RYOCX vs. GIOIX
Compare and contrast key facts about Rydex NASDAQ-100 Fund Investor Class (RYOCX) and Guggenheim Macro Opportunities Fund (GIOIX).
RYOCX is a passively managed fund by Guggenheim that tracks the performance of the NASDAQ-100 Index. It was launched on Feb 14, 1994. GIOIX is an actively managed fund by Guggenheim. It was launched on Nov 29, 2011.
Performance
RYOCX vs. GIOIX - Performance Comparison
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RYOCX vs. GIOIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYOCX Rydex NASDAQ-100 Fund Investor Class | -9.21% | 19.51% | 24.34% | 53.31% | -33.34% | 25.85% | 46.80% | 40.33% | -1.36% | 31.20% |
GIOIX Guggenheim Macro Opportunities Fund | -1.19% | 7.64% | 7.78% | 9.69% | -9.57% | 1.71% | 11.09% | 2.25% | 0.46% | 5.32% |
Returns By Period
In the year-to-date period, RYOCX achieves a -9.21% return, which is significantly lower than GIOIX's -1.19% return. Over the past 10 years, RYOCX has outperformed GIOIX with an annualized return of 17.39%, while GIOIX has yielded a comparatively lower 4.37% annualized return.
RYOCX
- 1D
- -0.76%
- 1M
- -8.06%
- YTD
- -9.21%
- 6M
- -7.26%
- 1Y
- 18.41%
- 3Y*
- 19.76%
- 5Y*
- 11.33%
- 10Y*
- 17.39%
GIOIX
- 1D
- 0.20%
- 1M
- -1.92%
- YTD
- -1.19%
- 6M
- 0.35%
- 1Y
- 4.78%
- 3Y*
- 6.88%
- 5Y*
- 3.05%
- 10Y*
- 4.37%
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RYOCX vs. GIOIX - Expense Ratio Comparison
RYOCX has a 1.24% expense ratio, which is higher than GIOIX's 0.96% expense ratio.
Return for Risk
RYOCX vs. GIOIX — Risk / Return Rank
RYOCX
GIOIX
RYOCX vs. GIOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex NASDAQ-100 Fund Investor Class (RYOCX) and Guggenheim Macro Opportunities Fund (GIOIX). 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.
| RYOCX | GIOIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.82 | 2.15 | -1.33 |
Sortino ratioReturn per unit of downside risk | 1.32 | 3.55 | -2.23 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.51 | -0.33 |
Calmar ratioReturn relative to maximum drawdown | 1.20 | 2.41 | -1.21 |
Martin ratioReturn relative to average drawdown | 4.41 | 10.54 | -6.13 |
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
| RYOCX | GIOIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 2.15 | -1.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.98 | -0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 1.53 | -0.76 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 1.70 | -1.19 |
Correlation
The correlation between RYOCX and GIOIX is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
RYOCX vs. GIOIX - Dividend Comparison
RYOCX's dividend yield for the trailing twelve months is around 4.71%, less than GIOIX's 5.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYOCX Rydex NASDAQ-100 Fund Investor Class | 4.71% | 4.28% | 7.23% | 0.00% | 8.82% | 4.47% | 4.17% | 3.80% | 1.86% | 6.00% | 1.75% | 2.03% |
GIOIX Guggenheim Macro Opportunities Fund | 5.61% | 5.86% | 5.88% | 6.45% | 3.78% | 3.10% | 3.61% | 3.29% | 3.55% | 3.54% | 5.38% | 5.82% |
Drawdowns
RYOCX vs. GIOIX - Drawdown Comparison
The maximum RYOCX drawdown since its inception was -83.75%, which is greater than GIOIX's maximum drawdown of -13.38%. Use the drawdown chart below to compare losses from any high point for RYOCX and GIOIX.
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Drawdown Indicators
| RYOCX | GIOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.75% | -13.38% | -70.37% |
Max Drawdown (1Y)Largest decline over 1 year | -12.75% | -2.12% | -10.63% |
Max Drawdown (5Y)Largest decline over 5 years | -38.04% | -13.38% | -24.66% |
Max Drawdown (10Y)Largest decline over 10 years | -38.04% | -13.38% | -24.66% |
Current DrawdownCurrent decline from peak | -12.31% | -1.92% | -10.39% |
Average DrawdownAverage peak-to-trough decline | -32.05% | -1.43% | -30.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 0.49% | +2.98% |
Volatility
RYOCX vs. GIOIX - Volatility Comparison
Rydex NASDAQ-100 Fund Investor Class (RYOCX) has a higher volatility of 5.40% compared to Guggenheim Macro Opportunities Fund (GIOIX) at 0.92%. This indicates that RYOCX's price experiences larger fluctuations and is considered to be riskier than GIOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYOCX | GIOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.40% | 0.92% | +4.48% |
Volatility (6M)Calculated over the trailing 6-month period | 12.43% | 1.60% | +10.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.54% | 2.43% | +20.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.75% | 3.14% | +19.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.55% | 2.87% | +19.68% |