Sp 500 Competition

Mutual Funds . USA . 
Fund . Sp 500 Fund
RYSPX Fund  USD 102.58  0.41  0.40%   
Sp 500 Fund competes with Alger Smallcap, Amg Gwk, Arbitrage Credit, Infrastructure Fund, and Broadview Opportunity; as well as few others. The fund is listed under Large Blend category and is part of Rydex Funds family. Analyzing Sp 500 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 Sp 500 to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Sp 500 Correlation with its peers.

Sp 500 vs Third Avenue Correlation

Very poor diversification

The correlation between Sp 500 Fund and TVSVX is 0.84 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sp 500 Fund and TVSVX in the same portfolio, assuming nothing else is changed.

Moving together with RYSPX Mutual Fund

  0.9RYBCX Basic MaterialsPairCorr
  0.9RYBAX Basic MaterialsPairCorr
  0.89RYBKX Banking Fund ClassPairCorr
  0.89RYBMX Basic MaterialsPairCorr
  0.87RYBHX Sp Midcap 400PairCorr

Moving against RYSPX Mutual Fund

  0.82RYAFX Inverse Russell 2000PairCorr
  0.81RYAGX Inverse Mid CapPairCorr
  0.67RYARX Inverse Sp 500PairCorr
  0.6RYABX Government Long BondPairCorr
  0.49RYACX Inverse Nasdaq 100PairCorr
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
101.37102.17102.97
Details
Intrinsic
Valuation
LowRealHigh
89.6290.42112.39
Details
Naive
Forecast
LowNextHigh
101.26102.06102.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
100.36101.62102.88
Details

Sp 500 Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Sp 500 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 RYSPX 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 Sp 500 Fund does not affect the price movement of the other competitor.

High positive correlations

NCBVX
+ 0.94
FLRUX
TVSVX
+ 0.94
NCBVX
BVAOX
+ 0.9
ALSRX
NXDT
+ 0.88
FLRUX
NCBVX
+ 0.87
ARCFX
TVSVX
+ 0.87
VTN
  

High negative correlations

DNINX
- 0.13
GWMNX

Risk-Adjusted Indicators

There is a big difference between RYSPX Mutual Fund performing well and Sp 500 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 Sp 500'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ALSRX  1.14  0.02  0.02  0.08  1.33 
(1.22)
 2.18 
(2.19)
 6.28 
GWMNX  0.09 (0.01)(0.31) 2.42  0.13 
(0.16)
 0.22 
(0.22)
 0.88 
ARCFX  0.06  0.00 (0.61) 0.18  0.00 
(0.16)
 0.10 
(0.10)
 0.61 
FLRUX  0.24  0.02 (0.13) 0.39  0.20 
(0.30)
 0.51 
(0.41)
 2.12 
BVAOX  0.81 (0.01) 0.00  0.07  0.99 
(0.82)
 1.86 
(1.73)
 4.62 
NXDT  4.15  0.52  0.08 (4.59) 4.95 
(4.67)
 10.00 
(6.93)
 28.03 
NCBVX  0.61  0.08  0.04  0.46  0.58 
(0.68)
 1.57 
(1.26)
 3.36 
VTN  0.41  0.05 (0.01) 0.40  0.37 
(0.48)
 0.93 
(0.74)
 2.10 
DNINX  0.70  0.03  0.01  0.11  1.82 
(0.65)
 1.30 
(1.23)
 10.32 
TVSVX  0.78  0.14  0.18  0.23  0.47 
(1.03)
 2.11 
(1.00)
 7.10 

Sp 500 Competitive Analysis

The better you understand Sp 500 competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Sp 500'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 Sp 500'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
RYSPX ALSRX GWMNX ARCFX FLRUX BVAOX NXDT NCBVX VTN DNINX
 0.40 
 102.58 
RYSPX
 0.38 
 18.66 
Alger
 0.11 
 9.05 
Amg
 0.10 
 9.88 
Arbitrage
 0.25 
 24.40 
Infrastructure
 1.46 
 10.12 
Broadview
 14.39 
 4.93 
NexPoint
 0.48 
 23.13 
Prudential
 0.09 
 11.43 
Invesco
 1.72 
 24.26 
Dunham
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very risky
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Mild
Mild
Weakest
Good
Fair
Fair
Good
Good
Solid
Soft
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Average
Low
Small
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over 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
Strong Sell
Not Available
Strong Buy
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Hold
Cautious Hold
Strong Sell
Sell
Hold
Strong Sell
Hold
Cautious Hold
Strong Hold
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
25.23
N/A
Net Asset
169.47 M
77.83 M
159.44 M
158.43 M
161.82 M
152.06 M
1.22 B
166.17 M
259.49 M
193.45 M
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
-1.04
N/A
-0.93
N/A
EBITDA
N/A
N/A
N/A
N/A
N/A
N/A
(39.6 M)
N/A
5.85 M
N/A
Price To Book
2.61
3.23
N/A
3.87
1.87
2.1
0.29
1.31
1.1
1.56
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
-0.23
N/A
0.88
N/A
Current Valuation
N/A
N/A
N/A
N/A
N/A
N/A
533.97 M
N/A
346.62 M
N/A
Five Year Return
12.77
-5.66
-0.38
3.35
3.4
3.57
12.04
9.98
4.82
12.42
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
(202.82 M)
N/A
(28.92 M)
N/A
One Year Return
16.42
10.82
3.82
4.29
7.89
-4.41
N/A
11.49
N/A
52.97
Beta
N/A
N/A
N/A
N/A
N/A
N/A
0.85
N/A
0.72
N/A
Cash Position Weight
5.43
1.16
N/A
11.57
63.29
5.98
N/A
0.11
N/A
5.64
Equity Positions Weight
95.48
95.73
N/A
-5.94
10.69
94.02
N/A
99.89
N/A
94.36
Shares Outstanding
N/A
N/A
N/A
N/A
N/A
N/A
49.02 M
N/A
14.61 M
N/A
Three Year Return
19.87
9.38
3.54
5.3
7.57
9.02
N/A
9.93
N/A
23.21
Cash Flow From Operations
N/A
N/A
N/A
N/A
N/A
N/A
(11.66 M)
N/A
112.3 M
N/A
Annual Yield
N/A
N/A
0.0326
0.0393
0.0248
N/A
0.14
0.0068
0.0716
0.0139
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
357.92 M
N/A
41.14 M
N/A
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
-0.13
N/A
-0.0636
N/A
Bond Positions Weight
N/A
N/A
100.0
6.62
2.08
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
N/A
N/A
N/A
N/A
0.003
N/A
0.0238
N/A
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
1.38 M
N/A
141.93 K
N/A
Book Value Per Share
N/A
N/A
N/A
N/A
N/A
N/A
15.08
N/A
10.36
N/A
Minimum Initial Investment
N/A
N/A
2 K
N/A
N/A
N/A
N/A
N/A
N/A
100 K
Total Asset
134.36 M
43.39 M
3.24 M
4.22 M
11.31 M
136.42 M
1.22 B
1.02 M
259.49 M
176.37 M
Last Dividend Paid
0.02
N/A
0.02
0.02
0.1
N/A
0.6
0.23
0.82
0.15
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
2.71
N/A
2.37
N/A
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.56
N/A
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
50.57
N/A
11.68
N/A
Market Capitalization
N/A
N/A
N/A
N/A
N/A
N/A
211.28 M
N/A
167.2 M
N/A
Price To Earning
18.75
1.36
N/A
85.43
21.5
20.78
2.34
14.18
477.5
13.83
Price To Sales
1.83
3.19
N/A
5.29
1.23
1.33
2.26
0.9
12.73
0.98
Net Income
N/A
N/A
N/A
N/A
N/A
N/A
(46.73 M)
N/A
5.85 M
N/A
Earnings Per Share
N/A
N/A
N/A
N/A
N/A
N/A
-2.27
N/A
-0.86
N/A
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
27.77
N/A
N/A
N/A
Year To Date Return
1.35
6.27
0.66
0.31
0.17
7.01
N/A
4.37
N/A
5.62
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
37.76 M
N/A
15.01 M
N/A
Ten Year Return
11.27
13.64
5.18
N/A
7.07
8.53
N/A
4.81
N/A
5.19
Cash And Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.13 M
N/A
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.06
N/A
Gross Profit
N/A
N/A
N/A
N/A
N/A
N/A
59.48 M
N/A
13.13 M
N/A
Day Typical Price
102.58
18.66
9.05
9.88
24.4
10.12
4.8
23.13
11.43
24.26
Accumulation Distribution
N/A
N/A
N/A
N/A
N/A
N/A
35162.9
N/A
152.74
N/A
Daily Balance Of Power
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
0
1.319149
9.2 T
0.125
9.2 T
Period Momentum Indicator
0.41
0.07
0.01
0.01
0.06
(0.15)
0.62
0.11
0.01
0.41
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.0
0.99
1.14
1.0
1.0
1.02
Day Median Price
102.58
18.66
9.05
9.88
24.4
10.12
4.73
23.13
11.43
24.26
Price Action Indicator
0.2
0.035
0.005
0.005
0.03
(0.07)
0.5
0.055
0.005
0.21
Relative Strength Index
57.44
55.88
52.2
74.07
59.24
54.54
64.39
59.55
56.08
63.09
Coefficient Of Variation
881.57
1264.48
4262.42
614.49
908.3
1234.66
1024.81
722.97
693.32
1281.86
Mean Deviation
0.5758
1.14
0.0919
0.0557
0.2416
0.8053
4.15
0.6105
0.4061
0.7006
Jensen Alpha
0.0267
0.0157
(0.01)
0.0033
0.0221
(0.01)
0.5151
0.0827
0.0545
0.0309
Total Risk Alpha
0.0032
(0.03)
(0.02)
(0)
(0.01)
(0.03)
(0.01)
0.0225
0.0151
(0.03)
Sortino Ratio
0.0096
0.0212
(0.31)
(0.61)
(0.13)
0.0045
0.0816
0.0356
(0.01)
0.0105
Downside Variance
0.7789
2.14
0.0626
0.0115
0.1068
1.2
28.58
0.5747
0.2795
4.22
Standard Deviation
0.7886
1.42
0.1476
0.095
0.337
1.06
5.3
0.7805
0.5282
1.32
Kurtosis
1.11
0.1735
5.59
11.45
2.8
0.0736
0.6247
0.0331
0.4309
31.75
Potential Upside
1.22
2.18
0.2217
0.1024
0.507
1.86
10.0
1.57
0.9294
1.3
Treynor Ratio
0.1069
0.0839
2.42
0.1808
0.3872
0.0658
(4.59)
0.4554
0.4009
0.1064
Maximum Drawdown
4.53
6.28
0.8825
0.6114
2.12
4.62
28.03
3.36
2.1
10.32
Variance
0.6218
2.0
0.0218
0.009
0.1136
1.12
28.1
0.6092
0.279
1.73
Market Risk Adjusted Performance
0.1169
0.0939
2.43
0.1908
0.3972
0.0758
(4.58)
0.4654
0.4109
0.1164
Risk Adjusted Performance
0.0839
0.0628
(0.02)
0.0522
0.069
0.0625
0.0802
0.1021
0.102
0.0617
Skewness
(0.17)
(0.31)
(1.52)
2.63
0.544
0.1454
(0.22)
0.216
0.0134
(4.84)
Semi Deviation
0.7431
1.33
0.1263
0.0
0.2029
0.9918
4.95
0.5849
0.3739
1.82
Information Ratio
0.0108
0.0219
(0.52)
(0.69)
(0.13)
0.0046
0.0823
0.0346
(0.01)
0.0165
Value At Risk
(1.17)
(2.19)
(0.22)
(0.10)
(0.41)
(1.73)
(6.93)
(1.26)
(0.74)
(1.23)
Expected Short fall
(0.59)
(1.22)
(0.16)
(0.16)
(0.30)
(0.82)
(4.67)
(0.68)
(0.48)
(0.65)
Downside Deviation
0.8825
1.46
0.2503
0.1073
0.3268
1.09
5.35
0.7581
0.5287
2.05
Semi Variance
0.5522
1.76
0.0159
(0.01)
0.0412
0.9836
24.48
0.3421
0.1398
3.3

Sp 500 Competition Performance Charts

Five steps to successful analysis of Sp 500 Competition

Sp 500'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 Sp 500 Fund in relation to its competition. Sp 500's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Sp 500 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 Sp 500's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Sp 500 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 Sp 500 position

In addition to having Sp 500 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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Diversified Assets
Diversified Assets Theme
Pablicly traded close-end funds and other entities backed by different types of diversified investments. The Diversified Assets theme has 39 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 Diversified Assets Theme or any other thematic opportunities.
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Other Information on Investing in RYSPX Mutual Fund

Sp 500 financial ratios help investors to determine whether RYSPX 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 RYSPX with respect to the benefits of owning Sp 500 security.
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