Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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

46.21
Net Asset Value
+1.34%
1 Day
-37.71%
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-4.50% 3 years-32.97%
3 months-6.75% 5 years-34.52%
1 year-40.20% Since inception-28.98%
Data through --

Peer Comparisonvs. Bear market

 RYVTXCategory
Performance 5-yr return-34.52%-22.27%
Expense ratio1.93%2.00%
Risk 5 year sharpe ratio-1.60-1.37
Net assets$15.8M$112.8M
Average market cap--$64.2B
Average P/E--21.4
Portfolio turnover0%0%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

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

Cash64.74%
Fixed income38.03%
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
-- 19.02%
-- 19.00%
-- 2.43%
-- 0.11%
-- 0.10%
-- 0.04%