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Rydex Inverse S&P 500® Strategy Fund Investor Class (RYURX)

58.73
Net Asset Value
-0.93%
1 Day
-4.67%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
1.43%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- the inverse (opposite) of the performance of the S&P 500- Index on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities included in the underlying index and investing to a significant extent 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-4.58% 3 years-13.38%
3 months-8.90% 5 years-15.31%
1 year-20.17% Since inception-8.23%
Data through --

Peer Comparisonvs. Bear market

 RYURXCategory
Performance 5-yr return-15.31%-22.83%
Expense ratio1.43%1.92%
Risk 5 year sharpe ratio-1.78-1.45
Net assets$58.1M$101.9M
Average market cap$71.0B$58.6B
Average P/E19.722.5
Portfolio turnover114%114%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 16 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income64.02%
Cash37.55%
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
-- 13.52%
-- 13.52%
-- 10.54%
-- 10.14%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I8.57%
-- 5.41%
-- 5.41%
-- 0.89%
-- 0.82%
-- 0.04%