GAGEX vs. RYEIX
Compare and contrast key facts about Guinness Atkinson Global Energy Fund (GAGEX) and Rydex Energy Fund (RYEIX).
GAGEX is managed by Guinness Atkinson. It was launched on Jun 29, 2004. RYEIX is managed by Rydex Funds. It was launched on Apr 20, 1998.
Performance
GAGEX vs. RYEIX - Performance Comparison
Loading graphics...
GAGEX vs. RYEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GAGEX Guinness Atkinson Global Energy Fund | 38.71% | 16.88% | -1.75% | 2.66% | 34.32% | 45.96% | -34.12% | 10.45% | -18.96% | -1.04% |
RYEIX Rydex Energy Fund | 37.40% | 6.96% | 0.49% | 1.87% | 49.54% | 50.70% | -34.24% | 6.50% | -25.31% | -6.17% |
Returns By Period
The year-to-date returns for both stocks are quite close, with GAGEX having a 38.71% return and RYEIX slightly lower at 37.40%. Over the past 10 years, GAGEX has outperformed RYEIX with an annualized return of 8.82%, while RYEIX has yielded a comparatively lower 8.05% annualized return.
GAGEX
- 1D
- -0.09%
- 1M
- 13.36%
- YTD
- 38.71%
- 6M
- 42.07%
- 1Y
- 48.50%
- 3Y*
- 19.32%
- 5Y*
- 21.13%
- 10Y*
- 8.82%
RYEIX
- 1D
- -1.73%
- 1M
- 11.19%
- YTD
- 37.40%
- 6M
- 37.42%
- 1Y
- 44.04%
- 3Y*
- 16.65%
- 5Y*
- 21.40%
- 10Y*
- 8.05%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GAGEX vs. RYEIX - Expense Ratio Comparison
GAGEX has a 1.46% expense ratio, which is higher than RYEIX's 1.36% expense ratio.
Return for Risk
GAGEX vs. RYEIX — Risk / Return Rank
GAGEX
RYEIX
GAGEX vs. RYEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guinness Atkinson Global Energy Fund (GAGEX) and Rydex Energy Fund (RYEIX). 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.
| GAGEX | RYEIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.31 | 1.80 | +0.51 |
Sortino ratioReturn per unit of downside risk | 2.80 | 2.29 | +0.51 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.34 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 2.62 | 2.19 | +0.44 |
Martin ratioReturn relative to average drawdown | 9.35 | 7.78 | +1.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GAGEX | RYEIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.31 | 1.80 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.81 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.25 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.18 | +0.07 |
Correlation
The correlation between GAGEX and RYEIX is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GAGEX vs. RYEIX - Dividend Comparison
GAGEX's dividend yield for the trailing twelve months is around 2.04%, more than RYEIX's 1.83% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAGEX Guinness Atkinson Global Energy Fund | 2.04% | 2.82% | 7.08% | 4.33% | 0.15% | 2.59% | 3.59% | 1.91% | 1.72% | 1.40% | 1.13% | 1.33% |
RYEIX Rydex Energy Fund | 1.83% | 2.51% | 3.84% | 2.68% | 2.55% | 0.50% | 2.38% | 0.78% | 0.81% | 0.71% | 0.62% | 0.43% |
Drawdowns
GAGEX vs. RYEIX - Drawdown Comparison
The maximum GAGEX drawdown since its inception was -78.90%, smaller than the maximum RYEIX drawdown of -83.50%. Use the drawdown chart below to compare losses from any high point for GAGEX and RYEIX.
Loading graphics...
Drawdown Indicators
| GAGEX | RYEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.90% | -83.50% | +4.60% |
Max Drawdown (1Y)Largest decline over 1 year | -18.43% | -20.09% | +1.66% |
Max Drawdown (5Y)Largest decline over 5 years | -26.42% | -26.94% | +0.52% |
Max Drawdown (10Y)Largest decline over 10 years | -69.98% | -74.93% | +4.95% |
Current DrawdownCurrent decline from peak | -0.09% | -1.73% | +1.64% |
Average DrawdownAverage peak-to-trough decline | -29.43% | -28.77% | -0.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.18% | 5.65% | -0.47% |
Volatility
GAGEX vs. RYEIX - Volatility Comparison
The current volatility for Guinness Atkinson Global Energy Fund (GAGEX) is 4.84%, while Rydex Energy Fund (RYEIX) has a volatility of 5.16%. This indicates that GAGEX experiences smaller price fluctuations and is considered to be less risky than RYEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GAGEX | RYEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.84% | 5.16% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 12.45% | 14.08% | -1.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.56% | 25.16% | -3.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.56% | 26.72% | -3.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.32% | 31.88% | -4.56% |