Nasdaq 100 2x Strategy Fund Quote

RYCCX Fund  USD 389.63  11.40  3.01%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 15

 
High
 
Low
Low
Nasdaq-100(r) is trading at 389.63 as of the 23rd of July 2024; that is 3.01 percent increase since the beginning of the trading day. The fund's open price was 378.23. Nasdaq-100(r) has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Nasdaq 100 2x Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of December 2022 and ending today, the 23rd of July 2024. Click here to learn more.
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 underlying index and derivative instruments. It will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform similarly to the securities of companies in the underlying index. More on Nasdaq 100 2x Strategy

Moving against Nasdaq-100(r) Mutual Fund

  1.0RYACX Inverse Nasdaq 100PairCorr
  1.0RYAIX Inverse Nasdaq 100PairCorr
  1.0RYALX Inverse Nasdaq 100PairCorr
  1.0RYAPX Inverse Nasdaq 100PairCorr
  0.98RYARX Inverse Sp 500PairCorr
  0.78RYAQX Inverse Government LongPairCorr

Nasdaq-100(r) Mutual Fund Highlights

Fund ConcentrationRydex Funds, Large Growth Funds, Trading--Leveraged Equity Funds, Trading--Leveraged Equity, Rydex Funds, Large Growth, Trading--Leveraged Equity (View all Sectors)
Update Date30th of June 2024
Expense Ratio Date1st of August 2022
Fiscal Year EndMarch
Nasdaq 100 2x Strategy [RYCCX] is traded in USA and was established 23rd of July 2024. Nasdaq-100(r) is listed under Rydex Funds category by Fama And French industry classification. The fund is listed under Trading--Leveraged Equity category and is part of Rydex Funds family. This fund at this time has accumulated 735.68 M in assets with no minimum investment requirementsNasdaq 100 2x is currently producing year-to-date (YTD) return of 30.22%, while the total return for the last 3 years was 9.73%.
Check Nasdaq-100(r) Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nasdaq-100(r) Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nasdaq-100(r) Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nasdaq 100 2x Strategy Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Nasdaq 100 2x Strategy Mutual Fund Constituents

AMGNAmgen IncStockHealth Care
AAPLApple IncStockInformation Technology
AMZNAmazon IncStockConsumer Discretionary
CMCSAComcast CorpStockCommunication Services
CSCOCisco SystemsStockInformation Technology
GOOGAlphabet Inc Class CStockCommunication Services
GOOGLAlphabet Inc Class AStockCommunication Services
INTCIntelStockInformation Technology
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Nasdaq 100 2x Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nasdaq-100(r) market risk premium is the additional return an investor will receive from holding Nasdaq-100(r) long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nasdaq-100(r). At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nasdaq-100(r)'s alpha and beta are two of the key measurements used to evaluate Nasdaq-100(r)'s performance over the market, the standard measures of volatility play an important role as well.

Nasdaq-100(r) Against Markets

Other Information on Investing in Nasdaq-100(r) Mutual Fund

Nasdaq-100(r) financial ratios help investors to determine whether Nasdaq-100(r) Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nasdaq-100(r) with respect to the benefits of owning Nasdaq-100(r) security.
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