- ISIN
- US7835548436
- CUSIP
- 783554843
- Issuer
- Rydex Funds
- Inception Date
- Mar 31, 1998
- Category
- Energy Equities
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
RYBIX Performance Chart
Rydex Basic Materials Fund (RYBIX) is up 6.7% since the beginning of the year. RYBIX is currently trading at $96 per share. Investors who bought $1,000 worth of RYBIX shares 5 years ago would now be looking at an investment worth $1,454.
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Returns By Period
Rydex Basic Materials Fund (RYBIX) has returned 6.72% so far this year and 30.26% over the past 12 months. Over the last ten years, RYBIX has returned 9.97% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Rydex Basic Materials Fund
- 1D
- 1.64%
- 1M
- -2.26%
- 6M
- -2.96%
- YTD
- 6.72%
- 1Y
- 30.26%
- 3Y*
- 11.63%
- 5Y*
- 7.77%
- 10Y*
- 9.97%
- ALL TIME*
- 6.88%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
RYBIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 4, 1999, RYBIX's average daily return is +0.04%, while the average monthly return is +0.76%. At this rate, an investment would double in approximately 7.6 years.
Historically, 55% of months were positive and 45% were negative. The best month was Apr 1999 with a return of +24.1%, while the worst month was Oct 2008 at -27.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, RYBIX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +13.1%, while the worst single day was Oct 15, 2008 at -13.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.98% | 12.54% | -11.44% | 2.51% | 2.35% | -6.60% | -0.64% | 6.72% | |||||
| 2025 | 5.91% | -0.74% | -0.67% | -0.78% | 2.71% | 3.56% | 0.15% | 9.48% | 3.80% | -3.30% | 6.73% | 3.12% | 33.49% |
| 2024 | -4.71% | 2.55% | 7.38% | -3.55% | 5.03% | -5.54% | 6.16% | -0.50% | 3.95% | -1.70% | 1.51% | -11.01% | -2.10% |
| 2023 | 11.65% | -3.73% | -2.42% | -0.83% | -7.75% | 8.69% | 5.25% | -4.95% | -5.19% | -4.22% | 8.88% | 6.14% | 9.49% |
| 2022 | -5.59% | 4.00% | 6.18% | -4.61% | 1.22% | -15.26% | 7.27% | -2.43% | -11.19% | 8.68% | 11.49% | -5.41% | -9.14% |
| 2021 | -1.81% | 4.60% | 7.33% | 5.56% | 6.21% | -5.24% | 0.59% | 0.69% | -7.00% | 6.27% | -1.26% | 6.61% | 23.42% |
Benchmark Metrics
Rydex Basic Materials Fund has an annualized alpha of 1.26%, beta of 1.02, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since January 04, 1999.
- This fund captured 110.77% of S&P 500 Index gains and 108.76% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.02 and R2 of 0.61, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.26%
- Beta
- 1.02
- R²
- 0.61
- Upside Capture
- 110.77%
- Downside Capture
- 108.76%
Expense Ratio
RYBIX has a high expense ratio of 1.36%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
RYBIX ranks 29 for risk / return — above 29% of mutual funds peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Rydex Basic Materials Fund (RYBIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RYBIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.25 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | 2.00 | -0.53 |
| Martin ratioReturn relative to average drawdown | 3.70 | 8.49 | -4.79 |
Dividends
Dividend History
Rydex Basic Materials Fund provided a 7.88% dividend yield over the last twelve months, with an annual payout of $7.52 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $7.52 | $7.52 | $8.58 | $1.75 | $1.29 | $1.63 | $1.57 | $2.66 | $0.82 | $0.25 | $0.57 | $0.87 |
Dividend yield | 7.88% | 8.41% | 11.79% | 2.12% | 1.68% | 1.89% | 2.20% | 4.42% | 1.59% | 0.40% | 1.08% | 2.16% |
Monthly Dividends
The table displays the monthly dividend distributions for Rydex Basic Materials Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $7.52 | $7.52 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.58 | $8.58 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.75 | $1.75 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.29 | $1.29 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.63 | $1.63 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Rydex Basic Materials Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Rydex Basic Materials Fund was 65.66%, occurring on Nov 20, 2008. Recovery took 561 trading sessions.
The current Rydex Basic Materials Fund drawdown is 13.77%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-65.66%Nov 2008 | 6mo 5d | 2y 2mo | 2y 9moMay 2008 - Feb 2011 | Financial crisis2007–2009 |
-45.55%Mar 2003 | 3y 10mo | 1y 8mo | 5y 6moMay 1999 - Nov 2004 | — |
-43.19%Mar 2020 | 2y 1mo | 5mo 26d | 2y 7moJan 2018 - Sep 2020 | COVID crash2020 |
-37.87%Jan 2016 | 4y 9mo | 12mo 4d | 5y 9moApr 2011 - Jan 2017 | — |
-27.06%Sep 2022 | 5mo 8d | 1y 7mo | 2y 27dApr 2022 - May 2024 | Bear market2022 |
Drawdown Indicators
| RYBIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.66% | -56.78% | -8.88% |
Max Drawdown (1Y)Largest decline over 1 year | -18.86% | -9.10% | -9.76% |
Max Drawdown (3Y)Largest decline over 3 years | -21.29% | -18.90% | -2.39% |
Max Drawdown (5Y)Largest decline over 5 years | -27.06% | -25.43% | -1.63% |
Max Drawdown (10Y)Largest decline over 10 years | -43.19% | -33.92% | -9.27% |
Current DrawdownCurrent decline from peak | -13.77% | -1.58% | -12.19% |
Average DrawdownAverage peak-to-trough decline | -14.19% | -10.70% | -3.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.50% | 2.14% | +5.36% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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