- ISIN
- US78356A6819
- CUSIP
- 78356A681
- Issuer
- Rydex Funds
- Inception Date
- May 31, 2006
- Category
- Small Cap Blend Equities
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
RYRRX Performance Chart
Rydex Russell 2000 Fund (RYRRX) is up 18.0% since the beginning of the year. RYRRX is currently trading at $70 per share. Investors who bought $1,000 worth of RYRRX shares 5 years ago would now be looking at an investment worth $1,270.
Loading charts...
Returns By Period
Rydex Russell 2000 Fund (RYRRX) has returned 17.99% so far this year and 36.99% over the past 12 months. Over the last ten years, RYRRX has returned 9.25% per year, falling short of the S&P 500 Index benchmark, which averaged 13.33% annually.
Rydex Russell 2000 Fund
- 1D
- 1.47%
- 1M
- 3.31%
- YTD
- 17.99%
- 6M
- 16.12%
- 1Y
- 36.99%
- 3Y*
- 17.23%
- 5Y*
- 4.89%
- 10Y*
- 9.25%
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.64%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- 23.05%
- 3Y*
- 19.90%
- 5Y*
- 11.79%
- 10Y*
- 13.33%
RYRRX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2007, RYRRX's average daily return is +0.04%, while the average monthly return is +0.72%. At this rate, an investment would double in approximately 8.1 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +18.3%, while the worst month was Mar 2020 at -22.1%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, RYRRX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +9.5%, while the worst single day was Mar 16, 2020 at -14.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.23% | 0.53% | -5.20% | 12.07% | 4.42% | 0.55% | 17.99% | ||||||
| 2025 | 2.42% | -5.39% | -6.99% | -2.39% | 5.18% | 5.29% | 1.57% | 7.01% | 2.99% | 1.62% | 0.84% | -0.77% | 10.88% |
| 2024 | -4.02% | 5.48% | 3.45% | -7.14% | 4.88% | -1.09% | 10.14% | -1.67% | 0.57% | -1.58% | 10.84% | -8.47% | 9.72% |
| 2023 | 9.64% | -1.80% | -4.88% | -1.91% | -1.06% | 7.95% | 5.98% | -5.13% | -6.01% | -6.94% | 8.91% | 12.07% | 15.17% |
| 2022 | -9.73% | 0.97% | 1.12% | -10.03% | -0.00% | -8.36% | 10.27% | -2.19% | -9.70% | 10.91% | 2.17% | -6.64% | -21.70% |
| 2021 | 4.92% | 6.10% | 0.90% | 1.96% | 0.05% | 1.78% | -3.74% | 2.10% | -3.06% | 4.10% | -4.29% | 2.28% | 13.23% |
Benchmark Metrics
Rydex Russell 2000 Fund has an annualized alpha of -2.46%, beta of 1.15, and R2 of 0.81 versus S&P 500 Index. Calculated based on daily prices since January 04, 2007.
- This fund participated in 117.97% of S&P 500 Index downside but only 109.64% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -2.46% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -2.46%
- Beta
- 1.15
- R²
- 0.81
- Upside Capture
- 109.64%
- Downside Capture
- 117.97%
Expense Ratio
RYRRX has a high expense ratio of 1.60%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
RYRRX ranks 57 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Rydex Russell 2000 Fund (RYRRX) and compare them to S&P 500 Index.
| RYRRX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.36 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.45 | 2.69 | +0.76 |
| Martin ratioReturn relative to average drawdown | 12.18 | 12.34 | -0.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Rydex Russell 2000 Fund provided a 0.55% dividend yield over the last twelve months, with an annual payout of $0.39 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.39 | $0.39 | $0.55 | $0.09 | $0.00 | $7.06 | $0.00 | $0.68 | $0.00 | $2.11 | $0.00 | $0.91 |
Dividend yield | 0.55% | 0.65% | 1.02% | 0.19% | 0.00% | 12.84% | 0.00% | 1.46% | 0.00% | 4.82% | 0.00% | 2.66% |
Monthly Dividends
The table displays the monthly dividend distributions for Rydex Russell 2000 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.39 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.55 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $7.06 | $7.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Rydex Russell 2000 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Rydex Russell 2000 Fund was 60.36%, occurring on Mar 9, 2009. Recovery took 962 trading sessions.
The current Rydex Russell 2000 Fund drawdown is 0.03%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -60.36%Mar 2009 | 1y 7mo | 3y 10mo | 5y 5moJul 2007 - Jan 2013 |
COVID crash2020 | -42.84%Mar 2020 | 1y 6mo | 8mo 3d | 2y 2moAug 2018 - Nov 2020 |
2023 bear market2023 | -33.02%Oct 2023 | 1y 11mo | 1y 10mo | 3y 10moNov 2021 - Sep 2025 |
2016 bear market2016 | -26.65%Feb 2016 | 7mo 22d | 9mo 10d | 1y 4moJun 2015 - Nov 2016 |
2014 correction2014 | -13.22%Oct 2014 | 7mo 12d | 2mo 14d | 9mo 26dMar 2014 - Dec 2014 |
Drawdown Indicators
| RYRRX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.36% | -56.78% | -3.58% |
Max Drawdown (1Y)Largest decline over 1 year | -11.43% | -9.10% | -2.33% |
Max Drawdown (3Y)Largest decline over 3 years | -28.03% | -18.90% | -9.13% |
Max Drawdown (5Y)Largest decline over 5 years | -33.02% | -25.43% | -7.59% |
Max Drawdown (10Y)Largest decline over 10 years | -42.84% | -33.92% | -8.92% |
Current DrawdownCurrent decline from peak | -0.03% | -2.97% | +2.94% |
Average DrawdownAverage peak-to-trough decline | -12.22% | -10.72% | -1.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 1.97% | +1.26% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with RYRRX
Add Rydex Russell 2000 Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with RYRRX