RYTIX vs. AIO

Last updated Jun 24, 2026

RYTIX (Rydex Technology Fund) and AIO (Virtus Artificial Intelligence & Technology Opportunities Fund) are both Technology Equities funds. Over the past 5 years, RYTIX returned 17.88%/yr vs 13.23%/yr for AIO. A 0.74 correlation means they provide meaningful diversification when combined. RYTIX charges 1.36%/yr vs 1.41%/yr for AIO.

Performance

RYTIX vs. AIO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Technology Fund (RYTIX) and Virtus Artificial Intelligence & Technology Opportunities Fund (AIO). 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 RYTIX having a 33.76% return and AIO slightly lower at 32.52%.

RYTIX

• 1D: 0.07%
• 1M: 5.43%
• YTD: 33.76%
• 6M: 31.35%
• 1Y: 60.04%
• 3Y*: 36.35%
• 5Y*: 17.88%
• 10Y*: 23.28%

AIO

• 1D: -2.33%
• 1M: 7.33%
• YTD: 32.52%
• 6M: 30.74%
• 1Y: 34.16%
• 3Y*: 27.70%
• 5Y*: 13.23%
• 10Y*: —

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

RYTIX vs. AIO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
RYTIX Rydex Technology Fund	33.76%	26.48%	30.01%	49.59%	-36.18%	20.94%	49.87%	8.15%
AIO Virtus Artificial Intelligence & Technology Opportunities Fund	32.52%	0.48%	54.48%	19.27%	-28.06%	13.51%	46.27%	1.05%

Correlation

The correlation between RYTIX and AIO is 0.74, 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	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Oct 29, 2019	0.74

The correlation between RYTIX and AIO has been stable across timeframes, ranging from 0.69 to 0.76 - a consistent structural relationship.

Return for Risk

RYTIX vs. AIO — Risk / Return Rank

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

RYTIX

RYTIX Risk / Return Rank: 75
RYTIX Sharpe Ratio Rank: 84
RYTIX Sortino Ratio Rank: 65
RYTIX Omega Ratio Rank: 64
RYTIX Calmar Ratio Rank: 87
RYTIX Martin Ratio Rank: 74

AIO

AIO Risk / Return Rank: 48
AIO Sharpe Ratio Rank: 45
AIO Sortino Ratio Rank: 44
AIO Omega Ratio Rank: 41
AIO Calmar Ratio Rank: 67
AIO Martin Ratio Rank: 45

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.

RYTIX vs. AIO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Technology Fund (RYTIX) and Virtus Artificial Intelligence & Technology Opportunities Fund (AIO). 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.

	RYTIX	AIO	Difference
Sharpe ratio: Return per unit of total volatility	2.54	1.82	+0.73
Sortino ratio: Return per unit of downside risk	3.07	2.56	+0.51
Omega ratio: Gain probability vs. loss probability	1.41	1.31	+0.09
Calmar ratio: Return relative to maximum drawdown	3.94	3.00	+0.94
Martin ratio: Return relative to average drawdown	13.18	8.88	+4.30

RYTIX vs. AIO - Sharpe Ratio Comparison

The current RYTIX Sharpe Ratio is 2.54, which is higher than the AIO Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of RYTIX and AIO, 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

RYTIX vs. AIO - Drawdown Comparison

The maximum RYTIX drawdown since its inception was -84.00%, which is greater than AIO's maximum drawdown of -44.88%. Use the drawdown chart below to compare losses from any high point for RYTIX and AIO.

Drawdown Indicators

	RYTIX	AIO	Difference
Max Drawdown Largest peak-to-trough decline	-84.00%	-44.88%	-39.12%
Max Drawdown (1Y) Largest decline over 1 year	-15.67%	-11.42%	-4.25%
Max Drawdown (3Y) Largest decline over 3 years	-27.91%	-30.23%	+2.32%
Max Drawdown (5Y) Largest decline over 5 years	-42.75%	-37.39%	-5.36%
Max Drawdown (10Y) Largest decline over 10 years	-42.75%	—	—
Current Drawdown Current decline from peak	-4.50%	-2.33%	-2.17%
Average Drawdown Average peak-to-trough decline	-40.12%	-10.88%	-29.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.68%	3.86%	+0.82%

Volatility

RYTIX vs. AIO - Volatility Comparison

Rydex Technology Fund (RYTIX) has a higher volatility of 11.75% compared to Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) at 7.95%. This indicates that RYTIX's price experiences larger fluctuations and is considered to be riskier than AIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYTIX	AIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.75%	7.95%	+3.80%
Volatility (6M) Calculated over the trailing 6-month period	19.98%	14.91%	+5.07%
Volatility (1Y) Calculated over the trailing 1-year period	24.35%	18.91%	+5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.06%	22.26%	+4.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.47%	26.91%	-1.44%

RYTIX vs. AIO - Expense Ratio Comparison

RYTIX has a 1.36% expense ratio, which is lower than AIO's 1.41% expense ratio.

Dividends

RYTIX vs. AIO - Dividend Comparison

RYTIX's dividend yield for the trailing twelve months is around 0.77%, less than AIO's 10.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AIO Virtus Artificial Intelligence & Technology Opportunities Fund	10.90%	13.75%	7.30%	10.34%	11.12%	19.97%	9.31%	0.54%	0.00%	0.00%
RYTIX Rydex Technology Fund	0.77%	1.03%	9.00%	2.46%	5.17%	7.24%	1.62%	0.92%	5.39%	1.35%

Frequently Asked Questions

Can I hold both RYTIX and AIO in my portfolio?

RYTIX and AIO have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYTIX or AIO?

RYTIX has higher volatility (11.75%) compared to AIO (7.95%). In terms of maximum drawdown, RYTIX dropped -84.00% vs AIO's -44.88%.

Which has better risk-adjusted returns?

RYTIX currently has the higher Sharpe Ratio (2.54 vs 1.82), 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.