Rydex Technology Fund Class H (RYTAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
No Load
Sales Expenses
Expense Ratio
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 Technology 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 Technology Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Technology Companies and U.S. government securities. It is non-diversified.


1 month-3.47% 3 years+16.64%
3 months+1.64% 5 years+18.48%
1 year+32.19% Since inception+5.13%
Data through --

Peer Comparisonvs. Technology

Performance 5-yr return+18.48%+19.08%
Expense ratio1.63%1.38%
Risk 5 year sharpe ratio1.211.29
Net assets$134.3M$1.3B
Average market cap$35.9B$56.0B
Average P/E29.427.6
Portfolio turnover320%320%

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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. stock84.60%
International stock10.48%
Fixed income3.29%
Top 5 Sectors
Portfolio weighting
Hardware 40.88%
Telecommunication 20.40%
Business service 5.83%
Financial service 3.04%
Consumer service 2.71%
Top 10 Holdings
Portfolio weighting
AAPL Apple3.34%
MSFT Microsoft3.05%
GOOGL Google3.00%
FB Facebook2.38%
BABA Alibaba Group Holding Ltd1.90%
INTC Intel1.85%
V Visa1.82%
CSCO Cisco1.66%
MA MasterCard1.57%
ORCL Oracle1.52%