RZV

Guggenheim S&P SmallCap 600 Pure Value ETF
NAV $62.98
Change $0.61 | 0.98%
As Of 4/22/14

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 $62.98
Change $0.61 | 0.98%


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 Distributors, LLC.


Profile

Volume 19,304
Last Sale Price $63.02
52-Week Range $64.14 / $45.64
Shares Outstanding 2,900,040
Total Net Assets $182,654,852.77

Market Close

Market Price $63.02
Premium / Discount $0.04
Change $0.80 | 1.29%
High / Low $63.16 / $62.40


Historical Market Closes to NAV

  Days % of Total Days
Premium 868 42.36%
Discount 1054 51.44%
Equal to NAV 127 6.20%
Total 2,049 100%


Characteristics

Number of Stocks 149
Return on Equity (quarterly 3/31/14) 5.32%
Price to Earning (P/E) 48.09
Price to Book (P/B) 1.35
Dividend Amount $0.12
Ex-Dividend Date N/A

Risk

As of 3/31/14
Standard Deviation Sharpe Ratio Beta R-Squared
20.15 0.82 1.03 99.48

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 4/22/2014
Total Assets $182,654,853
Number of Stocks 149
Percent Stock 99.86%
Percent Cash / Other 0.14%

Sectors / Industries

as of 4/22/14

Holdings

as of 4/22/14

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
GREEN PLAINS REN GPRE 130,962 $4,007,437.20 2.19% Energy
PIONEER ENERGY SERVICES PES 198,955 $2,862,962.45 1.57% Energy
MANTECH INTERNATIONAL COR MANT 93,877 $2,799,412.14 1.53% Information Technology
ENGILITY HOLDING EGL 63,297 $2,785,068.00 1.52% Industrials
CENTRAL GARDEN AND PET CO CENTA 327,298 $2,729,665.32 1.49% Consumer Staples
SANMINA-SCI CORP SANM 131,582 $2,402,687.32 1.32% Information Technology
SENECA FOODS-A SENEA 81,380 $2,397,454.80 1.31% Consumer Staples
PERRY ELLIS INTERNATIONAL PERY 157,762 $2,394,827.16 1.31% Consumer Discretionary
STEWART INFORMATION SERVI STC 74,192 $2,384,530.88 1.31% Financials
CASH AMERICA INTERNATIONA CSH 52,918 $2,361,730.34 1.29% Financials
CBEYOND INC CBEY 224,135 $2,196,523.00 1.20% Telecommunication Services
CDI CORP CDI 132,938 $2,186,830.10 1.20% Industrials
EZCORP INC EZPW 192,539 $2,144,884.46 1.17% Financials
PHARMERICA CORP PMC 76,781 $2,124,530.27 1.16% Health Care
INSIGHT ENTERPRISES INC NSIT 76,085 $2,099,185.15 1.15% Information Technology
BLACK BOX CORP BBOX 87,468 $2,011,764.00 1.10% Information Technology
KELLY SERVICES INC KELYA 93,552 $2,010,432.48 1.10% Industrials
KINDRED HEALTHCARE, INC. KND 79,889 $1,994,029.44 1.09% Health Care
SKYWEST, INC. SKYW 162,643 $1,977,738.88 1.08% Industrials
CIBER INC CBR 453,523 $1,968,289.82 1.08% Information Technology
MATERION CORP MTRN 55,745 $1,965,568.70 1.08% Materials
Century Aluminum Co CENX 138,833 $1,943,662.00 1.06% Materials
BENCHMARK ELECTRONICS INC BHE 80,068 $1,938,446.28 1.06% Information Technology
ATLAS AIR WORLDWIDE AAWW 53,745 $1,926,220.80 1.05% Industrials
TITAN INTERNATIONAL INC TWI 106,239 $1,917,613.95 1.05% Industrials
FRED'S INC FRED 100,390 $1,852,195.50 1.01% Consumer Discretionary
OLYMPIC STEEL INC ZEUS 68,225 $1,840,028.25 1.01% Materials
CLOUD PEAK ENERG CLD 87,407 $1,836,421.07 1.01% Energy
MONSTER WORLDWIDE, INC. MWW 256,632 $1,791,291.36 0.98% Information Technology
CACI INTERNATIONAL INC CACI 25,629 $1,787,879.04 0.98% Information Technology
SCHOLASTIC CORP SCHL 53,031 $1,768,583.85 0.97% Consumer Discretionary
M/I HOMES INC MHO 76,742 $1,692,928.52 0.93% Consumer Discretionary
SYNNEX CORPORATION SNX 24,001 $1,676,229.84 0.92% Information Technology
MOLINA HEALTHCARE INC MOH 46,851 $1,672,112.19 0.92% Health Care
EMCOR GROUP INC EME 35,577 $1,660,022.82 0.91% Industrials
SPARTAN STORES INC SPTN 74,387 $1,652,879.14 0.90% Consumer Staples
STAGE STORES INC SSI 73,498 $1,642,680.30 0.90% Consumer Discretionary
VOXX INTERNATIONAL CORP. VOXX 130,052 $1,620,447.92 0.89% Consumer Discretionary
GROUP 1 AUTOMOTIVE INC GPI 25,003 $1,618,444.19 0.89% Consumer Discretionary
GRIFFON CORPORATION GFF 145,117 $1,612,249.87 0.88% Industrials
UNIVERSAL FOREST PRODUCTS UFPI 29,707 $1,591,403.99 0.87% Industrials
ABM INDUSTRIES INC ABM 56,497 $1,572,311.51 0.86% Industrials
CALAMOS ASSET MANAGEMENT CLMS 118,547 $1,537,554.59 0.84% Financials
EXTERRAN HOLDINGS INC. EXH 34,112 $1,506,385.92 0.82% Energy
SUPERIOR INDUSTRIES INTER SUP 69,256 $1,503,547.76 0.82% Consumer Discretionary
MAGELLAN HEALTH SERVICES MGLN 27,275 $1,500,397.75 0.82% Health Care
HUB GROUP INC HUBG 32,979 $1,497,906.18 0.82% Industrials
AEGION CORP AEGN 59,687 $1,465,912.72 0.80% Industrials
PIPER JAFFRAY COS PJC 33,249 $1,458,633.63 0.80% Financials
RUBY TUESDAY INC RT 189,558 $1,444,431.96 0.79% Consumer Discretionary
SONIC AUTOMOTIVE INC SAH 59,850 $1,441,188.00 0.79% Consumer Discretionary
UNITED FIRE GROUP INC UFCS 49,737 $1,434,415.08 0.79% Financials
SCANSOURCE INC SCSC 35,257 $1,408,517.15 0.77% Information Technology
AM CASTLE & CO CAS 99,819 $1,376,504.01 0.75% Materials
SWIFT ENERGY CO SFY 115,461 $1,361,285.19 0.75% Energy
CAREER EDUCATION CORP CECO 173,364 $1,347,038.28 0.74% Consumer Discretionary
BOISE CASCADE CO BCC 48,921 $1,317,442.53 0.72% Materials
REGIS CORP RGS 97,694 $1,298,353.26 0.71% Consumer Discretionary
INFINITY PROP & CASUALTY IPCC 19,279 $1,259,882.65 0.69% Financials
CROSS COUNTRY HEALTHCARE CCRN 175,190 $1,257,864.20 0.69% Health Care
NAVIGATORS GROUP INC NAVG 21,150 $1,253,983.50 0.69% Financials
CENTENE CORP CNC 19,324 $1,242,339.96 0.68% Health Care
TTM TECHNOLOGIES INC TTMI 156,049 $1,242,150.04 0.68% Information Technology
BIG 5 SPORTING GOODS CORP BGFV 80,134 $1,240,474.32 0.68% Consumer Discretionary
UNITED STATIONER USTR 32,748 $1,239,511.80 0.68% Industrials
AAR CORP AIR 46,518 $1,237,843.98 0.68% Industrials
SCHULMAN A INC SHLM 33,677 $1,237,292.98 0.68% Materials
PEP BOYS-MANNY MOE & JACK PBY 116,706 $1,237,083.60 0.68% Consumer Discretionary
KAISER ALUMINUM CORP. KALU 16,804 $1,227,868.28 0.67% Materials
MARCUS CORP MCS 68,767 $1,215,112.89 0.67% Consumer Discretionary
JAKKS PACIFIC INC JAKK 129,041 $1,183,305.97 0.65% Consumer Discretionary
BROWN SHOE COMPANY, INC. BWS 47,327 $1,182,228.46 0.65% Consumer Discretionary
ANIXTER INTERNATIONAL INC AXE 12,015 $1,178,671.50 0.65% Information Technology
BEL FUSE INC BELFB 49,694 $1,175,263.10 0.64% Information Technology
SUPER MICRO COMPUTER INC SMCI 61,392 $1,163,378.40 0.64% Information Technology
LHC GROUP INC. LHCG 51,990 $1,125,583.50 0.62% Health Care
USA MOBILITY INC USMO 61,422 $1,056,458.40 0.58% Telecommunication Services
AVISTA CORP AVA 33,065 $1,034,273.20 0.57% Utilities
HORACE MANN EDUCATORS COR HMN 36,071 $1,026,941.37 0.56% Financials
PLEXUS CORPORATION PLXS 22,673 $1,011,215.80 0.55% Information Technology
VIAD CORP VVI 42,609 $1,003,015.86 0.55% Industrials
HEIDRICK & STRUGGLES INTE HSII 48,960 $988,992.00 0.54% Industrials
NEW JERSEY RESOURCES CORP NJR 20,283 $987,984.93 0.54% Utilities
BIGLARI HOLDINGS INC BH 2,133 $984,486.15 0.54% Consumer Discretionary
SANDERSON FARMS INC SAFM 11,786 $980,241.62 0.54% Consumer Staples
GULF ISLAND FABRICATION I GIFI 41,472 $958,832.64 0.52% Energy
INVACARE CORP IVC 51,848 $926,523.76 0.51% Health Care
STEIN MART INC SMRT 70,213 $920,492.43 0.50% Consumer Discretionary
INSPERITY INC. NSP 28,905 $918,889.95 0.50% Industrials
SPARTAN MOTORS INC SPAR 165,759 $906,701.73 0.50% Consumer Discretionary
BRIGGS & STRATTON CORP BGG 39,703 $904,434.34 0.50% Industrials
GIBRALTAR INDUSTRIES INC ROCK 50,789 $902,520.53 0.49% Industrials
SAFETY INSURANCE GROUP IN SAFT 16,706 $900,119.28 0.49% Financials
WINTRUST FINANCIAL CORP WTFC 19,113 $896,973.09 0.49% Financials
ALMOST FAMILY INC AFAM 39,424 $868,116.48 0.48% Health Care
SUSQUEHANNA BANCSHARES IN SUSQ 78,218 $861,180.18 0.47% Financials
ASTEC INDUSTRIES INC ASTE 20,599 $855,064.49 0.47% Industrials
ARCH COAL, INC. ACI 185,028 $841,877.40 0.46% Energy
CAPSTEAD MORTGAGE CORP CMO 63,790 $819,701.50 0.45% Financials
GENESCO INC GCO 10,571 $810,267.15 0.44% Consumer Discretionary
MEADOWBROOK INSURANCE GRO MIG 134,477 $786,690.45 0.43% Financials
ATLANTIC TELE-NETWORK INC ATNI 12,337 $779,945.14 0.43% Telecommunication Services
SELECTIVE INS GROUP SIGI 34,203 $771,961.71 0.42% Financials
KAMAN CORP KAMN 18,447 $753,744.42 0.41% Industrials
NETGEAR INC NTGR 22,394 $753,558.10 0.41% Information Technology
OPLINK COMMUNICATIONS INC OPLK 43,188 $752,334.96 0.41% Information Technology
CLEARWATER PAPER CORP CLW 12,006 $738,849.24 0.40% Materials
STANDARD PACIFIC CORP SPF 87,168 $706,060.80 0.39% Consumer Discretionary
ALLIANCE ONE INTL AOI 262,217 $705,363.73 0.39% Consumer Staples
BROOKLINE BANCORP INC BRKL 76,184 $701,654.64 0.38% Financials
EBIX INC EBIX 40,878 $694,517.22 0.38% Information Technology
KRATON PERFORMAN KRA 25,081 $686,968.59 0.38% Materials
CHRISTOPHER & BANKS CORP CBK 101,769 $656,410.05 0.36% Consumer Discretionary
HEALTHWAYS, INC. HWAY 38,069 $655,548.18 0.36% Health Care
DIODES INC DIOD 23,543 $647,667.93 0.35% Information Technology
GLATFELTER GLT 24,815 $639,730.70 0.35% Materials
ZEP INC ZEP 35,892 $630,981.36 0.35% Materials
RUDOLPH TECHNOLOGIES INC RTEC 55,949 $623,831.35 0.34% Information Technology
CROCS INC CROX 42,052 $621,528.56 0.34% Consumer Discretionary
MERITAGE HOMES CORP MTH 14,401 $618,666.96 0.34% Consumer Discretionary
CURTISS-WRIGHT CORP CW 9,574 $617,140.04 0.34% Industrials
MATSON INC MATX 24,020 $604,583.40 0.33% Industrials
MERCURY COMPUTER SYSTEMS MRCY 42,535 $604,422.35 0.33% Information Technology
CHILDRENS PLACE RETAIL ST PLCE 12,315 $603,927.60 0.33% Consumer Discretionary
MUELLER INDUSTRIES INC MLI 19,553 $598,126.27 0.33% Industrials
LACLEDE GROUP INC/THE LG 12,609 $588,714.21 0.32% Utilities
KULICKE & SOFFA INDUSTRIE KLIC 44,913 $584,318.13 0.32% Information Technology
BROOKS AUTOMATION INC BRKS 51,329 $577,964.54 0.32% Information Technology
DIGI INTERNATIONAL INC DGII 56,711 $574,482.43 0.31% Information Technology
ROFIN-SINAR TECHNO ADR RSTI 24,210 $572,566.50 0.31% Information Technology
SWS GROUP INC SWS 71,004 $561,641.64 0.31% Financials
QUANEX BUILDING PRODUCTS NX 27,481 $558,963.54 0.31% Industrials
NEENAH PAPER INC NP 10,533 $547,610.67 0.30% Materials
NORTHWESTERN CORPORATION NWE 11,022 $526,520.94 0.29% Utilities
KORN/FERRY INTERNATIONAL KFY 17,398 $523,853.78 0.29% Industrials
PROVIDENT FINANCIAL SERVI PFS 29,009 $515,489.93 0.28% Financials
NATIONAL PRESTO INDUSTRIE NPK 6,767 $515,442.39 0.28% Industrials
AMN HEALTHCARE SERVICES I AHS 39,742 $508,300.18 0.28% Health Care
ORION MARINE GROUP INC ORN 38,662 $489,460.92 0.27% Industrials
FNB CORP/PA FNB 37,511 $481,266.13 0.26% Financials
RESOURCES CONNECTION INC RECN 34,954 $477,471.64 0.26% Industrials
PROASSURANCE CORPORATION PRA 10,748 $476,136.40 0.26% Financials
UIL HOLDINGS CORP UIL 11,993 $445,659.88 0.24% Utilities
FINISH LINE/THE FINL 16,185 $432,139.50 0.24% Consumer Discretionary
SIZMEK INC SZMK 42,514 $424,714.86 0.23% Consumer Discretionary
SEACOR SMIT INC CKH 4,924 $424,054.88 0.23% Energy
OM GROUP INC OMG 13,246 $419,103.44 0.23% Materials
STEPAN CO SCL 6,634 $407,791.98 0.22% Materials
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 253,544 $253,543.55 0.14% NA
AEROPOSTALE, INC. ARO 47,160 $223,066.80 0.12% Consumer Discretionary

Disclosure

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.
 

2014 Guggenheim Investments. All Rights Reserved.

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

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.