RYRUX: Rydex Russell 2000 2x Strategy Fund - MutualFunds.com
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Rydex Russell 2000 2x Strategy A

RYRUX - Snapshot

Vitals

  • YTD Return 33.5%
  • 3 Yr Annualized Return 13.2%
  • 5 Yr Annualized Return 22.5%
  • Net Assets $34.7 M
  • Holdings in Top 10 74.1%

52 WEEK LOW AND HIGH

$245.80
$91.55
$257.96

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.81%

SALES FEES

  • Front Load 4.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 360.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Trading--Leveraged Equity

Compare RYRUX to Popular Leveraged Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$113.09

+3.73%

$12.15 B

-

$0.00

-37.79%

0.98%

$39.18

-2.15%

$4.94 B

0.06%

$0.03

-91.36%

1.06%

$66.37

-0.72%

$4.28 B

-

$0.00

-40.88%

0.99%

$115.42

-1.14%

$3.84 B

0.13%

$0.15

26.23%

0.91%

$114.18

+0.02%

$3.51 B

0.26%

$0.29

71.56%

1.03%

RYRUX - Profile

Distributions

  • YTD Total Return 33.5%
  • 3 Yr Annualized Total Return 11.4%
  • 5 Yr Annualized Total Return 21.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.57%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Rydex Russell 2000 2x Strategy Fund
  • Fund Family Name
    Rydex Funds
  • Inception Date
    May 31, 2006
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Byrum

Fund Description

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.


RYRUX - Performance

Return Ranking - Trailing

Period RYRUX Return Category Return Low Category Return High Rank in Category (%)
YTD 33.5% -91.4% 173.3% 20.00%
1 Yr 147.2% -12.9% 739.6% 14.84%
3 Yr 13.2%* -82.5% 66.4% 56.65%
5 Yr 22.5%* -64.8% 82.2% 34.97%
10 Yr 15.3%* -48.8% 49.5% 52.90%

* Annualized

Return Ranking - Calendar

Period RYRUX Return Category Return Low Category Return High Rank in Category (%)
2020 16.4% -77.6% 1505.0% 45.09%
2019 46.8% -58.1% 806.3% 41.92%
2018 -26.6% -78.0% 36.9% 56.80%
2017 22.5% -70.1% 314.9% 65.64%
2016 35.1% -82.0% 1431.2% 24.38%

Total Return Ranking - Trailing

Period RYRUX Return Category Return Low Category Return High Rank in Category (%)
YTD 33.5% -91.6% 209.3% 21.14%
1 Yr 135.5% -12.9% 739.6% 21.43%
3 Yr 11.4%* -82.5% 66.4% 64.74%
5 Yr 21.3%* -64.8% 82.2% 43.56%
10 Yr 14.8%* -48.8% 49.5% 53.62%

* Annualized

Total Return Ranking - Calendar

Period RYRUX Return Category Return Low Category Return High Rank in Category (%)
2020 16.4% -97.4% 379.3% 42.77%
2019 46.8% -58.1% 229.8% 41.32%
2018 -26.6% -74.3% 36.9% 59.76%
2017 22.5% -40.2% 263.7% 71.78%
2016 35.1% -62.9% 167.0% 25.00%

NAV & Total Return History


RYRUX - Holdings

Concentration Analysis

RYRUX Category Low Category High RYRUX % Rank
Net Assets 34.7 M 445 K 12.1 B 57.22%
Number of Holdings 29 5 2064 71.93%
Net Assets in Top 10 55.6 M 635 K 28.6 B 43.86%
Weighting of Top 10 74.10% 20.9% 100.0% 23.77%

Top 10 Holdings

  1. Federal Home Loan Banks 2.8% 22.41%
  2. United States Treasury Bills 0.08% 16.61%
  3. United States Treasury Bills 0.01% 15.32%
  4. United States Treasury Bills 0.14% 13.04%
  5. Federal Home Loan Mortgage Corporation 1.12% 9.32%
  6. Federal Farm Credit Banks 0.09% 8.61%
  7. United States Treasury Bills 0.03% 7.99%
  8. United States Treasury Bills 0.01% 7.86%
  9. Federal Home Loan Banks 0.06% 7.73%
  10. United States Treasury Bills 0.09% 7.66%

Asset Allocation

Weighting Return Low Return High RYRUX % Rank
Cash
63.64% -200.05% 86.55% 8.19%
Bonds
39.99% 0.00% 39.99% 1.17%
Stocks
0.21% -0.15% 300.05% 95.91%
Preferred Stocks
0.00% 0.00% 0.02% 67.25%
Convertible Bonds
0.00% 0.00% 13.45% 80.12%
Other
-3.84% -17.85% 193.79% 90.06%

Stock Sector Breakdown

Weighting Return Low Return High RYRUX % Rank
Healthcare
19.45% 0.00% 100.00% 13.19%
Industrials
16.32% 0.00% 100.00% 15.97%
Financial Services
14.46% 0.00% 100.00% 24.31%
Consumer Cyclical
13.51% 0.00% 94.23% 30.56%
Technology
13.32% 0.00% 100.00% 52.08%
Real Estate
7.12% 0.00% 100.00% 10.42%
Basic Materials
4.11% 0.00% 100.00% 25.69%
Consumer Defense
3.62% 0.00% 64.70% 50.69%
Communication Services
2.81% 0.00% 100.00% 54.17%
Utilities
2.67% 0.00% 100.00% 23.61%
Energy
2.60% 0.00% 100.00% 30.56%

Stock Geographic Breakdown

Weighting Return Low Return High RYRUX % Rank
US
0.20% -11.43% 300.05% 84.80%
Non US
0.01% 0.00% 87.59% 68.42%

Bond Sector Breakdown

Weighting Return Low Return High RYRUX % Rank
Cash & Equivalents
61.41% 60.89% 100.00% 97.60%
Government
38.59% 0.00% 38.59% 1.20%
Derivative
0.00% 0.00% 0.24% 71.86%
Securitized
0.00% 0.00% 12.61% 71.86%
Corporate
0.00% 0.00% 13.49% 81.44%
Municipal
0.00% 0.00% 0.49% 71.86%

Bond Geographic Breakdown

Weighting Return Low Return High RYRUX % Rank
US
39.99% 0.00% 39.99% 1.17%
Non US
0.00% 0.00% 4.06% 70.76%

RYRUX - Expenses

Operational Fees

RYRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.81% 0.88% 9.92% 42.07%
Management Fee 0.90% 0.00% 0.95% 88.89%
12b-1 Fee 0.25% 0.00% 1.00% 65.44%
Administrative Fee 0.25% 0.03% 0.25% 92.50%

Sales Fees

RYRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.75% 4.75% 4.75% 72.73%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

RYRUX 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.

RYRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 360.00% 0.00% 376.00% 97.12%

RYRUX - Distributions

Dividend Yield Analysis

RYRUX Category Low Category High RYRUX % Rank
Dividend Yield 0.00% 0.00% 2.96% 76.26%

Dividend Distribution Analysis

RYRUX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

RYRUX Category Low Category High RYRUX % Rank
Net Income Ratio -1.57% -2.31% 3.47% 92.07%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

RYRUX - Fund Manager Analysis

Managers

Michael Byrum


Start Date

Tenure

Tenure Rank

May 31, 2006

15.01

15.0%

Michael P. Byrum, CFA, Senior Vice President—Mr. Byrum has been associated with the Security Investors since 1993. Mr. Byrum was the inaugural portfolio manager for many of the Rydex products, including the Rydex leveraged and inverse funds, sector fund lineup and alternative investment portfolios. Today, Mr. Byrum continues to play an instrumental role in product development and investment strategy at Guggenheim Investments and oversees the trading, research and portfolio management activities of the quantitative strategies team, which focuses on target beta, alternative and asset allocation strategies. He is the chairman of the Investment Strategy Committee and is a member of the Risk Management Committee and Credit Review Committee. Prior to joining the Security Investors, Mr. Byrum served in a brokerage capacity with Money Management Associates, the registered investment advisor to Rushmore Funds, Inc. He earned a B.S. in finance from the Miami University of Ohio. He also has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute and the CFA Society of Washington.

Ryan Harder


Start Date

Tenure

Tenure Rank

Mar 14, 2008

13.22

13.2%

Ryan A. Harder, CFA, Portfolio Manager of Security Investors. Mr. Harder joined the Investment Manager in 2010.He also joined Rydex Investments in 2004 as an assistant portfolio manager, was promoted to portfolio manager in 2005 and has served in his current capacity since 2008. Prior to joining Rydex Investments, he served in various capacities with WestLB Asset Management, including as an assistant portfolio manager, and worked in risk management at CIBC World Markets.He holds a B.A. in Economics from Brock University in Ontario, Canada and a Master of Science in International Securities, Investment and Banking from the ICMA Centre at the University of Reading in the U.K. Harder holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.32 27.9 7.25 7.67