RYMIX vs. RYGRX

Last updated Jun 23, 2026

RYMIX (Rydex Telecommunications Fund) and RYGRX (Rydex S&P 500 Pure Growth Fund) are both mutual funds - RYMIX is a Communications Equities fund managed by Rydex Funds, while RYGRX is a Large Cap Growth Equities fund managed by Rydex Funds. Over the past 10 years, RYMIX returned 8.81%/yr vs 13.61%/yr for RYGRX. A 0.79 correlation means they provide meaningful diversification when combined. RYMIX charges 1.36%/yr vs 2.26%/yr for RYGRX.

Performance

RYMIX vs. RYGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Telecommunications Fund (RYMIX) and Rydex S&P 500 Pure Growth Fund (RYGRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RYMIX achieves a 26.23% return, which is significantly lower than RYGRX's 33.25% return. Over the past 10 years, RYMIX has underperformed RYGRX with an annualized return of 8.81%, while RYGRX has yielded a comparatively higher 13.61% annualized return.

RYMIX

• 1D: -0.66%
• 1M: -6.45%
• YTD: 26.23%
• 6M: 25.71%
• 1Y: 58.37%
• 3Y*: 26.64%
• 5Y*: 8.77%
• 10Y*: 8.81%

RYGRX

• 1D: 2.67%
• 1M: 8.71%
• YTD: 33.25%
• 6M: 30.14%
• 1Y: 41.89%
• 3Y*: 25.56%
• 5Y*: 10.73%
• 10Y*: 13.61%

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

RYMIX vs. RYGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYMIX Rydex Telecommunications Fund	26.23%	32.40%	15.98%	6.45%	-25.64%	9.42%	10.04%	13.43%	-5.25%	5.79%
RYGRX Rydex S&P 500 Pure Growth Fund	33.25%	11.00%	25.73%	5.80%	-28.71%	26.61%	26.34%	34.13%	-6.28%	23.74%

Correlation

The correlation between RYMIX and RYGRX is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jan 3, 2005	0.79

The correlation between RYMIX and RYGRX shifts across timeframes, from 0.65 (3 years) to 0.79 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RYMIX vs. RYGRX — Risk / Return Rank

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

RYMIX

RYMIX Risk / Return Rank: 89
RYMIX Sharpe Ratio Rank: 93
RYMIX Sortino Ratio Rank: 83
RYMIX Omega Ratio Rank: 80
RYMIX Calmar Ratio Rank: 96
RYMIX Martin Ratio Rank: 96

RYGRX

RYGRX Risk / Return Rank: 62
RYGRX Sharpe Ratio Rank: 52
RYGRX Sortino Ratio Rank: 47
RYGRX Omega Ratio Rank: 47
RYGRX Calmar Ratio Rank: 85
RYGRX Martin Ratio Rank: 81

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.

RYMIX vs. RYGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Telecommunications Fund (RYMIX) and Rydex S&P 500 Pure Growth Fund (RYGRX). 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	RYGRX	Difference
Sharpe ratio: Return per unit of total volatility	2.92	1.97	+0.95
Sortino ratio: Return per unit of downside risk	3.60	2.66	+0.95
Omega ratio: Gain probability vs. loss probability	1.48	1.34	+0.14
Calmar ratio: Return relative to maximum drawdown	5.67	3.79	+1.88
Martin ratio: Return relative to average drawdown	21.36	14.10	+7.26

RYMIX vs. RYGRX - Sharpe Ratio Comparison

The current RYMIX Sharpe Ratio is 2.92, which is higher than the RYGRX Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of RYMIX and RYGRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RYMIX vs. RYGRX - Drawdown Comparison

The maximum RYMIX drawdown since its inception was -87.85%, which is greater than RYGRX's maximum drawdown of -54.22%. Use the drawdown chart below to compare losses from any high point for RYMIX and RYGRX.

Drawdown Indicators

	RYMIX	RYGRX	Difference
Max Drawdown Largest peak-to-trough decline	-87.85%	-54.22%	-33.63%
Max Drawdown (1Y) Largest decline over 1 year	-10.46%	-11.17%	+0.71%
Max Drawdown (3Y) Largest decline over 3 years	-16.11%	-24.95%	+8.84%
Max Drawdown (5Y) Largest decline over 5 years	-35.32%	-36.57%	+1.25%
Max Drawdown (10Y) Largest decline over 10 years	-35.32%	-36.63%	+1.31%
Current Drawdown Current decline from peak	-41.41%	-0.17%	-41.24%
Average Drawdown Average peak-to-trough decline	-67.89%	-9.39%	-58.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	2.99%	-0.22%

Volatility

RYMIX vs. RYGRX - Volatility Comparison

The current volatility for Rydex Telecommunications Fund (RYMIX) is 9.43%, while Rydex S&P 500 Pure Growth Fund (RYGRX) has a volatility of 9.93%. This indicates that RYMIX experiences smaller price fluctuations and is considered to be less risky than RYGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYMIX	RYGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.43%	9.93%	-0.50%
Volatility (6M) Calculated over the trailing 6-month period	16.76%	18.47%	-1.71%
Volatility (1Y) Calculated over the trailing 1-year period	20.32%	21.50%	-1.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.55%	23.82%	-5.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.56%	23.04%	-4.48%

RYMIX vs. RYGRX - Expense Ratio Comparison

RYMIX has a 1.36% expense ratio, which is lower than RYGRX's 2.26% expense ratio.

Dividends

RYMIX vs. RYGRX - Dividend Comparison

RYMIX's dividend yield for the trailing twelve months is around 0.67%, less than RYGRX's 3.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RYGRX Rydex S&P 500 Pure Growth Fund	3.82%	5.09%	0.00%	0.00%	0.00%	2.81%	4.43%	12.10%	7.15%	6.26%	0.05%	2.96%
RYMIX Rydex Telecommunications Fund	0.67%	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

Can I hold both RYMIX and RYGRX in my portfolio?

RYMIX and RYGRX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYMIX or RYGRX?

RYGRX has higher volatility (9.93%) compared to RYMIX (9.43%). In terms of maximum drawdown, RYMIX dropped -87.85% vs RYGRX's -54.22%.

Which has better risk-adjusted returns?

RYMIX currently has the higher Sharpe Ratio (2.92 vs 1.97), 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.