RYAIX vs. QQQ
RYAIX (Rydex Inverse NASDAQ-100 Strategy Fund) and QQQ (Invesco QQQ ETF) are both funds - RYAIX is a Inverse Equities fund managed by Rydex Funds, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, RYAIX returned -18.03%/yr vs 20.44%/yr for QQQ. Their -0.98 correlation means they have often moved in opposite directions in the past. RYAIX charges 1.55%/yr vs 0.18%/yr for QQQ.
Performance
RYAIX vs. QQQ - Performance Comparison
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Returns By Period
In the year-to-date period, RYAIX achieves a -9.23% return, which is significantly lower than QQQ's 12.26% return. Over the past 10 years, RYAIX has underperformed QQQ with an annualized return of -18.03%, while QQQ has yielded a comparatively higher 20.44% annualized return.
RYAIX
- 1D
- -3.29%
- 1M
- 5.63%
- 6M
- -8.48%
- YTD
- -9.23%
- 1Y
- -16.78%
- 3Y*
- -14.70%
- 5Y*
- -11.60%
- 10Y*
- -18.03%
- ALL TIME*
- -14.55%
QQQ
- 1D
- 0.65%
- 1M
- -3.45%
- 6M
- 10.89%
- YTD
- 12.26%
- 1Y
- 24.81%
- 3Y*
- 22.29%
- 5Y*
- 14.23%
- 10Y*
- 20.44%
- ALL TIME*
- 10.64%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $30.32B | $28.40B | $31.45B | |
| $0.00 | $0.00 | $0.00 |
RYAIX vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | -9.23% | -15.63% | -15.64% | -31.71% | 35.92% | -24.88% | -40.98% | -27.65% | -2.63% | -24.47% |
QQQ Invesco QQQ ETF | 12.26% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 32.66% |
Correlation
The correlation between RYAIX and QQQ is -1.00, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -1.00 |
Correlation (3Y) Balances recent behavior with more history. | -0.99 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -1.00 |
Correlation (10Y) Provides a long-term view across more market conditions. | -1.00 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 1999 | -0.98 |
The correlation between RYAIX and QQQ has been stable across timeframes, ranging from -1.00 to -0.98 - a consistent structural relationship.
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Return for Risk
RYAIX vs. QQQ — Risk / Return Rank
RYAIX
QQQ
RYAIX vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and Invesco QQQ ETF (QQQ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RYAIX | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.91 | ||
| Sortino ratioReturn per unit of downside risk | -2.65 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.21 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 1.88 | -2.45 |
| Martin ratioReturn relative to average drawdown | -1.12 | 6.00 | -7.12 |
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Drawdowns
RYAIX vs. QQQ - Drawdown Comparison
The maximum RYAIX drawdown since its inception was -98.93%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for RYAIX and QQQ.
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Drawdown Indicators
| RYAIX | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.93% | -82.97% | -15.96% |
Max Drawdown (1Y)Largest decline over 1 year | -25.47% | -11.96% | -13.51% |
Max Drawdown (3Y)Largest decline over 3 years | -50.13% | -22.77% | -27.36% |
Max Drawdown (5Y)Largest decline over 5 years | -61.15% | -35.12% | -26.03% |
Max Drawdown (10Y)Largest decline over 10 years | -87.73% | -35.12% | -52.61% |
Current DrawdownCurrent decline from peak | -98.82% | -7.69% | -91.13% |
Average DrawdownAverage peak-to-trough decline | -73.43% | -32.62% | -40.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.97% | 3.74% | +9.23% |
Volatility
RYAIX vs. QQQ - Volatility Comparison
Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and Invesco QQQ ETF (QQQ) have volatilities of 7.09% and 6.87%, 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.
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Volatility by Period
| RYAIX | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 6.87% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 16.22% | 16.08% | +0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.55% | 19.38% | +0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.36% | 22.90% | +0.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.86% | 22.50% | +0.36% |
RYAIX vs. QQQ - Expense Ratio Comparison
RYAIX has a 1.55% expense ratio, which is higher than QQQ's 0.18% expense ratio.
Dividends
RYAIX vs. QQQ - Dividend Comparison
RYAIX's dividend yield for the trailing twelve months is around 2.46%, more than QQQ's 0.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 0.44% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | 2.46% | 2.23% | 5.67% | 4.81% | 0.00% | 0.00% | 0.09% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RYAIX and QQQ have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYAIX has higher volatility (7.09%) compared to QQQ (6.87%). In terms of maximum drawdown, RYAIX dropped -98.93% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (1.16 vs -0.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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