RYCRX vs. RYAIX
RYCRX (Rydex Real Estate Fund) and RYAIX (Rydex Inverse NASDAQ-100 Strategy Fund) are both mutual funds - RYCRX is a REIT fund managed by Rydex Funds, while RYAIX is a Inverse Equities fund managed by Rydex Funds. Over the past 10 years, RYCRX returned 3.07%/yr vs -18.82%/yr for RYAIX. At a correlation of -0.56, they often move in opposite directions. RYCRX charges 2.36%/yr vs 1.55%/yr for RYAIX.
Performance
RYCRX vs. RYAIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RYCRX achieves a 11.23% return, which is significantly higher than RYAIX's -14.53% return. Over the past 10 years, RYCRX has outperformed RYAIX with an annualized return of 3.07%, while RYAIX has yielded a comparatively lower -18.82% annualized return.
RYCRX
- 1D
- 0.46%
- 1M
- 1.26%
- 6M
- 7.57%
- YTD
- 11.23%
- 1Y
- 12.85%
- 3Y*
- 7.33%
- 5Y*
- 0.57%
- 10Y*
- 3.07%
RYAIX
- 1D
- 0.30%
- 1M
- 1.66%
- 6M
- -13.69%
- YTD
- -14.53%
- 1Y
- -20.79%
- 3Y*
- -16.65%
- 5Y*
- -13.01%
- 10Y*
- -18.82%
RYCRX vs. RYAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYCRX Rydex Real Estate Fund | 11.23% | 2.15% | 4.92% | 9.78% | -28.10% | 33.75% | -6.05% | 23.45% | -8.28% | 5.49% |
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | -14.53% | -15.63% | -15.64% | -31.71% | 35.92% | -24.88% | -40.98% | -27.65% | -2.63% | -24.47% |
Correlation
The correlation between RYCRX and RYAIX is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.44 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2005 | -0.56 |
Over the past year, the inverse relationship between RYCRX and RYAIX has weakened: their correlation has moved from -0.56 to -0.10, meaning they move in opposite directions less often than they have historically.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RYCRX vs. RYAIX — Risk / Return Rank
RYCRX
RYAIX
RYCRX vs. RYAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Real Estate Fund (RYCRX) 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.
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.
| RYCRX | RYAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.10 | ||
| Sortino ratioReturn per unit of downside risk | +3.09 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.82 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | -0.82 | +2.43 |
| Martin ratioReturn relative to average drawdown | 4.05 | -1.69 | +5.74 |
Loading charts...
Drawdowns
RYCRX vs. RYAIX - Drawdown Comparison
The maximum RYCRX drawdown since its inception was -74.89%, smaller than the maximum RYAIX drawdown of -98.93%. Use the drawdown chart below to compare losses from any high point for RYCRX and RYAIX.
Loading charts...
Drawdown Indicators
| RYCRX | RYAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.89% | -98.93% | +24.04% |
Max Drawdown (1Y)Largest decline over 1 year | -8.76% | -25.47% | +16.71% |
Max Drawdown (3Y)Largest decline over 3 years | -18.78% | -50.13% | +31.35% |
Max Drawdown (5Y)Largest decline over 5 years | -36.88% | -61.15% | +24.27% |
Max Drawdown (10Y)Largest decline over 10 years | -45.88% | -87.96% | +42.08% |
Current DrawdownCurrent decline from peak | -5.93% | -98.89% | +92.96% |
Average DrawdownAverage peak-to-trough decline | -18.74% | -73.39% | +54.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 12.37% | -8.90% |
Volatility
RYCRX vs. RYAIX - Volatility Comparison
The current volatility for Rydex Real Estate Fund (RYCRX) is 4.75%, while Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) has a volatility of 7.84%. This indicates that RYCRX experiences smaller price fluctuations and is considered to be less risky than RYAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RYCRX | RYAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.75% | 7.84% | -3.09% |
Volatility (6M)Calculated over the trailing 6-month period | 10.63% | 15.39% | -4.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.58% | 18.66% | -4.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.25% | 23.24% | -3.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.43% | 22.80% | -1.37% |
RYCRX vs. RYAIX - Expense Ratio Comparison
RYCRX has a 2.36% expense ratio, which is higher than RYAIX's 1.55% expense ratio.
Dividends
RYCRX vs. RYAIX - Dividend Comparison
RYCRX's dividend yield for the trailing twelve months is around 3.98%, more than RYAIX's 2.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | 2.61% | 2.23% | 5.67% | 4.81% | 0.00% | 0.00% | 0.09% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% |
RYCRX Rydex Real Estate Fund | 3.98% | 4.43% | 0.98% | 2.34% | 4.55% | 0.42% | 10.95% | 1.94% | 0.82% | 0.58% | 6.91% | 1.36% |
Frequently Asked Questions
RYCRX and RYAIX have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYAIX has higher volatility (7.84%) compared to RYCRX (4.75%). In terms of maximum drawdown, RYCRX dropped -74.89% vs RYAIX's -98.93%.
RYCRX currently has the higher Sharpe Ratio (0.97 vs -1.12), 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.
Find the right allocation for RYCRX and RYAIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer