ULPIX vs. UOPIX
Compare and contrast key facts about ProFunds UltraBull Fund (ULPIX) and ProFunds UltraNASDAQ-100 Fund (UOPIX).
ULPIX is managed by ProFunds. It was launched on Nov 25, 1997. UOPIX is managed by ProFunds. It was launched on Nov 30, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ULPIX or UOPIX.
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.
Performance
ULPIX vs. UOPIX - Performance Comparison
Key characteristics
ULPIX:
1.79
UOPIX:
1.33
ULPIX:
2.23
UOPIX:
1.80
ULPIX:
1.33
UOPIX:
1.24
ULPIX:
1.95
UOPIX:
1.50
ULPIX:
11.33
UOPIX:
5.85
ULPIX:
4.06%
UOPIX:
8.19%
ULPIX:
25.74%
UOPIX:
36.13%
ULPIX:
-89.55%
UOPIX:
-98.91%
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
41.88%
-3.18%
11.30%
42.66%
12.57%
15.08%
UOPIX
43.46%
2.85%
9.05%
44.13%
21.13%
22.89%
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ULPIX vs. UOPIX - Expense Ratio Comparison
ULPIX has a 1.46% expense ratio, which is lower than UOPIX's 1.47% expense ratio.
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.
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.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
---|---|---|---|---|---|---|---|
ProFunds UltraBull Fund | 0.63% | 0.02% | 0.00% | 0.00% | 0.49% | 0.42% | 0.13% |
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.
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.