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RYMEX
Mutual Fund ticker: NASDAQ
AS OF
Dec 19 closing price
Price
$29.23
Change
-$0.07 (-0.24%)
Net Assets
3.78M

RYMEX Rydex Commodities Strategy A Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Industry description

The investment seeks to provide investment results that correlate, before fees and expenses, to the performance of the S&P GSCI® Commodity Index. The fund seeks exposure to the performance of the commodities markets. It will invest in exchange-traded products, including investment companies and commodity pools, that provide exposure to the commodities markets and in commodity-linked derivative instruments, which primarily consist of swap agreements, commodity options, and futures and options on futures. The fund also may invest up to 25% of its total assets in a wholly-owned and controlled Cayman Islands subsidiary. It is non-diversified.
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A.I. Advisor
published General Information

General Information

Category CommoditiesBroadBasket

Profile
Fundamentals
Details
Category
Commodities Broad Basket
Address
Rydex Series Funds9601 Blackwell Road,Suite 500Rockville
Phone
N/A
Web
www.rydex-sgi.com
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RYMEX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, RYMEX has been closely correlated with FIFGX. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if RYMEX jumps, then FIFGX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RYMEX
1D Price
Change %
RYMEX100%
-0.24%
FIFGX - RYMEX
98%
Closely correlated
-0.29%
PCLIX - RYMEX
95%
Closely correlated
N/A
PCLNX - RYMEX
95%
Closely correlated
N/A
PCLPX - RYMEX
95%
Closely correlated
N/A
PCPCX - RYMEX
95%
Closely correlated
N/A
More