Rydex Inverse Russell 2000 2x Strategy Fund Class A (RYIUX)
| Fund Assets | 7.10M |
| Expense Ratio | 1.79% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 5.93 |
| Dividend Yield | 4.58% |
| Dividend Growth | 29.96% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 120.80 |
| YTD Return | -6.63% |
| 1-Year Return | -12.69% |
| 5-Year Return | -76.72% |
| 52-Week Low | 113.00 |
| 52-Week High | 200.74 |
| Beta (5Y) | n/a |
| Holdings | 12 |
| Inception Date | May 31, 2006 |
About RYIUX
The Rydex Inverse Russell 2000 2x Strategy Fund Class A is a mutual fund designed to deliver twice the inverse, or opposite, of the daily performance of the Russell 2000 Index, before fees and expenses. This means that when the Russell 2000—a widely followed benchmark of small-cap U.S. equities—declines in value, this fund seeks to rise in value at approximately double that daily percentage drop, and vice versa. The fund achieves its objective through a combination of short sales of securities included in the index and the use of derivatives, maintaining at least 80% of its net assets in instruments that are expected to behave inversely to the index’s movements. Operating as a non-diversified fund, it can concentrate its holdings more than typical diversified mutual funds, which may amplify fluctuations in share value. The fund is primarily used for tactical trading or hedging against anticipated declines in small-cap equities, rather than for long-term investment. It is actively managed and subject to heightened risks from leverage, daily rebalancing, and market volatility, making it a specialized tool for sophisticated investors seeking inverse exposure to the small-cap segment of the U.S. equity market.
Performance
RYIUX had a total return of -12.69% in the past year, including dividends. Since the fund's inception, the average annual return has been -27.03%.
Top 10 Holdings
99.88% of assets| Name | Symbol | Weight |
|---|---|---|
| J.P. Morgan Securities Llc | n/a | 32.84% |
| United States Treasury Bills 4.2% | B.0 06.12.25 | 18.99% |
| Federal Home Loan Banks 4.335% | FHLB.F 06.11.25 0002 | 14.08% |
| Bofa Securities, Inc. | n/a | 12.63% |
| Barclays Capital, Inc. | n/a | 12.57% |
| Other Assets & Liabilities | n/a | 5.52% |
| Cash | n/a | 1.55% |
| Russell 2000 Index | n/a | 1.11% |
| United States Treasury Bills 4.08% | B.0 06.17.25 | 0.35% |
| Russell 2000 Index | n/a | 0.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $5.92576 | Dec 12, 2024 |
| Dec 12, 2023 | $4.55968 | Dec 12, 2023 |
| Dec 17, 2019 | $3.48483 | Dec 17, 2019 |
| Dec 8, 2008 | $1,346.024 | Dec 8, 2008 |
| Dec 7, 2007 | $94.512 | Dec 7, 2007 |
| Dec 12, 2006 | $45.600 | Dec 12, 2006 |