Guggenheim S&P SmallCap 600 Pure Growth ETF
NAV $85.23
Change -$0.17 | -0.20%
As Of 10/21/16

Investment Objectives

Seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P SmallCap 600 Pure Growth Index.

Net Asset Value

as of 10/21/16
NAV  $85.23
Change $-0.17 | -0.20%


Ticker RZG
CUSIP 78355W809
Asset Class Style
Inception Date 3/1/06
Gross Expense Ratio 0.35%
Net Expense Ratio 0.35%
Related Index Ticker SPSPG
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


as of 10/21/16
Volume 5,309
Last Sale Price $85.22
52-Week Range $90.48 / $68.22
Shares Outstanding 1,900,004
Total Net Assets $161,941,285.61

Overall Morningstar RatingTM *

as of 6/30/16

Among Small Growth Funds

This Fund was rated, based on its risk-adjusted returns, 4 stars for 3 years, 4 stars for 5 years, 4 stars for 10 years, and 4 stars Overall out of 11, 10, 7, and and 11 Small Growth funds, respectively

Market Close

as of 10/21/16
Close  $85.22
Change $-0.24 | -0.28%
High | Low $85.26 | $84.86
Bid/Ask Midpoint  $85.22
Premium / Discount  -0.01%

Historical Bid/Ask Midpoint to NAV

as of 10/21/16
  Days % of Total Days
Premium 963 35.92%
Discount 1499 55.91%
Equal to NAV 219 8.17%
Total 2681 100.00%


as of 10/21/16
Number of Stocks 144
Return on Equity (quarterly 9/30/16) 20.92%
Price to Earning (P/E) 21.34
Price to Book (P/B) 2.87
Dividend Amount $0.13
Ex-Dividend Date N/A


as of 9/30/16
Standard Deviation Sharpe Ratio Beta R-Squared
14.66 0.55 1.00 99.62


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.
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.


as of 10/21/2016
Total Assets $161,941,286
Number of Stocks 144
Percent Stock 99.92%
Percent Cash / Other 0.08%

Sectors / Industries

as of 10/21/16


as of 10/21/16

Security Name Ticker Shares
% of Net Assets Sector / Industry
SUPERNUS PHARMAC SUPN 133,603 $2,782,950.49 1.72% Health Care
FABRINET FN 63,026 $2,706,336.44 1.67% Information Technology
LGI HOMES INC LGIH 81,073 $2,622,711.55 1.62% Consumer Discretionary
LogMeIn Inc LOGM 26,310 $2,383,159.80 1.47% Information Technology
LIGAND PHARMACEUTICALS IN LGND 24,986 $2,336,440.86 1.44% Health Care
DEPOMED INC DEPO 95,202 $2,262,951.54 1.40% Health Care
EAGLE PHARMACEUT EGRX 32,230 $2,094,305.40 1.29% Health Care
PGT INC PGTI 193,535 $2,041,794.25 1.26% Industrials
FIRST MIDWEST BANCORP INC FMBI 104,072 $2,011,711.76 1.24% Financials
DAVE & BUSTER'S PLAY 47,723 $1,964,278.68 1.21% Consumer Discretionary
ZELTIQ AESTHETIC ZLTQ 52,131 $1,962,210.84 1.21% Health Care
CORESITE REALTY COR 24,808 $1,935,272.08 1.20% Real Estate
NAUTILUS INC NLS 96,365 $1,927,300.00 1.19% Consumer Discretionary
TASER INTERNATIONAL INC TASR 82,157 $1,906,042.40 1.18% Industrials
INSTALLED BUILDI IBP 57,029 $1,901,917.15 1.17% Consumer Discretionary
NUTRISYSTEM INC NTRI 57,506 $1,854,568.50 1.15% Consumer Discretionary
EBIX INC EBIX 33,038 $1,830,305.20 1.13% Information Technology
MERITAGE HOMES CORP MTH 54,378 $1,802,630.70 1.11% Consumer Discretionary
II-VI INC IIVI 68,299 $1,786,018.85 1.10% Information Technology
MASIMO CORP MASI 29,981 $1,767,679.76 1.09% Health Care
LENDINGTREE INC TREE 19,587 $1,748,727.36 1.08% Financials
AMERIS BANCORP ABCB 47,741 $1,711,514.85 1.06% Financials
AMN HEALTHCARE SERVICES I AHS 48,819 $1,628,113.65 1.01% Health Care
UNIVERSAL INSURA UVE 74,655 $1,627,479.00 1.00% Financials
HEADWATERS INC HW 94,432 $1,605,344.00 0.99% Materials
MIMEDX GROUP INC MDXG 188,461 $1,598,149.28 0.99% Health Care
TAKE-TWO INTERACTIVE SOFT TTWO 34,724 $1,562,232.76 0.96% Information Technology
DREW INDUSTRIES INC DW 16,989 $1,554,833.28 0.96% Consumer Discretionary
HOME BANCSHARES, INC. HOMB 74,099 $1,542,741.18 0.95% Financials
UNIVERSAL FOREST PRODUCTS UFPI 16,605 $1,540,944.00 0.95% Industrials
LYDALL INC LDL 33,044 $1,521,676.20 0.94% Industrials
BIOTELEMETRY INC BEAT 81,468 $1,470,497.40 0.91% Health Care
VASCULAR SOLUTIO VASC 30,485 $1,425,783.45 0.88% Health Care
BOFI HOLDING INC BOFI 64,504 $1,415,862.80 0.87% Financials
WALKER & DUNLOP WD 56,547 $1,364,479.11 0.84% Financials
EMPLOYERS HOLDINGS, INC. EIG 44,129 $1,363,586.10 0.84% Financials
ON ASSIGNMENT INC ASGN 36,655 $1,330,209.95 0.82% Industrials
CYNOSURE INC CYNO 26,273 $1,309,446.32 0.81% Health Care
JOHN BEAN TECHNOLOGIES CO JBT 17,347 $1,307,096.45 0.81% Industrials
US CONCRETE INC USCR 26,388 $1,299,345.12 0.80% Materials
ALMOST FAMILY INC AFAM 31,101 $1,287,581.40 0.80% Health Care
STAMPS.COM INC STMP 13,817 $1,273,789.23 0.79% Information Technology
LITHIA MOTORS INC LAD 14,358 $1,270,683.00 0.78% Consumer Discretionary
CANTEL MEDICAL CORP CMN 16,900 $1,258,712.00 0.78% Health Care
8X8 INC EGHT 83,301 $1,247,015.97 0.77% Information Technology
GRIFFON CORPORATION GFF 74,423 $1,246,585.25 0.77% Industrials
BALCHEM CORP BCPC 16,319 $1,239,428.05 0.77% Materials
REPLIGEN CORP RGEN 42,216 $1,234,818.00 0.76% Health Care
CROSS COUNTRY HEALTHCARE CCRN 106,086 $1,225,293.30 0.76% Health Care
OPUS BANK OPB 52,845 $1,223,890.20 0.76% Financials
BLACKBAUD INC BLKB 18,881 $1,209,705.67 0.75% Information Technology
SPS COMMERCE INC SPSC 17,084 $1,187,679.68 0.73% Information Technology
PINNACLE FINANCIAL PARTN. PNFP 23,111 $1,185,825.41 0.73% Financials
HANMI FINANCIAL CORP HAFC 49,352 $1,180,499.84 0.73% Financials
SIMMONS FIRST NATIONAL CO SFNC 23,745 $1,178,939.25 0.73% Financials
AMERICAN WOODMARK CORP AMWD 15,162 $1,132,601.40 0.70% Industrials
SURGICAL CARE AF SCAI 24,012 $1,119,679.56 0.69% Health Care
TESSERA TECHNOLOGIES, INC TSRA 29,811 $1,111,950.30 0.69% Information Technology
EMERGENT BIOSOLUTIONS INC EBS 39,422 $1,109,335.08 0.69% Health Care
ACADIA REALTY TRUST AKR 31,552 $1,103,688.96 0.68% Real Estate
AZZ INC AZZ 19,973 $1,085,532.55 0.67% Industrials
FOX FACTORY HOLD FOXF 49,273 $1,081,542.35 0.67% Consumer Discretionary
FOUR CORNERS PROPERTY FCPT 51,866 $1,077,775.48 0.67% Real Estate
EXLSERVICE HOLDINGS INC EXLS 22,430 $1,067,443.70 0.66% Information Technology
MERIT MEDICAL SYSTEMS INC MMSI 44,858 $1,060,891.70 0.66% Health Care
HAWAIIAN HOLDINGS INC HA 22,098 $1,053,853.62 0.65% Industrials
WORLD WRESTLING ENTERTAIN WWE 53,295 $1,052,576.25 0.65% Consumer Discretionary
ALBANY MOLECULAR RESEARCH AMRI 64,186 $1,051,366.68 0.65% Health Care
EVERCORE PARTNERS INC EVR 19,646 $1,045,167.20 0.65% Financials
INNOSPEC INC IOSP 16,847 $1,035,248.15 0.64% Materials
PAPA JOHN'S INTERNATIONAL PZZA 12,722 $1,023,484.90 0.63% Consumer Discretionary
BANK MUTUAL CORP BKMU 128,219 $1,019,341.05 0.63% Financials
NORTHFIELD BANCORP INC NFBK 62,781 $1,008,890.67 0.62% Financials
LEGACYTEXAS FINANCIAL GRP LTXB 30,304 $1,007,911.04 0.62% Financials
KOPIN CORP KOPN 469,301 $1,004,304.14 0.62% Information Technology
MONARCH CASINO & RESORT I MCRI 42,194 $997,466.16 0.62% Consumer Discretionary
SERVISFIRST BANC SFBS 18,579 $990,818.07 0.61% Financials
CAMBREX CORP CBM 23,927 $986,988.75 0.61% Health Care
ECOLOGY INC ECOL 23,049 $979,582.50 0.60% Industrials
TRUEBLUE INC TBI 54,807 $978,304.95 0.60% Industrials
US PHYSICAL THERAPY INC USPH 15,919 $976,630.65 0.60% Health Care
CALAVO GROWERS INC CVGW 15,724 $974,888.00 0.60% Consumer Staples
SURMODICS INC SRDX 34,939 $973,051.15 0.60% Health Care
CAL-MAINE FOODS, INC. CALM 26,065 $965,708.25 0.60% Consumer Staples
ALLEGIANT TRAVEL COMPANY ALGT 6,121 $952,121.55 0.59% Industrials
TREX COMPANY, INC. TREX 16,858 $946,913.86 0.58% Industrials
B&G FOODS INC BGS 19,477 $944,634.50 0.58% Consumer Staples
Medidata Solutions Inc MDSO 19,192 $935,801.92 0.58% Health Care
NATUS MEDICAL INC BABY 22,736 $935,586.40 0.58% Health Care
NEOGEN CORP NEOG 17,770 $925,817.00 0.57% Health Care
HEIDRICK & STRUGGLES INTE HSII 44,666 $913,419.70 0.56% Industrials
AMPHASTAR PHARMA AMPH 48,538 $902,321.42 0.56% Health Care
NIC INC EGOV 37,729 $860,221.20 0.53% Information Technology
COMFORT SYSTEMS USA INC FIX 31,273 $850,938.33 0.53% Industrials
MATTHEWS INTERNATIONAL CO MATW 14,295 $846,692.85 0.52% Industrials
NEKTAR THERAPEUTICS NKTR 63,437 $846,249.58 0.52% Health Care
SYNCHRONOSS TECHNOLOGIES SNCR 22,393 $845,783.61 0.52% Information Technology
LANNETT CO INC LCI 39,379 $842,710.60 0.52% Health Care
SYNERGY RESOURCE SYRG 112,395 $829,475.10 0.51% Energy
AMERISAFE INC AMSF 14,876 $827,849.40 0.51% Financials
METHODE ELECTRONICS, INC. MEI 25,480 $810,264.00 0.50% Information Technology
CEVA INC CEVA 25,793 $794,424.40 0.49% Information Technology
AAON INC AAON 26,367 $779,144.85 0.48% Industrials
LHC GROUP INC. LHCG 21,230 $765,553.80 0.47% Health Care
HOPE BANCORP INC HOPE 47,044 $763,053.68 0.47% Financials
CHEMED CORP CHE 5,387 $752,186.81 0.46% Health Care
HFF INC-A HF 27,873 $749,783.70 0.46% Real Estate
INTERFACE INC TILE 45,963 $749,196.90 0.46% Industrials
FRANCESCAS HOLDI FRAN 46,682 $747,378.82 0.46% Consumer Discretionary
EXPONENT INC EXPO 13,244 $747,094.04 0.46% Industrials
MATSON INC MATX 18,157 $737,718.91 0.46% Industrials
LUMINEX CORPORATION LMNX 34,041 $736,987.65 0.46% Health Care
HEALTHSTREAM INC HSTM 27,102 $736,090.32 0.45% Health Care
STURM RUGER & CO RGR 12,241 $732,623.85 0.45% Consumer Discretionary
BOYD GAMING CORP BYD 38,401 $716,178.65 0.44% Consumer Discretionary
RUTH'S HOSPITALITY GROUP RUTH 47,655 $698,145.75 0.43% Consumer Discretionary
MONRO MUFFLER INC MNRO 12,051 $686,304.45 0.42% Consumer Discretionary
POPEYES LOUISIANA KITCHEN PLKI 13,092 $685,889.88 0.42% Consumer Discretionary
FIRST FINANCIAL BANKSHARE FFIN 18,848 $679,470.40 0.42% Financials
BANNER CORPORATI BANR 15,195 $679,216.50 0.42% Financials
FINANCIAL ENGINE FNGN 24,588 $665,597.16 0.41% Financials
INTEGRA LIFESCIENCES IART 8,164 $665,121.08 0.41% Health Care
OMNICELL INC OMCL 18,667 $662,678.50 0.41% Health Care
APOGEE ENTERPRISES INC APOG 15,521 $638,999.57 0.39% Industrials
RLI CORP RLI 10,933 $628,975.49 0.39% Financials
RAMBUS, INC. RMBS 53,933 $626,701.46 0.39% Information Technology
BLUE NILE INC NILE 17,314 $615,512.70 0.38% Consumer Discretionary
HEALTHCARE SERVICES GROUP HCSG 16,796 $614,061.76 0.38% Industrials
RETAIL OPPORTUNI ROIC 28,747 $610,873.75 0.38% Real Estate
WD-40 CO WDFC 5,646 $608,864.64 0.38% Consumer Staples
PROTO LABS INC PRLB 11,060 $592,152.40 0.37% Industrials
DELTIC TIMBER DEL 9,809 $589,520.90 0.36% Materials
KORN/FERRY INTERNATIONAL KFY 27,794 $578,949.02 0.36% Industrials
GENTHERM INC THRM 19,635 $567,451.50 0.35% Consumer Discretionary
CRAY INC CRAY 23,182 $488,908.38 0.30% Information Technology
ACETO CORP ACET 25,779 $481,036.14 0.30% Health Care
CORVEL CORP CRVL 13,270 $459,142.00 0.28% Health Care
OSI SYSTEMS INC OSIS 6,844 $453,415.00 0.28% Information Technology
VIRTUSA CORP VRTU 20,207 $425,761.49 0.26% Information Technology
SONIC CORP SONC 13,075 $340,080.75 0.21% Consumer Discretionary
PHIBRO ANIMAL-A PAHC 12,417 $317,626.86 0.20% Health Care
IMPAX LABS INC IPXL 14,105 $308,194.25 0.19% Health Care
GENERAL COMMUNICATION INC GNCMA 19,987 $300,204.74 0.19% Telecommunication Services
ACORDIA THERAPEUTICS ACOR 13,740 $276,174.00 0.17% Health Care


*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 timeperiod 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.

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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