Rydex Inverse Emerging Markets 2x Strategy Fund (RYWWX) 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 RYWWX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RYWWX
RYWWX charges 1.87% annually. There are 18 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 | RYWWX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | 1.49% | — | Jan 1994 | RYWWX vs RYURX | |
| Rydex Inverse NASDAQ-100 Strategy Fund | 1.55% | — | Sep 1998 | RYWWX vs RYAIX | |
| Grizzly Short Fund | 1.61% | — | Jun 2000 | RYWWX vs GRZZX | |
| ProFunds Bear Fund | 1.64% | — | Dec 1997 | RYWWX vs BRPIX |
Best Risk-Adjusted Alternatives to RYWWX
RYWWX has a PortfoliosLab risk / return rank of 1. There are 4 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 | RYWWX vs DRCVX | |
| ProFunds UltraShort China | 5 | — | Feb 2008 | RYWWX vs UHPIX | |
| Grizzly Short Fund | 2 | — | Jun 2000 | RYWWX vs GRZZX | |
| Rydex Inverse Mid-Cap Strategy Fund | 1 | — | Feb 2004 | RYWWX vs RYCLX | |
| PIMCO StocksPLUS Short Fund | 1 | — | Jul 2003 | RYWWX vs PSTIX |
Top Performing RYWWX Alternatives (YTD)
RYWWX is at -13.77% YTD. There are 8 mutual funds in the Inverse Equities category with higher YTD returns, going as high as 38.39%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProFunds UltraShort China | 38.39% | — | Feb 2008 | RYWWX vs UHPIX | |
| Comstock Capital Value Fund | 3.62% | — | Oct 1985 | RYWWX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | -7.10% | — | Jul 2003 | RYWWX vs PSTIX | |
| Rydex Inverse S&P 500 Strategy Fund | -8.00% | — | Jan 1994 | RYWWX vs RYURX | |
| Grizzly Short Fund | -8.15% | — | Jun 2000 | RYWWX vs GRZZX |
Lowest Volatility Alternatives to RYWWX
RYWWX has 43.63% 1-year volatility. There are 22 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 | RYWWX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | 12.19% | — | Jul 2003 | RYWWX vs PSTIX | |
| Federated Hermes Prudent Bear Fd | 12.46% | — | Dec 1995 | RYWWX vs BEARX | |
| Rydex Inverse S&P 500 Strategy Fund | 12.46% | — | Jan 1994 | RYWWX vs RYURX | |
| ProFunds Bear Fund | 12.57% | — | Dec 1997 | RYWWX vs BRPIX |
Lowest Drawdown Alternatives to RYWWX
RYWWX has a 1-year max drawdown of -44.07%. There are 19 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 | RYWWX vs DRCVX | |
| PIMCO StocksPLUS Short Fund | -15.05% | — | Jul 2003 | RYWWX vs PSTIX | |
| Grizzly Short Fund | -15.84% | — | Jun 2000 | RYWWX vs GRZZX | |
| Rydex Inverse S&P 500 Strategy Fund | -16.08% | — | Jan 1994 | RYWWX vs RYURX | |
| ProFunds Bear Fund | -16.15% | — | Dec 1997 | RYWWX 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 | 93 | 77.01% | — | Mar 1998 | RYWWX vs RYSIX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fun... | Leveraged Equities | 46 | 31.90% | — | Nov 2014 | RYWWX vs RMQAX | |
| Rydex NASDAQ-100 2x Strategy Fund | Leveraged Equities | 45 | 32.74% | — | May 2000 | RYWWX vs RYVYX | |
| Rydex S&P 500 2x Strategy Fund | Leveraged Equities | 43 | 18.57% | — | May 2000 | RYWWX vs RYTNX | |
| Rydex Dow Jones Industrial Average Fund | Large Cap Value Equities | 41 | 9.55% | — | Dec 2015 | RYWWX vs RYDAX | |
| Rydex S&P 500 Pure Growth Fund | Large Cap Growth Equities | 45 | 29.02% | — | Feb 2004 | RYWWX vs RYGRX | |
| Rydex Precious Metals Fund | Precious Metals | 22 | -9.53% | — | Nov 1993 | RYWWX vs RYPMX | |
| Rydex Technology Fund | Technology Equities | 67 | 30.25% | — | Apr 1998 | RYWWX vs RYTIX | |
| Rydex S&P MidCap 400 Pure Growth Fund | Mid Cap Growth Equities | 32 | 15.83% | — | Feb 2004 | RYWWX vs RYCKX | |
| Rydex Nova Fund | Leveraged Equities | 48 | 14.72% | — | Jul 1993 | RYWWX vs RYNVX |
Often Compared With RYWWX
Investors most often compare RYWWX with UWPIX, RYVNX, RYTPX. These 18 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare RYWWX with Any Fund or Stock
Compare RYWWX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RYWWX with funds that move differently
Rydex Inverse Emerging Markets 2x Strategy Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RYWWX.
Explore RYWWX Diversifiers