# Rydex S&P SmallCap 600 Pure Growth H (RYWAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/rywax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Passive Index · Inception: 2004-01-02 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. ## Key Facts | Metric | Value | |---|---| | Price | $62.97 | | Expense Ratio | 1.55% | | Assets Under Management | $5.5M | | NAV | $62.97 | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Irregular | | 52-Week Range | $51.80 – $73.14 | | Beta | 1.04 | ## Latest Distribution - Amount: $5.5957 /share - Ex-date: 2024-12-12 - Pay date: 2024-12-12 ## Frequently Asked Questions ### 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 $5.5M 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 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 (RYWAX's is 1.55%) because there's no security selection cost. ### 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. ### Does RYWAX pay a dividend? Rydex S&P SmallCap 600 Pure Growth H (RYWAX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does RYWAX pay dividends? Rydex S&P SmallCap 600 Pure Growth H pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is RYWAX's dividend yield? RYWAX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is RYWAX's next ex-dividend date? The most recently announced ex-dividend date for RYWAX was 2024-12-12. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will RYWAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.55% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does RYWAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from RYWAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does RYWAX cost more than a fund like VOO? RYWAX is a passive index fund (current expense ratio 1.55%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to RYWAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as RYWAX (1.55%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/rywax - Distribution history: https://www.dividenddata.com/funds/rywax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/rywax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/rywax/expenses - Peer comparison: https://www.dividenddata.com/funds/rywax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.