RFV

Guggenheim S&P MidCap 400® Pure Value ETF
NAV $63.53
Change -$0.20 | -0.31%
As Of 2/24/17

Investment Objective

Seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P MidCap 400® Pure Value Index.


Net Asset Value

as of 2/24/17
NAV  $63.53
Change $-0.20 | -0.31%


Summary


Ticker RFV
CUSIP 78355W502
Asset Class Style
Inception Date 3/1/06
Gross Expense Ratio 0.35%
Net Expense Ratio 0.35%
IOPV Ticker RFV.IV
Related Index Ticker SPMPV
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

as of N/A
Volume N/A
Last Sale Price N/A
52-Week Range N/A / N/A
Shares Outstanding 3,450,499
Total Net Assets $219,194,907.02

Market Close

as of 2/23/17
Close  $63.76
Change $-0.22 | -0.34%
High | Low $64.28 | $63.59
Bid/Ask Midpoint  $63.79
Premium / Discount  0.09%


Historical Bid/Ask Midpoint to NAV

as of 2/23/17
  Days % of Total Days
Premium 1061 38.37%
Discount 1314 47.52%
Equal to NAV 390 14.10%
Total 2765 100.00%


Characteristics

as of N/A
Number of Stocks 96
Return on Equity (quarterly N/A) N/A
Price to Earning (P/E) N/A
Price to Book (P/B) N/A
Dividend Amount $0.06
Ex-Dividend Date N/A


Risk

as of N/A
Standard Deviation Sharpe Ratio Beta R-Squared
N/A N/A N/A N/A

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.

NAV is the price per share at which each Fund issues and redeems shares. The net asset value per share for each Fund is determined once daily as of the close of the listing exchange, usually 4:00 p.m. Eastern time, each day the listing exchange is open for trading. NAV per share is determined by dividing the value of the Fund’s portfolio securities, cash and other assets (including accrued interest), less all liabilities (including accrued expenses), by the total number of shares outstanding.

The closing price is the price of the last reported trade on any exchange on which the Fund trades before the market closes, usually at 4 pm Eastern time.

The bid/ask midpoint is the midpoint of the highest bid and lowest offer on the listing exchange at the time that the NAV is calculated, usually 4 pm Eastern time.

The premium/discount is the amount the Fund is trading higher (“premium”) or lower (“discount”) to its NAV, expressed as a percentage of its bid/ask midpoint to its NAV. A positive number indicates it’s trading at premium and a negative number indicates it’s trading at a discount.

Overview

as of 2/24/2017
Total Assets $219,194,907
Number of Stocks 96
Percent Stock 99.88%
Percent Cash / Other 0.12%

Sectors / Industries

as of 2/24/17

Holdings

as of 2/24/17

Security Name Ticker Shares
Held
Market
Value
% of Net Assets Sector / Industry
LIFEPOINT HOSPITALS INC LPNT 84,829 $5,437,538.90 2.48% Health Care
KB HOME KBH 314,298 $5,418,497.52 2.47% Consumer Discretionary
NOBLE CORP NE 650,792 $4,536,020.24 2.07% Energy
GAMESTOP CORP GME 168,797 $4,435,985.16 2.02% Consumer Discretionary
JABIL CIRCUIT, INC. JBL 166,145 $4,357,983.35 1.99% Information Technology
DOMTAR CORP. UFS 111,989 $4,337,333.97 1.98% Materials
AVNET INC. AVT 90,955 $4,221,221.55 1.93% Information Technology
ARROW ELEC ARW 56,601 $4,159,607.49 1.90% Information Technology
CNO FINANCIAL GROUP INC CNO 187,393 $3,905,270.12 1.78% Financials
TECH DATA CORP TECD 43,999 $3,869,712.05 1.77% Information Technology
TELEPHONE DATA SYS TDS 129,404 $3,864,003.44 1.76% Telecommunication Services
CALATLANTIC GROUP INC CAA 108,999 $3,774,635.37 1.72% Consumer Discretionary
REINSURANCE GROUP OF AMER RGA 27,941 $3,615,565.40 1.65% Financials
OLD REPUBLIC INTL CORP ORI 169,334 $3,535,693.92 1.61% Financials
OFFICE DEPOT INC. ODP 787,147 $3,408,346.51 1.55% Consumer Discretionary
TIME INC TIME 183,061 $3,350,016.30 1.53% Consumer Discretionary
UNITED NATURAL FOODS INC UNFI 73,087 $3,234,099.75 1.48% Consumer Staples
GENWORTH FINANCIAL, INC. GNW 790,604 $3,201,946.20 1.46% Financials
MANPOWERGROUP MAN 32,535 $3,167,607.60 1.45% Industrials
OWENS & MINOR OMI 87,223 $3,163,578.21 1.44% Health Care
TRI POINTE GROUP INC TPH 252,872 $3,087,567.12 1.41% Consumer Discretionary
ASPEN INSURANCE HOLDINGS AHL 53,776 $3,024,900.00 1.38% Financials
MOLINA HEALTHCARE INC MOH 59,940 $2,926,870.20 1.34% Health Care
ROWAN COMPANIES INC RDC 161,394 $2,908,319.88 1.33% Energy
AECOM TECHNOLOGY CORP ACM 80,579 $2,882,310.83 1.31% Industrials
WORLD FUEL SERVICES INT 78,645 $2,868,969.60 1.31% Energy
HANOVER INSURANCE GROUP THG 29,858 $2,722,751.02 1.24% Financials
TRINITY INDUSTRIES TRN 98,555 $2,695,479.25 1.23% Industrials
HOLLYFRONTIER CORP HFC 91,721 $2,654,405.74 1.21% Energy
SYNNEX CORPORATION SNX 22,055 $2,626,529.95 1.20% Information Technology
FIRST AMERICAN FINANCIAL FAF 65,616 $2,602,986.72 1.19% Financials
KLX INC KLXI 52,199 $2,598,988.21 1.19% Industrials
CST BRANDS CST 53,615 $2,592,285.25 1.18% Consumer Discretionary
QUALITY CARE PROPERTIES QCP 135,607 $2,562,972.30 1.17% Real Estate
TOLL BROTHERS, INC. TOL 75,746 $2,555,670.04 1.17% Consumer Discretionary
TREEHOUSE FOODS, INC. THS 29,866 $2,537,116.70 1.16% Consumer Staples
GRAHAM HOLDINGS CO GHC 4,746 $2,534,838.60 1.16% Consumer Discretionary
KEMPER CORP KMPR 56,961 $2,474,955.45 1.13% Financials
MURPHY USA INC MUSA 36,620 $2,446,216.00 1.12% Consumer Discretionary
LEGG MASON, INC. LM 64,366 $2,391,196.90 1.09% Financials
JONES LANG LASALLE, INC. JLL 20,985 $2,390,821.05 1.09% Real Estate
EVEREST RE GROUP RE 10,159 $2,387,669.77 1.09% Financials
TEREX CORP. TEX 77,396 $2,348,968.60 1.07% Industrials
WESTERN REFINING INC WNR 62,012 $2,345,293.84 1.07% Energy
DEAN FOODS COMPANY DF 125,685 $2,318,888.25 1.06% Consumer Staples
RELIANCE STEEL & ALUMINUM RS 27,318 $2,296,897.44 1.05% Materials
AGCO CORPORATION AGCO 36,801 $2,271,725.73 1.04% Industrials
ALLEGHANY CORPORATION Y 3,464 $2,249,833.36 1.03% Financials
AARON'S INC AAN 79,700 $2,166,246.00 0.99% Consumer Discretionary
MEDICAL PROPERTIES TRUST MPW 157,611 $2,105,682.96 0.96% Real Estate
COOPER TIRE & RUBBER CO CTB 50,429 $2,095,324.95 0.96% Consumer Discretionary
DANA INC DAN 107,525 $2,044,050.25 0.93% Consumer Discretionary
GREAT PLAINS ENERGY, INC. GXP 70,503 $2,034,011.55 0.93% Utilities
BIG LOTS, INC. BIG 36,727 $1,920,822.10 0.88% Consumer Discretionary
DEVRY EDUCATION GROUP INC DV 58,649 $1,909,024.95 0.87% Consumer Discretionary
OWENS-ILLINOIS, INC. OI 94,570 $1,889,508.60 0.86% Materials
BERKLEY (WR) CORP WRB 26,055 $1,863,453.60 0.85% Financials
NEUSTAR INC-CLASS A NSR 55,312 $1,839,124.00 0.84% Information Technology
COMMERCIAL METALS COMPANY CMC 88,216 $1,803,135.04 0.82% Materials
AMERICAN FINANCIAL GROUP AFG 18,723 $1,764,268.29 0.80% Financials
UMPQUA HOLDINGS CORP UMPQ 89,381 $1,705,389.48 0.78% Financials
TENET HEALTHCARE CORP THC 74,656 $1,641,685.44 0.75% Health Care
KBR INC KBR 104,676 $1,632,945.60 0.74% Industrials
COUSINS PROPERTIES INC CUZ 191,533 $1,626,115.17 0.74% Real Estate
FOSSIL GROUP INC FOSL 80,958 $1,553,584.02 0.71% Consumer Discretionary
FTI CONSULTING INC FCN 38,446 $1,533,610.94 0.70% Industrials
CREE, INC. CREE 54,550 $1,495,215.50 0.68% Information Technology
VISHAY INTERTECH INC VSH 91,747 $1,486,301.40 0.68% Information Technology
DIEBOLD NIXDORF INC DBD 47,487 $1,474,471.35 0.67% Information Technology
LEIDOS HOLDINGS LDOS 27,059 $1,463,350.72 0.67% Information Technology
REGAL-BELOIT CORP. RBC 18,432 $1,387,008.00 0.63% Industrials
JETBLUE AIRWAYS CORP JBLU 68,873 $1,347,844.61 0.61% Industrials
STIFEL FINANCIAL CORP. SF 24,695 $1,332,295.25 0.61% Financials
CARPENTER TECHNOLOGY CRS 32,690 $1,321,983.60 0.60% Materials
ASSOCIATED BANC CORP ASB 48,730 $1,264,543.50 0.58% Financials
LASALLE HOTEL PROPERTIES LHO 43,264 $1,262,876.16 0.58% Real Estate
ENDURANCE SPECIALTY HOLD ENH 13,432 $1,247,832.80 0.57% Financials
CORECIVIC INC CXW 35,485 $1,243,039.55 0.57% Real Estate
HAWAIIAN ELECTRIC INDUSTR HE 37,036 $1,227,373.04 0.56% Utilities
HALYARD HEALTH HYH 29,473 $1,221,361.12 0.56% Health Care
INTL SPEEDWAY CORP-CL A ISCA 30,999 $1,171,762.20 0.53% Consumer Discretionary
OCEANEERING INTL OII 38,558 $1,101,602.06 0.50% Energy
MERCURY GENERAL MCY 18,812 $1,100,125.76 0.50% Financials
OLIN CORP OLN 35,430 $1,091,244.00 0.50% Materials
TCF FINANCIAL CORP TCB 59,957 $1,049,847.07 0.48% Financials
GREIF BROS CORP GEF 18,022 $1,038,427.64 0.47% Materials
FLOWERS FOODS, INC. FLO 52,763 $1,013,049.60 0.46% Consumer Staples
WERNER ENTERPRISES INC WERN 36,396 $1,011,808.80 0.46% Industrials
KIRBY KEX 14,102 $985,024.70 0.45% Industrials
HSN, INC. HSNI 24,132 $962,866.80 0.44% Consumer Discretionary
ESTERLINE TECHNOLOGIES CO ESL 10,762 $957,279.90 0.44% Industrials
AMERICAN EAGLE OUTFITTERS AEO 60,669 $925,202.25 0.42% Consumer Discretionary
J C PENNEY JCP 140,407 $907,029.22 0.41% Consumer Discretionary
WADDELL & REED FINANCIAL WDR 45,890 $876,040.10 0.40% Financials
JANUS CAPITAL GROUP INC JNS 63,147 $789,337.50 0.36% Financials
AVON PRODUCTS, INC. AVP 163,355 $741,631.70 0.34% Consumer Staples
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 139,855 $139,855.01 0.06% NA

Disclosure

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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