Strengthening Dollar is trading at 57.24 as of the 29th of November 2024; that is 1.65 percent decrease since the beginning of the trading day. The fund's open price was 58.2. Strengthening Dollar has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Strengthening Dollar 2x are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of September 2024 and ending today, the 29th of November 2024. Click here to learn more.
The fund employs as its investment strategy a program of investing in derivative instruments, which primarily consist of index swaps, futures contracts, and options on securities, securities indices, and futures contracts. The U.S. Dollar Index measures the performance of the U.S. More on Strengthening Dollar 2x
Strengthening Dollar 2x [RYSJX] is traded in USA and was established 29th of November 2024. Strengthening Dollar is listed under Rydex Funds category by Fama And French industry classification. The fund is listed under Trading--Miscellaneous category and is part of Rydex Funds family. This fund at this time has accumulated 6.99 M in assets with no minimum investment requirementsStrengthening Dollar is currently producing year-to-date (YTD) return of 17.92% with the current yeild of 0.05%, while the total return for the last 3 years was 10.29%.
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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 Strengthening 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 Strengthening 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 Strengthening Dollar 2x 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 Strengthening Dollar 2x Mutual Fund Constituents
Other Information on Investing in Strengthening Mutual Fund
Strengthening Dollar financial ratios help investors to determine whether Strengthening 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 Strengthening with respect to the benefits of owning Strengthening Dollar security.