The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Rydex Banking A to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
- NAV / 1-Day Return 79.56 / 0.25 %
- Total Assets 6.3 Mil
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Adj. Expense Ratio
- Expense Ratio 1.610%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Financial
- Investment Style Mid Value
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 3.49%
- Turnover 501%
Morningstar’s Analysis RYBKX
Will RYBKX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.