ETF Research Center

Rayliant Quantitative Developed Market Equity ETF

ALTAR
Score™

3.7%

Recommen-
dation

AVOID

2025E 2026E
P/E ratio	23.8x	P/Sales ratio	2.6x
P/BV ratio	6.1x	Div. yield	1.1%

Description
Performance
Comps
Fundamentals
Valuation
Rating

RAYD is an actively managed portfolio of developed market equities that are selected and weighted with the aid of quantitative data models.

FUND BASICS
Category	International Equities
Fund Sponsor	Rayliant Investment Research
Website	funds.rayliant.com/rayd.html
Inception date	Dec 16, 2021
Assets (mns)	$106
Currency	USD
Expense ratio	80 bp
Distributions	Annually

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

SECTOR BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	111
Wgt avg mkt cap (mns)	$1,238,250
Large cap (>$10bn)	89.2%
Mid cap ($2-10bn)	9.6%
Small cap (<$2bn)	0.8%
Developed mkts	98.2%
Emerging mkts	1.8%

TOP TEN HOLDINGS
Total	38.5 %
APPLE INC	8.9 %
NVIDIA CORP	6.4 %
MICROSOFT CORP	4.4 %
META PLATFORMS INC	3.4 %
AMAZON.COM INC	3.2 %
ALPHABET INC. CLASS C	2.7 %
MASTERCARD INCORPORATED CLASS A	2.5 %
GE VERONA	2.4 %
KLA CORPORATION	2.4 %
GILEAD SCIENCES INC	2.3 %

TOP COUNTRY EXPOSURE
	UNITED STATES	97.1 %
	IRELAND	1.0 %
	AUSTRALIA	0.5 %

HISTORICAL PERFORMANCE info

	Custom date range	Compare to
	thru

Standardized Annual Returns (thru December 31)
Year-to-date	1 year	5 years	10 years	Since Incep.
5.0%	5.0%	--	--	8.3%

Market Correlations
versus...	Beta	R-squared
S&P500	0.85	52%
MSCI EAFE	0.87	39%
MSCI Emg. Mkts.	0.77	34%

Technical Indicators
Recent close	$33.05
30d moving avg.	$37.48
Annualized volatility	11.3%
Short interest (ETF)	0.1%
Relative strength (RSI)	34

Liquidity measures
Avg. volume (thou.)	9
Turnover	0.3%
Bid/Ask (% of price)	7.30%
ADV underlying (mns)	$72,299

Distributions

FINDING ALTERNATIVE FUNDS

Below is a list of 1050 potential alternatives to the Rayliant Quantitative Developed Market Equity ETF ETF based on the alternatives' overlap in portfolio holdings with RAYD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker:

RAYD

Expense:

80 bp

ALTAR Score™:

3.7%

ALTERNATIVE ETFs BASED ON OVERLAP WITH RAYD
Ticker	Fund Name	Overlap¹ vs RAYD (%)	Expense ratio (bp)	Savings vs RAYD (bp)	ALTAR Score™ (%)	ALTAR vs RAYD (%)
GGUS	Marketbeta Russell 1000 Growth Equity ETF	47.6	12	68	3.4	-0.3
LGDX	Intech S&P Large Cap Diversified Alpha ETF	47.3	25	55	4.2	+0.5
FELC	Fidelity Enhanced Large Cap Core ETF	47.2	18	62	4.5	+0.8
INRO	iShares U.S. Industry Rotation Active ETF	47.2	42	38	3.7	+0.0
MGC	Vanguard Mega Cap ETF	47.2	7	73	4.0	+0.3
FLQL	Franklin LibertyQ U.S. Equity ETF	47.1	15	65	4.6	+1.0
LRGF	iShares U.S. Equity Factor ETF	47.0	8	72	4.7	+1.1
JGRO	JPMorgan Active Growth ETF	46.8	44	36	2.4	-1.3
OEI	Optimized Equity Income ETF	46.8	75	5	3.4	-0.3
OEF	iShares S&P 100 ETF	46.7	20	60	3.9	+0.3
IWY	iShares Russell Top 200 Growth ETF	46.7	20	60	3.6	-0.1
IWL	iShares Russell Top 200 ETF	46.6	15	65	4.0	+0.3
VONG	Vanguard Russell 1000 Growth ETF	46.6	7	73	3.5	-0.1
IWF	iShares Russell 1000 Growth ETF	46.6	19	61	3.4	-0.3
SPXN	ProShares S&P 500 Ex-Financials ETF	46.5	9	71	4.1	+0.4
VV	Vanguard Large-Cap ETF	45.7	4	76	4.2	+0.5
GSUS	Goldman Sachs MarketBeta U.S. Equity ETF	45.6	7	73	4.2	+0.5
DYNF	BlackRock U.S. Equity Factor Rotation ETF	45.5	30	50	3.9	+0.2
FELG	Fidelity Enhanced Large Cap Growth ETF	45.4	18	62	3.3	-0.4
BBUS	JP Morgan Betabuilders U.S. Equity ETF	45.3	2	78	4.3	+0.6
QLC	FlexShares US Quality Large Cap Index Fund	45.3	25	55	4.6	+1.0
VSLU	Applied Finance Valuation Large Cap ETF	45.3	49	31	4.8	+1.1
GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	45.2	9	71	4.4	+0.7
VOTE	TCW Transform 500 ETF	45.2	5	75	4.2	+0.5
BKLC	BNY Mellon US Large Cap Core Equity ETF	45.0	0	80	4.3	+0.6
GQQQ	Astoria US Quality Growth Kings ETF	45.0	35	45	3.5	-0.2
STRV	Strive 500 ETF	45.0	5	75	4.2	+0.5
VOO	Vanguard S&P 500 ETF	44.9	3	77	4.3	+0.6
GXLC	Global X U.S. 500 ETF	44.9	2	78	4.2	+0.5
PBUS	Invesco MSCI USA ETF	44.9	4	76	4.3	+0.6
ENHU	iShares Enhanced Large Cap Core Active ETF	44.8	22	58	4.2	+0.5
SPXE	ProShares S&P 500 Ex-Energy ETF	44.8	9	71	4.1	+0.5
IVV	iShares Core S&P 500 ETF	44.8	3	77	4.3	+0.6
ILCB	iShares Morningstar U.S. Equity ETF	44.8	3	77	4.2	+0.5
SPYM	State Street SPDR Portfolio S&P 500 ETF	44.7	2	78	4.3	+0.6
SPY	SPDR S&P 500 ETF	44.7	9	71	4.3	+0.6
USNZ	Xtrackers Net Zero Pathway Paris Aligned US Equity ETF	44.7	10	70	4.4	+0.7
SPXV	ProShares S&P 500 Ex-Health Care ETF	44.6	9	71	4.0	+0.4
AVUQ	Avantis U.S. Quality ETF	44.5	15	65	3.6	-0.1
ESGU	iShares ESG Aware MSCI USA ETF	44.3	15	65	4.3	+0.6
SPYX	State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF	44.2	20	60	4.1	+0.4
LCTU	BlackRock U.S. Carbon Transition Readiness ETF	44.1	14	66	4.2	+0.6
JUST	Goldman Sachs JUST U.S. Large Cap Equity ETF	43.9	20	60	4.3	+0.7
STXG	Strive 1000 Growth ETF	43.7	18	62	3.3	-0.4
LCOW	Pacer S&P 500 Quality FCF Aristocrats ETF	43.7	49	31	5.0	+1.3
XLG	Invesco S&P 500 Top 50 ETF	43.6	20	60	3.7	-0.0
APUE	ActivePassive U.S. Equity ETF	43.6	45	35	4.0	+0.4
KLMN	Invesco MSCI North America Climate ETF	43.6	9	71	4.4	+0.7
MGK	Vanguard Mega Cap Growth ETF	43.5	7	73	3.4	-0.3
VOOG	Vanguard S&P 500 Growth ETF	43.5	7	73	3.1	-0.5
QVML	Invesco S&P 500 QVM Multi-factor ETF	43.4	11	69	4.4	+0.8
GUSA	Goldman Sachs MarketBeta U.S. 1000 Equity ETF	43.3	11	69	4.2	+0.6
VUG	Vanguard Growth ETF	43.3	4	76	3.4	-0.3
IVW	iShares S&P 500 Growth ETF	43.3	18	62	3.0	-0.6
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	43.3	4	76	3.2	-0.5
QDF	FlexShares Quality Dividend Index Fund	43.2	37	43	5.4	+1.7
VONE	Vanguard Russell 1000 ETF	43.1	7	73	4.3	+0.6
IYY	iShares Dow Jones U.S. ETF	43.1	20	60	4.2	+0.5
CHRI	Global X S&P 500 Christian Values ETF	43.1	29	51	4.0	+0.4
CATH	Global X S&P 500 Catholic Values Custom ETF	43.0	29	51	4.1	+0.4
SCHX	Schwab U.S. Large-Cap ETF	43.0	3	77	4.4	+0.7
SCHG	Schwab U.S. Large-Cap Growth ETF	43.0	4	76	3.4	-0.3
XVV	iShares ESG Screened S&P 500 ETF	43.0	8	72	4.2	+0.5
IWB	iShares Russell 1000 ETF	42.9	15	65	4.2	+0.6
DFUS	Dimensional U.S. Equity ETF	42.8	9	71	4.2	+0.5
QRFT	Qraft Ai-Enhanced U.S. Large Cap ETF	42.8	75	5	3.3	-0.4
AIEQ	AI Powered Equity ETF	42.6	75	5	3.7	+0.1
SPTM	State Street SPDR Portfolio S&P 1500 Composite Stock Market	42.6	3	77	4.5	+0.8
SFY	SoFi Select 500 ETF	42.5	0	80	3.9	+0.2
SEIQ	SEI Enhanced U.S. Large Cap Quality Factor ETF	42.5	15	65	6.9	+3.2
PRXG	Praxis Impact Large Cap Growth ETF	42.4	36	44	3.2	-0.5
MODL	VictoryShares WestEnd U.S. Sector ETF	42.3	42	38	4.1	+0.4
TOV	JLens 500 Jewish Advocacy U.S. ETF	42.3	18	62	4.0	+0.3
IUSG	iShares Core S&P U.S. Growth ETF	42.3	4	76	3.2	-0.5
ILCG	iShares Morningstar Growth ETF	42.2	4	76	3.1	-0.5
SCHK	Schwab 1000 Index ETF	42.2	5	75	4.3	+0.7
EPS	WisdomTree U.S. LargeCap Fund	42.2	8	72	4.9	+1.2
VTI	Vanguard Total Stock Market ETF	42.1	3	77	4.2	+0.5
ADME	Aptus Drawdown Managed Equity ETF	42.1	79	1	3.4	-0.3
RND	First Trust Bloomberg R&D Leaders ETF	41.9	60	20	2.5	-1.2
SNPE	Xtrackers S&P 500 ESG ETF	41.8	10	70	4.4	+0.7
ITOT	iShares Core S&P Total U.S. Stock Market ETF	41.8	3	77	4.2	+0.6
GQI	Natixis Gateway Quality Income ETF	41.7	34	46	4.3	+0.7
VTHR	Vanguard Russell 3000 ETF	41.7	7	73	4.2	+0.5
RAUS	RACWI US ETF	41.7	15	65	4.3	+0.6
IWV	iShares Russell 3000 ETF	41.7	20	60	4.1	+0.4
RECS	Columbia Research Enhanced Core ETF	41.7	15	65	5.4	+1.7
HDUS	Hartford Disciplined US Equity ETF	41.6	19	61	4.8	+1.2
TOPT	iShares Top 20 U.S. Stocks ETF	41.5	20	60	3.3	-0.4
TMFC	Motley Fool 100 Index ETF	41.5	50	30	3.1	-0.6
SGLC	SGI U.S. Large Cap Core ETF	41.3	85	-5	3.8	+0.1
DFAU	Dimensional US Core Equity Market ETF	41.3	12	68	4.4	+0.7
SCHB	Schwab U.S. Broad Market ETF	41.2	3	77	4.3	+0.6
ESGV	Vanguard ESG U.S. Stock ETF	41.2	9	71	4.3	+0.6
QQQ	Invesco QQQ Trust Series I	41.2	20	60	3.5	-0.2
QQQM	Invesco NASDAQ 100 ETF	41.2	15	65	3.5	-0.2
FLRG	Fidelity U.S. Multifactor ETF	41.1	15	65	5.9	+2.2
THRO	iShares U.S. Thematic Rotation Active ETF	41.0	90	-10	3.3	-0.4
QARP	Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	40.9	19	61	5.0	+1.4
EGUS	iShares ESG Aware MSCI USA Growth ETF	40.8	18	62	3.1	-0.6
FQAL	Fidelity Quality Factor ETF	40.8	15	65	4.7	+1.0
RVRB	Reverb ETF	40.7	30	50	4.0	+0.3
STOX	Horizon Core Equity ETF	40.6	70	10	3.6	-0.0
DUHP	Dimensional US High Profitability ETF	40.5	21	59	5.0	+1.3
SFTY	Horizon Managed Risk ETF	40.5	77	3	3.5	-0.1
AVUS	Avantis U.S. Equity ETF	40.5	15	65	4.9	+1.2
QTOP	iShares Nasdaq Top 30 Stocks ETF	40.4	20	60	3.0	-0.6
NZUS	State Street SPDR MSCI USA Climate Paris Aligned ETF	40.4	10	70	3.9	+0.2
MMTM	State Street SPDR S&P 1500 Momentum Tilt ETF	40.4	12	68	3.6	-0.0
QGRW	WisdomTree U.S. Quality Growth Fund	40.1	28	52	2.9	-0.7
FDMO	Fidelity Momentum Factor ETF	40.0	15	65	2.6	-1.1
LCDS	JPMorgan Fundamental Data Science Large Core ETF	39.8	30	50	4.1	+0.4
SNPG	Xtrackers S&P 500 Growth ESG ETF	39.7	15	65	4.0	+0.3
IGM	iShares Expanded Tech Sector ETF	39.6	41	39	3.1	-0.6
DFSU	Dimensional US Sustainability Core 1 ETF	39.6	18	62	4.7	+1.0
GSPY	Gotham Enhanced 500 ETF	39.6	50	30	4.5	+0.8
ONEQ	Fidelity Nasdaq Composite Index ETF	39.5	21	59	3.0	-0.6
QQMG	Invesco ESG NASDAQ 100 ETF	39.5	20	60	3.4	-0.2
AVSU	Avantis Responsible U.S. Equity ETF	39.5	15	65	5.1	+1.4
PABU	iShares Paris-Aligned Climate MSCI USA ETF	39.1	10	70	3.8	+0.2
USCA	Xtrackers MSCI USA Climate Action Equity ETF	38.6	7	73	4.5	+0.8
QUAL	iShares MSCI USA Quality Factor ETF	38.5	15	65	4.4	+0.7
USCL	iShares Climate Conscious & Transition MSCI USA ETF	38.4	8	72	4.5	+0.8
IOO	iShares Global 100 ETF	38.4	41	39	4.0	+0.3
AFLG	First Trust Active Factor Large Cap ETF	38.4	55	25	5.1	+1.4
LRND	IQ U.S. Large Cap R&D Leaders ETF	38.3	14	66	4.0	+0.3
QDEF	FlexShares Quality Dividend Defensive Index Fund	38.3	37	43	5.3	+1.7
KOKU	Xtrackers MSCI Kokusai Equity ETF	37.7	9	71	4.5	+0.8
FBCG	Fidelity Blue Chip Growth ETF	37.5	59	21	2.3	-1.4
LOWV	AB US Low Volatility Equity ETF	37.4	48	32	4.3	+0.6
USMC	Principal U.S. Mega-Cap ETF	37.4	12	68	3.7	+0.0
ESG	FlexShares Trust FlexShares STOXX US ESG Select Index Fund	37.4	32	48	4.1	+0.4
KRMA	Global X Conscious Companies ETF	37.3	43	37	5.3	+1.7
FDLO	Fidelity Low Volatility Factor ETF	37.3	15	65	4.7	+1.0
TOPC	iShares S&P 500 3% Capped ETF	37.3	15	65	4.5	+0.8
QLV	FlexShares US Quality Low Volatility Index Fund	37.1	22	58	4.9	+1.2
TMFE	Motley Fool Capital Efficiency 100 Index ETF	37.0	50	30	3.3	-0.3
CVLC	Calvert US Large-Cap Core Responsible Index ETF	36.9	15	65	4.4	+0.7
DCOR	Dimensional US Core Equity 1 ETF	36.9	14	66	4.6	+1.0
GLBL	Pacer MSCI World Industry Advantage ETF	36.8	65	15	3.6	-0.1
JGRW	Jensen Quality Growth ETF	36.8	57	23	3.9	+0.2
JHML	John Hancock Multifactor Large Cap ETF	36.7	29	51	4.6	+0.9
IYW	iShares U.S. Technology ETF	36.6	40	40	3.4	-0.3
QUS	State Street SPDR MSCI USA StrategicFactors ETF	36.6	15	65	5.0	+1.3
SUSA	iShares MSCI USA ESG Select ETF	36.5	25	55	4.1	+0.4
OALC	OneAscent Large Cap Core ETF	36.5	86	-6	3.6	-0.1
HAPI	Harbor Human Capital Factor US Large Cap ETF	36.4	36	44	4.2	+0.5
FCPI	Fidelity Stocks for Inflation ETF	36.4	15	65	5.8	+2.1
DSPY	Tema S&P 500 Historical Weight ETF	36.4	18	62	4.5	+0.8
NANC	Unusual Whales Subversive Democratic Trading ETF	36.4	75	5	3.0	-0.7
SPUS	SP Funds S&P 500 Sharia Industry Exclusions ETF	36.4	45	35	3.7	+0.0
CGUS	Capital Group Core Equity ETF	36.3	33	47	3.6	-0.1
MTUM	iShares MSCI USA Momentum Factor ETF	36.3	15	65	2.7	-1.0
TOK	iShares MSCI Kokusai ETF	36.2	26	54	4.4	+0.7
PEXL	Pacer US Export Leaders ETF	35.8	60	20	3.3	-0.4
JPEF	JPMorgan Equity Focus ETF	35.8	50	30	3.8	+0.1
SAWG	AAM Sawgrass US Large Cap Quality Growth ETF	35.7	49	31	3.8	+0.1
FVAL	Fidelity Value Factor ETF	35.6	15	65	6.0	+2.3
FFLC	Fidelity Fundamental Large Cap Core ETF	35.6	38	42	3.9	+0.2
LCF	Touchstone US Large Cap Focused ETF	35.3	69	11	3.6	-0.1
TILT	FlexShares Morningstar US Market Factor Tilt Index Fund	35.3	25	55	5.0	+1.3
DFAC	Dimensional U.S. Core Equity 2 ETF	35.2	17	63	4.7	+1.1
LVDS	JPMorgan Fundamental Data Science Large Value ETF	35.2	49	31	5.0	+1.3
SPMV	Invesco S&P 500 Minimum Variance ETF	34.9	10	70	5.0	+1.4
DGRW	WisdomTree US Quality Dividend Growth Fund	34.8	28	52	4.9	+1.2
LGRO	Level Four Large Cap Growth Active ETF	34.8	55	25	3.8	+0.1
FDRR	Fidelity Dividend ETF for Rising Rates	34.6	15	65	5.8	+2.2
NACP	Impact Shares NAACP Minority Empowerment ETF	34.6	49	31	4.0	+0.3
URTH	iShares MSCI World ETF	34.3	24	56	4.4	+0.7
AOTS	AOT Software Platform ETF	34.2	49	31	4.6	+0.9
FSST	Fidelity Sustainable U.S. Equity ETF	34.1	59	21	3.2	-0.5
IETC	iShares U.S. Tech Independence Focused ETF	34.0	18	62	3.3	-0.4
JQUA	JPMorgan U.S. Quality Factor ETF	34.0	12	68	5.1	+1.4
LRGC	AB US Large Cap Strategic Equities ETF	33.9	48	32	3.9	+0.2
GLOV	Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF	33.8	25	55	5.5	+1.8
KLMT	Invesco MSCI Global Climate 500 ETF	33.7	10	70	5.0	+1.3
GLOF	iShares Global Equity Factor ETF	33.6	20	60	5.7	+2.0
JGLO	JPMorgan Global Select Equity ETF	33.5	33	47	4.2	+0.5
IUS	Invesco RAFI Strategic US ETF	33.4	19	61	5.8	+2.1
DFVX	Dimensional US Large Cap Vector ETF	33.4	22	58	5.2	+1.6
PSET	Principal Quality ETF	33.4	15	65	4.7	+1.0
XPND	First Trust Expanded Technology ETF	33.2	65	15	3.1	-0.6
FDWM	Fidelity Women's Leadership ETF	33.0	59	21	3.6	-0.0
HLAL	Wahed FTSE USA Shariah ETF	32.9	50	30	3.9	+0.2
JMOM	JPMorgan U.S. Momentum Factor ETF	32.9	12	68	3.6	-0.1
ILCV	iShares Morningstar Value ETF	32.8	4	76	5.3	+1.7
FFOG	Franklin Focused Growth ETF	32.7	61	19	1.6	-2.1
TECB	iShares U.S. Tech Breakthrough Multisector ETF	32.5	40	40	3.5	-0.2
DLN	WisdomTree U.S. LargeCap Dividend Fund	32.5	28	52	5.4	+1.7
VUSE	Vident U.S. Equity Strategy ETF	32.4	50	30	3.8	+0.1
XLK	The Technology Select Sector SPDR Fund	32.4	8	72	3.8	+0.1
GGRW	Gabelli Growth Innovators ETF	32.3	90	-10	2.0	-1.7
ACVF	American Conservative Values ETF	32.3	75	5	3.8	+0.1
CRTC	Xtrackers US National Critical Technologies ETF	32.3	35	45	4.2	+0.5
IWFG	IQ Winslow Focused Large Cap Growth ETF	32.3	65	15	2.1	-1.6
RFDA	RiverFront Dynamic US Dividend Advantage ETF	32.0	52	28	5.4	+1.7
AQLT	iShares MSCI Global Quality Factor ETF	32.0	18	62	0.0	-3.7
SEIM	SEI Enhanced U.S. Large Cap Momentum Factor ETF	31.9	15	65	3.1	-0.6
WRND	IQ Global Equity R&D Leaders ETF	31.9	18	62	4.0	+0.4
IQSU	IQ Candriam U.S. Large Cap Equity ETF	31.8	9	71	4.4	+0.7
BBLU	EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF	31.8	15	65	4.4	+0.7
DEMZ	Democratic Large Cap Core ETF	31.8	45	35	3.9	+0.2
PWB	Invesco Large Cap Growth ETF	31.7	56	24	2.1	-1.6
SFYF	SoFi Social 50 ETF	31.7	29	51	0.9	-2.8
NZAC	SPDR MSCI ACWI Climate Paris Aligned ETF	31.5	12	68	4.5	+0.8
RFFC	ALPS Active Equity Opportunity ETF	31.5	48	32	3.6	-0.1
YOKE	Yoke Core ETF	31.4	42	38	3.7	+0.0
USMV	iShares MSCI USA Min Vol Factor ETF	31.3	15	65	5.1	+1.4
CGGR	Capital Group Growth ETF	31.2	39	41	2.5	-1.2
NULC	Nuveen ESG Large-Cap ETF	31.2	21	59	4.1	+0.4
VUSG	Vanguard Wellington U.S. Growth Active ETF	31.0	35	45	2.5	-1.2
SIXA	ETC 6 Meridian Mega Cap Equity ETF	30.8	80	0	5.5	+1.8
ACWI	iShares MSCI ACWI ETF	30.8	32	48	4.7	+1.0
JHDV	John Hancock U.S. High Dividend ETF	30.7	34	46	6.2	+2.5
DAK	Dakota Active Equity ETF	30.7	43	37	3.8	+0.1
FDVV	Fidelity High Dividend ETF	30.7	15	65	6.6	+2.9
CAML	Congress Large Cap Growth ETF	30.6	66	14	2.3	-1.4
ABIG	Argent Large Cap ETF	30.5	49	31	4.3	+0.7
AGRW	Allspring LT Large Growth ETF	30.5	35	45	3.3	-0.4
QBIG	Invesco Top QQQ ETF	30.4	29	51	0.0	-3.7
SXQG	ETC 6 Meridian Quality Growth ETF	30.3	100	-20	2.8	-0.9
FTEC	Fidelity MSCI Information Technology Index ETF	30.3	8	72	3.5	-0.2
DXUV	Dimensional US Vector Equity ETF	30.2	28	52	5.3	+1.6
CRBN	iShares MSCI ACWI Low Carbon Target ETF	30.1	20	60	4.8	+1.1
GK	AdvisorShares Gerber Kawasaki ETF	30.1	75	5	1.6	-2.1
VGT	Vanguard Information Technology ETF	30.1	9	71	3.5	-0.2
SUSL	iShares ESG MSCI USA Leaders ETF	30.0	10	70	4.3	+0.6
DTD	WisdomTree U.S. Total Dividend Fund	30.0	28	52	5.6	+2.0
IVES	Wedbush ETFMG Global Cloud Technology ETF	29.9	68	12	4.2	+0.5
BGRO	iShares Large Cap Growth Active ETF	29.8	55	25	2.0	-1.7
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	29.7	10	70	4.3	+0.6
SELV	SEI Enhanced Low Volatility U.S. Large Cap ETF	29.6	15	65	6.0	+2.3
MBCC	Monarch Blue Chips Core ETF	29.5	125	-45	3.8	+0.1
GXPT	Global X PureCap MSCI Information Technology ETF	29.5	25	55	3.6	-0.1
PNQI	Invesco NASDAQ Internet ETF	29.5	60	20	3.6	-0.1
ROUS	Hartford Multifactor US Equity ETF	29.5	19	61	5.5	+1.8
TIME	Clockwise Core Equity & Innovation ETF	29.4	95	-15	2.2	-1.5
ROE	Astoria US Quality Kings ETF	29.4	49	31	5.4	+1.7
MFIG	Motley Fool Innovative Growth Factor ETF	29.3	50	30	2.8	-0.9
IXN	iShares Global Tech ETF	29.2	41	39	3.2	-0.5
SPXT	ProShares S&P 500 Ex-Technology ETF	29.1	9	71	4.7	+1.1
TTAC	FCF US Quality ETF	29.1	59	21	5.2	+1.5
QGRO	American Century U.S. Quality Growth ETF	29.0	29	51	3.8	+0.2
PY	Principal Value ETF	28.9	15	65	6.9	+3.2
WOMN	Impact Shares YWCA Women's Empowerment ETF	28.8	75	5	4.8	+1.1
DFNV	Donoghue Forlines Innovation ETF	28.8	69	11	4.1	+0.4
ESGG	FlexShares STOXX Global ESG Select Index Fund	28.8	42	38	4.2	+0.6
EQWL	Invesco S&P 100 Equal Weight ETF	28.7	25	55	5.4	+1.7
PRF	Invesco FTSE RAFI US 1000 ETF	28.7	34	46	5.8	+2.1
MFUS	PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	28.7	29	51	5.7	+2.0
SPGM	SPDR Portfolio MSCI Global Stock Market ETF	28.3	9	71	4.9	+1.2
YNOT	Horizon Digital Frontier ETF	28.3	75	5	2.7	-0.9
EBI	Longview Advantage ETF	28.2	35	45	6.0	+2.3
FNDX	Schwab Fundamental US Large Co. Index ETF	28.2	25	55	6.3	+2.7
GFGF	Guru Favorite Stocks ETF Guru Favorite Stocks Fund	28.1	65	15	3.5	-0.2
SPMO	Invesco S&P 500 Momentum ETF	28.1	13	67	3.5	-0.2
VNSE	Natixis Vaughan Nelson Select ETF	27.9	80	0	3.3	-0.4
QQEW	First Trust Nasdaq-100 Equal Weighted Index Fund	27.9	58	22	3.4	-0.3
VT	Vanguard Total World Stock ETF	27.8	6	74	5.1	+1.4
ABFL	Abacus FCF Leaders ETF	27.8	59	21	3.8	+0.2
RWL	Invesco S&P 500 Revenue ETF	27.8	39	41	5.8	+2.2
DSI	iShares MSCI KLD 400 Social ETF	27.6	25	55	4.2	+0.5
FTCE	First Trust New Constructs Core Earnings Leaders ETF	27.5	60	20	4.7	+1.0
ESMV	iShares ESG MSCI USA Min Vol Factor ETF	27.5	18	62	5.0	+1.3
SEMG	Suncoast Select Growth ETF	27.4	60	20	3.6	-0.1
EMOT	First Trust S&P 500 Economic Moat ETF	27.4	60	20	7.4	+3.7
AVLV	Avantis U.S. Large Cap Value ETF	27.4	15	65	5.9	+2.2
XNTK	State Street SPDR NYSE Technology ETF	27.3	35	45	3.1	-0.6
GRNY	Fundstrat Granny Shots US Large Cap ETF	27.2	75	5	2.2	-1.5
RAFE	PIMCO RAFI ESG U.S. ETF	27.2	29	51	6.4	+2.7
BRNY	Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation	27.0	79	1	4.4	+0.7
USSE	Segall Bryant & Hamill Select Equity ETF	26.8	65	15	3.1	-0.6
LRGE	ClearBridge Large Cap Growth ESG ETF	26.7	59	21	2.7	-1.0
FNDB	Schwab Fundamental US Broad Market Index ETF	26.7	25	55	6.3	+2.6
CGDV	Capital Group Dividend Value ETF	26.5	33	47	3.9	+0.2
PFM	Invesco Dividend Achievers ETF	26.5	53	27	4.6	+0.9
QWLD	SPDR MSCI World StrategicFactors ETF	26.4	30	50	5.1	+1.4
AIQ	Global X Artificial Intelligence & Technology ETF	26.2	68	12	3.3	-0.4
QQQG	Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF	26.1	49	31	3.6	-0.0
KOCG	FIS Knights of Columbus Global Belief ETF	26.1	75	5	4.3	+0.6
NULG	Nuveen ESG Large-Cap Growth ETF	26.1	26	54	3.0	-0.7
VSMV	VictoryShares US Multi-Factor Minimum Volatility ETF	26.0	35	45	5.6	+1.9
RDVY	First Trust Rising Dividend Achievers ETF	26.0	50	30	5.1	+1.4
FDTX	Fidelity Disruptive Technology ETF	26.0	50	30	2.1	-1.6
VOOV	Vanguard S&P 500 Value ETF	26.0	7	73	5.6	+1.9
METV	Roundhill Ball Metaverse ETF	26.0	59	21	8.3	+4.6
OUSA	ALPS O'Shares U.S. Quality Dividend ETF	26.0	48	32	5.2	+1.6
KVLE	KraneShares Value Line Dynamic Dividend Equity Index ETF	25.9	56	24	6.8	+3.1
IVE	iShares S&P 500 Value ETF	25.8	18	62	5.5	+1.8
SPYV	State Street SPDR Portfolio S&P 500 Value ETF	25.7	4	76	5.6	+1.9
QLTY	GMO U.S. Quality ETF	25.6	50	30	4.0	+0.3
HGRO	Hedgeye Quality Growth ETF	25.5	70	10	3.3	-0.4
SHE	State Street SPDR MSCI USA Gender Diversity ETF	25.5	20	60	4.6	+1.0
AMOM	Qraft AI-Enhanced U.S. Large Cap Momentum ETF	25.4	75	5	2.0	-1.6
VLU	State Street SPDR S&P 1500 Value Tilt ETF	25.4	12	68	6.3	+2.6
AGIX	KraneShares Artificial Intelligence and Technology ETF	25.3	99	-19	1.5	-2.2
MNZL	Manzil Russell Halal USA Broad MarketETF	25.3	40	40	3.9	+0.3
DUNK	Dana Unconstrained Equity ETF	25.1	75	5	2.1	-1.6
BLCR	iShares Large Cap Core Active ETF	25.1	36	44	3.1	-0.6
ABOT	Abacus FCF Innovation Leaders ETF	25.0	69	11	3.9	+0.3
RGEF	Rockefeller Global Equity ETF	25.0	55	25	3.9	+0.2
VIG	Vanguard Dividend Appreciation ETF	24.6	5	75	4.9	+1.2
IUSV	iShares Core S&P US Value ETF	24.6	4	76	5.8	+2.1
VEGN	US Vegan Climate ETF	24.4	60	20	4.1	+0.4
LCLG	Logan Capital Broad Innovative Growth ETF	24.1	99	-19	3.1	-0.6
VERS	ProShares Metaverse ETF	24.1	58	22	0.6	-3.1
XMAG	Defiance Large Cap ex-Mag 7 ETF	24.1	35	45	4.4	+0.8
FELV	Fidelity Enhanced Large Cap Value ETF	23.9	18	62	5.7	+2.1
JEPI	JPMorgan Equity Premium Income ETF	23.7	35	45	4.6	+0.9
WTAI	WisdomTree Artificial Intelligence and Innovation Fund	23.7	45	35	2.6	-1.1
CHAT	Roundhill Generative AI & Technology ETF	23.5	75	5	5.3	+1.6
SPHQ	Invesco S&P 500 Quality ETF	23.5	15	65	4.5	+0.9
FFND	Future Fund Active ETF	23.4	100	-20	4.3	+0.6
AOTG	AOT Growth and Innovation ETF	23.2	75	5	1.5	-2.2
GGME	Invesco Next Gen Media and Gaming ETF	23.2	60	20	4.9	+1.2
DGRO	iShares Core Dividend Growth ETF	23.0	8	72	5.5	+1.8
TRUT	VanEck Technology TruSector ETF	23.0	13	67	4.0	+0.3
FDG	American Century Focused Dynamic Growth ETF	23.0	45	35	1.8	-1.9
GINN	Goldman Sachs Innovate Equity ETF	23.0	52	28	3.8	+0.1
XT	iShares Exponential Technologies ETF	22.9	46	34	4.1	+0.4
ZECP	Zacks Earnings Consistent Portfolio ETF	22.9	55	25	4.0	+0.4
MAVF	Matrix Advisors Value ETF	22.7	75	5	4.9	+1.3
USEW	Cambria US EW ETF	22.7	30	50	4.2	+0.5
FUNL	CornerCap Fundametrics Large-Cap ETF	22.4	50	30	6.0	+2.4
IWX	iShares Russell Top 200 Value ETF	22.4	20	60	5.1	+1.4
VALQ	American Century U.S. Quality Value ETF	22.2	29	51	6.7	+3.0
EGLE	Global X S&P 500 U.S. Revenue Leaders ETF	22.2	19	61	4.9	+1.2
FMET	Fidelity Metaverse ETF	22.1	39	41	4.7	+1.0
JOET	Virtus Terranova US Quality Momentum ETF	22.0	29	51	3.8	+0.1
MFMO	Motley Fool Momentum Factor ETF	22.0	50	30	2.2	-1.5
EVUS	iShares ESG Aware MSCI USA Value ETF	21.9	18	62	5.6	+1.9
GDIV	Harbor Dividend Growth Leaders ETF	21.8	50	30	3.9	+0.3
QTEC	First Trust NASDAQ-100 Technology Sector Index Fund	21.8	57	23	3.1	-0.6
WISE	Themes Generative Artificial Intelligence ETF	21.6	35	45	-0.4	-4.1
QQQE	Direxion NASDAQ-100 Equal Weighted Index Shares	21.5	35	45	3.7	+0.0
OGIG	ALPS O'Shares Global Internet Giants ETF	21.5	48	32	2.5	-1.2
USXF	iShares ESG Advanced MSCI USA ETF	21.4	10	70	4.0	+0.3
DARP	Grizzle Growth ETF	21.4	75	5	1.7	-1.9
DVND	Touchstone Dividend Select ETF	21.2	67	13	5.1	+1.5
LOGO	Alpha Brands Consumption Leaders ETF	21.2	69	11	2.5	-1.2
JVAL	JPMorgan U.S. Value Factor ETF	21.2	12	68	7.1	+3.4
FDCF	Fidelity Disruptive Communications ETF	21.2	50	30	2.0	-1.7
LIVR	Intelligent Livermore ETF	21.1	69	11	2.8	-0.9
DRUP	GraniteShares Nasdaq Select Disruptors ETF	21.0	60	20	3.7	+0.0
SEIV	SEI Enhanced U.S. Large Cap Value Factor ETF	21.0	15	65	8.3	+4.6
ANEW	ProShares MSCI Transformational Changes ETF	20.7	45	35	4.3	+0.7
ACSI	American Customer Satisfaction ETF	20.7	65	15	4.8	+1.1
GVUS	Marketbeta Russell 1000 Value Equity ETF	20.5	12	68	5.5	+1.8
FTC	First Trust Large Cap Growth AlphaDEX Fund	20.5	59	21	1.9	-1.8
JAVA	JPMorgan Active Value ETF	20.5	44	36	5.4	+1.7
INCE	Franklin Income Equity Focus ETF	20.4	29	51	5.1	+1.5
IQM	Franklin Intelligent Machines ETF	20.4	50	30	1.3	-2.4
DIVN	Horizon Dividend Income ETF	20.3	70	10	6.3	+2.6
BUZZ	VanEck Social Sentiment ETF	20.2	75	5	-0.7	-4.3
VONV	Vanguard Russell 1000 Value ETF	19.9	7	73	5.6	+1.9
IWD	iShares Russell 1000 Value ETF	19.9	19	61	5.5	+1.8
VFMO	Vanguard U.S. Momentum Factor ETF	19.5	13	67	1.8	-1.9
CGGO	Capital Group Global Growth Equity ETF	19.5	47	33	4.2	+0.5
SWP	SWP Growth & Income ETF	19.5	99	-19	4.0	+0.3
XLSR	State Street US Sector Rotation ETF	19.4	70	10	4.3	+0.6
SSPY	Syntax Stratified LargeCap ETF	19.4	30	50	6.0	+2.3
BELT	iShares Long-Term U.S. Equity Active ETF	19.4	75	5	2.4	-1.3
QOWZ	Invesco Nasdaq Free Cash Flow Achievers ETF	19.3	39	41	3.7	+0.1
WUGI	AXS Esoterica NextG Economy ETF	19.2	75	5	1.7	-2.0
DIA	SPDR Dow Jones Industrial Average ETF	19.2	16	64	4.7	+1.0
FDN	First Trust Dow Jones Internet Index Fund	19.1	52	28	2.9	-0.8
FDND	FT Vest Dow Jones Internet & Target Income ETF	19.1	75	5	2.7	-1.0
AFOS	ARS Focused Opportunities Strategy ETF	18.9	45	35	2.1	-1.6
VTV	Vanguard Value ETF	18.8	4	76	5.8	+2.1
USRD	Themes US R&D Champions ETF	18.7	29	51	4.2	+0.5
RSPT	Invesco S&P 500 Equal Weight Technology ETF	18.6	40	40	4.7	+1.0
PALC	Pacer Lunt Large Cap Multi-Factor Alternator ETF	18.6	60	20	5.9	+2.2
FLAG	Global X S&P 500 U.S. Market Leaders Top 50 ETF	18.6	29	51	6.8	+3.2
KONG	Formidable Fortress ETF	18.5	89	-9	5.0	+1.3
AVIE	Avantis� Inflation Focused Equity ETF	18.4	25	55	6.0	+2.3
ACWV	iShares MSCI Global Min Vol Factor ETF	18.3	20	60	5.5	+1.8
EDOW	First Trust Dow 30 Equal Weight ETF	18.3	50	30	4.5	+0.8
BUYZ	Franklin Disruptive Commerce ETF	18.3	50	30	2.3	-1.4
BDIV	AAM Brentview Dividend Growth ETF	18.3	49	31	3.6	-0.1
COWG	Pacer US Large Cap Cash Cows Growth Leaders ETF	18.3	49	31	4.7	+1.0
VFMV	Vanguard U.S. Minimum Volatility ETF	18.2	13	67	5.6	+1.9
MILN	Global X Millennial Consumer ETF	18.2	50	30	3.9	+0.2
SPGP	Invesco S&P 500 GARP ETF	18.1	34	46	5.6	+1.9
SNPV	Xtrackers S&P 500 Value ESG ETF	18.1	15	65	5.5	+1.8
USMF	WisdomTree U.S. Multifactor Fund	17.9	28	52	6.4	+2.7
CFA	VictoryShares US 500 Volatility Wtd ETF	17.9	35	45	5.2	+1.5
CFO	VictoryShares US 500 Enhanced Volatility Wtd ETF	17.8	40	40	5.1	+1.4
VYM	Vanguard High Dividend Yield Index ETF	17.8	6	74	6.0	+2.3
WSGE	Warren Street Global Equity ETF	17.8	80	0	2.8	-0.9
VFMF	Vanguard U.S. Multifactor ETF	17.8	18	62	6.7	+3.0
MGV	Vanguard Mega Cap Value ETF	17.8	7	73	5.4	+1.7
GSEW	Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	17.8	9	71	5.2	+1.5
NBDS	Neuberger Berman Disrupters ETF	17.8	55	25	0.9	-2.8
STXV	Strive 1000 Value ETF	17.8	18	62	6.7	+3.1
SCHV	Schwab U.S. Large-Cap Value ETF	17.7	4	76	5.6	+2.0
PCGG	Polen Capital Global Growth ETF	17.7	85	-5	3.6	-0.1
XDAT	Franklin Exponential Data ETF	17.6	50	30	1.3	-2.4
LGLV	State Street SPDR US Large Cap Low Volatility Index ETF	17.5	12	68	5.3	+1.6
HUSV	First Trust Horizon Managed Volatility Domestic ETF	17.5	70	10	4.5	+0.8
BRIF	FIS Bright Portfolios Focused Equity ETF	17.4	65	15	3.7	+0.0
ITAN	Sparkline Intangible Value ETF	17.4	50	30	6.2	+2.5
SHRY	First Trust Bloomberg Shareholder Yield ETF	17.3	60	20	8.1	+4.4
NULV	Nuveen ESG Large-Cap Value ETF	17.3	26	54	5.2	+1.5
GVIP	Goldman Sachs Hedge Industry VIP ETF	17.2	45	35	2.5	-1.2
BMVP	Invesco Bloomberg MVP Multi-factor ETF	17.1	29	51	6.3	+2.6
GEW	Cambria Global EW ETF	17.0	29	51	5.3	+1.6
REVS	Columbia Research Enhanced Value ETF	16.9	19	61	6.8	+3.1
DGT	State Street SPDR Global Dow ETF	16.9	50	30	5.7	+2.0
USCF	Themes US Cash Flow Champions ETF	16.8	29	51	7.5	+3.9
YLDE	ClearBridge Dividend Strategy ESG ETF	16.7	60	20	4.8	+1.2
LEAD	Siren DIVCON Leaders Dividend ETF	16.7	43	37	3.6	-0.1
PDP	Invesco Dorsey Wright Momentum ETF	16.6	62	18	1.5	-2.2
CHGX	AXS Change Finance ESG ETF	16.6	49	31	4.7	+1.0
RSP	Invesco S&P 500 Equal Weight ETF	16.6	20	60	5.8	+2.1
TDV	ProShares S&P Technology Dividend Aristocrats ETF	16.5	45	35	5.2	+1.5
PWV	Invesco Large Cap Value ETF	16.5	55	25	6.4	+2.7
PRXV	Praxis Impact Large Cap Value ETF	16.4	36	44	5.6	+1.9
DIVB	iShares Core Dividend ETF	16.4	5	75	7.3	+3.6
VFQY	Vanguard U.S. Quality Factor ETF	16.3	13	67	5.5	+1.8
GAMR	Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T	16.2	75	5	3.6	-0.1
FFF	Founders 100 ETF	16.2	75	5	2.6	-1.0
BAI	iShares AI Innovation and Tech Active ETF	16.1	55	25	1.3	-2.4
RPG	Invesco S&P 500 Pure Growth ETF	16.0	35	45	2.8	-0.9
STXD	Strive 1000 Dividend Growth ETF	16.0	35	45	4.3	+0.6
LGCF	Themes US Cash Flow Champions ETF	16.0	30	50	7.5	+3.9
EUSA	iShares MSCI USA Equal Weighted ETF	15.9	9	71	5.5	+1.8
BEEX	BeeHive ETF	15.9	84	-4	3.8	+0.1
GOP	Unusual Whales Subversive Republican Trading ETF	15.9	50	30	4.6	+0.9
IGPT	Invesco AI and Next Gen Software ETF	15.9	60	20	3.4	-0.3
CSTK	Invesco Comstock Contrarian Equity ETF	15.8	35	45	5.9	+2.2
FEX	First Trust Large Cap Core AlphaDEX Fund	15.6	59	21	5.0	+1.4
CARZ	First Trust NASDAQ Global Auto Index Fund	15.6	70	10	2.9	-0.8
RSPE	Invesco ESG S&P 500 Equal Weight ETF	15.5	20	60	5.6	+1.9
ARVR	First Trust Indxx Metaverse ETF	15.5	70	10	4.2	+0.5
XOEF	iShares S&P 500 ex S&P 100 ETF	15.4	20	60	4.7	+1.0
SIZE	iShares MSCI USA Size Factor ETF	15.4	15	65	5.4	+1.8
JPUS	JPMorgan Diversified Return U.S. Equity ETF	15.3	18	62	6.7	+3.1
FCTR	First Trust Lunt U.S. Factor Rotation ETF	15.3	65	15	4.7	+1.1
FTCS	First Trust Capital Strength ETF	15.2	55	25	5.1	+1.4
SFGV	Sequoia Global Value ETF	15.0	23	57	6.9	+3.3
ARKW	ARK Next Generation Internet ETF	15.0	87	-7	0.8	-2.9
KNCT	Invesco Next Gen Connectivity ETF	14.7	40	40	3.8	+0.1
VDIG	Vanguard Wellington Dividend Growth Active ETF	14.7	40	40	4.3	+0.6
AQEC	AQE Core ETF	14.7	49	31	4.8	+1.2
PTF	Invesco Dorsey Wright Technology Momentum ETF	14.6	60	20	-1.0	-4.7
EQIN	Columbia US Equity Income ETF	14.6	35	45	6.0	+2.3
VO	Vanguard Mid-Cap ETF	14.6	4	76	5.2	+1.6
TRFM	AAM Transformers ETF	14.5	49	31	1.1	-2.6
FBCV	Fidelity Blue Chip Value ETF	14.5	59	21	5.8	+2.1
AIVC	Amplify Bloomberg AI Value Chain ETF	14.5	59	21	4.9	+1.2
IYC	iShares U.S. Consumer Discretionary ETF	14.4	40	40	3.4	-0.3
SZNE	Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF	14.4	60	20	4.7	+1.0
BGIG	Bahl & Gaynor Income Growth ETF	14.4	45	35	4.4	+0.8
WTV	WisdomTree US Value Fund of Benef Interest	14.3	12	68	7.6	+3.9
SKYY	First Trust Cloud Computing ETF	14.2	60	20	3.3	-0.4
DEUS	Xtrackers Russell US Multifactor ETF	14.2	17	63	6.3	+2.7
RVER	Trenchless Fund ETF	14.1	65	15	0.7	-2.9
FBOT	Fidelity Disruptive Automation ETF	14.1	50	30	2.9	-0.8
RJDI	RJ Eagle GCM Dividend Select Income ETF	14.1	55	25	4.4	+0.8
ICAP	InfraCap Equity Income Fund ETF	14.0	171	-91	4.2	+0.5
LST	Leuthold Select Industries ETF	13.9	91	-11	4.9	+1.2
PTL	Inspire 500 ETF	13.9	9	71	4.5	+0.8
FTGS	First Trust Growth Strength ETF	13.8	60	20	3.5	-0.1
SPDG	State Street SPDR Portfolio S&P Sector Neutral Dividend ETF	13.7	5	75	7.3	+3.7
DFLV	Dimensional US Large Cap Value ETF	13.6	22	58	6.2	+2.5
STRN	SMART Trend 25 ETF	13.6	59	21	2.7	-1.0
TDIV	First Trust NASDAQ Technology Dividend Index Fund	13.6	50	30	5.3	+1.6
POWA	Invesco Bloomberg Pricing Power ETF	13.5	40	40	5.2	+1.5
COWZ	Pacer US Cash Cows 100 ETF	13.5	49	31	7.4	+3.7
QQWZ	Pacer Cash COWZ 100-Nasdaq100 Rotator ETF	13.5	49	31	7.4	+3.7
CLOD	Themes Cloud Computing ETF	13.4	35	45	3.5	-0.1
AKAF	The Frontier Economic Fund	13.4	20	60	5.0	+1.3
NUDV	Nuveen ESG Dividend ETF	13.3	26	54	5.9	+2.2
ACEP	ARS Core Equity ETF	13.2	45	35	4.2	+0.6
ALTL	Pacer Lunt Large Cap Alternator ETF	13.2	60	20	4.7	+1.0
IMCG	iShares Morningstar Mid-Cap Growth ETF	13.2	6	74	3.5	-0.2
TOLL	Tema Durable Quality ETF	13.2	75	5	4.0	+0.3
ULVM	VictoryShares US Value Momentum ETF	13.0	20	60	6.2	+2.5
BGDV	Bahl & Gaynor Dividend ETF	12.9	45	35	3.9	+0.2
AUSF	Global X Adaptive U.S. Factor ETF	12.9	27	53	7.8	+4.1
SPLV	Invesco S&P 500 Low Volatility ETF	12.9	25	55	4.8	+1.1
HDV	iShares Core High Dividend ETF	12.9	8	72	5.8	+2.1
IMCB	iShares Morningstar Mid-Cap ETF	12.8	4	76	5.3	+1.6
ISHP	First Trust Nasdaq Retail ETF	12.8	60	20	4.9	+1.2
XRLV	Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF	12.7	25	55	4.8	+1.1
SIXG	Defiance Connective Technologies ETF	12.5	30	50	3.4	-0.2
SPHB	Invesco S&P 500 High Beta ETF	12.4	25	55	4.0	+0.4
ONEO	State Street SPDR Russell 1000 Momentum Focus ETF	12.4	20	60	6.1	+2.4
FXL	First Trust Technology AlphaDEX Fund	12.3	61	19	6.0	+2.3
CTEF	Castellan Targeted Equity ETF	12.2	45	35	2.8	-0.8
QUVU	Hartford Quality Value ETF	12.1	46	34	5.5	+1.9
ROBT	First Trust Nasdaq Artificial Intelligence & Robotics ETF	12.1	65	15	1.5	-2.2
SAMT	Strategas Macro Thematic Opportunities ETF	12.0	65	15	2.5	-1.2
FPAG	FPA Global Equity ETF	11.9	49	31	5.6	+1.9
NEWZ	StockSnips AI-Powered Sentiment US All Cap ETF	11.9	65	15	5.1	+1.4
XLY	The Consumer Discretionary Select Sector SPDR Fund	11.9	8	72	4.2	+0.5
DSTL	Distillate US Fundamental Stability & Value ETF	11.8	39	41	7.3	+3.6
NETZ	TCW Transform Systems ETF	11.8	75	5	1.3	-2.4
FAD	First Trust Multi Cap Growth AlphaDEX Fund	11.8	64	16	1.3	-2.4
GURU	Global X Guru Index ETF	11.8	75	5	2.5	-1.2
GXPD	Global X PureCap MSCI Consumer Discretionary ETF	11.8	25	55	3.4	-0.3
JSTC	Adasina Social Justice All Cap Global ETF	11.7	89	-9	4.5	+0.8
BWEB	Bitwise Web3 ETF	11.7	85	-5	-0.0	-3.7
VCR	Vanguard Consumer Discretionary ETF	11.6	9	71	4.2	+0.5
VSDA	VictoryShares Dividend Accelerator ETF	11.6	35	45	6.1	+2.4
OPTZ	Optimize Strategy Index ETF	11.6	50	30	3.9	+0.2
PRAY	FIS Christian Stock Fund	11.6	69	11	3.9	+0.2
TMAT	Main Thematic Innovation ETF	11.6	164	-84	-2.0	-5.7
FDIS	Fidelity MSCI Consumer Discretionary Index ETF	11.6	8	72	4.2	+0.5
RXI	iShares Global Consumer Discretionary ETF	11.5	41	39	7.4	+3.7
FMDE	Fidelity Enhanced Mid Cap ETF	11.4	23	57	5.4	+1.7
SOXQ	Invesco PHLX Semiconductor ETF	11.3	19	61	2.8	-0.9
SMH	VanEck Semiconductor ETF	11.3	35	45	2.6	-1.1
SOXX	iShares Semiconductor ETF	11.3	35	45	2.9	-0.8
SHOC	Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF	11.3	40	40	2.3	-1.4
LRNZ	TrueShares Technology, AI & Deep Learning ETF	11.3	69	11	-0.8	-4.5
SAMM	Strategas Macro Momentum ETF	11.2	66	14	3.6	-0.1
QQXT	First Trust Nasdaq-100 Ex-Technology Sector Index Fund	11.1	60	20	3.9	+0.2
FCOM	Fidelity MSCI Communication Services Index ETF	11.1	8	72	4.3	+0.6
VOX	Vanguard Communication Services ETF	11.1	9	71	4.2	+0.6
VOE	Vanguard Mid-Cap Value ETF	11.1	7	73	6.7	+3.0
HART	IQ Healthy Hearts ETF	11.1	45	35	5.6	+1.9
ARKF	ARK Fintech Innovation ETF	10.9	75	5	0.3	-3.4
FVD	First Trust Value Line Dividend Index Fund	10.8	65	15	5.4	+1.7
TRFK	Pacer Data and Digital Revolution ETF	10.8	60	20	2.8	-0.9
MAGA	Point Bridge America First ETF	10.8	72	8	5.0	+1.3
XLF	The Financial Select Sector SPDR Fund	10.7	8	72	5.6	+1.9
CDL	VictoryShares US Large Cap High Dividend Volatility Wtd ETF	10.6	35	45	6.8	+3.1
CDC	VictoryShares US EQ Income Enhanced Volatility Wtd ETF	10.6	38	42	6.8	+3.1
DFUV	Dimensional US Marketwide Value ETF	10.5	22	58	6.2	+2.6
GXPC	Global X PureCap MSCI Communication Services ETF	10.5	25	55	3.9	+0.2
VOT	Vanguard Mid-Cap Growth ETF	10.5	7	73	3.1	-0.6
RSPD	Invesco S&P 500 Equal Weight Consumer Discretionary ETF	10.4	40	40	5.2	+1.5
YALL	God Bless America ETF	10.4	65	15	4.0	+0.3
IVRS	iShares Future Metaverse Tech and Communications ETF	10.3	47	33	5.1	+1.5
RSPF	Invesco S&P 500 Equal Weight Financials ETF	10.3	40	40	6.3	+2.6
AGIQ	Sofi Agentic AI ETF	10.2	69	11	7.1	+3.4
IXP	iShares Global Comm Services ETF	10.2	42	38	5.4	+1.7
XLC	The Communication Services Select Sector SPDR Fund	10.2	8	72	5.1	+1.4
FTXL	First Trust Nasdaq Semiconductor ETF	10.2	60	20	3.1	-0.6
IGV	iShares Expanded Tech-Software Sector ETF	10.2	41	39	3.7	-0.0
RW	Rainwater Equity ETF	10.1	125	-45	2.6	-1.1
VHT	Vanguard Health Care ETF	10.1	9	71	4.9	+1.2
KAT	Scharf ETF	10.1	87	-7	5.8	+2.2
FHLC	Fidelity MSCI Health Care Index ETF	10.1	8	72	5.1	+1.4
IEDI	iShares U.S. Consumer Focused ETF	10.1	18	62	4.6	+1.0
IBLC	iShares Blockchain and Tech ETF	10.1	47	33	-1.4	-5.1
WLDR	Affinity World Leaders Equity ETF	10.1	67	13	6.3	+2.7
BLCV	iShares Large Cap Value Active ETF	10.0	53	27	6.3	+2.6
GKAT	Scharf Global Opportunity ETF	10.0	57	23	5.6	+1.9
FNCL	Fidelity MSCI Financials Index ETF	10.0	8	72	6.0	+2.3
VFH	Vanguard Financials ETF	9.9	9	71	6.0	+2.4
FCLD	Fidelity Cloud Computing ETF	9.9	39	41	3.9	+0.3
DURA	VanEck Durable High Dividend ETF	9.9	29	51	6.2	+2.5
BFOR	ALPS Barron's 400 ETF	9.8	65	15	4.9	+1.2
KNGZ	First Trust S&P 500 Diversified Dividend Aristocrats ETF	9.7	50	30	8.3	+4.6
DEW	WisdomTree Global High Dividend Fund	9.7	58	22	7.1	+3.4
CZAR	Themes Natural Monopoly ETF	9.7	35	45	5.2	+1.5
IYJ	iShares U.S. Industrials ETF	9.7	40	40	3.8	+0.1
AIVL	WisdomTree U.S. AI Enhanced Value Fund	9.7	38	42	5.1	+1.5
SPVM	Invesco S&P 500 Value with Momentum ETF	9.7	39	41	6.3	+2.6
QTUM	Defiance Quantum ETF	9.7	40	40	4.6	+0.9
LEGR	First Trust Indxx Innovative Transaction & Process ETF	9.6	65	15	7.5	+3.8
XLV	The Health Care Select Sector SPDR Fund	9.6	8	72	6.2	+2.5
MBOX	Freedom Day Dividend ETF	9.6	39	41	6.9	+3.2
ARKX	ARK Space Exploration & Innovation ETF	9.5	75	5	0.0	-3.7
QMOM	Alpha Architect U.S. Quantitative Momentum ETF	9.5	39	41	1.1	-2.6
DRIV	Global X Autonomous & Electric Vehicles ETF	9.5	68	12	3.5	-0.2
TBG	TBG Dividend Focus ETF	9.5	59	21	6.1	+2.4
GPT	Intelligent Alpha Atlas ETF	9.5	69	11	6.0	+2.4
PSI	Invesco Semiconductors ETF	9.5	57	23	2.2	-1.4
RSPC	Invesco S&P 500 Equal Weight Communication Services ETF	9.5	40	40	5.3	+1.7
DUSA	Davis Select U.S. Equity ETF	9.4	61	19	7.0	+3.4
ARKQ	ARK Autonomous Technology & Robotics ETF	9.4	75	5	0.9	-2.8
RTH	VanEck Retail ETF	9.4	35	45	4.5	+0.8
FLQM	Franklin U.S. Mid Cap Multifactor Index ETF	9.4	30	50	7.1	+3.5
TPLE	Timothy Plan Us Large/Mid Cap Core Enhanced ETF	9.4	58	22	4.8	+1.1
ONEV	State Street SPDR Russell 1000 Low Volatility Focus ETF	9.3	20	60	7.1	+3.4
DIVG	Invesco S&P 500 High Dividend Growers ETF	9.3	39	41	7.3	+3.6
ARKK	ARK Innovation ETF	9.3	75	5	-3.1	-6.8
IMCV	iShares Morningstar Mid-Cap Value ETF	9.3	6	74	6.9	+3.2
DIVD	Altrius Global Dividend ETF Altrius Global Divid ETF	9.2	49	31	7.8	+4.1
HUMN	Roundhill Humanoid Robotics ETF	9.2	75	5	1.1	-2.6
IXJ	iShares Global Healthcare ETF	9.2	42	38	5.8	+2.1
IYH	iShares U.S. Healthcare ETF	9.2	40	40	5.5	+1.8
FTA	First Trust Large Cap Value AlphaDEX Fund	9.2	59	21	7.5	+3.8
VICE	AdvisorShares Vice ETF	9.2	99	-19	5.5	+1.8
FEGE	First Eagle Global Equity ETF	9.1	79	1	5.6	+2.0
FPX	First Trust US Equity Opportunities ETF	9.1	61	19	0.9	-2.7
DIVE	Dana Concentrated Dividend ETF	9.0	65	15	6.6	+2.9
CHPX	Global X AI Semiconductor & Quantum ETF	9.0	50	30	2.5	-1.2
DJD	Invesco Dow Jones Industrial Average Dividend ETF	9.0	7	73	6.4	+2.7
TMFG	Motley Fool Global Opportunities ETF	8.9	85	-5	3.8	+0.1
OND	ProShares On-Demand ETF	8.8	58	22	0.4	-3.3
IYF	iShares U.S. Financials ETF	8.8	40	40	5.6	+1.9
RSPH	Invesco S&P 500 Equal Weight Health Care ETF	8.8	40	40	6.9	+3.2
FTXH	First Trust Nasdaq Pharmaceuticals ETF	8.8	60	20	6.7	+3.0
SDY	State Street SPDR S&P Dividend ETF	8.7	35	45	5.7	+2.1
DWLD	Davis Select Worldwide ETF	8.7	63	17	6.5	+2.8
SPVU	Invesco S&P 500 Enhanced Value ETF	8.7	13	67	8.7	+5.0
VUSV	Vanguard Wellington U.S. Value Active ETF	8.7	30	50	5.7	+2.0
EQAL	Invesco Russell 1000 Equal Weight ETF	8.6	20	60	6.1	+2.4
ARTY	iShares Future AI & Tech ETF	8.5	47	33	3.3	-0.4
XLI	The Industrial Select Sector SPDR Fund	8.4	8	72	3.4	-0.3
MOAT	VanEck Morningstar Wide Moat ETF	8.4	46	34	5.1	+1.5
FIDU	Fidelity MSCI Industrial Index ETF	8.4	8	72	3.4	-0.3
TPLC	Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	8.3	52	28	4.8	+1.1
MDLV	Morgan Dempsey Large Cap Value ETF	8.3	58	22	5.7	+2.0
BLKC	Invesco Alerian Galaxy Blockchain Users and Decentralized Co	8.2	61	19	1.5	-2.2
VIS	Vanguard Industrials ETF	8.2	9	71	3.4	-0.3
DVGR	DAC 3D Dividend Growth ETF	8.2	65	15	4.6	+0.9
XITK	State Street SPDR FactSet Innovative Technology ETF	8.1	45	35	0.2	-3.5
VFVA	Vanguard U.S. Value Factor ETF	8.1	13	67	9.3	+5.6
SPRX	Spear Alpha ETF	8.1	75	5	-0.8	-4.5
TOGA	Tremblant Global ETF	8.1	69	11	-0.2	-3.9
AIS	VistaShares Artificial Intelligence Supercycle ETF	8.1	75	5	1.7	-2.0
AGQI	First Trust Active Global Quality Income ETF	8.0	85	-5	6.2	+2.5
IWR	iShares Russell Midcap ETF	8.0	19	61	5.4	+1.7
SMHX	VanEck Fabless Semiconductor ETF	7.9	35	45	2.6	-1.1
IBUY	Amplify Online Retail ETF	7.9	65	15	2.2	-1.5
LSAF	LeaderShares AlphaFactor US Core Equity ETF	7.9	75	5	6.2	+2.5
HRTS	Tema Heart & Health ETF	7.9	75	5	2.7	-1.0
SAGP	Strategas Global Policy Opportunities ETF	7.9	65	15	4.5	+0.8
CLNR	IQ Cleaner Transport ETF	7.9	45	35	3.9	+0.2
BIBL	Inspire 100 ETF	7.9	35	45	4.3	+0.7
DHS	WisdomTree U.S. High Dividend Fund	7.9	38	42	7.9	+4.2
BLOK	Amplify Transformational Data Sharing ETF	7.8	75	5	-0.1	-3.8
LQPE	PEO AlphaQuest Thematic PE ETF	7.7	125	-45	5.3	+1.6
DVY	iShares Select Dividend ETF	7.7	38	42	7.8	+4.1
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	7.7	35	45	5.0	+1.4
IBOT	Vaneck Robotics ETF	7.6	47	33	3.4	-0.3
IXG	iShares Global Financials ETF	7.6	42	38	6.2	+2.5
ETHO	Etho Climate Leadership U.S. ETF	7.5	47	33	4.5	+0.8
FCFY	First Trust S&P 500 Diversified Free Cash Flow ETF	7.5	60	20	9.4	+5.7
QNXT	iShares Nasdaq-100 ex Top 30 ETF	7.5	20	60	4.2	+0.6
MOTO	SmartETFs Smart Transportation & Technology ETF	7.4	68	12	5.5	+1.8
DVOL	First Trust Dorsey Wright Momentum & Low Volatility ETF	7.4	60	20	4.1	+0.4
EXI	iShares Global Industrials ETF	7.3	42	38	3.4	-0.3
UDI	USCF Dividend Income Fund	7.3	65	15	6.6	+2.9
CLOU	Global X Cloud Computing ETF	7.3	68	12	3.1	-0.6
EQRR	ProShares Equities for Rising Rates ETF	7.2	35	45	6.3	+2.6
DIVS	SmartETFs Dividend Builder ETF	7.2	65	15	4.2	+0.5
IWP	iShares Russell Mid-Cap Growth ETF	7.1	23	57	2.7	-1.0
FXH	First Trust Health Care AlphaDEX Fund	7.1	62	18	4.6	+0.9
WDNA	WisdomTree BioRevolution Fund	7.0	45	35	-2.3	-6.0
RPV	Invesco S&P 500 Pure Value ETF	7.0	35	45	8.7	+5.0
CGDG	Capital Group Dividend Growers ETF	6.9	47	33	5.0	+1.3
SNPD	Xtrackers S&P ESG Dividend Aristocrats ETF	6.9	15	65	6.0	+2.3
AIPO	Defiance AI & Power Infrastructure ETF	6.9	69	11	0.9	-2.7
SURE	AdvisorShares Insiders Advantage ETF	6.8	90	-10	8.0	+4.3
NXTG	First Trust Indxx NextG ETF	6.8	70	10	4.5	+0.8
FOWF	Pacer Solactive Whitney Fututre of Warfare ETF	6.8	60	20	3.2	-0.5
SPHD	Invesco S&P 500 High Dividend Low Volatility ETF	6.7	30	50	8.3	+4.6
FLV	American Century Focused Large Cap Value ETF	6.7	42	38	5.8	+2.1
GVLU	Gotham 1000 Value ETF	6.6	50	30	7.9	+4.3
FXO	First Trust Financials AlphaDEX Fund	6.6	62	18	7.9	+4.2
IWS	iShares Russell Mid-Cap Value ETF	6.6	23	57	6.1	+2.4
SIXL	ETC 6 Meridian Low Beta Equity ETF	6.6	80	0	5.7	+2.0
FCTE	SMI 3Fourteen Full-Cycle Trend ETF	6.6	85	-5	4.0	+0.3
PEZ	Invesco Dorsey Wright Consumer Cyclicals Momentum ETF	6.5	60	20	0.7	-3.0
VLUE	iShares MSCI USA Value Factor ETF	6.5	15	65	7.6	+3.9
BMED	Future Health ETF	6.5	85	-5	1.1	-2.6
IYK	iShares U.S. Consumer Staples ETF	6.5	40	40	5.5	+1.8
FMKT	The Free Markets ETF	6.4	76	4	4.0	+0.4
XSW	State Street SPDR S&P Software & Services ETF	6.4	35	45	3.0	-0.7
QDIV	Global X S&P 500 Quality Dividend ETF	6.4	20	60	7.5	+3.8
BOTZ	Global X Robotics & Artificial Intelligence ETF	6.4	69	11	1.7	-2.0
IYG	iShares US Financial Services ETF	6.3	40	40	5.2	+1.5
DDIV	First Trust Dorsey Wright Momentum & Dividend ETF	6.3	60	20	4.6	+0.9
FMTM	MarketDesk Focused U.S. Momentum ETF	6.3	45	35	4.9	+1.2
PJP	Invesco Pharmaceuticals ETF	6.3	57	23	6.8	+3.2
ASLV	Allspring Special Large Value ETF	6.2	35	45	5.0	+1.3
AVMC	Avantis U.S. Mid Cap Equity ETF	6.2	18	62	5.9	+2.2
EBIZ	Global X E-Commerce ETF	6.0	50	30	4.3	+0.6
JDOC	JPMorgan Healthcare Leaders ETF	6.0	65	15	3.3	-0.4
JHMM	John Hancock Multifactor Mid Cap ETF	6.0	42	38	5.3	+1.7
FTDS	First Trust Dividend Strength ETF	5.9	70	10	6.7	+3.0
GCOW	Pacer Global Cash Cows Dividend ETF	5.9	60	20	8.9	+5.2
GTEK	Goldman Sachs Future Tech Leaders Equity ETF	5.9	75	5	2.3	-1.4
FTWO	Strive FAANG 2.0 ETF	5.8	49	31	3.5	-0.2
LYLD	Cambria Large Cap Shareholder Yield ETF	5.8	59	21	8.0	+4.4
TINY	ProShares Nanotechnology ETF	5.8	58	22	1.6	-2.1
PINK	Simplify Health Care ETF	5.8	50	30	0.9	-2.8
DIVL	Madison Dividend Value ETF	5.8	65	15	4.5	+0.8
TAX	Cambria Tax Aware ETF	5.7	49	31	4.1	+0.5
FAB	First Trust Multi Cap Value AlphaDEX Fund	5.7	67	13	8.5	+4.8
UPGD	Invesco Bloomberg Analyst Rating Improvers ETF	5.7	40	40	5.1	+1.4
MEDI	Harbor Health Care ETF	5.7	80	0	-1.4	-5.0
QQLV	Invesco QQQ Low Volatility ETF	5.5	25	55	4.2	+0.5
FLDZ	RiverNorth Patriot ETF	5.5	75	5	5.5	+1.8
BOUT	Innovator IBD Breakout Opportunities ETF	5.5	81	-1	3.1	-0.6
XRT	State Street SPDR S&P Retail ETF	5.4	35	45	7.0	+3.3
DIVZ	TrueShares Low Volatility Equity Income ETF	5.4	65	15	5.6	+1.9
SDG	iShares MSCI Global Sustainable Development Goals ETF	5.3	49	31	4.5	+0.8
SPYA	Twin Oak Endure ETF	5.3	80	0	0.9	-2.8
RSPS	Invesco S&P 500 Equal Weight Consumer Staples ETF	5.3	40	40	6.3	+2.7
FSTA	FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF	5.3	8	72	5.1	+1.4
GXPS	Global X PureCap MSCI Consumer Staples ETF	5.3	25	55	4.4	+0.8
KXI	iShares Global Consumer Staples ETF	5.3	41	39	4.8	+1.2
XLP	The Consumer Staples Select Sector SPDR Fund	5.3	8	72	5.3	+1.6
VDC	Vanguard Consumer Staples ETF	5.3	9	71	5.1	+1.4
KOMP	State Street SPDR S&P Kensho New Economies Composite ETF	5.3	20	60	0.9	-2.8
RSPN	Invesco S&P 500 Equal Weight Industrials ETF	5.2	40	40	4.1	+0.4
PKW	Invesco Buyback Achievers ETF	5.2	62	18	7.0	+3.3
AKRE	Akre Focus ETF	5.2	106	-26	3.9	+0.2
SOCL	Global X Social Media ETF	5.1	65	15	10.8	+7.2
BEEZ	Honeytree U.S. Equity ETF	5.1	64	16	3.4	-0.3
PPH	VanEck Pharmaceutical ETF	5.1	36	44	6.3	+2.6
KIE	State Street SPDR S&P Insurance ETF	5.0	35	45	6.6	+2.9
CANC	Tema Oncology ETF	4.9	75	5	-2.5	-6.2
COWS	Amplify Cash Flow Dividend Leaders ETF	4.9	0	80	7.3	+3.7
JPME	JPMorgan Diversified Return U.S. Mid Cap Equity ETF	4.9	24	56	7.1	+3.4
GNOM	Global X Genomics & Biotechnology ETF	4.9	50	30	-2.8	-6.5
ERTH	Invesco MSCI Sustainable Future ETF	4.9	62	18	2.9	-0.8
GINX	SGI Enhanced Global Income ETF	4.9	98	-18	6.5	+2.8
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastructure	4.9	58	22	3.5	-0.2
WAR	U.S. Global Tech and Aerospace & Defense ETF	4.9	60	20	0.2	-3.5
KBWP	Invesco KBW Property & Casualty Insurance ETF	4.8	35	45	6.9	+3.2
TCAI	Tortoise AI Infrastructure ETF	4.8	65	15	1.7	-2.0
FXD	First Trust Consumer Discretionary AlphaDEX Fund	4.6	61	19	7.1	+3.4
FLOW	Global X U.S. Cash Flow Kings 100 ETF	4.6	25	55	11.3	+7.6
ONEY	State Street SPDR Russell 1000 Yield Focus ETF	4.5	20	60	8.5	+4.8
BULD	Pacer BlueStar Engineering the Future ETF	4.5	60	20	0.4	-3.3
IAK	iShares U.S. Insurance ETF	4.5	40	40	6.7	+3.0
DVLU	First Trust Dorsey Wright Momentum & Value ETF	4.5	60	20	6.3	+2.6
DTEC	ALPS Disruptive Technologies ETF	4.4	50	30	3.7	0.0
SCHD	Schwab US Dividend Equity ETF	4.4	6	74	8.0	+4.3
PFI	Invesco Dorsey Wright Financial Momentum ETF	4.4	60	20	4.8	+1.1
SPDV	AAM S&P 500 High Dividend Value ETF	4.4	29	51	10.6	+6.9
VAMO	Cambria Value & Momentum ETF	4.3	61	19	5.0	+1.3
BLES	Inspire Global Hope ETF	4.3	61	19	5.7	+2.0
PSL	Invesco Dorsey Wright Consumer Staples Momentum ETF	4.3	60	20	5.2	+1.5
XBI	State Street SPDR S&P Biotech ETF	4.3	35	45	-2.6	-6.3
TINT	ProShares Smart Materials ETF	4.3	58	22	5.4	+1.7
FDL	First Trust Morningstar Dividend Leaders Index Fund	4.2	45	35	8.7	+5.0
MEDX	Horizon Kinetics Medical ETF	4.2	85	-5	1.4	-2.3
LVHD	Franklin U.S. Low Volatility High Dividend Index ETF	4.2	27	53	6.2	+2.6
HAIL	State Street SPDR S&P Kensho Smart Mobility ETF	4.2	45	35	-1.5	-5.2
BOTT	Themes Robotics & Automation ETF	4.2	35	45	-3.5	-7.2
XSD	State Street SPDR S&P Semiconductor ETF	4.2	35	45	3.4	-0.3
OCEN	IQ Clean Oceans ETF	4.1	45	35	4.5	+0.8
SMRI	Bushido Capital US Equity ETF	4.1	71	9	8.2	+4.5
RBLD	First Trust Alerian US NextGen Infrastructure ETF	4.1	65	15	3.9	+0.2
SDOG	ALPS Sector Dividend Dogs ETF	4.0	36	44	8.2	+4.5
FXR	First Trust Industrials/Producer Durables AlphaDEX Fund	4.0	61	19	5.4	+1.7
ONLN	ProShares Online Retail ETF	4.0	58	22	1.2	-2.4
SRHQ	SRH U.S. Quality ETF	4.0	35	45	6.5	+2.8
AGNG	Global X Aging Population ETF	4.0	50	30	3.8	+0.1
RCGE	RockCreek Global Equality ETF	4.0	95	-15	5.9	+2.2
IBBQ	Invesco Nasdaq Biotechnology ETF	3.9	19	61	0.3	-3.4
FBT	First Trust NYSE Arca Biotechnology Index Fund	3.9	56	24	2.6	-1.1
BBH	VanEck Biotech ETF	3.9	35	45	4.9	+1.2
IBB	iShares Biotechnology ETF	3.9	45	35	-0.5	-4.2
GDOC	Goldman Sachs Future Health Care Equity ETF	3.9	75	5	0.9	-2.8
ALRG	Allspring LT Large Core ETF	3.9	28	52	3.5	-0.2
WCLD	WisdomTree Cloud Computing Fund	3.9	45	35	1.6	-2.1
DIVY	Sound Equity Dividend Income ETF	3.8	45	35	7.7	+4.0
TRUD	VanEck Consumer Disc TruSector ETF	3.8	14	66	2.8	-0.9
DIV	Global X SuperDividend US ETF	3.8	45	35	9.4	+5.7
CDIG	City Different Investments Global Equity ETF	3.7	75	5	-1.5	-5.2
AVMV	Avantis U.S. Mid Cap Value ETF	3.7	20	60	7.1	+3.4
PBE	Invesco Biotechnology & Genome ETF	3.7	58	22	1.8	-1.9
NUMV	Nuveen ESG Mid-Cap Value ETF	3.7	31	49	5.6	+1.9
HAP	VanEck Natural Resources ETF	3.6	50	30	6.5	+2.8
TPHE	Timothy Plan High Dividend Stock Enhanced ETF	3.6	54	26	5.7	+2.1
GLRY	Inspire Faithward Mid Cap Momentum ETF	3.6	80	0	3.7	-0.0
PPA	Invesco Aerospace & Defense ETF	3.6	58	22	1.6	-2.1
DRNZ	REX Drone ETF	3.6	65	15	-1.6	-5.3
TOKE	Cambria Cannabis ETF	3.6	42	38	0.9	-2.8
FDFF	Fidelity Disruptive Finance ETF	3.5	50	30	5.3	+1.6
MCDS	JPMorgan Fundamental Data Science Mid Core ETF	3.5	35	45	4.9	+1.2
ROBO	ROBO Global Robotics & Automation Index ETF	3.5	95	-15	2.4	-1.3
KCE	State Street SPDR S&P Capital Markets ETF	3.5	35	45	6.0	+2.3
NVIR	Horizon Kinetics Energy and Remediation ETF	3.5	85	-5	5.0	+1.4
RUNN	Running Oak Efficient Growth ETF	3.4	58	22	4.5	+0.8
MOTG	VanEck Morningstar Global Wide Moat ETF	3.3	52	28	7.1	+3.4
CCSO	Carbon Collective Climate Solutions US Equity ETF	3.3	35	45	0.9	-2.8
BITQ	Bitwise Crypto Industry Innovators ETF	3.3	85	-5	-2.5	-6.2
PXI	Invesco Dorsey Wright Energy Momentum ETF	3.3	60	20	5.7	+2.0
FENY	Fidelity MSCI Energy Index ETF	3.3	8	72	7.1	+3.4
EIPI	FT Energy Income Partners Enhanced Income ETF	3.3	110	-30	5.3	+1.6
FTXN	First Trust Nasdaq Oil & Gas ETF	3.3	60	20	9.0	+5.3
GXPE	Global X PureCap MSCI Energy ETF	3.3	25	55	6.9	+3.2
IGE	iShares North American Natural Resources ETF	3.3	41	39	5.5	+1.8
IYE	iShares U.S. Energy ETF	3.3	40	40	6.9	+3.2
VDE	Vanguard Energy ETF	3.3	9	71	7.0	+3.3
NUMG	Nuveen ESG Mid-Cap Growth ETF	3.3	31	49	1.8	-1.9
QQJG	Invesco ESG NASDAQ Next Gen 100 ETF	3.2	20	60	3.9	+0.2
QQQJ	Invesco NASDAQ Next Gen 100 ETF	3.2	15	65	4.2	+0.6
BBP	Virtus LifeSci Biotech Products ETF	3.2	79	1	-4.4	-8.0
PRNT	3D Printing ETF	3.2	66	14	1.3	-2.4
QVAL	Alpha Architect US Quantitative Value ETF	3.2	39	41	9.4	+5.7
WCEO	Hypatia Women CEO ETF	3.2	85	-5	4.9	+1.2
WGMI	Valkyrie Bitcoin Miners ETF	3.1	75	5	-3.4	-7.1
TPHD	Timothy Plan High Dividend Stock ETF	3.1	52	28	5.8	+2.1
HYP	Golden Eagle Dynamic Hypergrowth ETF	3.0	85	-5	-0.8	-4.5
FXN	First Trust Energy AlphaDEX Fund	3.0	62	18	10.9	+7.2
AESR	Anfield U.S. Equity Sector Rotation ETF	3.0	108	-28	3.1	-0.6
MNRS	Grayscale Bitcoin Miners ETF	3.0	59	21	-2.8	-6.4
NBCT	Neuberger Berman Carbon Transition Infrastructure ETF	3.0	55	25	4.9	+1.2
SNSR	Global X Internet of Things ETF	3.0	68	12	4.0	+0.3
FDHT	Fidelity Digital Health ETF	3.0	39	41	1.7	-2.0
IDGT	iShares U.S. Digital Infrastructure and Real Estate ETF	2.9	41	39	5.1	+1.4
IHE	iShares U.S. Pharmaceuticals ETF	2.9	40	40	4.6	+1.0
XPH	State Street SPDR S&P Pharmaceuticals ETF	2.9	35	45	-1.8	-5.5
CVY	Invesco Zacks Multi-Asset Income ETF	2.9	106	-26	9.8	+6.1
HELX	Franklin Genomic Advancements ETF	2.9	50	30	-1.4	-5.1
RSPG	Invesco S&P 500 Equal Weight Energy ETF	2.9	40	40	8.7	+5.0
IXC	iShares Global Energy ETF	2.9	44	36	7.8	+4.1
XLE	The Energy Select Sector SPDR Fund	2.9	8	72	7.1	+3.5
MID	American Century Mid Cap Growth Impact ETF	2.9	45	35	2.8	-0.9
PSIL	AdvisorShares Psychedelics ETF	2.9	99	-19	-1.9	-5.6
DGLO	First Trust RBA Deglobalization ETF	2.9	70	10	5.3	+1.6
BPAY	BlackRock Future Financial and Technology ETF	2.9	70	10	5.5	+1.8
BLCN	Siren ETF Trust Siren Nasdaq NexGen Economy ETF	2.8	68	12	0.7	-3.0
LOUP	Innovator Deepwater Frontier Tech ETF	2.8	70	10	1.0	-2.7
TMDV	ProShares Russell US Dividend Growers ETF	2.8	35	45	5.9	+2.2
BUL	Pacer US Cash Cows Growth ETF	2.8	60	20	3.3	-0.4
SATO	Invesco Alerian Galaxy Crypto Economy ETF	2.8	61	19	-0.7	-4.4
OZEM	Roundhill GLP-1 & Weight Loss ETF	2.8	59	21	4.5	+0.8
TXS	Texas Capital Texas Equity Index ETF	2.8	49	31	5.0	+1.3
TEXN	iShares Texas Equity ETF	2.8	20	60	5.3	+1.6
NFRA	FlexShares STOXX Global Broad Infrastructure Index Fund	2.7	47	33	4.8	+1.1
HTEC	ROBO Global Healthcare Technology and Innovation ETF	2.7	68	12	2.3	-1.4
ECML	Euclidean Fundamental Value ETF	2.7	95	-15	8.9	+5.2
SMOT	VanEck Morningstar SMID Moat ETF	2.7	49	31	6.3	+2.6
EIPX	FT Energy Income Partners Strategy ETF	2.7	95	-15	5.9	+2.2
BNGE	First Trust S-Network Streaming and Gaming ETF	2.7	70	10	2.9	-0.8
ETEC	iShares Breakthrough Environmental Solutions ETF	2.7	47	33	2.8	-0.9
CNRG	State Street SPDR S&P Kensho Clean Power ETF	2.7	45	35	-0.0	-3.7
ZIG	Acquirers Fund	2.6	84	-4	19.5	+15.8
DTCR	Global X Data Center & Digital Infrastructure ETF	2.6	50	30	3.9	+0.2
SYLD	Cambria Shareholder Yield ETF	2.6	59	21	10.3	+6.6
GUNR	FlexShares Morningstar Global Upstream Natural Resources Ind	2.5	46	34	7.4	+3.7
SDVY	First Trust SMID Cap Rising Dividend Achievers ETF	2.5	60	20	5.5	+1.8
WBIY	WBI Power Factor High Dividend ETF	2.5	100	-20	11.8	+8.1
IPAY	ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund	2.5	75	5	5.8	+2.2
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ETF	2.5	7	73	9.8	+6.1
AWAY	ETFMG Travel Tech ETF	2.4	76	4	1.1	-2.6
FRNW	Fidelity Clean Energy ETF	2.4	39	41	1.9	-1.8
NUKZ	Range Nuclear Renaissance Index ETF	2.4	85	-5	1.2	-2.5
POWR	iShares U.S. Power Infrastructure ETF	2.4	40	40	3.9	+0.2
VOLT	Tema Electrification ETF	2.4	75	5	2.6	-1.1
POW	VistaShares Electrification Supercycle ETF	2.4	75	5	2.4	-1.3
FXG	First Trust Consumer Staples AlphaDEX Fund	2.4	63	17	7.5	+3.8
PBJ	Invesco Food & Beverage ETF	2.4	57	23	7.3	+3.6
GNR	SPDR S&P Global Natural Resources ETF	2.4	40	40	8.2	+4.5
NANR	SPDR S&P North American Natural Resources ETF	2.4	35	45	6.1	+2.4
MISL	First Trust Indxx Aerospace & Defense ETF	2.3	60	20	1.5	-2.2
ITA	iShares U.S. Aerospace & Defense ETF	2.3	40	40	1.3	-2.4
XAR	State Street SPDR S&P Aerospace & Defense ETF	2.3	35	45	1.6	-2.1
NATO	Themes Transatlantic Defense ETF	2.3	35	45	1.6	-2.1
WBAT	WisdomTree Battery Value Chain and Innovation Fund	2.3	45	35	-0.9	-4.6
PEY	Invesco High Yield Equity Dividend Achievers ETF	2.3	52	28	9.0	+5.3
HOMZ	Hoya Capital Housing ETF	2.2	30	50	9.2	+5.5
FAN	First Trust Global Wind Energy ETF	2.2	60	20	2.9	-0.8
IVRA	Invesco Real Assets ESG ETF	2.2	59	21	5.4	+1.7
MVAL	VanEck Morningstar Wide Moat Value ETF	2.1	49	31	5.6	+2.0
PRN	Invesco Dorsey Wright Industrials Momentum ETF	2.1	60	20	1.2	-2.5
IAI	iShares U.S. Broker-Dealers & Securities Exchanges ETF	2.1	40	40	4.1	+0.4
BEDZ	AdvisorShares Hotel ETF	2.0	100	-20	5.4	+1.7
IYZ	iShares U.S. Telecommunications ETF	1.9	40	40	6.2	+2.5
XTL	State Street SPDR S&P Telecom ETF	1.9	35	45	2.1	-1.6
XHS	State Street SPDR S&P Health Care Services ETF	1.9	35	45	4.0	+0.3
SPIT	F/m Emerald Special Situations ETF	1.9	105	-25	-0.7	-4.4
MFVL	Motley Fool Value Factor ETF	1.8	50	30	5.4	+1.7
ABEQ	Absolute Select Value ETF	1.8	85	-5	4.1	+0.4
FITE	State Street SPDR S&P Kensho Future Security ETF	1.8	45	35	1.3	-2.4
XOP	State Street SPDR S&P Oil & Gas Exploration & Production ETF	1.8	35	45	10.9	+7.2
DRLL	Strive U.S. Energy ETF	1.8	41	39	8.2	+4.5
RNIN	Bushido Capital US SMID Cap Equity ETF	1.8	70	10	11.3	+7.6
FTXR	First Trust Nasdaq Transportation ETF	1.8	60	20	6.5	+2.8
TNUK	Tortoise Nuclear Renaissance ETF	1.8	75	5	0.6	-3.1
LNGX	Global X U.S. Natural Gas ETF	1.8	45	35	10.3	+6.6
KBWB	Invesco KBW Bank ETF	1.7	35	45	6.7	+3.0
GSIB	Themes Global Systemically Important Banks ETF	1.7	35	45	8.7	+5.0
CWS	AdvisorShares Focused Equity ETF	1.7	84	-4	4.5	+0.8
IQRA	IQ CBRE Real Assets ETF	1.7	65	15	5.6	+1.9
VXF	Vanguard Extended Market ETF	1.7	5	75	3.9	+0.2
FPWR	First Trust EIP Power Solutions ETF	1.7	96	-16	4.3	+0.6
THNR	Amplify Weight Loss Drug & Treatment ETF	1.7	59	21	5.1	+1.5
ARKG	ARK Genomic Revolution ETF	1.7	75	5	-2.3	-6.0
RNMC	First Trust Mid Cap US Equity Select ETF	1.7	60	20	6.2	+2.5
MADE	iShares U.S. Manufacturing ETF	1.6	40	40	3.3	-0.3
TMFX	Motley Fool Next Index ETF	1.6	50	30	2.9	-0.8
ESPO	VanEck Video Gaming and eSports ETF	1.6	56	24	6.1	+2.4
HERO	Global X Video Games & Esports ETF	1.6	50	30	5.4	+1.7
NERD	Roundhill Video Games ETF	1.6	50	30	7.2	+3.5
ODDS	Pacer BlueStar Digital Entertainment ETF	1.6	60	20	4.5	+0.8
HWSM	Hotchkis & Wiley SMID Cap Diversified Value ETF	1.6	55	25	8.7	+5.1
ADIV	SmartETFs Asia Pacific Dividend Builder ETF	1.6	78	2	9.3	+5.7
SHLD	Global X Defense Tech ETF	1.6	50	30	2.4	-1.3
GDFN	Tema International Defense Innov ETF	1.6	75	5	2.3	-1.4
JEDI	Defiance Drone and Modern Warfare ETF	1.6	69	11	1.2	-2.5
IDNA	iShares Genomics Immunology and Healthcare ETF	1.5	47	33	-0.3	-3.9
FDIG	Fidelity Crypto Industry and Digital Payments ETF	1.5	39	41	-1.3	-5.0
PAWZ	ProShares Pet Care ETF	1.5	50	30	3.5	-0.2
PRFZ	Invesco FTSE RAFI US 1500 Small-Mid ETF	1.5	39	41	2.4	-1.3
WDIV	SPDR S&P Global Dividend ETF	1.5	40	40	8.7	+5.1
JETS	U.S. Global Jets ETF	1.5	60	20	2.2	-1.5
CCNR	ALPS CoreCommodity Natural Resources ETF	1.5	39	41	8.0	+4.3
AMZA	InfraCap MLP ETF	1.5	164	-84	6.0	+2.3
TOLZ	ProShares DJ Brookfield Global Infrastructure ETF	1.5	46	34	4.9	+1.3
UMI	USCF Midstream Energy Income Fund ETF	1.5	85	-5	4.0	+0.4
ENFR	Alerian Energy Infrastructure ETF	1.5	35	45	4.5	+0.8
EMLP	First Trust North American Energy Infrastructure Fund	1.5	95	-15	4.6	+0.9
EINC	VanEck Energy Income ETF	1.5	48	32	4.6	+0.9
MLPX	Global X MLP & Energy Infrastructure ETF	1.5	45	35	4.4	+0.7
IGF	iShares Global Infrastructure ETF	1.5	41	39	4.0	+0.4
GII	SPDR S&P Global Infrastructure ETF	1.5	40	40	4.1	+0.4
TPYP	Tortoise North American Pipeline Fund	1.5	40	40	5.0	+1.3
USAI	Pacer American Energy Independence ETF	1.5	75	5	3.6	-0.1
USNG	Amplify Samsung U.S. Natural Gas Infrastructure ETF	1.5	59	21	3.2	-0.4
MLPI	NEOS MLP & Engy Infras Hi Inc ETF	1.5	68	12	4.1	+0.4
TMLP	Tortoise MLP ETF	1.5	50	30	6.7	+3.0
DFNL	Davis Select Financial ETF	1.4	63	17	7.1	+3.4
SMIG	AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF	1.4	60	20	4.9	+1.2
CIBR	First Trust NASDAQ Cybersecurity ETF	1.4	60	20	4.7	+1.0
HACK	ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund	1.4	60	20	3.5	-0.2
SGRT	SMART Earnings Growth 30 ETF	1.4	59	21	2.7	-1.0
CZA	Invesco Zacks Mid-Cap ETF	1.4	72	8	5.8	+2.1
DAT	ProShares Big Data Refiners ETF	1.4	58	22	3.3	-0.4
VFLO	VictoryShares Free Cash Flow ETF	1.3	39	41	7.9	+4.3
STCE	Schwab Crypto Thematic ETF	1.3	30	50	3.1	-0.6
KBE	State Street SPDR S&P Bank ETF	1.3	35	45	8.3	+4.6
COPY	Tweedy, Browne Insider + Value ETF	1.3	80	0	14.8	+11.1
FSCS	First Trust SMID Capital Strength ETF	1.3	60	20	6.5	+2.8
FMED	Fidelity Disruptive Medicine ETF	1.3	50	30	-1.2	-4.9
CVAR	Cultivar ETF	1.2	87	-7	6.7	+3.0
CBSE	Clough Select Equity ETF	1.2	85	-5	0.4	-3.3
PEJ	Invesco Leisure and Entertainment ETF	1.2	58	22	0.9	-2.8
SSUS	Day Hagan/Ned Davis Research Smart Sector ETF	1.2	79	1	3.6	-0.1
ITB	iShares U.S. Home Construction ETF	1.1	40	40	9.9	+6.2
XHB	State Street SPDR S&P Homebuilders ETF	1.1	35	45	9.4	+5.7
MAKX	ProShares S&P Kensho Smart Factories ETF	1.1	58	22	1.4	-2.3
BESF	Bastion Energy ETF	1.1	80	0	9.4	+5.7
EVX	VanEck Environmental Services ETF	1.1	55	25	3.7	+0.0
FFSM	Fidelity Fundamental Small-Mid Cap ETF	1.0	43	37	4.9	+1.2
INFL	Horizon Kinetics Inflation Beneficiaries ETF	1.0	85	-5	2.7	-1.0
FTIF	First Trust Bloomberg Inflation Sensitive Equity ETF	1.0	60	20	8.0	+4.3
VCLN	Virtus Duff & Phelps Clean Energy ETF	1.0	59	21	2.5	-1.2
IFRA	iShares U.S. Infrastructure ETF	1.0	30	50	5.5	+1.8
FGD	First Trust Dow Jones Global Select Dividend Index Fund	1.0	56	24	9.3	+5.6
EATZ	AdvisorShares Restaurant ETF	1.0	101	-21	4.6	+0.9
GRNJ	Fundstrat Granny Shts US Sm- &Mid-CapETF	0.9	75	5	2.0	-1.7
FEOE	First Eagle Overseas Equity ETF	0.9	79	1	5.8	+2.1
FXU	First Trust Utilities AlphaDEX Fund	0.9	64	16	5.0	+1.4
IDU	iShares U.S. Utilities ETF	0.9	40	40	4.2	+0.5
PBW	Invesco WilderHill Clean Energy ETF	0.9	66	14	-3.1	-6.8
FNDA	Schwab Fundamental US Small Co. Index ETF	0.8	25	55	6.1	+2.4
AFMC	First Trust Active Factor Mid Cap ETF	0.8	65	15	7.1	+3.4
CRPT	First Trust SkyBridge Crypto Industry & Digital Economy ETF	0.8	85	-5	0.0	-3.7
RNSC	Furst Trust Small Cap US Equity Select ETF	0.8	60	20	4.4	+0.8
FSGS	First Trust SMID Growth Strength ETF	0.8	60	20	4.8	+1.1
TMFM	Motley Fool Mid-Cap Growth ETF	0.8	85	-5	1.9	-1.8
FTXG	First Trust Nasdaq Food & Beverage ETF	0.7	60	20	7.1	+3.5
MOO	VanEck Agribusiness ETF	0.7	53	27	8.2	+4.6
SRVR	Pacer Data & Infrastructure Real Estate ETF	0.7	55	25	3.7	+0.0
FDRV	Fidelity Electric Vehicles and Future Transportation ETF	0.7	39	41	1.1	-2.6
SMAP	Amplify Small-Mid Cap Equity ETF	0.6	60	20	4.3	+0.7
CALF	Pacer US Small Cap Cash Cows 100 ETF	0.6	59	21	9.3	+5.6
PYZ	Invesco Dorsey Wright Basic Materials Momentum ETF	0.6	60	20	3.8	+0.1
RSPM	Invesco S&P 500 Equal Weight Materials ETF	0.6	40	40	5.3	+1.6
FMAT	Fidelity MSCI Materials Index ETF	0.6	8	72	4.7	+1.0
FTAG	First Trust Indxx Global Agriculture ETF	0.6	70	10	6.6	+2.9
FTRI	First Trust Indxx Global Natural Resources Income ETF	0.6	70	10	5.9	+2.2
KROP	Global X AgTech & Food Innovation ETF	0.6	50	30	6.3	+2.6
MXI	iShares Global Materials ETF	0.6	41	39	5.6	+1.9
VEGI	iShares MSCI Agriculture Producers ETF	0.6	39	41	7.0	+3.3
XLB	The Materials Select Sector SPDR Fund	0.6	8	72	5.1	+1.5
VAW	Vanguard Materials ETF	0.6	9	71	4.7	+1.0
IYT	iShares US Transportation ETF	0.6	40	40	4.3	+0.6
XTN	State Street SPDR S&P Transportation ETF	0.6	35	45	3.5	-0.2
EKG	First Trust Nasdaq Lux Digital Health Solutions ETF	0.6	65	15	0.5	-3.2
HEAL	Global X HealthTech ETF	0.6	50	30	-1.4	-5.1
IHF	iShares U.S. Healthcare Providers ETF	0.6	40	40	7.8	+4.2
SMLF	iShares U.S. SmallCap Equity Factor ETF	0.5	15	65	5.0	+1.4
BCDF	Horizon Kinetics Blockchain Development ETF	0.5	85	-5	3.8	+0.1
DTAN	Sparkline International Intangible Value ETF	0.5	55	25	6.8	+3.1
SFYX	SoFi Next 500 ETF	0.4	0	80	5.0	+1.3
FDLS	Inspire Fidelis Multi Factor ETF	0.4	76	4	3.3	-0.4
WCBR	WisdomTree Cybersecurity Fund	0.4	45	35	3.0	-0.7
PKB	Invesco Building & Construction ETF	0.4	62	18	3.1	-0.6
BUG	Global X Cybersecurity ETF	0.3	51	29	3.4	-0.3
IHAK	iShares Cybersecurity & Tech ETF	0.3	47	33	4.5	+0.8
AMID	Argent Mid Cap ETF Argent Mid Cap ETF	0.3	52	28	4.8	+1.1
SPAM	Themes Cybersecurity ETF	0.3	35	45	2.8	-0.9
FTXO	First Trust Nasdaq Bank ETF	0.3	60	20	7.3	+3.6
RDIV	Invesco S&P Ultra Dividend Revenue ETF	0.3	39	41	9.6	+5.9
PXE	Invesco Energy Exploration & Production ETF	0.3	60	20	12.8	+9.1
VRAI	Virtus Real Asset Income ETF	0.3	55	25	8.6	+5.0
FCG	First Trust Natural Gas ETF	0.3	60	20	14.4	+10.7
IEO	iShares U.S. Oil & Gas Exploration & Production ETF	0.3	40	40	10.6	+6.9
ROKT	State Street SPDR S&P Kensho Final Frontiers ETF	0.3	45	35	0.9	-2.8
UFO	Procure Space ETF	0.3	75	5	0.1	-3.6
EV	Mast Global Battery Recycling & Production ETF	0.3	65	15	6.2	+2.5
KARS	KraneShares Electric Vehicles & Future Mobility Index ETF	0.3	72	8	2.1	-1.5
ACES	ALPS Clean Energy ETF	0.3	55	25	-2.6	-6.3
QCLN	First Trust Nasdaq Clean Edge Green Energy Index Fund	0.3	58	22	-2.0	-5.6
SMOG	VanEck Low Carbon Energy ETF	0.3	61	19	1.2	-2.5
LIT	Global X Lithium & Battery Tech ETF	0.3	75	5	5.3	+1.6
IDRV	iShares Self-driving EV & Tech ETF	0.3	47	33	1.3	-2.4
BATT	Amplify Lithium & Battery Technology ETF	0.3	59	21	1.9	-1.8
CGRO	CoreValues Alpha Greater China Growth ETF	0.3	75	5	4.0	+0.3
BCOR	Grayscale Bitcoin Adopters ETF	0.3	59	21	1.9	-1.8
PTH	Invesco Dorsey Wright Healthcare Momentum ETF	0.2	60	20	-1.8	-5.4
EBLU	Ecofin Global Water ESG Fund	0.2	40	40	4.0	+0.4
CGW	Invesco S&P Global Water Index ETF	0.2	57	23	4.0	+0.4
CSD	Invesco S&P Spin-Off ETF	0.2	65	15	3.9	+0.2
PHO	Invesco Water Resources ETF	0.2	60	20	4.4	+0.7
PIO	Invesco Global Water ETF	0.2	75	5	3.8	+0.2
FIW	First Trust Water ETF	0.2	53	27	4.5	+0.8
SIMS	State Street SPDR S&P Kensho Intelligent Structures ETF	0.2	45	35	4.2	+0.5
TBLU	Tortoise Global Water ESG ETF	0.2	40	40	4.0	+0.3
PUI	Invesco Dorsey Wright Utilities Momentum ETF	0.2	60	20	4.2	+0.5
SUPL	ProShares Supply Chain Logistics ETF	0.2	58	22	7.6	+3.9
PAVE	Global X U.S. Infrastructure Development ETF	0.2	47	33	4.1	+0.4
ABLD	Abacus FCF Real Assets Leaders ETF	0.2	69	11	5.9	+2.2
SHPP	Pacer Industrials and Logistics ETF	0.2	60	20	6.7	+3.0
HWAY	Themes US Infrastructure ETF	0.2	29	51	4.5	+0.9
PSR	Invesco Active U.S. Real Estate Fund	0.1	35	45	7.1	+3.4
RSPR	Invesco S&P 500 Equal Weight Real Estate ETF	0.1	40	40	7.5	+3.9
AVRE	Avantis Real Estate ETF	0.1	17	63	6.7	+3.0
BBRE	JPMorgan BetaBuilders MSCI U.S. REIT ETF	0.1	11	69	7.1	+3.4
FREL	Fidelity MSCI Real Estate Index ETF	0.1	8	72	6.9	+3.2
GQRE	FlexShares Global Quality Real Estate Index Fund	0.1	45	35	7.1	+3.4
JPRE	JPMorgan Realty Income ETF	0.1	50	30	6.9	+3.2
DFAR	Dimensional US Real Estate ETF	0.1	19	61	7.2	+3.6
DFGR	Dimensional Global Real Estate ETF	0.1	22	58	6.9	+3.2
FRI	First Trust S&P REIT Index Fund	0.1	50	30	6.6	+2.9
DESK	VanEck Office and Commercial REIT ETF	0.1	50	30	14.7	+11.0
SCHH	Schwab U.S. REIT ETF	0.1	7	73	7.2	+3.6
ERET	iShares Environmentally Aware Real Estate ETF	0.1	30	50	6.6	+2.9
ICF	iShares Cohen & Steers REIT ETF	0.1	33	47	7.2	+3.5
IYR	iShares U.S. Real Estate ETF	0.1	40	40	6.8	+3.1
REET	iShares Global REIT ETF	0.1	14	66	6.9	+3.2
USRT	iShares Core U.S. REIT ETF	0.1	8	72	7.0	+3.4
RWO	SPDR Dow Jones Global Real Estate ETF	0.1	50	30	6.2	+2.5
RWR	State Street SPDR Dow Jones REIT ETF	0.1	25	55	6.7	+3.1
XLRE	Real Estate Select Sector SPDR Fund	0.1	8	72	7.0	+3.4
PPTY	US Diversified Real Estate ETF	0.1	53	27	7.6	+4.0
RITA	ETFB Green SRI REITs ETF	0.1	50	30	5.4	+1.8
VGSR	Vert Global Sustainable Real Estate ETF	0.1	47	33	6.9	+3.2
VNQ	Vanguard Real Estate ETF	0.1	13	67	6.7	+3.0
BBMC	JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	0.1	7	73	5.4	+1.7
FSMD	Fidelity Small-Mid Multifactor ETF	0.1	15	65	6.6	+2.9
IPO	Renaissance IPO ETF	0.1	60	20	2.0	-1.7
PDN	Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF	0.1	49	31	5.7	+2.0
AVSD	Avantis Responsible International Equity ETF	0.0	23	57	5.7	+2.0
TEKX	SPDR Galaxy Transformative Tech Accelerators ETF	0.0	65	15	0.0	-3.7

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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:	Rayliant Quantitative Developed Market Equity 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	26.6	%
Divided by: Fwd. P/BV	6.0	x
Less: Expense ratio	80	bp
Equals: ALTAR Score	3.7	%

More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS

COMPOSITE RATING	1.52	CATEGORY AVERAGE	1.64

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.