Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) belongs to the Inverse Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RYAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYAIX
RYAIX charges 1.55% annually. There are 2 mutual funds in the Inverse Equities category with lower expense ratios, going as low as 0.64%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| PIMCO StocksPLUS Short Fund | 0.64% | — | Jul 2003 | RYAIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | 1.49% | — | Jan 1994 | RYAIX vs RYURX | |
| Grizzly Short Fund | 1.61% | — | Jun 2000 | RYAIX vs GRZZX | |
| ProFunds Bear Fund | 1.64% | — | Dec 1997 | RYAIX vs BRPIX | |
| ProFunds UltraShort NASDAQ-100 Fund | 1.68% | — | Jun 1998 | RYAIX vs USPIX |
Best Risk-Adjusted Alternatives to RYAIX
RYAIX has a PortfoliosLab risk / return rank of 1. There are 4 mutual funds in the Inverse Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 94 | — | Oct 1985 | RYAIX vs DRCVX | |
| ProFunds UltraShort China | 7 | — | Feb 2008 | RYAIX vs UHPIX | |
| Grizzly Short Fund | 2 | — | Jun 2000 | RYAIX vs GRZZX | |
| PIMCO StocksPLUS Short Fund | 1 | — | Jul 2003 | RYAIX vs PSTIX | |
| Rydex Inverse Emerging Markets 2x Strategy Fund | 1 | — | Oct 2010 | RYAIX vs RYWWX |
Top Performing RYAIX Alternatives (YTD)
RYAIX is at -9.23% YTD. There are 7 mutual funds in the Inverse Equities category with higher YTD returns, going as high as 25.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraShort China | 25.12% | — | Feb 2008 | RYAIX vs UHPIX | |
| Comstock Capital Value Fund | 3.17% | — | Oct 1985 | RYAIX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | -5.26% | — | Jul 2003 | RYAIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | -6.06% | — | Jan 1994 | RYAIX vs RYURX | |
| Federated Hermes Prudent Bear Fd | -6.07% | — | Dec 1995 | RYAIX vs BEARX |
Lowest Volatility Alternatives to RYAIX
RYAIX has 19.55% 1-year volatility. There are 10 mutual funds in the Inverse Equities category with lower 1-year volatility, going as low as 2.81%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 2.81% | — | Oct 1985 | RYAIX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | 12.47% | — | Jul 2003 | RYAIX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | 12.78% | — | Jan 1994 | RYAIX vs RYURX | |
| Federated Hermes Prudent Bear Fd | 12.86% | — | Dec 1995 | RYAIX vs BEARX | |
| ProFunds Bear Fund | 12.90% | — | Dec 1997 | RYAIX vs BRPIX |
Lowest Drawdown Alternatives to RYAIX
RYAIX has a 1-year max drawdown of -25.47%. There are 8 mutual funds in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -0.89%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | -0.89% | — | Oct 1985 | RYAIX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | -15.05% | — | Jul 2003 | RYAIX vs PSTIX | |
| Grizzly Short Fund | -16.03% | — | Jun 2000 | RYAIX vs GRZZX | |
| Rydex Inverse S&P 500 Strategy Fund | -16.08% | — | Jan 1994 | RYAIX vs RYURX | |
| ProFunds Bear Fund | -16.15% | — | Dec 1997 | RYAIX vs BRPIX |
Other Mutual Funds from Rydex Funds
The 10 most viewed Rydex Funds mutual funds shown here include RYSIX, RMQAX, RYVYX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Rydex Electronics Fund | Technology Equities | 84 | 54.19% | — | Mar 1998 | RYAIX vs RYSIX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | Leveraged Equities | 28 | 16.20% | — | Nov 2014 | RYAIX vs RMQAX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 27 | 17.04% | — | May 2000 | RYAIX vs RYVYX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 38 | 13.96% | — | May 2000 | RYAIX vs RYTNX | |
| Rydex S&P 500 Pure Growth Fund | Large Cap Growth Equities | 21 | 18.58% | — | Feb 2004 | RYAIX vs RYGRX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 52 | 8.60% | — | Dec 2015 | RYAIX vs RYDAX | |
| Rydex Precious Metals Fund | Precious Metals | 31 | -8.85% | — | Nov 1993 | RYAIX vs RYPMX | |
| Rydex Nova Fund | Leveraged Equities | 41 | 11.40% | — | Jul 1993 | RYAIX vs RYNVX | |
| Rydex Technology Fund | Technology Equities | 52 | 23.01% | — | Apr 1998 | RYAIX vs RYTIX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 23 | 12.35% | — | Feb 2004 | RYAIX vs RYCKX |
Often Compared With RYAIX
Investors most often compare RYAIX with OTPIX, SOPIX, QQQ. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare RYAIX with Any Fund or Stock
Compare RYAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYAIX with funds that move differently
Rydex Inverse NASDAQ-100 Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYAIX.
Explore RYAIX Diversifiers