ULPIX vs. DXSLX
Compare and contrast key facts about ProFunds UltraBull Fund (ULPIX) and Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX).
ULPIX is managed by ProFunds. It was launched on Nov 25, 1997. DXSLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ULPIX or DXSLX.
Key characteristics
| ULPIX | DXSLX | |
|---|---|---|
| YTD Return | 48.43% | 42.74% |
| 1Y Return | 66.05% | 57.33% |
| 3Y Return (Ann) | 7.15% | 6.23% |
| 5Y Return (Ann) | 15.08% | 19.85% |
| 10Y Return (Ann) | 16.07% | 15.36% |
| Sharpe Ratio | 2.86 | 2.91 |
| Sortino Ratio | 3.32 | 3.58 |
| Omega Ratio | 1.50 | 1.50 |
| Calmar Ratio | 2.48 | 2.54 |
| Martin Ratio | 18.33 | 18.30 |
| Ulcer Index | 3.95% | 3.41% |
| Daily Std Dev | 25.31% | 21.45% |
| Max Drawdown | -89.55% | -89.55% |
| Current Drawdown | -0.60% | -0.45% |
Correlation
The correlation between ULPIX and DXSLX is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ULPIX vs. DXSLX - Performance Comparison
In the year-to-date period, ULPIX achieves a 48.43% return, which is significantly higher than DXSLX's 42.74% return. Both investments have delivered pretty close results over the past 10 years, with ULPIX having a 16.07% annualized return and DXSLX not far behind at 15.36%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ULPIX vs. DXSLX - Expense Ratio Comparison
ULPIX has a 1.46% expense ratio, which is higher than DXSLX's 1.35% expense ratio.
Risk-Adjusted Performance
ULPIX vs. DXSLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraBull Fund (ULPIX) and Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX). 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.
Dividends
ULPIX vs. DXSLX - Dividend Comparison
ULPIX's dividend yield for the trailing twelve months is around 0.60%, more than DXSLX's 0.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
ULPIX ProFunds UltraBull Fund | 0.60% | 0.02% | 0.00% | 0.00% | 0.49% | 0.42% | 0.13% |
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund | 0.46% | 0.00% | 0.00% | 0.00% | 0.69% | 0.00% | 0.01% |
Drawdowns
ULPIX vs. DXSLX - Drawdown Comparison
The maximum ULPIX drawdown since its inception was -89.55%, roughly equal to the maximum DXSLX drawdown of -89.55%. Use the drawdown chart below to compare losses from any high point for ULPIX and DXSLX. For additional features, visit the drawdowns tool.
Volatility
ULPIX vs. DXSLX - Volatility Comparison
ProFunds UltraBull Fund (ULPIX) has a higher volatility of 7.49% compared to Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) at 6.49%. This indicates that ULPIX's price experiences larger fluctuations and is considered to be riskier than DXSLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.