When a company such as RYF splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the RYF split history from start to finish, an original position size of 1000 shares would have turned into 1432 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RYF shares, starting with a $10,000 purchase of RYF, presented on a split-history-adjusted basis factoring in the complete RYF split history.

About RYF

Rydex ETF Trusts - Guggenheim S&P 500 Equal Weight Financialsis an open-end management investment company. The Fund's investment objective is to replicate as closely as possible, before fees and expenses, the daily performance of the S&P 500 Equal Weight Financials Index (the "Underlying Index"). The Fund seeks to achieve their objective by investing in common stocks or ETFs, where applicable, that comprise the Underlying Index. The Fund uses a replication strategy to track the Underlying Index. As of Oct 31 2014, the Fund's total assets were $136,364,796 and the Fund's investment portfolio was valued at $136,279,165. According to our RYF split history records, RYF has had 1 split.

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