Core Viewpoint - The iShares MSCI ACWI Low Carbon Target ETF (CRBN) is a smart beta ETF that aims to provide broad exposure to the global market while focusing on low carbon emissions [1][5]. Fund Overview - Launched on December 8, 2014, CRBN has accumulated over $1.03 billion in assets, positioning it as one of the larger ETFs in the World ETFs category [1][5]. - The fund is sponsored by Blackrock and seeks to match the performance of the MSCI ACWI Low Carbon Target Index, which addresses carbon emissions and potential emissions from fossil fuel reserves [5]. Cost and Performance - CRBN has an annual operating expense ratio of 0.20%, making it one of the least expensive options in its category [6]. - The fund's 12-month trailing dividend yield is 1.86% [6]. - As of August 5, 2025, CRBN has returned approximately 11.36% and is up about 20.97% year-to-date [9]. Holdings and Sector Exposure - The top 10 holdings of CRBN account for about 23.1% of its total assets, with Nvidia Corp (NVDA) making up approximately 4.68% of the fund [7][8]. - The fund holds around 1020 different stocks, effectively diversifying company-specific risk [10]. Risk Profile - CRBN has a beta of 0.94 and a standard deviation of 15.70% over the trailing three-year period, indicating it is a low-risk choice within its category [10].

Core Viewpoint - The Invesco RAFI US 1500 Small-Mid ETF (PRFZ) is a smart beta ETF designed to provide broad exposure to the small-cap blend market segment, with a focus on outperforming traditional market cap weighted indexes [1][5]. Fund Overview - Launched on September 20, 2006, PRFZ has accumulated over $2.38 billion in assets, making it one of the larger ETFs in its category [1][5]. - The fund aims to match the performance of the FTSE RAFI US 1500 Small-Mid Index, which tracks small and medium-sized US companies based on fundamental measures such as book value, cash flow, sales, and dividends [5]. Cost Structure - The annual operating expenses for PRFZ are 0.34%, which is competitive within its peer group [6]. - The ETF has a 12-month trailing dividend yield of 1.23% [6]. Sector Exposure and Holdings - The Financials sector represents the largest allocation at 18.6%, followed by Industrials and Information Technology [7]. - Applovin Corp (APP) accounts for approximately 0.49% of the fund's total assets, with the top 10 holdings making up about 3.73% of total assets under management [8]. Performance Metrics - As of August 5, 2025, PRFZ has gained about 0.19% year-to-date and approximately 7.11% over the past year [10]. - The ETF has traded between $33.13 and $45.39 in the past 52 weeks, with a beta of 1.09 and a standard deviation of 21.35% over the trailing three-year period, indicating medium risk [10]. Alternatives - Other ETFs in the small-cap blend space include Vanguard Small-Cap ETF (VB) and iShares Core S&P Small-Cap ETF (IJR), which have significantly larger asset bases and lower expense ratios of 0.05% and 0.06%, respectively [12].

Making its debut on 02/03/2015, smart beta exchange traded fund ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) provides investors broad exposure to the Style Box - Mid Cap Value 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.Because market cap weighted indexes provide a low-cost, convenient, and transparent wa ...

Making its debut on 11/01/2006, smart beta exchange traded fund Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) provides investors broad exposure to the Consumer Discretionary ETFs category of the market.What Are Smart Beta ETFs?The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment.Investors who believe in market efficiency should consider market cap indexes, as they replicate market r ...

Core Insights - The Fidelity High Dividend ETF (FDVV) is a smart beta ETF launched on September 12, 2016, providing broad exposure to the Style Box - All Cap Value category of the market [1] - The fund is managed by Fidelity and has accumulated over $6.09 billion in assets, making it one of the largest ETFs in its category [5] - FDVV aims to match the performance of the Fidelity Core Dividend Index, focusing on large and mid-cap high-dividend-paying companies [5] Fund Characteristics - The ETF has an annual operating expense ratio of 0.16%, positioning it as one of the cheaper options in the market [6] - It offers a 12-month trailing dividend yield of 3.10% [6] - The fund's top three sector allocations are Information Technology (26.8%), Financials, and Consumer Staples [7] Holdings and Performance - Nvidia Corp (NVDA) constitutes approximately 6.14% of the fund's total assets, with Microsoft Corp (MSFT) and Apple Inc (AAPL) also among the top holdings [8] - The top 10 holdings represent about 32.76% of FDVV's total assets under management [8] - Year-to-date, FDVV has increased by roughly 7.98% and has risen about 13.68% over the last 12 months as of August 4, 2025 [10] Risk and Diversification - The ETF has a beta of 0.91 and a standard deviation of 14.87% over the trailing three-year period, indicating a relatively lower risk profile [10] - With around 119 holdings, FDVV effectively diversifies company-specific risk [10] Alternatives - Other ETFs in the same space include iShares U.S. Equity Factor ETF (LRGF) and iShares Core S&P U.S. Value ETF (IUSV), with LRGF having $2.65 billion in assets and IUSV at $20.8 billion [12] - LRGF has an expense ratio of 0.08% and IUSV has a 0.04% expense ratio, presenting lower-cost alternatives for investors [12]

Core Insights - The Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) is a smart beta ETF that provides broad exposure to the large-cap blend category of the market, launched on September 12, 2017 [1] Fund Overview - GSEW has accumulated over $1.29 billion in assets, making it one of the larger ETFs in its category [5] - The fund is managed by Goldman Sachs Funds and aims to match the performance of the Solactive US Large Cap Equal Weight Index, which includes approximately 500 of the largest U.S. companies [5] Cost Structure - GSEW has an annual operating expense ratio of 0.09%, making it one of the least expensive products in its space [6] - The ETF has a 12-month trailing dividend yield of 1.50% [6] Sector Exposure and Holdings - The ETF has the highest allocation in the Financials sector at about 16.5%, followed by Information Technology and Industrials [7] - Datadog Inc (DDOG) accounts for approximately 0.22% of the fund's total assets, with the top 10 holdings representing about 2.11% of total assets under management [8] Performance Metrics - GSEW has increased by roughly 6.35% year-to-date and is up approximately 13.2% over the past year as of August 4, 2025 [10] - The ETF has traded between $67.22 and $84.15 in the past 52 weeks and has a beta of 1.00 with a standard deviation of 16.55% over the trailing three-year period [10] Alternatives - Other ETFs in the large-cap blend space include SPDR S&P 500 ETF (SPY) and Vanguard S&P 500 ETF (VOO), with SPY having $644.75 billion and VOO $686.74 billion in assets [11] - SPY has an expense ratio of 0.09% while VOO charges 0.03% [11]

Launched on 04/03/2018, the iShares U.S. Infrastructure ETF (IFRA) is a smart beta exchange traded fund offering broad exposure to the Utilities/Infrastructure ETFs 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.Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating m ...

Core Insights - The Nuveen ESG Mid-Cap Growth ETF (NUMG) debuted on December 13, 2016, providing broad exposure to the mid-cap growth category of the market [1] Fund Overview - Managed by Nuveen, NUMG has accumulated over $398.5 million in assets, positioning it as an average-sized ETF in its category [5] - The fund aims to match the performance of the TIAA ESG USA Mid-Cap Growth Index, which includes equity securities from mid-cap companies listed on U.S. exchanges [5] Cost Structure - The annual operating expense ratio for NUMG is 0.31%, which is competitive with most peer products [6] - The fund has a 12-month trailing dividend yield of 0.06% [6] Sector Allocation and Holdings - The largest sector allocation for NUMG is Information Technology, comprising approximately 25.8% of the portfolio, followed by Industrials and Healthcare [7] - Quanta Services Inc. (PWR) represents about 3.97% of the fund's total assets, with the top 10 holdings accounting for approximately 33.43% of total assets under management [8] Performance Metrics - As of August 4, 2025, NUMG has increased by roughly 0.23% year-to-date and is up approximately 13.68% over the past year [10] - The fund has traded between $37.77 and $51.47 in the past 52 weeks, with a beta of 1.14 and a standard deviation of 21.33% over the trailing three-year period [10] Alternatives - Other ETFs in the mid-cap growth space include Vanguard ESG U.S. Stock ETF (ESGV) and iShares ESG Aware MSCI USA ETF (ESGU), with assets of $10.68 billion and $13.75 billion respectively [12] - ESGV has an expense ratio of 0.09%, while ESGU has an expense ratio of 0.15% [12]

Core Viewpoint - The Invesco Semiconductors ETF (PSI) offers investors exposure to the semiconductor sector through a smart beta strategy, aiming to outperform traditional market cap weighted ETFs [1][3][12]. Fund Overview - PSI was launched on June 23, 2005, and has accumulated over $699.47 million in assets, categorizing it as an average-sized ETF within the Technology ETFs [1][5]. - The fund seeks to replicate the performance of the Dynamic Semiconductor Intellidex Index, which evaluates semiconductor companies based on various investment criteria [5][6]. Cost and Expenses - PSI has an annual operating expense ratio of 0.56%, which is competitive within its peer group [7]. - The fund offers a 12-month trailing dividend yield of 0.14% [7]. Sector Exposure and Holdings - The fund is heavily weighted towards the Information Technology sector, which constitutes 97.9% of its portfolio [8]. - Key holdings include Applied Materials Inc (5.03%), Texas Instruments Inc, and Lam Research Corp, with the top 10 holdings making up approximately 46.24% of total assets [9]. Performance Metrics - Year-to-date, PSI has increased by approximately 1.5% and has risen about 11.14% over the past 12 months as of August 4, 2025 [11]. - The ETF has a beta of 1.50 and a standard deviation of 36.67% over the trailing three-year period, indicating higher risk compared to peers [11]. Alternatives - Other ETFs in the semiconductor space include iShares Semiconductor ETF (SOXX) and VanEck Semiconductor ETF (SMH), with assets of $13.11 billion and $26.21 billion respectively [13]. - SOXX and SMH both have lower expense ratios of 0.35%, appealing to investors seeking cost-effective options [13].

Core Insights - The iShares Semiconductor ETF (SOXX) is a smart beta ETF launched on July 10, 2001, designed to provide broad exposure to the Technology ETFs category [1] - The fund is managed by Blackrock and has amassed over $13.39 billion in assets, making it one of the largest ETFs in the Technology sector [5] - SOXX seeks to match the performance of the PHLX SOX Semiconductor Sector Index, which measures U.S. traded securities in the semiconductor business [5] Fund Characteristics - SOXX has an annual operating expense ratio of 0.35%, making it one of the least expensive products in its category [6] - The ETF has a 12-month trailing dividend yield of 0.69% [6] - The fund has a concentrated exposure with about 35 holdings, which is more than its peers [10] Sector Exposure and Holdings - The ETF is fully allocated in the Information Technology sector, accounting for approximately 100% of the portfolio [7] - Advanced Micro Devices Inc (AMD) represents about 8.33% of the fund's total assets, with Nvidia Corp (NVDA) and Broadcom Inc (AVGO) also being significant holdings [8] - The top 10 holdings make up approximately 57.85% of SOXX's total assets under management [8] Performance Metrics - The ETF has a return of roughly 11.73% and has increased by about 2.68% year-to-date as of August 1, 2025 [9] - SOXX has traded between $154.86 and $247.95 over the last 52 weeks [9] - The fund has a beta of 1.46 and a standard deviation of 35.68% for the trailing three-year period, indicating a high-risk profile [10] Alternatives - Other ETFs in the semiconductor space include SPDR S&P Semiconductor ETF (XSD) and VanEck Semiconductor ETF (SMH), with assets of $1.29 billion and $26.69 billion respectively [12] - Both XSD and SMH have an expense ratio of 0.35% [12] - Traditional market cap weighted ETFs may offer cheaper and lower-risk options for investors [12]