Rydex S&P MidCap 400 Pure Value H

Frequently Asked Questions About RYAVX

What does RYAVX invest in?

This fund allocates a minimum of 80% of its net assets, alongside any borrowed capital for investment, to either securities of companies included in its benchmark index or to financial instruments and derivatives designed to replicate the index's performance. The underlying index is composed of companies from the S&P MidCap 400® that exhibit the most significant "value" attributes. These characteristics are quantitatively assessed using three metrics: the ratios of a company's book value, earnings, and sales relative to its share price. This particular fund is classified as non-diversified.

What is the expense ratio of RYAVX?

Rydex S&P MidCap 400 Pure Value H (RYAVX) charges an expense ratio of 1.55%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RYAVX?

Rydex S&P MidCap 400 Pure Value H (RYAVX) manages $6.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is RYAVX actively managed or an index fund?

RYAVX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (RYAVX's is 1.55%) because there's no security selection cost.

When was RYAVX launched?

Rydex S&P MidCap 400 Pure Value H (RYAVX) launched in February 2004 and is managed by the fund issuer.

How has RYAVX performed?

RYAVX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.