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Morningstar

Rydex Technology Inv RYTIX

Morningstar Medalist Rating
Medalist Rating as of | See Rydex Investment Hub
  • NAV / 1-Day Return 181.57  /  +1.87 %
  • Total Assets 62.1 Mil
  • Adj. Expense Ratio
    1.390%
  • Expense Ratio 1.390%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Technology
  • Investment Style Large Growth
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield —
  • Turnover 121%

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:17 PM GMT+0

Morningstar’s Analysis RYTIX

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

  • People Pillar

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

Rydex Technology Inv's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings RYTIX

More RYTIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

5.71 2.8 Mil
Technology

NVIDIA Corp

5.46 2.7 Mil
Technology

Apple Inc

4.78 2.4 Mil
Technology

Meta Platforms Inc Class A

4.19 2.1 Mil
Communication Services

Alphabet Inc Class A

3.99 2.0 Mil
Communication Services

Broadcom Inc

2.84 1.4 Mil
Technology

Advanced Micro Devices Inc

2.05 1.0 Mil
Technology

Salesforce Inc

1.85 914,107
Technology

Adobe Inc

1.48 732,846
Technology

Applied Materials Inc

1.48 730,469
Technology