Core Viewpoint - The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is designed to provide broad exposure to the Large Cap Growth segment of the US equity market, with significant assets under management and a focus on large-cap companies [1][10]. Group 1: Fund Overview - OMFL is a passively managed ETF launched on November 8, 2017, and has amassed over $4.93 billion in assets, making it one of the larger ETFs in its category [1]. - The ETF has an annual operating expense ratio of 0.29%, which is competitive within its peer group, and a 12-month trailing dividend yield of 0.71% [4]. Group 2: Market Characteristics - Large cap companies, defined as those with market capitalizations above $10 billion, are generally more stable and exhibit predictable cash flows compared to mid and small cap companies [2]. - Growth stocks, while having higher sales and earnings growth rates, also come with higher valuations and volatility, making them a safer bet in strong bull markets but less effective in other financial environments [3]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Information Technology sector, comprising about 22.80% of the portfolio, followed by Consumer Staples and Financials [5]. - Microsoft Corp (MSFT) is the largest holding at approximately 5.38% of total assets, with the top 10 holdings accounting for about 43.87% of total assets under management [6]. Group 4: Performance Metrics - As of July 17, 2025, the ETF has returned approximately 6.57% year-to-date and 11.67% over the past year, with a trading range between $47.65 and $58.13 in the past 52 weeks [8]. - The ETF has a beta of 1 and a standard deviation of 16.04% for the trailing three-year period, indicating effective diversification of company-specific risk with about 277 holdings [8]. Group 5: Alternatives and Comparisons - OMFL holds a Zacks ETF Rank of 2 (Buy), indicating strong expected performance based on various factors [10]. - Other ETFs in the same space include the Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ), with VUG having $178.36 billion in assets and an expense ratio of 0.04%, while QQQ has $355.54 billion in assets and charges 0.20% [11]. Group 6: Investment Appeal - Passively managed ETFs like OMFL are favored by both institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency, making them an excellent choice for long-term investors [12].

Core Viewpoint - The Invesco S&P SmallCap 600 Pure Value ETF (RZV) is a passively managed fund targeting the Small Cap Value segment of the US equity market, with assets exceeding $206.50 million, making it an average-sized ETF in this category [1]. Group 1: Small Cap Value Characteristics - Small cap companies, defined as those with market capitalizations below $2 billion, are considered high-potential stocks but carry higher risks compared to large and mid-cap companies [2]. - Value stocks typically exhibit lower price-to-earnings and price-to-book ratios, along with lower sales and earnings growth rates. Historically, value stocks have outperformed growth stocks in most markets, although they may underperform during strong bull markets [3]. Group 2: Costs and Performance - The ETF has an annual operating expense ratio of 0.35%, which is competitive within its peer group, and a 12-month trailing dividend yield of 0.96% [4]. - RZV aims to replicate the performance of the S&P SmallCap 600 Pure Value Index, having lost approximately -3.48% year-to-date and -0.25% over the past year as of July 17, 2025. The ETF has traded between $83.11 and $119.36 in the last 52 weeks [7]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Consumer Discretionary sector, comprising about 26.80% of the portfolio, followed by Financials and Energy [5]. - Par Pacific Holdings Inc (PARR) represents about 2.49% of total assets, with the top 10 holdings accounting for approximately 17.72% of total assets under management [6]. Group 4: Risk and Alternatives - RZV has a beta of 1.20 and a standard deviation of 24.57% over the trailing three-year period, indicating a higher risk profile. The ETF includes around 147 holdings, which helps mitigate company-specific risk [8]. - Alternatives to RZV include the iShares Russell 2000 Value ETF (IWN) and the Vanguard Small-Cap Value ETF (VBR), which track similar indices and have larger asset bases of $10.92 billion and $29.95 billion, respectively [10].

Core Viewpoint - The iShares Top 20 U.S. Stocks ETF (TOPT) offers broad exposure to the Large Cap Growth segment of the US equity market, with assets exceeding $242.27 million and launched on 10/23/2024 [1] Group 1: Large Cap Growth Overview - Large cap companies have a market capitalization above $10 billion, providing more stability and predictable cash flows compared to mid and small cap companies [2] - Growth stocks typically exhibit higher sales and earnings growth rates but come with higher valuations and associated risks [3] Group 2: Cost Structure - The annual operating expenses for TOPT are 0.20%, positioning it as one of the cheaper options in the ETF space, with a 12-month trailing dividend yield of 0.27% [4] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Information Technology sector, comprising about 49.30% of the portfolio, followed by Financials and Telecom [5] - Microsoft Corp (MSFT) represents approximately 14.72% of total assets, with the top 10 holdings accounting for about 74.37% of total assets under management [6] Group 4: Performance Metrics - TOPT aims to match the performance of the S&P 500 TOP 20 SELECT INDEX, having gained roughly 6.39% so far, with a trading range between $21.25 and $27.67 over the past 52 weeks [7] Group 5: Alternatives and Market Position - TOPT holds a Zacks ETF Rank of 2 (Buy), indicating strong potential based on expected returns, expense ratio, and momentum [8] - Other ETFs in the Large Cap Growth space include Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ), with VUG having $178.19 billion in assets and an expense ratio of 0.04%, while QQQ has $355.77 billion and charges 0.20% [9] Group 6: Investment Appeal - Passively managed ETFs like TOPT are favored by both institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency [10]

Group 1 - The current total holdings of the largest gold ETF, SPDR Gold Trust, stand at 947.64 tons, unchanged from the previous trading day [6] - On July 15, spot gold prices experienced a decline after reaching a high of $3366.41 per ounce, closing at $3324.6 per ounce, down $18.74 or 0.56% [6] - Recent U.S. inflation data showed that both the June CPI and core CPI exceeded previous values, but core CPI has been below expectations for five consecutive months, indicating that tariff impacts on inflation are not fully realized [6][7] Group 2 - Market expectations suggest a 62% probability that the Federal Reserve will cut interest rates by 25 basis points in September, with potential for nearly two cuts by the end of the year [6] - Analysts indicate that the lower-than-expected core CPI has raised questions about the extent of consumer price impacts from tariffs, potentially prompting President Trump to advocate more strongly for rate cuts [7] - Technical analysis shows that gold prices may consolidate, with resistance at $3350 and potential targets of $3400 and $3450 if broken, while a drop below $3300 could lead to testing the 100-day moving average at $3245 [6]

Core Insights - The iShares ESG Aware MSCI USA ETF (ESGU) is a smart beta ETF launched on December 1, 2016, providing broad exposure to the Style Box - All Cap Growth category [1] - ESGU is managed by Blackrock and has amassed over $13.82 billion in assets, making it one of the largest ETFs in its category [5] - The fund aims to match the performance of the MSCI USA ESG Focus Index, which includes U.S. companies with positive environmental, social, and governance characteristics [5] Fund Characteristics - ESGU has an annual operating expense ratio of 0.15%, making it one of the least expensive options in the market [6] - The fund has a 12-month trailing dividend yield of 1.10% [6] - The largest sector allocation is in Information Technology at approximately 34.3%, followed by Financials and Consumer Discretionary [7] Holdings and Performance - Nvidia Corp (NVDA) is the largest holding at about 6.73%, with Microsoft Corp (MSFT) and Apple Inc (AAPL) also among the top holdings [8] - The top 10 holdings account for about 35.18% of total assets under management [8] - ESGU has returned approximately 6.34% year-to-date and 12.16% over the past year, with a trading range between $108.06 and $136.58 in the last 52 weeks [9] Alternatives - Other ETFs in the space include iShares ESG Aware MSCI EAFE ETF (ESGD) and Vanguard ESG U.S. Stock ETF (ESGV), with assets of $9.67 billion and $10.75 billion respectively [11] - ESGD has an expense ratio of 0.21% and ESGV has an expense ratio of 0.09% [11] - Traditional market cap weighted ETFs may offer cheaper and lower-risk options for investors [11]

But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market. Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance. While this space offers a number of choices to investors, including simplest equal-weighting, fundamental weighting and volatility ...

Core Viewpoint - The Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) is a passively managed ETF aimed at providing broad exposure to the Large Cap Blend segment of the U.S. equity market, with assets exceeding $1.30 billion, making it one of the larger ETFs in this category [1]. Group 1: Fund Overview - GSEW was launched on September 12, 2017, and is sponsored by Goldman Sachs Funds [1]. - The ETF targets large cap companies, which typically have a market capitalization above $10 billion, offering more predictable cash flows and lower volatility compared to mid and small cap stocks [2]. Group 2: Costs and Performance - The annual operating expenses for GSEW are 0.09%, positioning it as one of the least expensive options in the ETF space, with a 12-month trailing dividend yield of 1.48% [3]. - GSEW has achieved a performance increase of approximately 7.51% year-to-date and 15.66% over the past year, with trading prices ranging from $67.22 to $83.03 in the last 52 weeks [6]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Financials sector, comprising about 16.60% of the portfolio, followed by Information Technology and Industrials [4]. - The top 10 holdings account for approximately 2.13% of total assets, with Mongodb Inc (MDB) representing about 0.23% of total assets [5]. Group 4: Risk and Alternatives - GSEW seeks to match the performance of the Solactive US Large Cap Equal Weight Index, which includes around 500 of the largest U.S. companies, and has a beta of 1 with a standard deviation of 16.73% over the trailing three-year period [6][7]. - Alternatives to GSEW include the SPDR S&P 500 ETF (SPY) and the Vanguard S&P 500 ETF (VOO), which have significantly larger asset bases of $643.17 billion and $689.40 billion, respectively, with similar expense ratios [9]. 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 [10].

Group 1 - The ARK Innovation ETF (ARKK) has reached a 52-week high, increasing by 89.28% from its 52-week low price of $36.85 per share [1] - ARKK is an actively managed ETF that primarily invests at least 65% of its assets in equity securities of companies related to disruptive innovation [2] - Recent performance of ARK ETFs, including ARKK, ARKW, and ARKF, saw a surge of about 8%, with standout holdings being Coinbase, Tesla, and Roblox [3] Group 2 - The near-term outlook for ARKK appears positive, indicated by a weighted alpha of 62.37, suggesting potential for further gains [4]

Core Viewpoint - 21Shares US LLC announced a 3-for-1 share split for its flagship ARK 21Shares Bitcoin ETF (ARKB) to enhance accessibility for investors and improve trading efficiency [1][2]. Fund Details - The share split will be effective at market open on June 16, 2025, with the fund continuing to trade under the ticker symbol "ARKB" and the same CUSIP [2]. - The total net asset value (NAV) of ARKB will remain unchanged post-split, and the fund's investment objective, strategy, and underlying holdings will not be affected [2][3]. - ARKB is a physically-backed Bitcoin ETF that aims to track Bitcoin's performance as measured by the CME CF Bitcoin Reference Rate – New York Variant, providing regulated access to Bitcoin [3]. Company Background - 21Shares AG, the sponsor of ARK 21Shares Bitcoin ETF, is a leading provider of cryptocurrency exchange-traded products (ETPs) and offers the largest suite of crypto ETPs in the market [5]. - The company was established to make cryptocurrency more accessible and to bridge traditional finance with decentralized finance, having launched the world's first physically-backed crypto ETP in 2018 [5]. - 21Shares has a seven-year track record in creating crypto exchange-traded funds listed on major securities exchanges globally, supported by a specialized research team and proprietary technology [5].

Core Viewpoint - Universal Digital Inc. has filed a preliminary prospectus for the launch of two new leveraged exchange-traded funds (ETFs) in partnership with LongPoint Asset Management, aimed at providing Canadian investors with amplified exposure to Coinbase and MicroStrategy [1][3][7] Group 1: ETF Details - The proposed ETFs are the LFG Daily (2X) COIN Long ETF (COIU ETF) and the LFG Daily (2X) MSTR Long ETF (MSTU ETF), designed to deliver twice the daily performance of Coinbase Global Inc. and MicroStrategy Inc., respectively [1][2] - Both ETFs will be structured as alternative mutual funds and are expected to be listed on the Toronto Stock Exchange (TSX) under the ticker symbols "COIU" and "MSTU" [2][4] - The ETFs are anticipated to be the first of their kind available for investors on a Canadian stock exchange, with significant existing investments in similar U.S. ETFs [4][5] Group 2: Partnership and Management - Universal Digital and LongPoint entered into a partnership agreement on May 21, 2025, to establish, operate, and market the ETFs in Canada, with LongPoint serving as the investment fund manager [3][5] - LongPoint brings over 70 years of combined expertise in the ETF market, focusing on compliance and operational management [10] Group 3: Market Context - There are currently over US$3.6 billion in assets invested in 2X long MSTR targeted ETFs and nearly US$850 million in 2X long COIN targeted ETFs in the U.S., indicating a strong market demand for such products [4]