Rydex Inverse NASDAQ-100 Strategy Fund Class A (RYAPX)

Fund Assets	76.89M
Expense Ratio	1.71%
Min. Investment	$2,500
Turnover	23.00%
Dividend (ttm)	2.65
Dividend Yield	2.71%
Dividend Growth	-67.53%
Payout Frequency	Annual
Ex-Dividend Date	Dec 16, 2025

Previous Close	98.15
YTD Return	-12.65%
1-Year Return	-17.89%
5-Year Return	-47.26%
52-Week Low	92.57
52-Week High	124.28
Beta (5Y)	-0.91
Holdings	28
Inception Date	Mar 31, 2004

About RYAPX

Rydex Inverse NASDAQ-100 Strategy Fund Class A is a mutual fund designed to deliver investment results that correspond, before fees and expenses, to the inverse (opposite) of the daily performance of the NASDAQ-100 Index. The fund employs a strategy that seeks to move in the opposite direction of this prominent technology-heavy index, making it notably distinct from traditional equity funds. It achieves its objective primarily through the use of derivatives and other financial instruments that allow for the replication of inverse exposure. The fund is structured to respond to daily index movements, making its performance particularly linked to short-term shifts in the NASDAQ-100, and it is team managed. This approach means it can serve as a tool for investors seeking to hedge exposure to technology and growth stocks, or for those looking to potentially benefit from declines in large-cap U.S. technology equities. The fund distributes income annually if applicable, and its gross expense ratio is 1.80% as of the latest reporting period, reflecting the specialized nature of its strategy. It plays a niche, tactical role by offering inverse exposure to one of the market’s most widely-followed equity benchmarks.

• Fund Family: Rydex Funds
• Category: Trading--Inverse Equity
• Stock Exchange: NASDAQ
• Ticker Symbol: RYAPX
• Share Class: Class A
• Index: NASDAQ 100 TR

Performance

RYAPX had a total return of -17.89% in the past year, including dividends. Since the fund's inception, the average annual return has been -15.66%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
RYAIX	Investor Class	1.47%
RYALX	Class H	1.73%
RYACX	Class C	2.48%

Top 10 Holdings

92.18% of assets

Name	Symbol	Weight
United States Treasury Bills 3.65025%	B.0 04.02.26	14.02%
United States Treasury Bills 3.6462%	B.0 04.14.26	14.00%
Federal Home Loan Banks 3.64125%	FHLBDN.0 04.17.18	14.00%
Rtriparty Rev Repo	n/a	11.18%
Rtriparty Rev Repo	n/a	11.05%
United States Treasury Bills 3.6429%	B.0 06.18.26	6.95%
Federal Home Loan Banks 3.63856%	FHLBDN.0 04.08.14	5.60%
Federal Home Loan Banks 3.65024%	FHLBDN.0 05.13.14	5.58%
United States Treasury Bills 3.62156%	B.0 05.21.26	5.58%
Federal Home Loan Banks 3.6355%	FHLBDN.0 04.10.18	4.20%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 16, 2025	$2.64567	Dec 16, 2025
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
Dec 4, 2008	$14.964	Dec 4, 2008

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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