RYDAX vs. ETH-USD

Last updated Apr 2, 2026

Compare and contrast key facts about Rydex Dow Jones Industrial Average Fund (RYDAX) and Ethereum (ETH-USD).

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

Performance

RYDAX vs. ETH-USD - Performance Comparison

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

RYDAX vs. ETH-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYDAX Rydex Dow Jones Industrial Average Fund	-3.60%	12.98%	13.10%	14.36%	-8.88%	19.11%	7.47%	23.13%	-5.14%	26.19%
ETH-USD Ethereum	-27.34%	-10.91%	46.00%	90.84%	-67.48%	398.30%	473.88%	-1.52%	-82.39%	8,984.19%

Returns By Period

In the year-to-date period, RYDAX achieves a -3.60% return, which is significantly higher than ETH-USD's -27.34% return. Over the past 10 years, RYDAX has underperformed ETH-USD with an annualized return of 10.50%, while ETH-USD has yielded a comparatively higher 68.60% annualized return.

RYDAX

• 1D: 2.49%
• 1M: -5.26%
• YTD: -3.60%
• 6M: -0.25%
• 1Y: 10.38%
• 3Y*: 11.90%
• 5Y*: 7.11%
• 10Y*: 10.50%

ETH-USD

• 1D: 2.47%
• 1M: 6.32%
• YTD: -27.34%
• 6M: -50.45%
• 1Y: 13.15%
• 3Y*: 6.28%
• 5Y*: 0.20%
• 10Y*: 68.60%

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

Return for Risk

RYDAX vs. ETH-USD — Risk / Return Rank

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

RYDAX

RYDAX Risk / Return Rank: 27
RYDAX Sharpe Ratio Rank: 22
RYDAX Sortino Ratio Rank: 23
RYDAX Omega Ratio Rank: 21
RYDAX Calmar Ratio Rank: 36
RYDAX Martin Ratio Rank: 33

ETH-USD

ETH-USD Risk / Return Rank: 79
ETH-USD Sharpe Ratio Rank: 85
ETH-USD Sortino Ratio Rank: 84
ETH-USD Omega Ratio Rank: 83
ETH-USD Calmar Ratio Rank: 72
ETH-USD Martin Ratio Rank: 68

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. ETH-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Dow Jones Industrial Average Fund (RYDAX) and Ethereum (ETH-USD). 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	ETH-USD	Difference
Sharpe ratio Return per unit of total volatility	0.62	0.18	+0.44
Sortino ratio Return per unit of downside risk	1.00	0.83	+0.18
Omega ratio Gain probability vs. loss probability	1.14	1.09	+0.05
Calmar ratio Return relative to maximum drawdown	1.05	-0.85	+1.90
Martin ratio Return relative to average drawdown	3.84	-1.46	+5.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYDAX vs. ETH-USD - Sharpe Ratio Comparison

The current RYDAX Sharpe Ratio is 0.62, which is higher than the ETH-USD Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of RYDAX and ETH-USD, 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	ETH-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	0.18	+0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.00	+0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.72	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.80	-0.19

Correlation

The correlation between RYDAX and ETH-USD is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

RYDAX vs. ETH-USD - Drawdown Comparison

The maximum RYDAX drawdown since its inception was -37.34%, smaller than the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for RYDAX and ETH-USD.

Drawdown Indicators

	RYDAX	ETH-USD	Difference
Max Drawdown Largest peak-to-trough decline	-37.34%	-94.01%	+56.67%
Max Drawdown (1Y) Largest decline over 1 year	-10.87%	-62.26%	+51.39%
Max Drawdown (5Y) Largest decline over 5 years	-22.12%	-79.35%	+57.23%
Max Drawdown (10Y) Largest decline over 10 years	-37.34%	-94.01%	+56.67%
Current Drawdown Current decline from peak	-7.62%	-55.38%	+47.76%
Average Drawdown Average peak-to-trough decline	-4.38%	-50.81%	+46.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	36.32%	-33.34%

Volatility

RYDAX vs. ETH-USD - Volatility Comparison

The current volatility for Rydex Dow Jones Industrial Average Fund (RYDAX) is 4.90%, while Ethereum (ETH-USD) has a volatility of 17.83%. This indicates that RYDAX experiences smaller price fluctuations and is considered to be less risky than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYDAX	ETH-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.90%	17.83%	-12.93%
Volatility (6M) Calculated over the trailing 6-month period	9.25%	51.52%	-42.27%
Volatility (1Y) Calculated over the trailing 1-year period	16.83%	62.50%	-45.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.77%	63.60%	-48.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.58%	78.85%	-61.27%