Rydex Financial Services Fund (RYFIX) belongs to the Financials Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RYFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYFIX
RYFIX charges 1.36% annually. There are 19 mutual funds in the Financials Equities category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Financials Index Fund Admiral Shares | 0.09% | 13.50B | Feb 2004 | RYFIX vs VFAIX | |
| Fidelity Advisor Financial Services Fund Class Z | 0.64% | — | Oct 2018 | RYFIX vs FIKBX | |
| Fidelity Select Financial Services Portfolio | 0.73% | — | Dec 1981 | RYFIX vs FIDSX | |
| Fidelity Select Banking Portfolio | 0.73% | — | Jun 1986 | RYFIX vs FSRBX | |
| Fidelity Select Brokerage & Invmt Mgmt Portfolio | 0.75% | — | Jul 1985 | RYFIX vs FSLBX |
Best Risk-Adjusted Alternatives to RYFIX
RYFIX has a PortfoliosLab risk / return rank of 10. There are 21 mutual funds in the Financials Equities category with higher risk-adjusted ranks, going as high as 80.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Global Financial Services Fund | 80 | — | Oct 2018 | RYFIX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | 77 | — | Oct 2018 | RYFIX vs GAFSX | |
| RMB Mendon Financial Services Fund | 69 | — | Jun 1999 | RYFIX vs RMBKX | |
| Rydex Banking Fund | 41 | — | Apr 1998 | RYFIX vs RYKIX | |
| Hennessy Small Cap Financial Fund | 36 | — | Jan 1997 | RYFIX vs HSFNX |
Top Performing RYFIX Alternatives (YTD)
RYFIX is at 5.61% YTD. There are 19 mutual funds in the Financials Equities category with higher YTD returns, going as high as 20.32%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Financial Opportunities Fund | 20.32% | — | Aug 1994 | RYFIX vs BTO | |
| RMB Mendon Financial Services Fund | 18.97% | — | Jun 1999 | RYFIX vs RMBKX | |
| John Hancock Regional Bank Fund | 18.75% | — | Jan 1992 | RYFIX vs FRBAX | |
| Fidelity Select Banking Portfolio | 16.71% | — | Jun 1986 | RYFIX vs FSRBX | |
| Hennessy Small Cap Financial Fund | 15.61% | — | Jan 1997 | RYFIX vs HSFNX |
Lowest Volatility Alternatives to RYFIX
RYFIX has 14.32% 1-year volatility. There are 5 mutual funds in the Financials Equities category with lower 1-year volatility, going as low as 7.22%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Flaherty & Crumrine Total Return Fund Inc | 7.22% | — | Aug 2003 | RYFIX vs FLC | |
| Saratoga Financial Service Fund | 9.20% | — | Aug 2000 | RYFIX vs SFPAX | |
| Gabelli Global Financial Services Fund | 12.62% | — | Oct 2018 | RYFIX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | 12.67% | — | Oct 2018 | RYFIX vs GAFSX | |
| ICON Consumer Select Fund | 14.22% | — | Jul 1997 | RYFIX vs ICFSX |
Lowest Drawdown Alternatives to RYFIX
RYFIX has a 1-year max drawdown of -13.52%. There are 13 mutual funds in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -4.86%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Saratoga Financial Service Fund | -4.86% | — | Aug 2000 | RYFIX vs SFPAX | |
| Flaherty & Crumrine Total Return Fund Inc | -8.34% | — | Aug 2003 | RYFIX vs FLC | |
| Gabelli Global Financial Services Fund | -9.42% | — | Oct 2018 | RYFIX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | -9.47% | — | Oct 2018 | RYFIX vs GAFSX | |
| RMB Mendon Financial Services Fund | -9.48% | — | Jun 1999 | RYFIX vs RMBKX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 40 | 14.87% | — | Sep 2021 | RYFIX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 68 | 11.30% | — | Jul 1993 | RYFIX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.80% | — | Dec 2012 | RYFIX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 68 | 12.25% | — | May 2011 | RYFIX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.70% | — | Dec 1991 | RYFIX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 55 | 9.82% | — | Jul 2010 | RYFIX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 43 | 6.43% | — | Aug 2005 | RYFIX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 41 | 31.15% | — | Apr 2000 | RYFIX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 80 | 7.36% | — | Oct 2007 | RYFIX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 76 | 13.91% | — | Sep 1999 | RYFIX vs FAMRX |
Often Compared With RYFIX
Investors most often compare RYFIX with SBFAX, FSPCX, RPFGX. These 16 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare RYFIX with Any Fund or Stock
Compare RYFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYFIX with funds that move differently
Rydex Financial Services Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYFIX.
Explore RYFIX Diversifiers