Rydex Technology Fund Class Investor (RYTIX)

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+6.90% 3 years+16.14%
3 months+2.20% 5 years+17.37%
1 year+24.69% Since inception+5.93%
Data through --

Peer Comparisonvs. Technology

Performance 5-yr return+17.37%+19.08%
Expense ratio1.38%1.36%
Risk 5 year sharpe ratio1.221.28
Net assets$110.2M$1.3B
Average market cap$39.0B$52.5B
Average P/E28.025.2
Portfolio turnover320%320%

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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


U.S. stock88.77%
International stock10.70%
Fixed income0.00%
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 Apple3.49%
MSFT Microsoft3.32%
GOOGL Google3.13%
FB Facebook2.72%
V Visa2.05%
BABA Alibaba Group Holding Ltd1.96%
INTC Intel1.95%
CSCO Cisco1.81%
MA MasterCard1.70%
ORCL Oracle1.60%