RYJSX vs. CNPIX

Last updated Jun 4, 2026

RYJSX (Rydex Japan 2x Strategy Fund) and CNPIX (ProFunds Consumer Goods UltraSector Fund) are both Leveraged Equities funds. Over the past 10 years, RYJSX returned 15.51%/yr vs 13.51%/yr for CNPIX. A 0.53 correlation means they provide meaningful diversification when combined. RYJSX charges 1.49%/yr vs 1.78%/yr for CNPIX.

Performance

RYJSX vs. CNPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Japan 2x Strategy Fund (RYJSX) and ProFunds Consumer Goods UltraSector Fund (CNPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RYJSX achieves a 61.13% return, which is significantly higher than CNPIX's 6.47% return. Over the past 10 years, RYJSX has outperformed CNPIX with an annualized return of 15.51%, while CNPIX has yielded a comparatively lower 13.51% annualized return.

RYJSX

• 1D: 0.41%
• 1M: 23.21%
• YTD: 61.13%
• 6M: 60.11%
• 1Y: 129.24%
• 3Y*: 35.83%
• 5Y*: 11.23%
• 10Y*: 15.51%

CNPIX

• 1D: -0.32%
• 1M: -3.41%
• YTD: 6.47%
• 6M: 5.02%
• 1Y: -3.00%
• 3Y*: 3.93%
• 5Y*: -1.77%
• 10Y*: 13.51%

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

RYJSX vs. CNPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYJSX Rydex Japan 2x Strategy Fund	61.13%	50.73%	1.56%	34.36%	-42.66%	-14.17%	40.76%	38.61%	-21.92%	50.94%
CNPIX ProFunds Consumer Goods UltraSector Fund	6.47%	-3.43%	12.77%	2.93%	-36.57%	26.52%	188.12%	40.51%	-22.66%	20.89%

Correlation

The correlation between RYJSX and CNPIX is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jan 5, 2009	0.53

Over the past year, the correlation between RYJSX and CNPIX has dropped to 0.05 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.

Return for Risk

RYJSX vs. CNPIX — Risk / Return Rank

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

RYJSX

RYJSX Risk / Return Rank: 64
RYJSX Sharpe Ratio Rank: 72
RYJSX Sortino Ratio Rank: 51
RYJSX Omega Ratio Rank: 45
RYJSX Calmar Ratio Rank: 85
RYJSX Martin Ratio Rank: 65

CNPIX

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

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.

RYJSX vs. CNPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Japan 2x Strategy Fund (RYJSX) and ProFunds Consumer Goods UltraSector Fund (CNPIX). 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.

	RYJSX	CNPIX	Difference
Sharpe ratio: Return per unit of total volatility	2.49	-0.17	+2.65
Sortino ratio: Return per unit of downside risk	3.04	-0.11	+3.14
Omega ratio: Gain probability vs. loss probability	1.37	0.99	+0.38
Calmar ratio: Return relative to maximum drawdown	4.04	-0.22	+4.26
Martin ratio: Return relative to average drawdown	12.66	-0.40	+13.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYJSX vs. CNPIX - Sharpe Ratio Comparison

The current RYJSX Sharpe Ratio is 2.49, which is higher than the CNPIX Sharpe Ratio of -0.17. The chart below compares the historical Sharpe Ratios of RYJSX and CNPIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RYJSX	CNPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	-0.17	+2.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	-0.07	+0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.34	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.37	-0.07

Drawdowns

RYJSX vs. CNPIX - Drawdown Comparison

The maximum RYJSX drawdown since its inception was -63.60%, which is greater than CNPIX's maximum drawdown of -60.04%. Use the drawdown chart below to compare losses from any high point for RYJSX and CNPIX.

Drawdown Indicators

	RYJSX	CNPIX	Difference
Max Drawdown Largest peak-to-trough decline	-63.60%	-60.04%	-3.56%
Max Drawdown (1Y) Largest decline over 1 year	-30.86%	-14.47%	-16.39%
Max Drawdown (3Y) Largest decline over 3 years	-40.80%	-19.04%	-21.76%
Max Drawdown (5Y) Largest decline over 5 years	-61.07%	-45.40%	-15.67%
Max Drawdown (10Y) Largest decline over 10 years	-63.60%	-46.56%	-17.04%
Current Drawdown Current decline from peak	0.00%	-28.17%	+28.17%
Average Drawdown Average peak-to-trough decline	-20.88%	-12.95%	-7.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.84%	7.93%	+1.91%

Volatility

RYJSX vs. CNPIX - Volatility Comparison

Rydex Japan 2x Strategy Fund (RYJSX) has a higher volatility of 14.19% compared to ProFunds Consumer Goods UltraSector Fund (CNPIX) at 5.97%. This indicates that RYJSX's price experiences larger fluctuations and is considered to be riskier than CNPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYJSX	CNPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.19%	5.97%	+8.22%
Volatility (6M) Calculated over the trailing 6-month period	39.70%	14.72%	+24.98%
Volatility (1Y) Calculated over the trailing 1-year period	50.21%	18.83%	+31.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.59%	23.71%	+16.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.71%	40.43%	-2.72%

RYJSX vs. CNPIX - Expense Ratio Comparison

RYJSX has a 1.49% expense ratio, which is lower than CNPIX's 1.78% expense ratio.

Dividends

RYJSX vs. CNPIX - Dividend Comparison

RYJSX's dividend yield for the trailing twelve months is around 0.69%, more than CNPIX's 0.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CNPIX ProFunds Consumer Goods UltraSector Fund	0.57%	0.60%	1.55%	1.59%	0.00%	1.45%	0.00%	2.77%	1.64%	0.07%	0.00%	0.50%
RYJSX Rydex Japan 2x Strategy Fund	0.69%	1.11%	4.50%	5.86%	0.00%	0.00%	0.52%	0.85%	0.48%	3.24%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RYJSX and CNPIX in my portfolio?

RYJSX and CNPIX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYJSX or CNPIX?

RYJSX has higher volatility (14.19%) compared to CNPIX (5.97%). In terms of maximum drawdown, RYJSX dropped -63.60% vs CNPIX's -60.04%.

Which has better risk-adjusted returns?

RYJSX currently has the higher Sharpe Ratio (2.49 vs -0.17), 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.