Basic Fund Data
Fund Provider:	Rydex Investments
Asset Class:	Equity
Fund Category:	Inverse
Ticker:	RRZ
Expense Ratio:	0.70%
Fund Category Expense Ratio Average:	0.90%
Options:	No
Fund Inception Date:	11-05-2007
Fund Structure:	Open-Ended
Fund Weighting Restrictions:	Non-diversified Fund Rules
Fund Tracking Method:	Full Replication
Dividend Payment Frequency:
Basic Index Data
Index Name:	Russell 2000 Growth Index (2x inverse)
Index Provider:	Russell Investment Group
No of Index Holdings:	Under 100
Explanation of Index Strategy
Security Selection Category:	Passive
Security Selection Method:	Company Size
Security Selection Frequency:	Ongoing
Index Weighting Category:	Fixed Weight
Index Weighting Method:	Leveraged Inverse x2
Index Weighting Frequency:	Daily

Market Price Return
1-Year:	-50.98%
3-Year annualized:
5-Year annualized:
10-Year annualized:
Annual Performance History
2009:	-48.16
2008:	35.13
2007:
2006:
2005:
2004:
2003:
2002:
2001:
2000:
Data as of 10/31/09

Fundamentals
Assets MM:	$18.5
P/E Ratio:
P/B Ratio:
Median Market Cap:
12-month yield:	0%
Data as of 10/31/09

Risk / 3-Year Average
Alpha:	-2.89
Beta:	-2.25
Standard Deviation:	15.88
Sharpe Ratio:
Data as of 10/31/09

Index Snapshot:

The Rydex Inverse 2x Russell 2000 ETF (Ticker: RRZ) seeks investment results that correspond generally to the performance, before fees and expenses, of TWICE (200%) the INVERSE (opposite) daily performance of the Russell 2000 Index. A combination of individual securities, futures contracts, options, and swap agreements is used to attain the inverse leveraged performance of the underlying index. Russell ranks each common U.S. stock from the largest to the smallest market capitalization. The top 3,000 stocks become the Russell 3,000 Index. The largest 1,000 stocks become the Russell 1000 Index. The next 2,000 stocks become the Russell 2000 Index. The smallest 1,000 in the Russell 2000 index plus the next smallest 1,000 comprise the Russell MicroCap Index. The index is market cap-weighted (float adjusted) and includes only common stocks incorporated in the United States and its territories. The index is reconstituted annually in June.