Rydex Inverse High Yield Strategy Fund (RYILX) belongs to the Inverse Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RYILX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYILX
RYILX charges 1.55% annually. There are 2 mutual funds in the Inverse Bonds category with lower expense ratios, going as low as 1.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly 7-10 Year Treasury Bear 1.75X Fun... | 1.35% | — | May 2004 | RYILX vs DXKSX | |
| ProFunds Rising Rates Opportunity Fund | 1.52% | — | Apr 2002 | RYILX vs RRPIX | |
| Access Flex Bear High Yield ProFund | 1.78% | — | Apr 2005 | RYILX vs AFBIX | |
| ProFunds Rising Rates Opportunity 10 Fund | 1.78% | — | Jan 2005 | RYILX vs RTPIX | |
| Rydex Inverse Government Long Bond Strategy Fund | 4.28% | — | Mar 1995 | RYILX vs RYJUX |
Best Risk-Adjusted Alternatives to RYILX
RYILX has a PortfoliosLab risk / return rank of 1. There are 4 mutual funds in the Inverse Bonds category with higher risk-adjusted ranks, going as high as 4.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly 7-10 Year Treasury Bear 1.75X Fun... | 4 | — | May 2004 | RYILX vs DXKSX | |
| ProFunds Rising Rates Opportunity 10 Fund | 4 | — | Jan 2005 | RYILX vs RTPIX | |
| Rydex Inverse Government Long Bond Strategy Fund | 4 | — | Mar 1995 | RYILX vs RYJUX | |
| ProFunds Rising Rates Opportunity Fund | 3 | — | Apr 2002 | RYILX vs RRPIX | |
| Access Flex Bear High Yield ProFund | 0 | — | Apr 2005 | RYILX vs AFBIX |
Top Performing RYILX Alternatives (YTD)
RYILX is at 1.42% YTD. There are 4 mutual funds in the Inverse Bonds category with higher YTD returns, going as high as 4.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly 7-10 Year Treasury Bear 1.75X Fun... | 4.35% | — | May 2004 | RYILX vs DXKSX | |
| ProFunds Rising Rates Opportunity 10 Fund | 2.55% | — | Jan 2005 | RYILX vs RTPIX | |
| ProFunds Rising Rates Opportunity Fund | 2.55% | — | Apr 2002 | RYILX vs RRPIX | |
| Rydex Inverse Government Long Bond Strategy Fund | 2.46% | — | Mar 1995 | RYILX vs RYJUX | |
| Access Flex Bear High Yield ProFund | -0.95% | — | Apr 2005 | RYILX vs AFBIX |
Lowest Volatility Alternatives to RYILX
RYILX has 4.87% 1-year volatility. There is 1 mutual fund in the Inverse Bonds category with lower 1-year volatility, going as low as 3.82%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Access Flex Bear High Yield ProFund | 3.82% | — | Apr 2005 | RYILX vs AFBIX | |
| ProFunds Rising Rates Opportunity 10 Fund | 5.28% | — | Jan 2005 | RYILX vs RTPIX | |
| Direxion Monthly 7-10 Year Treasury Bear 1.75X Fun... | 8.39% | — | May 2004 | RYILX vs DXKSX | |
| Rydex Inverse Government Long Bond Strategy Fund | 9.52% | — | Mar 1995 | RYILX vs RYJUX | |
| ProFunds Rising Rates Opportunity Fund | 11.79% | — | Apr 2002 | RYILX vs RRPIX |
Lowest Drawdown Alternatives to RYILX
RYILX has a 1-year max drawdown of -4.01%. There is 1 mutual fund in the Inverse Bonds category with a shallower 1-year drawdown, going as shallow as -3.74%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Rising Rates Opportunity 10 Fund | -3.74% | — | Jan 2005 | RYILX vs RTPIX | |
| Access Flex Bear High Yield ProFund | -4.36% | — | Apr 2005 | RYILX vs AFBIX | |
| Direxion Monthly 7-10 Year Treasury Bear 1.75X Fun... | -5.87% | — | May 2004 | RYILX vs DXKSX | |
| Rydex Inverse Government Long Bond Strategy Fund | -6.75% | — | Mar 1995 | RYILX vs RYJUX | |
| ProFunds Rising Rates Opportunity Fund | -8.73% | — | Apr 2002 | RYILX vs RRPIX |
Other Mutual Funds from Rydex Funds
The 10 most viewed Rydex Funds mutual funds shown here include RMQAX, RYVYX, RYSIX 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 | 38.84% | — | Nov 2014 | RYILX vs RMQAX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 68 | 41.05% | — | May 2000 | RYILX vs RYVYX | |
| Rydex Electronics Fund | Technology Equities | 97 | 79.10% | — | Mar 1998 | RYILX vs RYSIX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 59 | 20.21% | — | May 2000 | RYILX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 35 | 6.28% | — | Dec 2015 | RYILX vs RYDAX | |
| Rydex Precious Metals Fund | Precious Metals | 40 | 6.10% | — | Nov 1993 | RYILX vs RYPMX | |
| Rydex Inverse S&P 500 Strategy Fund | Inverse Equities | 0 | -8.61% | — | Jan 1994 | RYILX vs RYURX | |
| Rydex Technology Fund | Technology Equities | 86 | 38.26% | — | Apr 1998 | RYILX vs RYTIX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities | 0 | -17.12% | — | Sep 1998 | RYILX vs RYAIX | |
| Rydex Nova Fund | Leveraged Equities | 62 | 15.77% | — | Jul 1993 | RYILX vs RYNVX |
Often Compared With RYILX
Investors most often compare RYILX with TEPIX, DXHYX, FNPIX. These 11 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare RYILX with Any Fund or Stock
Compare RYILX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYILX with funds that move differently
Rydex Inverse High Yield Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYILX.
Explore RYILX Diversifiers