Guggenheim S&P 500 Equal Weight Health Care

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RYH : n.a. : Financial
$158.52 up 0.40 | 0.25%
Today's Range: 157.51 - 158.80
Avg. Daily Volume: 22,700
07/27/16 - 3:59 PM ET
  • Last Ratings Update:06/30/2016
  • Price as of 06/30/2016 :$150.57
  • Net Assets:$335.1 Million
  • NAV:$151.8
  • Premium-0.81%
  •   
  • Peer Rank:28 of 323
  • Investment Rating:B+
  • Performance:B+
  • RiskB-
RYH Price Chart

SUMMARY


We rate Guggenheim S&P 500 Eq Wght HC ETF at B+. This overall rating indicates it is among the top 10% of all closed end funds in its peer group. Positive factors that influence this rating include a well above average total return, low price volatility and low expense structure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Growth - Domestic strategy.


POSITIVES AND RISKS


Total return ranks very high in comparison with peers over the last three years. The Guggenheim S&P 500 Eq Wght HC ETF has returned an annual rate of 12.93% since inception. More recently, the fund has generated a total return of 16.45% in the last five years, 17.63% in the last three years, and -4.99% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 94% of them. It has also outpaced 90% of its competitors on a three year basis and 35% of them over the last year for the period ending 6/30/2016. On a year to date basis, RYH has returned -0.86%.

Downside risk has been below average. RYH has a draw down risk of -14.54%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 13.0%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $150.57, which is 2.4% below its 52-week high of $154.20 and 5.4% above its 52-week low of $142.81.

Low expense ratio helps performance. As RYH is an exchange traded fund, it has no front end or back end load.

The Guggenheim S&P 500 Eq Wght HC ETF is managed by James R. King at Guggenheim Investments. This fund is one of 29 Guggenheim Investments exchange-traded funds launched since 4/24/2003 that we track.


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