RPV

Guggenheim S&P 500® Pure Value ETF
NAV $53.89
Change -$0.02 | -0.04%
As Of 7/2/15

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 $53.89
Change -$0.02 | -0.04%


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 69,567
Last Sale Price $53.88
52-Week Range $56.22 / $48.25
Shares Outstanding 17,702,836
Total Net Assets $954,083,195.37

Overall Morningstar RatingTM *

as of 3/31/15

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 13, 12, and 13 Mid-Cap Value funds, respectively.

Market Close

Market Price $53.88
Premium / Discount -$0.01
Change -$0.05 | -0.09%
High / Low $54.21 / $53.77


Historical Market Closes to NAV

  Days % of Total Days
Premium 1205 51.25%
Discount 894 38.03%
Equal to NAV 252 10.72%
Total 2,351 100%


Characteristics

Number of Stocks 117
Return on Equity (quarterly 6/30/15) 9.30%
Price to Earning (P/E) 14.55
Price to Book (P/B) 1.19
Dividend Amount $0.29
Ex-Dividend Date N/A

Risk

As of 6/30/15
Standard Deviation Sharpe Ratio Beta R-Squared
11.81 2.05 1.01 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 7/2/2015
Total Assets $954,083,195
Number of Stocks 117
Percent Stock 99.99%
Percent Cash / Other 0.01%

Sectors / Industries

as of 7/2/15

Holdings

as of 7/2/15

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
VALERO ENERGY CORPORATION VLO 366,465 $23,717,614.80 2.49% Energy
ASSURANT, INC. AIZ 286,878 $19,682,699.58 2.06% Financials
BERKSHIRE HATHAWAY (CL.B) BRK/B 140,137 $19,253,422.43 2.02% Financials
ANTHEM INC. ANTM 107,812 $17,588,449.68 1.84% Health Care
PHILLIPS 66-W/I PSX 205,269 $16,719,160.05 1.75% Energy
GAMESTOP CORP GME 367,842 $16,023,197.52 1.68% Consumer Discretionary
MARATHON PETROLEUM CORP MPC 292,291 $15,786,636.91 1.65% Energy
UNUM GROUP UNM 433,558 $15,616,759.16 1.64% Financials
GENERAL MOTORS C GM 469,214 $15,591,981.22 1.63% Consumer Discretionary
STAPLES INC SPLS 1,000,335 $15,555,209.25 1.63% Consumer Discretionary
TESORO CORPORATION TSO 167,853 $15,309,872.13 1.60% Energy
LEUCADIA NAT'L CORP. LUK 590,089 $14,474,883.17 1.52% Financials
METLIFE INC MET 257,295 $14,449,687.20 1.51% Financials
HUMANA, INC. HUM 74,566 $13,981,125.00 1.47% Health Care
AMER INT'L GROUP, INC. AIG 222,060 $13,785,484.80 1.44% Financials
TYSON FOODS, INC. TSN 320,983 $13,779,800.19 1.44% Consumer Staples
PRUDENTIAL FINANCIAL, INC PRU 153,524 $13,536,211.08 1.42% Financials
NOBLE CORP NE 882,270 $13,295,808.90 1.39% Energy
JACOBS ENGINEERING GROUP JEC 322,669 $13,042,280.98 1.37% Industrials
NEWFIELD EXPLORATION COMP NFX 372,203 $13,041,993.12 1.37% Energy
GENWORTH FINANCIAL, INC. GNW 1,643,117 $12,717,725.58 1.33% Financials
ARCHER DANIELS MIDLAND ADM 261,058 $12,700,471.70 1.33% Consumer Staples
HARTFORD FINL SVCS GRP HIG 288,056 $12,683,105.68 1.33% Financials
LINCOLN NATIONAL CORP LNC 208,259 $12,316,437.26 1.29% Financials
FORD MOTOR COMPANY F 822,512 $12,230,753.44 1.28% Consumer Discretionary
HESS CORPORATION HES 185,193 $12,169,032.03 1.28% Energy
GOODYEAR TIRE & RUBBER CO GT 372,448 $11,281,449.92 1.18% Consumer Discretionary
MARATHON OIL CORPORATION MRO 399,926 $10,290,095.98 1.08% Energy
NEWS CORPORATION NWSA 704,687 $10,288,430.20 1.08% Consumer Discretionary
BEST BUY CO., INC. BBY 305,230 $10,225,205.00 1.07% Consumer Discretionary
LOEWS CORP L 262,554 $10,158,214.26 1.06% Financials
FLUOR CORPORATION FLR 184,458 $9,759,672.78 1.02% Industrials
XL GROUP PLC XL 255,528 $9,646,182.00 1.01% Financials
DEVON ENERGY CORP DVN 164,514 $9,520,425.18 1.00% Energy
SUNTRUST BANKS, INC. STI 210,049 $9,145,533.46 0.96% Financials
ZIONS BANCORPORATION ZION 285,394 $8,988,484.03 0.94% Financials
CITIGROUP, INC. C 160,020 $8,860,307.40 0.93% Financials
FIRST SOLAR, INC. FSLR 195,207 $8,817,500.19 0.92% Information Technology
DIAMOND OFFSHORE DRILLING DO 344,586 $8,769,713.70 0.92% Energy
KOHL'S CORP KSS 138,313 $8,731,699.69 0.92% Consumer Discretionary
MORGAN STANLEY MS 221,210 $8,627,190.00 0.90% Financials
CARDINAL HEALTH, INC. CAH 101,243 $8,555,033.50 0.90% Health Care
MURPHY OIL CORPORATION MUR 204,615 $8,475,153.30 0.89% Energy
JP MORGAN CHASE & CO. JPM 125,480 $8,472,409.60 0.89% Financials
CHESAPEAKE ENERGY CO CHK 765,461 $8,244,014.97 0.86% Energy
CAPITAL ONE FINANCIAL COF 92,327 $8,154,320.64 0.85% Financials
ENSCO INTERNATIONAL INC ESV 378,034 $8,120,170.32 0.85% Energy
CHEVRON CORPORATION CVX 83,499 $8,005,049.13 0.84% Energy
PEOPLE'S UNITED FINANCIAL PBCT 487,812 $7,931,823.12 0.83% Financials
BAKER HUGHES, INC. BHI 126,208 $7,616,652.80 0.80% Energy
XEROX CORP XRX 712,087 $7,519,638.72 0.79% Information Technology
BANK OF AMERICA CORP BAC 440,860 $7,507,845.80 0.79% Financials
GOLDMAN SACHS GROUP INC GS 34,384 $7,193,132.80 0.75% Financials
NRG ENERGY INC NRG 317,720 $7,180,472.00 0.75% Utilities
AFLAC INC AFL 113,157 $7,011,207.72 0.73% Financials
AES CORPORATION AES 527,110 $7,010,563.00 0.73% Utilities
APACHE CORP APA 123,348 $7,003,699.44 0.73% Energy
PNC FINANCIAL SERVICES PNC 71,986 $6,944,489.42 0.73% Financials
KEYCORP KEY 458,085 $6,907,921.80 0.72% Financials
FIRSTENERGY CORPORATION FE 205,497 $6,824,555.37 0.72% Utilities
NEWMONT MINING CORP. NEM 286,364 $6,778,235.88 0.71% Materials
TRAVELERS COS INC TRV 67,391 $6,687,208.93 0.70% Financials
COMPUTER SCIENCES CORP CSC 100,534 $6,645,297.40 0.70% Information Technology
EXELON CORPORATION EXC 205,458 $6,584,928.90 0.69% Utilities
COMERICA, INC. CMA 122,529 $6,310,243.50 0.66% Financials
FIFTH THIRD BANCORP FITB 297,934 $6,235,758.62 0.65% Financials
CHUBB CORPORATION CB 51,107 $6,207,967.29 0.65% Financials
FREEPORT-MCMORAN COPPER-B FCX 324,974 $5,979,521.60 0.63% Materials
NATIONAL-OILWELL VARCO NOV 124,431 $5,900,518.02 0.62% Energy
L-3 COMMUNICATIONS HOLDIN LLL 50,606 $5,857,138.44 0.61% Industrials
NASDAQ OMX GROUP INC/THE NDAQ 119,166 $5,854,625.58 0.61% Financials
CONOCOPHILLIPS COP 96,505 $5,840,482.60 0.61% Energy
PROGRESSIVE CORP/THE PGR 206,483 $5,831,079.92 0.61% Financials
ACE LIMITED ACE 55,266 $5,733,294.84 0.60% Financials
SYSCO CORP SYY 157,872 $5,670,762.24 0.59% Consumer Staples
CINCINNATI FIN. CORP CINF 107,208 $5,617,699.20 0.59% Financials
TARGET CORPORATION TGT 68,176 $5,608,839.52 0.59% Consumer Discretionary
OWENS-ILLINOIS, INC. OI 242,783 $5,562,158.53 0.58% Materials
BB&T CORPORATION BBT 136,180 $5,498,948.40 0.58% Financials
HEWLETT-PACKARD CO HPQ 172,823 $5,303,937.87 0.56% Information Technology
CONSOLIDATED EDISON INC ED 88,929 $5,259,261.06 0.55% Utilities
ENTERGY CORPORATION ETR 72,792 $5,232,288.96 0.55% Utilities
TORCHMARK CORPORATION TMK 87,741 $5,160,925.62 0.54% Financials
WAL-MART STORES, INC WMT 70,991 $5,101,413.26 0.53% Consumer Staples
TRANSOCEAN LTD. RIG 322,621 $5,029,661.39 0.53% Energy
BANK OF NY MELLON BK 120,112 $5,019,480.48 0.53% Financials
HELMERICH & PAYNE INC HP 73,709 $4,994,521.84 0.52% Energy
EXXON MOBIL CORPORATION XOM 59,887 $4,979,005.18 0.52% Energy
RYDER SYSTEM, INC. R 56,192 $4,965,125.12 0.52% Industrials
PRINCIPAL FINANCIAL GROUP PFG 95,652 $4,924,164.96 0.52% Financials
PG&E CORPORATION PCG 97,220 $4,840,583.80 0.51% Utilities
OCCIDENTAL PETROLEUM CORP OXY 61,356 $4,646,489.88 0.49% Energy
COSTCO WHOLESALE CORP. COST 33,565 $4,577,930.35 0.48% Consumer Staples
HALLIBURTON COMPANY HAL 109,229 $4,577,787.39 0.48% Energy
HUDSON CITY BANCORP, INC. HCBK 457,048 $4,570,480.00 0.48% Financials
DEERE & CO DE 46,353 $4,466,111.55 0.47% Industrials
HUNTINGTON BANCSHARES INC HBAN 389,825 $4,424,513.75 0.46% Financials
AT&T, INC. T 123,727 $4,420,765.71 0.46% Telecommunication Services
AVERY DENNISON AVY 71,010 $4,414,691.70 0.46% Materials
LYONDELLBASELL-A LYB 42,184 $4,288,003.60 0.45% Materials
CARNIVAL CORPORATION CCL 84,685 $4,222,394.10 0.44% Consumer Discretionary
WHIRLPOOL CORPORATION WHR 23,748 $4,030,748.04 0.42% Consumer Discretionary
DOW CHEMICAL COMPANY DOW 75,705 $3,889,722.90 0.41% Materials
JOHNSON CONTROL JCI 78,299 $3,871,102.56 0.41% Consumer Discretionary
JUNIPER NETWORKS, INC. JNPR 144,992 $3,785,741.12 0.40% Information Technology
DTE ENERGY COMPANY DTE 49,665 $3,785,466.30 0.40% Utilities
CENTURYLINK CTL 127,492 $3,775,038.12 0.40% Telecommunication Services
NUCOR CORPORATION NUE 85,084 $3,764,967.00 0.39% Materials
SCANA CORPORATION SCG 72,181 $3,751,246.57 0.39% Utilities
PEPCO HOLDINGS INC. POM 136,863 $3,700,775.52 0.39% Utilities
XCEL ENERGY, INC. XEL 111,831 $3,670,293.42 0.38% Utilities
DUKE ENERGY CORPORATION DUK 49,024 $3,555,710.72 0.37% Utilities
AMERICAN ELECTRIC POWER AEP 65,317 $3,542,140.91 0.37% Utilities
AMEREN CORP AEE 88,793 $3,418,530.50 0.36% Utilities
PINNACLE WEST CAP CORP PNW 54,917 $3,202,759.44 0.34% Utilities
TECO ENERGY, INC. TE 165,680 $2,998,808.00 0.31% Utilities
JOY GLOBAL, INC. JOY 74,721 $2,590,577.07 0.27% Industrials

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.

Guggenheim

Subscribe to Perspectives

 

©2015 Guggenheim Investments. All Rights Reserved.

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