Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Rydex Basic Materials Inv RYBIX
- NAV / 1-Day Return 83.24 / 0.00
- Total Assets 29.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.390%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Natural Resources
- Investment Style Mid Value
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 2.02%
- Turnover 126%
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:22 PM GMT+0
Morningstar’s Analysis RYBIX
Will RYBIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 26.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Linde PLC | 5.11 | 1.4 Mil | Basic Materials |
Sherwin-Williams Co | 3.08 | 858,962 | Basic Materials |
Ecolab Inc | 2.68 | 747,143 | Basic Materials |
First American Government Obligs X | 2.49 | 693,770 | Cash and Equivalents |
Freeport-McMoRan Inc | 2.47 | 688,558 | Basic Materials |
Nucor Corp | 2.45 | 685,357 | Basic Materials |
Air Products & Chemicals Inc | 2.23 | 623,014 | Basic Materials |
Corteva Inc | 2.20 | 613,339 | Basic Materials |
Martin Marietta Materials Inc | 2.19 | 610,639 | Basic Materials |
Vulcan Materials Co | 2.16 | 604,011 | Basic Materials |