RYAIX vs. QQQ
Compare and contrast key facts about Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and Invesco QQQ (QQQ).
RYAIX is managed by Rydex Funds. It was launched on Sep 2, 1998. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYAIX or QQQ.
Key characteristics
| RYAIX | QQQ | |
|---|---|---|
| YTD Return | -15.73% | 24.75% |
| 1Y Return | -19.97% | 32.82% |
| 3Y Return (Ann) | -8.39% | 9.58% |
| 5Y Return (Ann) | -19.91% | 21.02% |
| 10Y Return (Ann) | -17.53% | 18.32% |
| Sharpe Ratio | -1.07 | 1.91 |
| Sortino Ratio | -1.52 | 2.55 |
| Omega Ratio | 0.82 | 1.35 |
| Calmar Ratio | -0.20 | 2.43 |
| Martin Ratio | -1.32 | 8.85 |
| Ulcer Index | 15.14% | 3.72% |
| Daily Std Dev | 18.66% | 17.21% |
| Max Drawdown | -98.44% | -82.98% |
| Current Drawdown | -98.16% | -1.06% |
Correlation
The correlation between RYAIX and QQQ is -0.98. 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. QQQ - Performance Comparison
In the year-to-date period, RYAIX achieves a -15.73% return, which is significantly lower than QQQ's 24.75% return. Over the past 10 years, RYAIX has underperformed QQQ with an annualized return of -17.53%, while QQQ has yielded a comparatively higher 18.32% 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. QQQ - Expense Ratio Comparison
RYAIX has a 1.55% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
RYAIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and Invesco QQQ (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.
Dividends
RYAIX vs. QQQ - Dividend Comparison
RYAIX's dividend yield for the trailing twelve months is around 5.70%, more than QQQ's 0.60% 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% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
RYAIX vs. QQQ - Drawdown Comparison
The maximum RYAIX drawdown since its inception was -98.44%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for RYAIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
RYAIX vs. QQQ - Volatility Comparison
Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and Invesco QQQ (QQQ) have volatilities of 4.94% and 4.99%, 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.