Rydex Transportation Fund Class H (RYPAX)
| Fund Assets | 6.97M |
| Expense Ratio | 1.65% |
| Min. Investment | $2,500 |
| Turnover | 100.00% |
| Dividend (ttm) | 0.78 |
| Dividend Yield | 1.33% |
| Dividend Growth | 750.88% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 58.54 |
| YTD Return | 14.16% |
| 1-Year Return | 9.29% |
| 5-Year Return | 16.26% |
| 52-Week Low | 38.73 |
| 52-Week High | 58.54 |
| Beta (5Y) | n/a |
| Holdings | 76 |
| Inception Date | Jun 9, 1998 |
About RYPAX
Rydex Transportation Fund Class H is a mutual fund focused on delivering capital appreciation by investing primarily in equity securities of companies within the United States transportation sector. The fund’s strategy involves allocating at least 80% of its net assets to transportation companies—including those involved in air, rail, trucking, shipping, and logistics—as well as utilizing derivatives such as futures and options for additional portfolio flexibility. Key holdings often include major names in rail, parcel delivery, and automotive technology, reflecting the diverse and interconnected nature of the modern transportation industry. Rydex Transportation Fund Class H enables investors to gain broad exposure to the sector’s growth, challenges, and cyclical trends. Its purpose is to provide a vehicle for investors seeking targeted participation in the performance of transportation companies, which play a critical role in supporting economic activity and supply chain operations. Despite its relatively small asset base, the fund’s narrow focus and high turnover underscore its specialized investment approach and niche market significance.
Performance
RYPAX had a total return of 9.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIKEX | Fidelity | Fidelity Advisor Industrials Z | 0.64% |
| FCLIX | Fidelity | Fidelity Advisor Industrials I | 0.76% |
| FCYIX | Fidelity | Fidelity Select Industrials Portfolio | 0.69% |
| FSLEX | Fidelity | Fidelity Environment and Alternative Energy Fund | 0.69% |
| FSDAX | Fidelity | Fidelity Select Defense and Aerospace Portfolio | 0.66% |
Top 10 Holdings
54.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Other Assets & Liabilities | n/a | 25.21% |
| Tesla, Inc. | TSLA | 9.91% |
| Uber Technologies, Inc. | UBER | 3.80% |
| Union Pacific Corporation | UNP | 3.22% |
| Norfolk Southern Corporation | NSC | 2.25% |
| CSX Corporation | CSX | 2.19% |
| United Parcel Service, Inc. | UPS | 2.18% |
| General Motors Company | GM | 2.01% |
| FedEx Corporation | FDX | 1.89% |
| Ford Motor Company | F | 1.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.77566 | Dec 12, 2024 |
| Dec 12, 2023 | $0.09116 | Dec 12, 2023 |
| Dec 20, 2022 | $4.7093 | Dec 20, 2022 |
| Dec 9, 2021 | $9.68832 | Dec 9, 2021 |
| Dec 11, 2019 | $1.91827 | Dec 11, 2019 |
| Dec 12, 2018 | $5.08535 | Dec 12, 2018 |