RYCIX vs. RYGRX

Last updated Jun 24, 2026

RYCIX (Rydex Consumer Products Fund) and RYGRX (Rydex S&P 500 Pure Growth Fund) are both mutual funds - RYCIX is a Consumer Staples Equities fund managed by Rydex Funds, while RYGRX is a Large Cap Growth Equities fund managed by Rydex Funds. Over the past 10 years, RYCIX returned 3.96%/yr vs 14.07%/yr for RYGRX. A 0.61 correlation means they provide meaningful diversification when combined. RYCIX charges 1.39%/yr vs 2.26%/yr for RYGRX.

Performance

RYCIX vs. RYGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Consumer Products Fund (RYCIX) and Rydex S&P 500 Pure Growth Fund (RYGRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RYCIX achieves a 3.52% return, which is significantly lower than RYGRX's 35.24% return. Over the past 10 years, RYCIX has underperformed RYGRX with an annualized return of 3.96%, while RYGRX has yielded a comparatively higher 14.07% annualized return.

RYCIX

• 1D: -1.05%
• 1M: -1.76%
• YTD: 3.52%
• 6M: 3.14%
• 1Y: -3.27%
• 3Y*: 0.83%
• 5Y*: 1.35%
• 10Y*: 3.96%

RYGRX

• 1D: 1.49%
• 1M: 10.34%
• YTD: 35.24%
• 6M: 32.32%
• 1Y: 42.19%
• 3Y*: 27.04%
• 5Y*: 10.59%
• 10Y*: 14.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RYCIX vs. RYGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYCIX Rydex Consumer Products Fund	3.52%	-2.99%	4.97%	-2.81%	-0.42%	11.09%	8.26%	22.81%	-11.80%	11.94%
RYGRX Rydex S&P 500 Pure Growth Fund	35.24%	11.00%	25.73%	5.80%	-28.71%	26.61%	26.34%	34.13%	-6.28%	23.74%

Correlation

The correlation between RYCIX and RYGRX is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.43
Correlation (All Time) Calculated using the full available price history since Jan 3, 2005	0.61

Over the past year, the correlation between RYCIX and RYGRX has dropped to 0.04 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.

Return for Risk

RYCIX vs. RYGRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RYCIX

RYCIX Risk / Return Rank: 2
RYCIX Sharpe Ratio Rank: 2
RYCIX Sortino Ratio Rank: 2
RYCIX Omega Ratio Rank: 2
RYCIX Calmar Ratio Rank: 2
RYCIX Martin Ratio Rank: 2

RYGRX

RYGRX Risk / Return Rank: 66
RYGRX Sharpe Ratio Rank: 56
RYGRX Sortino Ratio Rank: 51
RYGRX Omega Ratio Rank: 50
RYGRX Calmar Ratio Rank: 87
RYGRX Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RYCIX vs. RYGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Consumer Products Fund (RYCIX) and Rydex S&P 500 Pure Growth Fund (RYGRX). 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.

	RYCIX	RYGRX	Difference
Sharpe ratio: Return per unit of total volatility	-0.19	2.05	-2.24
Sortino ratio: Return per unit of downside risk	-0.18	2.75	-2.94
Omega ratio: Gain probability vs. loss probability	0.98	1.36	-0.38
Calmar ratio: Return relative to maximum drawdown	-0.21	3.96	-4.17
Martin ratio: Return relative to average drawdown	-0.37	14.75	-15.12

RYCIX vs. RYGRX - Sharpe Ratio Comparison

The current RYCIX Sharpe Ratio is -0.19, which is lower than the RYGRX Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of RYCIX and RYGRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RYCIX vs. RYGRX - Drawdown Comparison

The maximum RYCIX drawdown since its inception was -38.96%, smaller than the maximum RYGRX drawdown of -54.22%. Use the drawdown chart below to compare losses from any high point for RYCIX and RYGRX.

Drawdown Indicators

	RYCIX	RYGRX	Difference
Max Drawdown Largest peak-to-trough decline	-38.96%	-54.22%	+15.26%
Max Drawdown (1Y) Largest decline over 1 year	-11.48%	-11.17%	-0.31%
Max Drawdown (3Y) Largest decline over 3 years	-14.03%	-24.95%	+10.92%
Max Drawdown (5Y) Largest decline over 5 years	-15.66%	-36.57%	+20.91%
Max Drawdown (10Y) Largest decline over 10 years	-28.44%	-36.63%	+8.19%
Current Drawdown Current decline from peak	-9.21%	0.00%	-9.21%
Average Drawdown Average peak-to-trough decline	-7.31%	-9.39%	+2.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.64%	2.99%	+3.65%

Volatility

RYCIX vs. RYGRX - Volatility Comparison

The current volatility for Rydex Consumer Products Fund (RYCIX) is 4.93%, while Rydex S&P 500 Pure Growth Fund (RYGRX) has a volatility of 9.88%. This indicates that RYCIX experiences smaller price fluctuations and is considered to be less risky than RYGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYCIX	RYGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	9.88%	-4.95%
Volatility (6M) Calculated over the trailing 6-month period	9.89%	18.39%	-8.50%
Volatility (1Y) Calculated over the trailing 1-year period	12.79%	21.58%	-8.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.62%	23.83%	-9.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.34%	23.05%	-7.71%

RYCIX vs. RYGRX - Expense Ratio Comparison

RYCIX has a 1.39% expense ratio, which is lower than RYGRX's 2.26% expense ratio.

Dividends

RYCIX vs. RYGRX - Dividend Comparison

RYCIX's dividend yield for the trailing twelve months is around 17.04%, more than RYGRX's 3.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RYCIX Rydex Consumer Products Fund	17.04%	17.64%	6.59%	11.37%	7.18%	14.76%	8.33%	2.64%	7.21%	8.01%	1.39%	2.08%
RYGRX Rydex S&P 500 Pure Growth Fund	3.76%	5.09%	0.00%	0.00%	0.00%	2.81%	4.43%	12.10%	7.15%	6.26%	0.05%	2.96%

Frequently Asked Questions

Can I hold both RYCIX and RYGRX in my portfolio?

RYCIX and RYGRX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYCIX or RYGRX?

RYGRX has higher volatility (9.88%) compared to RYCIX (4.93%). In terms of maximum drawdown, RYCIX dropped -38.96% vs RYGRX's -54.22%.

Which has better risk-adjusted returns?

RYGRX currently has the higher Sharpe Ratio (2.05 vs -0.19), 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.