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Guggenheim S&P Equal Weight Energy ETF (RYE) - ETF





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Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price56.3
Volume48k
Avg Vol49k
RSf9.4
$Vol(21d)2m
52 wk High67.89
52 wk Low50.58
Inception:Nov 2006
(as of 2017-04-28)
Total Returns:
1 day-0.5%
5 day-1.1%
1 month-4.8%
3 month-11.2%
6 month-3.8%
9 month3.6%
1 year2.0%
 
Compare Funds:
Correlated Group: Energy (View cGroup) (All Groups)




 

Correlated Funds

Most Directly Correlated
iShares US Oil & Gas Expl & ProdIEO0.98  
Vanguard Energy VIPERsVDE0.97  
Direxion Energy Bull 3X SharesERX0.97  
Fidelity MSCI Energy FENY0.97  
iShares S&P Natural Resources Index FundIGE0.97  
First Trust Energy AlphaDEX FundFXN0.97  
Select Sector SPDR Fund - Energy Select SectorXLE0.97  
iShares US EnergyIYE0.97  
Proshares Ultra Oil & GasDIG0.97  
Direxion Dly S&P Oil & Gas E&P Bull 3X ETFGUSH0.96  
Least Correlated
Guggenheim S&P Equal Weight Utilities ETFRYU0.02  
PowerShares Var Rate Preferred ETFVRP0.00  
SPDR DB Intl Govt Infl-Protected BondWIP0.00  
Guggenheim BulletShares 2018 Corp Bond ETFBSCI0.00  
iShares FTSE NAREIT Residential Index Fund REZ0.00  
PIMCO Low Duration ETFLDUR-0.01  
First Trust Enh Short Maturity ETFFTSM-0.01  
IShares iBonds Dec 2017 Corp ETFIBDJ-0.01  
First Trust Pref Securities and IncomeFPE-0.01  
iShares 0-5 yr Invest Grade Corp Bd ETFSLQD-0.02  
Most Inversely Correlated
Proshares UltraShort Dow30DXD-0.49  
Proshares UltraShort S&P500SDS-0.53  
ProShares UltraPro Short S&P 500SPXU-0.54  
Direxion S&P 500 Bear 3X SharesSPXS-0.54  
ProShares Short S&P 500SH-0.54  
Direxion Daily Russia Bear 3x Shares ETFRUSS-0.54  
ProShares UltraShort DJ-AIG Crude OilSCO-0.70  
Direxion Dly S&P Oil & Gas E&P Bear 3X ETFDRIP-0.96  
Proshares UltraShort Oil & GasDUG-0.97  
Direxion Energy Bear 3X SharesERY-0.97  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2017-04-28.
 


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








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