Correlation
The correlation between RYDAX and VOO is 0.91, 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.
RYDAX vs. VOO
Compare and contrast key facts about Rydex Dow Jones Industrial Average Fund (RYDAX) and Vanguard S&P 500 ETF (VOO).
RYDAX is managed by Rydex Funds. It was launched on Dec 1, 2015. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYDAX or VOO.
Performance
RYDAX vs. VOO - Performance Comparison
Loading data...
Key characteristics
RYDAX:
0.62
VOO:
0.74
RYDAX:
0.85
VOO:
1.04
RYDAX:
1.12
VOO:
1.15
RYDAX:
0.53
VOO:
0.68
RYDAX:
1.78
VOO:
2.58
RYDAX:
4.91%
VOO:
4.93%
RYDAX:
17.34%
VOO:
19.54%
RYDAX:
-37.34%
VOO:
-33.99%
RYDAX:
-6.35%
VOO:
-3.55%
Returns By Period
In the year-to-date period, RYDAX achieves a -0.82% return, which is significantly lower than VOO's 0.90% return.
RYDAX
-0.82%
3.65%
-6.08%
9.11%
8.85%
10.99%
N/A
VOO
0.90%
5.53%
-1.46%
13.29%
14.31%
15.89%
12.81%
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. VOO - Expense Ratio Comparison
RYDAX has a 1.58% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
RYDAX vs. VOO — Risk-Adjusted Performance Rank
RYDAX
VOO
RYDAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Dow Jones Industrial Average Fund (RYDAX) and Vanguard S&P 500 ETF (VOO). 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.
Loading data...
Dividends
RYDAX vs. VOO - Dividend Comparison
RYDAX's dividend yield for the trailing twelve months is around 1.75%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYDAX Rydex Dow Jones Industrial Average Fund | 1.75% | 1.73% | 0.75% | 3.17% | 1.22% | 4.87% | 4.02% | 1.25% | 3.70% | 0.56% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
RYDAX vs. VOO - Drawdown Comparison
The maximum RYDAX drawdown since its inception was -37.34%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RYDAX and VOO.
Loading data...
Volatility
RYDAX vs. VOO - Volatility Comparison
Rydex Dow Jones Industrial Average Fund (RYDAX) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.61% and 4.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...