USPIX vs. BKPIX
USPIX (ProFunds UltraShort NASDAQ-100 Fund) and BKPIX (ProFunds Banks UltraSector Fund) are both mutual funds - USPIX is a Inverse Equities fund managed by ProFunds, while BKPIX is a Leveraged Equities fund managed by ProFunds. Over the past 10 years, USPIX returned -38.57%/yr vs 12.18%/yr for BKPIX. Their -0.55 correlation means they have often moved in opposite directions in the past. USPIX charges 1.68%/yr vs 1.71%/yr for BKPIX.
Performance
USPIX vs. BKPIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, USPIX achieves a -22.77% return, which is significantly lower than BKPIX's 20.78% return. Over the past 10 years, USPIX has underperformed BKPIX with an annualized return of -38.57%, while BKPIX has yielded a comparatively higher 12.18% annualized return.
USPIX
- 1D
- -1.21%
- 1M
- 7.06%
- 6M
- -20.05%
- YTD
- -22.77%
- 1Y
- -36.65%
- 3Y*
- -34.99%
- 5Y*
- -29.81%
- 10Y*
- -38.57%
- ALL TIME*
- -35.22%
BKPIX
- 1D
- 0.29%
- 1M
- 1.87%
- 6M
- 10.88%
- YTD
- 20.78%
- 1Y
- 38.42%
- 3Y*
- 26.20%
- 5Y*
- 7.94%
- 10Y*
- 12.18%
- ALL TIME*
- 4.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
USPIX vs. BKPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USPIX ProFunds UltraShort NASDAQ-100 Fund | -22.77% | -35.26% | -38.20% | -57.06% | 61.80% | -46.20% | -70.91% | -50.15% | -9.56% | -44.56% |
BKPIX ProFunds Banks UltraSector Fund | 20.78% | 11.57% | 28.64% | 9.95% | -30.83% | 52.43% | -30.69% | 55.99% | -27.23% | 26.77% |
Correlation
The correlation between USPIX and BKPIX is -0.26, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.26 |
Correlation (3Y) Balances recent behavior with more history. | -0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.46 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.42 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2001 | -0.55 |
Over the past year, the inverse relationship between USPIX and BKPIX has weakened: their correlation has moved from -0.55 to -0.26, meaning they move in opposite directions less often than they have historically.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
USPIX vs. BKPIX — Risk / Return Rank
USPIX
BKPIX
USPIX vs. BKPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraShort NASDAQ-100 Fund (USPIX) and ProFunds Banks UltraSector Fund (BKPIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| USPIX | BKPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.99 | ||
| Sortino ratioReturn per unit of downside risk | -2.86 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.21 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 1.62 | -2.38 |
| Martin ratioReturn relative to average drawdown | -1.39 | 4.06 | -5.45 |
Loading charts...
Drawdowns
USPIX vs. BKPIX - Drawdown Comparison
The maximum USPIX drawdown since its inception was -100.00%, roughly equal to the maximum BKPIX drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for USPIX and BKPIX.
Loading charts...
Drawdown Indicators
| USPIX | BKPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -96.22% | -3.78% |
Max Drawdown (1Y)Largest decline over 1 year | -44.62% | -21.69% | -22.93% |
Max Drawdown (3Y)Largest decline over 3 years | -80.96% | -37.94% | -43.02% |
Max Drawdown (5Y)Largest decline over 5 years | -89.53% | -61.71% | -27.82% |
Max Drawdown (10Y)Largest decline over 10 years | -99.34% | -66.21% | -33.13% |
Current DrawdownCurrent decline from peak | -100.00% | -38.58% | -61.42% |
Average DrawdownAverage peak-to-trough decline | -96.45% | -55.98% | -40.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.65% | 8.63% | +16.02% |
Volatility
USPIX vs. BKPIX - Volatility Comparison
ProFunds UltraShort NASDAQ-100 Fund (USPIX) has a higher volatility of 13.72% compared to ProFunds Banks UltraSector Fund (BKPIX) at 7.75%. This indicates that USPIX's price experiences larger fluctuations and is considered to be riskier than BKPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| USPIX | BKPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.72% | 7.75% | +5.97% |
Volatility (6M)Calculated over the trailing 6-month period | 31.91% | 21.67% | +10.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.66% | 31.83% | +6.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.15% | 40.45% | +5.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.75% | 43.24% | +1.51% |
USPIX vs. BKPIX - Expense Ratio Comparison
USPIX has a 1.68% expense ratio, which is lower than BKPIX's 1.71% expense ratio.
Dividends
USPIX vs. BKPIX - Dividend Comparison
USPIX's dividend yield for the trailing twelve months is around 3.50%, more than BKPIX's 1.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BKPIX ProFunds Banks UltraSector Fund | 1.17% | 1.42% | 0.75% | 1.64% | 0.29% | 0.00% | 0.00% | 0.38% | 1.53% |
USPIX ProFunds UltraShort NASDAQ-100 Fund | 3.50% | 2.71% | 0.00% | 5.92% | 0.00% | 0.00% | 0.07% | 0.36% | 0.00% |
Frequently Asked Questions
USPIX and BKPIX have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USPIX has higher volatility (13.72%) compared to BKPIX (7.75%). In terms of maximum drawdown, USPIX dropped -100.00% vs BKPIX's -96.22%.
BKPIX currently has the higher Sharpe Ratio (1.10 vs -0.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for USPIX and BKPIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer