RPV

Guggenheim S&P 500® Pure Value ETF
NAV $53.38
Change $0.45 | 0.85%
As Of 1/26/15

Investment Objectives

Seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500 Pure Value Index.


Net Asset Value

Net Asset Value $53.38
Change $0.45 | 0.85%


Summary


Ticker RPV
CUSIP 78355W304
Asset Class Style
Inception Date 3/1/06
Gross Expense Ratio 0.35%
IOPV Ticker RPV.IV
Related Index Ticker SPXPV
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

Volume 140,172
Last Sale Price $53.39
52-Week Range $55.68 / $46.69
Shares Outstanding 20,652,836
Total Net Assets $1,102,520,878.39

Overall Morningstar RatingTM *

as of 9/30/14

Among Mid-Cap Value Funds

The fund was rated, based on its risk-adjusted returns, 5 stars for 3 years, 5 stars for 5 years, and 5 stars Overall out of 14, 12 and 14 Mid-Cap Value funds, respectively.

Market Close

Market Price $53.39
Premium / Discount $0.01
Change $0.48 | 0.91%
High / Low $53.39 / $52.66


Historical Market Closes to NAV

  Days % of Total Days
Premium 1162 51.85%
Discount 848 37.84%
Equal to NAV 231 10.31%
Total 2,241 100%


Characteristics

Number of Stocks 123
Return on Equity (quarterly 12/31/14) 10.30%
Price to Earning (P/E) 13.76
Price to Book (P/B) 1.26
Dividend Amount $0.20
Ex-Dividend Date N/A

Risk

As of 12/31/14
Standard Deviation Sharpe Ratio Beta R-Squared
13.16 2.08 1.01 99.87

Risk Definitions

Standard Deviation A statistical measure of the historical volatility of an investment, computed using 36 monthly returns. More generally, a measure of the extent to which numbers are spread around their average. The higher the number, the more volatility is to be expected.
Sharpe Ratio A risk-adjusted measure developed by William F. Sharpe, calculated using standard deviation and excess return to determine reward per unit of risk. The higher the Sharpe ratio, the better the fund's risk-adjusted performance.
Beta Beta is a statistical measure of volatility relative to the overall market, usually the S&P 500. A positive beta indicates movement in the same direction as the market, while a negative beta indicates movement inverse to the market. Beta for the market is generally considered to be 1. A beta above 1 or below -1 indicates more volatility than the market. A beta between 1 to -1 indicates less volatility than the market.
R-Squared
A measurement of how closely an investment's performance correlates with the performance of a benchmark, such as the S&P 500, and thus a measurement of what portion of its performance may be explained by the performance of the overall market or index. Values for R-squared range from 0 to 100, where 0 indicates no correlation and 100 indicates perfect correlation.

Overview

as of 1/26/2015
Total Assets $1,102,520,878
Number of Stocks 123
Percent Stock 99.90%
Percent Cash / Other 0.10%

Sectors / Industries

as of 1/26/15

Holdings

as of 1/26/15

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
BERKSHIRE HATHAWAY (CL.B) BRK/B 153,441 $22,970,117.70 2.08% Financials
VALERO ENERGY CORPORATION VLO 401,235 $20,539,219.65 1.86% Energy
ASSURANT, INC. AIZ 314,100 $20,532,717.00 1.86% Financials
NABORS INDUSTRIES, LTD. NBR 1,753,637 $20,008,998.17 1.81% Energy
STAPLES INC SPLS 1,095,228 $18,476,496.36 1.68% Consumer Discretionary
GENERAL MOTORS C GM 513,715 $17,312,195.50 1.57% Consumer Discretionary
CHESAPEAKE ENERGY CO CHK 838,067 $16,878,669.38 1.53% Energy
ANTHEM INC ANTM 118,032 $16,371,038.40 1.48% Health Care
NOBLE CORP NE 965,949 $16,256,921.67 1.47% Energy
PHILLIPS 66-W/I PSX 224,743 $15,372,421.20 1.39% Energy
GAMESTOP CORP GME 402,734 $15,368,329.44 1.39% Consumer Discretionary
UNUM GROUP UNM 474,688 $15,322,928.64 1.39% Financials
LEUCADIA NAT'L CORP. LUK 646,064 $15,195,425.28 1.38% Financials
TESORO CORPORATION TSO 183,773 $14,885,613.00 1.35% Energy
HESS CORPORATION HES 202,756 $14,527,467.40 1.32% Energy
TYSON FOODS, INC. TSN 351,425 $14,517,366.75 1.32% Consumer Staples
DENBURY RESOURCES INC DNR 2,083,874 $14,503,763.04 1.32% Energy
JACOBS ENGINEERING GROUP JEC 353,283 $14,120,721.51 1.28% Industrials
MARATHON PETROLEUM CORP MPC 160,018 $14,111,987.42 1.28% Energy
ARCHER DANIELS MIDLAND ADM 285,820 $13,802,247.80 1.25% Consumer Staples
METLIFE INC MET 281,701 $13,744,191.79 1.25% Financials
SAFEWAY, INC. SWY 389,471 $13,670,432.10 1.24% Consumer Staples
FORD MOTOR COMPANY F 900,536 $13,580,082.88 1.23% Consumer Discretionary
PRUDENTIAL FINANCIAL, INC PRU 168,085 $13,572,863.75 1.23% Financials
GENWORTH FINANCIAL, INC. GNW 1,798,979 $13,222,495.65 1.20% Financials
HARTFORD FINL SVCS GRP HIG 315,386 $12,631,209.30 1.15% Financials
AMER INT'L GROUP, INC. AIG 243,113 $12,449,816.73 1.13% Financials
HUMANA, INC. HUM 81,630 $12,407,760.00 1.13% Health Care
DIAMOND OFFSHORE DRILLING DO 377,281 $12,378,589.61 1.12% Energy
ENSCO INTERNATIONAL INC ESV 413,893 $12,060,842.02 1.09% Energy
NEWS CORPORATION NWSA 771,528 $11,989,545.12 1.09% Consumer Discretionary
BEST BUY CO., INC. BBY 334,184 $11,973,812.72 1.09% Consumer Discretionary
MARATHON OIL CORPORATION MRO 437,863 $11,940,524.01 1.08% Energy
LINCOLN NATIONAL CORP LNC 228,014 $11,938,813.04 1.08% Financials
NEWFIELD EXPLORATION COMP NFX 407,498 $11,528,118.42 1.05% Energy
LOEWS CORP L 287,457 $11,366,049.78 1.03% Financials
FLUOR CORPORATION FLR 201,953 $11,131,649.36 1.01% Industrials
DEVON ENERGY CORP DVN 180,121 $11,117,068.12 1.01% Energy
XEROX CORP XRX 779,645 $10,712,322.30 0.97% Information Technology
GOODYEAR TIRE & RUBBER CO GT 407,783 $10,581,968.85 0.96% Consumer Discretionary
MURPHY OIL CORPORATION MUR 224,033 $10,500,426.71 0.95% Energy
XL GROUP PLC XL 279,774 $9,971,145.36 0.90% Financials
CHEVRON CORPORATION CVX 91,427 $9,954,571.76 0.90% Energy
FIRST SOLAR, INC. FSLR 213,734 $9,440,630.78 0.86% Information Technology
CARDINAL HEALTH, INC. CAH 110,855 $9,394,961.25 0.85% Health Care
FIRSTENERGY CORPORATION FE 224,982 $9,303,005.70 0.84% Utilities
KOHL'S CORP KSS 151,423 $9,301,914.89 0.84% Consumer Discretionary
SUNTRUST BANKS, INC. STI 229,967 $9,157,285.94 0.83% Financials
QEP RESOURCES IN QEP 442,513 $9,142,318.58 0.83% Energy
NRG ENERGY INC NRG 347,862 $8,884,395.48 0.81% Utilities
APACHE CORP APA 135,047 $8,706,480.09 0.79% Energy
CITIGROUP, INC. C 175,203 $8,565,674.67 0.78% Financials
MORGAN STANLEY MS 242,201 $8,503,677.11 0.77% Financials
EXELON CORPORATION EXC 224,936 $8,399,110.24 0.76% Utilities
BAKER HUGHES, INC. BHI 138,170 $8,142,358.10 0.74% Energy
CAPITAL ONE FINANCIAL COF 101,077 $7,903,210.63 0.72% Financials
TRAVELERS COS INC TRV 73,774 $7,898,982.18 0.72% Financials
NATIONAL-OILWELL VARCO NOV 136,229 $7,865,862.46 0.71% Energy
ZIONS BANCORPORATION ZION 312,477 $7,849,422.24 0.71% Financials
JP MORGAN CHASE & CO. JPM 137,373 $7,798,665.21 0.71% Financials
PEOPLE'S UNITED FINANCIAL PBCT 534,084 $7,797,626.40 0.71% Financials
NEWMONT MINING CORP. NEM 313,528 $7,678,300.72 0.70% Materials
BANK OF AMERICA CORP BAC 482,668 $7,650,287.80 0.69% Financials
HEWLETT-PACKARD CO HPQ 189,218 $7,349,227.12 0.67% Information Technology
AES CORPORATION AES 577,113 $7,346,648.49 0.67% Utilities
AFLAC INC AFL 123,889 $7,311,928.78 0.66% Financials
L-3 COMMUNICATIONS HOLDIN LLL 55,410 $7,079,735.70 0.64% Industrials
ENTERGY CORPORATION ETR 79,695 $7,079,306.85 0.64% Utilities
SYSCO CORP SYY 172,858 $7,075,077.94 0.64% Consumer Staples
COMPUTER SCIENCES CORP CSC 110,082 $7,011,122.58 0.64% Information Technology
FREEPORT-MCMORAN COPPER-B FCX 355,809 $6,959,624.04 0.63% Materials
CONOCOPHILLIPS COP 105,654 $6,954,146.28 0.63% Energy
WAL-MART STORES, INC WMT 77,729 $6,889,121.27 0.62% Consumer Staples
CONSOLIDATED EDISON INC ED 97,357 $6,854,906.37 0.62% Utilities
PNC FINANCIAL SERVICES PNC 78,810 $6,839,131.80 0.62% Financials
ACE LIMITED ACE 60,520 $6,832,708.00 0.62% Financials
GOLDMAN SACHS GROUP INC GS 37,649 $6,792,632.58 0.62% Financials
KEYCORP KEY 501,542 $6,760,786.16 0.61% Financials
PG&E CORPORATION PCG 106,434 $6,322,179.60 0.57% Utilities
OWENS-ILLINOIS, INC. OI 265,809 $6,233,221.05 0.57% Materials
CINCINNATI FIN. CORP CINF 117,381 $6,161,328.69 0.56% Financials
NASDAQ OMX GROUP INC/THE NDAQ 130,466 $6,075,801.62 0.55% Financials
PROGRESSIVE CORP/THE PGR 226,077 $6,074,688.99 0.55% Financials
EXXON MOBIL CORPORATION XOM 65,562 $6,015,969.12 0.55% Energy
FIFTH THIRD BANCORP FITB 326,187 $5,848,532.91 0.53% Financials
TRANSOCEAN LTD. RIG 353,227 $5,824,713.23 0.53% Energy
CHUBB CORPORATION CB 55,967 $5,780,831.43 0.52% Financials
COMERICA, INC. CMA 134,146 $5,698,522.08 0.52% Financials
TARGET CORPORATION TGT 74,636 $5,616,359.00 0.51% Consumer Discretionary
RYDER SYSTEM, INC. R 61,521 $5,562,113.61 0.50% Industrials
BB&T CORPORATION BBT 149,096 $5,515,061.04 0.50% Financials
CENTURYLINK CTL 139,584 $5,443,776.00 0.49% Telecommunication Services
OCCIDENTAL PETROLEUM CORP OXY 67,167 $5,394,853.44 0.49% Energy
WHIRLPOOL CORPORATION WHR 25,999 $5,279,616.93 0.48% Consumer Discretionary
COSTCO WHOLESALE CORP. COST 36,748 $5,251,472.94 0.48% Consumer Staples
HELMERICH & PAYNE INC HP 80,710 $5,184,810.40 0.47% Energy
PRINCIPAL FINANCIAL GROUP PFG 104,713 $5,165,492.29 0.47% Financials
SCANA CORPORATION SCG 79,036 $5,028,270.32 0.46% Utilities
TORCHMARK CORPORATION TMK 96,053 $4,978,426.99 0.45% Financials
HALLIBURTON COMPANY HAL 119,603 $4,958,740.38 0.45% Energy
DTE ENERGY COMPANY DTE 54,367 $4,943,591.31 0.45% Utilities
BANK OF NY MELLON BK 131,514 $4,921,253.88 0.45% Financials
DUKE ENERGY CORPORATION DUK 53,672 $4,752,655.60 0.43% Utilities
ALLEGHENY TECHNOLOGIES ATI 166,710 $4,711,224.60 0.43% Materials
HUDSON CITY BANCORP, INC. HCBK 500,409 $4,658,807.79 0.42% Financials
AMERICAN ELECTRIC POWER AEP 71,516 $4,617,788.12 0.42% Utilities
XCEL ENERGY, INC. XEL 122,450 $4,611,467.00 0.42% Utilities
AT&T, INC. T 135,462 $4,494,629.16 0.41% Telecommunication Services
AMEREN CORP AEE 97,224 $4,492,721.04 0.41% Utilities
DEERE & CO DE 50,746 $4,487,468.78 0.41% Industrials
PINNACLE WEST CAP CORP PNW 60,115 $4,340,904.15 0.39% Utilities
HUNTINGTON BANCSHARES INC HBAN 426,809 $4,340,647.53 0.39% Financials
CARNIVAL CORPORATION CCL 92,729 $4,336,008.04 0.39% Consumer Discretionary
NUCOR CORPORATION NUE 93,150 $4,129,339.50 0.37% Materials
AVERY DENNISON AVY 77,751 $4,119,247.98 0.37% Materials
PEPCO HOLDINGS INC. POM 149,839 $4,101,093.43 0.37% Utilities
JOHNSON CONTROL JCI 85,714 $4,062,843.60 0.37% Consumer Discretionary
TECO ENERGY, INC. TE 181,399 $3,939,986.28 0.36% Utilities
DOW CHEMICAL COMPANY DOW 82,878 $3,693,043.68 0.33% Materials
LYONDELLBASELL-A LYB 46,180 $3,660,688.60 0.33% Materials
JOY GLOBAL, INC. JOY 81,810 $3,567,734.10 0.32% Industrials
JUNIPER NETWORKS, INC. JNPR 158,753 $3,516,378.95 0.32% Information Technology
AVON PRODUCTS, INC. AVP 429,785 $3,507,045.60 0.32% Consumer Staples
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 332,937 $332,937.40 0.03% NA

Disclosure

*Morningstar category is based on the underlying securities of the ETF and not the objective. The Morningstar Rating™ is provided for those exchange-traded funds (“ETFs”) with at least a three-year history. Ratings are based on the ETF’s Morningstar Risk-Adjusted Return measure which accounts for variation in monthly performance, placing more emphasis on downward variations and rewarding consistent performance. An ETF’s risk-adjusted return includes a brokerage commission estimate. This estimate is intended to reflect what an average investor would pay when buying or selling an ETF. PLEASE NOTE, this estimate is subject to change and the actual brokerage commission an investor pays may be higher or lower than this estimate. Morningstar compares each ETF’s risk-adjusted return to the open-end mutual fund rating breakpoints for that category. Consistent with the open-end mutual fund ratings, the top 10% of ETFs in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The overall rating for an ETF is based on a weighted average of the time-period ratings (e.g., the ETF’s 3-, 5-, and 10-year rating). The determination of an ETF’s rating does not affect the retail open end mutual fund data published by Morningstar. Past performance is no guarantee of future results.

Performance displayed represents past performance, which is no guarantee of future results. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Total returns reflect the reinvestment of all dividends. Current performance may be lower or higher than the performance data quoted. For up-to-date fund performance, including performance current to the most recent month-end, please visit the ETF performance page. ETFs are subject to third party transaction fees/commissions. Net asset value (NAV) is calculated by subtracting total liabilities from total assets, then dividing by the number of shares outstanding. Market close is the last price at which shares are traded. Fund shares may trade at, above or below NAV. For additional information, see the fund’s prospectus.

Performance results for periods under one year are short-term and may not provide an adequate basis for evaluating the performance potential of the fund over varying market conditions or economic cycles.

Pure style ETFs may not be suitable for all investors. The ETFs are subject to the risk that large, medium and small-capitalization stocks may under-perform other segments of the equity market or the equity market as a whole •Value stocks are subject to the risk that the intrinsic value of the stock may never be realized by the market or that the price goes down. Growth stocks typically invest a high portion of their earnings back into their business and may lack the dividend yield that could cushion their decline in a market downturn. Growth stocks may be more volatile than other stocks because they are more sensitive to investor perceptions regarding the growth potential of the issuing company. • The Funds are subject to the risk that unanticipated early closings of securities exchanges and other financial markets may result in the Fund’s inability to buy or sell securities or other financial instruments on that day. • In certain circumstances, it may be difficult for the Funds to purchase and sell particular investments within a reasonable time at a fair price. • Investments in securities, in general, are subject to market risks that may cause their prices to fluctuate over time. An investment in the Funds may lose money. • Unlike many investment companies, the Funds are not actively "managed." This means that based on market and economic conditions, the Fund’s’ performance could be lower than other types of funds that may actively shift their portfolio assets to take advantage of market opportunities or to lessen the impact of a market decline. • Tracking error risk refers to the risk that the Advisor may not be able to cause the Funds’ performance to match or correlate to that of the Funds’ Underlying Index, either on a daily or aggregate basis. Tracking error risk may cause the Funds’ performance to be less than you expect. • Shares may trade below their net asset value ("NAV"). The NAV of shares will fluctuate with changes in the market value of the Funds’ holdings. In addition, although the Funds’ shares are currently listed on NYSE Arca, Inc. (the "Exchange"), there can be no assurance that an active trading market for shares will develop or be maintained. • Each Fund is considered nondiversified and can invest a greater portion of its assets in securities of individual issuers than a diversified Fund. As a result, changes in the market value of a single security could cause greater fluctuations in the value of fund shares than would occur in a more diversified Fund. •See Prospectus for more details


Composition is subject to change. Information provided is for illustration purposes only and may not reflect current investments by the fund. Referenced companies are not affiliated with Guggenheim Investments and Guggenheim Investments does not sponsor, endorse, sell or promote the referenced companies.

“Standard & Poor’s®”, “S&P®”, “S&P 500®”, “Standard & Poor’s 500”, “500”, “S&P MidCap 400”, “S&P SmallCap 600”, “S&P 500 Pure Value”, “S&P 500 Pure Growth”, “S&P MidCap 400 Pure Value”, “S&P MidCap 400 Pure Growth”, “S&P SmallCap 600 Pure Value”, and “S&P Small Cap 600 Pure Growth” are trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and have been licensed for use by Guggenheim Investments. Citigroup® is a registered trademark of Citigroup and/or its affiliates and has been licensed for use by S&P. The fund is not sponsored, endorsed, sold or promoted by S&P or Citigroup or their affiliates and neither S&P nor Citigroup or their affiliates make any representation, warranty or condition regarding the advisability of investing in the fund.
 

Read a prospectus and summary prospectus (if available) carefully before investing. It contains the investment objectives, risks, charges, expenses and other information, which should be considered carefully before investing. To obtain a prospectus and summary prospectus (if available) click here or contact us.

Guggenheim Investments represents the investment management businesses of Guggenheim Partners, LLC ("Guggenheim"), which includes Security Investors, LLC ("SI"), Guggenheim Funds Investment Advisors, LLC, ("GFIA") and Guggenheim Partners Investment Management ("GPIM") the investment advisers to the referenced funds. Securities offered through Guggenheim Funds Distributors, LLC, an affiliate of Guggenheim, SI, GFIA and GPIM.

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• Not FDIC Insured • No Bank Guarantee • May Lose Value