UMPIX vs. USPIX
UMPIX (ProFunds UltraMid Cap Fund) and USPIX (ProFunds UltraShort NASDAQ-100 Fund) are both mutual funds - UMPIX is a Leveraged Equities fund managed by ProFunds, while USPIX is a Inverse Equities fund managed by ProFunds. Over the past 10 years, UMPIX returned 12.26%/yr vs -38.40%/yr for USPIX. Their -0.78 correlation means they have often moved in opposite directions in the past. UMPIX charges 1.51%/yr vs 1.68%/yr for USPIX.
Performance
UMPIX vs. USPIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UMPIX achieves a 25.07% return, which is significantly higher than USPIX's -21.82% return. Over the past 10 years, UMPIX has outperformed USPIX with an annualized return of 12.26%, while USPIX has yielded a comparatively lower -38.40% annualized return.
UMPIX
- 1D
- 1.65%
- 1M
- -2.49%
- 6M
- 16.31%
- YTD
- 25.07%
- 1Y
- 38.66%
- 3Y*
- 15.21%
- 5Y*
- 7.81%
- 10Y*
- 12.26%
- ALL TIME*
- 9.59%
USPIX
- 1D
- -6.68%
- 1M
- 8.37%
- 6M
- -20.22%
- YTD
- -21.82%
- 1Y
- -35.87%
- 3Y*
- -34.61%
- 5Y*
- -29.64%
- 10Y*
- -38.40%
- ALL TIME*
- -35.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
UMPIX vs. USPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UMPIX ProFunds UltraMid Cap Fund | 25.07% | 3.62% | 16.80% | 22.37% | -32.05% | 55.65% | 5.21% | 48.88% | -26.37% | 23.77% |
USPIX ProFunds UltraShort NASDAQ-100 Fund | -21.82% | -35.26% | -38.20% | -57.06% | 61.80% | -46.20% | -70.91% | -50.15% | -9.56% | -44.56% |
Correlation
The correlation between UMPIX and USPIX is -0.66, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.66 |
Correlation (3Y) Balances recent behavior with more history. | -0.65 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.72 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.68 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2000 | -0.78 |
The correlation between UMPIX and USPIX shifts across timeframes, from -0.78 (all time) to -0.65 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UMPIX vs. USPIX — Risk / Return Rank
UMPIX
USPIX
UMPIX vs. USPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraMid Cap Fund (UMPIX) and ProFunds UltraShort NASDAQ-100 Fund (USPIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UMPIX | USPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.86 | ||
| Sortino ratioReturn per unit of downside risk | +2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.87 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | -0.73 | +2.52 |
| Martin ratioReturn relative to average drawdown | 6.13 | -1.33 | +7.46 |
Loading charts...
Drawdowns
UMPIX vs. USPIX - Drawdown Comparison
The maximum UMPIX drawdown since its inception was -85.51%, smaller than the maximum USPIX drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for UMPIX and USPIX.
Loading charts...
Drawdown Indicators
| UMPIX | USPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.51% | -100.00% | +14.49% |
Max Drawdown (1Y)Largest decline over 1 year | -17.70% | -45.06% | +27.36% |
Max Drawdown (3Y)Largest decline over 3 years | -44.93% | -80.96% | +36.03% |
Max Drawdown (5Y)Largest decline over 5 years | -44.93% | -89.53% | +44.60% |
Max Drawdown (10Y)Largest decline over 10 years | -69.51% | -99.34% | +29.83% |
Current DrawdownCurrent decline from peak | -5.07% | -100.00% | +94.93% |
Average DrawdownAverage peak-to-trough decline | -21.92% | -96.44% | +74.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.19% | 24.54% | -19.35% |
Volatility
UMPIX vs. USPIX - Volatility Comparison
The current volatility for ProFunds UltraMid Cap Fund (UMPIX) is 7.02%, while ProFunds UltraShort NASDAQ-100 Fund (USPIX) has a volatility of 13.82%. This indicates that UMPIX experiences smaller price fluctuations and is considered to be less risky than USPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UMPIX | USPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.02% | 13.82% | -6.80% |
Volatility (6M)Calculated over the trailing 6-month period | 23.10% | 31.92% | -8.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.34% | 38.65% | -7.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.43% | 46.17% | -6.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.84% | 44.75% | -2.91% |
UMPIX vs. USPIX - Expense Ratio Comparison
UMPIX has a 1.51% expense ratio, which is lower than USPIX's 1.68% expense ratio.
Dividends
UMPIX vs. USPIX - Dividend Comparison
UMPIX's dividend yield for the trailing twelve months is around 0.15%, less than USPIX's 3.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
UMPIX ProFunds UltraMid Cap Fund | 0.15% | 0.19% | 0.96% | 0.59% | 0.00% | 9.49% | 0.00% | 2.07% | 0.14% | 2.33% |
USPIX ProFunds UltraShort NASDAQ-100 Fund | 3.46% | 2.71% | 0.00% | 5.92% | 0.00% | 0.00% | 0.07% | 0.36% | 0.00% | 0.00% |
Frequently Asked Questions
UMPIX and USPIX have a correlation of -0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USPIX has higher volatility (13.82%) compared to UMPIX (7.02%). In terms of maximum drawdown, UMPIX dropped -85.51% vs USPIX's -100.00%.
UMPIX currently has the higher Sharpe Ratio (1.01 vs -0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for UMPIX and USPIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer