RYSYX: Rydex S&P 500 C

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RYSYX Rydex S&P 500 C


Profile

RYSYX - Profile

Vitals

  • YTD Return 2.1%
  • 3 Yr Annualized Return 6.3%
  • 5 Yr Annualized Return 8.0%
  • Net Assets $164 M
  • Holdings in Top 10 23.9%

52 WEEK LOW AND HIGH

$52.89
$35.75
$57.14

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.43%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 227.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return 6.3%
  • 5 Yr Annualized Total Return 8.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.50%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Rydex S&P 500 Fund
  • Fund Family Name
    Rydex Funds
  • Inception Date
    May 31, 2006
  • 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

RYSYX - Performance

Return Ranking - Trailing

Period RYSYX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -37.3% 1980.1% 44.24%
1 Yr 9.8% -73.2% 2122.8% 26.08%
3 Yr 6.3%* -33.7% 190.4% 21.46%
5 Yr 8.0%* -21.2% 99.1% 22.07%
10 Yr 9.1%* -6.4% 38.7% 20.35%

* Annualized

Return Ranking - Calendar

Period RYSYX Return Category Return Low Category Return High Rank in Category (%)
2019 26.8% -72.6% 39.5% 23.41%
2018 -8.4% -67.0% 10.0% 17.49%
2017 13.0% -32.8% 33.2% 56.82%
2016 7.2% -18.6% 19.7% 47.30%
2015 -4.1% -35.5% 7.8% 39.02%

Total Return Ranking - Trailing

Period RYSYX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -37.3% 1980.1% 44.24%
1 Yr 9.8% -73.2% 2122.8% 26.08%
3 Yr 6.3%* -33.7% 190.4% 42.83%
5 Yr 8.0%* -13.8% 99.1% 55.02%
10 Yr 9.1%* -4.8% 38.7% 63.27%

* Annualized

Total Return Ranking - Calendar

Period RYSYX Return Category Return Low Category Return High Rank in Category (%)
2019 26.8% -72.6% 39.5% 23.41%
2018 -8.4% -67.0% 10.0% 46.72%
2017 13.0% -22.1% 33.2% 87.04%
2016 7.2% -16.4% 26.8% 76.35%
2015 -4.1% -21.4% 106.5% 71.62%

NAV & Total Return History


Holdings

RYSYX - Holdings

Concentration Analysis

RYSYX Category Low Category High RYSYX % Rank
Net Assets 164 M 1.14 K 974 B 79.17%
Number of Holdings 518 1 3529 9.67%
Net Assets in Top 10 36.8 M 48.8 K 236 B 83.49%
Weighting of Top 10 23.94% 2.3% 100.0% 88.61%

Top 10 Holdings

  1. Apple Inc 5.52%
  2. Microsoft Corp 4.95%
  3. Amazon.com Inc 4.23%
  4. Facebook Inc A 1.94%
  5. Alphabet Inc A 1.42%
  6. Alphabet Inc Class C 1.38%
  7. Johnson & Johnson 1.22%
  8. Berkshire Hathaway Inc Class B 1.21%
  9. Procter & Gamble Co 1.03%
  10. Visa Inc Class A 1.02%

Asset Allocation

Weighting Return Low Return High RYSYX % Rank
Stocks
86.64% 80.83% 167.47% 99.58%
Cash
13.94% -110.24% 19.17% 0.33%
Preferred Stocks
0.00% 0.00% 14.67% 26.77%
Convertible Bonds
0.00% 0.00% 13.87% 24.19%
Bonds
0.00% 0.00% 72.82% 30.25%
Other
-0.58% -4.07% 83.89% 98.58%

Stock Sector Breakdown

Weighting Return Low Return High RYSYX % Rank
Technology
24.07% 0.00% 38.54% 42.81%
Healthcare
14.70% 0.00% 31.05% 50.68%
Financial Services
12.97% 0.00% 42.66% 57.70%
Consumer Cyclical
10.96% 0.00% 50.96% 59.14%
Communication Services
10.90% 0.00% 28.36% 39.26%
Industrials
8.24% 0.00% 28.15% 70.98%
Consumer Defense
7.45% 0.00% 32.98% 47.04%
Utilities
3.13% 0.00% 29.37% 29.53%
Real Estate
2.80% 0.00% 12.00% 49.32%
Energy
2.53% -1.47% 13.74% 40.95%
Basic Materials
2.25% -0.14% 13.17% 48.39%

Stock Geographic Breakdown

Weighting Return Low Return High RYSYX % Rank
US
85.79% 80.53% 157.79% 92.08%
Non US
0.85% -1.85% 19.64% 78.23%

Expenses

RYSYX - Expenses

Operational Fees

RYSYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.43% 0.01% 49.73% 4.05%
Management Fee 0.75% 0.00% 2.00% 82.92%
12b-1 Fee 1.00% 0.00% 1.00% 84.78%
Administrative Fee N/A 0.00% 0.95% 86.09%

Sales Fees

RYSYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load 1.00% 0.95% 5.00% 31.62%

Trading Fees

RYSYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

RYSYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 227.00% 0.00% 475.00% 97.96%

Distributions

RYSYX - Distributions

Dividend Yield Analysis

RYSYX Category Low Category High RYSYX % Rank
Dividend Yield 0.00% 0.00% 11.12% 24.17%

Dividend Distribution Analysis

RYSYX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

RYSYX Category Low Category High RYSYX % Rank
Net Income Ratio -0.50% -3.93% 3.34% 98.81%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

RYSYX - Fund Manager Analysis

Managers

Michael Byrum


Start Date

Tenure

Tenure Rank

May 31, 2006

14.26

14.3%

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

12.47

12.5%

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
0.02 34.15 6.42 0.67