ETF Research Center

SPDR S&P Global Natural Resources ETF

ALTAR
Score™

8.9%

Recommen-
dation

SPECULATIVE

2025E 2026E
P/E ratio	16.3x	P/Sales ratio	1.1x
P/BV ratio	1.6x	Div. yield	3.1%

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)	$4,113
Currency	USD
Expense ratio	40 bp
Distributions	Semi-Annually

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	93
Wgt avg mkt cap (mns)	$80,570
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	34.2 %
BHP BILLITON LTD	4.6 %
EXXON MOBIL CORP	4.6 %
NUTRIEN LTD.	4.2 %
SHELL PLC	4.1 %
NEWMONT MINING CORP	3.4 %
UPM-KYMMENE OYJ	2.8 %
AGNICO-EAGLE MINES LTD	2.7 %
CHEVRON CORP	2.7 %
TOTAL SA	2.7 %
CORTEVA INC	2.4 %

TOP COUNTRY EXPOSURE
	UNITED STATES	31.7 %
	CANADA	17.4 %
	BRITAIN	8.5 %
	AUSTRALIA	7.6 %
	FINLAND	4.3 %
	BRAZIL	3.1 %
	FRANCE	2.7 %
	SWITZERLAND	2.7 %
	INDIA	2.2 %
	NORWAY	2.0 %

HISTORICAL PERFORMANCE info

	Custom date range	Compare to
	thru

Standardized Annual Returns (thru December 31)
Year-to-date	1 year	5 years	10 years	Since Incep.
28.7%	28.7%	10.8%	10.5%	4.5%

Market Correlations
versus...	Beta	R-squared
S&P500	0.70	53%
MSCI EAFE	0.89	61%
MSCI Emg. Mkts.	0.79	55%

Technical Indicators
Recent close	$66.93
30d moving avg.	$61.65
Annualized volatility	16.0%
Short interest (ETF)	0.5%
Relative strength (RSI)	64

Liquidity measures
Avg. volume (thou.)	277
Turnover	0.5%
Bid/Ask (% of price)	0.09%
ADV underlying (mns)	$10,773

Distributions

FINDING ALTERNATIVE FUNDS

Below is a list of 1031 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™:

8.9%

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 (%)
GUNR	FlexShares Morningstar Global Upstream Natural Resources Ind	50.4	46	-6	8.2	-0.7
NANR	SPDR S&P North American Natural Resources ETF	46.3	35	5	6.6	-2.3
MXI	iShares Global Materials ETF	35.2	41	-1	6.1	-2.8
HAP	VanEck Natural Resources ETF	34.6	50	-10	7.6	-1.3
FTWO	Strive FAANG 2.0 ETF	31.8	49	-9	3.5	-5.4
IXC	iShares Global Energy ETF	28.2	44	-4	9.1	+0.2
IGE	iShares North American Natural Resources ETF	21.2	41	-1	6.4	-2.5
AVIE	Avantis� Inflation Focused Equity ETF	19.6	25	15	6.2	-2.7
GCOW	Pacer Global Cash Cows Dividend ETF	18.0	60	-20	9.6	+0.7
JIVE	JPMorgan International Value ETF	17.2	55	-15	9.6	+0.7
PICK	iShares MSCI Global Metals & Mining Producers ETF	16.5	39	1	8.6	-0.3
FMAT	Fidelity MSCI Materials Index ETF	16.5	8	32	5.4	-3.5
VAW	Vanguard Materials ETF	16.5	9	31	5.4	-3.5
ICOP	iShares Copper and Metals Mining ETF	15.6	47	-7	5.6	-3.3
CUT	Invesco MSCI Global Timber ETF	15.3	61	-21	9.6	+0.7
RSPM	Invesco S&P 500 Equal Weight Materials ETF	14.9	40	0	6.8	-2.1
XLB	The Materials Select Sector SPDR Fund	14.9	8	32	5.5	-3.4
DFLV	Dimensional US Large Cap Value ETF	13.9	22	18	6.5	-2.4
QQWZ	Pacer Cash COWZ 100-Nasdaq100 Rotator ETF	13.3	49	-9	2.9	-6.0
COWZ	Pacer US Cash Cows 100 ETF	13.3	49	-9	7.3	-1.6
SPVU	Invesco S&P 500 Enhanced Value ETF	13.3	13	27	9.0	+0.1
VEGI	iShares MSCI Agriculture Producers ETF	13.2	39	1	8.1	-0.8
EWC	iShares MSCI Canada ETF	13.0	50	-10	5.2	-3.7
FENY	Fidelity MSCI Energy Index ETF	12.7	8	32	8.1	-0.8
FTXN	First Trust Nasdaq Oil & Gas ETF	12.7	60	-20	10.9	+2.0
GXPE	Global X PureCap MSCI Energy ETF	12.7	25	15	7.9	-1.0
IYE	iShares U.S. Energy ETF	12.7	40	0	8.0	-0.9
XLE	The Energy Select Sector SPDR Fund	12.7	8	32	8.1	-0.8
VDE	Vanguard Energy ETF	12.7	9	31	8.1	-0.8
CCNR	ALPS CoreCommodity Natural Resources ETF	12.6	39	1	7.3	-1.6
RSPG	Invesco S&P 500 Equal Weight Energy ETF	12.6	40	0	9.9	+1.0
USCF	Themes US Cash Flow Champions ETF	12.1	29	11	7.7	-1.2
EIPX	FT Energy Income Partners Strategy ETF	12.1	95	-55	7.2	-1.7
PYZ	Invesco Dorsey Wright Basic Materials Momentum ETF	12.0	60	-20	4.1	-4.8
TEXN	iShares Texas Equity ETF	11.9	20	20	5.5	-3.4
MAGA	Point Bridge America First ETF	11.8	72	-32	5.6	-3.3
IVRA	Invesco Real Assets ESG ETF	11.6	59	-19	6.0	-2.9
FXZ	First Trust Materials AlphaDEX Fund	11.6	61	-21	7.7	-1.2
IYM	iShares U.S. Basic Materials ETF	11.6	40	0	5.0	-3.9
FNDF	Schwab Fundamental International Large Co. Index ETF	11.5	25	15	8.1	-0.8
LGCF	Themes US Cash Flow Champions ETF	11.5	30	10	7.3	-1.6
FXN	First Trust Energy AlphaDEX Fund	11.5	62	-22	13.3	+4.4
DRLL	Strive U.S. Energy ETF	11.4	41	-1	9.3	+0.4
FTA	First Trust Large Cap Value AlphaDEX Fund	11.4	59	-19	7.8	-1.1
ONEY	State Street SPDR Russell 1000 Yield Focus ETF	11.2	20	20	9.0	+0.1
EQIN	Columbia US Equity Income ETF	11.2	35	5	6.2	-2.7
COPX	Global X Copper Miners ETF	11.2	65	-25	4.1	-4.8
FTRI	First Trust Indxx Global Natural Resources Income ETF	11.0	70	-30	6.4	-2.5
SGDM	Sprott Gold Miners ETF	10.9	50	-10	2.0	-6.9
DFUV	Dimensional US Marketwide Value ETF	10.9	22	18	6.4	-2.5
ICOW	Pacer Developed Markets International Cash Cows 100 ETF	10.7	65	-25	9.7	+0.8
WOOD	iShares Global Timber & Forestry ETF	10.6	42	-2	11.5	+2.6
FDL	First Trust Morningstar Dividend Leaders Index Fund	10.4	45	-5	9.6	+0.7
STXV	Strive 1000 Value ETF	10.4	18	22	7.1	-1.8
TPHE	Timothy Plan High Dividend Stock Enhanced ETF	10.1	54	-14	6.6	-2.3
FTAG	First Trust Indxx Global Agriculture ETF	10.0	70	-30	7.4	-1.5
DIVN	Horizon Dividend Income ETF	10.0	70	-30	6.7	-2.2
EQRR	ProShares Equities for Rising Rates ETF	9.8	35	5	6.7	-2.2
PXF	Invesco FTSE RAFI Developed Markets ex-U.S. ETF	9.8	45	-5	7.4	-1.5
XOP	State Street SPDR S&P Oil & Gas Exploration & Production ETF	9.7	35	5	13.8	+4.9
HDV	iShares Core High Dividend ETF	9.7	8	32	6.3	-2.6
DIVL	Madison Dividend Value ETF	9.7	65	-25	4.7	-4.2
PWV	Invesco Large Cap Value ETF	9.7	55	-15	6.8	-2.1
EV	Mast Global Battery Recycling & Production ETF	9.6	65	-25	7.2	-1.7
SZNE	Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF	9.6	60	-20	4.9	-4.0
RFDI	First Trust Riverfront Dynamic Developed International ETF	9.5	83	-43	8.0	-0.9
DHS	WisdomTree U.S. High Dividend Fund	9.5	38	2	7.2	-1.7
DEW	WisdomTree Global High Dividend Fund	9.5	58	-18	7.5	-1.4
COPA	Themes Copper Miners ETF	9.5	35	5	3.5	-5.4
RING	iShares MSCI Global Gold Miners ETF	9.3	39	1	2.8	-6.1
PXI	Invesco Dorsey Wright Energy Momentum ETF	9.2	60	-20	6.1	-2.8
DURA	VanEck Durable High Dividend ETF	9.2	29	11	6.6	-2.3
IUS	Invesco RAFI Strategic US ETF	9.1	19	21	6.0	-2.9
LVHI	Franklin International Low Volatility High Dividend Index ET	9.1	40	0	9.1	+0.2
FEGE	First Eagle Global Equity ETF	9.1	79	-39	5.6	-3.3
SCHY	Schwab International Dividend Equity ETF	9.1	14	26	8.7	-0.2
BBCA	JPMorgan BetaBuilders Canada ETF	9.1	19	21	5.5	-3.4
SCHD	Schwab US Dividend Equity ETF	9.1	6	34	8.7	-0.2
FLCA	Franklin FTSE Canada ETF	9.0	9	31	5.6	-3.3
FNDX	Schwab Fundamental US Large Co. Index ETF	9.0	25	15	6.3	-2.6
VOE	Vanguard Mid-Cap Value ETF	9.0	7	33	6.9	-2.0
AKAF	The Frontier Economic Fund	8.9	20	20	5.5	-3.4
AGMI	Themes Silver Miners ETF	8.9	35	5	2.9	-6.0
DGRW	WisdomTree US Quality Dividend Growth Fund	8.8	28	12	4.8	-4.1
TPHD	Timothy Plan High Dividend Stock ETF	8.8	52	-12	6.4	-2.5
FEX	First Trust Large Cap Core AlphaDEX Fund	8.8	59	-19	5.0	-3.9
HDEF	Xtrackers MSCI EAFE High Dividend Yield Equity ETF	8.7	9	31	8.3	-0.6
SFGV	Sequoia Global Value ETF	8.7	23	17	7.4	-1.5
PTL	Inspire 500 ETF	8.6	9	31	4.7	-4.2
NVIR	Horizon Kinetics Energy and Remediation ETF	8.6	85	-45	5.8	-3.1
MOO	VanEck Agribusiness ETF	8.6	53	-13	9.5	+0.6
LVDS	JPMorgan Fundamental Data Science Large Value ETF	8.6	49	-9	5.7	-3.2
BATT	Amplify Lithium & Battery Technology ETF	8.5	59	-19	1.6	-7.3
SLVP	iShares MSCI Global Silver Miners ETF	8.5	39	1	3.1	-5.8
SURE	AdvisorShares Insiders Advantage ETF	8.5	90	-50	8.3	-0.6
IMCV	iShares Morningstar Mid-Cap Value ETF	8.5	6	34	7.2	-1.7
FBCV	Fidelity Blue Chip Value ETF	8.5	59	-19	6.4	-2.5
FNDB	Schwab Fundamental US Broad Market Index ETF	8.4	25	15	6.3	-2.6
EFV	iShares MSCI EAFE Value ETF	8.4	34	6	7.7	-1.2
VFLO	VictoryShares Free Cash Flow ETF	8.4	39	1	8.7	-0.2
VYM	Vanguard High Dividend Yield Index ETF	8.4	6	34	6.3	-2.6
EIPI	FT Energy Income Partners Enhanced Income ETF	8.3	110	-70	6.3	-2.6
FLGB	Franklin FTSE United Kingdom ETF	8.2	9	31	6.6	-2.3
JPUS	JPMorgan Diversified Return U.S. Equity ETF	8.1	18	22	7.0	-1.9
REVS	Columbia Research Enhanced Value ETF	8.1	19	21	6.9	-2.0
FAB	First Trust Multi Cap Value AlphaDEX Fund	8.1	67	-27	8.7	-0.2
EWU	iShares MSCI United Kingdom ETF	8.0	50	-10	6.9	-2.0
DVY	iShares Select Dividend ETF	7.9	38	2	8.3	-0.6
XME	State Street SPDR S&P Metals & Mining ETF	7.9	35	5	5.1	-3.8
DIVB	iShares Core Dividend ETF	7.9	5	35	7.3	-1.6
EPP	iShares MSCI Pacific ex-Japan ETF	7.8	47	-7	4.9	-4.0
BBAX	JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF	7.8	19	21	5.1	-3.8
VLU	State Street SPDR S&P 1500 Value Tilt ETF	7.8	12	28	6.5	-2.4
ECML	Euclidean Fundamental Value ETF	7.7	95	-55	8.7	-0.2
VFVA	Vanguard U.S. Value Factor ETF	7.7	13	27	9.4	+0.5
IDV	iShares International Select Dividend ETF	7.6	51	-11	9.4	+0.5
FLAU	Franklin FTSE Australia ETF	7.6	9	31	6.0	-2.9
EWA	iShares MSCI Australia ETF	7.6	50	-10	5.6	-3.3
DVYA	iShares Asia/Pacific Dividend ETF	7.6	49	-9	6.8	-2.1
BLES	Inspire Global Hope ETF	7.5	61	-21	6.0	-2.9
WWJD	Inspire International ETF	7.5	80	-40	6.4	-2.5
DLN	WisdomTree U.S. LargeCap Dividend Fund	7.5	28	12	5.3	-3.6
IVLU	iShares MSCI Intl Value Factor ETF	7.5	30	10	8.6	-0.3
DFIV	Dimensional International Value ETF	7.5	27	13	8.0	-0.9
DFVX	Dimensional US Large Cap Vector ETF	7.4	22	18	5.3	-3.6
FTIF	First Trust Bloomberg Inflation Sensitive Equity ETF	7.4	60	-20	6.8	-2.1
AVLV	Avantis U.S. Large Cap Value ETF	7.4	15	25	6.6	-2.3
VTV	Vanguard Value ETF	7.4	4	36	6.0	-2.9
FYLD	Cambria Foreign Shareholder Yield ETF	7.3	59	-19	10.3	+1.4
TXS	Texas Capital Texas Equity Index ETF	7.3	49	-9	5.2	-3.7
PRF	Invesco FTSE RAFI US 1000 ETF	7.2	39	1	5.9	-3.0
NBCT	Neuberger Berman Carbon Transition Infrastructure ETF	7.2	55	-15	6.0	-2.9
SNPD	Xtrackers S&P ESG Dividend Aristocrats ETF	7.2	15	25	6.9	-2.0
EQAL	Invesco Russell 1000 Equal Weight ETF	7.1	20	20	6.3	-2.6
VO	Vanguard Mid-Cap ETF	7.0	4	36	5.3	-3.6
QDIV	Global X S&P 500 Quality Dividend ETF	7.0	20	20	8.0	-0.9
VOOV	Vanguard S&P 500 Value ETF	7.0	7	33	5.5	-3.4
FCTR	First Trust Lunt U.S. Factor Rotation ETF	7.0	65	-25	1.7	-7.2
RWL	Invesco S&P 500 Revenue ETF	7.0	39	1	5.9	-3.0
DTD	WisdomTree U.S. Total Dividend Fund	7.0	28	12	5.6	-3.3
RPV	Invesco S&P 500 Pure Value ETF	6.9	35	5	9.0	+0.1
MBOX	Freedom Day Dividend ETF	6.9	39	1	6.7	-2.2
TPLE	Timothy Plan Us Large/Mid Cap Core Enhanced ETF	6.9	58	-18	5.0	-3.9
IMCB	iShares Morningstar Mid-Cap ETF	6.9	4	36	5.5	-3.4
SSPY	Syntax Stratified LargeCap ETF	6.8	30	10	5.9	-3.0
SDY	State Street SPDR S&P Dividend ETF	6.8	35	5	6.1	-2.8
INEQ	Columbia International Equity Income ETF	6.8	45	-5	7.5	-1.4
QARP	Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	6.8	19	21	5.3	-3.6
IQLT	iShares MSCI Intl Quality Factor ETF	6.8	30	10	5.3	-3.6
SMRI	Bushido Capital US Equity ETF	6.8	71	-31	8.7	-0.2
CRTC	Xtrackers US National Critical Technologies ETF	6.8	35	5	4.1	-4.8
FUNL	CornerCap Fundametrics Large-Cap ETF	6.7	50	-10	6.3	-2.6
STXI	Strive International Developed Markets ETF	6.7	29	11	5.6	-3.3
VSDA	VictoryShares Dividend Accelerator ETF	6.7	35	5	6.5	-2.4
SPDV	AAM S&P 500 High Dividend Value ETF	6.7	29	11	10.5	+1.6
FEOE	First Eagle Overseas Equity ETF	6.7	79	-39	5.9	-3.0
QVAL	Alpha Architect US Quantitative Value ETF	6.6	39	1	8.5	-0.4
WTV	WisdomTree US Value Fund of Benef Interest	6.6	12	28	7.7	-1.2
CDL	VictoryShares US Large Cap High Dividend Volatility Wtd ETF	6.6	35	5	7.1	-1.8
CDC	VictoryShares US EQ Income Enhanced Volatility Wtd ETF	6.6	38	2	7.0	-1.9
TPLC	Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	6.5	52	-12	4.9	-4.0
LIVR	Intelligent Livermore ETF	6.5	69	-29	2.9	-6.0
VYMI	Vanguard International High Dividend Yield ETF	6.5	17	23	8.2	-0.7
FDT	First Trust Developed Markets ex-US AlphaDEX Fund	6.5	80	-40	7.3	-1.6
DTH	WisdomTree International High Dividend Fund	6.4	58	-18	7.4	-1.5
IVE	iShares S&P 500 Value ETF	6.4	18	22	5.4	-3.5
SCHV	Schwab U.S. Large-Cap Value ETF	6.4	4	36	5.9	-3.0
IDOG	ALPS International Sector Dividend Dogs ETF	6.4	50	-10	10.6	+1.7
ONEO	State Street SPDR Russell 1000 Momentum Focus ETF	6.4	20	20	5.8	-3.1
SPYV	State Street SPDR Portfolio S&P 500 Value ETF	6.4	4	36	5.5	-3.4
SLX	VanEck Steel ETF	6.4	56	-16	11.7	+2.8
VONV	Vanguard Russell 1000 Value ETF	6.4	7	33	5.7	-3.2
EBI	Longview Advantage ETF	6.4	35	5	5.8	-3.1
GINX	SGI Enhanced Global Income ETF	6.4	98	-58	6.9	-2.0
DIVI	Franklin International Core Dividend Tilt Index ETF	6.4	9	31	6.9	-2.0
AVIV	Avantis International Large Cap Value ETF	6.4	25	15	7.4	-1.5
IQDF	FlexShares International Quality Dividend Index Fund	6.4	47	-7	7.6	-1.3
IWD	iShares Russell 1000 Value ETF	6.3	19	21	5.6	-3.3
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	6.3	35	5	5.5	-3.4
FTDS	First Trust Dividend Strength ETF	6.3	70	-30	7.3	-1.6
IWS	iShares Russell Mid-Cap Value ETF	6.3	23	17	6.2	-2.7
MDLV	Morgan Dempsey Large Cap Value ETF	6.3	58	-18	6.5	-2.4
DGLO	First Trust RBA Deglobalization ETF	6.2	70	-30	5.7	-3.2
HLAL	Wahed FTSE USA Shariah ETF	6.2	50	-10	3.9	-5.0
CSTK	Invesco Comstock Contrarian Equity ETF	6.2	35	5	6.0	-2.9
IPKW	Invesco International BuyBack Achievers ETF	6.2	55	-15	7.9	-1.0
IUSV	iShares Core S&P US Value ETF	6.2	4	36	5.7	-3.2
AFOS	ARS Focused Opportunities Strategy ETF	6.1	45	-5	2.4	-6.5
IWX	iShares Russell Top 200 Value ETF	6.1	20	20	5.2	-3.7
GVUS	Marketbeta Russell 1000 Value Equity ETF	6.1	12	28	5.7	-3.2
AVMV	Avantis U.S. Mid Cap Value ETF	6.1	20	20	7.5	-1.4
SYLD	Cambria Shareholder Yield ETF	6.1	59	-19	11.0	+2.1
FIVA	Fidelity International Value Factor ETF	6.1	18	22	8.0	-0.9
EUSC	WisdomTree Europe Hedged SmallCap Equity Fund	6.0	58	-18	7.3	-1.6
DGRO	iShares Core Dividend Growth ETF	5.9	8	32	5.8	-3.1
WOMN	Impact Shares YWCA Women's Empowerment ETF	5.9	75	-35	4.9	-4.0
LYLD	Cambria Large Cap Shareholder Yield ETF	5.9	59	-19	8.5	-0.4
DGT	State Street SPDR Global Dow ETF	5.9	50	-10	5.9	-3.0
TTAI	FCF International Quality ETF	5.9	59	-19	6.5	-2.4
MGV	Vanguard Mega Cap Value ETF	5.9	7	33	5.7	-3.2
GEW	Cambria Global EW ETF	5.9	29	11	5.3	-3.6
SDOG	ALPS Sector Dividend Dogs ETF	5.9	36	4	8.6	-0.3
JPME	JPMorgan Diversified Return U.S. Mid Cap Equity ETF	5.8	24	16	7.3	-1.6
UMMA	Wahed Dow Jones Islamic World ETF	5.8	65	-25	3.9	-5.0
CZA	Invesco Zacks Mid-Cap ETF	5.8	72	-32	6.7	-2.2
SPMV	Invesco S&P 500 Minimum Variance ETF	5.8	10	30	5.0	-3.9
DEUS	Xtrackers Russell US Multifactor ETF	5.8	17	23	6.0	-2.9
QEFA	SPDR MSCI EAFE StrategicFactors ETF	5.8	30	10	6.0	-2.9
INTF	iShares International Equity Factor ETF	5.7	15	25	6.5	-2.4
CWI	SPDR MSCI ACWI ex-US ETF	5.7	30	10	6.4	-2.5
XOEF	iShares S&P 500 ex S&P 100 ETF	5.7	20	20	4.8	-4.1
ABEQ	Absolute Select Value ETF	5.6	85	-45	4.3	-4.6
AUMI	Themes Gold Miners ETF	5.6	35	5	2.5	-6.4
GMET	VanEck Green Metals ETF	5.6	63	-23	5.3	-3.6
UIVM	VictoryShares International Value Momentum ETF	5.6	35	5	7.5	-1.4
TPIF	Timothy Plan International ETF	5.5	62	-22	5.4	-3.5
SCHF	Schwab International Equity ETF	5.5	6	34	6.2	-2.7
RSP	Invesco S&P 500 Equal Weight ETF	5.5	20	20	5.9	-3.0
ILCV	iShares Morningstar Value ETF	5.4	4	36	5.6	-3.3
IDEV	iShares Core MSCI International Developed Markets ETF	5.4	4	36	6.0	-2.9
SIZE	iShares MSCI USA Size Factor ETF	5.4	15	25	5.5	-3.4
YLDE	ClearBridge Dividend Strategy ESG ETF	5.4	60	-20	5.0	-3.9
EUSA	iShares MSCI USA Equal Weighted ETF	5.4	9	31	5.5	-3.4
ICAP	InfraCap Equity Income Fund ETF	5.3	171	-131	3.8	-5.1
PRXV	Praxis Impact Large Cap Value ETF	5.3	36	4	5.8	-3.1
EVUS	iShares ESG Aware MSCI USA Value ETF	5.3	18	22	5.6	-3.3
QLV	FlexShares US Quality Low Volatility Index Fund	5.3	22	18	5.1	-3.8
JHMD	John Hancock Multifactor Developed International ETF	5.3	39	1	6.5	-2.4
BKIE	BNY Mellon International Equity ETF	5.3	4	36	6.0	-2.9
SPDW	SPDR Portfolio Developed World ex-US ETF	5.3	3	37	6.0	-2.9
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ETF	5.3	7	33	10.0	+1.1
IWR	iShares Russell Midcap ETF	5.2	19	21	5.4	-3.5
GDX	VanEck Gold Miners ETF	5.2	51	-11	2.4	-6.5
BBLU	EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF	5.2	15	25	4.4	-4.5
VWID	Virtus WMC International Dividend ETF	5.2	49	-9	7.4	-1.5
MFUS	PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	5.2	29	11	5.6	-3.3
DIVD	Altrius Global Dividend ETF Altrius Global Divid ETF	5.1	49	-9	8.0	-0.9
CBSE	Clough Select Equity ETF	5.1	85	-45	0.8	-8.1
VEA	Vanguard FTSE Developed Markets ETF	5.1	3	37	6.1	-2.8
IVAL	Alpha Architect International Quantitative Value ETF	5.1	49	-9	8.9	+0.0
FEP	First Trust Europe AlphaDEX Fund	5.1	80	-40	6.9	-2.0
BIBL	Inspire 100 ETF	5.0	35	5	4.4	-4.5
PPIE	Putnam PanAgora ESG International Equity ETF	5.0	49	-9	6.9	-2.0
BGIG	Bahl & Gaynor Income Growth ETF	5.0	45	-5	4.6	-4.3
FIDI	Fidelity International High Dividend ETF	5.0	18	22	7.4	-1.5
CEFA	Global X S&P Catholic Values Developed ex-US ETF	5.0	35	5	5.7	-3.2
PKW	Invesco Buyback Achievers ETF	5.0	62	-22	7.0	-1.9
BBEU	JPMorgan BetaBuilders Europe ETF	4.9	9	31	6.2	-2.7
IEV	iShares Europe ETF	4.9	67	-27	5.7	-3.2
TBG	TBG Dividend Focus ETF	4.9	59	-19	7.1	-1.8
JIRE	JPMorgan International Research Enhanced Equity ETF	4.9	24	16	6.3	-2.6
ULVM	VictoryShares US Value Momentum ETF	4.9	20	20	6.5	-2.4
SGLC	SGI U.S. Large Cap Core ETF	4.9	85	-45	3.3	-5.6
GSEW	Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	4.9	9	31	5.4	-3.5
XMAG	Defiance Large Cap ex-Mag 7 ETF	4.8	35	5	4.5	-4.4
ION	ProShares S&P Global Core Battery Metals ETF	4.8	58	-18	5.1	-3.8
FDEV	Fidelity International Multifactor ETF	4.8	18	22	6.6	-2.3
CGDG	Capital Group Dividend Growers ETF	4.8	47	-7	5.4	-3.5
FELV	Fidelity Enhanced Large Cap Value ETF	4.7	18	22	5.9	-3.0
IQDY	FlexShares International Quality Dividend Dynamic Index Fund	4.7	47	-7	7.0	-1.9
SPHD	Invesco S&P 500 High Dividend Low Volatility ETF	4.7	30	10	9.5	+0.6
RBLD	First Trust Alerian US NextGen Infrastructure ETF	4.7	65	-25	4.3	-4.6
SPXT	ProShares S&P 500 Ex-Technology ETF	4.7	9	31	4.8	-4.1
JPIN	J.P. Morgan Diversified Return International Equity ETF	4.7	37	3	7.2	-1.7
KROP	Global X AgTech & Food Innovation ETF	4.7	50	-10	7.6	-1.3
INFL	Horizon Kinetics Inflation Beneficiaries ETF	4.7	85	-45	3.0	-5.9
DOL	WisdomTree International LargeCap Dividend Fund	4.7	48	-8	6.1	-2.8
DBEU	Xtrackers MSCI Europe Hedged Equity ETF	4.7	46	-6	5.9	-3.0
FLEE	Franklin FTSE Europe ETF	4.7	9	31	6.3	-2.6
FFTY	Innovator IBD 50 ETF	4.6	80	-40	-1.8	-10.7
EFA	iShares MSCI EAFE ETF	4.6	35	5	5.7	-3.2
CFA	VictoryShares US 500 Volatility Wtd ETF	4.6	35	5	5.3	-3.6
CFO	VictoryShares US 500 Enhanced Volatility Wtd ETF	4.6	40	0	5.2	-3.7
QWLD	SPDR MSCI World StrategicFactors ETF	4.6	30	10	5.1	-3.8
AVUS	Avantis U.S. Equity ETF	4.6	15	25	5.0	-3.9
AFLG	First Trust Active Factor Large Cap ETF	4.5	55	-15	5.4	-3.5
LCTD	BlackRock World ex U.S. Carbon Transition Readiness ETF	4.5	20	20	5.6	-3.3
SMOT	VanEck Morningstar SMID Moat ETF	4.5	49	-9	5.8	-3.1
IYK	iShares U.S. Consumer Staples ETF	4.5	40	0	5.9	-3.0
ACWX	iShares MSCI ACWI ex U.S. ETF	4.5	34	6	6.4	-2.5
FDVV	Fidelity High Dividend ETF	4.5	15	25	7.0	-1.9
DBEF	Xtrackers MSCI EAFE Hedged Equity ETF	4.5	36	4	5.8	-3.1
COWG	Pacer US Large Cap Cash Cows Growth Leaders ETF	4.5	49	-9	4.0	-4.9
GSID	Goldman Sachs MarketBeta International Equity ETF	4.5	20	20	5.8	-3.1
NACP	Impact Shares NAACP Minority Empowerment ETF	4.5	49	-9	4.0	-4.9
DSPY	Tema S&P 500 Historical Weight ETF	4.4	18	22	4.5	-4.4
CIL	VictoryShares International Volatility Wtd ETF	4.4	45	-5	5.7	-3.2
MFDX	PIMCO RAFI Dynamic Multi-Factor International Equity ETF	4.4	39	1	5.8	-3.1
VSMV	VictoryShares US Multi-Factor Minimum Volatility ETF	4.4	35	5	5.0	-3.9
IEUR	iShares Core MSCI Europe ETF	4.3	11	29	6.3	-2.6
DFAI	Dimensional International Core Equity Market ETF	4.3	18	22	6.0	-2.9
HFXI	IQ FTSE International Equity Currency Neutral ETF	4.3	20	20	5.9	-3.0
FTXG	First Trust Nasdaq Food & Beverage ETF	4.3	60	-20	7.6	-1.3
VLUE	iShares MSCI USA Value Factor ETF	4.3	15	25	7.9	-1.0
GOP	Unusual Whales Subversive Republican Trading ETF	4.3	50	-10	4.7	-4.2
AVMC	Avantis U.S. Mid Cap Equity ETF	4.3	18	22	5.9	-3.0
EFAV	iShares MSCI EAFE Min Vol Factor ETF	4.3	22	18	5.5	-3.4
YALL	God Bless America ETF	4.3	65	-25	3.9	-5.0
EFNL	iShares MSCI Finland ETF	4.3	56	-16	5.8	-3.1
QUS	State Street SPDR MSCI USA StrategicFactors ETF	4.3	15	25	5.0	-3.9
TOK	iShares MSCI Kokusai ETF	4.3	26	14	4.3	-4.6
INRO	iShares U.S. Industry Rotation Active ETF	4.2	42	-2	4.0	-4.9
VEU	Vanguard FTSE All-World ex-US Index Fund	4.2	4	36	6.8	-2.1
GVLU	Gotham 1000 Value ETF	4.2	50	-10	8.2	-0.7
VRAI	Virtus Real Asset Income ETF	4.2	55	-15	9.5	+0.6
VGK	Vanguard FTSE Europe ETF	4.2	6	34	6.4	-2.5
PALC	Pacer Lunt Large Cap Multi-Factor Alternator ETF	4.2	60	-20	3.3	-5.6
CVAR	Cultivar ETF	4.1	87	-47	6.7	-2.2
RECS	Columbia Research Enhanced Core ETF	4.1	15	25	5.1	-3.8
ANEW	ProShares MSCI Transformational Changes ETF	4.1	45	-5	4.5	-4.4
WBAT	WisdomTree Battery Value Chain and Innovation Fund	4.1	45	-5	1.6	-7.3
ESGD	iShares ESG Aware MSCI EAFE ETF	4.1	20	20	5.7	-3.2
TMDV	ProShares Russell US Dividend Growers ETF	4.1	35	5	6.2	-2.7
DFAC	Dimensional U.S. Core Equity 2 ETF	4.1	17	23	4.7	-4.2
DXUV	Dimensional US Vector Equity ETF	4.1	28	12	5.2	-3.7
DSTX	Distillate International Fundamental Stability & Value ETF	4.1	55	-15	6.6	-2.3
FCPI	Fidelity Stocks for Inflation ETF	4.1	15	25	6.9	-2.0
URTH	iShares MSCI World ETF	4.1	24	16	4.4	-4.5
DCOR	Dimensional US Core Equity 1 ETF	4.1	14	26	4.6	-4.3
DIVG	Invesco S&P 500 High Dividend Growers ETF	4.0	39	1	7.7	-1.2
IDHQ	Invesco S&P International Developed High Quality ETF	4.0	29	11	5.3	-3.6
FENI	Fidelity Enhanced International ETF	4.0	28	12	5.6	-3.3
KLMN	Invesco MSCI North America Climate ETF	4.0	9	31	4.4	-4.5
RODM	Hartford Multifactor Developed Markets (ex-US) ETF	4.0	29	11	6.9	-2.0
IEFA	iShares Core MSCI EAFE ETF	4.0	7	33	6.1	-2.8
SPVM	Invesco S&P 500 Value with Momentum ETF	4.0	39	1	6.7	-2.2
KOKU	Xtrackers MSCI Kokusai Equity ETF	4.0	9	31	4.5	-4.4
PBJ	Invesco Food & Beverage ETF	3.9	57	-17	7.7	-1.2
DVND	Touchstone Dividend Select ETF	3.9	67	-27	4.9	-4.0
TOPC	iShares S&P 500 3% Capped ETF	3.9	15	25	4.4	-4.5
SPUS	SP Funds S&P 500 Sharia Industry Exclusions ETF	3.9	45	-5	3.6	-5.3
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	3.9	41	-1	6.4	-2.5
SETM	Sprott Energy Transition Materials ETF	3.9	65	-25	1.3	-7.6
SFTY	Horizon Managed Risk ETF	3.9	77	-37	3.5	-5.4
STOX	Horizon Core Equity ETF	3.9	70	-30	3.6	-5.3
JHML	John Hancock Multifactor Large Cap ETF	3.9	29	11	4.6	-4.3
SPGM	SPDR Portfolio MSCI Global Stock Market ETF	3.9	9	31	4.9	-4.0
FXG	First Trust Consumer Staples AlphaDEX Fund	3.9	63	-23	8.0	-0.9
LVHD	Franklin U.S. Low Volatility High Dividend Index ETF	3.9	27	13	6.6	-2.3
IEO	iShares U.S. Oil & Gas Exploration & Production ETF	3.9	40	0	12.3	+3.4
NUMV	Nuveen ESG Mid-Cap Value ETF	3.9	31	9	6.0	-2.9
FCFY	First Trust S&P 500 Diversified Free Cash Flow ETF	3.9	60	-20	8.8	-0.1
IXUS	iShares Core MSCI Total International Stock ETF	3.9	7	33	6.7	-2.2
ESGG	FlexShares STOXX Global ESG Select Index Fund	3.8	42	-2	4.7	-4.2
IOO	iShares Global 100 ETF	3.8	41	-1	3.9	-5.0
GSEU	Goldman Sachs ActiveBeta Europe Equity ETF	3.8	25	15	6.4	-2.5
DIVY	Sound Equity Dividend Income ETF	3.8	45	-5	9.0	+0.1
PFM	Invesco Dividend Achievers ETF	3.8	53	-13	4.6	-4.3
ESMV	iShares ESG MSCI USA Min Vol Factor ETF	3.8	18	22	5.0	-3.9
FKU	First Trust United Kingdom AlphaDEX Fund	3.8	80	-40	6.5	-2.4
USMC	Principal U.S. Mega-Cap ETF	3.8	12	28	4.0	-4.9
ONEV	State Street SPDR Russell 1000 Low Volatility Focus ETF	3.8	20	20	7.2	-1.7
RDIV	Invesco S&P Ultra Dividend Revenue ETF	3.7	39	1	10.7	+1.8
QINT	American Century Quality Diversified International ETF	3.7	39	1	6.1	-2.8
GXUS	Goldman Sachs MarketBeta Total International Equity ETF	3.7	18	22	6.5	-2.4
KLMT	Invesco MSCI Global Climate 500 ETF	3.7	10	30	5.0	-3.9
FLV	American Century Focused Large Cap Value ETF	3.7	42	-2	6.1	-2.8
TEKX	SPDR Galaxy Transformative Tech Accelerators ETF	3.7	65	-25	-1.1	-10.0
VXUS	Vanguard Total International Stock ETF	3.7	5	35	6.8	-2.1
JQUA	JPMorgan U.S. Quality Factor ETF	3.7	12	28	5.1	-3.8
CRAK	VanEck Oil Refiners ETF	3.7	61	-21	10.9	+2.0
GSIE	Goldman Sachs ActiveBeta International Equity ETF	3.7	25	15	6.2	-2.7
ACWI	iShares MSCI ACWI ETF	3.7	32	8	4.7	-4.2
TLTD	FlexShares Morningstar Developed Markets ex-US Factor Tilt	3.7	39	1	6.8	-2.1
BINV	Brandes International ETF	3.7	70	-30	8.1	-0.8
VNSE	Natixis Vaughan Nelson Select ETF	3.6	80	-40	4.1	-4.8
ESG	FlexShares Trust FlexShares STOXX US ESG Select Index Fund	3.6	32	8	4.3	-4.6
FFLC	Fidelity Fundamental Large Cap Core ETF	3.6	38	2	3.9	-5.0
PID	Invesco International Dividend Achievers ETF	3.6	53	-13	4.7	-4.2
SPXN	ProShares S&P 500 Ex-Financials ETF	3.6	9	31	4.1	-4.8
DIHP	Dimensional International High Profitability ETF	3.6	29	11	5.8	-3.1
EPS	WisdomTree U.S. LargeCap Fund	3.6	8	32	5.0	-3.9
JAVA	JPMorgan Active Value ETF	3.6	44	-4	5.5	-3.4
USMV	iShares MSCI USA Min Vol Factor ETF	3.6	15	25	5.0	-3.9
DTAN	Sparkline International Intangible Value ETF	3.5	55	-15	7.3	-1.6
IPAC	iShares Core MSCI Pacific ETF	3.5	9	31	5.7	-3.2
SHE	State Street SPDR MSCI USA Gender Diversity ETF	3.5	20	20	4.6	-4.3
SPDG	State Street SPDR Portfolio S&P Sector Neutral Dividend ETF	3.5	5	35	7.1	-1.8
QVML	Invesco S&P 500 QVM Multi-factor ETF	3.5	11	29	4.4	-4.5
OTGL	OTG Latin America ETF	3.5	269	-229	7.0	-1.9
PEY	Invesco High Yield Equity Dividend Achievers ETF	3.5	52	-12	8.8	-0.1
RVRB	Reverb ETF	3.5	30	10	4.0	-4.9
LGLV	State Street SPDR US Large Cap Low Volatility Index ETF	3.5	12	28	5.3	-3.6
WLDR	Affinity World Leaders Equity ETF	3.5	67	-27	6.4	-2.5
SPEU	SPDR Portfolio Europe ETF	3.5	7	33	6.3	-2.6
DFAU	Dimensional US Core Equity Market ETF	3.5	12	28	4.3	-4.6
VFMF	Vanguard U.S. Multifactor ETF	3.5	18	22	6.7	-2.2
KOCG	FIS Knights of Columbus Global Belief ETF	3.4	75	-35	4.4	-4.5
JHMM	John Hancock Multifactor Mid Cap ETF	3.4	42	-2	5.4	-3.5
AVDE	Avantis International Equity ETF	3.4	23	17	6.3	-2.6
QDEF	FlexShares Quality Dividend Defensive Index Fund	3.4	37	3	5.3	-3.6
AIVL	WisdomTree U.S. AI Enhanced Value Fund	3.4	38	2	5.6	-3.3
RAUS	RACWI US ETF	3.4	15	25	4.2	-4.7
FEZ	SPDR EURO STOXX 50 ETF	3.4	29	11	5.6	-3.3
IMTM	iShares MSCI Intl Momentum Factor ETF	3.4	30	10	4.7	-4.2
FVD	First Trust Value Line Dividend Index Fund	3.4	65	-25	5.6	-3.3
JVAL	JPMorgan U.S. Value Factor ETF	3.4	12	28	6.9	-2.0
SPXV	ProShares S&P 500 Ex-Health Care ETF	3.4	9	31	4.0	-4.9
BUL	Pacer US Cash Cows Growth ETF	3.4	60	-20	4.0	-4.9
STRN	SMART Trend 25 ETF	3.4	59	-19	2.6	-6.3
FTGS	First Trust Growth Strength ETF	3.4	60	-20	3.6	-5.3
SNPE	Xtrackers S&P 500 ESG ETF	3.4	10	30	4.3	-4.6
FPA	First Trust Asia Pacific ex-Japan AlphaDEX Fund	3.4	80	-40	8.3	-0.6
VFMV	Vanguard U.S. Minimum Volatility ETF	3.4	13	27	5.2	-3.7
UDI	USCF Dividend Income Fund	3.3	65	-25	7.2	-1.7
DXIV	Dimensional International Vector Equity ETF	3.3	34	6	6.6	-2.3
VT	Vanguard Total World Stock ETF	3.3	6	34	5.1	-3.8
GLOF	iShares Global Equity Factor ETF	3.3	20	20	5.9	-3.0
ACVF	American Conservative Values ETF	3.3	75	-35	3.6	-5.3
JUST	Goldman Sachs JUST U.S. Large Cap Equity ETF	3.3	20	20	4.4	-4.5
DDWM	WisdomTree Dynamic Currency Hedged International Equity Fund	3.3	40	0	6.4	-2.5
DWM	WisdomTree International Equity Fund	3.3	48	-8	6.3	-2.6
EWQ	iShares MSCI France ETF	3.3	53	-13	6.1	-2.8
AIEQ	AI Powered Equity ETF	3.3	75	-35	4.0	-4.9
CHRI	Global X S&P 500 Christian Values ETF	3.3	29	11	4.0	-4.9
VOO	Vanguard S&P 500 ETF	3.2	3	37	4.3	-4.6
HDUS	Hartford Disciplined US Equity ETF	3.2	19	21	5.0	-3.9
GXLC	Global X U.S. 500 ETF	3.2	2	38	4.2	-4.7
OEI	Optimized Equity Income ETF	3.2	75	-35	3.2	-5.7
NETZ	TCW Transform Systems ETF	3.2	75	-35	2.0	-6.9
DAK	Dakota Active Equity ETF	3.2	43	-3	3.7	-5.2
IVV	iShares Core S&P 500 ETF	3.2	3	37	4.3	-4.6
SPY	SPDR S&P 500 ETF	3.2	9	31	4.2	-4.7
ROUS	Hartford Multifactor US Equity ETF	3.2	19	21	6.0	-2.9
FVAL	Fidelity Value Factor ETF	3.2	15	25	5.9	-3.0
SPYM	State Street SPDR Portfolio S&P 500 ETF	3.2	2	38	4.2	-4.7
CATH	Global X S&P 500 Catholic Values Custom ETF	3.2	29	11	4.0	-4.9
STRV	Strive 500 ETF	3.2	5	35	4.1	-4.8
KRMA	Global X Conscious Companies ETF	3.2	43	-3	5.2	-3.7
DMAT	Global X Disruptive Materials ETF	3.1	59	-19	4.9	-4.0
VV	Vanguard Large-Cap ETF	3.1	4	36	4.2	-4.7
GPT	Intelligent Alpha Atlas ETF	3.1	69	-29	4.9	-4.0
FMDE	Fidelity Enhanced Mid Cap ETF	3.1	23	17	5.2	-3.7
BFOR	ALPS Barron's 400 ETF	3.1	65	-25	4.9	-4.0
VONE	Vanguard Russell 1000 ETF	3.1	7	33	4.3	-4.6
SWP	SWP Growth & Income ETF	3.1	99	-59	3.6	-5.3
FEUZ	First Trust Eurozone AlphaDEX ETF	3.1	80	-40	6.5	-2.4
TOV	JLens 500 Jewish Advocacy U.S. ETF	3.1	18	22	4.0	-4.9
VIG	Vanguard Dividend Appreciation ETF	3.1	5	35	4.9	-4.0
JGLO	JPMorgan Global Select Equity ETF	3.1	33	7	4.3	-4.6
ILCB	iShares Morningstar U.S. Equity ETF	3.1	3	37	4.2	-4.7
BRAZ	Global X Brazil Active ETF	3.1	75	-35	10.5	+1.6
EZU	iShares MSCI Eurozone ETF	3.1	52	-12	5.7	-3.2
BEEX	BeeHive ETF	3.1	84	-44	3.6	-5.3
ADME	Aptus Drawdown Managed Equity ETF	3.1	79	-39	3.3	-5.6
PY	Principal Value ETF	3.1	15	25	6.5	-2.4
HAPI	Harbor Human Capital Factor US Large Cap ETF	3.1	36	4	4.3	-4.6
IWB	iShares Russell 1000 ETF	3.1	15	25	4.2	-4.7
IMCG	iShares Morningstar Mid-Cap Growth ETF	3.1	6	34	3.6	-5.3
HGRO	Hedgeye Quality Growth ETF	3.1	70	-30	2.9	-6.0
BMVP	Invesco Bloomberg MVP Multi-factor ETF	3.1	29	11	6.3	-2.6
BKLC	BNY Mellon US Large Cap Core Equity ETF	3.1	0	40	4.3	-4.6
CCSO	Carbon Collective Climate Solutions US Equity ETF	3.1	35	5	1.1	-7.8
VOTE	TCW Transform 500 ETF	3.1	5	35	4.2	-4.7
SCHX	Schwab U.S. Large-Cap ETF	3.0	3	37	4.3	-4.6
PBUS	Invesco MSCI USA ETF	3.0	4	36	4.2	-4.7
SPTM	State Street SPDR Portfolio S&P 1500 Composite Stock Market	3.0	3	37	4.4	-4.5
IYY	iShares Dow Jones U.S. ETF	3.0	20	20	4.1	-4.8
EASG	Xtrackers MSCI EAFE ESG Leaders Equity ETF	3.0	14	26	5.5	-3.4
FLOW	Global X U.S. Cash Flow Kings 100 ETF	3.0	25	15	10.7	+1.8
BBUS	JP Morgan Betabuilders U.S. Equity ETF	3.0	2	38	4.3	-4.6
HDMV	First Trust Horizon Managed Volatility Developed Intl ETF	3.0	80	-40	5.5	-3.4
DFUS	Dimensional U.S. Equity ETF	3.0	9	31	4.1	-4.8
NUDV	Nuveen ESG Dividend ETF	3.0	26	14	6.7	-2.2
SCHK	Schwab 1000 Index ETF	3.0	5	35	4.3	-4.6
GSUS	Goldman Sachs MarketBeta U.S. Equity ETF	3.0	7	33	4.2	-4.7
QLC	FlexShares US Quality Large Cap Index Fund	3.0	25	15	4.5	-4.4
VTHR	Vanguard Russell 3000 ETF	3.0	7	33	4.2	-4.7
SNPV	Xtrackers S&P 500 Value ESG ETF	3.0	15	25	6.1	-2.8
VPL	Vanguard FTSE Pacific ETF	3.0	7	33	5.8	-3.1
IWV	iShares Russell 3000 ETF	2.9	20	20	4.1	-4.8
VTI	Vanguard Total Stock Market ETF	2.9	3	37	4.2	-4.7
GUSA	Goldman Sachs MarketBeta U.S. 1000 Equity ETF	2.9	11	29	4.2	-4.7
COPY	Tweedy, Browne Insider + Value ETF	2.9	80	-40	10.2	+1.3
EQWL	Invesco S&P 100 Equal Weight ETF	2.9	25	15	5.4	-3.5
APUE	ActivePassive U.S. Equity ETF	2.9	45	-5	3.9	-5.0
SCHB	Schwab U.S. Broad Market ETF	2.9	3	37	4.3	-4.6
DFIC	Dimensional International Core Equity 2 ETF	2.9	23	17	6.3	-2.6
ITOT	iShares Core S&P Total U.S. Stock Market ETF	2.9	3	37	4.2	-4.7
KNGZ	First Trust S&P 500 Diversified Dividend Aristocrats ETF	2.9	50	-10	7.6	-1.3
IQDG	WisdomTree International Quality Dividend Growth Fund	2.9	42	-2	6.0	-2.9
FDRR	Fidelity Dividend ETF for Rising Rates	2.9	15	25	6.2	-2.7
GSPY	Gotham Enhanced 500 ETF	2.9	50	-10	4.5	-4.4
DEEF	Xtrackers FTSE Developed ex US Multifactor ETF	2.9	24	16	6.4	-2.5
TILT	FlexShares Morningstar US Market Factor Tilt Index Fund	2.9	25	15	4.7	-4.2
PABD	iShares Paris-Aligned Climate MSCI World ex USA ETF	2.9	12	28	5.2	-3.7
IHDG	WisdomTree International Hedged Quality Dividend Growth Fund	2.9	58	-18	5.8	-3.1
URA	Global X Uranium ETF	2.8	69	-29	0.8	-8.1
USCL	iShares Climate Conscious & Transition MSCI USA ETF	2.8	8	32	4.3	-4.6
DFAX	Dimensional World ex U.S. Core Equity 2 ETF	2.8	30	10	6.6	-2.3
TIIV	AAM Todd International Intrinsic Value ETF	2.8	54	-14	9.8	+0.9
FSCS	First Trust SMID Capital Strength ETF	2.8	60	-20	6.1	-2.8
DBEZ	Xtrackers MSCI Eurozone Hedged Equity ETF	2.8	45	-5	6.0	-2.9
QUVU	Hartford Quality Value ETF	2.8	46	-6	6.6	-2.3
RNMC	First Trust Mid Cap US Equity Select ETF	2.8	60	-20	5.9	-3.0
SHRY	First Trust Bloomberg Shareholder Yield ETF	2.8	60	-20	8.9	+0.0
LSAF	LeaderShares AlphaFactor US Core Equity ETF	2.8	75	-35	6.4	-2.5
VSLU	Applied Finance Valuation Large Cap ETF	2.8	49	-9	4.8	-4.1
DWX	SPDR S&P International Dividend ETF	2.8	45	-5	6.8	-2.1
BRIF	FIS Bright Portfolios Focused Equity ETF	2.8	65	-25	3.9	-5.0
SIXA	ETC 6 Meridian Mega Cap Equity ETF	2.8	80	-40	6.1	-2.8
USCA	Xtrackers MSCI USA Climate Action Equity ETF	2.7	7	33	4.5	-4.4
CVY	Invesco Zacks Multi-Asset Income ETF	2.7	106	-66	10.3	+1.4
FQAL	Fidelity Quality Factor ETF	2.7	15	25	4.8	-4.1
YOKE	Yoke Core ETF	2.7	42	-2	4.0	-4.9
POWA	Invesco Bloomberg Pricing Power ETF	2.7	40	0	5.0	-3.9
UPGD	Invesco Bloomberg Analyst Rating Improvers ETF	2.7	40	0	5.2	-3.7
FDLO	Fidelity Low Volatility Factor ETF	2.7	15	25	4.8	-4.1
TOPT	iShares Top 20 U.S. Stocks ETF	2.7	20	20	3.3	-5.6
ALTL	Pacer Lunt Large Cap Alternator ETF	2.7	60	-20	4.2	-4.7
DJD	Invesco Dow Jones Industrial Average Dividend ETF	2.7	7	33	6.8	-2.1
AGQI	First Trust Active Global Quality Income ETF	2.7	85	-45	4.6	-4.3
EDOW	First Trust Dow 30 Equal Weight ETF	2.7	50	-10	4.6	-4.3
BDIV	AAM Brentview Dividend Growth ETF	2.7	49	-9	3.7	-5.2
BKCI	BNY Mellon Concentrated International ETF	2.7	80	-40	4.5	-4.4
FCG	First Trust Natural Gas ETF	2.7	60	-20	17.5	+8.6
ABLD	Abacus FCF Real Assets Leaders ETF	2.7	69	-29	6.2	-2.7
ICPY	Tweedy, Browne International Insider Value ETF	2.7	80	-40	9.9	+1.0
FGD	First Trust Dow Jones Global Select Dividend Index Fund	2.6	56	-16	10.0	+1.1
LCDS	JPMorgan Fundamental Data Science Large Core ETF	2.6	30	10	4.1	-4.8
LRGF	iShares U.S. Equity Factor ETF	2.6	8	32	4.8	-4.1
ESGU	iShares ESG Aware MSCI USA ETF	2.6	15	25	4.2	-4.7
PRAY	FIS Christian Stock Fund	2.6	69	-29	4.3	-4.6
SCHM	Schwab U.S. Mid-Cap ETF	2.6	4	36	6.0	-2.9
ROE	Astoria US Quality Kings ETF	2.6	49	-9	5.6	-3.3
FSST	Fidelity Sustainable U.S. Equity ETF	2.6	59	-19	3.6	-5.3
IWL	iShares Russell Top 200 ETF	2.5	15	25	3.9	-5.0
FLRG	Fidelity U.S. Multifactor ETF	2.5	15	25	6.1	-2.8
DON	WisdomTree U.S. MidCap Dividend Fund	2.5	38	2	8.1	-0.8
SPEM	SPDR Portfolio Emerging Markets ETF	2.5	7	33	9.2	+0.3
PAVE	Global X U.S. Infrastructure Development ETF	2.5	47	-7	4.4	-4.5
FDMO	Fidelity Momentum Factor ETF	2.5	15	25	3.0	-5.9
RFFC	ALPS Active Equity Opportunity ETF	2.5	48	-8	3.7	-5.2
FICS	First Trust International Developed Capital Strength ETF	2.5	70	-30	6.4	-2.5
GQI	Natixis Gateway Quality Income ETF	2.5	34	6	4.2	-4.7
VALQ	American Century U.S. Quality Value ETF	2.5	29	11	6.7	-2.2
SFY	SoFi Select 500 ETF	2.4	0	40	3.8	-5.1
DIVZ	TrueShares Low Volatility Equity Income ETF	2.4	65	-25	5.9	-3.0
RAYD	Rayliant Quantitative Developed Market Equity ETF	2.4	80	-40	4.4	-4.5
QMOM	Alpha Architect U.S. Quantitative Momentum ETF	2.4	39	1	1.3	-7.6
DNL	WisdomTree Global ex-US Quality Dividend Growth Fund	2.4	42	-2	5.5	-3.4
DEHP	Dimensional Emerging Markets High Profitability ETF	2.4	41	-1	5.2	-3.7
PXE	Invesco Energy Exploration & Production ETF	2.4	60	-20	15.6	+6.8
USMF	WisdomTree U.S. Multifactor Fund	2.3	28	12	6.4	-2.5
IDMO	Invesco S&P International Developed Momentum ETF	2.3	25	15	5.1	-3.8
FELC	Fidelity Enhanced Large Cap Core ETF	2.3	18	22	4.5	-4.4
ILF	iShares Latin America 40 ETF	2.3	48	-8	10.4	+1.6
JHDV	John Hancock U.S. High Dividend ETF	2.3	34	6	6.0	-2.9
JOET	Virtus Terranova US Quality Momentum ETF	2.3	29	11	4.2	-4.7
USRD	Themes US R&D Champions ETF	2.3	29	11	4.0	-4.9
BLCR	iShares Large Cap Core Active ETF	2.3	36	4	3.1	-5.8
MGC	Vanguard Mega Cap ETF	2.2	7	33	4.0	-4.9
EMC	Global X Emerging Markets Great Consumer ETF	2.2	75	-35	6.9	-2.0
VBR	Vanguard Small Cap Value ETF	2.2	7	33	7.9	-1.0
OEF	iShares S&P 100 ETF	2.2	20	20	3.8	-5.1
QLVD	FlexShares Developed Markets ex-US Quality Low Volatility In	2.2	32	8	5.5	-3.4
SEIM	SEI Enhanced U.S. Large Cap Momentum Factor ETF	2.2	15	25	3.4	-5.5
DGIN	VanEck Digital India ETF	2.2	71	-31	1.2	-7.7
NDIA	Global X India Active ETF	2.2	75	-35	4.9	-4.0
GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	2.2	9	31	4.6	-4.3
CZAR	Themes Natural Monopoly ETF	2.2	35	5	4.9	-4.0
NULV	Nuveen ESG Large-Cap Value ETF	2.2	26	14	5.5	-3.4
BGRO	iShares Large Cap Growth Active ETF	2.2	55	-15	2.0	-6.9
SPHQ	Invesco S&P 500 Quality ETF	2.2	15	25	4.6	-4.3
YNOT	Horizon Digital Frontier ETF	2.2	75	-35	2.5	-6.4
XLG	Invesco S&P 500 Top 50 ETF	2.2	20	20	3.5	-5.4
HWAY	Themes US Infrastructure ETF	2.2	29	11	5.1	-3.8
LCTU	BlackRock U.S. Carbon Transition Readiness ETF	2.2	14	26	4.2	-4.7
DYNF	BlackRock U.S. Equity Factor Rotation ETF	2.2	30	10	3.9	-5.0
AVEM	Avantis Emerging Markets Equity ETF	2.1	33	7	7.2	-1.7
OALC	OneAscent Large Cap Core ETF	2.1	86	-46	3.4	-5.5
VIDI	Vident International Equity Strategy ETF	2.1	61	-21	9.2	+0.3
CGUS	Capital Group Core Equity ETF	2.1	33	7	3.8	-5.1
FRDM	Freedom 100 Emerging Markets ETF	2.1	49	-9	5.9	-3.0
AVES	Avantis Emerging Markets Value ETF	2.1	36	4	9.4	+0.5
CRBN	iShares MSCI ACWI Low Carbon Target ETF	2.1	20	20	4.8	-4.1
ABIG	Argent Large Cap ETF	2.1	49	-9	4.1	-4.8
DEXC	Dimensional Emerging Markets ex China Core EquityETF	2.1	53	-13	6.1	-2.8
EUDG	WisdomTree Europe Quality Dividend Growth Fund	2.1	58	-18	5.7	-3.2
DINT	Davis Select International ETF	2.0	55	-15	6.8	-2.1
FXR	First Trust Industrials/Producer Durables AlphaDEX Fund	2.0	61	-21	5.6	-3.3
FFND	Future Fund Active ETF	2.0	100	-60	3.1	-5.8
COWS	Amplify Cash Flow Dividend Leaders ETF	2.0	0	40	10.4	+1.5
DIA	SPDR Dow Jones Industrial Average ETF	2.0	16	24	4.7	-4.2
RSPE	Invesco ESG S&P 500 Equal Weight ETF	2.0	20	20	5.6	-3.3
AMOM	Qraft AI-Enhanced U.S. Large Cap Momentum ETF	2.0	75	-35	2.2	-6.7
AVXC	Avantis Emerging Markets Ex-China Equity ETF	2.0	33	7	6.8	-2.1
IFRA	iShares U.S. Infrastructure ETF	2.0	30	10	5.7	-3.2
LCF	Touchstone US Large Cap Focused ETF	2.0	69	-29	3.6	-5.3
NORW	Global X MSCI Norway ETF	2.0	50	-10	9.5	+0.6
ENOR	iShares MSCI Norway ETF	2.0	53	-13	9.3	+0.4
KNO	AXS Knowledge Leaders ETF	2.0	78	-38	5.0	-3.9
HELX	Franklin Genomic Advancements ETF	2.0	50	-10	-0.4	-9.3
AFK	VanEck Africa Index ETF	1.9	98	-58	10.9	+2.0
INCE	Franklin Income Equity Focus ETF	1.9	29	11	5.0	-3.9
PSL	Invesco Dorsey Wright Consumer Staples Momentum ETF	1.9	60	-20	5.5	-3.4
IMFL	Invesco International Developed Dynamic Multifactor ETF	1.9	34	6	5.0	-3.9
GQQQ	Astoria US Quality Growth Kings ETF	1.9	35	5	3.7	-5.2
DWMF	WisdomTree International Multifactor Fund	1.9	38	2	6.4	-2.5
LRGC	AB US Large Cap Strategic Equities ETF	1.9	48	-8	3.8	-5.1
IGRO	iShares International Dividend Growth ETF	1.9	15	25	6.2	-2.7
GMF	SPDR S&P Emerging Asia Pacific ETF	1.9	49	-9	8.4	-0.5
WCEO	Hypatia Women CEO ETF	1.9	85	-45	2.8	-6.1
HYP	Golden Eagle Dynamic Hypergrowth ETF	1.8	85	-45	-1.1	-10.0
DUSA	Davis Select U.S. Equity ETF	1.8	61	-21	6.5	-2.4
ISCV	iShares Morningstar Small Cap Value ETF	1.8	6	34	7.5	-1.4
DFAT	Dimensional U.S. Targeted Value ETF	1.8	28	12	8.8	-0.1
IJJ	iShares S&P Mid-Cap 400 Value ETF	1.8	18	22	7.6	-1.3
MDYV	State Street SPDR S&P 400 Mid Cap Value ETF	1.8	15	25	7.6	-1.3
LGDX	Intech S&P Large Cap Diversified Alpha ETF	1.8	25	15	4.2	-4.7
SPHB	Invesco S&P 500 High Beta ETF	1.8	25	15	4.0	-4.9
VDC	Vanguard Consumer Staples ETF	1.8	9	31	5.3	-3.6
IDLV	Invesco S&P International Developed Low Volatility ETF	1.8	25	15	6.2	-2.7
FDLS	Inspire Fidelis Multi Factor ETF	1.8	76	-36	4.1	-4.8
FNK	First Trust Mid Cap Value AlphaDEX Fund	1.8	70	-30	9.3	+0.4
QUAL	iShares MSCI USA Quality Factor ETF	1.8	15	25	4.4	-4.5
DFEV	Dimensional Emerging Markets Value ETF	1.8	43	-3	10.4	+1.5
DVLU	First Trust Dorsey Wright Momentum & Value ETF	1.8	60	-20	5.3	-3.6
PATN	Pacer Nasdaq International Patent Leaders ETF	1.8	65	-25	4.6	-4.3
SEIV	SEI Enhanced U.S. Large Cap Value Factor ETF	1.8	15	25	7.8	-1.1
GLOV	Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF	1.8	25	15	5.4	-3.5
SMIG	AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF	1.8	60	-20	5.6	-3.3
HUSV	First Trust Horizon Managed Volatility Domestic ETF	1.8	70	-30	4.5	-4.4
EAFG	Pacer Developed Markets Cash Cows Growth Leaders ETF	1.8	65	-25	4.0	-4.9
SELV	SEI Enhanced Low Volatility U.S. Large Cap ETF	1.8	15	25	5.7	-3.2
FSTA	FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF	1.8	8	32	5.3	-3.6
SPGP	Invesco S&P 500 GARP ETF	1.7	34	6	5.8	-3.1
TIME	Clockwise Core Equity & Innovation ETF	1.7	95	-55	3.2	-5.7
DFSU	Dimensional US Sustainability Core 1 ETF	1.7	18	22	4.5	-4.4
JHID	John Hancock International High Dividend ETF	1.7	46	-6	8.4	-0.5
RFDA	RiverFront Dynamic US Dividend Advantage ETF	1.7	52	-12	5.6	-3.3
SUSL	iShares ESG MSCI USA Leaders ETF	1.7	10	30	4.1	-4.8
GVAL	Cambria Global Value ETF	1.7	68	-28	9.2	+0.3
WDIV	SPDR S&P Global Dividend ETF	1.7	40	0	8.4	-0.5
MMTM	State Street SPDR S&P 1500 Momentum Tilt ETF	1.7	12	28	3.4	-5.5
EPU	iShares MSCI Peru and Global Exposure ETF	1.7	59	-19	4.2	-4.7
KVLE	KraneShares Value Line Dynamic Dividend Equity Index ETF	1.7	56	-16	5.8	-3.1
EGLE	Global X S&P 500 U.S. Revenue Leaders ETF	1.7	19	21	4.8	-4.1
SAGP	Strategas Global Policy Opportunities ETF	1.7	65	-25	4.6	-4.3
CGGR	Capital Group Growth ETF	1.7	39	1	2.7	-6.2
FNX	First Trust Mid Cap Core AlphaDEX Fund	1.7	60	-20	5.9	-3.0
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	1.7	30	10	7.5	-1.4
FLDZ	RiverNorth Patriot ETF	1.7	75	-35	5.6	-3.3
FPAG	FPA Global Equity ETF	1.6	49	-9	4.9	-4.0
LNGX	Global X U.S. Natural Gas ETF	1.6	45	-5	12.4	+3.5
MCDS	JPMorgan Fundamental Data Science Mid Core ETF	1.6	35	5	5.0	-3.9
VIGI	Vanguard International Dividend Appreciation ETF	1.6	10	30	5.7	-3.2
EFAS	Global X MSCI SuperDividend EAFE ETF	1.6	57	-17	7.6	-1.3
FJP	First Trust Japan AlphaDEX Fund	1.6	80	-40	7.2	-1.7
VFQY	Vanguard U.S. Quality Factor ETF	1.6	13	27	5.3	-3.6
WDNA	WisdomTree BioRevolution Fund	1.6	45	-5	-1.9	-10.8
PEXL	Pacer US Export Leaders ETF	1.6	60	-20	3.8	-5.1
VB	Vanguard Small-Cap ETF	1.6	5	35	5.2	-3.7
EZM	WisdomTree U.S. MidCap Fund	1.6	38	2	7.6	-1.3
BGDV	Bahl & Gaynor Dividend ETF	1.6	45	-5	4.0	-4.9
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	1.6	10	30	4.2	-4.7
BWEB	Bitwise Web3 ETF	1.6	85	-45	-0.1	-9.0
FLQL	Franklin LibertyQ U.S. Equity ETF	1.6	15	25	4.6	-4.3
IQSU	IQ Candriam U.S. Large Cap Equity ETF	1.6	9	31	4.2	-4.7
DSTL	Distillate US Fundamental Stability & Value ETF	1.5	39	1	7.2	-1.7
RSPS	Invesco S&P 500 Equal Weight Consumer Staples ETF	1.5	40	0	6.7	-2.2
XLP	The Consumer Staples Select Sector SPDR Fund	1.5	8	32	5.6	-3.3
ROAM	Hartford Multifactor Emerging Markets ETF	1.5	44	-4	10.2	+1.3
SPLV	Invesco S&P 500 Low Volatility ETF	1.5	25	15	5.1	-3.8
XRLV	Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF	1.5	25	15	5.1	-3.8
ABFL	Abacus FCF Leaders ETF	1.5	59	-19	3.8	-5.1
TMFC	Motley Fool 100 Index ETF	1.5	50	-10	2.9	-6.0
CGGO	Capital Group Global Growth Equity ETF	1.5	47	-7	3.8	-5.1
QDF	FlexShares Quality Dividend Index Fund	1.5	37	3	5.4	-3.5
RWK	Invesco S&P MidCap 400 Revenue ETF	1.5	39	1	8.2	-0.7
PBW	Invesco WilderHill Clean Energy ETF	1.5	66	-26	-2.9	-11.7
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	1.5	38	2	7.5	-1.4
DSMC	Distillate Small/Mid Cash Flow ETF	1.5	55	-15	11.3	+2.4
JMOM	JPMorgan U.S. Momentum Factor ETF	1.5	12	28	3.8	-5.1
DFAE	Dimensional Emerging Core Equity Market ETF	1.5	35	5	7.4	-1.5
IQSI	IQ Candriam International Equity ETF	1.5	15	25	5.6	-3.3
LST	Leuthold Select Industries ETF	1.5	91	-51	4.8	-4.1
VFMO	Vanguard U.S. Momentum Factor ETF	1.5	13	27	2.5	-6.4
WBIY	WBI Power Factor High Dividend ETF	1.5	100	-60	12.2	+3.3
GDIV	Harbor Dividend Growth Leaders ETF	1.5	50	-10	4.4	-4.5
AMZA	InfraCap MLP ETF	1.5	164	-124	7.3	-1.6
AVSD	Avantis Responsible International Equity ETF	1.5	23	17	4.6	-4.3
NUDM	Nuveen ESG International Developed Markets Equity ETF	1.4	31	9	5.8	-3.1
DSI	iShares MSCI KLD 400 Social ETF	1.4	25	15	4.1	-4.8
STXM	Strive Mid-Cap ETF	1.4	18	22	5.4	-3.5
CGDV	Capital Group Dividend Value ETF	1.4	33	7	4.0	-4.9
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	1.4	29	11	3.8	-5.1
XVV	iShares ESG Screened S&P 500 ETF	1.4	8	32	4.1	-4.8
XJH	iShares ESG Screened S&P Mid-Cap ETF	1.4	12	28	6.2	-2.7
GLBL	Pacer MSCI World Industry Advantage ETF	1.4	65	-25	3.5	-5.4
SIXL	ETC 6 Meridian Low Beta Equity ETF	1.4	80	-40	5.7	-3.2
BBMC	JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	1.4	7	33	5.0	-3.9
RNIN	Bushido Capital US SMID Cap Equity ETF	1.4	70	-30	11.1	+2.2
VSGX	Vanguard ESG International Stock ETF	1.4	10	30	6.6	-2.3
FTCE	First Trust New Constructs Core Earnings Leaders ETF	1.3	60	-20	4.5	-4.4
QVMM	Invesco S&P MidCap 400 QVM Multi-factor ETF	1.3	15	25	6.3	-2.6
IVOV	Vanguard S&P Mid-Cap 400 Value ETF	1.3	10	30	7.8	-1.1
RAFE	PIMCO RAFI ESG U.S. ETF	1.3	29	11	6.1	-2.8
DISV	Dimensional International Small Cap Value ETF	1.3	42	-2	8.0	-0.9
SPYX	State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF	1.3	20	20	4.0	-4.9
SAMT	Strategas Macro Thematic Opportunities ETF	1.3	65	-25	2.0	-6.9
GOAU	U.S. Global GO GOLD and Precious Metal Miners ETF	1.3	60	-20	2.0	-6.9
SILJ	ETFMG Prime Junior Silver Miners ETF	1.3	69	-29	0.2	-8.7
ITOL	Tema International Durable Quality ETF	1.3	60	-20	4.7	-4.2
MDY	SPDR S&P Midcap 400 ETF Trust	1.3	24	16	6.0	-2.9
IJH	iShares Core S&P Mid-Cap ETF	1.3	5	35	6.2	-2.7
SDG	iShares MSCI Global Sustainable Development Goals ETF	1.3	49	-9	4.8	-4.1
QRFT	Qraft Ai-Enhanced U.S. Large Cap ETF	1.3	75	-35	3.3	-5.6
JEMA	JPMorgan ActiveBuilders Emerging Markets Equity ETF	1.3	33	7	8.1	-0.8
OPTZ	Optimize Strategy Index ETF	1.3	50	-10	4.2	-4.7
IVOO	Vanguard S&P Mid-Cap 400 ETF	1.3	7	33	6.3	-2.6
CALF	Pacer US Small Cap Cash Cows 100 ETF	1.3	59	-19	9.1	+0.2
JIG	JPMorgan International Growth ETF	1.3	55	-15	4.0	-4.9
SPMD	State Street SPDR Portfolio S&P 400 Mid Cap ETF	1.3	3	37	6.3	-2.6
DFSV	Dimensional US Small Cap Value ETF	1.3	31	9	9.2	+0.3
JHSC	John Hancock Multifactor Small Cap ETF	1.3	42	-2	5.8	-3.1
PXJ	Invesco Oil & Gas Services ETF	1.2	63	-23	3.5	-5.4
OIH	VanEck Oil Services ETF	1.2	35	5	2.8	-6.1
IEZ	iShares U.S. Oil Equipment & Services ETF	1.2	40	0	3.2	-5.7
XES	State Street SPDR S&P Oil & Gas Equipment & Services ETF	1.2	35	5	1.7	-7.2
CGXU	Capital Group International Focus Equity ETF	1.2	54	-14	4.7	-4.2
ACWV	iShares MSCI Global Min Vol Factor ETF	1.2	20	20	5.3	-3.6
EWS	iShares MSCI Singapore ETF	1.2	50	-10	4.2	-4.7
CGIE	Capital Group International Equity ETF	1.2	54	-14	4.2	-4.7
NULC	Nuveen ESG Large-Cap ETF	1.2	21	19	4.4	-4.5
SMMD	iShares Russell 2500 ETF	1.2	15	25	5.8	-3.1
DIVE	Dana Concentrated Dividend ETF	1.2	65	-25	6.7	-2.2
IPAV	Global X Infrastructure Development ex-U.S. ETF	1.2	55	-15	5.9	-3.0
SMLF	iShares U.S. SmallCap Equity Factor ETF	1.2	15	25	5.2	-3.7
SUSA	iShares MSCI USA ESG Select ETF	1.2	25	15	4.0	-4.9
FLCH	Franklin FTSE China ETF	1.2	19	21	14.0	+5.1
JCHI	JPMorgan Active China ETF	1.2	65	-25	12.9	+4.0
FXI	iShares China Large-Cap ETF	1.2	74	-34	15.7	+6.8
MCHI	iShares MSCI China ETF	1.2	59	-19	15.1	+6.2
ISCB	iShares Morningstar Small-Cap ETF	1.2	4	36	5.1	-3.8
AADR	AdvisorShares Dorsey Wright ADR ETF	1.2	110	-70	3.9	-5.0
JEPI	JPMorgan Equity Premium Income ETF	1.2	35	5	4.9	-4.0
MIDE	Xtrackers S&P MidCap 400 ESG ETF	1.2	15	25	7.0	-1.9
FLQM	Franklin U.S. Mid Cap Multifactor Index ETF	1.1	30	10	7.0	-1.9
FID	First Trust S&P International Dividend Aristocrats ETF	1.1	60	-20	7.3	-1.6
HOMZ	Hoya Capital Housing ETF	1.1	30	10	8.5	-0.4
TTAC	FCF US Quality ETF	1.1	59	-19	5.0	-3.9
SMDX	Intech S&P Small-Mid Cap Divers Alp ETF	1.1	35	5	6.3	-2.6
IQM	Franklin Intelligent Machines ETF	1.1	50	-10	1.5	-7.4
DDIV	First Trust Dorsey Wright Momentum & Dividend ETF	1.1	60	-20	5.1	-3.8
GXC	SPDR S & P China ETF	1.1	59	-19	14.2	+5.3
RGEF	Rockefeller Global Equity ETF	1.1	55	-15	4.0	-4.9
AIVI	WisdomTree International AI Enhanced Value Fund	1.1	58	-18	6.2	-2.7
HSMV	First Trust Horizon Managed Volatility Small/Mid ETF	1.1	80	-40	6.8	-2.1
AUSF	Global X Adaptive U.S. Factor ETF	1.1	27	13	7.9	-1.0
DARP	Grizzle Growth ETF	1.1	75	-35	2.0	-6.9
MDCP	VictoryShares THB Mid Cap ESG ETF	1.1	55	-15	5.2	-3.7
FEM	First Trust Emerging Markets AlphaDEX Fund	1.1	80	-40	10.1	+1.3
EWUS	iShares MSCI United Kingdom Small Cap ETF	1.1	59	-19	7.0	-1.9
PIE	Invesco Dorsey Wright Emerging Markets Momentum ETF	1.1	90	-50	4.4	-4.5
APIE	ActivePassive International Equity ETF	1.0	45	-5	6.4	-2.5
GXPS	Global X PureCap MSCI Consumer Staples ETF	1.0	25	15	4.7	-4.2
EFAX	SPDR MSCI EAFE Fossil Fuel Reserves Free ETF	1.0	20	20	5.4	-3.5
VUSE	Vident U.S. Equity Strategy ETF	1.0	50	-10	3.5	-5.4
NZAC	SPDR MSCI ACWI Climate Paris Aligned ETF	1.0	12	28	4.3	-4.6
FSZ	First Trust Switzerland AlphaDEX Fund	1.0	80	-40	5.6	-3.3
EWD	iShares MSCI Sweden ETF	1.0	54	-14	4.6	-4.3
ERTH	Invesco MSCI Sustainable Future ETF	1.0	62	-22	3.1	-5.8
SFYX	SoFi Next 500 ETF	1.0	0	40	5.0	-3.9
BKSE	BNY Mellon US Small Cap Core Equity ETF	1.0	4	36	5.1	-3.8
CVLC	Calvert US Large-Cap Core Responsible Index ETF	1.0	15	25	4.2	-4.7
BKF	iShares MSCI BIC ETF	1.0	69	-29	11.7	+2.8
DUHP	Dimensional US High Profitability ETF	1.0	21	19	5.0	-3.9
VAMO	Cambria Value & Momentum ETF	1.0	61	-21	5.4	-3.5
PIZ	Invesco Dorsey Wright Developed Markets Momentum ETF	1.0	80	-40	3.4	-5.5
PSR	Invesco Active U.S. Real Estate Fund	1.0	35	5	7.4	-1.5
RSPR	Invesco S&P 500 Equal Weight Real Estate ETF	1.0	40	0	7.7	-1.2
FREL	Fidelity MSCI Real Estate Index ETF	1.0	8	32	7.2	-1.7
JPRE	JPMorgan Realty Income ETF	1.0	50	-10	7.6	-1.3
SCHH	Schwab U.S. REIT ETF	1.0	7	33	7.7	-1.2
IYR	iShares U.S. Real Estate ETF	1.0	40	0	7.1	-1.8
XLRE	Real Estate Select Sector SPDR Fund	1.0	8	32	7.4	-1.5
SPRE	SP Funds S&P Global REIT Sharia ETF	1.0	55	-15	5.6	-3.3
VNQ	Vanguard Real Estate ETF	1.0	13	27	7.1	-1.8
FTC	First Trust Large Cap Growth AlphaDEX Fund	1.0	59	-19	1.6	-7.3
DFAS	Dimensional U.S. Small Cap ETF	0.9	26	14	5.8	-3.1
FPXI	First Trust International Equity Opportunities ETF	0.9	70	-30	3.5	-5.4
FFSM	Fidelity Fundamental Small-Mid Cap ETF	0.9	43	-3	5.2	-3.7
VCLN	Virtus Duff & Phelps Clean Energy ETF	0.9	59	-19	3.7	-5.2
NUKZ	Range Nuclear Renaissance Index ETF	0.9	85	-45	0.9	-8.0
SAMM	Strategas Macro Momentum ETF	0.9	66	-26	1.9	-7.0
ARKQ	ARK Autonomous Technology & Robotics ETF	0.9	75	-35	0.8	-8.1
LOUP	Innovator Deepwater Frontier Tech ETF	0.9	70	-30	0.6	-8.3
SRVR	Pacer Data & Infrastructure Real Estate ETF	0.9	55	-15	4.1	-4.8
URAN	Themes Uranium & Nuclear ETF	0.9	35	5	1.1	-7.8
AIPO	Defiance AI & Power Infrastructure ETF	0.9	69	-29	0.9	-8.0
CDIG	City Different Investments Global Equity ETF	0.9	75	-35	0.4	-8.5
NUSC	Nuveen ESG Small-Cap ETF	0.9	31	9	4.5	-4.4
JMEE	JPMorgan Market Expansion Enhanced Equity ETF	0.9	24	16	6.5	-2.4
BKMC	BNY Mellon US Mid Cap Core Equity ETF	0.9	4	36	5.1	-3.8
FPRO	Fidelity Real Estate Investment ETF	0.9	59	-19	6.1	-2.8
MFEM	PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF	0.9	50	-10	9.1	+0.2
SMAP	Amplify Small-Mid Cap Equity ETF	0.9	60	-20	4.8	-4.1
ESGV	Vanguard ESG U.S. Stock ETF	0.9	9	31	4.1	-4.8
AVSU	Avantis Responsible U.S. Equity ETF	0.9	15	25	5.1	-3.8
UEVM	VictoryShares Emerging Markets Value Momentum ETF	0.8	45	-5	9.3	+0.4
LEGR	First Trust Indxx Innovative Transaction & Process ETF	0.8	65	-25	7.1	-1.8
SFYF	SoFi Social 50 ETF	0.8	29	11	0.9	-8.0
OCEN	IQ Clean Oceans ETF	0.8	45	-5	5.0	-3.9
SCHA	Schwab U.S. Small-Cap ETF	0.8	4	36	4.9	-4.0
LQPE	PEO AlphaQuest Thematic PE ETF	0.8	125	-85	6.1	-2.8
ASEA	Global X FTSE Southeast Asia ETF	0.8	65	-25	5.5	-3.4
DXJ	WisdomTree Japan Hedged Equity Fund	0.8	48	-8	5.7	-3.2
RDVY	First Trust Rising Dividend Achievers ETF	0.8	50	-10	5.3	-3.6
ESML	iShares ESG Aware MSCI USA Small-Cap ETF	0.8	17	23	5.2	-3.7
KXI	iShares Global Consumer Staples ETF	0.8	41	-1	5.1	-3.8
OBOR	KraneShares MSCI One Belt One Road Index ETF	0.8	79	-39	7.0	-1.9
EIS	iShares MSCI Israel ETF	0.8	58	-18	6.1	-2.8
DWLD	Davis Select Worldwide ETF	0.8	63	-23	6.4	-2.5
FMKT	The Free Markets ETF	0.8	76	-36	3.8	-5.1
EWI	iShares MSCI Italy ETF	0.8	50	-10	8.6	-0.3
STXK	Strive Small-Cap ETF	0.8	18	22	5.3	-3.6
AVSE	Avantis Responsible Emerging Markets Equity ETF	0.8	33	7	6.9	-2.0
DEMZ	Democratic Large Cap Core ETF	0.8	45	-5	3.8	-5.1
CSMD	Congress SMid Growth ETF	0.8	69	-29	3.2	-5.7
MVAL	VanEck Morningstar Wide Moat Value ETF	0.8	49	-9	6.0	-2.9
SDVY	First Trust SMID Cap Rising Dividend Achievers ETF	0.7	60	-20	6.0	-2.9
SPXE	ProShares S&P 500 Ex-Energy ETF	0.7	9	31	4.1	-4.8
AESR	Anfield U.S. Equity Sector Rotation ETF	0.7	108	-68	4.0	-4.9
ECON	Columbia Emerging Markets Consumer ETF	0.7	49	-9	9.9	+1.0
IYJ	iShares U.S. Industrials ETF	0.7	40	0	3.9	-5.0
PXH	Invesco FTSE RAFI Emerging Markets ETF	0.7	49	-9	13.5	+4.6
IQSM	IQ Candriam U.S. Mid Cap Equity ETF	0.7	15	25	5.3	-3.6
ILCG	iShares Morningstar Growth ETF	0.7	4	36	3.0	-5.9
TPSC	Timothy Plan US Small Cap Core ETF	0.7	52	-12	6.2	-2.7
XMHQ	Invesco S&P MidCap Quality ETF	0.7	25	15	5.6	-3.3
FNDE	Schwab Fundamental Emerging Markets Large Co. Index ETF	0.7	39	1	14.3	+5.4
EFAD	ProShares MSCI EAFE Dividend Growers ETF	0.7	50	-10	5.4	-3.5
IMOM	Alpha Architect International Quantitative Momentum ETF	0.7	49	-9	3.9	-5.0
FSMD	Fidelity Small-Mid Multifactor ETF	0.7	15	25	6.1	-2.8
NIXT	Research Affiliates Deletions ETF	0.7	9	31	7.4	-1.5
QQQJ	Invesco NASDAQ Next Gen 100 ETF	0.7	15	25	3.9	-5.0
CHGX	AXS Change Finance ESG ETF	0.7	49	-9	4.4	-4.5
FMTM	MarketDesk Focused U.S. Momentum ETF	0.7	45	-5	3.3	-5.6
QQQE	Direxion NASDAQ-100 Equal Weighted Index Shares	0.7	35	5	3.6	-5.3
QQXT	First Trust Nasdaq-100 Ex-Technology Sector Index Fund	0.7	60	-20	4.4	-4.5
QNXT	iShares Nasdaq-100 ex Top 30 ETF	0.7	20	20	4.2	-4.7
DFSI	Dimensional International Sustainability Core 1 ETF	0.7	24	16	5.5	-3.4
IEUS	iShares MSCI Europe Small-Cap ETF	0.7	42	-2	6.6	-2.3
KOMP	State Street SPDR S&P Kensho New Economies Composite ETF	0.7	20	20	2.6	-6.3
IVOG	Vanguard S&P Mid-Cap 400 Growth ETF	0.6	10	30	5.0	-3.9
DIM	WisdomTree International MidCap Dividend Fund	0.6	58	-18	6.5	-2.4
EEM	iShares MSCI Emerging Markets ETF	0.6	69	-29	8.0	-0.9
VXF	Vanguard Extended Market ETF	0.6	5	35	3.9	-5.0
JPXN	iShares JPX-Nikkei 400 ETF	0.6	48	-8	5.7	-3.2
KONG	Formidable Fortress ETF	0.6	89	-49	5.0	-3.9
EWJV	iShares MSCI Japan Value ETF	0.6	15	25	7.3	-1.6
XMVM	Invesco S&P MidCap Value with Momentum ETF	0.6	39	1	8.5	-0.4
PAMC	Pacer Lunt MidCap Multi-Factor Alternator ETF	0.6	60	-20	4.1	-4.8
AVUQ	Avantis U.S. Quality ETF	0.6	15	25	3.6	-5.3
FPWR	First Trust EIP Power Solutions ETF	0.6	96	-56	4.7	-4.2
MTUM	iShares MSCI USA Momentum Factor ETF	0.6	15	25	2.7	-6.2
EFG	iShares MSCI EAFE Growth ETF	0.6	36	4	3.6	-5.3
DFIS	Dimensional International Small Cap ETF	0.6	39	1	6.2	-2.7
PSET	Principal Quality ETF	0.6	15	25	4.7	-4.2
LOWV	AB US Low Volatility Equity ETF	0.6	48	-8	4.6	-4.3
EEMX	SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF	0.6	30	10	8.0	-0.9
DMXF	iShares ESG Advanced MSCI EAFE ETF	0.6	12	28	5.0	-3.9
PDP	Invesco Dorsey Wright Momentum ETF	0.6	62	-22	1.5	-7.4
JHEM	John Hancock Multifactor Emerging Markets ETF	0.6	49	-9	8.2	-0.7
TMFX	Motley Fool Next Index ETF	0.6	50	-10	2.7	-6.2
CSB	VictoryShares US Small Cap High Dividend Volatility Wtd ETF	0.6	35	5	8.4	-0.5
GSJY	Goldman Sachs ActiveBeta Japan Equity ETF	0.6	25	15	5.6	-3.3
RFEM	First Trust Riverfront Dynamic Emerging Markets ETF	0.5	95	-55	10.2	+1.3
NDIV	Amplify Natural Resources Dividend Income ETF	0.5	59	-19	13.7	+4.8
QGRO	American Century U.S. Quality Growth ETF	0.5	29	11	3.1	-5.8
USNZ	Xtrackers Net Zero Pathway Paris Aligned US Equity ETF	0.5	10	30	4.5	-4.4
FAD	First Trust Multi Cap Growth AlphaDEX Fund	0.5	64	-24	0.9	-8.0
QQJG	Invesco ESG NASDAQ Next Gen 100 ETF	0.5	20	20	3.7	-5.2
DBEM	Xtrackers MSCI Emerging Markets Hedged Equity ETF	0.5	66	-26	7.6	-1.3
EEMA	iShares MSCI Emerging Markets Asia ETF	0.5	49	-9	7.9	-1.0
LGRO	Level Four Large Cap Growth Active ETF	0.5	55	-15	3.3	-5.6
ZIG	Acquirers Fund	0.5	84	-44	17.7	+8.8
IEMG	iShares Core MSCI Emerging Markets ETF	0.5	9	31	8.5	-0.4
JPEF	JPMorgan Equity Focus ETF	0.5	50	-10	3.9	-5.0
FTCS	First Trust Capital Strength ETF	0.5	55	-15	4.9	-4.0
DUNK	Dana Unconstrained Equity ETF	0.5	75	-35	1.9	-7.0
CSA	VictoryShares US Small Cap Volatility Wtd ETF	0.5	35	5	6.8	-2.1
AAXJ	iShares MSCI All Country Asia ex Japan ETF	0.5	70	-30	7.2	-1.7
QQQ	Invesco QQQ Trust Series I	0.5	20	20	3.4	-5.5
QQQM	Invesco NASDAQ 100 ETF	0.5	15	25	3.4	-5.5
USXF	iShares ESG Advanced MSCI USA ETF	0.5	10	30	4.0	-4.9
RCGE	RockCreek Global Equality ETF	0.5	95	-55	6.0	-2.9
BRNY	Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation	0.5	79	-39	4.9	-4.0
VBK	Vanguard Small-Cap Growth ETF	0.5	7	33	1.5	-7.4
LEAD	Siren DIVCON Leaders Dividend ETF	0.5	43	-3	3.6	-5.3
RJDI	RJ Eagle GCM Dividend Select Income ETF	0.5	55	-15	4.8	-4.1
FLJP	Franklin FTSE Japan ETF	0.5	9	31	5.5	-3.4
FLAX	Franklin FTSE Asia Ex Japan ETF	0.5	19	21	7.4	-1.5
MEM	Matthews Emerging Markets Equity Active ETF	0.5	79	-39	6.3	-2.6
EMM	Global X Emerging Markets ex-China ETF	0.5	75	-35	5.6	-3.3
MAKX	ProShares S&P Kensho Smart Factories ETF	0.5	58	-18	-0.4	-9.3
ISCG	iShares Morningstar Small-Cap Growth ETF	0.5	6	34	2.5	-6.4
BBJP	JPMorgan BetaBuilders Japan ETF	0.5	19	21	5.8	-3.1
USVM	VictoryShares US Small Mid Cap Value Momentum ETF	0.4	25	15	6.9	-2.0
EWP	iShares MSCI Spain ETF	0.4	50	-10	5.9	-3.0
AAUM	Tema Alternative Asset Managers ETF	0.4	99	-59	2.9	-6.0
FLJH	Franklin FTSE Japan Hedged ETF	0.4	9	31	5.4	-3.5
VOT	Vanguard Mid-Cap Growth ETF	0.4	7	33	3.0	-5.9
SPMO	Invesco S&P 500 Momentum ETF	0.4	13	27	3.5	-5.4
SCHE	Schwab Emerging Markets Equity ETF	0.4	11	29	9.4	+0.5
FNDA	Schwab Fundamental US Small Co. Index ETF	0.4	25	15	6.7	-2.2
AVUV	Avantis U.S. Small Cap Value ETF	0.4	25	15	8.6	-0.3
EWJ	iShares MSCI Japan ETF	0.4	50	-10	5.2	-3.7
FDWM	Fidelity Women's Leadership ETF	0.4	59	-19	4.2	-4.7
TECB	iShares U.S. Tech Breakthrough Multisector ETF	0.4	40	0	3.1	-5.8
STXG	Strive 1000 Growth ETF	0.4	18	22	3.2	-5.7
DBJP	Xtrackers MSCI Japan Hedged Equity ETF	0.4	47	-7	4.9	-4.0
FILL	iShares MSCI Global Energy Producers ETF	0.4	39	1	5.2	-3.7
PSCM	Invesco S&P SmallCap Materials ETF	0.4	29	11	9.7	+0.8
QVMS	Invesco S&P SmallCap 600 QVM Multi-factor ETF	0.4	15	25	6.7	-2.2
RWJ	Invesco S&P SmallCap 600 Revenue ETF	0.4	39	1	8.4	-0.5
IJR	iShares Core S&P Small Cap ETF	0.4	6	34	6.7	-2.2
IJS	iShares S&P Small-Cap 600 Value ETF	0.4	18	22	8.6	-0.3
XJR	iShares ESG Screened S&P Small-Cap ETF	0.4	12	28	6.7	-2.2
ESIX	State Street SPDR S&P SmallCap 600 ESG ETF	0.4	12	28	7.1	-1.8
SLYV	State Street SPDR S&P 600 Small Cap Value ETF	0.4	15	25	8.6	-0.3
SPSM	State Street SPDR Portfolio S&P 600 Small Cap ETF	0.4	3	37	6.7	-2.2
VIOO	Vanguard S&P Small-Cap 600 ETF	0.4	7	33	6.7	-2.2
VIOV	Vanguard S&P Small-Cap 600 Value ETF	0.4	10	30	8.5	-0.4
ISMD	Inspire Small/Mid Cap ETF	0.4	54	-14	4.6	-4.3
AFMC	First Trust Active Factor Mid Cap ETF	0.4	65	-25	7.0	-1.9
GINN	Goldman Sachs Innovate Equity ETF	0.4	52	-12	3.2	-5.7
SCZ	iShares MSCI EAFE Small-Cap ETF	0.4	40	0	6.2	-2.7
VWO	Vanguard FTSE Emerging Markets ETF	0.4	7	33	9.0	+0.1
EMSG	Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF	0.4	20	20	22,159.8	+22,150.9
IVW	iShares S&P 500 Growth ETF	0.4	18	22	3.2	-5.7
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	0.4	4	36	3.3	-5.6
XMLV	Invesco S&P MidCap Low Volatility ETF	0.4	25	15	6.8	-2.1
SFLO	VictoryShares Small Cap Free Cash Flow ETF	0.4	49	-9	9.8	+0.9
OUSM	ALPS O'Shares US Small-Cap Quality Dividend ETF	0.4	48	-8	7.8	-1.1
SMMV	iShares MSCI USA Small-Cap Min Vol Factor ETF	0.4	20	20	5.4	-3.5
SCHG	Schwab U.S. Large-Cap Growth ETF	0.4	4	36	3.1	-5.8
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	0.4	41	-1	7.1	-1.8
IUSG	iShares Core S&P U.S. Growth ETF	0.4	4	36	3.4	-5.5
PRXG	Praxis Impact Large Cap Growth ETF	0.4	36	4	2.8	-6.1
SCJ	iShares MSCI Japan Small-Cap ETF	0.4	50	-10	6.0	-2.9
GSEE	Goldman Sachs MarketBeta Emerging Markets Equity ETF	0.4	36	4	7.9	-1.0
BBEM	JPMorgan BetaBuilders Emerging Markets Equity ETF	0.4	15	25	8.4	-0.5
AVDS	Avantis International Small Cap Equity ETF	0.3	30	10	5.9	-3.0
BKEM	BNY Mellon Emerging Markets Equity ETF	0.3	11	29	7.9	-1.0
EEMO	Invesco S&P Emerging Markets Momentum ETF	0.3	29	11	6.8	-2.1
CXSE	WisdomTree China ex-State-Owned Enterprises Fund	0.3	32	8	11.2	+2.3
DEM	WisdomTree Emerging Markets High Dividend Fund	0.3	63	-23	11.9	+3.0
JPEM	JPMorgan Diversified Return Emerging Markets Equity ETF	0.3	44	-4	9.4	+0.5
FCA	First Trust China AlphaDEX Fund	0.3	80	-40	8.6	-0.3
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	0.3	67	-27	13.3	+4.4
PBD	Invesco Global Clean Energy ETF	0.3	75	-35	0.6	-8.3
RFV	Invesco S&P Midcap 400 Pure Value ETF	0.3	35	5	11.7	+2.8
MOTO	SmartETFs Smart Transportation & Technology ETF	0.3	68	-28	5.5	-3.4
EVX	VanEck Environmental Services ETF	0.3	55	-15	2.2	-6.7
XSHD	Invesco S&P SmallCap High Dividend Low Volatility ETF	0.3	30	10	15.4	+6.5
IJT	iShares S&P Small-Cap 600 Growth ETF	0.3	18	22	4.6	-4.3
SLYG	State Street SPDR S&P 600 Small Cap Growth ETF	0.3	15	25	4.6	-4.3
FNDC	Schwab Fundamental International Small Co. Index ETF	0.3	39	1	5.3	-3.6
SCDS	JPMorgan Fundamental Data Science Small Core ETF	0.3	40	0	4.1	-4.8
LRND	IQ U.S. Large Cap R&D Leaders ETF	0.3	14	26	4.3	-4.6
GEM	Goldman Sachs ActiveBeta Emerging Markets Equity ETF	0.3	45	-5	8.4	-0.5
VIOG	Vanguard S&P Small-Cap 600 Growth ETF	0.3	10	30	4.8	-4.1
XCNY	SPDR S&P Emerging Markets ex-China ETF	0.3	15	25	6.3	-2.6
FPXE	First Trust IPOX Europe Equity Opportunities ETF	0.3	70	-30	3.3	-5.6
PKB	Invesco Building & Construction ETF	0.3	62	-22	3.5	-5.4
RFG	Invesco S&P Midcap 400 Pure Growth ETF	0.3	35	5	4.4	-4.5
LDEM	iShares ESG MSCI EM Leaders ETF	0.3	17	23	11.2	+2.3
KEMX	KraneShares MSCI Emerging Markets EX China Index ETF	0.3	24	16	6.3	-2.6
ONEQ	Fidelity Nasdaq Composite Index ETF	0.3	21	19	3.1	-5.8
FLSW	Franklin FTSE Switzerland ETF	0.3	9	31	5.5	-3.4
EVLU	iShares MSCI Emerging Markets Value Factor ETF	0.3	35	5	11.7	+2.8
STXE	Strive Emerging Markets Ex-China ETF	0.3	32	8	6.2	-2.7
GVIP	Goldman Sachs Hedge Industry VIP ETF	0.3	45	-5	2.7	-6.2
USNG	Amplify Samsung U.S. Natural Gas Infrastructure ETF	0.3	59	-19	4.2	-4.7
BESF	Bastion Energy ETF	0.3	80	-40	5.7	-3.2
TCAI	Tortoise AI Infrastructure ETF	0.3	65	-25	1.9	-7.0
SMLV	State Street SPDR US Small Cap Low Volatility Index ETF	0.3	12	28	6.7	-2.2
PDN	Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF	0.3	49	-9	6.1	-2.8
KAT	Scharf ETF	0.3	87	-47	4.6	-4.3
GKAT	Scharf Global Opportunity ETF	0.3	57	-17	5.5	-3.4
VUG	Vanguard Growth ETF	0.3	4	36	3.3	-5.6
JADE	JPMorgan Active Developing Markets Equity ETF	0.3	65	-25	6.5	-2.4
LCLG	Logan Capital Broad Innovative Growth ETF	0.2	99	-59	2.9	-6.0
JGRO	JPMorgan Active Growth ETF	0.2	44	-4	2.9	-6.0
ITAN	Sparkline Intangible Value ETF	0.2	50	-10	5.6	-3.3
HWSM	Hotchkis & Wiley SMID Cap Diversified Value ETF	0.2	55	-15	9.2	+0.3
QQQG	Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF	0.2	49	-9	3.5	-5.4
JSTC	Adasina Social Justice All Cap Global ETF	0.2	89	-49	4.2	-4.7
IWP	iShares Russell Mid-Cap Growth ETF	0.2	23	17	2.6	-6.3
BBSC	JPMorgan BetaBuilders U.S. Small Cap Equity ETF	0.2	9	31	3.5	-5.4
FDEM	Fidelity Emerging Markets Multifactor ETF	0.2	25	15	10.6	+1.8
EMGF	iShares Emerging Markets Equity Factor ETF	0.2	25	15	9.4	+0.5
EMXC	iShares MSCI Emerging Markets ex China ETF	0.2	25	15	5.8	-3.1
TLTE	FlexShares Morningstar Emerging Markets Factor Tilt Index	0.2	59	-19	7.5	-1.4
EYLD	Cambria Emerging Shareholder Yield ETF	0.2	66	-26	10.6	+1.7
EGUS	iShares ESG Aware MSCI USA Growth ETF	0.2	18	22	2.9	-6.0
EMCR	Xtrackers Emerging Markets Carbon Reduction and Climate Impr	0.2	15	25	6.5	-2.4
NANC	Unusual Whales Subversive Democratic Trading ETF	0.2	75	-35	2.9	-6.0
AVDV	Avantis International Small Cap Value ETF	0.2	36	4	7.7	-1.2
PRFZ	Invesco FTSE RAFI US 1500 Small-Mid ETF	0.1	39	1	2.7	-6.2
DES	WisdomTree U.S. SmallCap Dividend Fund	0.1	38	2	8.1	-0.8
EES	WisdomTree U.S. SmallCap Fund	0.1	38	2	7.5	-1.4
FYC	First Trust Small Cap Growth AlphaDEX Fund	0.1	71	-31	-1.3	-10.2
SCHC	Schwab International Small-Cap Equity ETF	0.1	11	29	6.7	-2.2
XSOE	WisdomTree Emerging Markets ex-State-Owned Enterprises Fund	0.1	32	8	7.0	-1.9
ISCF	iShares International SmallCap Equity Factor ETF	0.1	23	17	7.4	-1.5
WRND	IQ Global Equity R&D Leaders ETF	0.1	18	22	6.6	-2.3
EEMV	iShares MSCI Emerging Markets Min Vol Factor ETF	0.1	25	15	5.9	-3.0
MODL	VictoryShares WestEnd U.S. Sector ETF	0.1	42	-2	4.0	-4.9
RZV	Invesco S&P Smallcap 600 Pure Value ETF	0.1	35	5	8.7	-0.2
VSS	Vanguard FTSE All-World ex-US Small-Cap ETF	0.1	8	32	6.5	-2.4
FBCG	Fidelity Blue Chip Growth ETF	0.1	59	-19	2.2	-6.7
FELG	Fidelity Enhanced Large Cap Growth ETF	0.1	18	22	3.8	-5.1
STXD	Strive 1000 Dividend Growth ETF	0.1	35	5	4.3	-4.6
ESGE	iShares ESG Aware MSCI EM ETF	0.1	25	15	8.4	-0.5
FYX	First Trust Small Cap Core AlphaDEX Fund	0.1	61	-21	5.0	-3.9
GGUS	Marketbeta Russell 1000 Growth Equity ETF	0.1	12	28	3.7	-5.2
IWF	iShares Russell 1000 Growth ETF	0.0	19	21	3.2	-5.7
ZSB	USCF Sustainable Battery Metals Strategy Fund	0.0	61	-21	4.0	-4.9
VONG	Vanguard Russell 1000 Growth ETF	0.0	7	33	3.5	-5.4
VOOG	Vanguard S&P 500 Growth ETF	0.0	7	33	3.3	-5.6
IWY	iShares Russell Top 200 Growth ETF	0.0	20	20	3.3	-5.6
VEGN	US Vegan Climate ETF	0.0	60	-20	3.8	-5.1
AVSC	Avantis U.S Small Cap Equity ETF	0.0	25	15	4.6	-4.3
THRO	iShares U.S. Thematic Rotation Active ETF	0.0	90	-50	3.1	-5.8
DGRE	WisdomTree Emerging Markets Quality Dividend Growth Fund	0.0	32	8	5.3	-3.6
EMMF	WisdomTree Emerging Markets Multifactor Fund	0.0	48	-8	6.0	-2.9
EDOG	ALPS Emerging Sector Dividend Dogs ETF	0.0	60	-20	9.6	+0.7
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	0.0	70	-30	11.7	+2.8

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	15.1	%
Divided by: Fwd. P/BV	1.6	x
Less: Expense ratio	40	bp
Equals: ALTAR Score	8.9	%

More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS

COMPOSITE RATING	1.60	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.