UUPIX vs. BMPIX
UUPIX (ProFunds UltraEmerging Markets Fund) and BMPIX (ProFunds Basic Materials UltraSector Fund) are both Leveraged Equities funds from ProFunds. Over the past 10 years, UUPIX returned 10.52%/yr vs 10.91%/yr for BMPIX. A 0.71 correlation means they provide meaningful diversification when combined. UUPIX charges 1.92%/yr vs 1.89%/yr for BMPIX.
Performance
UUPIX vs. BMPIX - Performance Comparison
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Returns By Period
In the year-to-date period, UUPIX achieves a 4.04% return, which is significantly lower than BMPIX's 19.90% return. Both investments have delivered pretty close results over the past 10 years, with UUPIX having a 10.52% annualized return and BMPIX not far ahead at 10.91%.
UUPIX
- 1D
- 1.30%
- 1M
- -0.88%
- YTD
- 4.04%
- 6M
- 3.34%
- 1Y
- 42.93%
- 3Y*
- 27.72%
- 5Y*
- -0.66%
- 10Y*
- 10.52%
BMPIX
- 1D
- 0.02%
- 1M
- 4.12%
- YTD
- 19.90%
- 6M
- 18.12%
- 1Y
- 26.00%
- 3Y*
- 10.87%
- 5Y*
- 6.52%
- 10Y*
- 10.91%
UUPIX vs. BMPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UUPIX ProFunds UltraEmerging Markets Fund | 4.04% | 70.53% | 6.99% | 22.60% | -37.35% | -36.21% | 43.24% | 46.76% | -31.83% | 75.03% |
BMPIX ProFunds Basic Materials UltraSector Fund | 19.90% | 9.09% | -5.35% | 15.30% | -16.22% | 38.93% | 18.27% | 25.13% | -26.81% | 34.96% |
Correlation
The correlation between UUPIX and BMPIX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2006 | 0.71 |
Over the past year, the correlation between UUPIX and BMPIX has dropped to 0.47 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
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Return for Risk
UUPIX vs. BMPIX — Risk / Return Rank
UUPIX
BMPIX
UUPIX vs. BMPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraEmerging Markets Fund (UUPIX) and ProFunds Basic Materials UltraSector Fund (BMPIX). 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.
| UUPIX | BMPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.19 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 1.53 | -0.04 |
| Martin ratioReturn relative to average drawdown | 4.01 | 4.23 | -0.22 |
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Drawdowns
UUPIX vs. BMPIX - Drawdown Comparison
The maximum UUPIX drawdown since its inception was -93.82%, which is greater than BMPIX's maximum drawdown of -84.22%. Use the drawdown chart below to compare losses from any high point for UUPIX and BMPIX.
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Drawdown Indicators
| UUPIX | BMPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.82% | -84.22% | -9.60% |
Max Drawdown (1Y)Largest decline over 1 year | -29.91% | -18.38% | -11.53% |
Max Drawdown (3Y)Largest decline over 3 years | -37.01% | -34.54% | -2.47% |
Max Drawdown (5Y)Largest decline over 5 years | -71.31% | -38.50% | -32.81% |
Max Drawdown (10Y)Largest decline over 10 years | -78.32% | -61.41% | -16.91% |
Current DrawdownCurrent decline from peak | -74.09% | -6.20% | -67.89% |
Average DrawdownAverage peak-to-trough decline | -75.93% | -24.08% | -51.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.16% | 6.65% | +4.51% |
Volatility
UUPIX vs. BMPIX - Volatility Comparison
ProFunds UltraEmerging Markets Fund (UUPIX) has a higher volatility of 14.57% compared to ProFunds Basic Materials UltraSector Fund (BMPIX) at 9.01%. This indicates that UUPIX's price experiences larger fluctuations and is considered to be riskier than BMPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UUPIX | BMPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.57% | 9.01% | +5.56% |
Volatility (6M)Calculated over the trailing 6-month period | 34.65% | 20.33% | +14.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.80% | 26.22% | +16.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.27% | 29.65% | +18.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.53% | 32.18% | +14.35% |
UUPIX vs. BMPIX - Expense Ratio Comparison
UUPIX has a 1.92% expense ratio, which is higher than BMPIX's 1.89% expense ratio.
Dividends
UUPIX vs. BMPIX - Dividend Comparison
UUPIX's dividend yield for the trailing twelve months is around 2.44%, more than BMPIX's 1.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BMPIX ProFunds Basic Materials UltraSector Fund | 1.51% | 1.81% | 0.94% | 0.96% | 0.00% | 0.00% | 0.28% | 0.00% | 0.00% | 0.00% | 0.16% |
UUPIX ProFunds UltraEmerging Markets Fund | 2.44% | 2.54% | 1.65% | 1.77% | 1.05% | 0.00% | 0.00% | 0.00% | 0.64% | 0.16% | 0.00% |
Frequently Asked Questions
UUPIX and BMPIX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UUPIX has higher volatility (14.57%) compared to BMPIX (9.01%). In terms of maximum drawdown, UUPIX dropped -93.82% vs BMPIX's -84.22%.
BMPIX currently has the higher Sharpe Ratio (1.08 vs 1.05), 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.
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