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 | |
|---|---|---|---|---|---|
| iShares S&P 500 Index Fund Class G | 0.01% | — | Jul 2019 | RYSOX vs BSPGX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | RYSOX vs SSSYX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 355.20B | Jul 1997 | RYSOX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 143.85B | May 1997 | RYSOX vs SWPPX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | RYSOX vs FXAIX |
Best Risk-Adjusted Alternatives to RYSOX
RYSOX has a PortfoliosLab risk / return rank of 56. There are 30 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 67.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust S&P 500 Index ... | 67 | — | Dec 2013 | RYSOX vs SPINX | |
| Fidelity 500 Index Fund | 66 | — | Feb 1988 | RYSOX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 66 | 355.20B | Jul 1997 | RYSOX vs VIIIX | |
| State Street Equity 500 Index Fund Class K | 66 | — | Sep 2014 | RYSOX vs SSSYX | |
| Vanguard Institutional Index Fund Institutional Sh... | 66 | 355.20B | Jul 1990 | RYSOX vs VINIX |
Top Performing RYSOX Alternatives (YTD)
RYSOX is at 9.35% YTD. There are 32 mutual funds in the S&P 500 category with higher YTD returns, going as high as 14.48%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 14.48% | — | May 2006 | RYSOX vs DXSLX | |
| Victory 500 Index Fund | 10.43% | — | May 2002 | RYSOX vs USPRX | |
| Vanguard Institutional Index Fund Institutional Pl... | 10.19% | 355.20B | Jul 1997 | RYSOX vs VIIIX | |
| Fidelity 500 Index Fund | 10.19% | — | Feb 1988 | RYSOX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 10.18% | — | Sep 2014 | RYSOX vs SSSYX |
Lowest Volatility Alternatives to RYSOX
RYSOX has 12.46% 1-year volatility. There are 7 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 9.27%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 9.27% | 236.88M | Feb 2016 | RYSOX vs PUTW | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 10.84% | — | Sep 2017 | RYSOX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.90% | — | Jul 1997 | RYSOX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.42% | — | Apr 1992 | RYSOX vs SPFIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | 12.42% | — | Nov 2005 | RYSOX vs SPXX |
Lowest Drawdown Alternatives to RYSOX
RYSOX has a 1-year max drawdown of -9.06%. There are 32 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | -7.15% | 236.88M | Feb 2016 | RYSOX vs PUTW | |
| Invesco Equally-Weighted S&P 500 Fund | -7.88% | — | Jul 1997 | RYSOX vs VADDX | |
| State Street Equity 500 Index Fund Class K | -8.88% | — | Sep 2014 | RYSOX vs SSSYX | |
| Schwab S&P 500 Index Fund | -8.89% | 143.85B | May 1997 | RYSOX vs SWPPX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | RYSOX vs FXAIX |
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 | 61 | 37.58% | — | Nov 2014 | RYSOX vs RMQAX | |
| Rydex Electronics Fund | Technology Equities | 96 | 94.06% | — | Mar 1998 | RYSOX vs RYSIX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 61 | 38.86% | — | May 2000 | RYSOX vs RYVYX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 49 | 16.67% | — | May 2000 | RYSOX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 42 | 7.34% | — | Dec 2015 | RYSOX vs RYDAX | |
| Rydex Precious Metals Fund | Precious Metals | 25 | 0.29% | — | Nov 1993 | RYSOX vs RYPMX | |
| Rydex S&P 500 Pure Growth Fund | Large Cap Growth Equities | 62 | 33.25% | — | Feb 2004 | RYSOX vs RYGRX | |
| Rydex Inverse S&P 500 Strategy Fund | Inverse Equities | 0 | -7.37% | — | Jan 1994 | RYSOX vs RYURX | |
| Rydex Technology Fund | Technology Equities | 73 | 33.67% | — | Apr 1998 | RYSOX vs RYTIX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities | 0 | -17.13% | — | Sep 1998 | RYSOX vs RYAIX |
Often Compared With RYSOX
Investors most often compare RYSOX with GM, SPY, VOO. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare RYSOX with Any Fund or Stock
Compare RYSOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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