RYTIX vs. RYAIX
RYTIX (Rydex Technology Fund) and RYAIX (Rydex Inverse NASDAQ-100 Strategy Fund) are both mutual funds - RYTIX is a Technology Equities fund managed by Rydex Funds, while RYAIX is a Inverse Equities fund managed by Rydex Funds. Over the past 10 years, RYTIX returned 22.84%/yr vs -19.36%/yr for RYAIX. At a correlation of -0.95, they often move in opposite directions. RYTIX charges 1.36%/yr vs 1.55%/yr for RYAIX.
Performance
RYTIX vs. RYAIX - Performance Comparison
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Returns By Period
In the year-to-date period, RYTIX achieves a 29.04% return, which is significantly higher than RYAIX's -14.19% return. Over the past 10 years, RYTIX has outperformed RYAIX with an annualized return of 22.84%, while RYAIX has yielded a comparatively lower -19.36% annualized return.
RYTIX
- 1D
- -3.53%
- 1M
- 1.71%
- YTD
- 29.04%
- 6M
- 26.53%
- 1Y
- 51.11%
- 3Y*
- 34.72%
- 5Y*
- 16.78%
- 10Y*
- 22.84%
RYAIX
- 1D
- 3.33%
- 1M
- 0.11%
- YTD
- -14.19%
- 6M
- -12.72%
- 1Y
- -22.71%
- 3Y*
- -17.65%
- 5Y*
- -13.34%
- 10Y*
- -19.36%
RYTIX vs. RYAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYTIX Rydex Technology Fund | 29.04% | 26.48% | 30.01% | 49.59% | -36.18% | 20.94% | 49.87% | 40.81% | -1.07% | 33.07% |
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | -14.19% | -15.63% | -15.64% | -31.71% | 35.92% | -24.88% | -40.98% | -27.65% | -2.63% | -24.47% |
Correlation
The correlation between RYTIX and RYAIX is -0.93, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.94 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | -0.95 |
The correlation between RYTIX and RYAIX has been stable across timeframes, ranging from -0.95 to -0.93 - a consistent structural relationship.
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Return for Risk
RYTIX vs. RYAIX — Risk / Return Rank
RYTIX
RYAIX
RYTIX vs. RYAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Technology Fund (RYTIX) and Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX). 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 | RYAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.55 | ||
| Sortino ratioReturn per unit of downside risk | +4.70 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.79 | +0.57 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | -0.93 | +4.42 |
| Martin ratioReturn relative to average drawdown | 11.59 | -2.01 | +13.60 |
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Drawdowns
RYTIX vs. RYAIX - Drawdown Comparison
The maximum RYTIX drawdown since its inception was -84.00%, smaller than the maximum RYAIX drawdown of -98.93%. Use the drawdown chart below to compare losses from any high point for RYTIX and RYAIX.
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Drawdown Indicators
| RYTIX | RYAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.00% | -98.93% | +14.93% |
Max Drawdown (1Y)Largest decline over 1 year | -15.67% | -25.53% | +9.86% |
Max Drawdown (3Y)Largest decline over 3 years | -27.91% | -50.13% | +22.22% |
Max Drawdown (5Y)Largest decline over 5 years | -42.75% | -61.15% | +18.40% |
Max Drawdown (10Y)Largest decline over 10 years | -42.75% | -89.04% | +46.29% |
Current DrawdownCurrent decline from peak | -7.87% | -98.89% | +91.02% |
Average DrawdownAverage peak-to-trough decline | -40.12% | -73.33% | +33.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 12.98% | -8.27% |
Volatility
RYTIX vs. RYAIX - Volatility Comparison
Rydex Technology Fund (RYTIX) has a higher volatility of 12.33% compared to Rydex Inverse NASDAQ-100 Strategy Fund (RYAIX) at 8.98%. This indicates that RYTIX's price experiences larger fluctuations and is considered to be riskier than RYAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYTIX | RYAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.33% | 8.98% | +3.35% |
Volatility (6M)Calculated over the trailing 6-month period | 20.30% | 14.65% | +5.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.59% | 18.11% | +6.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.11% | 23.14% | +3.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.45% | 22.78% | +2.67% |
RYTIX vs. RYAIX - Expense Ratio Comparison
RYTIX has a 1.36% expense ratio, which is lower than RYAIX's 1.55% expense ratio.
Dividends
RYTIX vs. RYAIX - Dividend Comparison
RYTIX's dividend yield for the trailing twelve months is around 0.80%, less than RYAIX's 2.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
RYAIX Rydex Inverse NASDAQ-100 Strategy Fund | 2.60% | 2.23% | 5.67% | 4.81% | 0.00% | 0.00% | 0.09% | 0.72% | 0.00% | 0.00% |
RYTIX Rydex Technology Fund | 0.80% | 1.03% | 9.00% | 2.46% | 5.17% | 7.24% | 1.62% | 0.92% | 5.39% | 1.35% |
Frequently Asked Questions
RYTIX and RYAIX have a correlation of -0.93, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RYTIX has higher volatility (12.33%) compared to RYAIX (8.98%). In terms of maximum drawdown, RYTIX dropped -84.00% vs RYAIX's -98.93%.
RYTIX currently has the higher Sharpe Ratio (2.22 vs -1.32), 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.
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