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UOPIX vs. DXQLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


UOPIXDXQLX
YTD Return44.97%41.20%
1Y Return76.13%66.91%
3Y Return (Ann)3.23%2.22%
5Y Return (Ann)22.45%26.99%
10Y Return (Ann)23.53%24.25%
Sharpe Ratio2.082.09
Sortino Ratio2.562.61
Omega Ratio1.341.35
Calmar Ratio1.821.67
Martin Ratio9.059.63
Ulcer Index8.10%6.71%
Daily Std Dev35.30%30.89%
Max Drawdown-98.91%-91.88%
Current Drawdown0.00%0.00%

Correlation

-0.50.00.51.01.0

The correlation between UOPIX and DXQLX 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

UOPIX vs. DXQLX - Performance Comparison

In the year-to-date period, UOPIX achieves a 44.97% return, which is significantly higher than DXQLX's 41.20% return. Both investments have delivered pretty close results over the past 10 years, with UOPIX having a 23.53% annualized return and DXQLX not far ahead at 24.25%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
28.17%
25.97%
UOPIX
DXQLX

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UOPIX vs. DXQLX - Expense Ratio Comparison

UOPIX has a 1.47% expense ratio, which is higher than DXQLX's 1.39% expense ratio.


UOPIX
ProFunds UltraNASDAQ-100 Fund
Expense ratio chart for UOPIX: current value at 1.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.47%
Expense ratio chart for DXQLX: current value at 1.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.39%

Risk-Adjusted Performance

UOPIX vs. DXQLX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraNASDAQ-100 Fund (UOPIX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX). 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.


UOPIX
Sharpe ratio
The chart of Sharpe ratio for UOPIX, currently valued at 2.08, compared to the broader market0.002.004.002.08
Sortino ratio
The chart of Sortino ratio for UOPIX, currently valued at 2.56, compared to the broader market0.005.0010.002.56
Omega ratio
The chart of Omega ratio for UOPIX, currently valued at 1.34, compared to the broader market1.002.003.004.001.34
Calmar ratio
The chart of Calmar ratio for UOPIX, currently valued at 1.82, compared to the broader market0.005.0010.0015.0020.0025.001.82
Martin ratio
The chart of Martin ratio for UOPIX, currently valued at 9.05, compared to the broader market0.0020.0040.0060.0080.00100.009.05
DXQLX
Sharpe ratio
The chart of Sharpe ratio for DXQLX, currently valued at 2.09, compared to the broader market0.002.004.002.09
Sortino ratio
The chart of Sortino ratio for DXQLX, currently valued at 2.61, compared to the broader market0.005.0010.002.61
Omega ratio
The chart of Omega ratio for DXQLX, currently valued at 1.35, compared to the broader market1.002.003.004.001.35
Calmar ratio
The chart of Calmar ratio for DXQLX, currently valued at 1.67, compared to the broader market0.005.0010.0015.0020.0025.001.67
Martin ratio
The chart of Martin ratio for DXQLX, currently valued at 9.63, compared to the broader market0.0020.0040.0060.0080.00100.009.63

UOPIX vs. DXQLX - Sharpe Ratio Comparison

The current UOPIX Sharpe Ratio is 2.08, which is comparable to the DXQLX Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of UOPIX and DXQLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.08
2.09
UOPIX
DXQLX

Dividends

UOPIX vs. DXQLX - Dividend Comparison

UOPIX's dividend yield for the trailing twelve months is around 0.40%, more than DXQLX's 0.32% yield.


TTM2023202220212020
UOPIX
ProFunds UltraNASDAQ-100 Fund
0.40%0.00%0.00%0.00%0.00%
DXQLX
Direxion Monthly NASDAQ-100 Bull 1.75X Fund
0.32%0.00%0.00%0.00%0.28%

Drawdowns

UOPIX vs. DXQLX - Drawdown Comparison

The maximum UOPIX drawdown since its inception was -98.91%, which is greater than DXQLX's maximum drawdown of -91.88%. Use the drawdown chart below to compare losses from any high point for UOPIX and DXQLX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
UOPIX
DXQLX

Volatility

UOPIX vs. DXQLX - Volatility Comparison

ProFunds UltraNASDAQ-100 Fund (UOPIX) has a higher volatility of 10.32% compared to Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) at 8.91%. This indicates that UOPIX's price experiences larger fluctuations and is considered to be riskier than DXQLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%18.00%JuneJulyAugustSeptemberOctoberNovember
10.32%
8.91%
UOPIX
DXQLX