SHPIX vs. RYCLX
Compare and contrast key facts about ProFunds Short Small Cap ProFund (SHPIX) and Rydex Inverse Mid-Cap Strategy Fund (RYCLX).
SHPIX is managed by ProFunds. It was launched on Apr 30, 2002. RYCLX is managed by Rydex Funds. It was launched on Feb 19, 2004.
Performance
SHPIX vs. RYCLX - Performance Comparison
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SHPIX vs. RYCLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHPIX ProFunds Short Small Cap ProFund | 2.74% | -9.61% | -8.36% | -11.01% | 16.39% | -19.78% | -31.60% | -20.89% | 9.96% | -14.49% |
RYCLX Rydex Inverse Mid-Cap Strategy Fund | 0.49% | -1.04% | -5.59% | -8.75% | 8.93% | -24.21% | -25.53% | -21.03% | 11.39% | -14.94% |
Returns By Period
In the year-to-date period, SHPIX achieves a 2.74% return, which is significantly higher than RYCLX's 0.49% return. Over the past 10 years, SHPIX has underperformed RYCLX with an annualized return of -11.86%, while RYCLX has yielded a comparatively higher -10.42% annualized return.
SHPIX
- 1D
- 1.48%
- 1M
- 8.78%
- YTD
- 2.74%
- 6M
- 1.16%
- 1Y
- -16.75%
- 3Y*
- -8.22%
- 5Y*
- -3.92%
- 10Y*
- -11.86%
RYCLX
- 1D
- 0.86%
- 1M
- 8.76%
- YTD
- 0.49%
- 6M
- 1.69%
- 1Y
- -8.64%
- 3Y*
- -4.16%
- 5Y*
- -3.97%
- 10Y*
- -10.42%
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SHPIX vs. RYCLX - Expense Ratio Comparison
SHPIX has a 1.78% expense ratio, which is lower than RYCLX's 2.39% expense ratio.
Return for Risk
SHPIX vs. RYCLX — Risk / Return Rank
SHPIX
RYCLX
SHPIX vs. RYCLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds Short Small Cap ProFund (SHPIX) and Rydex Inverse Mid-Cap Strategy Fund (RYCLX). 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.
| SHPIX | RYCLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.71 | -0.42 | -0.28 |
Sortino ratioReturn per unit of downside risk | -0.90 | -0.46 | -0.44 |
Omega ratioGain probability vs. loss probability | 0.89 | 0.94 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | -0.42 | -0.27 | -0.15 |
Martin ratioReturn relative to average drawdown | -0.57 | -0.36 | -0.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SHPIX | RYCLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.71 | -0.42 | -0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | -0.19 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.09 | -0.49 | +0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.15 | -0.53 | +0.38 |
Correlation
The correlation between SHPIX and RYCLX is 0.95, 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.
Dividends
SHPIX vs. RYCLX - Dividend Comparison
SHPIX's dividend yield for the trailing twelve months is around 14.75%, less than RYCLX's 32.85% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SHPIX ProFunds Short Small Cap ProFund | 14.75% | 5.70% | 0.00% | 17.01% | 0.00% | 0.00% | 0.00% | 0.85% |
RYCLX Rydex Inverse Mid-Cap Strategy Fund | 32.85% | 33.01% | 25.75% | 9.12% | 0.00% | 0.00% | 0.76% | 0.89% |
Drawdowns
SHPIX vs. RYCLX - Drawdown Comparison
The maximum SHPIX drawdown since its inception was -99.27%, roughly equal to the maximum RYCLX drawdown of -95.37%. Use the drawdown chart below to compare losses from any high point for SHPIX and RYCLX.
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Drawdown Indicators
| SHPIX | RYCLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.27% | -95.37% | -3.90% |
Max Drawdown (1Y)Largest decline over 1 year | -34.74% | -26.30% | -8.44% |
Max Drawdown (5Y)Largest decline over 5 years | -83.16% | -30.60% | -52.56% |
Max Drawdown (10Y)Largest decline over 10 years | -93.19% | -70.37% | -22.82% |
Current DrawdownCurrent decline from peak | -97.02% | -94.92% | -2.10% |
Average DrawdownAverage peak-to-trough decline | -77.77% | -69.97% | -7.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.32% | 19.44% | +5.88% |
Volatility
SHPIX vs. RYCLX - Volatility Comparison
ProFunds Short Small Cap ProFund (SHPIX) has a higher volatility of 6.54% compared to Rydex Inverse Mid-Cap Strategy Fund (RYCLX) at 5.70%. This indicates that SHPIX's price experiences larger fluctuations and is considered to be riskier than RYCLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHPIX | RYCLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.54% | 5.70% | +0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 14.07% | 11.51% | +2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.12% | 20.92% | +2.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 193.64% | 20.52% | +173.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 137.90% | 21.42% | +116.48% |