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 22 mutual funds in the Inverse Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 96 | — | Oct 1985 | RYTPX vs DRCVX | |
| ProFunds UltraShort China | 6 | — | Feb 2008 | RYTPX vs UHPIX | |
| Grizzly Short Fund | 1 | — | Jun 2000 | RYTPX vs GRZZX | |
| Rydex Inverse Emerging Markets 2x Strategy Fund | 1 | — | Oct 2010 | RYTPX vs RYWWX | |
| Rydex Inverse Mid-Cap Strategy Fund | 1 | — | Feb 2004 | RYTPX vs RYCLX |
Top Performing RYTPX Alternatives (YTD)
RYTPX is at -16.58% YTD. There are 15 mutual funds in the Inverse Equities category with higher YTD returns, going as high as 30.81%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraShort China | 30.81% | — | Feb 2008 | RYTPX vs UHPIX | |
| Comstock Capital Value Fund | 3.85% | — | Oct 1985 | RYTPX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | -6.95% | — | Jul 2003 | RYTPX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | -7.91% | — | Jan 1994 | RYTPX vs RYURX | |
| Federated Hermes Prudent Bear Fd | -8.18% | — | Dec 1995 | RYTPX vs BEARX |
Lowest Volatility Alternatives to RYTPX
RYTPX has 25.07% 1-year volatility. There are 13 mutual funds in the Inverse Equities category with lower 1-year volatility, going as low as 2.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Comstock Capital Value Fund | 2.85% | — | Oct 1985 | RYTPX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | 12.20% | — | Jul 2003 | RYTPX vs PSTIX | |
| Federated Hermes Prudent Bear Fd | 12.49% | — | Dec 1995 | RYTPX vs BEARX | |
| Rydex Inverse S&P 500 Strategy Fund | 12.49% | — | Jan 1994 | RYTPX vs RYURX | |
| ProFunds Bear Fund | 12.60% | — | Dec 1997 | RYTPX vs BRPIX |
Lowest Drawdown Alternatives to RYTPX
RYTPX has a 1-year max drawdown of -29.99%. There are 11 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 | |
| PIMCO StocksPLUS Short Fund | -15.05% | — | Jul 2003 | RYTPX vs PSTIX | |
| Grizzly Short Fund | -15.84% | — | Jun 2000 | RYTPX vs GRZZX | |
| Rydex Inverse S&P 500 Strategy Fund | -16.08% | — | Jan 1994 | RYTPX vs RYURX | |
| ProFunds Bear Fund | -16.15% | — | Dec 1997 | RYTPX vs BRPIX |
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 | |
|---|---|---|---|---|---|---|---|
| Rydex Electronics Fund | Technology Equities | 91 | 70.62% | — | Mar 1998 | RYTPX vs RYSIX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | Leveraged Equities | 40 | 28.94% | — | Nov 2014 | RYTPX vs RMQAX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 39 | 29.75% | — | May 2000 | RYTPX vs RYVYX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 46 | 18.42% | — | May 2000 | RYTPX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 48 | 9.59% | — | Dec 2015 | RYTPX vs RYDAX | |
| Rydex S&P 500 Pure Growth Fund | Large Cap Growth Equities | 36 | 25.11% | — | Feb 2004 | RYTPX vs RYGRX | |
| Rydex Precious Metals Fund | Precious Metals | 19 | -11.21% | — | Nov 1993 | RYTPX vs RYPMX | |
| Rydex Nova Fund | Leveraged Equities | 49 | 14.63% | — | Jul 1993 | RYTPX vs RYNVX | |
| Rydex Technology Fund | Technology Equities | 58 | 27.50% | — | Apr 1998 | RYTPX vs RYTIX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 33 | 14.75% | — | Feb 2004 | RYTPX vs RYCKX |
Often Compared With RYTPX
Investors most often compare RYTPX with URPIX, FXAIX, RYRRX. These 20 comparison targets span 7 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