Sp 500 2x Fund Quote
| RYTNX Fund | USD 350.51 3.69 1.06% |
Performance8 of 100
| Odds Of DistressLess than 19
|
Sp 500 is trading at 350.51 as of the 22nd of November 2024; that is 1.06 percent increase since the beginning of the trading day. The fund's open price was 346.82. Sp 500 has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Sp 500 2x are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd 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 Sp 500 2x
Moving together with RYTNX Mutual Fund
| 0.75 | RYBCX | Basic Materials | PairCorr |
| 0.75 | RYBAX | Basic Materials | PairCorr |
| 0.83 | RYBKX | Banking Fund Class | PairCorr |
| 0.69 | RYBMX | Basic Materials | PairCorr |
| 0.91 | RYBHX | Sp Midcap 400 | PairCorr |
| 0.69 | RYBIX | Basic Materials | PairCorr |
Moving against RYTNX Mutual Fund
RYTNX Mutual Fund Highlights
| Fund Concentration | Rydex Funds, Large Growth Funds, Trading--Leveraged Equity Funds, Trading--Leveraged Equity, Rydex Funds (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of August 2022 |
| Fiscal Year End | March |
Sp 500 2x [RYTNX] is traded in USA and was established 22nd of November 2024. Sp 500 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 213.65 M in assets with minimum initial investment of 2.5 K. Sp 500 2x is currently producing year-to-date (YTD) return of 43.72% with the current yeild of 0.0%, while the total return for the last 3 years was 9.0%.
Check Sp 500 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 RYTNX 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 RYTNX 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 Sp 500 2x 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 Sp 500 2x Mutual Fund Constituents
| AAPL | Apple Inc | Stock | Information Technology | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| JNJ | Johnson Johnson | Stock | Health Care | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| MSFT | Microsoft | Stock | Information Technology | |
| TSLA | Tesla Inc | Stock | Consumer Discretionary |
Sp 500 2x Risk Profiles
| Mean Deviation | 1.13 | |||
| Semi Deviation | 1.47 | |||
| Standard Deviation | 1.56 | |||
| Variance | 2.45 |
Sp 500 Against Markets
Other Information on Investing in RYTNX Mutual Fund
Sp 500 financial ratios help investors to determine whether RYTNX 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 RYTNX with respect to the benefits of owning Sp 500 security.
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