Morningstar

Rydex Banking Fund Class Investor RYKIX

Morningstar Medalist Rating
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Medalist Rating as of See Rydex Investment Hub
  • NAV / 1-Day Return $126.55  /  −1.19 %
  • Fund Size $7.6M
  • Adjusted Expense Ratio 1.420%
  • Net Expense Ratio 1.420%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category Financial
  • Equity Style Box (Funds) Mid Value
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 3.16%
  • Turnover Ratio 280%
NAV and 1-Day Return as of

Morningstar’s Analysis RYKIX

Will RYKIX 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 RYKIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RYKIX 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 RYKIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Rydex Banking Inv 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 RYKIX

More RYKIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 35.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co

4.38 452,501
Financial Services

Bank of America Corp

4.28 442,561
Financial Services

Wells Fargo & Co

3.99 411,821
Financial Services

Capital One Financial Corp

3.94 406,711
Financial Services

Citigroup Inc

3.66 378,013
Financial Services

Bank of New York Mellon Corp

3.49 360,461
Financial Services

U.S. Bancorp

3.19 329,699
Financial Services

PNC Financial Services Group Inc

3.11 321,583
Financial Services

Nu Holdings Ltd Ordinary Shares Class A

3.03 312,840
Financial Services

Truist Financial Corp

2.43 250,528
Financial Services

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