RYLIX vs. RMQAX
RYLIX (Rydex Leisure Fund) and RMQAX (Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund) are both mutual funds - RYLIX is a Consumer Discretionary Equities fund managed by Rydex Funds, while RMQAX is a Leveraged Equities fund managed by Rydex Funds. Over the past 10 years, RYLIX returned 6.95%/yr vs 34.08%/yr for RMQAX. Their 0.71 correlation means they have sometimes moved together and sometimes differently. RYLIX charges 1.39%/yr vs 1.32%/yr for RMQAX.
Performance
RYLIX vs. RMQAX - Performance Comparison
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Returns By Period
In the year-to-date period, RYLIX achieves a -1.99% return, which is significantly lower than RMQAX's 17.71% return. Over the past 10 years, RYLIX has underperformed RMQAX with an annualized return of 6.95%, while RMQAX has yielded a comparatively higher 34.08% annualized return.
RYLIX
- 1D
- -0.99%
- 1M
- -0.68%
- 6M
- -0.93%
- YTD
- -1.99%
- 1Y
- -0.83%
- 3Y*
- 7.53%
- 5Y*
- 1.06%
- 10Y*
- 6.95%
- ALL TIME*
- 5.13%
RMQAX
- 1D
- 1.29%
- 1M
- -7.73%
- 6M
- 13.82%
- YTD
- 17.71%
- 1Y
- 41.27%
- 3Y*
- 36.09%
- 5Y*
- 18.27%
- 10Y*
- 34.08%
- ALL TIME*
- 31.46%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
RYLIX Rydex Leisure Fund | $0.00 | $0.00 | $0.00 |
RYLIX vs. RMQAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYLIX Rydex Leisure Fund | -1.99% | 8.99% | 17.03% | 22.86% | -26.98% | 0.91% | 21.26% | 29.89% | -13.22% | 20.52% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 17.71% | 33.92% | 44.76% | 115.91% | -59.93% | 56.36% | 101.06% | 80.80% | -7.28% | 69.80% |
Correlation
The correlation between RYLIX and RMQAX is 0.31, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.31 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.68 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015 | 0.71 |
Over the past year, the correlation between RYLIX and RMQAX has dropped to 0.31 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
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Return for Risk
RYLIX vs. RMQAX — Risk / Return Rank
RYLIX
RMQAX
RYLIX vs. RMQAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Leisure Fund (RYLIX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX). 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.
| RYLIX | RMQAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.09 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.18 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 1.44 | -1.62 |
| Martin ratioReturn relative to average drawdown | -0.37 | 4.42 | -4.79 |
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Drawdowns
RYLIX vs. RMQAX - Drawdown Comparison
The maximum RYLIX drawdown since its inception was -68.20%, which is greater than RMQAX's maximum drawdown of -63.18%. Use the drawdown chart below to compare losses from any high point for RYLIX and RMQAX.
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Drawdown Indicators
| RYLIX | RMQAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.20% | -63.18% | -5.02% |
Max Drawdown (1Y)Largest decline over 1 year | -14.04% | -24.96% | +10.92% |
Max Drawdown (3Y)Largest decline over 3 years | -19.18% | -42.45% | +23.27% |
Max Drawdown (5Y)Largest decline over 5 years | -38.33% | -63.18% | +24.85% |
Max Drawdown (10Y)Largest decline over 10 years | -42.27% | -63.18% | +20.91% |
Current DrawdownCurrent decline from peak | -6.54% | -16.01% | +9.47% |
Average DrawdownAverage peak-to-trough decline | -16.32% | -12.85% | -3.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.97% | 8.10% | -1.13% |
Volatility
RYLIX vs. RMQAX - Volatility Comparison
The current volatility for Rydex Leisure Fund (RYLIX) is 5.29%, while Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) has a volatility of 14.50%. This indicates that RYLIX experiences smaller price fluctuations and is considered to be less risky than RMQAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYLIX | RMQAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 14.50% | -9.21% |
Volatility (6M)Calculated over the trailing 6-month period | 11.94% | 32.55% | -20.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.97% | 39.25% | -24.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.97% | 47.22% | -27.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.09% | 46.82% | -26.73% |
RYLIX vs. RMQAX - Expense Ratio Comparison
RYLIX has a 1.39% expense ratio, which is higher than RMQAX's 1.32% expense ratio.
Dividends
RYLIX vs. RMQAX - Dividend Comparison
RYLIX's dividend yield for the trailing twelve months is around 0.06%, less than RMQAX's 30.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 30.81% | 36.27% | 26.02% | 3.76% | 0.00% | 2.18% | 5.30% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% |
RYLIX Rydex Leisure Fund | 0.06% | 0.06% | 0.43% | 0.06% | 0.00% | 6.14% | 0.00% | 0.24% | 8.04% | 6.23% | 0.49% | 0.72% |
Frequently Asked Questions
RYLIX and RMQAX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RMQAX has higher volatility (14.50%) compared to RYLIX (5.29%). In terms of maximum drawdown, RYLIX dropped -68.20% vs RMQAX's -63.18%.
RMQAX currently has the higher Sharpe Ratio (0.91 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.
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