RYVNX vs. SPXL

The year-to-date returns for both stocks are quite close, with RYVNX having a -10.09% return and SPXL slightly lower at -10.41%. Over the past 10 years, RYVNX has underperformed SPXL with an annualized return of -35.77%, while SPXL has yielded a comparatively higher 21.33% annualized return.

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RYVNX has a 2.49% expense ratio, which is higher than SPXL's 1.02% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) and Direxion Daily S&P 500 Bull 3X Shares (SPXL). 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.

The current RYVNX Sharpe Ratio is -0.63, which is lower than the SPXL Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of RYVNX and SPXL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

RYVNX's dividend yield for the trailing twelve months is around 6.71%, more than SPXL's 0.89% yield.

The maximum RYVNX drawdown since its inception was -99.99%, which is greater than SPXL's maximum drawdown of -76.86%. Use the drawdown chart below to compare losses from any high point for RYVNX and SPXL. For additional features, visit the drawdowns tool.

The current volatility for Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) is 15.23%, while Direxion Daily S&P 500 Bull 3X Shares (SPXL) has a volatility of 18.50%. This indicates that RYVNX experiences smaller price fluctuations and is considered to be less risky than SPXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.