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+5.82% 3 years+18.42%
3 months+12.20% 5 years+18.61%
1 year+35.29% Since inception+6.15%
Data through --

Peer Comparisonvs. Technology

Performance 5-yr return+18.61%+19.49%
Expense ratio1.38%1.39%
Risk 5 year sharpe ratio1.321.37
Net assets$133.8M$1.3B
Average market cap$39.1B$49.7B
Average P/E30.229.2
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. stock86.51%
International stock12.79%
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 Apple3.40%
GOOGL Google3.14%
MSFT Microsoft3.14%
FB Facebook2.54%
V Visa1.83%
INTC Intel1.80%
CSCO Cisco1.80%
ORCL Oracle1.62%
MA MasterCard1.61%
BABA Alibaba Group Holding Ltd1.53%