RYCKX vs. RYCZX
RYCKX (Rydex S&P MidCap 400 Pure Growth Fund) and RYCZX (Rydex Inverse Dow 2x Strategy Fund) are both mutual funds - RYCKX is a Mid Cap Growth Equities fund managed by Rydex Funds, while RYCZX is a Inverse Equities fund managed by Rydex Funds. Over the past 10 years, RYCKX returned 7.23%/yr vs -25.60%/yr for RYCZX. Their -0.79 correlation means they have often moved in opposite directions in the past. RYCKX charges 2.26%/yr vs 2.70%/yr for RYCZX.
Performance
RYCKX vs. RYCZX - Performance Comparison
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Returns By Period
In the year-to-date period, RYCKX achieves a 12.35% return, which is significantly higher than RYCZX's -15.64% return. Over the past 10 years, RYCKX has outperformed RYCZX with an annualized return of 7.23%, while RYCZX has yielded a comparatively lower -25.60% annualized return.
RYCKX
- 1D
- 2.48%
- 1M
- -4.87%
- 6M
- 7.29%
- YTD
- 12.35%
- 1Y
- 17.29%
- 3Y*
- 11.54%
- 5Y*
- 4.05%
- 10Y*
- 7.23%
- ALL TIME*
- 7.68%
RYCZX
- 1D
- -2.34%
- 1M
- 2.78%
- 6M
- -12.90%
- YTD
- -15.64%
- 1Y
- -29.67%
- 3Y*
- -20.73%
- 5Y*
- -16.29%
- 10Y*
- -25.60%
- ALL TIME*
- -23.06%
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 |
RYCKX vs. RYCZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYCKX Rydex S&P MidCap 400 Pure Growth Fund | 12.35% | 6.61% | 15.10% | 13.97% | -23.05% | 11.26% | 29.72% | 14.60% | -15.17% | 18.02% |
RYCZX Rydex Inverse Dow 2x Strategy Fund | -15.64% | -22.14% | -16.97% | -19.05% | 5.48% | -36.32% | -45.37% | -36.65% | 0.75% | -39.59% |
Correlation
The correlation between RYCKX and RYCZX is -0.67, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.67 |
Correlation (3Y) Balances recent behavior with more history. | -0.72 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.77 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.76 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2005 | -0.79 |
The correlation between RYCKX and RYCZX shifts across timeframes, from -0.79 (all time) to -0.67 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RYCKX vs. RYCZX — Risk / Return Rank
RYCKX
RYCZX
RYCKX vs. RYCZX - 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 Dow 2x Strategy Fund (RYCZX). 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.
| RYCKX | RYCZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.77 | ||
| Sortino ratioReturn per unit of downside risk | +2.62 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.83 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | -0.84 | +2.15 |
| Martin ratioReturn relative to average drawdown | 4.47 | -1.42 | +5.89 |
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Drawdowns
RYCKX vs. RYCZX - Drawdown Comparison
The maximum RYCKX drawdown since its inception was -52.60%, smaller than the maximum RYCZX drawdown of -99.80%. Use the drawdown chart below to compare losses from any high point for RYCKX and RYCZX.
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Drawdown Indicators
| RYCKX | RYCZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.60% | -99.80% | +47.20% |
Max Drawdown (1Y)Largest decline over 1 year | -10.50% | -32.00% | +21.50% |
Max Drawdown (3Y)Largest decline over 3 years | -27.14% | -60.61% | +33.47% |
Max Drawdown (5Y)Largest decline over 5 years | -35.98% | -68.62% | +32.64% |
Max Drawdown (10Y)Largest decline over 10 years | -44.75% | -95.14% | +50.39% |
Current DrawdownCurrent decline from peak | -7.89% | -99.79% | +91.90% |
Average DrawdownAverage peak-to-trough decline | -9.47% | -78.99% | +69.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 18.84% | -15.68% |
Volatility
RYCKX vs. RYCZX - Volatility Comparison
The current volatility for Rydex S&P MidCap 400 Pure Growth Fund (RYCKX) is 6.19%, while Rydex Inverse Dow 2x Strategy Fund (RYCZX) has a volatility of 7.38%. This indicates that RYCKX experiences smaller price fluctuations and is considered to be less risky than RYCZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYCKX | RYCZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.19% | 7.38% | -1.19% |
Volatility (6M)Calculated over the trailing 6-month period | 16.24% | 19.78% | -3.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.70% | 25.10% | -5.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.97% | 29.66% | -6.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.11% | 35.21% | -12.10% |
RYCKX vs. RYCZX - Expense Ratio Comparison
RYCKX has a 2.26% expense ratio, which is lower than RYCZX's 2.70% expense ratio.
Dividends
RYCKX vs. RYCZX - Dividend Comparison
RYCKX has not paid dividends to shareholders, while RYCZX's dividend yield for the trailing twelve months is around 6.97%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RYCZX Rydex Inverse Dow 2x Strategy Fund | 6.97% | 5.88% | 4.32% | 1.00% | 0.00% | 0.00% | 0.05% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RYCKX and RYCZX have a correlation of -0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYCZX has higher volatility (7.38%) compared to RYCKX (6.19%). In terms of maximum drawdown, RYCKX dropped -52.60% vs RYCZX's -99.80%.
RYCKX currently has the higher Sharpe Ratio (0.70 vs -1.07), 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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