RMQAX vs. 3USL.L
Compare and contrast key facts about Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) and WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L).
RMQAX is managed by Rydex Funds. It was launched on Nov 27, 2014. 3USL.L is managed by WisdomTree. It was launched on Dec 13, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RMQAX or 3USL.L.
Key characteristics
| RMQAX | 3USL.L | |
|---|---|---|
| YTD Return | 44.61% | 71.16% |
| 1Y Return | 56.03% | 101.00% |
| 3Y Return (Ann) | 6.16% | 9.22% |
| 5Y Return (Ann) | 31.02% | 24.45% |
| Sharpe Ratio | 1.61 | 3.04 |
| Sortino Ratio | 2.11 | 3.51 |
| Omega Ratio | 1.28 | 1.47 |
| Calmar Ratio | 2.05 | 2.63 |
| Martin Ratio | 7.38 | 17.58 |
| Ulcer Index | 7.61% | 5.95% |
| Daily Std Dev | 34.98% | 34.28% |
| Max Drawdown | -63.96% | -76.72% |
| Current Drawdown | -2.03% | -1.40% |
Correlation
The correlation between RMQAX and 3USL.L is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RMQAX vs. 3USL.L - Performance Comparison
In the year-to-date period, RMQAX achieves a 44.61% return, which is significantly lower than 3USL.L's 71.16% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RMQAX vs. 3USL.L - Expense Ratio Comparison
RMQAX has a 1.32% expense ratio, which is higher than 3USL.L's 0.75% expense ratio.
Risk-Adjusted Performance
RMQAX vs. 3USL.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) and WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L). 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
RMQAX vs. 3USL.L - Dividend Comparison
RMQAX's dividend yield for the trailing twelve months is around 0.09%, while 3USL.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 0.09% | 0.14% | 0.00% | 0.00% | 0.00% | 0.10% |
3USL.L WisdomTree S&P 500 3x Daily Leveraged GB | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RMQAX vs. 3USL.L - Drawdown Comparison
The maximum RMQAX drawdown since its inception was -63.96%, smaller than the maximum 3USL.L drawdown of -76.72%. Use the drawdown chart below to compare losses from any high point for RMQAX and 3USL.L. For additional features, visit the drawdowns tool.
Volatility
RMQAX vs. 3USL.L - Volatility Comparison
The current volatility for Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) is 9.67%, while WisdomTree S&P 500 3x Daily Leveraged GB (3USL.L) has a volatility of 10.80%. This indicates that RMQAX experiences smaller price fluctuations and is considered to be less risky than 3USL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.