Biotechnology Fund Investor Fund Quote
RYOIX Fund | USD 78.05 10.66 15.82% |
Performance0 of 100
| Odds Of DistressLess than 24
|
Biotechnology Fund is trading at 78.05 as of the 16th of December 2024; that is 15.82 percent up since the beginning of the trading day. The fund's open price was 67.39. Biotechnology Fund has about a 24 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 16th of November 2024 and ending today, the 16th of December 2024. Click here to learn more.
Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Biotechnology 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. More on Biotechnology Fund Investor
Biotechnology Mutual Fund Highlights
Fund Concentration | Rydex Funds, Large Funds, Health Funds, Health, Rydex Funds, Large, Health (View all Sectors) |
Update Date | 31st of December 2024 |
Expense Ratio Date | 19th of August 2022 |
Fiscal Year End | March |
Biotechnology Fund Investor [RYOIX] is traded in USA and was established 16th of December 2024. Biotechnology Fund is listed under Rydex Funds category by Fama And French industry classification. The fund is listed under Health category and is part of Rydex Funds family. This fund at this time has accumulated 117.21 M in assets with no minimum investment requirementsBiotechnology Fund is currently producing year-to-date (YTD) return of 6.68%, while the total return for the last 3 years was 0.37%.
Check Biotechnology Fund Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Biotechnology Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Biotechnology Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Biotechnology Fund Investor Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Biotechnology Fund Investor Mutual Fund Constituents
NKTR | Nektar Therapeutics | Stock | Health Care | |
IQV | IQVIA Holdings | Stock | Health Care | |
HZNP | Horizon Pharma PLC | Stock | Health Care | |
VRTX | Vertex Pharmaceuticals | Stock | Health Care | |
SGEN | Seagen Inc | Stock | Health Care | |
REGN | Regeneron Pharmaceuticals | Stock | Health Care | |
MRNA | Moderna | Stock | Health Care | |
INCY | Incyte | Stock | Health Care |
Biotechnology Fund Risk Profiles
Mean Deviation | 1.24 | |||
Standard Deviation | 2.81 | |||
Variance | 7.91 | |||
Risk Adjusted Performance | 0.0064 |
Biotechnology Fund Against Markets
Other Information on Investing in Biotechnology Mutual Fund
Biotechnology Fund financial ratios help investors to determine whether Biotechnology Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Biotechnology with respect to the benefits of owning Biotechnology Fund security.
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