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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$260.39

$304 M

0.00%

$0.00

1.81%

Vitals

YTD Return

-4.4%

1 yr return

58.8%

3 Yr Avg Return

45.8%

5 Yr Avg Return

30.4%

Net Assets

$304 M

Holdings in Top 10

32.1%

52 WEEK LOW AND HIGH

$260.0
$171.02
$275.69

Expenses

OPERATING FEES

Expense Ratio 1.81%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Trading--Leveraged Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$260.39

$304 M

0.00%

$0.00

1.81%

RYTNX - Profile

Distributions

  • YTD Total Return -4.4%
  • 3 Yr Annualized Total Return 45.8%
  • 5 Yr Annualized Total Return 30.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.53%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Rydex S&P 500 2x Strategy Fund
  • Fund Family Name
    Rydex Funds
  • Inception Date
    May 19, 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.


RYTNX - Performance

Return Ranking - Trailing

Period RYTNX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.4% -75.3% 63.4% 51.26%
1 Yr 58.8% -79.4% 167.6% 21.08%
3 Yr 45.8%* -69.4% 138.6% 18.75%
5 Yr 30.4%* -66.2% 78.6% 18.79%
10 Yr 28.2%* -48.4% 66.1% 23.02%

* Annualized

Return Ranking - Calendar

Period RYTNX Return Category Return Low Category Return High Rank in Category (%)
2021 55.3% -92.0% 168.2% 14.29%
2020 19.5% -100.0% 1505.0% 37.36%
2019 59.3% -58.1% 806.3% 31.55%
2018 -15.1% -78.0% 36.9% 29.41%
2017 35.2% -70.1% 314.9% 46.01%

Total Return Ranking - Trailing

Period RYTNX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.4% -11.8% 23.6% 79.40%
1 Yr 58.8% -79.4% 167.6% 20.54%
3 Yr 45.8%* -69.4% 138.6% 18.18%
5 Yr 30.4%* -66.2% 78.6% 18.18%
10 Yr 28.2%* -48.4% 66.1% 22.30%

* Annualized

Total Return Ranking - Calendar

Period RYTNX Return Category Return Low Category Return High Rank in Category (%)
2021 55.3% -92.4% 155.0% 13.14%
2020 19.5% -100.0% 379.3% 35.06%
2019 59.3% -58.1% 229.8% 30.95%
2018 -15.1% -74.3% 36.9% 30.59%
2017 35.2% -40.2% 263.7% 52.15%

NAV & Total Return History


RYTNX - Holdings

Concentration Analysis

RYTNX Category Low Category High RYTNX % Rank
Net Assets 304 M 445 K 20.6 B 20.57%
Number of Holdings 517 1 2063 7.69%
Net Assets in Top 10 58.1 M 17.7 K 43.5 B 41.76%
Weighting of Top 10 32.09% 22.8% 100.0% 92.91%

Top 10 Holdings

  1. Apple Inc 6.15%
  2. Microsoft Corp 5.87%
  3. United States Treasury Bills 0.04% 4.75%
  4. Amazon.com Inc 3.96%
  5. United States Treasury Bills 0.08% 3.86%
  6. United States Treasury Bills 0.01% 3.27%
  7. United States Treasury Bills 0.13% 2.88%
  8. Facebook Inc Class A 2.24%
  9. Alphabet Inc Class A 2.23%
  10. Alphabet Inc Class C 2.08%

Asset Allocation

Weighting Return Low Return High RYTNX % Rank
Stocks
98.01% -1.05% 300.04% 21.43%
Cash
20.13% -200.04% 91.11% 56.59%
Bonds
0.07% 0.00% 17.67% 15.93%
Preferred Stocks
0.00% 0.00% 6.35% 73.08%
Convertible Bonds
0.00% 0.00% 8.15% 82.42%
Other
-18.21% -18.21% 195.74% 100.00%

Stock Sector Breakdown

Weighting Return Low Return High RYTNX % Rank
Technology
24.63% 0.00% 100.00% 34.53%
Financial Services
14.11% 0.00% 100.00% 33.09%
Healthcare
13.34% 0.00% 100.00% 25.90%
Consumer Cyclical
12.10% 0.00% 94.54% 43.17%
Communication Services
11.29% 0.00% 100.00% 27.34%
Industrials
8.38% 0.00% 100.00% 31.65%
Consumer Defense
6.21% 0.00% 47.73% 22.30%
Energy
2.75% 0.00% 100.00% 35.25%
Real Estate
2.58% 0.00% 99.17% 27.34%
Utilities
2.46% 0.00% 100.00% 22.30%
Basic Materials
2.15% 0.00% 100.00% 43.17%

Stock Geographic Breakdown

Weighting Return Low Return High RYTNX % Rank
US
96.99% -27.50% 300.04% 19.23%
Non US
1.02% -0.01% 200.39% 44.51%

Bond Sector Breakdown

Weighting Return Low Return High RYTNX % Rank
Cash & Equivalents
99.63% 61.39% 100.00% 52.02%
Government
0.37% 0.00% 38.01% 16.76%
Derivative
0.00% 0.00% 0.05% 73.41%
Securitized
0.00% 0.00% 14.47% 73.41%
Corporate
0.00% 0.00% 38.61% 83.24%
Municipal
0.00% 0.00% 0.24% 73.41%

Bond Geographic Breakdown

Weighting Return Low Return High RYTNX % Rank
US
0.07% 0.00% 15.82% 15.93%
Non US
0.00% 0.00% 2.65% 73.08%

RYTNX - Expenses

Operational Fees

RYTNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.81% 0.35% 2.82% 24.39%
Management Fee 0.90% 0.00% 0.95% 88.04%
12b-1 Fee 0.25% 0.00% 1.00% 68.79%
Administrative Fee 0.25% 0.03% 0.25% 84.62%

Sales Fees

RYTNX 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

RYTNX 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.

RYTNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 360.00% 92.81%

RYTNX - Distributions

Dividend Yield Analysis

RYTNX Category Low Category High RYTNX % Rank
Dividend Yield 0.00% 0.00% 5.74% 70.81%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

RYTNX Category Low Category High RYTNX % Rank
Net Income Ratio -0.53% -2.77% 2.92% 45.40%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

RYTNX - Fund Manager Analysis

Managers

Michael Byrum


Start Date

Tenure

Tenure Rank

May 19, 2000

21.63

21.6%

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

13.81

13.8%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 28.49 7.23 8.25