Health Care Fund Quote

RYHEX Fund  USD 37.51  0.08  0.21%   


0 of 100

Very Weak

Odds Of Distress

Less than 22

Health Care is trading at 37.51 as of the 14th of June 2024; that is 0.21 percent up since the beginning of the trading day. The fund's open price was 37.43. Health Care has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Health Care Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of May 2024 and ending today, the 14th of June 2024. Click here to learn more.
Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Health Care Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. More on Health Care Fund

Moving together with Health Mutual Fund

  0.65RYBHX Sp Midcap 400PairCorr
  0.9RYBOX Biotechnology Fund ClassPairCorr
  0.9RYABX Government Long BondPairCorr

Moving against Health Mutual Fund

  0.85RYAQX Inverse Government LongPairCorr
  0.78RYARX Inverse Sp 500PairCorr
  0.64RYACX Inverse Nasdaq 100PairCorr
  0.58RYAIX Inverse Nasdaq 100PairCorr

Health Mutual Fund Highlights

Fund ConcentrationRydex Funds, Large Blend Funds, Health Funds, Health, Rydex Funds, Large Blend, Health (View all Sectors)
Update Date30th of June 2024
Expense Ratio Date19th of August 2022
Fiscal Year EndMarch
Health Care Fund [RYHEX] is traded in USA and was established 14th of June 2024. Health Care is listed under Rydex Funds category by Fama And French industry classification. The fund is listed under Health category and is part of Rydex Funds family. This fund at this time has accumulated 26.49 M in assets with minimum initial investment of 2.5 K. Health Care Fund is currently producing year-to-date (YTD) return of 4.63%, while the total return for the last 3 years was 1.54%.
Check Health Care 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 Health 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 Health 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 Health Care Fund 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 Health Care Fund Mutual Fund Constituents

MDTMedtronic PLCStockHealth Care
CVSCVS Health CorpStockHealth Care
JNJJohnson JohnsonStockHealth Care
UNHUnitedHealth Group IncorporatedStockHealth Care
TMOThermo Fisher ScientificStockHealth Care
SYKStrykerStockHealth Care
PFEPfizer IncStockHealth Care
More Details

Health Care Fund Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Health Care market risk premium is the additional return an investor will receive from holding Health Care 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 Health Care. 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 Health Care's alpha and beta are two of the key measurements used to evaluate Health Care's performance over the market, the standard measures of volatility play an important role as well.

Health Care Against Markets

Other Information on Investing in Health Mutual Fund

Health Care financial ratios help investors to determine whether Health 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 Health with respect to the benefits of owning Health Care security.
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Portfolio Volatility
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