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Rydex Basic Materials H RYBAX

Quantitative rating as of
NAV / 1-Day Return
71.71  /  1.01 %
Total Assets
36.9 Mil
Adj. Expense Ratio
Expense Ratio
1.600%
Distribution Fee Level
High
Share Class Type
No Load
Category
Natural Resources
Investment Style
Mid Value
Min. Initial Investment
2,500
Status
Open
TTM Yield
0.00
Turnover
169%

Morningstar’s Analysis RYBAX

Will RYBAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Summary

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Rydex Basic Materials H's recent fee cut isn't enough to offset its decreased Process Pillar rating, resulting in a downgrade to this strategy's Morningstar Quantitative Rating to Neutral from Bronze. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

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