RYDAX vs. RMQAX
Compare and contrast key facts about Rydex Dow Jones Industrial Average Fund (RYDAX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX).
RYDAX is managed by Rydex Funds. It was launched on Dec 1, 2015. RMQAX is managed by Rydex Funds. It was launched on Nov 27, 2014.
Performance
RYDAX vs. RMQAX - Performance Comparison
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RYDAX vs. RMQAX - 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% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | -19.02% | 33.92% | 44.76% | 115.91% | -59.93% | 56.36% | 101.06% | 80.80% | -7.28% | 69.80% |
Returns By Period
In the year-to-date period, RYDAX achieves a -5.94% return, which is significantly higher than RMQAX's -19.02% return. Over the past 10 years, RYDAX has underperformed RMQAX with an annualized return of 10.22%, while RMQAX has yielded a comparatively higher 30.14% 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%
RMQAX
- 1D
- -1.68%
- 1M
- -16.37%
- YTD
- -19.02%
- 6M
- -16.53%
- 1Y
- 31.63%
- 3Y*
- 33.85%
- 5Y*
- 15.55%
- 10Y*
- 30.14%
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RYDAX vs. RMQAX - Expense Ratio Comparison
RYDAX has a 1.58% expense ratio, which is higher than RMQAX's 1.32% expense ratio.
Return for Risk
RYDAX vs. RMQAX — Risk / Return Rank
RYDAX
RMQAX
RYDAX vs. RMQAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Dow Jones Industrial Average Fund (RYDAX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX). 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 | RMQAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.53 | 0.67 | -0.14 |
Sortino ratioReturn per unit of downside risk | 0.87 | 1.28 | -0.41 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.18 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.63 | 0.96 | -0.33 |
Martin ratioReturn relative to average drawdown | 2.34 | 3.36 | -1.02 |
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
| RYDAX | RMQAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 0.67 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.34 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.65 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.62 | -0.03 |
Correlation
The correlation between RYDAX and RMQAX is 0.72, 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.
Dividends
RYDAX vs. RMQAX - Dividend Comparison
RYDAX's dividend yield for the trailing twelve months is around 0.40%, less than RMQAX's 44.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 44.79% | 36.27% | 26.02% | 3.76% | 0.00% | 2.18% | 5.30% | 0.10% | 0.00% | 0.00% | 0.00% |
Drawdowns
RYDAX vs. RMQAX - Drawdown Comparison
The maximum RYDAX drawdown since its inception was -37.34%, smaller than the maximum RMQAX drawdown of -63.18%. Use the drawdown chart below to compare losses from any high point for RYDAX and RMQAX.
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Drawdown Indicators
| RYDAX | RMQAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.34% | -63.18% | +25.84% |
Max Drawdown (1Y)Largest decline over 1 year | -10.87% | -25.11% | +14.24% |
Max Drawdown (5Y)Largest decline over 5 years | -22.12% | -63.18% | +41.06% |
Max Drawdown (10Y)Largest decline over 10 years | -37.34% | -63.18% | +25.84% |
Current DrawdownCurrent decline from peak | -9.86% | -24.96% | +15.10% |
Average DrawdownAverage peak-to-trough decline | -4.38% | -13.05% | +8.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 7.20% | -4.25% |
Volatility
RYDAX vs. RMQAX - Volatility Comparison
The current volatility for Rydex Dow Jones Industrial Average Fund (RYDAX) is 3.99%, while Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) has a volatility of 11.12%. This indicates that RYDAX experiences smaller price fluctuations and is considered to be less risky than RMQAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYDAX | RMQAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.99% | 11.12% | -7.13% |
Volatility (6M)Calculated over the trailing 6-month period | 8.92% | 25.22% | -16.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.68% | 47.33% | -30.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.73% | 46.16% | -31.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.56% | 46.29% | -28.73% |