Scott McKenna, Author at ETF Logic

About Scott McKenna

Sales & Marketing Associate

Posts by Scott McKenna:

ETFLogic Weekly Update 6/14

June 18, 2019

It’s a busy week for the ETFLogic team – with our quant team at the Battlefin event in New York talking about our ETF dataset products and sales heading to Dana Point for the IMN Global Indexing & ETFs event.

Our head of Sales Lindsey Tewell will be speaking on a panel at the IMN event on New & noteworthy ETFs to discuss what exactly is required to bring a liquid, investable product to market in today’s increasingly crowded ETF landscape, as well as chart the next wave of innovation in the sector. Other topics for the panel include:

Do no-fee ETFs have the potential to unseat index fund giants?
How are regulatory shifts impacting exchange rules and operating models for market-makers?
How are new funds being marketed, and to which segments of investors? How are ETF investor sentiments changing?
Which ETF strategies are experiencing the fastest growth? Is growth likely to keep up in a prolonged bull market? How are ETFs expected to perform in a downcycle?

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

Last week, Pfizer PFE acquired Array ARRY for a 50% premium – which gave a huge boost to biotech ETFs, especially SBIO which has a 6.26% weight in ARRY. Gold miner ETFs also posted top returns for the week.

The Barclays Return on Disability ETN RODI took the biggest hit, followed by India ETF SCIF and semiconductor ETFs. VanEcks esports ETF ESPO also made last weeks worst returns, potentially due to the entrance of the new esports ETF NERD.

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

With a lot of hype around the fed and the press potential to cut interest rates, US treasury ETFs soared.

International fixed income names were last weeks biggest losers.

US Listed ETFs – Equity – Top Inflows & Outflows

SPY and QQQ led equity inflows, followed by the consumer discretionary, materials XLB, and financial XLF sector funds.

iShares MSCI EAFE EFA led outflows last week, followed by industrials, emerging markets, and energy. China, health care and Russia also saw money flowing out for the week.

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

iShares iBoxx corporate bond ETF LQD led fixed income inflows, while iShares 1-3 year treasury bond SHY bottomed out.

Treasury ETFs overall saw a mix of inflows and outflows last week, as sentiment has been mixed about whether or not the fed will cut interest rates.
On-Screen Liquidity Momentum

Top 10 secondary-market volume increases where ADV 5-day increased substantially over ADV 20-day and ADV 5-day > $10mm

ETF Name	Ticker	% diff
Xtrackers MSCI All China Equity ETF	CN	395%
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF	MFEM	391%
Principal Active Income ETF	YLD	390%
Invesco S&P 500 Equal Weight Industrials ETF	RGI	269%
iShares Exponential Technologies ETF	XT	219%
Invesco S&P SmallCap Low Volatility ETF	XSLV	214%
iShares Broad USD High Yield Corporate Bond ETF	USHY	210%
Invesco S&P 500 Equal Weight Health Care ETF	RYH	206%
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	PDBC	202%
Invesco BulletShares 2019 Corporate Bond ETF	BSCJ	192%

New Launches, Filings, Closings and Changes

New Launches:

KFA Large Cap Quality Dividend Index ETF KLCD 41 bps
iShares Genomics Immunology and Healthcare ETF IDNA 47 bps
iShares Cybersecurity and Tech ETF IHAK47 bps
KFA Small Cap Quality Dividend Index ETF KSCD 51 bps

New Filings:

KFA Global Carbon ETF
Franklin Liberty US Core Bond ETF

Closings:

Two Global X funds are set to see their last day of trading on July 5. Both track indexes from J.P. Morgan and are ETFs of ETFs
- The Global X JPMorgan Efficiente Index ETF EFFE
- Global X JPMorgan US Sector Rotator Index ETF SCTO

Expense Ratio Changes:

Vanguard Dividend Appreciation ETF VIG 8→6 bps
Columbia EM Core ex-China ETF XCEM 23→16 bps
Innovation Alpha Trade War ETF TWAR 80→81 bps
American Century Diversified Corporate Bond ETF KORP 45→29 bps
JPMorgan Diversified Return Europe Equity ETF JPEU 38→37 bps
JPMorgan Diversified Return Global Equity ETF JPGE 38→29 bps

ETFLogic Weekly Update 6/7

Scott McKenna / Blog, Weekly Update /

June 11, 2019

Welcome to ETFLogic’s weekly update.

We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogicInsights Platform.

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

Last week saw an interesting winner – the Direxion MSCI Cyclicals Over Defensives ETF RWCD. This fund measures the performance of a portfolio that has 150% long exposure to the MSCI USA Cyclical Sectors Index and 50% short exposure to the MSCI USA Defensive Sectors Index.

The technology sector was amongst the winners last week as well, led by Invesco DWA Technology Momentum fund PTF.

India and China seemed to be last week’s biggest losers, followed by a mix of energy, precious metals, Pakistan, and UAE names.

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

Convertible securities led the fixed income charge last week, and there were a number of emerging markets ETFs which topped out as well.

Long term treasury ETFs were last weeks biggest losers.

US Listed ETFs – Equity – 1 Week Inflows & Outflows

SPY led inflows last week, while money flowed out of VTI.

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

Interesting mix of flows for short term treasury names, with large inflows into SHV and major outflows from SHY

On-Screen Liquidity Momentum

Top 10 secondary-market volume increases where ADV 5-day increased substantially over ADV 20-day and ADV 5-day > $10mm

ETF Name	Ticker	% diff
Principal Investment Grade Corporate Active ETF	IG	400%
iShares ESG MSCI EM ETF	ESGE	269%
iShares Short Treasury Bond ETF	SHV	257%
ETFMG Prime Mobile Payments ETF	IPAY	251%
iShares 1-3 Year Treasury Bond ETF	SHY	239%
Vanguard FTSE Pacific ETF	VPL	226%
iShares 0-5 Year TIPS Bond ETF	STIP	214%
Invesco S&P 500 Equal Weight Consumer Staples ETF	RHS	208%
Materials Select Sector SPDR Fund	XLB	205%
SPDR Portfolio Short Term Treasury ETF	SPTS	200%

New Launches, Filings, Closings and Changes

New Launches:

Innovation a United States ETF INAU, 81 bps
Innovation Alpha Global ETF INAG, 81 bps
Innovation Alpha Trade War ETF TWAR, 80 bps
Pacer Trendpilot Fund of Funds ETF TRND, 78 bps
iShares Edge MSCI Multifactor USA Mid-Cap ETF MIDF, 25 bps

New Filings

Global X filed for its own Marijuana ETF

Closings

ProShares is closing 3 ETFs that offer exposure to gold miner stocks and credit default swaps in August
- ProShares UltraShort Gold Miners GDXS
- ProShares Ultra Gold Miners GDXX
- ProShares CDS Short North American HY Credit ETF WYDE

Expense Ratio Changes

Columbia EM Core ex-China ETF XCEM, 35-23 bps
Columbia Multi-Sector Municipal Income ETF MUST, 28-23 bps
KraneShares MSCI All China Health Care Index ETF KURE, 82-65 bps
Xtrackers Low Beta High Yield Bond ETF HYDW, 25-20 bps

ETF Lens: Tableau Acquisition

Scott McKenna / Articles, Blog /

June 10, 2019

Salesforce announced this morning that it will acquire data visualization platform Tableau for an all-stock deal valued at $15.7 billion. This was a huge jump on Tableau’s market cap, which was at a $10.79B valuation by the close of trading on Friday.

With this acquisition, Tableau Class A and B shares will be exchanged for 1.103 shares of Salesforce common stock.

But surely we aren’t the only ones interested in how Tableau has been represented in the world of ETFs. In order to dive into Tableau’s ETF ownership, we used the reverse ticker lookup function in the ETFLogic Insights platform and the unique corporate insights report which we provide as a part of our corporate data suite.

Ticker	DATA
Name	Tableau Software Inc
Fund Count	69
Notional Held	$357.6M
Shares	3,054,341

As we can see, 69 ETFs have positions of Tableau, totaling $357.6m. For a major tech platform, this seems to be an under-representation compared to its competitors. Below are also the top 5 names with Tableau holdings.

ETF	Peer Group	Weight % in Fund	Notional Held	Shares	Expense Ratio
SYG	U.S. Equity Active Large Cap	2.87%	$962K	7,682	0.61%
NUMG	U.S. Equity Fundamental Factor Mid Cap	1.00%	$552K	4,411	0.40%
IRBO	Global Equity Non-Cap-Weighted Broad-based	0.99%	$373K	2,976	0.47%
SLT	U.S. Equity Non-Cap-Weighted Large Cap	0.93%	$108K	864	0.29%
GDAT	Global Equity Technology Sector	0.93%	$93K	739	0.50%
XITK	U.S. Equity Fundamental Factor Technology Sector	0.85%	$619K	4,944	0.45%
IGV	North America Equity Technology Sector	0.81%	$22M	173,923	0.47%
PMOM	U.S. Equity Technical Factor Broad-based	0.73%	$41K	326	0.29%
XSW	U.S. Equity Non-Cap-Weighted Technology Sector	0.63%	$1M	11,746	0.35%
OGIG	Global Equity Fundamental Factor Technology Sector	0.63%	$319K	2,550	0.48%
AIQ	Developed Markets Equity Technology Sector	0.54%	$226K	1,808	0.68%
VBK	U.S. Equity Fundamental Factor Small Cap	0.52%	$47M	372,611	0.07%
XT	Global Equity Factor Technology Sector	0.46%	$11M	85,756	0.47%
JKH	U.S. Equity Fundamental Factor Mid Cap	0.43%	$2M	18,476	0.30%
ETHO	U.S. Equity ESG Broad-based	0.36%	$196K	1,566	0.45%
JHMT	U.S. Equity Factor Technology Sector	0.31%	$175K	1,401	0.40%
SCHM	U.S. Equity Mid Cap	0.29%	$17M	139,599	0.04%
IWP	U.S. Equity Fundamental Factor Mid Cap	0.28%	$30M	238,185	0.25%
OSIZ	U.S. Equity Large Cap	0.26%	$14K	113	0.19%
SFYX	U.S. Equity Fundamental Factor Large Cap	0.25%	$16K	126	0.00%
JMOM	U.S. Equity Technical Factor Large Cap	0.24%	$100K	801	0.12%
VB	U.S. Equity Small Cap	0.24%	$59M	467,395	0.05%
SMMD	U.S. Equity Broad-based	0.20%	$69K	550	0.15%
VXF	U.S. Equity Broad-based	0.17%	$13M	100,500	0.07%
SIZE	U.S. Equity Non-Cap-Weighted Broad-based	0.17%	$648K	5,173	0.15%
EUSA	U.S. Equity Non-Cap-Weighted Broad-based	0.16%	$438K	3,497	0.15%
IYW	U.S. Equity Technology Sector	0.16%	$6M	48,855	0.43%
FTEC	U.S. Equity Technology Sector	0.16%	$4M	29,321	0.08%
IUSS	U.S. Equity Fundamental Factor Small Cap	0.15%	$4K	28	0.23%
VGT	U.S. Equity Technology Sector	0.14%	$33M	262,480	0.10%
IETC	U.S. Equity Fundamental Factor Technology Sector	0.13%	$13K	105	0.18%
QRFT	U.S. Equity Active Large Cap	0.13%	$4K	33	0.75%
ROM	U.S. Equity Technology Sector 2x Leveraged	0.13%	$411K	3,279	0.95%
IWR	U.S. Equity Mid Cap	0.12%	$23M	184,437	0.20%
IGM	North America Equity Technology Sector	0.12%	$2M	15,129	0.47%
JHMM	U.S. Equity Factor Mid Cap	0.11%	$1M	9,602	0.45%
EQWM	U.S. Equity Non-Cap-Weighted Mid Cap	0.11%	$27K	218	0.25%
VFMO	U.S. Equity Active Broad-based	0.11%	$13K	108	0.13%
EQAL	U.S. Equity Non-Cap-Weighted Large Cap	0.09%	$504K	4,026	0.20%
IWF	U.S. Equity Fundamental Factor Large Cap	0.07%	$28M	227,077	0.20%
VONG	U.S. Equity Fundamental Factor Large Cap	0.06%	$1M	10,282	0.12%
SCHG	U.S. Equity Fundamental Factor Large Cap	0.06%	$5M	37,280	0.04%
PRFZ	U.S. Equity Fundamental Factor Broad-based	0.06%	$1M	9,230	0.39%
OMOM	U.S. Equity Technical Factor Large Cap	0.06%	$3K	26	0.19%
RWCD	U.S. Equity Non-Cap-Weighted Broad-based	0.05%	$8K	65	0.45%
ONEO	U.S. Equity Factor Large Cap	0.05%	$193K	1,544	0.20%
JUST	U.S. Equity ESG Large Cap	0.04%	$47K	372	0.20%
SPLG	U.S. Equity Large Cap	0.04%	$848K	6,769	0.03%
SCHX	U.S. Equity Large Cap	0.03%	$6M	46,080	0.03%
PBUS	U.S. Equity Broad-based	0.03%	$1K	8	0.04%
MXDU	U.S. Equity Technical Factor Broad-based	0.03%	$38K	300	0.34%
SCHK	U.S. Equity Large Cap	0.03%	$268K	2,138	0.05%
IWB	U.S. Equity Large Cap	0.03%	$7M	52,322	0.15%
IYY	U.S. Equity Broad-based	0.03%	$393K	3,136	0.20%
VONE	U.S. Equity Large Cap	0.03%	$317K	2,529	0.12%
ITOT	U.S. Equity Broad-based	0.03%	$6M	51,018	0.03%
SCHB	U.S. Equity Broad-based	0.03%	$5M	37,296	0.03%
IWV	U.S. Equity Broad-based	0.03%	$3M	22,812	0.20%
DYNF	U.S. Equity Active Broad-based	0.03%	$6K	44	0.30%
VTI	U.S. Equity Broad-based	0.03%	$37M	291,974	0.03%
SPTM	U.S. Equity Broad-based	0.03%	$988K	7,888	0.03%
VTHR	U.S. Equity Broad-based	0.03%	$127K	1,011	0.15%
TILT	U.S. Equity Factor Broad-based	0.03%	$371K	2,963	0.25%
TOK	Developed Markets Equity Broad-based	0.02%	$33K	266	0.25%
JHML	U.S. Equity Factor Large Cap	0.02%	$200K	1,597	0.35%
ACWI	Global Equity Broad-based	0.02%	$2M	15,906	0.31%
VT	Global Equity Broad-based	0.02%	$2M	17,011	0.09%
RGLB	Global Equity Fundamental Factor Broad-based	0.01%	$2K	13	0.43%
ESG	U.S. Equity ESG Broad-based	0.01%	$6K	45	0.32%

This table is also interactive and includes all 69 ETFs with Tableau holdings.

In order to dive even deeper into ETF ownership, we looked at a report from our corporate insights suite.

Overall, we found Tableau was under-represented in ETFs. Only 35% of Tableau stock is held in smart-beta names – versus 42% for peers. What’s also notable is that Tableau is only listed in a small number of thematic ETFs – which is surprising given its unique position in the tech space.

To receive the full investor insights report for Tableau, or to get more information on the implications of what this acquisition will do for Salesforce stock and its passive ownership by ETFs, please fill out the form below.

ETFLogic Weekly Update 5/31

Scott McKenna / Blog, Weekly Update /

June 4, 2019

Welcome to ETFLogic’s weekly update.

We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogic Insights Platform

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

Gold and precious metals led equity ETF returns last week, as well as Greece and South Africa.

Cannabis bottomed out, and technology took a hit as the House Judiciary Committee scrutinized the tech giants and launched an investigation over competition in the industry.

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

Long term treasuries led fixed income ETF returns last week, and high yield corporate ETFs were last weeks biggest losing category.

VelocityShares Long LIBOR ETN ULBR fell nearly 10% last week.

US Listed ETFs – Equity – 1 Week Inflows & Outflows

As market concerns carried on last week equity, ETFs only saw around $3b in inflows, led by iShares Core S&P 500 IVV.

Outflows were led by SPDR S&P 500 Trust SPY, with $4.5B leaving the fund.

It’s also noteworthy to mention last weeks outflows from iShares quality fund QUAL and inflows into momentum fund iShares Edge MSCI U.S.A Momentum Factor MTUM.

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

Treasury bond ETFs saw top inflows last week, led by intermediate-term ETF IEF, short term ETF SHY, and long-term ETF TLT.

Top outflows were led by high yield corporate bond ETFs iShares iBoxx USD high Yield Corporate Bond HYG and SPDR Bloomberg Barclays High Yield Bond JNK.

On-Screen Liquidity Momentum

Top 10 secondary-market volume increases where ADV 5-day increased substantially over ADV 20-day and ADV 5-day > $10mm

ETF Name	Ticker	% diff
iShares MSCI Europe Small-Cap ETF	IEUS	276%
SPDR Bloomberg Barclays Intermediate Term Treasury ETF	ITE	276%
WBI BullBear Global High Income ETF	WBIH	275%
PIMCO Investment Grade Corporate Bond Index ETF	CORP	234%
Invesco BuyBack Achievers ETF	PKW	191%
iShares S&P GSCI Commodity Indexed Trust	GSG	188%
PIMCO 1-5 Year US TIPS Index ETF	STPZ	186%
SPDR Portfolio Long Term Treasury ETF	SPTL	171%
JPMorgan Diversified Return International Equity ETF	JPIN	165%
Global X Cloud Computing ETF	CLOU	143%

New Launches, Filings, Closings and Changes

New Launches:

First Trust Indxx NextG ETF NXTG, 70 bps
WBI BullBear Trend Switch U.S. 3000 Total Return ETF WBIT, 68 bps
iM DBi Managed Futures Strategy ETF DBMF, 85 bps
Innovator ETFs added 3 more products to its suite of defined outcome ETFs
- Innovator S&P 500 Buffer ETF – June BJUN
- Innovator S&P 500 Power Buffer ETF – June PJUN
- Innovator S&P 500 Ultra Buffer ETF – June UJUN
Roundhill Bitkraft Esports and Digital Entertainment ETF NERD, 25 bps
Nuveen added to their suite of ESG funds with the Nuveen ESG Large-Cap ETF NULC, 20 bps

New Filings

First Trust has filed for a new ESG ETF, the EIP Carbon Impact ETF=

Closings

ETF Industry Exposure & Financial Services ETF TETF will end trading on June 18th

Expense Ratio Changes

iShares India 50 ETF INDY, 92→89 bps
iShares MSCI Emerging Markets Asia ETF EEMA, 50→49 bps
iShares MSCI Emerging Markets Small Cap ETF EEMS, 67→66 bps
Xtrackers High Beta High Yield Bond ETF HYUP, 35→20 bps

ETFLogic Weekly Update 5/24

Scott McKenna / Blog, Weekly Update /

May 28, 2019

Welcome to ETFLogic’s weekly update.

We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogicInsights Platform.

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

Last week brought high returns for the Indian subcontinent, with Pakistani, Indian, and Indonesian equities spiking as the Indian general election came to a close.

Similarly, Brazilian equities saw a spike last week as the country moves toward a number of key reforms led by Bolsonaro, which if executed properly could lead to rapid growth.

Real estate and Utilities also posted significant returns last week.

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

Long-term treasury ETFs topped last week’s fixed income returns, led by ZROZ and EDV.

The VelocityShare Long LIBOR ETN ULBR led losses last week, as the federal reserve and other government agencies has put forth guidelines to adopt other reference rates.

US Listed ETFs – Equity – 1 Week Inflows & Outflows

Top Equity Inflows last week were into the iShares Edge MSCI USA Quality Factor QUAL. Large inflows were seen into USMV as well, as continued market volatility had investors seeking low-vol options.

Top outflows were led by broad US index funds QQQ and IWM, followed by the health care, utilities, financial and consumer discretionary select sector funds.

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

Vanguard Total Bond Market BND led fixed income ETF flows for the third week in a row.

Long term treasury ETFs saw major inflows in addition to posting some of the best returns last week.

Short term corporate bonds had money pouring out of them last week, and the largest outflow was from iShares iBoxx $ Investment Grade Corporate Bond LQD.

On-Screen Liquidity Momentum

Top 10 secondary-market volume increases where ADV 5-day increased substantially over ADV 20-day and ADV 5-day > $10mm

ETF Name	Ticker	% diff
Xtrackers MSCI U.S.A. ESG Leaders Equity ETF	USSG	300%
Xtrackers International Real Estate ETF	HAUZ	297%
VanEck Vectors Rare Earth/Strategic Metals ETF	REMX	273%
JPMorgan BetaBuilders MSCI U.S. REIT ETF	BBRE	219%
Invesco S&P 500 High Beta ETF	SPHD	216%
iShares Commodities Select Strategy ETF	COMT	189%
Invesco CurrencyShares British Pound Sterling Trust	FXB	162%
iShares International Developed Real Estate ETF	IFGL	155%
iShares U.S. Utilities ETF	IDU	146%
Xtrackers MSCI Europe Hedged Equity ETF	DBEU	110%

New Launches, Filings, Closings and Changes

New Launches:

QRAFT AI-Enhanced U.S. Large Cap Momentum ETF AMOM,75
QRAFT AI-Enhanced U.S. Large Cap ETF QRFT, 75 bps
WisdomTree Modern Tech Platforms Fund PLAT, 45 bps
AGFiQ Global Infrastructure ETF GLIF, 45 bps
AGFiQ Dynamic Hedged U.S. Equity ETF USHG, 55 bps

New Filings

Columbia Threadneedlefiled for two smart beta ETFs
- Columbia Research Enhanced Core ETF RECS
- Columbia Research Enhanced Value ETF REVS
First Trust filed the First Trust Multi-Manager Small Cap ETF

Closings

Columbia Threadneedle plans to shut down four ETFs on June 14
- Columbia Beyond BRICs ETF BBRC
- Columbia EM Quality Dividend ETF HILO
- Columbia India Infrastructure ETF INXX
- Columbia India Small Cap ETF SCIN
QuantX officially exited the ETF market with the close of their three funds last week
- QuantX Risk Managed Growth ETF QXGG
- QuantX Risk Managed Multi-Asset Total Return ETF QXTR
- QuantX Dynamic Beta US Equity ETF XUSA

Expense Ratio Changes

First Trust Dow Jones Internet Index Fund FDN 53→52 bps
First Trust NYSE Arca Biotechnology Index Fund FBT 56→57 bps
First Trust NASDAQ-100 Technology Sector Index Fund QTEC 58→57 bps
First Trust S&P REIT Index Fund FRI 48→50 bps
AdvisorShares Newfleet Multi-Sector Income ETF MINC 75→69 bps

ETFLogic Weekly Update 5/17

Scott McKenna / Blog, Weekly Update /

May 21, 2019

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

Equity ETF returns were led by Principal Sustainable Momentum Index, PMOM.

With the Indian general elections coming to a close last week, India-related ETFs saw a big boost as analysts predict a Modi win.

Semiconductors took the biggest hit last week with continued global trade tensions, followed by Chinese equities.

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

Fixed income ETF returns were led by PIMCO 25+ Year Zero Coupon US Treasury Index ZROZ.

Emerging Markets fixed income ETFs had mixed performance last week, with EMB, PCY, EMIH making top 10 best and LEMB, EMLC, FEMB making top 10 worst returns.

US Listed ETFs – Equity – 1 Week Inflows & Outflows

Largest inflows were seen into the big names, as well as the health care sector.

The iShares PHLX Semiconductor SOXX also saw a large inflow last week as it’s price steeply dropped.

Equity outflows were led by iShares MSCI Emerging Markets EEM.

The consumer discretionary, utilities, industrial, consumer staples, financial and communication select sector funds all saw major outflows for last week as well.

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

Fixed income ETF inflows for last week were led by the iShares Short Treasury bond SHV.

Outflows were led by iShares iBoxx USD Investment Grade Corporate Bond LQD

On-Screen Liquidity Momentum

Top 10 secondary-market volume increases where ADV 5-day increased substantially over ADV 20-day and ADV 5-day > $10mm

ETF Name	Ticker	% diff
JPMorgan Diversified Return Global Equity ETF	JPGE	258%
iShares India 50 ETF	INDY	231%
iShares Agency Bond ETF	AGZ	220%
iShares Global Materials ETF	MXI	204%
iShares Global 100 ETF	IOO	204%
IQ Chaikin U.S. Large Cap ETF	CLRG	147%
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	GSLC	138%
SPDR Bloomberg Barclays TIPS ETF	IPE	114%
iShares Global Tech ETF	IXN	93%
iShares Broad USD Investment Grade Corporate Bond ETF	USIG	90%

New Launches, Filings, Closings and Changes

New Launches:

Acquirers Funds launched its first ETF, sub-advised by Exponential ETFs, which provides access to a 130/30 long/short equity strategy, the Acquirers Fund ZIG, 94bps
Quadratic Capital launched its first ETF, the Quadratic Interest Rate Volatility and Inflation Hedge ETF IVOL, 99bps
VanEck launched a new ETF of ETFs comprised of 5 other VanEck muni funds, the VanEck Vectors Municipal Allocation ETF MAAX, 65bps

New Filings

Granite Shares filed for two ETFs
- The GraniteShares Battery and Miners ETF, POWR
- The GraniteShares Junior Tech Mega Trends ETF, MEGA

Closings

Expense Ratio Changes

Columbia Multi-Sector Municipal Income ETF MUST, 28→23 bps
Columbia EM Core ex-China ETF XCEM, 35→16 bps
iShares JP Morgan USD Emerging Markets Bond ETF EMB 40→39 bps

ETFLogic Weekly Update 5/10

Scott McKenna / Blog, Weekly Update /

May 14, 2019

Welcome to ETFLogic’s weekly update.

We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogic Insights platform.

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

Infrastructure was the clear winner last week, with top returns led by MLPB, YMLI, and AMUB. Another 4 MLP names posted top returns as well.

Other top returns were in residential real estate ETF REZ, Global X Exporers GOEX, and the Long Term Care ETF OLD.

Worst returns were led by SPDR S&P Oil & Gas Equipment & Services XES.

As the trade wars heated up last week, technology, consumer discretionary, and China exposed names were hit the hardest.

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

Long-term treasury ETFs dominated top returns for fixed income, led by Vanguard Extended Duration Treasury EDV.

VelocityShares Long LIBOR ETN ULBR dropped -2.6% last week, and convertible securities and high yield names seemed to be the general losing trend.

US Listed ETFs – Equity – 1 Week Inflows & Outflows

There was a mix of names for top inflows last week, but the overall trend was into global equities. The health care sector (measured by XLV) also had significant inflows last week.

Although not shown above, we wanted to note the significant inflows into GraniteShares Gold Trust, BAR, of $43mm last week.

SPDR S&P 500 Trust SPY had massive outflows at -$7.5B, and the Financial, Materials, and Energy sectors also topped outflows last week.

Small caps also saw outflows last week, as we can see from IWM and and IJR.

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

Overall, the bond market saw inflows last week, as we can see by the Vanguard Total Bond Market BND and iShares Core US Aggregate Bond AGG. Short and intermediate term bonds had money flowing in last week, as well as treasury bonds.

High yield and emerging markets exposed ETFs led fixed income outflows last week.

On-Screen Liquidity Momentum

Top 10 secondary-market volume increases where ADV 5-day increased substantially over ADV 20-day and ADV 5-day > $10mm

ETF Name	Ticker	% diff
GraniteShares Gold Trust	BAR	210%
Franklin FTSE Japan ETF	FLJP	170%
ProShares Short QQQ	PSQ	129%
First Trust Nasdaq-100 Equal Weighted Index Fund	QQEW	125%
iShares Currency Hedged MSCI Japan ETF	HEWJ	115%
ProShares Short VIX Short-Term Futures ETF	SVXY	108%
Direxion Daily Technology Bear 3X Shares	TECS	104%
iShares MSCI All Country Asia ex Japan ETF	AAXJ	99%
VanEck Vectors Fallen Angel High Yield Bond ETF	ANGL	98%
Direxion Daily S&P 500 Bear 3X Shares	SPXS	98%

New Launches, Filings, Closings and Changes

New Launches:

Amplify launched a crowdfunding ETF, Amplify CrowdBureau Peer-to-Peer Lending & Crowdfunding ETF, LEND, 65bps
iShares adds to its ESG suite, the iShares ESG MSCI USA Leaders ETF, SUSL, 15bps
iShares adds Junk Bonds to its iBonds ETFs with five new funds, each at 35bps
- iShares iBonds 2021 Term High Yield and Income ETF IBHA
- iShares iBonds 2022 Term High Yield and Income ETF IBHB
- iShares iBonds 2023 Term High Yield and Income ETF IBHC
- iShares iBonds 2024 Term High Yield and Income ETF IBHD
- iShares iBonds 2025 Term High Yield and Income ETF IBHE
SoFi launched two new funds last week
- SoFi Gig Economy ETF GIGE, 59bps
- SoFi 50 ETF SFYF, 29bps

New Filings

USCF filed for a Crypto ETF, the USCF Crescent Crypto Index Fund XBET
Aberdeen filed for three AI driven ETFs and three Multi-Factor ETFs
- Aberdeen Standard AI Driven Emerging Markets Equity ETF
- Aberdeen Standard AI Driven International Equity ETF
- Aberdeen Standard AI Driven US Equity ETF
- Aberdeen Standard Multi Factor Emerging Markets Equity ETF
- Aberdeen Standard Multi Factor International Equity ETF
- Aberdeen Standard Multi Factor US Equity ETF
Index IQ filed for the IQ Ultra Short Duration ETF SDAG

Expense Ratio Changes

iShares MSCI India ETF INDA, 68→64
iShares Interest Rate Hedged High Yield Bond ETF HYGH, 54→53 bps
YieldShares High Income ETF YYY, 202→228 bps
iShares Interest Rate Hedged Corporate Bond ETF LQDH, 24→25 bps
Direxion Daily MSCI Japan Bull 3X Shares JPNL, 136→129 bps
iShares Inflation Hedged Corporate Bond ETF LQDI, 20→19 bps
Global X Russell 2000 Covered Call ETF RYLD, 75→60 bps
SPDR Bloomberg Barclays Emerging Markets Local Bond ETF EBND, 40→30 bps

ETFLogic Weekly Update 5/3

Scott McKenna / Blog, Weekly Update /

May 8, 2019

Welcome to ETFLogic’s weekly update.

We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogicInsights Platform.

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

Argentina led the pack for Equity ETF returns last week, with iShares MSCI Argentina and Global Exposure AGT and Global X MSCI Argentina ARGT both posting over 7.5%.

Health care was also a winning category, with the remaining top 10 returns all being health care & biotech related names, with the exception of the tech-focused Ark Innovation ETF ARKK.

China tensions escalated in the second half of the week, which led to significant losses to China names.

Indonesia, who just decided to switch its capital city at the end of April, also seemed to be a losing trend – with iShares MSCI Indonesia EIDO and VanEck Vectors Indonesia Index IDX.

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

Long duration and municipal bond ETFs led fixed income returns last week, led by PIMCO 25+ Year Zero Coupon US Treasury Index ZROZ.

Emerging Markets local bonds had the worst returns last week, along with other international fixed income names.

US Listed ETFs – Equity – 1 Week Inflows & Outflows

Financial Select Sector SPDR Fund XLF led Equity inflows last week, and was followed by a mix of small cap, utilities, large cap, consumer discretionary and semiconductor name SMH.

Semiconductors have made a significant comeback in 2019, with SMH and other semiconductor names SOXX, FTXL, and XSD all posting noteworthy returns YTD. But with the latest shake-up on a US-China trade deal, it’ll be interesting to see if this comeback from chipmakers will continue

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

Fixed income ETF inflows were led by iShares Broad USD High Yield Corporate Bond USHY. Short term bond ETFs had significant inflows last week as well.

Outflows were led by iShares iBoxx USD Investment Grade Corporate Bond LQD. Treasury bonds also saw large outflows last week.

On-Screen Liquidity Momentum

Top 10 secondary-market volume increases where ADV 5-day increased substantially over ADV 20-day and ADV 5-day > $10mm

ETF Name	Ticker	% diff
Principal Investment Grade Corporate Active ETF	IG	296%
Invesco 1-30 Laddered Treasury ETF	PLW	268%
iShares Broad USD High Yield Corporate Bond ETF	USHY	263%
Invesco BuyBack Achievers ETF	PKW	220%
Invesco S&P 500 Pure Growth ETF	RPG	203%
Invesco Russell Top 200 Pure Growth ETF	PXLG	186%
iShares U.S. Consumer Services ETF	IYC	159%
SPDR S&P China ETF	GXC	152%
Invesco S&P 500 Top 50 ETF	XLG	149%
Invesco DWA Momentum ETF	PDP	144%

New Launches, Filings, Closings and Changes

New Launches:

Pacer adds 5 new funds
- Pacer Trendpilot Fund of Funds ETF TRND
- Pacer Trendpilot International ETF PTIN
- Pacer Emerging Markets Cash Cows 100 ETF ECOW
- Pacer US Cash Cows Growth ETF BUL
- Pacer Cash Cows Fund of Funds ETF HERD
iPath Series B S&P 500 VIX Short Term Futures ETN VXX, 89 bps
iPath Series B S&P 500 VIX Mid-Term Futures ETN VXZ, 89 bps
Timothy Plan High Dividend Stock ETF TPHD, 52 bps

New Filings

Invesco adds to its BulletShares products with two new funds
- Invesco BulletShares 2029 Corporate Bond ETF
- Invesco BulletShares 2027 High Yield Corporate Bond ETF

Closings

WBI to close its two international ETFs
- WBI Bull|Bear Global Income ETF WBII
- WBI Bull|Bear Global Rotation ETF WBIR
Xtrackers MSCI United Kingdom Hedged Equity ETF DBUK
Xtrackers Germany Equity ETF GRMY

Expense Ratio Changes

CWA Income ETF, CWAI 75→76 bps
Vanguard changed the cost of 11 of its funds
- Vanguard Total Stock Market ETF VTI, 4→3 bps
- Vanguard S&P 500 ETF VOO, 4→3 bps
- Vanguard FTSE Developed Markets ETF VEA, 7→5 bps
- Vanguard FTSE Emerging Markets ETF VWO, 14→12 bps
- Vanguard Value ETF VTV, 5→4 bps
- Vanguard Growth ETF VUG, 5→4 bps
- Vanguard Total Bond Market ETF BND, 5→4 bps
- Vanguard Mid-Cap ETF VO, 5→4 bps
- Vanguard Large-Cap ETF VV, 5→4 bps
- Vanguard Extended Market ETF VXF, 8→7 bps
- Vanguard Global ex-U.S. Real Estate ETF VNQI, 14→12 bps

First Trust
- First Trust Capital Strength ETF FTCS, 61→60 bps
- First Trust Water ETF FIW, 56→55 bps
- First Trust Chindia ETF FNI, 60→59 bps
- First Trust Dorsey Wright DALI 1 ETF DALI, 92→91 bps

ETFLogic Weekly Update 4/26

Scott McKenna / Blog, Weekly Update /

April 30, 2019

Welcome to ETFLogic’s weekly update.

We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogicInsights Platform.

WeWork & Slack have announced IPO’s, the FOMC meeting kicks off today, and the Kentucky Derby is this Saturday!

Here’s what went down in the ETF markets last week…

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

Healthcare ETFs topped equity returns last week, along with silver and the two marijuana ETFs (MJ) and (YOLO).

Oil & Gas the clear losers last week, along with rare earth metals.

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

Fixed income returns were led by First Trust SSI Strategic Convertible Securities (FCVT).

International fixed income ETFs took a hit last week, with half of the worst return names being in emerging markets.

US Listed ETFs – Equity – 1 Week Inflows & Outflows

Equity ETF inflows were led by SPDR S&P Dividend ETF (SDY), followed by iShares Core MSCI EAFE (IEFA).

SPDR S&P 500 Trust (SPY) had largest equity outflows, followed by iShares Core S&P 500 (IVV).

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

Long-term treasury bond ETFs saw major inflows last week, led by iShares 20+ Year Treasury Bond (TLT). Long-term and intermediate-term names overall saw major inflows last week.

Short-term treasury bonds saw major outflows, led by a whopping $1.2B out of Vanguard Short-Term Bond (BSV). Short-term corporate bonds also saw outflows for the week.

On-Screen Liquidity Momentum

Top 10 secondary-market volume increases where ADV 5-day increased substantially over ADV 20-day and ADV 5-day > $10mm

ETF Name	Ticker	% diff
First Trust Utilities AlphaDEX Fund	FXU	285%
Xtrackers MSCI All China Equity	CN	266%
First Trust Health Care AlphaDEX Fund	FXH	231%
JPMorgan BetaBuilders Developed Asia ex-Japan	BBAX	216%
iShares Global REIT	REET	197%
Schwab Fundamental U.S. Small Company Index	FNDA	183%
Highland iBoxx Senior Loan	SNLN	145%
Goldman Sachs ActiveBeta Emerging Markets Equity	GEM	130%
iShares Edge MSCI Multifactor Intl	INTF	126%
Vanguard S&P 500 Growth ETF	VOOG	115%

New Launches, Filings, Closings and Changes

New Launches:

Virtus launched its Virtus Seix Senior Loan ETF (SEIX), 57 bps

New Filings

Aptus Collared Income Opportunity ETF (ACIO), 79 bps
Wahed FTSE USA Shariah ETF (HLAL), 50 bps

Closings

QuantX to close its remaining 3 funds
- QuantX Risk Managed Growth ETF (QXGG)
- QuantX Risk Managed Multi-Asset Total Return ETF (QXTR)
- QuantX Dynamix Beta US Equity ETF (XUSA)
The Workplace Equality Portfolio ETF EQLT from ALPS saw its last day of trading on the 26^th.

Expense Ratio Changes

Western Asset Total Return ETF (WBND): 47 bps→45 bps
VanEck Vectors Gold Miners ETF (GDX): 52 bps→53 bps
VanEck Vectors Junior Gold Miners ETF (GDXJ): 53 bps→54 bps
VanEck Vectors Russia ETF (RSX): 65 bps→67 bps
SPDR Bloomberg Barclays Intermediate Term Treasury ETF (ITE): 6 bps→ 10 bps
VanEck Vectors Vietnam ETF(VNM): 68 bps→66 bps
VanEck Vectors India Small-Cap Index ETF (SCIF): 3 bps→72 bps
VanEck Vectors Rare Earth/Strategic Metals ETF (REMX): 59 bps→57 bps
VanEck Vectors Brazil Small-Cap ETF (BRF): 60 bps→59 bps
VanEck Vectors Natural Resources ETF (HAP): 50 bps→49 bps
VanEck Vectors Africa Index ETF (AFK): 78 bps→84 bps
VanEck Vectors Egypt Index ETF (EGPT): 98 bps→94 bps
VanEck Vectors Israel ETF (ISRA): 60 bps→59 bps
VanEck Vectors Oil Refiners ETF (CRAK): 60 bps→59 bps
LHA Market State U.S. Tactical ETF (MSUS): 118 bps→125 bps

ETF Lens: Q1 Earnings

Scott McKenna / Articles, Blog /

April 24, 2019

The market is at all-time highs and earnings season is upon us. So we decided to crunch some numbers and put an ETF lens on Q1 2019 earnings. Below we have some stats for ~600 U.S equity-focused ETFs. We’ve looked at underlying components that have reported earnings and then basket-weighted the actual EPS and consensus EPS numbers.

*Data updated as of 5/9 @ 9am

What we did

Ticker	Name	AUM	Total # Companies in Basket	# companies reported	Weight Reported	Actual Over Consensus EPS	Surprise	Total Returns (ytd)	Total Returns (w1)	Total Returns (w2)	Total Returns (m1)
SPY	SPDR S&P 500 ETF Trust	$276,455,200,000	506	478	94%	105%	5%	16%	-1%	-2%	0%

Let’s look at SPY as an example: 478 companies in SPY’s basket have reported Q1 2019 earnings so far. This is about 94% of the fund’s total weight.

If we divide basket-weighted Actual EPS by Consensus EPS, the average is 105%. Or, viewed another way, we had about 5% positive surprise on average for the 478 companies earnings for Q1. With only 28 companies left to report, the surprise for SPY’s earnings is unlikely to fluctuate greatly.

Full Q1 ETF Earnings Table

Ticker	Name	AUM	Total # Companies in Basket	# companies reported	Weight Reported	Actual Over Consensus EPS	Surprise	Total Returns (ytd)	Total Returns (w1)	Total Returns (w2)	Total Returns (m1)
SPY	SPDR S&P 500 ETF Trust	$276,455,200,000	506	478	94%	105%	5%	15.56%	-1.25%	-1.55%	0.08%
IVV	iShares Core S&P 500 ETF	$177,958,600,000	528	478	91%	105%	5%	15.52%	-1.28%	-1.54%	0.09%
VTI	Vanguard Total Stock Market ETF	$115,206,600,000	3592	2490	69%	101%	1%	16.05%	-1.14%	-1.36%	0.20%
VOO	Vanguard S&P 500 ETF	$113,367,600,000	517	481	93%	101%	1%	15.57%	-1.27%	-1.55%	0.10%
QQQ	Invesco QQQ Trust	$74,674,120,000	106	93	88%	107%	7%	20.65%	-1.24%	-2.47%	0.70%
IJH	iShares Core S&P Mid-Cap ETF	$50,820,560,000	416	355	85%	105%	5%	16.77%	-1.01%	-1.04%	0.33%
VTV	Vanguard Value ETF	$48,075,650,000	345	314	91%	103%	3%	11.73%	-1.33%	-1.15%	-0.26%
IJR	iShares Core S&P Small Cap ETF	$45,705,310,000	614	498	81%	106%	6%	14.69%	-0.53%	0.01%	1.20%
IWF	iShares Russell 1000 Growth ETF	$44,581,660,000	566	508	90%	106%	6%	18.66%	-1.21%	-1.71%	0.35%
IWM	iShares Russell 2000 ETF	$43,792,410,000	2003	1418	71%	103%	3%	17.38%	-0.48%	0.01%	1.01%
VUG	Vanguard Growth ETF	$40,112,000,000	303	284	94%	106%	6%	19.75%	-1.18%	-1.85%	0.53%
IWD	iShares Russell 1000 Value ETF	$38,814,420,000	732	649	89%	105%	5%	13.02%	-1.34%	-1.26%	-0.16%
VIG	Vanguard Dividend Appreciation ETF	$34,122,400,000	188	176	94%	106%	6%	14.12%	-1.08%	-0.99%	0.83%
VNQ	Vanguard Real Estate ETF	$33,982,640,000	191	80	42%	112%	12%	15.77%	-1.39%	-0.46%	-1.35%
XLF	Financial Select Sector SPDR Fund	$26,101,710,000	83	67	81%	104%	4%	15.45%	-1.65%	-0.33%	3.60%
VO	Vanguard Mid-Cap ETF	$25,767,050,000	374	339	91%	109%	9%	18.54%	-1.25%	-1.18%	-0.13%
USMV	iShares Edge MSCI Min Vol U.S.A. ETF	$25,658,540,000	235	204	87%	104%	4%	12.60%	-0.82%	-0.61%	-0.08%
VB	Vanguard Small-Cap ETF	$25,569,800,000	1379	1111	81%	111%	11%	18.57%	-0.69%	-0.61%	0.61%
VYM	Vanguard High Dividend Yield ETF	$23,754,980,000	424	387	91%	104%	4%	11.14%	-1.30%	-1.43%	-0.72%
IVW	iShares S&P 500 Growth ETF	$23,312,650,000	316	281	89%	105%	5%	16.77%	-0.98%	-1.73%	0.38%
DIA	SPDR Dow Jones Industrial Average ETF Trust	$22,252,400,000	31	30	97%	98%	-2%	12.04%	-1.22%	-1.84%	-0.65%
XLK	Technology Select Sector SPDR Fund	$21,045,350,000	95	66	69%	107%	7%	23.76%	-2.10%	-3.04%	0.80%
VGT	Vanguard Information Technology ETF	$20,639,420,000	322	275	85%	107%	7%	24.67%	-2.01%	-2.80%	0.91%
MDY	SPDR S&P Midcap 400 ETF Trust	$20,570,650,000	401	349	87%	105%	5%	16.64%	-1.04%	-1.09%	0.30%
IWB	iShares Russell 1000 ETF	$20,147,430,000	1001	890	89%	106%	6%	15.83%	-1.28%	-1.52%	0.12%
ITOT	iShares Core S&P Total U.S. Stock Market ETF	$20,036,900,000	3570	2475	69%	106%	6%	15.97%	-1.18%	-1.37%	0.23%
IWR	iShares Russell Mid-Cap ETF	$19,181,560,000	799	702	88%	110%	10%	18.31%	-1.23%	-1.14%	-0.07%
SDY	SPDR S&P Dividend ETF	$18,836,840,000	135	105	78%	103%	3%	11.84%	-1.29%	-0.89%	-0.37%
XLV	Health Care Select Sector SPDR Fund	$18,437,700,000	77	59	77%	104%	4%	3.34%	-0.46%	1.07%	-2.91%
DVY	iShares Select Dividend ETF	$17,466,850,000	109	98	90%	105%	5%	11.58%	-1.13%	-1.30%	-0.57%
SCHX	Schwab U.S. Large-Cap ETF	$16,699,890,000	754	698	93%	105%	5%	15.75%	-1.26%	-1.52%	0.12%
RSP	Invesco S&P 500 Equal Weight ETF	$16,085,290,000	508	473	93%	106%	6%	16.13%	-1.35%	-1.43%	-0.56%
IVE	iShares S&P 500 Value ETF	$15,619,990,000	405	361	89%	105%	5%	14.06%	-1.61%	-1.38%	-0.26%
SCHB	Schwab U.S. Broad Market ETF	$14,774,520,000	2438	2006	82%	106%	6%	16.04%	-1.20%	-1.41%	0.20%
VV	Vanguard Large-Cap ETF	$14,306,270,000	611	567	93%	104%	4%	15.65%	-1.25%	-1.53%	0.15%
VBR	Vanguard Small-Cap Value ETF	$13,734,070,000	844	681	81%	122%	22%	16.03%	-0.69%	-0.33%	0.68%
XLE	Energy Select Sector SPDR Fund	$12,265,120,000	37	29	78%	91%	-9%	12.03%	0.14%	-4.98%	-4.96%
QUAL	iShares Edge MSCI U.S.A. Quality Factor ETF	$11,251,010,000	147	120	82%	102%	2%	16.87%	-1.39%	-2.04%	-0.23%
IWS	iShares Russell Mid-Cap Value ETF	$11,004,050,000	600	520	87%	110%	10%	15.40%	-1.28%	-1.23%	-0.34%
XLP	Consumer Staples Select Sector SPDR Fund	$10,939,210,000	45	32	71%	106%	6%	12.35%	-0.42%	0.48%	1.78%
IWP	iShares Russell Mid-Cap Growth ETF	$10,895,650,000	440	385	88%	110%	10%	22.40%	-1.11%	-0.95%	0.27%
SPLV	Invesco S&P 500 Low Volatility ETF	$10,559,340,000	102	91	89%	104%	4%	13.89%	-1.03%	-0.64%	0.28%
XLI	Industrial Select Sector SPDR Fund	$10,371,530,000	93	69	74%	102%	2%	18.80%	-1.78%	-1.12%	0.58%
IWO	iShares Russell 2000 Growth ETF	$9,536,967,000	1244	894	72%	89%	-11%	19.57%	-0.49%	-0.09%	1.00%
IWV	iShares Russell 3000 ETF	$9,478,926,000	2958	2296	78%	105%	5%	15.95%	-1.18%	-1.37%	0.21%
SCHD	Schwab U.S. Dividend Equity ETF	$9,462,543,000	102	97	95%	106%	6%	12.87%	-1.66%	-1.97%	-0.70%
FDN	First Trust Dow Jones Internet Index Fund	$9,334,960,000	42	37	88%	108%	8%	23.48%	-1.59%	-1.94%	1.02%
IWN	iShares Russell 2000 Value ETF	$9,248,657,000	1372	965	70%	116%	16%	14.98%	-0.47%	0.11%	0.98%
VOE	Vanguard Mid-Cap Value ETF	$9,225,342,000	207	185	89%	104%	4%	15.32%	-1.24%	-1.54%	-0.40%
VHT	Vanguard Health Care ETF	$9,177,010,000	360	277	77%	102%	2%	4.92%	-0.37%	0.91%	-2.92%
XLU	Utilities Select Sector SPDR Fund	$9,144,289,000	51	25	49%	106%	6%	8.53%	-1.67%	-1.72%	-1.42%
VBK	Vanguard Small-Cap Growth ETF	$9,067,227,000	623	499	80%	97%	-3%	21.54%	-0.69%	-0.83%	0.37%
AMLP	Alerian MLP ETF	$8,921,555,000	24	18	75%	108%	8%	15.44%	1.02%	-0.80%	-1.79%
MTUM	iShares Edge MSCI U.S.A. Momentum Factor ETF	$8,546,708,000	131	121	92%	105%	5%	12.51%	-0.89%	-0.44%	0.31%
SCHA	Schwab U.S. Small-Cap ETF	$8,501,190,000	1734	1335	77%	123%	23%	18.45%	-0.50%	-0.14%	1.04%
IBB	iShares NASDAQ Biotechnology ETF	$7,763,950,000	231	147	64%	90%	-10%	9.50%	-0.37%	-1.05%	-6.23%
SCHG	Schwab U.S. Large-Cap Growth ETF	$7,754,409,000	408	373	91%	106%	6%	18.28%	-1.13%	-1.69%	0.44%
IJK	iShares S&P Mid-Cap 400 Growth ETF	$7,743,951,000	258	211	82%	106%	6%	16.75%	-0.87%	-0.92%	0.43%
VFH	Vanguard Financials ETF	$7,724,204,000	411	354	86%	108%	8%	16.22%	-1.49%	-0.20%	3.67%
HDV	iShares Core High Dividend ETF	$7,102,295,000	93	74	80%	103%	3%	11.00%	-1.48%	-1.54%	-1.46%
DGRO	iShares Core Dividend Growth ETF	$7,082,417,000	501	465	93%	104%	4%	13.20%	-1.30%	-0.93%	0.27%
VXF	Vanguard Extended Market ETF	$7,050,500,000	3250	2050	63%	109%	9%	18.47%	-0.66%	-0.57%	0.67%
IJJ	iShares S&P Mid-Cap 400 Value ETF	$6,654,474,000	306	259	85%	104%	4%	16.47%	-1.21%	-1.42%	0.18%
IJS	iShares S&P Small-Cap 600 Value ETF	$6,480,329,000	469	379	81%	106%	6%	15.89%	-0.18%	-0.05%	1.34%
IUSG	iShares Core S&P U.S. Growth ETF	$6,297,175,000	562	492	88%	105%	5%	16.76%	-0.95%	-1.65%	0.31%
VOT	Vanguard Mid-Cap Growth ETF	$6,187,082,000	174	163	94%	112%	12%	21.64%	-1.21%	-0.74%	0.12%
SCHM	Schwab U.S. Mid-Cap ETF	$6,118,996,000	499	443	89%	105%	5%	17.60%	-1.13%	-1.35%	-0.09%
FVD	First Trust Value Line Dividend Index Fund	$5,975,203,000	196	183	93%	104%	4%	13.44%	-0.99%	-0.48%	0.71%
XLC	Communication Services Select Sector SPDR Fund	$5,858,500,000	37	22	59%	90%	-10%	19.20%	-0.99%	-2.46%	1.57%
IJT	iShares S&P Small-Cap 600 Growth ETF	$5,790,736,000	345	270	78%	106%	6%	13.43%	-0.79%	0.09%	1.10%
SCHV	Schwab U.S. Large-Cap Value ETF	$5,758,702,000	348	325	93%	104%	4%	12.77%	-1.43%	-1.34%	-0.38%
IUSV	iShares Core S&P U.S. Value ETF	$5,538,767,000	695	620	89%	104%	4%	14.39%	-1.46%	-1.27%	-0.11%
PRF	Invesco FTSE RAFI U.S. 1000 ETF	$5,538,598,000	1010	899	89%	104%	4%	13.80%	-1.22%	-1.26%	-0.06%
SCHH	Schwab U.S. REIT ETF	$5,471,051,000	97	44	45%	118%	18%	13.95%	-1.73%	-0.73%	-1.33%
ITA	iShares U.S. Aerospace & Defense ETF	$5,145,539,000	40	31	78%	101%	1%	19.85%	-0.89%	-0.43%	3.65%
OEF	iShares S&P 100	$5,033,378,000	108	98	91%	105%	5%	15.32%	-1.20%	-1.66%	0.53%
FNDX	Schwab Fundamental U.S. Large Company Index ETF	$5,008,349,000	708	664	94%	105%	5%	13.65%	-1.23%	-1.44%	-0.31%
SPYG	SPDR Portfolio S&P 500 Growth ETF	$4,947,980,000	318	281	88%	105%	5%	16.88%	-0.97%	-1.69%	0.40%
VDC	Vanguard Consumer Staples ETF	$4,886,037,000	94	80	85%	106%	6%	12.14%	-0.58%	0.40%	1.48%
GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	$4,770,647,000	449	422	94%	105%	5%	15.06%	-1.42%	-1.66%	-0.17%
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	$4,714,160,000	64	52	81%	103%	3%	11.36%	-1.26%	-1.23%	-0.78%
MGK	Vanguard Mega Cap Growth ETF	$4,303,496,000	124	114	92%	105%	5%	19.24%	-1.14%	-2.04%	0.58%
IYW	iShares U.S. Technology ETF	$4,267,361,000	158	133	84%	96%	-4%	23.96%	-1.92%	-3.64%	0.90%
IYR	iShares U.S. Real Estate ETF	$4,001,830,000	120	71	59%	111%	11%	15.27%	-1.38%	-0.50%	-1.43%
DON	WisdomTree U.S. MidCap Dividend Fund	$3,871,871,000	402	354	88%	103%	3%	14.30%	-1.10%	-1.18%	-0.61%
VPU	Vanguard Utilities ETF	$3,630,533,000	70	62	89%	106%	6%	8.69%	-1.51%	-1.63%	-1.17%
XLB	Materials Select Sector SPDR Fund	$3,570,329,000	39	25	64%	105%	5%	9.00%	-2.30%	-3.13%	-4.51%
VIS	Vanguard Industrials ETF	$3,544,383,000	349	313	90%	101%	1%	19.22%	-1.65%	-1.01%	1.00%
VDE	Vanguard Energy ETF	$3,542,090,000	138	117	85%	89%	-11%	12.31%	0.22%	-5.20%	-5.18%
IHI	iShares U.S. Medical Devices ETF	$3,469,072,000	70	52	74%	104%	4%	11.65%	-0.71%	0.65%	-2.78%
FNDA	Schwab Fundamental U.S. Small Company Index ETF	$3,355,329,000	936	766	82%	104%	4%	16.07%	-0.73%	-0.73%	0.37%
SPTM	SPDR Portfolio Total Stock Market ETF	$3,314,821,000	2683	2110	79%	106%	6%	16.51%	-1.10%	-1.29%	0.36%
SPHD	Invesco S&P 500 High Dividend Low Volatility ETF	$3,248,055,000	52	47	90%	103%	3%	10.92%	-1.11%	-0.78%	-2.07%
VLUE	iShares Edge MSCI U.S.A. Value Factor ETF	$3,175,318,000	155	135	87%	104%	4%	11.24%	-1.54%	-1.63%	-0.98%
XLRE	Real Estate Select Sector SPDR Fund	$3,023,090,000	35	29	83%	116%	16%	15.43%	-1.44%	-0.48%	-1.88%
RPG	Invesco S&P 500 Pure Growth ETF	$2,833,357,000	107	98	92%	107%	7%	17.41%	-0.90%	-1.53%	-0.37%
XMLV	Invesco S&P MidCap Low Volatility ETF	$2,797,373,000	83	69	83%	104%	4%	14.20%	-0.77%	-0.08%	1.61%
SPYV	SPDR Portfolio S&P 500 Value ETF	$2,787,263,000	403	361	90%	105%	5%	14.09%	-1.60%	-1.31%	-0.23%
DGRW	WisdomTree US Quality Dividend Growth Fund	$2,735,514,000	301	286	95%	102%	2%	13.53%	-1.48%	-1.93%	-0.92%
VONG	Vanguard Russell 1000 Growth ETF	$2,689,903,000	548	509	93%	105%	5%	18.74%	-1.10%	-1.70%	0.48%
VOOG	Vanguard S&P 500 Growth ETF	$2,673,503,000	298	281	94%	105%	5%	16.91%	-0.93%	-1.70%	0.42%
QTEC	First Trust NASDAQ-100 Technology Sector Index Fund	$2,621,897,000	39	36	92%	101%	1%	25.83%	-3.54%	-3.88%	-0.72%
KRE	SPDR S&P Regional Banking ETF	$2,478,280,000	134	121	90%	103%	3%	18.02%	-1.56%	0.35%	3.72%
RWR	SPDR Dow Jones REIT ETF	$2,453,867,000	103	44	43%	118%	18%	13.95%	-1.75%	-0.71%	-1.30%
MGV	Vanguard Mega Cap Value ETF	$2,447,131,000	157	149	95%	102%	2%	11.15%	-1.35%	-1.12%	-0.15%
FTEC	Fidelity MSCI Information Technology Index ETF	$2,433,493,000	313	271	87%	107%	7%	24.80%	-2.09%	-2.87%	0.89%
EMLP	First Trust North American Energy Infrastructure Fund	$2,401,840,000	49	36	73%	103%	3%	14.82%	-0.16%	-1.13%	-1.41%
SPLG	SPDR Portfolio Large Cap ETF	$2,363,486,000	770	688	89%	107%	7%	16.44%	-1.17%	-1.37%	0.24%
FXL	First Trust Technology AlphaDEX Fund	$2,331,606,000	90	82	91%	109%	9%	25.98%	-2.05%	-2.48%	0.90%
MOAT	VanEck Vectors Morningstar Wide Moat ETF	$2,289,540,000	49	43	88%	110%	10%	15.45%	-1.63%	-1.49%	-0.06%
KBE	SPDR S&P Bank ETF	$2,277,440,000	100	86	86%	103%	3%	20.12%	-1.80%	0.13%	3.52%
FTCS	First Trust Capital Strength ETF	$2,237,261,000	50	48	96%	105%	5%	13.29%	-1.23%	-1.62%	-0.49%
ICF	iShares Cohen & Steers REIT ETF	$2,202,084,000	41	27	66%	115%	15%	14.47%	-1.75%	-0.74%	-1.40%
DES	WisdomTree U.S. SmallCap Dividend Fund	$2,187,758,000	725	528	73%	102%	2%	13.51%	-0.18%	-0.47%	-0.52%
PTLC	Pacer Trendpilot U.S. Large Cap ETF	$2,175,745,000	507	474	93%	105%	5%	3.82%	-1.32%	-1.65%	0.03%
SLYV	SPDR S&P 600 Small Cap Value ETF	$2,167,840,000	477	379	79%	106%	6%	15.84%	-0.26%	-0.16%	1.29%
ONEQ	Fidelity NASDAQ Composite Tracking Stock	$2,131,588,000	975	738	76%	105%	5%	20.46%	-0.94%	-1.91%	0.92%
XOP	SPDR S&P Oil & Gas Exploration & Production ETF	$2,121,493,000	80	60	75%	112%	12%	12.49%	2.73%	-6.35%	-5.16%
IYH	iShares U.S. Healthcare ETF	$2,120,961,000	132	115	87%	102%	2%	3.88%	-0.57%	0.72%	-3.17%
PRFZ	Invesco FTSE RAFI U.S. 1500 Small-Mid ETF	$2,116,783,000	1491	1116	75%	112%	12%	14.78%	-0.65%	-0.50%	0.54%
VOX	Vanguard Communication Services ETF	$2,089,865,000	109	73	67%	90%	-10%	18.05%	-0.40%	-2.09%	1.26%
DLN	WisdomTree U.S. LargeCap Dividend Fund	$2,070,150,000	299	285	95%	104%	4%	13.53%	-1.34%	-1.26%	-0.09%
SLYG	SPDR S&P 600 Small Cap Growth ETF	$2,001,182,000	350	273	78%	106%	6%	13.50%	-0.75%	0.15%	1.11%
XSLV	Invesco S&P SmallCap Low Volatility ETF	$1,993,208,000	121	84	69%	105%	5%	12.80%	-0.58%	0.46%	1.65%
VAW	Vanguard Materials ETF	$1,990,852,000	120	104	87%	106%	6%	10.22%	-1.85%	-2.91%	-4.21%
SDOG	ALPS Sector Dividend Dogs ETF	$1,930,196,000	51	48	94%	105%	5%	12.16%	-0.62%	-0.37%	-0.53%
MGC	Vanguard Mega Cap ETF	$1,876,212,000	267	252	94%	100%	0%	15.05%	-1.25%	-1.58%	0.22%
VONV	Vanguard Russell 1000 Value ETF	$1,855,260,000	727	648	89%	105%	5%	13.19%	-1.26%	-1.25%	-0.09%
RDIV	Oppenheimer S&P Ultra Dividend Revenue ETF	$1,829,012,000	64	53	83%	104%	4%	13.74%	-1.10%	-1.95%	-1.84%
RYT	Invesco S&P 500 Equal Weight Technology ETF	$1,801,493,000	71	65	92%	106%	6%	23.58%	-2.95%	-3.43%	-0.98%
QDF	FlexShares Quality Dividend Index Fund	$1,776,243,000	176	167	95%	105%	5%	12.77%	-1.65%	-1.91%	-1.37%
IYF	iShares U.S. Financials ETF	$1,702,001,000	293	233	80%	108%	8%	16.44%	-1.45%	-0.36%	2.46%
MDYG	SPDR S&P 400 Mid Cap Growth ETF	$1,672,011,000	253	211	83%	106%	6%	16.78%	-0.93%	-0.96%	0.36%
USMC	Principal U.S. Mega-Cap Multi-Factor Index ETF	$1,662,584,000	49	48	98%	102%	2%	13.07%	-0.85%	-1.21%	-0.45%
FDL	First Trust Morningstar Dividend Leaders Index Fund	$1,615,576,000	98	89	91%	100%	0%	10.72%	-0.89%	-0.47%	-1.55%
SPYD	SPDR Portfolio S&P 500 High Dividend ETF	$1,591,833,000	89	76	85%	105%	5%	12.00%	-1.12%	-1.20%	-1.46%
VTWO	Vanguard Russell 2000 ETF	$1,579,348,000	2010	1424	71%	102%	2%	17.50%	-0.54%	-0.08%	1.01%
FHLC	Fidelity MSCI Health Care Index ETF	$1,557,132,000	359	275	77%	102%	2%	4.97%	-0.28%	0.96%	-2.81%
SPMD	SPDR Portfolio Mid Cap ETF	$1,541,071,000	1016	853	84%	105%	5%	16.08%	-0.87%	-0.84%	0.53%
MDYV	SPDR S&P 400 Mid Cap Value ETF	$1,507,514,000	309	259	84%	104%	4%	16.54%	-1.21%	-1.36%	0.21%
TILT	FlexShares Morningstar US Market Factor Tilt Index Fund	$1,490,937,000	2480	2082	84%	106%	6%	15.68%	-1.25%	-1.44%	0.15%
PDP	Invesco DWA Momentum ETF	$1,478,921,000	104	87	84%	105%	5%	19.35%	-0.65%	-0.74%	1.44%
SPHQ	Invesco S&P 500 Quality ETF	$1,458,954,000	103	94	91%	106%	6%	17.06%	-1.34%	-1.78%	-0.52%
IWY	iShares Russell Top 200 Growth ETF	$1,442,361,000	147	123	84%	106%	6%	17.73%	-1.18%	-1.82%	0.50%
IYG	iShares U.S. Financial Services ETF	$1,424,323,000	130	114	88%	107%	7%	18.78%	-1.51%	-0.50%	3.44%
FEX	First Trust Large Cap Core AlphaDEX Fund	$1,422,091,000	375	354	94%	109%	9%	15.70%	-1.54%	-1.76%	-0.48%
DSI	iShares MSCI KLD 400 Social ETF	$1,411,505,000	416	378	91%	98%	-2%	15.55%	-1.26%	-2.20%	-0.29%
XAR	SPDR S&P Aerospace & Defense ETF	$1,377,544,000	38	29	76%	109%	9%	23.86%	0.76%	1.65%	5.73%
PKW	Invesco BuyBack Achievers ETF	$1,364,003,000	176	148	84%	110%	10%	19.56%	-1.57%	-1.61%	1.93%
SPSM	SPDR Portfolio Small Cap ETF	$1,354,372,000	1960	1446	74%	118%	18%	17.61%	-0.58%	-0.23%	0.65%
SOXX	iShares PHLX Semiconductor ETF	$1,322,406,000	47	29	62%	108%	8%	29.82%	-4.12%	-4.13%	2.03%
SLY	SPDR S&P 600 Small Cap ETF	$1,317,882,000	613	498	81%	106%	6%	14.51%	-0.47%	0.06%	1.21%
USRT	iShares Core U.S. REIT ETF	$1,307,292,000	170	62	36%	113%	13%	15.06%	-1.43%	-0.39%	-0.95%
FXH	First Trust Health Care AlphaDEX Fund	$1,275,006,000	74	70	95%	85%	-15%	7.19%	-0.23%	1.11%	-3.53%
REM	iShares Mortgage Real Estate ETF	$1,270,693,000	41	5	12%	81%	-19%	8.51%	-0.85%	-1.25%	-0.64%
FXU	First Trust Utilities AlphaDEX Fund	$1,264,166,000	35	30	86%	102%	2%	4.33%	-1.47%	-1.45%	-1.91%
IYY	iShares Dow Jones U.S. ETF	$1,236,970,000	1228	1083	88%	106%	6%	15.99%	-1.05%	-1.41%	0.24%
FNCL	Fidelity MSCI Financials Index ETF	$1,183,951,000	410	355	87%	108%	8%	16.11%	-1.48%	-0.23%	3.64%
FTA	First Trust Large Cap Value AlphaDEX Fund	$1,180,707,000	188	174	93%	107%	7%	13.05%	-1.83%	-2.16%	-0.63%
EZM	WisdomTree U.S. MidCap Fund	$1,171,293,000	581	501	86%	91%	-9%	17.42%	-1.03%	-1.13%	0.25%
FLQL	Franklin LibertyQ U.S. Equity ETF	$1,159,275,000	249	227	91%	105%	5%	13.95%	-1.31%	-1.83%	-0.89%
FPX	First Trust U.S. Equity Opportunities ETF	$1,132,977,000	100	77	77%	106%	6%	22.01%	-0.41%	0.07%	0.46%
VIOO	Vanguard S&P Small-Cap 600 ETF	$1,128,042,000	607	498	82%	105%	5%	14.71%	-0.42%	0.10%	1.26%
VONE	Vanguard Russell 1000 ETF	$1,113,815,000	984	889	90%	105%	5%	15.92%	-1.18%	-1.48%	0.17%
JKE	iShares Morningstar Large-Cap Growth ETF	$1,099,221,000	89	73	82%	105%	5%	17.55%	-0.78%	-2.08%	-0.19%
LRGF	iShares Edge MSCI Multifactor U.S.A. ETF	$1,090,568,000	163	144	88%	105%	5%	12.11%	-1.61%	-2.26%	-1.64%
JHMM	John Hancock Multifactor Mid Cap ETF	$1,042,229,000	684	616	90%	107%	7%	17.94%	-1.18%	-1.02%	0.34%
PWV	Invesco Dynamic Large Cap Value ETF	$1,032,852,000	54	50	93%	104%	4%	11.25%	-1.29%	-0.93%	0.22%
SUSA	iShares MSCI U.S.A. ESG Select ETF	$1,009,498,000	145	125	86%	102%	2%	16.25%	-1.30%	-1.71%	-0.60%
FXO	First Trust Financials AlphaDEX Fund	$1,001,770,000	186	163	88%	107%	7%	16.51%	-1.38%	-0.57%	2.15%
VOOV	Vanguard S&P 500 Value ETF	$986,825,000	388	362	93%	104%	4%	14.09%	-1.54%	-1.34%	-0.23%
FTC	First Trust Large Cap Growth AlphaDEX Fund	$983,768,600	188	177	94%	108%	8%	18.23%	-1.26%	-1.33%	-0.43%
RWL	Oppenheimer S&P 500 Revenue ETF	$971,769,700	508	477	94%	105%	5%	13.05%	-1.06%	-1.04%	-0.02%
IVOO	Vanguard S&P Mid-Cap 400 ETF	$970,785,000	406	354	87%	103%	3%	16.87%	-0.99%	-1.08%	0.37%
DHS	WisdomTree U.S. High Dividend Fund	$968,112,600	433	313	72%	103%	3%	11.44%	-1.12%	-0.62%	-1.14%
OMFL	Oppenheimer Russell 1000 Dynamic Multifactor ETF	$946,980,600	228	213	93%	103%	3%	15.42%	-0.75%	-1.90%	-0.10%
IYJ	iShares U.S. Industrials ETF	$943,444,800	234	207	88%	102%	2%	19.94%	-1.50%	-1.29%	0.49%
PPA	Invesco Aerospace & Defense ETF	$942,073,900	51	42	82%	108%	8%	24.69%	-0.16%	1.15%	5.30%
PHO	Invesco Water Resources ETF	$940,910,400	38	31	82%	104%	4%	21.02%	-0.93%	0.21%	0.77%
RPV	Invesco S&P 500 Pure Value ETF	$928,893,100	122	109	89%	103%	3%	14.02%	-1.42%	-1.47%	0.00%
FNX	First Trust Mid Cap Core AlphaDEX Fund	$928,295,100	451	385	85%	101%	1%	18.47%	-0.93%	-0.85%	0.50%
JHML	John Hancock Multifactor Large Cap ETF	$922,001,400	782	723	92%	106%	6%	16.01%	-1.20%	-1.41%	0.24%
IWC	iShares Micro-Cap ETF	$914,777,000	1458	797	55%	116%	16%	14.93%	0.24%	0.66%	0.48%
MLPA	Global X MLP ETF	$899,495,800	22	15	68%	109%	9%	16.79%	1.30%	-0.31%	-1.10%
USSG	Xtrackers MSCI U.S.A. ESG Leaders Equity ETF	$898,057,600	343	314	92%	101%	1%	4.44%	-1.04%	-1.97%	0.06%
CFO	VictoryShares U.S. 500 Enhanced Volatility Wtd Index ETF	$896,184,400	501	480	96%	106%	6%	8.91%	-1.04%	-1.13%	0.25%
JKD	iShares Morningstar Large-Cap ETF	$863,946,000	105	87	83%	105%	5%	16.06%	-1.43%	-1.09%	1.07%
IHF	iShares U.S. Healthcare Providers ETF	$849,144,400	57	41	72%	106%	6%	0.58%	1.21%	2.87%	-2.92%
XLG	Invesco S&P 500 Top 50 ETF	$846,322,100	55	49	89%	104%	4%	15.99%	-1.19%	-1.97%	0.47%
MLPX	Global X MLP & Energy Infrastructure ETF	$843,762,500	35	25	71%	102%	2%	19.36%	0.42%	-1.95%	-2.54%
PEY	Invesco High Yield Equity Dividend Achievers ETF	$832,498,400	53	43	81%	103%	3%	14.36%	-0.61%	-0.94%	0.09%
CSM	ProShares Large Cap Core Plus	$813,817,200	433	377	87%	106%	6%	14.85%	-1.32%	-1.54%	0.13%
SCHK	Schwab 1000 Index ETF	$809,148,000	996	901	90%	105%	5%	16.06%	-1.25%	-1.46%	0.25%
EES	WisdomTree U.S. SmallCap Fund	$802,087,000	859	685	80%	108%	8%	15.87%	-0.78%	-0.96%	0.08%
IDU	iShares U.S. Utilities ETF	$800,906,900	53	45	85%	106%	6%	8.37%	-1.71%	-1.67%	-1.35%
DTN	WisdomTree U.S. Dividend ex-Financials Fund	$798,114,700	93	85	91%	104%	4%	11.52%	-1.40%	-1.22%	-1.02%
QQEW	First Trust Nasdaq-100 Equal Weighted Index Fund	$780,529,300	103	93	90%	103%	3%	20.27%	-2.01%	-1.89%	-0.45%
RDVY	First Trust Rising Dividend Achievers ETF	$771,893,400	51	49	96%	106%	6%	16.91%	-2.22%	-1.44%	0.72%
PTMC	Pacer Trendpilot U.S. Mid Cap ETF	$764,889,500	374	329	88%	105%	5%	-1.65%	-1.11%	-1.30%	0.26%
IYE	iShares U.S. Energy ETF	$762,152,000	80	65	81%	89%	-11%	12.00%	0.26%	-5.12%	-5.17%
FREL	Fidelity MSCI Real Estate Index ETF	$757,306,000	185	80	43%	112%	12%	15.62%	-1.31%	-0.47%	-1.23%
IVOG	Vanguard S&P Mid-Cap 400 Growth ETF	$756,531,200	245	210	86%	104%	4%	16.90%	-0.87%	-1.00%	0.55%
PWB	Invesco Dynamic Large Cap Growth ETF	$751,904,700	52	46	88%	102%	2%	14.80%	-1.27%	-1.94%	-1.25%
CFA	VictoryShares US 500 Volatility Wtd ETF	$743,211,000	501	480	96%	106%	6%	16.65%	-1.14%	-1.15%	0.33%
IVOV	Vanguard S&P Mid-Cap 400 Value ETF	$738,487,500	301	262	87%	102%	2%	16.64%	-1.23%	-1.32%	0.17%
CDC	VictoryShares US EQ Income Enhanced Volatility Wtd ETF	$717,781,400	101	96	95%	106%	6%	6.48%	-1.39%	-1.41%	-0.85%
JKG	iShares Morningstar Mid-Cap ETF	$704,318,800	195	172	88%	107%	7%	18.98%	-1.78%	-1.45%	0.06%
RYH	Invesco S&P 500 Equal Weight Health Care ETF	$702,303,600	65	58	89%	105%	5%	9.33%	-0.26%	1.42%	-2.40%
JPUS	JPMorgan Diversified Return U.S. Equity ETF	$678,132,000	523	465	89%	107%	7%	13.47%	-1.23%	-1.56%	-1.09%
DTD	WisdomTree U.S. Total Dividend Fund	$665,871,400	871	746	86%	104%	4%	13.80%	-1.22%	-1.05%	-0.12%
PSCH	Invesco S&P SmallCap Health Care ETF	$653,171,600	72	58	81%	106%	6%	7.50%	0.36%	2.35%	-0.10%
SMDV	ProShares Russell 2000 Dividend Growers ETF	$650,226,800	75	54	72%	105%	5%	9.82%	-0.03%	0.72%	1.55%
LVHD	Legg Mason Low Volatility High Dividend ETF	$646,509,700	84	61	73%	101%	1%	10.52%	-1.49%	-0.94%	-1.38%
REGL	ProShares S&P MidCap 400 Dividend Aristocrats ETF	$644,106,600	62	50	81%	103%	3%	12.58%	-0.99%	0.28%	2.43%
FUTY	Fidelity MSCI Utilities Index ETF	$636,303,100	70	61	87%	105%	5%	8.59%	-1.47%	-1.60%	-1.21%
FYX	First Trust Small Cap Core AlphaDEX Fund	$632,084,500	526	403	77%	109%	9%	15.40%	-0.59%	-0.97%	0.05%
PXMG	Invesco Russell MidCap Pure Growth ETF	$630,022,000	97	91	94%	118%	18%	28.99%	-0.96%	-1.07%	0.68%
KBWB	Invesco KBW Bank ETF	$623,807,700	27	24	89%	106%	6%	17.14%	-2.40%	-0.72%	2.95%
XHE	SPDR S&P Health Care Equipment ETF	$611,233,500	80	61	76%	107%	7%	12.02%	0.55%	2.92%	-0.90%
PNQI	Invesco NASDAQ Internet ETF	$598,050,600	88	60	68%	105%	5%	25.82%	-2.33%	-2.61%	-0.64%
IYT	iShares Transportation Average ETF	$588,591,600	23	20	87%	104%	4%	16.04%	-1.35%	-1.76%	0.03%
EQAL	Invesco Russell 1000 Equal Weight ETF	$583,285,800	965	866	90%	108%	8%	16.22%	-0.92%	-1.65%	-0.83%
IAT	iShares U.S. Regional Banks ETF	$559,689,400	68	56	82%	103%	3%	17.41%	-2.00%	-0.39%	3.81%
QYLD	Global X NASDAQ 100 Covered Call ETF	$533,472,300	106	92	87%	107%	7%	10.37%	-0.74%	-0.70%	-0.14%
FENY	Fidelity MSCI Energy Index ETF	$522,140,700	140	119	85%	90%	-10%	12.25%	0.35%	-5.13%	-5.28%
VUSE	Vident Core U.S. Equity Fund	$513,252,000	228	204	89%	108%	8%	13.80%	-0.86%	-0.79%	0.56%
PTNQ	Pacer Trendpilot 100 ETF	$508,446,000	105	93	89%	107%	7%	7.85%	-1.37%	-2.63%	0.71%
ONEV	SPDR Russell 1000 Low Volatility Focus	$505,082,300	429	382	89%	120%	20%	15.89%	-0.92%	-0.78%	0.67%
FSTA	Fidelity MSCI Consumer Staples Index ETF	$499,284,300	98	82	84%	107%	7%	12.41%	-0.58%	0.37%	1.28%
RFG	Invesco S&P MidCap 400 Pure Growth ETF	$495,137,400	90	78	87%	87%	-13%	13.88%	-0.58%	-1.42%	-1.51%
JKF	iShares Morningstar Large-Cap Value ETF	$488,959,400	73	68	93%	103%	3%	10.37%	-1.52%	-1.41%	-0.74%
JKH	iShares Morningstar Mid-Cap Growth ETF	$477,158,400	210	178	85%	113%	13%	23.89%	-0.43%	-0.30%	0.81%
IYZ	iShares U.S. Telecommunications ETF	$475,469,500	46	37	80%	105%	5%	11.54%	-1.97%	-2.78%	-3.16%
OUSA	O'Shares FTSE U.S. Quality Dividend ETF	$471,087,300	177	156	88%	102%	2%	11.58%	-1.25%	-2.01%	-1.60%
IYK	iShares U.S. Consumer Goods ETF	$464,578,100	121	95	79%	108%	8%	13.89%	-1.11%	-0.02%	0.63%
JKI	iShares Morningstar Mid-Cap Value ETF	$460,340,800	189	169	89%	101%	1%	13.19%	-1.04%	-1.46%	-1.00%
FFTY	Innovator IBD 50 ETF	$459,810,000	51	42	82%	110%	10%	21.47%	-1.58%	-2.27%	-0.97%
FIDU	Fidelity MSCI Industrials Index ETF	$459,725,800	351	316	90%	102%	2%	19.54%	-1.64%	-1.02%	1.06%
DIV	Global X SuperDividend US ETF	$456,704,400	52	33	63%	89%	-11%	4.59%	-0.17%	-0.73%	-2.89%
IWX	iShares Russell Top 200 Value ETF	$454,595,400	147	130	88%	104%	4%	11.78%	-1.56%	-1.24%	-0.13%
RWJ	Oppenheimer S&P SmallCap 600 Revenue ETF	$453,348,600	596	491	82%	108%	8%	16.32%	0.15%	-0.66%	0.56%
XNTK	SPDR NYSE Technology ETF	$446,844,300	55	31	56%	104%	4%	23.30%	-2.53%	-3.08%	0.35%
VTHR	Vanguard Russell 3000 ETF	$446,314,800	2968	2303	78%	105%	5%	16.13%	-1.12%	-1.40%	0.30%
PSJ	Invesco Dynamic Software ETF	$445,280,000	33	23	70%	114%	14%	28.85%	-0.56%	0.90%	3.33%
ULVM	USAA MSCI USA Value Momentum Blend Index ETF	$444,483,700	213	184	86%	99%	-1%	12.39%	-1.52%	-1.40%	-0.74%
VIOG	Vanguard S&P Small-Cap 600 Growth ETF	$443,685,000	338	270	80%	106%	6%	13.69%	-0.72%	0.14%	1.21%
ONEO	SPDR Russell 1000 Momentum Focus	$439,122,900	900	823	91%	117%	17%	15.14%	-1.19%	-1.51%	-0.35%
JKL	iShares Morningstar Small Cap Value ETF	$432,452,700	241	191	79%	108%	8%	15.01%	-0.64%	-0.72%	-0.08%
RHS	Invesco S&P 500 Equal Weight Consumer Staples ETF	$429,459,200	36	32	89%	106%	6%	14.83%	0.12%	0.43%	2.01%
PJP	Invesco Dynamic Pharmaceuticals ETF	$428,419,600	33	24	73%	81%	-19%	1.14%	-0.33%	0.69%	-3.30%
REZ	iShares Residential Real Estate ETF	$427,733,800	55	19	35%	112%	12%	12.23%	-1.31%	0.10%	-0.97%
ONEY	SPDR Russell 1000 Yield Focus	$426,596,400	284	246	87%	105%	5%	13.79%	-1.23%	-1.32%	-0.33%
SIZE	iShares Edge MSCI U.S.A. Size Factor ETF	$417,786,300	630	588	93%	106%	6%	16.69%	-1.28%	-1.45%	-0.34%
ESGV	Vanguard ESG U.S. Stock ETF	$415,268,800	1578	1342	85%	105%	5%	16.63%	-1.26%	-1.38%	0.32%
IYM	iShares U.S. Basic Materials ETF	$409,827,600	58	47	81%	105%	5%	6.63%	-2.32%	-4.13%	-5.99%
FXR	First Trust Industrials/Producer Durables AlphaDEX Fund	$389,102,800	96	90	94%	105%	5%	19.74%	-1.69%	-1.26%	0.64%
VIOV	Vanguard S&P Small-Cap 600 Value ETF	$387,118,800	449	377	84%	105%	5%	15.99%	-0.17%	-0.12%	1.40%
QDEF	FlexShares Quality Dividend Defensive Index Fund	$385,869,400	193	179	93%	106%	6%	13.69%	-1.15%	-1.39%	-0.64%
XSD	SPDR S&P Semiconductor ETF	$380,806,200	48	32	67%	105%	5%	30.88%	-2.70%	-2.61%	2.16%
RWK	Oppenheimer S&P MidCap 400 Revenue ETF	$370,414,600	396	349	88%	110%	10%	18.32%	-1.32%	-2.15%	-0.59%
IHE	iShares U.S. Pharmaceuticals ETF	$367,171,700	51	33	65%	107%	7%	6.22%	-0.77%	0.60%	-2.29%
PSC	Principal U.S. Small-Cap Multi-Factor Index ETF	$366,995,300	458	386	84%	108%	8%	16.06%	0.57%	0.63%	2.19%
LGLV	SPDR SSGA U.S. Large Cap Low Volatility Index ETF	$364,046,800	149	113	76%	102%	2%	15.84%	-0.79%	-0.19%	1.60%
FCOM	Fidelity MSCI Communication Services Index ETF	$358,302,300	110	75	68%	90%	-10%	17.51%	-0.45%	-2.08%	1.51%
FIW	First Trust Water ETF	$356,629,600	37	33	89%	102%	2%	18.22%	-0.54%	0.20%	1.55%
XRT	SPDR S&P Retail ETF	$355,167,300	105	84	80%	106%	6%	9.65%	-1.30%	-1.45%	-0.31%
CSML	IQ Chaikin U.S. Small Cap ETF	$354,564,000	216	183	85%	110%	10%	14.97%	-0.34%	0.51%	1.19%
FXD	First Trust Consumer Discretionary AlphaDEX Fund	$350,376,100	110	94	85%	113%	13%	17.13%	-1.38%	-1.56%	-0.07%
KBWY	Invesco KBW Premium Yield Equity REIT ETF	$349,385,200	32	6	19%	98%	-2%	16.41%	2.26%	3.02%	1.98%
SPHB	Invesco S&P 500 High Beta ETF	$347,279,800	102	98	96%	108%	8%	21.02%	-2.16%	-2.94%	-0.49%
SPYX	SPDR S&P 500 Fossil Fuel Reserves Free ETF	$346,411,700	482	442	92%	105%	5%	15.62%	-1.24%	-1.46%	0.46%
TPYP	Tortoise North American Pipeline Fund	$336,336,000	68	49	72%	105%	5%	19.05%	0.20%	-1.83%	-1.71%
PSCT	Invesco S&P SmallCap Information Technology ETF	$333,040,400	91	74	81%	109%	9%	22.47%	-0.96%	-0.13%	1.70%
RYU	Invesco S&P 500 Equal Weight Utilities ETF	$331,838,200	31	25	81%	106%	6%	7.20%	-1.55%	-1.80%	-1.63%
FXG	First Trust Consumer Staples AlphaDEX Fund	$324,037,900	35	30	86%	104%	4%	11.25%	-0.17%	0.88%	2.39%
PBP	Invesco S&P 500 BuyWrite ETF	$320,415,000	508	473	93%	105%	5%	7.53%	-0.52%	-0.56%	-0.33%
CDL	VictoryShares US Large Cap High Div Volatility Wtd ETF	$318,930,200	101	96	95%	106%	6%	12.40%	-1.45%	-1.62%	-0.84%
VTWG	Vanguard Russell 2000 Growth ETF	$310,586,000	1248	899	72%	87%	-13%	19.68%	-0.40%	-0.12%	0.96%
KBWD	Invesco KBW High Dividend Yield Financial ETF	$303,866,000	43	24	56%	100%	0%	13.68%	-0.68%	-1.13%	0.53%
FYC	First Trust Small Cap Growth AlphaDEX Fund	$301,987,000	262	185	71%	124%	24%	15.08%	-0.68%	-0.73%	-0.13%
PFM	Invesco Dividend Achievers ETF	$297,076,500	264	237	90%	104%	4%	13.76%	-0.60%	-0.64%	0.69%
RYF	Invesco S&P 500 Equal Weight Financials ETF	$292,207,100	69	65	94%	106%	6%	18.36%	-1.36%	-0.47%	3.46%
FNDB	Schwab Fundamental U.S. Broad Market Index ETF	$283,256,000	1640	1429	87%	105%	5%	14.52%	-1.06%	-1.43%	-0.06%
CLRG	IQ Chaikin U.S. Large Cap ETF	$275,273,600	70	63	90%	103%	3%	13.80%	-1.55%	-0.98%	0.25%
DVP	Deep Value ETF	$273,611,000	21	19	90%	104%	4%	6.01%	-1.86%	-3.40%	-4.62%
SHE	SPDR SSGA Gender Diversity Index ETF	$273,162,000	176	147	84%	106%	6%	16.22%	-1.21%	-1.06%	-0.03%
QUS	SPDR MSCI USA StrategicFactors ETF	$269,170,300	634	585	92%	102%	2%	15.75%	-1.10%	-1.62%	0.05%
COWZ	Pacer U.S. Cash Cows 100 ETF	$265,590,000	101	91	90%	107%	7%	12.72%	-1.86%	-1.96%	-2.07%
CZA	Invesco Zacks Mid-Cap ETF	$264,877,500	103	90	87%	111%	11%	17.69%	-1.11%	-0.84%	0.41%
EPS	WisdomTree U.S. LargeCap Fund	$264,784,000	499	469	94%	103%	3%	15.74%	-1.40%	-1.69%	0.41%
IEO	iShares U.S. Oil & Gas Exploration & Production ETF	$263,894,500	68	56	82%	109%	9%	11.58%	1.00%	-5.97%	-1.87%
EUSA	iShares MSCI U.S.A. Equal Weighted ETF	$263,465,800	640	588	92%	105%	5%	17.21%	-1.26%	-1.47%	-0.24%
FNY	First Trust Mid Cap Growth AlphaDEX Fund	$262,247,100	225	186	83%	109%	9%	22.36%	-0.45%	-0.45%	1.37%
ROUS	Hartford Multifactor US Equity ETF	$259,575,100	342	317	93%	101%	1%	13.01%	-1.52%	-1.55%	-0.74%
CATH	Global X S&P 500 Catholic Values ETF	$258,794,200	462	428	93%	105%	5%	16.25%	-1.15%	-1.17%	-0.03%
VTWV	Vanguard Russell 2000 Value ETF	$257,842,000	1375	970	71%	116%	16%	15.03%	-0.46%	0.04%	1.04%
RGI	Invesco S&P 500 Equal Weight Industrials ETF	$256,758,400	72	68	94%	105%	5%	19.43%	-1.45%	-1.33%	0.53%
XSW	SPDR S&P Software & Services ETF	$249,268,000	163	133	82%	108%	8%	27.97%	-1.83%	-1.79%	0.86%
PXLG	Invesco Russell Top 200 Pure Growth ETF	$245,582,200	63	56	89%	105%	5%	18.32%	-1.08%	-1.69%	-0.50%
XPH	SPDR S&P Pharmaceuticals ETF	$243,454,900	49	30	61%	110%	10%	10.28%	0.15%	1.56%	-2.75%
IAI	iShares U.S. Broker-Dealers & Securities Exchanges ETF	$240,673,900	31	25	81%	107%	7%	13.15%	-0.19%	-0.03%	3.72%
RZG	Invesco S&P SmallCap 600 Pure Growth ETF	$239,770,500	150	115	77%	104%	4%	9.12%	-1.12%	-1.06%	-0.80%
QQQE	Direxion NASDAQ-100 Equal Weighted Index Shares	$235,427,800	106	92	87%	103%	3%	20.85%	-2.01%	-2.01%	-0.46%
SMLF	iShares Edge MSCI Multifactor U.S.A. Small-Cap ETF	$231,591,200	545	428	79%	111%	11%	14.96%	-1.16%	-0.48%	0.98%
IWL	iShares Russell Top 200 ETF	$228,098,500	218	188	86%	105%	5%	14.94%	-1.28%	-1.66%	0.18%
FMAT	Fidelity MSCI Materials Index ETF	$222,455,100	124	105	85%	104%	4%	10.13%	-1.86%	-2.96%	-4.24%
DEF	Invesco Defensive Equity ETF	$220,856,600	103	95	92%	104%	4%	14.77%	-1.24%	-0.91%	0.32%
JKK	iShares Morningstar Small-Cap Growth ETF	$218,154,000	250	202	81%	79%	-21%	21.93%	-0.55%	-0.43%	0.74%
DEUS	Xtrackers Russell 1000 Comprehensive Factor ETF	$216,526,500	834	751	90%	118%	18%	15.39%	-1.23%	-1.14%	0.03%
BIZD	VanEck Vectors BDC Income ETF	$214,931,600	29	16	55%	108%	8%	20.98%	0.42%	1.53%	2.70%
PUI	Invesco DWA Utilities Momentum ETF	$214,668,000	32	26	81%	109%	9%	8.74%	-1.16%	-1.38%	-1.26%
ESGU	iShares ESG MSCI U.S.A. ETF	$212,810,100	340	312	92%	105%	5%	16.31%	-0.70%	-1.29%	0.70%
QABA	First Trust NASDAQ ABA Community Bank Index Fund	$206,381,800	160	155	97%	100%	0%	14.54%	-0.59%	1.33%	3.63%
PSI	Invesco Dynamic Semiconductors ETF	$203,007,000	32	25	78%	109%	9%	27.65%	-2.50%	-2.63%	2.19%
VRAI	Virtus Real Asset Income Fund	$201,734,500	90	55	61%	106%	6%	1.85%	-0.19%	-1.61%	-2.56%
HUSV	First Trust Horizon Managed Volatility Domestic ETF	$196,800,800	126	118	94%	104%	4%	13.80%	-0.90%	-0.36%	0.55%
DUSA	Davis Select U.S. Equity ETF	$196,303,200	30	19	63%	103%	3%	18.47%	-1.02%	-1.10%	2.72%
RZV	Invesco S&P SmallCap 600 Pure Value ETF	$194,729,000	171	139	81%	103%	3%	15.01%	-0.39%	-0.89%	-0.55%
HUSE	Strategy Shares U.S. Market Rotation Strategy ETF	$189,032,700	45	35	78%	109%	9%	5.11%	0.28%	-0.79%	0.95%
FAD	First Trust Multi Cap Growth AlphaDEX Fund	$188,891,400	675	549	81%	108%	8%	19.08%	-0.36%	-0.57%	0.80%
RYE	Invesco S&P 500 Equal Weight Energy ETF	$187,732,800	32	29	91%	104%	4%	15.69%	0.20%	-6.00%	-3.08%
TMFC	Motley Fool 100 Index ETF	$184,322,200	101	94	93%	105%	5%	18.03%	-0.99%	-2.05%	0.92%
JPSE	JPMorgan Diversified Return U.S. Small Cap Equity ETF	$176,046,000	938	696	74%	109%	9%	15.75%	-0.59%	-0.18%	1.23%
MORT	VanEck Vectors Mortgage REIT Income ETF	$175,096,600	30	4	13%	82%	-18%	10.45%	-1.36%	-1.91%	-0.56%
PTF	Invesco DWA Technology Momentum ETF	$174,888,400	42	33	79%	118%	18%	33.34%	-0.41%	-0.19%	4.43%
RYJ	Invesco Raymond James SB-1 Equity ETF	$174,527,100	168	137	82%	106%	6%	22.65%	0.08%	-0.49%	0.65%
FDLO	Fidelity Low Volatility Factor ETF	$172,436,700	129	120	93%	101%	1%	15.08%	-0.64%	-1.12%	0.17%
FXN	First Trust Energy AlphaDEX Fund	$166,669,200	42	39	93%	90%	-10%	7.25%	1.07%	-7.22%	-6.13%
JPME	JPMorgan Diversified Return U.S. Mid Cap Equity ETF	$166,475,000	538	461	86%	106%	6%	15.02%	-0.93%	-1.26%	-0.73%
PTH	Invesco DWA Healthcare Momentum ETF	$165,925,000	49	38	78%	111%	11%	11.07%	1.54%	2.83%	-0.46%
BFOR	ALPS Barron's 400 ETF	$165,465,500	401	365	91%	102%	2%	15.36%	-0.87%	-1.71%	-0.17%
XTN	SPDR S&P Transportation ETF	$160,604,200	55	41	75%	105%	5%	15.86%	-1.76%	-1.79%	-0.33%
RFV	Invesco S&P MidCap 400 Pure Value ETF	$159,275,000	98	87	89%	110%	10%	20.20%	-1.71%	-2.83%	-1.31%
PWC	Invesco Dynamic Market ETF	$157,355,200	101	81	80%	102%	2%	9.46%	-1.39%	-1.42%	-1.47%
FTXO	First Trust Nasdaq Bank ETF	$157,175,900	31	30	97%	105%	5%	16.80%	-2.26%	-0.46%	2.98%
KNOW	Direxion All Cap Insider Sentiment Shares	$155,030,600	173	160	92%	101%	1%	18.09%	-0.95%	-0.12%	1.18%
FQAL	Fidelity Quality Factor ETF	$153,581,600	127	120	94%	100%	0%	14.98%	-1.29%	-1.68%	-0.37%
FDM	First Trust Dow Jones Select MicroCap Index Fund	$152,823,200	232	157	68%	100%	0%	12.42%	-0.29%	-0.22%	0.11%
AUSF	Global X Adaptive U.S. Factor ETF	$151,790,700	192	161	84%	105%	5%	12.85%	-0.85%	-0.62%	0.61%
BBRE	JPMorgan BetaBuilders MSCI U.S. REIT ETF	$151,722,000	166	60	36%	112%	12%	14.64%	-1.47%	-0.46%	-0.97%
FRI	First Trust S&P REIT Index Fund	$148,916,700	157	59	38%	114%	14%	13.78%	-1.70%	-0.70%	-1.34%
PSCF	Invesco S&P SmallCap Financials ETF	$148,082,000	138	85	62%	104%	4%	13.68%	-0.62%	0.52%	2.72%
FXZ	First Trust Materials AlphaDEX Fund	$145,984,700	51	46	90%	103%	3%	12.32%	-1.05%	-2.34%	-3.66%
AIEQ	AI Powered Equity ETF	$145,260,000	127	115	91%	103%	3%	21.67%	-0.60%	-1.45%	0.34%
IEZ	iShares U.S. Oil Equipment & Services ETF	$143,045,700	44	38	86%	101%	1%	14.44%	-1.69%	-8.35%	-11.22%
CSD	Invesco S&P Spin-Off ETF	$142,430,800	50	35	70%	102%	2%	19.56%	-1.14%	-2.75%	-1.99%
RFDA	RiverFront Dynamic US Dividend Advantage ETF	$141,771,100	100	88	88%	109%	9%	15.53%	-1.26%	-1.72%	-0.57%
RFFC	RiverFront Dynamic U.S. Flex-Cap ETF	$140,892,600	129	121	94%	103%	3%	15.10%	-1.04%	-2.00%	-0.50%
USLB	Invesco Russell 1000 Low Beta Equal Weight ETF	$139,595,500	463	411	89%	121%	21%	15.57%	-0.98%	-0.98%	0.00%
PAVE	Global X U.S. Infrastructure Development ETF	$139,047,500	96	87	91%	103%	3%	18.87%	-1.45%	-1.74%	0.26%
QARP	Xtrackers Russell 1000 U.S. QARP ETF	$138,306,900	380	347	91%	102%	2%	14.24%	-1.33%	-2.38%	-0.71%
FVAL	Fidelity Value Factor ETF	$130,906,600	131	120	92%	95%	-5%	14.31%	-1.59%	-1.85%	0.01%
XRLV	Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF	$130,749,500	102	97	95%	103%	3%	14.77%	-0.94%	-0.62%	0.61%
RTM	Invesco S&P 500 Equal Weight Materials ETF	$127,640,400	28	25	89%	104%	4%	10.98%	-1.81%	-2.21%	-3.35%
JUST	Goldman Sachs JUST U.S. Large Cap Equity ETF	$125,910,000	434	405	93%	106%	6%	15.65%	-1.14%	-1.57%	0.41%
TTAC	TrimTabs All Cap U.S. Free-Cash-Flow ETF	$124,706,200	98	90	92%	108%	8%	15.35%	-1.47%	-1.82%	0.91%
DGRS	WisdomTree U.S. Smallcap Quality Dividend Growth Fund	$122,905,800	268	223	83%	101%	1%	16.03%	-0.20%	-0.70%	1.54%
WBIY	WBI Power Factor High Dividend ETF	$120,175,000	51	48	94%	105%	5%	15.73%	-1.33%	-0.66%	-0.92%
PKB	Invesco Dynamic Building & Construction ETF	$119,286,000	33	28	85%	112%	12%	24.36%	-1.40%	0.41%	3.54%
NUSC	Nuveen ESG Small-Cap ETF	$119,197,600	618	498	81%	90%	-10%	19.37%	-0.50%	-0.26%	1.31%
GSEW	Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	$118,957,500	496	465	94%	107%	7%	16.58%	-1.18%	-1.01%	0.20%
LVHB	Innovator Lunt Low Vol/High Beta Tactical ETF	$117,541,500	101	91	90%	104%	4%	13.50%	-1.10%	-0.69%	0.31%
USMF	WisdomTree U.S. Multifactor Fund	$116,372,900	199	180	90%	102%	2%	12.86%	-0.44%	-0.39%	0.86%
EXT	WisdomTree U.S. Total Market Fund	$116,199,800	1269	1135	89%	102%	2%	16.22%	-1.37%	-1.37%	0.46%
SYLD	Cambria Shareholder Yield ETF	$112,155,500	103	97	94%	107%	7%	12.86%	-1.76%	-1.41%	0.22%
PPTY	PPTY-U.S. Diversified Real Estate ETF	$111,544,000	116	59	51%	112%	12%	18.18%	-1.36%	-0.39%	-0.14%
RBUS	Nationwide Risk-Based U.S. Equity ETF	$110,758,000	252	235	93%	107%	7%	13.60%	-0.42%	-0.29%	0.36%
FDMO	Fidelity Momentum Factor ETF	$110,138,500	128	114	89%	107%	7%	16.46%	-0.88%	-1.15%	0.83%
CSF	VictoryShares U.S. Discovery Enhanced Volatility Wtd ETF	$109,057,000	465	419	90%	105%	5%	2.23%	-0.47%	-0.27%	0.35%
EWMC	Invesco S&P MidCap 400 Equal Weight ETF	$106,361,600	403	349	87%	97%	-3%	17.07%	-0.75%	-1.26%	-0.13%
MXDU	Nationwide Maximum Diversification U.S. Core Equity ETF	$103,032,000	494	458	93%	106%	6%	13.64%	-0.80%	-0.84%	-1.06%
PRN	Invesco DWA Industrials Momentum ETF	$102,710,400	43	38	88%	104%	4%	23.96%	-0.33%	-0.35%	2.09%
IAK	iShares U.S. Insurance ETF	$102,353,200	71	57	80%	122%	22%	17.89%	-0.18%	1.58%	5.68%
QVAL	Alpha Architect U.S. Quantitative Value ETF	$102,258,000	41	39	95%	107%	7%	15.69%	-2.22%	-3.12%	-2.50%
RCD	Invesco S&P 500 Equal Weight Consumer Discretionary ETF	$101,533,200	67	55	82%	108%	8%	17.53%	-1.57%	-2.38%	-1.37%
USVM	USAA MSCI USA Small Cap Value Momentum Blend Index ETF	$100,257,900	505	379	75%	109%	9%	13.76%	-0.66%	-0.29%	0.02%
SCIU	Global X Scientific Beta U.S. ETF	$99,434,830	361	338	94%	106%	6%	15.06%	-0.88%	-1.07%	0.20%
PXQ	Invesco Dynamic Networking ETF	$98,936,000	32	24	75%	109%	9%	24.97%	-2.81%	-3.64%	1.24%
MFUS	PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	$98,632,800	868	769	89%	108%	8%	13.05%	-0.96%	-1.18%	-0.20%
XTL	SPDR S&P Telecom ETF	$97,982,650	47	38	81%	108%	8%	14.34%	-0.85%	-1.89%	-1.81%
HSPX	Global X S&P 500 Covered Call ETF	$97,646,950	508	473	93%	105%	5%	10.70%	-0.82%	-1.07%	-0.06%
OUSM	O'Shares FTSE Russell Small Cap Quality Dividend ETF	$96,571,080	307	264	86%	102%	2%	16.53%	-0.87%	-0.89%	1.20%
GSSC	Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF	$93,951,500	1421	1043	73%	106%	6%	15.49%	-0.44%	0.06%	1.47%
FCG	First Trust Natural Gas ETF	$93,347,700	33	26	79%	101%	1%	11.17%	2.58%	-5.57%	-5.73%
QQXT	First Trust NASDAQ-100 Ex-Technology Sector Index Fund	$92,592,310	65	57	88%	105%	5%	16.74%	-0.98%	-0.58%	-0.32%
XHS	SPDR S&P Health Care Services ETF	$90,493,890	66	43	65%	106%	6%	4.02%	1.76%	2.29%	-0.50%
FAB	First Trust Multi Cap Value AlphaDEX Fund	$89,358,510	675	581	86%	104%	4%	14.87%	-0.77%	-1.47%	-1.28%
PBS	Invesco Dynamic Media ETF	$89,272,950	33	22	67%	94%	-6%	21.18%	0.91%	-0.03%	2.44%
CCOR	Cambria Core Equity ETF	$89,158,760	55	47	85%	105%	5%	2.07%	0.71%	1.14%	0.41%
ISMD	Inspire Small/Mid Cap Impact ETF	$88,384,000	501	409	82%	93%	-7%	20.73%	-0.81%	-0.49%	0.48%
VFMF	Vanguard U.S. Multifactor ETF	$86,906,250	617	553	90%	107%	7%	12.19%	-1.01%	-1.20%	-0.22%
FTVA	Aptus Fortified Value ETF	$86,592,000	51	47	92%	104%	4%	12.29%	-1.48%	-1.67%	-1.67%
KBWR	Invesco KBW Regional Banking ETF	$85,680,000	53	50	94%	102%	2%	17.30%	-0.69%	1.16%	3.72%
XITK	SPDR FactSet Innovative Technology ETF	$84,146,310	110	74	67%	92%	-8%	28.53%	-1.70%	-1.51%	0.34%
FIVG	Defiance Next Gen Connectivity ETF	$83,953,650	58	43	74%	101%	1%	0.98%	-1.96%	-2.46%	-1.72%
GVIP	Goldman Sachs Hedge Industry VIP ETF	$83,314,000	52	46	88%	105%	5%	19.06%	-1.70%	-1.88%	0.54%
QLC	FlexShares US Quality Large Cap Index Fund	$82,051,230	141	132	94%	105%	5%	11.39%	-1.76%	-2.55%	-1.76%
PXSV	Invesco Russell 2000 Pure Value ETF	$79,765,400	322	211	66%	117%	17%	14.12%	0.14%	-0.06%	0.38%
AIRR	First Trust RBA American Industrial Renaissance ETF	$79,593,430	57	53	93%	101%	1%	16.51%	-1.40%	-1.37%	1.32%
PSCD	Invesco S&P SmallCap Consumer Discretionary ETF	$79,388,750	99	87	88%	106%	6%	14.20%	-0.23%	0.15%	1.26%
ENTR	ERShares Entrepreneur 30 ETF	$78,834,360	31	30	97%	106%	6%	25.06%	-1.75%	-3.30%	-0.03%
DJD	Invesco Dow Jones Industrial Average Dividend ETF	$77,172,900	32	29	91%	101%	1%	9.69%	-1.07%	-1.67%	-1.12%
MFMS	MFAM Small-Cap Growth ETF	$75,250,000	33	26	79%	109%	9%	24.19%	-1.56%	-1.64%	0.39%
JSMD	Janus Henderson Small/Mid CapGrowth Alpha ETF	$75,154,930	252	211	84%	93%	-7%	21.23%	-0.88%	-1.22%	1.48%
QMOM	Alpha Architect U.S. Quantitative Momentum ETF	$72,474,000	51	41	80%	113%	13%	19.92%	-0.28%	0.99%	2.23%
PBJ	Invesco Dynamic Food & Beverage ETF	$71,353,800	33	25	76%	113%	13%	13.39%	-0.71%	-0.19%	1.37%
CSB	VictoryShares U.S. Small Cap High Div Volatility Wtd ETF	$68,532,900	101	90	89%	98%	-2%	12.15%	-0.43%	-0.40%	1.25%
FTHI	First Trust BuyWrite Income ETF	$68,321,040	143	127	89%	113%	13%	10.55%	-0.86%	-0.32%	1.15%
PSCI	Invesco S&P SmallCap Industrials ETF	$67,728,000	101	89	88%	103%	3%	19.06%	0.21%	0.54%	3.15%
NFO	Invesco Insider Sentiment ETF	$67,066,610	105	85	81%	106%	6%	16.72%	-0.59%	-0.70%	1.01%
KBWP	Invesco KBW Property & Casualty Insurance ETF	$66,423,000	27	21	78%	105%	5%	18.41%	0.76%	2.99%	7.66%
ENFR	Alerian Energy Infrastructure ETF	$65,453,000	39	27	69%	101%	1%	19.32%	0.56%	-2.11%	-2.64%
PEJ	Invesco Dynamic Leisure and Entertainment ETF	$64,764,250	32	25	78%	105%	5%	9.72%	-1.57%	-1.67%	-0.05%
PXLV	Invesco Russell Top 200 Pure Value ETF	$63,566,400	71	65	92%	105%	5%	14.76%	-1.44%	-0.85%	0.45%
LSAF	LeaderShares AlphaFactor U.S. Core Equity ETF	$63,214,500	99	92	93%	107%	7%	15.02%	-1.42%	-1.68%	-0.10%
FYT	First Trust Small Cap Value AlphaDEX Fund	$62,435,970	262	212	81%	106%	6%	16.68%	0.20%	-0.58%	0.43%
PYZ	Invesco DWA Basic Materials Momentum ETF	$62,301,750	51	47	92%	102%	2%	10.30%	-0.68%	-3.21%	-4.30%
KRMA	Global X Conscious Companies ETF	$62,081,100	163	154	94%	105%	5%	17.18%	-1.12%	-1.09%	0.49%
DBLV	AdvisorShares DoubleLine Value Equity ETF	$62,069,170	49	42	86%	104%	4%	13.15%	-0.71%	-0.95%	0.01%
JHMT	John Hancock Multifactor Technology ETF	$61,149,690	128	118	92%	106%	6%	24.23%	-2.46%	-3.58%	-0.09%
VFVA	Vanguard U.S. Value Factor ETF	$60,856,000	812	719	89%	104%	4%	16.16%	-1.08%	-1.48%	0.24%
NULG	Nuveen ESG Large-Cap Growth ETF	$60,170,380	128	122	95%	99%	-1%	19.04%	-0.91%	-2.07%	0.08%
NULV	Nuveen ESG Large-Cap Value ETF	$59,979,600	141	134	95%	105%	5%	12.77%	-1.23%	-1.01%	-0.24%
EQWL	Invesco Russell Top 200 Equal Weight ETF	$59,260,950	196	183	93%	104%	4%	14.60%	-1.15%	-1.59%	-0.12%
ACSI	American Customer Satisfaction ETF	$59,202,500	90	76	84%	109%	9%	15.50%	-0.50%	-0.23%	0.87%
GURU	Global X Guru Index ETF	$58,498,050	62	55	89%	107%	7%	18.69%	-1.36%	-1.74%	0.46%
SPVU	Invesco S&P 500 Enhanced Value ETF	$57,825,940	100	90	90%	102%	2%	12.57%	-1.54%	-0.99%	0.67%
SPMO	Invesco S&P 500 Momentum ETF	$57,488,190	103	94	91%	121%	21%	15.97%	-0.75%	-0.53%	-0.99%
BIBL	Inspire 100 ETF	$56,908,000	100	95	95%	102%	2%	15.22%	-1.73%	-1.83%	-1.67%
NUMV	Nuveen ESG Mid-Cap Value ETF	$56,594,200	83	78	94%	108%	8%	16.67%	-1.20%	-0.92%	-0.02%
JVAL	JPMorgan U.S. Value Factor ETF	$56,448,000	325	267	82%	103%	3%	14.09%	-1.53%	-1.45%	-0.36%
BTEC	Principal Healthcare Innovators Index ETF	$56,005,650	192	132	69%	100%	0%	18.99%	0.43%	-0.03%	-7.06%
FNK	First Trust Mid Cap Value AlphaDEX Fund	$55,663,670	225	194	86%	94%	-6%	15.48%	-0.93%	-1.65%	-0.22%
NURE	Nuveen Short-Term REIT ETF	$55,549,540	36	16	44%	114%	14%	14.61%	-1.56%	0.01%	0.09%
JHMH	John Hancock Multifactor Healthcare ETF	$54,631,000	116	103	89%	102%	2%	5.57%	-0.13%	1.17%	-2.67%
JQUA	JPMorgan U.S. Quality Factor ETF	$53,261,500	264	226	86%	98%	-2%	14.42%	-1.24%	-1.88%	-0.99%
NUMG	Nuveen ESG Mid-Cap Growth ETF	$52,224,000	81	74	91%	111%	11%	22.77%	-0.65%	-0.01%	1.36%
XWEB	SPDR S&P Internet ETF	$51,442,350	53	33	62%	121%	21%	20.09%	-1.06%	-0.47%	1.17%
QDYN	FlexShares Quality Dividend Dynamic Index Fund	$51,421,140	185	172	93%	104%	4%	13.80%	-1.67%	-2.14%	-1.26%
CALF	Pacer U.S. Small Cap Cash Cows 100 ETF	$50,856,000	101	89	88%	103%	3%	9.68%	-0.84%	-0.65%	0.47%
MMTM	SPDR S&P 1500 Momentum Tilt ETF	$50,705,130	1357	1194	88%	106%	6%	16.08%	-1.18%	-1.55%	0.13%
PXMV	Invesco Russell MidCap Pure Value ETF	$50,096,000	185	156	84%	106%	6%	15.10%	-1.26%	-1.24%	-0.52%
PSR	Invesco Active U.S. Real Estate ETF	$49,217,850	83	56	67%	114%	14%	15.16%	-1.53%	-0.76%	-1.59%
SSPY	Syntax Stratified LargeCap ETF	$48,226,250	506	474	94%	105%	5%	13.70%	-1.24%	-1.48%	-0.44%
OSCV	Opus Small Cap Value Plus ETF	$47,718,750	83	65	78%	105%	5%	15.89%	0.01%	0.74%	2.40%
JHMF	John Hancock Multifactor Financials ETF	$47,515,620	164	156	95%	106%	6%	19.12%	-1.29%	-0.17%	3.54%
PXI	Invesco DWA Energy Momentum ETF	$46,641,000	41	37	90%	124%	24%	7.74%	-0.11%	-6.24%	-6.33%
DWPP	First Trust Dorsey Wright People's Portfolio ETF	$46,128,060	499	469	94%	107%	7%	17.93%	-0.51%	-0.87%	0.70%
MILN	Global X Millennials Thematic ETF	$45,788,220	82	66	80%	109%	9%	23.69%	-0.76%	-1.72%	0.58%
DWAQ	Invesco DWA NASDAQ Momentum ETF	$45,681,600	103	85	83%	120%	20%	27.10%	1.18%	0.35%	0.71%
ESG	FlexShares STOXX U.S. ESG Impact Index Fund	$45,412,320	434	411	95%	109%	9%	15.54%	-1.17%	-1.47%	0.60%
TPLC	Timothy Plan U.S. Large Cap Core ETF	$45,081,720	297	275	93%	103%	3%	-1.18%	-1.00%	-1.18%	-1.18%
TPHD	Timothy Plan High Dividend Stock ETF	$44,785,620	101	92	91%	103%	3%	-1.65%	-1.66%	-1.65%	-1.65%
SFY	SoFi Select 500 ETF	$44,255,160	501	469	94%	107%	7%	-0.16%	-1.04%	-1.56%	-0.16%
YOLO	AdvisorShares Pure Cannabis ETF	$43,397,550	26	6	23%	87%	-13%	-1.16%	-0.28%	-3.52%	-1.16%
YMLP	VanEck Vectors High Income MLP ETF	$42,332,710	18	7	39%	108%	8%	19.65%	-1.05%	-1.74%	-0.61%
JHMC	John Hancock Multifactor Consumer Discretionary ETF	$41,993,380	102	88	86%	112%	12%	17.89%	-1.30%	-2.15%	0.03%
SYE	SPDR MFS Systematic Core Equity ETF	$41,117,220	79	42	53%	108%	8%	14.87%	-1.30%	-1.70%	0.12%
JMIN	JPMorgan U.S. Minimum Volatility ETF	$41,093,000	247	201	81%	122%	22%	13.08%	-0.76%	-0.51%	-0.13%
VSMV	VictoryShares U.S. Multi-Factor Minimum Volatility ETF	$40,936,460	69	62	90%	107%	7%	12.83%	-0.70%	-0.57%	1.21%
FVL	First Trust Value Line 100 ETF	$40,479,630	96	78	81%	102%	2%	12.66%	-0.52%	-0.58%	-0.74%
KCE	SPDR S&P Capital Markets ETF	$40,149,770	65	50	77%	106%	6%	18.14%	-1.25%	-1.99%	2.33%
QSY	WisdomTree U.S. Quality Shareholder Yield Fund	$39,903,570	171	164	96%	111%	11%	17.37%	-1.71%	-2.00%	0.19%
PHDG	Invesco S&P 500 Downside Hedged ETF	$39,849,600	512	473	92%	105%	5%	7.09%	-0.93%	-1.16%	-0.55%
FCTR	First Trust Lunt U.S. Factor Rotation ETF	$39,775,040	179	158	88%	105%	5%	20.19%	-0.83%	-1.14%	0.07%
JMOM	JPMorgan U.S. Momentum Factor ETF	$39,634,000	358	314	88%	107%	7%	16.49%	-0.79%	-1.08%	0.36%
PXE	Invesco Dynamic Energy Exploration & Production ETF	$39,386,650	33	30	91%	121%	21%	9.76%	1.77%	-5.20%	-3.55%
RWW	Oppenheimer S&P Financials Revenue ETF	$37,481,970	70	67	96%	104%	4%	16.46%	-1.62%	-0.08%	3.98%
ESML	iShares ESG MSCI U.S.A. Small-Cap ETF	$37,150,110	936	785	84%	102%	2%	18.88%	-0.55%	-0.48%	0.75%
EWSC	Invesco S&P SmallCap 600 Equal Weight ETF	$36,845,250	605	495	82%	104%	4%	14.68%	-0.33%	-0.48%	0.37%
SMMD	iShares Russell 2500 ETF	$36,760,640	476	421	88%	119%	19%	17.63%	-0.74%	-0.72%	0.56%
FTXL	First Trust Nasdaq Semiconductor ETF	$36,119,580	31	30	97%	105%	5%	29.65%	-3.92%	-3.17%	-0.20%
LEAD	Reality Shares DIVCON Leaders Dividend ETF	$35,933,420	63	58	92%	102%	2%	16.87%	-1.25%	-2.44%	-0.16%
DSTL	Distillate U.S. Fundamental Stability & Value ETF	$35,867,750	101	97	96%	106%	6%	16.67%	-1.11%	-1.94%	0.04%
CSA	VictoryShares US Small Cap Volatility Wtd ETF	$35,695,650	465	419	90%	105%	5%	15.35%	0.62%	0.23%	2.17%
SYG	SPDR MFS Systematic Growth Equity ETF	$35,198,280	86	47	55%	112%	12%	17.12%	-0.98%	-0.49%	0.29%
SYV	SPDR MFS Systematic Value Equity ETF	$34,350,100	98	51	52%	104%	4%	13.23%	-1.53%	-1.96%	-0.75%
SPDV	AAM S&P 500 High Dividend Value ETF	$34,229,000	56	51	91%	104%	4%	10.48%	-1.21%	-0.98%	-1.93%
KNG	Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF	$33,185,500	107	52	49%	103%	3%	10.53%	-1.17%	-1.18%	-0.80%
FOVL	iShares Focused Value Factor ETF	$33,024,420	42	38	90%	107%	7%	1.85%	-0.99%	-2.02%	0.61%
USDY	Pacific Global U.S. Equity Income ETF	$31,996,080	380	358	94%	104%	4%	0.31%	-1.39%	-1.20%	-0.53%
JHMI	John Hancock Multifactor Industrials ETF	$31,993,380	135	132	98%	110%	10%	20.42%	-1.56%	-1.52%	0.54%
BBUS	JPMorgan BetaBuilders U.S. Equity ETF	$31,668,000	632	576	91%	105%	5%	2.67%	-1.19%	-1.59%	0.24%
RORE	Hartford Multifactor REIT ETF	$31,408,400	59	25	42%	122%	22%	14.97%	-0.60%	0.58%	-0.47%
EWRE	Invesco S&P 500 Equal Weight Real Estate ETF	$31,361,400	35	29	83%	115%	15%	14.19%	-1.54%	-0.90%	-2.22%
JSML	Janus Henderson Small Cap Growth Alpha ETF	$30,825,380	203	161	79%	104%	4%	22.06%	0.84%	1.38%	3.11%
DDIV	First Trust Dorsey Wright Momentum & Dividend ETF	$30,778,840	51	43	84%	110%	10%	18.21%	-0.36%	-0.44%	0.55%
JDIV	JPMorgan U.S. Dividend ETF	$30,532,500	241	192	80%	104%	4%	12.88%	-1.02%	-1.16%	-1.05%
JHMU	John Hancock Multifactor Utilities ETF	$30,443,060	42	39	93%	103%	3%	8.74%	-1.34%	-1.64%	-1.15%
USEQ	Invesco Russell 1000 Enhanced Equal Weight ETF	$29,803,230	691	628	91%	114%	14%	16.46%	-0.85%	-0.89%	-0.65%
DVOL	First Trust Dorsey Wright Momentum & Low Volatility ETF	$29,123,220	51	39	76%	105%	5%	14.75%	-0.72%	-0.11%	1.03%
ESGL	Oppenheimer ESG Revenue ETF	$28,559,690	241	226	94%	104%	4%	13.92%	-1.27%	-1.08%	-0.54%
PSCE	Invesco S&P SmallCap Energy ETF	$28,128,600	42	37	88%	78%	-22%	15.39%	-0.10%	-8.91%	-10.44%
JHMS	John Hancock Multifactor Consumer Staples ETF	$27,734,000	45	40	89%	106%	6%	11.97%	-0.40%	0.28%	1.54%
JHME	John Hancock Multifactor Energy ETF	$25,384,740	45	44	98%	99%	-1%	12.81%	0.29%	-5.80%	-3.67%
EQWM	Invesco Russell MidCap Equal Weight ETF	$25,265,000	772	683	88%	109%	9%	16.24%	-0.70%	-1.58%	-1.68%
PFI	Invesco DWA Financial Momentum ETF	$25,059,300	45	35	78%	103%	3%	23.22%	0.07%	0.98%	3.65%
FMK	First Trust Mega Cap AlphaDEX Fund	$24,864,070	50	48	96%	104%	4%	9.80%	-0.62%	-1.21%	0.49%
VFQY	Vanguard U.S. Quality Factor ETF	$24,687,000	746	662	89%	110%	10%	15.39%	-1.13%	-1.44%	0.06%
XSHD	Invesco S&P SmallCap High Dividend Low Volatility ETF	$24,333,020	63	40	63%	109%	9%	8.64%	0.10%	-0.25%	-1.62%
JHCS	John Hancock Multifactor Media and Communications ETF	$23,629,860	64	46	72%	96%	-4%	4.36%	-0.45%	-0.64%	2.10%
SRVR	Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF	$22,904,000	19	11	58%	115%	15%	23.21%	1.11%	1.76%	0.03%
EWCO	Invesco S&P 500 Equal Weight Communication Services ETF	$22,827,630	29	22	76%	98%	-2%	14.18%	-1.20%	-1.05%	0.97%
JHMA	John Hancock Multifactor Materials ETF	$22,388,310	51	50	98%	103%	3%	10.37%	-1.45%	-2.56%	-4.14%
SPYB	SPDR S&P 500 Buyback ETF	$22,028,030	106	95	90%	104%	4%	17.37%	-1.52%	-1.73%	1.13%
ALFA	AlphaClone Alternative Alpha ETF	$21,072,000	41	36	88%	106%	6%	22.43%	-0.84%	-1.33%	1.18%
VLU	SPDR S&P 1500 Value Tilt ETF	$20,951,510	1416	1246	88%	104%	4%	12.97%	-1.07%	-1.17%	0.19%
UTRN	Vesper U.S. Large Cap Short-Term Reversal Strategy ETF	$20,865,150	26	20	77%	101%	1%	21.00%	-0.56%	-1.44%	-0.01%
DIVO	Amplify CWP Enhanced Dividend Income ETF	$20,713,000	29	22	76%	99%	-1%	11.28%	-0.57%	-1.51%	-0.25%
DYNF	BlackRock U.S. Equity Factor Rotation ETF	$20,638,000	621	584	94%	103%	3%	0.76%	-1.13%	-1.35%	-0.10%
FLQS	Franklin LibertyQ U.S. Small Cap Equity ETF	$20,223,000	489	377	77%	107%	7%	12.78%	-0.61%	-0.30%	1.54%
PSCM	Invesco S&P SmallCap Materials ETF	$19,620,400	37	29	78%	104%	4%	19.04%	-0.40%	-1.00%	-3.09%
RNLC	First Trust Large Cap U.S. Equity Select ETF	$19,371,610	394	374	95%	105%	5%	15.98%	-1.54%	-1.65%	-0.24%
VFLQ	Vanguard U.S. Liquidity Factor ETF	$18,733,500	903	724	80%	107%	7%	17.18%	-0.59%	-0.25%	0.87%
DVLU	First Trust Dorsey Wright Momentum & Value ETF	$18,703,050	51	47	92%	109%	9%	23.60%	-0.03%	-0.49%	1.71%
PLCY	EventShares U.S. Policy Alpha ETF	$18,496,000	129	112	87%	110%	10%	12.81%	-0.15%	0.71%	0.35%
YMLI	VanEck Vectors High Income Infrastructure MLP ETF	$18,444,330	26	20	77%	97%	-3%	11.31%	0.87%	-2.12%	-2.75%
FNG	AdvisorShares New Tech and Media ETF	$17,810,570	24	14	58%	112%	12%	-9.02%	1.47%	-3.42%	-9.55%
QGRO	American Century STOXX U.S. Quality Growth ETF	$17,635,670	208	192	92%	114%	14%	21.91%	-1.00%	-1.19%	0.73%
TUSA	First Trust Total US Market AlphaDEX ETF	$17,266,070	1200	1019	85%	106%	6%	15.83%	-0.50%	-1.34%	-0.66%
MAGA	Point Bridge GOP Stock Tracker ETF	$17,100,000	150	145	97%	104%	4%	15.46%	-1.28%	-2.19%	-0.57%
CWS	AdvisorShares Focused Equity ETF	$16,900,380	28	24	86%	103%	3%	16.27%	-0.19%	0.64%	1.38%
UTES	Virtus Reaves Utilities ETF	$16,754,100	27	25	93%	106%	6%	9.83%	-1.42%	-1.40%	-1.01%
XUSA	QuantX Dynamic Beta US Equity ETF	$16,115,000	50	47	94%	104%	4%	8.25%	-0.68%	-0.41%	0.55%
RNMC	First Trust Mid Cap U.S. Equity Select ETF	$15,703,990	376	327	87%	124%	24%	18.74%	-0.42%	-0.17%	1.21%
EDOW	First Trust Dow 30 Equal Weight ETF	$15,680,000	30	29	97%	101%	1%	12.02%	-1.05%	-1.86%	-0.50%
VALQ	American Century STOXX U.S. Quality Value ETF	$15,099,750	247	234	95%	103%	3%	12.12%	-1.26%	-1.22%	-1.05%
XKFS	SPDR Kensho Future Security ETF	$15,001,150	74	53	72%	107%	7%	25.92%	-0.92%	0.36%	3.67%
PSET	Principal Price Setters Index ETF	$14,851,680	150	147	98%	106%	6%	17.92%	-2.15%	3.23%	3.23%
PY	Principal Shareholder Yield Index ETF	$14,611,040	137	132	96%	103%	3%	15.38%	-2.16%	-1.21%	0.57%
VSDA	VictoryShares Dividend Accelerator ETF	$14,524,240	76	73	96%	103%	3%	16.14%	-0.25%	-0.98%	0.39%
GARD	Reality Shares DIVCON Dividend Guard ETF	$13,975,380	63	58	92%	101%	1%	-1.23%	-1.80%	-2.37%	-2.64%
FLLV	Franklin Liberty U.S. Low Volatility ETF	$13,840,000	83	76	92%	104%	4%	17.83%	-1.08%	-1.44%	-0.15%
ACT	AdvisorShares Vice ETF	$13,548,790	35	22	63%	96%	-4%	18.35%	-0.21%	0.30%	0.74%
OMFS	Oppenheimer Russell 2000 Dynamic Multifactor ETF	$12,305,870	574	414	72%	113%	13%	15.39%	-0.53%	0.46%	0.83%
SLT	Salt High truBeta U.S. Market ETF	$11,749,500	102	97	95%	102%	2%	24.52%	-1.22%	-4.02%	-1.25%
FTXN	First Trust Nasdaq Oil & Gas ETF	$11,702,420	51	49	96%	96%	-4%	10.72%	1.24%	-4.11%	-6.06%
NETL	NETLease Corporate Real Estate ETF	$11,488,100	25	8	32%	75%	-25%	0.58%	-1.48%	-0.54%	0.10%
BVAL	Brand Value ETF	$11,480,000	51	48	94%	102%	2%	14.41%	-0.85%	-0.99%	1.67%
BOUT	Innovator IBD Breakout Opportunities ETF	$11,357,500	64	59	92%	88%	-12%	16.72%	-0.60%	-1.38%	0.00%
SZNE	Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index ETF	$11,352,000	96	90	94%	105%	5%	21.80%	0.08%	0.12%	1.22%
FLQM	Franklin LibertyQ U.S. Mid Cap Equity ETF	$10,976,000	201	179	89%	107%	7%	17.31%	-1.34%	-1.14%	0.08%
PQSG	PGIM QMA Strategic Alpha Small-Cap Growth ETF	$10,599,220	611	476	78%	107%	7%	17.37%	0.80%	0.81%	0.27%
PQLC	PGIM QMA Strategic Alpha Large-Cap Core ETF	$10,493,560	294	276	94%	105%	5%	15.90%	-1.10%	-1.55%	-1.01%
DESC	Xtrackers Russell 2000 Comprehensive Factor ETF	$10,377,030	1495	1103	74%	106%	6%	13.21%	-0.32%	0.13%	1.32%
AMCA	iShares Russell 1000 Pure U.S. Revenue ETF	$9,892,575	407	368	90%	107%	7%	13.62%	-1.24%	-0.37%	0.29%
DURA	VanEck Vectors Morningstar Durable Dividend ETF	$9,673,253	82	73	89%	103%	3%	12.55%	-1.22%	-1.70%	-0.57%
RVRS	Reverse Cap Weighted U.S. Large Cap ETF	$9,295,000	504	471	93%	105%	5%	17.61%	-1.36%	-1.86%	-1.07%
XKII	SPDR Kensho Intelligent Structures ETF	$9,012,370	63	37	59%	99%	-1%	21.33%	-0.14%	0.87%	3.54%
FTLB	First Trust Hedged BuyWrite Income ETF	$8,837,600	145	127	88%	113%	13%	9.38%	-0.41%	-0.14%	1.11%
IETC	iShares Evolved U.S. Technology ETF	$8,762,040	218	200	92%	105%	5%	24.39%	-1.15%	-2.60%	1.63%
SQLV	Legg Mason Small-Cap Quality Value ETF	$8,403,274	232	186	80%	78%	-22%	13.57%	-0.09%	-1.49%	-0.26%
DIVB	iShares U.S. Dividend and Buyback ETF	$8,364,360	352	334	95%	107%	7%	15.64%	-1.34%	-2.20%	0.98%
FTXD	First Trust Nasdaq Retail ETF	$7,941,118	51	48	94%	103%	3%	7.45%	-0.85%	-2.03%	-1.55%
FSMD	Fidelity Small-Mid Factor ETF	$7,691,580	591	480	81%	97%	-3%	1.13%	-0.59%	-0.32%	1.02%
PMR	Invesco Dynamic Retail ETF	$7,688,400	33	28	85%	103%	3%	11.71%	-1.59%	-2.20%	0.81%
CHGX	Change Finance U.S. Large Cap Fossil Fuel Free ETF	$7,420,000	100	93	93%	105%	5%	18.27%	-1.29%	-1.09%	0.33%
KOMP	SPDR Kensho New Economies Composite ETF	$7,419,307	397	288	73%	90%	-10%	21.79%	-0.81%	-0.29%	0.79%
INDS	Pacer Benchmark Industrial Real Estate SCTR ETF	$7,382,500	17	5	29%	118%	18%	21.19%	-1.96%	-1.06%	0.65%
LVUS	Hartford Multifactor Low Volatility U.S. Equity ETF	$7,337,525	257	223	87%	109%	9%	15.06%	-0.55%	-0.59%	-0.01%
XKST	SPDR Kensho Smart Mobility ETF	$7,242,324	67	48	72%	83%	-17%	21.20%	-2.27%	-2.47%	-1.61%
XSHQ	Invesco S&P SmallCap Quality ETF	$7,177,029	117	104	89%	105%	5%	11.17%	-1.16%	-0.13%	3.52%
SPXE	ProShares S&P 500 Ex-Energy ETF	$7,131,150	514	457	89%	105%	5%	16.30%	-1.22%	-1.40%	0.57%
BERN	Bernstein U.S. Research Fund	$7,077,724	49	45	92%	105%	5%	13.80%	-2.42%	-3.78%	-2.50%
IEHS	iShares Evolved U.S. Healthcare Staples ETF	$7,001,225	164	140	85%	105%	5%	5.23%	0.17%	1.37%	-2.62%
OYLD	Oppenheimer Russell 1000 Yield Factor ETF	$6,705,122	247	220	89%	104%	4%	11.69%	-1.14%	-1.00%	-0.29%
TETF	ETF Industry Exposure & Financial Services ETF	$6,684,552	46	38	83%	107%	7%	16.92%	-0.50%	-1.06%	2.74%
RNSC	First Trust Small Cap U.S. Equity Select ETF	$6,528,203	351	272	77%	103%	3%	15.20%	0.25%	0.00%	-0.22%
QDIV	Global X S&P 500 Quality Dividend ETF	$6,423,169	73	66	90%	106%	6%	17.20%	-1.38%	-1.86%	-0.94%
FTXH	First Trust Nasdaq Pharmaceuticals ETF	$6,395,506	31	26	84%	113%	13%	8.15%	-0.12%	0.25%	-3.17%
IEDI	iShares Evolved U.S. Discretionary Spending ETF	$5,789,860	217	188	87%	120%	20%	16.94%	-1.08%	-1.87%	0.67%
OQAL	Oppenheimer Russell 1000 Quality Factor ETF	$5,768,289	420	389	93%	100%	0%	16.33%	-1.44%	-2.35%	-0.64%
OVOL	Oppenheimer Russell 1000 Low Volatility Factor ETF	$5,702,061	297	281	95%	101%	1%	14.69%	-1.35%	-1.31%	-0.19%
OMOM	Oppenheimer Russell 1000 Momentum Factor ETF	$5,642,698	592	550	93%	108%	8%	15.80%	-1.26%	-1.29%	0.46%
OSIZ	Oppenheimer Russell 1000 Size Factor ETF	$5,623,086	624	548	88%	118%	18%	19.24%	-0.76%	-1.69%	-0.71%
RNDV	First Trust U.S. Equity Dividend Select ETF	$5,617,940	194	183	94%	106%	6%	14.00%	-1.65%	-1.14%	0.14%
PMOM	Principal Sustainable Momentum Index ETF	$5,614,508	138	123	89%	105%	5%	14.88%	-1.43%	-1.43%	-1.67%
IEME	iShares Evolved U.S. Media and Entertainment ETF	$5,603,880	99	66	67%	105%	5%	20.03%	-0.16%	-0.37%	1.98%
SFYX	SoFi Next 500 ETF	$5,566,440	498	425	85%	110%	10%	-1.30%	-0.90%	-1.40%	-1.30%
IFRA	iShares U.S. Infrastructure ETF	$5,408,520	153	138	90%	103%	3%	15.06%	-0.64%	-1.32%	-0.42%
OVLU	Oppenheimer Russell 1000 Value Factor ETF	$5,371,699	598	549	92%	105%	5%	13.26%	-1.11%	-1.57%	-1.14%
PVAL	Principal Contrarian Value Index ETF	$5,366,447	279	250	90%	112%	12%	18.79%	-0.63%	-2.42%	0.22%
HOMZ	Hoya Capital Housing ETF	$5,283,360	100	88	88%	123%	23%	4.15%	-1.90%	-1.24%	0.28%
SCAP	AdvisorShares Cornerstone Small Cap ETF	$5,157,455	243	199	82%	92%	-8%	14.95%	-0.78%	-0.13%	0.72%
IEIH	iShares Evolved U.S. Innovative Healthcare ETF	$5,081,080	217	159	73%	95%	-5%	5.47%	-0.43%	-0.27%	-4.21%
IEFN	iShares Evolved U.S. Financials ETF	$4,865,380	264	251	95%	105%	5%	17.27%	-1.24%	0.09%	3.28%
XTH	SPDR S&P Technology Hardware ETF	$4,669,857	54	37	69%	108%	8%	24.09%	-1.17%	-1.79%	-0.50%
XKCP	SPDR Kensho Clean Power ETF	$4,450,413	44	30	68%	79%	-21%	23.76%	1.19%	0.68%	2.49%
EQRR	ProShares Equities for Rising Rates ETF	$4,243,000	98	91	93%	100%	0%	12.72%	-0.40%	-3.52%	-1.66%
SDVY	First Trust SMID Cap Rising Dividend Achievers ETF	$4,219,794	101	97	96%	105%	5%	18.55%	-0.12%	-0.84%	2.70%
ESGS	Columbia Sustainable U.S. Equity Income ETF	$4,201,860	102	97	95%	104%	4%	20.05%	-1.61%	-2.25%	-1.09%
QVM	Arrow QVM Equity Factor ETF	$4,189,500	51	45	88%	104%	4%	14.08%	-0.85%	-2.04%	-0.06%
WOMN	Impact Shares YWCA Women's Empowerment ETF	$4,141,155	219	208	95%	110%	10%	16.08%	-1.00%	-1.39%	0.63%
BOSS	Global X Founder-Run Companies ETF	$4,081,174	97	87	90%	89%	-11%	21.80%	-1.42%	-1.82%	-0.99%
IECS	iShares Evolved U.S. Consumer Staples ETF	$3,990,540	128	112	88%	106%	6%	14.86%	-0.06%	0.94%	2.40%
BOON	NYSE Pickens Oil Response ETF	$3,941,000	109	102	94%	101%	1%	16.08%	-0.35%	-4.24%	-2.78%
LSLT	Salt Low truBeta US Market ETF	$3,907,020	101	92	91%	102%	2%	2.45%	-0.74%	-0.59%	0.55%
SPXT	ProShares S&P 500 Ex-Technology ETF	$3,303,000	478	424	89%	105%	5%	14.04%	-0.96%	-1.25%	0.10%
XKFF	SPDR Kensho Final Frontiers ETF	$3,238,068	41	28	68%	107%	7%	23.80%	0.06%	0.89%	4.25%
PBUS	Invesco PureBeta MSCI U.S.A. ETF	$2,923,829	626	581	93%	105%	5%	16.01%	-1.12%	-2.06%	-0.48%
VETS	Pacer Military Times Best Employers ETF	$2,868,000	44	40	91%	109%	9%	19.30%	2.33%	2.33%	2.33%
PBSM	Invesco PureBeta MSCI U.S.A. Small Cap ETF	$2,771,128	1784	1384	78%	114%	14%	18.54%	-0.10%	-0.11%	1.18%
BKCH	AdvisorShares Sabretooth ETF	$2,722,600	32	27	84%	109%	9%	7.89%	0.03%	-1.17%	0.49%
PRID	InsightShares LGBT Employment Equality ETF	$2,707,545	272	253	93%	108%	8%	15.71%	-1.07%	-1.38%	0.15%
DQML	Reality Shares Fundstrat DQM Long ETF	$2,652,027	102	98	96%	105%	5%	16.40%	-1.35%	-1.37%	0.25%
XLUY	Cushing Utility & MLP ETF	$2,591,000	41	35	85%	100%	0%	11.93%	-1.51%	-1.58%	-1.29%
XLTY	Cushing Transportation & MLP ETF	$2,575,000	30	27	90%	103%	3%	15.11%	-0.98%	-3.73%	-0.81%
XLSY	Cushing Energy Supply Chain & MLP ETF	$2,536,000	53	49	92%	100%	0%	14.53%	-0.39%	-3.46%	-2.94%
XLEY	Cushing Energy & MLP ETF	$2,526,000	38	35	92%	97%	-3%	17.42%	0.11%	-4.36%	-2.79%
IUS	Invesco RAFI Strategic US ETF	$2,514,925	541	496	92%	102%	2%	14.46%	-0.56%	-0.60%	3.37%
BUL	Pacer U.S. Cash Cows Growth ETF	$2,480,640	51	43	84%	97%	-3%	-1.80%	-1.80%	-1.80%	-1.80%
FTXR	First Trust Nasdaq Transportation ETF	$2,442,682	31	30	97%	106%	6%	11.77%	-0.47%	-1.47%	0.52%
IUSS	Invesco RAFI Strategic US Small Company ETF	$2,399,624	1149	942	82%	108%	8%	19.26%	1.92%	1.45%	2.67%
NACP	Impact Shares NAACP Minority Empowerment ETF	$2,232,356	223	210	94%	108%	8%	15.72%	-1.11%	-2.00%	0.22%
BUY	USCF SummerHaven SHPEI Index Fund	$2,123,675	287	230	80%	105%	5%	28.38%	-0.51%	-1.40%	-0.14%
SPXN	ProShares S&P 500 Ex-Financials ETF	$2,117,500	441	392	89%	105%	5%	16.29%	-1.48%	-1.86%	-0.17%
FTXG	First Trust Nasdaq Food & Beverage ETF	$2,052,287	31	27	87%	108%	8%	13.02%	-0.05%	0.10%	1.80%
SPXV	ProShares S&P 500 Ex-Health Care ETF	$1,535,750	480	429	89%	105%	5%	18.29%	-1.33%	-2.20%	0.04%
SPMV	Invesco S&P 500 Minimum Variance ETF	$1,467,929	115	102	89%	106%	6%	16.51%	-0.87%	-1.13%	0.77%
RTL	Pacer Benchmark Retail Real Estate SCTR ETF	$1,406,500	34	11	32%	122%	22%	11.16%	-1.84%	-1.32%	-2.72%
PEXL	Pacer U.S. Export Leaders ETF	$1,282,500	101	91	90%	103%	3%	20.19%	-2.67%	-4.59%	-2.38%
HONR	InsightShares Patriotic Employers ETF	$1,272,075	93	89	96%	105%	5%	17.23%	-0.82%	-0.51%	1.25%
VSL	Volshares Large Cap ETF	$717,000	26	20	77%	104%	4%	28.70%	-0.97%	-1.70%	0.12%

About Scott McKenna

Posts by Scott McKenna:

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

US Listed ETFs – Equity – Top Inflows & Outflows

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

New Launches, Filings, Closings and Changes

New Launches:

New Filings:

Closings:

Expense Ratio Changes:

Welcome to ETFLogic’s weekly update.We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogicInsights Platform.

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

US Listed ETFs – Equity – 1 Week Inflows & Outflows

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

On-Screen Liquidity Momentum

New Launches, Filings, Closings and Changes

New Launches:

New Filings

Closings

Expense Ratio Changes

Welcome to ETFLogic’s weekly update.We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogic Insights Platform

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

US Listed ETFs – Equity – 1 Week Inflows & Outflows

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

On-Screen Liquidity Momentum

New Launches, Filings, Closings and Changes

New Launches:

New Filings

Closings

Expense Ratio Changes

Welcome to ETFLogic’s weekly update.We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogicInsights Platform.

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

US Listed ETFs – Equity – 1 Week Inflows & Outflows

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

On-Screen Liquidity Momentum

New Launches, Filings, Closings and Changes

New Launches:

New Filings

Closings

Expense Ratio Changes

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

US Listed ETFs – Equity – 1 Week Inflows & Outflows

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

On-Screen Liquidity Momentum

New Launches, Filings, Closings and Changes

New Launches:

New Filings

Closings

Expense Ratio Changes

Welcome to ETFLogic’s weekly update.We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogic Insights platform.

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

US Listed ETFs – Equity – 1 Week Inflows & Outflows

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

On-Screen Liquidity Momentum

New Launches, Filings, Closings and Changes

New Launches:

New Filings

Expense Ratio Changes

Welcome to ETFLogic’s weekly update.We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogicInsights Platform.

One Week Trends

US Listed ETFs – Equity – 1 Week Best & Worst Returns

US Listed ETFs – Fixed Income – 1 Week Best & Worst Returns

US Listed ETFs – Equity – 1 Week Inflows & Outflows

US Listed ETFs – Fixed Income – 1 Week Inflows & Outflows

On-Screen Liquidity Momentum

New Launches, Filings, Closings and Changes

New Launches:

New Filings

Welcome to ETFLogic’s weekly update.

We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogicInsights Platform.

Welcome to ETFLogic’s weekly update.

We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogic Insights Platform

Welcome to ETFLogic’s weekly update.

We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogicInsights Platform.

Welcome to ETFLogic’s weekly update.

We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogic Insights platform.

Welcome to ETFLogic’s weekly update.

We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogicInsights Platform.

Welcome to ETFLogic’s weekly update.

We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogicInsights Platform.