Core Insights - The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is designed to provide broad exposure to the Style Box - All Cap Blend category and was launched on April 8, 2022 [1] Fund Overview - PABU is sponsored by Blackrock and has accumulated over $2.2 billion in assets, making it one of the larger ETFs in its category [5] - The fund aims to match the performance of the MSCI USA Climate Paris Aligned Benchmark Extended Select Index, which focuses on U.S. large and mid-cap stocks aligned with the Paris Agreement [6] Cost and Performance - PABU has an annual operating expense ratio of 0.10% and a 12-month trailing dividend yield of 0.98% [7] - The ETF has gained approximately 4.69% year-to-date and about 13% over the past year, with a trading range between $53.19 and $67.84 in the last 52 weeks [10] Sector Exposure and Holdings - The largest sector allocation for PABU is Information Technology, comprising about 39.5% of the portfolio, followed by Financials and Healthcare [8] - Nvidia Corp (NVDA) is the top holding at approximately 8.69% of total assets, with the top 10 holdings accounting for about 42.51% of total assets under management [9] Alternatives - Other ETFs in the space include Vanguard ESG U.S. Stock ETF (ESGV) and iShares ESG Aware MSCI USA ETF (ESGU), with assets of $10.8 billion and $13.9 billion respectively [12]

Companies that fall in the large cap category tend to have a market capitalization above $10 billion. Considered a more stable option, large cap companies boast more predictable cash flows and are less volatile than their mid and small cap counterparts. Value stocks have lower than average price-to-earnings and price-to-book ratios. They also have lower than average sales and earnings growth rates. While value stocks have outperformed growth stocks in nearly all markets when you consider long-term performan ...

Group 1 - The China Securities 2000 Index (562660) has increased by 0.80%, with notable gains from stocks such as Guanlong Energy (+20.00%) and Deepwater Planning Institute (+20.00%) [1] - The China Securities 2000 ETF (562660) has risen by 1.31%, reaching a latest price of 1.47 yuan, with a trading volume of 518.24 million yuan and a turnover rate of 2.23% [1] - The latest scale of the China Securities 2000 ETF (562660) has reached 231 million yuan, marking a one-year high [1] Group 2 - The project "First Breakthrough of High-Temperature Gas-Cooled Reactor Main Equipment Forging" led by Shanghai Electric has successfully passed expert review, addressing high-performance requirements for main equipment forgings [2] - A series of policies aimed at expanding domestic demand and promoting consumption have been introduced, enhancing market vitality [2] - CITIC Securities suggests that the A-share market is transitioning to an incremental market, with a focus on sectors that can create consensus among investors post mid-year report season [2] Group 3 - The China Securities 2000 ETF closely tracks the China Securities 2000 Index, which selects 2000 small-cap stocks with high liquidity, presenting a complementary style to large and mid-cap indices [3] - The index emphasizes "specialized, refined, distinctive, and innovative" companies, with a high proportion of emerging industries such as machinery, electronics, and biomedicine, indicating significant growth potential [3] - The top ten constituent stocks account for less than 2% of the total weight, highlighting a notable risk diversification advantage [3]

Core Viewpoint - The S&P 500 index has become increasingly concentrated, particularly due to the rising valuations of megacap tech companies, which raises concerns about its performance and risk exposure [2][4]. Group 1: Concentration of the S&P 500 - The top three holdings in the S&P 500—Apple, Microsoft, and Nvidia—account for over 18% of the index, while the top 10 holdings make up over 34% [4]. - The concentration issue is significant as it can lead to increased volatility and risk, especially if the tech sector experiences a downturn [2][4]. Group 2: Equal-Weighted S&P 500 ETF - The Invesco S&P 500 Equal Weight ETF allows for a more balanced investment approach by giving equal weight to all companies in the index, reducing reliance on the performance of megacap tech stocks [5][6]. - In the equal-weight ETF, the top 10 holdings account for just over 2% of the index performance, compared to over a third in the standard S&P 500 [6]. Group 3: Performance Comparison - Over the past decade, the S&P 500 has increased by 198%, while the equal-weight ETF has risen approximately 127% [7]. - Despite the S&P 500's strong performance, the equal-weight ETF has outperformed the S&P 500 since its inception in April 2003, highlighting the benefits of diversification [7][9]. Group 4: Portfolio Management - Investors should be mindful of the concentration in their portfolios, particularly in the tech sector, and consider diversifying with stocks and ETFs from other sectors [10][11]. - A $2,000 investment in the equal-weight ETF could be a prudent choice in the current uncertain market environment [12].

Core Insights - The First Trust Energy AlphaDEX ETF (FXN) is a smart beta ETF that provides broad exposure to the Energy sector, having debuted on May 8, 2007 [1] - The ETF industry has been traditionally dominated by market capitalization weighted indexes, but smart beta strategies aim to outperform through stock selection based on fundamental characteristics [2][3] - FXN is sponsored by First Trust Advisors and has assets totaling approximately $278.76 million, positioning it as an average-sized ETF in the Energy category [5] Fund Structure and Strategy - FXN seeks to match the performance of the StrataQuant Energy Index, which is a modified equal-dollar weighted index designed to identify stocks from the Russell 1000 Index that may generate positive alpha [6] - The fund has an annual operating expense ratio of 0.61% and a 12-month trailing dividend yield of 2.92%, which is competitive within its peer group [7] Sector Exposure and Holdings - The fund has a significant allocation to the Energy sector, representing 93.5% of its portfolio [8] - First Solar, Inc. (FSLR) is the largest holding at approximately 5.8%, with the top 10 holdings accounting for about 41.17% of total assets [9] Performance Metrics - Year-to-date, FXN has experienced a loss of approximately -3.71%, and over the last 12 months, it is down about -14.12% as of July 18, 2025 [11] - The fund has a beta of 0.90 and a standard deviation of 28.29% over the trailing three-year period, indicating a higher risk profile compared to peers [11] Alternatives in the Market - For investors seeking to outperform the Energy ETFs segment, alternatives such as the Vanguard Energy ETF (VDE) and the Energy Select Sector SPDR ETF (XLE) are available, with VDE having $7.15 billion in assets and XLE at $27.57 billion [13] - VDE and XLE have lower expense ratios of 0.09% and 0.08% respectively, making them more attractive options for cost-conscious investors [13]

Core Viewpoint - The Vanguard Large-Cap ETF (VV) is a significant player in the Large Cap Blend segment of the US equity market, with over $43.08 billion in assets, making it one of the largest ETFs in this category [1]. Group 1: Fund Overview - The Vanguard Large-Cap ETF was launched on January 27, 2004, and is passively managed [1]. - It targets companies with a market capitalization above $10 billion, which are generally stable and less volatile compared to mid and small cap companies [2]. Group 2: Costs and Performance - The ETF has an annual operating expense ratio of 0.04%, positioning it as one of the least expensive options in the market [3]. - It has a 12-month trailing dividend yield of 1.17% [3]. - As of July 18, 2025, the ETF has gained approximately 8.15% year-to-date and 14.79% over the past year, with a trading range between $228.25 and $289.94 in the last 52 weeks [6]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation of about 34% to the Information Technology sector, followed by Financials and Consumer Discretionary [4]. - Major holdings include Microsoft Corp (MSFT) at 6.80% of total assets, along with Nvidia Corp (NVDA) and Apple Inc (AAPL) [5]. Group 4: Risk Profile - The ETF aims to match the performance of the CRSP US Large Cap Index, which includes the top 85% of investable market capitalization in the US [6]. - It has a beta of 1.01 and a standard deviation of 17.25% over the trailing three-year period, indicating a medium risk profile [7]. Group 5: Alternatives - The Vanguard Large-Cap ETF holds a Zacks ETF Rank of 2 (Buy), indicating strong expected performance based on various factors [8]. - Other comparable ETFs include the SPDR S&P 500 ETF (SPY) with $642.71 billion in assets and the Vanguard S&P 500 ETF (VOO) with $693.52 billion [9].

Core Viewpoint - The First Trust Capital Strength ETF (FTCS) is a significant player in the Large Cap Blend segment of the US equity market, with over $8.36 billion in assets, making it one of the largest ETFs in this category [1] Group 1: ETF Overview - FTCS is a passively managed ETF launched on July 6, 2006, sponsored by First Trust Advisors [1] - The ETF targets companies with a market capitalization above $10 billion, typically offering more stability and reliable cash flows compared to mid and small cap companies [2] Group 2: Costs and Performance - The annual operating expense ratio for FTCS is 0.52%, which is competitive within its peer group, and it has a 12-month trailing dividend yield of 1.22% [3] - FTCS has achieved a return of approximately 4.12% year-to-date and 6.13% over the past year, with a trading range between $81.60 and $94.03 in the last 52 weeks [7] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Industrials sector, comprising about 23.90% of its portfolio, followed by Financials and Consumer Staples [4] - Microsoft Corporation (MSFT) is the largest holding at approximately 2.45% of total assets, with the top 10 holdings accounting for about 22.34% of total assets under management [5] Group 4: Risk and Alternatives - FTCS aims to match the performance of The Capital Strength Index, which focuses on well-capitalized companies with strong market positions [6] - The ETF has a beta of 0.80 and a standard deviation of 12.98% over the trailing three-year period, indicating a medium risk profile [7] - FTCS holds a Zacks ETF Rank of 3 (Hold), suggesting it is a viable option for investors seeking exposure to the Large Cap Blend market segment [8]

Market Performance - The Saudi stock market index closed down by 0.29% at 11,006.98 points on July 17, marking a cumulative decline of 2.39% for the week, ending a three-week upward trend [1] - Saudi Aramco (ARAMCO.AB) fell by 1.11% to 24.10 Saudi Riyals, with a weekly decline of 3.75% [1] ETF Performance - The Albilad Southern East MSCI Hong Kong China Stocks ETF listed in Saudi Arabia rose by 1.39% to 11.71 Saudi Riyals, breaking the previous closing high of 11.47 Riyals on June 12, and achieving a cumulative weekly increase of 3.90% [1]

Core Viewpoint - The First Trust Mid Cap Value AlphaDEX ETF (FNK) offers investors exposure to the mid-cap value segment of the market, utilizing a smart beta strategy to potentially outperform traditional market cap weighted indexes [1][5]. Fund Overview - FNK was launched on April 19, 2011, and is managed by First Trust Advisors, accumulating over $202.57 million in assets, categorizing it as one of the smaller ETFs in its segment [1][5]. - The ETF aims to match the performance of the Nasdaq AlphaDEX Mid Cap Value Index, which employs a stock selection methodology based on fundamental characteristics [5]. Cost Structure - FNK has an annual operating expense ratio of 0.70%, making it one of the more expensive options in the mid-cap value ETF space [6]. - The fund offers a 12-month trailing dividend yield of 1.74% [6]. Sector Exposure and Holdings - The ETF has a significant allocation in the Consumer Discretionary sector, comprising approximately 21.9% of the portfolio, followed by Financials and Industrials [7]. - Riot Platforms, Inc. (RIOT) is the largest individual holding at about 1.07% of total assets, with the top 10 holdings accounting for approximately 8.98% of total assets under management [8]. Performance Metrics - As of July 17, 2025, FNK has experienced a loss of about -1.07% year-to-date and -2.35% over the past year [10]. - The fund has traded between $43.24 and $58.28 in the last 52 weeks, with a beta of 1.06 and a standard deviation of 22.04% over the trailing three-year period, indicating medium risk [10]. Alternatives - Other ETFs in the mid-cap value space include iShares Russell Mid-Cap Value ETF (IWS) and Vanguard Mid-Cap Value ETF (VOE), which have significantly larger asset bases of $13.43 billion and $17.97 billion, respectively, and lower expense ratios of 0.23% and 0.07% [12].

Core Viewpoint - The Fidelity Value Factor ETF (FVAL) is a smart beta ETF designed to provide broad exposure to the large-cap value segment of the market, with a focus on stocks that exhibit attractive valuations [1][5]. Fund Overview - FVAL was launched on September 12, 2016, and is managed by Fidelity [1]. - The ETF has accumulated assets of over $977.06 million, positioning it as an average-sized ETF within its category [5]. - FVAL aims to match the performance of the Fidelity U.S. Value Factor Index, which includes large and mid-cap U.S. companies with appealing valuations [5]. Cost Structure - The annual operating expenses for FVAL are 0.16%, making it one of the more affordable options in the smart beta ETF space [6]. - The ETF has a 12-month trailing dividend yield of 1.55% [6]. Sector Exposure and Holdings - FVAL's largest sector allocation is in Information Technology, comprising approximately 32.1% of the portfolio, followed by Financials and Consumer Discretionary [7]. - Microsoft Corp (MSFT) is the largest holding at about 7.22% of total assets, with Nvidia Corp (NVDA) and Apple Inc (AAPL) also among the top holdings [8]. - The top 10 holdings represent around 38.51% of the total assets under management [8]. Performance Metrics - As of July 17, 2025, FVAL has a return of approximately 5.29% and has increased by about 8.92% year-to-date [9]. - The ETF has traded within a range of $52.80 to $65.00 over the past 52 weeks [9]. - FVAL has a beta of 0.96 and a standard deviation of 16.58% over the trailing three-year period, indicating effective diversification of company-specific risk with around 130 holdings [10]. Alternatives - While FVAL is a viable option for investors looking to outperform the large-cap value segment, alternatives such as Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Value ETF (VTV) are also available [11]. - SCHD has $70.27 billion in assets and an expense ratio of 0.06%, while VTV has $138.73 billion in assets with an expense ratio of 0.04% [12].