Shareholder Report | 6 Months Ended |
Jun. 30, 2024 USD ($) shares |
Shareholder Report [Line Items] | |
Document Type | N-CSRS |
Amendment Flag | false |
Registrant Name | Guggenheim Variable Funds Trust |
Entity Central Index Key | 0000217087 |
Entity Investment Company Type | N-1A |
Document Period End Date | Jun. 30, 2024 |
Variable Annuity | |
Shareholder Report [Line Items] | |
Fund Name | Series A (StylePlus—Large Core Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $61 1.14% |
Expenses Paid, Amount | $ 61 |
Expense Ratio, Percent | 1.14% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 15.31%, outperforming the fund's benchmark, the S&P 500 Index, which returned 15.29% for the same period. What factors materially affected the fund's performance over the last six months? The equity sleeve was allocated 15%-25% to actively managed equity and 75%-85% to passive equity. Relative to the fund's benchmark, the active equity sleeve contributed to performance. The passive equity component, which accounted for most of the fund's exposure to the broad equity market, consisted of equity index swaps and equity index futures, and generated performance roughly in line with fund's benchmark (before costs associated with derivatives); the active fixed income sleeve generated excess returns over the costs of equity index derivatives. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series A (StylePlus—Large Core Series) 15.31% 25.15% 14.41% 12.39% S&P 500 Index 15.29% 24.56% 15.05% 12.86% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 249,083,822 |
Holdings Count | shares | 85 |
Investment Company, Portfolio Turnover | 26% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $249,083,822 Number of Portfolio Holdings 85 Portfolio Turnover Rate 26% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets S&P 500 Index Swap Agreements 76.2% Technology 8.1% Consumer, Non-cyclical 3.6% Communications 2.8% Industrial 2.7% Financial 2.5% Consumer, Cyclical 2.0% Other 2.4% 10 Largest Holdings 2 Top 10 % of Net Assets Guggenheim Strategy Fund III 24.5% Guggenheim Variable Insurance Strategy Fund III 23.8% Guggenheim Strategy Fund II 14.2% Guggenheim Ultra Short Duration Fund — Institutional Class 11.6% Microsoft Corp. 1.9% Apple, Inc. 1.7% NVIDIA Corp. 1.3% Alphabet, Inc. — Class C 0.7% Amazon.com, Inc. 0.7% Broadcom, Inc. 0.5% Top 10 Total 80.9% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 2 Top 10 % of Net Assets Guggenheim Strategy Fund III 24.5% Guggenheim Variable Insurance Strategy Fund III 23.8% Guggenheim Strategy Fund II 14.2% Guggenheim Ultra Short Duration Fund — Institutional Class 11.6% Microsoft Corp. 1.9% Apple, Inc. 1.7% NVIDIA Corp. 1.3% Alphabet, Inc. — Class C 0.7% Amazon.com, Inc. 0.7% Broadcom, Inc. 0.5% Top 10 Total 80.9% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |
Variable Annuity, Series B (Large Cap Value Series) | |
Shareholder Report [Line Items] | |
Fund Name | Series B (Large Cap Value Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $40 0.77% |
Expenses Paid, Amount | $ 40 |
Expense Ratio, Percent | 0.77% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 8.72%, underperforming the fund's benchmark, the S&P 500 Index, which returned 15.29% for the same period and outperforming the fund's secondary index, the Russell 1000 Value Index, which returned 6.62% for the same period. The fund's broad-based securities market index was changed from the Russell 1000 Value Index to the S&P 500 Index to comply with the regulation that requires the fund's broad-based securities market index to represent the overall applicable market. What factors materially affected the fund's performance over the last six months? The fund's stock selection was the most significant contributor to outperformance relative to the Russell 1000 Value Index for the reporting period, due to the AI-driven Technology holdings in Alphabet, Inc.- Class A, Qualcomm Inc, KLA Corp, Teradyne Inc., and Applied Materials. Positions in Diamondback Energy and Leidos Holdings in the Energy and Professional Services sectors also contributed meaningfully. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series B (Large Cap Value Series) 8.72% 13.80% 10.58% 8.52% S&P 500 Index 15.29% 24.56% 15.05% 12.86% Russell 1000 Value Index 6.62% 13.06% 9.01% 8.23% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 203,542,452 |
Holdings Count | shares | 83 |
Investment Company, Portfolio Turnover | 8% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $203,542,452 Number of Portfolio Holdings 83 Portfolio Turnover Rate 8% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets Financial 18.5% Consumer, Non-cyclical 15.5% Energy 11.3% Technology 10.7% Consumer, Cyclical 10.0% Industrial 7.6% Communications 6.8% Other 15.4% 10 Largest Holdings 2 Top 10 % of Net Assets iShares Russell 1000 Value ETF 3.6% Bank of America Corp. 2.7% Berkshire Hathaway, Inc. — Class B 2.6% Chevron Corp. 2.6% Verizon Communications, Inc. 2.5% Walmart, Inc. 2.3% Alphabet, Inc. — Class A 2.1% ConocoPhillips 2.1% Diamondback Energy, Inc. 1.9% JPMorgan Chase & Co. 1.8% Top 10 Total 24.2% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 2 Top 10 % of Net Assets iShares Russell 1000 Value ETF 3.6% Bank of America Corp. 2.7% Berkshire Hathaway, Inc. — Class B 2.6% Chevron Corp. 2.6% Verizon Communications, Inc. 2.5% Walmart, Inc. 2.3% Alphabet, Inc. — Class A 2.1% ConocoPhillips 2.1% Diamondback Energy, Inc. 1.9% JPMorgan Chase & Co. 1.8% Top 10 Total 24.2% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |
Variable Annuity, Series D (World Equity Income Series) | |
Shareholder Report [Line Items] | |
Fund Name | Series D (World Equity Income Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $45 0.87% |
Expenses Paid, Amount | $ 45 |
Expense Ratio, Percent | 0.87% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 9.83%, underperforming the fund's benchmark, the MSCI World (Net) Index, which returned 11.75% for the same period. What factors materially affected the fund's performance over the last six months? An underweight in the Health Care sector and good selection in Financials were the largest positive contributors to the fund's return. The leading overall detractor from return was allocation, with the Information Technology and Communication Services sectors responsible for most of the relative underperformance. The fund was also most underweight relative to the Benchmark in the Information Technology sector, which exacerbated the underperformance. From a country perspective, Security selection in Australia was a large positive contributor to return. Europe as a whole contributed to return, with the largest relative contributions from Italy, France, and Sweden. The U.S. was the single largest relative detractor from return. The UK and Germany were the other leading detractors from return on a relative basis. The top relative individual contributor to the fund was Dell Technologies, Inc. The biggest detractor was an underweight in Nvidia Corp. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series D (World Equity Income Series) 9.83% 16.98% 9.44% 6.86% MSCI World (Net) Index 11.75% 20.19% 11.78% 9.16% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 115,943,933 |
Holdings Count | shares | 146 |
Investment Company, Portfolio Turnover | 56% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $115,943,933 Number of Portfolio Holdings 146 Portfolio Turnover Rate 56% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets Financial 22.8% Technology 20.4% Consumer, Non-cyclical 14.5% Consumer, Cyclical 9.4% Communications 8.7% Industrial 6.5% Utilities 6.5% Other 9.9% Country Diversification (% of Total Investments) as of 6.30.24 Geographic Region % of Net Assets United States 69.5% Japan 3.6% Netherlands 3.6% Denmark 2.7% Australia 2.2% France 2.2% Canada 2.1% Other 14.1% Total Investments 100.0% 10 Largest Holdings 2 Top 10 % of Net Assets NVIDIA Corp. 3.4% Apple, Inc. 3.4% Microsoft Corp. 3.3% Alphabet, Inc. — Class C 2.4% Amazon.com, Inc. 2.0% Novo Nordisk A/S — Class B 1.5% Walmart, Inc. 1.3% Johnson & Johnson 1.2% Berkshire Hathaway, Inc. — Class B 1.2% UnitedHealth Group, Inc. 1.1% Top 10 Total 20.8% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 2 Top 10 % of Net Assets NVIDIA Corp. 3.4% Apple, Inc. 3.4% Microsoft Corp. 3.3% Alphabet, Inc. — Class C 2.4% Amazon.com, Inc. 2.0% Novo Nordisk A/S — Class B 1.5% Walmart, Inc. 1.3% Johnson & Johnson 1.2% Berkshire Hathaway, Inc. — Class B 1.2% UnitedHealth Group, Inc. 1.1% Top 10 Total 20.8% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |
Variable Annuity, Series E (Total Return Bond Series) | |
Shareholder Report [Line Items] | |
Fund Name | Series E (Total Return Bond Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $43 0.87% |
Expenses Paid, Amount | $ 43 |
Expense Ratio, Percent | 0.87% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 0.21%, outperforming the fund's benchmark, the Bloomberg U.S. Aggregate Bond Index, which returned (0.71%) for the same period. What factors materially affected the fund's performance over the last six months? The fund's relative outperformance to the Benchmark was primarily driven by security selection, sector allocation and the fund's carry advantage over the benchmark. Carry is the difference between the cost of financing an asset and the interest received on that asset. Duration was a detractor from absolute returns as interest rates rose roughly 50 basis points over the performance period but only a modest detractor in relative terms. The fund benefited from an overweight allocation to asset-backed securities, as securitized credit spreads broadly outperformed corporate credit spreads. Security selection within agency residential mortgage-backed securities, investment grade corporates, and high yield corporates were key contributors to relative performance. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series E (Total Return Bond Series) 0.21% 4.12% 0.65% 2.45% Bloomberg U.S. Aggregate Bond Index -0.71% 2.63% -0.23% 1.35% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 160,389,829 |
Holdings Count | shares | 538 |
Investment Company, Portfolio Turnover | 41% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $160,389,829 Number of Portfolio Holdings 538 Portfolio Turnover Rate 41% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets Collateralized Mortgage Obligations 32.3% Interest Rate Swap Agreements 26.2% Corporate Bonds 26.2% Asset-Backed Securities 21.1% U.S. Government Securities 18.0% 3-Month SOFR Futures Contracts 6.7% Mutual Funds 3.9% Preferred Stocks 2.4% Senior Floating Rate Interests 1.8% Other 1.5% Portfolio Composition by Quality Rating 2 6.30.24 Credit Quality % of Net Assets AAA 46.1% AA 6.2% A 13.6% BBB 14.6% BB 5.4% B 1.3% CCC 0.3% CC 1.4% C 0.1% NR 3 3.2% Other Instruments 7.8% 10 Largest Holdings 4 6.30.24 Top 10 % of Net Assets Guggenheim Total Return Bond Fund — R6-Class 3.9% U.S. Treasury Notes, 4.13% due 03/31/31 2.7% Uniform MBS 30 Year due 09/01/24 2.7% Uniform MBS 30 Year due 09/01/24 2.6% U.S. Treasury Bonds due 05/15/53 2.2% U.S. Treasury Notes, 4.00% due 02/15/34 2.1% U.S. Treasury Notes, 4.50% due 05/31/29 2.0% U.S. Treasury Notes, 4.63% due 04/30/31 1.6% Uniform MBS 15 Year due 08/01/24 1.3% Freddie Mac, 5.00% due 06/01/53 1.1% Top 10 Total 22.2% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 Source: BlackRock Solutions. Credit quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). All securities except for those labeled "NR" have been rated by Moody's, Standard & Poor's ("S&P"), or Fitch, each of which is a Nationally Recognized Statistical Rating Organization ("NRSRO"). For purposes of this presentation, when ratings are available from more than one agency, the highest rating is used. Guggenheim Investments has converted ratings to the equivalent S&P rating. Security ratings are determined at the time of purchase and may change thereafter. 3 NR (not rated) securities do not necessarily indicate low credit quality. 4 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 4 6.30.24 Top 10 % of Net Assets Guggenheim Total Return Bond Fund — R6-Class 3.9% U.S. Treasury Notes, 4.13% due 03/31/31 2.7% Uniform MBS 30 Year due 09/01/24 2.7% Uniform MBS 30 Year due 09/01/24 2.6% U.S. Treasury Bonds due 05/15/53 2.2% U.S. Treasury Notes, 4.00% due 02/15/34 2.1% U.S. Treasury Notes, 4.50% due 05/31/29 2.0% U.S. Treasury Notes, 4.63% due 04/30/31 1.6% Uniform MBS 15 Year due 08/01/24 1.3% Freddie Mac, 5.00% due 06/01/53 1.1% Top 10 Total 22.2% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 Source: BlackRock Solutions. Credit quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). All securities except for those labeled "NR" have been rated by Moody's, Standard & Poor's ("S&P"), or Fitch, each of which is a Nationally Recognized Statistical Rating Organization ("NRSRO"). For purposes of this presentation, when ratings are available from more than one agency, the highest rating is used. Guggenheim Investments has converted ratings to the equivalent S&P rating. Security ratings are determined at the time of purchase and may change thereafter. 3 NR (not rated) securities do not necessarily indicate low credit quality. 4 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |
Variable Annuity, Series F (Floating Rate Strategies Series) | |
Shareholder Report [Line Items] | |
Fund Name | Series F (Floating Rate Strategies Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $58 1.14% |
Expenses Paid, Amount | $ 58 |
Expense Ratio, Percent | 1.14% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 3.12%, outperforming the fund's benchmark, the Bloomberg U.S. Aggregate Bond Index, which returned (0.71%) for the same period and underperforming the fund's secondary index, the Credit Suisse Leveraged Loan Index, which returned 4.44% for the same period. The fund's broad-based securities market index was changed from the Credit Suisse Leveraged Loan Index to the Bloomberg U.S. Aggregate Index to comply with the regulation that requires the fund's broad-based securities market index to represent the overall applicable market. What factors materially affected the fund's performance over the last six months? Above-average returns for both the fund and the Credit Suisse Leveraged Loan Index (the "Index") continued to be driven by high all-in coupon. Interest return accounted for over 100% of overall return for both the fund and the benchmark during the first half of the year (more than offsetting a negative return from price movement). From a supply/demand perspective, record collateralized loan obligation issuance pushed the supply deficit to all-time highs as robust primary activity remained primarily opportunistic (refinancings/repricings). Comparing the fund to the Index, credit issues in the consumer and communications sectors were the primary detractors to performance during the reporting period. Relative performance benefited from an overweight to the consumer non-cyclicals sector and from the fund's small high yield bond allocation. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series F (Floating Rate Strategies Series) 3.12% 8.48% 3.66% 3.47% Bloomberg U.S. Aggregate Bond Index -0.71% 2.63% -0.23% 1.35% Credit Suisse Leveraged Loan Index 4.44% 11.04% 5.36% 4.61% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 56,876,119 |
Holdings Count | shares | 235 |
Investment Company, Portfolio Turnover | 31% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $56,876,119 Number of Portfolio Holdings 235 Portfolio Turnover Rate 31% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets Senior Floating Rate Interests 94.6% Mutual Fund 2.6% Exchange-Traded Funds 2.6% Common Stocks 0.4% Corporate Bonds 0.4% Portfolio Composition by Quality Rating 2 6.30.24 Credit Quality % of Net Assets BBB 6.7% BB 35.3% B 46.5% CCC 3.0% CC 0.1% NR 3 0.2% Other Instruments 8.2% 10 Largest Holdings 4 6.30.24 Top 10 % of Net Assets Guggenheim Floating Rate Strategies Fund — Class R6 2.6% SPDR Blackstone Senior Loan ETF 2.6% Arsenal AIC Parent LLC, 9.10% 0.9% Planview Parent, Inc., 9.08% 0.9% Restaurant Brands, 7.09% 0.9% WMG Acquisition Corp. 0.9% McGraw Hill LLC, 10.20% 0.9% American Builders & Contractors Supply Co., Inc., 7.34% 0.9% Summit Behavioral Healthcare LLC, 9.60% 0.9% Beacon Roofing Supply, Inc., 7.34% 0.9% Top 10 Total 12.4% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 Source: BlackRock Solutions. Credit quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). All securities except for those labeled "NR" have been rated by Moody's, Standard & Poor's ("S&P"), or Fitch, each of which is a Nationally Recognized Statistical Rating Organization ("NRSRO"). For purposes of this presentation, when ratings are available from more than one agency, the highest rating is used. Guggenheim Investments has converted ratings to the equivalent S&P rating. Security ratings are determined at the time of purchase and may change thereafter. 3 NR (not rated) securities do not necessarily indicate low credit quality. 4 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 4 6.30.24 Top 10 % of Net Assets Guggenheim Floating Rate Strategies Fund — Class R6 2.6% SPDR Blackstone Senior Loan ETF 2.6% Arsenal AIC Parent LLC, 9.10% 0.9% Planview Parent, Inc., 9.08% 0.9% Restaurant Brands, 7.09% 0.9% WMG Acquisition Corp. 0.9% McGraw Hill LLC, 10.20% 0.9% American Builders & Contractors Supply Co., Inc., 7.34% 0.9% Summit Behavioral Healthcare LLC, 9.60% 0.9% Beacon Roofing Supply, Inc., 7.34% 0.9% Top 10 Total 12.4% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 Source: BlackRock Solutions. Credit quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). All securities except for those labeled "NR" have been rated by Moody's, Standard & Poor's ("S&P"), or Fitch, each of which is a Nationally Recognized Statistical Rating Organization ("NRSRO"). For purposes of this presentation, when ratings are available from more than one agency, the highest rating is used. Guggenheim Investments has converted ratings to the equivalent S&P rating. Security ratings are determined at the time of purchase and may change thereafter. 3 NR (not rated) securities do not necessarily indicate low credit quality. 4 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |
Variable Annuity, Series J (StylePlus—Mid Growth Series) | |
Shareholder Report [Line Items] | |
Fund Name | Series J (StylePlus—Mid Growth Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $63 1.23% |
Expenses Paid, Amount | $ 63 |
Expense Ratio, Percent | 1.23% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 7.60%, underperforming the fund's benchmark, the S&P 500 Index, which returned 15.29% for the same period and outperforming the fund's secondary index, the Russell Midcap Growth Index, which returned 5.98% for the same period. The fund's broad-based securities market index was changed from the Russell Midcap Growth Index to the S&P 500 Index to comply with the regulation that requires the fund's broad-based securities market index to represent the overall applicable market. What factors materially affected the fund's performance over the last six months? The fund outperformed the Russell Midcap Growth Index (the "Index") for the reporting period. The equity sleeve was allocated 15%-25% to actively managed equity and 75%-85% to passive equity. Relative to the Index, the active equity sleeve contributed to performance. The passive equity component, which accounted for most of the fund's exposure to the broad equity market, consisted of equity index swaps and equity index futures, and generated performance roughly in line with the Index (before costs associated with derivatives); the active fixed income sleeve generated excess returns over the costs of equity index derivatives. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series J (StylePlus—Mid Growth Series) 7.60% 16.93% 9.55% 9.96% S&P 500 Index 15.29% 24.56% 15.05% 12.86% Russell Midcap Growth Index 5.98% 15.05% 9.93% 10.51% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 173,487,396 |
Holdings Count | shares | 150 |
Investment Company, Portfolio Turnover | 34% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $173,487,396 Number of Portfolio Holdings 150 Portfolio Turnover Rate 34% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets Russell Midcap Growth Index Swap Agreements 77.0% Industrial 6.9% Consumer, Cyclical 5.5% Technology 3.5% Consumer, Non-cyclical 2.8% Equity Futures Contracts 2.8% Energy 1.6% Other 2.9% 10 Largest Holdings 2 Top 10 % of Net Assets Guggenheim Variable Insurance Strategy Fund III 26.8% Guggenheim Strategy Fund III 26.5% Guggenheim Strategy Fund II 20.2% Guggenheim Ultra Short Duration Fund — Institutional Class 1.7% Owens Corning 0.5% Neurocrine Biosciences, Inc. 0.5% Pure Storage, Inc. — Class A 0.4% Lennox International, Inc. 0.4% Toll Brothers, Inc. 0.4% United Therapeutics Corp. 0.4% Top 10 Total 77.8% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 2 Top 10 % of Net Assets Guggenheim Variable Insurance Strategy Fund III 26.8% Guggenheim Strategy Fund III 26.5% Guggenheim Strategy Fund II 20.2% Guggenheim Ultra Short Duration Fund — Institutional Class 1.7% Owens Corning 0.5% Neurocrine Biosciences, Inc. 0.5% Pure Storage, Inc. — Class A 0.4% Lennox International, Inc. 0.4% Toll Brothers, Inc. 0.4% United Therapeutics Corp. 0.4% Top 10 Total 77.8% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |
Variable Annuity, Series N (Managed Asset Allocation Series) | |
Shareholder Report [Line Items] | |
Fund Name | Series N (Managed Asset Allocation Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $50 0.98% |
Expenses Paid, Amount | $ 50 |
Expense Ratio, Percent | 0.98% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 5.88%, outperforming the fund's benchmark, the Bloomberg U.S. Aggregate Bond Index, which returned (0.71%) for the same period and underperforming the fund's secondary index, the S&P 500 Index, which returned 15.29% for the same period. What factors materially affected the fund's performance over the last six months? Strong earnings growth in large cap technology stocks propelled the equity market, more particularly the U.S. large cap equity market, to historical records multiple times during the reporting period. Smaller U.S. stocks and international equity markets performed less strongly. Bond markets have struggled with the oscillating outlook on whether or how frequently the Federal Reserve might cut interest rates this year. Treasury and high quality bonds, in general, declined. S&P 500 futures and ETFs, the S&P Mid Cap ETF, and MSCI EAFE Index futures and ETFs were the biggest contributors to the fund's return, while the biggest detractors were the Bloomberg U.S. Aggregate Bond ETF, iShares iBoxx Investment Grade Bond ETF, and the 10-year U.S. Treasury ETF and related futures. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series N (Managed Asset Allocation Series) 5.88% 11.59% 6.29% 6.12% Bloomberg U.S. Aggregate Bond Index -0.71% 2.63% -0.23% 1.35% S&P 500 Index 15.29% 24.56% 15.05% 12.86% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 35,573,951 |
Holdings Count | shares | 23 |
Investment Company, Portfolio Turnover | 1% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $35,573,951 Number of Portfolio Holdings 23 Portfolio Turnover Rate 1% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets Exchange-Traded Funds 86.6% Equity Futures Contracts 9.4% Interest Rate Futures Contracts 3.0% Interest Rate Futures Contracts Short Sales -0.6% 10 Largest Holdings 2 Top 10 % of Net Assets Vanguard S&P 500 ETF 23.3% Schwab U.S. Aggregate Bond ETF 14.5% SPDR S&P 500 ETF Trust 12.5% iShares MSCI EAFE ETF 8.6% iShares 7-10 Year Treasury Bond ETF 7.8% iShares iBoxx $ Investment Grade Corporate Bond ETF 7.1% iShares 1-3 Year Treasury Bond ETF 6.6% iShares Core S&P Mid-Cap ETF 6.2% Guggenheim Variable Insurance Strategy Fund III 3.1% Guggenheim Strategy Fund II 3.0% Top 10 Total 92.7% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 2 Top 10 % of Net Assets Vanguard S&P 500 ETF 23.3% Schwab U.S. Aggregate Bond ETF 14.5% SPDR S&P 500 ETF Trust 12.5% iShares MSCI EAFE ETF 8.6% iShares 7-10 Year Treasury Bond ETF 7.8% iShares iBoxx $ Investment Grade Corporate Bond ETF 7.1% iShares 1-3 Year Treasury Bond ETF 6.6% iShares Core S&P Mid-Cap ETF 6.2% Guggenheim Variable Insurance Strategy Fund III 3.1% Guggenheim Strategy Fund II 3.0% Top 10 Total 92.7% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |
Variable Annuity, Series O (All Cap Value Series) | |
Shareholder Report [Line Items] | |
Fund Name | Series O (All Cap Value Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $44 0.85% |
Expenses Paid, Amount | $ 44 |
Expense Ratio, Percent | 0.85% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 6.52%, underperforming the fund's benchmark, the S&P 500 Index, which returned 15.29% for the same period and outperforming the fund's secondary index, the Russell 3000 Value Index, which returned 6.18% for the same period. What factors materially affected the fund's performance over the last six months? The fund slightly outperformed the Russell 3000 Value Index for the reporting period. It benefited from its underweight to the Health Care and REITs sectors. Its overweight to smaller-market-cap companies detracted from performance as the larger, mega-cap companies in the market performed best. The fund's stock selection was the most significant contributor to outperformance due to the AI-driven technology holdings in Alphabet, KLA Corp, Teradyne, and Qualcomm as well as holdings in Diamondback Energy, Jefferies Financial, Leidos, and Encompass Health. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series O (All Cap Value Series) 6.52% 11.34% 10.10% 8.16% S&P 500 Index 15.29% 24.56% 15.05% 12.86% Russell 3000 Value Index 6.18% 12.93% 8.89% 8.10% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 93,533,140 |
Holdings Count | shares | 141 |
Investment Company, Portfolio Turnover | 12% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $93,533,140 Number of Portfolio Holdings 141 Portfolio Turnover Rate 12% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets Financial 20.8% Consumer, Non-cyclical 15.9% Energy 11.0% Industrial 11.0% Technology 10.4% Consumer, Cyclical 9.4% Utilities 7.0% Other 11.3% 10 Largest Holdings 2 Top 10 % of Net Assets Jefferies Financial Group, Inc. 2.4% Chevron Corp. 2.3% Diamondback Energy, Inc. 2.1% Berkshire Hathaway, Inc. — Class B 2.0% JPMorgan Chase & Co. 2.0% Bank of America Corp. 1.9% OGE Energy Corp. 1.9% Walmart, Inc. 1.8% Verizon Communications, Inc. 1.7% Pinnacle West Capital Corp. 1.7% Top 10 Total 19.8% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 2 Top 10 % of Net Assets Jefferies Financial Group, Inc. 2.4% Chevron Corp. 2.3% Diamondback Energy, Inc. 2.1% Berkshire Hathaway, Inc. — Class B 2.0% JPMorgan Chase & Co. 2.0% Bank of America Corp. 1.9% OGE Energy Corp. 1.9% Walmart, Inc. 1.8% Verizon Communications, Inc. 1.7% Pinnacle West Capital Corp. 1.7% Top 10 Total 19.8% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |
Variable Annuity, Series P (High Yield Series) | |
Shareholder Report [Line Items] | |
Fund Name | Series P (High Yield Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $54 1.07% |
Expenses Paid, Amount | $ 54 |
Expense Ratio, Percent | 1.07% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 2.49%, outperforming the fund's benchmark, the Bloomberg U.S. Aggregate Bond Index, which returned (0.71%) for the same period and underperforming the fund's secondary index, the Bloomberg U.S. Corporate High Yield Index, which returned 2.58% for the same period. The fund's broad-based securities market index was changed from the Bloomberg U.S. Corporate High Yield Index to the Bloomberg U.S. Aggregate Bond Index to comply with the regulation that requires the fund's broad-based securities market index to represent the overall applicable market. What factors materially affected the fund's performance over the last six months? Overall, lower financing costs and borrower sentiment spurred heavy new issuance volume while strong market conditions kept spreads tight. The primary contributors to the fund's performance were exposure to higher quality credit and a restructured equity position, and the primary detractor was weaker performance from consumer cyclical holdings. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series P (High Yield Series) 2.49% 9.84% 3.40% 3.58% Bloomberg U.S. Aggregate Bond Index -0.71% 2.63% -0.23% 1.35% Bloomberg U.S. Corporate High Yield Index 2.58% 10.44% 3.92% 4.31% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 32,004,941 |
Holdings Count | shares | 273 |
Investment Company, Portfolio Turnover | 24% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $32,004,941 Number of Portfolio Holdings 273 Portfolio Turnover Rate 24% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets Corporate Bonds 86.7% Senior Floating Rate Interests 10.6% Preferred Stocks 1.3% Common Stocks 0.4% Portfolio Composition by Quality Rating 2 6.30.24 Credit Quality % of Net Assets BBB 3.1% BB 46.7% B 39.3% CCC 6.5% CC 0.1% NR 3 0.1% Other Instruments 4.2% 10 Largest Holdings 4 6.30.24 Top 10 % of Net Assets Terraform Global Operating, LP, 6.13% 1.3% CPI CG, Inc., 8.63% 1.1% Cheplapharm Arzneimittel GmbH, 5.50% 1.1% Enviri Corp., 5.75% 1.0% CVR Energy, Inc., 5.75% 1.0% ITT Holdings LLC, 6.50% 0.9% VZ Secured Financing BV, 5.00% 0.9% CPI CG, Inc., 10.00% 0.9% Trinity Industries, Inc., 7.75% 0.9% GrafTech Finance, Inc., 4.63% 0.8% Top 10 Total 9.9% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 Source: BlackRock Solutions. Credit quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). All securities except for those labeled "NR" have been rated by Moody's, Standard & Poor's ("S&P"), or Fitch, each of which is a Nationally Recognized Statistical Rating Organization ("NRSRO"). For purposes of this presentation, when ratings are available from more than one agency, the highest rating is used. Guggenheim Investments has converted ratings to the equivalent S&P rating. Security ratings are determined at the time of purchase and may change thereafter. 3 NR (not rated) securities do not necessarily indicate low credit quality. 4 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 4 6.30.24 Top 10 % of Net Assets Terraform Global Operating, LP, 6.13% 1.3% CPI CG, Inc., 8.63% 1.1% Cheplapharm Arzneimittel GmbH, 5.50% 1.1% Enviri Corp., 5.75% 1.0% CVR Energy, Inc., 5.75% 1.0% ITT Holdings LLC, 6.50% 0.9% VZ Secured Financing BV, 5.00% 0.9% CPI CG, Inc., 10.00% 0.9% Trinity Industries, Inc., 7.75% 0.9% GrafTech Finance, Inc., 4.63% 0.8% Top 10 Total 9.9% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 Source: BlackRock Solutions. Credit quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). All securities except for those labeled "NR" have been rated by Moody's, Standard & Poor's ("S&P"), or Fitch, each of which is a Nationally Recognized Statistical Rating Organization ("NRSRO"). For purposes of this presentation, when ratings are available from more than one agency, the highest rating is used. Guggenheim Investments has converted ratings to the equivalent S&P rating. Security ratings are determined at the time of purchase and may change thereafter. 3 NR (not rated) securities do not necessarily indicate low credit quality. 4 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |
Variable Annuity, Series Q (Small Cap Value Series) | |
Shareholder Report [Line Items] | |
Fund Name | Series Q (Small Cap Value Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $55 1.11% |
Expenses Paid, Amount | $ 55 |
Expense Ratio, Percent | 1.11% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 0.32%, underperforming the fund's benchmark, the S&P 500 Index, which returned 15.29% for the same period and outperforming the fund's secondary index, the Russell 2000 Value Index, which returned (0.85%) for the same period. The fund's broad-based securities market index was changed from the Russell 2000 Value Index to the S&P 500 Index to comply with the regulation that requires the fund's broad-based securities market index to represent the overall applicable market. What factors materially affected the fund's performance over the last six months? The fund outperformed the Russell 2000 Value Index for the reporting period. However, the return was subdued relative to many other equity benchmarks, as the AI-driven large cap technology growth stocks drove many indices much higher. The fund benefited from its underweight to banks, REITs, and consumer discretionary sectors. There was meaningful contribution from holdings in Kirby Corp, Pioneer Natural Resources, Encompass Health, Stifel Financial, Crocs, and Radnet. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series Q (Small Cap Value Series) 0.32% 9.04% 7.82% 5.20% S&P 500 Index 15.29% 24.56% 15.05% 12.86% Russell 2000 Value Index -0.85% 10.90% 7.07% 6.23% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 57,391,967 |
Holdings Count | shares | 103 |
Investment Company, Portfolio Turnover | 13% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $57,391,967 Number of Portfolio Holdings 103 Portfolio Turnover Rate 13% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets Financial 25.7% Industrial 16.6% Consumer, Non-cyclical 15.9% Consumer, Cyclical 9.8% Energy 9.8% Exchange Traded Funds 5.5% Utilities 4.6% Other 9.5% 10 Largest Holdings 2 Top 10 % of Net Assets SPDR S&P Biotech ETF 3.1% iShares Russell 2000 Value ETF 2.5% Encompass Health Corp. 2.4% Stifel Financial Corp. 2.2% Liberty Energy, Inc. — Class A 2.0% MGP Ingredients, Inc. 2.0% Murphy Oil Corp. 2.0% Rush Enterprises, Inc. — Class A 2.0% Kirby Corp. 2.0% OGE Energy Corp. 1.9% Top 10 Total 22.1% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 2 Top 10 % of Net Assets SPDR S&P Biotech ETF 3.1% iShares Russell 2000 Value ETF 2.5% Encompass Health Corp. 2.4% Stifel Financial Corp. 2.2% Liberty Energy, Inc. — Class A 2.0% MGP Ingredients, Inc. 2.0% Murphy Oil Corp. 2.0% Rush Enterprises, Inc. — Class A 2.0% Kirby Corp. 2.0% OGE Energy Corp. 1.9% Top 10 Total 22.1% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |
Variable Annuity, Series V (SMid Cap Value Series) | |
Shareholder Report [Line Items] | |
Fund Name | Series V (SMid Cap Value Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $44 0.88% |
Expenses Paid, Amount | $ 44 |
Expense Ratio, Percent | 0.88% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 2.98%, underperforming the fund's benchmark, the S&P 500 Index, which returned 15.29% for the same period and outperforming the fund's secondary index, the Russell 2500 Value Index, which returned 1.50% for the same period. What factors materially affected the fund's performance over the last six months? The fund outperformed the Russell 2500 Value Index for the reporting period. However, the return was subdued relative to many other equity benchmarks, as the AI-driven large cap technology growth stocks drove many indices much higher. The fund benefited from its industry allocations (overweight in Utilities and Technology while underweight in Consumer Discretionary and REITs) as well as strong individual stock performance from Jefferies Financial, Stifel Financial, Leidos and Crocs. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series V (SMid Cap Value Series) 2.98% 8.91% 9.57% 7.18% S&P 500 Index 15.29% 24.56% 15.05% 12.86% Russell 2500 Value Index 1.50% 11.24% 8.01% 6.77% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 155,845,824 |
Holdings Count | shares | 91 |
Investment Company, Portfolio Turnover | 17% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $155,845,824 Number of Portfolio Holdings 91 Portfolio Turnover Rate 17% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets Industrial 22.3% Financial 19.3% Consumer, Non-cyclical 16.0% Technology 8.4% Consumer, Cyclical 7.8% Basic Materials 7.5% Utilities 7.3% Other 8.0% 10 Largest Holdings 2 Top 10 % of Net Assets Unum Group 2.8% Jefferies Financial Group, Inc. 2.5% Teradyne, Inc. 2.4% Stifel Financial Corp. 2.4% Pinnacle West Capital Corp. 2.4% OGE Energy Corp. 2.3% Teledyne Technologies, Inc. 2.3% Old Republic International Corp. 2.2% Evergy, Inc. 2.2% Diamondback Energy, Inc. 2.2% Top 10 Total 23.7% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 2 Top 10 % of Net Assets Unum Group 2.8% Jefferies Financial Group, Inc. 2.5% Teradyne, Inc. 2.4% Stifel Financial Corp. 2.4% Pinnacle West Capital Corp. 2.4% OGE Energy Corp. 2.3% Teledyne Technologies, Inc. 2.3% Old Republic International Corp. 2.2% Evergy, Inc. 2.2% Diamondback Energy, Inc. 2.2% Top 10 Total 23.7% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |
Variable Annuity, Series X (StylePlus—Small Growth Series) | |
Shareholder Report [Line Items] | |
Fund Name | Series X (StylePlus—Small Growth Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $64 1.26% |
Expenses Paid, Amount | $ 64 |
Expense Ratio, Percent | 1.26% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 3.93%, underperforming the fund's benchmark, the S&P 500 Index, which returned 15.29% for the same period and underperforming the fund's secondary index, the Russell 2000 Growth Index, which returned 4.44% for the same period. What factors materially affected the fund's performance over the last six months? The fund underperformed the Russell 2000 Growth Index (the "Index") for the reporting period. The equity sleeve was allocated 20%-30% to actively managed equity and 70%-80% to passive equity. Relative to the Index, the active equity sleeve detracted from performance. The passive equity component, which accounted for most of the fund's exposure to the broad equity market, consisted of equity index swaps and equity index futures, and generated performance roughly in line with the Index (before costs associated with derivatives); the active fixed income sleeve generated excess returns over the costs of equity index derivatives. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series X (StylePlus—Small Growth Series) 3.93% 10.34% 6.50% 7.62% S&P 500 Index 15.29% 24.56% 15.05% 12.86% Russell 2000 Growth Index 4.44% 9.14% 6.17% 7.39% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 26,201,956 |
Holdings Count | shares | 137 |
Investment Company, Portfolio Turnover | 40% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $26,201,956 Number of Portfolio Holdings 137 Portfolio Turnover Rate 40% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets Russell 2000 Growth Index Swap Agreements 75.1% Industrial 7.0% Consumer, Cyclical 5.1% Consumer, Non-cyclical 3.7% Technology 3.5% Financial 2.6% Energy 2.1% Other 3.7% 10 Largest Holdings 2 Top 10 % of Net Assets Guggenheim Variable Insurance Strategy Fund III 27.3% Guggenheim Strategy Fund III 26.2% Guggenheim Strategy Fund II 16.5% Guggenheim Ultra Short Duration Fund — Institutional Class 1.2% Mueller Industries, Inc. 0.6% Boise Cascade Co. 0.4% Meritage Homes Corp. 0.4% Abercrombie & Fitch Co. — Class A 0.4% Fabrinet 0.4% InterDigital, Inc. 0.4% Top 10 Total 73.8% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 2 Top 10 % of Net Assets Guggenheim Variable Insurance Strategy Fund III 27.3% Guggenheim Strategy Fund III 26.2% Guggenheim Strategy Fund II 16.5% Guggenheim Ultra Short Duration Fund — Institutional Class 1.2% Mueller Industries, Inc. 0.6% Boise Cascade Co. 0.4% Meritage Homes Corp. 0.4% Abercrombie & Fitch Co. — Class A 0.4% Fabrinet 0.4% InterDigital, Inc. 0.4% Top 10 Total 73.8% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |
Variable Annuity, Series Y (StylePlus—Large Growth Series) | |
Shareholder Report [Line Items] | |
Fund Name | Series Y (StylePlus—Large Growth Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $69 1.26% |
Expenses Paid, Amount | $ 69 |
Expense Ratio, Percent | 1.26% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 20.67%, outperforming the fund's benchmark, the S&P 500 Index, which returned 15.29% for the same period and underperforming the fund's secondary index, the Russell 1000 Growth Index, which returned 20.70% for the same period. What factors materially affected the fund's performance over the last six months? The fund slightly underperformed the Russell 1000 Growth Index (the "Index") for the reporting period. The equity sleeve was allocated 15%-25% to actively managed equity and 75%-85% to passive equity. Relative to the Index, the active equity sleeve returns were roughly in line. The passive equity component, which accounted for most of the fund's exposure to the broad equity market, consisted of equity index swaps and equity index futures, and generated performance roughly in line with the Index (before costs associated with derivatives); the active fixed income sleeve generated excess returns over the costs of equity index derivatives. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series Y (StylePlus—Large Growth Series) 20.67% 32.98% 18.08% 15.54% S&P 500 Index 15.29% 24.56% 15.05% 12.86% Russell 1000 Growth Index 20.70% 33.48% 19.34% 16.33% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 55,059,332 |
Holdings Count | shares | 63 |
Investment Company, Portfolio Turnover | 21% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $55,059,332 Number of Portfolio Holdings 63 Portfolio Turnover Rate 21% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets Russell 1000 Growth Index Swap Agreements 78.6% Technology 10.2% Communications 4.0% Industrial 2.5% Consumer, Non-cyclical 2.4% Equity Futures Contracts 2.2% Consumer, Cyclical 2.0% Other 0.8% 10 Largest Holdings 2 Top 10 % of Net Assets Guggenheim Strategy Fund III 25.9% Guggenheim Variable Insurance Strategy Fund III 23.0% Guggenheim Strategy Fund II 19.4% Guggenheim Ultra Short Duration Fund — Institutional Class 7.6% Microsoft Corp. 2.6% Apple, Inc. 2.4% NVIDIA Corp. 2.2% Alphabet, Inc. — Class C 1.5% Amazon.com, Inc. 1.3% Meta Platforms, Inc. — Class A 0.7% Top 10 Total 86.6% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 2 Top 10 % of Net Assets Guggenheim Strategy Fund III 25.9% Guggenheim Variable Insurance Strategy Fund III 23.0% Guggenheim Strategy Fund II 19.4% Guggenheim Ultra Short Duration Fund — Institutional Class 7.6% Microsoft Corp. 2.6% Apple, Inc. 2.4% NVIDIA Corp. 2.2% Alphabet, Inc. — Class C 1.5% Amazon.com, Inc. 1.3% Meta Platforms, Inc. — Class A 0.7% Top 10 Total 86.6% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |
Variable Annuity, Series Z (Alpha Opportunity Series) | |
Shareholder Report [Line Items] | |
Fund Name | Series Z (Alpha Opportunity Series) |
Class Name | Variable Annuity |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the fund at GuggenheimInvestments.com/variable-insurance-funds 800 820 0888 GuggenheimClientServices mufg-is.com |
Additional Information Phone Number | 800 820 0888 |
Additional Information Email | GuggenheimClientServices@mufg-is.com |
Additional Information Website | GuggenheimInvestments.com/variable-insurance-funds |
Expenses [Text Block] | What were the fund costs for the last six months? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 Investment Costs Paid as a % of a $10,000 Investment Variable Annuity $102 1.97% |
Expenses Paid, Amount | $ 102 |
Expense Ratio, Percent | 1.97% |
Factors Affecting Performance [Text Block] | How did the fund perform over the last six months?* For the period of January 1, 2024 to June 30, 2024, the fund returned 9.07%, underperforming the fund's benchmark, the S&P 500 Index, which returned 15.29% for the same period and outperforming the fund's secondary index, the ICE BofA 3-Month U.S. Treasury Bill Index, which returned 2.65% for the same period. The fund's broad-based securities market index was changed from the ICE BofA 3-Month U.S. Treasury Bill Index to the S&P 500 Index to comply with the regulation that requires the fund's broad-based securities market index to represent the overall applicable market. What factors materially affected the fund's performance over the last six months? The global growth outlook remained modestly bullish and steady during the reporting period, while inflation seemed to be finally tamed, which could foreshadow interest rate cuts in the second half of 2024. This optimism helped the S&P 500 Index to gain more than 15% during the reporting period. The fund significantly outperformed the ICE BofA 3-Month U.S. Treasury Bill Index. Among the fundamental factors, the fund's exposure in higher profitability, lower volatility, and higher momentum names paid off well. The overall contribution of the industry tilts (overweights/underweights) was moderate whereas security selection was quite strong during the reporting period. |
Performance Past Does Not Indicate Future [Text] | The fund's past performance is not a good predictor of the fund's future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns *,† 6 Month ‡ One Year Five Years Ten Years Series Z (Alpha Opportunity Series) 9.07% 12.88% 4.57% 2.41% S&P 500 Index 15.29% 24.56% 15.05% 12.86% ICE BofA 3-Month U.S. Treasury Bill Index 2.65% 5.43% 2.17% 1.52% |
No Deduction of Taxes [Text Block] | Returns are historical and include changes in principal and reinvested dividends and capital gains and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. |
Net Assets | $ 3,621,693 |
Holdings Count | shares | 162 |
Investment Company, Portfolio Turnover | 153% |
Additional Fund Statistics [Text Block] | Fund Statistics as of 6.30.24 Net Assets $3,621,693 Number of Portfolio Holdings 162 Portfolio Turnover Rate 153% |
Holdings [Text Block] | What did the fund invest in? Holdings Diversification 1 Sector % of Net Assets Custom Basket Swap Agreements 57.3% Industrial 17.7% Consumer, Cyclical 16.7% Consumer, Non-cyclical 16.6% Financial 12.1% Communications 10.8% Technology 7.0% Utilities 6.2% Energy 4.9% Basic Materials 0.8% Government 0.6% Custom Basket Swap Agreements Short Sales -100.9% 10 Largest Holdings 2 Top 10 % of Net Assets United Therapeutics Corp. 1.1% Gilead Sciences, Inc. 1.0% AT&T, Inc. 1.0% Dropbox, Inc. — Class A 1.0% Cisco Systems, Inc. 1.0% Yelp, Inc. — Class A 1.0% General Motors Co. 1.0% Amdocs Ltd. 1.0% ONE Gas, Inc. 1.0% Innoviva, Inc. 1.0% Top 10 Total 10.1% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Largest Holdings [Text Block] | 10 Largest Holdings 2 Top 10 % of Net Assets United Therapeutics Corp. 1.1% Gilead Sciences, Inc. 1.0% AT&T, Inc. 1.0% Dropbox, Inc. — Class A 1.0% Cisco Systems, Inc. 1.0% Yelp, Inc. — Class A 1.0% General Motors Co. 1.0% Amdocs Ltd. 1.0% ONE Gas, Inc. 1.0% Innoviva, Inc. 1.0% Top 10 Total 10.1% 1 "Holdings Diversification (Market Exposure as % of Net Assets)" excludes any temporary cash investments, investments in Guggenheim Strategy Funds Trust mutual funds, or investments in Guggenheim Ultra Short Duration Fund. 2 "10 Largest Holdings" excludes any temporary cash or derivative investments. |
Accountant Change Statement [Text Block] | What changes in or disagreements with accountants occurred? There were no changes in or disagreements with fund accountants for the period. |