Rydex Inverse Dow 2x Strategy Fund Class C (RYCZX)
| Fund Assets | 3.66M |
| Expense Ratio | 2.51% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 5.15 |
| Dividend Yield | 4.81% |
| Dividend Growth | 243.95% |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 108.68 |
| YTD Return | -10.31% |
| 1-Year Return | -16.08% |
| 5-Year Return | -71.71% |
| 52-Week Low | 104.27 |
| 52-Week High | 151.46 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Feb 20, 2004 |
About RYCZX
Rydex Inverse Dow 2x Strategy Fund Class C is a mutual fund designed to deliver investment results that correspond to twice the inverse (opposite) of the daily performance of the Dow Jones Industrial Average, before fees and expenses. This means the fund aims to increase in value when the Dow Jones Industrial Average declines, and it does so at approximately double the magnitude of the index’s daily loss. The fund achieves its objective using strategies such as short sales of securities included in the underlying index and the use of derivatives, making it suitable for active traders seeking to capitalize on short-term market movements rather than long-term growth. This fund is classified as a trading—inverse equity strategy, reflecting its use of leverage and inverse exposure. It is typically used for tactical hedging or speculative purposes, providing a way for investors to gain leveraged bearish exposure to large-cap U.S. equities represented by the Dow Jones Industrial Average. Its structure and high expense ratio, combined with elevated volatility and compounding effects, make it inappropriate for most buy-and-hold investors and more relevant for sophisticated, short-term market participants.
Performance
RYCZX had a total return of -16.08% in the past year, including dividends. Since the fund's inception, the average annual return has been -22.87%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 4.2% | B.0 06.12.25 | 45.78% |
| J.P. Morgan Securities Llc | n/a | 27.66% |
| Bofa Securities, Inc. | n/a | 21.19% |
| Other Assets & Liabilities | n/a | 1.99% |
| United States Treasury Bills 4.08% | B.0 04.08.25 | 1.38% |
| Dow Jones Industrial Average Index | n/a | 1.26% |
| Dow Jones Industrial Average Index | n/a | 0.83% |
| Cash | n/a | 0.00% |
| E-mini Dow $5 Future June 25 | n/a | -0.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $5.15392 | Dec 12, 2024 |
| Dec 12, 2023 | $1.49844 | Dec 12, 2023 |
| Dec 16, 2020 | $0.15172 | Dec 16, 2020 |
| Dec 17, 2019 | $0.08134 | Dec 17, 2019 |
| Dec 8, 2008 | $0.2465 | Dec 8, 2008 |
| Dec 7, 2007 | $7.3375 | Dec 7, 2007 |