| Security Name | Ticker | % of Net Assets |
|---|---|---|
| LINDE PLC | LIN | 4.01% |
| NEWMONT CORP | NEM | 2.90% |
| SHERWIN-WILLIAMS CO | SHW | 2.48% |
| ECOLAB INC | ECL | 2.32% |
| FREEPORT-MCMORAN COPPER-B | FCX | 2.30% |
| AIR PRODUCTS & CHEMICALS | APD | 2.08% |
| CORTEVA INC | CTVA | 1.89% |
| VULCAN MATERIALS CO | VMC | 1.76% |
| MARTIN MARIETTA MATERIALS | MLM | 1.75% |
| NUCOR CORPORATION | NUE | 1.67% |
| BARRICK MINING CORP | B | 1.52% |
| ALBEMARLE CORPORATION | ALB | 1.39% |
| PPG INDUSTRIES, INC. | PPG | 1.37% |
| CRH PLC | CRH | 1.36% |
| STEEL DYNAMICS INC | STLD | 1.35% |
| AGNICO EAGLE MINES, LTD. | AEM | 1.33% |
| INTL PAPER COMPANY | IP | 1.26% |
| VALE SA | VALE | 1.22% |
| PACKAGING CORP AMER | PKG | 1.21% |
| ROYAL GOLD INC | RGLD | 1.19% |
| KINROSS GOLD CORP | KGC | 1.19% |
| INTL FLAVORS & FRAGRANCE | IFF | 1.17% |
| DUPONT DE NEMOURS INC | DD | 1.16% |
| AMCOR PLC | AMCR | 1.14% |
| DOW INC | DOW | 1.13% |
| JAMES HARDIE IND PLC | JHX | 1.13% |
| NUTRIEN LTD | NTR | 1.11% |
| RELIANCE INC | RS | 1.11% |
| WHEATON PRECIOUS METALS | WPM | 1.10% |
| RIO TINTO ADR | RIO | 1.08% |
| PAN AMERICAN SILVER CORP | PAAS | 1.08% |
| BHP GROUP LTD-SPON ADR | BHP | 1.07% |
| SMURFIT WESTROCK PLC | SW | 1.07% |
| BALL CORPORATION | BLL | 1.07% |
| AVERY DENNISON | AVY | 1.07% |
| ANGLOGOLD ASHANTI PLC | AU | 1.06% |
| TECK RESOURCES LTD | TECK | 1.05% |
| RPM INC | RPM | 1.04% |
| FRANCO-NEVADA CO | FNV | 1.03% |
| CEMEX SE -SPONS ADR PART | CX | 1.02% |
| B2GOLD CORP | BTG | 1.00% |
| SOUTHERN COPPER CORP. | SCCO | 1.00% |
| CROWN HOLDINGS, INC. | CCK | 0.99% |
| ALAMOS GOLD INC | AGI | 0.98% |
| CF INDUSTRIES HOLDINGS | CF | 0.98% |
| FIRST MAJESTIC S | AG | 0.97% |
| EQUINOX GOLD CORP | EQX | 0.97% |
| IAMGOLD CORPORATION | IAG | 0.96% |
| HUDBAY MINERALS INC | HBM | 0.96% |
| GOLD FIELDS LTD-SP ADR | GFI | 0.96% |
| SIBANYE-STILLWATER LTD-AD | SBSW | 0.94% |
| LYONDELLBASELL-A | LYB | 0.94% |
| ALCOA CORPORATION | AA | 0.93% |
| ARCELORMITTAL -NY | MT | 0.93% |
| HECLA MINING CO | HL | 0.92% |
| HARMONY GOLD MNG -SPON AD | HMY | 0.91% |
| NEW GOLD INC | NGD | 0.90% |
| FORTUNA MINING CORP | FSM | 0.89% |
| ELDORADO GOLD CORP | EGO | 0.88% |
| NOVAGOLD RESOURCES INC | NG | 0.88% |
| ENDEAVOUR SILVER | EXK | 0.87% |
| OR ROYALTIES INC | OR | 0.86% |
| APTARGROUP | ATR | 0.82% |
| COEUR MINING INC | CDE | 0.81% |
| COMMERCIAL METALS COMPANY | CMC | 0.79% |
| TMC THE METALS CO INC | TMC | 0.78% |
| SOLSTICE ADV MATERIALS IN | SOLS | 0.78% |
| MOSAIC COMPANY | MOS | 0.77% |
| MP MATERIALS CORP | MP | 0.77% |
| EASTMAN CHEMICAL COMPANY | EMN | 0.76% |
| AXALTA COATING S | AXTA | 0.73% |
| CLEVELAND-CLIFFS, INC. | CLF | 0.72% |
| SEALED AIR | SEE | 0.71% |
| ELEMENT SOLUTIONS INC | ESI | 0.68% |
| LOUISIANA-PACIFIC CORP | LPX | 0.65% |
| CELANESE CORP | CE | 0.62% |
| GRAPHIC PACKAGING HOLDING | GPK | 0.60% |
| SONOCO PRODUCTS CO | SON | 0.59% |
| WARRIOR MET COAL | HCC | 0.57% |
| KNIFE RIVER CORP | KNF | 0.57% |
| SSR MINING INC | SSRM | 0.57% |
| EAGLE MATERIALS INC. | EXP | 0.55% |
| SILGAN HOLDINGS | SLGN | 0.54% |
| THE SCOTTS MIRACLE-GRO CO | SMG | 0.47% |
| WESTLAKE CORP | WLK | 0.45% |
| OLIN CORP | OLN | 0.43% |
| SENSIENT TECHNOLOGIES COR | SXT | 0.40% |
| PERPETUA RESOURCES CORP | PPTA | 0.38% |
| HUNTSMAN CORP | HUN | 0.37% |
| Century Aluminum Co | CENX | 0.36% |
| CHEMOURS CO | CC | 0.36% |
| BALCHEM CORP | BCPC | 0.35% |
| FMC CORP | FMC | 0.35% |
| USA RARE EARTH INC | USAR | 0.32% |
| TRIMAS CORP | TRS | 0.32% |
| PURECYCLE TECHNOLOGIES IN | PCT | 0.30% |
| INNOSPEC INC | IOSP | 0.27% |
| HAWKINS INC | HWKN | 0.26% |
| RAMACO RESOURCES INC | METC | 0.23% |
| US ANTIMONY CORP | UAMY | 0.20% |
| ASP ISOTOPES INC | ASPI | 0.20% |
| Other (Cash, derivatives and other liabilities) | 0.74% | |
| 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 Partners Europe Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Private Investments, LLC.
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