• Rydex Banking Fund

Rydex Funds
US, Business/Financial Services

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  • Symbol Price
    BHHEX 23.7
    FEKIX 12.41
    DPDEX 19.69
    DMCCX 9.39
    FEKAX 12.87
    DMCAX 128.29
    USLUX 23.63
    GVDIX 9.42
    SSGMX 8.85
    LQTVX 7.98

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Rydex Banking Fund

RYKIX

Summary

The fund seeks capital appreciation by investing in small-and mid-size companies in the United States.

The investment process is designed to highlight companies in the benchmark index that are engaged in the banking sector, including commercial banks and savings and loan institutions.

Next, the research team employs a proprietary quantitative screen to evaluate companies on the basis of price, liquidity, and tradability.

Then the manager constructs a diversified portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund also may purchase American Depositary More

Price

Last Close

$98.7 ( -0.06 )

52 Week HL

$105.36 - $53.37

Net Assets

$42.17 M

Expense Ratio

1.46 %

Top 10 Holdings

Mar 10, 2021

Company Name

  • WELLS FARGO
  • Bank Of
  • J P
  • Citigroup Inc
  • Trust Financial

Holding

  • 4.07
  • 4.00
  • 3.97
  • 3.73
  • 3.31

Company Name

  • U.S. BANCORP
  • PNC Financial
  • Capital One
  • BANK OF
  • Fifth Third
  • Total

Holding

  • 3.20
  • 3.11
  • 2.88
  • 2.20
  • 1.99
  • 32.46%

Manager

Name

Michael P. Byrum

Leadership

Single Manager

Tenure

2003

Advisor

Documents

Prospectus

Fact Sheet

Annual Reports

Website

Link

Performance

YTD

27.3 %

3 Year

45.52%

5 Year

60.36%

Best

32.31%
2003

Worst

-40.61%
2008

Returns +
Quarterly

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Q1 23% -40.4% 9.6% 0.2% 0.1% -7.4% -2% 2.2% 8.3% 19.8% -
Q2 2.6% 14.9% 2% -0.3% 2.5% 1.2% 6.4% 0.3% 5% -8.4% -
Q3 0.9% -3.6% -0.1% -0.7% 4.3% 9.1% -10.5% -1.7% 4% 7.2% -
Q4 - 35.5% 10.5% -17.3% 4.5% 24.5% 1.9% 2.8% 9.4% 4% -

Returns +
Monthly

J F M A M J J A S O N D
2021 1.5% 15.5% 4.9% 4.7% 4.3% -6% -3% 4.7% -0.6% - - -
2020 -6.5% -11.9% -27.6% 13.6% 2.5% -1.3% -0.4% 3.2% -6.2% 9.3% 17.5% 5.5%

Returns +
Annual

    2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
    0%16%29%-6%19%8%-1%14%29%13%0%

Alpha

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
RYKIX 27%-11%28%-19%13%27%-5%4%30%25%-21%
S&P 500 -16%29%-6%19%8%-1%14%29%13%-
Alpha 27%-26%-1%-13%-6%19%-4%-10%0%12%-21%

RYKIX S&P 500

Chart +