RFG

Guggenheim S&P MidCap 400 Pure Growth ETF
NAV $119.87
Change -$0.49 | -0.41%
As Of 4/23/14

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 $119.87
Change -$0.49 | -0.41%


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 Distributors, LLC.


Profile

Volume 15,010
Last Sale Price $119.75
52-Week Range $126.30 / $98.03
Shares Outstanding 6,850,021
Total Net Assets $821,107,153.63

Overall Morningstar RatingTM *

as of 12/31/13

Among Mid-Cap Growth Funds

As of 12/31/2013, this fund was rated, based on its risk-adjusted returns, 4 stars for 3 years, 5 stars for 5 years, and 5 stars Overall out of 12, 10 and 12 Mid-Cap Growth funds, respectively.

Market Close

Market Price $119.75
Premium / Discount -$0.12
Change -$0.51 | -0.42%
High / Low $120.71 / $119.75


Historical Market Closes to NAV

  Days % of Total Days
Premium 959 46.78%
Discount 948 46.24%
Equal to NAV 143 6.98%
Total 2,050 100%


Characteristics

Number of Stocks 95
Return on Equity (quarterly 3/31/14) 18.29%
Price to Earning (P/E) 28.49
Price to Book (P/B) 5.17
Dividend Amount $0.18
Ex-Dividend Date N/A

Risk

As of 3/31/14
Standard Deviation Sharpe Ratio Beta R-Squared
15.33 0.86 1.01 99.89

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 4/23/2014
Total Assets $821,107,154
Number of Stocks 95
Percent Stock 99.93%
Percent Cash / Other 0.07%

Sectors / Industries

as of 4/23/14

Holdings

as of 4/23/14

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
SALIX PHARMACEUTICALS LTD SLXP 206,542 $22,709,292.90 2.77% Health Care
TRINITY INDUSTRIES TRN 282,497 $20,452,782.80 2.49% Industrials
PATTERSON-UTI ENERGY INC PTEN 591,033 $19,793,695.17 2.41% Energy
SYNOVUS FINANCIAL CORP SNV 5,551,663 $18,320,487.90 2.23% Financials
UMPQUA HOLDINGS CORP UMPQ 908,644 $16,010,307.28 1.95% Financials
BANCORPSOUTH INC BXS 644,935 $15,575,180.25 1.90% Financials
SVB FINANCIAL GROUP SIVB 137,660 $15,561,086.40 1.90% Financials
TEMPUR-PEDIC INTERNATIONA TPX 296,755 $14,814,009.60 1.80% Consumer Discretionary
UNITED THERAPEUTICS CORP UTHR 155,569 $14,565,925.47 1.77% Health Care
UNDER ARMOUR INC UA 262,579 $14,294,800.76 1.74% Consumer Discretionary
SMITH (A.O.) CORPORATION AOS 300,914 $14,224,204.78 1.73% Industrials
ENDO INTERNATIONAL PLC ENDP 226,562 $14,051,375.24 1.71% Health Care
OLD REPUBLIC INTL CORP ORI 825,755 $13,963,517.05 1.70% Financials
UNITED RENTALS URI 146,081 $13,798,811.26 1.68% Industrials
DECKERS OUTDOOR CORP DECK 171,963 $13,547,245.14 1.65% Consumer Discretionary
THE WENDY'S CO. WEN 1,594,585 $13,474,243.25 1.64% Consumer Discretionary
KIRBY KEX 130,684 $13,463,065.68 1.64% Industrials
CATHAY GENERAL BANCORP CATY 549,063 $13,430,080.98 1.64% Financials
SM ENERGY CO SM 162,542 $12,788,804.56 1.56% Energy
BE AEROSPACE INC BEAV 146,421 $12,677,130.18 1.54% Industrials
CORPORATE EXECUTIVE BOARD CEB 175,356 $12,483,593.64 1.52% Industrials
ASSOCIATED BANC CORP ASBC 684,908 $12,266,702.28 1.49% Financials
TOLL BROTHERS, INC. TOL 360,684 $12,140,623.44 1.48% Consumer Discretionary
POLARIS INDUSTRIES INC PII 81,344 $11,353,182.08 1.38% Consumer Discretionary
PACWEST BANCORP PACW 268,396 $10,947,872.84 1.33% Financials
3D SYSTEMS CORPORATION DDD 216,581 $10,933,008.88 1.33% Information Technology
WABTEC CORPORATION WAB 146,133 $10,888,369.83 1.33% Industrials
ALASKA AIR GROUP INC ALK 107,001 $10,267,815.96 1.25% Industrials
TEREX CORP. TEX 237,525 $10,213,575.00 1.24% Industrials
WADDELL & REED FINANCIAL WDR 144,912 $10,065,587.52 1.23% Financials
BALLY TECHNOLOGIES INC BYI 156,248 $9,827,999.20 1.20% Consumer Discretionary
PTC INC PTC 272,312 $9,517,304.40 1.16% Information Technology
UNIVERSAL HEALTH SERVICES UHS 122,453 $9,379,899.80 1.14% Health Care
OLD DOMINION FREIGHT LINE ODFL 162,763 $9,189,598.98 1.12% Industrials
ROSETTA RESOURCES INC ROSE 183,074 $8,998,087.10 1.10% Energy
SIGNATURE BANK SBNY 71,871 $8,860,256.88 1.08% Financials
ALIGN TECHNOLOGY ALGN 168,873 $8,857,388.85 1.08% Health Care
LKQ CORPORATION LKQ 322,685 $8,741,536.65 1.06% Consumer Discretionary
OIL STATES INTERNATIONAL OIS 85,815 $8,405,579.25 1.02% Energy
MENTOR GRAPHICS CORP MENT 392,970 $8,323,104.60 1.01% Information Technology
ACI WORLDWIDE INC ACIW 137,921 $8,162,164.78 0.99% Information Technology
WEX INC WEX 88,199 $8,142,531.68 0.99% Information Technology
JARDEN CORPORATION JAH 139,111 $7,816,647.09 0.95% Consumer Discretionary
TOWERS WATSON & CO TW 70,548 $7,782,149.88 0.95% Industrials
WORTHINGTON INDUSTRIES IN WOR 203,809 $7,644,875.59 0.93% Materials
WASHINGTON FEDERAL WAFD 341,270 $7,552,305.10 0.92% Financials
EAGLE MATERIALS INC. EXP 87,293 $7,523,783.67 0.92% Materials
CBOE HOLDINGS IN CBOE 142,507 $7,505,843.69 0.91% Financials
OCEANEERING INTL OII 101,125 $7,462,013.75 0.91% Energy
PACKAGING CORP AMER PKG 110,476 $7,451,606.20 0.91% Materials
CARBO CERAMICS INC CRR 52,593 $7,216,285.53 0.88% Energy
BRINKER INTL INC EAT 144,664 $7,142,061.68 0.87% Consumer Discretionary
GRACO GGG 94,370 $6,999,422.90 0.85% Industrials
GENTEX CORPORATION GNTX 225,983 $6,813,387.45 0.83% Consumer Discretionary
SUPERVALU INC SVU 877,816 $6,618,732.64 0.81% Consumer Staples
HANESBRANDS INC HBI 86,921 $6,468,660.82 0.79% Consumer Discretionary
HAIN CELESTIAL GROUP INC HAIN 74,210 $6,432,522.80 0.78% Consumer Staples
GENESEE & WYOMING INC GWR 65,192 $6,349,700.80 0.77% Industrials
CONCUR TECHNOLOGIES INC CNQR 67,470 $6,294,951.00 0.77% Information Technology
CONVERSANT INC CNVR 249,536 $6,255,867.52 0.76% Information Technology
CUBIST PHARMACEUTICALS IN CBST 94,142 $6,249,145.96 0.76% Health Care
FORTUNE BRANDS H FBHS 143,994 $5,945,512.26 0.72% Industrials
HNI CORP HNI 162,467 $5,843,937.99 0.71% Industrials
AFFILIATED MANAGERS GROUP AMG 31,128 $5,787,006.48 0.70% Financials
CITY NATIONAL CORP CYN 74,810 $5,719,224.50 0.70% Financials
GULFPORT ENERGY CORP GPOR 77,482 $5,655,411.18 0.69% Energy
BRUNSWICK CORP/DE BC 131,971 $5,654,957.35 0.69% Consumer Discretionary
MSCI INC MSCI 131,817 $5,573,222.76 0.68% Financials
CREE, INC. CREE 108,337 $5,529,520.48 0.67% Information Technology
FEI CO FEIC 57,955 $5,423,428.90 0.66% Information Technology
CHARLES RIVER LAB INTER CRL 93,633 $5,366,107.23 0.65% Health Care
DRIL-QUIP, INC. DRQ 46,974 $5,306,652.78 0.65% Energy
LINCOLN ELECTRIC HOLDINGS LECO 79,284 $5,196,273.36 0.63% Industrials
COVANCE, INC. CVD 54,565 $5,189,677.15 0.63% Health Care
CORELOGIC INC. CLGX 179,245 $5,167,633.35 0.63% Information Technology
EAST WEST BANCORP, INC. EWBC 141,474 $5,151,068.34 0.63% Financials
COPART INC. CPRT 141,659 $5,084,141.51 0.62% Industrials
CIENA CORP CIEN 245,882 $5,055,333.92 0.62% Information Technology
TRIMBLE NAVIGATION TRMB 128,875 $5,020,970.00 0.61% Information Technology
FAIR ISAAC CORP FICO 84,319 $4,582,737.65 0.56% Information Technology
GLOBAL PAYMENTS, INC GPN 68,058 $4,539,468.60 0.55% Information Technology
IDEX CORPORATION IEX 59,397 $4,420,324.74 0.54% Industrials
ADVENT SOFTWARE INC ADVS 154,612 $4,293,575.24 0.52% Information Technology
DOMINO'S PIZZA INC DPZ 56,647 $4,263,253.22 0.52% Consumer Discretionary
ACXIOM CORP ACXM 134,770 $4,218,301.00 0.51% Information Technology
COMMVAULT SYSTEMS INC CVLT 60,606 $4,076,965.62 0.50% Information Technology
OMEGA HEALTHCARE INVESTOR OHI 116,337 $4,069,468.26 0.50% Financials
DELUXE CORP DLX 76,824 $4,009,444.56 0.49% Industrials
ALEXANDER & BALDWIN INC ALEX 102,733 $3,972,685.11 0.48% Financials
J. B. HUNT TRANSPORT SVCS JBHT 49,722 $3,786,330.30 0.46% Industrials
BROADRIDGE FINANCIAL SOLU BR 101,194 $3,764,416.80 0.46% Information Technology
NEUSTAR INC-CLASS A NSR 133,992 $3,741,056.64 0.46% Information Technology
CARTER'S, INC. CRI 48,977 $3,592,952.72 0.44% Consumer Discretionary
SOTHEBY'S BID 86,636 $3,521,753.40 0.43% Consumer Discretionary
DREAMWORKS ANIMATION SKG- DWA 107,289 $2,962,249.29 0.36% Consumer Discretionary
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 552,376 $552,376.28 0.07% 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.
 

2014 Guggenheim Investments. All Rights Reserved.

• Not FDIC Insured • No Bank Guarantee • May Lose Value

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.