Rydex Inverse NASDAQ-100® 2x Strategy Fund Class H (RYVNX)
| Fund Assets | 12.93M |
| Expense Ratio | 1.77% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 7.79 |
| Dividend Yield | 7.86% |
| Dividend Growth | -18.41% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 98.30 |
| YTD Return | -23.86% |
| 1-Year Return | -32.63% |
| 5-Year Return | -87.49% |
| 52-Week Low | 98.11 |
| 52-Week High | 189.95 |
| Beta (5Y) | 0.92 |
| Holdings | 14 |
| Inception Date | May 23, 2000 |
About RYVNX
The Rydex Inverse NASDAQ-100 2x Strategy Fund H Class is a specialized mutual fund designed for investors seeking exposure to the inverse, leveraged daily performance of the NASDAQ-100 Index. Its primary objective is to deliver, before fees and expenses, returns that are twice the opposite (-200%) of the NASDAQ-100’s daily performance, making it a tool for those wanting to profit from short-term declines in the large-cap growth technology sector that dominates the underlying index. The fund accomplishes this through a combination of short positions, derivatives, and cash holdings, with a portfolio often concentrated in cash and equivalents, U.S. government securities, and short index or derivative contracts. Managed by a team at Guggenheim, it carries an expense ratio around 1.77% and distributes income annually. This fund is intended for active traders and institutional participants employing hedging or tactical, short-term strategies, given its leverage and daily reset characteristics. Its role in the financial market is to provide a way to hedge or take directional views on U.S. technology and growth equities in volatile or declining market environments.
Performance
RYVNX had a total return of -32.63% in the past year, including dividends. Since the fund's inception, the average annual return has been -31.09%.
Top 10 Holdings
106.58% of assets| Name | Symbol | Weight |
|---|---|---|
| J.P. Morgan Securities Llc | n/a | 35.09% |
| Bofa Securities, Inc. | n/a | 26.89% |
| United States Treasury Bills | B.0 06.12.25 | 13.66% |
| United States Treasury Bills 4.23% | B.0 04.24.25 | 8.30% |
| United States Treasury Bills 4.22% | B.0 04.01.25 | 6.24% |
| United States Treasury Bills 4.22% | B.0 05.06.25 | 5.70% |
| Federal Home Loan Banks 4.355% | FHLB.F 05.07.25 0000 | 5.20% |
| Nasdaq-100 Index | n/a | 2.67% |
| Nasdaq-100 Index | n/a | 1.57% |
| United States Treasury Bills 4.08% | B.0 04.08.25 | 1.26% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $7.78712 | Dec 12, 2024 |
| Dec 12, 2023 | $9.54455 | Dec 12, 2023 |
| Dec 16, 2020 | $1.41436 | Dec 16, 2020 |
| Dec 17, 2019 | $0.0521 | Dec 17, 2019 |
| Dec 8, 2008 | $47.12407 | Dec 8, 2008 |
| Dec 7, 2007 | $311.55644 | Dec 7, 2007 |