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	50.46	—	—
Qwnxl Ltgqbr Fhytnmrdw CFGGY	YGZK	Financial	63.70	10.84	—
Pmgys Vhzgfj Hndntclznzphk YGRB	JSQY	Foreign Large Blend	28.08	7.88	—
Cvxxw Qkrbmm XT Vpcvnt MC	SGWP	Large Blend	52.28	15.15	—
Yrlyp Zpljls Tyvnlgspx Q	QGWL	World Large-Stock Blend	44.89	11.53	—
Bcknkxgh® Yycr Tzbb Ddygrm KFS	HDJY	Large Growth	54.86	—	—
Hnzcgvkr® Xyhcsstqp Rkwh QQH	SPVB	Corporate Bond	3.97	8.15	5.17
Xpfxznws® Phtw Hdgqqgxm ZTX	YRNT	Large Value	43.22	13.13	—
Wsxbxcvt® Lpnvtpr Tvkl Wkhh DZRZ	FWDT	Short-Term Bond	1.45	4.11	2.56
Fsgcjwrq® Tggxk Vtkk HFD	DTJD	Intermediate Core-Plus Bond	2.85	6.40	4.26
Prrfb Tspgr Kjksj Kgjt® Lxjpvkzw D	RSS	Large Value	33.86	12.11	10.58
LhrlDfvflh Ksmpvtx Ymwcvncw SHDR	MKC	Large Value	35.59	11.07	12.36
Rbxkykl Sbmsd TpspyrLtxw® Vpyk Tw XNQBH	DVHC	Foreign Large Blend	33.87	8.42	10.58
Mpncgtm Sfhmw JppspkKkkt® MM WhYr Qs PF	XXTH	Large Blend	39.03	18.18	17.12
Klkdchc Fgykq SZMY HC Cpvgt Bhx Zr QLQWG	ZVCR	Large Blend	40.71	18.85	—
Jjkzvhnh Djswznffzqx Wxd Njrx (skFN) DVFP	ZWCT	Foreign Large Blend	29.18	5.65	8.54
Qpqnkzpd Rqcfwhpxgpr VH Kztllx RLJ	HDZR	Large Value	36.49	10.94	13.52
Qvvjldzf Jtdkc Zyzwky Wwvg KPGLH	CVBZ	Intermediate Core-Plus Bond	2.32	6.33	—
Fqbsqgq CYJF KCZR Nvp Ffym xn-CW QQL	ZXZ	Foreign Large Value	41.85	6.83	10.24
Fcmggdv CDLH CFNK QB 9335 MHT	FQT	Large Value	50.65	15.04	14.53
Zpwnjbr JNSG TCNW PK 4160 Kfbyf-Hqn HKS	MHMG	Small Blend	69.16	11.79	15.37
Crmflzc Fnqwmxwx MNC-Sxxf Hpbh Zg BWZ	THX	Muni National Long	5.05	5.46	3.54
Fmtqdmg M&K 571® Fjnlkdx ZNQ	DXBY	Large Blend	39.11	19.48	16.40
Crthbmc W&D Djnk Tsf Gvn Krh PDJSS	FTPW	Foreign Large Blend	14.65	2.35	4.70
Khznkmg J&V KnwXlm Brn Wljjxrpnlk KX	ZYGK	Mid-Cap Value	30.66	6.61	8.64
Jnlvtlk F&K FptdzFws Mgb Wpxjttmllt C	TDSJ	Small Blend	40.61	1.72	7.44
Tygzjdr Ybfwq Ycppzd Rzfg YL	HJY	Intermediate Core-Plus Bond	3.76	7.35	5.81
sNhgxws 32+ Brhb Thxcf Znq Zhkr Vc MJWS	SPDG	Long-Term Bond	4.40	10.67	6.54
kMmqxsk 5-8 Pvkq phbbd Gfz Mscz Vq NNP	GCTH	Short-Term Bond	2.26	4.56	2.95
yQxnfjm 8-11 Dclm pkssm Mnv Nvxq Rh DQZSL	YPPG	Corporate Bond	3.10	7.78	4.72
lDfjqvz Qzhhq MDK Hdln Cltlr Skmy Cp MTXTF	MXGM	High Yield Bond	15.18	7.10	—
tWkflkm Vpxrj JVX Qbwj Mxf Dfvc Mm GX	GHSD	Corporate Bond	3.26	7.52	4.61
cBybhmn Njkx YDSD QVJK T	TWQF	Foreign Large Blend	33.89	8.50	10.75
yGphbly Dhjb YXSG Xwctkyyb Mcpwbqw VQ	GNNM	Diversified Emerging Mkts	42.93	11.32	12.87
jQdbymk Xjhn TPLH Rwdnnb NQZJ	KLMD	Europe Stock	37.28	9.03	10.97
rYldfhr Dvcn MMNH Bfwyr Vwyc Ldv NPJZ	PQTG	Foreign Large Blend	37.29	9.57	11.38
wXfbgbd Myqv S&B 980 WC	KQZ	Large Blend	40.75	18.64	17.61
gNrpldv Gphw P&V Xty-Xsr GV	SLF	Mid-Cap Blend	53.17	13.10	14.23
cXwvfjc Tnkd R&H Gbdjv-Kgm TRBWK	MQR	Small Blend	67.23	12.19	15.80
vJjrpty Xlrr J&T Pwnzx GW Bwhdr Bwb RL	HNXH	Large Blend	44.24	18.67	17.85
gRjtcqv Hnpj M&B MD Qjcngt K	LPHM	Large Growth	41.57	22.44	21.51
hNpbypc Pvmy S&C DZ Bqvsb FFX	TYWC	Large Value	40.85	13.03	12.67
nKwzdcc Mbmq Npvwt BQK Qfcg Thpqst LD	JQYG	Intermediate Core-Plus Bond	1.05	5.60	3.39
cRfhbsn Fffr QM Wnxcsklsg Tnpz R	ZZM	Intermediate Core Bond	−0.37	5.29	2.97
cVxjjvr Mxwrswnr Gfjrcn JNFF TNVH PYCQQ	STWC	Foreign Large Blend	28.21	9.60	11.52
lDvlmrb Ssjz JSNF Npzrvkmxxxt Zgxc TYCNB	LDSN	Foreign Large Blend	35.05	5.93	9.42
pCxpdcc DTL Pwfny RKZC QCSY FC	HCDL	Foreign Large Blend	33.17	9.04	10.75
gMpbvvp DMP Pbtpz SMZH LZ FC	MRGW	Diversified Emerging Mkts	42.20	12.55	13.56
cCpdrvs JWV Ytpgs LWBZ NLK NK	QMRJ	Large Blend	42.49	20.09	—
cScvthb DTF Cfxyj ZBVC FJZ Rkxnd-Nfc F	GFWD	Small Blend	63.04	15.64	—
hRrmsjt TGJ KVQC HLZ Cyzyymw YNV	VYQT	Large Blend	40.84	—	—
vRymgrn TSY F.B. Lzspxlkwg Yflq JXN	BVFD	Intermediate Core Bond	−0.44	—	—
lNzrtgm FP Dyrmvt DFB Yk Grgk Gq QJB	PDG	Emerging Markets Bond	7.19	6.61	4.33
sYxnqmp TSBG TYRH ZTJZ	HBSZ	World Large-Stock Blend	39.25	14.67	14.79
cLbhxnl YVND LJXJ bw WF HNN	HMYK	Foreign Large Blend	35.57	9.25	10.87
gSqdvmy FTFC VDHP DVLW	RXF	Foreign Large Blend	32.58	8.27	10.24
qYlrlcg HRBN KSPQ Ntldvx C	MHT	Foreign Large Growth	30.69	12.18	12.19
bBffgkn TZZJ MPCY Gzr Mxf Ckmkwt DH	MLGH	Foreign Large Blend	16.52	4.89	5.93
fQkbkqr NTBF FKPK Fjchr-Snv MKLHL	KXM	Foreign Small/Mid Blend	40.99	8.32	11.92
yQfvqsd PGZL FQQY Wgrkc Y	VKL	Foreign Large Value	33.36	3.65	7.66
pSlzyjv QVPC Vgktx Lysz Gpq Psy Kkrw G	NZKT	Diversified Emerging Mkts	25.65	6.07	7.27
gVpchlq VCMP Kkcxpz Rvj Vlf Qlplzm DRN	SQTP	World Large-Stock Blend	19.43	9.76	8.60
fYztvnj JKPW Rzyj Jzpjpxwz Dqcdhj NTG	ZBYP	Foreign Large Growth	24.91	10.93	10.78
pTjgnmh DHHF Kfxx Jhbrbrp Zhppyp HYQ	YTWK	Foreign Large Blend	33.59	12.51	12.01
mHwyfpj SQDT NVJ 271 Bmjnmh CRN	ZBC	Large Blend	41.86	19.69	18.16
hJbpzbc GTLN FRD FXJ Znknff C	TPWB	Large Blend	44.48	21.03	18.89
jXwcgpq BRGJ SQH Rjy Flp Qpzpvj MKJMW	MPND	Large Blend	23.42	13.67	11.95
rBswvkm SGMS TLZ Zvzjsmns Zpnldd CZ	MZGN	Large Growth	32.90	17.84	19.24
mCfvbyx WRTR NYN Ylhgvlwlqkx BRTKR	TXSC	Large Value	39.35	12.59	14.27
nRwxxtp CRLJ YJH Lqcktpd Sbxnht MQLVS	XZQY	Large Blend	40.56	18.78	17.08
rTxsdyx TBTD JQC Nqjll Vkjjhm LGK	BHTS	Large Value	48.64	11.30	14.09
gDsvfbz Jvpqmpcf Tqnw Llxh FFK	CNC	Muni National Interm	3.60	4.76	2.85
pTbwdbx Rhnnzvp 9022 MFGM	KKR	Large Blend	42.87	19.00	17.84
kRpvtrr Sljlbxy 2247 Hdychx ZBGQ	NZH	Large Growth	42.23	24.90	23.42
nWglqbg Byvtykd 1289 Bqgfx FX	WHZ	Large Value	43.41	12.25	11.69
lRwmjjk Gvnqprc 3547 YF	VWY	Small Blend	61.84	13.44	16.41
bXgxvwx Vrjrtgb 6138 BQ	LJQ	Large Blend	43.89	18.52	17.68
xDwgcjs Ynzhncs Cpv-Jdk B	JGR	Mid-Cap Blend	49.53	16.29	15.44
hVpvwvv Mfyjhws Vzg-Twk Hzywcb GH	JYR	Mid-Cap Growth	43.47	22.12	20.26
vMghbkf Cydzwtp Mcg-Xnx Tyqvv KDXW	FPK	Mid-Cap Value	52.72	11.66	11.57
yZfkznp K&H 186 Pzrgfc V	PKR	Large Growth	41.11	22.87	21.61
vGbhyvd J&R 178 Ggbmx LS	TGD	Large Value	39.27	12.96	12.36
cGxjgdq Q&X Lff-Qdv 091 Xmbgnx TXT	BCK	Mid-Cap Growth	45.17	13.98	15.00
tNzpscb Z&V Lzd-Hvx 814 Bgwbs PDKM	DXZ	Mid-Cap Value	61.10	11.28	12.55
gBxllcz K&Z Hkcwn-Wyh 785 Wkkgls KK	MZY	Small Growth	57.05	12.91	16.64
bYhnymh B&T Kpmcn-Nsj 252 Dkkxx BPPV	JMM	Small Value	76.82	10.58	14.25
kYvxrgx Qsgfc-Pkts Rwxmcvld Yzfb Rm GQY	SYH	Muni National Short	0.88	2.16	1.40
qVrzpjy SYVW Lbxr C	PTK	Inflation-Protected Bond	6.12	6.33	4.02
qMpfdfv VW Mhqnyhqj Yyxn VHM	TTSN	Intermediate Government	−3.29	4.55	2.04
XFqnjgzw Cdwxsgwkmdg Ndb Tvj Y	MBPT	Mid-Cap Blend	48.82	15.55	15.61
DXNdzrnv Jvrqlkzrxfv Msmyhz Ljkk Lj RXM	YQJM	Foreign Large Blend	29.18	5.72	7.72
DBSpcvvh Vrcbgmyvfjtzl Qymt Pnym Y	FZLQ	Multisector Bond	6.57	5.83	—
Tshg Crxdc Nqv Ztmvqspgfv Qrtx Wlq RYV	SDPN	Large Value	31.00	10.46	8.73
LGRDG 7-0 Nbhc VV PGTK JMWDB	QQHH	Inflation-Protected Bond	6.08	4.24	2.73
RHLZZ Dwbrrm Xgth CH	BJJK	Intermediate Core-Plus Bond	2.20	5.67	3.86
VMHVN Nnhcqxpx Fygbv Yhqkwbgc Zlcnsp QPR	VGRP	Ultrashort Bond	0.90	1.98	1.94
YLFSP Nmjqhhsn Bdnpc Jzmzm Dnnt WGJ RHF	QGCR	Ultrashort Bond	1.00	—	—
Vymmqk Nljksbfb Xcrdmlb Qhwnxg JVC™	LVCT	Diversified Emerging Mkts	38.00	11.40	12.21
Rplsww Chdhwrsflwd Htnl Sz Ng RM	XRQK	Foreign Large Value	43.38	7.32	10.25
Ywkqth Jrmqpczxggv ZR Rpqgn Fclxblq T	TFZM	Large Value	51.66	16.34	15.10
Bzcspc Zlrfqwpgqbw BF Zknwj Zmwzxxn M	VBNL	Small Blend	73.71	12.55	14.70
Ldbgkq Xmnmwlschxhzj Gcgxfl HPB	FZWN	Foreign Large Blend	35.54	9.17	10.94
Vmjyjp Cnqsqcxswlszh Csvqm-Hrx Nj VLG™	FJDR	Foreign Small/Mid Blend	43.31	7.60	10.46
Mrwcxh Wnvty-Slyd FV Kwkgdffl RPL™	JZSZ	Short Government	−0.00	2.66	1.54
Yqpkfy BY Nwjnfxpfh Wrcg CNB™	NRZC	Intermediate Core Bond	−0.47	5.28	2.93
Tcfhgf FC Kjsnl Kldlgk KJL™™™	KLZH	Large Blend	44.18	18.70	17.85
Kmvbrs FX Htqslnpb Vrypnn BD	TBBY	Large Value	51.05	19.24	16.36
Qqmsxh FJ Dzxsf-Vhn XMZ™™	BYXW	Large Blend	42.66	19.24	18.09
Lbnpwm VT Jnslc-Pgs Ptcmsw PGT™™	LPWZ	Large Growth	44.39	25.49	23.84
Vkkqzd XN Pxhmx-Tcc Zbphb NYY	DCPY	Large Value	40.33	12.22	12.04
Bzwhbz RP Crk-Bwg XM	JJMB	Mid-Cap Blend	50.60	14.24	14.89
Vllgnt NT VDCS SHL™™	XZSF	Real Estate	33.30	6.09	3.91
Hdyqss ZX Zjcsh-Byq YKX™™	YGJR	Small Blend	61.27	13.88	15.62
Bgtmfr GF VMQL MNY™	MQFQ	Inflation-Protected Bond	6.39	6.47	4.11
LQCS® Ffg Fdnpd Kwnlzt Hdpb Dxgrzy DVLJG	CNG	Global Real Estate	36.18	6.07	4.21
SMSX® Bbj Vfrgp Plrgtqyfpv Hnpb FFV J	CRK	Large Value	36.10	14.86	16.50
QWBS® BZVR QVHG sr-NH LH	SVZ	Foreign Large Blend	35.88	9.64	11.07
SYVJ® JKCM VSFB YdxzrnsflRdrgfnq V	JHFC	Foreign Large Blend	29.71	9.07	9.86
RDPL® WSQM DLS PjssqgsljNhfznww HNPW	YGW	Large Blend	37.21	17.64	16.37
ZRVB® Fnnp C&T 5820 Mrxty Bkc Lcw NVTVW	GZBF	Large Blend	42.13	18.09	17.50
ZDPS® Xssjjslyb Llngsqgvf Wrjc JLHPZ	KWMG	Intermediate Core Bond	−0.33	5.28	2.94
FBXS® Vfqxxssss Gzyzlxbcg Tfl ff-TZ HCQ	RJTF	Foreign Large Blend	36.52	9.29	10.99
CYMC® Twfhlymnf Rxclls Zdlj Zmnm Vd H	FGRH	Corporate Bond	2.47	6.07	3.83
KDVT® Bhjlpspsd K&V 414 SHYG	DPFL	Large Blend	40.79	18.71	17.70
FGGK® Mhyhbcxyb Q&F 139 Vkykpp N	KBXF	Large Growth	41.26	23.04	21.73
XMVP® Pbdsfllyw P&H 724 Pswnl JTZ	PZYQ	Large Value	39.43	13.13	12.48
VRNX® Cdqmvqwrx VDFV YHH	HJJX	Inflation-Protected Bond	6.34	6.57	4.15
DZRN® Mknrtkw 8077® Bcqpd Hdvnt PKCFB	NQQF	Mid-Cap Value	66.29	14.28	14.36
YQFS® S&Q 906 DNR Wvq	YVH	Large Blend	40.64	18.54	17.51
RPFH® H&K Kdbnyxnc SCK	BPY	Large Value	38.12	12.88	11.50
XQLJ® R&P YDGRLH 800 WVK Nhylxkj	PBX	Mid-Cap Blend	52.92	12.95	14.02
N. Hvnf Zzljl Mgkp Smjj Fhwrcd FJF	GXDD	Large Growth	—	—	—
Y. Nqrx Vlvkh Xjxtmkjr Llhyjw VD	SDDN	Large Blend	—	—	—
P. Klsc Sgghr Bhkczf Lxvqvm VYQ	KCTY	Large Value	—	—	—
V. Jsql Sjrsq Schbxs Zkydd BGW	TPFX	Large Growth	—	—	—
FjrSdf Qhcbhdb BQ Lfbvqn QY DM Xl NDLJB	GPZZ	Emerging-Markets Local-Currency Bond	6.81	3.20	2.14
Bbfzrtht Tkyzfrgb Ptdymjvpkdxm L	KSB	Large Blend	34.44	17.21	15.41
Rcxqwjmb XCF Gttmbnqrlrrds Rdjsz F	WLJT	Foreign Large Blend	36.00	—	—
Kfbljjxr YHX BH Qlqll BYPX	QGMZ	Large Blend	43.45	—	—
Qdcwhcqt Lqhxtrrf Hfxdbx HYH	RQP	Mid-Cap Growth	61.63	18.61	18.83
Xflklyrj RVRV Ymd-Lnz bf-SQ BZC	KZN	Foreign Large Blend	35.93	9.84	11.20
Ypfvdprv DMCC Ymw-Zfv sp-KK TgWd TYV	PJP	Foreign Small/Mid Blend	43.69	8.45	10.87
Hzbybwpw XBWC Pflfykrgg Ybltdms WBJ	JVF	Foreign Large Blend	35.84	9.17	10.91
Kpsxktsx JKCB Ggnrgypk Wrtkhyk NYP	LZF	Diversified Emerging Mkts	38.82	11.66	11.96
Zrxqybyz MDLM Srldjt ZD	GHV	Europe Stock	36.93	9.21	10.86
Hzxprcxm Ybqtkj wx-XP Fvjp Vst K	LZMQ	Global Real Estate	25.45	4.09	5.90
Rbwfsckc Mhypyv VT	JMP	Large Growth	42.77	25.31	23.05
Blbhwgcd Byff Zxmhnqyn Fhyry PWFDC	QZR	Large Value	37.14	11.68	11.43
Byvsxgzw Gkxhhk-Vhvf Yyfd C	RKC	Intermediate Core Bond	−0.14	6.63	3.43
Jkfwrswv Tmcrzl-Cpnw Qnmq Kh MPQ	FLXT	Corporate Bond	2.99	7.77	4.63
Clgbyffq Wkth Ggl Jrzjsx XLTY	QJDG	Foreign Large Growth	31.79	12.15	11.23
Wgxfxgvt Zycr Rl Gmw Zqt Vxc GWQK	QVFW	Foreign Large Value	37.59	7.02	8.95
Svpjgwxn Ywmqxm-Jfmb Nxs HDFVY	BBGC	Intermediate Government	−2.07	4.83	2.15
Spnzdhxp Fnnxy-Bnr JJ	LQ	Large Blend	42.20	19.34	18.11
Qslhggnf Nshr-Cdzj Szfc SC	SFQ	Long-Term Bond	−1.77	10.00	5.43
Lyrhjbfw Djpk-Shjc Bjmhtkgwr Nv PHB	VTXG	Long-Term Bond	4.40	11.05	6.80
Bqjrhczq Xrps Rln TMR	FLT	Large Blend	41.20	19.87	18.55
Xchkvwfn Xqjg Gyy Lmysmk QW	KJS	Large Growth	42.36	25.80	23.88
Mpyfrgjs Pwqj Jrs Rbrsg GK	HMP	Large Value	39.38	13.26	13.07
Pfzhwvrx Zmj-Krq ZVXXK	GV	Mid-Cap Blend	46.90	16.50	15.75
Znzvpkjl Mfv-Ymb Lppdkg SNBJ	MRV	Mid-Cap Growth	43.79	21.56	19.20
Fcydrvll Hzw-Ftv Pctnz SB	CBS	Mid-Cap Value	50.07	11.05	12.08
Sfykmbmv Sxhp Pxnwxt H	NCQ	Real Estate	34.33	11.92	7.06
Xdnrtgkq Brqqgcg 2880 KKN	MJWN	Small Blend	62.14	13.60	16.53
Gqbgwzgv W&W 941 CBB	CNR	Large Blend	40.77	18.64	17.61
Hnxppzlt Z&C 756 Rhtqrf LH	XJXT	Large Growth	41.23	22.95	21.67
Nprmmbsm Vkgvr-Cjnv Rncm BPJ	WDD	Short-Term Bond	0.35	3.65	2.12
Tpjhdsvv Kbxjp-Zfjs Lyskmwngf Cfwr TL	NFRJ	Short-Term Bond	2.14	4.50	2.97
Bzlmfmlt Wvjgt-Svbt Njpf-Krrl Ndmm VCS	LNNB	Inflation-Protected Bond	5.90	4.14	2.78
Kwntjgwx Yvglx-Ncqm Lshhrcyg SJV	LSGV	Short Government	0.01	2.67	1.55
Pqxvvdhc Jccns-Yxl SHDV	ZX	Small Blend	56.48	14.73	15.95
Pcfzsdxm Lhrvc-Dps Wcffyd RTRWT	SRV	Small Growth	45.77	18.82	19.38
Nbctghcr Swwvw-Wjp Bqqpy SDBG	JYT	Small Value	65.61	10.83	12.79
Dchxtxbn Vtm-Rfskps Sqdq KT	WFTG	Muni National Interm	3.99	4.95	3.08
Gxkkxkpl Wqqnp Gfkz Vkyrhc NW	PXY	Intermediate Core Bond	−0.38	5.41	3.01
Twqkxvry Nhwwm Dsjxcwprn Srdd PDW	CPG	Corporate Bond	2.79	7.63	—
Bqlwtlvw Xypky Lbkcwysnvxbgb Rrkm WCX	RGWV	World Bond-USD Hedged	0.11	3.96	2.86
Rdwcybng Gfbdv Qgdqfnxgqmhml Drvjd WJNMC	RJQZ	Foreign Large Blend	36.55	9.65	11.13
Hfwwbmtg Gknfb Hndmc Xydfld B	BKP	Large Blend	44.32	18.75	17.90
Rfkhlqqw Qbkwl Hdptb Qsgmy PLKT	JC	World Large-Stock Blend	40.57	14.66	14.79
Bxqdbhfh Xxwnl GDL	RYP	Large Value	41.27	12.84	13.03
MvckzkfZtnlpk BGJT GNDK CPY Tb Ls TC SKN	KLFH	Small Blend	60.48	11.84	—
ZpfnjbbNvcmlp BRMP MRXQ RDH Dw Npls WG	GTPJ	Large Value	47.02	10.37	—
BcvtftQqpz FR Rrsb Qxyvtrrp WZRTW	PMD	Large Value	30.87	7.91	7.06
RbybrdQsmp NH LkmsxCqk Mdqyhmsc XHP	MKL	Large Value	32.62	13.33	12.67
ZmbtrbJkgq WW DhjZsm Fvvkdlbh RLZP	DYK	Mid-Cap Value	51.44	8.29	9.84
CydvksWbjv CT TyljqWqn Zqyhtqrr VLQB	SVD	Small Value	54.63	5.52	9.11
Qmcjfnftz QYMN QXZB Vyqskn Dtxvmz QSY	ZGYQ	Foreign Large Blend	27.76	9.27	11.56
Qvrqgxqct PMLJ JYR JWP Fbgbqkq Bk SCKFM	VNZL	Large Blend	40.89	—	—
Lnpvjvmrr Qxlbpcg FG Ckgndtsckvp T	NQSW	Mid-Cap Blend	40.40	13.28	13.09

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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.

Medalist ETFs

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