RYTPX vs. RYVYX

Last updated Apr 1, 2026

Compare and contrast key facts about Rydex Inverse S&P 500 2x Strategy Fund (RYTPX) and Rydex NASDAQ-100 2x Strategy Fund (RYVYX).

RYTPX is managed by Rydex Funds. It was launched on May 18, 2000. RYVYX is managed by Rydex Funds. It was launched on May 23, 2000.

Performance

RYTPX vs. RYVYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Inverse S&P 500 2x Strategy Fund (RYTPX) and Rydex NASDAQ-100 2x Strategy Fund (RYVYX). The values are adjusted to include any dividend payments, if applicable.

RYTPX vs. RYVYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYTPX Rydex Inverse S&P 500 2x Strategy Fund	16.72%	-27.24%	-29.24%	-31.96%	29.31%	-43.38%	-50.05%	-41.84%	4.42%	-32.54%
RYVYX Rydex NASDAQ-100 2x Strategy Fund	-18.97%	29.54%	49.77%	116.15%	-60.57%	46.61%	88.38%	80.70%	-9.20%	68.67%

Returns By Period

In the year-to-date period, RYTPX achieves a 16.72% return, which is significantly higher than RYVYX's -18.97% return. Over the past 10 years, RYTPX has underperformed RYVYX with an annualized return of -15.00%, while RYVYX has yielded a comparatively higher 27.79% annualized return.

RYTPX

• 1D: 0.78%
• 1M: 16.95%
• YTD: 16.72%
• 6M: 12.84%
• 1Y: -22.90%
• 3Y*: -22.33%
• 5Y*: -19.19%
• 10Y*: -15.00%

RYVYX

• 1D: -1.54%
• 1M: -15.96%
• YTD: -18.97%
• 6M: -17.04%
• 1Y: 27.94%
• 3Y*: 33.91%
• 5Y*: 14.13%
• 10Y*: 27.79%

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

RYTPX vs. RYVYX - Expense Ratio Comparison

RYTPX has a 2.16% expense ratio, which is higher than RYVYX's 1.87% expense ratio.

RYTPX

Rydex Inverse S&P 500 2x Strategy Fund

RYVYX

Rydex NASDAQ-100 2x Strategy Fund

Return for Risk

RYTPX vs. RYVYX — Risk / Return Rank

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

RYTPX

RYTPX Risk / Return Rank: 2
RYTPX Sharpe Ratio Rank: 1
RYTPX Sortino Ratio Rank: 1
RYTPX Omega Ratio Rank: 1
RYTPX Calmar Ratio Rank: 2
RYTPX Martin Ratio Rank: 4

RYVYX

RYVYX Risk / Return Rank: 31
RYVYX Sharpe Ratio Rank: 26
RYVYX Sortino Ratio Rank: 36
RYVYX Omega Ratio Rank: 35
RYVYX Calmar Ratio Rank: 30
RYVYX Martin Ratio Rank: 26

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.

RYTPX vs. RYVYX - 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 NASDAQ-100 2x Strategy Fund (RYVYX). 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	RYVYX	Difference
Sharpe ratio Return per unit of total volatility	-0.66	0.62	-1.28
Sortino ratio Return per unit of downside risk	-0.77	1.17	-1.94
Omega ratio Gain probability vs. loss probability	0.89	1.17	-0.28
Calmar ratio Return relative to maximum drawdown	-0.42	0.83	-1.25
Martin ratio Return relative to average drawdown	-0.50	2.76	-3.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYTPX vs. RYVYX - Sharpe Ratio Comparison

The current RYTPX Sharpe Ratio is -0.66, which is lower than the RYVYX Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of RYTPX and RYVYX, 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

	RYTPX	RYVYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.66	0.62	-1.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.57	0.32	-0.89
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.03	0.62	-0.66
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	0.26	-0.31

Correlation

The correlation between RYTPX and RYVYX is -0.86. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

RYTPX vs. RYVYX - Dividend Comparison

RYTPX's dividend yield for the trailing twelve months is around 4.41%, less than RYVYX's 8.84% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RYTPX Rydex Inverse S&P 500 2x Strategy Fund	4.41%	5.15%	6.90%	3.35%	0.00%	0.00%	0.00%	0.23%	0.00%	0.00%	0.00%	0.00%
RYVYX Rydex NASDAQ-100 2x Strategy Fund	8.84%	7.16%	11.52%	0.00%	0.00%	1.23%	8.91%	5.19%	0.00%	14.19%	1.63%	21.29%

Drawdowns

RYTPX vs. RYVYX - Drawdown Comparison

The maximum RYTPX drawdown since its inception was -99.91%, roughly equal to the maximum RYVYX drawdown of -95.57%. Use the drawdown chart below to compare losses from any high point for RYTPX and RYVYX.

Drawdown Indicators

	RYTPX	RYVYX	Difference
Max Drawdown Largest peak-to-trough decline	-99.91%	-95.57%	-4.34%
Max Drawdown (1Y) Largest decline over 1 year	-48.95%	-25.39%	-23.56%
Max Drawdown (5Y) Largest decline over 5 years	-71.49%	-65.38%	-6.11%
Max Drawdown (10Y) Largest decline over 10 years	-96.04%	-65.38%	-30.66%
Current Drawdown Current decline from peak	-99.89%	-25.39%	-74.50%
Average Drawdown Average peak-to-trough decline	-82.21%	-49.49%	-32.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.96%	7.64%	+33.32%

Volatility

RYTPX vs. RYVYX - Volatility Comparison

The current volatility for Rydex Inverse S&P 500 2x Strategy Fund (RYTPX) is 8.47%, while Rydex NASDAQ-100 2x Strategy Fund (RYVYX) has a volatility of 10.85%. This indicates that RYTPX experiences smaller price fluctuations and is considered to be less risky than RYVYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYTPX	RYVYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.47%	10.85%	-2.38%
Volatility (6M) Calculated over the trailing 6-month period	18.00%	24.87%	-6.87%
Volatility (1Y) Calculated over the trailing 1-year period	36.19%	44.91%	-8.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.67%	45.06%	-11.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	436.49%	44.87%	+391.62%