Rydex Monthly Rebalance NASDAQ-100® 2x Strategy Fund Class H (RMQHX)
| Fund Assets | 831.62M |
| Expense Ratio | 1.43% |
| Min. Investment | $2,500 |
| Turnover | 334.00% |
| Dividend (ttm) | 133.13 |
| Dividend Yield | 24.28% |
| Dividend Growth | 707.43% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 567.05 |
| YTD Return | 9.33% |
| 1-Year Return | 20.36% |
| 5-Year Return | 237.21% |
| 52-Week Low | 335.89 |
| 52-Week High | 702.33 |
| Beta (5Y) | 2.38 |
| Holdings | 116 |
| Inception Date | Nov 28, 2014 |
About RMQHX
The Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund is an open-end mutual fund designed to deliver twice the monthly return—both gains and losses—of the NASDAQ-100 Index. Classified as a leveraged strategy fund, it employs financial derivatives and other techniques to maintain a constant 2-to-1 exposure ratio to its benchmark. This approach aims to provide amplified returns for investors with a strong outlook on the NASDAQ-100’s performance over short timeframes. The fund’s structure requires monthly rebalancing to adjust leverage and maintain its target exposure, which can introduce higher costs and complexity compared to traditional index funds. Its portfolio is primarily concentrated in large-cap technology and growth-oriented companies, reflecting the composition of the NASDAQ-100. With a relatively high expense ratio, the fund is generally suited for sophisticated, active investors or traders who seek tactical exposure to magnified market movements, rather than for long-term, buy-and-hold investing. The Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund plays a specialized role in the market, offering the potential for enhanced returns in trending markets, but also carrying heightened risk and volatility due to its leveraged exposure.
Performance
RMQHX had a total return of 20.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 30.95%.
Top 10 Holdings
54.59% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 4.16% | B.0 06.05.25 | 12.83% |
| Apple Inc. | AAPL | 6.49% |
| J.P. Morgan Securities Llc | n/a | 5.70% |
| Microsoft Corporation | MSFT | 5.43% |
| NVIDIA Corporation | NVDA | 5.14% |
| Bofa Securities, Inc. | n/a | 4.37% |
| Cash | n/a | 4.31% |
| Amazon.com, Inc. | AMZN | 3.92% |
| United States Treasury Bills | B.0 04.01.25 | 3.88% |
| Broadcom Inc. | AVGO | 2.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $133.12908 | Dec 12, 2024 |
| Dec 12, 2023 | $16.48805 | Dec 12, 2023 |
| Dec 9, 2021 | $11.52587 | Dec 9, 2021 |
| Dec 10, 2020 | $18.27015 | Dec 10, 2020 |
| Dec 11, 2019 | $0.18608 | Dec 11, 2019 |