RYAIX vs. OTPIX
Compare and contrast key facts about Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and ProFunds NASDAQ-100 Fund (OTPIX).
RYAIX is managed by Rydex Funds. It was launched on Sep 2, 1998. OTPIX is managed by ProFunds. It was launched on Aug 7, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYAIX or OTPIX.
Key characteristics
| RYAIX | OTPIX | |
|---|---|---|
| YTD Return | -15.73% | 22.71% |
| 1Y Return | -19.97% | 30.36% |
| 3Y Return (Ann) | -8.39% | 6.21% |
| 5Y Return (Ann) | -19.91% | 17.27% |
| 10Y Return (Ann) | -17.53% | 15.23% |
| Sharpe Ratio | -1.07 | 1.75 |
| Sortino Ratio | -1.52 | 2.35 |
| Omega Ratio | 0.82 | 1.32 |
| Calmar Ratio | -0.20 | 2.22 |
| Martin Ratio | -1.32 | 7.86 |
| Ulcer Index | 15.14% | 3.87% |
| Daily Std Dev | 18.66% | 17.42% |
| Max Drawdown | -98.44% | -72.58% |
| Current Drawdown | -98.16% | -1.06% |
Correlation
The correlation between RYAIX and OTPIX is -0.99. 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. OTPIX - Performance Comparison
In the year-to-date period, RYAIX achieves a -15.73% return, which is significantly lower than OTPIX's 22.71% return. Over the past 10 years, RYAIX has underperformed OTPIX with an annualized return of -17.53%, while OTPIX has yielded a comparatively higher 15.23% 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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RYAIX vs. OTPIX - Expense Ratio Comparison
RYAIX has a 1.55% expense ratio, which is higher than OTPIX's 1.48% expense ratio.
Risk-Adjusted Performance
RYAIX vs. OTPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and ProFunds NASDAQ-100 Fund (OTPIX). 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. OTPIX - Dividend Comparison
RYAIX's dividend yield for the trailing twelve months is around 5.70%, while OTPIX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | 5.70% | 4.80% | 0.00% | 0.00% | 0.09% | 0.72% |
OTPIX ProFunds NASDAQ-100 Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RYAIX vs. OTPIX - Drawdown Comparison
The maximum RYAIX drawdown since its inception was -98.44%, which is greater than OTPIX's maximum drawdown of -72.58%. Use the drawdown chart below to compare losses from any high point for RYAIX and OTPIX. For additional features, visit the drawdowns tool.
Volatility
RYAIX vs. OTPIX - Volatility Comparison
Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and ProFunds NASDAQ-100 Fund (OTPIX) have volatilities of 4.94% and 4.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.