RYTNX vs. VOO
Compare and contrast key facts about Rydex S&P 500 2x Strategy Fund (RYTNX) and Vanguard S&P 500 ETF (VOO).
RYTNX is managed by Rydex Funds. It was launched on May 18, 2000. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYTNX or VOO.
Correlation
The correlation between RYTNX and VOO is 0.99, 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.
Performance
RYTNX vs. VOO - Performance Comparison
Key characteristics
RYTNX:
1.62
VOO:
2.21
RYTNX:
2.09
VOO:
2.92
RYTNX:
1.29
VOO:
1.41
RYTNX:
2.54
VOO:
3.34
RYTNX:
8.57
VOO:
14.07
RYTNX:
4.98%
VOO:
2.01%
RYTNX:
26.30%
VOO:
12.80%
RYTNX:
-89.80%
VOO:
-33.99%
RYTNX:
-8.28%
VOO:
-1.36%
Returns By Period
In the year-to-date period, RYTNX achieves a 3.57% return, which is significantly higher than VOO's 1.98% return. Over the past 10 years, RYTNX has outperformed VOO with an annualized return of 17.56%, while VOO has yielded a comparatively lower 13.52% annualized return.
RYTNX
3.57%
3.64%
9.21%
40.22%
16.72%
17.56%
VOO
1.98%
2.24%
9.59%
27.12%
14.29%
13.52%
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RYTNX vs. VOO - Expense Ratio Comparison
RYTNX has a 1.82% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
RYTNX vs. VOO — Risk-Adjusted Performance Rank
RYTNX
VOO
RYTNX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex S&P 500 2x Strategy Fund (RYTNX) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
RYTNX vs. VOO - Dividend Comparison
RYTNX's dividend yield for the trailing twelve months is around 0.36%, less than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYTNX Rydex S&P 500 2x Strategy Fund | 0.36% | 0.37% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
RYTNX vs. VOO - Drawdown Comparison
The maximum RYTNX drawdown since its inception was -89.80%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RYTNX and VOO. For additional features, visit the drawdowns tool.
Volatility
RYTNX vs. VOO - Volatility Comparison
Rydex S&P 500 2x Strategy Fund (RYTNX) has a higher volatility of 10.10% compared to Vanguard S&P 500 ETF (VOO) at 5.05%. This indicates that RYTNX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.