Rydex Nova Fund (RYNVX) Alternatives
Rydex Nova Fund (RYNVX) 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 RYNVX. 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 RYNVX
RYNVX charges 1.23% annually. Among mutual funds in the Leveraged Equities category, these options have the lowest expense ratios among RYNVX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Direxion Monthly NASDAQ-100 Bull 1.25X Fund | 1.19% | Mar 31, 2016 | RYNVX vs DXNLX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | 1.27% | Nov 28, 2014 | RYNVX vs RMQHX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 1.32% | Nov 27, 2014 | RYNVX vs RMQAX | |
| Direxion Monthly S&P 500 Bull 1.75X Fund | 1.35% | May 1, 2006 | RYNVX vs DXSLX | |
| Direxion Monthly Small Cap Bull 1.75X Fund | 1.35% | Feb 22, 1999 | RYNVX vs DXRLX |
Best Risk-Adjusted Alternatives to RYNVX
Among mutual funds in the Leveraged 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 | |
|---|---|---|---|---|
| ProFunds UltraLatin America Fund | 93 | Oct 15, 2007 | RYNVX vs UBPIX | |
| ProFunds Precious Metals UltraSector Fund | 91 | Jun 2, 2002 | RYNVX vs PMPIX | |
| ProFunds UltraJapan Fund | 87 | Feb 6, 2000 | RYNVX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund | 86 | Jun 18, 2000 | RYNVX vs SMPIX | |
| ProFunds Biotechnology UltraSector Fund | 76 | Jun 18, 2000 | RYNVX vs BIPIX |
Top Performing RYNVX Alternatives (YTD)
RYNVX alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| ProFunds UltraSector Oil & Gas Fund | 62.19% | Jun 18, 2000 | RYNVX vs ENPIX | |
| ProFunds UltraLatin America Fund | 33.79% | Oct 15, 2007 | RYNVX vs UBPIX | |
| ProFunds Basic Materials UltraSector Fund | 11.87% | Sep 3, 2001 | RYNVX vs BMPIX | |
| ProFunds Utilities UltraSector Fund | 11.17% | Jul 25, 2000 | RYNVX vs UTPIX | |
| ProFunds Consumer Goods UltraSector Fund | 7.61% | Jan 29, 2004 | RYNVX vs CNPIX |
Lowest Volatility Alternatives to RYNVX
RYNVX alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| ProFunds Bull Investor Fund | 18.09% | Nov 30, 1997 | RYNVX vs BLPIX | |
| ProFunds Consumer Goods UltraSector Fund | 20.72% | Jan 29, 2004 | RYNVX vs CNPIX | |
| Rydex Europe 1.25x Strategy Fund | 21.55% | May 7, 2000 | RYNVX vs RYEUX | |
| ProFunds Utilities UltraSector Fund | 23.99% | Jul 25, 2000 | RYNVX vs UTPIX | |
| ProFunds Real Estate UltraSector Fund | 24.55% | Jun 18, 2000 | RYNVX vs REPIX |
Lowest Drawdown Alternatives to RYNVX
RYNVX alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| ProFunds Bull Investor Fund | -12.15% | Nov 30, 1997 | RYNVX vs BLPIX | |
| ProFunds Utilities UltraSector Fund | -14.45% | Jul 25, 2000 | RYNVX vs UTPIX | |
| ProFunds Consumer Goods UltraSector Fund | -14.46% | Jan 29, 2004 | RYNVX vs CNPIX | |
| Rydex Europe 1.25x Strategy Fund | -15.24% | May 7, 2000 | RYNVX vs RYEUX | |
| Direxion Monthly NASDAQ-100 Bull 1.25X Fund | -15.93% | Mar 31, 2016 | RYNVX vs DXNLX |
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 NASDAQ-100 2x Strategy Fund | Leveraged Equities, Leveraged | 31 | -18.97% | May 23, 2000 | RYNVX vs RYVYX | |
| Rydex Electronics Fund | Technology Equities | 91 | 1.62% | Mar 31, 1998 | RYNVX vs RYSIX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities, Leveraged | 25 | -15.39% | May 18, 2000 | RYNVX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 21 | -5.94% | Dec 1, 2015 | RYNVX vs RYDAX | |
| Rydex Precious Metals Fund | Precious Metals | 90 | 1.40% | Nov 30, 1993 | RYNVX vs RYPMX | |
| Rydex Russell 2000 Fund | Small Cap Blend Equities | 40 | -3.06% | May 31, 2006 | RYNVX vs RYRRX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities, Leveraged | 2 | 10.70% | Sep 2, 1998 | RYNVX vs RYAIX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 44 | 0.34% | Feb 20, 2004 | RYNVX vs RYCKX | |
| Rydex Government Long Bond 1.2x Strategy Fund | Leveraged Bonds, Leveraged | 5 | -0.94% | Jan 2, 1994 | RYNVX vs RYGBX | |
| Rydex Technology Fund | Technology Equities | 50 | -10.83% | Apr 13, 1998 | RYNVX vs RYTIX |
Often Compared With RYNVX
What investors most often compare with RYNVX, based on PortfoliosLab usage data.
Compare RYNVX with Any Fund or Stock
Compare RYNVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.