RZV

Guggenheim S&P SmallCap 600 Pure Value ETF
NAV $59.23
Change -$0.15 | -0.25%
As Of 7/30/15

Investment Objectives

Seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P SmallCap 600 Pure Value Index.


Net Asset Value

Net Asset Value $59.23
Change -$0.15 | -0.25%


Summary


Ticker RZV
CUSIP 78355W700
Asset Class Style
Inception Date 3/1/06
Gross Expense Ratio 0.35%
IOPV Ticker RZV.IV
Related Index Ticker SPSPV
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

Volume 7,418
Last Sale Price $59.25
52-Week Range $66.29 / $55.29
Shares Outstanding 2,750,040
Total Net Assets $162,892,614.90

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, 3 stars for 5 years, and 4 stars Overall out of 14, 10, and 14 Small Value funds, respectively.

Market Close

Market Price $59.25
Premium / Discount $0.02
Change -$0.16 | -0.27%
High / Low $59.29 / $58.99


Historical Market Closes to NAV

  Days % of Total Days
Premium 1027 43.33%
Discount 1195 50.42%
Equal to NAV 148 6.24%
Total 2,370 100%


Characteristics

Number of Stocks 154
Return on Equity (quarterly 6/30/15) 0.24%
Price to Earning (P/E) 17.86
Price to Book (P/B) 1.13
Dividend Amount $0.12
Ex-Dividend Date N/A

Risk

As of 6/30/15
Standard Deviation Sharpe Ratio Beta R-Squared
15.69 1.29 1.02 99.78

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 7/30/2015
Total Assets $162,892,615
Number of Stocks 154
Percent Stock 99.95%
Percent Cash / Other 0.05%

Sectors / Industries

as of 7/30/15

Holdings

as of 7/30/15

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
UNIVERSAL CORP/RICHMOND V UVV 51,336 $2,911,264.56 1.79% Consumer Staples
CASH AMERICA INTERNATIONA CSH 104,502 $2,796,473.52 1.72% Financials
TTM TECHNOLOGIES INC TTMI 268,297 $2,446,868.64 1.50% Information Technology
CENTRAL GARDEN AND PET CO CENTA 233,160 $2,368,905.60 1.45% Consumer Staples
PEP BOYS-MANNY MOE & JACK PBY 190,437 $2,273,817.78 1.40% Consumer Discretionary
SKYWEST, INC. SKYW 156,177 $2,184,916.23 1.34% Industrials
GIBRALTAR INDUSTRIES INC ROCK 111,236 $2,112,371.64 1.30% Industrials
PHARMERICA CORP PMC 61,705 $2,086,246.05 1.28% Health Care
MONSTER WORLDWIDE, INC. MWW 299,475 $2,063,382.75 1.27% Information Technology
SENECA FOODS-A SENEA 71,101 $2,049,841.83 1.26% Consumer Staples
SPARTANNASH CO SPTN 61,056 $1,982,488.32 1.22% Consumer Staples
M/I HOMES INC MHO 76,597 $1,902,669.48 1.17% Consumer Discretionary
GRIFFON CORPORATION GFF 118,321 $1,896,685.63 1.16% Industrials
INSIGHT ENTERPRISES INC NSIT 69,531 $1,846,048.05 1.13% Information Technology
UNIVERSAL FOREST PRODUCTS UFPI 29,787 $1,840,836.60 1.13% Industrials
KELLY SERVICES INC KELYA 122,838 $1,837,656.48 1.13% Industrials
STEWART INFORMATION SERVI STC 43,512 $1,776,594.96 1.09% Financials
BENCHMARK ELECTRONICS INC BHE 79,106 $1,735,585.64 1.07% Information Technology
BASIC ENERGY SERVICES INC BAS 291,856 $1,730,706.08 1.06% Energy
COMFORT SYSTEMS USA INC FIX 70,465 $1,724,983.20 1.06% Industrials
UNITED FIRE GROUP INC UFCS 49,769 $1,722,505.09 1.06% Financials
ATLAS AIR WORLDWIDE AAWW 35,364 $1,720,812.24 1.06% Industrials
ALMOST FAMILY INC AFAM 42,399 $1,695,960.00 1.04% Health Care
LIQUIDITY SERVICES INC LQDT 193,318 $1,687,666.14 1.04% Information Technology
AAR CORP AIR 63,185 $1,685,143.95 1.03% Industrials
GREEN PLAINS REN GPRE 70,093 $1,602,325.98 0.98% Energy
ABM INDUSTRIES INC ABM 48,449 $1,598,332.51 0.98% Industrials
LHC GROUP INC. LHCG 40,749 $1,572,096.42 0.97% Health Care
OM GROUP INC OMG 46,208 $1,561,830.40 0.96% Materials
STEPAN CO SCL 31,518 $1,556,989.20 0.96% Materials
KRATON PERFORMAN KRA 76,606 $1,546,675.14 0.95% Materials
VIAD CORP VVI 59,743 $1,511,497.90 0.93% Industrials
ROADRUNNER TRANS RRTS 56,858 $1,488,542.44 0.91% Industrials
PIONEER ENERGY SERVICES PES 391,516 $1,487,760.80 0.91% Energy
OLYMPIC STEEL INC ZEUS 121,789 $1,472,429.01 0.90% Materials
EMPLOYERS HOLDINGS, INC. EIG 60,831 $1,462,985.55 0.90% Financials
TIDEWATER TDW 73,998 $1,462,940.46 0.90% Energy
KINDRED HEALTHCARE, INC. KND 69,262 $1,406,018.60 0.86% Health Care
AEGION CORP AEGN 73,231 $1,391,389.00 0.85% Industrials
SCANSOURCE INC SCSC 37,910 $1,391,297.00 0.85% Information Technology
CIBER INC CBR 411,838 $1,363,183.78 0.84% Information Technology
SYNNEX CORPORATION SNX 18,038 $1,353,210.76 0.83% Information Technology
MAGELLAN HEALTH SERVICES MGLN 21,994 $1,331,736.70 0.82% Health Care
SANMINA-SCI CORP SANM 59,963 $1,308,392.66 0.80% Information Technology
BRINK'S COMPANY BCO 42,825 $1,307,447.25 0.80% Industrials
FRED'S INC FRED 72,169 $1,274,504.54 0.78% Consumer Discretionary
SELECTIVE INS GROUP SIGI 40,940 $1,249,488.80 0.77% Financials
EMCOR GROUP INC EME 25,888 $1,227,350.08 0.75% Industrials
BIG 5 SPORTING GOODS CORP BGFV 110,762 $1,226,135.34 0.75% Consumer Discretionary
TITAN INTERNATIONAL INC TWI 132,412 $1,210,245.68 0.74% Industrials
ESSENDANT INC ESND 32,737 $1,194,245.76 0.73% Industrials
INFINITY PROP & CASUALTY IPCC 15,482 $1,192,114.00 0.73% Financials
SCHOLASTIC CORP SCHL 27,466 $1,184,883.24 0.73% Consumer Discretionary
DIGI INTERNATIONAL INC DGII 116,889 $1,166,552.22 0.72% Information Technology
CDI CORP CDI 95,011 $1,158,184.09 0.71% Industrials
INSPERITY INC. NSP 23,128 $1,157,787.68 0.71% Industrials
STAGE STORES INC SSI 65,580 $1,137,157.20 0.70% Consumer Discretionary
MATRIX SERVICE CO MTRX 58,204 $1,135,560.04 0.70% Energy
HUB GROUP INC HUBG 26,767 $1,130,370.41 0.69% Industrials
UNIT CORP UNT 54,765 $1,129,801.95 0.69% Energy
TRUEBLUE INC TBI 43,238 $1,126,349.90 0.69% Industrials
NAVIGATORS GROUP INC NAVG 14,100 $1,106,427.00 0.68% Financials
SONIC AUTOMOTIVE INC SAH 47,303 $1,097,902.63 0.67% Consumer Discretionary
BLUCORA INC BCOR 70,749 $1,095,194.52 0.67% Information Technology
HANGER ORTHOPEDIC GROUP I HGR 50,874 $1,078,528.80 0.66% Health Care
PERRY ELLIS INTERNATIONAL PERY 45,052 $1,078,094.36 0.66% Consumer Discretionary
HORACE MANN EDUCATORS COR HMN 30,261 $1,060,648.05 0.65% Financials
NATIONAL PRESTO INDUSTRIE NPK 13,030 $1,047,221.10 0.64% Industrials
ASTORIA FINANCIAL CORP AF 69,651 $1,037,799.90 0.64% Financials
EZCORP INC EZPW 162,390 $1,029,552.60 0.63% Financials
NORTHERN OIL AND GAS INC NOG 203,085 $1,021,517.55 0.63% Energy
MANTECH INTERNATIONAL COR MANT 34,103 $1,007,743.65 0.62% Information Technology
SUPERIOR INDUSTRIES INTER SUP 59,008 $996,055.04 0.61% Consumer Discretionary
BRIGGS & STRATTON CORP BGG 53,906 $986,479.80 0.61% Industrials
TETRA TECHNOLOGIES INC TTI 201,712 $986,371.68 0.61% Energy
TREDEGAR CORP TG 50,726 $984,591.66 0.60% Materials
INVACARE CORP IVC 56,919 $978,437.61 0.60% Health Care
PLEXUS CORPORATION PLXS 25,585 $977,091.15 0.60% Information Technology
SCHULMAN A INC SHLM 25,906 $974,324.66 0.60% Materials
BIGLARI HOLDINGS INC. BH 2,260 $970,715.20 0.60% Consumer Discretionary
RUBY TUESDAY INC RT 130,417 $948,131.59 0.58% Consumer Discretionary
FABRINET FN 51,130 $945,393.70 0.58% Information Technology
HORNBECK OFFSHORE SERVICE HOS 50,798 $944,334.82 0.58% Energy
KAISER ALUMINUM CORP. KALU 11,139 $943,807.47 0.58% Materials
CARBO CERAMICS INC CRR 24,981 $924,796.62 0.57% Energy
CACI INTERNATIONAL INC CACI 11,015 $905,653.30 0.56% Information Technology
ANDERSONS, INC. ANDE 24,321 $902,552.31 0.55% Consumer Staples
BARNES & NOBLE INC BKS 33,767 $885,708.41 0.54% Consumer Discretionary
HAVERTY FURNITURE COS INC HVT 38,601 $865,434.42 0.53% Consumer Discretionary
VERITIV CORP VRTV 23,690 $860,183.90 0.53% Industrials
SEACOR SMIT INC CKH 13,517 $854,409.57 0.52% Energy
VOXX INTERNATIONAL CORP. VOXX 105,495 $842,905.05 0.52% Consumer Discretionary
ANIXTER INTERNATIONAL INC AXE 12,557 $823,111.35 0.51% Information Technology
GULF ISLAND FABRICATION I GIFI 77,644 $808,274.04 0.50% Energy
CALAMOS ASSET MANAGEMENT CLMS 67,886 $807,843.40 0.50% Financials
ENCORE WIRE CORP WIRE 23,303 $799,991.99 0.49% Industrials
II-VI INC IIVI 44,904 $784,023.84 0.48% Information Technology
HARTE-HANKS INC HHS 169,999 $780,295.41 0.48% Consumer Discretionary
UNIFI INC UFI 24,627 $762,944.46 0.47% Consumer Discretionary
MATERION CORP MTRN 24,929 $761,580.95 0.47% Materials
SUSQUEHANNA BANCSHARES IN SUSQ 52,938 $757,542.78 0.47% Financials
MARCUS CORP MCS 36,319 $741,270.79 0.46% Consumer Discretionary
GLATFELTER GLT 36,741 $734,452.59 0.45% Materials
KAMAN CORP KAMN 18,047 $722,060.47 0.44% Industrials
FORESTAR GROUP INC FOR 57,304 $716,300.00 0.44% Financials
ARCTIC CAT INC. ACAT 24,409 $696,876.95 0.43% Consumer Discretionary
SYKES ENTERPRISES INC SYKE 28,234 $676,486.64 0.42% Information Technology
CELADON GROUP INC CGI 31,997 $672,576.94 0.41% Industrials
GENERAL CABLE CORPORATION BGC 40,398 $666,567.00 0.41% Industrials
PDC ENERGY PDCE 13,762 $655,896.92 0.40% Energy
CHART INDUSTRIES INC GTLS 23,399 $655,639.98 0.40% Industrials
TESCO CORPORATION TESO 67,129 $653,165.17 0.40% Energy
FIRST BANCORP/PUERTO RICO FBP 148,143 $651,829.20 0.40% Financials
CLOUD PEAK ENERG CLD 199,961 $649,873.25 0.40% Energy
PROVIDENT FINANCIAL SERVI PFS 34,267 $648,331.64 0.40% Financials
CALLAWAY GOLF COMPANY ELY 71,288 $641,592.00 0.39% Consumer Discretionary
NEWPARK RESOURCES NR 86,046 $628,996.26 0.39% Energy
WINTRUST FINANCIAL CORP WTFC 11,238 $608,874.84 0.37% Financials
ENGILITY HOLDING EGL 26,815 $605,750.85 0.37% Industrials
SAFETY INSURANCE GROUP IN SAFT 10,401 $591,504.87 0.36% Financials
HEIDRICK & STRUGGLES INTE HSII 26,826 $586,416.36 0.36% Industrials
STEIN MART INC SMRT 54,074 $552,095.54 0.34% Consumer Discretionary
OYO GEOSPACE CORP GEOS 30,930 $547,461.00 0.34% Energy
COHU INC COHU 45,188 $542,256.00 0.33% Information Technology
CHILDRENS PLACE RETAIL ST PLCE 9,002 $527,517.20 0.32% Consumer Discretionary
EXTERRAN HOLDINGS INC. EXH 20,514 $512,850.00 0.31% Energy
LSB INDUSTRIES INC LXU 13,685 $511,819.00 0.31% Materials
AMERICAN VANGUARD CORP AVD 39,960 $507,492.00 0.31% Materials
GULFMARK OFFSH. INC CL A GLF 50,203 $501,025.94 0.31% Energy
OFG BANCORP OFG 60,283 $494,923.43 0.30% Financials
DXP ENTERPRISES INC DXPE 13,101 $485,130.03 0.30% Industrials
FUTUREFUEL CORP FF 41,746 $476,321.86 0.29% Materials
GENESCO INC GCO 7,203 $462,792.75 0.28% Consumer Discretionary
SPOK HOLDINGS INC SPOK 28,727 $459,632.00 0.28% Telecommunication Services
NETGEAR INC NTGR 13,615 $456,374.80 0.28% Information Technology
ASTEC INDUSTRIES INC ASTE 11,537 $449,596.89 0.28% Industrials
PROASSURANCE CORPORATION PRA 9,199 $444,035.73 0.27% Financials
TETRA TECH INC TTEK 17,451 $442,731.87 0.27% Industrials
CENTRAL PACIFIC FIN CPF 18,832 $435,960.80 0.27% Financials
POWELL INDUSTRIES INC POWL 14,572 $428,271.08 0.26% Industrials
LACLEDE GROUP INC/THE LG 7,771 $416,370.18 0.26% Utilities
STONE ENERGY CORP SGY 62,789 $411,267.95 0.25% Energy
CAPSTEAD MORTGAGE CORP CMO 36,333 $404,022.96 0.25% Financials
OLD NATIONAL BANCORP ONB 27,674 $398,505.60 0.24% Financials
REX ENERGY CORP REXX 173,970 $389,692.80 0.24% Energy
KOPPERS HOLDINGS, INC. KOP 19,173 $388,828.44 0.24% Materials
AVISTA CORP AVA 11,511 $375,373.71 0.23% Utilities
MOVADO GROUP INC MOV 14,535 $368,898.30 0.23% Consumer Discretionary
ION GEOPHYSICAL CORP IO 437,340 $340,250.52 0.21% Energy
BRISTOW GROUP INC BRS 6,980 $321,080.00 0.20% Energy
PENN VIRGINIA PVA 217,576 $300,254.88 0.18% Energy
AM CASTLE & CO CAS 88,217 $263,768.83 0.16% Materials
BLACK BOX CORP BBOX 16,550 $259,173.00 0.16% Information Technology
COMSTOCK RESOURCES, INC. CRK 109,042 $146,116.28 0.09% 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 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 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