Correlation
The correlation between UMPIX and XMMO is 0.83, 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.
UMPIX vs. XMMO
Compare and contrast key facts about ProFunds UltraMid Cap Fund (UMPIX) and Invesco S&P MidCap Momentum ETF (XMMO).
UMPIX is managed by ProFunds. It was launched on Feb 6, 2000. XMMO is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Mar 3, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UMPIX or XMMO.
Performance
UMPIX vs. XMMO - Performance Comparison
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Key characteristics
UMPIX:
-0.13
XMMO:
0.39
UMPIX:
0.11
XMMO:
0.66
UMPIX:
1.01
XMMO:
1.09
UMPIX:
-0.14
XMMO:
0.35
UMPIX:
-0.37
XMMO:
1.02
UMPIX:
16.48%
XMMO:
8.56%
UMPIX:
44.12%
XMMO:
24.56%
UMPIX:
-85.51%
XMMO:
-55.37%
UMPIX:
-25.81%
XMMO:
-8.46%
Returns By Period
In the year-to-date period, UMPIX achieves a -11.93% return, which is significantly lower than XMMO's 0.89% return. Over the past 10 years, UMPIX has underperformed XMMO with an annualized return of 8.06%, while XMMO has yielded a comparatively higher 15.15% annualized return.
UMPIX
-11.93%
9.06%
-24.72%
-7.69%
3.93%
16.06%
8.06%
XMMO
0.89%
7.23%
-7.80%
9.03%
16.34%
16.69%
15.15%
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UMPIX vs. XMMO - Expense Ratio Comparison
UMPIX has a 1.51% expense ratio, which is higher than XMMO's 0.33% expense ratio.
Risk-Adjusted Performance
UMPIX vs. XMMO — Risk-Adjusted Performance Rank
UMPIX
XMMO
UMPIX vs. XMMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraMid Cap Fund (UMPIX) and Invesco S&P MidCap Momentum ETF (XMMO). 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
UMPIX vs. XMMO - Dividend Comparison
UMPIX's dividend yield for the trailing twelve months is around 1.37%, more than XMMO's 0.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UMPIX ProFunds UltraMid Cap Fund | 1.37% | 1.21% | 0.59% | 0.00% | 4.66% | 0.00% | 2.07% | 0.14% | 2.33% | 0.00% | 0.00% | 6.81% |
XMMO Invesco S&P MidCap Momentum ETF | 0.49% | 0.34% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% | 1.24% |
Drawdowns
UMPIX vs. XMMO - Drawdown Comparison
The maximum UMPIX drawdown since its inception was -85.51%, which is greater than XMMO's maximum drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for UMPIX and XMMO.
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Volatility
UMPIX vs. XMMO - Volatility Comparison
ProFunds UltraMid Cap Fund (UMPIX) has a higher volatility of 11.77% compared to Invesco S&P MidCap Momentum ETF (XMMO) at 5.25%. This indicates that UMPIX's price experiences larger fluctuations and is considered to be riskier than XMMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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