SAOAX vs. RYOCX
Compare and contrast key facts about Guggenheim Alpha Opportunity Fund (SAOAX) and Rydex NASDAQ-100 Fund Investor Class (RYOCX).
SAOAX is managed by Guggenheim. It was launched on Jul 6, 2003. RYOCX is a passively managed fund by Guggenheim that tracks the performance of the NASDAQ-100 Index. It was launched on Feb 14, 1994.
Performance
SAOAX vs. RYOCX - Performance Comparison
Loading graphics...
SAOAX vs. RYOCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAOAX Guggenheim Alpha Opportunity Fund | 10.98% | -2.00% | 10.49% | 8.81% | -8.66% | 14.38% | 0.17% | -2.26% | -11.25% | 7.48% |
RYOCX Rydex NASDAQ-100 Fund Investor Class | -6.11% | 19.51% | 24.34% | 53.31% | -33.34% | 25.85% | 46.80% | 40.33% | -1.36% | 31.20% |
Returns By Period
In the year-to-date period, SAOAX achieves a 10.98% return, which is significantly higher than RYOCX's -6.11% return. Over the past 10 years, SAOAX has underperformed RYOCX with an annualized return of 2.97%, while RYOCX has yielded a comparatively higher 17.78% annualized return.
SAOAX
- 1D
- 0.77%
- 1M
- 0.29%
- YTD
- 10.98%
- 6M
- 12.29%
- 1Y
- 3.61%
- 3Y*
- 8.23%
- 5Y*
- 4.80%
- 10Y*
- 2.97%
RYOCX
- 1D
- 3.42%
- 1M
- -5.04%
- YTD
- -6.11%
- 6M
- -4.56%
- 1Y
- 21.46%
- 3Y*
- 21.11%
- 5Y*
- 11.68%
- 10Y*
- 17.78%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SAOAX vs. RYOCX - Expense Ratio Comparison
SAOAX has a 1.76% expense ratio, which is higher than RYOCX's 1.24% expense ratio.
Return for Risk
SAOAX vs. RYOCX — Risk / Return Rank
SAOAX
RYOCX
SAOAX vs. RYOCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Alpha Opportunity Fund (SAOAX) and Rydex NASDAQ-100 Fund Investor Class (RYOCX). 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.
| SAOAX | RYOCX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.08 | 0.99 | -0.91 |
Sortino ratioReturn per unit of downside risk | 0.63 | 1.56 | -0.92 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.22 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.19 | 1.76 | -1.57 |
Martin ratioReturn relative to average drawdown | 0.96 | 6.38 | -5.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SAOAX | RYOCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.08 | 0.99 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.52 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.14 | 0.79 | -0.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.51 | -0.22 |
Correlation
The correlation between SAOAX and RYOCX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SAOAX vs. RYOCX - Dividend Comparison
SAOAX's dividend yield for the trailing twelve months is around 0.64%, less than RYOCX's 4.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SAOAX Guggenheim Alpha Opportunity Fund | 0.64% | 0.71% | 1.06% | 0.62% | 0.72% | 0.82% | 1.22% | 0.92% | 1.17% | 7.07% | 0.03% | 0.00% |
RYOCX Rydex NASDAQ-100 Fund Investor Class | 4.56% | 4.28% | 7.23% | 0.00% | 8.82% | 4.47% | 4.17% | 3.80% | 1.86% | 6.00% | 1.75% | 2.03% |
Drawdowns
SAOAX vs. RYOCX - Drawdown Comparison
The maximum SAOAX drawdown since its inception was -52.28%, smaller than the maximum RYOCX drawdown of -83.75%. Use the drawdown chart below to compare losses from any high point for SAOAX and RYOCX.
Loading graphics...
Drawdown Indicators
| SAOAX | RYOCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.28% | -83.75% | +31.47% |
Max Drawdown (1Y)Largest decline over 1 year | -6.53% | -12.75% | +6.22% |
Max Drawdown (5Y)Largest decline over 5 years | -35.90% | -38.04% | +2.14% |
Max Drawdown (10Y)Largest decline over 10 years | -35.90% | -38.04% | +2.14% |
Current DrawdownCurrent decline from peak | 0.00% | -9.31% | +9.31% |
Average DrawdownAverage peak-to-trough decline | -8.77% | -32.05% | +23.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.97% | 3.52% | +3.45% |
Volatility
SAOAX vs. RYOCX - Volatility Comparison
The current volatility for Guggenheim Alpha Opportunity Fund (SAOAX) is 2.89%, while Rydex NASDAQ-100 Fund Investor Class (RYOCX) has a volatility of 6.57%. This indicates that SAOAX experiences smaller price fluctuations and is considered to be less risky than RYOCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SAOAX | RYOCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.89% | 6.57% | -3.68% |
Volatility (6M)Calculated over the trailing 6-month period | 6.07% | 12.88% | -6.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.24% | 22.75% | +38.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.68% | 22.79% | +5.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.13% | 22.58% | -1.45% |