U.S. Size & Style Performance

(1)

Sep 20 Dec 20 Mar 21 Jun 21 Sep 21 80

100 Small Cap Blend (S&P 600) IJR

Sep 20 Dec 20 Mar 21 Jun 21 Sep 21 200

250 Mid Cap Blend (S&P 400) IJH

Sep 20 Dec 20 Mar 21 Jun 21 Sep 21 350

400 450

Large Cap Blend (S&P 500) IVV

Ticker Fund

SMDV

ProShares Russell 2000 Dividend Growers ETF

ALTL

Pacer Lunt Large Cap Alternator ETF

SPLV

Invesco S&P 500 Low Volatility ETF

PEY

Invesco High Yield Equity Dividend Achievers ETF

SPHD

Invesco S&P 500 High Dividend Low Volatility ETF

DIV

Global X SuperDividend US ETF

CDL

VictoryShares US Large Cap High Dividend Volatility Wt..

REGL

ProShares S&P MidCap 400 Dividend Aristocrats ETF

FAB

First Trust Multi Cap Value AlphaDEX Fund

SIXL

6 Meridian Low Beta Equity Strategy ETF

1.05%

1.03%

1.00%

0.95%

0.94%

0.87%

0.84%

0.83%

Size & Style 1-Day Performance Leaders

Ticker Fund

IPO

Renaissance IPO ETF

BUZZ

VanEck Social Sentiment ETF

QMOM

Alpha Architect U.S. Quantitative Momentum ETF

SPHB

Invesco S&P 500 High Beta ETF

QQQN

VictoryShares Nasdaq Next 50 ETF

MTUM

iShares MSCI USA Momentum Factor ETF

AIEQ

AI Powered Equity ETF

QQQJ

Invesco NASDAQ Next Gen 100 ETF

IWC

iShares Micro-Cap ETF

GVIP

Goldman Sachs Hedge Industry VIP ETF

-1.36%

-1.29%

-1.14%

-0.91%

-0.88%

-0.75%

-0.72%

-0.71%

-0.60%

Size & Style 1-Day Performance Laggards

Large Value (IVE) Large Cap (IVV) Large Growth

(IVW) Mid Value (IJJ) Mid Cap (IJH) Mid Growth (IJK) Small Value (IJS) Small Cap (IJR) Small Growth (IJT)

0.0%

0.5%

0.26%

0.17%

-0.01%

0.20%

0.04%

-0.21%

0.56%

0.31%

0.15%

U.S. Size & Style 1-Day Performance

Ticker Fund

RWJ

Invesco S&P SmallCap 600 Revenue ETF

XSVM

Invesco S&P SmallCap Value with Momentum ETF

AVUV

Avantis U.S. Small Cap Value ETF

CALF

Pacer US Small Cap Cash Cows 100 ETF

RZV

Invesco S&P Smallcap 600 Pure Value ETF

SIXS

6 Meridian Small Cap Equity ETF

SLYV

SPDR S&P 600 Small Cap Value ETF

SVAL

iShares US Small Cap Value Factor ETF

IJS

iShares S&P Small-Cap 600 Value ETF

FYT

First Trust Small Cap Value AlphaDEX Fund

60.89 59.82 59.51 58.43 58.36 57.41 57.26 57.03 56.60 56.55 Size & Style Most Overbought

Ticker Fund

QUAL

iShares MSCI USA Quality Factor ETF

DVOL

First Trust Dorsey Wright Momentum & Low Volatili..

NULG

Nuveen ESG Large-Cap Growth ETF

QQQE

Direxion NASDAQ-100 Equal Weighted Index Shares

FCTR

First Trust Lunt U.S. Factor Rotation ETF

QQQM

Invesco NASDAQ 100 ETF

IUSG

iShares Core S&P U.S. Growth ETF

QQQ

Invesco QQQ Trust

IWY

iShares Russell Top 200 Growth ETF

QLV

FlexShares US Quality Low Volatility Index Fund

30.74 31.87 32.01 32.13 32.31 32.36 32.45 32.56 32.59 32.62 Size & Style Most Oversold

U.S. Size & Style Performance

* ETF Landscape represented using the ETF Action classification system**Leaders/Laggards/Overbought/Oversold ETFs must have $50 million to qualify

Closing Price 50 Day Moving Average 200 Day Moving Average

September 29, 2021

(2)

Oct 20 Jan 21 Apr 21 Jul 21 Oct 21 ($5B)

$0B

$5B

$10B

Mid-Cap 30-Day Rolling Flows

Oct 20 Jan 21 Apr 21 Jul 21 Oct 21

$0B

$10B

$20B

Small-Cap 30-Day Rolling Flows

Oct 20 Jan 21 Apr 21 Jul 21 Oct 21

$0B

$20B

$40B

$60B

Large-Cap 30-Day Rolling Flows

Funds AUM 1 Week 3 Month 6 Month 1 Year

Small Cap, Beta, Beta

Large Cap, Beta Growth, Beta: Value Mid Cap, Beta, Beta

Large Cap, Beta Growth, Beta: Growth Small Cap, Beta, Beta: Value

Small Cap, Beta, Beta: Growth Mid Cap, Beta, Beta: Growth Mid Cap, Beta, Beta: Value

Large Cap, Beta Growth, Beta $81.72B

$3.99B ($2.31B)

$1.79B

$9.19B

$4.24B

$8.71B

$32.00B

$26.05B

$60.49B

$1.59B ($1.17B)

$0.01B

$0.74B

$8.92B

$2.98B

$12.50B

$3.93B

$34.38B ($0.27B)

$0.10B

$0.40B ($1.19B)

$6.73B

$0.91B

$2.96B

$3.05B

($7.91B) ($0.01B)

$0.02B

$0.06B

$0.22B

$0.31B

$0.52B

$1.60B

$1,240B

$40B

$39B

$38B

$56B

$251B

$183B

$197B

$216B

24 6 6 7 7 10 10 11 12

U.S. Size & Style Landscape Flows

Ticker Fund 1 Week 3 Month 6 Month 1 Year AUM

IWM iShares Russell 2000 ETF IWF iShares Russell 1000 Growth ETF VTI Vanguard Total Stock Market ETF PDP Invesco DWA Momentum ETF

MTUM iShares MSCI USA Momentum Factor ETF SCHD Schwab US Dividend Equity ETF

VTV Vanguard Value ETF

NOBL ProShares S&P 500 Dividend Aristocrats ETF VBR Vanguard Small Cap Value ETF

DWAS Invesco DWA SmallCap Momentum ETF

$68.31B

$9.50B ($0.92B)

$1.07B

$1.30B

$72.32B ($1.49B)

$0.48B

$1.95B

$0.80B

$264.95B

$45.65B

$21.83B

$10.95B

$0.72B

$2.40B

$0.04B ($0.03B)

$0.21B

$0.58B

$15.60B

$0.91B

$0.01B ($0.17B)

$0.44B

$27.91B

$10.34B

$6.20B

$2.16B

$0.31B

$83.61B

$15.72B

$7.94B

$2.21B

$0.25B

$9.07B

$1.26B

$0.86B

$0.47B

$0.23B

$24.98B

$4.24B

$1.45B

$0.65B

$0.15B

$0.59B

$0.12B ($0.09B)

($0.04B)

$0.14B U.S. Size & Style Flow Leaders

Ticker Fund 1 Week 3 Month 6 Month 1 Year AUM

IVV iShares Core S&P 500 ETF QQQ Invesco QQQ Trust

SPYG SPDR Portfolio S&P 500 Growth ETF VOO Vanguard S&P 500 ETF

DGRO iShares Core Dividend Growth ETF JVAL JPMorgan U.S. Value Factor ETF VUG Vanguard Growth ETF

FLQL Franklin LibertyQ U.S. Equity ETF USMV iShares MSCI USA Min Vol Factor ETF IVW iShares S&P 500 Growth ETF

$289.55B

$10.46B

$3.48B ($0.93B)

($4.77B)

$182.95B

$9.86B

$9.00B

$3.55B ($3.07B)

$13.57B

$1.93B

$2.49B

$0.99B ($0.37B)

$250.00B

$38.13B

$23.36B

$13.71B ($0.28B)

$19.92B

$4.57B

$1.71B

$0.63B ($0.20B)

$0.51B

$0.38B ($0.21B)

($0.59B) ($0.17B)

$82.06B

$4.00B

$3.36B

$1.63B ($0.12B)

$1.05B ($0.48B)

($0.33B) ($0.31B)

($0.12B)

$27.06B ($11.38B)

($3.11B) ($0.60B)

($0.10B)

$35.31B ($2.83B)

($0.33B)

$0.30B ($0.10B)

U.S. Size & Style Flow Laggards

U.S. Size & Style Flows

* ETF Landscape represented using the ETF Action classification systemLeaders/Laggards/Overbought/Oversold ETFs must have $50 million to qualify *Flows delayed one day

September 29, 2021

(3)

Ticker Fund

PXI

Invesco DWA Energy Momentum ETF

FCG

First Trust Natural Gas ETF

IEO

iShares U.S. Oil & Gas Exploration & Production ETF

PXE

Invesco Dynamic Energy Exploration & Production ETF

RYE

Invesco S&P 500 Equal Weight Energy ETF

XOP

SPDR S&P Oil & Gas Exploration & Production ETF

FXN

First Trust Energy AlphaDEX Fund

FENY

Fidelity MSCI Energy Index ETF

PSCE

Invesco S&P SmallCap Energy ETF

XLE

Energy Select Sector SPDR Fund

70.81 70.79 70.25 69.73 68.25 67.60 67.42 66.64 66.49 65.83 Sector & Industry Most Overbought

Ticker Fund

PBJ

Invesco Dynamic Food & Beverage ETF

FXU

First Trust Utilities AlphaDEX Fund

QABA

First Trust NASDAQ ABA Community Bank Index F..

FUTY

Fidelity MSCI Utilities Index ETF

XLU

Utilities Select Sector SPDR Fund

FXG

First Trust Consumer Staples AlphaDEX Fund

REZ

iShares Residential and Multisector Real Estate E..

VPU

Vanguard Utilities ETF

RYU

Invesco S&P 500 Equal Weight Utilities ETF

IDU

iShares U.S. Utilities ETF

1.59%

1.39%

1.36%

1.34%

1.31%

1.29%

1.28%

1.15%

1.14%

Sector & Industry 1 Day Performance Leaders

-3.0% -2.0% -1.0% 0.0% 1.0% 2.0%

Utilities (XLU) Regional Banking (KRE) Cons Staples (XLP) Banks (KBE) Health Care (XLV) Real Estate (XLRE) Insurance (KIE) Homebuilders (XHB) Capital Mkts (KCE) Aerospace & Defense (XAR) Health Care Svcs (XHS) S&P 500 (SPY) Industrial (XLI) Cons Discretionary (XLY) Financials (XLF) Retail (XRT Telecom (XTL) Pharmaceuticals (XPH) Energy (XLE) Comm Svcs (XLC) Technology (XLK) Software & Svcs (XSW) Health Care Equipment (XHE) Oil & Gas Expl. & Prod (XOP) Materials (XLB) Transportation (XTN) Oil & Gas Equip. & Svcs (XES) Internet (XWEB) Biotech (XBI) Semiconductor (XSD) Metals & Mining (XME)

-1.68%

-1.65%

-1.60%

-1.14%

-0.79%

-0.41%

-0.33%

-0.16%

-0.15%

-0.13%

-0.09%

-2.16%

0.00%

0.02%

0.05%

0.08%

0.10%

0.11%

0.17%

0.22%

0.23%

0.24%

0.52%

0.61%

0.65%

0.79%

0.85%

0.91%

1.09%

1.31%

0.06%

S&P Sector & Industry 1 Day Performance

Ticker Fund Name % From 52W

High % From 52W

Low % Abv/Below

50 SMA % Abv/Below

200 SMA RSI (14D) XLY

Consumer Discretionary Select Sector SPDR Fund

XLF

Financial Select Sector SPDR Fund

XLP

Consumer Staples Select Sector SPDR Fund

SPY

SPDR S&P 500 ETF Trust

XLI

Industrial Select Sector SPDR Fund

XLK

Technology Select Sector SPDR Fund

XLV

Health Care Select Sector SPDR Fund

XLE

Energy Select Sector SPDR Fund

XLC

Communication Services Select Sector SPDR Fund

XLRE

Real Estate Select Sector SPDR Fund

XLU

Utilities Select Sector SPDR Fund

XLB

Materials Select Sector SPDR Fund

49.30 5.09%

0.23%

27.64%

-1.83%

53.39 8.40%

1.12%

61.50%

-2.23%

39.04 1.62%

-2.14%

12.59%

-3.93%

38.58 5.07%

-2.11%

33.05%

-4.14%

40.73 1.28%

-2.91%

33.42%

-5.34%

34.81 6.06%

-3.29%

35.67%

-5.82%

34.04 4.70%

-3.39%

26.78%

-5.82%

65.83 8.30%

7.96%

90.87%

-5.87%

33.17 4.42%

-3.49%

36.81%

-6.61%

34.52 7.18%

-3.43%

32.93%

-7.31%

31.61

-0.51%

-4.64%

10.33%

-8.11%

37.60

-0.42%

-3.91%

29.74%

-9.38%

Select Sector SPDRs Technicals

Ticker Fund

XME

SPDR S&P Metals & Mining ETF

PSI

Invesco Dynamic Semiconductors ETF

XSD

SPDR S&P Semiconductor ETF

XBI

SPDR S&P BIOTECH ETF

XWEB

SPDR S&P Internet ETF

SOXX

iShares Semiconductor ETF

SOXQ

Invesco PHLX Semiconductor ETF

PNQI

Invesco NASDAQ Internet ETF

QTEC

First Trust NASDAQ-100 Technology Sector Index Fund

XES

SPDR S&P Oil & Gas Equipment & Services ETF

-2.16%

-2.15%

-1.68%

-1.65%

-1.60%

-1.58%

-1.53%

-1.34%

-1.19%

-1.14%

Sector & Industry 1 Day Performance Laggards

Ticker Fund

VPU

Vanguard Utilities ETF

PSJ

Invesco Dynamic Software ETF

PNQI

Invesco NASDAQ Internet ETF

IDU

iShares U.S. Utilities ETF

RYU

Invesco S&P 500 Equal Weight Utilities ETF

XLU

Utilities Select Sector SPDR Fund

VHT

Vanguard Health Care ETF

QTEC

First Trust NASDAQ-100 Technology Sector Index Fund

FUTY

Fidelity MSCI Utilities Index ETF

IBB

iShares Biotechnology ETF

26.71 30.32 30.37 31.00 31.01 31.61 31.81 32.07 32.20 32.43 Sector & Industry Most Oversold

U.S. Sectors & Industries Performance

* ETF Landscape represented using the ETF Action classification system**Leaders/Laggards/Overbought/Oversold ETFs must have $50 million to qualify

September 29, 2021

(4)

Funds AUM 1 Week 3 Month 6 Month 1 Year Communication Services

Consumer Discretionary Consumer Staples Energy

Financials Health Care Industrial Materials Multi-Sector Real Estate Technology

Utilities $274M

$2,409M

$13,326M

$3,178M

$5,895M

$3,614M

$3,979M

$22,309M

$11,298M ($3,237M)

$3,290M

$2,801M

$562M

$2,981M

$8,191M

$1,515M

$1,846M ($3,189M)

$4,725M

$2,163M

$327M

$796M

$102M

$2,364M

$788M

$2,582M

$2,782M

$517M ($2,171M) ($2,672M)

$4,316M ($847M) ($1,075M)

$598M ($279M)

$1,907M

($126M)

$75M

$12M ($2M)

$14M

$148M ($259M)

$1,435M

$755M ($24M) ($46M)

$205M

$19B

$137B

$73B

$24B

$16B

$34B

$89B

$79B

$52B

$20B

$34B

$22B

10 24 21 16 10 14 25 28 34 12 13 9

U.S. Sector Landscape

-200M 0M 200M 400M

1 Week (Custom SQL Query22) Banks

Banks: Regional Semiconductors Biotech Oil & Gas Exploration & Production Health Care Equipment & Supplies Transportation Natural Gas Retail MLPs (C-Corp) Pharmaceuticals Mortgage REITs Infrastructure Leisure & Recreation Midstream Metals & Mining BDCs Health Care Providers & Services Construction & Engineering Food & Beverage Media & Entertainment Oil & Gas Equipment & Services Insurance MLPs (Note) Aerospace & Defense Homebuilding

Software ($148M) ($23M)

($12M)

$266M

$213M

$205M

($4M) ($2M) ($1M)

$10M

$79M

$78M

$45M

$36M

$26M

$94M

$24M

$3M

$2M

$1M

$0M

$6M

$8M

$9M

U.S. Sector & Industry 1-Week Flows

Ticker Fund 1 Week 3 Month 6 Month 1 Year AUM

XLF Financial Select Sector SPDR Fund XLE Energy Select Sector SPDR Fund KBWB Invesco KBW Bank ETF

KRE SPDR S&P Regional Banking ETF

XLC Communication Services Select Sector SPDR Fu..

VFH Vanguard Financials ETF SOXX iShares Semiconductor ETF

PTH Invesco DWA Healthcare Momentum ETF IBB iShares Biotechnology ETF

PTF Invesco DWA Technology Momentum ETF

$41,340M

$11,991M ($930M)

($877M)

$697M

$25,233M

$8,413M

$968M

$125M

$527M

$3,153M

$1,587M

$636M

$681M

$230M

$4,873M

$2,558M

$103M ($344M)

$207M

$15,259M

$1,613M

$1,549M

$1,311M

$178M

$11,086M

$1,729M

$631M ($152M)

$173M

$7,297M

$1,703M

$562M

$490M

$165M

$649M ($116M)

($249M) ($22M)

$157M

$10,630M ($149M)

($132M) ($82M)

$104M

$374M ($48M)

($53M)

$6M

$95M U.S. Sector & Industry Flow Leaders

Ticker Fund 1 Week 3 Month 6 Month 1 Year AUM

XLV Health Care Select Sector SPDR Fund VGT Vanguard Information Technology ETF XLU Utilities Select Sector SPDR Fund IYR iShares U.S. Real Estate ETF

IGV iShares Expanded Tech-Software Sector ETF XLP Consumer Staples Select Sector SPDR Fund XLY Consumer Discretionary Select Sector SPDR Fu..

RCD Invesco S&P 500 Equal Weight Consumer Discr..

XHB SPDR S&P Homebuilders ETF PSJ Invesco Dynamic Software ETF

$30,871M

$2,334M

$3,954M

$2,601M ($707M)

$48,819M

$1,307M

$1,659M

$550M ($223M)

$12,064M ($124M)

$149M

$558M ($175M)

$7,376M

$2,748M

$2,230M ($12M)

($168M)

$5,404M ($1,212M)

($292M)

$213M ($161M)

$11,883M ($2,694M)

$670M

$370M ($72M)

$20,005M

$392M ($838M)

($618M) ($64M)

$688M

$312M ($224M)

($211M) ($48M)

$1,714M ($75M)

($62M) ($259M)

($30M)

$466M ($136M)

($123M) ($71M)

($17M) U.S. Sector & Industry Flow Laggards

U.S. Sector Landscape

* ETF Landscape represented using the ETF Action classification systemLeaders/Laggards/Overbought/Oversold ETFs must have $50 million to qualify *Flows delayed one day

September 29, 2021

(5)

Oct 20 Feb 21 Jun 21 Oct 21 ($1B)

$0B

$1B

Communication Services

Oct 20 Feb 21 Jun 21 Oct 21 ($2B)

$0B

$2B

Consumer Staples

Oct 20 Feb 21 Jun 21 Oct 21 ($2B)

$0B

$2B

$4B

Energy

Oct 20 Feb 21 Jun 21 Oct 21 ($3B)

($2B) ($1B)

$0B

$1B

$2B

$3B

$4B

Consumer Discretionary

Oct 20 Feb 21 Jun 21 Oct 21 ($2B)

$0B

$2B

$4B

Health Care

Oct 20 Feb 21 Jun 21 Oct 21 ($2B)

$0B

$2B

Industrial

Oct 20 Feb 21 Jun 21 Oct 21 ($2B)

$0B

$2B

Materials

Oct 20 Feb 21 Jun 21 Oct 21 ($2B)

$0B

$2B

Technology

Oct 20 Feb 21 Jun 21 Oct 21 ($1B)

$0B

$1B

Utilities

Oct 20 Feb 21 Jun 21 Oct 21

$0B

$2B

$4B

Real Estate

Oct 20 Feb 21 Jun 21 Oct 21 ($..

$0B

$5B

Financials

Oct 20 Feb 21 Jun 21 Oct 21 ($1B)

$0B

$1B

$2B

Multi-Sector

U.S. Sector Rolling 30-Day Flows

* ETF Landscape represented using the ETF Action classification systemLeaders/Laggards/Overbought/Oversold ETFs must have $50 million to qualify *Flows delayed one day

September 29, 2021

(6)

-2.00% 0.00% 2.00%

Water (PHO) Space (UFO) Digital Infrastructure (SRVR) Cyber Security (HACK) FinTech (FINX) Cloud Computing (SKYY) Connectivity (FIVG) NextGen Transportation (DRI..

eSports & Video Games (ESPO Smart Infrastructure (GRID) Robotics & AI (ROBO) Clean Energy: Wind (FAN) Digital Payments (IPAY) Clean Energy (PBW) Blockchain (BLOK) 3D Printing (PRNT) Industrial Revolution (ARKQ) Online Retail (IBUY) Casinos & Gaming (BETZ) Big Data (AIQ) Clean Energy: Solar (TAN) Biotech ..

Genomics (ARKG) Evolving Consumer (SOCL) Cannabis (MJ) Disruptive Tech (ARKW) Multi-Theme (ARKK) Advanced Materials (REMX)

-2.16%

-2.09%

-2.04%

-1.89%

-1.83%

-1.76%

-1.68%

-1.51%

-1.47%

-1.42%

-1.33%

-1.32%

-2.35%

-1.02%

-0.85%

-0.74%

-0.73%

-0.67%

-0.65%

-0.63%

-0.57%

-0.48%

-0.36%

-1.22%

0.46%

0.63%

0.83%

Global Thematic Segment 1-Day Performance

Ticker Fund

AWAY

ETFMG Travel Tech ETF

UFO

Procure Space ETF

EVX

VanEck Environmental Services ETF

SBIO

ALPS Medical Breakthroughs ETF

MSOS

AdvisorShares Pure US Cannabis ETF

HAIL

SPDR S&P Kensho Smart Mobility ETF

BETZ

Roundhill Sports Betting & iGaming ETF

LEGR

First Trust Indxx Innovative Transaction & Process ETF

DRIV

Global X Autonomous & Electric Vehicles ETF

PBW

Invesco WilderHill Clean Energy ETF

56.74 47.09 46.37 45.47 44.72 44.22 43.14 42.44 41.64 41.61 Thematic Most Overbought

Ticker Fund

PIO

Invesco Global Water ETF

HERO

Global X Video Games & Esports ETF

GAMR

Wedbush ETFMG Video Game Tech ETF

NERD

Roundhill BITKRAFT Esports & Digital Entertainment ETF

ARKG

ARK Genomic Revolution ETF

EBLU

Ecoﬁn Global Water ESG Fund

KEMQ

KraneShares Emerging Markets Consumer Technology In..

HTEC

ROBO Global Healthcare Technology and Innovation ETF

SRVR

Pacer Benchmark Data & Infrastructure Real Estate SCTR..

PRNT

3D Printing ETF

24.97 26.48 27.13 27.96 28.25 28.89 29.73 30.52 30.80 31.09 Thematic Most Oversold

Ticker Fund

PHO

Invesco Water Resources ETF

UFO

Procure Space ETF

VPN

Global X Data Center REITs & Digital Infrastructure ETF

FIW

First Trust Water ETF

SRVR

Pacer Benchmark Data & Infrastructure Real Estate SCTR..

EVX

VanEck Environmental Services ETF

EBLU

Ecoﬁn Global Water ESG Fund

AGNG

Global X Aging Population ETF

EDOC

Global X Telemedicine & Digital Health ETF

PIO

Invesco Global Water ETF

0.83%

0.63%

0.60%

0.57%

0.46%

0.43%

0.31%

0.27%

0.23%

0.07%

Global Thematic 1-Day Performance Leaders

Ticker Fund

YOLO

AdvisorShares Pure Cannabis ETF

MSOS

AdvisorShares Pure US Cannabis ETF

BITQ

Bitwise Crypto Industry Innovators ETF

REMX

VanEck Rare Earth/Strategic Metals ETF

CNBS

Amplify Seymour Cannabis ETF

THCX

Cannabis ETF

ARKK

ARK Innovation ETF

ARKW

ARK Next Generation Internet ETF

POTX

Global X Cannabis ETF

MJ

ETFMG Alternative Harvest ETF

-3.10%

-2.80%

-2.44%

-2.35%

-2.23%

-2.22%

-2.16%

-2.09%

-2.08%

-2.04%

Global Thematic 1-Day Performance Laggards

-3.0% -2.5% -2.0% -1.5% -1.0% -0.5% 0.0% 0.5% 1.0%

Disruptive Tech Evolving Consumer FinTech Health Innovation Industrial Revolution Multi Sustainability

GNOM

EMQQ

SMOG AWAY ARKW

PAWZ MSOS

REMX

SRVR

EDOC YOLO

ARKX ARKK

BLCN BLOK

ARKF

TECB IDNA

GRID IRBO

CIBR

FINX

IZRL

PHO

TAN PIO FIW

XT

Global Thematic 1-Day Performance Landscape

Global Thematic Performance

* ETF Landscape represented using the ETF Action classification system**Leaders/Laggards/Overbought/Oversold ETFs must have $50 million to qualify

September 29, 2021

(7)

Segment Funds AUM 1 Week 3 Month 6 Month 1 Year Disruptive Tech

Evolving Consumer FinTech

Health Innovation Industrial Revolution Multi

Sustainability

Grand Total $63,179M

$12,948M

$12,447M

$8,507M

$7,064M

$4,652M

$10,663M

$6,897M

$6,115M

$2,139M ($250M)

$1,177M ($830M) ($174M)

$4,666M ($613M)

$2,155M

$635M ($1,997M)

$574M ($773M) ($250M)

$3,591M

$375M

($797M)

$36M ($652M) ($37M) ($134M) ($23M)

$80M ($66M)

$128B

$22B

$28B

$17B

$9B

$8B

$16B

$28B

178 33 28 22 14 14 38 29

Thematic Landscape Assets & Flows

Oct 20 Nov 20 Dec 20 Jan 21 Feb 21 Mar 21 Apr 21 May 21 Jun 21 Jul 21 Aug 21 Sep 21

0B 5B 10B 15B

Thematic Monthly Flows Ticker Fund

KWEB KraneShares CSI China Internet ETF MSOS AdvisorShares Pure US Cannabis ETF CIBR First Trust NASDAQ Cybersecurity ETF AWAY ETFMG Travel Tech ETF

LIT Global X Lithium & Battery Tech ETF PBW Invesco WilderHill Clean Energy ETF TAN Invesco Solar ETF

FINX Global X FinTech ETF BUG Global X Cybersecurity ETF

GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index

$61M $56M

$51M $34M

$20M $14M

$13M $13M

$11M $10M Thematic 1 Week Flow Leaders

Ticker Fund

ARKK ARK Innovation ETF ARKG ARK Genomic Revolution ETF ARKW ARK Next Generation Internet ETF ARKF ARK Fintech Innovation ETF ONLN ProShares Online Retail ETF

ARKQ ARK Autonomous Technology & Robotics ETF IBUY Amplify Online Retail ETF

DRIV Global X Autonomous & Electric Vehicles ETF WCLD WisdomTree Cloud Computing Fund ARKX ARK Space Exploration & Innovation ETF

($637M) ($124M) ($122M) ($50M) ($42M) ($33M) ($29M) ($15M) ($15M) ($12M) Thematic 1 Week Flow Laggards

Global Thematic Flows

* ETF Landscape represented using the ETF Action classification systemLeaders/Laggards/Overbought/Oversold ETFs must have $50 million to qualify *Flows delayed one day

Disruptive Tech Evolving Consumer FinTech Health Innovation Industrial Revolution Multi Sustainability

September 29, 2021

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O ct 2 0 N ov 2 0 D ec 2 0 Ja n 21 Fe b 21 M ar 2 1 Ap r 2 1 M ay .. Ju n 21 Ju l 2 1 Au g 21 Se p 21 0B

5B 10B

Developed ex-U.S. Monthly Flows

Oct 20 Jan 21 Apr 21 Jul 21 Oct 21

0B 10B

Developed ex-U.S. 30-Day Rolling Flows

Hong Kong (EWH) Switzerland (EWL) U.K. (EWU) Japan (EWJ) France (EWQ) Dev ex-U.S. (EFA) Australia (EWA) Germany (EWG) Canada (EWC) Netherlands (EWN) South Korea (EWY)

-1.00%

0.00%

1.00%

2.00%

-0.06% -0.21% -0.23% -0.28%

-0.48% -0.52%

-1.00% -1.16%

1.57%

0.34% 0.19%

Developed ex-U.S. 1-Day Performance Top 10 Countries

Ticker Fund

DXJ

WisdomTree Japan Hedged Equity Fund

HEWJ

iShares Currency Hedged MSCI Japan ETF

DBJP

Xtrackers MSCI Japan Hedged Equity ETF

IVLU

iShares MSCI Intl Value Factor ETF

FLJP

Franklin FTSE Japan ETF

EWO

iShares MSCI Austria ETF

EIS

iShares MSCI Israel ETF

BBJP

JPMorgan BetaBuilders Japan ETF

EWJ

iShares MSCI Japan ETF

FNDF

Schwab Fundamental International Large Co. Index ETF

58.43 54.44 54.29 47.97 47.89 47.55 47.54 47.01 46.52 46.31 Developed ex-U.S. Most Overbought

Ticker Fund

RFDI

First Trust Riverfront Dynamic Developed Internatio..

EUDG

WisdomTree Europe Quality Dividend Growth Fund

IQDG

WisdomTree International Quality Dividend Growth ..

EFAD

ProShares MSCI EAFE Dividend Growers ETF

EWL

iShares MSCI Switzerland ETF

QLVD

FlexShares Developed Markets ex-US Quality Low V..

PIZ

Invesco DWA Developed Markets Momentum ETF

IDLV

Invesco S&P International Developed Low Volatility ..

EFAV

iShares MSCI EAFE Min Vol Factor ETF

FSZ

First Trust Switzerland AlphaDEX Fund

24.55 25.82 26.41 26.57 26.62 27.55 27.57 27.89 28.06 28.56 Developed ex-U.S. Most Oversold

Ticker Fund

EWH

iShares MSCI Hong Kong ETF

LVHI

Legg Mason International Low Volatility High Dividend ETF

DBEU

Xtrackers MSCI Europe Hedged Equity ETF

DXJ

WisdomTree Japan Hedged Equity Fund

DBEF

Xtrackers MSCI EAFE Hedged Equity ETF

GREK

Global X MSCI Greece ETF

HEWJ

iShares Currency Hedged MSCI Japan ETF

HEFA

iShares Currency Hedged MSCI EAFE ETF

DBJP

Xtrackers MSCI Japan Hedged Equity ETF

DTH

WisdomTree International High Dividend Fund

1.57%

0.80%

0.50%

0.45%

0.44%

0.42%

0.39%

0.37%

Developed ex-U.S. 1-Day Performance Leaders

Ticker Fund

EWUS

iShares MSCI United Kingdom Small Cap ETF

EWY

iShares MSCI South Korea ETF

DMXF

iShares ESG Advanced MSCI EAFE ETF

EWD

iShares MSCI Sweden ETF

EWN

iShares MSCI Netherlands ETF

AIA

iShares Asia 50 ETF

IEUS

iShares MSCI Europe Small-Cap ETF

AAXJ

iShares MSCI All Country Asia ex Japan ETF

PIZ

Invesco DWA Developed Markets Momentum ETF

IMOM

Alpha Architect International Quantitative Momentum ETF

-1.45%

-1.16%

-1.08%

-1.02%

-1.00%

-0.96%

-0.95%

-0.89%

-0.78%

Developed ex-U.S. 1-Day Performance Laggards

Sep 20 Dec 20 Mar 21 Jun 21 Sep 21

65 70 75 80

Developed ex-U.S. (EFA)

200 Day Moving Average 50 Day Moving Average Closing Price

Developed Markets ex-U.S. Performance

* ETF Landscape represented using the ETF Action classification systemLeaders/Laggards/Overbought/Oversold ETFs must have $50 million to qualify *Flows delayed one day

September 29, 2021

(9)

In do ne si a (E ID O ) Br az il (E W Z) So ut h Af ri ca (E Z. . M al ay si a (E W M ) In di a (I N D A) Ru ss ia (E RU S) Th ai la nd (T H D ) M ex ic o (E W W ) Em er gi ng M ar ke ts (E EM ) Ch in a (M CH I) Ta iw an (E W T) -1.00%

0.00%

1.00%

-0.04% -0.08%

-0.55%

-0.71% -0.80% -0.93%

-1.13%

-1.50%

0.95%

0.62%

0.24%

Emerging 1-Day Performance Top 10 Countries

Ticker Fund

QAT

iShares MSCI Qatar ETF

EPI

WisdomTree India Earnings Fund

ERUS

iShares MSCI Russia ETF

INDY

iShares India 50 ETF

NFTY

First Trust India NIFTY 50 Equal Weight ETF

SMIN

iShares MSCI India Small Cap ETF

RSX

VanEck Russia ETF

INDA

iShares MSCI India ETF

PIN

Invesco India ETF

KSA

iShares MSCI Saudi Arabia ETF

71.67 58.36 58.06 56.54 56.48 55.08 52.80 52.75 51.94 50.88 Emerging Most Overbought

Ticker Fund

EYLD

Cambria Emerging Shareholder Yield ETF

TUR

iShares MSCI Turkey ETF

FEMS

First Trust Emerging Markets Small Cap AlphaDEX F..

AFK

VanEck Africa Index ETF

ADRE

Invesco BLDRS Emerging Markets 50 ADR Index Fund

BICK

First Trust BICK Index Fund

FRDM

Freedom 100 Emerging Markets ETF

GEM

Goldman Sachs ActiveBeta Emerging Markets Equit..

DGRE

WisdomTree Emerging Markets Quality Dividend Gr..

PIE

Invesco DWA Emerging Markets Momentum ETF

28.82 29.47 31.68 32.50 33.20 33.49 33.51 33.53 33.74 33.97 Emerging Most Oversold

Oct 20 Jan 21 Apr 21 Jul 21 Oct 21

0B 5B 10B

Emerging 30-Day Rolling Flows

Ticker Fund

EIDO

iShares MSCI Indonesia ETF

NFTY

First Trust India NIFTY 50 Equal Weight ETF

SMIN

iShares MSCI India Small Cap ETF

EWZ

iShares MSCI Brazil ETF

EWZS

iShares MSCI Brazil Small-Cap ETF

EPI

WisdomTree India Earnings Fund

FLBR

Franklin FTSE Brazil ETF

QAT

iShares MSCI Qatar ETF

EZA

iShares MSCI South Africa ETF

PIN

Invesco India ETF

0.95%

0.79%

0.62%

0.59%

0.56%

0.52%

0.40%

0.24%

0.21%

Emerging 1-Day Performance Leaders

Ticker Fund

EYLD

Cambria Emerging Shareholder Yield ETF

EWT

iShares MSCI Taiwan ETF

PGJ

Invesco Golden Dragon China ETF

PIE

Invesco DWA Emerging Markets Momentum ETF

GXC

SPDR S&P China ETF

KBA

KraneShares Bosera MSCI China A Share ETF

MCHI

iShares MSCI China ETF

FEMS

First Trust Emerging Markets Small Cap AlphaDEX Fund

SDEM

Global X MSCI SuperDividend Emerging Markets ETF

XSOE

WisdomTree Emerging Markets ex-State-Owned Enterp..

-1.63%

-1.50%

-1.45%

-1.32%

-1.23%

-1.14%

-1.13%

-1.11%

-1.10%

-1.02%

Emerging 1-Day Performance Laggards

Oct 20 Nov 20 Dec 20 Jan 21 Feb 21 Mar 21 Apr 21 May 21 Jun 21 Jul 21 Aug 21 Sep 21

0B 5B 10B

Emerging Monthly Flows

Sep 20 Dec 20 Mar 21 Jun 21 Sep 21

45 50 55

Emerging (EEM)

200 Day Moving Average 50 Day Moving Average Closing Price

Emerging Markets Performance

* ETF Landscape represented using the ETF Action classification systemLeaders/Laggards/Overbought/Oversold ETFs must have $50 million to qualify *Flows delayed one day

September 29, 2021

(10)

Sep 20 Dec 20 Mar 21 Jun 21 Sep 21 114

115 116 117 118 119

Fixed Income (AGG)

200 Day Moving Average 50 Day Moving Average Closing Price

Sep 20 Dec 20 Mar 21 Jun 21 Sep 21

19 20 21 22 23 24 25 26 27 28 29

Commodities (DJP)

Sep 20 Dec 20 Mar 21 Jun 21 Sep 21

24 25 26

Currencies (UUP)

Ticker Name 1 Day 1 Month YTD

AGG U.S. Aggregate SHY 1-3 Year Treasury Bonds IEF 7-10 Year Treasury Bonds TLT 20+ Year Treasury Bonds TIP TIPS Bonds

FLOT Floating Rate Bonds LQD Investment Grade Corporate HYG High Yield Corporate BKLN Senior Loan

PFF Preferred & Income Securities MUB Municipal Bonds

MBB MBS

EMB Dollar Denominated EM Bonds LEMB Local Currency EM Bond

-1.65%

-0.93%

0.07%

-0.13%

-0.11%

0.03%

-3.56%

-1.71%

0.10%

-7.53%

-3.30%

0.17%

3.19%

-1.10%

0.05%

0.54%

0.13%

0.06%

-1.96%

-1.31%

-0.02%

3.07%

-0.11%

0.18%

1.86%

0.52%

0.23%

4.38%

-0.76%

1.04%

0.30%

-0.79%

-0.11%

-0.90%

-0.46%

0.04%

-2.61%

-2.33%

0.09%

-6.54%

-2.58%

-0.35%

Fixed Income Performance

DJP Broad Commodities DBE Energy

USO WTI Crude Oil BNO Brent Crude Oil UNG Natural Gas UGA Gasoline DBP Precious Metals

GLD Gold

SLV Silver PPLT Platinum PALL Palladium DBB Base Metals CPER Copper

LD Lead

JJN Nickel JJU Aluminum

JJT Tin

DBA Agriculture CORN Corn SOYB Soybeans WEAT Wheat CANE Sugar BAL Cotton

NIB Cocoa

JO Coﬀee

31.69%

3.67%

-1.20%

54.61%

8.20%

0.12%

58.50%

8.66%

-0.15%

59.16%

9.51%

-0.05%

104.78%

22.82%

-6.45%

56.60%

4.65%

1.87%

-12.58%

-6.51%

-1.23%

-9.55%

-5.21%

-0.45%

-18.80%

-10.66%

-3.99%

-11.71%

-5.71%

-1.30%

-24.79%

-23.41%

-1.26%

22.02%

2.13%

-1.27%

17.34%

-4.05%

-1.96%

6.82%

-7.46%

-1.46%

8.02%

-5.32%

-1.69%

44.01%

9.29%

-0.88%

98.82%

7.41%

-0.73%

17.72%

-1.66%

0.00%

29.97%

-1.56%

0.95%

14.79%

-2.08%

0.40%

12.28%

-2.39%

0.58%

38.67%

-3.41%

-0.74%

25.12%

7.61%

2.03%

-2.21%

0.56%

0.99%

42.56%

1.12%

-2.50%

Commodities Performance

UUP Long Dollar

UDN Short Dollar

FXE Euro

FXB British Pound Sterling

FXF Swiss Franc

FXY Japanese Yen

FXC Canadian Dollar

FXA Australian Dollar

4.58%

1.85%

0.72%

-5.37%

-1.86%

-0.68%

-5.82%

-1.84%

-0.84%

-2.19%

-2.55%

-0.94%

-6.16%

-2.58%

-0.59%

-8.24%

-2.05%

-0.43%

-0.61%

-1.21%

-0.60%

-7.29%

-1.97%

-0.92%

Currencies Performance

Fixed Income, Commodities & Currencies

* ETF Landscape represented using the ETF Action classification system**Leaders/Laggards/Overbought/Oversold ETFs must have $50 million to qualify

September 29, 2021

(11)

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Calculations of fundamental data are based on weighted averages of reported results and consensus estimates of current ETF constituents. Valuation data (price/earnings, price/sales, price/cash flow, price/book value) are calculated using per share data divided by current NAV of corresponding ETF. Performance, risk and technical data (moving averages, relative performance, RSI) calculated for specified periods using ETF market price which may differ from net asset value (NAV).

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