RYBIX vs. RYTNX
RYBIX (Rydex Basic Materials Fund) and RYTNX (Rydex S&P 500 2x Strategy Fund) are both mutual funds - RYBIX is a Energy Equities fund managed by Rydex Funds, while RYTNX is a Leveraged Equities fund managed by Rydex Funds. Over the past 10 years, RYBIX returned 9.97%/yr vs 21.48%/yr for RYTNX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. RYBIX charges 1.36%/yr vs 1.82%/yr for RYTNX.
Performance
RYBIX vs. RYTNX - 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 RYTNX's 13.96% return. Over the past 10 years, RYBIX has underperformed RYTNX with an annualized return of 9.97%, while RYTNX has yielded a comparatively higher 21.48% 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%
RYTNX
- 1D
- 3.28%
- 1M
- -1.58%
- 6M
- 11.42%
- YTD
- 13.96%
- 1Y
- 33.89%
- 3Y*
- 28.59%
- 5Y*
- 15.31%
- 10Y*
- 21.48%
- ALL TIME*
- 9.45%
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. RYTNX - 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% |
RYTNX Rydex S&P 500 2x Strategy Fund | 13.96% | 24.88% | 41.95% | 45.20% | -39.32% | 55.55% | 20.31% | 62.29% | -15.06% | 42.95% |
Correlation
The correlation between RYBIX and RYTNX is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.59 |
Correlation (3Y) Balances recent behavior with more history. | 0.62 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.69 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001 | 0.76 |
The correlation between RYBIX and RYTNX shifts across timeframes, from 0.59 (1 year) to 0.76 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RYBIX vs. RYTNX — Risk / Return Rank
RYBIX
RYTNX
RYBIX vs. RYTNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Basic Materials Fund (RYBIX) and Rydex S&P 500 2x Strategy Fund (RYTNX). 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 | RYTNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.20 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 1.56 | -0.08 |
| Martin ratioReturn relative to average drawdown | 3.70 | 6.24 | -2.54 |
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Drawdowns
RYBIX vs. RYTNX - Drawdown Comparison
The maximum RYBIX drawdown since its inception was -65.66%, smaller than the maximum RYTNX drawdown of -86.64%. Use the drawdown chart below to compare losses from any high point for RYBIX and RYTNX.
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Drawdown Indicators
| RYBIX | RYTNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.66% | -86.64% | +20.98% |
Max Drawdown (1Y)Largest decline over 1 year | -18.86% | -18.43% | -0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -21.29% | -35.36% | +14.07% |
Max Drawdown (5Y)Largest decline over 5 years | -27.06% | -47.01% | +19.95% |
Max Drawdown (10Y)Largest decline over 10 years | -43.19% | -59.23% | +16.04% |
Current DrawdownCurrent decline from peak | -13.77% | -5.43% | -8.34% |
Average DrawdownAverage peak-to-trough decline | -14.19% | -28.39% | +14.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.50% | 4.59% | +2.91% |
Volatility
RYBIX vs. RYTNX - Volatility Comparison
The current volatility for Rydex Basic Materials Fund (RYBIX) is 6.44%, while Rydex S&P 500 2x Strategy Fund (RYTNX) has a volatility of 6.88%. This indicates that RYBIX experiences smaller price fluctuations and is considered to be less risky than RYTNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYBIX | RYTNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.44% | 6.88% | -0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 21.34% | 20.17% | +1.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.34% | 25.67% | -0.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.92% | 33.98% | -12.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.37% | 36.17% | -13.80% |
RYBIX vs. RYTNX - Expense Ratio Comparison
RYBIX has a 1.36% expense ratio, which is lower than RYTNX's 1.82% expense ratio.
Dividends
RYBIX vs. RYTNX - Dividend Comparison
RYBIX's dividend yield for the trailing twelve months is around 7.88%, more than RYTNX's 4.20% 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% |
RYTNX Rydex S&P 500 2x Strategy Fund | 4.20% | 4.79% | 5.45% | 0.14% | 0.00% | 0.14% | 0.69% | 1.84% | 0.00% | 5.84% | 0.16% | 1.52% |
Frequently Asked Questions
RYBIX and RYTNX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYTNX has higher volatility (6.88%) compared to RYBIX (6.44%). In terms of maximum drawdown, RYBIX dropped -65.66% vs RYTNX's -86.64%.
RYTNX currently has the higher Sharpe Ratio (1.12 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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