RYBKX Rydex Banking A Forecast, Technical & Fundamental Analysis

The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), Citigroup (NYSE:C), Capital One Financial (NYSE:COF), PNC Financial Services Group (NYSE:PNC), Bank of New York Mellon Corp (NYSE:BK), US Bancorp (NYSE:USB).

The investment seeks to provide capital appreciation by investing in companies that are involved in the banking sector, including commercial banks (and their holding companies) and savings and loan institutions ("Banking Companies"). The fund invests substantially all (at least 80%) of its net assets in equity securities of Banking Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Banking Companies that have small to mid-sized capitalizations.

The average market capitalization across the Rydex Banking A MF is 248.06B. The market cap for tickers in the group ranges from 61.21B to 895.33B. JPM holds the highest valuation in this group at 895.33B. The lowest valued company is NU at 61.21B.

The average weekly volume growth across all stocks in the Rydex Banking A MF was -15%. For the same stocks of the MF, the average monthly volume growth was 32% and the average quarterly volume growth was 184%