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.
Rydex Banking Inv RYKIX
- NAV / 1-Day Return 87.52 / +2.57 %
- Total Assets 25.8 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 1.49%
- Turnover 384%
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 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
|
---|---|---|---|
Citigroup Inc | 4.34 | 1.3 Mil | Financial Services |
Wells Fargo & Co | 4.16 | 1.2 Mil | Financial Services |
JPMorgan Chase & Co | 4.14 | 1.2 Mil | Financial Services |
Bank of America Corp | 4.13 | 1.2 Mil | Financial Services |
U.S. Bancorp | 3.29 | 970,499 | Financial Services |
PNC Financial Services Group Inc | 3.26 | 961,544 | Financial Services |
Capital One Financial Corp | 3.05 | 899,201 | Financial Services |
Truist Financial Corp | 2.94 | 866,352 | Financial Services |
Bank of New York Mellon Corp | 2.82 | 830,347 | Financial Services |
Fifth Third Bancorp | 2.06 | 606,972 | Financial Services |