RYVYX vs. RYVNX
Compare and contrast key facts about Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX).
RYVYX is managed by Rydex Funds. It was launched on May 23, 2000. RYVNX is managed by Rydex Funds. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYVYX or RYVNX.
Key characteristics
| RYVYX | RYVNX | |
|---|---|---|
| YTD Return | 41.95% | -33.70% |
| 1Y Return | 59.17% | -40.84% |
| 3Y Return (Ann) | 4.85% | -23.32% |
| 5Y Return (Ann) | 25.85% | -41.25% |
| 10Y Return (Ann) | 23.08% | -36.10% |
| Sharpe Ratio | 1.70 | -1.18 |
| Sortino Ratio | 2.20 | -1.85 |
| Omega Ratio | 1.30 | 0.80 |
| Calmar Ratio | 1.89 | -0.41 |
| Martin Ratio | 7.33 | -1.53 |
| Ulcer Index | 8.09% | 26.77% |
| Daily Std Dev | 34.82% | 34.75% |
| Max Drawdown | -98.21% | -99.98% |
| Current Drawdown | -2.17% | -99.98% |
Correlation
The correlation between RYVYX and RYVNX is -0.99. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
RYVYX vs. RYVNX - Performance Comparison
In the year-to-date period, RYVYX achieves a 41.95% return, which is significantly higher than RYVNX's -33.70% return. Over the past 10 years, RYVYX has outperformed RYVNX with an annualized return of 23.08%, while RYVNX has yielded a comparatively lower -36.10% annualized 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. RYVNX - Expense Ratio Comparison
RYVYX has a 1.87% expense ratio, which is lower than RYVNX's 2.49% expense ratio.
Risk-Adjusted Performance
RYVYX vs. RYVNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX). 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. RYVNX - Dividend Comparison
RYVYX has not paid dividends to shareholders, while RYVNX's dividend yield for the trailing twelve months is around 6.88%.
| 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% |
RYVNX Rydex Inverse NASDAQ-100 2x Strategy Fund | 6.88% | 4.56% | 0.00% | 0.00% | 0.25% | 0.03% |
Drawdowns
RYVYX vs. RYVNX - Drawdown Comparison
The maximum RYVYX drawdown since its inception was -98.21%, roughly equal to the maximum RYVNX drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for RYVYX and RYVNX. For additional features, visit the drawdowns tool.
Volatility
RYVYX vs. RYVNX - Volatility Comparison
Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) have volatilities of 9.95% and 9.99%, 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.