RPV

Guggenheim S&P 500® Pure Value ETF
NAV $60.91
Change -$0.04 | -0.07%
As Of 2/24/17

Investment Objective

Seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500® Pure Value Index.


Net Asset Value

as of 2/24/17
NAV  $60.91
Change $-0.04 | -0.07%


Summary


Ticker RPV
CUSIP 78355W304
Asset Class Style
Inception Date 3/1/06
Gross Expense Ratio 0.35%
Net Expense Ratio 0.35%
IOPV Ticker RPV.IV
Related Index Ticker SPXPV
Investment Adviser Security Investors, LLC.
Distributor Guggenheim Funds Distributors, LLC.


Profile

as of 2/24/17
Volume 126,447
Last Sale Price $60.88
52-Week Range $61.05 / $46.52
Shares Outstanding 17,352,836
Total Net Assets $1,056,882,127.92

Market Close

as of 2/24/17
Close  $60.88
Change $-0.05 | -0.08%
High | Low $60.90 | $60.45
Bid/Ask Midpoint  $60.90
Premium / Discount  -0.02%


Historical Bid/Ask Midpoint to NAV

as of 2/24/17
  Days % of Total Days
Premium 1030 37.24%
Discount 1101 39.80%
Equal to NAV 635 22.96%
Total 2766 100.00%


Characteristics

as of 2/24/17
Number of Stocks 116
Return on Equity (quarterly 12/30/16) 9.80%
Price to Earning (P/E) 14.92
Price to Book (P/B) 1.37
Dividend Amount $0.16
Ex-Dividend Date N/A


Risk

as of 1/31/17
Standard Deviation Sharpe Ratio Beta R-Squared
13.45 0.65 1.00 99.97

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 $1,056,882,128
Number of Stocks 116
Percent Stock 99.74%
Percent Cash / Other 0.26%

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
ARCONIC, INC. ARNC 882,678 $25,880,118.96 2.45% Industrials
BERKSHIRE HATHAWAY (CL.B) BRK/B 136,067 $23,161,324.74 2.19% Financials
GENERAL MOTORS C GM 534,349 $19,717,478.10 1.87% Consumer Discretionary
CENTENE CORP CNC 258,978 $18,286,436.58 1.73% Health Care
VALERO ENERGY CORPORATION VLO 259,919 $17,341,795.68 1.64% Energy
PRUDENTIAL FINANCIAL, INC PRU 155,922 $17,145,183.12 1.62% Financials
ANTHEM INC. ANTM 103,261 $16,917,249.63 1.60% Health Care
ARCHER DANIELS MIDLAND ADM 370,668 $16,776,433.68 1.59% Consumer Staples
FIRST SOLAR, INC. FSLR 434,198 $16,456,104.20 1.56% Information Technology
CENTURYLINK CTL 666,344 $16,378,735.52 1.55% Telecommunication Services
FORD MOTOR COMPANY F 1,274,080 $15,887,777.60 1.50% Consumer Discretionary
ASSURANT, INC. AIZ 160,580 $15,858,880.80 1.50% Financials
LEUCADIA NAT'L CORP. LUK 579,962 $14,899,223.78 1.41% Financials
TESORO CORPORATION TSO 166,351 $14,630,570.45 1.38% Energy
XL GROUP LTD XL 348,711 $14,338,996.32 1.36% Financials
UNUM GROUP UNM 293,469 $14,227,377.12 1.35% Financials
LINCOLN NATIONAL CORP LNC 196,077 $13,886,173.14 1.31% Financials
AUTONATION INC AN 295,383 $13,832,785.89 1.31% Consumer Discretionary
XEROX CORP XRX 1,821,104 $13,731,124.16 1.30% Information Technology
HARTFORD FINL SVCS GRP HIG 280,024 $13,614,766.88 1.29% Financials
METLIFE INC MET 249,466 $13,094,470.34 1.24% Financials
CARDINAL HEALTH, INC. CAH 155,609 $12,781,723.26 1.21% Health Care
TRANSOCEAN LTD. RIG 929,195 $12,776,431.25 1.21% Energy
MARATHON PETROLEUM CORP MPC 254,060 $12,710,621.80 1.20% Energy
ENDO INETERNATIONAL PLC ENDP 956,827 $12,582,275.05 1.19% Health Care
GOODYEAR TIRE & RUBBER CO GT 351,442 $12,426,989.12 1.18% Consumer Discretionary
ALLSTATE CORP ALL 151,254 $12,237,961.14 1.16% Financials
STAPLES INC SPLS 1,316,364 $12,215,857.92 1.16% Consumer Discretionary
MCKESSON CORPORATION MCK 78,717 $11,874,459.45 1.12% Health Care
FLUOR CORPORATION FLR 212,394 $11,700,785.46 1.11% Industrials
FRONTIER COMMUNICATIONS FTR 3,413,033 $11,501,921.21 1.09% Telecommunication Services
LOEWS CORP L 240,554 $11,361,365.42 1.07% Financials
PULTE HOMES, INC. PHM 518,316 $11,263,006.68 1.07% Consumer Discretionary
CVS HEALTH CORP. CVS 137,108 $11,171,559.84 1.06% Consumer Staples
AMERISOURCEBERGEN CORP ABC 121,097 $11,160,299.52 1.06% Health Care
WAL-MART STORES, INC WMT 153,485 $11,110,779.15 1.05% Consumer Staples
EXELON CORPORATION EXC 298,530 $11,099,345.40 1.05% Utilities
CAPITAL ONE FINANCIAL COF 119,165 $11,035,870.65 1.04% Financials
NEWS CORPORATION NWSA 838,050 $10,978,455.00 1.04% Consumer Discretionary
BANK OF AMERICA CORP BAC 443,918 $10,756,133.14 1.02% Financials
MOSAIC COMPANY MOS 339,459 $10,665,801.78 1.01% Materials
HEWLETT PACKARD ENTERPRIS HPE 460,097 $10,563,827.12 1.00% Information Technology
CITIGROUP, INC. C 175,667 $10,462,726.52 0.99% Financials
ENTERGY CORPORATION ETR 136,144 $10,319,715.20 0.98% Utilities
KROGER COMPANY KR 305,214 $10,160,574.06 0.96% Consumer Staples
AMER INT'L GROUP, INC. AIG 158,271 $10,070,783.73 0.95% Financials
D.R.HORTON, INC. DHI 320,296 $10,054,091.44 0.95% Consumer Discretionary
TYSON FOODS, INC. TSN 159,517 $9,998,525.56 0.95% Consumer Staples
LENNAR CORPORATION LEN 208,491 $9,888,728.13 0.94% Consumer Discretionary
MALLINCKRODT PLC MNK 184,055 $9,824,855.90 0.93% Health Care
EXPRESS SCRIPTS HLDGS ESRX 125,090 $8,950,189.50 0.85% Health Care
WHIRLPOOL CORPORATION WHR 48,836 $8,798,293.76 0.83% Consumer Discretionary
TRAVELERS COS INC TRV 71,717 $8,768,837.59 0.83% Financials
KOHL'S CORP KSS 201,118 $8,646,062.82 0.82% Consumer Discretionary
REGIONS FINANCIAL CORP RF 568,605 $8,642,796.00 0.82% Financials
AFLAC INC AFL 120,518 $8,642,345.78 0.82% Financials
RYDER SYSTEM, INC. R 112,432 $8,530,215.84 0.81% Industrials
WESTROCK CO. WRK 155,118 $8,287,954.74 0.78% Materials
FIRSTENERGY CORPORATION FE 256,373 $8,285,975.36 0.78% Utilities
MORGAN STANLEY MS 179,694 $8,181,467.82 0.77% Financials
ALLERGAN PLC AGN 33,120 $8,126,654.40 0.77% Health Care
PHILLIPS 66-W/I PSX 101,658 $7,932,373.74 0.75% Energy
SUNTRUST BANKS, INC. STI 132,280 $7,842,881.20 0.74% Financials
AES CORPORATION AES 648,213 $7,733,181.09 0.73% Utilities
PATTERSON COS INC PDCO 170,431 $7,706,889.82 0.73% Health Care
JACOBS ENGINEERING GROUP JEC 137,075 $7,680,312.25 0.73% Industrials
BED BATH & BEYOND BBBY 184,363 $7,566,257.52 0.72% Consumer Discretionary
NRG ENERGY INC NRG 423,291 $7,390,660.86 0.70% Utilities
CHUBB LIMITED CB 52,170 $7,220,849.70 0.68% Financials
DUKE ENERGY CORPORATION DUK 82,435 $6,756,372.60 0.64% Utilities
BORGWARNER, INC BWA 158,541 $6,584,207.73 0.62% Consumer Discretionary
WHOLE FOODS MARKET, INC. WFM 206,953 $6,531,436.68 0.62% Consumer Staples
PRINCIPAL FINANCIAL GROUP PFG 102,997 $6,463,061.75 0.61% Financials
MACY'S, INC. M 193,264 $6,410,566.88 0.61% Consumer Discretionary
JP MORGAN CHASE & CO. JPM 69,979 $6,321,203.07 0.60% Financials
GOLDMAN SACHS GROUP INC GS 24,927 $6,165,693.45 0.58% Financials
COSTCO WHOLESALE CORP. COST 34,126 $6,059,412.56 0.57% Consumer Staples
ZIONS BANCORPORATION ZION 135,722 $6,046,415.10 0.57% Financials
FIFTH THIRD BANCORP FITB 218,541 $5,970,540.12 0.56% Financials
PNC FINANCIAL SERVICES PNC 46,680 $5,922,758.40 0.56% Financials
PROGRESSIVE CORP/THE PGR 150,765 $5,887,373.25 0.56% Financials
CONSOLIDATED EDISON INC ED 75,864 $5,811,941.04 0.55% Utilities
TEXTRON INC TXT 119,702 $5,646,343.34 0.53% Industrials
GAP INC GPS 223,499 $5,520,425.30 0.52% Consumer Discretionary
HP INC HPQ 303,906 $5,363,940.90 0.51% Information Technology
PEOPLE'S UNITED FINANCIAL PBCT 277,198 $5,336,061.50 0.50% Financials
PVH CORP PVH 58,086 $5,318,935.02 0.50% Consumer Discretionary
CIGNA CORPORATION CI 35,787 $5,262,120.48 0.50% Health Care
JOHNSON CONTROLS INTER JCI 119,233 $4,986,324.06 0.47% Industrials
TARGET CORPORATION TGT 74,390 $4,947,678.90 0.47% Consumer Discretionary
DAVITA, INC DVA 70,358 $4,857,516.32 0.46% Health Care
PUBLIC SVC ENTERPRISE GRP PEG 103,192 $4,706,587.12 0.45% Utilities
EVERSOURCE ENERGY ES 79,701 $4,704,750.03 0.45% Utilities
BB&T CORPORATION BBT 96,565 $4,645,742.15 0.44% Financials
NAVIENT CORP NAVI 299,273 $4,602,818.74 0.44% Financials
WALGREEN BOOTS ALLIANCE WBA 50,857 $4,455,581.77 0.42% Consumer Staples
WELLS FARGO & COMPANY WFC 76,381 $4,415,585.61 0.42% Financials
DELTA AIR LINES INC. DAL 86,248 $4,352,074.08 0.41% Industrials
BANK OF NY MELLON BK 92,055 $4,334,869.95 0.41% Financials
AMERICAN AIRLINE AAL 92,225 $4,268,173.00 0.40% Industrials
AT&T, INC. T 98,870 $4,188,133.20 0.40% Telecommunication Services
HUNTINGTON BANCSHARES INC HBAN 294,715 $4,179,058.70 0.40% Financials
TORCHMARK CORPORATION TMK 53,591 $4,155,982.05 0.39% Financials
AMEREN CORP AEE 75,325 $4,111,238.50 0.39% Utilities
EATON CORP ETN 54,891 $3,973,559.49 0.38% Industrials
CARNIVAL CORPORATION CCL 68,966 $3,864,164.98 0.37% Consumer Discretionary
XCEL ENERGY, INC. XEL 88,717 $3,844,994.78 0.36% Utilities
WESTERN DIGITAL CORP WDC 50,970 $3,804,910.50 0.36% Information Technology
EASTMAN CHEMICAL COMPANY EMN 46,265 $3,708,602.40 0.35% Materials
DTE ENERGY COMPANY DTE 36,546 $3,694,435.14 0.35% Utilities
TEGNA INC TGNA 148,603 $3,685,354.40 0.35% Consumer Discretionary
NEWS CORPORATION CLASS B NWS 261,914 $3,509,647.60 0.33% Consumer Discretionary
MARATHON OIL CORPORATION MRO 218,949 $3,444,067.77 0.33% Energy
INVESCO LTD IVZ 103,134 $3,368,356.44 0.32% Financials
STATE STREET CORP. STT 41,706 $3,292,688.70 0.31% Financials
Signet Jewelers Ltd SIG 38,618 $2,850,008.40 0.27% Consumer Discretionary
FEDERATED US TREAS CASH RESERVE INSTITUTIONAL 897,589 $897,588.96 0.08% 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