RYE

Guggenheim S&P 500® Equal Weight Energy ETF
NAV $75.35
Change -$1.40 | -1.82%
As Of 11/26/14

Investment Objectives

Seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500 Equal Weight Index Energy.


Net Asset Value

Net Asset Value $75.35
Change -$1.40 | -1.82%


Summary


Ticker RYE
CUSIP 78355W866
Asset Class Sector
Inception Date 11/1/06
Gross Expense Ratio 0.40%
IOPV Ticker RYE.IV
Related Index Ticker S10
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

Volume 35,098
Last Sale Price $75.38
52-Week Range $95.24 / $68.33
Shares Outstanding 1,350,005
Total Net Assets $101,723,142.70

Overall Morningstar RatingTM *

as of 9/30/14

Among Equity Energy Funds

The fund was rated, based on its risk-adjusted returns, 4 stars for 3 years, 5 stars for 5 years, and 5 stars Overall out of 18, 16, and 18 Equity Energy funds, respectively.

Market Close

Market Price $75.38
Premium / Discount $0.03
Change -$1.41 | -1.84%
High / Low $76.38 / $75.18


Historical Market Closes to NAV

  Days % of Total Days
Premium 890 43.82%
Discount 1053 51.85%
Equal to NAV 88 4.33%
Total 2,031 100%


Characteristics

Number of Stocks 43
Return on Equity (quarterly 9/30/14) 11.75%
Price to Earning (P/E) 15.62
Price to Book (P/B) 1.77
Dividend Amount $0.41
Ex-Dividend Date N/A

Risk

As of 10/31/14
Standard Deviation Sharpe Ratio Beta R-Squared
16.58 0.44 1.02 99.44

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 $101,723,143
Number of Stocks 43
Percent Stock 99.55%
Percent Cash / Other 0.45%

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
TESORO CORPORATION TSO 43,297 $3,392,319.95 3.33% Oil Gas & Consumable Fuels
KINDER MORGAN IN KMI 70,540 $2,985,252.80 2.93% Oil Gas & Consumable Fuels
MARATHON PETROLEUM CORP MPC 30,663 $2,933,529.21 2.88% Oil Gas & Consumable Fuels
VALERO ENERGY CORPORATION VLO 55,003 $2,801,852.82 2.75% Oil Gas & Consumable Fuels
CONSOL ENERGY INC CNX 67,999 $2,725,399.92 2.68% Oil Gas & Consumable Fuels
CABOT OIL & GAS CORP COG 80,691 $2,696,693.22 2.65% Oil Gas & Consumable Fuels
EXXON MOBIL CORPORATION XOM 27,813 $2,627,772.24 2.58% Oil Gas & Consumable Fuels
SPECTRA ENERGY CORP SE 66,846 $2,625,042.42 2.58% Oil Gas & Consumable Fuels
EQT CORP. EQT 28,215 $2,608,476.75 2.56% Oil Gas & Consumable Fuels
WILLIAMS COMPANIES INC. WMB 47,385 $2,599,067.25 2.56% Oil Gas & Consumable Fuels
PHILLIPS 66-W/I PSX 32,069 $2,542,430.32 2.50% Oil Gas & Consumable Fuels
RANGE RESOURCES CORP RRC 36,757 $2,527,411.32 2.48% Oil Gas & Consumable Fuels
BAKER HUGHES, INC. BHI 40,058 $2,506,829.64 2.46% Energy Equipment & Services
CHEVRON CORPORATION CVX 21,725 $2,500,764.75 2.46% Oil Gas & Consumable Fuels
EOG RESOURCES, INC. EOG 26,284 $2,472,535.88 2.43% Oil Gas & Consumable Fuels
CHESAPEAKE ENERGY CO CHK 106,927 $2,463,598.08 2.42% Oil Gas & Consumable Fuels
FMC TECHNOLOGIES, INC. FTI 46,970 $2,450,894.60 2.41% Energy Equipment & Services
DEVON ENERGY CORP DVN 38,065 $2,436,921.30 2.40% Oil Gas & Consumable Fuels
SCHLUMBERGER, LTD. SLB 26,064 $2,418,999.84 2.38% Energy Equipment & Services
CONOCOPHILLIPS COP 33,945 $2,404,324.35 2.36% Oil Gas & Consumable Fuels
MURPHY OIL CORPORATION MUR 46,505 $2,398,727.90 2.36% Oil Gas & Consumable Fuels
OCCIDENTAL PETROLEUM CORP OXY 27,347 $2,355,397.11 2.32% Oil Gas & Consumable Fuels
NATIONAL-OILWELL VARCO NOV 33,019 $2,353,924.51 2.31% Energy Equipment & Services
SOUTHWESTERN ENERGY CO. SWN 71,043 $2,319,553.95 2.28% Oil Gas & Consumable Fuels
CIMAREX ENERGY XEC 19,883 $2,298,474.80 2.26% Oil Gas & Consumable Fuels
ONEOK INC OKE 39,394 $2,263,579.24 2.23% Oil Gas & Consumable Fuels
NEWFIELD EXPLORATION COMP NFX 69,495 $2,257,197.60 2.22% Oil Gas & Consumable Fuels
ANADARKO PETROLEUM CORP APC 25,246 $2,233,261.16 2.20% Oil Gas & Consumable Fuels
HESS CORPORATION HES 27,454 $2,219,106.82 2.18% Oil Gas & Consumable Fuels
MARATHON OIL CORPORATION MRO 67,292 $2,186,990.00 2.15% Oil Gas & Consumable Fuels
DIAMOND OFFSHORE DRILLING DO 66,857 $2,154,132.54 2.12% Energy Equipment & Services
ENSCO INTERNATIONAL INC ESV 57,573 $2,138,836.95 2.10% Energy Equipment & Services
CAMERON INT. CORP. CAM 37,466 $2,128,818.12 2.09% Energy Equipment & Services
PIONEER NATURAL RESOURCES PXD 13,166 $2,117,224.46 2.08% Oil Gas & Consumable Fuels
NOBLE ENERGY, INC. NBL 38,718 $2,084,189.94 2.05% Oil Gas & Consumable Fuels
HELMERICH & PAYNE INC HP 26,410 $2,052,849.30 2.02% Energy Equipment & Services
QEP RESOURCES IN QEP 84,038 $2,032,038.84 2.00% Oil Gas & Consumable Fuels
NOBLE CORP NE 102,622 $2,022,679.62 1.99% Energy Equipment & Services
APACHE CORP APA 27,682 $1,999,747.68 1.97% Oil Gas & Consumable Fuels
HALLIBURTON COMPANY HAL 40,447 $1,914,760.98 1.88% Energy Equipment & Services
TRANSOCEAN LTD. RIG 74,262 $1,728,076.74 1.70% Energy Equipment & Services
NABORS INDUSTRIES, LTD. NBR 110,365 $1,663,200.55 1.64% Energy Equipment & Services
DENBURY RESOURCES INC DNR 167,074 $1,627,300.76 1.60% Oil Gas & Consumable Fuels
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 123,414 $123,414.40 0.12% na

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.

Sector funds may not be suitable for all investors. Investing in sector funds is more volatile than investing in broadly diversified funds, as there is a greater risk due to the concentration of the funds' holdings in issuers of similar offerings. Guggenheim Investment Equal Weight ETFs may not be suitable for all investors. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Most investors will also incur customary brokerage commissions when buying or selling shares of an ETF. Investments in securities are subject to market risks that may cause their prices to fluctuate over time. Please review a prospectus carefully for more information of the risks associated with each ETF.

Fund data is subject to change on a daily basis.

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” and “S&P SmallCap 600” are trademarks of Standard & Poor’s, LLC and have been licensed for use by Guggenhe Investments and its affiliates. Citigroup is a trademark of Citigroup Global Markets Inc. and has been licensed for use by Standard & Poor’s. The product is not sponsored, endorsed, sold or promoted by Standard & Poor’s, and neither Standard & Poor’s nor Citigroup Global Markets Inc. makes no representation regarding the advisability of investing in the product.
 

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