# EDGAR Filing Document

**Accession Number:** 0001064046
**File Stem:** 0000940400-26-023152
**Filing Date:** 2026-6
**Character Count:** 60751
**Document Hash:** 8594a07afa5a539e97de81500c17e8a8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-023152.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0000940400-26-023152

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RYDEX VARIABLE TRUST
- **CENTRAL INDEX KEY:** 0001064046

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08821
- **FILM NUMBER:** 261049148

**BUSINESS ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850
- **BUSINESS PHONE:** 301-296-5100

**MAIL ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850

## Series and Classes Contracts Data

### Financial Services Fund (Series ID: S000003716)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000010385 | Variable Annuity |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Rydex Variable Trust

- **b. Investment Company Act file number:** 811-08821

- **c. CIK number of Registrant:** 0001064046

- **d. LEI of Registrant:** 549300LJH0YR8RY3N305

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 702 KING FARM BOULEVARD

  - **City:** ROCKVILLE

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20850

  - **Telephone number:** 301-296-5100

**Item A.2. Information about the Series.**

- **a. Name of Series:** Financial Services Fund

- **b. EDGAR series identifier (if any):** S000003716

- **c. LEI of Series:** 549300U0TQVWUWWVEO72

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $8417322.85

**Total Liabilities:** $47398.54

**Net Assets:** $8369924.31

**Cash Not Reported:** $49.61

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010385 | -0.46%               | -2.87%               | -4.98%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $30049.69                | $-70884.85                                 |
| Month 2  | $490100.72               | $-647764.94                                |
| Month 3  | $-251457.23              | $-532523.05                                |

### Schedule of Portfolio Investments

| Name                                               | Title                                                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Corpay Inc                                         | Corpay Inc COM SHS                                             | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |       123 | NS      | $35791.77     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTRA SPACE STORAGE INC                            | Extra Space Storage Inc. COM                                   | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |       331 | NS      | $43404.03     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                           | American Express Company COM                                   | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |       345 | NS      | $104355.60    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                            | KeyCorp COM                                                    | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |      2051 | NS      | $41122.55     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Selective Insurance Group Inc.                     | Selective Insurance Group Inc. COM                             | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |       227 | NS      | $17113.53     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc                       | Citizens Financial Group Inc COM                               | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |       722 | NS      | $43298.34     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd.                                     | HDFC Bank Ltd. SPONSORED ADS                                   | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |      1937 | NS      | $48192.56     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                            | Berkshire Hathaway Inc. CL B NEW                               | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |       561 | NS      | $268831.20    | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc                                | Coinbase Global Inc COM CL A                                   | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |       315 | NS      | $55002.15     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial Inc.                          | Corebridge Financial Inc. COM                                  | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |       967 | NS      | $23072.62     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac Incorporated                                 | Aflac Incorporated COM                                         | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |       552 | NS      | $60559.92     | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities, Inc.                              | Sun Communities, Inc. COM                                      | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |       257 | NS      | $32371.72     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp.                                   | Brookfield Corp. CL A LTD VT SH                                | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |      1481 | NS      | $59936.07     | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd                                        | Invesco Ltd COM STK USD0.20                                    | CUSIP: 000000000<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | BM        |      1193 | NS      | $28977.97     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Jack & Associates Inc.                       | Henry Jack & Associates Inc. COM                               | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |       178 | NS      | $28131.12     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc.                          | Digital Realty Trust Inc. COM                                  | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |       376 | NS      | $67758.96     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.                        | AvalonBay Communities, Inc. COM                                | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |       244 | NS      | $39857.40     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corporation                               | M&T Bank Corporation COM                                       | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |       235 | NS      | $48579.20     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                                     | S&P Global Inc COM                                             | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       228 | NS      | $96977.52     | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc                       | Apollo Global Management Inc COM                               | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |       556 | NS      | $61949.52     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                          | Block Inc CL A                                                 | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |       881 | NS      | $53018.58     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| NU HOLDINGS LTD                                    | Nu Holdings Ltd. ORD SHS CL A                                  | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |      4746 | NS      | $68200.02     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                         | Ameriprise Financial, Inc. COM                                 | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |       124 | NS      | $55105.60     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                     | Morgan Stanley COM NEW                                         | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |       765 | NS      | $125896.05    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corp.                  | The Bank of New York Mellon Corp. COM                          | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |       651 | NS      | $77228.13     | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                                | Synchrony Financial COM                                        | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |       632 | NS      | $42988.64     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Price T Rowe Group Inc.                            | Price T Rowe Group Inc. COM                                    | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |       424 | NS      | $38219.36     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Lifestyle Properties Inc                    | Equity Lifestyle Properties Inc COM                            | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |       439 | NS      | $27402.38     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc.                  | American International Group Inc. COM NEW                      | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |       720 | NS      | $54180.00     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIS TOWERS WATSON PLC                           | Willis Towers Watson Public Limited Company COM USD0.000304635 | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |       245 | NS      | $71221.50     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Zions Bancorporation Natl Assn Global Bank         | Zions Bancorporation Natl Assn Global Bank COM                 | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |       444 | NS      | $25583.28     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp.                                 | State Street Corp. COM                                         | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |       397 | NS      | $50244.32     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMERCE BANCSHARES INC (MO)                       | Commerce Bancshares Inc COM                                    | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       470 | NS      | $23124.00     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| INVITATION HOMES INC                               | Invitation Homes Inc. COM                                      | CUSIP: 46187W107<br>LEI: 984500FE452E665C9F85 | Long             | EC               | CORP              | US        |      1288 | NS      | $32006.80     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                     | Public Storage COM                                             | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |       197 | NS      | $53363.36     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group Inc.                     | Principal Financial Group Inc. COM                             | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |       431 | NS      | $38837.41     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG Inc                                            | TPG Inc COM CL A                                               | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |       821 | NS      | $33258.71     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp.                                      | U.S. Bancorp. COM NEW                                          | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |      1486 | NS      | $77286.86     | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Ltd                    | Brookfield Asset Management Ltd CL A LMT VTG SHS               | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | CA        |       829 | NS      | $36849.05     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc.                                | Ally Financial Inc. COM                                        | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |       738 | NS      | $28951.74     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd. Switzerland                             | Chubb Ltd. Switzerland ORD CHF24.15                            | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |       196 | NS      | $63882.28     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Digital Inc.                                | Galaxy Digital Inc. CL A                                       | CUSIP: 36317J209<br>LEI: 9845001C4070E5N07806 | Long             | EC               | CORP              | US        |      1173 | NS      | $21641.85     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp.                                | UMB Financial Corp. COM                                        | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |       209 | NS      | $23573.11     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc.                                        | Ventas Inc. COM                                                | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |       627 | NS      | $51276.06     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation                           | The Allstate Corporation COM                                   | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |       301 | NS      | $62409.34     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc.                                      | Prologis Inc. COM                                              | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |       730 | NS      | $96491.40     | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| W.R. Berkley Corporation                           | W.R. Berkley Corporation COM                                   | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |       534 | NS      | $35393.52     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                         | J.P. MORGAN SECURITIES LLC TRI PARTY                           | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | Long             | RA               | CORP              | US        |     24409 | PA      | $24409.40     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Toast Inc                                          | Toast Inc CL A                                                 | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |      1241 | NS      | $32898.91     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc                          | Healthpeak Properties Inc COM                                  | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |      1736 | NS      | $28522.48     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                                | Global Payments Inc COM                                        | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |       502 | NS      | $33784.60     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corporation                        | Ares Management Corporation CL A COM STK                       | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |       500 | NS      | $54550.00     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| The Toronto-Dominion Bank                          | The Toronto-Dominion Bank COM NEW                              | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |       592 | NS      | $55239.52     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                                      | Equinix, Inc. COM                                              | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |        86 | NS      | $84300.64     | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Company                          | Lamar Advertising Company CL A                                 | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |       233 | NS      | $29511.78     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corporation                   | Cincinnati Financial Corporation COM                           | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |       260 | NS      | $40911.00     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Annaly Capital Management, Inc.                    | Annaly Capital Management, Inc. COM NEW                        | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |      1555 | NS      | $32888.25     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Capital Corp.                                 | Ares Capital Corp. COM                                         | CUSIP: 04010L103<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | EC               | RF                | US        |      1714 | NS      | $30886.28     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc.                          | MarketAxess Holdings Inc. COM                                  | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |        89 | NS      | $14683.22     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                     | Citigroup Inc. COM NEW                                         | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      1116 | NS      | $126565.56    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PINNACLE FINANCIAL PARTNERS INC                    | Pinnacle Financial Partners Inc. COM                           | CUSIP: 72348N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       363 | NS      | $31268.82     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Affirm Holdings Inc                                | Affirm Holdings Inc COM CL A                                   | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       716 | NS      | $32807.12     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Inc.                               | Paypal Holdings Inc. COM                                       | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      1243 | NS      | $56220.89     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave Inc                                           | Dave Inc CLASS A COM NEW                                       | CUSIP: 23834J201<br>LEI: 25490061SUVXCW51RZ82 | Long             | EC               | CORP              | US        |        30 | NS      | $5222.70      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc.                  | PNC Financial Services Group Inc. COM                          | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |       382 | NS      | $79490.38     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                              | East West Bancorp Inc COM                                      | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |       306 | NS      | $32668.56     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc                          | Host Hotels & Resorts Inc COM                                  | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |      1644 | NS      | $31499.04     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corporation                     | Wintrust Financial Corporation COM                             | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |       191 | NS      | $26537.54     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Brighthouse Financial Inc.                         | Brighthouse Financial Inc. COM                                 | CUSIP: 10922N103<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EC               | CORP              | US        |       261 | NS      | $15628.68     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc.                                        | Fiserv Inc. COM                                                | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |       813 | NS      | $45365.40     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Group Inc                                  | Carlyle Group Inc COM                                          | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |       659 | NS      | $31889.01     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnc Investment Corp                               | Agnc Investment Corp COM                                       | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               | CORP              | US        |      2833 | NS      | $28414.99     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc.                                          | MSCI Inc. COM                                                  | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |        98 | NS      | $52822.98     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation                     | The Charles Schwab Corporation COM                             | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      1170 | NS      | $109956.60    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc.                        | LPL Financial Holdings Inc. COM                                | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |       144 | NS      | $43319.52     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc.            | Mid-America Apartment Communities, Inc. COM                    | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |       257 | NS      | $31384.84     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp.                           | SBA Communications Corp. CL A                                  | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |       205 | NS      | $35282.55     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc                      | Intercontinental Exchange Inc COM                              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |       507 | NS      | $79740.96     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                           | Visa Inc COM CL A                                              | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |       682 | NS      | $206127.68    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corporation                         | American Tower Corporation COM                                 | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |       437 | NS      | $75417.46     | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Sofi Technologies Inc                              | Sofi Technologies Inc COM                                      | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |      2326 | NS      | $36936.88     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd.                                    | ICICI Bank Ltd. ADR                                            | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |      2104 | NS      | $54493.60     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Itau Unibanco Holding SA                           | Itau Unibanco Holding SA SPON ADR REP PFD                      | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |      6504 | NS      | $54503.52     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc                            | Cboe Global Markets Inc COM                                    | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |       161 | NS      | $45252.27     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Resources Inc.                            | Franklin Resources Inc. COM                                    | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |       993 | NS      | $23454.66     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc                                  | Hamilton Lane Inc CL A                                         | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |       166 | NS      | $16500.40     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc.                                     | CME Group Inc. COM                                             | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |       286 | NS      | $84470.10     | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Companies Inc                               | Rocket Companies Inc COM CL A                                  | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3771 | NS      | $53736.75     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide, Inc.                            | Euronet Worldwide, Inc. COM                                    | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |       194 | NS      | $12875.78     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc         | Fidelity National Information Services Inc COM                 | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |       879 | NS      | $41233.89     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc.                                     | Welltower Inc. COM                                             | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |       497 | NS      | $98261.87     | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Companies, Inc.                          | Travelers Companies, Inc. COM                                  | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |       227 | NS      | $66211.36     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Nova Scotia                                | Bank of Nova Scotia COM                                        | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |       778 | NS      | $53923.18     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Incorporated                 | Huntington Bancshares Incorporated COM                         | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |      3090 | NS      | $48358.50     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                             | Equitable Holdings Inc COM                                     | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |       751 | NS      | $27869.61     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Rydex Series Funds                                 | Government Long Bond 1.2x Strategy Fund                        | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |       333 | NS      | $53872.74     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corporation                          | Realty Income Corporation COM                                  | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |      1019 | NS      | $62342.42     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                            | Aon PLC SHS CL A                                               | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |       199 | NS      | $64233.22     | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Oscar Health Inc                                   | Oscar Health Inc CL A                                          | CUSIP: 687793109<br>LEI: 254900AE8KDLFDOPKZ19 | Long             | EC               | CORP              | US        |      1269 | NS      | $14555.43     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                                     | Blackstone Inc COM                                             | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |       956 | NS      | $109930.44    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                          | Goldman Sachs Group, Inc. COM                                  | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |       172 | NS      | $145510.28    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| REMITLY GLOBAL INC                                 | Remitly Global Inc. COM                                        | CUSIP: 75960P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       929 | NS      | $14557.43     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                        | The Progressive Corporation COM                                | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |       451 | NS      | $89406.24     | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoneco Ltd                                        | Stoneco Ltd COM USD0.000079365 CL A                            | CUSIP: 000000000<br>LEI: 549300O1A9LEF0XZCR35 | Long             | EC               | CORP              | KY        |      3973 | NS      | $56098.76     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                           | Simon Property Group Inc COM                                   | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |       349 | NS      | $65098.97     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corporation                          | First Horizon Corporation COM                                  | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |      1263 | NS      | $28745.88     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Companies, Inc.                   | Marsh & McLennan Companies, Inc. COM                           | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |       458 | NS      | $79440.10     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc                              | Robinhood Markets Inc COM CL A                                 | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |       938 | NS      | $65003.40     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar Inc                                    | Morningstar Inc COM                                            | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |        52 | NS      | $8790.60      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Inc                               | Blue Owl Capital Inc COM CL A                                  | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3741 | NS      | $34155.33     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp                               | Old National Bancorp COM                                       | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |      1086 | NS      | $24000.60     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR Inc                                            | UDR Inc COM                                                    | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |       813 | NS      | $27463.14     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                                | Shift4 Payments Inc CL A                                       | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       318 | NS      | $13906.14     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                         | Nasdaq Inc COM                                                 | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |       668 | NS      | $56706.52     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System Inc.                       | Columbia Banking System Inc. COM                               | CUSIP: 197236102<br>LEI: 254900CTRJTQZ3BJ2V17 | Long             | EC               | CORP              | US        |       904 | NS      | $24796.72     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Upstart Holdings Inc                               | Upstart Holdings Inc COM                                       | CUSIP: 91680M107<br>LEI: 549300WNB47JRNENIC75 | Long             | EC               | CORP              | US        |       507 | NS      | $13004.55     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                            | MasterCard Incorporated CL A                                   | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       348 | NS      | $173881.68    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.                        | Capital One Financial Corp. COM                                | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |       507 | NS      | $92492.01     | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                                  | Brown & Brown Inc COM                                          | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |       565 | NS      | $36843.65     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens BancShares Inc (Delaware)           | First Citizens BancShares Inc (Delaware) CL A                  | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |        13 | NS      | $24500.58     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc.                                 | Iron Mountain Inc. COM                                         | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |       433 | NS      | $44226.62     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                               | JPMorgan Chase & Co. COM                                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |       834 | NS      | $245329.44    | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| WEBULL CORP                                        | Webull Corp. ORD SHS                                           | CUSIP: 000000000<br>LEI: 213800YKAMJ8BY75D995 | Long             | EC               | CORP              | KY        |      2229 | NS      | $10699.20     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Gallagher Aj &Co                                   | Gallagher Aj &Co COM                                           | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |       306 | NS      | $66273.48     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                                           | Bank OZK COM                                                   | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |       416 | NS      | $19090.24     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc                               | Tradeweb Markets Inc CL A                                      | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       358 | NS      | $42122.28     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Sezzle Inc.                                        | Sezzle Inc. COM                                                | CUSIP: 78435P105<br>LEI: 9845000CA64541AE3I35 | Long             | EC               | CORP              | US        |        67 | NS      | $4240.43      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group Inc                      | Jefferies Financial Group Inc COM                              | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |       566 | NS      | $23358.82     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| XP INC                                             | XP Inc. CL A                                                   | CUSIP: 000000000<br>LEI: 5493008KDA8NBZRJST80 | Long             | EC               | CORP              | KY        |      3215 | NS      | $61213.60     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Valley National Bancorp.                           | Valley National Bancorp. COM                                   | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |      1711 | NS      | $21011.08     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc.                                     | Blackrock Inc. COM                                             | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |       108 | NS      | $103864.68    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial, Inc.                         | Prudential Financial, Inc. COM                                 | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |       531 | NS      | $51873.39     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Moodys Corp.                                       | Moodys Corp. COM                                               | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |       164 | NS      | $71545.00     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corporation                         | Northern Trust Corporation COM                                 | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |       310 | NS      | $43266.70     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                              | Regency Centers Corp. COM                                      | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |       425 | NS      | $32155.50     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corporation                        | Hancock Whitney Corporation COM                                | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |       307 | NS      | $19522.13     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc.                                  | Crown Castle Inc. COM                                          | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |       611 | NS      | $49680.41     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corporation                      | Regions Financial Corporation COM                              | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |      1599 | NS      | $41765.88     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties Inc                  | Gaming and Leisure Properties Inc COM                          | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |       636 | NS      | $28219.32     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                                 | Equity Residential SH BEN INT                                  | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |       665 | NS      | $39334.75     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                              | Bank of America Corp. COM                                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      3251 | NS      | $158486.25    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc                      | Interactive Brokers Group Inc COM CL A                         | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |      1354 | NS      | $90812.78     | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED TRI PARTY   | CUSIP: 000000000<br>LEI: 8NAV47T0Y26Q87Y0QP81 | Long             | RA               | CORP              | US        |     22183 | PA      | $22182.72     | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                             | Truist Financial Corp. COM                                     | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |      1445 | NS      | $66426.65     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc.                       | Raymond James Financial Inc. COM                               | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |       301 | NS      | $43581.79     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc.                      | FactSet Research Systems Inc. COM                              | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |       116 | NS      | $25170.84     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Erie Indemnity Co                                  | Erie Indemnity Co CL A                                         | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Long             | EC               | CORP              | US        |        87 | NS      | $21863.97     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc.                                       | MetLife Inc. COM                                               | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |       765 | NS      | $54100.80     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc.                                      | KKR & Co Inc. COM                                              | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |       784 | NS      | $72520.00     | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd.                            | Arch Capital Group Ltd. COM USD0.01                            | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |       718 | NS      | $68920.82     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                                  | Wells Fargo & Co. COM                                          | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      1744 | NS      | $138839.84    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                                | Fifth Third Bancorp COM                                        | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |      1247 | NS      | $57935.62     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular, Inc.                                      | Popular, Inc. COM NEW                                          | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |       329 | NS      | $44141.93     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Company                               | Weyerhaeuser Company COM NEW                                   | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |      1513 | NS      | $36962.59     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hartford Insurance Group Inc.                  | The Hartford Insurance Group Inc. COM                          | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |       387 | NS      | $52334.01     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM CORP (SALLIE MAE)                              | SLM Corp. COM                                                  | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       819 | NS      | $17534.79     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co                                 | SEI Investments Co COM                                         | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |       323 | NS      | $25345.81     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Vici Properties Inc                                | Vici Properties Inc COM                                        | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |      1637 | NS      | $44722.84     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** Rydex Variable Trust

**Signature:** James Howley

**Name of Signer:** James Howley

**Title:** Chief Financial Officer