Rydex Russell 2000 1.5x Strategy Fund (RYMKX) 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 RYMKX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYMKX
RYMKX charges 1.69% annually. There are 24 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 | RYMKX vs DXNLX | |
| Rydex Nova Fund | 1.23% | — | Jul 1993 | RYMKX vs RYNVX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | 1.27% | — | Nov 2014 | RYMKX vs RMQHX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 1.32% | — | Nov 2014 | RYMKX vs RMQAX | |
| Direxion Monthly S&P 500 Bull 1.75X Fund | 1.35% | — | May 2006 | RYMKX vs DXSLX |
Best Risk-Adjusted Alternatives to RYMKX
RYMKX has a PortfoliosLab risk / return rank of 55. There are 20 mutual funds in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 93 | — | Feb 2000 | RYMKX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund | 92 | — | Jun 2000 | RYMKX vs SMPIX | |
| ProFunds Technology UltraSector Fund | 85 | — | Jun 2000 | RYMKX vs TEPIX | |
| ProFunds UltraLatin America Fund | 70 | — | Oct 2007 | RYMKX vs UBPIX | |
| ProFunds UltraNASDAQ-100 Fund | 70 | — | Nov 1997 | RYMKX vs UOPIX |
Top Performing RYMKX Alternatives (YTD)
RYMKX is at 24.55% YTD. There are 16 mutual funds in the Leveraged Equities category with higher YTD returns, going as high as 82.09%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Semiconductor UltraSector Fund | 82.09% | — | Jun 2000 | RYMKX vs SMPIX | |
| ProFunds UltraJapan Fund | 74.33% | — | Feb 2000 | RYMKX vs UJPIX | |
| Rydex Japan 2x Strategy Fund | 61.13% | — | Feb 2008 | RYMKX vs RYJSX | |
| ProFunds Technology UltraSector Fund | 57.79% | — | Jun 2000 | RYMKX vs TEPIX | |
| ProFunds UltraSector Oil & Gas Fund | 44.87% | — | Jun 2000 | RYMKX vs ENPIX |
Lowest Volatility Alternatives to RYMKX
RYMKX has 28.70% 1-year volatility. There are 21 mutual funds in the Leveraged Equities category with lower 1-year volatility, going as low as 11.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | 11.86% | — | Nov 1997 | RYMKX vs BLPIX | |
| Rydex Nova Fund | 17.79% | — | Jul 1993 | RYMKX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | 18.83% | — | Jan 2004 | RYMKX vs CNPIX | |
| Rydex Europe 1.25x Strategy Fund | 19.62% | — | May 2000 | RYMKX vs RYEUX | |
| Communication Services UltraSector ProFund | 19.78% | — | Jun 2000 | RYMKX vs WCPIX |
Lowest Drawdown Alternatives to RYMKX
RYMKX has a 1-year max drawdown of -16.96%. There are 12 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 | RYMKX vs BLPIX | |
| ProFunds Real Estate UltraSector Fund | -12.68% | — | Jun 2000 | RYMKX vs REPIX | |
| Rydex Mid-Cap 1.5x Strategy Fund | -13.50% | — | Aug 2001 | RYMKX vs RYMDX | |
| Rydex Nova Fund | -13.84% | — | Jul 1993 | RYMKX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | -14.47% | — | Jan 2004 | RYMKX vs CNPIX |
Other Mutual Funds from Rydex Funds
The 10 most viewed Rydex Funds mutual funds shown here include RYVYX, RYSIX, RYTNX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 67 | 42.38% | — | May 2000 | RYMKX vs RYVYX | |
| Rydex Electronics Fund | Technology Equities | 97 | 87.82% | — | Mar 1998 | RYMKX vs RYSIX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 58 | 20.51% | — | May 2000 | RYMKX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 37 | 6.79% | — | Dec 2015 | RYMKX vs RYDAX | |
| Rydex Precious Metals Fund | Precious Metals | 34 | 7.46% | — | Nov 1993 | RYMKX vs RYPMX | |
| Rydex Inverse S&P 500 Strategy Fund | Inverse Equities | 0 | -8.72% | — | Jan 1994 | RYMKX vs RYURX | |
| Rydex Technology Fund | Technology Equities | 87 | 40.06% | — | Apr 1998 | RYMKX vs RYTIX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities | 0 | -17.50% | — | Sep 1998 | RYMKX vs RYAIX | |
| Rydex Russell 2000 Fund | Small Cap Blend Equities | 58 | 17.86% | — | May 2006 | RYMKX vs RYRRX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 44 | 20.27% | — | Feb 2004 | RYMKX vs RYCKX |
Often Compared With RYMKX
Investors most often compare RYMKX with DXRLX, BIPIX, RYGBX. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Direxion Monthly Small Cap Bull 1.75X Fund | Leveraged Equities | 60 | 30.58% | — | Feb 1999 | RYMKX vs DXRLX | |
| ProFunds Biotechnology UltraSector Fund | Leveraged Equities | 67 | 4.28% | — | Jun 2000 | RYMKX vs BIPIX | |
| Rydex Government Long Bond 1.2x Strategy Fund | Leveraged Bonds | 4 | -1.33% | — | Jan 1994 | RYMKX vs RYGBX | |
| ProFunds Utilities UltraSector Fund | Leveraged Equities | 6 | 2.78% | — | Jul 2000 | RYMKX vs UTPIX | |
| Rydex Inverse S&P 500 2x Strategy Fund | Inverse Equities | 0 | -17.63% | — | May 2000 | RYMKX vs RYTPX | |
| ProFunds Pharmaceuticals UltraSector Fund | Leveraged Equities | 39 | -3.18% | — | Jun 2000 | RYMKX vs PHPIX |
Compare RYMKX with Any Fund or Stock
Compare RYMKX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYMKX with funds that move differently
Rydex Russell 2000 1.5x Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYMKX.
Explore RYMKX Diversifiers