RYVNX vs. SHPIX
Compare and contrast key facts about Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) and ProFunds Short Small Cap ProFund (SHPIX).
RYVNX is managed by Rydex Funds. It was launched on May 22, 2000. SHPIX is managed by ProFunds. It was launched on Apr 30, 2002.
Performance
RYVNX vs. SHPIX - Performance Comparison
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RYVNX vs. SHPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYVNX Rydex Inverse NASDAQ-100 2x Strategy Fund | 21.11% | -35.24% | -34.30% | -57.09% | 65.14% | -45.41% | -69.71% | -50.05% | -9.71% | -44.28% |
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, RYVNX achieves a 21.11% return, which is significantly higher than SHPIX's 2.74% return. Over the past 10 years, RYVNX has underperformed SHPIX with an annualized return of -35.53%, while SHPIX has yielded a comparatively higher -11.86% annualized return.
RYVNX
- 1D
- 1.54%
- 1M
- 17.79%
- YTD
- 21.11%
- 6M
- 15.51%
- 1Y
- -33.38%
- 3Y*
- -31.18%
- 5Y*
- -26.34%
- 10Y*
- -35.53%
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%
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RYVNX vs. SHPIX - Expense Ratio Comparison
RYVNX has a 2.49% expense ratio, which is higher than SHPIX's 1.78% expense ratio.
Return for Risk
RYVNX vs. SHPIX — Risk / Return Rank
RYVNX
SHPIX
RYVNX vs. SHPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) 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.
| RYVNX | SHPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.74 | -0.71 | -0.04 |
Sortino ratioReturn per unit of downside risk | -0.89 | -0.90 | +0.01 |
Omega ratioGain probability vs. loss probability | 0.87 | 0.89 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | -0.51 | -0.42 | -0.09 |
Martin ratioReturn relative to average drawdown | -0.60 | -0.57 | -0.03 |
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 | SHPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.74 | -0.71 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.59 | -0.02 | -0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.79 | -0.09 | -0.71 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.60 | -0.15 | -0.45 |
Correlation
The correlation between RYVNX and SHPIX is 0.77, 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
RYVNX vs. SHPIX - Dividend Comparison
RYVNX's dividend yield for the trailing twelve months is around 8.77%, less than SHPIX's 14.75% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RYVNX Rydex Inverse NASDAQ-100 2x Strategy Fund | 8.77% | 10.62% | 6.03% | 4.56% | 0.00% | 0.00% | 0.25% | 0.03% |
SHPIX ProFunds Short Small Cap ProFund | 14.75% | 5.70% | 0.00% | 17.01% | 0.00% | 0.00% | 0.00% | 0.85% |
Drawdowns
RYVNX vs. SHPIX - Drawdown Comparison
The maximum RYVNX drawdown since its inception was -100.00%, roughly equal to the maximum SHPIX drawdown of -99.27%. Use the drawdown chart below to compare losses from any high point for RYVNX and SHPIX.
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Drawdown Indicators
| RYVNX | SHPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -99.27% | -0.73% |
Max Drawdown (1Y)Largest decline over 1 year | -58.82% | -34.74% | -24.08% |
Max Drawdown (5Y)Largest decline over 5 years | -84.44% | -83.16% | -1.28% |
Max Drawdown (10Y)Largest decline over 10 years | -99.16% | -93.19% | -5.97% |
Current DrawdownCurrent decline from peak | -99.99% | -97.02% | -2.97% |
Average DrawdownAverage peak-to-trough decline | -89.49% | -77.77% | -11.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.21% | 25.32% | +23.89% |
Volatility
RYVNX vs. SHPIX - Volatility Comparison
Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) has a higher volatility of 10.66% compared to ProFunds Short Small Cap ProFund (SHPIX) at 6.54%. This indicates that RYVNX'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.
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Volatility by Period
| RYVNX | SHPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.66% | 6.54% | +4.12% |
Volatility (6M)Calculated over the trailing 6-month period | 24.61% | 14.07% | +10.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.06% | 23.12% | +21.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.09% | 193.64% | -148.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.94% | 137.90% | -92.96% |