ETF Research Center

Hedgeye Quality Growth ETF

ALTAR
Score™

3.4%

Recommen-
dation

AVOID

2025E 2026E
P/E ratio	28.4x	P/Sales ratio	5.4x
P/BV ratio	5.7x	Div. yield	1.0%

Description
Performance
Comps
Fundamentals
Valuation
Rating

Hedgeye Quality Growth ETF seeks to provide long-term capital appreciation by investing primarily in U.S. stocks with high-quality growth characteristics.

FUND BASICS
Category	US Equities
Fund Sponsor	Hedgeye
Website	www.hedgeyeam.com/fund-pages/hgro
Inception date	Jun 10, 2025
Assets (mns)	$39
Currency	USD
Expense ratio	70 bp
Distributions

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

SECTOR BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	50
Wgt avg mkt cap (mns)	$1,033,140
Large cap (>$10bn)	0.0%
Mid cap ($2-10bn)	0.0%
Small cap (<$2bn)	0.0%
Developed mkts	0.0%
Emerging mkts	0.0%

TOP TEN HOLDINGS
Total	51.5 %
MICROSOFT CORP	8.7 %
NVIDIA CORP	8.0 %
APPLE INC	7.8 %
ALPHABET INC. CLASS A	6.6 %
AMAZON.COM INC	5.4 %
BROADCOM INC.	3.9 %
JPMORGAN CHASE & CO	3.4 %
CASH & OTHER	2.7 %
META PLATFORMS INC	2.4 %
NETFLIX INC	2.4 %

TOP COUNTRY EXPOSURE
	UNITED STATES	98.0 %
	CANADA	0.7 %

HISTORICAL PERFORMANCE info

	Custom date range	Compare to
	thru

Standardized Annual Returns (thru September 30)
Year-to-date	1 year	5 years	10 years	Since Incep.
--	--	--	--	9.5%

Market Correlations
versus...	Beta	R-squared
S&P500	--	--
MSCI EAFE	--	--
MSCI Emg. Mkts.	--	--

Technical Indicators
Recent close	$27.25
30d moving avg.	$27.29
Annualized volatility	0.0%
Short interest (ETF)	0.3%
Relative strength (RSI)	52

Liquidity measures
Avg. volume (thou.)	50
Turnover	3.5%
Bid/Ask (% of price)	0.14%
ADV underlying (mns)	$0

Distributions

FINDING ALTERNATIVE FUNDS

Below is a list of 1053 potential alternatives to the Hedgeye Quality Growth ETF ETF based on the alternatives' overlap in portfolio holdings with HGRO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker:

HGRO

Expense:

70 bp

ALTAR Score™:

3.4%

ALTERNATIVE ETFs BASED ON OVERLAP WITH HGRO
Ticker	Fund Name	Overlap¹ vs HGRO (%)	Expense ratio (bp)	Savings vs HGRO (bp)	ALTAR Score™ (%)	ALTAR vs HGRO (%)
USMC	Principal U.S. Mega-Cap ETF	54.5	12	58	4.3	+0.9
DYNF	BlackRock U.S. Equity Factor Rotation ETF	54.2	30	40	4.3	+1.0
XLG	Invesco S&P 500 Top 50 ETF	53.9	20	50	4.1	+0.7
OEF	iShares S&P 100 ETF	52.9	20	50	4.5	+1.1
QRFT	Qraft Ai-Enhanced U.S. Large Cap ETF	52.1	75	-5	4.0	+0.6
FDMO	Fidelity Momentum Factor ETF	52.1	15	55	3.6	+0.2
QGRW	WisdomTree U.S. Quality Growth Fund	52.1	28	42	4.2	+0.8
FELG	Fidelity Enhanced Large Cap Growth ETF	51.8	18	52	4.7	+1.3
VSLU	Applied Finance Valuation Large Cap ETF	51.1	49	21	5.6	+2.2
JUST	Goldman Sachs JUST U.S. Large Cap Equity ETF	51.1	20	50	5.0	+1.6
TOPT	iShares Top 20 U.S. Stocks ETF	50.8	20	50	3.9	+0.5
IWY	iShares Russell Top 200 Growth ETF	50.4	20	50	4.5	+1.1
MGC	Vanguard Mega Cap ETF	50.4	7	63	4.6	+1.2
FELC	Fidelity Enhanced Large Cap Core ETF	49.6	18	52	5.2	+1.8
IWL	iShares Russell Top 200 ETF	49.2	15	55	4.6	+1.2
STXG	Strive 1000 Growth ETF	49.1	18	52	3.9	+0.5
GSUS	Goldman Sachs MarketBeta U.S. Equity ETF	49.1	7	63	4.8	+1.4
AVUQ	Avantis U.S. Quality ETF	48.8	15	55	4.4	+1.0
IWF	iShares Russell 1000 Growth ETF	48.6	19	51	4.4	+1.0
VONG	Vanguard Russell 1000 Growth ETF	48.6	7	63	4.5	+1.1
FLQL	Franklin LibertyQ U.S. Equity ETF	48.5	15	55	5.3	+1.9
IOO	iShares Global 100 ETF	48.5	41	29	4.7	+1.3
BKLC	BNY Mellon US Large Cap Core Equity ETF	48.4	0	70	4.9	+1.5
JCTR	JPMorgan Carbon Transition U.S. Equity ETF	48.4	15	55	4.6	+1.2
FBCG	Fidelity Blue Chip Growth ETF	48.4	59	11	2.8	-0.6
VOTE	TCW Transform 500 ETF	48.2	5	65	4.8	+1.4
FDRR	Fidelity Dividend ETF for Rising Rates	48.2	15	55	7.0	+3.6
SCHG	Schwab U.S. Large-Cap Growth ETF	48.2	4	66	4.0	+0.6
FFLC	Fidelity Fundamental Large Cap Core ETF	48.1	38	32	4.6	+1.2
CVLC	Calvert US Large-Cap Core Responsible Index ETF	47.8	15	55	4.9	+1.5
FSST	Fidelity Sustainable U.S. Equity ETF	47.7	59	11	4.3	+0.9
QLC	FlexShares US Quality Large Cap Index Fund	47.6	25	45	5.3	+1.9
BBUS	JP Morgan Betabuilders U.S. Equity ETF	47.5	2	68	4.9	+1.5
LCTU	BlackRock U.S. Carbon Transition Readiness ETF	47.4	14	56	4.8	+1.5
VUG	Vanguard Growth ETF	47.4	4	66	4.0	+0.6
JGRO	JPMorgan Active Growth ETF	47.3	44	26	3.4	-0.0
MGK	Vanguard Mega Cap Growth ETF	46.8	7	63	4.1	+0.7
EGUS	iShares ESG Aware MSCI USA Growth ETF	46.7	18	52	3.9	+0.5
FQAL	Fidelity Quality Factor ETF	46.7	15	55	5.7	+2.3
GQQQ	Astoria US Quality Growth Kings ETF	46.7	35	35	4.6	+1.2
GGUS	Marketbeta Russell 1000 Growth Equity ETF	46.6	12	58	4.5	+1.1
SAWG	AAM Sawgrass US Large Cap Quality Growth ETF	46.5	49	21	4.5	+1.1
EPS	WisdomTree U.S. LargeCap Fund	46.4	8	62	5.7	+2.3
SPXN	ProShares S&P 500 Ex-Financials ETF	46.2	9	61	4.9	+1.5
XVV	iShares ESG Screened S&P 500 ETF	46.1	8	62	4.8	+1.4
PRXG	Praxis Impact Large Cap Growth ETF	45.7	36	34	3.7	+0.3
VOOG	Vanguard S&P 500 Growth ETF	45.7	7	63	4.1	+0.7
IVW	iShares S&P 500 Growth ETF	45.6	18	52	4.0	+0.6
SPYG	SPDR Portfolio S&P 500 Growth ETF	45.6	4	66	4.1	+0.7
RND	First Trust Bloomberg R&D Leaders ETF	45.6	60	10	3.6	+0.2
MODL	VictoryShares WestEnd U.S. Sector ETF	45.5	42	28	4.5	+1.1
RVRB	Reverb ETF	45.5	30	40	4.5	+1.1
TMFC	Motley Fool 100 Index ETF	45.4	50	20	3.4	+0.1
TOV	JLens 500 Jewish Advocacy U.S. ETF	45.2	18	52	4.6	+1.2
GUSA	Goldman Sachs MarketBeta U.S. 1000 Equity ETF	45.1	11	59	4.9	+1.5
HAPI	Harbor Human Capital Factor US Large Cap ETF	45.1	36	34	4.8	+1.4
NZUS	SPDR MSCI USA Climate Paris Aligned ETF	45.1	10	60	4.3	+0.9
USNZ	Xtrackers Net Zero Pathway Paris Aligned US Equity ETF	45.1	10	60	5.1	+1.7
THRO	iShares U.S. Thematic Rotation Active ETF	44.9	90	-20	4.0	+0.7
GSPY	Gotham Enhanced 500 ETF	44.9	50	20	5.2	+1.9
SPXE	ProShares S&P 500 Ex-Energy ETF	44.9	9	61	4.8	+1.4
SPYX	SPDR S&P 500 Fossil Fuel Reserves Free ETF	44.9	20	50	4.7	+1.3
SPXV	ProShares S&P 500 Ex-Health Care ETF	44.6	9	61	4.6	+1.2
ONEQ	Fidelity Nasdaq Composite Index ETF	44.6	21	49	3.7	+0.3
PABU	iShares Paris-Aligned Climate MSCI USA ETF	44.4	10	60	4.3	+0.9
IUSG	iShares Core S&P U.S. Growth ETF	44.2	4	66	4.2	+0.8
IVV	iShares Core S&P 500 ETF	44.1	3	67	4.9	+1.5
VOO	Vanguard S&P 500 ETF	44.1	3	67	4.9	+1.6
SPLG	SPDR Portfolio S&P 500 ETF	44.1	2	68	4.9	+1.5
FFOG	Franklin Focused Growth ETF	44.1	61	9	2.4	-1.0
VV	Vanguard Large-Cap ETF	44.0	4	66	4.8	+1.4
SPY	SPDR S&P 500 ETF Trust	44.0	9	61	4.9	+1.5
QTOP	iShares Nasdaq Top 30 Stocks ETF	44.0	20	50	4.0	+0.7
USCA	Xtrackers MSCI USA Climate Action Equity ETF	43.9	7	63	5.1	+1.7
GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	43.9	9	61	5.2	+1.8
INRO	iShares U.S. Industry Rotation Active ETF	43.9	42	28	4.2	+0.8
HDUS	Hartford Disciplined US Equity ETF	43.7	19	51	5.7	+2.3
STRV	Strive 500 ETF	43.7	5	65	4.8	+1.4
RECS	Columbia Research Enhanced Core ETF	43.5	15	55	5.7	+2.3
QQWZ	Pacer Cash COWZ 100-Nasdaq100 Rotator ETF	43.4	49	21	3.7	+0.3
QQQ	Invesco QQQ Trust Series I	43.4	20	50	4.0	+0.6
QQQM	Invesco NASDAQ 100 ETF	43.4	15	55	4.1	+0.7
ESGV	Vanguard ESG U.S. Stock ETF	43.3	9	61	4.7	+1.3
LGRO	Level Four Large Cap Growth Active ETF	43.2	55	15	3.7	+0.3
FLRG	Fidelity U.S. Multifactor ETF	42.9	15	55	7.0	+3.6
ILCB	iShares Morningstar U.S. Equity ETF	42.9	3	67	4.8	+1.4
CGUS	Capital Group Core Equity ETF	42.6	33	37	4.4	+1.0
PBUS	Invesco MSCI USA ETF	42.6	4	66	4.8	+1.4
CATH	Global X S&P 500 Catholic Values Custom ETF	42.5	29	41	4.6	+1.2
AGRW	Allspring LT Large Growth ETF	42.5	35	35	3.5	+0.2
LRND	IQ U.S. Large Cap R&D Leaders ETF	42.4	14	56	5.3	+1.9
GQI	Natixis Gateway Quality Income ETF	42.3	34	36	5.2	+1.8
BGRO	iShares Large Cap Growth Active ETF	42.2	55	15	3.1	-0.3
SPUS	SP Funds S&P 500 Sharia Industry Exclusions ETF	42.0	45	25	4.4	+1.0
SNPG	Xtrackers S&P 500 Growth ESG ETF	42.0	15	55	4.5	+1.2
IGM	iShares Expanded Tech Sector ETF	42.0	41	29	3.7	+0.4
KLMN	Invesco MSCI North America Climate ETF	41.9	9	61	4.9	+1.6
SGLC	SGI U.S. Large Cap Core ETF	41.6	85	-15	4.0	+0.6
ILCG	iShares Morningstar Growth ETF	41.5	4	66	3.6	+0.3
SFY	SoFi Select 500 ETF	41.5	0	70	4.4	+1.0
SCHX	Schwab U.S. Large-Cap ETF	41.4	3	67	4.9	+1.5
IWFG	IQ Winslow Focused Large Cap Growth ETF	41.3	65	5	3.0	-0.4
GK	AdvisorShares Gerber Kawasaki ETF	41.3	75	-5	2.4	-1.0
FVAL	Fidelity Value Factor ETF	41.2	15	55	6.9	+3.5
GGRW	Gabelli Growth Innovators ETF	41.1	90	-20	2.3	-1.1
SPTM	SPDR Portfolio S&P 1500 Composite Stock Market ETF	41.0	3	67	5.1	+1.7
IYY	iShares Dow Jones U.S. ETF	41.0	20	50	4.8	+1.4
IWB	iShares Russell 1000 ETF	40.7	15	55	4.8	+1.4
MMTM	SPDR S&P 1500 Momentum Tilt ETF	40.7	12	58	4.5	+1.1
FDLO	Fidelity Low Volatility Factor ETF	40.7	15	55	5.4	+2.0
VONE	Vanguard Russell 1000 ETF	40.7	7	63	4.9	+1.5
QQMG	Invesco ESG NASDAQ 100 ETF	40.5	20	50	4.1	+0.7
LRGC	AB US Large Cap Strategic Equities ETF	40.5	48	22	4.4	+1.0
SCHK	Schwab 1000 Index ETF	40.4	5	65	5.0	+1.6
BKWO	BNY Mellon Women's Opportunities ETF	40.4	50	20	3.7	+0.3
DFUS	Dimensional U.S. Equity ETF	40.3	9	61	4.8	+1.4
OALC	OneAscent Large Cap Core ETF	40.2	86	-16	4.1	+0.7
ESGU	iShares ESG Aware MSCI USA ETF	40.1	15	55	4.7	+1.3
SNPE	Xtrackers S&P 500 ESG ETF	40.0	10	60	5.1	+1.7
APUE	ActivePassive U.S. Equity ETF	39.5	45	25	4.6	+1.2
ITOT	iShares Core S&P Total U.S. Stock Market ETF	39.5	3	67	4.8	+1.5
ADME	Aptus Drawdown Managed Equity ETF	39.4	79	-9	4.1	+0.7
VTI	Vanguard Total Stock Market ETF	39.3	3	67	4.8	+1.5
PSET	Principal Quality ETF	39.2	15	55	5.4	+2.0
IWV	iShares Russell 3000 ETF	39.1	20	50	4.7	+1.3
VTHR	Vanguard Russell 3000 ETF	39.1	7	63	4.8	+1.4
LRGF	iShares U.S. Equity Factor ETF	39.0	8	62	5.4	+2.0
SCHB	Schwab U.S. Broad Market ETF	39.0	3	67	5.0	+1.6
QUAL	iShares MSCI USA Quality Factor ETF	38.7	15	55	5.4	+2.1
USCL	iShares Climate Conscious & Transition MSCI USA ETF	38.6	8	62	4.9	+1.6
DFAU	Dimensional US Core Equity Market ETF	38.2	12	58	5.0	+1.6
NANC	Unusual Whales Subversive Democratic Trading ETF	38.2	75	-5	3.7	+0.3
ABIG	Argent Large Cap ETF	38.1	49	21	5.2	+1.8
LGDX	Intech S&P Large Cap Diversified Alpha ETF	37.7	25	45	5.4	+2.0
LRGE	ClearBridge Large Cap Growth ESG ETF	37.4	59	11	4.0	+0.6
QLTY	GMO U.S. Quality ETF	37.2	50	20	4.6	+1.2
BBLU	EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF	37.1	15	55	5.6	+2.2
RFFC	ALPS Active Equity Opportunity ETF	36.9	48	22	4.4	+1.0
KOKU	Xtrackers MSCI Kokusai Equity ETF	36.8	9	61	5.2	+1.8
GFGF	Guru Favorite Stocks ETF Guru Favorite Stocks Fund	36.6	65	5	3.6	+0.3
QDF	FlexShares Quality Dividend Index Fund	36.5	37	33	6.2	+2.8
LCF	Touchstone US Large Cap Focused ETF	36.4	69	1	4.2	+0.8
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	36.3	29	41	4.5	+1.1
AVUS	Avantis U.S. Equity ETF	36.2	15	55	5.7	+2.3
BRNY	Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation	36.2	79	-9	4.4	+1.0
CRTC	Xtrackers US National Critical Technologies ETF	36.1	35	35	4.8	+1.4
CAML	Congress Large Cap Growth ETF	36.1	66	4	3.5	+0.1
GLBL	Pacer MSCI World Industry Advantage ETF	36.1	65	5	4.1	+0.7
KRMA	Global X Conscious Companies ETF	35.8	43	27	5.8	+2.5
JPEF	JPMorgan Equity Focus ETF	35.8	50	20	4.3	+0.9
NACP	Impact Shares NAACP Minority Empowerment ETF	35.7	49	21	4.7	+1.3
IYW	iShares U.S. Technology ETF	35.7	40	30	3.7	+0.3
SFYF	SoFi Social 50 ETF	35.5	29	41	0.4	-3.0
SEMG	Suncoast Select Growth ETF	35.2	60	10	4.3	+1.0
ZECP	Zacks Earnings Consistent Portfolio ETF	35.1	55	15	4.8	+1.4
QVML	Invesco S&P 500 QVM Multi-factor ETF	35.0	11	59	5.1	+1.7
DSPY	Tema S&P 500 Historical Weight ETF	35.0	18	52	5.1	+1.7
ESG	FlexShares Trust FlexShares STOXX US ESG Select Index Fund	34.9	32	38	5.0	+1.6
IETC	iShares U.S. Tech Independence Focused ETF	34.8	18	52	3.7	+0.3
JGLO	JPMorgan Global Select Equity ETF	34.8	33	37	5.0	+1.6
DFSU	Dimensional US Sustainability Core 1 ETF	34.6	18	52	5.4	+2.0
AVSU	Avantis Responsible U.S. Equity ETF	34.6	15	55	6.0	+2.6
JHML	John Hancock Multifactor Large Cap ETF	34.4	29	41	5.3	+1.9
DUHP	Dimensional US High Profitability ETF	34.4	21	49	6.4	+3.0
TILT	FlexShares Morningstar US Market Factor Tilt Index Fund	34.3	25	45	5.6	+2.2
CGGR	Capital Group Growth ETF	34.1	39	31	3.1	-0.3
GRNY	Fundstrat Granny Shots US Large Cap ETF	34.1	75	-5	2.5	-0.9
BLCR	iShares Large Cap Core Active ETF	34.0	36	34	3.6	+0.2
LCOW	Pacer S&P 500 Quality FCF Aristocrats ETF	34.0	49	21	5.9	+2.5
LOWV	AB US Low Volatility Equity ETF	34.0	48	22	5.2	+1.8
QDEF	FlexShares Quality Dividend Defensive Index Fund	33.9	37	33	6.0	+2.7
VNSE	Natixis Vaughan Nelson Select ETF	33.7	80	-10	4.6	+1.2
AIEQ	AI Powered Equity ETF	33.6	75	-5	3.7	+0.3
DCOR	Dimensional US Core Equity 1 ETF	33.5	14	56	5.4	+2.0
TOK	iShares MSCI Kokusai ETF	33.4	26	44	5.0	+1.6
KVLE	KraneShares Value Line Dynamic Dividend Equity Index ETF	33.2	56	14	6.2	+2.8
MBCC	Monarch Blue Chips Core ETF	33.2	125	-55	4.3	+0.9
XPND	First Trust Expanded Technology ETF	33.1	65	5	3.8	+0.4
SEIM	SEI Enhanced U.S. Large Cap Momentum Factor ETF	33.1	15	55	4.2	+0.8
JGRW	Jensen Quality Growth ETF	32.8	57	13	4.6	+1.3
FTEC	Fidelity MSCI Information Technology Index ETF	32.7	8	62	3.8	+0.4
SPMO	Invesco S&P 500 Momentum ETF	32.6	13	57	3.5	+0.1
DARP	Grizzle Growth ETF	32.5	75	-5	2.7	-0.7
IQSU	IQ Candriam U.S. Large Cap Equity ETF	32.4	9	61	4.8	+1.4
XLK	Technology Select Sector SPDR Fund	32.3	8	62	4.4	+1.0
VGT	Vanguard Information Technology ETF	32.2	9	61	3.8	+0.4
FDVV	Fidelity High Dividend ETF	32.2	15	55	7.6	+4.2
SUSA	iShares MSCI USA ESG Select ETF	31.8	25	45	4.7	+1.3
QLV	FlexShares US Quality Low Volatility Index Fund	31.7	22	48	5.6	+2.2
KOCG	FIS Knights of Columbus Global Belief ETF	31.6	75	-5	5.3	+1.9
IXN	iShares Global Tech ETF	31.6	41	29	3.5	+0.1
URTH	iShares MSCI World ETF	31.5	24	46	5.0	+1.6
CGDV	Capital Group Dividend Value ETF	31.4	33	37	4.6	+1.2
AFLG	First Trust Active Factor Large Cap ETF	31.2	55	15	6.3	+2.9
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	31.1	10	60	4.9	+1.5
DFAC	Dimensional U.S. Core Equity 2 ETF	31.1	17	53	5.5	+2.1
ACVF	American Conservative Values ETF	31.1	75	-5	4.4	+1.0
DEMZ	Democratic Large Cap Core ETF	31.0	45	25	4.4	+1.0
BEEX	BeeHive ETF	31.0	84	-14	4.3	+0.9
SXQG	ETC 6 Meridian Quality Growth ETF	30.9	100	-30	4.8	+1.4
RFDA	RiverFront Dynamic US Dividend Advantage ETF	30.9	52	18	6.3	+2.9
FCPI	Fidelity Stocks for Inflation ETF	30.6	15	55	7.5	+4.1
HLAL	Wahed FTSE USA Shariah ETF	30.6	50	20	4.6	+1.3
TECB	iShares U.S. Tech Breakthrough Multisector ETF	30.5	40	30	3.7	+0.3
MAVF	Matrix Advisors Value ETF	30.5	75	-5	5.7	+2.3
DLN	WisdomTree U.S. LargeCap Dividend Fund	30.3	28	42	5.9	+2.6
NULC	Nuveen ESG Large-Cap ETF	30.2	21	49	4.7	+1.3
CHAT	Roundhill Generative AI & Technology ETF	30.2	75	-5	8.6	+5.2
FDCF	Fidelity Disruptive Communications ETF	30.0	50	20	2.8	-0.6
MTUM	iShares MSCI USA Momentum Factor ETF	29.8	15	55	3.4	+0.0
ESGG	FlexShares STOXX Global ESG Select Index Fund	29.6	42	28	5.3	+2.0
BDIV	AAM Brentview Dividend Growth ETF	29.6	49	21	4.4	+1.1
SUSL	iShares ESG MSCI USA Leaders ETF	29.6	10	60	4.9	+1.5
RAYD	Rayliant Quantitative Developed Market Equity ETF	29.6	80	-10	4.4	+1.1
AOTG	AOT Growth and Innovation ETF	29.5	75	-5	1.7	-1.7
LVOL	American Century Low Volatility ETF	29.5	29	41	5.0	+1.6
KLMT	Invesco MSCI Global Climate 500 ETF	29.5	10	60	5.7	+2.3
VOOV	Vanguard S&P 500 Value ETF	29.5	7	63	6.3	+2.9
IVE	iShares S&P 500 Value ETF	29.4	18	52	6.2	+2.8
JHDV	John Hancock U.S. High Dividend ETF	29.4	34	36	6.6	+3.2
SPYV	SPDR Portfolio S&P 500 Value ETF	29.4	4	66	6.3	+2.9
ILCV	iShares Morningstar Value ETF	29.3	4	66	6.4	+3.0
GVIP	Goldman Sachs Hedge Industry VIP ETF	29.3	45	25	3.1	-0.3
VUSE	Vident U.S. Equity Strategy ETF	29.2	50	20	4.6	+1.2
NZAC	SPDR MSCI ACWI Climate Paris Aligned ETF	29.2	12	58	5.1	+1.7
NULG	Nuveen ESG Large-Cap Growth ETF	29.2	26	44	3.4	0.0
VIG	Vanguard Dividend Appreciation ETF	29.2	5	65	5.5	+2.2
DGRW	WisdomTree US Quality Dividend Growth Fund	29.1	28	42	5.5	+2.1
PWB	Invesco Large Cap Growth ETF	28.8	56	14	3.1	-0.3
SEIQ	SEI Enhanced U.S. Large Cap Quality Factor ETF	28.8	15	55	7.8	+4.4
DSI	iShares MSCI KLD 400 Social ETF	28.8	25	45	4.8	+1.4
FFND	Future Fund Active ETF	28.7	100	-30	4.3	+0.9
CGGO	Capital Group Global Growth Equity ETF	28.7	47	23	4.6	+1.2
WRND	IQ Global Equity R&D Leaders ETF	28.6	18	52	8.0	+4.6
TIME	Clockwise Core Equity & Innovation ETF	28.5	95	-25	2.8	-0.6
EGLE	Global X S&P 500 U.S. Revenue Leaders ETF	28.5	19	51	5.3	+1.9
EBI	Longview Advantage ETF	28.3	35	35	6.6	+3.2
IUS	Invesco RAFI Strategic US ETF	28.3	19	51	6.9	+3.5
JMOM	JPMorgan U.S. Momentum Factor ETF	28.3	12	58	4.5	+1.1
SWP	SWP Growth & Income ETF	28.2	99	-29	4.1	+0.7
DANA	Dana Unconstrained Equity ETF	28.2	50	20	3.0	-0.4
ACWI	iShares MSCI ACWI ETF	28.2	32	38	5.5	+2.1
RGEF	Rockefeller Global Equity ETF	28.1	55	15	4.7	+1.3
CRBN	iShares MSCI ACWI Low Carbon Target ETF	28.1	20	50	5.6	+2.2
DTD	WisdomTree U.S. Total Dividend Fund	27.9	28	42	6.3	+2.9
RAFE	PIMCO RAFI ESG U.S. ETF	27.9	29	41	7.0	+3.6
IUSV	iShares Core S&P US Value ETF	27.8	4	66	6.4	+3.0
DFVX	Dimensional US Large Cap Vector ETF	27.8	22	48	6.3	+2.9
QUS	SPDR MSCI USA StrategicFactors ETF	27.7	15	55	5.7	+2.3
FDG	American Century Focused Dynamic Growth ETF	27.7	45	25	1.9	-1.5
PFM	Invesco Dividend Achievers ETF	27.5	53	17	5.2	+1.8
FDWM	Fidelity Women's Leadership ETF	27.4	59	11	4.8	+1.4
OUSA	ALPS O'Shares U.S. Quality Dividend ETF	27.3	48	22	6.2	+2.8
AIQ	Global X Artificial Intelligence & Technology ETF	27.2	68	2	3.5	+0.2
AMOM	Qraft AI-Enhanced U.S. Large Cap Momentum ETF	27.1	75	-5	2.8	-0.6
SPXT	ProShares S&P 500 Ex-Technology ETF	26.7	9	61	5.6	+2.2
VEGN	US Vegan Climate ETF	26.7	60	10	4.4	+1.0
QARP	Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	26.6	19	51	6.4	+3.0
DIA	SPDR Dow Jones Industrial Average ETF Trust	26.3	16	54	5.5	+2.1
PNQI	Invesco NASDAQ Internet ETF	26.3	60	10	3.4	+0.0
WISE	Themes Generative Artificial Intelligence ETF	26.0	35	35	0.4	-3.0
GLOF	iShares Global Equity Factor ETF	26.0	20	50	6.5	+3.1
FDTX	Fidelity Disruptive Technology ETF	25.9	50	20	2.7	-0.7
ANEW	ProShares MSCI Transformational Changes ETF	25.8	45	25	6.2	+2.8
EDOW	First Trust Dow 30 Equal Weight ETF	25.7	50	20	5.4	+2.1
USSE	Segall Bryant & Hamill Select Equity ETF	25.7	65	5	4.3	+1.0
DXUV	Dimensional US Vector Equity ETF	25.6	28	42	6.2	+2.9
SPGM	SPDR Portfolio MSCI Global Stock Market ETF	25.6	9	61	5.6	+2.2
STXD	Strive 1000 Dividend Growth ETF	25.1	35	35	4.8	+1.4
VT	Vanguard Total World Stock ETF	25.1	6	64	5.8	+2.4
TMFE	Motley Fool Capital Efficiency 100 Index ETF	25.1	50	20	4.3	+0.9
VERS	ProShares Metaverse ETF	24.9	58	12	-1.0	-4.4
DGRO	iShares Core Dividend Growth ETF	24.9	8	62	6.5	+3.1
LOGO	Alpha Brands Consumption Leaders ETF	24.9	69	1	3.2	-0.2
SIXA	ETC 6 Meridian Mega Cap Equity ETF	24.8	80	-10	6.9	+3.5
PRF	Invesco FTSE RAFI US 1000 ETF	24.7	39	31	6.7	+3.4
WTAI	WisdomTree Artificial Intelligence and Innovation Fund	24.7	45	25	2.4	-1.0
YOKE	Yoke Core ETF	24.6	42	28	4.4	+1.1
SPMV	Invesco S&P 500 Minimum Variance ETF	24.6	10	60	5.4	+2.0
FNDX	Schwab Fundamental US Large Co. Index ETF	24.6	25	45	7.2	+3.8
LCLG	Logan Capital Broad Innovative Growth ETF	24.0	99	-29	3.9	+0.5
ARTY	iShares Future AI & Tech ETF	23.8	47	23	3.3	-0.1
EQWL	Invesco S&P 100 Equal Weight ETF	23.8	25	45	6.2	+2.8
XNTK	SPDR NYSE Technology ETF	23.7	35	35	3.4	-0.0
OGIG	ALPS O'Shares Global Internet Giants ETF	23.6	48	22	1.6	-1.8
WOMN	Impact Shares YWCA Women's Empowerment ETF	23.6	75	-5	5.5	+2.1
DRUP	GraniteShares Nasdaq Select Disruptors ETF	23.4	60	10	4.0	+0.6
VSMV	VictoryShares US Multi-Factor Minimum Volatility ETF	23.3	35	35	5.9	+2.5
XDAT	Franklin Exponential Data ETF	23.3	50	20	2.2	-1.2
DVND	Touchstone Dividend Select ETF	23.1	67	3	5.7	+2.3
YLDE	ClearBridge Dividend Strategy ESG ETF	23.1	60	10	5.7	+2.3
FNDB	Schwab Fundamental US Broad Market Index ETF	22.8	25	45	7.2	+3.8
ACSI	American Customer Satisfaction ETF	22.8	65	5	4.8	+1.4
SSPX	Janus Henderson U.S. Sustainable Equity ETF	22.8	55	15	4.2	+0.8
GINN	Goldman Sachs Innovate Equity ETF	22.4	52	18	3.6	+0.2
METV	Roundhill Ball Metaverse ETF	22.2	59	11	7.6	+4.2
QGRO	American Century U.S. Quality Growth ETF	22.1	29	41	3.6	+0.2
WUGI	AXS Esoterica NextG Economy ETF	21.6	75	-5	2.3	-1.1
IVES	Wedbush ETFMG Global Cloud Technology ETF	21.6	68	2	6.4	+3.0
BRIF	FIS Bright Portfolios Focused Equity ETF	21.6	65	5	4.8	+1.4
FLAG	Global X S&P 500 U.S. Market Leaders Top 50 ETF	21.5	29	41	6.6	+3.2
JQUA	JPMorgan U.S. Quality Factor ETF	21.5	12	58	5.9	+2.5
QQQG	Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF	21.4	49	21	3.8	+0.4
GGME	Invesco Next Gen Media and Gaming ETF	21.4	60	10	4.3	+0.9
NBDS	Neuberger Berman Disrupters ETF	21.4	55	15	0.7	-2.7
FDN	First Trust Dow Jones Internet Index Fund	21.2	52	18	3.2	-0.2
FDND	FT Vest Dow Jones Internet & Target Income ETF	21.2	75	-5	3.1	-0.3
IQM	Franklin Intelligent Machines ETF	21.1	50	20	1.9	-1.5
XMAG	Defiance Large Cap ex-Mag 7 ETF	21.1	35	35	5.1	+1.7
ABOT	Abacus FCF Innovation Leaders ETF	21.1	69	1	4.7	+1.3
AVLV	Avantis U.S. Large Cap Value ETF	21.1	15	55	7.9	+4.5
MFUS	PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	21.0	29	41	6.4	+3.0
XLSR	SPDR SSGA U.S. Sector Rotation ETF	20.9	70	0	4.8	+1.4
IWX	iShares Russell Top 200 Value ETF	20.9	20	50	6.2	+2.8
SHE	SPDR MSCI USA Gender Diversity ETF	20.8	20	50	5.0	+1.6
BUZZ	VanEck Social Sentiment ETF	20.7	75	-5	-0.4	-3.8
QOWZ	Invesco Nasdaq Free Cash Flow Achievers ETF	20.7	39	31	3.8	+0.4
GDIV	Harbor Dividend Growth Leaders ETF	20.5	50	20	5.3	+1.9
FMET	Fidelity Metaverse ETF	20.4	39	31	4.6	+1.2
LIVR	Intelligent Livermore ETF	20.4	69	1	5.2	+1.9
PY	Principal Value ETF	20.2	15	55	7.3	+3.9
GLOV	Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF	20.2	25	45	6.0	+2.6
CARZ	First Trust NASDAQ Global Auto Index Fund	20.1	70	0	4.5	+1.1
BELT	iShares Long-Term U.S. Equity Active ETF	20.0	75	-5	3.0	-0.4
JEPI	JPMorgan Equity Premium Income ETF	19.8	35	35	5.7	+2.3
EMOT	First Trust S&P 500 Economic Moat ETF	19.8	60	10	8.1	+4.7
HKND	Humankind US Stock ETF	19.8	11	59	7.1	+3.7
QWLD	SPDR MSCI World StrategicFactors ETF	19.8	30	40	5.9	+2.5
IGPT	Invesco AI and Next Gen Software ETF	19.7	60	10	4.0	+0.6
RWL	Invesco S&P 500 Revenue ETF	19.5	39	31	6.8	+3.4
VLU	SPDR S&P 1500 Value Tilt ETF	19.5	12	58	7.4	+4.1
BGIG	Bahl & Gaynor Income Growth ETF	19.3	45	25	5.2	+1.8
USRD	Themes US R&D Champions ETF	19.2	29	41	4.5	+1.1
SAMT	Strategas Macro Thematic Opportunities ETF	19.2	65	5	2.5	-0.9
GAMR	Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T	19.2	75	-5	4.7	+1.3
CLOD	Themes Cloud Computing ETF	18.8	35	35	3.2	-0.2
JVAL	JPMorgan U.S. Value Factor ETF	18.7	12	58	8.1	+4.7
MGV	Vanguard Mega Cap Value ETF	18.7	7	63	6.6	+3.2
AIVC	Amplify Bloomberg AI Value Chain ETF	18.6	59	11	5.0	+1.7
GOP	Unusual Whales Subversive Republican Trading ETF	18.5	50	20	5.5	+2.1
ROE	Astoria US Quality Kings ETF	18.5	49	21	6.5	+3.1
LST	Leuthold Select Industries ETF	18.3	91	-21	5.0	+1.6
ICAP	InfraCap Equity Income Fund ETF	18.3	171	-101	6.3	+3.0
DFNV	Donoghue Forlines Innovation ETF	18.1	69	1	4.6	+1.2
TMAT	Main Thematic Innovation ETF	18.0	164	-94	-1.5	-4.9
LEAD	Siren DIVCON Leaders Dividend ETF	17.9	43	27	4.3	+0.9
BGDV	Bahl & Gaynor Dividend ETF	17.9	45	25	4.7	+1.3
SELV	SEI Enhanced Low Volatility U.S. Large Cap ETF	17.9	15	55	6.6	+3.3
VYM	Vanguard High Dividend Yield Index ETF	17.8	6	64	7.0	+3.6
PRXV	Praxis Impact Large Cap Value ETF	17.5	36	34	6.5	+3.1
CHGX	AXS Change Finance ESG ETF	17.4	49	21	4.7	+1.3
WFH	Direxion Work From Home ETF	17.4	45	25	3.7	+0.3
SYNB	Putnam BioRevolution ETF	17.2	70	0	2.9	-0.5
ROUS	Hartford Multifactor US Equity ETF	17.1	19	51	7.0	+3.6
RDVY	First Trust Rising Dividend Achievers ETF	17.0	50	20	6.8	+3.4
USXF	iShares ESG Advanced MSCI USA ETF	16.8	10	60	4.6	+1.2
VTV	Vanguard Value ETF	16.8	4	66	6.8	+3.4
PCGG	Polen Capital Global Growth ETF	16.8	85	-15	3.9	+0.5
FELV	Fidelity Enhanced Large Cap Value ETF	16.6	18	52	6.7	+3.4
SIXG	Defiance Connective Technologies ETF	16.6	30	40	3.3	-0.1
JOET	Virtus Terranova US Quality Momentum ETF	16.6	29	41	4.7	+1.3
FTC	First Trust Large Cap Growth AlphaDEX Fund	16.6	59	11	2.8	-0.6
LRNZ	TrueShares Technology, AI & Deep Learning ETF	16.6	69	1	-0.6	-4.0
FUNL	CornerCap Fundametrics Large-Cap ETF	16.5	50	20	7.2	+3.8
HART	IQ Healthy Hearts ETF	16.4	45	25	6.7	+3.4
TRFK	Pacer Data and Digital Revolution ETF	16.3	60	10	2.8	-0.6
SEIV	SEI Enhanced U.S. Large Cap Value Factor ETF	16.1	15	55	8.9	+5.5
EVUS	iShares ESG Aware MSCI USA Value ETF	16.1	18	52	6.5	+3.1
MILN	Global X Millennial Consumer ETF	16.0	50	20	3.8	+0.4
SKYY	First Trust Cloud Computing ETF	16.0	60	10	2.8	-0.6
FMTM	MarketDesk Focused U.S. Momentum ETF	15.9	45	25	3.6	+0.3
IWD	iShares Russell 1000 Value ETF	15.9	19	51	6.4	+3.0
VONV	Vanguard Russell 1000 Value ETF	15.7	7	63	6.5	+3.2
QTEC	First Trust NASDAQ-100 Technology Sector Index Fund	15.6	57	13	3.6	+0.2
MGRO	VanEck Morningstar Wide Moat Growth ETF	15.4	49	21	4.6	+1.2
TTAC	FCF US Quality ETF	15.4	59	11	6.4	+3.1
PWV	Invesco Large Cap Value ETF	15.4	55	15	7.1	+3.7
KNCT	Invesco Next Gen Connectivity ETF	15.3	40	30	4.6	+1.2
HLGE	Hartford Longevity Economy ETF	15.3	44	26	-0.4	-3.8
TRFM	AAM Transformers ETF	15.0	49	21	1.2	-2.2
CZAR	Themes Natural Monopoly ETF	15.0	35	35	5.7	+2.3
BUYZ	Franklin Disruptive Commerce ETF	14.9	50	20	2.3	-1.1
SPHQ	Invesco S&P 500 Quality ETF	14.9	15	55	5.5	+2.1
PALC	Pacer Lunt Large Cap Multi-Factor Alternator ETF	14.9	60	10	4.0	+0.6
DGT	SPDR Global Dow ETF	14.4	50	20	6.9	+3.5
NETZ	TCW Transform Systems ETF	14.4	75	-5	2.4	-1.0
FCTR	First Trust Lunt U.S. Factor Rotation ETF	14.4	65	5	3.5	+0.2
GVUS	Marketbeta Russell 1000 Value Equity ETF	14.3	12	58	6.5	+3.2
ASLV	Allspring Special Large Value ETF	14.2	35	35	6.5	+3.1
DJD	Invesco Dow Jones Industrial Average Dividend ETF	14.1	7	63	7.5	+4.1
ARVR	First Trust Indxx Metaverse ETF	13.9	70	0	3.9	+0.5
DUSA	Davis Select U.S. Equity ETF	13.7	61	9	7.5	+4.1
SCHV	Schwab U.S. Large-Cap Value ETF	13.7	4	66	6.7	+3.3
RVER	Trenchless Fund ETF	13.7	65	5	4.4	+1.0
SNPV	Xtrackers S&P 500 Value ESG ETF	13.6	15	55	6.7	+3.3
FPAG	FPA Global Equity ETF	13.6	49	21	5.8	+2.4
FCTE	SMI 3Fourteen Full-Cycle Trend ETF	13.6	85	-15	9.0	+5.6
SPRX	Spear Alpha ETF	13.5	75	-5	0.2	-3.2
DIVB	iShares Core Dividend ETF	13.5	5	65	8.2	+4.8
FTGS	First Trust Growth Strength ETF	13.4	60	10	5.0	+1.6
DIVS	SmartETFs Dividend Builder ETF	13.4	65	5	5.0	+1.6
GURU	Global X Guru Index ETF	13.3	75	-5	3.0	-0.4
SMH	VanEck Semiconductor ETF	13.3	35	35	3.5	+0.1
SHOC	Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF	13.3	40	30	3.0	-0.4
TDIV	First Trust NASDAQ Technology Dividend Index Fund	13.2	50	20	5.3	+1.9
SPGP	Invesco S&P 500 GARP ETF	12.9	34	36	6.6	+3.2
INCE	Franklin Income Equity Focus ETF	12.9	29	41	5.7	+2.3
DFLV	Dimensional US Large Cap Value ETF	12.9	22	48	7.8	+4.4
FBOT	Fidelity Disruptive Automation ETF	12.8	50	20	3.6	+0.2
IVRS	iShares Future Metaverse Tech and Communications ETF	12.8	47	23	2.5	-0.9
IYG	iShares US Financial Services ETF	12.7	40	30	5.4	+2.0
TDV	ProShares S&P Technology Dividend Aristocrats ETF	12.7	45	25	5.4	+2.0
RPG	Invesco S&P 500 Pure Growth ETF	12.6	35	35	3.3	-0.1
ALTL	Pacer Lunt Large Cap Alternator ETF	12.6	60	10	4.1	+0.7
XLF	Financial Select Sector SPDR Fund	12.6	8	62	5.9	+2.5
QQQE	Direxion NASDAQ-100 Equal Weighted Index Shares	12.5	35	35	4.2	+0.8
VFH	Vanguard Financials ETF	12.4	9	61	6.5	+3.1
DIVL	Madison Dividend Value ETF	12.3	65	5	6.0	+2.6
FNCL	Fidelity MSCI Financials Index ETF	12.3	8	62	6.4	+3.1
COWG	Pacer US Large Cap Cash Cows Growth Leaders ETF	12.2	49	21	4.7	+1.4
HAPY	Harbor Human Capital Factor Unconstrained ETF	12.1	50	20	5.7	+2.3
DFUV	Dimensional US Marketwide Value ETF	12.1	22	48	7.6	+4.2
PRAY	FIS Christian Stock Fund	12.0	69	1	5.3	+1.9
KONG	Formidable Fortress ETF	12.0	89	-19	6.2	+2.8
VALQ	American Century U.S. Quality Value ETF	12.0	29	41	7.8	+4.4
FTXL	First Trust Nasdaq Semiconductor ETF	12.0	60	10	4.6	+1.2
SOXQ	Invesco PHLX Semiconductor ETF	12.0	19	51	4.1	+0.7
SOXX	iShares Semiconductor ETF	12.0	35	35	4.4	+1.0
UDI	USCF Dividend Income Fund	11.9	65	5	8.2	+4.8
MOAT	VanEck Morningstar Wide Moat ETF	11.8	46	24	5.7	+2.3
IYJ	iShares U.S. Industrials ETF	11.7	40	30	4.7	+1.3
SPHB	Invesco S&P 500 High Beta ETF	11.6	25	45	4.5	+1.1
ESMV	iShares ESG MSCI USA Min Vol Factor ETF	11.6	18	52	5.9	+2.5
QQEW	First Trust Nasdaq-100 Equal Weighted Index Fund	11.4	58	12	4.2	+0.8
FCOM	Fidelity MSCI Communication Services Index ETF	11.4	8	62	4.5	+1.1
IXP	iShares Global Comm Services ETF	11.4	42	28	5.6	+2.2
XLC	Communication Services Select Sector SPDR Fund	11.4	8	62	5.0	+1.6
VOX	Vanguard Communication Services ETF	11.4	9	61	4.6	+1.2
ITAN	Sparkline Intangible Value ETF	11.4	50	20	6.5	+3.2
USMV	iShares MSCI USA Min Vol Factor ETF	11.3	15	55	5.8	+2.4
RW	Rainwater Equity ETF	11.2	125	-55	3.1	-0.3
BLCN	Siren ETF Trust Siren Nasdaq NexGen Economy ETF	11.2	68	2	2.3	-1.1
FBCV	Fidelity Blue Chip Value ETF	11.2	59	11	7.4	+4.0
YALL	God Bless America ETF	11.2	65	5	3.6	+0.2
ABFL	Abacus FCF Leaders ETF	11.1	59	11	5.4	+2.0
RSPT	Invesco S&P 500 Equal Weight Technology ETF	11.0	40	30	5.4	+2.0
LEGR	First Trust Indxx Innovative Transaction & Process ETF	10.9	65	5	7.8	+4.4
PDP	Invesco Dorsey Wright Momentum ETF	10.8	62	8	3.7	+0.3
USCF	Themes US Cash Flow Champions ETF	10.8	29	41	8.8	+5.4
PEXL	Pacer US Export Leaders ETF	10.8	60	10	4.5	+1.1
LGCF	Themes US Cash Flow Champions ETF	10.8	30	40	8.4	+5.0
IXG	iShares Global Financials ETF	10.8	42	28	6.6	+3.2
IGV	iShares Expanded Tech-Software Sector ETF	10.8	41	29	2.6	-0.8
QMOM	Alpha Architect U.S. Quantitative Momentum ETF	10.6	39	31	3.4	-0.0
STXV	Strive 1000 Value ETF	10.2	18	52	8.0	+4.6
PTL	Inspire 500 ETF	10.2	9	61	5.2	+1.8
FEX	First Trust Large Cap Core AlphaDEX Fund	10.2	59	11	5.9	+2.5
GSEW	Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	10.2	9	61	6.2	+2.8
FCLD	Fidelity Cloud Computing ETF	10.1	39	31	3.2	-0.2
SSPY	Syntax Stratified LargeCap ETF	10.1	30	40	6.7	+3.3
VFMV	Vanguard U.S. Minimum Volatility ETF	10.0	13	57	5.8	+2.5
SHUS	Syntax Stratified U.S. Total Market Hedged ETF	10.0	65	5	6.4	+3.0
SAMM	Strategas Macro Momentum ETF	9.9	66	4	2.3	-1.1
RSPF	Invesco S&P 500 Equal Weight Financials ETF	9.9	40	30	6.7	+3.3
IYC	iShares U.S. Consumer Discretionary ETF	9.9	40	30	3.8	+0.4
JAVA	JPMorgan Active Value ETF	9.7	44	26	6.4	+3.1
RJMG	FT Raymond James Multicap Growth Equity ETF	9.7	85	-15	2.0	-1.4
FXL	First Trust Technology AlphaDEX Fund	9.7	61	9	5.3	+1.9
ISHP	First Trust Nasdaq Retail ETF	9.7	60	10	5.6	+2.2
VFMO	Vanguard U.S. Momentum Factor ETF	9.7	13	57	2.8	-0.6
CFA	VictoryShares US 500 Volatility Wtd ETF	9.6	35	35	6.0	+2.6
RBLD	First Trust Alerian US NextGen Infrastructure ETF	9.6	65	5	4.8	+1.5
CFO	VictoryShares US 500 Enhanced Volatility Wtd ETF	9.6	40	30	5.9	+2.5
REVS	Columbia Research Enhanced Value ETF	9.5	19	51	7.6	+4.2
DRIV	Global X Autonomous & Electric Vehicles ETF	9.4	68	2	4.5	+1.2
IYF	iShares U.S. Financials ETF	9.3	40	30	5.9	+2.5
BLCV	iShares Large Cap Value Active ETF	9.3	53	17	7.4	+4.1
CLNR	IQ Cleaner Transport ETF	9.3	45	25	6.7	+3.3
TEKX	SPDR Galaxy Transformative Tech Accelerators ETF	9.2	65	5	-1.3	-4.7
KBWB	Invesco KBW Bank ETF	9.2	35	35	7.9	+4.5
PTF	Invesco Dorsey Wright Technology Momentum ETF	9.2	60	10	1.1	-2.3
PFI	Invesco Dorsey Wright Financial Momentum ETF	9.2	60	10	6.7	+3.3
CGDG	Capital Group Dividend Growers ETF	9.2	47	23	6.3	+2.9
NBCC	Neuberger Berman Next Generation Connected Consumer ETF	9.1	56	14	0.3	-3.1
QTUM	Defiance Quantum ETF	9.1	40	30	4.8	+1.4
PSI	Invesco Semiconductors ETF	9.0	57	13	3.7	+0.3
MVAL	VanEck Morningstar Wide Moat Value ETF	9.0	49	21	6.6	+3.2
MBOX	Freedom Day Dividend ETF	8.9	39	31	7.4	+4.1
AGQI	First Trust Active Global Quality Income ETF	8.8	85	-15	4.9	+1.5
XLI	Industrial Select Sector SPDR Fund	8.8	8	62	4.4	+1.0
PINK	Simplify Health Care ETF	8.6	50	20	0.9	-2.5
ROBT	First Trust Nasdaq Artificial Intelligence & Robotics ETF	8.6	65	5	1.9	-1.5
JPUS	JPMorgan Diversified Return U.S. Equity ETF	8.6	18	52	7.8	+4.4
FIDU	Fidelity MSCI Industrial Index ETF	8.6	8	62	4.5	+1.1
FAD	First Trust Multi Cap Growth AlphaDEX Fund	8.5	64	6	2.2	-1.2
BOUT	Innovator IBD Breakout Opportunities ETF	8.5	81	-11	2.8	-0.6
JSTC	Adasina Social Justice All Cap Global ETF	8.5	89	-19	4.9	+1.5
RSPH	Invesco S&P 500 Equal Weight Health Care ETF	8.4	40	30	8.2	+4.8
OPTZ	Optimize Strategy Index ETF	8.4	50	20	4.6	+1.2
TOLL	Tema Durable Quality ETF	8.3	75	-5	5.2	+1.8
BLKC	Invesco Alerian Galaxy Blockchain Users and Decentralized Co	8.3	61	9	1.1	-2.3
IYH	iShares U.S. Healthcare ETF	8.3	40	30	6.9	+3.5
SPYA	Twin Oak Endure ETF	8.2	80	-10	-2.1	-5.5
IEDI	iShares U.S. Consumer Focused ETF	8.2	18	52	5.6	+2.2
VHT	Vanguard Health Care ETF	8.2	9	61	6.0	+2.6
VIS	Vanguard Industrials ETF	8.2	9	61	4.5	+1.1
SIZE	iShares MSCI USA Size Factor ETF	8.2	15	55	6.1	+2.7
FHLC	Fidelity MSCI Health Care Index ETF	8.1	8	62	6.2	+2.9
BOTZ	Global X Robotics & Artificial Intelligence ETF	8.0	69	1	2.2	-1.2
FLV	American Century Focused Large Cap Value ETF	8.0	42	28	6.6	+3.2
DIVZ	TrueShares Low Volatility Equity Income ETF	8.0	65	5	6.7	+3.3
RSP	Invesco S&P 500 Equal Weight ETF	8.0	20	50	6.7	+3.3
XLV	Health Care Select Sector SPDR Fund	7.9	8	62	7.6	+4.2
MOTE	VanEck Morningstar ESG Moat ETF	7.9	49	21	6.2	+2.8
FDIS	Fidelity MSCI Consumer Discretionary Index ETF	7.8	8	62	4.5	+1.1
EUSA	iShares MSCI USA Equal Weighted ETF	7.8	9	61	6.2	+2.8
RSPC	Invesco S&P 500 Equal Weight Communication Services ETF	7.7	40	30	5.5	+2.1
IXJ	iShares Global Healthcare ETF	7.7	42	28	7.1	+3.7
WAR	U.S. Global Tech and Aerospace & Defense ETF	7.7	60	10	3.6	+0.2
RSPE	Invesco ESG S&P 500 Equal Weight ETF	7.7	20	50	6.5	+3.1
CLOU	Global X Cloud Computing ETF	7.7	68	2	2.3	-1.1
AIS	VistaShares Artificial Intelligence Supercycle ETF	7.6	75	-5	2.5	-0.9
AVIE	Avantis� Inflation Focused Equity ETF	7.6	25	45	7.3	+3.9
VCR	Vanguard Consumer Discretionary ETF	7.6	9	61	4.5	+1.1
XLY	Consumer Discretionary Select Sector SPDR Fund	7.6	8	62	4.8	+1.4
TMFG	Motley Fool Global Opportunities ETF	7.5	85	-15	4.1	+0.7
DWLD	Davis Select Worldwide ETF	7.4	63	7	7.2	+3.8
FOWF	Pacer Solactive Whitney Fututre of Warfare ETF	7.4	60	10	3.6	+0.2
ULVM	VictoryShares US Value Momentum ETF	7.4	20	50	7.2	+3.8
QUVU	Hartford Quality Value ETF	7.4	46	24	7.2	+3.8
EXI	iShares Global Industrials ETF	7.4	42	28	4.5	+1.1
DIVG	Invesco S&P 500 High Dividend Growers ETF	7.4	39	31	8.4	+5.0
FTIF	First Trust Bloomberg Inflation Sensitive Equity ETF	7.3	60	10	9.3	+5.9
RXI	iShares Global Consumer Discretionary ETF	7.2	41	29	9.3	+5.9
FTCS	First Trust Capital Strength ETF	7.2	55	15	5.9	+2.5
OCEN	IQ Clean Oceans ETF	7.1	45	25	6.1	+2.7
OND	ProShares On-Demand ETF	7.0	58	12	0.7	-2.7
HUSV	First Trust Horizon Managed Volatility Domestic ETF	7.0	70	0	4.9	+1.5
VFQY	Vanguard U.S. Quality Factor ETF	7.0	13	57	6.5	+3.1
CCMG	CCM Global Equity ETF	7.0	34	36	8.5	+5.1
SOCL	Global X Social Media ETF	6.9	65	5	9.2	+5.8
VFMF	Vanguard U.S. Multifactor ETF	6.9	18	52	8.0	+4.6
XSD	SPDR S&P Semiconductor ETF	6.9	35	35	3.4	-0.0
NXTG	First Trust Indxx NextG ETF	6.8	70	0	5.1	+1.7
GSIB	Themes Global Systemically Important Banks ETF	6.8	35	35	9.2	+5.8
ARKQ	ARK Autonomous Technology & Robotics ETF	6.7	75	-5	0.3	-3.1
SHRY	First Trust Bloomberg Shareholder Yield ETF	6.6	60	10	8.2	+4.8
MOTG	VanEck Morningstar Global Wide Moat ETF	6.6	52	18	7.8	+4.4
IBOT	Vaneck Robotics ETF	6.6	47	23	4.2	+0.8
VICE	AdvisorShares Vice ETF	6.5	99	-29	6.6	+3.2
NUDV	Nuveen ESG Dividend ETF	6.5	26	44	7.7	+4.3
ARKX	ARK Space Exploration & Innovation ETF	6.5	75	-5	-0.4	-3.8
RTH	VanEck Retail ETF	6.4	35	35	5.5	+2.1
SPDG	SPDR Portfolio S&P Sector Neutral Dividend ETF	6.4	5	65	8.1	+4.7
RSPN	Invesco S&P 500 Equal Weight Industrials ETF	6.3	40	30	5.2	+1.8
HDV	iShares Core High Dividend ETF	6.3	8	62	7.3	+3.9
XT	iShares Exponential Technologies ETF	6.3	46	24	4.7	+1.3
ARKW	ARK Next Generation Internet ETF	6.2	87	-17	-0.4	-3.8
LGLV	SPDR SSGA US Large Cap Low Volatility Index ETF	6.2	12	58	5.9	+2.5
TINT	ProShares Smart Materials ETF	6.2	58	12	7.3	+3.9
EQRR	ProShares Equities for Rising Rates ETF	6.1	35	35	8.2	+4.8
DSTL	Distillate US Fundamental Stability & Value ETF	6.0	39	31	8.3	+4.9
ARKF	ARK Fintech Innovation ETF	6.0	75	-5	-0.4	-3.8
DIVD	Altrius Global Dividend ETF Altrius Global Divid ETF	6.0	49	21	9.6	+6.2
COWZ	Pacer US Cash Cows 100 ETF	5.9	49	21	9.7	+6.3
PEZ	Invesco Dorsey Wright Consumer Cyclicals Momentum ETF	5.8	60	10	4.0	+0.6
DFNL	Davis Select Financial ETF	5.8	63	7	7.7	+4.3
ARKK	ARK Innovation ETF	5.8	75	-5	-2.3	-5.7
MOTO	SmartETFs Smart Transportation & Technology ETF	5.8	68	2	7.2	+3.8
CDL	VictoryShares US Large Cap High Dividend Volatility Wtd ETF	5.8	35	35	7.8	+4.4
CDC	VictoryShares US EQ Income Enhanced Volatility Wtd ETF	5.7	38	32	7.8	+4.4
BFOR	ALPS Barron's 400 ETF	5.7	65	5	6.1	+2.7
QQXT	First Trust Nasdaq-100 Ex-Technology Sector Index Fund	5.7	60	10	4.7	+1.3
IMCG	iShares Morningstar Mid-Cap Growth ETF	5.7	6	64	4.0	+0.6
WTV	WisdomTree US Value Fund of Benef Interest	5.6	12	58	9.0	+5.6
RSPD	Invesco S&P 500 Equal Weight Consumer Discretionary ETF	5.6	40	30	5.5	+2.1
TINY	ProShares Nanotechnology ETF	5.6	58	12	4.5	+1.1
IBLC	iShares Blockchain and Tech ETF	5.6	47	23	-2.3	-5.7
FTXO	First Trust Nasdaq Bank ETF	5.6	60	10	8.6	+5.3
AGNG	Global X Aging Population ETF	5.6	50	20	4.9	+1.5
FTXH	First Trust Nasdaq Pharmaceuticals ETF	5.6	60	10	10.5	+7.1
PPH	VanEck Pharmaceutical ETF	5.6	36	34	8.6	+5.2
PJP	Invesco Pharmaceuticals ETF	5.6	57	13	7.9	+4.5
MEDX	Horizon Kinetics Medical ETF	5.6	85	-15	1.8	-1.6
HELX	Franklin Genomic Advancements ETF	5.5	50	20	-0.3	-3.7
TBG	TBG Dividend Focus ETF	5.4	59	11	8.1	+4.7
ACWV	iShares MSCI Global Min Vol Factor ETF	5.4	20	50	6.2	+2.8
IMCB	iShares Morningstar Mid-Cap ETF	5.4	4	66	6.1	+2.7
DHS	WisdomTree U.S. High Dividend Fund	5.4	38	32	8.1	+4.7
ONLN	ProShares Online Retail ETF	5.4	58	12	2.0	-1.4
TOGA	Tremblant Global ETF	5.4	69	1	1.9	-1.5
HRTS	Tema Heart & Health ETF	5.4	75	-5	1.2	-2.2
VOT	Vanguard Mid-Cap Growth ETF	5.4	7	63	3.6	+0.2
TPLC	Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	5.4	52	18	5.7	+2.3
TPLE	Timothy Plan Us Large/Mid Cap Core Enhanced ETF	5.4	58	12	5.5	+2.1
BWEB	Bitwise Web3 ETF	5.3	85	-15	-0.2	-3.6
DVLU	First Trust Dorsey Wright Momentum & Value ETF	5.3	60	10	7.1	+3.7
TXS	Texas Capital Texas Equity Index ETF	5.3	49	21	5.6	+2.2
MDLV	Morgan Dempsey Large Cap Value ETF	5.3	58	12	7.5	+4.1
PKW	Invesco Buyback Achievers ETF	5.3	62	8	7.2	+3.8
RSHO	Tema American Reshoring ETF	5.2	75	-5	4.5	+1.1
SDY	SPDR S&P Dividend ETF	5.1	35	35	6.7	+3.3
GCOW	Pacer Global Cash Cows Dividend ETF	5.1	60	10	11.2	+7.8
CIBR	First Trust NASDAQ Cybersecurity ETF	5.1	60	10	4.0	+0.7
HACK	ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund	5.1	60	10	3.4	+0.0
DVOL	First Trust Dorsey Wright Momentum & Low Volatility ETF	5.1	60	10	4.9	+1.5
DTEC	ALPS Disruptive Technologies ETF	5.1	50	20	3.8	+0.5
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastructure	5.0	58	12	4.5	+1.1
XITK	SPDR FactSet Innovative Technology ETF	5.0	45	25	-0.3	-3.7
WDNA	WisdomTree BioRevolution Fund	5.0	45	25	-1.3	-4.7
NULV	Nuveen ESG Large-Cap Value ETF	5.0	26	44	6.3	+2.9
SPLV	Invesco S&P 500 Low Volatility ETF	4.9	25	45	5.4	+2.0
XRLV	Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF	4.9	25	45	5.5	+2.1
FXH	First Trust Health Care AlphaDEX Fund	4.9	62	8	8.5	+5.1
MVPA	Miller Value Partners Appreciation ETF	4.9	60	10	9.7	+6.4
VFVA	Vanguard U.S. Value Factor ETF	4.8	13	57	11.0	+7.7
FXR	First Trust Industrials/Producer Durables AlphaDEX Fund	4.8	61	9	6.7	+3.3
ERTH	Invesco MSCI Sustainable Future ETF	4.7	62	8	3.6	+0.2
BLOK	Amplify Transformational Data Sharing ETF	4.7	75	-5	-0.4	-3.8
LSAF	LeaderShares AlphaFactor US Core Equity ETF	4.6	75	-5	7.4	+4.0
MAGA	Point Bridge America First ETF	4.6	72	-2	5.9	+2.5
VLUE	iShares MSCI USA Value Factor ETF	4.6	15	55	9.2	+5.8
PAVE	Global X U.S. Infrastructure Development ETF	4.6	47	23	5.2	+1.8
FXD	First Trust Consumer Discretionary AlphaDEX Fund	4.6	61	9	7.5	+4.1
SZNE	Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF	4.6	60	10	7.6	+4.2
IAI	iShares U.S. Broker-Dealers & Securities Exchanges ETF	4.5	40	30	4.1	+0.7
SPVM	Invesco S&P 500 Value with Momentum ETF	4.5	39	31	7.6	+4.2
AUSF	Global X Adaptive U.S. Factor ETF	4.5	27	43	8.9	+5.5
UTRN	Vesper U.S. Large Cap Short-Term Reversal Strategy ETF	4.5	75	-5	5.4	+2.0
FMKT	The Free Markets ETF	4.5	76	-6	1.4	-2.0
EQAL	Invesco Russell 1000 Equal Weight ETF	4.4	20	50	6.8	+3.4
FTA	First Trust Large Cap Value AlphaDEX Fund	4.4	59	11	9.0	+5.6
DDIV	First Trust Dorsey Wright Momentum & Dividend ETF	4.4	60	10	6.8	+3.4
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	4.4	35	35	6.3	+2.9
FVD	First Trust Value Line Dividend Index Fund	4.4	65	5	6.4	+3.0
IWP	iShares Russell Mid-Cap Growth ETF	4.4	23	47	3.5	+0.1
IBUY	Amplify Online Retail ETF	4.3	65	5	0.9	-2.5
BIBL	Inspire 100 ETF	4.3	35	35	5.1	+1.7
KNGZ	First Trust S&P 500 Diversified Dividend Aristocrats ETF	4.3	50	20	8.2	+4.8
SCHD	Schwab US Dividend Equity ETF	4.2	6	64	10.1	+6.7
CBSE	Clough Select Equity ETF	4.2	85	-15	0.8	-2.6
RCGE	RockCreek Global Equality ETF	4.2	95	-25	6.8	+3.4
FTDS	First Trust Dividend Strength ETF	4.2	70	0	7.8	+4.4
DIVY	Sound Equity Dividend Income ETF	4.2	45	25	9.8	+6.4
PPA	Invesco Aerospace & Defense ETF	4.2	58	12	2.4	-1.0
PRN	Invesco Dorsey Wright Industrials Momentum ETF	4.2	60	10	3.2	-0.2
FCFY	First Trust S&P 500 Diversified Free Cash Flow ETF	4.1	60	10	9.6	+6.2
DEW	WisdomTree Global High Dividend Fund	4.1	58	12	8.5	+5.1
ETHO	Etho Climate Leadership U.S. ETF	4.1	47	23	5.3	+1.9
HWAY	Themes US Infrastructure ETF	4.1	29	41	6.0	+2.6
DEUS	Xtrackers Russell US Multifactor ETF	4.1	17	53	7.1	+3.7
BOTT	Themes Robotics & Automation ETF	4.1	35	35	3.5	+0.1
KCE	SPDR S&P Capital Markets ETF	4.1	35	35	5.7	+2.3
IMCV	iShares Morningstar Mid-Cap Value ETF	4.0	6	64	8.2	+4.8
GDOC	Goldman Sachs Future Health Care Equity ETF	4.0	75	-5	2.8	-0.6
FMED	Fidelity Disruptive Medicine ETF	4.0	50	20	-1.1	-4.5
BEEZ	Honeytree U.S. Equity ETF	4.0	64	6	3.8	+0.5
FLDZ	RiverNorth Patriot ETF	4.0	75	-5	6.2	+2.8
KOMP	SPDR S&P Kensho New Economies Composite ETF	4.0	20	50	2.3	-1.1
ADIV	SmartETFs Asia Pacific Dividend Builder ETF	3.9	78	-8	9.6	+6.2
GLRY	Inspire Faithward Mid Cap Momentum ETF	3.9	80	-10	5.8	+2.5
SRHQ	SRH U.S. Quality ETF	3.9	35	35	7.7	+4.3
BMED	Future Health ETF	3.9	85	-15	0.4	-3.0
VO	Vanguard Mid-Cap ETF	3.9	4	66	5.8	+2.4
DTCR	Global X Data Center & Digital Infrastructure ETF	3.9	50	20	3.9	+0.5
SNPD	Xtrackers S&P ESG Dividend Aristocrats ETF	3.9	15	55	7.7	+4.3
SDG	iShares MSCI Global Sustainable Development Goals ETF	3.8	49	21	5.8	+2.4
ROBO	ROBO Global Robotics & Automation Index ETF	3.8	95	-25	3.3	-0.1
SURE	AdvisorShares Insiders Advantage ETF	3.8	90	-20	9.8	+6.4
EBIZ	Global X E-Commerce ETF	3.8	50	20	3.9	+0.5
USMF	WisdomTree U.S. Multifactor Fund	3.7	28	42	7.2	+3.8
FMDE	Fidelity Enhanced Mid Cap ETF	3.7	23	47	5.9	+2.5
EQIN	Columbia US Equity Income ETF	3.7	35	35	6.9	+3.5
IHE	iShares U.S. Pharmaceuticals ETF	3.7	40	30	8.4	+5.0
XPH	SPDR S&P Pharmaceuticals ETF	3.7	35	35	6.2	+2.8
AESR	Anfield U.S. Equity Sector Rotation ETF	3.6	108	-38	3.0	-0.4
MADE	iShares U.S. Manufacturing ETF	3.6	40	30	5.1	+1.7
WCEO	Hypatia Women CEO ETF	3.6	85	-15	3.8	+0.4
IGE	iShares North American Natural Resources ETF	3.6	41	29	7.4	+4.1
TAX	Cambria Tax Aware ETF	3.6	49	21	5.0	+1.6
SATO	Invesco Alerian Galaxy Crypto Economy ETF	3.6	61	9	-1.7	-5.1
ONEO	SPDR Russell 1000 Momentum Focus ETF	3.5	20	50	7.1	+3.7
CANC	Tema Oncology ETF	3.5	75	-5	-2.6	-6.0
THNR	Amplify Weight Loss Drug & Treatment ETF	3.5	59	11	6.7	+3.3
JHMM	John Hancock Multifactor Mid Cap ETF	3.5	42	28	6.4	+3.0
FDFF	Fidelity Disruptive Finance ETF	3.4	50	20	4.5	+1.1
FEGE	First Eagle Global Equity ETF	3.4	79	-9	6.8	+3.4
GINX	SGI Enhanced Global Income ETF	3.4	98	-28	7.1	+3.7
FDLS	Inspire Fidelis Multi Factor ETF	3.4	76	-6	5.1	+1.7
FPX	First Trust US Equity Opportunities ETF	3.4	61	9	0.9	-2.5
FTWO	Strive FAANG 2.0 ETF	3.4	49	21	4.0	+0.6
VAMO	Cambria Value & Momentum ETF	3.3	61	9	5.7	+2.3
BMVP	Invesco Bloomberg MVP Multi-factor ETF	3.3	29	41	6.4	+3.0
NVIR	Horizon Kinetics Energy and Remediation ETF	3.3	85	-15	6.7	+3.3
FXO	First Trust Financials AlphaDEX Fund	3.3	62	8	8.3	+4.9
LVHD	Franklin U.S. Low Volatility High Dividend Index ETF	3.2	27	43	7.0	+3.6
KBE	SPDR S&P Bank ETF	3.2	35	35	9.4	+6.0
VCLN	Virtus Duff & Phelps Clean Energy ETF	3.2	59	11	4.3	+0.9
BNGE	First Trust S-Network Streaming and Gaming ETF	3.2	70	0	2.7	-0.7
MID	American Century Mid Cap Growth Impact ETF	3.1	45	25	3.3	-0.1
SPHD	Invesco S&P 500 High Dividend Low Volatility ETF	3.1	30	40	9.1	+5.7
BITQ	Bitwise Crypto Industry Innovators ETF	3.1	85	-15	-2.0	-5.4
CWS	AdvisorShares Focused Equity ETF	3.1	84	-14	5.3	+1.9
SDOG	ALPS Sector Dividend Dogs ETF	3.1	36	34	9.6	+6.2
FITE	SPDR S&P Kensho Future Security ETF	3.1	45	25	1.4	-2.0
WGMI	Valkyrie Bitcoin Miners ETF	3.1	75	-5	-3.1	-6.5
AIVL	WisdomTree U.S. AI Enhanced Value Fund	3.1	38	32	6.4	+3.0
POWA	Invesco Bloomberg Pricing Power ETF	3.0	40	30	5.4	+2.0
WLDR	Affinity World Leaders Equity ETF	3.0	67	3	7.5	+4.1
IWR	iShares Russell Midcap ETF	3.0	19	51	5.8	+2.5
QDIV	Global X S&P 500 Quality Dividend ETF	2.9	20	50	8.9	+5.6
NUMV	Nuveen ESG Mid-Cap Value ETF	2.8	31	39	7.0	+3.6
CVAR	Cultivar ETF	2.8	87	-17	6.7	+3.4
BPAY	BlackRock Future Financial and Technology ETF	2.8	70	0	7.9	+4.5
VSDA	VictoryShares Dividend Accelerator ETF	2.8	35	35	7.2	+3.8
SMRI	Bushido Capital US Equity ETF	2.7	71	-1	9.7	+6.3
DURA	VanEck Durable High Dividend ETF	2.7	29	41	8.7	+5.3
SPVU	Invesco S&P 500 Enhanced Value ETF	2.7	13	57	10.2	+6.8
GTEK	Goldman Sachs Future Tech Leaders Equity ETF	2.6	75	-5	3.0	-0.4
XBI	SPDR S&P BIOTECH ETF	2.6	35	35	-2.2	-5.6
CZA	Invesco Zacks Mid-Cap ETF	2.5	72	-2	6.7	+3.3
SPYD	SPDR Portfolio S&P 500 High Dividend ETF	2.5	7	63	10.1	+6.7
QQQJ	Invesco NASDAQ Next Gen 100 ETF	2.5	15	55	4.7	+1.3
HTEC	ROBO Global Healthcare Technology and Innovation ETF	2.5	68	2	2.4	-1.0
RUNN	Running Oak Efficient Growth ETF	2.5	58	12	5.0	+1.7
SMOT	VanEck Morningstar SMID Moat ETF	2.5	49	21	6.7	+3.3
DIHP	Dimensional International High Profitability ETF	2.5	29	41	7.1	+3.8
TMFX	Motley Fool Next Index ETF	2.4	50	20	2.6	-0.8
VXF	Vanguard Extended Market ETF	2.4	5	65	4.6	+1.2
LOUP	Innovator Deepwater Frontier Tech ETF	2.4	70	0	1.1	-2.3
BJK	VanEck Gaming ETF	2.4	65	5	4.5	+1.2
TEMP	JPMorgan Climate Change Solutions ETF	2.4	49	21	5.7	+2.3
DXIV	Dimensional International Vector Equity ETF	2.4	34	36	7.8	+4.5
VOLT	Tema Electrification ETF	2.4	75	-5	2.6	-0.8
NEWZ	StockSnips AI-Powered Sentiment US All Cap ETF	2.4	65	5	4.8	+1.4
NUKZ	Range Nuclear Renaissance Index ETF	2.4	85	-15	1.6	-1.8
XRT	SPDR S&P Retail ETF	2.3	35	35	8.6	+5.2
FENY	Fidelity MSCI Energy Index ETF	2.3	8	62	9.3	+6.0
NBCT	Neuberger Berman Carbon Transition Infrastructure ETF	2.3	55	15	6.0	+2.6
FTXN	First Trust Nasdaq Oil & Gas ETF	2.3	60	10	13.2	+9.8
FXN	First Trust Energy AlphaDEX Fund	2.3	62	8	14.8	+11.4
PXI	Invesco Dorsey Wright Energy Momentum ETF	2.3	60	10	6.7	+3.3
IYE	iShares U.S. Energy ETF	2.3	40	30	9.2	+5.8
ECML	Euclidean Fundamental Value ETF	2.3	95	-25	11.6	+8.2
VDE	Vanguard Energy ETF	2.3	9	61	9.2	+5.8
AVMC	Avantis U.S. Mid Cap Equity ETF	2.3	18	52	7.0	+3.6
TPHD	Timothy Plan High Dividend Stock ETF	2.3	52	18	7.2	+3.8
TPHE	Timothy Plan High Dividend Stock Enhanced ETF	2.3	54	16	7.0	+3.6
GNOM	Global X Genomics & Biotechnology ETF	2.3	50	20	-1.0	-4.4
MEDI	Harbor Health Care ETF	2.3	80	-10	-1.4	-4.8
IDGT	iShares U.S. Digital Infrastructure and Real Estate ETF	2.3	41	29	6.1	+2.7
IYZ	iShares U.S. Telecommunications ETF	2.3	40	30	5.8	+2.4
XTL	SPDR S&P Telecom ETF	2.3	35	35	1.9	-1.5
QNXT	iShares Nasdaq-100 ex Top 30 ETF	2.3	20	50	4.3	+0.9
XSW	SPDR S&P Software & Services ETF	2.3	35	35	2.1	-1.3
SPDV	AAM S&P 500 High Dividend Value ETF	2.3	29	41	10.7	+7.3
EMLP	First Trust North American Energy Infrastructure Fund	2.2	95	-25	5.3	+1.9
IGF	iShares Global Infrastructure ETF	2.2	41	29	4.6	+1.2
GII	SPDR S&P Global Infrastructure ETF	2.2	40	30	4.6	+1.3
USNG	Amplify Samsung U.S. Natural Gas Infrastructure ETF	2.2	59	11	4.2	+0.8
UPGD	Invesco Bloomberg Analyst Rating Improvers ETF	2.2	40	30	5.4	+2.1
FAB	First Trust Multi Cap Value AlphaDEX Fund	2.2	67	3	10.1	+6.7
SIXL	ETC 6 Meridian Low Beta Equity ETF	2.2	80	-10	6.2	+2.8
MISL	First Trust Indxx Aerospace & Defense ETF	2.2	60	10	1.9	-1.5
ITA	iShares U.S. Aerospace & Defense ETF	2.2	40	30	1.9	-1.5
XAR	SPDR S&P Aerospace & Defense ETF	2.2	35	35	1.8	-1.6
NATO	Themes Transatlantic Defense ETF	2.2	35	35	2.3	-1.1
VOE	Vanguard Mid-Cap Value ETF	2.2	7	63	7.6	+4.2
ABEQ	Absolute Select Value ETF	2.2	85	-15	4.7	+1.3
INFL	Horizon Kinetics Inflation Beneficiaries ETF	2.2	85	-15	3.8	+0.5
BLES	Inspire Global Hope ETF	2.1	61	9	6.8	+3.4
FLQM	Franklin U.S. Mid Cap Multifactor Index ETF	2.1	30	40	8.5	+5.1
FFTY	Innovator IBD 50 ETF	2.1	80	-10	-2.3	-5.7
IWS	iShares Russell Mid-Cap Value ETF	2.1	23	47	6.8	+3.4
IPAY	ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund	2.1	75	-5	4.8	+1.4
EIPX	FT Energy Income Partners Strategy ETF	2.1	95	-25	7.8	+4.4
FFOX	FundX Future Fund Opportunities ETF	2.0	100	-30	4.3	+0.9
FDHT	Fidelity Digital Health ETF	2.0	39	31	0.9	-2.5
IFRA	iShares U.S. Infrastructure ETF	2.0	30	40	6.3	+3.0
VBK	Vanguard Small-Cap Growth ETF	2.0	7	63	1.9	-1.5
DFAX	Dimensional World ex U.S. Core Equity 2 ETF	1.9	30	40	7.8	+4.5
MDEV	First Trust Indxx Medical Devices ETF	1.9	70	0	4.7	+1.3
SNSR	Global X Internet of Things ETF	1.9	68	2	4.5	+1.2
RPV	Invesco S&P 500 Pure Value ETF	1.8	35	35	10.5	+7.1
CGXU	Capital Group International Focus Equity ETF	1.7	54	16	5.4	+2.0
FDL	First Trust Morningstar Dividend Leaders Index Fund	1.7	45	25	10.8	+7.4
AVMV	Avantis U.S. Mid Cap Value ETF	1.7	20	50	8.9	+5.5
ONEY	SPDR Russell 1000 Yield Focus ETF	1.7	20	50	9.8	+6.4
HAIL	SPDR S&P Kensho Smart Mobility ETF	1.7	45	25	0.3	-3.1
PRNT	3D Printing ETF	1.7	66	4	1.2	-2.2
QQJG	Invesco ESG NASDAQ Next Gen 100 ETF	1.7	20	50	4.6	+1.2
TMDV	ProShares Russell US Dividend Growers ETF	1.7	35	35	6.7	+3.3
STCE	Schwab Crypto Thematic ETF	1.6	30	40	0.5	-2.9
KNO	AXS Knowledge Leaders ETF	1.6	78	-8	6.1	+2.7
OZEM	Roundhill GLP-1 & Weight Loss ETF	1.6	59	11	0.4	-3.0
JPME	JPMorgan Diversified Return U.S. Mid Cap Equity ETF	1.6	24	46	8.2	+4.8
PEJ	Invesco Leisure and Entertainment ETF	1.6	58	12	3.7	+0.3
FDIG	Fidelity Crypto Industry and Digital Payments ETF	1.5	39	31	-1.1	-4.5
HAP	VanEck Natural Resources ETF	1.5	50	20	9.1	+5.7
VAW	Vanguard Materials ETF	1.5	9	61	6.2	+2.8
LQPE	PEO AlphaQuest Thematic PE ETF	1.5	125	-55	5.2	+1.9
FMAT	Fidelity MSCI Materials Index ETF	1.5	8	62	6.2	+2.8
ONEV	SPDR Russell 1000 Low Volatility Focus ETF	1.4	20	50	7.8	+4.4
EIPI	FT Energy Income Partners Enhanced Income ETF	1.4	110	-40	6.5	+3.1
BBMC	JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	1.4	7	63	6.1	+2.7
DVY	iShares Select Dividend ETF	1.4	38	32	9.1	+5.7
HOMZ	Hoya Capital Housing ETF	1.4	30	40	9.9	+6.5
DAT	ProShares Big Data Refiners ETF	1.3	58	12	2.1	-1.3
WCLD	WisdomTree Cloud Computing Fund	1.3	45	25	1.7	-1.7
RNIN	Bushido Capital US SMID Cap Equity ETF	1.3	70	0	10.5	+7.1
PKB	Invesco Building & Construction ETF	1.3	62	8	4.3	+1.0
RSPM	Invesco S&P 500 Equal Weight Materials ETF	1.3	40	30	8.0	+4.6
MXI	iShares Global Materials ETF	1.3	41	29	7.4	+4.1
XLB	Materials Select Sector SPDR Fund	1.3	8	62	6.6	+3.2
FRNW	Fidelity Clean Energy ETF	1.3	39	31	2.7	-0.7
FAN	First Trust Global Wind Energy ETF	1.3	60	10	4.2	+0.8
CNRG	SPDR S&P Kensho Clean Power ETF	1.3	45	25	0.7	-2.7
CCSO	Carbon Collective Climate Solutions US Equity ETF	1.3	35	35	0.9	-2.5
DBEZ	Xtrackers MSCI Eurozone Hedged Equity ETF	1.2	45	25	6.8	+3.4
IHF	iShares U.S. Healthcare Providers ETF	1.2	40	30	8.1	+4.7
XHS	SPDR S&P Health Care Services ETF	1.2	35	35	3.1	-0.3
SMIG	AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF	1.2	60	10	6.1	+2.8
FLOW	Global X U.S. Cash Flow Kings 100 ETF	1.2	25	45	11.3	+7.9
GUNR	FlexShares Morningstar Global Upstream Natural Resources Ind	1.2	46	24	9.8	+6.4
VFLO	VictoryShares Free Cash Flow ETF	1.2	39	31	10.5	+7.2
FCG	First Trust Natural Gas ETF	1.2	60	10	21.4	+18.0
RSPG	Invesco S&P 500 Equal Weight Energy ETF	1.2	40	30	11.2	+7.8
FILL	iShares MSCI Global Energy Producers ETF	1.2	39	31	11.9	+8.5
IEO	iShares U.S. Oil & Gas Exploration & Production ETF	1.2	40	30	13.3	+9.9
IXC	iShares Global Energy ETF	1.2	44	26	10.4	+7.0
NANR	SPDR S&P North American Natural Resources ETF	1.2	35	35	7.6	+4.2
XLE	Energy Select Sector SPDR Fund	1.2	8	62	9.4	+6.0
XOP	SPDR S&P Oil & Gas Exploration & Production ETF	1.2	35	35	15.5	+12.1
DRLL	Strive U.S. Energy ETF	1.2	41	29	10.4	+7.0
MLPX	Global X MLP & Energy Infrastructure ETF	1.2	45	25	5.7	+2.3
AMZA	InfraCap MLP ETF	1.2	164	-94	9.0	+5.6
TOLZ	ProShares DJ Brookfield Global Infrastructure ETF	1.2	46	24	5.7	+2.3
UMI	USCF Midstream Energy Income Fund ETF	1.2	85	-15	5.0	+1.6
ENFR	Alerian Energy Infrastructure ETF	1.2	35	35	5.4	+2.0
EINC	VanEck Energy Income ETF	1.2	48	22	5.4	+2.0
IVRA	Invesco Real Assets ESG ETF	1.2	59	11	6.3	+2.9
TPYP	Tortoise North American Pipeline Fund	1.2	40	30	5.8	+2.5
USAI	Pacer American Energy Independence ETF	1.2	75	-5	4.7	+1.4
AMID	Argent Mid Cap ETF Argent Mid Cap ETF	1.2	52	18	6.5	+3.1
GNR	SPDR S&P Global Natural Resources ETF	1.1	40	30	10.9	+7.5
IAT	iShares U.S. Regional Banks ETF	1.1	40	30	9.5	+6.1
KRE	SPDR S&P Regional Banking ETF	1.1	35	35	9.9	+6.5
LYLD	Cambria Large Cap Shareholder Yield ETF	1.1	59	11	9.6	+6.3
ZAP	Global X U.S. Electrification ETF	1.1	50	20	3.7	+0.3
FUTY	Fidelity MSCI Utilities Index ETF	1.1	8	62	4.9	+1.5
UTES	Virtus Reaves Utilities ETF	1.1	49	21	3.7	+0.3
FXU	First Trust Utilities AlphaDEX Fund	1.1	64	6	5.2	+1.8
PUI	Invesco Dorsey Wright Utilities Momentum ETF	1.1	60	10	4.9	+1.5
RSPU	Invesco S&P 500 Equal Weight Utilities ETF	1.1	40	30	5.2	+1.8
IDU	iShares U.S. Utilities ETF	1.1	40	30	4.4	+1.0
JXI	iShares Global Utilities ETF	1.1	43	27	5.5	+2.1
XLU	Utilities Select Sector SPDR Fund	1.1	8	62	4.8	+1.4
VPU	Vanguard Utilities ETF	1.1	9	61	4.9	+1.5
MMSC	First Trust Multi-Manager Small Cap Opportunities ETF	1.1	95	-25	0.5	-2.9
FFSM	Fidelity Fundamental Small-Mid Cap ETF	1.0	43	27	6.2	+2.8
QLVD	FlexShares Developed Markets ex-US Quality Low Volatility In	1.0	32	38	6.2	+2.8
HWSM	Hotchkis & Wiley SMID Cap Diversified Value ETF	1.0	55	15	10.2	+6.8
CVY	Invesco Zacks Multi-Asset Income ETF	1.0	106	-36	12.8	+9.4
BCDF	Horizon Kinetics Blockchain Development ETF	1.0	85	-15	4.0	+0.6
QINT	American Century Quality Diversified International ETF	1.0	39	31	7.3	+3.9
AQWA	Global X Clean Water ETF	1.0	50	20	5.0	+1.6
GSFP	Goldman Sachs Future Planet Equity ETF	1.0	75	-5	4.9	+1.5
MDCP	VictoryShares THB Mid Cap ESG ETF	1.0	55	15	5.7	+2.3
BLLD	JPMorgan Sustainable Infrastructure ETF	1.0	49	21	6.2	+2.8
FIW	First Trust Water ETF	1.0	53	17	4.7	+1.3
CGW	Invesco S&P Global Water Index ETF	1.0	57	13	4.7	+1.3
PHO	Invesco Water Resources ETF	1.0	60	10	4.4	+1.0
PIO	Invesco Global Water ETF	1.0	75	-5	4.3	+0.9
EFRA	iShares Environmental Infrastructure and Industrials ETF	1.0	47	23	5.3	+1.9
ETEC	iShares Breakthrough Environmental Solutions ETF	1.0	47	23	3.3	-0.1
SIMS	SPDR S&P Kensho Intelligent Structures ETF	1.0	45	25	4.8	+1.4
CCNR	ALPS CoreCommodity Natural Resources ETF	1.0	39	31	10.1	+6.8
HEDJ	WisdomTree Europe Hedged Equity Fund	0.9	58	12	6.5	+3.1
HDMV	First Trust Horizon Managed Volatility Developed Intl ETF	0.9	80	-10	6.1	+2.7
EWN	iShares MSCI Netherlands ETF	0.9	50	20	5.2	+1.8
CGIE	Capital Group International Equity ETF	0.9	54	16	5.1	+1.7
VB	Vanguard Small-Cap ETF	0.9	5	65	6.1	+2.8
FNY	First Trust Mid Cap Growth AlphaDEX Fund	0.8	70	0	2.7	-0.7
BETZ	Roundhill Sports Betting & iGaming ETF	0.8	75	-5	2.9	-0.5
ODDS	Pacer BlueStar Digital Entertainment ETF	0.8	60	10	2.4	-1.0
OCFS	Otter Creek Focus Strategy ETF	0.8	85	-15	4.0	+0.6
ARKG	ARK Genomic Revolution ETF	0.7	75	-5	-1.3	-4.6
EKG	First Trust Nasdaq Lux Digital Health Solutions ETF	0.7	65	5	1.1	-2.3
FBT	First Trust NYSE Arca Biotechnology Index Fund	0.7	56	14	4.9	+1.6
BBH	VanEck Biotech ETF	0.7	35	35	5.5	+2.1
IBB	iShares Biotechnology ETF	0.7	45	25	0.4	-3.0
SCHM	Schwab U.S. Mid-Cap ETF	0.7	4	66	6.6	+3.3
MAKX	ProShares S&P Kensho Smart Factories ETF	0.7	58	12	-1.3	-4.7
ABLD	Abacus FCF Real Assets Leaders ETF	0.7	69	1	7.0	+3.6
BULD	Pacer BlueStar Engineering the Future ETF	0.7	60	10	0.3	-3.1
WBAT	WisdomTree Battery Value Chain and Innovation Fund	0.7	45	25	4.0	+0.6
AFMC	First Trust Active Factor Mid Cap ETF	0.7	65	5	8.5	+5.1
DBEU	Xtrackers MSCI Europe Hedged Equity ETF	0.7	46	24	6.5	+3.1
DON	WisdomTree U.S. MidCap Dividend Fund	0.7	38	32	9.1	+5.7
NFRA	FlexShares STOXX Global Broad Infrastructure Index Fund	0.7	47	23	5.8	+2.4
SUPL	ProShares Supply Chain Logistics ETF	0.7	58	12	12.3	+8.9
IQRA	IQ CBRE Real Assets ETF	0.7	65	5	5.7	+2.3
FTXR	First Trust Nasdaq Transportation ETF	0.7	60	10	8.9	+5.5
IYT	iShares US Transportation ETF	0.7	40	30	5.2	+1.8
XTN	SPDR S&P Transportation ETF	0.7	35	35	5.0	+1.6
SHPP	Pacer Industrials and Logistics ETF	0.7	60	10	8.7	+5.3
RFDI	First Trust Riverfront Dynamic Developed International ETF	0.6	83	-13	9.5	+6.1
BBEU	JPMorgan BetaBuilders Europe ETF	0.6	9	61	7.2	+3.8
IHDG	WisdomTree International Hedged Quality Dividend Growth Fund	0.6	58	12	7.0	+3.6
IJR	iShares Core S&P Small Cap ETF	0.6	6	64	7.7	+4.3
IQDG	WisdomTree International Quality Dividend Growth Fund	0.6	42	28	7.4	+4.0
RWJ	Invesco S&P SmallCap 600 Revenue ETF	0.6	39	31	9.7	+6.3
IWO	iShares Russell 2000 Growth ETF	0.6	24	46	1.2	-2.2
VTWG	Vanguard Russell 2000 Growth ETF	0.6	10	60	1.4	-2.0
ISCG	iShares Morningstar Small-Cap Growth ETF	0.6	6	64	2.8	-0.6
RFEU	First Trust Riverfront Dynamic Europe ETF	0.6	83	-13	10.6	+7.2
VIOO	Vanguard S&P Small-Cap 600 ETF	0.6	7	63	7.6	+4.2
SPSM	SPDR Portfolio S&P 600 Small Cap ETF	0.6	3	67	7.7	+4.3
PSCM	Invesco S&P SmallCap Materials ETF	0.5	29	41	12.8	+9.4
PYZ	Invesco Dorsey Wright Basic Materials Momentum ETF	0.5	60	10	5.6	+2.2
NIXT	Research Affiliates Deletions ETF	0.5	9	61	8.7	+5.3
STXM	Strive Mid-Cap ETF	0.5	18	52	6.1	+2.8
QVMS	Invesco S&P SmallCap 600 QVM Multi-factor ETF	0.5	15	55	7.9	+4.5
WWJD	Inspire International ETF	0.5	80	-10	7.4	+4.0
FSTA	FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF	0.5	8	62	5.9	+2.5
JSMD	Janus Henderson Small/Mid Cap Growth Alpha ETF	0.5	30	40	6.8	+3.4
FXG	First Trust Consumer Staples AlphaDEX Fund	0.5	63	7	8.7	+5.3
GRPM	Invesco S&P MidCap 400 GARP ETF	0.5	35	35	7.7	+4.3
PBJ	Invesco Food & Beverage ETF	0.5	57	13	7.4	+4.0
PSL	Invesco Dorsey Wright Consumer Staples Momentum ETF	0.5	60	10	6.9	+3.5
XMHQ	Invesco S&P MidCap Quality ETF	0.5	25	45	6.6	+3.2
GVLU	Gotham 1000 Value ETF	0.5	50	20	9.0	+5.6
JMEE	JPMorgan Market Expansion Enhanced Equity ETF	0.5	24	46	7.8	+4.4
FDRV	Fidelity Electric Vehicles and Future Transportation ETF	0.5	39	31	-0.9	-4.3
PSCT	Invesco S&P SmallCap Information Technology ETF	0.5	29	41	4.7	+1.3
XSMO	Invesco S&P SmallCap Momentum ETF	0.5	39	31	5.6	+2.3
IJT	iShares S&P Small-Cap 600 Growth ETF	0.5	18	52	5.5	+2.2
ESIX	SPDR S&P SmallCap 600 ESG ETF	0.5	12	58	8.2	+4.8
SLYG	SPDR S&P 600 Small Cap Growth ETF	0.5	15	55	5.6	+2.2
TMFS	Motley Fool Small-Cap Growth ETF	0.5	85	-15	3.9	+0.5
VIOG	Vanguard S&P Small-Cap 600 Growth ETF	0.5	10	60	5.7	+2.3
FLEE	Franklin FTSE Europe ETF	0.5	9	61	7.2	+3.8
JHMD	John Hancock Multifactor Developed International ETF	0.5	39	31	7.6	+4.2
DWMF	WisdomTree International Multifactor Fund	0.5	38	32	7.1	+3.8
SMLF	iShares U.S. SmallCap Equity Factor ETF	0.5	15	55	5.9	+2.5
VDC	Vanguard Consumer Staples ETF	0.5	9	61	5.9	+2.5
BBSC	JPMorgan BetaBuilders U.S. Small Cap Equity ETF	0.5	9	61	4.1	+0.7
COPY	Tweedy, Browne Insider + Value ETF	0.5	80	-10	11.9	+8.5
IDLV	Invesco S&P International Developed Low Volatility ETF	0.5	25	45	6.5	+3.1
DBEF	Xtrackers MSCI EAFE Hedged Equity ETF	0.5	36	34	6.4	+3.0
GSID	Goldman Sachs MarketBeta International Equity ETF	0.5	20	50	6.9	+3.5
LCTD	BlackRock World ex U.S. Carbon Transition Readiness ETF	0.5	20	50	6.4	+3.0
FSMD	Fidelity Small-Mid Multifactor ETF	0.5	15	55	7.2	+3.8
IYK	iShares U.S. Consumer Staples ETF	0.4	40	30	6.6	+3.2
XJR	iShares ESG Screened S&P Small-Cap ETF	0.4	12	58	7.5	+4.1
FNX	First Trust Mid Cap Core AlphaDEX Fund	0.4	60	10	7.3	+3.9
EUDG	WisdomTree Europe Quality Dividend Growth Fund	0.4	58	12	7.0	+3.6
BKIE	BNY Mellon International Equity ETF	0.4	4	66	7.0	+3.6
DWAS	Invesco Dorsey Wright SmallCap Momentum ETF	0.4	60	10	1.9	-1.5
CSB	VictoryShares US Small Cap High Dividend Volatility Wtd ETF	0.4	35	35	9.4	+6.0
IJS	iShares S&P Small-Cap 600 Value ETF	0.4	18	52	9.8	+6.4
GSEU	Goldman Sachs ActiveBeta Europe Equity ETF	0.4	25	45	7.3	+3.9
SFYX	SoFi Next 500 ETF	0.4	0	70	5.8	+2.4
IJK	iShares S&P Mid-Cap 400 Growth ETF	0.4	17	53	6.0	+2.6
NUDM	Nuveen ESG International Developed Markets Equity ETF	0.4	31	39	6.2	+2.8
OMFS	Invesco Russell 2000 Dynamic Multifactor ETF	0.4	39	31	5.8	+2.4
IVOG	Vanguard S&P Mid-Cap 400 Growth ETF	0.4	10	60	6.1	+2.7
VIOV	Vanguard S&P Small-Cap 600 Value ETF	0.4	10	60	9.8	+6.4
MDYG	SPDR S&P 400 Mid Cap Growth ETF	0.4	15	55	6.0	+2.6
SLYV	SPDR S&P 600 Small Cap Value ETF	0.4	15	55	9.8	+6.4
BKSE	BNY Mellon US Small Cap Core Equity ETF	0.4	4	66	5.8	+2.4
PRFZ	Invesco FTSE RAFI US 1500 Small-Mid ETF	0.3	39	31	5.3	+1.9
XJH	iShares ESG Screened S&P Mid-Cap ETF	0.3	12	58	7.2	+3.8
ISCB	iShares Morningstar Small-Cap ETF	0.3	4	66	6.2	+2.8
RZV	Invesco S&P Smallcap 600 Pure Value ETF	0.3	35	35	10.1	+6.7
MDY	SPDR S&P Midcap 400 ETF Trust	0.3	24	46	7.3	+3.9
EZU	iShares MSCI Eurozone ETF	0.3	52	18	6.7	+3.3
IJH	iShares Core S&P Mid-Cap ETF	0.3	5	65	7.4	+4.0
SMDX	Intech S&P Small-Mid Cap Divers Alp ETF	0.3	35	35	7.3	+3.9
HFXI	IQ FTSE International Equity Currency Neutral ETF	0.3	20	50	6.9	+3.6
USVM	VictoryShares US Small Mid Cap Value Momentum ETF	0.3	25	45	7.8	+4.4
EBLU	Ecofin Global Water ESG Fund	0.3	40	30	4.4	+1.0
QVMM	Invesco S&P MidCap 400 QVM Multi-factor ETF	0.3	15	55	7.4	+4.0
IVOO	Vanguard S&P Mid-Cap 400 ETF	0.3	7	63	7.5	+4.1
SPMD	SPDR Portfolio S&P 400 Mid Cap ETF	0.3	3	67	7.5	+4.1
IWM	iShares Russell 2000 ETF	0.3	19	51	4.1	+0.7
RODM	Hartford Multifactor Developed Markets (ex-US) ETF	0.3	29	41	7.8	+4.4
VTWO	Vanguard Russell 2000 ETF	0.3	7	63	4.2	+0.8
MFDX	PIMCO RAFI Dynamic Multi-Factor International Equity ETF	0.3	39	31	6.7	+3.3
GXUS	Goldman Sachs MarketBeta Total International Equity ETF	0.3	18	52	7.9	+4.5
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	0.3	41	29	7.3	+3.9
BKMC	BNY Mellon US Mid Cap Core Equity ETF	0.3	4	66	6.2	+2.8
ESML	iShares ESG Aware MSCI USA Small-Cap ETF	0.3	17	53	5.6	+2.3
RSSL	Global X Russell 2000 ETF	0.3	8	62	4.2	+0.8
STXK	Strive Small-Cap ETF	0.3	18	52	5.8	+2.4
GSIE	Goldman Sachs ActiveBeta International Equity ETF	0.3	25	45	7.1	+3.7
IMTM	iShares MSCI Intl Momentum Factor ETF	0.2	30	40	5.4	+2.1
AVDE	Avantis International Equity ETF	0.2	23	47	7.3	+3.9
DFSI	Dimensional International Sustainability Core 1 ETF	0.2	24	46	6.3	+2.9
IJJ	iShares S&P Mid-Cap 400 Value ETF	0.2	18	52	8.8	+5.4
SAGP	Strategas Global Policy Opportunities ETF	0.2	65	5	5.4	+2.0
AVSD	Avantis Responsible International Equity ETF	0.2	23	47	5.6	+2.2
IVOV	Vanguard S&P Mid-Cap 400 Value ETF	0.2	10	60	9.0	+5.6
MDYV	SPDR S&P 400 Mid Cap Value ETF	0.2	15	55	8.9	+5.5
EZM	WisdomTree U.S. MidCap Fund	0.2	38	32	9.2	+5.8
EFG	iShares MSCI EAFE Growth ETF	0.2	36	34	4.3	+0.9
EASG	Xtrackers MSCI EAFE ESG Leaders Equity ETF	0.2	14	56	6.1	+2.7
JIRE	JPMorgan International Research Enhanced Equity ETF	0.2	24	46	7.1	+3.7
ISMD	Inspire Small/Mid Cap ETF	0.2	54	16	5.6	+2.2
SCHA	Schwab U.S. Small-Cap ETF	0.2	4	66	5.8	+2.4
CEFA	Global X S&P Catholic Values Developed ex-US ETF	0.2	35	35	6.6	+3.2
PABD	iShares Paris-Aligned Climate MSCI World ex USA ETF	0.2	12	58	5.9	+2.5
DFAI	Dimensional International Core Equity Market ETF	0.2	18	52	7.1	+3.7
AVUV	Avantis U.S. Small Cap Value ETF	0.2	25	45	9.9	+6.5
TTAI	FCF International Quality ETF	0.2	59	11	7.4	+4.0
TLTD	FlexShares Morningstar Developed Markets ex-US Factor Tilt	0.2	39	31	7.9	+4.5
EFAV	iShares MSCI EAFE Min Vol Factor ETF	0.2	22	48	5.8	+2.5
FYX	First Trust Small Cap Core AlphaDEX Fund	0.2	61	9	5.9	+2.5
FYT	First Trust Small Cap Value AlphaDEX Fund	0.2	73	-3	10.9	+7.5
AVIV	Avantis International Large Cap Value ETF	0.2	25	45	8.5	+5.1
DOL	WisdomTree International LargeCap Dividend Fund	0.2	48	22	7.2	+3.8
IQSI	IQ Candriam International Equity ETF	0.2	15	55	6.6	+3.2
FESM	Fidelity Enhanced Small Cap ETF	0.2	28	42	7.1	+3.7
IEUR	iShares Core MSCI Europe ETF	0.1	11	59	7.3	+4.0
SMMD	iShares Russell 2500 ETF	0.1	15	55	6.1	+2.7
DFAS	Dimensional U.S. Small Cap ETF	0.1	26	44	6.4	+3.1
QEFA	SPDR MSCI EAFE StrategicFactors ETF	0.1	30	40	7.0	+3.6
AVSC	Avantis U.S Small Cap Equity ETF	0.1	25	45	5.6	+2.2
DIVI	Franklin International Core Dividend Tilt Index ETF	0.1	9	61	8.0	+4.6
ESGD	iShares ESG Aware MSCI EAFE ETF	0.1	20	50	6.7	+3.3
DWM	WisdomTree International Equity Fund	0.1	48	22	7.4	+4.0
IQLT	iShares MSCI Intl Quality Factor ETF	0.1	30	40	6.2	+2.8
EFA	iShares MSCI EAFE ETF	0.1	35	35	6.7	+3.3
DDWM	WisdomTree Dynamic Currency Hedged International Equity Fund	0.1	40	30	7.4	+4.0
DFIC	Dimensional International Core Equity 2 ETF	0.1	23	47	7.4	+4.0
ISCV	iShares Morningstar Small Cap Value ETF	0.1	6	64	9.3	+6.0
IEFA	iShares Core MSCI EAFE ETF	0.1	7	63	7.0	+3.6
CSA	VictoryShares US Small Cap Volatility Wtd ETF	0.1	35	35	7.8	+4.4
TPSC	Timothy Plan US Small Cap Core ETF	0.1	52	18	6.9	+3.5
FNDA	Schwab Fundamental US Small Co. Index ETF	0.1	25	45	8.4	+5.0
IDEV	iShares Core MSCI International Developed Markets ETF	0.1	4	66	6.9	+3.5
SPDW	SPDR Portfolio Developed World ex-US ETF	0.1	3	67	6.9	+3.5
RWK	Invesco S&P MidCap 400 Revenue ETF	0.1	39	31	9.6	+6.2
DEEF	Xtrackers FTSE Developed ex US Multifactor ETF	0.1	24	46	7.7	+4.3
ACWX	iShares MSCI ACWI ex U.S. ETF	0.1	34	36	7.6	+4.2
VBR	Vanguard Small Cap Value ETF	0.1	7	63	9.2	+5.8
IXUS	iShares Core MSCI Total International Stock ETF	0.1	7	63	7.8	+4.4
FNDF	Schwab Fundamental International Large Co. Index ETF	0.0	25	45	9.5	+6.1
GSSC	Goldman Sachs Activebeta U.S. Small Cap Equity ETF	0.0	20	50	5.5	+2.2
PXF	Invesco FTSE RAFI Developed Markets ex-U.S. ETF	0.0	45	25	8.8	+5.4
EFAX	SPDR MSCI EAFE Fossil Fuel Free ETF	0.0	20	50	6.3	+2.9
ARB	AltShares Merger Arbitrage ETF	0.0	77	-7	4.2	+0.8
DFAT	Dimensional U.S. Targeted Value ETF	0.0	28	42	9.5	+6.1

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

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RESULTS & ESTIMATES

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

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*

*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS

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

Historical valuation trends

Forward multiple:	Hedgeye Quality Growth ETF
Relative to:	S&P500	MSCI EAFE	MSCI Emg. Mkts.	Other ETF:

AVOID

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

ALTAR Score™

Calculation of ALTAR Score™
Avg. Return on Equity	20.5	%
Divided by: Fwd. P/BV	5.0	x
Less: Expense ratio	70	bp
Equals: ALTAR Score	3.4	%

More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS

COMPOSITE RATING	1.49	CATEGORY AVERAGE	1.59

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.