Name
As of 05/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.1%
1 yr return
15.9%
3 Yr Avg Return
4.0%
5 Yr Avg Return
8.7%
Net Assets
$23.6 M
Holdings in Top 10
49.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.59%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 240.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RYDHX - Profile
Distributions
- YTD Total Return 3.1%
- 3 Yr Annualized Total Return 4.0%
- 5 Yr Annualized Total Return 8.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.19%
- Dividend Yield 0.6%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameDow Jones Industrial Average Fund
-
Fund Family NameGuggenheim
-
Inception DateDec 01, 2015
-
Shares OutstandingN/A
-
Share ClassH
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRyan Harder
Fund Description
RYDHX - Performance
Return Ranking - Trailing
Period | RYDHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.1% | -1.8% | 15.1% | 91.41% |
1 Yr | 15.9% | -5.1% | 39.5% | 65.81% |
3 Yr | 4.0%* | -5.3% | 29.2% | 80.88% |
5 Yr | 8.7%* | -0.4% | 43.2% | 73.98% |
10 Yr | N/A* | 1.1% | 24.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | RYDHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.5% | -24.9% | 46.1% | 13.40% |
2022 | -11.7% | -64.7% | 4.6% | 46.69% |
2021 | 17.7% | -44.2% | 57.5% | 44.71% |
2020 | 2.4% | -23.2% | 285.0% | 24.95% |
2019 | 18.3% | -21.4% | 48.5% | 56.06% |
Total Return Ranking - Trailing
Period | RYDHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.1% | -1.8% | 15.1% | 91.41% |
1 Yr | 15.9% | -5.1% | 39.5% | 65.81% |
3 Yr | 4.0%* | -5.3% | 29.2% | 80.88% |
5 Yr | 8.7%* | -0.4% | 43.2% | 73.98% |
10 Yr | N/A* | 1.1% | 24.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | RYDHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.4% | -15.9% | 46.7% | 24.51% |
2022 | -8.9% | -42.0% | 8.5% | 77.91% |
2021 | 19.1% | 3.6% | 129.7% | 94.11% |
2020 | 7.5% | -22.6% | 304.8% | 19.96% |
2019 | 23.2% | -12.7% | 52.1% | 76.43% |
NAV & Total Return History
RYDHX - Holdings
Concentration Analysis
RYDHX | Category Low | Category High | RYDHX % Rank | |
---|---|---|---|---|
Net Assets | 23.6 M | 1.09 M | 163 B | 94.46% |
Number of Holdings | 38 | 2 | 1683 | 89.24% |
Net Assets in Top 10 | 11.7 M | 420 K | 33.9 B | 92.50% |
Weighting of Top 10 | 49.47% | 4.8% | 98.8% | 5.48% |
Top 10 Holdings
- UnitedHealth Group, Inc. 7.61%
- Goldman Sachs Group, Inc. 5.57%
- Microsoft Corp. 5.43%
- J.P. Morgan Securities LLC 5.17%
- Home Depot, Inc. 5.01%
- McDonald's Corp. 4.28%
- Caterpillar, Inc. 4.27%
- BofA Securities, Inc. 4.16%
- Amgen, Inc. 4.16%
- Salesforce, Inc. 3.80%
Asset Allocation
Weighting | Return Low | Return High | RYDHX % Rank | |
---|---|---|---|---|
Stocks | 88.02% | 1.86% | 108.42% | 97.00% |
Other | 9.39% | -1.68% | 39.72% | 0.62% |
Bonds | 2.53% | -1.92% | 73.23% | 3.35% |
Convertible Bonds | 0.15% | 0.00% | 3.66% | 4.42% |
Cash | 0.06% | 0.00% | 38.18% | 95.41% |
Preferred Stocks | 0.00% | 0.00% | 13.88% | 70.63% |
Stock Sector Breakdown
Weighting | Return Low | Return High | RYDHX % Rank | |
---|---|---|---|---|
Healthcare | 21.05% | 0.00% | 30.08% | 12.26% |
Financial Services | 19.66% | 0.00% | 58.05% | 44.85% |
Technology | 16.71% | 0.00% | 54.02% | 15.36% |
Industrials | 13.93% | 0.00% | 42.76% | 19.36% |
Consumer Cyclical | 13.48% | 0.00% | 22.74% | 4.09% |
Consumer Defense | 7.56% | 0.00% | 34.10% | 62.79% |
Communication Services | 3.16% | 0.00% | 26.58% | 80.11% |
Energy | 3.13% | 0.00% | 54.00% | 91.74% |
Basic Materials | 1.33% | 0.00% | 21.69% | 87.30% |
Utilities | 0.00% | 0.00% | 27.04% | 95.47% |
Real Estate | 0.00% | 0.00% | 90.54% | 95.03% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | RYDHX % Rank | |
---|---|---|---|---|
US | 88.02% | 1.86% | 108.42% | 92.33% |
Non US | 0.00% | 0.00% | 26.07% | 77.87% |
Bond Sector Breakdown
Weighting | Return Low | Return High | RYDHX % Rank | |
---|---|---|---|---|
Corporate | 17.45% | 0.00% | 100.00% | 9.62% |
Securitized | 14.70% | 0.00% | 40.38% | 0.37% |
Government | 1.22% | 0.00% | 100.00% | 2.59% |
Derivative | 0.06% | -1.68% | 6.97% | 6.61% |
Municipal | 0.01% | 0.00% | 0.02% | 0.83% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 94.62% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RYDHX % Rank | |
---|---|---|---|---|
US | 2.53% | -1.92% | 65.41% | 3.35% |
Non US | 0.00% | 0.00% | 7.82% | 67.64% |
RYDHX - Expenses
Operational Fees
RYDHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.59% | 0.03% | 14.82% | 16.90% |
Management Fee | 0.75% | 0.00% | 1.50% | 86.68% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 46.78% |
Administrative Fee | 0.25% | 0.00% | 0.50% | 87.94% |
Sales Fees
RYDHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
RYDHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
RYDHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 240.00% | 0.00% | 488.00% | 99.07% |
RYDHX - Distributions
Dividend Yield Analysis
RYDHX | Category Low | Category High | RYDHX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.63% | 0.00% | 36.05% | 91.55% |
Dividend Distribution Analysis
RYDHX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
RYDHX | Category Low | Category High | RYDHX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.19% | -1.51% | 4.28% | 93.43% |
Capital Gain Distribution Analysis
RYDHX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 12, 2023 | $0.679 | OrdinaryDividend |
Dec 20, 2022 | $2.525 | OrdinaryDividend |
Dec 11, 2018 | $0.635 | OrdinaryDividend |
Dec 12, 2017 | $0.355 | OrdinaryDividend |
RYDHX - Fund Manager Analysis
Managers
Ryan Harder
Start Date
Tenure
Tenure Rank
Dec 01, 2015
6.5
6.5%
Ryan A. Harder, CFA, Managing Director and 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.
Michael Byrum
Start Date
Tenure
Tenure Rank
Dec 01, 2015
6.5
6.5%
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.06 | 16.42 |