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 Dynamic Weakening Dollar Fund Class H (RYWBX)

12.02
Net Asset Value
+0.59%
1 Day
-14.02%
Year-to-Date
Overall Morningstar Rating
Trading-miscellaneous
Style or Category
No Load
Sales Expenses
1.76%
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 U.S. Dollar 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. The U.S. Dollar Index ® measures the performance of the U.S. dollar against a basket of foreign currencies that include the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. The fund is non-diversified.

Performance

1 month-3.45% 3 years-11.45%
3 months-5.21% 5 years-7.44%
1 year-30.08% Since inception-2.88%
Data through --

Peer Comparisonvs. Trading-miscellaneous

 RYWBXCategory
Performance 5-yr return-7.44%-6.30%
Expense ratio1.76%2.07%
Risk 5 year sharpe ratio-0.21--
Net assets$7.8M$22.3M
Average market cap--$39.7B
Average P/E--19.4
Portfolio turnover219%219%

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 / 10 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash62.40%
Fixed income37.60%
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
Holdings not available.