Rydex Energy Services Fund Class A (RYESX)
| Fund Assets | 4.35M |
| Expense Ratio | 1.65% |
| Min. Investment | $2,500 |
| Turnover | 296.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 172.08 |
| YTD Return | -16.69% |
| 1-Year Return | -31.18% |
| 5-Year Return | 73.27% |
| 52-Week Low | 145.66 |
| 52-Week High | 254.83 |
| Beta (5Y) | n/a |
| Holdings | 36 |
| Inception Date | Sep 1, 2004 |
About RYESX
The Rydex Energy Services Fund Class A is a mutual fund focused on providing capital appreciation by investing in companies within the energy services sector. Its primary function is to concentrate on equity securities of firms involved in energy services, typically allocating at least 80% of its net assets to this industry. The fund's notable features include a diverse portfolio that may encompass various energy-related services, impacting sectors such as oil and gas. As a specialized fund, it plays a significant role in the financial market by offering investors a targeted approach to energy investments. With a team-managed strategy and a focus on annual distributions, it provides a structured investment opportunity for those interested in the energy sector.
Performance
RYESX had a total return of -31.18% in the past year, including dividends. Since the fund's inception, the average annual return has been -3.34%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FANIX | Fidelity | Fidelity Advisor Energy Fund - Class I | 0.74% |
| FIKAX | Fidelity | Fidelity Advisor Energy Fund - Class Z | 0.62% |
| FNARX | Fidelity | Fidelity Natural Resources Fund | 0.69% |
| FAGNX | Fidelity | Fidelity Advisor Energy Fund - Class M | 1.27% |
| FANAX | Fidelity | Fidelity Advisor Energy Fund - Class A | 1.01% |
Top 10 Holdings
57.86% of assets| Name | Symbol | Weight |
|---|---|---|
| Schlumberger Limited | SLB | 12.56% |
| Baker Hughes Company | BKR | 11.20% |
| Halliburton Company | HAL | 7.32% |
| TechnipFMC plc | FTI | 4.78% |
| Archrock, Inc. | AROC | 4.16% |
| ChampionX Corporation | CHX | 4.05% |
| NOV Inc. | NOV | 3.92% |
| Noble Corporation plc | NE | 3.37% |
| Cactus, Inc. | WHD | 3.33% |
| Weatherford International plc | WFRD | 3.17% |