RYTNX vs. SPUU
Compare and contrast key facts about Rydex S&P 500 2x Strategy Fund (RYTNX) and Direxion Daily S&P 500 Bull 2x Shares (SPUU).
RYTNX is managed by Rydex Funds. It was launched on May 18, 2000. SPUU is a passively managed fund by Direxion that tracks the performance of the S&P 500 Index (200%). It was launched on May 28, 2014.
Performance
RYTNX vs. SPUU - Performance Comparison
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RYTNX vs. SPUU - 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% |
SPUU Direxion Daily S&P 500 Bull 2x Shares | -8.72% | 26.55% | 44.25% | 47.28% | -38.72% | 61.27% | 21.85% | 66.84% | -14.59% | 44.33% |
Returns By Period
In the year-to-date period, RYTNX achieves a -10.47% return, which is significantly lower than SPUU's -8.72% return. Over the past 10 years, RYTNX has underperformed SPUU with an annualized return of 19.68%, while SPUU has yielded a comparatively higher 21.84% 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%
SPUU
- 1D
- 1.43%
- 1M
- -9.19%
- YTD
- -8.72%
- 6M
- -6.20%
- 1Y
- 28.11%
- 3Y*
- 29.46%
- 5Y*
- 16.19%
- 10Y*
- 21.84%
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RYTNX vs. SPUU - Expense Ratio Comparison
RYTNX has a 1.82% expense ratio, which is higher than SPUU's 0.64% expense ratio.
Return for Risk
RYTNX vs. SPUU — Risk / Return Rank
RYTNX
SPUU
RYTNX vs. SPUU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex S&P 500 2x Strategy Fund (RYTNX) and Direxion Daily S&P 500 Bull 2x Shares (SPUU). 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 | SPUU | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 0.78 | -0.09 |
Sortino ratioReturn per unit of downside risk | 1.19 | 1.29 | -0.11 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.19 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.13 | 1.25 | -0.13 |
Martin ratioReturn relative to average drawdown | 4.84 | 5.36 | -0.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RYTNX | SPUU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 0.78 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.49 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.61 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.56 | -0.34 |
Correlation
The correlation between RYTNX and SPUU is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
RYTNX vs. SPUU - Dividend Comparison
RYTNX's dividend yield for the trailing twelve months is around 5.35%, more than SPUU's 1.76% 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% |
SPUU Direxion Daily S&P 500 Bull 2x Shares | 1.76% | 1.63% | 0.55% | 0.83% | 0.88% | 3.04% | 8.03% | 1.80% | 5.50% | 6.96% | 8.08% | 4.42% |
Drawdowns
RYTNX vs. SPUU - Drawdown Comparison
The maximum RYTNX drawdown since its inception was -86.64%, which is greater than SPUU's maximum drawdown of -59.35%. Use the drawdown chart below to compare losses from any high point for RYTNX and SPUU.
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Drawdown Indicators
| RYTNX | SPUU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.64% | -59.35% | -27.29% |
Max Drawdown (1Y)Largest decline over 1 year | -23.40% | -23.10% | -0.30% |
Max Drawdown (5Y)Largest decline over 5 years | -47.01% | -46.59% | -0.42% |
Max Drawdown (10Y)Largest decline over 10 years | -59.23% | -59.35% | +0.12% |
Current DrawdownCurrent decline from peak | -13.68% | -12.15% | -1.53% |
Average DrawdownAverage peak-to-trough decline | -28.72% | -9.62% | -19.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.44% | 5.41% | +0.03% |
Volatility
RYTNX vs. SPUU - Volatility Comparison
Rydex S&P 500 2x Strategy Fund (RYTNX) and Direxion Daily S&P 500 Bull 2x Shares (SPUU) have volatilities of 10.67% and 10.73%, 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.
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Volatility by Period
| RYTNX | SPUU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.67% | 10.73% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 19.04% | 19.20% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.61% | 36.23% | +0.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.77% | 33.47% | +0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.13% | 35.72% | +0.41% |