Nova Fund Class Fund Quote
| RYNCX Fund | USD 126.74 0.31 0.25% |
PerformanceFair
| Odds Of DistressLow
|
Nova Fund is trading at 126.74 as of the 13th of January 2026; that is 0.25 percent increase since the beginning of the trading day. The fund's open price was 126.43. Nova Fund has about a 20 % 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. The performance scores are derived for the period starting the 14th of December 2025 and ending today, the 13th of January 2026. Click here to learn more.
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 and leveraged derivative instruments. The index is a capitalization-weighted index composed of 500 common stocks, which are chosen by the Standard Poors Corporation on a statistical basis, and which generally represent large-capitalization companies with capitalizations ranging from 6.7 billion to 3. More on Nova Fund Class
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Nova Mutual Fund Highlights
| Fund Concentration | Rydex Funds, Large Blend Funds, Trading--Leveraged Equity Funds, Trading--Leveraged Equity, Rydex Funds (View all Sectors) |
| Update Date | 31st of December 2025 |
| Expense Ratio Date | 1st of August 2025 |
| Fiscal Year End | March |
Nova Fund Class [RYNCX] is traded in USA and was established 13th of January 2026. Nova Fund is listed under Rydex Funds category by Fama And French industry classification. The fund is listed under Trading--Leveraged Equity category and is part of Rydex Funds family. This fund at this time has accumulated 259.72 M in assets with no minimum investment requirementsNova Fund Class is currently producing year-to-date (YTD) return of 2.55% with the current yeild of 0.01%, while the total return for the last 3 years was 28.71%.
Check Nova 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 Nova 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 Nova 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 Nova Fund Class 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 Nova Fund Class Mutual Fund Constituents
| RYIFX | Guggenheim Managed Futures | Mutual Fund | Systematic Trend | |
| AAPL | Apple Inc | Stock | Information Technology | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| FB | ProShares Trust ProShares | Etf | Internet Content & Information | |
| GIYIX | Guggenheim Ultra Short | Mutual Fund | Ultrashort Bond | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| JNJ | Johnson Johnson | Stock | Health Care |
Nova Fund Class Risk Profiles
| Mean Deviation | 0.8652 | |||
| Semi Deviation | 1.29 | |||
| Standard Deviation | 1.18 | |||
| Variance | 1.38 |
Nova Fund Against Markets
Other Information on Investing in Nova Mutual Fund
Nova Fund financial ratios help investors to determine whether Nova 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 Nova with respect to the benefits of owning Nova Fund security.
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