RYMKX vs. RYDAX
RYMKX (Rydex Russell 2000 1.5x Strategy Fund) and RYDAX (Rydex Dow Jones Industrial Average Fund) are both mutual funds - RYMKX is a Leveraged Equities fund managed by Rydex Funds, while RYDAX is a Large Cap Value Equities fund managed by Rydex Funds. Over the past 10 years, RYMKX returned 10.59%/yr vs 11.41%/yr for RYDAX. Their 0.78 correlation means they have sometimes moved together and sometimes differently. RYMKX charges 1.69%/yr vs 1.58%/yr for RYDAX.
Performance
RYMKX vs. RYDAX - 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 RYDAX's 8.60% return. Over the past 10 years, RYMKX has underperformed RYDAX with an annualized return of 10.59%, while RYDAX has yielded a comparatively higher 11.41% 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%
RYDAX
- 1D
- 1.18%
- 1M
- -1.37%
- 6M
- 6.82%
- YTD
- 8.60%
- 1Y
- 19.84%
- 3Y*
- 13.84%
- 5Y*
- 8.55%
- 10Y*
- 11.41%
- ALL TIME*
- 11.58%
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. RYDAX - 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% |
RYDAX Rydex Dow Jones Industrial Average Fund | 8.60% | 12.98% | 13.10% | 14.36% | -8.88% | 19.11% | 7.47% | 23.13% | -5.14% | 26.19% |
Correlation
The correlation between RYMKX and RYDAX is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.76 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.78 |
The correlation between RYMKX and RYDAX has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.
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Return for Risk
RYMKX vs. RYDAX — Risk / Return Rank
RYMKX
RYDAX
RYMKX vs. RYDAX - 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 Dow Jones Industrial Average Fund (RYDAX). 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 | RYDAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.25 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | 1.78 | +0.93 |
| Martin ratioReturn relative to average drawdown | 9.36 | 6.73 | +2.64 |
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Drawdowns
RYMKX vs. RYDAX - Drawdown Comparison
The maximum RYMKX drawdown since its inception was -77.57%, which is greater than RYDAX's maximum drawdown of -37.34%. Use the drawdown chart below to compare losses from any high point for RYMKX and RYDAX.
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Drawdown Indicators
| RYMKX | RYDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.57% | -37.34% | -40.23% |
Max Drawdown (1Y)Largest decline over 1 year | -16.96% | -9.86% | -7.10% |
Max Drawdown (3Y)Largest decline over 3 years | -39.72% | -16.50% | -23.22% |
Max Drawdown (5Y)Largest decline over 5 years | -63.65% | -22.12% | -41.53% |
Max Drawdown (10Y)Largest decline over 10 years | -63.65% | -37.34% | -26.31% |
Current DrawdownCurrent decline from peak | -21.14% | -1.68% | -19.46% |
Average DrawdownAverage peak-to-trough decline | -23.34% | -4.29% | -19.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.91% | 2.61% | +2.30% |
Volatility
RYMKX vs. RYDAX - Volatility Comparison
Rydex Russell 2000 1.5x Strategy Fund (RYMKX) has a higher volatility of 5.74% compared to Rydex Dow Jones Industrial Average Fund (RYDAX) at 3.74%. This indicates that RYMKX's price experiences larger fluctuations and is considered to be riskier than RYDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYMKX | RYDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.74% | 3.74% | +2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 21.19% | 9.86% | +11.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.11% | 12.57% | +16.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.40% | 14.87% | +30.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.13% | 17.60% | +23.53% |
RYMKX vs. RYDAX - Expense Ratio Comparison
RYMKX has a 1.69% expense ratio, which is higher than RYDAX's 1.58% expense ratio.
Dividends
RYMKX vs. RYDAX - Dividend Comparison
RYMKX's dividend yield for the trailing twelve months is around 0.66%, more than RYDAX's 0.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYDAX Rydex Dow Jones Industrial Average Fund | 0.35% | 0.38% | 1.73% | 0.75% | 3.17% | 1.22% | 4.87% | 4.02% | 1.25% | 3.70% | 0.56% | 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 RYDAX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYMKX has higher volatility (5.74%) compared to RYDAX (3.74%). In terms of maximum drawdown, RYMKX dropped -77.57% vs RYDAX's -37.34%.
RYMKX currently has the higher Sharpe Ratio (1.58 vs 1.40), 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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