Rydex Inverse S&P 500 2x Strategy H (RYTPX)
| Fund Assets | 11.90M |
| Expense Ratio | 1.76% |
| Min. Investment | $2,500 |
| Turnover | 78.00% |
| Dividend (ttm) | 7.51 |
| Dividend Yield | 8.92% |
| Dividend Growth | 35.82% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 84.11 |
| YTD Return | -22.65% |
| 1-Year Return | -29.50% |
| 5-Year Return | -79.28% |
| 52-Week Low | 84.11 |
| 52-Week High | 149.73 |
| Beta (5Y) | n/a |
| Holdings | 12 |
| Inception Date | May 19, 2000 |
About RYTPX
The Rydex Inverse S&P 500 2x Strategy Fund - H Class is an actively managed mutual fund designed to deliver twice the inverse (-2x) of the daily performance of the S&P 500 Index, before fees and expenses. Its primary function is to serve as a tactical tool for investors seeking to profit from or hedge against short-term declines in the U.S. large-cap equity market. The fund accomplishes its objective by engaging in short sales of S&P 500 constituent securities and using derivatives, such as futures and swaps, to amplify the inverse exposure. This fund is categorized as a trading/inverse equity fund and is not intended for long-term, buy-and-hold strategies due to the effects of compounding and potential divergence from the anticipated -2x return over periods longer than a single day. With an expense ratio around 1.76% and a minimum investment of $2,500, it primarily attracts sophisticated investors, active traders, and institutions requiring targeted negative exposure to the S&P 500 index. The Rydex Inverse S&P 500 2x Strategy Fund plays a distinctive role in the market by providing leveraged inverse access to a major benchmark index, supporting hedging and speculative strategies in highly volatile or downward-trending equity environments.
Performance
RYTPX had a total return of -29.50% in the past year, including dividends. Since the fund's inception, the average annual return has been -21.83%.
Top 10 Holdings
121.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal Home Loan Banks 4.355% | FHLB.F 05.07.25 0000 | 28.25% |
| United States Treasury Bills | B.0 06.12.25 | 27.55% |
| J.P. Morgan Securities Llc | n/a | 23.43% |
| United States Treasury Bills 4.23% | B.0 04.15.25 | 18.80% |
| Bofa Securities, Inc. | n/a | 17.96% |
| S&P 500 Index | n/a | 2.26% |
| Cash | n/a | 1.39% |
| S&P 500 Index | n/a | 0.74% |
| E-mini S&P 500 Future June 25 | n/a | 0.59% |
| S&P 500 Index | n/a | 0.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $7.5134 | Dec 12, 2024 |
| Dec 12, 2023 | $5.5318 | Dec 12, 2023 |
| Dec 17, 2019 | $1.56397 | Dec 17, 2019 |
| Dec 8, 2008 | $209.09021 | Dec 8, 2008 |
| Dec 7, 2007 | $645.33065 | Dec 7, 2007 |
| Dec 20, 2006 | $841.54084 | Dec 20, 2006 |