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
Key characteristics
ULPIX:
1.25
UPRO:
1.41
ULPIX:
1.67
UPRO:
1.87
ULPIX:
1.24
UPRO:
1.25
ULPIX:
2.00
UPRO:
2.21
ULPIX:
7.16
UPRO:
8.09
ULPIX:
4.69%
UPRO:
6.65%
ULPIX:
26.92%
UPRO:
38.28%
ULPIX:
-89.55%
UPRO:
-76.82%
ULPIX:
-6.03%
UPRO:
-6.39%
Returns By Period
In the year-to-date period, ULPIX achieves a 3.61% return, which is significantly lower than UPRO's 4.86% return. Over the past 10 years, ULPIX has underperformed UPRO with an annualized return of 14.92%, while UPRO has yielded a comparatively higher 23.41% annualized return.
ULPIX
3.61%
-3.84%
7.80%
27.81%
12.98%
14.92%
UPRO
4.86%
-5.89%
14.23%
44.40%
22.60%
23.41%
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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.
Dividends
ULPIX vs. UPRO - Dividend Comparison
ULPIX's dividend yield for the trailing twelve months is around 0.62%, less than UPRO's 0.88% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ULPIX ProFunds UltraBull Fund | 0.62% | 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 | 0.88% | 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.
Volatility
ULPIX vs. UPRO - Volatility Comparison
The current volatility for ProFunds UltraBull Fund (ULPIX) is 6.86%, while ProShares UltraPro S&P 500 (UPRO) has a volatility of 10.19%. 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.