QQQJ vs. RYOCX
QQQJ (Invesco NASDAQ Next Gen 100 ETF) and RYOCX (Rydex NASDAQ-100 Fund Investor Class) are both funds - QQQJ is a Mid Cap Growth Equities fund tracking the NASDAQ Next Generation 100 Index, while RYOCX is a Large Cap Growth Equities fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, QQQJ returned 6.23%/yr vs 12.87%/yr for RYOCX. Their correlation of 0.81 means they have usually moved in the same direction. QQQJ charges 0.15%/yr vs 1.24%/yr for RYOCX.
Performance
QQQJ vs. RYOCX - Performance Comparison
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Returns By Period
In the year-to-date period, QQQJ achieves a 19.53% return, which is significantly higher than RYOCX's 10.92% return.
QQQJ
- 1D
- 0.02%
- 1M
- -3.19%
- 6M
- 15.30%
- YTD
- 19.53%
- 1Y
- 34.13%
- 3Y*
- 19.03%
- 5Y*
- 6.23%
- 10Y*
- —
- ALL TIME*
- 9.75%
RYOCX
- 1D
- 3.36%
- 1M
- -4.24%
- 6M
- 9.68%
- YTD
- 10.92%
- 1Y
- 22.78%
- 3Y*
- 20.69%
- 5Y*
- 12.87%
- 10Y*
- 19.18%
- ALL TIME*
- 14.66%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.82M | $6.21M | $6.07M | |
| $0.00 | $0.00 | $0.00 |
QQQJ vs. RYOCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QQQJ Invesco NASDAQ Next Gen 100 ETF | 19.53% | 20.44% | 15.36% | 13.68% | -28.25% | 9.76% | 15.34% |
RYOCX Rydex NASDAQ-100 Fund Investor Class | 10.92% | 19.51% | 24.34% | 53.31% | -33.34% | 25.85% | 6.48% |
Correlation
The correlation between QQQJ and RYOCX is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.77 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2020 | 0.81 |
The correlation between QQQJ and RYOCX has been stable across timeframes, ranging from 0.76 to 0.82 - a consistent structural relationship.
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Return for Risk
QQQJ vs. RYOCX — Risk / Return Rank
QQQJ
RYOCX
QQQJ vs. RYOCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ Next Gen 100 ETF (QQQJ) 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.
| QQQJ | RYOCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.18 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.80 | 1.61 | +1.19 |
| Martin ratioReturn relative to average drawdown | 11.02 | 5.15 | +5.87 |
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Drawdowns
QQQJ vs. RYOCX - Drawdown Comparison
The maximum QQQJ drawdown since its inception was -39.57%, smaller than the maximum RYOCX drawdown of -83.75%. Use the drawdown chart below to compare losses from any high point for QQQJ and RYOCX.
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Drawdown Indicators
| QQQJ | RYOCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.57% | -83.75% | +44.18% |
Max Drawdown (1Y)Largest decline over 1 year | -11.84% | -12.31% | +0.47% |
Max Drawdown (3Y)Largest decline over 3 years | -22.46% | -22.97% | +0.51% |
Max Drawdown (5Y)Largest decline over 5 years | -39.57% | -38.04% | -1.53% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.04% | — |
Current DrawdownCurrent decline from peak | -3.66% | -8.44% | +4.78% |
Average DrawdownAverage peak-to-trough decline | -15.38% | -31.74% | +16.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 3.84% | -0.84% |
Volatility
QQQJ vs. RYOCX - Volatility Comparison
The current volatility for Invesco NASDAQ Next Gen 100 ETF (QQQJ) is 3.49%, while Rydex NASDAQ-100 Fund Investor Class (RYOCX) has a volatility of 6.87%. This indicates that QQQJ 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
| QQQJ | RYOCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.49% | 6.87% | -3.38% |
Volatility (6M)Calculated over the trailing 6-month period | 15.46% | 15.99% | -0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.15% | 19.37% | -0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.14% | 23.27% | -1.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.96% | 22.82% | -0.86% |
QQQJ vs. RYOCX - Expense Ratio Comparison
QQQJ has a 0.15% expense ratio, which is lower than RYOCX's 1.24% expense ratio.
Dividends
QQQJ vs. RYOCX - Dividend Comparison
QQQJ's dividend yield for the trailing twelve months is around 0.56%, less than RYOCX's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQJ Invesco NASDAQ Next Gen 100 ETF | 0.56% | 0.85% | 0.77% | 0.67% | 0.76% | 0.91% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RYOCX Rydex NASDAQ-100 Fund Investor Class | 3.86% | 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
QQQJ and RYOCX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYOCX has higher volatility (6.87%) compared to QQQJ (3.49%). In terms of maximum drawdown, QQQJ dropped -39.57% vs RYOCX's -83.75%.
QQQJ currently has the higher Sharpe Ratio (1.73 vs 1.02), 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.
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