RYCZX vs. DRCVX

Last updated Jul 14, 2026

RYCZX (Rydex Inverse Dow 2x Strategy Fund) and DRCVX (Comstock Capital Value Fund) are both Inverse Equities funds. Over the past 10 years, RYCZX returned -25.79%/yr vs -3.79%/yr for DRCVX. A 0.58 correlation means they provide meaningful diversification when combined. RYCZX charges 2.70%/yr vs 0.00%/yr for DRCVX.

Performance

RYCZX vs. DRCVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Inverse Dow 2x Strategy Fund (RYCZX) and Comstock Capital Value Fund (DRCVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RYCZX achieves a -17.04% return, which is significantly lower than DRCVX's 3.62% return. Over the past 10 years, RYCZX has underperformed DRCVX with an annualized return of -25.79%, while DRCVX has yielded a comparatively higher -3.79% annualized return.

RYCZX

• 1D: -0.49%
• 1M: -5.19%
• 6M: -11.75%
• YTD: -17.04%
• 1Y: -28.06%
• 3Y*: -22.97%
• 5Y*: -16.72%
• 10Y*: -25.79%

DRCVX

• 1D: 0.00%
• 1M: 0.44%
• 6M: 3.39%
• YTD: 3.62%
• 1Y: 7.35%
• 3Y*: 7.25%
• 5Y*: 5.35%
• 10Y*: -3.79%

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

RYCZX vs. DRCVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYCZX Rydex Inverse Dow 2x Strategy Fund	-17.04%	-22.14%	-16.97%	-19.05%	5.48%	-36.32%	-45.37%	-36.65%	0.75%	-39.59%
DRCVX Comstock Capital Value Fund	3.62%	11.55%	2.02%	6.55%	4.13%	-2.16%	-5.36%	-25.76%	7.76%	-20.58%

Correlation

The correlation between RYCZX and DRCVX is -0.51, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.51
Correlation (3Y) Calculated over the trailing 3-year period	-0.59
Correlation (5Y) Calculated over the trailing 5-year period	-0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jan 3, 2005	0.58

The correlation between RYCZX and DRCVX shifts across timeframes, from -0.59 (3 years) to 0.58 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RYCZX vs. DRCVX — Risk / Return Rank

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

RYCZX

RYCZX Risk / Return Rank: 0
RYCZX Sharpe Ratio Rank: 0
RYCZX Sortino Ratio Rank: 0
RYCZX Omega Ratio Rank: 0
RYCZX Calmar Ratio Rank: 0
RYCZX Martin Ratio Rank: 0

DRCVX

DRCVX Risk / Return Rank: 96
DRCVX Sharpe Ratio Rank: 94
DRCVX Sortino Ratio Rank: 94
DRCVX Omega Ratio Rank: 93
DRCVX Calmar Ratio Rank: 98
DRCVX Martin Ratio Rank: 98

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.

RYCZX vs. DRCVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse Dow 2x Strategy Fund (RYCZX) and Comstock Capital Value Fund (DRCVX). 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.

	RYCZX	DRCVX	Difference
Sharpe ratio: Return per unit of total volatility	-1.10	2.60	-3.71
Sortino ratio: Return per unit of downside risk	-1.54	4.13	-5.67
Omega ratio: Gain probability vs. loss probability	0.82	1.61	-0.78
Calmar ratio: Return relative to maximum drawdown	-0.85	8.28	-9.13
Martin ratio: Return relative to average drawdown	-1.55	29.55	-31.10

RYCZX vs. DRCVX - Sharpe Ratio Comparison

The current RYCZX Sharpe Ratio is -1.10, which is lower than the DRCVX Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of RYCZX and DRCVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RYCZX vs. DRCVX - Drawdown Comparison

The maximum RYCZX drawdown since its inception was -99.80%, roughly equal to the maximum DRCVX drawdown of -97.47%. Use the drawdown chart below to compare losses from any high point for RYCZX and DRCVX.

Drawdown Indicators

	RYCZX	DRCVX	Difference
Max Drawdown Largest peak-to-trough decline	-99.80%	-97.47%	-2.33%
Max Drawdown (1Y) Largest decline over 1 year	-32.00%	-0.89%	-31.11%
Max Drawdown (3Y) Largest decline over 3 years	-60.61%	-3.82%	-56.79%
Max Drawdown (5Y) Largest decline over 5 years	-68.62%	-4.08%	-64.54%
Max Drawdown (10Y) Largest decline over 10 years	-95.14%	-49.64%	-45.50%
Current Drawdown Current decline from peak	-99.79%	-96.60%	-3.19%
Average Drawdown Average peak-to-trough decline	-78.94%	-65.96%	-12.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.50%	0.25%	+17.25%

Volatility

RYCZX vs. DRCVX - Volatility Comparison

Rydex Inverse Dow 2x Strategy Fund (RYCZX) has a higher volatility of 7.27% compared to Comstock Capital Value Fund (DRCVX) at 0.97%. This indicates that RYCZX's price experiences larger fluctuations and is considered to be riskier than DRCVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYCZX	DRCVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.27%	0.97%	+6.30%
Volatility (6M) Calculated over the trailing 6-month period	19.52%	1.96%	+17.56%
Volatility (1Y) Calculated over the trailing 1-year period	24.63%	2.85%	+21.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.63%	4.58%	+25.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.16%	9.45%	+25.71%

RYCZX vs. DRCVX - Expense Ratio Comparison

RYCZX has a 2.70% expense ratio, which is higher than DRCVX's 0.00% expense ratio.

Dividends

RYCZX vs. DRCVX - Dividend Comparison

RYCZX's dividend yield for the trailing twelve months is around 7.09%, more than DRCVX's 1.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DRCVX Comstock Capital Value Fund	1.89%	1.96%	0.00%	1.71%	0.00%	0.00%	0.00%	0.00%
RYCZX Rydex Inverse Dow 2x Strategy Fund	7.09%	5.88%	4.32%	1.00%	0.00%	0.00%	0.05%	0.24%

Frequently Asked Questions

Can I hold both RYCZX and DRCVX in my portfolio?

RYCZX and DRCVX have a correlation of -0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYCZX or DRCVX?

RYCZX has higher volatility (7.27%) compared to DRCVX (0.97%). In terms of maximum drawdown, RYCZX dropped -99.80% vs DRCVX's -97.47%.

Which has better risk-adjusted returns?

DRCVX currently has the higher Sharpe Ratio (2.60 vs -1.10), 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.