| Security Name | Ticker | % of Net Assets |
|---|---|---|
| LINDE PLC | LIN | 3.83% |
| NEWMONT CORP | NEM | 3.00% |
| FREEPORT-MCMORAN COPPER-B | FCX | 2.58% |
| SHERWIN-WILLIAMS CO | SHW | 2.42% |
| ECOLAB INC | ECL | 2.19% |
| AIR PRODUCTS & CHEMICALS | APD | 2.03% |
| CORTEVA INC | CTVA | 1.77% |
| VULCAN MATERIALS CO | VMC | 1.66% |
| MARTIN MARIETTA MATERIALS | MLM | 1.65% |
| NUCOR CORPORATION | NUE | 1.57% |
| BARRICK MINING CORP | B | 1.57% |
| ALBEMARLE CORPORATION | ALB | 1.46% |
| AGNICO EAGLE MINES, LTD. | AEM | 1.41% |
| PPG INDUSTRIES, INC. | PPG | 1.28% |
| KINROSS GOLD CORP | KGC | 1.26% |
| ROYAL GOLD INC | RGLD | 1.26% |
| INTL PAPER COMPANY | IP | 1.25% |
| STEEL DYNAMICS INC | STLD | 1.22% |
| CRH PLC | CRH | 1.22% |
| VALE SA | VALE | 1.21% |
| ALCOA CORPORATION | AA | 1.20% |
| JAMES HARDIE IND PLC | JHX | 1.16% |
| PACKAGING CORP AMER | PKG | 1.16% |
| DOW INC | DOW | 1.15% |
| INTL FLAVORS & FRAGRANCE | IFF | 1.14% |
| WHEATON PRECIOUS METALS | WPM | 1.12% |
| DUPONT DE NEMOURS INC | DD | 1.12% |
| ANGLOGOLD ASHANTI PLC | AU | 1.10% |
| PAN AMERICAN SILVER CORP | PAAS | 1.10% |
| SMURFIT WESTROCK PLC | SW | 1.10% |
| SOUTHERN COPPER CORP. | SCCO | 1.09% |
| TECK RESOURCES LTD | TECK | 1.09% |
| AMCOR PLC | AMCR | 1.09% |
| FIRST MAJESTIC S | AG | 1.09% |
| RIO TINTO ADR | RIO | 1.07% |
| SIBANYE-STILLWATER LTD-AD | SBSW | 1.07% |
| HECLA MINING CO | HL | 1.07% |
| RELIANCE INC | RS | 1.06% |
| BHP GROUP LTD-SPON ADR | BHP | 1.04% |
| FRANCO-NEVADA CO | FNV | 1.04% |
| BALL CORPORATION | BLL | 1.04% |
| HUDBAY MINERALS INC | HBM | 1.04% |
| NEW GOLD INC | NGD | 1.01% |
| ALAMOS GOLD INC | AGI | 1.01% |
| NUTRIEN LTD | NTR | 0.99% |
| AVERY DENNISON | AVY | 0.98% |
| RPM INC | RPM | 0.98% |
| GOLD FIELDS LTD-SP ADR | GFI | 0.97% |
| CEMEX SE -SPONS ADR PART | CX | 0.97% |
| ENDEAVOUR SILVER | EXK | 0.96% |
| IAMGOLD CORPORATION | IAG | 0.96% |
| ELDORADO GOLD CORP | EGO | 0.95% |
| LYONDELLBASELL-A | LYB | 0.95% |
| CF INDUSTRIES HOLDINGS | CF | 0.93% |
| EQUINOX GOLD CORP | EQX | 0.92% |
| CROWN HOLDINGS, INC. | CCK | 0.92% |
| OR ROYALTIES INC | OR | 0.91% |
| COEUR MINING INC | CDE | 0.90% |
| HARMONY GOLD MNG -SPON AD | HMY | 0.90% |
| B2GOLD CORP | BTG | 0.90% |
| ARCELORMITTAL -NY | MT | 0.87% |
| FORTUNA MINING CORP | FSM | 0.86% |
| NOVAGOLD RESOURCES INC | NG | 0.83% |
| MP MATERIALS CORP | MP | 0.83% |
| TMC THE METALS CO INC | TMC | 0.80% |
| SOLSTICE ADV MATERIALS IN | SOLS | 0.79% |
| APTARGROUP | ATR | 0.74% |
| COMMERCIAL METALS COMPANY | CMC | 0.74% |
| MOSAIC COMPANY | MOS | 0.73% |
| EASTMAN CHEMICAL COMPANY | EMN | 0.72% |
| AXALTA COATING S | AXTA | 0.69% |
| CLEVELAND-CLIFFS, INC. | CLF | 0.68% |
| ELEMENT SOLUTIONS INC | ESI | 0.66% |
| SEALED AIR | SEE | 0.63% |
| LOUISIANA-PACIFIC CORP | LPX | 0.63% |
| WARRIOR MET COAL | HCC | 0.62% |
| CELANESE CORP | CE | 0.60% |
| SONOCO PRODUCTS CO | SON | 0.59% |
| SSR MINING INC | SSRM | 0.56% |
| GRAPHIC PACKAGING HOLDING | GPK | 0.55% |
| KNIFE RIVER CORP | KNF | 0.53% |
| EAGLE MATERIALS INC. | EXP | 0.53% |
| SILGAN HOLDINGS | SLGN | 0.51% |
| Century Aluminum Co | CENX | 0.48% |
| WESTLAKE CORP | WLK | 0.47% |
| THE SCOTTS MIRACLE-GRO CO | SMG | 0.45% |
| OLIN CORP | OLN | 0.42% |
| CHEMOURS CO | CC | 0.40% |
| PERPETUA RESOURCES CORP | PPTA | 0.39% |
| FMC CORP | FMC | 0.37% |
| SENSIENT TECHNOLOGIES COR | SXT | 0.36% |
| HUNTSMAN CORP | HUN | 0.36% |
| PURECYCLE TECHNOLOGIES IN | PCT | 0.35% |
| USA RARE EARTH INC | USAR | 0.33% |
| BALCHEM CORP | BCPC | 0.32% |
| TRIMAS CORP | TRS | 0.29% |
| US ANTIMONY CORP | UAMY | 0.28% |
| RAMACO RESOURCES INC | METC | 0.28% |
| INNOSPEC INC | IOSP | 0.25% |
| HAWKINS INC | HWKN | 0.25% |
| ASP ISOTOPES INC | ASPI | 0.22% |
| Other (Cash, derivatives and other liabilities) | 0.95% | |
| Total: | ||
Read a prospectus and summary prospectus (if available) carefully before investing. It contains the investment objective, risks charges, expenses and the other information, which should be considered carefully before investing. To obtain a prospectus and summary prospectus (if available) click here or call 800.820.0888.
Investing involves risk, including the possible loss of principal.
Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Wealth Solutions, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Private Investments, LLC.
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