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        <name>Guggenheim Funds Trust</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>CHICAGO MERCANTILE EXCHANGE</name>
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        <name>EUREX Clearing Aktiengesellschaft</name>
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        <name>NEW YORK MERCANTILE EXCHANGE</name>
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      <invstOrSec>
        <name>EUREX Clearing Aktiengesellschaft</name>
        <lei>529900LN3S50JPU47S06</lei>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE</name>
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      <invstOrSec>
        <name>THE LONDON METAL EXCHANGE</name>
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        <title>Lead future (composite)</title>
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        <name>ICE FUTURES U.S.</name>
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        <title>MSCI Emerging Markets Index Futures - ICUS</title>
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        <name>THE LONDON METAL EXCHANGE</name>
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        <title>Primary Aluminium future (composite)</title>
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        <name>CHICAGO MERCANTILE EXCHANGE</name>
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        <title>Japanese Yen Futures, Sep-2026,ETH</title>
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        <name>Guggenheim Strategy Funds Trust</name>
        <lei>5493007THUTJ3GMETL84</lei>
        <title>Guggenheim Strategy Fund III</title>
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        <name>CME Group Inc.</name>
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        <name>CHICAGO MERCANTILE EXCHANGE</name>
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        <name>CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>E-mini Nasdaq-100 Futures</title>
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        <name>CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>E-mini Russell 2000 Index Futures</title>
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        <name>ICE FUTURES U.S.</name>
        <lei>5493004R83R1LVX2IL36</lei>
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        <name>CME Group Inc.</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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            </descRefInstrmnt>
            <expDate>2026-07-31</expDate>
            <notionalAmt>256570.50000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-12634.50000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-08-21</ncom:dateSigned>
      <ncom:nameOfApplicant>Rydex Variable Trust</ncom:nameOfApplicant>
      <ncom:signature>James Howley</ncom:signature>
      <ncom:signerName>James Howley</ncom:signerName>
      <ncom:title>Chief Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
