Frequently Asked Questions About RYCCX

What does RYCCX invest in?

The fund's investment strategy primarily involves allocating its capital to the common stocks of companies whose market capitalization generally aligns with the underlying index, in addition to employing derivative instruments. A core tenet of its approach requires at least 80% of its net assets, including any funds borrowed for investment purposes, to be placed in financial instruments that are expected to deliver economic characteristics and performance similar to the securities within the underlying index. It's important to note that this fund is structured as non-diversified.

What is the expense ratio of RYCCX?

Rydex NASDAQ-100 2x Strategy Fund (RYCCX) charges an expense ratio of 2.50%. This is the annual fee deducted from fund assets to cover management and operations.

Is RYCCX a good long-term hold?

RYCCX is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does RYCCX's daily reset work?

RYCCX rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is RYCCX?

Rydex NASDAQ-100 2x Strategy Fund (RYCCX) manages $1.20B 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 RYCCX actively managed or an index fund?

RYCCX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

RYCCX

Rydex NASDAQ-100 2x Strategy Fund

NASDAQ·Asset Management, Leveraged · Financial Services

$544.57$33.55−5.80%

Market closed·Oct 23 8:10 AM EDT

Price Chart

$544.57−$33.55 (−5.80%)today

+56.52%CAGR +9.39%

Select date range

FromTo

Nov 20, 2000Oct 23, 2021 → Oct 23, 2026· 5.0 yrsOct 23, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$47.61

Distribution Yield (FWD)8.74%

Annual Distribution (TTM)$47.61

Distribution Yield (TTM)8.74%

Distribution Growth (5Y)+10.0%

FrequencyAnnual

Most Recent$47.61

Ex-Dividend DateDec 16

Payment DateDec 16

DiversificationDiversification Tab

Holdings115

Top 10 Weight32.7%

Top 25 Weight53.8%

Effective Holdings40

Sectors—

Largest HoldingNVDA · 5.7%

Largest Sector—

Asset ClassEquity

StrategyLeveraged

Cost & RiskExpenses Tab

Expense Ratio2.50%

Cost per 10k Invested$250

AUM$1.20B

Avg Daily Volume—

Price$544.57

NAV$544.57

Premium / Discount+0.00%

52-Week Range$363.68 – $638.19

Beta2.47

Fund Overview

Cost Verdict

Is RYCCX's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: —
Asset Class: Equity
Strategy: Leveraged
Inception: November 20, 2000
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US78355E4035
CUSIP: 78355E403
Website: portal.guggenheiminvestments.com/mutual-funds/fund/ryccx-nasdaq-100-2x-strategy

Peers

Peers Tab

LVAEX

LSV Value Equity Fund

Cap

$1.2B

LTFIX

Principal LifeTime 2055 Fund

Cap

$1.1B

CTFAX

Columbia Thermostat Fund

Cap

$1.2B

Latest News

News Tab

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Frequently Asked Questions About RYCCX

What does RYCCX invest in?: The fund's investment strategy primarily involves allocating its capital to the common stocks of companies whose market capitalization generally aligns with the underlying index, in addition to employing derivative instruments. A core tenet of its approach requires at least 80% of its net assets, including any funds borrowed for investment purposes, to be placed in financial instruments that are expected to deliver economic characteristics and performance similar to the securities within the underlying index. It's important to note that this fund is structured as non-diversified.
What is the expense ratio of RYCCX?: Rydex NASDAQ-100 2x Strategy Fund (RYCCX) charges an expense ratio of 2.50%. This is the annual fee deducted from fund assets to cover management and operations.
Is RYCCX a good long-term hold?: RYCCX is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.
How does RYCCX's daily reset work?: RYCCX rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.
How big is RYCCX?: Rydex NASDAQ-100 2x Strategy Fund (RYCCX) manages $1.20B 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 RYCCX actively managed or an index fund?: RYCCX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.