RYCOX: Rydex NASDAQ-100® C

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RYCOX Rydex NASDAQ-100® C


Profile

RYCOX - Profile

Vitals

  • YTD Return 23.1%
  • 3 Yr Annualized Return 16.9%
  • 5 Yr Annualized Return 14.1%
  • Net Assets $1.41 B
  • Holdings in Top 10 50.5%

52 WEEK LOW AND HIGH

$43.10
$27.92
$43.10

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.37%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 54.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 23.1%
  • 3 Yr Annualized Total Return 16.9%
  • 5 Yr Annualized Total Return 14.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.19%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Rydex NASDAQ-100® Fund
  • Fund Family Name
    Rydex Funds
  • Inception Date
    Mar 26, 2001
  • Shares Outstanding
    N/A
  • Share Class
    C
  • 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 securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The fund is non-diversified.


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Categories

Performance

RYCOX - Performance

Return Ranking - Trailing

Period RYCOX Return Category Return Low Category Return High Rank in Category (%)
YTD 23.1% -91.6% 68.5% 13.22%
1 Yr 31.2% -92.0% 61.7% 5.81%
3 Yr 16.9%* -59.0% 37.4% 10.01%
5 Yr 14.1%* -41.4% 20.3% 5.42%
10 Yr 14.7%* -18.4% 18.2% 5.49%

* Annualized

Return Ranking - Calendar

Period RYCOX Return Category Return Low Category Return High Rank in Category (%)
2019 32.8% -67.9% 49.9% 9.80%
2018 -4.4% -65.5% 10.6% 13.70%
2017 21.0% -46.3% 52.2% 38.27%
2016 2.7% -43.3% 15.3% 30.19%
2015 5.0% -82.5% 11.4% 6.80%

Total Return Ranking - Trailing

Period RYCOX Return Category Return Low Category Return High Rank in Category (%)
YTD 23.1% -91.6% 68.5% 13.22%
1 Yr 31.2% -92.0% 61.7% 5.81%
3 Yr 16.9%* -57.9% 37.4% 16.74%
5 Yr 14.1%* -38.8% 25.6% 13.15%
10 Yr 14.7%* -16.4% 22.0% 18.24%

* Annualized

Total Return Ranking - Calendar

Period RYCOX Return Category Return Low Category Return High Rank in Category (%)
2019 32.8% -67.9% 49.9% 9.80%
2018 -4.4% -65.5% 16.5% 34.04%
2017 21.0% -28.2% 52.2% 73.54%
2016 2.7% -43.3% 17.1% 46.17%
2015 5.0% -38.0% 17.3% 30.10%

NAV & Total Return History


Holdings

RYCOX - Holdings

Concentration Analysis

RYCOX Category Low Category High RYCOX % Rank
Net Assets 1.41 B 858 K 206 B 45.83%
Number of Holdings 128 1 2152 19.77%
Net Assets in Top 10 687 M 399 K 55.4 B 42.80%
Weighting of Top 10 50.51% 13.8% 100.0% 15.68%

Top 10 Holdings

  1. Microsoft Corp 10.60%
  2. Apple Inc 10.58%
  3. Amazon.com Inc 9.25%
  4. Facebook Inc A 4.12%
  5. Alphabet Inc A 3.75%
  6. Alphabet Inc Class C 3.71%
  7. Intel Corp 2.61%
  8. NVIDIA Corp 2.11%
  9. Cisco Systems Inc 1.97%
  10. Adobe Inc 1.81%

Asset Allocation

Weighting Return Low Return High RYCOX % Rank
Stocks
95.00% 82.99% 100.32% 88.41%
Bonds
2.77% -0.24% 2.77% 0.23%
Cash
1.85% -1.02% 17.02% 39.09%
Other
0.36% -9.83% 5.14% 9.47%
Convertible Bonds
0.01% 0.00% 0.20% 1.21%
Preferred Stocks
0.00% 0.00% 2.51% 43.48%

Stock Sector Breakdown

Weighting Return Low Return High RYCOX % Rank
Technology
43.85% 10.36% 54.73% 1.74%
Communication Services
21.12% 0.00% 29.93% 4.09%
Consumer Cyclical
16.11% 0.00% 29.26% 34.77%
Healthcare
8.10% 0.00% 48.60% 96.67%
Consumer Defense
5.09% 0.00% 21.78% 37.35%
Industrials
2.86% 0.00% 24.88% 84.92%
Financial Services
1.88% 0.00% 41.40% 97.35%
Utilities
0.74% 0.00% 6.86% 21.74%
Real Estate
0.25% 0.00% 22.16% 75.23%
Energy
0.00% 0.00% 7.42% 66.59%
Basic Materials
0.00% 0.00% 11.07% 85.68%

Stock Geographic Breakdown

Weighting Return Low Return High RYCOX % Rank
US
92.61% 78.13% 100.26% 54.70%
Non US
2.39% 0.00% 17.42% 65.30%

Bond Sector Breakdown

Weighting Return Low Return High RYCOX % Rank
Government
45.92% 0.00% 100.00% 0.31%
Cash & Equivalents
30.23% 0.00% 100.00% 95.75%
Corporate
13.53% 0.00% 100.00% 5.90%
Securitized
10.06% 0.00% 10.06% 0.24%
Derivative
0.26% -0.06% 12.73% 3.62%
Municipal
0.00% 0.00% 9.06% 39.10%

Bond Geographic Breakdown

Weighting Return Low Return High RYCOX % Rank
US
2.61% -0.24% 2.61% 0.23%
Non US
0.16% 0.00% 0.17% 0.30%

Expenses

RYCOX - Expenses

Operational Fees

RYCOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.37% 0.01% 24.73% 6.14%
Management Fee 0.75% 0.00% 1.40% 79.07%
12b-1 Fee 1.00% 0.00% 1.00% 85.79%
Administrative Fee N/A 0.01% 1.02% 90.40%

Sales Fees

RYCOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 8.50% N/A
Deferred Load 1.00% 1.00% 5.50% 46.99%

Trading Fees

RYCOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 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.

RYCOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 54.00% 0.00% 464.00% 64.83%

Distributions

RYCOX - Distributions

Dividend Yield Analysis

RYCOX Category Low Category High RYCOX % Rank
Dividend Yield 0.00% 0.00% 20.39% 40.36%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

RYCOX Category Low Category High RYCOX % Rank
Net Income Ratio -1.19% -2.06% 2.43% 96.76%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

RYCOX - Fund Manager Analysis

Managers

Michael Byrum


Start Date

Tenure

Tenure Rank

May 01, 1997

23.18

23.2%

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

12.3

12.3%

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
0.08 52.53 8.32 1.17