RYOIX vs. SHSSX
Compare and contrast key facts about Rydex Biotechnology Fund (RYOIX) and Health Sciences Opportunities Fund Class Institutional (SHSSX).
RYOIX is managed by Rydex Funds. It was launched on Mar 31, 1998. SHSSX is a passively managed fund by BlackRock that tracks the performance of the Russell 3000 HealthCare Index. It was launched on Oct 16, 2000.
Performance
RYOIX vs. SHSSX - Performance Comparison
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RYOIX vs. SHSSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYOIX Rydex Biotechnology Fund | -2.83% | 30.62% | -0.95% | 6.06% | -13.04% | 2.05% | 21.94% | 30.69% | -8.94% | 29.68% |
SHSSX Health Sciences Opportunities Fund Class Institutional | -6.87% | 16.13% | 4.00% | 3.86% | -5.72% | 12.17% | 19.54% | 25.63% | 8.24% | 25.02% |
Returns By Period
In the year-to-date period, RYOIX achieves a -2.83% return, which is significantly higher than SHSSX's -6.87% return. Over the past 10 years, RYOIX has underperformed SHSSX with an annualized return of 8.46%, while SHSSX has yielded a comparatively higher 9.97% annualized return.
RYOIX
- 1D
- 1.00%
- 1M
- -6.92%
- YTD
- -2.83%
- 6M
- 11.88%
- 1Y
- 28.65%
- 3Y*
- 10.88%
- 5Y*
- 3.74%
- 10Y*
- 8.46%
SHSSX
- 1D
- 0.31%
- 1M
- -9.09%
- YTD
- -6.87%
- 6M
- 4.09%
- 1Y
- 4.34%
- 3Y*
- 6.17%
- 5Y*
- 4.28%
- 10Y*
- 9.97%
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RYOIX vs. SHSSX - Expense Ratio Comparison
RYOIX has a 1.36% expense ratio, which is higher than SHSSX's 0.84% expense ratio.
Return for Risk
RYOIX vs. SHSSX — Risk / Return Rank
RYOIX
SHSSX
RYOIX vs. SHSSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Biotechnology Fund (RYOIX) and Health Sciences Opportunities Fund Class Institutional (SHSSX). 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.
| RYOIX | SHSSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 0.29 | +0.84 |
Sortino ratioReturn per unit of downside risk | 1.64 | 0.52 | +1.13 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.06 | +0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.71 | 0.43 | +1.28 |
Martin ratioReturn relative to average drawdown | 6.79 | 1.02 | +5.77 |
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
| RYOIX | SHSSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 0.29 | +0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.30 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.61 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.69 | -0.33 |
Correlation
The correlation between RYOIX and SHSSX is 0.84, 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
RYOIX vs. SHSSX - Dividend Comparison
RYOIX's dividend yield for the trailing twelve months is around 12.93%, more than SHSSX's 10.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYOIX Rydex Biotechnology Fund | 12.93% | 12.57% | 14.61% | 0.00% | 1.29% | 19.39% | 7.28% | 8.58% | 14.11% | 5.38% | 0.00% | 1.45% |
SHSSX Health Sciences Opportunities Fund Class Institutional | 10.63% | 9.90% | 8.68% | 3.82% | 7.20% | 8.96% | 4.18% | 3.87% | 8.44% | 3.59% | 2.33% | 12.29% |
Drawdowns
RYOIX vs. SHSSX - Drawdown Comparison
The maximum RYOIX drawdown since its inception was -74.43%, which is greater than SHSSX's maximum drawdown of -35.40%. Use the drawdown chart below to compare losses from any high point for RYOIX and SHSSX.
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Drawdown Indicators
| RYOIX | SHSSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.43% | -35.40% | -39.03% |
Max Drawdown (1Y)Largest decline over 1 year | -12.10% | -9.83% | -2.27% |
Max Drawdown (5Y)Largest decline over 5 years | -33.66% | -17.90% | -15.76% |
Max Drawdown (10Y)Largest decline over 10 years | -33.66% | -28.34% | -5.32% |
Current DrawdownCurrent decline from peak | -7.52% | -9.56% | +2.04% |
Average DrawdownAverage peak-to-trough decline | -27.81% | -5.98% | -21.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 4.17% | -0.52% |
Volatility
RYOIX vs. SHSSX - Volatility Comparison
Rydex Biotechnology Fund (RYOIX) has a higher volatility of 6.76% compared to Health Sciences Opportunities Fund Class Institutional (SHSSX) at 4.61%. This indicates that RYOIX's price experiences larger fluctuations and is considered to be riskier than SHSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYOIX | SHSSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.76% | 4.61% | +2.15% |
Volatility (6M)Calculated over the trailing 6-month period | 13.23% | 9.73% | +3.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.95% | 16.32% | +6.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.08% | 14.19% | +6.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.33% | 16.53% | +6.80% |