Rydex Electronics Fund Class H (RYSAX)

120.55
Net Asset Value
-1.02%
1 Day
+0.74%
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
No Load
Sales Expenses
1.63%
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.

Performance

1 month-8.85% 3 years+15.90%
3 months-6.80% 5 years+21.45%
1 year+21.26% Since inception+4.73%
Data through --

Peer Comparisonvs. Technology

 RYSAXCategory
Performance 5-yr return+21.45%+19.08%
Expense ratio1.63%1.38%
Risk 5 year sharpe ratio1.221.29
Net assets$76.8M$1.3B
Average market cap$20.1B$56.0B
Average P/E23.627.6
Portfolio turnover643%643%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 20 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock100.95%
International stock17.65%
Cash5.18%
Fixed income0.00%
Other0.00%
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 Intel10.09%
NVDA NVIDIA Corp7.45%
TXN Texas Instruments6.32%
AVGO Broadcom Inc6.30%
QCOM Qualcomm5.50%
MU Micron Technology Inc4.91%
AMAT Applied Materials Inc4.70%
ADI Analog Devices Inc3.69%
LRCX Lam Research Corp3.54%
MCHP Microchip Technology Inc2.88%