Morningstar

Rydex Basic Materials Fund Class H RYBAX

Morningstar Medalist Rating
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Medalist Rating as of See Rydex Investment Hub
  • NAV / 1-Day Return $81.57  /  +2.09 %
  • Fund Size $33.9M
  • Adjusted Expense Ratio 1.630%
  • Net Expense Ratio 1.630%
  • Fee Level: Distribution High
  • Share Class Type No Load
  • Morningstar Category Natural Resources
  • Equity Style Box (Funds) Mid Blend
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 0.65%
  • Turnover Ratio 136%
NAV and 1-Day Return as of

Morningstar’s Analysis RYBAX

Will RYBAX outperform in the 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 RYBAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RYBAX 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 RYBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Rydex Basic Materials H holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings RYBAX

More RYBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Linde PLC

3.57 1M
Basic Materials

Newmont Corp

3.23 1M
Basic Materials

Freeport-McMoRan Inc

2.68 978,182
Basic Materials

Sherwin-Williams Co

2.20 805,013
Basic Materials

Air Products and Chemicals Inc

2.12 775,197
Basic Materials

Ecolab Inc

2.11 773,136
Basic Materials

Anglogold Ashanti PLC

2.06 754,790
Basic Materials

Corteva Inc

1.94 710,638
Basic Materials

Nucor Corp

1.76 643,073
Basic Materials

Agnico Eagle Mines Ltd

1.55 565,864
Basic Materials

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