Core Insights - The SoFi Select 500 ETF (SFY) offers broad exposure to the Style Box - Large Cap Growth category, making its debut on April 11, 2019 [1] - SFY is designed for investors looking to outperform the market through stock selection, utilizing non-cap weighted strategies based on fundamental characteristics [3][4] - The fund is managed by Sofi and has accumulated over $516.29 million in assets, aiming to match the performance of the SOLACTIVE SOFI US 500 GROWTH INDEX [5][6] Fund Details - SFY has an annual operating expense ratio of 0.05%, positioning it as one of the least expensive ETFs in its category, with a 12-month trailing dividend yield of 0.54% [7] - The ETF has a significant allocation in the Information Technology sector, comprising about 39% of the portfolio, with top holdings including Nvidia Corp (13.32%), Microsoft Corp, and Amazon.com Inc [8][9] Performance Metrics - As of July 24, 2025, SFY has increased by approximately 12.34% year-to-date and 21.73% over the past year, with a trading range between $90.76 and $121.62 in the last 52 weeks [10] - The ETF has a beta of 1.07 and a standard deviation of 18.94% over the trailing three-year period, indicating effective diversification with around 504 holdings [10] Competitive Landscape - SFY is positioned as a strong option for investors seeking to outperform the Style Box - Large Cap Growth segment, with alternatives like Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ) also available [11] - VUG has $179.85 billion in assets and an expense ratio of 0.04%, while QQQ has $358.67 billion in assets with a 0.20% expense ratio [11]

Core Insights - The Global X U.S. Infrastructure Development ETF (PAVE) is designed to provide broad exposure to the Utilities - Infrastructure segment of the equity market and was launched on March 6, 2017 [1] - PAVE has amassed over $9.12 billion in assets, making it one of the largest ETFs in its category [3] - The fund seeks to match the performance of the INDXX U.S. Infrastructure Development Index, which includes companies involved in various aspects of infrastructure development [4] Fund Details - PAVE has an annual operating expense ratio of 0.47%, which is competitive within its peer group, and a 12-month trailing dividend yield of 0.54% [5] - The ETF has a significant allocation in the Industrials sector, comprising approximately 74.10% of the portfolio, with Materials and Utilities as the next largest sectors [6] - The top three holdings include Howmet Aerospace Inc (4.22%), Fastenal Co, and Quanta Services Inc, with the top 10 holdings accounting for about 32.52% of total assets [7] Performance Metrics - As of July 24, 2025, PAVE has returned approximately 14.48% year-to-date and 18.22% over the past year, with a trading range between $33.78 and $46.15 in the last 52 weeks [8] - The ETF has a beta of 1.23 and a standard deviation of 21.47% over the trailing three-year period, indicating effective diversification of company-specific risk [8] Investment Considerations - PAVE holds a Zacks ETF Rank of 2 (Buy), indicating strong expected asset class return, favorable expense ratio, and positive momentum [10] - Other ETFs in the infrastructure space include the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID) and the iShares Global Infrastructure ETF (IGF), with GRID having $2.94 billion in assets and IGF having $7.57 billion [11]

Core Viewpoint - The Schwab Fundamental U.S. Large Company ETF (FNDX) is a smart beta ETF designed to provide broad exposure to the Large Cap Value category, with a focus on fundamental characteristics to enhance risk-return performance [1][3][5]. Fund Overview - FNDX was launched on August 13, 2013, and has accumulated over $18.97 billion in assets, making it one of the largest ETFs in its category [1][5]. - The fund is managed by Charles Schwab and aims to match the performance of the Russell RAFI US Large Co. Index [5]. Cost Structure - The ETF has an annual operating expense ratio of 0.25%, which is competitive within its peer group [6]. - It offers a 12-month trailing dividend yield of 1.72% [6]. Sector Exposure and Holdings - The fund has a significant allocation to the Financials sector, representing 17.4% of the portfolio, followed by Information Technology and Healthcare [7]. - Apple Inc (AAPL) constitutes approximately 3.86% of the fund's total assets, with the top 10 holdings accounting for about 20.25% of total assets under management [8]. Performance Metrics - As of July 23, 2025, FNDX has increased by approximately 6.39% year-to-date and 10.67% over the past year [10]. - The ETF has a beta of 0.93 and a standard deviation of 15.23% over the trailing three-year period, indicating a medium risk profile [10]. Alternatives - Other ETFs in the Large Cap Value space include Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Value ETF (VTV), which have larger asset bases and lower expense ratios [12].

Core Insights - The Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) is designed to provide broad exposure to the Mid Cap Blend category and was launched on April 26, 2017 [1] - FLQM is managed by Franklin Templeton Investments and has accumulated over $1.67 billion in assets, making it an average-sized ETF in its category [5] - The ETF seeks to match the performance of the LibertyQ U.S. Mid Cap Equity Index, which focuses on mid-cap companies with favorable exposure to quality, value, momentum, and low volatility factors [5] Fund Characteristics - FLQM has an annual operating expense ratio of 0.30%, which is competitive within its peer group, and a 12-month trailing dividend yield of 1.39% [6] - The fund's largest sector allocation is to Industrials at 19.9%, followed by Consumer Discretionary and Financials [7] - The top 10 holdings account for approximately 10.63% of total assets, with Ferguson Enterprises Inc (FERG) being the largest individual holding at 1.18% [8] Performance Metrics - As of July 23, 2025, FLQM has gained about 2.36% year-to-date and approximately 5.39% over the past year [10] - The ETF has traded between $46.92 and $58.81 in the last 52 weeks, with a beta of 0.97 and a standard deviation of 16.48% over the trailing three-year period [10] - FLQM holds around 208 stocks, effectively diversifying company-specific risk [10] Alternatives - Other ETFs in the mid-cap space include Vanguard Mid-Cap ETF (VO) and iShares Core S&P Mid-Cap ETF (IJH), which have significantly larger asset bases of $85.39 billion and $98.03 billion, respectively [12] - VO has a lower expense ratio of 0.04% and IJH has an expense ratio of 0.05%, making them potentially more attractive options for cost-conscious investors [12]

Core Insights - The Vanguard Small-Cap Value ETF (VBR) is a passively managed fund launched on January 26, 2004, with over $30.57 billion in assets, making it the largest ETF in the Small Cap Value segment of the US equity market [1] - Small cap companies, defined as those with market capitalizations below $2 billion, present high potential but also come with higher risks [2] - Value stocks typically have lower price-to-earnings and price-to-book ratios, but also exhibit lower sales and earnings growth rates compared to growth stocks [3] Costs - The ETF has an annual operating expense ratio of 0.07%, positioning it as one of the least expensive options in its category [4] - It offers a 12-month trailing dividend yield of 2.03% [4] Sector Exposure and Top Holdings - The ETF's largest allocation is to the Financials sector, comprising approximately 21.70% of the portfolio, followed by Industrials and Consumer Discretionary [5] - Individual holdings include Slcmt1142 at about 1.08% of total assets, with NRG Energy Inc (NRG) and Emcor Group Inc (EME) also among the top holdings [6] Performance and Risk - VBR aims to match the performance of the CRSP U.S. Small Cap Value Index, having gained roughly 3.30% year-to-date and 6.60% over the past year as of July 23, 2025 [7] - The ETF has traded between $162.76 and $217.30 in the past 52 weeks [7] - With a beta of 1.03 and a standard deviation of 19.72% over the trailing three years, it is classified as a medium-risk investment [8] Alternatives - VBR holds a Zacks ETF Rank of 2 (Buy), indicating strong expected returns and favorable expense ratios [9] - Other comparable ETFs include the Schwab Fundamental U.S. Small Company ETF (FNDA) with $8.62 billion in assets and an expense ratio of 0.25%, and the iShares Russell 2000 Value ETF (IWN) with $11.09 billion in assets and an expense ratio of 0.24% [10] Bottom-Line - Passively managed ETFs like VBR are gaining popularity among both institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11]

Core Viewpoint - The iShares MSCI USA Value Factor ETF (VLUE) is a passively managed ETF that provides broad exposure to the Large Cap Value segment of the US equity market, with significant assets under management and low operating costs [1][4]. Group 1: ETF Overview - VLUE was launched on April 16, 2013, and is sponsored by Blackrock, accumulating over $6.79 billion in assets [1]. - The ETF targets large cap companies, defined as those with market capitalizations above $10 billion, which are generally considered stable investments [2]. Group 2: Value Stocks Characteristics - Value stocks typically exhibit lower price-to-earnings and price-to-book ratios, but also have lower sales and earnings growth rates compared to growth stocks [3]. - Historically, value stocks have outperformed growth stocks in most markets, although they may underperform during strong bull markets [3]. Group 3: Cost and Performance - VLUE has an annual operating expense ratio of 0.15% and a 12-month trailing dividend yield of 2.62%, making it one of the least expensive ETFs in its category [4]. - The ETF aims to match the performance of the MSCI USA Enhanced Value Index, achieving a return of approximately 10.10% year-to-date and 9.55% over the past year as of July 23, 2025 [7]. Group 4: Sector Exposure and Holdings - The ETF has a significant allocation to the Information Technology sector, comprising about 33% of the portfolio, followed by Financials and Consumer Discretionary [5]. - Cisco Systems Inc (CSCO) is the largest holding at approximately 6.88% of total assets, with the top 10 holdings accounting for about 33.86% of total assets under management [6]. Group 5: Risk and Diversification - VLUE has a beta of 0.95 and a standard deviation of 16.92% over the trailing three-year period, indicating a medium risk profile [8]. - The ETF holds around 154 different stocks, effectively diversifying company-specific risk [8]. Group 6: Alternatives - Other ETFs in the same space include the Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV), which have larger asset bases and lower expense ratios [11]. Group 7: Conclusion - Passively managed ETFs like VLUE are increasingly popular due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investors [12].

Core Insights - The Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) is designed to provide broad exposure to the Consumer Staples sector, launched on November 1, 2006 [1] - The ETF has accumulated over $257.18 million in assets, positioning it as an average-sized ETF in its category [3] - The fund has an annual operating expense ratio of 0.40% and a 12-month trailing dividend yield of 0.74% [4] Fund Details - RSPS aims to match the performance of the S&P 500 Equal Weight Consumer Staples Index, which equally weights stocks in the consumer staples sector [3] - The ETF is fully allocated to the Consumer Staples sector, minimizing single stock risk [5] Holdings - Estee Lauder Cos Inc (EL) constitutes approximately 3.28% of total assets, with the top 10 holdings accounting for about 28.11% of total assets under management [6] Performance Metrics - As of July 23, 2025, RSPS has gained about 2.14% year-to-date but is down approximately -0.44% over the past year [7] - The ETF has traded between $28.68 and $32.71 in the last 52 weeks, with a beta of 0.52 and a standard deviation of 12.95% over the trailing three-year period [7] Alternatives - RSPS holds a Zacks ETF Rank of 3 (Hold), indicating a moderate investment outlook based on various factors [8] - Other options in the Consumer Staples ETF space include the Vanguard Consumer Staples ETF (VDC) and the Consumer Staples Select Sector SPDR ETF (XLP), with VDC having $7.64 billion in assets and XLP $15.91 billion [10]

Market Overview - A-shares experienced a high and then a pullback, with the Shanghai Composite Index briefly surpassing 3600 points, closing up 0.01% [1] - The Shenzhen Component Index fell by 0.37%, while the ChiNext Index remained flat with a 0.01% decrease [1] - The total trading volume in the Shanghai and Shenzhen markets exceeded 1.8 trillion yuan [1] ETF Performance - The Nikkei ETF (159866) and Hang Seng Internet Technology ETF (159202) led the gains, rising by 4.54% and 4.47% respectively [2][3] - Other notable gainers included the Nikkei 225 ETFs, which saw increases of over 4% [3] - The Nikkei 225 Index closed up 3.51% at 41,171.32 points, with most constituent stocks rising [3] Sector Dynamics - The automotive sector saw significant gains, with Mazda rising nearly 18% and Subaru nearly 17% [3] - Conversely, the construction and infrastructure sectors experienced a pullback, with the top declining ETFs in these categories showing drops of over 6% [5] Investment Opportunities - A major agreement was reached between the U.S. and Japan, with Japan committing to invest $550 billion in the U.S., potentially creating thousands of jobs [4] - The agreement includes Japan opening its trade in various sectors, which could have positive implications for related industries [4] Regional Insights - In Tibet, the cement market is expected to grow significantly due to ongoing infrastructure development, with demand projected to increase by 25-30% by 2026 [6] - The Chinese government is implementing reforms to support infrastructure projects, which may boost demand for construction materials [5] ETF Trading Activity - The Hong Kong Securities ETF (513090) had the highest trading volume at 26.1 billion yuan [7][8] - The turnover rate for the Hong Kong Medical ETF (159366) was notably high at 533% [8] Upcoming Listings - Several technology-focused ETFs are set to launch, including those tracking AI and technology indices, reflecting a strong interest in high-growth sectors [9][10] - These ETFs will focus on companies in the AI, semiconductor, and biotechnology fields, indicating a trend towards innovation and technology investment [10]

Core Insights - The animated film "K-Pop Monster Hunters," produced by Sony Pictures Animation and released on Netflix, has dominated international charts since its release on June 20, showcasing the ongoing global influence of Korean cultural waves [1][2] - The film's success is expected to create a halo effect for Korean products, particularly in cosmetics and packaged foods, providing unique investment opportunities through the GlobalX K-Pop and Culture ETF (03158) [1] Group 1 - "K-Pop Monster Hunters" ranked first in 26 countries during its opening week and entered the top 10 in 93 countries, indicating strong audience engagement not only in Asia but also in the U.S. and European markets [2] - The film's portrayal of Korean culture is anticipated to boost exports of Korean products, including food and beauty items, as seen with the potential increased interest in Samyang Foods' spicy noodles and Nongshim's Shin Ramyeon, both of which are components of the GlobalX K-Pop and Culture ETF (03158) [2] - The characters' styling and makeup in the film may spark consumer interest in Korean beauty products, further benefiting Korean cosmetics companies as global exposure increases [2]

Core Viewpoint - The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) is a passively managed fund designed to provide broad exposure to the Mid Cap Value segment of the US equity market, with assets exceeding $952.66 million, making it an average-sized ETF in this category [1]. Group 1: Mid Cap Value Characteristics - Mid cap companies have market capitalizations between $2 billion and $10 billion, typically offering higher growth prospects than large cap companies while being less volatile than small cap companies [2]. - Value stocks are characterized by lower price-to-earnings and price-to-book ratios, but they also exhibit lower sales and earnings growth rates compared to growth stocks [3]. Group 2: Costs and Performance - The ETF has an annual operating expense ratio of 0.10%, positioning it as one of the least expensive options in the market, with a 12-month trailing dividend yield of 1.71% [4]. - IVOV aims to match the performance of the S&P MidCap 400 Value Index, having gained approximately 2% year-to-date and about 9.06% over the past year, with a trading range of $79.85 to $104.98 in the last 52 weeks [7]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Financials sector, comprising about 21.10% of the portfolio, followed by Industrials and Consumer Discretionary [5]. - Flex Ltd accounts for approximately 1.38% of total assets, with the top 10 holdings representing about 7.85% of total assets under management [6]. Group 4: Risk and Alternatives - IVOV has a beta of 1.05 and a standard deviation of 19.52% over the trailing three-year period, indicating a medium risk profile with effective diversification across 301 holdings [8]. - The ETF holds a Zacks ETF Rank of 2 (Buy), making it a strong option for investors seeking exposure to the Mid Cap Value segment, alongside alternatives like the iShares Russell Mid-Cap Value ETF (IWS) and the Vanguard Mid-Cap Value ETF (VOE) [9][10]. Group 5: Market Trends - There is a growing trend among retail and institutional investors towards passively managed ETFs due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11].