- ISIN
- US7835546299
- CUSIP
- 783554629
- Issuer
- Rydex Funds
- Inception Date
- Apr 13, 1998
- Category
- Technology Equities
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
RYTIX Performance Chart
Rydex Technology Fund (RYTIX) is up 33.7% since the beginning of the year. RYTIX is currently trading at $344 per share. Investors who bought $1,000 worth of RYTIX shares 5 years ago would now be looking at an investment worth $2,309.
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Returns By Period
Rydex Technology Fund (RYTIX) has returned 33.67% so far this year and 61.38% over the past 12 months. Looking at the last ten years, RYTIX has achieved an annualized return of 22.87%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
Rydex Technology Fund
- 1D
- 2.49%
- 1M
- 5.36%
- YTD
- 33.67%
- 6M
- 31.11%
- 1Y
- 61.38%
- 3Y*
- 34.85%
- 5Y*
- 18.22%
- 10Y*
- 22.87%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
RYTIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 4, 1999, RYTIX's average daily return is +0.05%, while the average monthly return is +0.98%. At this rate, an investment would double in approximately 5.9 years.
Historically, 57% of months were positive and 43% were negative. The best month was Oct 2002 with a return of +23.2%, while the worst month was Feb 2001 at -24.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.
On a daily basis, RYTIX closed higher 54% of trading days. The best single day was Jan 3, 2001 with a return of +16.0%, while the worst single day was Mar 16, 2020 at -13.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.94% | -3.09% | -4.52% | 20.30% | 19.66% | -0.58% | 33.67% | ||||||
| 2025 | 3.82% | -4.73% | -9.37% | 2.14% | 10.35% | 9.43% | 2.93% | 1.56% | 8.65% | 5.74% | -4.51% | -0.25% | 26.48% |
| 2024 | 2.13% | 6.82% | 1.95% | -5.55% | 4.82% | 6.52% | -2.62% | 0.87% | 2.65% | -0.96% | 7.78% | 2.97% | 30.01% |
| 2023 | 11.73% | -1.15% | 8.31% | -4.34% | 10.71% | 5.73% | 4.74% | -3.05% | -5.51% | -3.85% | 13.29% | 6.84% | 49.59% |
| 2022 | -10.08% | -4.49% | 0.93% | -13.08% | -2.36% | -10.06% | 11.87% | -4.99% | -11.54% | 4.76% | 5.95% | -7.56% | -36.18% |
| 2021 | -0.57% | 4.47% | -0.86% | 4.66% | -0.72% | 6.54% | 1.61% | 2.95% | -5.55% | 6.94% | 0.13% | 0.27% | 20.94% |
Benchmark Metrics
Rydex Technology Fund has an annualized alpha of 1.75%, beta of 1.26, and R2 of 0.75 versus S&P 500 Index. Calculated based on daily prices since January 04, 1999.
- This fund captured 153.18% of S&P 500 Index gains and 132.30% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- Alpha
- 1.75%
- Beta
- 1.26
- R²
- 0.75
- Upside Capture
- 153.18%
- Downside Capture
- 132.30%
Expense Ratio
RYTIX has a high expense ratio of 1.36%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
RYTIX ranks 73 for risk / return — better than 73% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Rydex Technology Fund (RYTIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RYTIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.85 | 2.78 | +1.07 |
| Martin ratioReturn relative to average drawdown | 12.89 | 12.44 | +0.45 |
Dividends
Dividend History
Rydex Technology Fund provided a 0.77% dividend yield over the last twelve months, with an annual payout of $2.65 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.65 | $2.65 | $18.51 | $4.25 | $6.11 | $14.10 | $2.80 | $1.08 | $4.53 | $1.20 |
Dividend yield | 0.77% | 1.03% | 9.00% | 2.46% | 5.17% | 7.24% | 1.62% | 0.92% | 5.39% | 1.35% |
Monthly Dividends
The table displays the monthly dividend distributions for Rydex Technology 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.65 | $2.65 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $18.51 | $18.51 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.25 | $4.25 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.11 | $6.11 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $14.10 | $14.10 |
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 Technology 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 Technology Fund was 84.00%, occurring on Oct 9, 2002. Recovery took 3880 trading sessions.
The current Rydex Technology Fund drawdown is 4.57%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -84.00%Oct 2002 | 2y 6mo | 15y 5mo | 17y 11moMar 2000 - Mar 2018 |
Bear market2022 | -42.75%Oct 2022 | 11mo 1d | 1y 4mo | 2y 3moNov 2021 - Mar 2024 |
COVID crash2020 | -31.69%Mar 2020 | 25d | 2mo 19d | 3mo 14dFeb 2020 - Jun 2020 |
2025 selloff2025 | -27.91%Apr 2025 | 1mo 18d | 2mo 17d | 4mo 5dFeb 2025 - Jun 2025 |
Rate-hike selloffLate 2018 | -23.21%Dec 2018 | 3mo 26d | 2mo 27d | 6mo 23dAug 2018 - Mar 2019 |
Drawdown Indicators
| RYTIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.00% | -56.78% | -27.22% |
Max Drawdown (1Y)Largest decline over 1 year | -15.67% | -9.10% | -6.57% |
Max Drawdown (3Y)Largest decline over 3 years | -27.91% | -18.90% | -9.01% |
Max Drawdown (5Y)Largest decline over 5 years | -42.75% | -25.43% | -17.32% |
Max Drawdown (10Y)Largest decline over 10 years | -42.75% | -33.92% | -8.83% |
Current DrawdownCurrent decline from peak | -4.57% | -1.80% | -2.77% |
Average DrawdownAverage peak-to-trough decline | -40.13% | -10.71% | -29.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.67% | 2.03% | +2.64% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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