RYTNX vs. RYUIX

Last updated Apr 2, 2026

Compare and contrast key facts about Rydex S&P 500 2x Strategy Fund (RYTNX) and Rydex Utilities Fund (RYUIX).

RYTNX is managed by Rydex Funds. It was launched on May 18, 2000. RYUIX is managed by Rydex Funds. It was launched on Apr 2, 2000.

Performance

RYTNX vs. RYUIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex S&P 500 2x Strategy Fund (RYTNX) and Rydex Utilities Fund (RYUIX). The values are adjusted to include any dividend payments, if applicable.

RYTNX vs. RYUIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYTNX Rydex S&P 500 2x Strategy Fund	-10.47%	24.88%	41.95%	45.20%	-39.32%	55.55%	20.31%	62.29%	-15.06%	42.95%
RYUIX Rydex Utilities Fund	7.44%	17.90%	20.25%	-6.78%	1.32%	15.08%	-4.56%	19.38%	4.07%	11.36%

Returns By Period

In the year-to-date period, RYTNX achieves a -10.47% return, which is significantly lower than RYUIX's 7.44% return. Over the past 10 years, RYTNX has outperformed RYUIX with an annualized return of 19.68%, while RYUIX has yielded a comparatively lower 8.31% annualized return.

RYTNX

• 1D: 5.81%
• 1M: -10.57%
• YTD: -10.47%
• 6M: -8.36%
• 1Y: 24.05%
• 3Y*: 26.91%
• 5Y*: 13.80%
• 10Y*: 19.68%

RYUIX

• 1D: 0.20%
• 1M: -2.69%
• YTD: 7.44%
• 6M: 4.82%
• 1Y: 19.60%
• 3Y*: 13.45%
• 5Y*: 9.89%
• 10Y*: 8.31%

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

RYTNX vs. RYUIX - Expense Ratio Comparison

RYTNX has a 1.82% expense ratio, which is higher than RYUIX's 1.39% expense ratio.

RYTNX

Rydex S&P 500 2x Strategy Fund

RYUIX

Rydex Utilities Fund

Return for Risk

RYTNX vs. RYUIX — Risk / Return Rank

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

RYTNX

RYTNX Risk / Return Rank: 36
RYTNX Sharpe Ratio Rank: 25
RYTNX Sortino Ratio Rank: 32
RYTNX Omega Ratio Rank: 35
RYTNX Calmar Ratio Rank: 40
RYTNX Martin Ratio Rank: 45

RYUIX

RYUIX Risk / Return Rank: 65
RYUIX Sharpe Ratio Rank: 68
RYUIX Sortino Ratio Rank: 63
RYUIX Omega Ratio Rank: 55
RYUIX Calmar Ratio Rank: 88
RYUIX Martin Ratio Rank: 53

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.

RYTNX vs. RYUIX - Risk-Adjusted Trends Comparison

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

	RYTNX	RYUIX	Difference
Sharpe ratio Return per unit of total volatility	0.69	1.34	-0.66
Sortino ratio Return per unit of downside risk	1.19	1.82	-0.63
Omega ratio Gain probability vs. loss probability	1.18	1.25	-0.07
Calmar ratio Return relative to maximum drawdown	1.13	2.57	-1.45
Martin ratio Return relative to average drawdown	4.84	6.22	-1.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYTNX vs. RYUIX - Sharpe Ratio Comparison

The current RYTNX Sharpe Ratio is 0.69, which is lower than the RYUIX Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of RYTNX and RYUIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RYTNX	RYUIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.69	1.34	-0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.60	-0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.44	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.28	-0.06

Correlation

The correlation between RYTNX and RYUIX is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

RYTNX vs. RYUIX - Dividend Comparison

RYTNX's dividend yield for the trailing twelve months is around 5.35%, more than RYUIX's 1.74% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RYTNX Rydex S&P 500 2x Strategy Fund	5.35%	4.79%	5.45%	0.14%	0.00%	0.14%	0.69%	1.84%	0.00%	5.84%	0.16%	1.52%
RYUIX Rydex Utilities Fund	1.74%	1.87%	0.67%	3.16%	0.81%	2.61%	2.17%	0.91%	0.00%	2.61%	10.04%	1.62%

Drawdowns

RYTNX vs. RYUIX - Drawdown Comparison

The maximum RYTNX drawdown since its inception was -86.64%, which is greater than RYUIX's maximum drawdown of -63.29%. Use the drawdown chart below to compare losses from any high point for RYTNX and RYUIX.

Drawdown Indicators

	RYTNX	RYUIX	Difference
Max Drawdown Largest peak-to-trough decline	-86.64%	-63.29%	-23.35%
Max Drawdown (1Y) Largest decline over 1 year	-23.40%	-8.27%	-15.13%
Max Drawdown (5Y) Largest decline over 5 years	-47.01%	-24.28%	-22.73%
Max Drawdown (10Y) Largest decline over 10 years	-59.23%	-36.88%	-22.35%
Current Drawdown Current decline from peak	-13.68%	-3.34%	-10.34%
Average Drawdown Average peak-to-trough decline	-28.72%	-14.53%	-14.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.44%	3.42%	+2.02%

Volatility

RYTNX vs. RYUIX - Volatility Comparison

Rydex S&P 500 2x Strategy Fund (RYTNX) has a higher volatility of 10.67% compared to Rydex Utilities Fund (RYUIX) at 4.89%. This indicates that RYTNX's price experiences larger fluctuations and is considered to be riskier than RYUIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYTNX	RYUIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.67%	4.89%	+5.78%
Volatility (6M) Calculated over the trailing 6-month period	19.04%	9.57%	+9.47%
Volatility (1Y) Calculated over the trailing 1-year period	36.61%	15.05%	+21.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.77%	16.53%	+17.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.13%	18.88%	+17.25%