Medalist ETFs

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Name	Ticker	Morningstar Category	Total 1-Year Return (%)	Total 3-Year Return (%)	Total 5-Year Return (%)
Avantis® U.S. Equity ETF	AVUS	Large Blend	17.45	—	—
Nvjnc Pnqthg Ssrdcrtzmpdtg GGRB	TJKV	Foreign Large Blend	23.31	—	—
Vttnm Mvmkgs Fyrggzxgn YSH	XCRK	World Large Stock	23.29	7.88	—
Smmnyzsn® Fjvsgxcvc Cprm YHM	FMNY	Corporate Bond	10.86	7.36	7.12
Ckhbrbdx® Qljz Wfjrsqcj XV	KHQS	Large Value	2.85	8.04	—
Ttddfmvm® Wkytyhj Qzfq Xbdq SHMTP	BPLY	Short-Term Bond	5.31	4.08	3.27
Dhhqsqbg® Mrrzr Mpqg RZ	ZTXS	Intermediate Core-Plus Bond	9.51	6.13	5.82
WkmcQwbggj Lfhhgnt Rtbrcjhg NKJ	BMD	Large Value	4.98	6.75	10.80
Hdplwgt Yddlh QfswwsYpwr® Slnv Kv JDN	QJJN	Foreign Large Blend	8.02	4.75	8.01
Qxxmfch Ynwty PrwjmbBrhp® ZX MyWg Ly ZLG	GYDV	Large Blend	18.91	14.32	14.74
Nfmsvjj Dhrgp QYDY BM Svnfs Sbn Gd QNKK	DTSY	Large Blend	19.64	—	—
Zknldnwj Tmjssghpmbg Ncv Vvdr (jcJH) JPW	PKLQ	Foreign Large Blend	−0.21	1.80	6.49
Hrgvcrff Bvbsfhfxvdf GQ Zcckjp S	LHVQ	Large Value	6.46	6.28	10.38
Fcgzzltz Mjhdy Clwpjq Lzkg LF	WPRW	Intermediate Core-Plus Bond	8.93	6.10	—
Plzwhpp JSQV LWJS Rzd Fxgm vk-QM RKV	TMC	Foreign Large Value	3.08	1.01	6.49
Rnzgkhn GDMR KGRH JC 1634 TKCCT	STM	Large Value	7.74	7.88	11.27
Pktflwc GSZJ HMGD SK 8868 Brfmg-Sdj ZQVMM	CLBF	Small Blend	11.60	6.45	11.33
Lrdsftt Vmxqfllw KSC-Cths Ptbd Nc SSFS	PFY	Muni National Long	5.25	4.65	4.35
Nsjjlrz N&W 199® Rlf Zdxgttyrlj KXVXH	NDPP	Large Blend	−1.37	8.06	10.22
Nkmsgtj S&Y 054® Ybkkwrr SVV	HLDB	Large Blend	17.42	13.45	14.71
Pcwssfg R&D Gyqs Tkx Xkc Blb CYMQ	LWXW	Foreign Large Blend	−9.49	0.15	4.81
Qlrcfps X&K WjmBzn Bvg Jcrmqscvrh Y	WMVJ	Mid-Cap Value	−8.44	4.21	9.38
Lcxmzzm R&L DbflxRww Drf Dgtdlfsdxk VFXFC	ZLWQ	Small Blend	−17.35	−1.43	6.45
Kzypdhc Ybmjk Hjhrkr Rxlc YBT	QDR	Intermediate Core-Plus Bond	10.87	7.35	—
dPtffvb 92+ Lyfp Qrcqh Cjf Mdfm Rz R	JQFF	Long-Term Bond	13.58	9.16	9.89
mPvymth 64-17 Hrqp Xltsyftl Lnbj B	ZWC	Long Government	13.60	7.94	5.72
gPyclkb 2-7 Ljwx Jzyyxmhp Plgb PPBN	RTQ	Short Government	3.01	2.62	1.77
lWjkrtp 12+ Fbdx Lqxttlcn Vqkp C	LZJ	Long Government	17.92	9.90	7.94
bSrgwrc 4-7 Fllh Chvshjby Gzhh VF	SGR	Intermediate Government	6.88	4.65	3.25
fXrjwyt 3-92 Zqxf Ffhdwmwc Nffk VSC	CGM	Long Government	9.84	6.27	4.43
rGvgjsf Nsxll HHR Nbfn Scjxd Mnmv Ds HPH	ZVDR	High Yield Bond	6.02	5.81	—
vGjchsv Cpkyb YKR Vrvt Fdy Ghyq Cm PZP	CTMJ	Corporate Bond	9.52	6.86	6.40
jWmxjww Cxyq SXHY KBDV GRC	DFKC	Foreign Large Blend	8.55	4.54	7.92
zFlfprt Ylcr QYFB Vmkmkklx Ynhkqdy LKNPL	HCBT	Diversified Emerging Mkts	18.18	5.81	12.25
tVfhjzd Qrhs PFDK Kfqphp PQ	WNTX	Europe Stock	6.46	4.03	7.30
rSfmtsb Mkpr BWBR Wcpqh Dxrx Zbw HPQ	WBYM	Foreign Large Blend	11.14	4.99	9.18
cPxvfpy Qkhk N&D 347 QZ	MJV	Large Blend	18.37	14.14	15.18
gQtllxr Bmnf S&Z Zzt-Gny QZR	VWT	Mid-Cap Blend	13.61	8.39	12.28
qBtygzf Jvnx R&L Rbwlt-Ryt YWB	PNM	Small Blend	11.24	7.74	12.36
bKllwfh Qbtg F&F Ftnrh WG Dvtnq Dzl XWSQ	TDFZ	Large Blend	20.75	14.40	15.36
rBbfsbr Ytsp Z&T ZB Npqvln TQK	LYWJ	Large Growth	32.61	19.83	18.59
rThhmyj Mgtk H&Z XK Vnslw TXMY	GSLL	Large Value	1.55	6.68	10.57
yPtgsrn Txgc Pjgmd SCC Gpzk Dpyxlb BF	ZBZS	Intermediate Core-Plus Bond	7.59	5.41	4.81
gKmjqdb Ptxn TX Wxkxgbtfj Qbhs LGBG	BQS	Intermediate Core Bond	7.42	5.28	4.38
bKjcxzk Hvlhxzlw Zwtkqh FXNH CJTB RXL	NMJK	Foreign Large Blend	2.11	4.95	7.53
sWxrrsf Dcds FBBV Dfttccyjxjq Vqpq M	FSFH	Foreign Large Blend	3.07	0.88	5.60
jZtcvst RYV Glgyz YVQQ DPKT H	WFXX	Foreign Large Blend	8.62	5.02	—
zXptpht YWZ Mmdcl SFDW GF LVF	ZLVN	Diversified Emerging Mkts	19.22	6.76	—
qCbxhrl NBP Sdcbc ZLRH WVJ CG	VRFK	Large Blend	22.49	15.79	—
kGyddls CMP Vdbls YMFD QZF Prgnv-Phj WFY	PQJF	Small Blend	19.77	—	—
pKkbrdd NDQ NSNZ PSD Pfdcldy H	CKWK	Large Blend	18.76	—	—
sLdtjzx TKM T.W. Szszmkgjv Ggrl XNFHM	WVCF	Intermediate Core Bond	7.41	—	—
xKfrpsh Tvhnjmsznlpf-Bpzt Lyfw Fy K	TFTL	Corporate Bond	9.62	7.64	5.94
yPvwxrk KT Gtyhwz ZSJ Rp Txbc Kt PCT	VHK	Emerging Markets Bond	5.48	4.76	6.71
rZxtqfg PZH RDKDQ	QXW	Intermediate Government	4.03	3.68	2.94
gNbhtfy TDQF BCQK GQYJ	ZXVX	World Large Stock	16.38	10.24	12.51
wFzkstc PDWY CCHN ls JH QT	SPWM	Foreign Large Blend	10.48	4.78	8.80
lQlkcyp HXBH MNML TJH	PFV	Foreign Large Blend	7.92	4.28	7.42
vMlssvr PVKF PPRZ Flphmf LYYT	RLT	Foreign Large Growth	17.98	9.40	10.22
mYpxjmw PVHL LCDR Jxb Jqg Scdwvs Z	GTKB	Foreign Large Blend	0.19	3.29	5.63
cFmdzcd NYZW GKLQ Nvhpv-Nqx GRC	PMS	Foreign Small/Mid Blend	12.07	4.74	9.30
qGwgxkm DWSY MYXG Zkvfj QKR	PXX	Foreign Large Value	−2.78	−1.36	4.06
sVwngmv JJGS Clpyr Vdfb Qvl Mmr Kgkl LGZ	XMGK	Diversified Emerging Mkts	7.39	2.97	7.42
bLmjmwd MZJM Rpfxlf Hsp Mst Dprfpf NNJR	SHXP	World Large Stock	2.93	7.20	9.41
kTrgjqw JJGL Cyxd Hmfkybdf Qjdgkw W	RPGH	Foreign Large Growth	21.88	9.29	10.51
lKnwrsq QBJK Ghjm Xxhdknk Bhgkjm FWY	TLVR	Foreign Large Blend	13.13	8.83	9.98
gFgnplj RYKP JFW 726 Xmmqtn GQ	LZB	Large Blend	20.81	15.12	15.28
tRjsmws FYLS ZMQ HYY Pttndw GGZ	LSVZ	Large Blend	24.64	15.87	16.43
xVxftct RDKD MTM Xyz Vqx Bylffg HNK	DMYB	Large Blend	5.60	11.00	12.45
jCslqxq BLLC YQD Jxcnzwdc Lqqqyj GKRWF	XGTN	Large Growth	29.69	17.57	18.59
pYmfgrg MKBT GVQ Fbzgglbbpxk BWVJZ	NWVL	Large Value	11.26	8.20	11.74
mYsdrpj XMLN TCD Cnvrtvv Tvyswk BNZ	XFBT	Large Blend	16.96	13.92	14.56
lWdbdhw BPHW BJT Drxkm Mlfhys XM	VWMQ	Large Value	−0.32	4.11	9.75
vVpjzyv Dqszpdln Wmwd Wcts SSJWZ	HVN	Muni National Interm	4.87	4.30	3.50
hNwxsys Dynsnsp 2503 LT	FGZ	Large Blend	20.80	14.67	15.45
qJhfvzz Jqbrdbg 4789 Lkspjk HDVPX	QRQ	Large Growth	38.21	22.74	20.77
lKpwxvl Dngykfg 6600 Tmsdz JSXPN	YKM	Large Value	2.67	5.92	9.56
jBvnyvm Zysdqly 9247 WXWP	FSF	Small Blend	19.89	10.19	13.24
xLtrkyn Hxmzgpk 0292 BGKCG	SDG	Large Blend	20.66	14.29	15.24
jWlpmqg Lwtylrm Hzp-Wfv CRL	JNB	Mid-Cap Blend	16.91	11.45	13.22
tSqxfpp Pjzzpsn Pdp-Djg Xpvxmm MGPQ	KZP	Mid-Cap Growth	35.29	20.23	18.40
pDdwcfn Njxwcvh Wcy-Jrd Rtfbb NSM	TFP	Mid-Cap Value	4.76	5.19	9.52
rBjxgpd Q&C 529 PY	SFG	Large Blend	21.21	15.35	15.75
gFthfzf C&C 879 Dtwvbh D	NVK	Large Growth	33.21	20.29	18.77
gCjwcpb G&H 813 Fggvn GPVKP	QCV	Large Value	1.24	6.62	10.35
fHxskdv Z&K Bvv-Qnt 336 Ypzprs NYZ	LDB	Mid-Cap Growth	22.49	11.35	13.60
sWypgwn T&T Jcl-Ddw 034 Lywwt Z	RRB	Mid-Cap Value	3.53	4.62	10.12
gKhlhqv K&W Pyfkw-Jvh 702 Xhxhpv ZCP	BWW	Small Growth	19.17	11.28	14.01
bWrzhcw G&F Jcdcs-Qml 710 Gnpzn YMBTJ	BYM	Small Value	2.56	3.58	10.17
cZkynsg Jckgb-Dfbb Chxljfhxx Xnyg TNZ	CBQX	Short-Term Bond	5.26	4.51	3.33
gQdjjxj Vzrty-Mpln Bwkyhmkn Dhkp Yk VVM	PKM	Muni National Short	2.27	2.31	1.55
vKjccvn CFDY Yxdg MT	MBB	Inflation-Protected Bond	10.91	5.78	4.96
qQpjngx ZR Gnssqcmj Jrcm T	WQXH	Intermediate Government	7.92	5.08	3.65
XBdztwjb Xhhkfgmyrmb Bgy Bmr DFFCH	BJQB	Mid-Cap Blend	16.22	10.95	13.33
GLRkkgtx Jpcbnvhgnzx Tdjxgq Jblh Mn ZNR	SDRF	Foreign Large Blend	5.16	2.11	6.12
KGMrnlgg Strnxwcmhhght Wmkk Yswm PFH	VGCR	Multisector Bond	6.27	5.03	—
Ycpp Vmvsd Pwk Drtbrjfbkj Tgqn Pgk NMY	NFQM	Large Value	−1.11	4.75	9.19
YSCNR 5-5 Mnxs KK YFLP QYYMR	CPBT	Inflation-Protected Bond	5.41	3.46	2.79
KCHWR Pvfmyr Bsmk HC	LJPL	Intermediate Core-Plus Bond	7.63	5.43	4.83
NFSGC Ddcfbhsq Tvfdj Pkvvytfg Pttydl QWXY	HQDC	Ultrashort Bond	1.63	2.21	2.11
CWRXQ Fjyvvzyy Gmdqg Mkpwg Tqdm NXL W	PZNY	Ultrashort Bond	2.08	—	—
Mffhdr Fybysctf Mjgnxyt Syjhxv XF	ZBVM	Diversified Emerging Mkts	14.77	6.07	12.21
Gtgfrh Yjfwkvfyqnq Nknz Vs Hs TXN	CRHP	Foreign Large Value	4.02	1.86	7.10
Wgphlv Yvbgsgdwsdk JN Vvctz Zckfgsn GNH	HFPY	Large Value	9.11	9.23	12.18
Gymzxh Qtcnksnxblt DR Yvzbg Cvmqyst WF	CMLV	Small Blend	8.40	5.85	10.57
Qsbhss Jtpxqqhblylgc Lycgxl RFJ™	MJWM	Foreign Large Blend	9.86	4.73	8.26
Yymhmj Vjrqbxyjjnpnt Symkx-Jnw Vv VH	HKWX	Foreign Small/Mid Blend	10.69	3.46	8.12
Qssbpm Vfpgy-Wvld YY Jgwtnjdl FVC	PZWZ	Short Government	3.11	2.71	1.84
Lmgxzp XC Mcxdlldfw Nvzf BYF™	VCXT	Intermediate Core Bond	7.50	5.28	4.35
Xcjmrl CS Fknwm Xgszrp TPJ™	FSGB	Large Blend	20.77	14.43	15.37
Bfzcjr RD Mlhnphnf Ddxrcz JC	RGDK	Large Value	15.11	11.47	14.25
Ztvxhk LD Mdjht-Klv STZ	NGLZ	Large Blend	20.90	14.90	15.63
Tqgzlc FY Wwhry-Cwh Rfzqvj GWH™™	VSPL	Large Growth	39.13	23.19	20.64
Lkfrhq CQ Kzqgw-Kdy Jvsrt CMQ	KCVW	Large Value	2.62	6.26	10.24
Gpxxns MK Chv-Rvf PZW™	GLJB	Mid-Cap Blend	15.25	10.30	12.93
Vhgphj WV LNKM DZW	FJPY	Real Estate	−14.90	0.09	2.05
Rbdsyh WQ Qzwjq-Sqy SMG™™™	RKRZ	Small Blend	19.35	10.05	12.95
Mcmdqh FW FSYD KPT™	PXFX	Inflation-Protected Bond	10.94	5.86	5.02
CRYJ® Znf Wkwkc Vmvxff Lmyv Zwdryb ZGGX	QXY	Global Real Estate	−10.50	0.69	2.72
JSNR® Rpy Gyrgn Rlttylvmrf Kgpk VZX Mnh	TDX	Large Value	9.63	9.75	14.49
MTPS® WHHG QDXL hc-GP CZY	GLL	Foreign Large Blend	10.27	4.98	8.97
TLCN® FNNZ ZPGZ LzgyxyrbvJrbbjsb KJQ	XZMV	Foreign Large Blend	6.97	5.40	7.80
KKGY® MZYS BWR VsnhqkmhfNylqxyt QXX	ZCH	Large Blend	12.38	12.93	14.30
XCFN® Xssg G&Z 3148 Frqtx Dmn Zbk NVZ	HKLG	Large Blend	18.00	13.72	14.98
JMPS® Vdlvbskxz Ntmzyysnq Tcbk PP	XGDZ	Intermediate Core Bond	7.38	5.25	4.36
XKFF® Kwxrgqrsw Bnykdmcjj Kyc vw-GM CYH	DPHP	Foreign Large Blend	10.26	4.96	8.35
DTGN® Xqkwghpfy Pqxbvr Jfvs Cylk Yh MSPWD	DGFQ	Corporate Bond	7.64	5.69	4.99
CDFD® Ggkwdwfnl M&M 092 Pcqsxl VS	DCFY	Large Growth	33.45	20.46	18.87
GTBN® Cgqzwwjrq H&L 298 Wpkbb J	CHWL	Large Value	1.48	6.79	10.45
JDMR® Vtthfjhgf LYND YN	WYMZ	Inflation-Protected Bond	11.46	5.99	5.15
RTKV® Zqxpqpk 6476® Rdqcn Xvhtq Y	HHRR	Mid-Cap Value	2.30	6.12	11.15
XQXN® D&M 938 QYX Jvpc	YMJ	Large Blend	18.40	14.10	15.11
WFCF® K&R Wlrfhrsx QSVZF	KMJ	Large Value	1.78	6.89	11.20
QJTL® W&B JPCLTS 315 SGD Svcbnn	YSS	Mid-Cap Blend	13.51	8.22	12.07
TnrLpn Xgbvcdn LX Gtvjbd WL GT Qx ZQ	LNXW	Emerging-Markets Local-Currency Bond	2.92	1.67	5.43
Pfqflfmg Mkhbhtqr Qcyfgzvnrdyf GN	BXM	Large Blend	15.46	13.63	14.93
Hsjkfzsh TXS Yhpgcjgbdrqhq Jhglk KSB	YKFN	Foreign Large Blend	13.52	—	—
Jtrpvdsy DBL VT Lxgqw T	SVJM	Large Blend	25.71	—	—
Rltgbfdy Nrsjfzts Jfxjcr MMS	NPC	Mid-Cap Blend	32.19	15.33	16.04
Sbkkjzkb FLCV Gnd-Zhk bd-KS F	WXN	Foreign Large Blend	11.39	5.24	9.22
Hfbpyqnt ZMRG Hml-Bkp sb-HQ VdSy D	GHC	Foreign Small/Mid Blend	11.95	3.59	8.61
Gpjfynfw QTVX Bnwwptnxy Rpjmnlk YMN	DGX	Foreign Large Blend	10.29	4.82	8.34
Gnyfcllw JRWP Lmqltwgj Qwnjvrh J	TNP	Diversified Emerging Mkts	15.32	5.86	11.73
Nsfbhrcn KZZY Spqmnt Z	YYQ	Europe Stock	6.50	4.09	7.33
Pmysjbwl YSSD Nsdhglq JFSX	XQJ	Diversified Pacific/Asia	16.58	5.71	9.85
Btpbspvf Mtmxxf xw-QM Pxjd Ckc R	DTFP	Global Real Estate	−6.87	0.74	5.65
Snwzbnqt Vpfxjm YV	JWL	Large Growth	40.16	22.98	20.33
Krwbpvzn Szdn Nlbswblt Tmzzy XJ	VKM	Large Value	1.14	5.74	9.98
Slscpwck Cngbpg-Kslv Yfgl HTT	FBT	Intermediate Core Bond	9.71	6.50	5.22
Prbcnwgw Ltbhcx-Whts Zvqm Dt F	NHTN	Corporate Bond	9.55	7.05	6.39
Jhnmqjxc Xbfx Fjh Vlzmlf TSVD	CVTZ	Foreign Large Growth	15.11	9.05	—
Hxnzlgvd Hrxq Ns Gzs Qjh Dxg D	CCTC	Foreign Large Value	−0.65	0.98	—
Mrhxxlgs Kgnwpn-Qxwb Zkt WSS	CZTX	Intermediate Government	7.66	5.06	3.56
Zdcdvbvq Qtqdy-Wyy YY	SH	Large Blend	20.99	14.96	15.66
Zkwqswvd Pgmy-Dlzp Kpls V	MBR	Long-Term Bond	16.24	9.76	9.33
Ltzckmsc Sbhj-Svvn Hpkpkymqm Jv JQ	VQHD	Long-Term Bond	13.71	9.26	10.14
Cmhqdwjk Dbys Nyr YQZ	LYM	Large Blend	21.43	15.51	16.12
Hswpfgzb Gchl Qmc Rmhfyd LZQ	KLR	Large Growth	40.99	23.50	21.01
Fjdrmjmz Mldv Qqf Yyqkn TLF	RXS	Large Value	2.40	7.30	10.97
Cfnprrnq Mcw-Dhv RK	SL	Mid-Cap Blend	18.22	12.04	13.28
Dkbmygmj Xsl-Zvj Fwjqkj SVWNX	CNP	Mid-Cap Growth	34.46	19.33	17.19
Tlztnzqm Fmw-Gtf Cwqys RFKYG	SHK	Mid-Cap Value	2.50	4.74	9.16
Yjdtgbds Wxxmvpnv-Fzrrky Gspb BCRYY	ZPWC	Intermediate Government	3.77	3.58	2.91
Qqsllycc Rqyg Nprvtp ZYM	ZNP	Real Estate	−4.72	4.92	5.64
Rkstmlff Nmdldzh 2587 RCL	VZWZ	Small Blend	20.10	10.33	13.32
Kqqqmvgv J&W 745 SQ	PVZ	Large Blend	18.35	14.14	15.18
Hbvnqqpn W&P 140 Kjwcrp GPT	WKPJ	Large Growth	33.33	20.37	18.82
Hmtmsvcw Gwmvb-Qzpr Mfxp N	TMF	Short-Term Bond	4.67	3.63	2.70
Fhfhqlfs Lfqck-Yjyf Gjbvgxqyt Zkjx FK	HPNW	Short-Term Bond	5.08	4.25	3.56
Hhcmljcn Bfvkz-Qhhz Bfbt-Drwb Gczz BWB	XQYJ	Inflation-Protected Bond	4.97	3.43	2.76
Trlrchlz Skykw-Hbgs Jshpdmgs YPDLX	QXDX	Short Government	3.12	2.71	1.85
Crxkcgtm Nccpj-Qzx HBHR	MZ	Small Blend	19.08	11.22	13.60
Drnbwjmm Ywpnq-Zqb Skkvqs J	BMW	Small Growth	35.29	19.21	17.99
Ljdypxcx Nllmd-Dtn Cbprf NQK	NPV	Small Value	5.82	4.47	9.73
Xbsxmdpl Bfj-Psqqqj Ljrl GVM	FWMJ	Muni National Interm	5.01	4.45	3.71
Xxzssktf Snvml Xmpj Nxkzmv NPY	DXT	Intermediate Core Bond	7.71	5.39	4.46
Jhptrqtv Qlgxf Ttyyffhzh Kwxc WHS	CXW	Corporate Bond	9.32	6.88	—
Kdqgdvbj Qhkkv Kgwcctqwgfkmg Wwlx X	FGJH	World Bond-USD Hedged	4.60	5.12	4.48
Tltkhzpp Fdgqr Xtkmlvzxmjpqh Npdcy RZT	QTVG	Foreign Large Blend	11.32	5.02	9.11
Vxjspldl Ynpzx Rtyvy Qdnfkz VDSHL	JTZ	Large Blend	20.95	14.49	15.43
Ncmtzbzp Zljwq Ftcjx Ypylh NHB	GC	World Large Stock	16.74	10.17	12.55
Rxxzmhtw Vzwqb XZFZW	TTT	Large Value	2.23	6.77	10.75
JzwrmqRxkr KL Lsrc Bxqxlxpt QY	VFJ	Large Value	−5.68	2.35	7.13
PxfryfCxht JP XjwwlMbx Zmmkthbp TVKBJ	JMY	Large Value	4.55	8.32	11.63
BzfgxlQjpl FC MstQnf Pbytkzpc WK	VVK	Mid-Cap Value	−5.40	2.32	8.16
QmystlPxqg TJ NwbclKzy Ttblspsf XW	MTS	Small Value	−4.42	0.11	7.40
Rpwgxqnvq RTQB PTMD Tvjrpd Ddsgqw WTY	RNKJ	Foreign Large Blend	2.34	4.92	7.33
Hvyzsznwc NMYN NLG CPP Rlnrbhq Vz M	ZXGJ	Large Blend	18.26	—	—
Sqgdvsdnw Lklgwhl 9984 Nfbkgky Dvf LHM	MSPB	Mid-Cap Blend	8.47	8.40	11.50

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Morningstar rated ETFs reflect a qualitative evaluation of a fund’s prospects.

Keeping costs low is paramount for index funds. Morningstar top-rated ETFs are among the lowest-cost active and index funds in their categories.
Morningstar Analysts carefully analyze an ETF’s underlying benchmark (the index it tracks) to understand how the portfolio is built and maintained.
Morningstar Medalist ratings are for low-cost ETFs that we think will tightly track a sensibly constructed index. These attributes are likeliest to translate to better performance over the long run.

List Criteria

Morningstar gives an ETF a Gold, Silver, or Bronze rating based on our analysts’ conviction of how tightly it will track a sensibly constructed index over a long time frame and, due to experienced management, strong stewardship, and reasonable fees, outperform its peer group.