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Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 1, 2026
Documentation

The investment seeks to provide investment results that match, before fees and expenses, the inverse (opposite) of the performance of the NASDAQ-100 Index® on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities included in the underlying index and investing to a significant extent in derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform opposite to the securities of companies included in the underlying index. The fund is non-diversified.

Looking to diversify beyond RYAIX? The mutual funds below have historically moved differently from RYAIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for RYAIX

17 mutual funds have low correlation with RYAIX (below 0.3), 16 of which are negatively correlated. The least correlated is Rydex Technology Fund (RYTIX) (Technology Equities) with a 1Y correlation of -0.94, roughly unchanged from -0.95 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
RYTIX
Rydex Technology Fund-0.94-0.94-0.95
52
Technology EquitiesRYAIX vs RYTIX
RYSIX
Rydex Electronics Fund-0.87-0.87-0.88
84
Technology EquitiesRYAIX vs RYSIX
RYJSX
Rydex Japan 2x Strategy Fund-0.77-0.68-0.68
62
Leveraged EquitiesRYAIX vs RYJSX
RYRUX
Rydex Russell 2000 2x Strategy Fund-0.71-0.67-0.73
65
Leveraged EquitiesRYAIX vs RYRUX
RYRRX
Rydex Russell 2000 Fund-0.71-0.67-0.73
72
Small Cap Blend EquitiesRYAIX vs RYRRX
See all 17 diversifiers for RYAIX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for RYAIX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.66, up from -0.78 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
NVDA
NVIDIA Corporation-0.66-0.71-0.78
56
Technology
BRK-B
Berkshire Hathaway Inc.0.12-0.14-0.33
61
Financial Services

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Diversification Analysis

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