NPORT-P
false
0001064046
XXXXXXXX
S000003725
C000010394
Rydex Variable Trust
811-08821
0001064046
549300LJH0YR8RY3N305
702 King Farm Blvd., Suite 200
Rockville
20850
301-296-5100
Utilities Fund
S000003725
549300EBPUQN2OLJFP29
2025-12-31
2025-06-30
N
11256450.05
38247.81
11218202.24
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
1595.06000000
N
AES Corp/The
2NUNNB7D43COUIRE5295
AES Corp.
00130H105
11588.00000000
NS
USD
121905.76000000
1.086678216277
Long
EC
CORP
US
N
1
N
N
N
Alliant Energy Corp
5493009ML300G373MZ12
Alliant Energy Corp.
018802108
3063.00000000
NS
USD
185219.61000000
1.651063209928
Long
EC
CORP
US
N
1
N
N
N
Oklo Inc
N/A
Oklo, Inc.
02156V109
1897.00000000
NS
USD
106213.03000000
0.946791898806
Long
EC
CORP
US
N
1
N
N
Ameren Corp
XRZQ5S7HYJFPHJ78L959
Ameren Corp.
023608102
2520.00000000
NS
USD
242020.80000000
2.157393803590
Long
EC
CORP
US
N
1
N
N
N
American Electric Power Co Inc
1B4S6S7G0TW5EE83BO58
American Electric Power Company, Inc.
025537101
3403.00000000
NS
USD
353095.28000000
3.147521077316
Long
EC
CORP
US
N
1
N
N
N
American Water Works Co Inc
549300DXHIJQMD5WFW18
American Water Works Company, Inc.
030420103
1764.00000000
NS
USD
245390.04000000
2.187427492838
Long
EC
CORP
US
N
1
N
N
N
Atmos Energy Corp
QVLWEGTD2S8GJMO8D383
Atmos Energy Corp.
049560105
1516.00000000
NS
USD
233630.76000000
2.082604280095
Long
EC
CORP
US
N
1
N
N
N
Brookfield Renewable Corp
894500N9AWD5I1YNP231
Brookfield Renewable Corp.
11285B108
4709.00000000
NS
USD
154361.02000000
1.375987138559
Long
EC
CORP
US
N
1
N
N
N
CMS Energy Corp
549300IA9XFBAGNIBW29
CMS Energy Corp.
125896100
3071.00000000
NS
USD
212758.88000000
1.896550583135
Long
EC
CORP
US
N
1
N
N
N
CenterPoint Energy Inc
21TPXMRRHFKOBHDC8J74
CenterPoint Energy, Inc.
15189T107
6392.00000000
NS
USD
234842.08000000
2.093402088639
Long
EC
CORP
US
N
1
N
N
N
Clearway Energy Inc
549300LHAZ9HA9G3XC48
Clearway Energy, Inc.
18539C204
3696.00000000
NS
USD
118272.00000000
1.054286573460
Long
EC
CORP
US
N
1
N
N
N
Consolidated Edison Inc
54930033SBW53OO8T749
Consolidated Edison, Inc.
209115104
2795.00000000
NS
USD
280478.25000000
2.500206753270
Long
EC
CORP
US
N
1
N
N
N
Constellation Energy Corp
549300F8Y20RYGNGV346
Constellation Energy Corp.
21037T109
1512.00000000
NS
USD
488013.12000000
4.350190071096
Long
EC
CORP
US
N
1
N
N
N
DTE Energy Co
549300IX8SD6XXD71I78
DTE Energy Co.
233331107
1739.00000000
NS
USD
230347.94000000
2.053340946008
Long
EC
CORP
US
N
1
N
N
N
Dominion Energy Inc
ILUL7B6Z54MRYCF6H308
Dominion Energy, Inc.
25746U109
5882.00000000
NS
USD
332450.64000000
2.963493016863
Long
EC
CORP
US
N
1
N
N
N
Duke Energy Corp
I1BZKREC126H0VB1BL91
Duke Energy Corp.
26441C204
3861.00000000
NS
USD
455598.00000000
4.061238960156
Long
EC
CORP
US
N
1
N
N
N
Edison International
549300I7ROF15MAEVP56
Edison International
281020107
4171.00000000
NS
USD
215223.60000000
1.918521304889
Long
EC
CORP
US
N
1
N
N
N
Entergy Corp
4XM3TW50JULSLG8BNC79
Entergy Corp.
29364G103
3402.00000000
NS
USD
282774.24000000
2.520673401587
Long
EC
CORP
US
N
1
N
N
N
Essential Utilities Inc
549300ILTEOF3E3QY357
Essential Utilities, Inc.
29670G102
4047.00000000
NS
USD
150305.58000000
1.339836604692
Long
EC
CORP
US
N
1
N
N
N
Evergy Inc
549300PGTHDQY6PSUI61
Evergy, Inc.
30034W106
2738.00000000
NS
USD
188730.34000000
1.682358152958
Long
EC
CORP
US
N
1
N
N
N
Eversource Energy
SJ7XXD41SQU3ZNWUJ746
Eversource Energy
30040W108
3534.00000000
NS
USD
224833.08000000
2.004181019293
Long
EC
CORP
US
N
1
N
N
N
Exelon Corp
3SOUA6IRML7435B56G12
Exelon Corp.
30161N101
7190.00000000
NS
USD
312189.80000000
2.782886181948
Long
EC
CORP
US
N
1
N
N
N
First American Funds
N/A
First American Government Obligations Fund - Class X
N/A
208068.00000000
NS
USD
208068.00000000
1.854735683567
Long
STIV
RF
US
N
1
N
N
FirstEnergy Corp
549300SVYJS666PQJH88
FirstEnergy Corp.
337932107
5471.00000000
NS
USD
220262.46000000
1.963438127498
Long
EC
CORP
US
N
1
N
N
N
Fortis Inc/Canada
549300MQYQ9Y065XPR71
Fortis, Inc.
349553107
3445.00000000
NS
USD
164429.85000000
1.465741537567
Long
EC
CORP
US
N
1
N
N
N
Hawaiian Electric Industries I
JJ8FWOCWCV22X7GUPJ23
Hawaiian Electric Industries, Inc.
419870100
6067.00000000
NS
USD
64492.21000000
0.574888993978
Long
EC
CORP
US
N
1
N
N
N
IDACORP Inc
N134NUJDWN8UEFA8B673
IDACORP, Inc.
451107106
1025.00000000
NS
USD
118336.25000000
1.054859303374
Long
EC
CORP
US
N
1
N
N
N
MDU Resources Group Inc
0T6SBMK3JTBI1JR36794
MDU Resources Group, Inc.
552690109
5255.00000000
NS
USD
87600.85000000
0.780881358045
Long
EC
CORP
US
N
1
N
N
N
MGE Energy Inc
N/A
MGE Energy, Inc.
55277P104
396.00000000
NS
USD
35022.24000000
0.312191198293
Long
EC
CORP
US
N
1
N
N
N
NRG Energy Inc
5E2UPK5SW04M13XY7I38
NRG Energy, Inc.
629377508
1683.00000000
NS
USD
270256.14000000
2.409086003427
Long
EC
CORP
US
N
1
N
N
N
National Fuel Gas Co
8JB38FFW1Y3C1HM8E841
National Fuel Gas Co.
636180101
1535.00000000
NS
USD
130029.85000000
1.159097039063
Long
EC
CORP
US
N
1
N
N
N
National Grid PLC
8R95QZMKZLJX5Q2XR704
National Grid plc
636274409
2271.00000000
NS
USD
168985.11000000
1.506347509028
Long
EC
CORP
GB
N
1
N
N
NextEra Energy Inc
254900RHL9MEUS5NKX63
NextEra Energy, Inc.
65339F101
7924.00000000
NS
USD
550084.08000000
4.903495838563
Long
EC
CORP
US
N
1
N
N
N
XPLR Infrastructure LP
5493008F4ZOQFNG3WN54
XPLR Infrastructure, LP
65341B106
4912.00000000
NS
USD
40278.40000000
0.359045051411
Long
EC
CORP
US
N
1
N
N
N
NiSource Inc
549300D8GOWWH0SJB189
NiSource, Inc.
65473P105
5152.00000000
NS
USD
207831.68000000
1.852629107175
Long
EC
CORP
US
N
1
N
N
N
Northwestern Energy Group Inc
254900N1WG46G1VMDM34
Northwestern Energy Group, Inc.
668074305
1618.00000000
NS
USD
83003.40000000
0.739899301369
Long
EC
CORP
US
N
1
N
N
N
OGE Energy Corp
CE5OG6JPOZMDSA0LAQ19
OGE Energy Corp.
670837103
3180.00000000
NS
USD
141128.40000000
1.258030448914
Long
EC
CORP
US
N
1
N
N
N
ONE Gas Inc
549300HXDWI0LATTX840
ONE Gas, Inc.
68235P108
1374.00000000
NS
USD
98735.64000000
0.880137814309
Long
EC
CORP
US
N
1
N
N
N
Ormat Technologies Inc
5493000TSHHWY24VHM09
Ormat Technologies, Inc.
686688102
1294.00000000
NS
USD
108385.44000000
0.966156944590
Long
EC
CORP
US
N
1
N
N
N
Otter Tail Corp
N/A
Otter Tail Corp.
689648103
950.00000000
NS
USD
73235.50000000
0.652827417737
Long
EC
CORP
US
N
1
N
N
N
PG&E Corp
8YQ2GSDWYZXO2EDN3511
PG&E Corp.
69331C108
18771.00000000
NS
USD
261667.74000000
2.332528282178
Long
EC
CORP
US
N
1
N
N
N
TXNM Energy Inc
5493003JOBJGLZSDDQ28
TXNM Energy, Inc.
69349H107
1821.00000000
NS
USD
102558.72000000
0.914217071558
Long
EC
CORP
US
N
1
N
N
N
PPL Corp
9N3UAJSNOUXFKQLF3V18
PPL Corp.
69351T106
6785.00000000
NS
USD
229943.65000000
2.049737070883
Long
EC
CORP
US
N
1
N
N
N
Pinnacle West Capital Corp
TWSEY0NEDUDCKS27AH81
Pinnacle West Capital Corp.
723484101
1713.00000000
NS
USD
153262.11000000
1.366191362226
Long
EC
CORP
US
N
1
N
N
N
Portland General Electric Co
GJOUP9M7C39GLSK9R870
Portland General Electric Co.
736508847
2438.00000000
NS
USD
99055.94000000
0.882992995498
Long
EC
CORP
US
N
1
N
N
N
Public Service Enterprise Grou
PUSS41EMO3E6XXNV3U28
Public Service Enterprise Group, Inc.
744573106
3710.00000000
NS
USD
312307.80000000
2.783938043891
Long
EC
CORP
US
N
1
N
N
N
Sempra
PBBKGKLRK5S5C0Y4T545
Sempra
816851109
4402.00000000
NS
USD
333539.54000000
2.973199563212
Long
EC
CORP
US
N
1
N
N
N
Southern Co/The
549300FC3G3YU2FBZD92
Southern Co.
842587107
5228.00000000
NS
USD
480087.24000000
4.279538108951
Long
EC
CORP
US
N
1
N
N
N
Talen Energy Corp
N/A
Talen Energy Corp.
87422Q109
439.00000000
NS
USD
127648.03000000
1.137865294894
Long
EC
CORP
US
N
1
N
N
N
UGI Corp
DX6GCWD4Q1JO9CRE5I40
UGI Corp.
902681105
3624.00000000
NS
USD
131986.08000000
1.176535038113
Long
EC
CORP
US
N
1
N
N
N
Vistra Corp
549300KP43CPCUJOOG15
Vistra Corp.
92840M102
2056.00000000
NS
USD
398473.36000000
3.552025105940
Long
EC
CORP
US
N
1
N
N
N
WEC Energy Group Inc
549300IGLYTZUK3PVP70
WEC Energy Group, Inc.
92939U106
2603.00000000
NS
USD
271232.60000000
2.417790250142
Long
EC
CORP
US
N
1
N
N
N
Xcel Energy Inc
LGJNMI9GH8XIDG5RCM61
Xcel Energy, Inc.
98389B100
4334.00000000
NS
USD
295145.40000000
2.630950964207
Long
EC
CORP
US
N
1
N
N
N
BOFA SECURITIES, INC.
549300HN4UKV1E2R3U73
BofA Securities, Inc.
N/A
24256.16000000
PA
USD
24256.16000000
0.216221454035
Long
RA
CORP
US
N
2
Repurchase
Y
4.37000000
2025-07-01
25576.76000000
USD
24741.37000000
USD
UST
N
N
N
BARCLAYS CAPITAL INC.
AC28XWWI3WIBK2824319
Barclays Capital, Inc.
N/A
25119.65000000
PA
USD
25119.65000000
0.223918676652
Long
RA
CORP
US
N
2
Repurchase
Y
4.39000000
2025-07-01
28195.99000000
USD
25622.13000000
USD
UST
N
N
N
J.P. MORGAN SECURITIES LLC
ZBUT11V806EZRVTWT807
J.P. Morgan Securities LLC
N/A
58214.77000000
PA
USD
58214.77000000
0.518931364888
Long
RA
CORP
US
N
2
Repurchase
Y
4.37000000
2025-07-01
64021.35000000
USD
59379.09000000
USD
UST
N
N
N
2025-07-30
Rydex Variable Trust
James Howley
James Howley
CFO