RYVYX vs. NVDA
Compare and contrast key facts about Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and NVIDIA Corporation (NVDA).
RYVYX is managed by Rydex Funds. It was launched on May 23, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYVYX or NVDA.
Correlation
The correlation between RYVYX and NVDA is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RYVYX vs. NVDA - Performance Comparison
Key characteristics
RYVYX:
1.06
NVDA:
3.01
RYVYX:
1.51
NVDA:
3.36
RYVYX:
1.20
NVDA:
1.42
RYVYX:
1.41
NVDA:
5.82
RYVYX:
4.75
NVDA:
18.12
RYVYX:
8.18%
NVDA:
8.69%
RYVYX:
36.76%
NVDA:
52.35%
RYVYX:
-98.21%
NVDA:
-89.73%
RYVYX:
-10.16%
NVDA:
-13.41%
Returns By Period
In the year-to-date period, RYVYX achieves a 37.58% return, which is significantly lower than NVDA's 160.36% return. Over the past 10 years, RYVYX has underperformed NVDA with an annualized return of 22.77%, while NVDA has yielded a comparatively higher 74.78% annualized return.
RYVYX
37.58%
0.44%
2.26%
37.44%
24.32%
22.77%
NVDA
160.36%
-8.01%
-4.90%
159.93%
85.29%
74.78%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
RYVYX vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and NVIDIA Corporation (NVDA). 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.
Dividends
RYVYX vs. NVDA - Dividend Comparison
RYVYX has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.02%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYVYX Rydex NASDAQ-100 2x Strategy Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% | 1.94% |
Drawdowns
RYVYX vs. NVDA - Drawdown Comparison
The maximum RYVYX drawdown since its inception was -98.21%, which is greater than NVDA's maximum drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for RYVYX and NVDA. For additional features, visit the drawdowns tool.
Volatility
RYVYX vs. NVDA - Volatility Comparison
Rydex NASDAQ-100 2x Strategy Fund (RYVYX) has a higher volatility of 12.64% compared to NVIDIA Corporation (NVDA) at 10.68%. This indicates that RYVYX's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.