RYRRX vs. SPLG
Compare and contrast key facts about Rydex Russell 2000 Fund (RYRRX) and SPDR Portfolio S&P 500 ETF (SPLG).
RYRRX is managed by Rydex Funds. It was launched on May 31, 2006. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYRRX or SPLG.
Correlation
The correlation between RYRRX and SPLG is 0.75, 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. SPLG - Performance Comparison
Key characteristics
RYRRX:
0.54
SPLG:
1.89
RYRRX:
0.90
SPLG:
2.54
RYRRX:
1.11
SPLG:
1.35
RYRRX:
0.35
SPLG:
2.82
RYRRX:
2.26
SPLG:
11.73
RYRRX:
4.62%
SPLG:
2.03%
RYRRX:
19.49%
SPLG:
12.62%
RYRRX:
-60.36%
SPLG:
-54.52%
RYRRX:
-17.84%
SPLG:
0.00%
Returns By Period
In the year-to-date period, RYRRX achieves a 2.25% return, which is significantly lower than SPLG's 4.58% return. Over the past 10 years, RYRRX has underperformed SPLG with an annualized return of 3.84%, while SPLG has yielded a comparatively higher 13.29% annualized return.
RYRRX
2.25%
0.27%
4.91%
13.61%
3.43%
3.84%
SPLG
4.58%
2.58%
10.05%
25.09%
14.80%
13.29%
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RYRRX vs. SPLG - Expense Ratio Comparison
RYRRX has a 1.60% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
RYRRX vs. SPLG — Risk-Adjusted Performance Rank
RYRRX
SPLG
RYRRX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Russell 2000 Fund (RYRRX) and SPDR Portfolio S&P 500 ETF (SPLG). 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. SPLG - Dividend Comparison
RYRRX's dividend yield for the trailing twelve months is around 0.99%, less than SPLG's 1.22% yield.
| 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% |
SPLG SPDR Portfolio S&P 500 ETF | 1.22% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
RYRRX vs. SPLG - Drawdown Comparison
The maximum RYRRX drawdown since its inception was -60.36%, which is greater than SPLG's maximum drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for RYRRX and SPLG. For additional features, visit the drawdowns tool.
Volatility
RYRRX vs. SPLG - Volatility Comparison
Rydex Russell 2000 Fund (RYRRX) has a higher volatility of 4.14% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 2.99%. This indicates that RYRRX's price experiences larger fluctuations and is considered to be riskier than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.