Rydex S&P 500 2x Strategy Fund Class H (RYTNX)

111.86
Net Asset Value
+0.63%
1 Day
+3.15%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
1.80%
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 S&P 500- 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+4.71% 3 years+17.48%
3 months-1.69% 5 years+22.11%
1 year+28.24% Since inception+2.66%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYTNXCategory
Performance 5-yr return+22.11%+16.48%
Expense ratio1.80%2.01%
Risk 5 year sharpe ratio1.08--
Net assets$153.8M$81.4M
Average market cap$96.0B$93.2B
Average P/E20.6--
Portfolio turnover411%411%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock80.54%
Cash18.91%
International stock0.68%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 16.34%
Energy 12.76%
Industrial materials 12.02%
Healthcare 10.52%
Consumer goods 10.49%
Top 10 Holdings
Portfolio weighting
AAPL Apple3.05%
MSFT Microsoft2.62%
AMZN Amazon2.29%
FB Facebook1.50%
JPM JPMorgan Chase1.36%
BRKB Berkshire Hathaway1.35%
JNJ Johnson & Johnson1.23%
XOM Exxon Mobil1.20%
GOOG Google1.12%
GOOGL Google1.11%