| Rydex ETF - Guggenheim S&P 500 Equal Weighted Index Fund is an open-ended investment company. Co. seeks to replicate the performance of the S&P 500® Equal Weight Index (the Index). The Index is an unmanaged equal-weighted version of the S&P 500® Index, which measures the performance of the capitalization sector of the U.S. equity market and includes 500 common stocks chosen for market size, liquidity and industry group representation. As of Oct 31 2014, the Fund's total assets were $9,215,740,783 and the Fund's investment portfolio was valued at $9,206,894,216. We show 1 historical shares outstanding datapoints in our RSP shares outstanding history coverage, used to compute RSP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RSP market cap history over the course of time is important for investors
interested in comparing RSP's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of RSP versus a peer is one thing; comparing
RSP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like RSP can fluctuate over the course of history.
With this page we aim to empower investors researching RSP by allowing them to research the RSP market cap history.