Rydex Retailing Inv
RYRIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Rockville, MD 20850 Rockville MD United States of America 20850
- IPO Date
- Mar 31, 1998
- CIK
- 0000899148
- Website
- guggenheiminvestments.com
- Similar Companies
- Business
- Rydex Retailing Fund (RYRIX) is a sector mutual fund that invests primarily in equity securities of companies engaged in the retailing industry. The fund offers investors focused exposure to the retail sector through a diversified portfolio of common stocks, preferred stocks, and other equity-related instruments issued by U.S. and foreign retailers; it employs a quantitative investment approach managed by Guggenheim Partners Investment Management, LLC, tracking the performance of the S&P Retail Select Industry Index as its benchmark. Products and services encompass active management of retail-focused equities, including department stores, specialty retailers, discount chains, and e-commerce platforms; the fund provides share classes for retail investors with features such as daily liquidity, dividend reinvestment, and expense ratios tailored for long-term sector allocation strategies. Headquartered in Chicago, Illinois, and founded in 1998 as part of the Rydex family of funds (subsequently acquired by Guggenheim Partners in 2011), the fund operates globally with primary exposure to U.S.-listed retail equities but includes international holdings where applicable. It targets institutional and individual investors seeking sector-specific growth in consumer discretionary spending, with assets under management fluctuating based on market conditions in the retailing segment. Recent developments include portfolio adjustments in response to 2024 retail sector consolidation, such as increased weighting toward e-commerce and discount retailers amid economic pressures; the fund benefited from strategic shifts following Guggenheim's ongoing enhancements to its quantitative models in late 2024, improving risk-adjusted returns through refined sector indexing. No major acquisitions, funding rounds, or name changes have occurred within the last two years, though the fund continues to adapt to retailing megatrends like omnichannel strategies and supply chain optimizations.