- ISIN
- US78355E8093
- CUSIP
- 78355E809
- Issuer
- Rydex Funds
- Inception Date
- Feb 20, 2004
- Category
- REIT
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Real Estate
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
RYCRX Performance Chart
Rydex Real Estate Fund (RYCRX) is up 7.2% since the beginning of the year. RYCRX is currently trading at $34 per share. Investors who bought $1,000 worth of RYCRX shares 5 years ago would now be looking at an investment worth $1,021.
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Returns By Period
Rydex Real Estate Fund (RYCRX) has returned 7.19% so far this year and 10.45% over the past 12 months. Over the last ten years, RYCRX has returned 3.24% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Rydex Real Estate Fund
- 1D
- 0.15%
- 1M
- -0.50%
- YTD
- 7.19%
- 6M
- 7.29%
- 1Y
- 10.45%
- 3Y*
- 7.45%
- 5Y*
- 0.41%
- 10Y*
- 3.24%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
RYCRX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2005, RYCRX's average daily return is +0.03%, while the average monthly return is +0.46%. At this rate, an investment would double in approximately 12.6 years.
Historically, 59% of months were positive and 41% were negative. The best month was Apr 2009 with a return of +26.9%, while the worst month was Oct 2008 at -32.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, RYCRX closed higher 52% of trading days. The best single day was Nov 24, 2008 with a return of +18.0%, while the worst single day was Dec 1, 2008 at -18.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.99% | 3.84% | -6.76% | 8.24% | 0.03% | 0.27% | 7.19% | ||||||
| 2025 | 1.17% | 2.90% | -2.70% | -3.56% | 0.66% | 1.07% | 0.43% | 4.95% | 0.74% | -3.69% | 2.98% | -2.40% | 2.15% |
| 2024 | -4.88% | 1.48% | 2.53% | -6.90% | 3.31% | 1.99% | 7.67% | 4.82% | 3.37% | -3.48% | 4.29% | -7.96% | 4.92% |
| 2023 | 10.96% | -6.10% | -3.92% | -0.03% | -3.81% | 6.28% | 3.06% | -3.81% | -7.42% | -4.32% | 11.02% | 10.08% | 9.78% |
| 2022 | -7.61% | -2.86% | 5.06% | -5.54% | -4.11% | -8.72% | 8.70% | -6.41% | -12.93% | 4.52% | 5.89% | -5.91% | -28.10% |
| 2021 | -0.38% | 4.64% | 3.95% | 7.17% | 0.19% | 2.84% | 3.08% | 1.68% | -4.92% | 6.75% | -2.84% | 8.13% | 33.75% |
Benchmark Metrics
Rydex Real Estate Fund has an annualized alpha of -4.55%, beta of 1.15, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since January 03, 2005.
- This fund participated in 117.89% of S&P 500 Index downside but only 92.79% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -4.55% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -4.55%
- Beta
- 1.15
- R²
- 0.60
- Upside Capture
- 92.79%
- Downside Capture
- 117.89%
Expense Ratio
RYCRX has a high expense ratio of 2.36%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
RYCRX ranks 10 for risk / return — in the bottom 10% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Rydex Real Estate Fund (RYCRX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RYCRX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.37 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 2.78 | -1.59 |
| Martin ratioReturn relative to average drawdown | 3.01 | 12.44 | -9.43 |
Dividends
Dividend History
Rydex Real Estate Fund provided a 4.13% dividend yield over the last twelve months, with an annual payout of $1.40 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.40 | $1.40 | $0.32 | $0.73 | $1.32 | $0.18 | $3.48 | $0.73 | $0.26 | $0.20 | $2.25 | $0.44 |
Dividend yield | 4.13% | 4.43% | 0.98% | 2.34% | 4.55% | 0.42% | 10.95% | 1.94% | 0.82% | 0.58% | 6.91% | 1.36% |
Monthly Dividends
The table displays the monthly dividend distributions for Rydex Real Estate Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.40 | $1.40 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 | $0.73 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.32 | $1.32 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Rydex Real Estate Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Rydex Real Estate Fund was 74.89%, occurring on Mar 6, 2009. Recovery took 1851 trading sessions.
The current Rydex Real Estate Fund drawdown is 9.34%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -74.89%Mar 2009 | 2y 27d | 7y 4mo | 9y 5moFeb 2007 - Jul 2016 |
COVID crash2020 | -45.88%Mar 2020 | 1mo 4d | 1y 28d | 1y 2moFeb 2020 - Apr 2021 |
2023 bear market2023 | -36.88%Oct 2023 | 1y 9mo | — | 4y 5moJan 2022 - now |
Rate-hike selloffLate 2018 | -14.56%Dec 2018 | 3mo 27d | 1mo 13d | 5mo 10dAug 2018 - Feb 2019 |
2018 correction2018 | -13.56%Feb 2018 | 1y 6mo | 4mo 28d | 1y 11moAug 2016 - Jul 2018 |
Drawdown Indicators
| RYCRX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.89% | -56.78% | -18.11% |
Max Drawdown (1Y)Largest decline over 1 year | -8.76% | -9.10% | +0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -18.78% | -18.90% | +0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -36.88% | -25.43% | -11.45% |
Max Drawdown (10Y)Largest decline over 10 years | -45.88% | -33.92% | -11.96% |
Current DrawdownCurrent decline from peak | -9.34% | -1.80% | -7.54% |
Average DrawdownAverage peak-to-trough decline | -18.78% | -10.71% | -8.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 2.03% | +1.44% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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