UKPIX vs. TEPIX
UKPIX (ProFunds Ultra Short Japan Fund) and TEPIX (ProFunds Technology UltraSector Fund) are both mutual funds - UKPIX is a Inverse Equities fund managed by ProFunds, while TEPIX is a Leveraged Equities fund managed by ProFunds. Over the past 10 years, UKPIX returned -15.88%/yr vs 10.96%/yr for TEPIX. Their -0.64 correlation means they have often moved in opposite directions in the past. UKPIX charges 1.78%/yr vs 1.48%/yr for TEPIX.
Performance
UKPIX vs. TEPIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UKPIX achieves a -45.39% return, which is significantly lower than TEPIX's 32.58% return. Over the past 10 years, UKPIX has underperformed TEPIX with an annualized return of -15.88%, while TEPIX has yielded a comparatively higher 10.96% annualized return.
UKPIX
- 1D
- -0.34%
- 1M
- 13.92%
- 6M
- -36.50%
- YTD
- -45.39%
- 1Y
- -66.40%
- 3Y*
- 21.87%
- 5Y*
- 1.18%
- 10Y*
- -15.88%
- ALL TIME*
- -17.91%
TEPIX
- 1D
- 2.37%
- 1M
- -2.76%
- 6M
- 35.89%
- YTD
- 32.58%
- 1Y
- 50.22%
- 3Y*
- -16.68%
- 5Y*
- -12.85%
- 10Y*
- 10.96%
- ALL TIME*
- 4.30%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
UKPIX vs. TEPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UKPIX ProFunds Ultra Short Japan Fund | -45.39% | -44.54% | 554.47% | -43.26% | 9.92% | -20.34% | -47.86% | -35.34% | 13.58% | -34.24% |
TEPIX ProFunds Technology UltraSector Fund | 32.58% | 30.08% | -71.46% | 91.81% | -51.01% | 46.85% | 64.53% | 71.30% | -5.89% | 49.17% |
Correlation
The correlation between UKPIX and TEPIX is -0.75, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.75 |
Correlation (3Y) Balances recent behavior with more history. | -0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.66 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.63 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2006 | -0.64 |
The correlation between UKPIX and TEPIX shifts across timeframes, from -0.75 (1 year) to -0.63 (10 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UKPIX vs. TEPIX — Risk / Return Rank
UKPIX
TEPIX
UKPIX vs. TEPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Ultra Short Japan Fund (UKPIX) and ProFunds Technology UltraSector Fund (TEPIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UKPIX | TEPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.66 | ||
| Sortino ratioReturn per unit of downside risk | -4.22 | ||
| Omega ratioGain probability vs. loss probability | 0.74 | 1.24 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | 2.23 | -3.14 |
| Martin ratioReturn relative to average drawdown | -1.39 | 5.81 | -7.19 |
Loading charts...
Drawdowns
UKPIX vs. TEPIX - Drawdown Comparison
The maximum UKPIX drawdown since its inception was -99.83%, which is greater than TEPIX's maximum drawdown of -89.14%. Use the drawdown chart below to compare losses from any high point for UKPIX and TEPIX.
Loading charts...
Drawdown Indicators
| UKPIX | TEPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.83% | -89.14% | -10.69% |
Max Drawdown (1Y)Largest decline over 1 year | -73.93% | -24.64% | -49.29% |
Max Drawdown (3Y)Largest decline over 3 years | -83.62% | -85.79% | +2.17% |
Max Drawdown (5Y)Largest decline over 5 years | -83.62% | -85.79% | +2.17% |
Max Drawdown (10Y)Largest decline over 10 years | -94.57% | -85.79% | -8.78% |
Current DrawdownCurrent decline from peak | -99.43% | -63.16% | -36.27% |
Average DrawdownAverage peak-to-trough decline | -82.82% | -49.95% | -32.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.72% | 9.44% | +40.28% |
Volatility
UKPIX vs. TEPIX - Volatility Comparison
ProFunds Ultra Short Japan Fund (UKPIX) has a higher volatility of 18.54% compared to ProFunds Technology UltraSector Fund (TEPIX) at 14.03%. This indicates that UKPIX's price experiences larger fluctuations and is considered to be riskier than TEPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UKPIX | TEPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.54% | 14.03% | +4.51% |
Volatility (6M)Calculated over the trailing 6-month period | 45.61% | 32.70% | +12.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.20% | 38.46% | +16.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 425.81% | 52.85% | +372.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 302.24% | 44.80% | +257.44% |
UKPIX vs. TEPIX - Expense Ratio Comparison
UKPIX has a 1.78% expense ratio, which is higher than TEPIX's 1.48% expense ratio.
Dividends
UKPIX vs. TEPIX - Dividend Comparison
UKPIX's dividend yield for the trailing twelve months is around 3.01%, more than TEPIX's 2.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
TEPIX ProFunds Technology UltraSector Fund | 2.43% | 3.22% | 0.00% | 0.37% | 0.00% | 0.90% | 2.31% | 0.00% | 0.23% |
UKPIX ProFunds Ultra Short Japan Fund | 3.01% | 1.65% | 9.69% | 1.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UKPIX and TEPIX have a correlation of -0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UKPIX has higher volatility (18.54%) compared to TEPIX (14.03%). In terms of maximum drawdown, UKPIX dropped -99.83% vs TEPIX's -89.14%.
TEPIX currently has the higher Sharpe Ratio (1.43 vs -1.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for UKPIX and TEPIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer