SECEX vs. RMQHX

Last updated Jun 5, 2026

SECEX (Guggenheim StylePlus - Large Core Fund) and RMQHX (Rydex Monthly Rebalance NASDAQ-100 2x Strategy H) are both mutual funds - SECEX is a Large Cap Blend Equities fund managed by Guggenheim, while RMQHX is a Leveraged Equities fund tracking the NASDAQ-100. Over the past 10 years, SECEX returned 14.69%/yr vs 37.51%/yr for RMQHX. Their correlation of 0.90 suggests significant overlap in exposure. SECEX charges 1.31%/yr vs 1.27%/yr for RMQHX.

Performance

SECEX vs. RMQHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Guggenheim StylePlus - Large Core Fund (SECEX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SECEX achieves a 14.10% return, which is significantly lower than RMQHX's 39.33% return. Over the past 10 years, SECEX has underperformed RMQHX with an annualized return of 14.69%, while RMQHX has yielded a comparatively higher 37.51% annualized return.

SECEX

• 1D: -0.60%
• 1M: 7.41%
• YTD: 14.10%
• 6M: 13.95%
• 1Y: 31.19%
• 3Y*: 23.41%
• 5Y*: 13.17%
• 10Y*: 14.69%

RMQHX

• 1D: -0.58%
• 1M: 17.69%
• YTD: 39.33%
• 6M: 35.19%
• 1Y: 81.41%
• 3Y*: 50.87%
• 5Y*: 26.27%
• 10Y*: 37.51%

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

SECEX vs. RMQHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SECEX Guggenheim StylePlus - Large Core Fund	14.10%	16.04%	25.74%	26.72%	-21.98%	28.21%	17.76%	29.62%	-7.18%	21.99%
RMQHX Rydex Monthly Rebalance NASDAQ-100 2x Strategy H	39.33%	33.90%	44.74%	115.89%	-59.96%	56.33%	101.06%	80.70%	-7.28%	69.79%

Correlation

The correlation between SECEX and RMQHX is 0.93, 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	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jan 5, 2015	0.90

The correlation between SECEX and RMQHX has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

Return for Risk

SECEX vs. RMQHX — Risk / Return Rank

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

SECEX

SECEX Risk / Return Rank: 71
SECEX Sharpe Ratio Rank: 78
SECEX Sortino Ratio Rank: 71
SECEX Omega Ratio Rank: 67
SECEX Calmar Ratio Rank: 65
SECEX Martin Ratio Rank: 75

RMQHX

RMQHX Risk / Return Rank: 65
RMQHX Sharpe Ratio Rank: 79
RMQHX Sortino Ratio Rank: 54
RMQHX Omega Ratio Rank: 54
RMQHX Calmar Ratio Rank: 75
RMQHX Martin Ratio Rank: 62

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. RMQHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Guggenheim StylePlus - Large Core Fund (SECEX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX). 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.

	SECEX	RMQHX	Difference
Sharpe ratio: Return per unit of total volatility	2.56	2.58	-0.02
Sortino ratio: Return per unit of downside risk	3.51	3.05	+0.45
Omega ratio: Gain probability vs. loss probability	1.45	1.40	+0.05
Calmar ratio: Return relative to maximum drawdown	3.07	3.32	-0.25
Martin ratio: Return relative to average drawdown	13.93	11.99	+1.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SECEX vs. RMQHX - Sharpe Ratio Comparison

The current SECEX Sharpe Ratio is 2.56, which is comparable to the RMQHX Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of SECEX and RMQHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SECEX	RMQHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.56	2.58	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.57	+0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	0.81	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.75	-0.44

Drawdowns

SECEX vs. RMQHX - Drawdown Comparison

The maximum SECEX drawdown since its inception was -73.88%, which is greater than RMQHX's maximum drawdown of -63.21%. Use the drawdown chart below to compare losses from any high point for SECEX and RMQHX.

Drawdown Indicators

	SECEX	RMQHX	Difference
Max Drawdown Largest peak-to-trough decline	-73.88%	-63.21%	-10.67%
Max Drawdown (1Y) Largest decline over 1 year	-10.23%	-24.97%	+14.74%
Max Drawdown (3Y) Largest decline over 3 years	-18.34%	-42.46%	+24.12%
Max Drawdown (5Y) Largest decline over 5 years	-27.55%	-63.21%	+35.66%
Max Drawdown (10Y) Largest decline over 10 years	-35.59%	-63.21%	+27.62%
Current Drawdown Current decline from peak	-0.60%	-0.58%	-0.02%
Average Drawdown Average peak-to-trough decline	-20.68%	-12.86%	-7.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.25%	6.89%	-4.64%

Volatility

SECEX vs. RMQHX - Volatility Comparison

The current volatility for Guggenheim StylePlus - Large Core Fund (SECEX) is 3.94%, while Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX) has a volatility of 8.60%. This indicates that SECEX experiences smaller price fluctuations and is considered to be less risky than RMQHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SECEX	RMQHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.94%	8.60%	-4.66%
Volatility (6M) Calculated over the trailing 6-month period	9.51%	24.31%	-14.80%
Volatility (1Y) Calculated over the trailing 1-year period	12.26%	32.14%	-19.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.03%	46.21%	-29.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.11%	46.43%	-28.32%

SECEX vs. RMQHX - Expense Ratio Comparison

SECEX has a 1.31% expense ratio, which is higher than RMQHX's 1.27% expense ratio.

Dividends

SECEX vs. RMQHX - Dividend Comparison

SECEX's dividend yield for the trailing twelve months is around 2.59%, less than RMQHX's 24.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RMQHX Rydex Monthly Rebalance NASDAQ-100 2x Strategy H	24.96%	34.77%	25.22%	3.66%	0.00%	2.13%	5.17%	0.10%	0.00%	0.00%	0.00%	0.00%
SECEX Guggenheim StylePlus - Large Core Fund	2.59%	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 RMQHX in my portfolio?

With a correlation of 0.93, SECEX and RMQHX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SECEX or RMQHX?

RMQHX has higher volatility (8.60%) compared to SECEX (3.94%). In terms of maximum drawdown, SECEX dropped -73.88% vs RMQHX's -63.21%.

Which has better risk-adjusted returns?

RMQHX currently has the higher Sharpe Ratio (2.58 vs 2.56), 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.