RYBIX vs. RYTIX
RYBIX (Rydex Basic Materials Fund) and RYTIX (Rydex Technology Fund) are both mutual funds - RYBIX is a Energy Equities fund managed by Rydex Funds, while RYTIX is a Technology Equities fund managed by Rydex Funds. Over the past 10 years, RYBIX returned 9.97%/yr vs 21.13%/yr for RYTIX. Their 0.59 correlation means they have sometimes moved together and sometimes differently. Both charge a 1.36% expense ratio.
Performance
RYBIX vs. RYTIX - Performance Comparison
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Returns By Period
In the year-to-date period, RYBIX achieves a 6.72% return, which is significantly lower than RYTIX's 23.01% return. Over the past 10 years, RYBIX has underperformed RYTIX with an annualized return of 9.97%, while RYTIX has yielded a comparatively higher 21.13% 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%
RYTIX
- 1D
- 3.88%
- 1M
- -3.17%
- 6M
- 21.86%
- YTD
- 23.01%
- 1Y
- 39.91%
- 3Y*
- 29.20%
- 5Y*
- 15.06%
- 10Y*
- 21.13%
- ALL TIME*
- 8.49%
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. RYTIX - 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% |
RYTIX Rydex Technology Fund | 23.01% | 26.48% | 30.01% | 49.59% | -36.18% | 20.94% | 49.87% | 40.81% | -1.07% | 33.07% |
Correlation
The correlation between RYBIX and RYTIX is 0.50, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.59 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | 0.59 |
The correlation between RYBIX and RYTIX has been stable across timeframes, ranging from 0.50 to 0.59 - a consistent structural relationship.
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Return for Risk
RYBIX vs. RYTIX — Risk / Return Rank
RYBIX
RYTIX
RYBIX vs. RYTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Basic Materials Fund (RYBIX) and Rydex Technology Fund (RYTIX). 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 | RYTIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.23 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 2.30 | -0.82 |
| Martin ratioReturn relative to average drawdown | 3.70 | 6.29 | -2.59 |
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Drawdowns
RYBIX vs. RYTIX - Drawdown Comparison
The maximum RYBIX drawdown since its inception was -65.66%, smaller than the maximum RYTIX drawdown of -84.00%. Use the drawdown chart below to compare losses from any high point for RYBIX and RYTIX.
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Drawdown Indicators
| RYBIX | RYTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.66% | -84.00% | +18.34% |
Max Drawdown (1Y)Largest decline over 1 year | -18.86% | -15.67% | -3.19% |
Max Drawdown (3Y)Largest decline over 3 years | -21.29% | -27.91% | +6.62% |
Max Drawdown (5Y)Largest decline over 5 years | -27.06% | -42.75% | +15.69% |
Max Drawdown (10Y)Largest decline over 10 years | -43.19% | -42.75% | -0.44% |
Current DrawdownCurrent decline from peak | -13.77% | -12.18% | -1.59% |
Average DrawdownAverage peak-to-trough decline | -14.19% | -40.01% | +25.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.50% | 5.71% | +1.79% |
Volatility
RYBIX vs. RYTIX - Volatility Comparison
The current volatility for Rydex Basic Materials Fund (RYBIX) is 6.44%, while Rydex Technology Fund (RYTIX) has a volatility of 8.26%. This indicates that RYBIX experiences smaller price fluctuations and is considered to be less risky than RYTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYBIX | RYTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.44% | 8.26% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 21.34% | 21.66% | -0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.34% | 25.95% | -0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.92% | 27.34% | -5.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.37% | 25.54% | -3.17% |
RYBIX vs. RYTIX - Expense Ratio Comparison
Both RYBIX and RYTIX have an expense ratio of 1.36%.
Dividends
RYBIX vs. RYTIX - Dividend Comparison
RYBIX's dividend yield for the trailing twelve months is around 7.88%, more than RYTIX's 0.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RYTIX Rydex Technology Fund | 0.84% | 1.03% | 9.00% | 2.46% | 5.17% | 7.24% | 1.62% | 0.92% | 5.39% | 1.35% | 0.00% | 0.00% |
Frequently Asked Questions
RYBIX and RYTIX 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.
RYTIX has higher volatility (8.26%) compared to RYBIX (6.44%). In terms of maximum drawdown, RYBIX dropped -65.66% vs RYTIX's -84.00%.
RYTIX currently has the higher Sharpe Ratio (1.39 vs 1.10), 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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