RYAIX vs. NVDA
Compare and contrast key facts about Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and NVIDIA Corporation (NVDA).
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 NVDA.
Key characteristics
| RYAIX | NVDA | |
|---|---|---|
| YTD Return | -15.73% | 196.42% |
| 1Y Return | -19.97% | 200.29% |
| 3Y Return (Ann) | -8.39% | 70.05% |
| 5Y Return (Ann) | -19.91% | 96.27% |
| 10Y Return (Ann) | -17.53% | 77.78% |
| Sharpe Ratio | -1.07 | 3.78 |
| Sortino Ratio | -1.52 | 3.85 |
| Omega Ratio | 0.82 | 1.50 |
| Calmar Ratio | -0.20 | 7.23 |
| Martin Ratio | -1.32 | 22.81 |
| Ulcer Index | 15.14% | 8.58% |
| Daily Std Dev | 18.66% | 51.74% |
| Max Drawdown | -98.44% | -89.73% |
| Current Drawdown | -98.16% | -1.42% |
Correlation
The correlation between RYAIX and NVDA is -0.65. 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. NVDA - Performance Comparison
In the year-to-date period, RYAIX achieves a -15.73% return, which is significantly lower than NVDA's 196.42% return. Over the past 10 years, RYAIX has underperformed NVDA with an annualized return of -17.53%, while NVDA has yielded a comparatively higher 77.78% 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. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and NVIDIA Corporation (NVDA). 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
RYAIX vs. NVDA - Dividend Comparison
RYAIX's dividend yield for the trailing twelve months is around 5.70%, more than NVDA's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | 5.70% | 4.80% | 0.00% | 0.00% | 0.09% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% | 1.94% |
Drawdowns
RYAIX vs. NVDA - Drawdown Comparison
The maximum RYAIX drawdown since its inception was -98.44%, which is greater than NVDA's maximum drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for RYAIX and NVDA. For additional features, visit the drawdowns tool.
Volatility
RYAIX vs. NVDA - Volatility Comparison
The current volatility for Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) is 4.94%, while NVIDIA Corporation (NVDA) has a volatility of 9.85%. This indicates that RYAIX experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.