About RYVYX
Rydex NASDAQ-100 2x Strategy Fund Class H is a leveraged mutual fund designed to deliver twice the daily performance of the NASDAQ-100 Index before fees and expenses. By employing financial derivatives and other investment techniques, the fund seeks to amplify the returns of this prominent technology-heavy index, making it a tool for investors with a specific focus on short-term tactical market positioning. The portfolio typically features exposure to leading technology companies such as Apple, Microsoft, NVIDIA, Amazon, and Meta Platforms, as well as cash equivalents and U.S. Treasury Bills to manage liquidity and leverage effects.
Classified within the trading—leveraged equity category, the fund is distinguished by its high turnover rate and focus on large growth stocks, reflecting the composition of the NASDAQ-100. Managed by Security Investors, LLC and distributed by Guggenheim Funds Distributors, LLC, the fund is utilized primarily by active traders and institutions seeking magnified exposure to the tech sector for strategic purposes. It is not designed for long-term, buy-and-hold investors, as the compounding of daily leveraged returns can lead to performance deviations from the targeted multiple over extended periods.
Fund Family Rydex Funds
Category Trading--Leveraged Equity
Performance Rating Below Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol RYVYX
Share Class H
Index NASDAQ 100 TR
RYVYX had a total return of 35.36% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.44%.
