RYHIX vs. MDT
RYHIX (Rydex Health Care Fund) is Health & Biotech Equities fund managed by Rydex Funds, while MDT (Medtronic plc) is a stock. Over the past 10 years, RYHIX returned 8.74%/yr vs 2.43%/yr for MDT. Their 0.60 correlation means they have sometimes moved together and sometimes differently.
Performance
RYHIX vs. MDT - Performance Comparison
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Returns By Period
In the year-to-date period, RYHIX achieves a 8.50% return, which is significantly higher than MDT's -9.57% return. Over the past 10 years, RYHIX has outperformed MDT with an annualized return of 8.74%, while MDT has yielded a comparatively lower 2.43% annualized return.
RYHIX
- 1D
- -0.65%
- 1M
- -0.83%
- 6M
- 7.83%
- YTD
- 8.50%
- 1Y
- 27.33%
- 3Y*
- 8.73%
- 5Y*
- 3.65%
- 10Y*
- 8.74%
- ALL TIME*
- 7.51%
MDT
- 1D
- -0.37%
- 1M
- 2.64%
- 6M
- -15.63%
- YTD
- -9.57%
- 1Y
- -1.31%
- 3Y*
- 2.43%
- 5Y*
- -5.33%
- 10Y*
- 2.43%
- ALL TIME*
- 13.29%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $617.64M | $644.39M | $789.93M | |
| $0.00 | $0.00 | $0.00 |
RYHIX vs. MDT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYHIX Rydex Health Care Fund | 8.50% | 14.42% | 0.61% | 5.84% | -11.59% | 19.27% | 18.84% | 22.77% | 1.56% | 23.48% |
MDT Medtronic plc | -9.57% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
Correlation
The correlation between RYHIX and MDT is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.54 |
Correlation (3Y) Balances recent behavior with more history. | 0.57 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.61 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.62 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | 0.60 |
The correlation between RYHIX and MDT has been stable across timeframes, ranging from 0.54 to 0.62 - a consistent structural relationship.
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Return for Risk
RYHIX vs. MDT — Risk / Return Rank
RYHIX
MDT
RYHIX vs. MDT - Risk-Adjusted Trends 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.
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.
| RYHIX | MDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.68 | ||
| Sortino ratioReturn per unit of downside risk | +2.36 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.00 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | -0.08 | +2.23 |
| Martin ratioReturn relative to average drawdown | 5.84 | -0.17 | +6.01 |
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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.
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Drawdown Indicators
| RYHIX | MDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.27% | -57.63% | +16.36% |
Max Drawdown (1Y)Largest decline over 1 year | -11.31% | -28.90% | +17.59% |
Max Drawdown (3Y)Largest decline over 3 years | -17.46% | -28.90% | +11.44% |
Max Drawdown (5Y)Largest decline over 5 years | -22.83% | -45.10% | +22.27% |
Max Drawdown (10Y)Largest decline over 10 years | -29.03% | -45.10% | +16.07% |
Current DrawdownCurrent decline from peak | -1.24% | -26.11% | +24.87% |
Average DrawdownAverage peak-to-trough decline | -8.62% | -16.58% | +7.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.17% | 13.67% | -9.50% |
Volatility
RYHIX vs. MDT - Volatility Comparison
The current volatility for Rydex Health Care Fund (RYHIX) is 5.12%, while Medtronic plc (MDT) has a volatility of 9.97%. 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.
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Volatility by Period
| RYHIX | MDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.12% | 9.97% | -4.85% |
Volatility (6M)Calculated over the trailing 6-month period | 11.66% | 19.10% | -7.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.39% | 23.57% | -8.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.02% | 22.40% | -6.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.65% | 23.47% | -5.82% |
Dividends
RYHIX vs. MDT - Dividend Comparison
RYHIX's dividend yield for the trailing twelve months is around 2.01%, less than MDT's 3.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | 3.34% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
RYHIX Rydex Health Care Fund | 2.01% | 2.18% | 0.00% | 0.00% | 1.64% | 3.19% | 8.81% | 0.00% | 1.76% | 9.17% | 13.88% | 6.39% |
Frequently Asked Questions
RYHIX and MDT have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDT has higher volatility (9.97%) compared to RYHIX (5.12%). In terms of maximum drawdown, RYHIX dropped -41.27% vs MDT's -57.63%.
RYHIX currently has the higher Sharpe Ratio (1.58 vs -0.10), 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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