Dow 2x Strategy Fund Quote

RYLDX Fund  USD 171.17  2.21  1.31%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 16

 
High
 
Low
Low
Dow 2x is trading at 171.17 as of the 2nd of November 2024; that is 1.31% up since the beginning of the trading day. The fund's open price was 168.96. Dow 2x has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Dow 2x Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of October 2024 and ending today, the 2nd of November 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 Dow 2x Strategy

Moving together with Dow Mutual Fund

  0.94RYBCX Basic MaterialsPairCorr
  0.88RYBAX Basic MaterialsPairCorr
  0.89RYBKX Banking Fund ClassPairCorr
  0.94RYBMX Basic MaterialsPairCorr
  0.78RYBHX Sp Midcap 400PairCorr
  0.94RYBIX Basic MaterialsPairCorr

Moving against Dow Mutual Fund

  0.96RYARX Inverse Sp 500PairCorr
  0.94RYAGX Inverse Mid CapPairCorr
  0.9RYAFX Inverse Russell 2000PairCorr
  0.88RYACX Inverse Nasdaq 100PairCorr
  0.87RYAIX Inverse Nasdaq 100PairCorr
  0.87RYALX Inverse Nasdaq 100PairCorr

Dow Mutual Fund Highlights

Fund ConcentrationRydex Funds, Large Blend Funds, Trading--Leveraged Equity Funds, Trading--Leveraged Equity, Rydex Funds (View all Sectors)
Update Date30th of September 2024
Expense Ratio Date1st of August 2022
Fiscal Year EndMarch
Dow 2x Strategy [RYLDX] is traded in USA and was established 2nd of November 2024. Dow 2x 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 40.96 M in assets with no minimum investment requirementsDow 2x Strategy is currently producing year-to-date (YTD) return of 19.43% with the current yeild of 0.0%, while the total return for the last 3 years was 6.86%.
Check Dow 2x 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 Dow 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 Dow 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 Dow 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 Dow 2x Strategy Mutual Fund Constituents

JNJJohnson JohnsonStockHealth Care
VVisa Class AStockFinancials
UNHUnitedHealth Group IncorporatedStockHealth Care
RTXRaytheon Technologies CorpStockIndustrials
MSFTMicrosoftStockInformation Technology
MMM3M CompanyStockIndustrials
MCDMcDonaldsStockConsumer Discretionary
AAPLApple IncStockInformation Technology
More Details

Dow 2x Strategy Risk Profiles

Dow 2x Against Markets

Other Information on Investing in Dow Mutual Fund

Dow 2x financial ratios help investors to determine whether Dow 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 Dow with respect to the benefits of owning Dow 2x security.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Global Correlations
Find global opportunities by holding instruments from different markets