Correlation
The correlation between RYPMX and SPY is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
RYPMX vs. SPY
Compare and contrast key facts about Rydex Precious Metals Fund (RYPMX) and SPDR S&P 500 ETF (SPY).
RYPMX is managed by Rydex Funds. It was launched on Nov 30, 1993. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYPMX or SPY.
Performance
RYPMX vs. SPY - Performance Comparison
Loading data...
Key characteristics
RYPMX:
0.86
SPY:
0.70
RYPMX:
1.28
SPY:
1.02
RYPMX:
1.16
SPY:
1.15
RYPMX:
0.72
SPY:
0.68
RYPMX:
2.93
SPY:
2.57
RYPMX:
9.83%
SPY:
4.93%
RYPMX:
35.50%
SPY:
20.42%
RYPMX:
-81.25%
SPY:
-55.19%
RYPMX:
-14.62%
SPY:
-3.55%
Returns By Period
In the year-to-date period, RYPMX achieves a 39.90% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, RYPMX has underperformed SPY with an annualized return of 10.38%, while SPY has yielded a comparatively higher 12.73% annualized return.
RYPMX
39.90%
6.05%
27.14%
30.97%
14.88%
9.41%
10.38%
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RYPMX vs. SPY - Expense Ratio Comparison
RYPMX has a 1.26% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
RYPMX vs. SPY — Risk-Adjusted Performance Rank
RYPMX
SPY
RYPMX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Precious Metals Fund (RYPMX) and SPDR S&P 500 ETF (SPY). 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.
Loading data...
Dividends
RYPMX vs. SPY - Dividend Comparison
RYPMX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.22%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYPMX Rydex Precious Metals Fund | 0.00% | 0.00% | 3.51% | 7.15% | 6.39% | 1.06% | 2.08% | 1.35% | 5.54% | 4.04% | 0.58% | 3.05% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
RYPMX vs. SPY - Drawdown Comparison
The maximum RYPMX drawdown since its inception was -81.25%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for RYPMX and SPY.
Loading data...
Volatility
RYPMX vs. SPY - Volatility Comparison
Rydex Precious Metals Fund (RYPMX) has a higher volatility of 12.13% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that RYPMX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...