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

Correlation

The correlation between ULPIX and UOPIX is 0.86, 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

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.

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Key characteristics

Sharpe Ratio

ULPIX:

0.21

UOPIX:

0.17

Sortino Ratio

ULPIX:

0.60

UOPIX:

0.60

Omega Ratio

ULPIX:

1.09

UOPIX:

1.08

Calmar Ratio

ULPIX:

0.26

UOPIX:

0.21

Martin Ratio

ULPIX:

0.93

UOPIX:

0.61

Ulcer Index

ULPIX:

10.03%

UOPIX:

14.59%

Daily Std Dev

ULPIX:

39.48%

UOPIX:

50.44%

Max Drawdown

ULPIX:

-89.55%

UOPIX:

-98.91%

Current Drawdown

ULPIX:

-17.94%

UOPIX:

-22.67%

Returns By Period

In the year-to-date period, ULPIX achieves a -11.19% return, which is significantly higher than UOPIX's -14.09% return. Over the past 10 years, ULPIX has underperformed UOPIX with an annualized return of 16.84%, while UOPIX has yielded a comparatively higher 24.57% annualized return.


ULPIX

YTD

-11.19%

1M

14.80%

6M

-15.32%

1Y

7.84%

5Y*

23.51%

10Y*

16.84%

UOPIX

YTD

-14.09%

1M

18.54%

6M

-16.00%

1Y

8.05%

5Y*

23.80%

10Y*

24.57%

*Annualized

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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 Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ULPIX
The Risk-Adjusted Performance Rank of ULPIX is 4343
Overall Rank
The Sharpe Ratio Rank of ULPIX is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of ULPIX is 4646
Sortino Ratio Rank
The Omega Ratio Rank of ULPIX is 4848
Omega Ratio Rank
The Calmar Ratio Rank of ULPIX is 4545
Calmar Ratio Rank
The Martin Ratio Rank of ULPIX is 4242
Martin Ratio Rank

UOPIX
The Risk-Adjusted Performance Rank of UOPIX is 4040
Overall Rank
The Sharpe Ratio Rank of UOPIX is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of UOPIX is 4646
Sortino Ratio Rank
The Omega Ratio Rank of UOPIX is 4545
Omega Ratio Rank
The Calmar Ratio Rank of UOPIX is 4040
Calmar Ratio Rank
The Martin Ratio Rank of UOPIX is 3535
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current ULPIX Sharpe Ratio is 0.21, which is comparable to the UOPIX Sharpe Ratio of 0.17. 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.


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Dividends

ULPIX vs. UOPIX - Dividend Comparison

ULPIX's dividend yield for the trailing twelve months is around 0.72%, more than UOPIX's 0.48% yield.


TTM2024202320222021202020192018
ULPIX
ProFunds UltraBull Fund
0.72%0.64%0.02%0.00%0.00%0.49%0.42%0.13%
UOPIX
ProFunds UltraNASDAQ-100 Fund
0.48%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.


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Volatility

ULPIX vs. UOPIX - Volatility Comparison

The current volatility for ProFunds UltraBull Fund (ULPIX) is 13.90%, while ProFunds UltraNASDAQ-100 Fund (UOPIX) has a volatility of 16.62%. 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.


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