RYILX vs. RYPMX
RYILX (Rydex Inverse High Yield Strategy Fund) and RYPMX (Rydex Precious Metals Fund) are both mutual funds - RYILX is a Inverse Bonds fund managed by Rydex Funds, while RYPMX is a Precious Metals fund managed by Rydex Funds. Over the past 10 years, RYILX returned -2.97%/yr vs 13.12%/yr for RYPMX. At a correlation of -0.31, they often move in opposite directions. RYILX charges 1.55%/yr vs 1.26%/yr for RYPMX.
Performance
RYILX vs. RYPMX - Performance Comparison
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Returns By Period
In the year-to-date period, RYILX achieves a 2.00% return, which is significantly higher than RYPMX's -1.56% return. Over the past 10 years, RYILX has underperformed RYPMX with an annualized return of -2.97%, while RYPMX has yielded a comparatively higher 13.12% 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%
RYPMX
- 1D
- -1.84%
- 1M
- -4.15%
- YTD
- -1.56%
- 6M
- -6.63%
- 1Y
- 62.48%
- 3Y*
- 41.76%
- 5Y*
- 18.53%
- 10Y*
- 13.12%
RYILX vs. RYPMX - 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% |
RYPMX Rydex Precious Metals Fund | -1.56% | 148.94% | 10.14% | 4.24% | -10.57% | -8.96% | 34.25% | 52.91% | -16.56% | 7.04% |
Correlation
The correlation between RYILX and RYPMX is -0.37, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.32 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2007 | -0.31 |
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Return for Risk
RYILX vs. RYPMX — Risk / Return Rank
RYILX
RYPMX
RYILX vs. RYPMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse High Yield Strategy Fund (RYILX) and Rydex Precious Metals Fund (RYPMX). 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 | RYPMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.58 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.24 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 1.85 | -2.11 |
| Martin ratioReturn relative to average drawdown | -0.49 | 4.85 | -5.35 |
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Drawdowns
RYILX vs. RYPMX - Drawdown Comparison
The maximum RYILX drawdown since its inception was -77.21%, roughly equal to the maximum RYPMX drawdown of -81.25%. Use the drawdown chart below to compare losses from any high point for RYILX and RYPMX.
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Drawdown Indicators
| RYILX | RYPMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.21% | -81.25% | +4.04% |
Max Drawdown (1Y)Largest decline over 1 year | -4.01% | -35.22% | +31.21% |
Max Drawdown (3Y)Largest decline over 3 years | -12.72% | -35.22% | +22.50% |
Max Drawdown (5Y)Largest decline over 5 years | -15.44% | -46.46% | +31.02% |
Max Drawdown (10Y)Largest decline over 10 years | -27.90% | -47.81% | +19.91% |
Current DrawdownCurrent decline from peak | -76.68% | -28.65% | -48.03% |
Average DrawdownAverage peak-to-trough decline | -58.14% | -40.35% | -17.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.45% | 13.38% | -10.93% |
Volatility
RYILX vs. RYPMX - Volatility Comparison
The current volatility for Rydex Inverse High Yield Strategy Fund (RYILX) is 1.77%, while Rydex Precious Metals Fund (RYPMX) has a volatility of 16.76%. This indicates that RYILX experiences smaller price fluctuations and is considered to be less risky than RYPMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYILX | RYPMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 16.76% | -14.99% |
Volatility (6M)Calculated over the trailing 6-month period | 4.22% | 39.88% | -35.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.05% | 47.79% | -42.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.56% | 37.35% | -29.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.16% | 37.25% | -29.09% |
RYILX vs. RYPMX - Expense Ratio Comparison
RYILX has a 1.55% expense ratio, which is higher than RYPMX's 1.26% expense ratio.
Dividends
RYILX vs. RYPMX - Dividend Comparison
RYILX has not paid dividends to shareholders, while RYPMX's dividend yield for the trailing twelve months is around 3.05%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYILX Rydex Inverse High Yield Strategy Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.45% | 7.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RYPMX Rydex Precious Metals Fund | 3.05% | 3.01% | 0.00% | 3.51% | 7.15% | 6.39% | 1.06% | 2.08% | 1.35% | 5.53% | 4.04% | 0.58% |
Frequently Asked Questions
RYILX and RYPMX have a correlation of -0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYPMX has higher volatility (16.76%) compared to RYILX (1.77%). In terms of maximum drawdown, RYILX dropped -77.21% vs RYPMX's -81.25%.
RYPMX currently has the higher Sharpe Ratio (1.36 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.
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