ETF Research Center

Bitwise Web3 ETF

ALTAR
Score™

-0.1%

Recommen-
dation

AVOID

2025E 2026E
P/E ratio	66.6x	P/Sales ratio	8.2x
P/BV ratio	7.1x	Div. yield	0.4%

Description
Performance
Comps
Fundamentals
Valuation
Rating

BWEB tracks a tier-weighted index of companies connected to the global Web 3.0 industry. The selection process is overseen by a committee.

FUND BASICS
Category	US Equities
Fund Sponsor	Bitwise Asset Management, Inc.
Website	bwebetf.com/
Inception date	Oct 04, 2022
Assets (mns)	$5
Currency	USD
Expense ratio	85 bp
Distributions	Annually

FUND STRUCTURE
Regulation	Open-Ended Fund
Custodian
Weighting	Tiered
Index replication
Uses derivatives	No
Options available	No

SECTOR BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	43
Wgt avg mkt cap (mns)	$405,767
Large cap (>$10bn)	85.0%
Mid cap ($2-10bn)	6.9%
Small cap (<$2bn)	8.1%
Developed mkts	96.6%
Emerging mkts	3.4%

TOP TEN HOLDINGS
Total	62.9 %
ROBLOX CORP. CLASS A	9.1 %
EQUINIX INC	8.2 %
COINBASE GLOBAL, INC. CLASS A	8.0 %
SHOPIFY, INC. CLASS A	7.8 %
META PLATFORMS INC	7.6 %
CLOUDFLARE INC CLASS A	4.8 %
ELECTRONIC ARTS INC	4.8 %
MARATHON DIGITAL HOLDINGS INC	4.3 %
BLOCK INC.	4.2 %
TAKE-TWO INTERACTIVE SOFTWRE	4.1 %

TOP COUNTRY EXPOSURE
	UNITED STATES	83.4 %
	CANADA	8.9 %
	FRANCE	2.6 %
	CHINA	1.8 %
	TAIWAN	1.5 %
	GERMANY	1.1 %
	AUSTRALIA	0.9 %

HISTORICAL PERFORMANCE info

	Custom date range	Compare to
	thru

Standardized Annual Returns (thru July 31)
Year-to-date	1 year	5 years	10 years	Since Incep.
8.6%	5.8%	--	--	31.7%

Market Correlations
versus...	Beta	R-squared
S&P500	2.17	57%
MSCI EAFE	1.28	32%
MSCI Emg. Mkts.	1.07	41%

Technical Indicators
Recent close	$73.28
30d moving avg.	$73.96
Annualized volatility	37.3%
Short interest (ETF)	1.1%
Relative strength (RSI)	57

Liquidity measures
Avg. volume (thou.)	0
Turnover	0.0%
Bid/Ask (% of price)	0.18%
ADV underlying (mns)	$52,089

Distributions

FINDING ALTERNATIVE FUNDS

Below is a list of 1016 potential alternatives to the Bitwise Web3 ETF ETF based on the alternatives' overlap in portfolio holdings with BWEB. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker:

BWEB

Expense:

85 bp

ALTAR Score™:

-0.1%

ALTERNATIVE ETFs BASED ON OVERLAP WITH BWEB
Ticker	Fund Name	Overlap¹ vs BWEB (%)	Expense ratio (bp)	Savings vs BWEB (bp)	ALTAR Score™ (%)	ALTAR vs BWEB (%)
ARKW	ARK Next Generation Internet ETF	27.0	87	-2	0.5	+0.6
ARKF	ARK Fintech Innovation ETF	26.6	75	10	0.2	+0.3
FDIG	Fidelity Crypto Industry and Digital Payments ETF	25.3	39	46	-1.2	-1.1
DAPP	VanEck Digital Transformation ETF	24.3	50	35	0.0	+0.1
IBLC	iShares Blockchain and Tech ETF	23.9	47	38	-1.2	-1.2
GAMR	Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T	21.6	75	10	3.2	+3.3
ARKK	ARK Innovation ETF	21.5	75	10	-2.5	-2.5
BKCH	Global X Blockchain ETF	20.9	50	35	-2.9	-2.8
BITQ	Bitwise Crypto Industry Innovators ETF	20.8	85	0	-2.1	-2.0
BLOK	Amplify Transformational Data Sharing ETF	20.8	75	10	-0.1	-0.1
GGME	Invesco Next Gen Media and Gaming ETF	20.5	60	25	4.4	+4.5
FMET	Fidelity Metaverse ETF	20.3	39	46	4.3	+4.4
SATO	Invesco Alerian Galaxy Crypto Economy ETF	19.2	61	24	-0.7	-0.6
ARVR	First Trust Indxx Metaverse ETF	18.8	70	15	3.6	+3.7
CGGR	Capital Group Growth ETF	18.7	39	46	2.7	+2.7
MNRS	Grayscale Bitcoin Miners ETF	18.6	59	26	-2.2	-2.1
XDAT	Franklin Exponential Data ETF	18.5	50	35	1.1	+1.2
FDCF	Fidelity Disruptive Communications ETF	18.3	50	35	1.8	+1.9
FCOM	Fidelity MSCI Communication Services Index ETF	17.3	8	77	4.7	+4.8
PNQI	Invesco NASDAQ Internet ETF	16.9	60	25	3.8	+3.9
FFF	Founders 100 ETF	16.8	75	10	2.3	+2.4
STCE	Schwab Crypto Thematic ETF	16.5	30	55	2.5	+2.5
VERS	ProShares Metaverse ETF	16.3	58	27	0.4	+0.5
BUYZ	Franklin Disruptive Commerce ETF	16.2	50	35	2.6	+2.7
FINX	Global X FinTech ETF	16.0	68	17	3.0	+3.0
BJK	VanEck Gaming ETF	15.9	65	20	4.6	+4.7
CRPT	First Trust SkyBridge Crypto Industry & Digital Economy ETF	15.9	85	0	0.0	+0.1
PCGG	Polen Capital Global Growth ETF	15.4	85	0	3.9	+4.0
WGMI	Valkyrie Bitcoin Miners ETF	15.0	75	10	-3.0	-2.9
ESPO	VanEck Video Gaming and eSports ETF	14.7	56	29	6.4	+6.5
WUGI	AXS Esoterica NextG Economy ETF	14.5	75	10	1.6	+1.7
VOX	Vanguard Communication Services ETF	14.4	9	76	4.6	+4.7
AGIX	KraneShares Artificial Intelligence and Technology ETF	14.4	99	-14	1.1	+1.2
RSPC	Invesco S&P 500 Equal Weight Communication Services ETF	14.4	40	45	6.1	+6.2
BCOR	Grayscale Bitcoin Adopters ETF	14.4	59	26	1.7	+1.7
DUNK	Dana Unconstrained Equity ETF	14.3	75	10	1.8	+1.9
FDN	First Trust Dow Jones Internet Index Fund	14.2	52	33	2.6	+2.7
FDND	FT Vest Dow Jones Internet & Target Income ETF	14.2	75	10	2.6	+2.7
SFYF	SoFi Social 50 ETF	13.8	29	56	0.8	+0.8
AOTG	AOT Growth and Innovation ETF	13.7	75	10	1.2	+1.3
NERD	Roundhill Video Games ETF	13.7	50	35	7.4	+7.5
BUZZ	VanEck Social Sentiment ETF	13.5	75	10	-0.7	-0.6
OGIG	ALPS O'Shares Global Internet Giants ETF	13.3	48	37	2.4	+2.5
OND	ProShares On-Demand ETF	13.3	58	27	0.6	+0.7
TOPT	iShares Top 20 U.S. Stocks ETF	13.1	20	65	3.2	+3.3
XLC	Communication Services Select Sector SPDR	12.9	8	77	5.7	+5.8
HERO	Global X Video Games & Esports ETF	12.8	50	35	5.7	+5.8
QGRW	WisdomTree U.S. Quality Growth Fund	12.7	28	57	3.0	+3.1
BNGE	First Trust S-Network Streaming and Gaming ETF	12.6	70	15	3.1	+3.2
LCF	Touchstone US Large Cap Focused ETF	12.6	69	16	3.6	+3.7
FDTX	Fidelity Disruptive Technology ETF	12.5	50	35	1.6	+1.7
WTRE	WisdomTree New Economy Real Estate Fund	12.5	58	27	-0.3	-0.2
GINN	Goldman Sachs Innovate Equity ETF	12.3	52	33	3.7	+3.7
FFOG	Franklin Focused Growth ETF	12.2	61	24	1.7	+1.7
XLG	Invesco S&P 500 Top 50 ETF	12.1	20	65	3.7	+3.8
CRTC	Xtrackers US National Critical Technologies ETF	12.1	35	50	4.1	+4.2
PRXG	Praxis Impact Large Cap Growth ETF	12.0	36	49	3.2	+3.3
VUG	Vanguard Growth ETF	12.0	4	81	21.2	+21.3
MGK	Vanguard Mega Cap Growth ETF	11.9	7	78	17.6	+17.7
ANEW	ProShares MSCI Transformational Changes ETF	11.5	45	40	4.2	+4.3
DFVX	Dimensional US Large Cap Vector ETF	11.5	22	63	5.3	+5.4
LVDS	JPMorgan Fundamental Data Science Large Value ETF	11.5	49	36	4.7	+4.8
BGRO	iShares Large Cap Growth Active ETF	11.4	55	30	1.9	+2.0
LRGC	AB US Large Cap Strategic Equities ETF	11.4	48	37	3.9	+3.9
IXP	iShares Global Comm Services ETF	11.4	42	43	5.9	+5.9
QUAL	iShares MSCI USA Quality Factor ETF	11.4	15	70	4.5	+4.6
SCHG	Schwab U.S. Large-Cap Growth ETF	11.3	4	81	3.4	+3.5
PABU	iShares Paris-Aligned Climate MSCI USA ETF	11.3	10	75	3.7	+3.8
IGM	iShares Expanded Tech Sector ETF	11.3	41	44	2.7	+2.8
AVUQ	Avantis U.S. Quality ETF	11.3	15	70	3.7	+3.8
GLBL	Pacer MSCI World Industry Advantage ETF	11.2	65	20	3.4	+3.5
TIME	Clockwise Core Equity & Innovation ETF	11.2	95	-10	2.1	+2.2
DTCR	Global X Data Center & Digital Infrastructure ETF	11.2	50	35	3.5	+3.6
GGUS	Marketbeta Russell 1000 Growth Equity ETF	11.2	12	73	3.7	+3.8
IVES	Wedbush ETFMG Global Cloud Technology ETF	11.2	68	17	3.5	+3.6
BBLU	EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF	11.2	15	70	4.1	+4.2
NACP	Impact Shares NAACP Minority Empowerment ETF	11.1	49	36	3.6	+3.7
GVIP	Goldman Sachs Hedge Industry VIP ETF	11.1	45	40	2.5	+2.6
VONG	Vanguard Russell 1000 Growth ETF	11.1	7	78	3.8	+3.9
IWY	iShares Russell Top 200 Growth ETF	11.1	20	65	3.8	+3.9
ADME	Aptus Drawdown Managed Equity ETF	11.1	79	6	3.4	+3.5
OEF	iShares S&P 100 ETF	11.0	20	65	3.8	+3.9
IWF	iShares Russell 1000 Growth ETF	11.0	19	66	15.4	+15.4
FFLC	Fidelity Fundamental Large Cap Core ETF	11.0	38	47	3.9	+4.0
TECB	iShares U.S. Tech Breakthrough Multisector ETF	10.9	40	45	2.8	+2.9
LRGE	ClearBridge Large Cap Growth ESG ETF	10.9	59	26	2.7	+2.8
CGUS	Capital Group Core Equity ETF	10.9	33	52	3.6	+3.7
MODL	VictoryShares WestEnd U.S. Sector ETF	10.9	42	43	4.0	+4.1
JGRO	JPMorgan Active Growth ETF	10.8	44	41	2.6	+2.7
TOPC	iShares S&P 500 3% Capped ETF	10.8	15	70	4.4	+4.5
HLAL	Wahed FTSE USA Shariah ETF	10.8	50	35	3.6	+3.7
VOOG	Vanguard S&P 500 Growth ETF	10.7	7	78	18.9	+19.0
FELG	Fidelity Enhanced Large Cap Growth ETF	10.7	18	67	3.5	+3.5
MGC	Vanguard Mega Cap ETF	10.7	7	78	3.9	+4.0
OEI	Optimized Equity Income ETF	10.6	75	10	3.6	+3.7
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	10.6	4	81	3.1	+3.2
IVW	iShares S&P 500 Growth ETF	10.6	18	67	3.0	+3.1
USCL	iShares Climate Conscious & Transition MSCI USA ETF	10.5	8	77	4.4	+4.5
USCA	Xtrackers MSCI USA Climate Action Equity ETF	10.5	7	78	4.4	+4.5
SPXV	ProShares S&P 500 Ex-Health Care ETF	10.5	9	76	4.0	+4.0
DGRW	WisdomTree US Quality Dividend Growth Fund	10.4	28	57	5.0	+5.1
JPEF	JPMorgan Equity Focus ETF	10.4	50	35	3.8	+3.9
KLMN	Invesco MSCI North America Climate ETF	10.4	9	76	4.3	+4.4
IWL	iShares Russell Top 200 ETF	10.4	15	70	3.9	+4.0
IUSG	iShares Core S&P U.S. Growth ETF	10.4	4	81	3.2	+3.3
NULC	Nuveen ESG Large-Cap ETF	10.4	21	64	4.0	+4.0
TMFC	Motley Fool 100 Index ETF	10.4	50	35	3.0	+3.1
AQLT	iShares MSCI Global Quality Factor ETF	10.3	18	67	0.0	+0.1
VV	Vanguard Large-Cap ETF	10.3	4	81	4.1	+4.2
IYW	iShares U.S. Technology ETF	10.3	40	45	2.9	+3.0
STXG	Strive 1000 Growth ETF	10.3	18	67	3.3	+3.4
GSUS	Goldman Sachs MarketBeta U.S. Equity ETF	10.3	7	78	4.1	+4.2
PBUS	Invesco MSCI USA ETF	10.2	4	81	4.2	+4.3
BLCR	iShares Large Cap Core Active ETF	10.2	36	49	3.0	+3.0
THRO	iShares U.S. Thematic Rotation Active ETF	10.2	90	-5	3.1	+3.2
LCOW	Pacer S&P 500 Quality FCF Aristocrats ETF	10.2	49	36	5.1	+5.2
BBUS	JP Morgan Betabuilders U.S. Equity ETF	10.2	2	83	4.2	+4.3
INRO	iShares U.S. Industry Rotation Active ETF	10.2	42	43	3.6	+3.7
GXLC	Global X U.S. 500 ETF	10.2	2	83	4.1	+4.2
FDNI	First Trust Dow Jones International Internet ETF	10.2	65	20	27.2	+27.3
BKLC	BNY Mellon US Large Cap Core Equity ETF	10.1	0	85	12.5	+12.6
VOTE	TCW Transform 500 ETF	10.1	5	80	4.1	+4.2
VOO	Vanguard S&P 500 ETF	10.1	3	82	4.2	+4.3
RECS	Columbia Research Enhanced Core ETF	10.1	15	70	5.3	+5.3
DYNF	BlackRock U.S. Equity Factor Rotation ETF	10.1	30	55	3.7	+3.8
ILCB	iShares Morningstar U.S. Equity ETF	10.1	3	82	4.1	+4.2
AIQ	Global X Artificial Intelligence & Technology ETF	10.1	68	17	2.7	+2.8
CHRI	Global X S&P 500 Christian Values ETF	10.1	29	56	4.0	+4.0
RGEF	Rockefeller Global Equity ETF	10.0	55	30	3.8	+3.9
QARP	Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	10.0	19	66	5.1	+5.2
GXPC	Global X PureCap MSCI Communication Services ETF	10.0	25	60	4.1	+4.2
SPYM	State Street SPDR Portfolio S&P 500 ETF	10.0	2	83	4.2	+4.3
SPY	SPDR S&P 500 ETF	10.0	9	76	4.2	+4.3
QVML	Invesco S&P 500 QVM Multi-factor ETF	10.0	11	74	4.3	+4.4
GQQQ	Astoria US Quality Growth Kings ETF	10.0	35	50	3.4	+3.5
VNSE	Natixis Vaughan Nelson Select ETF	10.0	80	5	3.5	+3.6
IVV	iShares Core S&P 500 ETF	10.0	3	82	4.2	+4.3
FBCG	Fidelity Blue Chip Growth ETF	10.0	59	26	2.3	+2.4
VONE	Vanguard Russell 1000 ETF	9.9	7	78	4.2	+4.3
SPGM	SPDR Portfolio MSCI Global Stock Market ETF	9.9	9	76	4.8	+4.9
GUSA	Goldman Sachs MarketBeta U.S. 1000 Equity ETF	9.9	11	74	4.2	+4.2
ESGU	iShares ESG Aware MSCI USA ETF	9.9	15	70	4.2	+4.3
FELC	Fidelity Enhanced Large Cap Core ETF	9.9	18	67	4.3	+4.4
ESGV	Vanguard ESG U.S. Stock ETF	9.9	9	76	4.2	+4.2
IWB	iShares Russell 1000 ETF	9.8	15	70	4.2	+4.3
ONEQ	Fidelity Nasdaq Composite Index ETF	9.8	21	64	3.0	+3.0
IYY	iShares Dow Jones U.S. ETF	9.8	20	65	4.1	+4.2
USNZ	Xtrackers Net Zero Pathway Paris Aligned US Equity ETF	9.8	10	75	4.2	+4.3
VTI	Vanguard Total Stock Market ETF	9.8	3	82	4.1	+4.2
KOCG	FIS Knights of Columbus Global Belief ETF	9.7	75	10	4.6	+4.7
USMC	Principal U.S. Mega-Cap ETF	9.7	12	73	3.5	+3.6
VTHR	Vanguard Russell 3000 ETF	9.7	7	78	4.1	+4.2
DFUS	Dimensional U.S. Equity ETF	9.7	9	76	4.1	+4.2
APUE	ActivePassive U.S. Equity ETF	9.7	45	40	3.9	+4.0
IWV	iShares Russell 3000 ETF	9.6	20	65	4.0	+4.1
SEIQ	SEI Enhanced U.S. Large Cap Quality Factor ETF	9.6	15	70	7.6	+7.7
ITOT	iShares Core S&P Total U.S. Stock Market ETF	9.6	3	82	4.2	+4.2
SFY	SoFi Select 500 ETF	9.6	0	85	3.7	+3.8
SPTM	State Street SPDR Portfolio S&P 1500 Composite Stock Market	9.6	3	82	4.4	+4.5
DSPY	Tema S&P 500 Historical Weight ETF	9.6	18	67	4.4	+4.5
AQEC	AQE Core ETF	9.6	49	36	5.2	+5.3
NZAC	SPDR MSCI ACWI Climate Paris Aligned ETF	9.5	12	73	4.5	+4.5
QTOP	iShares Nasdaq Top 30 Stocks ETF	9.5	20	65	2.9	+2.9
FFND	Future Fund Active ETF	9.5	100	-15	4.4	+4.5
VUSE	Vident U.S. Equity Strategy ETF	9.5	50	35	3.8	+3.9
DRUP	GraniteShares Nasdaq Select Disruptors ETF	9.5	60	25	3.4	+3.5
DEMZ	Democratic Large Cap Core ETF	9.5	45	40	3.8	+3.9
ODDS	Pacer BlueStar Digital Entertainment ETF	9.4	60	25	4.8	+4.8
VUSG	Vanguard Wellington U.S. Growth Active ETF	9.4	35	50	2.6	+2.7
QUS	State Street SPDR MSCI USA StrategicFactors ETF	9.4	15	70	5.0	+5.1
QQQM	Invesco NASDAQ 100 ETF	9.4	15	70	3.3	+3.4
QQQ	Invesco QQQ Trust Series I	9.4	20	65	3.3	+3.4
BPAY	BlackRock Future Financial and Technology ETF	9.4	70	15	5.3	+5.4
LRGF	iShares U.S. Equity Factor ETF	9.4	8	77	4.6	+4.7
KONG	Formidable Fortress ETF	9.4	89	-4	5.2	+5.3
EPS	WisdomTree U.S. LargeCap Fund	9.4	8	77	4.7	+4.8
LCTU	BlackRock U.S. Carbon Transition Readiness ETF	9.4	14	71	4.2	+4.3
KOKU	Xtrackers MSCI Kokusai Equity ETF	9.3	9	76	4.4	+4.5
AGRW	Allspring LT Large Growth ETF	9.3	35	50	3.6	+3.6
ILCG	iShares Morningstar Growth ETF	9.3	4	81	3.2	+3.3
AVUS	Avantis U.S. Equity ETF	9.3	15	70	4.8	+4.8
CGDV	Capital Group Dividend Value ETF	9.3	33	52	3.9	+4.0
KLMT	Invesco MSCI Global Climate 500 ETF	9.3	10	75	4.9	+5.0
TOK	iShares MSCI Kokusai ETF	9.3	26	59	4.3	+4.4
GFGF	Guru Favorite Stocks ETF Guru Favorite Stocks Fund	9.3	65	20	3.6	+3.7
SPXE	ProShares S&P 500 Ex-Energy ETF	9.3	9	76	4.1	+4.2
SPXN	ProShares S&P 500 Ex-Financials ETF	9.2	9	76	4.1	+4.1
TMFE	Motley Fool Capital Efficiency 100 Index ETF	9.2	50	35	3.5	+3.6
IPAY	ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund	9.2	75	10	6.3	+6.3
JQUA	JPMorgan U.S. Quality Factor ETF	9.2	12	73	4.9	+5.0
GSPY	Gotham Enhanced 500 ETF	9.2	50	35	4.3	+4.4
IETC	iShares U.S. Tech Independence Focused ETF	9.2	18	67	3.1	+3.2
SPYX	State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF	9.2	20	65	4.0	+4.1
NANC	Unusual Whales Subversive Democratic Trading ETF	9.2	75	10	2.9	+3.0
USSE	Segall Bryant & Hamill Select Equity ETF	9.2	65	20	3.0	+3.1
TOV	JLens 500 Jewish Advocacy U.S. ETF	9.1	18	67	3.9	+4.0
DFAU	Dimensional US Core Equity Market ETF	9.1	12	73	4.3	+4.4
IWFG	IQ Winslow Focused Large Cap Growth ETF	9.1	65	20	2.3	+2.4
LOWV	AB US Low Volatility Equity ETF	9.1	48	37	4.4	+4.5
DFSU	Dimensional US Sustainability Core 1 ETF	9.1	18	67	4.7	+4.8
QLV	FlexShares US Quality Low Volatility Index Fund	9.1	22	63	5.0	+5.1
CATH	Global X S&P 500 Catholic Values Custom ETF	9.1	29	56	4.1	+4.1
YLDE	ClearBridge Dividend Strategy ESG ETF	9.1	60	25	5.4	+5.4
DLN	WisdomTree U.S. LargeCap Dividend Fund	9.0	28	57	5.4	+5.5
CAML	Congress Large Cap Growth ETF	9.0	66	19	2.6	+2.7
GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	9.0	9	76	4.4	+4.4
HGRO	Hedgeye Quality Growth ETF	9.0	70	15	3.6	+3.7
LOUP	Innovator Deepwater Frontier Tech ETF	9.0	70	15	1.0	+1.1
SCHX	Schwab U.S. Large-Cap ETF	9.0	3	82	4.3	+4.4
GLOV	Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF	9.0	25	60	5.5	+5.6
ENHU	iShares Enhanced Large Cap Core Active ETF	9.0	22	63	4.1	+4.2
SOCL	Global X Social Media ETF	9.0	65	20	14.0	+14.1
URTH	iShares MSCI World ETF	9.0	24	61	4.3	+4.4
MFIG	Motley Fool Innovative Growth Factor ETF	9.0	50	35	2.7	+2.8
SCHK	Schwab 1000 Index ETF	8.9	5	80	4.3	+4.3
DCOR	Dimensional US Core Equity 1 ETF	8.9	14	71	4.6	+4.7
AVSU	Avantis Responsible U.S. Equity ETF	8.9	15	70	4.9	+5.0
ACWI	iShares MSCI ACWI ETF	8.8	32	53	4.6	+4.7
TILT	FlexShares Morningstar US Market Factor Tilt Index Fund	8.8	25	60	4.9	+5.0
SCHB	Schwab U.S. Broad Market ETF	8.7	3	82	4.2	+4.3
SPXT	ProShares S&P 500 Ex-Technology ETF	8.7	9	76	5.0	+5.1
VSLU	Applied Finance Valuation Large Cap ETF	8.7	49	36	4.9	+5.0
DAK	Dakota Active Equity ETF	8.6	43	42	3.8	+3.9
JHML	John Hancock Multifactor Large Cap ETF	8.6	29	56	4.5	+4.6
RAUS	RACWI US ETF	8.6	15	70	4.1	+4.2
FLRG	Fidelity U.S. Multifactor ETF	8.5	15	70	6.0	+6.0
QQMG	Invesco ESG NASDAQ 100 ETF	8.5	20	65	3.2	+3.3
RND	First Trust Bloomberg R&D Leaders ETF	8.5	60	25	2.6	+2.6
JUST	Goldman Sachs JUST U.S. Large Cap Equity ETF	8.5	20	65	4.2	+4.3
JGLO	JPMorgan Global Select Equity ETF	8.5	33	52	4.3	+4.4
WTAI	WisdomTree Artificial Intelligence and Innovation Fund	8.5	45	40	1.9	+2.0
IGPT	Invesco AI and Next Gen Software ETF	8.5	60	25	2.3	+2.4
FDFF	Fidelity Disruptive Finance ETF	8.5	50	35	5.2	+5.3
HDUS	Hartford Disciplined US Equity ETF	8.5	19	66	4.8	+4.8
PEXL	Pacer US Export Leaders ETF	8.5	60	25	3.1	+3.2
DTD	WisdomTree U.S. Total Dividend Fund	8.5	28	57	5.7	+5.8
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	8.4	29	56	4.1	+4.1
OALC	OneAscent Large Cap Core ETF	8.4	86	-1	3.4	+3.5
IUS	Invesco RAFI Strategic US ETF	8.3	19	66	5.4	+5.5
CGGO	Capital Group Global Growth Equity ETF	8.3	47	38	4.1	+4.2
NBDS	Neuberger Berman Disrupters ETF	8.3	55	30	0.8	+0.8
CIBR	First Trust NASDAQ Cybersecurity ETF	8.3	60	25	3.2	+3.2
EQL	Alps Equal Sector Weight ETF	8.2	25	60	5.2	+5.3
XVV	iShares ESG Screened S&P 500 ETF	8.2	8	77	4.2	+4.2
SFTY	Horizon Managed Risk ETF	8.2	77	8	3.5	+3.5
BYRE	Principal Real Estate Active Opportunities ETF	8.2	65	20	7.4	+7.4
REAI	Intelligent Real Estate ETF	8.2	59	26	5.8	+5.9
FPRO	Fidelity Real Estate Investment ETF	8.2	59	26	6.5	+6.6
SRVR	Pacer Data & Infrastructure Real Estate ETF	8.2	55	30	4.5	+4.6
IDGT	iShares U.S. Digital Infrastructure and Real Estate ETF	8.2	41	44	4.6	+4.7
JPRE	JPMorgan Realty Income ETF	8.2	50	35	7.2	+7.2
SPRE	SP Funds S&P Global REIT Sharia ETF	8.2	55	30	5.8	+5.9
JRE	Janus Henderson U.S. Real Estate ETF	8.2	65	20	5.7	+5.7
STOX	Horizon Core Equity ETF	8.2	70	15	3.6	+3.6
VT	Vanguard Total World Stock ETF	8.2	6	79	5.0	+5.1
CLOU	Global X Cloud Computing ETF	8.2	68	17	2.1	+2.2
QWLD	SPDR MSCI World StrategicFactors ETF	8.2	30	55	5.2	+5.2
VOT	Vanguard Mid-Cap Growth ETF	8.1	7	78	3.2	+3.3
CRBN	iShares MSCI ACWI Low Carbon Target ETF	8.1	20	65	4.7	+4.8
NULV	Nuveen ESG Large-Cap Value ETF	8.1	26	59	5.0	+5.1
ICF	iShares Cohen & Steers REIT ETF	8.1	33	52	7.7	+7.8
VLU	State Street SPDR S&P 1500 Value Tilt ETF	8.0	12	73	6.1	+6.2
ILCV	iShares Morningstar Value ETF	8.0	4	81	5.2	+5.3
DFAC	Dimensional U.S. Core Equity 2 ETF	8.0	17	68	4.7	+4.8
KAT	Scharf ETF	7.9	87	-2	6.2	+6.2
SAWG	AAM Sawgrass US Large Cap Quality Growth ETF	7.9	49	36	3.8	+3.9
EMOT	First Trust S&P 500 Economic Moat ETF	7.9	60	25	8.5	+8.6
SUSA	iShares MSCI USA ESG Select ETF	7.9	25	60	4.0	+4.1
LOGO	Alpha Brands Consumption Leaders ETF	7.8	69	16	2.8	+2.8
RVER	Trenchless Fund ETF	7.8	65	20	0.6	+0.6
GGRW	Gabelli Growth Innovators ETF	7.8	90	-5	2.2	+2.3
DUHP	Dimensional US High Profitability ETF	7.8	21	64	5.4	+5.5
XLSR	State Street US Sector Rotation ETF	7.8	70	15	4.3	+4.4
XNTK	State Street SPDR NYSE Technology ETF	7.8	35	50	2.5	+2.6
MAVF	Matrix Advisors Value ETF	7.7	75	10	4.9	+5.0
SWP	SWP Growth & Income ETF	7.7	99	-14	4.5	+4.6
SEMG	Suncoast Select Growth ETF	7.6	60	25	3.9	+4.0
LGDX	Intech S&P Large Cap Diversified Alpha ETF	7.6	25	60	4.2	+4.3
FVAL	Fidelity Value Factor ETF	7.6	15	70	5.9	+5.9
DVND	Touchstone Dividend Select ETF	7.6	67	18	5.3	+5.4
SPHB	Invesco S&P 500 High Beta ETF	7.5	25	60	3.6	+3.7
RAYD	Rayliant Quantitative Developed Market Equity ETF	7.5	80	5	3.6	+3.7
FQAL	Fidelity Quality Factor ETF	7.5	15	70	4.9	+5.0
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	7.5	10	75	4.2	+4.3
ESG	FlexShares Trust FlexShares STOXX US ESG Select Index Fund	7.5	32	53	3.9	+4.0
FDG	American Century Focused Dynamic Growth ETF	7.5	45	40	1.9	+2.0
CHAT	Roundhill Generative AI & Technology ETF	7.5	75	10	4.3	+4.4
LRNZ	TrueShares Technology, AI & Deep Learning ETF	7.5	69	16	-0.7	-0.7
XT	iShares Exponential Technologies ETF	7.4	46	39	3.9	+4.0
RFDA	RiverFront Dynamic US Dividend Advantage ETF	7.4	52	33	5.1	+5.1
EVUS	iShares ESG Aware MSCI USA Value ETF	7.4	18	67	5.5	+5.6
LRND	IQ U.S. Large Cap R&D Leaders ETF	7.4	14	71	4.0	+4.0
QTEC	First Trust NASDAQ-100 Technology Sector Index Fund	7.4	57	28	2.5	+2.5
DSI	iShares MSCI KLD 400 Social ETF	7.3	25	60	4.1	+4.2
FCTE	SMI 3Fourteen Full-Cycle Trend ETF	7.3	85	0	4.2	+4.3
QLTY	GMO U.S. Quality ETF	7.3	50	35	3.9	+4.0
HAPI	Harbor Human Capital Factor US Large Cap ETF	7.3	36	49	4.1	+4.2
QRFT	Qraft Ai-Enhanced U.S. Large Cap ETF	7.3	75	10	3.2	+3.3
QOWZ	Invesco Nasdaq Free Cash Flow Achievers ETF	7.3	39	46	3.8	+3.9
SUSL	iShares ESG MSCI USA Leaders ETF	7.3	10	75	4.2	+4.3
IOO	iShares Global 100 ETF	7.3	41	44	3.8	+3.9
GQRE	FlexShares Global Quality Real Estate Index Fund	7.3	45	40	7.8	+7.9
RWL	Invesco S&P 500 Revenue ETF	7.2	39	46	5.7	+5.8
GLOF	iShares Global Equity Factor ETF	7.2	20	65	5.5	+5.6
BRNY	Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation	7.2	79	6	4.1	+4.2
USMV	iShares MSCI USA Min Vol Factor ETF	7.2	15	70	5.4	+5.5
JMOM	JPMorgan U.S. Momentum Factor ETF	7.2	12	73	3.4	+3.5
PWB	Invesco Large Cap Growth ETF	7.2	56	29	2.1	+2.2
ESMV	iShares ESG MSCI USA Min Vol Factor ETF	7.1	18	67	5.1	+5.2
JEPI	JPMorgan Equity Premium Income ETF	7.1	35	50	5.3	+5.4
GRNY	Fundstrat Granny Shots US Large Cap ETF	7.1	75	10	2.2	+2.3
XLRE	Real Estate Select Sector SPDR	7.0	8	77	7.5	+7.6
FLQL	Franklin LibertyQ U.S. Equity ETF	7.0	15	70	4.6	+4.7
WOMN	Impact Shares YWCA Women's Empowerment ETF	7.0	75	10	4.8	+4.9
QQEW	First Trust Nasdaq-100 Equal Weighted Index Fund	7.0	58	27	3.2	+3.3
DXUV	Dimensional US Vector Equity ETF	7.0	28	57	5.2	+5.3
MMTM	State Street SPDR S&P 1500 Momentum Tilt ETF	7.0	12	73	3.9	+4.0
SPGP	Invesco S&P 500 GARP ETF	7.0	34	51	5.9	+6.0
YOKE	Yoke Core ETF	7.0	42	43	3.9	+4.0
LEGR	First Trust Indxx Innovative Transaction & Process ETF	6.9	65	20	7.2	+7.3
GKAT	Scharf Global Opportunity ETF	6.9	57	28	5.9	+6.0
QTUM	Defiance Quantum ETF	6.9	40	45	3.8	+3.9
IWP	iShares Russell Mid-Cap Growth ETF	6.9	23	62	3.1	+3.2
SGLC	SGI U.S. Large Cap Core ETF	6.9	85	0	3.6	+3.7
VFMV	Vanguard U.S. Minimum Volatility ETF	6.9	13	72	5.8	+5.8
QQQE	Direxion NASDAQ-100 Equal Weighted Index Shares	6.9	35	50	3.5	+3.6
MFMO	Motley Fool Momentum Factor ETF	6.9	50	35	2.2	+2.2
FEGE	First Eagle Global Equity ETF	6.9	79	6	6.0	+6.0
TRFM	AAM Transformers ETF	6.9	49	36	1.0	+1.1
QLC	FlexShares US Quality Large Cap Index Fund	6.9	25	60	4.5	+4.6
ABIG	Argent Large Cap ETF	6.8	49	36	4.4	+4.5
IAI	iShares U.S. Broker-Dealers & Securities Exchanges ETF	6.8	40	45	4.0	+4.1
ROBT	First Trust Nasdaq Artificial Intelligence & Robotics ETF	6.8	65	20	1.3	+1.4
GEW	Cambria Global EW ETF	6.8	29	56	5.4	+5.5
DUSA	Davis Select U.S. Equity ETF	6.8	61	24	7.0	+7.1
EGUS	iShares ESG Aware MSCI USA Growth ETF	6.7	18	67	3.2	+3.2
RFFC	ALPS Active Equity Opportunity ETF	6.7	48	37	3.7	+3.8
BAI	iShares AI Innovation and Tech Active ETF	6.7	55	30	1.0	+1.1
GQI	Natixis Gateway Quality Income ETF	6.7	34	51	4.7	+4.7
DTRE	First Trust Alerian Disruptive Technology Real Estate ETF	6.7	60	25	5.7	+5.7
WCBR	WisdomTree Cybersecurity Fund	6.7	45	40	1.7	+1.8
GURU	Global X Guru Index ETF	6.6	75	10	2.4	+2.5
QBIG	Invesco Top QQQ ETF	6.6	29	56	0.0	+0.1
REVS	Columbia Research Enhanced Value ETF	6.6	19	66	6.4	+6.5
PSET	Principal Quality ETF	6.6	15	70	5.0	+5.1
ACVF	American Conservative Values ETF	6.6	75	10	3.8	+3.8
SPRX	Spear Alpha ETF	6.6	75	10	-0.8	-0.7
USRD	Themes US R&D Champions ETF	6.6	29	56	4.1	+4.1
ESGG	FlexShares STOXX Global ESG Select Index Fund	6.6	42	43	4.0	+4.1
JAVA	JPMorgan Active Value ETF	6.6	44	41	5.4	+5.5
DARP	Grizzle Growth ETF	6.5	75	10	1.8	+1.9
DGT	State Street SPDR Global Dow ETF	6.5	50	35	5.6	+5.7
VNQ	Vanguard Real Estate ETF	6.5	13	72	7.1	+7.2
PRF	Invesco FTSE RAFI US 1000 ETF	6.5	34	51	5.5	+5.6
SHE	State Street SPDR MSCI USA Gender Diversity ETF	6.4	20	65	4.3	+4.4
XSW	State Street SPDR S&P Software & Services ETF	6.4	35	50	2.5	+2.6
USEW	Cambria US EW ETF	6.4	30	55	4.2	+4.3
CZAR	Themes Natural Monopoly ETF	6.3	35	50	5.3	+5.4
LST	Leuthold Select Industries ETF	6.3	91	-6	4.7	+4.8
WRND	IQ Global Equity R&D Leaders ETF	6.3	18	67	4.1	+4.2
SNPE	Xtrackers S&P 500 ESG ETF	6.3	10	75	4.4	+4.5
EQWL	Invesco S&P 100 Equal Weight ETF	6.3	25	60	5.4	+5.5
RPG	Invesco S&P 500 Pure Growth ETF	6.3	35	50	2.8	+2.9
FCPI	Fidelity Stocks for Inflation ETF	6.3	15	70	5.8	+5.8
BGDV	Bahl & Gaynor Dividend ETF	6.3	45	40	4.1	+4.1
IQSU	IQ Candriam U.S. Large Cap Equity ETF	6.3	9	76	4.2	+4.3
MOTG	VanEck Morningstar Global Wide Moat ETF	6.2	52	33	8.1	+8.2
FDRR	Fidelity Dividend ETF for Rising Rates	6.2	15	70	5.6	+5.6
FSST	Fidelity Sustainable U.S. Equity ETF	6.2	59	26	3.7	+3.8
USRT	iShares Core U.S. REIT ETF	6.2	8	77	7.3	+7.4
EBI	Longview Advantage ETF	6.2	35	50	5.9	+6.0
LGRO	Level Four Large Cap Growth Active ETF	6.1	55	30	3.5	+3.6
SNPG	Xtrackers S&P 500 Growth ESG ETF	6.1	15	70	4.1	+4.2
TMFG	Motley Fool Global Opportunities ETF	6.1	85	0	3.9	+4.0
FXL	First Trust Technology AlphaDEX Fund	6.1	61	24	4.9	+5.0
ACSI	American Customer Satisfaction ETF	6.1	65	20	4.4	+4.5
RWO	SPDR Dow Jones Global Real Estate ETF	6.0	50	35	6.6	+6.6
SPUS	SP Funds S&P 500 Sharia Industry Exclusions ETF	6.0	45	40	3.7	+3.7
SPMO	Invesco S&P 500 Momentum ETF	6.0	13	72	3.0	+3.1
AIPO	Defiance AI & Power Infrastructure ETF	6.0	69	16	0.9	+1.0
AFLG	First Trust Active Factor Large Cap ETF	6.0	55	30	5.0	+5.1
LCDS	JPMorgan Fundamental Data Science Large Core ETF	6.0	30	55	4.1	+4.1
RDVY	First Trust Rising Dividend Achievers ETF	5.9	50	35	5.1	+5.1
ICAP	InfraCap Equity Income Fund ETF	5.9	171	-86	4.7	+4.7
CLOD	Themes Cloud Computing ETF	5.9	35	50	3.0	+3.1
AVRE	Avantis Real Estate ETF	5.9	17	68	7.2	+7.3
QUVU	Hartford Quality Value ETF	5.8	46	39	5.4	+5.5
FREL	Fidelity MSCI Real Estate Index ETF	5.8	8	77	7.4	+7.5
ROE	Astoria US Quality Kings ETF	5.8	49	36	5.3	+5.4
ASLV	Allspring Special Large Value ETF	5.8	35	50	5.2	+5.2
CVLC	Calvert US Large-Cap Core Responsible Index ETF	5.8	15	70	4.3	+4.3
GVUS	Marketbeta Russell 1000 Value Equity ETF	5.8	12	73	5.2	+5.3
FNDX	Schwab Fundamental US Large Co. Index ETF	5.7	25	60	6.1	+6.1
AVLV	Avantis U.S. Large Cap Value ETF	5.7	15	70	5.8	+5.9
QDEF	FlexShares Quality Dividend Defensive Index Fund	5.7	37	48	5.4	+5.5
LCLG	Logan Capital Broad Innovative Growth ETF	5.7	99	-14	3.1	+3.2
QDF	FlexShares Quality Dividend Index Fund	5.7	37	48	5.4	+5.5
STRN	SMART Trend 25 ETF	5.7	59	26	2.6	+2.6
SPIT	F/m Emerald Special Situations ETF	5.7	105	-20	-0.7	-0.6
CARZ	First Trust NASDAQ Global Auto Index Fund	5.7	70	15	2.4	+2.5
REET	iShares Global REIT ETF	5.6	14	71	7.3	+7.4
CGIE	Capital Group International Equity ETF	5.6	54	31	4.6	+4.7
ARKQ	ARK Autonomous Technology & Robotics ETF	5.6	75	10	1.0	+1.1
SKYY	First Trust Cloud Computing ETF	5.6	60	25	2.4	+2.5
KOMP	State Street SPDR S&P Kensho New Economies Composite ETF	5.5	20	65	0.8	+0.9
BEEZ	Honeytree U.S. Equity ETF	5.5	64	21	3.8	+3.9
EWC	iShares MSCI Canada ETF	5.5	50	35	5.0	+5.1
FNDB	Schwab Fundamental US Broad Market Index ETF	5.5	25	60	6.1	+6.2
FCLD	Fidelity Cloud Computing ETF	5.5	39	46	2.6	+2.7
FBCV	Fidelity Blue Chip Value ETF	5.4	59	26	5.5	+5.6
PSR	Invesco Active U.S. Real Estate Fund	5.4	35	50	7.3	+7.4
ARKX	ARK Space Exploration & Innovation ETF	5.4	75	10	0.0	+0.1
SURE	AdvisorShares Insiders Advantage ETF	5.4	90	-5	7.8	+7.9
FTEC	Fidelity MSCI Information Technology Index ETF	5.4	8	77	3.0	+3.1
FMKT	The Free Markets ETF	5.4	76	9	4.2	+4.3
DFAR	Dimensional US Real Estate ETF	5.4	19	66	7.5	+7.6
SIXA	ETC 6 Meridian Mega Cap Equity ETF	5.4	80	5	5.5	+5.6
TCAI	Tortoise AI Infrastructure ETF	5.3	65	20	1.5	+1.6
NXTG	First Trust Indxx NextG ETF	5.3	70	15	3.4	+3.5
MILN	Global X Millennial Consumer ETF	5.3	50	35	4.3	+4.4
MVPA	Miller Value Partners Appreciation ETF	5.3	60	25	9.7	+9.7
QGRO	American Century U.S. Quality Growth ETF	5.3	29	56	4.1	+4.2
MTUM	iShares MSCI USA Momentum Factor ETF	5.3	15	70	2.4	+2.5
RAFE	PIMCO RAFI ESG U.S. ETF	5.3	29	56	5.9	+6.0
JVAL	JPMorgan U.S. Value Factor ETF	5.3	12	73	6.7	+6.8
VGT	Vanguard Information Technology ETF	5.2	9	76	24.8	+24.9
KVLE	KraneShares Value Line Dynamic Dividend Equity Index ETF	5.2	56	29	6.9	+7.0
DFGR	Dimensional Global Real Estate ETF	5.2	22	63	7.3	+7.4
USXF	iShares ESG Advanced MSCI USA ETF	5.2	10	75	3.9	+4.0
WAR	U.S. Global Tech and Aerospace & Defense ETF	5.1	60	25	0.2	+0.2
BEEX	BeeHive ETF	5.1	84	1	3.7	+3.8
IQM	Franklin Intelligent Machines ETF	5.1	50	35	1.2	+1.3
XMAG	Defiance Large Cap ex-Mag 7 ETF	5.1	35	50	4.3	+4.4
NULG	Nuveen ESG Large-Cap Growth ETF	5.1	26	59	3.1	+3.2
AIEQ	AI Powered Equity ETF	5.1	75	10	3.8	+3.9
NEWZ	StockSnips AI-Powered Sentiment US All Cap ETF	5.1	65	20	5.2	+5.3
VEGN	US Vegan Climate ETF	5.0	60	25	3.4	+3.5
FELV	Fidelity Enhanced Large Cap Value ETF	5.0	18	67	5.3	+5.4
VGSR	Vert Global Sustainable Real Estate ETF	5.0	47	38	7.4	+7.4
YNOT	Horizon Digital Frontier ETF	5.0	75	10	2.6	+2.7
IXN	iShares Global Tech ETF	4.9	41	44	2.6	+2.7
PFM	Invesco Dividend Achievers ETF	4.9	53	32	4.7	+4.8
BRIF	FIS Bright Portfolios Focused Equity ETF	4.8	65	20	3.4	+3.5
GTEK	Goldman Sachs Future Tech Leaders Equity ETF	4.8	75	10	1.9	+2.0
MID	American Century Mid Cap Growth Impact ETF	4.8	45	40	3.1	+3.1
HACK	ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund	4.8	60	25	2.2	+2.3
VUSV	Vanguard Wellington U.S. Value Active ETF	4.8	30	55	5.7	+5.8
FTGS	First Trust Growth Strength ETF	4.8	60	25	3.7	+3.8
FDMO	Fidelity Momentum Factor ETF	4.8	15	70	2.5	+2.6
SSUS	Day Hagan/Ned Davis Research Smart Sector ETF	4.8	79	6	3.5	+3.6
RSPF	Invesco S&P 500 Equal Weight Financials ETF	4.7	40	45	6.2	+6.3
GK	AdvisorShares Gerber Kawasaki ETF	4.7	75	10	1.5	+1.6
SSPY	Syntax Stratified LargeCap ETF	4.7	30	55	6.1	+6.2
DWLD	Davis Select Worldwide ETF	4.6	63	22	7.1	+7.2
BBRE	JPMorgan BetaBuilders MSCI U.S. REIT ETF	4.6	11	74	7.3	+7.4
ACWV	iShares MSCI Global Min Vol Factor ETF	4.6	20	65	5.7	+5.7
FRI	First Trust S&P REIT Index Fund	4.6	50	35	6.8	+6.8
GXPT	Global X PureCap MSCI Information Technology ETF	4.6	25	60	3.3	+3.3
RSPT	Invesco S&P 500 Equal Weight Technology ETF	4.5	40	45	3.7	+3.8
SEIV	SEI Enhanced U.S. Large Cap Value Factor ETF	4.5	15	70	7.6	+7.7
VONV	Vanguard Russell 1000 Value ETF	4.5	7	78	5.3	+5.3
KBWR	Invesco KBW Regional Banking ETF	4.5	35	50	8.5	+8.6
IMCG	iShares Morningstar Mid-Cap Growth ETF	4.5	6	79	3.4	+3.5
RWR	State Street SPDR Dow Jones REIT ETF	4.5	25	60	7.0	+7.0
IYR	iShares U.S. Real Estate ETF	4.5	40	45	7.3	+7.4
VIG	Vanguard Dividend Appreciation ETF	4.5	5	80	5.0	+5.1
CHGX	AXS Change Finance ESG ETF	4.5	49	36	4.4	+4.4
SEIM	SEI Enhanced U.S. Large Cap Momentum Factor ETF	4.5	15	70	3.1	+3.2
ERET	iShares Environmentally Aware Real Estate ETF	4.4	30	55	7.2	+7.3
FPAG	FPA Global Equity ETF	4.4	49	36	5.7	+5.8
RSPR	Invesco S&P 500 Equal Weight Real Estate ETF	4.4	40	45	8.1	+8.2
OPTZ	Optimize Strategy Index ETF	4.4	50	35	3.5	+3.6
PRAY	FIS Christian Stock Fund	4.4	69	16	4.1	+4.2
BBCA	JPMorgan BetaBuilders Canada ETF	4.4	19	66	5.3	+5.4
BDIV	AAM Brentview Dividend Growth ETF	4.4	49	36	3.8	+3.9
IWD	iShares Russell 1000 Value ETF	4.4	19	66	5.2	+5.3
IGV	iShares Expanded Tech-Software Sector ETF	4.4	41	44	3.2	+3.3
FDLO	Fidelity Low Volatility Factor ETF	4.4	15	70	4.9	+5.0
FDWM	Fidelity Women's Leadership ETF	4.4	59	26	4.0	+4.1
SELV	SEI Enhanced Low Volatility U.S. Large Cap ETF	4.4	15	70	6.2	+6.3
IWX	iShares Russell Top 200 Value ETF	4.3	20	65	4.8	+4.9
DNL	WisdomTree Global ex-US Quality Dividend Growth Fund	4.3	42	43	4.2	+4.3
MOTO	SmartETFs Smart Transportation & Technology ETF	4.3	68	17	5.8	+5.9
EDOW	First Trust Dow 30 Equal Weight ETF	4.3	50	35	4.7	+4.7
XPND	First Trust Expanded Technology ETF	4.3	65	20	3.0	+3.1
SXQG	ETC 6 Meridian Quality Growth ETF	4.3	100	-15	3.1	+3.1
DIA	SPDR Dow Jones Industrial Average ETF	4.3	16	69	4.9	+4.9
FLCA	Franklin FTSE Canada ETF	4.3	9	76	5.4	+5.5
GOP	Unusual Whales Subversive Republican Trading ETF	4.3	50	35	4.2	+4.3
XLK	Technology Select Sector SPDR	4.3	8	77	3.2	+3.3
ROUS	Hartford Multifactor US Equity ETF	4.3	19	66	5.4	+5.5
SCHH	Schwab U.S. REIT ETF	4.3	7	78	7.6	+7.6
AGQI	First Trust Active Global Quality Income ETF	4.3	85	0	6.4	+6.5
PPTY	US Diversified Real Estate ETF	4.2	53	32	7.9	+8.0
BGIG	Bahl & Gaynor Income Growth ETF	4.2	45	40	4.5	+4.6
JOET	Virtus Terranova US Quality Momentum ETF	4.2	29	56	3.9	+4.0
TRUT	VanEck Technology TruSector ETF	4.2	13	72	3.8	+3.9
DGRO	iShares Core Dividend Growth ETF	4.2	8	77	5.6	+5.6
ARTY	iShares Future AI & Tech ETF	4.2	47	38	2.3	+2.4
AIVC	Amplify Bloomberg AI Value Chain ETF	4.2	59	26	3.5	+3.6
SOXQ	Invesco PHLX Semiconductor ETF	4.1	19	66	2.1	+2.2
AIS	VistaShares Artificial Intelligence Supercycle ETF	4.1	75	10	1.0	+1.0
SOXX	iShares Semiconductor ETF	4.1	35	50	2.1	+2.2
CHPX	Global X AI Semiconductor & Quantum ETF	4.1	50	35	1.7	+1.7
SMH	VanEck Semiconductor ETF	4.1	35	50	2.1	+2.2
FUNL	CornerCap Fundametrics Large-Cap ETF	4.1	50	35	6.5	+6.5
MOAT	VanEck Morningstar Wide Moat ETF	4.1	46	39	5.5	+5.6
GDIV	Harbor Dividend Growth Leaders ETF	4.1	50	35	4.1	+4.2
BKCI	BNY Mellon Concentrated International ETF	4.1	80	5	5.1	+5.1
RSPE	Invesco ESG S&P 500 Equal Weight ETF	4.0	20	65	5.5	+5.6
CSTK	Invesco Comstock Contrarian Equity ETF	4.0	35	50	5.8	+5.9
JIG	JPMorgan International Growth ETF	3.9	55	30	3.7	+3.8
CGDG	Capital Group Dividend Growers ETF	3.9	47	38	5.2	+5.3
SAMM	Strategas Macro Momentum ETF	3.9	66	19	3.6	+3.7
MFUS	PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	3.8	29	56	5.6	+5.7
WTV	WisdomTree US Value ETF	3.8	12	73	7.7	+7.8
DIVE	Dana Concentrated Dividend ETF	3.8	65	20	6.7	+6.7
GPT	Intelligent Alpha Atlas ETF	3.7	69	16	6.2	+6.2
XITK	State Street SPDR FactSet Innovative Technology ETF	3.7	45	40	0.1	+0.2
FBOT	Fidelity Disruptive Automation ETF	3.7	50	35	3.0	+3.1
DFLV	Dimensional US Large Cap Value ETF	3.7	22	63	5.9	+6.0
QQQG	Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF	3.7	49	36	3.0	+3.0
ABOT	Abacus FCF Innovation Leaders ETF	3.7	69	16	3.5	+3.6
FDVV	Fidelity High Dividend ETF	3.7	15	70	6.6	+6.7
PIEL	Pacer International Export Leaders ETF	3.7	60	25	4.2	+4.2
KCE	State Street SPDR S&P Capital Markets ETF	3.7	35	50	5.9	+5.9
VO	Vanguard Mid-Cap ETF	3.7	4	81	21.3	+21.4
TMAT	Main Thematic Innovation ETF	3.6	164	-79	-2.0	-1.9
ISHP	First Trust Nasdaq Retail ETF	3.6	60	25	5.6	+5.7
XLF	Financial Select Sector SPDR	3.6	8	77	5.6	+5.6
STXD	Strive 1000 Dividend Growth ETF	3.6	35	50	4.6	+4.7
EGLE	Global X S&P 500 U.S. Revenue Leaders ETF	3.6	19	66	4.7	+4.8
FOWF	Pacer Solactive Whitney Fututre of Warfare ETF	3.5	60	25	3.5	+3.6
BLCV	iShares Large Cap Value Active ETF	3.5	53	32	6.1	+6.2
FTC	First Trust Large Cap Growth AlphaDEX Fund	3.5	59	26	1.9	+2.0
CBSE	Clough Select Equity ETF	3.5	85	0	0.4	+0.5
PSCT	Invesco S&P SmallCap Information Technology ETF	3.5	29	56	3.2	+3.3
TOGA	Tremblant Global ETF	3.5	69	16	-0.1	-0.0
CWI	SPDR MSCI ACWI ex-US ETF	3.4	30	55	6.4	+6.5
VOOV	Vanguard S&P 500 Value ETF	3.3	7	78	5.6	+5.7
YALL	God Bless America ETF	3.3	65	20	4.6	+4.6
FNCL	Fidelity MSCI Financials Index ETF	3.3	8	77	6.0	+6.1
VFH	Vanguard Financials ETF	3.3	9	76	6.0	+6.1
OUSA	ALPS O'Shares U.S. Quality Dividend ETF	3.3	48	37	5.7	+5.8
IYG	iShares US Financial Services ETF	3.3	40	45	5.1	+5.2
SPYV	State Street SPDR Portfolio S&P 500 Value ETF	3.2	4	81	5.7	+5.8
IVE	iShares S&P 500 Value ETF	3.2	18	67	5.6	+5.6
PTF	Invesco Dorsey Wright Technology Momentum ETF	3.1	60	25	-1.0	-1.0
VFMO	Vanguard U.S. Momentum Factor ETF	3.1	13	72	1.8	+1.8
IUSV	iShares Core S&P US Value ETF	3.1	4	81	5.8	+5.9
SDG	iShares MSCI Global Sustainable Development Goals ETF	3.1	49	36	4.6	+4.7
DTEC	ALPS Disruptive Technologies ETF	3.1	50	35	3.5	+3.6
MFVL	Motley Fool Value Factor ETF	3.1	50	35	5.6	+5.7
DFUV	Dimensional US Marketwide Value ETF	3.1	22	63	5.9	+6.0
WCLD	WisdomTree Cloud Computing Fund	3.0	45	40	1.1	+1.2
RSP	Invesco S&P 500 Equal Weight ETF	3.0	20	65	5.9	+6.0
SMOT	VanEck Morningstar SMID Moat ETF	3.0	49	36	6.6	+6.6
TDIV	First Trust NASDAQ Technology Dividend Index Fund	3.0	50	35	4.9	+5.0
DIVS	SmartETFs Dividend Builder ETF	3.0	65	20	4.4	+4.5
EUSA	iShares MSCI USA Equal Weighted ETF	3.0	9	76	5.6	+5.6
DJD	Invesco Dow Jones Industrial Average Dividend ETF	3.0	7	78	6.6	+6.7
SPAM	Themes Cybersecurity ETF	3.0	35	50	1.8	+1.9
WISE	Themes Generative Artificial Intelligence ETF	3.0	35	50	-0.4	-0.3
FLAG	Global X S&P 500 U.S. Market Leaders Top 50 ETF	2.9	29	56	7.4	+7.5
JGRW	Jensen Quality Growth ETF	2.9	57	28	4.3	+4.4
AFOS	ARS Focused Opportunities Strategy ETF	2.9	45	40	2.0	+2.1
JHDV	John Hancock U.S. High Dividend ETF	2.9	34	51	6.0	+6.1
DRIV	Global X Autonomous & Electric Vehicles ETF	2.9	68	17	3.5	+3.6
CTEF	Castellan Targeted Equity ETF	2.9	45	40	2.9	+3.0
VDIG	Vanguard Wellington Dividend Growth Active ETF	2.9	40	45	4.6	+4.7
DVGR	DAC 3D Dividend Growth ETF	2.9	65	20	5.0	+5.1
TDV	ProShares S&P Technology Dividend Aristocrats ETF	2.9	45	40	5.1	+5.2
GSEW	Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	2.9	9	76	5.2	+5.3
RBLD	First Trust Alerian US NextGen Infrastructure ETF	2.9	65	20	4.2	+4.3
EMC	Global X Emerging Markets Great Consumer ETF	2.9	75	10	7.2	+7.2
ABLG	Abacus FCF International Leaders ETF	2.9	59	26	6.7	+6.8
AVSE	Avantis Responsible Emerging Markets Equity ETF	2.9	33	52	6.6	+6.7
GMF	SPDR S&P Emerging Asia Pacific ETF	2.9	49	36	8.5	+8.6
AVEM	Avantis Emerging Markets Equity ETF	2.9	33	52	7.0	+7.0
AGIQ	Sofi Agentic AI ETF	2.9	69	16	6.6	+6.6
RUNN	Running Oak Efficient Growth ETF	2.9	58	27	5.0	+5.1
RJDI	RJ Eagle Dividend Select Income ETF	2.8	55	30	4.6	+4.6
MVAL	VanEck Morningstar Wide Moat Value ETF	2.8	49	36	6.4	+6.5
MINV	Matthews Asia Innovators Active ETF	2.8	79	6	5.8	+5.9
SGRT	SMART Earnings Growth 30 ETF	2.8	59	26	2.5	+2.6
TRFK	Pacer Data and Digital Revolution ETF	2.8	60	25	1.9	+1.9
ABFL	Abacus FCF Leaders ETF	2.8	59	26	4.1	+4.2
OSEA	Harbor International Compounders ETF	2.8	55	30	4.5	+4.6
NETZ	TCW Transform Systems ETF	2.8	75	10	1.5	+1.6
IWR	iShares Russell Midcap ETF	2.8	19	66	5.4	+5.5
FITE	State Street SPDR S&P Kensho Future Security ETF	2.8	45	40	1.1	+1.1
OCEN	IQ Clean Oceans ETF	2.8	45	40	4.7	+4.7
FEOE	First Eagle Overseas Equity ETF	2.8	79	6	6.1	+6.2
JSTC	Adasina Social Justice All Cap Global ETF	2.7	89	-4	4.4	+4.4
SIZE	iShares MSCI USA Size Factor ETF	2.7	15	70	5.6	+5.6
PATN	Pacer Nasdaq International Patent Leaders ETF	2.7	65	20	4.1	+4.2
AKRE	Akre Focus ETF	2.7	106	-21	4.5	+4.6
FTXL	First Trust Nasdaq Semiconductor ETF	2.7	60	25	2.1	+2.2
MBCC	Monarch Blue Chips Core ETF	2.7	125	-40	3.9	+3.9
PSI	Invesco Semiconductors ETF	2.7	57	28	1.7	+1.7
SMHX	VanEck Fabless Semiconductor ETF	2.7	35	50	2.0	+2.1
SHOC	Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF	2.7	40	45	1.9	+1.9
XSD	State Street SPDR S&P Semiconductor ETF	2.7	35	50	2.4	+2.5
BUG	Global X Cybersecurity ETF	2.6	51	34	2.0	+2.1
EZU	iShares MSCI Eurozone ETF	2.6	52	33	5.7	+5.8
IHDG	WisdomTree International Hedged Quality Dividend Growth Fund	2.6	58	27	5.4	+5.5
EUDG	WisdomTree Europe Quality Dividend Growth Fund	2.6	58	27	6.6	+6.7
FEZ	SPDR EURO STOXX 50 ETF	2.6	29	56	5.8	+5.9
HEDJ	WisdomTree Europe Hedged Equity Fund	2.6	58	27	6.2	+6.2
HEZU	iShares Currency Hedged MSCI Eurozone ETF	2.6	53	32	5.5	+5.6
EWQ	iShares MSCI France ETF	2.6	53	32	6.9	+7.0
OEFA	ALPS O�Shares International Developed Quality Dividend ETF	2.6	48	37	4.8	+4.9
IQDG	WisdomTree International Quality Dividend Growth Fund	2.6	42	43	5.8	+5.9
FAD	First Trust Multi Cap Growth AlphaDEX Fund	2.6	64	21	1.4	+1.4
HUSV	First Trust Horizon Managed Volatility Domestic ETF	2.6	70	15	4.8	+4.9
IHAK	iShares Cybersecurity & Tech ETF	2.6	47	38	3.2	+3.3
RW	Rainwater Equity ETF	2.5	125	-40	3.4	+3.5
IXG	iShares Global Financials ETF	2.5	42	43	5.9	+6.0
GINX	SGI Enhanced Global Income ETF	2.5	98	-13	6.5	+6.6
DBEZ	Xtrackers MSCI Eurozone Hedged Equity ETF	2.5	45	40	5.5	+5.6
FTCE	First Trust New Constructs Core Earnings Leaders ETF	2.5	60	25	4.7	+4.8
FCTR	First Trust Lunt U.S. Factor Rotation ETF	2.5	65	20	4.8	+4.9
UMMA	Wahed Dow Jones Islamic World ETF	2.4	65	20	3.6	+3.7
TOLL	Tema Durable Quality ETF	2.4	75	10	3.8	+3.9
AMOM	Qraft AI-Enhanced U.S. Large Cap Momentum ETF	2.4	75	10	2.1	+2.1
HAIL	State Street SPDR S&P Kensho Smart Mobility ETF	2.3	45	40	-1.5	-1.5
RDOG	ALPS REIT Dividend Dogs ETF	2.3	35	50	12.6	+12.7
LGLV	State Street SPDR US Large Cap Low Volatility Index ETF	2.3	12	73	5.8	+5.9
ITAN	Sparkline Intangible Value ETF	2.3	50	35	5.7	+5.7
VFQY	Vanguard U.S. Quality Factor ETF	2.3	13	72	5.4	+5.5
AKAF	The Frontier Economic Fund	2.3	20	65	5.4	+5.5
AUSF	Global X Adaptive U.S. Factor ETF	2.3	27	58	8.1	+8.2
IMCB	iShares Morningstar Mid-Cap ETF	2.3	4	81	5.2	+5.3
UPGD	Invesco Bloomberg Analyst Rating Improvers ETF	2.3	40	45	5.4	+5.5
PKW	Invesco Buyback Achievers ETF	2.2	62	23	7.0	+7.1
STXI	Strive International Developed Markets ETF	2.2	29	56	6.4	+6.4
EASG	Xtrackers MSCI EAFE ESG Leaders Equity ETF	2.2	14	71	5.2	+5.3
VXF	Vanguard Extended Market ETF	2.1	5	80	3.8	+3.9
KNCT	Invesco Next Gen Connectivity ETF	2.1	40	45	2.9	+3.0
KNGZ	First Trust S&P 500 Diversified Dividend Aristocrats ETF	2.1	50	35	8.1	+8.2
PTL	Inspire 500 ETF	2.1	9	76	4.6	+4.7
FMDE	Fidelity Enhanced Mid Cap ETF	2.1	23	62	5.4	+5.5
TAX	Cambria Tax Aware ETF	2.0	49	36	4.2	+4.3
FNY	First Trust Mid Cap Growth AlphaDEX Fund	2.0	70	15	2.3	+2.4
IVSI	Applied Finance IVS International Large ETF	2.0	65	20	5.9	+5.9
ACWX	iShares MSCI ACWI ex U.S. ETF	2.0	34	51	6.3	+6.4
IYF	iShares U.S. Financials ETF	2.0	40	45	5.6	+5.7
VALQ	American Century U.S. Quality Value ETF	2.0	29	56	7.2	+7.2
CGXU	Capital Group International Focus Equity ETF	2.0	54	31	3.8	+3.8
PY	Principal Value ETF	1.9	15	70	6.9	+7.0
ETHO	Etho Climate Leadership U.S. ETF	1.9	47	38	4.1	+4.2
IYJ	iShares U.S. Industrials ETF	1.9	40	45	4.3	+4.4
ISCG	iShares Morningstar Small-Cap Growth ETF	1.9	6	79	2.8	+2.9
SHRY	First Trust Bloomberg Shareholder Yield ETF	1.9	60	25	8.5	+8.6
PABD	iShares Paris-Aligned Climate MSCI World ex USA ETF	1.9	12	73	5.3	+5.4
GXUS	Goldman Sachs MarketBeta Total International Equity ETF	1.9	18	67	6.3	+6.4
WCEO	Hypatia Women CEO ETF	1.9	85	0	4.6	+4.7
SDY	State Street SPDR S&P Dividend ETF	1.9	35	50	6.2	+6.3
FEX	First Trust Large Cap Core AlphaDEX Fund	1.9	59	26	5.1	+5.2
BBEU	JPMorgan BetaBuilders Europe ETF	1.9	9	76	6.3	+6.4
XOEF	iShares S&P 500 ex S&P 100 ETF	1.9	20	65	4.8	+4.9
CFA	VictoryShares US 500 Volatility Wtd ETF	1.9	35	50	5.5	+5.5
CFO	VictoryShares US 500 Enhanced Volatility Wtd ETF	1.9	40	45	5.4	+5.5
AVMC	Avantis U.S. Mid Cap Equity ETF	1.9	18	67	6.3	+6.3
SPHQ	Invesco S&P 500 Quality ETF	1.8	15	70	4.8	+4.9
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	1.8	41	44	5.9	+6.0
QQQJ	Invesco NASDAQ Next Gen 100 ETF	1.8	15	70	4.0	+4.0
ALTL	Pacer Lunt Large Cap Alternator ETF	1.8	60	25	5.0	+5.1
DIHP	Dimensional International High Profitability ETF	1.8	29	56	5.8	+5.9
VTV	Vanguard Value ETF	1.8	4	81	5.7	+5.8
QQXT	First Trust Nasdaq-100 Ex-Technology Sector Index Fund	1.8	60	25	4.4	+4.5
GRNJ	Fundstrat Granny Shots US Small & Mid Cap ETF	1.7	75	10	2.1	+2.1
SNPD	Xtrackers S&P ESG Dividend Aristocrats ETF	1.7	15	70	6.5	+6.5
MNZL	Manzil Russell Halal USA Broad MarketETF	1.7	40	45	3.8	+3.9
BKSE	BNY Mellon US Small Cap Core Equity ETF	1.7	4	81	15.9	+16.0
FLEE	Franklin FTSE Europe ETF	1.7	9	76	6.4	+6.5
BBSC	JPMorgan BetaBuilders U.S. Small Cap Equity ETF	1.7	9	76	3.7	+3.8
IXUS	iShares Core MSCI Total International Stock ETF	1.7	7	78	6.5	+6.6
ERTH	Invesco MSCI Sustainable Future ETF	1.7	62	23	3.5	+3.6
VSDA	VictoryShares Dividend Accelerator ETF	1.7	35	50	6.5	+6.6
VBK	Vanguard Small-Cap Growth ETF	1.7	7	78	1.3	+1.4
VEU	Vanguard FTSE All-World ex-US Index Fund	1.7	4	81	6.7	+6.7
USMF	WisdomTree U.S. Multifactor Fund	1.7	28	57	6.8	+6.9
TEXN	iShares Texas Equity ETF	1.7	20	65	5.0	+5.0
STXV	Strive 1000 Value ETF	1.7	18	67	6.7	+6.8
DBEU	Xtrackers MSCI Europe Hedged Equity ETF	1.7	46	39	5.4	+5.5
TXS	Texas Capital Texas Equity Index ETF	1.7	49	36	4.9	+5.0
DFAX	Dimensional World ex U.S. Core Equity 2 ETF	1.7	30	55	6.3	+6.4
CEFA	Global X S&P Catholic Values Developed ex-US ETF	1.6	35	50	5.6	+5.7
QINT	American Century Quality Diversified International ETF	1.6	39	46	6.6	+6.6
ALRG	Allspring LT Large Core ETF	1.6	28	57	3.5	+3.6
MAGA	Point Bridge America First ETF	1.6	72	13	5.3	+5.4
DOL	WisdomTree International LargeCap Dividend Fund	1.6	48	37	5.5	+5.6
IEV	iShares Europe ETF	1.6	67	18	6.0	+6.1
MDLV	Morgan Dempsey Large Cap Value ETF	1.6	58	27	5.9	+6.0
EIPI	FT Energy Income Partners Enhanced Income ETF	1.6	110	-25	5.4	+5.5
DIVB	iShares Core Dividend ETF	1.6	5	80	6.5	+6.6
MGV	Vanguard Mega Cap Value ETF	1.6	7	78	5.3	+5.4
DIVL	Madison Dividend Value ETF	1.6	65	20	4.9	+5.0
TBG	TBG Dividend Focus ETF	1.6	59	26	6.3	+6.3
IGE	iShares North American Natural Resources ETF	1.6	41	44	5.4	+5.5
FTIF	First Trust Bloomberg Inflation Sensitive Equity ETF	1.6	60	25	7.7	+7.8
IXC	iShares Global Energy ETF	1.6	44	41	6.8	+6.9
EIPX	FT Energy Income Partners Strategy ETF	1.6	95	-10	5.7	+5.8
GXPE	Global X PureCap MSCI Energy ETF	1.6	25	60	6.0	+6.1
VYM	Vanguard High Dividend Yield Index ETF	1.6	6	79	6.2	+6.2
RSPG	Invesco S&P 500 Equal Weight Energy ETF	1.6	40	45	7.8	+7.9
MBOX	Freedom Day Dividend ETF	1.6	39	46	6.7	+6.8
FENY	Fidelity MSCI Energy Index ETF	1.6	8	77	6.2	+6.3
IYE	iShares U.S. Energy ETF	1.6	40	45	6.1	+6.2
XOP	State Street SPDR S&P Oil & Gas Exploration & Production ETF	1.6	35	50	8.9	+8.9
XLE	Energy Select Sector SPDR	1.6	8	77	6.3	+6.3
LYLD	Cambria Large Cap Shareholder Yield ETF	1.6	59	26	7.8	+7.9
EQIN	Columbia US Equity Income ETF	1.6	35	50	6.1	+6.2
DEW	WisdomTree Global High Dividend Fund	1.6	58	27	7.1	+7.2
DRLL	Strive U.S. Energy ETF	1.6	41	44	6.9	+6.9
HDV	iShares Core High Dividend ETF	1.6	8	77	29.3	+29.4
GUNR	FlexShares Morningstar Global Upstream Natural Resources Ind	1.6	46	39	7.5	+7.6
VSMV	VictoryShares US Multi-Factor Minimum Volatility ETF	1.6	35	50	5.9	+6.0
GNR	SPDR S&P Global Natural Resources ETF	1.6	40	45	8.0	+8.1
AVIE	Avantis� Inflation Focused Equity ETF	1.6	25	60	5.8	+5.9
INCE	Franklin Income Equity Focus ETF	1.6	29	56	5.5	+5.6
AIVL	WisdomTree U.S. AI Enhanced Value Fund	1.6	38	47	5.1	+5.2
VDE	Vanguard Energy ETF	1.6	9	76	6.2	+6.3
DURA	VanEck Durable High Dividend ETF	1.6	29	56	6.3	+6.4
FXN	First Trust Energy AlphaDEX Fund	1.6	62	23	9.7	+9.7
LGCF	Themes US Cash Flow Champions ETF	1.6	30	55	6.9	+7.0
FTXN	First Trust Nasdaq Oil & Gas ETF	1.6	60	25	7.8	+7.9
SMRI	Bushido Capital US Equity ETF	1.6	71	14	6.7	+6.8
NBCT	Neuberger Berman Carbon Transition Infrastructure ETF	1.6	55	30	4.8	+4.9
QDIV	Global X S&P 500 Quality Dividend ETF	1.6	20	65	7.6	+7.7
NVIR	Horizon Kinetics Energy and Remediation ETF	1.6	85	0	5.2	+5.3
HAP	VanEck Natural Resources ETF	1.6	50	35	6.4	+6.5
NANR	SPDR S&P North American Natural Resources ETF	1.6	35	50	5.9	+6.0
PWV	Invesco Large Cap Value ETF	1.6	55	30	6.0	+6.1
FTWO	Strive FAANG 2.0 ETF	1.6	49	36	3.9	+3.9
DHS	WisdomTree U.S. High Dividend Fund	1.6	38	47	8.1	+8.2
BKIE	BNY Mellon International Equity ETF	1.6	4	81	17.8	+17.9
IQLT	iShares MSCI Intl Quality Factor ETF	1.6	30	55	5.5	+5.5
VXUS	Vanguard Total International Stock ETF	1.6	5	80	6.6	+6.7
CDIG	City Different Investments Global Equity ETF	1.5	75	10	-1.6	-1.6
ROAM	Hartford Multifactor Emerging Markets ETF	1.5	44	41	7.5	+7.6
NUDV	Nuveen ESG Dividend ETF	1.5	26	59	6.2	+6.2
QQLV	Invesco QQQ Low Volatility ETF	1.5	25	60	4.4	+4.5
FLV	American Century Focused Large Cap Value ETF	1.5	42	43	5.9	+6.0
ZECP	Zacks Earnings Consistent Portfolio ETF	1.5	55	30	4.2	+4.3
POWA	Invesco Bloomberg Pricing Power ETF	1.5	40	45	6.2	+6.2
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	1.5	38	47	6.9	+7.0
JPUS	JPMorgan Diversified Return U.S. Equity ETF	1.5	18	67	6.9	+7.0
NFRA	FlexShares STOXX Global Broad Infrastructure Index Fund	1.5	47	38	5.2	+5.2
APIE	ActivePassive International Equity ETF	1.5	45	40	6.4	+6.5
FRDM	Freedom 100 Emerging Markets ETF	1.5	49	36	5.2	+5.3
ADIV	SmartETFs Asia Pacific Dividend Builder ETF	1.5	78	7	9.4	+9.5
TIIV	AAM Todd International Intrinsic Value ETF	1.5	54	31	9.5	+9.6
EMM	Global X Emerging Markets ex-China ETF	1.5	75	10	4.6	+4.7
AADR	AdvisorShares Dorsey Wright ADR ETF	1.5	110	-25	3.2	+3.3
AVXC	Avantis Emerging Markets Ex-China Equity ETF	1.5	33	52	6.0	+6.1
SPHD	Invesco S&P 500 High Dividend Low Volatility ETF	1.5	30	55	9.0	+9.1
SFGV	Sequoia Global Value ETF	1.4	23	62	7.0	+7.1
IEUR	iShares Core MSCI Europe ETF	1.4	11	74	6.5	+6.6
GXC	SPDR S & P China ETF	1.4	59	26	19.7	+19.8
IWS	iShares Russell Mid-Cap Value ETF	1.4	23	62	6.0	+6.1
VWO	Vanguard FTSE Emerging Markets ETF	1.4	7	78	9.1	+9.2
EQRR	ProShares Equities for Rising Rates ETF	1.4	35	50	5.3	+5.4
HUMN	Roundhill Humanoid Robotics ETF	1.4	75	10	1.5	+1.6
TINY	ProShares Nanotechnology ETF	1.4	58	27	1.5	+1.6
BOTT	Themes Robotics & Automation ETF	1.4	35	50	-5.0	-4.9
IBOT	Vaneck Robotics ETF	1.4	47	38	3.4	+3.5
BOTZ	Global X Robotics & Artificial Intelligence ETF	1.4	69	16	2.1	+2.2
MAKX	ProShares S&P Kensho Smart Factories ETF	1.4	58	27	1.2	+1.3
TINT	ProShares Smart Materials ETF	1.4	58	27	5.9	+6.0
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastructure	1.4	58	27	3.7	+3.8
SPEM	SPDR Portfolio Emerging Markets ETF	1.4	7	78	9.4	+9.5
SAMT	Strategas Macro Thematic Opportunities ETF	1.4	65	20	2.6	+2.7
MOTI	VanEck Morningstar International Moat ETF	1.4	58	27	10.3	+10.4
GSEE	Goldman Sachs MarketBeta Emerging Markets Equity ETF	1.4	36	49	7.6	+7.6
ESGE	iShares ESG Aware MSCI EM ETF	1.4	25	60	8.1	+8.2
EMCR	Xtrackers Emerging Markets Carbon Reduction and Climate Impr	1.4	15	70	8.9	+9.0
CGRO	CoreValues Alpha Greater China Growth ETF	1.4	75	10	5.8	+5.9
MCHI	iShares MSCI China ETF	1.4	59	26	21.4	+21.5
EMXF	iShares ESG Advanced MSCI EM ETF	1.4	16	69	6.5	+6.6
BKEM	BNY Mellon Emerging Markets Equity ETF	1.4	11	74	24.2	+24.3
DFAE	Dimensional Emerging Core Equity Market ETF	1.4	35	50	6.9	+7.0
EMGF	iShares Emerging Markets Equity Factor ETF	1.4	25	60	8.8	+8.9
JEMA	JPMorgan ActiveBuilders Emerging Markets Equity ETF	1.4	33	52	6.7	+6.8
RNEM	First Trust Emerging Markets Equity Select ETF	1.4	75	10	8.0	+8.0
EMDV	ProShares MSCI Emerging Markets Dividend Growers ETF	1.4	60	25	6.7	+6.7
AAXJ	iShares MSCI All Country Asia ex Japan ETF	1.4	70	15	6.9	+6.9
FNDE	Schwab Fundamental Emerging Markets Large Co. Index ETF	1.4	39	46	13.2	+13.3
GEM	Goldman Sachs ActiveBeta Emerging Markets Equity ETF	1.4	45	40	8.0	+8.1
FTCS	First Trust Capital Strength ETF	1.4	55	30	5.7	+5.8
BBEM	JPMorgan BetaBuilders Emerging Markets Equity ETF	1.4	15	70	8.0	+8.1
BKF	iShares MSCI BIC ETF	1.4	69	16	15.3	+15.3
JCHI	JPMorgan Active China ETF	1.4	65	20	16.3	+16.3
SCHE	Schwab Emerging Markets Equity ETF	1.4	11	74	9.4	+9.4
JADE	JPMorgan Active Developing Markets Equity ETF	1.4	65	20	5.9	+6.0
MCH	Matthews China Active ETF	1.4	79	6	15.3	+15.4
EMQQ	EMQQ The Emerging Markets Internet & Ecommerce ETF	1.4	86	-1	14.2	+14.3
FDEM	Fidelity Emerging Markets Multifactor ETF	1.4	25	60	10.5	+10.6
FLCH	Franklin FTSE China ETF	1.4	19	66	19.1	+19.2
DEHP	Dimensional Emerging Markets High Profitability ETF	1.4	41	44	4.8	+4.9
QLVE	FlexShares Emerging Markets Quality Low Volatility Index Fun	1.4	40	45	6.2	+6.2
EEM	iShares MSCI Emerging Markets ETF	1.4	69	16	7.8	+7.9
KWEB	KraneShares CSI China Internet ETF	1.4	69	16	28.3	+28.3
MEM	Matthews Emerging Markets Equity Active ETF	1.4	79	6	8.7	+8.7
PXH	Invesco FTSE RAFI Emerging Markets ETF	1.4	49	36	13.0	+13.1
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	1.4	41	44	6.8	+6.9
KEMQ	KraneShares Emerging Markets Consumer Technology Index ETF	1.4	60	25	9.3	+9.4
RAYE	Rayliant Quantamental Emerging Market ex-China Equity ETF	1.4	88	-3	8.5	+8.6
CQQQ	Invesco China Technology ETF	1.4	70	15	17.5	+17.6
DBEM	Xtrackers MSCI Emerging Markets Hedged Equity ETF	1.4	66	19	7.3	+7.4
EEMX	SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF	1.4	30	55	7.9	+7.9
JHEM	John Hancock Multifactor Emerging Markets ETF	1.4	49	36	7.4	+7.5
SPVU	Invesco S&P 500 Enhanced Value ETF	1.4	13	72	8.5	+8.6
FLAX	Franklin FTSE Asia Ex Japan ETF	1.4	19	66	7.0	+7.1
LDEM	iShares ESG MSCI EM Leaders ETF	1.4	17	68	12.7	+12.8
EEMA	iShares MSCI Emerging Markets Asia ETF	1.4	49	36	7.4	+7.5
KTEC	KraneShares Hang Seng TECH Index ETF	1.4	69	16	24.3	+24.4
IEMG	iShares Core MSCI Emerging Markets ETF	1.4	9	76	8.1	+8.2
NUEM	Nuveen ESG Emerging Markets Equity ETF	1.4	36	49	5.8	+5.9
AIA	iShares Asia 50 ETF	1.4	50	35	7.5	+7.6
CXSE	WisdomTree China ex-State-Owned Enterprises Fund	1.4	32	53	15.3	+15.4
XSOE	WisdomTree Emerging Markets ex-State-Owned Enterprises Fund	1.4	32	53	7.5	+7.6
FXI	iShares China Large-Cap ETF	1.4	74	11	21.8	+21.9
EMMF	WisdomTree Emerging Markets Multifactor Fund	1.4	48	37	8.5	+8.6
TCHI	iShares MSCI China Multisector Tech ETF	1.4	59	26	15.3	+15.4
HEEM	iShares Currency Hedged MSCI Emerging Markets ETF	1.4	69	16	7.6	+7.7
SPEU	SPDR Portfolio Europe ETF	1.4	7	78	6.6	+6.7
BFOR	ALPS Barron's 400 ETF	1.4	65	20	22.0	+22.1
IDEV	iShares Core MSCI International Developed Markets ETF	1.4	4	81	6.0	+6.1
EQAL	Invesco Russell 1000 Equal Weight ETF	1.4	20	65	6.2	+6.3
JHSC	John Hancock Multifactor Small Cap ETF	1.4	42	43	6.2	+6.3
DWM	WisdomTree International Equity Fund	1.3	48	37	5.6	+5.7
SCHF	Schwab International Equity ETF	1.3	6	79	5.9	+6.0
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	1.3	35	50	11.2	+11.3
SPDG	State Street SPDR Portfolio S&P Sector Neutral Dividend ETF	1.3	5	80	7.6	+7.7
DTAN	Sparkline International Intangible Value ETF	1.3	55	30	7.1	+7.2
FICS	First Trust International Developed Capital Strength ETF	1.3	70	15	6.9	+7.0
KXI	iShares Global Consumer Staples ETF	1.3	41	44	5.5	+5.6
ROBO	ROBO Global Robotics & Automation Index ETF	1.3	95	-10	2.5	+2.6
DDWM	WisdomTree Dynamic Currency Hedged International Equity Fund	1.3	40	45	5.7	+5.8
ARB	AltShares Merger Arbitrage ETF	1.3	77	8	2.7	+2.8
FINE	Themes European Luxury ETF	1.3	35	50	3.8	+3.8
RXI	iShares Global Consumer Discretionary ETF	1.3	41	44	8.9	+9.0
TLTE	FlexShares Morningstar Emerging Markets Factor Tilt Index	1.3	59	26	8.5	+8.6
BMVP	Invesco Bloomberg MVP Multi-factor ETF	1.3	29	56	6.7	+6.8
CLNR	IQ Cleaner Transport ETF	1.3	45	40	4.0	+4.1
SNPV	Xtrackers S&P 500 Value ESG ETF	1.3	15	70	5.4	+5.5
SPDW	SPDR Portfolio Developed World ex-US ETF	1.2	3	82	5.8	+5.9
GSEU	Goldman Sachs ActiveBeta Europe Equity ETF	1.2	25	60	6.4	+6.5
ISCB	iShares Morningstar Small-Cap ETF	1.2	4	81	5.4	+5.5
ACSG	American Century Small Cap Growth Insights ETF	1.2	49	36	4.9	+5.0
GRPZ	Invesco S&P SmallCap 600 GARP ETF	1.2	35	50	6.0	+6.1
QEFA	SPDR MSCI EAFE StrategicFactors ETF	1.2	30	55	6.0	+6.1
GSID	Goldman Sachs MarketBeta International Equity ETF	1.2	20	65	5.8	+5.9
DIVD	Altrius Global Dividend ETF Altrius Global Divid ETF	1.2	49	36	7.8	+7.9
ESML	iShares ESG Aware MSCI USA Small-Cap ETF	1.2	17	68	5.0	+5.1
COWG	Pacer US Large Cap Cash Cows Growth Leaders ETF	1.1	49	36	4.6	+4.7
EAFG	Pacer Developed Markets Cash Cows Growth Leaders ETF	1.1	65	20	4.2	+4.3
VFMF	Vanguard U.S. Multifactor ETF	1.1	18	67	6.4	+6.4
BKMC	BNY Mellon US Mid Cap Core Equity ETF	1.1	4	81	17.5	+17.6
IMFL	Invesco International Developed Dynamic Multifactor ETF	1.1	34	51	5.2	+5.3
FNX	First Trust Mid Cap Core AlphaDEX Fund	1.1	60	25	6.4	+6.5
RNIN	Bushido Capital US SMID Cap Equity ETF	1.1	70	15	9.4	+9.5
IWO	iShares Russell 2000 Growth ETF	1.1	24	61	0.5	+0.6
RCGE	RockCreek Global Equality ETF	1.1	95	-10	6.1	+6.1
IYC	iShares U.S. Consumer Discretionary ETF	1.1	40	45	4.0	+4.0
EFAX	SPDR MSCI EAFE Fossil Fuel Reserves Free ETF	1.1	20	65	5.6	+5.7
IQSM	IQ Candriam U.S. Mid Cap Equity ETF	1.1	15	70	5.1	+5.2
STXM	Strive Mid-Cap ETF	1.1	18	67	6.0	+6.1
BBMC	JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	1.1	7	78	5.4	+5.5
IWM	iShares Russell 2000 ETF	1.1	19	66	2.7	+2.7
RSSL	Global X Russell 2000 ETF	1.1	8	77	2.7	+2.8
DBEF	Xtrackers MSCI EAFE Hedged Equity ETF	1.1	36	49	5.2	+5.3
DEUS	Xtrackers Russell US Multifactor ETF	1.1	17	68	6.6	+6.7
VTWO	Vanguard Russell 2000 ETF	1.1	7	78	2.8	+2.9
SYLD	Cambria Shareholder Yield ETF	1.1	59	26	9.9	+10.0
HEFA	iShares Currency Hedged MSCI EAFE ETF	1.0	35	50	5.7	+5.8
EFG	iShares MSCI EAFE Growth ETF	1.0	36	49	3.9	+4.0
EFV	iShares MSCI EAFE Value ETF	1.0	34	51	7.4	+7.4
EFA	iShares MSCI EAFE ETF	1.0	35	50	5.7	+5.8
VEA	Vanguard FTSE Developed Markets ETF	1.0	3	82	5.9	+6.0
SMMD	iShares Russell 2500 ETF	1.0	15	70	5.6	+5.7
JHMM	John Hancock Multifactor Mid Cap ETF	1.0	42	43	5.6	+5.7
FLQM	Franklin U.S. Mid Cap Multifactor Index ETF	1.0	30	55	7.7	+7.8
FFTY	Innovator IBD 50 ETF	1.0	80	5	0.1	+0.2
IWN	iShares Russell 2000 Value ETF	1.0	24	61	4.7	+4.8
DFSI	Dimensional International Sustainability Core 1 ETF	1.0	24	61	5.6	+5.7
DVY	iShares Select Dividend ETF	1.0	38	47	8.1	+8.2
CDL	VictoryShares US Large Cap High Dividend Volatility Wtd ETF	1.0	35	50	7.0	+7.1
CDC	VictoryShares US EQ Income Enhanced Volatility Wtd ETF	1.0	38	47	7.0	+7.0
LCTD	BlackRock World ex U.S. Carbon Transition Readiness ETF	1.0	20	65	5.6	+5.7
RPV	Invesco S&P 500 Pure Value ETF	1.0	35	50	8.5	+8.6
AVIV	Avantis International Large Cap Value ETF	1.0	25	60	6.8	+6.9
HFXI	IQ FTSE International Equity Currency Neutral ETF	1.0	20	65	5.6	+5.7
VGK	Vanguard FTSE Europe ETF	0.9	6	79	6.7	+6.7
VTWV	Vanguard Russell 2000 Value ETF	0.9	10	75	4.8	+4.9
XSVM	Invesco S&P SmallCap Value with Momentum ETF	0.9	36	49	8.3	+8.4
VTWG	Vanguard Russell 2000 Growth ETF	0.9	10	75	0.7	+0.8
GSSC	Goldman Sachs Activebeta U.S. Small Cap Equity ETF	0.9	20	65	4.0	+4.1
IBUY	Amplify Online Retail ETF	0.9	65	20	2.4	+2.5
JIRE	JPMorgan International Research Enhanced Equity ETF	0.9	24	61	5.7	+5.8
ESGD	iShares ESG Aware MSCI EAFE ETF	0.9	20	65	5.7	+5.8
VB	Vanguard Small-Cap ETF	0.9	5	80	5.3	+5.4
DFAI	Dimensional International Core Equity Market ETF	0.9	18	67	6.0	+6.1
DIVI	Franklin International Core Dividend Tilt Index ETF	0.9	9	76	6.5	+6.6
FYC	First Trust Small Cap Growth AlphaDEX Fund	0.9	71	14	-0.6	-0.5
PALC	Pacer Lunt Large Cap Multi-Factor Alternator ETF	0.9	60	25	6.3	+6.4
SPLV	Invesco S&P 500 Low Volatility ETF	0.9	25	60	5.3	+5.3
IEFA	iShares Core MSCI EAFE ETF	0.9	7	78	6.0	+6.1
BINV	Brandes International ETF	0.9	70	15	8.4	+8.5
PRXV	Praxis Impact Large Cap Value ETF	0.9	36	49	5.4	+5.5
AVSD	Avantis Responsible International Equity ETF	0.9	23	62	5.9	+6.0
ULVM	VictoryShares US Value Momentum ETF	0.8	20	65	6.2	+6.2
IGRO	iShares International Dividend Growth ETF	0.8	15	70	6.7	+6.7
GSIE	Goldman Sachs ActiveBeta International Equity ETF	0.8	25	60	6.1	+6.2
TMFX	Motley Fool Next Index ETF	0.8	50	35	2.8	+2.9
PDP	Invesco Dorsey Wright Momentum ETF	0.8	62	23	1.7	+1.8
EZM	WisdomTree U.S. MidCap Fund	0.8	38	47	8.2	+8.2
ONEO	State Street SPDR Russell 1000 Momentum Focus ETF	0.8	20	65	6.1	+6.2
FTA	First Trust Large Cap Value AlphaDEX Fund	0.8	59	26	7.6	+7.7
JHMD	John Hancock Multifactor Developed International ETF	0.8	39	46	6.2	+6.3
WLDR	Affinity World Leaders Equity ETF	0.8	67	18	5.5	+5.6
INTF	iShares International Equity Factor ETF	0.8	15	70	6.4	+6.5
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	0.7	30	55	7.4	+7.5
DWAS	Invesco Dorsey Wright SmallCap Momentum ETF	0.7	60	25	-0.9	-0.8
QNXT	iShares Nasdaq-100 ex Top 30 ETF	0.7	20	65	4.3	+4.3
TLTD	FlexShares Morningstar Developed Markets ex-US Factor Tilt	0.7	39	46	6.9	+7.0
NUSC	Nuveen ESG Small-Cap ETF	0.7	31	54	5.0	+5.1
DIVG	Invesco S&P 500 High Dividend Growers ETF	0.7	39	46	7.3	+7.4
WSML	iShares MSCI World Small-Cap ETF	0.7	15	70	5.4	+5.5
IQSI	IQ Candriam International Equity ETF	0.7	15	70	5.6	+5.7
FESM	Fidelity Enhanced Small Cap ETF	0.7	28	57	2.3	+2.3
USVM	VictoryShares US Small Mid Cap Value Momentum ETF	0.7	25	60	7.8	+7.9
EES	WisdomTree U.S. SmallCap Fund	0.6	38	47	7.8	+7.9
VSGX	Vanguard ESG International Stock ETF	0.6	10	75	6.5	+6.6
PID	Invesco International Dividend Achievers ETF	0.6	53	32	4.3	+4.4
UEVM	VictoryShares Emerging Markets Value Momentum ETF	0.6	45	40	9.7	+9.7
TPLE	Timothy Plan Us Large/Mid Cap Core Enhanced ETF	0.6	58	27	5.2	+5.3
IQDF	FlexShares International Quality Dividend Index Fund	0.6	47	38	7.4	+7.5
AVDE	Avantis International Equity ETF	0.6	23	62	6.2	+6.2
FRGN	Horizon International Equity ETF	0.6	75	10	7.8	+7.9
FPX	First Trust US Equity Opportunities ETF	0.6	61	24	0.9	+0.9
EFAV	iShares MSCI EAFE Min Vol Factor ETF	0.6	22	63	5.6	+5.7
STXK	Strive Small-Cap ETF	0.6	18	67	5.3	+5.4
SCHM	Schwab U.S. Mid-Cap ETF	0.6	4	81	5.9	+6.0
AVMV	Avantis U.S. Mid Cap Value ETF	0.6	20	65	7.6	+7.7
FNDF	Schwab Fundamental International Large Co. Index ETF	0.5	25	60	7.2	+7.3
PXF	Invesco FTSE RAFI Developed Markets ex-U.S. ETF	0.5	45	40	6.6	+6.7
ISCV	iShares Morningstar Small Cap Value ETF	0.5	6	79	7.7	+7.8
MCDS	JPMorgan Fundamental Data Science Mid Core ETF	0.5	35	50	5.0	+5.1
SLYG	State Street SPDR S&P 600 Small Cap Growth ETF	0.5	15	70	3.8	+3.9
BLES	Inspire Global Hope ETF	0.5	61	24	5.8	+5.8
IJT	iShares S&P Small-Cap 600 Growth ETF	0.5	18	67	3.8	+3.9
XJR	iShares ESG Screened S&P Small-Cap ETF	0.5	12	73	6.3	+6.4
JMEE	JPMorgan Market Expansion Enhanced Equity ETF	0.5	24	61	6.1	+6.2
DFIC	Dimensional International Core Equity 2 ETF	0.4	23	62	6.2	+6.3
NIXT	Research Affiliates Deletions ETF	0.4	9	76	6.2	+6.3
VOE	Vanguard Mid-Cap Value ETF	0.4	7	78	6.8	+6.8
DFAS	Dimensional U.S. Small Cap ETF	0.4	26	59	5.6	+5.7
VIOO	Vanguard S&P Small-Cap 600 ETF	0.4	7	78	6.3	+6.4
IJR	iShares Core S&P Small Cap ETF	0.4	6	79	6.4	+6.5
SPSM	State Street SPDR Portfolio S&P 600 Small Cap ETF	0.4	3	82	6.5	+6.6
FVD	First Trust Value Line Dividend Index Fund	0.4	65	20	5.8	+5.9
FAB	First Trust Multi Cap Value AlphaDEX Fund	0.4	67	18	8.6	+8.6
VIOG	Vanguard S&P Small-Cap 600 Growth ETF	0.4	10	75	3.8	+3.8
VFVA	Vanguard U.S. Value Factor ETF	0.4	13	72	9.0	+9.0
FYX	First Trust Small Cap Core AlphaDEX Fund	0.4	61	24	5.3	+5.4
CSA	VictoryShares US Small Cap Volatility Wtd ETF	0.4	35	50	6.8	+6.9
JPME	JPMorgan Diversified Return U.S. Mid Cap Equity ETF	0.4	24	61	7.3	+7.4
FXO	First Trust Financials AlphaDEX Fund	0.4	62	23	8.0	+8.0
FNDA	Schwab Fundamental US Small Co. Index ETF	0.4	25	60	6.3	+6.3
VIOV	Vanguard S&P Small-Cap 600 Value ETF	0.4	10	75	9.0	+9.1
IJS	iShares S&P Small-Cap 600 Value ETF	0.4	18	67	9.0	+9.1
SLYV	State Street SPDR S&P 600 Small Cap Value ETF	0.4	15	70	9.0	+9.1
QVMS	Invesco S&P SmallCap 600 QVM Multi-factor ETF	0.4	15	70	6.3	+6.4
VBR	Vanguard Small Cap Value ETF	0.4	7	78	8.0	+8.0
IQDY	FlexShares International Quality Dividend Dynamic Index Fund	0.4	47	38	7.2	+7.3
DFAT	Dimensional U.S. Targeted Value ETF	0.3	28	57	8.6	+8.7
SMLF	iShares U.S. SmallCap Equity Factor ETF	0.3	15	70	5.0	+5.1
FLDZ	RiverNorth Patriot ETF	0.3	75	10	6.3	+6.3
MFEM	PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF	0.3	50	35	8.0	+8.1
DXIV	Dimensional International Vector Equity ETF	0.3	34	51	6.5	+6.5
TPLC	Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	0.3	52	33	5.1	+5.2
JSML	Janus Henderson Small Cap Growth Alpha ETF	0.3	30	55	2.8	+2.9
SCHA	Schwab U.S. Small-Cap ETF	0.3	4	81	4.4	+4.5
GVLU	Gotham 1000 Value ETF	0.3	50	35	8.1	+8.1
SCDS	JPMorgan Fundamental Data Science Small Core ETF	0.3	40	45	3.7	+3.8
FXD	First Trust Consumer Discretionary AlphaDEX Fund	0.3	61	24	8.5	+8.6
AVSC	Avantis U.S Small Cap Equity ETF	0.2	25	60	4.6	+4.7
PRFZ	Invesco FTSE RAFI US 1500 Small-Mid ETF	0.2	39	46	2.2	+2.3
SMMV	iShares MSCI USA Small-Cap Min Vol Factor ETF	0.2	20	65	5.8	+5.8
FENI	Fidelity Enhanced International ETF	0.2	28	57	5.8	+5.8
EEMV	iShares MSCI Emerging Markets Min Vol Factor ETF	0.2	25	60	5.9	+6.0
SCHV	Schwab U.S. Large-Cap Value ETF	0.2	4	81	5.7	+5.7
FSMD	Fidelity Small-Mid Multifactor ETF	0.2	15	70	6.7	+6.8
RWJ	Invesco S&P SmallCap 600 Revenue ETF	0.2	39	46	7.4	+7.4
QLVD	FlexShares Developed Markets ex-US Quality Low Volatility In	0.1	32	53	5.3	+5.4
IWC	iShares Micro-Cap ETF	0.1	60	25	-1.3	-1.3
AVDS	Avantis International Small Cap Equity ETF	0.1	30	55	5.9	+6.0
DBSC	Deepwater Beachfront Small Cap ETF	0.1	85	0	1.2	+1.3
FLQS	Franklin U.S. Small Cap Multifactor Index ETF	0.1	35	50	6.1	+6.1
MGMT	Ballast Small/Mid Cap ETF	0.1	110	-25	7.7	+7.8
OMFS	Invesco Russell 2000 Dynamic Multifactor ETF	0.1	39	46	3.6	+3.7
CCNR	ALPS CoreCommodity Natural Resources ETF	0.1	39	46	8.1	+8.1
SMDX	Intech S&P Small-Mid Cap Divers Alp ETF	0.1	35	50	6.6	+6.7
MFDX	PIMCO RAFI Dynamic Multi-Factor International Equity ETF	0.1	39	46	6.2	+6.3
EWX	SPDR S&P Emerging Markets Small Cap ETF	0.0	65	20	6.6	+6.7
BCDF	Horizon Kinetics Blockchain Development ETF	0.0	85	0	3.8	+3.8
SCHC	Schwab International Small-Cap Equity ETF	0.0	11	74	6.5	+6.6
VSS	Vanguard FTSE All-World ex-US Small-Cap ETF	0.0	8	77	6.3	+6.4
SCZ	iShares MSCI EAFE Small-Cap ETF	0.0	40	45	6.1	+6.2
IPAC	iShares Core MSCI Pacific ETF	0.0	9	76	5.3	+5.4
DEEF	Xtrackers FTSE Developed ex US Multifactor ETF	0.0	24	61	6.9	+7.0
VPL	Vanguard FTSE Pacific ETF	0.0	7	78	5.0	+5.1
TEKX	SPDR Galaxy Transformative Tech Accelerators ETF	0.0	65	20	0.0	+0.1

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%.

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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

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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:	Bitwise Web3 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	5.1	%
Divided by: Fwd. P/BV	6.6	x
Less: Expense ratio	85	bp
Equals: ALTAR Score	-0.1	%

More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS

COMPOSITE RATING	1.53	CATEGORY AVERAGE	1.57

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.