RYAIX vs. RYCKX
RYAIX (Rydex Inverse NASDAQ-100 Strategy Fund) and RYCKX (Rydex S&P MidCap 400 Pure Growth Fund) are both mutual funds - RYAIX is a Inverse Equities fund managed by Rydex Funds, while RYCKX is a Mid Cap Growth Equities fund managed by Rydex Funds. Over the past 10 years, RYAIX returned -18.03%/yr vs 7.23%/yr for RYCKX. Their -0.80 correlation means they have often moved in opposite directions in the past. RYAIX charges 1.55%/yr vs 2.26%/yr for RYCKX.
Performance
RYAIX vs. RYCKX - 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 RYCKX's 12.35% return. Over the past 10 years, RYAIX has underperformed RYCKX with an annualized return of -18.03%, while RYCKX has yielded a comparatively higher 7.23% 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%
RYCKX
- 1D
- 2.48%
- 1M
- -4.87%
- 6M
- 7.29%
- YTD
- 12.35%
- 1Y
- 17.29%
- 3Y*
- 11.54%
- 5Y*
- 4.05%
- 10Y*
- 7.23%
- ALL TIME*
- 7.68%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
RYAIX vs. RYCKX - 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% |
RYCKX Rydex S&P MidCap 400 Pure Growth Fund | 12.35% | 6.61% | 15.10% | 13.97% | -23.05% | 11.26% | 29.72% | 14.60% | -15.17% | 18.02% |
Correlation
The correlation between RYAIX and RYCKX is -0.75, 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. | -0.75 |
Correlation (3Y) Balances recent behavior with more history. | -0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.75 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.74 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2005 | -0.80 |
The correlation between RYAIX and RYCKX shifts across timeframes, from -0.80 (all time) to -0.70 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
RYAIX vs. RYCKX — Risk / Return Rank
RYAIX
RYCKX
RYAIX vs. RYCKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and Rydex S&P MidCap 400 Pure Growth Fund (RYCKX). 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 | RYCKX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -2.12 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.13 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 1.31 | -1.89 |
| Martin ratioReturn relative to average drawdown | -1.12 | 4.47 | -5.59 |
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Drawdowns
RYAIX vs. RYCKX - Drawdown Comparison
The maximum RYAIX drawdown since its inception was -98.93%, which is greater than RYCKX's maximum drawdown of -52.60%. Use the drawdown chart below to compare losses from any high point for RYAIX and RYCKX.
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Drawdown Indicators
| RYAIX | RYCKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.93% | -52.60% | -46.33% |
Max Drawdown (1Y)Largest decline over 1 year | -25.47% | -10.50% | -14.97% |
Max Drawdown (3Y)Largest decline over 3 years | -50.13% | -27.14% | -22.99% |
Max Drawdown (5Y)Largest decline over 5 years | -61.15% | -35.98% | -25.17% |
Max Drawdown (10Y)Largest decline over 10 years | -87.73% | -44.75% | -42.98% |
Current DrawdownCurrent decline from peak | -98.82% | -7.89% | -90.93% |
Average DrawdownAverage peak-to-trough decline | -73.43% | -9.47% | -63.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.97% | 3.16% | +9.81% |
Volatility
RYAIX vs. RYCKX - Volatility Comparison
Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) has a higher volatility of 7.09% compared to Rydex S&P MidCap 400 Pure Growth Fund (RYCKX) at 6.19%. This indicates that RYAIX's price experiences larger fluctuations and is considered to be riskier than RYCKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYAIX | RYCKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 6.19% | +0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 16.22% | 16.24% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.55% | 19.70% | -0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.36% | 22.97% | +0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.86% | 23.11% | -0.25% |
RYAIX vs. RYCKX - Expense Ratio Comparison
RYAIX has a 1.55% expense ratio, which is lower than RYCKX's 2.26% expense ratio.
Dividends
RYAIX vs. RYCKX - Dividend Comparison
RYAIX's dividend yield for the trailing twelve months is around 2.46%, while RYCKX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RYCKX Rydex S&P MidCap 400 Pure Growth Fund | 0.00% | 0.00% | 20.92% | 0.00% | 14.34% | 13.66% | 1.29% | 0.00% | 18.93% | 7.60% | 1.72% | 5.90% |
Frequently Asked Questions
RYAIX and RYCKX have a correlation of -0.75, 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 RYCKX (6.19%). In terms of maximum drawdown, RYAIX dropped -98.93% vs RYCKX's -52.60%.
RYCKX currently has the higher Sharpe Ratio (0.70 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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