RFV

Guggenheim S&P MidCap 400 Pure Value ETF
NAV $51.33
Change $0.37 | 0.73%
As Of 4/22/14

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 $51.33
Change $0.37 | 0.73%


Summary


Ticker RFV
CUSIP 78355W502
Asset Class Style
Inception Date 3/1/06
Gross Expense Ratio 0.36%
IOPV Ticker RFV.IV
Related Index Ticker SPMPV
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Distributors, LLC.


Profile

Volume 12,291
Last Sale Price $51.40
52-Week Range $52.05 / $40.87
Shares Outstanding 1,850,499
Total Net Assets $94,979,770.68

Overall Morningstar RatingTM *

as of 12/31/13

Among Small Value Funds

As of 12/31/2013, this 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 12, 10 and 12 Small Value funds, respectively

Market Close

Market Price $51.40
Premium / Discount $0.07
Change $0.48 | 0.94%
High / Low $51.50 / $51.00


Historical Market Closes to NAV

  Days % of Total Days
Premium 928 45.29%
Discount 971 47.39%
Equal to NAV 150 7.32%
Total 2,049 100%


Characteristics

Number of Stocks 96
Return on Equity (quarterly 3/31/14) 9.45%
Price to Earning (P/E) 16.81
Price to Book (P/B) 1.52
Dividend Amount $0.16
Ex-Dividend Date N/A

Risk

As of 3/31/14
Standard Deviation Sharpe Ratio Beta R-Squared
16.27 0.84 0.98 99.45

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 4/22/2014
Total Assets $94,979,771
Number of Stocks 96
Percent Stock 99.81%
Percent Cash / Other 0.19%

Sectors / Industries

as of 4/22/14

Holdings

as of 4/22/14

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
INGRAM MICRO INC CL A IM 93,094 $2,865,433.32 3.02% Information Technology
TECH DATA CORP TECD 41,946 $2,660,634.78 2.80% Information Technology
AVNET INC. AVT 44,495 $2,077,026.60 2.19% Information Technology
ARROW ELEC ARW 34,292 $2,059,920.44 2.17% Information Technology
AECOM TECHNOLOGY CORP ACM 61,155 $2,030,346.00 2.14% Industrials
URS CORPORATION URS 42,294 $2,013,617.34 2.12% Industrials
REINSURANCE GROUP OF AMER RGA 25,158 $1,980,689.34 2.09% Financials
UNIVERSAL CORP/RICHMOND V UVV 34,334 $1,836,182.32 1.93% Consumer Staples
SUPERIOR ENERGY SERVICES SPN 54,156 $1,762,777.80 1.86% Energy
HEALTH NET INC HNT 52,692 $1,726,716.84 1.82% Health Care
TELEPHONE DATA SYS TDS 60,862 $1,640,839.52 1.73% Telecommunication Services
HOLLYFRONTIER CORP HFC 31,215 $1,601,017.35 1.69% Energy
WORLD FUEL SERVICES INT 35,087 $1,559,617.15 1.64% Energy
JETBLUE AIRWAYS CORP JBLU 177,575 $1,525,369.25 1.61% Industrials
DOMTAR CORP. UFS 15,752 $1,518,335.28 1.60% Materials
HANOVER INSURANCE GROUP THG 25,379 $1,491,016.25 1.57% Financials
COMMUNITY HEALTH SYSTEMS CYH 40,042 $1,467,138.88 1.54% Health Care
BIG LOTS, INC. BIG 37,345 $1,463,924.00 1.54% Consumer Discretionary
FIRST AMERICAN FINANCIAL FAF 55,424 $1,441,578.24 1.52% Financials
VISHAY INTERTECH INC VSH 96,821 $1,428,109.75 1.50% Information Technology
LIFEPOINT HOSPITALS INC LPNT 25,482 $1,329,905.58 1.40% Health Care
ASPEN INSURANCE HOLDINGS AHL 29,468 $1,311,031.32 1.38% Financials
SCIENCE APPLICATIONS INTE SAIC 32,644 $1,295,640.36 1.36% Information Technology
AGCO CORPORATION AGCO 22,416 $1,271,211.36 1.34% Industrials
PROTECTIVE LIFE CORP PL 24,639 $1,258,806.51 1.33% Financials
LEXMARK INTERNATIONAL INC LXK 29,618 $1,229,739.36 1.29% Information Technology
KEMPER CORP KMPR 30,550 $1,196,949.00 1.26% Financials
LEIDOS HOLDINGS LDOS 31,607 $1,188,423.20 1.25% Information Technology
COMMERCIAL METALS COMPANY CMC 62,388 $1,186,619.76 1.25% Materials
OSHKOSH CORPORATION OSK 20,339 $1,168,475.55 1.23% Industrials
DEAN FOODS COMPANY DF 72,311 $1,133,836.48 1.19% Consumer Staples
WELLCARE GROUP, INC. WCG 17,316 $1,121,730.48 1.18% Health Care
GRANITE CONSTRUCTION INC GVA 28,361 $1,107,780.66 1.17% Industrials
ABERCROMBIE & FITCH ANF 29,148 $1,080,807.84 1.14% Consumer Discretionary
RENT-A-CENTER, INC RCII 37,074 $1,057,721.22 1.11% Consumer Discretionary
MANPOWERGROUP MAN 13,352 $1,039,853.76 1.09% Industrials
OWENS & MINOR OMI 29,505 $1,038,280.95 1.09% Health Care
AMERICAN FINANCIAL GROUP AFG 17,785 $1,021,392.55 1.08% Financials
RELIANCE STEEL & ALUMINUM RS 14,166 $1,020,235.32 1.07% Materials
FIDELITY NATIONAL FINANCI FNF 32,378 $1,014,726.52 1.07% Financials
STEEL DYNAMICS INC STLD 55,022 $1,000,850.18 1.05% Materials
GREAT PLAINS ENERGY, INC. GXP 37,074 $988,392.84 1.04% Utilities
MDC HOLDINGS INC MDC 35,507 $986,739.53 1.04% Consumer Discretionary
UGI CORPORATION UGI 21,244 $980,835.48 1.03% Utilities
MURPHY USA INC MUSA 23,722 $965,248.18 1.02% Consumer Discretionary
ALLEGHANY CORPORATION Y 2,363 $963,536.88 1.01% Financials
PNM RESOURCES INC PNM 34,917 $955,329.12 1.01% Utilities
EVEREST RE GROUP RE 5,929 $938,916.44 0.99% Financials
GREIF BROS CORP GEF 16,844 $894,247.96 0.94% Materials
BERKLEY (WR) CORP WRB 21,323 $884,691.27 0.93% Financials
CST BRANDS CST 27,978 $872,913.60 0.92% Consumer Discretionary
ASHLAND INC ASH 8,653 $844,446.27 0.89% Materials
STANCORP FINANCIAL GROUP SFG 13,062 $828,522.66 0.87% Financials
OLIN CORP OLN 28,460 $816,802.00 0.86% Materials
HAWAIIAN ELECTRIC INDUSTR HE 32,261 $797,491.92 0.84% Utilities
BRINK'S COMPANY BCO 29,433 $774,087.90 0.82% Industrials
UNIT CORP UNT 11,412 $754,219.08 0.79% Energy
EXELIS INC XLS 39,871 $749,176.09 0.79% Industrials
CABOT CORP CBT 12,475 $742,262.50 0.78% Materials
FIRST NIAGRA FI FNFG 76,667 $704,186.40 0.74% Financials
WESTAR ENERGY, INC. WR 19,347 $687,205.44 0.72% Utilities
HCC INSURANCE HOLDINGS HCC 14,731 $667,756.23 0.70% Financials
ATMOS ENERGY CORP ATO 13,292 $665,131.68 0.70% Utilities
WGL HOLDINGS INC WGL 15,515 $612,377.05 0.64% Utilities
TIDEWATER TDW 12,313 $606,661.51 0.64% Energy
KBR INC KBR 22,703 $598,678.11 0.63% Industrials
ESTERLINE TECHNOLOGIES CO ESL 5,499 $596,476.53 0.63% Industrials
INGREDION INC INGR 8,723 $595,344.75 0.63% Consumer Staples
CONVERGYS CORP CVG 27,083 $594,471.85 0.63% Information Technology
UNITED NATURAL FOODS INC UNFI 8,375 $583,988.75 0.61% Consumer Staples
AARON'S INC AAN 19,333 $582,503.29 0.61% Consumer Discretionary
ASTORIA FINANCIAL CORP AF 41,347 $578,444.53 0.61% Financials
REGAL-BELOIT CORP. RBC 7,729 $575,810.50 0.61% Industrials
APOLLO GROUP INC APOL 20,249 $575,274.09 0.61% Consumer Discretionary
MERCURY GENERAL MCY 12,071 $567,457.71 0.60% Financials
POST HOLDINGS IN POST 9,979 $535,872.30 0.56% Consumer Staples
TRIUMPH GROUP INC TGI 8,234 $535,704.04 0.56% Industrials
FOOT LOCKER INC FL 11,344 $516,832.64 0.54% Consumer Discretionary
ASCENA RETAIL GROUP INC ASNA 29,216 $500,470.08 0.53% Consumer Discretionary
FAIRCHILD SEMICONDUCTOR C FCS 37,735 $492,819.10 0.52% Information Technology
ANN INC ANN 11,936 $471,830.08 0.50% Consumer Discretionary
DEVRY EDUCATION GROUP INC DV 11,488 $470,203.84 0.50% Consumer Discretionary
IDACORP INC IDA 8,234 $453,364.04 0.48% Utilities
WPX ENERGY INC. WPX 21,368 $453,215.28 0.48% Energy
ALPHA NATURAL RESOURCES ANR 105,331 $444,496.82 0.47% Energy
HANCOCK HOLDING CO HBHC 12,365 $439,328.45 0.46% Financials
JANUS CAPITAL GROUP INC JNS 33,924 $418,282.92 0.44% Financials
WERNER ENTERPRISES INC WERN 15,680 $410,032.00 0.43% Industrials
J C PENNEY JCP 50,491 $408,472.19 0.43% Consumer Discretionary
FULTON FIN. CORP. FULT 32,041 $395,065.53 0.42% Financials
ITRON INC ITRI 10,859 $385,820.27 0.41% Information Technology
INTERNATIONAL BANCSHARES IBOC 16,118 $385,220.20 0.41% Financials
ONE GAS INC OGS 10,556 $378,432.60 0.40% Utilities
VALLEY NATIONAL BANCORP VLY 35,133 $373,112.46 0.39% Financials
NEW YORK COMMUNITY BANCOR NYCB 21,126 $341,818.68 0.36% Financials
UTI WORLDWIDE, INC. UTIW 22,651 $232,399.26 0.24% Industrials
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 124,456 $124,455.94 0.13% NA

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.
 

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.