Weakening US Dollar Hedge

[kagame]

RYDEX SER DYNAMIC WEAKENING (RYWBX)

Apparently it performs inverse the dollar x2

Anyone have any of this? Seems like a genius general investments hedge. Commodities only inversely correlate to the dollar so far...

"The investment seeks to provide investment results that will match 200%the performance of the US Dollar index. The fund employs as its investment strategy a program of investing in derivative instruments, such as index swaps, futures contracts and options on securities, and futures contracts.On a day-to-day basis, the fund holds U.S. Government securities or cash equivalents to collateralize these futures and options contracts. It also may enter into repurchase agreements. The fund is a nondiversified enhanced index fund."

from:

RYWBX-MSN