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Rydex NASDAQ-100 2x Strategy Fund (RYVYX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 1, 2026
Documentation

The investment seeks to provide investment results that match, before fees and expenses, 200% of the performance of the NASDAQ-100 Index® on a daily basis. The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform similarly to the securities of companies in the underlying index. The fund is non-diversified.

Looking to diversify beyond RYVYX? The mutual funds below have historically moved differently from RYVYX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for RYVYX

7 mutual funds have low correlation with RYVYX (below 0.3), 2 of which are negatively correlated. The least correlated is ProFunds UltraSector Oil & Gas Fund (ENPIX) (Leveraged Equities) with a 1Y correlation of -0.16, down from 0.16 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ENPIX
ProFunds UltraSector Oil & Gas Fund-0.160.040.16
63
Leveraged EquitiesRYVYX vs ENPIX
RYMEX
Rydex Commodities Strategy Fund-0.14-0.010.07
53
CommoditiesRYVYX vs RYMEX
RYEIX
Rydex Energy Fund0.020.170.28
77
Energy EquitiesRYVYX vs RYEIX
PRRSX
PIMCO Variable Insurance Trust Real Estate Real Re...0.060.250.42
69
REITRYVYX vs PRRSX
RYVVX
Rydex S&P 500 Pure Value Fund0.170.330.48
89
Large Cap Value EquitiesRYVYX vs RYVVX
See all 33 diversifiers for RYVYX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for RYVYX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.66, down from 0.77 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
NVDA
NVIDIA Corporation0.660.700.77
56
Technology

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Diversification Analysis

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