Rydex Inverse S&P 500 Strategy Fund

U.S. News evaluated 29 Bear Market Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Rydex Funds funds

See full Bear Market rankings

See more fund rankings

Performance

The fund has returned -21.96 percent over the past year, -17.89 percent over the past three years, -19.47 percent over the past five years, and -9.41 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date -7.9%
1 Year -22.0%
3 Years (Annualized) -17.9%
5 Years (Annualized) -19.5%
10 Years (Annualized) -9.4%

See more RYUAX performance

Summary

The investment seeks to provide investment results that match, before fees and expenses, the inverse (opposite) of the performance of the S&P 500® Index on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities included in the underlying index and investing to a significant extent in derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform opposite to the securities of companies included in the underlying index. The fund is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Rydex Inverse S&P 500 Strategy Fund has an expense ratio of 1.93 percent.

See more RYUAX fees

Risk

Risk is N/A compared to funds in the same category according to Morningstar.

See more RYUAX risk

Bear Market Funds

Highest Returns (10-year)

See More Funds