Performance
Trailing returns
| 1 day | +0.00% | ||||
| 1 week | +0.77% |
| |||
| 4 week | +3.87% |
| |||
| 3 month | +2.58% |
| |||
| YTD | +7.29% |
| |||
| 1 year | +9.87% |
| |||
| 3 years* |
| -11.25% | |||
| 5 years* |
| -12.59% | |||
| *annualized | |||||
| Best 3 month return | +12.99% | |
| Worst 3 month return | -26.00% |
Morningstar statistics
Morningstar category: Trading-Inverse Debt
Key statistics
| Total assets | 554.29M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 1.39% | |
| Management fee | - | |
| Fund family | Rydex Funds |
Asset allocation
| Cash | 128.56% | |
| Stocks | 0.00% | |
| Bonds | -0.17% | |
| Other | 0.00% |
Purchase information
| Initial | US$2,500 | |
| Additional | US$0 | |
| IRA Initial | US$1,000 |
9.23+0.10(1.10%)
Jun 19, 4:00PM EDT
Description
The investment seeks to provide total returns that inversely correlate, before fees and expenses, to the daily price movement of the Long Treasury Bond for U.S. Treasury debt instruments or futures contracts on a specified debt instrument on a daily basis. The fund employs as its investment strategy a program of engaging in short sales and investing to a significant extent in derivative instruments, which primarily consist of futures contracts, interest rate swaps, and options on securities and futures contracts. It may hold U.S. government securities or cash equivalents to collateralize its short sales and derivative positions. The fund is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Michael Dellapa (Started: Sep 30, 2005)
Ryan Harder (Started: Mar 14, 2008)
Michael Byrum (Started: Aug 1, 2000)
Michael Dellapa (Started: Sep 30, 2005)
Ryan Harder (Started: Mar 14, 2008)
Michael Byrum (Started: Aug 1, 2000)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 11.96 | 8.45 | 9.52 | 3.06 | |
| Beta* | -4.23 | -4.53 | -4.12 | -3.56 | |
| Mean annual return | 0.70 | -0.97 | -0.97 | -0.48 | |
| R-squared* | 89.84 | 57.04 | 57.58 | 64.08 | |
| Standard deviation | 12.21 | 16.39 | 19.83 | 16.27 | |
| Sharpe ratio | 0.68 | -0.71 | -0.60 | -0.46 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| US Treasury Bond 2.875% | 32.92% | |
| FHLMC | 2.71% | |
| FNMA | 1.81% | |
| Us Ultra Bond(Cbt) Sep13 | 0.17% |