Guggenheim SMid Cap Value Fund (SEVAX)

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The chart shows the growth of an initial investment of $10,000 in Guggenheim SMid Cap Value Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Guggenheim SMid Cap Value Fund (SEVAX) has returned -1.59% so far this year and 8.94% over the past 12 months. Over the last ten years, SEVAX has returned 7.85% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Apr 30, 1997, SEVAX's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, your investment would double in approximately 5.7 years.

Historically, 62% of months were positive and 38% were negative. The best month was May 2003 with a return of +18.3%, while the worst month was Mar 2020 at -21.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SEVAX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +10.6%, while the worst single day was Mar 16, 2020 at -13.1%.

Guggenheim SMid Cap Value Fund has an annualized alpha of 4.31%, beta of 0.92, and R² of 0.74 versus S&P 500 Index. Calculated based on daily prices since May 01, 1997.

• This fund captured 109.85% of S&P 500 Index gains but only 94.26% of its losses — a favorable profile for investors.
• This fund generated an annualized alpha of 4.31% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 0.92 and R² of 0.74, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

SEVAX has a high expense ratio of 1.19%, indicating above-average management fees.

SEVAX ranks 20 for risk / return — in the bottom 20% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Guggenheim SMid Cap Value Fund (SEVAX) and compare them to a chosen benchmark (S&P 500 Index).

Guggenheim SMid Cap Value Fund provided a 14.41% dividend yield over the last twelve months, with an annual payout of $4.91 per share.

The table displays the monthly dividend distributions for Guggenheim SMid Cap Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Guggenheim SMid Cap Value Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Guggenheim SMid Cap Value Fund was 50.99%, occurring on Mar 9, 2009. Recovery took 278 trading sessions.

The current Guggenheim SMid Cap Value Fund drawdown is 11.63%.

The chart below shows the rolling one-month volatility.