SNIGX vs. RYOCX
Compare and contrast key facts about SIT Large Cap Growth Fund (SNIGX) and Rydex NASDAQ-100 Fund Investor Class (RYOCX).
SNIGX is managed by Sit. It was launched on Sep 2, 1982. RYOCX is a passively managed fund by Guggenheim that tracks the performance of the NASDAQ-100 Index. It was launched on Feb 14, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SNIGX or RYOCX.
Correlation
The correlation between SNIGX and RYOCX is 0.90, 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.
Performance
SNIGX vs. RYOCX - Performance Comparison
Key characteristics
SNIGX:
1.01
RYOCX:
0.69
SNIGX:
1.39
RYOCX:
1.00
SNIGX:
1.19
RYOCX:
1.14
SNIGX:
1.51
RYOCX:
1.01
SNIGX:
4.73
RYOCX:
2.79
SNIGX:
3.55%
RYOCX:
4.95%
SNIGX:
16.69%
RYOCX:
19.96%
SNIGX:
-68.40%
RYOCX:
-83.62%
SNIGX:
-6.14%
RYOCX:
-7.85%
Returns By Period
In the year-to-date period, SNIGX achieves a 0.82% return, which is significantly lower than RYOCX's 2.19% return. Over the past 10 years, SNIGX has underperformed RYOCX with an annualized return of 5.82%, while RYOCX has yielded a comparatively higher 16.38% annualized return.
SNIGX
0.82%
0.06%
9.18%
15.35%
11.09%
5.82%
RYOCX
2.19%
1.37%
8.21%
12.46%
15.86%
16.38%
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SNIGX vs. RYOCX - Expense Ratio Comparison
SNIGX has a 1.00% expense ratio, which is lower than RYOCX's 1.24% expense ratio.
Risk-Adjusted Performance
SNIGX vs. RYOCX — Risk-Adjusted Performance Rank
SNIGX
RYOCX
SNIGX vs. RYOCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SIT Large Cap Growth Fund (SNIGX) 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.
Dividends
SNIGX vs. RYOCX - Dividend Comparison
Neither SNIGX nor RYOCX has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNIGX SIT Large Cap Growth Fund | 0.00% | 0.00% | 0.17% | 0.06% | 0.00% | 0.04% | 0.28% | 0.42% | 0.43% | 0.54% | 3.92% | 0.53% |
RYOCX Rydex NASDAQ-100 Fund Investor Class | 0.00% | 0.00% | 0.00% | 8.82% | 4.47% | 4.17% | 1.90% | 1.86% | 6.00% | 1.75% | 2.01% | 1.54% |
Drawdowns
SNIGX vs. RYOCX - Drawdown Comparison
The maximum SNIGX drawdown since its inception was -68.40%, smaller than the maximum RYOCX drawdown of -83.62%. Use the drawdown chart below to compare losses from any high point for SNIGX and RYOCX. For additional features, visit the drawdowns tool.
Volatility
SNIGX vs. RYOCX - Volatility Comparison
The current volatility for SIT Large Cap Growth Fund (SNIGX) is 5.09%, while Rydex NASDAQ-100 Fund Investor Class (RYOCX) has a volatility of 5.59%. This indicates that SNIGX 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.