RYCKX vs. RYAIX
RYCKX (Rydex S&P MidCap 400 Pure Growth Fund) and RYAIX (Rydex Inverse NASDAQ-100 Strategy Fund) are both mutual funds - RYCKX is a Mid Cap Growth Equities fund managed by Rydex Funds, while RYAIX is a Inverse Equities fund managed by Rydex Funds. Over the past 10 years, RYCKX returned 8.17%/yr vs -19.29%/yr for RYAIX. At a correlation of -0.80, they often move in opposite directions. RYCKX charges 2.26%/yr vs 1.55%/yr for RYAIX.
Performance
RYCKX vs. RYAIX - Performance Comparison
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Returns By Period
In the year-to-date period, RYCKX achieves a 20.27% return, which is significantly higher than RYAIX's -17.50% return. Over the past 10 years, RYCKX has outperformed RYAIX with an annualized return of 8.17%, while RYAIX has yielded a comparatively lower -19.29% annualized return.
RYCKX
- 1D
- 0.61%
- 1M
- 6.36%
- YTD
- 20.27%
- 6M
- 19.77%
- 1Y
- 29.41%
- 3Y*
- 17.75%
- 5Y*
- 6.37%
- 10Y*
- 8.17%
RYAIX
- 1D
- -0.46%
- 1M
- -9.69%
- YTD
- -17.50%
- 6M
- -16.04%
- 1Y
- -27.23%
- 3Y*
- -19.27%
- 5Y*
- -15.08%
- 10Y*
- -19.29%
RYCKX vs. RYAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYCKX Rydex S&P MidCap 400 Pure Growth Fund | 20.27% | 6.61% | 15.10% | 13.97% | -23.05% | 11.26% | 29.72% | 14.60% | -15.17% | 18.02% |
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | -17.50% | -15.63% | -15.64% | -31.71% | 35.92% | -24.88% | -40.98% | -27.65% | -2.63% | -24.47% |
Correlation
The correlation between RYCKX and RYAIX is -0.69, 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 | -0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.74 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2005 | -0.80 |
The correlation between RYCKX and RYAIX shifts across timeframes, from -0.80 (all time) to -0.66 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
RYCKX vs. RYAIX — Risk / Return Rank
RYCKX
RYAIX
RYCKX vs. RYAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex S&P MidCap 400 Pure Growth Fund (RYCKX) 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.
| RYCKX | RYAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.41 | ||
| Sortino ratioReturn per unit of downside risk | +5.01 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 0.73 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | -1.01 | +3.96 |
| Martin ratioReturn relative to average drawdown | 11.86 | -2.23 | +14.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RYCKX | RYAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | -1.73 | +3.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | -0.66 | +0.94 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | -0.85 | +1.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | -0.17 | +0.52 |
Drawdowns
RYCKX vs. RYAIX - Drawdown Comparison
The maximum RYCKX drawdown since its inception was -52.60%, smaller than the maximum RYAIX drawdown of -98.93%. Use the drawdown chart below to compare losses from any high point for RYCKX and RYAIX.
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Drawdown Indicators
| RYCKX | RYAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.60% | -98.93% | +46.33% |
Max Drawdown (1Y)Largest decline over 1 year | -10.50% | -27.64% | +17.14% |
Max Drawdown (3Y)Largest decline over 3 years | -27.14% | -50.13% | +22.99% |
Max Drawdown (5Y)Largest decline over 5 years | -35.98% | -61.15% | +25.17% |
Max Drawdown (10Y)Largest decline over 10 years | -44.75% | -89.04% | +44.29% |
Current DrawdownCurrent decline from peak | 0.00% | -98.93% | +98.93% |
Average DrawdownAverage peak-to-trough decline | -9.52% | -73.29% | +63.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 12.65% | -10.05% |
Volatility
RYCKX vs. RYAIX - Volatility Comparison
Rydex S&P MidCap 400 Pure Growth Fund (RYCKX) has a higher volatility of 6.42% compared to Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) at 4.52%. This indicates that RYCKX's price experiences larger fluctuations and is considered to be riskier 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
| RYCKX | RYAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.42% | 4.52% | +1.90% |
Volatility (6M)Calculated over the trailing 6-month period | 14.65% | 12.35% | +2.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.34% | 16.17% | +2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.78% | 22.86% | -0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.06% | 22.66% | +0.40% |
RYCKX vs. RYAIX - Expense Ratio Comparison
RYCKX has a 2.26% expense ratio, which is higher than RYAIX's 1.55% expense ratio.
Dividends
RYCKX vs. RYAIX - Dividend Comparison
RYCKX has not paid dividends to shareholders, while RYAIX's dividend yield for the trailing twelve months is around 2.70%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | 2.70% | 2.23% | 5.67% | 4.81% | 0.00% | 0.00% | 0.09% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% |
RYCKX Rydex S&P MidCap 400 Pure Growth Fund | 0.00% | 0.00% | 20.92% | 0.00% | 14.34% | 13.66% | 1.29% | 0.00% | 18.93% | 7.60% | 1.72% | 5.90% |
Frequently Asked Questions
RYCKX and RYAIX have a correlation of -0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYCKX has higher volatility (6.42%) compared to RYAIX (4.52%). In terms of maximum drawdown, RYCKX dropped -52.60% vs RYAIX's -98.93%.
RYCKX currently has the higher Sharpe Ratio (1.69 vs -1.73), 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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