Rydex Technology Fund (RYTIX) belongs to the Technology Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RYTIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYTIX
RYTIX charges 1.36% annually. There are 56 mutual funds in the Technology Equities category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Communication Services Index Fund Admiral... | 0.10% | 6.30B | Mar 2005 | RYTIX vs VTCAX | |
| Vanguard Information Technology Index Fund Admiral... | 0.10% | 144.20B | Mar 2004 | RYTIX vs VITAX | |
| Franklin DynaTech Fund Class R6 | 0.48% | — | Jun 2013 | RYTIX vs FDTRX | |
| Alger AI Enablers & Adopters Z | 0.55% | — | Apr 2024 | RYTIX vs AAIZX | |
| Fidelity Advisor Technology Fund Class Z | 0.59% | — | Oct 2018 | RYTIX vs FIKHX |
Best Risk-Adjusted Alternatives to RYTIX
RYTIX has a PortfoliosLab risk / return rank of 86. There are 22 mutual funds in the Technology Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ARK Venture Fund | 98 | — | Sep 2022 | RYTIX vs ARKVX | |
| Fidelity Select Tech Hardware Portfolio | 98 | — | Jul 1985 | RYTIX vs FDCPX | |
| Columbia Seligman Premium Technology Growth Closed... | 98 | — | Nov 2009 | RYTIX vs STK | |
| Rydex Electronics Fund | 97 | — | Mar 1998 | RYTIX vs RYSIX | |
| Fidelity Advisor Semiconductors Fund Class Z | 97 | — | Oct 2018 | RYTIX vs FIKGX |
Top Performing RYTIX Alternatives (YTD)
RYTIX is at 38.26% YTD. There are 25 mutual funds in the Technology Equities category with higher YTD returns, going as high as 80.20%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Select Tech Hardware Portfolio | 80.20% | — | Jul 1985 | RYTIX vs FDCPX | |
| Rydex Electronics Fund | 79.10% | — | Mar 1998 | RYTIX vs RYSIX | |
| Fidelity Select Semiconductors Portfolio | 74.49% | — | Jul 1985 | RYTIX vs FSELX | |
| Fidelity Advisor Semiconductors Fund Class Z | 73.94% | — | Oct 2018 | RYTIX vs FIKGX | |
| Fidelity Advisor Semiconductors Fund Class I | 73.86% | — | Dec 2000 | RYTIX vs FELIX |
Lowest Volatility Alternatives to RYTIX
RYTIX has 22.29% 1-year volatility. There are 37 mutual funds in the Technology Equities category with lower 1-year volatility, going as low as 14.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Global Content & Connectivity Fund Class I | 14.02% | — | Nov 1993 | RYTIX vs GTTIX | |
| Towpath Technology Fund | 14.66% | — | Feb 2021 | RYTIX vs TOWTX | |
| Vanguard Communication Services Index Fund Admiral... | 15.33% | 6.30B | Mar 2005 | RYTIX vs VTCAX | |
| Saratoga Technology & Communications Portfolio | 16.55% | — | Oct 1997 | RYTIX vs STPAX | |
| Virtus Artificial Intelligence & Technology Opport... | 17.87% | — | Oct 2019 | RYTIX vs AIO |
Lowest Drawdown Alternatives to RYTIX
RYTIX has a 1-year max drawdown of -15.67%. There are 32 mutual funds in the Technology Equities category with shallower 1-year drawdowns, going as shallow as -8.14%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ARK Venture Fund | -8.14% | — | Sep 2022 | RYTIX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | -9.08% | — | Nov 1993 | RYTIX vs GTTIX | |
| Fidelity Select Tech Hardware Portfolio | -9.68% | — | Jul 1985 | RYTIX vs FDCPX | |
| Nationwide NYSE Arca Tech 100 Index Fund | -10.18% | — | Jun 1996 | RYTIX vs NWJCX | |
| Black Oak Emerging Technology Fund | -11.04% | — | Dec 2000 | RYTIX vs BOGSX |
Other Mutual Funds from Rydex Funds
The 10 most viewed Rydex Funds mutual funds shown here include RMQAX, RYVYX, RYTNX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | Leveraged Equities | 67 | 38.84% | — | Nov 2014 | RYTIX vs RMQAX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 68 | 41.05% | — | May 2000 | RYTIX vs RYVYX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 59 | 20.21% | — | May 2000 | RYTIX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 35 | 6.28% | — | Dec 2015 | RYTIX vs RYDAX | |
| Rydex Precious Metals Fund | Precious Metals | 40 | 6.10% | — | Nov 1993 | RYTIX vs RYPMX | |
| Rydex Inverse S&P 500 Strategy Fund | Inverse Equities | 0 | -8.61% | — | Jan 1994 | RYTIX vs RYURX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities | 0 | -17.12% | — | Sep 1998 | RYTIX vs RYAIX | |
| Rydex Nova Fund | Leveraged Equities | 62 | 15.77% | — | Jul 1993 | RYTIX vs RYNVX | |
| Rydex Russell 2000 Fund | Small Cap Blend Equities | 55 | 16.80% | — | May 2006 | RYTIX vs RYRRX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 42 | 19.54% | — | Feb 2004 | RYTIX vs RYCKX |
Often Compared With RYTIX
Investors most often compare RYTIX with FNWFX, XLK, QQQ. These 18 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare RYTIX with Any Fund or Stock
Compare RYTIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYTIX with funds that move differently
Rydex Technology Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYTIX.
Explore RYTIX Diversifiers