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Rydex Inverse NASDAQ-100® 2x Strategy Fund Class H (RYVNX)

40.46
Net Asset Value
-2.39%
1 Day
-45.53%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
1.83%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- 200% of the inverse (opposite) of the performance of the NASDAQ-100 Index- on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities generally included in the underlying index and investing in 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 opposite to the securities of companies included in the underlying index. The fund is non-diversified.

Performance

1 month-6.60% 3 years-32.12%
3 months-14.98% 5 years-36.31%
1 year-43.99% Since inception-25.42%
Data through --

Peer Comparisonvs. Bear market

 RYVNXCategory
Performance 5-yr return-36.31%-22.27%
Expense ratio1.83%1.91%
Risk 5 year sharpe ratio-1.84-1.47
Net assets$14.8M$105.1M
Average market cap--$62.2B
Average P/E--22.4
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income88.35%
Cash41.99%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 26.51%
-- 26.51%
-- 17.67%
-- 17.65%
-- 1.17%
-- 0.82%
-- 0.06%
-- 0.04%