RPV

Guggenheim S&P 500® Pure Value ETF
NAV $54.66
Change $0.11 | 0.20%
As Of 9/18/14

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 $54.66
Change $0.11 | 0.20%


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 150,881
Last Sale Price $54.70
52-Week Range $54.98 / $43.43
Shares Outstanding 24,802,836
Total Net Assets $1,355,717,198.60

Overall Morningstar RatingTM *

as of 6/30/14

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 $54.70
Premium / Discount $0.04
Change $0.13 | 0.24%
High / Low $54.80 / $54.61


Historical Market Closes to NAV

  Days % of Total Days
Premium 1127 52.35%
Discount 812 37.71%
Equal to NAV 214 9.94%
Total 2,153 100%


Characteristics

Number of Stocks 117
Return on Equity (quarterly 6/30/14) 9.88%
Price to Earning (P/E) 15.31
Price to Book (P/B) 1.41
Dividend Amount $0.21
Ex-Dividend Date N/A

Risk

As of 8/29/14
Standard Deviation Sharpe Ratio Beta R-Squared
15.26 1.81 0.98 99.72

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 9/18/2014
Total Assets $1,355,717,199
Number of Stocks 117
Percent Stock 99.91%
Percent Cash / Other 0.09%

Sectors / Industries

as of 9/18/14

Holdings

as of 9/18/14

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
ALCOA INC AA 2,384,963 $38,636,400.60 2.85% Materials
BERKSHIRE HATHAWAY (CL.B) BRK/B 228,141 $32,231,760.48 2.38% Financials
WELLPOINT, INC. WLP 263,223 $32,155,321.68 2.37% Health Care
ARCHER DANIELS MIDLAND ADM 461,826 $24,042,661.56 1.77% Consumer Staples
HUMANA, INC. HUM 180,406 $24,026,471.08 1.77% Health Care
NABORS INDUSTRIES, LTD. NBR 995,971 $23,863,465.16 1.76% Energy
VALERO ENERGY CORPORATION VLO 451,550 $21,502,811.00 1.59% Energy
XEROX CORP XRX 1,534,114 $21,293,502.32 1.57% Information Technology
HEWLETT-PACKARD CO HPQ 572,100 $21,173,421.00 1.56% Information Technology
ASSURANT, INC. AIZ 319,357 $21,004,109.89 1.55% Financials
PHILLIPS 66-W/I PSX 241,829 $20,770,692.81 1.53% Energy
TYSON FOODS, INC. TSN 522,753 $20,272,361.34 1.50% Consumer Staples
JABIL CIRCUIT, INC. JBL 927,724 $20,038,838.40 1.48% Information Technology
HESS CORPORATION HES 197,428 $19,294,638.44 1.42% Energy
NRG ENERGY INC NRG 602,706 $18,563,344.80 1.37% Utilities
MURPHY OIL CORPORATION MUR 320,044 $18,466,538.80 1.36% Energy
TESORO CORPORATION TSO 290,381 $17,817,778.16 1.31% Energy
AMER INT'L GROUP, INC. AIG 310,856 $17,510,518.48 1.29% Financials
HARTFORD FINL SVCS GRP HIG 457,825 $17,301,206.75 1.28% Financials
UNUM GROUP UNM 473,212 $17,229,648.92 1.27% Financials
EXELON CORPORATION EXC 509,061 $17,196,080.58 1.27% Utilities
XL GROUP PLC XL 490,406 $16,693,420.24 1.23% Financials
AETNA INC AET 198,737 $16,676,021.67 1.23% Health Care
PEPCO HOLDINGS INC. POM 611,304 $16,615,242.72 1.23% Utilities
ALLSTATE CORP ALL 264,489 $16,482,954.48 1.22% Financials
METLIFE INC MET 290,580 $16,240,516.20 1.20% Financials
GENWORTH FINANCIAL, INC. GNW 1,216,193 $16,126,719.18 1.19% Financials
ENTERGY CORPORATION ETR 208,042 $15,777,905.28 1.16% Utilities
KROGER COMPANY KR 295,808 $15,526,961.92 1.15% Consumer Staples
RYDER SYSTEM, INC. R 161,537 $15,118,247.83 1.12% Industrials
INTEGRYS ENERGY GROUP INC TEG 218,043 $14,545,648.53 1.07% Utilities
GENERAL MOTORS C GM 414,022 $14,089,168.66 1.04% Consumer Discretionary
STAPLES INC SPLS 1,064,169 $13,876,763.76 1.02% Consumer Discretionary
L-3 COMMUNICATIONS HOLDIN LLL 116,188 $13,418,552.12 0.99% Industrials
AUTONATION INC AN 256,731 $13,278,127.32 0.98% Consumer Discretionary
CAPITAL ONE FINANCIAL COF 155,206 $12,986,086.02 0.96% Financials
COMPUTER SCIENCES CORP CSC 215,151 $12,736,939.20 0.94% Information Technology
MORGAN STANLEY MS 351,679 $12,706,162.27 0.94% Financials
FORD MOTOR COMPANY F 754,665 $12,512,345.70 0.92% Consumer Discretionary
FRONTIER COMMUNICATIONS FTR 1,904,810 $12,457,457.40 0.92% Telecommunication Services
KOHL'S CORP KSS 196,846 $12,302,875.00 0.91% Consumer Discretionary
SUNTRUST BANKS, INC. STI 295,877 $11,870,585.24 0.88% Financials
UNITEDHEALTH GROUP INC. UNH 133,222 $11,674,243.86 0.86% Health Care
LOEWS CORP L 261,988 $11,270,723.76 0.83% Financials
BANK OF AMERICA CORP BAC 654,090 $11,145,693.60 0.82% Financials
EXPRESS SCRIPTS HLDGS ESRX 145,845 $10,880,037.00 0.80% Health Care
CARDINAL HEALTH, INC. CAH 143,390 $10,814,473.80 0.80% Health Care
SYSCO CORP SYY 283,365 $10,767,870.00 0.79% Consumer Staples
GOLDMAN SACHS GROUP INC GS 56,613 $10,637,016.57 0.78% Financials
PNC FINANCIAL SERVICES PNC 119,746 $10,530,463.24 0.78% Financials
CVS CAREMARK CORP CVS 128,344 $10,418,965.92 0.77% Consumer Staples
EDISON INTERNATIONAL EIX 179,330 $10,349,134.30 0.76% Utilities
JP MORGAN CHASE & CO. JPM 168,467 $10,330,396.44 0.76% Financials
FIRSTENERGY CORPORATION FE 300,852 $10,319,223.60 0.76% Utilities
CENTURYLINK CTL 253,472 $10,270,685.44 0.76% Telecommunication Services
APACHE CORP APA 105,207 $10,206,131.07 0.75% Energy
TRAVELERS COS INC TRV 106,299 $10,075,019.22 0.74% Financials
TARGET CORPORATION TGT 156,213 $9,986,697.09 0.74% Consumer Discretionary
D.R.HORTON, INC. DHI 442,571 $9,807,373.36 0.72% Consumer Discretionary
MOLSON COORS BREWING CO TAP 126,770 $9,747,345.30 0.72% Consumer Staples
ALLEGHENY TECHNOLOGIES ATI 225,472 $9,478,842.88 0.70% Materials
BANK OF NY MELLON BK 233,195 $9,386,098.75 0.69% Financials
AES CORPORATION AES 647,255 $9,365,779.85 0.69% Utilities
CORNING, INC. GLW 450,692 $9,351,859.00 0.69% Information Technology
NASDAQ OMX GROUP INC/THE NDAQ 211,340 $9,238,728.10 0.68% Financials
ACE LIMITED ACE 85,956 $9,230,814.84 0.68% Financials
FLUOR CORPORATION FLR 130,860 $9,226,938.60 0.68% Industrials
PG&E CORPORATION PCG 199,168 $9,141,811.20 0.67% Utilities
JACOBS ENGINEERING GROUP JEC 169,623 $8,995,107.69 0.66% Industrials
BAKER HUGHES, INC. BHI 132,398 $8,989,824.20 0.66% Energy
CONSOLIDATED EDISON INC ED 153,137 $8,672,148.31 0.64% Utilities
XCEL ENERGY, INC. XEL 273,025 $8,452,854.00 0.62% Utilities
MARATHON OIL CORPORATION MRO 209,771 $8,248,195.72 0.61% Energy
CHEVRON CORPORATION CVX 66,422 $8,245,627.08 0.61% Energy
PUBLIC SVC ENTERPRISE GRP PEG 215,275 $8,128,784.00 0.60% Utilities
WHIRLPOOL CORPORATION WHR 52,794 $8,124,468.66 0.60% Consumer Discretionary
SCANA CORPORATION SCG 161,809 $8,079,123.37 0.60% Utilities
CARNIVAL CORPORATION CCL 200,866 $8,056,735.26 0.59% Consumer Discretionary
DTE ENERGY COMPANY DTE 105,825 $8,016,243.75 0.59% Utilities
DOW CHEMICAL COMPANY DOW 145,843 $7,815,726.37 0.58% Materials
DENBURY RESOURCES INC DNR 493,044 $7,740,790.80 0.57% Energy
PULTE HOMES, INC. PHM 404,844 $7,724,423.52 0.57% Consumer Discretionary
AGL RESOURCES INC GAS 146,496 $7,691,040.00 0.57% Utilities
WAL-MART STORES, INC WMT 100,877 $7,688,844.94 0.57% Consumer Staples
PPL CORPORATION PPL 229,805 $7,647,910.40 0.56% Utilities
PINNACLE WEST CAP CORP PNW 133,013 $7,480,651.12 0.55% Utilities
HUDSON CITY BANCORP, INC. HCBK 709,042 $7,210,957.14 0.53% Financials
TRANSOCEAN LTD. RIG 204,489 $7,187,788.35 0.53% Energy
DUKE ENERGY CORPORATION DUK 96,151 $7,065,175.48 0.52% Utilities
NORTHEAST UTILITIES NU 154,266 $6,982,079.16 0.52% Utilities
ENSCO INTERNATIONAL INC ESV 154,299 $6,928,025.10 0.51% Energy
JOY GLOBAL, INC. JOY 116,096 $6,875,205.12 0.51% Industrials
BB&T CORPORATION BBT 173,762 $6,712,426.06 0.50% Financials
AMERICAN ELECTRIC POWER AEP 124,223 $6,551,521.02 0.48% Utilities
CONOCOPHILLIPS COP 81,426 $6,511,637.22 0.48% Energy
COSTCO WHOLESALE CORP. COST 50,695 $6,411,903.60 0.47% Consumer Staples
INTL PAPER COMPANY IP 126,774 $6,211,926.00 0.46% Materials
MOSAIC COMPANY MOS 129,982 $6,074,058.86 0.45% Materials
MACY'S, INC. M 100,183 $6,067,082.48 0.45% Consumer Discretionary
NOBLE CORP NE 243,745 $5,966,877.60 0.44% Energy
TECO ENERGY, INC. TE 345,284 $5,966,507.52 0.44% Utilities
WELLS FARGO & COMPANY WFC 109,351 $5,821,847.24 0.43% Financials
CHUBB CORPORATION CB 59,939 $5,558,143.47 0.41% Financials
BEMIS COMPANY, INC. BMS 141,105 $5,504,506.05 0.41% Materials
CMS ENERGY CORP CMS 183,545 $5,401,729.35 0.40% Utilities
EXXON MOBIL CORPORATION XOM 54,446 $5,260,028.06 0.39% Energy
CINCINNATI FIN. CORP CINF 108,079 $5,212,650.17 0.38% Financials
STANLEY BLACK & DECKER SWK 55,541 $5,190,861.86 0.38% Industrials
DEERE & CO DE 59,815 $5,033,432.25 0.37% Industrials
M&T BANK CORP MTB 38,709 $4,921,462.26 0.36% Financials
FREEPORT-MCMORAN COPPER-B FCX 140,085 $4,806,316.35 0.35% Materials
NUCOR CORPORATION NUE 81,033 $4,707,206.97 0.35% Materials
PROGRESSIVE CORP/THE PGR 184,223 $4,692,159.81 0.35% Financials
CONAGRA FOODS INC CAG 138,537 $4,638,218.76 0.34% Consumer Staples
QUEST DIAGNOSTICS, INC. DGX 73,078 $4,608,298.68 0.34% Health Care
AFLAC INC AFL 74,361 $4,364,247.09 0.32% Financials
AVERY DENNISON AVY 87,630 $4,198,353.30 0.31% Materials

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.

2014 Guggenheim Investments. All Rights Reserved.
• Not FDIC Insured • No Bank Guarantee • May Lose Value