RYDAX vs. ^IXIC

Last updated Apr 1, 2026

Compare and contrast key facts about Rydex Dow Jones Industrial Average Fund (RYDAX) and NASDAQ Composite (^IXIC).

RYDAX is managed by Rydex Funds. It was launched on Dec 1, 2015.

Performance

RYDAX vs. ^IXIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Dow Jones Industrial Average Fund (RYDAX) and NASDAQ Composite (^IXIC). The values are adjusted to include any dividend payments, if applicable.

RYDAX vs. ^IXIC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
^IXIC NASDAQ Composite	-7.11%	20.36%	28.64%	43.42%	-33.10%	21.39%	43.64%	35.23%	-3.88%	28.24%

Returns By Period

In the year-to-date period, RYDAX achieves a -5.94% return, which is significantly higher than ^IXIC's -7.11% return. Over the past 10 years, RYDAX has underperformed ^IXIC with an annualized return of 10.22%, while ^IXIC has yielded a comparatively higher 15.95% annualized return.

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%

^IXIC

• 1D: 3.83%
• 1M: -4.75%
• YTD: -7.11%
• 6M: -4.72%
• 1Y: 24.81%
• 3Y*: 20.89%
• 5Y*: 9.88%
• 10Y*: 15.95%

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

Return for Risk

RYDAX vs. ^IXIC — Risk / Return Rank

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

RYDAX

RYDAX Risk / Return Rank: 21
RYDAX Sharpe Ratio Rank: 21
RYDAX Sortino Ratio Rank: 21
RYDAX Omega Ratio Rank: 20
RYDAX Calmar Ratio Rank: 21
RYDAX Martin Ratio Rank: 22

^IXIC

^IXIC Risk / Return Rank: 81
^IXIC Sharpe Ratio Rank: 77
^IXIC Sortino Ratio Rank: 83
^IXIC Omega Ratio Rank: 81
^IXIC Calmar Ratio Rank: 81
^IXIC Martin Ratio Rank: 84

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.

RYDAX vs. ^IXIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Dow Jones Industrial Average Fund (RYDAX) and NASDAQ Composite (^IXIC). 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.

	RYDAX	^IXIC	Difference
Sharpe ratio Return per unit of total volatility	0.53	1.07	-0.54
Sortino ratio Return per unit of downside risk	0.87	1.66	-0.79
Omega ratio Gain probability vs. loss probability	1.12	1.24	-0.12
Calmar ratio Return relative to maximum drawdown	0.63	1.86	-1.23
Martin ratio Return relative to average drawdown	2.34	6.71	-4.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYDAX vs. ^IXIC - Sharpe Ratio Comparison

The current RYDAX Sharpe Ratio is 0.53, which is lower than the ^IXIC Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of RYDAX and ^IXIC, 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

	RYDAX	^IXIC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.53	1.07	-0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	0.44	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.73	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.51	+0.09

Correlation

The correlation between RYDAX and ^IXIC is 0.75, 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.

Drawdowns

RYDAX vs. ^IXIC - Drawdown Comparison

The maximum RYDAX drawdown since its inception was -37.34%, smaller than the maximum ^IXIC drawdown of -77.93%. Use the drawdown chart below to compare losses from any high point for RYDAX and ^IXIC.

Drawdown Indicators

	RYDAX	^IXIC	Difference
Max Drawdown Largest peak-to-trough decline	-37.34%	-77.93%	+40.59%
Max Drawdown (1Y) Largest decline over 1 year	-10.87%	-13.26%	+2.39%
Max Drawdown (5Y) Largest decline over 5 years	-22.12%	-36.40%	+14.28%
Max Drawdown (10Y) Largest decline over 10 years	-37.34%	-36.40%	-0.94%
Current Drawdown Current decline from peak	-9.86%	-9.88%	+0.02%
Average Drawdown Average peak-to-trough decline	-4.38%	-21.46%	+17.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	3.67%	-0.72%

Volatility

RYDAX vs. ^IXIC - Volatility Comparison

The current volatility for Rydex Dow Jones Industrial Average Fund (RYDAX) is 3.99%, while NASDAQ Composite (^IXIC) has a volatility of 6.98%. This indicates that RYDAX experiences smaller price fluctuations and is considered to be less risky than ^IXIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYDAX	^IXIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.99%	6.98%	-2.99%
Volatility (6M) Calculated over the trailing 6-month period	8.92%	13.04%	-4.12%
Volatility (1Y) Calculated over the trailing 1-year period	16.68%	23.31%	-6.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.73%	22.45%	-7.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.56%	21.97%	-4.41%