Rydex Banking Fund Class H (RYKAX)

Fund Assets	12.66M
Expense Ratio	1.65%
Min. Investment	$2,500
Turnover	280.00%
Dividend (ttm)	4.04
Dividend Yield	3.41%
Dividend Growth	21.31%
Payout Frequency	Annual
Ex-Dividend Date	Dec 16, 2025

Previous Close	118.36
YTD Return	16.26%
1-Year Return	33.53%
5-Year Return	53.80%
52-Week Low	93.71
52-Week High	119.41
Beta (5Y)	0.94
Holdings	79
Inception Date	Apr 1, 1998

About RYKAX

The Guggenheim Rydex Banking Fund is an open-end mutual fund focused on providing capital appreciation by investing primarily in companies engaged in the banking sector. This includes commercial banks and their holding companies, positioning the fund to capture trends, performance, and structural changes within the broader financial services industry. The fund adopts a sector-specific approach, allowing investors to target exposure to banking-related equities while leveraging the expertise of a team-managed investment process. The fund is part of Guggenheim Investments' Rydex series, known for offering specialized and flexible sector strategies. By concentrating its holdings in the banking sector, the fund plays a distinctive role in the market by serving investors seeking to align portfolios with the financial sector’s dynamics, performance cycles, and regulatory developments. Given its focus, the fund is particularly sensitive to shifts in interest rates, credit markets, and economic cycles, which are central to banking industry profitability and growth.

• Fund Family: Rydex Funds
• Category: Financial
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: RYKAX
• Share Class: Class H
• Index: S&P 500 TR

Performance

RYKAX had a total return of 33.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.21%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FFSIX	Fidelity	Fidelity Advisor Financials Fund - Class I	0.72%
FSRBX	Fidelity	Fidelity Select Banking Portfolio	0.69%
FSPCX	Fidelity	Fidelity Select Insurance Portfolio	0.68%
FIKBX	Fidelity	Fidelity Advisor Financials Fund - Class Z	0.59%
FSVLX	Fidelity	Fidelity Select FinTech Portfolio	0.74%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
RYKIX	Investor Class	1.39%
RYBKX	Class A	1.65%
RYKCX	Class C	2.41%

Top 10 Holdings

34.02% of assets

Name	Symbol	Weight
JPMorgan Chase & Co.	JPM	4.03%
Bank of America Corporation	BAC	3.94%
Citigroup Inc.	C	3.89%
Wells Fargo & Company	WFC	3.81%
Capital One Financial Corporation	COF	3.68%
The PNC Financial Services Group, Inc.	PNC	3.20%
U.S. Bancorp	USB	3.13%
The Bank of New York Mellon Corporation	BNY	3.13%
Nu Holdings Ltd.	NU	2.78%
Truist Financial Corporation	TFC	2.44%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 16, 2025	$4.03649	Dec 16, 2025
Dec 12, 2024	$3.32733	Dec 12, 2024
Dec 12, 2023	$1.23313	Dec 12, 2023
Dec 20, 2022	$2.5922	Dec 20, 2022
Dec 8, 2021	$0.49619	Dec 8, 2021
Dec 9, 2020	$2.25783	Dec 9, 2020

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:

Aug 13, 2026

Data Sources Report a data error