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.
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
Key characteristics
ULPIX:
-0.05
DXSLX:
-0.17
ULPIX:
0.20
DXSLX:
0.00
ULPIX:
1.03
DXSLX:
1.00
ULPIX:
-0.05
DXSLX:
-0.16
ULPIX:
-0.21
DXSLX:
-0.56
ULPIX:
9.14%
DXSLX:
10.76%
ULPIX:
38.92%
DXSLX:
35.63%
ULPIX:
-89.55%
DXSLX:
-89.55%
ULPIX:
-29.57%
DXSLX:
-30.24%
Returns By Period
In the year-to-date period, ULPIX achieves a -22.35% return, which is significantly lower than DXSLX's -18.55% return. Both investments have delivered pretty close results over the past 10 years, with ULPIX having a 11.71% annualized return and DXSLX not far behind at 11.32%.
ULPIX
-22.35%
-14.92%
-24.69%
1.49%
14.71%
11.71%
DXSLX
-18.55%
-12.14%
-25.98%
-3.07%
17.61%
11.32%
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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 Rank
ULPIX
DXSLX
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 0.82%, less than DXSLX's 2.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
ULPIX ProFunds UltraBull Fund | 0.82% | 0.64% | 0.02% | 0.00% | 0.00% | 0.49% | 0.42% | 0.13% |
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund | 2.25% | 0.52% | 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 27.14% compared to Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) at 25.01%. 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.