ENPIX vs. RYJSX

Last updated Aug 1, 2026

ENPIX (ProFunds UltraSector Oil & Gas Fund) and RYJSX (Rydex Japan 2x Strategy Fund) are both Leveraged Equities funds. Over the past 10 years, ENPIX returned 7.88%/yr vs 12.76%/yr for RYJSX. Their 0.44 correlation means their historical movements had little consistent relationship. ENPIX charges 1.51%/yr vs 1.49%/yr for RYJSX.

Performance

ENPIX vs. RYJSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds UltraSector Oil & Gas Fund (ENPIX) and Rydex Japan 2x Strategy Fund (RYJSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ENPIX achieves a 48.84% return, which is significantly higher than RYJSX's 39.60% return. Over the past 10 years, ENPIX has underperformed RYJSX with an annualized return of 7.88%, while RYJSX has yielded a comparatively higher 12.76% annualized return.

ENPIX

• 1D: 0.83%
• 1M: 15.87%
• 6M: 22.86%
• YTD: 48.84%
• 1Y: 59.39%
• 3Y*: 14.50%
• 5Y*: 28.19%
• 10Y*: 7.88%
• ALL TIME*: 5.22%

RYJSX

• 1D: 12.98%
• 1M: -12.22%
• 6M: 22.28%
• YTD: 39.60%
• 1Y: 88.97%
• 3Y*: 28.28%
• 5Y*: 10.31%
• 10Y*: 12.76%
• ALL TIME*: 10.30%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ENPIX ProFunds UltraSector Oil & Gas Fund	$0.00	$0.00	$0.00
RYJSX Rydex Japan 2x Strategy Fund	$0.00	$0.00	$0.00

ENPIX vs. RYJSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ENPIX ProFunds UltraSector Oil & Gas Fund	48.84%	4.99%	2.30%	-7.46%	92.17%	82.32%	-53.71%	10.35%	-30.54%	-5.59%
RYJSX Rydex Japan 2x Strategy Fund	39.60%	50.73%	1.56%	34.36%	-42.66%	-14.17%	40.76%	38.61%	-21.92%	50.94%

Correlation

The correlation between ENPIX and RYJSX is -0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.08
Correlation (3Y) Balances recent behavior with more history.	0.08
Correlation (5Y) Shows whether the relationship held over a longer period.	0.20
Correlation (10Y) Provides a long-term view across more market conditions.	0.32
Correlation (All Time) Calculated using the full available price history since Jan 2, 2009	0.44

The correlation between ENPIX and RYJSX shifts across timeframes, from -0.08 (1 year) to 0.44 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ENPIX vs. RYJSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ENPIX

ENPIX Risk / Return Rank: 63
ENPIX Sharpe Ratio Rank: 74
ENPIX Sortino Ratio Rank: 65
ENPIX Omega Ratio Rank: 62
ENPIX Calmar Ratio Rank: 73
ENPIX Martin Ratio Rank: 43

RYJSX

RYJSX Risk / Return Rank: 62
RYJSX Sharpe Ratio Rank: 61
RYJSX Sortino Ratio Rank: 57
RYJSX Omega Ratio Rank: 52
RYJSX Calmar Ratio Rank: 81
RYJSX Martin Ratio Rank: 57

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ENPIX vs. RYJSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraSector Oil & Gas Fund (ENPIX) and Rydex Japan 2x Strategy Fund (RYJSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	ENPIX	RYJSX	Difference
Sharpe ratio: Return per unit of total volatility	1.71	1.55	+0.17
Sortino ratio: Return per unit of downside risk	2.21	2.15	+0.06
Omega ratio: Gain probability vs. loss probability	1.27	1.26	+0.01
Calmar ratio: Return relative to maximum drawdown	2.35	2.75	-0.40
Martin ratio: Return relative to average drawdown	6.10	7.78	-1.68

ENPIX vs. RYJSX - Sharpe Ratio Comparison

The current ENPIX Sharpe Ratio is 1.71, which is comparable to the RYJSX Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of ENPIX and RYJSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ENPIX vs. RYJSX - Drawdown Comparison

The maximum ENPIX drawdown since its inception was -90.12%, which is greater than RYJSX's maximum drawdown of -63.60%. Use the drawdown chart below to compare losses from any high point for ENPIX and RYJSX.

Drawdown Indicators

	ENPIX	RYJSX	Difference
Max Drawdown Largest peak-to-trough decline	-90.12%	-63.60%	-26.52%
Max Drawdown (1Y) Largest decline over 1 year	-23.01%	-32.17%	+9.16%
Max Drawdown (3Y) Largest decline over 3 years	-32.27%	-40.80%	+8.53%
Max Drawdown (5Y) Largest decline over 5 years	-36.48%	-61.07%	+24.59%
Max Drawdown (10Y) Largest decline over 10 years	-84.54%	-63.60%	-20.94%
Current Drawdown Current decline from peak	-9.70%	-23.36%	+13.66%
Average Drawdown Average peak-to-trough decline	-36.77%	-20.80%	-15.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.88%	11.35%	-2.47%

Volatility

ENPIX vs. RYJSX - Volatility Comparison

The current volatility for ProFunds UltraSector Oil & Gas Fund (ENPIX) is 9.02%, while Rydex Japan 2x Strategy Fund (RYJSX) has a volatility of 21.27%. This indicates that ENPIX experiences smaller price fluctuations and is considered to be less risky than RYJSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ENPIX	RYJSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.02%	21.27%	-12.25%
Volatility (6M) Calculated over the trailing 6-month period	25.12%	48.86%	-23.74%
Volatility (1Y) Calculated over the trailing 1-year period	31.65%	57.25%	-25.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.45%	42.75%	-4.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.70%	38.74%	+5.96%

ENPIX vs. RYJSX - Expense Ratio Comparison

ENPIX has a 1.51% expense ratio, which is higher than RYJSX's 1.49% expense ratio.

Dividends

ENPIX vs. RYJSX - Dividend Comparison

ENPIX's dividend yield for the trailing twelve months is around 1.86%, more than RYJSX's 0.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENPIX ProFunds UltraSector Oil & Gas Fund	1.86%	2.76%	3.19%	0.87%	2.76%	1.59%	1.76%	1.34%	1.76%	0.84%	0.57%	0.56%
RYJSX Rydex Japan 2x Strategy Fund	0.79%	1.11%	4.50%	5.86%	0.00%	0.00%	0.52%	0.85%	0.48%	3.24%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ENPIX and RYJSX in my portfolio?

ENPIX and RYJSX have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ENPIX or RYJSX?

RYJSX has higher volatility (21.27%) compared to ENPIX (9.02%). In terms of maximum drawdown, ENPIX dropped -90.12% vs RYJSX's -63.60%.

Which has better risk-adjusted returns?

ENPIX currently has the higher Sharpe Ratio (1.71 vs 1.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.