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:
1.79
DXSLX:
1.29
ULPIX:
2.23
DXSLX:
1.68
ULPIX:
1.33
DXSLX:
1.25
ULPIX:
1.95
DXSLX:
1.59
ULPIX:
11.33
DXSLX:
7.63
ULPIX:
4.06%
DXSLX:
4.04%
ULPIX:
25.74%
DXSLX:
23.80%
ULPIX:
-89.55%
DXSLX:
-89.55%
ULPIX:
-7.42%
DXSLX:
-13.01%
Returns By Period
In the year-to-date period, ULPIX achieves a 41.88% return, which is significantly higher than DXSLX's 27.64% return. Over the past 10 years, ULPIX has outperformed DXSLX with an annualized return of 15.08%, while DXSLX has yielded a comparatively lower 14.08% annualized return.
ULPIX
41.88%
-3.18%
11.30%
42.66%
12.57%
15.08%
DXSLX
27.64%
-8.78%
3.04%
28.58%
15.70%
14.08%
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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 0.63%, more than DXSLX's 0.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
ULPIX ProFunds UltraBull Fund | 0.63% | 0.02% | 0.00% | 0.00% | 0.49% | 0.42% | 0.13% |
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund | 0.51% | 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
The current volatility for ProFunds UltraBull Fund (ULPIX) is 7.43%, while Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) has a volatility of 11.73%. This indicates that ULPIX experiences smaller price fluctuations and is considered to be less risky than DXSLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.