PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Rydex Government Long Bond 1.2x Strategy Fund (RYGBX) Alternatives

Mutual Fund · Currency in USD · Last updated Aug 5, 2026

The investment seeks to provide investment results that correspond, before fees and expenses, to 120% of the daily price movement of the Long Treasury Bond for U.S. government securities on a daily basis. The fund employs as its investment strategy a program of investing in U.S. government securities and derivative instruments, which primarily consist of futures contracts, interest rate swaps, and options on securities and futures contracts. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in fixed income securities issued by the U.S. government (and derivatives thereof).

Rydex Government Long Bond 1.2x Strategy Fund (RYGBX) belongs to the Leveraged Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RYGBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Other Mutual Funds from Rydex Funds

The 10 most viewed Rydex Funds mutual funds shown here include RYSIX, RMQAX, RYVYX and span 6 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
RYSIX
Rydex Electronics FundTechnology Equities
86
56.87%
—Mar 1998RYGBX vs RYSIX
RMQAX
Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun...Leveraged Equities
35
21.85%
—Nov 2014RYGBX vs RMQAX
RYVYX
Rydex NASDAQ-100 2x Strategy FundLeveraged Equities
34
22.59%
—May 2000RYGBX vs RYVYX
RYTNX
Rydex S&P 500 2x Strategy FundLeveraged Equities
52
18.90%
—May 2000RYGBX vs RYTNX
RYGRX
Rydex S&P 500 Pure Growth FundLarge Cap Growth Equities
25
21.11%
—Feb 2004RYGBX vs RYGRX
RYDAX
Rydex Dow Jones Industrial Average FundLarge Cap Value Equities
64
10.60%
—Dec 2015RYGBX vs RYDAX
RYPMX
Rydex Precious Metals FundPrecious Metals
25
-9.52%
—Nov 1993RYGBX vs RYPMX
RYTIX
Rydex Technology FundTechnology Equities
57
26.09%
—Apr 1998RYGBX vs RYTIX
RYNVX
Rydex Nova FundLeveraged Equities
55
15.02%
—Jul 1993RYGBX vs RYNVX
RYURX
Rydex Inverse S&P 500 Strategy FundInverse Equities
0
-8.07%
—Jan 1994RYGBX vs RYURX

Often Compared With RYGBX

Investors most often compare RYGBX with PHPIX, TEPIX, RYMIX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
PHPIX
ProFunds Pharmaceuticals UltraSector FundLeveraged Equities
94
29.68%
—Jun 2000RYGBX vs PHPIX
TEPIX
ProFunds Technology UltraSector FundLeveraged Equities
44
32.58%
—Jun 2000RYGBX vs TEPIX
RYMIX
Rydex Telecommunications FundCommunications Equities
82
23.58%
—Mar 1998RYGBX vs RYMIX
SPY
State Street SPDR S&P 500 ETFS&P 500
72
13.71%
789.06BJan 1993RYGBX vs SPY
RYCYX
Rydex Dow 2x Strategy FundLeveraged Equities
50
18.19%
—Feb 2004RYGBX vs RYCYX
RYRRX
Rydex Russell 2000 FundSmall Cap Blend Equities
77
19.70%
—May 2006RYGBX vs RYRRX
RYIEX
Rydex Emerging Markets Bond Strategy FundEmerging Markets Bonds
22
-0.03%
—Oct 2013RYGBX vs RYIEX
RYVNX
Rydex Inverse NASDAQ-100 2x Strategy FundInverse Equities
0
-25.79%
—May 2000RYGBX vs RYVNX
RYWWX
Rydex Inverse Emerging Markets 2x Strategy FundInverse Equities
0
-14.76%
—Oct 2010RYGBX vs RYWWX
RYMMX
Rydex S&P MidCap 400 Pure Value FundSmall Cap Value Equities
43
16.72%
—Feb 2004RYGBX vs RYMMX
RYEUX
Rydex Europe 1.25x Strategy FundLeveraged Equities
43
11.52%
—May 2000RYGBX vs RYEUX
DXKLX
Direxion Monthly 7-10 Year Treasury Bull 1.75X Fun...Leveraged Bonds
1
-5.90%
—Mar 2005RYGBX vs DXKLX
RYCQX
Rydex Inverse Russell 2000 Strategy FundInverse Equities
0
-15.69%
—Feb 2004RYGBX vs RYCQX
RYTPX
Rydex Inverse S&P 500 2x Strategy FundInverse Equities
0
-17.12%
—May 2000RYGBX vs RYTPX
DXHYX
Direxion Monthly High Yield Bull 1.2X FundLeveraged Bonds
17
-0.25%
—Feb 2016RYGBX vs DXHYX
RYCKX
Rydex S&P MidCap 400 Pure Growth FundMid Cap Growth Equities
30
13.76%
—Feb 2004RYGBX vs RYCKX
RYCLX
Rydex Inverse Mid-Cap Strategy FundInverse Equities
0
-14.14%
—Feb 2004RYGBX vs RYCLX
RYCZX
Rydex Inverse Dow 2x Strategy FundInverse Equities
0
-18.68%
—Feb 2004RYGBX vs RYCZX
RYILX
Rydex Inverse High Yield Strategy FundInverse Bonds
4
2.34%
—Apr 2007RYGBX vs RYILX
RYVVX
Rydex S&P 500 Pure Value FundLarge Cap Value Equities
92
15.77%
—Feb 2004RYGBX vs RYVVX

Compare RYGBX with Any Fund or Stock

Compare RYGBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair RYGBX with funds that move differently

Rydex Government Long Bond 1.2x Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYGBX.

Explore RYGBX Diversifiers