Rydex Emerging Markets 2x Strategy Fund (RYWTX)

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Rydex Emerging Markets 2x Strategy Fund (RYWTX) is up 11.0% since the beginning of the year. RYWTX is currently trading at $107 per share. Investors who bought $1,000 worth of RYWTX shares 5 years ago would now be looking at an investment worth $969.

Rydex Emerging Markets 2x Strategy Fund (RYWTX) has returned 10.97% so far this year and 58.15% over the past 12 months. Over the last ten years, RYWTX has returned 10.23% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Jan 3, 2011, RYWTX's average daily return is +0.04%, while the average monthly return is +0.60%. At this rate, an investment would double in approximately 9.7 years.

Historically, 53% of months were positive and 47% were negative. The best month was Nov 2022 with a return of +46.1%, while the worst month was Mar 2020 at -32.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, RYWTX closed higher 51% of trading days. The best single day was Mar 16, 2022 with a return of +22.3%, while the worst single day was Mar 16, 2020 at -20.9%.

Rydex Emerging Markets 2x Strategy Fund has an annualized alpha of -15.42%, beta of 1.98, and R2 of 0.57 versus S&P 500 Index. Calculated based on daily prices since January 04, 2011.

• This fund participated in 189.13% of S&P 500 Index downside but only 140.09% of its upside - more exposed to losses than it benefited from rallies.
• This fund had an annualized alpha of -15.42% versus S&P 500 Index - delivering less than market exposure alone would predict.
• Beta of 1.98 means this fund moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.

RYWTX has a high expense ratio of 1.82%, indicating above-average management fees.

RYWTX ranks 25 for risk / return — below 25% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Rydex Emerging Markets 2x Strategy Fund (RYWTX) and compare them to S&P 500 Index.

Rydex Emerging Markets 2x Strategy Fund provided a 0.76% dividend yield over the last twelve months, with an annual payout of $0.81 per share.

The table displays the monthly dividend distributions for Rydex Emerging Markets 2x Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Rydex Emerging Markets 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 Emerging Markets 2x Strategy Fund was 78.47%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current Rydex Emerging Markets 2x Strategy Fund drawdown is 30.46%.

The chart below shows the rolling one-month volatility.