Rydex Emerging Markets Bond Strategy Fund (RYIEX) belongs to the Emerging Markets Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RYIEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYIEX
RYIEX charges 1.61% annually. There are 73 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Emerging Markets Local Bond Fund | 0.09% | — | Nov 2011 | RYIEX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | — | Aug 2012 | RYIEX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.40% | — | Dec 2017 | RYIEX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | RYIEX vs SEDAX | |
| GMO Emerging Country Debt Fund Class VI | 0.51% | — | Apr 1994 | RYIEX vs GMOQX |
Best Risk-Adjusted Alternatives to RYIEX
RYIEX has a PortfoliosLab risk / return rank of 38. There are 61 mutual funds in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Developing World Income Fund Class... | 98 | — | Feb 2014 | RYIEX vs AGEYX | |
| American Beacon Frontier Markets Income Fund | 98 | — | Feb 2014 | RYIEX vs AGEPX | |
| GMO Emerging Country Debt Fund Class VI | 98 | — | Apr 1994 | RYIEX vs GMOQX | |
| GMO Emerging Country Debt Fund | 98 | — | Apr 1994 | RYIEX vs GMCDX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 98 | — | Apr 2014 | RYIEX vs DBLLX |
Top Performing RYIEX Alternatives (YTD)
RYIEX is at 1.19% YTD. There are 66 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 21.21%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 21.21% | — | Dec 2010 | RYIEX vs EDF | |
| GMO Emerging Country Debt Fund Class VI | 9.53% | — | Apr 1994 | RYIEX vs GMOQX | |
| GMO Emerging Country Debt Fund | 9.50% | — | Apr 1994 | RYIEX vs GMCDX | |
| Franklin Emerging Market Debt Opportunities Fund | 8.40% | — | May 2006 | RYIEX vs FEMDX | |
| Morgan Stanley Emerging Markets Domestic Fund | 8.33% | — | Apr 2007 | RYIEX vs EDD |
Lowest Volatility Alternatives to RYIEX
RYIEX has 5.30% 1-year volatility. There are 47 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.15%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.15% | — | Apr 2014 | RYIEX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 1.93% | — | Apr 2010 | RYIEX vs DLENX | |
| Payden Emerging Markets Corporate Bond Fund | 2.03% | — | Nov 2013 | RYIEX vs PYCEX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.05% | — | May 2011 | RYIEX vs SHCDX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.08% | — | Apr 2010 | RYIEX vs DBLEX |
Lowest Drawdown Alternatives to RYIEX
RYIEX has a 1-year max drawdown of -3.99%. There are 30 mutual funds in the Emerging Markets Bonds category with shallower 1-year drawdowns, going as shallow as -0.92%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | -0.92% | — | Apr 2014 | RYIEX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund | -1.81% | — | Apr 2010 | RYIEX vs DBLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -1.83% | — | Apr 2010 | RYIEX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | -1.90% | — | May 2011 | RYIEX vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | -2.37% | — | Nov 2013 | RYIEX vs PYCEX |
Other Mutual Funds from Rydex Funds
The 10 most viewed Rydex Funds mutual funds shown here include RMQAX, RYSIX, RYVYX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | Leveraged Equities | 61 | 37.58% | — | Nov 2014 | RYIEX vs RMQAX | |
| Rydex Electronics Fund | Technology Equities | 96 | 94.06% | — | Mar 1998 | RYIEX vs RYSIX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 61 | 38.86% | — | May 2000 | RYIEX vs RYVYX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 49 | 16.67% | — | May 2000 | RYIEX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 42 | 7.34% | — | Dec 2015 | RYIEX vs RYDAX | |
| Rydex Precious Metals Fund | Precious Metals | 25 | 0.29% | — | Nov 1993 | RYIEX vs RYPMX | |
| Rydex S&P 500 Pure Growth Fund | Large Cap Growth Equities | 62 | 33.25% | — | Feb 2004 | RYIEX vs RYGRX | |
| Rydex Inverse S&P 500 Strategy Fund | Inverse Equities | 0 | -7.37% | — | Jan 1994 | RYIEX vs RYURX | |
| Rydex Technology Fund | Technology Equities | 73 | 33.67% | — | Apr 1998 | RYIEX vs RYTIX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities | 0 | -17.13% | — | Sep 1998 | RYIEX vs RYAIX |
Often Compared With RYIEX
Investors most often compare RYIEX with RYGBX, EIDOX, DEDIX. These 8 comparison targets span 5 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Rydex Government Long Bond 1.2x Strategy Fund | Leveraged Bonds | 4 | -0.01% | — | Jan 1994 | RYIEX vs RYGBX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | Emerging Markets Bonds | 98 | 7.62% | — | Sep 2015 | RYIEX vs EIDOX | |
| Delaware Emerging Markets Debt Corporate Fund | Emerging Markets Bonds | 90 | 1.52% | — | Sep 2013 | RYIEX vs DEDIX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | Emerging Markets Bonds | 98 | 7.53% | — | Feb 2013 | RYIEX vs EELDX | |
| Rydex Nova Fund | Leveraged Equities | 52 | 13.21% | — | Jul 1993 | RYIEX vs RYNVX | |
| Amana Participation Fund | Emerging Markets Bonds | 47 | 0.36% | — | Sep 2015 | RYIEX vs AMAPX | |
| Rydex Russell 2000 Fund | Small Cap Blend Equities | 62 | 19.73% | — | May 2006 | RYIEX vs RYRRX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 49 | 21.00% | — | Feb 2004 | RYIEX vs RYCKX |
Compare RYIEX with Any Fund or Stock
Compare RYIEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYIEX with funds that move differently
Rydex Emerging Markets Bond Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYIEX.
Explore RYIEX Diversifiers