Rydex Dow Jones Industrial Average Fund (RYDAX) belongs to the Large Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RYDAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYDAX
RYDAX charges 1.58% annually. There are 313 mutual funds in the Large Cap Value Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Stock Selector Large Cap Value Fun... | 0.01% | — | Dec 2012 | RYDAX vs FBLEX | |
| Schwab U.S. Large-Cap Value Index Fund | 0.04% | — | Dec 2017 | RYDAX vs SWLVX | |
| Fidelity Large Cap Value Index Fund | 0.04% | — | Jun 2016 | RYDAX vs FLCOX | |
| Vanguard Value Index Fund Institutional Shares | 0.04% | — | Jul 1998 | RYDAX vs VIVIX | |
| Vanguard Value Index Fund Admiral Shares | 0.05% | 238.00B | Nov 2000 | RYDAX vs VVIAX |
Best Risk-Adjusted Alternatives to RYDAX
RYDAX has a PortfoliosLab risk / return rank of 37. There are 253 mutual funds in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Growth and Income Fund Institutional Class | 96 | — | Oct 1993 | RYDAX vs FGIPX | |
| Delaware Growth and Income Fund | 96 | — | Oct 1993 | RYDAX vs FGINX | |
| Al Frank Fund | 96 | — | May 2006 | RYDAX vs VALAX | |
| Fidelity SAI U.S. Value Index Fund | 95 | — | Dec 2017 | RYDAX vs FSWCX | |
| SA U.S. Value Fund | 95 | — | Aug 1999 | RYDAX vs SABTX |
Top Performing RYDAX Alternatives (YTD)
RYDAX is at 6.79% YTD. There are 251 mutual funds in the Large Cap Value Equities category with higher YTD returns, going as high as 30.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AMG Yacktman Focused Fund | 30.77% | — | May 1997 | RYDAX vs YAFFX | |
| PIMCO RAE US Fund | 24.56% | — | Jun 2015 | RYDAX vs PKAIX | |
| Al Frank Fund | 23.13% | — | May 2006 | RYDAX vs VALAX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 21.74% | — | Jun 2022 | RYDAX vs AVLVX | |
| PIMCO RAE PLUS Fund | 20.74% | — | Jun 2005 | RYDAX vs PXTIX |
Lowest Volatility Alternatives to RYDAX
RYDAX has 12.05% 1-year volatility. There are 243 mutual funds in the Large Cap Value Equities category with lower 1-year volatility, going as low as 2.38%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Shapiro Equity Opportunities Fund | 2.38% | — | Sep 2017 | RYDAX vs SHXPX | |
| Advisors Capital Tactical Fixed Income Fund | 3.64% | — | Feb 2021 | RYDAX vs ACTIX | |
| The Income Fund of America Class R-1 | 7.13% | — | Dec 1973 | RYDAX vs RIDAX | |
| Fidelity Advisor Large Cap Fund Class I | 8.06% | — | Feb 1996 | RYDAX vs FALIX | |
| Fidelity Advisor Large Cap Fund Class C | 8.06% | — | Nov 1997 | RYDAX vs FLCCX |
Lowest Drawdown Alternatives to RYDAX
RYDAX has a 1-year max drawdown of -9.86%. There are 291 mutual funds in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.83%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Buffalo Flexible Income Fund | -2.83% | — | Aug 1994 | RYDAX vs BUFBX | |
| Advisors Capital Tactical Fixed Income Fund | -2.90% | — | Feb 2021 | RYDAX vs ACTIX | |
| Hennessy Cornerstone Value Fund | -3.77% | — | Nov 1996 | RYDAX vs HFCVX | |
| Torray Fund | -4.50% | — | Dec 1990 | RYDAX vs TORYX | |
| Federated Hermes Strategic Value Dividend Fund | -4.66% | — | Mar 2005 | RYDAX vs SVAIX |
Other Mutual Funds from Rydex Funds
The 10 most viewed Rydex Funds mutual funds shown here include RMQAX, RYSIX, RYVYX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | Leveraged Equities | 67 | 40.14% | — | Nov 2014 | RYDAX vs RMQAX | |
| Rydex Electronics Fund | Technology Equities | 97 | 87.82% | — | Mar 1998 | RYDAX vs RYSIX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 67 | 42.38% | — | May 2000 | RYDAX vs RYVYX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 58 | 20.51% | — | May 2000 | RYDAX vs RYTNX | |
| Rydex Precious Metals Fund | Precious Metals | 34 | 7.46% | — | Nov 1993 | RYDAX vs RYPMX | |
| Rydex Inverse S&P 500 Strategy Fund | Inverse Equities | 0 | -8.72% | — | Jan 1994 | RYDAX vs RYURX | |
| Rydex Technology Fund | Technology Equities | 87 | 40.06% | — | Apr 1998 | RYDAX vs RYTIX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities | 0 | -17.50% | — | Sep 1998 | RYDAX vs RYAIX | |
| Rydex Nova Fund | Leveraged Equities | 61 | 16.00% | — | Jul 1993 | RYDAX vs RYNVX | |
| Rydex Russell 2000 Fund | Small Cap Blend Equities | 58 | 17.86% | — | May 2006 | RYDAX vs RYRRX |
Often Compared With RYDAX
Investors most often compare RYDAX with ^IXIC, NASDX, XLK. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare RYDAX with Any Fund or Stock
Compare RYDAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYDAX with funds that move differently
Rydex Dow Jones Industrial Average Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYDAX.
Explore RYDAX Diversifiers