RPV

Guggenheim S&P 500® Pure Value ETF
NAV $55.31
Change -$0.03 | -0.05%
As Of 2/27/15

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 $55.31
Change -$0.03 | -0.05%


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 132,950
Last Sale Price $55.34
52-Week Range $56.10 / $49.51
Shares Outstanding 19,352,836
Total Net Assets $1,070,310,889.12

Overall Morningstar RatingTM *

as of 12/31/14

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

Market Close

Market Price $55.34
Premium / Discount $0.03
Change -$0.01 | -0.02%
High / Low $55.51 / $55.30


Historical Market Closes to NAV

  Days % of Total Days
Premium 1170 51.68%
Discount 857 37.85%
Equal to NAV 237 10.47%
Total 2,264 100%


Characteristics

Number of Stocks 122
Return on Equity (quarterly 12/31/14) 9.60%
Price to Earning (P/E) 13.40
Price to Book (P/B) 1.20
Dividend Amount $0.20
Ex-Dividend Date N/A

Risk

As of 2/27/15
Standard Deviation Sharpe Ratio Beta R-Squared
13.47 N/A 1.01 99.89

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 2/27/2015
Total Assets $1,070,310,889
Number of Stocks 122
Percent Stock 99.57%
Percent Cash / Other 0.43%

Sectors / Industries

as of 2/27/15

Holdings

as of 2/27/15

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
VALERO ENERGY CORPORATION VLO 380,747 $23,488,282.43 2.19% Energy
BERKSHIRE HATHAWAY (CL.B) BRK/B 145,597 $21,462,453.77 2.01% Financials
NABORS INDUSTRIES, LTD. NBR 1,664,077 $21,316,826.37 1.99% Energy
ASSURANT, INC. AIZ 298,048 $18,261,400.96 1.71% Financials
GENERAL MOTORS C GM 487,494 $18,188,401.14 1.70% Consumer Discretionary
STAPLES INC SPLS 1,039,287 $17,423,646.56 1.63% Consumer Discretionary
PHILLIPS 66-W/I PSX 213,261 $16,732,458.06 1.56% Energy
DENBURY RESOURCES INC DNR 1,977,456 $16,610,630.40 1.55% Energy
ANTHEM INC ANTM 112,019 $16,405,182.55 1.53% Health Care
TESORO CORPORATION TSO 174,403 $16,017,171.52 1.50% Energy
MARATHON PETROLEUM CORP MPC 151,843 $15,943,515.00 1.49% Energy
NOBLE CORP NE 916,624 $15,252,623.36 1.43% Energy
UNUM GROUP UNM 450,436 $15,116,632.16 1.41% Financials
JACOBS ENGINEERING GROUP JEC 335,234 $14,864,275.56 1.39% Industrials
LEUCADIA NAT'L CORP. LUK 613,060 $14,547,913.80 1.36% Financials
HESS CORPORATION HES 192,405 $14,445,767.40 1.35% Energy
GAMESTOP CORP GME 382,172 $14,128,898.84 1.32% Consumer Discretionary
FORD MOTOR COMPANY F 854,555 $13,963,428.70 1.30% Consumer Discretionary
TYSON FOODS, INC. TSN 333,494 $13,776,637.14 1.29% Consumer Staples
METLIFE INC MET 267,308 $13,587,265.64 1.27% Financials
CHESAPEAKE ENERGY CO CHK 795,279 $13,265,253.72 1.24% Energy
GENWORTH FINANCIAL, INC. GNW 1,707,103 $13,230,048.25 1.24% Financials
ARCHER DANIELS MIDLAND ADM 271,215 $12,985,774.20 1.21% Consumer Staples
PRUDENTIAL FINANCIAL, INC PRU 159,504 $12,895,898.40 1.20% Financials
NEWFIELD EXPLORATION COMP NFX 386,695 $12,772,535.85 1.19% Energy
AMER INT'L GROUP, INC. AIG 230,706 $12,764,962.98 1.19% Financials
HUMANA, INC. HUM 77,473 $12,735,011.74 1.19% Health Care
NEWS CORPORATION NWSA 732,136 $12,647,649.40 1.18% Consumer Discretionary
LINCOLN NATIONAL CORP LNC 216,368 $12,471,451.52 1.17% Financials
HARTFORD FINL SVCS GRP HIG 299,276 $12,258,344.96 1.15% Financials
FIRST SOLAR, INC. FSLR 202,806 $12,116,644.47 1.13% Information Technology
BEST BUY CO., INC. BBY 317,121 $12,082,310.10 1.13% Consumer Discretionary
MARATHON OIL CORPORATION MRO 415,509 $11,576,080.74 1.08% Energy
LOEWS CORP L 272,770 $11,186,297.70 1.05% Financials
FLUOR CORPORATION FLR 191,643 $11,115,294.00 1.04% Industrials
DIAMOND OFFSHORE DRILLING DO 358,000 $10,893,940.00 1.02% Energy
MURPHY OIL CORPORATION MUR 212,588 $10,818,603.32 1.01% Energy
KOHL'S CORP KSS 143,705 $10,605,429.00 0.99% Consumer Discretionary
DEVON ENERGY CORP DVN 170,935 $10,527,886.65 0.98% Energy
GOODYEAR TIRE & RUBBER CO GT 386,942 $10,342,959.66 0.97% Consumer Discretionary
XEROX CORP XRX 739,821 $10,098,556.65 0.94% Information Technology
ENSCO INTERNATIONAL INC ESV 392,749 $9,610,568.03 0.90% Energy
XL GROUP PLC XL 265,473 $9,610,122.60 0.90% Financials
CHEVRON CORPORATION CVX 86,753 $9,254,810.04 0.86% Energy
CARDINAL HEALTH, INC. CAH 105,178 $9,254,612.22 0.86% Health Care
QEP RESOURCES IN QEP 419,900 $9,019,452.00 0.84% Energy
SUNTRUST BANKS, INC. STI 218,222 $8,947,102.00 0.84% Financials
CITIGROUP, INC. C 166,264 $8,715,558.88 0.81% Financials
APACHE CORP APA 128,153 $8,437,593.52 0.79% Energy
MORGAN STANLEY MS 229,816 $8,225,114.64 0.77% Financials
BAKER HUGHES, INC. BHI 131,116 $8,196,061.16 0.77% Energy
JP MORGAN CHASE & CO. JPM 130,361 $7,988,522.08 0.75% Financials
ZIONS BANCORPORATION ZION 296,506 $7,927,087.91 0.74% Financials
NRG ENERGY INC NRG 330,085 $7,915,438.30 0.74% Utilities
NEWMONT MINING CORP. NEM 297,509 $7,833,411.97 0.73% Materials
PEOPLE'S UNITED FINANCIAL PBCT 506,814 $7,668,095.82 0.72% Financials
CAPITAL ONE FINANCIAL COF 95,916 $7,549,548.36 0.71% Financials
TRAVELERS COS INC TRV 70,012 $7,522,089.28 0.70% Financials
FIRSTENERGY CORPORATION FE 213,513 $7,468,684.74 0.70% Utilities
COMPUTER SCIENCES CORP CSC 104,444 $7,407,168.48 0.69% Information Technology
AFLAC INC AFL 117,555 $7,317,798.75 0.68% Financials
FREEPORT-MCMORAN COPPER-B FCX 337,634 $7,303,023.42 0.68% Materials
BANK OF AMERICA CORP BAC 458,033 $7,241,501.73 0.68% Financials
EXELON CORPORATION EXC 213,469 $7,240,868.48 0.68% Utilities
AES CORPORATION AES 547,628 $7,102,735.16 0.66% Utilities
NATIONAL-OILWELL VARCO NOV 129,275 $7,026,096.25 0.66% Energy
PNC FINANCIAL SERVICES PNC 74,795 $6,878,148.20 0.64% Financials
L-3 COMMUNICATIONS HOLDIN LLL 52,572 $6,804,393.96 0.64% Industrials
GOLDMAN SACHS GROUP INC GS 35,731 $6,781,386.49 0.63% Financials
KEYCORP KEY 475,934 $6,629,760.62 0.62% Financials
OWENS-ILLINOIS, INC. OI 252,227 $6,598,258.32 0.62% Materials
ACE LIMITED ACE 57,426 $6,547,138.26 0.61% Financials
CONOCOPHILLIPS COP 100,263 $6,537,147.60 0.61% Energy
SYSCO CORP SYY 164,012 $6,394,827.88 0.60% Consumer Staples
HEWLETT-PACKARD CO HPQ 179,548 $6,255,452.32 0.58% Information Technology
NASDAQ OMX GROUP INC/THE NDAQ 123,802 $6,209,908.32 0.58% Financials
WAL-MART STORES, INC WMT 73,743 $6,189,249.99 0.58% Consumer Staples
ENTERGY CORPORATION ETR 75,636 $6,013,818.36 0.56% Utilities
FIFTH THIRD BANCORP FITB 309,526 $5,992,423.36 0.56% Financials
CINCINNATI FIN. CORP CINF 111,376 $5,876,197.76 0.55% Financials
CONSOLIDATED EDISON INC ED 92,384 $5,833,125.76 0.54% Utilities
COMERICA, INC. CMA 127,297 $5,827,656.66 0.54% Financials
PROGRESSIVE CORP/THE PGR 214,529 $5,717,197.85 0.53% Financials
EXXON MOBIL CORPORATION XOM 62,212 $5,508,250.48 0.51% Energy
RYDER SYSTEM, INC. R 58,375 $5,486,666.25 0.51% Industrials
TARGET CORPORATION TGT 70,830 $5,441,868.90 0.51% Consumer Discretionary
PG&E CORPORATION PCG 101,004 $5,426,944.92 0.51% Utilities
TRANSOCEAN LTD. RIG 335,181 $5,406,469.53 0.51% Energy
BB&T CORPORATION BBT 141,490 $5,383,694.50 0.50% Financials
CHUBB CORPORATION CB 53,102 $5,334,095.90 0.50% Financials
ALLEGHENY TECHNOLOGIES ATI 158,197 $5,324,911.02 0.50% Materials
WHIRLPOOL CORPORATION WHR 24,666 $5,227,958.70 0.49% Consumer Discretionary
HELMERICH & PAYNE INC HP 76,575 $5,135,119.50 0.48% Energy
COSTCO WHOLESALE CORP. COST 34,874 $5,125,083.04 0.48% Consumer Staples
PRINCIPAL FINANCIAL GROUP PFG 99,369 $5,084,711.73 0.48% Financials
CENTURYLINK CTL 132,461 $5,014,973.46 0.47% Telecommunication Services
OCCIDENTAL PETROLEUM CORP OXY 63,737 $4,963,837.56 0.46% Energy
BANK OF NY MELLON BK 124,798 $4,884,593.72 0.46% Financials
HALLIBURTON COMPANY HAL 113,486 $4,873,088.84 0.46% Energy
TORCHMARK CORPORATION TMK 91,171 $4,854,855.75 0.45% Financials
HUDSON CITY BANCORP, INC. HCBK 474,837 $4,634,409.12 0.43% Financials
AT&T, INC. T 128,547 $4,442,584.32 0.42% Telecommunication Services
HUNTINGTON BANCSHARES INC HBAN 405,011 $4,430,820.34 0.41% Financials
DEERE & CO DE 48,168 $4,364,020.80 0.41% Industrials
SCANA CORPORATION SCG 74,985 $4,270,395.75 0.40% Utilities
DTE ENERGY COMPANY DTE 51,607 $4,233,322.21 0.40% Utilities
NUCOR CORPORATION NUE 88,407 $4,157,781.21 0.39% Materials
JOHNSON CONTROL JCI 81,352 $4,133,495.12 0.39% Consumer Discretionary
XCEL ENERGY, INC. XEL 116,190 $4,099,183.20 0.38% Utilities
DUKE ENERGY CORPORATION DUK 50,921 $3,999,844.55 0.37% Utilities
AVERY DENNISON AVY 73,764 $3,950,062.20 0.37% Materials
AMEREN CORP AEE 92,259 $3,912,704.19 0.37% Utilities
AMERICAN ELECTRIC POWER AEP 67,868 $3,907,839.44 0.37% Utilities
DOW CHEMICAL COMPANY DOW 78,658 $3,873,119.92 0.36% Materials
CARNIVAL CORPORATION CCL 87,990 $3,870,680.10 0.36% Consumer Discretionary
PEPCO HOLDINGS INC. POM 142,201 $3,859,335.14 0.36% Utilities
LYONDELLBASELL-A LYB 43,832 $3,765,607.12 0.35% Materials
PINNACLE WEST CAP CORP PNW 57,066 $3,656,789.28 0.34% Utilities
JUNIPER NETWORKS, INC. JNPR 150,641 $3,601,826.31 0.34% Information Technology
AVON PRODUCTS, INC. AVP 407,844 $3,470,752.44 0.32% Consumer Staples
JOY GLOBAL, INC. JOY 77,619 $3,440,074.08 0.32% Industrials
TECO ENERGY, INC. TE 172,123 $3,378,774.49 0.32% Utilities
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 1,885,459 $1,885,459.31 0.18% 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