RYRRX vs. RYRIX

Last updated Jun 5, 2026

RYRRX (Rydex Russell 2000 Fund) and RYRIX (Rydex Retailing Fund) are both mutual funds - RYRRX is a Small Cap Blend Equities fund managed by Rydex Funds, while RYRIX is a Consumer Discretionary Equities fund managed by Rydex Funds. Over the past 10 years, RYRRX returned 9.21%/yr vs 9.17%/yr for RYRIX. Their correlation of 0.81 suggests significant overlap in exposure. RYRRX charges 1.60%/yr vs 1.40%/yr for RYRIX.

Performance

RYRRX vs. RYRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Russell 2000 Fund (RYRRX) 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, RYRRX achieves a 16.29% return, which is significantly higher than RYRIX's -3.89% return. Both investments have delivered pretty close results over the past 10 years, with RYRRX having a 9.21% annualized return and RYRIX not far behind at 9.17%.

RYRRX

• 1D: -1.33%
• 1M: 1.83%
• YTD: 16.29%
• 6M: 13.99%
• 1Y: 37.21%
• 3Y*: 16.14%
• 5Y*: 4.59%
• 10Y*: 9.21%

RYRIX

• 1D: -0.30%
• 1M: -3.59%
• YTD: -3.89%
• 6M: -4.62%
• 1Y: 2.27%
• 3Y*: 11.65%
• 5Y*: 1.39%
• 10Y*: 9.17%

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

RYRRX vs. RYRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYRRX Rydex Russell 2000 Fund	16.29%	10.88%	9.72%	15.17%	-21.70%	13.23%	17.81%	23.57%	-12.58%	12.88%
RYRIX Rydex Retailing Fund	-3.89%	9.71%	15.87%	17.11%	-25.91%	12.25%	44.72%	25.44%	-3.10%	12.82%

Correlation

The correlation between RYRRX and RYRIX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jan 4, 2007	0.81

The correlation between RYRRX and RYRIX shifts across timeframes, from 0.70 (1 year) to 0.81 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

RYRRX vs. RYRIX — Risk / Return Rank

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

RYRRX

RYRRX Risk / Return Rank: 51
RYRRX Sharpe Ratio Rank: 45
RYRRX Sortino Ratio Rank: 43
RYRRX Omega Ratio Rank: 37
RYRRX Calmar Ratio Rank: 73
RYRRX Martin Ratio Rank: 58

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.

RYRRX vs. RYRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Russell 2000 Fund (RYRRX) 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.

	RYRRX	RYRIX	Difference
Sharpe ratio: Return per unit of total volatility	1.94	0.14	+1.80
Sortino ratio: Return per unit of downside risk	2.71	0.31	+2.40
Omega ratio: Gain probability vs. loss probability	1.32	1.03	+0.29
Calmar ratio: Return relative to maximum drawdown	3.24	0.16	+3.08
Martin ratio: Return relative to average drawdown	11.46	0.40	+11.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYRRX vs. RYRIX - Sharpe Ratio Comparison

The current RYRRX Sharpe Ratio is 1.94, which is higher than the RYRIX Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of RYRRX 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

	RYRRX	RYRIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	0.14	+1.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.06	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	0.44	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.27	-0.01

Drawdowns

RYRRX vs. RYRIX - Drawdown Comparison

The maximum RYRRX drawdown since its inception was -60.36%, roughly equal to the maximum RYRIX drawdown of -58.26%. Use the drawdown chart below to compare losses from any high point for RYRRX and RYRIX.

Drawdown Indicators

	RYRRX	RYRIX	Difference
Max Drawdown Largest peak-to-trough decline	-60.36%	-58.26%	-2.10%
Max Drawdown (1Y) Largest decline over 1 year	-11.43%	-13.35%	+1.92%
Max Drawdown (3Y) Largest decline over 3 years	-28.03%	-19.22%	-8.81%
Max Drawdown (5Y) Largest decline over 5 years	-33.02%	-38.37%	+5.35%
Max Drawdown (10Y) Largest decline over 10 years	-42.84%	-38.37%	-4.47%
Current Drawdown Current decline from peak	-1.47%	-10.31%	+8.84%
Average Drawdown Average peak-to-trough decline	-12.23%	-13.92%	+1.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	5.28%	-2.05%

Volatility

RYRRX vs. RYRIX - Volatility Comparison

Rydex Russell 2000 Fund (RYRRX) has a higher volatility of 5.79% compared to Rydex Retailing Fund (RYRIX) at 4.73%. This indicates that RYRRX'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

	RYRRX	RYRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.79%	4.73%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	13.57%	11.47%	+2.10%
Volatility (1Y) Calculated over the trailing 1-year period	19.18%	15.66%	+3.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.57%	21.53%	+1.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.45%	20.89%	+2.56%

RYRRX vs. RYRIX - Expense Ratio Comparison

RYRRX has a 1.60% expense ratio, which is higher than RYRIX's 1.40% expense ratio.

Dividends

RYRRX vs. RYRIX - Dividend Comparison

RYRRX's dividend yield for the trailing twelve months is around 0.56%, less than RYRIX's 1.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
RYRRX Rydex Russell 2000 Fund	0.56%	0.65%	1.02%	0.19%	0.00%	12.84%	0.00%	1.46%	0.00%	4.82%	0.00%	2.66%

Frequently Asked Questions

Can I hold both RYRRX and RYRIX in my portfolio?

RYRRX and RYRIX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYRRX or RYRIX?

RYRRX has higher volatility (5.79%) compared to RYRIX (4.73%). In terms of maximum drawdown, RYRRX dropped -60.36% vs RYRIX's -58.26%.

Which has better risk-adjusted returns?

RYRRX currently has the higher Sharpe Ratio (1.94 vs 0.14), 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.