Guggenheim S&P 500® Pure Value ETF
NAV $45.13
Change -$0.32 | -0.70%
As Of 2/5/16

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 $45.13
Change -$0.32 | -0.70%


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


Volume 227,268
Last Sale Price $45.13
52-Week Range $56.11 / $42.90
Shares Outstanding 14,952,836
Total Net Assets $674,775,479.73

Overall Morningstar RatingTM *

as of 12/31/15

Among Large Value Funds

This Fund was rated, based on its risk-adjusted returns, 4 stars for 3 years, 5 stars for 5 years, and 5 stars Overall out of 41, 30, and 41 Large Value funds, respectively.

Market Close

Market Price $45.13
Premium / Discount $0.00
Change -$0.30 | -0.66%
High / Low $45.72 / $45.01

Historical Market Closes to NAV

  Days % of Total Days
Premium 1256 50.22%
Discount 957 38.26%
Equal to NAV 288 11.52%
Total 2,501 100%


Number of Stocks 115
Return on Equity (quarterly 12/31/15) 9.17%
Price to Earning (P/E) 11.35
Price to Book (P/B) 1.12
Dividend Amount $0.26
Ex-Dividend Date N/A


As of 1/29/16
Standard Deviation Sharpe Ratio Beta R-Squared
13.55 0.66 1.01 99.92


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.
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.
Return on Equity Measures a company’s profitability by demonstrating how much profit a company generates with money invested by shareholders. It is calculated by dividing a company’s 12 month net income by shareholder equity and is expressed as a percentage.
Price to Earns (P/E) The weighted average of each individual stock’s P/E ratio. The P/E ratio of a stock is calculated by dividing the current price of the stock by its trailing 12 month’s earnings per share.
Price to Book (P/B) The market price of a stock divided by the book value per share.


as of 2/5/2016
Total Assets $674,775,480
Number of Stocks 115
Percent Stock 99.80%
Percent Cash / Other 0.20%

Sectors / Industries

as of 2/5/16


as of 2/5/16

Security Name Ticker Shares
% of Net Assets Sector / Industry
NRG ENERGY INC NRG 1,446,991 $16,741,685.87 2.48% Utilities
HP INC HPQ 1,440,870 $14,279,021.70 2.12% Information Technology
ARCHER DANIELS MIDLAND ADM 390,845 $13,316,089.15 1.97% Consumer Staples
EXELON CORPORATION EXC 372,777 $12,264,363.30 1.82% Utilities
LEUCADIA NAT'L CORP. LUK 713,818 $11,442,502.54 1.70% Financials
NEWMONT MINING CORP. NEM 460,780 $11,247,639.80 1.67% Materials
ALCOA INC AA 1,367,816 $11,106,665.92 1.65% Materials
WAL-MART STORES, INC WMT 156,417 $10,479,939.00 1.55% Consumer Staples
ANTHEM INC. ANTM 79,927 $9,861,393.26 1.46% Health Care
FLUOR CORPORATION FLR 219,338 $9,835,115.92 1.46% Industrials
STAPLES INC SPLS 1,082,723 $9,657,889.16 1.43% Consumer Discretionary
AES CORPORATION AES 987,233 $9,625,521.75 1.43% Utilities
VALERO ENERGY CORPORATION VLO 165,012 $9,425,485.44 1.40% Energy
NATIONAL-OILWELL VARCO NOV 331,019 $9,424,110.93 1.40% Energy
BEST BUY CO., INC. BBY 330,374 $9,316,546.80 1.38% Consumer Discretionary
PRUDENTIAL FINANCIAL, INC PRU 142,176 $9,291,201.60 1.38% Financials
LOEWS CORP L 255,925 $9,287,518.25 1.38% Financials
JACOBS ENGINEERING GROUP JEC 249,778 $9,254,274.90 1.37% Industrials
METLIFE INC MET 236,003 $9,159,276.43 1.36% Financials
GENERAL MOTORS C GM 315,422 $9,002,143.88 1.33% Consumer Discretionary
QUANTA SERVICES, INC. PWR 460,201 $8,660,982.82 1.28% Industrials
GAMESTOP CORP GME 308,289 $8,271,393.87 1.23% Consumer Discretionary
XEROX CORP XRX 873,611 $8,264,360.06 1.22% Information Technology
CENTURYLINK CTL 307,098 $8,171,877.78 1.21% Telecommunication Services
FORD MOTOR COMPANY F 713,204 $8,166,185.80 1.21% Consumer Discretionary
KOHL'S CORP KSS 193,325 $8,131,249.50 1.21% Consumer Discretionary
ALLSTATE CORP ALL 126,651 $8,025,873.87 1.19% Financials
CONSOL ENERGY INC CNX 875,928 $7,970,944.80 1.18% Energy
TYSON FOODS, INC. TSN 138,351 $7,899,842.10 1.17% Consumer Staples
FIRSTENERGY CORPORATION FE 232,287 $7,828,071.90 1.16% Utilities
DIAMOND OFFSHORE DRILLING DO 406,539 $7,663,260.15 1.14% Energy
RYDER SYSTEM, INC. R 131,996 $7,539,611.52 1.12% Industrials
FIRST SOLAR, INC. FSLR 114,204 $7,431,254.28 1.10% Information Technology
AMER INT'L GROUP, INC. AIG 138,528 $7,393,239.36 1.10% Financials
HARTFORD FINL SVCS GRP HIG 181,669 $7,364,861.26 1.09% Financials
MACY'S, INC. M 172,159 $6,931,121.34 1.03% Consumer Discretionary
PHILLIPS 66-W/I PSX 86,685 $6,790,036.05 1.01% Energy
CARDINAL HEALTH, INC. CAH 84,912 $6,505,108.32 0.96% Health Care
CAPITAL ONE FINANCIAL COF 100,830 $6,388,588.80 0.95% Financials
AUTONATION INC AN 138,871 $6,353,348.25 0.94% Consumer Discretionary
REGIONS FINANCIAL CORP RF 814,524 $6,353,287.20 0.94% Financials
LINCOLN NATIONAL CORP LNC 176,528 $6,316,171.84 0.94% Financials
BANK OF AMERICA CORP BAC 483,792 $6,265,106.40 0.93% Financials
UNUM GROUP UNM 223,983 $6,199,849.44 0.92% Financials
CITIGROUP, INC. C 155,411 $6,194,682.46 0.92% Financials
MCKESSON CORPORATION MCK 38,567 $5,953,202.12 0.88% Health Care
WESTROCK CO. WRK 175,109 $5,848,640.60 0.87% Materials
TRANSOCEAN LTD. RIG 567,323 $5,832,080.44 0.86% Energy
CHEVRON CORPORATION CVX 70,136 $5,812,871.68 0.86% Energy
FRONTIER COMMUNICATIONS FTR 1,231,337 $5,762,657.16 0.85% Telecommunication Services
NISOURCE INC NI 261,554 $5,487,402.92 0.81% Utilities
TENET HEALTHCARE CORP THC 208,626 $5,405,499.66 0.80% Health Care
MOSAIC COMPANY MOS 211,963 $5,269,400.18 0.78% Materials
NUCOR CORPORATION NUE 130,549 $5,211,516.08 0.77% Materials
NEWS CORPORATION NWSA 467,687 $5,191,325.70 0.77% Consumer Discretionary
DUKE ENERGY CORPORATION DUK 65,607 $5,185,577.28 0.77% Utilities
UNITED CONTINENTAL HOLDIN UAL 108,434 $5,081,217.24 0.75% Industrials
SUNTRUST BANKS, INC. STI 143,902 $4,938,716.64 0.73% Financials
CONSOLIDATED EDISON INC ED 67,342 $4,851,317.68 0.72% Utilities
MARATHON PETROLEUM CORP MPC 149,825 $4,839,347.50 0.72% Energy
KEYCORP KEY 444,693 $4,802,684.40 0.71% Financials
NAVIENT CORP NAVI 494,236 $4,700,184.36 0.70% Financials
GOLDMAN SACHS GROUP INC GS 29,740 $4,653,417.80 0.69% Financials
JP MORGAN CHASE & CO. JPM 78,588 $4,538,457.00 0.67% Financials
CORNING, INC. GLW 246,471 $4,520,278.14 0.67% Information Technology
PVH CORP PVH 60,152 $4,506,587.84 0.67% Consumer Discretionary
TRAVELERS COS INC TRV 42,340 $4,500,318.60 0.67% Financials
ZIONS BANCORPORATION ZION 204,703 $4,427,725.89 0.66% Financials
WHIRLPOOL CORPORATION WHR 31,941 $4,402,108.62 0.65% Consumer Discretionary
CHUBB LTD CB 38,536 $4,325,666.00 0.64% Financials
ENTERGY CORPORATION ETR 58,798 $4,246,391.56 0.63% Utilities
URBAN OUTFITTERS INC URBN 180,721 $4,228,871.40 0.63% Consumer Discretionary
BERKSHIRE HATHAWAY (CL.B) BRK/B 33,361 $4,222,168.16 0.63% Financials
HELMERICH & PAYNE INC HP 82,487 $4,147,446.36 0.61% Energy
PULTE HOMES, INC. PHM 252,700 $4,101,321.00 0.61% Consumer Discretionary
PUBLIC SVC ENTERPRISE GRP PEG 95,031 $4,077,780.21 0.60% Utilities
CUMMINS INC CMI 40,550 $4,014,450.00 0.59% Industrials
COMERICA, INC. CMA 115,879 $4,005,937.03 0.59% Financials
PNC FINANCIAL SERVICES PNC 47,797 $3,994,395.29 0.59% Financials
SYSCO CORP SYY 91,518 $3,941,680.26 0.58% Consumer Staples
DTE ENERGY COMPANY DTE 45,317 $3,917,654.65 0.58% Utilities
LEGG MASON, INC. LM 141,085 $3,896,767.70 0.58% Financials
FIFTH THIRD BANCORP FITB 251,040 $3,848,443.20 0.57% Financials
SCANA CORPORATION SCG 59,454 $3,838,350.24 0.57% Utilities
AFLAC INC AFL 65,663 $3,822,243.23 0.57% Financials
AMERICAN ELECTRIC POWER AEP 60,588 $3,807,349.92 0.56% Utilities
WESTERN DIGITAL CORP WDC 82,651 $3,790,374.86 0.56% Information Technology
PEOPLE'S UNITED FINANCIAL PBCT 264,217 $3,765,092.25 0.56% Financials
TARGET CORPORATION TGT 54,057 $3,760,204.92 0.56% Consumer Discretionary
EATON CORP ETN 68,251 $3,730,599.66 0.55% Industrials
WHOLE FOODS MARKET, INC. WFM 123,660 $3,609,635.40 0.53% Consumer Staples
EDISON INTERNATIONAL EIX 54,988 $3,480,190.52 0.52% Utilities
PEPCO HOLDINGS INC. POM 130,830 $3,478,769.70 0.52% Utilities
PRINCIPAL FINANCIAL GROUP PFG 93,561 $3,443,980.41 0.51% Financials
BB&T CORPORATION BBT 107,013 $3,430,836.78 0.51% Financials
PACCAR INC PCAR 67,301 $3,372,453.11 0.50% Industrials
AMEREN CORP AEE 72,205 $3,356,810.45 0.50% Utilities
HESS CORPORATION HES 84,520 $3,213,450.40 0.48% Energy
PINNACLE WEST CAP CORP PNW 45,476 $3,116,015.52 0.46% Utilities
CENTERPOINT ENERGY INC CNP 164,576 $3,102,257.60 0.46% Utilities
CATERPILLAR INC CAT 45,612 $3,015,865.44 0.45% Industrials
PG&E CORPORATION PCG 52,614 $2,959,011.36 0.44% Utilities
GAP INC GPS 122,215 $2,905,050.55 0.43% Consumer Discretionary
FREEPORT-MCMORAN COPPER-B FCX 502,760 $2,855,676.80 0.42% Materials
EVERSOURCE ENERGY ES 52,187 $2,852,541.42 0.42% Utilities
XCEL ENERGY, INC. XEL 71,893 $2,841,930.29 0.42% Utilities
EXPRESS SCRIPTS HLDGS ESRX 41,406 $2,808,983.04 0.42% Health Care
BAKER HUGHES, INC. BHI 56,643 $2,540,438.55 0.38% Energy
BED BATH & BEYOND BBBY 56,274 $2,443,417.08 0.36% Consumer Discretionary
TEXTRON INC TXT 72,183 $2,331,510.90 0.35% Industrials
BANK OF NY MELLON BK 66,042 $2,275,807.32 0.34% Financials
JOHNSON CONTROL JCI 62,749 $2,245,159.22 0.33% Consumer Discretionary
MARATHON OIL CORPORATION MRO 235,236 $1,990,096.56 0.29% Energy
OWENS-ILLINOIS, INC. OI 147,442 $1,902,001.80 0.28% Materials
NEWS CORP - CLASS B NWS 132,109 $1,574,739.28 0.23% Consumer Discretionary


*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.

© 2016 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. 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.


Subscribe to Perspectives

©2016 Guggenheim Investments. All Rights Reserved.

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