RYPMX vs. RYRIX

Last updated Jun 4, 2026

RYPMX (Rydex Precious Metals Fund) and RYRIX (Rydex Retailing Fund) are both mutual funds - RYPMX is a Precious Metals fund managed by Rydex Funds, while RYRIX is a Consumer Discretionary Equities fund managed by Rydex Funds. Over the past 10 years, RYPMX returned 14.77%/yr vs 9.20%/yr for RYRIX. At a 0.16 correlation, their price movements are largely independent. RYPMX charges 1.26%/yr vs 1.40%/yr for RYRIX.

Performance

RYPMX vs. RYRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Precious Metals Fund (RYPMX) and Rydex Retailing Fund (RYRIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RYPMX achieves a 7.46% return, which is significantly higher than RYRIX's -3.60% return. Over the past 10 years, RYPMX has outperformed RYRIX with an annualized return of 14.77%, while RYRIX has yielded a comparatively lower 9.20% annualized return.

RYPMX

• 1D: 1.28%
• 1M: 5.36%
• YTD: 7.46%
• 6M: 14.86%
• 1Y: 80.72%
• 3Y*: 43.06%
• 5Y*: 17.92%
• 10Y*: 14.77%

RYRIX

• 1D: -0.28%
• 1M: -3.03%
• YTD: -3.60%
• 6M: -4.51%
• 1Y: 2.41%
• 3Y*: 11.76%
• 5Y*: 1.49%
• 10Y*: 9.20%

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

RYPMX vs. RYRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYPMX Rydex Precious Metals Fund	7.46%	148.94%	10.14%	4.24%	-10.57%	-8.96%	34.25%	52.91%	-16.56%	7.04%
RYRIX Rydex Retailing Fund	-3.60%	9.71%	15.87%	17.11%	-25.91%	12.25%	44.72%	25.44%	-3.10%	12.82%

Correlation

The correlation between RYPMX and RYRIX is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.20
Correlation (All Time) Calculated using the full available price history since Jan 5, 1999	0.16

The correlation between RYPMX and RYRIX shifts across timeframes, from 0.16 (all time) to 0.30 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

RYPMX vs. RYRIX — Risk / Return Rank

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

RYPMX

RYPMX Risk / Return Rank: 34
RYPMX Sharpe Ratio Rank: 38
RYPMX Sortino Ratio Rank: 26
RYPMX Omega Ratio Rank: 33
RYPMX Calmar Ratio Rank: 47
RYPMX Martin Ratio Rank: 29

RYRIX

RYRIX Risk / Return Rank: 4
RYRIX Sharpe Ratio Rank: 4
RYRIX Sortino Ratio Rank: 4
RYRIX Omega Ratio Rank: 4
RYRIX Calmar Ratio Rank: 4
RYRIX Martin Ratio Rank: 4

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. RYRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Precious Metals Fund (RYPMX) and Rydex Retailing Fund (RYRIX). 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.

	RYPMX	RYRIX	Difference
Sharpe ratio Return per unit of total volatility	1.77	0.24	+1.53
Sortino ratio Return per unit of downside risk	2.11	0.47	+1.64
Omega ratio Gain probability vs. loss probability	1.30	1.05	+0.25
Calmar ratio Return relative to maximum drawdown	2.61	0.28	+2.33
Martin ratio Return relative to average drawdown	6.87	0.72	+6.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYPMX vs. RYRIX - Sharpe Ratio Comparison

The current RYPMX Sharpe Ratio is 1.77, which is higher than the RYRIX Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of RYPMX and RYRIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RYPMX	RYRIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	0.24	+1.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.07	+0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	0.44	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.27	-0.19

Drawdowns

RYPMX vs. RYRIX - Drawdown Comparison

The maximum RYPMX drawdown since its inception was -81.25%, which is greater than RYRIX's maximum drawdown of -58.26%. Use the drawdown chart below to compare losses from any high point for RYPMX and RYRIX.

Drawdown Indicators

	RYPMX	RYRIX	Difference
Max Drawdown Largest peak-to-trough decline	-81.25%	-58.26%	-22.99%
Max Drawdown (1Y) Largest decline over 1 year	-30.86%	-13.35%	-17.51%
Max Drawdown (3Y) Largest decline over 3 years	-30.86%	-19.22%	-11.64%
Max Drawdown (5Y) Largest decline over 5 years	-46.46%	-38.37%	-8.09%
Max Drawdown (10Y) Largest decline over 10 years	-47.81%	-38.37%	-9.44%
Current Drawdown Current decline from peak	-22.11%	-10.04%	-12.07%
Average Drawdown Average peak-to-trough decline	-40.37%	-13.92%	-26.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.71%	5.24%	+6.47%

Volatility

RYPMX vs. RYRIX - Volatility Comparison

Rydex Precious Metals Fund (RYPMX) has a higher volatility of 15.04% compared to Rydex Retailing Fund (RYRIX) at 4.89%. This indicates that RYPMX's price experiences larger fluctuations and is considered to be riskier than RYRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYPMX	RYRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.04%	4.89%	+10.15%
Volatility (6M) Calculated over the trailing 6-month period	37.48%	11.47%	+26.01%
Volatility (1Y) Calculated over the trailing 1-year period	45.86%	15.67%	+30.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.93%	21.54%	+15.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.03%	20.89%	+16.14%

RYPMX vs. RYRIX - Expense Ratio Comparison

RYPMX has a 1.26% expense ratio, which is lower than RYRIX's 1.40% expense ratio.

Dividends

RYPMX vs. RYRIX - Dividend Comparison

RYPMX's dividend yield for the trailing twelve months is around 2.80%, more than RYRIX's 1.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RYPMX Rydex Precious Metals Fund	2.80%	3.01%	0.00%	3.51%	7.15%	6.39%	1.06%	2.08%	1.35%	5.53%	4.04%	0.58%
RYRIX Rydex Retailing Fund	1.76%	1.69%	0.00%	0.00%	0.00%	8.83%	0.00%	0.00%	0.15%	0.00%	0.00%	0.08%

Frequently Asked Questions

Can I hold both RYPMX and RYRIX in my portfolio?

RYPMX and RYRIX have a correlation of 0.26, 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 RYRIX?

RYPMX has higher volatility (15.04%) compared to RYRIX (4.89%). In terms of maximum drawdown, RYPMX dropped -81.25% vs RYRIX's -58.26%.

Which has better risk-adjusted returns?

RYPMX currently has the higher Sharpe Ratio (1.77 vs 0.24), 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.