RYNVX vs. VOO
Compare and contrast key facts about Rydex Nova Fund (RYNVX) and Vanguard S&P 500 ETF (VOO).
RYNVX is managed by Rydex Funds. It was launched on Jul 11, 1993. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYNVX or VOO.
Key characteristics
| RYNVX | VOO | |
|---|---|---|
| YTD Return | 35.91% | 26.13% |
| 1Y Return | 47.82% | 33.91% |
| 3Y Return (Ann) | -0.39% | 9.98% |
| 5Y Return (Ann) | 11.64% | 15.61% |
| 10Y Return (Ann) | 12.29% | 13.33% |
| Sharpe Ratio | 2.65 | 2.82 |
| Sortino Ratio | 3.37 | 3.76 |
| Omega Ratio | 1.47 | 1.53 |
| Calmar Ratio | 1.43 | 4.05 |
| Martin Ratio | 16.38 | 18.48 |
| Ulcer Index | 2.94% | 1.85% |
| Daily Std Dev | 18.20% | 12.12% |
| Max Drawdown | -76.54% | -33.99% |
| Current Drawdown | -1.89% | -0.88% |
Correlation
The correlation between RYNVX and VOO is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
RYNVX vs. VOO - Performance Comparison
In the year-to-date period, RYNVX achieves a 35.91% return, which is significantly higher than VOO's 26.13% return. Over the past 10 years, RYNVX has underperformed VOO with an annualized return of 12.29%, while VOO has yielded a comparatively higher 13.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RYNVX vs. VOO - Expense Ratio Comparison
RYNVX has a 1.23% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
RYNVX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Nova Fund (RYNVX) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
RYNVX vs. VOO - Dividend Comparison
RYNVX's dividend yield for the trailing twelve months is around 0.44%, less than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYNVX Rydex Nova Fund | 0.44% | 0.59% | 0.00% | 0.00% | 0.53% | 0.00% | 0.00% | 0.03% | 0.04% | 0.13% | 0.10% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
RYNVX vs. VOO - Drawdown Comparison
The maximum RYNVX drawdown since its inception was -76.54%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RYNVX and VOO. For additional features, visit the drawdowns tool.
Volatility
RYNVX vs. VOO - Volatility Comparison
Rydex Nova Fund (RYNVX) has a higher volatility of 5.67% compared to Vanguard S&P 500 ETF (VOO) at 3.84%. This indicates that RYNVX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.