Rydex Dow 2x Strategy Fund (RYCYX) 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 RYCYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYCYX
RYCYX charges 2.61% annually. There are 43 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 | RYCYX vs DXNLX | |
| Rydex Nova Fund | 1.23% | — | Jul 1993 | RYCYX vs RYNVX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | 1.27% | — | Nov 2014 | RYCYX vs RMQHX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 1.32% | — | Nov 2014 | RYCYX vs RMQAX | |
| Direxion Monthly S&P 500 Bull 1.75X Fund | 1.35% | — | May 2006 | RYCYX vs DXSLX |
Best Risk-Adjusted Alternatives to RYCYX
RYCYX has a PortfoliosLab risk / return rank of 36. There are 25 mutual funds in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 95 | — | Feb 2000 | RYCYX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 88 | — | Jun 2000 | RYCYX vs SMPIX | |
| ProFunds Biotechnology UltraSector Fund | 85 | — | Jun 2000 | RYCYX vs BIPIX | |
| Rydex Japan 2x Strategy Fund | 79 | — | Feb 2008 | RYCYX vs RYJSX | |
| ProFunds Pharmaceuticals UltraSector Fund | 73 | — | Jun 2000 | RYCYX vs PHPIX |
Top Performing RYCYX Alternatives (YTD)
RYCYX is at 12.15% YTD. There are 27 mutual funds in the Leveraged Equities category with higher YTD returns, going as high as 95.71%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 95.71% | — | Feb 2000 | RYCYX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 78.25% | — | Jun 2000 | RYCYX vs SMPIX | |
| Rydex Japan 2x Strategy Fund | 77.19% | — | Feb 2008 | RYCYX vs RYJSX | |
| ProFunds Technology UltraSector Fund | 49.01% | — | Jun 2000 | RYCYX vs TEPIX | |
| ProFunds UltraNASDAQ-100 Fund | 38.91% | — | Nov 1997 | RYCYX vs UOPIX |
Lowest Volatility Alternatives to RYCYX
RYCYX has 24.98% 1-year volatility. There are 16 mutual funds in the Leveraged Equities category with lower 1-year volatility, going as low as 12.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | 12.47% | — | Nov 1997 | RYCYX vs BLPIX | |
| Rydex Nova Fund | 18.73% | — | Jul 1993 | RYCYX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | 19.37% | — | Jan 2004 | RYCYX vs CNPIX | |
| Communication Services UltraSector ProFund | 20.05% | — | Jun 2000 | RYCYX vs WCPIX | |
| Rydex Europe 1.25x Strategy Fund | 20.07% | — | May 2000 | RYCYX vs RYEUX |
Lowest Drawdown Alternatives to RYCYX
RYCYX has a 1-year max drawdown of -19.49%. There are 21 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 | RYCYX vs BLPIX | |
| ProFunds Real Estate UltraSector Fund | -12.68% | — | Jun 2000 | RYCYX vs REPIX | |
| Rydex Mid-Cap 1.5x Strategy Fund | -13.50% | — | Aug 2001 | RYCYX vs RYMDX | |
| Rydex Nova Fund | -13.84% | — | Jul 1993 | RYCYX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | -14.47% | — | Jan 2004 | RYCYX vs CNPIX |
Other Mutual Funds from Rydex Funds
The 10 most viewed Rydex Funds mutual funds shown here include RYSIX, RYVYX, RYTNX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Rydex Electronics Fund | Technology Equities | 96 | 94.06% | — | Mar 1998 | RYCYX vs RYSIX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 61 | 38.86% | — | May 2000 | RYCYX vs RYVYX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 49 | 16.67% | — | May 2000 | RYCYX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 42 | 7.34% | — | Dec 2015 | RYCYX vs RYDAX | |
| Rydex Precious Metals Fund | Precious Metals | 25 | 0.29% | — | Nov 1993 | RYCYX vs RYPMX | |
| Rydex S&P 500 Pure Growth Fund | Large Cap Growth Equities | 62 | 33.25% | — | Feb 2004 | RYCYX vs RYGRX | |
| Rydex Inverse S&P 500 Strategy Fund | Inverse Equities | 0 | -7.37% | — | Jan 1994 | RYCYX vs RYURX | |
| Rydex Technology Fund | Technology Equities | 73 | 33.67% | — | Apr 1998 | RYCYX vs RYTIX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities | 0 | -17.13% | — | Sep 1998 | RYCYX vs RYAIX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 49 | 21.00% | — | Feb 2004 | RYCYX vs RYCKX |
Often Compared With RYCYX
Investors most often compare RYCYX with QQQ, RYLD, BMPIX. These 12 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare RYCYX with Any Fund or Stock
Compare RYCYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYCYX with funds that move differently
Rydex Dow 2x Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYCYX.
Explore RYCYX Diversifiers