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.
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.
Performance
ULPIX vs. DXSLX - Performance Comparison
Loading data...
Key characteristics
ULPIX:
0.32
DXSLX:
0.47
ULPIX:
0.77
DXSLX:
0.86
ULPIX:
1.11
DXSLX:
1.12
ULPIX:
0.41
DXSLX:
0.48
ULPIX:
1.39
DXSLX:
1.75
ULPIX:
10.34%
DXSLX:
8.78%
ULPIX:
40.32%
DXSLX:
35.80%
ULPIX:
-89.35%
DXSLX:
-89.91%
ULPIX:
-11.60%
DXSLX:
-7.85%
Returns By Period
In the year-to-date period, ULPIX achieves a -4.33% return, which is significantly lower than DXSLX's -1.11% return. Both investments have delivered pretty close results over the past 10 years, with ULPIX having a 17.59% annualized return and DXSLX not far ahead at 18.29%.
ULPIX
-4.33%
11.60%
-8.63%
14.51%
17.37%
23.41%
17.59%
DXSLX
-1.11%
10.81%
-4.90%
16.76%
16.73%
23.24%
18.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Loading data...
Dividends
ULPIX vs. DXSLX - Dividend Comparison
ULPIX's dividend yield for the trailing twelve months is around 3.20%, less than DXSLX's 12.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ULPIX ProFunds UltraBull Fund | 3.20% | 3.06% | 0.02% | 10.36% | 5.62% | 12.74% | 0.42% | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% |
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund | 12.20% | 10.57% | 0.00% | 0.00% | 7.89% | 2.42% | 4.40% | 7.21% | 6.99% | 0.00% | 5.14% | 4.06% |
Drawdowns
ULPIX vs. DXSLX - Drawdown Comparison
The maximum ULPIX drawdown since its inception was -89.35%, roughly equal to the maximum DXSLX drawdown of -89.91%. Use the drawdown chart below to compare losses from any high point for ULPIX and DXSLX.
Loading data...
Volatility
ULPIX vs. DXSLX - Volatility Comparison
ProFunds UltraBull Fund (ULPIX) has a higher volatility of 9.58% compared to Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) at 8.14%. 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.
Loading data...