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.
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
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Key characteristics
ULPIX:
0.21
UPRO:
0.09
ULPIX:
0.60
UPRO:
0.57
ULPIX:
1.09
UPRO:
1.08
ULPIX:
0.26
UPRO:
0.14
ULPIX:
0.93
UPRO:
0.47
ULPIX:
10.03%
UPRO:
14.84%
ULPIX:
39.48%
UPRO:
57.28%
ULPIX:
-89.55%
UPRO:
-76.82%
ULPIX:
-17.94%
UPRO:
-28.49%
Returns By Period
In the year-to-date period, ULPIX achieves a -11.19% return, which is significantly higher than UPRO's -19.89% return. Over the past 10 years, ULPIX has underperformed UPRO with an annualized return of 16.84%, while UPRO has yielded a comparatively higher 20.37% annualized return.
ULPIX
-11.19%
14.80%
-15.32%
7.84%
23.51%
16.84%
UPRO
-19.89%
22.07%
-25.66%
4.93%
30.53%
20.37%
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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 Rank
ULPIX
UPRO
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.
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Dividends
ULPIX vs. UPRO - Dividend Comparison
ULPIX's dividend yield for the trailing twelve months is around 0.72%, less than UPRO's 1.25% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ULPIX ProFunds UltraBull Fund | 0.72% | 0.64% | 0.02% | 0.00% | 0.00% | 0.49% | 0.42% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% |
UPRO ProShares UltraPro S&P 500 | 1.25% | 0.93% | 0.74% | 0.52% | 0.06% | 0.11% | 0.41% | 0.63% | 0.00% | 0.12% | 0.34% | 0.22% |
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.
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Volatility
ULPIX vs. UPRO - Volatility Comparison
The current volatility for ProFunds UltraBull Fund (ULPIX) is 13.90%, while ProShares UltraPro S&P 500 (UPRO) has a volatility of 20.75%. 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.
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