Rydex Inverse NASDAQ-100® 2x Strategy Fund Class H (RYVNX)

29.53
Net Asset Value
+2.43%
1 Day
-28.65%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
1.83%
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.

Performance

1 month+0.48% 3 years-34.00%
3 months-12.84% 5 years-35.52%
1 year-39.78% Since inception-25.90%
Data through --

Peer Comparisonvs. Bear market

 RYVNXCategory
Performance 5-yr return-35.52%-21.22%
Expense ratio1.83%2.16%
Risk 5 year sharpe ratio-1.75-1.27
Net assets$11.1M$92.3M
Average market cap--$51.8B
Average P/E--17.5
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

Holdings

Cash63.62%
Fixed income37.50%
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
-- 40.36%
-- 2.29%
-- 0.70%
-- 0.06%
-- 0.05%