Rydex Financial Services Inv (RYFIX)
Rydex Financial Services Inv operates in the Asset Management industry of the Financial Services sector, headquartered in Rockville, MD, US. The stock last traded at $113.09, up 0.02% on the session, giving a market capitalisation of $11.8M. Its beta of 0.96 implies it has historically moved less than the broad market.
This fund primarily dedicates at least 80% of its net assets to equity investments in financial services companies whose shares are traded within the United States. It also strategically employs derivative instruments, mainly consisting of futures contracts and options that reference individual securities, other futures, or broader stock market indices. A significant portion of its holdings may be directed toward financial services firms with small to mid-sized market capitalizations. Additionally, the fund has the flexibility to acquire American Depositary Receipts (ADRs) to gain exposure to international financial services entities and can invest in U.S. government debt obligations.
Rydex Financial Services Inv is most often compared with the following Financial Services names: