RYCLX vs. RYDAX
Compare and contrast key facts about Rydex Inverse Mid-Cap Strategy Fund (RYCLX) and Rydex Dow Jones Industrial Average Fund (RYDAX).
RYCLX is managed by Rydex Funds. It was launched on Feb 19, 2004. RYDAX is managed by Rydex Funds. It was launched on Dec 1, 2015.
Performance
RYCLX vs. RYDAX - Performance Comparison
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RYCLX vs. RYDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYCLX Rydex Inverse Mid-Cap Strategy Fund | 0.49% | -1.04% | -5.59% | -8.75% | 8.93% | -24.21% | -25.53% | -21.03% | 11.39% | -14.94% |
RYDAX Rydex Dow Jones Industrial Average Fund | -5.94% | 12.98% | 13.10% | 14.36% | -8.88% | 19.11% | 7.47% | 23.13% | -5.14% | 26.19% |
Returns By Period
In the year-to-date period, RYCLX achieves a 0.49% return, which is significantly higher than RYDAX's -5.94% return. Over the past 10 years, RYCLX has underperformed RYDAX with an annualized return of -10.42%, while RYDAX has yielded a comparatively higher 10.22% annualized return.
RYCLX
- 1D
- 0.86%
- 1M
- 8.76%
- YTD
- 0.49%
- 6M
- 1.69%
- 1Y
- -8.64%
- 3Y*
- -4.16%
- 5Y*
- -3.97%
- 10Y*
- -10.42%
RYDAX
- 1D
- -0.06%
- 1M
- -7.64%
- YTD
- -5.94%
- 6M
- -2.59%
- 1Y
- 7.67%
- 3Y*
- 10.99%
- 5Y*
- 6.69%
- 10Y*
- 10.22%
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RYCLX vs. RYDAX - Expense Ratio Comparison
RYCLX has a 2.39% expense ratio, which is higher than RYDAX's 1.58% expense ratio.
Return for Risk
RYCLX vs. RYDAX — Risk / Return Rank
RYCLX
RYDAX
RYCLX vs. RYDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse Mid-Cap Strategy Fund (RYCLX) and Rydex Dow Jones Industrial Average Fund (RYDAX). 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.
| RYCLX | RYDAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.42 | 0.53 | -0.95 |
Sortino ratioReturn per unit of downside risk | -0.46 | 0.87 | -1.33 |
Omega ratioGain probability vs. loss probability | 0.94 | 1.12 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | -0.27 | 0.63 | -0.90 |
Martin ratioReturn relative to average drawdown | -0.36 | 2.34 | -2.70 |
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
| RYCLX | RYDAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.42 | 0.53 | -0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.19 | 0.46 | -0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.49 | 0.58 | -1.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.53 | 0.59 | -1.12 |
Correlation
The correlation between RYCLX and RYDAX is -0.84. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
RYCLX vs. RYDAX - Dividend Comparison
RYCLX's dividend yield for the trailing twelve months is around 32.85%, more than RYDAX's 0.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
RYCLX Rydex Inverse Mid-Cap Strategy Fund | 32.85% | 33.01% | 25.75% | 9.12% | 0.00% | 0.00% | 0.76% | 0.89% | 0.00% | 0.00% | 0.00% |
RYDAX Rydex Dow Jones Industrial Average Fund | 0.40% | 0.38% | 1.73% | 0.75% | 3.17% | 1.22% | 4.87% | 4.02% | 1.25% | 3.70% | 0.56% |
Drawdowns
RYCLX vs. RYDAX - Drawdown Comparison
The maximum RYCLX drawdown since its inception was -95.37%, which is greater than RYDAX's maximum drawdown of -37.34%. Use the drawdown chart below to compare losses from any high point for RYCLX and RYDAX.
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Drawdown Indicators
| RYCLX | RYDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.37% | -37.34% | -58.03% |
Max Drawdown (1Y)Largest decline over 1 year | -26.30% | -10.87% | -15.43% |
Max Drawdown (5Y)Largest decline over 5 years | -30.60% | -22.12% | -8.48% |
Max Drawdown (10Y)Largest decline over 10 years | -70.37% | -37.34% | -33.03% |
Current DrawdownCurrent decline from peak | -94.92% | -9.86% | -85.06% |
Average DrawdownAverage peak-to-trough decline | -69.97% | -4.38% | -65.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.44% | 2.95% | +16.49% |
Volatility
RYCLX vs. RYDAX - Volatility Comparison
Rydex Inverse Mid-Cap Strategy Fund (RYCLX) has a higher volatility of 5.70% compared to Rydex Dow Jones Industrial Average Fund (RYDAX) at 3.99%. This indicates that RYCLX's price experiences larger fluctuations and is considered to be riskier than RYDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYCLX | RYDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.70% | 3.99% | +1.71% |
Volatility (6M)Calculated over the trailing 6-month period | 11.51% | 8.92% | +2.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.92% | 16.68% | +4.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.52% | 14.73% | +5.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.42% | 17.56% | +3.86% |