Rydex S&P 500 Pure Value H (RYZAX)
Rydex S&P 500 Pure Value H operates in the Asset Management industry of the Financial Services sector, headquartered in Rockville, MD, US. The stock last traded at $143.60, up 0.05% on the session, giving a market capitalisation of $10.0M. Its beta of 0.82 implies it has historically moved less than the broad market.
This fund is designed to allocate a substantial portion—at least 80%—of its net assets, including any funds borrowed for investment, into shares of companies that are part of its benchmark index. It may also invest in derivatives and other financial vehicles intended to replicate the performance of that index. The benchmark itself is a curated subset of the S&P 500®, specifically comprising companies that exhibit the most compelling 'value' traits. These value attributes are identified by assessing three key financial metrics: the ratios of book value, earnings, and sales relative to their market price. It is important to note that this fund operates as a non-diversified investment vehicle.
Rydex S&P 500 Pure Value H is most often compared with the following Financial Services names: