RMQAX vs. SSO

The year-to-date returns for both investments are quite close, with RMQAX having a -11.46% return and SSO slightly higher at -11.10%. Over the past 10 years, RMQAX has outperformed SSO with an annualized return of 23.85%, while SSO has yielded a comparatively lower 17.91% annualized return.

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RMQAX has a 1.32% expense ratio, which is higher than SSO's 0.90% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) and ProShares Ultra S&P 500 (SSO). 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.

The current RMQAX Sharpe Ratio is -0.15, which is lower than the SSO Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of RMQAX and SSO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

RMQAX's dividend yield for the trailing twelve months is around 0.35%, less than SSO's 0.95% yield.

The maximum RMQAX drawdown since its inception was -63.96%, smaller than the maximum SSO drawdown of -84.67%. Use the drawdown chart below to compare losses from any high point for RMQAX and SSO. For additional features, visit the drawdowns tool.

Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) has a higher volatility of 17.06% compared to ProShares Ultra S&P 500 (SSO) at 13.79%. This indicates that RMQAX's price experiences larger fluctuations and is considered to be riskier than SSO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.