Rydex Retailing Inv (RYRIX)
Rydex Retailing Inv operates in the Asset Management industry of the Financial Services sector, headquartered in Rockville, MD, US. The stock last traded at $60.57, down 1.11% on the session, giving a market capitalisation of $6.2M. Its beta of 0.99 implies it has historically moved less than the broad market.
Typically, the fund commits at least 80% of its total assets to stocks of U.S.-listed companies within the retail sector, as well as to various derivative instruments. These derivatives largely encompass futures contracts and options, which may be based on individual securities, other futures, or broad stock market indices. A considerable portion of its holdings may also include shares of small and mid-capitalization retail enterprises. Furthermore, to diversify and access international retail opportunities, the fund is permitted to acquire American Depositary Receipts (ADRs). Additionally, U.S. government securities may be held.
Rydex Retailing Inv is most often compared with the following Financial Services names: