GIFIX vs. RYOCX
Compare and contrast key facts about Guggenheim Floating Rate Strategies Fund (GIFIX) and Rydex NASDAQ-100 Fund Investor Class (RYOCX).
GIFIX is an actively managed fund by Guggenheim. It was launched on Nov 29, 2011. RYOCX is a passively managed fund by Guggenheim that tracks the performance of the NASDAQ-100 Index. It was launched on Feb 14, 1994.
Performance
GIFIX vs. RYOCX - Performance Comparison
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GIFIX vs. RYOCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GIFIX Guggenheim Floating Rate Strategies Fund | -1.13% | 4.13% | 7.22% | 13.03% | -2.05% | 4.55% | 1.36% | 6.69% | -0.14% | 3.63% |
RYOCX Rydex NASDAQ-100 Fund Investor Class | -9.21% | 19.51% | 24.34% | 53.31% | -33.34% | 25.85% | 46.80% | 40.33% | -1.36% | 31.20% |
Returns By Period
In the year-to-date period, GIFIX achieves a -1.13% return, which is significantly higher than RYOCX's -9.21% return. Over the past 10 years, GIFIX has underperformed RYOCX with an annualized return of 4.28%, while RYOCX has yielded a comparatively higher 17.39% annualized return.
GIFIX
- 1D
- -0.04%
- 1M
- -0.22%
- YTD
- -1.13%
- 6M
- -0.20%
- 1Y
- 2.65%
- 3Y*
- 6.43%
- 5Y*
- 4.79%
- 10Y*
- 4.28%
RYOCX
- 1D
- -0.76%
- 1M
- -8.06%
- YTD
- -9.21%
- 6M
- -7.26%
- 1Y
- 18.41%
- 3Y*
- 19.76%
- 5Y*
- 11.33%
- 10Y*
- 17.39%
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GIFIX vs. RYOCX - Expense Ratio Comparison
GIFIX has a 0.78% expense ratio, which is lower than RYOCX's 1.24% expense ratio.
Return for Risk
GIFIX vs. RYOCX — Risk / Return Rank
GIFIX
RYOCX
GIFIX vs. RYOCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Floating Rate Strategies Fund (GIFIX) 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.
| GIFIX | RYOCX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 0.82 | +0.34 |
Sortino ratioReturn per unit of downside risk | 2.08 | 1.32 | +0.76 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.19 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 1.20 | +0.29 |
Martin ratioReturn relative to average drawdown | 5.34 | 4.41 | +0.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GIFIX | RYOCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 0.82 | +0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.81 | 0.50 | +1.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.29 | 0.77 | +0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.58 | 0.51 | +1.07 |
Correlation
The correlation between GIFIX and RYOCX is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
GIFIX vs. RYOCX - Dividend Comparison
GIFIX's dividend yield for the trailing twelve months is around 6.71%, more than RYOCX's 4.71% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIFIX Guggenheim Floating Rate Strategies Fund | 6.71% | 7.40% | 8.47% | 8.34% | 3.64% | 2.91% | 3.78% | 4.38% | 4.71% | 3.83% | 4.10% | 4.85% |
RYOCX Rydex NASDAQ-100 Fund Investor Class | 4.71% | 4.28% | 7.23% | 0.00% | 8.82% | 4.47% | 4.17% | 3.80% | 1.86% | 6.00% | 1.75% | 2.03% |
Drawdowns
GIFIX vs. RYOCX - Drawdown Comparison
The maximum GIFIX drawdown since its inception was -19.03%, smaller than the maximum RYOCX drawdown of -83.75%. Use the drawdown chart below to compare losses from any high point for GIFIX and RYOCX.
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Drawdown Indicators
| GIFIX | RYOCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.03% | -83.75% | +64.72% |
Max Drawdown (1Y)Largest decline over 1 year | -1.97% | -12.75% | +10.78% |
Max Drawdown (5Y)Largest decline over 5 years | -6.30% | -38.04% | +31.74% |
Max Drawdown (10Y)Largest decline over 10 years | -19.03% | -38.04% | +19.01% |
Current DrawdownCurrent decline from peak | -1.26% | -12.31% | +11.05% |
Average DrawdownAverage peak-to-trough decline | -0.76% | -32.05% | +31.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.56% | 3.47% | -2.91% |
Volatility
GIFIX vs. RYOCX - Volatility Comparison
The current volatility for Guggenheim Floating Rate Strategies Fund (GIFIX) is 0.53%, while Rydex NASDAQ-100 Fund Investor Class (RYOCX) has a volatility of 5.40%. This indicates that GIFIX experiences smaller price fluctuations and is considered to be less risky than RYOCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GIFIX | RYOCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.53% | 5.40% | -4.87% |
Volatility (6M)Calculated over the trailing 6-month period | 1.61% | 12.43% | -10.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.67% | 22.54% | -19.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.67% | 22.75% | -20.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.34% | 22.55% | -19.21% |