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:
1.25
DXSLX:
0.87
ULPIX:
1.67
DXSLX:
1.22
ULPIX:
1.24
DXSLX:
1.18
ULPIX:
2.00
DXSLX:
1.34
ULPIX:
7.16
DXSLX:
3.50
ULPIX:
4.69%
DXSLX:
6.08%
ULPIX:
26.92%
DXSLX:
24.39%
ULPIX:
-89.55%
DXSLX:
-89.55%
ULPIX:
-6.03%
DXSLX:
-11.50%
Returns By Period
In the year-to-date period, ULPIX achieves a 3.61% return, which is significantly higher than DXSLX's 3.32% return. Over the past 10 years, ULPIX has outperformed DXSLX with an annualized return of 14.92%, while DXSLX has yielded a comparatively lower 13.95% annualized return.
ULPIX
3.61%
-3.84%
7.80%
27.81%
12.98%
14.92%
DXSLX
3.32%
-3.22%
0.09%
16.84%
16.06%
13.95%
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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 0.62%, less than DXSLX's 1.77% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
---|---|---|---|---|---|---|---|---|
ULPIX ProFunds UltraBull Fund | 0.62% | 0.64% | 0.02% | 0.00% | 0.00% | 0.49% | 0.42% | 0.13% |
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund | 1.77% | 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 6.86% compared to Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) at 5.94%. 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.