UWPIX vs. BTCFX

Last updated Apr 1, 2026

Compare and contrast key facts about ProFunds UltraShort Dow 30 Fund (UWPIX) and Bitcoin ProFund Investor (BTCFX).

UWPIX is managed by ProFunds. It was launched on Jul 21, 2004. BTCFX is managed by ProFunds. It was launched on Jul 28, 2021.

Performance

UWPIX vs. BTCFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds UltraShort Dow 30 Fund (UWPIX) and Bitcoin ProFund Investor (BTCFX). The values are adjusted to include any dividend payments, if applicable.

UWPIX vs. BTCFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
UWPIX ProFunds UltraShort Dow 30 Fund	13.09%	-23.48%	-20.75%	-18.56%	5.91%	-10.30%
BTCFX Bitcoin ProFund Investor	-24.74%	-11.83%	102.93%	133.31%	-64.04%	-3.69%

Returns By Period

In the year-to-date period, UWPIX achieves a 13.09% return, which is significantly higher than BTCFX's -24.74% return.

UWPIX

• 1D: -0.20%
• 1M: 17.19%
• YTD: 13.09%
• 6M: 6.29%
• 1Y: -16.23%
• 3Y*: -17.53%
• 5Y*: -14.59%
• 10Y*: -34.09%

BTCFX

• 1D: 0.68%
• 1M: 0.89%
• YTD: -24.74%
• 6M: -43.37%
• 1Y: -23.48%
• 3Y*: 22.62%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

UWPIX vs. BTCFX - Expense Ratio Comparison

UWPIX has a 1.78% expense ratio, which is higher than BTCFX's 1.41% expense ratio.

UWPIX

ProFunds UltraShort Dow 30 Fund

BTCFX

Bitcoin ProFund Investor

Return for Risk

UWPIX vs. BTCFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UWPIX

UWPIX Risk / Return Rank: 2
UWPIX Sharpe Ratio Rank: 1
UWPIX Sortino Ratio Rank: 2
UWPIX Omega Ratio Rank: 1
UWPIX Calmar Ratio Rank: 3
UWPIX Martin Ratio Rank: 4

BTCFX

BTCFX Risk / Return Rank: 2
BTCFX Sharpe Ratio Rank: 1
BTCFX Sortino Ratio Rank: 2
BTCFX Omega Ratio Rank: 2
BTCFX Calmar Ratio Rank: 1
BTCFX Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UWPIX vs. BTCFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraShort Dow 30 Fund (UWPIX) and Bitcoin ProFund Investor (BTCFX). 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.

	UWPIX	BTCFX	Difference
Sharpe ratio Return per unit of total volatility	-0.52	-0.54	+0.02
Sortino ratio Return per unit of downside risk	-0.54	-0.54	0.00
Omega ratio Gain probability vs. loss probability	0.92	0.94	-0.01
Calmar ratio Return relative to maximum drawdown	-0.34	-0.55	+0.21
Martin ratio Return relative to average drawdown	-0.45	-1.17	+0.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UWPIX vs. BTCFX - Sharpe Ratio Comparison

The current UWPIX Sharpe Ratio is -0.52, which is comparable to the BTCFX Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of UWPIX and BTCFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	UWPIX	BTCFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.52	-0.54	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.49	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	0.03	-0.07

Correlation

The correlation between UWPIX and BTCFX is -0.35. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

UWPIX vs. BTCFX - Dividend Comparison

UWPIX's dividend yield for the trailing twelve months is around 3.99%, less than BTCFX's 50.55% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
UWPIX ProFunds UltraShort Dow 30 Fund	3.99%	4.51%	0.00%	2.28%	0.00%	0.00%	0.00%	0.35%
BTCFX Bitcoin ProFund Investor	50.55%	44.62%	24.28%	10.95%	0.00%	0.00%	0.00%	0.00%

Drawdowns

UWPIX vs. BTCFX - Drawdown Comparison

The maximum UWPIX drawdown since its inception was -99.94%, which is greater than BTCFX's maximum drawdown of -77.89%. Use the drawdown chart below to compare losses from any high point for UWPIX and BTCFX.

Drawdown Indicators

	UWPIX	BTCFX	Difference
Max Drawdown Largest peak-to-trough decline	-99.94%	-77.89%	-22.05%
Max Drawdown (1Y) Largest decline over 1 year	-44.72%	-50.35%	+5.63%
Max Drawdown (5Y) Largest decline over 5 years	-66.61%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-98.80%	—	—
Current Drawdown Current decline from peak	-99.93%	-48.39%	-51.54%
Average Drawdown Average peak-to-trough decline	-77.55%	-35.74%	-41.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.81%	23.55%	+10.26%

Volatility

UWPIX vs. BTCFX - Volatility Comparison

The current volatility for ProFunds UltraShort Dow 30 Fund (UWPIX) is 7.90%, while Bitcoin ProFund Investor (BTCFX) has a volatility of 14.09%. This indicates that UWPIX experiences smaller price fluctuations and is considered to be less risky than BTCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UWPIX	BTCFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.90%	14.09%	-6.19%
Volatility (6M) Calculated over the trailing 6-month period	17.82%	37.30%	-19.48%
Volatility (1Y) Calculated over the trailing 1-year period	34.23%	45.81%	-11.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.76%	56.08%	-26.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.18%	56.08%	-13.90%