RYDAX vs. DAX
Compare and contrast key facts about Rydex Dow Jones Industrial Average Fund (RYDAX) and Global X DAX Germany ETF (DAX).
RYDAX is managed by Rydex Funds. It was launched on Dec 1, 2015. DAX is a passively managed fund by Global X that tracks the performance of the DAX Index. It was launched on Oct 22, 2014.
Performance
RYDAX vs. DAX - Performance Comparison
Loading graphics...
RYDAX vs. DAX - 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% |
DAX Global X DAX Germany ETF | -7.59% | 39.00% | 10.55% | 23.62% | -18.47% | 7.73% | 12.27% | 22.11% | -22.92% | 28.23% |
Returns By Period
In the year-to-date period, RYDAX achieves a -5.94% return, which is significantly higher than DAX's -7.59% return. Over the past 10 years, RYDAX has outperformed DAX with an annualized return of 10.22%, while DAX has yielded a comparatively lower 8.33% 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%
DAX
- 1D
- 3.56%
- 1M
- -10.85%
- YTD
- -7.59%
- 6M
- -5.61%
- 1Y
- 9.46%
- 3Y*
- 15.26%
- 5Y*
- 7.59%
- 10Y*
- 8.33%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RYDAX vs. DAX - Expense Ratio Comparison
RYDAX has a 1.58% expense ratio, which is higher than DAX's 0.20% expense ratio.
Return for Risk
RYDAX vs. DAX — Risk / Return Rank
RYDAX
DAX
RYDAX vs. DAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Dow Jones Industrial Average Fund (RYDAX) and Global X DAX Germany ETF (DAX). 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 | DAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.53 | 0.47 | +0.06 |
Sortino ratioReturn per unit of downside risk | 0.87 | 0.81 | +0.06 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.10 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.63 | 0.58 | +0.05 |
Martin ratioReturn relative to average drawdown | 2.34 | 2.05 | +0.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RYDAX | DAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 0.47 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.38 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.39 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.32 | +0.27 |
Correlation
The correlation between RYDAX and DAX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
RYDAX vs. DAX - Dividend Comparison
RYDAX's dividend yield for the trailing twelve months is around 0.40%, less than DAX's 1.59% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
DAX Global X DAX Germany ETF | 1.59% | 1.47% | 2.24% | 2.48% | 2.80% | 2.65% | 2.25% | 2.47% | 3.33% | 1.73% | 1.78% | 1.41% |
Drawdowns
RYDAX vs. DAX - Drawdown Comparison
The maximum RYDAX drawdown since its inception was -37.34%, smaller than the maximum DAX drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for RYDAX and DAX.
Loading graphics...
Drawdown Indicators
| RYDAX | DAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.34% | -45.58% | +8.24% |
Max Drawdown (1Y)Largest decline over 1 year | -10.87% | -14.82% | +3.95% |
Max Drawdown (5Y)Largest decline over 5 years | -22.12% | -39.96% | +17.84% |
Max Drawdown (10Y)Largest decline over 10 years | -37.34% | -45.58% | +8.24% |
Current DrawdownCurrent decline from peak | -9.86% | -11.28% | +1.42% |
Average DrawdownAverage peak-to-trough decline | -4.38% | -10.58% | +6.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 4.18% | -1.23% |
Volatility
RYDAX vs. DAX - Volatility Comparison
The current volatility for Rydex Dow Jones Industrial Average Fund (RYDAX) is 3.99%, while Global X DAX Germany ETF (DAX) has a volatility of 8.79%. This indicates that RYDAX experiences smaller price fluctuations and is considered to be less risky than DAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RYDAX | DAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.99% | 8.79% | -4.80% |
Volatility (6M)Calculated over the trailing 6-month period | 8.92% | 12.71% | -3.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.68% | 20.17% | -3.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.73% | 20.20% | -5.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.56% | 21.21% | -3.65% |