| Security Name | Ticker | % of Net Assets |
|---|---|---|
| LINDE PLC | LIN | 4.28% |
| FREEPORT-MCMORAN INC | FCX | 2.99% |
| NEWMONT CORP | NEM | 2.98% |
| SHERWIN-WILLIAMS CO/THE | SHW | 2.49% |
| ECOLAB INC | ECL | 2.37% |
| AIR PRODUCTS AND CHEMICALS INC | APD | 2.16% |
| NUCOR CORP | NUE | 2.10% |
| ANGLOGOLD ASHANTI PLC | AU | 1.85% |
| VYLOR INC | VYLR | 1.82% |
| STEEL DYNAMICS INC | STLD | 1.62% |
| VULCAN MATERIALS CO | VMC | 1.57% |
| MARTIN MARIETTA MATERIALS INC | MLM | 1.50% |
| PPG INDUSTRIES INC | PPG | 1.37% |
| RELIANCE INC | RS | 1.31% |
| CRH PLC | CRH | 1.30% |
| SOUTHERN COPPER CORP | SCCO | 1.30% |
| BARRICK MINING CORP | B | 1.28% |
| AGNICO EAGLE MINES LTD | AEM | 1.27% |
| INTERNATIONAL FLAVORS & FRAGRANCES INC | IFF | 1.26% |
| VALE SA | VALE | 1.25% |
| DOW INC | DOW | 1.24% |
| PACKAGING CORP OF AMERICA | PKG | 1.24% |
| ROYAL GOLD INC | RGLD | 1.21% |
| DUPONT DE NEMOURS INC | DD | 1.19% |
| SMURFIT WESTROCK PLC | SW | 1.15% |
| TECK RESOURCES LTD | TECK | 1.15% |
| BHP GROUP LTD | BHP | 1.14% |
| INTERNATIONAL PAPER CO | IP | 1.12% |
| WHEATON PRECIOUS METALS CORP | WPM | 1.11% |
| CF INDUSTRIES HOLDINGS INC | CF | 1.09% |
| RIO TINTO PLC | RIO | 1.09% |
| HUDBAY MINERALS INC | HBM | 1.09% |
| COEUR MINING INC | CDE | 1.07% |
| AMCOR PLC | AMCR | 1.07% |
| BALL CORP | BALL | 1.07% |
| JAMES HARDIE INDUSTRIES PLC | JHX | 1.05% |
| LYONDELLBASELL INDUSTRIES NV | LYB | 1.05% |
| EQUINOX GOLD CORP | EQX | 1.04% |
| PAN AMERICAN SILVER CORP | PAAS | 1.03% |
| B2GOLD CORP | BTG | 1.03% |
| FRANCO-NEVADA CORP | FNV | 1.02% |
| NUTRIEN LTD | NTR | 1.02% |
| AMRIZE LTD | AMRZ | 1.02% |
| AVERY DENNISON CORP | AVY | 1.01% |
| ALAMOS GOLD INC | AGI | 0.98% |
| FIRST MAJESTIC SILVER CORP | AG | 0.98% |
| IAMGOLD CORP | IAG | 0.96% |
| KINROSS GOLD CORP | KGC | 0.96% |
| RPM INTERNATIONAL INC | RPM | 0.96% |
| ALBEMARLE CORP | ALB | 0.94% |
| CROWN HOLDINGS INC | CCK | 0.92% |
| ELDORADO GOLD CORP | EGO | 0.92% |
| CEMEX SAB DE CV | CX | 0.92% |
| ALCOA CORP | AA | 0.91% |
| FORTUNA MINING CORP | FSM | 0.90% |
| ARCELORMITTAL SA | MT | 0.89% |
| ELEMENT SOLUTIONS INC | ESI | 0.88% |
| HECLA MINING CO | HL | 0.87% |
| HARMONY GOLD MINING CO LTD | HMY | 0.86% |
| SOLSTICE ADVANCED MATERIALS INC | SOLS | 0.83% |
| GOLD FIELDS LTD | GFI | 0.83% |
| ENDEAVOUR SILVER CORP | EXK | 0.81% |
| SIBANYE STILLWATER LTD | SBSW | 0.78% |
| APTARGROUP INC | ATR | 0.77% |
| CLEVELAND-CLIFFS INC | CLF | 0.76% |
| COMMERCIAL METALS CO | CMC | 0.76% |
| MP MATERIALS CORP | MP | 0.74% |
| EASTMAN CHEMICAL CO | EMN | 0.74% |
| AXALTA COATING SYSTEMS LTD | AXTA | 0.72% |
| SSR MINING INC | SSRM | 0.71% |
| MOSAIC CO/THE | MOS | 0.67% |
| SENSIENT TECHNOLOGIES CORP | SXT | 0.65% |
| EAGLE MATERIALS INC | EXP | 0.62% |
| SONOCO PRODUCTS CO | SON | 0.61% |
| CELANESE CORP | CE | 0.60% |
| WARRIOR MET COAL INC | HCC | 0.59% |
| LOUISIANA-PACIFIC CORP | LPX | 0.57% |
| USA RARE EARTH INC | USAR | 0.57% |
| AURA MINERALS INC | AUGO | 0.52% |
| BALCHEM CORP | BCPC | 0.48% |
| SILGAN HOLDINGS INC | SLGN | 0.47% |
| KNIFE RIVER CORP | KNF | 0.45% |
| ALMONTY INDUSTRIES INC | ALM | 0.45% |
| GRAPHIC PACKAGING HOLDING CO | GPK | 0.43% |
| Century Aluminum Co | CENX | 0.42% |
| WESTLAKE CORP | WLK | 0.40% |
| SCOTTS MIRACLE-GRO CO/THE | SMG | 0.38% |
| CHEMOURS CO/THE | CC | 0.38% |
| OLIN CORP | OLN | 0.37% |
| PERPETUA RESOURCES CORP | PPTA | 0.34% |
| HUNTSMAN CORP | HUN | 0.33% |
| CORTEVA INC | CTVA | 0.31% |
| HYCROFT MINING HOLDING CORP | HYMC | 0.27% |
| KAISER ALUMINUM CORP | KALU | 0.26% |
| FMC CORP | FMC | 0.26% |
| TRIMAS CORP | TRS | 0.25% |
| CRITICAL METALS CORP | CRML | 0.23% |
| INNOSPEC INC | IOSP | 0.22% |
| PURECYCLE TECHNOLOGIES INC | PCT | 0.21% |
| HAWKINS INC | HWKN | 0.20% |
| UNITED STATES ANTIMONY CORP | UAMY | 0.18% |
| ASP ISOTOPES INC | ASPI | 0.16% |
| RAMACO RESOURCES INC | METC | 0.14% |
| Other (Cash, derivatives and other liabilities) | 0.34% | |
| Total: | ||
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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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