RYRIX vs. FSCPX

Last updated Jun 24, 2026

RYRIX (Rydex Retailing Fund) and FSCPX (Fidelity Select Consumer Discretionary Portfolio) are both Consumer Discretionary Equities funds. Over the past 10 years, RYRIX returned 9.55%/yr vs 12.50%/yr for FSCPX. Their correlation of 0.89 suggests significant overlap in exposure. RYRIX charges 1.40%/yr vs 0.76%/yr for FSCPX.

Performance

RYRIX vs. FSCPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Retailing Fund (RYRIX) and Fidelity Select Consumer Discretionary Portfolio (FSCPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RYRIX achieves a -3.58% return, which is significantly lower than FSCPX's -1.25% return. Over the past 10 years, RYRIX has underperformed FSCPX with an annualized return of 9.55%, while FSCPX has yielded a comparatively higher 12.50% annualized return.

RYRIX

• 1D: -1.56%
• 1M: -0.97%
• YTD: -3.58%
• 6M: -4.24%
• 1Y: 4.20%
• 3Y*: 10.52%
• 5Y*: 1.15%
• 10Y*: 9.55%

FSCPX

• 1D: -1.89%
• 1M: -1.71%
• YTD: -1.25%
• 6M: -3.27%
• 1Y: 12.44%
• 3Y*: 14.58%
• 5Y*: 5.59%
• 10Y*: 12.50%

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

RYRIX vs. FSCPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYRIX Rydex Retailing Fund	-3.58%	9.71%	15.87%	17.11%	-25.91%	12.25%	44.72%	25.44%	-3.10%	12.82%
FSCPX Fidelity Select Consumer Discretionary Portfolio	-1.25%	7.88%	24.56%	41.81%	-34.88%	19.23%	35.68%	27.06%	-1.03%	21.70%

Correlation

The correlation between RYRIX and FSCPX is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999	0.89

The correlation between RYRIX and FSCPX has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.

Return for Risk

RYRIX vs. FSCPX — Risk / Return Rank

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

RYRIX

RYRIX Risk / Return Rank: 5
RYRIX Sharpe Ratio Rank: 5
RYRIX Sortino Ratio Rank: 5
RYRIX Omega Ratio Rank: 5
RYRIX Calmar Ratio Rank: 5
RYRIX Martin Ratio Rank: 5

FSCPX

FSCPX Risk / Return Rank: 10
FSCPX Sharpe Ratio Rank: 10
FSCPX Sortino Ratio Rank: 10
FSCPX Omega Ratio Rank: 9
FSCPX Calmar Ratio Rank: 10
FSCPX Martin Ratio Rank: 10

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.

RYRIX vs. FSCPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Retailing Fund (RYRIX) and Fidelity Select Consumer Discretionary Portfolio (FSCPX). 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.

	RYRIX	FSCPX	Difference
Sharpe ratio: Return per unit of total volatility	0.31	0.74	-0.43
Sortino ratio: Return per unit of downside risk	0.57	1.18	-0.61
Omega ratio: Gain probability vs. loss probability	1.06	1.14	-0.07
Calmar ratio: Return relative to maximum drawdown	0.37	0.90	-0.53
Martin ratio: Return relative to average drawdown	0.88	2.78	-1.90

RYRIX vs. FSCPX - Sharpe Ratio Comparison

The current RYRIX Sharpe Ratio is 0.31, which is lower than the FSCPX Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of RYRIX and FSCPX, 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

RYRIX vs. FSCPX - Drawdown Comparison

The maximum RYRIX drawdown since its inception was -58.26%, roughly equal to the maximum FSCPX drawdown of -57.76%. Use the drawdown chart below to compare losses from any high point for RYRIX and FSCPX.

Drawdown Indicators

	RYRIX	FSCPX	Difference
Max Drawdown Largest peak-to-trough decline	-58.26%	-57.76%	-0.50%
Max Drawdown (1Y) Largest decline over 1 year	-13.35%	-15.99%	+2.64%
Max Drawdown (3Y) Largest decline over 3 years	-19.22%	-27.71%	+8.49%
Max Drawdown (5Y) Largest decline over 5 years	-38.37%	-39.23%	+0.86%
Max Drawdown (10Y) Largest decline over 10 years	-38.37%	-39.23%	+0.86%
Current Drawdown Current decline from peak	-10.02%	-6.46%	-3.56%
Average Drawdown Average peak-to-trough decline	-13.91%	-8.54%	-5.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.64%	5.18%	+0.46%

Volatility

RYRIX vs. FSCPX - Volatility Comparison

The current volatility for Rydex Retailing Fund (RYRIX) is 5.03%, while Fidelity Select Consumer Discretionary Portfolio (FSCPX) has a volatility of 6.79%. This indicates that RYRIX experiences smaller price fluctuations and is considered to be less risky than FSCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYRIX	FSCPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.03%	6.79%	-1.76%
Volatility (6M) Calculated over the trailing 6-month period	12.16%	14.53%	-2.37%
Volatility (1Y) Calculated over the trailing 1-year period	16.02%	19.40%	-3.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.61%	24.89%	-3.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.93%	22.79%	-1.86%

RYRIX vs. FSCPX - Expense Ratio Comparison

RYRIX has a 1.40% expense ratio, which is higher than FSCPX's 0.76% expense ratio.

Dividends

RYRIX vs. FSCPX - Dividend Comparison

RYRIX's dividend yield for the trailing twelve months is around 1.76%, less than FSCPX's 9.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSCPX Fidelity Select Consumer Discretionary Portfolio	9.31%	5.78%	7.41%	2.17%	13.79%	9.08%	1.16%	2.22%	3.32%	3.72%	0.90%	3.81%
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 RYRIX and FSCPX in my portfolio?

RYRIX and FSCPX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYRIX or FSCPX?

FSCPX has higher volatility (6.79%) compared to RYRIX (5.03%). In terms of maximum drawdown, RYRIX dropped -58.26% vs FSCPX's -57.76%.

Which has better risk-adjusted returns?

FSCPX currently has the higher Sharpe Ratio (0.74 vs 0.31), 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.