Rydex Government Long Bond 1.2x Strategy Fund (RYGBX)
The investment seeks to provide investment results that correspond, before fees and expenses, to 120% of the daily price movement of the Long Treasury Bond for U.S. government securities on a daily basis. The fund employs as its investment strategy a program of investing in U.S. government securities and derivative instruments, which primarily consist of futures contracts, interest rate swaps, and options on securities and futures contracts. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in fixed income securities issued by the U.S. government (and derivatives thereof).
Fund Info
US7835545044
783554504
Jan 2, 1994
$2,500
Expense Ratio
RYGBX has a high expense ratio of 0.99%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Rydex Government Long Bond 1.2x Strategy Fund (RYGBX) returned 1.14% year-to-date (YTD) and 2.72% over the past 12 months. Over the past 10 years, RYGBX returned -4.04% annually, underperforming the S&P 500 benchmark at 10.85%.
RYGBX
1.14%
-4.54%
-6.13%
2.72%
-7.53%
-18.96%
-4.04%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of RYGBX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.07% | 6.48% | -1.87% | -1.61% | -4.54% | 1.14% | |||||||
| 2024 | -3.02% | -2.51% | 1.23% | -8.07% | 3.68% | 2.33% | 4.55% | 2.73% | 2.32% | -6.55% | 2.49% | -7.19% | -8.80% |
| 2023 | 7.89% | -5.65% | 5.88% | 0.34% | -3.43% | 0.31% | -3.02% | -3.88% | -9.05% | -6.59% | 12.01% | 10.75% | 2.91% |
| 2022 | -5.95% | -2.05% | -6.92% | -12.54% | -2.95% | -1.90% | 3.22% | -5.54% | -10.47% | -8.08% | 8.61% | -2.57% | -39.37% |
| 2021 | -5.39% | -7.77% | -7.26% | 3.31% | 0.50% | 5.47% | 5.02% | -0.35% | -4.03% | 3.96% | 3.77% | -2.48% | -6.37% |
| 2020 | 10.26% | 9.54% | 8.84% | 1.51% | -3.06% | 0.32% | 6.77% | -7.97% | 0.96% | -5.40% | 2.44% | -32.74% | -16.08% |
| 2019 | 0.73% | -1.74% | 7.25% | -2.61% | 9.40% | 1.14% | 0.31% | 15.34% | -3.78% | -1.64% | -0.51% | -0.89% | 23.52% |
| 2018 | -4.65% | -4.04% | 4.14% | -3.02% | 2.58% | 0.98% | -1.78% | 1.73% | -3.70% | -3.93% | 2.26% | 7.12% | -3.08% |
| 2017 | 0.43% | 2.18% | -0.95% | 1.95% | 2.37% | 1.22% | -1.00% | 4.46% | -3.04% | -0.14% | 1.07% | 2.70% | 11.61% |
| 2016 | 7.11% | 3.91% | -0.03% | -0.86% | 1.12% | 9.41% | 3.15% | -1.23% | -1.98% | -6.25% | -7.29% | 0.05% | 6.01% |
| 2015 | 13.21% | -7.95% | 1.54% | -4.67% | -3.47% | -5.17% | 5.79% | -0.95% | 2.34% | -0.82% | -1.13% | 0.25% | -2.64% |
| 2014 | 7.97% | 0.82% | 1.32% | 2.58% | 3.87% | -0.12% | 1.05% | 6.30% | -2.66% | 3.70% | 4.01% | 4.17% | 37.88% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RYGBX is 15, meaning it’s performing worse than 85% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Rydex Government Long Bond 1.2x Strategy Fund (RYGBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Rydex Government Long Bond 1.2x Strategy Fund provided a 4.38% dividend yield over the last twelve months, with an annual payout of $4.39 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.39 | $5.35 | $5.59 | $4.32 | $2.78 | $218.27 | $16.21 | $7.35 | $6.57 | $28.11 | $10.88 | $6.36 |
Dividend yield | 4.38% | 5.19% | 4.60% | 3.42% | 1.28% | 92.76% | 5.73% | 2.91% | 2.42% | 11.23% | 4.14% | 2.26% |
Monthly Dividends
The table displays the monthly dividend distributions for Rydex Government Long Bond 1.2x 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.33 | $0.12 | $0.30 | $0.31 | $0.00 | $1.06 | |||||||
| 2024 | $0.33 | $0.65 | $0.69 | $0.34 | $0.37 | $0.31 | $0.34 | $0.71 | $0.30 | $0.33 | $0.33 | $0.66 | $5.35 |
| 2023 | $0.64 | $0.30 | $0.35 | $0.59 | $0.32 | $0.69 | $0.31 | $0.35 | $0.69 | $0.33 | $0.66 | $0.36 | $5.59 |
| 2022 | $0.15 | $0.32 | $0.38 | $0.22 | $0.23 | $0.48 | $0.51 | $0.52 | $0.30 | $0.57 | $0.30 | $0.33 | $4.32 |
| 2021 | $0.22 | $0.26 | $0.32 | $0.37 | $0.16 | $0.23 | $0.16 | $0.30 | $0.30 | $0.15 | $0.14 | $0.17 | $2.78 |
| 2020 | $0.60 | $0.22 | $0.37 | $0.19 | $0.15 | $0.18 | $0.17 | $0.07 | $0.08 | $0.09 | $0.13 | $216.02 | $218.27 |
| 2019 | $0.79 | $0.36 | $0.40 | $0.80 | $0.43 | $0.72 | $0.38 | $0.68 | $0.53 | $0.27 | $0.57 | $10.28 | $16.21 |
| 2018 | $0.60 | $0.68 | $0.84 | $0.38 | $0.78 | $0.40 | $0.37 | $0.91 | $0.73 | $0.41 | $0.85 | $0.41 | $7.35 |
| 2017 | $0.62 | $0.61 | $0.72 | $0.58 | $0.73 | $0.76 | $0.69 | $0.37 | $0.31 | $0.24 | $0.57 | $0.37 | $6.57 |
| 2016 | $0.53 | $0.64 | $0.56 | $0.61 | $0.57 | $0.61 | $0.58 | $0.59 | $0.58 | $0.48 | $21.78 | $0.58 | $28.11 |
| 2015 | $0.59 | $0.70 | $0.45 | $0.41 | $0.53 | $0.79 | $0.82 | $0.70 | $0.71 | $0.66 | $0.56 | $3.96 | $10.88 |
| 2014 | $0.60 | $0.39 | $0.60 | $0.41 | $0.62 | $0.55 | $0.49 | $0.77 | $0.48 | $0.45 | $0.44 | $0.56 | $6.36 |
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 Government Long Bond 1.2x 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 Government Long Bond 1.2x Strategy Fund was 94.16%, occurring on Jul 3, 2006. Recovery took 101 trading sessions.
The current Rydex Government Long Bond 1.2x Strategy Fund drawdown is 68.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -94.16% | Jul 1, 2005 | 253 | Jul 3, 2006 | 101 | Nov 24, 2006 | 354 |
| -93.98% | Oct 6, 1998 | 451 | Jul 3, 2000 | 114 | Dec 13, 2000 | 565 |
| -93.81% | Dec 5, 2006 | 144 | Jul 3, 2007 | 44 | Sep 5, 2007 | 188 |
| -93.64% | Mar 23, 2001 | 71 | Jul 3, 2001 | 31 | Aug 16, 2001 | 102 |
| -72.53% | Mar 10, 2020 | 911 | Oct 19, 2023 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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