Rydex Inverse NASDAQ-100® Strategy Fund Class H (RYALX)
| Fund Assets | 10.30M |
| Expense Ratio | 1.73% |
| Min. Investment | $2,500 |
| Turnover | 23.00% |
| Dividend (ttm) | 8.15 |
| Dividend Yield | 6.64% |
| Dividend Growth | -6.06% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 122.44 |
| YTD Return | -8.65% |
| 1-Year Return | -8.51% |
| 5-Year Return | -57.01% |
| 52-Week Low | 122.16 |
| 52-Week High | 164.90 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | Sep 18, 2014 |
About RYALX
Rydex Inverse NASDAQ-100 Strategy Fund Class H is an actively managed mutual fund designed to deliver the inverse, or opposite, of the daily performance of the NASDAQ-100 Index before fees and expenses. This fund is categorized as a trading—inverse equity product, meaning its primary purpose is to allow investors to potentially benefit from declines in the NASDAQ-100, which is heavily weighted toward the technology sector and other growth-oriented industries. The fund generally achieves its inverse exposure through derivatives and other financial instruments, rather than directly shorting securities. Rydex Inverse NASDAQ-100 Strategy Fund Class H serves as a tactical tool for those seeking to hedge existing positions in technology or growth stocks, or for investors with a short-term outlook aiming to profit from market downturns within this specific index. The fund is managed by a team with deep expertise in alternative strategies and quantitative methods. Notably, its returns are intended to reflect the inverse of daily index movements, and compounding can cause performance to diverge from the inverse of the index over longer periods. This makes the fund best suited for active traders or short-term strategies rather than long-term holding. The fund distributes dividends and capital gains annually and is managed by Guggenheim Investments.
Performance
RYALX had a total return of -8.51% in the past year, including dividends. Since the fund's inception, the average annual return has been -17.57%.
Top 10 Holdings
98.12% of assets| Name | Symbol | Weight |
|---|---|---|
| J.P. Morgan Securities Llc | n/a | 17.89% |
| United States Treasury Bills 4.22% | B.0 05.06.25 | 14.30% |
| Bofa Securities, Inc. | n/a | 13.71% |
| United States Treasury Bills 4.23% | B.0 04.24.25 | 10.95% |
| Guggenheim Strategy II | n/a | 10.37% |
| United States Treasury Bills 4.26% | B.0 04.03.25 | 10.14% |
| Federal Home Loan Banks 4.22% | FHLBDN.0 04.10.17 | 8.44% |
| Guggenheim Ultra Short Duration Fund Institutional | GIYIX | 7.39% |
| United States Treasury Bills | B.0 06.12.25 | 3.77% |
| Nasdaq-100 Index | n/a | 1.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $8.14817 | Dec 12, 2024 |
| Dec 12, 2023 | $8.67424 | Dec 12, 2023 |
| Dec 9, 2020 | $0.2508 | Dec 9, 2020 |
| Dec 10, 2019 | $3.32632 | Dec 10, 2019 |