RZV

Guggenheim S&P SmallCap 600 Pure Value ETF
NAV $63.52
Change -$0.09 | -0.14%
As Of 3/5/15

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 $63.52
Change -$0.09 | -0.14%


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 38,742
Last Sale Price $63.40
52-Week Range $65.04 / $55.29
Shares Outstanding 2,750,040
Total Net Assets $174,680,697.47

Market Close

Market Price $63.40
Premium / Discount -$0.12
Change -$0.18 | -0.28%
High / Low $63.55 / $62.85


Historical Market Closes to NAV

  Days % of Total Days
Premium 972 42.86%
Discount 1155 50.93%
Equal to NAV 141 6.22%
Total 2,268 100%


Characteristics

Number of Stocks 159
Return on Equity (quarterly 12/31/14) -1.23%
Price to Earning (P/E) 16.33
Price to Book (P/B) 1.04
Dividend Amount $0.11
Ex-Dividend Date N/A

Risk

As of 2/27/15
Standard Deviation Sharpe Ratio Beta R-Squared
17.38 1.00 1.03 99.70

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 3/5/2015
Total Assets $174,680,697
Number of Stocks 159
Percent Stock 99.54%
Percent Cash / Other 0.46%

Sectors / Industries

as of 3/5/15

Holdings

as of 3/5/15

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
MEADOWBROOK INSURANCE GRO MIG 302,671 $2,551,516.53 1.46% Financials
UNIVERSAL CORP/RICHMOND V UVV 50,051 $2,380,926.07 1.36% Consumer Staples
SKYWEST, INC. SKYW 152,267 $2,357,093.16 1.35% Industrials
TTM TECHNOLOGIES INC TTMI 261,577 $2,351,577.23 1.35% Information Technology
CENTRAL GARDEN AND PET CO CENTA 227,321 $2,282,302.84 1.31% Consumer Staples
BASIC ENERGY SERVICES INC BAS 284,546 $2,262,140.70 1.30% Energy
CASH AMERICA INTERNATIONA CSH 101,886 $2,237,416.56 1.28% Financials
PIONEER ENERGY SERVICES PES 381,712 $2,236,832.32 1.28% Energy
KELLY SERVICES INC KELYA 119,763 $2,131,781.40 1.22% Industrials
AAR CORP AIR 61,603 $1,928,173.90 1.10% Industrials
MONSTER WORLDWIDE, INC. MWW 291,975 $1,924,115.25 1.10% Information Technology
SENECA FOODS-A SENEA 69,322 $1,880,705.86 1.08% Consumer Staples
GRIFFON CORPORATION GFF 115,359 $1,880,351.70 1.08% Industrials
BENCHMARK ELECTRONICS INC BHE 77,126 $1,827,114.94 1.05% Information Technology
INSIGHT ENTERPRISES INC NSIT 67,789 $1,826,235.66 1.05% Information Technology
LIQUIDITY SERVICES INC LQDT 188,477 $1,816,918.28 1.04% Information Technology
GREEN PLAINS REN GPRE 68,337 $1,776,078.63 1.02% Energy
PEP BOYS-MANNY MOE & JACK PBY 185,667 $1,696,996.38 0.97% Consumer Discretionary
OLYMPIC STEEL INC ZEUS 118,739 $1,693,218.14 0.97% Materials
M/I HOMES INC MHO 74,679 $1,632,482.94 0.93% Consumer Discretionary
PHARMERICA CORP PMC 60,159 $1,625,496.18 0.93% Health Care
SPARTANNASH CO SPTN 59,527 $1,622,110.75 0.93% Consumer Staples
EZCORP INC EZPW 158,323 $1,613,311.37 0.92% Financials
CIBER INC CBR 401,525 $1,610,115.25 0.92% Information Technology
GIBRALTAR INDUSTRIES INC ROCK 108,451 $1,607,243.82 0.92% Industrials
ATLAS AIR WORLDWIDE AAWW 34,478 $1,596,331.40 0.91% Industrials
VIAD CORP VVI 58,247 $1,563,931.95 0.90% Industrials
STEWART INFORMATION SERVI STC 42,423 $1,562,014.86 0.89% Financials
NORTHERN OIL AND GAS INC NOG 198,000 $1,540,440.00 0.88% Energy
ALMOST FAMILY INC AFAM 41,336 $1,530,258.72 0.88% Health Care
UNIVERSAL FOREST PRODUCTS UFPI 29,041 $1,513,036.10 0.87% Industrials
PENN VIRGINIA PVA 212,127 $1,506,101.70 0.86% Energy
KRATON PERFORMAN KRA 74,688 $1,498,988.16 0.86% Materials
KINDRED HEALTHCARE, INC. KND 67,527 $1,470,062.79 0.84% Health Care
C&J ENERGY SERVI CJES 109,720 $1,459,276.00 0.84% Energy
CLOUD PEAK ENERG CLD 194,952 $1,438,745.76 0.82% Energy
ROADRUNNER TRANS RRTS 55,433 $1,412,987.17 0.81% Industrials
EMPLOYERS HOLDINGS, INC. EIG 59,308 $1,407,971.92 0.81% Financials
ABM INDUSTRIES INC ABM 47,236 $1,407,632.80 0.81% Industrials
OM GROUP INC OMG 45,050 $1,396,099.50 0.80% Materials
UNITED FIRE GROUP INC UFCS 48,523 $1,375,141.82 0.79% Financials
MAGELLAN HEALTH SERVICES MGLN 21,443 $1,370,850.99 0.78% Health Care
SYNNEX CORPORATION SNX 17,585 $1,365,651.10 0.78% Information Technology
LHC GROUP INC. LHCG 39,729 $1,363,101.99 0.78% Health Care
SCANSOURCE INC SCSC 36,960 $1,363,084.80 0.78% Information Technology
BIG 5 SPORTING GOODS CORP BGFV 107,990 $1,356,354.40 0.78% Consumer Discretionary
CDI CORP CDI 92,632 $1,334,827.12 0.76% Industrials
ZEP INC ZEP 79,153 $1,329,770.40 0.76% Materials
SANMINA-SCI CORP SANM 58,460 $1,328,795.80 0.76% Information Technology
STAGE STORES INC SSI 63,939 $1,326,734.25 0.76% Consumer Discretionary
COMFORT SYSTEMS USA INC FIX 68,701 $1,304,631.99 0.75% Industrials
TITAN INTERNATIONAL INC TWI 129,096 $1,288,378.08 0.74% Industrials
HARTE-HANKS INC HHS 165,742 $1,287,815.34 0.74% Consumer Discretionary
HANGER ORTHOPEDIC GROUP I HGR 49,599 $1,287,094.05 0.74% Health Care
AEGION CORP AEGN 71,397 $1,283,718.06 0.73% Industrials
SWIFT ENERGY CO SFY 395,615 $1,281,792.60 0.73% Energy
UNITED STATIONER USTR 31,918 $1,269,698.04 0.73% Industrials
FRED'S INC FRED 70,362 $1,267,923.24 0.73% Consumer Discretionary
STEPAN CO SCL 30,728 $1,251,551.44 0.72% Materials
INSPERITY INC. NSP 22,549 $1,204,116.60 0.69% Industrials
INFINITY PROP & CASUALTY IPCC 15,095 $1,178,013.80 0.67% Financials
DIGI INTERNATIONAL INC DGII 113,962 $1,168,110.50 0.67% Information Technology
VERITIV CORP VRTV 23,097 $1,159,931.34 0.66% Industrials
BRINK'S COMPANY BCO 41,752 $1,149,015.04 0.66% Industrials
RTI INTL. METALS RTI 41,187 $1,145,822.34 0.66% Materials
EMCOR GROUP INC EME 25,239 $1,108,244.49 0.63% Industrials
SONIC AUTOMOTIVE INC SAH 46,117 $1,107,730.34 0.63% Consumer Discretionary
SUPERIOR INDUSTRIES INTER SUP 57,529 $1,099,954.48 0.63% Consumer Discretionary
GULF ISLAND FABRICATION I GIFI 75,701 $1,093,879.45 0.63% Energy
MANTECH INTERNATIONAL COR MANT 33,248 $1,092,529.28 0.63% Information Technology
TETRA TECHNOLOGIES INC TTI 196,660 $1,085,563.20 0.62% Energy
ANDERSONS, INC. ANDE 23,712 $1,075,576.32 0.62% Consumer Staples
SELECTIVE INS GROUP SIGI 39,915 $1,074,112.65 0.61% Financials
BRIGGS & STRATTON CORP BGG 52,555 $1,068,443.15 0.61% Industrials
INVACARE CORP IVC 55,493 $1,062,690.95 0.61% Health Care
STONE ENERGY CORP SGY 61,217 $1,057,829.76 0.61% Energy
MATRIX SERVICE CO MTRX 56,745 $1,036,163.70 0.59% Energy
SCHULMAN A INC SHLM 25,258 $1,034,567.68 0.59% Materials
HUB GROUP INC HUBG 26,098 $1,032,175.90 0.59% Industrials
NAVIGATORS GROUP INC NAVG 13,746 $1,023,939.54 0.59% Financials
PERRY ELLIS INTERNATIONAL PERY 43,923 $1,023,845.13 0.59% Consumer Discretionary
PLEXUS CORPORATION PLXS 24,944 $1,014,472.48 0.58% Information Technology
BLUCORA INC BCOR 68,978 $1,009,837.92 0.58% Information Technology
HORNBECK OFFSHORE SERVICE HOS 49,527 $1,008,864.99 0.58% Energy
OFG BANCORP OFG 58,772 $995,597.68 0.57% Financials
ION GEOPHYSICAL CORP IO 426,388 $980,692.40 0.56% Energy
SCHOLASTIC CORP SCHL 26,778 $977,129.22 0.56% Consumer Discretionary
CARBO CERAMICS INC CRR 25,986 $974,734.86 0.56% Energy
HORACE MANN EDUCATORS COR HMN 29,504 $962,125.44 0.55% Financials
BIGLARI HOLDINGS INC BH 2,204 $955,235.64 0.55% Consumer Discretionary
TREDEGAR CORP TG 49,456 $953,017.12 0.55% Materials
TRUEBLUE INC TBI 42,156 $950,617.80 0.54% Industrials
ANIXTER INTERNATIONAL INC AXE 12,241 $943,781.10 0.54% Information Technology
SEACOR SMIT INC CKH 13,178 $942,885.90 0.54% Energy
CACI INTERNATIONAL INC CACI 10,740 $941,683.20 0.54% Information Technology
FIRST BANCORP/PUERTO RICO FBP 144,434 $917,155.90 0.53% Financials
ENGILITY HOLDINGS INC EGL 26,144 $912,687.04 0.52% Industrials
FABRINET FN 49,850 $908,267.00 0.52% Information Technology
ARCTIC CAT INC. ACAT 23,798 $900,278.34 0.52% Consumer Discretionary
MATERION CORP MTRN 24,305 $897,340.60 0.51% Materials
HAVERTY FURNITURE COS INC HVT 37,635 $892,702.20 0.51% Consumer Discretionary
GLATFELTER GLT 35,821 $886,569.75 0.51% Materials
ASTORIA FINANCIAL CORP AF 67,929 $874,925.52 0.50% Financials
FORESTAR GROUP INC FOR 55,868 $870,423.44 0.50% Financials
CALAMOS ASSET MANAGEMENT CLMS 66,187 $839,913.03 0.48% Financials
ENCORE WIRE CORP WIRE 22,720 $839,504.00 0.48% Industrials
RUBY TUESDAY INC RT 127,150 $831,561.00 0.48% Consumer Discretionary
VOXX INTERNATIONAL CORP. VOXX 102,854 $829,003.24 0.47% Consumer Discretionary
REX ENERGY CORP REXX 169,613 $827,711.44 0.47% Energy
BARNES & NOBLE INC BKS 32,921 $820,391.32 0.47% Consumer Discretionary
KAISER ALUMINUM CORP. KALU 10,861 $819,028.01 0.47% Materials
UNIFI INC UFI 24,009 $818,226.72 0.47% Consumer Discretionary
NEWPARK RESOURCES NR 83,891 $807,031.42 0.46% Energy
CELADON GROUP INC CGI 31,197 $795,523.50 0.46% Industrials
II-VI INC IIVI 43,780 $764,836.60 0.44% Information Technology
GULFMARK OFFSH. INC CL A GLF 48,945 $763,052.55 0.44% Energy
NATIONAL PRESTO INDUSTRIE NPK 12,704 $740,008.00 0.42% Industrials
KAMAN CORP KAMN 17,594 $731,382.58 0.42% Industrials
CASEY'S GENERAL STORES IN CASY 8,224 $725,274.56 0.42% Consumer Staples
PDC ENERGY PDCE 13,417 $719,419.54 0.41% Energy
TESCO CORPORATION TESO 65,448 $698,984.64 0.40% Energy
SUSQUEHANNA BANCSHARES IN SUSQ 51,613 $693,678.72 0.40% Financials
MARCUS CORP MCS 35,409 $691,537.77 0.40% Consumer Discretionary
SYKES ENTERPRISES INC SYKE 27,527 $654,592.06 0.37% Information Technology
STEIN MART INC SMRT 52,719 $653,715.60 0.37% Consumer Discretionary
EXTERRAN HOLDINGS INC. EXH 20,000 $648,000.00 0.37% Energy
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 622,648 $622,648.45 0.36% NA
GENERAL CABLE CORPORATION BGC 39,387 $616,012.68 0.35% Industrials
CALLAWAY GOLF COMPANY ELY 69,502 $613,007.64 0.35% Consumer Discretionary
PROVIDENT FINANCIAL SERVI PFS 33,410 $611,403.00 0.35% Financials
HEIDRICK & STRUGGLES INTE HSII 26,154 $610,695.90 0.35% Industrials
DXP ENTERPRISES INC DXPE 12,773 $606,206.58 0.35% Industrials
SAFETY INSURANCE GROUP IN SAFT 10,142 $592,292.80 0.34% Financials
OYO GEOSPACE CORP GEOS 30,156 $545,823.60 0.31% Energy
COMSTOCK RESOURCES, INC. CRK 106,312 $536,875.60 0.31% Energy
LSB INDUSTRIES INC LXU 13,341 $519,098.31 0.30% Materials
SPOK HOLDINGS INC SPOK 28,008 $514,506.96 0.29% Telecommunication Services
WINTRUST FINANCIAL CORP WTFC 10,957 $513,773.73 0.29% Financials
GENESCO INC GCO 7,022 $509,095.00 0.29% Consumer Discretionary
CHILDRENS PLACE RETAIL ST PLCE 8,776 $501,021.84 0.29% Consumer Discretionary
COHU INC COHU 44,056 $493,427.20 0.28% Information Technology
FUTUREFUEL CORP FF 40,701 $490,854.06 0.28% Materials
POWELL INDUSTRIES INC POWL 14,207 $470,393.77 0.27% Industrials
ASTEC INDUSTRIES INC ASTE 11,247 $469,112.37 0.27% Industrials
TETRA TECH INC TTEK 17,015 $439,157.15 0.25% Industrials
NETGEAR INC NTGR 13,274 $425,166.22 0.24% Information Technology
CAPSTEAD MORTGAGE CORP CMO 35,424 $424,025.28 0.24% Financials
CENTRAL PACIFIC FIN CPF 18,147 $417,562.47 0.24% Financials
BRISTOW GROUP INC BRS 6,804 $415,452.24 0.24% Energy
PROASSURANCE CORPORATION PRA 8,969 $405,936.94 0.23% Financials
AMERICAN VANGUARD CORP AVD 38,960 $402,067.20 0.23% Materials
LACLEDE GROUP INC/THE LG 7,575 $386,552.25 0.22% Utilities
AVISTA CORP AVA 11,223 $374,062.59 0.21% Utilities
OLD NATIONAL BANCORP ONB 26,980 $373,942.80 0.21% Financials
ARCH COAL, INC. ACI 326,074 $365,202.88 0.21% Energy
BLACK BOX CORP BBOX 16,136 $357,251.04 0.20% Information Technology
MOVADO GROUP INC MOV 14,170 $346,456.50 0.20% Consumer Discretionary
KOPPERS HOLDINGS, INC. KOP 18,692 $340,381.32 0.19% Materials
PARAGON OFFSHORE PLC PGN 215,800 $336,648.00 0.19% Energy
AM CASTLE & CO CAS 86,008 $296,727.60 0.17% Materials

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