RYMEX vs. ARCIX

Last updated Apr 1, 2026

Compare and contrast key facts about Rydex Commodities Strategy Fund (RYMEX) and AQR Risk-Balanced Commodities Strategy Fund (ARCIX).

RYMEX is managed by Rydex Funds. It was launched on May 24, 2005. ARCIX is managed by AQR Funds. It was launched on Jul 8, 2012.

Performance

RYMEX vs. ARCIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Commodities Strategy Fund (RYMEX) and AQR Risk-Balanced Commodities Strategy Fund (ARCIX). The values are adjusted to include any dividend payments, if applicable.

RYMEX vs. ARCIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYMEX Rydex Commodities Strategy Fund	40.07%	4.70%	8.24%	-6.14%	23.72%	39.03%	-64.08%	15.48%	-14.96%	4.67%
ARCIX AQR Risk-Balanced Commodities Strategy Fund	17.04%	20.99%	7.43%	-0.22%	21.39%	39.74%	8.15%	18.15%	-17.56%	10.41%

Returns By Period

In the year-to-date period, RYMEX achieves a 40.07% return, which is significantly higher than ARCIX's 17.04% return. Over the past 10 years, RYMEX has underperformed ARCIX with an annualized return of 0.96%, while ARCIX has yielded a comparatively higher 12.98% annualized return.

RYMEX

• 1D: 1.67%
• 1M: 24.61%
• YTD: 40.07%
• 6M: 40.55%
• 1Y: 40.95%
• 3Y*: 16.42%
• 5Y*: 17.74%
• 10Y*: 0.96%

ARCIX

• 1D: 0.56%
• 1M: 6.06%
• YTD: 17.04%
• 6M: 26.39%
• 1Y: 30.67%
• 3Y*: 14.38%
• 5Y*: 18.72%
• 10Y*: 12.98%

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

RYMEX vs. ARCIX - Expense Ratio Comparison

RYMEX has a 1.60% expense ratio, which is higher than ARCIX's 1.00% expense ratio.

RYMEX

Rydex Commodities Strategy Fund

ARCIX

AQR Risk-Balanced Commodities Strategy Fund

Return for Risk

RYMEX vs. ARCIX — Risk / Return Rank

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

RYMEX

RYMEX Risk / Return Rank: 91
RYMEX Sharpe Ratio Rank: 93
RYMEX Sortino Ratio Rank: 92
RYMEX Omega Ratio Rank: 86
RYMEX Calmar Ratio Rank: 96
RYMEX Martin Ratio Rank: 88

ARCIX

ARCIX Risk / Return Rank: 90
ARCIX Sharpe Ratio Rank: 92
ARCIX Sortino Ratio Rank: 89
ARCIX Omega Ratio Rank: 87
ARCIX Calmar Ratio Rank: 94
ARCIX Martin Ratio Rank: 89

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.

RYMEX vs. ARCIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Commodities Strategy Fund (RYMEX) and AQR Risk-Balanced Commodities Strategy Fund (ARCIX). 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.

	RYMEX	ARCIX	Difference
Sharpe ratio Return per unit of total volatility	2.04	1.98	+0.06
Sortino ratio Return per unit of downside risk	2.70	2.48	+0.22
Omega ratio Gain probability vs. loss probability	1.36	1.37	0.00
Calmar ratio Return relative to maximum drawdown	3.59	3.08	+0.51
Martin ratio Return relative to average drawdown	9.58	9.79	-0.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYMEX vs. ARCIX - Sharpe Ratio Comparison

The current RYMEX Sharpe Ratio is 2.04, which is comparable to the ARCIX Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of RYMEX and ARCIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RYMEX	ARCIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	1.98	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.98	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.04	0.75	-0.71
Sharpe Ratio (All Time) Calculated using the full available price history	-0.26	0.31	-0.57

Correlation

The correlation between RYMEX and ARCIX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

RYMEX vs. ARCIX - Dividend Comparison

RYMEX's dividend yield for the trailing twelve months is around 1.70%, less than ARCIX's 11.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
RYMEX Rydex Commodities Strategy Fund	1.70%	2.38%	0.00%	4.98%	17.15%	2.97%	0.00%	0.74%	44.23%	1.49%	0.00%
ARCIX AQR Risk-Balanced Commodities Strategy Fund	11.48%	13.44%	2.11%	7.56%	9.51%	18.23%	0.09%	5.19%	0.67%	0.01%	4.82%

Drawdowns

RYMEX vs. ARCIX - Drawdown Comparison

The maximum RYMEX drawdown since its inception was -93.96%, which is greater than ARCIX's maximum drawdown of -54.25%. Use the drawdown chart below to compare losses from any high point for RYMEX and ARCIX.

Drawdown Indicators

	RYMEX	ARCIX	Difference
Max Drawdown Largest peak-to-trough decline	-93.96%	-54.25%	-39.71%
Max Drawdown (1Y) Largest decline over 1 year	-11.86%	-10.19%	-1.67%
Max Drawdown (5Y) Largest decline over 5 years	-30.45%	-20.29%	-10.16%
Max Drawdown (10Y) Largest decline over 10 years	-69.87%	-32.45%	-37.42%
Current Drawdown Current decline from peak	-84.04%	-1.09%	-82.95%
Average Drawdown Average peak-to-trough decline	-69.16%	-25.68%	-43.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.45%	3.21%	+1.24%

Volatility

RYMEX vs. ARCIX - Volatility Comparison

Rydex Commodities Strategy Fund (RYMEX) has a higher volatility of 11.73% compared to AQR Risk-Balanced Commodities Strategy Fund (ARCIX) at 5.41%. This indicates that RYMEX's price experiences larger fluctuations and is considered to be riskier than ARCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYMEX	ARCIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.73%	5.41%	+6.32%
Volatility (6M) Calculated over the trailing 6-month period	16.53%	12.64%	+3.89%
Volatility (1Y) Calculated over the trailing 1-year period	21.32%	15.98%	+5.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.05%	19.17%	+2.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.62%	17.46%	+10.16%