RYRUX vs. RMQHX

Last updated Jun 23, 2026

RYRUX (Rydex Russell 2000 2x Strategy Fund) and RMQHX (Rydex Monthly Rebalance NASDAQ-100 2x Strategy H) are both Leveraged Equities funds. Over the past 10 years, RYRUX returned 11.89%/yr vs 38.02%/yr for RMQHX. A 0.70 correlation means they provide meaningful diversification when combined. RYRUX charges 1.86%/yr vs 1.27%/yr for RMQHX.

Performance

RYRUX vs. RMQHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Russell 2000 2x Strategy Fund (RYRUX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with RYRUX having a 38.55% return and RMQHX slightly lower at 37.57%. Over the past 10 years, RYRUX has underperformed RMQHX with an annualized return of 11.89%, while RMQHX has yielded a comparatively higher 38.02% annualized return.

RYRUX

• 1D: 4.13%
• 1M: 7.19%
• YTD: 38.55%
• 6M: 30.34%
• 1Y: 84.15%
• 3Y*: 24.72%
• 5Y*: 2.91%
• 10Y*: 11.89%

RMQHX

• 1D: 4.97%
• 1M: 5.59%
• YTD: 37.57%
• 6M: 35.14%
• 1Y: 81.00%
• 3Y*: 46.88%
• 5Y*: 24.97%
• 10Y*: 38.02%

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

RYRUX vs. RMQHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYRUX Rydex Russell 2000 2x Strategy Fund	38.55%	12.62%	10.94%	22.65%	-43.88%	20.72%	16.41%	47.20%	-26.63%	25.55%
RMQHX Rydex Monthly Rebalance NASDAQ-100 2x Strategy H	37.57%	33.90%	44.74%	115.89%	-59.96%	56.33%	101.06%	80.70%	-7.28%	69.79%

Correlation

The correlation between RYRUX and RMQHX is 0.69, 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	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.69
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.70

The correlation between RYRUX and RMQHX has been stable across timeframes, ranging from 0.66 to 0.72 - a consistent structural relationship.

Return for Risk

RYRUX vs. RMQHX — Risk / Return Rank

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

RYRUX

RYRUX Risk / Return Rank: 61
RYRUX Sharpe Ratio Rank: 62
RYRUX Sortino Ratio Rank: 48
RYRUX Omega Ratio Rank: 41
RYRUX Calmar Ratio Rank: 84
RYRUX Martin Ratio Rank: 71

RMQHX

RMQHX Risk / Return Rank: 61
RMQHX Sharpe Ratio Rank: 71
RMQHX Sortino Ratio Rank: 49
RMQHX Omega Ratio Rank: 51
RMQHX Calmar Ratio Rank: 74
RMQHX Martin Ratio Rank: 60

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.

RYRUX vs. RMQHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Russell 2000 2x Strategy Fund (RYRUX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX). 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.

	RYRUX	RMQHX	Difference
Sharpe ratio: Return per unit of total volatility	2.13	2.25	-0.11
Sortino ratio: Return per unit of downside risk	2.69	2.70	-0.01
Omega ratio: Gain probability vs. loss probability	1.32	1.36	-0.04
Calmar ratio: Return relative to maximum drawdown	3.75	3.20	+0.55
Martin ratio: Return relative to average drawdown	12.71	11.27	+1.45

RYRUX vs. RMQHX - Sharpe Ratio Comparison

The current RYRUX Sharpe Ratio is 2.13, which is comparable to the RMQHX Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of RYRUX and RMQHX, 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

RYRUX vs. RMQHX - Drawdown Comparison

The maximum RYRUX drawdown since its inception was -88.49%, which is greater than RMQHX's maximum drawdown of -63.21%. Use the drawdown chart below to compare losses from any high point for RYRUX and RMQHX.

Drawdown Indicators

	RYRUX	RMQHX	Difference
Max Drawdown Largest peak-to-trough decline	-88.49%	-63.21%	-25.28%
Max Drawdown (1Y) Largest decline over 1 year	-22.39%	-24.97%	+2.58%
Max Drawdown (3Y) Largest decline over 3 years	-49.91%	-42.46%	-7.45%
Max Drawdown (5Y) Largest decline over 5 years	-62.41%	-63.21%	+0.80%
Max Drawdown (10Y) Largest decline over 10 years	-71.68%	-63.21%	-8.47%
Current Drawdown Current decline from peak	-1.85%	-1.83%	-0.02%
Average Drawdown Average peak-to-trough decline	-31.23%	-12.84%	-18.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.58%	7.07%	-0.49%

Volatility

RYRUX vs. RMQHX - Volatility Comparison

The current volatility for Rydex Russell 2000 2x Strategy Fund (RYRUX) is 13.58%, while Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX) has a volatility of 17.26%. This indicates that RYRUX experiences smaller price fluctuations and is considered to be less risky than RMQHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYRUX	RMQHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.58%	17.26%	-3.68%
Volatility (6M) Calculated over the trailing 6-month period	28.67%	28.87%	-0.20%
Volatility (1Y) Calculated over the trailing 1-year period	39.37%	35.56%	+3.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.29%	46.71%	-1.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.97%	46.68%	+0.29%

RYRUX vs. RMQHX - Expense Ratio Comparison

RYRUX has a 1.86% expense ratio, which is higher than RMQHX's 1.27% expense ratio.

Dividends

RYRUX vs. RMQHX - Dividend Comparison

RYRUX's dividend yield for the trailing twelve months is around 2.65%, less than RMQHX's 25.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RMQHX Rydex Monthly Rebalance NASDAQ-100 2x Strategy H	25.28%	34.77%	25.22%	3.66%	0.00%	2.13%	5.17%	0.10%	0.00%	0.00%	0.00%	0.00%
RYRUX Rydex Russell 2000 2x Strategy Fund	2.65%	3.68%	2.93%	0.35%	0.00%	0.20%	0.00%	0.27%	0.00%	2.57%	0.00%	28.79%

Frequently Asked Questions

Can I hold both RYRUX and RMQHX in my portfolio?

RYRUX and RMQHX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYRUX or RMQHX?

RMQHX has higher volatility (17.26%) compared to RYRUX (13.58%). In terms of maximum drawdown, RYRUX dropped -88.49% vs RMQHX's -63.21%.

Which has better risk-adjusted returns?

RMQHX currently has the higher Sharpe Ratio (2.25 vs 2.13), 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.