RYMKX vs. RYAIX
RYMKX (Rydex Russell 2000 1.5x Strategy Fund) and RYAIX (Rydex Inverse NASDAQ-100 Strategy Fund) are both mutual funds - RYMKX is a Leveraged Equities fund managed by Rydex Funds, while RYAIX is a Inverse Equities fund managed by Rydex Funds. Over the past 10 years, RYMKX returned 10.59%/yr vs -18.03%/yr for RYAIX. Their -0.78 correlation means they have often moved in opposite directions in the past. RYMKX charges 1.69%/yr vs 1.55%/yr for RYAIX.
Performance
RYMKX vs. RYAIX - Performance Comparison
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Returns By Period
In the year-to-date period, RYMKX achieves a 26.33% return, which is significantly higher than RYAIX's -9.23% return. Over the past 10 years, RYMKX has outperformed RYAIX with an annualized return of 10.59%, while RYAIX has yielded a comparatively lower -18.03% annualized return.
RYMKX
- 1D
- 2.04%
- 1M
- -2.80%
- 6M
- 17.23%
- YTD
- 26.33%
- 1Y
- 52.46%
- 3Y*
- 16.73%
- 5Y*
- 4.61%
- 10Y*
- 10.59%
- ALL TIME*
- 8.08%
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 |
RYMKX vs. RYAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYMKX Rydex Russell 2000 1.5x Strategy Fund | 26.33% | 12.79% | 11.00% | 20.06% | -33.16% | 16.62% | 20.94% | 35.38% | -19.62% | 20.07% |
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 RYMKX and RYAIX is -0.71, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.71 |
Correlation (3Y) Balances recent behavior with more history. | -0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.72 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.68 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001 | -0.78 |
The correlation between RYMKX and RYAIX shifts across timeframes, from -0.78 (all time) to -0.66 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
RYMKX vs. RYAIX — Risk / Return Rank
RYMKX
RYAIX
RYMKX vs. RYAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Russell 2000 1.5x Strategy Fund (RYMKX) 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.
| RYMKX | RYAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.33 | ||
| Sortino ratioReturn per unit of downside risk | +3.23 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.89 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | -0.57 | +3.28 |
| Martin ratioReturn relative to average drawdown | 9.36 | -1.12 | +10.48 |
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Drawdowns
RYMKX vs. RYAIX - Drawdown Comparison
The maximum RYMKX drawdown since its inception was -77.57%, smaller than the maximum RYAIX drawdown of -98.93%. Use the drawdown chart below to compare losses from any high point for RYMKX and RYAIX.
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Drawdown Indicators
| RYMKX | RYAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.57% | -98.93% | +21.36% |
Max Drawdown (1Y)Largest decline over 1 year | -16.96% | -25.47% | +8.51% |
Max Drawdown (3Y)Largest decline over 3 years | -39.72% | -50.13% | +10.41% |
Max Drawdown (5Y)Largest decline over 5 years | -63.65% | -61.15% | -2.50% |
Max Drawdown (10Y)Largest decline over 10 years | -63.65% | -87.73% | +24.08% |
Current DrawdownCurrent decline from peak | -21.14% | -98.82% | +77.68% |
Average DrawdownAverage peak-to-trough decline | -23.34% | -73.43% | +50.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.91% | 12.97% | -8.06% |
Volatility
RYMKX vs. RYAIX - Volatility Comparison
The current volatility for Rydex Russell 2000 1.5x Strategy Fund (RYMKX) is 5.74%, while Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) has a volatility of 7.09%. This indicates that RYMKX experiences smaller price fluctuations and is considered to be less risky 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
| RYMKX | RYAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.74% | 7.09% | -1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 21.19% | 16.22% | +4.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.11% | 19.55% | +9.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.40% | 23.36% | +22.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.13% | 22.86% | +18.27% |
RYMKX vs. RYAIX - Expense Ratio Comparison
RYMKX has a 1.69% expense ratio, which is higher than RYAIX's 1.55% expense ratio.
Dividends
RYMKX vs. RYAIX - Dividend Comparison
RYMKX's dividend yield for the trailing twelve months is around 0.66%, less than RYAIX's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
RYMKX Rydex Russell 2000 1.5x Strategy Fund | 0.66% | 0.84% | 1.30% | 0.21% | 0.00% | 57.14% | 0.29% | 0.00% | 0.00% | 0.00% | 9.87% | 8.26% |
Frequently Asked Questions
RYMKX and RYAIX have a correlation of -0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYAIX has higher volatility (7.09%) compared to RYMKX (5.74%). In terms of maximum drawdown, RYMKX dropped -77.57% vs RYAIX's -98.93%.
RYMKX currently has the higher Sharpe Ratio (1.58 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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