RYSOX vs. RYNVX
Compare and contrast key facts about Rydex S&P 500 Fund (RYSOX) and Rydex Nova Fund (RYNVX).
RYSOX is a passively managed fund by Rydex Funds that tracks the performance of the S&P 500 Index. It was launched on May 31, 2006. RYNVX is managed by Rydex Funds. It was launched on Jul 11, 1993.
Performance
RYSOX vs. RYNVX - Performance Comparison
Loading graphics...
RYSOX vs. RYNVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYSOX Rydex S&P 500 Fund | -4.62% | 15.93% | 22.98% | 24.15% | -19.47% | 26.68% | 16.25% | 29.15% | -6.01% | 19.53% |
RYNVX Rydex Nova Fund | -7.55% | 21.42% | 33.14% | 35.31% | -29.96% | 42.56% | 19.64% | 45.58% | -10.24% | 31.17% |
Returns By Period
In the year-to-date period, RYSOX achieves a -4.62% return, which is significantly higher than RYNVX's -7.55% return. Over the past 10 years, RYSOX has underperformed RYNVX with an annualized return of 12.15%, while RYNVX has yielded a comparatively higher 16.69% annualized return.
RYSOX
- 1D
- 2.92%
- 1M
- -5.04%
- YTD
- -4.62%
- 6M
- -2.83%
- 1Y
- 15.58%
- 3Y*
- 16.41%
- 5Y*
- 9.99%
- 10Y*
- 12.15%
RYNVX
- 1D
- 4.35%
- 1M
- -7.82%
- YTD
- -7.55%
- 6M
- -5.46%
- 1Y
- 20.66%
- 3Y*
- 22.42%
- 5Y*
- 12.78%
- 10Y*
- 16.69%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RYSOX vs. RYNVX - Expense Ratio Comparison
RYSOX has a 1.56% expense ratio, which is higher than RYNVX's 1.23% expense ratio.
Return for Risk
RYSOX vs. RYNVX — Risk / Return Rank
RYSOX
RYNVX
RYSOX vs. RYNVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex S&P 500 Fund (RYSOX) and Rydex Nova Fund (RYNVX). 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.
| RYSOX | RYNVX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 0.78 | +0.10 |
Sortino ratioReturn per unit of downside risk | 1.36 | 1.26 | +0.10 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.19 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.37 | 1.25 | +0.13 |
Martin ratioReturn relative to average drawdown | 6.46 | 5.59 | +0.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RYSOX | RYNVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 0.78 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.50 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.61 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.39 | +0.05 |
Correlation
The correlation between RYSOX and RYNVX is 1.00, 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.
Dividends
RYSOX vs. RYNVX - Dividend Comparison
RYSOX's dividend yield for the trailing twelve months is around 2.77%, more than RYNVX's 0.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYSOX Rydex S&P 500 Fund | 2.77% | 2.65% | 1.08% | 0.60% | 1.17% | 1.25% | 13.42% | 0.93% | 1.69% | 4.56% | 0.84% | 4.01% |
RYNVX Rydex Nova Fund | 0.82% | 0.76% | 0.66% | 0.59% | 22.11% | 9.07% | 0.53% | 0.00% | 0.00% | 1.97% | 1.22% | 0.13% |
Drawdowns
RYSOX vs. RYNVX - Drawdown Comparison
The maximum RYSOX drawdown since its inception was -55.24%, smaller than the maximum RYNVX drawdown of -76.54%. Use the drawdown chart below to compare losses from any high point for RYSOX and RYNVX.
Loading graphics...
Drawdown Indicators
| RYSOX | RYNVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.24% | -76.54% | +21.30% |
Max Drawdown (1Y)Largest decline over 1 year | -12.14% | -17.91% | +5.77% |
Max Drawdown (5Y)Largest decline over 5 years | -25.45% | -40.92% | +15.47% |
Max Drawdown (10Y)Largest decline over 10 years | -34.05% | -48.58% | +14.53% |
Current DrawdownCurrent decline from peak | -6.41% | -10.09% | +3.68% |
Average DrawdownAverage peak-to-trough decline | -8.33% | -19.72% | +11.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 3.99% | -1.41% |
Volatility
RYSOX vs. RYNVX - Volatility Comparison
The current volatility for Rydex S&P 500 Fund (RYSOX) is 5.32%, while Rydex Nova Fund (RYNVX) has a volatility of 8.01%. This indicates that RYSOX experiences smaller price fluctuations and is considered to be less risky than RYNVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RYSOX | RYNVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 8.01% | -2.69% |
Volatility (6M)Calculated over the trailing 6-month period | 9.52% | 14.28% | -4.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.32% | 27.47% | -9.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.92% | 25.96% | -9.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.07% | 27.36% | -9.29% |