Rydex NASDAQ-100® 2x Strategy Fund Class A (RYVLX)

157.59
Net Asset Value
-0.10%
1 Day
+27.57%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
4.75
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+1.40% 3 years+30.38%
3 months+20.31% 5 years+38.29%
1 year+47.16% Since inception+19.45%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYVLXCategory
Performance 5-yr return+38.29%+16.48%
Expense ratio1.83%2.01%
Risk 5 year sharpe ratio1.37--
Net assets$463.4M$86.9M
Average market cap$192.0B--
Average P/E25.6--
Portfolio turnover167%167%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 13 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock75.16%
Cash21.23%
International stock3.32%
Fixed income2.12%
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 Apple9.22%
AMZN Amazon7.67%
MSFT Microsoft7.40%
FB Facebook4.47%
GOOG Google3.69%
GOOGL Google3.19%
INTC Intel2.51%
-- 2.12%
CSCO Cisco2.00%
NVDA NVIDIA Corp1.48%