RYTPX vs. RYGBX
Compare and contrast key facts about Rydex Inverse S&P 500 2x Strategy Fund (RYTPX) and Rydex Government Long Bond 1.2x Strategy Fund (RYGBX).
RYTPX is managed by Rydex Funds. It was launched on May 18, 2000. RYGBX is managed by Rydex Funds. It was launched on Jan 2, 1994.
Performance
RYTPX vs. RYGBX - Performance Comparison
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RYTPX vs. RYGBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYTPX Rydex Inverse S&P 500 2x Strategy Fund | 9.95% | -27.24% | -29.24% | -31.96% | 29.31% | -43.38% | -50.05% | -41.84% | 4.42% | -32.54% |
RYGBX Rydex Government Long Bond 1.2x Strategy Fund | -1.11% | 2.19% | -12.81% | -1.05% | -40.90% | -7.28% | 21.93% | 17.50% | -5.20% | 9.93% |
Returns By Period
In the year-to-date period, RYTPX achieves a 9.95% return, which is significantly higher than RYGBX's -1.11% return. Over the past 10 years, RYTPX has underperformed RYGBX with an annualized return of -15.51%, while RYGBX has yielded a comparatively higher -4.33% annualized return.
RYTPX
- 1D
- -5.80%
- 1M
- 10.13%
- YTD
- 9.95%
- 6M
- 7.03%
- 1Y
- -26.85%
- 3Y*
- -23.86%
- 5Y*
- -19.78%
- 10Y*
- -15.51%
RYGBX
- 1D
- -0.17%
- 1M
- -4.16%
- YTD
- -1.11%
- 6M
- -2.44%
- 1Y
- -4.34%
- 3Y*
- -6.59%
- 5Y*
- -10.30%
- 10Y*
- -4.33%
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RYTPX vs. RYGBX - Expense Ratio Comparison
RYTPX has a 2.16% expense ratio, which is higher than RYGBX's 0.99% expense ratio.
Return for Risk
RYTPX vs. RYGBX — Risk / Return Rank
RYTPX
RYGBX
RYTPX vs. RYGBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse S&P 500 2x Strategy Fund (RYTPX) and Rydex Government Long Bond 1.2x Strategy Fund (RYGBX). 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.
| RYTPX | RYGBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.75 | -0.25 | -0.50 |
Sortino ratioReturn per unit of downside risk | -0.93 | -0.25 | -0.68 |
Omega ratioGain probability vs. loss probability | 0.87 | 0.97 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | -0.58 | -0.17 | -0.41 |
Martin ratioReturn relative to average drawdown | -0.69 | -0.32 | -0.36 |
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
| RYTPX | RYGBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.75 | -0.25 | -0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.59 | -0.52 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.04 | -0.22 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.08 | -0.13 |
Correlation
The correlation between RYTPX and RYGBX is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
RYTPX vs. RYGBX - Dividend Comparison
RYTPX's dividend yield for the trailing twelve months is around 4.68%, more than RYGBX's 3.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYTPX Rydex Inverse S&P 500 2x Strategy Fund | 4.68% | 5.15% | 6.90% | 3.35% | 0.00% | 0.00% | 0.00% | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% |
RYGBX Rydex Government Long Bond 1.2x Strategy Fund | 3.51% | 3.59% | 2.89% | 2.70% | 1.69% | 0.71% | 46.47% | 5.00% | 1.51% | 1.45% | 5.62% | 2.07% |
Drawdowns
RYTPX vs. RYGBX - Drawdown Comparison
The maximum RYTPX drawdown since its inception was -99.91%, which is greater than RYGBX's maximum drawdown of -62.42%. Use the drawdown chart below to compare losses from any high point for RYTPX and RYGBX.
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Drawdown Indicators
| RYTPX | RYGBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.91% | -62.42% | -37.49% |
Max Drawdown (1Y)Largest decline over 1 year | -48.95% | -11.73% | -37.22% |
Max Drawdown (5Y)Largest decline over 5 years | -71.49% | -55.36% | -16.13% |
Max Drawdown (10Y)Largest decline over 10 years | -96.04% | -62.42% | -33.62% |
Current DrawdownCurrent decline from peak | -99.89% | -58.85% | -41.04% |
Average DrawdownAverage peak-to-trough decline | -82.21% | -19.31% | -62.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.04% | 6.15% | +34.89% |
Volatility
RYTPX vs. RYGBX - Volatility Comparison
Rydex Inverse S&P 500 2x Strategy Fund (RYTPX) has a higher volatility of 10.81% compared to Rydex Government Long Bond 1.2x Strategy Fund (RYGBX) at 4.24%. This indicates that RYTPX's price experiences larger fluctuations and is considered to be riskier than RYGBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYTPX | RYGBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.81% | 4.24% | +6.57% |
Volatility (6M)Calculated over the trailing 6-month period | 18.98% | 7.69% | +11.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.57% | 13.47% | +23.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.77% | 19.83% | +13.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 436.50% | 19.36% | +417.14% |