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

Correlation

The correlation between UOPIX and FSCSX is 0.82, 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. FSCSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds UltraNASDAQ-100 Fund (UOPIX) and Fidelity Select Software & IT Services Portfolio (FSCSX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

UOPIX:

0.17

FSCSX:

-0.05

Sortino Ratio

UOPIX:

0.60

FSCSX:

0.07

Omega Ratio

UOPIX:

1.08

FSCSX:

1.01

Calmar Ratio

UOPIX:

0.21

FSCSX:

-0.06

Martin Ratio

UOPIX:

0.61

FSCSX:

-0.16

Ulcer Index

UOPIX:

14.59%

FSCSX:

12.21%

Daily Std Dev

UOPIX:

50.44%

FSCSX:

26.14%

Max Drawdown

UOPIX:

-98.91%

FSCSX:

-58.41%

Current Drawdown

UOPIX:

-22.67%

FSCSX:

-20.70%

Returns By Period

In the year-to-date period, UOPIX achieves a -14.09% return, which is significantly lower than FSCSX's -3.76% return. Over the past 10 years, UOPIX has outperformed FSCSX with an annualized return of 24.57%, while FSCSX has yielded a comparatively lower 8.71% annualized return.


UOPIX

YTD

-14.09%

1M

18.54%

6M

-16.00%

1Y

8.05%

5Y*

23.80%

10Y*

24.57%

FSCSX

YTD

-3.76%

1M

13.88%

6M

-10.57%

1Y

-1.50%

5Y*

4.72%

10Y*

8.71%

*Annualized

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UOPIX vs. FSCSX - Expense Ratio Comparison

UOPIX has a 1.47% expense ratio, which is higher than FSCSX's 0.67% expense ratio.


Risk-Adjusted Performance

UOPIX vs. FSCSX — 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 4040
Overall Rank
The Sharpe Ratio Rank of UOPIX is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of UOPIX is 4646
Sortino Ratio Rank
The Omega Ratio Rank of UOPIX is 4545
Omega Ratio Rank
The Calmar Ratio Rank of UOPIX is 4040
Calmar Ratio Rank
The Martin Ratio Rank of UOPIX is 3535
Martin Ratio Rank

FSCSX
The Risk-Adjusted Performance Rank of FSCSX is 1919
Overall Rank
The Sharpe Ratio Rank of FSCSX is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of FSCSX is 2020
Sortino Ratio Rank
The Omega Ratio Rank of FSCSX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of FSCSX is 1818
Calmar Ratio Rank
The Martin Ratio Rank of FSCSX is 1818
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. FSCSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraNASDAQ-100 Fund (UOPIX) and Fidelity Select Software & IT Services Portfolio (FSCSX). 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 0.17, which is higher than the FSCSX Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of UOPIX and FSCSX, 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. FSCSX - Dividend Comparison

UOPIX's dividend yield for the trailing twelve months is around 0.48%, less than FSCSX's 1.62% yield.


TTM20242023202220212020201920182017201620152014
UOPIX
ProFunds UltraNASDAQ-100 Fund
0.48%0.41%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FSCSX
Fidelity Select Software & IT Services Portfolio
1.62%0.00%0.00%0.00%0.00%0.55%0.23%0.04%0.00%0.03%2.35%10.43%

Drawdowns

UOPIX vs. FSCSX - Drawdown Comparison

The maximum UOPIX drawdown since its inception was -98.91%, which is greater than FSCSX's maximum drawdown of -58.41%. Use the drawdown chart below to compare losses from any high point for UOPIX and FSCSX. For additional features, visit the drawdowns tool.


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Volatility

UOPIX vs. FSCSX - Volatility Comparison

ProFunds UltraNASDAQ-100 Fund (UOPIX) has a higher volatility of 16.62% compared to Fidelity Select Software & IT Services Portfolio (FSCSX) at 8.91%. This indicates that UOPIX's price experiences larger fluctuations and is considered to be riskier than FSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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