Nasdaq-100 Fund Competition

RYHOX Fund

USD 77.87 0.66 0.85%

Nasdaq 100 Fund competes with Nasdaq-100 Fund, Nasdaq-100 Fund, Nasdaq-100 Profund, Select Fund, and Select Fund; as well as few others. The fund is listed under Large Growth category and is part of Rydex Funds family. Analyzing Nasdaq-100 Fund 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 Nasdaq-100 Fund to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Nasdaq-100 Fund 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 Nasdaq-100 Fund competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
76.77	77.87	78.97

Details

Intrinsic

Valuation

Low	Real	High
69.65	70.75	85.66

Details

Nasdaq-100 Fund Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nasdaq-100 Fund 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 Nasdaq-100 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 Nasdaq 100 Fund does not affect the price movement of the other competitor.

	RYCOX	RYATX	OTPIX	ASERX	ACSLX
RYCOX		1.0	0.94	0.94	0.94	RYCOX
RYATX	1.0		0.94	0.94	0.94	RYATX
OTPIX	0.94	0.94		1.0	1.0	OTPIX
ASERX	0.94	0.94	1.0		1.0	ASERX
ACSLX	0.94	0.94	1.0	1.0		ACSLX
	RYCOX	RYATX	OTPIX	ASERX	ACSLX

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Risk-Adjusted Indicators

There is a big difference between Nasdaq-100 Mutual Fund performing well and Nasdaq-100 Fund Mutual 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 Nasdaq-100 Fund's 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	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
RYCOX	0.75	0.10	(0.01)	(2.19)	1.09	(0.72)	1.54	(2.41)	5.15
RYATX	0.75	0.10	(0.01)	(2.30)	1.09	(0.72)	1.55	(2.40)	5.13
OTPIX	0.77	(0.03)	(0.03)	0.08	1.09	(0.76)	1.57	(2.40)	5.12
ASERX	0.71	(0.03)	(0.04)	0.08	1.08	(0.65)	1.70	(2.21)	5.37
ACSLX	0.71	(0.03)	(0.04)	0.08	1.08	(0.65)	1.69	(2.21)	5.37

Unable to evaluate fundamental data of [RYCOX, RYATX, OTPIX, ASERX, ACSLX] at this time. Please try again later

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Nasdaq-100 Fund Competitive Analysis

The better you understand Nasdaq-100 Fund competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nasdaq-100 Fund's 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 Nasdaq-100 Fund's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	RYHOX	RYCOX	RYATX	OTPIX	ASERX	ACSLX
	0.85 77.87 Nasdaq-100	0.86 62.22 Nasdaq-100	0.85 77.89 Nasdaq-100	0.85 44.58 Nasdaq-100	0.62 115.17 Select	0.62 94.39 Select
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	OK	OK	OK	Modest	Modest	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Fairly Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Strong Sell	Strong Hold	Strong Hold	Strong Hold
Net Asset	1.43 B	1.59 B	1.59 B	134.12 M	3.27 B	4.41 B
Minimum Initial Investment	N/A	N/A	2.5 K	15 K	N/A	N/A
Price To Book	4.45 X	4.48 X	4.48 X	4.42 X	5.02 X	4.47 X
Five Year Return	19.36 %	18.21 %	19.10 %	18.25 %	16.19 %	15.61 %
One Year Return	29.03 %	28.43 %	29.39 %	28.08 %	28.99 %	28.33 %
Price To Earning	21.82 X	21.60 X	21.60 X	2.01 X	20.43 X	19.53 X
Price To Sales	2.82 X	2.83 X	2.83 X	2.80 X	2.43 X	2.29 X
Cash Position Weight	1.58 %	1.58 %	2.20 %	27.47 %	1.34 %	1.34 %
Equity Positions Weight	95.47 %	95.47 %	94.47 %	72.53 %	98.22 %	98.22 %
Three Year Return	7.51 %	6.79 %	7.59 %	6.44 %	6.98 %	6.45 %
Year To Date Return	22.79 %	22.12 %	22.94 %	21.95 %	23.74 %	23.18 %
Bond Positions Weight	0.36 %	0.36 %	2.41 %	N/A	N/A	N/A
Ten Year Return	17.36 %	16.50 %	17.35 %	16.71 %	14.43 %	13.86 %
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	77.87	62.22	77.89	44.58	115.17	94.39
Period Momentum Indicator	0.66	0.53	0.66	(0.38)	(0.72)	(0.59)
Rate Of Daily Change	1.01	1.01	1.01	0.99	0.99	0.99
Day Median Price	77.87	62.22	77.89	44.58	115.17	94.39
Price Action Indicator	0.33	0.27	0.33	(0.19)	(0.36)	(0.30)
Coefficient Of Variation	1005.68	1033.93	1005.65	1253.82	1279.25	1309.76
Mean Deviation	0.7485	0.748	0.7479	0.7734	0.7114	0.7113
Jensen Alpha	0.1038	0.1009	0.1037	(0.03)	(0.03)	(0.03)
Total Risk Alpha	(0.07)	(0.07)	(0.07)	(0.09)	(0.08)	(0.09)
Sortino Ratio	(0.01)	(0.01)	(0.01)	(0.03)	(0.04)	(0.04)
Downside Variance	1.82	1.75	1.82	1.64	1.56	1.56
Standard Deviation	1.09	1.09	1.09	1.1	1.03	1.03
Kurtosis	1.59	1.6	1.59	1.4	1.65	1.65
Potential Upside	1.55	1.54	1.55	1.57	1.7	1.69
Treynor Ratio	(2.29)	(2.19)	(2.30)	0.0804	0.0816	0.0793
Maximum Drawdown	5.13	5.15	5.13	5.12	5.37	5.37
Variance	1.2	1.2	1.2	1.22	1.06	1.06
Market Risk Adjusted Performance	(2.28)	(2.18)	(2.29)	0.0904	0.0916	0.0893
Risk Adjusted Performance	0.0792	0.0771	0.0792	0.0642	0.0625	0.0611
Skewness	(0.60)	(0.59)	(0.60)	(0.53)	(0.56)	(0.55)
Semi Deviation	1.09	1.09	1.09	1.09	1.08	1.08
Information Ratio	(0.02)	(0.02)	(0.02)	(0.03)	(0.04)	(0.05)
Value At Risk	(2.40)	(2.41)	(2.40)	(2.40)	(2.21)	(2.21)
Expected Short fall	(0.72)	(0.72)	(0.72)	(0.76)	(0.65)	(0.65)
Downside Deviation	1.35	1.32	1.35	1.28	1.25	1.25
Semi Variance	1.18	1.19	1.18	1.19	1.16	1.16

Nasdaq-100 Fund Competition Performance Charts

Five steps to successful analysis of Nasdaq-100 Fund Competition

Nasdaq-100 Fund's 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 Nasdaq 100 Fund in relation to its competition. Nasdaq-100 Fund's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Nasdaq-100 Fund 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 Nasdaq-100 Fund's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nasdaq 100 Fund, 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 Nasdaq-100 Fund position

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Companies making data storages or providing data storage services. The Data Storage theme has 43 constituents at this time.

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Other Information on Investing in Nasdaq-100 Mutual Fund

Nasdaq-100 Fund financial ratios help investors to determine whether Nasdaq-100 Mutual 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 Nasdaq-100 with respect to the benefits of owning Nasdaq-100 Fund security.

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