USPIX vs. BTC-USD
USPIX (ProFunds UltraShort NASDAQ-100 Fund) is Inverse Equities fund managed by ProFunds, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, USPIX returned -40.33%/yr vs 57.78%/yr for BTC-USD. At a correlation of -0.13, they often move in opposite directions.
Performance
USPIX vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, USPIX achieves a -32.64% return, which is significantly lower than BTC-USD's -26.78% return. Over the past 10 years, USPIX has underperformed BTC-USD with an annualized return of -40.33%, while BTC-USD has yielded a comparatively higher 57.78% annualized return.
USPIX
- 1D
- -4.97%
- 1M
- -7.35%
- YTD
- -32.64%
- 6M
- -31.38%
- 1Y
- -49.70%
- 3Y*
- -39.40%
- 5Y*
- -33.49%
- 10Y*
- -40.33%
BTC-USD
- 1D
- 1.32%
- 1M
- -16.41%
- YTD
- -26.78%
- 6M
- -27.65%
- 1Y
- -36.56%
- 3Y*
- 27.78%
- 5Y*
- 13.72%
- 10Y*
- 57.78%
USPIX vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USPIX ProFunds UltraShort NASDAQ-100 Fund | -32.64% | -35.26% | -38.20% | -57.06% | 61.80% | -46.20% | -70.91% | -50.15% | -9.56% | -44.56% |
BTC-USD Bitcoin | -26.78% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between USPIX and BTC-USD is -0.37, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.18 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2012 | -0.13 |
Over the past year, the inverse relationship between USPIX and BTC-USD has strengthened: their correlation has moved from -0.13 to -0.37, meaning they now move in opposite directions more often than their long-term average.
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. BTC-USD — Risk / Return Rank
USPIX
BTC-USD
USPIX vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraShort NASDAQ-100 Fund (USPIX) and Bitcoin (BTC-USD). 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 | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -1.23 | ||
| Omega ratioGain probability vs. loss probability | 0.75 | 0.88 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | -0.71 | -0.27 |
| Martin ratioReturn relative to average drawdown | -1.85 | -1.20 | -0.64 |
Loading charts...
Drawdowns
USPIX vs. BTC-USD - Drawdown Comparison
The maximum USPIX drawdown since its inception was -100.00%, which is greater than BTC-USD's maximum drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for USPIX and BTC-USD.
Loading charts...
Drawdown Indicators
| USPIX | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -85.30% | -14.70% |
Max Drawdown (1Y)Largest decline over 1 year | -48.95% | -51.21% | +2.26% |
Max Drawdown (3Y)Largest decline over 3 years | -80.96% | -51.21% | -29.75% |
Max Drawdown (5Y)Largest decline over 5 years | -89.53% | -76.67% | -12.86% |
Max Drawdown (10Y)Largest decline over 10 years | -99.48% | -83.80% | -15.68% |
Current DrawdownCurrent decline from peak | -100.00% | -48.63% | -51.37% |
Average DrawdownAverage peak-to-trough decline | -96.43% | -42.41% | -54.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.67% | 31.17% | -4.50% |
Volatility
USPIX vs. BTC-USD - Volatility Comparison
ProFunds UltraShort NASDAQ-100 Fund (USPIX) has a higher volatility of 16.71% compared to Bitcoin (BTC-USD) at 12.27%. This indicates that USPIX's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| USPIX | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.71% | 12.27% | +4.44% |
Volatility (6M)Calculated over the trailing 6-month period | 28.63% | 34.57% | -5.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.34% | 35.70% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.65% | 44.28% | +1.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.61% | 56.43% | -11.82% |
Frequently Asked Questions
USPIX and BTC-USD have a correlation of -0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USPIX has higher volatility (16.71%) compared to BTC-USD (12.27%). In terms of maximum drawdown, USPIX dropped -100.00% vs BTC-USD's -85.30%.
BTC-USD currently has the higher Sharpe Ratio (-0.85 vs -1.40), 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 BTC-USD
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