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Rydex Basic Materials Inv RYBIX

Quantitative rating as of
NAV / 1-Day Return
81.45  /  0.42 %
Total Assets
36.7 Mil
Adj. Expense Ratio
Expense Ratio
1.360%
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
0.00
Turnover
169%

Morningstar’s Analysis RYBIX

Will RYBIX outperform in future?

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

Summary

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Rydex Basic Materials Inv'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 second-costliest quintile among peers.

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