RYMEX vs. RYAIX
RYMEX (Rydex Commodities Strategy Fund) and RYAIX (Rydex Inverse NASDAQ-100 Strategy Fund) are both mutual funds - RYMEX is a Commodities fund managed by Rydex Funds, while RYAIX is a Inverse Equities fund managed by Rydex Funds. Over the past 10 years, RYMEX returned 8.56%/yr vs -18.03%/yr for RYAIX. Their -0.21 correlation means they have often moved in opposite directions in the past. RYMEX charges 1.60%/yr vs 1.55%/yr for RYAIX.
Performance
RYMEX vs. RYAIX - Performance Comparison
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Returns By Period
In the year-to-date period, RYMEX achieves a 36.88% return, which is significantly higher than RYAIX's -9.23% return. Over the past 10 years, RYMEX has outperformed RYAIX with an annualized return of 8.56%, while RYAIX has yielded a comparatively lower -18.03% annualized return.
RYMEX
- 1D
- -0.70%
- 1M
- 12.31%
- 6M
- 24.02%
- YTD
- 36.88%
- 1Y
- 40.17%
- 3Y*
- 12.97%
- 5Y*
- 13.58%
- 10Y*
- 8.56%
- ALL TIME*
- -3.27%
RYAIX
- 1D
- -3.29%
- 1M
- 5.63%
- 6M
- -8.48%
- YTD
- -9.23%
- 1Y
- -16.78%
- 3Y*
- -14.70%
- 5Y*
- -11.60%
- 10Y*
- -18.03%
- ALL TIME*
- -14.55%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
RYMEX vs. RYAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYMEX Rydex Commodities Strategy Fund | 36.88% | 4.70% | 8.24% | -6.14% | 23.72% | 39.03% | -22.99% | 15.48% | -14.96% | 4.67% |
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | -9.23% | -15.63% | -15.64% | -31.71% | 35.92% | -24.88% | -40.98% | -27.65% | -2.63% | -24.47% |
Correlation
The correlation between RYMEX and RYAIX is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | -0.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.08 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.15 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2006 | -0.21 |
The correlation between RYMEX and RYAIX shifts across timeframes, from -0.21 (all time) to 0.15 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RYMEX vs. RYAIX — Risk / Return Rank
RYMEX
RYAIX
RYMEX vs. RYAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Commodities Strategy Fund (RYMEX) and Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX). 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.
| RYMEX | RYAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.21 | ||
| Sortino ratioReturn per unit of downside risk | +3.02 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.89 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | -0.57 | +2.55 |
| Martin ratioReturn relative to average drawdown | 6.26 | -1.12 | +7.38 |
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Drawdowns
RYMEX vs. RYAIX - Drawdown Comparison
The maximum RYMEX drawdown since its inception was -91.81%, smaller than the maximum RYAIX drawdown of -98.93%. Use the drawdown chart below to compare losses from any high point for RYMEX and RYAIX.
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Drawdown Indicators
| RYMEX | RYAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.81% | -98.93% | +7.12% |
Max Drawdown (1Y)Largest decline over 1 year | -18.68% | -25.47% | +6.79% |
Max Drawdown (3Y)Largest decline over 3 years | -18.68% | -50.13% | +31.45% |
Max Drawdown (5Y)Largest decline over 5 years | -30.45% | -61.15% | +30.70% |
Max Drawdown (10Y)Largest decline over 10 years | -59.20% | -87.73% | +28.53% |
Current DrawdownCurrent decline from peak | -66.55% | -98.82% | +32.27% |
Average DrawdownAverage peak-to-trough decline | -66.07% | -73.43% | +7.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.92% | 12.97% | -7.05% |
Volatility
RYMEX vs. RYAIX - Volatility Comparison
Rydex Commodities Strategy Fund (RYMEX) has a higher volatility of 8.28% compared to Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) at 7.09%. This indicates that RYMEX's price experiences larger fluctuations and is considered to be riskier than RYAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYMEX | RYAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.28% | 7.09% | +1.19% |
Volatility (6M)Calculated over the trailing 6-month period | 23.23% | 16.22% | +7.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.13% | 19.55% | +5.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.10% | 23.36% | -0.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.37% | 22.86% | -0.49% |
RYMEX vs. RYAIX - Expense Ratio Comparison
RYMEX has a 1.60% expense ratio, which is higher than RYAIX's 1.55% expense ratio.
Dividends
RYMEX vs. RYAIX - Dividend Comparison
RYMEX's dividend yield for the trailing twelve months is around 1.74%, less than RYAIX's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | 2.46% | 2.23% | 5.67% | 4.81% | 0.00% | 0.00% | 0.09% | 0.72% | 0.00% | 0.00% |
RYMEX Rydex Commodities Strategy Fund | 1.74% | 2.38% | 0.00% | 4.98% | 17.15% | 2.97% | 109.50% | 0.74% | 44.23% | 1.49% |
Frequently Asked Questions
RYMEX and RYAIX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYMEX has higher volatility (8.28%) compared to RYAIX (7.09%). In terms of maximum drawdown, RYMEX dropped -91.81% vs RYAIX's -98.93%.
RYMEX currently has the higher Sharpe Ratio (1.47 vs -0.75), 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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