ULPIX vs. SSO
Compare and contrast key facts about ProFunds UltraBull Fund (ULPIX) and ProShares Ultra S&P 500 (SSO).
ULPIX is managed by ProFunds. It was launched on Nov 25, 1997. SSO is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (200%). It was launched on Jun 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ULPIX or SSO.
Correlation
The correlation between ULPIX and SSO 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. SSO - Performance Comparison
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Key characteristics
ULPIX:
0.20
SSO:
0.24
ULPIX:
0.59
SSO:
0.64
ULPIX:
1.09
SSO:
1.09
ULPIX:
0.26
SSO:
0.29
ULPIX:
0.91
SSO:
1.03
ULPIX:
10.04%
SSO:
9.99%
ULPIX:
39.48%
SSO:
38.38%
ULPIX:
-89.55%
SSO:
-84.67%
ULPIX:
-18.06%
SSO:
-17.93%
Returns By Period
The year-to-date returns for both investments are quite close, with ULPIX having a -11.33% return and SSO slightly higher at -11.10%. Over the past 10 years, ULPIX has underperformed SSO with an annualized return of 16.81%, while SSO has yielded a comparatively higher 17.91% annualized return.
ULPIX
-11.33%
6.38%
-15.45%
8.03%
23.46%
16.81%
SSO
-11.10%
6.68%
-15.07%
9.09%
24.42%
17.91%
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ULPIX vs. SSO - Expense Ratio Comparison
ULPIX has a 1.46% expense ratio, which is higher than SSO's 0.90% expense ratio.
Risk-Adjusted Performance
ULPIX vs. SSO — Risk-Adjusted Performance Rank
ULPIX
SSO
ULPIX vs. SSO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraBull Fund (ULPIX) and ProShares Ultra S&P 500 (SSO). 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.
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Dividends
ULPIX vs. SSO - Dividend Comparison
ULPIX's dividend yield for the trailing twelve months is around 3.45%, more than SSO's 0.95% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ULPIX ProFunds UltraBull Fund | 3.45% | 3.06% | 0.02% | 10.36% | 5.62% | 12.74% | 0.42% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% |
SSO ProShares Ultra S&P 500 | 0.95% | 0.85% | 0.18% | 0.50% | 0.18% | 0.20% | 0.50% | 0.75% | 0.39% | 0.51% | 0.63% | 0.32% |
Drawdowns
ULPIX vs. SSO - Drawdown Comparison
The maximum ULPIX drawdown since its inception was -89.55%, which is greater than SSO's maximum drawdown of -84.67%. Use the drawdown chart below to compare losses from any high point for ULPIX and SSO. For additional features, visit the drawdowns tool.
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Volatility
ULPIX vs. SSO - Volatility Comparison
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