RYCZX vs. RYDAX
Compare and contrast key facts about Rydex Inverse Dow 2x Strategy Fund (RYCZX) and Rydex Dow Jones Industrial Average Fund (RYDAX).
RYCZX is managed by Rydex Funds. It was launched on Feb 19, 2004. RYDAX is managed by Rydex Funds. It was launched on Dec 1, 2015.
Performance
RYCZX vs. RYDAX - Performance Comparison
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RYCZX vs. RYDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYCZX Rydex Inverse Dow 2x Strategy Fund | 12.18% | -22.14% | -16.97% | -19.05% | 5.48% | -36.32% | -45.37% | -36.65% | 0.75% | -39.59% |
RYDAX Rydex Dow Jones Industrial Average Fund | -5.94% | 12.98% | 13.10% | 14.36% | -8.88% | 19.11% | 7.47% | 23.13% | -5.14% | 26.19% |
Returns By Period
In the year-to-date period, RYCZX achieves a 12.18% return, which is significantly higher than RYDAX's -5.94% return. Over the past 10 years, RYCZX has underperformed RYDAX with an annualized return of -24.23%, while RYDAX has yielded a comparatively higher 10.22% annualized return.
RYCZX
- 1D
- -0.21%
- 1M
- 16.10%
- YTD
- 12.18%
- 6M
- 5.28%
- 1Y
- -15.25%
- 3Y*
- -16.11%
- 5Y*
- -13.94%
- 10Y*
- -24.23%
RYDAX
- 1D
- -0.06%
- 1M
- -7.64%
- YTD
- -5.94%
- 6M
- -2.59%
- 1Y
- 7.67%
- 3Y*
- 10.99%
- 5Y*
- 6.69%
- 10Y*
- 10.22%
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RYCZX vs. RYDAX - Expense Ratio Comparison
RYCZX has a 2.70% expense ratio, which is higher than RYDAX's 1.58% expense ratio.
Return for Risk
RYCZX vs. RYDAX — Risk / Return Rank
RYCZX
RYDAX
RYCZX vs. RYDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse Dow 2x Strategy Fund (RYCZX) and Rydex Dow Jones Industrial Average Fund (RYDAX). 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.
| RYCZX | RYDAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.51 | 0.53 | -1.04 |
Sortino ratioReturn per unit of downside risk | -0.53 | 0.87 | -1.41 |
Omega ratioGain probability vs. loss probability | 0.93 | 1.12 | -0.19 |
Calmar ratioReturn relative to maximum drawdown | -0.32 | 0.63 | -0.95 |
Martin ratioReturn relative to average drawdown | -0.43 | 2.34 | -2.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RYCZX | RYDAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.51 | 0.53 | -1.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.48 | 0.46 | -0.93 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.69 | 0.58 | -1.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.62 | 0.59 | -1.22 |
Correlation
The correlation between RYCZX and RYDAX is -1.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
RYCZX vs. RYDAX - Dividend Comparison
RYCZX's dividend yield for the trailing twelve months is around 5.24%, more than RYDAX's 0.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
RYCZX Rydex Inverse Dow 2x Strategy Fund | 5.24% | 5.88% | 4.32% | 1.00% | 0.00% | 0.00% | 0.05% | 0.24% | 0.00% | 0.00% | 0.00% |
RYDAX Rydex Dow Jones Industrial Average Fund | 0.40% | 0.38% | 1.73% | 0.75% | 3.17% | 1.22% | 4.87% | 4.02% | 1.25% | 3.70% | 0.56% |
Drawdowns
RYCZX vs. RYDAX - Drawdown Comparison
The maximum RYCZX drawdown since its inception was -99.77%, which is greater than RYDAX's maximum drawdown of -37.34%. Use the drawdown chart below to compare losses from any high point for RYCZX and RYDAX.
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Drawdown Indicators
| RYCZX | RYDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.77% | -37.34% | -62.43% |
Max Drawdown (1Y)Largest decline over 1 year | -43.65% | -10.87% | -32.78% |
Max Drawdown (5Y)Largest decline over 5 years | -64.67% | -22.12% | -42.55% |
Max Drawdown (10Y)Largest decline over 10 years | -95.13% | -37.34% | -57.79% |
Current DrawdownCurrent decline from peak | -99.72% | -9.86% | -89.86% |
Average DrawdownAverage peak-to-trough decline | -78.68% | -4.38% | -74.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.54% | 2.95% | +29.59% |
Volatility
RYCZX vs. RYDAX - Volatility Comparison
Rydex Inverse Dow 2x Strategy Fund (RYCZX) has a higher volatility of 7.96% compared to Rydex Dow Jones Industrial Average Fund (RYDAX) at 3.99%. This indicates that RYCZX's price experiences larger fluctuations and is considered to be riskier than RYDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYCZX | RYDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.96% | 3.99% | +3.97% |
Volatility (6M)Calculated over the trailing 6-month period | 17.76% | 8.92% | +8.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.31% | 16.68% | +16.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.38% | 14.73% | +14.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.13% | 17.56% | +17.57% |