OTPIX vs. RYAIX
Compare and contrast key facts about ProFunds NASDAQ-100 Fund (OTPIX) and Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX).
OTPIX is managed by ProFunds. It was launched on Aug 7, 2000. RYAIX is managed by Rydex Funds. It was launched on Sep 2, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OTPIX or RYAIX.
Key characteristics
| OTPIX | RYAIX | |
|---|---|---|
| YTD Return | 22.71% | -15.73% |
| 1Y Return | 30.36% | -19.97% |
| 3Y Return (Ann) | 6.21% | -8.39% |
| 5Y Return (Ann) | 17.27% | -19.91% |
| 10Y Return (Ann) | 15.23% | -17.53% |
| Sharpe Ratio | 1.75 | -1.07 |
| Sortino Ratio | 2.35 | -1.52 |
| Omega Ratio | 1.32 | 0.82 |
| Calmar Ratio | 2.22 | -0.20 |
| Martin Ratio | 7.86 | -1.32 |
| Ulcer Index | 3.87% | 15.14% |
| Daily Std Dev | 17.42% | 18.66% |
| Max Drawdown | -72.58% | -98.44% |
| Current Drawdown | -1.06% | -98.16% |
Correlation
The correlation between OTPIX and RYAIX is -0.99. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
OTPIX vs. RYAIX - Performance Comparison
In the year-to-date period, OTPIX achieves a 22.71% return, which is significantly higher than RYAIX's -15.73% return. Over the past 10 years, OTPIX has outperformed RYAIX with an annualized return of 15.23%, while RYAIX has yielded a comparatively lower -17.53% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
OTPIX vs. RYAIX - Expense Ratio Comparison
OTPIX has a 1.48% expense ratio, which is lower than RYAIX's 1.55% expense ratio.
Risk-Adjusted Performance
OTPIX vs. RYAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds NASDAQ-100 Fund (OTPIX) and Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX). 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.
Dividends
OTPIX vs. RYAIX - Dividend Comparison
OTPIX has not paid dividends to shareholders, while RYAIX's dividend yield for the trailing twelve months is around 5.70%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
OTPIX ProFunds NASDAQ-100 Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | 5.70% | 4.80% | 0.00% | 0.00% | 0.09% | 0.72% |
Drawdowns
OTPIX vs. RYAIX - Drawdown Comparison
The maximum OTPIX drawdown since its inception was -72.58%, smaller than the maximum RYAIX drawdown of -98.44%. Use the drawdown chart below to compare losses from any high point for OTPIX and RYAIX. For additional features, visit the drawdowns tool.
Volatility
OTPIX vs. RYAIX - Volatility Comparison
ProFunds NASDAQ-100 Fund (OTPIX) and Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) have volatilities of 4.97% and 4.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.