Guggenheim S&P MidCap 400 Pure Growth ETF
NAV $120.25
Change $3.08 | 2.63%
As Of 12/17/14

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 $120.25
Change $3.08 | 2.63%


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


Volume 22,960
Last Sale Price $120.03
52-Week Range $127.93 / $111.80
Shares Outstanding 5,850,021
Total Net Assets $703,494,190.45

Overall Morningstar RatingTM *

as of 9/30/14

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 $120.03
Premium / Discount -$0.22
Change $3.02 | 2.58%
High / Low $120.28 / $117.31

Historical Market Closes to NAV

  Days % of Total Days
Premium 1004 45.31%
Discount 1062 47.92%
Equal to NAV 150 6.77%
Total 2,216 100%


Number of Stocks 94
Return on Equity (quarterly 9/30/14) 16.90%
Price to Earning (P/E) 20.01
Price to Book (P/B) 2.59
Dividend Amount $0.19
Ex-Dividend Date N/A


As of 11/28/14
Standard Deviation Sharpe Ratio Beta R-Squared
12.89 1.22 1.01 99.85

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 12/17/2014
Total Assets $703,494,190
Number of Stocks 94
Percent Stock 99.87%
Percent Cash / Other 0.13%

Sectors / Industries

as of 12/17/14


as of 12/17/14

Security Name Ticker Shares
% of Net Assets Sector / Industry
SALIX PHARMACEUTICALS LTD SLXP 183,164 $20,970,446.36 2.98% Health Care
SYNOVUS FINANCIAL CORP SNV 703,327 $18,251,335.65 2.59% Financials
UNITED THERAPEUTICS CORP UTHR 137,960 $17,589,900.00 2.50% Health Care
SMITH (A.O.) CORPORATION AOS 266,855 $14,439,524.05 2.05% Industrials
DECKERS OUTDOOR CORP DECK 152,499 $14,298,306.24 2.03% Consumer Discretionary
TEMPUR-PEDIC INTERNATIONA TPX 263,166 $14,197,805.70 2.02% Consumer Discretionary
TRINITY INDUSTRIES TRN 501,044 $14,094,367.72 2.00% Industrials
ENDO INETERNATIONAL PLC ENDP 200,919 $13,981,953.21 1.99% Health Care
UMPQUA HOLDINGS CORP UMPQ 813,758 $13,890,849.06 1.97% Financials
SVB FINANCIAL GROUP SIVB 122,079 $13,660,029.71 1.94% Financials
BANCORPSOUTH INC BXS 571,937 $12,674,123.92 1.80% Financials
THE WENDY'S CO. WEN 1,414,100 $12,203,683.00 1.73% Consumer Discretionary
CATHAY GENERAL BANCORP CATY 486,917 $12,138,840.81 1.73% Financials
WABTEC CORPORATION WAB 129,593 $11,170,916.60 1.59% Industrials
CORPORATE EXECUTIVE BOARD CEB 155,509 $11,129,779.13 1.58% Industrials
OLD DOMINION FREIGHT LINE ODFL 144,340 $11,118,510.20 1.58% Industrials
ASSOCIATED BANC CORP ASBC 607,385 $10,932,930.00 1.55% Financials
PACWEST BANCORP PACW 238,017 $10,722,665.85 1.52% Financials
ALASKA AIR GROUP INC ALK 189,781 $10,633,429.43 1.51% Industrials
POLARIS INDUSTRIES INC PII 72,137 $10,384,121.15 1.48% Consumer Discretionary
OLD REPUBLIC INTL CORP ORI 732,290 $10,376,549.30 1.48% Financials
KIRBY KEX 115,892 $10,285,415.00 1.46% Industrials
TOLL BROTHERS, INC. TOL 319,860 $10,190,739.60 1.45% Consumer Discretionary
BE AEROSPACE INC BEAV 179,789 $10,089,758.68 1.43% Industrials
TYLER TECHNOLOGIES INC TYL 88,131 $9,756,983.01 1.39% Information Technology
ULTIMATE SOFTWARE GROUP I ULTI 66,421 $9,674,882.86 1.38% Information Technology
JARDEN CORPORATION JAH 185,047 $8,565,825.63 1.22% Consumer Discretionary
HANESBRANDS INC HBI 77,083 $8,547,733.87 1.22% Consumer Discretionary
PTC INC PTC 241,490 $8,510,107.60 1.21% Information Technology
PATTERSON-UTI ENERGY INC PTEN 524,136 $8,462,175.72 1.20% Energy
SLM CORPORATION SLM 838,697 $8,311,487.27 1.18% Financials
ALIGN TECHNOLOGY ALGN 149,759 $8,304,136.55 1.18% Health Care
CUBIST PHARMACEUTICALS IN CBST 83,487 $8,165,028.60 1.16% Health Care
CBOE HOLDINGS IN CBOE 126,376 $7,933,885.28 1.13% Financials
LKQ CORPORATION LKQ 286,161 $7,840,811.40 1.11% Consumer Discretionary
WEX INC WEX 78,216 $7,724,612.16 1.10% Information Technology
SIGNATURE BANK SBNY 63,737 $7,721,737.55 1.10% Financials
PACKAGING CORP AMER PKG 97,971 $7,636,839.45 1.09% Materials
MENTOR GRAPHICS CORP MENT 348,491 $7,503,011.23 1.07% Information Technology
HAIN CELESTIAL GROUP INC HAIN 65,811 $7,466,257.95 1.06% Consumer Staples
BELDEN INC. BDC 93,960 $7,373,980.80 1.05% Information Technology
GENTEX CORPORATION GNTX 200,405 $7,274,701.50 1.03% Consumer Discretionary
BRINKER INTL INC EAT 128,289 $7,256,025.84 1.03% Consumer Discretionary
SUPERVALU INC SVU 778,458 $7,255,228.56 1.03% Consumer Staples
HNI CORP HNI 144,077 $7,195,205.38 1.02% Industrials
ACI WORLDWIDE INC ACIW 366,930 $7,144,127.10 1.02% Information Technology
TOWERS WATSON & CO TW 62,563 $7,068,993.37 1.00% Industrials
WASHINGTON FEDERAL WAFD 302,643 $6,724,727.46 0.96% Financials
GRACO GGG 83,688 $6,415,522.08 0.91% Industrials
WORTHINGTON INDUSTRIES IN WOR 180,741 $6,396,423.99 0.91% Materials
3D SYSTEMS CORPORATION DDD 192,066 $6,167,239.26 0.88% Information Technology
OIL STATES INTERNATIONAL OIS 133,206 $6,150,121.02 0.87% Energy
EAGLE MATERIALS INC. EXP 77,413 $5,962,349.26 0.85% Materials
WADDELL & REED FINANCIAL WDR 128,510 $5,811,222.20 0.83% Financials
FORTUNE BRANDS H FBHS 127,696 $5,748,873.92 0.82% Industrials
BRUNSWICK CORP/DE BC 117,034 $5,703,066.82 0.81% Consumer Discretionary
SM ENERGY CO SM 144,145 $5,509,221.90 0.78% Energy
TEREX CORP. TEX 210,640 $5,508,236.00 0.78% Industrials
MSCI INC MSCI 116,897 $5,485,976.21 0.78% Financials
OCEANEERING INTL OII 89,679 $5,276,712.36 0.75% Energy
CITY NATIONAL CORP CYN 66,342 $5,241,018.00 0.74% Financials
CHARLES RIVER LAB INTER CRL 83,036 $5,221,303.68 0.74% Health Care
GRAHAM HOLDINGS CO GHC 5,741 $5,118,503.37 0.73% Consumer Discretionary
FAIR ISAAC CORP FICO 74,774 $5,114,541.60 0.73% Information Technology
COVANCE, INC. CVD 48,390 $4,965,297.90 0.71% Health Care
CORELOGIC INC. CLGX 158,957 $4,959,458.40 0.70% Information Technology
GENESEE & WYOMING INC GWR 57,813 $4,908,323.70 0.70% Industrials
GLOBAL PAYMENTS, INC GPN 60,354 $4,780,640.34 0.68% Information Technology
EAST WEST BANCORP, INC. EWBC 125,460 $4,747,406.40 0.67% Financials
LINCOLN ELECTRIC HOLDINGS LECO 70,310 $4,738,894.00 0.67% Industrials
COGNEX CORP CGNX 118,278 $4,700,367.72 0.67% Information Technology
DOMINO'S PIZZA INC DPZ 50,235 $4,693,456.05 0.67% Consumer Discretionary
COPART INC. CPRT 125,625 $4,580,287.50 0.65% Industrials
FEI CO FEIC 51,396 $4,545,462.24 0.65% Information Technology
ADVENT SOFTWARE INC ADVS 137,112 $4,132,555.68 0.59% Information Technology
DELUXE CORP DLX 68,129 $4,108,859.99 0.58% Industrials
CIENA CORP CIEN 218,052 $4,053,586.68 0.58% Information Technology
OMEGA HEALTHCARE INVESTOR OHI 103,170 $4,007,122.80 0.57% Financials
BROADRIDGE FINANCIAL SOLU BR 89,741 $3,980,910.76 0.57% Information Technology
IDEX CORPORATION IEX 52,674 $3,921,579.30 0.56% Industrials
J. B. HUNT TRANSPORT SVCS JBHT 44,093 $3,664,128.30 0.52% Industrials
CARTER'S, INC. CRI 43,433 $3,517,638.67 0.50% Consumer Discretionary
ALEXANDER & BALDWIN INC ALEX 91,106 $3,412,830.76 0.49% Financials
ROSETTA RESOURCES INC ROSE 162,352 $3,284,380.96 0.47% Energy
NEUSTAR INC-CLASS A NSR 118,826 $3,185,725.06 0.45% Information Technology
SOTHEBY'S BID 76,830 $3,143,115.30 0.45% Consumer Discretionary
TRIMBLE NAVIGATION TRMB 114,289 $3,066,945.32 0.44% Information Technology
DRIL-QUIP, INC. DRQ 41,657 $3,056,790.66 0.43% Energy
CREE, INC. CREE 96,074 $2,897,591.84 0.41% Information Technology
GULFPORT ENERGY CORP GPOR 68,712 $2,848,112.40 0.40% Energy
COMMVAULT SYSTEMS INC CVLT 53,746 $2,680,313.02 0.38% Information Technology
ACXIOM CORP ACXM 119,516 $2,442,907.04 0.35% Information Technology
DREAMWORKS ANIMATION SKG- DWA 95,145 $2,078,918.25 0.30% Consumer Discretionary
CARBO CERAMICS INC CRR 46,641 $1,829,260.02 0.26% Energy


*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.


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