Rydex Dow 2x Strategy Fund (RYCYX)

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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.

Rydex Dow 2x Strategy Fund (RYCYX) has returned -12.73% so far this year and 7.95% over the past 12 months. Looking at the last ten years, RYCYX has achieved an annualized return of 15.27%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Jan 3, 2005, RYCYX's average daily return is +0.06%, while the average monthly return is +1.18%. At this rate, your investment would double in approximately 4.9 years.

Historically, 61% of months were positive and 39% were negative. The best month was Oct 2022 with a return of +28.9%, while the worst month was Mar 2020 at -32.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, RYCYX closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +22.6%, while the worst single day was Mar 16, 2020 at -25.7%.

Rydex Dow 2x Strategy Fund has an annualized alpha of -1.39%, beta of 1.82, and R² of 0.93 versus S&P 500 Index. Calculated based on daily prices since January 04, 2005.

• This fund captured 208.72% of S&P 500 Index gains and 165.82% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• Beta of 1.82 means this fund moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.

RYCYX has a high expense ratio of 2.61%, indicating above-average management fees.

RYCYX ranks 12 for risk / return — in the bottom 12% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Rydex Dow 2x Strategy Fund (RYCYX) and compare them to a chosen benchmark (S&P 500 Index).

Rydex Dow 2x Strategy Fund provided a 2.06% dividend yield over the last twelve months, with an annual payout of $2.91 per share.

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.

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.

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 1187 trading sessions.

The current Rydex Dow 2x Strategy Fund drawdown is 19.32%.

The chart below shows the rolling one-month volatility.