Rydex Weakening Dollar 2x Strategy A (RYWDX)
| Fund Assets | 1.33M |
| Expense Ratio | 1.83% |
| Min. Investment | $2,500 |
| Turnover | 48.00% |
| Dividend (ttm) | 5.54 |
| Dividend Yield | 3.58% |
| Dividend Growth | 277.38% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 147.25 |
| YTD Return | 19.86% |
| 1-Year Return | 6.35% |
| 5-Year Return | -21.84% |
| 52-Week Low | 119.31 |
| 52-Week High | 151.91 |
| Beta (5Y) | 0.42 |
| Holdings | 6 |
| Inception Date | May 25, 2005 |
About RYWDX
Rydex Weakening Dollar 2x Strategy Fund Class A is a mutual fund designed to deliver daily investment results that correspond to 200% of the inverse performance of the U.S. Dollar Index, before fees and expenses. Its primary objective is to capitalize on declines in the value of the U.S. dollar against a basket of major foreign currencies. By employing leveraged and inverse strategies, the fund seeks to amplify the impact of daily moves in the U.S. Dollar Index, making it a specialized vehicle for tactical asset allocation and short-term trading. The fund utilizes instruments such as short sales and derivatives to achieve its exposure, and is actively managed by a team at Guggenheim Investments. This type of fund is typically used by sophisticated investors as a tool for hedging currency risk or expressing a bearish view on the dollar. It falls into the trading–miscellaneous category, reflecting its focus on nontraditional beta and alternative strategies. The fund is not intended for long-term buy-and-hold investors, as the leveraged inverse approach can lead to returns that diverge significantly from the target multiple over extended periods due to daily compounding effects.
Performance
RYWDX had a total return of 6.35% in the past year, including dividends. Since the fund's inception, the average annual return has been -4.47%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| J.P. Morgan Securities Llc | n/a | 55.46% |
| Bofa Securities, Inc. | n/a | 42.50% |
| United States Treasury Bills 4.08% | B.0 04.08.25 | 3.23% |
| Other Assets & Liabilities | n/a | 0.36% |
| U.S. Dollar Index | n/a | -0.27% |
| US Dollar Index Future June 25 | n/a | -1.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $5.54041 | Dec 12, 2024 |
| Dec 12, 2023 | $1.46812 | Dec 12, 2023 |
| Dec 10, 2020 | $0.35633 | Dec 10, 2020 |
| Dec 11, 2019 | $0.61885 | Dec 11, 2019 |
| Dec 2, 2008 | $72.93784 | Dec 2, 2008 |
| Dec 6, 2007 | $86.07064 | Dec 6, 2007 |