RYJUX vs. RTPIX

Last updated Jun 4, 2026

RYJUX (Rydex Inverse Government Long Bond Strategy Fund) and RTPIX (ProFunds Rising Rates Opportunity 10 Fund) are both Inverse Bonds funds. Over the past 10 years, RYJUX returned 3.15%/yr vs 0.94%/yr for RTPIX. Their correlation of 0.93 suggests significant overlap in exposure. RYJUX charges 4.28%/yr vs 1.78%/yr for RTPIX.

Performance

RYJUX vs. RTPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Inverse Government Long Bond Strategy Fund (RYJUX) 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, RYJUX achieves a 2.26% return, which is significantly lower than RTPIX's 2.48% return. Over the past 10 years, RYJUX has outperformed RTPIX with an annualized return of 3.15%, while RTPIX has yielded a comparatively lower 0.94% annualized return.

RYJUX

• 1D: -0.20%
• 1M: -0.71%
• YTD: 2.26%
• 6M: 4.03%
• 1Y: 0.69%
• 3Y*: 8.96%
• 5Y*: 10.74%
• 10Y*: 3.15%

RTPIX

• 1D: -0.07%
• 1M: 0.07%
• YTD: 2.48%
• 6M: 3.23%
• 1Y: 0.66%
• 3Y*: 2.56%
• 5Y*: 4.48%
• 10Y*: 0.94%

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

RYJUX vs. RTPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYJUX Rydex Inverse Government Long Bond Strategy Fund	2.26%	2.24%	18.01%	4.58%	45.99%	1.31%	-21.12%	-12.94%	4.03%	-8.97%
RTPIX ProFunds Rising Rates Opportunity 10 Fund	2.48%	-2.23%	3.81%	3.77%	19.50%	1.22%	-11.86%	-7.09%	1.07%	-3.06%

Correlation

The correlation between RYJUX and RTPIX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jan 4, 2006	0.93

The correlation between RYJUX and RTPIX has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

Return for Risk

RYJUX vs. RTPIX — Risk / Return Rank

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

RYJUX

RYJUX Risk / Return Rank: 3
RYJUX Sharpe Ratio Rank: 3
RYJUX Sortino Ratio Rank: 3
RYJUX Omega Ratio Rank: 3
RYJUX Calmar Ratio Rank: 3
RYJUX Martin Ratio Rank: 3

RTPIX

RTPIX Risk / Return Rank: 3
RTPIX Sharpe Ratio Rank: 3
RTPIX Sortino Ratio Rank: 3
RTPIX Omega Ratio Rank: 3
RTPIX Calmar Ratio Rank: 4
RTPIX Martin Ratio Rank: 3

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.

RYJUX vs. RTPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse Government Long Bond Strategy Fund (RYJUX) 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.

	RYJUX	RTPIX	Difference
Sharpe ratio: Return per unit of total volatility	0.09	0.14	-0.05
Sortino ratio: Return per unit of downside risk	0.19	0.23	-0.04
Omega ratio: Gain probability vs. loss probability	1.02	1.03	0.00
Calmar ratio: Return relative to maximum drawdown	0.12	0.20	-0.07
Martin ratio: Return relative to average drawdown	0.29	0.37	-0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYJUX vs. RTPIX - Sharpe Ratio Comparison

The current RYJUX Sharpe Ratio is 0.09, which is lower than the RTPIX Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of RYJUX 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.

Sharpe Ratios by Period

	RYJUX	RTPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.09	0.14	-0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.52	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.20	0.13	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	-0.22	-0.20	-0.02

Drawdowns

RYJUX vs. RTPIX - Drawdown Comparison

The maximum RYJUX drawdown since its inception was -85.46%, which is greater than RTPIX's maximum drawdown of -69.27%. Use the drawdown chart below to compare losses from any high point for RYJUX and RTPIX.

Drawdown Indicators

	RYJUX	RTPIX	Difference
Max Drawdown Largest peak-to-trough decline	-85.46%	-69.27%	-16.19%
Max Drawdown (1Y) Largest decline over 1 year	-6.75%	-3.74%	-3.01%
Max Drawdown (3Y) Largest decline over 3 years	-16.72%	-9.51%	-7.21%
Max Drawdown (5Y) Largest decline over 5 years	-16.72%	-9.51%	-7.21%
Max Drawdown (10Y) Largest decline over 10 years	-42.57%	-23.73%	-18.84%
Current Drawdown Current decline from peak	-69.52%	-58.93%	-10.59%
Average Drawdown Average peak-to-trough decline	-50.84%	-51.18%	+0.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	1.99%	+0.92%

Volatility

RYJUX vs. RTPIX - Volatility Comparison

Rydex Inverse Government Long Bond Strategy Fund (RYJUX) has a higher volatility of 2.70% compared to ProFunds Rising Rates Opportunity 10 Fund (RTPIX) at 1.74%. This indicates that RYJUX'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

	RYJUX	RTPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.70%	1.74%	+0.96%
Volatility (6M) Calculated over the trailing 6-month period	6.27%	3.71%	+2.56%
Volatility (1Y) Calculated over the trailing 1-year period	9.51%	5.27%	+4.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.28%	8.61%	+7.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.98%	7.49%	+8.49%

RYJUX vs. RTPIX - Expense Ratio Comparison

RYJUX has a 4.28% expense ratio, which is higher than RTPIX's 1.78% expense ratio.

Dividends

RYJUX vs. RTPIX - Dividend Comparison

RYJUX's dividend yield for the trailing twelve months is around 4.34%, more than RTPIX's 3.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
RTPIX ProFunds Rising Rates Opportunity 10 Fund	3.42%	3.50%	0.00%	6.68%	0.00%	0.00%	0.00%	0.58%
RYJUX Rydex Inverse Government Long Bond Strategy Fund	4.34%	4.44%	7.75%	1.26%	0.00%	0.00%	0.37%	0.00%

Frequently Asked Questions

Can I hold both RYJUX and RTPIX in my portfolio?

With a correlation of 0.92, RYJUX and RTPIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, RYJUX or RTPIX?

RYJUX has higher volatility (2.70%) compared to RTPIX (1.74%). In terms of maximum drawdown, RYJUX dropped -85.46% vs RTPIX's -69.27%.

Which has better risk-adjusted returns?

RTPIX currently has the higher Sharpe Ratio (0.14 vs 0.09), 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.