- ISIN
- US78355E5859
- CUSIP
- 78355E585
- Issuer
- Rydex Funds
- Inception Date
- Feb 20, 2004
- Category
- Small Cap Value Equities
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Value
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
RYYCX Performance Chart
Rydex S&P SmallCap 600 Pure Value Fund (RYYCX) is up 23.9% since the beginning of the year. RYYCX is currently trading at $222 per share. Investors who bought $1,000 worth of RYYCX shares 5 years ago would now be looking at an investment worth $1,556.
Loading charts...
Compare this symbol against anything
Returns By Period
Rydex S&P SmallCap 600 Pure Value Fund (RYYCX) has returned 23.89% so far this year and 41.33% over the past 12 months. Over the last ten years, RYYCX has returned 7.89% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Rydex S&P SmallCap 600 Pure Value Fund
- 1D
- -0.52%
- 1M
- 0.50%
- 6M
- 14.82%
- YTD
- 23.89%
- 1Y
- 41.33%
- 3Y*
- 12.99%
- 5Y*
- 9.24%
- 10Y*
- 7.89%
- ALL TIME*
- 5.17%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
RYYCX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2005, RYYCX's average daily return is +0.04%, while the average monthly return is +0.74%. At this rate, an investment would double in approximately 7.8 years.
Historically, 56% of months were positive and 44% were negative. The best month was Apr 2009 with a return of +48.6%, while the worst month was Mar 2020 at -32.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.
On a daily basis, RYYCX closed higher 51% of trading days. The best single day was Mar 13, 2020 with a return of +13.4%, while the worst single day was Mar 16, 2020 at -13.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.90% | 1.13% | -4.37% | 10.39% | 0.27% | 7.52% | -0.24% | 23.89% | |||||
| 2025 | 0.90% | -7.45% | -5.05% | -6.74% | 6.49% | 6.48% | 1.35% | 11.36% | -0.48% | -1.40% | 3.50% | -1.56% | 5.81% |
| 2024 | -5.73% | 2.95% | 3.14% | -7.83% | 5.77% | -5.52% | 12.76% | -3.47% | 0.75% | -3.58% | 11.99% | -5.90% | 2.73% |
| 2023 | 14.92% | -2.03% | -9.13% | -2.60% | -4.56% | 10.79% | 6.66% | -3.67% | -5.47% | -6.68% | 10.07% | 14.52% | 20.36% |
| 2022 | -3.06% | 1.02% | 2.19% | -5.29% | 2.46% | -11.32% | 7.75% | -3.76% | -11.99% | 17.33% | 5.06% | -6.23% | -9.15% |
| 2021 | 5.80% | 14.36% | 9.03% | 0.49% | 7.26% | -0.63% | -4.78% | 3.40% | -0.85% | 3.74% | -3.26% | 2.68% | 42.14% |
Benchmark Metrics
Rydex S&P SmallCap 600 Pure Value Fund has an annualized alpha of -3.17%, beta of 1.25, and R2 of 0.65 versus S&P 500 Index. Calculated based on daily prices since January 03, 2005.
- This fund participated in 138.31% of S&P 500 Index downside but only 128.13% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -3.17% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -3.17%
- Beta
- 1.25
- R²
- 0.65
- Upside Capture
- 128.13%
- Downside Capture
- 138.31%
Expense Ratio
RYYCX has a high expense ratio of 2.26%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
RYYCX ranks 76 for risk / return — above 76% of mutual funds peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Rydex S&P SmallCap 600 Pure Value Fund (RYYCX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RYYCX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.25 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.87 | 2.00 | +0.87 |
| Martin ratioReturn relative to average drawdown | 9.66 | 8.49 | +1.17 |
Dividends
Dividend History
Rydex S&P SmallCap 600 Pure Value Fund provided a 0.02% dividend yield over the last twelve months, with an annual payout of $0.04 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $0.04 | $0.04 | $0.00 | $1.90 |
Dividend yield | 0.02% | 0.02% | 0.00% | 1.15% |
Monthly Dividends
The table displays the monthly dividend distributions for Rydex S&P SmallCap 600 Pure Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $1.90 | $1.90 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Rydex S&P SmallCap 600 Pure Value Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Rydex S&P SmallCap 600 Pure Value Fund was 78.51%, occurring on Mar 9, 2009. Recovery took 1099 trading sessions.
The current Rydex S&P SmallCap 600 Pure Value Fund drawdown is 2.59%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-78.51%Mar 2009 | 1y 9mo | 4y 4mo | 6y 1moJun 2007 - Jul 2013 | Financial crisis2007–2009 |
-62.25%Apr 2020 | 1y 7mo | 11mo 6d | 2y 6moAug 2018 - Mar 2021 | COVID crash2020 |
-32.04%Jan 2016 | 9mo 8d | 10mo | 1y 7moApr 2015 - Nov 2016 | — |
-30.24%Apr 2025 | 4mo 6d | 5mo 28d | 10mo 4dDec 2024 - Oct 2025 | 2025 selloff2025 |
-28.05%Sep 2022 | 10mo 25d | 4mo 5d | 1y 2moNov 2021 - Feb 2023 | Bear market2022 |
Drawdown Indicators
| RYYCX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.51% | -56.78% | -21.73% |
Max Drawdown (1Y)Largest decline over 1 year | -12.78% | -9.10% | -3.68% |
Max Drawdown (3Y)Largest decline over 3 years | -30.24% | -18.90% | -11.34% |
Max Drawdown (5Y)Largest decline over 5 years | -30.24% | -25.43% | -4.81% |
Max Drawdown (10Y)Largest decline over 10 years | -62.25% | -33.92% | -28.33% |
Current DrawdownCurrent decline from peak | -2.59% | -1.58% | -1.01% |
Average DrawdownAverage peak-to-trough decline | -16.50% | -10.70% | -5.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.80% | 2.14% | +1.66% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with RYYCX
Add Rydex S&P SmallCap 600 Pure Value Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with RYYCX