RYAIX vs. BTC-USD
Compare and contrast key facts about Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and Bitcoin (BTC-USD).
RYAIX is managed by Rydex Funds. It was launched on Sep 2, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYAIX or BTC-USD.
Key characteristics
| RYAIX | BTC-USD | |
|---|---|---|
| YTD Return | -15.73% | 106.44% |
| 1Y Return | -19.97% | 130.33% |
| 3Y Return (Ann) | -8.39% | 11.14% |
| 5Y Return (Ann) | -19.91% | 59.13% |
| 10Y Return (Ann) | -17.53% | 71.89% |
| Sharpe Ratio | -1.07 | 0.86 |
| Sortino Ratio | -1.52 | 1.55 |
| Omega Ratio | 0.82 | 1.15 |
| Calmar Ratio | -0.20 | 0.68 |
| Martin Ratio | -1.32 | 3.55 |
| Ulcer Index | 15.14% | 13.19% |
| Daily Std Dev | 18.66% | 44.60% |
| Max Drawdown | -98.44% | -93.07% |
| Current Drawdown | -98.16% | -3.68% |
Correlation
The correlation between RYAIX and BTC-USD is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
RYAIX vs. BTC-USD - Performance Comparison
In the year-to-date period, RYAIX achieves a -15.73% return, which is significantly lower than BTC-USD's 106.44% return. Over the past 10 years, RYAIX has underperformed BTC-USD with an annualized return of -17.53%, while BTC-USD has yielded a comparatively higher 71.89% annualized 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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Risk-Adjusted Performance
RYAIX vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and Bitcoin (BTC-USD). 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.
Drawdowns
RYAIX vs. BTC-USD - Drawdown Comparison
The maximum RYAIX drawdown since its inception was -98.44%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for RYAIX and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
RYAIX vs. BTC-USD - Volatility Comparison
The current volatility for Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) is 4.92%, while Bitcoin (BTC-USD) has a volatility of 16.41%. This indicates that RYAIX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.