Rydex S&P 500 Pure Growth H (RYAWX)
Rydex S&P 500 Pure Growth H operates in the Asset Management industry of the Financial Services sector, headquartered in Rockville, MD, US. The stock last traded at $135.74, up 0.23% on the session, giving a market capitalisation of $31.2M. Its beta of 1.21 implies it has historically moved more than the broad market.
This fund's primary investment approach focuses on acquiring common stocks of companies whose market capitalization aligns with a specific underlying index, alongside using derivative instruments. It commits at least 80% of its total net assets, including any capital borrowed for investment purposes, to securities from that underlying index, various derivatives, and other financial instruments designed to mirror the index's performance. Notably, this fund is classified as non-diversified.
Rydex S&P 500 Pure Growth H is most often compared with the following Financial Services names: