Guggenheim S&P 500® Pure Value ETF
NAV $48.59
Change $0.79 | 1.65%
As Of 10/2/15

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 $48.59
Change $0.79 | 1.65%


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


Volume 94,722
Last Sale Price $48.58
52-Week Range $56.10 / $46.72
Shares Outstanding 15,802,836
Total Net Assets $767,928,358.54

Overall Morningstar RatingTM *

as of 6/30/15

Among Large 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 36, 29, and 36 Large Value funds, respectively.

Market Close

Market Price $48.58
Premium / Discount -$0.01
Change $0.78 | 1.63%
High / Low $48.58 / $47.05

Historical Market Closes to NAV

  Days % of Total Days
Premium 1221 50.56%
Discount 930 38.51%
Equal to NAV 264 10.93%
Total 2,415 100%


Number of Stocks 117
Return on Equity (quarterly 9/30/15) 9.29%
Price to Earning (P/E) 12.83
Price to Book (P/B) 1.29
Dividend Amount $0.28
Ex-Dividend Date N/A


As of 9/30/15
Standard Deviation Sharpe Ratio Beta R-Squared
12.51 1.31 1.01 99.90

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.
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.


as of 10/2/2015
Total Assets $767,928,359
Number of Stocks 117
Percent Stock 99.93%
Percent Cash / Other 0.07%

Sectors / Industries

as of 10/2/15


as of 10/2/15

Security Name Ticker Shares
% of Net Assets Sector / Industry
VALERO ENERGY CORPORATION VLO 330,911 $20,880,484.10 2.72% Energy
ASSURANT, INC. AIZ 259,048 $20,270,506.00 2.64% Financials
BERKSHIRE HATHAWAY (CL.B) BRK/B 126,538 $16,428,428.54 2.14% Financials
TESORO CORPORATION TSO 151,572 $15,390,620.88 2.00% Energy
PHILLIPS 66-W/I PSX 185,358 $14,732,253.84 1.92% Energy
ANTHEM INC. ANTM 97,352 $13,809,381.20 1.80% Health Care
GAMESTOP CORP GME 332,155 $13,784,432.50 1.80% Consumer Discretionary
GENERAL MOTORS C GM 423,696 $13,443,874.08 1.75% Consumer Discretionary
TYSON FOODS, INC. TSN 289,841 $12,866,041.99 1.68% Consumer Staples
MARATHON PETROLEUM CORP MPC 263,934 $12,771,766.26 1.66% Energy
UNUM GROUP UNM 391,498 $12,508,361.10 1.63% Financials
HUMANA, INC. HUM 67,332 $12,356,095.32 1.61% Health Care
HARTFORD FINL SVCS GRP HIG 260,110 $11,941,650.10 1.56% Financials
NEWFIELD EXPLORATION COMP NFX 336,097 $11,938,165.44 1.55% Energy
AMER INT'L GROUP, INC. AIG 200,521 $11,467,795.99 1.49% Financials
STAPLES INC SPLS 903,293 $10,975,009.95 1.43% Consumer Discretionary
METLIFE INC MET 232,332 $10,912,634.04 1.42% Financials
JACOBS ENGINEERING GROUP JEC 291,365 $10,897,051.00 1.42% Industrials
LEUCADIA NAT'L CORP. LUK 532,840 $10,486,291.20 1.37% Financials
PRUDENTIAL FINANCIAL, INC PRU 138,632 $10,452,852.80 1.36% Financials
BEST BUY CO., INC. BBY 275,617 $10,412,810.26 1.36% Consumer Discretionary
FORD MOTOR COMPANY F 742,723 $10,390,694.77 1.35% Consumer Discretionary
ARCHER DANIELS MIDLAND ADM 235,732 $9,999,751.44 1.30% Consumer Staples
GOODYEAR TIRE & RUBBER CO GT 336,321 $9,830,662.83 1.28% Consumer Discretionary
HESS CORPORATION HES 167,225 $8,978,310.25 1.17% Energy
LINCOLN NATIONAL CORP LNC 188,055 $8,874,315.45 1.16% Financials
LOEWS CORP L 237,081 $8,428,229.55 1.10% Financials
XL GROUP PLC XL 230,737 $8,373,445.73 1.09% Financials
FIRST SOLAR, INC. FSLR 176,270 $8,013,234.20 1.04% Information Technology
SUNTRUST BANKS, INC. STI 189,670 $7,262,464.30 0.95% Financials
CITIGROUP, INC. C 144,495 $7,207,410.60 0.94% Financials
CARDINAL HEALTH, INC. CAH 91,419 $7,187,361.78 0.94% Health Care
FLUOR CORPORATION FLR 166,562 $7,062,228.80 0.92% Industrials
ZIONS BANCORPORATION ZION 257,710 $7,040,637.20 0.92% Financials
GENWORTH FINANCIAL, INC. GNW 1,483,718 $6,988,311.78 0.91% Financials
JP MORGAN CHASE & CO. JPM 113,311 $6,890,441.91 0.90% Financials
PEOPLE'S UNITED FINANCIAL PBCT 440,488 $6,787,920.08 0.88% Financials
NEWS CORPORATION NWSA 494,043 $6,442,320.72 0.84% Consumer Discretionary
XEROX CORP XRX 643,007 $6,333,618.95 0.82% Information Technology
MORGAN STANLEY MS 199,749 $6,278,111.07 0.82% Financials
CHEVRON CORPORATION CVX 75,401 $6,148,951.55 0.80% Energy
BANK OF AMERICA CORP BAC 398,092 $6,122,654.96 0.80% Financials
TRAVELERS COS INC TRV 60,856 $6,087,425.68 0.79% Financials
BAKER HUGHES, INC. BHI 113,967 $6,080,139.45 0.79% Energy
CAPITAL ONE FINANCIAL COF 83,371 $6,075,244.77 0.79% Financials
DEVON ENERGY CORP DVN 148,554 $6,049,118.88 0.79% Energy
MARATHON OIL CORPORATION MRO 361,130 $6,016,425.80 0.78% Energy
AFLAC INC AFL 102,177 $5,974,289.19 0.78% Financials
PROGRESSIVE CORP/THE PGR 186,452 $5,791,199.12 0.75% Financials
FIRSTENERGY CORPORATION FE 185,560 $5,743,082.00 0.75% Utilities
PNC FINANCIAL SERVICES PNC 65,004 $5,730,752.64 0.75% Financials
KOHL'S CORP KSS 124,893 $5,670,142.20 0.74% Consumer Discretionary
COMPUTER SCIENCES CORP CSC 90,778 $5,663,639.42 0.74% Information Technology
NASDAQ OMX GROUP INC/THE NDAQ 107,609 $5,663,461.67 0.74% Financials
DIAMOND OFFSHORE DRILLING DO 311,160 $5,660,000.40 0.74% Energy
CHUBB CORPORATION CB 46,149 $5,659,251.87 0.74% Financials
SYSCO CORP SYY 142,555 $5,616,667.00 0.73% Consumer Staples
EXELON CORPORATION EXC 185,525 $5,532,355.50 0.72% Utilities
GOLDMAN SACHS GROUP INC GS 31,047 $5,495,629.47 0.72% Financials
CHESAPEAKE ENERGY CO CHK 691,206 $5,453,615.34 0.71% Energy
KEYCORP KEY 413,645 $5,369,112.10 0.70% Financials
CONSOLIDATED EDISON INC ED 80,301 $5,351,258.64 0.70% Utilities
CINCINNATI FIN. CORP CINF 96,805 $5,233,278.30 0.68% Financials
ACE LIMITED ACE 49,905 $5,126,241.60 0.67% Financials
FIFTH THIRD BANCORP FITB 269,035 $5,025,573.80 0.65% Financials
ENSCO INTERNATIONAL INC ESV 341,358 $4,973,586.06 0.65% Energy
TARGET CORPORATION TGT 61,563 $4,896,105.39 0.64% Consumer Discretionary
L-3 COMMUNICATIONS HOLDIN LLL 45,699 $4,810,276.74 0.63% Industrials
AES CORPORATION AES 475,979 $4,802,628.11 0.63% Utilities
MURPHY OIL CORPORATION MUR 184,767 $4,787,312.97 0.62% Energy
APACHE CORP APA 111,386 $4,746,157.46 0.62% Energy
OWENS-ILLINOIS, INC. OI 219,231 $4,691,543.40 0.61% Materials
PG&E CORPORATION PCG 87,789 $4,652,817.00 0.61% Utilities
COMERICA, INC. CMA 110,641 $4,611,516.88 0.60% Financials
TORCHMARK CORPORATION TMK 79,231 $4,477,343.81 0.58% Financials
CONOCOPHILLIPS COP 87,144 $4,460,901.36 0.58% Energy
COSTCO WHOLESALE CORP. COST 30,310 $4,421,016.60 0.58% Consumer Staples
NEWMONT MINING CORP. NEM 258,580 $4,413,960.60 0.57% Materials
BB&T CORPORATION BBT 122,967 $4,396,070.25 0.57% Financials
ENTERGY CORPORATION ETR 65,730 $4,330,949.70 0.56% Utilities
NATIONAL-OILWELL VARCO NOV 112,363 $4,275,412.15 0.56% Energy
NRG ENERGY INC NRG 286,898 $4,266,173.26 0.56% Utilities
BANK OF NY MELLON BK 108,458 $4,248,299.86 0.55% Financials
WAL-MART STORES, INC WMT 64,105 $4,165,542.90 0.54% Consumer Staples
PRINCIPAL FINANCIAL GROUP PFG 86,369 $4,113,755.47 0.54% Financials
EXXON MOBIL CORPORATION XOM 54,076 $4,103,286.88 0.53% Energy
HEWLETT-PACKARD CO HPQ 156,058 $4,068,432.06 0.53% Information Technology
HUDSON CITY BANCORP, INC. HCBK 412,707 $4,019,766.18 0.52% Financials
TECO ENERGY, INC. TE 149,611 $3,972,172.05 0.52% Utilities
TRANSOCEAN LTD. RIG 291,323 $3,950,339.88 0.51% Energy
AVERY DENNISON AVY 64,122 $3,813,976.56 0.50% Materials
OCCIDENTAL PETROLEUM CORP OXY 55,402 $3,811,103.58 0.50% Energy
CARNIVAL CORPORATION CCL 76,469 $3,805,097.44 0.50% Consumer Discretionary
HUNTINGTON BANCSHARES INC HBAN 352,007 $3,724,234.06 0.48% Financials
SCANA CORPORATION SCG 65,177 $3,655,777.93 0.48% Utilities
AT&T, INC. T 111,728 $3,646,801.92 0.47% Telecommunication Services
RYDER SYSTEM, INC. R 50,744 $3,630,733.20 0.47% Industrials
HALLIBURTON COMPANY HAL 98,632 $3,629,657.60 0.47% Energy
DTE ENERGY COMPANY DTE 44,847 $3,614,668.20 0.47% Utilities
XCEL ENERGY, INC. XEL 100,985 $3,567,800.05 0.46% Utilities
JUNIPER NETWORKS, INC. JNPR 130,924 $3,557,205.08 0.46% Information Technology
AMEREN CORP AEE 80,181 $3,393,259.92 0.44% Utilities
LYONDELLBASELL-A LYB 38,095 $3,368,740.85 0.44% Materials
AMERICAN ELECTRIC POWER AEP 58,983 $3,321,922.56 0.43% Utilities
HELMERICH & PAYNE INC HP 66,561 $3,280,126.08 0.43% Energy
WHIRLPOOL CORPORATION WHR 21,444 $3,186,578.40 0.41% Consumer Discretionary
DUKE ENERGY CORPORATION DUK 44,267 $3,185,453.32 0.41% Utilities
PINNACLE WEST CAP CORP PNW 49,590 $3,169,792.80 0.41% Utilities
FREEPORT-MCMORAN COPPER-B FCX 293,450 $3,116,439.00 0.41% Materials
DEERE & CO DE 41,852 $3,079,051.64 0.40% Industrials
PEPCO HOLDINGS INC. POM 123,585 $3,063,672.15 0.40% Utilities
DOW CHEMICAL COMPANY DOW 68,358 $3,038,513.10 0.40% Materials
JOHNSON CONTROL JCI 70,705 $2,992,942.65 0.39% Consumer Discretionary
NUCOR CORPORATION NUE 76,829 $2,919,502.00 0.38% Materials
CENTURYLINK CTL 115,121 $2,837,732.65 0.37% Telecommunication Services
NEWS CORP - CLASS B NWS 141,836 $1,863,725.04 0.24% Consumer Discretionary
JOY GLOBAL, INC. JOY 67,475 $1,016,173.50 0.13% Industrials


*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