RYMIX vs. RYGBX
RYMIX (Rydex Telecommunications Fund) and RYGBX (Rydex Government Long Bond 1.2x Strategy Fund) are both mutual funds - RYMIX is a Communications Equities fund managed by Rydex Funds, while RYGBX is a Leveraged Bonds fund managed by Rydex Funds. Over the past 10 years, RYMIX returned 7.78%/yr vs -5.63%/yr for RYGBX. Their -0.20 correlation means they have often moved in opposite directions in the past. RYMIX charges 1.36%/yr vs 0.99%/yr for RYGBX.
Performance
RYMIX vs. RYGBX - Performance Comparison
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Returns By Period
In the year-to-date period, RYMIX achieves a 20.98% return, which is significantly higher than RYGBX's -6.07% return. Over the past 10 years, RYMIX has outperformed RYGBX with an annualized return of 7.78%, while RYGBX has yielded a comparatively lower -5.63% annualized return.
RYMIX
- 1D
- 1.15%
- 1M
- -0.96%
- 6M
- 12.81%
- YTD
- 20.98%
- 1Y
- 47.45%
- 3Y*
- 24.50%
- 5Y*
- 7.43%
- 10Y*
- 7.78%
- ALL TIME*
- -0.09%
RYGBX
- 1D
- -0.82%
- 1M
- -4.90%
- 6M
- -4.91%
- YTD
- -6.07%
- 1Y
- -5.14%
- 3Y*
- -5.38%
- 5Y*
- -13.27%
- 10Y*
- -5.63%
- ALL TIME*
- 1.17%
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 |
RYMIX vs. RYGBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYMIX Rydex Telecommunications Fund | 20.98% | 32.40% | 15.98% | 6.45% | -25.64% | 9.42% | 10.04% | 13.43% | -5.25% | 5.79% |
RYGBX Rydex Government Long Bond 1.2x Strategy Fund | -6.07% | 2.19% | -12.81% | -1.05% | -40.90% | -7.28% | 21.93% | 17.50% | -5.20% | 9.93% |
Correlation
The correlation between RYMIX and RYGBX is 0.10, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.08 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | -0.20 |
The correlation between RYMIX and RYGBX shifts across timeframes, from -0.20 (all time) to 0.13 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
RYMIX vs. RYGBX — Risk / Return Rank
RYMIX
RYGBX
RYMIX vs. RYGBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Telecommunications Fund (RYMIX) and Rydex Government Long Bond 1.2x Strategy Fund (RYGBX). 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.
| RYMIX | RYGBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.43 | ||
| Sortino ratioReturn per unit of downside risk | +3.12 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 0.95 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | -0.35 | +2.98 |
| Martin ratioReturn relative to average drawdown | 8.46 | -0.76 | +9.22 |
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Drawdowns
RYMIX vs. RYGBX - Drawdown Comparison
The maximum RYMIX drawdown since its inception was -87.85%, which is greater than RYGBX's maximum drawdown of -62.42%. Use the drawdown chart below to compare losses from any high point for RYMIX and RYGBX.
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Drawdown Indicators
| RYMIX | RYGBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.85% | -62.42% | -25.43% |
Max Drawdown (1Y)Largest decline over 1 year | -16.86% | -10.47% | -6.39% |
Max Drawdown (3Y)Largest decline over 3 years | -16.86% | -19.21% | +2.35% |
Max Drawdown (5Y)Largest decline over 5 years | -35.32% | -55.36% | +20.04% |
Max Drawdown (10Y)Largest decline over 10 years | -35.32% | -62.42% | +27.10% |
Current DrawdownCurrent decline from peak | -43.84% | -60.92% | +17.08% |
Average DrawdownAverage peak-to-trough decline | -67.79% | -19.71% | -48.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.23% | 4.79% | +0.44% |
Volatility
RYMIX vs. RYGBX - Volatility Comparison
Rydex Telecommunications Fund (RYMIX) has a higher volatility of 6.56% compared to Rydex Government Long Bond 1.2x Strategy Fund (RYGBX) at 2.93%. This indicates that RYMIX's price experiences larger fluctuations and is considered to be riskier than RYGBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYMIX | RYGBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.56% | 2.93% | +3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 17.76% | 7.96% | +9.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.12% | 10.87% | +10.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.76% | 19.53% | -0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.58% | 19.18% | -0.60% |
RYMIX vs. RYGBX - Expense Ratio Comparison
RYMIX has a 1.36% expense ratio, which is higher than RYGBX's 0.99% expense ratio.
Dividends
RYMIX vs. RYGBX - Dividend Comparison
RYMIX's dividend yield for the trailing twelve months is around 0.70%, less than RYGBX's 3.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYGBX Rydex Government Long Bond 1.2x Strategy Fund | 3.75% | 3.59% | 2.89% | 2.70% | 1.69% | 0.71% | 46.47% | 5.00% | 1.51% | 1.45% | 5.62% | 2.07% |
RYMIX Rydex Telecommunications Fund | 0.70% | 0.85% | 0.17% | 1.55% | 1.42% | 0.42% | 2.16% | 3.56% | 0.26% | 3.95% | 2.13% | 3.57% |
Frequently Asked Questions
RYMIX and RYGBX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYMIX has higher volatility (6.56%) compared to RYGBX (2.93%). In terms of maximum drawdown, RYMIX dropped -87.85% vs RYGBX's -62.42%.
RYMIX currently has the higher Sharpe Ratio (2.10 vs -0.34), 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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