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Rydex Electronics A (RYELX) Fund Ranking and Research

Ranking, Research and Recommendation of Rydex Electronics A (RYELX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Rydex Electronics A Fund (RYELX) ManagerFund Manager - Michael P. Byrum

Fund Manager Information

Fund Manager Tenure: 21.6 years
Fund Family: Rydex Funds
Fund Category: Technology
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.51)     (What does this score mean?)
Byrum is president and CIO of Rydex Investments, his employer since its foundation in 1993. He has ultimate responsibility for the management of the funds. He was named the president of Rydex Investments in 2004 and has served as chief investment officer since 2003. He was named Vice President of Portfolio for Rydex Investments in 1998, and Executive Vice President in 2000. Prior to joining Rydex Investments, Mr. Byrum worked for Money Management Associates, the investment adviser for Rushmore Funds, Inc. Prior to joining Rydex Advisors, LLC, Mr. Byrum worked for Money Management Associates, Rydex Advisors, LLC for Rushmore Funds, Inc. He holds a degree in finance from Miami University of Ohio and is a member of the CFA Institute and the Washington Society of Investment Analysts.  Get more insights on Michael P. Byrum

 

Graph of Rydex Electronics A Fund (RYELX) ProfileRydex Electronics A Fund (RYELX) Profile

Fund Profile and Description

Rydex Electronics A Fund seeks capital appreciation. Rydex Electronics A Fund invests substantially at least 80% of its net assets in equity securities of Electronics Companies that are traded in the United States and derivatives. Electronics Companies include companies involved in the manufacture and development of semiconductors, connectors, printed circuit boards and other components; equipment vendors to electronic component manufacturers; electronic component distributors; electronic instruments and electronic systems vendors; and also include companies involved in all aspects of the electronics business and in new technologies or specialty areas. It is non-diversified.

 

Rydex Electronics A (RYELX) Fund Strength What we like about Rydex Electronics A (RYELX) Fund

Data for Rydex Electronics A Fund (RYELX) as of May 30, 2016

  • Rydex Electronics A Fund (RYELX) management has been with Rydex Electronics A Fund for 21.6 years
  • Rydex Electronics A Fund (RYELX) ratio of up-years vs down years is greater than 2

Rydex Electronics A Fund (RYELX) Weakness What we are cautious about Rydex Electronics A (RYELX) Fund

Data for Rydex Electronics A Fund (RYELX) as of May 30, 2016

  • Rydex Electronics A Fund (RYELX) has a less-than-ideal short-term performance (1-year return -7.36% vs -1.99% Technology category median performance)
  • Rydex Electronics A Fund (RYELX) has a less-than-ideal mid-term performance (3-year return 13.34% vs 13.35% Technology category median performance)
  • Rydex Electronics A Fund (RYELX) has a less-than-ideal Long-term performance (5-year return 5.94% vs 9.50% Technology category median performance)
  • Rydex Electronics A Fund (RYELX) has a Morningstar rating of 3 and below
  • Rydex Electronics A Fund (RYELX) has an annual stock turnover rate of 562.00% that is higher than the Technology average of 81.69%. This could mean Rydex Electronics A is more nimble, but also signal potential high tax impact and high trading fees
  • Rydex Electronics A Fund (RYELX) is more volatile than its peers as it has a 3-year Standard Deviation of 18.18 that is higher than category average of 15.15
  • Rydex Electronics A Fund (RYELX) has a higher expense ratio of 1.61% than its Technology average of 1.42%
  • Rydex Electronics A Fund (RYELX) carries a 4.75% load
  • As a Technology focused fund, Rydex Electronics A Fund (RYELX) is less diversified and has inherited sector risks associated with the fund
  • Asset base in Rydex Electronics A Fund (RYELX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See Rydex Electronics A Fund (RYELX) performance details as of May 30, 2016

 

What do you think?

 

Compare Rydex Electronics A Fund (RYELX)Compare with other top Technology category mutual funds

Aadditional top Technology mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Rydex Electronics A2.16-7.3613.345.94
Columbia Global Technology Growth A (CTCAX)1.593.1819.2411.85Compare
Fidelity Advisor Electronics A (FELAX)5.06-2.3419.8311.26Compare
Columbia Seligman Global Technology Z (CSGZX)1.63-1.8917.3311.27Compare

See top fund managers for Technology Category Funds

 

Compare Rydex Electronics A Fund (RYELX)Compare with Technology category ETFs

Some Technology ETFs for your consideration

ETFYear to DateOne YearThree Year
iShares North American Tech-Software (IGV)3.09%6.24%15.80%
PowerShares S&P SmallCap Info Tech ETF (PSCT)7.49%5.76%16.31%
iShares North American Tech (IGM)2.23%5.58%14.88%
SPDR Morgan Stanley Technology ETF (MTK)0.30%4.39%13.37%
Vanguard Information Technology ETF (VGT)1.95%1.19%14.39%

 

Graph of Rydex Electronics A Fund (RYELX) Net Asset TrackingRydex Electronics A (RYELX) Fund Net Asset

Track net asset change of Rydex Electronics A fund (RYELX)

DateNet Asset
05/2016$9.39M
03/2016$22.05M
02/2016$27.43M
More historic net asset information on Rydex Electronics A Fund (RYELX)

  

Graph of Rydex Electronics A Fund (RYELX) Portfolio TrackingRydex Electronics A (RYELX) Fund Portfolio Allocation

Track portfolio allocation change of Rydex Electronics A fund (RYELX)

DateCashStockBondOther
04/20160.17%99.83%0%0%
03/20160.6%99.4%0%0%
01/20161.56%98.44%0%0%
Click here to see more historic asset allocation information on Rydex Electronics A Fund (RYELX)

 

graph of Rydex Electronics A Fund (RYELX) Top 10 Position TrackingTop 10 Holdings in Rydex Electronics A (RYELX) Fund

Discover what Rydex Electronics A Fund (RYELX) manager is buying

Apr 29, 2016
Intel Corporation [8.6%]
QUALCOMM Incorporated [6.42%]
Texas Instruments Incorporated [5.6%]
Broadcom Limited [5.57%]
Applied Materials, Inc. [3.56%]
NVIDIA Corporation [3.43%]
NXP Semiconductors N.V. [3.33%]
Analog Devices, Inc. [3.01%]
Taiwan Semiconductor Manufacturing Co Ltd ADR [2.72%]
Microchip Technology Incorporat [2.53%]

Mar 30, 2016
Intel Corporation [8.67%]
QUALCOMM Incorporated [6.12%]
Broadcom Limited [5.49%]
Texas Instruments Incorporated [5.32%]
Applied Materials, Inc. [3.47%]
NVIDIA Corporation [3.16%]
NXP Semiconductors N.V. [2.95%]
Analog Devices, Inc. [2.95%]
Taiwan Semiconductor Manufacturing Co Ltd ADR [2.85%]
Skyworks Solutions, Inc. [2.7%]

Jan 30, 2016
Intel Corporation [8.7%]
Texas Instruments Incorporated [5.43%]
Broadcom Corporation [4.38%]
Avago Technologies Ltd [4.27%]
Applied Materials, Inc. [3.42%]
NXP Semiconductors N.V. [3.16%]
Analog Devices, Inc. [3.1%]
NVIDIA Corporation [2.88%]
Xilinx, Inc. [2.85%]
Taiwan Semiconductor Manufacturing Co Ltd ADR [2.71%]
Click here for Stock Holding Change Map in Rydex Electronics A Fund (RYELX)

  

Latest News on Rydex Electronics A (RYELX) Fund

See what is happening with Rydex Electronics A Fund (RYELX)

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Rydex Electronics A Fund (RYELX) Related ResourcesSee more information on Rydex Electronics A (RYELX) Fund

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