RYPMX vs. RYGRX

Last updated Jun 24, 2026

RYPMX (Rydex Precious Metals Fund) and RYGRX (Rydex S&P 500 Pure Growth Fund) are both mutual funds - RYPMX is a Precious Metals fund managed by Rydex Funds, while RYGRX is a Large Cap Growth Equities fund managed by Rydex Funds. Over the past 10 years, RYPMX returned 13.12%/yr vs 14.07%/yr for RYGRX. At a 0.31 correlation, their price movements are largely independent. RYPMX charges 1.26%/yr vs 2.26%/yr for RYGRX.

Performance

RYPMX vs. RYGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Precious Metals Fund (RYPMX) and Rydex S&P 500 Pure Growth Fund (RYGRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RYPMX achieves a -1.56% return, which is significantly lower than RYGRX's 35.24% return. Over the past 10 years, RYPMX has underperformed RYGRX with an annualized return of 13.12%, while RYGRX has yielded a comparatively higher 14.07% annualized return.

RYPMX

• 1D: -1.84%
• 1M: -4.15%
• YTD: -1.56%
• 6M: -6.63%
• 1Y: 62.48%
• 3Y*: 41.76%
• 5Y*: 18.53%
• 10Y*: 13.12%

RYGRX

• 1D: 1.49%
• 1M: 10.34%
• YTD: 35.24%
• 6M: 32.32%
• 1Y: 42.19%
• 3Y*: 27.04%
• 5Y*: 10.59%
• 10Y*: 14.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RYPMX vs. RYGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYPMX Rydex Precious Metals Fund	-1.56%	148.94%	10.14%	4.24%	-10.57%	-8.96%	34.25%	52.91%	-16.56%	7.04%
RYGRX Rydex S&P 500 Pure Growth Fund	35.24%	11.00%	25.73%	5.80%	-28.71%	26.61%	26.34%	34.13%	-6.28%	23.74%

Correlation

The correlation between RYPMX and RYGRX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Jan 3, 2005	0.31

The correlation between RYPMX and RYGRX shifts across timeframes, from 0.25 (10 years) to 0.41 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

RYPMX vs. RYGRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RYPMX

RYPMX Risk / Return Rank: 24
RYPMX Sharpe Ratio Rank: 26
RYPMX Sortino Ratio Rank: 21
RYPMX Omega Ratio Rank: 26
RYPMX Calmar Ratio Rank: 28
RYPMX Martin Ratio Rank: 21

RYGRX

RYGRX Risk / Return Rank: 66
RYGRX Sharpe Ratio Rank: 56
RYGRX Sortino Ratio Rank: 51
RYGRX Omega Ratio Rank: 50
RYGRX Calmar Ratio Rank: 87
RYGRX Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RYPMX vs. RYGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Precious Metals Fund (RYPMX) and Rydex S&P 500 Pure Growth Fund (RYGRX). 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.

	RYPMX	RYGRX	Difference
Sharpe ratio: Return per unit of total volatility	1.36	2.05	-0.69
Sortino ratio: Return per unit of downside risk	1.77	2.75	-0.99
Omega ratio: Gain probability vs. loss probability	1.24	1.36	-0.11
Calmar ratio: Return relative to maximum drawdown	1.85	3.96	-2.11
Martin ratio: Return relative to average drawdown	4.85	14.75	-9.89

RYPMX vs. RYGRX - Sharpe Ratio Comparison

The current RYPMX Sharpe Ratio is 1.36, which is lower than the RYGRX Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of RYPMX and RYGRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RYPMX vs. RYGRX - Drawdown Comparison

The maximum RYPMX drawdown since its inception was -81.25%, which is greater than RYGRX's maximum drawdown of -54.22%. Use the drawdown chart below to compare losses from any high point for RYPMX and RYGRX.

Drawdown Indicators

	RYPMX	RYGRX	Difference
Max Drawdown Largest peak-to-trough decline	-81.25%	-54.22%	-27.03%
Max Drawdown (1Y) Largest decline over 1 year	-35.22%	-11.17%	-24.05%
Max Drawdown (3Y) Largest decline over 3 years	-35.22%	-24.95%	-10.27%
Max Drawdown (5Y) Largest decline over 5 years	-46.46%	-36.57%	-9.89%
Max Drawdown (10Y) Largest decline over 10 years	-47.81%	-36.63%	-11.18%
Current Drawdown Current decline from peak	-28.65%	0.00%	-28.65%
Average Drawdown Average peak-to-trough decline	-40.35%	-9.39%	-30.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.38%	2.99%	+10.39%

Volatility

RYPMX vs. RYGRX - Volatility Comparison

Rydex Precious Metals Fund (RYPMX) has a higher volatility of 16.76% compared to Rydex S&P 500 Pure Growth Fund (RYGRX) at 9.88%. This indicates that RYPMX's price experiences larger fluctuations and is considered to be riskier than RYGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYPMX	RYGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.76%	9.88%	+6.88%
Volatility (6M) Calculated over the trailing 6-month period	39.88%	18.39%	+21.49%
Volatility (1Y) Calculated over the trailing 1-year period	47.79%	21.58%	+26.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.35%	23.83%	+13.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.25%	23.05%	+14.20%

RYPMX vs. RYGRX - Expense Ratio Comparison

RYPMX has a 1.26% expense ratio, which is lower than RYGRX's 2.26% expense ratio.

Dividends

RYPMX vs. RYGRX - Dividend Comparison

RYPMX's dividend yield for the trailing twelve months is around 3.05%, less than RYGRX's 3.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RYGRX Rydex S&P 500 Pure Growth Fund	3.76%	5.09%	0.00%	0.00%	0.00%	2.81%	4.43%	12.10%	7.15%	6.26%	0.05%	2.96%
RYPMX Rydex Precious Metals Fund	3.05%	3.01%	0.00%	3.51%	7.15%	6.39%	1.06%	2.08%	1.35%	5.53%	4.04%	0.58%

Frequently Asked Questions

Can I hold both RYPMX and RYGRX in my portfolio?

RYPMX and RYGRX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYPMX or RYGRX?

RYPMX has higher volatility (16.76%) compared to RYGRX (9.88%). In terms of maximum drawdown, RYPMX dropped -81.25% vs RYGRX's -54.22%.

Which has better risk-adjusted returns?

RYGRX currently has the higher Sharpe Ratio (2.05 vs 1.36), 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.