Rydex Electronics Fund Class A (RYELX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. Under normal circumstances- the fund invests substantially all (at least 80%) of its net assets in equity securities of Electronics Companies that are traded in the United States and in derivatives- which primarily consist of futures contracts and options on securities- futures contracts- and stock indices. It may invest to a significant extent in the securities of Electronics Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Electronics Companies and U.S. government securities. It is non-diversified.


1 month+6.63% 3 years+18.54%
3 months+7.33% 5 years+22.78%
1 year+31.29% Since inception+8.03%
Data through --

Peer Comparisonvs. Technology

Performance 5-yr return+22.78%+19.49%
Expense ratio1.63%1.39%
Risk 5 year sharpe ratio1.281.37
Net assets$77.8M$1.3B
Average market cap$25.0B$49.7B
Average P/E26.229.2
Portfolio turnover643%643%

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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. stock84.99%
International stock14.28%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Hardware 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
INTC Intel8.37%
TXN Texas Instruments5.61%
AVGO Broadcom Ltd5.08%
QCOM Qualcomm5.05%
AMAT Applied Materials Inc4.31%
MU Micron Technology Inc4.18%
ADI Analog Devices Inc3.07%
LRCX Lam Research Corp2.95%
SWKS Skyworks Solutions Inc2.46%