Rydex Weakening Dollar 2x Strategy C (RYWJX)
| Fund Assets | 1.33M |
| Expense Ratio | 2.46% |
| Min. Investment | $2,500 |
| Turnover | 48.00% |
| Dividend (ttm) | 5.54 |
| Dividend Yield | 4.51% |
| Dividend Growth | 277.38% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 122.91 |
| YTD Return | 18.21% |
| 1-Year Return | 2.51% |
| 5-Year Return | -24.83% |
| 52-Week Low | 100.38 |
| 52-Week High | 127.47 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | May 25, 2005 |
About RYWJX
Rydex Weakening Dollar 2x Strategy Fund is a leveraged mutual fund designed to provide double (2x) the inverse daily performance of the U.S. Dollar Index. Its primary objective is to benefit from declines in the value of the U.S. dollar relative to a basket of major foreign currencies, offering investors an amplified exposure to currency movements. The fund typically achieves this leverage by investing in instruments such as U.S. dollar futures and related derivatives, seeking to deliver twice the opposite of the index’s daily return. This structure appeals mainly to active traders and institutional participants aiming to tactically hedge or express a bearish view on the U.S. dollar. Because the leverage resets daily, the fund’s performance over periods longer than one day can diverge significantly from minus two times the index’s cumulative return, particularly in volatile markets. Its role in the financial market centers on providing a sophisticated vehicle for currency speculation, hedging, and risk management, while being unsuitable for long-term buy-and-hold investors due to its compounding and path dependency features.
Performance
RYWJX had a total return of 2.51% in the past year, including dividends. Since the fund's inception, the average annual return has been -5.28%.
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 |