RYVYX vs. QQQ
Compare and contrast key facts about Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and Invesco QQQ (QQQ).
RYVYX is managed by Rydex Funds. It was launched on May 23, 2000. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYVYX or QQQ.
Correlation
The correlation between RYVYX and QQQ is 0.98, 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.
Performance
RYVYX vs. QQQ - Performance Comparison
Key characteristics
RYVYX:
1.01
QQQ:
1.49
RYVYX:
1.47
QQQ:
2.02
RYVYX:
1.19
QQQ:
1.27
RYVYX:
1.44
QQQ:
2.00
RYVYX:
4.38
QQQ:
6.96
RYVYX:
8.64%
QQQ:
3.89%
RYVYX:
37.35%
QQQ:
18.18%
RYVYX:
-98.21%
QQQ:
-82.98%
RYVYX:
-5.07%
QQQ:
-0.87%
Returns By Period
In the year-to-date period, RYVYX achieves a 8.00% return, which is significantly higher than QQQ's 4.19% return. Over the past 10 years, RYVYX has outperformed QQQ with an annualized return of 23.55%, while QQQ has yielded a comparatively lower 18.71% annualized return.
RYVYX
8.00%
0.19%
22.15%
35.25%
23.20%
23.55%
QQQ
4.19%
0.51%
16.58%
25.83%
19.89%
18.71%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RYVYX vs. QQQ - Expense Ratio Comparison
RYVYX has a 1.87% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
RYVYX vs. QQQ — Risk-Adjusted Performance Rank
RYVYX
QQQ
RYVYX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and Invesco QQQ (QQQ). 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. QQQ - Dividend Comparison
RYVYX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
RYVYX vs. QQQ - Drawdown Comparison
The maximum RYVYX drawdown since its inception was -98.21%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for RYVYX and QQQ. For additional features, visit the drawdowns tool.
Volatility
RYVYX vs. QQQ - Volatility Comparison
Rydex NASDAQ-100 2x Strategy Fund (RYVYX) has a higher volatility of 10.97% compared to Invesco QQQ (QQQ) at 5.37%. This indicates that RYVYX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.