RYVYX: Rydex NASDAQ-100® 2x Strategy Fund - MutualFunds.com
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Rydex NASDAQ-100® 2x Strategy H

RYVYX - Snapshot

Vitals

  • YTD Return 13.3%
  • 3 Yr Annualized Return 44.5%
  • 5 Yr Annualized Return 43.7%
  • Net Assets $650 M
  • Holdings in Top 10 48.4%

52 WEEK LOW AND HIGH

$370.80
$159.57
$377.92

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.87%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 237.00%

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 RYVYX to Popular Leveraged Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$107.27

+1.81%

$11.27 B

-

$0.00

-41.00%

0.98%

$44.48

-0.69%

$4.49 B

0.06%

$0.03

-90.46%

1.06%

$130.75

+1.22%

$3.96 B

-

$0.00

13.59%

0.99%

$110.17

+1.46%

$3.35 B

0.14%

$0.15

20.60%

0.91%

$99.19

+2.27%

$2.81 B

0.30%

$0.29

63.14%

1.03%

RYVYX - Profile

Distributions

  • YTD Total Return 13.3%
  • 3 Yr Annualized Total Return 44.5%
  • 5 Yr Annualized Total Return 43.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.66%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Rydex NASDAQ-100® 2x Strategy Fund
  • Fund Family Name
    Rydex Funds
  • Inception Date
    May 24, 2000
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • 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.


RYVYX - Performance

Return Ranking - Trailing

Period RYVYX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.3% -90.5% 102.2% 57.71%
1 Yr 159.4% -12.9% 1610.3% 33.52%
3 Yr 44.5%* -80.5% 81.7% 6.98%
5 Yr 43.7%* -63.0% 84.8% 7.36%
10 Yr 34.6%* -51.1% 48.3% 5.84%

* Annualized

Return Ranking - Calendar

Period RYVYX Return Category Return Low Category Return High Rank in Category (%)
2020 72.3% -77.6% 1505.0% 13.29%
2019 71.5% -58.1% 806.3% 20.36%
2018 -9.2% -78.0% 36.9% 17.75%
2017 48.4% -70.1% 314.9% 30.06%
2016 7.2% -82.0% 1431.2% 70.63%

Total Return Ranking - Trailing

Period RYVYX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.3% -90.5% 102.2% 57.71%
1 Yr 159.4% -12.9% 1610.3% 32.42%
3 Yr 44.5%* -80.5% 81.7% 6.98%
5 Yr 43.7%* -63.0% 84.8% 6.75%
10 Yr 34.6%* -51.1% 48.3% 5.11%

* Annualized

Total Return Ranking - Calendar

Period RYVYX Return Category Return Low Category Return High Rank in Category (%)
2020 72.3% -97.4% 379.3% 9.25%
2019 71.5% -58.1% 229.8% 19.76%
2018 -9.2% -74.3% 36.9% 18.93%
2017 48.4% -40.2% 263.7% 33.13%
2016 7.2% -62.9% 167.0% 73.13%

NAV & Total Return History


RYVYX - Holdings

Concentration Analysis

RYVYX Category Low Category High RYVYX % Rank
Net Assets 650 M 445 K 11.3 B 11.34%
Number of Holdings 116 5 2085 32.14%
Net Assets in Top 10 351 M 533 K 26.2 B 16.67%
Weighting of Top 10 48.43% 19.7% 100.0% 75.42%

Top 10 Holdings

  1. Apple Inc 10.47%
  2. Microsoft Corp 7.80%
  3. Amazon.com Inc 7.58%
  4. United States Treasury Bills 0.09% 6.34%
  5. United States Treasury Bills 0.08% 6.31%
  6. Tesla Inc 3.84%
  7. United States Treasury Bills 0.14% 3.80%
  8. Facebook Inc A 3.05%
  9. United States Treasury Bills 0.08% 2.95%
  10. Alphabet Inc Class C 2.68%

Asset Allocation

Weighting Return Low Return High RYVYX % Rank
Stocks
86.41% -0.26% 300.03% 29.17%
Cash
15.48% -200.03% 100.00% 69.64%
Preferred Stocks
0.00% 0.00% 0.02% 87.50%
Convertible Bonds
0.00% 0.00% 0.12% 86.90%
Bonds
0.00% 0.00% 25.73% 86.90%
Other
-1.89% -147.21% 193.96% 92.86%

Stock Sector Breakdown

Weighting Return Low Return High RYVYX % Rank
Technology
44.19% 0.00% 100.00% 12.14%
Consumer Cyclical
19.03% 0.00% 94.42% 18.57%
Communication Services
18.94% 0.00% 100.00% 20.71%
Healthcare
6.71% 0.00% 100.00% 40.71%
Consumer Defense
5.10% 0.00% 64.70% 40.00%
Industrials
2.79% 0.00% 100.00% 46.43%
Financial Services
2.27% 0.00% 100.00% 54.29%
Utilities
0.97% 0.00% 100.00% 37.14%
Real Estate
0.00% 0.00% 100.00% 90.00%
Energy
0.00% 0.00% 100.00% 91.43%
Basic Materials
0.00% 0.00% 100.00% 92.86%

Stock Geographic Breakdown

Weighting Return Low Return High RYVYX % Rank
US
83.17% -9.96% 300.01% 30.36%
Non US
3.24% 0.00% 89.86% 26.19%

RYVYX - Expenses

Operational Fees

RYVYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.87% 0.88% 9.92% 40.85%
Management Fee 0.90% 0.00% 0.95% 93.81%
12b-1 Fee 0.25% 0.00% 1.00% 70.15%
Administrative Fee 0.25% 0.03% 0.25% 100.00%

Sales Fees

RYVYX 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

RYVYX 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.

RYVYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 237.00% 0.00% 376.00% 82.01%

RYVYX - Distributions

Dividend Yield Analysis

RYVYX Category Low Category High RYVYX % Rank
Dividend Yield 0.00% 0.00% 5.47% 90.72%

Dividend Distribution Analysis

RYVYX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

RYVYX Category Low Category High RYVYX % Rank
Net Income Ratio -0.66% -2.08% 3.47% 81.10%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

RYVYX - Fund Manager Analysis

Managers

Michael Byrum


Start Date

Tenure

Tenure Rank

May 01, 2005

15.93

15.9%

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

13.05

13.1%

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
0.15 27.74 7.08 7.5