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

Correlation

The correlation between UOPIX and DXQLX is 0.89, 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

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds UltraNASDAQ-100 Fund (UOPIX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

UOPIX:

0.39

DXQLX:

0.50

Sortino Ratio

UOPIX:

0.91

DXQLX:

1.03

Omega Ratio

UOPIX:

1.13

DXQLX:

1.14

Calmar Ratio

UOPIX:

0.49

DXQLX:

0.62

Martin Ratio

UOPIX:

1.43

DXQLX:

1.94

Ulcer Index

UOPIX:

14.65%

DXQLX:

12.22%

Daily Std Dev

UOPIX:

51.12%

DXQLX:

46.12%

Max Drawdown

UOPIX:

-98.91%

DXQLX:

-95.28%

Current Drawdown

UOPIX:

-13.91%

DXQLX:

-9.53%

Returns By Period

In the year-to-date period, UOPIX achieves a -4.36% return, which is significantly lower than DXQLX's -1.20% return. Over the past 10 years, UOPIX has outperformed DXQLX with an annualized return of 25.54%, while DXQLX has yielded a comparatively lower 22.46% annualized return.


UOPIX

YTD

-4.36%

1M

27.24%

6M

-6.00%

1Y

19.86%

5Y*

27.67%

10Y*

25.54%

DXQLX

YTD

-1.20%

1M

23.69%

6M

-2.16%

1Y

22.73%

5Y*

22.61%

10Y*

22.46%

*Annualized

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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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UOPIX
The Risk-Adjusted Performance Rank of UOPIX is 5151
Overall Rank
The Sharpe Ratio Rank of UOPIX is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of UOPIX is 5454
Sortino Ratio Rank
The Omega Ratio Rank of UOPIX is 5555
Omega Ratio Rank
The Calmar Ratio Rank of UOPIX is 5959
Calmar Ratio Rank
The Martin Ratio Rank of UOPIX is 4545
Martin Ratio Rank

DXQLX
The Risk-Adjusted Performance Rank of DXQLX is 5959
Overall Rank
The Sharpe Ratio Rank of DXQLX is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of DXQLX is 6262
Sortino Ratio Rank
The Omega Ratio Rank of DXQLX is 6262
Omega Ratio Rank
The Calmar Ratio Rank of DXQLX is 6868
Calmar Ratio Rank
The Martin Ratio Rank of DXQLX is 5454
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current UOPIX Sharpe Ratio is 0.39, which is comparable to the DXQLX Sharpe Ratio of 0.50. 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.


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Dividends

UOPIX vs. DXQLX - Dividend Comparison

UOPIX's dividend yield for the trailing twelve months is around 0.43%, less than DXQLX's 0.97% yield.


TTM20242023202220212020
UOPIX
ProFunds UltraNASDAQ-100 Fund
0.43%0.41%0.00%0.00%0.00%0.00%
DXQLX
Direxion Monthly NASDAQ-100 Bull 1.75X Fund
0.97%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.


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Volatility

UOPIX vs. DXQLX - Volatility Comparison

ProFunds UltraNASDAQ-100 Fund (UOPIX) has a higher volatility of 14.98% compared to Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) at 13.35%. 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.


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