Rydex S&P SmallCap 600 Pure Growth H

Frequently Asked Questions About RYWAX

What does RYWAX invest in?

This fund is mandated to invest at least 80% of its net assets, along with any borrowed funds, into holdings that either comprise or mirror the performance of its underlying index. This specific index draws its constituents from the broader S&P SmallCap 600®, pinpointing companies that demonstrate the strongest growth attributes. These attributes are assessed using a trio of metrics: their rate of sales expansion, the relationship between earnings changes and stock price, and their market momentum. Notably, this fund operates as a non-diversified investment vehicle.

What is the expense ratio of RYWAX?

Rydex S&P SmallCap 600 Pure Growth H (RYWAX) charges an expense ratio of 1.55%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RYWAX?

Rydex S&P SmallCap 600 Pure Growth H (RYWAX) manages $5.3M 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 RYWAX actively managed or an index fund?

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

When was RYWAX launched?

Rydex S&P SmallCap 600 Pure Growth H (RYWAX) launched in January 2004 and is managed by the fund issuer.

How has RYWAX performed?

RYWAX'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.