Morningstar

Rydex Banking Fund Class H RYKAX

Morningstar Medalist Rating
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Medalist Rating as of See Rydex Investment Hub
  • NAV / 1-Day Return $109.03  /  −1.56 %
  • Fund Size $7.7M
  • Adjusted Expense Ratio 1.630%
  • Net Expense Ratio 1.630%
  • Fee Level: Distribution High
  • Share Class Type No Load
  • Morningstar Category Financial
  • Equity Style Box (Funds) Mid Value
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 3.70%
  • Turnover Ratio 280%
NAV and 1-Day Return as of

Morningstar’s Analysis RYKAX

Will RYKAX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RYKAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RYKAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RYKAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Rydex Banking H holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings RYKAX

More RYKAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 34.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Citigroup Inc

4.00 310,105
Financial Services

JPMorgan Chase & Co

3.98 308,664
Financial Services

Wells Fargo & Co

3.83 297,386
Financial Services

Bank of America Corp

3.71 288,152
Financial Services

Capital One Financial Corp

3.68 285,357
Financial Services

Bank of New York Mellon Corp

3.24 251,367
Financial Services

U.S. Bancorp

3.17 245,884
Financial Services

PNC Financial Services Group Inc

3.13 242,708
Financial Services

Nu Holdings Ltd Ordinary Shares Class A

2.82 218,993
Financial Services

Truist Financial Corp

2.51 194,460
Financial Services

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