ETF Research Center

SPDR S&P Global Natural Resources ETF

ALTAR
Score™

8.2%

Recommen-
dation

SPECULATIVE

2025E 2026E
P/E ratio	17.7x	P/Sales ratio	1.2x
P/BV ratio	1.7x	Div. yield	2.8%

Description
Performance
Comps
Fundamentals
Valuation
Rating

SPDR S&P Global Natural Resources ETF is an exchanged-traded fund incorporated in the United States. The Fund seeks to track the performance of the S&P Global Natural Resources Index which tracks the global natural resources and commodities businesses.

FUND BASICS
Category	Global Equities
Fund Sponsor	SSGA Funds Management Inc
Website	www.spdrs.com
Inception date	Sep 13, 2010
Assets (mns)	$4,832
Currency	USD
Expense ratio	40 bp
Distributions	Semi-annual

FUND STRUCTURE
Regulation	Open-Ended Fund
Custodian	State Street Bank & Trust
Weighting	Tiered
Index replication	Full
Uses derivatives	No
Options available	Yes

SECTOR BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	91
Wgt avg mkt cap (mns)	$81,924
Large cap (>$10bn)	86.2%
Mid cap ($2-10bn)	12.2%
Small cap (<$2bn)	0.0%
Developed mkts	90.7%
Emerging mkts	8.9%

TOP TEN HOLDINGS
Total	35.9 %
SHELL PLC	5.2 %
EXXON MOBIL CORP	4.9 %
NUTRIEN LTD.	4.5 %
BHP BILLITON LTD	4.4 %
TOTAL SA	3.6 %
NEWMONT MINING CORP	3.0 %
CHEVRON CORP	2.7 %
CORTEVA INC	2.6 %
UPM-KYMMENE OYJ	2.5 %
AGNICO-EAGLE MINES LTD	2.5 %

TOP COUNTRY EXPOSURE
	UNITED STATES	32.0 %
	CANADA	17.6 %
	BRITAIN	8.7 %
	AUSTRALIA	7.7 %
	FINLAND	3.8 %
	FRANCE	3.6 %
	BRAZIL	3.3 %
	NORWAY	2.7 %
	SWITZERLAND	2.5 %
	INDIA	1.9 %

HISTORICAL PERFORMANCE info

	Custom date range	Compare to
	thru

Standardized Annual Returns (thru March 31)
Year-to-date	1 year	5 years	10 years	Since Incep.
20.2%	44.5%	12.3%	11.6%	5.7%

Market Correlations
versus...	Beta	R-squared
S&P500	0.73	45%
MSCI EAFE	0.88	56%
MSCI Emg. Mkts.	0.73	50%

Technical Indicators
Recent close	$73.94
30d moving avg.	$73.74
Annualized volatility	16.0%
Short interest (ETF)	0.5%
Relative strength (RSI)	55

Liquidity measures
Avg. volume (thou.)	237,400
Turnover	363.3%
Bid/Ask (% of price)	0.10%
ADV underlying (mns)	$10,773

Distributions

FINDING ALTERNATIVE FUNDS

Below is a list of 1043 potential alternatives to the SPDR S&P Global Natural Resources ETF ETF based on the alternatives' overlap in portfolio holdings with GNR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker:

GNR

Expense:

40 bp

ALTAR Score™:

8.2%

ALTERNATIVE ETFs BASED ON OVERLAP WITH GNR
Ticker	Fund Name	Overlap¹ vs GNR (%)	Expense ratio (bp)	Savings vs GNR (bp)	ALTAR Score™ (%)	ALTAR vs GNR (%)
NANR	SPDR S&P North American Natural Resources ETF	46.1	35	5	6.1	-2.0
HAP	VanEck Natural Resources ETF	36.1	50	-10	6.5	-1.6
IXC	iShares Global Energy ETF	34.1	44	-4	7.3	-0.9
MXI	iShares Global Materials ETF	32.6	41	-1	5.8	-2.4
FTWO	Strive FAANG 2.0 ETF	31.3	49	-9	3.8	-4.4
GCOW	Pacer Global Cash Cows Dividend ETF	21.2	60	-20	9.1	+1.0
IGE	iShares North American Natural Resources ETF	20.8	41	-1	5.6	-2.6
AVIE	Avantis� Inflation Focused Equity ETF	20.7	25	15	6.1	-2.0
JIVE	JPMorgan International Value ETF	20.2	55	-15	8.4	+0.3
CCNR	ALPS CoreCommodity Natural Resources ETF	17.8	39	1	7.9	-0.3
DFLV	Dimensional US Large Cap Value ETF	15.6	22	18	6.3	-1.9
PICK	iShares MSCI Global Metals & Mining Producers ETF	15.3	39	1	7.9	-0.3
VEGI	iShares MSCI Agriculture Producers ETF	15.0	39	1	7.5	-0.7
FMAT	Fidelity MSCI Materials Index ETF	14.8	8	32	4.8	-3.3
VAW	Vanguard Materials ETF	14.8	9	31	4.9	-3.3
DIVL	Madison Dividend Value ETF	14.7	65	-25	4.7	-3.5
LGCF	Themes US Cash Flow Champions ETF	14.5	30	10	7.4	-0.8
ICOP	iShares Copper and Metals Mining ETF	14.4	47	-7	5.5	-2.7
SPVU	Invesco S&P 500 Enhanced Value ETF	14.3	13	27	8.6	+0.5
FNDF	Schwab Fundamental International Large Co. Index ETF	14.1	25	15	7.6	-0.6
XLB	Materials Select Sector SPDR	13.9	8	32	5.3	-2.9
FENY	Fidelity MSCI Energy Index ETF	13.5	8	32	6.8	-1.4
IYE	iShares U.S. Energy ETF	13.5	40	0	6.7	-1.5
VDE	Vanguard Energy ETF	13.5	9	31	6.8	-1.4
XLE	Energy Select Sector SPDR	13.5	8	32	6.9	-1.2
GXPE	Global X PureCap MSCI Energy ETF	13.5	25	15	6.6	-1.5
FTXN	First Trust Nasdaq Oil & Gas ETF	13.3	60	-20	8.6	+0.5
EWC	iShares MSCI Canada ETF	13.3	50	-10	5.1	-3.1
RSPG	Invesco S&P 500 Equal Weight Energy ETF	13.1	40	0	8.3	+0.1
ICOW	Pacer Developed Markets International Cash Cows 100 ETF	13.0	65	-25	7.7	-0.4
DFUV	Dimensional US Marketwide Value ETF	12.9	22	18	6.3	-1.9
RSPM	Invesco S&P 500 Equal Weight Materials ETF	12.9	40	0	5.4	-2.7
USCF	Themes US Cash Flow Champions ETF	12.8	29	11	7.7	-0.5
FTIF	First Trust Bloomberg Inflation Sensitive Equity ETF	12.7	60	-20	7.7	-0.5
TEXN	iShares Texas Equity ETF	12.7	20	20	5.1	-3.0
PALC	Pacer Lunt Large Cap Multi-Factor Alternator ETF	12.3	60	-20	6.2	-2.0
DRLL	Strive U.S. Energy ETF	12.2	41	-1	7.9	-0.3
DEW	WisdomTree Global High Dividend Fund	12.2	58	-18	7.3	-0.8
RFDI	First Trust Riverfront Dynamic Developed International ETF	12.0	83	-43	7.7	-0.4
CUT	Invesco MSCI Global Timber ETF	11.9	61	-21	8.4	+0.2
STXV	Strive 1000 Value ETF	11.8	18	22	7.0	-1.2
EQIN	Columbia US Equity Income ETF	11.5	35	5	6.3	-1.9
ONEY	State Street SPDR Russell 1000 Yield Focus ETF	11.4	20	20	8.7	+0.6
PYZ	Invesco Dorsey Wright Basic Materials Momentum ETF	11.2	60	-20	3.9	-4.3
FTRI	First Trust Indxx Global Natural Resources Income ETF	11.2	70	-30	6.3	-1.9
IVRA	Invesco Real Assets ESG ETF	11.1	59	-19	6.2	-2.0
FTAG	First Trust Indxx Global Agriculture ETF	10.9	70	-30	6.9	-1.3
FDL	First Trust Morningstar Dividend Leaders Index Fund	10.8	45	-5	9.1	+0.9
COPX	Global X Copper Miners ETF	10.7	65	-25	4.2	-4.0
DGRW	WisdomTree US Quality Dividend Growth Fund	10.5	28	12	5.0	-3.2
MAGA	Point Bridge America First ETF	10.5	72	-32	5.2	-3.0
DHS	WisdomTree U.S. High Dividend Fund	10.5	38	2	8.2	+0.0
MOO	VanEck Agribusiness ETF	10.4	53	-13	8.7	+0.6
HDEF	Xtrackers MSCI EAFE High Dividend Yield Equity ETF	10.4	9	31	7.6	-0.6
IYM	iShares U.S. Basic Materials ETF	10.4	40	0	4.4	-3.8
EQRR	ProShares Equities for Rising Rates ETF	10.3	35	5	5.9	-2.2
HDV	iShares Core High Dividend ETF	10.3	8	32	6.0	-2.2
COWZ	Pacer US Cash Cows 100 ETF	10.3	49	-9	7.8	-0.4
QQWZ	Pacer Cash COWZ 100-Nasdaq100 Rotator ETF	10.3	49	-9	7.8	-0.4
WOOD	iShares Global Timber & Forestry ETF	10.2	42	-2	11.3	+3.1
DLN	WisdomTree U.S. LargeCap Dividend Fund	10.2	28	12	5.5	-2.7
FNDX	Schwab Fundamental US Large Co. Index ETF	10.1	25	15	6.4	-1.8
FCTR	First Trust Lunt U.S. Factor Rotation ETF	10.1	65	-25	4.8	-3.3
EFV	iShares MSCI EAFE Value ETF	10.1	34	6	7.6	-0.6
DURA	VanEck Durable High Dividend ETF	10.1	29	11	6.4	-1.7
TPHE	Timothy Plan High Dividend Stock Enhanced ETF	10.1	54	-14	5.8	-2.4
FXZ	First Trust Materials AlphaDEX Fund	10.0	61	-21	6.7	-1.5
COPA	Themes Copper Miners ETF	9.9	35	5	3.2	-5.0
PWV	Invesco Large Cap Value ETF	9.9	55	-15	6.4	-1.8
PXF	Invesco FTSE RAFI Developed Markets ex-U.S. ETF	9.8	45	-5	6.9	-1.3
FLGB	Franklin FTSE United Kingdom ETF	9.7	9	31	6.7	-1.5
PXI	Invesco Dorsey Wright Energy Momentum ETF	9.7	60	-20	5.2	-3.0
NVIR	Horizon Kinetics Energy and Remediation ETF	9.6	85	-45	5.0	-3.2
XOP	State Street SPDR S&P Oil & Gas Exploration & Production ETF	9.6	35	5	9.9	+1.7
SGDM	Sprott Gold Miners ETF	9.5	50	-10	2.5	-5.7
EWU	iShares MSCI United Kingdom ETF	9.5	50	-10	7.1	-1.1
VYM	Vanguard High Dividend Yield Index ETF	9.5	6	34	6.1	-2.1
SZNE	Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF	9.5	60	-20	4.8	-3.4
FNDB	Schwab Fundamental US Broad Market Index ETF	9.5	25	15	6.3	-1.9
IMCV	iShares Morningstar Mid-Cap Value ETF	9.5	6	34	7.1	-1.1
TPHD	Timothy Plan High Dividend Stock ETF	9.5	52	-12	6.0	-2.2
FRGN	Horizon International Equity ETF	9.4	75	-35	8.0	-0.2
LVHI	Franklin International Low Volatility High Dividend Index ET	9.4	40	0	7.5	-0.6
FXN	First Trust Energy AlphaDEX Fund	9.3	62	-22	10.3	+2.1
DTD	WisdomTree U.S. Total Dividend Fund	9.3	28	12	5.7	-2.4
VOE	Vanguard Mid-Cap Value ETF	9.3	7	33	6.8	-1.4
IUS	Invesco RAFI Strategic US ETF	9.3	19	21	5.8	-2.4
FTA	First Trust Large Cap Value AlphaDEX Fund	9.2	59	-19	7.7	-0.5
DFIV	Dimensional International Value ETF	9.2	27	13	7.9	-0.3
VLU	State Street SPDR S&P 1500 Value Tilt ETF	9.2	12	28	6.3	-1.9
ABLD	Abacus FCF Real Assets Leaders ETF	9.1	69	-29	6.2	-2.0
EV	Mast Global Battery Recycling & Production ETF	9.1	65	-25	6.3	-1.9
BBCA	JPMorgan BetaBuilders Canada ETF	8.9	19	21	5.4	-2.8
FLCA	Franklin FTSE Canada ETF	8.9	9	31	5.4	-2.7
IVLU	iShares MSCI Intl Value Factor ETF	8.8	30	10	8.2	+0.1
PTL	Inspire 500 ETF	8.8	9	31	4.4	-3.8
SCHY	Schwab International Dividend Equity ETF	8.7	14	26	8.3	+0.1
FYLD	Cambria Foreign Shareholder Yield ETF	8.7	59	-19	10.2	+2.0
VFLO	VictoryShares Free Cash Flow ETF	8.6	39	1	7.9	-0.3
VTV	Vanguard Value ETF	8.6	4	36	6.0	-2.2
FEGE	First Eagle Global Equity ETF	8.6	79	-39	6.0	-2.2
FBCV	Fidelity Blue Chip Value ETF	8.5	59	-19	5.9	-2.3
DIVB	iShares Core Dividend ETF	8.4	5	35	7.4	-0.8
STXI	Strive International Developed Markets ETF	8.3	29	11	6.2	-2.0
LYLD	Cambria Large Cap Shareholder Yield ETF	8.3	59	-19	8.4	+0.2
IQLT	iShares MSCI Intl Quality Factor ETF	8.2	30	10	5.4	-2.8
SURE	AdvisorShares Insiders Advantage ETF	8.2	90	-50	8.0	-0.2
ACEP	ARS Core Equity ETF	8.1	45	-5	4.2	-4.0
REVS	Columbia Research Enhanced Value ETF	8.1	19	21	6.8	-1.4
JPUS	JPMorgan Diversified Return U.S. Equity ETF	8.1	18	22	6.8	-1.3
RING	iShares MSCI Global Gold Miners ETF	8.0	39	1	3.0	-5.2
IMCB	iShares Morningstar Mid-Cap ETF	8.0	4	36	5.3	-2.9
DVY	iShares Select Dividend ETF	8.0	38	2	8.2	+0.0
DFVX	Dimensional US Large Cap Vector ETF	8.0	22	18	5.3	-2.9
LVDS	JPMorgan Fundamental Data Science Large Value ETF	8.0	49	-9	5.1	-3.1
VUSV	Vanguard Wellington U.S. Value Active ETF	7.9	30	10	5.8	-2.4
BATT	Amplify Lithium & Battery Technology ETF	7.9	59	-19	1.7	-6.4
RPV	Invesco S&P 500 Pure Value ETF	7.9	35	5	9.1	+0.9
VOOV	Vanguard S&P 500 Value ETF	7.9	7	33	5.7	-2.5
BLES	Inspire Global Hope ETF	7.9	61	-21	5.7	-2.4
EBI	Longview Advantage ETF	7.8	35	5	6.0	-2.2
INEQ	Columbia International Equity Income ETF	7.8	45	-5	7.8	-0.4
SPYV	State Street SPDR Portfolio S&P 500 Value ETF	7.8	4	36	5.7	-2.4
IVE	iShares S&P 500 Value ETF	7.8	18	22	5.6	-2.6
VYMI	Vanguard International High Dividend Yield ETF	7.8	17	23	8.0	-0.1
AGMI	Themes Silver Miners ETF	7.7	35	5	3.6	-4.6
AVLV	Avantis U.S. Large Cap Value ETF	7.7	15	25	5.9	-2.3
DTH	WisdomTree International High Dividend Fund	7.7	58	-18	7.3	-0.9
TXS	Texas Capital Texas Equity Index ETF	7.6	49	-9	5.0	-3.1
EPP	iShares MSCI Pacific ex-Japan ETF	7.6	47	-7	4.9	-3.3
CDL	VictoryShares US Large Cap High Dividend Volatility Wtd ETF	7.6	35	5	7.0	-1.2
BBAX	JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF	7.6	19	21	5.3	-2.9
CDC	VictoryShares US EQ Income Enhanced Volatility Wtd ETF	7.6	38	2	6.9	-1.2
VFVA	Vanguard U.S. Value Factor ETF	7.6	13	27	9.5	+1.3
MBOX	Freedom Day Dividend ETF	7.5	39	1	6.9	-1.2
IUSV	iShares Core S&P US Value ETF	7.5	4	36	5.9	-2.3
WTV	WisdomTree US Value Fund of Benef Interest	7.5	12	28	7.9	-0.2
VO	Vanguard Mid-Cap ETF	7.5	4	36	21.3	+13.1
AIVI	WisdomTree International AI Enhanced Value Fund	7.5	58	-18	6.3	-1.9
INTF	iShares International Equity Factor ETF	7.5	15	25	6.5	-1.7
WWJD	Inspire International ETF	7.5	80	-40	6.2	-2.0
WOMN	Impact Shares YWCA Women's Empowerment ETF	7.4	75	-35	4.9	-3.3
FDT	First Trust Developed Markets ex-US AlphaDEX Fund	7.4	80	-40	6.7	-1.5
IPKW	Invesco International BuyBack Achievers ETF	7.4	55	-15	8.1	-0.1
SLVP	iShares MSCI Global Silver Miners ETF	7.4	39	1	3.6	-4.6
IWD	iShares Russell 1000 Value ETF	7.4	19	21	5.5	-2.7
ECML	Euclidean Fundamental Value ETF	7.4	95	-55	8.8	+0.7
QEFA	SPDR MSCI EAFE StrategicFactors ETF	7.4	30	10	6.0	-2.1
NBCT	Neuberger Berman Carbon Transition Infrastructure ETF	7.4	55	-15	4.7	-3.4
VONV	Vanguard Russell 1000 Value ETF	7.4	7	33	5.6	-2.6
SCHV	Schwab U.S. Large-Cap Value ETF	7.4	4	36	5.8	-2.4
EWA	iShares MSCI Australia ETF	7.4	50	-10	5.2	-3.0
FLAU	Franklin FTSE Australia ETF	7.4	9	31	5.7	-2.4
EIPX	FT Energy Income Partners Strategy ETF	7.3	95	-55	5.8	-2.4
ONEO	State Street SPDR Russell 1000 Momentum Focus ETF	7.3	20	20	6.1	-2.1
QDIV	Global X S&P 500 Quality Dividend ETF	7.3	20	20	7.9	-0.2
MFMO	Motley Fool Momentum Factor ETF	7.3	50	-10	2.1	-6.1
RWL	Invesco S&P 500 Revenue ETF	7.3	39	1	5.9	-2.3
EQAL	Invesco Russell 1000 Equal Weight ETF	7.3	20	20	6.1	-2.1
IWX	iShares Russell Top 200 Value ETF	7.2	20	20	5.2	-3.0
PRF	Invesco FTSE RAFI US 1000 ETF	7.2	34	6	5.8	-2.4
EUSC	WisdomTree Europe Hedged SmallCap Equity Fund	7.2	58	-18	7.4	-0.8
AKAF	The Frontier Economic Fund	7.2	20	20	5.1	-3.1
MFVL	Motley Fool Value Factor ETF	7.2	50	-10	5.8	-2.4
FUNL	CornerCap Fundametrics Large-Cap ETF	7.2	50	-10	6.2	-2.0
SSPY	Syntax Stratified LargeCap ETF	7.2	30	10	6.1	-2.1
XME	State Street SPDR S&P Metals & Mining ETF	7.1	35	5	5.0	-3.2
MDLV	Morgan Dempsey Large Cap Value ETF	7.0	58	-18	5.9	-2.2
TPLE	Timothy Plan Us Large/Mid Cap Core Enhanced ETF	7.0	58	-18	4.9	-3.2
XOEF	iShares S&P 500 ex S&P 100 ETF	7.0	20	20	4.7	-3.5
FEX	First Trust Large Cap Core AlphaDEX Fund	7.0	59	-19	5.1	-3.1
TPLC	Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	7.0	52	-12	4.9	-3.3
DGT	State Street SPDR Global Dow ETF	6.9	50	-10	5.8	-2.4
GEW	Cambria Global EW ETF	6.9	29	11	5.4	-2.8
UMMA	Wahed Dow Jones Islamic World ETF	6.8	65	-25	3.7	-4.5
QARP	Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	6.8	19	21	5.1	-3.1
IWS	iShares Russell Mid-Cap Value ETF	6.8	23	17	6.1	-2.0
MGV	Vanguard Mega Cap Value ETF	6.8	7	33	5.6	-2.6
CRTC	Xtrackers US National Critical Technologies ETF	6.8	35	5	4.2	-4.0
CWI	SPDR MSCI ACWI ex-US ETF	6.8	30	10	6.5	-1.7
VSDA	VictoryShares Dividend Accelerator ETF	6.7	35	5	6.5	-1.7
FKU	First Trust United Kingdom AlphaDEX Fund	6.7	80	-40	7.1	-1.0
LIVR	Intelligent Livermore ETF	6.7	69	-29	2.9	-5.3
GOAU	U.S. Global GO GOLD and Precious Metal Miners ETF	6.6	60	-20	1.9	-6.3
SIZE	iShares MSCI USA Size Factor ETF	6.6	15	25	5.5	-2.7
ILCV	iShares Morningstar Value ETF	6.6	4	36	5.4	-2.7
HLAL	Wahed FTSE USA Shariah ETF	6.6	50	-10	3.7	-4.4
SCHF	Schwab International Equity ETF	6.5	6	34	6.0	-2.1
IDOG	ALPS International Sector Dividend Dogs ETF	6.5	50	-10	9.2	+1.0
AIVL	WisdomTree U.S. AI Enhanced Value Fund	6.5	38	2	5.3	-2.9
IDEV	iShares Core MSCI International Developed Markets ETF	6.5	4	36	6.0	-2.2
AVIV	Avantis International Large Cap Value ETF	6.5	25	15	7.0	-1.2
EVUS	iShares ESG Aware MSCI USA Value ETF	6.4	18	22	5.7	-2.5
IQDF	FlexShares International Quality Dividend Index Fund	6.4	47	-7	7.6	-0.6
TTAI	FCF International Quality ETF	6.4	59	-19	6.7	-1.5
SCHD	Schwab US Dividend Equity ETF	6.4	6	34	8.3	+0.1
DIVI	Franklin International Core Dividend Tilt Index ETF	6.4	9	31	6.6	-1.6
FEP	First Trust Europe AlphaDEX Fund	6.4	80	-40	6.8	-1.4
IEV	iShares Europe ETF	6.3	67	-27	5.8	-2.3
DVYA	iShares Asia/Pacific Dividend ETF	6.3	49	-9	6.9	-1.3
DIVN	Horizon Dividend Income ETF	6.3	70	-30	6.6	-1.6
AFOS	ARS Focused Opportunities Strategy ETF	6.2	45	-5	2.0	-6.1
SPDW	SPDR Portfolio Developed World ex-US ETF	6.2	3	37	5.9	-2.3
AVMV	Avantis U.S. Mid Cap Value ETF	6.2	20	20	7.3	-0.9
FAB	First Trust Multi Cap Value AlphaDEX Fund	6.2	67	-27	8.7	+0.5
JPME	JPMorgan Diversified Return U.S. Mid Cap Equity ETF	6.2	24	16	7.1	-1.0
CEFA	Global X S&P Catholic Values Developed ex-US ETF	6.2	35	5	5.7	-2.5
GVUS	Marketbeta Russell 1000 Value Equity ETF	6.1	12	28	5.6	-2.6
IWR	iShares Russell Midcap ETF	6.1	19	21	5.4	-2.8
IVSI	Applied Finance IVS International LrgETF	6.1	65	-25	6.1	-2.1
PRXV	Praxis Impact Large Cap Value ETF	6.1	36	4	5.7	-2.5
SNPD	Xtrackers S&P ESG Dividend Aristocrats ETF	6.1	15	25	6.4	-1.8
CSTK	Invesco Comstock Contrarian Equity ETF	6.1	35	5	6.0	-2.1
FEOE	First Eagle Overseas Equity ETF	6.1	79	-39	6.2	-2.0
VEA	Vanguard FTSE Developed Markets ETF	6.0	3	37	6.0	-2.2
BBLU	EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF	6.0	15	25	4.3	-3.9
DGRO	iShares Core Dividend Growth ETF	6.0	8	32	5.6	-2.5
SYLD	Cambria Shareholder Yield ETF	6.0	59	-19	10.3	+2.1
FIVA	Fidelity International Value Factor ETF	5.9	18	22	7.5	-0.6
IDV	iShares International Select Dividend ETF	5.8	51	-11	9.0	+0.8
SPMV	Invesco S&P 500 Minimum Variance ETF	5.8	10	30	5.2	-3.0
DEUS	Xtrackers Russell US Multifactor ETF	5.8	17	23	6.5	-1.7
EUSA	iShares MSCI USA Equal Weighted ETF	5.8	9	31	5.6	-2.6
SDY	State Street SPDR S&P Dividend ETF	5.7	35	5	6.1	-2.1
XMAG	Defiance Large Cap ex-Mag 7 ETF	5.7	35	5	4.4	-3.7
UIVM	VictoryShares International Value Momentum ETF	5.7	35	5	8.3	+0.1
TPIF	Timothy Plan International ETF	5.7	62	-22	5.5	-2.7
SLX	VanEck Steel ETF	5.7	56	-16	10.6	+2.4
ULVM	VictoryShares US Value Momentum ETF	5.7	20	20	6.3	-1.9
FTXG	First Trust Nasdaq Food & Beverage ETF	5.7	60	-20	7.7	-0.5
IYK	iShares U.S. Consumer Staples ETF	5.7	40	0	6.0	-2.2
IMTM	iShares MSCI Intl Momentum Factor ETF	5.7	30	10	4.7	-3.5
MTUM	iShares MSCI USA Momentum Factor ETF	5.7	15	25	2.5	-5.7
QWLD	SPDR MSCI World StrategicFactors ETF	5.7	30	10	5.2	-3.0
GINX	SGI Enhanced Global Income ETF	5.7	98	-58	6.8	-1.4
EFA	iShares MSCI EAFE ETF	5.6	35	5	5.8	-2.4
EFAV	iShares MSCI EAFE Min Vol Factor ETF	5.6	22	18	5.6	-2.6
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ETF	5.6	7	33	10.4	+2.2
ABEQ	Absolute Select Value ETF	5.6	85	-45	4.4	-3.8
IEUR	iShares Core MSCI Europe ETF	5.6	11	29	6.3	-1.8
FTDS	First Trust Dividend Strength ETF	5.6	70	-30	7.0	-1.2
DGLO	First Trust RBA Deglobalization ETF	5.6	70	-30	5.4	-2.8
DOL	WisdomTree International LargeCap Dividend Fund	5.5	48	-8	5.7	-2.5
SDOG	ALPS Sector Dividend Dogs ETF	5.5	36	4	8.5	+0.4
RSP	Invesco S&P 500 Equal Weight ETF	5.5	20	20	6.0	-2.2
CZA	Invesco Zacks Mid-Cap ETF	5.4	72	-32	5.9	-2.2
TIME	Clockwise Core Equity & Innovation ETF	5.4	95	-55	2.1	-6.1
VGK	Vanguard FTSE Europe ETF	5.4	6	34	6.5	-1.6
DFAI	Dimensional International Core Equity Market ETF	5.4	18	22	6.0	-2.1
VLUE	iShares MSCI USA Value Factor ETF	5.4	15	25	7.2	-1.0
YLDE	ClearBridge Dividend Strategy ESG ETF	5.4	60	-20	5.1	-3.1
NACP	Impact Shares NAACP Minority Empowerment ETF	5.4	49	-9	3.9	-4.3
QLV	FlexShares US Quality Low Volatility Index Fund	5.3	22	18	5.0	-3.1
PKW	Invesco Buyback Achievers ETF	5.3	62	-22	7.3	-0.9
AFLG	First Trust Active Factor Large Cap ETF	5.3	55	-15	5.0	-3.1
PIEL	Pacer International Export Leaders ETF	5.3	60	-20	4.3	-3.9
DIVD	Altrius Global Dividend ETF Altrius Global Divid ETF	5.3	49	-9	8.0	-0.2
ACWX	iShares MSCI ACWI ex U.S. ETF	5.3	34	6	6.4	-1.8
INFL	Horizon Kinetics Inflation Beneficiaries ETF	5.3	85	-45	2.6	-5.5
JHMD	John Hancock Multifactor Developed International ETF	5.3	39	1	6.2	-2.0
GSEW	Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	5.3	9	31	5.3	-2.9
BKIE	BNY Mellon International Equity ETF	5.3	4	36	6.0	-2.2
TOK	iShares MSCI Kokusai ETF	5.2	26	14	4.3	-3.8
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	5.2	35	5	5.4	-2.8
ESGD	iShares ESG Aware MSCI EAFE ETF	5.2	20	20	5.8	-2.4
CBSE	Clough Select Equity ETF	5.2	85	-45	0.4	-7.8
AUAU	Global X Gold Miners ETF	5.1	35	5	2.3	-5.9
GMET	VanEck Green Metals ETF	5.1	63	-23	0.3	-7.9
QUS	State Street SPDR MSCI USA StrategicFactors ETF	5.1	15	25	5.1	-3.1
SGLC	SGI U.S. Large Cap Core ETF	5.1	85	-45	3.7	-4.4
MFUS	PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	5.1	29	11	5.7	-2.5
VWID	Virtus WMC International Dividend ETF	5.1	49	-9	7.2	-0.9
FFTY	Innovator IBD 50 ETF	5.1	80	-40	-0.0	-8.2
EPS	WisdomTree U.S. LargeCap Fund	5.1	8	32	4.8	-3.4
SFGV	Sequoia Global Value ETF	5.0	23	17	7.2	-1.0
SPDV	AAM S&P 500 High Dividend Value ETF	5.0	29	11	11.1	+2.9
WBAT	WisdomTree Battery Value Chain and Innovation Fund	5.0	45	-5	-0.9	-9.1
VEU	Vanguard FTSE All-World ex-US Index Fund	5.0	4	36	6.7	-1.4
URTH	iShares MSCI World ETF	4.9	24	16	4.4	-3.8
AUMI	Themes Gold Miners ETF	4.9	35	5	2.8	-5.4
BBEU	JPMorgan BetaBuilders Europe ETF	4.9	9	31	6.2	-2.0
PPIE	Putnam PanAgora ESG International Equity ETF	4.9	49	-9	6.5	-1.7
IEFA	iShares Core MSCI EAFE ETF	4.9	7	33	6.1	-2.1
KROP	Global X AgTech & Food Innovation ETF	4.9	50	-10	6.8	-1.4
DSPY	Tema S&P 500 Historical Weight ETF	4.9	18	22	4.5	-3.7
JIRE	JPMorgan International Research Enhanced Equity ETF	4.9	24	16	5.9	-2.3
EIPI	FT Energy Income Partners Enhanced Income ETF	4.8	110	-70	5.3	-2.9
DFAC	Dimensional U.S. Core Equity 2 ETF	4.8	17	23	4.7	-3.4
BIBL	Inspire 100 ETF	4.8	35	5	4.2	-4.0
DCOR	Dimensional US Core Equity 1 ETF	4.8	14	26	4.6	-3.5
CFA	VictoryShares US 500 Volatility Wtd ETF	4.8	35	5	5.3	-2.9
CFO	VictoryShares US 500 Enhanced Volatility Wtd ETF	4.8	40	0	5.3	-2.9
SPUS	SP Funds S&P 500 Sharia Industry Exclusions ETF	4.8	45	-5	3.7	-4.5
FELV	Fidelity Enhanced Large Cap Value ETF	4.8	18	22	5.8	-2.4
IOO	iShares Global 100 ETF	4.8	41	-1	3.9	-4.3
VRAI	Virtus Real Asset Income ETF	4.7	55	-15	8.4	+0.2
FCFY	First Trust S&P 500 Diversified Free Cash Flow ETF	4.7	60	-20	9.8	+1.6
SPXT	ProShares S&P 500 Ex-Technology ETF	4.7	9	31	4.9	-3.3
FIDI	Fidelity International High Dividend ETF	4.7	18	22	7.1	-1.0
FEZ	SPDR EURO STOXX 50 ETF	4.7	29	11	5.8	-2.4
SPGM	SPDR Portfolio MSCI Global Stock Market ETF	4.7	9	31	4.9	-3.3
AVMC	Avantis U.S. Mid Cap Equity ETF	4.7	18	22	6.0	-2.2
BGIG	Bahl & Gaynor Income Growth ETF	4.7	45	-5	4.5	-3.6
FDEV	Fidelity International Multifactor ETF	4.7	18	22	7.1	-1.0
TOPC	iShares S&P 500 3% Capped ETF	4.7	15	25	4.4	-3.8
DBEU	Xtrackers MSCI Europe Hedged Equity ETF	4.7	46	-6	5.6	-2.6
FLEE	Franklin FTSE Europe ETF	4.7	9	31	6.3	-1.9
JPIN	J.P. Morgan Diversified Return International Equity ETF	4.6	37	3	7.0	-1.1
DXUV	Dimensional US Vector Equity ETF	4.6	28	12	5.3	-2.9
TBG	TBG Dividend Focus ETF	4.6	59	-19	6.4	-1.8
AVUS	Avantis U.S. Equity ETF	4.6	15	25	4.8	-3.4
LCTD	BlackRock World ex U.S. Carbon Transition Readiness ETF	4.6	20	20	5.6	-2.6
SPEU	SPDR Portfolio Europe ETF	4.6	7	33	6.4	-1.7
RVRB	Reverb ETF	4.6	30	10	4.0	-4.1
FDVV	Fidelity High Dividend ETF	4.6	15	25	6.8	-1.4
QVAL	Alpha Architect US Quantitative Value ETF	4.6	39	1	9.5	+1.3
IXUS	iShares Core MSCI Total International Stock ETF	4.6	7	33	6.6	-1.6
IQDY	FlexShares International Quality Dividend Dynamic Index Fund	4.6	47	-7	7.3	-0.8
ION	ProShares S&P Global Core Battery Metals ETF	4.6	58	-18	4.8	-3.3
VSMV	VictoryShares US Multi-Factor Minimum Volatility ETF	4.5	35	5	5.8	-2.4
STOX	Horizon Core Equity ETF	4.5	70	-30	3.6	-4.6
SFTY	Horizon Managed Risk ETF	4.5	77	-37	3.5	-4.7
GDX	VanEck Gold Miners ETF	4.5	51	-11	2.5	-5.7
YALL	God Bless America ETF	4.5	65	-25	4.2	-4.0
CGDG	Capital Group Dividend Growers ETF	4.5	47	-7	5.1	-3.0
CIL	VictoryShares International Volatility Wtd ETF	4.5	45	-5	5.8	-2.4
DBEF	Xtrackers MSCI EAFE Hedged Equity ETF	4.5	36	4	5.5	-2.7
GSID	Goldman Sachs MarketBeta International Equity ETF	4.5	20	20	5.9	-2.3
SHRY	First Trust Bloomberg Shareholder Yield ETF	4.5	60	-20	8.5	+0.3
AGQI	First Trust Active Global Quality Income ETF	4.5	85	-45	6.5	-1.6
VXUS	Vanguard Total International Stock ETF	4.4	5	35	6.6	-1.5
ACWI	iShares MSCI ACWI ETF	4.4	32	8	4.7	-3.5
SMOT	VanEck Morningstar SMID Moat ETF	4.4	49	-9	6.5	-1.7
NDIV	Amplify Natural Resources Dividend Income ETF	4.4	59	-19	11.0	+2.8
DWX	SPDR S&P International Dividend ETF	4.4	45	-5	6.8	-1.4
MFDX	PIMCO RAFI Dynamic Multi-Factor International Equity ETF	4.4	39	1	6.2	-2.0
SHE	State Street SPDR MSCI USA Gender Diversity ETF	4.3	20	20	4.5	-3.7
HFXI	IQ FTSE International Equity Currency Neutral ETF	4.3	20	20	5.8	-2.4
RBLD	First Trust Alerian US NextGen Infrastructure ETF	4.3	65	-25	3.8	-4.4
GOP	Unusual Whales Subversive Republican Trading ETF	4.3	50	-10	4.3	-3.9
DIVG	Invesco S&P 500 High Dividend Growers ETF	4.3	39	1	7.5	-0.7
OTGL	OTG Latin America ETF	4.3	269	-229	7.2	-0.9
GSPY	Gotham Enhanced 500 ETF	4.3	50	-10	4.5	-3.7
COWG	Pacer US Large Cap Cash Cows Growth Leaders ETF	4.3	49	-9	4.6	-3.6
IVAL	Alpha Architect International Quantitative Value ETF	4.2	49	-9	7.8	-0.4
DAK	Dakota Active Equity ETF	4.2	43	-3	3.8	-4.4
IEO	iShares U.S. Oil & Gas Exploration & Production ETF	4.2	40	0	9.9	+1.7
RODM	Hartford Multifactor Developed Markets (ex-US) ETF	4.2	29	11	7.0	-1.2
EWQ	iShares MSCI France ETF	4.2	53	-13	6.5	-1.7
DSTX	Distillate International Fundamental Stability & Value ETF	4.2	55	-15	6.5	-1.7
NUMV	Nuveen ESG Mid-Cap Value ETF	4.2	31	9	5.7	-2.5
EZU	iShares MSCI Eurozone ETF	4.2	52	-12	5.7	-2.5
PBJ	Invesco Food & Beverage ETF	4.1	57	-17	7.5	-0.7
RECS	Columbia Research Enhanced Core ETF	4.1	15	25	5.3	-2.8
ANEW	ProShares MSCI Transformational Changes ETF	4.1	45	-5	4.5	-3.7
DFAU	Dimensional US Core Equity Market ETF	4.1	12	28	4.3	-3.8
CVAR	Cultivar ETF	4.1	87	-47	7.0	-1.2
RAUS	RACWI US ETF	4.1	15	25	4.2	-4.0
GLOF	iShares Global Equity Factor ETF	4.1	20	20	5.6	-2.5
IDHQ	Invesco S&P International Developed High Quality ETF	4.0	29	11	5.5	-2.7
FENI	Fidelity Enhanced International ETF	4.0	28	12	5.8	-2.3
KLMN	Invesco MSCI North America Climate ETF	4.0	9	31	4.3	-3.8
TMDV	ProShares Russell US Dividend Growers ETF	4.0	35	5	6.3	-1.9
INRO	iShares U.S. Industry Rotation Active ETF	4.0	42	-2	3.6	-4.6
DDWM	WisdomTree Dynamic Currency Hedged International Equity Fund	4.0	40	0	5.7	-2.5
VT	Vanguard Total World Stock ETF	4.0	6	34	5.1	-3.1
USMV	iShares MSCI USA Min Vol Factor ETF	4.0	15	25	5.3	-2.9
FEUZ	First Trust Eurozone AlphaDEX ETF	4.0	80	-40	6.5	-1.7
KOKU	Xtrackers MSCI Kokusai Equity ETF	4.0	9	31	4.4	-3.7
ABFL	Abacus FCF Leaders ETF	4.0	59	-19	3.8	-4.4
IPAC	iShares Core MSCI Pacific ETF	4.0	9	31	5.6	-2.6
VOO	Vanguard S&P 500 ETF	4.0	3	37	4.3	-3.9
CATH	Global X S&P 500 Catholic Values Custom ETF	4.0	29	11	4.0	-4.1
DWM	WisdomTree International Equity Fund	3.9	48	-8	5.6	-2.5
ONEV	State Street SPDR Russell 1000 Low Volatility Focus ETF	3.9	20	20	7.4	-0.8
DVND	Touchstone Dividend Select ETF	3.9	67	-27	5.3	-2.8
JHML	John Hancock Multifactor Large Cap ETF	3.9	29	11	4.5	-3.6
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	3.9	41	-1	6.1	-2.1
MNZL	Manzil Russell Halal USA Broad MarketETF	3.9	40	0	3.9	-4.2
COPY	Tweedy, Browne Insider + Value ETF	3.9	80	-40	15.1	+6.9
ESGG	FlexShares STOXX Global ESG Select Index Fund	3.9	42	-2	4.2	-4.0
SPY	SPDR S&P 500 ETF	3.9	9	31	4.2	-4.0
FGD	First Trust Dow Jones Global Select Dividend Index Fund	3.9	56	-16	9.8	+1.6
SPYM	State Street SPDR Portfolio S&P 500 ETF	3.9	2	38	4.3	-3.9
GXLC	Global X U.S. 500 ETF	3.9	2	38	4.1	-4.1
CHRI	Global X S&P 500 Christian Values ETF	3.9	29	11	4.0	-4.2
IVV	iShares Core S&P 500 ETF	3.9	3	37	4.3	-3.9
STRV	Strive 500 ETF	3.9	5	35	4.2	-4.0
DXIV	Dimensional International Vector Equity ETF	3.9	34	6	6.6	-1.6
LVHD	Franklin U.S. Low Volatility High Dividend Index ETF	3.9	27	13	6.5	-1.7
DIHP	Dimensional International High Profitability ETF	3.8	29	11	5.7	-2.5
OEI	Optimized Equity Income ETF	3.8	75	-35	3.5	-4.7
FCPI	Fidelity Stocks for Inflation ETF	3.8	15	25	5.8	-2.4
VV	Vanguard Large-Cap ETF	3.8	4	36	4.2	-4.0
EFNL	iShares MSCI Finland ETF	3.8	56	-16	5.7	-2.5
BINV	Brandes International ETF	3.8	70	-30	8.6	+0.4
GSEU	Goldman Sachs ActiveBeta Europe Equity ETF	3.8	25	15	6.3	-1.8
ILCB	iShares Morningstar U.S. Equity ETF	3.8	3	37	4.2	-4.0
QINT	American Century Quality Diversified International ETF	3.8	39	1	6.6	-1.6
ADME	Aptus Drawdown Managed Equity ETF	3.8	79	-39	3.4	-4.8
PFM	Invesco Dividend Achievers ETF	3.8	53	-13	4.7	-3.5
TOV	JLens 500 Jewish Advocacy U.S. ETF	3.8	18	22	4.0	-4.2
USMC	Principal U.S. Mega-Cap ETF	3.8	12	28	3.6	-4.5
ICPY	Tweedy, Browne International Insider Value ETF	3.8	80	-40	21.9	+13.7
IWB	iShares Russell 1000 ETF	3.8	15	25	4.2	-4.0
VONE	Vanguard Russell 1000 ETF	3.8	7	33	4.3	-3.9
DIVY	Sound Equity Dividend Income ETF	3.7	45	-5	8.2	+0.0
VIG	Vanguard Dividend Appreciation ETF	3.7	5	35	5.0	-3.2
GVLU	Gotham 1000 Value ETF	3.7	50	-10	8.2	+0.0
SPHD	Invesco S&P 500 High Dividend Low Volatility ETF	3.7	30	10	8.9	+0.8
GXUS	Goldman Sachs MarketBeta Total International Equity ETF	3.7	18	22	6.4	-1.8
KLMT	Invesco MSCI Global Climate 500 ETF	3.7	10	30	5.0	-3.2
DFUS	Dimensional U.S. Equity ETF	3.7	9	31	4.1	-4.0
IYY	iShares Dow Jones U.S. ETF	3.7	20	20	4.1	-4.1
SPTM	State Street SPDR Portfolio S&P 1500 Composite Stock Market	3.7	3	37	4.4	-3.8
ESG	FlexShares Trust FlexShares STOXX US ESG Select Index Fund	3.7	32	8	4.1	-4.1
JQUA	JPMorgan U.S. Quality Factor ETF	3.7	12	28	5.1	-3.1
SCHX	Schwab U.S. Large-Cap ETF	3.7	3	37	4.3	-3.9
JAVA	JPMorgan Active Value ETF	3.7	44	-4	5.6	-2.6
GSIE	Goldman Sachs ActiveBeta International Equity ETF	3.7	25	15	6.2	-2.0
TLTD	FlexShares Morningstar Developed Markets ex-US Factor Tilt	3.7	39	1	7.0	-1.1
GPT	Intelligent Alpha Atlas ETF	3.7	69	-29	6.0	-2.1
SPXN	ProShares S&P 500 Ex-Financials ETF	3.6	9	31	4.0	-4.1
BKCI	BNY Mellon Concentrated International ETF	3.6	80	-40	4.9	-3.3
SPDG	State Street SPDR Portfolio S&P Sector Neutral Dividend ETF	3.6	5	35	7.6	-0.6
APUE	ActivePassive U.S. Equity ETF	3.6	45	-5	4.0	-4.2
JHMM	John Hancock Multifactor Mid Cap ETF	3.6	42	-2	5.4	-2.7
SCHK	Schwab 1000 Index ETF	3.6	5	35	4.3	-3.9
IWV	iShares Russell 3000 ETF	3.6	20	20	4.1	-4.1
VTI	Vanguard Total Stock Market ETF	3.6	3	37	4.2	-4.0
FFLC	Fidelity Fundamental Large Cap Core ETF	3.6	38	2	3.8	-4.3
VTHR	Vanguard Russell 3000 ETF	3.6	7	33	4.2	-4.0
VFMF	Vanguard U.S. Multifactor ETF	3.6	18	22	6.7	-1.5
PRAY	FIS Christian Stock Fund	3.5	69	-29	3.9	-4.3
WLDR	Affinity World Leaders Equity ETF	3.5	67	-27	6.3	-1.8
VNSE	Natixis Vaughan Nelson Select ETF	3.5	80	-40	3.3	-4.9
USCL	iShares Climate Conscious & Transition MSCI USA ETF	3.5	8	32	4.4	-3.8
DFIC	Dimensional International Core Equity 2 ETF	3.5	23	17	6.2	-1.9
ITOT	iShares Core S&P Total U.S. Stock Market ETF	3.5	3	37	4.2	-4.0
FPA	First Trust Asia Pacific ex-Japan AlphaDEX Fund	3.5	80	-40	7.0	-1.1
QVML	Invesco S&P 500 QVM Multi-factor ETF	3.5	11	29	4.4	-3.8
KOCG	FIS Knights of Columbus Global Belief ETF	3.5	75	-35	4.4	-3.8
PEY	Invesco High Yield Equity Dividend Achievers ETF	3.5	52	-12	9.2	+1.0
SETM	Sprott Energy Transition Materials ETF	3.5	65	-25	1.5	-6.7
SCHB	Schwab U.S. Broad Market ETF	3.5	3	37	4.3	-3.9
AIEQ	AI Powered Equity ETF	3.5	75	-35	3.7	-4.5
SWP	SWP Growth & Income ETF	3.5	99	-59	4.2	-4.0
CRAK	VanEck Oil Refiners ETF	3.5	61	-21	9.3	+1.1
UDI	USCF Dividend Income Fund	3.4	65	-25	6.8	-1.4
AVDE	Avantis International Equity ETF	3.4	23	17	6.2	-2.0
QDEF	FlexShares Quality Dividend Defensive Index Fund	3.4	37	3	5.4	-2.7
FLV	American Century Focused Large Cap Value ETF	3.4	42	-2	6.1	-2.1
SPXV	ProShares S&P 500 Ex-Health Care ETF	3.4	9	31	4.0	-4.2
IMCG	iShares Morningstar Mid-Cap Growth ETF	3.4	6	34	3.4	-4.7
SNPE	Xtrackers S&P 500 ESG ETF	3.4	10	30	4.4	-3.8
ESGU	iShares ESG Aware MSCI USA ETF	3.4	15	25	4.2	-4.0
GRNY	Fundstrat Granny Shots US Large Cap ETF	3.4	75	-35	2.1	-6.1
URA	Global X Uranium ETF	3.4	69	-29	0.6	-7.6
LGDX	Intech S&P Large Cap Diversified Alpha ETF	3.4	25	15	4.2	-4.0
VFMV	Vanguard U.S. Minimum Volatility ETF	3.4	13	27	5.7	-2.5
LRGF	iShares U.S. Equity Factor ETF	3.3	8	32	4.7	-3.5
TIIV	AAM Todd International Intrinsic Value ETF	3.3	54	-14	9.7	+1.5
FMTM	MarketDesk Focused U.S. Momentum ETF	3.3	45	-5	4.7	-3.4
BMVP	Invesco Bloomberg MVP Multi-factor ETF	3.3	29	11	6.6	-1.5
KRMA	Global X Conscious Companies ETF	3.3	43	-3	5.2	-2.9
SMRI	Bushido Capital US Equity ETF	3.3	71	-31	8.2	0.0
JUST	Goldman Sachs JUST U.S. Large Cap Equity ETF	3.3	20	20	4.3	-3.9
JVAL	JPMorgan U.S. Value Factor ETF	3.3	12	28	7.0	-1.1
DTAN	Sparkline International Intangible Value ETF	3.3	55	-15	7.3	-0.9
NETZ	TCW Transform Systems ETF	3.3	75	-35	1.3	-6.9
ROUS	Hartford Multifactor US Equity ETF	3.3	19	21	5.5	-2.7
IQDG	WisdomTree International Quality Dividend Growth Fund	3.3	42	-2	5.7	-2.4
YOKE	Yoke Core ETF	3.3	42	-2	3.7	-4.5
ACVF	American Conservative Values ETF	3.3	75	-35	3.7	-4.4
FTGS	First Trust Growth Strength ETF	3.3	60	-20	3.6	-4.6
IHDG	WisdomTree International Hedged Quality Dividend Growth Fund	3.2	58	-18	5.4	-2.7
SPVM	Invesco S&P 500 Value with Momentum ETF	3.2	39	1	6.5	-1.7
BRAZ	Global X Brazil Active ETF	3.2	75	-35	9.0	+0.8
FVAL	Fidelity Value Factor ETF	3.2	15	25	6.0	-2.1
DFAX	Dimensional World ex U.S. Core Equity 2 ETF	3.2	30	10	6.4	-1.8
NUDV	Nuveen ESG Dividend ETF	3.2	26	14	6.2	-2.0
VBR	Vanguard Small Cap Value ETF	3.2	7	33	7.9	-0.3
JGLO	JPMorgan Global Select Equity ETF	3.2	33	7	4.2	-3.9
USMF	WisdomTree U.S. Multifactor Fund	3.2	28	12	6.6	-1.6
VPL	Vanguard FTSE Pacific ETF	3.2	7	33	5.5	-2.7
HGRO	Hedgeye Quality Growth ETF	3.1	70	-30	3.4	-4.8
TOPT	iShares Top 20 U.S. Stocks ETF	3.1	20	20	3.2	-4.9
PY	Principal Value ETF	3.1	15	25	7.1	-1.1
HAPI	Harbor Human Capital Factor US Large Cap ETF	3.1	36	4	4.1	-4.1
IWL	iShares Russell Top 200 ETF	3.1	15	25	3.9	-4.3
DNL	WisdomTree Global ex-US Quality Dividend Growth Fund	3.1	42	-2	4.0	-4.2
ENHU	iShares Enhanced Large Cap Core Active ETF	3.1	22	18	4.2	-4.0
MMTM	State Street SPDR S&P 1500 Momentum Tilt ETF	3.1	12	28	3.6	-4.6
FXG	First Trust Consumer Staples AlphaDEX Fund	3.1	63	-23	7.9	-0.3
BKLC	BNY Mellon US Large Cap Core Equity ETF	3.1	0	40	4.2	-4.0
VOTE	TCW Transform 500 ETF	3.1	5	35	4.2	-4.0
QLC	FlexShares US Quality Large Cap Index Fund	3.0	25	15	4.6	-3.6
EASG	Xtrackers MSCI EAFE ESG Leaders Equity ETF	3.0	14	26	5.4	-2.8
PBUS	Invesco MSCI USA ETF	3.0	4	36	4.2	-3.9
BBUS	JP Morgan Betabuilders U.S. Equity ETF	3.0	2	38	4.2	-4.0
SFY	SoFi Select 500 ETF	3.0	0	40	3.8	-4.4
DDIV	First Trust Dorsey Wright Momentum & Dividend ETF	3.0	60	-20	4.6	-3.5
FCG	First Trust Natural Gas ETF	3.0	60	-20	13.4	+5.3
FICS	First Trust International Developed Capital Strength ETF	3.0	70	-30	6.6	-1.5
GSUS	Goldman Sachs MarketBeta U.S. Equity ETF	3.0	7	33	4.1	-4.0
BUL	Pacer US Cash Cows Growth ETF	3.0	60	-20	3.4	-4.8
SNPV	Xtrackers S&P 500 Value ESG ETF	3.0	15	25	5.6	-2.6
LSAF	LeaderShares AlphaFactor US Core Equity ETF	3.0	75	-35	6.2	-2.0
GUSA	Goldman Sachs MarketBeta U.S. 1000 Equity ETF	2.9	11	29	4.2	-4.0
EQWL	Invesco S&P 100 Equal Weight ETF	2.9	25	15	5.6	-2.6
HDUS	Hartford Disciplined US Equity ETF	2.9	19	21	4.8	-3.4
FLOW	Global X U.S. Cash Flow Kings 100 ETF	2.9	25	15	11.6	+3.4
DEEF	Xtrackers FTSE Developed ex US Multifactor ETF	2.9	24	16	6.9	-1.3
CCSO	Carbon Collective Climate Solutions US Equity ETF	2.9	35	5	0.9	-7.3
RFFC	ALPS Active Equity Opportunity ETF	2.8	48	-8	3.7	-4.5
TILT	FlexShares Morningstar US Market Factor Tilt Index Fund	2.8	25	15	5.0	-3.2
CVY	Invesco Zacks Multi-Asset Income ETF	2.8	106	-66	10.1	+2.0
DBEZ	Xtrackers MSCI Eurozone Hedged Equity ETF	2.8	45	-5	5.7	-2.5
PABD	iShares Paris-Aligned Climate MSCI World ex USA ETF	2.8	12	28	5.3	-2.9
FMDE	Fidelity Enhanced Mid Cap ETF	2.8	23	17	5.5	-2.7
ICAP	InfraCap Equity Income Fund ETF	2.8	171	-131	4.3	-3.9
HDMV	First Trust Horizon Managed Volatility Developed Intl ETF	2.8	80	-40	5.4	-2.8
MGC	Vanguard Mega Cap ETF	2.8	7	33	3.9	-4.2
VSLU	Applied Finance Valuation Large Cap ETF	2.8	49	-9	4.8	-3.3
FDRR	Fidelity Dividend ETF for Rising Rates	2.8	15	25	5.9	-2.3
SIXA	ETC 6 Meridian Mega Cap Equity ETF	2.8	80	-40	5.6	-2.6
DJD	Invesco Dow Jones Industrial Average Dividend ETF	2.7	7	33	6.8	-1.4
EDOW	First Trust Dow 30 Equal Weight ETF	2.7	50	-10	4.7	-3.5
RDIV	Invesco S&P Ultra Dividend Revenue ETF	2.7	39	1	9.9	+1.7
BDIV	AAM Brentview Dividend Growth ETF	2.7	49	-9	3.6	-4.5
ABIG	Argent Large Cap ETF	2.7	49	-9	4.3	-3.9
FQAL	Fidelity Quality Factor ETF	2.7	15	25	4.8	-3.4
VDC	Vanguard Consumer Staples ETF	2.7	9	31	5.4	-2.8
VUSE	Vident U.S. Equity Strategy ETF	2.7	50	-10	3.7	-4.4
OEF	iShares S&P 100 ETF	2.7	20	20	3.9	-4.3
LCDS	JPMorgan Fundamental Data Science Large Core ETF	2.7	30	10	4.1	-4.1
USCA	Xtrackers MSCI USA Climate Action Equity ETF	2.7	7	33	4.4	-3.8
WDNA	WisdomTree BioRevolution Fund	2.7	45	-5	-2.3	-10.5
KNGZ	First Trust S&P 500 Diversified Dividend Aristocrats ETF	2.7	50	-10	8.4	+0.3
FLRG	Fidelity U.S. Multifactor ETF	2.7	15	25	5.8	-2.3
GQI	Natixis Gateway Quality Income ETF	2.7	34	6	4.5	-3.7
NULV	Nuveen ESG Large-Cap Value ETF	2.7	26	14	5.3	-2.9
RNMC	First Trust Mid Cap US Equity Select ETF	2.7	60	-20	6.5	-1.7
FSCS	First Trust SMID Capital Strength ETF	2.7	60	-20	6.8	-1.4
ENOR	iShares MSCI Norway ETF	2.6	53	-13	7.4	-0.8
NORW	Global X MSCI Norway ETF	2.6	50	-10	7.4	-0.8
PXE	Invesco Energy Exploration & Production ETF	2.6	60	-20	11.7	+3.6
FDLO	Fidelity Low Volatility Factor ETF	2.6	15	25	4.8	-3.3
SCHM	Schwab U.S. Mid-Cap ETF	2.6	4	36	5.9	-2.3
VAMO	Cambria Value & Momentum ETF	2.6	61	-21	5.2	-3.0
BRIF	FIS Bright Portfolios Focused Equity ETF	2.6	65	-25	3.6	-4.6
EUDG	WisdomTree Europe Quality Dividend Growth Fund	2.6	58	-18	6.3	-1.8
PID	Invesco International Dividend Achievers ETF	2.6	53	-13	4.1	-4.1
FID	First Trust S&P International Dividend Aristocrats ETF	2.6	60	-20	7.8	-0.3
DON	WisdomTree U.S. MidCap Dividend Fund	2.6	38	2	8.1	-0.1
BLCR	iShares Large Cap Core Active ETF	2.6	36	4	2.9	-5.3
ILF	iShares Latin America 40 ETF	2.6	48	-8	8.8	+0.7
FSST	Fidelity Sustainable U.S. Equity ETF	2.6	59	-19	3.4	-4.8
BEEX	BeeHive ETF	2.5	84	-44	3.7	-4.4
SPEM	SPDR Portfolio Emerging Markets ETF	2.5	7	33	9.2	+1.1
ROE	Astoria US Quality Kings ETF	2.5	49	-9	5.4	-2.7
FDMO	Fidelity Momentum Factor ETF	2.5	15	25	2.5	-5.7
YNOT	Horizon Digital Frontier ETF	2.5	75	-35	2.5	-5.7
PEXL	Pacer US Export Leaders ETF	2.5	60	-20	3.1	-5.0
BGRO	iShares Large Cap Growth Active ETF	2.5	55	-15	1.9	-6.2
ESMV	iShares ESG MSCI USA Min Vol Factor ETF	2.5	18	22	5.2	-3.0
VALQ	American Century U.S. Quality Value ETF	2.5	29	11	7.2	-0.9
DWMF	WisdomTree International Multifactor Fund	2.4	38	2	6.7	-1.5
DIA	SPDR Dow Jones Industrial Average ETF	2.4	16	24	4.8	-3.4
POWA	Invesco Bloomberg Pricing Power ETF	2.4	40	0	5.6	-2.5
UPGD	Invesco Bloomberg Analyst Rating Improvers ETF	2.4	40	0	5.4	-2.8
USRD	Themes US R&D Champions ETF	2.4	29	11	4.0	-4.2
DIVZ	TrueShares Low Volatility Equity Income ETF	2.4	65	-25	6.0	-2.2
RAYD	Rayliant Quantitative Developed Market Equity ETF	2.4	80	-40	3.6	-4.6
QMOM	Alpha Architect U.S. Quantitative Momentum ETF	2.4	39	1	1.1	-7.1
FELC	Fidelity Enhanced Large Cap Core ETF	2.4	18	22	4.4	-3.7
FTCE	First Trust New Constructs Core Earnings Leaders ETF	2.4	60	-20	4.8	-3.4
FVD	First Trust Value Line Dividend Index Fund	2.4	65	-25	5.7	-2.5
JOET	Virtus Terranova US Quality Momentum ETF	2.3	29	11	3.9	-4.3
IDMO	Invesco S&P International Developed Momentum ETF	2.3	25	15	5.2	-3.0
KNO	AXS Knowledge Leaders ETF	2.3	78	-38	4.4	-3.7
EFAS	Global X MSCI SuperDividend EAFE ETF	2.3	57	-17	7.3	-0.9
RSPS	Invesco S&P 500 Equal Weight Consumer Staples ETF	2.3	40	0	7.1	-1.1
XLP	Consumer Staples Select Sector SPDR	2.3	8	32	5.7	-2.5
CZAR	Themes Natural Monopoly ETF	2.3	35	5	5.3	-2.8
LCTU	BlackRock U.S. Carbon Transition Readiness ETF	2.3	14	26	4.2	-4.0
JHDV	John Hancock U.S. High Dividend ETF	2.3	34	6	6.1	-2.1
DVLU	First Trust Dorsey Wright Momentum & Value ETF	2.3	60	-20	6.4	-1.8
FSTA	FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF	2.3	8	32	5.4	-2.8
LST	Leuthold Select Industries ETF	2.3	91	-51	4.9	-3.3
CRBN	iShares MSCI ACWI Low Carbon Target ETF	2.3	20	20	4.8	-3.4
SPHQ	Invesco S&P 500 Quality ETF	2.3	15	25	4.7	-3.5
GQQQ	Astoria US Quality Growth Kings ETF	2.3	35	5	3.4	-4.8
DEHP	Dimensional Emerging Markets High Profitability ETF	2.3	41	-1	4.9	-3.3
PATN	Pacer Nasdaq International Patent Leaders ETF	2.2	65	-25	4.4	-3.8
ZIG	Acquirers Fund	2.2	84	-44	20.1	+11.9
QLVD	FlexShares Developed Markets ex-US Quality Low Volatility In	2.2	32	8	5.3	-2.9
SEIM	SEI Enhanced U.S. Large Cap Momentum Factor ETF	2.2	15	25	3.0	-5.1
GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	2.2	9	31	4.4	-3.8
EGLE	Global X S&P 500 U.S. Revenue Leaders ETF	2.2	19	21	4.9	-3.3
XLG	Invesco S&P 500 Top 50 ETF	2.2	20	20	3.6	-4.6
IMOM	Alpha Architect International Quantitative Momentum ETF	2.2	49	-9	4.1	-4.1
SFYF	SoFi Social 50 ETF	2.2	29	11	0.8	-7.4
SUSL	iShares ESG MSCI USA Leaders ETF	2.2	10	30	4.3	-3.9
DYNF	BlackRock U.S. Equity Factor Rotation ETF	2.2	30	10	3.8	-4.3
DEXC	Dimensional Emerging Markets ex China Core EquityETF	2.2	53	-13	5.2	-3.0
AVEM	Avantis Emerging Markets Equity ETF	2.2	33	7	7.1	-1.1
CGUS	Capital Group Core Equity ETF	2.2	33	7	3.6	-4.6
BFOR	ALPS Barron's 400 ETF	2.1	65	-25	5.0	-3.2
VB	Vanguard Small-Cap ETF	2.1	5	35	5.2	-2.9
DFAT	Dimensional U.S. Targeted Value ETF	2.1	28	12	8.7	+0.5
VIDI	Vident International Equity Strategy ETF	2.1	61	-21	8.3	+0.2
PAVE	Global X U.S. Infrastructure Development ETF	2.1	47	-7	4.1	-4.0
IFRA	iShares U.S. Infrastructure ETF	2.1	30	10	5.5	-2.7
AVES	Avantis Emerging Markets Value ETF	2.1	36	4	8.8	+0.6
IGRO	iShares International Dividend Growth ETF	2.1	15	25	6.7	-1.5
OALC	OneAscent Large Cap Core ETF	2.1	86	-46	3.5	-4.7
HUSV	First Trust Horizon Managed Volatility Domestic ETF	2.1	70	-30	4.7	-3.5
AUSF	Global X Adaptive U.S. Factor ETF	2.1	27	13	8.1	-0.0
BRNY	Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation	2.1	79	-39	4.1	-4.0
GVAL	Cambria Global Value ETF	2.1	68	-28	8.7	+0.6
RFDA	RiverFront Dynamic US Dividend Advantage ETF	2.1	52	-12	5.2	-2.9
AMOM	Qraft AI-Enhanced U.S. Large Cap Momentum ETF	2.1	75	-35	2.0	-6.2
EAFG	Pacer Developed Markets Cash Cows Growth Leaders ETF	2.0	65	-25	4.0	-4.2
WDIV	SPDR S&P Global Dividend ETF	2.0	40	0	9.1	+0.9
FFND	Future Fund Active ETF	2.0	100	-60	4.3	-3.9
LRGC	AB US Large Cap Strategic Equities ETF	2.0	48	-8	3.8	-4.4
AVXC	Avantis Emerging Markets Ex-China Equity ETF	2.0	33	7	6.2	-1.9
DFSU	Dimensional US Sustainability Core 1 ETF	2.0	18	22	4.7	-3.5
LCF	Touchstone US Large Cap Focused ETF	2.0	69	-29	3.6	-4.6
FXR	First Trust Industrials/Producer Durables AlphaDEX Fund	2.0	61	-21	5.8	-2.4
HELX	Franklin Genomic Advancements ETF	2.0	50	-10	-1.4	-9.6
EMC	Global X Emerging Markets Great Consumer ETF	1.9	75	-35	7.2	-1.0
RSPE	Invesco ESG S&P 500 Equal Weight ETF	1.9	20	20	5.8	-2.4
INCE	Franklin Income Equity Focus ETF	1.9	29	11	5.3	-2.9
DINT	Davis Select International ETF	1.9	55	-15	6.1	-2.1
QUAL	iShares MSCI USA Quality Factor ETF	1.9	15	25	4.5	-3.7
HWAY	Themes US Infrastructure ETF	1.9	29	11	4.6	-3.6
DUSA	Davis Select U.S. Equity ETF	1.9	61	-21	7.0	-1.2
RGEF	Rockefeller Global Equity ETF	1.9	55	-15	3.9	-4.3
IMFL	Invesco International Developed Dynamic Multifactor ETF	1.9	34	6	5.2	-3.0
VIGI	Vanguard International Dividend Appreciation ETF	1.9	10	30	6.1	-2.1
DGIN	VanEck Digital India ETF	1.9	71	-31	1.5	-6.7
NDIA	Global X India Active ETF	1.9	75	-35	4.9	-3.3
THRO	iShares U.S. Thematic Rotation Active ETF	1.9	90	-50	3.2	-5.0
HYP	Golden Eagle Dynamic Hypergrowth ETF	1.9	85	-45	-0.8	-8.9
ACWV	iShares MSCI Global Min Vol Factor ETF	1.9	20	20	5.7	-2.4
DFEV	Dimensional Emerging Markets Value ETF	1.9	43	-3	9.6	+1.5
WCEO	Hypatia Women CEO ETF	1.9	85	-45	4.7	-3.4
BLCV	iShares Large Cap Value Active ETF	1.9	53	-13	6.4	-1.7
PSL	Invesco Dorsey Wright Consumer Staples Momentum ETF	1.9	60	-20	5.5	-2.6
AQEC	AQE Core ETF	1.9	49	-9	5.2	-2.9
STXM	Strive Mid-Cap ETF	1.8	18	22	5.8	-2.4
LNGX	Global X U.S. Natural Gas ETF	1.8	45	-5	9.9	+1.8
SPHB	Invesco S&P 500 High Beta ETF	1.8	25	15	3.8	-4.4
QUVU	Hartford Quality Value ETF	1.8	46	-6	5.7	-2.5
OCEN	IQ Clean Oceans ETF	1.8	45	-5	4.5	-3.6
ISCV	iShares Morningstar Small Cap Value ETF	1.8	6	34	7.8	-0.3
IDLV	Invesco S&P International Developed Low Volatility ETF	1.8	25	15	6.2	-2.0
SPGP	Invesco S&P 500 GARP ETF	1.8	34	6	5.7	-2.5
JHID	John Hancock International High Dividend ETF	1.8	46	-6	7.9	-0.2
GLOV	Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF	1.8	25	15	5.5	-2.7
EZM	WisdomTree U.S. MidCap Fund	1.8	38	2	8.0	-0.2
SEIV	SEI Enhanced U.S. Large Cap Value Factor ETF	1.8	15	25	8.3	+0.1
SELV	SEI Enhanced Low Volatility U.S. Large Cap ETF	1.8	15	25	6.3	-1.9
BGDV	Bahl & Gaynor Dividend ETF	1.8	45	-5	3.9	-4.3
CGGR	Capital Group Growth ETF	1.8	39	1	2.5	-5.6
FLDZ	RiverNorth Patriot ETF	1.8	75	-35	5.6	-2.6
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	1.7	30	10	7.6	-0.6
DSI	iShares MSCI KLD 400 Social ETF	1.7	25	15	4.2	-4.0
XVV	iShares ESG Screened S&P 500 ETF	1.7	8	32	4.2	-4.0
KVLE	KraneShares Value Line Dynamic Dividend Equity Index ETF	1.7	56	-16	7.0	-1.2
FTC	First Trust Large Cap Growth AlphaDEX Fund	1.7	59	-19	1.8	-6.4
GXPS	Global X PureCap MSCI Consumer Staples ETF	1.7	25	15	4.7	-3.5
MCDS	JPMorgan Fundamental Data Science Mid Core ETF	1.7	35	5	4.9	-3.3
TMFC	Motley Fool 100 Index ETF	1.7	50	-10	3.0	-5.2
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	1.7	10	30	4.3	-3.9
VFQY	Vanguard U.S. Quality Factor ETF	1.7	13	27	5.6	-2.6
GLBL	Pacer MSCI World Industry Advantage ETF	1.6	65	-25	3.4	-4.7
FPAG	FPA Global Equity ETF	1.6	49	-9	5.9	-2.2
USEW	Cambria US EW ETF	1.6	30	10	4.2	-4.0
GMF	SPDR S&P Emerging Asia Pacific ETF	1.6	49	-9	8.6	+0.5
PBW	Invesco WilderHill Clean Energy ETF	1.6	66	-26	-2.9	-11.0
IJJ	iShares S&P Mid-Cap 400 Value ETF	1.6	18	22	7.9	-0.3
IVOV	Vanguard S&P Mid-Cap 400 Value ETF	1.6	10	30	8.0	-0.2
MDYV	State Street SPDR S&P 400 Mid Cap Value ETF	1.6	15	25	7.9	-0.3
JEMA	JPMorgan ActiveBuilders Emerging Markets Equity ETF	1.6	33	7	6.8	-1.4
SUSA	iShares MSCI USA ESG Select ETF	1.6	25	15	4.1	-4.1
SPYX	State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF	1.6	20	20	4.0	-4.1
DSTL	Distillate US Fundamental Stability & Value ETF	1.6	39	1	7.8	-0.4
BWEB	Bitwise Web3 ETF	1.6	85	-45	-0.1	-8.3
ROAM	Hartford Multifactor Emerging Markets ETF	1.6	44	-4	7.7	-0.5
FDLS	Inspire Fidelis Multi Factor ETF	1.6	76	-36	3.2	-5.0
AMZA	InfraCap MLP ETF	1.6	164	-124	5.9	-2.3
FLQL	Franklin LibertyQ U.S. Equity ETF	1.6	15	25	4.6	-3.6
SAGP	Strategas Global Policy Opportunities ETF	1.6	65	-25	4.8	-3.4
IQSU	IQ Candriam U.S. Large Cap Equity ETF	1.6	9	31	4.4	-3.8
AFK	VanEck Africa Index ETF	1.5	98	-58	10.5	+2.3
LGLV	State Street SPDR US Large Cap Low Volatility Index ETF	1.5	12	28	5.5	-2.6
QDF	FlexShares Quality Dividend Index Fund	1.5	37	3	5.4	-2.8
JMOM	JPMorgan U.S. Momentum Factor ETF	1.5	12	28	3.5	-4.7
BBMC	JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	1.5	7	33	5.3	-2.8
AVSD	Avantis Responsible International Equity ETF	1.5	23	17	6.0	-2.2
IQSI	IQ Candriam International Equity ETF	1.5	15	25	5.6	-2.6
VFMO	Vanguard U.S. Momentum Factor ETF	1.5	13	27	1.7	-6.5
GDIV	Harbor Dividend Growth Leaders ETF	1.5	50	-10	4.0	-4.2
SMIG	AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF	1.5	60	-20	5.2	-3.0
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	1.4	38	2	6.9	-1.2
FNX	First Trust Mid Cap Core AlphaDEX Fund	1.4	60	-20	6.2	-2.0
APIE	ActivePassive International Equity ETF	1.4	45	-5	6.4	-1.8
DFAE	Dimensional Emerging Core Equity Market ETF	1.4	35	5	6.9	-1.2
VSGX	Vanguard ESG International Stock ETF	1.4	10	30	6.7	-1.5
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	1.4	29	11	4.0	-4.2
EWS	iShares MSCI Singapore ETF	1.4	50	-10	4.2	-4.0
EPU	iShares MSCI Peru and Global Exposure ETF	1.4	59	-19	4.5	-3.6
MVAL	VanEck Morningstar Wide Moat Value ETF	1.4	49	-9	6.2	-1.9
FNK	First Trust Mid Cap Value AlphaDEX Fund	1.4	70	-30	9.6	+1.4
KXI	iShares Global Consumer Staples ETF	1.3	41	-1	5.2	-2.9
BESF	Bastion Energy ETF	1.3	80	-40	9.0	+0.8
RAFE	PIMCO RAFI ESG U.S. ETF	1.3	29	11	6.4	-1.8
XJH	iShares ESG Screened S&P Mid-Cap ETF	1.3	12	28	5.9	-2.2
IEZ	iShares U.S. Oil Equipment & Services ETF	1.3	40	0	2.5	-5.7
OIH	VanEck Oil Services ETF	1.3	35	5	2.3	-5.8
PXJ	Invesco Oil & Gas Services ETF	1.3	63	-23	2.6	-5.6
XES	State Street SPDR S&P Oil & Gas Equipment & Services ETF	1.3	35	5	1.1	-7.1
QRFT	Qraft Ai-Enhanced U.S. Large Cap ETF	1.3	75	-35	3.2	-5.0
RWK	Invesco S&P MidCap 400 Revenue ETF	1.3	39	1	7.9	-0.3
COWS	Amplify Cash Flow Dividend Leaders ETF	1.3	0	40	7.5	-0.7
DISV	Dimensional International Small Cap Value ETF	1.3	42	-2	8.2	+0.1
NULC	Nuveen ESG Large-Cap ETF	1.3	21	19	4.0	-4.2
CGXU	Capital Group International Focus Equity ETF	1.2	54	-14	3.9	-4.2
MDY	SPDR S&P Midcap 400 ETF Trust	1.2	23	17	5.9	-2.3
DFSV	Dimensional US Small Cap Value ETF	1.2	31	9	8.9	+0.7
JEPI	JPMorgan Equity Premium Income ETF	1.2	35	5	4.9	-3.3
SIXL	ETC 6 Meridian Low Beta Equity ETF	1.2	80	-40	5.8	-2.3
CGIE	Capital Group International Equity ETF	1.2	54	-14	4.6	-3.6
MDCP	VictoryShares THB Mid Cap ESG ETF	1.2	55	-15	4.7	-3.5
IJH	iShares Core S&P Mid-Cap ETF	1.2	5	35	6.1	-2.1
SPMD	State Street SPDR Portfolio S&P 400 Mid Cap ETF	1.2	3	37	6.1	-2.1
NUDM	Nuveen ESG International Developed Markets Equity ETF	1.2	31	9	5.6	-2.6
DIVE	Dana Concentrated Dividend ETF	1.2	65	-25	6.8	-1.4
BKMC	BNY Mellon US Mid Cap Core Equity ETF	1.2	4	36	5.6	-2.6
IVOO	Vanguard S&P Mid-Cap 400 ETF	1.2	7	33	6.1	-2.1
QVMM	Invesco S&P MidCap 400 QVM Multi-factor ETF	1.2	15	25	6.1	-2.1
SMMD	iShares Russell 2500 ETF	1.2	15	25	5.6	-2.6
ISCB	iShares Morningstar Small-Cap ETF	1.2	4	36	5.4	-2.8
IQM	Franklin Intelligent Machines ETF	1.2	50	-10	1.1	-7.1
SDG	iShares MSCI Global Sustainable Development Goals ETF	1.2	49	-9	4.5	-3.7
IQSM	IQ Candriam U.S. Mid Cap Equity ETF	1.1	15	25	5.1	-3.1
EWI	iShares MSCI Italy ETF	1.1	50	-10	10.6	+2.4
CGDV	Capital Group Dividend Value ETF	1.1	33	7	3.9	-4.2
EFAX	SPDR MSCI EAFE Fossil Fuel Reserves Free ETF	1.1	20	20	5.6	-2.6
OUSM	ALPS O'Shares US Small-Cap Quality Dividend ETF	1.1	48	-8	7.8	-0.4
SMOX	Horizon Small/Mid Cap Core Equity ETF	1.1	75	-35	5.3	-2.9
TTAC	FCF US Quality ETF	1.1	59	-19	5.4	-2.7
NZAC	SPDR MSCI ACWI Climate Paris Aligned ETF	1.1	12	28	4.4	-3.8
PIZ	Invesco Dorsey Wright Developed Markets Momentum ETF	1.1	80	-40	3.4	-4.8
MIDE	Xtrackers S&P MidCap 400 ESG ETF	1.1	15	25	6.8	-1.4
JIG	JPMorgan International Growth ETF	1.0	55	-15	3.6	-4.6
SAMT	Strategas Macro Thematic Opportunities ETF	1.0	65	-25	2.3	-5.9
SILJ	ETFMG Prime Junior Silver Miners ETF	1.0	69	-29	0.3	-7.9
ITOL	Tema International Durable Quality ETF	1.0	60	-20	4.9	-3.2
ERTH	Invesco MSCI Sustainable Future ETF	1.0	62	-22	2.9	-5.3
IPAV	Global X Infrastructure Development ex-U.S. ETF	1.0	55	-15	5.6	-2.6
HOMZ	Hoya Capital Housing ETF	1.0	30	10	10.0	+1.8
ESGV	Vanguard ESG U.S. Stock ETF	1.0	9	31	4.2	-4.0
AQLT	iShares MSCI Global Quality Factor ETF	1.0	18	22	0.0	-8.2
BKF	iShares MSCI BIC ETF	1.0	69	-29	13.6	+5.4
CVLC	Calvert US Large-Cap Core Responsible Index ETF	1.0	15	25	4.3	-3.9
EFRA	iShares Environmental Infrastructure and Industrials ETF	1.0	47	-7	4.8	-3.4
AADR	AdvisorShares Dorsey Wright ADR ETF	1.0	110	-70	2.9	-5.3
ABLG	Abacus FCF International Leaders ETF	1.0	59	-19	6.1	-2.0
FCA	First Trust China AlphaDEX Fund	1.0	80	-40	6.8	-1.4
FEM	First Trust Emerging Markets AlphaDEX Fund	1.0	80	-40	8.4	+0.3
FLCH	Franklin FTSE China ETF	1.0	19	21	16.7	+8.5
FXI	iShares China Large-Cap ETF	1.0	74	-34	19.6	+11.5
MCHI	iShares MSCI China ETF	1.0	59	-19	18.8	+10.6
PIE	Invesco Dorsey Wright Emerging Markets Momentum ETF	1.0	90	-50	3.7	-4.5
JCHI	JPMorgan Active China ETF	1.0	65	-25	14.7	+6.5
OPTZ	Optimize Strategy Index ETF	1.0	50	-10	3.6	-4.5
GXC	SPDR S & P China ETF	1.0	59	-19	17.3	+9.1
FPXI	First Trust International Equity Opportunities ETF	1.0	70	-30	3.7	-4.4
ARKQ	ARK Autonomous Technology & Robotics ETF	1.0	75	-35	0.9	-7.3
LOUP	Innovator Deepwater Frontier Tech ETF	1.0	70	-30	0.9	-7.2
VCLN	Virtus Duff & Phelps Clean Energy ETF	1.0	59	-19	2.4	-5.8
NUKZ	Range Nuclear Renaissance Index ETF	1.0	85	-45	1.2	-7.0
SAMM	Strategas Macro Momentum ETF	1.0	66	-26	3.6	-4.6
URAN	Themes Uranium & Nuclear ETF	1.0	35	5	0.8	-7.4
AIPO	Defiance AI & Power Infrastructure ETF	1.0	69	-29	0.7	-7.4
CDIG	City Different Investments Global Equity ETF	1.0	75	-35	-1.5	-9.7
GRNJ	Fundstrat Granny Shts US Sm- &Mid-CapETF	1.0	75	-35	1.9	-6.3
TNUK	Tortoise Nuclear Renaissance ETF	1.0	75	-35	0.6	-7.6
AVSU	Avantis Responsible U.S. Equity ETF	1.0	15	25	5.0	-3.2
EWD	iShares MSCI Sweden ETF	1.0	54	-14	4.9	-3.3
NUSC	Nuveen ESG Small-Cap ETF	1.0	31	9	4.9	-3.3
FLQM	Franklin U.S. Mid Cap Multifactor Index ETF	0.9	30	10	7.5	-0.6
CGGO	Capital Group Global Growth Equity ETF	0.9	47	-7	4.2	-4.0
FAD	First Trust Multi Cap Growth AlphaDEX Fund	0.9	64	-24	1.3	-6.9
ASEA	Global X FTSE Southeast Asia ETF	0.9	65	-25	5.5	-2.7
FSZ	First Trust Switzerland AlphaDEX Fund	0.9	80	-40	5.1	-3.0
SMLF	iShares U.S. SmallCap Equity Factor ETF	0.9	15	25	5.0	-3.2
GKAT	Scharf Global Opportunity ETF	0.9	57	-17	5.8	-2.4
EWUS	iShares MSCI United Kingdom Small Cap ETF	0.9	59	-19	7.2	-1.0
MFEM	PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF	0.9	50	-10	8.3	+0.1
JHSC	John Hancock Multifactor Small Cap ETF	0.9	42	-2	6.0	-2.2
SRVR	Pacer Data & Infrastructure Real Estate ETF	0.9	55	-15	3.5	-4.6
UEVM	VictoryShares Emerging Markets Value Momentum ETF	0.9	45	-5	9.3	+1.1
FRDM	Freedom 100 Emerging Markets ETF	0.9	49	-9	5.6	-2.6
SMDX	Intech S&P Small-Mid Cap Divers Alp ETF	0.8	35	5	6.3	-1.9
USVM	VictoryShares US Small Mid Cap Value Momentum ETF	0.8	25	15	7.8	-0.4
RSPR	Invesco S&P 500 Equal Weight Real Estate ETF	0.8	40	0	7.7	-0.5
FPRO	Fidelity Real Estate Investment ETF	0.8	59	-19	6.0	-2.2
FREL	Fidelity MSCI Real Estate Index ETF	0.8	8	32	7.0	-1.2
IYR	iShares U.S. Real Estate ETF	0.8	40	0	6.8	-1.3
PSR	Invesco Active U.S. Real Estate Fund	0.8	35	5	7.0	-1.1
SCHH	Schwab U.S. REIT ETF	0.8	7	33	7.2	-0.9
SPRE	SP Funds S&P Global REIT Sharia ETF	0.8	55	-15	5.3	-2.9
VNQ	Vanguard Real Estate ETF	0.8	13	27	6.7	-1.4
XLRE	Real Estate Select Sector SPDR	0.8	8	32	7.1	-1.1
JPRE	JPMorgan Realty Income ETF	0.8	50	-10	6.9	-1.3
ILCG	iShares Morningstar Growth ETF	0.8	4	36	3.0	-5.1
RDVY	First Trust Rising Dividend Achievers ETF	0.8	50	-10	5.1	-3.1
FMKT	The Free Markets ETF	0.8	76	-36	4.2	-4.0
KOMP	State Street SPDR S&P Kensho New Economies Composite ETF	0.8	20	20	0.8	-7.4
ESML	iShares ESG Aware MSCI USA Small-Cap ETF	0.8	17	23	5.0	-3.2
LEGR	First Trust Indxx Innovative Transaction & Process ETF	0.8	65	-25	7.5	-0.7
AVSE	Avantis Responsible Emerging Markets Equity ETF	0.8	33	7	6.8	-1.4
SPXE	ProShares S&P 500 Ex-Energy ETF	0.8	9	31	4.1	-4.1
CGV	Conductor Global Equity Value ETF	0.8	130	-90	7.3	-0.8
TCV	Towle Value ETF	0.8	85	-45	9.6	+1.4
DWLD	Davis Select Worldwide ETF	0.8	63	-23	6.7	-1.4
DFAS	Dimensional U.S. Small Cap ETF	0.7	26	14	5.6	-2.6
FFSM	Fidelity Fundamental Small-Mid Cap ETF	0.7	43	-3	4.8	-3.3
AESR	Anfield U.S. Equity Sector Rotation ETF	0.7	108	-68	2.9	-5.3
ECON	Columbia Emerging Markets Consumer ETF	0.7	49	-9	6.9	-1.3
QQQE	Direxion NASDAQ-100 Equal Weighted Index Shares	0.7	35	5	3.6	-4.6
QQXT	First Trust Nasdaq-100 Ex-Technology Sector Index Fund	0.7	60	-20	4.1	-4.1
QNXT	iShares Nasdaq-100 ex Top 30 ETF	0.7	20	20	4.2	-4.0
STXG	Strive 1000 Growth ETF	0.7	18	22	3.2	-4.9
JMEE	JPMorgan Market Expansion Enhanced Equity ETF	0.7	24	16	6.0	-2.2
PXH	Invesco FTSE RAFI Emerging Markets ETF	0.7	49	-9	13.2	+5.0
HSMV	First Trust Horizon Managed Volatility Small/Mid ETF	0.7	80	-40	6.7	-1.5
EIS	iShares MSCI Israel ETF	0.7	58	-18	6.2	-2.0
OBOR	KraneShares MSCI One Belt One Road Index ETF	0.7	79	-39	7.0	-1.2
DSMC	Distillate Small/Mid Cash Flow ETF	0.7	55	-15	11.0	+2.8
SCHA	Schwab U.S. Small-Cap ETF	0.7	4	36	4.4	-3.7
DUHP	Dimensional US High Profitability ETF	0.7	21	19	5.2	-3.0
DFSI	Dimensional International Sustainability Core 1 ETF	0.7	24	16	5.6	-2.5
DIM	WisdomTree International MidCap Dividend Fund	0.7	58	-18	6.2	-1.9
FPWR	First Trust EIP Power Solutions ETF	0.7	96	-56	4.3	-3.9
EFG	iShares MSCI EAFE Growth ETF	0.7	36	4	3.8	-4.4
BUZZ	VanEck Social Sentiment ETF	0.7	75	-35	-0.7	-8.8
IEUS	iShares MSCI Europe Small-Cap ETF	0.6	42	-2	6.6	-1.5
AFMC	First Trust Active Factor Mid Cap ETF	0.6	65	-25	7.0	-1.1
DXJ	WisdomTree Japan Hedged Equity Fund	0.6	48	-8	5.6	-2.6
EEM	iShares MSCI Emerging Markets ETF	0.6	69	-29	7.8	-0.3
IYJ	iShares U.S. Industrials ETF	0.6	40	0	4.0	-4.2
DMXF	iShares ESG Advanced MSCI EAFE ETF	0.6	12	28	5.0	-3.2
FNDE	Schwab Fundamental Emerging Markets Large Co. Index ETF	0.6	39	1	13.5	+5.3
AVUQ	Avantis U.S. Quality ETF	0.6	15	25	3.5	-4.6
DEMZ	Democratic Large Cap Core ETF	0.6	45	-5	3.8	-4.3
SPLV	Invesco S&P 500 Low Volatility ETF	0.6	25	15	5.0	-3.2
XRLV	Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF	0.6	25	15	4.9	-3.3
CSMD	Congress SMid Growth ETF	0.6	69	-29	3.5	-4.7
BKSE	BNY Mellon US Small Cap Core Equity ETF	0.6	4	36	5.3	-2.9
PSET	Principal Quality ETF	0.6	15	25	4.8	-3.4
CHGX	AXS Change Finance ESG ETF	0.6	49	-9	4.6	-3.6
QQQJ	Invesco NASDAQ Next Gen 100 ETF	0.6	15	25	4.1	-4.1
SMAP	Amplify Small-Mid Cap Equity ETF	0.6	60	-20	4.4	-3.8
DVGR	DAC 3D Dividend Growth ETF	0.6	65	-25	4.6	-3.6
FFF	Founders 100 ETF	0.6	75	-35	2.5	-5.7
AAUM	Tema Alternative Asset Managers ETF	0.6	99	-59	5.0	-3.2
NIXT	Research Affiliates Deletions ETF	0.6	9	31	6.7	-1.5
LOWV	AB US Low Volatility Equity ETF	0.6	48	-8	4.3	-3.9
VXF	Vanguard Extended Market ETF	0.6	5	35	3.8	-4.4
FJP	First Trust Japan AlphaDEX Fund	0.6	80	-40	7.6	-0.6
PDP	Invesco Dorsey Wright Momentum ETF	0.6	62	-22	1.5	-6.7
KONG	Formidable Fortress ETF	0.6	89	-49	5.2	-3.0
EEMX	SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF	0.6	30	10	8.0	-0.1
FTCS	First Trust Capital Strength ETF	0.6	55	-15	5.6	-2.6
JPEF	JPMorgan Equity Focus ETF	0.6	50	-10	3.8	-4.4
JHEM	John Hancock Multifactor Emerging Markets ETF	0.6	49	-9	7.6	-0.5
EFAD	ProShares MSCI EAFE Dividend Growers ETF	0.6	50	-10	5.6	-2.5
VBK	Vanguard Small-Cap Growth ETF	0.6	7	33	1.3	-6.9
EWP	iShares MSCI Spain ETF	0.6	50	-10	6.0	-2.1
XMHQ	Invesco S&P MidCap Quality ETF	0.5	25	15	6.0	-2.2
JPXN	iShares JPX-Nikkei 400 ETF	0.5	48	-8	5.6	-2.6
DFIS	Dimensional International Small Cap ETF	0.5	39	1	6.1	-2.0
QGRO	American Century U.S. Quality Growth ETF	0.5	29	11	3.8	-4.3
USNZ	Xtrackers Net Zero Pathway Paris Aligned US Equity ETF	0.5	10	30	4.3	-3.9
XLSR	State Street US Sector Rotation ETF	0.5	70	-30	4.3	-3.8
WSML	iShares MSCI World Small-Cap ETF	0.5	15	25	5.4	-2.8
RCGE	RockCreek Global Equality ETF	0.5	95	-55	6.1	-2.1
RFEM	First Trust Riverfront Dynamic Emerging Markets ETF	0.5	95	-55	9.8	+1.7
LEAD	Siren DIVCON Leaders Dividend ETF	0.5	43	-3	3.5	-4.7
RJDI	RJ Eagle GCM Dividend Select Income ETF	0.5	55	-15	4.4	-3.8
QQJG	Invesco ESG NASDAQ Next Gen 100 ETF	0.5	20	20	4.5	-3.7
DBEM	Xtrackers MSCI Emerging Markets Hedged Equity ETF	0.5	66	-26	7.3	-0.9
IEMG	iShares Core MSCI Emerging Markets ETF	0.5	9	31	8.1	-0.0
LGRO	Level Four Large Cap Growth Active ETF	0.5	55	-15	3.8	-4.4
EEMA	iShares MSCI Emerging Markets Asia ETF	0.5	49	-9	7.6	-0.5
ISCG	iShares Morningstar Small-Cap Growth ETF	0.5	6	34	2.7	-5.4
QQQ	Invesco QQQ Trust Series I	0.5	20	20	3.3	-4.9
QQQM	Invesco NASDAQ 100 ETF	0.5	15	25	3.3	-4.9
FSMD	Fidelity Small-Mid Multifactor ETF	0.5	15	25	6.5	-1.6
SCHG	Schwab U.S. Large-Cap Growth ETF	0.5	4	36	3.3	-4.9
ETHO	Etho Climate Leadership U.S. ETF	0.5	47	-7	4.3	-3.9
AAXJ	iShares MSCI All Country Asia ex Japan ETF	0.5	70	-30	7.0	-1.1
USAI	Pacer American Energy Independence ETF	0.5	75	-35	3.6	-4.6
VOT	Vanguard Mid-Cap Growth ETF	0.5	7	33	3.1	-5.1
FDWM	Fidelity Women's Leadership ETF	0.5	59	-19	3.8	-4.4
TECB	iShares U.S. Tech Breakthrough Multisector ETF	0.5	40	0	3.2	-4.9
STXK	Strive Small-Cap ETF	0.5	18	22	5.2	-3.0
PAMC	Pacer Lunt MidCap Multi-Factor Alternator ETF	0.5	60	-20	6.7	-1.5
XMVM	Invesco S&P MidCap Value with Momentum ETF	0.5	39	1	7.5	-0.7
FLJP	Franklin FTSE Japan ETF	0.5	9	31	5.6	-2.6
FLAX	Franklin FTSE Asia Ex Japan ETF	0.5	19	21	7.2	-0.9
EWJV	iShares MSCI Japan Value ETF	0.5	15	25	7.3	-0.8
GSJY	Goldman Sachs ActiveBeta Japan Equity ETF	0.5	25	15	5.7	-2.5
BBJP	JPMorgan BetaBuilders Japan ETF	0.5	19	21	5.5	-2.7
EVX	VanEck Environmental Services ETF	0.4	55	-15	4.0	-4.2
MOTO	SmartETFs Smart Transportation & Technology ETF	0.4	68	-28	5.3	-2.9
PBD	Invesco Global Clean Energy ETF	0.4	75	-35	0.2	-8.0
RFV	Invesco S&P Midcap 400 Pure Value ETF	0.4	35	5	11.4	+3.2
TMFX	Motley Fool Next Index ETF	0.4	50	-10	3.1	-5.1
FLJH	Franklin FTSE Japan Hedged ETF	0.4	9	31	5.3	-2.8
FNDA	Schwab Fundamental US Small Co. Index ETF	0.4	25	15	6.1	-2.1
SPMO	Invesco S&P 500 Momentum ETF	0.4	13	27	3.2	-4.9
VOOG	Vanguard S&P 500 Growth ETF	0.4	7	33	18.6	+10.5
IVW	iShares S&P 500 Growth ETF	0.4	18	22	2.9	-5.2
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	0.4	4	36	3.1	-5.1
MAKX	ProShares S&P Kensho Smart Factories ETF	0.4	58	-18	1.2	-6.9
DBJP	Xtrackers MSCI Japan Hedged Equity ETF	0.4	47	-7	4.9	-3.3
SCHE	Schwab Emerging Markets Equity ETF	0.4	11	29	9.2	+1.0
ISMD	Inspire Small/Mid Cap ETF	0.4	54	-14	5.2	-3.0
POWR	iShares U.S. Power Infrastructure ETF	0.4	40	0	3.8	-4.4
IUSG	iShares Core S&P U.S. Growth ETF	0.4	4	36	3.1	-5.1
GINN	Goldman Sachs Innovate Equity ETF	0.4	52	-12	3.8	-4.4
MEM	Matthews Emerging Markets Equity Active ETF	0.4	79	-39	8.5	+0.3
EMM	Global X Emerging Markets ex-China ETF	0.4	75	-35	4.8	-3.4
VWO	Vanguard FTSE Emerging Markets ETF	0.4	7	33	8.9	+0.8
TPSC	Timothy Plan US Small Cap Core ETF	0.4	52	-12	6.5	-1.7
SCZ	iShares MSCI EAFE Small-Cap ETF	0.4	40	0	6.2	-2.0
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	0.4	41	-1	6.8	-1.4
EWJ	iShares MSCI Japan ETF	0.4	50	-10	5.1	-3.1
CXSE	WisdomTree China ex-State-Owned Enterprises Fund	0.4	32	8	13.0	+4.9
DEM	WisdomTree Emerging Markets High Dividend Fund	0.4	63	-23	10.5	+2.4
EEMO	Invesco S&P Emerging Markets Momentum ETF	0.4	29	11	7.0	-1.2
JPEM	JPMorgan Diversified Return Emerging Markets Equity ETF	0.4	44	-4	9.1	+1.0
EMSG	Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF	0.4	20	20	8.4	+0.2
SGRT	SMART Earnings Growth 30 ETF	0.4	59	-19	2.4	-5.8
STRN	SMART Trend 25 ETF	0.4	59	-19	2.7	-5.5
GSEE	Goldman Sachs MarketBeta Emerging Markets Equity ETF	0.4	36	4	7.6	-0.5
BBEM	JPMorgan BetaBuilders Emerging Markets Equity ETF	0.4	15	25	8.0	-0.2
AVUV	Avantis U.S. Small Cap Value ETF	0.3	25	15	7.9	-0.2
BKEM	BNY Mellon Emerging Markets Equity ETF	0.3	11	29	7.9	-0.3
AVDS	Avantis International Small Cap Equity ETF	0.3	30	10	6.0	-2.2
FPXE	First Trust IPOX Europe Equity Opportunities ETF	0.3	70	-30	3.8	-4.4
SDVY	First Trust SMID Cap Rising Dividend Achievers ETF	0.3	60	-20	5.7	-2.5
SMMV	iShares MSCI USA Small-Cap Min Vol Factor ETF	0.3	20	20	5.6	-2.6
XMLV	Invesco S&P MidCap Low Volatility ETF	0.3	25	15	6.7	-1.4
SFLO	VictoryShares Small Cap Free Cash Flow ETF	0.3	49	-9	8.2	+0.0
USXF	iShares ESG Advanced MSCI USA ETF	0.3	10	30	3.9	-4.3
XCNY	SPDR S&P Emerging Markets ex-China ETF	0.3	15	25	5.7	-2.5
LDEM	iShares ESG MSCI EM Leaders ETF	0.3	17	23	12.0	+3.8
KAT	Scharf ETF	0.3	87	-47	6.1	-2.1
FNDC	Schwab Fundamental International Small Co. Index ETF	0.3	39	1	6.7	-1.5
SCDS	JPMorgan Fundamental Data Science Small Core ETF	0.3	40	0	3.8	-4.4
LRND	IQ U.S. Large Cap R&D Leaders ETF	0.3	14	26	3.9	-4.3
GEM	Goldman Sachs ActiveBeta Emerging Markets Equity ETF	0.3	45	-5	8.1	-0.0
SCJ	iShares MSCI Japan Small-Cap ETF	0.3	50	-10	5.9	-2.3
EMGF	iShares Emerging Markets Equity Factor ETF	0.3	25	15	9.0	+0.8
KEMX	KraneShares MSCI Emerging Markets EX China Index ETF	0.3	24	16	5.5	-2.7
IWP	iShares Russell Mid-Cap Growth ETF	0.3	23	17	2.8	-5.3
ONEQ	Fidelity Nasdaq Composite Index ETF	0.3	21	19	2.9	-5.3
FLSW	Franklin FTSE Switzerland ETF	0.3	9	31	5.7	-2.5
GVIP	Goldman Sachs Hedge Industry VIP ETF	0.3	45	-5	2.4	-5.7
USNG	Amplify Samsung U.S. Natural Gas Infrastructure ETF	0.3	59	-19	3.0	-5.2
TCAI	Tortoise AI Infrastructure ETF	0.3	65	-25	1.3	-6.8
STXE	Strive Emerging Markets Ex-China ETF	0.3	32	8	5.5	-2.7
EVLU	iShares MSCI Emerging Markets Value Factor ETF	0.3	35	5	11.0	+2.9
QQQG	Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF	0.3	49	-9	3.3	-4.9
PDN	Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF	0.3	49	-9	6.0	-2.2
JADE	JPMorgan Active Developing Markets Equity ETF	0.3	65	-25	6.1	-2.1
DUNK	Dana Unconstrained Equity ETF	0.2	75	-35	2.1	-6.0
PRXG	Praxis Impact Large Cap Growth ETF	0.2	36	4	3.1	-5.1
ITAN	Sparkline Intangible Value ETF	0.2	50	-10	6.2	-1.9
JGRO	JPMorgan Active Growth ETF	0.2	44	-4	2.4	-5.8
HWSM	Hotchkis & Wiley SMID Cap Diversified Value ETF	0.2	55	-15	9.2	+1.0
FDEM	Fidelity Emerging Markets Multifactor ETF	0.2	25	15	10.3	+2.1
CALF	Pacer US Small Cap Cash Cows 100 ETF	0.2	59	-19	9.3	+1.2
CSB	VictoryShares US Small Cap High Dividend Volatility Wtd ETF	0.2	35	5	8.8	+0.6
EMXC	iShares MSCI Emerging Markets ex China ETF	0.2	25	15	5.2	-3.0
PKB	Invesco Building & Construction ETF	0.2	62	-22	3.3	-4.8
RFG	Invesco S&P Midcap 400 Pure Growth ETF	0.2	35	5	4.4	-3.7
BBSC	JPMorgan BetaBuilders U.S. Small Cap Equity ETF	0.2	9	31	3.8	-4.4
TLTE	FlexShares Morningstar Emerging Markets Factor Tilt Index	0.2	59	-19	8.5	+0.3
EMCR	Xtrackers Emerging Markets Carbon Reduction and Climate Impr	0.2	15	25	8.9	+0.7
CSA	VictoryShares US Small Cap Volatility Wtd ETF	0.2	35	5	6.5	-1.7
EYLD	Cambria Emerging Shareholder Yield ETF	0.2	66	-26	9.2	+1.0
AVDV	Avantis International Small Cap Value ETF	0.2	36	4	7.7	-0.4
VUG	Vanguard Growth ETF	0.1	4	36	20.2	+12.0
SMLV	State Street SPDR US Small Cap Low Volatility Index ETF	0.1	12	28	3.5	-4.7
EEMV	iShares MSCI Emerging Markets Min Vol Factor ETF	0.1	25	15	6.2	-1.9
DES	WisdomTree U.S. SmallCap Dividend Fund	0.1	38	2	8.1	-0.1
EES	WisdomTree U.S. SmallCap Fund	0.1	38	2	7.9	-0.3
FYC	First Trust Small Cap Growth AlphaDEX Fund	0.1	71	-31	-0.6	-8.8
PRFZ	Invesco FTSE RAFI US 1500 Small-Mid ETF	0.1	39	1	2.3	-5.9
SCHC	Schwab International Small-Cap Equity ETF	0.1	11	29	6.4	-1.7
EGUS	iShares ESG Aware MSCI USA Growth ETF	0.1	18	22	3.0	-5.2
FYX	First Trust Small Cap Core AlphaDEX Fund	0.1	61	-21	5.4	-2.8
XSOE	WisdomTree Emerging Markets ex-State-Owned Enterprises Fund	0.1	32	8	7.5	-0.7
ISCF	iShares International SmallCap Equity Factor ETF	0.1	23	17	7.2	-1.0
WRND	IQ Global Equity R&D Leaders ETF	0.1	18	22	4.0	-4.2
MODL	VictoryShares WestEnd U.S. Sector ETF	0.1	42	-2	4.1	-4.1
ESIX	State Street SPDR S&P SmallCap 600 ESG ETF	0.1	12	28	6.7	-1.5
IJR	iShares Core S&P Small Cap ETF	0.1	6	34	6.3	-1.8
IJS	iShares S&P Small-Cap 600 Value ETF	0.1	18	22	8.9	+0.7
PSCM	Invesco S&P SmallCap Materials ETF	0.1	29	11	9.0	+0.9
QVMS	Invesco S&P SmallCap 600 QVM Multi-factor ETF	0.1	15	25	6.2	-1.9
RWJ	Invesco S&P SmallCap 600 Revenue ETF	0.1	39	1	7.5	-0.6
RZV	Invesco S&P Smallcap 600 Pure Value ETF	0.1	35	5	7.2	-1.0
SLYV	State Street SPDR S&P 600 Small Cap Value ETF	0.1	15	25	9.0	+0.8
SPSM	State Street SPDR Portfolio S&P 600 Small Cap ETF	0.1	3	37	6.4	-1.8
VIOO	Vanguard S&P Small-Cap 600 ETF	0.1	7	33	6.2	-2.0
VIOV	Vanguard S&P Small-Cap 600 Value ETF	0.1	10	30	9.0	+0.8
XJR	iShares ESG Screened S&P Small-Cap ETF	0.1	12	28	6.2	-2.0
VEGN	US Vegan Climate ETF	0.1	60	-20	3.8	-4.4
VSS	Vanguard FTSE All-World ex-US Small-Cap ETF	0.1	8	32	6.2	-2.0
FBCG	Fidelity Blue Chip Growth ETF	0.1	59	-19	2.2	-6.0
STXD	Strive 1000 Dividend Growth ETF	0.1	35	5	4.4	-3.8
ESGE	iShares ESG Aware MSCI EM ETF	0.1	25	15	8.3	+0.1
VONG	Vanguard Russell 1000 Growth ETF	0.1	7	33	3.5	-4.7
IWF	iShares Russell 1000 Growth ETF	0.1	19	21	3.4	-4.8
GGUS	Marketbeta Russell 1000 Growth Equity ETF	0.1	12	28	3.4	-4.8
ZSB	USCF Sustainable Battery Metals Strategy Fund	0.0	61	-21	6.2	-2.0
IWY	iShares Russell Top 200 Growth ETF	0.0	20	20	3.5	-4.7
AVSC	Avantis U.S Small Cap Equity ETF	0.0	25	15	4.7	-3.5
DGRE	WisdomTree Emerging Markets Quality Dividend Growth Fund	0.0	32	8	4.8	-3.3
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	0.0	70	-30	9.1	+0.9
EDOG	ALPS Emerging Sector Dividend Dogs ETF	0.0	60	-20	10.0	+1.8
EMMF	WisdomTree Emerging Markets Multifactor Fund	0.0	48	-8	8.6	+0.5
TEKX	SPDR Galaxy Transformative Tech Accelerators ETF	0.0	65	-25	0.0	-8.2

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:	SPDR S&P Global Natural Resources ETF
Relative to:	S&P500	MSCI EAFE	MSCI Emg. Mkts.	Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™

Calculation of ALTAR Score™
Avg. Return on Equity	14.6	%
Divided by: Fwd. P/BV	1.7	x
Less: Expense ratio	40	bp
Equals: ALTAR Score	8.2	%

More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS

COMPOSITE RATING	1.63	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.