SECEX vs. IGIAX

Last updated Jun 24, 2026

SECEX (Guggenheim StylePlus - Large Core Fund) and IGIAX (Integrity ESG Growth & Income Fund) are both Large Cap Blend Equities funds. Over the past 10 years, SECEX returned 14.98%/yr vs 15.93%/yr for IGIAX. Their correlation of 0.86 suggests significant overlap in exposure. SECEX charges 1.31%/yr vs 1.24%/yr for IGIAX.

Performance

SECEX vs. IGIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Guggenheim StylePlus - Large Core Fund (SECEX) and Integrity ESG Growth & Income Fund (IGIAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SECEX achieves a 13.67% return, which is significantly lower than IGIAX's 27.12% return. Over the past 10 years, SECEX has underperformed IGIAX with an annualized return of 14.98%, while IGIAX has yielded a comparatively higher 15.93% annualized return.

SECEX

• 1D: 0.23%
• 1M: 2.32%
• YTD: 13.67%
• 6M: 12.72%
• 1Y: 29.58%
• 3Y*: 22.61%
• 5Y*: 13.07%
• 10Y*: 14.98%

IGIAX

• 1D: -0.20%
• 1M: 4.27%
• YTD: 27.12%
• 6M: 25.81%
• 1Y: 44.00%
• 3Y*: 25.18%
• 5Y*: 14.90%
• 10Y*: 15.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SECEX vs. IGIAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SECEX Guggenheim StylePlus - Large Core Fund	13.67%	16.04%	25.74%	26.72%	-21.98%	28.21%	17.76%	29.62%	-7.18%	21.99%
IGIAX Integrity ESG Growth & Income Fund	27.12%	18.60%	17.24%	25.24%	-21.32%	27.62%	17.14%	33.11%	-1.83%	18.69%

Correlation

The correlation between SECEX and IGIAX is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Dec 30, 1994	0.86

The correlation between SECEX and IGIAX has been stable across timeframes, ranging from 0.86 to 0.94 - a consistent structural relationship.

Return for Risk

SECEX vs. IGIAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SECEX

SECEX Risk / Return Rank: 70
SECEX Sharpe Ratio Rank: 75
SECEX Sortino Ratio Rank: 67
SECEX Omega Ratio Rank: 67
SECEX Calmar Ratio Rank: 68
SECEX Martin Ratio Rank: 74

IGIAX

IGIAX Risk / Return Rank: 91
IGIAX Sharpe Ratio Rank: 93
IGIAX Sortino Ratio Rank: 87
IGIAX Omega Ratio Rank: 82
IGIAX Calmar Ratio Rank: 97
IGIAX Martin Ratio Rank: 97

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.

SECEX vs. IGIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Guggenheim StylePlus - Large Core Fund (SECEX) and Integrity ESG Growth & Income Fund (IGIAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SECEX	IGIAX	Difference
Sharpe ratio: Return per unit of total volatility	2.32	2.89	-0.57
Sortino ratio: Return per unit of downside risk	3.11	3.83	-0.72
Omega ratio: Gain probability vs. loss probability	1.42	1.50	-0.08
Calmar ratio: Return relative to maximum drawdown	3.03	6.65	-3.62
Martin ratio: Return relative to average drawdown	13.15	23.23	-10.08

SECEX vs. IGIAX - Sharpe Ratio Comparison

The current SECEX Sharpe Ratio is 2.32, which is comparable to the IGIAX Sharpe Ratio of 2.89. The chart below compares the historical Sharpe Ratios of SECEX and IGIAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SECEX vs. IGIAX - Drawdown Comparison

The maximum SECEX drawdown since its inception was -73.88%, smaller than the maximum IGIAX drawdown of -79.15%. Use the drawdown chart below to compare losses from any high point for SECEX and IGIAX.

Drawdown Indicators

	SECEX	IGIAX	Difference
Max Drawdown Largest peak-to-trough decline	-73.88%	-79.15%	+5.27%
Max Drawdown (1Y) Largest decline over 1 year	-10.23%	-6.89%	-3.34%
Max Drawdown (3Y) Largest decline over 3 years	-18.34%	-19.58%	+1.24%
Max Drawdown (5Y) Largest decline over 5 years	-27.55%	-30.18%	+2.63%
Max Drawdown (10Y) Largest decline over 10 years	-35.59%	-31.19%	-4.40%
Current Drawdown Current decline from peak	-0.97%	-0.63%	-0.34%
Average Drawdown Average peak-to-trough decline	-20.65%	-33.29%	+12.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	1.97%	+0.38%

Volatility

SECEX vs. IGIAX - Volatility Comparison

Guggenheim StylePlus - Large Core Fund (SECEX) and Integrity ESG Growth & Income Fund (IGIAX) have volatilities of 6.21% and 6.20%, 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.

Volatility by Period

	SECEX	IGIAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	6.20%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	10.97%	13.06%	-2.09%
Volatility (1Y) Calculated over the trailing 1-year period	13.37%	15.90%	-2.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.19%	18.26%	-1.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.20%	18.18%	+0.02%

SECEX vs. IGIAX - Expense Ratio Comparison

SECEX has a 1.31% expense ratio, which is higher than IGIAX's 1.24% expense ratio.

Dividends

SECEX vs. IGIAX - Dividend Comparison

SECEX's dividend yield for the trailing twelve months is around 2.60%, less than IGIAX's 2.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGIAX Integrity ESG Growth & Income Fund	2.85%	3.62%	0.00%	2.23%	1.41%	0.63%	0.62%	9.26%	6.63%	7.31%	2.30%	2.19%
SECEX Guggenheim StylePlus - Large Core Fund	2.60%	2.95%	23.10%	2.50%	40.57%	4.58%	9.21%	1.57%	22.52%	18.80%	1.94%	12.32%

Frequently Asked Questions

Can I hold both SECEX and IGIAX in my portfolio?

SECEX and IGIAX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SECEX or IGIAX?

SECEX has higher volatility (6.21%) compared to IGIAX (6.20%). In terms of maximum drawdown, SECEX dropped -73.88% vs IGIAX's -79.15%.

Which has better risk-adjusted returns?

IGIAX currently has the higher Sharpe Ratio (2.89 vs 2.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.