XLG

Guggenheim S&P 500® Top 50 ETF
NAV $153.02
Change $0.30 | 0.20%
As Of 7/28/16

Investment Objectives

Seeks to replicate as closely as possible the performance of the S&P Top 50 Index, before fees and expenses, on a daily basis.


Net Asset Value

Net Asset Value $153.02
Change $0.30 | 0.20%


Summary


Ticker XLG
CUSIP 78355W205
Asset Class Broad Market
Inception Date 5/4/05
Gross Expense Ratio 0.20%
IOPV Ticker XLG.IV
Related Index Ticker SP5T5T
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

Volume 3,982
Last Sale Price $153.09
52-Week Range $153.49 / $128.86
Shares Outstanding 3,950,785
Total Net Assets $604,546,559.04

Overall Morningstar RatingTM *

as of 6/30/16

Among Large Blend Funds

This Fund was rated, based on its risk-adjusted returns, 4 stars for 3 years, 5 stars for 5 years, 4 stars for 10 years, and 4 stars Overall out of 48, 39, 17, and 48 Large Blend funds, respectively.

Market Close

Market Price $153.09
Premium / Discount $0.07
Change $0.37 | 0.24%
High / Low $153.09 / $152.41


Historical Market Closes to NAV

  Days % of Total Days
Premium 1267 44.80%
Discount 1377 48.69%
Equal to NAV 184 6.51%
Total 2,828 100%


Characteristics

Number of Stocks 51
Return on Equity (quarterly 6/30/16) 28.50%
Price to Earning (P/E) 20.53
Price to Book (P/B) 2.73
Dividend Amount $0.77
Ex-Dividend Date N/A

Risk

As of 6/30/16
Standard Deviation Sharpe Ratio Beta R-Squared
N/A 0.97 1.01 99.81

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.
Return on Equity Measures a company’s profitability by demonstrating how much profit a company generates with money invested by shareholders. It is calculated by dividing a company’s 12 month net income by shareholder equity and is expressed as a percentage.
Price to Earns (P/E) The weighted average of each individual stock’s P/E ratio. The P/E ratio of a stock is calculated by dividing the current price of the stock by its trailing 12 month’s earnings per share.
Price to Book (P/B) The market price of a stock divided by the book value per share.

Overview

as of 7/28/2016
Total Assets $604,546,559
Number of Stocks 51
Percent Stock 99.75%
Percent Cash / Other 0.25%

Sectors / Industries

as of 7/28/16

Holdings

as of 7/28/16

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
APPLE INC. AAPL 361,847 $37,755,115.98 6.25% Information Technology
MICROSOFT CORPORATION MSFT 519,274 $29,188,391.54 4.83% Information Technology
EXXON MOBIL CORPORATION XOM 273,931 $24,708,576.20 4.09% Energy
JOHNSON & JOHNSON JNJ 181,712 $22,615,875.52 3.74% Health Care
AMAZON.COM, INC. AMZN 25,559 $19,235,958.99 3.18% Consumer Discretionary
FACEBOOK INC-A FB 152,725 $19,090,625.00 3.16% Information Technology
GENERAL ELECTRIC CO GE 607,478 $18,983,687.50 3.14% Industrials
BERKSHIRE HATHAWAY (CL.B) BRK/B 123,787 $17,877,318.54 2.96% Financials
AT&T, INC. T 406,674 $17,316,178.92 2.86% Telecommunication Services
JP MORGAN CHASE & CO. JPM 241,564 $15,484,252.40 2.56% Financials
PROCTER & GAMBLE COMPANY PG 175,846 $14,913,499.26 2.47% Consumer Staples
ALPHABET INC A SHARES GOOGL 19,400 $14,857,296.00 2.46% Information Technology
VERIZON COMMUNICATIONS VZ 269,286 $14,773,029.96 2.44% Telecommunication Services
PFIZER INC PFE 400,652 $14,691,908.84 2.43% Health Care
WELLS FARGO & COMPANY WFC 305,211 $14,689,805.43 2.43% Financials
ALPHABET INC C SHARES GOOG 19,512 $14,554,195.92 2.41% Information Technology
CHEVRON CORPORATION CVX 124,506 $12,673,465.74 2.10% Energy
HOME DEPOT INC HD 82,181 $11,337,690.76 1.88% Consumer Discretionary
COCA COLA COMPANY KO 257,216 $11,227,478.40 1.86% Consumer Staples
INTEL CORPORATION INTC 311,941 $10,846,188.57 1.79% Information Technology
COMCAST CORPORATION CMCSA 159,720 $10,838,599.20 1.79% Consumer Discretionary
MERCK & COMPANY, INC. MRK 182,859 $10,684,451.37 1.77% Health Care
PEPSICO, INC. PEP 95,421 $10,317,872.73 1.71% Consumer Staples
PHILIP MORRIS INT'L INC. PM 102,478 $10,155,569.80 1.68% Consumer Staples
CISCO SYSTEMS, INC. CSCO 332,270 $10,140,880.40 1.68% Information Technology
VISA INC. V 125,834 $9,964,794.46 1.65% Information Technology
BANK OF AMERICA CORP BAC 678,579 $9,961,539.72 1.65% Financials
WALT DISNEY COMPANY DIS 98,606 $9,457,301.46 1.56% Consumer Discretionary
INTL. BUS. MACHINES CORP. IBM 58,343 $9,414,809.91 1.56% Information Technology
UNITEDHEALTH GROUP INC. UNH 62,812 $8,967,041.12 1.48% Health Care
ALTRIA GROUP, INC. MO 129,244 $8,673,564.84 1.43% Consumer Staples
CITIGROUP, INC. C 193,886 $8,546,494.88 1.41% Financials
AMGEN INC. AMGN 49,627 $8,500,112.56 1.41% Health Care
ORACLE CORPORATION ORCL 205,609 $8,469,034.71 1.40% Information Technology
BRISTOL MYERS SQUIBB CO BMY 110,277 $8,233,280.82 1.36% Health Care
MEDTRONIC PLC MDT 92,893 $8,120,706.06 1.34% Health Care
WAL-MART STORES, INC WMT 100,885 $7,388,817.40 1.22% Consumer Staples
SCHLUMBERGER, LTD. SLB 91,794 $7,256,315.70 1.20% Energy
GILEAD SCIENCES, INC. GILD 87,982 $7,147,657.68 1.18% Health Care
3M COMPANY MMM 40,068 $7,131,302.64 1.18% Industrials
MCDONALD'S CORPORATION MCD 57,993 $6,925,524.06 1.15% Consumer Discretionary
ABBVIE INC ABBV 106,845 $6,915,008.40 1.14% Health Care
ALLERGAN PLC AGN 26,131 $6,678,038.36 1.10% Health Care
CVS HEALTH CORP. CVS 70,952 $6,626,207.28 1.10% Consumer Staples
MASTERCARD, INC. MA 64,133 $6,157,409.33 1.02% Information Technology
QUALCOMM INC. QCOM 97,038 $6,058,082.34 1.00% Information Technology
HONEYWELL INTERNATIONAL HON 50,347 $5,828,168.72 0.96% Industrials
CELGENE CORPORATION CELG 51,171 $5,693,285.46 0.94% Health Care
UNITED TECHNOLOGIES CORP UTX 51,415 $5,531,225.70 0.91% Industrials
BOEING COMPANY BA 39,557 $5,261,476.57 0.87% Industrials
UNION PACIFIC CORPORATION UNP 55,560 $5,171,524.80 0.86% Industrials
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 848,614 $848,613.95 0.14% NA

Disclosure

Prior to January 27, 2016, the fund was named the Guggenheim Russell Top 50® Mega Cap ETF and sought to correspond as closely as possible, before fees and expenses, to the price and yield performance of the Russell Top 50® Mega Cap Index.

*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.

© 2016 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. 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.

The Guggenheim S&P 500® Top 50 ETF may not be suitable for all investors. • The Fund is 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 Fund to purchase and sell particular investments within a reasonable time at a fair price. • Investments in securities and derivatives, in general, are subject to market risks that may cause their prices to fluctuate over time. An investment in the Fund may lose money. • Unlike many investment companies, the Fund is not actively “managed.” This means that, based on market and economic conditions, the Fund’s performance could be lower than other types of mutual 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 Fund’s performance to match or correlate to that of the Fund’s Underlying Index, either on a daily or aggregate basis. Tracking error risk may cause the Fund’s 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 Fund’s holdings. In addition, although the Fund’s 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. • The Fund is subject to the risk that large-capitalization stocks may underperform other segments of the equity market or the equity market as a whole. 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® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, a subsidiary of McGraw Hill Financial, Inc., and have been licensed for use by Guggenheim Investments and its affiliates. Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. S&P Dow Jones Indices LLC (together with its affiliates, “S&P”) does not make investment recommendations, and S&P does not sponsor, endorse, sell or promote the product. S&P makes no representation or warranty regarding the advisability of investing in the product. Past performance of an index is not a guarantee of future results.
 

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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