RZV

Guggenheim S&P SmallCap 600 Pure Value ETF
NAV $56.82
Change -$0.28 | -0.49%
As Of 10/17/14

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 $56.82
Change -$0.28 | -0.49%


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 55,226
Last Sale Price $56.64
52-Week Range $65.04 / $55.29
Shares Outstanding 2,750,040
Total Net Assets $156,249,479.64

Market Close

Market Price $56.64
Premium / Discount -$0.18
Change -$0.45 | -0.79%
High / Low $57.77 / $56.64


Historical Market Closes to NAV

  Days % of Total Days
Premium 928 42.69%
Discount 1109 51.01%
Equal to NAV 137 6.30%
Total 2,174 100%


Characteristics

Number of Stocks 147
Return on Equity (quarterly 9/30/14) 4.47%
Price to Earning (P/E) 15.43
Price to Book (P/B) 1.22
Dividend Amount $0.10
Ex-Dividend Date N/A

Risk

As of 9/30/14
Standard Deviation Sharpe Ratio Beta R-Squared
18.44 1.36 1.04 99.47

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 10/17/2014
Total Assets $156,249,480
Number of Stocks 147
Percent Stock 99.86%
Percent Cash / Other 0.14%

Sectors / Industries

as of 10/17/14

Holdings

as of 10/17/14

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
GREEN PLAINS REN GPRE 127,003 $3,807,549.94 2.44% Energy
Century Aluminum Co CENX 134,635 $3,271,630.50 2.09% Materials
PERRY ELLIS INTERNATIONAL PERY 152,991 $3,087,358.38 1.98% Consumer Discretionary
MANTECH INTERNATIONAL COR MANT 88,558 $2,394,608.32 1.53% Information Technology
SANMINA-SCI CORP SANM 127,603 $2,307,062.24 1.48% Information Technology
CENTRAL GARDEN AND PET CO CENTA 314,114 $2,302,455.62 1.47% Consumer Staples
SENECA FOODS-A SENEA 77,705 $2,205,267.90 1.41% Consumer Staples
CASH AMERICA INTERNATIONA CSH 51,318 $2,192,818.14 1.40% Financials
ENGILITY HOLDING EGL 61,384 $2,149,667.68 1.38% Industrials
STEWART INFORMATION SERVI STC 71,950 $2,136,915.00 1.37% Financials
PIONEER ENERGY SERVICES PES 192,939 $2,076,023.64 1.33% Energy
MOLINA HEALTHCARE INC MOH 45,434 $2,016,360.92 1.29% Health Care
CDI CORP CDI 128,918 $1,986,626.38 1.27% Industrials
PHARMERICA CORP PMC 74,459 $1,919,553.02 1.23% Health Care
BLACK BOX CORP BBOX 84,822 $1,850,816.04 1.18% Information Technology
GROUP 1 AUTOMOTIVE INC GPI 24,247 $1,772,940.64 1.13% Consumer Discretionary
CACI INTERNATIONAL INC CACI 24,855 $1,757,994.15 1.13% Information Technology
ATLAS AIR WORLDWIDE AAWW 52,118 $1,714,682.20 1.10% Industrials
EZCORP INC EZPW 186,716 $1,712,185.72 1.10% Financials
INSIGHT ENTERPRISES INC NSIT 73,784 $1,680,061.68 1.08% Information Technology
SCHOLASTIC CORP SCHL 51,427 $1,647,206.81 1.05% Consumer Discretionary
BENCHMARK ELECTRONICS INC BHE 77,647 $1,638,351.70 1.05% Information Technology
CROSS COUNTRY HEALTHCARE CCRN 169,892 $1,607,178.32 1.03% Health Care
KINDRED HEALTHCARE, INC. KND 77,473 $1,564,954.60 1.00% Health Care
PIPER JAFFRAY COS PJC 32,243 $1,550,565.87 0.99% Financials
MATERION CORP MTRN 54,059 $1,545,546.81 0.99% Materials
M/I HOMES INC MHO 74,422 $1,533,837.42 0.98% Consumer Discretionary
GRIFFON CORPORATION GFF 140,729 $1,526,909.65 0.98% Industrials
SUPER MICRO COMPUTER INC SMCI 59,534 $1,487,754.66 0.95% Information Technology
MAGELLAN HEALTH SERVICES MGLN 26,451 $1,469,882.07 0.94% Health Care
KELLY SERVICES INC KELYA 90,723 $1,458,825.84 0.93% Industrials
REGIS CORP RGS 94,740 $1,454,259.00 0.93% Consumer Discretionary
UNITED FIRE GROUP INC UFCS 48,232 $1,451,300.88 0.93% Financials
CIBER INC CBR 439,807 $1,446,965.03 0.93% Information Technology
SPARTANNASH CO SPTN 72,137 $1,445,625.48 0.93% Consumer Staples
SYNNEX CORPORATION SNX 23,274 $1,440,195.12 0.92% Information Technology
EMCOR GROUP INC EME 34,501 $1,424,546.29 0.91% Industrials
ABM INDUSTRIES INC ABM 54,788 $1,412,434.64 0.90% Industrials
BOISE CASCADE CO BCC 47,443 $1,403,363.94 0.90% Materials
FRED'S INC FRED 97,353 $1,397,015.55 0.89% Consumer Discretionary
RUBY TUESDAY INC RT 183,827 $1,389,732.12 0.89% Consumer Discretionary
UNIVERSAL FOREST PRODUCTS UFPI 28,809 $1,345,668.39 0.86% Industrials
SONIC AUTOMOTIVE INC SAH 58,040 $1,325,053.20 0.85% Consumer Discretionary
NAVIGATORS GROUP INC NAVG 20,512 $1,305,383.68 0.84% Financials
CALAMOS ASSET MANAGEMENT CLMS 114,963 $1,301,381.16 0.83% Financials
BROWN SHOE COMPANY, INC. BWS 45,896 $1,248,371.20 0.80% Consumer Discretionary
INFINITY PROP & CASUALTY IPCC 18,697 $1,243,163.53 0.80% Financials
SKYWEST, INC. SKYW 157,725 $1,242,873.00 0.80% Industrials
UNITED STATIONER USTR 31,758 $1,242,055.38 0.79% Industrials
OLYMPIC STEEL INC ZEUS 66,162 $1,237,229.40 0.79% Materials
KAISER ALUMINUM CORP. KALU 16,295 $1,220,169.60 0.78% Materials
EXTERRAN HOLDINGS INC. EXH 33,080 $1,218,667.20 0.78% Energy
SUPERIOR INDUSTRIES INTER SUP 67,162 $1,212,274.10 0.78% Consumer Discretionary
BEL FUSE INC BELFB 48,191 $1,190,317.70 0.76% Information Technology
LHC GROUP INC. LHCG 50,416 $1,185,280.16 0.76% Health Care
HUB GROUP INC HUBG 31,982 $1,184,613.28 0.76% Industrials
STAGE STORES INC SSI 71,276 $1,151,107.40 0.74% Consumer Discretionary
SCANSOURCE INC SCSC 34,191 $1,143,347.04 0.73% Information Technology
AAR CORP AIR 45,111 $1,086,723.99 0.70% Industrials
AVISTA CORP AVA 32,064 $1,071,258.24 0.69% Utilities
NEW JERSEY RESOURCES CORP NJR 19,669 $1,038,326.51 0.66% Utilities
MARCUS CORP MCS 66,686 $1,037,634.16 0.66% Consumer Discretionary
ALMOST FAMILY INC AFAM 38,231 $1,023,443.87 0.66% Health Care
HORACE MANN EDUCATORS COR HMN 34,979 $1,022,086.38 0.65% Financials
SCHULMAN A INC SHLM 32,659 $1,001,651.53 0.64% Materials
AEGION CORP AEGN 57,883 $1,000,797.07 0.64% Industrials
HEIDRICK & STRUGGLES INTE HSII 47,480 $995,655.60 0.64% Industrials
MONSTER WORLDWIDE, INC. MWW 248,872 $983,044.40 0.63% Information Technology
TITAN INTERNATIONAL INC TWI 103,026 $964,323.36 0.62% Industrials
SAFETY INSURANCE GROUP IN SAFT 16,200 $958,392.00 0.61% Financials
PEP BOYS-MANNY MOE & JACK PBY 113,176 $956,337.20 0.61% Consumer Discretionary
VOXX INTERNATIONAL CORP. VOXX 126,119 $939,586.55 0.60% Consumer Discretionary
BRINK'S COMPANY BCO 41,500 $933,750.00 0.60% Industrials
CLOUD PEAK ENERG CLD 84,763 $925,611.96 0.59% Energy
ANIXTER INTERNATIONAL INC AXE 11,651 $922,526.18 0.59% Information Technology
TTM TECHNOLOGIES INC TTMI 151,330 $901,926.80 0.58% Information Technology
SANDERSON FARMS INC SAFM 11,429 $898,205.11 0.57% Consumer Staples
CAREER EDUCATION CORP CECO 168,120 $891,036.00 0.57% Consumer Discretionary
VIAD CORP VVI 41,320 $875,984.00 0.56% Industrials
STEIN MART INC SMRT 68,090 $847,039.60 0.54% Consumer Discretionary
SWIFT ENERGY CO SFY 111,968 $826,323.84 0.53% Energy
MEADOWBROOK INSURANCE GRO MIG 130,411 $817,676.97 0.52% Financials
WINTRUST FINANCIAL CORP WTFC 18,535 $812,203.70 0.52% Financials
SPOK HOLDINGS INC SPOK 59,565 $804,127.50 0.51% Telecommunication Services
INSPERITY INC. NSP 28,031 $788,231.72 0.50% Industrials
CAPSTEAD MORTGAGE CORP CMO 61,860 $781,910.40 0.50% Financials
PLEXUS CORPORATION PLXS 21,988 $780,793.88 0.50% Information Technology
BIG 5 SPORTING GOODS CORP BGFV 77,711 $769,338.90 0.49% Consumer Discretionary
SELECTIVE INS GROUP SIGI 33,167 $762,177.66 0.49% Financials
SUSQUEHANNA BANCSHARES IN SUSQ 75,851 $754,338.20 0.48% Financials
CLEARWATER PAPER CORP CLW 11,642 $741,711.82 0.47% Materials
GENESCO INC GCO 10,250 $738,410.00 0.47% Consumer Discretionary
ASTEC INDUSTRIES INC ASTE 19,975 $733,482.00 0.47% Industrials
BIGLARI HOLDINGS INC BH 2,228 $730,694.88 0.47% Consumer Discretionary
ATLANTIC TELE-NETWORK INC ATNI 11,963 $711,319.98 0.46% Telecommunication Services
BRIGGS & STRATTON CORP BGG 38,501 $705,338.32 0.45% Industrials
GIBRALTAR INDUSTRIES INC ROCK 49,254 $705,317.28 0.45% Industrials
KAMAN CORP KAMN 17,888 $704,071.68 0.45% Industrials
OPLINK COMMUNICATIONS INC OPLK 41,883 $703,634.40 0.45% Information Technology
GULF ISLAND FABRICATION I GIFI 40,218 $700,597.56 0.45% Energy
NETGEAR INC NTGR 21,717 $682,999.65 0.44% Information Technology
BROOKLINE BANCORP INC BRKL 73,878 $662,685.66 0.42% Financials
AM CASTLE & CO CAS 96,799 $643,713.35 0.41% Materials
CHRISTOPHER & BANKS CORP CBK 98,692 $642,484.92 0.41% Consumer Discretionary
STANDARD PACIFIC CORP SPF 84,533 $642,450.80 0.41% Consumer Discretionary
AMN HEALTHCARE SERVICES I AHS 38,542 $634,786.74 0.41% Health Care
INVACARE CORP IVC 50,280 $633,528.00 0.41% Health Care
CURTISS-WRIGHT CORP CW 9,285 $617,081.10 0.39% Industrials
MATSON INC MATX 23,294 $607,507.52 0.39% Industrials
LACLEDE GROUP INC/THE LG 12,226 $583,546.98 0.37% Utilities
CHILDRENS PLACE RETAIL ST PLCE 11,944 $564,592.88 0.36% Consumer Discretionary
NEENAH PAPER INC NP 10,214 $556,765.14 0.36% Materials
KULICKE & SOFFA INDUSTRIE KLIC 43,554 $554,006.88 0.35% Information Technology
GLATFELTER GLT 24,064 $549,381.12 0.35% Materials
HEALTHWAYS, INC. HWAY 36,918 $544,171.32 0.35% Health Care
MUELLER INDUSTRIES INC MLI 18,962 $535,866.12 0.34% Industrials
EBIX INC EBIX 39,641 $533,567.86 0.34% Information Technology
NORTHWESTERN CORPORATION NWE 10,687 $529,968.33 0.34% Utilities
BROOKS AUTOMATION INC BRKS 49,777 $525,645.12 0.34% Information Technology
ZEP INC ZEP 34,805 $516,506.20 0.33% Materials
MERITAGE HOMES CORP MTH 13,966 $512,552.20 0.33% Consumer Discretionary
DIODES INC DIOD 22,829 $511,141.31 0.33% Information Technology
ALLIANCE ONE INTL AOI 254,286 $506,029.14 0.32% Consumer Staples
CROCS INC CROX 40,781 $493,450.10 0.32% Consumer Discretionary
QUANEX BUILDING PRODUCTS NX 26,650 $493,291.50 0.32% Industrials
MERCURY COMPUTER SYSTEMS MRCY 41,248 $491,676.16 0.31% Information Technology
ROFIN-SINAR TECHNO ADR RSTI 23,479 $490,006.73 0.31% Information Technology
RESOURCES CONNECTION INC RECN 33,897 $485,744.01 0.31% Industrials
SWS GROUP INC SWS 68,857 $477,179.01 0.31% Financials
UTI WORLDWIDE, INC. UTIW 44,587 $469,946.98 0.30% Industrials
PROVIDENT FINANCIAL SERVI PFS 28,131 $469,225.08 0.30% Financials
RUDOLPH TECHNOLOGIES INC RTEC 54,258 $464,991.06 0.30% Information Technology
PROASSURANCE CORPORATION PRA 10,422 $457,108.92 0.29% Financials
UIL HOLDINGS CORP UIL 11,629 $451,786.65 0.29% Utilities
KORN/FERRY INTERNATIONAL KFY 16,872 $442,890.00 0.28% Industrials
FNB CORP/PA FNB 36,377 $436,887.77 0.28% Financials
DIGI INTERNATIONAL INC DGII 54,996 $426,219.00 0.27% Information Technology
NATIONAL PRESTO INDUSTRIE NPK 6,563 $405,068.36 0.26% Industrials
KRATON PERFORMAN KRA 24,322 $403,745.20 0.26% Materials
FINISH LINE/THE FINL 15,695 $394,101.45 0.25% Consumer Discretionary
SEACOR SMIT INC CKH 4,775 $367,627.25 0.24% Energy
ORION MARINE GROUP INC ORN 37,493 $355,808.57 0.23% Industrials
ARCH COAL, INC. ACI 179,430 $353,477.10 0.23% Energy
STEPAN CO SCL 6,434 $291,460.20 0.19% Materials
OM GROUP INC OMG 12,844 $288,219.36 0.18% Materials
SIZMEK INC SZMK 41,229 $218,101.41 0.14% Consumer Discretionary
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 194,262 $194,261.63 0.12% NA
AEROPOSTALE, INC. ARO 45,732 $132,165.48 0.08% Consumer Discretionary

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.

2014 Guggenheim Investments. All Rights Reserved.
• Not FDIC Insured • No Bank Guarantee • May Lose Value