Rydex Nova Fund - Investor Class (RYNVX)

Fund Assets	249.36M
Expense Ratio	1.41%
Min. Investment	$2,500
Turnover	583.00%
Dividend (ttm)	1.34
Dividend Yield	0.65%
Dividend Growth	37.64%
Payout Frequency	Annual
Ex-Dividend Date	Dec 16, 2025

Previous Close	207.14
YTD Return	16.58%
1-Year Return	26.59%
5-Year Return	93.04%
52-Week Low	157.34
52-Week High	212.20
Beta (5Y)	1.58
Holdings	524
Inception Date	Jul 12, 1993

About RYNVX

The Rydex Nova Fund Investor Class is a leveraged mutual fund designed to provide investment returns that equal 150% of the daily performance of the S&P 500 Index, before fees and expenses. As a trading—leveraged equity fund, it employs a strategy of investing primarily in large-cap U.S. equities, often utilizing derivatives to achieve its daily leveraged exposure. The fund’s objective is to magnify the movements of the S&P 500 on a daily basis, making it distinct from traditional index funds that aim to match the benchmark’s performance without leverage. The Rydex Nova Fund Investor Class is categorized as non-diversified, meaning it may concentrate a greater portion of assets in specific holdings compared to diversified funds. It features a relatively high turnover rate and targets those seeking amplified exposure to large-cap U.S. stocks, such as technology, consumer cyclical, and communication services companies—its top holdings often include prominent firms like Microsoft, Apple, and NVIDIA. This fund serves a specialized role in the market by offering a tactical tool for investors looking to express a bullish, leveraged view on the S&P 500 over short-term horizons.

• Fund Family: Rydex Funds
• Category: Trading--Leveraged Equity
• Performance Rating: Below Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: RYNVX
• Share Class: Investor Class
• Index: S&P 500 TR

Performance

RYNVX had a total return of 26.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.55%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
RYNHX	Class H	1.67%
RYANX	Class A	1.68%
RYNCX	Class C	2.43%

Top 10 Holdings

36.03% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	5.58%
Apple Inc.	AAPL	4.90%
United States Treasury Bills 3.60072%	B.0 04.02.26	4.65%
Microsoft Corporation	MSFT	3.62%
Guggenheim Ultra Short Duration Fund Institutional	GIYIX	3.43%
United States Treasury Bills 3.62687%	B.0 06.16.26	3.23%
Rtriparty Rev Repo	n/a	2.70%
Amazon.com, Inc.	AMZN	2.68%
Rtriparty Rev Repo	n/a	2.67%
Guggenheim Strategy III	n/a	2.59%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 16, 2025	$1.34134	Dec 16, 2025
Dec 12, 2024	$0.97453	Dec 12, 2024
Dec 12, 2023	$0.65964	Dec 12, 2023
Dec 20, 2022	$18.31649	Dec 20, 2022
Dec 9, 2021	$13.11454	Dec 9, 2021
Dec 10, 2020	$0.58714	Dec 10, 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 27, 2026

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