# EDGAR Filing Document

**Accession Number:** 0001064046
**File Stem:** 0000940400-26-022843
**Filing Date:** 2026-6
**Character Count:** 37793
**Document Hash:** 99b77c62ab48c4ecb85575b564d9693e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022843.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0000940400-26-022843

**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:** 261048520

**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

### Leisure Fund (Series ID: S000003719)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000010388 | 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:** Leisure Fund

- **b. EDGAR series identifier (if any):** S000003719

- **c. LEI of Series:** 549300JFCHYH0BITLM73

**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:** $2330963.00

**Total Liabilities:** $14511.16

**Net Assets:** $2316451.84

**Cash Not Reported:** $6.88

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010388 | -1.71%               | 1.34%                | -7.21%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3012.18                | $-87303.91                                 |
| Month 2  | $-120986.36              | $132198.41                                 |
| Month 3  | $334712.03               | $-524981.68                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Molson Coors Beverage Company                      | Molson Coors Beverage Company CL B                           | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |       361 | NS      | $15544.66     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                       | Wyndham Hotels & Resorts Inc COM                             | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |       183 | NS      | $14865.09     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Sportradar Group AG                                | Sportradar Group AG CLASS A ORD SHS                          | CUSIP: 000000000<br>LEI: 549300H1P33YOAT7Z533 | Long             | EC               | CORP              | CH        |      1209 | NS      | $20238.66     | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc.                               | Electronic Arts Inc. COM                                     | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |       259 | NS      | $52802.33     | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark                                            | Aramark COM                                                  | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |       464 | NS      | $18810.56     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc                             | Cheesecake Factory Inc COM                                   | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |       170 | NS      | $9307.50      | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominos Pizza Inc.                                 | Dominos Pizza Inc. COM                                       | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |        50 | NS      | $17939.50     | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| PENN Entertainment Inc                             | PENN Entertainment Inc COM                                   | CUSIP: 707569109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       554 | NS      | $8326.62      | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Sweetgreen Inc                                     | Sweetgreen Inc COM CL A                                      | CUSIP: 87043Q108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       832 | NS      | $4318.08      | 0.19%             |  |  |  | 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        |      6294 | PA      | $6293.94      | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                      | Carnival Corporation COMMON STOCK                            | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | PA        |      1296 | NS      | $33540.48     | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Shake Shack Inc                                    | Shake Shack Inc CL A                                         | CUSIP: 819047101<br>LEI: 529900J74GJAHYP80N79 | Long             | EC               | CORP              | US        |       129 | NS      | $11412.63     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| YUM CHINA HOLDINGS INC                             | Yum China Holdings Inc. COM                                  | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |       431 | NS      | $21024.18     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| CAVA GROUP INC                                     | CAVA Group Inc. COM                                          | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       203 | NS      | $16422.70     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                               | Booking Holdings Inc COM                                     | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |        16 | NS      | $67365.12     | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| VERSANT MEDIA GROUP INC                            | Versant Media Group Inc. COM CL A                            | CUSIP: 925283103<br>LEI: 254900D2Q5F5F229PU30 | Long             | EC               | CORP              | US        |       355 | NS      | $13142.10     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                                    | Starbucks Corp. COM                                          | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |       618 | NS      | $55366.62     | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                                       | DoorDash Inc CL A                                            | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |       286 | NS      | $42942.90     | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.                   | Philip Morris International Inc. COM                         | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |       446 | NS      | $73741.64     | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MAKEMYTRIP LTD                                     | MakeMyTrip Ltd. USD0.0005                                    | CUSIP: 000000000<br>LEI: 529900DNT8HNJ7RYUO60 | Long             | EC               | CORP              | MU        |       521 | NS      | $19428.09     | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                                | Walt Disney Company COM                                      | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |       775 | NS      | $74694.50     | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC                       | British American Tobacco PLC SPONSORED ADR                   | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |       414 | NS      | $24206.58     | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch Inbev SA/NV                         | Anheuser-Busch Inbev SA/NV SPONSORED ADR                     | CUSIP: 03524A108<br>LEI: 5493008H3828EMEXB082 | Long             | EC               | CORP              | BE        |       331 | NS      | $22961.47     | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corporation                      | Liberty Broadband Corporation COM SER C                      | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |       303 | NS      | $15240.90     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants, Inc.                           | Darden Restaurants, Inc. COM                                 | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |       140 | NS      | $27445.60     | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc                      | Hilton Worldwide Holdings Inc COM                            | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |       160 | NS      | $48652.80     | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc.                                | Planet Fitness Inc. CL A                                     | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |       192 | NS      | $14280.96     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| The New York Times Company                         | The New York Times Company CL A                              | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |       252 | NS      | $21099.96     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Cracker Barrel Old Country Store Inc.              | Cracker Barrel Old Country Store Inc. COM                    | CUSIP: 22410J106<br>LEI: 8P4PHQIUWPIECBFBW745 | Long             | EC               | CORP              | US        |       334 | NS      | $9388.74      | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| Polaris Inc.                                       | Polaris Inc. COM                                             | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |       182 | NS      | $9919.00      | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                                      | Netflix, Inc. COM                                            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      1219 | NS      | $117206.85    | 5.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Six Flags Entertainment Corp.                      | Six Flags Entertainment Corp. COM                            | CUSIP: 83001C108<br>LEI: 529900AS2CYWYFHRS781 | Long             | EC               | CORP              | US        |       436 | NS      | $7739.00      | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO GROUP HOLDINGS INC                             | TKO Group Holdings Inc. CL A                                 | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       161 | NS      | $32465.65     | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Red Rock Resorts Inc                               | Red Rock Resorts Inc CL A                                    | CUSIP: 75700L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       233 | NS      | $12432.88     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corporation                                   | News Corporation CL A                                        | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |       913 | NS      | $22761.09     | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corporation                                    | Fox Corporation CL A COM                                     | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |       456 | NS      | $26630.40     | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| The Wendys Company                                 | The Wendys Company COM                                       | CUSIP: 95058W100<br>LEI: 529900M0JIUCMWVKHG76 | Long             | EC               | CORP              | US        |       842 | NS      | $5851.90      | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Peloton Interactive Inc                            | Peloton Interactive Inc CL A COM                             | CUSIP: 70614W100<br>LEI: 5493002YS021166W0339 | Long             | EC               | CORP              | US        |      1948 | NS      | $8356.92      | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc.                                    | DraftKings Inc. COM CL A                                     | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |       790 | NS      | $17079.80     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Papa John's International Inc.                     | Papa John's International Inc. COM                           | CUSIP: 698813102<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | EC               | CORP              | US        |       175 | NS      | $5671.75      | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| GENIUS SPORTS LTD                                  | Genius Sports Ltd. COM NPV                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GG        |      4183 | NS      | $18530.69     | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Hasbro Inc                                         | Hasbro Inc COM                                               | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |       220 | NS      | $20592.00     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Vail Resorts, Inc.                                 | Vail Resorts, Inc. COM                                       | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |        87 | NS      | $11163.84     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Serve Robotics Inc                                 | Serve Robotics Inc COM                                       | CUSIP: 81758H106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       488 | NS      | $4118.72      | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings Inc                       | Life Time Group Holdings Inc COMMON STOCK                    | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       334 | NS      | $8997.96      | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| SIRIUS XM HOLDINGS INC                             | SiriusXM Holdings Inc COMMON STOCK                           | CUSIP: 829933100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       520 | NS      | $12001.60     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Yeti Holdings Inc                                  | Yeti Holdings Inc COM                                        | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |       267 | NS      | $9769.53      | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM Resorts International                          | MGM Resorts International COM                                | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               | CORP              | US        |       401 | NS      | $14841.01     | 0.64%             |  |  |  | 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        |      5720 | PA      | $5719.79      | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Boyd Gaming Corporation                            | Boyd Gaming Corporation COM                                  | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |        51 | NS      | $4191.18      | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Entertainment PLC                          | Flutter Entertainment PLC ORD EUR0.09 (DI)                   | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | IE        |       216 | NS      | $22021.20     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown-Forman Corp.                                 | Brown-Forman Corp. CL B                                      | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |       729 | NS      | $19274.76     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands International Inc                | Restaurant Brands International Inc COM                      | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |       454 | NS      | $33550.60     | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                                 | Altria Group, Inc. COM                                       | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |       896 | NS      | $59127.04     | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                         | Diageo PLC SPON ADR NEW                                      | CUSIP: 25243Q205<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |       299 | NS      | $22260.55     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| TCOM/TRIP.COM GROUP LTD                            | Trip.com Group Ltd. ADS                                      | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | KY        |       493 | NS      | $24546.47     | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOTIFY TECHNOLOGY SA                              | Spotify Technology S.A. COM EUR0.000625                      | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |        68 | NS      | $32973.88     | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc                         | Chipotle Mexican Grill Inc COM                               | CUSIP: 169656105<br>LEI: 529900REP5VGTPCP1J71 | Long             | EC               | CORP              | US        |      1171 | NS      | $37483.71     | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Skydance Corp.                           | Paramount Skydance Corp. COM CL B                            | CUSIP: 69932A204<br>LEI: 529900B6VAJG54Y9QF02 | Long             | EC               | CORP              | US        |      1692 | NS      | $15261.84     | 0.66%             |  |  |  | No            |                  1 | On Loan: —       |
| VIKING HOLDINGS LTD                                | Viking Holdings Ltd. ORD SHS                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |       357 | NS      | $26232.36     | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc                                | Texas Roadhouse Inc COM                                      | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |       114 | NS      | $18825.96     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Sharplink Inc.                                     | Sharplink Inc. COM NEW                                       | CUSIP: 820014405<br>LEI: 254900CZRMKT24A29H69 | Long             | EC               | CORP              | US        |       846 | NS      | $5456.70      | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloomin Brands Inc                                 | Bloomin Brands Inc COM                                       | CUSIP: 094235108<br>LEI: E1UJ2GO305B5FXGV7N04 | Long             | EC               | CORP              | US        |       688 | NS      | $3715.20      | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| WARNER MUSIC GROUP CORP                            | Warner Music Group Corporation COM CL A                      | CUSIP: 934550203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       698 | NS      | $17826.92     | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International, Inc.                       | Marriott International, Inc. CL A                            | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |       151 | NS      | $49387.57     | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Roblox Corporation                                 | Roblox Corporation CL A                                      | CUSIP: 771049103<br>LEI: 529900ANZDBDFU91SO19 | Long             | EC               | CORP              | US        |       650 | NS      | $36764.00     | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros. Discovery Inc.                        | Warner Bros. Discovery Inc. COM SER A                        | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |      1608 | NS      | $44155.68     | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment Inc.                         | Caesars Entertainment Inc. COM                               | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |       477 | NS      | $12607.11     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                                  | Expedia Group Inc COM NEW                                    | CUSIP: 30212P303<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | EC               | CORP              | US        |       134 | NS      | $30939.26     | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Cinemark Holdings Inc.                             | Cinemark Holdings Inc. COM                                   | CUSIP: 17243V102<br>LEI: 549300LL2QMPTYIE0K55 | Long             | EC               | CORP              | US        |       368 | NS      | $10495.36     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp                               | Las Vegas Sands Corp COM                                     | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |       429 | NS      | $23114.52     | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts Limited                               | Wynn Resorts Limited COM                                     | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |       163 | NS      | $16552.65     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                                       | Wingstop Inc COM                                             | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |        71 | NS      | $11002.87     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                                | Comcast Corporation CL A                                     | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      1910 | NS      | $54836.10     | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                            | Nexstar Media Group Inc COMMON STOCK                         | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |        32 | NS      | $5786.56      | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Churchill Downs Inc                                | Churchill Downs Inc COM                                      | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |       157 | NS      | $14103.31     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corporation                           | Hyatt Hotels Corporation COM CL A                            | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |       149 | NS      | $21424.71     | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment, Inc.                    | Live Nation Entertainment, Inc. COM                          | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |       185 | NS      | $28214.35     | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands, Inc.                         | Constellation Brands, Inc. CL A                              | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |       175 | NS      | $26250.00     | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                         | Airbnb Inc COM CL A                                          | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |       286 | NS      | $36116.08     | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                                   | McDonald's Corp. COM                                         | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |       175 | NS      | $54388.25     | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson, Inc.                              | Harley-Davidson, Inc. COM                                    | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |       456 | NS      | $9220.32      | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Dutch Bros Inc                                     | Dutch Bros Inc CL A                                          | CUSIP: 26701L100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       347 | NS      | $17579.02     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software Inc.                 | Take-Two Interactive Software Inc. COM                       | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |       169 | NS      | $33377.50     | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Choice Hotels International, Inc.                  | Choice Hotels International, Inc. COM                        | CUSIP: 169905106<br>LEI: 5493003CYRY5RFGTIR97 | Long             | EC               | CORP              | US        |        93 | NS      | $9625.50      | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NETEASE INC                                        | NetEase Inc. SPONSORED ADS                                   | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |       207 | NS      | $23171.58     | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc.                                   | Yum! Brands Inc. COM                                         | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |       520 | NS      | $80849.60     | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave & Buster's Entertainment Inc                  | Dave & Buster's Entertainment Inc COM                        | CUSIP: 238337109<br>LEI: 529900WTVU85QZLYHR86 | Long             | EC               | CORP              | US        |       265 | NS      | $2869.95      | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Cruise Line Holdings Ltd                 | Norwegian Cruise Line Holdings Ltd COM USD0.001              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |       901 | NS      | $16848.70     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                        | Royal Caribbean Group COM USD0.01                            | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |       179 | NS      | $49257.22     | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Brinker International, Inc.                        | Brinker International, Inc. COM                              | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |       103 | NS      | $14705.31     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.                       | Charter Communications, Inc. CL A                            | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |       121 | NS      | $26121.48     | 1.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Roku Inc                                           | Roku Inc COM CL A                                            | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |       234 | NS      | $22141.08     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Mattel, Inc.                                       | Mattel, Inc. COM                                             | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |       688 | NS      | $9996.64      | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| EchoStar Corp.                                     | EchoStar Corp. CL A                                          | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |       281 | NS      | $32896.67     | 1.42%             |  |  |  | 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