RYBIX vs. RYURX
RYBIX (Rydex Basic Materials Fund) and RYURX (Rydex Inverse S&P 500 Strategy Fund) are both mutual funds - RYBIX is a Energy Equities fund managed by Rydex Funds, while RYURX is a Inverse Equities fund managed by Rydex Funds. Over the past 10 years, RYBIX returned 9.99%/yr vs -12.74%/yr for RYURX. At a correlation of -0.72, they often move in opposite directions. RYBIX charges 1.36%/yr vs 1.49%/yr for RYURX.
Performance
RYBIX vs. RYURX - Performance Comparison
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Returns By Period
In the year-to-date period, RYBIX achieves a 5.63% return, which is significantly higher than RYURX's -8.00% return. Over the past 10 years, RYBIX has outperformed RYURX with an annualized return of 9.99%, while RYURX has yielded a comparatively lower -12.74% annualized return.
RYBIX
- 1D
- 0.60%
- 1M
- -5.80%
- 6M
- -3.53%
- YTD
- 5.63%
- 1Y
- 22.49%
- 3Y*
- 13.04%
- 5Y*
- 7.54%
- 10Y*
- 9.99%
RYURX
- 1D
- -0.38%
- 1M
- -1.59%
- 6M
- -6.41%
- YTD
- -8.00%
- 1Y
- -13.80%
- 3Y*
- -11.96%
- 5Y*
- -8.52%
- 10Y*
- -12.74%
RYBIX vs. RYURX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYBIX Rydex Basic Materials Fund | 5.63% | 33.49% | -2.10% | 9.49% | -9.14% | 23.42% | 20.55% | 21.82% | -17.27% | 21.81% |
RYURX Rydex Inverse S&P 500 Strategy Fund | -8.00% | -11.41% | -13.04% | -14.56% | 17.56% | -24.19% | -24.90% | -22.65% | 4.33% | -17.38% |
Correlation
The correlation between RYBIX and RYURX is -0.57, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.72 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | -0.72 |
The correlation between RYBIX and RYURX shifts across timeframes, from -0.72 (10 years) to -0.57 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RYBIX vs. RYURX — Risk / Return Rank
RYBIX
RYURX
RYBIX vs. RYURX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Basic Materials Fund (RYBIX) and Rydex Inverse S&P 500 Strategy Fund (RYURX). 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 | RYURX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.97 | ||
| Sortino ratioReturn per unit of downside risk | +2.84 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.83 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 1.18 | -0.84 | +2.02 |
| Martin ratioReturn relative to average drawdown | 3.35 | -1.62 | +4.97 |
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Drawdowns
RYBIX vs. RYURX - Drawdown Comparison
The maximum RYBIX drawdown since its inception was -65.66%, smaller than the maximum RYURX drawdown of -96.72%. Use the drawdown chart below to compare losses from any high point for RYBIX and RYURX.
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Drawdown Indicators
| RYBIX | RYURX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.66% | -96.72% | +31.06% |
Max Drawdown (1Y)Largest decline over 1 year | -18.86% | -16.08% | -2.78% |
Max Drawdown (3Y)Largest decline over 3 years | -21.29% | -38.48% | +17.19% |
Max Drawdown (5Y)Largest decline over 5 years | -27.06% | -44.10% | +17.04% |
Max Drawdown (10Y)Largest decline over 10 years | -43.19% | -75.17% | +31.98% |
Current DrawdownCurrent decline from peak | -14.66% | -96.69% | +82.03% |
Average DrawdownAverage peak-to-trough decline | -14.19% | -69.00% | +54.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.65% | 8.34% | -1.69% |
Volatility
RYBIX vs. RYURX - Volatility Comparison
Rydex Basic Materials Fund (RYBIX) has a higher volatility of 8.64% compared to Rydex Inverse S&P 500 Strategy Fund (RYURX) at 4.27%. This indicates that RYBIX's price experiences larger fluctuations and is considered to be riskier than RYURX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYBIX | RYURX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.64% | 4.27% | +4.37% |
Volatility (6M)Calculated over the trailing 6-month period | 21.26% | 9.91% | +11.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.19% | 12.46% | +12.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.91% | 17.10% | +4.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.34% | 18.08% | +4.26% |
RYBIX vs. RYURX - Expense Ratio Comparison
RYBIX has a 1.36% expense ratio, which is lower than RYURX's 1.49% expense ratio.
Dividends
RYBIX vs. RYURX - Dividend Comparison
RYBIX's dividend yield for the trailing twelve months is around 7.96%, more than RYURX's 4.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYBIX Rydex Basic Materials Fund | 7.96% | 8.41% | 11.79% | 2.12% | 1.68% | 1.89% | 2.20% | 4.42% | 1.59% | 0.40% | 1.08% | 2.16% |
RYURX Rydex Inverse S&P 500 Strategy Fund | 4.15% | 3.82% | 6.78% | 2.79% | 0.00% | 0.00% | 0.42% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RYBIX and RYURX have a correlation of -0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYBIX has higher volatility (8.64%) compared to RYURX (4.27%). In terms of maximum drawdown, RYBIX dropped -65.66% vs RYURX's -96.72%.
RYBIX currently has the higher Sharpe Ratio (0.89 vs -1.08), 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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