UOPIX vs. DXQLX
Compare and contrast key facts about ProFunds UltraNASDAQ-100 Fund (UOPIX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX).
UOPIX is managed by ProFunds. It was launched on Nov 30, 1997. DXQLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UOPIX or DXQLX.
Correlation
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
Key characteristics
UOPIX:
-0.12
DXQLX:
-0.02
UOPIX:
0.17
DXQLX:
0.29
UOPIX:
1.02
DXQLX:
1.04
UOPIX:
-0.14
DXQLX:
-0.03
UOPIX:
-0.46
DXQLX:
-0.09
UOPIX:
12.95%
DXQLX:
10.92%
UOPIX:
49.92%
DXQLX:
45.08%
UOPIX:
-98.91%
DXQLX:
-95.28%
UOPIX:
-35.53%
DXQLX:
-29.96%
Returns By Period
In the year-to-date period, UOPIX achieves a -28.37% return, which is significantly lower than DXQLX's -23.51% return. Over the past 10 years, UOPIX has underperformed DXQLX with an annualized return of 17.85%, while DXQLX has yielded a comparatively higher 19.54% annualized return.
UOPIX
-28.37%
-16.44%
-24.82%
1.82%
15.17%
17.85%
DXQLX
-23.51%
-13.07%
-19.71%
6.40%
18.23%
19.54%
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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.
Risk-Adjusted Performance
UOPIX vs. DXQLX — Risk-Adjusted Performance Rank
UOPIX
DXQLX
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.
Dividends
UOPIX vs. DXQLX - Dividend Comparison
UOPIX's dividend yield for the trailing twelve months is around 0.58%, less than DXQLX's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
UOPIX ProFunds UltraNASDAQ-100 Fund | 0.58% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% |
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 1.25% | 0.33% | 0.00% | 0.00% | 0.00% | 0.28% |
Drawdowns
UOPIX vs. DXQLX - Drawdown Comparison
The maximum UOPIX drawdown since its inception was -98.91%, roughly equal to the maximum DXQLX drawdown of -95.28%. Use the drawdown chart below to compare losses from any high point for UOPIX and DXQLX. For additional features, visit the drawdowns tool.
Volatility
UOPIX vs. DXQLX - Volatility Comparison
ProFunds UltraNASDAQ-100 Fund (UOPIX) has a higher volatility of 31.76% compared to Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) at 29.59%. 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.