Rydex Inverse NASDAQ-100® 2x Strategy Fund Class C (RYCDX)

Net Asset Value
1 Day
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
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.


1 month+9.82% 3 years-30.27%
3 months+17.54% 5 years-31.03%
1 year-21.39% Since inception-27.49%
Data through --

Peer Comparisonvs. Bear market

Performance 5-yr return-31.03%-20.60%
Expense ratio2.49%2.13%
Risk 5 year sharpe ratio-1.44-1.00
Net assets$16.9M$90.2M
Average market cap--$57.7B
Average P/E--14.1
Portfolio turnover0%0%

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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


Fixed income22.87%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 21.91%
-- 0.16%
-- 0.05%
-- 0.03%
-- 0.01%