RYMQX vs. IDAP.L
RYMQX (Guggenheim Series Multi-Hedge Strategies Fund) and IDAP.L (iShares Asia Pacific Dividend UCITS) are both funds - RYMQX is a Multistrategy fund managed by Guggenheim, while IDAP.L is a Asia Pacific Equities fund tracking the MSCI AC Asia Pacific NR USD. Over the past 10 years, RYMQX returned 2.20%/yr vs 7.15%/yr for IDAP.L. At a 0.14 correlation, their price movements are largely independent. RYMQX charges 1.76%/yr vs 0.59%/yr for IDAP.L.
Performance
RYMQX vs. IDAP.L - Performance Comparison
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Returns By Period
In the year-to-date period, RYMQX achieves a 5.34% return, which is significantly lower than IDAP.L's 12.85% return. Over the past 10 years, RYMQX has underperformed IDAP.L with an annualized return of 2.20%, while IDAP.L has yielded a comparatively higher 7.15% annualized return.
RYMQX
- 1D
- 0.08%
- 1M
- 1.13%
- YTD
- 5.34%
- 6M
- 6.32%
- 1Y
- 9.17%
- 3Y*
- 1.76%
- 5Y*
- 0.28%
- 10Y*
- 2.20%
IDAP.L
- 1D
- -0.38%
- 1M
- -0.35%
- YTD
- 12.85%
- 6M
- 13.89%
- 1Y
- 38.26%
- 3Y*
- 21.67%
- 5Y*
- 9.72%
- 10Y*
- 7.15%
RYMQX vs. IDAP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYMQX Guggenheim Series Multi-Hedge Strategies Fund | 5.34% | 1.58% | -3.59% | 4.26% | -3.47% | 7.17% | 7.40% | 4.79% | -4.66% | 3.49% |
IDAP.L iShares Asia Pacific Dividend UCITS | 12.85% | 29.69% | 6.18% | 13.48% | -1.96% | 3.39% | -9.38% | 13.90% | -15.23% | 17.00% |
Correlation
The correlation between RYMQX and IDAP.L is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2006 | 0.14 |
Over the past year, RYMQX and IDAP.L have become more correlated (0.37) than their long-term average of 0.14, meaning their price movements have been converging.
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Return for Risk
RYMQX vs. IDAP.L — Risk / Return Rank
RYMQX
IDAP.L
RYMQX vs. IDAP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Series Multi-Hedge Strategies Fund (RYMQX) and iShares Asia Pacific Dividend UCITS (IDAP.L). 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.
| RYMQX | IDAP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.52 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.02 | 4.34 | -0.32 |
| Martin ratioReturn relative to average drawdown | 13.76 | 16.72 | -2.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RYMQX | IDAP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.18 | 2.95 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.66 | -0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.43 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.24 | -0.04 |
Drawdowns
RYMQX vs. IDAP.L - Drawdown Comparison
The maximum RYMQX drawdown since its inception was -29.13%, smaller than the maximum IDAP.L drawdown of -69.37%. Use the drawdown chart below to compare losses from any high point for RYMQX and IDAP.L.
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Drawdown Indicators
| RYMQX | IDAP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.13% | -69.37% | +40.24% |
Max Drawdown (1Y)Largest decline over 1 year | -2.22% | -8.77% | +6.55% |
Max Drawdown (3Y)Largest decline over 3 years | -13.98% | -18.62% | +4.64% |
Max Drawdown (5Y)Largest decline over 5 years | -13.98% | -25.37% | +11.39% |
Max Drawdown (10Y)Largest decline over 10 years | -13.98% | -45.71% | +31.73% |
Current DrawdownCurrent decline from peak | -2.23% | -3.01% | +0.78% |
Average DrawdownAverage peak-to-trough decline | -8.88% | -11.15% | +2.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 2.28% | -1.63% |
Volatility
RYMQX vs. IDAP.L - Volatility Comparison
The current volatility for Guggenheim Series Multi-Hedge Strategies Fund (RYMQX) is 0.67%, while iShares Asia Pacific Dividend UCITS (IDAP.L) has a volatility of 4.29%. This indicates that RYMQX experiences smaller price fluctuations and is considered to be less risky than IDAP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYMQX | IDAP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.67% | 4.29% | -3.62% |
Volatility (6M)Calculated over the trailing 6-month period | 3.37% | 10.41% | -7.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.11% | 12.92% | -8.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.68% | 14.81% | -9.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.29% | 16.73% | -11.44% |
RYMQX vs. IDAP.L - Expense Ratio Comparison
RYMQX has a 1.76% expense ratio, which is higher than IDAP.L's 0.59% expense ratio.
Dividends
RYMQX vs. IDAP.L - Dividend Comparison
RYMQX's dividend yield for the trailing twelve months is around 9.62%, more than IDAP.L's 3.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDAP.L iShares Asia Pacific Dividend UCITS | 3.65% | 4.22% | 5.36% | 5.72% | 6.92% | 5.59% | 3.49% | 5.52% | 6.04% | 4.55% | 4.54% | 5.47% |
RYMQX Guggenheim Series Multi-Hedge Strategies Fund | 9.62% | 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 IDAP.L have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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