Sp 500 Pure Fund Quote

RYAWX Fund  USD 85.90  1.00  1.18%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 21

 
High
 
Low
Low
Sp 500 is trading at 85.90 as of the 6th of May 2024; that is 1.18% increase since the beginning of the trading day. The fund's open price was 84.9. Sp 500 has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Sp 500 Pure are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of April 2024 and ending today, the 6th of May 2024. Click here to learn more.
The fund employs as its investment strategy a program of investing in the common stock of companies that are within the capitalization range of the underlying index and derivative instruments. Rydex Series is traded on NASDAQ Exchange in the United States. More on Sp 500 Pure

Moving together with RYAWX Mutual Fund

  0.75RYBHX Sp Midcap 400PairCorr

Moving against RYAWX Mutual Fund

  0.87RYARX Inverse Sp 500PairCorr
  0.83RYAGX Inverse Mid CapPairCorr
  0.82RYAFX Inverse Russell 2000PairCorr
  0.79RYACX Inverse Nasdaq 100PairCorr
  0.78RYAIX Inverse Nasdaq 100PairCorr
  0.78RYALX Inverse Nasdaq 100PairCorr
  0.78RYAPX Inverse Nasdaq 100PairCorr

RYAWX Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sp 500's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sp 500 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationRydex Funds, Large Growth Funds, Large Growth, Rydex Funds (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date19th of August 2022
Fiscal Year EndMarch
Sp 500 Pure [RYAWX] is traded in USA and was established 6th of May 2024. Sp 500 is listed under Rydex Funds category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Rydex Funds family. This fund at this time has accumulated 34.67 M in assets with no minimum investment requirementsSp 500 Pure is currently producing year-to-date (YTD) return of 6.4%, while the total return for the last 3 years was -0.49%.
Check Sp 500 Probability Of Bankruptcy

Instrument Allocation

Top Sp 500 Pure Mutual Fund Constituents

INCYIncyteStockHealth Care
DVNDevon EnergyStockEnergy
ADSKAutodeskStockInformation Technology
PHMPulteGroupStockConsumer Discretionary
NRGNRG EnergyStockUtilities
TDGTransdigm Group IncorporatedStockIndustrials
CSXCSX CorporationStockIndustrials
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Sp 500 Pure Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sp 500 market risk premium is the additional return an investor will receive from holding Sp 500 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sp 500. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Sp 500's alpha and beta are two of the key measurements used to evaluate Sp 500's performance over the market, the standard measures of volatility play an important role as well.

Sp 500 Against Markets

Picking the right benchmark for Sp 500 mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sp 500 mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sp 500 is critical whether you are bullish or bearish towards Sp 500 Pure at a given time. Please also check how Sp 500's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Sp 500 without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Equity Forecasting

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How to buy RYAWX Mutual Fund?

Before investing in Sp 500, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sp 500. To buy Sp 500 fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sp 500. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Sp 500 fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Sp 500 Pure fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Sp 500 Pure fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Sp 500 Pure, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Sp 500 Pure?

The danger of trading Sp 500 Pure is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sp 500 is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sp 500. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sp 500 Pure is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sp 500 Pure. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Please note, there is a significant difference between Sp 500's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sp 500 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sp 500's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.