Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX) 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 RMQHX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RMQHX
RMQHX charges 1.27% annually. There are 2 mutual funds in the Leveraged Equities category with lower expense ratios, going as low as 1.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly NASDAQ-100 Bull 1.25X Fund | 1.19% | — | Mar 2016 | RMQHX vs DXNLX | |
| Rydex Nova Fund | 1.23% | — | Jul 1993 | RMQHX vs RYNVX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 1.32% | — | Nov 2014 | RMQHX vs RMQAX | |
| Direxion Monthly S&P 500 Bull 1.75X Fund | 1.35% | — | May 2006 | RMQHX vs DXSLX | |
| Direxion Monthly Small Cap Bull 1.75X Fund | 1.35% | — | Feb 1999 | RMQHX vs DXRLX |
Best Risk-Adjusted Alternatives to RMQHX
RMQHX has a PortfoliosLab risk / return rank of 40. There are 19 mutual funds in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Biotechnology UltraSector Fund | 93 | — | Jun 2000 | RMQHX vs BIPIX | |
| ProFunds UltraJapan Fund | 93 | — | Feb 2000 | RMQHX vs UJPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | 91 | — | Jun 2000 | RMQHX vs PHPIX | |
| ProFunds UltraLatin America Fund | 74 | — | Oct 2007 | RMQHX vs UBPIX | |
| Rydex Japan 2x Strategy Fund | 73 | — | Feb 2008 | RMQHX vs RYJSX |
Top Performing RMQHX Alternatives (YTD)
RMQHX is at 26.83% YTD. There are 14 mutual funds in the Leveraged Equities category with higher YTD returns, going as high as 69.69%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 69.69% | — | Feb 2000 | RMQHX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 54.19% | — | Jun 2000 | RMQHX vs SMPIX | |
| Rydex Japan 2x Strategy Fund | 51.69% | — | Feb 2008 | RMQHX vs RYJSX | |
| ProFunds UltraSector Oil & Gas Fund | 41.01% | — | Jun 2000 | RMQHX vs ENPIX | |
| ProFunds Biotechnology UltraSector Fund | 38.84% | — | Jun 2000 | RMQHX vs BIPIX |
Lowest Volatility Alternatives to RMQHX
RMQHX has 37.39% 1-year volatility. There are 31 mutual funds in the Leveraged Equities category with lower 1-year volatility, going as low as 12.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | 12.56% | — | Nov 1997 | RMQHX vs BLPIX | |
| Rydex Nova Fund | 18.88% | — | Jul 1993 | RMQHX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | 20.07% | — | Jan 2004 | RMQHX vs CNPIX | |
| Rydex Europe 1.25x Strategy Fund | 20.25% | — | May 2000 | RMQHX vs RYEUX | |
| Communication Services UltraSector ProFund | 20.64% | — | Jun 2000 | RMQHX vs WCPIX |
Lowest Drawdown Alternatives to RMQHX
RMQHX has a 1-year max drawdown of -24.97%. There are 34 mutual funds in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -9.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | -9.21% | — | Nov 1997 | RMQHX vs BLPIX | |
| ProFunds Real Estate UltraSector Fund | -12.68% | — | Jun 2000 | RMQHX vs REPIX | |
| Rydex Mid-Cap 1.5x Strategy Fund | -13.50% | — | Aug 2001 | RMQHX vs RYMDX | |
| Rydex Nova Fund | -13.84% | — | Jul 1993 | RMQHX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | -14.47% | — | Jan 2004 | RMQHX vs CNPIX |
Other Mutual Funds from Guggenheim
The 10 most viewed Guggenheim mutual funds shown here include GOF, RYOCX, GIBIX and span 11 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Guggenheim Strategic Opportunities Fund | Multisector Bonds, Diversified Portfolio, Actively Managed | 1 | -7.25% | — | Jul 2007 | RMQHX vs GOF | |
| Rydex NASDAQ-100 Fund Investor Class | Large Cap Growth Equities | 46 | 15.55% | — | Feb 1994 | RMQHX vs RYOCX | |
| Guggenheim Total Return Bond Fund | Intermediate Core-Plus Bond | 27 | -0.06% | — | Nov 2011 | RMQHX vs GIBIX | |
| Guggenheim Limited Duration Fund | Short-Term Bond | 91 | 1.00% | — | Dec 2013 | RMQHX vs GILHX | |
| Guggenheim Macro Opportunities Fund | Nontraditional Bonds | 77 | 0.96% | — | Nov 2011 | RMQHX vs GIOIX | |
| Guggenheim High Yield Fund | High Yield Bonds | 42 | 1.09% | — | Aug 1996 | RMQHX vs SIHAX | |
| Guggenheim StylePlus - Large Core Fund | Large Cap Blend Equities | 57 | 11.78% | — | Sep 1962 | RMQHX vs SECEX | |
| Guggenheim Managed Futures Strategy Fund | Systematic Trend | 55 | 6.81% | — | Mar 2007 | RMQHX vs RYMTX | |
| Guggenheim Directional Allocation Fund | Large Cap Growth Equities | 60 | 9.79% | — | Jun 2012 | RMQHX vs TVRIX | |
| Guggenheim Core Bond Fund Institutional Class | Total Bond Market | 25 | -0.11% | — | — | RMQHX vs GIUSX |
Often Compared With RMQHX
Investors most often compare RMQHX with UTPIX, FNPIX, TEPIX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare RMQHX with Any Fund or Stock
Compare RMQHX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RMQHX with funds that move differently
Rydex Monthly Rebalance NASDAQ-100 2x Strategy H alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RMQHX.
Explore RMQHX Diversifiers