Rydex Energy Services Fund Class Investor (RYVIX)

26.98
Net Asset Value
-0.44%
1 Day
-4.63%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
No Load
Sales Expenses
1.38%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. Under normal circumstances- the fund invests substantially all (at least 80%) of its net assets in equity securities of Energy Services Companies that are traded in the United States and in derivatives- which primarily consist of futures contracts and options on securities- futures contracts- and stock indices. It may invest to a significant extent in the securities of Energy Services Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Energy Services Companies and U.S. government securities. It is non-diversified.

Performance

1 month+0.74% 3 years-8.30%
3 months-2.59% 5 years-13.26%
1 year+3.88% Since inception-0.30%
Data through --

Peer Comparisonvs. Equity energy

 RYVIXCategory
Performance 5-yr return-13.26%-3.74%
Expense ratio1.38%1.38%
Risk 5 year sharpe ratio-0.32-0.04
Net assets$25.3M$703.4M
Average market cap$8.7B$42.8B
Average P/E--19.8
Portfolio turnover1,830%1,830%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 20 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock96.38%
Cash7.00%
International stock3.54%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 95.40%
Industrial materials 3.87%
Hardware 0.74%
Business service 0.00%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
HAL Halliburton10.91%
BHGE Baker Hughes A GE Co10.75%
SLB Schlumberger10.41%
NOV National Oilwell Varco Inc6.69%
-- 4.46%
HP Helmerich and Payne Inc4.31%
FTI TechnipFMC PLC3.54%
PTEN Patterson-UTI Energy Inc3.51%
CLB Core Laboratories NV2.98%
DO Diamond Offshore Drilling Inc2.77%