Morningstar Rating

ETF Research and Analysis

by Alex Bryan
Suitability
Guggenheim S&P 500 Pure Growth RPG targets the fastest-growing third of the S&P 500 based on earnings and sales growth during the past three years and price appreciation over the most recent year. Unlike most of   Read more 

Bull Case

The fund's strong growth orientation allows investors to obtain a growth tilt with a smaller investment than a traditional growth index fund would require.
Fast-growing stocks toward the smaller end of the S&P 500 may outperform during bull markets.
The fund begins its selection process with the constituents in the S&P 500, which tends to exclude highly speculative names.  Read more 

Bear Case

There are cheaper market-cap-weighted alternatives.
RPG is more volatile than many of its peers and may underperform during market downturns.
On average, growth stocks have underperformed their value counterparts in nearly every market studied over long horizons.  Read more 

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