RYSIX vs. SHGTX
Compare and contrast key facts about Rydex Electronics Fund (RYSIX) and Columbia Seligman Global Technology Fund (SHGTX).
RYSIX is managed by Rydex Funds. It was launched on Mar 31, 1998. SHGTX is managed by Columbia Threadneedle. It was launched on May 22, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYSIX or SHGTX.
Correlation
The correlation between RYSIX and SHGTX is 0.87, 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
RYSIX vs. SHGTX - Performance Comparison
Key characteristics
RYSIX:
0.54
SHGTX:
0.55
RYSIX:
0.93
SHGTX:
0.81
RYSIX:
1.12
SHGTX:
1.13
RYSIX:
0.73
SHGTX:
0.61
RYSIX:
1.70
SHGTX:
2.75
RYSIX:
10.74%
SHGTX:
4.96%
RYSIX:
34.08%
SHGTX:
24.87%
RYSIX:
-88.67%
SHGTX:
-82.03%
RYSIX:
-13.86%
SHGTX:
-12.02%
Returns By Period
In the year-to-date period, RYSIX achieves a 19.40% return, which is significantly higher than SHGTX's 14.77% return. Over the past 10 years, RYSIX has outperformed SHGTX with an annualized return of 18.60%, while SHGTX has yielded a comparatively lower 10.05% annualized return.
RYSIX
19.40%
2.88%
-6.73%
18.13%
20.89%
18.60%
SHGTX
14.77%
-9.30%
-1.47%
13.80%
11.04%
10.05%
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RYSIX vs. SHGTX - Expense Ratio Comparison
RYSIX has a 1.36% expense ratio, which is higher than SHGTX's 1.29% expense ratio.
Risk-Adjusted Performance
RYSIX vs. SHGTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Electronics Fund (RYSIX) and Columbia Seligman Global Technology Fund (SHGTX). 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
RYSIX vs. SHGTX - Dividend Comparison
Neither RYSIX nor SHGTX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Rydex Electronics Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.05% | 0.00% | 0.16% | 0.00% | 0.06% |
Columbia Seligman Global Technology Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RYSIX vs. SHGTX - Drawdown Comparison
The maximum RYSIX drawdown since its inception was -88.67%, which is greater than SHGTX's maximum drawdown of -82.03%. Use the drawdown chart below to compare losses from any high point for RYSIX and SHGTX. For additional features, visit the drawdowns tool.
Volatility
RYSIX vs. SHGTX - Volatility Comparison
The current volatility for Rydex Electronics Fund (RYSIX) is 8.61%, while Columbia Seligman Global Technology Fund (SHGTX) has a volatility of 16.22%. This indicates that RYSIX experiences smaller price fluctuations and is considered to be less risky than SHGTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.