ETF Research Center

FlexShares STOXX Global Broad Infrastructure Index Fund

ALTAR
Score™

5.7%

Recommen-
dation

OVERWEIGHT

2021E 2022E
P/E ratio	19.0x	P/Sales ratio	1.9x
P/BV ratio	2.1x	Div. yield	3.1%

Description
Performance
Comps
Fundamentals
Valuation
Rating

FlexShares STOXX Global Broad Infrastructure Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks to track the STOXX Global Broad Infrastructure Index Fund.

FUND BASICS
Category	Global Equities
Fund Sponsor	FlexShares ETFs/USA
Website	www.flexshares.com
Inception date	Oct 08, 2013
Assets (mns)	$2,690
Currency	USD
Expense ratio	47 bp
Distributions	Quarterly

FUND STRUCTURE
Regulation	Open-End Investment Company
Custodian
Weighting	Market Cap
Index replication	Optimized
Uses derivatives	No
Options available	Yes

SECTOR BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	176
Wgt avg mkt cap (mns)	$74,352
Large cap (>$10bn)	85.9%
Mid cap ($2-10bn)	13.2%
Small cap (<$2bn)	0.7%
Developed mkts	95.8%
Emerging mkts	4.2%

TOP TEN HOLDINGS
Total	31.0 %
CANADIAN NATL RAILWAY CO	4.4 %
COMCAST CORP-CL A	4.0 %
DEUTSCHE POST AG-REG	3.6 %
VERIZON COMMUNICATIONS INC	3.5 %
AT&T INC	3.0 %
ENBRIDGE INC	3.0 %
NEXTERA ENERGY GROUP	2.5 %
IBERDROLA SA	2.4 %
ENEL SPA	2.4 %
CANADIAN PACIFIC RAILWAY LTD	2.4 %

TOP COUNTRY EXPOSURE
	UNITED STATES	39.1 %
	CANADA	15.8 %
	JAPAN	9.2 %
	GERMANY	6.9 %
	BRITAIN	4.8 %
	AUSTRALIA	4.2 %
	SPAIN	4.0 %
	ITALY	3.6 %
	FRANCE	3.0 %
	HONG KONG	1.4 %

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.
10.7%	18.7%	8.5%	--	7.2%

Market Correlations
versus...	Beta	R-squared
S&P500	0.73	82%
MSCI EAFE	0.75	84%
MSCI Emg. Mkts.	0.55	58%

Technical Indicators
Recent close	$56.99
30d moving avg.	$58.43
Annualized volatility	14.8%
Short interest (ETF)	0.5%
Relative strength (RSI)	43

Liquidity measures
Avg. volume (thou.)	171
Turnover	0.4%
Bid/Ask (% of price)	0.07%
ADV underlying (mns)	$23,493

Distributions

FINDING ALTERNATIVE FUNDS

Below is a list of 1030 potential alternatives to the FlexShares STOXX Global Broad Infrastructure Index Fund ETF based on the alternatives' overlap in portfolio holdings with NFRA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker:

NFRA

Expense:

47 bp

ALTAR Score™:

5.7%

ALTERNATIVE ETFs BASED ON OVERLAP WITH NFRA
Ticker	Fund Name	Overlap¹ vs NFRA (%)	Expense ratio (bp)	Savings vs NFRA (bp)	ALTAR Score™ (%)	ALTAR vs NFRA (%)
INFR	Legg Mason Global Infrastructure ETF	40.3	40	7	5.9	+0.2
IGF	iShares Global Infrastructure ETF	33.4	46	1	3.9	-1.8
GII	SPDR S&P Global Infrastructure ETF	33.4	40	7	4.0	-1.7
GLIF	AGFiQ Global Infrastructure ETF	28.3	45	2	4.5	-1.3
JXI	iShares Global Utilities ETF	24.4	46	1	5.6	-0.2
TOLZ	ProShares DJ Brookfield Global Infrastructure ETF	23.0	47	0	4.6	-1.1
IXP	iShares Global Comm Services ETF	22.2	46	1	5.3	-0.4
DURA	VanEck Vectors Morningstar Durable Dividend ETF	16.0	29	18	7.5	+1.8
JMIN	JPMorgan U.S. Minimum Volatility ETF	15.4	12	35	5.5	-0.3
BBCA	JPMorgan BetaBuilders Canada ETF	15.1	19	28	6.5	+0.8
GBLO	Global Beta Low Beta ETF	15.1	29	18	7.8	+2.1
ZCAN	SPDR Solactive Canada ETF	15.0	14	33	0.0	-5.7
FLCA	Franklin FTSE Canada ETF	14.9	9	38	6.8	+1.1
LSLT	Salt Low truBeta US Market ETF	14.6	60	-13	5.5	-0.3
DEW	WisdomTree Global High Dividend Fund	14.5	58	-11	8.9	+3.1
SPMV	Invesco S&P 500 Minimum Variance ETF	14.3	10	37	5.0	-0.8
FIVG	Defiance Next Gen Connectivity ETF	14.1	30	17	4.6	-1.2
FCOM	Fidelity MSCI Telecommunication Services Index ETF	14.0	8	39	3.9	-1.9
VOX	Vanguard Telecommunication Services Index Fund	14.0	10	37	3.8	-2.0
BIBL	Inspire ETF	13.9	35	12	4.6	-1.2
SPLV	Invesco S&P 500 Low Volatility ETF	13.9	25	22	5.6	-0.2
ALTL	Pacer Lunt Large Cap Alternator ETF	13.8	60	-13	5.1	-0.7
EMLP	First Trust North American Energy Infrastructure Fund	13.8	96	-49	4.8	-1.0
JHCS	John Hancock Multifactor Media & Communications ETF	13.8	40	7	4.9	-0.8
ACWV	iShares MSCI Global Min Vol Factor ETF	13.5	20	27	5.3	-0.5
DHS	WisdomTree U.S. High Dividend Fund	13.2	38	9	8.1	+2.3
EWCO	Invesco S&P 500 Equal Weight Communication Services ETF	13.1	40	7	6.0	+0.3
XLC	The Communication Services Select Sector SPDR Fund	13.1	12	35	5.1	-0.7
GBDV	Global Beta Smart Income ETF	13.0	29	18	8.9	+3.2
IVRA	Invesco Real Assets ESG ETF	12.9	59	-12	4.7	-1.1
DLN	WisdomTree U.S. LargeCap Dividend Fund	12.9	28	19	6.3	+0.6
EWC	iShares MSCI Canada ETF	12.8	51	-4	6.3	+0.5
JDIV	JPMorgan U.S. Dividend ETF	12.8	12	35	7.1	+1.4
IFRA	iShares U.S. Infrastructure ETF	12.7	40	7	3.9	-1.8
MGV	Vanguard Mega Cap Value ETF	12.7	7	40	6.8	+1.0
USMV	iShares Edge MSCI Min Vol USA ETF	12.6	15	32	5.1	-0.7
FTA	First Trust Large Cap Value AlphaDEX Fund	12.5	60	-13	7.7	+1.9
FDL	First Trust Morningstar Dividend Leaders Index Fund	12.5	45	2	8.1	+2.4
FLLV	Franklin Liberty U.S. Low Volatility ETF	12.4	29	18	5.0	-0.8
NXTG	First Trust Indxx NextG ETF	12.2	70	-23	5.3	-0.5
YLDE	ClearBridge Dividend Strategy ESG ETF	12.2	60	-13	4.6	-1.2
IWX	iShares Russell Top 200 Value ETF	12.1	20	27	6.3	+0.6
FVD	First Trust Value Line Dividend Index Fund	12.1	70	-23	5.7	-0.1
EXI	iShares Global Industrials ETF	12.1	46	1	4.9	-0.9
LGLV	SPDR Russell 1000 Low Volatility ETF	11.9	12	35	4.6	-1.2
VETS	Pacer Military Times Best Employers ETF	11.7	60	-13	0.0	-5.7
VYM	Vanguard High Dividend Yield Index ETF	11.7	6	41	6.9	+1.2
VTRN	Victory Portfolios II VictoryShares Top Veteran Employers ET	11.5	60	-13	6.4	+0.7
HDV	iShares Core High Dividend ETF	11.4	8	39	6.3	+0.6
DTD	WisdomTree U.S.Total Dividend Fund	11.4	28	19	6.4	+0.6
FVL	First Trust Value Line 100 ETF	11.3	70	-23	0.0	-5.7
JEPI	JPMorgan Equity Premium Income ETF	11.2	35	12	4.8	-0.9
VTV	Vanguard Value Index Fund	11.2	4	43	6.7	+1.0
JPUS	JPMorgan Diversified Return U.S. Equity ETF	11.2	18	29	6.1	+0.3
FUTY	Fidelity MSCI Utilities Index ETF	11.1	8	39	5.7	-0.0
VPU	Vanguard Utilities Index Fund	11.1	10	37	5.7	-0.1
RBUS	Nationwide Risk-Based U.S. Equity ETF	11.1	30	17	5.3	-0.5
JHMU	John Hancock Multifactor Utilities ETF	10.9	40	7	5.6	-0.2
IDU	iShares U.S. Utilities ETF	10.9	43	4	5.4	-0.3
PFM	Invesco Dividend Achievers ETF	10.9	53	-6	5.3	-0.4
DGRO	iShares Core Dividend Growth ETF	10.9	8	39	6.3	+0.6
FXU	First Trust Utilities AlphaDEX Fund	10.8	62	-15	5.9	+0.2
VFMV	Vanguard U.S. Minimum Volatility ETF	10.8	13	34	4.9	-0.9
HDEF	Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF	10.8	20	27	8.3	+2.6
RYU	Invesco S&P 500 Equal Weight Utilities ETF	10.8	40	7	6.1	+0.4
XLU	Utilities Select Sector SPDR Fund	10.8	12	35	5.6	-0.2
PZLD	Puzzle Divdend Leaders	10.8	10	37	5.8	+0.1
XRLV	Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF	10.6	25	22	5.9	+0.2
VEGN	US Vegan Climate ETF	10.6	60	-13	4.0	-1.7
EQWL	Invesco Russell Top 200 Equal Weight ETF	10.6	25	22	5.6	-0.1
VOOV	Vanguard S&P 500 Value ETF	10.5	10	37	6.3	+0.5
DTH	WisdomTree International High Dividend Fund	10.5	58	-11	8.9	+3.1
IVE	iShares S&P 500 Value ETF	10.4	18	29	6.2	+0.4
SPYV	SPDR Portfolio S&P 500 Value ETF	10.4	4	43	6.3	+0.6
VONV	Vanguard Russell 1000 Value Index Fund	10.2	8	39	6.2	+0.5
IWD	iShares Russell 1000 Value ETF	10.2	19	28	6.1	+0.4
CID	VictoryShares Intl High Dividend Volatility Wtd Index ETF	10.1	45	2	8.5	+2.7
HDAW	Xtrackers MSCI All World ex US High Dividend Yield Equity ET	10.1	20	27	9.5	+3.7
ILCV	iShares Morningstar Value ETF	10.0	4	43	6.4	+0.7
IUSV	iShares Core S&P U.S. Value ETF	9.9	4	43	6.4	+0.6
CHGX	Change Finance U.S. Large Cap Fossil Fuel Free ETF	9.9	49	-2	4.8	-0.9
FAN	First Trust Global Wind Energy ETF	9.9	62	-15	5.8	+0.0
PRF	Invesco FTSE RAFI US 1000 ETF	9.9	39	8	6.0	+0.3
SCHY	Schwab International Dividend Equity ETF	9.8	14	33	8.0	+2.2
DVY	iShares Select Dividend ETF	9.8	39	8	7.9	+2.2
DEF	Invesco Defensive Equity ETF	9.8	53	-6	5.5	-0.2
HUSV	First Trust Horizon Managed Volatility Domestic ETF	9.7	70	-23	5.1	-0.7
VLU	SPDR S&P 1500 Value Tilt ETF	9.7	12	35	6.4	+0.7
SPHD	Invesco S&P 500 High Dividend Low Volatility ETF	9.7	30	17	7.9	+2.1
AUSF	Global X Adaptive U.S. Factor ETF	9.7	27	20	7.7	+2.0
OUSA	O'Shares FTSE US Quality Dividend ETF	9.6	48	-1	5.8	+0.0
SCHV	Schwab U.S. Large-Cap Value ETF	9.6	4	43	6.2	+0.4
DOL	WisdomTree International LargeCap Dividend Fund	9.5	48	-1	7.2	+1.5
IUS	Invesco Strategic US ETF	9.5	19	28	6.0	+0.3
SPYD	SPDR S&P 500 High Dividend ETF	9.4	7	40	8.1	+2.4
IQIN	IQ 500 International ETF	9.4	25	22	7.8	+2.1
EQAL	Invesco Russell 1000 Equal Weight ETF	9.4	20	27	5.2	-0.5
CDC	VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF	9.4	37	10	7.4	+1.7
CDL	VictoryShares US Large Cap High Dividend Volatility Wtd Idx	9.4	35	12	7.4	+1.7
FDLO	Fidelity Low Volatility Factor ETF	9.4	29	18	4.7	-1.1
DGRW	WisdomTree U.S. Quality Dividend Growth Fund	9.3	28	19	6.4	+0.7
SPXT	ProShares S&P 500 Ex-Technology ETF	9.2	27	20	4.9	-0.8
PUI	Invesco DWA Utilities Momentum ETF	9.0	60	-13	5.3	-0.4
QLV	FlexShares US Quality Low Volatility Index Fund	9.0	22	25	4.1	-1.7
FIDI	Fidelity International High Dividend ETF	9.0	39	8	8.5	+2.8
PALC	Pacer Lunt Large Cap Multi-Factor Alternator ETF	8.9	60	-13	3.4	-2.3
EFV	iShares MSCI EAFE Value ETF	8.9	39	8	8.3	+2.5
IQLT	iShares Edge MSCI Intl Quality Factor ETF	8.9	30	17	5.7	0.0
IGRO	iShares International Dividend Growth ETF	8.9	15	32	7.1	+1.4
FEX	First Trust Large Cap Core AlphaDEX Fund	8.8	59	-12	5.2	-0.5
ICLN	iShares Global Clean Energy ETF	8.7	46	1	4.9	-0.8
FNDX	Schwab Fundamental U.S. Large Co. Index ETF	8.7	25	22	5.9	+0.2
QWLD	SPDR MSCI World StrategicFactors ETF	8.7	30	17	5.3	-0.4
DIVB	iShares U.S. Dividend & Buyback ETF	8.7	25	22	6.0	+0.3
DWX	SPDR S&P International Dividend ETF	8.6	45	2	8.0	+2.2
IVLC	Invesco US Large Cap Core ESG ETF	8.6	48	-1	4.3	-1.4
NULV	Nuveen ESG Large-Cap Value ETF	8.5	35	12	6.2	+0.5
QUS	SPDR MSCI USA StrategicFactors ETF	8.5	15	32	5.2	-0.5
NULC	Nuveen ESG Large-Cap ETF	8.4	20	27	4.6	-1.1
DBLV	AdvisorShares DoubleLine Value Equity ETF	8.4	91	-44	5.6	-0.1
ECLN	First Trust EIP Carbon Impact ETF	8.3	97	-50	3.4	-2.4
SMOG	VanEck Vectors Low Carbon Energy ETF	8.3	62	-15	3.5	-2.3
EFAV	iShares Edge MSCI Min Vol EAFE ETF	8.3	20	27	4.9	-0.9
VRAI	Virtus Real Asset Income ETF	8.3	55	-8	7.1	+1.4
EPS	WisdomTree U.S. Earnings 500 Fund	8.3	8	39	6.1	+0.4
FQAL	Fidelity Quality Factor ETF	8.2	29	18	4.8	-1.0
PEY	Invesco High Yield Equity Dividend Achievers ETF	8.2	52	-5	7.5	+1.8
HKND	Humankind US Stock ETF	8.2	209	-162	3.9	-1.9
TPHD	Timothy Plan High Dividend Stock ETF	8.2	52	-5	5.9	+0.1
IDHD	Invesco S&P Intl Developed High Dividend Low Volatility ETF	8.2	30	17	7.3	+1.5
FNDB	Schwab Fundamental U.S. Broad Market Index ETF	8.2	25	22	5.8	+0.1
ISDX	Invesco RAFI Strategic Developed ex-US ETF	8.1	23	24	7.5	+1.8
EURZ	Xtrackers Eurozone Equity ETF	8.1	9	38	6.1	+0.3
EZU	iShares MSCI Eurozone ETF	8.1	51	-4	5.7	-0.1
SPQQ	Siren Large Cap Blend Index ETF	8.0	20	27	3.9	-1.8
FAB	First Trust Multi Cap Value AlphaDEX Fund	8.0	70	-23	7.9	+2.1
TPLC	Timothy Plan US Large Cap Core ETF	8.0	52	-5	4.7	-1.1
DIVZ	TrueShares Low Volatility Equity Income ETF	7.9	65	-18	8.7	+3.0
IYZ	iShares U.S. Telecommunications ETF	7.8	42	5	6.2	+0.4
FDRR	Fidelity Dividend ETF for Rising Rates	7.8	29	18	6.6	+0.9
QDEF	FlexShares Quality Dividend Defensive Index Fund	7.8	37	10	5.9	+0.2
KRMA	Global X Conscious Companies ETF	7.8	43	4	5.1	-0.6
DWM	WisdomTree International Equity Fund	7.8	48	-1	7.2	+1.4
UTES	Virtus Reaves Utilities ETF	7.8	49	-2	4.8	-1.0
USLB	Invesco Russell 1000 Low Beta Equal Weight ETF	7.8	35	12	5.0	-0.7
MAGA	Point Bridge GOP Stock Tracker ETF	7.7	72	-25	4.8	-0.9
DDWM	WisdomTree Dynamic Currency Hedged International Equity Fund	7.7	40	7	7.3	+1.5
WDIV	SPDR Global Dividend ETF	7.6	40	7	8.8	+3.1
CFA	VictoryShares US 500 Volatility Weighted Index ETF	7.6	35	12	5.4	-0.4
CFO	VictoryShares US 500 Enhanced Volatility Weighted Index ETF	7.6	35	12	5.4	-0.3
SDOG	ALPS Sector Dividend Dogs ETF	7.5	40	7	8.4	+2.7
RWL	Invesco S&P 500 Revenue ETF	7.5	39	8	6.1	+0.4
GDVD	Principal Active Global Dividend Income ETF	7.5	58	-11	0.0	-5.7
PXF	Invesco FTSE RAFI Developed Markets ex-U.S. ETF	7.5	45	2	7.5	+1.8
FEZ	SPDR EURO STOXX 50 ETF	7.5	29	18	5.7	-0.0
SPXV	ProShares S&P 500 Ex-Health Care ETF	7.4	27	20	4.4	-1.4
CCOR	Core Alternative ETF	7.4	109	-62	4.4	-1.3
ACVF	American Conservative Values ETF	7.4	75	-28	4.2	-1.6
ACSI	American Customer Satisfaction Core Alpha ETF	7.4	66	-19	4.4	-1.3
VYMI	Vanguard International High Dividend Yield ETF	7.4	27	20	9.3	+3.6
LVHI	Legg Mason International Low Volatility High Dividend ETF	7.3	40	7	8.4	+2.7
XTL	SPDR S&P Telecom ETF	7.3	35	12	2.2	-3.6
NACP	Impact Shares NAACP Minority Empowerment ETF	7.3	49	-2	4.6	-1.2
DBEZ	Xtrackers MSCI Eurozone Hedged Equity ETF	7.3	47	0	5.6	-0.2
RSP	Invesco S&P 500 Equal Weight ETF	7.3	20	27	5.3	-0.4
FLQL	Franklin LibertyQ U.S. Equity ETF	7.2	15	32	6.4	+0.7
VIG	Vanguard Dividend Appreciation Index Fund	7.2	6	41	5.5	-0.3
IDLV	Invesco S&P International Developed Low Volatility ETF	7.2	25	22	5.9	+0.1
GSEW	Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	7.2	9	38	4.9	-0.8
ENFR	Alerian Energy Infrastructure ETF	7.2	65	-18	3.5	-2.2
HDMV	First Trust Horizon Managed Volatility Developed Intl ETF	7.2	80	-33	5.7	0.0
PQLC	PGIM QMA Strategic Alpha Large-Cap Core ETF	7.2	17	30	6.1	+0.3
USAI	Pacer American Energy Independence ETF	7.2	75	-28	3.1	-2.6
FNDF	Schwab Fundamental International Large Co. Index ETF	7.1	25	22	8.1	+2.3
RNDM	First Trust Developed International Equity Select ETF	7.1	65	-18	5.5	-0.3
DTN	WisdomTree U.S. Dividend ex-Financials Fund	7.1	38	9	7.3	+1.6
FUNL	CornerCap Fundametrics Large-Cap ETF	7.0	50	-3	6.8	+1.1
SYV	SPDR MFS Systematic Value Equity ETF	7.0	60	-13	0.0	-5.7
SRVR	Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF	7.0	60	-13	1.8	-3.9
BKIE	BNY Mellon International Equity ETF	7.0	4	43	6.4	+0.7
FVAL	Fidelity Value Factor ETF	6.9	29	18	7.2	+1.5
KLCD	KFA Large Cap Quality Dividend Index ETF	6.9	42	5	5.8	+0.0
ROUS	Hartford Multifactor US Equity ETF	6.9	19	28	5.7	-0.1
QDF	FlexShares Quality Dividend Index Fund	6.9	37	10	6.2	+0.5
JHML	John Hancock Multifactor Large Cap ETF	6.8	29	18	4.9	-0.8
DXGE	WisdomTree Germany Hedged Equity Fund	6.8	48	-1	7.9	+2.1
DAX	Global X DAX Germany ETF	6.8	20	27	7.3	+1.6
FLGR	Franklin FTSE Germany ETF	6.8	9	38	6.9	+1.1
EWG	iShares MSCI Germany ETF	6.8	51	-4	6.4	+0.7
DBGR	Xtrackers MSCI Germany Hedged Equity ETF	6.8	45	2	6.4	+0.6
ZDEU	SPDR Solactive Germany ETF	6.8	14	33	0.0	-5.7
NUDM	Nuveen ESG International Developed Markets Equity ETF	6.8	40	7	5.7	0.0
IQSU	IQ Candriam ESG US Equity ETF	6.8	9	38	4.7	-1.1
SPYX	SPDR S&P 500 Fossil Fuel Reserves Free ETF	6.8	20	27	4.8	-1.0
QQXT	First Trust Nasdaq-100 Ex-Technology Sector Index Fund	6.8	60	-13	4.2	-1.6
IWL	iShares Russell Top 200 ETF	6.8	15	32	4.7	-1.1
FID	First Trust S&P International Dividend Aristocrats ETF	6.8	60	-13	8.8	+3.1
CATH	Global X S&P 500 Catholic Values Custom ETF	6.8	29	18	4.5	-1.3
PBP	Invesco S&P 500 BuyWrite ETF	6.7	49	-2	4.3	-1.4
IXC	iShares Global Energy ETF	6.7	46	1	5.5	-0.3
EUDG	WisdomTree Europe Quality Dividend Growth Fund	6.7	58	-11	6.5	+0.7
MGC	Vanguard Mega Cap Index Fund	6.7	7	40	4.8	-1.0
XYLG	Global X S&P 500 Covered Call & Growth ETF	6.7	60	-13	4.3	-1.5
USMF	WisdomTree U.S. Multifactor Fund	6.7	28	19	7.1	+1.3
XVOL	Acruence Active Hedge U.S. Equity ETF	6.7	83	-36	4.1	-1.7
BKLC	BNY Mellon US Large Cap Core Equity ETF	6.7	0	47	4.8	-1.0
SPY	SPDR S&P 500 ETF Trust	6.7	9	38	4.8	-0.9
BLES	Inspire Global Hope Large Cap ETF	6.7	52	-5	5.3	-0.4
IVV	iShares Core S&P 500 ETF	6.6	3	44	4.9	-0.9
RBIN	Nationwide Risk-Based International Equity ETF	6.6	42	5	6.0	+0.3
SPLG	SPDR Portfolio S&P 500 ETF	6.6	3	44	4.9	-0.9
XRMI	Global X S&P 500 Risk Managed Income ETF	6.6	60	-13	4.4	-1.3
VOO	VANGUARD S&P 500 ETF	6.6	3	44	4.9	-0.9
IEME	iShares Evolved U.S. Media & Entertainment ETF	6.6	18	29	5.2	-0.6
SPXE	ProShares S&P 500 Ex-Energy ETF	6.6	27	20	4.8	-1.0
KOKU	Xtrackers MSCI Kokusai Equity ETF	6.6	9	38	5.0	-0.7
HDIV	QRAFT AI-Enhanced U.S. High Dividend ETF	6.6	75	-28	6.4	+0.7
JUST	Goldman Sachs JUST U.S. Large Cap Equity ETF	6.5	20	27	4.8	-1.0
SPXN	ProShares S&P 500 Ex-Financials ETF	6.5	27	20	4.5	-1.2
IWS	iShares Russell Mid-Cap Value ETF	6.5	24	23	5.7	-0.0
EFIV	SPDR S&P 500 ESG ETF	6.5	10	37	4.8	-0.9
WKLY	SoFi Weekly Dividend ETF	6.5	49	-2	7.0	+1.2
SNPE	Xtrackers S&P 500 ESG ETF	6.5	10	37	4.8	-0.9
ZJPN	SPDR Solactive Japan ETF	6.5	14	33	0.0	-5.7
WOMN	Impact Shares YWCA Women's Empowerment ETF	6.5	75	-28	4.4	-1.3
GSUS	Goldman Sachs MarketBeta U.S. Equity ETF	6.5	7	40	4.7	-1.1
PBUS	Invesco PureBeta MSCI USA ETF	6.5	4	43	4.8	-1.0
TOK	iShares MSCI Kokusai ETF	6.5	25	22	4.9	-0.9
EUSA	iShares MSCI USA Equal Weighted ETF	6.4	15	32	4.8	-0.9
USMC	Principal U.S. Mega-Cap Multi-Factor Index ETF	6.4	12	35	4.9	-0.8
RAFE	PIMCO RAFI ESG U.S. ETF	6.4	30	17	6.7	+1.0
QSY	WisdomTree U.S. LargeCap Value Fund	6.4	38	9	6.9	+1.1
URTH	iShares MSCI World ETF	6.4	24	23	5.0	-0.8
JHMD	John Hancock Multifactor Developed International ETF	6.4	39	8	6.4	+0.7
XTR	Global X S&P 500 Tail Risk ETF	6.4	60	-13	4.5	-1.3
BBUS	JP Morgan Betabuilders U.S. Equity ETF	6.4	2	45	4.8	-0.9
XCLR	Global X S&P 500 Collar 95-110 ETF	6.4	60	-13	4.5	-1.3
VV	Vanguard Large-Cap Index Fund	6.4	4	43	4.7	-1.1
SPTM	SPDR Portfolio Total Stock Market ETF	6.4	3	44	5.0	-0.8
SCHX	Schwab U.S. Large-Cap ETF	6.3	3	44	4.7	-1.0
FDEV	Fidelity Targeted International Factor ETF	6.3	39	8	6.2	+0.5
GSPY	Gotham Enhanced 500 ETF	6.3	50	-3	5.0	-0.8
ABEQ	Absolute Core Strategy ETF	6.3	88	-41	4.5	-1.3
RESP	WisdomTree US ESG Fund of Benef Interest	6.3	28	19	5.7	-0.1
QVML	Invesco S&P 500 QVM Multi-factor ETF	6.3	11	36	4.8	-0.9
VWID	Virtus WMC International Dividend ETF	6.3	49	-2	7.6	+1.9
ESGU	iShares MSCI USA ESG Optimized ETF	6.3	15	32	4.7	-1.1
VPN	Global X Data Center REITs & Digital Infrastructure ETF	6.3	50	-3	3.9	-1.9
SIZE	iShares MSCI USA Size Factor ETF	6.3	15	32	4.8	-0.9
LVHD	Legg Mason Low Volatility High Dividend ETF	6.2	27	20	6.8	+1.1
ILCB	iShares Morningstar U.S. Equity ETF	6.2	3	44	4.7	-1.0
SCHK	Schwab 1000 Index ETF	6.2	5	42	4.7	-1.1
FIDU	Fidelity MSCI Industrials Index ETF	6.2	8	39	5.2	-0.6
VIS	Vanguard Industrials Index Fund	6.2	10	37	4.9	-0.8
EWJV	iShares MSCI Japan Value ETF	6.2	15	32	8.8	+3.0
IYY	iShares Dow Jones U.S. ETF	6.2	20	27	4.6	-1.2
PWV	Invesco Dynamic Large Cap Value ETF	6.2	56	-9	6.9	+1.1
VONE	Vanguard Russell 1000 ETF	6.2	8	39	4.7	-1.1
IWB	iShares Russell 1000 ETF	6.2	15	32	4.6	-1.1
EASG	Xtrackers MSCI EAFE ESG Leaders Equity ETF	6.2	14	33	5.7	-0.1
XVV	iShares ESG Screened S&P 500 ETF	6.2	8	39	4.7	-1.0
SCHF	Schwab International Equity ETF	6.1	6	41	6.5	+0.8
IYC	iShares U.S. Consumer Services ETF	6.1	43	4	2.9	-2.8
DFAI	Dimensional International Core Equity Market ETF	6.1	18	29	6.2	+0.4
CRBN	iShares MSCI ACWI Low Carbon Target ETF	6.1	20	27	5.3	-0.5
VSLU	Applied Finance Valuation Large Cap ETF	6.1	49	-2	5.3	-0.4
IYJ	iShares U.S. Industrials ETF	6.1	42	5	5.1	-0.6
JMOM	JPMorgan U.S. Momentum Factor ETF	6.0	12	35	3.7	-2.0
VNQ	Vanguard REIT Index Fund	6.0	12	35	5.3	-0.4
FREL	Fidelity MSCI Real Estate Index ETF	6.0	9	39	5.3	-0.5
SCHH	Schwab U.S. REIT ETF	6.0	7	40	5.2	-0.6
IYR	iShares U.S. Real Estate ETF	6.0	42	5	5.2	-0.6
PSR	Invesco Active U.S. Real Estate Fund	6.0	35	12	4.7	-1.0
RESD	WisdomTree International ESG Fund	6.0	30	17	5.8	+0.1
DGT	SPDR Global Dow ETF	6.0	50	-3	6.7	+1.0
TUSA	First Trust Total US Market AlphaDEX ETF	6.0	70	-23	5.7	-0.0
QEFA	SPDR MSCI EAFE Quality Mix ETF	6.0	30	17	5.9	+0.1
LOWC	SPDR MSCI ACWI Low Carbon Target ETF	5.9	20	27	5.3	-0.5
ESGD	iShares MSCI EAFE ESG Optimized ETF	5.9	20	27	6.1	+0.3
RDIV	Invesco S&P Ultra Dividend Revenue ETF	5.9	39	8	9.5	+3.7
CEFA	Global X S&P Catholic Values Developed ex-U.S. ETF	5.9	35	12	5.9	+0.1
OEF	iShares S&P 100 ETF	5.9	20	27	4.5	-1.2
XLI	Industrial Select Sector SPDR Fund	5.9	12	35	5.1	-0.6
SCHB	Schwab U.S. Broad Market ETF	5.9	3	44	4.6	-1.1
MFDX	PIMCO RAFI Dynamic Multi-Factor International Equity ETF	5.9	39	8	6.5	+0.7
SDG	iShares Sustainable MSCI Global Impact ETF	5.9	49	-2	6.6	+0.8
TPIF	Timothy Plan International ETF	5.9	62	-15	5.8	+0.0
DSTL	Distillate US Fundamental Stability & Value ETF	5.8	39	8	7.1	+1.3
ITOT	iShares Core S&P Total U.S. Stock Market ETF	5.8	3	44	4.5	-1.2
FGM	First Trust Germany AlphaDEX Fund	5.8	80	-33	5.1	-0.7
IWV	iShares Russell 3000 ETF	5.8	20	27	4.4	-1.3
VTHR	Vanguard Russell 3000 Index Fund	5.8	10	37	4.5	-1.3
JHMI	John Hancock Multifactor Industrials ETF	5.8	40	7	5.2	-0.5
SPVU	Invesco S&P 500 Enhanced Value ETF	5.8	13	34	8.8	+3.0
JQUA	JPMorgan U.S. Quality Factor ETF	5.8	12	35	5.2	-0.6
CIL	VictoryShares International Volatility Weighted Index ETF	5.8	45	2	6.1	+0.3
EWRE	Invesco S&P 500 Equal Weight Real Estate ETF	5.8	40	7	4.9	-0.8
XLRE	The Real Estate Select Sector SPDR Fund	5.8	12	35	4.8	-1.0
ICF	iShares Cohen & Steers REIT ETF	5.8	34	13	4.5	-1.2
VTI	Vanguard Total Stock Market Index Fund	5.8	3	44	4.4	-1.3
SFY	SoFi Select 500 ETF	5.8	0	47	4.5	-1.2
FIVA	Fidelity International Value Factor ETF	5.8	39	8	9.1	+3.3
ACWI	iShares MSCI ACWI ETF	5.8	32	15	5.2	-0.5
CIZ	VictoryShares Developed Enhanced Volatility Weighted Index E	5.7	45	2	6.1	+0.3
RNDV	US Equity Dividend Select ETF	5.7	50	-3	7.0	+1.3
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	5.7	10	37	4.9	-0.9
USEQ	Invesco Russell 1000 Enhanced Equal Weight ETF	5.7	29	18	6.2	+0.5
SUSL	iShares ESG MSCI USA Leaders ETF	5.7	10	37	4.9	-0.9
IEV	iShares Europe ETF	5.7	59	-12	5.8	+0.1
GCOW	Pacer Global High Dividend ETF	5.7	60	-13	10.4	+4.6
QQEW	First Trust Nasdaq-100 Equal Weighted Index Fund	5.6	58	-11	3.9	-1.8
QQQE	Direxion NASDAQ-100 Equal Weighted Index Shares	5.6	35	12	4.2	-1.6
GRES	IQ Global Resources ETF	5.6	78	-31	7.0	+1.3
RVRS	Reverse Cap Weighted U.S. Large Cap ETF	5.6	29	18	5.4	-0.3
IDEV	iShares Core MSCI International Developed Markets ETF	5.6	5	42	6.2	+0.5
IYF	iShares U.S. Financials ETF	5.6	42	5	5.7	-0.0
BBEU	JPMorgan BetaBuilders Europe ETF	5.6	9	38	6.4	+0.6
IQSI	IQ Candriam ESG International Equity ETF	5.6	15	32	6.3	+0.6
REVS	Columbia Research Enhanced Value ETF	5.6	19	28	6.9	+1.2
DBEU	Xtrackers MSCI Europe Hedged Equity ETF	5.6	46	1	5.9	+0.1
QLVD	FlexShares Developed Markets ex-US Quality Low Volatility Id	5.6	32	15	5.9	+0.1
OEUR	O'shares FTSE Europe Quality Dividend ETF	5.6	48	-1	4.9	-0.8
DOO	WisdomTree International Dividend ex-Financials Fund	5.6	58	-11	8.1	+2.3
CLMA	iClima Global Decarbonization Transition Leaders ETF	5.6	65	-18	2.1	-3.7
ONEY	SPDR Russell 1000 Yield Focus ETF	5.5	20	27	7.8	+2.0
FLEE	Franklin FTSE Europe ETF	5.5	9	38	6.3	+0.6
DFAU	Dimensional US Core Equity Market ETF	5.5	12	35	4.9	-0.8
PDEV	Principal International Multi-Factor Core Index ETF	5.5	25	22	6.8	+1.0
FLEH	Franklin FTSE Europe Hedged ETF	5.5	9	38	6.3	+0.5
VEA	Vanguard FTSE Developed Markets ETF	5.5	5	42	6.4	+0.7
EFA	iShares MSCI EAFE ETF	5.5	32	15	6.1	+0.3
SPDW	SPDR Portfolio Developed World ex-US ETF	5.4	4	43	6.1	+0.4
DMXF	iShares ESG Advanced MSCI EAFE ETF	5.4	12	35	5.5	-0.3
GSID	Goldman Sachs MarketBeta International Equity ETF	5.4	20	27	6.3	+0.5
RNLC	Large Cap US Equity Select ETF	5.4	60	-13	5.4	-0.4
BBJP	JPMorgan BetaBuilders Japan ETF	5.4	19	28	6.4	+0.6
VSDA	VictoryShares Dividend Accelerator ETF	5.3	35	12	4.8	-1.0
QDYN	FlexShares Quality Dividend Dynamic Index Fund	5.3	37	10	6.0	+0.2
DBEF	Xtrackers MSCI EAFE Hedged Equity ETF	5.3	36	11	6.0	+0.3
JVAL	JPMorgan U.S. Value Factor ETF	5.3	12	35	7.2	+1.5
VT	Vanguard Total World Stock ETF	5.3	8	39	5.4	-0.3
DIV	Global X SuperDividend US ETF	5.3	45	2	7.0	+1.3
HFXI	IQ 50 Percent Hedged FTSE International ETF	5.2	20	27	6.5	+0.7
ISZE	iShares Edge MSCI Intl Size Factor ETF	5.2	30	17	5.9	+0.1
MXDU	Nationwide Maximum Diversification US Core Equity ETF	5.2	34	13	3.9	-1.9
JPIN	JPMorgan Diversified Return International Equity ETF	5.2	37	10	7.6	+1.8
DFUS	Dimensional U.S. Equity ETF	5.2	11	36	4.7	-1.0
DSI	iShares MSCI KLD 400 Social ETF	5.2	25	22	4.6	-1.1
SPGM	SPDR Portfolio MSCI Global Stock Market ETF	5.2	9	38	5.3	-0.5
FDVV	Fidelity Core Dividend ETF	5.2	29	18	6.5	+0.8
JPME	JPMorgan Diversified Return U.S. Mid Cap Equity ETF	5.2	24	23	5.7	-0.0
EWJ	iShares MSCI Japan ETF	5.2	51	-4	6.1	+0.3
FLJH	Franklin FTSE Japan Hedged ETF	5.2	9	38	6.5	+0.8
FLJP	Franklin FTSE Japan ETF	5.2	9	38	6.6	+0.8
EFAX	SPDR MSCI EAFE Fossil Fuel Free ETF	5.2	20	27	6.0	+0.2
RGI	Invesco S&P 500 Equal Weight Industrials ETF	5.2	40	7	4.1	-1.7
KVLE	KFA Value Liner Dynamic Core Equity Index ETF	5.1	56	-9	5.1	-0.7
TILT	Flexshares Morningstar US Market Factors Tilt Index Fund	5.1	25	22	5.0	-0.8
SIXL	6 Meridian Low Beta Equity Strategy ETF	5.1	88	-41	4.9	-0.9
LEGR	First Trust Indxx Innovative Transaction & Process ETF	5.1	65	-18	8.4	+2.7
DWMF	WisdomTree International Multifactor Fund	5.1	38	9	6.4	+0.7
QYLD	Global X NASDAQ 100 Covered Call ETF	5.1	60	-13	3.4	-2.3
VSMV	VictoryShares US Multi-Factor Minimum Volatility ETF	5.1	35	12	7.0	+1.2
DBJP	Xtrackers MSCI Japan Hedged Equity ETF	5.1	46	1	6.1	+0.3
GSEU	Goldman Sachs ActiveBeta Europe Equity ETF	5.1	25	22	6.2	+0.5
PAVE	Global X U.S. Infrastructure Development ETF	5.1	47	0	5.0	-0.7
FLV	American Century Focused Large Cap Value ETF	5.1	42	5	6.0	+0.2
SUSA	iShares MSCI USA ESG Select ETF	5.1	25	22	4.5	-1.3
QYLG	Global X Nasdaq 100 Covered Call & Growth ETF	5.1	60	-13	3.5	-2.3
USXF	iShares ESG Advanced MSCI USA ETF	5.1	10	37	4.8	-1.0
QRMI	Global X NASDAQ 100 Risk Managed Income ETF	5.1	60	-13	3.5	-2.3
WBIY	WBI Power Factor High Dividend ETF	5.1	70	-23	8.5	+2.8
QQQ	Invesco QQQ Trust	5.1	20	27	3.9	-1.9
QQQM	Invesco NASDAQ 100 ETF	5.1	15	32	3.9	-1.8
PBDM	Invesco PureBeta FTSE Developed ex-North America ETF	5.0	7	40	6.6	+0.8
IEUR	iShares Core MSCI Europe ETF	5.0	9	38	6.1	+0.4
AVUS	Avantis U.S. Equity ETF	5.0	15	32	5.3	-0.5
NUSI	Nationwide Risk-Managed Income ETF	5.0	68	-21	3.4	-2.3
VGK	Vanguard FTSE Europe ETF	5.0	8	39	6.2	+0.5
UFO	Procure Space ETF	5.0	75	-28	2.4	-3.4
QTR	Global X NASDAQ 100 Tail Risk ETF	5.0	60	-13	3.5	-2.2
VLUE	iShares MSCI USA Value Factor ETF	5.0	15	32	10.1	+4.4
SDY	SPDR S&P Dividend ETF	5.0	35	12	6.2	+0.5
QCLR	Global X NASDAQ 100 Collar 95-110 ETF	5.0	60	-13	3.5	-2.3
JCTR	JPMorgan Carbon Transition U.S. Equity ETF	5.0	15	32	4.8	-0.9
CWI	SPDR MSCI ACWI ex-US ETF	5.0	30	17	6.6	+0.9
SPDV	AAM S&P 500 High Dividend Value ETF	4.9	29	18	9.1	+3.4
IQDE	FlexShares International Quality Dividend Defensive Index ET	4.9	47	0	8.5	+2.8
FTCS	First Trust Capital Strength ETF	4.9	56	-9	5.3	-0.5
FLRG	Fidelity U.S. Multifactor ETF	4.9	29	18	6.4	+0.7
VO	Vanguard Mid-Cap Index Fund	4.9	4	43	4.3	-1.4
ACWX	iShares MSCI ACWI ex U.S. ETF	4.9	32	15	6.6	+0.9
SPEU	SPDR Portfolio Europe ETF	4.9	9	38	6.2	+0.4
ESGV	Vanguard ESG U.S. Stock ETF	4.9	12	35	4.6	-1.1
VFVA	Vanguard U.S. Value Factor ETF	4.9	14	33	8.6	+2.8
IVLU	iShares Edge MSCI Intl Value Factor ETF	4.9	30	17	9.8	+4.1
DFAC	Dimensional U.S. Core Equity 2 ETF	4.9	19	28	5.2	-0.5
SULR	Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund	4.9	79	-32	4.6	-1.2
VEU	Vanguard FTSE All-World ex-US Index Fund	4.8	8	39	6.8	+1.1
VALQ	American Century STOXX U.S. Quality Value ETF	4.8	29	18	7.6	+1.8
MFUS	PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	4.8	30	17	5.7	-0.0
IEFA	iShares Core MSCI EAFE ETF	4.8	7	40	6.2	+0.5
IMCV	iShares Morningstar Mid-Cap Value ETF	4.8	6	41	6.5	+0.7
CLRG	IQ Chaikin U.S. Large Cap ETF	4.8	25	22	5.2	-0.6
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	4.8	41	6	6.5	+0.7
LIV	Emles (a)Home ETF	4.7	49	-2	2.6	-3.2
STLV	iShares Factors US Value Style ETF	4.7	25	22	7.8	+2.1
DIVO	Amplify YieldShares CWP Dividend & Option Income ETF	4.7	55	-8	4.9	-0.9
QLC	FlexShares US Quality Large Cap Index Fund	4.6	32	15	4.8	-0.9
HAP	VanEck Vectors Natural Resources ETF	4.6	50	-3	6.2	+0.4
SUBZ	Roundhill Streaming Services & Technology ETF	4.6	75	-28	-1.3	-7.0
SYE	SPDR MFS Systematic Core Equity ETF	4.6	60	-13	0.0	-5.7
TMFC	Motley Fool 100 Index ETF	4.6	50	-3	3.3	-2.5
IDHQ	Invesco S&P International Developed Quality ETF	4.6	29	18	5.3	-0.5
IDV	iShares International Select Dividend ETF	4.6	49	-2	10.3	+4.6
IPAC	iShares Core MSCI Pacific ETF	4.6	9	38	6.3	+0.6
GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	4.6	9	38	5.3	-0.5
EQRR	ProShares Equities for Rising Rates ETF	4.6	35	12	6.2	+0.5
XT	iShares Exponential Technologies ETF	4.5	47	0	4.7	-1.1
BKMC	BNY Mellon US Mid Cap Core Equity ETF	4.5	4	43	4.7	-1.0
IMCB	iShares Morningstar Mid-Cap ETF	4.5	4	43	4.7	-1.0
VNSE	Natixis Vaughan Nelson Select ETF	4.5	80	-33	2.2	-3.6
ONEV	SPDR Russell 1000 Low Volatility Focus ETF	4.5	20	27	6.2	+0.5
ACIO	Aptus Collared Income Opportunity ETF	4.5	79	-32	3.9	-1.9
XTN	SPDR S&P Transportation ETF	4.5	35	12	2.6	-3.2
IYT	iShares Transportation Average ETF	4.5	42	5	2.6	-3.2
CACG	ClearBridge All Cap Growth ETF	4.5	53	-6	3.6	-2.1
RFDA	RiverFront Dynamic US Dividend Advantage ETF	4.4	52	-5	4.9	-0.8
GSJY	Goldman Sachs ActiveBeta Japan Equity ETF	4.4	25	22	6.5	+0.7
LSAF	LeaderShares AlphaFactor US Core Equity ETF	4.4	75	-28	6.0	+0.3
FDMO	Fidelity Momentum Factor ETF	4.4	29	18	4.4	-1.4
AVDE	Avantis International Equity ETF	4.4	23	24	6.8	+1.1
VXUS	Vanguard Total International Stock ETF	4.4	8	39	6.8	+1.0
IWR	iShares Russell Midcap ETF	4.4	19	28	4.6	-1.2
JPXN	iShares JPX-Nikkei 400 ETF	4.4	48	-1	6.1	+0.4
JPN	Xtrackers Japan JPX-Nikkei 400 Equity ETF	4.4	9	38	6.5	+0.8
IXUS	ishares Core MSCI Total International Stock ETF	4.3	9	38	6.6	+0.9
ESGN	Columbia Sustainable International Equity Income ETF	4.3	45	2	8.9	+3.2
GSIE	Goldman Sachs ActiveBeta International Equity ETF	4.3	25	22	6.2	+0.5
ESG	FlexShares STOXX US ESG Impact Index Fund	4.3	32	15	4.6	-1.1
GQRE	FlexShares Global Quality Real Estate Index Fund	4.3	45	2	5.7	-0.0
AFLG	First Trust Active Factor Large Cap ETF	4.3	55	-8	5.4	-0.4
JSTC	Adasina Social Justice All Cap Global ETF	4.3	89	-42	4.5	-1.2
DEUS	Xtrackers Russell 1000 Comprehensive Factor ETF	4.3	17	30	6.4	+0.6
ESGS	Columbia Sustainable U.S. Equity Income ETF	4.2	35	12	8.0	+2.2
UIVM	VictoryShares USAA MSCI International Value Momentum ETF	4.2	35	12	8.4	+2.7
TLTD	FlexShares Morningstar Developed Markets ex-US Factor Tilt	4.2	39	8	6.9	+1.1
EQOP	Natixis U.S. Equity Opportunities ETF	4.2	90	-43	3.8	-2.0
RECS	Columbia Research Enhanced Core ETF	4.1	15	32	5.2	-0.5
GVIP	Goldman Sachs Hedge Industry VIP ETF	4.1	45	2	3.5	-2.3
FTXR	First Trust Nasdaq Transportation ETF	4.1	60	-13	3.7	-2.1
LVOL	American Century Low Volatility ETF	4.0	29	18	4.6	-1.2
FGD	First Trust Dow Jones Global Select Dividend Index Fund	4.0	59	-12	11.4	+5.6
FICS	First Trust International Developed Capital Strength ETF	4.0	70	-23	4.6	-1.1
VPL	Vanguard FTSE Pacific ETF	4.0	8	39	6.7	+0.9
PLC	Principal U.S. Large-Cap Multi-Factor Core Index ETF	4.0	15	32	0.0	-5.7
XLG	Invesco S&P 500 Top 50 ETF	4.0	20	27	4.2	-1.6
RODM	Hartford Multifactor Developed Markets (ex-US) ETF	4.0	29	18	7.4	+1.6
PQIN	PGIM QMA Strategic Alpha International Equity ETF	4.0	29	18	7.0	+1.3
ONEQ	Fidelity Nasdaq Composite Index Tracking Stock	4.0	21	26	3.2	-2.6
EWP	iShares MSCI Spain ETF	4.0	51	-4	7.2	+1.5
VSL	Volshares Large Capital ETF	4.0	65	-18	6.1	+0.3
ADME	Aptus Drawdown Managed Equity ETF	3.9	79	-32	3.8	-1.9
FLGB	Franklin FTSE United Kingdom ETF	3.9	9	38	7.2	+1.5
VOE	Vanguard Mid-Cap Value Index Fund	3.9	7	40	6.2	+0.4
IDLB	Invesco FTSE International Low Beta Equal Weight ETF	3.9	45	2	5.9	+0.2
BBAX	JPMorgan BetaBuilders Developed Asia ex-Japan ETF	3.9	19	28	6.1	+0.4
TDIV	First Trust NASDAQ Technology Dividend Index Fund	3.9	50	-3	5.8	+0.0
FLAU	Franklin FTSE Australia ETF	3.9	9	38	5.8	+0.0
SCHD	Schwab U.S. Dividend Equity ETF	3.8	6	41	7.5	+1.7
EPP	iShares MSCI Pacific ex-Japan ETF	3.8	48	-1	5.6	-0.1
VSGX	Vanguard ESG International Stock ETF	3.8	17	30	6.4	+0.6
EWU	iShares MSCI United Kingdom ETF	3.8	51	-4	7.0	+1.3
RYJ	Invesco Raymond James SB-1 Equity ETF	3.8	76	-29	2.8	-2.9
DNL	WisdomTree Global ex-US Quality Dividend Growth Fund	3.8	58	-11	5.2	-0.6
EBLU	Ecofin Global Water ESG Fund	3.8	40	7	3.5	-2.2
XDAT	Franklin Exponential Data ETF	3.8	50	-3	1.8	-4.0
EFAS	Global X MSCI SuperDividend EAFE ETF	3.8	56	-9	8.2	+2.5
ZGBR	SPDR Solactive United Kingdom ETF	3.7	14	33	0.0	-5.7
GUNR	FlexShares Morningstar Global Upstream Natural Resources Ind	3.7	46	1	6.6	+0.8
FCPI	Fidelity Stocks for Inflation ETF	3.7	29	18	7.3	+1.6
ONEO	SPDR Russell 1000 Momentum Focus ETF	3.6	20	27	6.5	+0.7
GURU	Global X Guru Index ETF	3.6	75	-28	2.5	-3.2
JHMM	John Hancock Multifactor Mid Cap ETF	3.6	42	5	4.8	-0.9
ICOW	Pacer Developed Markets International Cash Cows 100 ETF	3.6	65	-18	11.0	+5.3
CGW	Invesco S&P Global Water Index ETF	3.5	57	-10	3.3	-2.5
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	3.5	35	12	5.5	-0.2
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF	3.5	75	-28	5.2	-0.6
IUSG	iShares Core S&P US Growth ETF	3.5	4	43	4.1	-1.6
PSET	Principal Price Setters Index ETF	3.5	15	32	4.8	-0.9
FCTR	First Trust Lunt U.S. Factor Rotation ETF	3.5	65	-18	4.0	-1.7
BNE	Blue Horizon BNE ETF	3.5	87	-40	3.2	-2.6
VOOG	Vanguard S&P 500 Growth ETF	3.5	10	37	4.1	-1.7
SPYG	SPDR Portfolio S&P 500 Growth ETF	3.5	4	43	4.1	-1.6
IVW	iShares S&P 500 Growth ETF	3.5	18	29	4.0	-1.7
DJD	Invesco Dow Jones Industrial Average Dividend ETF	3.5	7	40	7.2	+1.5
UTRN	Vesper U.S. Large Cap Short-Term Reversal Strategy ETF	3.5	75	-28	6.5	+0.7
QRFT	Qraft Ai-Enhanced U.S. Large Cap ETF	3.4	75	-28	2.7	-3.0
SDEI	Sound Equity Income ETF	3.4	45	2	9.0	+3.3
FLIY	Franklin FTSE Italy ETF	3.4	9	38	8.4	+2.6
EWI	iShares MSCI Italy ETF	3.4	51	-4	7.7	+1.9
MMTM	SPDR S&P 1500 Momentum Tilt ETF	3.4	12	35	4.7	-1.0
DSTX	Distillate International Fundamental Stability & Value ETF	3.4	55	-8	8.0	+2.2
ULVM	VictoryShares USAA MSCI USA Value Momentum ETF	3.4	20	27	7.3	+1.6
FEUZ	First Trust Eurozone AlphaDEX ETF	3.4	80	-33	8.0	+2.3
LRGF	iShares Edge MSCI Multifactor USA ETF	3.3	20	27	6.6	+0.8
VFMO	Vanguard U.S. Momentum Factor ETF	3.3	13	34	2.5	-3.2
NLR	VanEck Vectors Uranium+Nuclear Energy ETF	3.3	61	-14	7.4	+1.6
JIG	JPMorgan International Growth ETF	3.3	55	-8	2.3	-3.4
FEP	First Trust Europe AlphaDEX Fund	3.3	80	-33	7.7	+1.9
QGRO	American Century STOXX U.S. Quality Growth ETF	3.3	29	18	3.3	-2.5
WLDR	Affinity World Leaders Equity ETF	3.3	67	-20	8.2	+2.5
WWJD	Inspire International ESG ETF	3.2	80	-33	5.3	-0.4
FJP	First Trust Japan AlphaDEX Fund	3.2	80	-33	8.7	+3.0
EDOW	First Trust Dow 30 Equal Weight ETF	3.2	50	-3	5.6	-0.2
EWA	iShares MSCI Australia ETF	3.2	51	-4	5.2	-0.5
HLGE	Hartford Longevity Economy ETF	3.1	44	3	6.2	+0.4
DVOL	First Trust Dorsey Wright Momentum & Low Volatility ETF	3.1	60	-13	3.7	-2.1
AQWA	Global X Clean Water ETF	3.1	50	-3	3.8	-1.9
SQEW	LeaderShares Equity Skew ETF	3.1	75	-28	5.9	+0.1
SPVM	Invesco S&P 500 Value with Momentum ETF	3.1	39	8	7.5	+1.8
FMK	First Trust Mega Cap AlphaDEX Fund	3.1	70	-23	0.0	-5.7
ERTH	Invesco MSCI Sustainable Future ETF	3.1	58	-11	4.7	-1.0
MVPS	Amplify Thematic All-Stars ETF	3.0	49	-2	1.8	-4.0
DEEF	Xtrackers FTSE Developed ex US Comprehensive Factor ETF	3.0	24	23	7.0	+1.2
RODE	Hartford Multifactor Diversified International ETF	3.0	29	18	9.9	+4.2
DYNF	BlackRock U.S. Equity Factor Rotation ETF	3.0	30	17	4.5	-1.3
IMTM	iShares Edge MSCI Intl Momentum Factor ETF	2.9	30	17	6.6	+0.9
IWY	iShares Russell Top 200 Growth ETF	2.9	20	27	4.0	-1.7
VUSE	Vident Core US Equity Fund	2.9	48	-1	8.0	+2.3
HEZU	iShares Currency Hedged MSCI Eurozone ETF	2.9	54	-7	5.6	-0.2
QARP	Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	2.9	19	28	5.6	-0.2
PIO	Invesco Global Water ETF	2.9	75	-28	3.7	-2.1
VUG	Vanguard Growth Index Fund	2.9	4	43	3.5	-2.2
CNRG	SPDR S&P Kensho Clean Power ETF	2.9	45	2	2.0	-3.7
ETHO	Etho Climate Leadership U.S. ETF	2.9	48	-1	3.9	-1.8
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	2.9	29	18	7.0	+1.2
GENY	Principal Millennials Index ETF	2.8	45	2	5.0	-0.7
EWJE	iShares MSCI Japan Equal Weighted ETF	2.8	15	32	6.1	+0.4
FLFR	Franklin FTSE France ETF	2.8	9	38	5.6	-0.1
SCHG	Schwab U.S. Large-Cap Growth ETF	2.8	4	43	3.4	-2.3
EWQ	iShares MSCI France ETF	2.8	51	-4	5.3	-0.5
INTF	iShares Edge MSCI Multifactor Intl ETF	2.8	30	17	8.3	+2.6
RPV	Invesco S&P 500 Pure Value ETF	2.8	35	12	9.2	+3.5
FDD	First Trust Stoxx European Select Dividend Index Fund	2.7	58	-11	9.4	+3.7
ACWF	iShares MSCI Global Multifactor ETF	2.7	35	12	7.7	+2.0
DIM	WisdomTree International MidCap Dividend Fund	2.7	58	-11	6.9	+1.2
IQDF	FlexShares International Quality Dividend Index Fund	2.7	47	0	9.0	+3.3
ILCG	iShares Morningstar Growth ETF	2.7	4	43	3.2	-2.5
ESGG	FlexShares STOXX Global ESG Impact Index Fund	2.7	42	5	4.7	-1.0
RFAP	First Trust Riverfront Dynamic Asia Pacific ETF	2.6	83	-36	5.5	-0.2
FDT	First Trust Developed Markets ex-US Alphadex Fund	2.6	80	-33	8.6	+2.9
VFLQ	Vanguard U.S. Liquidity Factor ETF	2.6	13	34	2.9	-2.9
SPRE	SP Funds S&P Global REIT Sharia ETF	2.6	69	-22	3.4	-2.3
FKU	First Trust United Kingdom AlphaDEX Fund	2.5	80	-33	7.5	+1.7
PDP	Invesco DWA Momentum ETF	2.5	62	-15	2.5	-3.3
VONG	Vanguard Russell 1000 Growth Index Fund	2.5	8	39	3.8	-1.9
IWF	iShares Russell 1000 Growth ETF	2.5	19	28	3.7	-2.0
HAWX	iShares Currency Hedged MSCI ACWI ex U.S. ETF	2.5	35	12	6.5	+0.8
CCON	Direxion Connected Consumer ETF	2.5	45	2	3.2	-2.5
IQDY	FlexShares International Quality Dividend Dynamic Index Fund	2.5	47	0	10.0	+4.2
LYFE	2nd Vote Life Neutral Plus ETF	2.4	75	-28	6.0	+0.3
TPYP	Tortoise North American Pipeline Fund	2.4	40	7	5.0	-0.7
DEMZ	Advisors Inner Circle Fund III DEMZ Political Contributions	2.4	45	2	4.5	-1.3
MGK	Vanguard Mega Cap Growth ETF	2.4	7	40	3.8	-2.0
COWZ	Pacer US Cash Cows 100 ETF	2.4	49	-2	9.3	+3.6
HJPX	iShares Currency Hedged JPX-Nikkei 400 ETF	2.4	48	-1	6.1	+0.3
SHE	SPDR SSGA Gender Diversity Index ETF	2.4	20	27	4.2	-1.6
SYG	SPDR MFS Systematic Growth Equity ETF	2.4	60	-13	0.0	-5.7
TECB	iShares US Tech Breakthrough Multisector ETF	2.3	40	7	3.5	-2.3
IDAT	iShares Cloud 5G and Tech ETF	2.3	47	0	0.0	-5.7
HART	IQ Healthy Hearts ETF	2.3	45	2	4.3	-1.4
EFG	iShares MSCI EAFE Growth ETF	2.3	40	7	4.1	-1.7
IMCG	iShares Morningstar Mid-Cap Growth ETF	2.2	6	41	3.1	-2.6
VIGI	Vanguard International Dividend Appreciation ETF	2.2	20	27	5.0	-0.7
HLAL	Wahed FTSE USA Shariah ETF	2.2	50	-3	4.3	-1.4
MOTI	VanEck Vectors Morningstar International Moat ETF	2.2	58	-11	8.6	+2.8
SPUS	SP Funds S&P 500 Sharia Industry Exclusions ETF	2.2	49	-2	3.9	-1.8
FTC	First Trust Large Cap Growth AlphaDEX Fund	2.2	60	-13	2.7	-3.1
REET	iShares Global REIT ETF	2.2	14	33	5.6	-0.2
FFR	First Trust FTSE EPRA/NAREIT Developed Markets Real Estate	2.2	60	-13	5.4	-0.4
PWB	Invesco Dynamic Large Cap Growth ETF	2.2	56	-9	3.4	-2.4
RDOG	ALPS REIT Dividend Dogs ETF	2.2	35	12	7.1	+1.4
MOAT	VanEck Vectors Morningstar Wide Moat ETF	2.2	47	0	5.5	-0.2
USRT	iShares Core U.S. REIT ETF	2.2	8	39	5.6	-0.1
BBRE	JPMorgan BetaBuilders MSCI U.S. REIT ETF	2.2	11	36	5.5	-0.3
FRI	First Trust S&P REIT Index Fund	2.2	50	-3	5.0	-0.8
PPTY	PPTY-U.S. Diversified Real Estate ETF	2.1	49	-2	4.9	-0.8
EGIS	2nd Vote Society Defended ETF	2.1	75	-28	6.2	+0.4
VOT	Vanguard Mid-Cap Growth Index Fund	2.1	7	40	2.7	-3.1
EEMV	iShares MSCI Emerging Markets Min Vol Factor ETF	2.1	25	22	6.8	+1.0
JETS	US Global Jets ETF	2.1	60	-13	-2.2	-7.9
EFAD	ProShares MSCI EAFE Dividend Growers ETF	2.1	51	-4	4.7	-1.1
PRN	Invesco DWA Industrials Momentum ETF	2.1	60	-13	3.0	-2.8
TMDV	ProShares Russell US Dividend Growers ETF	2.0	36	11	5.3	-0.4
NULG	Nuveen ESG Large-Cap Growth ETF	2.0	35	12	3.1	-2.6
RFFC	RiverFront Dynamic US Flex-Cap ETF	2.0	52	-5	4.6	-1.1
IOO	iShares Global 100 ETF	2.0	40	7	4.8	-0.9
VXF	Vanguard Extended Market Index Fund	2.0	6	41	2.5	-3.3
CEZ	VictoryShares Emerging Market Volatility Wtd ETF	2.0	50	-3	0.0	-5.7
FTRI	First Trust Indxx Global Natural Resources Income ETF	2.0	70	-23	13.1	+7.4
VIDI	Vident International Equity Fund	2.0	59	-12	10.5	+4.8
PIZ	Invesco DWA Developed Markets Momentum ETF	1.9	80	-33	3.5	-2.3
EINC	VanEck Vectors Energy Income ETF	1.8	45	2	4.1	-1.6
CZA	Invesco Zacks Mid-Cap ETF	1.8	69	-22	5.4	-0.3
FAD	First Trust Multi Cap Growth AlphaDEX Fund	1.8	63	-16	2.3	-3.5
PID	Invesco International Dividend Achievers ETF	1.8	53	-6	5.6	-0.1
XOUT	GraniteShares XOUT U.S. Large Cap ETF	1.8	60	-13	4.0	-1.7
WWOW	Direxion World Without Waste ETF	1.7	50	-3	1.0	-4.8
EMFM	Global X MSCI Next Emerging & Frontier ETF	1.7	70	-23	6.6	+0.9
QINT	American Century Quality Diversified International ETF	1.7	39	8	6.2	+0.5
GVAL	Cambria Global Value ETF	1.7	65	-18	8.8	+3.1
AVDG	AVDR US LargeCap ESG ETF	1.7	60	-13	5.1	-0.7
EVX	VanEck Vectors Environmental Services ETF	1.7	55	-8	3.0	-2.8
VB	Vanguard Small-Cap ETF	1.6	5	42	4.6	-1.1
MMLG	First Trust Multi-Manager Large Growth ETF	1.6	85	-38	1.5	-4.2
IPKW	Invesco International BuyBack Achievers ETF	1.6	55	-8	9.3	+3.6
IGE	iShares North American Natural Resources ETF	1.6	46	1	4.3	-1.5
FENY	Fidelity MSCI Energy Index ETF	1.6	8	39	4.0	-1.8
VDE	Vanguard Energy Index Fund	1.6	10	37	3.9	-1.8
MLPX	Global X MLP & Energy Infrastructure ETF	1.6	45	2	3.7	-2.0
FTXN	First Trust Nasdaq Oil & Gas ETF	1.6	60	-13	2.0	-3.7
SCHM	Schwab U.S. Mid-Cap ETF	1.6	4	43	4.9	-0.8
IDMO	Invesco S&P International Developed Momentum ETF	1.6	25	22	3.6	-2.1
IMFL	Invesco International Developed Dynamic Multifactor ETF	1.6	34	13	7.6	+1.9
QLVE	FlexShares Emerging Markets Quality Low Volatility Index Fun	1.6	40	7	6.8	+1.0
IEHS	iShares Evolved U.S. Healthcare Staples ETF	1.6	18	29	4.8	-0.9
FLQM	Franklin LibertyQ U.S. Mid Cap Equity ETF	1.6	30	17	5.3	-0.4
JPEM	J.P. Morgan Diversified Return Emerging Markets Equity ETF	1.6	44	3	8.6	+2.9
DGRE	WisdomTree Emerging Markets Quality Dividend Growth Fund	1.6	32	15	10.2	+4.4
VFMF	Vanguard U.S. Multifactor ETF	1.6	19	28	7.2	+1.4
IYE	iShares U.S. Energy ETF	1.6	42	5	4.0	-1.7
IHF	iShares U.S. Healthcare Providers ETF	1.6	42	5	6.6	+0.9
IYH	iShares U.S. Healthcare ETF	1.6	43	4	6.0	+0.3
XHS	SPDR S&P Health Care Services ETF	1.6	35	12	4.4	-1.3
FXN	First Trust Energy AlphaDEX Fund	1.6	64	-17	3.2	-2.5
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde	1.5	70	-23	3.2	-2.6
VHT	Vanguard Health Care Index Fund	1.5	10	37	5.2	-0.5
FHLC	Fidelity MSCI Health Care Index ETF	1.5	8	39	5.2	-0.6
ECOZ	TrueMark ESG Active Opportunities ETF	1.5	58	-11	3.7	-2.1
DMDV	AAM S&P Developed Markets High Dividend Value ETF	1.5	39	8	9.8	+4.1
FSMD	Fidelity Small-Mid Factor ETF	1.5	29	18	6.5	+0.7
JHME	John Hancock Multifactor Energy ETF	1.5	40	7	3.6	-2.2
SFYF	SoFi 50 ETF	1.5	29	18	-1.3	-7.1
TTAI	TrimTabs All Cap International Free-Cash-Flow ETF	1.5	61	-14	4.4	-1.4
PWC	Invesco Dynamic Market ETF	1.5	58	-11	6.0	+0.3
GINN	Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	1.5	50	-3	2.8	-3.0
FXH	First Trust Health Care AlphaDEX Fund	1.4	61	-14	4.8	-1.0
FXR	First Trust Industrials/Producer Durables AlphaDEX Fund	1.4	64	-17	6.2	+0.4
SCHE	Schwab Emerging Markets Equity ETF	1.4	11	36	7.8	+2.1
RFEU	First Trust Riverfront Dynamic Europe ETF	1.4	83	-36	4.8	-1.0
DVLU	First Trust Dorsey Wright Momentum & Value ETF	1.4	60	-13	9.7	+4.0
QTUM	Defiance Quantum ETF	1.4	40	7	4.8	-1.0
JHMH	John Hancock Multifactor Healthcare ETF	1.4	40	7	5.6	-0.1
HEDJ	WisdomTree Europe Hedged Equity Fund	1.4	58	-11	5.4	-0.3
EEMX	SPDR MSCI Emerging Markets Fossil Fuel Free ETF	1.4	30	17	7.6	+1.8
DFAE	Dimensional Emerging Core Equity Market ETF	1.4	35	12	8.0	+2.3
PDN	Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF	1.4	49	-2	4.4	-1.3
RFDI	First Trust Riverfront Dynamic Developed International ETF	1.4	83	-36	5.2	-0.5
PBSM	Invesco PureBeta MSCI USA Small Cap ETF	1.4	6	41	4.1	-1.7
PKW	Invesco Buyback Achievers ETF	1.4	62	-15	7.6	+1.8
SPMO	Invesco S&P 500 Momentum ETF	1.4	13	34	3.8	-2.0
BFOR	Barron's 400 ETF	1.4	70	-23	6.0	+0.3
XLE	Energy Select Sector SPDR Fund	1.3	12	35	4.3	-1.5
RYE	Invesco S&P 500 Equal Weight Energy ETF	1.3	40	7	3.5	-2.3
SPMD	SPDR Portfolio Mid Cap ETF	1.3	5	42	5.8	+0.1
IJH	iShares Core S&P Mid-Cap ETF	1.3	5	42	5.8	+0.0
IVOO	Vanguard S&P Mid-Cap 400 ETF	1.3	10	37	5.7	-0.0
MDY	SPDR S&P Midcap 400 ETF Trust	1.3	23	24	5.6	-0.1
EWMC	Invesco S&P MidCap 400 Equal Weight ETF	1.3	40	7	5.6	-0.1
SMDY	Syntax Stratified MidCap ETF	1.3	35	12	5.2	-0.5
EEMA	iShares MSCI Emerging Markets Asia ETF	1.3	50	-3	7.4	+1.7
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	1.3	30	17	8.1	+2.4
SCZ	iShares MSCI EAFE Small-Cap ETF	1.3	40	7	5.2	-0.6
FNDC	Schwab Fundamental International Small Co. Index ETF	1.3	39	8	4.9	-0.8
EMXC	iShares MSCI Emerging Markets ex China ETF	1.3	25	22	7.4	+1.6
BBMC	JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	1.3	7	40	3.9	-1.9
QDIV	Global X S&P 500 Quality Dividend ETF	1.3	20	27	6.7	+1.0
AVEM	Avantis Emerging Markets Equity ETF	1.2	33	14	9.1	+3.4
XLV	Health Care Select Sector SPDR Fund	1.2	12	35	6.9	+1.1
RYH	Invesco S&P 500 Equal Weight Health Care ETF	1.2	40	7	5.9	+0.2
IXJ	iShares Global Healthcare ETF	1.2	46	1	6.0	+0.3
MDYG	SPDR S&P 400 Mid Cap Growth ETF	1.2	15	32	4.5	-1.2
IVOG	Vanguard S&P Mid-Cap 400 Growth ETF	1.2	15	32	4.5	-1.2
IJK	iShares S&P Mid-Cap 400 Growth ETF	1.2	17	30	4.5	-1.3
IECS	iShares Evolved U.S. Consumer Staples ETF	1.2	18	29	5.5	-0.2
LRGE	ClearBridge Large Cap Growth ESG ETF	1.2	59	-12	3.0	-2.8
SDGA	Impact Shares Sustainable Development Goals Global ETF	1.2	75	-28	5.5	-0.2
FNDA	Schwab Fundamental U.S. Small Co. Index ETF	1.2	25	22	5.1	-0.6
FLAX	Franklin FTSE Asia Ex Japan ETF	1.2	19	28	7.3	+1.6
PBEE	Invesco PureBeta FTSE Emerging Markets ETF	1.2	16	31	8.0	+2.3
AAXJ	iShares MSCI All Country Asia ex Japan ETF	1.2	70	-23	6.7	+1.0
SMMD	iShares Russell 2500 ETF	1.2	15	32	5.0	-0.8
TTAC	TrimTabs US Free Cash Flow Quality ETF	1.2	59	-12	5.3	-0.5
FNX	First Trust Mid Cap Core AlphaDEX Fund	1.2	60	-13	5.8	+0.0
EMXF	iShares ESG Advanced MSCI EM ETF	1.2	16	31	7.3	+1.6
EMIF	iShares Emerging Markets Infrastructure ETF	1.1	60	-13	8.0	+2.3
HEWC	iShares Currency Hedged MSCI Canada ETF	1.1	54	-7	6.2	+0.5
AVDR	AVDR US LargeCap Leading ETF	1.1	60	-13	5.4	-0.4
XJH	iShares ESG Screened S&P Mid-Cap ETF	1.1	12	35	5.9	+0.1
VWO	Vanguard FTSE Emerging Markets ETF	1.1	10	37	7.9	+2.1
ESML	iShares MSCI USA Small-Cap ESG Optimized ETF	1.1	17	30	4.0	-1.7
DBEM	Xtrackers MSCI Emerging Markets Hedged Equity ETF	1.1	66	-19	7.5	+1.7
EEM	iShares MSCI Emerging Markets ETF	1.1	70	-23	7.5	+1.7
FTHI	First Trust High Income ETF	1.1	85	-38	5.8	+0.1
FTLB	First Trust Hedged BuyWrite Income ETF	1.1	85	-38	5.8	+0.1
RWK	Invesco S&P MidCap 400 Revenue ETF	1.1	39	8	6.7	+1.0
THD	iShares MSCI Thailand ETF	1.1	59	-12	6.3	+0.5
SPEM	SPDR Portfolio Emerging Markets ETF	1.1	11	36	8.3	+2.5
IEMG	iShares Core MSCI Emerging Markets ETF	1.1	11	36	7.9	+2.1
SIXA	6 Meridian Mega Cap Equity ETF	1.0	86	-39	6.2	+0.5
RNMC	Mid Cap US Equity Select ETF	1.0	60	-13	6.4	+0.6
SHLD	Victoryshares Protect America ETF	1.0	60	-13	7.1	+1.4
DIA	SPDR Dow Jones Industrial Average ETF Trust	1.0	16	31	5.5	-0.3
ASEA	Global X Southeast Asia ETF	1.0	65	-18	8.1	+2.3
RNEM	First Trust Emerging Markets Equity Select ETF	1.0	75	-28	11.0	+5.2
GOAT	VanEck Vectors Morningstar Global Wide Moat ETF	1.0	52	-5	5.1	-0.7
CLOU	Global X Cloud Computing ETF	1.0	68	-21	0.7	-5.0
PSM	Principal U.S. Small-MidCap Multi-Factor Core Index ETF	1.0	20	27	0.0	-5.7
SDIV	Global X SuperDividend ETF	1.0	59	-12	15.4	+9.7
DTEC	ALPS Disruptive Technologies ETF	1.0	50	-3	2.8	-2.9
GMF	SPDR S&P Emerging Asia Pacific ETF	1.0	49	-2	7.1	+1.3
MDYV	SPDR S&P 400 Mid Cap Value ETF	1.0	15	32	6.9	+1.1
IVOV	Vanguard S&P Mid-Cap 400 Value ETF	1.0	15	32	6.9	+1.1
IJJ	iShares S&P Mid-Cap 400 Value ETF	1.0	18	29	6.8	+1.1
VBR	Vanguard Small Cap Value Index Fund	1.0	7	40	6.7	+0.9
PIN	Invesco India ETF	1.0	78	-31	4.0	-1.8
FLIN	Franklin FTSE India ETF	1.0	19	28	3.9	-1.9
INDA	iShares MSCI India ETF	1.0	69	-22	3.2	-2.5
RPG	Invesco S&P 500 Pure Growth ETF	1.0	35	12	3.1	-2.7
NUMV	Nuveen ESG Mid-Cap Value ETF	1.0	40	7	6.5	+0.8
SZNE	Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF	1.0	60	-13	5.9	+0.2
WNDY	Global X Wind Energy ETF	1.0	50	-3	6.7	+0.9
EDEN	iShares MSCI Denmark Capped ETF	1.0	53	-6	6.4	+0.7
GXF	Global X FTSE Nordic Region ETF	1.0	51	-4	6.2	+0.5
SFYX	Sofi Next 500 ETF	1.0	0	47	4.6	-1.2
RNRG	Global X Renewable Energy Producers ETF	1.0	65	-18	2.3	-3.4
MIDE	Xtrackers S&P MidCap 400 ESG ETF	1.0	15	32	6.0	+0.3
SCHC	Schwab International Small-Cap Equity ETF	1.0	11	36	5.1	-0.6
KOIN	Innovation Shares NextGen Protocol ETF	1.0	95	-48	4.0	-1.7
EELV	Invesco S&P Emerging Markets Low Volatility ETF	1.0	30	17	9.5	+3.8
BKF	iShares MSCI BRIC ETF	1.0	70	-23	8.6	+2.8
ISCB	iShares Morningstar Small-Cap ETF	1.0	4	43	3.2	-2.5
EEMO	Invesco S&P Emerging Markets Momentum ETF	0.9	31	16	4.5	-1.3
IUSS	Invesco Strategic US Small Company ETF	0.9	23	24	4.6	-1.1
QVMM	Invesco S&P MidCap 400 QVM Multi-factor ETF	0.9	15	32	6.0	+0.3
LDEM	iShares ESG MSCI EM Leaders ETF	0.9	16	31	8.2	+2.5
AMZA	InfraCap MLP ETF	0.9	201	-154	3.7	-2.1
JHEM	John Hancock Multifactor Emerging Markets ETF	0.9	49	-2	8.2	+2.5
VSS	Vanguard FTSE All-World ex-US Small-Cap ETF	0.9	11	36	5.4	-0.4
EMMF	WisdomTree Emerging Markets Multifactor Fund	0.9	48	-1	11.2	+5.5
SCHA	Schwab U.S. Small-Cap ETF	0.9	4	43	3.6	-2.1
FLLA	Franklin FTSE Latin America ETF	0.9	19	28	7.3	+1.6
ISEM	Invesco RAFI Strategic Emerging Markets ETF	0.8	35	12	12.3	+6.6
BKSE	BNY Mellon US Small Cap Core Equity ETF	0.8	4	43	4.2	-1.5
ACSG	Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF	0.8	16	31	7.4	+1.6
KMED	KraneShares Emerging Markets Healthcare Index ETF	0.8	79	-32	2.5	-3.2
ISCV	iShares Morningstar Small Cap Value ETF	0.8	6	41	5.8	+0.1
EMGF	iShares MSCI Emerging Markets Multifactor ETF	0.8	45	2	10.6	+4.8
PXH	Invesco FTSE RAFI Emerging Markets ETF	0.8	50	-3	13.0	+7.3
AFMC	First Trust Active Factor Mid Cap ETF	0.8	65	-18	6.5	+0.8
HSMV	First Trust Horizon Managed Volatility Small/Mid ETF	0.8	80	-33	5.1	-0.6
FIW	First Trust Water ETF	0.8	54	-7	3.0	-2.7
PHO	Invesco Water Resources ETF	0.8	60	-13	2.9	-2.8
TLTE	FlexShares Morningstar Emerging Markets Factor Tilt Index	0.8	59	-12	10.0	+4.3
EMSG	Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF	0.8	20	27	7.7	+2.0
EPI	WisdomTree India Earnings Fund	0.8	84	-37	5.8	+0.1
DON	WisdomTree U.S. MidCap Dividend Fund	0.8	38	9	6.8	+1.1
IEUS	iShares MSCI Europe Small-Cap ETF	0.8	40	7	4.9	-0.8
PBD	Invesco Global Clean Energy ETF	0.8	75	-28	0.1	-5.7
DEM	WisdomTree Emerging Markets High Dividend Fund	0.8	63	-16	14.0	+8.2
HEWG	iShares Currency Hedged MSCI Germany ETF	0.8	53	-6	6.3	+0.6
PAMC	Pacer Lunt MidCap Multi-Factor Alternator ETF	0.8	60	-13	4.2	-1.6
SPGP	Invesco S&P 500 GARP ETF	0.8	34	13	6.1	+0.4
DXJ	WisdomTree Japan Hedged Equity Fund	0.8	48	-1	7.4	+1.6
FNK	First Trust Mid Cap Value AlphaDEX Fund	0.8	70	-23	8.1	+2.4
META	Roundhill Ball Metaverse ETF	0.8	75	-28	3.0	-2.8
STLG	iShares Factors US Growth Style ETF	0.8	25	22	5.1	-0.6
IQDG	WisdomTree International Quality Dividend Growth Fund	0.7	42	5	6.6	+0.9
IWP	iShares Russell Mid-Cap Growth ETF	0.7	24	23	2.6	-3.1
RWO	SPDR Dow Jones Global Real Estate ETF	0.7	50	-3	5.2	-0.6
ROBT	First Trust Nasdaq Artificial Intelligence & Robotics ETF	0.7	65	-18	0.7	-5.0
ROAM	Hartford Multifactor Emerging Markets ETF	0.7	44	3	10.9	+5.2
FLCH	Franklin FTSE China ETF	0.7	19	28	9.8	+4.0
SLT	Pacer Salt High truBeta US Market ETF	0.7	60	-13	2.7	-3.0
MCHI	iShares MSCI China ETF	0.7	59	-12	9.2	+3.5
JEMA	JPMorgan Emerging Markets Equity Core ETF	0.7	39	8	7.4	+1.6
GXC	SPDR S&P China ETF	0.7	59	-12	9.2	+3.5
VBK	Vanguard Small-Cap Growth Index Fund	0.7	7	40	1.8	-3.9
EZM	WisdomTree U.S. MidCap Earnings Fund	0.7	38	9	7.8	+2.0
XSOE	WisdomTree Emerging Markets ex-State-Owned Enterprises Fund	0.7	32	15	7.7	+1.9
RWR	SPDR Dow Jones REIT ETF	0.7	25	22	5.4	-0.3
IHDG	WisdomTree International Hedged Quality Dividend Growth Fund	0.7	58	-11	6.3	+0.5
UEVM	VictoryShares USAA MSCI Emerging Markets Value Momentum ETF	0.7	45	2	14.1	+8.3
FNY	First Trust Mid Cap Growth AlphaDEX Fund	0.7	70	-23	1.9	-3.8
IMOM	Alpha Architect International Quantitative Momentum ETF	0.7	59	-12	5.5	-0.3
BLOK	Amplify Transformational Data Sharing ETF	0.7	70	-23	0.8	-5.0
JHSC	John Hancock Multifactor Small Cap ETF	0.7	42	5	5.0	-0.8
DFAS	Dimensional U.S. Small Cap ETF	0.6	34	13	5.1	-0.6
FNDE	Schwab Fundamental Emerging Markets Large Co. Index ETF	0.6	39	8	12.9	+7.1
GSEE	Goldman Sachs MarketBeta Emerging Markets Equity ETF	0.6	36	11	7.1	+1.3
AVDV	Avantis International Small Cap Value ETF	0.6	36	11	7.1	+1.4
BKEM	BNY Mellon Emerging Markets Equity ETF	0.6	11	36	7.6	+1.8
QQQJ	Invesco NASDAQ Next Gen 100 ETF	0.6	15	32	2.6	-3.2
ISCG	iShares Morningstar Small-Cap Growth ETF	0.6	6	41	0.5	-5.2
MFEM	PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF	0.6	49	-2	8.5	+2.8
ISVL	iShares International Developed Small Cap Value Factor ETF	0.6	30	17	7.3	+1.6
CEY	VictoryShares Emerging Market High Dividend Volatility Wtd E	0.6	51	-4	12.5	+6.7
FLMX	Franklin FTSE Mexico ETF	0.6	19	28	5.9	+0.2
EWW	iShares MSCI Mexico Capped ETF	0.6	51	-4	5.5	-0.2
FDG	American Century Focused Dynamic Growth ETF	0.6	45	2	2.0	-3.8
EWH	iShares MSCI Hong Kong ETF	0.6	51	-4	6.5	+0.8
ZHOK	SPDR Solactive Hong Kong ETF	0.6	14	33	0.0	-5.7
KALL	KraneShares MSCI All China Index ETF	0.6	49	-2	9.3	+3.5
AIEQ	AI Powered Equity ETF	0.6	80	-33	-0.4	-6.1
GWX	SPDR S&P International Small Cap ETF	0.6	40	7	5.0	-0.7
CN	Xtrackers MSCI All China Equity ETF	0.6	50	-3	9.4	+3.7
SPHB	Invesco S&P 500 High Beta ETF	0.6	25	22	3.3	-2.4
GEM	Goldman Sachs ActiveBeta Emerging Markets Equity ETF	0.5	45	2	8.3	+2.5
PRFZ	Invesco FTSE RAFI US 1500 Small-Mid ETF	0.5	39	8	4.0	-1.7
HEFA	iShares Currency Hedged MSCI EAFE ETF	0.5	35	12	6.0	+0.3
EMDV	ProShares MSCI Emerging Markets Dividend Growers ETF	0.5	61	-14	9.1	+3.4
BUZZ	VanEck Vectors Social Sentiment ETF	0.5	75	-28	0.0	-5.7
ESGE	iShares ESG Aware MSCI EM ETF	0.5	25	22	8.4	+2.6
XCEM	Columbia EM Core ex-China ETF	0.5	16	31	6.5	+0.8
FDEM	Fidelity Emerging Markets Multifactor ETF	0.5	45	2	10.8	+5.0
NUEM	Nuveen ESG Emerging Markets Equity ETF	0.5	45	2	6.8	+1.1
IXSE	WisdomTree India Ex-State-Owned Enterprises Fund	0.5	58	-11	2.6	-3.2
SCJ	iShares MSCI Japan Small-Cap ETF	0.5	51	-4	5.8	+0.0
KEMX	KraneShares MSCI Emerging Markets EX China Index ETF	0.5	25	22	7.8	+2.1
OBOR	KraneShares MSCI One Belt One Road Index ETF	0.5	79	-32	8.6	+2.8
FLHK	Franklin FTSE Hong Kong ETF	0.5	9	38	7.3	+1.5
QUAL	iShares MSCI Usa Quality Factor ETF	0.5	15	32	4.9	-0.9
ANEW	ProShares MSCI Transformational Changes ETF	0.5	45	2	2.8	-3.0
EWX	SPDR S&P Emerging Markets Small Cap ETF	0.5	65	-18	5.7	-0.1
VTWO	Vanguard Russell 2000 Index Fund	0.5	10	37	2.3	-3.4
IWM	iShares Russell 2000 ETF	0.5	19	28	2.2	-3.5
ISCF	iShares Edge MSCI Multifactor Intl Small-Cap ETF	0.5	40	7	7.1	+1.4
XMLV	Invesco S&P MidCap Low Volatility ETF	0.5	25	22	5.3	-0.4
ENZL	iShares MSCI New Zealand Capped ETF	0.5	51	-4	2.9	-2.9
IVES	Wedbush ETFMG Global Cloud Technology ETF	0.5	68	-21	1.9	-3.9
JOET	Virtus Terranova US Quality Momentum ETF	0.4	29	18	4.4	-1.3
QQQN	VictoryShares Nasdaq Next 50 ETF	0.4	18	29	2.3	-3.4
XITK	SPDR FactSet Innovative Technology ETF	0.4	45	2	0.1	-5.7
IDOG	ALPS International Sector Dividend Dogs ETF	0.4	50	-3	8.5	+2.8
HJEN	Direxion Hydrogen ETF	0.4	45	2	-0.3	-6.0
GSSC	Goldman Sachs Activebeta U.S. Small Cap Equity ETF	0.4	20	27	4.4	-1.4
CHII	Global X MSCI China Industrials ETF	0.4	66	-19	11.1	+5.3
DVYE	iShares Emerging Markets Dividend ETF	0.4	49	-2	15.5	+9.8
EDIV	SPDR S&P Emerging Markets Dividend ETF	0.4	49	-2	14.2	+8.4
EPHE	iShares MSCI Philippines ETF	0.4	59	-12	6.9	+1.2
JPSE	JPMorgan Diversified Return U.S. Small Cap Equity ETF	0.4	29	18	5.2	-0.5
IWN	iShares Russell 2000 Value ETF	0.4	24	23	4.0	-1.7
VTWV	Vanguard Russell 2000 Value Index Fund	0.4	15	32	4.1	-1.6
FPA	First Trust Asia Pacific ex-Japan AlphaDEX Fund	0.4	80	-33	9.1	+3.4
MTUM	iShares MSCI USA Momentum Factor ETF	0.4	15	32	4.2	-1.5
EEMS	iShares MSCI Emerging Markets Small Cap ETF	0.4	70	-23	6.1	+0.4
SMMV	iShares Edge MSCI Min Vol USA Small-Cap ETF	0.4	20	27	3.7	-2.0
NFTY	First Trust India NIFTY 50 Equal Weight ETF	0.4	80	-33	4.9	-0.9
INDY	iShares India 50 ETF	0.4	93	-46	3.5	-2.2
EUSC	WisdomTree Europe Hedged SmallCap Equity Fund	0.4	58	-11	7.0	+1.3
EWUS	iShares MSCI United Kingdom Small Cap ETF	0.4	59	-12	5.2	-0.6
AVUV	Avantis U.S. Small Cap Value ETF	0.4	25	22	6.9	+1.1
JSMD	Janus Henderson Small/Mid Cap Growth Alpha ETF	0.4	30	17	5.3	-0.4
XMMO	Invesco S&P MidCap Momentum ETF	0.4	34	13	3.8	-1.9
CHIU	Global X MSCI China Utilities ETF	0.4	66	-19	7.8	+2.0
HEWJ	iShares Currency Hedged MSCI Japan ETF	0.4	51	-4	6.0	+0.3
SMEZ	SPDR EURO STOXX Small Cap ETF	0.4	45	2	0.0	-5.7
FRDM	Freedom 100 Emerging Markets ETF	0.4	49	-2	6.4	+0.6
SYLD	Cambria Shareholder Yield ETF	0.3	59	-12	8.3	+2.6
KESG	KraneShares MSCI China ESG Leaders Index ETF	0.3	59	-12	10.1	+4.3
KLDW	Gavekal Knowledge Leaders Developed World ETF	0.3	75	-28	3.8	-2.0
USVM	VictoryShares USAA MSCI USA Small Cap Value Momentum ETF	0.3	24	23	6.2	+0.5
ISMD	Inspire Small/Mid Cap Impact ETF	0.3	57	-10	4.8	-1.0
IETC	iShares Evolved U.S. Technology ETF	0.3	18	29	3.8	-2.0
EWM	iShares MSCI Malaysia ETF	0.3	51	-4	8.9	+3.2
FM	iShares MSCI Frontier and Select EM ETF	0.3	79	-32	7.9	+2.2
BBSC	JPMorgan BetaBuilders U.S. Small Cap Equity ETF	0.3	9	38	3.5	-2.2
FEMS	First Trust Emerging Markets Small Cap Alphadex Fund	0.3	80	-33	15.3	+9.6
DDLS	WisdomTree Dynamic Currency Hedged International SmallCap Eq	0.3	48	-1	8.1	+2.3
KOL	VanEck Vectors Coal ETF	0.3	60	-13	0.0	-5.7
OSCV	Opus Small Cap Value Plus ETF	0.3	79	-32	4.2	-1.6
FEM	First Trust Emerging Markets AlphaDEX Fund	0.3	80	-33	13.7	+8.0
DLS	WisdomTree International SmallCap Dividend Fund	0.3	58	-11	7.9	+2.2
DFAT	Dimensional U.S. Targeted Value ETF	0.3	34	13	6.5	+0.7
FLSW	Franklin FTSE Switzerland ETF	0.3	9	38	4.9	-0.8
EWL	iShares MSCI Switzerland ETF	0.3	51	-4	4.5	-1.3
BLCN	Siren ETF Trust Siren Nasdaq NexGen Economy ETF	0.3	68	-21	4.4	-1.4
FSZ	First Trust Switzerland AlphaDEX Fund	0.3	80	-33	4.2	-1.6
IVAL	Alpha Architect International Quantitative Value ETF	0.3	59	-12	9.4	+3.7
QMOM	Alpha Architect U.S. Quantitative Momentum ETF	0.3	49	-2	3.7	-2.1
RESE	WisdomTree Emerging Markets ESG Fund	0.3	32	15	8.0	+2.3
FLQS	Franklin LibertyQ U.S. Small Cap Equity ETF	0.3	35	12	5.2	-0.5
NUSC	Nuveen ESG Small-Cap ETF	0.3	40	7	3.9	-1.8
HIPR	Direxion High Growth ETF	0.3	40	7	3.6	-2.1
SKYY	First Trust Cloud Computing ETF	0.3	60	-13	2.2	-3.6
KGRN	KraneShares MSCI China Environment Index ETF	0.3	80	-33	6.8	+1.1
QVAL	Alpha Architect U.S. Quantitative Value ETF	0.3	49	-2	8.5	+2.8
SMLF	iShares Edge MSCI Multifactor USA Small-Cap ETF	0.3	30	17	6.6	+0.8
SMLV	SPDR SSGA US Small Cap Low Volatility Index ETF	0.3	12	35	5.7	-0.0
NUMG	Nuveen ESG Mid-Cap Growth ETF	0.3	40	7	2.4	-3.4
RNSC	Small Cap US Equity Select ETF	0.3	60	-13	6.3	+0.6
VTWG	Vanguard Russell 2000 Growth Index Fund	0.2	15	32	0.4	-5.4
IWO	iShares Russell 2000 Growth ETF	0.2	24	23	0.3	-5.5
GBGR	Global Beta Momentum-Growth ETF	0.2	29	18	3.3	-2.4
FLBR	Franklin FTSE Brazil ETF	0.2	19	28	8.0	+2.3
EWZ	iShares MSCI Brazil Capped ETF	0.2	59	-12	6.7	+1.0
PQSV	PGIM QMA Strategic Alpha Small-Cap Value ETF	0.2	29	18	1.6	-4.1
EWN	iShares MSCI Netherlands ETF	0.2	51	-4	3.7	-2.0
IYW	iShares U.S. Technology ETF	0.2	43	4	3.8	-1.9
PQSG	PGIM QMA Strategic Alpha Small-Cap Growth ETF	0.2	29	18	2.2	-3.5
KOMP	SPDR Kensho New Economies Composite ETF	0.2	20	27	1.6	-4.1
RFG	Invesco S&P Midcap 400 Pure Growth ETF	0.2	35	12	4.1	-1.6
CSA	VictoryShares US Small Cap Volatility Weighted Index ETF	0.2	35	12	6.5	+0.7
CSF	VictoryShares US Discovery Enhanced Volatility Weighted Idx	0.2	35	12	6.4	+0.7
TPSC	Timothy Plan US Small Cap Core ETF	0.2	52	-5	6.1	+0.4
FYC	First Trust Small Cap Growth AlphaDEX Fund	0.2	71	-24	2.0	-3.7
ECON	Columbia Emerging Markets Consumer ETF	0.2	59	-12	5.0	-0.8
PTH	Invesco DWA Healthcare Momentum ETF	0.2	60	-13	-1.2	-7.0
CSML	IQ Chaikin U.S. Small Cap ETF	0.2	35	12	2.5	-3.2
IRBO	iShares Robotics and Artificial Intelligence Multisector ETF	0.2	47	0	0.8	-4.9
EUDV	ProShares MSCI Europe Dividend Growers ETF	0.2	56	-9	4.7	-1.0
FLZA	Franklin FTSE South Africa ETF	0.2	19	28	10.6	+4.8
AFK	VanEck Vectors Africa Index ETF	0.2	79	-32	8.6	+2.9
FYX	First Trust Small Cap Core AlphaDEX Fund	0.2	63	-16	5.9	+0.2
XMVM	Invesco S&P MidCap Value with Momentum ETF	0.2	39	8	8.9	+3.2
NVQ	QRAFT AI-Enhanced US Next Value ETF	0.2	75	-28	8.2	+2.5
PBS	Invesco Dynamic Media ETF	0.2	63	-16	-5.4	-11.1
IJS	iShares S&P Small-cap 600 Value ETF	0.2	18	29	7.0	+1.2
SLYV	SPDR S&P 600 Small Cap Value ETF	0.2	15	32	7.0	+1.2
VIOV	Vanguard S&P Small-Cap 600 Value ETF	0.2	15	32	6.9	+1.1
SPSM	SPDR Portfolio S&P 600 Small Cap ETF	0.2	5	42	6.0	+0.3
IJR	iShares Core S&P Small Cap ETF	0.2	6	41	6.0	+0.3
QVMS	Invesco S&P SmallCap 600 QVM Multi-factor ETF	0.2	15	32	6.0	+0.3
SLY	SPDR S&P 600 Small Cap ETF	0.2	15	32	6.0	+0.2
VIOO	Vanguard S&P Small-Cap 600 ETF	0.2	10	37	5.9	+0.2
EWSC	Invesco S&P Smallcap 600 Equal Weight ETF	0.2	40	7	5.3	-0.4
SSLY	Syntax Stratified SmallCap ETF	0.2	40	7	5.0	-0.7
OUSM	O'Shares FTSE Russell Small Cap Quality Dividend ETF	0.2	48	-1	6.0	+0.2
IEO	iShares U.S. Oil & Gas Exploration & Production ETF	0.2	42	5	3.9	-1.8
PXI	Invesco DWA Energy Momentum ETF	0.2	60	-13	0.6	-5.2
SDVY	First Trust SMID Cap Rising Dividend Achievers ETF	0.2	60	-13	7.2	+1.5
RSX	VanEck Vectors Russia ETF	0.2	67	-20	23.9	+18.2
FLRU	Franklin FTSE Russia ETF	0.2	19	28	17.2	+11.5
REGL	ProShares S&P MidCap 400 Dividend Aristocrats ETF	0.2	41	6	5.7	-0.0
CTEC	Global X CleanTech ETF	0.2	50	-3	2.9	-2.8
OMFS	Invesco Russell 2000 Dynamic Multifactor ETF	0.2	39	8	4.7	-1.0
RWJ	Invesco S&P SmallCap 600 Revenue ETF	0.2	39	8	6.6	+0.8
SMDV	ProShares Russell 2000 Dividend Growers ETF	0.2	41	6	6.0	+0.3
EWGS	iShares MSCI Germany Small Cap ETF	0.1	59	-12	4.9	-0.9
MIDF	iShares Edge MSCI Multifactor USA Mid-Cap ETF	0.1	25	22	7.0	+1.3
DES	WisdomTree U.S. SmallCap Dividend Fund	0.1	38	9	6.8	+1.1
PSC	Principal U.S. Small Cap Index ETF	0.1	38	9	5.2	-0.6
DWAS	Invesco DWA SmallCap Momentum ETF	0.1	60	-13	0.9	-4.8
XJR	iShares ESG Screened S&P Small-Cap ETF	0.1	12	35	5.7	0.0
SLYG	SPDR S&P 600 Small Cap Growth ETF	0.1	15	32	5.0	-0.8
IJT	iShares S&P Small-Cap 600 Growth ETF	0.1	18	29	5.0	-0.8
VIOG	Vanguard S&P Small-Cap 600 Growth ETF	0.1	16	31	4.9	-0.9
FDTS	First Trust Developed Markets ex-US Small Cap AlphaDEX Fund	0.1	80	-33	7.6	+1.8
AIRR	First Trust RBA American Industrial Renaissance ETF	0.1	70	-23	5.2	-0.5
DVYA	iShares Asia/Pacific Dividend ETF	0.1	49	-2	11.8	+6.1
ILF	iShares Latin America 40 ETF	0.1	48	-1	6.3	+0.6
PSCU	Invesco S&P SmallCap Utilities ETF	0.1	29	18	3.1	-2.7
HEWU	iShares Currency Hedged MSCI United Kingdom ETF	0.1	51	-4	7.0	+1.2
FCA	First Trust China AlphaDEX Fund	0.1	80	-33	16.6	+10.8
FXI	iShares China Large-Cap ETF	0.1	74	-27	12.5	+6.8
CHIC	Global X MSCI China Communication Services ETF	0.1	65	-18	2.8	-3.0
RFV	Invesco S&P Midcap 400 Pure Value ETF	0.1	35	12	9.0	+3.2
DFJ	WisdomTree Japan SmallCap Dividend Fund	0.1	58	-11	8.0	+2.3
DXJS	WisdomTree Japan Hedged SmallCap Equity Fund	0.1	58	-11	8.0	+2.2
BMED	BlackRock Future Health ETF	0.1	85	-38	-0.2	-5.9
FBZ	First Trust Brazil AlphaDEX Fund	0.1	80	-33	10.9	+5.1
FLN	First Trust Latin America AlphaDEX Fund	0.1	80	-33	8.1	+2.3
DGRS	WisdomTree US SmallCap Quality Dividend Growth Fund	0.1	38	9	7.5	+1.7
EES	WisdomTree SmallCap Earnings Fund	0.1	38	9	8.1	+2.3
KONG	Formidable Fortress ETF	0.1	89	-42	4.3	-1.5
SMIN	iShares MSCI India Small Cap ETF	0.1	81	-34	2.0	-3.7
VIRS	Pacer BioThreat Strategy ETF	0.1	70	-23	5.0	-0.7
XSHD	Invesco S&P SmallCap High Dividend Low Volatility ETF	0.1	30	17	9.5	+3.8
XSLV	Invesco S&P SmallCap Low Volatility ETF	0.1	25	22	6.1	+0.3
LSAT	Leadershares Alphafactor Tactical Focused ETF	0.1	99	-52	7.7	+1.9
DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	0.1	63	-16	10.6	+4.9
ATEC-AU	BetaShares S&P/ASX Australian Technology ETF	0.1	48	-1	0.9	-4.9
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	0.1	70	-23	12.1	+6.4
GREK	Global X FTSE Greece 20 ETF	0.1	58	-11	-9.7	-15.5
EDOG	ALPS Emerging Sector Dividend Dogs ETF	0.1	60	-13	8.8	+3.0
FPXE	First Trust IPOX Europe Equity Opportunities ETF	0.1	70	-23	3.2	-2.5
VFQY	Vanguard U.S. Quality Factor ETF	0.1	13	34	5.3	-0.5
CSB	VictoryShares US Small Cap High Dividend Volatility Wtd Idx	0.1	35	12	7.2	+1.4
KSCD	KFA Small Cap Quality Dividend Index ETF	0.1	51	-4	5.9	+0.1
EWO	iShares MSCI Austria ETF	0.1	51	-4	7.2	+1.4
NIFE	Direxion Fallen Knives ETF	0.1	50	-3	4.1	-1.6
FDN	First Trust Dow Jones Internet Index Fund	0.1	51	-4	1.9	-3.8
PNQI	Invesco NASDAQ Internet ETF	0.1	60	-13	1.5	-4.2
WCBR	WisdomTree Cybersecurity Fund	0.1	45	2	0.8	-4.9
XWEB	SPDR S&P Internet ETF	0.1	35	12	-0.6	-6.4
GIGE	SoFi Gig Economy ETF	0.1	59	-12	-0.7	-6.4
WCLD	WisdomTree Cloud Computing Fund	0.1	45	2	-1.1	-6.9
EWZS	iShares MSCI Brazil Small-Cap ETF	0.1	59	-12	7.1	+1.4
ROSC	Hartford Multifactor Small Cap ETF	0.1	34	13	7.2	+1.5
PY	Principal Shareholder Yield Index ETF	0.1	15	32	8.4	+2.7
FYT	First Trust Small Cap Value AlphaDEX Fund	0.1	72	-25	8.2	+2.5
CSD	Invesco S&P Spin-Off ETF	0.1	62	-15	4.0	-1.8
LCG	Sterling Capital Focus Equity ETF	0.1	59	-12	2.2	-3.5
DRW	WisdomTree Global ex-US Real Estate Fund	0.0	58	-11	9.7	+3.9
VNQI	Vanguard Global ex-U.S. Real Estate ETF	0.0	12	35	8.8	+3.1
IDX	VanEck Vectors Indonesia Index ETF	0.0	57	-10	7.7	+1.9
HAUZ	Xtrackers International Real Estate ETF	0.0	10	37	7.5	+1.7
SIXS	6 Meridian Small Cap Equity ETF	0.0	100	-53	7.4	+1.7
WPS	iShares International Developed Property ETF	0.0	48	-1	6.3	+0.6
IFGL	iShares International Developed Real Estate ETF	0.0	48	-1	6.3	+0.6
RWX	SPDR Dow Jones International Real Estate ETF	0.0	59	-12	5.4	-0.4
EWK	iShares MSCI Belgium Capped ETF	0.0	51	-4	6.5	+0.8
ACES	ALPS Clean Energy ETF	0.0	55	-8	0.6	-5.2
VGT	Vanguard Information Technology Index Fund	0.0	10	37	4.3	-1.5
FTEC	Fidelity MSCI Information Technology Index ETF	0.0	8	39	4.3	-1.5
HEEM	iShares Currency Hedged MSCI Emerging Markets ETF	0.0	70	-23	7.4	+1.7
PSCI	Invesco S&P SmallCap Industrials ETF	0.0	29	18	5.6	-0.1
ECH	iShares MSCI Chile ETF	0.0	59	-12	8.8	+3.1
RZV	Invesco S&P Smallcap 600 Pure Value ETF	0.0	35	12	6.9	+1.2
AFSM	First Trust Active Factor Small Cap ETF	0.0	77	-30	5.6	-0.1
BRF	VanEck Vectors Brazil Small-Cap ETF	0.0	63	-16	4.9	-0.9
IGM	iShares Expanded Tech Sector ETF	0.0	46	1	3.6	-2.1
FEDX	Emles Federal Contractors ETF	0.0	60	-13	10.6	+4.9
CALF	Pacer US Small Cap Cash Cows 100 ETF	0.0	59	-12	9.4	+3.7
PSCF	Invesco S&P SmallCap Financials ETF	0.0	29	18	8.7	+3.0
DEEP	Roundhill Acquirers Deep Value ETF	0.0	80	-33	8.6	+2.8
FDM	First Trust Dow Jones Select Microcap Index Fund	0.0	60	-13	5.6	-0.2
IWC	iShares Micro-Cap ETF	0.0	60	-13	-8.9	-14.7
HSCZ	iShares Currency Hedged MSCI EAFE Small-Cap ETF	0.0	43	4	5.1	-0.7

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

	2016	2017	2018	2019	2020	2021E	2022E
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

	2020	2021E	2022E
Price-to-sales	**	**	**
Price-to-earnings	**	**	**
Price-to-cash flow	**	**	**
Price-to-growth	**	**	**
Price-to-book value	**	**	**
Yield	**	**	**

Historical valuation trends

Forward multiple:	FlexShares STOXX Global Broad Infrastructure Index Fund
Relative to:	S&P500	MSCI EAFE	MSCI Emg. Mkts.	Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™

Calculation of ALTAR Score™
Avg. Return on Equity	12.7	%
Divided by: Fwd. P/BV	2.0	x
Less: Expense ratio	47	bp
Equals: ALTAR Score	5.7	%

More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS

COMPOSITE RATING	1.52	CATEGORY AVERAGE	1.46

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.