RZV

Guggenheim S&P SmallCap 600® Pure Value ETF
NAV $71.40
Change -$0.03 | -0.04%
As Of 2/24/17

Investment Objective

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


Net Asset Value

as of 2/24/17
NAV  $71.40
Change $-0.03 | -0.04%


Summary


Ticker RZV
CUSIP 78355W700
Asset Class Style
Inception Date 3/1/06
Gross Expense Ratio 0.35%
Net Expense Ratio 0.35%
IOPV Ticker RZV.IV
Related Index Ticker SPSPV
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

as of 2/24/17
Volume 8,334
Last Sale Price $71.31
52-Week Range $76.94 / $50.85
Shares Outstanding 3,650,040
Total Net Assets $260,625,670.68

Market Close

as of 2/24/17
Close  $71.31
Change $-0.13 | -0.18%
High | Low $71.50 | $70.70
Bid/Ask Midpoint  $71.35
Premium / Discount  -0.08%


Historical Bid/Ask Midpoint to NAV

as of 2/24/17
  Days % of Total Days
Premium 1053 38.07%
Discount 1519 54.92%
Equal to NAV 194 7.01%
Total 2766 100.00%


Characteristics

as of 2/24/17
Number of Stocks 156
Return on Equity (quarterly 12/30/16) 3.84%
Price to Earning (P/E) 13.34
Price to Book (P/B) 1.09
Dividend Amount $0.03
Ex-Dividend Date N/A


Risk

as of 1/31/17
Standard Deviation Sharpe Ratio Beta R-Squared
20.51 0.33 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.

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 $260,625,671
Number of Stocks 156
Percent Stock 99.95%
Percent Cash / Other 0.05%

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
EXTERRAN CORP EXTN 132,690 $4,000,603.50 1.54% Energy
KELLY SERVICES INC KELYA 165,498 $3,561,516.96 1.37% Industrials
FRED'S INC FRED 198,178 $3,521,623.06 1.35% Consumer Discretionary
SENECA FOODS-A SENEA 91,012 $3,453,905.40 1.33% Consumer Staples
MAIDEN HOLDINGS LTD MHLD 187,851 $3,099,541.50 1.19% Financials
ESSENDANT INC ESND 141,595 $3,079,691.25 1.18% Industrials
M/I HOMES INC MHO 130,754 $3,075,334.08 1.18% Consumer Discretionary
SCANSOURCE INC SCSC 71,954 $3,007,677.20 1.15% Information Technology
ADEPTUS HEALTH-A ADPT 442,019 $2,992,468.63 1.15% Health Care
CELADON GROUP INC CGI 366,926 $2,972,100.60 1.14% Industrials
GREENBRIER COS INC GBX 66,575 $2,932,628.75 1.13% Industrials
SANMINA-SCI CORP SANM 71,239 $2,878,055.60 1.10% Information Technology
UNIVERSAL CORP/RICHMOND V UVV 41,281 $2,854,581.15 1.10% Consumer Staples
WABASH NATIONAL WNC 136,366 $2,843,231.10 1.09% Industrials
LSC COMMUNICATIONS INC LKSD 102,238 $2,827,903.08 1.09% Industrials
BARNES & NOBLE EDUCATION BNED 280,904 $2,823,085.20 1.08% Consumer Discretionary
GANNETT CO INC GCI 306,036 $2,784,927.60 1.07% Consumer Discretionary
VERITIV CORP VRTV 48,936 $2,759,990.40 1.06% Industrials
SELECT MEDICAL SEM 192,646 $2,725,940.90 1.05% Health Care
INVACARE CORP IVC 221,136 $2,697,859.20 1.04% Health Care
MDC HOLDINGS INC MDC 89,814 $2,667,475.80 1.02% Consumer Discretionary
INSIGHT ENTERPRISES INC NSIT 60,790 $2,662,602.00 1.02% Information Technology
SONIC AUTOMOTIVE INC SAH 114,961 $2,598,118.60 1.00% Consumer Discretionary
BENCHMARK ELECTRONICS INC BHE 80,597 $2,591,193.55 0.99% Information Technology
MERITAGE HOMES CORP MTH 74,276 $2,566,235.80 0.98% Consumer Discretionary
PHARMERICA CORP PMC 101,004 $2,555,401.20 0.98% Health Care
UNITED INSURANCE UIHC 157,147 $2,531,638.17 0.97% Financials
BOISE CASCADE CO BCC 94,773 $2,459,359.35 0.94% Materials
ENCORE CAPITAL GROUP INC ECPG 69,289 $2,435,508.35 0.93% Financials
ABERCROMBIE & FITCH ANF 203,140 $2,433,617.20 0.93% Consumer Discretionary
DIPLOMAT PHARMAC DPLO 168,507 $2,411,335.17 0.93% Health Care
ATWOOD OCEANICS INC ATW 231,559 $2,405,898.01 0.92% Energy
TUESDAY MORNING CORP TUES 597,596 $2,390,384.00 0.92% Consumer Discretionary
NEW MEDIA IN-W/I NEWM 155,112 $2,374,764.72 0.91% Consumer Discretionary
COMTECH TELECOMMUNICATION CMTL 205,879 $2,371,726.08 0.91% Information Technology
AMERICAN EQUITY INVESTMEN AEL 88,196 $2,357,479.08 0.90% Financials
OLYMPIC STEEL INC ZEUS 99,056 $2,352,580.00 0.90% Materials
ROADRUNNER TRANS RRTS 313,607 $2,305,011.45 0.88% Industrials
ARCBEST CORP ARCB 75,542 $2,228,489.00 0.86% Industrials
ATLAS AIR WORLDWIDE AAWW 38,953 $2,196,949.20 0.84% Industrials
ADVANSIX INC ASIX 79,627 $2,188,149.96 0.84% Materials
AMERICAN AXLE & MANUFACTU AXL 111,225 $2,187,795.75 0.84% Consumer Discretionary
GROUP 1 AUTOMOTIVE INC GPI 27,256 $2,167,397.12 0.83% Consumer Discretionary
MARINEMAX INC HZO 95,219 $2,161,471.30 0.83% Consumer Discretionary
REGIS CORP RGS 171,399 $2,137,345.53 0.82% Consumer Discretionary
TRUEBLUE INC TBI 83,864 $2,117,566.00 0.81% Industrials
RR DONNELLEY & SONS CO RRD 115,707 $2,097,767.91 0.80% Industrials
VITAMIN SHOPPE VSI 93,450 $2,083,935.00 0.80% Consumer Discretionary
SKYWEST, INC. SKYW 57,631 $2,043,018.95 0.78% Industrials
Century Aluminum Co CENX 151,146 $2,038,959.54 0.78% Materials
GREEN PLAINS REN GPRE 86,927 $2,034,091.80 0.78% Energy
ASCENA RETAIL GROUP INC ASNA 417,767 $2,021,992.28 0.78% Consumer Discretionary
GENESCO INC GCO 33,313 $2,000,445.65 0.77% Consumer Discretionary
INTL FCSTONE INC INTL 53,129 $1,986,493.31 0.76% Financials
HUB GROUP INC HUBG 38,246 $1,937,159.90 0.74% Industrials
ALMOST FAMILY INC AFAM 38,431 $1,902,334.50 0.73% Health Care
EXPRESS INC EXPR 171,374 $1,881,686.52 0.72% Consumer Discretionary
ANDERSONS, INC. ANDE 46,541 $1,856,985.90 0.71% Consumer Staples
SHOE CARNIVAL INC SCVL 71,789 $1,855,027.76 0.71% Consumer Discretionary
BRISTOW GROUP INC BRS 115,744 $1,850,746.56 0.71% Energy
ANIXTER INTERNATIONAL INC AXE 22,487 $1,848,431.40 0.71% Information Technology
G-III APPAREL GROUP LTD GIII 68,502 $1,844,073.84 0.71% Consumer Discretionary
DARLING INTERNATIONAL INC DAR 144,382 $1,836,539.04 0.70% Consumer Staples
GULF ISLAND FABRICATION I GIFI 161,524 $1,833,297.40 0.70% Energy
PERRY ELLIS INTERNATIONAL PERY 77,674 $1,823,785.52 0.70% Consumer Discretionary
INTEGER HOLDINGS CORP ITGR 50,063 $1,822,293.20 0.70% Health Care
ENOVA INTERNATIONAL INC ENVA 124,807 $1,822,182.20 0.70% Financials
ERA GROUP-W/I ERA 127,890 $1,790,460.00 0.69% Energy
LITHIA MOTORS INC LAD 18,093 $1,783,246.08 0.68% Consumer Discretionary
BANC OF CALIFORNIA INC BANC 90,782 $1,756,631.70 0.67% Financials
GUESS? INC GES 137,822 $1,747,582.96 0.67% Consumer Discretionary
COOPER-STANDARD CPS 15,325 $1,740,460.25 0.67% Consumer Discretionary
GLATFELTER GLT 75,326 $1,715,926.28 0.66% Materials
HAVERTY FURNITURE COS INC HVT 72,715 $1,686,988.00 0.65% Consumer Discretionary
MATRIX SERVICE CO MTRX 99,681 $1,649,720.55 0.63% Energy
COMMUNITY HEALTH SYSTEMS CYH 174,981 $1,613,324.82 0.62% Health Care
SANDERSON FARMS INC SAFM 16,824 $1,588,858.56 0.61% Consumer Staples
BARNES & NOBLE INC BKS 153,045 $1,568,711.25 0.60% Consumer Discretionary
INFINITY PROP & CASUALTY IPCC 17,534 $1,562,279.40 0.60% Financials
HCI GROUP INC HCI 32,555 $1,552,222.40 0.60% Financials
RH COM RH 49,243 $1,543,275.62 0.59% Consumer Discretionary
BRIGGS & STRATTON CORP BGG 70,381 $1,520,933.41 0.58% Industrials
ASBURY AUTOMOTIVE GROUP I ABG 21,635 $1,443,054.50 0.55% Consumer Discretionary
PROVIDENCE SERVICE CORP. PRSC 34,338 $1,433,611.50 0.55% Health Care
CDI CORP CDI 155,958 $1,427,015.70 0.55% Industrials
KIRKLAND'S INC KIRK 127,277 $1,425,502.40 0.55% Consumer Discretionary
QUINSTREET INC QNST 435,601 $1,424,415.27 0.55% Information Technology
ECHO GLOBAL LOGI ECHO 61,613 $1,401,695.75 0.54% Industrials
STEWART INFORMATION SERVI STC 31,266 $1,401,342.12 0.54% Financials
SCHOLASTIC CORP SCHL 29,297 $1,354,693.28 0.52% Consumer Discretionary
QUORUM HEALTH CORP QHC 161,433 $1,338,279.57 0.51% Health Care
ARCTIC CAT INC. ACAT 71,125 $1,315,812.50 0.50% Consumer Discretionary
BIG 5 SPORTING GOODS CORP BGFV 97,328 $1,313,928.00 0.50% Consumer Discretionary
RED ROBIN GOURMET BURGERS RRGB 27,667 $1,300,349.00 0.50% Consumer Discretionary
WORLD ACCEPTANCE CORP WRLD 24,085 $1,297,940.65 0.50% Financials
HEIDRICK & STRUGGLES INTE HSII 57,878 $1,244,377.00 0.48% Industrials
OFG BANCORP OFG 93,286 $1,236,039.50 0.47% Financials
VIRTUSA CORP VRTU 43,529 $1,234,047.15 0.47% Information Technology
FTD COS INC FTD 48,448 $1,186,007.04 0.46% Consumer Discretionary
ELECTRO SCIENTIFIC INDUST ESIO 176,633 $1,181,674.77 0.45% Information Technology
CORE-MARK HOLDING CO INC CORE 35,660 $1,176,423.40 0.45% Consumer Discretionary
UNITED FIRE GROUP INC UFCS 27,114 $1,150,447.02 0.44% Financials
PLEXUS CORPORATION PLXS 19,864 $1,146,351.44 0.44% Information Technology
STEIN MART INC SMRT 301,992 $1,132,470.00 0.43% Consumer Discretionary
CALERES INC CAL 36,342 $1,116,789.66 0.43% Consumer Discretionary
TIMKENSTEEL CORP TMST 55,953 $1,111,786.11 0.43% Materials
CAPSTEAD MORTGAGE CORP CMO 105,639 $1,109,209.50 0.43% Financials
HORACE MANN EDUCATORS COR HMN 26,171 $1,108,341.85 0.43% Financials
EZCORP INC EZPW 120,482 $1,078,313.90 0.41% Financials
FINISH LINE/THE FINL 62,592 $1,072,826.88 0.41% Consumer Discretionary
KINDRED HEALTHCARE, INC. KND 139,985 $1,063,886.00 0.41% Health Care
AAR CORP AIR 30,931 $1,041,756.08 0.40% Industrials
LSB INDUSTRIES INC LXU 118,168 $1,036,333.36 0.40% Materials
IRIDIUM COMMUNIC IRDM 117,041 $1,035,812.85 0.40% Telecommunication Services
DXP ENTERPRISES INC DXPE 29,501 $1,016,604.46 0.39% Industrials
HOMESTREET INC HMST 35,953 $981,516.90 0.38% Financials
SELECTIVE INS GROUP SIGI 21,814 $960,906.70 0.37% Financials
SYKES ENTERPRISES INC SYKE 33,654 $957,456.30 0.37% Information Technology
SPOK HOLDINGS INC SPOK 50,390 $952,371.00 0.37% Telecommunication Services
KORN/FERRY INTERNATIONAL KFY 30,594 $941,377.38 0.36% Industrials
INVESTMENT TECHNOLOGY GRO ITG 47,296 $937,406.72 0.36% Financials
AEGION CORP AEGN 41,045 $922,691.60 0.35% Industrials
MYRIAD GENETICS INC MYGN 48,596 $922,352.08 0.35% Health Care
NAVIGATORS GROUP INC NAVG 16,092 $904,370.40 0.35% Financials
EMPLOYERS HOLDINGS, INC. EIG 23,478 $899,207.40 0.35% Financials
KAPSTONE PAPER AND PACKAG KS 39,501 $897,462.72 0.34% Materials
SUPERIOR INDUSTRIES INTER SUP 37,985 $894,546.75 0.34% Consumer Discretionary
ENCORE WIRE CORP WIRE 18,490 $885,671.00 0.34% Industrials
OPUS BANK OPB 41,301 $875,581.20 0.34% Financials
MATERION CORP MTRN 24,485 $867,993.25 0.33% Materials
CLEARWATER PAPER CORP CLW 15,342 $859,919.10 0.33% Materials
AMERICAN PUBLIC EDUCATION APEI 35,314 $858,130.20 0.33% Consumer Discretionary
SUPERVALU INC SVU 215,541 $844,920.72 0.32% Consumer Staples
GENERAL CABLE CORPORATION BGC 51,094 $835,386.90 0.32% Industrials
POWELL INDUSTRIES INC POWL 24,216 $815,594.88 0.31% Industrials
DIGI INTERNATIONAL INC DGII 63,103 $814,028.70 0.31% Information Technology
MANTECH INTERNATIONAL COR MANT 21,936 $809,877.12 0.31% Information Technology
COHU INC COHU 47,824 $796,269.60 0.31% Information Technology
LHC GROUP INC. LHCG 16,313 $795,258.75 0.31% Health Care
UNIFI INC UFI 28,218 $789,821.82 0.30% Consumer Discretionary
CATO CORP/THE CATO 29,822 $773,582.68 0.30% Consumer Discretionary
ASTORIA FINANCIAL CORP AF 41,164 $768,943.52 0.30% Financials
MOVADO GROUP INC MOV 30,423 $766,659.60 0.29% Consumer Discretionary
CACI INTERNATIONAL INC CACI 5,879 $749,278.55 0.29% Information Technology
CHESAPEAKE LODGING CHSP 30,117 $738,468.84 0.28% Real Estate
KAMAN CORP KAMN 13,125 $683,812.50 0.26% Industrials
RESOURCES CONNECTION INC RECN 38,493 $654,381.00 0.25% Industrials
CLOUD PEAK ENERG CLD 127,853 $653,328.83 0.25% Energy
RAYONIER ADV RYAM 52,084 $641,154.04 0.25% Materials
SAFETY INSURANCE GROUP IN SAFT 8,731 $638,672.65 0.25% Financials
CROCS INC CROX 91,699 $610,715.34 0.23% Consumer Discretionary
SUNCOKE ENERGY I SXC 60,949 $582,062.95 0.22% Materials
RUBY TUESDAY INC RT 286,788 $539,161.44 0.21% Consumer Discretionary
BLACK BOX CORP BBOX 52,553 $501,881.15 0.19% Information Technology
HORNBECK OFFSHORE SERVICE HOS 95,028 $418,123.20 0.16% Energy
TIDEWATER TDW 307,024 $411,412.16 0.16% Energy
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 59,232 $59,231.91 0.02% 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.

Guggenheim

Subscribe to Perspectives



©2017 Guggenheim Investments. All Rights Reserved.

Research our firm with FINRA Broker Check.

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