RYINX Rydex Internet A Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Cisco Systems (NASDAQ:CSCO), Netflix Inc. (NASDAQ:NFLX), Salesforce (NYSE:CRM), Booking Holdings Inc. (NASDAQ:BKNG), Uber Technologies (NYSE:UBER), Adobe (NASDAQ:ADBE).

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Internet 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 Internet Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Internet Companies and U.S. government securities.

The average market capitalization across the Rydex Internet A MF is 1.01T. The market cap for tickers in the group ranges from 89.93B to 4.36T. GOOGL holds the highest valuation in this group at 4.36T. The lowest valued company is ABNB at 89.93B.

The average weekly volume growth across all stocks in the Rydex Internet A MF was 41%. For the same stocks of the MF, the average monthly volume growth was 17% and the average quarterly volume growth was -24%