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

Correlation

The correlation between ULPIX and SPY is 0.97, 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.


-0.50.00.51.01.0

Performance

ULPIX vs. SPY - Performance Comparison

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

-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
11.14%
7.86%
ULPIX
SPY

Key characteristics

Sharpe Ratio

ULPIX:

1.68

SPY:

2.03

Sortino Ratio

ULPIX:

2.12

SPY:

2.71

Omega Ratio

ULPIX:

1.31

SPY:

1.38

Calmar Ratio

ULPIX:

1.85

SPY:

3.02

Martin Ratio

ULPIX:

10.90

SPY:

13.49

Ulcer Index

ULPIX:

4.01%

SPY:

1.88%

Daily Std Dev

ULPIX:

25.94%

SPY:

12.48%

Max Drawdown

ULPIX:

-89.55%

SPY:

-55.19%

Current Drawdown

ULPIX:

-7.25%

SPY:

-3.54%

Returns By Period

In the year-to-date period, ULPIX achieves a 42.13% return, which is significantly higher than SPY's 24.51% return. Over the past 10 years, ULPIX has outperformed SPY with an annualized return of 15.23%, while SPY has yielded a comparatively lower 12.94% annualized return.


ULPIX

YTD

42.13%

1M

-1.23%

6M

10.53%

1Y

42.01%

5Y*

12.65%

10Y*

15.23%

SPY

YTD

24.51%

1M

-0.32%

6M

7.56%

1Y

24.63%

5Y*

14.51%

10Y*

12.94%

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. SPY - Expense Ratio Comparison

ULPIX has a 1.46% expense ratio, which is higher than SPY's 0.09% expense ratio.


ULPIX
ProFunds UltraBull Fund
Expense ratio chart for ULPIX: current value at 1.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.46%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

ULPIX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraBull Fund (ULPIX) and SPDR S&P 500 ETF (SPY). 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.


Sharpe ratio
The chart of Sharpe ratio for ULPIX, currently valued at 1.68, compared to the broader market-1.000.001.002.003.004.001.682.03
The chart of Sortino ratio for ULPIX, currently valued at 2.12, compared to the broader market-2.000.002.004.006.008.0010.002.122.71
The chart of Omega ratio for ULPIX, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.003.501.311.38
The chart of Calmar ratio for ULPIX, currently valued at 1.85, compared to the broader market0.005.0010.001.853.02
The chart of Martin ratio for ULPIX, currently valued at 10.90, compared to the broader market0.0020.0040.0060.0010.9013.49
ULPIX
SPY

The current ULPIX Sharpe Ratio is 1.68, which is comparable to the SPY Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of ULPIX and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.68
2.03
ULPIX
SPY

Dividends

ULPIX vs. SPY - Dividend Comparison

ULPIX's dividend yield for the trailing twelve months is around 0.63%, less than SPY's 0.87% yield.


TTM20232022202120202019201820172016201520142013
ULPIX
ProFunds UltraBull Fund
0.63%0.02%0.00%0.00%0.49%0.42%0.13%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
0.87%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

ULPIX vs. SPY - Drawdown Comparison

The maximum ULPIX drawdown since its inception was -89.55%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ULPIX and SPY. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.25%
-3.54%
ULPIX
SPY

Volatility

ULPIX vs. SPY - Volatility Comparison

ProFunds UltraBull Fund (ULPIX) has a higher volatility of 7.47% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that ULPIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
7.47%
3.64%
ULPIX
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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