RYEIX vs. RMQAX
RYEIX (Rydex Energy Fund) and RMQAX (Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund) are both mutual funds - RYEIX is a Energy Equities fund managed by Rydex Funds, while RMQAX is a Leveraged Equities fund managed by Rydex Funds. Over the past 10 years, RYEIX returned 6.75%/yr vs 33.71%/yr for RMQAX. Their 0.34 correlation means their historical movements had little consistent relationship. RYEIX charges 1.36%/yr vs 1.32%/yr for RMQAX.
Performance
RYEIX vs. RMQAX - Performance Comparison
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Returns By Period
In the year-to-date period, RYEIX achieves a 31.71% return, which is significantly higher than RMQAX's 16.20% return. Over the past 10 years, RYEIX has underperformed RMQAX with an annualized return of 6.75%, while RMQAX has yielded a comparatively higher 33.71% annualized return.
RYEIX
- 1D
- 1.42%
- 1M
- 7.58%
- 6M
- 16.11%
- YTD
- 31.71%
- 1Y
- 42.97%
- 3Y*
- 11.28%
- 5Y*
- 19.43%
- 10Y*
- 6.75%
- ALL TIME*
- 5.35%
RMQAX
- 1D
- 7.48%
- 1M
- -8.91%
- 6M
- 13.97%
- YTD
- 16.20%
- 1Y
- 39.46%
- 3Y*
- 35.28%
- 5Y*
- 17.97%
- 10Y*
- 33.71%
- ALL TIME*
- 31.32%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
RYEIX Rydex Energy Fund | $0.00 | $0.00 | $0.00 |
RYEIX vs. RMQAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYEIX Rydex Energy Fund | 31.71% | 6.96% | 0.49% | 1.87% | 49.54% | 50.70% | -34.24% | 6.50% | -25.31% | -6.17% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 16.20% | 33.92% | 44.76% | 115.91% | -59.93% | 56.36% | 101.06% | 80.80% | -7.28% | 69.80% |
Correlation
The correlation between RYEIX and RMQAX is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.18 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015 | 0.34 |
Over the past year, the correlation between RYEIX and RMQAX has dropped to 0.02 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
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Return for Risk
RYEIX vs. RMQAX — Risk / Return Rank
RYEIX
RMQAX
RYEIX vs. RMQAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Energy Fund (RYEIX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RYEIX | RMQAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.16 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 1.31 | +1.72 |
| Martin ratioReturn relative to average drawdown | 8.75 | 4.05 | +4.70 |
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Drawdowns
RYEIX vs. RMQAX - Drawdown Comparison
The maximum RYEIX drawdown since its inception was -83.50%, which is greater than RMQAX's maximum drawdown of -63.18%. Use the drawdown chart below to compare losses from any high point for RYEIX and RMQAX.
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Drawdown Indicators
| RYEIX | RMQAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.50% | -63.18% | -20.32% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -24.96% | +11.97% |
Max Drawdown (3Y)Largest decline over 3 years | -26.94% | -42.45% | +15.51% |
Max Drawdown (5Y)Largest decline over 5 years | -26.94% | -63.18% | +36.24% |
Max Drawdown (10Y)Largest decline over 10 years | -74.93% | -63.18% | -11.75% |
Current DrawdownCurrent decline from peak | -5.80% | -17.08% | +11.28% |
Average DrawdownAverage peak-to-trough decline | -28.50% | -12.85% | -15.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.50% | 8.04% | -3.54% |
Volatility
RYEIX vs. RMQAX - Volatility Comparison
The current volatility for Rydex Energy Fund (RYEIX) is 5.87%, while Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) has a volatility of 14.58%. This indicates that RYEIX 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
| RYEIX | RMQAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.87% | 14.58% | -8.71% |
Volatility (6M)Calculated over the trailing 6-month period | 15.55% | 32.55% | -17.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.09% | 39.23% | -19.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.13% | 47.24% | -21.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.70% | 46.82% | -15.12% |
RYEIX vs. RMQAX - Expense Ratio Comparison
RYEIX has a 1.36% expense ratio, which is higher than RMQAX's 1.32% expense ratio.
Dividends
RYEIX vs. RMQAX - Dividend Comparison
RYEIX's dividend yield for the trailing twelve months is around 1.90%, less than RMQAX's 31.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 31.21% | 36.27% | 26.02% | 3.76% | 0.00% | 2.18% | 5.30% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% |
RYEIX Rydex Energy Fund | 1.90% | 2.51% | 3.84% | 2.68% | 2.55% | 0.50% | 2.38% | 0.78% | 0.81% | 0.71% | 0.62% | 0.43% |
Frequently Asked Questions
RYEIX and RMQAX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RMQAX has higher volatility (14.58%) compared to RYEIX (5.87%). In terms of maximum drawdown, RYEIX dropped -83.50% vs RMQAX's -63.18%.
RYEIX currently has the higher Sharpe Ratio (1.96 vs 0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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