Rydex Precious Metals Fund (RYPMX) belongs to the Precious Metals category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RYPMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYPMX
RYPMX charges 1.26% annually. There are 16 mutual funds in the Precious Metals category with lower expense ratios, going as low as 0.45%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| USCF Gold Strategy Plus Income Fund | 0.45% | — | Nov 2021 | RYPMX vs USG | |
| Sprott Physical Gold and Silver Trust | 0.48% | — | Jan 2018 | RYPMX vs CEF | |
| Franklin Gold and Precious Metals Fund Class R6 | 0.54% | — | May 2013 | RYPMX vs FGPMX | |
| Fidelity Advisor Gold Fund Class Z | 0.60% | — | Dec 1985 | RYPMX vs FIJDX | |
| Franklin Gold and Precious Metals Fund Advisor Cla... | 0.62% | — | Apr 2010 | RYPMX vs FGADX |
Best Risk-Adjusted Alternatives to RYPMX
RYPMX has a PortfoliosLab risk / return rank of 24. There are 11 mutual funds in the Precious Metals category with higher risk-adjusted ranks, going as high as 46.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| U.S. Global Investors World Precious Minerals Fund | 46 | — | Nov 1985 | RYPMX vs UNWPX | |
| Franklin Gold and Precious Metals Fund Class R6 | 35 | — | May 2013 | RYPMX vs FGPMX | |
| Franklin Gold and Precious Metals Fund Advisor Cla... | 35 | — | Apr 2010 | RYPMX vs FGADX | |
| Franklin Gold and Precious Metals Fund | 34 | — | May 1969 | RYPMX vs FKRCX | |
| OCM Gold Atlas | 29 | — | Mar 2010 | RYPMX vs OCMAX |
Top Performing RYPMX Alternatives (YTD)
RYPMX is at -1.56% YTD. There are 5 mutual funds in the Precious Metals category with higher YTD returns, going as high as 7.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| U.S. Global Investors World Precious Minerals Fund | 7.34% | — | Nov 1985 | RYPMX vs UNWPX | |
| VanEck International Investors Gold Fund | 0.65% | — | Feb 1956 | RYPMX vs INIVX | |
| OCM Gold Atlas | 0.32% | — | Mar 2010 | RYPMX vs OCMAX | |
| OCM Gold Fund | 0.07% | — | Feb 1988 | RYPMX vs OCMGX | |
| Midas Fund | -0.86% | — | Jan 1986 | RYPMX vs MIDSX |
Lowest Volatility Alternatives to RYPMX
RYPMX has 47.79% 1-year volatility. There are 26 mutual funds in the Precious Metals category with lower 1-year volatility, going as low as 24.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| USCF Gold Strategy Plus Income Fund | 24.33% | — | Nov 2021 | RYPMX vs USG | |
| Sprott Physical Gold and Silver Trust | 39.22% | — | Jan 2018 | RYPMX vs CEF | |
| First Eagle Gold Fund Class I | 39.83% | — | Aug 1993 | RYPMX vs FEGIX | |
| First Eagle Gold Fund | 39.83% | — | Aug 1993 | RYPMX vs SGGDX | |
| First Eagle Gold Fund Class R6 | 39.83% | — | Mar 2017 | RYPMX vs FEURX |
Lowest Drawdown Alternatives to RYPMX
RYPMX has a 1-year max drawdown of -35.22%. There are 17 mutual funds in the Precious Metals category with shallower 1-year drawdowns, going as shallow as -22.96%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| USCF Gold Strategy Plus Income Fund | -22.96% | — | Nov 2021 | RYPMX vs USG | |
| U.S. Global Investors World Precious Minerals Fund | -29.02% | — | Nov 1985 | RYPMX vs UNWPX | |
| Sprott Physical Gold and Silver Trust | -30.21% | — | Jan 2018 | RYPMX vs CEF | |
| EuroPac Gold Fund | -30.77% | — | Jul 2013 | RYPMX vs EPGFX | |
| OCM Gold Atlas | -31.28% | — | Mar 2010 | RYPMX vs OCMAX |
Other Mutual Funds from Rydex Funds
The 10 most viewed Rydex Funds mutual funds shown here include RMQAX, RYSIX, RYVYX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | Leveraged Equities | 62 | 37.04% | — | Nov 2014 | RYPMX vs RMQAX | |
| Rydex Electronics Fund | Technology Equities | 97 | 98.05% | — | Mar 1998 | RYPMX vs RYSIX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 62 | 38.32% | — | May 2000 | RYPMX vs RYVYX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 49 | 15.80% | — | May 2000 | RYPMX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 43 | 7.64% | — | Dec 2015 | RYPMX vs RYDAX | |
| Rydex S&P 500 Pure Growth Fund | Large Cap Growth Equities | 66 | 35.24% | — | Feb 2004 | RYPMX vs RYGRX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 51 | 21.97% | — | Feb 2004 | RYPMX vs RYCKX | |
| Rydex Technology Fund | Technology Equities | 75 | 33.76% | — | Apr 1998 | RYPMX vs RYTIX | |
| Rydex Inverse S&P 500 Strategy Fund | Inverse Equities | 0 | -7.00% | — | Jan 1994 | RYPMX vs RYURX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities | 0 | -16.95% | — | Sep 1998 | RYPMX vs RYAIX |
Often Compared With RYPMX
Investors most often compare RYPMX with OLGAX, SPY, RYGBX. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare RYPMX with Any Fund or Stock
Compare RYPMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYPMX with funds that move differently
Rydex Precious Metals Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYPMX.
Explore RYPMX Diversifiers