Rydex S&P 500 2x Strategy Fund Class A (RYTTX)
| Fund Assets | 189.35M |
| Expense Ratio | 1.86% |
| Min. Investment | $2,500 |
| Turnover | 1,197.00% |
| Dividend (ttm) | 17.62 |
| Dividend Yield | 4.87% |
| Dividend Growth | 5,081.64% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 356.27 |
| YTD Return | 6.31% |
| 1-Year Return | 17.14% |
| 5-Year Return | 173.99% |
| 52-Week Low | 226.79 |
| 52-Week High | 367.24 |
| Beta (5Y) | n/a |
| Holdings | 516 |
| Inception Date | Sep 1, 2004 |
About RYTTX
The Rydex S&P 500 2x Strategy Fund Class A is a leveraged mutual fund designed to deliver investment results that correspond to 200% of the daily performance of the S&P 500 Index, before fees and expenses. This means the fund aims to amplify the returns and movements of the S&P 500 on a single-day basis, making it distinct from traditional mutual funds that seek to mirror the index’s performance over longer periods. Managed by Guggenheim Funds Distributors, the fund employs strategies involving growth and value stocks of large-cap companies included in the S&P 500, utilizing leverage to achieve its stated objective. The fund typically appeals to active traders and market participants seeking magnified daily exposure to U.S. large-cap equities, rather than buy-and-hold investors. It is categorized as a trading—leveraged equity fund and uses annual distribution for income and capital gains. With a notably higher expense ratio compared to standard index funds, it provides a specialized tool for sophisticated market strategies, short-term tactical allocations, or hedging purposes within the broader financial market ecosystem.
Performance
RYTTX had a total return of 17.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.62%.
Top 10 Holdings
40.12% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills | B.0 06.05.25 | 10.90% |
| Apple Inc. | AAPL | 5.85% |
| Microsoft Corporation | MSFT | 4.89% |
| NVIDIA Corporation | NVDA | 4.65% |
| Amazon.com, Inc. | AMZN | 3.14% |
| United States Treasury Bills | B.0 06.12.25 | 2.75% |
| J.P. Morgan Securities Llc | n/a | 2.23% |
| Meta Platforms, Inc. | META | 2.21% |
| United States Treasury Bills 4.08% | B.0 04.08.25 | 1.79% |
| Berkshire Hathaway Inc. | BRK.B | 1.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $17.62172 | Dec 12, 2024 |
| Dec 12, 2023 | $0.34008 | Dec 12, 2023 |
| Dec 15, 2021 | $5.87989 | Dec 15, 2021 |
| Dec 16, 2020 | $1.21534 | Dec 16, 2020 |
| Dec 17, 2019 | $2.6931 | Dec 17, 2019 |
| Dec 19, 2017 | $6.33408 | Dec 19, 2017 |