Rydex Inverse NASDAQ-100® 2x Strategy Fund Class A (RYVTX)
| Fund Assets | 12.93M |
| Expense Ratio | 1.75% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 7.79 |
| Dividend Yield | 7.36% |
| Dividend Growth | -18.41% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 101.82 |
| YTD Return | -22.35% |
| 1-Year Return | -26.66% |
| 5-Year Return | -87.55% |
| 52-Week Low | 100.32 |
| 52-Week High | 189.82 |
| Beta (5Y) | n/a |
| Holdings | 14 |
| Inception Date | Sep 1, 2004 |
About RYVTX
Rydex Inverse NASDAQ-100 2x Strategy Fund Class A is an inverse leveraged mutual fund designed to provide investment results that correspond to 200% of the inverse (opposite) of the daily performance of the NASDAQ-100 Index, before fees and expenses. This means the fund is structured to gain value when the NASDAQ-100 Index declines, and to do so with twice the magnitude on a daily basis. Its portfolio is constructed primarily using derivatives, cash instruments, and U.S. Treasury securities to achieve its targeted exposure, rather than directly holding the stocks in the index. The fund mainly impacts the technology sector as the NASDAQ-100 is heavily weighted toward major U.S. technology companies. Managed by Security Investors, LLC and distributed by Guggenheim Funds Distributors, LLC, the fund appeals to market participants seeking tactical tools for hedging or speculative strategies involving short-term movements in technology-focused equity markets. Due to its leveraged and inverse nature, it plays a distinctive role in the financial markets by allowing for directional bets against major growth stocks and indices on a daily reset basis, rather than serving as a long-term investment vehicle.
Performance
RYVTX had a total return of -26.66% in the past year, including dividends. Since the fund's inception, the average annual return has been -32.40%.
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 | $6.732 | Dec 8, 2008 |
| Dec 7, 2007 | $44.50802 | Dec 7, 2007 |