RYIAX: Rydex Internet H

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RYIAX Rydex Internet H


Profile

RYIAX - Profile

Vitals

  • YTD Return 10.0%
  • 3 Yr Annualized Return 10.3%
  • 5 Yr Annualized Return 9.9%
  • Net Assets $26.5 M
  • Holdings in Top 10 42.2%

52 WEEK LOW AND HIGH

$116.67
$99.54
$116.95

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.70%

SALES FEES

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

BROKERAGE FEES

  • Turnover 349.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 10.0%
  • 3 Yr Annualized Total Return 10.3%
  • 5 Yr Annualized Total Return 9.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.27%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Rydex Internet Fund
  • Fund Family Name
    Rydex Funds
  • Inception Date
    Apr 06, 2000
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Byrum

Fund Description

Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Internet Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Internet Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Internet Companies and U.S. government securities.


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Categories

Performance

RYIAX - Performance

Return Ranking - Trailing

Period RYIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.0% -1.0% 29.6% 37.22%
1 Yr 14.6% -13.9% 44.7% 79.55%
3 Yr 10.3%* -20.1% 29.2% 58.23%
5 Yr 9.9%* -15.2% 20.2% 43.45%
10 Yr 12.1%* -0.8% 17.8% 40.18%

* Annualized

Return Ranking - Calendar

Period RYIAX Return Category Return Low Category Return High Rank in Category (%)
2019 20.9% -3.0% 62.7% 77.01%
2018 -17.0% -49.7% 4.3% 63.41%
2017 34.1% -17.3% 55.5% 19.48%
2016 4.5% -17.1% 32.1% 57.93%
2015 7.8% -17.6% 11.6% 11.03%

Total Return Ranking - Trailing

Period RYIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.0% -1.0% 29.6% 37.22%
1 Yr 14.6% -13.9% 44.7% 79.55%
3 Yr 10.3%* -20.1% 33.4% 77.22%
5 Yr 9.9%* -15.2% 29.9% 66.90%
10 Yr 12.1%* -0.8% 23.8% 64.29%

* Annualized

Total Return Ranking - Calendar

Period RYIAX Return Category Return Low Category Return High Rank in Category (%)
2019 20.9% -3.0% 62.7% 77.01%
2018 -17.0% -49.7% 5.1% 74.39%
2017 34.1% -17.3% 55.5% 52.60%
2016 4.5% -17.1% 32.8% 72.41%
2015 7.8% -13.9% 83.1% 24.14%

NAV & Total Return History


Holdings

RYIAX - Holdings

Concentration Analysis

RYIAX Category Low Category High RYIAX % Rank
Net Assets 26.5 M 87.5 K 30.3 B 87.78%
Number of Holdings 84 22 384 22.78%
Net Assets in Top 10 9.58 M 19 K 17.6 B 90.00%
Weighting of Top 10 42.22% 14.3% 81.1% 75.56%

Top 10 Holdings

  1. Amazon.com Inc 7.94%
  2. Alphabet Inc A 7.81%
  3. Facebook Inc A 6.20%
  4. Cisco Systems Inc 3.65%
  5. Alibaba Group Holding Ltd ADR 3.39%
  6. Salesforce.com Inc 3.09%
  7. Netflix Inc 2.99%
  8. PayPal Holdings Inc 2.90%
  9. Booking Holdings Inc 2.42%
  10. Uber Technologies Inc 1.84%

Asset Allocation

Weighting Return Low Return High RYIAX % Rank
Stocks
100.38% 86.23% 100.94% 1.11%
Cash
3.99% 0.00% 12.89% 18.89%
Preferred Stocks
0.00% 0.00% 1.04% 27.22%
Convertible Bonds
0.00% 0.00% 0.00% 17.78%
Bonds
0.00% 0.00% 0.13% 22.78%
Other
-4.36% -4.36% 6.59% 98.33%

Stock Sector Breakdown

Weighting Return Low Return High RYIAX % Rank
Communication Services
36.50% 0.00% 43.22% 1.11%
Technology
30.57% 29.48% 100.00% 95.56%
Consumer Cyclical
23.94% 0.00% 31.80% 3.33%
Financial Services
6.27% 0.00% 47.61% 40.00%
Real Estate
1.21% 0.00% 8.18% 16.67%
Healthcare
1.20% 0.00% 33.24% 46.11%
Consumer Defense
0.31% 0.00% 6.01% 28.33%
Utilities
0.00% 0.00% 3.80% 18.89%
Industrials
0.00% 0.00% 33.78% 73.89%
Energy
0.00% 0.00% 1.25% 18.89%
Basic Materials
0.00% 0.00% 3.13% 26.11%

Stock Geographic Breakdown

Weighting Return Low Return High RYIAX % Rank
US
84.36% 42.64% 98.77% 58.33%
Non US
16.02% 0.57% 53.48% 27.22%

Expenses

RYIAX - Expenses

Operational Fees

RYIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.70% 0.10% 26.92% 32.39%
Management Fee 0.85% 0.09% 1.95% 61.45%
12b-1 Fee 0.25% 0.00% 1.00% 35.40%
Administrative Fee 0.25% 0.04% 0.50% 65.31%

Sales Fees

RYIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RYIAX 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.

RYIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 349.00% 2.00% 732.00% 97.09%

Distributions

RYIAX - Distributions

Dividend Yield Analysis

RYIAX Category Low Category High RYIAX % Rank
Dividend Yield 0.00% 0.00% 8.15% 22.22%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

RYIAX Category Low Category High RYIAX % Rank
Net Income Ratio -1.27% -2.08% 1.32% 89.77%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

RYIAX - Fund Manager Analysis

Managers

Michael Byrum


Start Date

Tenure

Tenure Rank

Apr 06, 2000

19.83

19.8%

Mr. Byrum is a Senior Managing Director and Portfolio Manager of Guggenheim Investments and joined Guggenheim Investments in 1993. He has ultimate responsibility for the management of the Funds. In addition to generally overseeing all aspects of the management of several other funds in the Guggenheim Investments fund complex, Mr. Byrum reviews the activities of the portfolio managers of the Funds. During his time at Guggenheim Investments, he has played a key role in the development of the firm’s investment strategies and product offerings. As Portfolio Manager, Mr. Byrum was instrumental in the launch of several funds in the Guggenheim Investments fund complex, including the NASDAQ-100®, Precious Metals, Government Long Bond 1.2x Strategy, Inverse Government Long Bond Strategy, Inverse S&P 500 Strategy and Inverse NASDAQ-100® Strategy Funds, and helped to create the Sector Funds. He was named Vice President of Portfolio for Guggenheim Investments in 1998, and Executive Vice President in 2000. Prior to joining Guggenheim Investments, Mr. Byrum worked for Money Management Associates, the investment adviser for Rushmore Funds, Inc. He holds a degree in finance from Miami University of Ohio and is a member of the CFA Institute and the Washington Society of Investment Analysts.

Ryan Harder


Start Date

Tenure

Tenure Rank

Mar 14, 2008

11.89

11.9%

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
0.17 30.1 8.06 5.93