XLG

Guggenheim Russell Top 50® Mega Cap ETF
NAV $136.73
Change -$0.55 | -0.40%
As Of 7/29/14

Investment Objectives

Seeks to replicate as closely as possible the performance of the Russell Top 50? Index, before fees and expenses, on a daily basis.


Net Asset Value

Net Asset Value $136.73
Change -$0.55 | -0.40%


Summary


Ticker XLG
CUSIP 78355W205
Asset Class Broad Market
Inception Date 5/4/05
Gross Expense Ratio 0.20%
IOPV Ticker XLG.IV
Related Index Ticker RTF
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

Volume 9,618
Last Sale Price $136.95
52-Week Range $137.98 / $115.11
Shares Outstanding 3,800,785
Total Net Assets $519,693,712.19

Market Close

Market Price $136.95
Premium / Discount $0.22
Change -$0.32 | -0.23%
High / Low $137.77 / $136.93


Historical Market Closes to NAV

  Days % of Total Days
Premium 1046 45.01%
Discount 1119 48.15%
Equal to NAV 159 6.84%
Total 2,324 100%


Characteristics

Number of Stocks 51
Return on Equity (quarterly 6/30/14) 23.82%
Price to Earning (P/E) 17.47
Price to Book (P/B) 2.60
Dividend Amount $0.65
Ex-Dividend Date N/A

Risk

As of 6/30/14
Standard Deviation Sharpe Ratio Beta R-Squared
N/A 1.41 1.01 99.88

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 7/29/2014
Total Assets $519,693,712
Number of Stocks 51
Percent Stock 99.84%
Percent Cash / Other 0.16%

Sectors / Industries

as of 7/29/14

Holdings

as of 7/29/14

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
APPLE INC. AAPL 378,964 $37,282,478.32 7.17% Information Technology
EXXON MOBIL CORPORATION XOM 269,901 $27,948,248.55 5.38% Energy
MICROSOFT CORPORATION MSFT 519,167 $22,783,643.80 4.38% Information Technology
JOHNSON & JOHNSON JNJ 177,809 $18,129,405.64 3.49% Health Care
GENERAL ELECTRIC CO GE 630,245 $16,039,735.25 3.09% Industrials
CHEVRON CORPORATION CVX 119,645 $15,843,390.90 3.05% Energy
WELLS FARGO & COMPANY WFC 300,148 $15,469,627.92 2.98% Financials
BERKSHIRE HATHAWAY (CL.B) BRK/B 115,029 $14,650,093.44 2.82% Financials
JP MORGAN CHASE & CO. JPM 237,869 $13,948,638.16 2.68% Financials
VERIZON COMMUNICATIONS VZ 260,271 $13,526,283.87 2.60% Telecommunication Services
PROCTER & GAMBLE COMPANY PG 170,070 $13,376,005.50 2.57% Consumer Staples
AT&T, INC. T 326,223 $11,936,499.57 2.30% Telecommunication Services
PFIZER INC PFE 400,902 $11,918,816.46 2.29% Health Care
INTL. BUS. MACHINES CORP. IBM 59,454 $11,567,964.78 2.23% Information Technology
MERCK & COMPANY, INC. MRK 183,671 $10,759,447.18 2.07% Health Care
INTEL CORPORATION INTC 312,867 $10,696,922.73 2.06% Information Technology
GOOGLE, INC. A SHARES GOOGL 17,641 $10,477,871.95 2.02% Information Technology
GOOGLE INC-CL C GOOG 17,850 $10,453,138.50 2.01% Information Technology
BANK OF AMERICA CORP BAC 660,909 $10,138,344.06 1.95% Financials
COCA COLA COMPANY KO 249,549 $10,069,302.15 1.94% Consumer Staples
CITIGROUP, INC. C 190,925 $9,435,513.50 1.82% Financials
WALT DISNEY COMPANY DIS 108,846 $9,382,525.20 1.81% Consumer Discretionary
FACEBOOK INC-A FB 124,097 $9,147,189.87 1.76% Information Technology
SCHLUMBERGER, LTD. SLB 81,739 $9,082,837.68 1.75% Energy
GILEAD SCIENCES, INC. GILD 96,518 $8,975,208.82 1.73% Health Care
COMCAST CORPORATION CMCSA 162,803 $8,952,536.97 1.72% Consumer Discretionary
PEPSICO, INC. PEP 95,284 $8,588,899.76 1.65% Consumer Staples
ORACLE CORPORATION ORCL 206,431 $8,387,291.53 1.61% Information Technology
PHILIP MORRIS INT'L INC. PM 98,855 $8,368,075.75 1.61% Consumer Staples
CISCO SYSTEMS, INC. CSCO 321,961 $8,277,617.31 1.59% Information Technology
QUALCOMM INC. QCOM 106,083 $7,989,110.73 1.54% Information Technology
AMAZON.COM, INC. AMZN 23,612 $7,555,840.00 1.45% Consumer Discretionary
WAL-MART STORES, INC WMT 100,134 $7,554,108.96 1.45% Consumer Staples
HOME DEPOT INC HD 85,955 $6,960,635.90 1.34% Consumer Discretionary
VISA INC. V 31,515 $6,728,452.50 1.29% Information Technology
CONOCOPHILLIPS COP 77,161 $6,536,308.31 1.26% Energy
UNITED TECHNOLOGIES CORP UTX 57,617 $6,184,032.61 1.19% Industrials
MCDONALD'S CORPORATION MCD 62,122 $5,952,530.04 1.15% Consumer Discretionary
3M COMPANY MMM 41,121 $5,922,246.42 1.14% Industrials
AMGEN INC. AMGN 47,579 $5,866,966.49 1.13% Health Care
CVS CAREMARK CORP CVS 73,486 $5,717,945.66 1.10% Consumer Staples
UNION PACIFIC CORPORATION UNP 56,931 $5,670,327.60 1.09% Industrials
BOEING COMPANY BA 45,832 $5,606,170.24 1.08% Industrials
ABBVIE INC-W/I ABBV 99,936 $5,339,580.48 1.03% Health Care
BRISTOL MYERS SQUIBB CO BMY 104,153 $5,312,844.53 1.02% Health Care
AMERICAN EXPRESS COMPANY AXP 57,014 $5,228,753.94 1.01% Financials
ALTRIA GROUP, INC. MO 124,849 $5,186,227.46 1.00% Consumer Staples
OCCIDENTAL PETROLEUM CORP OXY 49,376 $4,904,518.08 0.94% Energy
MASTERCARD, INC. MA 63,185 $4,795,109.65 0.92% Information Technology
UNITED PARCEL SERVICE UPS 44,488 $4,398,083.68 0.85% Industrials
TWENTY-FIRST CEN FOXA 119,685 $3,847,872.75 0.74% Consumer Discretionary
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 209,819 $209,818.64 0.04% 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.

The Russell Top 50® Mega Cap ETF may not be suitable for all investors. • The Fund is 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 Fund to purchase and sell particular investments within a reasonable time at a fair price. • Investments in securities and derivatives, in general, are subject to market risks that may cause their prices to fluctuate over time. An investment in the Fund may lose money. • Unlike many investment companies, the Fund is not actively “managed.” This means that, based on market and economic conditions, the Fund’s performance could be lower than other types of mutual 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 Fund’s performance to match or correlate to that of the Fund’s Underlying Index, either on a daily or aggregate basis. Tracking error risk may cause the Fund’s 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 Fund’s holdings. In addition, although the Fund’s 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. • The Fund is subject to the risk that large-capitalization stocks may underperform other segments of the equity market or the equity market as a whole. 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.


Russell Top 50® Mega Cap Index is a trademark of Russell Investment Group and has been licensed for use by  Guggenheim Investments and its affiliates. Neither Russell's publication of the Russell indices nor its licensing of its  trademarks for use in connection with financial products derived from a Russell index in any way suggest or imply a  representation or opinion by Russell as to the attractiveness of investment in any securities or other financial products based  upon or derived from any Russell index. Russell is not the issuer of any such securities or other financial products  and makes no expressed or implied warranties of merchantability or fitness for any particular purpose with respect to any Russell index or any data included or reflected therein, nor as to results to be obtained by any person or any entity from the  use of the Russell index or any data included or reflected therein.
 

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