Rydex Russell 2000 1.5x Strategy Fund Class A (RYAKX)

74.34
Net Asset Value
-0.09%
1 Day
+14.07%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
4.75
Sales Expenses
1.74%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that correlate- before fees and expenses- to 150% of the performance of the Russell 2000- Index for small-cap securities on a daily basis. The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and 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 similarly to the securities of companies included in the underlying index. The fund is non-diversified.

Performance

1 month+7.85% 3 years+14.77%
3 months+10.07% 5 years+16.74%
1 year+29.40% Since inception+9.01%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYAKXCategory
Performance 5-yr return+16.74%+16.48%
Expense ratio1.74%2.01%
Risk 5 year sharpe ratio0.78--
Net assets$11.2M$85.0M
Average market cap$2.0B--
Average P/E19.7--
Portfolio turnover1,315%1,315%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income46.81%
Cash28.37%
U.S. stock25.20%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 20.15%
Industrial materials 13.23%
Healthcare 11.03%
Consumer goods 9.13%
Business service 8.88%
Top 10 Holdings
Portfolio weighting
-- 32.99%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I21.31%
-- 0.80%
-- 0.31%
NKTR Nektar Therapeutics0.16%
GRUB GrubHub Inc0.11%
BLUE bluebird bio Inc0.11%
AZPN Aspen Technology Inc0.08%
-- 0.08%
EHC Encompass Health Corp0.08%