^DJT vs. FNPIX
Compare and contrast key facts about Dow Jones Transportation Average (^DJT) and ProFunds Financials UltraSector Fund (FNPIX).
FNPIX is managed by ProFunds. It was launched on Jun 18, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DJT or FNPIX.
Key characteristics
| ^DJT | FNPIX | |
|---|---|---|
| YTD Return | -0.19% | 28.77% |
| 1Y Return | -0.37% | 45.75% |
| 3Y Return (Ann) | 2.28% | 6.66% |
| 5Y Return (Ann) | 9.43% | 12.26% |
| 10Y Return (Ann) | 6.57% | 12.00% |
| Sharpe Ratio | 0.01 | 2.35 |
| Daily Std Dev | 17.58% | 19.64% |
| Max Drawdown | -60.92% | -93.14% |
| Current Drawdown | -6.87% | 0.00% |
Correlation
The correlation between ^DJT and FNPIX is 0.73, 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
^DJT vs. FNPIX - Performance Comparison
In the year-to-date period, ^DJT achieves a -0.19% return, which is significantly lower than FNPIX's 28.77% return. Over the past 10 years, ^DJT has underperformed FNPIX with an annualized return of 6.57%, while FNPIX has yielded a comparatively higher 12.00% 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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Risk-Adjusted Performance
^DJT vs. FNPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Transportation Average (^DJT) and ProFunds Financials UltraSector Fund (FNPIX). 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.
Drawdowns
^DJT vs. FNPIX - Drawdown Comparison
The maximum ^DJT drawdown since its inception was -60.92%, smaller than the maximum FNPIX drawdown of -93.14%. Use the drawdown chart below to compare losses from any high point for ^DJT and FNPIX. For additional features, visit the drawdowns tool.
Volatility
^DJT vs. FNPIX - Volatility Comparison
The current volatility for Dow Jones Transportation Average (^DJT) is 5.51%, while ProFunds Financials UltraSector Fund (FNPIX) has a volatility of 9.98%. This indicates that ^DJT experiences smaller price fluctuations and is considered to be less risky than FNPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.