Rydex Inverse NASDAQ-100 2x Strategy C (RYCDX)
| Fund Assets | 13.02M |
| Expense Ratio | 2.50% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 7.79 |
| Dividend Yield | 10.98% |
| Dividend Growth | -18.41% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 69.20 |
| YTD Return | -30.23% |
| 1-Year Return | -34.99% |
| 5-Year Return | -85.38% |
| 52-Week Low | 68.98 |
| 52-Week High | 155.61 |
| Beta (5Y) | n/a |
| Holdings | 11 |
| Inception Date | Mar 8, 2001 |
About RYCDX
Rydex Inverse NASDAQ-100 2x Strategy Fund Class C is a mutual fund designed to deliver twice the inverse (opposite) of the daily performance of the NASDAQ-100 Index, before fees and expenses. Its primary function is to serve as a trading tool for those wishing to profit from or hedge against declines in the large-cap growth sector represented by the NASDAQ-100. The fund achieves its objective by employing derivatives and futures, as well as holding significant positions in cash and short-term U.S. Treasuries, which support its leveraged inverse exposure. This strategy places the fund within the trading—inverse equity category, making it distinct from traditional long-only equity funds. Managed by Security Investors, LLC and distributed by Guggenheim Funds Distributors, LLC, it caters primarily to sophisticated market participants, providing daily-reset leveraged inverse exposure rather than long-term growth. The fund’s annual net expense ratio is relatively high, reflecting the complexity and active management needed to maintain its target exposure.
Performance
RYCDX had a total return of -34.99% in the past year, including dividends. Since the fund's inception, the average annual return has been -31.90%.
Top 10 Holdings
101.87% of assets| Name | Symbol | Weight |
|---|---|---|
| J.P. Morgan Securities Llc | n/a | 37.63% |
| United States Treasury Bills 4.23% | B.0 09.18.25 | 35.65% |
| Barclays Capital, Inc. | n/a | 16.24% |
| Bofa Securities, Inc. | n/a | 15.68% |
| United States Treasury Bills 3.94% | B.0 07.08.25 | 1.18% |
| Cash | n/a | -0.00% |
| E-mini Nasdaq 100 Future Sept 25 | n/a | -0.65% |
| Nasdaq-100 Index | n/a | -1.25% |
| Nasdaq-100 Index | n/a | -1.28% |
| Nasdaq-100 Index | n/a | -1.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $7.78712 | Dec 12, 2024 |
| Dec 12, 2023 | $9.54455 | Dec 12, 2023 |
| Dec 16, 2020 | $1.41436 | Dec 16, 2020 |
| Dec 17, 2019 | $0.0521 | Dec 17, 2019 |
| Dec 8, 2008 | $6.732 | Dec 8, 2008 |
| Dec 7, 2007 | $44.50802 | Dec 7, 2007 |