RMQAX vs. RYOCX
Compare and contrast key facts about Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) and Rydex NASDAQ-100 Fund Investor Class (RYOCX).
RMQAX is managed by Rydex Funds. It was launched on Nov 27, 2014. RYOCX is a passively managed fund by Guggenheim that tracks the performance of the NASDAQ-100 Index. It was launched on Feb 14, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RMQAX or RYOCX.
Correlation
The correlation between RMQAX and RYOCX is 0.99, 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.
Performance
RMQAX vs. RYOCX - Performance Comparison
Key characteristics
RMQAX:
-0.04
RYOCX:
-0.16
RMQAX:
0.39
RYOCX:
-0.05
RMQAX:
1.06
RYOCX:
0.99
RMQAX:
-0.04
RYOCX:
-0.16
RMQAX:
-0.11
RYOCX:
-0.50
RMQAX:
18.75%
RYOCX:
8.28%
RMQAX:
59.94%
RYOCX:
26.05%
RMQAX:
-63.18%
RYOCX:
-83.62%
RMQAX:
-45.15%
RYOCX:
-21.81%
Returns By Period
In the year-to-date period, RMQAX achieves a -26.59% return, which is significantly lower than RYOCX's -13.29% return. Over the past 10 years, RMQAX has outperformed RYOCX with an annualized return of 25.46%, while RYOCX has yielded a comparatively lower 14.02% annualized return.
RMQAX
-26.59%
-14.94%
-22.77%
6.30%
24.61%
25.46%
RYOCX
-13.29%
-7.31%
-16.31%
-0.34%
13.85%
14.02%
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RMQAX vs. RYOCX - Expense Ratio Comparison
RMQAX has a 1.32% expense ratio, which is higher than RYOCX's 1.24% expense ratio.
Risk-Adjusted Performance
RMQAX vs. RYOCX — Risk-Adjusted Performance Rank
RMQAX
RYOCX
RMQAX vs. RYOCX - 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 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.
Dividends
RMQAX vs. RYOCX - Dividend Comparison
RMQAX's dividend yield for the trailing twelve months is around 35.44%, while RYOCX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 35.44% | 26.02% | 3.76% | 0.00% | 2.18% | 5.30% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RYOCX Rydex NASDAQ-100 Fund Investor Class | 0.00% | 0.00% | 0.00% | 8.82% | 4.47% | 4.17% | 1.90% | 1.86% | 6.00% | 1.75% | 2.01% | 1.54% |
Drawdowns
RMQAX vs. RYOCX - Drawdown Comparison
The maximum RMQAX drawdown since its inception was -63.18%, smaller than the maximum RYOCX drawdown of -83.62%. Use the drawdown chart below to compare losses from any high point for RMQAX and RYOCX. For additional features, visit the drawdowns tool.
Volatility
RMQAX vs. RYOCX - Volatility Comparison
Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) has a higher volatility of 34.27% compared to Rydex NASDAQ-100 Fund Investor Class (RYOCX) at 16.16%. This indicates that RMQAX's price experiences larger fluctuations and is considered to be riskier than RYOCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.