Rydex Basic Materials Fund Class Investor (RYBIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Natural resources
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests substantially all (at least 80%) of its net assets in equity securities of Basic Materials Companies that are traded in the United States and in derivatives. It may invest to a significant extent in the securities of Basic Materials Companies that have small to mid-sized capitalizations. Basic Materials Companies are engaged in the manufacture- mining- processing- or distribution of raw materials and intermediate goods used in the industrial sector- and may be involved in the production and transportation of metals- textiles- and wood products. The fund is non-diversified.


1 month-2.16% 3 years+8.85%
3 months+1.60% 5 years+5.28%
1 year+11.83% Since inception+4.30%
Data through --

Peer Comparisonvs. Natural resources

Performance 5-yr return+5.28%+2.65%
Expense ratio1.37%1.44%
Risk 5 year sharpe ratio0.400.20
Net assets$93.7M$632.6M
Average market cap$12.2B$5.0B
Average P/E18.812.1
Portfolio turnover361%361%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 19 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00


U.S. stock84.16%
International stock16.07%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 86.40%
Consumer goods 10.26%
Business service 1.23%
Consumer service 1.12%
Energy 1.00%
Top 10 Holdings
Portfolio weighting
DWDP DowDuPont Inc4.49%
MON Monsanto2.65%
VALE Vale SA2.51%
LYB LyondellBasell Industries NV2.31%
PX Praxair Inc2.27%
ECL Ecolab Inc2.13%
SHW Sherwin-Williams Co2.13%
APD Air Products and Chemicals Inc2.06%
FCX Freeport-McMoRan Inc2.02%
PPG PPG Industries1.86%