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

139.73
Net Asset Value
+0.02%
1 Day
+13.16%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
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+10.56% 3 years+35.43%
3 months+22.81% 5 years+40.52%
1 year+77.84% Since inception-2.17%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYVYXCategory
Performance 5-yr return+40.52%+16.48%
Expense ratio1.83%2.01%
Risk 5 year sharpe ratio1.46--
Net assets$441.3M$98.4M
Average market cap$163.6B$71.0B
Average P/E25.322.3
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. stock74.72%
Cash19.94%
International stock3.70%
Fixed income2.25%
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 Apple9.52%
MSFT Microsoft6.95%
AMZN Amazon6.06%
FB Facebook4.50%
GOOG Google3.81%
GOOGL Google3.31%
INTC Intel2.26%
-- 2.25%
CSCO Cisco2.00%
CMCSA Comcast1.89%