Rydex Series Competition

RYFXX Fund

USD 1.00 0.00 0.00%

Rydex Series Funds competes with Aqr Diversified, Guggenheim Diversified, Blackrock Conservative, Fidelity Advisor, and Wealthbuilder Conservative; as well as few others. The fund is not categorized under any group at this time. Analyzing Rydex Series competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Rydex Series to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Rydex Series Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Rydex Series competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rydex Series' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Hype

Prediction

Low	Estimated	High
1.00	1.00	1.00

Details

Intrinsic

Valuation

Low	Real	High
1.00	1.00	1.00

Details

Rydex Series Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Rydex Series and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Rydex and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Rydex Series Funds does not affect the price movement of the other competitor.

	QDARX	GUDAX	BICPX	FZABX	WCAFX	DTICX
QDARX		0.0	0.28	0.83	0.2	0.33	QDARX
GUDAX	0.0		0.0	0.0	0.0	0.0	GUDAX
BICPX	0.28	0.0		0.57	0.83	0.72	BICPX
FZABX	0.83	0.0	0.57		0.54	0.57	FZABX
WCAFX	0.2	0.0	0.83	0.54		0.77	WCAFX
DTICX	0.33	0.0	0.72	0.57	0.77		DTICX
	QDARX	GUDAX	BICPX	FZABX	WCAFX	DTICX

Click cells to compare fundamentals

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High positive correlations

FZABX	+ 0.83	QDARX
WCAFX	+ 0.83	BICPX
DTICX	+ 0.77	WCAFX
DTICX	+ 0.72	BICPX
FZABX	+ 0.57	BICPX
DTICX	+ 0.57	FZABX

High negative correlations

DTICX	- 0.0	GUDAX
WCAFX	- 0.0	GUDAX
FZABX	- 0.0	GUDAX
BICPX	- 0.0	GUDAX
GUDAX	- 0.0	QDARX

Risk-Adjusted Indicators

There is a big difference between Rydex Money Market Fund performing well and Rydex Series Money Market Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Rydex Series' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
QDARX	0.13	(0.04)	(0.57)	0.16	(0.33)	1.72
GUDAX	0.00	0.00	0.00	0.00	0.00	0.00
BICPX	0.26	(0.10)	(1.06)	0.44	(0.44)	2.08
FZABX	0.72	(0.20)	(0.35)	1.08	(1.71)	8.31
WCAFX	0.26	(0.04)	(0.13)	0.46	(0.56)	2.15
DTICX	0.07	0.00	0.00	0.13	(0.13)	0.51

Unable to evaluate fundamental data of [QDARX, GUDAX, BICPX, FZABX, WCAFX, DTICX] at this time. Please try again later

All Fundamental Data

Rydex Series Competitive Analysis

The better you understand Rydex Series competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Rydex Series' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Rydex Series' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	RYFXX	QDARX	GUDAX	BICPX	FZABX	WCAFX	DTICX
	0.00 1.00 Rydex	0.08 12.07 Aqr	0.00 25.43 Guggenheim	3.92 11.02 Blackrock	0.28 25.51 Fidelity	0.34 8.80 Wealthbuilder	0.25 7.85 Delaware
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	About Average	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Cautious Hold	Hold	Cautious Hold	Hold	Cautious Hold	Hold
Net Asset	292.23 M	467.83 M	6.15 M	440.19 M	2.09 B	137.69 M	403.27 M
Minimum Initial Investment	N/A	N/A	N/A	2 M	N/A	N/A	N/A
Price To Book	N/A	2.05 X	N/A	2.30 X	2.30 X	N/A	N/A
Five Year Return	N/A	6.82 %	4.41 %	2.72 %	5.49 %	1.86 %	0.86 %
One Year Return	N/A	3.21 %	9.31 %	6.50 %	9.34 %	4.71 %	3.76 %
Last Dividend Paid	N/A	0.18	0.07	0.2	0.04	0.03	0.01
Price To Earning	N/A	20.89 X	N/A	18.50 X	17.28 X	N/A	N/A
Price To Sales	N/A	1.20 X	N/A	1.57 X	1.60 X	N/A	N/A
Cash Position Weight	N/A	24.27 %	3.38 %	9.37 %	2.52 %	7.83 %	1.25 %
Equity Positions Weight	N/A	15.63 %	41.56 %	17.89 %	97.02 %	10.85 %	N/A
Three Year Return	N/A	1.55 %	3.35 %	(0.38) %	(0.15) %	(0.87) %	0.78 %
Annual Yield	0.03 %	0.03 %	0.04 %	0.03 %	0.01 %	0.04 %	0 %
Year To Date Return	N/A	2.78 %	0.20 %	6.20 %	6.65 %	4.21 %	3.53 %
Bond Positions Weight	N/A	0.19 %	8.20 %	69.26 %	N/A	4.70 %	17.18 %
Ten Year Return	N/A	2.23 %	N/A	6.63 %	7.74 %	3.98 %	0.90 %
Day Typical Price	1.0	12.07	25.43	11.02	25.51	8.8	7.85
Daily Balance Of Power	0.0	9.2 T	0.0	(9,223,372,036,855)	9.2 T	9.2 T	(9,223,372,036,855)
Period Momentum Indicator	N/A	0.01	N/A	(0.45)	0.07	0.03	(0.02)
Rate Of Daily Change	1.0	1.0	1.0	0.96	1.0	1.0	1.0
Day Median Price	1.0	12.07	25.43	11.02	25.51	8.8	7.85
Price Action Indicator	N/A	0.005	N/A	(0.23)	0.035	0.015	(0.01)
Relative Strength Index	N/A	27.69	N/A	32.82	26.56	34.57	37.0
Coefficient Of Variation	N/A	(688.01)	N/A	(662.06)	(626.71)	(1,363)	(1,394)
Mean Deviation	N/A	0.1282	N/A	0.2609	0.7186	0.2552	0.0694
Jensen Alpha	N/A	(0.04)	N/A	(0.1)	(0.20)	(0.04)	N/A
Total Risk Alpha	N/A	(0.05)	N/A	(0.12)	(0.23)	(0.05)	(0.02)
Standard Deviation	N/A	0.2205	N/A	0.5641	1.09	0.3412	0.1066
Kurtosis	N/A	21.89	N/A	33.57	13.78	2.65	1.93
Potential Upside	N/A	0.1641	N/A	0.4367	1.08	0.4577	0.1274
Treynor Ratio	N/A	(0.57)	N/A	(1.06)	(0.35)	(0.13)	N/A
Maximum Drawdown	N/A	1.72	N/A	2.08	8.31	2.15	0.5089
Variance	N/A	0.0486	N/A	0.3182	1.18	0.1164	0.0114
Market Risk Adjusted Performance	N/A	(0.56)	N/A	(1.05)	(0.34)	(0.12)	N/A
Risk Adjusted Performance	N/A	(0.14)	N/A	(0.12)	(0.12)	(0.07)	(0.12)
Skewness	N/A	(3.75)	N/A	(4.96)	(2.67)	(0.77)	(0.36)
Information Ratio	N/A	(0.35)	N/A	(0.23)	(0.20)	(0.20)	(0.49)
Value At Risk	N/A	(0.33)	N/A	(0.44)	(1.71)	(0.56)	(0.13)

Rydex Series Competition Performance Charts

Five steps to successful analysis of Rydex Series Competition

Rydex Series' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Rydex Series Funds in relation to its competition. Rydex Series' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Rydex Series in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Rydex Series' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Rydex Series Funds, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Rydex Series position

In addition to having Rydex Series in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Plastics

Companies manufacturing rubber and plastics accessories. The Plastics theme has 43 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Plastics Theme or any other thematic opportunities.

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Other Information on Investing in Rydex Money Market Fund

Rydex Series financial ratios help investors to determine whether Rydex Money Market Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rydex with respect to the benefits of owning Rydex Series security.

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