RZV

Guggenheim S&P SmallCap 600 Pure Value ETF
NAV $65.07
Change -$0.08 | -0.12%
As Of 4/24/15

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 $65.07
Change -$0.08 | -0.12%


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 5,338
Last Sale Price $65.17
52-Week Range $66.27 / $55.29
Shares Outstanding 2,750,040
Total Net Assets $178,955,118.17

Market Close

Market Price $65.17
Premium / Discount $0.10
Change -$0.05 | -0.08%
High / Low $65.42 / $65.13


Historical Market Closes to NAV

  Days % of Total Days
Premium 991 43.03%
Discount 1168 50.72%
Equal to NAV 144 6.25%
Total 2,303 100%


Characteristics

Number of Stocks 158
Return on Equity (quarterly 3/31/15) 2.21%
Price to Earning (P/E) 16.56
Price to Book (P/B) 1.06
Dividend Amount $0.34
Ex-Dividend Date N/A

Risk

As of 3/31/15
Standard Deviation Sharpe Ratio Beta R-Squared
17.39 0.98 1.03 99.72

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 4/24/2015
Total Assets $178,955,118
Number of Stocks 158
Percent Stock 99.87%
Percent Cash / Other 0.13%

Sectors / Industries

as of 4/24/15

Holdings

as of 4/24/15

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
CASH AMERICA INTERNATIONA CSH 102,471 $2,658,097.74 1.49% Financials
MEADOWBROOK INSURANCE GRO MIG 304,409 $2,599,652.86 1.45% Financials
BASIC ENERGY SERVICES INC BAS 286,182 $2,489,783.40 1.39% Energy
TTM TECHNOLOGIES INC TTMI 263,081 $2,425,606.82 1.36% Information Technology
UNIVERSAL CORP/RICHMOND V UVV 50,338 $2,405,149.64 1.34% Consumer Staples
PIONEER ENERGY SERVICES PES 383,905 $2,361,015.75 1.32% Energy
CENTRAL GARDEN AND PET CO CENTA 228,627 $2,354,858.10 1.32% Consumer Staples
GREEN PLAINS REN GPRE 68,730 $2,183,552.10 1.22% Energy
SKYWEST, INC. SKYW 153,141 $2,150,099.64 1.20% Industrials
KELLY SERVICES INC KELYA 120,450 $2,071,740.00 1.16% Industrials
GRIFFON CORPORATION GFF 116,021 $2,030,367.50 1.13% Industrials
SENECA FOODS-A SENEA 69,719 $2,028,822.90 1.13% Consumer Staples
ALMOST FAMILY INC AFAM 41,574 $1,958,551.14 1.09% Health Care
INSIGHT ENTERPRISES INC NSIT 68,179 $1,955,373.72 1.09% Information Technology
SPARTANNASH CO SPTN 59,869 $1,918,801.45 1.07% Consumer Staples
BENCHMARK ELECTRONICS INC BHE 77,569 $1,884,926.70 1.05% Information Technology
GIBRALTAR INDUSTRIES INC ROCK 109,074 $1,869,528.36 1.04% Industrials
AAR CORP AIR 61,957 $1,867,383.98 1.04% Industrials
PHARMERICA CORP PMC 60,505 $1,845,402.50 1.03% Health Care
MONSTER WORLDWIDE, INC. MWW 293,653 $1,844,140.84 1.03% Information Technology
LIQUIDITY SERVICES INC LQDT 189,560 $1,787,550.80 1.00% Information Technology
M/I HOMES INC MHO 75,109 $1,771,821.31 0.99% Consumer Discretionary
PEP BOYS-MANNY MOE & JACK PBY 186,735 $1,701,155.85 0.95% Consumer Discretionary
NORTHERN OIL AND GAS INC NOG 199,138 $1,668,776.44 0.93% Energy
UNIVERSAL FOREST PRODUCTS UFPI 29,207 $1,663,630.72 0.93% Industrials
KINDRED HEALTHCARE, INC. KND 67,915 $1,658,484.30 0.93% Health Care
STEWART INFORMATION SERVI STC 42,666 $1,653,307.50 0.92% Financials
EMPLOYERS HOLDINGS, INC. EIG 59,649 $1,617,084.39 0.90% Financials
CIBER INC CBR 403,832 $1,599,174.72 0.89% Information Technology
ZEP INC ZEP 79,607 $1,582,587.16 0.88% Materials
VIAD CORP VVI 58,582 $1,578,784.90 0.88% Industrials
UNITED FIRE GROUP INC UFCS 48,801 $1,536,743.49 0.86% Financials
MAGELLAN HEALTH SERVICES MGLN 21,566 $1,535,283.54 0.86% Health Care
RTI INTL. METALS RTI 41,424 $1,533,930.72 0.86% Materials
SCANSOURCE INC SCSC 37,172 $1,521,449.96 0.85% Information Technology
ABM INDUSTRIES INC ABM 47,508 $1,517,880.60 0.85% Industrials
KRATON PERFORMAN KRA 75,118 $1,506,115.90 0.84% Materials
ATLAS AIR WORLDWIDE AAWW 34,676 $1,493,148.56 0.83% Industrials
EZCORP INC EZPW 159,234 $1,468,137.48 0.82% Financials
LHC GROUP INC. LHCG 39,957 $1,440,849.42 0.81% Health Care
PENN VIRGINIA PVA 213,347 $1,423,024.49 0.80% Energy
COMFORT SYSTEMS USA INC FIX 69,095 $1,412,301.80 0.79% Industrials
ROADRUNNER TRANS RRTS 55,753 $1,406,090.66 0.79% Industrials
OM GROUP INC OMG 45,309 $1,398,235.74 0.78% Materials
TETRA TECHNOLOGIES INC TTI 197,791 $1,386,514.91 0.77% Energy
STEPAN CO SCL 30,905 $1,376,817.75 0.77% Materials
OLYMPIC STEEL INC ZEUS 119,421 $1,375,729.92 0.77% Materials
SYNNEX CORPORATION SNX 17,687 $1,370,388.76 0.77% Information Technology
AEGION CORP AEGN 71,807 $1,363,614.93 0.76% Industrials
UNITED STATIONER USTR 32,100 $1,350,447.00 0.75% Industrials
BIG 5 SPORTING GOODS CORP BGFV 108,609 $1,345,665.51 0.75% Consumer Discretionary
STAGE STORES INC SSI 64,305 $1,322,753.85 0.74% Consumer Discretionary
CDI CORP CDI 93,164 $1,311,749.12 0.73% Industrials
HARTE-HANKS INC HHS 166,694 $1,286,877.68 0.72% Consumer Discretionary
FRED'S INC FRED 70,766 $1,260,342.46 0.70% Consumer Discretionary
MATRIX SERVICE CO MTRX 57,072 $1,239,603.84 0.69% Energy
TRUEBLUE INC TBI 42,397 $1,237,992.40 0.69% Industrials
SANMINA-SCI CORP SANM 58,797 $1,223,565.57 0.68% Information Technology
TITAN INTERNATIONAL INC TWI 129,838 $1,219,178.82 0.68% Industrials
HANGER ORTHOPEDIC GROUP I HGR 49,885 $1,196,242.30 0.67% Health Care
INFINITY PROP & CASUALTY IPCC 15,181 $1,186,091.53 0.66% Financials
EMCOR GROUP INC EME 25,384 $1,179,340.64 0.66% Industrials
CLOUD PEAK ENERG CLD 196,073 $1,168,595.08 0.65% Energy
SWIFT ENERGY CO SFY 397,890 $1,157,859.90 0.65% Energy
INVACARE CORP IVC 55,813 $1,154,212.84 0.64% Health Care
INSPERITY INC. NSP 22,678 $1,152,042.40 0.64% Industrials
SCHULMAN A INC SHLM 25,402 $1,147,662.36 0.64% Materials
DIGI INTERNATIONAL INC DGII 114,616 $1,146,160.00 0.64% Information Technology
SELECTIVE INS GROUP SIGI 40,145 $1,131,687.55 0.63% Financials
SONIC AUTOMOTIVE INC SAH 46,383 $1,127,570.73 0.63% Consumer Discretionary
BRINK'S COMPANY BCO 41,992 $1,120,766.48 0.63% Industrials
PLEXUS CORPORATION PLXS 25,088 $1,108,889.60 0.62% Information Technology
SUPERIOR INDUSTRIES INTER SUP 57,860 $1,097,604.20 0.61% Consumer Discretionary
SCHOLASTIC CORP SCHL 26,932 $1,097,479.00 0.61% Consumer Discretionary
PERRY ELLIS INTERNATIONAL PERY 44,176 $1,095,564.80 0.61% Consumer Discretionary
GULF ISLAND FABRICATION I GIFI 76,135 $1,093,298.60 0.61% Energy
NAVIGATORS GROUP INC NAVG 13,825 $1,092,451.50 0.61% Financials
MANTECH INTERNATIONAL COR MANT 33,439 $1,080,079.70 0.60% Information Technology
HUB GROUP INC HUBG 26,246 $1,073,723.86 0.60% Industrials
HORACE MANN EDUCATORS COR HMN 29,672 $1,051,278.96 0.59% Financials
BRIGGS & STRATTON CORP BGG 52,858 $1,049,231.30 0.59% Industrials
ENCORE WIRE CORP WIRE 22,850 $1,036,019.00 0.58% Industrials
ANDERSONS, INC. ANDE 23,848 $1,035,718.64 0.58% Consumer Staples
TREDEGAR CORP TG 49,740 $1,025,141.40 0.57% Materials
HORNBECK OFFSHORE SERVICE HOS 49,810 $1,024,093.60 0.57% Energy
STONE ENERGY CORP SGY 61,568 $1,014,640.64 0.57% Energy
ION GEOPHYSICAL CORP IO 428,838 $990,615.78 0.55% Energy
VOXX INTERNATIONAL CORP. VOXX 103,444 $988,924.64 0.55% Consumer Discretionary
MATERION CORP MTRN 24,445 $984,155.70 0.55% Materials
VERITIV CORP VRTV 23,230 $974,266.20 0.54% Industrials
BLUCORA INC BCOR 69,374 $967,073.56 0.54% Information Technology
CACI INTERNATIONAL INC CACI 10,801 $962,369.10 0.54% Information Technology
FABRINET FN 50,136 $943,559.52 0.53% Information Technology
RUBY TUESDAY INC RT 127,882 $936,096.24 0.52% Consumer Discretionary
SEACOR SMIT INC CKH 13,255 $929,440.60 0.52% Energy
FIRST BANCORP/PUERTO RICO FBP 145,264 $918,068.48 0.51% Financials
GLATFELTER GLT 36,027 $917,247.42 0.51% Materials
ANIXTER INTERNATIONAL INC AXE 12,313 $905,251.76 0.51% Information Technology
ASTORIA FINANCIAL CORP AF 68,297 $891,275.85 0.50% Financials
ARCTIC CAT INC. ACAT 23,935 $883,440.85 0.49% Consumer Discretionary
NEWPARK RESOURCES NR 84,373 $881,697.85 0.49% Energy
BIGLARI HOLDINGS INC. BH 2,216 $878,887.76 0.49% Consumer Discretionary
OFG BANCORP OFG 59,112 $875,448.72 0.49% Financials
KAISER ALUMINUM CORP. KALU 10,922 $864,367.08 0.48% Materials
FORESTAR GROUP INC FOR 56,190 $859,707.00 0.48% Financials
UNIFI INC UFI 24,148 $858,219.92 0.48% Consumer Discretionary
HAVERTY FURNITURE COS INC HVT 37,850 $853,896.00 0.48% Consumer Discretionary
CELADON GROUP INC CGI 31,375 $849,007.50 0.47% Industrials
NATIONAL PRESTO INDUSTRIE NPK 12,777 $831,782.70 0.46% Industrials
TESCO CORPORATION TESO 65,824 $828,724.16 0.46% Energy
II-VI INC IIVI 44,032 $825,159.68 0.46% Information Technology
CALAMOS ASSET MANAGEMENT CLMS 66,567 $822,768.12 0.46% Financials
CARBO CERAMICS INC CRR 25,986 $821,157.60 0.46% Energy
REX ENERGY CORP REXX 170,588 $808,587.12 0.45% Energy
ENGILITY HOLDINGS INC EGL 26,293 $795,100.32 0.44% Industrials
BARNES & NOBLE INC BKS 33,110 $766,827.60 0.43% Consumer Discretionary
PDC ENERGY PDCE 13,494 $748,917.00 0.42% Energy
KAMAN CORP KAMN 17,696 $738,808.00 0.41% Industrials
MARCUS CORP MCS 35,613 $734,340.06 0.41% Consumer Discretionary
CASEY'S GENERAL STORES IN CASY 8,272 $709,737.60 0.40% Consumer Staples
SYKES ENTERPRISES INC SYKE 27,686 $697,964.06 0.39% Information Technology
SUSQUEHANNA BANCSHARES IN SUSQ 51,910 $695,594.00 0.39% Financials
CALLAWAY GOLF COMPANY ELY 69,902 $691,330.78 0.39% Consumer Discretionary
EXTERRAN HOLDINGS INC. EXH 20,115 $687,128.40 0.38% Energy
GENERAL CABLE CORPORATION BGC 39,613 $675,797.78 0.38% Industrials
GULFMARK OFFSH. INC CL A GLF 49,226 $668,489.08 0.37% Energy
STEIN MART INC SMRT 53,023 $652,713.13 0.36% Consumer Discretionary
OYO GEOSPACE CORP GEOS 30,328 $639,617.52 0.36% Energy
HEIDRICK & STRUGGLES INTE HSII 26,304 $613,409.28 0.34% Industrials
PROVIDENT FINANCIAL SERVI PFS 33,600 $606,816.00 0.34% Financials
LSB INDUSTRIES INC LXU 13,418 $599,382.06 0.33% Materials
SAFETY INSURANCE GROUP IN SAFT 10,199 $595,213.64 0.33% Financials
SPOK HOLDINGS INC SPOK 28,169 $589,013.79 0.33% Telecommunication Services
DXP ENTERPRISES INC DXPE 12,846 $565,224.00 0.32% Industrials
CHILDRENS PLACE RETAIL ST PLCE 8,827 $551,952.31 0.31% Consumer Discretionary
WINTRUST FINANCIAL CORP WTFC 11,020 $535,792.40 0.30% Financials
GENESCO INC GCO 7,063 $509,101.04 0.28% Consumer Discretionary
POWELL INDUSTRIES INC POWL 14,288 $495,793.60 0.28% Industrials
COMSTOCK RESOURCES, INC. CRK 106,922 $495,048.86 0.28% Energy
ASTEC INDUSTRIES INC ASTE 11,313 $487,477.17 0.27% Industrials
COHU INC COHU 44,310 $467,913.60 0.26% Information Technology
FUTUREFUEL CORP FF 40,934 $457,642.12 0.26% Materials
MOVADO GROUP INC MOV 14,252 $444,234.84 0.25% Consumer Discretionary
TETRA TECH INC TTEK 17,113 $430,220.82 0.24% Industrials
AMERICAN VANGUARD CORP AVD 39,183 $426,702.87 0.24% Materials
CAPSTEAD MORTGAGE CORP CMO 35,627 $426,455.19 0.24% Financials
KOPPERS HOLDINGS, INC. KOP 18,800 $422,436.00 0.24% Materials
CENTRAL PACIFIC FIN CPF 18,457 $420,819.60 0.24% Financials
BRISTOW GROUP INC BRS 6,844 $410,092.48 0.23% Energy
PROASSURANCE CORPORATION PRA 9,021 $409,553.40 0.23% Financials
LACLEDE GROUP INC/THE LG 7,620 $400,888.20 0.22% Utilities
NETGEAR INC NTGR 13,351 $400,530.00 0.22% Information Technology
OLD NATIONAL BANCORP ONB 27,136 $386,959.36 0.22% Financials
AVISTA CORP AVA 11,287 $384,660.96 0.21% Utilities
PARAGON OFFSHORE PLC PGN 217,041 $366,799.29 0.20% Energy
ARCH COAL, INC. ACI 327,948 $337,786.44 0.19% Energy
BLACK BOX CORP BBOX 16,228 $320,665.28 0.18% Information Technology
AM CASTLE & CO CAS 86,503 $320,061.10 0.18% 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