Rydex Basic Materials Fund Class H (RYBAX)
| Fund Assets | 41.35M |
| Expense Ratio | 1.65% |
| Min. Investment | $2,500 |
| Turnover | 51.00% |
| Dividend (ttm) | 7.52 |
| Dividend Yield | 8.28% |
| Dividend Growth | -12.30% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 90.89 |
| YTD Return | 18.95% |
| 1-Year Return | 47.19% |
| 5-Year Return | 80.00% |
| 52-Week Low | 51.80 |
| 52-Week High | 92.65 |
| Beta (5Y) | n/a |
| Holdings | 105 |
| Inception Date | Apr 14, 1998 |
About RYBAX
Rydex Basic Materials Fund Class H is a mutual fund that primarily seeks capital appreciation by investing at least 80% of its net assets in equity securities of companies engaged in the basic materials sector. This sector encompasses businesses involved in the mining, manufacturing, or sale of raw materials such as lumber, steel, iron, and aluminum. The fund is team-managed and maintains a relatively concentrated portfolio, with nearly 30% of assets in its top ten holdings, spanning approximately 100 companies. Through its sector-focused approach, it provides exposure to industries foundational to manufacturing, construction, and other economic activities reliant on raw materials. The fund plays a role in the market by offering investors a targeted way to access the performance of the basic materials sector, which can be influenced by global economic trends and commodity price movements. Rydex Basic Materials Fund Class H distributes income annually and is notable for its sector specificity within the broader landscape of equity mutual funds.
Performance
RYBAX had a total return of 47.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.57%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSDPX | Fidelity | Fidelity Select Materials Portfolio | 0.70% |
| FMFTX | Fidelity | Fidelity Advisor Materials Fund - Class M | 1.24% |
| FMFEX | Fidelity | Fidelity Advisor Materials Fund - Class I | 0.72% |
| FMFCX | Fidelity | Fidelity Advisor Materials Fund - Class C | 1.74% |
| FIJFX | Fidelity | Fidelity Advisor Materials Fund - Class Z | 0.59% |
Top 10 Holdings
23.11% of assets| Name | Symbol | Weight |
|---|---|---|
| Linde plc | LIN | 4.06% |
| Newmont Corporation | NEM | 2.87% |
| Freeport-McMoRan Inc. | FCX | 2.43% |
| The Sherwin-Williams Company | SHW | 2.42% |
| Ecolab Inc. | ECL | 2.31% |
| Air Products and Chemicals, Inc. | APD | 2.08% |
| Corteva, Inc. | CTVA | 1.90% |
| Martin Marietta Materials, Inc. | MLM | 1.70% |
| Vulcan Materials Company | VMC | 1.68% |
| Nucor Corporation | NUE | 1.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $7.52495 | Dec 16, 2025 |
| Dec 12, 2024 | $8.57997 | Dec 12, 2024 |
| Dec 12, 2023 | $1.74809 | Dec 12, 2023 |
| Dec 20, 2022 | $1.29444 | Dec 20, 2022 |
| Dec 8, 2021 | $1.62805 | Dec 8, 2021 |
| Dec 9, 2020 | $1.56607 | Dec 9, 2020 |