Rydex High Yield Strategy Fund (RYHDX)
The investment seeks to provide investment results that correlate, before fees and expenses, to the performance of the high yield bond market. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments that in combination have economic characteristics similar to the U.S. and Canadian high yield bond markets and/or in high yield debt securities. It will primarily invest in credit default swaps, swaps on ETFs, and bond futures to gain exposure similar to the high yield bond market.
Fund Info
US78356A4830
78356A483
Apr 16, 2007
$2,500
Expense Ratio
RYHDX has a high expense ratio of 1.53%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Rydex High Yield 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 High Yield Strategy Fund had a return of 1.72% year-to-date (YTD) and 9.10% in the last 12 months. Over the past 10 years, Rydex High Yield Strategy Fund had an annualized return of 3.52%, while the S&P 500 had an annualized return of 11.31%, indicating that Rydex High Yield Strategy Fund did not perform as well as the benchmark.
RYHDX
1.72%
1.19%
2.08%
9.10%
1.61%
3.52%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of RYHDX, 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 | 1.29% | 1.72% | |||||||||||
| 2024 | 0.10% | -0.27% | 1.63% | -2.61% | 2.29% | 0.70% | 2.87% | 1.69% | 1.64% | -2.34% | 2.42% | -1.47% | 6.65% |
| 2023 | 4.09% | -3.03% | 2.80% | 0.80% | -0.89% | 0.84% | 1.17% | -0.35% | -1.91% | -1.50% | 6.20% | 4.36% | 12.85% |
| 2022 | -3.29% | -1.49% | -1.88% | -5.02% | 0.78% | -5.57% | 5.89% | -4.22% | -3.38% | 3.16% | 4.78% | -1.26% | -11.62% |
| 2021 | -0.96% | -0.34% | 0.69% | 1.42% | 0.45% | 0.59% | 0.14% | 0.58% | -0.95% | -0.82% | -0.96% | 1.75% | 1.56% |
| 2020 | 0.53% | -1.29% | -11.41% | 1.93% | 2.35% | -1.15% | 3.43% | 1.70% | -1.42% | -0.49% | 5.41% | 1.17% | -0.23% |
| 2019 | 3.97% | 0.34% | 1.99% | 1.16% | -1.27% | 3.82% | -0.60% | 1.29% | 0.20% | 0.87% | 0.39% | 1.19% | 14.06% |
| 2018 | -0.59% | -1.49% | 0.43% | 0.39% | 0.30% | -0.21% | 1.28% | 0.76% | 0.46% | -1.59% | 0.25% | -0.88% | -0.92% |
| 2017 | 0.58% | 1.19% | 0.41% | 1.21% | 0.56% | -0.44% | 1.24% | 0.47% | 0.08% | 0.59% | -0.51% | -0.96% | 4.48% |
| 2016 | 0.13% | 0.04% | 3.97% | 0.90% | -0.17% | 2.29% | 1.51% | -0.12% | 1.28% | -1.31% | -0.16% | 1.59% | 10.31% |
| 2015 | 1.46% | 0.42% | 0.51% | 0.29% | 0.33% | -1.42% | 0.76% | -1.68% | -1.49% | 2.90% | -1.26% | -0.74% | -0.01% |
| 2014 | -0.53% | 1.86% | -0.48% | 0.17% | 1.39% | 0.43% | -2.05% | 2.18% | -2.01% | 1.92% | 0.94% | -1.27% | 2.46% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 80, RYHDX is among the top 20% of 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 High Yield Strategy Fund (RYHDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Rydex High Yield Strategy Fund provided a 7.19% dividend yield over the last twelve months, with an annual payout of $8.70 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $8.70 | $8.70 | $4.81 | $0.36 | $0.00 | $0.00 | $5.45 | $3.97 | $8.32 | $2.34 | $4.47 |
Dividend yield | 7.19% | 7.31% | 4.02% | 0.32% | 0.00% | 0.00% | 4.41% | 3.50% | 7.03% | 1.93% | 3.99% |
Monthly Dividends
The table displays the monthly dividend distributions for Rydex High Yield 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 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.70 | $8.70 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.81 | $4.81 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2021 | $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 |
| 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 | $5.45 | $5.45 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.97 | $3.97 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.32 | $8.32 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.94 | $0.00 | $0.00 | $0.00 | $0.00 | $1.41 | $0.00 | $2.34 |
| 2015 | $4.47 | $4.47 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Rydex High Yield 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 High Yield Strategy Fund was 23.33%, occurring on Mar 9, 2009. Recovery took 195 trading sessions.
The current Rydex High Yield Strategy Fund drawdown is 0.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.33% | Dec 11, 2007 | 311 | Mar 9, 2009 | 195 | Dec 14, 2009 | 506 |
| -19.75% | Feb 13, 2020 | 27 | Mar 23, 2020 | 303 | Jun 4, 2021 | 330 |
| -19.09% | Sep 16, 2021 | 260 | Sep 27, 2022 | 376 | Mar 27, 2024 | 636 |
| -12.41% | Nov 27, 2013 | 11 | Dec 12, 2013 | 721 | Oct 24, 2016 | 732 |
| -10.35% | Jul 5, 2011 | 64 | Oct 3, 2011 | 72 | Jan 17, 2012 | 136 |
Volatility
Volatility Chart
The current Rydex High Yield Strategy Fund volatility is 1.22%, 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.