Rydex Inverse S&P 500® Strategy Fund Class A (RYARX)
| Fund Assets | 31.64M |
| Expense Ratio | 1.70% |
| Min. Investment | $2,500 |
| Turnover | 114.00% |
| Dividend (ttm) | 7.53 |
| Dividend Yield | 7.68% |
| Dividend Growth | 97.37% |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 92.94 |
| YTD Return | -6.79% |
| 1-Year Return | -15.60% |
| 5-Year Return | -46.75% |
| 52-Week Low | 92.62 |
| 52-Week High | 118.38 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| Inception Date | Mar 31, 2004 |
About RYARX
Rydex Inverse S&P 500 Strategy Fund Class A is an open-end mutual fund designed to deliver the inverse of the daily performance of the S&P 500 Index, before fees and expenses. Unlike traditional equity funds that track the S&P 500, this fund seeks to provide returns that move in the opposite direction of the index on a daily basis, utilizing financial instruments such as derivatives and short strategies. Its portfolio includes derivatives like futures, options, and swaps to achieve its objective, and it may also engage in short sales. The fund typically invests at least 80% of its assets in instruments that should perform opposite to the S&P 500 constituents, which are large-cap U.S. companies across diverse sectors. Notably, the fund is non-diversified and subject to risks associated with inverse strategies and daily compounding, meaning performance over periods longer than one day may deviate significantly from the inverse of the index. Rydex Inverse S&P 500 Strategy Fund Class A is widely used by investors seeking portfolio hedging or exposure to declining U.S. equity markets, playing a specialized role in tactical asset allocation and risk management strategies.
Performance
RYARX had a total return of -15.60% in the past year, including dividends. Since the fund's inception, the average annual return has been -11.23%.
Top 10 Holdings
87.64% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal Home Loan Banks 4.225% | FHLBDN.0 04.10.17 | 15.44% |
| Guggenheim Strategy II | n/a | 14.42% |
| Guggenheim Ultra Short Duration Fund Institutional | GIYIX | 9.46% |
| United States Treasury Bills 4.23% | B.0 04.24.25 | 9.25% |
| United States Treasury Bills 4.22% | B.0 05.06.25 | 9.24% |
| J.P. Morgan Securities Llc | n/a | 7.73% |
| Bofa Securities, Inc. | n/a | 5.93% |
| Federal Home Loan Banks 4.38% | FHLB.F 06.20.25 0000 | 5.52% |
| United States Treasury Bills | B.0 06.12.25 | 5.36% |
| United States Treasury Bills 4.26% | B.0 04.03.25 | 5.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $7.53065 | Dec 12, 2024 |
| Dec 12, 2023 | $3.81542 | Dec 12, 2023 |
| Dec 10, 2020 | $0.7701 | Dec 10, 2020 |
| Dec 11, 2019 | $2.10825 | Dec 11, 2019 |
| Dec 16, 2009 | $1.674 | Dec 16, 2009 |
| Dec 4, 2008 | $24.96301 | Dec 4, 2008 |