Guggenheim Defender ETF (DEF)

27.68 +0.06  +0.21%  May 25, 11:00PM Go Pro
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Guggenheim Defender ETF Beta: 0.7462

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DEF Beta Range, Past 5 Years

Minimum 0.7462 Apr 2012
Maximum 0.8577 Dec 2009
Average 0.8017

About Beta 60 Month

YCharts calculates the 60 month market beta by regressing stock returns less the risk free rate of returns on the market returns less the risk free rate of return (Market returns come from the S&P 500 Total Returns Index (SPXTR), and the risk free rate is the 4 Week Average T-Bill (Monthly). There must be a minimum of 36 months of stock returns for a company to have its beta calculated.

Beta is a measure of the risk of a stock when it is included in a well-diversified portfolio.

In financial theory, the Capital Asset Pricing Model breaks down expected stock returns into two components. The first is the return that would be expected based on covariance with the movements of the market (for most stocks, when the market as a whole goes up, the price of the stock will also go up). The second part is the increase in the price of a stock that is not explained by the market. The first part - covariance with the market - is what Beta captures.

When Beta is positive, the stock price tends to move in the same direction as the market, and the magnitude of Beta tells by how much. If a stock's Beta is greater than 1, that means that when the market index goes up 1%, we expect the stock will go up by more than 1%. On the contrary, if the market goes down by 1%, we expect the stock to go down by more than 1%. Negative Betas, while rare, signify a negative correlation. When the market goes up, we would expect the stock price to go down.

For readers with a background in regression analysis, Beta is the slope of the linear regression shown in the formula below, where Returns are the return on an individual stock or portfolio, Rf is the risk free rate, RMarket is the return on a market portfolio, and e is an error term.
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DEF News

3 Defensive Equity ETFs For Earnings Season
Apr 16, 8:25AM Seeking Alpha
Defensive Equity ETFs For Earnings Season
Apr 11, 1:00PM ETF Database
Playing Defense With ETFs
Jul 28, 4:42PM
EPB To Trade Ex-Div
Jul 25, 2:02PM
RT @ScottMartindale Reading on Morningstar: Five Overlooked 5-Star ETFs: http://bit.ly/aHYkoD $DEF $PWV $SDY $VIG $FVG #etf
about 499 days ago by livethelife
Guggenheim Name Replaces Claymore
Sep 27, 8:21PM ETFguide
Value ETFs Rise Amid Market Weakness - TheStreet http://t.co/XGfDwCp $DEF $UTH $XLU $IDU $FDV $DTD $$ #etf #stocks #investing
about 643 days ago by ScottMartindale
RT @BloggingStocks Claymore/Sabrient Defensive Equity: Low-Beta Buys - BloggingStocks $DEF http://bit.ly/bY8uJP $SPY $$ #mkt #stocks #invest
about 643 days ago by ScottMartindale
Article: Five Unloved, Illiquid ETFs Worth a Look - TheStreet: http://bit.ly/cDcBK0 $DEF $CHIB $ROB $FRN $EVX #etf $$
about 656 days ago by ScottMartindale
Five Unloved, Illiquid ETFs Worth a Look - TheStreet: http://bit.ly/cDcBK0 $$ $DEF #mkt #etf #investing
about 656 days ago by ScottMartindale
Five Overlooked 5-Star ETFs
Jul 27, 3:33PM Morningstar.com
RT @greenfaucet: 5 Defensive #ETF s for when the market corrects http://tinyurl.com/yjqys86 $DEF $XLU $XLP $PBJ $GDX
about 838 days ago by ScottMartindale
"Five Defensive ETFs To Own When The Market Corrects" http://tinyurl.com/yh9vsbo $DEF $XLU $XLP $PBJ $GDX
about 838 days ago by Selfinvestor
Reading: Claymore ETFs Receive 5- & 4-Star Morningstar Ratings... $NFO $DEF $EEB $OTP http://bit.ly/4RjMwC #etf #mkt #investing
about 859 days ago by ScottMartindale
Just posted: 4-STAR Morningstar Ratings granted to Sabrient-based ETFs: $NFO $DEF http://Sabrient.com/blog #mkt #etf #investing
about 866 days ago by ScottMartindale
Note to investors: $DEF & $NFO are Sabrient-based alpha-oriented ETFs that recently got 4-STAR Morningstar Ratings. #etf #mkt #investing #fb
about 869 days ago by ScottMartindale
http://bit.ly/6OcvR6 Safe ETFs did best How great a ticker is $DEF Bad for $SLV $XLF $IYR Why would anyone want a REIT?
about 903 days ago by phoneranger
Five ETFs For A Double Dip Recession http://bit.ly/TTaac $DEF $DMM $GLD $SH $VXX
about 931 days ago by mjohnsto
Dejour Ent. $DEF and $DEJ.T releases updated presentation with 2009-10 go-forward strategy. Huge upside - more at: http://tinyurl.com/ntgxdw
about 1050 days ago by bullstocks
going to only buy stocks that match rapper names from now on. like $MOS $DEF ; it's as good a strategy as any. Long $CENT
about 1320 days ago by dickc

Recent Quotes

Symbol Price Chg Chg % Market Cap
DEF 27.68 +0.06 +0.21%
DEER 2.97 +0.08 +2.77% 99.76M
DECK 58.12 +2.00 +3.56% 2.249B
DE 75.14 -0.53 -0.70% 30.19B
DDS 69.49 -0.32 -0.46% 3.436B
CTXS 75.43 -0.26 -0.34% 14.00B
CTWS 27.65 -0.09 -0.32% 243.04M
CTSH 60.00 -0.11 -0.18% 18.20B
CTS 9.37 -0.08 -0.85% 320.45M
CTRP 18.36 -0.18 -0.97% 2.635B
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