RYJSX vs. BIPIX
RYJSX (Rydex Japan 2x Strategy Fund) and BIPIX (ProFunds Biotechnology UltraSector Fund) are both Leveraged Equities funds. Over the past 10 years, RYJSX returned 16.65%/yr vs 8.96%/yr for BIPIX. At a 0.47 correlation, their price movements are largely independent. Both charge a 1.49% expense ratio.
Performance
RYJSX vs. BIPIX - Performance Comparison
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Returns By Period
In the year-to-date period, RYJSX achieves a 77.19% return, which is significantly higher than BIPIX's 20.18% return. Over the past 10 years, RYJSX has outperformed BIPIX with an annualized return of 16.65%, while BIPIX has yielded a comparatively lower 8.96% annualized return.
RYJSX
- 1D
- 5.22%
- 1M
- 23.48%
- YTD
- 77.19%
- 6M
- 78.43%
- 1Y
- 153.49%
- 3Y*
- 36.86%
- 5Y*
- 14.07%
- 10Y*
- 16.65%
BIPIX
- 1D
- 1.43%
- 1M
- 9.88%
- YTD
- 20.18%
- 6M
- 14.36%
- 1Y
- 111.16%
- 3Y*
- 9.29%
- 5Y*
- 2.18%
- 10Y*
- 8.96%
RYJSX vs. BIPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYJSX Rydex Japan 2x Strategy Fund | 77.19% | 50.73% | 1.56% | 34.36% | -42.66% | -14.17% | 40.76% | 38.61% | -21.92% | 50.94% |
BIPIX ProFunds Biotechnology UltraSector Fund | 20.18% | 47.99% | -25.91% | 9.55% | -13.43% | 5.00% | 19.94% | 23.65% | -12.15% | 34.71% |
Correlation
The correlation between RYJSX and BIPIX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2009 | 0.47 |
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Return for Risk
RYJSX vs. BIPIX — Risk / Return Rank
RYJSX
BIPIX
RYJSX vs. BIPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Japan 2x Strategy Fund (RYJSX) and ProFunds Biotechnology UltraSector Fund (BIPIX). 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.
| RYJSX | BIPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.40 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 4.73 | 7.31 | -2.58 |
| Martin ratioReturn relative to average drawdown | 14.62 | 21.37 | -6.74 |
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Drawdowns
RYJSX vs. BIPIX - Drawdown Comparison
The maximum RYJSX drawdown since its inception was -63.60%, smaller than the maximum BIPIX drawdown of -84.51%. Use the drawdown chart below to compare losses from any high point for RYJSX and BIPIX.
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Drawdown Indicators
| RYJSX | BIPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.60% | -84.51% | +20.91% |
Max Drawdown (1Y)Largest decline over 1 year | -30.86% | -15.15% | -15.71% |
Max Drawdown (3Y)Largest decline over 3 years | -40.80% | -59.50% | +18.70% |
Max Drawdown (5Y)Largest decline over 5 years | -61.07% | -63.86% | +2.79% |
Max Drawdown (10Y)Largest decline over 10 years | -63.60% | -63.86% | +0.26% |
Current DrawdownCurrent decline from peak | 0.00% | -3.72% | +3.72% |
Average DrawdownAverage peak-to-trough decline | -20.83% | -37.17% | +16.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.96% | 5.18% | +4.78% |
Volatility
RYJSX vs. BIPIX - Volatility Comparison
Rydex Japan 2x Strategy Fund (RYJSX) has a higher volatility of 20.99% compared to ProFunds Biotechnology UltraSector Fund (BIPIX) at 15.02%. This indicates that RYJSX's price experiences larger fluctuations and is considered to be riskier than BIPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYJSX | BIPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.99% | 15.02% | +5.97% |
Volatility (6M)Calculated over the trailing 6-month period | 43.61% | 31.47% | +12.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.47% | 39.36% | +14.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.42% | 39.91% | +1.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.13% | 36.47% | +1.66% |
RYJSX vs. BIPIX - Expense Ratio Comparison
Both RYJSX and BIPIX have an expense ratio of 1.49%.
Dividends
RYJSX vs. BIPIX - Dividend Comparison
RYJSX's dividend yield for the trailing twelve months is around 0.63%, more than BIPIX's 0.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BIPIX ProFunds Biotechnology UltraSector Fund | 0.30% | 0.37% | 0.23% | 6.69% | 0.00% | 0.79% | 12.09% | 3.26% | 5.52% | 7.19% |
RYJSX Rydex Japan 2x Strategy Fund | 0.63% | 1.11% | 4.50% | 5.86% | 0.00% | 0.00% | 0.52% | 0.85% | 0.48% | 3.24% |
Frequently Asked Questions
RYJSX and BIPIX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYJSX has higher volatility (20.99%) compared to BIPIX (15.02%). In terms of maximum drawdown, RYJSX dropped -63.60% vs BIPIX's -84.51%.
BIPIX currently has the higher Sharpe Ratio (2.82 vs 2.73), 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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