Rydex Inverse S&P 500 2x Strategy Fund (RYTPX) belongs to the Inverse Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RYTPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYTPX
RYTPX charges 2.16% annually. There are 20 mutual funds in the Inverse Equities category with lower expense ratios, going as low as 0.64%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| PIMCO StocksPLUS Short Fund | 0.64% | — | Jul 2003 | RYTPX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | 1.49% | — | Jan 1994 | RYTPX vs RYURX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | 1.55% | — | Sep 1998 | RYTPX vs RYAIX | |
| Grizzly Short Fund | 1.61% | — | Jun 2000 | RYTPX vs GRZZX | |
| ProFunds Bear Fund | 1.64% | — | Dec 1997 | RYTPX vs BRPIX |
Best Risk-Adjusted Alternatives to RYTPX
RYTPX has a PortfoliosLab risk / return rank of 0. There are 17 mutual funds in the Inverse Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 97 | — | Oct 1985 | RYTPX vs DRCVX | |
| ProFunds UltraShort China | 2 | — | Feb 2008 | RYTPX vs UHPIX | |
| Grizzly Short Fund | 1 | — | Jun 2000 | RYTPX vs GRZZX | |
| ProFunds Ultra Short International Fund | 0 | — | Apr 2006 | RYTPX vs UXPIX | |
| ProFunds Ultra Short Emerging Market Fund | 0 | — | Apr 2006 | RYTPX vs UVPIX |
Top Performing RYTPX Alternatives (YTD)
RYTPX is at -17.63% YTD. There are 15 mutual funds in the Inverse Equities category with higher YTD returns, going as high as 18.01%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraShort China | 18.01% | — | Feb 2008 | RYTPX vs UHPIX | |
| Comstock Capital Value Fund | 3.17% | — | Oct 1985 | RYTPX vs DRCVX | |
| Grizzly Short Fund | -6.05% | — | Jun 2000 | RYTPX vs GRZZX | |
| PIMCO StocksPLUS Short Fund | -8.07% | — | Jul 2003 | RYTPX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | -8.72% | — | Jan 1994 | RYTPX vs RYURX |
Lowest Volatility Alternatives to RYTPX
RYTPX has 23.70% 1-year volatility. There are 11 mutual funds in the Inverse Equities category with lower 1-year volatility, going as low as 3.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 3.02% | — | Oct 1985 | RYTPX vs DRCVX | |
| Federated Hermes Prudent Bear Fd | 11.32% | — | Dec 1995 | RYTPX vs BEARX | |
| PIMCO StocksPLUS Short Fund | 11.55% | — | Jul 2003 | RYTPX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | 11.79% | — | Jan 1994 | RYTPX vs RYURX | |
| ProFunds Bear Fund | 11.94% | — | Dec 1997 | RYTPX vs BRPIX |
Lowest Drawdown Alternatives to RYTPX
RYTPX has a 1-year max drawdown of -35.82%. There are 14 mutual funds in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -0.89%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | -0.89% | — | Oct 1985 | RYTPX vs DRCVX | |
| Grizzly Short Fund | -13.89% | — | Jun 2000 | RYTPX vs GRZZX | |
| PIMCO StocksPLUS Short Fund | -15.41% | — | Jul 2003 | RYTPX vs PSTIX | |
| Rydex Inverse Mid-Cap Strategy Fund | -16.44% | — | Feb 2004 | RYTPX vs RYCLX | |
| Rydex Inverse S&P 500 Strategy Fund | -18.35% | — | Jan 1994 | RYTPX vs RYURX |
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 | 67 | 40.14% | — | Nov 2014 | RYTPX vs RMQAX | |
| Rydex Electronics Fund | Technology Equities | 97 | 87.82% | — | Mar 1998 | RYTPX vs RYSIX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 67 | 42.38% | — | May 2000 | RYTPX vs RYVYX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 58 | 20.51% | — | May 2000 | RYTPX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 37 | 6.79% | — | Dec 2015 | RYTPX vs RYDAX | |
| Rydex Precious Metals Fund | Precious Metals | 34 | 7.46% | — | Nov 1993 | RYTPX vs RYPMX | |
| Rydex Technology Fund | Technology Equities | 87 | 40.06% | — | Apr 1998 | RYTPX vs RYTIX | |
| Rydex Nova Fund | Leveraged Equities | 61 | 16.00% | — | Jul 1993 | RYTPX vs RYNVX | |
| Rydex Russell 2000 Fund | Small Cap Blend Equities | 58 | 17.86% | — | May 2006 | RYTPX vs RYRRX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 44 | 20.27% | — | Feb 2004 | RYTPX vs RYCKX |
Often Compared With RYTPX
Investors most often compare RYTPX with URPIX, FXAIX, RYVNX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare RYTPX with Any Fund or Stock
Compare RYTPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYTPX with funds that move differently
Rydex Inverse S&P 500 2x Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYTPX.
Explore RYTPX Diversifiers