OEW

Guggenheim S&P 100® Equal Weight ETF
NAV $29.45
Change $0.06 | 0.20%
As Of 2/24/17

Investment Objective

Seeks to replicate as closely as possible, before fees and expenses, the daily performance of the S&P 100® Equal Weight Index.


Net Asset Value

as of 2/24/17
NAV  $29.45
Change $0.06 | 0.20%


Summary


Ticker OEW
CUSIP 78355W478
Asset Class Broad Market
Inception Date 6/30/16
Gross Expense Ratio 0.40%
Net Expense Ratio 0.40%
IOPV Ticker OEW.IV
Related Index Ticker SPOEXEUT
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

as of 2/24/17
Volume 1,501
Last Sale Price $29.38
52-Week Range $29.45 / $25.45
Shares Outstanding 150,000
Total Net Assets $4,417,344.80

Market Close

as of 2/24/17
Close  $29.37
Change $0.06 | 0.20%
High | Low $29.37 | $29.34
Bid/Ask Midpoint  $29.49
Premium / Discount  0.14%


Historical Bid/Ask Midpoint to NAV

as of 2/24/17
  Days % of Total Days
Premium 102 61.45%
Discount 17 10.24%
Equal to NAV 47 28.31%
Total 166 100.00%


Characteristics

as of 2/24/17
Number of Stocks 102
Return on Equity (quarterly N/A) N/A
Price to Earning (P/E) N/A
Price to Book (P/B) N/A
Dividend Amount $0.07
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 $4,417,345
Number of Stocks 102
Percent Stock 99.48%
Percent Cash / Other 0.52%

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
ALLERGAN PLC AGN 218 $53,490.66 1.21% Health Care
ELI LILLY & COMPANY LLY 619 $51,296.53 1.16% Health Care
AMGEN INC. AMGN 293 $51,146.08 1.16% Health Care
APPLE INC. AAPL 369 $50,427.54 1.14% Information Technology
PHILIP MORRIS INT'L INC. PM 465 $50,089.80 1.13% Consumer Staples
ABBOTT LABORATORIES ABT 1,071 $48,923.28 1.11% Health Care
CISCO SYSTEMS, INC. CSCO 1,397 $47,945.04 1.09% Information Technology
BOEING COMPANY BA 268 $47,553.92 1.08% Industrials
FACEBOOK INC-A FB 351 $47,539.44 1.08% Information Technology
NEXTERA ENERGY INC NEE 361 $47,276.56 1.07% Utilities
ALTRIA GROUP, INC. MO 634 $47,188.62 1.07% Consumer Staples
NIKE INC. (CL. B) NKE 812 $46,982.32 1.06% Consumer Discretionary
VISA INC. V 531 $46,956.33 1.06% Information Technology
ALLSTATE CORP ALL 579 $46,846.89 1.06% Financials
COSTCO WHOLESALE CORP. COST 263 $46,698.28 1.06% Consumer Staples
KRAFT HEINZ CO/THE KHC 501 $46,633.08 1.06% Consumer Staples
COLGATE-PALMOLIVE COMPANY CL 634 $46,503.90 1.05% Consumer Staples
AMAZON.COM, INC. AMZN 55 $46,488.20 1.05% Consumer Discretionary
MEDTRONIC PLC MDT 573 $46,430.19 1.05% Health Care
DANAHER CORPORATION DHR 538 $46,311.04 1.05% Health Care
DOW CHEMICAL COMPANY DOW 728 $46,264.40 1.05% Materials
HOME DEPOT INC HD 315 $45,974.25 1.04% Consumer Discretionary
JOHNSON & JOHNSON JNJ 374 $45,901.02 1.04% Health Care
COMCAST CORPORATION CMCSA 1,210 $45,846.90 1.04% Consumer Discretionary
INTL. BUS. MACHINES CORP. IBM 252 $45,700.20 1.03% Information Technology
PAYPAL HOLDINGS INC PYPL 1,059 $45,611.13 1.03% Information Technology
MONDELEZ INTER-A MDLZ 1,001 $45,425.38 1.03% Consumer Staples
MONSANTO COMPANY MON 402 $45,409.92 1.03% Materials
DUKE ENERGY CORPORATION DUK 554 $45,405.84 1.03% Utilities
PFIZER INC PFE 1,325 $45,394.50 1.03% Health Care
MERCK & COMPANY, INC. MRK 686 $45,385.76 1.03% Health Care
PROCTER & GAMBLE COMPANY PG 498 $45,342.90 1.03% Consumer Staples
GENERAL DYNAMICS CORP GD 239 $45,321.57 1.03% Industrials
HONEYWELL INTERNATIONAL HON 361 $45,135.83 1.02% Industrials
BIOGEN IDEC, INC. BIIB 158 $45,050.54 1.02% Health Care
TEXAS INSTRUMENTS, INC. TXN 583 $45,030.92 1.02% Information Technology
AMERICAN EXPRESS COMPANY AXP 562 $44,825.12 1.01% Financials
E.I. DU PONT DE NEMOURS DD 561 $44,773.41 1.01% Materials
EXELON CORPORATION EXC 1,203 $44,727.54 1.01% Utilities
ORACLE CORPORATION ORCL 1,036 $44,724.12 1.01% Information Technology
MASTERCARD, INC. MA 402 $44,622.00 1.01% Information Technology
MCDONALD'S CORPORATION MCD 346 $44,512.90 1.01% Consumer Discretionary
PEPSICO, INC. PEP 405 $44,481.15 1.01% Consumer Staples
U.S. BANCORP USB 807 $44,465.70 1.01% Financials
JP MORGAN CHASE & CO. JPM 491 $44,352.03 1.00% Financials
WALT DISNEY COMPANY DIS 401 $44,238.32 1.00% Consumer Discretionary
SOUTHERN CO SO 876 $44,238.00 1.00% Utilities
EMERSON ELECTRIC COMPANY EMR 730 $44,150.40 1.00% Industrials
BANK OF AMERICA CORP BAC 1,819 $44,074.37 1.00% Financials
AT&T, INC. T 1,040 $44,054.40 1.00% Telecommunication Services
PRICELINE PCLN 27 $44,053.74 1.00% Consumer Discretionary
RAYTHEON COMPANY RTN 287 $44,048.76 1.00% Industrials
3M COMPANY MMM 235 $44,041.35 1.00% Industrials
MICROSOFT CORPORATION MSFT 678 $43,812.36 0.99% Information Technology
CELGENE CORPORATION CELG 370 $43,745.10 0.99% Health Care
MORGAN STANLEY MS 960 $43,708.80 0.99% Financials
BERKSHIRE HATHAWAY (CL.B) BRK/B 255 $43,406.10 0.98% Financials
WAL-MART STORES, INC WMT 599 $43,361.61 0.98% Consumer Staples
UNION PACIFIC CORPORATION UNP 400 $43,096.00 0.98% Industrials
LOCKHEED MARTIN CORP LMT 162 $43,092.00 0.98% Industrials
UNITED TECHNOLOGIES CORP UTX 383 $43,072.18 0.98% Industrials
GOLDMAN SACHS GROUP INC GS 174 $43,038.90 0.97% Financials
CAPITAL ONE FINANCIAL COF 464 $42,971.04 0.97% Financials
TIME WARNER, INC. TWX 441 $42,900.48 0.97% Consumer Discretionary
INTEL CORPORATION INTC 1,174 $42,886.22 0.97% Information Technology
LOWE'S COMPANIES LOW 562 $42,768.20 0.97% Consumer Discretionary
UNITEDHEALTH GROUP INC. UNH 262 $42,721.72 0.97% Health Care
CVS HEALTH CORP. CVS 524 $42,695.52 0.97% Consumer Staples
WALGREEN BOOTS ALLIANCE WBA 486 $42,578.46 0.96% Consumer Staples
WELLS FARGO & COMPANY WFC 735 $42,490.35 0.96% Financials
ABBVIE INC ABBV 682 $42,345.38 0.96% Health Care
KINDER MORGAN IN KMI 1,991 $42,288.84 0.96% Energy
SIMON PROPERTY GROUP INC. SPG 229 $42,202.41 0.96% Real Estate
ACCENTURE PLC ACN 341 $42,089.63 0.95% Information Technology
BLACKROCK, INC. BLK 108 $42,029.28 0.95% Financials
CATERPILLAR INC CAT 440 $42,011.20 0.95% Industrials
COCA COLA COMPANY KO 1,000 $41,780.00 0.95% Consumer Staples
CITIGROUP, INC. C 699 $41,632.44 0.94% Financials
BRISTOL MYERS SQUIBB CO BMY 736 $41,539.84 0.94% Health Care
FEDEX CORPORATION FDX 214 $41,325.54 0.94% Industrials
VERIZON COMMUNICATIONS VZ 816 $41,289.60 0.93% Telecommunication Services
GENERAL MOTORS C GM 1,115 $41,143.50 0.93% Consumer Discretionary
STARBUCKS CORP SBUX 715 $41,098.20 0.93% Consumer Discretionary
HALLIBURTON COMPANY HAL 775 $40,974.25 0.93% Energy
BANK OF NY MELLON BK 864 $40,685.76 0.92% Financials
AMER INT'L GROUP, INC. AIG 638 $40,595.94 0.92% Financials
GILEAD SCIENCES, INC. GILD 578 $40,425.32 0.92% Health Care
CHEVRON CORPORATION CVX 363 $39,973.56 0.90% Energy
GENERAL ELECTRIC CO GE 1,321 $39,880.99 0.90% Industrials
FORD MOTOR COMPANY F 3,189 $39,766.83 0.90% Consumer Discretionary
SCHLUMBERGER, LTD. SLB 495 $39,674.25 0.90% Energy
CONOCOPHILLIPS COP 827 $38,902.08 0.88% Energy
OCCIDENTAL PETROLEUM CORP OXY 595 $38,609.55 0.87% Energy
METLIFE INC MET 732 $38,422.68 0.87% Financials
EXXON MOBIL CORPORATION XOM 472 $38,269.76 0.87% Energy
UNITED PARCEL SERVICE UPS 351 $37,269.18 0.84% Industrials
TARGET CORPORATION TGT 543 $36,114.93 0.82% Consumer Discretionary
QUALCOMM INC. QCOM 613 $35,075.86 0.79% Information Technology
TWENTY-FIRST CEN FOXA 1,025 $31,375.25 0.71% Consumer Discretionary
ALPHABET INC A SHARES GOOGL 26 $22,043.06 0.50% Information Technology
ALPHABET INC C SHARES GOOG 26 $21,544.64 0.49% Information Technology
TWENTY-FIRST - B FOX 469 $14,177.87 0.32% Consumer Discretionary

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.

Guggenheim S&P 100® Equal Weight ETF is subject to risks and may not be suitable for all investors. • Correlation and tracking error risk refer to the factors that may affect the fund’s ability to achieve a high degree of correlation with its underlying index either on a single trading day or for a longer period of time. Failure to achieve a high degree of correlation may prevent the fund from achieving its investment objective and cause the fund’s performance to be less than you expect. • The fund is subject to the risk that the value of the equity securities and equity-based derivatives, if any, in the fund’s portfolio will decline due to volatility in the equity market. Large-capitalization stocks may underperform other segments of the equity market or the equity market as a whole. • When larger-capitalization securities are in favor or in periods of severe market dislocation, an equal weighted strategy may under-perform a cap-weighted strategy. • 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 and the exchange-traded prices of the fund’s shares may not reflect these market values. Although the fund’s shares are currently listed on the exchange, there can be no assurance that an active trading market for shares will develop or be maintained. • In certain circumstances, it may be difficult for the fund to purchase and sell particular investments within a reasonable time at a fair price. • The fund is non-diversified and can invest a greater portion of its assets in securities of individual issuers than a diversified fund; changes in the market value of a single issuer could cause greater fluctuations in the value of fund shares than would occur in a diversified fund. • The fund is not actively managed and the advisor does not take defensive positions in declining markets; therefore, the fund may be subject to greater losses in a declining market than an actively managed fund.

Fund data is subject to change on a daily basis.

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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