PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ULPIX vs. UOPIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ULPIX and UOPIX is 0.85, 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.


-0.50.00.51.00.9

Performance

ULPIX vs. UOPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds UltraBull Fund (ULPIX) and ProFunds UltraNASDAQ-100 Fund (UOPIX). The values are adjusted to include any dividend payments, if applicable.

400.00%600.00%800.00%1,000.00%1,200.00%JulyAugustSeptemberOctoberNovemberDecember
495.12%
1,146.24%
ULPIX
UOPIX

Key characteristics

Sharpe Ratio

ULPIX:

1.79

UOPIX:

1.33

Sortino Ratio

ULPIX:

2.23

UOPIX:

1.80

Omega Ratio

ULPIX:

1.33

UOPIX:

1.24

Calmar Ratio

ULPIX:

1.95

UOPIX:

1.50

Martin Ratio

ULPIX:

11.33

UOPIX:

5.85

Ulcer Index

ULPIX:

4.06%

UOPIX:

8.19%

Daily Std Dev

ULPIX:

25.74%

UOPIX:

36.13%

Max Drawdown

ULPIX:

-89.55%

UOPIX:

-98.91%

Current Drawdown

ULPIX:

-7.42%

UOPIX:

-8.90%

Returns By Period

The year-to-date returns for both investments are quite close, with ULPIX having a 41.88% return and UOPIX slightly higher at 43.46%. Over the past 10 years, ULPIX has underperformed UOPIX with an annualized return of 15.08%, while UOPIX has yielded a comparatively higher 22.89% annualized return.


ULPIX

YTD

41.88%

1M

-3.18%

6M

11.30%

1Y

42.66%

5Y*

12.57%

10Y*

15.08%

UOPIX

YTD

43.46%

1M

2.85%

6M

9.05%

1Y

44.13%

5Y*

21.13%

10Y*

22.89%

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. UOPIX - Expense Ratio Comparison

ULPIX has a 1.46% expense ratio, which is lower than UOPIX's 1.47% expense ratio.


UOPIX
ProFunds UltraNASDAQ-100 Fund
Expense ratio chart for UOPIX: current value at 1.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.47%
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%

Risk-Adjusted Performance

ULPIX vs. UOPIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraBull Fund (ULPIX) and ProFunds UltraNASDAQ-100 Fund (UOPIX). 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 1.79, compared to the broader market-1.000.001.002.003.004.001.791.33
The chart of Sortino ratio for ULPIX, currently valued at 2.23, compared to the broader market-2.000.002.004.006.008.0010.002.231.80
The chart of Omega ratio for ULPIX, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.003.501.331.24
The chart of Calmar ratio for ULPIX, currently valued at 1.95, compared to the broader market0.002.004.006.008.0010.0012.0014.001.951.50
The chart of Martin ratio for ULPIX, currently valued at 11.33, compared to the broader market0.0020.0040.0060.0011.335.85
ULPIX
UOPIX

The current ULPIX Sharpe Ratio is 1.79, which is higher than the UOPIX Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of ULPIX and UOPIX, 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
1.79
1.33
ULPIX
UOPIX

Dividends

ULPIX vs. UOPIX - Dividend Comparison

ULPIX's dividend yield for the trailing twelve months is around 0.63%, more than UOPIX's 0.41% yield.


TTM202320222021202020192018
ULPIX
ProFunds UltraBull Fund
0.63%0.02%0.00%0.00%0.49%0.42%0.13%
UOPIX
ProFunds UltraNASDAQ-100 Fund
0.41%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

ULPIX vs. UOPIX - Drawdown Comparison

The maximum ULPIX drawdown since its inception was -89.55%, smaller than the maximum UOPIX drawdown of -98.91%. Use the drawdown chart below to compare losses from any high point for ULPIX and UOPIX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.42%
-8.90%
ULPIX
UOPIX

Volatility

ULPIX vs. UOPIX - Volatility Comparison

The current volatility for ProFunds UltraBull Fund (ULPIX) is 7.43%, while ProFunds UltraNASDAQ-100 Fund (UOPIX) has a volatility of 11.00%. This indicates that ULPIX experiences smaller price fluctuations and is considered to be less risky than UOPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
7.43%
11.00%
ULPIX
UOPIX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab