Rydex Technology Fund (RYTIX)
Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Technology Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Technology Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Technology Companies and U.S. government securities.
Fund Info
US7835546299
783554629
Apr 13, 1998
$2,500
Large-Cap
Growth
Expense Ratio
RYTIX has a high expense ratio of 1.36%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Rydex Technology 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 Technology Fund had a return of 7.61% year-to-date (YTD) and 21.47% in the last 12 months. Over the past 10 years, Rydex Technology Fund had an annualized return of 13.48%, outperforming the S&P 500 benchmark which had an annualized return of 11.31%.
RYTIX
7.61%
4.34%
10.19%
21.47%
12.00%
13.48%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of RYTIX, 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 | 3.82% | 7.61% | |||||||||||
| 2024 | 2.13% | 6.82% | 1.95% | -5.55% | 4.82% | 6.52% | -2.62% | 0.87% | 2.65% | -0.96% | 7.78% | -5.51% | 19.31% |
| 2023 | 11.73% | -1.15% | 8.31% | -4.34% | 10.71% | 5.73% | 4.74% | -3.05% | -5.51% | -3.85% | 13.29% | 4.15% | 45.82% |
| 2022 | -10.08% | -4.49% | 0.93% | -13.08% | -2.36% | -10.06% | 11.87% | -4.99% | -11.54% | 4.76% | 5.95% | -12.10% | -39.31% |
| 2021 | -0.57% | 4.47% | -0.86% | 4.66% | -0.72% | 6.54% | 1.61% | 2.95% | -5.55% | 6.94% | 0.13% | -6.41% | 12.88% |
| 2020 | 2.65% | -6.22% | -11.09% | 15.01% | 9.41% | 5.46% | 6.26% | 7.83% | -3.23% | -1.40% | 14.05% | 4.07% | 47.37% |
| 2019 | 10.87% | 6.36% | 2.79% | 6.44% | -9.41% | 7.82% | 3.30% | -3.06% | 0.22% | 2.34% | 5.19% | 2.44% | 39.46% |
| 2018 | 8.46% | -0.15% | -2.10% | -0.94% | 5.82% | -0.43% | 1.37% | 6.42% | -0.66% | -10.23% | 0.77% | -12.29% | -5.92% |
| 2017 | 4.75% | 4.40% | 1.49% | 1.71% | 4.94% | -1.78% | 4.13% | 2.09% | 1.64% | 5.42% | 0.59% | -1.52% | 31.29% |
| 2016 | -8.71% | 0.32% | 8.38% | -2.63% | 4.70% | -2.04% | 7.10% | 2.76% | 2.51% | -1.96% | 1.68% | -0.01% | 11.46% |
| 2015 | -3.80% | 7.75% | -1.92% | 1.57% | 2.51% | -3.42% | 0.08% | -6.65% | -1.88% | 9.02% | 1.58% | -2.43% | 1.25% |
| 2014 | -0.77% | 5.50% | -2.48% | -4.29% | 2.73% | 4.93% | -1.56% | 5.06% | -2.63% | 1.53% | 3.58% | -1.38% | 10.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RYTIX is 47, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Rydex Technology Fund (RYTIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
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 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 90.91%, occurring on Jul 3, 2003. Recovery took 3693 trading sessions.
The current Rydex Technology Fund drawdown is 2.21%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -90.91% | Mar 28, 2000 | 817 | Jul 3, 2003 | 3693 | Mar 12, 2018 | 4510 |
| -72.46% | Jul 21, 1998 | 35 | Sep 7, 1998 | 44 | Nov 6, 1998 | 79 |
| -69.63% | Feb 1, 1999 | 11 | Feb 15, 1999 | 35 | Apr 5, 1999 | 46 |
| -69.1% | Apr 12, 1999 | 36 | May 31, 1999 | 15 | Jun 21, 1999 | 51 |
| -68.78% | May 14, 1998 | 8 | May 25, 1998 | 25 | Jun 29, 1998 | 33 |
Volatility
Volatility Chart
The current Rydex Technology Fund volatility is 6.43%, 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.