Rydex Mid-Cap 1.5x Strategy Fund (RYMDX) belongs to the Leveraged Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RYMDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYMDX
RYMDX charges 1.65% annually. There are 23 mutual funds in the Leveraged Equities category with lower expense ratios, going as low as 1.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly NASDAQ-100 Bull 1.25X Fund | 1.19% | — | Mar 2016 | RYMDX vs DXNLX | |
| Rydex Nova Fund | 1.23% | — | Jul 1993 | RYMDX vs RYNVX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | 1.27% | — | Nov 2014 | RYMDX vs RMQHX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 1.32% | — | Nov 2014 | RYMDX vs RMQAX | |
| Direxion Monthly S&P 500 Bull 1.75X Fund | 1.35% | — | May 2006 | RYMDX vs DXSLX |
Best Risk-Adjusted Alternatives to RYMDX
RYMDX has a PortfoliosLab risk / return rank of 37. There are 22 mutual funds in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Pharmaceuticals UltraSector Fund | 95 | — | Jun 2000 | RYMDX vs PHPIX | |
| ProFunds Biotechnology UltraSector Fund | 94 | — | Jun 2000 | RYMDX vs BIPIX | |
| ProFunds UltraJapan Fund | 88 | — | Feb 2000 | RYMDX vs UJPIX | |
| ProFunds UltraLatin America Fund | 85 | — | Oct 2007 | RYMDX vs UBPIX | |
| Direxion Monthly Small Cap Bull 1.75X Fund | 71 | — | Feb 1999 | RYMDX vs DXRLX |
Top Performing RYMDX Alternatives (YTD)
RYMDX is at 19.50% YTD. There are 15 mutual funds in the Leveraged Equities category with higher YTD returns, going as high as 51.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 51.04% | — | Feb 2000 | RYMDX vs UJPIX | |
| ProFunds UltraSector Oil & Gas Fund | 48.84% | — | Jun 2000 | RYMDX vs ENPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 39.91% | — | Jun 2000 | RYMDX vs SMPIX | |
| Rydex Japan 2x Strategy Fund | 39.60% | — | Feb 2008 | RYMDX vs RYJSX | |
| ProFunds UltraLatin America Fund | 37.71% | — | Oct 2007 | RYMDX vs UBPIX |
Lowest Volatility Alternatives to RYMDX
RYMDX has 23.59% 1-year volatility. There are 9 mutual funds in the Leveraged Equities category with lower 1-year volatility, going as low as 12.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | 12.85% | — | Nov 1997 | RYMDX vs BLPIX | |
| Rydex Nova Fund | 19.30% | — | Jul 1993 | RYMDX vs RYNVX | |
| Rydex Europe 1.25x Strategy Fund | 20.27% | — | May 2000 | RYMDX vs RYEUX | |
| ProFunds Consumer Goods UltraSector Fund | 21.15% | — | Jan 2004 | RYMDX vs CNPIX | |
| ProFunds Real Estate UltraSector Fund | 21.64% | — | Jun 2000 | RYMDX vs REPIX |
Lowest Drawdown Alternatives to RYMDX
RYMDX has a 1-year max drawdown of -13.50%. There are 2 mutual funds in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -9.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | -9.21% | — | Nov 1997 | RYMDX vs BLPIX | |
| ProFunds Real Estate UltraSector Fund | -12.68% | — | Jun 2000 | RYMDX vs REPIX | |
| Rydex Nova Fund | -13.84% | — | Jul 1993 | RYMDX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | -14.47% | — | Jan 2004 | RYMDX vs CNPIX | |
| ProFunds Utilities UltraSector Fund | -14.82% | — | Jul 2000 | RYMDX vs UTPIX |
Other Mutual Funds from Rydex Funds
The 10 most viewed Rydex Funds mutual funds shown here include RYSIX, RYVYX, RYTNX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Rydex Electronics Fund | Technology Equities | 84 | 54.19% | — | Mar 1998 | RYMDX vs RYSIX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 27 | 17.04% | — | May 2000 | RYMDX vs RYVYX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 38 | 13.96% | — | May 2000 | RYMDX vs RYTNX | |
| Rydex S&P 500 Pure Growth Fund | Large Cap Growth Equities | 21 | 18.58% | — | Feb 2004 | RYMDX vs RYGRX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 52 | 8.60% | — | Dec 2015 | RYMDX vs RYDAX | |
| Rydex Precious Metals Fund | Precious Metals | 31 | -8.85% | — | Nov 1993 | RYMDX vs RYPMX | |
| Rydex Technology Fund | Technology Equities | 52 | 23.01% | — | Apr 1998 | RYMDX vs RYTIX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities | 1 | -9.23% | — | Sep 1998 | RYMDX vs RYAIX | |
| Rydex Inverse S&P 500 Strategy Fund | Inverse Equities | 0 | -6.06% | — | Jan 1994 | RYMDX vs RYURX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 23 | 12.35% | — | Feb 2004 | RYMDX vs RYCKX |
Often Compared With RYMDX
Investors most often compare RYMDX with UMPIX, UDPIX, RYCYX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare RYMDX with Any Fund or Stock
Compare RYMDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYMDX with funds that move differently
Rydex Mid-Cap 1.5x Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYMDX.
Explore RYMDX Diversifiers