CLAYMORE EXCHANGE-TRADED FUND TRUST 2

Guggenheim S&P BSE MidCap Select India ETF

Guggenheim S&P BSE SENSEX India ETF
(the “Funds”)

Supplement to the Funds’ Prospectus dated August 3, 2017

The above-listed Funds are not yet in operation and thus are not currently offered by the Claymore Exchange-Traded Fund Trust 2.

Claymore Exchange-Traded Fund Trust 2

227 West Monroe Street

Chicago, Illinois 60606

Please Retain This Supplement For Future Reference.

August 3, 2017 ETF-BSE-SUP