RYVYX vs. SMPIX
Compare and contrast key facts about Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and ProFunds Semiconductor UltraSector Fund (SMPIX).
RYVYX is managed by Rydex Funds. It was launched on May 23, 2000. SMPIX is managed by ProFunds. It was launched on Jun 18, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYVYX or SMPIX.
Key characteristics
| RYVYX | SMPIX | |
|---|---|---|
| YTD Return | 41.95% | 114.39% |
| 1Y Return | 59.17% | 143.77% |
| 3Y Return (Ann) | 4.85% | 35.43% |
| 5Y Return (Ann) | 25.85% | 49.15% |
| 10Y Return (Ann) | 23.08% | 32.66% |
| Sharpe Ratio | 1.70 | 2.39 |
| Sortino Ratio | 2.20 | 2.68 |
| Omega Ratio | 1.30 | 1.35 |
| Calmar Ratio | 1.89 | 3.83 |
| Martin Ratio | 7.33 | 10.97 |
| Ulcer Index | 8.09% | 13.06% |
| Daily Std Dev | 34.82% | 60.02% |
| Max Drawdown | -98.21% | -93.64% |
| Current Drawdown | -2.17% | -8.73% |
Correlation
The correlation between RYVYX and SMPIX is 0.84, 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. SMPIX - Performance Comparison
In the year-to-date period, RYVYX achieves a 41.95% return, which is significantly lower than SMPIX's 114.39% return. Over the past 10 years, RYVYX has underperformed SMPIX with an annualized return of 23.08%, while SMPIX has yielded a comparatively higher 32.66% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RYVYX vs. SMPIX - Expense Ratio Comparison
RYVYX has a 1.87% expense ratio, which is higher than SMPIX's 1.49% expense ratio.
Risk-Adjusted Performance
RYVYX vs. SMPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and ProFunds Semiconductor UltraSector Fund (SMPIX). 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. SMPIX - Dividend Comparison
Neither RYVYX nor SMPIX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYVYX Rydex NASDAQ-100 2x Strategy Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMPIX ProFunds Semiconductor UltraSector Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.34% | 12.90% | 0.85% | 1.17% | 0.00% | 0.00% | 1.16% |
Drawdowns
RYVYX vs. SMPIX - Drawdown Comparison
The maximum RYVYX drawdown since its inception was -98.21%, roughly equal to the maximum SMPIX drawdown of -93.64%. Use the drawdown chart below to compare losses from any high point for RYVYX and SMPIX. For additional features, visit the drawdowns tool.
Volatility
RYVYX vs. SMPIX - Volatility Comparison
The current volatility for Rydex NASDAQ-100 2x Strategy Fund (RYVYX) is 9.95%, while ProFunds Semiconductor UltraSector Fund (SMPIX) has a volatility of 12.95%. This indicates that RYVYX experiences smaller price fluctuations and is considered to be less risky than SMPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.