About RYCCX
The Rydex NASDAQ-100 2x Strategy Fund Class C is a leveraged mutual fund designed to deliver, before fees and expenses, twice the daily performance of the NASDAQ-100 Index. Managed by Security Investors, LLC and distributed through Guggenheim Funds Distributors, the fund utilizes a combination of equity holdings and derivatives to achieve its daily 200% exposure to the NASDAQ-100, which is heavily weighted toward leading large-cap technology and growth companies, such as Apple, Microsoft, and NVIDIA. This fund falls within the 'Trading—Leveraged Equity' category, making it distinctively positioned for active traders or tactical allocators seeking amplified exposure to the short-term movements of the NASDAQ-100 Index. The fund features a high portfolio turnover, annual distribution frequency, and a net expense ratio of 2.65%. Its investment strategy and risk profile make it a specialized tool within the broader financial market, serving those looking for magnified, index-linked returns on a short-term basis rather than traditional, long-term growth potential.
Fund Family Rydex Funds
Category Trading--Leveraged Equity
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol RYCCX
Share Class C
Index NASDAQ 100 TR
RYCCX had a total return of 15.49% in the past year, including dividends. Since the fund's
inception, the average annual return has been 18.57%.