| 1 | AA | Alcoa Corporation | 6.28% |
| 2 | AU | AngloGold Ashanti plc | 5.49% |
| 3 | NEM | Newmont Corporation | 5.37% |
| 4 | TKR | The Timken Company | 5.25% |
| 5 | EMN | Eastman Chemical Company | 4.60% |
| 6 | STLD | Steel Dynamics, Inc. | 4.40% |
| 7 | NUE | Nucor Corporation | 4.34% |
| 8 | MLI | Mueller Industries, Inc. | 4.12% |
| 9 | CF | CF Industries Holdings, Inc. | 3.98% |
| 10 | RS | Reliance, Inc. | 3.77% |
| 11 | WLK | Westlake Corporation | 3.47% |
| 12 | MOS | The Mosaic Company | 3.25% |
| 13 | NEU | NewMarket Corporation | 3.23% |
| 14 | CRS | Carpenter Technology Corporation | 3.14% |
| 15 | OLN | Olin Corporation | 3.13% |
| 16 | FCX | Freeport-McMoRan Inc. | 2.89% |
| 17 | AVY | Avery Dennison Corporation | 2.70% |
| 18 | RGLD | Royal Gold, Inc. | 2.57% |
| 19 | ESI | Element Solutions Inc | 2.47% |
| 20 | SCCO | Southern Copper Corporation | 2.17% |
| 21 | RBC | RBC Bearings Incorporated | 2.15% |
| 22 | LYB | LyondellBasell Industries N.V. | 2.11% |
| 23 | FAST | Fastenal Company | 2.07% |
| 24 | IFF | International Flavors & Fragrances Inc. | 1.89% |
| 25 | ECL | Ecolab Inc. | 1.73% |
| View FXZ holdings |