Rydex Inverse Russell 2000® Strategy Fund Class A (RYAFX)

Net Asset Value
1 Day
Overall Morningstar Rating
Bear market
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- the inverse (opposite) of the performance of the Russell 2000- Index on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities included in the underlying index and investing to a significant extent in derivative instruments. It will invest at least 80% of its net assets- plus any borrowings for investment purposes- in financial instruments with economic characteristics that should perform opposite to the securities of companies included in the underlying index. The fund is non-diversified.


1 month-3.24% 3 years-11.17%
3 months-2.73% 5 years-14.18%
1 year-16.57% Since inception-12.25%
Data through --

Peer Comparisonvs. Bear market

Performance 5-yr return-14.18%-22.83%
Expense ratio1.72%1.92%
Risk 5 year sharpe ratio-1.06-1.36
Net assets$5.4M$94.4M
Average market cap$85.7B$98.0B
Average P/E22.522.1
Portfolio turnover58%58%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00


Fixed income33.77%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 18.51%
-- 11.20%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I9.45%
-- 0.69%
-- 0.52%
-- 0.04%
-- 0.03%