RFG

Guggenheim S&P MidCap 400 Pure Growth ETF
NAV $123.64
Change -$0.33 | -0.27%
As Of 9/29/14

Investment Objectives

Seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P MidCap 400 Pure Growth Index.


Net Asset Value

Net Asset Value $123.64
Change -$0.33 | -0.27%


Summary


Ticker RFG
CUSIP 78355W601
Asset Class Style
Inception Date 3/1/06
Gross Expense Ratio 0.35%
IOPV Ticker RFG.IV
Related Index Ticker SPMPG
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

Volume 35,502
Last Sale Price $123.60
52-Week Range $127.93 / $108.20
Shares Outstanding 6,350,021
Total Net Assets $785,105,392.63

Overall Morningstar RatingTM *

as of 6/30/14

Among Mid-Cap Growth Funds

The fund was rated, based on its risk-adjusted returns, 3 stars for 3 years, 5 stars for 5 years, and 4 stars Overall out of 13, 11 and 13 Mid-Cap Growth funds, respectively.

Market Close

Market Price $123.60
Premium / Discount -$0.04
Change -$0.32 | -0.26%
High / Low $123.68 / $121.93


Historical Market Closes to NAV

  Days % of Total Days
Premium 990 45.83%
Discount 1023 47.36%
Equal to NAV 147 6.81%
Total 2,160 100%


Characteristics

Number of Stocks 96
Return on Equity (quarterly 6/30/14) 18.18%
Price to Earning (P/E) 21.76
Price to Book (P/B) 2.78
Dividend Amount $0.19
Ex-Dividend Date N/A

Risk

As of 8/29/14
Standard Deviation Sharpe Ratio Beta R-Squared
15.43 1.09 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.
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 9/29/2014
Total Assets $785,105,393
Number of Stocks 96
Percent Stock 99.91%
Percent Cash / Other 0.09%

Sectors / Industries

as of 9/29/14

Holdings

as of 9/29/14

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
SALIX PHARMACEUTICALS LTD SLXP 193,946 $30,212,907.88 3.85% Health Care
TRINITY INDUSTRIES TRN 530,538 $25,099,752.78 3.20% Industrials
UNITED THERAPEUTICS CORP UTHR 146,082 $19,386,542.22 2.47% Health Care
PATTERSON-UTI ENERGY INC PTEN 554,989 $18,375,685.79 2.34% Energy
SYNOVUS FINANCIAL CORP SNV 744,728 $17,694,737.28 2.25% Financials
TEMPUR-PEDIC INTERNATIONA TPX 278,658 $16,022,835.00 2.04% Consumer Discretionary
DECKERS OUTDOOR CORP DECK 161,476 $15,907,000.76 2.03% Consumer Discretionary
ENDO INETERNATIONAL PLC ENDP 212,745 $14,790,032.40 1.88% Health Care
KIRBY KEX 122,714 $14,661,868.72 1.87% Industrials
SVB FINANCIAL GROUP SIVB 129,265 $14,433,729.90 1.84% Financials
UMPQUA HOLDINGS CORP UMPQ 861,659 $14,294,922.81 1.82% Financials
SMITH (A.O.) CORPORATION AOS 282,563 $13,577,152.15 1.73% Industrials
CATHAY GENERAL BANCORP CATY 515,578 $13,023,500.28 1.66% Financials
BANCORPSOUTH INC BXS 605,604 $12,372,489.72 1.58% Financials
THE WENDY'S CO. WEN 1,497,341 $12,368,036.66 1.58% Consumer Discretionary
SM ENERGY CO SM 152,630 $12,311,135.80 1.57% Energy
BALLY TECHNOLOGIES INC BYI 146,719 $11,885,706.19 1.51% Consumer Discretionary
BE AEROSPACE INC BEAV 137,491 $11,672,985.90 1.49% Industrials
POLARIS INDUSTRIES INC PII 76,383 $11,549,873.43 1.47% Consumer Discretionary
ASSOCIATED BANC CORP ASBC 643,140 $11,322,479.70 1.44% Financials
OLD REPUBLIC INTL CORP ORI 775,397 $11,258,764.44 1.43% Financials
WABTEC CORPORATION WAB 137,221 $11,193,116.97 1.43% Industrials
OLD DOMINION FREIGHT LINE ODFL 152,837 $10,886,579.51 1.39% Industrials
TOLL BROTHERS, INC. TOL 338,688 $10,712,701.44 1.36% Consumer Discretionary
PACWEST BANCORP PACW 252,028 $10,438,999.76 1.33% Financials
ULTIMATE SOFTWARE GROUP I ULTI 70,330 $10,077,585.70 1.28% Information Technology
CORPORATE EXECUTIVE BOARD CEB 164,662 $10,060,848.20 1.28% Industrials
3D SYSTEMS CORPORATION DDD 203,373 $9,589,036.95 1.22% Information Technology
PTC INC PTC 255,706 $9,348,611.36 1.19% Information Technology
WEX INC WEX 82,820 $9,135,874.20 1.16% Information Technology
HANESBRANDS INC HBI 81,620 $8,827,203.00 1.12% Consumer Discretionary
ALASKA AIR GROUP INC ALK 200,952 $8,811,745.20 1.12% Industrials
OIL STATES INTERNATIONAL OIS 141,047 $8,809,795.62 1.12% Energy
ALIGN TECHNOLOGY ALGN 158,575 $8,423,504.00 1.07% Health Care
EAGLE MATERIALS INC. EXP 81,970 $8,388,809.80 1.07% Materials
CONVERSANT INC CNVR 234,318 $8,069,911.92 1.03% Information Technology
LKQ CORPORATION LKQ 303,007 $8,055,441.10 1.03% Consumer Discretionary
CONCUR TECHNOLOGIES INC CNQR 63,355 $8,018,842.35 1.02% Information Technology
ROSETTA RESOURCES INC ROSE 171,910 $7,890,669.00 1.01% Energy
JARDEN CORPORATION JAH 130,628 $7,844,211.40 1.00% Consumer Discretionary
MENTOR GRAPHICS CORP MENT 369,005 $7,719,584.60 0.98% Information Technology
SLM CORPORATION SLM 888,068 $7,681,788.20 0.98% Financials
SIGNATURE BANK SBNY 67,488 $7,636,942.08 0.97% Financials
SUPERVALU INC SVU 824,283 $7,525,703.79 0.96% Consumer Staples
ACI WORLDWIDE INC ACIW 388,529 $7,288,804.04 0.93% Information Technology
TEREX CORP. TEX 223,039 $7,217,542.04 0.92% Industrials
CBOE HOLDINGS IN CBOE 133,816 $7,153,803.36 0.91% Financials
WADDELL & REED FINANCIAL WDR 136,075 $7,149,380.50 0.91% Financials
HAIN CELESTIAL GROUP INC HAIN 69,684 $7,124,492.16 0.91% Consumer Staples
WORTHINGTON INDUSTRIES IN WOR 191,380 $7,040,870.20 0.90% Materials
BRINKER INTL INC EAT 135,842 $6,955,110.40 0.89% Consumer Discretionary
PACKAGING CORP AMER PKG 103,739 $6,728,511.54 0.86% Materials
TOWERS WATSON & CO TW 66,245 $6,624,500.00 0.84% Industrials
WASHINGTON FEDERAL WAFD 320,458 $6,601,434.80 0.84% Financials
BELDEN INC. BDC 99,492 $6,502,797.12 0.83% Information Technology
GRACO GGG 88,614 $6,491,861.64 0.83% Industrials
OCEANEERING INTL OII 94,958 $6,210,253.20 0.79% Energy
GENESEE & WYOMING INC GWR 61,216 $5,898,773.76 0.75% Industrials
CUBIST PHARMACEUTICALS IN CBST 88,401 $5,877,782.49 0.75% Health Care
MSCI INC MSCI 123,778 $5,816,328.22 0.74% Financials
GENTEX CORPORATION GNTX 212,202 $5,780,382.48 0.74% Consumer Discretionary
HNI CORP HNI 152,559 $5,605,017.66 0.71% Industrials
FORTUNE BRANDS H FBHS 135,213 $5,547,789.39 0.71% Industrials
COGNEX CORP CGNX 130,960 $5,382,456.00 0.69% Information Technology
CITY NATIONAL CORP CYN 70,248 $5,339,550.48 0.68% Financials
CHARLES RIVER LAB INTER CRL 87,923 $5,307,911.51 0.68% Health Care
BRUNSWICK CORP/DE BC 123,923 $5,300,186.71 0.68% Consumer Discretionary
LINCOLN ELECTRIC HOLDINGS LECO 74,449 $5,224,830.82 0.67% Industrials
ADVENT SOFTWARE INC ADVS 145,183 $4,581,975.48 0.58% Information Technology
CORELOGIC INC. CLGX 168,314 $4,573,091.38 0.58% Information Technology
EAST WEST BANCORP, INC. EWBC 132,846 $4,519,420.92 0.58% Financials
GLOBAL PAYMENTS, INC GPN 63,907 $4,486,910.47 0.57% Information Technology
FAIR ISAAC CORP FICO 79,176 $4,391,100.96 0.56% Information Technology
GRAHAM HOLDINGS CO GHC 6,167 $4,314,371.53 0.55% Consumer Discretionary
CREE, INC. CREE 101,730 $4,213,147.95 0.54% Information Technology
FEI CO FEIC 54,421 $4,206,743.30 0.54% Information Technology
COPART INC. CPRT 133,020 $4,190,795.10 0.53% Industrials
DOMINO'S PIZZA INC DPZ 53,192 $4,129,294.96 0.53% Consumer Discretionary
COVANCE, INC. CVD 51,238 $4,124,146.62 0.53% Health Care
IDEX CORPORATION IEX 55,775 $4,096,673.75 0.52% Industrials
DELUXE CORP DLX 72,139 $4,039,062.61 0.51% Industrials
GULFPORT ENERGY CORP GPOR 72,756 $4,035,775.32 0.51% Energy
DRIL-QUIP, INC. DRQ 44,110 $4,009,599.00 0.51% Energy
BROADRIDGE FINANCIAL SOLU BR 95,023 $3,960,558.64 0.50% Information Technology
CIENA CORP CIEN 230,887 $3,932,005.61 0.50% Information Technology
OMEGA HEALTHCARE INVESTOR OHI 109,243 $3,714,262.00 0.47% Financials
TRIMBLE NAVIGATION TRMB 121,016 $3,684,937.20 0.47% Information Technology
CARTER'S, INC. CRI 45,990 $3,575,262.60 0.46% Consumer Discretionary
ALEXANDER & BALDWIN INC ALEX 96,468 $3,569,316.00 0.45% Financials
J. B. HUNT TRANSPORT SVCS JBHT 46,689 $3,454,986.00 0.44% Industrials
NEUSTAR INC-CLASS A NSR 125,820 $3,142,983.60 0.40% Information Technology
CARBO CERAMICS INC CRR 49,386 $3,108,354.84 0.40% Energy
SOTHEBY'S BID 81,352 $2,928,672.00 0.37% Consumer Discretionary
COMMVAULT SYSTEMS INC CVLT 56,910 $2,887,897.95 0.37% Information Technology
DREAMWORKS ANIMATION SKG- DWA 100,746 $2,839,022.28 0.36% Consumer Discretionary
ACXIOM CORP ACXM 126,551 $2,151,999.76 0.27% Information Technology
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 1,596,768 $1,596,767.60 0.20% 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 InvestmentsI. 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