RPV

Guggenheim S&P 500® Pure Value ETF
NAV $54.80
Change $1.13 | 2.11%
As Of 12/18/14

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 $54.80
Change $1.13 | 2.11%


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 270,522
Last Sale Price $54.80
52-Week Range $55.33 / $46.69
Shares Outstanding 29,702,836
Total Net Assets $1,627,858,942.60

Overall Morningstar RatingTM *

as of 9/30/14

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 $54.80
Premium / Discount $0.00
Change $1.14 | 2.12%
High / Low $54.80 / $54.03


Historical Market Closes to NAV

  Days % of Total Days
Premium 1151 51.92%
Discount 839 37.84%
Equal to NAV 227 10.24%
Total 2,217 100%


Characteristics

Number of Stocks 115
Return on Equity (quarterly 9/30/14) 9.67%
Price to Earning (P/E) 15.24
Price to Book (P/B) 1.40
Dividend Amount $0.23
Ex-Dividend Date N/A

Risk

As of 11/28/14
Standard Deviation Sharpe Ratio Beta R-Squared
13.21 2.04 1.00 99.87

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 12/18/2014
Total Assets $1,627,858,943
Number of Stocks 115
Percent Stock 99.56%
Percent Cash / Other 0.44%

Sectors / Industries

as of 12/18/14

Holdings

as of 12/18/14

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
ALCOA INC AA 2,900,836 $45,775,192.08 2.81% Materials
BERKSHIRE HATHAWAY (CL.B) BRK/B 277,495 $42,365,161.65 2.60% Financials
ANTHEM INC ANTM 320,177 $40,889,804.67 2.51% Health Care
HUMANA, INC. HUM 219,401 $32,706,107.07 2.01% Health Care
ARCHER DANIELS MIDLAND ADM 561,670 $28,735,037.20 1.77% Consumer Staples
HEWLETT-PACKARD CO HPQ 695,842 $27,708,428.44 1.70% Information Technology
ASSURANT, INC. AIZ 388,460 $26,302,626.60 1.62% Financials
XEROX CORP XRX 1,865,899 $25,917,337.11 1.59% Information Technology
VALERO ENERGY CORPORATION VLO 549,184 $25,850,090.88 1.59% Energy
TYSON FOODS, INC. TSN 635,819 $25,254,730.68 1.55% Consumer Staples
TESORO CORPORATION TSO 353,148 $25,207,704.24 1.55% Energy
HARTFORD FINL SVCS GRP HIG 556,826 $23,353,282.44 1.43% Financials
EXELON CORPORATION EXC 619,158 $23,236,999.74 1.43% Utilities
KROGER COMPANY KR 359,724 $22,892,835.36 1.41% Consumer Staples
STAPLES INC SPLS 1,294,303 $22,831,504.92 1.40% Consumer Discretionary
ALLSTATE CORP ALL 321,655 $22,448,302.45 1.38% Financials
ENTERGY CORPORATION ETR 253,058 $22,446,244.60 1.38% Utilities
AETNA INC AET 241,753 $21,789,197.89 1.34% Health Care
AMER INT'L GROUP, INC. AIG 378,065 $20,797,355.65 1.28% Financials
NRG ENERGY INC NRG 733,100 $20,350,856.00 1.25% Utilities
INTEGRYS ENERGY GROUP INC TEG 265,165 $20,332,852.20 1.25% Utilities
PHILLIPS 66-W/I PSX 294,129 $20,303,724.87 1.25% Energy
PEPCO HOLDINGS INC. POM 743,489 $20,230,335.69 1.24% Utilities
XL GROUP PLC XL 596,503 $19,780,039.48 1.22% Financials
UNUM GROUP UNM 575,602 $19,708,612.48 1.21% Financials
METLIFE INC MET 353,450 $19,096,903.50 1.17% Financials
MURPHY OIL CORPORATION MUR 389,253 $18,925,480.86 1.16% Energy
AUTONATION INC AN 312,183 $18,028,568.25 1.11% Consumer Discretionary
RYDER SYSTEM, INC. R 196,524 $17,867,962.08 1.10% Industrials
L-3 COMMUNICATIONS HOLDIN LLL 141,349 $17,817,041.45 1.09% Industrials
HESS CORPORATION HES 240,106 $16,939,478.30 1.04% Energy
COMPUTER SCIENCES CORP CSC 261,642 $16,671,828.24 1.02% Information Technology
UNITEDHEALTH GROUP INC. UNH 162,067 $16,569,730.08 1.02% Health Care
MORGAN STANLEY MS 427,773 $16,298,151.30 1.00% Financials
GENERAL MOTORS C GM 503,505 $15,986,283.75 0.98% Consumer Discretionary
FRONTIER COMMUNICATIONS FTR 2,316,792 $15,615,178.08 0.96% Telecommunication Services
CAPITAL ONE FINANCIAL COF 188,809 $15,512,547.44 0.95% Financials
SUNTRUST BANKS, INC. STI 359,927 $15,012,555.17 0.92% Financials
CVS CAREMARK CORP CVS 156,136 $14,914,110.72 0.92% Consumer Staples
NABORS INDUSTRIES, LTD. NBR 1,211,428 $14,403,878.92 0.88% Energy
CARDINAL HEALTH, INC. CAH 174,342 $14,367,524.22 0.88% Health Care
EXPRESS SCRIPTS HLDGS ESRX 177,448 $14,281,015.04 0.88% Health Care
KOHL'S CORP KSS 239,441 $14,234,767.45 0.87% Consumer Discretionary
FIRSTENERGY CORPORATION FE 365,954 $14,195,355.66 0.87% Utilities
TARGET CORPORATION TGT 190,027 $14,183,615.28 0.87% Consumer Discretionary
EDISON INTERNATIONAL EIX 218,114 $14,129,424.92 0.87% Utilities
SYSCO CORP SYY 344,657 $14,041,326.18 0.86% Consumer Staples
BANK OF AMERICA CORP BAC 795,580 $13,946,517.40 0.86% Financials
TRAVELERS COS INC TRV 129,333 $13,702,831.35 0.84% Financials
FORD MOTOR COMPANY F 917,926 $13,594,484.06 0.84% Consumer Discretionary
PNC FINANCIAL SERVICES PNC 145,622 $13,449,647.92 0.83% Financials
GOLDMAN SACHS GROUP INC GS 68,867 $13,195,605.87 0.81% Financials
D.R.HORTON, INC. DHI 538,308 $13,172,396.76 0.81% Consumer Discretionary
LOEWS CORP L 318,627 $13,073,265.81 0.80% Financials
PG&E CORPORATION PCG 242,288 $12,950,293.60 0.80% Utilities
JP MORGAN CHASE & CO. JPM 204,935 $12,599,403.80 0.77% Financials
NASDAQ OMX GROUP INC/THE NDAQ 257,092 $12,304,423.12 0.76% Financials
WHIRLPOOL CORPORATION WHR 64,206 $12,232,527.12 0.75% Consumer Discretionary
CONSOLIDATED EDISON INC ED 186,194 $12,206,878.64 0.75% Utilities
CENTURYLINK CTL 308,321 $12,172,513.08 0.75% Telecommunication Services
CORNING, INC. GLW 548,241 $12,159,985.38 0.75% Information Technology
ACE LIMITED ACE 104,547 $11,974,813.38 0.74% Financials
GENWORTH FINANCIAL, INC. GNW 1,479,319 $11,819,758.81 0.73% Financials
MOLSON COORS BREWING CO TAP 154,121 $11,813,374.65 0.73% Consumer Staples
SCANA CORPORATION SCG 196,782 $11,757,724.50 0.72% Utilities
XCEL ENERGY, INC. XEL 332,106 $11,739,947.10 0.72% Utilities
BANK OF NY MELLON BK 283,602 $11,658,878.22 0.72% Financials
PUBLIC SVC ENTERPRISE GRP PEG 261,892 $11,070,174.84 0.68% Utilities
DTE ENERGY COMPANY DTE 128,753 $11,005,806.44 0.68% Utilities
PINNACLE WEST CAP CORP PNW 161,754 $10,884,426.66 0.67% Utilities
CARNIVAL CORPORATION CCL 244,288 $10,870,816.00 0.67% Consumer Discretionary
WAL-MART STORES, INC WMT 122,627 $10,538,564.38 0.65% Consumer Staples
AES CORPORATION AES 787,272 $10,399,863.12 0.64% Utilities
PULTE HOMES, INC. PHM 492,454 $10,307,062.22 0.63% Consumer Discretionary
PPL CORPORATION PPL 279,453 $10,021,184.58 0.62% Utilities
NORTHEAST UTILITIES NU 187,659 $9,921,531.33 0.61% Utilities
DUKE ENERGY CORPORATION DUK 116,974 $9,710,011.74 0.60% Utilities
FLUOR CORPORATION FLR 159,179 $9,483,884.82 0.58% Industrials
AGL RESOURCES INC GAS 178,205 $9,311,211.25 0.57% Utilities
AMERICAN ELECTRIC POWER AEP 151,047 $9,059,799.06 0.56% Utilities
BAKER HUGHES, INC. BHI 161,033 $8,980,810.41 0.55% Energy
CHEVRON CORPORATION CVX 80,803 $8,809,951.09 0.54% Energy
COSTCO WHOLESALE CORP. COST 61,685 $8,732,128.60 0.54% Consumer Staples
JACOBS ENGINEERING GROUP JEC 206,280 $8,713,267.20 0.54% Industrials
ALLEGHENY TECHNOLOGIES ATI 274,298 $8,687,017.66 0.53% Materials
HUDSON CITY BANCORP, INC. HCBK 862,349 $8,571,749.06 0.53% Financials
INTL PAPER COMPANY IP 154,125 $8,345,868.75 0.51% Materials
TECO ENERGY, INC. TE 419,987 $8,336,741.95 0.51% Utilities
BB&T CORPORATION BBT 211,387 $8,100,349.84 0.50% Financials
DOW CHEMICAL COMPANY DOW 177,313 $8,064,195.24 0.50% Materials
APACHE CORP APA 127,926 $7,950,600.90 0.49% Energy
MACY'S, INC. M 121,849 $7,806,865.43 0.48% Consumer Discretionary
CMS ENERGY CORP CMS 223,275 $7,714,151.25 0.47% Utilities
CHUBB CORPORATION CB 72,951 $7,540,944.87 0.46% Financials
WELLS FARGO & COMPANY WFC 133,016 $7,343,813.36 0.45% Financials
MOSAIC COMPANY MOS 158,090 $7,147,248.90 0.44% Materials
MARATHON OIL CORPORATION MRO 255,103 $7,030,638.68 0.43% Energy
CONOCOPHILLIPS COP 99,070 $6,910,132.50 0.42% Energy
CINCINNATI FIN. CORP CINF 131,430 $6,769,959.30 0.42% Financials
JOY GLOBAL, INC. JOY 141,257 $6,569,863.07 0.40% Industrials
STANLEY BLACK & DECKER SWK 67,583 $6,515,677.03 0.40% Industrials
DEERE & CO DE 72,701 $6,509,647.54 0.40% Industrials
CONAGRA FOODS INC CAG 168,561 $6,165,961.38 0.38% Consumer Staples
EXXON MOBIL CORPORATION XOM 66,175 $6,032,513.00 0.37% Energy
PROGRESSIVE CORP/THE PGR 224,060 $5,995,845.60 0.37% Financials
M&T BANK CORP MTB 47,047 $5,849,823.98 0.36% Financials
QUEST DIAGNOSTICS, INC. DGX 88,932 $5,830,381.92 0.36% Health Care
ENSCO INTERNATIONAL INC ESV 187,692 $5,613,867.72 0.34% Energy
AFLAC INC AFL 90,427 $5,454,556.64 0.34% Financials
AVERY DENNISON AVY 106,538 $5,441,961.04 0.33% Materials
NOBLE CORP NE 296,467 $5,042,903.67 0.31% Energy
NUCOR CORPORATION NUE 98,572 $4,867,485.36 0.30% Materials
TRANSOCEAN LTD. RIG 248,767 $4,542,485.42 0.28% Energy
DENBURY RESOURCES INC DNR 599,656 $4,389,481.92 0.27% Energy
FREEPORT-MCMORAN COPPER-B FCX 170,425 $3,889,098.50 0.24% Materials
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 3,445,564 $3,445,563.77 0.21% 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.

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