ULPIX vs. UPRO
Compare and contrast key facts about ProFunds UltraBull Fund (ULPIX) and ProShares UltraPro S&P 500 (UPRO).
ULPIX is managed by ProFunds. It was launched on Nov 25, 1997. UPRO is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (300%). It was launched on Jun 23, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ULPIX or UPRO.
Key characteristics
| ULPIX | UPRO | |
|---|---|---|
| YTD Return | 49.11% | 76.25% |
| 1Y Return | 78.20% | 129.67% |
| 3Y Return (Ann) | 7.29% | 10.27% |
| 5Y Return (Ann) | 15.57% | 26.16% |
| 10Y Return (Ann) | 16.14% | 25.03% |
| Sharpe Ratio | 2.95 | 3.36 |
| Sortino Ratio | 3.41 | 3.60 |
| Omega Ratio | 1.51 | 1.50 |
| Calmar Ratio | 2.23 | 2.75 |
| Martin Ratio | 19.08 | 20.54 |
| Ulcer Index | 3.95% | 6.03% |
| Daily Std Dev | 25.53% | 36.85% |
| Max Drawdown | -89.55% | -76.82% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between ULPIX and UPRO 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. UPRO - Performance Comparison
In the year-to-date period, ULPIX achieves a 49.11% return, which is significantly lower than UPRO's 76.25% return. Over the past 10 years, ULPIX has underperformed UPRO with an annualized return of 16.14%, while UPRO has yielded a comparatively higher 25.03% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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. UPRO - Expense Ratio Comparison
ULPIX has a 1.46% expense ratio, which is higher than UPRO's 0.92% expense ratio.
Risk-Adjusted Performance
ULPIX vs. UPRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraBull Fund (ULPIX) and ProShares UltraPro S&P 500 (UPRO). 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. UPRO - Dividend Comparison
ULPIX's dividend yield for the trailing twelve months is around 0.60%, less than UPRO's 0.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ULPIX ProFunds UltraBull Fund | 0.60% | 0.02% | 0.00% | 0.00% | 0.49% | 0.42% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UPRO ProShares UltraPro S&P 500 | 0.72% | 0.74% | 0.52% | 0.06% | 0.11% | 0.53% | 0.63% | 0.00% | 0.12% | 0.34% | 0.22% | 0.07% |
Drawdowns
ULPIX vs. UPRO - Drawdown Comparison
The maximum ULPIX drawdown since its inception was -89.55%, which is greater than UPRO's maximum drawdown of -76.82%. Use the drawdown chart below to compare losses from any high point for ULPIX and UPRO. For additional features, visit the drawdowns tool.
Volatility
ULPIX vs. UPRO - Volatility Comparison
The current volatility for ProFunds UltraBull Fund (ULPIX) is 7.82%, while ProShares UltraPro S&P 500 (UPRO) has a volatility of 11.82%. This indicates that ULPIX experiences smaller price fluctuations and is considered to be less risky than UPRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.