Rydex S&P SmallCap 600 Pure Growth H (RYWAX)
Rydex S&P SmallCap 600 Pure Growth H operates in the Asset Management industry of the Financial Services sector, headquartered in Rockville, MD, US. The stock last traded at $70.38, up 0.50% on the session, giving a market capitalisation of $5.3M. Its beta of 1.03 implies it has historically moved more than the broad market.
This fund is mandated to invest at least 80% of its net assets, along with any borrowed funds, into holdings that either comprise or mirror the performance of its underlying index. This specific index draws its constituents from the broader S&P SmallCap 600®, pinpointing companies that demonstrate the strongest growth attributes. These attributes are assessed using a trio of metrics: their rate of sales expansion, the relationship between earnings changes and stock price, and their market momentum. Notably, this fund operates as a non-diversified investment vehicle.
Rydex S&P SmallCap 600 Pure Growth H is most often compared with the following Financial Services names: