Rydex Banking Fund Class Investor (RYKIX)
| Fund Assets | 8.97M |
| Expense Ratio | 1.39% |
| Min. Investment | $2,500 |
| Turnover | 280.00% |
| Dividend (ttm) | 4.04 |
| Dividend Yield | 3.13% |
| Dividend Growth | 21.31% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 128.94 |
| YTD Return | 3.55% |
| 1-Year Return | 20.56% |
| 5-Year Return | 61.44% |
| 52-Week Low | 82.57 |
| 52-Week High | 132.10 |
| Beta (5Y) | n/a |
| Holdings | 82 |
| Inception Date | Apr 1, 1998 |
About RYKIX
Rydex Banking Fund Investor Class is a sector-focused mutual fund dedicated to providing capital appreciation by investing primarily in U.S.-traded equity securities of companies operating within the banking industry. The fund targets a range of banking companies, including commercial banks and their holding entities, seeking to capture opportunities tied to trends in financial services and banking sectors. Launched in 1998, this fund is actively managed, allowing for portfolio adjustments in response to changing market conditions and sector developments. With an emphasis on the financial sector, the Rydex Banking Fund Investor Class serves investors looking to gain focused exposure to banking stocks, which often respond distinctly to interest rate cycles, regulatory shifts, and broader economic trends. As a specialized investment vehicle, it plays a role in diversifying portfolios for those seeking targeted participation in the banking industry within the broader context of the U.S. equity market.
Performance
RYKIX had a total return of 20.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.66%.
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 | 0.77% |
| FSRBX | Fidelity | Fidelity Select Banking Portfolio | 0.71% |
| FSPCX | Fidelity | Fidelity Select Insurance Portfolio | 0.69% |
| FIKBX | Fidelity | Fidelity Advisor Financials Fund - Class Z | 0.64% |
| FSVLX | Fidelity | Fidelity Select FinTech Portfolio | 0.75% |
Top 10 Holdings
35.01% of assets| Name | Symbol | Weight |
|---|---|---|
| Citigroup Inc. | C | 4.21% |
| JPMorgan Chase & Co. | JPM | 4.09% |
| Capital One Financial Corporation | COF | 4.07% |
| Bank of America Corporation | BAC | 4.06% |
| Wells Fargo & Company | WFC | 4.02% |
| U.S. Bancorp | USB | 3.11% |
| The PNC Financial Services Group, Inc. | PNC | 3.06% |
| The Bank of New York Mellon Corporation | BK | 3.03% |
| Truist Financial Corporation | TFC | 2.69% |
| Nu Holdings Ltd. | NU | 2.68% |
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 |