Morningstar

Rydex Banking A RYBKX

Morningstar Medalist Rating
Medalist Rating as of | See Rydex Investment Hub
  • NAV / 1-Day Return 84.22  /  −0.13 %
  • Total Assets 4.9 Mil
  • Adj. Expense Ratio
    1.650%
  • Expense Ratio 1.650%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Financial
  • Investment Style Mid Value
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 1.43%
  • Turnover 233%

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:28 PM GMT+0

Morningstar’s Analysis RYBKX

Will RYBKX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RYBKX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RYBKX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RYBKX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Rydex Banking A to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings RYBKX

More RYBKX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co

3.77 272,384
Financial Services

Citigroup Inc

3.71 267,825
Financial Services

Wells Fargo & Co

3.54 255,577
Financial Services

Bank of America Corp

3.51 253,792
Financial Services

PNC Financial Services Group Inc

3.35 242,312
Financial Services

U.S. Bancorp

3.20 231,042
Financial Services

Truist Financial Corp

3.09 223,182
Financial Services

Capital One Financial Corp

2.86 206,812
Financial Services

Bank of New York Mellon Corp

2.66 192,477
Financial Services

Fifth Third Bancorp

2.12 153,482
Financial Services

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