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

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

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds UltraBull Fund (ULPIX) and ProShares UltraPro S&P 500 (UPRO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ULPIX:

0.21

UPRO:

0.09

Sortino Ratio

ULPIX:

0.60

UPRO:

0.57

Omega Ratio

ULPIX:

1.09

UPRO:

1.08

Calmar Ratio

ULPIX:

0.26

UPRO:

0.14

Martin Ratio

ULPIX:

0.93

UPRO:

0.47

Ulcer Index

ULPIX:

10.03%

UPRO:

14.84%

Daily Std Dev

ULPIX:

39.48%

UPRO:

57.28%

Max Drawdown

ULPIX:

-89.55%

UPRO:

-76.82%

Current Drawdown

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

YTD

-11.19%

1M

14.80%

6M

-15.32%

1Y

7.84%

5Y*

23.51%

10Y*

16.84%

UPRO

YTD

-19.89%

1M

22.07%

6M

-25.66%

1Y

4.93%

5Y*

30.53%

10Y*

20.37%

*Annualized

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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

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

UPRO
The Risk-Adjusted Performance Rank of UPRO is 3434
Overall Rank
The Sharpe Ratio Rank of UPRO is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of UPRO is 4242
Sortino Ratio Rank
The Omega Ratio Rank of UPRO is 4444
Omega Ratio Rank
The Calmar Ratio Rank of UPRO is 3131
Calmar Ratio Rank
The Martin Ratio Rank of UPRO is 2929
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. 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.


The current ULPIX Sharpe Ratio is 0.21, which is higher than the UPRO Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of ULPIX and UPRO, 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. UPRO - Dividend Comparison

ULPIX's dividend yield for the trailing twelve months is around 0.72%, less than UPRO's 1.25% yield.


TTM20242023202220212020201920182017201620152014
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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