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

342.64
Net Asset Value
-1.14%
1 Day
+27.07%
Year-to-Date
Overall Morningstar Rating
Trading-leveraged equity
Style or Category
4.75
Sales Expenses
1.76%
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+8.52% 3 years+48.04%
3 months+16.56% 5 years+37.95%
1 year+61.99% Since inception+16.11%
Data through --

Peer Comparisonvs. Trading-leveraged equity

 RYVLXCategory
Performance 5-yr return+37.95%+23.72%
Expense ratio1.76%2.10%
Risk 5 year sharpe ratio1.240.85
Net assets$451.1M$67.9M
Average market cap$95.6B--
Average P/E22.6--
Portfolio turnover346%346%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 9 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock70.65%
Cash25.73%
International stock2.60%
Fixed income1.02%
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 Apple Inc9.70%
MSFT Microsoft Corp5.89%
GOOG Google Inc Class C3.03%
INTC Intel Corp2.73%
GILD Gilead Sciences Inc2.59%
GOOGL Google Inc Class A2.57%
AMZN Amazon.com Inc2.45%
FB Facebook Inc Class A2.34%
QCOM Qualcomm Inc2.02%
CSCO Cisco Systems Inc2.01%

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