Guggenheim S&P MidCap 400 Pure Growth ETF
NAV $121.88
Change -$0.34 | -0.28%
As Of 12/19/14

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 $121.88
Change -$0.34 | -0.28%


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 17,520
Last Sale Price $121.81
52-Week Range $127.93 / $111.80
Shares Outstanding 6,350,021
Total Net Assets $773,951,491.15

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 $121.81
Premium / Discount -$0.07
Change -$0.19 | -0.16%
High / Low $122.63 / $121.54

Historical Market Closes to NAV

  Days % of Total Days
Premium 1004 45.27%
Discount 1064 47.97%
Equal to NAV 150 6.76%
Total 2,218 100%


Number of Stocks 94
Return on Equity (quarterly 9/30/14) 16.90%
Price to Earning (P/E) 20.29
Price to Book (P/B) 2.59
Dividend Amount $0.21
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 12/19/2014
Total Assets $773,951,491
Number of Stocks 94
Percent Stock 100.05%
Percent Cash / Other -0.05%

Sectors / Industries

as of 12/19/14


as of 12/19/14

Security Name Ticker Shares
% of Net Assets Sector / Industry
SALIX PHARMACEUTICALS LTD SLXP 198,814 $23,301,000.80 3.01% Health Care
SYNOVUS FINANCIAL CORP SNV 763,407 $20,123,408.52 2.60% Financials
UNITED THERAPEUTICS CORP UTHR 149,750 $20,000,610.00 2.58% Health Care
ENDO INETERNATIONAL PLC ENDP 218,079 $15,919,767.00 2.06% Health Care
SMITH (A.O.) CORPORATION AOS 289,655 $15,774,611.30 2.04% Industrials
DECKERS OUTDOOR CORP DECK 165,529 $15,445,510.99 2.00% Consumer Discretionary
TEMPUR-PEDIC INTERNATIONA TPX 285,646 $15,276,348.08 1.97% Consumer Discretionary
SVB FINANCIAL GROUP SIVB 132,509 $15,242,510.27 1.97% Financials
TRINITY INDUSTRIES TRN 543,844 $15,184,124.48 1.96% Industrials
UMPQUA HOLDINGS CORP UMPQ 883,268 $15,006,723.32 1.94% Financials
BANCORPSOUTH INC BXS 620,797 $13,732,029.64 1.77% Financials
THE WENDY'S CO. WEN 1,534,890 $13,261,449.60 1.71% Consumer Discretionary
CATHAY GENERAL BANCORP CATY 528,507 $13,186,249.65 1.70% Financials
WABTEC CORPORATION WAB 140,663 $12,293,946.20 1.59% Industrials
CORPORATE EXECUTIVE BOARD CEB 168,789 $12,164,623.23 1.57% Industrials
OLD DOMINION FREIGHT LINE ODFL 156,670 $12,101,190.80 1.56% Industrials
ASSOCIATED BANC CORP ASBC 659,265 $12,064,549.50 1.56% Financials
PACWEST BANCORP PACW 258,347 $11,677,284.40 1.51% Financials
POLARIS INDUSTRIES INC PII 78,297 $11,630,236.38 1.50% Consumer Discretionary
ALASKA AIR GROUP INC ALK 205,991 $11,568,454.56 1.49% Industrials
BE AEROSPACE INC BEAV 195,109 $11,530,941.90 1.49% Industrials
OLD REPUBLIC INTL CORP ORI 794,840 $11,461,592.80 1.48% Financials
TOLL BROTHERS, INC. TOL 347,180 $11,279,878.20 1.46% Consumer Discretionary
ULTIMATE SOFTWARE GROUP I ULTI 72,091 $10,789,859.97 1.39% Information Technology
TYLER TECHNOLOGIES INC TYL 95,631 $10,535,667.27 1.36% Information Technology
KIRBY KEX 125,792 $10,171,541.12 1.31% Industrials
PATTERSON-UTI ENERGY INC PTEN 568,906 $9,927,409.70 1.28% Energy
PTC INC PTC 262,120 $9,538,546.80 1.23% Information Technology
JARDEN CORPORATION JAH 200,857 $9,412,159.02 1.22% Consumer Discretionary
HANESBRANDS INC HBI 83,663 $9,343,483.84 1.21% Consumer Discretionary
ALIGN TECHNOLOGY ALGN 162,549 $9,237,659.67 1.19% Health Care
SLM CORPORATION SLM 910,337 $9,003,232.93 1.16% Financials
CUBIST PHARMACEUTICALS IN CBST 90,617 $8,941,179.39 1.16% Health Care
CBOE HOLDINGS IN CBOE 137,176 $8,802,583.92 1.14% Financials
WEX INC WEX 84,896 $8,640,714.88 1.12% Information Technology
LKQ CORPORATION LKQ 310,601 $8,575,693.61 1.11% Consumer Discretionary
SIGNATURE BANK SBNY 69,177 $8,554,427.82 1.11% Financials
PACKAGING CORP AMER PKG 106,341 $8,448,792.45 1.09% Materials
HAIN CELESTIAL GROUP INC HAIN 71,431 $8,321,711.50 1.08% Consumer Staples
MENTOR GRAPHICS CORP MENT 378,261 $8,238,524.58 1.06% Information Technology
BELDEN INC. BDC 101,990 $8,032,732.40 1.04% Information Technology
ACI WORLDWIDE INC ACIW 398,270 $7,973,365.40 1.03% Information Technology
SUPERVALU INC SVU 844,958 $7,967,953.94 1.03% Consumer Staples
GENTEX CORPORATION GNTX 217,525 $7,961,415.00 1.03% Consumer Discretionary
BRINKER INTL INC EAT 139,249 $7,952,510.39 1.03% Consumer Discretionary
HNI CORP HNI 156,387 $7,808,402.91 1.01% Industrials
TOWERS WATSON & CO TW 67,903 $7,719,892.07 1.00% Industrials
WASHINGTON FEDERAL WAFD 328,493 $7,272,835.02 0.94% Financials
GRACO GGG 90,838 $7,172,568.48 0.93% Industrials
OIL STATES INTERNATIONAL OIS 144,586 $7,038,446.48 0.91% Energy
WADDELL & REED FINANCIAL WDR 139,490 $6,829,430.40 0.88% Financials
EAGLE MATERIALS INC. EXP 84,023 $6,722,680.23 0.87% Materials
3D SYSTEMS CORPORATION DDD 208,476 $6,610,773.96 0.85% Information Technology
BRUNSWICK CORP/DE BC 127,034 $6,440,623.80 0.83% Consumer Discretionary
TEREX CORP. TEX 228,630 $6,394,781.10 0.83% Industrials
FORTUNE BRANDS H FBHS 138,606 $6,248,358.48 0.81% Industrials
MSCI INC MSCI 126,887 $6,076,618.43 0.79% Financials
SM ENERGY CO SM 156,455 $6,064,195.80 0.78% Energy
WORTHINGTON INDUSTRIES IN WOR 196,181 $5,897,200.86 0.76% Materials
FAIR ISAAC CORP FICO 81,164 $5,829,198.48 0.75% Information Technology
CHARLES RIVER LAB INTER CRL 90,126 $5,764,458.96 0.74% Health Care
OCEANEERING INTL OII 97,339 $5,740,080.83 0.74% Energy
CITY NATIONAL CORP CYN 72,012 $5,732,875.32 0.74% Financials
GENESEE & WYOMING INC GWR 62,753 $5,596,312.54 0.72% Industrials
GRAHAM HOLDINGS CO GHC 6,231 $5,486,582.43 0.71% Consumer Discretionary
CORELOGIC INC. CLGX 172,537 $5,448,718.46 0.70% Information Technology
COVANCE, INC. CVD 52,520 $5,418,488.40 0.70% Health Care
GLOBAL PAYMENTS, INC GPN 65,514 $5,326,288.20 0.69% Information Technology
LINCOLN ELECTRIC HOLDINGS LECO 76,320 $5,267,606.40 0.68% Industrials
DOMINO'S PIZZA INC DPZ 54,525 $5,217,497.25 0.67% Consumer Discretionary
EAST WEST BANCORP, INC. EWBC 136,180 $5,183,010.80 0.67% Financials
COGNEX CORP CGNX 128,378 $5,174,917.18 0.67% Information Technology
FEI CO FEIC 55,786 $5,020,182.14 0.65% Information Technology
COPART INC. CPRT 136,355 $5,009,682.70 0.65% Industrials
CIENA CORP CIEN 236,682 $4,582,163.52 0.59% Information Technology
DELUXE CORP DLX 73,949 $4,544,905.54 0.59% Industrials
ADVENT SOFTWARE INC ADVS 148,822 $4,540,559.22 0.59% Information Technology
BROADRIDGE FINANCIAL SOLU BR 97,411 $4,433,174.61 0.57% Information Technology
IDEX CORPORATION IEX 57,174 $4,402,969.74 0.57% Industrials
OMEGA HEALTHCARE INVESTOR OHI 111,980 $4,342,584.40 0.56% Financials
ROSETTA RESOURCES INC ROSE 176,222 $4,012,574.94 0.52% Energy
J. B. HUNT TRANSPORT SVCS JBHT 47,863 $4,012,355.29 0.52% Industrials
ALEXANDER & BALDWIN INC ALEX 98,886 $4,004,883.00 0.52% Financials
CARTER'S, INC. CRI 47,143 $3,921,826.17 0.51% Consumer Discretionary
SOTHEBY'S BID 83,390 $3,537,403.80 0.46% Consumer Discretionary
DRIL-QUIP, INC. DRQ 45,217 $3,506,578.35 0.45% Energy
NEUSTAR INC-CLASS A NSR 128,976 $3,413,994.72 0.44% Information Technology
TRIMBLE NAVIGATION TRMB 124,049 $3,402,664.07 0.44% Information Technology
GULFPORT ENERGY CORP GPOR 74,582 $3,265,199.96 0.42% Energy
CREE, INC. CREE 104,284 $3,254,703.64 0.42% Information Technology
COMMVAULT SYSTEMS INC CVLT 58,336 $3,011,304.32 0.39% Information Technology
ACXIOM CORP ACXM 129,726 $2,576,358.36 0.33% Information Technology
DREAMWORKS ANIMATION SKG- DWA 103,275 $2,304,065.25 0.30% Consumer Discretionary
CARBO CERAMICS INC CRR 50,621 $2,143,293.14 0.28% 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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