RPV

Guggenheim S&P 500® Pure Value ETF
NAV $52.35
Change $0.50 | 0.96%
As Of 10/23/14

Investment Objectives

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


Net Asset Value

Net Asset Value $52.35
Change $0.50 | 0.96%


Summary


Ticker RPV
CUSIP 78355W304
Asset Class Style
Inception Date 3/1/06
Gross Expense Ratio 0.35%
IOPV Ticker RPV.IV
Related Index Ticker SPXPV
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

Volume 390,050
Last Sale Price $52.34
52-Week Range $54.98 / $46.22
Shares Outstanding 23,102,836
Total Net Assets $1,209,318,150.49

Overall Morningstar RatingTM *

as of 6/30/14

Among Mid-Cap Value Funds

The fund was rated, based on its risk-adjusted returns, 5 stars for 3 years, 5 stars for 5 years, and 5 stars Overall out of 14, 12 and 14 Mid-Cap Value funds, respectively.

Market Close

Market Price $52.34
Premium / Discount -$0.01
Change $0.50 | 0.96%
High / Low $52.69 / $52.20


Historical Market Closes to NAV

  Days % of Total Days
Premium 1138 52.25%
Discount 824 37.83%
Equal to NAV 216 9.92%
Total 2,178 100%


Characteristics

Number of Stocks 117
Return on Equity (quarterly 9/30/14) 9.52%
Price to Earning (P/E) 14.72
Price to Book (P/B) 1.42
Dividend Amount $0.23
Ex-Dividend Date N/A

Risk

As of 9/30/14
Standard Deviation Sharpe Ratio Beta R-Squared
14.52 2.04 0.99 99.79

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 10/23/2014
Total Assets $1,209,318,150
Number of Stocks 117
Percent Stock 99.94%
Percent Cash / Other 0.06%

Sectors / Industries

as of 10/23/14

Holdings

as of 10/23/14

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
ALCOA INC AA 2,213,823 $35,952,485.52 2.97% Materials
BERKSHIRE HATHAWAY (CL.B) BRK/B 211,793 $29,371,453.24 2.43% Financials
WELLPOINT, INC. WLP 244,325 $29,262,805.25 2.42% Health Care
HUMANA, INC. HUM 167,489 $22,214,066.07 1.84% Health Care
VALERO ENERGY CORPORATION VLO 419,162 $20,123,967.62 1.66% Energy
ARCHER DANIELS MIDLAND ADM 428,678 $19,521,996.12 1.61% Consumer Staples
ASSURANT, INC. AIZ 296,418 $19,130,817.72 1.58% Financials
TYSON FOODS, INC. TSN 485,259 $18,595,124.88 1.54% Consumer Staples
HEWLETT-PACKARD CO HPQ 531,074 $18,555,725.56 1.53% Information Technology
XEROX CORP XRX 1,424,045 $18,199,295.10 1.50% Information Technology
TESORO CORPORATION TSO 269,570 $17,600,225.30 1.46% Energy
NABORS INDUSTRIES, LTD. NBR 924,506 $17,556,368.94 1.45% Energy
PHILLIPS 66-W/I PSX 224,467 $17,086,428.04 1.41% Energy
JABIL CIRCUIT, INC. JBL 861,148 $16,628,767.88 1.38% Information Technology
EXELON CORPORATION EXC 472,518 $16,481,427.84 1.36% Utilities
NRG ENERGY INC NRG 559,452 $16,414,321.68 1.36% Utilities
HARTFORD FINL SVCS GRP HIG 424,962 $15,770,339.82 1.30% Financials
MURPHY OIL CORPORATION MUR 297,079 $15,757,070.16 1.30% Energy
ENTERGY CORPORATION ETR 193,112 $15,698,074.48 1.30% Utilities
PEPCO HOLDINGS INC. POM 567,451 $15,321,177.00 1.27% Utilities
ALLSTATE CORP ALL 245,535 $15,223,170.00 1.26% Financials
HESS CORPORATION HES 183,240 $15,065,992.80 1.25% Energy
GENWORTH FINANCIAL, INC. GNW 1,128,946 $14,992,402.88 1.24% Financials
KROGER COMPANY KR 274,601 $14,908,088.29 1.23% Consumer Staples
AMER INT'L GROUP, INC. AIG 288,530 $14,893,918.60 1.23% Financials
XL GROUP PLC XL 455,234 $14,786,000.32 1.22% Financials
UNUM GROUP UNM 439,239 $14,780,392.35 1.22% Financials
AETNA INC AET 184,494 $14,528,902.50 1.20% Health Care
INTEGRYS ENERGY GROUP INC TEG 202,402 $14,101,347.34 1.17% Utilities
METLIFE INC MET 269,717 $13,596,433.97 1.12% Financials
RYDER SYSTEM, INC. R 149,934 $12,639,436.20 1.05% Industrials
AUTONATION INC AN 238,297 $12,417,656.67 1.03% Consumer Discretionary
STAPLES INC SPLS 987,806 $12,367,331.12 1.02% Consumer Discretionary
L-3 COMMUNICATIONS HOLDIN LLL 107,878 $12,344,479.54 1.02% Industrials
GENERAL MOTORS C GM 384,302 $11,886,460.86 0.98% Consumer Discretionary
COMPUTER SCIENCES CORP CSC 199,729 $11,807,978.48 0.98% Information Technology
CAPITAL ONE FINANCIAL COF 144,058 $11,292,706.62 0.93% Financials
UNITEDHEALTH GROUP INC. UNH 123,642 $11,209,383.72 0.93% Health Care
FRONTIER COMMUNICATIONS FTR 1,768,129 $11,103,850.12 0.92% Telecommunication Services
MORGAN STANLEY MS 326,440 $11,085,902.40 0.92% Financials
KOHL'S CORP KSS 182,751 $10,818,859.20 0.89% Consumer Discretionary
LOEWS CORP L 243,211 $10,261,072.09 0.85% Financials
SUNTRUST BANKS, INC. STI 274,674 $10,187,658.66 0.84% Financials
CARDINAL HEALTH, INC. CAH 133,106 $10,175,953.70 0.84% Health Care
FORD MOTOR COMPANY F 700,526 $10,087,574.40 0.83% Consumer Discretionary
BANK OF AMERICA CORP BAC 607,164 $10,078,922.40 0.83% Financials
SYSCO CORP SYY 263,051 $9,977,524.43 0.83% Consumer Staples
EDISON INTERNATIONAL EIX 166,481 $9,963,887.85 0.82% Utilities
CVS CAREMARK CORP CVS 119,126 $9,958,933.60 0.82% Consumer Staples
EXPRESS SCRIPTS HLDGS ESRX 135,381 $9,890,935.86 0.82% Health Care
FIRSTENERGY CORPORATION FE 279,291 $9,886,901.40 0.82% Utilities
TRAVELERS COS INC TRV 98,645 $9,545,876.65 0.79% Financials
GOLDMAN SACHS GROUP INC GS 52,535 $9,459,452.10 0.78% Financials
D.R.HORTON, INC. DHI 410,824 $9,424,302.56 0.78% Consumer Discretionary
CENTURYLINK CTL 235,300 $9,397,882.00 0.78% Telecommunication Services
JP MORGAN CHASE & CO. JPM 156,407 $9,080,990.42 0.75% Financials
PNC FINANCIAL SERVICES PNC 111,127 $9,063,518.12 0.75% Financials
TARGET CORPORATION TGT 144,994 $8,993,977.82 0.74% Consumer Discretionary
CONSOLIDATED EDISON INC ED 142,128 $8,813,357.28 0.73% Utilities
PG&E CORPORATION PCG 184,886 $8,539,884.34 0.71% Utilities
ACE LIMITED ACE 79,769 $8,407,652.60 0.70% Financials
MOLSON COORS BREWING CO TAP 117,654 $8,393,436.36 0.69% Consumer Staples
XCEL ENERGY, INC. XEL 253,436 $8,287,357.20 0.69% Utilities
AES CORPORATION AES 600,836 $8,165,361.24 0.68% Utilities
NASDAQ OMX GROUP INC/THE NDAQ 196,150 $8,100,995.00 0.67% Financials
SCANA CORPORATION SCG 150,204 $7,968,322.20 0.66% Utilities
BANK OF NY MELLON BK 216,470 $7,896,825.60 0.65% Financials
DTE ENERGY COMPANY DTE 98,207 $7,856,560.00 0.65% Utilities
FLUOR CORPORATION FLR 121,465 $7,847,853.65 0.65% Industrials
CORNING, INC. GLW 418,361 $7,814,983.48 0.65% Information Technology
PUBLIC SVC ENTERPRISE GRP PEG 199,850 $7,768,169.50 0.64% Utilities
WHIRLPOOL CORPORATION WHR 49,010 $7,728,877.00 0.64% Consumer Discretionary
JACOBS ENGINEERING GROUP JEC 157,438 $7,448,391.78 0.62% Industrials
APACHE CORP APA 97,681 $7,431,570.48 0.61% Energy
AGL RESOURCES INC GAS 136,004 $7,363,256.56 0.61% Utilities
PULTE HOMES, INC. PHM 375,817 $7,332,189.67 0.61% Consumer Discretionary
PPL CORPORATION PPL 213,297 $7,326,751.95 0.61% Utilities
PINNACLE WEST CAP CORP PNW 123,484 $7,297,904.40 0.60% Utilities
CHEVRON CORPORATION CVX 61,684 $7,167,063.96 0.59% Energy
DUKE ENERGY CORPORATION DUK 89,263 $7,147,288.41 0.59% Utilities
WAL-MART STORES, INC WMT 93,618 $7,138,372.50 0.59% Consumer Staples
CARNIVAL CORPORATION CCL 186,432 $7,052,722.56 0.58% Consumer Discretionary
NORTHEAST UTILITIES NU 143,192 $6,931,924.72 0.57% Utilities
ALLEGHENY TECHNOLOGIES ATI 209,293 $6,797,836.64 0.56% Materials
MARATHON OIL CORPORATION MRO 194,747 $6,763,563.31 0.56% Energy
BAKER HUGHES, INC. BHI 122,898 $6,651,239.76 0.55% Energy
DOW CHEMICAL COMPANY DOW 135,378 $6,454,823.04 0.53% Materials
AMERICAN ELECTRIC POWER AEP 115,283 $6,372,844.24 0.53% Utilities
TECO ENERGY, INC. TE 320,490 $6,156,612.90 0.51% Utilities
COSTCO WHOLESALE CORP. COST 47,048 $6,143,998.32 0.51% Consumer Staples
HUDSON CITY BANCORP, INC. HCBK 658,145 $5,962,793.70 0.49% Financials
BB&T CORPORATION BBT 161,300 $5,845,512.00 0.48% Financials
INTL PAPER COMPANY IP 117,659 $5,833,533.22 0.48% Materials
TRANSOCEAN LTD. RIG 189,805 $5,783,358.35 0.48% Energy
DENBURY RESOURCES INC DNR 457,656 $5,752,735.92 0.48% Energy
JOY GLOBAL, INC. JOY 107,781 $5,680,058.70 0.47% Industrials
ENSCO INTERNATIONAL INC ESV 143,227 $5,666,060.12 0.47% Energy
CMS ENERGY CORP CMS 170,360 $5,439,594.80 0.45% Utilities
MACY'S, INC. M 93,011 $5,430,912.29 0.45% Consumer Discretionary
CONOCOPHILLIPS COP 75,558 $5,289,060.00 0.44% Energy
CHUBB CORPORATION CB 55,664 $5,246,888.64 0.43% Financials
WELLS FARGO & COMPANY WFC 101,485 $5,135,141.00 0.42% Financials
MOSAIC COMPANY MOS 120,664 $5,120,980.16 0.42% Materials
BEMIS COMPANY, INC. BMS 131,010 $5,081,877.90 0.42% Materials
CINCINNATI FIN. CORP CINF 100,333 $4,846,083.90 0.40% Financials
EXXON MOBIL CORPORATION XOM 50,563 $4,758,483.93 0.39% Energy
DEERE & CO DE 55,533 $4,729,745.61 0.39% Industrials
NOBLE CORP NE 226,237 $4,701,204.86 0.39% Energy
STANLEY BLACK & DECKER SWK 51,530 $4,585,139.40 0.38% Industrials
CONAGRA FOODS INC CAG 128,617 $4,375,550.34 0.36% Consumer Staples
PROGRESSIVE CORP/THE PGR 171,012 $4,348,835.16 0.36% Financials
QUEST DIAGNOSTICS, INC. DGX 67,823 $4,264,710.24 0.35% Health Care
M&T BANK CORP MTB 35,917 $4,150,568.52 0.34% Financials
FREEPORT-MCMORAN COPPER-B FCX 130,060 $4,026,657.60 0.33% Materials
AFLAC INC AFL 69,050 $4,010,424.00 0.33% Financials
NUCOR CORPORATION NUE 75,206 $3,844,530.72 0.32% Materials
AVERY DENNISON AVY 81,345 $3,593,822.10 0.30% Materials
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 227,877 $227,876.65 0.02% 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.

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