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

129.44
Net Asset Value
+0.12%
1 Day
+4.83%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
1.79%
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-2.60% 3 years+25.43%
3 months-22.01% 5 years+26.46%
1 year+4.71% Since inception-1.52%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYVYXCategory
Performance 5-yr return+26.46%+16.48%
Expense ratio1.79%2.00%
Risk 5 year sharpe ratio1.01--
Net assets$372.7M$76.5M
Average market cap$196.7B--
Average P/E23.5--
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. stock76.34%
Cash17.88%
Fixed income4.08%
International stock1.69%
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 Apple10.45%
MSFT Microsoft8.09%
AMZN Amazon7.70%
GOOG Google3.72%
FB Facebook3.62%
GOOGL Google3.22%
-- 2.57%
INTC Intel2.14%
CSCO Cisco2.13%
CMCSA Comcast1.72%