RYMQX vs. GILHX
RYMQX (Guggenheim Series Multi-Hedge Strategies Fund) and GILHX (Guggenheim Limited Duration Fund) are both mutual funds - RYMQX is a Multistrategy fund managed by Guggenheim, while GILHX is a Short-Term Bond fund managed by Guggenheim. Over the past 10 years, RYMQX returned 2.17%/yr vs 3.07%/yr for GILHX. At a correlation of -0.02, they often move in opposite directions. RYMQX charges 1.76%/yr vs 0.49%/yr for GILHX.
Performance
RYMQX vs. GILHX - Performance Comparison
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Returns By Period
In the year-to-date period, RYMQX achieves a 4.86% return, which is significantly higher than GILHX's 0.86% return. Over the past 10 years, RYMQX has underperformed GILHX with an annualized return of 2.17%, while GILHX has yielded a comparatively higher 3.07% annualized return.
RYMQX
- 1D
- -0.13%
- 1M
- -0.08%
- YTD
- 4.86%
- 6M
- 4.22%
- 1Y
- 8.80%
- 3Y*
- 1.48%
- 5Y*
- 0.48%
- 10Y*
- 2.17%
GILHX
- 1D
- 0.08%
- 1M
- 0.31%
- YTD
- 0.86%
- 6M
- 1.34%
- 1Y
- 4.18%
- 3Y*
- 5.83%
- 5Y*
- 2.99%
- 10Y*
- 3.07%
RYMQX vs. GILHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYMQX Guggenheim Series Multi-Hedge Strategies Fund | 4.86% | 1.58% | -3.59% | 4.26% | -3.47% | 7.17% | 7.40% | 4.79% | -4.66% | 3.49% |
GILHX Guggenheim Limited Duration Fund | 0.86% | 6.02% | 6.00% | 7.28% | -4.90% | 0.00% | 6.51% | 2.21% | 1.66% | 2.91% |
Correlation
The correlation between RYMQX and GILHX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | -0.02 |
The correlation between RYMQX and GILHX shifts across timeframes, from -0.09 (5 years) to 0.09 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RYMQX vs. GILHX — Risk / Return Rank
RYMQX
GILHX
RYMQX vs. GILHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Series Multi-Hedge Strategies Fund (RYMQX) and Guggenheim Limited Duration Fund (GILHX). 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.
| RYMQX | GILHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.56 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.00 | 3.76 | +0.23 |
| Martin ratioReturn relative to average drawdown | 13.55 | 16.40 | -2.85 |
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Drawdowns
RYMQX vs. GILHX - Drawdown Comparison
The maximum RYMQX drawdown since its inception was -29.13%, which is greater than GILHX's maximum drawdown of -8.10%. Use the drawdown chart below to compare losses from any high point for RYMQX and GILHX.
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Drawdown Indicators
| RYMQX | GILHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.13% | -8.10% | -21.03% |
Max Drawdown (1Y)Largest decline over 1 year | -2.22% | -1.13% | -1.09% |
Max Drawdown (3Y)Largest decline over 3 years | -13.98% | -1.13% | -12.85% |
Max Drawdown (5Y)Largest decline over 5 years | -13.98% | -8.10% | -5.88% |
Max Drawdown (10Y)Largest decline over 10 years | -13.98% | -8.10% | -5.88% |
Current DrawdownCurrent decline from peak | -2.68% | -0.20% | -2.48% |
Average DrawdownAverage peak-to-trough decline | -8.87% | -0.70% | -8.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 0.26% | +0.39% |
Volatility
RYMQX vs. GILHX - Volatility Comparison
Guggenheim Series Multi-Hedge Strategies Fund (RYMQX) has a higher volatility of 0.88% compared to Guggenheim Limited Duration Fund (GILHX) at 0.63%. This indicates that RYMQX's price experiences larger fluctuations and is considered to be riskier than GILHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYMQX | GILHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.88% | 0.63% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 3.31% | 1.38% | +1.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.13% | 1.88% | +2.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.64% | 2.24% | +3.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.29% | 1.85% | +3.44% |
RYMQX vs. GILHX - Expense Ratio Comparison
RYMQX has a 1.76% expense ratio, which is higher than GILHX's 0.49% expense ratio.
Dividends
RYMQX vs. GILHX - Dividend Comparison
RYMQX's dividend yield for the trailing twelve months is around 9.66%, more than GILHX's 4.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GILHX Guggenheim Limited Duration Fund | 4.57% | 4.43% | 4.38% | 4.31% | 2.05% | 1.79% | 2.25% | 2.31% | 2.35% | 2.39% | 3.07% | 3.54% |
RYMQX Guggenheim Series Multi-Hedge Strategies Fund | 9.66% | 10.13% | 2.89% | 3.12% | 1.67% | 0.78% | 1.03% | 2.10% | 0.16% | 0.00% | 0.15% | 0.00% |
Frequently Asked Questions
RYMQX and GILHX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYMQX has higher volatility (0.88%) compared to GILHX (0.63%). In terms of maximum drawdown, RYMQX dropped -29.13% vs GILHX's -8.10%.
GILHX currently has the higher Sharpe Ratio (2.27 vs 2.15), 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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