RYSOX Alternatives & Similar Mutual Funds

Rydex S&P 500 Fund (RYSOX) belongs to the S&P 500 category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RYSOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to RYSOX

RYSOX charges 1.56% annually. There are 34 mutual funds in the S&P 500 category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
BSPGX	iShares S&P 500 Index Fund Class G	0.01%	—	Jul 2019	RYSOX vs BSPGX
SSSYX	State Street Equity 500 Index Fund Class K	0.02%	—	Sep 2014	RYSOX vs SSSYX
FXAIX	Fidelity 500 Index Fund	0.02%	—	Feb 1988	RYSOX vs FXAIX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	0.02%	349.70B	Jul 1997	RYSOX vs VIIIX
SWPPX	Schwab S&P 500 Index Fund	0.02%	144.34B	May 1997	RYSOX vs SWPPX

Best Risk-Adjusted Alternatives to RYSOX

RYSOX has a PortfoliosLab risk / return rank of 46. There are 31 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 69.

Symbol	Name	Risk / Return Rank	AUM	Inception
VADDX	Invesco Equally-Weighted S&P 500 Fund	69	—	Jul 1997	RYSOX vs VADDX
FXAIX	Fidelity 500 Index Fund	64	—	Feb 1988	RYSOX vs FXAIX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	63	349.70B	Jul 1997	RYSOX vs VIIIX
SWPPX	Schwab S&P 500 Index Fund	63	144.34B	May 1997	RYSOX vs SWPPX
VFIAX	Vanguard 500 Index Fund Admiral Shares	63	1.70T	Nov 2000	RYSOX vs VFIAX

Top Performing RYSOX Alternatives (YTD)

RYSOX is at 8.32% YTD. There are 34 mutual funds in the S&P 500 category with higher YTD returns, going as high as 13.28%.

Symbol	Name	YTD Return	AUM	Inception
VADDX	Invesco Equally-Weighted S&P 500 Fund	13.28%	—	Jul 1997	RYSOX vs VADDX
DXSLX	Direxion Monthly S&P 500 Bull 1.75X Fund	12.36%	—	May 2006	RYSOX vs DXSLX
KNGLX	CBOE Vest S&P 500 Dividend Aristocrats Target Inco...	9.49%	—	Sep 2017	RYSOX vs KNGLX
USPRX	Victory 500 Index Fund	9.38%	—	May 2002	RYSOX vs USPRX
FXAIX	Fidelity 500 Index Fund	9.35%	—	Feb 1988	RYSOX vs FXAIX

Lowest Volatility Alternatives to RYSOX

RYSOX has 12.84% 1-year volatility. There are 4 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 11.38%.

Symbol	Name	Volatility 1Y	AUM	Inception
KNGLX	CBOE Vest S&P 500 Dividend Aristocrats Target Inco...	11.38%	—	Sep 2017	RYSOX vs KNGLX
VADDX	Invesco Equally-Weighted S&P 500 Fund	11.79%	—	Jul 1997	RYSOX vs VADDX
SPFIX	Shelton Capital Management S&P 500 Index Fund	12.80%	—	Apr 1992	RYSOX vs SPFIX
INDEX	CYBER HORNET S&P 500	12.83%	—	Mar 2017	RYSOX vs INDEX
PLSAX	Principal LargeCap S&P 500 Index Fund Class A	12.84%	—	Feb 2001	RYSOX vs PLSAX

Lowest Drawdown Alternatives to RYSOX

RYSOX has a 1-year max drawdown of -9.06%. There are 31 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.88%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
VADDX	Invesco Equally-Weighted S&P 500 Fund	-7.88%	—	Jul 1997	RYSOX vs VADDX
SSSYX	State Street Equity 500 Index Fund Class K	-8.88%	—	Sep 2014	RYSOX vs SSSYX
FXAIX	Fidelity 500 Index Fund	-8.89%	—	Feb 1988	RYSOX vs FXAIX
SWPPX	Schwab S&P 500 Index Fund	-8.89%	144.34B	May 1997	RYSOX vs SWPPX
SPFIX	Shelton Capital Management S&P 500 Index Fund	-8.90%	—	Apr 1992	RYSOX vs SPFIX

Other Mutual Funds from Rydex Funds

The 10 most viewed Rydex Funds mutual funds shown here include RYSIX, RMQAX, RYVYX and span 6 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RYSIX	Rydex Electronics Fund	Technology Equities	84	54.19%	—	Mar 1998	RYSOX vs RYSIX
RMQAX	Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun...	Leveraged Equities	28	16.20%	—	Nov 2014	RYSOX vs RMQAX
RYVYX	Rydex NASDAQ-100 2x Strategy Fund	Leveraged Equities	27	17.04%	—	May 2000	RYSOX vs RYVYX
RYTNX	Rydex S&P 500 2x Strategy Fund	Leveraged Equities	38	13.96%	—	May 2000	RYSOX vs RYTNX
RYGRX	Rydex S&P 500 Pure Growth Fund	Large Cap Growth Equities	21	18.58%	—	Feb 2004	RYSOX vs RYGRX
RYDAX	Rydex Dow Jones Industrial Average Fund	Large Cap Value Equities	52	8.60%	—	Dec 2015	RYSOX vs RYDAX
RYPMX	Rydex Precious Metals Fund	Precious Metals	31	-8.85%	—	Nov 1993	RYSOX vs RYPMX
RYNVX	Rydex Nova Fund	Leveraged Equities	41	11.40%	—	Jul 1993	RYSOX vs RYNVX
RYTIX	Rydex Technology Fund	Technology Equities	52	23.01%	—	Apr 1998	RYSOX vs RYTIX
RYAIX	Rydex Inverse NASDAQ-100 Strategy Fund	Inverse Equities	1	-9.23%	—	Sep 1998	RYSOX vs RYAIX

Often Compared With RYSOX

Investors most often compare RYSOX with GM, SPY, VOO. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GM	General Motors Company		92	9.77%	—	—	RYSOX vs GM
SPY	State Street SPDR S&P 500 ETF	S&P 500	67	10.13%	789.06B	Jan 1993	RYSOX vs SPY
VOO	Vanguard S&P 500 ETF	S&P 500	68	10.16%	1.70T	Sep 2010	RYSOX vs VOO
UPRO	ProShares UltraPro S&P 500	Leveraged Equities, S&P 500	50	21.72%	5.15B	Jun 2009	RYSOX vs UPRO
FDFIX	Fidelity Flex 500 Index Fund	Large Cap Blend Equities	59	9.08%	—	Mar 2017	RYSOX vs FDFIX
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	72	12.34%	34.09B	Nov 2012	RYSOX vs VFV.TO
TRSPX	Nuveen S&P 500 Index Fund Retirement Class	S&P 500	55	9.18%	—	Oct 2002	RYSOX vs TRSPX
BSPIX	iShares S&P 500 Index Fund Institutional Class	S&P 500	60	9.29%	—	Apr 1993	RYSOX vs BSPIX
BSPPX	iShares S&P 500 Index Fund Investor P Shares	S&P 500	56	9.13%	—	Aug 2018	RYSOX vs BSPPX
PLFIX	Principal Large Cap S&P 500 Index Fund Institution...	S&P 500	60	9.30%	—	Mar 2001	RYSOX vs PLFIX
SPIAX	Invesco S&P 500 Index A	S&P 500	55	9.04%	—	Sep 1997	RYSOX vs SPIAX
PUTW	WisdomTree PutWrite Strategy Fund	Derivative Income, S&P 500	—	—	236.88M	Feb 2016	RYSOX vs PUTW
RYRRX	Rydex Russell 2000 Fund	Small Cap Blend Equities	72	18.26%	—	May 2006	RYSOX vs RYRRX
MSXAX	NYLI S&P 500 Index Class A	S&P 500	58	9.05%	—	Jan 2004	RYSOX vs MSXAX
MIEYX	MM S&P 500 Index Fund	S&P 500	56	9.02%	—	Feb 1998	RYSOX vs MIEYX
SCPIX	DWS S&P 500 Index Fund	S&P 500	56	8.90%	—	Aug 1997	RYSOX vs SCPIX
RYCKX	Rydex S&P MidCap 400 Pure Growth Fund	Mid Cap Growth Equities	23	12.35%	—	Feb 2004	RYSOX vs RYCKX
RYURX	Rydex Inverse S&P 500 Strategy Fund	Inverse Equities	0	-6.06%	—	Jan 1994	RYSOX vs RYURX
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	S&P 500	24	6.80%	—	Nov 2005	RYSOX vs SPXX
WFSPX	iShares S&P 500 Index Fund Class K	S&P 500	63	9.34%	—	Jul 1993	RYSOX vs WFSPX

Compare RYSOX with Any Fund or Stock

Compare RYSOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair RYSOX with funds that move differently

Rydex S&P 500 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYSOX.

Explore RYSOX Diversifiers

Rydex S&P 500 Fund (RYSOX) Alternatives