RPV

Guggenheim S&P 500® Pure Value ETF
NAV $55.11
Change $0.31 | 0.57%
As Of 12/19/14

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 $55.11
Change $0.31 | 0.57%


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 110,619
Last Sale Price $55.14
52-Week Range $55.33 / $46.69
Shares Outstanding 29,602,836
Total Net Assets $1,631,494,034.03

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 $55.14
Premium / Discount $0.03
Change $0.34 | 0.62%
High / Low $55.27 / $54.77


Historical Market Closes to NAV

  Days % of Total Days
Premium 1152 51.94%
Discount 839 37.83%
Equal to NAV 227 10.23%
Total 2,218 100%


Characteristics

Number of Stocks 115
Return on Equity (quarterly 9/30/14) 9.67%
Price to Earning (P/E) 15.39
Price to Book (P/B) 1.39
Dividend Amount $0.20
Ex-Dividend Date N/A

Risk

As of 11/28/14
Standard Deviation Sharpe Ratio Beta R-Squared
13.21 2.04 1.00 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 12/19/2014
Total Assets $1,631,494,034
Number of Stocks 115
Percent Stock 99.92%
Percent Cash / Other 0.08%

Sectors / Industries

as of 12/19/14

Holdings

as of 12/19/14

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
ALCOA INC AA 2,891,072 $46,083,687.68 2.82% Materials
BERKSHIRE HATHAWAY (CL.B) BRK/B 276,561 $41,915,585.16 2.57% Financials
ANTHEM INC ANTM 319,099 $40,828,717.05 2.50% Health Care
HUMANA, INC. HUM 218,663 $32,027,569.61 1.96% Health Care
ARCHER DANIELS MIDLAND ADM 559,780 $29,242,907.20 1.79% Consumer Staples
HEWLETT-PACKARD CO HPQ 693,500 $27,670,650.00 1.70% Information Technology
VALERO ENERGY CORPORATION VLO 547,336 $26,753,783.68 1.64% Energy
ASSURANT, INC. AIZ 387,152 $26,577,984.80 1.63% Financials
XEROX CORP XRX 1,859,619 $25,960,281.24 1.59% Information Technology
TYSON FOODS, INC. TSN 633,679 $25,486,569.38 1.56% Consumer Staples
TESORO CORPORATION TSO 351,960 $25,341,120.00 1.55% Energy
HARTFORD FINL SVCS GRP HIG 554,952 $23,285,785.92 1.43% Financials
EXELON CORPORATION EXC 617,074 $23,208,153.14 1.42% Utilities
KROGER COMPANY KR 358,514 $22,783,564.70 1.40% Consumer Staples
STAPLES INC SPLS 1,289,947 $22,638,569.85 1.39% Consumer Discretionary
ENTERGY CORPORATION ETR 252,206 $22,453,900.18 1.38% Utilities
ALLSTATE CORP ALL 320,573 $22,404,846.97 1.37% Financials
AETNA INC AET 240,939 $21,886,898.76 1.34% Health Care
PHILLIPS 66-W/I PSX 293,139 $21,050,311.59 1.29% Energy
AMER INT'L GROUP, INC. AIG 376,793 $21,017,513.54 1.29% Financials
INTEGRYS ENERGY GROUP INC TEG 264,273 $20,238,026.34 1.24% Utilities
UNUM GROUP UNM 573,664 $20,170,026.24 1.24% Financials
XL GROUP PLC XL 594,495 $19,939,362.30 1.22% Financials
PEPCO HOLDINGS INC. POM 740,987 $19,858,451.60 1.22% Utilities
NRG ENERGY INC NRG 730,632 $19,741,676.64 1.21% Utilities
MURPHY OIL CORPORATION MUR 387,943 $19,653,192.38 1.20% Energy
METLIFE INC MET 352,260 $18,958,633.20 1.16% Financials
AUTONATION INC AN 311,133 $18,219,948.48 1.12% Consumer Discretionary
RYDER SYSTEM, INC. R 195,862 $17,935,083.34 1.10% Industrials
HESS CORPORATION HES 239,298 $17,827,701.00 1.09% Energy
L-3 COMMUNICATIONS HOLDIN LLL 140,873 $17,658,430.55 1.08% Industrials
COMPUTER SCIENCES CORP CSC 260,762 $16,647,046.08 1.02% Information Technology
UNITEDHEALTH GROUP INC. UNH 161,521 $16,554,287.29 1.01% Health Care
GENERAL MOTORS C GM 501,811 $16,464,418.91 1.01% Consumer Discretionary
NABORS INDUSTRIES, LTD. NBR 1,207,350 $16,456,180.50 1.01% Energy
MORGAN STANLEY MS 426,333 $16,418,083.83 1.01% Financials
FRONTIER COMMUNICATIONS FTR 2,308,992 $15,516,426.24 0.95% Telecommunication Services
CAPITAL ONE FINANCIAL COF 188,173 $15,511,100.39 0.95% Financials
SUNTRUST BANKS, INC. STI 358,715 $15,048,094.25 0.92% Financials
CVS CAREMARK CORP CVS 155,610 $14,891,877.00 0.91% Consumer Staples
CARDINAL HEALTH, INC. CAH 173,756 $14,428,698.24 0.88% Health Care
EXPRESS SCRIPTS HLDGS ESRX 176,850 $14,319,544.50 0.88% Health Care
KOHL'S CORP KSS 238,635 $14,220,259.65 0.87% Consumer Discretionary
FIRSTENERGY CORPORATION FE 364,722 $14,122,035.84 0.87% Utilities
EDISON INTERNATIONAL EIX 217,380 $14,086,224.00 0.86% Utilities
TARGET CORPORATION TGT 189,387 $14,005,168.65 0.86% Consumer Discretionary
BANK OF AMERICA CORP BAC 792,902 $13,970,933.24 0.86% Financials
SYSCO CORP SYY 343,497 $13,901,323.59 0.85% Consumer Staples
FORD MOTOR COMPANY F 914,836 $13,749,985.08 0.84% Consumer Discretionary
TRAVELERS COS INC TRV 128,897 $13,630,857.75 0.84% Financials
D.R.HORTON, INC. DHI 536,496 $13,321,195.68 0.82% Consumer Discretionary
PNC FINANCIAL SERVICES PNC 145,132 $13,310,055.72 0.82% Financials
LOEWS CORP L 317,555 $13,276,974.55 0.81% Financials
GOLDMAN SACHS GROUP INC GS 68,635 $13,265,772.80 0.81% Financials
PG&E CORPORATION PCG 241,472 $12,812,504.32 0.79% Utilities
GENWORTH FINANCIAL, INC. GNW 1,474,339 $12,664,572.01 0.78% Financials
JP MORGAN CHASE & CO. JPM 204,245 $12,648,892.85 0.78% Financials
NASDAQ OMX GROUP INC/THE NDAQ 256,226 $12,475,643.94 0.76% Financials
CORNING, INC. GLW 546,395 $12,381,310.70 0.76% Information Technology
CENTURYLINK CTL 307,283 $12,199,135.10 0.75% Telecommunication Services
CONSOLIDATED EDISON INC ED 185,568 $12,189,961.92 0.75% Utilities
WHIRLPOOL CORPORATION WHR 63,990 $12,140,822.70 0.74% Consumer Discretionary
ACE LIMITED ACE 104,195 $11,951,166.50 0.73% Financials
XCEL ENERGY, INC. XEL 330,988 $11,716,975.20 0.72% Utilities
SCANA CORPORATION SCG 196,120 $11,694,635.60 0.72% Utilities
MOLSON COORS BREWING CO TAP 153,603 $11,660,003.73 0.71% Consumer Staples
BANK OF NY MELLON BK 282,648 $11,546,170.80 0.71% Financials
DTE ENERGY COMPANY DTE 128,319 $11,003,354.25 0.67% Utilities
PUBLIC SVC ENTERPRISE GRP PEG 261,010 $10,980,690.70 0.67% Utilities
CARNIVAL CORPORATION CCL 243,466 $10,904,842.14 0.67% Consumer Discretionary
PINNACLE WEST CAP CORP PNW 161,210 $10,863,941.90 0.67% Utilities
AES CORPORATION AES 784,622 $10,592,397.00 0.65% Utilities
WAL-MART STORES, INC WMT 122,215 $10,407,829.40 0.64% Consumer Staples
PULTE HOMES, INC. PHM 490,796 $10,257,636.40 0.63% Consumer Discretionary
PPL CORPORATION PPL 278,513 $10,029,253.13 0.61% Utilities
NORTHEAST UTILITIES NU 187,027 $9,856,322.90 0.60% Utilities
DUKE ENERGY CORPORATION DUK 116,580 $9,658,653.00 0.59% Utilities
FLUOR CORPORATION FLR 158,643 $9,502,715.70 0.58% Industrials
AGL RESOURCES INC GAS 177,605 $9,269,204.95 0.57% Utilities
BAKER HUGHES, INC. BHI 160,491 $9,172,060.65 0.56% Energy
ALLEGHENY TECHNOLOGIES ATI 273,376 $9,119,823.36 0.56% Materials
CHEVRON CORPORATION CVX 80,531 $9,094,365.83 0.56% Energy
AMERICAN ELECTRIC POWER AEP 150,539 $9,015,780.71 0.55% Utilities
JACOBS ENGINEERING GROUP JEC 205,586 $8,891,594.50 0.54% Industrials
COSTCO WHOLESALE CORP. COST 61,477 $8,715,594.29 0.53% Consumer Staples
HUDSON CITY BANCORP, INC. HCBK 859,447 $8,603,064.47 0.53% Financials
INTL PAPER COMPANY IP 153,607 $8,291,705.86 0.51% Materials
TECO ENERGY, INC. TE 418,573 $8,275,188.21 0.51% Utilities
APACHE CORP APA 127,496 $8,264,290.72 0.51% Energy
DOW CHEMICAL COMPANY DOW 176,715 $8,100,615.60 0.50% Materials
BB&T CORPORATION BBT 210,675 $8,075,172.75 0.49% Financials
CMS ENERGY CORP CMS 222,523 $7,674,818.27 0.47% Utilities
MACY'S, INC. M 121,439 $7,600,867.01 0.47% Consumer Discretionary
CHUBB CORPORATION CB 72,705 $7,533,692.10 0.46% Financials
MOSAIC COMPANY MOS 157,558 $7,249,243.58 0.44% Materials
WELLS FARGO & COMPANY WFC 132,568 $7,218,327.60 0.44% Financials
MARATHON OIL CORPORATION MRO 254,245 $7,177,336.35 0.44% Energy
CONOCOPHILLIPS COP 98,736 $7,008,281.28 0.43% Energy
CINCINNATI FIN. CORP CINF 130,988 $6,756,361.04 0.41% Financials
JOY GLOBAL, INC. JOY 140,781 $6,626,561.67 0.41% Industrials
DEERE & CO DE 72,457 $6,528,375.70 0.40% Industrials
STANLEY BLACK & DECKER SWK 67,355 $6,526,699.50 0.40% Industrials
CONAGRA FOODS INC CAG 167,993 $6,192,221.98 0.38% Consumer Staples
EXXON MOBIL CORPORATION XOM 65,953 $6,175,838.92 0.38% Energy
ENSCO INTERNATIONAL INC ESV 187,060 $6,129,956.20 0.38% Energy
PROGRESSIVE CORP/THE PGR 223,306 $5,931,007.36 0.36% Financials
QUEST DIAGNOSTICS, INC. DGX 88,632 $5,879,846.88 0.36% Health Care
M&T BANK CORP MTB 46,889 $5,866,282.79 0.36% Financials
AVERY DENNISON AVY 106,180 $5,518,174.60 0.34% Materials
AFLAC INC AFL 90,123 $5,513,725.14 0.34% Financials
NOBLE CORP NE 295,469 $5,504,587.47 0.34% Energy
DENBURY RESOURCES INC DNR 597,638 $4,972,348.16 0.30% Energy
TRANSOCEAN LTD. RIG 247,929 $4,884,201.30 0.30% Energy
NUCOR CORPORATION NUE 98,240 $4,853,056.00 0.30% Materials
FREEPORT-MCMORAN COPPER-B FCX 169,851 $3,974,513.40 0.24% Materials
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 3,756,933 $3,756,933.28 0.23% 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