The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Rydex Banking Inv to a Morningstar Quantitative Rating of Neutral. 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.
- NAV / 1-Day Return 93.22 / 1.18 %
- Total Assets 6.6 Mil
Adj. Expense Ratio
- Expense Ratio 1.360%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Financial
- Investment Style Mid Value
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 2.86%
- Turnover 501%
Morningstar’s Analysis RYKIX
Will RYKIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.