RMQAX vs. BKPIX
RMQAX (Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund) and BKPIX (ProFunds Banks UltraSector Fund) are both Leveraged Equities funds. Over the past 10 years, RMQAX returned 34.08%/yr vs 12.18%/yr for BKPIX. Their 0.45 correlation means their historical movements had little consistent relationship. RMQAX charges 1.32%/yr vs 1.71%/yr for BKPIX.
Performance
RMQAX vs. BKPIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RMQAX achieves a 17.71% return, which is significantly lower than BKPIX's 20.78% return. Over the past 10 years, RMQAX has outperformed BKPIX with an annualized return of 34.08%, while BKPIX has yielded a comparatively lower 12.18% annualized return.
RMQAX
- 1D
- 1.29%
- 1M
- -7.73%
- 6M
- 13.82%
- YTD
- 17.71%
- 1Y
- 41.27%
- 3Y*
- 36.09%
- 5Y*
- 18.27%
- 10Y*
- 34.08%
- ALL TIME*
- 31.46%
BKPIX
- 1D
- 0.29%
- 1M
- 1.87%
- 6M
- 10.88%
- YTD
- 20.78%
- 1Y
- 38.42%
- 3Y*
- 26.20%
- 5Y*
- 7.94%
- 10Y*
- 12.18%
- ALL TIME*
- 4.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
RMQAX vs. BKPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 17.71% | 33.92% | 44.76% | 115.91% | -59.93% | 56.36% | 101.06% | 80.80% | -7.28% | 69.80% |
BKPIX ProFunds Banks UltraSector Fund | 20.78% | 11.57% | 28.64% | 9.95% | -30.83% | 52.43% | -30.69% | 55.99% | -27.23% | 26.77% |
Correlation
The correlation between RMQAX and BKPIX is 0.27, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.27 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.46 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015 | 0.45 |
The correlation between RMQAX and BKPIX shifts across timeframes, from 0.27 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RMQAX vs. BKPIX — Risk / Return Rank
RMQAX
BKPIX
RMQAX vs. BKPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) and ProFunds Banks UltraSector Fund (BKPIX). 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.
| RMQAX | BKPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.21 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.62 | -0.18 |
| Martin ratioReturn relative to average drawdown | 4.42 | 4.06 | +0.36 |
Loading charts...
Drawdowns
RMQAX vs. BKPIX - Drawdown Comparison
The maximum RMQAX drawdown since its inception was -63.18%, smaller than the maximum BKPIX drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for RMQAX and BKPIX.
Loading charts...
Drawdown Indicators
| RMQAX | BKPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.18% | -96.22% | +33.04% |
Max Drawdown (1Y)Largest decline over 1 year | -24.96% | -21.69% | -3.27% |
Max Drawdown (3Y)Largest decline over 3 years | -42.45% | -37.94% | -4.51% |
Max Drawdown (5Y)Largest decline over 5 years | -63.18% | -61.71% | -1.47% |
Max Drawdown (10Y)Largest decline over 10 years | -63.18% | -66.21% | +3.03% |
Current DrawdownCurrent decline from peak | -16.01% | -38.58% | +22.57% |
Average DrawdownAverage peak-to-trough decline | -12.85% | -55.98% | +43.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.10% | 8.63% | -0.53% |
Volatility
RMQAX vs. BKPIX - Volatility Comparison
Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) has a higher volatility of 14.50% compared to ProFunds Banks UltraSector Fund (BKPIX) at 7.75%. This indicates that RMQAX's price experiences larger fluctuations and is considered to be riskier than BKPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RMQAX | BKPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.50% | 7.75% | +6.75% |
Volatility (6M)Calculated over the trailing 6-month period | 32.55% | 21.67% | +10.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.25% | 31.83% | +7.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.22% | 40.45% | +6.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.82% | 43.24% | +3.58% |
RMQAX vs. BKPIX - Expense Ratio Comparison
RMQAX has a 1.32% expense ratio, which is lower than BKPIX's 1.71% expense ratio.
Dividends
RMQAX vs. BKPIX - Dividend Comparison
RMQAX's dividend yield for the trailing twelve months is around 30.81%, more than BKPIX's 1.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BKPIX ProFunds Banks UltraSector Fund | 1.17% | 1.42% | 0.75% | 1.64% | 0.29% | 0.00% | 0.00% | 0.38% | 1.53% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 30.81% | 36.27% | 26.02% | 3.76% | 0.00% | 2.18% | 5.30% | 0.10% | 0.00% |
Frequently Asked Questions
RMQAX and BKPIX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RMQAX has higher volatility (14.50%) compared to BKPIX (7.75%). In terms of maximum drawdown, RMQAX dropped -63.18% vs BKPIX's -96.22%.
BKPIX currently has the higher Sharpe Ratio (1.10 vs 0.91), 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.
Find the right allocation for RMQAX and BKPIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer