NPORT-P
false
0001064046
XXXXXXXX
S000003713
C000010382
Rydex Variable Trust
811-08821
0001064046
549300LJH0YR8RY3N305
702 King Farm Blvd., Suite 200
Rockville
20850
301-296-5100
Electronics Fund
S000003713
5493000OY0S9WKUC8M88
2025-12-31
2025-06-30
N
12730228.96
58123.67
12672105.29
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.08000000
N
ACM Research Inc
549300MCTENUWL2GJL61
ACM Research, Inc.
00108J109
1606.00000000
NS
USD
41595.40000000
0.328243800442
Long
EC
CORP
US
N
1
N
N
N
ASE Technology Holding Co Ltd
300300GO8QHPMV87NZ73
ASE Technology Holding Company Ltd.
00215W100
11629.00000000
NS
USD
120127.57000000
0.947968528124
Long
EC
CORP
TW
N
1
N
N
N
Advanced Micro Devices Inc
R2I72C950HOYXII45366
Advanced Micro Devices, Inc.
007903107
4044.00000000
NS
USD
573843.60000000
4.528399874114
Long
EC
CORP
US
N
1
N
N
N
Allegro MicroSystems Inc
N/A
Allegro MicroSystems, Inc.
01749D105
2213.00000000
NS
USD
75662.47000000
0.597078924681
Long
EC
CORP
US
N
1
N
N
N
Amkor Technology Inc
529900VHLRTKPWZJBM84
Amkor Technology, Inc.
031652100
2619.00000000
NS
USD
54972.81000000
0.433809605759
Long
EC
CORP
US
N
1
N
N
N
Analog Devices Inc
GYVOE5EZ4GDAVTU4CQ61
Analog Devices, Inc.
032654105
1608.00000000
NS
USD
382736.16000000
3.020304450137
Long
EC
CORP
US
N
1
N
N
N
Applied Materials Inc
41BNNE1AFPNAZELZ6K07
Applied Materials, Inc.
038222105
2350.00000000
NS
USD
430214.50000000
3.394972580755
Long
EC
CORP
US
N
1
N
N
N
ARM Holdings PLC
2138001E66EELTE7Y904
ARM Holdings plc
042068205
1142.00000000
NS
USD
184707.08000000
1.457587952222
Long
EC
CORP
GB
N
1
N
N
N
Astera Labs Inc
N/A
Astera Labs, Inc.
04626A103
1305.00000000
NS
USD
117998.10000000
0.931164138078
Long
EC
CORP
US
N
1
N
N
N
Axcelis Technologies Inc
529900HF9B6NL1QG9F05
Axcelis Technologies, Inc.
054540208
749.00000000
NS
USD
52197.81000000
0.411911113468
Long
EC
CORP
US
N
1
N
N
N
Broadcom Inc
549300WV6GIDOZJTV909
Broadcom, Inc.
11135F101
4682.00000000
NS
USD
1290593.30000000
10.18452159656
Long
EC
CORP
US
N
1
N
N
N
Canadian Solar Inc
5493001XSC6TKMBVOM15
Canadian Solar, Inc.
136635109
10591.00000000
NS
USD
116924.64000000
0.922693091038
Long
EC
CORP
US
N
1
N
N
Cirrus Logic Inc
549300NKSJEM5ZZSSV18
Cirrus Logic, Inc.
172755100
777.00000000
NS
USD
81006.14000000
0.639247687311
Long
EC
CORP
US
N
1
N
N
N
Diodes Inc
549300XP2X1ARVH3BX23
Diodes, Inc.
254543101
1037.00000000
NS
USD
54846.93000000
0.432816242801
Long
EC
CORP
US
N
1
N
N
N
Enphase Energy Inc
5493008U7KIGMI59Z314
Enphase Energy, Inc.
29355A107
1883.00000000
NS
USD
74660.95000000
0.589175581258
Long
EC
CORP
US
N
1
N
N
N
Entegris Inc
IYX6OWO7BT5DKO3BYG52
Entegris, Inc.
29362U104
1513.00000000
NS
USD
122023.45000000
0.962929578057
Long
EC
CORP
US
N
1
N
N
N
First American Funds
N/A
First American Government Obligations Fund - Class X
N/A
529679.75000000
NS
USD
529679.75000000
4.179887539428
Long
STIV
RF
US
N
1
N
N
First Solar Inc
549300NPYMLM4NHTOF27
First Solar, Inc.
336433107
865.00000000
NS
USD
143192.10000000
1.129978774032
Long
EC
CORP
US
N
1
N
N
N
FormFactor Inc
549300YCEEO6SZD1ZR61
FormFactor, Inc.
346375108
1655.00000000
NS
USD
56948.55000000
0.449400858789
Long
EC
CORP
US
N
1
N
N
N
Impinj Inc
549300M26VGKSMMWWN17
Impinj, Inc.
453204109
544.00000000
NS
USD
60422.08000000
0.476811694799
Long
EC
CORP
US
N
1
N
N
N
Intel Corp
KNX4USFCNGPY45LOCE31
Intel Corp.
458140100
15148.00000000
NS
USD
339315.20000000
2.677654519393
Long
EC
CORP
US
N
1
N
N
N
KLA Corp
549300H0BF5JCG96TJ81
KLA Corp.
482480100
428.00000000
NS
USD
383376.72000000
3.025359332379
Long
EC
CORP
US
N
1
N
N
N
Kulicke & Soffa Industries Inc
529900H6BEIRBF429744
Kulicke & Soffa Industries, Inc.
501242101
3360.00000000
NS
USD
116256.00000000
0.917416619728
Long
EC
CORP
US
N
1
N
N
N
Lam Research Corp
549300I4GMO6D34U1T02
Lam Research Corp.
512807306
4105.00000000
NS
USD
399580.70000000
3.153230586833
Long
EC
CORP
US
N
1
N
N
N
Lattice Semiconductor Corp
549300LRBBPZDQ2II567
Lattice Semiconductor Corp.
518415104
1823.00000000
NS
USD
89308.77000000
0.704766634715
Long
EC
CORP
US
N
1
N
N
N
MKS Inc
549300KEQATBHAGVF505
MKS, Inc.
55306N104
925.00000000
NS
USD
91908.00000000
0.725278064667
Long
EC
CORP
US
N
1
N
N
N
MACOM Technology Solutions Hol
N/A
MACOM Technology Solutions Holdings, Inc.
55405Y100
772.00000000
NS
USD
110619.88000000
0.872940032208
Long
EC
CORP
US
N
1
N
N
N
Marvell Technology Inc
N/A
Marvell Technology, Inc.
573874104
3839.00000000
NS
USD
297138.60000000
2.344824267160
Long
EC
CORP
US
N
1
N
N
N
MaxLinear Inc
549300EMOI0SM2IY4F64
MaxLinear, Inc.
57776J100
2764.00000000
NS
USD
39276.44000000
0.309944078755
Long
EC
CORP
US
N
1
N
N
N
Microchip Technology Inc
5493007PTFULNYZJ1R12
Microchip Technology, Inc.
595017104
3097.00000000
NS
USD
217935.89000000
1.719808074606
Long
EC
CORP
US
N
1
N
N
N
Micron Technology Inc
B3DXGBC8GAIYWI2Z0172
Micron Technology, Inc.
595112103
3431.00000000
NS
USD
422870.75000000
3.337020489671
Long
EC
CORP
US
N
1
N
N
N
Monolithic Power Systems Inc
529900TB7O85LSZ1XU31
Monolithic Power Systems, Inc.
609839105
280.00000000
NS
USD
204786.40000000
1.616040865455
Long
EC
CORP
US
N
1
N
N
N
NVIDIA Corp
549300S4KLFTLO7GSQ80
NVIDIA Corp.
67066G104
13997.00000000
NS
USD
2211386.03000000
17.45081799269
Long
EC
CORP
US
N
1
N
N
N
ON Semiconductor Corp
ZV20P4CNJVT8V1ZGJ064
ON Semiconductor Corp.
682189105
3056.00000000
NS
USD
160164.96000000
1.263917528576
Long
EC
CORP
US
N
1
N
N
N
Onto Innovation Inc
254900RXZVN73CHOO062
Onto Innovation, Inc.
683344105
772.00000000
NS
USD
77917.96000000
0.614877782474
Long
EC
CORP
US
N
1
N
N
N
Power Integrations Inc
54930085LGXSCIHD5W31
Power Integrations, Inc.
739276103
1073.00000000
NS
USD
59980.70000000
0.473328611366
Long
EC
CORP
US
N
1
N
N
N
Qorvo Inc
254900YAUJV2EUEVBR11
Qorvo, Inc.
74736K101
1174.00000000
NS
USD
99684.34000000
0.786643874231
Long
EC
CORP
US
N
1
N
N
N
QUALCOMM Inc
H1J8DDZKZP6H7RWC0H53
QUALCOMM, Inc.
747525103
2893.00000000
NS
USD
460739.18000000
3.635853470721
Long
EC
CORP
US
N
1
N
N
N
Rambus Inc
2549000211GDCQSLV833
Rambus, Inc.
750917106
1459.00000000
NS
USD
93405.18000000
0.737092833924
Long
EC
CORP
US
N
1
N
N
N
Rigetti Computing Inc
N/A
Rigetti Computing, Inc.
76655K103
5502.00000000
NS
USD
65253.72000000
0.514939850219
Long
EC
CORP
US
N
1
N
N
Semtech Corp
549300J7WUY317SW6O61
Semtech Corp.
816850101
1588.00000000
NS
USD
71682.32000000
0.565670173657
Long
EC
CORP
US
N
1
N
N
N
Silicon Laboratories Inc
4PRDF8Q9TDHRVZKZSZ47
Silicon Laboratories, Inc.
826919102
515.00000000
NS
USD
75890.40000000
0.598877599761
Long
EC
CORP
US
N
1
N
N
N
SiTime Corp
N/A
SiTime Corp.
82982T106
238.00000000
NS
USD
50713.04000000
0.400194275847
Long
EC
CORP
US
N
1
N
N
N
Skyworks Solutions Inc
549300WZ3ORQ2BVKBD96
Skyworks Solutions, Inc.
83088M102
1591.00000000
NS
USD
118561.32000000
0.935608703421
Long
EC
CORP
US
N
1
N
N
N
SolarEdge Technologies Inc
5493000K6Y58XXPDF853
SolarEdge Technologies, Inc.
83417M104
5682.00000000
NS
USD
115912.80000000
0.914708308898
Long
EC
CORP
US
N
1
N
N
STMicroelectronics NV
213800Z8NOHIKRI42W10
STMicroelectronics N.V.
861012102
4141.00000000
NS
USD
125927.81000000
0.993740243772
Long
EC
CORP
US
N
1
N
N
Synaptics Inc
549300AJ3LI4FWNRQX29
Synaptics, Inc.
87157D109
851.00000000
NS
USD
55161.82000000
0.435301149553
Long
EC
CORP
US
N
1
N
N
N
TSMC
549300KB6NK5SBD14S87
Taiwan Semiconductor Manufacturing Company Ltd.
874039100
943.00000000
NS
USD
213580.07000000
1.685434780663
Long
EC
CORP
TW
N
1
N
N
N
Teradyne Inc
C3X4YJ278QNZHRJULN75
Teradyne, Inc.
880770102
1511.00000000
NS
USD
135869.12000000
1.072190586257
Long
EC
CORP
US
N
1
N
N
N
Texas Instruments Inc
WDJNR2L6D8RWOEB8T652
Texas Instruments, Inc.
882508104
2351.00000000
NS
USD
488114.62000000
3.851882610107
Long
EC
CORP
US
N
1
N
N
N
United Microelectronics Corp
391200YJCAGH9LF96P73
United Microelectronics Corp.
910873405
14808.00000000
NS
USD
113281.20000000
0.893941435993
Long
EC
CORP
TW
N
1
N
N
Universal Display Corp
N/A
Universal Display Corp.
91347P105
579.00000000
NS
USD
89432.34000000
0.705741768659
Long
EC
CORP
US
N
1
N
N
N
Veeco Instruments Inc
5493004201F72ADDZW04
Veeco Instruments, Inc.
922417100
1807.00000000
NS
USD
36718.24000000
0.289756430835
Long
EC
CORP
US
N
1
N
N
N
Wolfspeed Inc
549300OGU88P3AW3TO93
Wolfspeed, Inc.
977852102
7717.00000000
NS
USD
3077.54000000
0.024285940888
Long
EC
CORP
US
N
1
N
N
Ambarella Inc
254900XN7F4DG0CEKC02
Ambarella, Inc.
N/A
951.00000000
NS
USD
62827.82000000
0.495796227715
Long
EC
CORP
US
N
1
N
N
Credo Technology Group Holding
N/A
Credo Technology Group Holding Ltd.
N/A
1499.00000000
NS
USD
138792.41000000
1.095259286627
Long
EC
CORP
US
N
1
N
N
N
GLOBALFOUNDRIES Inc
549300BA76VK784VMX48
GLOBALFOUNDRIES, Inc.
N/A
1818.00000000
NS
USD
69447.60000000
0.548035219173
Long
EC
CORP
US
N
1
N
N
N
Penguin Solutions Inc
529900RDGHQY8XKXPN14
Penguin Solutions, Inc.
N/A
1747.00000000
NS
USD
34608.07000000
0.273104343816
Long
EC
CORP
US
N
1
N
N
N
Camtek Ltd/Israel
5493000H80W07HCKGS43
Camtek Ltd.
N/A
1575.00000000
NS
USD
133182.00000000
1.050985585679
Long
EC
CORP
US
N
1
N
N
Nova Ltd
529900B2DSWE5V3SC292
Nova Ltd.
N/A
401.00000000
NS
USD
110355.20000000
0.870851350067
Long
EC
CORP
US
N
1
N
N
N
ASML Holding NV
724500Y6DUVHQD6OXN27
ASML Holding N.V.
N/A
237.00000000
NS
USD
189929.43000000
1.498799336443
Long
EC
CORP
US
N
1
N
N
N
NXP Semiconductors NV
724500M9BY5293JDF951
NXP Semiconductor N.V.
N/A
939.00000000
NS
USD
205162.11000000
1.619005724028
Long
EC
CORP
US
N
1
N
N
N
BOFA SECURITIES, INC.
549300HN4UKV1E2R3U73
BofA Securities, Inc.
N/A
23239.78000000
PA
USD
23239.78000000
0.183393204745
Long
RA
CORP
US
N
2
Repurchase
Y
4.37000000
2025-07-01
24505.04000000
USD
23704.66000000
USD
UST
N
N
N
BARCLAYS CAPITAL INC.
AC28XWWI3WIBK2824319
Barclays Capital, Inc.
N/A
24067.09000000
PA
USD
24067.09000000
0.189921796333
Long
RA
CORP
US
N
2
Repurchase
Y
4.39000000
2025-07-01
27014.53000000
USD
24548.51000000
USD
UST
N
N
N
J.P. MORGAN SECURITIES LLC
ZBUT11V806EZRVTWT807
J.P. Morgan Securities LLC
N/A
55775.47000000
PA
USD
55775.47000000
0.440143675605
Long
RA
CORP
US
N
2
Repurchase
Y
4.37000000
2025-07-01
61338.74000000
USD
56891.00000000
USD
UST
N
N
N
2025-07-30
Rydex Variable Trust
James Howley
James Howley
CFO