Rydex Dow 2x Strategy Fund Class A (RYLDX)

87.53
Net Asset Value
-0.47%
1 Day
-1.05%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
4.75
Sales Expenses
1.86%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- 200% of the performance of the Dow Jones Industrial Average- 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 in the underlying index. The fund is non-diversified.

Performance

1 month+5.79% 3 years+22.70%
3 months-5.00% 5 years+21.59%
1 year+36.46% Since inception+11.09%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYLDXCategory
Performance 5-yr return+21.59%+16.48%
Expense ratio1.86%2.01%
Risk 5 year sharpe ratio1.01--
Net assets$50.6M$81.4M
Average market cap$179.0B$93.2B
Average P/E23.7--
Portfolio turnover350%350%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock86.01%
Cash10.01%
Fixed income3.98%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 26.93%
Hardware 14.59%
Energy 11.18%
Consumer service 10.60%
Financial service 10.07%
Top 10 Holdings
Portfolio weighting
BA Boeing8.24%
GS Goldman Sachs5.89%
UNH UnitedHealth5.84%
MMM 3M4.80%
HD Home Depot4.57%
MCD McDonald's4.14%
AAPL Apple4.08%
IBM IBM3.58%
CAT Caterpillar3.57%
TRV Travelers Companies Inc3.25%