ETF Research Center

ARK Innovation ETF

ALTAR
Score™

-3.1%

Recommen-
dation

AVOID

2025E 2026E
P/E ratio	-63.8x	P/Sales ratio	7.4x
P/BV ratio	6.9x	Div. yield	0.6%

Description
Performance
Comps
Fundamentals
Valuation
Rating

ARK Innovation ETF is an actively-managed exhange-traded fund incorporated in the USA.The Fund will invest in equity securities of companies that are relevant to the theme of disruptive innovation. Relevant themes are those that rely on or benefit from the development of new products or services in scientific research relating to Genomics Revolution, Web x.0, and Industrial Innovation

FUND BASICS
Category	Global Equities
Fund Sponsor	ARK Investment Management LLC
Website	www.ark-funds.com
Inception date	Oct 30, 2014
Assets (mns)	$6,185
Currency	USD
Expense ratio	75 bp
Distributions	Annually

FUND STRUCTURE
Regulation	Open-Ended Fund
Custodian	Bank of New York Mellon
Weighting	Proprietary
Index replication	N/A
Uses derivatives	No
Options available	Yes

SECTOR BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	42
Wgt avg mkt cap (mns)	$428,989
Large cap (>$10bn)	72.5%
Mid cap ($2-10bn)	10.7%
Small cap (<$2bn)	16.8%
Developed mkts	100.0%
Emerging mkts	0.0%

TOP TEN HOLDINGS
Total	54.0 %
TESLA MOTORS INC	11.3 %
TEMPUS AI INC	8.0 %
CRISPR THERAPEUTICS AG	6.3 %
ROKU, INC. CLASS A	4.8 %
SHOPIFY, INC. CLASS A	4.3 %
ROBINHOOD MARKETS, INC. CLASS A	4.2 %
ADVANCED MICRO DEVICES	4.0 %
BEAM THERAPEUTICS, INC.	3.8 %
COINBASE GLOBAL, INC. CLASS A	3.7 %
ROBLOX CORP. CLASS A	3.5 %

TOP COUNTRY EXPOSURE
	UNITED STATES	76.3 %
	SWITZERLAND	6.3 %
	CANADA	4.7 %
	CHINA	2.1 %
	TAIWAN	1.8 %

HISTORICAL PERFORMANCE info

	Custom date range	Compare to
	thru

Standardized Annual Returns (thru January 31)
Year-to-date	1 year	5 years	10 years	Since Incep.
-2.7%	19.1%	-11.3%	17.0%	13.2%

Market Correlations
versus...	Beta	R-squared
S&P500	1.86	66%
MSCI EAFE	1.64	37%
MSCI Emg. Mkts.	1.60	42%

Technical Indicators
Recent close	$71.49
30d moving avg.	$76.04
Annualized volatility	44.6%
Short interest (ETF)	29.4%
Short interest (Underlying)	10.8%
Relative strength (RSI)	43

Liquidity measures
Avg. volume (thou.)	9,150
Turnover	10.6%
Bid/Ask (% of price)	0.01%
ADV underlying (mns)	$61,501

Distributions

FINDING ALTERNATIVE FUNDS

Below is a list of 957 potential alternatives to the ARK Innovation ETF ETF based on the alternatives' overlap in portfolio holdings with ARKK. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker:

ARKK

Expense:

75 bp

ALTAR Score™:

-3.1%

ALTERNATIVE ETFs BASED ON OVERLAP WITH ARKK
Ticker	Fund Name	Overlap¹ vs ARKK (%)	Expense ratio (bp)	Savings vs ARKK (bp)	ALTAR Score™ (%)	ALTAR vs ARKK (%)
ARKF	ARK Fintech Innovation ETF	36.6	75	0	0.3	+3.4
ARKQ	ARK Autonomous Technology & Robotics ETF	35.4	75	0	0.9	+4.0
IVES	Wedbush ETFMG Global Cloud Technology ETF	28.5	68	7	4.2	+7.3
SFYF	SoFi Social 50 ETF	26.9	29	46	0.9	+4.0
ARKG	ARK Genomic Revolution ETF	24.0	75	0	-2.3	+0.9
BWEB	Bitwise Web3 ETF	22.3	85	-10	-0.0	+3.1
ARKX	ARK Space Exploration & Innovation ETF	21.7	75	0	0.0	+3.1
AOTG	AOT Growth and Innovation ETF	21.6	75	0	1.5	+4.6
AGIQ	Sofi Agentic AI ETF	20.9	69	6	7.1	+10.3
FFF	Founders 100 ETF	20.2	75	0	2.6	+5.8
NBDS	Neuberger Berman Disrupters ETF	19.5	55	20	0.9	+4.0
IQM	Franklin Intelligent Machines ETF	17.6	50	25	1.3	+4.4
JGRO	JPMorgan Active Growth ETF	17.5	44	31	2.4	+5.6
HUMN	Roundhill Humanoid Robotics ETF	17.5	75	0	1.1	+4.3
FFOG	Franklin Focused Growth ETF	17.5	61	14	1.6	+4.8
BUZZ	VanEck Social Sentiment ETF	17.4	75	0	-0.7	+2.5
YNOT	Horizon Digital Frontier ETF	17.2	75	0	2.7	+5.9
AIQ	Global X Artificial Intelligence & Technology ETF	17.0	68	7	3.3	+6.5
CGGR	Capital Group Growth ETF	16.7	39	36	2.5	+5.6
METV	Roundhill Ball Metaverse ETF	16.3	59	16	8.3	+11.4
BCOR	Grayscale Bitcoin Adopters ETF	16.3	59	16	1.9	+5.0
GNOM	Global X Genomics & Biotechnology ETF	16.1	50	25	-2.8	+0.3
GRNY	Fundstrat Granny Shots US Large Cap ETF	15.9	75	0	2.2	+5.4
XNTK	State Street SPDR NYSE Technology ETF	15.8	35	40	3.1	+6.2
QTOP	iShares Nasdaq Top 30 Stocks ETF	15.8	20	55	3.0	+6.2
FDTX	Fidelity Disruptive Technology ETF	15.3	50	25	2.1	+5.2
BLOK	Amplify Transformational Data Sharing ETF	15.3	75	0	-0.1	+3.1
PWB	Invesco Large Cap Growth ETF	15.2	56	19	2.1	+5.2
AGIX	KraneShares Artificial Intelligence and Technology ETF	14.9	99	-24	1.5	+4.6
FDG	American Century Focused Dynamic Growth ETF	14.8	45	30	1.8	+4.9
AMOM	Qraft AI-Enhanced U.S. Large Cap Momentum ETF	14.7	75	0	2.0	+5.2
FBOT	Fidelity Disruptive Automation ETF	14.6	50	25	2.9	+6.0
BAI	iShares AI Innovation and Tech Act ETF	14.3	55	20	1.3	+4.4
QQQ	Invesco QQQ Trust Series I	14.3	20	55	3.5	+6.6
QQQM	Invesco NASDAQ 100 ETF	14.3	15	60	3.5	+6.6
QQMG	Invesco ESG NASDAQ 100 ETF	14.0	20	55	3.4	+6.6
SCHG	Schwab U.S. Large-Cap Growth ETF	13.9	4	71	3.4	+6.5
WTAI	WisdomTree Artificial Intelligence and Innovation Fund	13.6	45	30	2.6	+5.7
PNQI	Invesco NASDAQ Internet ETF	13.6	60	15	3.6	+6.8
BBLU	EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF	13.6	15	60	4.4	+7.5
YALL	God Bless America ETF	13.5	65	10	4.0	+7.1
ONEQ	Fidelity Nasdaq Composite Index ETF	13.4	21	54	3.0	+6.2
FDIS	Fidelity MSCI Consumer Discretionary Index ETF	13.2	8	67	4.2	+7.3
MGK	Vanguard Mega Cap Growth ETF	13.2	7	68	3.4	+6.6
VCR	Vanguard Consumer Discretionary ETF	13.2	9	66	4.2	+7.3
USMC	Principal U.S. Mega-Cap ETF	13.2	12	63	3.7	+6.8
GXPD	Global X PureCap MSCI Consumer Discretionary ETF	13.1	25	50	3.4	+6.6
XLY	The Consumer Discretionary Select Sector SPDR Fund	13.0	8	67	4.2	+7.3
MFMO	Motley Fool Momentum Factor ETF	12.9	50	25	2.2	+5.3
GGUS	Marketbeta Russell 1000 Growth Equity ETF	12.9	12	63	3.4	+6.6
ROBT	First Trust Nasdaq Artificial Intelligence & Robotics ETF	12.9	65	10	1.5	+4.6
VUG	Vanguard Growth ETF	12.6	4	71	3.4	+6.6
USCA	Xtrackers MSCI USA Climate Action Equity ETF	12.5	7	68	4.5	+7.6
GQQQ	Astoria US Quality Growth Kings ETF	12.5	35	40	3.5	+6.6
BUYZ	Franklin Disruptive Commerce ETF	12.4	50	25	2.3	+5.4
NZUS	State Street SPDR MSCI USA Climate Paris Aligned ETF	12.4	10	65	3.9	+7.0
PABU	iShares Paris-Aligned Climate MSCI USA ETF	12.4	10	65	3.8	+7.0
CHAT	Roundhill Generative AI & Technology ETF	12.3	75	0	5.3	+8.4
TOPT	iShares Top 20 U.S. Stocks ETF	12.3	20	55	3.3	+6.4
DYNF	BlackRock U.S. Equity Factor Rotation ETF	12.3	30	45	3.9	+7.0
TECB	iShares U.S. Tech Breakthrough Multisector ETF	12.2	40	35	3.5	+6.7
SPHB	Invesco S&P 500 High Beta ETF	12.2	25	50	4.0	+7.2
USCL	iShares Climate Conscious & Transition MSCI USA ETF	12.1	8	67	4.5	+7.6
FELG	Fidelity Enhanced Large Cap Growth ETF	12.1	18	57	3.3	+6.5
IWF	iShares Russell 1000 Growth ETF	12.1	19	56	3.4	+6.6
RND	First Trust Bloomberg R&D Leaders ETF	12.0	60	15	2.5	+5.7
CARZ	First Trust NASDAQ Global Auto Index Fund	12.0	70	5	2.9	+6.1
VONG	Vanguard Russell 1000 Growth ETF	12.0	7	68	3.6	+6.7
WDNA	WisdomTree BioRevolution Fund	12.0	45	30	-2.3	+0.8
PRXG	Praxis Impact Large Cap Growth ETF	11.9	36	39	3.2	+6.3
TMFC	Motley Fool 100 Index ETF	11.9	50	25	3.1	+6.2
IWY	iShares Russell Top 200 Growth ETF	11.9	20	55	3.6	+6.7
ILCG	iShares Morningstar Growth ETF	11.8	4	71	3.1	+6.3
LRGE	ClearBridge Large Cap Growth ESG ETF	11.8	59	16	2.7	+5.8
TMAT	Main Thematic Innovation ETF	11.7	164	-89	-2.0	+1.2
GINN	Goldman Sachs Innovate Equity ETF	11.7	52	23	3.8	+6.9
TIME	Clockwise Core Equity & Innovation ETF	11.7	95	-20	2.2	+5.3
MTUM	iShares MSCI USA Momentum Factor ETF	11.6	15	60	2.7	+5.8
SOXX	iShares Semiconductor ETF	11.6	35	40	2.9	+6.1
EGUS	iShares ESG Aware MSCI USA Growth ETF	11.6	18	57	3.1	+6.3
XLG	Invesco S&P 500 Top 50 ETF	11.6	20	55	3.7	+6.8
BLKC	Invesco Alerian Galaxy Blockchain Users and Decentralized Co	11.6	61	14	1.5	+4.6
NACP	Impact Shares NAACP Minority Empowerment ETF	11.6	49	26	4.0	+7.1
IBLC	iShares Blockchain and Tech ETF	11.5	47	28	-1.4	+1.7
IETC	iShares U.S. Tech Independence Focused ETF	11.5	18	57	3.3	+6.4
GGME	Invesco Next Gen Media and Gaming ETF	11.5	60	15	4.9	+8.1
STXG	Strive 1000 Growth ETF	11.5	18	57	3.3	+6.4
FDMO	Fidelity Momentum Factor ETF	11.4	15	60	2.6	+5.7
QGRW	WisdomTree U.S. Quality Growth Fund	11.3	28	47	2.9	+6.1
PCGG	Polen Capital Global Growth ETF	11.3	85	-10	3.6	+6.8
WISE	Themes Generative Artificial Intelligence ETF	11.2	35	40	-0.4	+2.7
GVIP	Goldman Sachs Hedge Industry VIP ETF	11.1	45	30	2.5	+5.6
IVW	iShares S&P 500 Growth ETF	11.1	18	57	3.0	+6.2
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	11.1	4	71	3.2	+6.3
OEF	iShares S&P 100 ETF	11.1	20	55	3.9	+7.1
IYC	iShares U.S. Consumer Discretionary ETF	11.0	40	35	3.4	+6.5
FBCG	Fidelity Blue Chip Growth ETF	11.0	59	16	2.3	+5.4
VOOG	Vanguard S&P 500 Growth ETF	11.0	7	68	3.1	+6.3
XT	iShares Exponential Technologies ETF	11.0	46	29	4.1	+7.2
IUSG	iShares Core S&P U.S. Growth ETF	11.0	4	71	3.2	+6.3
RXI	iShares Global Consumer Discretionary ETF	10.9	41	34	7.4	+10.6
SPXV	ProShares S&P 500 Ex-Health Care ETF	10.7	9	66	4.0	+7.2
TOPC	iShares S&P 500 3% Capped ETF	10.7	15	60	4.5	+7.6
QRFT	Qraft Ai-Enhanced U.S. Large Cap ETF	10.7	75	0	3.3	+6.4
QTUM	Defiance Quantum ETF	10.7	40	35	4.6	+7.7
SPXN	ProShares S&P 500 Ex-Financials ETF	10.7	9	66	4.1	+7.2
KLMN	Invesco MSCI North America Climate ETF	10.5	9	66	4.4	+7.5
LCTU	BlackRock U.S. Carbon Transition Readiness ETF	10.5	14	61	4.2	+7.4
FFND	Future Fund Active ETF	10.5	100	-25	4.3	+7.4
ARVR	First Trust Indxx Metaverse ETF	10.5	70	5	4.2	+7.3
BKLC	BNY Mellon US Large Cap Core Equity ETF	10.5	0	75	4.3	+7.4
YOKE	Yoke Core ETF	10.5	42	33	3.7	+6.8
QQQG	Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF	10.5	49	26	3.7	+6.8
GSUS	Goldman Sachs MarketBeta U.S. Equity ETF	10.5	7	68	4.2	+7.3
VOTE	TCW Transform 500 ETF	10.4	5	70	4.2	+7.3
PBUS	Invesco MSCI USA ETF	10.4	4	71	4.3	+7.4
ANEW	ProShares MSCI Transformational Changes ETF	10.4	45	30	4.3	+7.5
BBUS	JP Morgan Betabuilders U.S. Equity ETF	10.4	2	73	4.3	+7.4
SPXE	ProShares S&P 500 Ex-Energy ETF	10.4	9	66	4.1	+7.3
LOGO	Alpha Brands Consumption Leaders ETF	10.4	69	6	2.5	+5.6
IVRS	iShares Future Metaverse Tech and Communications ETF	10.3	47	28	5.2	+8.3
MGC	Vanguard Mega Cap ETF	10.3	7	68	4.0	+7.1
GUSA	Goldman Sachs MarketBeta U.S. 1000 Equity ETF	10.3	11	64	4.2	+7.4
LGDX	Intech S&P Large Cap Diversified Alpha ETF	10.3	25	50	4.2	+7.3
GAMR	Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T	10.3	75	0	3.6	+6.8
AVUQ	Avantis U.S. Quality ETF	10.3	15	60	3.6	+6.8
FDCF	Fidelity Disruptive Communications ETF	10.3	50	25	2.0	+5.1
SFY	SoFi Select 500 ETF	10.3	0	75	3.9	+7.0
STRV	Strive 500 ETF	10.2	5	70	4.2	+7.3
IWL	iShares Russell Top 200 ETF	10.2	15	60	4.0	+7.1
INRO	iShares U.S. Industry Rotation Active ETF	10.2	42	33	3.7	+6.8
GXLC	Global X U.S. 500 ETF	10.2	2	73	4.2	+7.3
VUSG	Vanguard Wellington U.S. Gr Actv ETF	10.2	35	40	2.5	+5.6
DFUS	Dimensional U.S. Equity ETF	10.2	9	66	4.2	+7.3
AIEQ	AI Powered Equity ETF	10.1	75	0	3.7	+6.9
ILCB	iShares Morningstar U.S. Equity ETF	10.1	3	72	4.2	+7.3
CHRI	Global X S&P 500 Christian Values ETF	10.1	29	46	4.0	+7.2
SPYX	State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF	10.1	20	55	4.1	+7.2
SCHX	Schwab U.S. Large-Cap ETF	10.0	3	72	4.4	+7.5
VV	Vanguard Large-Cap ETF	10.0	4	71	4.2	+7.3
SOXQ	Invesco PHLX Semiconductor ETF	10.0	19	56	2.8	+5.9
ESGV	Vanguard ESG U.S. Stock ETF	10.0	9	66	4.3	+7.4
IVV	iShares Core S&P 500 ETF	10.0	3	72	4.3	+7.4
SPYM	State Street SPDR Portfolio S&P 500 ETF	9.9	2	73	4.3	+7.5
SPY	SPDR S&P 500 ETF	9.9	9	66	4.3	+7.4
USNZ	Xtrackers Net Zero Pathway Paris Aligned US Equity ETF	9.9	10	65	4.4	+7.5
RGEF	Rockefeller Global Equity ETF	9.9	55	20	3.9	+7.0
IYY	iShares Dow Jones U.S. ETF	9.9	20	55	4.2	+7.3
SPGM	SPDR Portfolio MSCI Global Stock Market ETF	9.9	9	66	4.9	+8.1
IWB	iShares Russell 1000 ETF	9.9	15	60	4.2	+7.4
SCHK	Schwab 1000 Index ETF	9.9	5	70	4.3	+7.5
VOO	Vanguard S&P 500 ETF	9.9	3	72	4.3	+7.4
XDAT	Franklin Exponential Data ETF	9.9	50	25	1.3	+4.4
ESGU	iShares ESG Aware MSCI USA ETF	9.9	15	60	4.3	+7.4
DSPY	Tema S&P 500 Historical Weight ETF	9.9	18	57	4.5	+7.6
VONE	Vanguard Russell 1000 ETF	9.8	7	68	4.3	+7.4
ITOT	iShares Core S&P Total U.S. Stock Market ETF	9.8	3	72	4.2	+7.4
SCHB	Schwab U.S. Broad Market ETF	9.8	3	72	4.3	+7.4
IWV	iShares Russell 3000 ETF	9.8	20	55	4.1	+7.2
ENHU	iShares Enhanced Large Cap Core Actv ETF	9.8	22	53	4.2	+7.3
VTI	Vanguard Total Stock Market ETF	9.8	3	72	4.2	+7.4
SATO	Invesco Alerian Galaxy Crypto Economy ETF	9.8	61	14	-0.7	+2.4
BLCN	Siren ETF Trust Siren Nasdaq NexGen Economy ETF	9.8	68	7	0.7	+3.8
FLQL	Franklin LibertyQ U.S. Equity ETF	9.7	15	60	4.6	+7.8
SPTM	State Street SPDR Portfolio S&P 1500 Composite Stock Market	9.7	3	72	4.5	+7.6
XVV	iShares ESG Screened S&P 500 ETF	9.7	8	67	4.2	+7.4
VTHR	Vanguard Russell 3000 ETF	9.7	7	68	4.2	+7.4
SMH	VanEck Semiconductor ETF	9.7	35	40	2.6	+5.8
MMTM	State Street SPDR S&P 1500 Momentum Tilt ETF	9.7	12	63	3.6	+6.8
KOKU	Xtrackers MSCI Kokusai Equity ETF	9.7	9	66	4.5	+7.6
ADME	Aptus Drawdown Managed Equity ETF	9.6	79	-4	3.4	+6.5
DAPP	VanEck Digital Transformation ETF	9.6	50	25	0.0	+3.1
WAR	U.S. Global Tech and Aerospace & Defense ETF	9.6	60	15	0.2	+3.3
CATH	Global X S&P 500 Catholic Values Custom ETF	9.5	29	46	4.1	+7.2
OEI	Optimized Equity Income ETF	9.5	75	0	3.4	+6.5
BGRO	iShares Large Cap Growth Active ETF	9.5	55	20	2.0	+5.2
APUE	ActivePassive U.S. Equity ETF	9.5	45	30	4.0	+7.2
LVDS	JPMorgan Fundamental Data Science Large Value ETF	9.5	49	26	5.0	+8.1
TOV	JLens 500 Jewish Advocacy U.S. ETF	9.4	18	57	4.0	+7.2
TEXN	iShares Texas Equity ETF	9.4	20	55	5.3	+8.4
FELC	Fidelity Enhanced Large Cap Core ETF	9.4	18	57	4.5	+7.6
ESG	FlexShares Trust FlexShares STOXX US ESG Select Index Fund	9.4	32	43	4.1	+7.2
IYW	iShares U.S. Technology ETF	9.3	40	35	3.4	+6.5
DFAU	Dimensional US Core Equity Market ETF	9.3	12	63	4.4	+7.5
TOK	iShares MSCI Kokusai ETF	9.3	26	49	4.4	+7.5
IGM	iShares Expanded Tech Sector ETF	9.3	41	34	3.1	+6.3
RAYD	Rayliant Quantitative Developed Market Equity ETF	9.3	80	-5	3.7	+6.8
ISHP	First Trust Nasdaq Retail ETF	9.3	60	15	4.9	+8.0
KLMT	Invesco MSCI Global Climate 500 ETF	9.2	10	65	5.0	+8.2
TILT	FlexShares Morningstar US Market Factor Tilt Index Fund	9.2	25	50	5.0	+8.1
MODL	VictoryShares WestEnd U.S. Sector ETF	9.2	42	33	4.1	+7.3
RVRB	Reverb ETF	9.1	30	45	4.0	+7.1
URTH	iShares MSCI World ETF	9.1	24	51	4.4	+7.5
NZAC	SPDR MSCI ACWI Climate Paris Aligned ETF	9.1	12	63	4.5	+7.6
PDP	Invesco Dorsey Wright Momentum ETF	9.0	62	13	1.5	+4.6
DFSU	Dimensional US Sustainability Core 1 ETF	9.0	18	57	4.7	+7.8
GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	9.0	9	66	4.4	+7.5
FTXL	First Trust Nasdaq Semiconductor ETF	9.0	60	15	3.1	+6.2
HYP	Golden Eagle Dynamic Hypergrowth ETF	9.0	85	-10	-0.8	+2.4
LRGC	AB US Large Cap Strategic Equities ETF	9.0	48	27	3.9	+7.0
RFFC	ALPS Active Equity Opportunity ETF	8.9	48	27	3.6	+6.7
BOTT	Themes Robotics & Automation ETF	8.8	35	40	-3.5	-0.4
CHPX	Global X AI Semiconductor & Quantum ETF	8.8	50	25	2.5	+5.6
THRO	iShares U.S. Thematic Rotation Active ETF	8.8	90	-15	3.3	+6.4
ACWI	iShares MSCI ACWI ETF	8.8	32	43	4.7	+7.9
CRBN	iShares MSCI ACWI Low Carbon Target ETF	8.8	20	55	4.8	+7.9
JHML	John Hancock Multifactor Large Cap ETF	8.8	29	46	4.6	+7.7
FMET	Fidelity Metaverse ETF	8.7	39	36	4.7	+7.8
JPEF	JPMorgan Equity Focus ETF	8.7	50	25	3.8	+6.9
LEGR	First Trust Indxx Innovative Transaction & Process ETF	8.7	65	10	7.5	+10.6
XLK	The Technology Select Sector SPDR Fund	8.7	8	67	3.8	+6.9
GLBL	Pacer MSCI World Industry Advantage ETF	8.7	65	10	3.6	+6.7
JMOM	JPMorgan U.S. Momentum Factor ETF	8.7	12	63	3.6	+6.7
AVUS	Avantis U.S. Equity ETF	8.6	15	60	4.9	+8.0
VT	Vanguard Total World Stock ETF	8.5	6	69	5.1	+8.2
CLNR	IQ Cleaner Transport ETF	8.5	45	30	3.9	+7.0
RAUS	RACWI US ETF	8.5	15	60	4.3	+7.4
QTEC	First Trust NASDAQ-100 Technology Sector Index Fund	8.5	57	18	3.1	+6.3
MOTO	SmartETFs Smart Transportation & Technology ETF	8.5	68	7	5.5	+8.7
LRGF	iShares U.S. Equity Factor ETF	8.4	8	67	4.7	+7.9
EQWL	Invesco S&P 100 Equal Weight ETF	8.4	25	50	5.4	+8.6
HDUS	Hartford Disciplined US Equity ETF	8.3	19	56	4.8	+8.0
IWFG	IQ Winslow Focused Large Cap Growth ETF	8.3	65	10	2.1	+5.3
QQEW	First Trust Nasdaq-100 Equal Weighted Index Fund	8.3	58	17	3.4	+6.5
FINX	Global X FinTech ETF	8.3	68	7	3.1	+6.2
AIVC	Amplify Bloomberg AI Value Chain ETF	8.3	59	16	4.9	+8.1
OGIG	ALPS O'Shares Global Internet Giants ETF	8.2	48	27	2.5	+5.7
QQQE	Direxion NASDAQ-100 Equal Weighted Index Shares	8.2	35	40	3.7	+6.8
QLC	FlexShares US Quality Large Cap Index Fund	8.2	25	50	4.6	+7.8
IQSU	IQ Candriam U.S. Large Cap Equity ETF	8.2	9	66	4.4	+7.6
LCDS	JPMorgan Fundamental Data Science Large Core ETF	8.1	30	45	4.1	+7.3
WUGI	AXS Esoterica NextG Economy ETF	8.1	75	0	1.7	+4.8
LOWV	AB US Low Volatility Equity ETF	8.1	48	27	4.3	+7.4
BPAY	BlackRock Future Financial and Technology ETF	8.1	70	5	5.5	+8.6
CRTC	Xtrackers US National Critical Technologies ETF	8.1	35	40	4.2	+7.3
FTXR	First Trust Nasdaq Transportation ETF	8.0	60	15	6.5	+9.6
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	8.0	10	65	4.3	+7.4
TRFM	AAM Transformers ETF	8.0	49	26	1.1	+4.3
DCOR	Dimensional US Core Equity 1 ETF	8.0	14	61	4.7	+7.8
CAML	Congress Large Cap Growth ETF	7.9	66	9	2.3	+5.5
SPMV	Invesco S&P 500 Minimum Variance ETF	7.9	10	65	5.0	+8.2
AVSU	Avantis Responsible U.S. Equity ETF	7.9	15	60	5.1	+8.2
SUSL	iShares ESG MSCI USA Leaders ETF	7.9	10	65	4.3	+7.4
DUNK	Dana Unconstrained Equity ETF	7.9	75	0	2.1	+5.3
CRPT	First Trust SkyBridge Crypto Industry & Digital Economy ETF	7.9	85	-10	0.0	+3.1
DSI	iShares MSCI KLD 400 Social ETF	7.9	25	50	4.2	+7.4
CGGO	Capital Group Global Growth Equity ETF	7.8	47	28	4.2	+7.3
HLAL	Wahed FTSE USA Shariah ETF	7.8	50	25	3.9	+7.0
VEGN	US Vegan Climate ETF	7.8	60	15	4.1	+7.2
GGRW	Gabelli Growth Innovators ETF	7.8	90	-15	2.0	+5.1
QCLN	First Trust Nasdaq Clean Edge Green Energy Index Fund	7.8	58	17	-2.0	+1.2
GPT	Intelligent Alpha Atlas ETF	7.8	69	6	6.0	+9.2
GSPY	Gotham Enhanced 500 ETF	7.8	50	25	4.5	+7.7
SPXT	ProShares S&P 500 Ex-Technology ETF	7.7	9	66	4.7	+7.9
PEXL	Pacer US Export Leaders ETF	7.7	60	15	3.3	+6.4
TRUD	VanEck Consumer Disc TruSector ETF	7.7	14	61	2.8	+5.9
NANC	Unusual Whales Subversive Democratic Trading ETF	7.7	75	0	3.0	+6.2
GQI	Natixis Gateway Quality Income ETF	7.7	34	41	4.3	+7.5
CGUS	Capital Group Core Equity ETF	7.7	33	42	3.6	+6.8
KRMA	Global X Conscious Companies ETF	7.7	43	32	5.3	+8.5
FSST	Fidelity Sustainable U.S. Equity ETF	7.6	59	16	3.2	+6.4
USRD	Themes US R&D Champions ETF	7.6	29	46	4.2	+7.3
LRNZ	TrueShares Technology, AI & Deep Learning ETF	7.6	69	6	-0.8	+2.4
SGLC	SGI U.S. Large Cap Core ETF	7.6	85	-10	3.8	+6.9
SPMO	Invesco S&P 500 Momentum ETF	7.6	13	62	3.5	+6.6
FFLC	Fidelity Fundamental Large Cap Core ETF	7.6	38	37	3.9	+7.0
DFAC	Dimensional U.S. Core Equity 2 ETF	7.5	17	58	4.7	+7.9
STRN	SMART Trend 25 ETF	7.5	59	16	2.7	+5.8
GK	AdvisorShares Gerber Kawasaki ETF	7.5	75	0	1.6	+4.7
ERTH	Invesco MSCI Sustainable Future ETF	7.4	62	13	2.9	+6.0
SPUS	SP Funds S&P 500 Sharia Industry Exclusions ETF	7.4	45	30	3.7	+6.8
RPG	Invesco S&P 500 Pure Growth ETF	7.4	35	40	2.8	+5.9
SHOC	Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF	7.4	40	35	2.3	+5.5
BITQ	Bitwise Crypto Industry Innovators ETF	7.4	85	-10	-2.5	+0.6
VERS	ProShares Metaverse ETF	7.4	58	17	0.6	+3.7
JUST	Goldman Sachs JUST U.S. Large Cap Equity ETF	7.3	20	55	4.4	+7.5
XPND	First Trust Expanded Technology ETF	7.3	65	10	3.1	+6.2
GLOF	iShares Global Equity Factor ETF	7.3	20	55	5.7	+8.8
EV	Mast Global Battery Recycling & Production ETF	7.3	65	10	6.2	+9.3
MNZL	Manzil Russell Halal USA Broad MarketETF	7.3	40	35	3.9	+7.1
FDN	First Trust Dow Jones Internet Index Fund	7.2	52	23	2.9	+6.1
OALC	OneAscent Large Cap Core ETF	7.2	86	-11	3.6	+6.7
FDND	FT Vest Dow Jones Internet & Target Income ETF	7.2	75	0	2.7	+5.9
VNSE	Natixis Vaughan Nelson Select ETF	7.2	80	-5	3.3	+6.4
GFGF	Guru Favorite Stocks ETF Guru Favorite Stocks Fund	7.2	65	10	3.5	+6.6
DARP	Grizzle Growth ETF	7.2	75	0	1.7	+4.9
FVAL	Fidelity Value Factor ETF	7.1	15	60	6.0	+9.1
MFIG	Motley Fool Innovative Growth Factor ETF	7.1	50	25	2.8	+5.9
IGPT	Invesco AI and Next Gen Software ETF	7.1	60	15	3.4	+6.5
SAWG	AAM Sawgrass US Large Cap Quality Growth ETF	7.1	49	26	3.8	+7.0
USEW	Cambria US EW ETF	7.1	30	45	4.2	+7.3
QVML	Invesco S&P 500 QVM Multi-factor ETF	7.1	11	64	4.4	+7.6
EBI	Longview Advantage ETF	7.0	35	40	6.0	+9.1
EPS	WisdomTree U.S. LargeCap Fund	7.0	8	67	4.9	+8.0
JGLO	JPMorgan Global Select Equity ETF	7.0	33	42	4.2	+7.3
RSPT	Invesco S&P 500 Equal Weight Technology ETF	7.0	40	35	4.7	+7.8
SIXA	ETC 6 Meridian Mega Cap Equity ETF	6.9	80	-5	5.5	+8.6
QGRO	American Century U.S. Quality Growth ETF	6.9	29	46	3.8	+7.0
BATT	Amplify Lithium & Battery Technology ETF	6.9	59	16	1.9	+5.0
STOX	Horizon Core Equity ETF	6.9	70	5	3.7	+6.8
SFTY	Horizon Managed Risk ETF	6.9	77	-2	3.6	+6.7
SMOG	VanEck Low Carbon Energy ETF	6.8	61	14	1.2	+4.4
BNGE	First Trust S-Network Streaming and Gaming ETF	6.8	70	5	2.9	+6.0
SHE	State Street SPDR MSCI USA Gender Diversity ETF	6.8	20	55	4.6	+7.8
AIS	VistaShares Artificial Intelligence Supercycle ETF	6.7	75	0	1.7	+4.8
GURU	Global X Guru Index ETF	6.7	75	0	2.5	+5.6
TOGA	Tremblant Global ETF	6.7	69	6	-0.2	+2.9
IXN	iShares Global Tech ETF	6.6	41	34	3.2	+6.3
IUS	Invesco RAFI Strategic US ETF	6.6	19	56	5.8	+8.9
ROBO	ROBO Global Robotics & Automation Index ETF	6.6	95	-20	2.4	+5.5
PSI	Invesco Semiconductors ETF	6.6	57	18	2.2	+5.4
SMHX	VanEck Fabless Semiconductor ETF	6.6	35	40	2.6	+5.7
TRFK	Pacer Data and Digital Revolution ETF	6.6	60	15	2.8	+5.9
PSET	Principal Quality ETF	6.5	15	60	4.7	+7.8
FTEC	Fidelity MSCI Information Technology Index ETF	6.5	8	67	3.5	+6.6
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	6.5	29	46	4.0	+7.1
WSGE	Warren Street Global Equity ETF	6.5	80	-5	2.8	+6.0
LCF	Touchstone US Large Cap Focused ETF	6.5	69	6	3.6	+6.8
CGDV	Capital Group Dividend Value ETF	6.5	33	42	3.9	+7.0
VUSE	Vident U.S. Equity Strategy ETF	6.5	50	25	3.8	+6.9
XBI	State Street SPDR S&P Biotech ETF	6.5	35	40	-2.6	+0.5
DGT	State Street SPDR Global Dow ETF	6.4	50	25	5.7	+8.8
WRND	IQ Global Equity R&D Leaders ETF	6.4	18	57	4.0	+7.2
SNPV	Xtrackers S&P 500 Value ESG ETF	6.4	15	60	5.5	+8.6
JQUA	JPMorgan U.S. Quality Factor ETF	6.3	12	63	5.1	+8.3
SUSA	iShares MSCI USA ESG Select ETF	6.3	25	50	4.1	+7.2
FPX	First Trust US Equity Opportunities ETF	6.3	61	14	0.9	+4.1
BELT	iShares Long-Term U.S. Equity Active ETF	6.3	75	0	2.4	+5.5
SEIM	SEI Enhanced U.S. Large Cap Momentum Factor ETF	6.3	15	60	3.1	+6.2
QBIG	Invesco Top QQQ ETF	6.3	29	46	0.0	+3.1
AGRW	Allspring LT Large Growth ETF	6.3	35	40	3.3	+6.5
KOCG	FIS Knights of Columbus Global Belief ETF	6.3	75	0	4.3	+7.4
ACVF	American Conservative Values ETF	6.3	75	0	3.8	+6.9
VLU	State Street SPDR S&P 1500 Value Tilt ETF	6.3	12	63	6.3	+9.4
HELX	Franklin Genomic Advancements ETF	6.2	50	25	-1.4	+1.8
BLCR	iShares Large Cap Core Active ETF	6.2	36	39	3.1	+6.2
JOET	Virtus Terranova US Quality Momentum ETF	6.2	29	46	3.8	+6.9
GOP	Unusual Whales Subversive Republican Trading ETF	6.2	50	25	4.6	+7.7
GXPT	Global X PureCap MSCI Information Technology ETF	6.2	25	50	3.6	+6.7
PTF	Invesco Dorsey Wright Technology Momentum ETF	6.2	60	15	-1.0	+2.1
VGT	Vanguard Information Technology ETF	6.2	9	66	3.5	+6.6
AFLG	First Trust Active Factor Large Cap ETF	6.2	55	20	5.1	+8.2
LRND	IQ U.S. Large Cap R&D Leaders ETF	6.2	14	61	4.0	+7.1
ABOT	Abacus FCF Innovation Leaders ETF	6.1	69	6	4.0	+7.1
ARTY	iShares Future AI & Tech ETF	6.1	47	28	3.3	+6.4
DEMZ	Democratic Large Cap Core ETF	6.0	45	30	3.9	+7.0
SAMT	Strategas Macro Thematic Opportunities ETF	6.0	65	10	2.5	+5.6
PRAY	FIS Christian Stock Fund	6.0	69	6	3.9	+7.1
QARP	Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	6.0	19	56	5.0	+8.2
RWL	Invesco S&P 500 Revenue ETF	6.0	39	36	5.8	+9.0
FTC	First Trust Large Cap Growth AlphaDEX Fund	5.9	59	16	1.9	+5.0
SPRX	Spear Alpha ETF	5.9	75	0	-0.8	+2.3
SAMM	Strategas Macro Momentum ETF	5.9	66	9	3.6	+6.7
STCE	Schwab Crypto Thematic ETF	5.9	30	45	3.1	+6.2
LIVR	Intelligent Livermore ETF	5.9	69	6	2.8	+5.9
BRNY	Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation	5.9	79	-4	4.4	+7.5
GLOV	Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF	5.9	25	50	5.5	+8.6
DXUV	Dimensional US Vector Equity ETF	5.9	28	47	5.3	+8.4
IDNA	iShares Genomics Immunology and Healthcare ETF	5.8	47	28	-0.3	+2.9
BKCH	Global X Blockchain ETF	5.8	50	25	-3.3	-0.2
VSLU	Applied Finance Valuation Large Cap ETF	5.8	49	26	4.8	+7.9
AOTS	AOT Software Platform ETF	5.8	49	26	4.6	+7.7
DAK	Dakota Active Equity ETF	5.7	43	32	3.8	+6.9
DRIV	Global X Autonomous & Electric Vehicles ETF	5.7	68	7	3.5	+6.7
CBSE	Clough Select Equity ETF	5.7	85	-10	0.4	+3.6
TXS	Texas Capital Texas Equity Index ETF	5.7	49	26	5.0	+8.1
KOMP	State Street SPDR S&P Kensho New Economies Composite ETF	5.7	20	55	0.9	+4.0
JEPI	JPMorgan Equity Premium Income ETF	5.7	35	40	4.6	+7.7
KVLE	KraneShares Value Line Dynamic Dividend Equity Index ETF	5.7	56	19	6.8	+10.0
IAI	iShares U.S. Broker-Dealers & Securities Exchanges ETF	5.6	40	35	4.1	+7.2
AIPO	Defiance AI & Power Infrastructure ETF	5.6	69	6	0.9	+4.1
SHLD	Global X Defense Tech ETF	5.6	50	25	2.4	+5.5
ROE	Astoria US Quality Kings ETF	5.6	49	26	5.4	+8.6
CVLC	Calvert US Large-Cap Core Responsible Index ETF	5.6	15	60	4.4	+7.5
TMFE	Motley Fool Capital Efficiency 100 Index ETF	5.5	50	25	3.4	+6.5
RECS	Columbia Research Enhanced Core ETF	5.5	15	60	5.4	+8.5
FXL	First Trust Technology AlphaDEX Fund	5.5	61	14	6.0	+9.1
VFMO	Vanguard U.S. Momentum Factor ETF	5.5	13	62	1.8	+4.9
LCLG	Logan Capital Broad Innovative Growth ETF	5.4	99	-24	3.1	+6.2
LGRO	Level Four Large Cap Growth Active ETF	5.4	55	20	3.8	+6.9
ICAP	InfraCap Equity Income Fund ETF	5.4	171	-96	4.2	+7.3
ABIG	Argent Large Cap ETF	5.4	49	26	4.3	+7.5
XITK	State Street SPDR FactSet Innovative Technology ETF	5.4	45	30	0.2	+3.3
JGRW	Jensen Quality Growth ETF	5.4	57	18	3.9	+7.0
HTEC	ROBO Global Healthcare Technology and Innovation ETF	5.4	68	7	2.3	+5.4
EKG	First Trust Nasdaq Lux Digital Health Solutions ETF	5.4	65	10	0.5	+3.7
USSE	Segall Bryant & Hamill Select Equity ETF	5.4	65	10	3.1	+6.2
EMOT	First Trust S&P 500 Economic Moat ETF	5.3	60	15	7.4	+10.6
FTGS	First Trust Growth Strength ETF	5.3	60	15	3.6	+6.7
BRIF	FIS Bright Portfolios Focused Equity ETF	5.3	65	10	3.7	+6.9
NEWZ	StockSnips AI-Powered Sentiment US All Cap ETF	5.3	65	10	5.1	+8.2
AVLV	Avantis U.S. Large Cap Value ETF	5.3	15	60	5.9	+9.0
FDIG	Fidelity Crypto Industry and Digital Payments ETF	5.3	39	36	-1.3	+1.8
GTEK	Goldman Sachs Future Tech Leaders Equity ETF	5.2	75	0	2.3	+5.5
FNDX	Schwab Fundamental US Large Co. Index ETF	5.2	25	50	6.4	+9.5
PRF	Invesco FTSE RAFI US 1000 ETF	5.2	34	41	5.8	+8.9
OND	ProShares On-Demand ETF	5.2	58	17	0.4	+3.5
QUS	State Street SPDR MSCI USA StrategicFactors ETF	5.2	15	60	5.0	+8.1
IOO	iShares Global 100 ETF	5.2	41	34	4.0	+7.1
HAPI	Harbor Human Capital Factor US Large Cap ETF	5.1	36	39	4.2	+7.3
XSD	State Street SPDR S&P Semiconductor ETF	5.1	35	40	3.4	+6.5
GVUS	Marketbeta Russell 1000 Value Equity ETF	5.0	12	63	5.5	+8.6
FELV	Fidelity Enhanced Large Cap Value ETF	5.0	18	57	5.7	+8.9
USXF	iShares ESG Advanced MSCI USA ETF	5.0	10	65	4.0	+7.2
IWX	iShares Russell Top 200 Value ETF	5.0	20	55	5.1	+8.3
FCPI	Fidelity Stocks for Inflation ETF	5.0	15	60	5.8	+8.9
VOT	Vanguard Mid-Cap Growth ETF	5.0	7	68	3.1	+6.2
FNDB	Schwab Fundamental US Broad Market Index ETF	5.0	25	50	6.3	+9.5
HGRO	Hedgeye Quality Growth ETF	5.0	70	5	3.3	+6.4
FQAL	Fidelity Quality Factor ETF	5.0	15	60	4.7	+7.9
MEDX	Horizon Kinetics Medical ETF	4.9	85	-10	1.4	+4.6
PFI	Invesco Dorsey Wright Financial Momentum ETF	4.9	60	15	4.8	+7.9
FDWM	Fidelity Women's Leadership ETF	4.9	59	16	3.6	+6.8
IWD	iShares Russell 1000 Value ETF	4.9	19	56	5.5	+8.6
MOAT	VanEck Morningstar Wide Moat ETF	4.9	46	29	5.1	+8.3
VONV	Vanguard Russell 1000 Value ETF	4.9	7	68	5.6	+8.7
DFNV	Donoghue Forlines Innovation ETF	4.9	69	6	4.1	+7.2
LCOW	Pacer S&P 500 Quality FCF Aristocrats ETF	4.8	49	26	5.0	+8.1
NULG	Nuveen ESG Large-Cap Growth ETF	4.8	26	49	3.0	+6.1
PTL	Inspire 500 ETF	4.8	9	66	4.5	+7.6
QQQJ	Invesco NASDAQ Next Gen 100 ETF	4.8	15	60	4.2	+7.4
CGRO	CoreValues Alpha Greater China Growth ETF	4.8	75	0	4.0	+7.1
MILN	Global X Millennial Consumer ETF	4.8	50	25	3.9	+7.0
DLN	WisdomTree U.S. LargeCap Dividend Fund	4.8	28	47	5.4	+8.5
GEW	Cambria Global EW ETF	4.7	29	46	5.3	+8.5
SPIT	F/m Emerald Special Situations ETF	4.7	105	-30	-0.7	+2.5
ILCV	iShares Morningstar Value ETF	4.7	4	71	5.3	+8.5
IPAY	ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund	4.7	75	0	5.8	+9.0
DFVX	Dimensional US Large Cap Vector ETF	4.7	22	53	5.2	+8.4
DTD	WisdomTree U.S. Total Dividend Fund	4.7	28	47	5.6	+8.8
NXTG	First Trust Indxx NextG ETF	4.7	70	5	4.5	+7.6
DGRW	WisdomTree US Quality Dividend Growth Fund	4.7	28	47	4.9	+8.0
QLV	FlexShares US Quality Low Volatility Index Fund	4.6	22	53	4.9	+8.0
XLSR	State Street US Sector Rotation ETF	4.6	70	5	4.3	+7.4
BEEX	BeeHive ETF	4.6	84	-9	3.8	+6.9
FCOM	Fidelity MSCI Communication Services Index ETF	4.5	8	67	4.3	+7.4
FDRV	Fidelity Electric Vehicles and Future Transportation ETF	4.5	39	36	1.1	+4.2
RSPF	Invesco S&P 500 Equal Weight Financials ETF	4.5	40	35	6.3	+9.5
MBCC	Monarch Blue Chips Core ETF	4.5	125	-50	3.8	+6.9
RVER	Trenchless Fund ETF	4.5	65	10	0.7	+3.9
QWLD	SPDR MSCI World StrategicFactors ETF	4.4	30	45	5.1	+8.2
ESGG	FlexShares STOXX Global ESG Select Index Fund	4.4	42	33	4.2	+7.4
TINY	ProShares Nanotechnology ETF	4.4	58	17	1.6	+4.8
NULC	Nuveen ESG Large-Cap ETF	4.4	21	54	4.1	+7.2
TMFG	Motley Fool Global Opportunities ETF	4.3	85	-10	3.8	+6.9
JVAL	JPMorgan U.S. Value Factor ETF	4.3	12	63	7.1	+10.2
DTCR	Global X Data Center & Digital Infrastructure ETF	4.3	50	25	3.9	+7.0
BBCA	JPMorgan BetaBuilders Canada ETF	4.3	19	56	5.4	+8.5
FLCA	Franklin FTSE Canada ETF	4.3	9	66	5.4	+8.6
FDNI	First Trust Dow Jones International Internet ETF	4.3	65	10	20.6	+23.7
EWC	iShares MSCI Canada ETF	4.3	50	25	5.1	+8.2
ACES	ALPS Clean Energy ETF	4.3	55	20	-2.6	+0.5
JEDI	Defiance Drone and Modern Warfare ETF	4.3	69	6	1.2	+4.3
EGLE	Global X S&P 500 U.S. Revenue Leaders ETF	4.3	19	56	4.9	+8.0
PEZ	Invesco Dorsey Wright Consumer Cyclicals Momentum ETF	4.3	60	15	0.7	+3.8
GRNJ	Fundstrat Granny Shts US Sm- &Mid-CapETF	4.3	75	0	2.0	+5.1
KARS	KraneShares Electric Vehicles & Future Mobility Index ETF	4.3	72	3	2.1	+5.3
SEIQ	SEI Enhanced U.S. Large Cap Quality Factor ETF	4.2	15	60	6.9	+10.0
VBK	Vanguard Small-Cap Growth ETF	4.2	7	68	1.3	+4.4
FDLO	Fidelity Low Volatility Factor ETF	4.2	15	60	4.7	+7.9
AFOS	ARS Focused Opportunities Strategy ETF	4.2	45	30	2.1	+5.2
RFDA	RiverFront Dynamic US Dividend Advantage ETF	4.2	52	23	5.4	+8.5
NETZ	TCW Transform Systems ETF	4.2	75	0	1.3	+4.4
IBB	iShares Biotechnology ETF	4.2	45	30	-0.5	+2.7
SAGP	Strategas Global Policy Opportunities ETF	4.2	65	10	4.5	+7.6
RSPD	Invesco S&P 500 Equal Weight Consumer Discretionary ETF	4.1	40	35	5.2	+8.3
VUSV	Vanguard Wellington U.S. Val Actv ETF	4.1	30	45	5.7	+8.8
IVE	iShares S&P 500 Value ETF	4.1	18	57	5.5	+8.6
SPYV	State Street SPDR Portfolio S&P 500 Value ETF	4.1	4	71	5.6	+8.8
VOOV	Vanguard S&P 500 Value ETF	4.1	7	68	5.6	+8.7
ABFL	Abacus FCF Leaders ETF	4.1	59	16	3.8	+7.0
VOX	Vanguard Communication Services ETF	4.1	9	66	4.2	+7.4
BLCV	iShares Large Cap Value Active ETF	4.0	53	22	6.3	+9.4
FPAG	FPA Global Equity ETF	4.0	49	26	5.6	+8.8
ITAN	Sparkline Intangible Value ETF	4.0	50	25	6.2	+9.3
OCEN	IQ Clean Oceans ETF	4.0	45	30	4.5	+7.6
SNPE	Xtrackers S&P 500 ESG ETF	4.0	10	65	4.4	+7.5
JAVA	JPMorgan Active Value ETF	4.0	44	31	5.4	+8.5
PPA	Invesco Aerospace & Defense ETF	4.0	58	17	1.6	+4.7
IUSV	iShares Core S&P US Value ETF	4.0	4	71	5.8	+8.9
WBAT	WisdomTree Battery Value Chain and Innovation Fund	4.0	45	30	-0.9	+2.2
JIG	JPMorgan International Growth ETF	4.0	55	20	3.5	+6.6
FFOX	FundX Future Fund Opportunities ETF	3.9	100	-25	2.3	+5.4
FBCV	Fidelity Blue Chip Value ETF	3.9	59	16	5.8	+8.9
BGDV	Bahl & Gaynor Dividend ETF	3.9	45	30	3.9	+7.0
RAFE	PIMCO RAFI ESG U.S. ETF	3.9	29	46	6.4	+9.5
AQLT	iShares MSCI Global Quality Factor ETF	3.9	18	57	0.0	+3.1
FBT	First Trust NYSE Arca Biotechnology Index Fund	3.8	56	19	2.6	+5.7
PTH	Invesco Dorsey Wright Healthcare Momentum ETF	3.8	60	15	-1.8	+1.4
SWP	SWP Growth & Income ETF	3.8	99	-24	4.0	+7.1
QOWZ	Invesco Nasdaq Free Cash Flow Achievers ETF	3.7	39	36	3.7	+6.9
FDRR	Fidelity Dividend ETF for Rising Rates	3.7	15	60	5.8	+9.0
FLRG	Fidelity U.S. Multifactor ETF	3.7	15	60	5.9	+9.0
SEMG	Suncoast Select Growth ETF	3.7	60	15	3.6	+6.7
QLTY	GMO U.S. Quality ETF	3.7	50	25	4.0	+7.1
KONG	Formidable Fortress ETF	3.7	89	-14	5.0	+8.2
SNPG	Xtrackers S&P 500 Growth ESG ETF	3.7	15	60	4.0	+7.1
QUAL	iShares MSCI USA Quality Factor ETF	3.7	15	60	4.4	+7.5
FDFF	Fidelity Disruptive Finance ETF	3.7	50	25	5.3	+8.5
FAD	First Trust Multi Cap Growth AlphaDEX Fund	3.7	64	11	1.3	+4.5
IPO	Renaissance IPO ETF	3.7	60	15	2.0	+5.1
DUSA	Davis Select U.S. Equity ETF	3.7	61	14	7.0	+10.2
DWLD	Davis Select Worldwide ETF	3.7	63	12	6.5	+9.7
ACSI	American Customer Satisfaction ETF	3.7	65	10	4.8	+7.9
MAVF	Matrix Advisors Value ETF	3.7	75	0	4.9	+8.1
SPGP	Invesco S&P 500 GARP ETF	3.7	34	41	5.6	+8.7
HAIL	State Street SPDR S&P Kensho Smart Mobility ETF	3.7	45	30	-1.5	+1.6
SKYY	First Trust Cloud Computing ETF	3.7	60	15	3.3	+6.5
IDRV	iShares Self-driving EV & Tech ETF	3.6	47	28	1.3	+4.4
IWP	iShares Russell Mid-Cap Growth ETF	3.6	23	52	2.7	+5.9
REVS	Columbia Research Enhanced Value ETF	3.6	19	56	6.8	+9.9
XMAG	Defiance Large Cap ex-Mag 7 ETF	3.6	35	40	4.4	+7.6
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastructure	3.6	58	17	3.5	+6.6
IMCG	iShares Morningstar Mid-Cap Growth ETF	3.6	6	69	3.5	+6.6
ESPO	VanEck Video Gaming and eSports ETF	3.5	56	19	6.1	+9.2
HERO	Global X Video Games & Esports ETF	3.5	50	25	5.4	+8.5
NERD	Roundhill Video Games ETF	3.5	50	25	7.2	+10.3
FCLD	Fidelity Cloud Computing ETF	3.5	39	36	3.9	+7.1
QQJG	Invesco ESG NASDAQ Next Gen 100 ETF	3.5	20	55	3.9	+7.0
FUNL	CornerCap Fundametrics Large-Cap ETF	3.5	50	25	6.0	+9.2
SGRT	SMART Earnings Growth 30 ETF	3.5	59	16	2.7	+5.8
QDEF	FlexShares Quality Dividend Defensive Index Fund	3.5	37	38	5.3	+8.5
QDF	FlexShares Quality Dividend Index Fund	3.5	37	38	5.4	+8.5
FMED	Fidelity Disruptive Medicine ETF	3.5	50	25	-1.2	+2.0
WCLD	WisdomTree Cloud Computing Fund	3.5	45	30	1.6	+4.8
ODDS	Pacer BlueStar Digital Entertainment ETF	3.5	60	15	4.5	+7.6
DVND	Touchstone Dividend Select ETF	3.5	67	8	5.2	+8.3
FMDE	Fidelity Enhanced Mid Cap ETF	3.4	23	52	5.4	+8.5
COWG	Pacer US Large Cap Cash Cows Growth Leaders ETF	3.4	49	26	4.7	+7.8
QMOM	Alpha Architect U.S. Quantitative Momentum ETF	3.4	39	36	1.1	+4.3
CHGX	AXS Change Finance ESG ETF	3.4	49	26	4.7	+7.8
TRUT	VanEck Technology TruSector ETF	3.4	13	62	4.0	+7.1
EDOW	First Trust Dow 30 Equal Weight ETF	3.3	50	25	4.5	+7.6
DIA	SPDR Dow Jones Industrial Average ETF	3.3	16	59	4.7	+7.8
FDVV	Fidelity High Dividend ETF	3.3	15	60	6.6	+9.7
PBW	Invesco WilderHill Clean Energy ETF	3.3	66	9	-3.1	+0.0
GSEW	Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	3.2	9	66	5.2	+8.3
FCTR	First Trust Lunt U.S. Factor Rotation ETF	3.2	65	10	4.7	+7.9
FEGE	First Eagle Global Equity ETF	3.2	79	-4	5.6	+8.8
SEIV	SEI Enhanced U.S. Large Cap Value Factor ETF	3.2	15	60	8.3	+11.4
WGMI	Valkyrie Bitcoin Miners ETF	3.2	75	0	-3.4	-0.3
SMAP	Amplify Small-Mid Cap Equity ETF	3.1	60	15	4.3	+7.5
IGV	iShares Expanded Tech-Software Sector ETF	3.1	41	34	3.7	+6.8
DAT	ProShares Big Data Refiners ETF	3.1	58	17	3.3	+6.4
FTWO	Strive FAANG 2.0 ETF	3.1	49	26	3.5	+6.6
ROUS	Hartford Multifactor US Equity ETF	3.1	19	56	5.5	+8.6
IBBQ	Invesco Nasdaq Biotechnology ETF	3.1	19	56	0.3	+3.4
QQXT	First Trust Nasdaq-100 Ex-Technology Sector Index Fund	3.1	60	15	3.9	+7.0
LIT	Global X Lithium & Battery Tech ETF	3.0	75	0	5.3	+8.4
MFUS	PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	3.0	29	46	5.7	+8.8
OPTZ	Optimize Strategy Index ETF	3.0	50	25	3.9	+7.0
DUHP	Dimensional US High Profitability ETF	2.9	21	54	5.0	+8.1
APIE	ActivePassive International Equity ETF	2.9	45	30	6.1	+9.2
MNRS	Grayscale Bitcoin Miners ETF	2.9	59	16	-2.8	+0.4
FEX	First Trust Large Cap Core AlphaDEX Fund	2.9	59	16	5.0	+8.2
MEDI	Harbor Health Care ETF	2.9	80	-5	-1.4	+1.8
BMED	Future Health ETF	2.8	85	-10	1.1	+4.2
SZNE	Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF	2.8	60	15	4.7	+7.8
SXQG	ETC 6 Meridian Quality Growth ETF	2.8	100	-25	2.8	+5.9
FTCE	First Trust New Constructs Core Earnings Leaders ETF	2.8	60	15	4.7	+7.8
RDVY	First Trust Rising Dividend Achievers ETF	2.8	50	25	5.1	+8.2
DIVE	Dana Concentrated Dividend ETF	2.8	65	10	6.6	+9.8
SIMS	State Street SPDR S&P Kensho Intelligent Structures ETF	2.8	45	30	4.2	+7.3
IEDI	iShares U.S. Consumer Focused ETF	2.8	18	57	4.6	+7.8
EUSA	iShares MSCI USA Equal Weighted ETF	2.8	9	66	5.5	+8.6
DNL	WisdomTree Global ex-US Quality Dividend Growth Fund	2.7	42	33	3.9	+7.0
ADIV	SmartETFs Asia Pacific Dividend Builder ETF	2.7	78	-3	9.3	+12.5
DIVS	SmartETFs Dividend Builder ETF	2.7	65	10	4.2	+7.4
CGDG	Capital Group Dividend Growers ETF	2.7	47	28	5.0	+8.1
TDIV	First Trust NASDAQ Technology Dividend Index Fund	2.7	50	25	5.3	+8.4
BGIG	Bahl & Gaynor Income Growth ETF	2.7	45	30	4.4	+7.6
AVSE	Avantis Responsible Emerging Markets Equity ETF	2.7	33	42	6.7	+9.9
CLOD	Themes Cloud Computing ETF	2.7	35	40	3.5	+6.7
TOLL	Tema Durable Quality ETF	2.7	75	0	4.0	+7.1
AVEM	Avantis Emerging Markets Equity ETF	2.7	33	42	7.1	+10.3
IJK	iShares S&P Mid-Cap 400 Growth ETF	2.7	17	58	4.1	+7.2
IDMO	Invesco S&P International Developed Momentum ETF	2.7	25	50	5.0	+8.1
AADR	AdvisorShares Dorsey Wright ADR ETF	2.7	110	-35	2.4	+5.5
TIIV	AAM Todd International Intrinsic Value ETF	2.7	54	21	9.2	+12.4
PY	Principal Value ETF	2.7	15	60	6.9	+10.0
CGIE	Capital Group International Equity ETF	2.7	54	21	4.4	+7.5
SFYX	SoFi Next 500 ETF	2.7	0	75	5.0	+8.1
GXPC	Global X PureCap MSCI Communication Services ETF	2.6	25	50	3.9	+7.0
SIZE	iShares MSCI USA Size Factor ETF	2.6	15	60	5.4	+8.6
TAX	Cambria Tax Aware ETF	2.6	49	26	4.1	+7.3
GDIV	Harbor Dividend Growth Leaders ETF	2.6	50	25	3.9	+7.1
JHDV	John Hancock U.S. High Dividend ETF	2.6	34	41	6.2	+9.3
LEAD	Siren DIVCON Leaders Dividend ETF	2.6	43	32	3.6	+6.7
SIXG	Defiance Connective Technologies ETF	2.6	30	45	3.4	+6.6
BBH	VanEck Biotech ETF	2.6	35	40	4.9	+8.1
RSP	Invesco S&P 500 Equal Weight ETF	2.6	20	55	5.8	+8.9
IBOT	Vaneck Robotics ETF	2.6	47	28	3.4	+6.5
RW	Rainwater Equity ETF	2.6	125	-50	2.6	+5.7
SSPY	Syntax Stratified LargeCap ETF	2.6	30	45	6.0	+9.1
DRNZ	REX Drone ETF	2.6	65	10	-1.6	+1.5
ASLV	Allspring Special Large Value ETF	2.5	35	40	5.0	+8.1
ONLN	ProShares Online Retail ETF	2.5	58	17	1.2	+4.4
EBIZ	Global X E-Commerce ETF	2.5	50	25	4.3	+7.4
IYZ	iShares U.S. Telecommunications ETF	2.5	40	35	6.2	+9.3
IVOG	Vanguard S&P Mid-Cap 400 Growth ETF	2.5	10	65	4.2	+7.3
PBE	Invesco Biotechnology & Genome ETF	2.5	58	17	1.8	+4.9
AIRR	First Trust RBA American Industrial Renaissance ETF	2.5	70	5	3.4	+6.6
ITA	iShares U.S. Aerospace & Defense ETF	2.5	40	35	1.3	+4.5
XAR	State Street SPDR S&P Aerospace & Defense ETF	2.5	35	40	1.6	+4.7
VXF	Vanguard Extended Market ETF	2.5	5	70	3.9	+7.0
ESMV	iShares ESG MSCI USA Min Vol Factor ETF	2.4	18	57	5.0	+8.1
MDYG	State Street SPDR S&P 400 Mid Cap Growth ETF	2.4	15	60	4.1	+7.3
FRGN	Horizon International Equity ETF	2.4	75	0	7.9	+11.1
WTV	WisdomTree US Value Fund of Benef Interest	2.4	12	63	7.6	+10.7
BBC	Virtus LifeSci Biotech Clinical Trials ETF	2.4	79	-4	0.0	+3.1
WCEO	Hypatia Women CEO ETF	2.4	85	-10	4.9	+8.0
IWR	iShares Russell Midcap ETF	2.4	19	56	5.4	+8.5
VFQY	Vanguard U.S. Quality Factor ETF	2.4	13	62	5.5	+8.6
SOCL	Global X Social Media ETF	2.4	65	10	10.8	+14.0
USMV	iShares MSCI USA Min Vol Factor ETF	2.4	15	60	5.1	+8.2
MAGA	Point Bridge America First ETF	2.4	72	3	5.0	+8.1
IYJ	iShares U.S. Industrials ETF	2.3	40	35	3.8	+6.9
BBMC	JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	2.3	7	68	5.4	+8.5
FIDU	Fidelity MSCI Industrial Index ETF	2.3	8	67	3.4	+6.6
AESR	Anfield U.S. Equity Sector Rotation ETF	2.3	108	-33	3.1	+6.2
VIS	Vanguard Industrials ETF	2.3	9	66	3.4	+6.6
TPLE	Timothy Plan Us Large/Mid Cap Core Enhanced ETF	2.3	58	17	4.8	+8.0
IBUY	Amplify Online Retail ETF	2.2	65	10	2.2	+5.3
GLRY	Inspire Faithward Mid Cap Momentum ETF	2.2	80	-5	3.7	+6.8
MADE	iShares U.S. Manufacturing ETF	2.2	40	35	3.3	+6.5
TMFX	Motley Fool Next Index ETF	2.2	50	25	2.9	+6.1
FNCL	Fidelity MSCI Financials Index ETF	2.2	8	67	6.0	+9.1
CWI	SPDR MSCI ACWI ex-US ETF	2.2	30	45	6.3	+9.4
FMTM	MarketDesk Focused U.S. Momentum ETF	2.2	45	30	4.9	+8.0
VB	Vanguard Small-Cap ETF	2.2	5	70	5.2	+8.4
ETEC	iShares Breakthrough Environmental Solutions ETF	2.2	47	28	2.8	+5.9
UPGD	Invesco Bloomberg Analyst Rating Improvers ETF	2.2	40	35	5.1	+8.2
CLOU	Global X Cloud Computing ETF	2.1	68	7	3.1	+6.3
PGJ	Invesco Golden Dragon China ETF	2.1	70	5	12.4	+15.5
DFUV	Dimensional US Marketwide Value ETF	2.1	22	53	6.2	+9.4
FITE	State Street SPDR S&P Kensho Future Security ETF	2.1	45	30	1.3	+4.4
GDOC	Goldman Sachs Future Health Care Equity ETF	2.1	75	0	0.9	+4.0
PINK	Simplify Health Care ETF	2.1	50	25	0.9	+4.0
PIEL	Pacer International Export Leaders ETF	2.1	60	15	4.0	+7.1
DRUP	GraniteShares Nasdaq Select Disruptors ETF	2.1	60	15	3.7	+6.8
YLDE	ClearBridge Dividend Strategy ESG ETF	2.1	60	15	4.8	+8.0
IWS	iShares Russell Mid-Cap Value ETF	2.1	23	52	6.1	+9.2
PRFZ	Invesco FTSE RAFI US 1500 Small-Mid ETF	2.0	39	36	2.4	+5.5
TPLC	Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	2.0	52	23	4.8	+7.9
MMSC	First Trust Multi-Manager Small Cap Opportunities ETF	2.0	95	-20	-0.5	+2.6
RSPC	Invesco S&P 500 Equal Weight Communication Services ETF	2.0	40	35	5.3	+8.5
IXP	iShares Global Comm Services ETF	2.0	42	33	5.4	+8.5
XLC	The Communication Services Select Sector SPDR Fund	2.0	8	67	5.1	+8.2
CFA	VictoryShares US 500 Volatility Wtd ETF	2.0	35	40	5.2	+8.3
CFO	VictoryShares US 500 Enhanced Volatility Wtd ETF	2.0	40	35	5.1	+8.2
SPAM	Themes Cybersecurity ETF	2.0	35	40	2.8	+5.9
ALRG	Allspring LT Large Core ETF	1.9	28	47	3.5	+6.6
ETHO	Etho Climate Leadership U.S. ETF	1.9	47	28	4.5	+7.6
VO	Vanguard Mid-Cap ETF	1.9	4	71	5.2	+8.4
KCE	State Street SPDR S&P Capital Markets ETF	1.9	35	40	6.0	+9.1
GDFN	Tema International Defense Innov ETF	1.9	75	0	2.3	+5.5
DTEC	ALPS Disruptive Technologies ETF	1.9	50	25	3.7	+6.8
IYF	iShares U.S. Financials ETF	1.9	40	35	5.6	+8.7
RSPE	Invesco ESG S&P 500 Equal Weight ETF	1.9	20	55	5.6	+8.8
SMLF	iShares U.S. SmallCap Equity Factor ETF	1.9	15	60	5.1	+8.2
CNRG	State Street SPDR S&P Kensho Clean Power ETF	1.8	45	30	-0.0	+3.1
FXO	First Trust Financials AlphaDEX Fund	1.8	62	13	7.9	+11.1
AVMC	Avantis U.S. Mid Cap Equity ETF	1.8	18	57	5.9	+9.0
IMCB	iShares Morningstar Mid-Cap ETF	1.8	4	71	5.3	+8.4
EVUS	iShares ESG Aware MSCI USA Value ETF	1.8	18	57	5.6	+8.7
IYG	iShares US Financial Services ETF	1.8	40	35	5.2	+8.3
WOMN	Impact Shares YWCA Women's Empowerment ETF	1.8	75	0	4.8	+7.9
BKCI	BNY Mellon Concentrated International ETF	1.8	80	-5	4.6	+7.8
OSEA	Harbor International Compounders ETF	1.8	55	20	3.9	+7.0
AVXC	Avantis Emerging Markets Ex-China Equity ETF	1.8	33	42	6.4	+9.5
EMC	Global X Emerging Markets Great Consumer ETF	1.8	75	0	7.1	+10.2
EMM	Global X Emerging Markets ex-China ETF	1.8	75	0	4.9	+8.1
GMF	SPDR S&P Emerging Asia Pacific ETF	1.8	49	26	8.5	+11.6
FFTY	Innovator IBD 50 ETF	1.8	80	-5	-0.1	+3.1
FRDM	Freedom 100 Emerging Markets ETF	1.8	49	26	5.7	+8.8
UMMA	Wahed Dow Jones Islamic World ETF	1.8	65	10	3.7	+6.8
GINX	SGI Enhanced Global Income ETF	1.8	98	-23	6.5	+9.6
ABLG	Abacus FCF International Leaders ETF	1.8	59	16	5.9	+9.0
FEOE	First Eagle Overseas Equity ETF	1.8	79	-4	5.8	+8.9
ITOL	Tema International Durable Quality ETF	1.8	60	15	4.7	+7.8
JSML	Janus Henderson Small Cap Growth Alpha ETF	1.8	30	45	2.8	+5.9
DBSC	Deepwater Beachfront Small Cap ETF	1.8	85	-10	1.1	+4.2
IWO	iShares Russell 2000 Growth ETF	1.8	24	51	0.5	+3.7
FTAG	First Trust Indxx Global Agriculture ETF	1.8	70	5	6.6	+9.7
HAP	VanEck Natural Resources ETF	1.8	50	25	6.5	+9.6
MOO	VanEck Agribusiness ETF	1.8	53	22	8.2	+11.4
KROP	Global X AgTech & Food Innovation ETF	1.8	50	25	6.3	+9.4
PAVE	Global X U.S. Infrastructure Development ETF	1.8	47	28	4.1	+7.2
VEGI	iShares MSCI Agriculture Producers ETF	1.8	39	36	7.0	+10.1
XLI	The Industrial Select Sector SPDR Fund	1.8	8	67	3.4	+6.5
HWAY	Themes US Infrastructure ETF	1.8	29	46	4.5	+7.7
FOWF	Pacer Solactive Whitney Fututre of Warfare ETF	1.8	60	15	3.2	+6.4
MOTG	VanEck Morningstar Global Wide Moat ETF	1.8	52	23	7.1	+10.2
XSW	State Street SPDR S&P Software & Services ETF	1.7	35	40	3.0	+6.1
NUDV	Nuveen ESG Dividend ETF	1.7	26	49	5.9	+9.0
EQAL	Invesco Russell 1000 Equal Weight ETF	1.7	20	55	6.1	+9.2
QQQS	Invesco NASDAQ Future Gen 200 ETF	1.7	20	55	-4.2	-1.1
BFOR	ALPS Barron's 400 ETF	1.7	65	10	4.9	+8.0
FLDZ	RiverNorth Patriot ETF	1.7	75	0	5.5	+8.6
JSMD	Janus Henderson Small/Mid Cap Growth Alpha ETF	1.7	30	45	3.8	+6.9
AVMV	Avantis U.S. Mid Cap Value ETF	1.7	20	55	7.1	+10.2
FXH	First Trust Health Care AlphaDEX Fund	1.7	62	13	4.6	+7.7
XLF	The Financial Select Sector SPDR Fund	1.7	8	67	5.6	+8.7
VFMF	Vanguard U.S. Multifactor ETF	1.7	18	57	6.7	+9.8
VFMV	Vanguard U.S. Minimum Volatility ETF	1.7	13	62	5.6	+8.7
TINT	ProShares Smart Materials ETF	1.7	58	17	5.4	+8.6
VICE	AdvisorShares Vice ETF	1.7	99	-24	5.5	+8.6
BOTZ	Global X Robotics & Artificial Intelligence ETF	1.7	69	6	1.7	+4.8
SDG	iShares MSCI Global Sustainable Development Goals ETF	1.7	49	26	4.5	+7.6
JSTC	Adasina Social Justice All Cap Global ETF	1.7	89	-14	4.5	+7.6
CTEF	Castellan Targeted Equity ETF	1.7	45	30	2.9	+6.0
RTH	VanEck Retail ETF	1.7	35	40	4.5	+7.6
FLAG	Global X S&P 500 U.S. Market Leaders Top 50 ETF	1.7	29	46	6.8	+10.0
CDIG	City Different Investments Global Equity ETF	1.7	75	0	-1.5	+1.6
VFH	Vanguard Financials ETF	1.7	9	66	6.0	+9.2
FXR	First Trust Industrials/Producer Durables AlphaDEX Fund	1.6	61	14	5.4	+8.6
BMVP	Invesco Bloomberg MVP Multi-factor ETF	1.6	29	46	6.3	+9.4
FMKT	The Free Markets ETF	1.6	76	-1	4.0	+7.2
NATO	Themes Transatlantic Defense ETF	1.6	35	40	1.6	+4.7
ONEO	State Street SPDR Russell 1000 Momentum Focus ETF	1.6	20	55	6.1	+9.2
FESM	Fidelity Enhanced Small Cap ETF	1.6	28	47	2.4	+5.6
MDY	SPDR S&P Midcap 400 ETF Trust	1.6	23	52	5.8	+9.0
IJH	iShares Core S&P Mid-Cap ETF	1.6	5	70	6.0	+9.2
FNY	First Trust Mid Cap Growth AlphaDEX Fund	1.6	70	5	2.0	+5.2
BINV	Brandes International ETF	1.6	70	5	8.0	+11.2
DFLV	Dimensional US Large Cap Value ETF	1.5	22	53	6.2	+9.3
EXI	iShares Global Industrials ETF	1.5	42	33	3.4	+6.5
IVOO	Vanguard S&P Mid-Cap 400 ETF	1.5	7	68	6.0	+9.1
SPMD	State Street SPDR Portfolio S&P 400 Mid Cap ETF	1.5	3	72	6.0	+9.2
VTWG	Vanguard Russell 2000 Growth ETF	1.5	10	65	0.7	+3.8
JPUS	JPMorgan Diversified Return U.S. Equity ETF	1.5	18	57	6.7	+9.9
FYC	First Trust Small Cap Growth AlphaDEX Fund	1.5	71	4	-0.6	+2.5
BKMC	BNY Mellon US Mid Cap Core Equity ETF	1.5	4	71	5.5	+8.6
BBP	Virtus LifeSci Biotech Products ETF	1.5	79	-4	-4.4	-1.2
HAPS	Harbor Human Capital Factor US Small Cap ETF	1.4	60	15	3.6	+6.7
NULV	Nuveen ESG Large-Cap Value ETF	1.4	26	49	5.2	+8.4
BULD	Pacer BlueStar Engineering the Future ETF	1.4	60	15	0.4	+3.5
PRXV	Praxis Impact Large Cap Value ETF	1.4	36	39	5.6	+8.7
DGRO	iShares Core Dividend Growth ETF	1.4	8	67	5.5	+8.6
INCE	Franklin Income Equity Focus ETF	1.4	29	46	5.2	+8.3
JHMM	John Hancock Multifactor Mid Cap ETF	1.4	42	33	5.3	+8.5
ULVM	VictoryShares US Value Momentum ETF	1.4	20	55	6.2	+9.3
ISCG	iShares Morningstar Small-Cap Growth ETF	1.3	6	69	2.8	+5.9
VALQ	American Century U.S. Quality Value ETF	1.3	29	46	6.7	+9.8
PWV	Invesco Large Cap Value ETF	1.3	55	20	6.4	+9.6
MID	American Century Mid Cap Growth Impact ETF	1.3	45	30	2.8	+5.9
RSSL	Global X Russell 2000 ETF	1.3	8	67	2.8	+6.0
MCDS	JPMorgan Fundamental Data Science Mid Core ETF	1.3	35	40	4.9	+8.1
XMHQ	Invesco S&P MidCap Quality ETF	1.3	25	50	5.8	+8.9
XMMO	Invesco S&P MidCap Momentum ETF	1.3	34	41	3.6	+6.7
NUKZ	Range Nuclear Renaissance Index ETF	1.3	85	-10	1.2	+4.3
NLR	VanEck Uranium+Nuclear Energy ETF	1.3	61	14	1.2	+4.4
ROKT	State Street SPDR S&P Kensho Final Frontiers ETF	1.3	45	30	0.9	+4.0
PAMC	Pacer Lunt MidCap Multi-Factor Alternator ETF	1.3	60	15	6.7	+9.9
URAN	Themes Uranium & Nuclear ETF	1.3	35	40	0.7	+3.9
SCDV	Bahl & Gaynor Small Cap Dividend ETF	1.3	70	5	3.7	+6.8
VOLT	Tema Electrification ETF	1.3	75	0	2.6	+5.7
TNUK	Tortoise Nuclear Renaissance ETF	1.3	75	0	0.6	+3.7
FTXH	First Trust Nasdaq Pharmaceuticals ETF	1.3	60	15	6.7	+9.8
DRGN	Themes China Generative Artificial Intelligence ETF	1.3	39	36	9.1	+12.2
EQIN	Columbia US Equity Income ETF	1.3	35	40	6.0	+9.1
CVAR	Cultivar ETF	1.3	87	-12	6.7	+9.8
SPYA	Twin Oak Endure ETF	1.2	80	-5	0.9	+4.0
QUVU	Hartford Quality Value ETF	1.2	46	29	5.5	+8.7
RSPN	Invesco S&P 500 Equal Weight Industrials ETF	1.2	40	35	4.1	+7.2
XRT	State Street SPDR S&P Retail ETF	1.2	35	40	7.0	+10.1
STXM	Strive Mid-Cap ETF	1.2	18	57	5.3	+8.4
PSCH	Invesco S&P SmallCap Health Care ETF	1.2	29	46	2.5	+5.6
RZG	Invesco S&P Smallcap 600 Pure Growth ETF	1.2	35	40	3.2	+6.3
CAFG	Pacer US Small Cap Cash Cows Growth Leaders ETF	1.2	59	16	4.8	+7.9
PRN	Invesco Dorsey Wright Industrials Momentum ETF	1.2	60	15	1.2	+4.3
MISL	First Trust Indxx Aerospace & Defense ETF	1.2	60	15	1.5	+4.6
ROAM	Hartford Multifactor Emerging Markets ETF	1.2	44	31	7.8	+10.9
HEAL	Global X HealthTech ETF	1.2	50	25	-1.4	+1.7
QVMM	Invesco S&P MidCap 400 QVM Multi-factor ETF	1.2	15	60	6.1	+9.2
IWM	iShares Russell 2000 ETF	1.2	19	56	2.7	+5.9
XJH	iShares ESG Screened S&P Mid-Cap ETF	1.1	12	63	5.9	+9.0
CSTK	Invesco Comstock Contrarian Equity ETF	1.1	35	40	5.9	+9.0
LST	Leuthold Select Industries ETF	1.1	91	-16	4.9	+8.0
KAT	Scharf ETF	1.1	87	-12	5.8	+9.0
GKAT	Scharf Global Opportunity ETF	1.1	57	18	5.6	+8.8
RBLD	First Trust Alerian US NextGen Infrastructure ETF	1.1	65	10	3.9	+7.0
RFG	Invesco S&P Midcap 400 Pure Growth ETF	1.1	35	40	4.5	+7.6
VTWO	Vanguard Russell 2000 ETF	1.1	7	68	2.9	+6.0
DGLO	First Trust RBA Deglobalization ETF	1.0	70	5	5.3	+8.4
FHLC	Fidelity MSCI Health Care Index ETF	1.0	8	67	5.1	+8.2
SCHV	Schwab U.S. Large-Cap Value ETF	1.0	4	71	5.6	+8.8
DFAX	Dimensional World ex U.S. Core Equity 2 ETF	1.0	30	45	6.2	+9.3
SAWS	AAM Sawgrass US Small Cap Quality Growth ETF	1.0	55	20	3.1	+6.3
STXD	Strive 1000 Dividend Growth ETF	1.0	35	40	4.3	+7.4
OMFS	Invesco Russell 2000 Dynamic Multifactor ETF	1.0	39	36	3.6	+6.7
XHS	State Street SPDR S&P Health Care Services ETF	1.0	35	40	4.0	+7.1
XOEF	iShares S&P 500 ex S&P 100 ETF	1.0	20	55	4.7	+7.8
FXD	First Trust Consumer Discretionary AlphaDEX Fund	1.0	61	14	7.1	+10.3
TPHD	Timothy Plan High Dividend Stock ETF	1.0	52	23	5.8	+8.9
VHT	Vanguard Health Care ETF	0.9	9	66	4.9	+8.0
KNCT	Invesco Next Gen Connectivity ETF	0.9	40	35	3.8	+6.9
PFM	Invesco Dividend Achievers ETF	0.9	53	22	4.6	+7.7
TDV	ProShares S&P Technology Dividend Aristocrats ETF	0.9	45	30	5.2	+8.4
CIBR	First Trust NASDAQ Cybersecurity ETF	0.9	60	15	4.7	+7.9
HACK	ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund	0.9	60	15	3.5	+6.6
MBOX	Freedom Day Dividend ETF	0.9	39	36	6.9	+10.0
BDIV	AAM Brentview Dividend Growth ETF	0.9	49	26	3.6	+6.7
CZAR	Themes Natural Monopoly ETF	0.9	35	40	5.2	+8.3
RJDI	RJ Eagle GCM Dividend Select Income ETF	0.9	55	20	4.4	+7.6
ACEP	ARS Core Equity ETF	0.9	45	30	4.2	+7.4
DVGR	DAC 3D Dividend Growth ETF	0.9	65	10	4.6	+7.8
VDIG	Vanguard Wellington Dividend Gr Actv ETF	0.9	40	35	4.3	+7.4
VIG	Vanguard Dividend Appreciation ETF	0.9	5	70	4.9	+8.0
VYM	Vanguard High Dividend Yield Index ETF	0.9	6	69	6.0	+9.1
MIDE	Xtrackers S&P MidCap 400 ESG ETF	0.9	15	60	6.7	+9.8
AQEC	AQE Core ETF	0.9	49	26	4.8	+8.0
KNGZ	First Trust S&P 500 Diversified Dividend Aristocrats ETF	0.9	50	25	8.3	+11.4
SCHM	Schwab U.S. Mid-Cap ETF	0.9	4	71	5.9	+9.0
PSC	Principal U.S. Small-Cap ETF	0.9	38	37	3.8	+6.9
BBSC	JPMorgan BetaBuilders U.S. Small Cap Equity ETF	0.9	9	66	3.9	+7.0
RUNN	Running Oak Efficient Growth ETF	0.9	58	17	4.5	+7.6
SELV	SEI Enhanced Low Volatility U.S. Large Cap ETF	0.9	15	60	6.0	+9.1
AGQI	First Trust Active Global Quality Income ETF	0.9	85	-10	6.2	+9.3
QLVE	FlexShares Emerging Markets Quality Low Volatility Index Fun	0.9	40	35	6.3	+9.4
GSSC	Goldman Sachs Activebeta U.S. Small Cap Equity ETF	0.9	20	55	4.2	+7.3
JMEE	JPMorgan Market Expansion Enhanced Equity ETF	0.9	24	51	6.0	+9.2
IXG	iShares Global Financials ETF	0.9	42	33	6.2	+9.3
VAMO	Cambria Value & Momentum ETF	0.9	61	14	5.0	+8.2
VFVA	Vanguard U.S. Value Factor ETF	0.8	13	62	9.3	+12.4
SHRY	First Trust Bloomberg Shareholder Yield ETF	0.8	60	15	8.1	+11.2
NUSC	Nuveen ESG Small-Cap ETF	0.8	31	44	4.9	+8.0
BKIE	BNY Mellon International Equity ETF	0.8	4	71	5.8	+8.9
JADE	JPMorgan Active Developing Markets Equity ETF	0.8	65	10	6.1	+9.3
ISCB	iShares Morningstar Small-Cap ETF	0.8	4	71	5.4	+8.5
TCAI	Tortoise AI Infrastructure ETF	0.8	65	10	1.7	+4.8
DIVG	Invesco S&P 500 High Dividend Growers ETF	0.8	39	36	7.3	+10.4
MGV	Vanguard Mega Cap Value ETF	0.8	7	68	5.4	+8.5
IYH	iShares U.S. Healthcare ETF	0.8	40	35	5.5	+8.6
BLES	Inspire Global Hope ETF	0.8	61	14	5.7	+8.8
ESML	iShares ESG Aware MSCI USA Small-Cap ETF	0.8	17	58	5.0	+8.2
JPME	JPMorgan Diversified Return U.S. Mid Cap Equity ETF	0.7	24	51	7.1	+10.2
SSUS	Day Hagan/Ned Davis Research Smart Sector ETF	0.7	79	-4	3.6	+6.8
STXI	Strive International Developed Markets ETF	0.7	29	46	5.5	+8.6
BIBL	Inspire 100 ETF	0.7	35	40	4.3	+7.5
IMTM	iShares MSCI Intl Momentum Factor ETF	0.7	30	45	4.5	+7.7
SRVR	Pacer Data & Infrastructure Real Estate ETF	0.7	55	20	3.7	+6.9
NIXT	Research Affiliates Deletions ETF	0.7	9	66	7.0	+10.1
SMMD	iShares Russell 2500 ETF	0.7	15	60	5.7	+8.8
AFSM	First Trust Active Factor Small Cap ETF	0.7	75	0	6.0	+9.2
VBR	Vanguard Small Cap Value ETF	0.7	7	68	7.7	+10.9
CSA	VictoryShares US Small Cap Volatility Wtd ETF	0.7	35	40	6.4	+9.5
LCTD	BlackRock World ex U.S. Carbon Transition Readiness ETF	0.7	20	55	5.4	+8.5
FSMD	Fidelity Small-Mid Multifactor ETF	0.7	15	60	6.6	+9.7
IQSM	IQ Candriam U.S. Mid Cap Equity ETF	0.6	15	60	5.1	+8.2
WSML	iShares MSCI World Small-Cap ETF	0.6	15	60	5.3	+8.5
FNX	First Trust Mid Cap Core AlphaDEX Fund	0.6	60	15	6.1	+9.2
FTA	First Trust Large Cap Value AlphaDEX Fund	0.6	59	16	7.5	+10.7
IQDF	FlexShares International Quality Dividend Index Fund	0.6	47	28	7.5	+10.6
DFAS	Dimensional U.S. Small Cap ETF	0.6	26	49	5.6	+8.7
DEUS	Xtrackers Russell US Multifactor ETF	0.6	17	58	6.3	+9.5
FYX	First Trust Small Cap Core AlphaDEX Fund	0.6	61	14	5.6	+8.8
VTV	Vanguard Value ETF	0.6	4	71	5.8	+8.9
CCNR	ALPS CoreCommodity Natural Resources ETF	0.6	39	36	8.0	+11.1
DFAE	Dimensional Emerging Core Equity Market ETF	0.6	35	40	7.0	+10.1
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	0.6	41	34	6.1	+9.2
SPDG	State Street SPDR Portfolio S&P Sector Neutral Dividend ETF	0.6	5	70	7.3	+10.5
PABD	iShares Paris-Aligned Climate MSCI World ex USA ETF	0.6	12	63	5.1	+8.2
GXUS	Goldman Sachs MarketBeta Total International Equity ETF	0.6	18	57	6.2	+9.4
QINT	American Century Quality Diversified International ETF	0.5	39	36	6.4	+9.5
VTWV	Vanguard Russell 2000 Value ETF	0.5	10	65	5.1	+8.2
AKAF	The Frontier Economic Fund	0.5	20	55	5.0	+8.1
IWN	iShares Russell 2000 Value ETF	0.5	24	51	4.9	+8.1
ACWV	iShares MSCI Global Min Vol Factor ETF	0.5	20	55	5.5	+8.6
IJJ	iShares S&P Mid-Cap 400 Value ETF	0.5	18	57	7.7	+10.8
STXK	Strive Small-Cap ETF	0.5	18	57	5.2	+8.3
IVOV	Vanguard S&P Mid-Cap 400 Value ETF	0.5	10	65	7.8	+10.9
FNDA	Schwab Fundamental US Small Co. Index ETF	0.5	25	50	6.1	+9.3
MDYV	State Street SPDR S&P 400 Mid Cap Value ETF	0.5	15	60	7.7	+10.8
SCHF	Schwab International Equity ETF	0.5	6	69	5.9	+9.0
ISMD	Inspire Small/Mid Cap ETF	0.5	54	21	5.4	+8.5
BJK	VanEck Gaming ETF	0.5	65	10	4.1	+7.2
BETZ	Roundhill Sports Betting & iGaming ETF	0.5	75	0	3.6	+6.8
IDEV	iShares Core MSCI International Developed Markets ETF	0.5	4	71	5.8	+8.9
VSGX	Vanguard ESG International Stock ETF	0.5	10	65	6.4	+9.6
BKSE	BNY Mellon US Small Cap Core Equity ETF	0.5	4	71	5.3	+8.4
VEA	Vanguard FTSE Developed Markets ETF	0.5	3	72	5.8	+9.0
SFLO	VictoryShares Small Cap Free Cash Flow ETF	0.5	49	26	8.5	+11.6
AIVL	WisdomTree U.S. AI Enhanced Value Fund	0.5	38	37	5.1	+8.3
AVSC	Avantis U.S Small Cap Equity ETF	0.5	25	50	4.8	+7.9
SVAL	iShares US Small Cap Value Factor ETF	0.4	20	55	7.5	+10.6
SPDW	SPDR Portfolio Developed World ex-US ETF	0.4	3	72	5.7	+8.9
RWK	Invesco S&P MidCap 400 Revenue ETF	0.4	39	36	7.8	+10.9
AMID	Argent Mid Cap ETF Argent Mid Cap ETF	0.4	52	23	4.8	+7.9
CANC	Tema Oncology ETF	0.4	75	0	-2.5	+0.6
CCSO	Carbon Collective Climate Solutions US Equity ETF	0.4	35	40	0.9	+4.0
SCHA	Schwab U.S. Small-Cap ETF	0.4	4	71	4.6	+7.7
OUSA	ALPS O'Shares U.S. Quality Dividend ETF	0.4	48	27	5.2	+8.4
MFVL	Motley Fool Value Factor ETF	0.4	50	25	5.4	+8.6
TLTD	FlexShares Morningstar Developed Markets ex-US Factor Tilt	0.4	39	36	6.7	+9.8
IQDY	FlexShares International Quality Dividend Dynamic Index Fund	0.4	47	28	7.3	+10.5
ACWX	iShares MSCI ACWI ex U.S. ETF	0.4	34	41	6.2	+9.3
GSIE	Goldman Sachs ActiveBeta International Equity ETF	0.4	25	50	5.9	+9.1
SQLV	Royce Quant Small-Cap Quality Value ETF	0.4	60	15	8.2	+11.3
TPSC	Timothy Plan US Small Cap Core ETF	0.4	52	23	6.4	+9.6
VEU	Vanguard FTSE All-World ex-US Index Fund	0.4	4	71	6.6	+9.7
IJT	iShares S&P Small-Cap 600 Growth ETF	0.4	18	57	3.8	+6.9
AVIE	Avantis� Inflation Focused Equity ETF	0.4	25	50	6.0	+9.1
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	0.4	38	37	7.0	+10.2
VIOG	Vanguard S&P Small-Cap 600 Growth ETF	0.4	10	65	3.8	+6.9
SLYG	State Street SPDR S&P 600 Small Cap Growth ETF	0.4	15	60	3.8	+6.9
STXV	Strive 1000 Value ETF	0.4	18	57	6.8	+9.9
VXUS	Vanguard Total International Stock ETF	0.4	5	70	6.5	+9.6
IXUS	iShares Core MSCI Total International Stock ETF	0.3	7	68	6.4	+9.6
IHF	iShares U.S. Healthcare Providers ETF	0.3	40	35	7.8	+11.0
SMDX	Intech S&P Small-Mid Cap Divers Alp ETF	0.3	35	40	6.3	+9.5
FAB	First Trust Multi Cap Value AlphaDEX Fund	0.3	67	8	8.5	+11.6
HRTS	Tema Heart & Health ETF	0.3	75	0	2.7	+5.8
SMOT	VanEck Morningstar SMID Moat ETF	0.3	49	26	6.3	+9.5
TTAC	FCF US Quality ETF	0.3	59	16	5.2	+8.4
AVDE	Avantis International Equity ETF	0.3	23	52	6.0	+9.1
IMCV	iShares Morningstar Mid-Cap Value ETF	0.3	6	69	6.9	+10.0
GVLU	Gotham 1000 Value ETF	0.3	50	25	7.9	+11.1
AVSD	Avantis Responsible International Equity ETF	0.3	23	52	5.7	+8.8
SCDS	JPMorgan Fundamental Data Science Small Core ETF	0.3	40	35	4.0	+7.1
COWZ	Pacer US Cash Cows 100 ETF	0.3	49	26	7.4	+10.6
QQWZ	Pacer Cash COWZ 100-Nasdaq100 Rotator ETF	0.3	49	26	7.4	+10.5
JHSC	John Hancock Multifactor Small Cap ETF	0.3	42	33	5.9	+9.0
DON	WisdomTree U.S. MidCap Dividend Fund	0.3	38	37	7.8	+10.9
ISCV	iShares Morningstar Small Cap Value ETF	0.2	6	69	7.7	+10.8
USVM	VictoryShares US Small Mid Cap Value Momentum ETF	0.2	25	50	7.9	+11.1
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	0.2	41	34	6.8	+9.9
XJR	iShares ESG Screened S&P Small-Cap ETF	0.2	12	63	6.3	+9.5
QVMS	Invesco S&P SmallCap 600 QVM Multi-factor ETF	0.2	15	60	6.4	+9.5
EEMX	SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF	0.2	30	45	8.1	+11.2
IJR	iShares Core S&P Small Cap ETF	0.2	6	69	6.5	+9.6
DBEM	Xtrackers MSCI Emerging Markets Hedged Equity ETF	0.2	66	9	7.5	+10.6
VIOO	Vanguard S&P Small-Cap 600 ETF	0.2	7	68	6.4	+9.5
SPSM	State Street SPDR Portfolio S&P 600 Small Cap ETF	0.2	3	72	6.5	+9.7
DFAI	Dimensional International Core Equity Market ETF	0.2	18	57	5.8	+8.9
ONEV	State Street SPDR Russell 1000 Low Volatility Focus ETF	0.2	20	55	7.1	+10.2
DFEV	Dimensional Emerging Markets Value ETF	0.2	43	32	9.7	+12.9
EES	WisdomTree U.S. SmallCap Fund	0.1	38	37	8.0	+11.1
FDT	First Trust Developed Markets ex-US AlphaDEX Fund	0.1	80	-5	6.5	+9.6
SMMV	iShares MSCI USA Small-Cap Min Vol Factor ETF	0.1	20	55	5.5	+8.6
PDN	Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF	0.1	49	26	5.7	+8.8
DFAT	Dimensional U.S. Targeted Value ETF	0.1	28	47	8.5	+11.7
EZM	WisdomTree U.S. MidCap Fund	0.1	38	37	7.9	+11.0
QLVD	FlexShares Developed Markets ex-US Quality Low Volatility In	0.1	32	43	5.1	+8.2
FLQS	Franklin U.S. Small Cap Multifactor Index ETF	0.1	35	40	6.0	+9.1
IWC	iShares Micro-Cap ETF	0.1	60	15	-1.5	+1.7
AUSF	Global X Adaptive U.S. Factor ETF	0.1	27	48	7.8	+10.9
PXF	Invesco FTSE RAFI Developed Markets ex-U.S. ETF	0.1	45	30	6.7	+9.8
BCDF	Horizon Kinetics Blockchain Development ETF	0.1	85	-10	3.8	+6.9
CALF	Pacer US Small Cap Cash Cows 100 ETF	0.1	59	16	9.3	+12.4
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	0.1	30	45	7.8	+10.9
DJD	Invesco Dow Jones Industrial Average Dividend ETF	0.0	7	68	6.4	+9.5
RWJ	Invesco S&P SmallCap 600 Revenue ETF	0.0	39	36	7.7	+10.8
DFIC	Dimensional International Core Equity 2 ETF	0.0	23	52	6.0	+9.1
MFDX	PIMCO RAFI Dynamic Multi-Factor International Equity ETF	0.0	39	36	5.9	+9.1
FNDF	Schwab Fundamental International Large Co. Index ETF	0.0	25	50	7.4	+10.5
TEKX	SPDR Galaxy Transformative Tech Accelerators ETF	0.0	65	10	0.0	+3.1

¹Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

	2020	2021	2022	2023	2024	2025E	2026E
Sales per share	**	**	**	**	**	**	**
Earnings per share	**	**	**	**	**	**	**
Dividends per share	**	**	**	**	**	**	**
Book value per share	**	**	**	**	**	**	**

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est.	**%		Debt-to-equity	**x
Asset turnover	**%		Assets-to-equity	**x

Return on equity

Revision activity*

*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS

	2024	2025E	2026E
Price-to-sales	**	**	**
Price-to-earnings	**	**	**
Price-to-cash flow	**	**	**
Price-to-growth	**	**	**
Price-to-book value	**	**	**
Yield	**	**	**

Historical valuation trends

Forward multiple:	ARK Innovation ETF
Relative to:	S&P500	MSCI EAFE	MSCI Emg. Mkts.	Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™

Calculation of ALTAR Score™
Avg. Return on Equity	-16.7	%
Divided by: Fwd. P/BV	7.0	x
Less: Expense ratio	75	bp
Equals: ALTAR Score	-3.1	%

More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS

COMPOSITE RATING	1.57	CATEGORY AVERAGE	1.58

The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale: BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3. Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.