XLG

Guggenheim S&P 500® Top 50 ETF
NAV $134.09
Change $2.36 | 1.79%
As Of 2/12/16

Investment Objectives

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


Net Asset Value

Net Asset Value $134.09
Change $2.36 | 1.79%


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 SP5T5T
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

Volume 106,053
Last Sale Price $134.07
52-Week Range $148.77 / $128.84
Shares Outstanding 4,100,785
Total Net Assets $549,874,184.77

Overall Morningstar RatingTM *

as of 12/31/15

Among Large Blend Funds

This Fund was rated, based on its risk-adjusted returns, 3 stars for 3 years, 4 stars for 5 years, 4 stars for 10 years, and 4 stars Overall out of 46, 38, 16, and 46 Large Blend funds, respectively.

Market Close

Market Price $134.07
Premium / Discount -$0.02
Change $2.42 | 1.84%
High / Low $134.12 / $132.47


Historical Market Closes to NAV

  Days % of Total Days
Premium 1225 45.15%
Discount 1313 48.40%
Equal to NAV 175 6.45%
Total 2,713 100%


Characteristics

Number of Stocks 51
Return on Equity (quarterly 12/31/15) 27.90%
Price to Earning (P/E) 17.75
Price to Book (P/B) 2.83
Dividend Amount $0.68
Ex-Dividend Date N/A

Risk

As of 1/29/16
Standard Deviation Sharpe Ratio Beta R-Squared
N/A 0.98 1.01 99.83

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.
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.

Overview

as of 2/12/2016
Total Assets $549,874,185
Number of Stocks 51
Percent Stock 99.59%
Percent Cash / Other 0.41%

Sectors / Industries

as of 2/12/16

Holdings

as of 2/12/16

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
APPLE INC. AAPL 381,976 $35,901,924.24 6.53% Information Technology
MICROSOFT CORPORATION MSFT 547,267 $27,636,983.50 5.03% Information Technology
EXXON MOBIL CORPORATION XOM 285,210 $23,110,566.30 4.20% Energy
JOHNSON & JOHNSON JNJ 189,569 $19,301,915.58 3.51% Health Care
GENERAL ELECTRIC CO GE 646,605 $18,273,057.30 3.32% Industrials
BERKSHIRE HATHAWAY (CL.B) BRK/B 128,352 $16,438,040.64 2.99% Financials
FACEBOOK INC-A FB 155,553 $15,867,961.53 2.89% Information Technology
AT&T, INC. T 421,484 $15,371,521.48 2.80% Telecommunication Services
PROCTER & GAMBLE COMPANY PG 186,390 $15,095,726.10 2.75% Consumer Staples
WELLS FARGO & COMPANY WFC 318,450 $15,065,869.50 2.74% Financials
JP MORGAN CHASE & CO. JPM 252,201 $14,499,035.49 2.64% Financials
ALPHABET INC-CL A GOOGL 19,960 $14,109,524.40 2.57% Information Technology
VERIZON COMMUNICATIONS VZ 278,766 $13,968,964.26 2.54% Telecommunication Services
ALPHABET INC-CL C GOOG 20,358 $13,892,299.20 2.53% Information Technology
AMAZON.COM, INC. AMZN 26,335 $13,353,951.80 2.43% Consumer Discretionary
PFIZER INC PFE 422,922 $12,416,989.92 2.26% Health Care
COCA COLA COMPANY KO 268,161 $11,560,420.71 2.10% Consumer Staples
CHEVRON CORPORATION CVX 128,941 $11,015,429.63 2.00% Energy
HOME DEPOT INC HD 86,864 $10,104,020.48 1.84% Consumer Discretionary
PEPSICO, INC. PEP 99,810 $9,830,286.90 1.79% Consumer Staples
COMCAST CORPORATION CMCSA 167,294 $9,498,953.32 1.73% Consumer Discretionary
WALT DISNEY COMPANY DIS 104,201 $9,497,921.15 1.73% Consumer Discretionary
PHILIP MORRIS INT'L INC. PM 106,144 $9,453,184.64 1.72% Consumer Staples
VISA INC. V 133,353 $9,390,718.26 1.71% Information Technology
MERCK & COMPANY, INC. MRK 191,390 $9,383,851.70 1.71% Health Care
INTEL CORPORATION INTC 323,306 $9,259,483.84 1.68% Information Technology
GILEAD SCIENCES, INC. GILD 98,737 $8,831,037.28 1.61% Health Care
CISCO SYSTEMS, INC. CSCO 347,771 $8,732,529.81 1.59% Information Technology
BANK OF AMERICA CORP BAC 713,376 $8,524,843.20 1.55% Financials
ALTRIA GROUP, INC. MO 134,329 $8,055,710.13 1.47% Consumer Staples
ORACLE CORPORATION ORCL 219,343 $7,795,450.22 1.42% Information Technology
CITIGROUP, INC. C 204,095 $7,661,726.30 1.39% Financials
ALLERGAN PLC AGN 27,003 $7,573,801.44 1.38% Health Care
AMGEN INC. AMGN 51,679 $7,478,984.88 1.36% Health Care
MCDONALD'S CORPORATION MCD 62,909 $7,418,858.37 1.35% Consumer Discretionary
INTL. BUS. MACHINES CORP. IBM 61,146 $7,401,111.84 1.35% Information Technology
UNITEDHEALTH GROUP INC. UNH 65,298 $7,301,622.36 1.33% Health Care
CVS CAREMARK CORP CVS 75,863 $7,272,227.18 1.32% Consumer Staples
WAL-MART STORES, INC WMT 107,490 $7,113,688.20 1.29% Consumer Staples
MEDTRONIC PLC MDT 96,338 $7,071,209.20 1.29% Health Care
BRISTOL MYERS SQUIBB CO BMY 114,297 $6,880,679.40 1.25% Health Care
3M COMPANY MMM 42,183 $6,494,494.68 1.18% Industrials
SCHLUMBERGER, LTD. SLB 86,400 $6,074,784.00 1.10% Energy
ABBVIE INC ABBV 112,000 $5,888,960.00 1.07% Health Care
CELGENE CORPORATION CELG 53,826 $5,514,473.70 1.00% Health Care
UNITED TECHNOLOGIES CORP UTX 56,516 $4,857,550.20 0.88% Industrials
BOEING COMPANY BA 43,148 $4,687,167.24 0.85% Industrials
QUALCOMM INC. QCOM 102,980 $4,588,788.80 0.83% Information Technology
UNION PACIFIC CORPORATION UNP 58,517 $4,517,512.40 0.82% Industrials
BIOGEN IDEC, INC. BIIB 15,272 $3,775,543.84 0.69% Health Care
CONOCOPHILLIPS COP 84,587 $2,782,912.30 0.51% Energy
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 1,291,857 $1,291,857.41 0.23% NA

Disclosure

Prior to January 27, 2016, the fund was named the Guggenheim Russell Top 50® Mega Cap ETF and sought to correspond as closely as possible, before fees and expenses, to the price and yield performance of the Russell Top 50® Mega Cap Index.

*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.

The Guggenheim S&P 500® Top 50 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.

Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, a subsidiary of McGraw Hill Financial, Inc., and have been licensed for use by Guggenheim Investments and its affiliates. Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. S&P Dow Jones Indices LLC (together with its affiliates, “S&P”) does not make investment recommendations, and S&P does not sponsor, endorse, sell or promote the product. S&P makes no representation or warranty regarding the advisability of investing in the product. Past performance of an index is not a guarantee of future results.
 

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