Rydex S&P 500 Pure Value H

Frequently Asked Questions About RYZAX

What does RYZAX invest in?

This fund is designed to allocate a substantial portion—at least 80%—of its net assets, including any funds borrowed for investment, into shares of companies that are part of its benchmark index. It may also invest in derivatives and other financial vehicles intended to replicate the performance of that index. The benchmark itself is a curated subset of the S&P 500®, specifically comprising companies that exhibit the most compelling 'value' traits. These value attributes are identified by assessing three key financial metrics: the ratios of book value, earnings, and sales relative to their market price. It is important to note that this fund operates as a non-diversified investment vehicle.

What is the expense ratio of RYZAX?

Rydex S&P 500 Pure Value H (RYZAX) charges an expense ratio of 1.56%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RYZAX?

Rydex S&P 500 Pure Value H (RYZAX) manages $9.8M 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 RYZAX actively managed or an index fund?

RYZAX 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 (RYZAX's is 1.56%) because there's no security selection cost.

When was RYZAX launched?

Rydex S&P 500 Pure Value H (RYZAX) launched in February 2004 and is managed by the fund issuer.

How has RYZAX performed?

RYZAX'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.