RYCRX vs. CREMX

Last updated Apr 2, 2026

Compare and contrast key facts about Rydex Real Estate Fund (RYCRX) and Redwood Real Estate Income Fund (CREMX).

RYCRX is managed by Rydex Funds. It was launched on Feb 20, 2004. CREMX is an actively managed fund by Redwood. It was launched on Jun 23, 2023.

Performance

RYCRX vs. CREMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Real Estate Fund (RYCRX) and Redwood Real Estate Income Fund (CREMX). The values are adjusted to include any dividend payments, if applicable.

RYCRX vs. CREMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
RYCRX Rydex Real Estate Fund	-1.26%	2.15%	4.92%	9.56%
CREMX Redwood Real Estate Income Fund	1.28%	7.72%	8.09%	1.95%

Returns By Period

In the year-to-date period, RYCRX achieves a -1.26% return, which is significantly lower than CREMX's 1.28% return.

RYCRX

• 1D: 1.46%
• 1M: -6.96%
• YTD: -1.26%
• 6M: -4.51%
• 1Y: -0.46%
• 3Y*: 5.09%
• 5Y*: 0.21%
• 10Y*: 2.71%

CREMX

• 1D: -0.55%
• 1M: -0.04%
• YTD: 1.28%
• 6M: 3.22%
• 1Y: 7.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RYCRX vs. CREMX - Expense Ratio Comparison

RYCRX has a 2.36% expense ratio, which is lower than CREMX's 5.16% expense ratio.

CREMX

Redwood Real Estate Income Fund

RYCRX

Rydex Real Estate Fund

Return for Risk

RYCRX vs. CREMX — Risk / Return Rank

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

RYCRX

RYCRX Risk / Return Rank: 4
RYCRX Sharpe Ratio Rank: 4
RYCRX Sortino Ratio Rank: 4
RYCRX Omega Ratio Rank: 4
RYCRX Calmar Ratio Rank: 5
RYCRX Martin Ratio Rank: 5

CREMX

CREMX Risk / Return Rank: 100
CREMX Sharpe Ratio Rank: 100
CREMX Sortino Ratio Rank: 100
CREMX Omega Ratio Rank: 100
CREMX Calmar Ratio Rank: 99
CREMX Martin Ratio Rank: 100

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.

RYCRX vs. CREMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Real Estate Fund (RYCRX) and Redwood Real Estate Income Fund (CREMX). 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.

	RYCRX	CREMX	Difference
Sharpe ratio Return per unit of total volatility	-0.03	9.78	-9.80
Sortino ratio Return per unit of downside risk	0.09	12.29	-12.21
Omega ratio Gain probability vs. loss probability	1.01	11.91	-10.90
Calmar ratio Return relative to maximum drawdown	0.03	12.82	-12.80
Martin ratio Return relative to average drawdown	0.08	85.27	-85.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYCRX vs. CREMX - Sharpe Ratio Comparison

The current RYCRX Sharpe Ratio is -0.03, which is lower than the CREMX Sharpe Ratio of 9.78. The chart below compares the historical Sharpe Ratios of RYCRX and CREMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RYCRX	CREMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.03	9.78	-9.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.13	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	7.88	-7.78

Correlation

The correlation between RYCRX and CREMX is -0.01. 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

RYCRX vs. CREMX - Dividend Comparison

RYCRX's dividend yield for the trailing twelve months is around 4.48%, less than CREMX's 6.69% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RYCRX Rydex Real Estate Fund	4.48%	4.43%	0.98%	2.34%	4.55%	0.42%	10.95%	1.94%	0.82%	0.58%	6.91%	1.36%
CREMX Redwood Real Estate Income Fund	6.69%	7.38%	7.64%	1.98%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

RYCRX vs. CREMX - Drawdown Comparison

The maximum RYCRX drawdown since its inception was -74.89%, which is greater than CREMX's maximum drawdown of -0.71%. Use the drawdown chart below to compare losses from any high point for RYCRX and CREMX.

Drawdown Indicators

	RYCRX	CREMX	Difference
Max Drawdown Largest peak-to-trough decline	-74.89%	-0.71%	-74.18%
Max Drawdown (1Y) Largest decline over 1 year	-13.01%	-0.55%	-12.46%
Max Drawdown (5Y) Largest decline over 5 years	-36.88%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.88%	—	—
Current Drawdown Current decline from peak	-16.49%	-0.55%	-15.94%
Average Drawdown Average peak-to-trough decline	-18.87%	-0.02%	-18.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.11%	0.08%	+4.03%

Volatility

RYCRX vs. CREMX - Volatility Comparison

Rydex Real Estate Fund (RYCRX) has a higher volatility of 4.68% compared to Redwood Real Estate Income Fund (CREMX) at 0.59%. This indicates that RYCRX's price experiences larger fluctuations and is considered to be riskier than CREMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYCRX	CREMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.68%	0.59%	+4.09%
Volatility (6M) Calculated over the trailing 6-month period	9.57%	0.65%	+8.92%
Volatility (1Y) Calculated over the trailing 1-year period	17.37%	0.89%	+16.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.20%	0.96%	+18.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.38%	0.96%	+20.42%