RYOCX vs. RMQAX
Compare and contrast key facts about Rydex NASDAQ-100 Fund Investor Class (RYOCX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX).
RYOCX is a passively managed fund by Guggenheim that tracks the performance of the NASDAQ-100 Index. It was launched on Feb 14, 1994. RMQAX is managed by Rydex Funds. It was launched on Nov 27, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYOCX or RMQAX.
Correlation
The correlation between RYOCX and RMQAX is 0.99, 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. RMQAX - Performance Comparison
Key characteristics
RYOCX:
-0.16
RMQAX:
-0.04
RYOCX:
-0.05
RMQAX:
0.39
RYOCX:
0.99
RMQAX:
1.06
RYOCX:
-0.16
RMQAX:
-0.04
RYOCX:
-0.50
RMQAX:
-0.11
RYOCX:
8.28%
RMQAX:
18.75%
RYOCX:
26.05%
RMQAX:
59.94%
RYOCX:
-83.62%
RMQAX:
-63.18%
RYOCX:
-21.81%
RMQAX:
-45.15%
Returns By Period
In the year-to-date period, RYOCX achieves a -13.29% return, which is significantly higher than RMQAX's -26.59% return. Over the past 10 years, RYOCX has underperformed RMQAX with an annualized return of 14.02%, while RMQAX has yielded a comparatively higher 25.46% annualized return.
RYOCX
-13.29%
-7.31%
-16.31%
-0.34%
13.85%
14.02%
RMQAX
-26.59%
-14.94%
-22.77%
6.30%
24.61%
25.46%
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RYOCX vs. RMQAX - Expense Ratio Comparison
RYOCX has a 1.24% expense ratio, which is lower than RMQAX's 1.32% expense ratio.
Risk-Adjusted Performance
RYOCX vs. RMQAX — Risk-Adjusted Performance Rank
RYOCX
RMQAX
RYOCX vs. RMQAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex NASDAQ-100 Fund Investor Class (RYOCX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX). 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. RMQAX - Dividend Comparison
RYOCX has not paid dividends to shareholders, while RMQAX's dividend yield for the trailing twelve months is around 35.44%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYOCX Rydex NASDAQ-100 Fund Investor Class | 0.00% | 0.00% | 0.00% | 8.82% | 4.47% | 4.17% | 1.90% | 1.86% | 6.00% | 1.75% | 2.01% | 1.54% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 35.44% | 26.02% | 3.76% | 0.00% | 2.18% | 5.30% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RYOCX vs. RMQAX - Drawdown Comparison
The maximum RYOCX drawdown since its inception was -83.62%, which is greater than RMQAX's maximum drawdown of -63.18%. Use the drawdown chart below to compare losses from any high point for RYOCX and RMQAX. For additional features, visit the drawdowns tool.
Volatility
RYOCX vs. RMQAX - Volatility Comparison
The current volatility for Rydex NASDAQ-100 Fund Investor Class (RYOCX) is 16.16%, while Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) has a volatility of 34.27%. This indicates that RYOCX experiences smaller price fluctuations and is considered to be less risky than RMQAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.