Rydex Nova Fund Investor Class RYNVX:NASDAQ

Net Asset Value$90.46Previous Close - 10/30/2020
1-Day Change-1.62(1.76%)
YTD Change-2.68(2.88%)

Growth of $10,000 Since Fund Inception

View portfolioPortfolio as of 07/31/2020

Top 5 SectorsTop 5 Holdings
Miscellaneous16.41%
Guggenheim Ultra Short Dura...12.60%
Other9.78%
Guggenheim Strategy Fund II9.61%
Technology Services8.31%
Guggenheim Strategy Fund III3.80%
Electronic Technology6.73%
Apple Inc ORD2.98%
Finance6.70%
Microsoft Corp ORD2.68%
Concentration of Top 547.93% Concentration of Top 531.67% 

Fund Profile

Fund Strategy

The Fund seeks to provide investment returns that are 150% of the daily performance of the S&P 500 Index. The Fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the S&P 500 Index and derivative instruments.

Fund Category Sector Equity
Inception Date 07/12/1993
Manager Byrum/Harder
Fund Classification Equity Leverage Funds
Managed Since 1996
Other Managed Funds   RYOCX  RYVYX  RYFXX  RMQHX  RYOIX

Lipper Leader Scorecard as of 09/30/2020

RatingTotal
Return
Consistent
Return
PreservationTax
Efficiency
Expense*
Overall Rating(# of funds in category)
173

169

12,141

173

42
3 Year Rating(# of funds in category)
173

171

12,141

173

42
5 Year Rating(# of funds in category)
163

161

10,516

163

41
10 Year Rating(# of funds in category)
134

134

7,163

134

39

Fund Highlights

Total Expense Ratio1.36%
Average Market Capitallization$501.0 B
Net Asset ValueN/A
Total Net Assets$222.5 M
Sales ExpensesNo Load Fund
Minimum Initial Investment$2500
Minimum IRA Investment$1000
AvailabilityOpen to New Investors
Current Yield0.00%
Dividend Ex-DateN/A

Risk Analysis

Beta vs. S&P 5001.58
R-Squared vs. S&P 5000.99
Standard Deviation27.60%
Sharpe Ratio0.53
Portfolio TurnoverN/A