RZV

Guggenheim S&P SmallCap 600 Pure Value ETF
NAV $63.70
Change $0.21 | 0.33%
As Of 11/26/14

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 $63.70
Change $0.21 | 0.33%


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 9,382
Last Sale Price $63.67
52-Week Range $65.04 / $55.29
Shares Outstanding 2,750,040
Total Net Assets $175,178,262.07

Market Close

Market Price $63.67
Premium / Discount -$0.03
Change $0.28 | 0.44%
High / Low $63.80 / $63.41


Historical Market Closes to NAV

  Days % of Total Days
Premium 942 42.78%
Discount 1122 50.95%
Equal to NAV 138 6.27%
Total 2,202 100%


Characteristics

Number of Stocks 150
Return on Equity (quarterly 9/30/14) 4.50%
Price to Earning (P/E) 17.72
Price to Book (P/B) 1.11
Dividend Amount $0.10
Ex-Dividend Date N/A

Risk

As of 10/31/14
Standard Deviation Sharpe Ratio Beta R-Squared
16.54 1.29 1.03 99.37

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 11/26/2014
Total Assets $175,178,262
Number of Stocks 150
Percent Stock 99.85%
Percent Cash / Other 0.15%

Sectors / Industries

as of 11/26/14

Holdings

as of 11/26/14

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
GREEN PLAINS REN GPRE 124,957 $4,172,314.23 2.38% Energy
Century Aluminum Co CENX 132,466 $4,119,692.60 2.35% Materials
PERRY ELLIS INTERNATIONAL PERY 150,527 $3,910,691.46 2.23% Consumer Discretionary
SANMINA-SCI CORP SANM 125,547 $3,131,142.18 1.79% Information Technology
CASH AMERICA INTERNATIONA CSH 111,232 $2,752,992.00 1.57% Financials
CENTRAL GARDEN AND PET CO CENTA 309,056 $2,633,157.12 1.50% Consumer Staples
MANTECH INTERNATIONAL COR MANT 87,132 $2,627,029.80 1.50% Information Technology
ENGILITY HOLDING EGL 60,395 $2,577,054.65 1.47% Industrials
STEWART INFORMATION SERVI STC 70,790 $2,542,776.80 1.45% Financials
ATLAS AIR WORLDWIDE AAWW 51,280 $2,310,164.00 1.32% Industrials
MOLINA HEALTHCARE INC MOH 44,702 $2,274,437.76 1.30% Health Care
CDI CORP CDI 126,841 $2,253,964.57 1.29% Industrials
CACI INTERNATIONAL INC CACI 24,454 $2,162,711.76 1.23% Information Technology
GROUP 1 AUTOMOTIVE INC GPI 23,856 $2,136,066.24 1.22% Consumer Discretionary
SENECA FOODS-A SENEA 76,799 $2,111,972.50 1.21% Consumer Staples
EZCORP INC EZPW 183,709 $2,013,450.64 1.15% Financials
SUPER MICRO COMPUTER INC SMCI 58,577 $1,980,488.37 1.13% Information Technology
BLACK BOX CORP BBOX 83,457 $1,957,066.65 1.12% Information Technology
MATERION CORP MTRN 53,189 $1,931,292.59 1.10% Materials
SKYWEST, INC. SKYW 155,184 $1,914,970.56 1.09% Industrials
UNIVERSAL CORP/RICHMOND V UVV 46,433 $1,887,037.12 1.08% Consumer Staples
PIPER JAFFRAY COS PJC 31,724 $1,873,619.44 1.07% Financials
BENCHMARK ELECTRONICS INC BHE 76,396 $1,830,448.16 1.04% Information Technology
SCHOLASTIC CORP SCHL 50,599 $1,802,842.37 1.03% Consumer Discretionary
GRIFFON CORPORATION GFF 138,462 $1,761,236.64 1.01% Industrials
CROSS COUNTRY HEALTHCARE CCRN 167,156 $1,716,692.12 0.98% Health Care
INSIGHT ENTERPRISES INC NSIT 72,596 $1,698,746.40 0.97% Information Technology
M/I HOMES INC MHO 73,222 $1,693,624.86 0.97% Consumer Discretionary
BOISE CASCADE CO BCC 46,678 $1,688,810.04 0.96% Materials
SPARTANNASH CO SPTN 70,976 $1,671,484.80 0.95% Consumer Staples
SYNNEX CORPORATION SNX 22,900 $1,649,487.00 0.94% Information Technology
PHARMERICA CORP PMC 73,260 $1,621,976.40 0.93% Health Care
MAGELLAN HEALTH SERVICES MGLN 26,024 $1,601,256.72 0.91% Health Care
CALAMOS ASSET MANAGEMENT CLMS 113,110 $1,555,262.50 0.89% Financials
REGIS CORP RGS 93,213 $1,545,471.54 0.88% Consumer Discretionary
KINDRED HEALTHCARE, INC. KND 76,225 $1,516,877.50 0.87% Health Care
RUBY TUESDAY INC RT 180,865 $1,510,222.75 0.86% Consumer Discretionary
EMCOR GROUP INC EME 33,945 $1,507,836.90 0.86% Industrials
NAVIGATORS GROUP INC NAVG 20,180 $1,481,413.80 0.85% Financials
SONIC AUTOMOTIVE INC SAH 57,105 $1,470,453.75 0.84% Consumer Discretionary
ABM INDUSTRIES INC ABM 53,906 $1,467,321.32 0.84% Industrials
BROWN SHOE COMPANY, INC. BWS 45,156 $1,461,699.72 0.83% Consumer Discretionary
FRED'S INC FRED 95,786 $1,459,778.64 0.83% Consumer Discretionary
KELLY SERVICES INC KELYA 89,261 $1,398,719.87 0.80% Industrials
UNIVERSAL FOREST PRODUCTS UFPI 28,344 $1,390,556.64 0.79% Industrials
STAGE STORES INC SSI 70,127 $1,383,605.71 0.79% Consumer Discretionary
UNITED FIRE GROUP INC UFCS 47,456 $1,357,241.60 0.77% Financials
INFINITY PROP & CASUALTY IPCC 18,395 $1,351,664.60 0.77% Financials
CIBER INC CBR 432,724 $1,337,117.16 0.76% Information Technology
PIONEER ENERGY SERVICES PES 189,831 $1,330,715.31 0.76% Energy
UNITED STATIONER USTR 31,246 $1,314,206.76 0.75% Industrials
SCANSOURCE INC SCSC 33,640 $1,308,932.40 0.75% Information Technology
BEL FUSE INC BELFB 47,415 $1,281,627.45 0.73% Information Technology
SCHULMAN A INC SHLM 32,132 $1,248,006.88 0.71% Materials
SUPERIOR INDUSTRIES INTER SUP 66,080 $1,213,889.60 0.69% Consumer Discretionary
KAISER ALUMINUM CORP. KALU 16,034 $1,190,364.16 0.68% Materials
LHC GROUP INC. LHCG 49,605 $1,188,535.80 0.68% Health Care
EXTERRAN HOLDINGS INC. EXH 32,547 $1,181,781.57 0.67% Energy
HUB GROUP INC HUBG 31,467 $1,178,124.48 0.67% Industrials
AAR CORP AIR 44,385 $1,151,346.90 0.66% Industrials
NEW JERSEY RESOURCES CORP NJR 19,353 $1,117,055.16 0.64% Utilities
AEGION CORP AEGN 56,950 $1,116,789.50 0.64% Industrials
OLYMPIC STEEL INC ZEUS 65,096 $1,107,282.96 0.63% Materials
MONSTER WORLDWIDE, INC. MWW 244,863 $1,092,088.98 0.62% Information Technology
PEP BOYS-MANNY MOE & JACK PBY 111,354 $1,091,269.20 0.62% Consumer Discretionary
MARCUS CORP MCS 65,614 $1,086,567.84 0.62% Consumer Discretionary
AVISTA CORP AVA 31,549 $1,081,815.21 0.62% Utilities
HORACE MANN EDUCATORS COR HMN 34,417 $1,075,187.08 0.61% Financials
VOXX INTERNATIONAL CORP. VOXX 124,088 $1,062,193.28 0.61% Consumer Discretionary
ALMOST FAMILY INC AFAM 37,616 $1,045,724.80 0.60% Health Care
TITAN INTERNATIONAL INC TWI 101,367 $1,033,943.40 0.59% Industrials
TTM TECHNOLOGIES INC TTMI 148,893 $1,027,361.70 0.59% Information Technology
BIG 5 SPORTING GOODS CORP BGFV 76,459 $1,022,256.83 0.58% Consumer Discretionary
CLOUD PEAK ENERG CLD 83,399 $1,021,637.75 0.58% Energy
ANIXTER INTERNATIONAL INC AXE 11,464 $1,017,773.92 0.58% Information Technology
OPLINK COMMUNICATIONS INC OPLK 41,208 $995,585.28 0.57% Information Technology
VIAD CORP VVI 40,655 $991,982.00 0.57% Industrials
SUSQUEHANNA BANCSHARES IN SUSQ 74,631 $990,353.37 0.57% Financials
SANDERSON FARMS INC SAFM 11,245 $980,001.75 0.56% Consumer Staples
HEIDRICK & STRUGGLES INTE HSII 46,715 $961,394.70 0.55% Industrials
SAFETY INSURANCE GROUP IN SAFT 15,940 $960,863.20 0.55% Financials
STEIN MART INC SMRT 66,993 $958,669.83 0.55% Consumer Discretionary
SPOK HOLDINGS INC SPOK 58,606 $950,589.32 0.54% Telecommunication Services
CAREER EDUCATION CORP CECO 165,413 $947,816.49 0.54% Consumer Discretionary
INSPERITY INC. NSP 27,579 $913,968.06 0.52% Industrials
BRINK'S COMPANY BCO 40,830 $897,851.70 0.51% Industrials
SELECTIVE INS GROUP SIGI 32,634 $881,444.34 0.50% Financials
GULF ISLAND FABRICATION I GIFI 39,571 $863,043.51 0.49% Energy
PLEXUS CORPORATION PLXS 21,633 $861,642.39 0.49% Information Technology
WINTRUST FINANCIAL CORP WTFC 18,236 $833,932.28 0.48% Financials
BIGLARI HOLDINGS INC BH 2,190 $818,600.10 0.47% Consumer Discretionary
GENESCO INC GCO 10,086 $816,058.26 0.47% Consumer Discretionary
ATLANTIC TELE-NETWORK INC ATNI 11,771 $810,080.22 0.46% Telecommunication Services
ASTEC INDUSTRIES INC ASTE 19,655 $794,062.00 0.45% Industrials
CAPSTEAD MORTGAGE CORP CMO 60,864 $790,623.36 0.45% Financials
MEADOWBROOK INSURANCE GRO MIG 128,309 $787,817.26 0.45% Financials
MATSON INC MATX 22,919 $784,746.56 0.45% Industrials
BRIGGS & STRATTON CORP BGG 37,882 $779,990.38 0.45% Industrials
CLEARWATER PAPER CORP CLW 11,455 $768,974.15 0.44% Materials
INVACARE CORP IVC 49,470 $757,880.40 0.43% Health Care
NETGEAR INC NTGR 21,367 $744,212.61 0.42% Information Technology
AM CASTLE & CO CAS 95,241 $742,879.80 0.42% Materials
GIBRALTAR INDUSTRIES INC ROCK 48,460 $720,600.20 0.41% Industrials
CHRISTOPHER & BANKS CORP CBK 97,102 $720,496.84 0.41% Consumer Discretionary
ANGIODYNAMICS INC ANGO 39,625 $707,306.25 0.40% Health Care
SWIFT ENERGY CO SFY 110,166 $706,164.06 0.40% Energy
KAMAN CORP KAMN 17,601 $706,152.12 0.40% Industrials
BROOKLINE BANCORP INC BRKL 72,690 $701,458.50 0.40% Financials
AMN HEALTHCARE SERVICES I AHS 37,920 $654,878.40 0.37% Health Care
CURTISS-WRIGHT CORP CW 9,135 $653,700.60 0.37% Industrials
CHILDRENS PLACE RETAIL ST PLCE 11,750 $643,900.00 0.37% Consumer Discretionary
EBIX INC EBIX 39,004 $634,205.04 0.36% Information Technology
ROFIN-SINAR TECHNO ADR RSTI 23,100 $630,168.00 0.36% Information Technology
STANDARD PACIFIC CORP SPF 83,170 $627,933.50 0.36% Consumer Discretionary
MUELLER INDUSTRIES INC MLI 18,656 $619,565.76 0.35% Industrials
LACLEDE GROUP INC/THE LG 12,030 $610,041.30 0.35% Utilities
GLATFELTER GLT 23,677 $604,473.81 0.35% Materials
KULICKE & SOFFA INDUSTRIE KLIC 42,853 $603,370.24 0.34% Information Technology
DIODES INC DIOD 22,463 $602,233.03 0.34% Information Technology
BROOKS AUTOMATION INC BRKS 48,975 $583,292.25 0.33% Information Technology
NEENAH PAPER INC NP 10,050 $578,377.50 0.33% Materials
HEALTHWAYS, INC. HWAY 36,324 $572,103.00 0.33% Health Care
NORTHWESTERN CORPORATION NWE 10,516 $554,824.16 0.32% Utilities
MERITAGE HOMES CORP MTH 13,741 $548,815.54 0.31% Consumer Discretionary
MERCURY COMPUTER SYSTEMS MRCY 40,585 $533,692.75 0.30% Information Technology
CROCS INC CROX 40,124 $533,247.96 0.30% Consumer Discretionary
QUANEX BUILDING PRODUCTS NX 26,220 $527,022.00 0.30% Industrials
RESOURCES CONNECTION INC RECN 33,351 $516,940.50 0.30% Industrials
UTI WORLDWIDE, INC. UTIW 43,871 $515,922.96 0.29% Industrials
RUDOLPH TECHNOLOGIES INC RTEC 53,383 $496,461.90 0.28% Information Technology
PROVIDENT FINANCIAL SERVI PFS 27,678 $488,793.48 0.28% Financials
ZEP INC ZEP 34,246 $485,608.28 0.28% Materials
SWS GROUP INC SWS 67,747 $483,713.58 0.28% Financials
PROASSURANCE CORPORATION PRA 10,255 $466,499.95 0.27% Financials
ALLIANCE ONE INTL AOI 250,191 $462,853.35 0.26% Consumer Staples
FNB CORP/PA FNB 35,791 $459,556.44 0.26% Financials
UIL HOLDINGS CORP UIL 11,443 $455,431.40 0.26% Utilities
KRATON PERFORMAN KRA 23,931 $454,689.00 0.26% Materials
KORN/FERRY INTERNATIONAL KFY 16,601 $451,879.22 0.26% Industrials
FINISH LINE/THE FINL 15,443 $436,882.47 0.25% Consumer Discretionary
ARCH COAL, INC. ACI 176,542 $425,466.22 0.24% Energy
ORION MARINE GROUP INC ORN 36,889 $422,379.05 0.24% Industrials
DIGI INTERNATIONAL INC DGII 54,111 $392,304.75 0.22% Information Technology
NATIONAL PRESTO INDUSTRIE NPK 6,457 $385,482.90 0.22% Industrials
OM GROUP INC OMG 12,638 $346,660.34 0.20% Materials
SEACOR SMIT INC CKH 4,698 $346,336.56 0.20% Energy
STEPAN CO SCL 6,330 $270,164.40 0.15% Materials
SIZMEK INC SZMK 40,564 $242,978.36 0.14% Consumer Discretionary
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 171,013 $171,013.25 0.10% NA
AEROPOSTALE, INC. ARO 44,998 $154,793.12 0.09% Consumer Discretionary
ENOVA INTERNATIONAL INC ENVA $6.06 0.00% Financials

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.

Guggenheim

Subscribe to Perspectives

 

©2014 Guggenheim Investments. All Rights Reserved.

• Not FDIC Insured • No Bank Guarantee • May Lose Value