Guggenheim Long Short Equity Fund (RYISX)
The fund pursues its objective by investing, under normal market conditions, at least 80% of its assets (net assets plus the amount of borrowings for investment purposes) in long and short positions of domestic equity securities or equity-related instruments, including swaps and other derivatives that provide long or short exposure to domestic equity securities. It is non-diversified.
Fund Info
US78355E8259
78355E825
Mar 21, 2002
$2,500
Large-Cap
Blend
Expense Ratio
RYISX has a high expense ratio of 2.61%, 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 Guggenheim Long Short Equity 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
RYISX
N/A
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^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of RYISX, 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 | 7.33% | 2.99% | 3.58% | -2.90% | 2.58% | -3.11% | 3.53% | 7.73% | |||||
| 2023 | 1.90% | -0.75% | 3.52% | 0.12% | -1.15% | 4.11% | 1.00% | 0.76% | -0.98% | -1.34% | 1.24% | 2.11% | 10.86% |
| 2022 | -4.86% | -4.54% | -0.89% | -5.28% | 5.39% | -4.69% | 4.67% | -8.02% | -5.57% | 8.61% | 3.71% | -2.96% | -14.91% |
| 2021 | 1.93% | -1.11% | 9.42% | 0.48% | 0.54% | -0.48% | 2.16% | 2.70% | -6.79% | 1.71% | 3.43% | 7.74% | 22.91% |
| 2020 | -5.29% | -6.09% | -3.13% | 7.43% | 2.25% | -0.22% | 3.09% | 3.14% | -2.84% | -0.78% | 7.11% | 1.01% | 4.73% |
| 2019 | 4.60% | -0.49% | -0.35% | 0.49% | -8.05% | 5.48% | -1.01% | -3.14% | 4.29% | -0.79% | 1.31% | 3.30% | 4.96% |
| 2018 | 4.39% | -4.68% | -4.16% | -1.30% | -1.45% | -0.93% | 2.96% | -0.13% | 0.85% | -4.93% | 1.43% | -7.81% | -15.28% |
| 2017 | 0.28% | 0.35% | -1.26% | 0.99% | 0.98% | 1.67% | 2.46% | 0.07% | 1.73% | 1.05% | 2.66% | 2.21% | 13.95% |
| 2016 | -4.98% | -0.00% | 1.33% | -0.29% | 0.66% | 1.89% | 1.00% | -1.06% | -0.57% | -2.15% | 2.86% | 1.14% | -0.42% |
| 2015 | 0.99% | 1.40% | 0.76% | -3.01% | 2.04% | -0.69% | 1.74% | -3.01% | -0.77% | 1.35% | 0.00% | -0.21% | 0.42% |
| 2014 | -1.44% | 2.41% | -1.92% | -1.96% | 0.44% | 1.77% | -2.76% | 2.09% | -2.78% | 1.80% | 3.69% | 1.00% | 2.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RYISX is 11, meaning it’s performing worse than 89% 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 Guggenheim Long Short Equity Fund (RYISX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Guggenheim Long Short Equity Fund provided a 100.02% dividend yield over the last twelve months, with an annual payout of $18.81 per share.
| Period | TTM |
|---|---|
| Dividend | $18.81 |
Dividend yield | 100.02% |
Monthly Dividends
The table displays the monthly dividend distributions for Guggenheim Long Short Equity 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 | $18.81 | $18.81 |
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 Guggenheim Long Short Equity 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 Guggenheim Long Short Equity Fund was 58.12%, occurring on Mar 9, 2009. Recovery took 2234 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -58.12% | Oct 30, 2007 | 341 | Mar 9, 2009 | 2234 | Jan 22, 2018 | 2575 |
| -35.1% | Jan 29, 2018 | 541 | Mar 23, 2020 | 344 | Aug 3, 2021 | 885 |
| -30.78% | May 20, 2002 | 204 | Mar 11, 2003 | 207 | Jan 5, 2004 | 411 |
| -22.53% | Dec 30, 2021 | 190 | Sep 30, 2022 | 329 | Jan 26, 2024 | 519 |
| -19.37% | May 11, 2006 | 23 | Jun 13, 2006 | 234 | May 18, 2007 | 257 |
Volatility
Volatility Chart
The current Guggenheim Long Short Equity Fund volatility is 4.64%, 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.