Mutual Funds - Profile

Rydex Inverse S&P 500 Strategy Fund

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Rank

Universe Rank

Summary

The fund seeks to provide investment results that match, before fees and expenses, the inverse of the daily performance of the benchmark index by investing in companies in the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team seeks to engage in short sales of securities included in the underlying index and investing to a significant extent in derivative instruments, which primarily consist of equity index swaps and More

Price

  • Last Close
  • $27.99
    -0.05
  • 52 Week HL
  • $39.17 - $27.26
  • Net Assets
  • $46.46 M
  • Expense Ratio

Portfolio

  • Holdings
  • -
  • Turnover Ratio
  • -

Manager

  • Name
  • Michael P. Byrum
  • Leadership
  • Single Manager
  • Tenure
  • 2003
  • Advisor

Documents

  • Annual Reports
  • 2020

Performance
-16.6 % YTD

  • 3 Year
  • -52.43%
  • 5 Year
  • 131.5%
  • Best
  • 425.21%
    2016
  • Worst
  • -84.09%
    2015

Returns +
A

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
RYARX 0%16%29%-6%19%8%-1%14%29%13%0%
S&P 500 21%16%29%-6%19%10%-1%11%30%13%0%

Returns +
Q

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Q1 -6.6% 15.4% -11.7% 0.2% -5.7% -2.3% -83.6% -2.4% -11.6% -11.7% -
Q2 -8.3% -19.2% -2.4% -5.2% -3% -2.8% -0.7% -5.5% -4.1% 2.6% -
Q3 -5.9% -9% -0.7% -6.4% -4.1% -4.1% 5.4% -1.6% -5.1% -6.3% -
Q4 -0.5% -12.1% -8.8% 15.3% -5.6% 476.4% -7.5% -5.5% -10% 1.6% -

Returns +
M

J F M A M J J A S O N D
2021 0.8% -2.9% -4.6% -5.2% -0.9% -2.4% -2.6% -3.1% -0.4% 3.5% - -
2020 0.3% 8.6% 6% -12.7% -4.5% -3.2% -5.5% -6.8% 3.4% 2.2% -10.2% -4.3%

Annual Return

Index Comparison

Alpha

NAV