RYTIX vs. BOGSX

Last updated Jun 3, 2026

RYTIX (Rydex Technology Fund) and BOGSX (Black Oak Emerging Technology Fund) are both Technology Equities funds. Over the past 10 years, RYTIX returned 23.16%/yr vs 17.60%/yr for BOGSX. Their correlation of 0.91 suggests significant overlap in exposure. RYTIX charges 1.36%/yr vs 1.03%/yr for BOGSX.

Performance

RYTIX vs. BOGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Technology Fund (RYTIX) and Black Oak Emerging Technology Fund (BOGSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with RYTIX having a 38.26% return and BOGSX slightly higher at 40.12%. Over the past 10 years, RYTIX has outperformed BOGSX with an annualized return of 23.16%, while BOGSX has yielded a comparatively lower 17.60% annualized return.

RYTIX

• 1D: 2.83%
• 1M: 20.85%
• YTD: 38.26%
• 6M: 36.85%
• 1Y: 71.57%
• 3Y*: 38.15%
• 5Y*: 19.66%
• 10Y*: 23.16%

BOGSX

• 1D: 1.69%
• 1M: 13.07%
• YTD: 40.12%
• 6M: 41.23%
• 1Y: 61.25%
• 3Y*: 24.18%
• 5Y*: 13.16%
• 10Y*: 17.60%

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

RYTIX vs. BOGSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYTIX Rydex Technology Fund	38.26%	26.48%	30.01%	49.59%	-36.18%	20.94%	49.87%	40.81%	-1.07%	33.07%
BOGSX Black Oak Emerging Technology Fund	40.12%	19.06%	9.25%	17.79%	-27.30%	26.89%	45.16%	38.20%	-4.94%	19.05%

Correlation

The correlation between RYTIX and BOGSX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001	0.91

The correlation between RYTIX and BOGSX has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

Return for Risk

RYTIX vs. BOGSX — Risk / Return Rank

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

RYTIX

RYTIX Risk / Return Rank: 86
RYTIX Sharpe Ratio Rank: 95
RYTIX Sortino Ratio Rank: 83
RYTIX Omega Ratio Rank: 78
RYTIX Calmar Ratio Rank: 90
RYTIX Martin Ratio Rank: 86

BOGSX

BOGSX Risk / Return Rank: 84
BOGSX Sharpe Ratio Rank: 89
BOGSX Sortino Ratio Rank: 75
BOGSX Omega Ratio Rank: 70
BOGSX Calmar Ratio Rank: 94
BOGSX Martin Ratio Rank: 92

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. BOGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Technology Fund (RYTIX) and Black Oak Emerging Technology Fund (BOGSX). 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.

	RYTIX	BOGSX	Difference
Sharpe ratio Return per unit of total volatility	3.30	2.91	+0.39
Sortino ratio Return per unit of downside risk	3.93	3.63	+0.30
Omega ratio Gain probability vs. loss probability	1.51	1.47	+0.04
Calmar ratio Return relative to maximum drawdown	4.65	5.61	-0.96
Martin ratio Return relative to average drawdown	16.43	19.28	-2.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYTIX vs. BOGSX - Sharpe Ratio Comparison

The current RYTIX Sharpe Ratio is 3.30, which is comparable to the BOGSX Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of RYTIX and BOGSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RYTIX	BOGSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.30	2.91	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.52	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.92	0.72	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.11	+0.22

Drawdowns

RYTIX vs. BOGSX - Drawdown Comparison

The maximum RYTIX drawdown since its inception was -84.00%, smaller than the maximum BOGSX drawdown of -92.80%. Use the drawdown chart below to compare losses from any high point for RYTIX and BOGSX.

Drawdown Indicators

	RYTIX	BOGSX	Difference
Max Drawdown Largest peak-to-trough decline	-84.00%	-92.80%	+8.80%
Max Drawdown (1Y) Largest decline over 1 year	-15.67%	-11.04%	-4.63%
Max Drawdown (3Y) Largest decline over 3 years	-27.91%	-24.78%	-3.13%
Max Drawdown (5Y) Largest decline over 5 years	-42.75%	-33.93%	-8.82%
Max Drawdown (10Y) Largest decline over 10 years	-42.75%	-33.93%	-8.82%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-40.20%	-58.97%	+18.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.43%	3.21%	+1.22%

Volatility

RYTIX vs. BOGSX - Volatility Comparison

Rydex Technology Fund (RYTIX) and Black Oak Emerging Technology Fund (BOGSX) have volatilities of 6.70% and 6.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYTIX	BOGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.70%	6.56%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	17.68%	16.63%	+1.05%
Volatility (1Y) Calculated over the trailing 1-year period	22.29%	21.41%	+0.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.70%	25.20%	+1.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.28%	24.60%	+0.68%

RYTIX vs. BOGSX - Expense Ratio Comparison

RYTIX has a 1.36% expense ratio, which is higher than BOGSX's 1.03% expense ratio.

Dividends

RYTIX vs. BOGSX - Dividend Comparison

RYTIX's dividend yield for the trailing twelve months is around 0.75%, less than BOGSX's 4.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BOGSX Black Oak Emerging Technology Fund	4.11%	5.76%	7.96%	3.79%	1.87%	11.31%	6.30%	5.47%	11.71%	7.71%	4.00%	3.09%
RYTIX Rydex Technology Fund	0.75%	1.03%	9.00%	2.46%	5.17%	7.24%	1.62%	0.92%	5.39%	1.35%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RYTIX and BOGSX in my portfolio?

With a correlation of 0.91, RYTIX and BOGSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, RYTIX or BOGSX?

RYTIX has higher volatility (6.70%) compared to BOGSX (6.56%). In terms of maximum drawdown, RYTIX dropped -84.00% vs BOGSX's -92.80%.

Which has better risk-adjusted returns?

RYTIX currently has the higher Sharpe Ratio (3.30 vs 2.91), 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.