RFV

Guggenheim S&P MidCap 400 Pure Value ETF
NAV $51.89
Change $0.09 | 0.17%
As Of 10/30/14

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 $51.89
Change $0.09 | 0.17%


Summary


Ticker RFV
CUSIP 78355W502
Asset Class Style
Inception Date 3/1/06
Gross Expense Ratio 0.38%
IOPV Ticker RFV.IV
Related Index Ticker SPMPV
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

Volume 19,809
Last Sale Price $51.87
52-Week Range $54.83 / $47.15
Shares Outstanding 2,250,499
Total Net Assets $116,777,629.25

Overall Morningstar RatingTM *

as of 9/30/14

Among Small Value Funds

The Fund was rated, based on its risk-adjusted returns, 4 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 $51.87
Premium / Discount -$0.02
Change $0.05 | 0.10%
High / Low $52.16 / $51.66


Historical Market Closes to NAV

  Days % of Total Days
Premium 1007 46.13%
Discount 1017 46.59%
Equal to NAV 159 7.28%
Total 2,183 100%


Characteristics

Number of Stocks 95
Return on Equity (quarterly 9/30/14) 9.05%
Price to Earning (P/E) 13.69
Price to Book (P/B) 1.38
Dividend Amount $0.17
Ex-Dividend Date N/A

Risk

As of 9/30/14
Standard Deviation Sharpe Ratio Beta R-Squared
14.56 1.67 1.00 99.57

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 10/30/2014
Total Assets $116,777,629
Number of Stocks 95
Percent Stock 99.87%
Percent Cash / Other 0.13%

Sectors / Industries

as of 10/30/14

Holdings

as of 10/30/14

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
HEALTH NET INC HNT 65,723 $3,121,842.50 2.67% Health Care
INGRAM MICRO INC CL A IM 116,117 $3,041,104.23 2.60% Information Technology
TECH DATA CORP TECD 52,319 $3,032,409.24 2.60% Information Technology
COMMUNITY HEALTH SYSTEMS CYH 49,945 $2,653,078.40 2.27% Health Care
REINSURANCE GROUP OF AMER RGA 31,380 $2,601,088.20 2.23% Financials
JETBLUE AIRWAYS CORP JBLU 221,491 $2,476,269.38 2.12% Industrials
AECOM TECHNOLOGY CORP ACM 75,893 $2,438,442.09 2.09% Industrials
ARROW ELEC ARW 42,773 $2,356,792.30 2.02% Information Technology
AVNET INC. AVT 55,498 $2,338,130.74 2.00% Information Technology
LIFEPOINT HOSPITALS INC LPNT 31,785 $2,190,622.20 1.88% Health Care
PROTECTIVE LIFE CORP PL 30,733 $2,137,480.15 1.83% Financials
FIRST AMERICAN FINANCIAL FAF 69,130 $2,105,699.80 1.80% Financials
BIG LOTS, INC. BIG 46,580 $2,093,771.00 1.79% Consumer Discretionary
HANOVER INSURANCE GROUP THG 31,656 $2,069,985.84 1.77% Financials
SCIENCE APPLICATIONS INTE SAIC 40,718 $1,961,793.24 1.68% Information Technology
TELEPHONE DATA SYS TDS 75,914 $1,892,536.02 1.62% Telecommunication Services
UNIVERSAL CORP/RICHMOND V UVV 42,825 $1,841,903.25 1.58% Consumer Staples
WORLD FUEL SERVICES INT 43,765 $1,757,602.40 1.51% Energy
HOLLYFRONTIER CORP HFC 38,934 $1,743,853.86 1.49% Energy
SUPERIOR ENERGY SERVICES SPN 67,549 $1,687,374.02 1.44% Energy
MURPHY USA INC MUSA 29,589 $1,673,849.73 1.43% Consumer Discretionary
VISHAY INTERTECH INC VSH 120,765 $1,601,343.90 1.37% Information Technology
ASPEN INSURANCE HOLDINGS AHL 36,755 $1,593,329.25 1.36% Financials
DOMTAR CORP. UFS 39,294 $1,563,508.26 1.34% Materials
STEEL DYNAMICS INC STLD 68,629 $1,548,270.24 1.33% Materials
LEXMARK INTERNATIONAL INC LXK 36,943 $1,541,631.39 1.32% Information Technology
CENTENE CORP CNC 16,981 $1,528,290.00 1.31% Health Care
UGI CORPORATION UGI 39,747 $1,499,256.84 1.28% Utilities
RENT-A-CENTER, INC RCII 46,243 $1,430,295.99 1.22% Consumer Discretionary
LEIDOS HOLDINGS LDOS 39,424 $1,424,389.12 1.22% Information Technology
WELLCARE GROUP, INC. WCG 21,598 $1,391,343.16 1.19% Health Care
KEMPER CORP KMPR 38,106 $1,386,677.34 1.19% Financials
BERKLEY (WR) CORP WRB 26,597 $1,356,181.03 1.16% Financials
AMERICAN FINANCIAL GROUP AFG 22,182 $1,322,269.02 1.13% Financials
CST BRANDS CST 34,897 $1,319,804.54 1.13% Consumer Discretionary
DEAN FOODS COMPANY DF 90,195 $1,298,808.00 1.11% Consumer Staples
GRANITE CONSTRUCTION INC GVA 35,375 $1,297,555.00 1.11% Industrials
ALLEGHANY CORPORATION Y 2,947 $1,289,283.03 1.10% Financials
COMMERCIAL METALS COMPANY CMC 77,818 $1,284,775.18 1.10% Materials
EVEREST RE GROUP RE 7,395 $1,253,526.45 1.07% Financials
PNM RESOURCES INC PNM 43,552 $1,249,506.88 1.07% Utilities
GREAT PLAINS ENERGY, INC. GXP 46,243 $1,243,474.27 1.06% Utilities
AGCO CORPORATION AGCO 27,960 $1,228,842.00 1.05% Industrials
ABERCROMBIE & FITCH ANF 36,357 $1,220,140.92 1.04% Consumer Discretionary
OWENS & MINOR OMI 36,802 $1,216,306.10 1.04% Health Care
RELIANCE STEEL & ALUMINUM RS 17,669 $1,162,266.82 1.00% Materials
ASHLAND INC ASH 10,793 $1,149,886.22 0.98% Materials
OSHKOSH CORPORATION OSK 25,370 $1,139,620.40 0.98% Industrials
HAWAIIAN ELECTRIC INDUSTR HE 40,240 $1,127,927.20 0.97% Utilities
STANCORP FINANCIAL GROUP SFG 16,292 $1,124,310.92 0.96% Financials
MDC HOLDINGS INC MDC 44,288 $1,118,272.00 0.96% Consumer Discretionary
MANPOWERGROUP MAN 16,653 $1,098,764.94 0.94% Industrials
ROWAN COMPANIES INC RDC 41,876 $993,298.72 0.85% Energy
HCC INSURANCE HOLDINGS HCC 18,373 $950,619.02 0.81% Financials
TIMKENSTEEL CORP TMST 22,860 $939,546.00 0.80% Materials
WGL HOLDINGS INC WGL 19,352 $915,349.60 0.78% Utilities
GREIF BROS CORP GEF 21,009 $913,471.32 0.78% Materials
EXELIS INC XLS 53,286 $912,256.32 0.78% Industrials
WESTAR ENERGY, INC. WR 24,132 $909,052.44 0.78% Utilities
ATMOS ENERGY CORP ATO 16,578 $883,938.96 0.76% Utilities
OLIN CORP OLN 35,498 $854,791.84 0.73% Materials
INGREDION INC INGR 10,881 $830,437.92 0.71% Consumer Staples
MERCURY GENERAL MCY 15,056 $795,709.60 0.68% Financials
FOOT LOCKER INC FL 14,149 $790,221.65 0.68% Consumer Discretionary
ESTERLINE TECHNOLOGIES CO ESL 6,859 $787,207.43 0.67% Industrials
UNITED NATURAL FOODS INC UNFI 10,445 $710,468.90 0.61% Consumer Staples
APOLLO GROUP INC APOL 25,258 $710,254.96 0.61% Consumer Discretionary
FIRST NIAGRA FI FNFG 95,628 $707,647.20 0.61% Financials
TRIUMPH GROUP INC TGI 10,270 $701,338.30 0.60% Industrials
CABOT CORP CBT 15,559 $701,244.13 0.60% Materials
DEVRY EDUCATION GROUP INC DV 14,329 $687,075.55 0.59% Consumer Discretionary
UNIT CORP UNT 14,234 $671,133.10 0.57% Energy
REGAL-BELOIT CORP. RBC 9,641 $669,085.40 0.57% Industrials
CONVERGYS CORP CVG 33,781 $667,512.56 0.57% Information Technology
ASTORIA FINANCIAL CORP AF 51,573 $666,323.16 0.57% Financials
FAIRCHILD SEMICONDUCTOR C FCS 47,067 $656,584.65 0.56% Information Technology
IDACORP INC IDA 10,270 $648,961.30 0.56% Utilities
JANUS CAPITAL GROUP INC JNS 42,314 $620,746.38 0.53% Financials
AARON'S INC AAN 24,114 $584,041.08 0.50% Consumer Discretionary
ANN INC ANN 14,888 $573,336.88 0.49% Consumer Discretionary
TIDEWATER TDW 15,357 $568,823.28 0.49% Energy
INTERNATIONAL BANCSHARES IBOC 20,104 $552,860.00 0.47% Financials
HANCOCK HOLDING CO HBHC 15,422 $535,760.28 0.46% Financials
KBR INC KBR 28,318 $534,077.48 0.46% Industrials
WERNER ENTERPRISES INC WERN 19,558 $530,412.96 0.45% Industrials
ITRON INC ITRI 13,544 $528,080.56 0.45% Information Technology
ONE GAS INC OGS 13,166 $498,069.78 0.43% Utilities
WPX ENERGY INC. WPX 26,518 $491,643.72 0.42% Energy
J C PENNEY JCP 62,977 $480,514.51 0.41% Consumer Discretionary
FULTON FIN. CORP. FULT 39,965 $468,789.45 0.40% Financials
POST HOLDINGS IN POST 12,447 $458,423.01 0.39% Consumer Staples
ASCENA RETAIL GROUP INC ASNA 36,441 $449,681.94 0.39% Consumer Discretionary
VALLEY NATIONAL BANCORP VLY 43,822 $433,837.80 0.37% Financials
NEW YORK COMMUNITY BANCOR NYCB 26,351 $415,291.76 0.36% Financials
VECTRUS INC VEC $6.38 0.00% Industrials

Disclosure

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.
 

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