Rydex S&P 500 2x Strategy Fund (RYTNX) 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 RYTNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYTNX
RYTNX charges 1.82% annually. There are 37 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 | RYTNX vs DXNLX | |
| Rydex Nova Fund | 1.23% | — | Jul 1993 | RYTNX vs RYNVX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | 1.27% | — | Nov 2014 | RYTNX vs RMQHX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | 1.32% | — | Nov 2014 | RYTNX vs RMQAX | |
| Direxion Monthly Small Cap Bull 1.75X Fund | 1.35% | — | Feb 1999 | RYTNX vs DXRLX |
Best Risk-Adjusted Alternatives to RYTNX
RYTNX has a PortfoliosLab risk / return rank of 38. There are 20 mutual funds in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Pharmaceuticals UltraSector Fund | 95 | — | Jun 2000 | RYTNX vs PHPIX | |
| ProFunds Biotechnology UltraSector Fund | 94 | — | Jun 2000 | RYTNX vs BIPIX | |
| ProFunds UltraJapan Fund | 88 | — | Feb 2000 | RYTNX vs UJPIX | |
| ProFunds UltraLatin America Fund | 85 | — | Oct 2007 | RYTNX vs UBPIX | |
| Direxion Monthly Small Cap Bull 1.75X Fund | 71 | — | Feb 1999 | RYTNX vs DXRLX |
Top Performing RYTNX Alternatives (YTD)
RYTNX is at 13.96% YTD. There are 27 mutual funds in the Leveraged Equities category with higher YTD returns, going as high as 51.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraJapan Fund | 51.04% | — | Feb 2000 | RYTNX vs UJPIX | |
| ProFunds UltraSector Oil & Gas Fund | 48.84% | — | Jun 2000 | RYTNX vs ENPIX | |
| ProFunds Semiconductor UltraSector Fund Investor C... | 39.91% | — | Jun 2000 | RYTNX vs SMPIX | |
| Rydex Japan 2x Strategy Fund | 39.60% | — | Feb 2008 | RYTNX vs RYJSX | |
| ProFunds UltraLatin America Fund | 37.71% | — | Oct 2007 | RYTNX vs UBPIX |
Lowest Volatility Alternatives to RYTNX
RYTNX has 25.67% 1-year volatility. There are 15 mutual funds in the Leveraged Equities category with lower 1-year volatility, going as low as 12.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds Bull Investor Fund | 12.85% | — | Nov 1997 | RYTNX vs BLPIX | |
| Rydex Nova Fund | 19.30% | — | Jul 1993 | RYTNX vs RYNVX | |
| Rydex Europe 1.25x Strategy Fund | 20.27% | — | May 2000 | RYTNX vs RYEUX | |
| ProFunds Consumer Goods UltraSector Fund | 21.15% | — | Jan 2004 | RYTNX vs CNPIX | |
| ProFunds Real Estate UltraSector Fund | 21.64% | — | Jun 2000 | RYTNX vs REPIX |
Lowest Drawdown Alternatives to RYTNX
RYTNX has a 1-year max drawdown of -18.43%. There are 17 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 | RYTNX vs BLPIX | |
| ProFunds Real Estate UltraSector Fund | -12.68% | — | Jun 2000 | RYTNX vs REPIX | |
| Rydex Mid-Cap 1.5x Strategy Fund | -13.50% | — | Aug 2001 | RYTNX vs RYMDX | |
| Rydex Nova Fund | -13.84% | — | Jul 1993 | RYTNX vs RYNVX | |
| ProFunds Consumer Goods UltraSector Fund | -14.47% | — | Jan 2004 | RYTNX vs CNPIX |
Other Mutual Funds from Rydex Funds
The 10 most viewed Rydex Funds mutual funds shown here include RYSIX, RYVYX, RYGRX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Rydex Electronics Fund | Technology Equities | 84 | 54.19% | — | Mar 1998 | RYTNX vs RYSIX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 27 | 17.04% | — | May 2000 | RYTNX vs RYVYX | |
| Rydex S&P 500 Pure Growth Fund | Large Cap Growth Equities | 21 | 18.58% | — | Feb 2004 | RYTNX vs RYGRX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 52 | 8.60% | — | Dec 2015 | RYTNX vs RYDAX | |
| Rydex Precious Metals Fund | Precious Metals | 31 | -8.85% | — | Nov 1993 | RYTNX vs RYPMX | |
| Rydex Technology Fund | Technology Equities | 52 | 23.01% | — | Apr 1998 | RYTNX vs RYTIX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | Inverse Equities | 1 | -9.23% | — | Sep 1998 | RYTNX vs RYAIX | |
| Rydex Inverse S&P 500 Strategy Fund | Inverse Equities | 0 | -6.06% | — | Jan 1994 | RYTNX vs RYURX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 23 | 12.35% | — | Feb 2004 | RYTNX vs RYCKX | |
| Rydex Russell 2000 Fund | Small Cap Blend Equities | 72 | 18.26% | — | May 2006 | RYTNX vs RYRRX |
Often Compared With RYTNX
Investors most often compare RYTNX with DXSLX, FCNKX, IWB. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare RYTNX with Any Fund or Stock
Compare RYTNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYTNX with funds that move differently
Rydex S&P 500 2x Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYTNX.
Explore RYTNX Diversifiers