Investment Test Drive

RYAGX Rydex Inverse Mid-Cap Strategy A

No cheaper alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT
No cheaper alternatives found
Fund RYAGX Rydex Inverse Mid-Cap Strategy A
Good for you!
FeeX did not find any alternative funds with lower fees and better past returns. You can change the returns filter above to search for more options.
Similarity
?
100%
Annual Fees
?
$161.89
(1.65% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming -1.88% annual return
$3,430.94
Est. savings over 30 yrs
Return
As of 11/30/16
1 YR RETURN -14.47%
3 YR -11.43%
5 YR -15.76%
10 YR -12.59%
Description
The investment seeks to provide investment results that match, before fees and expenses, the inverse (opposite) of the performance of the S&P MidCap 400® 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.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

+

Your Feedback has been sent successfully!