RYOCX vs. IOLZX
Compare and contrast key facts about Rydex NASDAQ-100 Fund Investor Class (RYOCX) and ICON Equity Fund (IOLZX).
RYOCX is a passively managed fund by Guggenheim that tracks the performance of the NASDAQ-100 Index. It was launched on Feb 14, 1994. IOLZX is managed by ICON Funds. It was launched on Oct 17, 2002.
Performance
RYOCX vs. IOLZX - Performance Comparison
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RYOCX vs. IOLZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYOCX Rydex NASDAQ-100 Fund Investor Class | -6.11% | 19.51% | 24.34% | 53.31% | -33.34% | 25.85% | 46.80% | 40.33% | -1.36% | 31.20% |
IOLZX ICON Equity Fund | 2.04% | 15.81% | 16.87% | 12.13% | -17.78% | 26.72% | 16.00% | 38.22% | -16.69% | 26.78% |
Returns By Period
In the year-to-date period, RYOCX achieves a -6.11% return, which is significantly lower than IOLZX's 2.04% return. Over the past 10 years, RYOCX has outperformed IOLZX with an annualized return of 17.78%, while IOLZX has yielded a comparatively lower 12.17% annualized return.
RYOCX
- 1D
- 3.42%
- 1M
- -5.04%
- YTD
- -6.11%
- 6M
- -4.56%
- 1Y
- 21.46%
- 3Y*
- 21.11%
- 5Y*
- 11.68%
- 10Y*
- 17.78%
IOLZX
- 1D
- 3.78%
- 1M
- -4.73%
- YTD
- 2.04%
- 6M
- 4.94%
- 1Y
- 23.81%
- 3Y*
- 15.83%
- 5Y*
- 7.18%
- 10Y*
- 12.17%
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RYOCX vs. IOLZX - Expense Ratio Comparison
RYOCX has a 1.24% expense ratio, which is higher than IOLZX's 1.04% expense ratio.
Return for Risk
RYOCX vs. IOLZX — Risk / Return Rank
RYOCX
IOLZX
RYOCX vs. IOLZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex NASDAQ-100 Fund Investor Class (RYOCX) and ICON Equity Fund (IOLZX). 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 | IOLZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 1.02 | -0.03 |
Sortino ratioReturn per unit of downside risk | 1.56 | 1.52 | +0.04 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.76 | 1.54 | +0.22 |
Martin ratioReturn relative to average drawdown | 6.38 | 5.07 | +1.31 |
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 | IOLZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 1.02 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.34 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.55 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.36 | +0.16 |
Correlation
The correlation between RYOCX and IOLZX is 0.76, 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.
Dividends
RYOCX vs. IOLZX - Dividend Comparison
RYOCX's dividend yield for the trailing twelve months is around 4.56%, less than IOLZX's 10.48% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYOCX Rydex NASDAQ-100 Fund Investor Class | 4.56% | 4.28% | 7.23% | 0.00% | 8.82% | 4.47% | 4.17% | 3.80% | 1.86% | 6.00% | 1.75% | 2.03% |
IOLZX ICON Equity Fund | 10.48% | 10.69% | 22.21% | 4.75% | 18.57% | 14.12% | 0.00% | 3.46% | 1.60% | 0.00% | 0.00% | 0.00% |
Drawdowns
RYOCX vs. IOLZX - Drawdown Comparison
The maximum RYOCX drawdown since its inception was -83.75%, which is greater than IOLZX's maximum drawdown of -56.03%. Use the drawdown chart below to compare losses from any high point for RYOCX and IOLZX.
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Drawdown Indicators
| RYOCX | IOLZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.75% | -56.03% | -27.72% |
Max Drawdown (1Y)Largest decline over 1 year | -12.75% | -15.69% | +2.94% |
Max Drawdown (5Y)Largest decline over 5 years | -38.04% | -27.77% | -10.27% |
Max Drawdown (10Y)Largest decline over 10 years | -38.04% | -41.04% | +3.00% |
Current DrawdownCurrent decline from peak | -9.31% | -10.48% | +1.17% |
Average DrawdownAverage peak-to-trough decline | -32.05% | -12.71% | -19.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.52% | 4.76% | -1.24% |
Volatility
RYOCX vs. IOLZX - Volatility Comparison
The current volatility for Rydex NASDAQ-100 Fund Investor Class (RYOCX) is 6.57%, while ICON Equity Fund (IOLZX) has a volatility of 7.90%. This indicates that RYOCX experiences smaller price fluctuations and is considered to be less risky than IOLZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYOCX | IOLZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.57% | 7.90% | -1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 12.88% | 14.56% | -1.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.75% | 23.81% | -1.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.79% | 21.38% | +1.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.58% | 22.28% | +0.30% |