Rydex Russell 2000 2x Strategy Fund Class H (RYRSX)

143.57
Net Asset Value
-0.26%
1 Day
-1.54%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
1.85%
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 Russell 2000- Index 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-9.67% 3 years+12.68%
3 months+0.86% 5 years+19.88%
1 year+16.00% Since inception+6.85%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYRSXCategory
Performance 5-yr return+19.88%+16.48%
Expense ratio1.85%2.01%
Risk 5 year sharpe ratio0.85--
Net assets$44.9M$103.7M
Average market cap$2.0B--
Average P/E22.8--
Portfolio turnover810%810%

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 / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income42.03%
Cash38.43%
U.S. stock19.32%
International stock0.22%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 19.98%
Industrial materials 13.26%
Healthcare 11.12%
Consumer goods 9.14%
Business service 8.87%
Top 10 Holdings
Portfolio weighting
-- 13.36%
-- 12.24%
-- 6.70%
-- 2.36%
-- 0.35%
-- 0.22%
NKTR Nektar Therapeutics0.13%
BLUE bluebird bio Inc0.11%
SAGE SAGE Therapeutics Inc0.07%
KNX Knight-Swift Transportation Holdings Inc0.07%