Core Insights - The iShares MSCI USA Quality GARP ETF (GARP) was launched on January 14, 2020, and offers broad exposure to the Style Box - All Cap Growth category of the market [1] Fund Overview - GARP is managed by Blackrock and has accumulated over $625.49 million in assets, making it an average-sized ETF in its category [5] - The fund aims to match the performance of the MSCI USA Quality GARP Select Index, which consists of U.S. large and mid-cap growth stocks with favorable value and quality characteristics [5] Cost Structure - GARP has an annual operating expense ratio of 0.15%, making it one of the least expensive products in the smart beta ETF space [6] - The fund has a 12-month trailing dividend yield of 0.38% [6] Sector Allocation and Holdings - The Information Technology sector represents 47.3% of GARP's portfolio, followed by Consumer Discretionary and Financials [7] - Nvidia Corp (NVDA) accounts for approximately 5.71% of the fund's total assets, with the top 10 holdings making up about 40.72% of total assets under management [8] Performance Metrics - As of August 25, 2025, GARP has increased by roughly 10.42% year-to-date and is up approximately 20.72% over the past year [10] - The fund has traded between $45.13 and $62.54 in the past 52 weeks, with a beta of 1.14 and a standard deviation of 24.65% over the trailing three-year period [10] Alternatives - Other ETFs in the same space include iShares Morningstar Growth ETF (ILCG) and iShares Core S&P U.S. Growth ETF (IUSG), with assets of $2.94 billion and $24.34 billion respectively [12] - Both ILCG and IUSG have an expense ratio of 0.04%, presenting lower-cost options for investors [12]

Core Insights - The Invesco RAFI Developed Markets ex-U.S. ETF (PXF) is a smart beta ETF that provides broad exposure to the Foreign Large Value ETF category, launched on June 25, 2007 [1] Fund Overview - PXF is managed by Invesco and has accumulated over $2.16 billion in assets, making it one of the larger ETFs in its category [5] - The ETF aims to match the performance of the FTSE RAFI Developed ex-U.S. Index, which tracks large developed market equities based on fundamental measures such as book value, cash flow, sales, and dividends [5] Cost Structure - PXF has an annual operating expense ratio of 0.43%, which is competitive within its peer group [6] - The ETF offers a 12-month trailing dividend yield of 3.01% [6] Holdings and Sector Exposure - PXF's top holdings include Shell Plc (2.11% of total assets), Samsung Electronics Co Ltd, and Totalenergies Se [7] - The top 10 holdings account for approximately 11.29% of the total assets under management [8] Performance Metrics - The ETF has returned approximately 30.26% and is up about 24.57% year-to-date as of August 25, 2025 [9] - PXF has traded between $46.22 and $61.20 over the past 52 weeks [9] Risk Assessment - PXF has a beta of 0.82 and a standard deviation of 15.70% over the trailing three-year period, indicating a medium risk profile [10] - The fund holds about 1,147 securities, providing effective diversification against company-specific risks [10] Alternatives - Other ETFs in the Foreign Large Value segment include Vanguard International High Dividend Yield ETF (VYMI) and Schwab Fundamental International Equity ETF (FNDF), with assets of $12.01 billion and $17.59 billion respectively [12] - VYMI has a lower expense ratio of 0.17%, while FNDF charges 0.25% [12]

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]

Group 1: Core Insights - The Schwab Fundamental International Equity ETF (FNDF) is a smart beta ETF that provides broad exposure to the Foreign Large Value ETF category, having debuted on 08/13/2013 [1] - FNDF is managed by Charles Schwab and has accumulated over $17.26 billion in assets, making it the largest ETF in its category [5] - The fund aims to replicate the performance of the Russell RAFI Developed ex US Large Co. Index (Net) before fees and expenses [5] Group 2: Cost and Performance - FNDF has an annual operating expense ratio of 0.25%, positioning it as one of the cheaper options in the ETF space [6] - The fund has a 12-month trailing dividend yield of 2.91% [6] - As of 08/22/2025, FNDF has increased by approximately 27.41% year-to-date and 18.74% over the past year, with a trading range between $32.25 and $42.27 in the last 52 weeks [9] Group 3: Holdings and Risk - FNDF's top holdings include Shell Plc (2.28% of total assets), Samsung Electronics Ltd, and Totalenergies (TTE), with the top 10 holdings accounting for about 11.8% of total assets [7][8] - The fund has a beta of 0.78 and a standard deviation of 15.58% over the trailing three-year period, indicating a medium risk profile [10] - FNDF consists of approximately 947 holdings, effectively diversifying company-specific risk [10] Group 4: Alternatives - Other ETFs in the Foreign Large Value segment include iShares International Select Dividend ETF (IDV) and Vanguard International High Dividend Yield ETF (VYMI), with assets of $5.79 billion and $11.85 billion respectively [12] - IDV has an expense ratio of 0.49%, while VYMI has a lower expense ratio of 0.17% [12]

Core Insights - The iShares Emerging Markets Equity Factor ETF (EMGF) is designed to provide broad exposure to the emerging markets category and was launched on December 8, 2015 [1] - The fund is managed by Blackrock and has accumulated over $939.89 million in assets, making it one of the larger ETFs in the Broad Emerging Market ETFs category [5] - EMGF seeks to match the performance of the MSCI Emerging Markets Diversified Multiple-Factor Index [5] Investment Strategy - Smart beta ETFs, like EMGF, aim to outperform traditional market cap weighted indexes by selecting stocks based on specific fundamental characteristics [3][4] - The fund employs a non-cap weighted strategy to enhance risk-return performance [3] Cost and Performance - EMGF has an annual operating expense ratio of 0.26%, positioning it as one of the cheaper options in the market [7] - The ETF has a 12-month trailing dividend yield of 3.35% [7] - Year-to-date, EMGF has increased by approximately 19.39% and has risen by about 16.63% over the past year [10] Holdings and Diversification - The top 10 holdings of EMGF account for about 25.08% of its total assets, with Taiwan Semiconductor Manufacturing being the largest at approximately 9.65% [8][9] - The ETF holds around 597 stocks, which helps to effectively diversify company-specific risk [11] Alternatives - Other ETFs in the emerging markets space include Vanguard FTSE Emerging Markets ETF (VWO) and iShares Core MSCI Emerging Markets ETF (IEMG), which have significantly larger asset bases of $95.96 billion and $101.31 billion respectively [13] - VWO has a lower expense ratio of 0.07% while IEMG charges 0.09% [13]

Core Insights - The WisdomTree U.S. MidCap ETF (EZM) is designed to provide broad exposure to the Mid Cap Value category and was launched on February 23, 2007 [1] - The ETF industry has traditionally been dominated by market cap weighted indexes, but there is a growing interest in smart beta strategies that aim to outperform the market through stock selection [2][3] - Smart beta ETFs utilize non-cap weighted strategies based on fundamental characteristics to enhance risk-return performance [3][4] Fund Overview - The WisdomTree U.S. MidCap ETF is sponsored by WisdomTree and has assets exceeding $795.22 million, positioning it as an average-sized ETF in its category [5] - The ETF seeks to match the performance of the WisdomTree U.S. MidCap Earnings Index, which focuses on earnings-generating mid-cap companies [5] Cost Structure - The annual operating expense ratio for the ETF is 0.38%, which is competitive within its peer group [6] - The ETF has a 12-month trailing dividend yield of 1.29% [6] Holdings and Sector Exposure - The fund's total assets are primarily in U.S. dollars, with significant holdings in Fox Corp - Class A (FOXA) and Aptiv Holdings Ltd (APTV) [7] - The top 10 holdings account for approximately 107.03% of total assets under management, indicating a concentrated investment strategy [8] Performance Metrics - Year-to-date, the ETF has gained about 3.77%, and it has increased approximately 9.17% over the last 12 months as of August 21, 2025 [9] - The ETF has traded between $51.81 and $68.19 in the past 52 weeks [9] - With a beta of 1.07 and a standard deviation of 20.65% over the trailing three years, the fund is classified as a medium risk option [10] Alternatives - The WisdomTree U.S. MidCap ETF is a viable choice for investors looking to outperform the Mid Cap Value segment, but alternatives like iShares Russell Mid-Cap Value ETF (IWS) and Vanguard Mid-Cap Value ETF (VOE) are also available [11][12] - IWS has $13.76 billion in assets and an expense ratio of 0.23%, while VOE has $18.64 billion in assets with a 0.07% expense ratio [12]

Core Insights - The First Trust Dow Jones Global Select Dividend ETF (FGD) is a smart beta ETF launched on November 21, 2007, providing broad exposure to the Foreign Large Value ETF category [1] - The ETF aims to match the performance of the Dow Jones Global Select Dividend Index, which is a dividend yield weighted index of 100 stocks from developed markets [5] Fund Overview - FGD has accumulated assets of over $862.53 million, positioning it as an average-sized ETF within its category [5] - The fund's annual operating expenses are 0.56%, which is competitive with peer products [6] - The ETF has a trailing 12-month dividend yield of 4.64% [6] Performance Metrics - Year-to-date, FGD has increased by approximately 32.41%, and it has risen about 27.32% over the last 12 months as of August 21, 2025 [9] - The ETF has traded between $21.80 and $29.06 in the past 52 weeks [9] - FGD has a beta of 0.76 and a standard deviation of 14.83% over the trailing three-year period, indicating it is a low-risk investment [10] Holdings and Sector Exposure - The top 10 holdings of FGD account for about 16.52% of total assets, with Spark New Zealand Limited being the largest holding at approximately 1.97% [7][8] - The ETF holds around 105 different stocks, effectively diversifying company-specific risk [10] Alternatives - Other ETFs in the Foreign Large Value segment include the Vanguard International High Dividend Yield ETF (VYMI) and the Schwab Fundamental International Equity ETF (FNDF), which have significantly larger asset bases of $11.88 billion and $17.35 billion, respectively [12] - VYMI has a lower expense ratio of 0.17%, while FNDF charges 0.25% [12]