Rydex Electronics Fund Class A (RYELX)
| Fund Assets | 79.98M |
| Expense Ratio | 1.65% |
| Min. Investment | $2,500 |
| Turnover | 96.00% |
| Dividend (ttm) | 7.21 |
| Dividend Yield | 1.59% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 430.63 |
| YTD Return | 13.95% |
| 1-Year Return | -0.45% |
| 5-Year Return | 170.07% |
| 52-Week Low | 266.14 |
| 52-Week High | 451.51 |
| Beta (5Y) | n/a |
| Holdings | 66 |
| Inception Date | Sep 1, 2004 |
About RYELX
Rydex Electronics Fund Class A is a mutual fund focused on providing capital appreciation by investing primarily in the electronics sector. The fund allocates at least 80% of its net assets to equity securities of companies actively engaged in the electronics industry, which includes key areas such as semiconductor manufacturing and related technology segments. As a non-diversified fund, it concentrates its holdings in a narrower set of companies, allowing for increased exposure to the performance dynamics of the sector. Managed by a team, the fund seeks to capture growth opportunities from companies positioned at the forefront of technological innovation and electronic component production. Rydex Electronics Fund Class A plays a significant role for investors looking to target growth potential within the evolving electronics market, impacting sectors that are central to consumer electronics, industrial applications, and emerging digital infrastructure.
Performance
RYELX had a total return of -0.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.84%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIKGX | Fidelity | Fidelity Advisor Semiconductors Fund - Class Z | 0.62% |
| FATIX | Fidelity | Fidelity Advisor Technology Fund - Class I | 0.72% |
| FELTX | Fidelity | Fidelity Advisor Semiconductors Fund - Class M | 1.25% |
| FTHCX | Fidelity | Fidelity Advisor Technology Fund - Class C | 1.75% |
| FBSOX | Fidelity | Fidelity Select Enterprise Technology Services Portfolio | 0.66% |
Top 10 Holdings
56.95% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 16.41% |
| Broadcom Inc. | AVGO | 10.01% |
| First American Government Obligations Fund | FGXXX | 4.92% |
| Advanced Micro Devices, Inc. | AMD | 4.22% |
| QUALCOMM Incorporated | QCOM | 4.21% |
| Texas Instruments Incorporated | TXN | 3.88% |
| Applied Materials, Inc. | AMAT | 3.68% |
| KLA Corporation | KLAC | 3.26% |
| Analog Devices, Inc. | ADI | 3.21% |
| Lam Research Corporation | LRCX | 3.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $7.20731 | Dec 12, 2024 |
| Dec 8, 2021 | $11.52187 | Dec 8, 2021 |
| Dec 9, 2020 | $5.24087 | Dec 9, 2020 |
| Dec 10, 2019 | $0.01336 | Dec 10, 2019 |
| Dec 11, 2018 | $10.65431 | Dec 10, 2018 |
| Dec 12, 2017 | $0.0614 | Dec 12, 2017 |