RYVYX vs. RYEUX

Last updated Aug 5, 2026

RYVYX (Rydex NASDAQ-100 2x Strategy Fund) and RYEUX (Rydex Europe 1.25x Strategy Fund) are both Leveraged Equities funds from Rydex Funds. Over the past 10 years, RYVYX returned 31.83%/yr vs 9.12%/yr for RYEUX. Their 0.66 correlation means they have sometimes moved together and sometimes differently. RYVYX charges 1.87%/yr vs 1.69%/yr for RYEUX.

Performance

RYVYX vs. RYEUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and Rydex Europe 1.25x Strategy Fund (RYEUX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RYVYX achieves a 22.59% return, which is significantly higher than RYEUX's 11.52% return. Over the past 10 years, RYVYX has outperformed RYEUX with an annualized return of 31.83%, while RYEUX has yielded a comparatively lower 9.12% 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%

RYEUX

• 1D: 0.41%
• 1M: 1.45%
• 6M: 5.65%
• YTD: 11.52%
• 1Y: 27.40%
• 3Y*: 15.01%
• 5Y*: 8.95%
• 10Y*: 9.12%
• ALL TIME*: 1.43%

*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)
RYEUX Rydex Europe 1.25x Strategy Fund	$0.00	$0.00	$0.00
RYVYX Rydex NASDAQ-100 2x Strategy Fund	$0.00	$0.00	$0.00

RYVYX vs. RYEUX - 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%
RYEUX Rydex Europe 1.25x Strategy Fund	11.52%	32.95%	-2.61%	19.53%	-12.87%	18.73%	0.35%	29.80%	-18.72%	28.14%

Correlation

The correlation between RYVYX and RYEUX is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.60
Correlation (3Y) Balances recent behavior with more history.	0.55
Correlation (5Y) Shows whether the relationship held over a longer period.	0.60
Correlation (10Y) Provides a long-term view across more market conditions.	0.61
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001	0.66

The correlation between RYVYX and RYEUX shifts across timeframes, from 0.55 (3 years) to 0.66 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RYVYX vs. RYEUX — Risk / Return Rank

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

RYVYX

RYVYX Risk / Return Rank: 34
RYVYX Sharpe Ratio Rank: 34
RYVYX Sortino Ratio Rank: 32
RYVYX Omega Ratio Rank: 32
RYVYX Calmar Ratio Rank: 41
RYVYX Martin Ratio Rank: 33

RYEUX

RYEUX Risk / Return Rank: 43
RYEUX Sharpe Ratio Rank: 45
RYEUX Sortino Ratio Rank: 44
RYEUX Omega Ratio Rank: 39
RYEUX Calmar Ratio Rank: 43
RYEUX Martin Ratio Rank: 41

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. RYEUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and Rydex Europe 1.25x Strategy Fund (RYEUX). 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	RYEUX	Difference
Sharpe ratio: Return per unit of total volatility	1.20	1.49	-0.29
Sortino ratio: Return per unit of downside risk	1.70	2.15	-0.44
Omega ratio: Gain probability vs. loss probability	1.21	1.26	-0.05
Calmar ratio: Return relative to maximum drawdown	1.82	1.97	-0.15
Martin ratio: Return relative to average drawdown	5.36	6.72	-1.36

RYVYX vs. RYEUX - Sharpe Ratio Comparison

The current RYVYX Sharpe Ratio is 1.20, which is comparable to the RYEUX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of RYVYX and RYEUX, 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. RYEUX - Drawdown Comparison

The maximum RYVYX drawdown since its inception was -95.57%, which is greater than RYEUX's maximum drawdown of -76.19%. Use the drawdown chart below to compare losses from any high point for RYVYX and RYEUX.

Drawdown Indicators

	RYVYX	RYEUX	Difference
Max Drawdown Largest peak-to-trough decline	-95.57%	-76.19%	-19.38%
Max Drawdown (1Y) Largest decline over 1 year	-25.39%	-15.24%	-10.15%
Max Drawdown (3Y) Largest decline over 3 years	-42.48%	-18.54%	-23.94%
Max Drawdown (5Y) Largest decline over 5 years	-65.38%	-33.39%	-31.99%
Max Drawdown (10Y) Largest decline over 10 years	-65.38%	-42.08%	-23.30%
Current Drawdown Current decline from peak	-13.90%	-0.20%	-13.70%
Average Drawdown Average peak-to-trough decline	-48.91%	-37.10%	-11.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.60%	4.45%	+4.15%

Volatility

RYVYX vs. RYEUX - Volatility Comparison

Rydex NASDAQ-100 2x Strategy Fund (RYVYX) has a higher volatility of 13.82% compared to Rydex Europe 1.25x Strategy Fund (RYEUX) at 5.07%. This indicates that RYVYX's price experiences larger fluctuations and is considered to be riskier than RYEUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RYVYX	RYEUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.82%	5.07%	+8.75%
Volatility (6M) Calculated over the trailing 6-month period	32.05%	17.30%	+14.75%
Volatility (1Y) Calculated over the trailing 1-year period	38.67%	20.13%	+18.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.13%	21.15%	+24.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.43%	22.11%	+23.32%

RYVYX vs. RYEUX - Expense Ratio Comparison

RYVYX has a 1.87% expense ratio, which is higher than RYEUX's 1.69% expense ratio.

Dividends

RYVYX vs. RYEUX - Dividend Comparison

RYVYX's dividend yield for the trailing twelve months is around 5.84%, more than RYEUX's 5.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RYEUX Rydex Europe 1.25x Strategy Fund	5.34%	5.95%	12.32%	0.67%	0.00%	0.00%	5.03%	0.46%	8.58%	0.25%	0.91%	0.15%
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

Can I hold both RYVYX and RYEUX in my portfolio?

RYVYX and RYEUX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RYVYX or RYEUX?

RYVYX has higher volatility (13.82%) compared to RYEUX (5.07%). In terms of maximum drawdown, RYVYX dropped -95.57% vs RYEUX's -76.19%.

Which has better risk-adjusted returns?

RYEUX currently has the higher Sharpe Ratio (1.49 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.