5 Worst Performing Mutual Funds in 2023

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1. Rydex Inverse NASDAQ-100 2x Strategy C (NASDAQ:RYCDX)

Year to Date Return: -45.74%

The strong performance of the NASDAQ 100 index this year has ensured that inverse funds are left in the dust. This is also the case with the Rydex Inverse NASDAQ-100 2x Strategy C (NASDAQ:RYCDX) fund, which is down by more than 45% year to date. The fund is part of the Rydex Funds fund family and it has $95.9 million in net assets.

Disclosure: None. You can also take a look at Hedge Funds Selling Energy Stocks: 10 Most Sold Clean Energy Stocks and 10 Best EV, Battery and Autonomous Driving ETFs.

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