RYHIX vs. MDT
Compare and contrast key facts about Rydex Health Care Fund (RYHIX) and Medtronic plc (MDT).
RYHIX is managed by Rydex Funds. It was launched on Apr 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYHIX or MDT.
Correlation
The correlation between RYHIX and MDT is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RYHIX vs. MDT - Performance Comparison
Key characteristics
RYHIX:
0.13
MDT:
0.31
RYHIX:
0.26
MDT:
0.55
RYHIX:
1.03
MDT:
1.07
RYHIX:
0.12
MDT:
0.16
RYHIX:
0.34
MDT:
1.02
RYHIX:
4.49%
MDT:
6.07%
RYHIX:
11.77%
MDT:
19.91%
RYHIX:
-41.27%
MDT:
-57.63%
RYHIX:
-6.55%
MDT:
-28.26%
Returns By Period
In the year-to-date period, RYHIX achieves a 5.68% return, which is significantly lower than MDT's 8.91% return. Over the past 10 years, RYHIX has underperformed MDT with an annualized return of 2.18%, while MDT has yielded a comparatively higher 3.53% annualized return.
RYHIX
5.68%
3.02%
-4.22%
1.76%
3.74%
2.18%
MDT
8.91%
-1.23%
1.03%
4.80%
-2.42%
3.53%
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Risk-Adjusted Performance
RYHIX vs. MDT — Risk-Adjusted Performance Rank
RYHIX
MDT
RYHIX vs. MDT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Health Care Fund (RYHIX) and Medtronic plc (MDT). 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.
Dividends
RYHIX vs. MDT - Dividend Comparison
RYHIX has not paid dividends to shareholders, while MDT's dividend yield for the trailing twelve months is around 3.21%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RYHIX Rydex Health Care Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MDT Medtronic plc | 3.21% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% | 1.66% |
Drawdowns
RYHIX vs. MDT - Drawdown Comparison
The maximum RYHIX drawdown since its inception was -41.27%, smaller than the maximum MDT drawdown of -57.63%. Use the drawdown chart below to compare losses from any high point for RYHIX and MDT. For additional features, visit the drawdowns tool.
Volatility
RYHIX vs. MDT - Volatility Comparison
The current volatility for Rydex Health Care Fund (RYHIX) is 4.11%, while Medtronic plc (MDT) has a volatility of 8.93%. This indicates that RYHIX experiences smaller price fluctuations and is considered to be less risky than MDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.