| Security Name | Ticker | % of Net Assets |
|---|---|---|
| LINDE PLC | LIN | 4.18% |
| NEWMONT CORP | NEM | 2.90% |
| FREEPORT-MCMORAN INC | FCX | 2.58% |
| NUCOR CORP | NUE | 2.27% |
| SHERWIN-WILLIAMS CO/THE | SHW | 2.21% |
| AIR PRODUCTS AND CHEMICALS INC | APD | 2.14% |
| ECOLAB INC | ECL | 2.04% |
| CORTEVA INC | CTVA | 1.99% |
| STEEL DYNAMICS INC | STLD | 1.76% |
| VULCAN MATERIALS CO | VMC | 1.60% |
| COEUR MINING INC | CDE | 1.58% |
| MARTIN MARIETTA MATERIALS INC | MLM | 1.52% |
| BARRICK MINING CORP | B | 1.41% |
| VALE SA | VALE | 1.40% |
| DOW INC | DOW | 1.36% |
| CRH PLC | CRH | 1.36% |
| PPG INDUSTRIES INC | PPG | 1.34% |
| ALBEMARLE CORP | ALB | 1.32% |
| BHP GROUP LTD | BHP | 1.29% |
| RELIANCE INC | RS | 1.29% |
| DUPONT DE NEMOURS INC | DD | 1.25% |
| TECK RESOURCES LTD | TECK | 1.24% |
| RIO TINTO PLC | RIO | 1.22% |
| PACKAGING CORP OF AMERICA | PKG | 1.17% |
| INTERNATIONAL FLAVORS & FRAGRANCES INC | IFF | 1.17% |
| CEMEX SAB DE CV | CX | 1.16% |
| LYONDELLBASELL INDUSTRIES NV | LYB | 1.12% |
| ROYAL GOLD INC | RGLD | 1.09% |
| AGNICO EAGLE MINES LTD | AEM | 1.07% |
| ALCOA CORP | AA | 1.07% |
| PAN AMERICAN SILVER CORP | PAAS | 1.07% |
| CF INDUSTRIES HOLDINGS INC | CF | 1.06% |
| HUDBAY MINERALS INC | HBM | 1.06% |
| JAMES HARDIE INDUSTRIES PLC | JHX | 1.06% |
| ARCELORMITTAL SA | MT | 1.06% |
| SOLSTICE ADVANCED MATERIALS INC | SOLS | 1.04% |
| SOUTHERN COPPER CORP | SCCO | 1.04% |
| INTERNATIONAL PAPER CO | IP | 1.04% |
| KINROSS GOLD CORP | KGC | 1.03% |
| AMCOR PLC | AMCR | 1.00% |
| SMURFIT WESTROCK PLC | SW | 1.00% |
| ELEMENT SOLUTIONS INC | ESI | 1.00% |
| WHEATON PRECIOUS METALS CORP | WPM | 1.00% |
| BALL CORP | BALL | 0.99% |
| HARMONY GOLD MINING CO LTD | HMY | 0.96% |
| AMRIZE LTD | AMRZ | 0.95% |
| B2GOLD CORP | BTG | 0.94% |
| RPM INTERNATIONAL INC | RPM | 0.94% |
| ANGLOGOLD ASHANTI PLC | AU | 0.94% |
| NUTRIEN LTD | NTR | 0.92% |
| AVERY DENNISON CORP | AVY | 0.90% |
| FRANCO-NEVADA CORP | FNV | 0.89% |
| EQUINOX GOLD CORP | EQX | 0.87% |
| FIRST MAJESTIC SILVER CORP | AG | 0.87% |
| CROWN HOLDINGS INC | CCK | 0.86% |
| HECLA MINING CO | HL | 0.83% |
| COMMERCIAL METALS CO | CMC | 0.83% |
| ALAMOS GOLD INC | AGI | 0.82% |
| ENDEAVOUR SILVER CORP | EXK | 0.82% |
| SIBANYE STILLWATER LTD | SBSW | 0.80% |
| IAMGOLD CORP | IAG | 0.80% |
| MP MATERIALS CORP | MP | 0.80% |
| FORTUNA MINING CORP | FSM | 0.78% |
| GOLD FIELDS LTD | GFI | 0.78% |
| OR ROYALTIES INC | OR | 0.77% |
| EASTMAN CHEMICAL CO | EMN | 0.75% |
| ELDORADO GOLD CORP | EGO | 0.75% |
| TMC THE METALS CO INC | TMC | 0.75% |
| CLEVELAND-CLIFFS INC | CLF | 0.74% |
| APTARGROUP INC | ATR | 0.70% |
| EAGLE MATERIALS INC | EXP | 0.69% |
| SSR MINING INC | SSRM | 0.69% |
| AXALTA COATING SYSTEMS LTD | AXTA | 0.66% |
| NOVAGOLD RESOURCES INC | NG | 0.63% |
| CELANESE CORP | CE | 0.61% |
| USA RARE EARTH INC | USAR | 0.60% |
| PURECYCLE TECHNOLOGIES INC | PCT | 0.58% |
| CHEMOURS CO/THE | CC | 0.57% |
| WARRIOR MET COAL INC | HCC | 0.57% |
| MOSAIC CO/THE | MOS | 0.56% |
| LOUISIANA-PACIFIC CORP | LPX | 0.56% |
| SENSIENT TECHNOLOGIES CORP | SXT | 0.55% |
| SONOCO PRODUCTS CO | SON | 0.55% |
| KNIFE RIVER CORP | KNF | 0.55% |
| Century Aluminum Co | CENX | 0.51% |
| SILGAN HOLDINGS INC | SLGN | 0.47% |
| OLIN CORP | OLN | 0.46% |
| GRAPHIC PACKAGING HOLDING CO | GPK | 0.46% |
| SCOTTS MIRACLE-GRO CO/THE | SMG | 0.43% |
| WESTLAKE CORP | WLK | 0.42% |
| INNOSPEC INC | IOSP | 0.40% |
| HUNTSMAN CORP | HUN | 0.40% |
| PERPETUA RESOURCES CORP | PPTA | 0.38% |
| FMC CORP | FMC | 0.34% |
| TRIMAS CORP | TRS | 0.32% |
| BALCHEM CORP | BCPC | 0.30% |
| UNITED STATES ANTIMONY CORP | UAMY | 0.25% |
| CRITICAL METALS CORP | CRML | 0.24% |
| RAMACO RESOURCES INC | METC | 0.21% |
| HAWKINS INC | HWKN | 0.20% |
| ASP ISOTOPES INC | ASPI | 0.19% |
| Other (Cash, derivatives and other liabilities) | 0.34% | |
| Total: | ||
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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 Private Investments, LLC, Guggenheim Investments Loan Advisors, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Japan Limited, and GS GAMMA Advisors, LLC.
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