RFV

Guggenheim S&P MidCap 400 Pure Value ETF
NAV $50.70
Change -$0.56 | -1.09%
As Of 7/27/15

Investment Objectives

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


Net Asset Value

Net Asset Value $50.70
Change -$0.56 | -1.09%


Summary


Ticker RFV
CUSIP 78355W502
Asset Class Style
Inception Date 3/1/06
Gross Expense Ratio 0.37%
IOPV Ticker RFV.IV
Related Index Ticker SPMPV
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

Volume 17,409
Last Sale Price $50.61
52-Week Range $56.96 / $47.95
Shares Outstanding 2,150,499
Total Net Assets $109,039,992.37

Overall Morningstar RatingTM *

as of 6/30/15

Among Small Value Funds

This Fund was rated, based on its risk-adjusted returns, 5 stars for 3 years, 4 stars for 5 years, and 4 stars Overall out of 14, 10, and 14 Small Value funds, respectively.

Market Close

Market Price $50.61
Premium / Discount -$0.09
Change -$0.71 | -1.38%
High / Low $51.52 / $50.53


Historical Market Closes to NAV

  Days % of Total Days
Premium 1086 45.88%
Discount 1111 46.94%
Equal to NAV 170 7.18%
Total 2,367 100%


Characteristics

Number of Stocks 106
Return on Equity (quarterly 6/30/15) 3.28%
Price to Earning (P/E) 13.82
Price to Book (P/B) 1.25
Dividend Amount $0.23
Ex-Dividend Date N/A

Risk

As of 6/30/15
Standard Deviation Sharpe Ratio Beta R-Squared
12.33 1.56 1.00 99.64

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 7/27/2015
Total Assets $109,039,992
Number of Stocks 106
Percent Stock 99.82%
Percent Cash / Other 0.18%

Sectors / Industries

as of 7/27/15

Holdings

as of 7/27/15

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
AGCO CORPORATION AGCO 50,806 $2,629,718.56 2.41% Industrials
REINSURANCE GROUP OF AMER RGA 24,281 $2,335,103.77 2.14% Financials
HOLLYFRONTIER CORP HFC 48,287 $2,206,715.90 2.02% Energy
DOMTAR CORP. UFS 54,843 $2,149,297.17 1.97% Materials
MANPOWERGROUP MAN 23,763 $2,107,065.21 1.93% Industrials
ASCENA RETAIL GROUP INC ASNA 154,355 $1,929,437.50 1.77% Consumer Discretionary
NABORS INDUSTRIES, LTD. NBR 169,714 $1,897,402.52 1.74% Energy
INGRAM MICRO INC CL A IM 77,240 $1,859,166.80 1.71% Information Technology
TECH DATA CORP TECD 33,089 $1,837,101.28 1.68% Information Technology
OLD REPUBLIC INTL CORP ORI 110,386 $1,788,253.20 1.64% Financials
AECOM TECHNOLOGY CORP ACM 60,320 $1,782,456.00 1.63% Industrials
AVNET INC. AVT 44,559 $1,760,971.68 1.61% Information Technology
HANOVER INSURANCE GROUP THG 22,154 $1,736,208.98 1.59% Financials
ARROW ELEC ARW 32,440 $1,713,805.20 1.57% Information Technology
KBR INC KBR 99,251 $1,701,162.14 1.56% Industrials
STANCORP FINANCIAL GROUP SFG 14,816 $1,687,542.40 1.55% Financials
RELIANCE STEEL & ALUMINUM RS 28,072 $1,680,951.36 1.54% Materials
COMMUNITY HEALTH SYSTEMS CYH 28,211 $1,625,799.93 1.49% Health Care
ASPEN INSURANCE HOLDINGS AHL 32,828 $1,581,981.32 1.45% Financials
KEMPER CORP KMPR 40,597 $1,554,053.16 1.43% Financials
COMMERCIAL METALS COMPANY CMC 102,716 $1,543,821.48 1.42% Materials
TELEPHONE DATA SYS TDS 56,105 $1,542,326.45 1.41% Telecommunication Services
NOBLE CORP NE 125,903 $1,536,016.60 1.41% Energy
HEALTH NET INC HNT 23,310 $1,529,136.00 1.40% Health Care
MDC HOLDINGS INC MDC 52,509 $1,519,610.46 1.39% Consumer Discretionary
PATTERSON-UTI ENERGY INC PTEN 94,719 $1,488,982.68 1.37% Energy
WORLD FUEL SERVICES INT 31,678 $1,469,225.64 1.35% Energy
WESTERN REFINING INC WNR 32,931 $1,444,024.35 1.32% Energy
CNO FINANCIAL GROUP INC CNO 77,054 $1,431,663.32 1.31% Financials
TEREX CORP. TEX 67,232 $1,391,030.08 1.28% Industrials
AMERICAN FINANCIAL GROUP AFG 19,894 $1,340,855.60 1.23% Financials
FIRST AMERICAN FINANCIAL FAF 32,805 $1,301,046.30 1.19% Financials
ORBITAL ATK INC OA 19,116 $1,300,652.64 1.19% Industrials
WELLCARE GROUP, INC. WCG 16,062 $1,254,602.82 1.15% Health Care
HALYARD HEALTH HYH 30,649 $1,247,414.30 1.14% Health Care
OWENS & MINOR OMI 35,554 $1,207,413.84 1.11% Health Care
SUPERIOR ENERGY SERVICES SPN 67,487 $1,185,071.72 1.09% Energy
TIME INC TIME 51,526 $1,143,361.94 1.05% Consumer Discretionary
JABIL CIRCUIT, INC. JBL 56,906 $1,103,407.34 1.01% Information Technology
EVEREST RE GROUP RE 5,906 $1,101,764.30 1.01% Financials
RENT-A-CENTER, INC RCII 41,799 $1,100,985.66 1.01% Consumer Discretionary
R.R.DONNELLEY & SONS CO. RRD 66,381 $1,092,963.17 1.00% Industrials
ROWAN COMPANIES INC RDC 61,056 $1,006,202.88 0.92% Energy
OSHKOSH CORPORATION OSK 25,965 $964,599.75 0.88% Industrials
VISHAY INTERTECH INC VSH 85,460 $956,297.40 0.88% Information Technology
UNITED STATES STEEL CORP X 56,283 $945,554.40 0.87% Materials
ONE GAS INC OGS 21,346 $930,899.06 0.85% Utilities
GREIF BROS CORP GEF 29,979 $905,365.80 0.83% Materials
MURPHY USA INC MUSA 16,560 $878,508.00 0.81% Consumer Discretionary
CABOT CORP CBT 25,570 $878,329.50 0.81% Materials
ATWOOD OCEANICS INC ATW 41,536 $865,194.88 0.79% Energy
ABERCROMBIE & FITCH ANF 42,504 $848,379.84 0.78% Consumer Discretionary
J C PENNEY JCP 101,397 $835,511.28 0.77% Consumer Discretionary
HCC INSURANCE HOLDINGS HCC 10,815 $834,701.70 0.77% Financials
FTI CONSULTING INC FCN 20,110 $818,879.20 0.75% Industrials
GUESS? INC GES 36,986 $815,911.16 0.75% Consumer Discretionary
DENBURY RESOURCES INC DNR 214,609 $811,222.02 0.74% Energy
FIRSTMERIT CORP FMER 38,952 $785,661.84 0.72% Financials
CASEY'S GENERAL STORES IN CASY 7,884 $771,764.76 0.71% Consumer Staples
SM ENERGY CO SM 23,475 $766,224.00 0.70% Energy
STEEL DYNAMICS INC STLD 40,193 $765,274.72 0.70% Materials
CST BRANDS CST 20,423 $761,777.90 0.70% Consumer Discretionary
AARON'S INC AAN 22,447 $761,626.71 0.70% Consumer Discretionary
ASSOCIATED BANC CORP ASB 38,365 $752,337.65 0.69% Financials
CON-WAY INC. CNW 20,762 $743,071.98 0.68% Industrials
QEP RESOURCES IN QEP 57,938 $742,765.16 0.68% Energy
GREAT PLAINS ENERGY, INC. GXP 29,098 $732,978.62 0.67% Utilities
TRIUMPH GROUP INC TGI 12,640 $732,488.00 0.67% Industrials
NOW INC/DE DNOW 40,806 $726,754.86 0.67% Industrials
INTERNATIONAL BANCSHARES IBOC 27,098 $720,535.82 0.66% Financials
FULTON FIN. CORP. FULT 56,794 $717,308.22 0.66% Financials
TRUSTMARK CORP TRMK 29,669 $711,165.93 0.65% Financials
MERCURY GENERAL MCY 12,520 $702,872.80 0.64% Financials
DEAN FOODS COMPANY DF 39,910 $682,461.00 0.63% Consumer Staples
UMPQUA HOLDINGS CORP UMPQ 37,180 $669,054.10 0.61% Financials
LEXMARK INTERNATIONAL INC LXK 19,738 $662,012.52 0.61% Information Technology
CONVERGYS CORP CVG 26,608 $657,483.68 0.60% Information Technology
HAWAIIAN ELECTRIC INDUSTR HE 22,483 $653,355.98 0.60% Utilities
WASHINGTON FEDERAL WAFD 27,250 $638,467.50 0.59% Financials
INTL SPEEDWAY CORP-CL A ISCA 18,499 $623,046.32 0.57% Consumer Discretionary
HANCOCK HOLDING CO HBHC 21,246 $602,536.56 0.55% Financials
OLIN CORP OLN 26,672 $596,919.36 0.55% Materials
SPX CORP SPW 9,459 $592,795.53 0.54% Industrials
KENNAMETAL INC KMT 19,049 $591,661.94 0.54% Industrials
NCR CORPORATION NCR 19,512 $585,360.00 0.54% Information Technology
MDU RESOURCES GROUP INC MDU 30,304 $553,957.12 0.51% Utilities
DANA HOLDING CORP DAN 30,469 $553,317.04 0.51% Consumer Discretionary
ANN INC ANN 11,781 $537,920.46 0.49% Consumer Discretionary
ADVANCED MICRO DEVICESINC AMD 324,856 $526,266.72 0.48% Information Technology
GRANITE CONSTRUCTION INC GVA 15,778 $524,460.72 0.48% Industrials
REGAL-BELOIT CORP. RBC 7,803 $513,437.40 0.47% Industrials
ATMOS ENERGY CORP ATO 9,027 $490,075.83 0.45% Utilities
TCF FINANCIAL CORP TCB 29,085 $474,376.35 0.44% Financials
BEMIS COMPANY, INC. BMS 10,795 $470,877.90 0.43% Materials
NEW YORK COMMUNITY BANCOR NYCB 25,406 $467,724.46 0.43% Financials
VALLEY NATIONAL BANCORP VLY 45,975 $463,428.00 0.43% Financials
ALLEGHENY TECHNOLOGIES ATI 21,545 $457,831.25 0.42% Materials
UNITED NATURAL FOODS INC UNFI 9,601 $442,798.12 0.41% Consumer Staples
OFFICE DEPOT INC. ODP 57,325 $437,389.75 0.40% Consumer Discretionary
WGL HOLDINGS INC WGL 7,896 $426,620.88 0.39% Utilities
PROSPERITY BANCSHARES INC PB 7,789 $416,945.17 0.38% Financials
OIL STATES INTERNATIONAL OIS 13,117 $381,835.87 0.35% Energy
AVON PRODUCTS, INC. AVP 66,665 $349,991.25 0.32% Consumer Staples
TIMKEN COMPANY TKR 9,849 $310,637.46 0.28% Industrials
TIMKENSTEEL CORP TMST 14,231 $276,366.02 0.25% Materials
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 201,425 $201,424.76 0.18% NA
HELIX ENERGY SOLUTIONS GR HLX 21,062 $178,184.52 0.16% Energy

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 timeperiod 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 Investments. 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.

© 2015 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.
 

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