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        <name>ICE FUTURES U.S.</name>
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        <name>CME Group Inc.</name>
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      <invstOrSec>
        <name>THE LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
        <title>Primary Aluminium future (composite)</title>
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      <invstOrSec>
        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>KC HRW Wheat Futures</title>
        <cusip>000000000</cusip>
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          <ticker value="KE U26"/>
          <other otherDesc="FIGI" value="BBG01NPDM3H3"/>
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      <invstOrSec>
        <name>THE LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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        <name>MEFF SOCIEDAD RECTORA DEL MERCADO DE PRODUCTOS DERIVADOS, S.A.U.</name>
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        <name>ASX 24</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <title>Soybean Meal Futures</title>
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        <name>THE LONDON METAL EXCHANGE</name>
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        <name>ICE FUTURES U.S.</name>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>ICE FUTURES U.S.</counterpartyName>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>NEW YORK MERCANTILE EXCHANGE</name>
        <lei>5493008GFNDTXFPHWI47</lei>
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      <invstOrSec>
        <name>THE LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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          <isin value="GB00H24RWS68"/>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
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        <name>CME Group Inc.</name>
        <lei>KJNXBSWZVIKEX4NFOL81</lei>
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        <curCd>USD</curCd>
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        <assetCat>DCO</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK MERCANTILE EXCHANGE</name>
        <lei>5493008GFNDTXFPHWI47</lei>
        <title>Palladium Futures, Sep-2026,ETH</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
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          <ticker value="6C U26"/>
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      <invstOrSec>
        <name>THE LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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          <isin value="GB00H24RV781"/>
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      <invstOrSec>
        <name>ICE FUTURES U.S.</name>
        <lei>5493004R83R1LVX2IL36</lei>
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        <name>CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
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        <name>NEW YORK MERCANTILE EXCHANGE</name>
        <lei>5493008GFNDTXFPHWI47</lei>
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        <name>CHICAGO MERCANTILE EXCHANGE</name>
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        <title>British Pound Futures</title>
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        <name>Osaka Exchange,Inc</name>
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        <title>Crude Oil Futures,Aug-2026,Composite</title>
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        <name>ICE FUTURES EUROPE</name>
        <lei>549300UF4R84F48NCH34</lei>
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        <name>ICE FUTURES U.S.</name>
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        <name>JSE Clear (Pty) Ltd</name>
        <lei>213800PJDCEXAVMM3J32</lei>
        <title>ALSI Anyday</title>
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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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            </descRefInstrmnt>
            <expDate>2026-09-18</expDate>
            <notionalAmt>167957.57000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>7802.43000000</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 Series Funds</ncom:nameOfApplicant>
      <ncom:signature>James Howley</ncom:signature>
      <ncom:signerName>James Howley</ncom:signerName>
      <ncom:title>Chief Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
