ETF Research Center

SPDR S&P Global Natural Resources ETF

ALTAR
Score™

7.8%

Recommen-
dation

SPECULATIVE

2025E 2026E
P/E ratio	18.9x	P/Sales ratio	1.3x
P/BV ratio	1.9x	Div. yield	2.7%

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)	$5,258
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	90
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	35.3 %
NUTRIEN LTD.	4.7 %
BHP BILLITON LTD	4.7 %
SHELL PLC	4.6 %
EXXON MOBIL HOLDING CORP	4.4 %
TOTAL SA	3.3 %
UPM-KYMMENE OYJ	3.0 %
NEWMONT MINING CORP	3.0 %
CORTEVA INC	2.6 %
CHEVRON CORP	2.6 %
FREEPORT-MCMORAN COPPER	2.3 %

TOP COUNTRY EXPOSURE
	UNITED STATES	32.4 %
	CANADA	18.2 %
	BRITAIN	8.1 %
	AUSTRALIA	7.5 %
	FINLAND	4.5 %
	FRANCE	3.3 %
	BRAZIL	3.1 %
	SWITZERLAND	2.9 %
	NORWAY	2.5 %
	JAPAN	1.9 %

HISTORICAL PERFORMANCE info

	Custom date range	Compare to
	thru

Standardized Annual Returns (thru August 31)
Year-to-date	1 year	5 years	10 years	Since Incep.
27.1%	38.2%	12.6%	11.1%	5.9%

Market Correlations
versus...	Beta	R-squared
S&P500	0.60	20%
MSCI EAFE	0.67	36%
MSCI Emg. Mkts.	0.37	28%

Technical Indicators
Recent close	$78.80
30d moving avg.	$71.39
Annualized volatility	16.0%
Short interest (ETF)	0.2%
Relative strength (RSI)	60

Liquidity measures
Avg. volume (thou.)	237
Turnover	0.4%
Bid/Ask (% of price)	0.11%
ADV underlying (mns)	$10,773

Distributions

FINDING ALTERNATIVE FUNDS

Below is a list of 1051 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™:

7.8%

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	47.5	35	5	5.8	-2.1
HAP	VanEck Natural Resources ETF	34.8	50	-10	6.2	-1.6
MXI	iShares Global Materials ETF	34.5	41	-1	5.7	-2.1
IXC	iShares Global Energy ETF	32.4	44	-4	6.9	-0.9
FTWO	Strive FAANG 2.0 ETF	31.4	49	-9	3.7	-4.1
AVIE	Avantis� Inflation Focused Equity ETF	21.1	25	15	5.7	-2.2
IGE	iShares North American Natural Resources ETF	20.5	41	-1	5.2	-2.6
CCNR	ALPS CoreCommodity Natural Resources ETF	17.3	39	1	7.7	-0.1
PICK	iShares MSCI Global Metals & Mining Producers ETF	17.0	39	1	7.7	-0.1
FMAT	Fidelity MSCI Materials Index ETF	15.7	8	32	5.0	-2.8
VAW	Vanguard Materials ETF	15.7	9	31	5.0	-2.8
FTIF	First Trust Bloomberg Inflation Sensitive Equity ETF	15.7	60	-20	7.5	-0.3
VEGI	iShares MSCI Agriculture Producers ETF	15.0	39	1	7.0	-0.8
ICOP	iShares Copper and Metals Mining ETF	14.8	47	-7	5.1	-2.7
CUT	Invesco MSCI Global Timber ETF	14.8	61	-21	8.0	+0.2
XLB	Materials Select Sector SPDR	14.7	8	32	5.4	-2.4
RSPM	Invesco S&P 500 Equal Weight Materials ETF	14.7	40	0	5.4	-2.4
DFLV	Dimensional US Large Cap Value ETF	14.7	22	18	5.8	-2.0
LGCF	Themes US Cash Flow Champions ETF	13.6	30	10	6.8	-1.1
FNDF	Schwab Fundamental International Large Co. Index ETF	13.4	25	15	7.0	-0.8
EWC	iShares MSCI Canada ETF	13.3	50	-10	4.8	-3.0
VDE	Vanguard Energy ETF	13.1	9	31	6.2	-1.7
GXPE	Global X PureCap MSCI Energy ETF	13.1	25	15	6.0	-1.8
XLE	Energy Select Sector SPDR	13.1	8	32	6.3	-1.5
FENY	Fidelity MSCI Energy Index ETF	13.1	8	32	6.2	-1.6
FTXN	First Trust Nasdaq Oil & Gas ETF	13.1	60	-20	7.8	-0.0
IYE	iShares U.S. Energy ETF	13.1	40	0	6.1	-1.7
INEQ	Columbia International Equity Income ETF	13.1	45	-5	7.4	-0.4
DFUV	Dimensional US Marketwide Value ETF	12.7	22	18	5.8	-2.0
USCF	Themes US Cash Flow Champions ETF	12.5	29	11	7.5	-0.3
EQL	Alps Equal Sector Weight ETF	12.2	25	15	5.1	-2.8
STXV	Strive 1000 Value ETF	12.0	18	22	6.6	-1.3
FTAG	First Trust Indxx Global Agriculture ETF	12.0	70	-30	6.6	-1.2
TEXN	iShares Texas Equity ETF	11.9	20	20	4.9	-2.9
DRLL	Strive U.S. Energy ETF	11.9	41	-1	6.9	-0.9
WOOD	iShares Global Timber & Forestry ETF	11.7	42	-2	10.9	+3.1
IMTM	iShares MSCI Intl Momentum Factor ETF	11.7	30	10	4.5	-3.3
COPX	Global X Copper Miners ETF	11.3	65	-25	3.8	-4.0
EQIN	Columbia US Equity Income ETF	11.2	35	5	5.9	-1.9
PYZ	Invesco Dorsey Wright Basic Materials Momentum ETF	11.2	60	-20	4.2	-3.6
FXN	First Trust Energy AlphaDEX Fund	11.2	62	-22	9.4	+1.6
RFDI	First Trust Riverfront Dynamic Developed International ETF	11.1	83	-43	7.2	-0.6
FRGN	Horizon International Equity ETF	11.1	75	-35	7.6	-0.3
IYM	iShares U.S. Basic Materials ETF	11.0	40	0	4.3	-3.5
SGRT	SMART Earnings Growth 30 ETF	11.0	59	-19	2.6	-5.2
MAGA	Point Bridge America First ETF	10.9	72	-32	5.1	-2.7
LVHI	Franklin International Low Volatility High Dividend Index ET	10.9	40	0	7.3	-0.5
FTA	First Trust Large Cap Value AlphaDEX Fund	10.8	59	-19	7.3	-0.6
DEW	WisdomTree Global High Dividend Fund	10.8	58	-18	6.9	-0.9
MOO	VanEck Agribusiness ETF	10.8	53	-13	8.3	+0.5
RPV	Invesco S&P 500 Pure Value ETF	10.7	35	5	8.3	+0.5
STRN	SMART Trend 25 ETF	10.6	59	-19	2.6	-5.2
IUS	Invesco RAFI Strategic US ETF	10.6	19	21	5.3	-2.5
PWV	Invesco Large Cap Value ETF	10.5	55	-15	5.7	-2.1
PXF	Invesco FTSE RAFI Developed Markets ex-U.S. ETF	10.5	45	-5	6.4	-1.4
RSPG	Invesco S&P 500 Equal Weight Energy ETF	10.4	40	0	7.7	-0.1
FXZ	First Trust Materials AlphaDEX Fund	10.4	61	-21	6.3	-1.5
DIVL	Madison Dividend Value ETF	10.2	65	-25	4.7	-3.1
GCOW	Pacer Global Cash Cows Dividend ETF	10.2	60	-20	9.0	+1.2
TPHD	Timothy Plan High Dividend Stock ETF	9.8	52	-12	6.0	-1.9
COPA	Themes Copper Miners ETF	9.7	35	5	2.7	-5.1
XOP	State Street SPDR S&P Oil & Gas Exploration & Production ETF	9.7	35	5	8.8	+1.0
TPHE	Timothy Plan High Dividend Stock Enhanced ETF	9.6	54	-14	6.0	-1.8
EV	Mast Global Battery Recycling & Production ETF	9.6	65	-25	6.4	-1.4
SGDM	Sprott Gold Miners ETF	9.6	50	-10	2.5	-5.3
VYM	Vanguard High Dividend Yield Index ETF	9.6	6	34	6.0	-1.8
EIPX	FT Energy Income Partners Strategy ETF	9.6	95	-55	5.6	-2.2
ICOW	Pacer Developed Markets International Cash Cows 100 ETF	9.5	65	-25	7.8	-0.0
HDEF	Xtrackers MSCI EAFE High Dividend Yield Equity ETF	9.4	9	31	7.4	-0.4
GPT	Intelligent Alpha Atlas ETF	9.3	69	-29	6.1	-1.7
DURA	VanEck Durable High Dividend ETF	9.3	29	11	6.2	-1.6
LVDS	JPMorgan Fundamental Data Science Large Value ETF	9.3	49	-9	4.6	-3.2
DFIV	Dimensional International Value ETF	9.2	27	13	7.3	-0.5
ABLD	Abacus FCF Real Assets Leaders ETF	9.2	69	-29	6.3	-1.5
FTRI	First Trust Indxx Global Natural Resources Income ETF	9.2	70	-30	6.1	-1.7
REVS	Columbia Research Enhanced Value ETF	9.2	19	21	6.3	-1.6
PTL	Inspire 500 ETF	9.1	9	31	4.5	-3.3
IVLU	iShares MSCI Intl Value Factor ETF	9.1	30	10	7.6	-0.2
BBCA	JPMorgan BetaBuilders Canada ETF	9.0	19	21	5.1	-2.7
VOE	Vanguard Mid-Cap Value ETF	9.0	7	33	6.5	-1.3
FLCA	Franklin FTSE Canada ETF	9.0	9	31	5.2	-2.6
EFV	iShares MSCI EAFE Value ETF	9.0	34	6	7.1	-0.7
FLGB	Franklin FTSE United Kingdom ETF	8.9	9	31	6.5	-1.3
LYLD	Cambria Large Cap Shareholder Yield ETF	8.9	59	-19	7.6	-0.2
MTUM	iShares MSCI USA Momentum Factor ETF	8.8	15	25	2.4	-5.4
EWU	iShares MSCI United Kingdom ETF	8.7	50	-10	7.0	-0.8
ECML	Euclidean Fundamental Value ETF	8.7	95	-55	8.3	+0.5
IQLT	iShares MSCI Intl Quality Factor ETF	8.7	30	10	5.3	-2.5
HDV	iShares Core High Dividend ETF	8.7	8	32	28.6	+20.8
VTV	Vanguard Value ETF	8.7	4	36	5.6	-2.2
DVY	iShares Select Dividend ETF	8.7	38	2	7.7	-0.1
SMRI	Bushido Capital US Equity ETF	8.6	71	-31	6.4	-1.4
BATT	Amplify Lithium & Battery Technology ETF	8.6	59	-19	1.9	-5.9
AGMI	Themes Silver Miners ETF	8.5	35	5	3.5	-4.3
FEGE	First Eagle Global Equity ETF	8.4	79	-39	5.7	-2.1
FEX	First Trust Large Cap Core AlphaDEX Fund	8.4	59	-19	4.9	-2.9
CRTC	Xtrackers US National Critical Technologies ETF	8.3	35	5	4.1	-3.8
STXI	Strive International Developed Markets ETF	8.3	29	11	6.3	-1.5
JPUS	JPMorgan Diversified Return U.S. Equity ETF	8.3	18	22	6.7	-1.1
DFVX	Dimensional US Large Cap Vector ETF	8.3	22	18	5.2	-2.6
DWMF	WisdomTree International Multifactor Fund	8.2	38	2	6.7	-1.1
EBI	Longview Advantage ETF	8.2	35	5	5.7	-2.1
DIVB	iShares Core Dividend ETF	8.1	5	35	6.3	-1.5
DIVN	Horizon Dividend Income ETF	8.0	70	-30	6.4	-1.4
FAB	First Trust Multi Cap Value AlphaDEX Fund	8.0	67	-27	8.1	+0.3
SCHY	Schwab International Dividend Equity ETF	8.0	14	26	8.3	+0.5
VOOV	Vanguard S&P 500 Value ETF	8.0	7	33	5.5	-2.3
DHS	WisdomTree U.S. High Dividend Fund	8.0	38	2	7.8	+0.0
SPYV	State Street SPDR Portfolio S&P 500 Value ETF	8.0	4	36	5.6	-2.3
IPKW	Invesco International BuyBack Achievers ETF	7.9	55	-15	7.6	-0.2
IMCB	iShares Morningstar Mid-Cap ETF	7.9	4	36	5.0	-2.8
IVE	iShares S&P 500 Value ETF	7.9	18	22	5.4	-2.4
FNDX	Schwab Fundamental US Large Co. Index ETF	7.9	25	15	5.9	-1.9
SPVM	Invesco S&P 500 Value with Momentum ETF	7.9	39	1	6.1	-1.7
PRF	Invesco FTSE RAFI US 1000 ETF	7.8	34	6	5.4	-2.4
AVLV	Avantis U.S. Large Cap Value ETF	7.8	15	25	5.6	-2.2
XME	State Street SPDR S&P Metals & Mining ETF	7.8	35	5	5.2	-2.6
BBAX	JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF	7.8	19	21	5.0	-2.8
FIVA	Fidelity International Value Factor ETF	7.8	18	22	6.9	-0.9
RING	iShares MSCI Global Gold Miners ETF	7.8	39	1	3.0	-4.8
EPP	iShares MSCI Pacific ex-Japan ETF	7.7	47	-7	4.7	-3.1
SLVP	iShares MSCI Global Silver Miners ETF	7.7	39	1	3.6	-4.2
QARP	Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	7.7	19	21	4.9	-2.9
IUSV	iShares Core S&P US Value ETF	7.6	4	36	5.7	-2.1
BRIF	FIS Bright Portfolios Focused Equity ETF	7.6	65	-25	3.3	-4.5
DTH	WisdomTree International High Dividend Fund	7.6	58	-18	6.9	-0.9
COWZ	Pacer US Cash Cows 100 ETF	7.5	49	-9	7.1	-0.7
VYMI	Vanguard International High Dividend Yield ETF	7.5	17	23	7.5	-0.3
QQWZ	Pacer Cash COWZ 100-Nasdaq100 Rotator ETF	7.5	49	-9	7.2	-0.6
FLAU	Franklin FTSE Australia ETF	7.5	9	31	5.6	-2.2
EWA	iShares MSCI Australia ETF	7.5	50	-10	5.1	-2.8
MFVL	Motley Fool Value Factor ETF	7.5	50	-10	5.3	-2.5
TXS	Texas Capital Texas Equity Index ETF	7.4	49	-9	4.8	-3.0
FNDB	Schwab Fundamental US Broad Market Index ETF	7.4	25	15	5.9	-1.9
SFGV	Sequoia Global Value ETF	7.4	23	17	6.9	-1.0
NVIR	Horizon Kinetics Energy and Remediation ETF	7.4	85	-45	5.0	-2.8
AFOS	ARS Focused Opportunities Strategy ETF	7.4	45	-5	1.9	-5.9
SPVU	Invesco S&P 500 Enhanced Value ETF	7.4	13	27	8.5	+0.7
FEP	First Trust Europe AlphaDEX Fund	7.3	80	-40	6.6	-1.2
XOEF	iShares S&P 500 ex S&P 100 ETF	7.3	20	20	4.6	-3.2
RWL	Invesco S&P 500 Revenue ETF	7.3	39	1	5.5	-2.3
IMCV	iShares Morningstar Mid-Cap Value ETF	7.3	6	34	6.6	-1.2
INTF	iShares International Equity Factor ETF	7.2	15	25	6.2	-1.6
VLU	State Street SPDR S&P 1500 Value Tilt ETF	7.2	12	28	6.0	-1.8
QVAL	Alpha Architect US Quantitative Value ETF	7.2	39	1	8.7	+0.8
FYLD	Cambria Foreign Shareholder Yield ETF	7.1	59	-19	9.5	+1.7
BLES	Inspire Global Hope ETF	7.1	61	-21	5.6	-2.3
VO	Vanguard Mid-Cap ETF	7.1	4	36	20.7	+12.9
NBCT	Neuberger Berman Carbon Transition Infrastructure ETF	7.0	55	-15	4.8	-3.0
AKAF	The Frontier Economic Fund	7.0	20	20	5.2	-2.6
EQAL	Invesco Russell 1000 Equal Weight ETF	7.0	20	20	5.9	-1.9
DLN	WisdomTree U.S. LargeCap Dividend Fund	7.0	28	12	5.3	-2.5
TPLE	Timothy Plan Us Large/Mid Cap Core Enhanced ETF	6.9	58	-18	5.2	-2.6
AFLG	First Trust Active Factor Large Cap ETF	6.9	55	-15	4.9	-2.9
IMFL	Invesco International Developed Dynamic Multifactor ETF	6.9	34	6	5.0	-2.8
FUNL	CornerCap Fundametrics Large-Cap ETF	6.9	50	-10	6.4	-1.4
TPLC	Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	6.9	52	-12	4.9	-2.9
FBCV	Fidelity Blue Chip Value ETF	6.9	59	-19	5.3	-2.5
WOMN	Impact Shares YWCA Women's Empowerment ETF	6.9	75	-35	4.6	-3.2
GEW	Cambria Global EW ETF	6.8	29	11	5.2	-2.6
EVUS	iShares ESG Aware MSCI USA Value ETF	6.8	18	22	5.3	-2.5
EQRR	ProShares Equities for Rising Rates ETF	6.8	35	5	5.3	-2.5
WWJD	Inspire International ETF	6.8	80	-40	6.0	-1.8
DGT	State Street SPDR Global Dow ETF	6.8	50	-10	5.5	-2.3
IVAL	Alpha Architect International Quantitative Value ETF	6.8	49	-9	7.3	-0.5
FEOE	First Eagle Overseas Equity ETF	6.8	79	-39	5.9	-1.9
MGV	Vanguard Mega Cap Value ETF	6.8	7	33	5.2	-2.6
DEUS	Xtrackers Russell US Multifactor ETF	6.8	17	23	6.3	-1.5
MDLV	Morgan Dempsey Large Cap Value ETF	6.7	58	-18	5.8	-2.1
DVYA	iShares Asia/Pacific Dividend ETF	6.7	49	-9	6.6	-1.3
VONV	Vanguard Russell 1000 Value ETF	6.7	7	33	5.1	-2.7
ULVM	VictoryShares US Value Momentum ETF	6.7	20	20	5.9	-1.9
ONEO	State Street SPDR Russell 1000 Momentum Focus ETF	6.7	20	20	5.9	-1.9
LIVR	Intelligent Livermore ETF	6.7	69	-29	3.1	-4.7
IWD	iShares Russell 1000 Value ETF	6.6	19	21	5.0	-2.8
DGLO	First Trust RBA Deglobalization ETF	6.6	70	-30	5.3	-2.5
DTD	WisdomTree U.S. Total Dividend Fund	6.6	28	12	5.5	-2.3
IWS	iShares Russell Mid-Cap Value ETF	6.6	23	17	5.8	-2.0
UMMA	Wahed Dow Jones Islamic World ETF	6.6	65	-25	3.5	-4.3
SYLD	Cambria Shareholder Yield ETF	6.5	59	-19	9.5	+1.7
GVUS	Marketbeta Russell 1000 Value Equity ETF	6.5	12	28	5.1	-2.7
QUVU	Hartford Quality Value ETF	6.5	46	-6	5.4	-2.4
EIPI	FT Energy Income Partners Enhanced Income ETF	6.5	110	-70	5.3	-2.5
IDEV	iShares Core MSCI International Developed Markets ETF	6.4	4	36	5.8	-2.0
AVIV	Avantis International Large Cap Value ETF	6.4	25	15	6.6	-1.2
EUSC	WisdomTree Europe Hedged SmallCap Equity Fund	6.4	58	-18	9.2	+1.4
SCHF	Schwab International Equity ETF	6.4	6	34	5.7	-2.1
QEFA	SPDR MSCI EAFE StrategicFactors ETF	6.4	30	10	5.8	-2.0
DSTX	Distillate International Fundamental Stability & Value ETF	6.3	55	-15	6.2	-1.6
MFDX	PIMCO RAFI Dynamic Multi-Factor International Equity ETF	6.3	39	1	6.0	-1.8
IWX	iShares Russell Top 200 Value ETF	6.3	20	20	4.7	-3.1
IDOG	ALPS International Sector Dividend Dogs ETF	6.3	50	-10	8.9	+1.1
GINX	SGI Enhanced Global Income ETF	6.2	98	-58	6.3	-1.5
IEV	iShares Europe ETF	6.2	67	-27	5.7	-2.1
ILCV	iShares Morningstar Value ETF	6.2	4	36	5.1	-2.7
TTAI	FCF International Quality ETF	6.2	59	-19	7.0	-0.8
AIVI	WisdomTree International AI Enhanced Value Fund	6.2	58	-18	5.9	-1.9
PRXV	Praxis Impact Large Cap Value ETF	6.2	36	4	5.3	-2.5
SCHD	Schwab US Dividend Equity ETF	6.1	6	34	7.6	-0.2
CEFA	Global X S&P Catholic Values Developed ex-US ETF	6.1	35	5	5.4	-2.4
SLX	VanEck Steel ETF	6.1	56	-16	9.8	+2.0
IVSI	Applied Finance IVS International Large ETF	6.1	65	-25	5.7	-2.2
JPME	JPMorgan Diversified Return U.S. Mid Cap Equity ETF	6.0	24	16	7.0	-0.8
SPDW	SPDR Portfolio Developed World ex-US ETF	6.0	3	37	5.6	-2.2
EFAV	iShares MSCI EAFE Min Vol Factor ETF	6.0	22	18	5.5	-2.3
MFUS	PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	6.0	29	11	5.5	-2.3
CWI	SPDR MSCI ACWI ex-US ETF	6.0	30	10	6.2	-1.6
IWR	iShares Russell Midcap ETF	5.9	19	21	5.2	-2.6
DGRO	iShares Core Dividend Growth ETF	5.9	8	32	5.4	-2.4
DGRW	WisdomTree US Quality Dividend Growth Fund	5.9	28	12	4.9	-2.9
FTXG	First Trust Nasdaq Food & Beverage ETF	5.9	60	-20	7.5	-0.3
VEA	Vanguard FTSE Developed Markets ETF	5.9	3	37	5.7	-2.1
IYK	iShares U.S. Consumer Staples ETF	5.9	40	0	5.9	-1.9
BKIE	BNY Mellon International Equity ETF	5.9	4	36	17.3	+9.5
SSPY	Syntax Stratified LargeCap ETF	5.9	30	10	5.9	-1.9
XMAG	Defiance Large Cap ex-Mag 7 ETF	5.9	35	5	4.2	-3.6
DIVI	Franklin International Core Dividend Tilt Index ETF	5.8	9	31	6.3	-1.5
IQDF	FlexShares International Quality Dividend Index Fund	5.8	47	-7	7.1	-0.7
VNSE	Natixis Vaughan Nelson Select ETF	5.7	80	-40	3.4	-4.4
SDOG	ALPS Sector Dividend Dogs ETF	5.7	36	4	7.8	-0.0
HEFA	iShares Currency Hedged MSCI EAFE ETF	5.7	35	5	5.6	-2.3
CDL	VictoryShares US Large Cap High Dividend Volatility Wtd ETF	5.7	35	5	6.7	-1.1
FELV	Fidelity Enhanced Large Cap Value ETF	5.7	18	22	5.2	-2.6
SPXT	ProShares S&P 500 Ex-Technology ETF	5.7	9	31	4.9	-3.0
CDC	VictoryShares US EQ Income Enhanced Volatility Wtd ETF	5.7	38	2	6.7	-1.1
EFA	iShares MSCI EAFE ETF	5.6	35	5	5.5	-2.3
FKU	First Trust United Kingdom AlphaDEX Fund	5.6	80	-40	6.9	-0.9
FLOW	Global X U.S. Cash Flow Kings 100 ETF	5.6	25	15	9.9	+2.1
PBJ	Invesco Food & Beverage ETF	5.6	57	-17	8.1	+0.3
JIVE	JPMorgan International Value ETF	5.6	55	-15	7.7	-0.2
WTV	WisdomTree US Value ETF	5.6	12	28	7.4	-0.4
BBEU	JPMorgan BetaBuilders Europe ETF	5.6	9	31	6.1	-1.7
HLAL	Wahed FTSE USA Shariah ETF	5.6	50	-10	3.6	-4.2
INFL	Horizon Kinetics Inflation Beneficiaries ETF	5.5	85	-45	2.6	-5.3
PIEL	Pacer International Export Leaders ETF	5.5	60	-20	4.0	-3.9
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	5.5	35	5	10.8	+3.0
CGDG	Capital Group Dividend Growers ETF	5.5	47	-7	5.1	-2.7
FCTR	First Trust Lunt U.S. Factor Rotation ETF	5.4	65	-25	4.6	-3.2
EUSA	iShares MSCI USA Equal Weighted ETF	5.4	9	31	5.4	-2.5
RFDA	RiverFront Dynamic US Dividend Advantage ETF	5.4	52	-12	4.9	-2.9
SIZE	iShares MSCI USA Size Factor ETF	5.4	15	25	5.3	-2.5
IEUR	iShares Core MSCI Europe ETF	5.4	11	29	6.2	-1.6
TPIF	Timothy Plan International ETF	5.4	62	-22	5.4	-2.4
INCE	Franklin Income Equity Focus ETF	5.4	29	11	5.3	-2.5
FIDI	Fidelity International High Dividend ETF	5.4	18	22	6.9	-0.9
AMOM	Qraft AI-Enhanced U.S. Large Cap Momentum ETF	5.4	75	-35	2.1	-5.7
SURE	AdvisorShares Insiders Advantage ETF	5.4	90	-50	7.5	-0.3
FDT	First Trust Developed Markets ex-US AlphaDEX Fund	5.3	80	-40	6.5	-1.3
BBLU	EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF	5.3	15	25	4.1	-3.7
DFAI	Dimensional International Core Equity Market ETF	5.3	18	22	5.8	-2.0
DOL	WisdomTree International LargeCap Dividend Fund	5.3	48	-8	5.4	-2.4
IDV	iShares International Select Dividend ETF	5.3	51	-11	8.8	+1.0
SCHV	Schwab U.S. Large-Cap Value ETF	5.3	4	36	5.5	-2.3
FLV	American Century Focused Large Cap Value ETF	5.3	42	-2	5.7	-2.1
JPIN	J.P. Morgan Diversified Return International Equity ETF	5.3	37	3	6.8	-1.0
AVUS	Avantis U.S. Equity ETF	5.3	15	25	4.6	-3.2
IMOM	Alpha Architect International Quantitative Momentum ETF	5.3	49	-9	4.5	-3.3
QDIV	Global X S&P 500 Quality Dividend ETF	5.3	20	20	7.4	-0.4
ONEY	State Street SPDR Russell 1000 Yield Focus ETF	5.2	20	20	8.4	+0.6
VGK	Vanguard FTSE Europe ETF	5.2	6	34	6.4	-1.4
FLEE	Franklin FTSE Europe ETF	5.2	9	31	6.2	-1.7
DYNF	BlackRock U.S. Equity Factor Rotation ETF	5.2	30	10	3.7	-4.1
NACP	Impact Shares NAACP Minority Empowerment ETF	5.2	49	-9	3.6	-4.2
RSP	Invesco S&P 500 Equal Weight ETF	5.2	20	20	5.7	-2.1
FDEV	Fidelity International Multifactor ETF	5.2	18	22	6.9	-0.9
DIVD	Altrius Global Dividend ETF Altrius Global Divid ETF	5.2	49	-9	7.6	-0.2
GSPY	Gotham Enhanced 500 ETF	5.2	50	-10	4.3	-3.6
SDY	State Street SPDR S&P Dividend ETF	5.2	35	5	6.0	-1.8
AUAU	Global X Gold Miners ETF	5.2	35	5	2.3	-5.5
AVMV	Avantis U.S. Mid Cap Value ETF	5.2	20	20	7.2	-0.6
ACWX	iShares MSCI ACWI ex U.S. ETF	5.2	34	6	6.1	-1.7
CBSE	Clough Select Equity ETF	5.2	85	-45	0.4	-7.4
JHMD	John Hancock Multifactor Developed International ETF	5.2	39	1	6.0	-1.8
PXI	Invesco Dorsey Wright Energy Momentum ETF	5.2	60	-20	4.7	-3.1
QLV	FlexShares US Quality Low Volatility Index Fund	5.2	22	18	4.9	-2.9
VFVA	Vanguard U.S. Value Factor ETF	5.1	13	27	8.5	+0.7
KROP	Global X AgTech & Food Innovation ETF	5.1	50	-10	5.9	-1.9
VLUE	iShares MSCI USA Value Factor ETF	5.1	15	25	5.9	-1.9
BIBL	Inspire 100 ETF	5.1	35	5	4.2	-3.6
CSTK	Invesco Comstock Contrarian Equity ETF	5.1	35	5	5.6	-2.2
PALC	Pacer Lunt Large Cap Multi-Factor Alternator ETF	5.1	60	-20	6.0	-1.8
CFA	VictoryShares US 500 Volatility Wtd ETF	5.1	35	5	5.3	-2.6
JIRE	JPMorgan International Research Enhanced Equity ETF	5.1	24	16	5.6	-2.3
CFO	VictoryShares US 500 Enhanced Volatility Wtd ETF	5.1	40	0	5.2	-2.6
LST	Leuthold Select Industries ETF	5.1	91	-51	4.6	-3.2
TOK	iShares MSCI Kokusai ETF	5.0	26	14	4.2	-3.6
GSID	Goldman Sachs MarketBeta International Equity ETF	5.0	20	20	5.6	-2.2
DBEU	Xtrackers MSCI Europe Hedged Equity ETF	5.0	46	-6	5.3	-2.5
GSEW	Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	5.0	9	31	5.1	-2.7
AIVL	WisdomTree U.S. AI Enhanced Value Fund	5.0	38	2	5.0	-2.9
RODM	Hartford Multifactor Developed Markets (ex-US) ETF	5.0	29	11	6.8	-1.0
LCTD	BlackRock World ex U.S. Carbon Transition Readiness ETF	5.0	20	20	5.5	-2.4
FENI	Fidelity Enhanced International ETF	5.0	28	12	5.6	-2.3
YALL	God Bless America ETF	5.0	65	-25	4.4	-3.4
DBEF	Xtrackers MSCI EAFE Hedged Equity ETF	5.0	36	4	5.1	-2.7
ESGD	iShares ESG Aware MSCI EAFE ETF	5.0	20	20	5.5	-2.3
QDEF	FlexShares Quality Dividend Defensive Index Fund	4.9	37	3	5.3	-2.5
DSPY	Tema S&P 500 Historical Weight ETF	4.9	18	22	4.3	-3.5
BGIG	Bahl & Gaynor Income Growth ETF	4.9	45	-5	4.4	-3.4
IEFA	iShares Core MSCI EAFE ETF	4.9	7	33	5.8	-2.0
YLDE	ClearBridge Dividend Strategy ESG ETF	4.9	60	-20	5.2	-2.6
ACEP	ARS Core Equity ETF	4.9	45	-5	3.9	-3.9
VSMV	VictoryShares US Multi-Factor Minimum Volatility ETF	4.9	35	5	5.8	-2.1
RECS	Columbia Research Enhanced Core ETF	4.8	15	25	5.2	-2.6
SAMM	Strategas Macro Momentum ETF	4.8	66	-26	3.7	-4.1
AVMC	Avantis U.S. Mid Cap Equity ETF	4.8	18	22	6.0	-1.8
RBLD	First Trust Alerian US NextGen Infrastructure ETF	4.8	65	-25	4.0	-3.8
VEU	Vanguard FTSE All-World ex-US Index Fund	4.8	4	36	6.5	-1.4
URTH	iShares MSCI World ETF	4.8	24	16	4.2	-3.6
DCOR	Dimensional US Core Equity 1 ETF	4.8	14	26	4.5	-3.3
ION	ProShares S&P Global Core Battery Metals ETF	4.8	58	-18	6.1	-1.7
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	4.8	29	11	4.0	-3.8
CGIE	Capital Group International Equity ETF	4.8	54	-14	4.4	-3.4
DFAC	Dimensional U.S. Core Equity 2 ETF	4.7	17	23	4.6	-3.2
QINT	American Century Quality Diversified International ETF	4.7	39	1	6.3	-1.5
MFMO	Motley Fool Momentum Factor ETF	4.6	50	-10	2.2	-5.6
TMDV	ProShares Russell US Dividend Growers ETF	4.6	35	5	6.0	-1.8
IEO	iShares U.S. Oil & Gas Exploration & Production ETF	4.6	40	0	8.4	+0.6
TOPC	iShares S&P 500 3% Capped ETF	4.6	15	25	4.3	-3.5
GVLU	Gotham 1000 Value ETF	4.6	50	-10	7.7	-0.1
VSDA	VictoryShares Dividend Accelerator ETF	4.6	35	5	6.3	-1.5
RVRB	Reverb ETF	4.6	30	10	3.7	-4.1
AUMI	Themes Gold Miners ETF	4.6	35	5	2.8	-5.0
NUMV	Nuveen ESG Mid-Cap Value ETF	4.6	31	9	5.4	-2.4
GDX	VanEck Gold Miners ETF	4.6	51	-11	2.6	-5.3
SPEU	SPDR Portfolio Europe ETF	4.6	7	33	6.3	-1.5
IMCG	iShares Morningstar Mid-Cap Growth ETF	4.5	6	34	3.3	-4.5
GSEU	Goldman Sachs ActiveBeta Europe Equity ETF	4.5	25	15	6.1	-1.7
EFNL	iShares MSCI Finland ETF	4.5	56	-16	5.5	-2.3
IXUS	iShares Core MSCI Total International Stock ETF	4.5	7	33	6.3	-1.5
ESG	FlexShares Trust FlexShares STOXX US ESG Select Index Fund	4.5	32	8	3.8	-4.0
FVAL	Fidelity Value Factor ETF	4.5	15	25	5.7	-2.1
HFXI	IQ FTSE International Equity Currency Neutral ETF	4.5	20	20	5.4	-2.4
FMDE	Fidelity Enhanced Mid Cap ETF	4.4	23	17	5.2	-2.6
STOX	Horizon Core Equity ETF	4.4	70	-30	3.5	-4.3
SPGM	SPDR Portfolio MSCI Global Stock Market ETF	4.4	9	31	4.7	-3.1
GOAU	U.S. Global GO GOLD and Precious Metal Miners ETF	4.4	60	-20	1.8	-6.0
QWLD	SPDR MSCI World StrategicFactors ETF	4.4	30	10	5.0	-2.8
IOO	iShares Global 100 ETF	4.4	41	-1	3.8	-4.0
TBG	TBG Dividend Focus ETF	4.4	59	-19	6.0	-1.8
SFTY	Horizon Managed Risk ETF	4.4	77	-37	3.4	-4.4
BEEX	BeeHive ETF	4.4	84	-44	3.6	-4.2
DXUV	Dimensional US Vector Equity ETF	4.4	28	12	5.0	-2.8
VUSV	Vanguard Wellington U.S. Value Active ETF	4.4	30	10	5.5	-2.3
KOKU	Xtrackers MSCI Kokusai Equity ETF	4.4	9	31	4.3	-3.5
DIVG	Invesco S&P 500 High Dividend Growers ETF	4.4	39	1	7.1	-0.7
QMOM	Alpha Architect U.S. Quantitative Momentum ETF	4.4	39	1	1.2	-6.6
JHML	John Hancock Multifactor Large Cap ETF	4.4	29	11	4.4	-3.4
GSIE	Goldman Sachs ActiveBeta International Equity ETF	4.4	25	15	5.9	-1.9
USMC	Principal U.S. Mega-Cap ETF	4.3	12	28	3.5	-4.3
IQDY	FlexShares International Quality Dividend Dynamic Index Fund	4.3	47	-7	6.9	-0.9
WLDR	Affinity World Leaders Equity ETF	4.3	67	-27	5.4	-2.4
TIME	Clockwise Core Equity & Innovation ETF	4.3	95	-55	2.1	-5.7
ACWI	iShares MSCI ACWI ETF	4.3	32	8	4.5	-3.3
ESGG	FlexShares STOXX Global ESG Select Index Fund	4.3	42	-2	3.9	-3.9
PY	Principal Value ETF	4.3	15	25	6.8	-1.0
SHE	State Street SPDR MSCI USA Gender Diversity ETF	4.3	20	20	4.2	-3.6
SPMO	Invesco S&P 500 Momentum ETF	4.3	13	27	3.0	-4.8
VXUS	Vanguard Total International Stock ETF	4.3	5	35	6.4	-1.4
IPAC	iShares Core MSCI Pacific ETF	4.2	9	31	5.2	-2.6
FEUZ	First Trust Eurozone AlphaDEX ETF	4.2	80	-40	6.4	-1.4
PXE	Invesco Energy Exploration & Production ETF	4.2	60	-20	10.4	+2.6
FEZ	SPDR EURO STOXX 50 ETF	4.2	29	11	5.6	-2.2
THRO	iShares U.S. Thematic Rotation Active ETF	4.2	90	-50	3.1	-4.7
EPS	WisdomTree U.S. LargeCap Fund	4.2	8	32	4.6	-3.2
MMTM	State Street SPDR S&P 1500 Momentum Tilt ETF	4.2	12	28	3.9	-3.9
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ETF	4.2	7	33	9.8	+2.0
HAPI	Harbor Human Capital Factor US Large Cap ETF	4.2	36	4	4.0	-3.8
DAK	Dakota Active Equity ETF	4.2	43	-3	3.7	-4.1
HGRO	Hedgeye Quality Growth ETF	4.2	70	-30	3.5	-4.3
GRNY	Fundstrat Granny Shots US Large Cap ETF	4.2	75	-35	2.2	-5.7
SPUS	SP Funds S&P 500 Sharia Industry Exclusions ETF	4.2	45	-5	3.6	-4.2
PFM	Invesco Dividend Achievers ETF	4.2	53	-13	4.6	-3.2
SGLC	SGI U.S. Large Cap Core ETF	4.2	85	-45	3.5	-4.3
IDMO	Invesco S&P International Developed Momentum ETF	4.2	25	15	4.9	-2.9
GOP	Unusual Whales Subversive Republican Trading ETF	4.1	50	-10	4.2	-3.6
GLOF	iShares Global Equity Factor ETF	4.1	20	20	5.4	-2.4
FXG	First Trust Consumer Staples AlphaDEX Fund	4.1	63	-23	8.3	+0.5
HEZU	iShares Currency Hedged MSCI Eurozone ETF	4.1	53	-13	5.4	-2.4
TLTD	FlexShares Morningstar Developed Markets ex-US Factor Tilt	4.1	39	1	6.6	-1.2
EZU	iShares MSCI Eurozone ETF	4.1	52	-12	5.5	-2.3
DFAU	Dimensional US Core Equity Market ETF	4.1	12	28	4.2	-3.6
UIVM	VictoryShares International Value Momentum ETF	4.1	35	5	7.5	-0.3
USMF	WisdomTree U.S. Multifactor Fund	4.1	28	12	6.7	-1.1
DDWM	WisdomTree Dynamic Currency Hedged International Equity Fund	4.0	40	0	5.5	-2.3
DWM	WisdomTree International Equity Fund	4.0	48	-8	5.4	-2.4
VIG	Vanguard Dividend Appreciation ETF	4.0	5	35	4.9	-2.9
RAUS	RACWI US ETF	4.0	15	25	4.1	-3.7
EWQ	iShares MSCI France ETF	4.0	53	-13	6.6	-1.2
AIEQ	AI Powered Equity ETF	4.0	75	-35	3.7	-4.1
GXUS	Goldman Sachs MarketBeta Total International Equity ETF	4.0	18	22	6.1	-1.7
DEEF	Xtrackers FTSE Developed ex US Multifactor ETF	4.0	24	16	6.7	-1.1
SAMT	Strategas Macro Thematic Opportunities ETF	4.0	65	-25	2.5	-5.3
DVND	Touchstone Dividend Select ETF	4.0	67	-27	5.1	-2.7
SPHD	Invesco S&P 500 High Dividend Low Volatility ETF	3.9	30	10	8.6	+0.8
NDIV	Amplify Natural Resources Dividend Income ETF	3.9	59	-19	11.0	+3.2
FCFY	First Trust S&P 500 Diversified Free Cash Flow ETF	3.9	60	-20	8.8	+1.0
SPXN	ProShares S&P 500 Ex-Financials ETF	3.9	9	31	4.0	-3.8
RAYD	Rayliant Quantitative Developed Market Equity ETF	3.9	80	-40	3.6	-4.2
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	3.9	41	-1	5.8	-2.0
CATH	Global X S&P 500 Catholic Values Custom ETF	3.9	29	11	4.0	-3.8
QUS	State Street SPDR MSCI USA StrategicFactors ETF	3.9	15	25	4.9	-2.9
CHRI	Global X S&P 500 Christian Values ETF	3.9	29	11	3.9	-3.9
VT	Vanguard Total World Stock ETF	3.9	6	34	4.9	-2.9
FDMO	Fidelity Momentum Factor ETF	3.9	15	25	2.5	-5.3
MNZL	Manzil Russell Halal USA Broad MarketETF	3.9	40	0	3.8	-4.0
SNPD	Xtrackers S&P ESG Dividend Aristocrats ETF	3.9	15	25	6.2	-1.6
USMV	iShares MSCI USA Min Vol Factor ETF	3.9	15	25	5.2	-2.6
GXLC	Global X U.S. 500 ETF	3.9	2	38	4.0	-3.8
OEI	Optimized Equity Income ETF	3.8	75	-35	3.5	-4.3
VOO	Vanguard S&P 500 ETF	3.8	3	37	4.2	-3.6
ADME	Aptus Drawdown Managed Equity ETF	3.8	79	-39	3.4	-4.4
SPYM	State Street SPDR Portfolio S&P 500 ETF	3.8	2	38	4.2	-3.6
SPY	SPDR S&P 500 ETF	3.8	9	31	4.1	-3.7
KLMN	Invesco MSCI North America Climate ETF	3.8	9	31	4.2	-3.6
IVV	iShares Core S&P 500 ETF	3.8	3	37	4.2	-3.6
QLC	FlexShares US Quality Large Cap Index Fund	3.8	25	15	4.4	-3.4
GLOV	Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF	3.8	25	15	5.5	-2.3
QRFT	Qraft Ai-Enhanced U.S. Large Cap ETF	3.8	75	-35	3.2	-4.6
DIHP	Dimensional International High Profitability ETF	3.8	29	11	5.6	-2.2
AVDE	Avantis International Equity ETF	3.8	23	17	5.9	-1.9
QLVD	FlexShares Developed Markets ex-US Quality Low Volatility In	3.8	32	8	5.1	-2.7
ILCB	iShares Morningstar U.S. Equity ETF	3.8	3	37	4.1	-3.7
RDIV	Invesco S&P Ultra Dividend Revenue ETF	3.8	39	1	8.9	+1.1
FDLS	Inspire Fidelis Multi Factor ETF	3.8	76	-36	3.0	-4.8
SPXV	ProShares S&P 500 Ex-Health Care ETF	3.7	9	31	3.9	-3.9
VV	Vanguard Large-Cap ETF	3.7	4	36	4.1	-3.7
TOV	JLens 500 Jewish Advocacy U.S. ETF	3.7	18	22	3.9	-3.9
FTDS	First Trust Dividend Strength ETF	3.7	70	-30	6.7	-1.2
VBR	Vanguard Small Cap Value ETF	3.7	7	33	7.6	-0.2
JQUA	JPMorgan U.S. Quality Factor ETF	3.7	12	28	4.8	-3.0
VONE	Vanguard Russell 1000 ETF	3.7	7	33	4.2	-3.6
DFUS	Dimensional U.S. Equity ETF	3.7	9	31	4.0	-3.8
OAIM	OneAscent International Equity ETF	3.7	95	-55	4.3	-3.5
DXIV	Dimensional International Vector Equity ETF	3.6	34	6	6.3	-1.5
IWB	iShares Russell 1000 ETF	3.6	15	25	4.1	-3.7
MEM	Matthews Emerging Markets Equity Active ETF	3.6	79	-39	8.3	+0.5
MBOX	Freedom Day Dividend ETF	3.6	39	1	6.5	-1.3
FLRG	Fidelity U.S. Multifactor ETF	3.6	15	25	5.8	-2.0
ONEV	State Street SPDR Russell 1000 Low Volatility Focus ETF	3.6	20	20	7.1	-0.7
IYY	iShares Dow Jones U.S. ETF	3.6	20	20	4.0	-3.8
KLMT	Invesco MSCI Global Climate 500 ETF	3.6	10	30	4.8	-3.0
FGD	First Trust Dow Jones Global Select Dividend Index Fund	3.6	56	-16	9.0	+1.2
SIXA	ETC 6 Meridian Mega Cap Equity ETF	3.6	80	-40	5.4	-2.4
SPTM	State Street SPDR Portfolio S&P 1500 Composite Stock Market	3.6	3	37	4.3	-3.5
ACVF	American Conservative Values ETF	3.6	75	-35	3.7	-4.1
EFAS	Global X MSCI SuperDividend EAFE ETF	3.6	57	-17	6.9	-0.9
JHMM	John Hancock Multifactor Mid Cap ETF	3.6	42	-2	5.4	-2.4
HDUS	Hartford Disciplined US Equity ETF	3.6	19	21	4.7	-3.1
INRO	iShares U.S. Industry Rotation Active ETF	3.6	42	-2	3.5	-4.3
FDL	First Trust Morningstar Dividend Leaders Index Fund	3.6	45	-5	8.7	+0.8
SPDG	State Street SPDR Portfolio S&P Sector Neutral Dividend ETF	3.6	5	35	7.4	-0.4
SETM	Sprott Energy Transition Materials ETF	3.6	65	-25	1.7	-6.1
GMET	VanEck Green Metals ETF	3.6	63	-23	0.8	-7.0
DFIC	Dimensional International Core Equity 2 ETF	3.6	23	17	6.0	-1.8
VTI	Vanguard Total Stock Market ETF	3.5	3	37	4.1	-3.7
JUST	Goldman Sachs JUST U.S. Large Cap Equity ETF	3.5	20	20	4.1	-3.7
PRAY	FIS Christian Stock Fund	3.5	69	-29	4.0	-3.8
VTHR	Vanguard Russell 3000 ETF	3.5	7	33	4.1	-3.7
IWV	iShares Russell 3000 ETF	3.5	20	20	4.0	-3.9
CGDV	Capital Group Dividend Value ETF	3.5	33	7	3.8	-4.0
FTCE	First Trust New Constructs Core Earnings Leaders ETF	3.5	60	-20	4.6	-3.2
DIVY	Sound Equity Dividend Income ETF	3.5	45	-5	7.5	-0.3
LVHD	Franklin U.S. Low Volatility High Dividend Index ETF	3.5	27	13	6.5	-1.3
UDI	USCF Dividend Income Fund	3.5	65	-25	6.3	-1.5
SPDV	AAM S&P 500 High Dividend Value ETF	3.5	29	11	10.3	+2.5
QVML	Invesco S&P 500 QVM Multi-factor ETF	3.5	11	29	4.2	-3.6
ASLV	Allspring Special Large Value ETF	3.5	35	5	5.0	-2.8
ITOT	iShares Core S&P Total U.S. Stock Market ETF	3.5	3	37	4.1	-3.7
VFMO	Vanguard U.S. Momentum Factor ETF	3.5	13	27	1.7	-6.1
KOCG	FIS Knights of Columbus Global Belief ETF	3.4	75	-35	4.6	-3.2
PBUS	Invesco MSCI USA ETF	3.4	4	36	4.2	-3.7
JVAL	JPMorgan U.S. Value Factor ETF	3.4	12	28	6.5	-1.3
LRGF	iShares U.S. Equity Factor ETF	3.4	8	32	4.5	-3.3
VOTE	TCW Transform 500 ETF	3.4	5	35	4.1	-3.8
VFMF	Vanguard U.S. Multifactor ETF	3.4	18	22	6.2	-1.6
SMOT	VanEck Morningstar SMID Moat ETF	3.4	49	-9	6.2	-1.6
BKLC	BNY Mellon US Large Cap Core Equity ETF	3.4	0	40	12.3	+4.5
ESMV	iShares ESG MSCI USA Min Vol Factor ETF	3.4	18	22	5.0	-2.8
RFFC	ALPS Active Equity Opportunity ETF	3.4	48	-8	3.6	-4.2
VPL	Vanguard FTSE Pacific ETF	3.3	7	33	4.9	-2.9
APUE	ActivePassive U.S. Equity ETF	3.3	45	-5	3.9	-4.0
FDLO	Fidelity Low Volatility Factor ETF	3.3	15	25	4.8	-3.0
BBUS	JP Morgan Betabuilders U.S. Equity ETF	3.3	2	38	4.1	-3.7
CVAR	Cultivar ETF	3.3	87	-47	6.6	-1.3
KONG	Formidable Fortress ETF	3.3	89	-49	5.0	-2.8
ICAP	InfraCap Equity Income Fund ETF	3.3	171	-131	4.5	-3.3
PSL	Invesco Dorsey Wright Consumer Staples Momentum ETF	3.3	60	-20	5.6	-2.2
BKCI	BNY Mellon Concentrated International ETF	3.3	80	-40	4.9	-2.9
WDNA	WisdomTree BioRevolution Fund	3.3	45	-5	-1.8	-9.6
SWP	SWP Growth & Income ETF	3.3	99	-59	4.4	-3.4
GSUS	Goldman Sachs MarketBeta U.S. Equity ETF	3.3	7	33	4.0	-3.8
GUSA	Goldman Sachs MarketBeta U.S. 1000 Equity ETF	3.3	11	29	4.1	-3.7
DBEZ	Xtrackers MSCI Eurozone Hedged Equity ETF	3.3	45	-5	5.4	-2.4
VFLO	VictoryShares Free Cash Flow ETF	3.2	39	1	6.1	-1.7
GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	3.2	9	31	4.3	-3.5
FQAL	Fidelity Quality Factor ETF	3.2	15	25	4.8	-3.0
TILT	FlexShares Morningstar US Market Factor Tilt Index Fund	3.2	25	15	4.8	-3.0
FTGS	First Trust Growth Strength ETF	3.2	60	-20	3.6	-4.2
CZAR	Themes Natural Monopoly ETF	3.2	35	5	5.3	-2.5
EASG	Xtrackers MSCI EAFE ESG Leaders Equity ETF	3.2	14	26	5.1	-2.7
CCSO	Carbon Collective Climate Solutions US Equity ETF	3.2	35	5	1.0	-6.8
QUAL	iShares MSCI USA Quality Factor ETF	3.1	15	25	4.4	-3.4
VAMO	Cambria Value & Momentum ETF	3.1	61	-21	5.1	-2.7
FDRR	Fidelity Dividend ETF for Rising Rates	3.1	15	25	5.5	-2.3
SNPV	Xtrackers S&P 500 Value ESG ETF	3.1	15	25	5.4	-2.4
YOKE	Yoke Core ETF	3.1	42	-2	3.8	-4.0
NULV	Nuveen ESG Large-Cap Value ETF	3.1	26	14	4.9	-2.9
DFAX	Dimensional World ex U.S. Core Equity 2 ETF	3.1	30	10	6.1	-1.7
JGLO	JPMorgan Global Select Equity ETF	3.1	33	7	4.2	-3.6
ABEQ	Absolute Select Value ETF	3.1	85	-45	4.3	-3.5
AUSF	Global X Adaptive U.S. Factor ETF	3.1	27	13	7.9	+0.1
ESGU	iShares ESG Aware MSCI USA ETF	3.1	15	25	4.1	-3.7
JOET	Virtus Terranova US Quality Momentum ETF	3.0	29	11	3.8	-4.0
IWL	iShares Russell Top 200 ETF	3.0	15	25	3.8	-4.0
FFLC	Fidelity Fundamental Large Cap Core ETF	3.0	38	2	3.8	-4.0
IQDG	WisdomTree International Quality Dividend Growth Fund	3.0	42	-2	5.6	-2.2
FCPI	Fidelity Stocks for Inflation ETF	3.0	15	25	5.7	-2.1
BUL	Pacer US Cash Cows Growth ETF	3.0	60	-20	3.3	-4.5
LGDX	Intech S&P Large Cap Diversified Alpha ETF	3.0	25	15	4.1	-3.7
ROUS	Hartford Multifactor US Equity ETF	3.0	19	21	5.3	-2.5
USEW	Cambria US EW ETF	3.0	30	10	4.1	-3.7
IHDG	WisdomTree International Hedged Quality Dividend Growth Fund	3.0	58	-18	5.2	-2.6
ROE	Astoria US Quality Kings ETF	2.9	49	-9	5.2	-2.6
BLCR	iShares Large Cap Core Active ETF	2.9	36	4	2.9	-4.9
TIIV	AAM Todd International Intrinsic Value ETF	2.9	54	-14	9.3	+1.5
SFY	SoFi Select 500 ETF	2.9	0	40	3.7	-4.1
VDC	Vanguard Consumer Staples ETF	2.9	9	31	5.6	-2.2
FELC	Fidelity Enhanced Large Cap Core ETF	2.9	18	22	4.2	-3.6
VRAI	Virtus Real Asset Income ETF	2.9	55	-15	8.1	+0.3
VALQ	American Century U.S. Quality Value ETF	2.9	29	11	6.9	-0.9
GQI	Natixis Gateway Quality Income ETF	2.9	34	6	4.6	-3.2
FID	First Trust S&P International Dividend Aristocrats ETF	2.8	60	-20	7.4	-0.4
BLCV	iShares Large Cap Value Active ETF	2.8	53	-13	5.9	-1.9
JAVA	JPMorgan Active Value ETF	2.8	44	-4	5.3	-2.6
ENHU	iShares Enhanced Large Cap Core Active ETF	2.8	22	18	4.1	-3.8
ACWV	iShares MSCI Global Min Vol Factor ETF	2.8	20	20	5.5	-2.3
SNPE	Xtrackers S&P 500 ESG ETF	2.8	10	30	4.3	-3.6
PABD	iShares Paris-Aligned Climate MSCI World ex USA ETF	2.8	12	28	5.1	-2.7
LCTU	BlackRock U.S. Carbon Transition Readiness ETF	2.8	14	26	4.1	-3.7
FSST	Fidelity Sustainable U.S. Equity ETF	2.8	59	-19	3.6	-4.2
VFMV	Vanguard U.S. Minimum Volatility ETF	2.8	13	27	5.7	-2.1
FCG	First Trust Natural Gas ETF	2.8	60	-20	13.0	+5.2
FNK	First Trust Mid Cap Value AlphaDEX Fund	2.8	70	-30	9.1	+1.3
DNL	WisdomTree Global ex-US Quality Dividend Growth Fund	2.7	42	-2	4.0	-3.8
VUSE	Vident U.S. Equity Strategy ETF	2.7	50	-10	3.7	-4.1
DTAN	Sparkline International Intangible Value ETF	2.7	55	-15	6.8	-1.0
EAFG	Pacer Developed Markets Cash Cows Growth Leaders ETF	2.7	65	-25	4.1	-3.8
FSTA	FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF	2.7	8	32	5.6	-2.2
MGC	Vanguard Mega Cap ETF	2.7	7	33	3.9	-4.0
POWA	Invesco Bloomberg Pricing Power ETF	2.7	40	0	5.9	-1.9
UPGD	Invesco Bloomberg Analyst Rating Improvers ETF	2.7	40	0	5.2	-2.6
BGRO	iShares Large Cap Growth Active ETF	2.7	55	-15	1.9	-5.9
SCHX	Schwab U.S. Large-Cap ETF	2.7	3	37	4.2	-3.6
SCHM	Schwab U.S. Mid-Cap ETF	2.7	4	36	5.8	-2.1
URA	Global X Uranium ETF	2.7	69	-29	0.9	-6.9
LRGC	AB US Large Cap Strategic Equities ETF	2.6	48	-8	3.8	-4.0
SCHK	Schwab 1000 Index ETF	2.6	5	35	4.2	-3.6
TOPT	iShares Top 20 U.S. Stocks ETF	2.6	20	20	3.3	-4.5
EDOW	First Trust Dow 30 Equal Weight ETF	2.6	50	-10	4.5	-3.3
DJD	Invesco Dow Jones Industrial Average Dividend ETF	2.6	7	33	6.4	-1.5
BDIV	AAM Brentview Dividend Growth ETF	2.6	49	-9	3.7	-4.1
COPY	Tweedy, Browne Insider + Value ETF	2.6	80	-40	13.9	+6.1
FVD	First Trust Value Line Dividend Index Fund	2.6	65	-25	5.6	-2.3
SCHB	Schwab U.S. Broad Market ETF	2.6	3	37	4.2	-3.6
RSPS	Invesco S&P 500 Equal Weight Consumer Staples ETF	2.5	40	0	7.0	-0.8
XLP	Consumer Staples Select Sector SPDR	2.5	8	32	5.8	-2.0
XLG	Invesco S&P 500 Top 50 ETF	2.5	20	20	3.7	-4.1
EQWL	Invesco S&P 100 Equal Weight ETF	2.5	25	15	5.2	-2.6
NORW	Global X MSCI Norway ETF	2.5	50	-10	7.7	-0.1
ENOR	iShares MSCI Norway ETF	2.5	53	-13	7.5	-0.3
OEF	iShares S&P 100 ETF	2.5	20	20	3.8	-4.0
ABIG	Argent Large Cap ETF	2.5	49	-9	4.4	-3.5
PAVE	Global X U.S. Infrastructure Development ETF	2.5	47	-7	4.4	-3.4
IFRA	iShares U.S. Infrastructure ETF	2.5	30	10	5.8	-2.0
HWAY	Themes US Infrastructure ETF	2.5	29	11	4.7	-3.1
VB	Vanguard Small-Cap ETF	2.5	5	35	5.1	-2.7
ABFL	Abacus FCF Leaders ETF	2.5	59	-19	4.0	-3.8
KNGZ	First Trust S&P 500 Diversified Dividend Aristocrats ETF	2.4	50	-10	7.9	+0.1
YNOT	Horizon Digital Frontier ETF	2.4	75	-35	2.6	-5.2
LSAF	LeaderShares AlphaFactor US Core Equity ETF	2.4	75	-35	5.7	-2.2
DIVZ	TrueShares Low Volatility Equity Income ETF	2.4	65	-25	6.0	-1.9
IGRO	iShares International Dividend Growth ETF	2.4	15	25	6.4	-1.4
NUDV	Nuveen ESG Dividend ETF	2.4	26	14	5.9	-1.9
FFTY	Innovator IBD 50 ETF	2.4	80	-40	0.1	-7.7
BOUT	Innovator IBD Breakout Opportunities ETF	2.3	81	-41	3.1	-4.7
JIG	JPMorgan International Growth ETF	2.3	55	-15	3.5	-4.3
EUDG	WisdomTree Europe Quality Dividend Growth Fund	2.3	58	-18	6.3	-1.6
CGGR	Capital Group Growth ETF	2.3	39	1	2.6	-5.2
DIA	SPDR Dow Jones Industrial Average ETF	2.3	16	24	4.7	-3.1
HELX	Franklin Genomic Advancements ETF	2.3	50	-10	-1.2	-9.0
DSTL	Distillate US Fundamental Stability & Value ETF	2.3	39	1	7.0	-0.8
SUSL	iShares ESG MSCI USA Leaders ETF	2.3	10	30	4.1	-3.7
PID	Invesco International Dividend Achievers ETF	2.3	53	-13	4.1	-3.7
ILF	iShares Latin America 40 ETF	2.3	48	-8	9.3	+1.5
VIGI	Vanguard International Dividend Appreciation ETF	2.3	10	30	5.8	-2.0
AQEC	AQE Core ETF	2.3	49	-9	5.1	-2.7
IDLV	Invesco S&P International Developed Low Volatility ETF	2.3	25	15	6.1	-1.7
DON	WisdomTree U.S. MidCap Dividend Fund	2.2	38	2	7.9	+0.1
FMKT	The Free Markets ETF	2.2	76	-36	4.0	-3.8
USCL	iShares Climate Conscious & Transition MSCI USA ETF	2.2	8	32	4.3	-3.5
EFG	iShares MSCI EAFE Growth ETF	2.2	36	4	3.7	-4.1
COWG	Pacer US Large Cap Cash Cows Growth Leaders ETF	2.2	49	-9	4.5	-3.3
OTGL	OTG Latin America ETF	2.2	269	-229	7.5	-0.3
LCF	Touchstone US Large Cap Focused ETF	2.2	69	-29	3.5	-4.3
SPHQ	Invesco S&P 500 Quality ETF	2.2	15	25	4.7	-3.1
CRBN	iShares MSCI ACWI Low Carbon Target ETF	2.2	20	20	4.6	-3.2
BMVP	Invesco Bloomberg MVP Multi-factor ETF	2.2	29	11	6.6	-1.3
OALC	OneAscent Large Cap Core ETF	2.2	86	-46	3.3	-4.5
CRAK	VanEck Oil Refiners ETF	2.2	61	-21	7.0	-0.8
WDIV	SPDR S&P Global Dividend ETF	2.2	40	0	8.6	+0.8
JPEF	JPMorgan Equity Focus ETF	2.2	50	-10	3.8	-4.0
AGQI	First Trust Active Global Quality Income ETF	2.1	85	-45	6.2	-1.6
FNX	First Trust Mid Cap Core AlphaDEX Fund	2.1	60	-20	6.1	-1.7
DUSA	Davis Select U.S. Equity ETF	2.1	61	-21	6.9	-1.0
KVLE	KraneShares Value Line Dynamic Dividend Equity Index ETF	2.1	56	-16	6.7	-1.1
USCA	Xtrackers MSCI USA Climate Action Equity ETF	2.1	7	33	4.3	-3.5
SEIM	SEI Enhanced U.S. Large Cap Momentum Factor ETF	2.1	15	25	3.0	-4.8
USRD	Themes US R&D Champions ETF	2.1	29	11	4.0	-3.8
DSI	iShares MSCI KLD 400 Social ETF	2.1	25	15	4.1	-3.8
FPA	First Trust Asia Pacific ex-Japan AlphaDEX Fund	2.1	80	-40	7.0	-0.8
BFOR	ALPS Barron's 400 ETF	2.1	65	-25	21.1	+13.3
NETZ	TCW Transform Systems ETF	2.1	75	-35	1.5	-6.4
FSCS	First Trust SMID Capital Strength ETF	2.1	60	-20	7.0	-0.8
RNMC	First Trust Mid Cap US Equity Select ETF	2.1	60	-20	6.7	-1.1
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	2.1	10	30	4.1	-3.7
AVEM	Avantis Emerging Markets Equity ETF	2.0	33	7	6.8	-1.1
JMOM	JPMorgan U.S. Momentum Factor ETF	2.0	12	28	3.3	-4.5
EGLE	Global X S&P 500 U.S. Revenue Leaders ETF	2.0	19	21	4.6	-3.2
WCEO	Hypatia Women CEO ETF	2.0	85	-45	4.4	-3.4
SELV	SEI Enhanced Low Volatility U.S. Large Cap ETF	2.0	15	25	6.1	-1.7
DEHP	Dimensional Emerging Markets High Profitability ETF	2.0	41	-1	4.7	-3.1
GQQQ	Astoria US Quality Growth Kings ETF	2.0	35	5	3.3	-4.5
ANEW	ProShares MSCI Transformational Changes ETF	2.0	45	-5	4.1	-3.7
ICPY	Tweedy, Browne International Insider Value ETF	2.0	80	-40	19.9	+12.1
SMIG	AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF	2.0	60	-20	5.1	-2.7
FLQL	Franklin LibertyQ U.S. Equity ETF	2.0	15	25	4.6	-3.2
LCDS	JPMorgan Fundamental Data Science Large Core ETF	2.0	30	10	4.0	-3.8
DFSU	Dimensional US Sustainability Core 1 ETF	1.9	18	22	4.6	-3.2
IVOV	Vanguard S&P Mid-Cap 400 Value ETF	1.9	10	30	7.8	+0.0
MDYV	State Street SPDR S&P 400 Mid Cap Value ETF	1.9	15	25	7.8	0.0
IJJ	iShares S&P Mid-Cap 400 Value ETF	1.9	18	22	7.8	-0.0
EPU	iShares MSCI Peru and Global Exposure ETF	1.9	59	-19	4.2	-3.6
MODL	VictoryShares WestEnd U.S. Sector ETF	1.9	42	-2	3.9	-3.9
GXPS	Global X PureCap MSCI Consumer Staples ETF	1.9	25	15	4.9	-2.9
KNO	AXS Knowledge Leaders ETF	1.9	78	-38	3.9	-3.9
CGXU	Capital Group International Focus Equity ETF	1.9	54	-14	3.7	-4.1
STXM	Strive Mid-Cap ETF	1.9	18	22	6.0	-1.8
RSPE	Invesco ESG S&P 500 Equal Weight ETF	1.9	20	20	5.4	-2.5
VSLU	Applied Finance Valuation Large Cap ETF	1.9	49	-9	4.8	-3.0
DINT	Davis Select International ETF	1.9	55	-15	5.9	-1.9
AVXC	Avantis Emerging Markets Ex-China Equity ETF	1.9	33	7	5.9	-2.0
BRAZ	Global X Brazil Active ETF	1.8	75	-35	9.8	+2.0
SFYF	SoFi Social 50 ETF	1.8	29	11	0.8	-7.1
XVV	iShares ESG Screened S&P 500 ETF	1.8	8	32	4.1	-3.7
DWX	SPDR S&P International Dividend ETF	1.8	45	-5	6.6	-1.2
BBMC	JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	1.8	7	33	5.2	-2.6
AVES	Avantis Emerging Markets Value ETF	1.8	36	4	8.6	+0.8
JHID	John Hancock International High Dividend ETF	1.8	46	-6	7.5	-0.3
TMAT	Main Thematic Innovation ETF	1.8	164	-124	-2.0	-9.8
NULC	Nuveen ESG Large-Cap ETF	1.8	21	19	3.9	-3.9
HUSV	First Trust Horizon Managed Volatility Domestic ETF	1.7	70	-30	4.7	-3.1
JEMA	JPMorgan ActiveBuilders Emerging Markets Equity ETF	1.7	33	7	6.5	-1.3
SUSA	iShares MSCI USA ESG Select ETF	1.7	25	15	3.9	-3.9
GVAL	Cambria Global Value ETF	1.7	68	-28	8.0	+0.2
FXR	First Trust Industrials/Producer Durables AlphaDEX Fund	1.7	61	-21	6.1	-1.7
ERTH	Invesco MSCI Sustainable Future ETF	1.7	62	-22	3.3	-4.5
CGGO	Capital Group Global Growth Equity ETF	1.7	47	-7	4.0	-3.8
FPAG	FPA Global Equity ETF	1.7	49	-9	5.5	-2.3
EZM	WisdomTree U.S. MidCap Fund	1.7	38	2	7.9	+0.1
SAGP	Strategas Global Policy Opportunities ETF	1.7	65	-25	4.7	-3.1
SPYX	State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF	1.7	20	20	3.9	-3.9
VIDI	Vident International Equity Strategy ETF	1.7	61	-21	7.8	-0.0
RAFE	PIMCO RAFI ESG U.S. ETF	1.7	29	11	5.8	-2.0
JHDV	John Hancock U.S. High Dividend ETF	1.7	34	6	5.8	-2.0
BGDV	Bahl & Gaynor Dividend ETF	1.7	45	-5	3.9	-3.9
LNGX	Global X U.S. Natural Gas ETF	1.7	45	-5	9.7	+1.9
RGEF	Rockefeller Global Equity ETF	1.7	55	-15	3.8	-4.0
SEIV	SEI Enhanced U.S. Large Cap Value Factor ETF	1.6	15	25	7.5	-0.4
AFMC	First Trust Active Factor Mid Cap ETF	1.6	65	-25	6.9	-0.9
FLDZ	RiverNorth Patriot ETF	1.6	75	-35	6.0	-1.8
AADR	AdvisorShares Dorsey Wright ADR ETF	1.6	110	-70	3.1	-4.7
LGLV	State Street SPDR US Large Cap Low Volatility Index ETF	1.6	12	28	5.6	-2.2
IQSU	IQ Candriam U.S. Large Cap Equity ETF	1.6	9	31	4.2	-3.6
BWEB	Bitwise Web3 ETF	1.6	85	-45	-0.1	-7.9
BINV	Brandes International ETF	1.6	70	-30	8.1	+0.3
EWS	iShares MSCI Singapore ETF	1.6	50	-10	3.5	-4.3
IQSI	IQ Candriam International Equity ETF	1.6	15	25	5.4	-2.4
SILJ	ETFMG Prime Junior Silver Miners ETF	1.6	69	-29	0.4	-7.4
ABLG	Abacus FCF International Leaders ETF	1.5	59	-19	6.5	-1.3
PEY	Invesco High Yield Equity Dividend Achievers ETF	1.5	52	-12	8.2	+0.4
XJH	iShares ESG Screened S&P Mid-Cap ETF	1.5	12	28	5.9	-1.9
JEPI	JPMorgan Equity Premium Income ETF	1.5	35	5	5.2	-2.6
KOMP	State Street SPDR S&P Kensho New Economies Composite ETF	1.5	20	20	0.8	-7.0
AVSD	Avantis Responsible International Equity ETF	1.5	23	17	5.7	-2.1
GLBL	Pacer MSCI World Industry Advantage ETF	1.5	65	-25	3.4	-4.4
PKW	Invesco Buyback Achievers ETF	1.5	62	-22	6.7	-1.1
KXI	iShares Global Consumer Staples ETF	1.5	41	-1	5.4	-2.4
DFAT	Dimensional U.S. Targeted Value ETF	1.5	28	12	8.2	+0.4
AMZA	InfraCap MLP ETF	1.5	164	-124	5.3	-2.5
MCDS	JPMorgan Fundamental Data Science Mid Core ETF	1.5	35	5	4.8	-3.0
CGV	Conductor Global Equity Value ETF	1.4	130	-90	7.5	-0.3
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	1.4	30	10	7.2	-0.6
OCEN	IQ Clean Oceans ETF	1.4	45	-5	4.6	-3.2
ZIG	Acquirers Fund	1.4	84	-44	20.5	+12.7
FTC	First Trust Large Cap Growth AlphaDEX Fund	1.4	59	-19	1.9	-5.9
DFSV	Dimensional US Small Cap Value ETF	1.4	31	9	8.3	+0.5
MDY	SPDR S&P Midcap 400 ETF Trust	1.4	23	17	5.9	-1.9
RWK	Invesco S&P MidCap 400 Revenue ETF	1.4	39	1	7.6	-0.2
AFK	VanEck Africa Index ETF	1.4	98	-58	10.1	+2.3
IQSM	IQ Candriam U.S. Mid Cap Equity ETF	1.4	15	25	4.9	-2.9
SIXL	ETC 6 Meridian Low Beta Equity ETF	1.4	80	-40	5.9	-2.0
USSE	Segall Bryant & Hamill Select Equity ETF	1.4	65	-25	3.0	-4.8
TMFC	Motley Fool 100 Index ETF	1.4	50	-10	3.0	-4.9
DISV	Dimensional International Small Cap Value ETF	1.4	42	-2	7.5	-0.3
IJH	iShares Core S&P Mid-Cap ETF	1.4	5	35	6.1	-1.7
SPMD	State Street SPDR Portfolio S&P 400 Mid Cap ETF	1.4	3	37	6.1	-1.7
JHSC	John Hancock Multifactor Small Cap ETF	1.4	42	-2	5.9	-1.9
IVOO	Vanguard S&P Mid-Cap 400 ETF	1.4	7	33	6.1	-1.8
MVAL	VanEck Morningstar Wide Moat Value ETF	1.4	49	-9	6.1	-1.7
SMMD	iShares Russell 2500 ETF	1.3	15	25	5.4	-2.4
PWB	Invesco Large Cap Growth ETF	1.3	56	-16	2.1	-5.7
DEXC	Dimensional Emerging Markets ex China Core EquityETF	1.3	53	-13	4.9	-2.9
SHRY	First Trust Bloomberg Shareholder Yield ETF	1.3	60	-20	8.2	+0.4
APIE	ActivePassive International Equity ETF	1.3	45	-5	6.2	-1.6
QVMM	Invesco S&P MidCap 400 QVM Multi-factor ETF	1.3	15	25	6.1	-1.7
VSGX	Vanguard ESG International Stock ETF	1.3	10	30	6.3	-1.5
RPG	Invesco S&P 500 Pure Growth ETF	1.3	35	5	2.7	-5.1
IPAV	Global X Infrastructure Development ex-U.S. ETF	1.2	55	-15	5.8	-2.0
MIDE	Xtrackers S&P MidCap 400 ESG ETF	1.2	15	25	6.7	-1.1
SPEM	SPDR Portfolio Emerging Markets ETF	1.2	7	33	9.2	+1.4
BKMC	BNY Mellon US Mid Cap Core Equity ETF	1.2	4	36	16.9	+9.1
MDCP	VictoryShares THB Mid Cap ESG ETF	1.2	55	-15	4.9	-2.9
IEZ	iShares U.S. Oil Equipment & Services ETF	1.2	40	0	2.6	-5.2
OIH	VanEck Oil Services ETF	1.2	35	5	2.4	-5.4
EEMO	Invesco S&P Emerging Markets Momentum ETF	1.2	29	11	6.3	-1.5
XES	State Street SPDR S&P Oil & Gas Equipment & Services ETF	1.2	35	5	1.2	-6.6
SPGP	Invesco S&P 500 GARP ETF	1.2	34	6	5.7	-2.1
TOLL	Tema Durable Quality ETF	1.2	75	-35	3.9	-3.9
CVLC	Calvert US Large-Cap Core Responsible Index ETF	1.2	15	25	4.2	-3.6
NIXT	Research Affiliates Deletions ETF	1.1	9	31	5.9	-1.9
CALF	Pacer US Small Cap Cash Cows 100 ETF	1.1	59	-19	8.0	+0.2
JGRO	JPMorgan Active Growth ETF	1.1	44	-4	2.6	-5.2
LOGO	Alpha Brands Consumption Leaders ETF	1.1	69	-29	2.7	-5.1
ILCG	iShares Morningstar Growth ETF	1.1	4	36	3.2	-4.6
VFQY	Vanguard U.S. Quality Factor ETF	1.1	13	27	5.3	-2.5
ISCV	iShares Morningstar Small Cap Value ETF	1.1	6	34	7.4	-0.4
FPWR	First Trust EIP Power Solutions ETF	1.1	96	-56	4.5	-3.3
EWI	iShares MSCI Italy ETF	1.1	50	-10	10.9	+3.1
RFV	Invesco S&P Midcap 400 Pure Value ETF	1.1	35	5	10.6	+2.8
EFAX	SPDR MSCI EAFE Fossil Fuel Reserves Free ETF	1.1	20	20	5.4	-2.4
NUSC	Nuveen ESG Small-Cap ETF	1.1	31	9	4.8	-3.0
PEXL	Pacer US Export Leaders ETF	1.1	60	-20	3.2	-4.7
OPTZ	Optimize Strategy Index ETF	1.1	50	-10	3.4	-4.4
HDMV	First Trust Horizon Managed Volatility Developed Intl ETF	1.1	80	-40	5.3	-2.5
ESML	iShares ESG Aware MSCI USA Small-Cap ETF	1.1	17	23	4.8	-3.0
SMOX	Horizon Small/Mid Cap Core Equity ETF	1.1	75	-35	5.3	-2.5
PDP	Invesco Dorsey Wright Momentum ETF	1.1	62	-22	1.7	-6.2
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	1.1	38	2	6.8	-1.1
GDIV	Harbor Dividend Growth Leaders ETF	1.1	50	-10	3.9	-3.9
EFRA	iShares Environmental Infrastructure and Industrials ETF	1.1	47	-7	5.0	-2.8
NZAC	SPDR MSCI ACWI Climate Paris Aligned ETF	1.1	12	28	4.4	-3.4
DFEV	Dimensional Emerging Markets Value ETF	1.1	43	-3	8.9	+1.1
AQLT	iShares MSCI Global Quality Factor ETF	1.1	18	22	0.0	-7.8
DWLD	Davis Select Worldwide ETF	1.1	63	-23	6.8	-1.0
CGUS	Capital Group Core Equity ETF	1.0	33	7	3.5	-4.3
EWUS	iShares MSCI United Kingdom Small Cap ETF	1.0	59	-19	7.0	-0.8
DXJ	WisdomTree Japan Hedged Equity Fund	1.0	48	-8	5.0	-2.8
SDG	iShares MSCI Global Sustainable Development Goals ETF	1.0	49	-9	4.4	-3.4
CZA	Invesco Zacks Mid-Cap ETF	1.0	72	-32	5.7	-2.1
RND	First Trust Bloomberg R&D Leaders ETF	1.0	60	-20	2.5	-5.3
IQM	Franklin Intelligent Machines ETF	1.0	50	-10	1.2	-6.6
IWP	iShares Russell Mid-Cap Growth ETF	1.0	23	17	3.0	-4.8
SPHB	Invesco S&P 500 High Beta ETF	1.0	25	15	3.6	-4.2
OUSM	ALPS O'Shares US Small-Cap Quality Dividend ETF	1.0	48	-8	7.7	-0.1
LOWV	AB US Low Volatility Equity ETF	1.0	48	-8	4.3	-3.5
FLQM	Franklin U.S. Mid Cap Multifactor Index ETF	1.0	30	10	7.4	-0.4
SCHH	Schwab U.S. REIT ETF	1.0	7	33	7.3	-0.5
FREL	Fidelity MSCI Real Estate Index ETF	1.0	8	32	7.1	-0.7
VNQ	Vanguard Real Estate ETF	1.0	13	27	6.9	-0.9
ESGV	Vanguard ESG U.S. Stock ETF	1.0	9	31	4.1	-3.7
HOMZ	Hoya Capital Housing ETF	1.0	30	10	10.4	+2.6
IDHQ	Invesco S&P International Developed High Quality ETF	1.0	29	11	4.8	-3.0
ROAM	Hartford Multifactor Emerging Markets ETF	1.0	44	-4	7.3	-0.5
REGL	ProShares S&P MidCap 400 Dividend Aristocrats ETF	1.0	40	0	6.7	-1.2
DFAE	Dimensional Emerging Core Equity Market ETF	1.0	35	5	6.7	-1.1
AVSU	Avantis Responsible U.S. Equity ETF	0.9	15	25	4.8	-3.0
ALTL	Pacer Lunt Large Cap Alternator ETF	0.9	60	-20	4.8	-3.0
SNPG	Xtrackers S&P 500 Growth ESG ETF	0.9	15	25	4.0	-3.8
TTAC	FCF US Quality ETF	0.9	59	-19	5.9	-1.9
GLRY	Inspire Faithward Mid Cap Momentum ETF	0.9	80	-40	4.1	-3.7
BKF	iShares MSCI BIC ETF	0.9	69	-29	14.7	+6.9
MCHI	iShares MSCI China ETF	0.9	59	-19	20.6	+12.8
SMLF	iShares U.S. SmallCap Equity Factor ETF	0.9	15	25	4.8	-3.0
QDF	FlexShares Quality Dividend Index Fund	0.9	37	3	5.2	-2.6
EWD	iShares MSCI Sweden ETF	0.9	54	-14	4.9	-2.9
EWJV	iShares MSCI Japan Value ETF	0.9	15	25	6.3	-1.5
JADE	JPMorgan Active Developing Markets Equity ETF	0.9	65	-25	5.7	-2.1
JMEE	JPMorgan Market Expansion Enhanced Equity ETF	0.9	24	16	5.9	-1.9
JPXN	iShares JPX-Nikkei 400 ETF	0.9	48	-8	5.0	-2.8
ISCB	iShares Morningstar Small-Cap ETF	0.9	4	36	5.2	-2.6
GKAT	Scharf Global Opportunity ETF	0.9	57	-17	5.7	-2.2
CVY	Invesco Zacks Multi-Asset Income ETF	0.9	106	-66	9.6	+1.8
OBOR	KraneShares MSCI One Belt One Road Index ETF	0.9	79	-39	6.9	-0.9
EIS	iShares MSCI Israel ETF	0.9	58	-18	6.5	-1.3
SPXE	ProShares S&P 500 Ex-Energy ETF	0.9	9	31	4.0	-3.8
BESF	Bastion Energy ETF	0.9	80	-40	8.3	+0.5
SMDX	Intech S&P Small-Mid Cap Divers Alp ETF	0.8	35	5	6.3	-1.5
ASEA	Global X FTSE Southeast Asia ETF	0.8	65	-25	5.0	-2.9
QGRO	American Century U.S. Quality Growth ETF	0.8	29	11	4.0	-3.8
SPLV	Invesco S&P 500 Low Volatility ETF	0.8	25	15	5.1	-2.7
DIVE	Dana Concentrated Dividend ETF	0.8	65	-25	6.4	-1.4
JCHI	JPMorgan Active China ETF	0.8	65	-25	15.7	+7.9
FXI	iShares China Large-Cap ETF	0.8	74	-34	20.8	+13.0
GXC	SPDR S & P China ETF	0.8	59	-19	19.0	+11.2
FLCH	Franklin FTSE China ETF	0.8	19	21	18.4	+10.6
COWS	Amplify Cash Flow Dividend Leaders ETF	0.8	19	21	6.7	-1.1
FJP	First Trust Japan AlphaDEX Fund	0.8	80	-40	7.2	-0.6
LEGR	First Trust Indxx Innovative Transaction & Process ETF	0.8	65	-25	7.0	-0.8
DFAS	Dimensional U.S. Small Cap ETF	0.8	26	14	5.4	-2.4
VBK	Vanguard Small-Cap Growth ETF	0.8	7	33	1.3	-6.5
HEWJ	iShares Currency Hedged MSCI Japan ETF	0.8	50	-10	5.1	-2.7
VCLN	Virtus Duff & Phelps Clean Energy ETF	0.8	59	-19	2.7	-5.1
URAN	Themes Uranium & Nuclear ETF	0.8	35	5	1.1	-6.7
MID	American Century Mid Cap Growth Impact ETF	0.8	45	-5	3.0	-4.8
GRNJ	Fundstrat Granny Shots US Small & Mid Cap ETF	0.8	75	-35	2.0	-5.8
TNUK	Tortoise Nuclear Renaissance ETF	0.8	75	-35	0.9	-7.0
NUKZ	Range Nuclear Renaissance Index ETF	0.8	85	-45	1.5	-6.3
CDIG	City Different Investments Global Equity ETF	0.8	75	-35	-1.6	-9.4
AIPO	Defiance AI & Power Infrastructure ETF	0.8	69	-29	0.9	-6.9
LOUP	Innovator Deepwater Frontier Tech ETF	0.8	70	-30	1.0	-6.8
ARKQ	ARK Autonomous Technology & Robotics ETF	0.8	75	-35	1.0	-6.8
SRVR	Pacer Data & Infrastructure Real Estate ETF	0.8	55	-15	4.3	-3.5
EWJ	iShares MSCI Japan ETF	0.8	50	-10	4.5	-3.3
FRDM	Freedom 100 Emerging Markets ETF	0.8	49	-9	5.1	-2.7
DIM	WisdomTree International MidCap Dividend Fund	0.8	58	-18	6.1	-1.7
FAD	First Trust Multi Cap Growth AlphaDEX Fund	0.8	64	-24	1.3	-6.5
FMTM	MarketDesk Focused U.S. Momentum ETF	0.8	45	-5	5.0	-2.8
RJDI	RJ Eagle Dividend Select Income ETF	0.8	55	-15	4.5	-3.3
RSPR	Invesco S&P 500 Equal Weight Real Estate ETF	0.7	40	0	7.8	-0.0
FPRO	Fidelity Real Estate Investment ETF	0.7	59	-19	6.2	-1.6
SPRE	SP Funds S&P Global REIT Sharia ETF	0.7	55	-15	5.6	-2.2
XLRE	Real Estate Select Sector SPDR	0.7	8	32	7.3	-0.5
IYR	iShares U.S. Real Estate ETF	0.7	40	0	7.0	-0.8
XMLV	Invesco S&P MidCap Low Volatility ETF	0.7	25	15	6.7	-1.1
SCHA	Schwab U.S. Small-Cap ETF	0.7	4	36	4.3	-3.5
BKSE	BNY Mellon US Small Cap Core Equity ETF	0.7	4	36	15.2	+7.4
QQQJ	Invesco NASDAQ Next Gen 100 ETF	0.7	15	25	3.8	-4.0
DVGR	DAC 3D Dividend Growth ETF	0.7	65	-25	4.8	-3.1
CHGX	AXS Change Finance ESG ETF	0.7	49	-9	4.2	-3.6
NUDM	Nuveen ESG International Developed Markets Equity ETF	0.7	31	9	5.3	-2.6
BBSC	JPMorgan BetaBuilders U.S. Small Cap Equity ETF	0.7	9	31	3.6	-4.2
STXK	Strive Small-Cap ETF	0.7	18	22	5.1	-2.8
DFSI	Dimensional International Sustainability Core 1 ETF	0.7	24	16	5.4	-2.4
FFND	Future Fund Active ETF	0.7	100	-60	4.3	-3.5
SMMV	iShares MSCI USA Small-Cap Min Vol Factor ETF	0.7	20	20	5.5	-2.3
FOWF	Pacer Solactive Whitney Fututre of Warfare ETF	0.7	60	-20	3.4	-4.4
LGRO	Level Four Large Cap Growth Active ETF	0.7	55	-15	3.5	-4.4
AVSE	Avantis Responsible Emerging Markets Equity ETF	0.7	33	7	6.4	-1.4
BBJP	JPMorgan BetaBuilders Japan ETF	0.7	19	21	5.0	-2.8
QNXT	iShares Nasdaq-100 ex Top 30 ETF	0.7	20	20	4.1	-3.7
QQXT	First Trust Nasdaq-100 Ex-Technology Sector Index Fund	0.7	60	-20	4.2	-3.6
QQQE	Direxion NASDAQ-100 Equal Weighted Index Shares	0.7	35	5	3.4	-4.4
TMFX	Motley Fool Next Index ETF	0.7	50	-10	2.7	-5.1
STXG	Strive 1000 Growth ETF	0.7	18	22	3.3	-4.6
VXF	Vanguard Extended Market ETF	0.7	5	35	3.7	-4.1
WSML	iShares MSCI World Small-Cap ETF	0.7	15	25	5.2	-2.6
DBJP	Xtrackers MSCI Japan Hedged Equity ETF	0.7	47	-7	4.4	-3.4
TPSC	Timothy Plan US Small Cap Core ETF	0.7	52	-12	6.4	-1.4
JPRE	JPMorgan Realty Income ETF	0.7	50	-10	7.0	-0.8
PAMC	Pacer Lunt MidCap Multi-Factor Alternator ETF	0.6	60	-20	6.6	-1.2
IYJ	iShares U.S. Industrials ETF	0.6	40	0	4.1	-3.7
SCHG	Schwab U.S. Large-Cap Growth ETF	0.6	4	36	3.3	-4.5
ISCG	iShares Morningstar Small-Cap Growth ETF	0.6	6	34	2.7	-5.1
EWP	iShares MSCI Spain ETF	0.6	50	-10	5.5	-2.3
PXJ	Invesco Oil & Gas Services ETF	0.6	63	-23	2.4	-5.4
FNDA	Schwab Fundamental US Small Co. Index ETF	0.6	25	15	6.0	-1.8
FLJP	Franklin FTSE Japan ETF	0.6	9	31	5.0	-2.8
FLJH	Franklin FTSE Japan Hedged ETF	0.6	9	31	4.9	-2.9
GSJY	Goldman Sachs ActiveBeta Japan Equity ETF	0.6	25	15	5.1	-2.7
DES	WisdomTree U.S. SmallCap Dividend Fund	0.6	38	2	7.9	+0.1
IEUS	iShares MSCI Europe Small-Cap ETF	0.6	42	-2	6.6	-1.2
DEMZ	Democratic Large Cap Core ETF	0.6	45	-5	3.8	-4.0
CSMD	Congress SMid Growth ETF	0.6	69	-29	3.6	-4.2
AIA	iShares Asia 50 ETF	0.6	50	-10	7.3	-0.5
PSET	Principal Quality ETF	0.6	15	25	4.8	-3.0
EEMX	SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF	0.5	30	10	7.7	-0.1
USNZ	Xtrackers Net Zero Pathway Paris Aligned US Equity ETF	0.5	10	30	4.2	-3.6
EFAD	ProShares MSCI EAFE Dividend Growers ETF	0.5	50	-10	5.5	-2.3
HEEM	iShares Currency Hedged MSCI Emerging Markets ETF	0.5	69	-29	7.5	-0.3
MFEM	PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF	0.5	50	-10	7.8	-0.0
DUNK	Dana Unconstrained Equity ETF	0.5	75	-35	1.7	-6.1
FTCS	First Trust Capital Strength ETF	0.5	55	-15	5.5	-2.3
EEM	iShares MSCI Emerging Markets ETF	0.5	69	-29	7.5	-0.3
DFIS	Dimensional International Small Cap ETF	0.5	39	1	5.9	-1.9
RCGE	RockCreek Global Equality ETF	0.5	95	-55	5.8	-2.1
FBCG	Fidelity Blue Chip Growth ETF	0.5	59	-19	2.3	-5.6
ECON	Columbia Emerging Markets Consumer ETF	0.5	49	-9	6.3	-1.5
DMXF	iShares ESG Advanced MSCI EAFE ETF	0.5	12	28	4.7	-3.1
GMF	SPDR S&P Emerging Asia Pacific ETF	0.5	49	-9	8.4	+0.6
ETHO	Etho Climate Leadership U.S. ETF	0.5	47	-7	4.0	-3.8
ITAN	Sparkline Intangible Value ETF	0.5	50	-10	5.5	-2.3
UEVM	VictoryShares Emerging Markets Value Momentum ETF	0.5	45	-5	9.3	+1.5
QQQM	Invesco NASDAQ 100 ETF	0.5	15	25	3.3	-4.5
QQQ	Invesco QQQ Trust Series I	0.5	20	20	3.3	-4.5
CSB	VictoryShares US Small Cap High Dividend Volatility Wtd ETF	0.5	35	5	8.7	+0.9
EEMA	iShares MSCI Emerging Markets Asia ETF	0.5	49	-9	7.2	-0.6
ISMD	Inspire Small/Mid Cap ETF	0.5	54	-14	4.8	-3.0
PBW	Invesco WilderHill Clean Energy ETF	0.5	66	-26	-3.2	-11.0
PBD	Invesco Global Clean Energy ETF	0.5	75	-35	0.4	-7.5
JSMD	Janus Henderson Small/Mid Cap Growth Alpha ETF	0.5	30	10	3.9	-3.9
EVX	VanEck Environmental Services ETF	0.5	55	-15	4.1	-3.7
AESR	Anfield U.S. Equity Sector Rotation ETF	0.5	108	-68	2.9	-4.9
MOTO	SmartETFs Smart Transportation & Technology ETF	0.5	68	-28	5.6	-2.2
BRNY	Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation	0.5	79	-39	4.0	-3.8
GURU	Global X Guru Index ETF	0.5	75	-35	2.3	-5.5
AVUQ	Avantis U.S. Quality ETF	0.5	15	25	3.7	-4.1
DVOL	First Trust Dorsey Wright Momentum & Low Volatility ETF	0.5	60	-20	4.5	-3.3
DVLU	First Trust Dorsey Wright Momentum & Value ETF	0.5	60	-20	6.0	-1.8
DDIV	First Trust Dorsey Wright Momentum & Dividend ETF	0.5	60	-20	4.6	-3.2
IEMG	iShares Core MSCI Emerging Markets ETF	0.4	9	31	7.9	+0.1
AAXJ	iShares MSCI All Country Asia ex Japan ETF	0.4	70	-30	6.6	-1.2
DBEM	Xtrackers MSCI Emerging Markets Hedged Equity ETF	0.4	66	-26	7.2	-0.6
DUHP	Dimensional US High Profitability ETF	0.4	21	19	5.3	-2.6
FNDE	Schwab Fundamental Emerging Markets Large Co. Index ETF	0.4	39	1	13.0	+5.2
HWSM	Hotchkis & Wiley SMID Cap Diversified Value ETF	0.4	55	-15	8.4	+0.6
CSA	VictoryShares US Small Cap Volatility Wtd ETF	0.4	35	5	6.8	-1.1
HSMV	First Trust Horizon Managed Volatility Small/Mid ETF	0.4	80	-40	6.8	-1.0
PXH	Invesco FTSE RAFI Emerging Markets ETF	0.4	49	-9	12.7	+4.9
TECB	iShares U.S. Tech Breakthrough Multisector ETF	0.4	40	0	2.8	-5.0
RDVY	First Trust Rising Dividend Achievers ETF	0.4	50	-10	4.8	-3.0
FDWM	Fidelity Women's Leadership ETF	0.4	59	-19	4.0	-3.8
FSMD	Fidelity Small-Mid Multifactor ETF	0.4	15	25	6.5	-1.4
JHEM	John Hancock Multifactor Emerging Markets ETF	0.4	49	-9	7.2	-0.6
MAKX	ProShares S&P Kensho Smart Factories ETF	0.4	58	-18	1.2	-6.7
EMM	Global X Emerging Markets ex-China ETF	0.4	75	-35	4.5	-3.3
EMC	Global X Emerging Markets Great Consumer ETF	0.4	75	-35	6.9	-0.9
XLSR	State Street US Sector Rotation ETF	0.4	70	-30	4.3	-3.5
RAYE	Rayliant Quantamental Emerging Market ex-China Equity ETF	0.4	88	-48	8.5	+0.7
VOOG	Vanguard S&P 500 Growth ETF	0.4	7	33	18.7	+10.9
PDN	Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF	0.4	49	-9	5.8	-2.0
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	0.4	4	36	3.1	-4.7
IVW	iShares S&P 500 Growth ETF	0.4	18	22	3.0	-4.9
GINN	Goldman Sachs Innovate Equity ETF	0.4	52	-12	3.6	-4.2
LRND	IQ U.S. Large Cap R&D Leaders ETF	0.4	14	26	3.9	-3.9
XC	WisdomTree Emerging Markets Ex-China Fund	0.4	32	8	6.3	-1.5
EMDM	First Trust Bloomberg Emerging Market Democracies ETF	0.4	75	-35	6.0	-1.8
SMLV	State Street SPDR US Small Cap Low Volatility Index ETF	0.4	12	28	3.3	-4.5
SCZ	iShares MSCI EAFE Small-Cap ETF	0.4	40	0	5.9	-1.9
RFEM	First Trust Riverfront Dynamic Emerging Markets ETF	0.4	95	-55	9.3	+1.5
IUSG	iShares Core S&P U.S. Growth ETF	0.4	4	36	3.1	-4.7
AVUV	Avantis U.S. Small Cap Value ETF	0.4	25	15	7.6	-0.2
PATN	Pacer Nasdaq International Patent Leaders ETF	0.4	65	-25	4.0	-3.8
FLAX	Franklin FTSE Asia Ex Japan ETF	0.4	19	21	6.9	-0.9
USVM	VictoryShares US Small Mid Cap Value Momentum ETF	0.3	25	15	7.5	-0.3
EMGF	iShares Emerging Markets Equity Factor ETF	0.3	25	15	8.6	+0.8
SCHE	Schwab Emerging Markets Equity ETF	0.3	11	29	9.1	+1.3
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	0.3	41	-1	6.6	-1.2
ONEQ	Fidelity Nasdaq Composite Index ETF	0.3	21	19	2.9	-4.9
VWO	Vanguard FTSE Emerging Markets ETF	0.3	7	33	8.9	+1.1
FNDC	Schwab Fundamental International Small Co. Index ETF	0.3	39	1	6.5	-1.3
AVDS	Avantis International Small Cap Equity ETF	0.3	30	10	5.7	-2.1
XCNY	SPDR S&P Emerging Markets ex-China ETF	0.3	15	25	5.5	-2.3
EES	WisdomTree U.S. SmallCap Fund	0.3	38	2	7.5	-0.3
KAT	Scharf ETF	0.3	87	-47	6.0	-1.8
ALRG	Allspring LT Large Core ETF	0.3	28	12	3.5	-4.3
KEMX	KraneShares MSCI Emerging Markets EX China Index ETF	0.3	24	16	5.0	-2.8
FPXE	First Trust IPOX Europe Equity Opportunities ETF	0.3	70	-30	4.1	-3.7
FPXI	First Trust International Equity Opportunities ETF	0.3	70	-30	4.0	-3.8
AVSC	Avantis U.S Small Cap Equity ETF	0.3	25	15	4.4	-3.4
USXF	iShares ESG Advanced MSCI USA ETF	0.3	10	30	3.8	-4.0
SDVY	First Trust SMID Cap Rising Dividend Achievers ETF	0.3	60	-20	5.7	-2.1
XMHQ	Invesco S&P MidCap Quality ETF	0.3	25	15	5.8	-2.0
ROSC	Hartford Multifactor Small Cap ETF	0.3	34	6	6.9	-0.9
GEM	Goldman Sachs ActiveBeta Emerging Markets Equity ETF	0.3	45	-5	7.8	-0.1
FLSW	Franklin FTSE Switzerland ETF	0.3	9	31	5.7	-2.1
SCJ	iShares MSCI Japan Small-Cap ETF	0.3	50	-10	5.3	-2.6
QQQG	Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF	0.3	49	-9	3.0	-4.8
STXE	Strive Emerging Markets Ex-China ETF	0.3	32	8	5.0	-2.8
VONG	Vanguard Russell 1000 Growth ETF	0.3	7	33	3.8	-4.0
WBIY	WBI Power Factor High Dividend ETF	0.3	100	-60	11.2	+3.4
IWF	iShares Russell 1000 Growth ETF	0.3	19	21	15.2	+7.4
PSR	Invesco Active U.S. Real Estate Fund	0.3	35	5	7.1	-0.7
GQRE	FlexShares Global Quality Real Estate Index Fund	0.3	45	-5	7.4	-0.4
BBEM	JPMorgan BetaBuilders Emerging Markets Equity ETF	0.3	15	25	7.8	-0.0
PRXG	Praxis Impact Large Cap Growth ETF	0.2	36	4	3.2	-4.6
BKEM	BNY Mellon Emerging Markets Equity ETF	0.2	11	29	23.5	+15.7
GSEE	Goldman Sachs MarketBeta Emerging Markets Equity ETF	0.2	36	4	7.4	-0.4
PUI	Invesco Dorsey Wright Utilities Momentum ETF	0.2	60	-20	4.7	-3.1
POWR	iShares U.S. Power Infrastructure ETF	0.2	40	0	4.3	-3.6
TCAI	Tortoise AI Infrastructure ETF	0.2	65	-25	1.5	-6.3
USAI	Pacer American Energy Independence ETF	0.2	75	-35	3.4	-4.5
RVER	Trenchless Fund ETF	0.2	65	-25	0.6	-7.2
USNG	Amplify Samsung U.S. Natural Gas Infrastructure ETF	0.2	59	-19	3.0	-4.8
MFIG	Motley Fool Innovative Growth Factor ETF	0.2	50	-10	2.7	-5.1
STXD	Strive 1000 Dividend Growth ETF	0.2	35	5	4.4	-3.4
CXSE	WisdomTree China ex-State-Owned Enterprises Fund	0.2	32	8	14.9	+7.1
JPEM	JPMorgan Diversified Return Emerging Markets Equity ETF	0.2	44	-4	9.1	+1.3
DEM	WisdomTree Emerging Markets High Dividend Fund	0.2	63	-23	9.7	+1.9
FCA	First Trust China AlphaDEX Fund	0.2	80	-40	8.3	+0.5
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	0.2	67	-27	12.0	+4.2
PIE	Invesco Dorsey Wright Emerging Markets Momentum ETF	0.2	90	-50	3.3	-4.5
ZECP	Zacks Earnings Consistent Portfolio ETF	0.2	55	-15	4.1	-3.7
LDEM	iShares ESG MSCI EM Leaders ETF	0.2	17	23	12.4	+4.6
VOT	Vanguard Mid-Cap Growth ETF	0.2	7	33	3.1	-4.7
EMXC	iShares MSCI Emerging Markets ex China ETF	0.2	25	15	4.9	-3.0
HEDJ	WisdomTree Europe Hedged Equity Fund	0.2	58	-18	5.9	-1.9
SCDS	JPMorgan Fundamental Data Science Small Core ETF	0.2	40	0	3.6	-4.2
TLTE	FlexShares Morningstar Emerging Markets Factor Tilt Index	0.2	59	-19	8.2	+0.4
WRND	IQ Global Equity R&D Leaders ETF	0.1	18	22	4.0	-3.8
EVLU	iShares MSCI Emerging Markets Value Factor ETF	0.1	35	5	9.6	+1.8
SCHC	Schwab International Small-Cap Equity ETF	0.1	11	29	6.4	-1.5
FDEM	Fidelity Emerging Markets Multifactor ETF	0.1	25	15	10.1	+2.3
EMCR	Xtrackers Emerging Markets Carbon Reduction and Climate Impr	0.1	15	25	8.7	+0.8
ACSG	American Century Small Cap Growth Insights ETF	0.1	49	-9	4.7	-3.1
PRFZ	Invesco FTSE RAFI US 1500 Small-Mid ETF	0.1	39	1	2.1	-5.7
FYC	First Trust Small Cap Growth AlphaDEX Fund	0.1	71	-31	-0.6	-8.4
ISCF	iShares International SmallCap Equity Factor ETF	0.1	23	17	7.0	-0.8
ESGE	iShares ESG Aware MSCI EM ETF	0.1	25	15	7.9	+0.1
VSS	Vanguard FTSE All-World ex-US Small-Cap ETF	0.1	8	32	6.1	-1.7
VEGN	US Vegan Climate ETF	0.1	60	-20	3.4	-4.4
MCH	Matthews China Active ETF	0.1	79	-39	14.8	+7.0
IPOS	Renaissance International IPO ETF	0.1	80	-40	0.0	-7.8
FELG	Fidelity Enhanced Large Cap Growth ETF	0.1	18	22	3.4	-4.4
VIOV	Vanguard S&P Small-Cap 600 Value ETF	0.1	10	30	8.6	+0.8
PSCM	Invesco S&P SmallCap Materials ETF	0.1	29	11	10.0	+2.2
XJR	iShares ESG Screened S&P Small-Cap ETF	0.1	12	28	6.0	-1.8
IWN	iShares Russell 2000 Value ETF	0.1	24	16	4.5	-3.3
IJR	iShares Core S&P Small Cap ETF	0.1	6	34	6.1	-1.7
SLYV	State Street SPDR S&P 600 Small Cap Value ETF	0.1	15	25	8.6	+0.8
QVMS	Invesco S&P SmallCap 600 QVM Multi-factor ETF	0.1	15	25	6.0	-1.8
VIOO	Vanguard S&P Small-Cap 600 ETF	0.1	7	33	6.0	-1.8
SPSM	State Street SPDR Portfolio S&P 600 Small Cap ETF	0.1	3	37	6.2	-1.6
IJS	iShares S&P Small-Cap 600 Value ETF	0.1	18	22	8.5	+0.7
VTWV	Vanguard Russell 2000 Value ETF	0.1	10	30	4.7	-3.1
RWJ	Invesco S&P SmallCap 600 Revenue ETF	0.1	39	1	6.9	-0.9
RZV	Invesco S&P Smallcap 600 Pure Value ETF	0.1	35	5	6.7	-1.1
XSOE	WisdomTree Emerging Markets ex-State-Owned Enterprises Fund	0.1	32	8	7.3	-0.5
IWY	iShares Russell Top 200 Growth ETF	0.1	20	20	3.8	-4.0
FYX	First Trust Small Cap Core AlphaDEX Fund	0.1	61	-21	5.1	-2.8
IWM	iShares Russell 2000 ETF	0.1	19	21	2.5	-5.3
VTWO	Vanguard Russell 2000 ETF	0.1	7	33	2.7	-5.1
RSSL	Global X Russell 2000 ETF	0.1	8	32	2.6	-5.2
GGUS	Marketbeta Russell 1000 Growth Equity ETF	0.1	12	28	3.6	-4.2
VUG	Vanguard Growth ETF	0.0	4	36	21.0	+13.2
EMMF	WisdomTree Emerging Markets Multifactor Fund	0.0	48	-8	8.3	+0.5
DGRE	WisdomTree Emerging Markets Quality Dividend Growth Fund	0.0	32	8	4.5	-3.3
AVDV	Avantis International Small Cap Value ETF	0.0	36	4	7.3	-0.5
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	0.0	70	-30	9.4	+1.6
EDOG	ALPS Emerging Sector Dividend Dogs ETF	0.0	60	-20	10.3	+2.5
TEKX	SPDR Galaxy Transformative Tech Accelerators ETF	0.0	65	-25	0.0	-7.8

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	14.6	%
Divided by: Fwd. P/BV	1.8	x
Less: Expense ratio	40	bp
Equals: ALTAR Score	7.8	%

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.