RYTPX vs. SHPIX
Compare and contrast key facts about Rydex Inverse S&P 500 2x Strategy Fund (RYTPX) and ProFunds Short Small Cap ProFund (SHPIX).
RYTPX is managed by Rydex Funds. It was launched on May 18, 2000. SHPIX is managed by ProFunds. It was launched on Apr 30, 2002.
Performance
RYTPX vs. SHPIX - Performance Comparison
Loading graphics...
RYTPX vs. SHPIX - 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% |
SHPIX ProFunds Short Small Cap ProFund | 2.74% | -9.61% | -8.36% | -11.01% | 16.39% | -19.78% | -31.60% | -20.89% | 9.96% | -14.49% |
Returns By Period
In the year-to-date period, RYTPX achieves a 16.72% return, which is significantly higher than SHPIX's 2.74% return. Over the past 10 years, RYTPX has underperformed SHPIX with an annualized return of -15.00%, while SHPIX has yielded a comparatively higher -11.86% 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%
SHPIX
- 1D
- 1.48%
- 1M
- 8.78%
- YTD
- 2.74%
- 6M
- 1.16%
- 1Y
- -16.75%
- 3Y*
- -8.22%
- 5Y*
- -3.92%
- 10Y*
- -11.86%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RYTPX vs. SHPIX - Expense Ratio Comparison
RYTPX has a 2.16% expense ratio, which is higher than SHPIX's 1.78% expense ratio.
Return for Risk
RYTPX vs. SHPIX — Risk / Return Rank
RYTPX
SHPIX
RYTPX vs. SHPIX - 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 ProFunds Short Small Cap ProFund (SHPIX). 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 | SHPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.66 | -0.71 | +0.05 |
Sortino ratioReturn per unit of downside risk | -0.77 | -0.90 | +0.12 |
Omega ratioGain probability vs. loss probability | 0.89 | 0.89 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | -0.42 | -0.42 | 0.00 |
Martin ratioReturn relative to average drawdown | -0.50 | -0.57 | +0.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RYTPX | SHPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.66 | -0.71 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.57 | -0.02 | -0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | -0.09 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | -0.15 | +0.10 |
Correlation
The correlation between RYTPX and SHPIX is 0.82, 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
RYTPX vs. SHPIX - Dividend Comparison
RYTPX's dividend yield for the trailing twelve months is around 4.41%, less than SHPIX's 14.75% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
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% |
SHPIX ProFunds Short Small Cap ProFund | 14.75% | 5.70% | 0.00% | 17.01% | 0.00% | 0.00% | 0.00% | 0.85% |
Drawdowns
RYTPX vs. SHPIX - Drawdown Comparison
The maximum RYTPX drawdown since its inception was -99.91%, roughly equal to the maximum SHPIX drawdown of -99.27%. Use the drawdown chart below to compare losses from any high point for RYTPX and SHPIX.
Loading graphics...
Drawdown Indicators
| RYTPX | SHPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.91% | -99.27% | -0.64% |
Max Drawdown (1Y)Largest decline over 1 year | -48.95% | -34.74% | -14.21% |
Max Drawdown (5Y)Largest decline over 5 years | -71.49% | -83.16% | +11.67% |
Max Drawdown (10Y)Largest decline over 10 years | -96.04% | -93.19% | -2.85% |
Current DrawdownCurrent decline from peak | -99.89% | -97.02% | -2.87% |
Average DrawdownAverage peak-to-trough decline | -82.21% | -77.77% | -4.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.96% | 25.32% | +15.64% |
Volatility
RYTPX vs. SHPIX - Volatility Comparison
Rydex Inverse S&P 500 2x Strategy Fund (RYTPX) has a higher volatility of 8.47% compared to ProFunds Short Small Cap ProFund (SHPIX) at 6.54%. This indicates that RYTPX's price experiences larger fluctuations and is considered to be riskier than SHPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RYTPX | SHPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.47% | 6.54% | +1.93% |
Volatility (6M)Calculated over the trailing 6-month period | 18.00% | 14.07% | +3.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.19% | 23.12% | +13.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.67% | 193.64% | -159.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 436.49% | 137.90% | +298.59% |