Rydex Dow 2x Strategy Fund (RYCYX)
The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform similarly to the securities of companies in the underlying index. The fund is non-diversified.
Fund Info
ISIN | US78355Y1029 |
---|---|
CUSIP | 78355Y102 |
Issuer | Rydex Funds |
Inception Date | Feb 19, 2004 |
Category | Leveraged Equities, Leveraged |
Min. Investment | $2,500 |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
RYCYX has a high expense ratio of 2.61%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: RYCYX vs. QQQ, RYCYX vs. RYLD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Rydex Dow 2x Strategy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Rydex Dow 2x Strategy Fund had a return of 7.58% year-to-date (YTD) and 33.06% in the last 12 months. Over the past 10 years, Rydex Dow 2x Strategy Fund had an annualized return of 15.27%, outperforming the S&P 500 benchmark which had an annualized return of 10.84%.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 7.58% | 10.00% |
1 month | 7.74% | 2.41% |
6 months | 25.33% | 16.70% |
1 year | 33.06% | 26.85% |
5 years (annualized) | 12.24% | 12.81% |
10 years (annualized) | 15.27% | 10.84% |
Monthly Returns
The table below presents the monthly returns of RYCYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 1.80% | 4.23% | 3.67% | -10.36% | 7.58% | ||||||||
2023 | 5.13% | -8.41% | 3.25% | 4.49% | -6.98% | 8.62% | 6.24% | -4.76% | -7.45% | -3.33% | 18.16% | 9.21% | 22.59% |
2022 | -6.59% | -6.95% | 4.40% | -10.00% | -0.15% | -13.42% | 13.38% | -7.97% | -17.49% | 28.87% | 11.37% | -8.81% | -20.44% |
2021 | -4.26% | 6.57% | 13.49% | 5.25% | 4.06% | -0.34% | 2.26% | 2.65% | -8.59% | 11.80% | -7.26% | 10.89% | 39.43% |
2020 | -2.36% | -19.32% | -31.96% | 21.56% | 8.58% | 2.30% | 4.55% | 16.01% | -4.90% | -8.99% | 25.04% | 6.52% | 1.17% |
2019 | 14.23% | 7.66% | -0.23% | 4.84% | -12.88% | 14.54% | 1.70% | -3.53% | 3.68% | 0.57% | 7.91% | 3.30% | 46.39% |
2018 | 11.56% | -8.72% | -7.82% | 0.01% | 2.27% | -1.48% | 9.34% | 4.60% | 3.55% | -10.55% | 3.39% | -17.43% | -14.47% |
2017 | 0.90% | 10.26% | -1.64% | 2.54% | 1.02% | 3.08% | 5.03% | 0.90% | 3.96% | 8.73% | 8.18% | 3.46% | 56.68% |
2016 | -11.14% | 0.98% | 14.53% | 0.89% | 0.56% | 1.48% | 5.63% | 0.22% | -1.29% | -1.87% | 11.64% | 6.62% | 29.13% |
2015 | -7.56% | 12.02% | -4.17% | 0.54% | 2.35% | -4.48% | 0.70% | -12.70% | -3.38% | 17.39% | 1.05% | -3.80% | -5.46% |
2014 | -10.48% | 8.49% | 1.52% | 1.37% | 2.07% | 1.18% | -3.24% | 6.97% | -0.83% | 3.65% | 5.58% | -0.32% | 15.57% |
2013 | 14.68% | 3.10% | 7.39% | 3.44% | 4.13% | -3.05% | 8.21% | -8.40% | 4.28% | 5.34% | 7.37% | 6.08% | 64.44% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RYCYX is 60, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
RYCYX (Rydex Dow 2x Strategy Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Rydex Dow 2x Strategy Fund (RYCYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Rydex Dow 2x Strategy Fund granted a 0.45% dividend yield in the last twelve months. The annual payout for that period amounted to $0.58 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.58 | $0.58 | $2.52 | $6.07 | $0.00 | $3.61 | $0.00 | $4.70 | $0.35 | $3.05 |
Dividend yield | 0.45% | 0.48% | 2.55% | 4.76% | 0.00% | 3.81% | 0.00% | 5.98% | 0.65% | 7.34% |
Monthly Dividends
The table displays the monthly dividend distributions for Rydex Dow 2x Strategy 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.58 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.52 | $2.52 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.07 | $6.07 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.61 | $3.61 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.70 | $4.70 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
2015 | $3.05 | $3.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Rydex Dow 2x Strategy 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 Dow 2x Strategy Fund was 82.36%, occurring on Mar 9, 2009. Recovery took 1186 trading sessions.
The current Rydex Dow 2x Strategy Fund drawdown is 2.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-82.36% | Oct 10, 2007 | 354 | Mar 9, 2009 | 1186 | Nov 21, 2013 | 1540 |
-63.19% | Feb 13, 2020 | 27 | Mar 23, 2020 | 227 | Feb 16, 2021 | 254 |
-40.72% | Jan 5, 2022 | 186 | Sep 30, 2022 | 349 | Feb 22, 2024 | 535 |
-35.25% | Jan 29, 2018 | 229 | Dec 24, 2018 | 137 | Jul 12, 2019 | 366 |
-27.7% | May 20, 2015 | 185 | Feb 11, 2016 | 106 | Jul 14, 2016 | 291 |
Volatility
Volatility Chart
The current Rydex Dow 2x Strategy Fund volatility is 5.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.