RYHIX vs. LYFIX

Last updated Apr 1, 2026

Compare and contrast key facts about Rydex Health Care Fund (RYHIX) and AlphaCentric LifeSci Healthcare Fund (LYFIX).

RYHIX is managed by Rydex Funds. It was launched on Apr 16, 1998. LYFIX is managed by AlphaCentric Funds. It was launched on Nov 28, 2019.

Performance

RYHIX vs. LYFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Health Care Fund (RYHIX) and AlphaCentric LifeSci Healthcare Fund (LYFIX). The values are adjusted to include any dividend payments, if applicable.

RYHIX vs. LYFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
RYHIX Rydex Health Care Fund	-7.45%	14.42%	0.61%	5.84%	-11.59%	19.27%	18.84%	2.09%
LYFIX AlphaCentric LifeSci Healthcare Fund	-4.21%	28.22%	-0.27%	7.19%	-0.92%	-3.42%	54.83%	1.20%

Returns By Period

In the year-to-date period, RYHIX achieves a -7.45% return, which is significantly lower than LYFIX's -4.21% return.

RYHIX

• 1D: 0.41%
• 1M: -9.41%
• YTD: -7.45%
• 6M: 1.01%
• 1Y: 3.49%
• 3Y*: 4.22%
• 5Y*: 3.06%
• 10Y*: 7.98%

LYFIX

• 1D: 0.93%
• 1M: -7.36%
• YTD: -4.21%
• 6M: 13.80%
• 1Y: 19.23%
• 3Y*: 7.08%
• 5Y*: 4.29%
• 10Y*: —

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

RYHIX vs. LYFIX - Expense Ratio Comparison

RYHIX has a 1.35% expense ratio, which is lower than LYFIX's 1.40% expense ratio.

LYFIX

AlphaCentric LifeSci Healthcare Fund

RYHIX

Rydex Health Care Fund

Return for Risk

RYHIX vs. LYFIX — Risk / Return Rank

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

RYHIX

RYHIX Risk / Return Rank: 10
RYHIX Sharpe Ratio Rank: 9
RYHIX Sortino Ratio Rank: 9
RYHIX Omega Ratio Rank: 8
RYHIX Calmar Ratio Rank: 11
RYHIX Martin Ratio Rank: 11

LYFIX

LYFIX Risk / Return Rank: 54
LYFIX Sharpe Ratio Rank: 54
LYFIX Sortino Ratio Rank: 54
LYFIX Omega Ratio Rank: 40
LYFIX Calmar Ratio Rank: 77
LYFIX Martin Ratio Rank: 43

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.

RYHIX vs. LYFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Health Care Fund (RYHIX) and AlphaCentric LifeSci Healthcare Fund (LYFIX). 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.

	RYHIX	LYFIX	Difference
Sharpe ratio Return per unit of total volatility	0.22	1.03	-0.82
Sortino ratio Return per unit of downside risk	0.43	1.50	-1.07
Omega ratio Gain probability vs. loss probability	1.05	1.18	-0.13
Calmar ratio Return relative to maximum drawdown	0.27	1.85	-1.58
Martin ratio Return relative to average drawdown	0.81	4.50	-3.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYHIX vs. LYFIX - Sharpe Ratio Comparison

The current RYHIX Sharpe Ratio is 0.22, which is lower than the LYFIX Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of RYHIX and LYFIX, 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

	RYHIX	LYFIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.22	1.03	-0.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.19	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.48	-0.10

Correlation

The correlation between RYHIX and LYFIX is 0.74, 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

RYHIX vs. LYFIX - Dividend Comparison

RYHIX's dividend yield for the trailing twelve months is around 2.35%, more than LYFIX's 1.86% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RYHIX Rydex Health Care Fund	2.35%	2.18%	0.00%	0.00%	1.64%	3.19%	8.81%	0.00%	1.76%	9.17%	13.88%	6.39%
LYFIX AlphaCentric LifeSci Healthcare Fund	1.86%	1.78%	2.24%	2.63%	4.43%	12.88%	2.30%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

RYHIX vs. LYFIX - Drawdown Comparison

The maximum RYHIX drawdown since its inception was -41.27%, which is greater than LYFIX's maximum drawdown of -35.33%. Use the drawdown chart below to compare losses from any high point for RYHIX and LYFIX.

Drawdown Indicators

	RYHIX	LYFIX	Difference
Max Drawdown Largest peak-to-trough decline	-41.27%	-35.33%	-5.94%
Max Drawdown (1Y) Largest decline over 1 year	-11.31%	-9.47%	-1.84%
Max Drawdown (5Y) Largest decline over 5 years	-22.83%	-32.45%	+9.62%
Max Drawdown (10Y) Largest decline over 10 years	-29.03%	—	—
Current Drawdown Current decline from peak	-10.94%	-7.64%	-3.30%
Average Drawdown Average peak-to-trough decline	-8.67%	-10.07%	+1.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.78%	4.23%	-0.45%

Volatility

RYHIX vs. LYFIX - Volatility Comparison

The current volatility for Rydex Health Care Fund (RYHIX) is 4.92%, while AlphaCentric LifeSci Healthcare Fund (LYFIX) has a volatility of 6.67%. This indicates that RYHIX experiences smaller price fluctuations and is considered to be less risky than LYFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYHIX	LYFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.92%	6.67%	-1.75%
Volatility (6M) Calculated over the trailing 6-month period	10.10%	13.17%	-3.07%
Volatility (1Y) Calculated over the trailing 1-year period	17.87%	19.01%	-1.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.67%	22.89%	-7.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.64%	23.45%	-5.81%