Rydex NASDAQ-100 Fund

Frequently Asked Questions About RYCOX

What does RYCOX invest in?

This fund's investment approach centers on acquiring common shares of companies with market capitalizations typically aligning with its benchmark index, in addition to utilizing derivative instruments. It is mandated to commit a minimum of 80% of its net assets, along with any borrowed capital used for investment, to either securities of the underlying index's constituents, derivative contracts, or other financial vehicles designed to mirror the index's returns. Importantly, this fund operates on a non-diversified basis.

What is the expense ratio of RYCOX?

Rydex NASDAQ-100 Fund (RYCOX) charges an expense ratio of 2.27%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RYCOX?

Rydex NASDAQ-100 Fund (RYCOX) manages $2.34B 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 RYCOX actively managed or an index fund?

RYCOX 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 (RYCOX's is 2.27%) because there's no security selection cost.

When was RYCOX launched?

Rydex NASDAQ-100 Fund (RYCOX) launched in March 2001 and is managed by the fund issuer.

How has RYCOX performed?

RYCOX'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.