RYRRX vs. FLGEX
Compare and contrast key facts about Rydex Russell 2000 Fund (RYRRX) and Fidelity Large Cap Growth Enhanced Index Fund (FLGEX).
RYRRX is managed by Rydex Funds. It was launched on May 31, 2006. FLGEX is managed by Fidelity. It was launched on Apr 19, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYRRX or FLGEX.
Correlation
The correlation between RYRRX and FLGEX is 0.80, 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.
Performance
RYRRX vs. FLGEX - Performance Comparison
Key characteristics
Returns By Period
RYRRX
2.60%
0.62%
6.65%
12.39%
3.29%
3.87%
FLGEX
N/A
N/A
N/A
N/A
N/A
N/A
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RYRRX vs. FLGEX - Expense Ratio Comparison
RYRRX has a 1.60% expense ratio, which is higher than FLGEX's 0.39% expense ratio.
Risk-Adjusted Performance
RYRRX vs. FLGEX — Risk-Adjusted Performance Rank
RYRRX
FLGEX
RYRRX vs. FLGEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Russell 2000 Fund (RYRRX) and Fidelity Large Cap Growth Enhanced Index Fund (FLGEX). 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.
Dividends
RYRRX vs. FLGEX - Dividend Comparison
RYRRX's dividend yield for the trailing twelve months is around 0.99%, while FLGEX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYRRX Rydex Russell 2000 Fund | 0.99% | 1.02% | 0.19% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLGEX Fidelity Large Cap Growth Enhanced Index Fund | 0.00% | 0.00% | 0.50% | 0.61% | 14.40% | 4.74% | 3.18% | 8.29% | 4.54% | 1.01% | 3.07% | 9.05% |
Drawdowns
RYRRX vs. FLGEX - Drawdown Comparison
Volatility
RYRRX vs. FLGEX - Volatility Comparison
Rydex Russell 2000 Fund (RYRRX) has a higher volatility of 4.14% compared to Fidelity Large Cap Growth Enhanced Index Fund (FLGEX) at 0.00%. This indicates that RYRRX's price experiences larger fluctuations and is considered to be riskier than FLGEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.