RYVYX vs. RMQAX

Last updated Aug 1, 2026

RYVYX (Rydex NASDAQ-100 2x Strategy Fund) and RMQAX (Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund) are both Leveraged Equities funds from Rydex Funds. Over the past 10 years, RYVYX returned 31.42%/yr vs 33.71%/yr for RMQAX. Their 1.00 correlation means they have historically moved very closely together. RYVYX charges 1.87%/yr vs 1.32%/yr for RMQAX.

Performance

RYVYX vs. RMQAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with RYVYX having a 17.04% return and RMQAX slightly lower at 16.20%. Over the past 10 years, RYVYX has underperformed RMQAX with an annualized return of 31.42%, while RMQAX has yielded a comparatively higher 33.71% annualized return.

RYVYX

• 1D: 6.64%
• 1M: -8.96%
• 6M: 14.99%
• YTD: 17.04%
• 1Y: 39.40%
• 3Y*: 35.68%
• 5Y*: 16.73%
• 10Y*: 31.42%
• ALL TIME*: 14.82%

RMQAX

• 1D: 7.48%
• 1M: -8.91%
• 6M: 13.97%
• YTD: 16.20%
• 1Y: 39.46%
• 3Y*: 35.28%
• 5Y*: 17.97%
• 10Y*: 33.71%
• ALL TIME*: 31.32%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund	$0.00	$0.00	$0.00
RYVYX Rydex NASDAQ-100 2x Strategy Fund	$0.00	$0.00	$0.00

RYVYX vs. RMQAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RYVYX Rydex NASDAQ-100 2x Strategy Fund	17.04%	29.54%	49.77%	116.15%	-60.57%	46.61%	88.38%	80.70%	-9.20%	68.67%
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund	16.20%	33.92%	44.76%	115.91%	-59.93%	56.36%	101.06%	80.80%	-7.28%	69.80%

Correlation

The correlation between RYVYX and RMQAX is 1.00 - 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.	1.00
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.	1.00
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	1.00

The correlation between RYVYX and RMQAX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

Return for Risk

RYVYX vs. RMQAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RYVYX

RYVYX Risk / Return Rank: 27
RYVYX Sharpe Ratio Rank: 25
RYVYX Sortino Ratio Rank: 27
RYVYX Omega Ratio Rank: 27
RYVYX Calmar Ratio Rank: 30
RYVYX Martin Ratio Rank: 27

RMQAX

RMQAX Risk / Return Rank: 28
RMQAX Sharpe Ratio Rank: 25
RMQAX Sortino Ratio Rank: 27
RMQAX Omega Ratio Rank: 27
RMQAX Calmar Ratio Rank: 30
RMQAX Martin Ratio Rank: 29

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RYVYX vs. RMQAX - Risk-Adjusted Trends 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.

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	RMQAX	Difference
Sharpe ratio: Return per unit of total volatility	0.84	0.83	+0.01
Sortino ratio: Return per unit of downside risk	1.32	1.32	0.00
Omega ratio: Gain probability vs. loss probability	1.16	1.16	0.00
Calmar ratio: Return relative to maximum drawdown	1.28	1.31	-0.03
Martin ratio: Return relative to average drawdown	3.82	4.05	-0.23

RYVYX vs. RMQAX - Sharpe Ratio Comparison

The current RYVYX Sharpe Ratio is 0.84, which is comparable to the RMQAX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of RYVYX and RMQAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RYVYX vs. RMQAX - Drawdown Comparison

The maximum RYVYX drawdown since its inception was -95.57%, which is greater than RMQAX's maximum drawdown of -63.18%. Use the drawdown chart below to compare losses from any high point for RYVYX and RMQAX.

Drawdown Indicators

	RYVYX	RMQAX	Difference
Max Drawdown Largest peak-to-trough decline	-95.57%	-63.18%	-32.39%
Max Drawdown (1Y) Largest decline over 1 year	-25.39%	-24.96%	-0.43%
Max Drawdown (3Y) Largest decline over 3 years	-42.48%	-42.45%	-0.03%
Max Drawdown (5Y) Largest decline over 5 years	-65.38%	-63.18%	-2.20%
Max Drawdown (10Y) Largest decline over 10 years	-65.38%	-63.18%	-2.20%
Current Drawdown Current decline from peak	-17.80%	-17.08%	-0.72%
Average Drawdown Average peak-to-trough decline	-48.92%	-12.85%	-36.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.50%	8.04%	+0.46%

Volatility

RYVYX vs. RMQAX - Volatility Comparison

The current volatility for Rydex NASDAQ-100 2x Strategy Fund (RYVYX) is 13.70%, while Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) has a volatility of 14.58%. This indicates that RYVYX experiences smaller price fluctuations and is considered to be less risky than RMQAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYVYX	RMQAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.70%	14.58%	-0.88%
Volatility (6M) Calculated over the trailing 6-month period	31.99%	32.55%	-0.56%
Volatility (1Y) Calculated over the trailing 1-year period	38.67%	39.23%	-0.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.10%	47.24%	-1.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.40%	46.82%	-1.42%

RYVYX vs. RMQAX - Expense Ratio Comparison

RYVYX has a 1.87% expense ratio, which is higher than RMQAX's 1.32% expense ratio.

Dividends

RYVYX vs. RMQAX - Dividend Comparison

RYVYX's dividend yield for the trailing twelve months is around 6.12%, less than RMQAX's 31.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund	31.21%	36.27%	26.02%	3.76%	0.00%	2.18%	5.30%	0.10%	0.00%	0.00%	0.00%	0.00%
RYVYX Rydex NASDAQ-100 2x Strategy Fund	6.12%	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

Can I hold both RYVYX and RMQAX in my portfolio?

With a correlation of 1.00, RYVYX and RMQAX 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.

Which is riskier, RYVYX or RMQAX?

RMQAX has higher volatility (14.58%) compared to RYVYX (13.70%). In terms of maximum drawdown, RYVYX dropped -95.57% vs RMQAX's -63.18%.

Which has better risk-adjusted returns?

RYVYX currently has the higher Sharpe Ratio (0.84 vs 0.83), 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.