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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Rydex Nova Fund

RYNAX |

-

$80.5 M

-

1.78%

Vitals

YTD Return

N/A

1 yr return

-2.0%

3 Yr Avg Return

19.1%

5 Yr Avg Return

21.2%

Net Assets

$80.5 M

Holdings in Top 10

33.9%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.78%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 403.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Rydex Nova Fund

RYNAX |

-

$80.5 M

-

1.78%

RYNAX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 19.1%
  • 5 Yr Annualized Total Return 21.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.23%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Rydex Nova Fund
  • Fund Family Name
    Rydex Funds
  • Inception Date
    Oct 15, 1998
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description


RYNAX - Performance

Return Ranking - Trailing

Period RYNAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -38.2% 52.2% N/A
1 Yr -2.0% -58.3% 29.5% N/A
3 Yr 19.1%* -36.1% 35.4% N/A
5 Yr 21.2%* -32.4% 26.7% N/A
10 Yr 6.2%* -37.9% 33.5% N/A

* Annualized

Return Ranking - Calendar

Period RYNAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -59.6% 39.5% N/A
2022 N/A -58.0% 104.2% N/A
2021 N/A -62.9% 80.1% N/A
2020 N/A -62.1% 86.6% N/A
2019 N/A -87.7% 54.5% N/A

Total Return Ranking - Trailing

Period RYNAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -38.2% 52.2% N/A
1 Yr -2.0% -58.3% 29.5% N/A
3 Yr 19.1%* -36.1% 36.3% N/A
5 Yr 21.2%* -32.4% 27.0% N/A
10 Yr 6.2%* -37.9% 34.8% N/A

* Annualized

Total Return Ranking - Calendar

Period RYNAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -59.6% 39.5% N/A
2022 N/A -58.0% 104.2% N/A
2021 N/A -62.9% 80.1% N/A
2020 N/A -62.1% 86.6% N/A
2019 N/A -87.7% 54.5% N/A

RYNAX - Holdings

Concentration Analysis

RYNAX Category Low Category High RYNAX % Rank
Net Assets 80.5 M 1.01 M 1.17 B N/A
Number of Holdings 518 3 1990 N/A
Net Assets in Top 10 27.2 M -19.2 M 557 M N/A
Weighting of Top 10 33.92% 0.0% 244.9% N/A

Top 10 Holdings

  1. Guggenheim Strategy I 19.14%
  2. FFCB FRN 6.24%
  3. Apple Inc 2.17%
  4. Microsoft Corp 1.18%
  5. Exxon Mobil Corporation 1.05%
  6. Johnson & Johnson 0.87%
  7. General Electric Co 0.83%
  8. Wells Fargo & Co 0.83%
  9. Berkshire Hathaway Inc Class B 0.82%
  10. JPMorgan Chase & Co 0.79%

Asset Allocation

Weighting Return Low Return High RYNAX % Rank
Stocks
58.04% -244.85% 99.95% N/A
Cash
23.13% 0.05% 344.85% N/A
Other
12.59% -3.47% 28.61% N/A
Bonds
6.24% 0.00% 35.52% N/A
Preferred Stocks
0.00% 0.00% 0.00% N/A
Convertible Bonds
0.00% 0.00% 0.26% N/A

Stock Sector Breakdown

Weighting Return Low Return High RYNAX % Rank
Technology
10.38% 0.00% 76.26% N/A
Healthcare
9.19% 0.00% 80.54% N/A
Financial Services
9.11% 0.00% 59.71% N/A
Consumer Cyclical
6.49% 0.00% 55.38% N/A
Industrials
6.18% 0.00% 57.35% N/A
Consumer Defense
5.53% 0.00% 50.87% N/A
Energy
4.19% 0.00% 69.83% N/A
Communication Services
2.33% 0.00% 56.83% N/A
Utilities
1.72% 0.00% 72.91% N/A
Basic Materials
1.61% 0.00% 70.91% N/A
Real Estate
1.31% 0.00% 60.31% N/A

Stock Geographic Breakdown

Weighting Return Low Return High RYNAX % Rank
US
57.21% -244.85% 99.62% N/A
Non US
0.83% -0.05% 90.38% N/A

Bond Sector Breakdown

Weighting Return Low Return High RYNAX % Rank
Cash & Equivalents
23.13% 0.05% 344.85% N/A
Government
6.24% 0.00% 35.52% N/A
Derivative
0.00% -0.46% 0.38% N/A
Securitized
0.00% 0.00% 6.76% N/A
Corporate
0.00% 0.00% 29.10% N/A
Municipal
0.00% 0.00% 0.27% N/A

Bond Geographic Breakdown

Weighting Return Low Return High RYNAX % Rank
US
6.24% 0.00% 35.52% N/A
Non US
0.00% 0.00% 10.43% N/A

RYNAX - Expenses

Operational Fees

RYNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.78% 1.35% 4.12% N/A
Management Fee 0.75% 0.70% 0.90% N/A
12b-1 Fee 0.25% 0.00% 1.00% N/A
Administrative Fee 0.25% 0.05% 0.25% N/A

Sales Fees

RYNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 4.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

RYNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RYNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 403.00% 0.00% 1978.00% N/A

RYNAX - Distributions

Dividend Yield Analysis

RYNAX Category Low Category High RYNAX % Rank
Dividend Yield 0.00% 0.00% 0.08% N/A

Dividend Distribution Analysis

RYNAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

RYNAX Category Low Category High RYNAX % Rank
Net Income Ratio -0.23% -1.94% 1.89% N/A

Capital Gain Distribution Analysis

RYNAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

RYNAX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.24 25.98 6.4 5.75