Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Rydex Basic Materials Inv RYBIX
- NAV / 1-Day Return 89.81 / +0.66 %
- Total Assets 27.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.400%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Natural Resources
- Investment Style Mid Value
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 1.93%
- Turnover 49%
USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 12:57 AM GMT+0
Morningstar’s Analysis RYBIX
Will RYBIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 25.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Linde PLC | 4.78 | 1.3 Mil | Basic Materials |
Sherwin-Williams Co | 3.11 | 837,362 | Basic Materials |
Newmont Corp | 2.70 | 725,944 | Basic Materials |
CRH PLC | 2.52 | 676,781 | Basic Materials |
Ecolab Inc | 2.48 | 666,117 | Basic Materials |
Air Products & Chemicals Inc | 2.34 | 629,086 | Basic Materials |
Freeport-McMoRan Inc | 2.33 | 625,765 | Basic Materials |
Corteva Inc | 1.99 | 536,385 | Basic Materials |
First American Government Obligs X | 1.94 | 520,494 | Cash and Equivalents |
Barrick Gold Corp | 1.85 | 496,391 | Basic Materials |