RYCYX vs. RYTNX
RYCYX (Rydex Dow 2x Strategy Fund) and RYTNX (Rydex S&P 500 2x Strategy Fund) are both Leveraged Equities funds from Rydex Funds. Over the past 10 years, RYCYX returned 17.59%/yr vs 21.48%/yr for RYTNX. Their correlation of 0.93 means they have usually moved in the same direction. RYCYX charges 2.61%/yr vs 1.82%/yr for RYTNX.
Performance
RYCYX vs. RYTNX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with RYCYX having a 14.06% return and RYTNX slightly lower at 13.96%. Over the past 10 years, RYCYX has underperformed RYTNX with an annualized return of 17.59%, while RYTNX has yielded a comparatively higher 21.48% annualized return.
RYCYX
- 1D
- 2.36%
- 1M
- -3.14%
- 6M
- 10.85%
- YTD
- 14.06%
- 1Y
- 35.66%
- 3Y*
- 21.18%
- 5Y*
- 11.23%
- 10Y*
- 17.59%
- ALL TIME*
- 11.36%
RYTNX
- 1D
- 3.28%
- 1M
- -1.58%
- 6M
- 11.42%
- YTD
- 13.96%
- 1Y
- 33.89%
- 3Y*
- 28.59%
- 5Y*
- 15.31%
- 10Y*
- 21.48%
- ALL TIME*
- 9.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
RYCYX vs. RYTNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYCYX Rydex Dow 2x Strategy Fund | 14.06% | 18.63% | 19.61% | 22.59% | -20.44% | 39.43% | 1.17% | 46.39% | -14.47% | 56.42% |
RYTNX Rydex S&P 500 2x Strategy Fund | 13.96% | 24.88% | 41.95% | 45.20% | -39.32% | 55.55% | 20.31% | 62.29% | -15.06% | 42.95% |
Correlation
The correlation between RYCYX and RYTNX is 0.80, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.82 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.87 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2005 | 0.93 |
The correlation between RYCYX and RYTNX shifts across timeframes, from 0.80 (1 year) to 0.93 (all time), reflecting how their relationship changes across market environments.
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
RYCYX vs. RYTNX — Risk / Return Rank
RYCYX
RYTNX
RYCYX vs. RYTNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Dow 2x Strategy Fund (RYCYX) and Rydex S&P 500 2x Strategy Fund (RYTNX). 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.
| RYCYX | RYTNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.20 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 1.56 | 0.00 |
| Martin ratioReturn relative to average drawdown | 5.68 | 6.24 | -0.55 |
Loading charts...
Drawdowns
RYCYX vs. RYTNX - Drawdown Comparison
The maximum RYCYX drawdown since its inception was -82.36%, roughly equal to the maximum RYTNX drawdown of -86.64%. Use the drawdown chart below to compare losses from any high point for RYCYX and RYTNX.
Loading charts...
Drawdown Indicators
| RYCYX | RYTNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.36% | -86.64% | +4.28% |
Max Drawdown (1Y)Largest decline over 1 year | -19.49% | -18.43% | -1.06% |
Max Drawdown (3Y)Largest decline over 3 years | -32.15% | -35.36% | +3.21% |
Max Drawdown (5Y)Largest decline over 5 years | -40.72% | -47.01% | +6.29% |
Max Drawdown (10Y)Largest decline over 10 years | -63.19% | -59.23% | -3.96% |
Current DrawdownCurrent decline from peak | -3.74% | -5.43% | +1.69% |
Average DrawdownAverage peak-to-trough decline | -18.00% | -28.39% | +10.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.34% | 4.59% | +0.75% |
Volatility
RYCYX vs. RYTNX - Volatility Comparison
Rydex Dow 2x Strategy Fund (RYCYX) has a higher volatility of 7.47% compared to Rydex S&P 500 2x Strategy Fund (RYTNX) at 6.88%. This indicates that RYCYX's price experiences larger fluctuations and is considered to be riskier than RYTNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RYCYX | RYTNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.47% | 6.88% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 19.76% | 20.17% | -0.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.18% | 25.67% | -0.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.69% | 33.98% | -4.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.21% | 36.17% | -0.96% |
RYCYX vs. RYTNX - Expense Ratio Comparison
RYCYX has a 2.61% expense ratio, which is higher than RYTNX's 1.82% expense ratio.
Dividends
RYCYX vs. RYTNX - Dividend Comparison
RYCYX's dividend yield for the trailing twelve months is around 1.58%, less than RYTNX's 4.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYCYX Rydex Dow 2x Strategy Fund | 1.58% | 1.80% | 4.14% | 0.48% | 2.55% | 4.76% | 0.00% | 3.81% | 0.00% | 5.81% | 0.65% | 7.34% |
RYTNX Rydex S&P 500 2x Strategy Fund | 4.20% | 4.79% | 5.45% | 0.14% | 0.00% | 0.14% | 0.69% | 1.84% | 0.00% | 5.84% | 0.16% | 1.52% |
Frequently Asked Questions
RYCYX and RYTNX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYCYX has higher volatility (7.47%) compared to RYTNX (6.88%). In terms of maximum drawdown, RYCYX dropped -82.36% vs RYTNX's -86.64%.
RYCYX currently has the higher Sharpe Ratio (1.21 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 RYCYX and RYTNX
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