RYVNX vs. DRCVX

Last updated Aug 1, 2026

RYVNX (Rydex Inverse NASDAQ-100 2x Strategy Fund) and DRCVX (Comstock Capital Value Fund) are both Inverse Equities funds. Over the past 10 years, RYVNX returned -37.52%/yr vs -3.72%/yr for DRCVX. Their 0.63 correlation means they have sometimes moved together and sometimes differently. RYVNX charges 2.49%/yr vs 0.00%/yr for DRCVX.

Performance

RYVNX vs. DRCVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) and Comstock Capital Value Fund (DRCVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RYVNX achieves a -22.02% return, which is significantly lower than DRCVX's 3.17% return. Over the past 10 years, RYVNX has underperformed DRCVX with an annualized return of -37.52%, while DRCVX has yielded a comparatively higher -3.72% annualized return.

RYVNX

• 1D: -6.50%
• 1M: 8.24%
• 6M: -20.47%
• YTD: -22.02%
• 1Y: -36.09%
• 3Y*: -33.31%
• 5Y*: -28.38%
• 10Y*: -37.52%
• ALL TIME*: -31.17%

DRCVX

• 1D: 0.00%
• 1M: -0.44%
• 6M: 2.93%
• YTD: 3.17%
• 1Y: 6.88%
• 3Y*: 6.82%
• 5Y*: 5.26%
• 10Y*: -3.72%
• ALL TIME*: -0.82%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DRCVX Comstock Capital Value Fund	$0.00	$0.00	$0.00
RYVNX Rydex Inverse NASDAQ-100 2x Strategy Fund	$0.00	$0.00	$0.00

RYVNX vs. DRCVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYVNX Rydex Inverse NASDAQ-100 2x Strategy Fund	-22.02%	-35.24%	-34.30%	-57.09%	65.14%	-45.41%	-69.71%	-50.05%	-9.71%	-44.28%
DRCVX Comstock Capital Value Fund	3.17%	11.55%	2.02%	6.55%	4.13%	-2.16%	-5.36%	-25.76%	7.76%	-20.58%

Correlation

The correlation between RYVNX and DRCVX is -0.36, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.36
Correlation (3Y) Balances recent behavior with more history.	-0.44
Correlation (5Y) Shows whether the relationship held over a longer period.	-0.48
Correlation (10Y) Provides a long-term view across more market conditions.	0.07
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001	0.63

The correlation between RYVNX and DRCVX shifts across timeframes, from -0.48 (5 years) to 0.63 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RYVNX vs. DRCVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RYVNX

RYVNX Risk / Return Rank: 0
RYVNX Sharpe Ratio Rank: 0
RYVNX Sortino Ratio Rank: 0
RYVNX Omega Ratio Rank: 1
RYVNX Calmar Ratio Rank: 0
RYVNX Martin Ratio Rank: 0

DRCVX

DRCVX Risk / Return Rank: 94
DRCVX Sharpe Ratio Rank: 90
DRCVX Sortino Ratio Rank: 93
DRCVX Omega Ratio Rank: 92
DRCVX Calmar Ratio Rank: 98
DRCVX Martin Ratio Rank: 98

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RYVNX vs. DRCVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) and Comstock Capital Value Fund (DRCVX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RYVNX	DRCVX	Difference
Sharpe ratio: Return per unit of total volatility	-0.85	2.28	-3.13
Sortino ratio: Return per unit of downside risk	-1.17	3.64	-4.81
Omega ratio: Gain probability vs. loss probability	0.87	1.52	-0.65
Calmar ratio: Return relative to maximum drawdown	-0.73	7.17	-7.90
Martin ratio: Return relative to average drawdown	-1.33	25.00	-26.34

RYVNX vs. DRCVX - Sharpe Ratio Comparison

The current RYVNX Sharpe Ratio is -0.85, which is lower than the DRCVX Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of RYVNX and DRCVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RYVNX vs. DRCVX - Drawdown Comparison

The maximum RYVNX drawdown since its inception was -100.00%, roughly equal to the maximum DRCVX drawdown of -97.47%. Use the drawdown chart below to compare losses from any high point for RYVNX and DRCVX.

Drawdown Indicators

	RYVNX	DRCVX	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-97.47%	-2.53%
Max Drawdown (1Y) Largest decline over 1 year	-45.22%	-0.89%	-44.33%
Max Drawdown (3Y) Largest decline over 3 years	-79.81%	-3.82%	-75.99%
Max Drawdown (5Y) Largest decline over 5 years	-88.89%	-4.08%	-84.81%
Max Drawdown (10Y) Largest decline over 10 years	-99.24%	-49.21%	-50.03%
Current Drawdown Current decline from peak	-100.00%	-96.61%	-3.39%
Average Drawdown Average peak-to-trough decline	-89.62%	-66.00%	-23.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.59%	0.26%	+24.33%

Volatility

RYVNX vs. DRCVX - Volatility Comparison

Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) has a higher volatility of 13.77% compared to Comstock Capital Value Fund (DRCVX) at 0.74%. This indicates that RYVNX's price experiences larger fluctuations and is considered to be riskier than DRCVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYVNX	DRCVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.77%	0.74%	+13.03%
Volatility (6M) Calculated over the trailing 6-month period	32.02%	1.95%	+30.07%
Volatility (1Y) Calculated over the trailing 1-year period	38.72%	2.81%	+35.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.13%	4.59%	+41.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.47%	9.42%	+36.05%

RYVNX vs. DRCVX - Expense Ratio Comparison

RYVNX has a 2.49% expense ratio, which is higher than DRCVX's 0.00% expense ratio.

Dividends

RYVNX vs. DRCVX - Dividend Comparison

RYVNX's dividend yield for the trailing twelve months is around 13.62%, more than DRCVX's 1.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DRCVX Comstock Capital Value Fund	1.90%	1.96%	0.00%	1.71%	0.00%	0.00%	0.00%	0.00%
RYVNX Rydex Inverse NASDAQ-100 2x Strategy Fund	13.62%	10.62%	6.03%	4.56%	0.00%	0.00%	0.25%	0.03%

Frequently Asked Questions

Can I hold both RYVNX and DRCVX in my portfolio?

RYVNX and DRCVX have a correlation of -0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYVNX or DRCVX?

RYVNX has higher volatility (13.77%) compared to DRCVX (0.74%). In terms of maximum drawdown, RYVNX dropped -100.00% vs DRCVX's -97.47%.

Which has better risk-adjusted returns?

DRCVX currently has the higher Sharpe Ratio (2.28 vs -0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.