RYVYX vs. RMQAX
Compare and contrast key facts about Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX).
RYVYX is managed by Rydex Funds. It was launched on May 23, 2000. RMQAX is managed by Rydex Funds. It was launched on Nov 27, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYVYX or RMQAX.
Key characteristics
| RYVYX | RMQAX | |
|---|---|---|
| YTD Return | 41.95% | 44.61% |
| 1Y Return | 59.17% | 56.03% |
| 3Y Return (Ann) | 4.85% | 6.16% |
| 5Y Return (Ann) | 25.85% | 31.02% |
| Sharpe Ratio | 1.70 | 1.61 |
| Sortino Ratio | 2.20 | 2.11 |
| Omega Ratio | 1.30 | 1.28 |
| Calmar Ratio | 1.89 | 2.05 |
| Martin Ratio | 7.33 | 7.38 |
| Ulcer Index | 8.09% | 7.61% |
| Daily Std Dev | 34.82% | 34.98% |
| Max Drawdown | -98.21% | -63.96% |
| Current Drawdown | -2.17% | -2.03% |
Correlation
The correlation between RYVYX and RMQAX is 0.99, 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. RMQAX - Performance Comparison
In the year-to-date period, RYVYX achieves a 41.95% return, which is significantly lower than RMQAX's 44.61% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RYVYX vs. RMQAX - Expense Ratio Comparison
RYVYX has a 1.87% expense ratio, which is higher than RMQAX's 1.32% expense ratio.
Risk-Adjusted Performance
RYVYX vs. RMQAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX). 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. RMQAX - Dividend Comparison
RYVYX has not paid dividends to shareholders, while RMQAX's dividend yield for the trailing twelve months is around 0.09%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
RYVYX Rydex NASDAQ-100 2x Strategy Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 0.09% | 0.14% | 0.00% | 0.00% | 0.00% | 0.10% |
Drawdowns
RYVYX vs. RMQAX - Drawdown Comparison
The maximum RYVYX drawdown since its inception was -98.21%, which is greater than RMQAX's maximum drawdown of -63.96%. Use the drawdown chart below to compare losses from any high point for RYVYX and RMQAX. For additional features, visit the drawdowns tool.
Volatility
RYVYX vs. RMQAX - Volatility Comparison
Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) have volatilities of 9.95% and 9.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.