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.
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
Key characteristics
RYVYX:
1.17
RYVNX:
-1.14
RYVYX:
1.62
RYVNX:
-1.82
RYVYX:
1.22
RYVNX:
0.80
RYVYX:
1.55
RYVNX:
-0.42
RYVYX:
5.20
RYVNX:
-1.58
RYVYX:
8.22%
RYVNX:
26.32%
RYVYX:
36.66%
RYVNX:
36.28%
RYVYX:
-98.21%
RYVNX:
-99.99%
RYVYX:
-9.54%
RYVNX:
-99.98%
Returns By Period
In the year-to-date period, RYVYX achieves a 38.52% return, which is significantly higher than RYVNX's -39.82% return. Over the past 10 years, RYVYX has outperformed RYVNX with an annualized return of 22.87%, while RYVNX has yielded a comparatively lower -36.46% annualized return.
RYVYX
38.52%
-0.07%
5.24%
39.40%
24.44%
22.87%
RYVNX
-39.82%
-11.28%
-19.55%
-40.13%
-41.35%
-36.46%
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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
Neither RYVYX nor RYVNX has paid dividends to shareholders.
| 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 | 0.00% | 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 -99.99%. 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) has a higher volatility of 12.72% compared to Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) at 11.19%. This indicates that RYVYX's price experiences larger fluctuations and is considered to be riskier than RYVNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.