RYOCX vs. GOOG
Compare and contrast key facts about Rydex NASDAQ-100 Fund Investor Class (RYOCX) and Alphabet Inc. (GOOG).
RYOCX is a passively managed fund by Guggenheim that tracks the performance of the NASDAQ-100 Index. It was launched on Feb 14, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYOCX or GOOG.
Correlation
The correlation between RYOCX and GOOG is 0.77, 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
RYOCX vs. GOOG - Performance Comparison
Key characteristics
RYOCX:
0.92
GOOG:
1.42
RYOCX:
1.27
GOOG:
1.95
RYOCX:
1.18
GOOG:
1.26
RYOCX:
1.32
GOOG:
1.76
RYOCX:
4.58
GOOG:
4.31
RYOCX:
3.94%
GOOG:
9.07%
RYOCX:
19.57%
GOOG:
27.62%
RYOCX:
-83.62%
GOOG:
-44.60%
RYOCX:
-8.95%
GOOG:
-4.04%
Returns By Period
In the year-to-date period, RYOCX achieves a 17.37% return, which is significantly lower than GOOG's 35.41% return. Over the past 10 years, RYOCX has underperformed GOOG with an annualized return of 16.23%, while GOOG has yielded a comparatively higher 22.23% annualized return.
RYOCX
17.37%
-3.53%
-0.67%
17.43%
17.45%
16.23%
GOOG
35.41%
7.67%
8.03%
38.18%
23.19%
22.23%
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Risk-Adjusted Performance
RYOCX vs. GOOG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex NASDAQ-100 Fund Investor Class (RYOCX) and Alphabet Inc. (GOOG). 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
RYOCX vs. GOOG - Dividend Comparison
RYOCX has not paid dividends to shareholders, while GOOG's dividend yield for the trailing twelve months is around 0.32%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYOCX Rydex NASDAQ-100 Fund Investor Class | 0.00% | 0.00% | 8.82% | 4.47% | 4.17% | 1.90% | 1.86% | 6.00% | 1.75% | 2.01% | 1.54% | 9.52% |
GOOG Alphabet Inc. | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RYOCX vs. GOOG - Drawdown Comparison
The maximum RYOCX drawdown since its inception was -83.62%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for RYOCX and GOOG. For additional features, visit the drawdowns tool.
Volatility
RYOCX vs. GOOG - Volatility Comparison
The current volatility for Rydex NASDAQ-100 Fund Investor Class (RYOCX) is 9.40%, while Alphabet Inc. (GOOG) has a volatility of 11.30%. This indicates that RYOCX experiences smaller price fluctuations and is considered to be less risky than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.