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RYWCX vs. ETEGX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RYWCX vs. ETEGX

Last updated Apr 15, 2026

RYWCX (Rydex S&P SmallCap 600 Pure Growth Fund) and ETEGX (Eaton Vance Small-Cap Fund) are both Small Cap Growth Equities funds. Over the past 10 years, RYWCX returned 6.94%/yr vs 8.74%/yr for ETEGX. Their correlation of 0.91 suggests significant overlap in exposure. RYWCX charges 2.26%/yr vs 1.21%/yr for ETEGX.

Performance

RYWCX vs. ETEGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex S&P SmallCap 600 Pure Growth Fund (RYWCX) and Eaton Vance Small-Cap Fund (ETEGX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RYWCX achieves a 12.11% return, which is significantly higher than ETEGX's 3.22% return. Over the past 10 years, RYWCX has underperformed ETEGX with an annualized return of 6.94%, while ETEGX has yielded a comparatively higher 8.74% annualized return.

RYWCX

1D
1.35%
1M
8.58%
YTD
12.11%
6M
10.59%
1Y
35.18%
3Y*
14.32%
5Y*
1.40%
10Y*
6.94%

ETEGX

1D
1.25%
1M
5.59%
YTD
3.22%
6M
1.36%
1Y
6.73%
3Y*
5.27%
5Y*
2.38%
10Y*
8.74%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RYWCX vs. ETEGX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RYWCX
Rydex S&P SmallCap 600 Pure Growth Fund		12.11%7.76%7.20%17.03%-30.33%16.37%15.23%11.58%-9.55%15.23%
ETEGX
Eaton Vance Small-Cap Fund		3.22%-6.20%14.65%11.28%-15.52%21.45%12.73%27.57%-6.00%14.87%

Correlation

The correlation between RYWCX and ETEGX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.87

Correlation (3Y)
Calculated over the trailing 3-year period

0.88

Correlation (5Y)
Calculated over the trailing 5-year period

0.90

Correlation (All Time)
Calculated using the full available price history since Jan 4, 2005

0.91

The correlation between RYWCX and ETEGX has been stable across timeframes, ranging from 0.87 to 0.91 — a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Rydex S&P SmallCap 600 Pure Growth Fund

Eaton Vance Small-Cap Fund

Often compared with RYWCX:
RYWCX vs. WMKSXRYWCX vs. ANOIXRYWCX vs. DSCGXRYWCX vs. WRGCXRYWCX vs. DVSMXRYWCX vs. NBGNXRYWCX vs. FCAGX
Often compared with ETEGX:
ETEGX vs. ^GSPCETEGX vs. FGROXETEGX vs. NBMIXETEGX vs. WISGXETEGX vs. AOFIXETEGX vs. BIASXETEGX vs. BUFOX

Return for Risk

RYWCX vs. ETEGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RYWCX
RYWCX Risk / Return Rank: 4545
Overall Rank
RYWCX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
RYWCX Sortino Ratio Rank: 3434
Sortino Ratio Rank
RYWCX Omega Ratio Rank: 2727
Omega Ratio Rank
RYWCX Calmar Ratio Rank: 7575
Calmar Ratio Rank
RYWCX Martin Ratio Rank: 5656
Martin Ratio Rank
ETEGX
ETEGX Risk / Return Rank: 33
Overall Rank
ETEGX Sharpe Ratio Rank: 33
Sharpe Ratio Rank
ETEGX Sortino Ratio Rank: 33
Sortino Ratio Rank
ETEGX Omega Ratio Rank: 33
Omega Ratio Rank
ETEGX Calmar Ratio Rank: 44
Calmar Ratio Rank
ETEGX Martin Ratio Rank: 33
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RYWCX vs. ETEGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex S&P SmallCap 600 Pure Growth Fund (RYWCX) and Eaton Vance Small-Cap Fund (ETEGX). 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.

RYWCXETEGXDifference

Sharpe ratio

Return per unit of total volatility

1.98

0.45

+1.53

Sortino ratio

Return per unit of downside risk

2.86

0.80

+2.06

Omega ratio

Gain probability vs. loss probability

1.34

1.09

+0.25

Calmar ratio

Return relative to maximum drawdown

4.03

0.42

+3.61

Martin ratio

Return relative to average drawdown

13.34

1.03

+12.32

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYWCX vs. ETEGX - Sharpe Ratio Comparison

The current RYWCX Sharpe Ratio is 1.98, which is higher than the ETEGX Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of RYWCX and ETEGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

RYWCXETEGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.98

0.45

+1.53

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.06

0.13

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.28

0.44

-0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.26

0.28

-0.02

Drawdowns

RYWCX vs. ETEGX - Drawdown Comparison

The maximum RYWCX drawdown since its inception was -60.64%, smaller than the maximum ETEGX drawdown of -67.58%. Use the drawdown chart below to compare losses from any high point for RYWCX and ETEGX.

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Drawdown Indicators

RYWCXETEGXDifference

Max Drawdown

Largest peak-to-trough decline

-60.64%

-67.58%

+6.94%

Max Drawdown (1Y)

Largest decline over 1 year

-8.49%

-13.05%

+4.56%

Max Drawdown (5Y)

Largest decline over 5 years

-40.28%

-24.30%

-15.98%

Max Drawdown (10Y)

Largest decline over 10 years

-54.65%

-36.66%

-17.99%

Current Drawdown

Current decline from peak

-2.31%

-8.86%

+6.55%

Average Drawdown

Average peak-to-trough decline

-13.53%

-22.83%

+9.30%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.56%

5.31%

-2.75%

Volatility

RYWCX vs. ETEGX - Volatility Comparison

Rydex S&P SmallCap 600 Pure Growth Fund (RYWCX) has a higher volatility of 7.55% compared to Eaton Vance Small-Cap Fund (ETEGX) at 5.39%. This indicates that RYWCX's price experiences larger fluctuations and is considered to be riskier than ETEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RYWCXETEGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.55%

5.39%

+2.16%

Volatility (6M)

Calculated over the trailing 6-month period

14.11%

11.56%

+2.55%

Volatility (1Y)

Calculated over the trailing 1-year period

18.81%

16.65%

+2.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.99%

18.80%

+4.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.70%

19.83%

+4.87%

RYWCX vs. ETEGX - Expense Ratio Comparison

RYWCX has a 2.26% expense ratio, which is higher than ETEGX's 1.21% expense ratio.

Dividends

RYWCX vs. ETEGX - Dividend Comparison

RYWCX has not paid dividends to shareholders, while ETEGX's dividend yield for the trailing twelve months is around 7.97%.

TTM20252024202320222021202020192018201720162015
RYWCX
Rydex S&P SmallCap 600 Pure Growth Fund		0.00%0.00%14.52%0.00%0.00%59.93%0.00%0.00%9.26%3.92%0.00%0.00%
ETEGX
Eaton Vance Small-Cap Fund		7.97%8.23%5.13%0.68%3.22%13.87%1.06%7.19%12.29%11.02%13.88%23.25%