Rydex NASDAQ-100® 2x Strategy Fund Class A (RYVLX)

136.72
Net Asset Value
+0.07%
1 Day
+10.68%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
4.75
Sales Expenses
1.83%
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 NASDAQ-100 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-4.80% 3 years+28.33%
3 months+10.61% 5 years+40.10%
1 year+54.57% Since inception+20.12%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYVLXCategory
Performance 5-yr return+40.10%+16.48%
Expense ratio1.83%2.01%
Risk 5 year sharpe ratio1.51--
Net assets$526.0M$103.7M
Average market cap$179.0B--
Average P/E27.4--
Portfolio turnover167%167%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock77.94%
Cash17.11%
International stock3.82%
Fixed income1.90%
Other0.00%
Top 5 Sectors
Portfolio weighting
Hardware 32.50%
Telecommunication 16.36%
Consumer service 13.33%
Healthcare 12.35%
Media 4.59%
Top 10 Holdings
Portfolio weighting
AAPL Apple8.82%
MSFT Microsoft7.52%
AMZN Amazon7.17%
FB Facebook4.57%
GOOG Google4.19%
GOOGL Google3.62%
INTC Intel2.31%
CSCO Cisco2.11%
CMCSA Comcast2.03%
-- 1.90%