ETF Research Center

Vanguard S&P Small-Cap 600 Value ETF

ALTAR
Score™

11.0%

Recommen-
dation

SPECULATIVE

2025E 2026E
P/E ratio	11.8x	P/Sales ratio	0.8x
P/BV ratio	1.1x	Div. yield	2.4%

Description
Performance
Comps
Fundamentals
Valuation
Rating

Vanguard S&P Small-Cap 600 Value ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the S&P Small-Cap 600 Index.

FUND BASICS
Category	US Equities
Fund Sponsor	Vanguard Group Inc/The
Website	www.vanguard.com
Inception date	Sep 07, 2010
Assets (mns)	$1,121
Currency	USD
Expense ratio	15 bp
Distributions	Quarterly

FUND STRUCTURE
Regulation	Open-Ended Fund
Custodian	Bank of New York Mellon
Weighting	Market Cap
Index replication	Full
Uses derivatives	No
Options available	Yes

SECTOR BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	468
Wgt avg mkt cap (mns)	$2,462
Large cap (>$10bn)	0.0%
Mid cap ($2-10bn)	56.8%
Small cap (<$2bn)	43.1%
Developed mkts	100.0%
Emerging mkts	0.0%

TOP TEN HOLDINGS
Total	9.9 %
MR. COOPER GROUP, INC.	1.2 %
BORGWARNER INC	1.1 %
QORVO INC	1.1 %
JACKSON FINANCIAL INCORPORATION CL	1.0 %
TELEFLEX INC	1.0 %
LINCOLN NATIONAL CORP	0.9 %
CELANESE CORP-SERIES A	0.9 %
AIR LEASE CORP	0.9 %
SANDISK CORP/DE	0.9 %
MERITAGE HOMES CORP	0.8 %

TOP COUNTRY EXPOSURE
	UNITED STATES	91.8 %
	BERMUDA	1.2 %
	IRELAND	0.5 %
	PUERTO RICO	0.5 %
	BRITAIN	0.4 %

HISTORICAL PERFORMANCE info

	Custom date range	Compare to
	thru

Standardized Annual Returns (thru April 30)
Year-to-date	1 year	5 years	10 years	Since Incep.
-15.1%	-2.7%	12.0%	6.4%	9.8%

Market Correlations
versus...	Beta	R-squared
S&P500	1.05	20%
MSCI EAFE	0.95	17%
MSCI Emg. Mkts.	0.54	5%

Technical Indicators
Recent close	$81.35
30d moving avg.	$78.30
Annualized volatility	39.5%
Short interest (ETF)	0.5%
Short interest (Underlying)	9.7%
Relative strength (RSI)	48

Liquidity measures
Avg. volume (thou.)	97
Turnover	0.7%
Bid/Ask (% of price)	0.11%
ADV underlying (mns)	$7,849

Distributions

FINDING ALTERNATIVE FUNDS

Below is a list of 745 potential alternatives to the Vanguard S&P Small-Cap 600 Value ETF ETF based on the alternatives' overlap in portfolio holdings with VIOV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker:

VIOV

Expense:

15 bp

ALTAR Score™:

11.0%

ALTERNATIVE ETFs BASED ON OVERLAP WITH VIOV
Ticker	Fund Name	Overlap¹ vs VIOV (%)	Expense ratio (bp)	Savings vs VIOV (bp)	ALTAR Score™ (%)	ALTAR vs VIOV (%)
IJS	iShares S&P Small-Cap 600 Value ETF	93.8	18	-3	11.0	0.0
SLYV	SPDR S&P 600 Small Cap Value ETF	93.5	15	0	11.0	+0.0
IJR	iShares Core S&P Small Cap ETF	62.3	6	9	8.4	-2.6
VIOO	Vanguard S&P Small-Cap 600 ETF	60.5	10	5	8.4	-2.6
SPSM	SPDR Portfolio S&P 600 Small Cap ETF	59.9	3	12	8.4	-2.5
XJR	iShares ESG Screened S&P Small-Cap ETF	59.5	12	3	8.0	-3.0
QVMS	Invesco S&P SmallCap 600 QVM Multi-factor ETF	58.7	15	0	8.5	-2.4
ESIX	SPDR S&P SmallCap 600 ESG ETF	57.6	12	3	9.0	-1.9
RWJ	Invesco S&P SmallCap 600 Revenue ETF	53.7	39	-24	10.5	-0.4
VTWV	Vanguard Russell 2000 Value ETF	38.4	15	0	8.4	-2.5
IWN	iShares Russell 2000 Value ETF	38.4	24	-9	8.4	-2.5
AVSC	Avantis U.S Small Cap Equity ETF	38.4	25	-10	6.6	-4.4
BBSC	JPMorgan BetaBuilders U.S. Small Cap Equity ETF	36.0	9	6	4.9	-6.0
EES	WisdomTree U.S. SmallCap Fund	35.5	38	-23	9.7	-1.3
FYX	First Trust Small Cap Core AlphaDEX Fund	34.4	61	-46	6.9	-4.0
JPSE	JPMorgan Diversified Return U.S. Small Cap Equity ETF	34.2	29	-14	9.3	-1.7
FYT	First Trust Small Cap Value AlphaDEX Fund	33.6	73	-58	12.2	+1.3
DES	WisdomTree U.S. SmallCap Dividend Fund	33.1	38	-23	9.9	-1.0
CSA	VictoryShares US Small Cap Volatility Wtd ETF	32.9	35	-20	8.1	-2.9
TPSC	Timothy Plan US Small Cap Core ETF	32.6	52	-37	7.4	-3.6
DFSV	Dimensional US Small Cap Value ETF	32.4	31	-16	11.4	+0.4
RZV	Invesco S&P Smallcap 600 Pure Value ETF	31.0	35	-20	12.0	+1.1
DFAT	Dimensional U.S. Targeted Value ETF	29.6	28	-13	10.4	-0.5
PSCF	Invesco S&P SmallCap Financials ETF	29.0	29	-14	10.1	-0.9
IJT	iShares S&P Small-Cap 600 Growth ETF	28.6	18	-3	6.0	-5.0
XSVM	Invesco S&P SmallCap Value with Momentum ETF	28.2	36	-21	12.9	+1.9
VIOG	Vanguard S&P Small-Cap 600 Growth ETF	28.1	15	0	6.0	-5.0
ISMD	Inspire Small/Mid Cap ETF	28.1	54	-39	6.4	-4.6
SLYG	SPDR S&P 600 Small Cap Growth ETF	28.0	15	0	6.0	-5.0
AVUV	Avantis U.S. Small Cap Value ETF	27.7	25	-10	11.0	+0.1
FNDA	Schwab Fundamental US Small Co. Index ETF	27.6	25	-10	8.6	-2.4
GSSC	Goldman Sachs Activebeta U.S. Small Cap Equity ETF	27.4	20	-5	6.3	-4.6
RSSL	Global X Russell 2000 ETF	27.4	8	7	5.0	-6.0
VTWO	Vanguard Russell 2000 ETF	27.3	10	5	5.0	-6.0
IWM	iShares Russell 2000 ETF	27.2	19	-4	5.0	-6.0
PRFZ	Invesco FTSE RAFI US 1500 Small-Mid ETF	26.7	39	-24	7.0	-4.0
BKSE	BNY Mellon US Small Cap Core Equity ETF	25.1	4	11	6.6	-4.3
ISCV	iShares Morningstar Small Cap Value ETF	24.9	6	9	10.1	-0.9
FLQS	Franklin U.S. Small Cap Multifactor Index ETF	24.9	35	-20	10.2	-0.8
STXK	Strive Small-Cap ETF	23.9	18	-3	6.7	-4.3
SVAL	iShares US Small Cap Value Factor ETF	22.7	20	-5	11.6	+0.6
PSC	Principal U.S. Small-Cap ETF	22.5	38	-23	7.3	-3.7
SMLV	SPDR SSGA US Small Cap Low Volatility Index ETF	21.8	12	3	7.8	-3.2
BSVO	EA Bridgeway Omni Small-Cap Value ETF	21.4	47	-32	10.3	-0.7
OMFS	Invesco Russell 2000 Dynamic Multifactor ETF	21.3	39	-24	6.3	-4.6
SCHA	Schwab U.S. Small-Cap ETF	21.3	4	11	6.8	-4.2
XSLV	Invesco S&P SmallCap Low Volatility ETF	21.2	25	-10	8.0	-2.9
DFAS	Dimensional U.S. Small Cap ETF	20.7	26	-11	7.1	-3.9
USVM	VictoryShares US Small Mid Cap Value Momentum ETF	20.2	25	-10	8.6	-2.4
FESM	Fidelity Enhanced Small Cap ETF	20.2	28	-13	8.4	-2.6
ROSC	Hartford Multifactor Small Cap ETF	18.1	34	-19	10.4	-0.5
ESML	iShares ESG Aware MSCI USA Small-Cap ETF	17.4	17	-2	6.4	-4.6
ISCB	iShares Morningstar Small-Cap ETF	17.4	4	11	6.6	-4.3
SMDX	Intech S&P Small-Mid Cap Divers Alp ETF	16.5	35	-20	7.5	-3.5
VBR	Vanguard Small Cap Value ETF	16.3	7	8	9.8	-1.1
VFVA	Vanguard U.S. Value Factor ETF	16.2	13	2	12.1	+1.1
AFSM	First Trust Active Factor Small Cap ETF	16.2	75	-60	8.0	-3.0
FAB	First Trust Multi Cap Value AlphaDEX Fund	16.1	67	-52	11.0	0.0
JMEE	JPMorgan Market Expansion Enhanced Equity ETF	16.0	24	-9	8.4	-2.6
NUSC	Nuveen ESG Small-Cap ETF	15.9	31	-16	5.8	-5.1
DGRS	WisdomTree US Smallcap Quality Dividend Growth Fund	15.8	38	-23	10.9	-0.0
CALF	Pacer US Small Cap Cash Cows 100 ETF	14.9	59	-44	12.1	+1.2
DSMC	Distillate Small/Mid Cash Flow ETF	14.8	55	-40	14.2	+3.3
HAPS	Harbor Human Capital Factor US Small Cap ETF	14.8	60	-45	4.5	-6.5
PSCI	Invesco S&P SmallCap Industrials ETF	14.6	29	-14	6.1	-4.9
VTWG	Vanguard Russell 2000 Growth ETF	14.2	15	0	1.6	-9.4
IWO	iShares Russell 2000 Growth ETF	14.2	24	-9	1.5	-9.5
PSCD	Invesco S&P SmallCap Consumer Discretionary ETF	14.1	29	-14	11.7	+0.8
FSMD	Fidelity Small-Mid Multifactor ETF	14.1	15	0	7.6	-3.4
SQLV	Royce Quant Small-Cap Quality Value ETF	13.8	60	-45	10.5	-0.5
SMLF	iShares U.S. SmallCap Equity Factor ETF	13.7	15	0	6.9	-4.1
CSB	VictoryShares US Small Cap High Dividend Volatility Wtd ETF	13.6	35	-20	9.9	-1.1
XSHQ	Invesco S&P SmallCap Quality ETF	12.9	29	-14	8.7	-2.2
XSMO	Invesco S&P SmallCap Momentum ETF	12.7	39	-24	6.1	-4.9
ETHO	Etho Climate Leadership U.S. ETF	12.5	47	-32	6.0	-5.0
SMDV	ProShares Russell 2000 Dividend Growers ETF	12.0	40	-25	7.7	-3.3
VB	Vanguard Small-Cap ETF	11.8	5	10	6.6	-4.3
VXF	Vanguard Extended Market ETF	11.8	6	9	5.3	-5.7
NIXT	Research Affiliates Deletions ETF	11.6	9	6	6.1	-4.9
KRE	SPDR S&P Regional Banking ETF	11.6	35	-20	10.7	-0.3
XSHD	Invesco S&P SmallCap High Dividend Low Volatility ETF	11.5	30	-15	12.7	+1.7
KBE	SPDR S&P Bank ETF	11.3	35	-20	10.4	-0.6
VFMF	Vanguard U.S. Multifactor ETF	10.9	18	-3	8.6	-2.4
FNK	First Trust Mid Cap Value AlphaDEX Fund	10.6	70	-55	12.2	+1.3
SIXL	ETC 6 Meridian Low Beta Equity ETF	10.6	80	-65	6.2	-4.8
CAFG	Pacer US Small Cap Cash Cows Growth Leaders ETF	10.3	59	-44	6.6	-4.4
EZM	WisdomTree U.S. MidCap Fund	10.0	38	-23	9.8	-1.2
SIXS	ETC 6 Meridian Small Cap Equity ETF	9.9	89	-74	10.8	-0.2
ISCG	iShares Morningstar Small-Cap Growth ETF	9.9	6	9	3.1	-7.9
PSCT	Invesco S&P SmallCap Information Technology ETF	9.4	29	-14	5.9	-5.1
SDVY	First Trust SMID Cap Rising Dividend Achievers ETF	9.3	60	-45	8.6	-2.4
GRPZ	Invesco S&P SmallCap 600 GARP ETF	9.3	35	-20	11.2	+0.3
FYC	First Trust Small Cap Growth AlphaDEX Fund	9.3	71	-56	0.6	-10.4
GVLU	Gotham 1000 Value ETF	9.0	50	-35	9.5	-1.4
SFLO	VictoryShares Small Cap Free Cash Flow ETF	8.9	49	-34	13.0	+2.0
WCEO	Hypatia Women CEO ETF	8.8	85	-70	5.0	-5.9
DWAS	Invesco Dorsey Wright SmallCap Momentum ETF	8.4	60	-45	2.2	-8.8
FNX	First Trust Mid Cap Core AlphaDEX Fund	8.1	60	-45	8.2	-2.8
HWSM	Hotchkis & Wiley SMID Cap Diversified Value ETF	8.1	55	-40	11.1	+0.1
VFQY	Vanguard U.S. Quality Factor ETF	7.8	13	2	6.8	-4.2
SMMV	iShares MSCI USA Small-Cap Min Vol Factor ETF	7.6	20	-5	5.8	-5.2
JHSC	John Hancock Multifactor Small Cap ETF	7.3	42	-27	7.3	-3.7
KBWR	Invesco KBW Regional Banking ETF	7.0	35	-20	10.1	-0.8
PSCH	Invesco S&P SmallCap Health Care ETF	7.0	29	-14	4.4	-6.5
VAMO	Cambria Value & Momentum ETF	7.0	61	-46	6.8	-4.2
PSCU	Invesco S&P SmallCap Utilities & Communication Services ETF	6.7	29	-14	4.6	-6.4
AFMC	First Trust Active Factor Mid Cap ETF	6.6	65	-50	9.2	-1.8
CVY	Invesco Zacks Multi-Asset Income ETF	6.5	106	-91	12.7	+1.7
BBMC	JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	6.5	7	8	6.6	-4.3
HSMV	First Trust Horizon Managed Volatility Small/Mid ETF	6.4	80	-65	8.3	-2.7
SMCF	Themes US Small Cap Cash Flow Champions ETF	6.3	29	-14	13.8	+2.9
QABA	First Trust NASDAQ ABA Community Bank Index Fund	6.2	60	-45	9.4	-1.6
PSCM	Invesco S&P SmallCap Materials ETF	6.0	29	-14	14.9	+3.9
SYLD	Cambria Shareholder Yield ETF	6.0	59	-44	12.4	+1.4
OUSM	ALPS O'Shares US Small-Cap Quality Dividend ETF	6.0	48	-33	8.6	-2.4
VBK	Vanguard Small-Cap Growth ETF	5.8	7	8	2.1	-8.9
XRT	SPDR S&P Retail ETF	5.8	35	-20	9.6	-1.4
TILT	FlexShares Morningstar US Market Factor Tilt Index Fund	5.7	25	-10	6.3	-4.7
QQQS	Invesco NASDAQ Future Gen 200 ETF	5.7	20	-5	-3.8	-14.8
JSML	Janus Henderson Small Cap Growth Alpha ETF	5.5	30	-15	8.5	-2.5
FFSM	Fidelity Fundamental Small-Mid Cap ETF	5.3	43	-28	6.6	-4.4
LQPE	PEO AlphaQuest Thematic PE ETF	5.2	125	-110	6.8	-4.2
OPTZ	Optimize Strategy Index ETF	5.1	50	-35	5.4	-5.5
JSMD	Janus Henderson Small/Mid Cap Growth Alpha ETF	5.1	30	-15	7.1	-3.9
BBRE	JPMorgan BetaBuilders MSCI U.S. REIT ETF	5.0	11	4	7.9	-3.1
FRI	First Trust S&P REIT Index Fund	4.9	50	-35	7.4	-3.6
WBIY	WBI Power Factor High Dividend ETF	4.8	100	-85	17.9	+6.9
ECML	Euclidean Fundamental Value ETF	4.8	95	-80	13.7	+2.7
FVD	First Trust Value Line Dividend Index Fund	4.8	65	-50	6.4	-4.6
KOMP	SPDR S&P Kensho New Economies Composite ETF	4.7	20	-5	3.7	-7.3
FREL	Fidelity MSCI Real Estate Index ETF	4.7	8	7	7.6	-3.4
DON	WisdomTree U.S. MidCap Dividend Fund	4.7	38	-23	9.3	-1.7
RWR	SPDR Dow Jones REIT ETF	4.7	25	-10	7.5	-3.5
USRT	iShares Core U.S. REIT ETF	4.7	8	7	7.8	-3.2
DHS	WisdomTree U.S. High Dividend Fund	4.7	38	-23	8.5	-2.5
IFRA	iShares U.S. Infrastructure ETF	4.6	30	-15	6.7	-4.3
VNQ	Vanguard Real Estate ETF	4.6	12	3	7.4	-3.5
DFAR	Dimensional US Real Estate ETF	4.5	19	-4	7.9	-3.0
FAD	First Trust Multi Cap Growth AlphaDEX Fund	4.4	64	-49	2.5	-8.5
VFMO	Vanguard U.S. Momentum Factor ETF	4.4	13	2	3.4	-7.6
EBI	Longview Advantage ETF	4.4	35	-20	7.2	-3.8
HKND	Humankind US Stock ETF	4.4	11	4	7.7	-3.3
VLU	SPDR S&P 1500 Value Tilt ETF	4.4	12	3	8.1	-2.9
SCHH	Schwab U.S. REIT ETF	4.4	7	8	8.0	-3.0
AUSF	Global X Adaptive U.S. Factor ETF	4.3	27	-12	9.6	-1.4
DEEP	Roundhill Acquirers Deep Value ETF	4.3	80	-65	19.5	+8.5
MMSC	First Trust Multi-Manager Small Cap Opportunities ETF	4.2	95	-80	0.7	-10.3
IWC	iShares Micro-Cap ETF	4.1	60	-45	-0.7	-11.6
RIET	Hoya Capital High Dividend Yield ETF	4.1	50	-35	45.7	+34.8
DFAC	Dimensional U.S. Core Equity 2 ETF	4.1	17	-2	6.1	-4.9
SFYX	SoFi Next 500 ETF	4.1	0	15	6.2	-4.8
PPTY	US Diversified Real Estate ETF	4.1	53	-38	7.8	-3.2
HLGE	Hartford Longevity Economy ETF	4.1	44	-29	6.8	-4.2
BFOR	ALPS Barron's 400 ETF	4.1	65	-50	6.4	-4.6
CVAR	Cultivar ETF	4.0	87	-72	7.3	-3.7
RWO	SPDR Dow Jones Global Real Estate ETF	3.9	50	-35	7.0	-3.9
HOMZ	Hoya Capital Housing ETF	3.8	30	-15	9.1	-1.9
EQAL	Invesco Russell 1000 Equal Weight ETF	3.8	20	-5	7.4	-3.6
REET	iShares Global REIT ETF	3.7	14	1	7.6	-3.4
FMAT	Fidelity MSCI Materials Index ETF	3.7	8	7	6.6	-4.3
AVSU	Avantis Responsible U.S. Equity ETF	3.7	15	0	6.6	-4.4
SURE	AdvisorShares Insiders Advantage ETF	3.6	90	-75	10.4	-0.6
DFUV	Dimensional US Marketwide Value ETF	3.6	22	-7	8.2	-2.7
VAW	Vanguard Materials ETF	3.6	10	5	6.7	-4.3
FDIS	Fidelity MSCI Consumer Discretionary Index ETF	3.6	8	7	4.9	-6.0
COPY	Tweedy, Browne Insider + Value ETF	3.6	80	-65	13.0	+2.0
PSCC	Invesco S&P SmallCap Consumer Staples ETF	3.5	29	-14	7.8	-3.2
CCNR	ALPS CoreCommodity Natural Resources ETF	3.5	39	-24	12.3	+1.3
ABLS	Abacus FCF Small Cap Leaders ETF	3.5	59	-44	6.4	-4.5
DFGR	Dimensional Global Real Estate ETF	3.5	22	-7	7.5	-3.5
RFDA	RiverFront Dynamic US Dividend Advantage ETF	3.5	52	-37	7.4	-3.6
PYZ	Invesco Dorsey Wright Basic Materials Momentum ETF	3.4	60	-45	7.4	-3.6
DEW	WisdomTree Global High Dividend Fund	3.4	58	-43	9.0	-2.0
ITB	iShares U.S. Home Construction ETF	3.4	40	-25	12.7	+1.8
FNDB	Schwab Fundamental US Broad Market Index ETF	3.4	25	-10	7.7	-3.3
TXS	Texas Capital Texas Equity Index ETF	3.3	49	-34	6.1	-4.9
SAGP	Strategas Global Policy Opportunities ETF	3.3	65	-50	5.5	-5.5
VCR	Vanguard Consumer Discretionary ETF	3.3	10	5	4.9	-6.0
PEY	Invesco High Yield Equity Dividend Achievers ETF	3.2	52	-37	10.6	-0.4
ERET	iShares Environmentally Aware Real Estate ETF	3.2	30	-15	7.5	-3.5
MFUS	PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	3.2	29	-14	6.9	-4.1
FLOW	Global X U.S. Cash Flow Kings 100 ETF	3.1	25	-10	12.4	+1.5
DCOR	Dimensional US Core Equity 1 ETF	3.1	14	1	5.9	-5.1
JVAL	JPMorgan U.S. Value Factor ETF	3.1	12	3	9.0	-1.9
FSCS	First Trust SMID Capital Strength ETF	3.0	60	-45	7.1	-3.9
PSCE	Invesco S&P SmallCap Energy ETF	3.0	29	-14	12.7	+1.8
BLDG	Cambria Global Real Estate ETF	3.0	60	-45	12.2	+1.2
MVPA	Miller Value Partners Appreciation ETF	3.0	60	-45	8.8	-2.1
AVUS	Avantis U.S. Equity ETF	2.9	15	0	6.4	-4.6
SAWS	AAM Sawgrass US Small Cap Quality Growth ETF	2.9	55	-40	4.9	-6.1
TAX	Cambria Tax Aware ETF	2.9	49	-34	5.5	-5.5
FSTA	FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF	2.8	8	7	5.6	-5.3
TMDV	ProShares Russell US Dividend Growers ETF	2.8	35	-20	6.6	-4.4
MADE	iShares U.S. Manufacturing ETF	2.8	40	-25	5.6	-5.3
PKW	Invesco Buyback Achievers ETF	2.8	62	-47	8.0	-2.9
SMOT	VanEck Morningstar SMID Moat ETF	2.8	49	-34	7.2	-3.7
VDC	Vanguard Consumer Staples ETF	2.8	10	5	5.6	-5.4
SDIV	Global X Superdividend ETF	2.7	58	-43	43.6	+32.6
IQSM	IQ Candriam U.S. Mid Cap Equity ETF	2.7	15	0	6.4	-4.5
SNPD	Xtrackers S&P ESG Dividend Aristocrats ETF	2.7	15	0	7.7	-3.2
DFSU	Dimensional US Sustainability Core 1 ETF	2.6	18	-3	5.9	-5.1
FIDU	Fidelity MSCI Industrial Index ETF	2.6	8	7	4.8	-6.1
GQRE	FlexShares Global Quality Real Estate Index Fund	2.6	45	-30	7.9	-3.1
ZIG	Acquirers Fund	2.6	84	-69	21.6	+10.7
IYM	iShares U.S. Basic Materials ETF	2.6	40	-25	7.0	-3.9
SIXG	Defiance Connective Technologies ETF	2.5	30	-15	4.5	-6.5
VIS	Vanguard Industrials ETF	2.5	10	5	4.9	-6.0
LVHD	Franklin U.S. Low Volatility High Dividend Index ETF	2.4	27	-12	7.1	-3.8
JPME	JPMorgan Diversified Return U.S. Mid Cap Equity ETF	2.4	24	-9	8.5	-2.4
KBWD	Invesco KBW High Dividend Yield Financial ETF	2.4	384	-369	14.1	+3.2
XHE	SPDR S&P Health Care Equipment ETF	2.4	35	-20	3.0	-7.9
FXR	First Trust Industrials/Producer Durables AlphaDEX Fund	2.3	61	-46	7.2	-3.7
MGMT	Ballast Small/Mid Cap ETF	2.3	110	-95	9.7	-1.3
OSCV	Opus Small Cap Value ETF	2.3	79	-64	7.2	-3.8
VFH	Vanguard Financials ETF	2.3	10	5	6.7	-4.3
RNSC	Furst Trust Small Cap US Equity Select ETF	2.3	60	-45	6.2	-4.8
SCHM	Schwab U.S. Mid-Cap ETF	2.3	4	11	7.2	-3.8
FUTY	Fidelity MSCI Utilities Index ETF	2.3	8	7	5.5	-5.5
FTXR	First Trust Nasdaq Transportation ETF	2.2	60	-45	10.2	-0.7
XTL	SPDR S&P Telecom ETF	2.2	35	-20	2.7	-8.3
PAVE	Global X U.S. Infrastructure Development ETF	2.2	47	-32	6.1	-4.9
COWS	Amplify Cash Flow Dividend Leaders ETF	2.2	0	15	13.4	+2.5
CGV	Conductor Global Equity Value ETF	2.2	130	-115	9.4	-1.6
VPU	Vanguard Utilities ETF	2.2	10	5	5.4	-5.5
ONEY	SPDR Russell 1000 Yield Focus ETF	2.2	20	-5	10.1	-0.9
RNMC	First Trust Mid Cap US Equity Select ETF	2.2	60	-45	6.4	-4.5
SDY	SPDR S&P Dividend ETF	2.2	35	-20	6.7	-4.2
IAK	iShares U.S. Insurance ETF	2.2	40	-25	6.6	-4.4
FTXO	First Trust Nasdaq Bank ETF	2.2	60	-45	9.9	-1.1
FMDE	Fidelity Enhanced Mid Cap ETF	2.1	23	-8	6.2	-4.8
FNCL	Fidelity MSCI Financials Index ETF	2.1	8	7	6.6	-4.3
PRF	Invesco FTSE RAFI US 1000 ETF	2.1	39	-24	7.4	-3.6
KBWY	Invesco KBW Premium Yield Equity REIT ETF	2.1	35	-20	9.7	-1.2
JSTC	Adasina Social Justice All Cap Global ETF	2.1	89	-74	4.6	-6.3
AIRR	First Trust RBA American Industrial Renaissance ETF	2.1	70	-55	6.2	-4.7
VFMV	Vanguard U.S. Minimum Volatility ETF	2.1	13	2	5.8	-5.2
DTD	WisdomTree U.S. Total Dividend Fund	2.1	28	-13	6.7	-4.2
RNEW	VanEck Green Infrastructure ETF	2.1	45	-30	-1.6	-12.6
KIE	SPDR S&P Insurance ETF	2.1	35	-20	6.6	-4.4
FXZ	First Trust Materials AlphaDEX Fund	2.1	61	-46	11.9	+0.9
FXD	First Trust Consumer Discretionary AlphaDEX Fund	2.1	61	-46	8.2	-2.8
ROUS	Hartford Multifactor US Equity ETF	2.0	19	-4	7.5	-3.5
VRAI	Virtus Real Asset Income ETF	2.0	55	-40	10.7	-0.3
IYT	iShares US Transportation ETF	2.0	40	-25	5.6	-5.3
XTN	SPDR S&P Transportation ETF	2.0	35	-20	6.2	-4.8
FTEC	Fidelity MSCI Information Technology Index ETF	2.0	8	7	4.6	-6.4
AVRE	Avantis Real Estate ETF	2.0	17	-2	7.1	-3.8
SMMD	iShares Russell 2500 ETF	2.0	15	0	6.9	-4.1
FCOM	Fidelity MSCI Communication Services Index ETF	2.0	8	7	5.2	-5.7
VDE	Vanguard Energy ETF	2.0	10	5	9.8	-1.2
SCDV	Bahl & Gaynor Small Cap Dividend ETF	2.0	70	-55	5.0	-5.9
SCHD	Schwab US Dividend Equity ETF	2.0	6	9	10.2	-0.7
IHF	iShares U.S. Healthcare Providers ETF	2.0	40	-25	7.6	-3.4
DIV	Global X SuperDividend US ETF	2.0	45	-30	12.4	+1.4
VOX	Vanguard Communication Services ETF	2.0	10	5	5.2	-5.7
FPRO	Fidelity Real Estate Investment ETF	1.9	59	-44	6.4	-4.6
VGT	Vanguard Information Technology ETF	1.9	10	5	4.6	-6.4
FENY	Fidelity MSCI Energy Index ETF	1.9	8	7	9.8	-1.1
TMFX	Motley Fool Next Index ETF	1.9	50	-35	3.0	-8.0
BKMC	BNY Mellon US Mid Cap Core Equity ETF	1.9	4	11	6.6	-4.3
MORT	VanEck Mortgage REIT Income ETF	1.9	43	-28	54.0	+43.1
REM	iShares Mortgage Real Estate ETF	1.9	48	-33	64.2	+53.2
STXM	Strive Mid-Cap ETF	1.9	18	-3	6.8	-4.2
XSD	SPDR S&P Semiconductor ETF	1.9	35	-20	4.6	-6.4
ANEW	ProShares MSCI Transformational Changes ETF	1.9	45	-30	6.5	-4.5
FPX	First Trust US Equity Opportunities ETF	1.9	61	-46	1.2	-9.7
NDIV	Amplify Natural Resources Dividend Income ETF	1.9	59	-44	10.9	-0.1
PFI	Invesco Dorsey Wright Financial Momentum ETF	1.9	60	-45	6.7	-4.3
WDIV	SPDR S&P Global Dividend ETF	1.9	40	-25	9.8	-1.2
FITE	SPDR S&P Kensho Future Security ETF	1.8	45	-30	2.4	-8.6
MILN	Global X Millennial Consumer ETF	1.8	50	-35	3.9	-7.0
QCLN	First Trust Nasdaq Clean Edge Green Energy Index Fund	1.8	58	-43	-3.4	-14.3
XHS	SPDR S&P Health Care Services ETF	1.8	35	-20	3.6	-7.4
HAIL	SPDR S&P Kensho Smart Mobility ETF	1.8	45	-30	2.8	-8.2
AIEQ	AI Powered Equity ETF	1.8	75	-60	5.6	-5.4
RDOG	ALPS REIT Dividend Dogs ETF	1.8	35	-20	9.2	-1.8
DFAU	Dimensional US Core Equity Market ETF	1.8	12	3	5.6	-5.4
IEO	iShares U.S. Oil & Gas Exploration & Production ETF	1.8	40	-25	13.7	+2.7
XOP	SPDR S&P Oil & Gas Exploration & Production ETF	1.8	35	-20	16.8	+5.9
FTRI	First Trust Indxx Global Natural Resources Income ETF	1.8	70	-55	8.6	-2.4
ERTH	Invesco MSCI Sustainable Future ETF	1.7	62	-47	3.7	-7.2
SRHQ	SRH U.S. Quality ETF	1.7	35	-20	7.7	-3.2
XSW	SPDR S&P Software & Services ETF	1.7	35	-20	1.9	-9.1
CGW	Invesco S&P Global Water Index ETF	1.7	57	-42	4.8	-6.2
XHB	SPDR S&P Homebuilders ETF	1.7	35	-20	12.0	+1.0
NANR	SPDR S&P North American Natural Resources ETF	1.7	35	-20	8.8	-2.2
BOUT	Innovator IBD Breakout Opportunities ETF	1.7	81	-66	3.2	-7.8
GINN	Goldman Sachs Innovate Equity ETF	1.7	52	-37	4.4	-6.6
FNY	First Trust Mid Cap Growth AlphaDEX Fund	1.7	70	-55	3.0	-7.9
REAI	Intelligent Real Estate ETF	1.6	59	-44	13.3	+2.4
VGSR	Vert Global Sustainable Real Estate ETF	1.6	47	-32	7.3	-3.7
PEZ	Invesco Dorsey Wright Consumer Cyclicals Momentum ETF	1.6	60	-45	4.3	-6.7
FNDX	Schwab Fundamental US Large Co. Index ETF	1.6	25	-10	7.7	-3.3
ONEV	SPDR Russell 1000 Low Volatility Focus ETF	1.6	20	-5	7.9	-3.1
FXO	First Trust Financials AlphaDEX Fund	1.6	62	-47	8.9	-2.1
PBW	Invesco WilderHill Clean Energy ETF	1.5	66	-51	-5.5	-16.5
DFNV	Donoghue Forlines Innovation ETF	1.5	69	-54	4.6	-6.4
HWAY	Themes US Infrastructure ETF	1.5	29	-14	7.1	-3.9
IRET	iREIT - MarketVector Quality REIT Index ETF	1.5	60	-45	7.7	-3.3
VYM	Vanguard High Dividend Yield Index ETF	1.5	6	9	7.6	-3.3
IUS	Invesco RAFI Strategic US ETF	1.5	19	-4	7.2	-3.8
DVY	iShares Select Dividend ETF	1.5	38	-23	9.7	-1.3
SPTM	SPDR Portfolio S&P 1500 Composite Stock Market ETF	1.5	3	12	5.7	-5.3
ONEQ	Fidelity Nasdaq Composite Index ETF	1.5	21	-6	4.3	-6.7
FLDZ	RiverNorth Patriot ETF	1.5	75	-60	6.1	-4.9
LST	Leuthold Select Industries ETF	1.5	91	-76	5.9	-5.1
SMIG	AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF	1.5	60	-45	6.1	-4.9
DTEC	ALPS Disruptive Technologies ETF	1.5	50	-35	4.0	-7.0
VTHR	Vanguard Russell 3000 ETF	1.5	10	5	5.4	-5.6
ITOT	iShares Core S&P Total U.S. Stock Market ETF	1.4	3	12	5.4	-5.6
PPA	Invesco Aerospace & Defense ETF	1.4	58	-43	2.8	-8.2
REZ	iShares Residential and Multisector Real Estate ETF	1.4	48	-33	6.2	-4.8
VTI	Vanguard Total Stock Market ETF	1.4	3	12	5.4	-5.6
PSL	Invesco Dorsey Wright Consumer Staples Momentum ETF	1.4	60	-45	6.0	-4.9
CARZ	First Trust NASDAQ Global Auto Index Fund	1.4	70	-55	6.3	-4.7
IWV	iShares Russell 3000 ETF	1.4	20	-5	5.2	-5.7
PHO	Invesco Water Resources ETF	1.4	60	-45	4.7	-6.2
IBBQ	Invesco Nasdaq Biotechnology ETF	1.4	19	-4	0.9	-10.1
SCHB	Schwab U.S. Broad Market ETF	1.4	3	12	5.5	-5.5
FELV	Fidelity Enhanced Large Cap Value ETF	1.4	18	-3	7.1	-3.8
CCSO	Carbon Collective Climate Solutions US Equity ETF	1.4	35	-20	1.3	-9.7
IVEG	iShares Emergent Food and AgTech Multisector ETF	1.4	47	-32	9.3	-1.7
IWS	iShares Russell Mid-Cap Value ETF	1.4	23	-8	7.2	-3.8
FDWM	Fidelity Women's Leadership ETF	1.4	59	-44	5.5	-5.5
ITA	iShares U.S. Aerospace & Defense ETF	1.4	40	-25	2.1	-8.9
ITAN	Sparkline Intangible Value ETF	1.4	50	-35	6.8	-4.1
PRN	Invesco Dorsey Wright Industrials Momentum ETF	1.4	60	-45	3.9	-7.1
IHI	iShares U.S. Medical Devices ETF	1.4	40	-25	3.8	-7.1
DFUS	Dimensional U.S. Equity ETF	1.4	9	6	5.3	-5.6
IDAT	iShares Future Cloud 5G and Tech ETF	1.4	47	-32	5.4	-5.6
KCE	SPDR S&P Capital Markets ETF	1.3	35	-20	6.2	-4.7
FDLS	Inspire Fidelis Multi Factor ETF	1.3	76	-61	5.4	-5.5
CSD	Invesco S&P Spin-Off ETF	1.3	65	-50	7.1	-3.9
FIW	First Trust Water ETF	1.3	53	-38	5.0	-6.0
EFRA	iShares Environmental Infrastructure and Industrials ETF	1.3	47	-32	5.4	-5.6
CSMD	Congress SMid Growth ETF	1.3	69	-54	4.2	-6.8
ACES	ALPS Clean Energy ETF	1.3	55	-40	-3.6	-14.6
FXH	First Trust Health Care AlphaDEX Fund	1.3	62	-47	9.0	-1.9
RSMC	Rockefeller U.S. Small-Mid Cap ETF	1.3	75	-60	5.1	-5.8
VEGI	iShares MSCI Agriculture Producers ETF	1.3	39	-24	9.0	-2.0
ONEO	SPDR Russell 1000 Momentum Focus ETF	1.3	20	-5	7.4	-3.6
PINK	Simplify Health Care ETF	1.3	50	-35	1.1	-9.9
AQWA	Global X Clean Water ETF	1.3	50	-35	5.1	-5.9
XAR	SPDR S&P Aerospace & Defense ETF	1.3	35	-20	2.2	-8.8
MISL	First Trust Indxx Aerospace & Defense ETF	1.3	60	-45	2.6	-8.4
SPDG	SPDR Portfolio S&P Sector Neutral Dividend ETF	1.3	5	10	8.4	-2.5
ABLD	Abacus FCF Real Assets Leaders ETF	1.3	69	-54	7.0	-4.0
IHE	iShares U.S. Pharmaceuticals ETF	1.3	40	-25	9.4	-1.6
XPH	SPDR S&P Pharmaceuticals ETF	1.3	35	-20	5.7	-5.3
XME	SPDR S&P Metals & Mining ETF	1.2	35	-20	9.9	-1.0
ESGV	Vanguard ESG U.S. Stock ETF	1.2	9	6	5.2	-5.8
ROBT	First Trust Nasdaq Artificial Intelligence & Robotics ETF	1.2	65	-50	3.4	-7.6
IGE	iShares North American Natural Resources ETF	1.2	41	-26	8.3	-2.7
BLCR	iShares Large Cap Core Active ETF	1.2	36	-21	4.2	-6.7
COWG	Pacer US Large Cap Cash Cows Growth Leaders ETF	1.2	49	-34	4.5	-6.4
UDI	USCF Dividend Income Fund	1.2	65	-50	8.7	-2.3
FHLC	Fidelity MSCI Health Care Index ETF	1.2	8	7	6.5	-4.5
VHT	Vanguard Health Care ETF	1.2	10	5	6.3	-4.7
DEMZ	Democratic Large Cap Core ETF	1.1	45	-30	4.9	-6.1
ETEC	iShares Breakthrough Environmental Solutions ETF	1.1	47	-32	4.0	-7.0
FDM	First Trust Dow Jones Select MicroCap Index Fund	1.1	60	-45	8.5	-2.4
AIS	VistaShares Artificial Intelligence Supercycle ETF	1.1	75	-60	4.3	-6.7
NXTG	First Trust Indxx NextG ETF	1.1	70	-55	5.8	-5.2
TAN	Invesco Solar ETF	1.1	67	-52	8.8	-2.2
FLQM	Franklin U.S. Mid Cap Multifactor Index ETF	1.1	30	-15	8.5	-2.5
DESK	VanEck Office and Commercial REIT ETF	1.1	50	-35	13.1	+2.1
IWR	iShares Russell Midcap ETF	1.1	19	-4	6.2	-4.7
NETL	NETLease Corporate Real Estate ETF	1.1	60	-45	8.3	-2.6
JHMM	John Hancock Multifactor Mid Cap ETF	1.1	42	-27	6.8	-4.1
PXJ	Invesco Oil & Gas Services ETF	1.1	63	-48	7.0	-4.0
FTAG	First Trust Indxx Global Agriculture ETF	1.1	70	-55	8.7	-2.3
SXQG	ETC 6 Meridian Quality Growth ETF	1.1	100	-85	4.7	-6.3
FTXH	First Trust Nasdaq Pharmaceuticals ETF	1.0	60	-45	11.7	+0.8
QDF	FlexShares Quality Dividend Index Fund	1.0	37	-22	6.8	-4.1
IPDP	Dividend Performers ETF	1.0	122	-107	5.2	-5.8
SHPP	Pacer Industrials and Logistics ETF	1.0	60	-45	8.9	-2.1
CNRG	SPDR S&P Kensho Clean Power ETF	1.0	45	-30	0.7	-10.2
PXE	Invesco Energy Exploration & Production ETF	1.0	60	-45	17.5	+6.6
JPUS	JPMorgan Diversified Return U.S. Equity ETF	1.0	18	-3	8.0	-2.9
IEZ	iShares U.S. Oil Equipment & Services ETF	1.0	40	-25	5.6	-5.4
XES	SPDR S&P Oil & Gas Equipment & Services ETF	1.0	35	-20	3.8	-7.1
WDNA	WisdomTree BioRevolution Fund	1.0	45	-30	-1.7	-12.7
MMTM	SPDR S&P 1500 Momentum Tilt ETF	1.0	12	3	5.0	-6.0
SOXX	iShares Semiconductor ETF	1.0	35	-20	6.0	-5.0
DEUS	Xtrackers Russell US Multifactor ETF	1.0	17	-2	7.3	-3.7
VCLN	Virtus Duff & Phelps Clean Energy ETF	1.0	59	-44	6.3	-4.7
ICLN	iShares Global Clean Energy ETF	1.0	41	-26	6.4	-4.6
DTRE	First Trust Alerian Disruptive Technology Real Estate ETF	1.0	60	-45	6.0	-5.0
FCG	First Trust Natural Gas ETF	1.0	60	-45	20.1	+9.2
SNSR	Global X Internet of Things ETF	1.0	68	-53	4.9	-6.1
VUSE	Vident U.S. Equity Strategy ETF	1.0	50	-35	4.8	-6.2
MDEV	First Trust Indxx Medical Devices ETF	1.0	70	-55	4.4	-6.5
HTEC	ROBO Global Healthcare Technology and Innovation ETF	0.9	68	-53	2.7	-8.3
MOO	VanEck Agribusiness ETF	0.9	53	-38	10.8	-0.1
IBB	iShares Biotechnology ETF	0.9	45	-30	1.0	-10.0
ACTV	LeaderShares Activist Leaders ETF	0.9	75	-60	5.7	-5.3
AFLG	First Trust Active Factor Large Cap ETF	0.9	55	-40	6.5	-4.4
SIMS	SPDR S&P Kensho Intelligent Structures ETF	0.9	45	-30	6.9	-4.1
AVLV	Avantis U.S. Large Cap Value ETF	0.9	15	0	8.4	-2.5
RDVY	First Trust Rising Dividend Achievers ETF	0.9	50	-35	7.9	-3.0
AIVL	WisdomTree U.S. AI Enhanced Value Fund	0.9	38	-23	6.4	-4.6
PJP	Invesco Pharmaceuticals ETF	0.9	57	-42	8.6	-2.4
PSI	Invesco Semiconductors ETF	0.9	57	-42	5.6	-5.4
ROE	Astoria US Quality Kings ETF	0.9	49	-34	7.1	-3.9
AGNG	Global X Aging Population ETF	0.9	50	-35	5.0	-5.9
OIH	VanEck Oil Services ETF	0.9	35	-20	5.4	-5.6
INDS	Pacer Industrial Real Estate ETF	0.9	55	-40	6.8	-4.2
PKB	Invesco Building & Construction ETF	0.9	62	-47	4.9	-6.1
FFND	Future Fund Active ETF	0.9	100	-85	4.8	-6.2
PUI	Invesco Dorsey Wright Utilities Momentum ETF	0.9	60	-45	5.5	-5.5
FRNW	Fidelity Clean Energy ETF	0.9	39	-24	4.6	-6.4
PSR	Invesco Active U.S. Real Estate Fund	0.9	35	-20	7.3	-3.7
XBI	SPDR S&P BIOTECH ETF	0.9	35	-20	-3.5	-14.4
FDL	First Trust Morningstar Dividend Leaders Index Fund	0.9	45	-30	9.8	-1.2
GDIV	Harbor Dividend Growth Leaders ETF	0.9	50	-35	5.5	-5.4
SRET	Global X SuperDividend REIT ETF	0.9	59	-44	12.5	+1.6
GUNR	FlexShares Morningstar Global Upstream Natural Resources Ind	0.9	46	-31	10.8	-0.2
ZAP	Global X U.S. Electrification ETF	0.9	50	-35	4.6	-6.3
GOP	Unusual Whales Subversive Republican Trading ETF	0.8	50	-35	6.3	-4.7
RITA	ETFB Green SRI REITs ETF	0.8	50	-35	6.3	-4.7
FGD	First Trust Dow Jones Global Select Dividend Index Fund	0.8	56	-41	12.5	+1.6
TRFK	Pacer Data and Digital Revolution ETF	0.8	60	-45	3.8	-7.2
VALQ	American Century U.S. Quality Value ETF	0.8	29	-14	8.0	-3.0
SHLD	Global X Defense Tech ETF	0.8	50	-35	3.4	-7.5
FXL	First Trust Technology AlphaDEX Fund	0.8	61	-46	6.1	-4.9
TMFS	Motley Fool Small-Cap Growth ETF	0.8	85	-70	3.7	-7.3
OCEN	IQ Clean Oceans ETF	0.8	45	-30	6.6	-4.4
HDUS	Hartford Disciplined US Equity ETF	0.8	19	-4	6.2	-4.7
DRLL	Strive U.S. Energy ETF	0.8	41	-26	10.9	-0.1
REVS	Columbia Research Enhanced Value ETF	0.8	19	-4	8.2	-2.8
PTF	Invesco Dorsey Wright Technology Momentum ETF	0.8	60	-45	1.4	-9.5
ROBO	ROBO Global Robotics & Automation Index ETF	0.8	95	-80	4.1	-6.9
PBD	Invesco Global Clean Energy ETF	0.8	75	-60	0.5	-10.4
JAVA	JPMorgan Active Value ETF	0.8	44	-29	6.8	-4.2
KBWP	Invesco KBW Property & Casualty Insurance ETF	0.8	35	-20	6.4	-4.6
FCPI	Fidelity Stocks for Inflation ETF	0.8	15	0	8.0	-3.0
BOTT	Themes Robotics & Automation ETF	0.8	35	-20	5.3	-5.6
HART	IQ Healthy Hearts ETF	0.8	45	-30	6.7	-4.3
BOTZ	Global X Robotics & Artificial Intelligence ETF	0.8	69	-54	2.7	-8.3
KROP	Global X AgTech & Food Innovation ETF	0.8	50	-35	6.5	-4.4
PTEC	Global X PropTech ETF	0.7	50	-35	1.7	-9.3
SOXQ	Invesco PHLX Semiconductor ETF	0.7	19	-4	5.6	-5.3
HAUS	Residential REIT ETF	0.7	60	-45	5.3	-5.7
EVX	VanEck Environmental Services ETF	0.7	55	-40	2.4	-8.6
JQUA	JPMorgan U.S. Quality Factor ETF	0.7	12	3	6.1	-4.8
IAI	iShares U.S. Broker-Dealers & Securities Exchanges ETF	0.7	40	-25	4.6	-6.4
RNRG	Global X Renewable Energy Producers ETF	0.7	66	-51	6.1	-4.9
WTV	WisdomTree US Value Fund of Benef Interest	0.7	12	3	9.8	-1.2
IBUY	Amplify Online Retail ETF	0.7	65	-50	3.1	-7.8
TRFM	AAM Transformers ETF	0.7	49	-34	1.9	-9.1
PICK	iShares MSCI Global Metals & Mining Producers ETF	0.7	39	-24	14.5	+3.5
GURU	Global X Guru Index ETF	0.7	75	-60	4.3	-6.7
VT	Vanguard Total World Stock ETF	0.7	7	8	6.4	-4.6
SOCL	Global X Social Media ETF	0.7	65	-50	13.1	+2.2
IEDI	iShares U.S. Consumer Focused ETF	0.7	18	-3	5.4	-5.6
TOLZ	ProShares DJ Brookfield Global Infrastructure ETF	0.7	46	-31	5.5	-5.5
IGM	iShares Expanded Tech Sector ETF	0.7	41	-26	4.5	-6.5
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastructure	0.7	58	-43	5.3	-5.7
NATO	Themes Transatlantic Defense ETF	0.7	35	-20	2.9	-8.1
PSP	Invesco Global Listed Private Equity ETF	0.7	106	-91	6.1	-4.9
IBRN	iShares Neuroscience and Healthcare ETF	0.7	47	-32	0.0	-11.0
GLRY	Inspire Faithward Mid Cap Momentum ETF	0.7	80	-65	6.7	-4.3
TMFM	Motley Fool Mid-Cap Growth ETF	0.7	85	-70	3.8	-7.1
LCTU	BlackRock U.S. Carbon Transition Readiness ETF	0.7	14	1	5.4	-5.6
FAN	First Trust Global Wind Energy ETF	0.6	60	-45	5.1	-5.9
NURE	Nuveen Short-Term REIT ETF	0.6	35	-20	7.7	-3.3
FOVL	iShares Focused Value Factor ETF	0.6	25	-10	10.4	-0.5
FILL	iShares MSCI Global Energy Producers ETF	0.6	39	-24	12.6	+1.7
FLQL	Franklin LibertyQ U.S. Equity ETF	0.6	15	0	5.9	-5.1
FTXN	First Trust Nasdaq Oil & Gas ETF	0.6	60	-45	13.3	+2.3
EBIZ	Global X E-Commerce ETF	0.6	50	-35	4.5	-6.5
FELC	Fidelity Enhanced Large Cap Core ETF	0.6	18	-3	5.7	-5.2
IDGT	iShares U.S. Digital Infrastructure and Real Estate ETF	0.6	41	-26	5.5	-5.5
FDHT	Fidelity Digital Health ETF	0.6	39	-24	0.9	-10.0
SMOG	VanEck Low Carbon Energy ETF	0.6	61	-46	1.7	-9.3
PFM	Invesco Dividend Achievers ETF	0.6	53	-38	5.6	-5.3
SPRE	SP Funds S&P Global REIT Sharia ETF	0.6	55	-40	6.1	-4.9
LRGF	iShares U.S. Equity Factor ETF	0.6	8	7	6.0	-5.0
DIVB	iShares Core Dividend ETF	0.6	5	10	8.2	-2.8
XT	iShares Exponential Technologies ETF	0.6	46	-31	5.8	-5.1
FDRV	Fidelity Electric Vehicles and Future Transportation ETF	0.5	39	-24	-1.3	-12.2
KRMA	Global X Conscious Companies ETF	0.5	43	-28	6.2	-4.8
SEIQ	SEI Enhanced U.S. Large Cap Quality Factor ETF	0.5	15	0	7.6	-3.4
SEIV	SEI Enhanced U.S. Large Cap Value Factor ETF	0.5	15	0	9.9	-1.0
STCE	Schwab Crypto Thematic ETF	0.5	30	-15	1.6	-9.3
JETS	U.S. Global Jets ETF	0.5	60	-45	4.0	-7.0
ONLN	ProShares Online Retail ETF	0.5	58	-43	3.7	-7.2
TDIV	First Trust NASDAQ Technology Dividend Index Fund	0.5	50	-35	6.3	-4.6
BRNY	Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation	0.5	79	-64	5.4	-5.6
SBIO	ALPS Medical Breakthroughs ETF	0.5	50	-35	0.0	-11.0
EIPX	FT Energy Income Partners Strategy ETF	0.5	95	-80	8.0	-3.0
AVES	Avantis Emerging Markets Value ETF	0.5	36	-21	12.3	+1.4
PRNT	3D Printing ETF	0.5	66	-51	1.4	-9.5
SHUS	Syntax Stratified U.S. Total Market Hedged ETF	0.5	65	-50	6.7	-4.3
SSPY	Syntax Stratified LargeCap ETF	0.5	30	-15	7.0	-3.9
IHAK	iShares Cybersecurity & Tech ETF	0.5	47	-32	3.6	-7.3
EKG	First Trust Nasdaq Lux Digital Health Solutions ETF	0.5	65	-50	1.1	-9.9
XITK	SPDR FactSet Innovative Technology ETF	0.5	45	-30	0.5	-10.5
ARB	AltShares Merger Arbitrage ETF	0.5	77	-62	3.9	-7.0
KVLE	KraneShares Value Line Dynamic Dividend Equity Index ETF	0.5	56	-41	6.7	-4.3
GVUS	Marketbeta Russell 1000 Value Equity ETF	0.5	12	3	6.9	-4.1
DGRO	iShares Core Dividend Growth ETF	0.5	8	7	6.8	-4.1
IQRA	IQ CBRE Real Assets ETF	0.5	65	-50	5.7	-5.2
QDEF	FlexShares Quality Dividend Defensive Index Fund	0.5	37	-22	6.5	-4.5
GLCR	GlacierShares Nasdaq Iceland ETF	0.5	95	-80	4.1	-6.8
STXV	Strive 1000 Value ETF	0.5	18	-3	8.5	-2.5
HELX	Franklin Genomic Advancements ETF	0.5	50	-35	-0.2	-11.2
TPYP	Tortoise North American Pipeline Fund	0.5	40	-25	5.8	-5.2
VONV	Vanguard Russell 1000 Value ETF	0.5	8	7	6.9	-4.0
VIG	Vanguard Dividend Appreciation ETF	0.5	6	9	5.9	-5.0
SLX	VanEck Steel ETF	0.5	56	-41	17.2	+6.3
IDU	iShares U.S. Utilities ETF	0.5	40	-25	4.8	-6.1
BYRE	Principal Real Estate Active Opportunities ETF	0.5	65	-50	6.2	-4.7
IWD	iShares Russell 1000 Value ETF	0.5	19	-4	6.8	-4.2
RAYS	Global X Solar ETF	0.5	51	-36	6.4	-4.6
CCMG	CCM Global Equity ETF	0.5	34	-19	9.1	-1.8
GNR	SPDR S&P Global Natural Resources ETF	0.5	40	-25	12.0	+1.0
HEAL	Global X HealthTech ETF	0.5	50	-35	-0.7	-11.6
MOTO	SmartETFs Smart Transportation & Technology ETF	0.5	68	-53	8.1	-2.9
AIQ	Global X Artificial Intelligence & Technology ETF	0.5	68	-53	4.5	-6.5
ROKT	SPDR S&P Kensho Final Frontiers ETF	0.5	45	-30	2.2	-8.7
TINY	ProShares Nanotechnology ETF	0.5	58	-43	5.7	-5.3
PBJ	Invesco Food & Beverage ETF	0.5	57	-42	5.0	-6.0
AIRL	Themes Airlines ETF	0.5	35	-20	3.5	-7.5
CUT	Invesco MSCI Global Timber ETF	0.4	61	-46	10.5	-0.5
ISHP	First Trust Nasdaq Retail ETF	0.4	60	-45	6.1	-4.8
MOTE	VanEck Morningstar ESG Moat ETF	0.4	49	-34	6.1	-4.9
LGRO	Level Four Large Cap Growth Active ETF	0.4	55	-40	4.2	-6.8
MGRO	VanEck Morningstar Wide Moat Growth ETF	0.4	49	-34	4.6	-6.3
MVAL	VanEck Morningstar Wide Moat Value ETF	0.4	49	-34	6.9	-4.1
BMED	Future Health ETF	0.4	85	-70	0.6	-10.4
PXI	Invesco Dorsey Wright Energy Momentum ETF	0.4	60	-45	7.8	-3.2
WAR	U.S. Global Tech and Aerospace & Defense ETF	0.4	60	-45	3.9	-7.1
FSST	Fidelity Sustainable U.S. Equity ETF	0.4	59	-44	4.9	-6.1
DWLD	Davis Select Worldwide ETF	0.4	63	-48	7.9	-3.0
BOAT	SonicShares Global Shipping ETF	0.4	69	-54	30.9	+20.0
NBCC	Neuberger Berman Next Generation Connected Consumer ETF	0.4	56	-41	2.7	-8.2
TECB	iShares U.S. Tech Breakthrough Multisector ETF	0.4	40	-25	4.0	-6.9
IGV	iShares Expanded Tech-Software Sector ETF	0.4	41	-26	2.9	-8.1
IDRV	iShares Self-driving EV & Tech ETF	0.4	47	-32	2.6	-8.3
JRE	Janus Henderson U.S. Real Estate ETF	0.4	65	-50	7.6	-3.3
CLNR	IQ Cleaner Transport ETF	0.4	45	-30	6.9	-4.1
IYC	iShares U.S. Consumer Discretionary ETF	0.4	40	-25	4.0	-7.0
IYJ	iShares U.S. Industrials ETF	0.4	40	-25	4.8	-6.2
BEDZ	AdvisorShares Hotel ETF	0.4	100	-85	7.5	-3.4
FBT	First Trust NYSE Arca Biotechnology Index Fund	0.4	56	-41	6.0	-5.0
MNTL	Tema Neuroscience and Mental Health ETF	0.4	75	-60	-0.9	-11.9
RNWZ	TrueShares Eagle Global Renewable Energy Income ETF	0.4	75	-60	8.2	-2.7
FXU	First Trust Utilities AlphaDEX Fund	0.4	64	-49	5.6	-5.3
NBCT	Neuberger Berman Carbon Transition Infrastructure ETF	0.4	55	-40	6.1	-4.9
TTAC	FCF US Quality ETF	0.4	59	-44	6.2	-4.8
TINT	ProShares Smart Materials ETF	0.4	58	-43	8.1	-2.9
BETZ	Roundhill Sports Betting & iGaming ETF	0.4	75	-60	2.3	-8.7
BJK	VanEck Gaming ETF	0.4	65	-50	4.5	-6.5
BNGE	First Trust S-Network Streaming and Gaming ETF	0.4	70	-55	3.4	-7.6
IPAY	ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund	0.4	75	-60	4.6	-6.3
BLCV	iShares Large Cap Value Active ETF	0.4	53	-38	7.8	-3.2
PNQI	Invesco NASDAQ Internet ETF	0.4	60	-45	3.8	-7.2
SPGM	SPDR Portfolio MSCI Global Stock Market ETF	0.4	9	6	6.3	-4.6
SSPX	Janus Henderson U.S. Sustainable Equity ETF	0.4	55	-40	4.5	-6.5
BULD	Pacer BlueStar Engineering the Future ETF	0.4	60	-45	1.6	-9.3
FTXG	First Trust Nasdaq Food & Beverage ETF	0.4	60	-45	6.8	-4.1
MAKX	ProShares S&P Kensho Smart Factories ETF	0.4	58	-43	2.9	-8.1
PPH	VanEck Pharmaceutical ETF	0.4	36	-21	10.5	-0.4
SUPL	ProShares Supply Chain Logistics ETF	0.4	58	-43	11.7	+0.7
BBP	Virtus LifeSci Biotech Products ETF	0.4	79	-64	-5.3	-16.3
NVIR	Horizon Kinetics Energy and Remediation ETF	0.4	85	-70	6.9	-4.0
AMID	Argent Mid Cap ETF Argent Mid Cap ETF	0.4	52	-37	6.3	-4.6
RAFE	PIMCO RAFI ESG U.S. ETF	0.4	29	-14	7.8	-3.2
TPLC	Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund	0.4	52	-37	5.7	-5.2
TPLE	Timothy Plan Us Large/Mid Cap Core Enhanced ETF	0.4	58	-43	5.7	-5.3
WFH	Direxion Work From Home ETF	0.4	45	-30	4.1	-6.9
SKYY	First Trust Cloud Computing ETF	0.4	60	-45	3.3	-7.7
ECLN	First Trust EIP Carbon Impact ETF	0.4	96	-81	4.2	-6.8
EMLP	First Trust North American Energy Infrastructure Fund	0.4	95	-80	5.5	-5.5
ARKQ	ARK Autonomous Technology & Robotics ETF	0.4	75	-60	0.7	-10.3
ARKX	ARK Space Exploration & Innovation ETF	0.4	75	-60	-0.3	-11.3
FTXL	First Trust Nasdaq Semiconductor ETF	0.4	60	-45	6.6	-4.4
GK	AdvisorShares Gerber Kawasaki ETF	0.4	75	-60	2.9	-8.1
IQM	Franklin Intelligent Machines ETF	0.4	50	-35	2.5	-8.5
EBLU	Ecofin Global Water ESG Fund	0.4	40	-25	4.4	-6.6
FTWO	Strive FAANG 2.0 ETF	0.3	49	-34	4.9	-6.0
FVAL	Fidelity Value Factor ETF	0.3	15	0	7.5	-3.4
CIBR	First Trust NASDAQ Cybersecurity ETF	0.3	60	-45	4.1	-6.9
DSI	iShares MSCI KLD 400 Social ETF	0.3	25	-10	5.4	-5.6
PBE	Invesco Biotechnology & Genome ETF	0.3	58	-43	2.4	-8.6
TPHD	Timothy Plan High Dividend Stock ETF	0.3	52	-37	7.3	-3.7
TPHE	Timothy Plan High Dividend Stock Enhanced ETF	0.3	54	-39	7.4	-3.6
RECS	Columbia Research Enhanced Core ETF	0.3	15	0	6.4	-4.6
TBG	TBG Dividend Focus ETF	0.3	59	-44	8.2	-2.7
CVLC	Calvert US Large-Cap Core Responsible Index ETF	0.3	15	0	5.4	-5.6
IYH	iShares U.S. Healthcare ETF	0.3	40	-25	7.1	-3.9
LUX	Tema Luxury ETF	0.3	75	-60	4.6	-6.4
GNOM	Global X Genomics & Biotechnology ETF	0.3	50	-35	-4.3	-15.3
IWP	iShares Russell Mid-Cap Growth ETF	0.3	23	-8	3.7	-7.3
BBC	Virtus LifeSci Biotech Clinical Trials ETF	0.3	79	-64	0.0	-11.0
CZA	Invesco Zacks Mid-Cap ETF	0.3	72	-57	6.7	-4.3
SMH	VanEck Semiconductor ETF	0.3	35	-20	5.0	-6.0
FFTY	Innovator IBD 50 ETF	0.3	80	-65	-0.3	-11.3
TMFG	Motley Fool Global Opportunities ETF	0.3	85	-70	3.9	-7.1
PSIL	AdvisorShares Psychedelics ETF	0.3	99	-84	0.0	-11.0
QLV	FlexShares US Quality Low Volatility Index Fund	0.3	22	-7	5.9	-5.1
VIDI	Vident International Equity Strategy ETF	0.3	61	-46	11.6	+0.6
MEDX	Horizon Kinetics Medical ETF	0.3	85	-70	2.2	-8.8
ICAP	InfraCap Equity Income Fund ETF	0.3	171	-156	7.4	-3.6
AZTD	Aztlan Global Stock Selection DM SMID ETF	0.3	75	-60	8.4	-2.5
IDNA	iShares Genomics Immunology and Healthcare ETF	0.3	47	-32	-2.1	-13.1
EIPI	FT Energy Income Partners Enhanced Income ETF	0.3	110	-95	6.4	-4.5
APUE	ActivePassive U.S. Equity ETF	0.3	45	-30	5.2	-5.8
RCGE	RockCreek Global Equality ETF	0.3	95	-80	6.6	-4.4
DGRW	WisdomTree US Quality Dividend Growth Fund	0.3	28	-13	5.9	-5.1
PTL	Inspire 500 ETF	0.3	9	6	5.8	-5.2
SOLR	Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund	0.3	79	-64	6.0	-5.0
SPAM	Themes Cybersecurity ETF	0.3	35	-20	2.0	-8.9
QVAL	Alpha Architect US Quantitative Value ETF	0.3	39	-24	10.6	-0.4
DRIV	Global X Autonomous & Electric Vehicles ETF	0.3	68	-53	7.0	-3.9
QMOM	Alpha Architect U.S. Quantitative Momentum ETF	0.3	39	-24	3.9	-7.1
LBO	WHITEWOLF Publicly Listed Private Equity ETF	0.3	70	-55	8.9	-2.1
VERS	ProShares Metaverse ETF	0.3	58	-43	-0.3	-11.3
BLCN	Siren ETF Trust Siren Nasdaq NexGen Economy ETF	0.2	68	-53	0.4	-10.6
BLOK	Amplify Transformational Data Sharing ETF	0.2	75	-60	0.4	-10.6
FTIF	First Trust Bloomberg Inflation Sensitive Equity ETF	0.2	60	-45	9.8	-1.2
TOGA	Tremblant Global ETF	0.2	69	-54	1.9	-9.1
IWB	iShares Russell 1000 ETF	0.2	15	0	5.3	-5.6
BATT	Amplify Lithium & Battery Technology ETF	0.2	59	-44	3.8	-7.1
DMAT	Global X Disruptive Materials ETF	0.2	59	-44	10.9	-0.0
GMET	VanEck Green Metals ETF	0.2	63	-48	10.8	-0.1
KARS	KraneShares Electric Vehicles & Future Mobility Index ETF	0.2	72	-57	-0.9	-11.8
REMX	VanEck Rare Earth/Strategic Metals ETF	0.2	54	-39	5.6	-5.4
SAMT	Strategas Macro Thematic Opportunities ETF	0.2	65	-50	3.3	-7.7
CRIT	Optica Rare Earths & Critical Materials ETF Optica Rare Eart	0.2	85	-70	10.4	-0.5
ZSB	USCF Sustainable Battery Metals Strategy Fund	0.2	61	-46	9.4	-1.6
SETM	Sprott Energy Transition Materials ETF	0.2	65	-50	4.4	-6.6
BLLD	JPMorgan Sustainable Infrastructure ETF	0.2	49	-34	6.1	-4.8
VONE	Vanguard Russell 1000 ETF	0.2	8	7	5.4	-5.6
FDRR	Fidelity Dividend ETF for Rising Rates	0.2	15	0	8.0	-3.0
NFRA	FlexShares STOXX Global Broad Infrastructure Index Fund	0.2	47	-32	5.9	-5.1
ACVF	American Conservative Values ETF	0.2	75	-60	4.7	-6.3
TOKE	Cambria Cannabis ETF	0.2	42	-27	-0.3	-11.3
BLES	Inspire Global Hope ETF	0.2	61	-46	7.1	-3.9
FLRG	Fidelity U.S. Multifactor ETF	0.2	15	0	7.3	-3.7
DAT	ProShares Big Data Refiners ETF	0.2	58	-43	2.2	-8.8
FCLD	Fidelity Cloud Computing ETF	0.2	39	-24	3.3	-7.7
FXG	First Trust Consumer Staples AlphaDEX Fund	0.2	63	-48	8.0	-2.9
QTUM	Defiance Quantum ETF	0.2	40	-25	7.0	-4.0
NANC	Unusual Whales Subversive Democratic Trading ETF	0.2	75	-60	4.1	-6.9
VEGN	US Vegan Climate ETF	0.2	60	-45	4.9	-6.1
JCTR	JPMorgan Carbon Transition U.S. Equity ETF	0.2	15	0	5.1	-5.9
MIDE	Xtrackers S&P MidCap 400 ESG ETF	0.2	15	0	8.6	-2.4
IWTR	iShares MSCI Water Management Multisector ETF	0.2	47	-32	6.3	-4.7
RUNN	Running Oak Efficient Growth ETF	0.2	58	-43	5.0	-6.0
SCHK	Schwab 1000 Index ETF	0.2	5	10	5.5	-5.4
GSEW	Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	0.2	9	6	6.5	-4.5
IGPT	Invesco AI and Next Gen Software ETF	0.2	60	-45	5.2	-5.8
IYF	iShares U.S. Financials ETF	0.2	40	-25	6.3	-4.6
IYY	iShares Dow Jones U.S. ETF	0.2	20	-5	5.3	-5.7
LFSC	F/m Emerald Life Sciences Innovation ETF	0.2	79	-64	0.0	-11.0
GUSA	Goldman Sachs MarketBeta U.S. 1000 Equity ETF	0.2	11	4	5.4	-5.6
USMF	WisdomTree U.S. Multifactor Fund	0.2	28	-13	6.9	-4.1
GGME	Invesco Next Gen Media and Gaming ETF	0.2	60	-45	4.8	-6.1
HDV	iShares Core High Dividend ETF	0.2	8	7	7.1	-3.9
CFA	VictoryShares US 500 Volatility Wtd ETF	0.2	35	-20	6.1	-4.8
CFO	VictoryShares US 500 Enhanced Volatility Wtd ETF	0.2	40	-25	6.1	-4.9
QGRO	American Century U.S. Quality Growth ETF	0.2	29	-14	3.7	-7.3
RJMG	FT Raymond James Multicap Growth Equity ETF	0.2	85	-70	2.4	-8.6
THRO	iShares U.S. Thematic Rotation Active ETF	0.2	90	-75	4.4	-6.6
ISRA	VanEck Israel ETF	0.2	59	-44	7.5	-3.5
ITEQ	BlueStar Israel Technology ETF	0.2	75	-60	2.1	-8.9
DARP	Grizzle Growth ETF	0.2	75	-60	4.2	-6.8
HRTS	Tema GLP-1 Obesity & Cardiometabolic ETF	0.2	75	-60	1.0	-10.0
PAWZ	ProShares Pet Care ETF	0.2	50	-35	3.8	-7.2
JHML	John Hancock Multifactor Large Cap ETF	0.2	29	-14	5.8	-5.1
CNCR	Range Cancer Therapeutics ETF	0.2	79	-64	-12.8	-23.8
QARP	Xtrackers Russell 1000 US Quality at a Reasonable Price ETF	0.2	19	-4	6.8	-4.2
JGRO	JPMorgan Active Growth ETF	0.2	44	-29	3.9	-7.1
JUST	Goldman Sachs JUST U.S. Large Cap Equity ETF	0.2	20	-5	5.6	-5.4
FBCG	Fidelity Blue Chip Growth ETF	0.2	59	-44	3.4	-7.6
TMAT	Main Thematic Innovation ETF	0.1	164	-149	-1.5	-12.5
TDV	ProShares S&P Technology Dividend Aristocrats ETF	0.1	45	-30	5.8	-5.1
TMFE	Motley Fool Capital Efficiency 100 Index ETF	0.1	50	-35	4.3	-6.7
BUYZ	Franklin Disruptive Commerce ETF	0.1	50	-35	2.5	-8.5
WTAI	WisdomTree Artificial Intelligence and Innovation Fund	0.1	45	-30	3.3	-7.7
UFO	Procure Space ETF	0.1	75	-60	-1.9	-12.8
PRAY	FIS Christian Stock Fund	0.1	69	-54	5.6	-5.3
IYW	iShares U.S. Technology ETF	0.1	40	-25	4.5	-6.4
CTEC	Global X CleanTech ETF	0.1	50	-35	3.2	-7.8
EATZ	AdvisorShares Restaurant ETF	0.1	101	-86	6.9	-4.1
PEJ	Invesco Leisure and Entertainment ETF	0.1	58	-43	1.2	-9.8
FMED	Fidelity Disruptive Medicine ETF	0.1	50	-35	-1.1	-12.1
IBAT	iShares Energy Storage & Materials ETF	0.1	47	-32	5.7	-5.3
DTAN	Sparkline International Intangible Value ETF	0.1	55	-40	8.5	-2.4
FPXE	First Trust IPOX Europe Equity Opportunities ETF	0.1	70	-55	5.1	-5.8
BKWO	BNY Mellon Women's Opportunities ETF	0.1	50	-35	4.0	-7.0
GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	0.1	9	6	5.7	-5.3
FNDC	Schwab Fundamental International Small Co. Index ETF	0.1	39	-24	6.3	-4.7
SYNB	Putnam BioRevolution ETF	0.1	70	-55	3.0	-7.9
SCHV	Schwab U.S. Large-Cap Value ETF	0.1	4	11	7.1	-3.8
OALC	OneAscent Large Cap Core ETF	0.1	86	-71	4.6	-6.4
LIVR	Intelligent Livermore ETF	0.1	69	-54	6.7	-4.2
FMET	Fidelity Metaverse ETF	0.1	39	-24	5.6	-5.4
ARKG	ARK Genomic Revolution ETF	0.1	75	-60	-256.9	-267.9
LRNZ	TrueShares Technology, AI & Deep Learning ETF	0.1	69	-54	-0.6	-11.5
CANC	Tema Oncology ETF	0.1	75	-60	-2.6	-13.6
SRVR	Pacer Data & Infrastructure Real Estate ETF	0.1	55	-40	3.8	-7.2
DTCR	Global X Data Center & Digital Infrastructure ETF	0.1	50	-35	4.8	-6.2
WCLD	WisdomTree Cloud Computing Fund	0.1	45	-30	1.5	-9.5
PDN	Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF	0.1	49	-34	7.5	-3.5
SNPV	Xtrackers S&P 500 Value ESG ETF	0.1	15	0	7.2	-3.8
AWAY	ETFMG Travel Tech ETF	0.1	76	-61	-0.1	-11.0
FELG	Fidelity Enhanced Large Cap Growth ETF	0.1	18	-3	5.3	-5.7
JMOM	JPMorgan U.S. Momentum Factor ETF	0.1	12	3	4.8	-6.1
WISE	Themes Generative Artificial Intelligence ETF	0.1	35	-20	0.5	-10.4
SCHX	Schwab U.S. Large-Cap ETF	0.1	3	12	5.5	-5.5
IYG	iShares US Financial Services ETF	0.1	40	-25	5.7	-5.2
BUG	Global X Cybersecurity ETF	0.1	51	-36	2.8	-8.2
HACK	ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund	0.1	60	-45	2.9	-8.0
SPXT	ProShares S&P 500 Ex-Technology ETF	0.1	9	6	5.9	-5.1
IMCV	iShares Morningstar Mid-Cap Value ETF	0.1	6	9	8.6	-2.3
SCHG	Schwab U.S. Large-Cap Growth ETF	0.1	4	11	4.4	-6.6
DFLV	Dimensional US Large Cap Value ETF	0.1	22	-7	8.4	-2.6
IYK	iShares U.S. Consumer Staples ETF	0.1	40	-25	6.1	-4.8
SPXN	ProShares S&P 500 Ex-Financials ETF	0.1	9	6	5.5	-5.5
FDCF	Fidelity Disruptive Communications ETF	0.1	50	-35	3.5	-7.4
HERO	Global X Video Games & Esports ETF	0.1	50	-35	4.4	-6.6
IMCB	iShares Morningstar Mid-Cap ETF	0.1	4	11	6.4	-4.6
SPRX	Spear Alpha ETF	0.1	75	-60	0.1	-10.9
SNPE	Xtrackers S&P 500 ESG ETF	0.1	10	5	5.6	-5.4
GGUS	Marketbeta Russell 1000 Growth Equity ETF	0.1	12	3	4.9	-6.1
CLOU	Global X Cloud Computing ETF	0.0	68	-53	2.1	-8.9
VSLU	Applied Finance Valuation Large Cap ETF	0.0	49	-34	6.1	-4.9
QRFT	Qraft Ai-Enhanced U.S. Large Cap ETF	0.0	75	-60	4.5	-6.5
SPXE	ProShares S&P 500 Ex-Energy ETF	0.0	9	6	5.3	-5.7
STXG	Strive 1000 Growth ETF	0.0	18	-3	4.3	-6.7
IETC	iShares U.S. Tech Independence Focused ETF	0.0	18	-3	4.2	-6.8
QOWZ	Invesco Nasdaq Free Cash Flow Achievers ETF	0.0	39	-24	4.0	-6.9
IMCG	iShares Morningstar Mid-Cap Growth ETF	0.0	6	9	4.4	-6.6
IWF	iShares Russell 1000 Growth ETF	0.0	19	-4	4.8	-6.1
VONG	Vanguard Russell 1000 Growth ETF	0.0	8	7	5.0	-6.0
STXD	Strive 1000 Dividend Growth ETF	0.0	35	-20	5.2	-5.8
SPXV	ProShares S&P 500 Ex-Health Care ETF	0.0	9	6	5.2	-5.8
ILCV	iShares Morningstar Value ETF	0.0	4	11	7.0	-3.9
ILCB	iShares Morningstar U.S. Equity ETF	0.0	3	12	5.4	-5.6
BBUS	JP Morgan Betabuilders U.S. Equity ETF	0.0	2	13	5.4	-5.5
ILCG	iShares Morningstar Growth ETF	0.0	4	11	4.1	-6.8
AVSD	Avantis Responsible International Equity ETF	0.0	23	-8	5.9	-5.0

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

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RESULTS & ESTIMATES

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

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*

*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS

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

Historical valuation trends

Forward multiple:	Vanguard S&P Small-Cap 600 Value ETF
Relative to:	S&P500	MSCI EAFE	MSCI Emg. Mkts.	Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™

Calculation of ALTAR Score™
Avg. Return on Equity	11.6	%
Divided by: Fwd. P/BV	1.0	x
Less: Expense ratio	15	bp
Equals: ALTAR Score	11.0	%

More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS

COMPOSITE RATING	1.73	CATEGORY AVERAGE	1.58

The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale: BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3. Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.