RYOIX vs. PHSTX
RYOIX (Rydex Biotechnology Fund) and PHSTX (Putnam Global Health Care Fund) are both Health & Biotech Equities funds. Over the past 10 years, RYOIX returned 9.33%/yr vs 9.06%/yr for PHSTX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. RYOIX charges 1.36%/yr vs 1.05%/yr for PHSTX.
Performance
RYOIX vs. PHSTX - Performance Comparison
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Returns By Period
In the year-to-date period, RYOIX achieves a 18.33% return, which is significantly higher than PHSTX's 4.28% return. Both investments have delivered pretty close results over the past 10 years, with RYOIX having a 9.33% annualized return and PHSTX not far behind at 9.06%.
RYOIX
- 1D
- 0.50%
- 1M
- -3.93%
- 6M
- 15.89%
- YTD
- 18.33%
- 1Y
- 50.09%
- 3Y*
- 18.00%
- 5Y*
- 6.19%
- 10Y*
- 9.33%
- ALL TIME*
- 10.91%
PHSTX
- 1D
- -1.29%
- 1M
- -2.86%
- 6M
- 3.48%
- YTD
- 4.28%
- 1Y
- 24.55%
- 3Y*
- 9.10%
- 5Y*
- 6.51%
- 10Y*
- 9.06%
- ALL TIME*
- 10.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
RYOIX vs. PHSTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYOIX Rydex Biotechnology Fund | 18.33% | 30.62% | -0.95% | 6.06% | -13.04% | 2.05% | 21.94% | 30.69% | -8.94% | 29.68% |
PHSTX Putnam Global Health Care Fund | 4.28% | 15.20% | 1.35% | 9.11% | -4.88% | 19.60% | 15.94% | 30.26% | -0.76% | 15.30% |
Correlation
The correlation between RYOIX and PHSTX is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.71 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | 0.79 |
The correlation between RYOIX and PHSTX has been stable across timeframes, ranging from 0.71 to 0.79 - a consistent structural relationship.
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Return for Risk
RYOIX vs. PHSTX — Risk / Return Rank
RYOIX
PHSTX
RYOIX vs. PHSTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Biotechnology Fund (RYOIX) and Putnam Global Health Care Fund (PHSTX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RYOIX | PHSTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.97 | ||
| Sortino ratioReturn per unit of downside risk | +1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.27 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 5.92 | 2.43 | +3.49 |
| Martin ratioReturn relative to average drawdown | 19.14 | 5.91 | +13.23 |
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Drawdowns
RYOIX vs. PHSTX - Drawdown Comparison
The maximum RYOIX drawdown since its inception was -74.43%, which is greater than PHSTX's maximum drawdown of -45.51%. Use the drawdown chart below to compare losses from any high point for RYOIX and PHSTX.
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Drawdown Indicators
| RYOIX | PHSTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.43% | -45.51% | -28.92% |
Max Drawdown (1Y)Largest decline over 1 year | -8.43% | -9.71% | +1.28% |
Max Drawdown (3Y)Largest decline over 3 years | -23.47% | -20.71% | -2.76% |
Max Drawdown (5Y)Largest decline over 5 years | -33.66% | -20.71% | -12.95% |
Max Drawdown (10Y)Largest decline over 10 years | -33.66% | -25.51% | -8.15% |
Current DrawdownCurrent decline from peak | -4.80% | -3.05% | -1.75% |
Average DrawdownAverage peak-to-trough decline | -27.49% | -9.90% | -17.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 3.98% | -1.38% |
Volatility
RYOIX vs. PHSTX - Volatility Comparison
Rydex Biotechnology Fund (RYOIX) and Putnam Global Health Care Fund (PHSTX) have volatilities of 5.73% and 5.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYOIX | PHSTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.73% | 5.60% | +0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 15.28% | 11.63% | +3.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.84% | 15.20% | +4.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.32% | 14.74% | +6.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.13% | 15.81% | +7.32% |
RYOIX vs. PHSTX - Expense Ratio Comparison
RYOIX has a 1.36% expense ratio, which is higher than PHSTX's 1.05% expense ratio.
Dividends
RYOIX vs. PHSTX - Dividend Comparison
RYOIX's dividend yield for the trailing twelve months is around 10.62%, more than PHSTX's 1.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHSTX Putnam Global Health Care Fund | 1.71% | 1.79% | 4.92% | 5.62% | 7.82% | 11.98% | 9.58% | 5.72% | 6.82% | 17.31% | 10.65% | 13.06% |
RYOIX Rydex Biotechnology Fund | 10.62% | 12.57% | 14.61% | 0.00% | 1.29% | 19.39% | 7.28% | 8.58% | 14.11% | 5.38% | 0.00% | 1.45% |
Frequently Asked Questions
RYOIX and PHSTX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYOIX has higher volatility (5.73%) compared to PHSTX (5.60%). In terms of maximum drawdown, RYOIX dropped -74.43% vs PHSTX's -45.51%.
RYOIX currently has the higher Sharpe Ratio (2.52 vs 1.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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