RYTNX vs. FCNKX

In the year-to-date period, RYTNX achieves a -11.08% return, which is significantly lower than FCNKX's -1.56% return. Over the past 10 years, RYTNX has outperformed FCNKX with an annualized return of 14.93%, while FCNKX has yielded a comparatively lower 7.84% annualized return.

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RYTNX has a 1.82% expense ratio, which is higher than FCNKX's 0.74% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Rydex S&P 500 2x Strategy Fund (RYTNX) and Fidelity Contrafund Fund (FCNKX). 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.

The current RYTNX Sharpe Ratio is 0.09, which is lower than the FCNKX Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of RYTNX and FCNKX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

RYTNX's dividend yield for the trailing twelve months is around 0.41%, more than FCNKX's 0.12% yield.

The maximum RYTNX drawdown since its inception was -89.80%, which is greater than FCNKX's maximum drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for RYTNX and FCNKX. For additional features, visit the drawdowns tool.

Rydex S&P 500 2x Strategy Fund (RYTNX) has a higher volatility of 13.77% compared to Fidelity Contrafund Fund (FCNKX) at 7.52%. This indicates that RYTNX's price experiences larger fluctuations and is considered to be riskier than FCNKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.