RYVNX vs. RYNVX
Compare and contrast key facts about Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) and Rydex Nova Fund (RYNVX).
RYVNX is managed by Rydex Funds. It was launched on May 22, 2000. RYNVX is managed by Rydex Funds. It was launched on Jul 11, 1993.
Performance
RYVNX vs. RYNVX - Performance Comparison
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RYVNX vs. RYNVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYVNX Rydex Inverse NASDAQ-100 2x Strategy Fund | 12.89% | -35.24% | -34.30% | -57.09% | 65.14% | -45.41% | -69.71% | -50.05% | -9.71% | -44.28% |
RYNVX Rydex Nova Fund | -7.55% | 21.42% | 33.14% | 35.31% | -29.96% | 42.56% | 19.64% | 45.58% | -10.24% | 31.17% |
Returns By Period
In the year-to-date period, RYVNX achieves a 12.89% return, which is significantly higher than RYNVX's -7.55% return. Over the past 10 years, RYVNX has underperformed RYNVX with an annualized return of -35.98%, while RYNVX has yielded a comparatively higher 16.69% annualized return.
RYVNX
- 1D
- -6.79%
- 1M
- 10.02%
- YTD
- 12.89%
- 6M
- 8.73%
- 1Y
- -36.90%
- 3Y*
- -32.78%
- 5Y*
- -26.83%
- 10Y*
- -35.98%
RYNVX
- 1D
- 4.35%
- 1M
- -7.82%
- YTD
- -7.55%
- 6M
- -5.46%
- 1Y
- 20.66%
- 3Y*
- 22.42%
- 5Y*
- 12.78%
- 10Y*
- 16.69%
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RYVNX vs. RYNVX - Expense Ratio Comparison
RYVNX has a 2.49% expense ratio, which is higher than RYNVX's 1.23% expense ratio.
Return for Risk
RYVNX vs. RYNVX — Risk / Return Rank
RYVNX
RYNVX
RYVNX vs. RYNVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) and Rydex Nova Fund (RYNVX). 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.
| RYVNX | RYNVX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.84 | 0.78 | -1.62 |
Sortino ratioReturn per unit of downside risk | -1.07 | 1.26 | -2.34 |
Omega ratioGain probability vs. loss probability | 0.85 | 1.19 | -0.34 |
Calmar ratioReturn relative to maximum drawdown | -0.64 | 1.25 | -1.89 |
Martin ratioReturn relative to average drawdown | -0.77 | 5.59 | -6.36 |
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
| RYVNX | RYNVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.84 | 0.78 | -1.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.60 | 0.50 | -1.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.80 | 0.61 | -1.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.60 | 0.39 | -0.99 |
Correlation
The correlation between RYVNX and RYNVX is -0.88. 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
RYVNX vs. RYNVX - Dividend Comparison
RYVNX's dividend yield for the trailing twelve months is around 9.41%, more than RYNVX's 0.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYVNX Rydex Inverse NASDAQ-100 2x Strategy Fund | 9.41% | 10.62% | 6.03% | 4.56% | 0.00% | 0.00% | 0.25% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% |
RYNVX Rydex Nova Fund | 0.82% | 0.76% | 0.66% | 0.59% | 22.11% | 9.07% | 0.53% | 0.00% | 0.00% | 1.97% | 1.22% | 0.13% |
Drawdowns
RYVNX vs. RYNVX - Drawdown Comparison
The maximum RYVNX drawdown since its inception was -100.00%, which is greater than RYNVX's maximum drawdown of -76.54%. Use the drawdown chart below to compare losses from any high point for RYVNX and RYNVX.
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Drawdown Indicators
| RYVNX | RYNVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -76.54% | -23.46% |
Max Drawdown (1Y)Largest decline over 1 year | -58.82% | -17.91% | -40.91% |
Max Drawdown (5Y)Largest decline over 5 years | -84.44% | -40.92% | -43.52% |
Max Drawdown (10Y)Largest decline over 10 years | -99.16% | -48.58% | -50.58% |
Current DrawdownCurrent decline from peak | -99.99% | -10.09% | -89.90% |
Average DrawdownAverage peak-to-trough decline | -89.49% | -19.72% | -69.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.31% | 3.99% | +45.32% |
Volatility
RYVNX vs. RYNVX - Volatility Comparison
Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) has a higher volatility of 13.20% compared to Rydex Nova Fund (RYNVX) at 8.01%. This indicates that RYVNX's price experiences larger fluctuations and is considered to be riskier than RYNVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYVNX | RYNVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.20% | 8.01% | +5.19% |
Volatility (6M)Calculated over the trailing 6-month period | 25.61% | 14.28% | +11.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.46% | 27.47% | +17.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.18% | 25.96% | +19.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.98% | 27.36% | +17.62% |