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Rydex S&P 500 2x Strategy Fund Class A (RYTTX)

105.66
Net Asset Value
-0.82%
1 Day
+31.55%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
4.75
Sales Expenses
1.79%
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+5.03% 3 years+19.91%
3 months+7.62% 5 years+27.15%
1 year+44.04% Since inception+9.95%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYTTXCategory
Performance 5-yr return+27.15%+16.48%
Expense ratio1.79%2.04%
Risk 5 year sharpe ratio1.25--
Net assets$145.2M$71.8M
Average market cap$89.7B--
Average P/E22.0--
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. stock79.57%
Cash15.68%
Fixed income4.06%
International stock0.69%
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 Apple2.94%
MSFT Microsoft2.12%
FB Facebook1.50%
AMZN Amazon1.42%
BRKB Berkshire Hathaway1.30%
JNJ Johnson & Johnson1.29%
XOM Exxon Mobil1.28%
JPM JPMorgan Chase1.24%
GOOGL Google1.07%
GOOG Google1.07%