RYAIX vs. SHPIX
Compare and contrast key facts about Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and ProFunds Short Small Cap ProFund (SHPIX).
RYAIX is managed by Rydex Funds. It was launched on Sep 2, 1998. SHPIX is managed by ProFunds. It was launched on Apr 30, 2002.
Performance
RYAIX vs. SHPIX - Performance Comparison
Loading graphics...
RYAIX vs. SHPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | 10.70% | -15.63% | -15.64% | -31.71% | 35.92% | -24.88% | -40.98% | -27.65% | -2.63% | -24.47% |
SHPIX ProFunds Short Small Cap ProFund | 2.74% | -9.61% | -8.36% | -11.01% | 16.39% | -19.78% | -31.60% | -20.89% | 9.96% | -14.49% |
Returns By Period
In the year-to-date period, RYAIX achieves a 10.70% return, which is significantly higher than SHPIX's 2.74% return. Over the past 10 years, RYAIX has underperformed SHPIX with an annualized return of -16.89%, while SHPIX has yielded a comparatively higher -11.86% annualized return.
RYAIX
- 1D
- 0.78%
- 1M
- 8.79%
- YTD
- 10.70%
- 6M
- 9.08%
- 1Y
- -14.68%
- 3Y*
- -13.58%
- 5Y*
- -10.67%
- 10Y*
- -16.89%
SHPIX
- 1D
- 1.48%
- 1M
- 8.78%
- YTD
- 2.74%
- 6M
- 1.16%
- 1Y
- -16.75%
- 3Y*
- -8.22%
- 5Y*
- -3.92%
- 10Y*
- -11.86%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RYAIX vs. SHPIX - Expense Ratio Comparison
RYAIX has a 1.55% expense ratio, which is lower than SHPIX's 1.78% expense ratio.
Return for Risk
RYAIX vs. SHPIX — Risk / Return Rank
RYAIX
SHPIX
RYAIX vs. SHPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) and ProFunds Short Small Cap ProFund (SHPIX). 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.
| RYAIX | SHPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.65 | -0.71 | +0.05 |
Sortino ratioReturn per unit of downside risk | -0.79 | -0.90 | +0.11 |
Omega ratioGain probability vs. loss probability | 0.89 | 0.89 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | -0.36 | -0.42 | +0.05 |
Martin ratioReturn relative to average drawdown | -0.45 | -0.57 | +0.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RYAIX | SHPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.65 | -0.71 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.47 | -0.02 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.75 | -0.09 | -0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.16 | -0.15 | -0.01 |
Correlation
The correlation between RYAIX and SHPIX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
RYAIX vs. SHPIX - Dividend Comparison
RYAIX's dividend yield for the trailing twelve months is around 2.01%, less than SHPIX's 14.75% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | 2.01% | 2.23% | 5.67% | 4.81% | 0.00% | 0.00% | 0.09% | 0.72% |
SHPIX ProFunds Short Small Cap ProFund | 14.75% | 5.70% | 0.00% | 17.01% | 0.00% | 0.00% | 0.00% | 0.85% |
Drawdowns
RYAIX vs. SHPIX - Drawdown Comparison
The maximum RYAIX drawdown since its inception was -98.75%, roughly equal to the maximum SHPIX drawdown of -99.27%. Use the drawdown chart below to compare losses from any high point for RYAIX and SHPIX.
Loading graphics...
Drawdown Indicators
| RYAIX | SHPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.75% | -99.27% | +0.52% |
Max Drawdown (1Y)Largest decline over 1 year | -33.93% | -34.74% | +0.81% |
Max Drawdown (5Y)Largest decline over 5 years | -54.73% | -83.16% | +28.43% |
Max Drawdown (10Y)Largest decline over 10 years | -87.23% | -93.19% | +5.96% |
Current DrawdownCurrent decline from peak | -98.56% | -97.02% | -1.54% |
Average DrawdownAverage peak-to-trough decline | -73.13% | -77.77% | +4.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.19% | 25.32% | +1.87% |
Volatility
RYAIX vs. SHPIX - Volatility Comparison
The current volatility for Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) is 5.34%, while ProFunds Short Small Cap ProFund (SHPIX) has a volatility of 6.54%. This indicates that RYAIX experiences smaller price fluctuations and is considered to be less risky than SHPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RYAIX | SHPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 6.54% | -1.20% |
Volatility (6M)Calculated over the trailing 6-month period | 12.33% | 14.07% | -1.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.52% | 23.12% | -0.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.82% | 193.64% | -170.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.58% | 137.90% | -115.32% |