RYDEX ETF TRUST

CUSIP: 78355W106 Class: COM

MERITAGE PORTFOLIO MANAGEMENT's Holding History (CIK: 0000881432)

Note: Option positions (PUT/CALL) are excluded.

Q1 2015
Shares 2,892 Value ($000) $234 Avg Close — Range —
Q4 2014
Shares 2,892 Value ($000) $232 Avg Close — Range —
Q3 2014
Shares 3,628 Value ($000) $275 Avg Close — Range —
Q2 2014
Shares 4,629 Value ($000) $355 Avg Close — Range —
Q1 2014
Shares 5,174 Value ($000) $378 Avg Close — Range —
Q4 2013
Shares 6,569 Value ($000) $468 Avg Close — Range —
Q3 2013
Shares 6,458 Value ($000) $421 Avg Close — Range —
Q2 2013
Shares 6,550 Value ($000) $401 Avg Close — Range —