Rydex Inverse Dow 2x Strategy Fund Class A (RYIDX)
| Fund Assets | 3.66M |
| Expense Ratio | 1.77% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 5.15 |
| Dividend Yield | 3.84% |
| Dividend Growth | 243.95% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 129.67 |
| YTD Return | -6.17% |
| 1-Year Return | -11.88% |
| 5-Year Return | -69.39% |
| 52-Week Low | 124.39 |
| 52-Week High | 180.27 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Sep 1, 2004 |
About RYIDX
Rydex Inverse Dow 2x Strategy Fund Class A is a specialized mutual fund designed to deliver investment results that correspond to two times the inverse (opposite) of the daily performance of the Dow Jones Industrial Average. This means the fund is structured to appreciate when the Dow declines and, conversely, to fall when the Dow rises, amplifying daily moves by a factor of two in the opposite direction. The primary purpose of this fund is to offer investors tactical exposure for hedging or speculative strategies that benefit from declines in the blue-chip segment represented by the Dow Jones Industrial Average. Distinctively, the fund achieves its objectives through a mix of short sales of index securities and derivatives, as well as allocations to U.S. Treasury bills for liquidity management. It is typically used by sophisticated investors seeking leveraged inverse exposure as part of their broader portfolio strategy. The fund is actively managed and rebalanced daily to maintain its leverage target. Due to its volatility and compounding effects over periods longer than one day, it is generally not intended for long-term investment horizons. As of the latest reports, the fund carries a relatively high expense ratio and distributes dividends annually.
Performance
RYIDX had a total return of -11.88% in the past year, including dividends. Since the fund's inception, the average annual return has been -22.11%.
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 |