RYCRX vs. FTEC
Compare and contrast key facts about Rydex Real Estate Fund (RYCRX) and Fidelity MSCI Information Technology Index ETF (FTEC).
RYCRX is managed by Rydex Funds. It was launched on Feb 20, 2004. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYCRX or FTEC.
Correlation
The correlation between RYCRX and FTEC is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RYCRX vs. FTEC - Performance Comparison
Key characteristics
RYCRX:
0.78
FTEC:
1.10
RYCRX:
1.12
FTEC:
1.53
RYCRX:
1.14
FTEC:
1.20
RYCRX:
0.43
FTEC:
1.63
RYCRX:
2.74
FTEC:
5.65
RYCRX:
4.45%
FTEC:
4.40%
RYCRX:
15.74%
FTEC:
22.56%
RYCRX:
-74.89%
FTEC:
-34.95%
RYCRX:
-15.93%
FTEC:
-3.59%
Returns By Period
In the year-to-date period, RYCRX achieves a 1.54% return, which is significantly higher than FTEC's 0.42% return. Over the past 10 years, RYCRX has underperformed FTEC with an annualized return of 2.60%, while FTEC has yielded a comparatively higher 20.02% annualized return.
RYCRX
1.54%
1.45%
-2.42%
10.95%
-0.11%
2.60%
FTEC
0.42%
-3.32%
7.87%
21.99%
19.87%
20.02%
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RYCRX vs. FTEC - Expense Ratio Comparison
RYCRX has a 2.36% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
RYCRX vs. FTEC — Risk-Adjusted Performance Rank
RYCRX
FTEC
RYCRX vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Real Estate Fund (RYCRX) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.
Dividends
RYCRX vs. FTEC - Dividend Comparison
RYCRX's dividend yield for the trailing twelve months is around 0.96%, more than FTEC's 0.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYCRX Rydex Real Estate Fund | 0.96% | 0.98% | 2.34% | 4.55% | 0.43% | 10.95% | 1.94% | 0.82% | 0.58% | 6.91% | 1.36% | 0.96% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.49% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% |
Drawdowns
RYCRX vs. FTEC - Drawdown Comparison
The maximum RYCRX drawdown since its inception was -74.89%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for RYCRX and FTEC. For additional features, visit the drawdowns tool.
Volatility
RYCRX vs. FTEC - Volatility Comparison
The current volatility for Rydex Real Estate Fund (RYCRX) is 4.00%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 7.87%. This indicates that RYCRX experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.