RYBIX vs. RYAIX
RYBIX (Rydex Basic Materials Fund) and RYAIX (Rydex Inverse NASDAQ-100 Strategy Fund) are both mutual funds - RYBIX is a Energy Equities fund managed by Rydex Funds, while RYAIX is a Inverse Equities fund managed by Rydex Funds. Over the past 10 years, RYBIX returned 9.97%/yr vs -18.03%/yr for RYAIX. Their -0.57 correlation means they have often moved in opposite directions in the past. RYBIX charges 1.36%/yr vs 1.55%/yr for RYAIX.
Performance
RYBIX vs. RYAIX - Performance Comparison
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Returns By Period
In the year-to-date period, RYBIX achieves a 6.72% return, which is significantly higher than RYAIX's -9.23% return. Over the past 10 years, RYBIX has outperformed RYAIX with an annualized return of 9.97%, while RYAIX has yielded a comparatively lower -18.03% annualized return.
RYBIX
- 1D
- 1.64%
- 1M
- -2.26%
- 6M
- -2.96%
- YTD
- 6.72%
- 1Y
- 30.26%
- 3Y*
- 11.63%
- 5Y*
- 7.77%
- 10Y*
- 9.97%
- ALL TIME*
- 6.88%
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%
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 |
RYBIX vs. RYAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYBIX Rydex Basic Materials Fund | 6.72% | 33.49% | -2.10% | 9.49% | -9.14% | 23.42% | 20.55% | 21.82% | -17.27% | 21.81% |
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% |
Correlation
The correlation between RYBIX and RYAIX is -0.50, 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. | -0.50 |
Correlation (3Y) Balances recent behavior with more history. | -0.50 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.57 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.56 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | -0.57 |
The correlation between RYBIX and RYAIX has been stable across timeframes, ranging from -0.57 to -0.50 - a consistent structural relationship.
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Return for Risk
RYBIX vs. RYAIX — Risk / Return Rank
RYBIX
RYAIX
RYBIX vs. RYAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Basic Materials Fund (RYBIX) and Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX). 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.
| RYBIX | RYAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.85 | ||
| Sortino ratioReturn per unit of downside risk | +2.55 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.89 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | -0.57 | +2.05 |
| Martin ratioReturn relative to average drawdown | 3.70 | -1.12 | +4.82 |
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Drawdowns
RYBIX vs. RYAIX - Drawdown Comparison
The maximum RYBIX drawdown since its inception was -65.66%, smaller than the maximum RYAIX drawdown of -98.93%. Use the drawdown chart below to compare losses from any high point for RYBIX and RYAIX.
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Drawdown Indicators
| RYBIX | RYAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.66% | -98.93% | +33.27% |
Max Drawdown (1Y)Largest decline over 1 year | -18.86% | -25.47% | +6.61% |
Max Drawdown (3Y)Largest decline over 3 years | -21.29% | -50.13% | +28.84% |
Max Drawdown (5Y)Largest decline over 5 years | -27.06% | -61.15% | +34.09% |
Max Drawdown (10Y)Largest decline over 10 years | -43.19% | -87.73% | +44.54% |
Current DrawdownCurrent decline from peak | -13.77% | -98.82% | +85.05% |
Average DrawdownAverage peak-to-trough decline | -14.19% | -73.43% | +59.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.50% | 12.97% | -5.47% |
Volatility
RYBIX vs. RYAIX - Volatility Comparison
The current volatility for Rydex Basic Materials Fund (RYBIX) is 6.44%, while Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) has a volatility of 7.09%. This indicates that RYBIX experiences smaller price fluctuations and is considered to be less risky than RYAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYBIX | RYAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.44% | 7.09% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 21.34% | 16.22% | +5.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.34% | 19.55% | +5.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.92% | 23.36% | -1.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.37% | 22.86% | -0.49% |
RYBIX vs. RYAIX - Expense Ratio Comparison
RYBIX has a 1.36% expense ratio, which is lower than RYAIX's 1.55% expense ratio.
Dividends
RYBIX vs. RYAIX - Dividend Comparison
RYBIX's dividend yield for the trailing twelve months is around 7.88%, more than RYAIX's 2.46% yield.
| 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% |
RYBIX Rydex Basic Materials Fund | 7.88% | 8.41% | 11.79% | 2.12% | 1.68% | 1.89% | 2.20% | 4.42% | 1.59% | 0.40% | 1.08% | 2.16% |
Frequently Asked Questions
RYBIX and RYAIX have a correlation of -0.50, 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 RYBIX (6.44%). In terms of maximum drawdown, RYBIX dropped -65.66% vs RYAIX's -98.93%.
RYBIX currently has the higher Sharpe Ratio (1.10 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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