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.
Rydex Banking Inv RYKIX
- NAV / 1-Day Return 97.77 / +1.22 %
- Total Assets 6.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.400%
- 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 1.42%
- Turnover 233%
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis RYKIX
Will RYKIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings —
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Bank of America Corp | 4.41 | 1.2 Mil | Financial Services |
Citigroup Inc | 4.25 | 1.1 Mil | Financial Services |
JPMorgan Chase & Co | 4.23 | 1.1 Mil | Financial Services |
Wells Fargo & Co | 4.12 | 1.1 Mil | Financial Services |
PNC Financial Services Group Inc | 3.30 | 861,553 | Financial Services |
U.S. Bancorp | 3.10 | 809,824 | Financial Services |
Truist Financial Corp | 2.94 | 766,967 | Financial Services |
Capital One Financial Corp | 2.88 | 751,873 | Financial Services |
Bank of New York Mellon Corp | 2.83 | 739,820 | Financial Services |
M&T Bank Corp | 2.09 | 546,518 | Financial Services |