RYILX vs. RTPIX

Last updated Jun 24, 2026

RYILX (Rydex Inverse High Yield Strategy Fund) and RTPIX (ProFunds Rising Rates Opportunity 10 Fund) are both Inverse Bonds funds. Over the past 10 years, RYILX returned -2.97%/yr vs 1.12%/yr for RTPIX. At a 0.13 correlation, their price movements are largely independent. RYILX charges 1.55%/yr vs 1.78%/yr for RTPIX.

Performance

RYILX vs. RTPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Inverse High Yield Strategy Fund (RYILX) and ProFunds Rising Rates Opportunity 10 Fund (RTPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RYILX achieves a 2.00% return, which is significantly lower than RTPIX's 2.97% return. Over the past 10 years, RYILX has underperformed RTPIX with an annualized return of -2.97%, while RTPIX has yielded a comparatively higher 1.12% annualized return.

RYILX

• 1D: 0.32%
• 1M: -0.08%
• YTD: 2.00%
• 6M: 1.91%
• 1Y: -0.61%
• 3Y*: -2.14%
• 5Y*: -0.06%
• 10Y*: -2.97%

RTPIX

• 1D: 0.48%
• 1M: -0.41%
• YTD: 2.97%
• 6M: 2.81%
• 1Y: 2.04%
• 3Y*: 2.51%
• 5Y*: 4.89%
• 10Y*: 1.12%

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

RYILX vs. RTPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYILX Rydex Inverse High Yield Strategy Fund	2.00%	-4.36%	0.83%	-5.00%	8.71%	-3.58%	-5.89%	-11.11%	1.00%	-5.87%
RTPIX ProFunds Rising Rates Opportunity 10 Fund	2.97%	-2.23%	3.81%	3.77%	19.50%	1.22%	-11.86%	-7.09%	1.07%	-3.06%

Correlation

The correlation between RYILX and RTPIX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (10Y) Calculated over the trailing 10-year period	0.38
Correlation (All Time) Calculated using the full available price history since Apr 16, 2007	0.13

Over the past year, RYILX and RTPIX have become more correlated (0.72) than their long-term average of 0.13, meaning their price movements have been converging.

Return for Risk

RYILX vs. RTPIX — Risk / Return Rank

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

RYILX

RYILX Risk / Return Rank: 2
RYILX Sharpe Ratio Rank: 2
RYILX Sortino Ratio Rank: 2
RYILX Omega Ratio Rank: 2
RYILX Calmar Ratio Rank: 2
RYILX Martin Ratio Rank: 2

RTPIX

RTPIX Risk / Return Rank: 5
RTPIX Sharpe Ratio Rank: 5
RTPIX Sortino Ratio Rank: 5
RTPIX Omega Ratio Rank: 5
RTPIX Calmar Ratio Rank: 6
RTPIX Martin Ratio Rank: 5

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.

RYILX vs. RTPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse High Yield Strategy Fund (RYILX) and ProFunds Rising Rates Opportunity 10 Fund (RTPIX). 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.

	RYILX	RTPIX	Difference
Sharpe ratio: Return per unit of total volatility	-0.21	0.33	-0.54
Sortino ratio: Return per unit of downside risk	-0.26	0.50	-0.76
Omega ratio: Gain probability vs. loss probability	0.97	1.06	-0.09
Calmar ratio: Return relative to maximum drawdown	-0.27	0.46	-0.72
Martin ratio: Return relative to average drawdown	-0.49	0.86	-1.35

RYILX vs. RTPIX - Sharpe Ratio Comparison

The current RYILX Sharpe Ratio is -0.21, which is lower than the RTPIX Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of RYILX and RTPIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RYILX vs. RTPIX - Drawdown Comparison

The maximum RYILX drawdown since its inception was -77.21%, which is greater than RTPIX's maximum drawdown of -69.27%. Use the drawdown chart below to compare losses from any high point for RYILX and RTPIX.

Drawdown Indicators

	RYILX	RTPIX	Difference
Max Drawdown Largest peak-to-trough decline	-77.21%	-69.27%	-7.94%
Max Drawdown (1Y) Largest decline over 1 year	-4.01%	-3.74%	-0.27%
Max Drawdown (3Y) Largest decline over 3 years	-12.72%	-9.51%	-3.21%
Max Drawdown (5Y) Largest decline over 5 years	-15.44%	-9.51%	-5.93%
Max Drawdown (10Y) Largest decline over 10 years	-27.90%	-23.73%	-4.17%
Current Drawdown Current decline from peak	-76.68%	-58.74%	-17.94%
Average Drawdown Average peak-to-trough decline	-58.14%	-51.19%	-6.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.45%	1.99%	+0.46%

Volatility

RYILX vs. RTPIX - Volatility Comparison

Rydex Inverse High Yield Strategy Fund (RYILX) has a higher volatility of 1.77% compared to ProFunds Rising Rates Opportunity 10 Fund (RTPIX) at 1.56%. This indicates that RYILX's price experiences larger fluctuations and is considered to be riskier than RTPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYILX	RTPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.77%	1.56%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	4.22%	3.82%	+0.40%
Volatility (1Y) Calculated over the trailing 1-year period	5.05%	5.18%	-0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.56%	8.60%	-1.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.16%	7.50%	+0.66%

RYILX vs. RTPIX - Expense Ratio Comparison

RYILX has a 1.55% expense ratio, which is lower than RTPIX's 1.78% expense ratio.

Dividends

RYILX vs. RTPIX - Dividend Comparison

RYILX has not paid dividends to shareholders, while RTPIX's dividend yield for the trailing twelve months is around 3.40%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
RTPIX ProFunds Rising Rates Opportunity 10 Fund	3.40%	3.50%	0.00%	6.68%	0.00%	0.00%	0.00%	0.58%
RYILX Rydex Inverse High Yield Strategy Fund	0.00%	0.00%	0.00%	0.00%	0.00%	2.45%	7.79%	0.00%

Frequently Asked Questions

Can I hold both RYILX and RTPIX in my portfolio?

RYILX and RTPIX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYILX or RTPIX?

RYILX has higher volatility (1.77%) compared to RTPIX (1.56%). In terms of maximum drawdown, RYILX dropped -77.21% vs RTPIX's -69.27%.

Which has better risk-adjusted returns?

RTPIX currently has the higher Sharpe Ratio (0.33 vs -0.21), 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.