Rydex Russell 2000 2x Strategy Fund (RYRUX) 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 RYRUX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYRUX
RYRUX charges 1.86% annually. There are 39 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 | RYRUX vs DXNLX | |
| Rydex Nova Fund | 1.23% | — | Jul 1993 | RYRUX vs RYNVX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | 1.27% | — | Nov 2014 | RYRUX vs RMQHX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 1.32% | — | Nov 2014 | RYRUX vs RMQAX | |
| Direxion Monthly S&P 500 Bull 1.75X Fund | 1.35% | — | May 2006 | RYRUX vs DXSLX |
Best Risk-Adjusted Alternatives to RYRUX
RYRUX has a PortfoliosLab risk / return rank of 60. There are 9 mutual funds in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Biotechnology UltraSector Fund | 94 | — | Jun 2000 | RYRUX vs BIPIX | |
| ProFunds UltraJapan Fund | 93 | — | Feb 2000 | RYRUX vs UJPIX | |
| ProFunds Pharmaceuticals UltraSector Fund | 92 | — | Jun 2000 | RYRUX vs PHPIX | |
| ProFunds UltraLatin America Fund | 78 | — | Oct 2007 | RYRUX vs UBPIX | |
| Rydex Japan 2x Strategy Fund | 73 | — | Feb 2008 | RYRUX vs RYJSX |
Top Performing RYRUX Alternatives (YTD)
RYRUX is at 37.75% YTD. There are 6 mutual funds in the Leveraged Equities category with higher YTD returns, going as high as 71.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 71.77% | — | Feb 2000 | RYRUX vs UJPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 58.51% | — | Jun 2000 | RYRUX vs SMPIX | |
| Rydex Japan 2x Strategy Fund | 53.96% | — | Feb 2008 | RYRUX vs RYJSX | |
| ProFunds Biotechnology UltraSector Fund | 40.06% | — | Jun 2000 | RYRUX vs BIPIX | |
| ProFunds UltraSector Oil & Gas Fund | 39.97% | — | Jun 2000 | RYRUX vs ENPIX |
Lowest Volatility Alternatives to RYRUX
RYRUX has 38.95% 1-year volatility. There are 34 mutual funds in the Leveraged Equities category with lower 1-year volatility, going as low as 12.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | 12.54% | — | Nov 1997 | RYRUX vs BLPIX | |
| Rydex Nova Fund | 18.85% | — | Jul 1993 | RYRUX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | 20.15% | — | Jan 2004 | RYRUX vs CNPIX | |
| Rydex Europe 1.25x Strategy Fund | 20.23% | — | May 2000 | RYRUX vs RYEUX | |
| Communication Services UltraSector ProFund | 20.71% | — | Jun 2000 | RYRUX vs WCPIX |
Lowest Drawdown Alternatives to RYRUX
RYRUX has a 1-year max drawdown of -22.39%. There are 27 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 | RYRUX vs BLPIX | |
| ProFunds Real Estate UltraSector Fund | -12.68% | — | Jun 2000 | RYRUX vs REPIX | |
| Rydex Mid-Cap 1.5x Strategy Fund | -13.50% | — | Aug 2001 | RYRUX vs RYMDX | |
| Rydex Nova Fund | -13.84% | — | Jul 1993 | RYRUX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | -14.47% | — | Jan 2004 | RYRUX vs CNPIX |
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 | 91 | 70.62% | — | Mar 1998 | RYRUX vs RYSIX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 39 | 29.75% | — | May 2000 | RYRUX vs RYVYX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 46 | 18.42% | — | May 2000 | RYRUX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 48 | 9.59% | — | Dec 2015 | RYRUX vs RYDAX | |
| Rydex S&P 500 Pure Growth Fund | Large Cap Growth Equities | 36 | 25.11% | — | Feb 2004 | RYRUX vs RYGRX | |
| Rydex Precious Metals Fund | Precious Metals | 19 | -11.21% | — | Nov 1993 | RYRUX vs RYPMX | |
| Rydex Inverse S&P 500 Strategy Fund | Inverse Equities | 0 | -7.91% | — | Jan 1994 | RYRUX vs RYURX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities | 0 | -14.53% | — | Sep 1998 | RYRUX vs RYAIX | |
| Rydex Technology Fund | Technology Equities | 58 | 27.50% | — | Apr 1998 | RYRUX vs RYTIX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 33 | 14.75% | — | Feb 2004 | RYRUX vs RYCKX |
Often Compared With RYRUX
Investors most often compare RYRUX with XMMO, UTPIX, SDCI. These 20 comparison targets span 18 categories, based on PortfoliosLab usage data.
Compare RYRUX with Any Fund or Stock
Compare RYRUX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYRUX with funds that move differently
Rydex Russell 2000 2x Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYRUX.
Explore RYRUX Diversifiers