Rydex S&P MidCap 400 Pure Value H (RYAVX)
Rydex S&P MidCap 400 Pure Value H operates in the Asset Management industry of the Financial Services sector, headquartered in Rockville, MD, US. The stock last traded at $91.34, up 0.08% on the session, giving a market capitalisation of $7.3M. Its beta of 1.11 implies it has historically moved more than the broad market.
This fund allocates a minimum of 80% of its net assets, alongside any borrowed capital for investment, to either securities of companies included in its benchmark index or to financial instruments and derivatives designed to replicate the index's performance. The underlying index is composed of companies from the S&P MidCap 400® that exhibit the most significant "value" attributes. These characteristics are quantitatively assessed using three metrics: the ratios of a company's book value, earnings, and sales relative to its share price. This particular fund is classified as non-diversified.
Rydex S&P MidCap 400 Pure Value H is most often compared with the following Financial Services names: