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RYCMX Rydex Russell 2000 1.5x Strategy C

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Fund RYCMX Rydex Russell 2000 1.5x Strategy C RYMKX Rydex Russell 2000 1.5x Strategy H  
Similarity
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100% 100%
Annual Fees
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$268.07
(2.45% Exp. Ratio)
$186.00
(1.70% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 9.41% annual return
$70,638.39 $88,884.93
Est. savings over 30 yrs +$18,246.54
Return
As of 10/31/16
1 YR RETURN 2.51%
3 YR 2.54%
5 YR 13.50%
10 YR 3.50%
1 YR RETURN 3.37%
3 YR 3.35%
5 YR 14.40%
10 YR 4.29%
Description
The investment seeks to provide investment results that correlate, before fees and expenses, to 150% of the performance of the Russell 2000® Index for small-cap securities on a daily basis. 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% 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 included in the underlying index. The fund is non-diversified.
The investment seeks to provide investment results that correlate, before fees and expenses, to 150% of the performance of the Russell 2000® Index for small-cap securities on a daily basis. 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% 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 included in the underlying index. The fund is non-diversified.

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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.

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