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Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX) Sharpe Ratio: 1.81

Mutual Fund · Currency in USD · Last updated Jun 25, 2026

The Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund seeks to deliver twice the monthly return of the NASDAQ-100 Index, employing financial derivatives and other techniques to maintain a constant 2-to-1 exposure ratio to its benchmark.

RMQHX's Sharpe Ratio of 1.81 indicates that for each unit of volatility, it generates 1.81 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 25, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

RMQHX Sharpe Ratio Rank

RMQHX Sharpe Ratio Rank: 47.347
Average

RMQHX ranks above 47.3% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

RMQHX Sharpe Ratio Market Positioning

The chart shows RMQHX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.19 or lower
  • Yellow zone (middle 50%): 1.19 to 2.13
  • Green zone (top 25%): 2.13 or higher
  • Top 1%: 4.04+
  • Median: 1.75 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Rydex Monthly Rebalance NASDAQ-100 2x Strategy H's Sharpe Ratio with other mutual funds in the Leveraged Equities category across multiple time periods, showing how RMQHX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 25, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
UJPIXProFunds UltraJapan Fund3.93
BIPIXProFunds Biotechnology UltraSector Fund3.20
SMPIXProFunds Semiconductor UltraSector Fund Investor Class2.83
PHPIXProFunds Pharmaceuticals UltraSector Fund2.59
RYJSXRydex Japan 2x Strategy Fund2.38
TEPIXProFunds Technology UltraSector Fund2.21
UBPIXProFunds UltraLatin America Fund2.09
DXRLXDirexion Monthly Small Cap Bull 1.75X Fund2.06
UAPIXProFunds UltraSmall Cap Fund2.05
RYRUXRydex Russell 2000 2x Strategy Fund2.03
RMQHXRydex Monthly Rebalance NASDAQ-100 2x Strategy H1.81

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows RMQHX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when RMQHX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does RMQHX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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