RYGBX vs. RYMIX
RYGBX (Rydex Government Long Bond 1.2x Strategy Fund) and RYMIX (Rydex Telecommunications Fund) are both mutual funds - RYGBX is a Leveraged Bonds fund managed by Rydex Funds, while RYMIX is a Communications Equities fund managed by Rydex Funds. Over the past 10 years, RYGBX returned -5.69%/yr vs 7.53%/yr for RYMIX. Their -0.20 correlation means they have often moved in opposite directions in the past. RYGBX charges 0.99%/yr vs 1.36%/yr for RYMIX.
Performance
RYGBX vs. RYMIX - Performance Comparison
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Returns By Period
In the year-to-date period, RYGBX achieves a -5.29% return, which is significantly lower than RYMIX's 19.61% return. Over the past 10 years, RYGBX has underperformed RYMIX with an annualized return of -5.69%, while RYMIX has yielded a comparatively higher 7.53% annualized return.
RYGBX
- 1D
- -0.13%
- 1M
- -4.11%
- 6M
- -4.50%
- YTD
- -5.29%
- 1Y
- -4.35%
- 3Y*
- -5.78%
- 5Y*
- -13.13%
- 10Y*
- -5.69%
- ALL TIME*
- 1.19%
RYMIX
- 1D
- 2.05%
- 1M
- -2.08%
- 6M
- 12.54%
- YTD
- 19.61%
- 1Y
- 45.78%
- 3Y*
- 24.22%
- 5Y*
- 7.19%
- 10Y*
- 7.53%
- ALL TIME*
- -0.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
RYGBX vs. RYMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYGBX Rydex Government Long Bond 1.2x Strategy Fund | -5.29% | 2.19% | -12.81% | -1.05% | -40.90% | -7.28% | 21.93% | 17.50% | -5.20% | 9.93% |
RYMIX Rydex Telecommunications Fund | 19.61% | 32.40% | 15.98% | 6.45% | -25.64% | 9.42% | 10.04% | 13.43% | -5.25% | 5.79% |
Correlation
The correlation between RYGBX and RYMIX is 0.11, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.11 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.08 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | -0.20 |
The correlation between RYGBX and RYMIX shifts across timeframes, from -0.20 (all time) to 0.13 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
RYGBX vs. RYMIX — Risk / Return Rank
RYGBX
RYMIX
RYGBX vs. RYMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Government Long Bond 1.2x Strategy Fund (RYGBX) and Rydex Telecommunications Fund (RYMIX). 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.
| RYGBX | RYMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.24 | ||
| Sortino ratioReturn per unit of downside risk | -2.88 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.34 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 2.52 | -2.77 |
| Martin ratioReturn relative to average drawdown | -0.52 | 8.24 | -8.76 |
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Drawdowns
RYGBX vs. RYMIX - Drawdown Comparison
The maximum RYGBX drawdown since its inception was -62.42%, smaller than the maximum RYMIX drawdown of -87.85%. Use the drawdown chart below to compare losses from any high point for RYGBX and RYMIX.
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Drawdown Indicators
| RYGBX | RYMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.42% | -87.85% | +25.43% |
Max Drawdown (1Y)Largest decline over 1 year | -9.88% | -16.86% | +6.98% |
Max Drawdown (3Y)Largest decline over 3 years | -19.21% | -16.86% | -2.35% |
Max Drawdown (5Y)Largest decline over 5 years | -55.36% | -35.32% | -20.04% |
Max Drawdown (10Y)Largest decline over 10 years | -62.42% | -35.32% | -27.10% |
Current DrawdownCurrent decline from peak | -60.60% | -44.48% | -16.12% |
Average DrawdownAverage peak-to-trough decline | -19.71% | -67.79% | +48.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.75% | 5.15% | -0.40% |
Volatility
RYGBX vs. RYMIX - Volatility Comparison
The current volatility for Rydex Government Long Bond 1.2x Strategy Fund (RYGBX) is 2.93%, while Rydex Telecommunications Fund (RYMIX) has a volatility of 6.55%. This indicates that RYGBX experiences smaller price fluctuations and is considered to be less risky than RYMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYGBX | RYMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.93% | 6.55% | -3.62% |
Volatility (6M)Calculated over the trailing 6-month period | 7.92% | 17.73% | -9.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.87% | 21.10% | -10.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.54% | 18.76% | +0.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.19% | 18.57% | +0.62% |
RYGBX vs. RYMIX - Expense Ratio Comparison
RYGBX has a 0.99% expense ratio, which is lower than RYMIX's 1.36% expense ratio.
Dividends
RYGBX vs. RYMIX - Dividend Comparison
RYGBX's dividend yield for the trailing twelve months is around 3.71%, more than RYMIX's 0.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYGBX Rydex Government Long Bond 1.2x Strategy Fund | 3.71% | 3.59% | 2.89% | 2.70% | 1.69% | 0.71% | 46.47% | 5.00% | 1.51% | 1.45% | 5.62% | 2.07% |
RYMIX Rydex Telecommunications Fund | 0.71% | 0.85% | 0.17% | 1.55% | 1.42% | 0.42% | 2.16% | 3.56% | 0.26% | 3.95% | 2.13% | 3.57% |
Frequently Asked Questions
RYGBX and RYMIX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYMIX has higher volatility (6.55%) compared to RYGBX (2.93%). In terms of maximum drawdown, RYGBX dropped -62.42% vs RYMIX's -87.85%.
RYMIX currently has the higher Sharpe Ratio (2.02 vs -0.23), 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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