RYVYX vs. QLD
RYVYX (Rydex NASDAQ-100 2x Strategy Fund) and QLD (ProShares Ultra QQQ) are both Leveraged Equities funds. Over the past 10 years, RYVYX returned 31.83%/yr vs 33.47%/yr for QLD. Their 0.99 correlation means they have historically moved very closely together. RYVYX charges 1.87%/yr vs 0.95%/yr for QLD.
Performance
RYVYX vs. QLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RYVYX achieves a 22.59% return, which is significantly lower than QLD's 31.43% return. Over the past 10 years, RYVYX has underperformed QLD with an annualized return of 31.83%, while QLD has yielded a comparatively higher 33.47% annualized return.
RYVYX
- 1D
- 3.52%
- 1M
- -4.64%
- 6M
- 22.61%
- YTD
- 22.59%
- 1Y
- 40.82%
- 3Y*
- 40.75%
- 5Y*
- 17.44%
- 10Y*
- 31.83%
- ALL TIME*
- 15.02%
QLD
- 1D
- 6.74%
- 1M
- 2.04%
- 6M
- 31.34%
- YTD
- 31.43%
- 1Y
- 51.55%
- 3Y*
- 42.34%
- 5Y*
- 19.16%
- 10Y*
- 33.47%
- ALL TIME*
- 25.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $439.83M | $394.41M | $441.82M | |
| $0.00 | $0.00 | $0.00 |
RYVYX vs. QLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYVYX Rydex NASDAQ-100 2x Strategy Fund | 22.59% | 29.54% | 49.77% | 116.15% | -60.57% | 46.61% | 88.38% | 80.70% | -9.20% | 68.67% |
QLD ProShares Ultra QQQ | 31.43% | 30.36% | 42.82% | 117.72% | -60.52% | 54.67% | 88.90% | 81.69% | -8.31% | 70.34% |
Correlation
The correlation between RYVYX and QLD is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.99 |
Correlation (3Y) Balances recent behavior with more history. | 0.99 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.99 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.99 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2006 | 0.99 |
The correlation between RYVYX and QLD has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RYVYX vs. QLD — Risk / Return Rank
RYVYX
QLD
RYVYX vs. QLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and ProShares Ultra QQQ (QLD). 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.
| RYVYX | QLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.23 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.82 | 2.06 | -0.24 |
| Martin ratioReturn relative to average drawdown | 5.36 | 6.06 | -0.70 |
Loading charts...
Drawdowns
RYVYX vs. QLD - Drawdown Comparison
The maximum RYVYX drawdown since its inception was -95.57%, which is greater than QLD's maximum drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for RYVYX and QLD.
Loading charts...
Drawdown Indicators
| RYVYX | QLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.57% | -83.13% | -12.44% |
Max Drawdown (1Y)Largest decline over 1 year | -25.39% | -25.13% | -0.26% |
Max Drawdown (3Y)Largest decline over 3 years | -42.48% | -42.29% | -0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -65.38% | -63.68% | -1.70% |
Max Drawdown (10Y)Largest decline over 10 years | -65.38% | -63.68% | -1.70% |
Current DrawdownCurrent decline from peak | -13.90% | -7.97% | -5.93% |
Average DrawdownAverage peak-to-trough decline | -48.91% | -18.10% | -30.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.60% | 8.53% | +0.07% |
Volatility
RYVYX vs. QLD - Volatility Comparison
The current volatility for Rydex NASDAQ-100 2x Strategy Fund (RYVYX) is 13.82%, while ProShares Ultra QQQ (QLD) has a volatility of 15.17%. This indicates that RYVYX experiences smaller price fluctuations and is considered to be less risky than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RYVYX | QLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.82% | 15.17% | -1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 32.05% | 32.66% | -0.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.67% | 39.07% | -0.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.13% | 45.90% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.43% | 45.04% | +0.39% |
RYVYX vs. QLD - Expense Ratio Comparison
RYVYX has a 1.87% expense ratio, which is higher than QLD's 0.95% expense ratio.
Dividends
RYVYX vs. QLD - Dividend Comparison
RYVYX's dividend yield for the trailing twelve months is around 5.84%, more than QLD's 0.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QLD ProShares Ultra QQQ | 0.13% | 0.17% | 0.25% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.21% | 0.11% |
RYVYX Rydex NASDAQ-100 2x Strategy Fund | 5.84% | 7.16% | 11.52% | 0.00% | 0.00% | 1.23% | 8.91% | 5.19% | 0.00% | 14.19% | 1.63% | 21.29% |
Frequently Asked Questions
With a correlation of 0.99, RYVYX and QLD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
QLD has higher volatility (15.17%) compared to RYVYX (13.82%). In terms of maximum drawdown, RYVYX dropped -95.57% vs QLD's -83.13%.
QLD currently has the higher Sharpe Ratio (1.33 vs 1.20), 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.
Find the right allocation for RYVYX and QLD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer