Rydex Banking Fund (RYKIX) Alternatives
Rydex Banking Fund (RYKIX) 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 RYKIX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to RYKIX
RYKIX charges 1.36% annually. Among mutual funds in the Financials Equities category, these options have the lowest expense ratios among RYKIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Vanguard Financials Index Fund Admiral Shares | 0.10% | Feb 4, 2004 | RYKIX vs VFAIX | |
| Fidelity Advisor Financial Services Fund Class Z | 0.64% | Oct 2, 2018 | RYKIX vs FIKBX | |
| Fidelity Select Financial Services Portfolio | 0.73% | Dec 10, 1981 | RYKIX vs FIDSX | |
| Fidelity Select Banking Portfolio | 0.73% | Jun 30, 1986 | RYKIX vs FSRBX | |
| Fidelity Select Brokerage & Invmt Mgmt Portfolio | 0.75% | Jul 29, 1985 | RYKIX vs FSLBX |
Best Risk-Adjusted Alternatives to RYKIX
Among mutual funds in the Financials Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Gabelli Global Financial Services Fund Class AAA | 79 | Oct 1, 2018 | RYKIX vs GAFSX | |
| Gabelli Global Financial Services Fund | 78 | Oct 1, 2018 | RYKIX vs GFSIX | |
| RMB Mendon Financial Services Fund | 44 | Jun 7, 1999 | RYKIX vs RMBKX | |
| Hennessy Small Cap Financial Fund | 35 | Jan 3, 1997 | RYKIX vs HSFNX | |
| John Hancock Regional Bank Fund | 29 | Jan 3, 1992 | RYKIX vs FRBAX |
Top Performing RYKIX Alternatives (YTD)
RYKIX alternatives from the Financials Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| John Hancock Financial Opportunities Fund | 4.20% | Aug 18, 1994 | RYKIX vs BTO | |
| Saratoga Financial Service Fund | 0.00% | Aug 1, 2000 | RYKIX vs SFPAX | |
| RMB Mendon Financial Services Fund | -0.36% | Jun 7, 1999 | RYKIX vs RMBKX | |
| Hennessy Small Cap Financial Fund | -0.51% | Jan 3, 1997 | RYKIX vs HSFNX | |
| John Hancock Regional Bank Fund | -1.16% | Jan 3, 1992 | RYKIX vs FRBAX |
Lowest Volatility Alternatives to RYKIX
RYKIX alternatives from the Financials Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Flaherty & Crumrine Total Return Fund Inc | 11.34% | Aug 29, 2003 | RYKIX vs FLC | |
| Gabelli Global Financial Services Fund | 15.18% | Oct 1, 2018 | RYKIX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | 15.21% | Oct 1, 2018 | RYKIX vs GAFSX | |
| Saratoga Financial Service Fund | 17.62% | Aug 1, 2000 | RYKIX vs SFPAX | |
| 1919 Financial Services Fund | 18.16% | Nov 16, 1998 | RYKIX vs SBFAX |
Lowest Drawdown Alternatives to RYKIX
RYKIX alternatives from the Financials Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Flaherty & Crumrine Total Return Fund Inc | -8.69% | Aug 29, 2003 | RYKIX vs FLC | |
| Fidelity Select Insurance Portfolio | -11.69% | Dec 16, 1985 | RYKIX vs FSPCX | |
| Gabelli Global Financial Services Fund | -11.92% | Oct 1, 2018 | RYKIX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | -11.92% | Oct 1, 2018 | RYKIX vs GAFSX | |
| 1919 Financial Services Fund | -11.95% | Nov 16, 1998 | RYKIX vs SBFAX |
Other Mutual Funds from Rydex Funds
Most popular Rydex Funds mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | Leveraged Equities, Leveraged | 36 | -19.02% | Nov 27, 2014 | RYKIX vs RMQAX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities, Leveraged | 31 | -18.97% | May 23, 2000 | RYKIX vs RYVYX | |
| Rydex Electronics Fund | Technology Equities | 91 | 1.62% | Mar 31, 1998 | RYKIX vs RYSIX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities, Leveraged | 25 | -15.39% | May 18, 2000 | RYKIX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 21 | -5.94% | Dec 1, 2015 | RYKIX vs RYDAX | |
| Rydex Nova Fund | Leveraged Equities, Leveraged | 30 | -11.41% | Jul 11, 1993 | RYKIX vs RYNVX | |
| Rydex Precious Metals Fund | Precious Metals | 90 | 1.40% | Nov 30, 1993 | RYKIX vs RYPMX | |
| Rydex Russell 2000 Fund | Small Cap Blend Equities | 40 | -3.06% | May 31, 2006 | RYKIX vs RYRRX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities, Leveraged | 2 | 10.70% | Sep 2, 1998 | RYKIX vs RYAIX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 44 | 0.34% | Feb 20, 2004 | RYKIX vs RYCKX |
Often Compared With RYKIX
What investors most often compare with RYKIX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ICON Consumer Select Fund | Financials Equities | 6 | -9.09% | Jul 1, 1997 | RYKIX vs ICFSX | |
| Davis Financial Fund | Financials Equities | 24 | -11.14% | May 1, 1991 | RYKIX vs RPFGX | |
| John Hancock Financial Industries Fund | Financials Equities | 7 | -9.90% | Mar 14, 1996 | RYKIX vs FIDAX | |
| Fidelity Advisor Financial Services Fund Class A | Financials Equities | 10 | -9.46% | Sep 3, 1996 | RYKIX vs FAFDX | |
| Fidelity Advisor Financial Services Fund Class C | Financials Equities | 9 | -9.61% | Nov 3, 1997 | RYKIX vs FAFCX | |
| Fidelity Advisor Financial Services Fund Class I | Financials Equities | 11 | -9.38% | Sep 3, 1996 | RYKIX vs FFSIX | |
| Fidelity Select Fintech Portfolio | Financials Equities | 1 | -26.09% | Dec 16, 1985 | RYKIX vs FSVLX | |
| Emerald Finance and Banking Innovation Fund | Financials Equities | 6 | -12.92% | Feb 18, 1997 | RYKIX vs HSSAX | |
| Rydex Financial Services Fund | Financials Equities | 5 | -10.06% | Apr 2, 1998 | RYKIX vs RYFIX | |
| T. Rowe Price Financial Services Fund | Financials Equities | 26 | -10.22% | Sep 30, 1996 | RYKIX vs PRISX |
Compare RYKIX with Any Fund or Stock
Compare RYKIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.