The investment seeks to provide investment results that correlate, to 150% of the performance of the Russell 2000® Index for small-cap securities on a daily basis.
The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index, ETFs and derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform similarly to the securities of companies included in the underlying index. The fund is non-diversified.
The average market capitalization across the Rydex Russell 2000 1.5x Strategy H MF is 6.64B. The market cap for tickers in the group ranges from 6.43B to 15.23B. SMCI holds the highest valuation in this group at 15.23B. The lowest valued company is SPSC at 6.43B.
The average weekly volume growth across all stocks in the Rydex Russell 2000 1.5x Strategy H MF was 2%. For the same stocks of the MF, the average monthly volume growth was -2% and the average quarterly volume growth was 20%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 65
P/E Growth Rating: 50
Price Growth Rating: 52
SMR Rating: 51
Profit Risk Rating: 59
Seasonality Score: -6 (-100 ... +100)