A smart beta exchange traded fund, the iShares Select Dividend ETF (DVY) debuted on 11/03/2003, and offers broad exposure to the Style Box - Large Cap Value category of the market.What Are Smart Beta ETFs?Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a ...

Core Insights - The Nuveen ESG Mid-Cap Value ETF (NUMV) offers broad exposure to the mid-cap value segment of the market and debuted on December 13, 2016 [1] - NUMV is managed by Nuveen and aims to match the performance of the TIAA ESG USA Mid-Cap Value Index [5] - The ETF has accumulated over $396.66 million in assets, making it an average-sized fund in its category [5] Fund Characteristics - NUMV has an annual operating expense ratio of 0.31%, which is competitive within its peer group [6] - The fund's 12-month trailing dividend yield is 1.65% [6] - The largest sector allocation is to Industrials at 18.4%, followed by Financials and Real Estate [7] Holdings and Performance - United Rentals Inc. (URI) is the largest individual holding at 2.42% of total assets, with the top 10 holdings comprising 20.07% of total assets [8] - Year-to-date, NUMV has gained approximately 9.53%, and it is up about 8.32% over the last 12 months as of August 26, 2025 [10] - The ETF has a beta of 0.99 and a standard deviation of 17.37% over the trailing three-year period, indicating effective diversification [10] Alternatives - Other ETFs in the mid-cap value space include Vanguard ESG U.S. Stock ETF (ESGV) and iShares ESG Aware MSCI USA ETF (ESGU), which have significantly larger assets of $11.1 billion and $14.22 billion respectively [12] - ESGV has a lower expense ratio of 0.09%, while ESGU has an expense ratio of 0.15% [12]

Core Insights - The Hartford Multifactor Developed Markets (ex-US) ETF (RODM) debuted on February 25, 2015, and provides broad exposure to the Foreign Large Value ETF category [1] Fund Overview - RODM has accumulated over $1.22 billion in assets, making it one of the larger ETFs in the Foreign Large Value category [5] - The fund is managed by Hartfordfunds and aims to match the performance of the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index [5] - The index seeks to reduce concentration risks related to country, currency, and individual companies in developed markets outside the US [5] Cost Structure - RODM has an annual operating expense ratio of 0.29%, making it one of the cheaper options in its category [6] - The fund offers a 12-month trailing dividend yield of 3.44% [6] Holdings and Sector Exposure - The top holding, Orange Common Stock Eur4.0 (ORA), constitutes approximately 1.12% of the fund's total assets, followed by Heidelberg Materials Ag Common Stock (HEI) and Fairfax Financial Hldgs Ltd Common Stock (FFH) [7] - The top 10 holdings account for about 10.1% of total assets under management [8] Performance Metrics - As of August 26, 2025, RODM has increased by approximately 26.23% and is up about 21.41% year-to-date [9] - The ETF has traded between $28.07 and $35.70 over the past 52 weeks [9] - RODM has a beta of 0.71 and a standard deviation of 13.47% over the trailing three-year period, indicating a medium risk profile [10] Alternatives and Market Position - RODM is positioned as a viable option for investors looking to outperform the Foreign Large Value ETF segment [11] - Other ETFs in the space include Vanguard International High Dividend Yield ETF (VYMI) with $11.87 billion in assets and Schwab Fundamental International Equity ETF (FNDF) with $17.37 billion [12] - VYMI has an expense ratio of 0.17%, while FNDF has an expense ratio of 0.25% [12]

Core Insights - The First Trust Financials AlphaDEX ETF (FXO) is a smart beta ETF launched on 05/08/2007, providing broad exposure to the Financials sector [1] - FXO aims to outperform traditional passive indices by utilizing the AlphaDEX screening methodology to select stocks from the Russell 1000 Index [6] Fund Overview - Managed by First Trust Advisors, FXO has accumulated over $2.25 billion in assets, positioning it among the larger ETFs in the Financials category [5] - The fund's annual operating expenses are 0.61%, which is competitive within its peer group, and it has a 12-month trailing dividend yield of 1.87% [7] Sector Exposure and Holdings - FXO has a significant allocation in the Financials sector, comprising approximately 99.7% of its portfolio [8] - The top holdings include Bank Ozk (1.68% of total assets), Invesco Ltd., and Interactive Brokers Group, with the top 10 holdings accounting for about 16.07% of total assets [9] Performance Metrics - Year-to-date, FXO has returned approximately 10.08%, and it has increased by about 21.33% over the last 12 months as of 08/25/2025 [11] - The fund has a beta of 1.02 and a standard deviation of 22.53% over the trailing three-year period, indicating a medium risk profile [11] Alternatives - Other ETFs in the Financials space include Vanguard Financials ETF (VFH) and Financial Select Sector SPDR ETF (XLF), with VFH having $12.88 billion in assets and XLF at $52.3 billion [13] - VFH and XLF have lower expense ratios of 0.09% and 0.08% respectively, making them attractive alternatives for cost-conscious investors [13]

Launched on 01/14/2020, the iShares MSCI USA Quality GARP ETF (GARP) is a smart beta exchange traded fund offering broad exposure to the Style Box - All Cap Growth category of the market.What Are Smart Beta ETFs?The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market.Investors who believe in market efficiency should consider market cap indexes, as they replicate market return ...

The Invesco RAFI Developed Markets ex-U.S. ETF (PXF) made its debut on 06/25/2007, and is a smart beta exchange traded fund that provides broad exposure to the Foreign Large Value ETF category of the market.What Are Smart Beta ETFs?Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.Market cap weighted indexes offer a low-cost, convenient, and transparent way of repl ...

Core Insights - The First Trust Large Cap Core AlphaDEX ETF (FEX) is a smart beta ETF launched on 05/08/2007, providing broad exposure to the Style Box - Large Cap Blend category [1] - The ETF has amassed assets over $1.36 billion, making it one of the larger ETFs in its category [5] - The fund seeks to match the performance of the Nasdaq AlphaDEX Large Cap Core Index, which employs the AlphaDEX stock selection methodology [5] Fund Characteristics - FEX has annual operating expenses of 0.58% and a 12-month trailing dividend yield of 1.16% [6] - The fund's heaviest allocation is to the Financials sector at 22.4%, followed by Information Technology and Industrials [7] - Top holdings include Robinhood Markets, Inc. (0.92%), Carvana Co., and Western Digital Corporation, with the top 10 holdings accounting for approximately 6.34% of total assets [8] Performance Metrics - The ETF has gained about 10.91% and is up roughly 15.94% year-to-date as of 08/25/2025 [10] - FEX has traded between $90.17 and $115.10 over the last 52 weeks, with a beta of 0.98 and a standard deviation of 16.45% for the trailing three-year period [10] - The fund effectively diversifies company-specific risk with about 377 holdings [10] Alternatives - Other ETFs in the same space include iShares Core S&P 500 ETF (IVV) and Vanguard S&P 500 ETF (VOO), with assets of $660.8 billion and $725.36 billion respectively [11] - Both IVV and VOO have a lower expense ratio of 0.03% [11]

Core Insights - The WisdomTree U.S. SmallCap Quality Dividend Growth ETF (DGRS) is designed to provide broad exposure to the small-cap blend market segment and was launched on July 25, 2013 [1] - DGRS has accumulated over $366.14 million in assets, positioning it as an average-sized ETF within its category [5] - The ETF seeks to match the performance of the WisdomTree U.S. SmallCap Quality Dividend Growth Index, which focuses on small-cap dividend-paying stocks with growth characteristics [5] Fund Characteristics - DGRS has an annual operating expense ratio of 0.38%, which is competitive within its peer group [6] - The ETF offers a 12-month trailing dividend yield of 2.57% [6] - The fund's top 10 holdings account for approximately 115.61% of its total assets under management, indicating a concentrated investment strategy [8] Performance Metrics - As of August 22, 2025, DGRS has experienced a year-to-date loss of approximately -2.82% but is up about 1.16% over the past year [9] - The ETF has traded between $40.64 and $56.61 in the last 52 weeks [9] - DGRS has a beta of 1.06 and a standard deviation of 20.94% over the trailing three-year period, categorizing it as a medium-risk investment [10] Alternatives and Market Position - DGRS is positioned as a reasonable option for investors looking to outperform the small-cap blend segment, but there are alternative ETFs available [11] - Notable alternatives include iShares Core Dividend Growth ETF (DGRO) with $33.27 billion in assets and Vanguard Dividend Appreciation ETF (VIG) with $94.44 billion [12] - DGRO has a lower expense ratio of 0.08%, while VIG has an expense ratio of 0.05%, making them potentially more attractive options for cost-conscious investors [12]

Core Insights - The Invesco High Yield Equity Dividend Achievers ETF (PEY) offers broad exposure to the Style Box - All Cap Value category, with a focus on dividend yield and consistent growth in dividends [1][5] - PEY has accumulated over $1.12 billion in assets, making it one of the largest ETFs in its category [5] - The fund has a 12-month trailing dividend yield of 4.57% and an annual operating expense ratio of 0.53% [6] Fund Characteristics - PEY seeks to match the performance of the NASDAQ US Dividend Achievers 50 Index, which consists of 50 stocks selected based on dividend yield [5] - The ETF has a significant allocation in the Financials sector, comprising approximately 23.9% of the portfolio, followed by Utilities and Consumer Staples [7] - The top 10 holdings account for about 28.89% of total assets, with Lyondellbasell Industries Nv (LYB) being the largest individual holding at 3.94% [8] Performance Metrics - Year-to-date, PEY has increased by roughly 2.11%, and it is up approximately 3.88% over the last 12 months as of August 22, 2025 [9] - The fund has a beta of 0.73 and a standard deviation of 17.33% over the trailing three-year period, indicating a medium risk profile [9] Alternatives - Other ETFs in the same space include Fidelity High Dividend ETF (FDVV) and iShares Core S&P U.S. Value ETF (IUSV), which have larger asset bases and lower expense ratios [11] - Investors may consider traditional market cap weighted ETFs for potentially lower-risk options that aim to match returns in the Style Box - All Cap Value segment [11]

Core Insights - The SPDR S&P Software & Services ETF (XSW) is designed to provide broad exposure to the Technology ETFs category, launched on September 28, 2011 [1] - XSW is managed by State Street Investment Management and has accumulated over $470.81 million in assets, positioning it as an average-sized ETF in the Technology sector [5] - The ETF seeks to match the performance of the S&P Software & Services Select Industry Index, which represents the software sub-industry of the S&P Total Stock Market Index [6] Fund Characteristics - XSW has an annual operating expense ratio of 0.35%, making it one of the least expensive options in its category [7] - The ETF has a 12-month trailing dividend yield of 0.06% [7] - The portfolio is heavily weighted in the Information Technology sector, comprising approximately 96.7% of total assets [8] Holdings and Performance - Bigbear.ai Holdings Inc (BBAI) constitutes about 1.34% of total assets, with the top 10 holdings accounting for approximately 9.46% of total assets under management [9] - As of August 22, 2025, XSW has experienced a year-to-date loss of about -3.57% but is up approximately 17.09% over the past year [10] - The ETF has a beta of 1.18 and a standard deviation of 26.49% over the trailing three-year period, indicating a higher risk profile [10] Alternatives and Market Position - XSW is positioned as a strong option for investors looking to outperform the Technology ETFs segment [11] - Other ETFs in the space include Invesco AI and Next Gen Software ETF (IGPT) with $505.21 million in assets and iShares Expanded Tech-Software Sector ETF (IGV) with $9.5 billion in assets [12] - IGPT has an expense ratio of 0.58%, while IGV charges 0.41% [12]