UOPIX vs. FXAIX
Compare and contrast key facts about ProFunds UltraNASDAQ-100 Fund (UOPIX) and Fidelity 500 Index Fund (FXAIX).
UOPIX is managed by ProFunds. It was launched on Nov 30, 1997. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UOPIX or FXAIX.
Key characteristics
| UOPIX | FXAIX | |
|---|---|---|
| YTD Return | 44.97% | 27.28% |
| 1Y Return | 68.56% | 37.86% |
| 3Y Return (Ann) | 3.34% | 10.36% |
| 5Y Return (Ann) | 22.46% | 16.05% |
| 10Y Return (Ann) | 23.33% | 13.34% |
| Sharpe Ratio | 2.16 | 3.24 |
| Sortino Ratio | 2.63 | 4.29 |
| Omega Ratio | 1.36 | 1.61 |
| Calmar Ratio | 2.01 | 4.74 |
| Martin Ratio | 9.40 | 21.47 |
| Ulcer Index | 8.10% | 1.86% |
| Daily Std Dev | 35.06% | 12.29% |
| Max Drawdown | -98.91% | -33.79% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between UOPIX and FXAIX 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. FXAIX - Performance Comparison
In the year-to-date period, UOPIX achieves a 44.97% return, which is significantly higher than FXAIX's 27.28% return. Over the past 10 years, UOPIX has outperformed FXAIX with an annualized return of 23.33%, while FXAIX has yielded a comparatively lower 13.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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UOPIX vs. FXAIX - Expense Ratio Comparison
UOPIX has a 1.47% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
UOPIX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraNASDAQ-100 Fund (UOPIX) and Fidelity 500 Index Fund (FXAIX). 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. FXAIX - Dividend Comparison
UOPIX's dividend yield for the trailing twelve months is around 0.40%, less than FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UOPIX ProFunds UltraNASDAQ-100 Fund | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
UOPIX vs. FXAIX - Drawdown Comparison
The maximum UOPIX drawdown since its inception was -98.91%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for UOPIX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
UOPIX vs. FXAIX - Volatility Comparison
ProFunds UltraNASDAQ-100 Fund (UOPIX) has a higher volatility of 10.33% compared to Fidelity 500 Index Fund (FXAIX) at 3.88%. This indicates that UOPIX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.