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

36.12
Net Asset Value
-0.66%
1 Day
-12.58%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
4.75
Sales Expenses
1.93%
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-8.64% 3 years-34.48%
3 months-20.09% 5 years-36.46%
1 year-46.97% Since inception-29.27%
Data through --

Peer Comparisonvs. Bear market

 RYVTXCategory
Performance 5-yr return-36.46%-22.83%
Expense ratio1.93%1.92%
Risk 5 year sharpe ratio-1.86-1.45
Net assets$15.4M$101.9M
Average market cap--$58.6B
Average P/E--22.5
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 income83.85%
Cash17.51%
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
-- 31.04%
-- 31.04%
-- 20.70%
-- 0.93%
-- 0.28%
-- 0.13%
-- 0.01%