Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) Alternatives
Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) belongs to the Leveraged Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RMQAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to RMQAX
RMQAX charges 1.32% annually. Among mutual funds in the Leveraged Equities category, these options have the lowest expense ratios among RMQAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Direxion Monthly NASDAQ-100 Bull 1.25X Fund | 1.19% | Mar 31, 2016 | RMQAX vs DXNLX | |
| Rydex Nova Fund | 1.23% | Jul 11, 1993 | RMQAX vs RYNVX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | 1.27% | Nov 28, 2014 | RMQAX vs RMQHX | |
| Direxion Monthly S&P 500 Bull 1.75X Fund | 1.35% | May 1, 2006 | RMQAX vs DXSLX | |
| Direxion Monthly Small Cap Bull 1.75X Fund | 1.35% | Feb 22, 1999 | RMQAX vs DXRLX |
Best Risk-Adjusted Alternatives to RMQAX
Among mutual funds in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| ProFunds UltraLatin America Fund | 93 | Oct 15, 2007 | RMQAX vs UBPIX | |
| ProFunds Precious Metals UltraSector Fund | 91 | Jun 2, 2002 | RMQAX vs PMPIX | |
| ProFunds UltraJapan Fund | 87 | Feb 6, 2000 | RMQAX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund | 86 | Jun 18, 2000 | RMQAX vs SMPIX | |
| ProFunds Biotechnology UltraSector Fund | 76 | Jun 18, 2000 | RMQAX vs BIPIX |
Top Performing RMQAX Alternatives (YTD)
RMQAX alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| ProFunds UltraSector Oil & Gas Fund | 62.19% | Jun 18, 2000 | RMQAX vs ENPIX | |
| ProFunds UltraLatin America Fund | 33.79% | Oct 15, 2007 | RMQAX vs UBPIX | |
| ProFunds Basic Materials UltraSector Fund | 11.87% | Sep 3, 2001 | RMQAX vs BMPIX | |
| ProFunds Utilities UltraSector Fund | 11.17% | Jul 25, 2000 | RMQAX vs UTPIX | |
| ProFunds Consumer Goods UltraSector Fund | 7.61% | Jan 29, 2004 | RMQAX vs CNPIX |
Lowest Volatility Alternatives to RMQAX
RMQAX alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| ProFunds Bull Investor Fund | 18.09% | Nov 30, 1997 | RMQAX vs BLPIX | |
| ProFunds Consumer Goods UltraSector Fund | 20.72% | Jan 29, 2004 | RMQAX vs CNPIX | |
| Rydex Europe 1.25x Strategy Fund | 21.55% | May 7, 2000 | RMQAX vs RYEUX | |
| ProFunds Utilities UltraSector Fund | 23.99% | Jul 25, 2000 | RMQAX vs UTPIX | |
| ProFunds Real Estate UltraSector Fund | 24.55% | Jun 18, 2000 | RMQAX vs REPIX |
Lowest Drawdown Alternatives to RMQAX
RMQAX alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| ProFunds Bull Investor Fund | -12.15% | Nov 30, 1997 | RMQAX vs BLPIX | |
| ProFunds Utilities UltraSector Fund | -14.45% | Jul 25, 2000 | RMQAX vs UTPIX | |
| ProFunds Consumer Goods UltraSector Fund | -14.46% | Jan 29, 2004 | RMQAX vs CNPIX | |
| Rydex Europe 1.25x Strategy Fund | -15.24% | May 7, 2000 | RMQAX vs RYEUX | |
| Direxion Monthly NASDAQ-100 Bull 1.25X Fund | -15.93% | Mar 31, 2016 | RMQAX vs DXNLX |
Other Mutual Funds from Rydex Funds
Most popular Rydex Funds mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities, Leveraged | 31 | -18.97% | May 23, 2000 | RMQAX vs RYVYX | |
| Rydex Electronics Fund | Technology Equities | 91 | 1.62% | Mar 31, 1998 | RMQAX vs RYSIX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities, Leveraged | 25 | -15.39% | May 18, 2000 | RMQAX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 21 | -5.94% | Dec 1, 2015 | RMQAX vs RYDAX | |
| Rydex Precious Metals Fund | Precious Metals | 90 | 1.40% | Nov 30, 1993 | RMQAX vs RYPMX | |
| Rydex Russell 2000 Fund | Small Cap Blend Equities | 40 | -3.06% | May 31, 2006 | RMQAX vs RYRRX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities, Leveraged | 2 | 10.70% | Sep 2, 1998 | RMQAX vs RYAIX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 44 | 0.34% | Feb 20, 2004 | RMQAX vs RYCKX | |
| Rydex Government Long Bond 1.2x Strategy Fund | Leveraged Bonds, Leveraged | 5 | -0.94% | Jan 2, 1994 | RMQAX vs RYGBX | |
| Rydex Technology Fund | Technology Equities | 50 | -10.83% | Apr 13, 1998 | RMQAX vs RYTIX |
Often Compared With RMQAX
What investors most often compare with RMQAX, based on PortfoliosLab usage data.
Compare RMQAX with Any Fund or Stock
Compare RMQAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.