EPGFX vs. RYOCX

Last updated Jun 24, 2026

EPGFX (EuroPac Gold Fund) and RYOCX (Rydex NASDAQ-100 Fund Investor Class) are both mutual funds - EPGFX is a Gold fund managed by Euro Pacific Asset Management, while RYOCX is a Large Cap Growth Equities fund tracking the NASDAQ-100 Index. Over the past 10 years, EPGFX returned 10.79%/yr vs 21.36%/yr for RYOCX. At a 0.17 correlation, their price movements are largely independent. EPGFX charges 1.40%/yr vs 1.24%/yr for RYOCX.

Performance

EPGFX vs. RYOCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EuroPac Gold Fund (EPGFX) and Rydex NASDAQ-100 Fund Investor Class (RYOCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPGFX achieves a -1.62% return, which is significantly lower than RYOCX's 19.89% return. Over the past 10 years, EPGFX has underperformed RYOCX with an annualized return of 10.79%, while RYOCX has yielded a comparatively higher 21.36% annualized return.

EPGFX

• 1D: -1.37%
• 1M: -3.76%
• YTD: -1.62%
• 6M: -5.36%
• 1Y: 52.89%
• 3Y*: 34.43%
• 5Y*: 14.10%
• 10Y*: 10.79%

RYOCX

• 1D: -0.19%
• 1M: 2.91%
• YTD: 19.89%
• 6M: 18.27%
• 1Y: 38.08%
• 3Y*: 26.18%
• 5Y*: 15.70%
• 10Y*: 21.36%

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

EPGFX vs. RYOCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EPGFX EuroPac Gold Fund	-1.62%	129.06%	8.51%	2.31%	-14.00%	-18.06%	36.99%	37.25%	-13.85%	12.73%
RYOCX Rydex NASDAQ-100 Fund Investor Class	19.89%	19.51%	24.34%	53.31%	-33.34%	25.85%	46.80%	40.33%	-1.36%	31.20%

Correlation

The correlation between EPGFX and RYOCX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (10Y) Calculated over the trailing 10-year period	0.20
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.17

The correlation between EPGFX and RYOCX shifts across timeframes, from 0.17 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

EPGFX vs. RYOCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EPGFX

EPGFX Risk / Return Rank: 24
EPGFX Sharpe Ratio Rank: 27
EPGFX Sortino Ratio Rank: 20
EPGFX Omega Ratio Rank: 26
EPGFX Calmar Ratio Rank: 26
EPGFX Martin Ratio Rank: 20

RYOCX

RYOCX Risk / Return Rank: 66
RYOCX Sharpe Ratio Rank: 70
RYOCX Sortino Ratio Rank: 58
RYOCX Omega Ratio Rank: 60
RYOCX Calmar Ratio Rank: 75
RYOCX Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EPGFX vs. RYOCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EuroPac Gold Fund (EPGFX) and Rydex NASDAQ-100 Fund Investor Class (RYOCX). 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.

	EPGFX	RYOCX	Difference
Sharpe ratio: Return per unit of total volatility	1.37	2.24	-0.87
Sortino ratio: Return per unit of downside risk	1.75	2.93	-1.18
Omega ratio: Gain probability vs. loss probability	1.25	1.39	-0.14
Calmar ratio: Return relative to maximum drawdown	1.79	3.23	-1.44
Martin ratio: Return relative to average drawdown	4.73	11.87	-7.15

EPGFX vs. RYOCX - Sharpe Ratio Comparison

The current EPGFX Sharpe Ratio is 1.37, which is lower than the RYOCX Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of EPGFX and RYOCX, 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

EPGFX vs. RYOCX - Drawdown Comparison

The maximum EPGFX drawdown since its inception was -56.70%, smaller than the maximum RYOCX drawdown of -83.75%. Use the drawdown chart below to compare losses from any high point for EPGFX and RYOCX.

Drawdown Indicators

	EPGFX	RYOCX	Difference
Max Drawdown Largest peak-to-trough decline	-56.70%	-83.75%	+27.05%
Max Drawdown (1Y) Largest decline over 1 year	-30.77%	-12.31%	-18.46%
Max Drawdown (3Y) Largest decline over 3 years	-30.77%	-22.97%	-7.80%
Max Drawdown (5Y) Largest decline over 5 years	-44.99%	-38.04%	-6.95%
Max Drawdown (10Y) Largest decline over 10 years	-51.03%	-38.04%	-12.99%
Current Drawdown Current decline from peak	-24.98%	-1.03%	-23.95%
Average Drawdown Average peak-to-trough decline	-22.03%	-31.83%	+9.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.63%	3.34%	+8.29%

Volatility

EPGFX vs. RYOCX - Volatility Comparison

EuroPac Gold Fund (EPGFX) has a higher volatility of 14.16% compared to Rydex NASDAQ-100 Fund Investor Class (RYOCX) at 8.37%. This indicates that EPGFX's price experiences larger fluctuations and is considered to be riskier than RYOCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPGFX	RYOCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.16%	8.37%	+5.79%
Volatility (6M) Calculated over the trailing 6-month period	33.81%	14.19%	+19.62%
Volatility (1Y) Calculated over the trailing 1-year period	40.31%	17.74%	+22.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.83%	23.02%	+9.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.59%	22.75%	+9.84%

EPGFX vs. RYOCX - Expense Ratio Comparison

EPGFX has a 1.40% expense ratio, which is higher than RYOCX's 1.24% expense ratio.

Dividends

EPGFX vs. RYOCX - Dividend Comparison

EPGFX's dividend yield for the trailing twelve months is around 6.97%, more than RYOCX's 3.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPGFX EuroPac Gold Fund	6.97%	6.86%	10.36%	0.00%	0.00%	2.49%	8.67%	0.00%	0.00%	2.56%	19.31%	0.00%
RYOCX Rydex NASDAQ-100 Fund Investor Class	3.57%	4.28%	7.23%	0.00%	8.82%	4.47%	4.17%	3.80%	1.86%	6.00%	1.75%	2.03%

Frequently Asked Questions

Can I hold both EPGFX and RYOCX in my portfolio?

EPGFX and RYOCX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EPGFX or RYOCX?

EPGFX has higher volatility (14.16%) compared to RYOCX (8.37%). In terms of maximum drawdown, EPGFX dropped -56.70% vs RYOCX's -83.75%.

Which has better risk-adjusted returns?

RYOCX currently has the higher Sharpe Ratio (2.24 vs 1.37), 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.