RYCYX vs. CNPIX

Last updated Apr 1, 2026

Compare and contrast key facts about Rydex Dow 2x Strategy Fund (RYCYX) and ProFunds Consumer Goods UltraSector Fund (CNPIX).

RYCYX is managed by Rydex Funds. It was launched on Feb 19, 2004. CNPIX is managed by ProFunds. It was launched on Jan 29, 2004.

Performance

RYCYX vs. CNPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Dow 2x Strategy Fund (RYCYX) and ProFunds Consumer Goods UltraSector Fund (CNPIX). The values are adjusted to include any dividend payments, if applicable.

RYCYX vs. CNPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYCYX Rydex Dow 2x Strategy Fund	-12.73%	18.63%	19.61%	22.59%	-20.44%	39.43%	1.17%	46.39%	-14.47%	56.42%
CNPIX ProFunds Consumer Goods UltraSector Fund	7.61%	-3.43%	12.77%	2.93%	-36.57%	26.52%	188.12%	40.51%	-22.66%	20.89%

Returns By Period

In the year-to-date period, RYCYX achieves a -12.73% return, which is significantly lower than CNPIX's 7.61% return. Over the past 10 years, RYCYX has outperformed CNPIX with an annualized return of 15.27%, while CNPIX has yielded a comparatively lower 13.60% annualized return.

RYCYX

• 1D: 0.21%
• 1M: -15.03%
• YTD: -12.73%
• 6M: -7.76%
• 1Y: 7.95%
• 3Y*: 15.16%
• 5Y*: 7.78%
• 10Y*: 15.27%

CNPIX

• 1D: 0.08%
• 1M: -12.92%
• YTD: 7.61%
• 6M: 5.95%
• 1Y: -1.30%
• 3Y*: 3.23%
• 5Y*: -1.15%
• 10Y*: 13.60%

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

RYCYX vs. CNPIX - Expense Ratio Comparison

RYCYX has a 2.61% expense ratio, which is higher than CNPIX's 1.78% expense ratio.

RYCYX

Rydex Dow 2x Strategy Fund

CNPIX

ProFunds Consumer Goods UltraSector Fund

Return for Risk

RYCYX vs. CNPIX — Risk / Return Rank

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

RYCYX

RYCYX Risk / Return Rank: 13
RYCYX Sharpe Ratio Rank: 11
RYCYX Sortino Ratio Rank: 14
RYCYX Omega Ratio Rank: 14
RYCYX Calmar Ratio Rank: 12
RYCYX Martin Ratio Rank: 12

CNPIX

CNPIX Risk / Return Rank: 6
CNPIX Sharpe Ratio Rank: 6
CNPIX Sortino Ratio Rank: 6
CNPIX Omega Ratio Rank: 6
CNPIX Calmar Ratio Rank: 6
CNPIX Martin Ratio Rank: 6

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.

RYCYX vs. CNPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Dow 2x Strategy Fund (RYCYX) and ProFunds Consumer Goods UltraSector Fund (CNPIX). 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.

	RYCYX	CNPIX	Difference
Sharpe ratio Return per unit of total volatility	0.30	0.04	+0.26
Sortino ratio Return per unit of downside risk	0.67	0.21	+0.46
Omega ratio Gain probability vs. loss probability	1.09	1.02	+0.07
Calmar ratio Return relative to maximum drawdown	0.30	0.01	+0.29
Martin ratio Return relative to average drawdown	1.04	0.03	+1.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYCYX vs. CNPIX - Sharpe Ratio Comparison

The current RYCYX Sharpe Ratio is 0.30, which is higher than the CNPIX Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of RYCYX and CNPIX, 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

	RYCYX	CNPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.30	0.04	+0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	-0.05	+0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	0.34	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.37	-0.09

Correlation

The correlation between RYCYX and CNPIX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

RYCYX vs. CNPIX - Dividend Comparison

RYCYX's dividend yield for the trailing twelve months is around 2.06%, more than CNPIX's 0.56% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RYCYX Rydex Dow 2x Strategy Fund	2.06%	1.80%	4.14%	0.48%	2.55%	4.76%	0.00%	3.81%	0.00%	5.81%	0.65%	7.34%
CNPIX ProFunds Consumer Goods UltraSector Fund	0.56%	0.60%	1.55%	1.59%	0.00%	1.45%	0.00%	2.77%	1.64%	0.07%	0.00%	0.50%

Drawdowns

RYCYX vs. CNPIX - Drawdown Comparison

The maximum RYCYX drawdown since its inception was -82.36%, which is greater than CNPIX's maximum drawdown of -60.04%. Use the drawdown chart below to compare losses from any high point for RYCYX and CNPIX.

Drawdown Indicators

	RYCYX	CNPIX	Difference
Max Drawdown Largest peak-to-trough decline	-82.36%	-60.04%	-22.32%
Max Drawdown (1Y) Largest decline over 1 year	-21.04%	-14.46%	-6.58%
Max Drawdown (5Y) Largest decline over 5 years	-40.72%	-45.40%	+4.68%
Max Drawdown (10Y) Largest decline over 10 years	-63.19%	-46.56%	-16.63%
Current Drawdown Current decline from peak	-19.32%	-27.40%	+8.08%
Average Drawdown Average peak-to-trough decline	-18.23%	-12.84%	-5.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.04%	6.51%	-0.47%

Volatility

RYCYX vs. CNPIX - Volatility Comparison

Rydex Dow 2x Strategy Fund (RYCYX) has a higher volatility of 8.17% compared to ProFunds Consumer Goods UltraSector Fund (CNPIX) at 6.02%. This indicates that RYCYX's price experiences larger fluctuations and is considered to be riskier than CNPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYCYX	CNPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.17%	6.02%	+2.15%
Volatility (6M) Calculated over the trailing 6-month period	17.91%	13.90%	+4.01%
Volatility (1Y) Calculated over the trailing 1-year period	33.39%	20.72%	+12.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.41%	23.63%	+5.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.12%	40.37%	-5.25%