MEIFX vs. RYOCX
Compare and contrast key facts about Meridian Enhanced Equity Fund (MEIFX) and Rydex NASDAQ-100 Fund Investor Class (RYOCX).
MEIFX is managed by Meridian. It was launched on Jan 31, 2005. 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
MEIFX vs. RYOCX - Performance Comparison
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MEIFX vs. RYOCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MEIFX Meridian Enhanced Equity Fund | -1.60% | 6.51% | 13.19% | 18.96% | -16.43% | 15.15% | 26.18% | 44.95% | -0.51% | 27.94% |
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, MEIFX achieves a -1.60% return, which is significantly higher than RYOCX's -9.21% return. Over the past 10 years, MEIFX has underperformed RYOCX with an annualized return of 13.78%, while RYOCX has yielded a comparatively higher 17.39% annualized return.
MEIFX
- 1D
- 0.08%
- 1M
- -3.16%
- YTD
- -1.60%
- 6M
- -1.55%
- 1Y
- 4.96%
- 3Y*
- 9.70%
- 5Y*
- 5.75%
- 10Y*
- 13.78%
RYOCX
- 1D
- -0.76%
- 1M
- -8.18%
- YTD
- -9.21%
- 6M
- -7.72%
- 1Y
- 17.44%
- 3Y*
- 19.76%
- 5Y*
- 11.33%
- 10Y*
- 17.39%
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MEIFX vs. RYOCX - Expense Ratio Comparison
MEIFX has a 1.20% expense ratio, which is lower than RYOCX's 1.24% expense ratio.
Return for Risk
MEIFX vs. RYOCX — Risk / Return Rank
MEIFX
RYOCX
MEIFX vs. RYOCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Meridian Enhanced Equity Fund (MEIFX) 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.
| MEIFX | RYOCX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.30 | 0.82 | -0.52 |
Sortino ratioReturn per unit of downside risk | 0.55 | 1.32 | -0.77 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.19 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 0.49 | 1.20 | -0.70 |
Martin ratioReturn relative to average drawdown | 2.30 | 4.41 | -2.11 |
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
| MEIFX | RYOCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.30 | 0.82 | -0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.50 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 0.77 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.51 | 0.00 |
Correlation
The correlation between MEIFX and RYOCX is 0.77, 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
MEIFX vs. RYOCX - Dividend Comparison
MEIFX's dividend yield for the trailing twelve months is around 7.36%, more than RYOCX's 4.71% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEIFX Meridian Enhanced Equity Fund | 7.36% | 7.25% | 14.61% | 0.61% | 9.28% | 25.44% | 13.26% | 40.49% | 11.67% | 1.18% | 0.78% | 4.24% |
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
MEIFX vs. RYOCX - Drawdown Comparison
The maximum MEIFX drawdown since its inception was -54.37%, smaller than the maximum RYOCX drawdown of -83.75%. Use the drawdown chart below to compare losses from any high point for MEIFX and RYOCX.
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Drawdown Indicators
| MEIFX | RYOCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.37% | -83.75% | +29.38% |
Max Drawdown (1Y)Largest decline over 1 year | -8.99% | -12.75% | +3.76% |
Max Drawdown (5Y)Largest decline over 5 years | -23.54% | -38.04% | +14.50% |
Max Drawdown (10Y)Largest decline over 10 years | -28.67% | -38.04% | +9.37% |
Current DrawdownCurrent decline from peak | -7.42% | -12.31% | +4.89% |
Average DrawdownAverage peak-to-trough decline | -7.76% | -32.05% | +24.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 3.47% | -1.42% |
Volatility
MEIFX vs. RYOCX - Volatility Comparison
The current volatility for Meridian Enhanced Equity Fund (MEIFX) is 3.54%, while Rydex NASDAQ-100 Fund Investor Class (RYOCX) has a volatility of 5.40%. This indicates that MEIFX 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
| MEIFX | RYOCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.54% | 5.40% | -1.86% |
Volatility (6M)Calculated over the trailing 6-month period | 7.12% | 12.43% | -5.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.91% | 22.54% | -7.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.93% | 22.75% | -6.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.95% | 22.55% | -4.60% |