Rydex Inverse Dow 2x Strategy Fund Class C (RYCZX)

Fund Assets	3.55M
Expense Ratio	2.442%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	5.15
Dividend Yield	6.82%
Dividend Growth	0.02%
Payout Frequency	Annual
Ex-Dividend Date	Dec 16, 2025

Previous Close	74.94
YTD Return	-13.84%
1-Year Return	-19.81%
5-Year Return	-56.20%
52-Week Low	68.25
52-Week High	102.19
Beta (5Y)	-1.66
Holdings	12
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.

• Fund Family: Rydex Funds
• Category: Trading--Inverse Equity
• Stock Exchange: Nasdaq
• Ticker Symbol: RYCZX
• Share Class: C
• Index: Dow Jones Industrial Daily Reinvested Avg TR

Performance

RYCZX had a total return of -19.81% in the past year, including dividends. Since the fund's inception, the average annual return has been -22.79%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
RYCWX	H	1.78%
RYIDX	A	1.79%

Top 10 Holdings

105.17% of assets

Name	Symbol	Weight
Triparty Rev Repo	n/a	43.33%
Triparty Rev Repo	n/a	43.33%
Us Dollar	n/a	15.11%
BNY Dreyfus Treasury Oblgtns Csh Mgt Ins	DTRXX	2.12%
Barc_trs_usd_otc_indu_1t_usd-Sofr_1d_(0.006)_eff_2026-06-16_mat_2026-09-28_	n/a	1.31%
Bnp_trs_usd_otc_indu_1t_usd-Federal Funds_1d_(0.005)_eff_2026-06-10_mat_202	n/a	0.00%
Bnp_trs_usd_otc_indu_1t_usd-Federal Funds_1d_(0.005)_eff_2026-06-10_mat_202	n/a	0.00%
Barc_trs_usd_otc_indu_1t_usd-Sofr_1d_(0.006)_eff_2026-06-16_mat_2026-09-28_	n/a	0.00%
Barc_trs_usd_otc_indu_1t_usd-Sofr_1d_(0.006)_eff_2026-06-16_mat_2026-09-28_	n/a	0.00%
E-mini Dow $5 Future Sept 26	n/a	-0.02%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 16, 2025	$5.15479	Dec 16, 2025
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 17, 2026

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