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ULPIX vs. DXSLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ULPIX and DXSLX is 0.99, 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

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds UltraBull Fund (ULPIX) and Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ULPIX:

0.21

DXSLX:

0.02

Sortino Ratio

ULPIX:

0.60

DXSLX:

0.32

Omega Ratio

ULPIX:

1.09

DXSLX:

1.05

Calmar Ratio

ULPIX:

0.26

DXSLX:

0.05

Martin Ratio

ULPIX:

0.93

DXSLX:

0.14

Ulcer Index

ULPIX:

10.03%

DXSLX:

12.31%

Daily Std Dev

ULPIX:

39.48%

DXSLX:

36.33%

Max Drawdown

ULPIX:

-89.55%

DXSLX:

-89.55%

Current Drawdown

ULPIX:

-17.94%

DXSLX:

-21.17%

Returns By Period

In the year-to-date period, ULPIX achieves a -11.19% return, which is significantly lower than DXSLX's -7.97% return. Over the past 10 years, ULPIX has outperformed DXSLX with an annualized return of 16.84%, while DXSLX has yielded a comparatively lower 12.77% annualized return.


ULPIX

YTD

-11.19%

1M

14.80%

6M

-15.32%

1Y

7.84%

5Y*

23.51%

10Y*

16.84%

DXSLX

YTD

-7.97%

1M

13.42%

6M

-19.23%

1Y

0.57%

5Y*

18.86%

10Y*

12.77%

*Annualized

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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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ULPIX
The Risk-Adjusted Performance Rank of ULPIX is 4343
Overall Rank
The Sharpe Ratio Rank of ULPIX is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of ULPIX is 4646
Sortino Ratio Rank
The Omega Ratio Rank of ULPIX is 4848
Omega Ratio Rank
The Calmar Ratio Rank of ULPIX is 4545
Calmar Ratio Rank
The Martin Ratio Rank of ULPIX is 4242
Martin Ratio Rank

DXSLX
The Risk-Adjusted Performance Rank of DXSLX is 2828
Overall Rank
The Sharpe Ratio Rank of DXSLX is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of DXSLX is 3232
Sortino Ratio Rank
The Omega Ratio Rank of DXSLX is 3333
Omega Ratio Rank
The Calmar Ratio Rank of DXSLX is 2727
Calmar Ratio Rank
The Martin Ratio Rank of DXSLX is 2525
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current ULPIX Sharpe Ratio is 0.21, which is higher than the DXSLX Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of ULPIX and DXSLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ULPIX vs. DXSLX - Dividend Comparison

ULPIX's dividend yield for the trailing twelve months is around 0.72%, less than DXSLX's 1.99% yield.


TTM2024202320222021202020192018
ULPIX
ProFunds UltraBull Fund
0.72%0.64%0.02%0.00%0.00%0.49%0.42%0.13%
DXSLX
Direxion Monthly S&P 500 Bull 1.75X Fund
1.99%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.


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Volatility

ULPIX vs. DXSLX - Volatility Comparison

ProFunds UltraBull Fund (ULPIX) has a higher volatility of 13.90% compared to Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) at 12.46%. 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.


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