THE OVERLOOKED RISKS IN CRUISE STOCKS • PAGE 15

VOL. CI NO. 15 APRIL 12, 2021 $5.00

The digital currency is

picking up lots of new
believers, but does it belong
in your portfolio? What
investors need to know.
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>
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C O NT EN TS 04.12.21 VOL.CI NO.15

P. 7 GUIDE TO WEALTH P. 31

Economy: We’re in
Up & Down Wall Street:
Growth in the Spring How to Play the Bitcoin Boom Debt up to Our Necks.
The economy is booming, thanks Cover Story: The rising popularity of Bitcoin and other cryptocurrencies is creating a That’s Problematic.
to massive stimulus and rising feedback loop, sending prices skyrocketing. Here’s how companies and advisors are By LISA BEILFUSS
vaccinations. But there’s a getting in on the act—and what to consider when making it part of your asset mix.
downside to things being so good. P. 34
By RANDALL W. FORSYTH Up, Up, and Away Other Voices:
The clamor for Bitcoin has lifted its price nearly 700% in the past year, towering over
P. 14 the gains of gold and stocks. Futuristic Finance
Proposed Tax Hikes 800%
By JOYCE LAI

Raise Risks for Stocks +698% P. M1

Follow-Up: Financial, healthcare, Bitcoin
and tech companies such as Apple
600 Trader: Value Stocks
and Lam Research look vulnerable Could Use a Boost
if Biden’s tax plan is approved. 400
By BEN LEVISOHN
By JACOB SONENSHINE
P. M4
P. 15
+48%
200 S&P 500 Euro Trader: Credit
Cruise Stocks Could Suisse’s Many Crises
Take on Water 0 By PAUL CLARKE
Carnival, Norwegian, and Royal
+4%
Gold
Caribbean have raised ample cash P. M4
to ride out the pandemic—but -200
investors could pay a price. May 2020 Jan. 2021 April Emerging Markets:
By ANDREW BARY Source: Bloomberg Time to Buy Brazil
By CRAIG MELLOW
P. 16
P. M5
Shoppers Embrace
Installment Payments Index P. 4
P. 23 P. 11
Striking Price: A Bet
“Buy now, pay later” services are
Review & Preview P. 12
on Citigroup Earnings
attracting consumers fed up with
Mailbag P. 35 The Next Step: Getting Streetwise: Parts Giant By STEVEN M. SEARS
Inside Scoop P. M7
credit-card fees. Disrupters such Charting the Market P. M8 Women Back to Work BorgWarner Plugs Into
as Affirm are leading the charge. Winners & Losers
Research Reports
P. M9
P. M10
The economic recovery depends Electric Vehicles P. M6
on helping women who left the
By DAREN FONDA
Market View P. M11
labor force during Covid to return.
By JACK HOUGH Commodites: Don’t
P. 19 By RESHMA KAPADIA Count Gold Out Yet
P. 27
Set Your Sights on P. 25
By MYRA P. SAEFONG

This Laser Leader Funds: What to Buy in

Sizing Up Small-Caps: With a
A Fund That Stays on Lieu of a Bitcoin ETF
string of smart acquisitions, II-VI Trend—and on Top Barron’s Roundtable
By EVIE LIU
is building an impressive array of Profile: Why Fidelity Trend is on Fox Business
businesses—and its stock is cheap. fond of Chipotle Mexican Grill, P. 28 Watch our show Fridays at 10 p.m.
Hilton Worldwide, and Hermès. or 11:30 p.m. ET; Saturdays at 10
By NICHOLAS JASINSKI
By SARAH MAX
Tech Trader: Trends a.m. or 11:30 a.m.; or Sundays at 7
P. 20 Favor HP Inc., NCR, a.m., 10 a.m., or 11:30 a.m. This
A Simple Test to
THE OVERLOOKED RISKS IN CRUISE STOCKS • PAGE 15

P. 32 Seagate, and More week, IMAX CEO Richard Gelfond.

How Equality Can By ERIC J. SAVITZ
VOL. CI NO. 15 APRIL 12, 2021 $5.00

Reduce Cancer Deaths

Liquid biopsies and genomic
The digital currency is
picking up lots of new
believers, but does it belong
in your portfolio? What
investors need to know.
Help the Economy P. 30 © 2021 Dow Jones & Company, Inc. All Rights Reserved.

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IN DEX
Our index lists significant companies mentioned in stories and columns,
plus Research Reports, and Corrections & Amplifications. The references
are to the first page of the item in which the company is mentioned.
A Adobe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Adyen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Affirm Holdings . . . . . . . . . . . . . . . . . . . . . 16,31,M8
Afterpay . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Alliance Data Systems . . . . . . . . . . . . . . . . . . . . . 16
Alphabet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M11
Altabancorp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Amazon.com . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,30
American Express . . . . . . . . . . . . . . . . . . . . . . . . . 16
Amgen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Apple . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,19,28,M11
AstraZeneca . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M1
Autodesk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
B Baidu . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M7
Bank of America . . . . . . . . . . . . . . . . . . . . 13,14,M2
Bank of Commerce Holdings . . . . . . . . . . . . . . . 13
Bank of New York Mellon . . . . . . . . . . . 13,S8,S11
Barrick Gold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
BlackRock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Boeing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
BorgWarner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Burning Rock Biotech . . . . . . . . . . . . . . . . . . . . . 21
C Carnival . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,M11
Casper Sleep . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Central Valley Community Bancorp . . . . . . . . 13
Charles Schwab . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Chegg . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
Chipotle Mexican Grill . . . . . . . . . . . . . . . . . . . . . 26
Cisco Systems . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Citigroup . . . . . . . . . . . . . . . . . . . . . . . . 13,14,M2,M5
Citizens Financial Group . . . . . . . . . . . . . . . . . . . 13
Clorox . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Coherent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Credit Suisse Group . . . . . . . . . . . . . . . . . . . . 12,M4
CubeSmart . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M7
D Darden Restaurants . . . . . . . . . . . . . . . . . . . . . M11
Dell Technologies . . . . . . . . . . . . . . . . . . . . . . . . . . 28
Delta Air Lines . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Discovery . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M7
DocuSign . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
Domino's Pizza . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
E Eagle Materials . . . . . . . . . . . . . . . . . . . . . . . . . . . M3
Epigenomics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22
Exact Sciences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Extra Space Storage . . . . . . . . . . . . . . . . . . . . . . M7
Exxon Mobil . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . S5
F Facebook . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30,M11
Fastenal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
FibroGen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M8
First Financial . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
First Republic Bank . . . . . . . . . . . . . . . . . . . . . . . 13
Ford Motor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,30
Freeport-McMoRan . . . . . . . . . . . . . . . . . . . . . . . 30
G Galaxy Digital Holdings . . . . . . . . . . . . . . . . . . S12
Generac Holdings . . . . . . . . . . . . . . . . . . . . . . . . . M3
General Motors . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
GEO Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M8
Globant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Goldman Sachs Group . . . . . . . . . . . . . . . . . . . 13,14
Grayscale Bitcoin Trust . . . . . . . . . . . . . . . . . . . . 27
Guardant Health . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
H HCA Healthcare . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
Heico . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Heritage Commerce . . . . . . . . . . . . . . . . . . . . . . . 13
Hilton Worldwide Holdings . . . . . . . . . . . . . . . . 26
Home Depot . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . S5
HP Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
I
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II-VI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Lumentum Holdings . . . . . . . . . . . . . . . . . . . . . . . 19 Nokia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Illumina . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,20,M8 LVMH Moet Hennessy Louis Vuitton . . . . . . 26 Northern Trust . . . . . . . . . . . . . . . . . . . . . . . . . . . . S8
Invitae . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,21 Norwegian Cruise Line Holdings . . . . . . . . . . 15
M Marathon Digital Holdings . . . . . . . . . . . . . . . . M8 Nvidia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
J Jacobs Engineering Group . . . . . . . . . . . . . . . . M3 Marriott International . . . . . . . . . . . . . . . . . . . . . 30
JinkoSolar Holding . . . . . . . . . . . . . . . . . . . . . . . M8 Martin Marietta Materials . . . . . . . . . . . . . . . . M3 O Okta . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
Johnson & Johnson . . . . . . . . . . . . . . . . . . . . . . . . 22 Mastercard . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24,S5
JPMorgan Chase . . . . . . . . . . . . . 13,14,M2,M4,S8 MercadoLibre . . . . . . . . . . . . . . . . . . . . . . . . . . . . M4 P PagSeguro Digital . . . . . . . . . . . . . . . . . . . . . . . . M4
MicroStrategy . . . . . . . . . . . . . . . . . . . . . . . . . 27,S11 PayPal Holdings . . . . . . . . . . . . . . . . . 16,S4,S7,S11
K Kansas City Southern . . . . . . . . . . . . . . . . . . . . . . 13 MKS Instruments . . . . . . . . . . . . . . . . . . . . . . . . . 19 Peloton Interactive . . . . . . . . . . . . . . . . . . . . . 16,M8
Moderna . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M7 PepsiCo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
L Lam Research . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Morgan Stanley . . . . . . . . . . . . . . . . . . 13,14,M4,S4 Petroleo Brasileiro . . . . . . . . . . . . . . . . . . . . . . . . M4
Li Auto . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M8 Pioneer Natural Resources . . . . . . . . . . . . . . . . . 12
Locaweb Servicos de Internet . . . . . . . . . . . . . M4 N Natera . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 PNC Financial Services Group . . . . . . . . . . . . . 13
Lojas Renner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M4 NCR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 PPG Industries . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Premier Financial . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Provention Bio . . . . . . . . . . . . . . . . . . . . . . . . . . . . M8
Public Storage . . . . . . . . . . . . . . . . . . . . . . . . . . . . M7
R Raia Drogasil . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M4
Republic Services . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Revlon . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M5
Roche Holding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Ross Stores . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
Rupert Murdoch Executive Chairman, News Corp Royal Caribbean Group . . . . . . . . . . . . . . . . . . . . 15
Robert Thomson CEO, News Corp Almar Latour CEO, Dow Jones
S Samsung Electronics . . . . . . . . . . . . . . . . . . . . . . . 19
SENIOR VICE PRESIDENT, BARRON’S GROUP Mae M. Cheng Seagate Technology . . . . . . . . . . . . . . . . . . . . . . . . 28
ASSOCIATE PUBLISHER, BARRON’S GROUP Dan Shar
Shopify . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,28
Simmons First National . . . . . . . . . . . . . . . . . . . . 13
MANAGING EDITORS, BARRON’S GROUP Duncan Mavin, Dave Pettit Snap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M8
Snowflake . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
EXECUTIVE EDITOR Bob Rose SENIOR MANAGING EDITOR Lauren R. Rublin
SoftBank Group . . . . . . . . . . . . . . . . . . . . . . . . . 12,21
Square . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,S4,S11
DEPUTY EDITOR Alex Eule
Ben Levisohn DEPUTY EDITOR State Street . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
EDITORIAL DIRECTOR, INVESTING & ASSET MANAGEMENT Beverly Goodman StoneCo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M4
EDITORIAL DIRECTOR, MAGAZINE Phil Roosevelt
T Tesla . . . . . . . . . . . . . . . . . . . . . . . . . 11,27,M8,S4,S11
MANAGING EDITOR, DIGITAL Matt Bemer MANAGING EDITOR, FEATURES Jeffrey Cane ThredUp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M7
MANAGING EDITOR, ENTERPRISE Brian Hershberg Toshiba . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Truist Financial . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
ASSISTANT MANAGING EDITORS Mary Romano, Robert Sabat Turning Point Therapeutics . . . . . . . . . . . . . . . M7
ASSOCIATE EDITORS Andrew Bary, Randall W. Forsyth, Jack Hough, Reshma Kapadia, Eric J. Savitz
U UnitedHealth Group . . . . . . . . . . . . . . . . . . . . . . . 13
SENIOR WRITERS Bill Alpert, Daren Fonda, Matthew C. Klein, Leslie P. Norton, Universal Health Services . . . . . . . . . . . . . . . . . 30
Al Root, Avi Salzman, Alexandra Scaggs, Lawrence C. Strauss U.S. Bancorp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
REPORTERS Lisa Beilfuss, Luisa Beltran, Max A. Cherney, Carleton English, Nicholas Jasinski, Evie Liu, V Verizon Communications . . . . . . . . . . . . . . . . . . . 24
Shaina Mishkin, Josh Nathan-Kazis, Teresa Rivas, Connor Smith, Jacob Sonenshine, Ben Walsh ViacomCBS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M7
Visa . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,S4,S7,S12
STORY EDITORS Henry Cutter, Mel Gray, Ed Lin, Erin McCarthy Vulcan Materials . . . . . . . . . . . . . . . . . . . . . . . . . . M3
COPY DESK Michael J. Burlingham, Richard Rescigno, Robert Teitelman
W Walmart . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
IDEAS EDITOR Matt Peterson Waste Connections . . . . . . . . . . . . . . . . . . . . . . . . . 12
Waste Management . . . . . . . . . . . . . . . . . . . . . . . . 12
DEPUTY DIGITAL MANAGING EDITOR Zoe Szathmary Wd-40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M8
SENIOR AUDIO MANAGER Mette Lützhøft DIGITAL PRODUCERS Robert Cushing, Clare McKeen Wells Fargo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,14
Western Digital . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
Chris Mihal ART DIRECTORS Robert Connolly, Nick Hallam, Sue Ng
DESIGN DIRECTOR Western Union . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
DIRECTOR OF PHOTOGRAPHY Sarina Finkelstein PHOTO EDITORS Sam Kelly, Nicole Silver W.R. Grace . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . M7
RESEARCH DIRECTOR Pauline Yuelys RESEARCHER Dan Lam Z Zoetis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
STATISTICS MANAGER Michael T. Kokoszka STATISTICIAN Darren Chima Zoom Video Communications . . . . . . . . . . . . . . . 28
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vised
Chauncey Gardiner, brilliantly played
by Peter Sellers in the classic 1979 film
satire Being There. In actuality, he was
the dimwitted Chance the gardener,
who through a series of misunder-
standings was seen as a savant of sorts
and whose advice on economic stimu-
lus was sought by the president of the
United States.
As the first green buds finally begin
to appear on trees hereabouts, there are
manifestly signs of growth. And after
the application of trillions of dollars of
fiscal and monetary Miracle-Gro, plus
roughly one-third of the U.S. popula-
tion having gotten at least one vaccina-
tion jab, it should be no surprise that
things are blooming and, in many
cases, booming.
The U.S. economy is growing at
about a 6% annual rate, after adjust-
ments, in the current quarter, accord-
ing to the tracking models of the Fed-
eral Reserve Bank of New York. And
that comes after robust payroll gains in
March of over 900,000 reported on
Good Friday, and booming auto sales in
the first quarter, despite supply short-
ages. Ditto for residential housing, with
Daniel Slim/AFP/Getty Images
tight supplies of new and existing
homes acting as the main constraint.
None of which has escaped the no-
tice of the stock market, with the Dow
industrials and S&P 500 cruising to
record highs and the Nasdaq climbing
back within 1.4% of its peak, reached a
BARRON’S
couple of months ago. The bond mar-
ket, for its part, seems to have come to
terms with the economy’s vigorous
expansion. The benchmark 10-year
Treasury yield has been in a narrow
range of 1.62% to 1.78% over the past
month or so, after its steep climb from
just under 1% at the turn of the year.
At the same time, investors’ mood
By Randall W. has improved markedly with the com-
Forsyth ing of spring. The VIX—the Cboe Vol-
atility Index—has retreated to its pre-
pandemic levels, ending at 16.69
Friday. Qualitative assessments also
indicate waning fear and increasing
ebullience among investors. The In-
vestors Intelligence polling of advisors
found 60.8% bullish in the past week
Signs of spring: tourists in Savannah, Ga., and shoots of stronger economic growth throughout the U.S.
BofA economists see the Fed setting the stage for
slowing bond buying in the second half of 2021
and starting tapering in the first quarter of 2022.
and only 16.7% bearish. Bullish read-
ings over 60% and bull-bear spreads
exceeding 40 percentage points tend
to come around market peaks.
The apparent complacency is mak-
ing contrarians uneasy. Mark Haefele,
chief investment officer for global
wealth management at UBS, points to
a big options player buying $40 mil-
lion of calls positioning for a rise in
the VIX, the so-called fear gauge, to
over 25 in the next three months. Pos-
sible worries could be higher inflation
and accelerating growth, along with
new variants of the Covid-19 virus, he
writes in a client note.
On the former score, Jefferies econ-
omists Aneta Markowska and
Thomas Simons posit in a research
note that nonfarm payrolls could
surge by as much as 3 million in the
April report, due out early next
month. That would go a long way to-
ward closing the 8.5 million payroll
shortfall since the pandemic began.
A much faster-than-expected recov-
ery in the jobs market, while wished
for by all, could move up the eventual
withdrawal of monetary stimulus
sooner than anticipated. While Fed
Chairman Jerome Powell likes to say
that policy makers aren’t thinking
about thinking about paring the central
7
bank’s securities purchases, Bank of
America economists see the monetary
authorities setting the stage for a slow-
ing in bond buying in the second half,
starting tapering in the first quarter of
2022, and winding up the purchases by
the end of next year. However, the Fed
might not be able to taper fully, owing
to the risk of a market tantrum, espe-
cially in light of what they euphemisti-
cally call a “material supply/demand
imbalance,” owing to burgeoning U.S.
Treasury debt, which has expanded by
26% in the past year.
At the same time, Jason DeSena
Trennert, who heads Strategas Securi-
ties, worries that a fiscal drag from
President Joe Biden’s plan to raise
taxes “sterilizes the positive impacts of
opening and already passed stimulus,
leading to an economic environment
more consistent with the period of
secular stagnation” after the 2007-09
financial crisis.
That may be a ways off, so enjoy the
growth in the spring.
I
n the obituaries following the
passing of economist Robert Mun-
dell this past week, it was noted he
won the Nobel Prize in economics,
but omitted that he largely lost the po-
litical debate. With the exception of the
establishment of the euro, macroeco-
nomic events have gone in the opposite
direction of his theories.
The purpose here isn’t to prescribe,
but rather to describe policies as they
are, and what their investment impli-
cations might be. To skip ahead,
they’re bullish for gold, despite the
metal’s recent decline.
Mundell’s key insight was that pol-
icy makers face a “trilemma.” They
cannot control domestic monetary pol-
icy by simultaneously adjusting inter-
est rates, controlling currency ex-
change rates, and permitting the free
flow of capital across borders. Pick any
two of the three.
Under the post-World War II Bret-
ton Woods system, exchange rates
were fixed versus the U.S. dollar,
which was convertible into gold at $35
an ounce. Capital flows also were re-
stricted. But the system broke down in
1971, when President Richard Nixon
ended the greenback’s convertibility,
8 BARRON’S
Up & Down Wall Street Continued
“At the end of the day, the message is ultimately leading to the floating exchange
rates that prevail today.
Mundell’s prescription was to fix ex-
clear. Be disciplined about price, don’t change rates, curbing a central bank’s abil-
ity to manipulate interest rates, and in-
stead use fiscal policy to pursue
overreact to headline news and be a macroeconomic goals. His fans say this
produced what would come to be called
long-term investor.” supply-side economics, with the tax cuts
under President Ronald Reagan spurring
growth and the tight monetary policies of
Federal Reserve Chairman Paul Volcker
- Jim Cullen, Chairman & CEO reining in double-digit inflation. Exchange
rates were anything but stable, however,
with the dollar soaring from record-high
U.S. interest rates, making for a global
monetary squeeze.
High Dividend Value Equity That’s history. Mundell is known more
recently as the father of the euro, which
was based on his theory of an optimal cur-
rency zone. Key to the success of a single
currency is labor mobility, so workers can
Enhanced Equity Income go where the opportunities are.
In theory, euro-zone workers can move
all the way from the south of Italy as far
north as Finland. In reality, there is less
Value Equity cross-border movement. The region has
widely disparate local economies, with dif-
fering levels of productivity, from richer
Northern Europe to the poorer south. Be-
International High Dividend fore the creation of the common currency,
those differences could be compensated for
by exchange rates; the Italian lira, for exam-
ple, would fall against the German mark.
The use of the euro makes that impossi-
Emerging Markets High Dividend ble. So Greece underwent an “internal de-
valuation” during its crisis of the past de-
cade, producing painful deflation and high
unemployment. Ireland went through aus-
terity, too, but recovered far more quickly.
Rather than lose its monetary indepen-
dence, the United Kingdom kept the
pound, a decision made long before Brexit.
Maintaining monetary sovereignty is
central to a nation’s ability to run an inde-
pendent fiscal policy, writes Stephanie
Kelton, the leading proponent of modern
For further information, please contact Schafer Cullen Capital Management monetary theory, in her book The Deficit
Myth. Basically, she contends, a country
212.644.1800 • info@schafer-cullen.com • schafer-cullen.com
can’t go broke if it can issue the currency
needed to pay its debts.
The U.S. has long been said to have an
exorbitant privilege in this regard because
Schafer Cullen Capital Management is an independent investment advisor registered under the Investment the rest of the world uses dollars as the
Advisers Act of 1940. This information should not be used as the primary basis for any investment decision main medium of exchange and store of
nor, should it be construed as advice to meet a particular investment need. It should not be assumed that any value. Central banks and other monetary
security transaction, holding or sector discussed has been or will be profitable, or that future recommendations institutions use dollar securities, especially
or decisions we make will be profitable or equal the investment performance discussed herein. A list of all Treasuries, as their favored liquid asset.
recommendations made by the Adviser in this strategy is available upon request for the 12 months prior to the As long as they use our IOUs to stash their
date of this report. cash, America can borrow cheaply.
Since the pandemic hit a year or so ago,
however, America’s exploding budget defi-
April 12, 2021
cit has been covered in large part by the
Fed’s balance-sheet expansion. As Stepha-
nie Pomboy points out in her latest Macro-
Mavens missive, the Fed’s holdings of
Treasuries have roughly doubled in that
time, to about $5 trillion, while the federal
government ran a budget deficit of $3.5
trillion in the 12 months ended February.
In the process, the Fed’s Treasury bond-
holdings zoomed past those of foreign na-
tions parked at the U.S. central bank, which
have remained flat around $3 trillion. And
overall foreign holdings of Treasuries fell by
$591 billion in the latest 12 months.
The Fed’s massive securities purchases
fueled a $4.2 trillion explosion in the broad
M2 money supply in the year through Feb-
ruary. That, in turn, helped send the U.S.
Dollar Index tumbling 13% from its peak
last March to the turn of the year. Since
then, it’s recovered by about 3%.
That brings the discussion back to gold,
which should be viewed as a currency, but
one that can’t be printed. From its pan-
demic nadir, the metal rallied 36.6%, to
$2,028 an ounce in early August, before
slumping 13.6%, to $1,752.90.
One would have thought that the Fed’s
rapid monetary expansion to help spur the
economy’s recovery would have lifted gold.
But the main beneficiaries have been cryp-
tocurrencies. (See this week’s cover story.)
According to a J.P. Morgan report, $20
billion flowed out of gold exchange-traded
funds in the most recent two quarters,
while $7 billion went into Bitcoin funds.
Crypto’s competition with the metal will
continue, given millennials’ preference for
“digital gold” over the real thing, the bank
maintains. While Bitcoin has doubled
since the end of 2020, to over $58,000, in
tandem with the S&P 500 hitting records,
gold has been held back by the rise in 10-
year Treasury yields, especially inflation-
adjusted real yields.
Pomboy, along with other observers,
thinks the Fed could implement “yield
curve control,” a euphemism for capping
longer-term interest rates. But, she adds,
the central bank would need to do so qui-
etly, to avoid setting off a stampede of sell-
ing by foreign creditors.
Short of that, just to attract the capital
needed to fund the twin deficits (budget
and current account) requires a cheaper
dollar. The best means to hedge the risk of
an inflationary dollar decline could be gold
or mining stocks such as Barrick Gold
(ticker: GOLD), which aren’t themselves
already inflated. B
email: randall.forsyth@barrons.com
April 12, 2021 BARRON’S 9

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10 BARRON’S April 12, 2021

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April 12, 2021
ST R E E T W I S E
An Auto-Parts Giant
Preps for the Future
Of Electric Vehicles
F
or all the hard-charg-
ing talk about electric
cars, you might think
that they were taking
over the U.S. market.
In fact, they’re ex-
pected to hit only
about a 3.5% market share this year,
up from 2.5% last year, according to
researcher IHS Markit. So why do
auto stocks seem to be rising in pro-
portion to companies’ plug-in an-
nouncements?
Look to Europe for clues. Electric
cars there are suddenly 14% of the
market, or 23% if we count plug-in
hybrids that burn fossil fuel for
backup. Tax incentives help explain
the uptake. France offers 7,000 euros
(about $8,300) toward EVs, plus
€5,000 for trading in clunkers. Ger-
many has €9,000 subsidies, exemp-
tions from yearly car taxes, local park-
ing perks, and more.
In the U.S., meanwhile, a $7,500
credit for every electric vehicle phases
out after companies sell 200,000 of
them, so Tesla (ticker: TSLA) and
General Motors (GM), the biggest EV
players, no longer benefit. There is talk
of lifting the cap, raising the dollar
amount, and multiplying the number
of charging stations as part of an infra-
structure deal. Politicians will call that
either a needed boost toward moder-
nity or an unaffordable sop, depending
on which you ask. But if it happens,
the effect will be “a significant bullish
catalyst for EV sales domestically over
the coming years,” according to Wed-
bush Securities analyst Daniel Ives.
Tax perks aside, vehicle selection
could also explain why the U.S. has
BARRON’S
Europe may provide clues to what happens next
in the U.S. Electric cars there are now 14% of the
market. Tax incentives help explain the uptake.
components like electric drive mod-
ules. Last year, it bought Delphi Tech-
nologies, which adds power electron-
ics to make plug-in cars more efficient.
“Some people think that efficiency of
the powertrain doesn’t apply to battery-
electric because we don’t have fuel effi-
ciency, so who cares, right?” Lissalde
says. “That’s absolutely wrong. Effi-
ciency in the battery-electric vehicle is
as, or more, important than fuel effi-
ciency [in conventional cars] because it
touches the range or cost of the vehicle
with the size of the battery pack.”
Lissalde’s view of customer orders
been slow to go electric, but could gives him as good an insight as anyone
catch up soon. Many Americans are into long-term EV adoption. He says
light-truck drivers. They will have that by 2030, about one out of three
their choice of six electric trucks this cars produced will be battery-only, and
year and 30 electric vehicles overall, another one out of three will be hy-
up from zero trucks and 17 vehicles brid. By then, EVs will bring in 45% of
last year, according to Edmunds, the BorgWarner’s revenue, he predicted at
car reviewer. an investor presentation last month.
“That acceleration that we see now, You would think that would cheer
By Jack Hough you will see it on the street three to five shareholders. General Motors stock is
years from now, because then the cars hitting new highs —new since emerg-
are going to be ready for sale,” Borg- ing from bankruptcy in 2009, any-
Warner CEO Frédéric Lissalde told me how—seemingly on its doubling down
about electric vehicles this past week. on EVs. Ford Motor (F) stock is hit-
Bear in mind that he is largely in ting levels not seen in years, for simi-
the business of selling clutches and lar reasons.
turbochargers to improve fuel effi- Yet while BorgWarner shares have
ciency in conventional cars and trucks. bounced back from last year’s market
EVs don’t need clutches, which are collapse, they’re still below where they
used to change gears, because they were three years ago. It’s not business.
don’t need multiple gears. And they Lissalde says demand is strong, and
don’t need turbochargers, which aid that the main growth constraint in the
combustion in cylinders the way a car industry now is the semiconductor
bellows aids a fire, because electric shortage. Wall Street expects Borg-
vehicles have no cylinders, and no Warner to generate nearly $1.1 billion
combustion. in free cash next year, 10% of the com-
BorgWarner (BWA) has prepared pany’s stock market value, and sees
for this moment gradually over the that figure rising by about 10% annu-
past eight or so years by designing ally over the following three years.
BARRONS.COM/PODCASTS
Barron’s Streetwise
In a weekly podcast by Barron’s, columnist Jack Hough looks
at the companies, people, and trends you should be watching.
This is Wall Street like you’ve never heard before. Subscribe
to Barron’s Streetwise on Spotify, Apple Podcasts,
or your favorite listening app.
11
Surely that kind of financial fire-
power will be useful for funding elec-
tric vehicle investments. Anyhow,
what happened to the investor rotation
into value stocks? BorgWarner is less
than half as expensive as the S&P 500
index, relative to earnings.
Count Morgan Stanley analyst
Adam Jonas among the bears. Man-
agement has done a good job of re-
sponding to a once-in-a-generation
upheaval in the car business, he wrote
after the investor day. Still, the gradual
runoff of the company’s products for
conventional fuel-burning cars is a
sure thing, and the eventual profitabil-
ity of its newer products for EVs re-
mains to be seen. Plus, car makers
could always make more components
in-house.
But James Picariello at KeyBanc
Capital Markets recommends buying
Borg Warner shares. He predicts that
the shift to electrification will increase
the company’s dollar value of content
per vehicle. Earnings estimates look
beatable, and free cash flow is more
than enough to pay for record research
and development outlays, plus electric
deal-making. In February, BorgWar-
ner agreed to buy Akasol, a German
maker of battery systems for commer-
cial EVs, for $880 million.
Lissalde, who became chief execu-
tive in 2018, once managed BorgWar-
ner’s turbo business, and says it still
has some oomph left. “With any good
hybrid propulsion architecture, it’s
usually a turbocharged, downsized
gasoline engine,” he says. “So for a lot
of our combustion product lines, we
still see growth for about the current
decade. And then we’re just going to
manage a product that is declining and
another one that is growing.”
Jonas at Morgan Stanley, however,
says that some car makers might shun
hybrid architectures and go straight to
battery-only vehicles. General Motors,
for example, doesn’t make hybrids.
There are clear risks. But BorgWar-
ner’s free cash flow is pegged at $5.7
billion cumulatively through 2025. For
an $11 billion component maker, any-
thing close to that figure will offer
plenty of paths forward. B
email: jack.hough@barrons.com
12 BARRON’S April 12, 2021

R E VIEW 33,800.60
Dow Industrials: +647.39
533.39
Dow Global Index: +10.12
1.66%
10-year Treasury note: -0.02

Spring Fever HE SAID:

Stocks rolled after a blowout pre-
Easter jobs report, then regrouped, “It is possible that we
then rose again, setting another S&P
500 record. Optimism was the order
will have a Goldilocks
of the day, as the threat of rising bond moment—fast and
yields seemed to ebb, funds flowed
from emerging markets, and the Inter- sustained growth,
national Monetary forecasted record
global growth this year. An out-of-step
inflation that moves
negative: the second week of rising up gently (but not too
initial jobless claims. On the week,
the Dow industrials rose 1.95%, to much), and interest
33,800.60; the S&P 500 advanced
2.71%, to 4128.80; and the Nasdaq
rates that rise (but not
Composite popped 3.12%, to 13,900.19. too much).”
Tax Talk JPMorgan Chase
CEO Jamie Dimon,
THE VALUE IN WASTE HAULING Treasury Secretary Janet Yellen in his annual letter
pitched a global minimum tax as a

The Gold in THE NUMBERS

key part of funding President Biden’s
$2.3 trillion infrastructure program. A
global tax would reduce “race-to-the-

The Garbage 10.9%

Goldman Sachs thinks it’s time to buy garbage stocks—
literally. This past week, Goldman’s Jerry Revich launched
coverage of Republic Services, Waste Connections, and
Waste Management, all with Buy ratings. Waste haulers
have two things going for them. There aren’t many of
them per municipality. And there isn’t much waste-pro-
cessing infrastructure like landfills either, which folks
aren’t crazy having around. As regions grow, companies
haul more on a relatively fixed infrastructure.
Or as Revich writes: “Every ton of trash is 20% to
25% more profitable for public companies today than in
2008.” Often, haulers take their growing profits and
buy smaller, regional hauling companies. “The top four
solid-waste players now account for 56% of U.S. landfill
industry volumes, compared to 38% in 2008,” he adds.
Percentage of subprime car
buyers more than 60 days late
on payments, highest since
2005
500 K
Number of Amazon.com pan-
demic hires, versus 370,000
from 286 S&P 500 members—
from The Wall Street Journal
63.7%
The Institute of Supply Manage-
bottom” global corporate tax reduc-
tions, she said. Meanwhile, Democrats
planned to push the infrastructure bill
through the Senate on reconciliation,
avoiding a 60-vote approval. But West
Virginia Sen. Joe Manchin said he
would only support corporate taxes
rising to 25% from 21%, not 28%.
Amazon Wins Union Vote
Amazon.com won a closely watched
unionization vote of Alabama ware-
Americans to the movies. The monster
mashup, from Warner Brothers and Leg-
house workers, with some 59% of 3,041 endary Pictures, sold $32 million in tick-
workers voting not to join the union. ets over Easter weekend and $48.5 mil-
The Retail, Wholesale, Department lion in its first five days, for an inter-
Store Union said that it would appeal national total of $285 million, the best
the decision to the National Labor
Relations Board.

Archegos Fallout
movie opening since March 2020.

Annals of Deal Making

Oil and gas producer Pioneer Natural
Waste Connections, Waste Management, and Republic ment’s March services survey, Credit Suisse announced a $4.7 bil- Resources announced it was buying

Illustration by Elias Stein; Marlene Awaad/Bloomberg

shares have returned 22%, 20%, and 19% annually, on
average, respectively, for the past five years—versus the
S&P 500’s 17% a year. That means higher multiples, but
not too high. Waste Connections trades at 33 times esti-
mated 2021 earnings, against its five-year average of 28
times; Waste Management, 25 times 2021 profits, versus
22; and Republic, 25 times, versus 23. Revich’s price tar-
gets: $145 (WCN), $124 (WM), and $117 (RSG), some 10%,
11%, and 14% above recent levels.
Still, garbage stocks aren’t that popular on Wall Street.
Republic and Waste Management get a Buy from around
half the analysts rating them—compared with 60% for
the average Dow industrials stock. Waste Connections
breaks the mold: Almost 90% say Buy. — Al Root
highest on record
6%
IMF forecast for 2021 global
growth, highest since its first
comparable projection in 1980
To get Numbers by Barron’s
daily, sign up wherever
you listen to podcasts or at
Barrons.com/podcasts
lon loss on the Archegos selloff. The
Swiss bank, which also took a loss on
the Greensill Capital collapse, fired its
chief risk officer and investment
banking head, suspended its buyback
program, reduced its dividend, and
killed bonuses for CEO Thomas
Gottstein, and the executive board.
Gottstein was hired a year ago after
his predecessor, Tidjane Thiam, was
caught spying on departed executives.
Back to the Movies
Godzilla vs. Kong marked the return of
DoublePoint Energy for $6.4 billion…
Bankrupt car rental company Hertz
Global agreed to a plan from a consor-
tium of Centerbridge Partners, Warburg
Pincus, and Dundon Capital Partners
…Softbank Group will lead a $1.2 bil-
lion convertible-bond investment in ge-
netic testing concern Invitae, buy 40%
of Norwegian warehouse-automation
company AutoStore, and invest $500
million in mortgage lender Better…CVC
Capital Partners made a buyout proposal
to Toshiba, which would value the com-
pany at some $20 billon.
 April 12, 2021 BARRON’S 13

P R EV IEW Wednesday Earnings season begins in earnest with some of Sign up for the Review &
the largest money-center and investment banks
reporting. JPMorgan Chase, Wells Fargo, and Preview daily newsletter at
Goldman Sachs Group release first-quarter results before the market open. Barrons.com/reviewpreview

Monday 4/12 Builders releases its NAHB/Wells

Nvidia hosts its 2021 investor day in
conjunction with its GPU Technology
conference. Nvidia CEO Jensen Huang
will give the keynote address.
Fargo Housing Market Index for April.
Economists forecast an 84.5 reading,
greater than the March data. Any read-
ing above 50 indicates that home build-
ers are bullish on the housing market
for the next six months.

Tuesday 4/13 The Census Bureau reports retail

Fastenal reports quarterly results.
The Bureau of Labor Statistics re-
ports the consumer price index for
March. Economists forecast a 0.4%
monthly increase, matching the Febru-
ary data. The core CPI, which excludes
volatile food and energy prices, is ex-
RISING EXPECTATIONS pected to rise 0.2%, after edging up
0.1% in February.
sales data for March. The consensus
call is for consumer spending to rise
1.3% month over month, after declining
3% in February.
Friday 4/16
Bank of New York Mellon, Citizens
Financial Group, Kansas City
Southern, Morgan Stanley, PNC

A Reopening
Bank Shots Financial Services Group, and State
The number of bank deals varies, The National Federation of Indepen- Street hold conference calls to discuss
but in 2020 bank M&A plunged after dent Business releases its Small Busi- earnings.
ness Optimism Index for March. Con-

For Bank Deals

the pandemic hit.
sensus estimate is for a 98 reading, The University of Michigan releases
U.S. Bank Acquisitions, higher than February’s 95.8. its Consumer Sentiment Index for
2016 to First Quarter 2021
April. Expectations are for an 88 read-
300 ing. March’s 84.9 figure was the high-
Bank deals are rising—slowly. The first quarter saw 30, in- Wednesday 4/14 est since a year earlier.
vestment advisory firm Raymond James says, up from 29 in
200
the fourth, but below the 46 in 2020’s first quarter, before First Republic Bank releases The Census Bureau reports new resi-
Covid arrived. At this rate, the number of deals as a percent- earnings. dential construction data for March.
age of total banks is at 2.4% for the year—up from 2.3% in 100
Economists forecast a seasonally ad-
2020, but below the nearly 3% prepandemic. The BLS reports export and import justed annual rate of 1.61 million hous-
Expectations are higher for the second half. Raymond price data for March. Expectations are ing starts, a 13% month-over-month
James analysts note that 64% of bank managers said they 0 for a 1% month-over-month rise in increase.
were in active M&A talks in March, compared with 49% in export prices, while import prices are
2016 ’17 ’18 ’19 ’20 ’21
December. And the pandemic has tightened the consolida- seen increasing 0.8%. This compares
tion vise. Smaller banks, beset by low interest rates and a with gains of 1.6% and 1.3%, respec- Coming Earnings
Consensus Estimate Year ago
need to digitize, require scale to buy tech. On Solid Ground tively, in February. T
Meanwhile, valuations have increased. The average mul- Fastenal (Q1) $0.37 $0.35
Banking stocks—large, middling, and
tiple of stock price to tangible book value per share rose to The Federal Reserve releases the W
small—plunged in tandem as the Bed Bath & Beyond (Q4) 0.31 0.38
1.5 times in the first quarter from 1.26 times in 2020’s fourth beige book for the second of eight times
pandemic hit,then recovered in 2021. JP Morgan (Q1) 3.00 0.78
quarter, Raymond James says, while the average ratio of this year. The beige book gathers anec- Goldman Sachs (Q1) 9.27 3.11
price to last year’s earnings per share expanded to 22.4 times SPDR S&P Bank ETF, SPDR S&P dotal information on current economic Wells Fargo (Q1) 0.66 0.01
from 20.1 times. “Given that bank stocks are outperforming Regional Banking ETF, FirstTrust conditions from the 12 Fed districts. More Earnings on Page M32.
Nasdaq ABA Comm. Bank Index,
the S&P 500 this year, we believe pricing multiples will gen-
last three years Consensus Estimate
erally move upward as the year progresses,” Raymond Day Consensus Est Last Period

James analyst Michael Rose wrote in a note. 25% KBE US Equity

KRE US Equity
Thursday 4/15 M
T
March Treasury Budget
March CPI
-$797.5 bil
0.50%
-$310.9 bil
0.40%
Rose says the best way to play the merger trade is to find TH March Retail Sales 5.5% -3.0%
QABA US Equity
banks that have “appetite, capital, and integration skills” to 0 Bank of America, BlackRock, March Capacity Utilization 76.2% 73.8%
get good deals done. His likely buyers include Premier Fi- Charles Schwab, Citigroup, Delta March Industrial Production 2.8% -2.2%
Illustration by Elias Stein

nancial, Simmons First National, and Altabancorp, given Air Lines, PepsiCo, PPG Industries, February Business Inventories 0.3% 0.3%
-25 April NAHB Housing Market Index 84.0 82.0
their strong capital levels and historic appetite for deals. Al- Truist Financial, U.S. Bancorp, and
F March Housing Starts 12.6% -10.3%
tabancorp, with a market cap of nearly $800 million, also UnitedHealth Group report quarterly Unless otherwise indicated, times are Eastern. a-Advanced;
makes his list of acquisition candidates, with Bank of Com- -50 results. f-Final; p-Preliminary; r-Revised Source: FactSet
For more information about coming economic reports
merce, Central Valley Community Bancorp, Heritage 2019 ’20 ’21 - and what they mean - go to Barron’s free Economic
Commerce, and First Financial. — Carleton English Sources: Raymond James; FactSet The National Association of Home Calendar at www.barrons.com
14 BARRON’S April 12, 2021

FOLLOW-UP
The S&P 500 has returned an average of 2.4% in
the 13 years when both corporate and individual
taxes rose. The next year is worse.

Tax Hikes Raise Risk

that would be a mistake. The S&P 500
has returned an average of 2.4% in the
The Taxman Cometh?
13 years in which both corporate and These five stocks have low effective tax rates and get a large portion of their earnings from
overseas.
individual taxes rose, according to

For Tech, Financials BTIG data, compared to 8% during all

years. The following year has been
even worse, with the S&P 500 averag-
Company / Ticker
Foreign
Recent Effective
Price Tax Rate Comment

Apple / AAPL $127.90 9% Tech titan gets 62% of its income from abroad.
ing a 0.9% loss.
“Common wisdom has it that equi- The semiconductor company receives 95% of
So far, investors are ignoring the possibility that the Lam Research / LRCX 658.78 5 its earnings from overseas.
ties are indifferent to tax hikes,” says
proposals would hurt stocks. That might be a mistake. Julian Emanuel, chief equity and de- Half of the biotech giant’s income comes from
Amgen / AMGN 248.12 6
rivatives strategist at BTIG. “They outside the U.S.
aren’t.” About 62% of the money-transfer company’s
By JACOB SONENSHINE Western Union / WU 25.27 12
The lack of investor response could income comes from outside the U.S.

I
n this world, nothing is certain except death and
taxes—and apparently, tax hikes under President Joe
Biden.
Biden wants to spend more than $2 trillion on an
infrastructure package that includes more than just
infrastructure, a theme Barron’s delved into last week.
To get the job done, he’ll need to pay for it, which means
higher taxes.
Under his proposal, the corporate rate would jump from
21% to 28%, while capital gains for those earning more than $1
million annually could go from 21% to 39.6%, and individuals
making more than $400,000 would pay 39.6%, up from 37%.
The final numbers might change, but don’t be surprised if the
direction remains the same.
The market appears to be ignoring the possibility. The
S&P 500 has gained almost 4% since the day before the
plan was announced on March 31, and has hit new highs.
That’s largely because investors expect taxes to be offset by
spending and a booming economy. Yet history suggests
prove to be just a matter of timing. The
S&P 500 did not react to tax cuts un-
der President Donald Trump until just
a month before they were passed by
Congress, notes David Kostin, Gold-
man Sachs’ chief U.S. equity strategist,
likely because no one knew what the
law would actually look like. The same
is probably true for Biden’s tax hikes, if
they pass.
“Within the equity market, the rela-
tive winners and losers of the next fis-
cal package will depend on the specific
provisions,” Kostin writes.
Higher capital-gains and income-
tax rates are a risk to equity valua-
tions and consumer spending, respec-
tively, but the biggest risk is from
higher corporate taxes, which would
have a direct impact on earnings. Par-
Illumina / ILMN 400.55
Sources: UBS; Goldman Sachs; FactSet
ticularly vulnerable are companies
that pay low tax rates on overseas
profits, who would be forced to pay a
21% GILTI—or global intangible low-
taxed income—tax in the U.S. on those
earnings. Many of these companies
won’t get much benefit from domestic
fiscal spending, making them doubly
exposed.
All told, the S&P 500 could take a
7.4% hit to earnings from the planned
tax increases, assuming the plan
passes in its current form, says UBS
strategist Keith Parker, though he
expects the actual impact to be about
Nearly 80% of genetic sequencer’s earnings
8
come from abroad.
half of that. Information technology,
communication services, financials,
consumer discretionary, and health-
care all have greater exposure than
the overall index. Companies exposed
to hikes include Lam Research
(ticker: LRCX), Amgen (AMGN),
Western Union (WU), Illumina
(ILMN), and Apple (AAPL).
“The potential for higher corporate
taxes is likely to be a notable head
wind for the most affected stocks,”
Parker says.
Even if investors are ignoring the
threat for now. B

Goldman G
oldman Sachs Group stock has gained 67% since
Barron’s recommended it last June—and there’s no
reason it can’t keep rising.
It’s not just Barron’s that feels good about Goldman
now baking into our models, although prior years, giving the bank a signifi-
they are the least impacted of the banks cant boost.
in our universe,” Horowitz writes. But it’s not just its traditional bread-
The trends that propelled Goldman and-butter businesses that should help

Still Has (ticker: GS). Citigroup analyst Keith Horowitz has lifted his
price target on its shares by $20, to $390, implying an 18%
gain from a recent $331.14. Goldman, which generally fared
last year are still in play as companies
continue to seek initial public offer-
ings and mergers. Trading remains
Goldman. Last year, at its first-ever
investor day, the bank highlighted
plans to grow its wealth management

Room to Run
The bank’s stock has gained 67%
since last June, and with trading
and deal-making continuing to roll,
there’s good reason to be bullish.
By CARLETON ENGLISH
better than its peers throughout the pandemic, is poised to
benefit from a strong macro environment, Horowitz says.
The analyst also boosted his first-quarter earnings pro-
elevated, compared to the levels in and consumer banking businesses.
Historically, those businesses have
provided more stable sources of reve-
jection by $3.46, to $11.22 a share, and he sees the bank Goldman Sachs nue than trading and investment bank-
making $38 a share for all of 2021, well ahead of the con- GS | NYSE
ing, which ebb and flow depending on
sensus estimate of $31.67. market conditions.
Goldman has performed well over the past year, thanks $400 Investors will get a chance to see
to a surge in trading and deal-making. Given its relatively June 12, 2020 how Goldman Sachs is doing next
300
small loan book, the bank avoided having to boost reserves week, when it reports first-quarter re-
by billions to protect against potential credit losses, as sults. Peers such as JPMorgan Chase
200
other big banks did. The firm is also less exposed to the (JPM), Wells Fargo (WFC), Bank of
negative effects of low interest rates. 100 America (BAC), Morgan Stanley
“We think management can achieve mid-double-digit re- ’21 (MS), and Citigroup (C), also announce
turns, helped by a higher rate environment, which we are Source: FactSet quarterly earnings next week. B
 April 12, 2021
Cruise Lines
Could Veer
Off Course
The stocks have rallied on hopes
for a return to voyages, but
investors are overlooking the risks
By ANDREW BARY
F
ew industries have raised
as much money during the
pandemic as the cruise-line
companies.
Facing a virtual shutdown
and suffering heavy losses,
the three dominant cruise-
line operators—Carnival (ticker: CCL),
Norwegian Cruise Line Holdings
(NCLH), and Royal Caribbean Group
(RCL)—have raised a total of about $40
billion through debt and equity sales.
Unlike the U.S. airline industry,
cruise-line companies were pretty
much on their own and received no
financial help from the federal stimu-
lus bills. Why? While the companies
operate out of Florida, they are domi-
ciled offshore in tax havens and pay
no material U.S. income taxes.
The debt and equity sales have left
the three companies with ample cash
to ride out the downturn, but they
have come at a price. They will cut
into investor returns because of higher
interest expenses and a sharp increase
in shares outstanding.
Carnival’s debt, for instance, is
expected to rise to about $23 billion
by the end of its current fiscal year in
November, up from $11 billion at the
end of 2019. The company’s projected
interest expense this year of $1.7 bil-
lion is up from $200 million in 2019,
and its shares outstanding are up to
1.1 billion from about 700 million.
Lucy Nicholson/Reuters/Alamy
Dividends and share repurchases
are probably off the table for several
years as the companies focus on debt
reduction. For industry leader Carni-
val, which has raised $23.6 billion
since March 2020, that calls for cau-
tion on its stock.
The bull case is that the cruise lines
will benefit from a huge pent-up de-
mand as more people are vaccinated
and the economy opens up. Investors
have been willing to shrug off the
losses—this past week, Carnival re-
ported a $2 billion loss for the first
quarter—and are looking ahead to a
full return to voyages.
The shares of Carnival, Norwegian,
and Royal Caribbean have rallied
lately, along with other travel-related
stocks.
“There’s definitely a reopening and
momentum trade going on here,” says
Patrick Scholes, an analyst at Truist
Securities. “The market is baking in
a full return to sailing by sometime
early next year, which is questionable,
and that 2023 not only will be a nor-
mal year but one that is better than
2019, which is also questionable.”
He has a Sell rating on Carnival’s
shares and Hold ratings on Norwe-
gian’s and Royal Caribbean’s.
Carnival, at about $29, trades for
17 times projected 2023 earnings per
share of $1.67; Norwegian, at $31,
fetches 13 times estimated 2023 earn-
ings of $2.30 a share; and Royal Ca-
ribbean, at $90, trades for 15 times
projected 2023 profits of $5.99 a
share.
These are optimistic earnings esti-
mates that assume higher operating
profits in 2023 than in 2019. Morgan
Stanley analyst Jamie Rollo, who has
below-consensus industry earnings
projections for 2023, wrote on Friday
that “we doubt the industry will be
larger or more profitable than it was
pre-Covid.”
There may not be meaningful free
cash flow until 2023 or 2024 because
of interest expenses and still-lofty
capital expenditure, as the industry
seeks to refresh a fleet that has an
average age of more than 10 years.
T
here are signs, to be sure, that
vacationers are eager to resume
travel and return to the seas.
Carnival highlighted that
trend in a first-quarter update this past
week. Booking volumes accelerated in
the first quarter and were about 90%
higher than in the fourth quarter, re-
flecting “significant pent-up demand,”
Carnival said. It added that advance
bookings for 2022 are running ahead
of a “very strong” 2019.
In a conference call, Carnival CEO
Arnold Donald said the company had
enough liquidity to last well into next
year without any revenue. Its financial
priorities, once voyages begin, include
BARRON’S 15
The Carnival Panorama cruise ship
docked in Long Beach, Calif.
because they are among the few groups
of stocks in the travel industry that are
still appreciably below prepandemic
levels.
Carnival, for instance, is 40% be-
low a price of $50 at year-end 2019.
Yet the three cruise-line operators
have projected year-end enterprise
values (equity value plus net debt) that
are above where they stood at the end
of 2019 as a result of higher debt and
more shares outstanding.
Much to the frustration of the in-
dustry, the U.S. Centers for Disease
Control and Prevention hasn’t set a
firm date for the resumption of voy-
ages from U.S. ports, although the
agency did say last week in an email to
Barron’s that it desired a “resumption
regaining an investment-grade bond of passenger operations in the U.S.,
rating and cutting interest expense. Total expressed by many major cruise ship
Royal Caribbean’s chief financial Financing operators and travelers, hopefully by
officer, Jason Liberty, said earlier this midsummer.”
year that the company expected that
Since the Norwegian Cruise Line recently
the resumption of voyages would lead Pandemic offered to sail ships with fully vacci-
to “compelling returns and a strong Carnival nated passengers and crew to break
balance sheet.” $23.6 billion the logjam and restart U.S. voyages
Norwegian Cruise Line CFO Mark Norwegian in July.
Kempa said in the company’s fourth- Cruise Line Norwegian’s CEO, Frank Del Rio,
quarter earnings release that it re- $7.6 billion told CNBC that “it’s time to get back
mained “focused on our long-term to cruising” and that fully vaccinated
Royal
strategic priorities and creating a clear ships will be among the safest venues
Caribbean
path to financial recovery.” anywhere.
$10.8 billion
Investors have gravitated to cruise Sources: J.P. Morgan;
Scholes says that fully vaccinated
lines, in part, says Truist’s Scholes, company reports ships may not be a long-term solution
for the industry, given that a sizable
percentage of Americans are vowing
Cruise Control not to be vaccinated.
The cruise-line operators’ enterprise values are projected to rise Asked about fully vaccinated ships,
significantly as a result of debt and equity sales during the pandemic. Carnival’s Donald said this past week
that the company would “have to see
Carnival / CCL* 2019 2020 2021E
how that evolves.”
Net Debt (bil) $11.0 $17.4 $22.9 “The key thing is mitigating risk,”
Shares Outstanding (mil) 690 922 1,132
he said. “We can’t be—prefer not to
be and hopefully won’t be—asked to
Enterprise Value (bil) $46.1 $43.8 $55.3 stand up to a zero risk standard be-
cause, frankly, nowhere else in society
Norwegian Cruise
Line Holdings / NCLH 2019 2020 2021E
is that being considered. We just like to
be treated similar to the rest of travel
Net Debt (bil) $6.6 $8.5 $9.3 and entertainment and tourism sector.
Shares Outstanding (mil) 215 294 355 And so if we do that, we’ll be fine.”
While bookings are strong, it
Enterprise Value (bil) $19.2 $17.6 $20.3 is unclear whether travelers—and
Royal Caribbean
particularly older ones, an important
Group / RCL 2019 2020 2021E demographic—will be as eager to go
on cruises as they were before the
Net Debt (bil) $11.0 $15.6 $17.3
pandemic.
Shares Outstanding (mil) 209 225 254 Investors don’t appear to be re-
flecting those risks or the earnings
Enterprise Value (bil) $38.9 $36.0 $40.4
dilution from the financing flood in
Note: net debt is debt less cash and equivalents. Enterprise value is equity market their enthusiasm for the cruise-line
value plus net debt *Nov. fiscal year end. E=estimate.
Sources: Morgan Stanley; J.P. Morgan; FactSet stocks. B
16
Debit or Credit?
How About Neither
Newly public Affirm Holdings is giving consumers a new way
to make purchases, no credit cards—or late fees—required.
By DAREN FONDA
T
he next few months should
be boom times for retailers
as stimulus checks pump
up the economy. But con-
sumers aren’t shopping the
way they used to. They are
souring on credit, and they
are increasingly likely to shop online
with a digital wallet rather than pull
out cash in a store.
The trends are fueling one of the
fastest-growing trends in e-commerce:
“buy now, pay later.” And they could
lift the shares of a leader in the space,
Affirm Holdings (ticker: AFRM).
The new take on installment plans
offers a way to make a purchase and
shell out cash in the future. That’s no
different than a credit card, of course.
But BNPL is more flexible. Buy some-
thing online with BNPL and you can
pay for it in a few weekly or monthly
installments, typically interest free.
Retailers like Walmart (WMT) are
now participating, aiming to boost
sales with the flexible payment plans.
And in today’s low interest-rate cli-
mate, most BNPL services offer zero-
percent interest for up to a year. Af-
firm doesn’t charge late fees.
“There’s demand for something that
works like a credit card but is easier to
understand and more transparent,”
says Max Levchin, CEO of Affirm.
Levchin, one of the founders of
PayPal Holdings (PYPL), launched
Affirm in 2012. The company has a
growing network of retailers, includ-
ing Casper Sleep (CSPR), Walmart,
and Peloton Interactive (PTON).
Affirm went public in January at $49 a
share and has a market value of $18.4
billion.
The stock looks compelling as a
long-term bet on BNPL. At about $70,
shares are down more than 50% from
BARRON’S
their February peak of $147. Revenue
is growing at a 30% annualized rate,
expected at $915 billion this year and
$1.2 billion in 2022. The firm is rack-
ing up operating losses but has enough
working capital to last for years.
“We’re investing for growth, and
it’s not the right time to get to operat-
ing profits,” Levchin says.
Affirm isn’t the only player in the
space. Afterpay (APT.Australia), an
Australian company traded in the
U.S., has been a pioneer. PayPal
launched a “pay in 4” service last year,
and American Express (AXP) has
entered the market. Private companies
offering BNPL include Klarna, Quad-
pay, and Bread, recently acquired by
Alliance Data Systems (ADS).
The companies are capitalizing on
consumer fatigue with credit-card fees
and charges. Card issuers raked in $135
billion in late fees and interest pay-
ments last year, according to Deutsche
Bank analyst Bryan Keane.
“This is a big pool up for disruption
on the consumer side,” he wrote in a
recent note.
Outstanding card debt fell about
$100 billion last year, to $820 billion
at the end of 2020, according to the
Federal Reserve Bank of New York.
BNPL accounted for 1% of U.S. e-
commerce sales before the pandemic,
worth $9.5 billion, but it’s growing
rapidly and is expected to reach 4.8%
by 2024, or $80 billion in U.S. sales
volume, according to FIS. It’s even
more popular in parts of Europe, such
as the U.K. and Sweden, and it has
gained a strong foothold in Australia.
Affirm has expanded its merchant
network to 12% of the top 500 online
retailers, ahead of Afterpay and
Klarna, according to Morgan Stanley.
It’s overexposed to Peloton, which
accounts for 24% of Affirm’s revenue,
but the percentage is declining as
Affirm grows its merchant base,
partly through its partnerships with
“There’s e-commerce platforms Shopify
demand for (SHOP) and Adyen (ADYEN.Nether-
lands). It’s launched high-yield sav-
something ings accounts, and it plans to issue a
that works debit card this year, expanding BNPL
like a credit to smaller, everyday transactions.
The economics work because of the
card but is fees embedded in the service. Con-
easier to sumers don’t see higher prices using
understand BNPL. Instead, merchants pay a fee
that, for Affirm, averages 5.8% of a
and more sale, according to Morgan Stanley.
transparent.” Merchants have been willing to pay up
Affirm founder and because the installment plans reduce
CEO Max Levchin friction at checkout and make pur-
April 12, 2021
Affirm Holdings
(AFRM / Nasdaq)
$150
125
100
75
50
Jan. 12 IPO at $49
25
Feb. 2021 Apr.
Source: FactSet
chases more palatable.
Peloton is able to offer its $1,900
exercise bike for $49 a month, with
0% interest. Affirm’s data also tell
merchants “what is and isn’t working
to drive incremental sales,” according
to Keane. Peloton declined to com-
ment on its relationship with Affirm.
To be sure, the installment-plan
economics may not stay attractive
forever. Price competition in merchant
fees could heat up; PayPal charges
2.9%, for instance, though it doesn’t
offer longer-term installment plans
and limits shopping carts to $600.
The industry could also face stiffer
regulation based on concerns that
BNPL is encouraging consumers to
overextend financially. And the Fed-
eral Reserve will eventually raise
short-term interest rates. That would
make it tougher for BNPL companies
to offer no-interest deals, and it could
erode their margins.
But Levchin says that Affirm has
done well in higher-rate environments
and that the company has hedges to
protect against rising rates. He adds
that the firm’s credit metrics are
healthy and that loan write-offs have
trended down. “We’re feeling quite
good about the financial health of our
portfolio,” he says.
How much is Affirm’s stock worth?
Wall Street’s price targets range from
$92 to $160. Even the low point sug-
gests more than 30% of upside.
Credit Suisse argues that the stock is
worth $105, based on a multiple of 30
Illustration by John Holcroft
times 2022 sales estimates. That would
be about three times PayPal’s valua-
tion, but Affirm is growing revenue
about 40% faster than PayPal. Assum-
ing that Affirm can keep up its growth,
it could be a stock to buy now and hold
for later. B
April 12, 2021 BARRON’S 17

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 April 12, 2021
S I Z I N G U P S M A LL- CA P S
This Laser Maker Is
On the Cutting Edge.
Its Stock Is Looking
Very Cheap.
Laser component maker II-VI is bulking up
with a big acquisition, its latest in a long run
of successful deals. Investors don’t like the
move. Here’s why they should.
By NICHOLAS JASINSKI
F
or decades, the laser indus-
try has been a fragmented
collection of small players.
There was, in fact, no laser-
like focus. But a wave of
mergers is changing the
dynamic, creating long-
term opportunities for investors.
For now, though, investors don’t
know how to account for it all. Indus-
try leader II-VI (ticker: IIVI) recently
earned the winning bid for optical
component maker Coherent (COHR).
Rival offers from competitors Lumen-
tum (LITE) and MKS Instruments
(MKSI) forced II-VI to raise its offer
several times and ultimately pay about
$7 billion in cash and stock. II-VI’s
stock dropped from a high of nearly
$100 to the mid-$60s when the bid-
ding war came to a close.
That was an overreaction, and II-
VI stock has rebounded to about $76
in recent days. But there’s even more
compelling value in the combination
of II-VI and Coherent than the market
is crediting. The stock should regain
the $100 level and continue moving
higher from there.
The tie-up is just the latest move in
a wave of laser consolidation, following
II-VI’s acquisition of Finisar in 2019
and Lumentum’s takeover of Oclaro
Courtesy of II-VI
in 2018. All of II-VI’s products are in
photonics, or the science of light, for
a wide range of applications. They in-
clude 3-D sensing technologies known
as VCSEL and Lidar, which allow an
Apple iPhone to recognize a user’s face
and help a self-driving car avoid obsta-
cles. The companies also supply key
components used in data centers and
fiberoptic telecom networks, as well as
industrial cutting lasers, reminiscent
of the weapon that supervillain Auric
Goldfinger used on agent 007—“No,
Mr. Bond, I expect you to die!” II-VI’s
lasers are also used for actual weapon
systems, including missile targeting.
Despite the recent turbulence for
the stocks, industry consolidation is
making the core players into more-
diversified businesses better able to
protect and develop their highly tech-
nical intellectual property. Increased
scale also gives II-VI and Lumentum
greater bargaining power with a con-
centrated group of customers. Apple
(AAPL), Nokia (NOK), Cisco Sys-
tems (CSCO), Huawei, and Samsung
Electronics (SSNLF) make up a criti-
cal mass of the industry’s customers.
Pennsylvania-based II-VI will fork
over $220 in cash and 0.91 of its own
shares for each Coherent share. The
combination will nearly double the
size of II-VI, which recently had a
market value of about $8 billion. (As
of now II-VI remains in the small-cap
Russell 2000 index.) Its name, pro-
nounced “two six,” refers to two
groups in the periodic table used to
make many of its laser products.
Adding Coherent will give II-VI
greater exposure to end markets like
life sciences, semiconductor capital
BARRON’S
equipment, and advanced laser-
welding applications.
The deal is straight out of the com-
pany’s time-tested playbook. II-VI has
completed some two-dozen mergers
and acquisitions over the past 20 years,
from small tuck-ins to the Finisar deal.
CEO Chuck Mattera, who holds a
doctorate in chemistry, came to II-VI
as a board member in 2000 after a 25
year career at Bell Laboratories and
Alcatel-Lucent. Since then, II-VI has
grown from about $150 million in an-
nual revenue to an estimated $3 billion
for this fiscal year, which ends in June.
“Acquisitions are a part of our strat-
egy,” says Mattera, who took over the
top job in 2016. “Putting together
these two companies creates a global
leader in photonics and complements
our underlying capabilities. We be-
II-VI
Laser-components maker
Headquarters: IIVI (Nasdaq)
Saxonburg, Pa.
Recent Price: $76.22
YTD Change: 0.3%
2021E Sales (bil): $3.1
2021E Net Income
(mil): $458
2021E EPS: $3.71
2021E P/E: 20.5
Market Value (bil): $8.0
2019
E=estimate; June fiscal year end
19
lieve that there’s just a tremendous
and compelling opportunity that the
combined companies will be uniquely
positioned to pursue.”
II-VI and Coherent had combined
sales of over $4 billion in 2020. The
deal is scheduled to close by the end of
this year, pending regulatory approval
in the U.S. and China, which are home
to the majority of II-VI’s employees
and manufacturing facilities. Manage-
ment expects the merger to eventually
save $250 million a year in expenses—
more than 6% of combined 2020 reve-
nues—and to boost earnings per share
in year two.
Most of II-VI’s and Coherent’s end
markets are growing, as smartphones,
cars, and trucks get more complex,
fiber-intensive 5G networks are rolled
out across the globe, and the digital
world continues to migrate to the
cloud. Wall Street analysts estimate
30% sales growth for stand-alone II-
II-VI’s laser-based VI in pandemic-boosted fiscal 2021,
products include followed by 10% growth next fiscal
3-D sensing chips,
shown on the wafer year. Coherent is seen increasing reve-
above. They allow nue by about 15% in its fiscal 2021 and
an Apple iPhone to
recognize a user’s
2022, which end in September.
face or help a self- A more diversified portfolio
driving car avoid should better insulate II-VI from the
obstacles.
ups and downs of its customers. No
single industry will represent more
than 50% of the combined company’s
sales, and investors may reward the
shares with a higher valuation multi-
ple as a result; II-VI stock trades for
about 18 times estimated earnings
over the coming year.
The average price target on II-VI
stock is $106, or some 40% above cur-
rent levels, with 75% of analysts rating
the stock at Buy, according to FactSet.
The II-VI/Coherent deal also has a
vote of confidence from private-equity
firm Bain Capital, which took the un-
conventional step of purchasing at
least $1.8 billion of equity in the com-
bined company. Bain’s co-chairman,
Steve Pagliuca, will also join II-VI’s
$100 board of directors.
Bain’s investment reduces II-VI’s
80 required borrowing, with net debt
of $4.9 billion anticipated at closing.
60 That’s a manageable 3.8 times the com-
bined company’s earnings before inter-
40 est, taxes, depreciation, and amortiza-
tion, or Ebitda. II-VI aims to get below
20 three times within two years.
The market was too quick to dis-
0 miss the logic of a II-VI/Coherent tie-
’20 ’21 up. Investors now get a second swing
Source: FactSet at the shares. B
20 BARRON’S
The Blood Test
Changing the
Cancer Outlook
Liquid biopsies that track cancer-related DNA have spawned start-ups
and eye-popping projections. The technology is exciting, if early.
By BILL ALPERT
I
n 2009, Exact Sciences’ CEO
Kevin Conroy visited the
Mayo Clinic to meet the
inventor of a test for colon
cancer—a test the company
later marketed as Cologuard.
Conroy found that the Mayo
researcher, David Ahlquist, had
ambitions that went far beyond
colon cancer. Ahlquist said he
believed that the same DNA screen-
ing technology would someday de-
tect all types of cancers. He pre-
dicted that it would have a greater
effect on human health than any
other diagnostic. “I thought this was
pie-in-the-sky—way, way out there,”
Conroy says now. “But we are very
close to it.”
Today, Exact Sciences (ticker:
EXAS) and a growing number of
other companies are refining tests
that can detect many kinds of can-
cers using a simple draw of blood—
what’s known as a liquid biopsy.
This could represent a major break-
through in cancer diagnosis, mak-
ing cancer screening as easy for
patients as the routine blood tests
of an annual physical. Current
cancer screening mostly involves
tissue biopsies, radiographic scans,
or invasive endoscopies. Many can-
cers can’t be screened at all.
The leader in the race to develop
multicancer blood tests is Grail, a
venture spun off in 2016 by genetic-
April 12, 2021
sequencing powerhouse Illumina
(ILMN). Within months, Grail plans
to launch a blood test that screens for
50 types of cancer. It hopes the test
will prevent nearly 40% of cancer
deaths among patients screened. Last
fall, Illumina agreed to reacquire
Grail for $8 billion. But at the end of
March, antitrust regulators filed to
block the deal, arguing that multi-
cancer blood screens were such a
“game changer” technology that
Grail’s acquisition would give Illu-
mina too much power.
Meanwhile, Exact Sciences re-
cently paid $2 billion for Thrive, a
cancer-screen developer that, like
Grail, hasn’t seen its first sales dollar.
Despite the losses at these, and most
other, liquid biopsy developers, the
value of early detection for cancers
on a mass scale has Wall Street ana-
lysts looking at enormous numbers.
Cowen’s Doug Schenkel thinks the
U.S. market could range from $30
billion annually to as much as $130
billion by the next decade. That
range is wide, but the top estimate is
the size of the entire U.S. medical
diagnostics market. The global mar-
ket could be twice that.
“So much of our healthcare costs
come from late-stage disease man-
agement,” says Eli Casdin, whose
Illustration by Shout
Casdin Capital has invested in liq-
uid biopsy developers. “These tests
could save a tremendous amount of
downstream costs, morbidity, and
mortality.”
 April 12, 2021
L
iquid biopsies are so new and
their potential so large that
Schenkel tells clients to buy a
basket of stocks—venture-
capital style. While Illumina and
Exact are working on liquid biop-
sies for multicancer screening, other
companies already market blood
tests to guide drug selection for can-
cer patients, or to monitor for recur-
rence after treatment. Those include
Roche Holding (RHHBY), Guar-
dant Health (GH), Natera (NTRA),
Invitae (NVTA), and China’s Burn-
ing Rock Biotech (BNR).
With cancer close to overtaking
cardiovascular disease as the big-
gest killer in the developed world,
a multicancer blood screen could
make a big difference. “The goal is
to make this applicable to everyone
in the world over 50,” says Grail
co-founder Alex Aravanis, now
Illumina’s technology chief. “But we
have a bigger ambition, which is to
bend the cancer mortality curve.”
While Illumina hopes to lead the
cancer screen quest by buying Grail,
Illumina made it all possible by
driving down the cost of sequencing
genomes. The Human Genome Proj-
ect spent over a half-billion dollars
to publish the first map of the three-
billion-unit sequence of human
DNA in 2003. Sequencing costs had
fallen to about $10 million by 2007,
when Illumina introduced its so-
called next-generation sequencing
tool that slashed the cost to
$150,000, then, by 2010, to some
$10,000. Today, it’s below $600—
and on its way to $100.
Cheaper sequencing enabled re-
searchers to identify genetic muta-
tions associated with many cancers.
Drug companies then developed
therapies to target cancer mecha-
nisms, and pathology labs began
“genotyping” patients’ tumor
tissue—sequencing cancer cell ge-
nomes to identify their mutations.
The falling cost of sequencing
spawned an industry of genotyping
labs. In 2012, Foundation Medicine
rolled out a single test that assessed
tissue samples for cancer-related
mutations in 236 genes that inform a
PA Images / Alamy Stock Photo
physician’s choice of treatment. Five
years later, Foundation received the
first Food and Drug Administration
approval of a tissue test for muta-
tions in lung, breast, ovarian, colon,
and skin cancers. FDA approval isn’t
required to market a clinical lab test
in the U.S., but it can enhance accep-
The New Diagnostic Players
A group of companies has emerged with innovative cancer blood tests. They include sequencing power Illumina and a number of still-unprofitable start-ups.
Market
Recent
Company / Ticker Price
Illumina / ILMN $400.55
Exact Sciences / EXAS 129.18
Guardant Health / GH 158.03
Natera / NTRA 101.42
Invitae / NVTA 37.36
Burning Rock Biotech / BNR 29.70
E=estimate Source: FactSet
tance and reimbursement.
In 2018, Foundation’s controlling
shareholder, Roche, acquired the
shares that it didn’t own for $2.3
billion. Today, Foundation processes
some 2,000 biopsies a week, 20%
to 30% of them now in the form of
blood samples, says Geoff Oxnard,
who runs Foundation’s liquid bi-
opsy operation.
The science is real: Over the past
decade, researchers around the
world have filled science journals
with reports of cancer clues detect-
able in blood. The genotyping start-
ups leapfrogged one another with
innovations. Guardant Health in-
troduced the first so-called compre-
hensive liquid biopsy, Guardant-
360, in 2014, which tested 73
cancer-related genes. Medicare
BARRON’S 21
2022E 2022E
Value Revenue Ebitda 2022E
(bil) (mil) (mil) EPS Comments
Aims to acquire multicancer blood-screen frontrunner
$58.4 $4,562 $1,295 $6.26 Grail, over antitrust objections of FTC
Added multicancer screen developer Thrive to its line of
21.8 2,160 -135 -2.59 cancer test products
Liquid-biopsy pioneer, testing a blood screen for colon
15.9 516 -265 -2.94 cancer, then other tumor types
Prenatal-testing leader, offered first liquid biopsy for monitoring
8.7 645 -245 -3.52 cancer recurrence
7.3 661 -228 -1.96
Genetic-testing lab, added liquid-biopsy cancer tests with
ArcherDx acquisition
China’s leader in genetic tests for cancer patients, is studying
3.1 141 -28 -0.55
multicancer screening
Mass Scale began paying for profiles in 2018 Natera, and Invitae all have rising
for certain lung-cancer patients, sales, but no profits yet.
Cowen’s
Doug Schenkel even before the FDA approved Cancer isn’t just a U.S. disease.
says that in a Guardant’s liquid biopsy last year. China, for instance, has twice
decade the Many cancers develop resistance to as many cancer cases as the U.S.,
liquid biopsy treatments, and lung tissue biop- and tends to diagnose cases later.
cancer market sies are particularly difficult. As China’s genotyping leader, Burning
could hit Guardant CEO and co-founder Rock Biotech, has a liquid biopsy
Helmy Eltoukhy says, “Only 50% for treatment selection that can test
$130 of patients get a chance at another
line of treatment in lung cancer.”
for 101 cancer-related genes.
Cowen’s Schenkel believes that
Billion
That’s as large
The sooner resistance is detected,
the better the chance of survival.
the liquid biopsy markets, from
early screening to treatment options
The next innovation was to detect to post-treatment monitoring, will
as the entire whether treatment had eliminated a be big enough to bring profits to
U.S. diagnostic cancer—or left residual disease be- these start-ups. With more than 15
business hind. Guardant launched a product million U.S. cancer survivors, the
today—with to test colon cancer-surgery patients market for cancer monitoring alone
the global for residual disease—and later, for could eventually be worth tens of
market twice recurrence. The mutations that it billions of dollars a year, he says.
that. looks for are common to other solid Natera’s Signatera test, for example,
tumors, so Guardant is running should be used several times a year
trials to show its value in other for five years following cancer sur-
major cancers. gery. “That’s 14 tests per cancer sur-
The idea of monitoring residual vivor, at around $1,800 per test,”
disease was pioneered by another Schenkel says. “You can see where
sequencing service, Natera, whose the numbers get quite big.”
Signatera test got the first Medicare But the biggest impact of liquid
reimbursement for monitoring biopsies may come from their new-
residual colon cancer. Natera has est application: routine screening to
sponsored studies in a dozen other detect cancers early. “When you get
tumor types. Last year, the sequenc- detected with symptoms, it’s usually
ing lab Invitae spent $2.3 billion for late stage and metastatic,” says
ArcherDx, the first genetic lab to Christoph Lengauer, a partner at
offer both tissue and liquid biopsies. Third Rock Ventures, who was a
SoftBank Group (9984.Japan) just founder of Thrive.
backed Invitae by investing $1.15 Before Exact Sciences bought
billion in its convertible debt. As Thrive, the company conducted the
shown in the nearby table, Guardant, first prospective trial of a multican-
cer blood screen, based on technol-
ogy developed at Johns Hopkins
Illumina CEO Francis deSouza says that his University. Patients testing positive
company will fight to reacquire Grail, the
leader in multicancer blood tests, despite for cancer-associated proteins or
opposition from federal antitrust regulators. mutations were retested and, if con-
22
firmed, sent for a PET-CT scan. Last
year, researchers reported that
Thrive’s process found previously
undetected cancers in 26 patients.
A third had lung cancer, but other
cases included ovarian cancer—for
which no screen exists.
Unlike most firms pursuing
liquid biopsies, Exact has reported
that its existing tests, like Colo-
guard, are cash-flow profitable. But
overall, Exact is still losing money
after buying Thrive and investing in
new ventures.
If its deal for Grail goes through,
Illumina will be the leader in multi-
cancer blood screening. In 2013, it
began offering sequencing services
for prenatal tests. Those tests found
unusual DNA signals in some moth-
ers’ blood samples, which turned out
to be from cancer. That inspired Illu-
mina to start a cancer-screening ven-
ture, with nearly $2 billion in outside
funding from venture funds and
companies such as Johnson &
Johnson (JNJ). The name Grail, says
Illumina’s Aravanis, stemmed from
the difficulty of finding a multicancer
blood screen. “We chose that name
out of humility,” he says, “in that the
Holy Grail was never found.”
Grail tried several approaches,
including a blood test for DNA mu-
tations, like Thrive’s. But Grail had
its greatest success with a test that
detected what’s known as DNA
methylation. Genes can be turned
on or off by methyl groups—molec-
ular units that are attached to DNA
at specific locations. Analyzing ge-
netic data from 115,000 people,
Grail concluded that certain DNA
methylation patterns signaled can-
cer and could even indicate the kind
of tissue where it originated. Last
year, researchers reported that
Grail’s blood test, Galleri, could de-
tect over 50 cancer types with a
false-positive rate of less than 1%.
No recommended screening
method exists in the U.S. for more
than 45 of those cancers. Grail esti-
mated that its blood test would have
found 67% of cases of the 12 deadli-
est cancers. The tissue of origin was
correctly identified in 93% of the
positive findings.
Before the June meeting of the
American Society of Clinical Oncol-
ogy, Grail is expected to report re-
sults from a study that screened
6,200 participants over the age of
50, and then followed up with con-
ventional diagnostics to see how
Big Ambitions
Illumina stock has soared over the
past three years, but investors
wonder whether new ventures like
cancer screening will keep it rising.
ILMN / NASDAQ
$500
400
300
200
2019 ’20 ’21
Source: FactSet
many of Galleri’s readings were con-
firmed. Grail is so confident of the
results that it has already planned a
U.S. launch of Galleri by the end of
the second quarter. Exact Sciences,
Guardant, Burning Rock, and
Roche’s Foundation Medicine are
also looking at methylation for can-
cer screens, but none are as close
as Grail to marketing a product.
“It’s the single biggest opportu-
nity in genomics,” says Illumina’s
Aravanis. “And we believe Grail is
years ahead.”
There’s one big hurdle: the Federal
Trade Commission suit to block Illu-
mina from buying Grail. The agency
notes that other companies pursuing
multicancer blood screens based on
genomic sequencing depend on Illu-
mina’s gene-sequencing systems, and
fears Illumina might give Grail better
terms. Illumina will fight for the deal,
CEO Francis deSouza tells Barron’s,
and he has offered to guarantee that
Grail’s rivals will get equal access to
its sequencing products. In markets
where Illumina now provides testing
services, like prenatal or cancer-
treatment selection, all competitors
have thrived.
At its launch, Galleri won’t
be FDA-approved or Medicare-
reimbursed. That means that the cost
would come from a patient’s pocket
or from health systems convinced
that early detection will help reduce
late-stage cancer costs. One system
that has signed on is the United
Kingdom’s National Health Service,
which could expand the screenings
to a million smokers in a few years.
Cancer screens like Galleri have
enormous upside, Illumina has told
analysts. Galleri’s list price will be
BARRON’S April 12, 2021
$949 at launch, and target 50 mil-
lion people over 50. By 2035, the
cost will have dropped to $300 and
Want a Cancer
Test? Be Patient.
the target population expanded to
150 million—adding up to a $45
billion annual market.
While fans like Cowen’s Schenkel
think that Illumina is a Buy, with or If you want a multicancer early-detec-
without Grail, the company’s $400 tion blood test, your options will be
recent stock price has produced
limited for now. Grail, which Illumina
some Holds. Nephron Research’s
Jack Meehan even went to a Sell in is trying to buy, is taking orders for its
November—saying the high hopes Galleri test from select physicians now,
for Galleri leave too much room for
slip-ups, and noting that growth has
with a national launch later in the
slowed for the sequencing products quarter. As a “laboratory-developed
that brought in 85% of Illumina’s test” available only from Grail, Galleri
$3.2 billion in 2020 revenue and
$4.50 a share in adjusted earnings. is not approved by the Food and Drug
Casdin Capital’s Eli Casdin, who’s Administration. Without approval,
invested in Foundation, Invitae, and doctors may be wary and most health-
Exact Sciences, says he expects liquid
biopsy stocks to be volatile over the care payers won’t cover the costs.
next two years, as studies are pub- That means you may have to pay out-
lished and each company claims, he
of-pocket for Galleri’s $949 test. You
says, “mine’s better than yours.”
Many years of clinical trials went could move to the U.K., where the Na-
into proving a survival benefit from tional Health Service plans to use it to
the first colon-cancer screening
methods, notes Stanford University
test 165,000 people. In the U.S., Grail
professor Uri Ladabaum. The hopes to persuade self-insured em-
method in widest use in the U.S., the ployers and healthcare systems to
colonoscopy, gained acceptance by
showing very high accuracy, even foot some of the bill.
though no randomized trials were Medicare would be the payer for
done to prove a survival benefit. much of the crowd that will be the
Medicare recently refused coverage of
a colon-cancer blood screen from target market for Grail and its even-
Epigenomics (ECX.Germany) be- tual rivals. Medicare doesn’t generally
cause its detection sensitivity com-
pay for cancer screening, except
pared poorly with colonoscopies. But
too few patients take advantage of when Congress has pushed it to cover
existing colon-cancer or lung-cancer single-cancer screens for breast, lung,
screens, so Ladabaum thinks that
blood-based screens like Grail might
colon, cervical, and prostate cancer.
win acceptance, if they can perform Commercial insurers normally wait
well enough against existing screen- for Medicare to make the first move.
ing methods. Longer-run studies
should examine whether the screens The FDA and Centers for Medicare
improve cancer outcomes, he says. and Medicaid Services have acknowl-
“If you’re detecting a large number edged the promise of multicancer
of cancers, especially the unscreened
ones, and you’re doing it at a low blood screens, but their approval may
false-positive rate—then we believe require data from large clinical trials.
the benefit versus the harm is tre-
The agencies may also need a recom-
mendous,” says Illumina’s Aravanis.
Guardant’s Eltoukhy welcomes mendation from a professional medical
the excitement for the once-sleepy, society or the government’s U.S. Pre-
low-margin diagnostics industry.
“We’ve never experienced the
ventive Services Taskforce. The com-
amounts of dollars, mind share, panies are working on studies, but fin-
intelligence, and resources that are ish lines are a year or two off. B.A.
now being put into early cancer
detection,” he says. “That is a good
thing for humanity.” B
April 12, 2021 BARRON’S
The U.S. Needs to Get
force, or their diminished engage-
ment, could have far-reaching eco-
nomic consequences, ranging from a
negative effect on the economic re-
Women Back to Work
covery to revised interest-rate expec-
tations. It could even dent long-term
portfolio returns.
Nearly two million women have
left the workforce since February
2020. Men, too, have been hard hit by
the Covid pandemic, but have seen a
The pandemic dealt a disproportionate blow to women’s jobs and career advancement. The more pronounced jobs recovery so
recovery depends on getting women back to work. Why that’s good for investors, too. far. In March, for example, about
two-thirds of net job gains went to
men, according to the National
By RESHMA KAPADIA official government statistics. Setback Women’s Law Center.
W
The reasons for these trends aren’t Many women who lost or left their
Women fled the
omen have borne the hard to find: Women account for the jobs haven’t just stopped looking for
workforce after
brunt of the Covid majority of workers in education, work, but now describe themselves
Covid hit.
recession, accounting leisure, and hospitality, enterprises as retired. Men are more likely to
for 55% of net U.S. job that have been among the hardest-hit take a pause in their job search with
losses since February
2020. In addition to
by pandemic-related closures. In
many families, women are also re-
55% the intention of returning to work,
according to Gallup economist Jona-
those women who left sponsible for most childcare and el- The percentage of than Rothwell.
the workforce, millions more have dercare needs, which have grown net U.S. job losses Two papers published recently by
reduced their work hours or stepped exponentially with the closing of that women ac- the Federal Reserve show that the
back from career opportunities— schools and support services. counted for since recent jobs recovery has been espe-
losses that aren’t fully captured in Women’s exodus from the work- February 2020 cially elusive for mothers. While fa-
23
thers and mothers of young children
left the labor force at similar rates in
April 2020, nearly all the fathers had
returned to work by last November,
while mothers had regained almost
none of their lost ground, according
to a February paper by the Minneap-
olis Fed.
Another paper just out from the
San Francisco Fed found that if
mothers had seen a recovery similar
to that of nonparent women late last
year, 700,000 more working-age
women would have entered the work-
force through December, according to
Fed economists.
P
rior to the pandemic, the U.S.
economy was enjoying a Gold-
ilocks expansion characterized
by strong growth with little
inflation, partly driven by a rise in
female labor-force participation be-
tween 2017 and 2019. Since the pan-
demic, however, the seasonally ad-
justed labor-force participation rate
among women 20 years and older fell
by more than two percentage points
to a 33-year low before ticking up in
March to 57.4%. Men’s participation
in the job market fell by two percent-
age points in the 13-month period
that ended in March, but remains
higher, at 69.5%.
The departure of women from the
workforce is a key concern for the
Federal Reserve. In a speech last
month, Fed governor Lael Brainard
warned of “scarring effects, with
longer-term implications for house-
hold incomes and potential growth,”
if the decline in labor-force participa-
tion among prime-age women be-
cause of caregiving demands isn’t
reversed soon.
Fed officials haven’t hidden the
fact that they are focused on an inclu-
sive recovery. Thus, it behooves in-
vestors to pay close attention to
women’s labor-force participation
and job growth. The Fed is unlikely
to tighten monetary policy until em-
ployers can offer women their full-
time jobs back, says Jessica Rabe,
co-founder of DataTrek Research, an
investment research firm. That’s why
she expects Fed Chairman Jerome
Powell to stay accommodative and be
creative, using all the tools at the
Fed’s disposal to get more Americans
back to work as soon as possible.
“The only way to get female labor-
force participation back to prepan-
Illustration by ANA YAEL
24
demic levels is by getting the econ-
omy running as hot and fast as
possible, because growth is what
pushes employers to hire,” Rabe says.
Among the challenges will be ac-
cessibility to in-person schooling and
child care, especially as summer ap-
proaches. “This dynamic is particu-
larly difficult for single moms who
need their full-time jobs back in or-
der to pay for childcare,” Rabe says.
“In many ways, this needs to be the
single-mom recovery.”
New attitudes toward remote work
and flexible hours could also encour-
age more women to return to work
after the pandemic, but the recovery
might still be slower than the market
anticipates.
“You can’t expect it to be an on-
and-off switch in terms of labor-force
participation; it’s going to be more of
a dimmer,” says Nela Richardson,
chief economist at ADP.
T
he challenge of getting more
women back into the work-
force is one reason why Pimco
economist Tiffany Wilding
doesn’t see the U.S. economy return-
ing to pre-Covid levels until at least
the middle of 2023. “There will be
lingering scars,” Wilding says of the
hit to the services sector, in which
women are disproportionately repre-
sented. “Some jobs won’t come back
and, similar to other crises, there will
be some economic reallocation, with
other parts of the economy growing
where those people can transition to.
But that will take time.”
Samantha Palm, manager of the
Parnassus Fixed Income fund, says
that barriers to bringing women’s
labor-force participation back toward
prepandemic levels could keep infla-
tion below expectations, and interest
rates subdued. As a result, Palm fa-
vors a heavier allocation to corporate
bonds and high-yield bonds than
lower-yielding Treasury securities.
The hit to household incomes
could also temper an expected recov-
ery in consumer spending, which the
market has been betting on later this
year. “When we have a swath of
working-age adults who can’t engage
in the workforce, we are losing out on
economic growth, on development
more generally, and on profits,” says
Misty Heggeness, an economist and
senior adviser at the Census Bureau.
“It’s all intertwined.”
The consequences of the pandemic
could play out over many years in
terms of thinning the ranks of women
moving up the corporate ladder. Se-
nior-level women were 1.5 times more
likely than their male counterparts to
consider taking their careers down a
notch or leaving their jobs because of
Covid, according to a 2020 study by
LeanIn.org and McKinsey.
The talent drain is more than a
human-resources problem; there is
an empirical correlation between
greater gender diversity on boards
and in corporate management and
higher profitability. Savita Subrama-
nian, head of U.S. equity and quanti-
tative strategy at Bank of America,
has found that companies with an
above-median number of women in
management generate a 30% higher
return on equity than companies
with a below-median number of
women executives. Companies with
an above-median number also dem-
onstrate 30% lower earnings volatil-
ity over the next year.
Research from Morgan Stanley also
unearthed correlations between gen-
der diversity and return on equity.
Among the reasons Morgan Stanley
analysts cite for outperformance on
such metrics: Gender diversity has
been correlated with better employee
engagement and retention; it helps
companies attract talent and promotes
innovation; and it can help reduce
reputational risk.
For these reasons, some large in-
vestors such as Calvert Research and
Management have been pushing com-
panies to create more transparency
around the issue of gender diversity.
The head of Capital Group, one of the
world’s largest investment firms, re-
Leaving Work
Since the Covid pandemic began, the U.S. labor-force participation rate among women fell to a 33-year
low of 56.3%. It recently ticked up to 57.4%. Men have also lost ground, but their participation in the job
market remains much higher, at 69.5.%.
59.5%
Civilian Labor Force Participation (women 20 and older)
59.0
58.5
58.0
57.5
57.0
56.5
56.0
Mar. 2016 2017
Source: Bureau of Labor Statistics
BARRON’S
cently wrote to 1,500 companies,
urging them to disclose more infor-
mation about the composition of their
workforce. The Securities and Ex-
change Commission is also beginning
to consider rules for disclosures
around companies’ environmental,
social, and governance, or ESG fac-
tors, with workplace diversity high
on the list.
Among the silver linings of the
Covid pandemic has been heightened
attention to these issues—and greater
acceptance of flexible work situa-
tions. But for gender-gap dynamics in
the workforce to really change, says
ADP’s Richardson, companies need
to think in terms of equity, not equal-
ity, recognizing that men and women
often face different responsibilities
outside of the office.
“Women’s careers have been built
on masking that they have these re-
sponsibilities, but to get to the next
level, we have to take an honest look
at the situation,” Richardson says.
“Because of the structure of the econ-
omy, it’s easier for men to go back to
the office than women. What does
that mean for promotions, pay, and
bonuses? That’s going to be critical.”
That’s one reason Lori Keith, di-
rector of research at Parnassus In-
vestments, favors companies such as
Autodesk (ticker: ADSK) and Clo-
rox (CLX), which have supported
talent development and offer flexible
work schedules, paternity and mater-
nity leave, and other policies that
facilitate the longevity of women’s
tenure in the workplace. “Companies
may have parity of pay, but may not
be giving promotional opportunities
2018 2019 2020
April 12, 2021
Full Disclosure to women, which limits the amount
of women in the executive ranks,”
Investors are
Keith says.
developing a
A
greater under-
t Calvert, quantitative analyst
standing of the
Yijia Chen gauges companies
link between
on gender diversity not just at
companies’
the board and senior-manage-
gender diversity
ment levels, but at the junior-manage-
and financial
ment level. Also financially material,
performance.
based on her research, are policies that
provide for caregiving leave for the
1,500 primary and secondary caregiver, of-
fering a balance for men and women.
The number of Mastercard (MA) is a standout in
companies to many of these regards, Chen says.
whom Capital The company is among the few to
Group recently offer gender-segregated pay disclo-
wrote, urging the sure and generous parental leave for
disclosure of more both primary and secondary caregiv-
information about ers. The ratio of the percentage of
the composition of women in senior management to the
their workforce percentage of women in the com-
pany’s total workforce is 0.85, sug-
gesting women at Mastercard have
almost as much opportunity to be
promoted as men.
At Verizon Communications
(VZ), the ratio is above one, suggest-
ing women have the same shot as
men at advancing. Adobe (ADBE)
offers 16-week paid caregiver leave,
publishes gender pay data, and has
specific strategies in place to narrow
the gender gap, Chen says.
With $4 of every $10 in global eq-
uity flows going into ESG funds, ac-
cording to Bank of America, the
types of companies that rank highly
on metrics such as diversity will con-
tinue to get more attention. “We
know that these are financially mate-
rial issues,” says John Streur, chief
executive of Calvert. “Once we get
more transparency, people will allo-
cate more to better management
teams and companies that can pro-
vide an attractive workforce for
women, people of color, and people
from different ethnic backgrounds.”
In the meantime, America’s eco-
nomic recovery will depend on get-
ting women back into the workforce
after the disruptions of the past year.
When that happens, growth will ac-
celerate, inflation could materialize,
and interest rates might finally rise.
That’s hardly a terrible outcome, and
it could be a good one if it means a
lower unemployment rate, a stronger
U.S. workforce, and the potential for
women to make more strides in the
corporate world, helping to bolster
2021
many companies’ finances and in-
vestment appeal. B
April 12, 2021 BARRON’S 25

FUND PROFILE Talking With Shilpa Marda Mehra

Portfolio Manager, Fidelity Trend

A Trendy
Fund Stays
On Top
By SARAH MAX

S
hilpa Marda Mehra spends most of her day
trying to understand trends, but she doesn’t
have to look far to see how one of the biggest—
the digitization of everything from grocery
shopping to medical checkups—has made her
life easier. Routine errands can now be done
with the click of a button.
“It just improves the whole back end for my family
and me, and that opens up more time for us to do the
things that we enjoy,” says Mehra, who manages the $3.3
billion Fidelity Trend fund (ticker: FTRNX).
While the Covid-19 pandemic has accelerated and
amplified many trends, the concept of investing in tec-
tonic shifts in business and society isn’t new. When Fi-
delity launched this fund in 1958, all eyes were on trends
such as air travel, mass media, and suburbanization.
It isn’t enough for a company to have ties to a signifi-
cant secular trend. It also must have a strong competi-
tive advantage—be it a powerful brand, technology, net-
work effect, or regulatory hurdles to its benefit. Trends
“are more prone to competition,” Mehra says. “The only
thing that really can protect you is if you have some-
thing that is very, very hard for others to replicate.”
Company culture is also key. “It’s what drives innova-
tion over time, and that is the flywheel of recurring and
durable long-term growth,” adds Mehra. In August
2018, she took over as portfolio manager of the fund,
which has seen 24.2% average annual returns over the
past three years, beating 77% of its large-growth peers.
Mehra credits her father, who was a portfolio man-
ager, with sparking her interest in investing at a young
age. “I always saw my dad just really excited about
what he did,” says Mehra, who was born in New Jer-
sey, moved to India with her family when she was 14,
and later returned to the U.S. to study finance at New
York University. “It was almost like it was a hobby,

Photograph by SIMON SIMARD

26 BARRON’S April 12, 2021

and not a job.” Although leading luxury brands are also Scoreboard: Gold vs. Oil
By the time Mehra was ready to start embracing digital models, part of the ap- (Precious metal funds rallied 3.36% as continuing Fed support stoked inflation fears and natural resource
her own career in investing—her first job peal is that these companies likely won’t be funds fell 3.07% as rising fuel supplies drove down oil prices. Stocks rose again, with the S&P 500 up 1.92%
after college was in venture capital—she disrupted by technology. Companies such One Week Year-to-Date
had no delusions about the hard work that as LVMH Moët Hennessy Louis Vuitton
goes into managing other people’s money. (MC.France) and Hermès International U.S. STOCK FUNDS 1.20% 11.20%
TOP SECTOR / Precious Metals Equity Funds 3.36 – 5.08
She sharpened her skills with an M.B.A. (RMS.France) “make the kind of brand BOTTOM SECTOR / Natural Resources Funds – 3.07 22.23
from Columbia University and internships loyalty and stickiness that is very hard to S&P 500 1.92 9.08
at Gabelli Asset Management in New York recreate,” she says. U.S. BOND FUNDS 0.26 – 0.52
Bloomberg Barclays AGG Bond 0.27 – 2.68
and Fidelity Investments in Boston. In A growing middle class provides a tail-
2009, she joined Fidelity as an analyst, wind for luxury goods, as well as for global THE WEEK'S TOP 25
and, after covering industrials, diversified travel. “It might not sound great today, but Fund Investment Objective One Week Year-to-Date
services, and consumer finance, cut her this is a trend that is fueled by a growing
Upright Growth Fund / UPUPX Global Multi-Cap Value 6.65% 50.3%
teeth as a portfolio manager on the firm’s interest in travel around the world,” says Upright Growth & Income / UPDDX Equity Income 5.32 41.7
Fidelity Select Consumer Finance Mehra. One beneficiary is Hilton World- Firsthand Tech Opptys / TEFQX Science & Tech 4.85 2.0
Portfolio (FSVLX). wide Holdings (HLT). It has 18 distinct OCM Gold Adv / OCMAX Precious Metals Eq 4.79 – 5.0
US Glbl Gold&PM / USERX Precious Metals Eq 4.57 – 5.3
Not surprisingly, technology is a major hotel brands and operations across the Upright Assets Alloc + / UPAAX Mix Tgt All Gro 4.49 35.7
theme across the Trend fund. But Mehra, globe, but its focus on long-term, franchise- Midas Fund / MIDSX Precious Metals Eq 4.48 – 10.3
40, is quick to point out that its reach ex- fee agreements makes it asset-light; just 61 Invsc Gld & SM A / OPGSX Precious Metals Eq 4.26 – 2.1
tends beyond the obvious candidates, to hotels are company-owned. EuroPac Gold A / EPGFX Precious Metals Eq 4.24 – 7.1
HCM Tactical Growth A / HCMGX Multi-Cap Growth 4.22 11.6
companies that are enabling digital trans- She also likes Heico (HEI), a Holly- PGIM Jenn Focused Gr Z / SPFZX Large-Cap Growth 4.21 0
formation—such as Argentina-based IT- wood, Fla.-based company that sells re- Zevenbergen Genea Inv / ZVGNX Multi-Cap Growth 4.21 – 0.2
outsourcing company Globant (GLOB)— placement parts to airlines at a discount Morg Stan I Growth I / MSEQX Multi-Cap Growth 4.17 4.8
Quantified STF Inv / QSTFX Flexible Portfolio 4.16 3.0
and even to those whose business models to what carriers would pay the original RvrPrk Lng/Sh Oppty Inst / RLSIX Alt Long/Short Eq 4.14 4.1
might seem completely unrelated. manufacturers. Because of Federal Avia- VA Focused Gro A / PGWAX Large-Cap Growth 4.14 7.2
To that end, digital transformation was tion Administration regulations around Aegis Value I / AVALX Small-Cap Value 4.05 21.0
VanEck Intl Gold Y / INIYX Precious Metals Eq 4.05 – 10.2
central to Mehra’s decision to invest in Chi- virtually every item that goes onto an air-
RvrPrk Lg Gro Rtl / RPXFX Large-Cap Growth 4.02 8.7
potle Mexican Grill (CMG) in January plane, the family-run organization has a Franklin Gld&Pr Mt A / FKRCX Precious Metals Eq 4.00 – 3.7
2020. While the company was already formidable competitive moat. The busi- Gabelli Gold I / GLDIX Precious Metals Eq 4.00 – 6.6
gaining ground in fast-casual food, the roll- ness is less capital-intensive than other Marsico Inv Fd Growth / MGRIX Large-Cap Growth 3.94 6.9
Touchstone Sel Gro Inst / CISGX Large-Cap Growth 3.93 3.9
out of its digital order system was pivotal. segments of the industry, and less prone Oberweis Intl Opps Inv / OBIOX Intl Sm/Mid-Cap Growth 3.89 5.1
“You can order online, pay for it, and walk to idiosyncratic risks or regional fluctua- J Hancock II Cap Ap NAV / JHCPX Large-Cap Growth 3.87 2.6
out with your order without speaking with tions in demand. It also benefits from a
anyone,” says Mehra, a regular customer. network effect: The more parts it sells to THE WEEK'S BOTTOM 10
While this helped Chipotle transition its airline customers, the more money it Fund Investment Objective One Week Year-to-Date
quickly in the early days of Covid-19, it can invest in developing products to add Rydex Energy Svcs Inv / RYVIX Natural Resources – 4.42% 17.8%
plays into the restaurant chain’s growth. to its lineup. Ivy Energy I / IVEIX Natural Resources – 3.92 20.8
Fidelity Sel Enrgy Ser / FSESX Natural Resources – 3.90 21.2
Not only does its digital platform offer more Interest in travel is picking up, but most Cannabis Growth Investor / CANNX Specialty & Misc – 3.86 45.8
insight into customer preferences, it trans- people are still spending a lot of time at Integrity MN Amer Res A / ICPAX Natural Resources – 3.63 19.6
lates to a more efficient storefront, she says. home, which is great for dogs, cats, and Rydex Energy Fund Inv / RYEIX Natural Resources – 3.60 27.7
the growing pet-care industry. As pet Invesco Energy A / IENAX Natural Resources – 3.28 24.9
Hennessy BP Energy Inv / HNRGX Natural Resources – 3.16 29.6
ownership grows, people are also spend- Integrity Energzd Dv I / NRIGX Equity Income – 3.14 22.3
Fidelity Trend ing significantly more on their animals. Fidelity Sel Nat Gas / FSNGX Natural Resources – 3.11 20.9
Total Return This trend isn’t likely to slow as economies
reopen. “Millennials and Generation Z are THE LARGEST 25
1-Yr 3-Yr 10-Yr Assets 3-Year* 1-Week YTD
FTRNX 78.4% 24.2% 16.6% having fewer kids or having them later, Fund (billions) Investment Objective Return Return Return

Russell 1000 Growth 75.4 23.8 17.0

and they’re treating their pets like their American Funds Gro A / AGTHX $127.8 Large-Cap Growth 20.8% 2.26% 6.4%
children,” says Mehra. Fidelity Contrafund / FCNTX 111.3 Large-Cap Growth 20.2 2.63 7.0
Top 10 Holdings Animal health might be the biggest ben- Vanguard Wellington Adm / VWENX 98.3 Mix Tgt All Gro 12.2 1.52 6.1
Company / Ticker % of Assets American Funds Bal A / ABALX 92.3 Mix Tgt All Gro 11.0 0.92 5.6
eficiary. During the pandemic, owners con- American Funds EuPc R6 / RERGX 91.6 Intl Large-Cap Growth 11.1 1.05 2.4
Apple / AAPL 7.6 tinued taking their pets to the vet, and American Funds Inc A / AMECX 78.9 Mix Tgt All Mod 8.9 0.80 7.6
American Funds ICA A / AIVSX 71.9 Large-Cap Core 13.8 1.55 9.8
Amazon.com / AMZN 7.0 there is still room for growth. That is good American Funds Wash A / AWSHX 68.7 Large-Cap Core 13.4 0.99 10.6
news for Zoetis (ZTS), the largest producer Vanguard PRIMECAP Adm / VPMAX 67.3 Large-Cap Core 17.8 1.52 13.0
Microsoft / MSFT 5.5 American Funds CIB A / CAIBX 64.9 Global Equity Income 7.2 0.86 6.6
Alphabet / GOOGL 4.4
of medicine and vaccinations for pets and American Funds FInv A / ANCFX 63.6 Large-Cap Core 14.3 1.55 9.5
livestock, and Idexx Laboratories (IDXX), BlackRock Cash Inst SLA / 62.2 Instl Money Mkt NA NA NA
Mastercard / MA 4.1 American Funds NPer A / ANWPX 60.2 Global Large-Cap Growth 18.9 1.96 5.7
which focuses on diagnostic testing. American Funds CWGI A / CWGIX 59.1 Global Large-Cap Core 11.3 1.41 7.2
Tesla / TSLA 3.0 Roughly half of clinical veterinarian Fidelity Str Adv LgCp / FALCX 58.6 Large-Cap Core 0 1.64 10.7
Vanguard Intl Gro Adm / VWILX 57.7 Intl Large-Cap Growth 22.2 1.34 2.5
Facebook / FB 3.0 visits include diagnostic testing, Mehra T Rowe Price BC Gro / TRBCX 56.0 Large-Cap Growth 21.2 3.33 5.9
Nvidia / NVDA 2.9 says, and the number is growing.“Owners Fidelity SA US Tot Stk / FCTDX 55.1 Multi-Cap Core 17.3 1.53 10.7
MetWest Total Rtn I / MWTIX 52.9 Core Plus Bond 5.8 0.21 – 2.3
Microchip Technology / MCHP 1.8 are taking better care of their animals Vanguard Sh-Tm Inv Adm / VFSUX 52.2 Short Inv Grade 4.1 0.12 – 0.3
because they think of them like members Vanguard Wellesley Adm / VWIAX 50.8 Mix Tgt Alloc Con 8.7 0.39 2.0
Adobe / ADBE 1.3 Vanguard Div Gro Inv / VDIGX 48.2 Equity Income 15.7 1.27 6.0
of their family,” says Mehra. She doesn’t Vanguard Tgt Ret2025 Inv / VTTVX 48.0 Mixed-Asset Target 2025 10.2 0.99 3.8
Total 40.5% have a pet now, but suspects that will Vanguard ITR 2030 Inst / VTTWX 45.7 Mix-Asst Targ 2030 10.9 1.10 4.6
Note: Holdings as of Feb. 28. Returns through April 5; change when her two young children get a Vanguard ITR 2025 Inst / VRIVX 44.4 Mixed-Asset Target 2025 10.2 0.99 3.8
three- and 10-year returns are annualized.
Source: Fidelity little older. B *Annualized 04/05/2018 to 04/08/2021. Through Thursday. Source: Lipper
April 12, 2021
F UN DS
While Waiting for a
Bitcoin ETF, There
Are Other Options
T
he call for a Bitcoin
exchange-traded
fund has become a
more urgent chorus
this year, as the
digital currency
continues to surge
and becomes increasingly mainstream
among institutional investors.
An ETF would allow investors to
buy and sell the cryptocurrency more
easily and cheaply, smoothly integrate
it into their portfolios, and eliminate
the hassles of securing and storing it.
Optimism is high, since the incoming
chair of the Securities and Exchange
Commission is Gary Gensler, who has
deep expertise in cryptocurrencies,
including having taught blockchain
and digital currencies at MIT.
But until then, the market has be-
come increasingly crowded with
funds aimed at giving investors access
to Bitcoin through a side door. Many
are expensive, some miss the mark,
and a few are worth a closer look.
Here’s what to know:
Direct ownership. There are funds
that allow investors to own the actual
asset, much like SPDR Gold Shares
(ticker: GLD) and iShares Gold
Trust (IAU). The largest and most
popular crypto option has been the
$37 billion Grayscale Bitcoin Trust
(GBTC), a closed-end fund holding
Bitcoin in “cold storage,” or offline.
The fund charges 2% in exchange for
freeing investors from the hassle of
creating digital wallets, keys, and stor-
age of the cryptocurrency. The $162
million Osprey Bitcoin Trust
(OBTC), launched in February, has a
BARRON’S
management fee of 0.49%, while addi-
tional custody and index fees are ex-
pected to add 0.3% or less.
As a closed-end fund, Grayscale has
only a fixed number of shares (unlike
an ETF, which can always create new
shares). This means fund shares can
trade at a premium or discount to the
price of Bitcoin itself.
By Evie Liu Since its launch, the Grayscale fund
has traded at a substantial premium,
as investors were willing to pay more
for custodial and other advantages
over owning Bitcoin directly. That has
reversed over the past few weeks,
however. Anticipation for lower-cost
Bitcoin ETFs has made Grayscale
shares less desirable. At its lowest, the
fund was trading 14% cheaper than its
underlying Bitcoin assets, but the dis-
count narrowed this week to 9% after
Grayscale announced its intention to
convert into an ETF.
Because of its lower costs, the Os-
prey fund is somewhat more attrac-
tive, and as a result, is trading above
its underlying Bitcoin stake—11%
Crypto Craze
Investors can own Bitcoin through a handful of publicly traded funds—but beware the high fees.
Fund / Ticker
Grayscale Bitcoin Trust / GBTC
Osprey Bitcoin Trust / OBTC
Bitwise 10 Crypto Index Fund / BITW
Grayscale Digital Large Cap Fund / GDLC
Amplify Transformational Data Sharing / BLOK
ARK Next Generation Internet / ARKW
“Note: Data as of Apr. 8; *not including additional custody and index fees expected to be 30 basis points or less.
N/A=not applicable
Want more info on investing in crypto? Check out
our Guide to Wealth package at Barrons.com.
higher as of Thursday, which could
undermine Osprey’s advantage in
lower fees. The fund says it also in-
tends to convert to an ETF.
If these ETF conversions do hap-
pen, any premium or discount would
quickly disappear. That means buy-
ing the discounted Grayscale shares
now could offer a lower entry point.
Still, there is no guarantee that will
happen anytime soon, and the in-
terim volatility could be frustrating
for investors who want to accurately
track Bitcoin’s price.
Multi-crypto funds. Bitcoin is by far
the best known and most popular
cryptocurrency, but it’s hardly the
only one. Others, like Etherium, are
less volatile and offer other technolog-
ical uses. The $1 billion Bitwise 10
Crypto Index fund (BITW) tracks 10
digital coins, and the $527 million
Grayscale Digital Large Cap (GDLC)
invests in the five most prominent
ones. Both are trading at significant
premiums, however, and charge 2.5%.
Indirect (or accidental) ownership.
Some diversified mutual funds and
ETFs own the digital currency: The
$7.2 billion ARK Next Generation
Internet ETF (ARKW), for example,
has a 5.4% weight in the Grayscale
Bitcoin Trust. Morgan Stanley also
recently filed with the Securities and
Exchange Commission to add Bitcoin
to 12 of its mutual funds.
The blockchain side door: The $1.3
billion Amplify Transformational
Data Sharing ETF (BLOK) invests in
Expense YTD Price Price to Net
AUM (mil) Ratio Return Assets Value
$37,300 2.00% 53.3% -8.9%
162 0.49* N/A 10.5
1,021 2.50 106.0 57.0
527 2.50 118.4 18.9
1,300 0.71 62.9 N/A
7,200 0.79 5.7 N/A
Source: Morningstar, company websites
27
a variety of companies involved in the
blockchain business. That includes
Bitcoin miners; transaction and trad-
ing platforms; custodians; firms devel-
oping private blockchains; and those
benefiting from the growth of block-
chain, such as chip makers and ware-
houses for mining machines.
Michael Venuto, co-manager of the
Amplify ETF, says the fund’s relation-
ship to a potential Bitcoin ETF is anal-
ogous to an ETF that owns gold min-
ers instead of the metal itself. “We
might be highly correlated with Bit-
coin today, but we’re not a proxy,” he
says. But unlike gold, where mining
stocks are typically more volatile than
the metal itself, the Amplify fund’s
movement has been much more mod-
erate than Bitcoin’s price.
Companies that own Bitcoin. Many
companies have been buying Bitcoin
for their own treasuries, to transact
with customers or even to pay em-
ployees. MicroStrategy (MSTR), for
instance, is an otherwise mundane
business-intelligence software firm
whose Bitcoin holdings now make up
80% of its market valuation. High-
profile companies such as Tesla
(TSLA) and Square (SQ) own signifi-
cant stakes in Bitcoin.
A yet-to-be-launched ETF, Valkyrie
Innovative Balance Sheet, which filed
in March, plans to own these compa-
nies. While companies’ financial
strength and competitive edge would
also be considered, what matters most
is Bitcoin exposure on the balance
sheet, says Jeff Kilburg, CEO of KKM
Financial and co-manager of the fund.
The ETF will be actively managed and
likely very concentrated, with just 30
to 40 names and no sector con-
straints, says Kilburg. It’s possible the
top five holdings could make up half
of the portfolio, he says.
The Holy Grail of Bitcoin investing
remains the Bitcoin ETF. Once ap-
proved, Bitcoin’s price will likely see
another surge, and most funds will
rise along with it. Investors need to
decide whether to get on board now—
despite the drawbacks of current
products—or wait for a Bitcoin ETF
and miss potential gains in the mean-
time. B
28
T E CH T RADER
The Economy Is on
A Roll–Now’s the Time
To Bet on Hardware
T
his is the year to bet
on atoms over bits.
For most of 2020,
investors went ga-
ga for cloud com-
puting, bidding up
shares of any com-
pany supporting the adoption of re-
mote work, learning, and shopping—
Zoom (ticker: ZM), Chegg (CHGG),
and Shopify (SHOP)—or helping
companies move to the cloud—Snow-
flake (SNOW), DocuSign (DOCU),
and Okta (OKTA).
But those stocks have sagged in
2021, as tech investors rotated to
cheaper bets with exposure to an ex-
panding economy and accelerating
corporate IT spending. There is grow-
ing evidence of companies boosting
their outlays for PCs, servers, disk
drives, and other tech goods. And
while hardware stocks are already
trouncing the broader market this
year, there’s reason to think that earn-
ings estimates for them are lagging
and that the stocks are still cheap.
So, time to go long atoms.
Morgan Stanley hardware analyst
Katy Huberty was on this idea six
months ago. Last October, she turned
bullish on hardware. Last week, she
doubled-down on the idea, raising her
estimates and target prices across the
group. A new Morgan Stanley survey
of chief information officers has con-
vinced Huberty that the outlook is
even better than she had thought.
As it happens, Barron’s hosted an
in-depth interview with Huberty last
week on a new monthly video inter-
view series I’m hosting called Tech
Trader on Barron’s Live. (You can
BARRON’S
watch it on the video section of the
Barron’s website.) In that discussion,
which came a couple of days ahead of
her bullish update late last week,
Huberty laid out the case for
the group, and walked
through some of her favorite
picks. The highlights:
Still bullish on PCs: Huberty
By Eric J. Savitz thinks the robust personal computer
growth that emerged during the pan-
demic has legs.
“I’m not a believer in the Covid
bump,” she told me. “I think there’s
been a Covid reset to higher demand.”
She notes that in the U.S., the average
household owns only 1.2 PCs. “When
you think about one or two people
working from home, and one or two
kids learning from home, 1.2 PCs isn’t
going to cut it.” She also says that more
consumers are shifting from desktops
to notebook computers, which have a
faster replacement cycle. There’s also
strong demand in emerging markets,
she says. In China, only 12% of K-12
students have access to a PC at home.
Meanwhile, any slowdown in con-
sumer demand could be offset in the
enterprise as IT spending bounces
back. She points out that most compa-
nies haven’t refreshed their PCs in the
past year.
“What we’re hearing from CIOs is
that they are thinking of the PC as an
employee satisfaction driver,” she
says. “I think of it as, ‘How are we
going to get people back in the office?
We’re going to make sure they have an
advanced, updated workstation, with
all the peripherals they need to still
work in a hybrid work environment.’”
Huberty has Overweight ratings on
There is growing evidence of companies boosting
their outlays for PCs, servers, disk drives, and
other tech hardware.
“What we’re
hearing from
CIOs is that they
are thinking of
the PC as an em-
ployee satisfac-
tion driver,” says
Katy Huberty.
both Dell Technologies (DELL) and
HP Inc. (HPQ). Both stocks also are
benefiting from non-operating factors.
For HP, it’s an aggressive stock re-
purchase program—at least $1 billion
a quarter, or an expected 20% of the
outstanding shares over two years.
For Dell, it’s the value that could be
unlocked from a spinoff of the com-
April 12, 2021
pany’s majority stake in VMware, an
idea Dell is considering. Huberty
upped her target on Dell last week to
$107, from $96. But she thinks the
stock in a VMware spin scenario
could be worth $133 a share—a
potential gain of about 50%.
Reopening bet: Huberty re-
mains bullish on NCR (NCR), the
137-year-old provider of retail sales
systems and automated teller machines.
She thinks NCR will benefit from pent-
up demand as more retailers and res-
taurants resume normal operations.
She also sees a higher minimum wage
driving demand for self-checkout
systems, which come at 10 times
the price of traditional cash regis-
ters. As for ATMs, Huberty notes
that banks are closing branches and
replacing them with versatile ATMs
that can do things like complete loan
applications via video links to remote
bankers.
The cloud’s hardware: Huberty is
bullish on hard-disk drive maker Sea-
gate Technology (STX). Thanks to a
multidecade period of consolidation,
Seagate is the only remaining pure play
on hard drives; its rival Western Digi-
tal (WDC) has evolved into a flash-
memory business, as noted in last
week’s column. As I’ve observed before,
the cloud isn’t made of water droplets;
most of it consists of data on hard
drives. Huberty sees Seagate as a direct
beneficiary of higher IT spending.
Sticking with Apple: Huberty
remains one of the Street’s most en-
thusiastic Apple (AAPL) analysts.
She thinks investors have become too
cautious on iPhone sales, and she sees
20% upside for the stock. The iPhone
replacement cycle reached four years
during the pandemic, well above his-
torical trends, she notes.
Huberty also remains bullish on
Apple’s services business. Last week,
she lifted her 2021 and 2022 revenue
estimates based on a likely boost to
search revenue from Google as online
ads recover. She also sees another
strong year ahead for Macs, iPads,
and wearables. And she thinks the
Courtesy of Dell
odds are better than 50/50 that Apple
will be making cars five years from
now. Cars, of course, are rich with
atoms. B
April 12, 2021 BARRON’S 29

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30
The next crisis
will be too late.
Don’t wait for the next crash to
discover your advisor hasn’t planned
ahead. Make a change now. Search
the Barron’s advisor rankings and get
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©201 Dow Jones & Company. All Rights Reserved. 2E8
BARRON’S
I N C O M E I N V E ST I N G
With Earnings on the Rise,
Dividends Bounce Back
By Lawrence C. Strauss
D
ividend health, which took a
major turn for the worse last
year due to the pandemic, con-
tinued to improve in the first
quarter. As John Tobin, a portfolio man-
ager at Epoch Investment Partners, says,
“The earnings outlook is brightening, so
the dividend outlook is brightening.”
During the first three months of 2021,
120 S&P 500 index companies announced
dividend increases, compared with 91 in
the fourth quarter, according to S&P Dow
Jones Indices.
The number of increases was not far
below last year’s first-quarter result of 126,
and the average S&P 500 company divi-
dend hike in the quarter was 11.1%, versus
9% in the same period a year earlier.
Another sign of improvement: In the
first quarter, just two companies cut or
suspended their dividends, down from 13
a year earlier. In addition, two compa-
nies—Freeport-McMoRan (ticker: FCX)
and HCA Healthcare (HCA)—reinstated
dividends in the first quarter at higher
levels than where they were at the time of
their suspensions last year. Other firms,
including Ross Stores (ROST) and Uni-
versal Health Services (UHS), reinstated
their dividends at prepandemic levels.
As the pandemic began to take hold in
the U.S. during last year’s first quarter,
plenty of household names slashed or
suspended dividends to preserve capital.
Boeing (BA), Ford Motor (F), and Mar-
riott International (MAR) suspended
their payouts, to name a few. And many
dividend stocks lagged behind the broader
market, at least through the summer.
Tobin points out that the MSCI World
Index returned about 55% in U.S. dollars
from the pandemic-induced trough in
March through Aug. 31 of last year, ahead
of the MSCI High Dividend Yield Index’s
result of about 37%.
“A narrow set of stocks led the major
market indexes higher, and dividend
April 12, 2021
stocks lagged,” says Tobin.
Growth stocks such as Facebook (FB)
and Amazon.com (AMZN) substantially
outperformed the broader market. Until
recently, many equity income strategies
also faced a headwind because value
stocks were out of favor, though that has
changed.
For the last four months of 2020, Tobin
adds, the world index returned about
10%, versus nearly 9% for the dividend
index. “We started to see more of a con-
vergence” of the broader index and the
high-dividend benchmark, he says.
“We’ve seen a continuation of that
through March.”
Tobin views last year’s wave of divi-
dend cuts within a larger historical pat-
tern, notably recessions. “It always seems
to be the case in recessions that dividends
go down less than earnings. That’s a
pretty well-established pattern,” he says,
adding that often “earnings and dividend
pressure are concentrated in a few
sectors.”
Last year, energy stocks bore the brunt
of dividend cuts, along with travel-related
companies, retailers, and more-cyclical
firms, among others.
The pandemic took a bite from divi-
dends in 2020. S&P dividends totaled
$58.28 a share, up fractionally from
$58.24 in 2019. But that’s “mostly because
the first quarter of 2020 was a record
amount,” says Howard Silverblatt, senior
index analyst at S&P Dow Jones Indices.
Looking ahead, Silverblatt sees a 5%
rise in dividends this year on a per share
basis versus 2020—respectable consider-
ing last year’s damage.
In a recent press release, Silverblatt
said that he expects “additional [dividend]
initiations from issues that previously
suspended, and increases from some that
reduced their rate, dependent on how the
economy reacts to the vaccine progress,
any new developments with respect to the
virus spread and mutants, and any con-
sumer spending reactions.” B
April 12, 2021
THE EC ONOMY
Put Aside Inflation.
Debt-Fueled Growth
Is the Real Wild Card.
E
conomic data have
been phenomenal
lately, lifting the U.S.
stock market to new
highs as investors
celebrate an end in
sight to the global
nightmare of the past year.
And so it’s an awkward time to be
a killjoy, even if just hypothetically.
The fiercest debate among market
participants this year has revolved
around inflation—will it or won’t it be
more than transitory—and the Federal
Reserve—will it or won’t it find itself
behind the curve? But what if that
framing is wrong? What if the bigger
question is whether growth is transi-
tory, and if it is, then what?
For its part, the Fed has acknowl-
edged better-than-expected economic
improvement while hammering the
message that any corresponding rise
in inflation will be fleeting and a full
recovery distant. “Most participants
indicated that the pandemic continued
to pose considerable risks to the eco-
nomic outlook,” including risks stem-
ming from more-contagious virus
strains and social-distancing fatigue,
the Fed’s rate-setting arm said in its
March meeting minutes published on
Wednesday.
As many economists and investors
dismiss such trepidation and revel in a
Roaring ’20s repeat, some warn that the
recovery so far is flimsy, built on mas-
sive fiscal and monetary stimulus and
astronomical leverage that present the
mirage of a fast-improving economy.
“Everything we’re seeing is tempo-
rary,” says David Rosenberg, chief
economist at Rosenberg Research. He
BARRON’S
predicts a growth slowdown by the
fourth quarter that he says may not
start to worry investors until August.
Set aside, for now, the strong jobs
report, purchasing managers indexes,
and consumer confidence readings
over recent weeks, and even the hot
producer-price index reported on Fri-
day. Take a step back and it’s clear just
By Lisa Beilfuss how linked consumer spending—
which represents about two-thirds of
gross domestic product—has become
to what is supposed to be emergency
fiscal aid. Monthly retail sales figures
tell the story of spending, which has
become reliant on household checks
that started last year, ebbing markedly
between rounds.
Then, consider the consumer credit
report released on Wednesday that
Ticking Debt Bomb
While elevated debt-to-GDP ratios aren’t yet a cause for
concern, an economic slowdown could change that quickly.
Federal Debt as a Percentage of Gross Domestic Product
100%
75
50
25
1990 2000 ’10 ’20
Note: data are seasonally adjusted.
Source: Federal Reserve Bank of St. Louis
Consumer credit surged by $27.6 billion in
February, the largest one-month increase since
November 2017. And signs of strain are emerging.
showed a much bigger-than-antici-
pated $27.6 billion boom in February.
That surge in credit, the biggest one-
month increase since November 2017,
comes as loans worth $2 trillion en-
tered forbearance during the pan-
demic, allowing more than 60 million
borrowers to miss $70 billion on their
debt payments by the end of the first
quarter of 2021, according to a group
of economists led by Stanford Univer-
sity’s Susan Cherry.
In one sign of trouble, recent re-
ports say one in 10 subprime auto
loan borrowers are now more than 60
days’ delinquent, the highest on re-
cord. In another sign of excess, mar-
gin lending is exploding. Investors as
of late February borrowed a record
$814 billion against their portfolios,
the fastest annual clip since 2007 and
up 49% from a year earlier, data from
the Financial Industry Regulatory
show. And in yet another sign, buy-
now-pay-later company Affirm
(ticker: AFRM) in its most recent
quarter reported 4.5 million active
customers and $2.1 billion in gross
merchandise volume—up 52% and
55%, respectively, from a year earlier.
The consumer piece of the overall
debt picture is, of course, just the tip
of the iceberg. “Everybody’s focused
on the reopening party,” Rosenberg
says. “My mind goes back to the Fed
not being able to raise rates because of
leverage,” he says, referring to corpo-
rate debt and the Fed’s inability to lift
interest rates above 2.5% during its
last tightening cycle, only to immedi-
ately follow with rate cuts leading up
to the pandemic. “And now that lever-
age is on steroids.”
In a recent investor report, econo-
mists at Citigroup flagged global debt-
to-GDP ratios that are surpassing
World War II peaks for advanced
economies and hitting new highs for
emerging market economies. As for
the U.S., Fitch Ratings said in March
that federal debt will approach 109%
of GDP this year, while general gov-
ernment debt will reach 127% of GDP
in 2021, before surpassing 130% by
2023. Analysts there wrote that very
low interest rates, which have held
down debt-service costs, will eventu-
ally rise despite the Fed’s commitment
31
to an extended period of extremely
accommodative monetary policy.
Catherine Mann, Citi’s global chief
economist, warns of such a feedback
loop. She says that as long as the rate
of economic growth exceeds real, or
inflation-adjusted, interest rates, inves-
tors shouldn’t be overly concerned with
high debt-to-GDP ratios. That’s cur-
rently the case. But the problem is that
you don’t know when markets will
start to signal that debt is on an unsus-
tainable path and require higher rates,
she says.
Therein lies the conundrum. In the
context of the feedback loop Mann de-
scribes, where the cost of servicing debt
becomes much heftier, the Fed could
decide to wait longer to raise rates in
order to avoid exacerbating the situa-
tion. That would presumably help facil-
itate the assumption of even more debt,
and it begs this question: If the Fed’s
ability to lift rates is more constrained
than investors appreciate, then what?
To Rosenberg, a so-called debt jubi-
lee is the inevitable outcome. Under
this scenario—effectively a default
through hyperinflation—the U.S.
Treasury would put a large sum on
the Fed’s balance sheet and the Fed
would then print the money. Behind
Rosenberg’s logic is the idea that the
Fed has become increasingly aggres-
sive with its tools, probing the outer
limits of monetary policy with each
cycle and raising concerns over how
it will fight the next downturn with
rates at zero and so many unconven-
tional measures already deployed.
Regardless of whether something
as extraordinary as a debt jubilee is in
America’s future, one thing is clear: The
growth necessary for the U.S. to get out
of a precarious debt-to-GDP situation is
far from guaranteed. The “right” kind
of spending and debt that juice things
like productivity and capital investment
will help fortify the economy. Spending
and debt that isn’t so strategic, however,
will erode the growth required to keep
high debt levels sustainable.
For now, it might serve investors
well to shift some focus from the infla-
tion side of the economy to the growth
side. While economic growth looks
excellent on the surface, the very
things driving it appear a bit toxic. B
32
Q& A
A Central
Banker on
A Mission
By LESLIE P. NORTON
T
he problems bedeviling the U.S. economy are
myriad, but two of the thorniest preceded the
coronavirus: inequality and the risks posed by
a changing climate. Mary Daly, president of
the San Francisco Federal Reserve, doesn’t shy
away from them. Raised in the Midwest by a
poor family, Daly thinks central bankers are
public servants: “I really want to make monetary policy
that works for everyone and create an inclusive economy.”
Talking with the community and hosting the podcast
Zip Code Economies help inform her work at the Fed
and her role, starting this year, as a voting member of the
Federal Open Market Committee. Similarly unorthodox
in her spare time, Daly boxes, makes metal sculptures,
and skateboards. We talked with her about when the U.S.
economy will revive, why inflation isn’t a problem, and
how the U.S. can become more inclusive. An edited ver-
sion of the conversation follows.
Barron’s: Inflation is top of everyone’s mind.
You’re not worried?
Mary Daly: We have struggled for a whole decade—
when we had a robust economy and a strong, sustained
expansion—to get inflation up to our 2% goal. All central
banks are facing this challenge. We’re also constrained by
the zero lower bound [on interest rates].
Our framework in August and our guidance in Sep-
tember are well positioned to move inflation back to our
2% average inflation target. [The Fed said that it would
keep rate hikes on hold until the economy is at maximum
unemployment and inflation has risen to 2% and is on
track to moderately exceed 2%.] We always have the tools
to pull inflation down if it gets too high. I see a temporary
rise in inflation; it comes back down. I’m much more wor-
ried about regaining full employment and lifting inflation
up to our 2% average inflation target.
Photograph by CHRISTIE HEMM KLOK
BARRON’S
An Interview With Mary Daly
President, San Francisco Federal Reserve
April 12, 2021 April 12, 2021
Central banker Mary Daly is optimistic
that the economy can rebound sharply
by the fall, assuming Covid is contained.
The housing market is on fire, partly
because the Fed is buying mortgage-
backed securities. Should the Fed
adjust its securities purchases?
The housing market, if you look at the
economics behind it, is fueled by peo-
ple interested in moving, and also the
interest rate. People getting into hous-
ing because interest rates are lower and
they can afford a mortgage is a positive
development. It keeps the housing
market strong. It allows people to move
into the situation they need to support
their families, and gives them some
wealth accumulation. It also supports
the construction and building industry.
One of the transmission mecha-
nisms we have is to lower the interest
rate, which boosts people’s home
buying and ability to refinance and
afford other goods and services. This
is how monetary policy works. It has
worked well—as part of the bridge with
fiscal policy—to get people through this
crisis. I see this as a Federal Reserve
win. Our monetary-policy transmis-
sion mechanism is working.
What kind of economic rebound
are you expecting?
If the recent decline in caseloads and
hospitalizations continues, and if vacci-
nation rates continue to pick up, by the
fall we’ll see a rebound in the economy
that’s pretty sharp. That will put us on
a very nice, positive trend for growth
this year, well above our potential
growth rate. Then, [you’ll see] typical
recovery dynamics, where the economy
settles into more gradual growth. The
bright spot is that the economy hasn’t
lost its underlying momentum while
we’ve been in this terrible pandemic.
People still want to go out and spend
and travel and do other things when it’s
safe to do so. Businesses still have good
ideas and want to open and expand.
We don’t want to get head-faked and
think the sharp rebound can just be
extrapolated. We still have a long way
to go to make sure that every American
who wants a job has one, and inflation
gets back to the average 2% inflation
target. A temporary pickup in inflation
is not our goal.
When will we achieve those targets?
Not for a while. We have to get to full
BARRON’S
“Sustained, healthy growth benefits all Americans,
and those with fewer advantages, more so.”
employment first. We get the unem-
ployment rate to what it was before,
and get all of those workers who left
the labor force—and particularly,
women were doing this to take care
of their children—back into the labor
force before we can declare victory. In
my modal forecast, that’s happening
toward the end of 2022 and maybe
even early 2023, when the economy
is back to its prepandemic levels of
labor-market activity.
I’m optimistic that our framework
has helped move inflation expectations
to a level that makes it easier for us to
achieve this 2% average inflation target.
I’m always reluctant to give dates be-
cause I don’t see dates as optimal pol-
icy. Conditions are optimal policy.
You’ve been outspoken about the
need to reduce inequality. Does the
Fed actually have the tools to ad-
dress that?
Everyone has to work on this. The fis-
cal agents have more tools at their dis-
posal. What the Fed can do—and did in
the last expansion—is maintain
a strong and healthy economy through
our policies. We’re not the whole game,
but we’re an important part. Sustained,
healthy growth benefits all Americans,
and those with fewer advantages, more
so. That duration of growth really
makes a difference for low-wage work-
ers—workers with fewer skills and less
education. Employers take a second
look when the job market is tighter,
and they’re pleasantly surprised that
they get workers who are loyal and
productive. That’s part of our dual
mandate Congress gave us, of working
The High Cost to achieve full employment.
of Inequality The San Francisco Fed conducted
Economic output a conference around climate risk.
in 2019 would What can the Fed do about it, using
have been tools at its disposal?
Severe weather events affect all parts
$2.7 of our core business line. Cash is key
when there’s a natural disaster. We
Trillion need to make sure ATMs are well
stocked. If we don’t understand where
greater if gender, the severe weather events are more
racial, and other likely, we won’t be able to get those
inequalities inventories where they need to be.
were eliminated, Also, the financial system has been
Daly says. lending to businesses that now have
more exposure to severe weather
events. We need to understand those
because their assets could be repriced,
or they could lose their assets, the col-
lateral. We need to make sure that
banks are capitalized to weather those
types of storms. The private sector is
already working on those issues.
As a regulator and supervisor, we
need to be knowledgeable, as well. And
in monetary policy, you’re going to see
climate risk. In Texas, the severe win-
ter weather challenged the electricity
grid, threw millions of people out of a
shelter that’s warm and comfortable,
and damaged the water system. A lot of
infrastructure will be affected by cli-
mate risk, and that will ultimately roll
up into our growth rate and the distri-
bution of economic gains across com-
munities, and probably redistribute
economic growth across the country.
That’s part of achieving full employ-
ment and price stability.
You’ve done lots of research around
disparities. What did you find?
We did the following thought experi-
ment: What would the economy look
like if we eliminated inequities in
our society, in employment, in skill
distribution between men and women,
Blacks and whites, [and so on]? Since
1990, we would have gotten an extra
$71 trillion in economic output. In
2019, we would have gotten something
close to $2.7 trillion of extra output if
those inequities were gone. To put that
into context, the $1.9 trillion American
Rescue Plan would be completely paid
for with this elimination of inequities
in one year. It’s an enormous amount
of output, which we just leave on the
table because we tolerate inequities in
our society.
Will the social reckoning continue
as the economy recovers and we
become more prosperous?
It can. We have to stay with it. If you
look back to the Civil Rights move-
ment, so much that’s good was accom-
plished, but we stalled out. The Black/
white wage gap hasn’t budged since
the 1960s. We have this upheaval of
violence [against Asian-Americans].
We have to solve this. It’s hurting our
economy. It’s costing us trillions of dol-
33
Still, it will take time for the labor
market to recover, and for inflation
to get back to the Fed’s 2% target.
lars. The pandemic put a gigantic mag-
nifying glass on the problems we have.
As we get back on track, we have to get
that magnifying glass back out and stay
with it. If we do, we will be very proud
of ourselves at the end of our lives for
having given the next generation a bet-
ter future. If we don’t, we’ll be ashamed.
You’ve held conversations around
the future of work and other
themes. What are your key take-
aways as a central banker?
The pandemic has been a forcing func-
tion. We were already grappling with
issues like: Should people be able to
work at home and have more flexibil-
ity? Will this be more equalizing or less
equalizing?
The most important virtue we have
in this is patience. People cannot make
good decisions during a pandemic. We
have to wait until we graduate after
Covid and onboard ourselves into the
economy we’re accustomed to; then,
people can figure out their preferences.
You often hear this idea that cities
are dead. I don’t see that happening.
After the 1918 pandemic, we had the
Roaring ’20s, the resurgence, which
in a way was the birthplace of U.S.
cities. We are all interconnected,
whether we want to be or not. We
depend on people in our community
for everything. Essential workers
became the heroes of this pandemic.
We can’t leave them behind there,
like they’re disposable.
What is the Federal Reserve doing
to increase its own diversity?
Let’s start from first principles. The
economics profession has a diversity
issue. That’s a problem because that
leaves us short of the best public policy.
In San Francisco, like other banks in
the system, as well as the Board of Gov-
ernors, we’re working on helping grow
the pipeline. It takes a long time to pro-
duce a Ph.D. economist. So, we’re going
into high schools and colleges and talk-
ing about the economics profession,
hiring a diverse set of research assis-
tants. I’ve called guidance counselors
and sent out hundreds of letters. Every
year, we move the needle a little more.
Thanks, Mary. B
34
O T H E R VO I C E S
A Glimpse of
Future Finance in a
Crypto Ghost Game
T
he $69 million sale
at auction of a col-
lage by the creator
known as Beeple
has drawn a rush
of attention to digi-
tal artwork and
nonfungible tokens, or NFTs. But the
possibilities for NFTs go far beyond
extravagant auction prices. Some
smaller, less mainstream projects are
experimenting with gamified art and
decentralized finance, or DeFi. The
resulting technology will have a long-
lasting impact, potentially even for
traditional financial products like real
estate investment trusts.
The DeFi movement aims to create
financial tools that minimize, or alto-
gether remove, the need for intermedi-
aries. Where DeFi, art, and gaming
intersect, you can get a glimpse of the
future. A game called Aavegotchi is
at the vanguard.
In Aavegotchi, you purchase por-
tals that allow you to summon pixel-
art ghost NFTs with unique charac-
teristics and personalities. You can
style your ghost with hats and skate-
boards bought and sold on NFT mar-
ketplaces. Your ghost can battle other
ghosts and even fulfill its civic duties
by voting.
To appreciate this game, it helps to
know about Aave, a decentralized
lending protocol for digital assets.
When you lend assets on Aave, you
get back what are essentially receipts
referred to as “aTokens.” Deposit
ether cryptocurrency into Aave and
the protocol gives you “aETH” tokens.
To get your ether back, you must re-
turn your aETH tokens. To keep your
BARRON’S
By Joyce Lai aToken, you must keep your digital
asset in Aave.
To summon a ghost using your
portal, you must “inject” it with a
minimum amount of “spirit force” in
the form of aTokens. Withdraw them
and your ghost will die. The result is
that to summon ghosts, you must first
lend digital assets to Aave. Players are
incentivized to provide liquidity to
Aave in order to keep their ghost alive.
The decentralized finance, or DeFi, movement
aims to create financial tools that minimize, or
altogether remove, the need for intermediaries.
This spirit force is also a gaming
innovation. Have you ever wondered
why in-game items such as digital
swords or skins that change a charac-
ter’s appearance have value? Players
can and do pay money for them be-
cause they create extra enjoyment. But
do these items have any value beyond
user enjoyment? The gaming innova-
tion in Aavegotchi is that the in-game
ghost character has real value injected
into it. You can burn the ghost NFT
you bought from someone else to re-
trieve the aTokens, and use them to
retrieve assets from Aave.
If all of this sounds too
complicated and strange
to work in practice,
think again. Last
month, a release of
10,000 Aavegotchi
NFTs sold out in less
than a minute, accord-
ing to the company.
The injection of the
aToken into the NFT is
made possible because of a new
technical standard on the Ethereum
blockchain. To oversimplify, aTokens
are of a fungible token type, while
ghost NFTs are of a nonfungible token
type; one is common and interchange-
able like dollar bills, while the other is
unique and rare, like art. This new
technical standard allows you to man-
age multiple token types at the same
time so that one is linked to the other
by code. When you sell or transfer
your ghost NFT, the aToken travels
with it. That joint transfer is guaran-
teed and verifiable on the blockchain.
These techniques for transferring
and verifying assets serve as a sign-
post pointing at the future of digital
financial products.
Consider a traditional REIT, made
up of individual mortgages wrapped
in a legal structure describing the
rules of ownership. An enormous
amount of paperwork is required to
make the right batch of mortgages
link to and travel with the legal
wrapper.
There is a simpler way to achieve
this result using the same mechanics
as Aavegotchi. Replace the ghost with
a legal wrapper and the spirit forces
with individual mortgages and you
April 12, 2021
have the REIT, but with several ad-
vantages. In Aavegotchi, because the
ghost NFT and spirit force aTokens
are bound by code, there is no dispute
as to which assets are bound to the
NFT. If a REIT was created with code,
a transfer of the equity token will veri-
fiably guarantee that the underlying
mortgages are transferred simultane-
ously. The ease in obtaining certainty
will reduce human error and decrease
the legal and operational costs during
issuance.
Added efficiency isn’t the only way
this technology can be useful.
It also creates the basis for
innovation with natively
digital assets that have
no analog corollary.
One example of this
is land within meta-
verses, such as
Decentraland, a vir-
tual world owned by its
users. Each parcel of
land is unique and can be
purchased on marketplaces.
You can build on your parcel of De-
centraland turf. You can also view
those parcels as uncorrelated assets
outside traditional metrics like the
S&P 500 index.
With blockchain innovation, one
can easily and cheaply package a
product that provides exposure to a
diverse basket of assets. What if you
want to buy or sell an old-school
REIT and a parcel of virtual land to
the same counterparty at the same
time? You can use the technology to
efficiently create a product with a
completely different risk profile for
those who are seeking returns uncor-
related to traditional metrics.
To be sure, not all NFTs are finan-
cial products. You may just want to
build on virtual land or battle ghosts.
The technological innovation within
these art and games lay the ground-
work for endless financial, artistic,
and gaming innovation applications.
What can they really do? Go play and
find out for yourself. B
Joyce Lai is a member of New York Angels,
an angel investing group, and a blockchain
attorney at ConsenSys Mesh. These opin-
ions are her own.
 April 12, 2021
MAILBAG
Send letters to Mail@Barrons.com. To be considered for
publication, correspondence must bear the writer’s name,
address, and phone number. Letters are subject to editing.
Facebook:
The Classic
Toll Bridge
To the Editor:
Oculus Quest 2 is a game changer (“The Value Inside
Facebook,” Cover Story, April 2). Just try it and you will
see the potential. Shopify and Facebook are working
very close together, so I anticipate many more an-
nouncements in the future. Not mentioned in the article
is Facebook Diem, its permissioned blockchain-based
payment system, which will be another leg of growth.
Stay long and you will be rewarded.
Sal Nazir
On Barrons.com
To the Editor:
Facebook is the classic toll bridge. Increased advertis-
ing should follow increased economic activity, and with
Facebook’s reach, it can charge whatever it wants.
John McDonald
On Barrons.com
To the Editor:
Javier Jaen
I own Altria Group stock and have invested in all kinds
of “sin stocks,” but even for me, investing in Facebook
is tough. Obviously, it has a great business model, but
BARRON’S
what it does with people’s data and
the way it manipulates and gaslights
people on a daily basis is one of the
few things that I can’t get behind. The
stock will probably do well.
David Levine
On Barrons.com
To the Editor:
Political leanings aside, it’s hard to
make a case against Facebook. Half of
the planet uses one or more of its plat-
forms, and management has mind-
fully not monetized most of them.
Mark Zuckerberg & Co. have a pros-
perous glide path that involves syner-
gies among platforms. If you want to
fall on your sword to support the nar-
ratives of “suppressing free speech,”
etc., go ahead. I’d rather bank serious
upside in the next three to four years.
Doug Havlina
On Barrons.com
To the Editor:
Before buying, wait and see the fall-
out from the just announced giant
hack. How many people will say
goodbye to Facebook and delete their
accounts? If many do, it may be a sell,
not a buy. In my opinion, social media
has not lived up to its original prom-
ise. Instead, it has sadly become a
giant time waster, often a purveyor of
unvetted rumors and fake news, and
a playground for mischievous trolls. I
deleted my Facebook and Twitter
accounts years ago, and haven’t re-
gretted doing so.
Albert Nyberg
On Barrons.com
More Deficit Spending
To the Editor:
I thought that Matthew C. Klein made
several good arguments for the bene-
fits of infrastructure spending, some-
thing that we have underspent on for
decades now (“Don’t Raise Taxes for
Infrastructure Push. The U.S. Should
Be Like a Business and Borrow,” The
Economy, April 2).
His conclusion that it should be
done through further deficit spend-
ing, however, would seem to miss the
mark. We are already looking at over
$2 trillion in deficit spending for a
second year now.
U.S. corporations pay very little in
taxes and account for only about 5%
of federal revenue at this point, if one
ignores payroll taxes. Over the de-
cades, the largest and most profitable
companies have grown more aggres-
sive about using accounting gimmicks
to move much of their profits abroad,
often to tax havens.
The most recent corporate tax cuts
produced no noticeable bump in eco-
nomic growth, so their partial rever-
sal should not be felt? Of course,
there would be slightly less for the
endless series of corporate stock buy-
backs, to which a good chunk of U.S.
corporate profits are allocated every
year.
Brad Brooks
East Hampton, N.Y.
Diagnostic Testing
To the Editor:
The commentary by Rahul Dhanda in
“The Covid Technologies That Could
Revolutionize Healthcare” (Other
Voices, March 31) provides an exciting
future built from the ashes of the pan-
demic. However, Dhanda’s assertion
that providers underuse diagnostics
is preposterous. The U.S. spends dra-
matically more on diagnostic and
therapeutic intervention than other
nations and gets less value for it. He
also ignores the importance of diag-
nostic testing performance, such as
sensitivity/specificity and prevalence
and pretest probability, that render a
test useful or not—the dreaded “false
positives and false negatives” that are
not only expensive but also deadly.
Contrary to his reasoning, it was
“Mark Zuckerberg & Co. have a
prosperous glide path that involves
synergies among platforms.”
Doug Havlina, on Barrons.com
35
The Readback, a podcast taking you
inside the latest stories, is available
wherever you listen to podcasts.
those characteristics, and their poor
performance, that were the real rea-
son for the lack of adoption of rapid
testing early on in the pandemic. Of
course, Dhanda‘s enthusiasm for test-
ing makes perfect sense: His com-
pany, which is built solely on diagnos-
tic testing, would benefit wildly, and
only add more bloat to our healthcare
costs.
Dr. Louis J. Papa
Rochester, N.Y.
Bullish on Darden
To the Editor:
I was very glad to see your March 26
cover story (“Yes, You Can Retire on
Dividends. 10 Stocks to Build an In-
come Stream for the Long Haul”) be-
cause my top priority every Saturday
morning is to first go to “dividend
payment boosts” on the back page of
the Market Week section.
When I recently spotted that
137.8% boost from Darden Restau-
rants, I was reminded to thank you
for that bullish article about Darden
in Barron’s a year or two ago. I then
bought some, and the stock is now up
over 400% for me, and when you
combine that with the big dividend
boost, you get a pretty impressive
total return number. Since the cost of
living in retirement never goes down,
the health and wealth factor in any
portfolio depends upon a strategy
aimed at generating this kind of total
return over the long term.
Finally, I think that healthy divi-
dend boost from Darden suggest that
it will survive and prosper, despite
the persistent pandemic.
David B. Bullock
Falmouth, Mass.
36 BARRON’S April 12, 2021

F E AT U R E D S P E A K E R S :

Meltem Demirors Mike Novogratz

CoinShares Galaxy Digital

Tim Draper McKenzie Slaughter

Draper Associates, DFJ; Prohaus Capital
Capital;
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U.S. Senator (R-Wyo.) Fairlead Strategies, LLC.

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events.marketwatch.com/crypto

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© 2021 Dow Jones & Company, Inc. All rights reserved. 4E5208
MARKET WEEK
April 5 through April 9, 2021

Euro Trader P. M4 Power Play P. M7

Emerging Markets P. M4 Charting the Market P. M8
Striking Price P. M5 Winners & Losers P. M9
Commodities P. M6 Research Reports P. M10
Inside Scoop P. M7 Market View P. M11
13D Filings P. M7 Statistics P. M12

MARKET PERFORMANCE DASHBOARD

Dow Jones Industrials S&P 500 Nasdaq Composite Invesco S&P 500 Pure Value ETF

33,800.60
52-wk: +42.50% YTD: +10.44% Wkly: +1.95%
4128.80
52-wk: +48% YTD: +9.92% Wkly: +2.71%
13,900.19
52-wk: +70.48% YTD: +7.85% Wkly: +3.12%
$74.94
52-wk: +66.98% YTD: +21.93% Wkly: +0.43%

Delayed Gratification
Stocks jumped Monday in reaction to
Friday’s strong jobs data, when the market
was closed. The S&P 500 and Dow Jones
Industrial Average hit all-time highs.
Rising Prices 3%
Inflation concerns were back on Friday, after data
showed that producer prices jumped in March.
Taking a Breather The S&P 500 and Dow notched new records.
U.S. stock exchanges saw their lowest- 2
volume day of the year on Wednesday,
and major indexes barely budged.

Growth Gains
Growth stocks dominated value stocks -1
on Thursday, as bond yields pulled back
and tech shares got a boost.

-2
Monday Tuesday Wednesday Thursday Friday
Source: Barron’s Statistics

V
alue stocks, the mar- But the good news has been less lems have coincided with the realiza-

THE TRADER ket’s cheapest, are

supposed to do well
when the economy
good for value stocks. The Dow Jones
Industrial Average, the most value-ori-
ented major benchmark, gained 647.39
tion that Europe is a mess. Its vaccine
rollout has been going terribly, with
questions about the safety of Astra-
improves—and points, or 2%, to 33,800.60 this past Zeneca’s (AZN) offering weighing on
that’s been the case week, but the tech-heavy Nasdaq Com- sentiment about Europe’s recovery. At
for much of the past posite climbed 3.1% to 13,900.19. The the same time, renewed lockdowns are

Value Stocks six months.

Nothing changed this past week:
S&P 500, up 2.7% to 4128.80, finished
right in between the two of them.
sure to ding the economy.
It isn’t just Europe. Now that even

Are Ready to The data seemed to confirm that the

economy is growing at a rapid clip,
inflation is picking up, and even the
By Ben Levisohn
Win Again, job market is healing, despite weaker-
than-anticipated jobless-claims num-
If the Fed bers. The news has been so good that
even the International Monetary Fund,
Behaves usually the last to know, upped its
forecasts for U.S. economic growth to
6.4% for 2021, just a touch below the
Federal Reserve’s own 6.5% estimate.
The difference is even starker when
comparing “pure” value and growth,
with the Invesco S&P 500 Pure
the IMF agrees that the U.S. economy
will be very, very strong, it’s safe to
assume that growth is already baked
Growth exchange-traded fund (ticker:
RPG) up 3.2% this past week, trounc-
into the stock market.
But more than anything else, the
ing the Invesco S&P 500 Pure
Value ETF’s (RPV) 0.6% rise. Nor is
growth revival started when the 10-
year yield, which rose from near 0.5%
this a one-week phenomenon: Growth
has gained 9.2% during the past
in August to about 1.75% in March,
stopped going up. Higher yields are a
month of trading to value’s 1.6% rise. sign that the economy is growing and
What’s wrong with value? Its prob- that inflation could be on its way, both
M2 BARRON’S
good for value stocks, particularly energy
and financials. Growth stocks become less
attractive when growth is no longer scarce
and higher rates make future cash flows
worth less.
But the 10-year yield hasn’t fallen all that
much, and chances are it will continue rising
in the future. “The 10-year was going down
the highway at 100 miles an hour,” says
Macro Risk Advisors technical analyst John
Kolovos. “Now it’s going at 60 mph.”
There is some reason to worry. Value
stocks depend on economic growth continu-
ing to accelerate, but that may be difficult.
The Institute for Supply Management’s
manufacturing survey hit 64.7 in March, a
37-year high, and it’s hard to see it picking
up much more. That would suggest that the
rate of growth in the U.S. is peaking, which
could be bad news for the overall stock mar-
ket, according to Binky Chadha, chief U.S.
equity strategist at Deutsche Bank.
The S&P 500 tends to trade in the same
direction as the ISM, so when the latter falls,
the S&P 500 falls too—by a median 8.4%,
with the drop lasting about six weeks in
nonrecessionary periods. And simply sus-
taining an elevated level, which is what
Chadha expects, hasn’t been enough to keep
stocks rising—in such cases, the S&P 500
has dropped a median of 5.9%.
“Why should equities sell off even if the
ISM falls but remains at an elevated level?”
Chadha asks. “In our reading because in real
time, i.e., while growth is slowing or per-
ceived to be slowing, it is hard to be sure
how far the slowing goes.”
But it’s also possible that the ISM doesn’t
slow in the next few months, and that con-
tinued vaccinations lead to more economic
reopening. Success in Europe will also help
shift sentiment, says Evercore ISI strategist
Dennis DeBusschere. This past week,
Manage Your Barron’s France hit 10 million total vaccines, as infla-
tion expectations continued higher. The only
Account Online shocking thing is that there wasn’t more of a
reaction from the 10-year bond yield, which
Update your account details any time.
It’s quick and easy. Vital Signs
Friday's Week's Week's
Close Change % Chg.
• Place delivery holds DJ Industrials 33800.60 +647.39 +1.95
• Change an address DJ Transportation 14918.33 +169.95 +1.15
DJ Utilities 891.67 +12.16 +1.38
• Report an issue DJ 65 Stocks 11291.80 +183.53 +1.65
• Update your payment information DJ US Market 1040.24 +26.42 +2.61
• Reset your password and more NYSE Comp. 15956.37 +204.13 +1.30
NYSE Amer Comp. 2785.12 +10.74 +0.39
S&P 500 4128.80 +108.93 +2.71
 
April 12, 2021
finished the week down 0.057 percentage
point—despite the U.S. producer-price index
more than doubling expectations and China
seeing its own PPI rise more than 4%.
DeBusschere chalks that up to this past
week being light on Treasury auctions, trad-
ers still being on spring vacation, and a
dearth of top-shelf economic data. Even the
PPI doesn’t matter much compared with the
consumer-price index, which is scheduled to
be released on Tuesday. “Everything is this
coming week,” he says.
And that includes bank earnings. Finan-
cials make up more than 40% of the Pure
Value ETF, which means for value to work,
banks have to play ball. JPMorgan Chase
(JPM), Citigroup (C), and Bank of Amer-
ica (BAC) report this coming week, starting
on Wednesday, and that could mark a new
beginning for the value trade. It doesn’t hurt
that bank stocks generally have been going
sideways lately—the SPDR S&P Bank ETF
(KBE) has dipped 0.7% in the past month—
and that they still look cheap.
More than that, the Federal Reserve has
promised not to raise rates soon, so the
tighter monetary policy that made banks a
short-term trade since the financial crisis,
not an investment, is still a long way off. “I
have to take the Fed at their word that they
won’t adjust policy,” says Andrew Slim-
mon, a portfolio manager at Morgan Stan-
ley Investment Management. “This could
go on for quite a while.”
Value investors better hope so.
4 Rebuilding Stocks
The infrastructure play isn’t played out yet.
Investors are wary of investing alongside
the government. Policy changes take years
to become official and even longer to imple-
ment. Head fakes—initiatives that bear no
fruit—can lead to disappointment and
losses, depending on an investor’s timing.
President Joe Biden‘s infrastructure
spending plan, however, might be the excep-
tion. It could be the rare piece of big U.S.
Last Week Week Earlier
NYSE Advances 2,239 2,212
Declines 1,176 1,172
Unchanged 63 77
New Highs 669 442
New Lows 54 89
Av Daily Vol (mil) 3,967.8 4,374.1
Dollar (Finex spot index) 92.18 93.01
T-Bond (CBT nearby futures) 156-160 156-070
Crude Oil (NYM light sweet crude) 59.32 61.45
 S&P MidCap
S&P SmallCap
2670.52
1334.56
+22.81
-5.74
+0.86
-0.43 Inflation KR-CRB (Futures Price Index) 186.74 186.70
customercenter.barrons.com Nasdaq 13900.19 +420.08 +3.12 Gold (CMX nearby futures) 1743.30 1726.50
Value Line (arith.) 9291.64 +78.27 +0.85
Russell 2000 2243.47 -10.43 -0.46
DJ US TSM Float 43142.13 +1003.79 +2.38
© 202 Dow Jones & Co., Inc. All rights reserved. 2E7837
April 12, 2021
Industry Action
Performance of the Dow Jones U.S. Industrials, ranked by weekly percent change.*
Technology
Consumer Services
Industrials
Consumer Goods
Financials
Health Care
Utilities
–0.08
–1.05
–4.01
* For breakdown see page M32.
legislation that helps deliver lasting gains for
stocks, partly because it comes at a time
when things are already going right—in a
broader sense—for industrial companies.
Back in 2016, investors bid up infra-
structure-related stocks after Donald
Trump won the presidency. He modeled
himself as a builder, with his background
in real estate. Stock in aggregate producers
such as Martin Marietta Materials
(MLM), Vulcan Materials (VMC), and
Eagle Materials (EXP) rose almost 20%
on average from October to December 2016.
Shares of United States Steel (X) rose al-
most 60%.
Comprehensive infrastructure legisla-
tion wasn’t passed, and the gains faded.
U.S. Steel shares dropped almost 30% over
the following two years. The aggregate pro-
ducers produced negative returns as well.
A U.S.-focused infrastructure exchange-
traded fund—Global X US Infrastructure
Development (PAVE)—eked out about 2%
annual returns for the two years after it
launched in March 2017. The S&P 500 re-
turned about 14% a year on average over
the same span. Infrastructure as a theme
just didn’t pan out.
Now President Biden is proposing infra-
structure legislation via his roughly $2.3
trillion American Jobs Plan, and investors
are excited again. The Global X ETF is up
about 44% since the end of October, more
than twice the returns of the S&P 500 and
the Dow Jones Industrial Average.
Some investors are concerned that the big
gains might be over. “Industrial investors are
wondering how to gauge what has already
been priced into the sharply elevated prices
of industrial stocks,” William Blair analyst
Nicholas Heymann wrote on Wednesday.
But this time really may be different. Hey-
mann notes that there are three opportuni-
ties now. New infrastructure spending is the
obvious one, but there are two other areas
BARRON’S M3
4.86%
3.26
2.42
1.75
1.73
1.27
1.25
Basic Materials
HEALTH CARE SECTOR OF
Telecommunications
Oil & Gas
Source: S&P Dow Jones Indices
THE S&P 500 IN ONE ETF
that may be stronger—and longer-lasting—
than government spending. The first is the Visit www.sectorspdrs.com or call 1-866-SECTOR-ETF
long-term shift to renewable energy, which
could result in new businesses and jobs that
replace ones lost in the oil and gas industry. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a
Then there is the strength of the economy. prospectus, which contains this and other information, call 1-866-SECTOR-ETF or visit www.sectorspdrs.com. Read the
This is “the strongest U.S. and global eco-
prospectus carefully before investing.
nomic recovery in almost 50 years,” Hey- All ETFs are subject to risk, including possible loss of principal. Sector ETF products are also subject to sector risks and non-diversification risks, which generally
results in greater price fluctuations than the overall stock market. Ordinary brokerage commissions apply.
mann writes. That, more than hopes for an
The S&P 500 is an index of 500 common stocks that is generally considered representative of the U.S. stock market. You cannot invest directly in an index.
infrastructure bill, is the reason the indus-
trial components of the S&P 500 are up ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.
about 30% over the past six months, beating
the returns of even the Nasdaq Composite,
home to many highflying tech stocks.
Heymann cited a few Buy-rated stocks
covered by Blair that should continue to
benefit from government spending, includ-
ing the infrastructure plan, the secular shift
in energy, and the overall economic recov-
ery. First on the list is Jacobs Engineering
Group (J), a large engineering and con-
struction company rated a Buy by Blair
Upgrade
analyst Louie DiPalma. Jacobs shares, at
$135.11, are up about 24% year to date.
Ritchie Bros. Auctioneers (RBA), an
auctioneer of used construction equipment,
your advisor.
has a Buy rating from Blair analyst Larry
De Maria. At $62.43, the stock is down
about 11% year to date.
Two industrial-technology stocks rated
Buys by Blair analyst Brian Drab—genera-
tor maker Generac Holdings (GNRC) and
battery maker EnerSys (ENS)—help round
out Heymann’s list. At $330.41 and $93.94, Get advice on managing your wealth
respectively, they have gained about 45% and connect with a top advisor at
and 13% year to date.
The report didn’t include targets for the barrons.com/directory
stock prices, which is typical for Blair, but
Buy ratings generally mean brokers expect
shares to outperform their peers. Blair be-
lieves all four stocks have upside.
Infrastructure spending alone isn’t be-
hind any of the Buy ratings: The American
Jobs Plan is the cherry on top of an attrac-
tive industrial sundae. — Al Root ©2020 Dow Jones & Company. All Rights Reserved. 2E205
M4
EUROPEAN TRADER
Credit Suisse’s Crises Are
Slamming the Stock
By Paul Clarke
I T
t’s too soon to wade into the shares of
Credit Suisse Group. The stock has
plunged as the Geneva-based bank
struggles with the latest in a series of
crises that began a year ago. But tempting
as the stock price may now be, more chal-
lenges could well lie ahead.
Credit Suisse (ticker: CS) had hoped to
assure investors that its recent CHF 4.4
billion ($4.7 billion) hit from exposure to
hedge fund Archegos Capital Manage-
ment would be the end of the troubles.
But the April 6 announcement has
done little to steady the share price,
which has tumbled 21% over the past
month to CHF 10.13. Over the past three
years, it has fallen by 35.4%, compared to
a 36% gain at rival JPMorgan Chase
(JPM) and a 44% increase at Morgan
Stanley (MS).
Credit Suisse’s losses from the implo-
sion of Archegos raise nagging questions
about what risk-management crisis may
lurk around the corner.
The bank also has written down $450
million on investments in collapsed
hedge fund York Capital, paid $680 mil-
lion in litigation costs from crisis-era
mortgage bonds, and got caught up in
alleged fraud at German payments firm
Wirecard. The full extent of losses related
to its funds linked to collapsed supply-
chain finance firm Greensill Capital have
yet to be revealed, but JPMorgan analysts
estimate a $2 billion hit, although some of
this will be passed to clients.
Some analysts think the stock has fur-
ther to fall. Eoin Mullany, an analyst at
Berenberg, has a price target of CHF 9.50.
JPMorgan analyst Kian Abouhossein says
the bank could go into “capital preserva-
tion mode” that would restrain growth.
The bank has a market value of CHF
24.3 billion and employs 48,700. It
fetches a multiple of six times this year’s
expected earnings and is valued at a 30%
discount to its peers. Credit Suisse trades
BARRON’S
at 0.6 times tangible book value. The
bank posted an annual pre-tax profit of
CHF 3.5 billion in 2020, down 27% from
the prior year. Annual revenues were
CHF 22.3 billion, flat from 2019.
The bank was first rocked last March,
when then-CEO Tidjane Thiam departed
in the wake of revelations of corporate
spying on senior employees.
Thomas Gottstein, who took over the
helm, has said the losses related to
Archegos were “unacceptable,” adding
that it was “fully committed to address-
ing these situations” and “serious lessons
will be learned.” The bank declined to
comment to Barron’s.
Gottstein told the Financial Times in
December that he wanted to start the new
year with a “clean slate.” Instead, he’s
been forced to unravel many of the
changes he put in place within months of
taking the top job.
Investment banking chief Brian Chin,
and chief risk and compliance officer Lara
Warner have left just months after
Gottstein installed them as part of sweep-
ing changes. A plan to repurchase up to
CHF 1.5 billion in shares this year, an-
nounced in January, was also put on ice.
“The tapering of dividends and buy-
backs, although needed, will only further
frustrate shareholders,” says KBW ana-
lyst Thomas Hallett.
Gottstein may be in a precarious posi-
tion himself. António Horta-Osório, the
former boss of U.K. lender Lloyds Bank-
ing Group, arrives as Credit Suisse’s chair-
man this month and may have his own
ideas about strategy.
A 50% surge in investment bank reve-
nue and improved earnings across its
prized wealth management unit has
dampened the impact of Archegos. The
bank is set to post a CHF 900 million
first-quarter loss, showing good underly-
ing performance.
Gottstein will be keen to avoid any
further missteps, which could eventually
lead to overall changes at the bank. B
E M E R G I N G M A R K E TS
Brazil May Be Hitting
Bottom. Time to Buy.
By Craig Mellow
hings look pretty bad for Bra-
zil. The so-called Manaus vari-
ant has brought coronavirus
back with a vengeance. And
Lula is loose. Leftist ex-president Luiz
Inacio Lula da Silva stepped out of jail
last month after courts essentially an-
nulled his corruption conviction, and he
looks set to challenge incumbent Jair Bol-
sonaro in October 2022.
All of which means it may be time to
buy. “I’d be surprised if things are not
looking better a month from now,” says
Verena Wachnitz, a portfolio manager for
Latin American equities at T. Rowe Price.
The iShares MSCI Brazil exchange-
traded fund (ticker: EWZ) has fallen 7%
this year, while global emerging markets
advanced 5%. That makes Brazil the
third-cheapest emerging market after
Russia and Turkey, with an average
price/earnings ratio of 9.2, calculates Alex
Altmann, head of equity trading strategy
at Citi. “Assuming that virus cases once
again appear to be peaking, Brazil begins
to look quite interesting,” he says.
That assumption is reasonable, adds
Malcolm Dorson, Latin American portfo-
lio manager at Mirae Global Asset Invest-
ments. Bolsonaro’s noisy virus skepti-
cism delayed Brazil’s vaccination launch.
But an underrated national health service
can rapidly accelerate. “The system can
handle 2 million shots a day,” he says.
(They are at around 600,000 now.)
“That’s the best in all emerging markets.”
The Bolsonaro-Lula fireworks have
distracted from quieter political progress.
Congress rather deftly compromised be-
tween pandemic stimulus and longer-
term debt worries, Wachnitz says. It ex-
tended the so-called coronavoucher
program of cash transfers for four
months in exchange for more rigorous
fiscal controls going forward.
The central bank hiked interest rates
by 0.75 percentage points on March 1,
April 12, 2021
after flirting with negative real rates.
That should bolster a currency that has
slid 5% this year even as prices for Bra-
zil’s commodity exports rallied, says Tony
Volpon, a former central bank governor
and now chief strategist at WHG in São
Paulo. “The real effective exchange rate is
its cheapest since 2002, when we had a
political crisis and no reserves,” he says.
“Now we have $300 billion.”
Volpon is also relaxed about Lula, who
held power from 2003-2011, getting an-
other shot at age 76. “Lula was really a
center-left [Bill] Clinton-[Tony] Blair
kind of guy,” he says. “Brazil achieved its
investment-grade rating under Lula.”
Brazil’s market offers various strate-
gies for betting on recovery. Dorson fa-
vors steady, established consumer names
like pharmacy chain Raia Drogasil
(RADL3. Brazil) and department store
operator Lojas Renner (LREN3.Brazil).
Both stocks have held about even
through the first-quarter selloff.
The country is rich in fallen tech angels
that could bounce on improved global or
local sentiment. Payments providers
Stone (STNE) and Pagseguro Digital
(PAGS) have both lost a quarter of their
value since mid-February. E-merchant
MercadoLibre (MELI) and Locaweb
(LWSA.Brazil), the Go Daddy of Latin
America, have crashed almost as hard.
State-owned oil champion Petroleo
Brasileiro (PBR) is an idiosyncratic
recovery bet. The company’s shares have
plunged 23% since Feb. 22, when Bol-
sonaro fired its CEO for daring to raise
fuel prices in line with crude oil. Crude
has held steady near three-year highs
since then.
Brazil is a volatile place where good
news might not last long. Bolsonaro
could respond to the Lula challenge by
“going populist” and blowing out the
budget, Dorson says. Election fever, and
spending, is likely to grip the nation by
this time next year. But a lot of bad news
is priced in. B
April 12, 2021 BARRON’S M5

T H E ST RIKING PRI CE
More-accommodative Fed supervision would help
major banks, and such a development could prove
extraordinary for Citigroup.

How to Profit From Equity Options

Citigroup’s Earnings CBOE VOLATILITY INDEX

VIX Close VIX Futures

55
THE EQUITY-ONLY PUT-CALL RATIO
Put-Call Ratio S&P 500 Index

330
305
280
255
40 230
By Steven M. Sears cents when the stock was at $72.42. 205
180
If the stock is at $80 at expiration, the

F
155
irst-quarter earnings season is call is worth $5, and investors can keep the 25 130
about to begin—and investors with premium received for selling the put. 105
80
long-term horizons should consider Should the stock price be at or below the 55
using short-term options strategies put strike price, investors can buy the stock M J J A S O N D J F M A 10 M J J A S O N D J F M A 30
to take advantage of spreading exuberance. at the put strike price or adjust the position Daily Values Source: CBOE Source: McMillan Analysis Corp.
Anticipation is especially high for banks in the options market.
and brokerages, which are expected to bene- During the past 52 weeks, Citigroup stock SPX SKEW NDX SKEW
fit from perhaps the best of all possible has ranged from $38.76 to $76.13. Shares are Implied volatility % Implied volatility %

worlds for their businesses. up 18% this year, compared with 10% for the 17% 16%
Consider Citigroup (ticker: C), which is S&P 500. The stock is up 53% over the past 15
16
scheduled to report earnings on April 15, year, compared with 48% for the index. 14
15
providing investors a chance to pass judg- Strong stock returns usually are a sign 13
14
ment on what has been a slew of positive that investors should be cautious. But there 12
media reports about CEO Jane Fraser, who is another tailwind forming behind banks: 13
11
took over in February. The Federal Reserve seems more sanguine 12
10
The moment is hers to win or lose, and about the sector than it has in years. 11 9
she likely will get the benefit of the doubt. Since the 2007-09 financial crisis, the 10 8
Citigroup is often viewed as too large, too Fed has required banks to stockpile enough
M J J A S O N D J F M A 9 M J J A S O N D J F M A 7
unwieldy, and undermanaged. Last year, the capital to survive major economic calami- Source: Credit Suisse Equity Derivatives Strategy Source: Credit Suisse Equity Derivatives Strategy
bank mistakenly wired $900 million to ties. The central bank stepped up pressure Skew indicates whether the options market expects a stock-market advance or decline. It measures the difference
Revlon’s (REV) lenders, instead of a much on the banks last year, when it forced them between the implied volatility of puts and calls that are 10% out of the money and expire in three months. Higher
readings are bearish.
smaller amount, and it could not get the to stop share repurchases and capped divi-
bulk of the money back. dends. But it recently indicated that it Week's Most Active
Despite these issues, Citigroup stock has would ease those pandemic-related restric- Company Symbol Tot Vol Calls Puts Avg Tot Vol IV %ile Ratio
dramatically outperformed the S&P 500 tions after June 30, subject to banks pass- Second Sight Medical EYES 21089 13745 7344 472 94 44.7
index over the past year. It reflects a wide- ing their annual stress tests. Fortress Biotech FBIO 9356 8565 791 284 98 32.9
spread view that banks will thrive in an More-accommodative central-bank su- Chembio Diagnostics CEMI 58819 43500 15319 2484 30 23.7
Fibrogne FGEN 42709 27598 15111 2604 98 16.4
environment characterized by low interest pervision would help many major banks, dmy Technology DMYD 46191 27647 18544 3120 21 14.8
rates, rising yields, and an increasingly and such a development could prove ex- Cara Therapeutics CARA 27737 15244 12493 1976 97 14.0
healthy economy that is preparing to traordinary for Citigroup—especially if Galectin Therapeutics GALT 6933 4735 2198 516 79 13.4

emerge from the Covid-19 pandemic. The Fraser announces plans to simplify the big Lamb Weston LW 14059 8599 5460 1248 29 11.3
ORBCOMM ORBC 54390 21633 32757 4796 50 11.3
stock has struggled a bit since mid-March, international bank’s operations. Romeo Power RMO 529743 389484 140259 66644 40 7.9
but that is likely just a pause. If all of those disparate forces come to- Molecular Templates MTEM 3589 2721 868 464 95 7.7
In anticipation of a positive turn for gether when Citigroup reports earnings—or Aprea Therapeutics APRE 4350 3970 380 584 45 7.4
U.S. Global Investors GROW 12747 10760 1987 1952 6 6.5
Fraser’s maiden earnings call, investors if investors merely think they may soon
Anaplan PLAN 42189 28358 13831 7132 14 5.9
can consider selling Citigroup’s May $70 come together—the stock should behave American Virtual Cloud AVCT 4111 2784 1327 716 87 5.7
put option and buying its May $75 call with vigor. And if the thesis proves wrong, IZEA Worldwide IZEA 25643 24139 1504 4640 13 5.5
option. and the stock falters, fret not. The environ- SAP SAP 22152 20178 1974 4032 50 5.5
Nano-X Imaging NNOX 146838 105681 41157 27084 11 5.4
The risk reversal—that is, selling a put ment is increasingly constructive for banks,
Constellation Brands STZ 53175 29167 24008 10020 23 5.3
and buying a call with a higher strike price Citi offers a reasonable 2.8% dividend PavMed PAVM 31004 28773 2231 5944 13 5.2
but the same expiration—positions investors yield, and time is on your side. B This table of the most active options this week, as compared to average weekly activity – not just raw volume. The idea is that the
to buy the stock on weakness and to profit unusually heavy trading in these options might be a predictor of corporate activity – takeovers, earnings surprises, earnings pre-
announcements, biotech FDA hearings or drug trial result announcements, and so forth. Dividend arbitrage has been eliminated. In
from any rallies. The strategy also expresses Steven M. Sears is the president and chief oper- short, this list attempts to identify where heavy speculation is taking place. These options are likely to be expensive in comparison to
their usual pricing levels. Furthermore, many of these situations may be rumor-driven. Most rumors do not prove to be true, so one
confidence that Fraser, a Citi veteran, has a ating officer of Options Solutions, a specialized should be aware of these increased risks if trading in these names
plan and the institutional knowledge needed asset-management firm. Neither he nor the firm Ratio is the Tot Vol divided by Avg Tot Vol. IV %ile is how expensive the options are on a scale from 0 to 100.
to make it work within a sprawling corpora- has a position in the options or underlying securi- Source: McMillan Analysis

tion. The trade generated a credit of about 31 ties mentioned in this column.
M6 BARRON’S
COMMODITIES
What It Could Take for
Gold to Stage a Comeback
By Myra P. Saefong
A
fter suffering its biggest quarterly
loss since 2016, gold stands as
one of the few commodities trad-
ing lower this year. But prices
still have room to run higher even if the
global economy continues to recover and
the pandemic moves closer to an end.
“Gold has played its typical role as an
insurance against market disruption and
as a haven asset,” says Frederic Panizzutti,
head of institutional and central bank sales
at precious metals trader MKS.
“In the course of the last year, markets
had little visibility” around the Covid-19
crisis, and didn’t know when a vaccine
would become available or how long lock-
downs or trans-border travel restrictions
would last, he says. “In the context of un-
certainties, the market needed some sort of
financial anchor, a safe haven—and gold
seemed to be the answer.”
Gold futures gained nearly 25% in
2020, their largest yearly climb in a de-
cade. So far this year, the metal trades
around 7% lower, after losing 9.5% in the
first quarter, bucking an overall up trend
for commodities prices.
The metal was available, but “not at the
right place at the right time, and premiums
climbed in some parts of the world” as
investors were looking for the physical
Fox Business metal, says Panizzutti, adding that it “re-
Fridays at mained scarce in some parts of the world.”
From March 2020, well into the third
10 PM ET and fourth quarter of that year, there was
strong gold demand—and prices—in the
U.S. and Europe, says Kevin Rich, global
gold market advisor for the Perth Mint.
During the same period, there was
“very low gold demand” in Asia and gold
traded at discounts across Asian markets,
he says.
This year, “we have seen a reversal of
this, with a reduction in Western invest-
ment demand and softening of prices,
while Asia markets have moved to premi-
ums and demand has picked up strongly.”
April 12, 2021
Without this dynamic between the east
and west, there may have been more gold
price volatility and weakness, he says.
Much of gold’s move lower this year has
been blamed on the rise in the U.S. dollar
and Treasury yields.
“Investors shifted into Treasury prod-
ucts to have a return on their invest-
ments,” says Panizzutti. Rising bond yields
can dull investor interest in gold, which
offers no yield.
Also contributing to gold’s losses is a
rise in confidence in the economic growth
outlook in Asia, mainly China, and in the
U.S., which “kicked in faster and earlier
than previously expected,” decreasing the
appetite for gold, Panizzutti says.
Looking ahead, gold prices would likely
climb if equity markets soften and volatil-
ity rises, says the Perth Mint’s Rich.
That could happen if interest rates rise
faster than the markets expect, if the Fed-
eral Reserve sees the pandemic “waning
and starts to pull back on their support,
or if inflation were to rise in a more sus-
tainable fashion than the Fed anticipates,”
he says.
If there are signs that the pandemic is
ending, “we will see the real effect of the
massive U.S. and global government stimu-
lus spending,” Rich says. That could lead to
gains in gold as expanding debt threatens to
weaken the spending value of the dollar.
As for how high prices may go this year,
Panizzutti believes it’s “fairly possible” that
gold can move back toward $2,000 an
ounce in the course of the year. It settled at
$1,758.20 on April 8.
The “massive emergency” stimuli and
subsidies injected in the global economy in
the past 12 months resulted in “very signif-
icant monetary expansion,” he says. Paper
currency could “lose value over time and
affect purchasing power in major econo-
mies,” and gold would then become a
“good hedge” against that loss of purchas-
ing power.
“We do not believe the gold bull cycle to
be over,” says Panizzutti. B
April 12, 2021
I N S I DE SC OOP
Moderna Chairman Sells
Biotech’s Rising Shares
By ED LIN
M
oderna stock has rock-
eted on prospects for its
Covid-19 vaccine, and
the biotechnology firm’s
co-founder and chair-
man, Noubar Afeyan,
has been selling large
blocks of shares.
Moderna (ticker: MRNA) shares
rose more five times in price last year,
compared with a 16.3% rise in the S&P
500. This year, shares are up another
35%, while the S&P has gained 9.9%.
The company has been making
new versions of its vaccine to fight
variants of Covid-19. While reporting
a strong fourth quarter, Moderna an-
nounced that the company’s chief
medical officer, Dr. Tal Zaks, would
leave the company in late September.
From Feb. 22 through Feb. 24,
Afeyan sold 6.5 million Moderna
Activist Holdings
W.R. Grace (GRA)
40 North Management’s 14.9%
interest in the specialty chemical
and materials manufacturer, or
9,865,008 shares, is unchanged
since its previous 13D filing. On
April 1, 40 North submitted an
all-cash bid to acquire W. R. Grace
at $70 per share, revised from a
$65-per-share offer in January. W.
R. Grace’s board responded on
April 1 that required additional
details concerning financing com-
mitments, as well as replies to com-
ments on prior transaction docu-
shares for a total of $986.4 million, at
an average price of $150.88 each.
Afeyan then sold another 3.8 mil-
lion Moderna shares from March 29
through March 31 for a total of $455.7
million, a per-share average price of
$121.43.
According to forms filed with the
Securities and Exchange Commission,
the Moderna chairman sold the shares
through units of Flagship Pioneering,
a life-sciences venture-capital firm
that he founded and serves as CEO.
Flagship now owns 20.6 million Mod-
erna shares, while Afeyan holds 2.1
million shares in a personal account.
Flagship is now Moderna’s third-larg-
est shareholder, according to S&P
Capital IQ.
Moderna didn’t respond to a re-
quest to make Afeyan available for
comment on his stock sales. Flagship
also didn’t respond to a request for
comment regarding the sales. B
ments. To that end, 40 North
disclosed on April 6 that it followed
through, writing directly to W. R.
Grace CEO Hudson La Force. Within
the letter, 40 North “submitted a
merger agreement mark-up...as well
as the debt and equity commitment
letters for all of the consideration re-
quired to fund the Proposal.”
Original Filings
ThredUp (TDUP)
Park West Asset Management dis-
closed an initial position in the online
thrift store of 9,215,989 total shares. Of
BARRON’S
those, Park West purchased
500,000 A shares through
ThredUp’s March initial public
offering that priced shares at $14
each. Park West’s remaining shares
are class B stock with nearly all
having automatically converted
from pre-IPO preferred securities
at the time of the offering. Account-
ing for ThredUp’s dual share
classes, Park West owns 10.9% of
ThredUp’s voting power.
Decreases in
Holdings
ViacomCBS (VIACA)
Gamco Investors (ticker: GBL)
Moderna stock reported a reduced position in the
has rocketed and media giant of 3,600,796 shares.
co-founder and From Feb. 8 through April 6,
Chairman Noubar Gamco both sold and bought Via-
Afeyan recently comCBS shares. Specifically,
sold more than Gamco sold 352,502 shares at per-
$1.4 billion of share prices ranging from $27.04 to
shares of the $101.40, and bought 94,449 shares
biotech. at prices ranging from $45.66 to
$91.71 apiece. The net effect re-
duced Gamco’s interest in Viacom-
CBS to nearly 8.9%. ViacomCBS
was one of a number of stocks
linked to Archegos Capital Manage-
ment, the family office of ex-Tiger
Asia Management founder Bill
Hwang. Archegos suffered deep
losses tied to highly margined con-
tracts-for-difference, directional
price bets initiated on shares of
ViacomCBS, Discovery (DISCA),
Baidu (BIDU), and others. The
market moved against those trades,
forcing investment banks to un-
wind Archegos positions because of
unmet margin calls. ViacomCBS
and Discovery sold off once various
block trades were disclosed.
These disclosures are
Turning Point
from 13Ds filed with Therapeutics (TPTX)
the Securities and OrbiMed Advisors and its wholly
Exchange Commission.
13Ds are filed within owned affiliates disclosed a re-
10 days of an entity’s duced position in the clinical-stage
attaining more than biopharmaceutical of 2,361,327
5% in any class of a
company’s securities.
Subsequent changes
in holdings or inten-
shares. OrbiMed sold 130,000
Turning Point shares at prices
ranging from $120.04 to $139.37
tions must be re-
ported in amended apiece during the span from Feb. 5
filings. This material is through March 1. OrbiMed and its
from April 1 through
April 7, 2021. Source: subsidiaries now own 4.9% of
InsiderScore.com Turning Point’s outstanding stock.
M7
POWER PLAY
Voting Flap
At Public
Storage
By CARLETON ENGLISH
P
ublic Storage has
emerged as an unlikely
hangout for activists
ahead of the company’s
shareholder meeting
and investor day.
This past week, Jona-
than Litt, founder and chief invest-
ment officer of investment manager
Land & Buildings, wrote that he
plans to vote against eliminating
cumulative voting at Public Storage’s
(ticker: PSA) annual meeting on
April 26. Accusing the self-storage
company of “board-entrenchment
antics,” Litt said the elimination of
cumulative voting is “a major set-
back for shareholder rights.”
Cumulative voting gives smaller
investors a greater chance of getting
at least one of their favored candi-
dates on a board, since it allows
them to concentrate their votes on
one director seat, rather than hav-
ing to spread votes proportionally
across open seats. This is especially
important for shareholders in cases
when insiders control a sizable
portion of shares.
Public Storage did not respond
to a request for comment, but its
proxy filings argue that cumulative
voting allows individual investors
to “exercise disproportionate voting
power.”
The voting issue arises three
months after Public Storage
reached an agreement to add two
nominees of activist hedge fund
Elliott Management to the board.
Public Storage also agreed to create
a long-term planning committee,
which will report its findings at the
company’s first-ever investor day
on May 3.
In addition, activists have criti-
cized Public Storage’s stock under-
performance relative to peers such
as Extra Space Storage (EXR) and
CubeSmart (CUBE). B
 M8 BARRON’S April 12, 2021

Charting the Market

A graphic look at selected stock activity for the week ended on April 9, 2021 n Edited by Bill Alpert
TESLA SNAP PELOTON INTERACTIVE JINKOSOLAR HOLDING
TSLA (NASD) • 677.02 • 15.27 717 SNAP (NYSE) • 63.27 • 8.78 67 PTON (NASD) • 118.60 • 6.51 129 JKS (NYSE) • 38.65 • -3.90 45
 Deliveries in the electric- 704  The social-media platform 63  Credit Suisse launched 123  December-quarter ship- 42
car maker’s December quar- 691 got attention for efforts to 59 coverage of the home- 117 ments rose 27% for the 39
ter hit 185,000—about 10% 678 expand beyond messaging 55 exercise company, with an 111 world’s largest maker of so- 36
above expectations. Wedbush 665 into shopping and entertain- 51 Outperform and a $164 stock 105 lar power modules—but rev- 33
upgraded. But self-drive-car M T W T F ment. Atlantic Equities up- M T W T F price target. Peloton’s deliv- M T W T F enue fell 1%, with an operat- M T W T F

rivals are multiplying. graded the stock to a Buy. ery backlogs are clearing. ing loss as margins shrank.
Stock Price $ Stock Price $ Stock Price $ Stock Price $
920 77.5 175 91
750 64.0 143 75
580 50.5 111 59
410 37.0 79 43
240 23.5 47 27
70 10.0 15 11

Volume in Millions Volume in Millions Volume in Millions Volume in Millions

566 666 232 134
283 333 116 67
0 0 0 0
A M J J A S O N D J F M A A M J J A S O N D J F M A A M J J A S O N D J F M A A M J J A S O N D J F M A

ILLUMINA LI AUTO FIBROGEN GEO GROUP

ILMN (NASD) • 403.37 • 18.33 434 LI (NASD) • 22.76 • -2.49 27.0 FGEN (NASD) • 18.57 • -17.11 38.0 GEO (NYSE) • 5.67 • -2.02 9

 The main supplier of gene- 418  Shares of China’s electric- 25.5  Downgrades followed the 32.5  The Biden administration 8
sequencing gear says sales 402 vehicle makers have stalled 24.0 company’s disclosure that 27.0 won’t renew contracts with 7
rebounded from a Covid 386 lately in the face of chip 22.5 safety measures had been 21.5 private operators of prisons 6
To reprint or license content, lease contact Barron's reprints department at 800-843-0008 or www.djreprints.com

slump. It raised guidance for 370 shortages and rate rises. A 21.0 altered after a clinical trial 16.0 like Geo. The REIT sus- 5
M T W T F M T W T F M T W T F M T W T F
2021 growth—from under convertible-bond offering by of its investigational drug for pended dividends to pre-
20% to as much as 28%. Li added selling pressure. anemia in dialysis patients. serve cash for debt service.
Stock Price $ Stock Price $ Stock Price $ Stock Price $
560 47.5 58.5 17.5
498 38.0 50.0 15.0
436 28.5 41.5 12.5
374 19.0 33.0 10.0
312 9.5 24.5 7.5
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

250 0.0 16.0 5.0

Volume in Millions Volume in Millions Volume in Millions Volume in Millions

22 300 34 64
11 150 17 32
0 0 0 0
A M J J A S O N D J F M A A M J J A S O N D J F M A A M J J A S O N D J F M A A M J J A S O N D J F M A

MARATHON DIGITAL HOLDINGS PROVENTION BIO WD-40 AFFIMED

MARA (NASD) • 49.00 • 0.15 60 PRVB (NASD) • 8.00 • -3.04 13 WDFC (NASD) • 280.07 •-26.97 328 AFMD (NASD) • 9.74 • 1.96 11
 Amid a Bitcoin rally, the 56  The FDA found deficien- 11  Sales and profits rose in 310  In a Phase 1 trial of Af- 10
crypto miner minted 196 new 52 cies in study data submitted 9 the lubricant seller’s Febru- 292 fimed’s engineered natural 9
Bitcoins in the March quar- 48 with the biotech company’s 7 ary quarter, but the com- 274 killer cells in lymphoma pa- 8
ter, with production volume 44
application to market a 5
pany said supply-chain prob- 256
tients, all four participants 7
doubling in the last month. It M T W T F diabetes treatment. Down- M T W T F lems hampered production. M T W T F had disease reduction. Two M T W T F
now holds 5,134 Bitcoins. grades ensued. Petroleum costs are rising. had a complete response.
Stock Price $ Stock Price $ Stock Price $ Stock Price $
62.5 20 341 12.5
50.0 17 303 10.0
37.5 14 265 7.5
25.0 11 227 5.0
12.5 8 189 2.5
0.0 5 151 0.0

Volume in Millions Volume in Millions Volume in Millions Volume in Millions

462 26 2 86
231 13 1 43
0 0 0 0
A M J J A S O N D J F M A A M J J A S O N D J F M A A M J J A S O N D J F M A A M J J A S O N D J F M A

The charts record the net change in share price, the high, low and closing trades, and share volume for companies with noteworthy stock activity last week. In addition, the graphs depict last week’s daily price activity in detail. The
dotted line on some graphs denotes the stock’s 200-day moving average; lack of a moving average means the shares have traded for less than that time period.
April 12, 2021 BARRON’S M9

Winners and Losers

NYSE BIGGEST % MOVERS NYSE MOST ACTIVE NYSE AMERICAN MOST ACTIVE NASDAQ MOST ACTIVE
Winners Volume Percentage Leaders Volume Percentage Leaders Volume Percentage Leaders
Name (Sym) Volume Close Change %Chg. Name (Sym) Volume %Chg. Close Change Name (Sym) Volume %Chg. Close Change Name (Sym) Volume %Chg. Close Change
RiceAcqnA(RICE) 142945 17.30 +7.20 +71.3 RiceAcqnA(RICE) 14294524098.7 17.30 +7.20 ChicagoRivet(CVR) 166 497.1 23.86 –2.09 BBQ Holdings(BBQ) 1508 1277.9 13.90 +5.97
ChinaGreenAg(CGA) 2858 7.76 +2.12 +37.6 SpartanAcqnIII A(SPAQ) 750 1323.1 9.90 +0.10 AeroCentury(ACY) 88515 469.9 10.09 +0.39 KellyServices B(KELYB) 706 1206.5 28.46 –2.03
Natuzzi(NTZ) 515 16.40 +4.27 +35.2 RomeoPower(RMO) 293161 762.0 9.63 +1.35 CompX Intl(CIX) 234 250.7 20.22 +1.70 CaraTherap(CARA) 25476 900.6 29.19 +7.44
Leaf(LEAF) 18981 8.99 +1.96 +27.9 Envista(NVST) 61699 757.3 42.28 +1.45 LGL Group(LGL) 192 162.5 11.17 +0.18 CenturyBancorpA(CNBKA) 501 809.5 114.49 +19.38
ParTechnology(PAR) 2938 83.72 +17.73 +26.9 RotorAcqnA(ROT) 6149 728.0 9.95 +0.23 inTEST(INTT) 852 104.7 10.90 –1.25 Affimed(AFMD) 85484 801.4 9.74 +1.96
dMYTechA(DMYD) 15122 19.65 +4.02 +25.7 GSquaredI A(GSQD) 364 556.8 9.89 +0.04 Daxor(DXR) 86 91.0 11.55 –0.89 InterDigital(IDCC) 9679 780.3 71.26 +6.17
Build-A-Bear(BBW) 2217 9.01 +1.71 +23.4 Ouster(OUST) 43377 526.0 9.33 +0.58 Espey(ESP) 100 86.1 15.79 –0.01 Orbcomm(ORBC) 60558 701.0 11.49 +3.72
CiaSiderurgica(SID) 20268 7.58 +1.14 +17.7 Leaf(LEAF) 18981 400.0 8.99 +1.96 NatlHealthcare(NHC) 234 30.4 74.85 –2.66 FibroGen(FGEN) 33878 621.0 18.57 –17.11
Natuzzi(NTZ) 515 388.4 16.40 +4.27 AcmeUnited(ACU) 92 27.1 36.92 –3.08 HomologyMed(FIXX) 10153 436.7 7.32 –2.30
Losers EnelAmericas(ENIA) 27155 289.6 8.68 +0.21 BioceresCrop(BIOX) 642 25.1 14.61 +4.06 OutsetMedical(OM) 7331 420.2 58.33 +2.29
Name (Sym) Volume Close Change %Chg. ChinaGreenAg(CGA) 2858 276.4 7.76 +2.12 IssuerDirect(ISDR) 145 14.4 24.64 +1.94 NanoXImaging(NNOX) 47699 419.1 39.28 –2.05
BiteAcqn(BITE) 478 9.79 –18.36 –65.2 JawsMustangA(JWSM) 732 259.7 10.02 +0.12 RileyExpln(REPX) 1175 4.7 31.95 +2.96 ProventionBio(PRVB) 25236 395.5 8.00 –3.04
J.Jill(JILL) 1123 8.02 –1.93 –19.4 XL Fleet(XL) 160342 246.6 8.06 +0.17 SparkNetworks(LOV) 848 0.4 7.45 +0.49 Metacrine(MTCR) 1124 371.1 5.21 –0.52
EarthstoneEner(ESTE) 1602 7.25 –1.71 –19.1 AresMgmt(ARES) 11821 244.9 55.13 –2.55 ImperialOil(IMO) 2948 -0.1 24.72 –0.48 PLBY Group(PLBY) 14094 321.0 25.84 +2.46
RangeResources(RRC) 21805 9.00 –2.06 –18.6 dMYTechA(DMYD) 15122 232.1 19.65 +4.02 GoodrichPetrol(GDP) 321 -0.5 9.50 –0.81 FrequencyTherap(FREQ) 19045 275.8 10.84 +1.45
500.com(WBAI) 2592 18.64 –4.11 –18.1 MedleyMgmt(MDLY) 4754 204.8 8.34 +0.44 Zedge(ZDGE) 1988 -3.3 13.49 +1.20 RichardsonElec(RELL) 2121 265.8 7.56 +0.81
GameStop(GME) 44502 158.36 –33.09 –17.3 WestFraserTimber(WFG) 1613 200.8 80.84 +6.90 RegionalHealth(RHE) 3850 -3.9 5.14 –0.03 AcademySports(ASO) 26307 248.0 30.84 +1.80
Barnes&NobleEduc(BNED) 2049 6.98 –1.45 –17.2 CreditSuisse(CS) 53533 172.0 10.65 –0.05 TompkinsFin(TMP) 186 -10.4 80.75 –1.79 ScholarRock(SRRK) 4173 243.0 29.94 –16.68
GSXTechedu(GSX) 90820 27.16 –5.02 –15.6 Gerdau(GGB) 124520 168.6 5.48 +0.37 BarHarborBkshs(BHB) 153 -12.8 30.59 +0.82 GraybugVision(GRAY) 6535 240.7 5.33 –0.19
LeviStrauss(LEVI) 17295 152.7 25.67 +1.98 BlueRidgeBkshs(BRBS) 108 -15.7 22.40 +0.27 VastaPlatform(VSTA) 1302 225.9 9.17 –0.73
NYSE AMERICAN BIGGEST % MOVERS
By Share Volume By Share Volume By Share Volume
Winners
Name (Sym) Volume Close Change%Chg. Name (Sym) Volume Close Change%Chg. Name (Sym) Volume Close Change%Chg.
Name (Sym) Volume Close Change %Chg.
SOS(SOS) 557665 5.25 +0.43 +8.9 Zomedica(ZOM) 346426 1.24 –0.22 –15.1 Apple(AAPL) 446503 133.00 +10.00 +8.1
BrooklynImmuno(BTX) 60761 6.43 +2.68 +71.5
NIO(NIO) 352143 38.12 –1.54 –3.9 DenisonMines(DNN) 114757 1.16 –0.02 –1.7 ViacomCBS B(VIAC) 385559 41.88 –2.76 –6.2
BioceresCrop(BIOX) 642 14.61 +4.06 +38.5
RomeoPower(RMO) 293161 9.63 +1.35 +16.3 AeroCentury(ACY) 88515 10.09 +0.39 +4.0 OdonateTherap(ODT) 174793 3.85 +0.44 +12.9
Cohen(COHN) 150 32.08 +5.89 +22.5
FordMotor(F) 285046 12.51 +0.34 +2.8 Senseonics(SENS) 80922 2.34 –0.24 –9.3 AdvMicroDevices(AMD) 172008 82.76 +1.67 +2.1
ProtalixBio(PLX) 2908 5.26 +0.77 +17.1
GeneralElec(GE) 250449 13.60 +0.32 +2.4 BrooklynImmuno(BTX) 60761 6.43 +2.68 +71.5 EbangIntl(EBON) 162225 5.08 –1.96 –27.8
Stereotaxis(STXS) 1329 7.65 +0.85 +12.5
AMC Ent(AMC) 231185 9.42 +0.06 +0.6 AsensusSurg(ASXC) 47573 2.61 –0.89 –25.4 AmerAirlines(AAL) 142360 23.54 –0.32 –1.3
GrupoSimec(SIM) 13 13.25 +1.25 +10.4
PalantirTech(PLTR) 229733 24.04 +0.97 +4.2 UraniumEner(UEC) 43925 3.09 –0.12 –3.7 Tesla(TSLA) 141544 677.02 +15.27 +2.3
RileyExpln(REPX) 1175 31.95 +2.96 +10.2
BankofAmerica(BAC) 226965 39.99 +0.50 +1.3 NorthernDynasty(NAK) 40759 0.63 –0.02 –3.7 XcelBrands(XELB) 136133 2.29 +0.36 +18.7
Zedge(ZDGE) 1988 13.49 +1.20 +9.8
Carnival(CCL) 220620 29.30 +2.44 +9.1 Globalstar(GSAT) 34693 1.33 –0.06 –4.3 Microsoft(MSFT) 130485 255.85 +13.50 +5.6
Losers TencentMusic(TME) 206246 19.22 –0.89 –4.4 ITTechPkg(ITP) 29241 0.62 –0.07 –9.9 Intel(INTC) 123667 68.26 +3.71 +5.7
Name (Sym) Volume Close Change %Chg. AT&T(T) 195972 30.04 –0.43 –1.4 US Antimony(UAMY) 27167 1.11 –0.08 –6.7 CloverHealth(CLOV) 116155 8.21 +0.83 +11.2
fuboTV(FUBO) 169539 23.31 +0.87 +3.9 NewGold(NGD) 25020 1.80 +0.17 +10.4 iQIYI(IQ) 106018 16.80 +0.16 +1.0
Birks(BGI) 1520 2.33 –0.91 –28.1
XL Fleet(XL) 160342 8.06 +0.17 +2.2 B2Gold(BTG) 23768 4.71 +0.21 +4.7 Facebook(FB) 105292 312.46 +13.80 +4.6
AsensusSurg(ASXC) 47573 2.61 –0.89 –25.4
NorwegCruise(NCLH) 159274 30.54 +2.82 +10.2 EnergyFuels(UUUU) 22435 6.54 +0.56 +9.4 Uxin(UXIN) 99468 1.40 –0.57 –28.9
HoustonAmEner(HUSA) 4181 1.82 –0.29 –13.7
ItauUnibanco(ITUB) 158942 4.71 –0.06 –1.3 AirIndustries(AIRI) 21758 1.35 –0.06 –4.3 MicronTech(MU) 92032 95.30 +2.89 +3.1
MilestoneSci(MLSS) 2552 3.21 –0.51 –13.7
PetroleoBrasil(PBR) 145266 8.29 +0.02 +0.2 AgEagleAerial(UAVS) 21624 6.53 –0.78 –10.7 DiscoveryA(DISCA) 90350 42.00 –1.31 –3.0
EvolutionPetrol(EPM) 1019 3.13 –0.44 –12.3
RiceAcqnA(RICE) 142945 17.30 +7.20 +71.3 AultGlobal(DPW) 20300 3.22 +0.01 +0.3 Affimed(AFMD) 85484 9.74 +1.96 +25.2
RetractableTechs(RVP) 2323 10.97 –1.49 –12.0
Nokia(NOK) 142121 4.13 +0.13 +3.3 GranTierraEner(GTE) 20060 0.65 –0.07 –9.7 SiriusXM(SIRI) 81772 6.35 +0.08 +1.3
NavideaBiopharm(NAVB) 2003 1.90 –0.25 –11.6
Vale(VALE) 134422 18.22 +1.10 +6.4 KelsoTechs(KIQ) 18653 0.89 –0.19 –17.5 FuelCell(FCEL) 80944 12.46 –1.89 –13.2
FlexSolInt(FSI) 430 3.55 –0.44 –11.0
Snap(SNAP) 125347 63.27 +8.78 +16.1 CamberEnergy(CEI) 15334 0.90 –0.16 –15.1 CiscoSystems(CSCO) 78988 52.09 +0.11 +0.2
NASDAQ BIGGEST % MOVERS
By Dollar Volume By Dollar Volume By Dollar Volume
Winners Name (Sym) $ Volume Close Change%Chg. Name (Sym) $ Volume Close Change%Chg. Name (Sym) $ Volume Close Change%Chg.
Name (Sym) Volume Close Change %Chg. Alibaba(BABA) 18632487 223.31 –1.05 –0.5 AeroCentury(ACY) 1253121 10.09 +0.39 +4.0 Tesla(TSLA) 96905605 677.02 +15.27 +2.3
BBQ Holdings(BBQ) 1508 13.90 +5.97 +75.3 Square(SQ) 15835352 261.65 +32.14 +14.0 Zomedica(ZOM) 451868 1.24 –0.22 –15.1 Apple(AAPL) 56872260 133.00 +10.00 +8.1
Orbcomm(ORBC) 60558 11.49 +3.72 +47.8 Boeing(BA) 14437797 252.36 –0.60 –0.2 BrooklynImmuno(BTX) 405298 6.43 +2.68 +71.5 Amazon.com(AMZN) 528725443372.20+211.20 +6.7
CaraTherap(CARA) 25476 29.19 +7.44 +34.2 NIO(NIO) 13587650 38.12 –1.54 –3.9 CheniereEnergy(LNG) 393303 73.12 +1.32 +1.8 Microsoft(MSFT) 32601813 255.85 +13.50 +5.6
CambiumNtwks(CMBM) 2526 62.53 +14.05 +29.0 JPMorganChase(JPM) 10382062 156.28 +2.57 +1.7 TakungArt(TKAT) 276585 33.01 –0.49 –1.5 Facebook(FB) 32500939 312.46 +13.80 +4.6
PrometheusBio(RXDX) 991 22.91 +4.73 +26.0 BankofAmerica(BAC) 9013352 39.99 +0.50 +1.3 Senseonics(SENS) 201932 2.34 –0.24 –9.3 Alphabet A(GOOGL) 178119932270.67+140.89 +6.6
Affimed(AFMD) 85484 9.74 +1.96 +25.2 Visa(V) 8912633 222.52 +5.66 +2.6 AgEagleAerial(UAVS) 155679 6.53 –0.78 –10.7 ViacomCBS B(VIAC) 16387613 41.88 –2.76 –6.2
Lovesac(LOVE) 2700 71.75 +13.47 +23.1 GameStop(GME) 7785525 158.36 –33.09 –17.3 EnergyFuels(UUUU) 147528 6.54 +0.56 +9.4 NVIDIA(NVDA) 15986272 576.00 +23.53 +4.3
SeaSpine(SPNE) 1171 21.94 +4.03 +22.5 Snap(SNAP) 7443645 63.27 +8.78 +16.1 UraniumEner(UEC) 144315 3.09 –0.12 –3.7 Alphabet C(GOOG) 156855882285.88+148.13 +6.9
TaiwanSemi(TSM) 6868724 122.80 –2.00 –1.6 DenisonMines(DNN) 141667 1.16 –0.02 –1.7 AdvMicroDevices(AMD) 14103953 82.76 +1.67 +2.1
Losers GeneralMotors(GM) 6814677 60.16 +2.36 +4.1 AsensusSurg(ASXC) 139081 2.61 –0.89 –25.4 ApplMaterials(AMAT) 9233359 138.91 –2.61 –1.8
Name (Sym) Volume Close Change %Chg. Disney(DIS) 6630372 187.89 –1.08 –0.6 B2Gold(BTG) 109551 4.71 +0.21 +4.7 PayPal(PYPL) 8752903 266.77 +19.23 +7.8
FibroGen(FGEN) 33878 18.57 –17.11 –48.0 HomeDepot(HD) 6628083 319.23 +11.48 +3.7 ImperialOil(IMO) 73588 24.72 –0.48 –1.9 Baidu(BIDU) 8699914 219.67 –0.03 +0.0
IkenaOncology(IKNA) 1190 16.05 –9.95 –38.3 Salesforce.com(CRM) 6427421 231.28 +12.56 +5.7 AultGlobal(DPW) 64512 3.22 +0.01 +0.3 Netflix(NFLX) 8688857 555.31 +15.89 +2.9
ScholarRock(SRRK) 4173 29.94 –16.68 –35.8 Carnival(CCL) 6352324 29.30 +2.44 +9.1 MAG Silver(MAG) 54658 17.37 +1.31 +8.2 MicronTech(MU) 8624767 95.30 +2.89 +3.1
LibertyTripAdvB(LTRPB) 168 45.21 –22.79 –33.5 Walmart(WMT) 6036700 139.78 +4.16 +3.1 NorthernOil&Gas(NOG) 49822 12.53 –0.61 –4.6 Roku(ROKU) 8607162 373.66 +41.76 +12.6
DiscoveryB(DISCB) 202 77.00 –34.17 –30.7 ExxonMobil(XOM) 5994724 55.87 –1.52 –2.6 NewConceptEner(GBR) 49592 5.18 –0.06 –1.1 Intel(INTC) 8013326 68.26 +3.71 +5.7
EbangIntl(EBON) 162225 5.08 –1.96 –27.8 AT&T(T) 5967354 30.04 –0.43 –1.4 Globalstar(GSAT) 45446 1.33 –0.06 –4.3 Qualcomm(QCOM) 5796074 140.57 +2.78 +2.0
ProventionBio(PRVB) 25236 8.00 –3.04 –27.5 Twitter(TWTR) 5878235 71.19 +7.36 +11.5 Cel-Sci(CVM) 45340 16.13 –0.34 –2.1 LamResearch(LRCX) 5649694 662.00 +22.70 +3.6
MaxeonSolar(MAXN) 6719 23.44 –8.52 –26.7 Shopify(SHOP) 58430341227.30 +71.89 +6.2 NexGenEnergy(NXE) 45249 3.99 +0.19 +5.0 ZoomVideo(ZM) 5512068 322.65 –3.58 –1.1

Includes Common shares only. All figures reflect activity for the most-recent five-day trading week. Share volume figures are expressed in thousands. Volume percentage leaders exclude stocks with average daily volume of fewer
than 5,000 shares or priced under $5. Average volume is based on 65 trading days. Volume figures do not reflect extended trading hours. a-Stock has not been in existence or not been traded for 65 consecutive sessions. S-Stock
split or stock dividend amounting to 10% or more. X-Ex-dividend
M10 BARRON’S April 12, 2021

Research Reports
How Analysts Size Up Companies
These reports, excerpted and edited by Barron’s, were issued recently by investment 2021 third quarter exceeded our estimates Duck Creek Technologies
and the Street consensus. Client retention • DCT-Nasdaq
and research firms.The reports are a sampling of analysts’ thinking; they should not remained strong and at record levels. Man- Outperform • Price $44.60 on April 6
be considered the views or recommendations of Barron’s. Some of the reports’ issuers agement now expects total revenue to be by William Blair
have provided, or hope to provide, investment-banking or other services to the down 2% to flat in fiscal 2021, slightly bet-
companies being analyzed. ter than its previous outlook of a 3% decline Duck Creek [which provides software sys-
to flattish growth; the adjusted operating tems for property and casualty insurers] re-
margin to be 36%-37%, versus its previous ported strong second-quarter results that
Carrier Global • CARR-NYSE forecast of $3.17 a share. Our new target is estimate of 36%; and adjusted EPS to be highlighted the importance of system mod-
Buy • Price $42.02 on April 1 based on 23 times our 2022 estimate of $3.53. down 2% to flat, versus its previous guid- ernization in its market. Software-as-a-service
by CFRA ance for a 1%-4% drop. revenue grew 51%, to $30.6 million, with an-
Okta • OKTA-Nasdaq However, the 81% growth in accounts nual SaaS recurring revenue up 75%, to $118
Our Buy opinion reflects Carrier Global’s Hold • Price $222.56 on April 7 receivable since fiscal-year-end 2020 con- million. Insurers have increasingly looked to
strategic initiatives and balanced exposure. by Needham tributed to a 17% year-over-year drop in add modules and lines of business to their
Residential heating, ventilation, and air con- operating cash flow, which concerns us. core systems, following successful initial go-
ditioning replacement demand is at its peak, [At a recent analyst day,] Okta executives re- Given a full valuation of 32 times our fiscal- lives on Duck Creek’s platform. Duck Creek
leading to stable sales in this segment over affirmed their financial targets for calendar- 2022 EPS estimate, we maintain our In is positioned favorably to capitalize on the
the medium term. We think Carrier is well year 2021 revenue and earnings per share. Line rating. Price target: $85. core-system modernization trend.
positioned for the shift to sustainable build- This isn’t surprising, given that they offered
ings and enhanced indoor air quality. We this guidance last month when they reported
also think its penetration into the refriger- results. The only addition was that they INSIDER TRANSACTIONS: Recent Filings
ant flow markets will increase its top-line expect to deliver 30%-35% growth through Purchases Sales
$ Val $ Val
growth in commercial HVAC. In addition, 2024, attaining a $2 billion revenue level in Company /Symbol Insiders Shares (000's) Company /Symbol Insiders Shares (000's)
Covid-19 cost-containment efforts have led that out period. Okta [a specialist in identity- Custom Truck One Source NSCO 8 1,420,000 13,277 TelosTLS 12 4,662,073 153,848
Carrier to accelerate its own cost-savings verification software] is smartly leveraging Design Therapeutics DSGN 6 310,550 9,167 Paylocity PCTY 1 225,000 42,014
Highpeak Energy Acquisition HPK 1 276,223 1,828 CarvanaCVNA 2 150,155 39,815
plan, increasing the three-year run rate by the cloud for growth.…However, the recent Applied Molecular Transport AMTI 1 25,000 1,398 Entegris ENTG 2 302,044 36,458
$100 million, to $700 million. That will aid spike in its shares, to 29.1 times enterprise Thredup TDUP 3 46,427 1,024 Starbucks SBUX 1 323,290 35,609
growth initiatives and help margins. Lastly, value/sales on our 2021 estimate and 22.7 Kingsway Financial Services KFS 4 164,739 747 DatadogDDOG 2 362,050 30,131
Arcus Biosciences RCUS 1 20,000 567 Unity Software U 2 262,705 26,618
we expect Carrier to benefit from long-term times on our 2022 estimate, looks extended. Elastic ESTC 1 5,000 558 Palantir Technologies PLTR 4 1,000,774 24,010
fire-code and security drivers, including We don’t see enough upside guidance to con- Joann JOAN 1 47,550 540 Rush Street Interactive RSI 2 1,245,000 18,766
9 Meters Biopharma NMTR 3 450,000 450 1 376,998 17,958
stricter codes in emerging countries. Our 12- tinue to deliver outsize appreciation. Bentley SystemsBSY
Howard Hughes HHC 1 4,300 418 Expedia Group EXPE 2 99,223 17,469
month target price of $46 uses an enterprise Greif GEF.B 1 7,000 414 Snowflake SNOW 3 72,249 16,910
value/earnings before interest, taxes, depre- Vertiv • VRT-NYSE Windtree Therapeutics WINT 2 151,500 358 Apple AAPL 1 133,867 16,832
Science Applications International SAIC 1 3,000 253 Inari Medical NARI 1 150,000 15,960
ciation, and amortization multiple of 17 times Overweight • Price $21.17 on April 7
William Penn Bancorp WMPN 1 24,680 252 Schrodinger SDGR 4 198,256 15,140
our 2021 Ebitda estimate, in line with Car- by J.P. Morgan Impac Mortgage IMH 1 124,535 250 Roku ROKU 1 45,000 15,014
rier’s peer group average of 16.7. Adverum Biotechnologies ADVM 1 20,000 200 Zoominfo Technologies ZI 1 307,279 14,989
Delcath Systems DCTH 1 15,500 200 Lendingtree TREE 1 67,277 14,719
We initiate coverage with a December 2021 Purple Innovation PRPL 1 5,000 150 Workday WDAY 1 56,750 14,477
BWX Technologies •BWXT-NYSE price target of $25, as we see the combina- Golub Capital Bdc GBDC 3 9,828 146 Castle BiosciencesCSTL 1 200,000 14,263
Buy • Price $67.21 on April 7 tion of above-average organic growth and An insider is any officer, director or owner of 10% or more of a class of a company's securities. In most cases, an insider must report any trade to the
by Maxim Group margin/free-cash-flow improvement potential SEC within two business days. The tables highlight companies that filed with the SEC through last Wednesday. The tables do not include pension-
plan or employee stock-option activity, trades by beneficial owners of 10% or more, trades under $2 per share or trades under 100 shares. The
as attractive, given Vertiv’s valuation, which "Purchases" column includes only open-market and private purchases; the "Sales" column includes only open-market and private sales, and
BWX Technologies [which makes nuclear remains at a discount to peers’. We view excludes trades preceded by option exercise in the 12 months prior to the reported event. Source: Thomson Reuters

propulsion systems for naval vessels] an- data centers as an above-average growth
nounced last month a joint venture with market…supported by global data consump- INSIDER TRANSACTIONS RATIO
Global Medical Solutions (private) to manu- tion growth of 25% a year. Vertiv is the global
80
facture and distribute radioisotopes and leader in products and services used in data
70
radiopharmaceuticals in Asia. It also an- centers, with a portfolio of highly trusted
nounced progress in developing a transport- brands spanning power and cooling to moni- 60
Bearish
able microreactor [nuclear power plant] for toring and control, as well as an unmatched 50
U.S. military bases. Work on additional sub- services footprint. The end-market backdrop, 40
marine reactors, a larger nuclear medicine plus market-share gains, should drive above- Ratio = 18
30
business, and the opportunity to power mili- average organic growth for the company. 20
tary bases will be valuation catalysts. We in-
10
crease our price target to $80 from $75. The Paychex • PAYX-Nasdaq Bullish
0
shares currently trade at 21 times our 2021 In Line • Price $100.36 on April 6 A M J J A S O N D J F M A
by Evercore ISI
To be considered for this section, material Ratio of Insiders Sales to Buys. Readings under 12:1 are Bullish. Those over 20:1 are Bearish.
should be sent to Research@barrons.com. Paychex’s revenue and earnings in its fiscal- The total top 20 sales and buys are 581,000,284 and 32,197,048 respectively; Source: Thomson Reuters
April 12, 2021
Market View
This commentary was issued recently by money managers, research firms,
and market newsletter writers and has been edited by Barron’s.
”Like Darden Restaurants and Carnival have in recent weeks, we expect companies [in first-quarter
earnings releases] to discuss how operating changes made during the pandemic should help sustain
higher margins—the key metric to supporting equity valuations.” —CHRISTOPHER P. HARVEY AND TEAM, Wells Fargo
Q1 Earnings: Get Ready to Cheer
Industry Update
Wells Fargo
wellsfargo.com
April 9: First-quarter 2021 earnings season
kicks off in earnest next week, when we plan
to start publishing our customary analysis of
stock reactions from “beats” and “misses”
along with transcripts’ notable quotables.
Based on the recent comments from “off
cycle” reporters, the strongest Institute for
Supply Management readings in more than
a generation, and the impressive pace of
vaccinations, we expect the C-suite tone to be
highly optimistic. As Darden Restaurants
(ticker: DRI) and Carnival (CCL) have in
recent weeks, companies most likely will be
discussing how operating changes made dur-
ing the pandemic should help sustain higher
margins—the key metric to supporting equity
valuations, in our view.
—CHRISTOPHER P. HARVEY AND TEAM
FOMC vs. PBOC
The Weekly Speculator
Marketfield Asset Management
marketfield.com
April 8: Despite increasing signs of an accel-
erating economy, the Federal Open Market
Committee shows no sign of reconsidering
the extent of its monetary support, and the
release of the March minutes on Wednesday
confirmed that there was no consideration
of a change to guidance being made for the
foreseeable future. However, on the other
side of the world, there are signs that the
People’s Bank of China is at least starting
to use its considerable powers of persuasion
to slow the pace of credit growth coming
from its major banks. We are not yet at the
point that a significant tightening is taking
place of the type that derailed financial
markets in 2018 or 2015, but China’s central
bank continues to run a much more ortho-
dox monetary policy than the [Federal Re-
serve], and even its fiscal policy is easier to
reconcile with underlying economic condi-
tions than the remarkable largess of the
BARRON’S
Biden administration.
—MICHAEL SHAOUL, TIMOTHY BRACKETT
Bullish on Alphabet, Facebook
Momentum Strategies Report
Clif Droke Market Analysis
clifdroke.com
April 8: Formerly out-of-favor growth stocks
are making a quiet comeback, with names
like Apple (AAPL), Alphabet (GOOG), and
Facebook (FB) leading the pack. With
growth resuming its leadership position and
other areas of the tech sector on the mend,
the outlook for an across-the-board April
rally has improved.
It’s too early to assume we’ll have a clas-
sic case of “sell in May and go away,” but
for now, at least, we can say that April is
shaping up to be a generous month for
investors. I’m seeing a large number of
constructive-looking chart patterns in sev-
eral key industry groups, and while this is
admittedly a subjective observation, bullish
chart patterns generally bode well for the
near-term outlook.
One example of a somewhat common
chart pattern I’m seeing over and over
again is the one visible in the Alphabet
chart. The past two months’ worth of lateral
consolidation was followed by an upside
breakout to new highs in April, which is
very encouraging....
Another neglected growth name, Face-
book, after spending several months in a
directionless trading range, has re-emerged
as a growth leader. This is amply testified
by the series of new all-time highs the stock
has recently hit. Relative strength in Face-
book has generally been a positive sign for
the broad market over the past year.
—CLIF DROKE
The Perils of Short Selling
Monthly Newsletter
Phil Erlanger Research
erlangerresearch.com
April 8: Earlier this year, short selling de-
clined to very light levels...and that con-
cerned us. It could have represented a poor
sentiment picture of overenthusiasm for
stocks. Instead, the market improved in the
face of reduced short selling. Weak markets
rarely do that. Recently, short selling has
surged back to more-normal levels. The key
is that those short sellers bet against a ris-
ing market—usually not a smart thing to do.
For the past five years, “dumb” short sell-
ers (those with a poor track record of mak-
ing money on their short trades) have been
the majority of short sellers. It is particu-
larly true that the recent jump in short sell-
ing was established by dumb short sellers.
—PHIL ERLANGER
A Coming Copper Shortage
Articles
Ahead of the Herd
aheadoftheherd.com
April 5: Among all of the metals, none is
more critical than copper, even though the
red metal is never categorized as such.
Mainstream media and the large mining
companies are finally catching on to what we
have been saying for the past two years: The
copper market is heading for a severe supply
shortage due to a perfect storm of under-
exploration/lack of discovery of new deposits
clashing with a huge increase in demand due
to electrification and decarbonization. Yet it
appears the U.S. did not get the memo.
Even though in 2020 copper exports to
China were surging, along with prices, as
the country sopped up millions of pounds of
cheap copper rendered less expensive by
the pandemic, in the U.S., copper produc-
tion actually fell. According to the U.S. Geo-
logical Survey, output decreased by 5% to
an estimated 1.2 million tons.
One of the problems with copper is that
it’s difficult to find in large enough amounts
close to surface, where it’s economical to
extract. It also takes many years to bring a
copper deposit into production, especially in
places like the U.S. and Canada, where
miners face strict permitting regulations that
can cause delays. According to Bloomberg
Intelligence, the average lead time from first
discovery to first metal has increased by
M11
four years from previous cycles, to almost 14
years.
Recent research by BI reveals that the
mining industry needs 10 million tons more
copper to meet much higher demand from
the clean power and transportation sectors.
[That] requires spending up to $100 billion
to head off what could be an annual supply
deficit of 4.7 Mt by 2030, according to esti-
mates from CRU Group....
Failure will be measured in the price of
copper, which is bound to go up, subject to
the natural laws of supply and demand.
—RICHARD MILLS
Stick With Equities, Bet on Value
Market Navigator
Truist Advisory Services
truist.com
April 5: From a positioning standpoint, we
still view equities as attractive on a relative
basis. Even though we expect periodic set-
backs, U.S. stocks have risen 85% of the time
during economic expansions, and valuations
remain attractive relative to fixed income.
The U.S. remains in the leadership position,
given stronger economic and earnings mo-
mentum, and our nonconsensus view of sta-
bility in the U.S. dollar for the first half of
the year is playing out. Our favored areas
have shifted over the past six months from
growth to cyclical parts of the market. Catch-
up potential remains for the value style,
particularly, pure value, which trailed the
broader market by almost 35% over the past
three years. Real estate investment trusts
are also starting to appear more attractive on
a selective basis after trailing the broader
market by the most since the financial crisis.
While we still don’t see a lot of value in gov-
ernment bonds, the sharp rise in rates has
slightly improved the risk/reward. High-yield
and bank-loan returns should also moderate
but remain supported by an improving eco-
nomic backdrop and a lower sensitivity to
rising rates. —KEITH LERNER
To be considered for this section, material, with
the author’s name and address, should be sent
to MarketWatch@barrons.com.
M12 BARRON’S April 12, 2021

New York Stock Exchange Composite List

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
NOTICE TO READERS: High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
42.36 15.03 ArcusBiosci RCUS ... dd 31.30 +2.47 ... 5.86 2.49 BancoBilbaoViz BBVA .0 22 5.30 +0.05 .0697 44.34 24.82 BrookfieldBusPtr BBU .6 dd 41.53 +0.66 .0625
Sign up for the Weekly Market Lab Newsletter: barrons.com/newsletters 27.40 10.58 Ardagh ARD 2.3 cc 26.06 +0.56 .15 4.90 2.58 BancoBradesco BBDO 2.3 11 3.95 –0.04 .0023 77.79 37.13 BrookfieldInfr BIPC 2.7 dd 74.40 –2.73 .51
7.92 2.61 ArdmoreShipping ASC ... dd 4.08 –0.43 ... 25.12 14.76 BancodeChile BCH 1.6 21 23.86 +0.21 .3844 55.28 37.00 BrookfieldInfr BIP 3.7 cc 54.76 +0.40 .51
10.80 9.74 AresAcqn AAC.UT ... ... 10.09 +0.10 ... 16.92 9.31 Bladex BLX 6.7 9 14.87 –0.34 .25 63.31 26.89 BrookfieldRenew BEPC 2.5 ... 47.38 +0.44 .3038
10.00 9.50 AresAcqnA AAC ... ... 9.88 +0.11 ... 26.79 11.45 BancoMacro BMA ... 2 13.08 –0.10 ... 49.87 22.96 BrookfieldRenew BEP 2.8 dd 43.52 +0.75 .3038
Please visit the new Market Lab home page on barrons.com under Data. 1.29
15.05
0.75
5.70
AresAcqnWt
AresCommRealEst
AAC.WT
ACRE
...
9.5
...
22
1.07
13.89
+0.14
–0.07
...
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8.95 3.69 BancSanBrasil BSBR 2.5 ...
18
6.72 –0.05 .0254 48.76
83.01
34.06
54.29
Brown&Brown
Brown-Forman A
BRO .8 28
BF.A 1.1 35
47.83
65.88
+1.31
+1.24
.0925
.1795
25.89 13.31 BcoSantChile BSAC ... 24.83 +0.10 ...
www.barrons.com/market-data/market-lab 59.17
55.99
29.66
32.40
AresMgmt
Argan
ARES
AGX
3.4
1.9
72
cc
55.13
53.56
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1.00
5.70
3.70
2.52
1.71
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BancoSantander
BSMX
SAN
...
... dd
9 5.68
3.46
+0.10
+0.04
...
...
83.40
107.85
59.19
34.09
Brown-Forman B
Brunswick
BF.B 1.0 37
BC 1.1 21
70.98
99.42
+1.33
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.27
55.24 25.00 ArgoGroup ARGO 2.3 dd 54.03 +2.74 .31 42.00 21.54 BanColombia CIB 3.3 cc 33.24 +1.26 .071 43.11 12.76 Buckle BKE 2.9 16 42.94 +3.58 .33
326.60 192.96 AristaNetworks ANET ... 39 315.55 +7.51 ... 35.59 17.21 BancorpSouth BXS 2.4 15 32.26 –0.25 .19 14.32 6.89 Buenaventura BVN ... dd 10.65 +0.44 ...
52-Week Tick Div 52-Week Tick Div 4.42 2.08 ArlingtonAsset AAIC ... dd 3.98 –0.17 ... 40.28 20.10 BankofAmerica BAC 1.8 21 39.99 +0.50 .18 9.14 1.65 Build-A-Bear BBW ... dd 9.01 +1.71 ...
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. 10.49 1.91 ArloTech ARLO ... dd 6.35 –0.18 ... 41.36 16.77 BankofButterfield NTB 4.7 13 37.44 –0.53 .44 10.10 9.64 BuildAcqn BGSX.UT ... ... 9.99 –0.01 ...
14.32 6.40 ArmadaHoffler AHH 4.6 34 12.92 –0.08 .15 99.10 48.77 BankofHawaii BOH 3.0 24 90.75 –0.26 .67 82.33 32.68 Bunge BG 2.5 11 79.45 –0.75 .50
118.30 84.97 Allstate ALL 2.8 7 117.10 +1.07 .81 12.43 6.39 ArmourRes ARR 9.8 dd 12.20 –0.09 .10 91.99 43.26 BankofMontreal BMO 3.7 15 91.67 +1.62 .8469 11.10 4.10 BurfordCapital BUR ... 13 9.76 –0.22 ...
A 47.61
17.39
13.29
2.68
AllyFinancial
AlphaMetal
ALLY
AMR
1.6
...
16
dd
47.15
14.19
+0.42
+1.38
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...
6.96
96.84
1.37
57.96
ArmstrongFlooring
ArmstrongWorld
AFI
AWI
...
.9
dd
dd
5.21
94.55
+0.01
+2.07
...
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48.70
64.38
31.24
34.73
BankNY Mellon
BkNovaScotia
BK
BNS
2.6
4.5
13
16
48.62
62.50
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324.99
29.13
155.03
9.34
BurlingtonStrs
ButterflyNtwk
BURL ... dd
BFLY ... dd
324.70
16.65
+25.41
+0.38
...
...
20.19 9.95 AlpineIncmProp PINE 5.3 cc 18.23 +0.38 .24 115.71 50.47 ArrowElec ARW ... 15 115.69 +3.55 ... 50.71 13.47 BankUnited BKU 2.1 22 44.43 –0.04 .23 16.66 0.77 ButterflyNtwkWt BFLY.WT ... ... 6.24 –0.12 ...
45.49 13.80 AAR AIR ... cc 40.89 –1.22 ... 13.89 4.00 AltaEquipment ALTG ... dd 13.07 –0.32 ... 55.25 21.23 ArtisanPtrsAsset APAM 5.8 16 53.36 +0.84 .31 10.41 4.20 Barclays BCS .5 ... 10.21 +0.02 .0555 22.15 8.68 BylineBancorp BY 1.1 23 21.73 +0.42 .06
32.10 16.80 ABB ABB 2.2 13 32.08 +1.42 .6957 3.99 0.50 AltaEquipWt ALTG.WT ... ... 3.45 –0.05 ... 43.72 20.57 Asana ASAN ... dd 33.90 +3.09 ... 10.39 6.10 BaringsBDC BBDC 7.4 51 10.26 +0.10 .19
55.48
9.56
27.83
5.20
ABMIndustries
ACCO Brands
ABM
ACCO
1.4
3.1
79
13
53.30
8.32
+2.43
–0.02
.19
.065 185.75
38.30
77.05
21.97
Alteryx
AlticeUSA
AYX
ATUS
...
...
dd
42
85.46
32.73
+0.82
+0.65
...
...
204.12
12.99
50.42
10.00
AsburyAutomotive
AscendantDigital
ABG
ACND.UT
...
...
15
...
198.49
10.51
+1.78
+0.06
...
...
9.54
57.64
1.25
30.71
Barnes&NobleEduc
BarnesGroup
BNED
B
...
1.3
dd
41
6.98
51.12
–1.45
+1.04
...
.16 C
16.38 5.28 AcresCmclRlty ACR ... dd 15.32 +0.10 ... 13.07 9.86 AltimarAcqn ATAC.UT ... ... 10.40 –0.01 ... 11.32 9.57 AscendantDigA ACND ... ... 9.97 +0.07 ... 31.22 18.64 BarrickGold GOLD 1.6 16 21.21 +0.84 .09
56.59 21.51 ADC Therap ADCT ... dd 23.99 –1.53 ... 12.07 9.64 AltimarAcqnA ATAC ... ... 9.99 +0.09 ... 2.74 0.93 AscendantDigWt ACND.WT ... ... 1.23 +0.08 ... 34.80 14.86 BauschHealth BHC ... dd 30.78 –0.93 ... 266.31 190.16 CACI Intl CACI ... 17 251.35 +2.75 ...
17.21 5.00 ADT ADT 1.5 dd 9.50 +1.04 .035 3.78 0.97 AltimarAcqnWt ATAC.WT ... ... 1.43 ... ... 18.80 1.27 AshfordHosp AHT ... dd 2.55 –0.36 ... 95.19 74.79 BaxterIntl BAX 1.2 40 84.92 +0.60 .245 50.21 12.78 CAI Intl CAI 2.4 42 43.81 –1.74 .30
12.41 9.90 AEA-Bridges IMPX.UT ... ... 10.55 +0.28 ... 10.45 9.62 AltimarAcqnIIA ATMR ... ... 9.87 +0.02 ... 92.15 53.24 AshlandGlobal ASH 1.2 dd 88.80 –1.56 .275 22.17 4.91 BeazerHomes BZH ... 10 21.30 –0.17 ... 6.31 2.64 CBD Pao CBD 1.9 13 5.89 +0.26 .1052
11.42 9.58 AEA-BridgesA IMPX ... ... 10.01 +0.14 ... 2.05 1.05 AltimarAcqnIIWt ATMR.WT ... ... 1.08 –0.42 ... 26.98 5.19 AspenAerogels ASPN ... dd 18.78 –2.01 ... 284.97 219.50 BectonDicknsn BDX 1.3 48 247.93 +6.35 .83 34.13 20.24 CBIZ CBZ ... 24 33.62 +0.54 ...
2.33 0.65 AEA-BridgesWt IMPX.WT ... ... 1.02 +0.12 ... 10.28 9.83 AltimarAcqnIII ATAQ.UT ... ... 10.12 +0.11 ... 12.39 9.85 AspirCnsUn ASPL.UT ... ... 10.57 –0.33 ... 54.80 26.48 Belden BDC .4 dd 45.39 +0.73 .05 11.33 9.60 CBRE Acqn CBAH.UT ... ... 10.25 +0.25 ...
67.31 28.87 AECOM ACM ... dd 66.28 +1.90 ... 10.94 9.73 AltimarAcqnII ATMR.UT ... ... 10.14 –0.06 ... 11.75 9.65 AspirCnsA ASPL ... ... 10.11 –0.13 ... 26.53 15.28 BellRingBrands BRBR ... 37 23.92 –0.28 ... 11.00 9.32 CBRE Acqn A CBAH ... ... 10.04 +0.14 ...
29.07 11.00 AES AES 2.2 cc 27.72 +0.65 .1505 15.21 10.20 AltimeterGrw2 AGCB ... ... 11.06 +0.48 ... 2.58 0.73 AspirCnsWt ASPL.WT ... ... 1.42 –0.02 ... 32.56 18.24 BenchmarkElec BHE 2.1 81 30.90 –0.45 .16 2.60 0.87 CBRE Acqn Wt CBAH.WT ... ... 1.00 +0.07 ...
52.78 30.32 Aflac AFL 2.6 8 51.64 +0.22 .33 52.59 35.02 Altria MO 6.7 21 51.49 +0.49 .86 29.45 19.87 AssetMarkFin AMK ... dd 22.35 –1.32 ... 79.85 45.25 Berkley WRB .6 28 79.62 +3.13 .12 82.05 33.03 CBRE Group CBRE ... 36 80.42 +0.37 ...
148.46 42.84 AGCO AGCO .4 26 147.15 +2.73 .16 13.73 4.60 AlumofChina ACH ... 74 11.83 +1.23 ... 23.95 11.13 AssociatedBanc ASB 3.3 12 21.76 +0.12 .18 407750 250926 BerkHathwy A BRK.A ... 14 400000 +9640.00 ... 12.00 9.95 CCNeubergerII PRPB.UT ... ... 10.37 +0.18 ...
7.89 1.74 AG Mortgage MITT 4.5 dd 4.04 –0.15 .06 17.71 9.90 AlussaEnergy ALUS.UT ... ... 11.17 –0.10 ... 45.22 30.21 AssocCapital AC .6 41 34.75 –0.95 .10 267.50 167.04 BerkHathwy B BRK.B ... 14 266.01 +7.81 ... 11.37 9.71 CCNeubergerII PRPB ... ... 10.04 +0.15 ...
3.16 1.29 AHBeloA AHC 7.6 dd 2.11 –0.02 .04 15.28 9.39 AlussaEnergyA ALUS ... dd 10.10 +0.06 ... 147.15 83.89 Assurant AIZ 1.8 22 146.96 +4.66 .66 24.86 8.55 BerkshireHills BHLB 2.1 dd 22.49 +0.09 .12 3.08 1.01 CCNeubergerIIWt PRPB.WT ... ... 1.34 +0.11 ...
20.36 1.91 AMC Ent AMC ... dd 9.42 +0.06 ... ... 45.72 18.45 AssuredGuaranty AGO 2.0 10 44.09 +1.53 .22 63.24 33.97 BerryGlobal BERY ... 13 62.91 +1.35 ... 10.84 9.91 CCNeubergerIII PRPC.UT ... ... 10.06 +0.06 ...
80.80 36.65 AMN Healthcare AMN ... 51 75.86 +2.04 ... 4.62 0.47 AlussaEnergyWt ALUS.WT ... 2.32 +0.01 ... 34.42 1.68 AtHomeGroup HOME ... dd 28.74 +0.99 ... 9.99 9.70 CCNeubergerIII A PRPC ... ... 9.86 +0.16 ...
... 18.63 11.14 AmbacFin AMBC ... dd 17.23 +0.29 ... 124.89 63.59 BestBuy BBY 2.3 18 122.48 +6.72 .70
16.53 4.26 AMTD Intl HKIB ... 7.50 +0.46 ... ... 25.26 3.78 Atento ATTO ... dd 22.12 +0.92 ... 72.27 17.77 BigLots BIG 1.8 4 67.35 –1.51 .30 1.25 0.90 CCNeubergerIII Wt PRPC.WT ... ... 1.12 +0.03 ...
2.69 0.59 ARC Document ARC 3.6 16 2.25 +0.06 .02 6.77 3.24 AmbacFinWt AMBC.WT ... 4.87 +0.26 ... 10.00 9.73 AthenaTech ATHN.UT ... ... 9.98 +0.05 ... 51.24 23.05 CF Industries CF 2.6 31 46.01 +0.10 .30
3.20 1.90 Ambev ABEV ... 20 2.77 +0.10 ... 795.00 251.00 BiglariA BH.A ... dd 680.00 –10.98 ...
9.00 3.88 ASETech ASX 1.1 19 8.08 +0.11 .1363
12.40 8.18 Amcor AMCR 4.0 24 11.73 +0.07 .1175 55.39 21.51 Athene ATH ... 7 50.45 –0.68 ... 155.00 48.63 BiglariB BH ... dd 133.54 –2.90 ... 85.39 57.70 CGI GIB ... 25 84.20 +0.02 ...
105.82 34.97 ASGN ASGN ... 28 105.73 +7.17 ... 75.60 20.18 Atkore ATKR ... 17 71.80 –2.06 ... 195.95 37.91 Bill.com BILL ... dd 156.71 +6.84 ... 15.56 9.17 CI Financial CIXX 3.7 9 15.42 +0.74 .1417
33.24 26.35 AT&T T 6.9 dd 30.04 –0.43 .52 86.90 66.33 Ameren AEE 2.7 23 80.53 –0.50 .55 3.06 1.79 AtlanticPower AT ... 5 3.01 +0.15 ... 54.68 12.31 CIT Group CIT 2.7 dd 52.31 +0.76 .35
11.86 5.86 A10Networks ATEN ... 43 9.52 –0.22 ... 70.26 16.01 Ameresco AMRC ... 45 49.60 –0.21 ... 100.77 31.86 BiohavenPharm BHVN ... dd 69.39 +1.13 ... ...
15.24 10.12 AmericaMovil AMX 2.5 23 13.95 +0.26 .1771 11.24 9.82 AtlStreetAcqn ASAQ.UT ... ... 10.33 +0.22 ... 689.00 390.93 Bio-RadLab A BIO ... 5 602.57 +22.66 ... 14.10 9.75 CITICCapAcqn CCAC.UT ... 10.75 +0.18 ...
53.96 32.82 AXIS Capital AXS 3.3 dd 51.10 +0.34 .42 10.65 9.55 AtlStreetAcqn ASAQ ... ... 9.98 +0.23 ... 10.33 9.80 BiteAcqn BITE.UT ... ... 10.00 +0.04 ... 12.21 9.51 CITICCapAcqnA CCAC ... cc 10.15 +0.11 ...
48.79 26.35 Azek AZEK ... dd 46.75 +3.46 ... 15.87 10.41 AmericaMovil A AMOV 2.6 22 13.80 +0.18 .1771 ... ... AtlStreetAcqnWt ASAQ.WT ... ... .73 ... ... 3.55 0.30 CITICCapAcqnWt CCAC.WT ... ... 1.30 +0.08 ...
36.60 20.73 AmericanAssets AAT 3.4 72 33.15 +0.13 .28 9.88 9.62 BiteAcqn BITE ... ... 9.79 –18.36 ...
56.74 24.96 AZZ AZZ 1.3 cc 50.59 –0.45 .17
12.92 3.23 AmericanAxle AXL ... dd 9.55 –0.25 ... 14.83 6.00 Atlas ATCO 3.5 28 14.14 +0.10 .125 0.62 0.51 BiteAcqnWt BITE.WT ... ... .58 ... ... 67.98 52.35 CMS Energy CMS 2.9 23 60.46 –0.56 .435
31.00 16.20 Aaron's AAN 1.6 ... 24.65 –1.36 .10 20.91 9.93 AtlasCrestInvt ACIC.UT ... ... 10.81 +0.08 ... 69.79 51.97 BlackHills BKH 3.3 19 67.68 +0.98 .565 47.69 25.18 CNA Fin CNA 3.3 18 46.08 +0.27 .75
128.54 83.52 AbbottLabs ABT 1.5 48 120.90 +1.96 .45 46.06 25.43 AmCampus ACC 4.3 85 43.32 –0.73 .47 18.60 9.73 AtlasCrestInvt ACIC ... ... 10.21 +0.09 ... 16.14 5.26 CNH Indl CNHI .0 dd 15.63 –0.09 .131
113.41 78.66 AbbVie ABBV 4.8 38 107.54 –0.98 1.30 32.62 6.54 AmerEagle AEO 1.7 dd 32.58 +3.51 .1375 6.44 1.30 AtlasCrestInvtWt ACIC.WT ... ... 1.90 +0.05 ... 97.19 61.52 BlackKnight BKI ... 46 74.88 +0.17 ... 26.64 11.52 CNO Financial CNO 1.9 12 25.24 +0.35 .12
40.08 8.80 Abercrombie&Fitch ANF ... dd 38.70 +4.24 ... 34.25 15.57 AmEqtyLf AEL 1.0 5 31.21 –0.80 .32 ... 10.13 4.70 BlackStoneMin BSM 7.6 19 9.20 +0.07 .175 15.89 7.97 CNX Resources CNX ... dd 13.82 –1.52 ...
151.46 76.00 AmerExpress AXP 1.2 39 147.78 +3.21 .43 11.25 9.82 AtlasCrestII ACII.UT ... 10.27 +0.22 ... 28.77 3.66 BlackBerry BB ... dd 9.13 +0.53 ...
21.56 9.10 AcadiaRealty AKR 3.1 dd 19.65 –0.02 .15
120.63 51.55 AmericanFin AFG 1.7 14 118.24 +4.30 .50 10.37 9.46 AtlasCrestII A ACII ... ... 10.00 +0.20 ... 810.62 440.00 BlackRock BLK 2.0 25 808.35 +41.52 4.13 12.50 3.66 CONSOL Energy CEIX ... dd 9.17 –0.38 ...
15.11 7.14 AccelEnt ACEL ... dd 11.53 +0.55 ... 1.25 0.78 AtlasCrestII Wt ACII.WT ... ... 1.13 +0.13 ... 76.93 48.75 25.77 CRH CRH 2.3 34 48.75 +1.97 .93
10.03 9.73 AccelerateAcqn AAQC.UT ... ... 9.98 +0.01 ... 34.50 22.00 AmHomes4Rent AMH 1.2 cc 34.19 –0.04 .10 111.34 84.59 AtmosEnergy ATO 2.5 19 99.13 +0.89 .625 45.05 Blackstone BX 2.9 54 76.90 +1.71 .96 56.90 33.41 CTO Realty CTO 7.6 3 52.85 –0.19 1.00
287.82 165.71 Accenture ACN 1.2 34 287.71 +9.37 .88 49.00 22.14 AIG AIG 2.7 dd 46.60 +0.22 .32 22.75 17.00 Atotech ATC ... dd 21.94 +0.94 ... 32.70 19.57 BlackstoneMtg BXMT 7.8 35 31.83 +0.62 .62 37.26 18.17 CTS CTS .5 29 30.97 –0.69 .04
173.61 70.55 AcuityBrands AYI .3 25 170.18 +1.28 .13 14.00 6.12 AmRltyInv ARL ... 16 9.14 +0.08 ... 6.35 0.90 Audacy AUD ... dd 5.18 –0.31 ... 22.99 13.05 BlockHR HRB 4.6 58 22.84 +0.55 .26 183.90 59.75 C3.ai AI ... ... 61.03 –7.87 ...
47.68 22.56 Acushnet GOLF 1.5 34 43.61 +1.53 .165 91.11 69.25 AmerStWater AWR 1.7 33 77.10 +1.21 .335 19.68 3.71 AuroraCannabis ACB ... dd 8.91 –0.23 ... 44.95 5.81 BloomEnergy BE ... dd 24.84 –1.51 ... 20.81 4.80 Curo CURO 1.6 8 14.10 –0.55 .055
9.64 3.50 Adecoagro AGRO ... dd 8.21 +0.36 ... 272.20 197.50 AmerTowerREIT AMT 2.0 63 240.39 +0.33 1.24 10.66 9.81 AusterlitzAcqnI AUS.UT ... ... 10.29 +0.19 ... 15.00 4.13 BlueApron APRN ... dd 6.36 +0.04 ... 27.02 9.81 CVR Energy CVI .0 dd 18.48 –2.12 .40
48.65 9.85 Adient ADNT ... dd 43.33 +0.23 ... 22.49 11.71 AmerVanguard AVD .4 39 20.00 –0.92 .02 10.70 9.88 AusterlitzAcqnII ASZ.UT ... ... 10.24 +0.20 ... 11.30 3.42 BluegreenVac BXG .0 96 10.90 –0.06 1.19 49.90 5.75 CVR Partners UAN ... dd 48.05 +3.05 ...
10.60 9.79 AditEdTech ADEX.UT ... ... 9.99 +0.01 ... 172.56 112.50 AmerWaterWorks AWK 1.5 39 151.68 +1.09 .55 147.67 70.01 Autohome ATHM 1.7 8 94.13 –1.13 .87 21.94 5.22 BluegreenVac BVH ... dd 20.51 +2.56 ... 77.23 55.36 CVS Health CVS 2.7 14 74.07 –0.23 .50
9.92 9.44 AditEdTechA ADEX ... ... 9.72 –0.01 ... 43.75 15.53 AmericanWell AMWL ... dd 17.14 –0.86 ... 99.21 51.71 Autoliv ALV ... 44 92.92 –1.23 ... 46.75 4.08 BlueLinx BXC ... 5 45.66 +5.24 ... 2326.80 1622.52 CableOne CABO .6 35 1786.75 –42.53 2.50
0.90 0.42 AditEdTechAcqnWt ADEX.WT ... ... .56 +0.03 ... 11.00 10.05 AmericasTechAcqn ATA.UT ... ... 10.40 +0.27 ... 96.20 28.79 AutoNation AN ... 21 93.12 +1.06 ... 10.99 9.89 BlueRiverAcqn BLUA.UT ... ... 10.04 +0.09 ... 54.90 26.95 Cabot CBT 2.6 dd 53.16 –0.12 .35
43.85 23.22 AdtalemGlbEduc ATGE ... 9 39.36 –0.74 ... 10.30 9.82 AmericasTechA ATA ... ... 9.94 ... ... 1446.25 906.38 AutoZone AZO ... 18 1438.50 +19.66 ... 9.85 9.57 BlueRiverA BLUA ... ... 9.81 +0.05 ... 22.67 15.76 CabotOil COG 2.3 35 17.38 –1.71 .10
187.91 103.60 AdvanceAuto AAP .5 26 183.97 –1.99 .25 1.78 0.51 AmericasTechWt ATA.WT ... ... .62 +0.07 ... 185.37 71.60 Avalara AVLR ... dd 142.56 +2.85 ... 1.30 0.40 BlueRiverWt BLUA.WT ... ... .78 +0.05 ... 39.07 11.80 Cactus WHD 1.2 47 29.67 –1.52 .09
113.85 32.12 AdvDrainageSys WMS .3 47 111.66 +3.72 .09 41.29 27.77 AmericoldRealty COLD 2.2 cc 39.43 +0.69 .22 195.46 131.38 Avalonbay AVB 3.4 32 185.94 –0.96 1.59 13.35 9.85 BluescapeOpps BOAC.UT ... ... 10.75 +0.09 ... 23.88 4.79 CadenceBancorp CADE 2.8 dd 21.48 +0.26 .15
10.20 9.86 AdvancedMerg AMPI.UT ... ... 10.06 +0.06 ... 241.18 100.11 Ameriprise AMP 1.7 20 240.79 +5.38 1.04 56.20 38.78 Avangrid AGR 3.4 27 51.40 +1.15 .44 13.09 9.51 BluescapeOppsAcqn BOAC ... ... 10.15 +0.21 ... 31.29 12.95 CAE CAE ... cc 31.19 +2.36 ...
30.43 8.49 AdvanSix ASIX ... 18 28.57 +0.64 ... 120.54 81.51 AmerisourceBrgn ABC 1.5 dd 116.81 –0.08 .44 53.61 24.71 AvanosMedical AVNS ... dd 43.26 –1.32 ... 3.15 1.39 BluescapeOppsWt BOAC.WT ... ... 1.63 +0.05 ... 22.87 4.94 Caleres CAL 1.3 dd 21.35 –0.25 .07
5.11 2.10 Aegon AEG 2.6 dd 4.70 –0.08 .0727 131.79 73.11 Ametek AME .6 35 131.29 +2.63 .20 12.60 9.85 AvantiAcqn AVAN.UT ... ... 10.69 +0.29 ... 278.57 113.89 Boeing BA ... dd 252.36 –0.60 ... 28.10 10.99 CaliforniaRscs CRC ... dd 24.25 +0.36 ...
2.51 1.50 Aenza AENZ ... dd 2.33 –0.05 ... 7.45 3.07 AmnealPharm AMRX ... 10 5.96 –0.64 ... 11.40 9.54 AvantiAcqnA AVAN ... ... 10.02 +0.14 ... 65.45 25.21 BoiseCascade BCC .6 15 65.22 +3.96 .10 60.50 41.19 CalWtrSvc CWT 1.6 30 57.50 +1.29 .23
62.40 21.61 AerCap AER ... dd 61.20 +1.65 ... 8.81 2.70 Ampco-Pitt AP ... 13 7.16 –0.54 ... 2.97 0.61 AvantiAcqnWt AVAN.WT ... ... 1.19 +0.14 ... 40.79 11.88 BonanzaCreekEner BCEI ... 7 33.25 –5.00 ... 48.78 6.90 Calix CALX ... 84 41.45 +4.53 ...
53.53 32.15 AerojetRocket AJRD .0 29 47.74 +0.55 5.00 69.10 38.14 Amphenol APH .8 35 68.46 +1.41 .145 31.87 12.76 Avantor AVTR ... cc 31.73 +2.28 ... 69.38 13.25 BootBarn BOOT ... 50 68.74 +6.94 ... 32.59 9.86 CallawayGolf ELY .0 dd 27.80 +0.65 .01
21.83 9.55 AevaTech AEVA ... dd 11.78 –0.68 ... 4.15 0.62 AmplifyEnergy AMPY ... dd 2.56 –0.38 ... 34.06 7.90 Avaya AVYA ... dd 29.00 –0.19 ... 100.26 68.34 BoozAllen BAH 1.8 21 82.26 +0.55 .37 42.31 3.90 CallonPetrol CPE ... dd 35.21 –5.49 ...
7.96 0.40 AevaTechWt AEVA.WT ... ... 3.76 –0.01 ... 11.80 4.00 Amrep AXR ... dd 10.40 –0.72 ... 197.80 98.84 AveryDennison AVY 1.3 30 197.13 +9.06 .62 12.84 4.06 BoqiiHolding BQ ... dd 5.29 –0.68 ... 113.50 80.06 CamdenProperty CPT 3.0 90 112.33 +1.07 .83
156.84 56.80 AffiliatedMgrs AMG .0 35 155.63 +3.34 .01 86.17 34.50 Anaplan PLAN ... dd 59.15 +4.23 ... 51.94 18.14 Avient AVNT 1.7 34 48.93 +0.98 .2125 50.60 24.27 BorgWarner BWA 1.5 21 46.48 +0.18 .17 19.71 8.88 Cameco CCJ .4 dd 17.21 –0.04 .0609
10.05 9.85 AfricanGoldAcqn AGAC.UT ... ... 9.99 –0.01 ... 38.50 19.55 AngloGoldAsh AU ... 10 22.06 –0.92 ... 49.14 32.26 Avista AVA 3.6 25 47.57 +0.14 .4225 2.86 0.37 BorrDrilling BORR ... dd 1.00 –0.05 ... 54.08 44.53 CampbellSoup CPB 3.1 18 48.07 –1.90 .37
9.75 9.40 AfricanGoldA AGAC ... ... 9.66 +0.04 ... 72.41 37.93 AB InBev BUD 1.6 dd 65.39 +1.60 .5669 31.48 16.16 AxaltaCoating AXTA ... 58 29.87 –0.10 ... 1283.19 383.14 BostonBeer SAM ... 81 1253.10 +68.42 ... 44.10 6.42 CampingWorld CWH .9 12 38.27 +1.35 .14
0.88 0.45 AfricanGoldWt AGAC.WT ... ... .52 +0.02 ... 9.02 5.48 AnnalyCap NLY 10.2 dd 8.66 –0.06 .22 54.36 15.90 AxosFinancial AX ... 14 48.53 +1.04 ... 110.36 69.69 BostonProps BXP 3.7 19 104.74 +0.48 .98 50.05 18.52 CanadaGoose GOOS ... 86 42.51 +2.15 ...
136.98 73.42 AgilentTechs A .6 51 131.91 +4.22 .194 9.69 2.51 AnteroMidstream AM 14.4 dd 8.53 –0.59 .3075 25.84 5.60 Azul AZUL ... dd 20.81 +0.73 ... 42.37 32.99 BostonSci BSX ... dd 39.32 +0.74 ... 102.20 54.91 CIBC CM 4.7 14 98.90 +0.19 1.1575
89.23 47.91 AgnicoEagle AEM 2.3 29 60.77 +1.10 .35 10.94 1.17 AnteroResources AR ... dd 9.19 –1.67 ... 53.60 13.50 AzurePowerGlbl AZRE ... dd 27.75 +0.66 ... 26.47 14.79 Box BOX ... dd 21.70 –2.29 ... 119.35 75.51 CanNtlRlwy CNI 1.6 31 117.50 –0.26 .4803
72.68 54.94 AgreeRealty ADC 3.7 39 67.89 –0.20 .207 379.13 237.65 Anthem ANTM 1.3 20 361.01 +7.25 1.13 66.62 13.59 BoydGaming BYD ... dd 64.06 +2.53 ... 32.64 11.77 CanNaturalRes CNQ 4.9 dd 30.85 –0.73 .3217
238.57 167.45 Aon AON .8 28 237.00 +5.20 .46 57.85 37.47 Brady BRC 1.6 27 55.00 –0.19 .22 390.46
52.96
327.89
19.74
205.41
AirLease
AirProducts
AL
APD
1.3
2.1
11
33
49.00
284.36
–0.64
–0.54
.16
1.50 45.89 35.99 AptIncmREIT AIRC 4.0 ... 42.76 –0.24 .43 B 7.45 2.01 BraemarHtls BHR ... dd 6.33 +0.11 ... 19.60
211.43
4.20
CanPacRlwy
Cango
CP
CANG
.8
2.8
28
3
375.95
8.30
–9.31
–0.10
.7436
1.00
15.19 9.96 AjaxI AJAX.UT ... ... 10.61 –0.01 ... 6.50 3.28 ApartmtInv AIV 26.3 5 6.23 –0.05 .9831 14.03 7.89 BrandywineRealty BDN 6.0 7 12.72 –0.49 .19 46.57 29.34 Cannae CNNE ... 2 40.92 +1.19 ...
13.85 9.85 AjaxI AJAX ... ... 10.22 –0.01 ... 22.36 8.01 APi Group APG ... dd 22.25 +0.65 ... 47.84 16.74 B&G Foods BGS 6.4 14 29.53 –0.75 .475 5.72 3.08 BrasilAgro LND 2.6 12 4.44 +0.17 .1117 24.22 15.46 Canon CAJ 2.6 31 23.54 +0.65 .36
4.82 1.35 AjaxIWt AJAX.WT ... ... 1.76 –0.07 ... 15.11 6.29 ApolloComRlEst ARI 9.7 cc 14.48 +0.27 .35 46.40 37.73 BCE BCE 5.9 24 46.22 +0.62 .6816 16.08 6.07 Braskem BAK ... dd 15.34 +1.14 ... 89.10 26.19 CantelMedical CMD ... 72 83.76 +1.92 ...
164.96 81.69 AlamoGroup ALG .4 33 159.37 +1.90 .14 55.39 33.66 ApolloGlbMgmt APO 5.1 cc 47.03 –0.98 .60 5.83 1.61 BEST BEST ... dd 1.61 –0.31 ... 17.05 8.05 BrighamMin MNRL 6.6 dd 15.27 –0.44 .26 134.70 49.41 CapitalOne COF 1.2 26 134.17 +4.39 .40
11.58 5.98 AlamosGold AGI ... 23 8.36 +0.20 ... 12.31 9.90 ApolloStratGr APSG.UT ... ... 10.46 +0.21 ... 16.91 7.27 BGSF BGSF 2.8 cc 14.35 +0.13 .10 182.50 97.23 BrightHorizons BFAM ... cc 164.79 –11.97 ... 47.79 7.35 CapitalSrLiving CSU ... dd 38.84 –0.58 ...
74.25 23.39 AlaskaAir ALK ... dd 72.63 +3.14 ... 11.40 9.64 ApolloStratGrA APSG ... ... 9.97 +0.06 ... 81.82 36.54 BHP Group BHP 4.4 26 70.73 +1.19 2.02 8.78 5.55 BrightScholarEduc BEDU 1.8 30 5.78 –0.20 .12 2.00 1.15 CapitolInvV Wt CAP.WT ... ... 1.31 –0.03 ...
89.80 43.16 AlbanyIntl AIN .9 28 86.66 +2.32 .20 2.93 1.00 ApolloStratGrWt APSG.WT ... ... 1.34 +0.13 ... 67.03 29.88 BHP Group BBL 5.3 21 59.34 +1.25 2.02 23.40 4.93 BrightSphere BSIG .2 7 22.93 +2.14 .01 11.13 10.00 CapitolInvtV CAP.UT ... ... 10.38 –0.12 ...
188.35 55.75 Albemarle ALB 1.1 42 147.32 –3.42 .39 10.96 9.73 ApolloStratGrII APGB.UT ... ... 10.08 +0.07 ... 50.18 24.80 BJ'sWholesale BJ ... 15 44.35 –0.10 ... 18.25 9.57 BrightView BV ... dd 18.19 +0.65 ... 10.61 9.76 CapitolInvV A CAP ... ... 9.98 –0.09 ...
20.62 12.91 Albertsons ACI 2.1 10 18.85 +0.45 .10 9.95 9.70 ApolloStratII A APGB ... ... 9.85 ... ... 10.22 9.82 BoaAcqn BOAS.UT ... ... 10.00 +0.07 ... 78.33 14.00 BrinkerIntl EAT ... cc 68.38 –3.53 ... 58.58 11.04 Capri CPRI ... dd 53.53 +4.15 ...
34.29 6.38 Alcoa AA ... dd 31.36 –0.87 ... 1.40 1.04 ApolloStratII Wt APGB.WT ... ... 1.19 ... ... 9.80 9.61 BoaAcqnA BOAS ... ... 9.78 ... ... 84.72 33.17 Brink's BCO .8 cc 79.74 +0.50 .15 11.79 9.96 Capstar CPSR.UT ... ... 10.41 +0.15 ...
76.26 49.74 Alcon ALC ... dd 73.74 +2.58 ... 16.06 7.14 AppleHospREIT APLE .8 dd 15.09 +0.23 .01 0.75 0.62 BoaAcqnWt BOAS.WT ... ... .70 ... ... 67.16 54.07 BristolMyers BMY 3.1 dd 62.61 –0.32 .49 10.88 9.60 CapstarSpacA CPSR ... dd 9.98 +0.20 ...
10.02 9.94 AldelFin ADF.UT ... ... 9.99 ... ... 95.80 43.62 AppliedIndlTechs AIT 1.4 dd 94.94 +1.76 .33 13.62 9.25 BP Midstream BPMP 10.9 8 12.80 +0.10 .3475 0.54 0.20 BristolMyersRt CELG.RT ... ... .23 +0.01 ... 1.96 0.50 CapstarSpacWt CPSR.WT ... ... .96 +0.16 ...
19.22 9.45 Alexander&Baldwin ALEX 3.5 cc 17.13 –0.17 .15 145.99 99.11 Aptargroup ATR 1.0 45 145.20 +1.33 .36 28.57 14.74 BP BP 6.4 dd 24.39 –0.19 .315 30.82 10.50 Bristow VTOL ... dd 25.83 –0.82 ... 6.66 4.14 CapsteadMtg CMO 9.5 dd 6.33 –0.02 .15
330.00 223.03 Alexanders ALX 6.3 35 287.09 +2.71 4.50 160.14 56.04 Aptiv APTV ... 21 142.43 +1.69 ... 5.19 1.26 BP Prudhoe BPT ... 8 3.39 –0.44 ... 41.58 31.60 BritishAmTob BTI 7.6 11 38.90 +0.57 .7412 62.96 44.65 CardinalHealth CAH 3.2 13 60.05 –0.83 .4859
179.79 136.52 AlexandriaRlEst ARE 2.6 29 168.40 –1.32 1.09 43.12 19.56 Aramark ARMK 1.1 dd 38.89 +0.64 .11 4.84 2.85 BRF BRFS ... 14 4.28 –0.05 ... 21.33 8.30 BrixmorProp BRX 4.2 50 20.43 –0.14 .215 171.93 97.55 Carlisle CSL 1.2 29 171.63 +4.58 .525
17.86 12.45 AlgonquinPwr AQN 3.8 12 16.43 +0.46 .1551 17.19 5.67 ArborRealty ABR 8.3 12 15.93 –0.23 .33 21.70 7.81 BRT Apartments BRT 5.2 dd 16.95 –0.45 .22 10.96 6.96 BroadmarkRealty BRMK 7.9 15 10.66 +0.17 .07 136.54 58.93 CarMax KMX ... 29 131.63 +8.32 ...
319.32 189.53 Alibaba BABA ... 26 223.31 –1.05 ... 30.46 7.58 ArcelorMittal MT ... dd 28.97 –0.38 ... 68.67 49.50 BWX Tech BWXT 1.2 23 67.32 +0.45 .21 0.35 0.18 BroadmarkRltyWt BRMK.WT ... ... .20 ... ... 30.63 10.95 Carnival CCL ... dd 29.30 +2.44 ...
669.36 434.53 Alleghany Y ... 92 660.75 +24.24 ... 58.88 21.80 ArchResources ARCH ... dd 42.87 +0.53 ... 9.90 0.88 Babcock&Wilcox BW ... dd 8.73 –0.97 ... 159.05 101.32 BroadridgeFinl BR 1.5 35 156.00 +1.08 .575 25.77 9.44 Carnival CUK ... dd 24.63 +1.78 ...
22.92 6.21 AlleghenyTechs ATI ... dd 22.09 +0.09 ... 59.12 33.01 ArcherDaniels ADM 2.5 19 58.54 +0.89 .37 111.77 52.09 BadgerMeter BMI .8 57 95.36 –0.57 .18 11.36 9.84 BroadstoneAcqn BSN.UT ... ... 10.27 +0.10 ... 48.06 15.90 CarpenterTech CRS 1.9 dd 41.24 –0.11 .20
134.44 89.83 Allegion ALLE 1.1 39 131.69 +3.94 .36 10.80 3.52 Archrock AROC 6.2 dd 9.39 –0.39 .145 25.64 12.01 BakerHughes BKR 3.6 dd 20.11 –1.62 .18 10.69 9.60 BroadstoneAcqnA BSN ... ... 9.97 +0.17 ... 38.22 13.54 CarriageSvcs CSV 1.1 40 35.22 –0.92 .10
72.60 48.22 Allete ALE 3.6 21 69.42 +2.05 .63 31.85 7.79 Arconic ARNC ... dd 25.93 –0.13 ... 102.76 59.79 Ball BLL .7 51 89.86 +3.59 .15 1.85 0.53 BroadstoneAcqnWt BSN.WT ... ... .89 +0.25 ... 43.48 12.26 CarrierGlobal CARR 1.1 19 42.75 +0.73 .12
121.28 32.51 AllianceData ADS .8 25 109.81 –3.54 .21 5.66 3.03 ArcosDorados ARCO .0 dd 5.06 –0.08 .03 75.92 10.70 Bally's BALY ... dd 61.70 –3.59 ... 19.99 15.90 Broadstone BNL 5.4 ... 18.57 +0.17 .25 15.71 3.81 Cars.com CARS ... dd 13.68 +0.54 ...
42.93 19.13 AllianceBernstein AB 7.2 14 40.29 –0.65 .97 68.46 31.03 Arcosa ACA .3 29 63.33 –2.48 .05 21.40 7.88 BancCalifornia BANC 1.3 dd 18.55 +0.31 .06 7.12 2.36 BrookdaleSrLiving BKD ... 15 6.71 +0.35 ... 105.41 67.84 Carter's CRI ... 38 93.29 +3.46 ...
45.92 31.69 AllisonTransm ALSN 1.8 17 43.15 +2.26 .19 10.56 9.84 ArctosNthStar ANAC.UT ... ... 10.06 +0.06 ... 5.09 2.10 BancoBBVA BBAR ... 3 2.70 –0.04 ... 45.88 29.09 BrookfieldMgt BAM 1.1 dd 45.53 +0.78 .13 323.39 58.04 Carvana CVNA ... dd 271.30 +5.98 ...

The Week’s Statistics Bonus Tables: M35

Barron's 50-Stock Average ............. 31
Cash Track ..................................... 24
Charting the Market ......................
Closed-End Funds.......................... 28
Coming Earnings ........................... 32
Conference Call Calendar............... 33
Delta Tactical Sentiment ................ 31
Distributions & Offerings ............... 31
Dividend Boosts - Reductions......... 35
Dividend Ex-Payment Dates ........... 35 Gold & Silver Prices......................... 34 N.Y. Stock Exchange ...................... 12 Stock Volume ................................ 31
DJ Averages ................................... 30 Gold Mining Index ......................... 34 Nasdaq National Market................ 16 Top Savings Deposit Yields............. 29
8 DJ U.S. Total Market Industry Groups 32 Indexes P/Es & Yields ...................... 31 New Corporate Listings ................. 35 Trading Diary ................................. 30
Dow Jones Averages ...................... 30 Initial Public Offerings.................... 32 New Highs & Lows ......................... 33 Vital Signs...................................... 2
Dow Jones Per Share Values ........... 31 Investor Sentiment Readings ......... 34 NYSE Half-Hourly Volume .............. 32 Week In Stocks............................... 31
Exchange Traded Portfolios ........... 20 Key Foreign Market Indexes ........... 23 Other Market Indexes .................... 30 Weekly Bond Statistics................... 34
Federal Reserve Data Bank ............. 34 Market Lab .................................... 30 Pulse of the Economy..................... 32 Winners & Losers Stocks ................ 9
Foreign Exchange .......................... 34 Money Rates, U.S. & Foreign .......... 34 SEC Form 144 Filings ...................... 31 For statistical queries please contact the
Global Stock Markets..................... 23 Mutual Funds ................................ 24 Stock Splits - Special Dividends ...... 35 Statistics Team: 609-520-4799
or email: barronsstats@barrons.com
April 12, 2021 BARRON’S M13

New York Stock Exchange Composite List

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. FIVE-DAY DOW COMPOSITE
11.35 9.96 CascadeAcqn CAS.UT ... ... 10.41 +0.03 ... 18.89 10.72 CerveceriasUnid CCU 1.8 28 18.61 +0.76 .0864 93.98 28.55 DineBrands DIN ... dd 93.97 +2.62 ...
10.45 9.72 CascadeAcqnA CAS ... ... 10.01 +0.14 ... 25.03 14.58 CompassDiversif CODI 5.8 dd 24.95 +1.53 .36 104.49 31.09 DiscoverFinSvcs DFS 1.8 28 100.18 +2.98 .44
1.92 0.66 CascadeAcqnWt CAS.WT ... ... .92 –0.03 ... 22.11 16.50 Compass COMP ... ... 17.31 –2.84 ... 203.02 98.86 Disney DIS ... dd 187.89 –1.08 ... Back to Life: The Dow gained 2% last week, as big tech stocks like
10.97 4.90 CasperSleep CSPR ... dd 7.73 +0.48 ... 70.13 38.84 CompassMnlInt CMP 4.5 37 64.20 +0.15 .72 25.82 9.96 dMY Tech II DMYD.UT ... ... 22.06 +4.88 ...
2.36
127.68
0.61
53.88
CastlightHealth
Catalent
CSLT
CTLT
...
...
dd
61
1.76
109.26
+0.22
+2.72
...
...
12.00
10.70
9.85
9.50
ComputeHealth
ComputeHlthA
CPUH.UT
CPUH
...
...
...
...
10.17
9.94
+0.03
+0.09
...
...
23.49
9.71
9.80
1.03
dMYTechA
dMYTechII Wt
DMYD
DMYD.WT
...
...
...
...
19.65
7.85
+4.02
+3.11
...
...
Intel, salesforce.com and Microsoft caught bids. Apple gained the
10.70 9.75 CatchaInvt CHAA.UT ... ... 10.15 +0.20 ... 2.25 1.19 ComputeHlthWt CPUH.WT ... ... 1.22 –0.03 ... 16.45 10.05 dMYTechIII Un DMYI.UT ... ... 11.75 +0.69 ... most, up 8.1%. Chevron declined 2.7% with falling oil prices.
10.25 9.70 CatchaInvtA CHAA ... ... 9.89 +9.86 ... 8.48 4.08 ComstockRscs CRK ... dd 5.24 –0.42 ... 15.39 10.18 dMYTechIIIA DMYI ... ... 11.03 +0.46 ...
0.99 0.77 CatchaInvtWt CHAA.WT ... ... .83 ... ... 39.34 31.55 ConagraBrands CAG 3.0 15 36.19 –1.10 .275 5.00 2.00 dMYTechIIIWt DMYI.WT ... ... 2.80 +0.49 ...
11.43 6.42 CatchMarkTimber CTT 5.1 dd 10.60 +0.16 .135 11.24 10.00 ConcordAcqn CND.UT ... ... 10.39 +0.15 ... 10.50 9.86 dMYTechIV DMYQ.UT ... ... 10.15 +0.08 ... Monday Tuesday Wednesday Thursday Friday
237.78 100.22 Caterpillar CAT 1.8 42 230.75 –1.99 1.03 10.60 9.63 ConcordAcqnA CND ... ... 9.94 +0.13 ... 103.88 52.13 DolbyLab DLB .9 33 101.52 –0.48 .22 33830
13.83 6.07 Cato CATO ... dd 13.60 +1.30 ... 1.80 0.79 ConcordAcqnWt CND.WT ... ... .95 +0.07 ... 225.25 167.63 DollarGeneral DG .8 19 206.66 +4.26 .42
52.50 19.50 CedarFairRec FUN ... dd 49.63 ... ... 5.89 1.13 ConcordMed CCM ... dd 4.08 +0.28 ... 87.34 67.85 DominionEner D 3.3 dd 76.30 +0.58 .63
16.93 4.26 CedarRealty CDR 1.8 dd 14.88 –0.35 .066 136.30 60.65 Conmed CNMD .6 cc 134.09 +4.56 .20 109.83 91.90 DominionEnerUn DCUE 7.2 ... 100.24 +0.88 1.8125
155.62 69.69 Celanese CE 1.8 9 152.33 +0.44 .68 61.14 27.53 ConocoPhillips COP 3.4 dd 51.23 –2.79 .43 435.58 319.71 Domino's DPZ 1.0 31 390.35 +16.97 .94
9.38 4.10 Celestica CLS ... 18 8.63 –0.08 ... 90.00 65.56 ConEd ED 4.1 23 75.17 +0.88 .775 39.33 18.66 Domtar UFS ... dd 37.51 +0.08 ... 33655
9.55 5.54 CementosPacasm CPAC ... 42 7.76 –0.22 ... 1.04 0.56 ConstellationI Wt CSTA.WT ... ... .84 +0.14 ... 62.70 39.36 Donaldson DCI 1.4 31 59.66 +0.73 .21
7.59 1.85 Cemex CX ... dd 7.14 +0.29 ... 10.81 9.70 ConstellationI CSTA.UT ... ... 10.15 +0.12 ... 30.24 5.17 DonnelleyFin DFIN ... dd 28.77 –0.26 ...
8.57 2.39 CenovusEnergy CVE ... dd 7.60 –0.27 ... 10.00 9.50 ConstellationI A CSTA ... ... 9.93 +0.23 ... 256.09 121.00 DoorDash DASH ... dd 140.50 +7.36 ...
4.62 2.65 CenovusEnergyWt CVE.WT ... ... 3.95 –0.22 ... 242.62 151.25 ConstBrands A STZ 1.4 25 224.15 –5.47 .76 14.90 7.20 DorianLPG LPG ... 8 12.86 –0.20 ...
74.70 53.60 Centene CNC ... 20 62.61 –0.64 ... 255.00 151.82 ConstBrands B STZ.B 1.2 27 222.65 –6.89 .69 51.44 25.63 DouglasDynamics PLOW 2.5 dd 46.50 –0.85 .285 33480
25.39 15.18 CenterPointEner CNP 2.8 dd 23.24 +0.59 .16 17.08 5.27 Constellium CSTM ... dd 14.89 +0.01 ... 34.95 22.88 DouglasEmmett DEI 3.4 cc 32.61 +0.33 .28
77.30 54.61 Centerspace CSR 4.1 dd 67.81 –1.49 .70 19.31 1.87 ContainerStore TCS ... 23 16.39 –0.03 ... 141.12 79.87 Dover DOV 1.4 30 139.96 +2.03 .495
7.75 3.35 CentraisElBras EBR ... 8 6.36 +0.39 ... 32.39 9.79 ContinentalRscs CLR ... dd 25.52 –1.82 ... 2.66 1.06 DoverMotorsports DVD 3.3 10 2.11 +0.02 .07
27.84 12.68 CentralPacFin CPF 3.4 21 27.42 +0.19 .23 16.78 3.59 Volaris VLRS ... dd 15.72 +1.03 ... 67.27 29.62 Dow DOW 4.4 39 63.14 –1.46 .70
3.21 1.99 CentralPuerto CEPU ... 2 2.23 –0.05 ... 401.92 268.92 Cooper COO .0 9 386.05 +0.56 .03 73.50 48.10 DrReddy'sLab RDY .4 37 63.92 +1.20 .3304 33305
67.95 14.25 CenturyComm CCS ... 11 65.65 +2.65 ... 47.85 8.25 Cooper-Standard CPS ... dd 32.53 –2.47 ... 17.06 10.00 DragoneerGrowth DGNR.UT ... ... 10.52 +0.07 ...
12.48 9.90 CerberusTele CTAC.UT ... ... 10.18 –0.23 ... 59.02 18.18 CooperT&R CTB .7 20 56.81 +0.33 .105 16.11 10.01 DragoneerGrwA DGNR ... ... 10.22 –0.02 ... (Prev Thu's
11.24 9.72 CerberusTeleA CTAC ... ... 9.95 +0.04 ... 7.45 2.46 CooTekCayman CTK ... dd 2.54 –0.12 ... 5.53 1.46 DragoneerGrwWt DGNR.WT ... ... 1.95 +0.26 ...
3.00 0.65 CerberusTeleWt CTAC.WT ... ... 1.14 +0.08 ... 94.91 35.16 Copa CPA ... dd 80.74 –0.18 ... 40.62 22.25 Dril-Quip DRQ ... dd 30.40 –3.37 ... Close) +373.98 -96.95 +16.02 +57.31 +297.03
111.93 49.24 CeridianHCM CDAY ... dd 89.66 +5.08 ... 41.99 10.60 CoreLabs CLB .1 dd 27.24 –2.86 .01 3.94 1.00 DriveShack DS ... dd 3.39 ... ... 33130
28.94 7.67 ChannelAdvisor ECOM ... 40 25.35 +0.90 ... 14.44 5.76 CoreCivic CXW ... 17 7.53 –1.31 ... 20.73 16.40 DuckhornPtf NAPA ... ... 18.90 +1.42 ... 10 12 2 4pm 10 12 2 4pm 10 12 2 4pm 10 12 2 4pm 10 12 2 4pm
6.20 1.32 CharahSolutions CHRA ... dd 5.30 –0.20 ... 90.70 34.23 CoreLogic CLGX 1.7 21 79.79 +0.34 .33 65.37 20.10 Ducommun DCO ... 26 64.03 +1.78 ...
49.48 9.70 ChargePoint CHPT ... dd 27.65 –2.19 ... 25.14 3.56 CorEnergyInfr CORR 2.9 dd 6.99 –0.18 .05 98.88 77.58 DukeEnergy DUK 4.0 56 97.54 +1.26 .965
24.60 0.40 ChargePointWt CHPT.WT ... ... 16.02 –2.33 ... 10.28 2.89 CorePoint CPLG ... dd 9.49 +0.18 ... 43.45 28.80 DukeRealty DRE 2.4 54 43.11 +0.25 .255
307.44 133.57 CharlesRiverLabs CRL ... 43 306.40 +12.23 ... 141.50 107.23 Coresite COR 4.1 62 120.99 –2.74 1.23 29.55 21.34 Dun&Bradstreet DNB ... dd 23.29 –0.15 ...
166.14 26.34 ChartIndustries GTLS ... 56 143.91 –1.68 ... 15.62 3.60 CornerstoneBldg CNR ... dd 14.67 +0.25 ... 87.27 34.83 DuPont DD 1.6 dd 75.86 –2.27 .30 52-Week Tick Div 52-Week Tick Div
14.95 4.59 ChathamLodging CLDT ... dd 13.45 –0.18 ... 45.84 18.82 Corning GLW 2.1 94 44.75 +0.76 .24 101.16 25.15 DycomInds DY ... 94 97.31 +4.56 ... High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
5.00 1.64 CheetahMobile CMCM .0 5 2.28 –0.04 1.42 5.59 1.72 CorpAmAirports CAAP ... dd 4.80 –0.18 ... 3.97 1.14 DynagasLNG DLNG ... 3 2.73 –0.11 ...
115.21 34.93 Chegg CHGG ... dd 89.63 +1.38 ... 28.50 20.93 CorpOfficeProp OFC 4.1 31 27.05 –0.19 .275 56.94 23.05 Dynatrace DT ... cc 52.89 +3.34 ... 294.79 186.30 EssexProp ESS 3.0 33 283.33 +6.84 2.09 20.56 10.11 ForestRoadAcqn FRX.UT ... ... 11.20 +0.24 ...
560.00 403.86 Chemed CHE .3 24 465.37 –0.89 .34 48.48 22.38 Corteva CTVA 1.1 52 47.13 +0.39 .13 19.53 11.12 DynexCapital DX 8.1 3 19.26 +0.24 .13 302.18 156.31 EsteeLauder EL .7 cc 302.12 +9.79 .53 18.20 9.72 ForestRoadA FRX ... ... 10.05 –0.01 ...
29.37 8.83 Chemours CC 3.6 21 27.85 –0.35 .25 17.43 14.99 Cosan CSAN ... 38 15.77 –0.30 ... 29.81 8.95 EthanAllen ETH 3.6 51 27.75 –0.21 .25 7.38 1.70 ForestRoadWt FRX.WT ... ... 2.76 –0.03 ...
.10
11.04
121.04
5.86
72.89
CherryHillMtg
ChesapeakeUtil
CHMI
CPK
11.3
1.5
dd
27
9.55
116.12
+0.01
+0.31
.27
.44
10.65
9.60
4.01
2.65
Costamare
Coty
CMRE
COTY
3.9
...
dd
dd
10.13
8.67
+0.25
–0.30 ... E 12.47
26.52
7.21
6.33
Euronav
Eventbrite
EURN 1.4 4
EB ... dd
8.75
22.98
–0.47
–0.17
.03
...
10.59
24.78
9.90
10.77
ForestRoad II
Forestar
FRXB.UT ... ...
FOR ... 18
10.04
24.72
+0.06
+0.49
...
...
112.70 65.16 Chevron CVX 5.0 dd 102.92 –2.83 1.29 69.00 41.41 Coupang CPNG ... ... 45.85 –1.46 ... 144.13 44.41 EvercoreA EVR 1.9 16 131.66 –4.15 .61 44.07 35.53 Fortis FTS 3.6 23 43.71 +0.31 .3962
120.00 36.65 Chewy CHWY ... dd 84.10 +1.39 ... 62.53 37.80 Coursera COUR ... dd 53.65 +7.87 ... 29.24 9.73 elfBeauty ELF ... cc 27.85 +0.91 ... 256.92 157.32 EverestRe RE 2.4 20 254.77 +3.66 1.55 74.26 43.87 Fortive FTV .4 16 70.96 +0.06 .07
4.12 0.91 Chico'sFas CHS ... dd 3.25 ... ... 38.15 22.99 CousinsProperties CUZ 3.5 52 35.29 –0.76 .31 117.48 52.95 EMCOR EME .4 49 117.00 +3.34 .13 65.43 48.61 Evergy EVRG 3.5 22 60.66 +0.73 .535 11.08 9.75 FortressCap FCAX.UT ... ... 10.09 +0.02 ...
13.02 7.01 ChimeraInvt CIM 9.3 dd 12.89 +0.07 .30 15.56 6.57 Covanta CVA 2.3 dd 13.87 –0.09 .08 25.22 13.36 ENI E 3.5 dd 24.31 –0.74 .284 15.99 3.50 Everi EVRI ... dd 14.60 +0.18 ... 10.10 9.50 FortressCapA FCAX ... ... 9.86 +0.01 ...
26.19 16.67 ChinaEastrnAir CEA ... dd 23.86 +0.30 ... 96.35 44.23 Crane CR 1.8 31 95.26 +0.24 .43 77.15 31.22 EOG Rscs EOG 2.3 dd 71.77 –3.57 .4125 96.66 73.61 EversourceEner ES 2.8 24 86.18 –0.29 .6025 2.22 0.90 FortressCapWt FCAX.WT ... ... 1.13 +0.15 ...
8.42 1.77 ChinaGreenAg CGA ... dd 7.76 +2.12 ... 10.95 5.43 Crawford A CRD.A 2.2 20 10.70 +0.02 .06 424.65 187.23 EPAM Systems EPAM ... 76 423.06 +23.07 ... 42.35 22.02 Evertec EVTC .5 28 39.56 +1.38 .05 31.81 7.51 FortressTransport FTAI 4.6 dd 28.72 +0.45 .33
13.63 9.05 ChinaLifeIns LFC 4.3 9 10.26 –0.17 .5158 10.67 4.95 Crawford B CRD.B 2.4 19 9.90 +0.30 .06 51.84 20.62 EPR Prop EPR .0 dd 47.78 –0.37 .3825 22.35 5.22 EvolentHealth EVH ... dd 20.20 –0.47 ... 13.05 9.65 FortressValueII FAII ... ... 10.21 +0.12 ...
31.00 18.00 ChinaOnlineEduc COE ... 25 23.00 +2.52 ... 172.12 110.47 Credicorp BAP 5.8 cc 150.00 +12.46 8.6579 10.49 9.73 EQ Health EQHA.UT ... ... 9.98 +0.07 ... 31.63 13.01 EvoquaWater AQUA ... 50 27.54 +0.26 ... 13.75 9.95 FortressValueII FAII.UT ... ... 10.35 –0.17 ...
58.40 38.18 ChinaPetrol SNP 6.4 12 51.80 –1.92 1.0232 14.95 7.33 CreditSuisse CS 1.1 10 10.65 –0.05 .0761 9.95 9.61 EQ Health A EQHA ... ... 9.79 +0.05 ... 10.89 9.77 ExecutiveNtwk ENPC.UT ... ... 10.05 +0.14 ... 4.00 1.12 FortressValueIIWt FAII.WT ... ... 1.66 –0.02 ...
39.96 20.26 ChinaSoAirlines ZNH ... dd 36.55 +0.02 ... 4.66 0.81 CrescentPoint CPG .2 dd 3.94 –0.43 .002 0.75 0.46 EQ Health Wt EQHA.WT ... ... .56 +0.03 ... 10.52 9.60 ExecutiveNtwkA ENPC ... ... 9.83 +0.09 ... 11.76 9.90 FortressValueIII FVT.UT ... ... 10.20 +0.10 ...
20.49 10.98 ChinaYuchai CYD 5.3 8 15.93 +0.35 .85 28.58 5.75 CrestwoodEquity CEQP 9.2 dd 27.14 –1.18 .625 20.36 10.52 EQT EQT ... dd 17.19 –1.77 ... 1.68 0.42 ExecutiveNtwkWt ENPC.WT ... ... 1.06 +0.21 ... 10.70 9.69 FortressVal III A FVT ... ... 10.00 +0.09 ...
1564.91 728.00 Chipotle CMG ... cc 1531.42 +92.96 ... 8.95 4.30 CrestwoodEqUn CEQP.PR 9.7 ... 8.74 +0.03 .2111 115.84 69.76 ESCO Tech ESE .3 cc 111.21 +0.37 .08 13.97 0.57 Express EXPR ... dd 3.79 –0.18 ... 2.76 0.85 FortressVal III Wt FVT.WT ... ... 1.28 +0.13 ...
114.83 66.00 ChoiceHotels CHH ... 81 109.48 –0.36 ... 10.58 4.69 CrossTimbers CRT 7.3 11 8.97 +0.38 .0867 10.08 9.75 ESM Acqn ESM.UT ... ... 10.03 +0.08 ... 8.93 3.23 Exterran EXTN ... dd 3.71 +0.14 ... 10.08 9.75 FortressValueIV FVIV.UT ... ... 10.02 +0.02 ...
179.01 93.10 Chubb CB 1.9 21 160.69 +1.70 .78 19.82 8.70 CrossAmerPtrs CAPL 10.8 7 19.43 +0.50 .525 11.97 8.26 E2open ETWO ... dd 10.05 +0.07 ... 139.04 80.86 ExtraSpaceSt EXR 2.9 38 138.38 +2.93 1.00 9.85 2.27 FortunaSilver FSM ... 69 7.33 +0.58 ...
40.25 35.44 ChunghwaTel CHT 2.8 27 39.40 +0.27 1.4187 180.00 146.15 CrownCastle CCI 3.0 75 175.24 +0.78 1.33 3.50 1.20 E2openWt ETWO.WT ... ... 2.19 ... ... 62.55 31.11 ExxonMobil XOM 6.2 dd 55.87 –1.52 .87 101.60 41.44 FortBrandsHome FBHS 1.0 26 100.69 +3.54 .26
98.96 67.08 Church&Dwight CHD 1.2 28 86.79 +0.26 .2525 105.49 55.85 CrownHoldings CCK .8 24 104.87 +4.49 .20 139.89 48.57 EagleMaterials EXP .0 17 138.78 +3.50 .10 24.93 3.60 ForumEnergyTech FET ... dd 19.56 –0.04 ...
6.21 1.29 ChurchillV Wt CCV.WT ... ... 1.61 +0.31 ... ... 9.43 1.44 EarthstoneEner ESTE ... dd 7.25 –1.71 ...
F
10.50 9.74 CrownPropTech CPTK.UT ... 10.00 +0.06 ... 30.42 16.34 FourCornersProp FCPT 4.5 26 28.18 –0.11 .3175
13.56 10.07 ChurchillCapII CCX.UT ... ... 10.40 –0.20 ... 9.84 9.55 CrownPropA CPTK ... ... 9.72 +0.14 ... 29.00 20.32 EasterlyGovtProp DEA 4.9 cc 21.16 +0.32 .26 2.64 0.63 FourSeasonsEduc FEDU ... dd 1.16 –0.30 ...
11.99 9.85 ChurchillCapIIA CCX ... cc 10.03 –0.01 ... 1.19 0.65 CrownPropWt CPTK.WT ... ... .79 +0.04 ... 153.26 94.38 EastGroup EGP 2.1 54 148.84 +1.04 .79 166.11 105.62 Franco-Nevada FNV .8 79 135.17 +5.26 .26
3.39 1.01 ChurchillCapIIWt CCX.WT ... ... 1.51 +0.03 ... 14.39 9.97 CrucibleAcqn CRU.UT ... ... 10.53 +0.25 ... 119.01 50.37 EastmanChem EMN 2.5 32 112.23 +0.94 .69 14.95 9.89 FastAcqn FST.UT ... ... 14.09 +0.30 ... 5.44 1.49 Frank'sIntl FI ... dd 3.55 –0.26 ...
64.86 9.60 ChurchillCapIV CCIV ... ... 22.97 –0.81 ... 11.10 9.62 CrucibleAcqnA CRU ... ... 10.13 +0.20 ... 60.00 1.91 EastmanKodak KODK ... dd 7.91 –0.38 ... 13.20 9.59 FastAcqnA FST ... ... 12.60 +0.15 ... 30.88 16.50 FranklinCovey FC ... dd 29.48 +0.13 ...
73.63 8.90 ChurchillCapIV CCIV.UT ... ... 25.17 –0.84 ... 3.30 0.90 CrucibleAcqnWt CRU.WT ... ... 1.36 +0.12 ... 143.29 70.54 Eaton ETN 2.2 40 140.45 +0.96 .76 4.50 0.70 FastAcqnWt FST.WT ... ... 3.20 +0.26 ... 30.73 14.91 FranklinRscs BEN 3.7 20 30.68 +0.52 .28
43.98 0.93 ChurchillCapIVWt CCIV.WT ... ... 10.94 –0.73 ... 26.60 16.13 CryoLife CRY ... dd 22.61 –0.15 ... 231.36 168.56 Ecolab ECL .9 dd 219.44 +2.59 .48 10.03 9.81 FastAcqnII FZT.UT ... ... 10.00 +0.02 ... 10.40 9.81 FreedomAcqnI FACT.UT ... ... 10.19 +0.22 ...
13.75 10.06 ChurchillCapCorp.V CCV.UT ... ... 10.53 +0.33 ... 39.91 23.24 CubeSmart CUBE 3.4 47 39.57 +0.80 .34 14.47 8.50 Ecopetrol EC .7 56 12.40 –0.43 .0932 49.62 17.71 FB Financial FBK 1.0 28 43.45 –1.27 .11 39.10 7.30 FreeportMcM FCX .9 85 34.04 +0.28 .075
13.88 9.70 ChurchillCapV A CCV ... ... 10.12 +0.22 ... 78.13 31.01 Cubic CUB .4 cc 74.83 +0.23 .135 41.72 24.33 EdgewellPersonal EPC 1.6 34 38.59 –0.16 .15 58.37 30.88 FBL Financial FFG 3.7 19 55.96 –0.08 .52 46.55 33.84 FreseniusMed FMS 1.3 17 37.60 +0.90 .7073
12.97 9.90 ChurchillCapVI CCVI.UT ... ... 10.40 +0.30 ... 119.77 55.54 Cullen/Frost CFR 2.6 22 110.35 +0.26 .72 66.68 48.47 EdisonInt EIX 4.4 30 59.71 +1.42 .6625 12.63 9.96 FG NewAmerica FGNA.UT ... ... 11.15 +0.07 ... 35.35 20.25 FreshDelMonte FDP 1.0 28 28.64 –0.16 .10
10.16 9.81 ChurchillVI A CCVI ... ... 10.05 ... ... 17.88 5.28 Culp CULP 2.9 dd 15.03 –0.64 .11 92.08 66.23 EdwardsLife EW ... 66 85.99 +2.15 ... 11.60 9.78 FGNewAmericaA FGNA ... ... 10.25 +0.08 ... 11.95 5.28 Frontline FRO 21.7 4 7.37 +0.02 .50
1.97 1.50 ChurchillVI Wt CCVI.WT ... ... 1.65 ... ... 277.09 140.93 Cummins CMI 2.1 22 259.38 +1.66 1.35 39.17 13.51 8x8 EGHT ... dd 32.52 –0.40 ... 3.00 0.53 FGNewAmericaWt FGNA.WT ... ... 1.79 +0.23 ... 62.29 6.80 fuboTV FUBO ... dd 23.31 +0.87 ...
11.50 9.74 ChurchillCapVII CVII.UT ... ... 10.15 +0.16 ... 125.31 81.72 CurtissWright CW .5 26 124.85 +4.92 .17 34.81 18.37 ElancoAnimal ELAN ... dd 29.75 +0.96 ... 123.66 80.79 FMC FMC 1.7 27 111.88 –0.04 .48 64.99 28.59 FullerHB FUL 1.0 24 64.06 +0.81 .1675
10.00 9.75 ChurchillVII A CVII ... ... 9.88 ... ... 17.78 8.51 Cushman&Wkfd CWK ... dd 16.80 +0.30 ... 52.49 34.80 ElancoAnimalUn ELAT 5.4 ... 46.23 +1.33 .625 13.83 5.86 FNB FNB 3.7 15 12.89 +0.15 .12 12.90 9.68 FusionAcqnA FUSE ... dd 10.15 +0.23 ...
1.90 1.35 ChurchillVII Wt CVII.WT ... ... 1.40 ... ... 10.00 1.81 CustomTruck CTOS ... dd 9.78 +0.43 ... 176.49 51.52 Elastic ESTC ... dd 123.62 +9.09 ... 21.15 11.92 FS KKR Cap FSK 11.5 dd 20.87 +0.67 .60 14.52 9.96 FusionAcqnUn FUSE.UT ... ... 10.94 +0.44 ...
61.52 38.03 Ciena CIEN ... 25 56.46 –0.14 ... 2.32 0.08 CustomTruckWt CTOS.WT ... ... 2.31 +0.30 ... 14.49 7.51 EldoradoGold EGO ... 19 11.34 +0.02 ... 146.52 94.87 FTI Consulting FCN ... 25 144.02 +1.85 ... 3.50 0.45 FusionAcqnWt FUSE.WT ... ... 1.38 +0.19 ...
248.84 158.84 Cigna CI 1.6 11 246.10 +4.27 1.00 33.01 8.36 CustomersBancorp CUBI ... 9 32.17 +0.15 ... 21.02 8.21 ElementSolns ESI 1.0 63 19.19 +0.38 .05 94.25 54.38 Fabrinet FN ... 27 89.43 –1.93 ... 10.19 9.78 FusionAcqnII FSNB.UT ... ... 10.00 +0.05 ...
69.35 17.70 CimarexEnergy XEC 1.8 dd 61.70 –2.72 .27 6.59 1.90 CypressEnvl CELP .0 dd 2.24 –0.10 .21 4.90 1.15 ElevateCredit ELVT ... 3 2.98 –0.02 ... 363.64 264.73 FactSet FDS 1.0 31 309.13 –7.88 .77 17.86 9.17 FutureFuel FF 1.7 13 13.82 –0.64 .06
15.46 14.46 CincinnatiBell CBB ... dd 15.41 +0.05 ... 17.83 8.18 EllingtonFin EFC 9.6 66 17.57 +1.26 .14 530.95 287.15 FairIsaac FICO ... 58 518.35 +17.40 ...
27.85
14.49
7.56
9.40
Cinemark
CinerRscs
CNK
CINR
...
.0
dd
22
22.63
13.15
+1.13
–0.05
...
.34 D 13.30
15.06
7.43
10.02
EllingtonResiMtg
EmbotellAndinaA
EARN
AKO.A
9.1
3.8 14
7 12.28
13.88
–0.05
+0.64
.28
.1646
22.60
11.65
8.90
9.97
FangHoldings
FarPeakAcqn
SFUN
FPAC.UT
...
...
dd
...
12.20
10.30
–0.30
+0.05
...
... G
43.20 9.31 CircorIntl CIR ... dd 34.33 –1.04 ... 17.36 11.29 EmbotellAndinaB AKO.B 3.7 15 15.68 –0.37 .1811 10.82 9.66 FarPeakAcqnA FPAC ... ... 9.94 +0.07 ...
76.13 38.76 Citigroup C 2.8 14 72.42 –0.72 .51 10.88 9.71 D&ZMedia DNZ.UT ... ... 10.06 +0.09 ... 11.60 3.96 Embraer ERJ ... dd 11.28 +1.48 ... 2.74 0.95 FarPeakAcqnWt FPAC.WT ... ... 1.14 +0.04 ... 21.33 10.49 GAMCO Investors GBL .4 8 18.16 –0.66 .02
47.56 17.15 CitizensFin CFG 3.4 20 45.37 +0.43 .39 9.91 9.67 D&ZMediaA DNZ ... ... 9.89 +0.19 ... 7.28 1.50 EmeraldHldg EEX ... dd 5.49 –0.22 ... 73.87 9.81 Farfetch FTCH ... dd 51.17 –1.73 ... 101.34 51.30 GATX GATX 2.1 22 93.99 –0.18 .50
7.06 4.96 Citizens CIA ... dd 5.96 +0.08 ... 0.85 0.52 D&ZMediaWt DNZ.WT ... ... .68 +0.05 ... 137.61 60.46 EmergentBiosol EBS ... 14 77.35 –3.11 ... 14.85 5.71 FarmlandPtrs FPI 1.7 dd 11.45 –0.04 .05 10.00 9.82 G&P Acqn GAPA.UT ... ... 10.00 +0.06 ...
11.53 6.12 CityOfficeREIT CIO 5.5 dd 10.87 –0.43 .15 26.97 5.35 DCP Midstream DCP 7.1 dd 21.93 –0.28 .39 93.38 46.34 EmersonElec EMR 2.2 27 91.94 +1.53 .505 136.50 20.52 Fastly FSLY ... dd 67.86 –2.45 ... 27.78 15.15 GCPAppliedTechs GCP ... 19 25.40 +0.69 ...
20.67 4.08 Civeo CVEO ... dd 16.42 +0.41 ... 11.51 9.87 D8 Holdings DEH.UT ... ... 10.60 +0.19 ... 12.11 5.19 EmpireStateRealty ESRT .0 dd 11.19 –0.18 .105 93.11 53.22 FedAgriMtg A AGM.A 4.1 10 85.49 –4.50 .88 15.45 5.64 GEO Group GEO .0 6 5.67 –2.02 .25
33.55 19.97 Clarivate CLVT ... dd 26.24 –1.01 ... 10.59 9.60 D8 A DEH ... ... 9.98 +0.07 ... 43.66 25.53 EmployersHldgs EIG 2.5 10 40.32 –1.73 .25 103.60 51.07 FedAgriMtg C AGM 3.5 12 100.26 –1.43 .88 36.70 14.31 GFLEnvironmental GFL .1 dd 36.35 +0.93 .011
11.15 9.81 ClassAccel CLAS.UT ... ... 10.10 ... ... 1.93 0.20 D8 Wt DEH.WT ... ... 1.17 +0.07 ... 11.15 9.80 Empower EMPW.UT ... ... 10.35 –0.05 ... 110.66 64.11 FederalRealty FRT 4.0 65 105.42 +1.47 1.06 85.22 41.89 GFL Env Un GFLU 3.5 ... 84.84 +1.92 .75
9.97 9.46 ClassAccelA CLAS ... ... 9.80 +0.08 ... 3.99 1.66 DHI Group DHX ... dd 2.95 –0.46 ... 10.64 9.75 EmpowerA EMPW ... ... 9.96 –0.01 ... 40.11 24.66 FederalSignal FSS .9 25 39.63 +0.84 .09 44.77 13.23 GMS GMS ... 62 42.30 +0.42 ...
1.29 0.56 ClassAccelWt CLAS.WT ... ... .67 +0.02 ... 8.68 4.52 DHT DHT 17.8 4 6.07 +0.02 .05 1.85 0.71 EmpowerWt EMPW.WT ... ... 1.23 –0.01 ... 31.86 18.83 FederatedHermes FHI 3.4 10 31.35 +0.24 .27 12.65 9.51 GoAcqnA GOAC ... ... 9.99 +0.06 ...
91.94 45.13 CleanHarbors CLH ... 36 88.28 +2.13 ... 13.12 9.90 DPCM Capital XPOA.UT ... ... 10.47 +0.12 ... 10.60 9.70 EmpowermentI EPWR.UT ... ... 10.04 +0.16 ... 305.66 103.40 FedEx FDX .9 19 286.58 +3.04 .65 11.40 9.91 GOAcquisitionUn GOAC.UT ... ... 10.33 +0.09 ...
2.28 0.66 ClearChannelOutdr CCO ... dd 2.11 +0.23 ... 11.96 9.65 DPCM Cap A XPOA ... ... 10.01 +0.06 ... 10.35 9.50 Empower&IncA EPWR ... ... 9.84 +0.15 ... 128.47 60.70 Ferguson FERG 2.2 22 127.22 +2.96 1.80 2.11 0.75 GoAcqnWt GOAC.WT ... ... 1.04 +0.10 ...
45.81 18.02 ClearwaterPaper CLW ... 8 35.40 –2.20 ... 3.51 1.20 DPCM Cap Wt XPOA.WT ... ... 1.30 +0.04 ... 1.25 0.42 EmpowerIWt EPWR.WT ... ... .57 +0.05 ... 233.66 147.08 Ferrari RACE .0 55 209.20 +1.16 1.2351 11.31 3.22 GOL Linhas GOL ... dd 8.28 +0.68 ...
34.47 17.19 ClearwayEnergyA CWEN.A 4.3 cc 27.06 –0.20 .324 18.05 7.30 DRDGOLD DRD 4.6 11 10.10 +0.34 .2072 4.84 2.81 EmpresaDisCom EDN ... dd 3.69 +0.15 ... 18.62 8.50 Ferro FOE ... 33 17.00 +0.01 ... 18.24 5.20 GP Strategies GPX ... 42 16.57 –0.98 ...
37.23 18.60 ClearwayEnergyC CWEN 4.1 cc 28.69 –0.17 .324 52.86 36.86 DTEEnergy DTP 6.2 ... 50.54 +0.55 .7813 7.42 2.75 EnableMidstream ENBL 9.6 90 6.90 +0.21 .1653 43.78 23.58 FidNatlFin FNF 3.3 9 43.66 +2.38 .36 5.79 1.23 GS Acqn II Wt GSAH.WT ... ... 2.78 +0.41 ...
20.87 3.30 Cleveland-Cliffs CLF ... dd 17.83 –1.59 ... 136.15 92.39 DTE Energy DTE 3.2 19 135.46 +2.43 1.085 37.31 26.97 Enbridge ENB 7.2 33 36.88 +0.05 .6197 156.73 117.05 FidNatlInfo FIS 1.0 cc 149.93 +5.88 .39 17.77 10.21 GS Acqn II GSAH.UT ... ... 11.38 +0.23 ...
27.36 9.95 ClimateChgI CLII.UT ... ... 15.67 +1.01 ... 32.04 13.21 DXC Tech DXC ... dd 31.44 +0.61 ... 88.42 58.99 EncompassHealth EHC 1.4 29 81.64 –0.93 .28 11.95 9.95 FigureAcqnI FACA.UT ... ... 10.20 +0.03 ... 16.66 9.85 GS Acqn II A GSAH ... dd 10.71 +0.17 ...
24.34 9.75 ClimateChgCrisisA CLII ... ... 13.73 +0.08 ... 27.47 7.88 Dana DAN 1.5 dd 25.83 +1.26 .10 91.00 36.33 Endava DAVA ... cc 83.25 –1.09 ... 10.95 9.25 FinanceofAm FOA ... dd 9.95 +0.47 ... 149.05 25.71 GSXTechedu GSX ... dd 27.16 –5.02 ...
8.27 0.75 ClimateChgCrisWt CLII.WT ... ... 3.71 +0.26 ... 248.86 143.01 Danaher DHR .4 48 232.36 +7.28 .21 6.91 1.35 EndeavourSilver EXK ... dd 5.47 +0.27 ... 2.31 0.42 FinanceofAmWt FOA.WT ... ... 1.29 –0.01 ... 11.32 9.71 G Squared I GSQD.UT ... ... 10.12 +0.07 ...
12.38 9.85 ClimateRealI CLIM.UT ... ... 10.35 +0.25 ... 57.64 3.33 Danaos DAC ... 9 56.20 +5.23 ... 8.94 6.22 EnelAmericas ENIA 5.3 16 8.68 +0.21 .043 10.15 9.76 FinTechEvol FTEV.UT ... ... 10.05 +0.10 ... 10.02 9.07 GSquaredI A GSQD ... ... 9.89 +0.04 ...
10.20 9.55 ClimateReal II A CLIM ... ... 10.06 +0.26 ... 66.30 9.60 DanimerScientific DNMR ... dd 34.36 –3.16 ... 4.50 3.18 EnelChile ENIC 5.3 dd 3.97 +0.06 .2164 10.61 1.43 FinVolution FINV 2.2 7 6.92 –0.01 .17 1.24 0.82 GSquaredI Wt GSQD.WT ... ... 1.05 +0.15 ...
2.49 1.01 ClimateReal II Wt CLIM.WT ... ... 1.39 +0.22 ... 47.00 0.37 DanimerSciWt DNMR.WT ... ... 22.85 –2.74 ... 53.19 32.70 Energizer ENR 2.5 dd 48.88 +0.51 .30 59.92 39.03 FirstAmerFin FAF 3.1 10 59.90 +2.46 .46 12.59 1.51 GTT Comm GTT ... dd 1.77 –0.10 ...
9.16 4.43 ClipperRealty CLPR 4.3 dd 8.87 +0.84 .095 130.33 8.86 DaqoNewEnergy DQ ... 40 69.29 –5.90 ... 9.55 4.98 EnergyTransfer ET 7.6 dd 8.04 +0.19 .1525 12.59 4.30 FirstBanCorp FBP 2.4 25 11.55 +0.12 .07 0.32 0.09 GabelliUtilityRt GUT.RT ... ... .17 +0.03 ...
59.00 10.60 CloopenGroup RAAS ... ... 12.11 –0.79 ... 149.73 56.51 Darden DRI 1.4 dd 143.10 –1.18 .88 28.05 13.35 EnerpacTool EPAC .2 cc 26.39 +0.08 .04 15.56 6.77 FirstCmwlthFin FCF 3.0 19 14.46 –0.04 .11 10.55 9.47 GalileoAcqn GLEO ... ... 10.05 +0.05 ...
239.87 176.73 Clorox CLX 2.3 20 190.13 –2.70 1.11 79.65 18.36 DarlingIngred DAR ... 42 74.07 +0.67 ... 5.82 1.66 Enerplus ERF 1.7 dd 5.47 +0.20 .008 9.90 6.30 First HS Educ FHS ... ... 7.35 +0.43 ... 1.32 0.15 GalileoAcqnWt GLEO.WT ... ... .58 +0.04 ...
19.35 7.19 Cloudera CLDR ... dd 12.65 +0.10 ... 33.46 22.30 Datto MSP ... ... 24.04 +0.40 ... 104.47 46.53 EnerSys ENS .7 38 93.94 +0.18 .175 18.42 6.93 FirstHorizon FHN 3.5 11 17.34 +0.12 .15 133.66 73.66 Gallagher AJG 1.4 32 132.55 +5.94 .48
95.77 21.31 Cloudflare NET ... dd 70.88 –0.91 ... 125.28 71.70 DaVita DVA ... 17 109.00 +3.56 ... 31.64 10.70 Eneti NETI 1.0 dd 20.44 –1.43 .05 47.59 31.65 FirstIndRlty FR 2.3 31 46.93 –0.28 .27 483.00 3.77 GameStop GME ... dd 158.36 –33.09 ...
5.03 2.90 CN Finance CNF ... 18 3.86 +0.11 ... 347.30 128.92 DeckersOutdoor DECK ... 27 342.40 +11.88 ... 5.14 1.04 EnLinkMid ENLC .0 dd 4.31 –0.15 .0938 24.01 6.66 FirstMajestic AG ... cc 17.34 +0.91 ... 6.33 0.71 Gannett GCI ... dd 5.19 –0.14 ...
54.93 43.20 Coca-Cola KO 3.2 30 53.18 +0.67 .42 392.42 117.85 Deere DE 1.0 34 377.00 +4.88 .90 22.24 15.18 Ennis EBF 4.3 20 20.74 –0.69 .225 180.35 92.13 FirstRepBank FRC .5 30 171.80 +3.86 .20 32.95 6.54 Gap GPS ... dd 32.44 +2.49 ...
54.55 34.02 Coca-Cola Euro CCEP 3.7 42 53.86 +2.76 1.00 43.15 8.66 DelekLogistics DKL 9.6 9 37.73 +0.76 .91 41.06 9.43 EnovaIntl ENVA ... 3 34.42 –1.67 ... 46.36 22.85 FirstEnergy FE 4.5 19 34.77 +0.46 .39 191.66 97.56 Gartner IT ... 64 188.19 +0.92 ...
49.16 36.16 Coca-Cola Femsa KOF 4.4 cc 48.15 +1.55 1.1303 27.38 8.92 DelekUS DK .0 dd 21.72 –1.65 .31 95.17 36.93 EnPro NPO 1.2 dd 87.00 +1.54 .27 14.00 10.00 FirstMarkHorizon FMAC.UT ... ... 10.41 –0.10 ... 6.50 2.23 GasLog GLOG 3.4 dd 5.80 +0.02 .05
12.60 3.42 CoeurMining CDE ... 91 9.51 +0.13 ... 94.01 37.20 DellTechC DELL ... 22 93.88 +4.80 ... 113.36 85.78 Entergy ETR 3.8 15 101.14 +1.50 .95 14.44 9.76 FirstMarkHorizonA FMAC ... ... 10.11 +0.15 ... 7.42 2.10 GasLogPartners GLOP 9.6 5 2.80 +0.05 .01
78.82 45.24 Cohen&Steers CNS 2.7 42 66.50 –0.68 .45 52.28 17.51 DeltaAir DAL ... dd 49.27 +0.44 ... 23.71 14.90 EnterpriseProd EPD 7.9 13 22.88 +0.61 .45 4.50 1.12 FirstMarkHorizonWt FMAC.WT ... ... 1.77 +0.09 ... 18.22 6.41 GatesIndustrial GTES ... 62 16.91 +0.56 ...
12.39 9.90 CohnRobbins CRHC.UT ... ... 10.52 +0.24 ... 43.94 18.90 Deluxe DLX 2.8 cc 42.30 –0.04 .30 4.42 1.10 Entravision EVC 2.6 dd 3.85 –0.21 .025 31.96 8.70 Fisker FSR ... dd 15.40 –1.50 ... 24.00 5.78 GatosSilver GATO ... ... 10.23 –0.26 ...
11.46 9.65 CohnRobbinsA CRHC ... ... 10.08 +0.19 ... 11.40 9.91 DelwindsIns DWIN.UT ... ... 10.08 +0.04 ... 92.51 52.08 Envestnet ENV ... dd 74.70 +0.38 ... 20.35 0.27 FiskerWt FSR.WT ... ... 7.60 –0.76 ... 12.56 4.30 GencoShipping GNK .7 dd 10.86 +0.63 .02
2.90 0.81 CohnRobbinsWt CRHC.WT ... ... 1.40 +0.12 ... 10.29 9.65 DelwindsInsA DWIN ... ... 9.84 +0.06 ... 45.00 14.73 Envista NVST ... cc 42.28 +1.45 ... 35.00 2.51 500.com WBAI ... dd 18.64 –4.11 ... 364.00 90.30 Generac GNRC ... 60 330.41 +6.61 ...
50.26 20.03 Colfax CFX ... cc 43.41 –0.95 ... 1.40 0.48 DelwindsInsWt DWIN.WT ... ... .60 +0.05 ... 53.96 28.62 EnvivaPartners EVA 6.3 dd 47.89 –0.41 .78 8.56 4.00 FivePoint FPH ... dd 7.53 –0.07 ... 186.00 121.67 GeneralDynamics GD 2.6 17 183.00 +2.17 1.19
205.31 92.85 ColfaxUn CFXA 3.3 ... 176.72 –5.26 1.4375 51.71 15.43 Denbury DEN ... dd 46.22 –4.65 ... 4.85 1.80 EnzoBiochem ENZ ... dd 3.46 –0.10 ... 336.00 28.77 FiverrIntl FVRR ... dd 226.65 +1.57 ... 14.42 5.48 GeneralElec GE .3 23 13.60 +0.32 .01
86.41 65.54 ColgatePalm CL 2.3 25 79.78 +1.23 .45 18.45 4.17 DesignerBrands DBI ... dd 17.45 +0.47 ... 196.47 118.58 Equifax EFX .8 45 185.81 +3.20 .39 51.58 18.67 Flagstar FBC .5 5 44.83 –0.73 .06 66.14 53.96 GeneralMills GIS 3.4 15 60.13 –0.79 .51
10.15 9.76 ColonnadeAcqnII CLAA.UT ... ... 9.96 +0.01 ... 34.94 9.85 DesktopMetal DM ... dd 14.12 –1.24 ... 20.81 11.78 Equinor EQNR 2.3 dd 18.93 –0.76 .11 10.18 9.80 FlameAcqn FLME.UT ... ... 10.00 +0.05 ... 63.44 20.12 GeneralMotors GM ... 14 60.16 +2.36 ...
7.00 1.42 ColonyCapital CLNY ... dd 6.72 ... ... 17.66 4.66 Despegar.com DESP ... dd 13.88 –0.37 ... 33.70 14.08 Equitable EQH 2.0 dd 33.25 +0.24 .17 292.70 203.18 FleetCorTech FLT ... 35 286.42 +6.92 ... 52.37 13.85 Genesco GCO ... dd 48.67 +1.56 ...
9.54 3.40 ColonyCredRlEst CLNC 4.8 dd 8.34 –0.26 .10 13.37 5.83 DeutscheBank DB ... 46 12.32 +0.20 ... 11.66 5.43 EquitransMdstm ETRN 7.8 8 7.68 –0.80 .15 10.65 4.28 FlexLNG FLNG 13.1 62 9.15 +0.10 .30 12.08 3.78 GenesisEnergy GEL 6.4 dd 9.33 –0.07 .15
17.89 10.11 ColumbiaProperty CXP 4.7 dd 17.70 +0.19 .21 26.13 7.73 DevonEnergy DVN 2.0 dd 22.04 –1.46 .19 35.08 25.80 EquityCommnwlth EQC .0 8 28.20 –0.10 3.50 110.00 32.79 Floor&Decor FND ... 59 108.69 +9.80 ... 11.75 9.76 GenesisParkA GNPK ... ... 10.57 +0.12 ...
73.73 25.80 Comerica CMA 3.8 22 71.49 –0.25 .68 175.58 127.12 Diageo DEO 2.0 69 175.53 +8.09 2.1926 12.12 10.00 EquityDistribution EQD.UT ... ... 10.22 +0.03 ... 3.09 0.66 FlotekIndustries FTK ... dd 1.56 –0.19 ... 13.15 9.98 GenesisParkAcqnUn GNPK.UT ... ... 12.00 +0.44 ...
79.43 27.54 ComfortSystems FIX .6 19 79.29 +3.24 .115 15.50 5.31 DiamondSShip DSSI ... 19 10.90 +0.63 ... 11.06 9.32 EquityDistrA EQD ... ... 9.95 +0.04 ... 25.18 21.19 FlowersFoods FLO 3.4 33 23.88 –0.06 .20 3.40 0.95 GenesisParkWt GNPK.WT ... ... 2.52 +0.28 ...
32.43 13.72 CommercialMetals CMC 1.6 14 29.63 –1.17 .12 11.49 3.88 DiamndrckHspty DRH ... dd 10.11 –0.39 ... 2.35 0.83 EquityDistrWt EQD.WT ... ... 1.12 +0.09 ... 42.24 21.05 Flowserve FLS 2.0 45 39.74 +0.28 .20 9.60 6.27 GenieEnergy GNE 5.4 15 6.34 –0.25 .085
82.53 49.60 CommBkSys CBU 2.1 25 78.36 +1.06 .42 3.78 1.25 DianaShipping DSX ... dd 3.12 +0.05 ... 68.52 53.52 EquityLife ELS 2.2 43 65.10 +0.06 .3625 24.79 6.93 Fluor FLR ... dd 22.74 –0.25 ... 44.83 28.81 Genpact G 1.0 28 44.44 +1.24 .1075
14.39 2.46 CommunityHlthSys CYH ... 3 11.92 –1.71 ... 84.05 22.80 Dick's DKS 1.8 15 82.16 +2.89 .3625 76.13 45.43 EquityResdntl EQR 3.4 31 71.69 –0.82 .6025 17.02 4.63 FlyLeasing FLY ... dd 16.79 –0.08 ... 118.84 67.12 GenuineParts GPC 2.8 94 116.89 +0.27 .815
51.35 30.17 CommunityHlthcr CHCT 3.5 61 48.99 +0.96 .4275 17.30 3.31 DieboldNixdorf DBD ... dd 13.72 –0.47 ... 2.32 0.88 EquusTotReturn EQS ... dd 1.92 –0.02 ... 15.72 10.13 FoleyTrasimene WPF.UT ... ... 10.60 –0.30 ... 4.76 1.87 GenworthFin GNW ... 11 3.55 +0.14 ...
12.32 6.05 SABESP SBS .8 33 7.61 +0.38 .0714 15.27 6.32 DigitalMedia DMS ... dd 12.28 –0.45 ... 4.36 1.40 ErosSTX ESGC ... ... 1.67 –0.10 ... 14.51 9.74 FoleyTrasimeneA WPF ... ... 10.01 –0.13 ... 18.50 6.32 GeoPark GPRK .5 dd 15.79 –0.96 .0205
8.80 1.20 EngGr-Cmg C CIG.C 3.1 8 2.85 +0.05 .0451 3.73 0.53 DigitalMediaWt DMS.WT ... ... 1.54 –0.10 ... 49.91 22.14 EssentGroup ESNT 1.3 13 49.90 +3.27 .16 4.33 1.20 FoleyTrasimeneWt WPF.WT ... ... 1.68 –0.08 ... 5.56 1.84 Gerdau GGB .4 21 5.48 +0.37 .0239
2.98 1.18 EngGr-Cmg CIG 4.0 6 2.16 –0.01 .0451 165.49 124.65 DigitalRealty DLR 3.3 cc 141.26 –1.99 1.16 25.22 9.78 EssentialProp EPRT 4.0 54 24.30 +0.72 .24 81.34 52.91 FomentoEconMex FMX 1.7 dd 80.79 +3.92 .7333 31.90 21.18 GettyRealty GTY 5.2 19 29.75 +0.93 .39
1.47 0.89 COPEL ELP ... 4 1.11 –0.01 ... 45.49 36.65 DigitalOcean DOCN ... ... 40.21 –3.59 ... 48.89 37.37 EssentialUtil WTRG 2.2 41 45.45 +0.73 .2507 59.35 21.02 FootLocker FL 1.4 19 58.35 +1.60 .20 17.36 9.79 GigCapital3 GIK ... ... 10.13 –0.59 ...
7.61 1.13 CiaSiderurgica SID ... 16 7.58 +1.14 ... 128.00 21.50 Dillard's DDS .6 dd 100.17 +7.67 .15 63.22 51.21 EssentialUtilUn WTRU 5.2 ... 57.93 +0.56 .75 13.62 4.52 FordMotor F ... dd 12.51 +0.34 ... 21.00 9.80 GigCapital3Un GIK.UT ... ... 11.89 –0.17 ...
M14 BARRON’S April 12, 2021

New York Stock Exchange Composite List

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
5.00 0.38 GigCapital3Wt GIK.WT ... ... 2.31 –0.06 ... 3.00 0.75 HorizonAcqnWt HZAC.WT ... ... 1.26 –0.03 ... 79.40 31.79 KE Holdings BEKE ... cc 55.95 –4.93 ... 14.32 5.29 MGIC Investment MTG 1.7 11 14.32 +0.57 .06 4922.69 2660.00 NVR NVR ... 21 4902.13 +116.95 ...
12.12 9.95 GigCapital2 GIX ... dd 10.06 +0.03 ... 13.19 9.98 HorizonAcqnII HZON.UT ... ... 11.00 –0.14 ... 10.22 9.90 KKR Acqn I KAHC.UT ... ... 10.15 +0.09 ... 35.07 21.00 MGMGrowthProp MGP 5.8 62 34.36 +0.72 .495 133.61 9.79 NaborsIndustries NBR ... dd 88.59 –10.20 ...
0.60 0.17 GigCapital2Rt GIX.RT ... ... .39 +0.02 ... 12.16 9.91 HorizonII A HZON ... ... 10.31 –0.12 ... 51.85 21.47 KKR KKR 1.1 16 51.33 +0.98 .135 42.74 11.77 MGM Resorts MGM .0 dd 41.77 +2.07 .0025 14.30 3.76 NamTaiProperty NTP ... 59 11.63 –0.50 ...
15.00 10.01 GigCapital2Un GIX.UT ... ... 10.77 +0.59 ... 3.27 1.10 HorizonII Wt HZON.WT ... ... 2.20 –0.01 ... 19.44 13.20 KKR RealEstFin KREF 9.1 19 19.00 +0.30 .43 63.45 16.46 MI Homes MHO ... 7 61.02 –0.12 ... 43.21 21.12 NatlBankHoldings NBHC 2.1 14 40.03 –0.13 .21
2.47 0.20 GigCapital2Wt GIX.WT ... ... .93 +0.14 ... 11.78 1.32 HorizonGlobal HZN ... dd 10.05 –0.23 ... 12.54 8.39 KT KT 3.0 11 12.29 –0.19 .4986 35.21 17.98 MinisoGroup MNSO ... dd 24.69 +0.62 ... 51.13 37.75 NationalFuelGas NFG 3.6 dd 49.79 –0.25 .445
33.39 11.96 Gildan GIL ... dd 33.21 +1.92 ... 52.97 43.45 HormelFoods HRL 2.1 29 46.35 –1.25 .245 189.40 71.21 Kadant KAI .5 39 184.38 –2.56 .25 6.85 0.96 MOGU MOGU ... dd 1.97 –0.03 ... 63.78 53.09 NationalGrid NGG 5.1 23 61.54 +1.90 1.1285
19.48 11.68 Glatfelter GLT 3.2 35 16.83 –0.43 .135 94.20 37.01 DR Horton DHI .9 13 93.93 +2.88 .20 8.50 0.44 KaleyraWt KLR.WT ... ... 4.35 –0.20 ... 26.73 11.99 MPLX MPLX 10.6 dd 26.06 –0.06 .6875 78.56 44.27 NatlHealthInv NHI 5.9 18 74.29 –0.56 1.1025
99.00 31.42 Glaukos GKOS ... dd 83.13 +1.16 ... 73.26 52.84 HoulihanLokey HLI 2.0 16 65.87 –2.76 .33 59.80 29.48 Kaman KAMN 1.5 dd 53.17 +1.46 .20 51.77 9.78 MP Materials MP ... cc 36.39 +1.24 ... 117.87 77.46 NatlPrestoInds NPK .9 16 105.69 +3.05 5.25
43.18 33.26 GSK GSK 5.5 13 36.65 +0.83 .6367 119.45 8.51 Hovnanian HOV ... 10 113.01 –3.75 ... 269.49 122.35 KSCitySouthern KSU .8 40 262.20 –4.78 .54 39.09 1.17 MP Matls Wt MP.WT ... ... 24.64 +1.34 ... 46.44 25.87 NatlRetailProp NNN 4.6 37 45.24 +0.04 .52
15.93 6.67 GlobalBlue GB ... dd 12.02 –0.69 ... 103.00 41.64 HowardHughes HHC ... dd 99.94 +2.61 ... 72.88 56.61 Kellogg K 3.6 17 62.66 –0.68 .57 10.00 3.50 MRC Global MRC ... dd 9.23 –0.41 ... 41.73 23.91 NatlStorage NSA 3.4 80 41.39 +1.02 .35
2.55 0.20 GlobalBlueWt GB.WT ... ... 1.79 +0.54 ... 32.96 9.87 HowmetAerospace HWM ... 55 32.23 +0.41 ... 85.70 54.41 Kemper KMPR 1.5 13 80.77 –0.37 .31 172.84 94.96 MSA Safety MSA 1.1 50 152.50 +0.99 .43 20.68 10.40 Natura&Co NTCO .0 dd 17.92 +1.46 .067
4.98 2.54 GlobalCordBlood CO ... 8 4.70 +0.12 ... 19.64 12.79 HuanengPower HNP 4.9 9 13.80 –0.38 .7752 43.04 20.40 Kennametal KMT 1.9 dd 41.84 +1.21 .20 455.81 299.09 MSCI MSCI .7 63 448.50 +19.95 .78 12.23 4.17 NaturalGasSvcs NGS ... 68 9.05 –0.40 ...
14.84 8.56 GlobalMedREIT GMRE 6.0 dd 13.69 +0.19 .205 196.05 105.34 Hubbell HUBB 2.1 29 187.44 –2.95 .98 21.13 12.06 KennedyWilson KW 4.2 32 20.74 +0.24 .22 93.92 56.16 MSC Industrial MSM 3.3 27 89.98 –1.31 .75 18.75 8.43 NaturalGrocers NGVC 1.6 18 17.06 –0.52 .07
19.34 11.85 GlobalNetLease GNL 8.7 dd 18.45 –0.14 .40 547.47 133.23 HubSpot HUBS ... dd 516.56 +30.71 ... 32.07 15.02 KenonHoldings KEN ... 5 31.61 +0.36 ... 20.90 8.57 MSG Networks MSGN ... 5 16.26 +0.88 ... 19.52 9.56 NaturalResPtrs NRP 11.2 dd 16.02 –0.19 .45
23.86 9.00 GlobalPtnrs GLP 8.7 8 21.75 +0.17 .55 8.39 1.86 HudbayMinerals HBM .2 dd 7.88 +0.60 .0077 28.85 10.02 KensingtonCapII KCAC.UT ... ... 10.74 +0.34 ... 10.64 9.75 M3-BrigadeII MBAC.UT ... ... 9.97 +0.02 ... 17.00 0.47 Natuzzi NTZ ... dd 16.40 +4.27 ...
216.49 137.99 GlobalPayments GPN .4 cc 213.30 +5.33 .195 30.97 18.62 HudsonPacProp HPP 3.6 cc 28.06 +0.19 .25 21.81 9.05 KeyCorp KEY 3.6 16 20.61 +0.34 .185 5.48 2.25 MV Oil MVO 7.6 11 5.44 +1.01 .21 5.52 2.34 NatWest NWG ... dd 5.37 –0.06 ...
17.85 3.63 GlobalShipLease GSL ... 6 13.29 –1.47 ... 474.70 337.54 Humana HUM .7 17 417.74 +4.92 .70 155.50 90.62 KeysightTechs KEYS ... 43 146.23 +2.44 ... 36.25 24.94 Mytheresa MYTE ... ... 26.50 –0.69 ... 31.38 3.78 Nautilus NLS ... 9 16.58 +0.28 ...
244.72 89.02 Globant GLOB ... cc 221.02 +10.95 ... 209.96 136.44 HuntingIngalls HII2.2 12 206.87 +2.64 1.14 70.54 45.28 KilroyRealty KRC 3.0 41 66.78 –0.50 .50 25.99 5.43 Macerich MAC 4.9 cc 12.17 +0.20 .15 11.71 4.75 NavigatorHldgs NVGS ... dd 9.10 –0.05 ...
102.25 62.75 GlobeLife GL .8 15 99.41 +0.72 .1975 29.79 13.86 Huntsman HUN 2.3 cc 28.06 –1.41 .1625 11.05 5.20 KimbellRoyalty KRP 6.8 dd 10.00 –0.20 .19 18.83 10.35 Mack-Cali CLI .0 dd 15.87 +0.14 .20 7.50 3.00 NaviosMaritime NNA 5.2 1 3.85 –0.15 .05
68.24 42.85 GlobusMedical GMED ... 67 67.00 +5.15 ... 92.22 41.87 HyattHotels H ... dd 84.18 +0.55 ... 160.16 128.02 KimberlyClark KMB 3.3 20 136.69 –0.29 1.14 41.00 22.61 MacquarieInfr MIC .0 dd 31.90 –0.28 11.00 15.42 1.45 NaviosMaritime NM ... dd 10.52 +1.46 ...
93.75 60.47 GoDaddy GDDY ... dd 85.49 +5.28 ... 58.66 9.89 Hyliion HYLN ... dd 10.72 –0.27 ... 19.81 8.03 KimcoRealty KIM 3.5 9 19.40 +0.20 .17 22.30 4.65 Macy's M ... dd 16.73 +1.01 ... 29.89 5.51 NaviosMaritime NMM .8 dd 26.34 +2.82 .05
14.90 5.76 GoldFields GFI 2.5 12 9.88 –0.26 .2182 102.17 30.25 HysterYaleMatls HY 1.5 39 87.07 –0.25 .3175 17.97 11.45 KinderMorgan KMI 6.4 cc 16.53 –0.31 .2625 121.42 58.67 MSG Entertainment MSGE ... dd 90.99 +5.32 ... 45.25 17.82 NavistarIntl NAV ... dd 44.18 ... ...
10.68 9.60 GoldenFalconA GFX ... ... 9.86 +0.17 ... 5.50 1.26 KingswayFin KFS ... dd 4.48 –0.12 ... 207.09 140.15 MSG Sports MSGS ... dd 183.93 +0.90 ... 12.99 9.92 NavSight NSH.UT ... ... 10.70 –0.50 ...
11.40
2.45
9.90
0.66
GoldenFalconAcqnUn
GoldenFalconWt
GFX.UT
GFX.WT
...
...
...
...
10.20
.82
+0.11
+0.03
...
... I 11.17
10.35
9.99
9.77
KingswoodAcqn
KingswoodA
KWAC.UT
KWAC
...
...
...
...
10.45
10.05
+0.07
+0.07
...
...
49.91
95.38
32.61
33.31
MagellanMid
MagnaIntl
MMP
MGA
9.2
1.9
12
36
44.69
89.50
+0.50
–0.07
1.0275
.43
12.05
2.65
9.50
0.63
NavSightA
NavSightWt
NSH
NSH.WT
...
...
...
...
9.99
1.54
–0.02
...
...
...
20.56 12.51 GoldmanSachsBDC GSBD 8.8 11 20.52 +0.80 .05 1.29 0.48 KingswoodWt KWAC.WT ... ... .58 +0.03 ... 26.98 9.47 Magnachip MX ... 26 25.83 +0.79 ... 61.49 36.05 Neenah NP 3.5 dd 53.30 +1.28 .47
356.85 165.36 GoldmanSachs GS 1.5 13 330.81 +3.17 1.25 66.85 30.54 IAA IAA ... 40 58.00 +1.74 ... 10.32 5.42 KinrossGold KGC 1.6 7 7.41 +0.39 .03 13.35 3.59 MagnoliaOil MGY ... dd 11.65 –0.54 ... 78.36 40.77 Nelnet NNI 1.2 8 75.69 +2.17 .22
36.75 25.00 Gorman-Rupp GRC 1.8 35 33.64 +0.11 .155 18.47 7.66 ICICI Bank IBN ... 26 15.37 –0.84 ... 70.00 35.10 Kirby KEX ... dd 62.11 +1.88 ... 10.05 9.73 MagnumOpus OPA.UT ... ... 10.01 +0.06 ... 14.14 5.75 NeoPhotonics NPTN ... dd 12.00 –0.75 ...
64.93 35.28 GraceWR GRA 2.1 dd 62.70 +1.51 .33 6.41 2.92 ICL Group ICL 1.6 cc 6.39 +0.53 .0265 57.69 31.72 KirklandLakeGold KL 2.0 13 36.87 +1.46 .1875 41.59 21.50 MainStreetCap MAIN 5.9 cc 41.47 +1.62 .205 21.09 16.63 Netstreit NTST 3.9 cc 20.39 +1.99 .20
76.98 41.79 Graco GGG 1.0 38 73.40 +0.50 .1875 102.96 78.91 IDACORP IDA 2.9 21 99.43 –0.83 .71 21.46 7.21 KiteRealty KRG 2.3 dd 19.64 –0.15 .17 20.22 13.28 ManchesterUnited MANU 1.1 dd 16.52 +0.28 .09 188.14 101.90 Nevro NVRO ... dd 147.08 +5.16 ...
13.10 5.56 GrafTechIntl EAF .3 7 11.66 –0.85 .01 23.50 5.01 IDT IDT ... 14 22.49 –0.38 ... 50.52 33.72 Knight-Swift KNX .6 21 50.08 +1.32 .08 23.85 7.24 Manitowoc MTW ... dd 20.64 +0.03 ... 11.60 7.30 NewFrontierHlth NFH ... dd 11.16 –0.04 ...
17.44 10.36 Graham GHM 3.1 56 14.29 –0.09 .11 101.72 62.20 IHS Markit INFO .8 76 101.65 +2.15 .20 18.79 8.67 Knoll KNL 1.4 cc 16.87 +0.31 .06 8.04 1.55 Manning&Napier MN ... 16 6.43 –0.03 ... 2.95 0.90 NewFrontierWt NFH.WT ... ... 2.90 –0.03 ...
634.00 296.39 GrahamHoldings GHC 1.0 10 619.19 +44.98 1.51 12.76 4.88 ING Groep ING 1.0 ... 12.38 +0.06 .1236 18.93 11.30 KnotOffshore KNOP 11.5 9 18.16 +0.01 .52 104.81 56.66 Manpower MAN 2.2 cc 104.37 +3.08 1.17 6.20 1.51 NewHome NWHM ... dd 5.99 +0.36 ...
427.90 256.19 Grainger GWW 1.5 31 401.62 –4.73 1.53 26.38 6.38 Invesco IVZ 2.4 23 26.32 +0.57 .155 21.94 12.64 Knowles KN ... cc 21.27 –0.17 ... 22.25 10.86 ManulifeFin MFC 4.2 10 21.57 –0.17 .214 42.57 25.87 NewJerseyRscs NJR 3.3 21 40.81 +0.88 .3325
41.15 12.58 GraniteConstr GVA 1.3 dd 39.32 –0.64 .13 18.25 10.20 IonAcqn1 IACA.UT ... ... 10.45 –0.37 ... 64.16 15.04 Kohl's KSS 1.6 dd 62.76 +4.45 .25 13.29 3.73 MarathonOil MRO 1.1 dd 10.91 –0.88 .03 19.97 10.71 NewOrientalEduc EDU ... 65 14.71 +0.21 ...
12.74 3.71 GranitePointMtg GPMT 6.9 dd 12.50 +0.33 .25 17.20 9.92 IonAcqn1 A IACA ... ... 10.16 –0.14 ... 60.66 39.40 KoninklijkePhil PHG 1.7 40 60.60 +2.40 1.0331 59.93 21.90 MarathonPetrol MPC 4.4 dd 52.83 –2.97 .58 81.10 46.66 NewRelic NEWR ... dd 65.32 +2.42 ...
63.00 41.96 GraniteREIT GRP.UT 3.9 11 62.29 +1.26 .1982 6.20 1.05 IonAcqn1Wt IACA.WT ... ... 2.34 +0.01 ... 57.10 13.53 KontoorBrands KTB 2.8 49 56.95 +8.21 .40 40.89 23.16 Marcus&Millichap MMI ... 33 35.14 +0.93 ... 11.48 4.54 NewResidInvt NRZ 7.3 dd 11.00 –0.21 .20
18.88 12.12 GraphicPkg GPK 1.7 30 18.15 –0.20 .075 11.59 9.72 ION Acqn 2 IACB.UT ... ... 10.39 +0.23 ... 39.15 10.36 Koppers KOP ... 8 34.20 –0.43 ... 24.71 6.84 Marcus MCS ... dd 21.80 +1.55 ... 6.75 2.16 NewSeniorInvt SNR 3.9 dd 6.75 +0.29 .065
21.22 9.44 GrayTelevision GTN 1.6 5 19.63 +0.71 .08 10.22 10.00 IonAcqn2 A IACB ... ... 10.20 ... ... 12.98 7.77 KoreaElcPwr KEP ... 8 10.63 +0.23 ... 22.61 7.59 MarineProducts MPX 2.4 29 16.45 +0.21 .10 30.00 7.60 NewYorkCityReit NYC 4.8 dd 8.41 –0.09 .10
20.15 10.15 GrayTelevision A GTN.A 1.7 5 18.37 +0.42 .08 1.89 1.05 IonAcqn2 Wt IACB.WT ... ... 1.75 ... ... 66.30 24.26 KornFerry KFY .6 77 65.98 +2.77 .10 63.99 10.16 MarineMax HZO ... 12 49.22 –0.67 ... 13.23 7.72 NY CmntyBcp NYCB 5.4 12 12.50 –0.20 .17
13.00 6.67 GreatAjax AJX 6.0 14 11.41 –0.02 .17 5.35 1.20 IONGeophysical IO ... dd 2.56 +0.26 ... 3.69 0.80 KosmosEnergy KOS ... dd 2.78 –0.47 ... 1186.41 761.06 Markel MKL ... 21 1174.92 +17.97 ... 58.73 28.50 NYTimes A NYT .6 81 48.37 –2.12 .07
34.75 10.86 GreatWesternBncp GWB .1 dd 31.87 +1.18 .01 207.79 121.22 IQVIA IQV ... cc 207.66 +9.60 ... 45.89 8.16 Kraton KRA ... dd 36.84 –0.47 ... 190.97 62.27 MarriottVacations VAC ... dd 170.32 –3.91 ... 458.51 332.45 NewMarket NEU 2.0 16 386.24 +3.23 1.90
64.97 24.63 GreenDot GDOT ... cc 46.81 –0.18 ... 5.29 2.54 IRSA IRS ... dd 3.96 +0.04 ... 42.99 30.35 Kroger KR 1.9 11 37.78 +1.83 .18 126.33 91.80 Marsh&McLen MMC 1.5 32 126.18 +3.03 .465 72.22 52.33 Newmont NEM 3.6 18 61.51 –0.30 .55
50.21 15.05 Greenbrier GBX 2.4 cc 45.86 –2.28 .27 93.19 44.21 ITT ITT 1.0 cc 91.35 +0.52 .22 16.34 7.92 KronosWorldwide KRO 4.6 28 15.74 +0.30 .18 353.56 151.94 MartinMarietta MLM .7 30 346.04 +12.16 .57 4.08 0.70 NewparkResources NR ... dd 3.15 –0.20 ...
18.76 7.82 Greenhill GHL 1.2 16 16.54 –0.30 .05 5.35 2.68 IamGold IAG ... 42 3.28 +0.14 ... 15.06 5.57 KukeMusic KUKE ... dd 6.93 –0.10 ... 63.04 37.72 Masco MAS .9 26 62.98 +1.99 .14 12.58 3.15 NexaResources NEXA 2.5 dd 10.48 +0.03 .2643
15.17 10.41 GreenTree GHG ... 37 12.95 –0.25 ... 10.20 9.80 IberePharm IBER.UT ... ... 10.20 +0.30 ... 10.50 9.77 MasonIndlTech MIT.UT ... ... 9.98 +0.03 ... 20.47 9.86 NexPointRealEst NREF 9.3 11 20.33 +0.94 .475
218.58 141.86 IDEX IEX .9 44 217.42 +5.17 .50
61.46
62.68
26.50
34.13
Greif A
Greif B
GEF
GEF.B
3.0
4.5
35
23
58.32
58.32
+0.78
+0.05
.44
.66 31.58
228.77
10.53
148.27
iHuman
IllinoisToolWks ITW
IH ...
2.0
dd
34
12.18
222.63
–1.24
+1.25
...
1.14
L 9.90
0.83
9.57
0.58
MasonIndlTechA
MasonIndlTechWt
MIT
MIT.WT
...
...
...
...
9.75
.69
+0.05
+0.03
...
...
47.23
87.69
25.06
55.66
NexPointResidentl
NextEraEnergy
NXRT
NEE
2.9
2.0
27
53
46.85
77.94
+0.23
+2.17
.3413
.385
28.47 13.27 Griffon GFF 1.2 19 27.58 –0.22 .08 126.01 42.92 MasoniteIntl DOOR ... 46 125.43 +5.51 ... 56.22 46.18 NextEra6.219%Un NEE.PRQ 5.5 ... 51.02 +1.11 .7774
175.04 41.60 Group1Auto GPI .8 11 163.44 +6.81 .31 25.05 9.63 Imax IMAX ... dd 21.61 +0.64 ... 11.65 1.36 LAIX LAIX ... dd 2.35 –0.09 ... 100.00 29.17 MasTec MTZ ... 23 99.62 +4.83 ... 65.31 46.80 NextEraEnergyUn NEE.PRO 4.1 ... 58.96 +1.05 .609
85.53 38.52 Grubhub GRUB ... dd 65.53 +2.15 ... 14.39 2.12 IndependenceContr ICD ... dd 3.66 –0.07 ... 11.30 9.96 L&F Acqn LNFA.UT ... ... 10.25 –0.10 ... 389.50 244.10 Mastercard MA .5 60 380.08 +16.78 .44 57.35 40.89 NextEraEnergyUn NEE.PRP 5.2 ... 51.10 +1.38 .6599
118.80 52.45 GpoAeroportuar PAC ... 58 109.57 +1.18 ... 44.15 24.27 Independence IHC 1.1 32 41.50 +0.81 .22 10.70 9.58 L&F Acqn A LNFA ... ... 10.00 +0.06 ... 27.43 2.76 MatadorRscs MTDR .4 dd 23.46 –2.22 .025 88.30 40.41 NextEraEnergy NEP 3.2 dd 73.66 +0.99 .615
193.85 92.04 GpoAeroportSur ASR ... 55 184.29 +3.36 ... 15.94 8.47 IndepRealty IRT 3.1 cc 15.72 +0.14 .12 2.00 0.56 L&F Acqn Wt LNFA.WT ... ... .99 +0.28 ... 80.70 39.60 Materion MTRN .7 76 67.17 –0.55 .115 5.74 1.51 NexTierOilfield NEX ... dd 3.78 –0.09 ...
7.03 3.70 GpoAvalAcc AVAL 5.3 11 6.30 +0.14 .0246 48.47 30.63 IndustrsBachoco IBA 1.6 12 41.45 +1.85 .3499 66.84 8.80 L Brands LB ... 23 66.78 +4.98 ... 79.05 23.75 Matson MATX 1.3 17 73.31 +5.99 .23 26.74 11.62 NielsenHoldings NLSN .9 dd 25.57 +0.24 .06
3.68 1.35 GpoSupervielle SUPV 1.7 3 1.75 +0.01 .0409 19.56 8.09 Infosys INFY 1.2 33 19.54 +0.53 .1334 154.78 66.71 LCI Inds LCII 2.2 22 135.59 –0.70 .75 12.80 9.50 MauiLand MLP ... dd 11.49 –0.41 ... 147.95 83.71 Nike NKE .8 64 135.45 +2.92 .275
10.16 4.73 GrupoTelevisa TV ... dd 9.87 +0.80 ... 51.61 23.21 IngersollRand IR ... dd 50.58 +0.97 ... 11.39 4.01 LG Display LPL ... dd 11.23 +1.21 ... 58.75 8.65 MaxarTech MAXR .1 dd 38.52 +0.41 .01 6.59 0.75 NineEnergy NINE ... dd 2.22 –0.03 ...
28.30 6.37 Guess GES 1.6 dd 27.31 +2.75 .1125 79.68 35.97 Ingevity NGVT ... 16 71.50 –4.23 ... 11.40 9.53 LGLS ysAcqn DFNS ... cc 9.96 +0.02 ... 94.21 60.00 Maximus MMS 1.2 27 94.07 +2.77 .28 27.24 21.09 NiSource NI 3.6 dd 24.71 +0.64 .22
134.22 81.97 Guidewire GWRE ... dd 104.07 +1.61 ... 93.66 68.71 Ingredion INGR 2.8 18 90.40 +0.19 .64 12.70 9.00 LGL Systems Un DFNS.UT ... ... 10.60 +0.05 ... 44.05 14.18 MaxLinear MXL ... dd 35.58 –0.97 ... 52.77 23.20 NoahHoldings NOAH ... dd 42.83 –1.22 ...
18.00 13.13 GuildHldgs GHLD ... ... 14.17 –0.23 ... 222.08 66.86 InnovativeIndProp IIPR 2.8 60 188.99 +2.44 1.32 2.79 0.39 LGLSysAcqnWt DFNS.WT ... ... 1.31 –0.05 ... 17.74 4.49 MayvilleEngg MEC ... dd 15.00 –0.27 ... 9.79 3.14 Nokia NOK ... dd 4.13 +0.13 ...
95.78 38.76 Insperity NSP 1.9 24 86.46 +0.81 .40 5.74 1.00 LSB Inds LXU ... dd 5.63 +0.32 ... 105.54 72.79 McCormick MKC 1.5 31 88.11 –1.13 .34 28.75 18.63 NomadFoods NOMD ... 22 28.53 +0.61 ...
252.25 61.04 InspireMedical INSP ... dd 218.45 +10.57 ... .19 .34
H 130.11
38.96
35.56
13.54
InstalledBldg
InsteelInds
IBP
IIIN
1.0
.4
37
23
121.28
31.97
+4.95
+0.24
.30
.03
44.73
210.14
31.02
158.09
LTC Properties
L3HarrisTech
LTC
LHX
5.3
2.0
18
40
43.31
208.12
+0.17
+4.50 1.02
105.50
232.81
73.95
167.85
McCormickVtg
McDonalds
MKC.V
MCD
1.5
2.2
31
37
88.00
231.48
–0.92
+6.27 1.29
6.72
9.00
3.72
2.75
NomuraHoldings
NordicAmTankers
NMR
NAT
3.9
12.2 10
7 5.41
3.29
+0.05
–0.13
.1913
.02
40 46.34 19.05 La-Z-Boy LZB 1.4 28 43.10 –0.24 .15 1.60 0.77 McEwenMining MUX ... dd 1.19 +0.10 ... 46.45 11.72 Nordstrom JWN ... dd 37.67 +0.91 ...
194.01 91.21 HCA Healthcare HCA 1.0 17 190.88 +4.73 .48 96.32 54.37 IntegerHoldings ITGR ... 92.66 +1.78 ... 259.29 136.38 LabCpAm LH ... 16 254.75 +2.05 ... 198.43 125.65 McKesson MCK .9 dd 190.87 –2.70 .42 276.15 147.37 NorfolkSouthern NSC 1.4 35 272.49 +1.31 .99
80.80 38.00 HCI Group HCI 2.1 24 76.80 –2.05 .40 119.02 84.67 ICE ICE 1.1 31 117.17 +2.97 .33 12.32 6.25 LadderCapital LADR 6.9 dd 11.62 –0.19 .20 2.57 1.29 Mechel MTL ... dd 1.70 –0.04 ... 13.07 4.11 NorthAmConstr NOA 1.1 9 11.43 +0.15 .0307
4.75 2.02 HC2 Holdings HCHC ... dd 4.17 +0.17 ... 75.20 36.55 InterContinentl IHG ... dd 71.24 +1.27 ... 86.41 51.72 LambWeston LW 1.2 45 77.41 –0.67 .235 48.28 18.37 Medallia MDLA ... dd 29.66 +0.96 ... 4.96 2.61 NoEuroOil NRT 5.8 17 4.79 +0.41 .04
84.70 35.65 HDFC Bank HDB ... 33 73.76 –3.98 ... 35.96 19.23 IntercorpFinSvcs IFS 5.5 35 31.64 +0.19 .77 10.70 4.87 Lannett LCI ... dd 4.95 –0.79 ... 70.33 21.62 MediaAlpha MAX ... ... 36.26 +0.22 ... 42.71 9.84 NorthernGenesis NGA.UT ... ... 20.50 +1.50 ...
11.04 1.60 HEXO HEXO ... dd 6.46 –0.03 ... 137.07 105.92 IBM IBM 4.8 22 135.73 +2.50 1.63 43.98 7.71 LaredoPetrol LPI ... dd 33.99 +1.44 ... 22.75 15.30 MedicalProp MPW 5.2 27 21.63 –0.03 .28 35.25 9.60 NorthernGenesis NGA ... ... 17.42 +0.48 ...
11.51 9.75 HH&L Acqn HHLA.UT ... ... 10.30 +0.18 ... 143.09 99.54 IntlFlavors IFF 2.2 44 140.28 +1.43 .77 66.77 40.31 LasVegasSands LVS ... dd 61.94 +0.09 ... 279.46 63.16 Medifast MED 2.6 25 221.23 –1.07 1.42 13.98 0.76 NorthernGenesisWt NGA.WT ... ... 6.11 –0.03 ...
10.00 9.60 HH&L Acqn HHLA ... ... 9.95 +0.20 ... 50.67 37.59 IntlFlavorsUn IFFT 6.1 ... 49.36 +0.08 .75 46.95 23.18 Lazard LAZ 4.0 13 46.43 +1.62 .47 27.90 2.80 MedleyMgmt MDLY ... dd 8.34 +0.44 ... 12.50 9.94 NorthernGenesisII NGAB.UT ... ... 10.57 +0.24 ...
0.89 0.50 HH&L Acqn Wt HHLA.WT ... ... .82 –0.07 ... 20.30 5.57 IntlGameTech IGT ... dd 16.62 –0.23 ... 9.22 1.03 Leaf LEAF ... dd 8.99 +1.96 ... 29.26 10.78 Mednax MD ... dd 25.75 +0.40 ... 10.30 9.55 NorthernGenII NGAB ... ... 9.99 +0.07 ...
11.20 9.86 HIG Acqn HIGA.UT ... ... 10.31 +0.21 ... 56.98 29.76 IntlPaper IP 3.7 45 54.94 +0.65 .5125 196.26 80.15 Lear LEA .6 69 179.01 –1.12 .25 122.05 87.68 Medtronic MDT 1.9 57 122.00 +3.81 .58 2.20 1.00 NorthernGenIIWt NGAB.WT ... ... 1.49 +0.27 ...
15.46 9.60 H.I.G.AcqnA HIGA ... ... 10.01 +0.14 ... 29.30 12.44 IntlSeaways INSW 1.3 dd 19.15 +0.07 .06 31.40 7.10 LeeEnterprises LEE ... 22 28.49 +2.47 ... 87.80 71.72 Merck MRK 3.4 27 76.31 –0.78 .65 10.25 9.75 NorthernGenesisIII NGC.UT ... ... 10.10 +0.06 ...
2.04 0.85 H.I.G.AcqnWt HIGA.WT ... ... 1.03 +0.02 ... 10.18 9.70 InterPrivateII IPVA.UT ... ... 10.00 +0.05 ... 50.00 24.01 Leggett&Platt LEG 3.4 26 47.39 +0.94 .40 65.98 34.12 MercuryGeneral MCY 4.0 9 63.80 +2.23 .6325 21.00 9.87 NorthernStar STIC.UT ... ... 12.30 –0.11 ...
43.85 19.09 HNI HNI 3.0 42 40.26 +0.66 .305 10.15 9.75 InterPrivateIII IPVF.UT ... ... 10.00 +0.05 ... 113.75 79.15 Leidos LDOS 1.4 23 100.66 +4.21 .34 37.50 10.01 Meredith MDP ... dd 30.27 +0.18 ... 19.54 10.19 NorthernStarAcqn STIC ... ... 11.42 –0.05 ...
32.99 13.39 HP HPQ 2.4 14 32.98 +0.93 .1938 30.43 13.91 Interpublic IPG 3.7 33 29.40 +0.05 .27 6.96 1.24 LejuHoldings LEJU ... ... 2.30 –0.29 ... 117.06 36.99 MeritageHomes MTH ... 9 95.12 +0.82 ... 6.23 2.06 NorthernStarAcqnWt STIC.WT ... ... 3.34 +0.07 ...
11.38 9.57 HPX A HPX ... ... 10.05 +0.20 ... 39.19 7.60 IntrepidPotash IPI ... dd 31.23 –1.63 ... 188.30 44.11 Lemonade LMND ... dd 92.69 –2.89 ... 9 ...
10.94 4.91 Invacare IVC ... dd 8.27 –0.05 ... 33.56 14.07 Meritor MTOR ... 28.57 –0.57 ... 12.11 10.01 NorthernStarII NSTB.UT ... 10.28 ... ...
12.15 9.81 HPX Un HPX.UT ... ... 10.30 +0.10 ... 8.40 2.40 InvescoMtg IVR 9.2 dd 3.93 –0.16 .09 22.68 4.32 LendingClub LC ... dd 15.77 –0.63 ... 7.00 3.43 MesaRoyalty MTR 8.0 17 4.90 ... .0237 11.62 9.78 NorthernStrII A NSTB ... ... 10.08 +0.08 ...
2.10 0.64 HPX Wt HPX.WT ... ... .80 –0.03 ... 11.57 10.01 Investindustrial IIAC.UT ... ... 10.22 +0.12 ... 106.24 38.51 Lennar A LEN .9 11 105.52 +2.09 .25 31.95 11.50 MesabiTrust MSB 4.5 22 31.52 –0.36 .46 3.35 1.24 NorthernStrII Wt NSTB.WT ... ... 1.47 –0.03 ...
31.59 17.95 HSBC HSBC 2.5 31 29.90 +0.64 .75 11.00 9.65 InvestindustrialA IIAC ... ... 9.98 +0.18 ... 85.66 29.18 Lennar B LEN.B 1.2 9 85.44 +1.64 .25 47.01 23.97 MethodeElec MEI 1.0 14 45.37 +2.40 .11 10.46 9.74 NorthernStarIII NSTC.UT ... ... 10.08 +0.12 ...
36.33 14.53 HUYA HUYA ... 34 18.43 –1.11 ... 2.56 0.80 InvestindustrialWt IIAC.WT ... ... 1.08 +0.23 ... 332.44 168.94 LennoxIntl LII .9 36 332.42 +15.68 .77 62.67 29.18 MetLife MET 3.0 11 61.92 +0.32 .46 10.20 9.70 NorthernStarIV NSTD.UT ... ... 10.06 +0.15 ...
142.11 74.48 Haemonetic HAE ... 55 117.06 +5.02 ... 61.59 12.42 Invitae NVTA ... dd 38.00 –1.19 ... 10.79 9.84 LeoHoldingsII LHC.UT ... ... 9.98 +0.03 ... 55.00 19.27 MetropolitanBk MCB ... 12 54.30 +1.56 ... 357.12 282.88 NorthropGrum NOC 1.7 18 339.95 +17.71 1.45
24.74 6.53 Halliburton HAL .9 dd 21.07 –0.85 .045 33.15 21.05 InvitatHomes INVH 2.1 cc 32.37 –0.30 .17 10.54 9.50 LeoHldgsII A LHC ... ... 9.75 ... ... 1271.67 661.32 MettlerToledo MTD ... 49 1222.41 +47.22 ... 67.24 41.71 NorthwestNat NWN 3.5 23 54.40 +1.33 .48
25.00 8.40 HamiltonBeach HBB 2.1 5 17.79 –0.31 .095 41.32 21.54 IronMountain IRM 6.6 32 37.66 +0.36 .6185 1.60 0.71 LeoHldgsII Wt LHC.WT ... ... .83 +0.02 ... 8.19 2.78 MicroFocus MFGP 1.8 dd 7.58 –0.24 .155 34.49 9.24 NorwegCruise NCLH ... dd 30.54 +2.82 ...
21.24 7.71 Hanesbrands HBI 2.9 dd 20.36 +0.99 .15 10.11 9.80 IsosAcqn ISOS.UT ... ... 10.00 +0.10 ... 10.30 9.72 LeoHldgsIII LIII.UT ... ... 10.01 +0.11 ... 149.29 102.23 MidAmApt MAA 2.8 67 146.85 +0.21 1.025 98.52 77.04 Novartis NVS ... 25 87.55 +1.47 ...
25.00 14.13 Hanger HNGR ... 24 24.00 +0.75 ... 18.73 7.30 iStar STAR 2.4 dd 18.17 –0.03 .11 27.30 11.13 LeviStrauss LEVI .5 dd 25.67 +1.98 .04 47.57 25.32 MillerIndustries MLR 1.6 18 46.00 –0.87 .18 75.86 58.36 NovoNordisk NVO 1.5 26 70.12 +2.46 .9494
72.42 23.31 HannonArmstrong HASI 2.6 50 53.65 –1.09 .35 7.38 3.01 ItauCorpBanca ITCB ... dd 5.61 –0.19 ... 12.08 8.40 LexingtonRealty LXP 3.8 18 11.42 –0.06 .1075 81.40 34.41 MineralsTechs MTX .3 23 76.69 +0.17 .05 11.36 9.80 NovusCapII NXU.UT ... ... 10.31 +0.20 ...
135.77 80.79 HanoverIns THG 2.1 14 134.76 +4.35 .70 6.37 3.48 ItauUnibanco ITUB 2.8 13 4.71 –0.06 .0026 14.74 2.40 LibertyOilfield LBRT ... dd 10.84 –0.86 ... 10.28 9.72 MissionAdv MACC.UT ... ... 10.10 +0.14 ... 10.15 9.58 NovusCapII A NXU ... ... 9.99 +0.24 ...
43.47 17.34 HarleyDavidson HOG 1.4 cc 42.05 +2.09 .15 12.73 10.10 IvanhoeCap IVAN.UT ... ... 10.53 +0.18 ... 89.83 55.00 LifeStorage LSI 3.3 43 89.40 +1.19 .74 12.57 3.00 MistrasGroup MG ... dd 11.20 –0.50 ... 1.79 1.00 NovusCapII Wt NXU.WT ... ... 1.25 +0.01 ...
7.61 2.53 HarmonyGold HMY 1.2 15 4.88 +0.01 .0727 11.10 9.50 IvanhoeCapA IVAN ... ... 10.13 +0.15 ... 5.69 0.58 LightInTheBox LITB ... 24 2.92 +0.09 ... 6.02 3.66 MitsubishiUFJ MUFG 3.6 13 5.40 –0.07 .1036 63.85 21.85 NuSkinEnts NUS 2.9 14 51.78 –1.01 .38
22.18 7.14 Harsco HSC ... dd 17.76 –0.08 ... 3.01 1.26 IvanhoeCapWt IVAN.WT ... ... 1.40 ... ... 82.53 12.09 LightspeedPos LSPD ... dd 72.31 +7.91 ... 15.00 7.80 MiXTelematics MIXT 1.3 38 14.18 –0.03 .0616 82.76 34.72 Nucor NUE 2.0 34 80.29 +0.41 .405
69.60 30.27 HartfordFinl HIG 2.1 14 66.79 –1.49 .35 218.00 129.21 EliLilly LLY 1.8 27 184.49 –0.75 .85 3.19 2.20 MizuhoFin MFG 3.7 2 2.92 ... .0719 20.25 8.25 NuSTAREnergy NS 8.9 dd 17.99 +0.23 .40
40.56 11.28 HavertyFurn HVT 2.2 13 39.75 +1.85 .22 67.37 26.97 LincolnNational LNC 2.7 25 62.70 –0.20 .42 9.81 7.64 MobileTeleSys MBT 8.0 8 8.13 –0.09 .1858 59.77 29.70 Nutrien NTR 3.4 68 54.92 +0.43 .46
40.48
45.58
13.34
31.83
HavertyFurn A
HawaiianElec
HVT.A
HE
2.0
3.2
13
23
40.48
42.38
+3.56
–2.28
.20
.34
J 286.98
179.10
172.76
81.13
Linde
Lindsay
LIN
LNN
1.5
.8
60
41
284.80
165.10
+3.96
–2.30
1.06
.33
48.20
16.33
22.38
3.29
ModelN
ModineMfg
MODN
MOD
...
...
dd
dd
38.36
15.23
+0.86
+0.11
...
...
15.08
4.91
8.56
1.54
NuvationBio
NuvationBioWt
NUVB
NUVB.WT
...
...
...
...
10.00
2.26
–0.20
–0.19
...
...
17.98 15.61 Hayward HAYW ... ... 16.89 –0.06 ... 10.49 3.59 J Alexander's JAX ... dd 10.08 +0.16 ... 7.44 2.83 Linx LINX .3 ... 6.74 +0.11 .0184 59.63 26.05 Moelis MC 4.1 19 54.19 –1.96 .55 29.94 15.60 nVentElectric NVT 2.5 dd 28.49 –0.16 .175
34.01 26.77 HealthcareRealty HR 3.9 58 30.65 –0.68 .3025 34.70 22.63 JBG SMITH Prop JBGS 2.8 dd 32.07 –0.38 .225 19.68 5.90 LionsGate A LGF.A ... dd 16.10 +0.53 ... 202.97 67.79 MohawkInds MHK ... 28 202.93 +4.65 ...
29.47
33.12
22.64
20.56
HealthcareAmer
HealthpeakProp
HTA
PEAK
4.6
3.7
cc
41
27.91
32.39
–0.29
–0.32
.32
.30
31.24
10.77
8.57
1.68
JELD-WEN
J.Jill
JELD
JILL
...
...
32
dd
28.67
8.02
+0.30
–1.93
...
...
16.76
417.98
5.52
79.80
LionsGate B
LithiaMotors
LGF.B
LAD
...
.3
dd
21
13.81
399.42
+0.30
+0.87
...
.31
246.72
65.53
151.11
43.75
MolinaHealthcare
MolsonCoorsA
MOH
TAP.A
...
...
21
dd
240.98
54.70
+5.50
–0.70
...
... O
8.45 1.97 HeclaMining HL .2 dd 6.06 +0.13 .005 8.99 2.16 JMP JMP ... dd 6.72 +0.64 ... 28.75 2.80 LithiumAmericas LAC ... dd 14.87 –1.00 ... 56.10 32.11 MolsonCoorsB TAP ... dd 50.00 –1.90 ...
141.31 74.25 Heico HEI .1 69 131.34 +3.36 .08 161.69 82.40 JPMorganChase JPM 2.3 18 156.28 +2.57 .90 94.63 35.25 LiveNationEnt LYV ... dd 86.00 –2.07 ... 18.86 10.83 MonmouthRealEst MNR 4.0 dd 17.95 –0.10 .18 23.74 9.38 OFGBancorp OFG 1.4 18 23.48 +0.41 .08
124.90 64.54 Heico A HEI.A .1 62 118.23 +2.23 .08 54.25 23.05 Jabil JBL .6 22 53.44 +0.47 .08 13.38 10.00 LiveOakAcqnII LOKB.UT ... ... 10.90 +0.45 ... 59.62 16.41 MontroseEnvl MEG ... dd 52.37 –1.98 ... 35.24 27.96 OGE Energy OGE 5.0 dd 32.20 –0.41 .4025
6.76 1.30 HelixEnergy HLX ... 37 4.84 –0.44 ... 135.17 69.17 JacobsEngg J .6 40 135.11 +5.16 .21 11.99 9.66 LiveOakII A LOKB ... ... 10.18 +0.22 ... 314.63 227.75 Moody's MCO .8 33 314.29 +7.98 .62 15.24 5.76 O-I Glass OI ... 9 14.68 +0.21 ...
33.70 12.87 Helm&Payne HP 3.9 dd 25.82 –2.62 .25 32.97 10.98 JamesHardie JHX .0 85 32.84 +0.96 .55 7.00 1.13 LiveOakII Wt LOKB.WT ... ... 2.27 +0.75 ... 87.12 37.79 Moog A MOG.A 1.2 dd 85.80 +2.57 .25 90.56 65.51 ONE Gas OGS 3.0 21 77.99 +1.18 .58
59.00 30.05 Herbalife HLF ... 16 44.87 –0.41 ... 35.23 14.39 JanusHenderson JHG 4.4 37 32.39 +0.28 .36 10.53 9.83 LiveOakMobility LOKM.UT ... ... 10.17 +0.17 ... 86.00 45.00 Moog B MOG.B 1.2 dd 84.00 –0.78 .25 52.11 23.28 ONEOK OKE 7.3 37 50.92 –0.43 .935
110.03 18.00 HercHoldings HRI ... 39 97.95 –4.32 ... 17.95 10.10 JawsAcquisition JWS.UT ... ... 14.98 –0.01 ... 23.99 4.71 Livent LTHM ... dd 17.05 –1.76 ... 86.64 35.53 MorganStanley MS 1.7 13 80.72 +2.50 .35 81.98 42.91 ON24 ONTF ... cc 46.14 –2.26 ...
16.95 8.16 HerculesCapital HTGC 7.6 9 16.91 +0.48 .05 17.43 9.95 JawsAcqnA JWS ... dd 13.14 –0.28 ... 87.38 31.00 LiveRamp RAMP ... dd 51.09 –1.97 ... 35.20 9.57 Mosaic MOS .6 18 31.47 +0.21 .05 66.31 34.98 OakStreetHealth OSH ... dd 62.70 +5.88 ...
14.05 8.96 HeritageInsurance HRTG 2.2 33 10.73 –0.44 .06 4.30 1.26 JawsAcqnWt JWS.WT ... ... 3.50 +0.10 ... 2.38 1.17 LloydsBanking LYG 1.4 37 2.34 –0.01 .0318 11.86 9.90 MotiveCapital MOTV.UT ... ... 10.41 +0.30 ... 11.62 9.55 OaktreeAcqnII A OACB ... ... 10.04 +0.08 ...
13.05 3.62 HershaHospitality HT ... dd 10.46 –0.29 ... 10.97 9.90 JawsMustang JWSM.UT ... ... 10.29 +0.09 ... 39.85 14.00 loanDepot LDI ... ... 22.19 +2.13 ... 10.87 9.61 MotiveCapA MOTV ... ... 10.04 +0.21 ... 12.51 9.79 OaktreeAcqnII OACB.UT ... ... 10.35 +0.03 ...
161.71 125.50 Hershey HSY 2.0 26 159.50 +0.74 .804 10.10 9.74 JawsMustangA JWSM ... ... 10.02 +0.12 ... 417.62 319.81 LockheedMartin LMT 2.7 16 386.23 +15.21 2.60 3.24 0.70 MotiveCapWt MOTV.WT ... ... 1.20 +0.28 ... 2.70 0.99 OaktreeAcqnIIWt OACB.WT ... ... 1.26 –0.09 ...
76.24 32.41 Hess HES 1.4 dd 73.80 –0.68 .25 1.50 1.00 JawsMustangWt JWSM.WT ... ... 1.20 +0.04 ... 53.65 27.33 Loews L .5 dd 53.61 +1.36 .0625 192.84 124.36 MotorolaSol MSI 1.5 35 191.06 +2.70 .71 32.52 8.52 OccidentalPetrol OXY .2 dd 24.59 –2.79 .01
23.69 11.10 HessMidstream HESM 7.7 17 22.80 –0.68 .4471 12.78 10.25 JawsSpitfire SPFR.UT ... ... 11.28 +0.48 ... 6.69 3.13 LomaNegra LOMA 4.1 5 6.20 –0.14 .2643 29.78 8.62 Movado MOV 2.8 dd 28.60 +0.70 .20 15.94 2.29 OccidentalPetrolWt OXY.WT ... ... 10.63 –1.80 ...
16.14 8.29 HewlettPackard HPE 3.0 dd 15.79 +0.09 .12 12.10 9.95 JawsSpitfireA SPFR ... ... 10.70 +0.38 ... 10.27 9.76 LongviewII LGV.UT ... ... 10.22 +0.13 ... 44.94 20.91 MuellerIndustries MLI 1.2 18 44.00 +1.68 .13 15.40 2.91 OceaneeringIntl OII ... dd 10.86 –1.50 ...
64.84 24.54 Hexcel HXL ... cc 56.73 +0.37 ... 4.18 1.22 JawsSpitfireWt SPFR.WT ... ... 1.98 +0.08 ... 62.36 15.56 LouisianaPacific LPX 1.0 14 61.60 +4.77 .16 14.58 7.32 MuellerWater MWA 1.5 29 14.36 +0.20 .055 32.51 5.29 OcwenFinancial OCN ... dd 27.89 –0.77 ...
11.50 9.93 HighlandTransI HTPA.UT ... ... 10.50 +0.29 ... 34.86 11.82 JefferiesFin JEF 2.6 7 31.21 +0.82 .20 198.67 91.49 Lowe's LOW 1.2 26 198.51 +7.19 .60 12.93 5.48 MultiPlan MPLN ... dd 6.25 +0.33 ... 2.41 0.42 Oi OIBR.C ... dd 1.72 +0.11 ...
10.97 9.61 HighlandTransI HTPA ... ... 10.05 +0.20 ... 11.92 2.02 JianpuTech JT ... ... 2.58 ... ... 3.52 0.66 Luby's LUB ... dd 3.47 +0.15 ... 3.77 0.88 MultiPlanWt MPLN.WT ... ... 1.12 +0.07 ... 38.47 31.86 OilDriAmerica ODC 3.0 13 34.88 –0.34 .26
2.90 0.78 HighlandTranIWt HTPA.WT ... ... 1.13 –0.12 ... 90.20 13.67 JinkoSolar JKS ... 13 38.65 –3.90 ... 20.17 11.56 LufaxHolding LU ... 19 14.62 +0.05 ... 20.53 6.87 MurphyOil MUR 3.0 dd 16.42 –1.00 .125 9.49 2.20 OilStatesIntl OIS ... dd 5.86 –0.53 ...
45.89 29.18 HighwoodsProp HIW 4.5 13 43.03 –1.07 .48 151.64 56.17 JohnBeanTech JBT .3 40 137.02 +1.12 .10 35.10 5.05 LumberLiqu LL ... 13 26.74 +0.57 ... 159.00 100.02 MurphyUSA MUSA .7 11 143.77 –1.68 .25 23.48 13.08 OldRepublic ORI 3.8 12 23.38 +1.48 .22
3.38 1.23 HillIntl HIL ... dd 3.04 –0.12 ... 173.65 133.65 J&J JNJ 2.5 29 161.25 –1.58 1.01 16.60 8.51 LumenTech LUMN 7.8 dd 12.82 –0.29 .25 11.50 9.80 MusicAcqn TMAC.UT ... ... 10.02 +0.02 ... 42.27 9.67 Olin OLN 2.0 dd 39.75 +0.49 .20
117.68 80.31 Hill-Rom HRC .9 31 112.94 +2.34 .24 62.40 26.23 JohnsonControls JCI 1.7 49 61.76 +1.86 .27 3.81 1.72 LumentFinance LFT 9.9 11 3.62 +0.10 .09 9.86 9.65 MusicAcqnA TMAC ... ... 9.65 –0.14 ... 35.00 23.93 Olo OLO ... ... 28.20 +1.90 ...
52.84 17.38 Hillenbrand HI 1.7 cc 50.46 +2.22 .215 186.60 79.05 JonesLang JLL ... 24 183.32 –1.20 ... 22.16 11.42 Luxfer LXFR 2.4 29 20.47 –0.52 .125 0.88 0.57 MusicAcqnWt TMAC.WT ... ... .70 +0.08 ... 39.24 23.89 OmegaHealthcare OHI 7.1 57 37.59 –0.87 .67
39.60 12.80 Hilltop HTH 1.5 7 32.96 –1.45 .12 69.89 2.88 JumiaTech JMIA ... dd 37.20 –0.81 ... 42.06 7.59 Lydall LDL ... dd 31.92 –1.68 ... 23.98 9.96 MyersIndustries MYE 2.6 20 20.59 +0.02 .135 12.01 9.88 Omnichannel OCA.UT ... ... 10.53 +0.33 ...
42.94 16.03 HiltonGrandVac HGV ... dd 38.51 +0.51 ... 16.60 9.90 JuniperIndustrial JIH.UT ... ... 15.04 +1.36 ... 112.73 44.33 LyondellBasell LYB 4.0 25 104.08 –1.47 1.05 30.90 9.27 MyovantSciences MYOV ... dd 18.15 –2.29 ... 11.06 9.60 OmnichannelA OCA ... ... 10.00 +0.15 ...
128.92 62.47 Hilton HLT ... dd 124.35 +2.70 ... 14.88 9.60 JuniperIndlA JIH ... dd 13.26 +0.42 ... 2.28 0.60 OmnichannelWt OCA.WT ... ... 1.13 +0.32 ...
78.15
25.40
12.99
9.81
0.90
Hims&HersHealth
Hims&HersWt
HIMS
HIMS.WT
...
...
dd
...
12.97
4.00
–0.63
–0.40
...
...
3.74
27.83
0.55
19.51
JuniperIndlWt
JuniperNetworks
JIH.WT
JNPR
...
3.1
...
33
3.46
25.41
+0.55
–0.21
...
.20 M N 16.12
44.50
10.03
Omnicom
one
OMC
AONE.UT
3.6
...
18
...
77.66
11.33
+1.75
–0.92
.70
...
17.25 5.94 HoeghLNG Ptrs HMLP 11.7 8 15.10 +0.18 .44 4.97 0.95 JupaiHoldings JP ... dd 2.22 –0.02 ... 15.10 9.70 oneA AONE ... ... 10.75 –0.59 ...
20.06 10.48 HollyEnergy HEP 7.2 12 19.50 +0.20 .35 164.72 85.09 M&T Bank MTB 2.9 15 153.63 +0.46 1.10 35.70 17.95 NACCO Inds NC 3.3 11 23.42 –1.23 .1925 4.25 0.83 oneWt AONE.WT ... ... 2.69 –0.01 ...
39.80 24.42
42.39
319.32
16.81
195.37
HollyFrontier
HomeDepot
HFC
HD
4.0
2.1
dd
27
35.17
319.23
–2.85
+11.48
.35
1.65 K 10.82
61.81
5.52
18.93
MBIA
MDC Holdings
MBI
MDC
...
2.4
dd
12
10.04
61.44
+0.34
+0.82
...
.3429 7.44
15.18
1.94
NCR
NGL Energy
NCR ...
NGL .0
dd
dd
39.64
2.24
+1.70 ...
+0.06 .10 28.80
12.89
9.02
OneLiberty
OneConnectFinTech
OLP
OCFT
7.4
...
18
dd
24.21
15.52
+1.81
+0.17
.45
...
31.92 20.76 HondaMotor HMC 2.2 13 29.68 –0.39 .2312 10.48 9.73 MDH Acqn MDH.UT ... ... 9.99 +0.05 ... 66.99 2.63 NIO NIO ... dd 38.12 –1.54 ... 59.00 17.40 OneMain OMF 3.3 10 54.84 –0.15 3.50
227.63 117.11 Honeywell HON 1.6 34 226.98 +10.18 .93 20.85 10.28 KAR Auction KAR ... dd 15.60 +0.34 ... 9.82 9.60 MDH Acqn A MDH ... ... 9.75 +0.07 ... 8.00 2.58 NL Industries NL ... 28 7.15 –0.11 ... 6.84 2.09 OneSmartIntl ONE ... dd 2.50 +0.11 ...
44.74 30.48 HoraceMannEdu HMN 3.0 13 41.87 –1.25 .31 49.71 24.47 KB Fin KB 3.1 6 46.92 –1.41 1.9979 0.70 0.55 MDH Acqn Wt MDH.WT ... ... .57 –0.02 ... 17.50 7.70 NOV NOV ... dd 13.09 –1.10 ... 72.55 28.08 OntoInnovation ONTO ... cc 70.69 +0.77 ...
12.65 10.00 HorizonAcqn HZAC.UT ... ... 10.47 +0.15 ... 49.65 19.15 KB Home KBH 1.2 14 49.06 +1.28 .15 32.19 18.50 MDU Rscs MDU 2.7 16 31.77 –0.03 .2125 11.98 4.03 NOW DNOW ... dd 9.63 –0.84 ... 19.18 10.51 Ooma OOMA ... dd 16.43 +0.22 ...
11.34 9.29 HorizonAcqnA HZAC ... ... 9.93 +0.01 ... 38.79 16.64 KBR KBR 1.1 dd 38.48 +1.30 .11 4.37 1.33 MFA Financial MFA 7.2 dd 4.16 –0.06 .075 44.08 28.22 NRG Energy NRG 3.4 19 38.73 +1.27 .325 44.38 16.72 Oppenheimer A OPY 1.1 5 42.39 +1.55 .12
April 12, 2021 BARRON’S M15

New York Stock Exchange Composite List

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. NYSE CUMULATIVE DAILY BREADTH vs DJIA
75.69 50.86 Oracle ORCL 1.7 18 75.58 +3.77 .32 157.70 89.75 Primerica PRI 1.2 16 152.85 +1.59 .47 13.29 9.90 SCVX SCVX.UT ... ... 10.40 +0.13 ...
13.03 10.15 Orange ORAN 4.2 6 12.50 +0.14 .473 17.85 8.93 PrimoWater PRMW 1.4 dd 16.63 –0.02 .06 12.37 9.58 SCVX SCVX ... dd 9.99 +0.10 ...
6.14
21.05
3.13
6.56
OrchidIslandCap
OrionEngCarbons
ORC
OEC
12.9
...
dd
65
6.03
18.95
+0.02
–0.95
.065
...
29.15 12.67 ProAssurance PRA .7 dd
26
27.18 +0.34 .05 2.75
43.73
0.50
22.61
SCVX Wt
Seacor
SCVX.WT
CKH
...
...
...
37
1.07
41.47
+0.08
+0.90
...
...
Perfect Way: NYSE Composite breadth rose for a third week as the
146.92 111.25 Procter&Gamble PG 2.3 136.37 +2.09 .7907
6.67
91.38
2.01
53.61
OrionGroup
Orix
ORN
IX
...
3.6 11
9 5.88
83.78
–0.26
–0.46
...
1.6762
102.05
112.37
71.25
80.12
Progressive
Prologis
PGR
PLD
.4
2.3
10
56
95.68
109.51
+0.13
+1.01
.10
.63
6.28
11.56
1.46
5.85
SeacorMarine
SFL
SMHI
SFL
...
7.6
dd
...
5.05
7.89
–0.28
–0.27
...
.15
S&P 500 rallied 3% to an all-time high. Winning stocks outpaced losers
128.87
37.00
53.44
22.56
OrmatTech
OscarHealth
ORA
OSCR
.6
...
46
...
76.42
23.62
–2.50
–2.36
.12
...
13.99
14.25
2.77
7.26
ProPetro
ProSightGlobal
PUMP
PROS
...
...
dd
25
10.12
12.65
–1.01
+0.05
...
...
28.96
14.42
17.03
4.21
SINOPEC
SITE Centers
SHI
SITC
5.5
3.2
dd
cc
24.10
13.84
+0.50
+0.04
1.5282
.11 on the NYSE by 2 to 1.
123.49 55.33 Oshkosh OSK 1.1 26 120.06 +0.52 .33 83.02 44.79 ProsperityBcshs PB 2.6 13 75.36 –0.84 .49 71.69 50.85 SJW Group SJW 2.1 30 63.97 +1.37 .34 BREADTH DJIA
13.53 7.77 OsiskoGoldRoyal OR 1.3 cc 12.12 +0.66 .0391 286.57 74.42 ProtoLabs PRLB ... 60 114.11 –5.92 ... 28.01 17.26 SK Telecom SKM 2.6 14 27.63 +0.12 .8934
19.01
17.47
9.85
9.60
OspreyTechUn
OspreyTechA
SFTW.UT
SFTW
...
...
...
dd
11.20
10.16
–0.34
–0.08
...
...
24.20
95.49
10.55
48.52
ProvidentFinSvcs
PrudentialFin
PFS
PRU
4.0
4.9
17
dd
23.08
94.35
+0.63
+1.64
.23
1.15
77.99
19.50
36.19
1.34
SLGreenRealty
SM Energy
SLG
SM
5.0
.1
15
dd
72.20
17.26
–0.24
–1.67
.3033
.01
593000 33950
4.89 0.51 OspreyTechWt SFTW.WT ... ... 1.82 +0.16 ... 43.83 23.45 Prudential PUK .7 26 43.16 –0.06 .1073 15.88 0.83 SOS SOS ... ... 5.25 +0.43 ... BREADTH 590,877
s
70.95 42.80 OtisWorldwide OTIS 1.1 34 70.75 +1.49 .20 62.15 43.87 PublicServiceEnt PEG 3.3 16 61.25 +1.58 .51 62.13 31.12 SPX SPXC ... 27 60.10 +0.55 ...
17.73 7.55 Ouster OUST ... ... 9.33 +0.58 ... 259.44 172.11 PublicStorage PSA 3.1 41 257.88 +5.94 2.00 70.00 24.65 SPX FLOW FLOW .5 cc 65.49 +0.61 .09 573200 31800
4.57 0.50 OusterWt OUST.WT ... ... 2.80 +0.72 ... 54.70 23.18 PulteGroup PHM 1.0 11 54.56 +1.08 .14 36.49 11.53 SQZ Biotech SQZ ... dd 13.66 ... ...
24.60 10.66 OutfrontMedia OUT ... dd 22.09 +0.03 ... 29.53 11.96 PureStorage PSTG ... dd 21.64 –0.33 ... 34.98 22.18 STAG Indl STAG 4.2 27 34.91 +0.35 .1208
2.84 1.73 OverseasShip OSG ... 7 2.42 +0.31 ... 12.39 3.54 Puxin NEW ... dd 3.76 –0.59 ... 35.72 15.42 StoreCapital STOR 4.2 41 34.12 –0.18 .36
28.69 3.43 Ovintiv OVV 1.6 dd 23.87 –1.01 .0938 12.01 3.85 PzenaInvtMgmt PZN 1.1 21 10.79 –0.42 .22 35.55 24.37 SabineRoyalty SBR 6.8 14 31.60 +0.52 .2379 553400 29650
39.45 6.10 Owens&Minor OMI .0 96 36.70 –1.27 .0025 72.60 55.91 QTS Realty QTS 3.2 dd 63.22 –0.98 .50 3.15 0.82 SafeBulkers SB ... dd 2.24 –0.21 ...
96.94 35.97 OwensCorning OC 1.1 dd 96.85 +3.06 .26 148.56 62.64 Q2Holdings QTWO ... dd 102.90 –0.20 ... 8.59 5.08 SafeguardSci SFE ... dd 6.59 –0.35 ... s
14.40 11.12 OwlRock ORCC 8.8 14 14.10 +0.10 .31 59.00 39.32 Qiagen QGEN ... 33 51.29 +2.00 ... 84.99 45.02 Safehold SAFE .9 59 68.97 –2.03 .1622 DJIA
94.72 33.87 OxfordIndustries OXM 1.7 dd 88.30 +2.73 .37 6.36 2.11 QuadGraphics QUAD ... dd 3.80 ... ... 64.19 16.05 SailPointTechs SAIL ... dd 48.47 –4.04 ... 533600 27500
301.99 119.18 QuakerChemical KWR .6 cc 244.47 +0.08 .395 284.50 148.00 Salesforce.com CRM ... 53 231.28 +12.56 ...
PQ 27.81
94.10
9.64
28.71
QuanexBldg
QuantaServices
NX
PWR
1.2
.3
19
30
27.16
93.72
+0.06
+4.55
.08
.06
21.91
4.54
6.75
1.93
SallyBeauty
SanJuanBasin
SBH
SJT
...
5.4
20
26
20.33
4.20
+0.15
+0.09
...
.053
10.40 9.76 QuantumFin QFTA.UT ... ... 10.09 +0.09 ... 12.00 9.56 SandbridgeAcqn SBG.UT ... ... 10.31 –0.08 ... 513800 25350
18.78 4.06 PBF Energy PBF ... dd 13.72 –1.87 ... 9.90 9.50 QuantumFin QFTA ... ... 9.84 +0.16 ... 11.56 9.64 SandbridgeAcqnA SBG ... ... 9.93 +0.03 ...
15.14 5.52 PBF Logistics PBFX 8.3 6 14.46 –0.17 .30 0.90 0.27 QuantumFinWt QFTA.WT ... ... .29 –0.01 ... 2.10 0.56 SandbridgeAcqnWt SBG.WT ... ... 1.01 –0.02 ...
13.34 8.35 PG&E PCG ... dd 11.51 +0.01 ... 132.73 9.74 QuantumScape QS ... ... 45.77 –3.53 ... 10.10 9.78 SandbridgeX2 SBII.UT ... ... 10.02 +0.03 ...
126.76 91.42 PG&EUn PCGU 4.9 ... 112.66 –0.51 1.375 60.04 0.74 QuantumScapeWt QS.WT ... ... 34.29 –3.46 ... 5.78 0.83 SandRidgeEnergy SD ... dd 3.72 –0.29 ... 494000 23200
26.85 8.15 PGT Innovations PGTI ... 34 26.16 +0.48 ... 3.82 1.17 Qudian QD ... 4 2.18 –0.11 ... 10.63 5.61 SandstormGold SAND ... cc 7.59 +0.55 ...
5.43 1.36 PHX Minerals PHX 1.5 dd 2.62 –0.30 .01 134.71 85.41 QuestDiag DGX 2.0 12 126.69 –2.75 .62 29.14 12.15 SantanderCons SC 3.0 10 29.02 +1.81 .22 M J J A S O N D J F M A
81.82 40.13 PJT Partners PJT .3 14 66.97 –2.61 .05 16.89 5.28 QuotientTech QUOT ... dd 16.87 +0.99 ... 26.68 12.00 SaratogaInvt SAR 6.8 9 25.20 –0.52 .43
35.49 21.52 PLDT PHI 4.4 11 26.01 –0.19 .5882 15.67 2.83 Sasol SSL ... dd 14.48 –0.59 ... In generating this chart, we subtract each day's NYSE composite declines from that day's advances. The resultant total is
11.70
10.60
9.88
9.60
PMV Consumer
PMV Consumer
PMVC.UT
PMVC
...
...
...
...
10.25
9.90
+0.03
+0.15
...
... R 42.72
30.41
23.49
13.70
SaulCenters
Schlumberger
BFS
SLB
5.2
1.9
33
dd
40.88
26.76
–0.24
–1.34
.53
.125
added to the next day's total, and so on. When all five days' numbers are added together, this produces the weekly figure we
plot. Dec. 31, 1985 =1000.
1.94 0.58 PMV Consumer Wt PMVC.WT ... ... .97 +0.17 ... 28.13 19.29 SchneiderNatl SNDR 1.1 21 25.40 +0.26 .07
184.33 89.13 PNC Fin PNC 2.6 11 180.21 +2.80 1.15 26.45 19.52 RELX RELX 2.5 33 26.43 +0.83 .1725 68.89 31.63 SchwabC SCHW 1.1 41 67.57 +1.13 .18
50.25 34.24 PNM Resources PNM 2.7 23 49.35 +0.16 .3275 43.85 20.28 RE/MAX RMAX 2.2 68 40.89 +0.11 .23 50.79 24.84 SchweitzerMaud SWM 3.6 18 48.26 –0.28 .44
75.56 33.27 POSCO PKX .8 17 73.25 +1.67 .9031 20.75 3.50 REV REVG .0 dd 18.76 –0.47 .05 103.95 68.76 ScienceApplicat SAIC 1.7 24 85.19 +2.59 .37
156.57 81.43 PPG Ind PPG 1.4 34 150.47 –1.49 .54 619.52 116.62 RH RH ... 65 613.16 +17.53 ... 28.21 8.28 ScorpioTankers STNG 2.3 12 17.60 –1.03 .10 52-Week Tick Div 52-Week Tick Div
30.94 23.71 PPL PPL 5.8 15 28.64 –0.13 .415 117.84 66.31 RLI RLI .8 33 114.68 +1.28 .24 254.34 108.33 ScottsMiracleGro SMG 1.0 29 248.99 –1.01 .62 High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
18.90 8.98 PQ Group PQG .0 dd 16.66 –0.34 1.80 17.51 7.22 RLJ Lodging RLJ .3 dd 15.47 –0.23 .01 9.44 3.53 ScullyRoyalty SRL ... dd 8.73 +0.02 ...
60.50 18.74 ProgHoldings PRG .4 dd 43.93 –1.47 .0381 35.00 7.89 RLX Tech RLX ... ... 9.32 –1.63 ... 26.37 9.10 SculptorCapMgmt SCU 41.8 10 22.49 +0.28 2.35 387.44 128.03 Spotify SPOT ... dd 279.20 +6.10 ... 12.85 9.90 TailwindAcqn TWND.UT ... ... 10.69 +0.19 ...
51.83 24.55 PROS PRO ... dd 44.27 +0.85 ... 7.43 2.14 RPC RES ... dd 5.40 –0.25 ... 285.00 44.46 Sea SE ... dd 250.93 +14.48 ... 23.77 12.26 SpragueRscs SRLP 11.3 21 23.61 +1.23 .6675 11.65 9.55 TailwindAcqnA TWND ... ... 10.03 –0.07 ...
161.17 106.79 PSBusinessParks PSB 2.7 41 158.00 –1.20 1.05 98.35 62.39 RPM RPM 1.7 26 91.76 –0.67 .38 22.86 10.49 SeabridgeGold SA ... dd 17.37 +0.38 ... 46.16 18.70 Sprott SII 2.5 39 40.46 +0.53 .25 2.75 0.62 TailwindAcqnWt TWND.WT ... ... 1.09 –0.09 ...
110.89 36.34 PVH PVH ... dd 110.50 +9.52 ... 12.95 4.79 RPTRealty RPT 2.6 dd 11.68 –0.10 .075 47.90 26.87 SealedAir SEE 1.4 15 46.69 +1.09 .16 283.19 56.12 Square SQ ... cc 261.65 +32.14 ... 10.67 9.74 TailwindIntlAcqn TWNI.UT ... ... 10.00 +0.08 ...
148.14 83.14 PackagingCpAm PKG 2.9 28 137.84 +2.27 1.00 4.70 0.93 RR Donnelley RRD ... dd 4.00 –0.19 ... 53.92 9.12 SeaWorldEnt SEAS ... dd 49.94 –1.12 ... 57.55 16.30 St.Joe JOE .7 58 44.79 +0.70 .08 ... ... TailwindIntlA TWNI ... ... 9.85 ... ...
58.36 18.10 PagerDuty PD ... dd 42.05 +0.88 ... 5.91 2.21 RYBEducation RYB ... dd 3.40 –0.28 ... 7.58 2.80 SelectEnergySvcs WTTR ... dd 4.91 –0.30 ... 55.29 33.94 StandardMotor SMP 2.4 17 42.48 –0.09 .25 ... ... TailwindIntlWt TWNI.WT ... ... .90 ... ...
62.83 19.27 PagSeguroDig PAGS ... 62 47.92 –0.61 ... 24.04 11.81 RadianGroup RDN 2.1 12 23.75 +0.49 .125 37.42 12.83 SelectMedical SEM ... 18 34.77 +0.25 ... 108.17 40.32 StandexInt SXI 1.0 71 96.42 +1.82 .24 10.19 9.74 TailwindTwo TWNT.UT ... ... 10.10 +0.10 ...
45.00 8.90 PalantirTech PLTR ... dd 24.04 +0.97 ... 52.87 11.22 Rafael RFL ... dd 41.08 +0.44 ... 32.55 15.76 SelectQuote SLQT ... 39 31.48 +1.47 ... 204.70 97.64 StanleyBlackDck SWK 1.4 26 201.91 +1.25 .70 142.20 47.96 TaiwanSemi TSM 1.1 36 122.80 –2.00 .3527
403.00 179.11 PaloAltoNtwks PANW ... dd 349.51 +21.46 ... 129.75 62.37 RalphLauren RL ... dd 127.54 +7.60 ... 137.47 112.16 SempraEnergy SRE 3.3 11 134.28 +2.48 1.10 124.17 67.73 StanleyB&D Un SWT 4.4 ... 120.00 –1.49 1.3125 20.00 15.30 TakedaPharm TAK 4.1 32 17.25 –1.39 .4305
15.25 9.14 PampaEnergia PAM ... 7 14.42 –0.57 ... 11.60 3.79 RangeResources RRC ... dd 9.00 –2.06 ... 13.33 10.62 Semrush SEMR ... dd 13.00 +0.22 ... 44.33 26.04 Stantec STN 1.2 39 44.25 +0.82 .1186 16.81 5.39 TalosEnergy TALO ... dd 11.73 –1.19 ...
20.18 5.91 ParPacific PARR ... dd 14.78 –0.57 ... 6.18 2.27 RangerEnergySvcs RNGR ... dd 5.48 –0.30 ... 13.86 11.45 SendasDistrib ASAI ... 23 13.57 +0.52 ... 11.12 7.00 StarGroup SGU 4.8 9 11.03 +0.20 .1325 22.40 5.00 Tanger SKT 4.3 dd 16.62 +0.93 .1775
90.35 13.14 ParTechnology PAR ... dd 83.72 +17.73 ... 22.06 6.63 Ranpak PACK ... dd 19.92 –0.38 ... 64.80 29.82 SensataTechs ST ... 57 58.55 –0.02 ... 13.25 10.07 StarPeakII STPC.UT ... ... 10.94 +0.52 ... 46.42 11.51 Tapestry TPR ... dd 44.93 +3.90 ...
10.56 5.54 ParamountGroup PGRE 2.7 dd 10.36 –0.06 .07 129.60 56.56 RaymondJames RJF 1.2 21 127.03 +0.52 .39 82.00 40.08 SensientTech SXT 2.0 31 79.44 +0.12 .39 12.25 9.70 StarPeak II A STPC ... ... 10.43 +0.40 ... 35.27 7.20 TargaResources TRGP 1.3 dd 31.04 –1.06 .10
15.57 10.51 ParkAerospace PKE 2.9 46 13.95 +0.15 .10 11.30 0.95 RayonierAdvMatls RYAM ... cc 9.65 +0.19 ... 9.57 3.87 SequansComms SQNS ... ... 6.30 –0.05 ... 4.68 1.30 StarPeak II Wt STPC.WT ... ... 2.08 +0.62 ... 207.38 100.50 Target TGT 1.3 24 205.36 +4.64 .68
24.67 6.53 ParkHotels PK ... dd 21.46 –0.36 ... 35.75 20.23 Rayonier RYN 3.1 cc 34.68 +1.09 .27 24.06 6.03 SeritageGrowth SRG ... dd 18.27 –0.66 ... 60.99 9.89 StarPeakEner STPK.UT ... ... 37.53 +4.96 ... 80.00 53.95 TaroPharm TARO ... dd 72.83 –1.76 ...
323.80 123.32 ParkerHannifin PH 1.1 29 321.09 +4.88 .88 80.06 51.13 RaytheonTech RTX 2.4 dd 78.29 +1.01 .475 54.67 33.93 ServiceCorp SCI 1.6 18 51.72 –0.65 .21 51.49 9.60 StrPeakEnerA STPK ... ... 31.14 +4.19 ... 23.70 4.61 TataMotors TTM ... dd 21.24 +0.21 ...
43.37 30.08 Parsons PSN ... 44 41.80 +1.33 ... 15.48 4.32 ReadyCapital RC 2.9 18 13.75 +0.20 .10 598.37 273.76 ServiceNow NOW ... cc 530.00 +22.99 ... 32.98 0.96 StrPeakEnerWt STPK.WT ... ... 18.28 +3.57 ... 32.68 10.17 TaylorMorrison TMHC ... 17 31.64 –0.03 ...
9.21 0.36 PartyCity PRTY ... dd 6.01 –0.03 ... 18.94 3.23 Realogy RLGY ... dd 15.48 –0.24 ... 138.38 40.56 ShakeShack SHAK ... dd 114.63 +1.18 ... 7.54 2.51 Starrett A SCX ... dd 6.32 –0.22 ... 13.84 3.75 Team TISI ... dd 11.89 –0.12 ...
471.08 205.06 PaycomSoftware PAYC ... cc 381.23 +4.48 ... 66.80 47.68 RealtyIncome O 4.3 57 65.19 +0.08 .235 28.17 15.16 ShawComm B SJR 3.4 27 26.80 +0.35 .0776 9.80 2.75 Startek SRT ... dd 7.96 +0.12 ... 9.36 3.66 TechnipFMC FTI ... dd 7.55 –0.43 ...
19.57 9.60 Paysafe PSFE ... ... 13.87 –0.73 ... 14.12 10.03 RedBallAcqn RBAC.UT ... ... 10.45 +0.07 ... 16.18 8.17 ShellMidstream SHLX 13.0 12 14.11 +0.17 .46 25.59 10.72 StarwoodProp STWD 7.7 22 24.84 +0.06 .48 23.93 6.79 TeckRscsB TECK .8 dd 19.82 +0.27 .0391
6.15 0.92 PaysafeWt PSFE.WT ... ... 4.29 –0.35 ... 12.40 9.76 RedBallAcqnA RBAC ... ... 10.07 +0.11 ... 259.69 157.63 SherwinWilliams SHW .9 35 255.29 +5.54 .55 87.89 51.21 StateStreet STT 2.4 14 86.47 +1.52 .52 4.88 1.70 Teekay TK ... dd 3.20 –0.10 ...
5.30 0.80 PeabodyEnergy BTU ... dd 3.32 +0.31 ... 3.29 1.11 RedBallAcqnWt RBAC.WT ... ... 1.42 +0.03 ... 104.11 30.00 Shift4Paymts FOUR ... dd 101.40 +14.33 ... 14.50 4.31 SteelPartners SPLP ... dd 14.47 +0.61 ... 15.25 9.90 TeekayLNG un TGP 6.8 22 14.67 +0.22 .25
11.90 5.08 Pearson PSO 2.4 21 11.09 +0.35 .1885 10.87 3.03 RedwoodTrust RWT 6.2 dd 10.37 –0.32 .16 33.78 21.61 ShinhanFin SHG 3.5 6 33.08 +0.14 1.6738 16.85 8.55 Steelcase SCS 2.8 65 14.29 –0.18 .10 26.92 8.90 TeekayTankers TNK ... 5 13.55 –0.69 ...
26.42 8.58 PebblebrookHotel PEB .2 dd 23.97 –0.39 .01 159.64 61.46 RegalBeloit RBC .8 31 143.20 –2.45 .30 1499.75 417.81 Shopify SHOP ... cc 1227.30 +71.89 ... 18.43 7.08 Stellantis STLA .0 dd 17.75 –0.16 .3813 17.90 12.48 TejonRanch TRC ... dd 16.08 –0.73 ...
30.95 18.14 PembinaPipeline PBA 6.6 dd 29.18 –0.05 .1674 38.22 10.33 RegionalMgmt RM 2.2 15 36.18 +1.42 .20 96.50 33.45 Shutterstock SSTK .9 47 92.90 +1.54 .21 131.72 83.66 Stepan SCL 1.0 23 127.72 –1.78 .305 308.00 147.71 TeladocHealth TDOC ... dd 181.26 –1.53 ...
2.93 0.36 PA Reit PEI 4.1 dd 1.96 –0.09 .02 22.61 8.41 RegionsFin RF 2.9 21 21.23 +0.17 .155 20.40 6.09 Sibanye-Stillwater SBSW 4.3 7 18.27 –0.16 .1188 203.91 138.66 Steris STE .8 40 199.15 +5.65 .40 11.56 5.25 TelecomArgentina TEO 23.7 dd 5.25 –0.31 .9972
70.99 23.46 PennyMacFin PFSI 1.4 3 58.68 –6.99 .20 14.39 4.80 Regis RGS ... dd 12.87 +0.05 ... 65.84 7.04 SignetJewelers SIG ... dd 61.08 +3.76 ... 26.37 8.99 SterlingBancorp STL 1.2 21 23.18 –0.16 .07 424.05 289.19 TeledyneTech TDY ... 40 419.72 +2.29 ...
20.42 7.91 PennyMacMtg PMT 9.3 89 20.29 +0.30 .47 134.21 66.99 ReinsGrp RGA 2.2 21 129.15 +1.72 .70 40.79 22.13 SignifyHealth SGFY ... dd 26.24 –3.64 ... 58.36 25.81 StewartInfo STC 2.3 10 58.30 +5.26 .33 434.98 312.33 Teleflex TFX .3 60 427.09 +12.94 .34
85.56 28.57 PenskeAuto PAG 2.0 12 83.47 +2.60 .43 17.93 10.20 ReinventTechPtrs RTP.UT ... ... 10.60 –0.09 ... 9.50 2.34 SilverBowRscs SBOW ... dd 7.78 –0.22 ... 68.94 25.18 StifelFinancial SF .9 16 67.10 +1.32 .15 10.31 7.08 TelefonicaBras VIV 9.2 13 7.90 +0.14 .0139
63.35 29.14 Pentair PNR 1.3 29 62.07 –0.32 .20 17.00 9.86 ReinventTechA RTP ... ... 10.17 ... ... 187.86 9.50 SilvergateCapital SI ... cc 163.20 +19.71 ... 43.02 21.22 STMicroelec STM .4 33 39.53 +0.18 .042 5.69 3.22 Telefonica TEF 7.0 16 4.57 +0.04 .2371
314.22 153.79 Penumbra PEN ... dd 272.03 –2.28 ... ... 11.66 9.97 SimonPropAcqn SPGS.UT ... ... 10.30 +0.20 ... 5.37 0.46 StoneMor STON ... dd 1.87 –0.07 ... 25.62 16.97 TelekmIndonesia TLK 2.6 18 23.01 –0.60 .824
5.89 1.81 ReinventTechWt RTP.WT ... 1.82 –0.28 ... 38.20 15.55 Stoneridge SRI ... dd 30.50 –1.36 ...
59.89 19.63 PerformanceFood PFGC ... dd 58.03 +0.46 ... 15.80 10.25 ReinventTechZ RTPZ.UT ... ... 10.50 +0.20 ... 121.92 47.25 SimonProperty SPG 4.5 30 115.91 +0.71 1.30 24.51 16.38 Telephone&Data TDS 3.0 12 23.23 –0.02 .175
17.98 9.90 PeridotAcqn PDAC.UT ... ... 11.85 +0.16 ... ... 25 52.84 20.39 Stride LRN ... 27 32.92 +1.17 ... 40.08 9.97 TempurSealy TPX .7 24 38.93 +1.51 .07
15.05 9.96 ReinventTechZ A RTPZ ... 10.12 –0.02 ... 109.85 57.42 SimpsonMfg SSD .9 106.22 +0.87 .23 253.46 168.49 Stryker SYK 1.0 60 253.32 +10.37 .63
15.74 9.60 PeridotAcqnA PDAC ... ... 10.89 +0.18 ... 4.82 1.24 ReinventTechZ Wt RTPZ.WT ... ... 1.75 +0.04 ... 11.50 6.62 SiriusPoint SPNT ... 7 10.37 +0.05 ... 23.81 8.86 Tenaris TS .0 dd 21.74 –1.40 .14
27.00 11.87 StudioCity MSC ... dd 13.95 +0.45 ...
4.67 0.66 PeridotAcqnWt PDAC.WT ... ... 1.94 +0.17 ... 159.02 80.06 RelianceSteel RS 1.8 27 154.26 –1.39 .6875 181.98 66.02 SiteOneLandscape SITE ... 66 181.24 +7.60 ... 90.74 50.26 SturmRuger RGR 3.0 13 68.51 +0.79 .71
32.25 10.30 TencentMusic TME ... 53 19.22 –0.89 ...
10.09 9.75 PeridotAcqnII PDOT.UT ... ... 10.01 +0.04 ... 201.29 137.90 RenaissanceRe RNR .9 11 169.02 +4.02 .36 51.75 14.04 SixFlags SIX ... dd 46.89 –0.51 ... 57.88 15.19 TenetHealthcare THC ... 14 52.19 +1.00 ...
18.18 12.08 SuburbanPropane SPH 8.0 16 15.02 –0.01 .30
27.38 24.28 PeriphasCap PCPC.UT ... ... 24.89 +0.34 ... 35.77 0.91 ReneSola SOL ... dd 10.35 –1.08 ... 43.64 22.61 SkechersUSA SKX ... 68 43.17 +1.59 ... 7.95 4.86 SumitomoMits SMFG 4.3 10 7.15 –0.05 .1827
83.16 48.80 Tennant TNC 1.1 45 81.19 +0.54 .23
26.49 23.35 PeriphasCapA PCPC ... ... 24.60 +0.55 ... 11.84 0.70 Renren RENN ... ... 8.50 –0.43 ... 46.30 9.81 Skillz SKLZ ... dd 17.26 –1.49 ... 13.12 3.51 Tenneco TEN ... dd 10.75 ... ...
11.32 4.27 SummitHotelProp INN ... dd 9.98 –0.52 ...
5.50 1.51 PeriphasCapWt PCPC.WT ... ... 1.80 –0.36 ... 103.79 75.34 RepublicSvcs RSG 1.6 34 103.55 +3.83 .425 33.37 1.35 SkillzWt SKLZ.WT ... ... 5.88 –1.46 ... 31.00 10.37 SummitMaterials SUM ... 24 29.18 +1.37 ...
59.58 17.99 Teradata TDC ... 35 39.91 +0.98 ...
162.70 75.70 PerkinElmer PKI .2 21 133.39 +3.51 .07 31.67 3.99 ResideoTech REZI ... cc 28.06 –1.54 ... 47.92 14.97 SkylineChamp SKY ... 46 46.28 –1.14 ... 33.75 8.85 SummitMidstream SMLP ... 0 21.00 –2.65 ...
50.09 11.54 Terex TEX 1.1 cc 44.62 –1.65 .12
4.70 2.11 PermianBasin PBT 3.8 17 3.88 –0.24 .0115 224.43 149.16 ResMed RMD .8 42 199.16 +4.72 .39 44.57 23.36 SlackTech WORK ... dd 42.29 +1.04 ... 55.00 24.87 Terminix TMX ... cc 48.32 –0.29 ...
157.70 115.77 SunComms SUI 2.2 cc 152.74 –0.06 .83
2.07 0.46 PermianvilleRT PVL 11.3 9 1.43 –0.09 .0038 12.16 1.34 ResoluteForest RFP ... cc 12.08 +1.36 ... 85.43 40.21 Smartsheet SMAR ... dd 64.85 –0.51 ... 52.15 30.29 SunLifeFinancial SLF 3.4 17 51.37 +0.33 .4344 64.24 44.53 TerrenoRealty TRNO 1.9 52 59.96 +0.75 .29
7.09 1.70 PermRock PRT 2.7 35 5.43 –0.56 .0465 68.48 40.18 RestaurantBrands QSR 3.2 42 66.80 +1.25 .53 70.13 37.92 SmithAO AOS 1.5 32 67.27 –0.60 .26 7.70 2.33 SunCokeEnergy SXC 3.8 cc 6.30 –0.47 .06 3.08 0.22 TetraTech TTI ... dd 2.63 –0.17 ...
58.83 38.20 Perrigo PRGO 2.4 dd 40.53 –0.15 .24 12.21 4.01 RetailPropofAmer RPAI 2.6 cc 10.87 +0.10 .07 46.10 34.29 Smith&Nephew SNN 1.9 37 38.50 +0.31 .462 23.69 10.67 SuncorEnergy SU 3.2 dd 20.87 –0.66 .1624 13.30 8.44 TevaPharm TEVA ... dd 11.04 –0.44 ...
34.10 21.50 PershingSquare PSTH ... dd 25.36 +0.89 ... 20.23 9.27 RetailValue RVI 5.8 dd 19.96 +0.97 1.16 132.38 101.89 Smucker SJM 2.8 15 128.21 +1.96 .90 2.95 0.82 SunlandsTech STG ... dd 1.04 –0.06 ... 1710.50 427.69 TexasPacLand TPL .7 61 1598.19 –1.81 2.75
17.80 5.20 PershingSquWt PSTH.WT ... ... 9.35 +0.40 ... 19.00 3.96 Revlon REV ... dd 11.09 –1.14 ... 73.59 12.44 Snap SNAP ... dd 63.27 +8.78 ... 57.70 9.98 SunnovaEnergy NOVA ... dd 35.46 –5.60 ... 31.73 6.75 Textainer TGH ... 20 28.17 –1.10 ...
29.62 17.36 Perspecta PRSP 1.0 dd 29.17 +0.10 .07 55.83 9.55 Revolve RVLV ... 66 51.88 +6.56 ... 236.52 107.20 SnapOn SNA 2.1 21 235.59 +3.85 1.23 33.28 17.66 Sunoco SUN 10.0 21 32.94 +0.50 .8255 58.75 21.92 Textron TXT .1 43 58.38 +1.35 .02
40.49 27.68 PetroChina PTR 6.5 24 35.24 –1.28 1.336 116.86 48.48 RexAmerRes REX ... cc 86.26 –2.88 ... 429.00 205.07 Snowflake SNOW ... dd 226.89 –9.90 ... 13.74 6.68 SunstoneHotelInv SHO ... dd 12.25 –0.46 ... 532.57 309.18 ThermoFisherSci TMO .2 30 478.88 +22.58 .26
11.89 5.51 PetroleoBrasil PBR 4.5 dd 8.29 +0.02 .0867 53.28 35.68 RexfordIndlRealty REXR 1.8 cc 52.88 +1.05 .24 10.34 1.85 SocialCapHedV Wt IPOE.WT ... ... 6.20 +0.50 ... 7.39 1.10 SuperiorIndsIntl SUP ... dd 5.58 –0.30 ... 22.61 9.98 Thermon THR ... dd 19.40 +0.06 ...
11.72 5.44 PetroleoBrasilA PBR.A ... dd 8.35 –0.01 ... 51.54 23.29 Rexnord RXN .7 41 48.58 +0.66 .09 19.47 10.56 SocialCapHedIV IPOD.UT ... ... 12.20 +0.41 ... 10.15 9.71 SupernovaPtrsIII STRE.UT ... ... 10.10 +0.10 ... 13.19 10.03 ThomaBravoAdv TBA ... ... 10.25 –0.24 ...
43.08 29.94 Pfizer PFE 4.3 21 36.60 +0.30 .39 16.36 10.68 RibbitLeapA LEAP ... ... 11.54 +0.40 ... 6.68 2.03 SocialCapHedosIVWt IPOD.WT ... ... 3.06 +0.54 ... 10.70 9.81 SupernovaPtrsII SNII.UT ... ... 10.15 +0.13 ... 91.15 64.47 ThomsonReuters TRI 1.8 41 91.04 +1.45 .405
91.25 66.85 PhilipMorris PM 5.3 18 91.07 +3.01 1.20 17.00 11.00 RibbitLeapUn LEAP.UT ... ... 12.59 +1.27 ... 18.31 10.51 SocialCapHedIV A IPOD ... ... 11.51 +0.34 ... 13.75 10.05 SupernovaPtrs SPNV.UT ... ... 10.84 +0.08 ... 152.20 45.79 ThorIndustries THO 1.2 19 134.40 –2.42 .41
90.59 43.27 Phillips66 PSX 4.6 dd 79.03 –4.13 .90 7.70 1.92 RibbitLeapWt LEAP.WT ... ... 3.00 +0.15 ... 30.92 10.18 SocialCapHedV IPOE.UT ... ... 19.40 +0.90 ... 13.00 9.93 SupernovaPtrsA SPNV ... ... 10.06 –0.05 ... 56.50 4.60 3D Systems DDD ... dd 23.90 –3.15 ...
48.51 21.28 Phillips66Ptrs PSXP 10.9 10 32.01 –1.17 .875 20.15 9.91 RiceAcqn RICE.UT ... ... 20.15 +8.75 ... 28.26 10.37 SocialCapHedV A IPOE ... ... 17.77 +0.50 ... 4.04 1.33 SupernovaPtrsWt SPNV.WT ... ... 1.88 –0.05 ... 198.96 131.12 3M MMM 3.0 21 198.00 +5.30 1.48
2.83 1.12 PhoenixNewMedia FENG .0 2 1.74 –0.03 1.3712 17.30 9.62 RiceAcqnA RICE ... ... 17.30 +7.20 ... 19.35 10.05 SocialCapHedVI IPOF.UT ... ... 11.71 +0.35 ... 12.72 9.70 SustOppsAcqnA SOAC ... dd 9.98 +0.04 ... 15.92 4.09 Tidewater TDW ... dd 12.03 –0.97 ...
81.59 18.00 Phreesia PHR ... dd 52.88 –2.25 ... 5.88 1.11 RiceAcqnWt RICE.WT ... ... 5.47 +4.03 ... 17.81 10.23 SocialCapHedVI A IPOF ... ... 10.96 +0.31 ... 14.18 9.85 SustOppsAcqnUn SOAC.UT ... ... 10.60 +0.30 ... 2.62 0.41 TidewaterWtA TDW.WTA ... ... 1.65 –0.03 ...
20.13 14.20 PhysiciansRealty DOC 5.0 58 18.26 –0.02 .23 449.00 202.59 RingCentral RNG ... dd 317.30 +12.29 ... 6.97 1.81 SocialCapHedVI Wt IPOF.WT ... ... 3.00 +0.26 ... 3.65 0.67 SustOppsAcqnWt SOAC.WT ... ... 1.24 +0.30 ... 2.00 0.17 TidewaterWtB TDW.WTB ... ... 1.36 +0.04 ...
19.99 11.26 PiedmontOfficeA PDM 4.8 10 17.59 –0.21 .21 92.85 44.11 RioTinto RIO 5.8 13 79.40 +1.42 .93 1.25 0.97 SocialLvgI Wt SLAC.WT ... ... 1.12 ... ... 14.45 6.29 Suzano SUZ ... dd 12.59 +0.46 ... 11.36 9.71 TigaAcqnA TINV ... ... 10.15 +0.10 ...
16.07 9.89 PineIslandAcqn PIPP.UT ... ... 10.55 +0.05 ... 78.64 37.72 RitchieBros RBA 1.4 40 62.43 +1.95 .22 11.20 9.85 SocialLvgI SLAC.UT ... ... 10.11 +0.14 ... 19.99 13.38 Switch SWCH 1.2 cc 17.32 +0.58 .05 12.88 9.80 TigaAcquisitionUn TINV.UT ... ... 10.93 +0.28 ...
14.94 9.71 PineIslandA PIPP ... ... 10.02 ... ... 32.48 8.86 RiteAid RAD ... dd 20.10 –0.84 ... 10.28 9.70 SocialLvgI A SLAC ... ... 9.85 ... ... 13.47 10.03 SwitchbackII SWBK.UT ... ... 10.51 +0.14 ... 2.80 1.00 TigaAcqnWt TINV.WT ... ... 1.30 ... ...
4.00 1.16 PineIslandWt PIPP.WT ... ... 1.55 +0.11 ... 83.50 38.95 RobertHalf RHI 1.9 30 81.35 +3.69 .38 60.30 20.35 SOQUIMICH SQM .2 86 53.54 –0.74 .3696 11.32 9.70 SwitchbackII A SWBK ... ... 10.15 +0.20 ... 13.18 3.69 Tilly's TLYS ... dd 12.27 +1.04 ...
37.80 19.97 PingIdentity PING ... dd 22.49 –0.15 ... 79.10 60.50 Roblox RBLX ... dd 71.83 +4.49 ... 5.00 0.45 SociedadQuimicaRt SQM.RT ... ... 3.29 –0.97 ... 5.00 1.80 SwitchbackII Wt SWBK.WT ... ... 2.20 +0.29 ... 16.31 9.92 Tim TIMB 2.8 12 11.06 +0.22 .24
91.88 69.29 PinnacleWest PNW 4.1 17 81.77 –0.04 .83 43.00 17.50 RocketCos. RKT .0 1 22.75 +0.20 1.11 8.94 2.95 Sogou SOGO ... dd 8.53 +0.83 ... 43.61 14.02 SynchronyFin SYF 2.1 19 42.80 +1.14 .22 87.92 32.10 Timken TKR 1.4 22 81.51 –0.65 .29
89.90 15.82 Pinterest PINS ... dd 85.53 +7.80 ... 10.30 9.90 RocketInternet RKTA.UT ... ... 10.19 +0.16 ... 15.08 5.06 SolarisOilfield SOI 3.6 dd 11.74 –1.08 .105 121.50 35.16 Synnex SNX .0 13 119.99 +3.01 .20 12.85 2.16 TimkenSteel TMST ... dd 11.91 +0.42 ...
169.49 67.00 PioneerNatRscs PXD 1.5 dd 147.19 –17.41 .56 275.43 154.80 Rockwell ROK 1.6 24 264.59 +1.15 1.07 24.34 13.98 SolarWinds SWI ... 36 17.78 –0.10 ... 50.51 14.66 SynovusFin SNV 2.9 20 45.97 –0.24 .33 10.77 1.05 TItanIntl TWI ... dd 9.97 +0.36 ...
124.03 47.36 PiperSandler PIPR 1.4 47 115.37 +2.88 1.85 52.84 37.84 RogersComm B RCI 3.3 20 48.26 +1.32 .3914 56.07 14.09 SonicAutomotive SAH .8 dd 50.98 +1.86 .10 83.97 44.10 Sysco SYY 2.2 dd 80.86 +2.87 .45 60.53 19.37 Toll Bros TOL 1.1 16 60.34 +1.35 .17
15.50 1.95 PitneyBowes PBI 2.4 dd 8.34 +0.04 .05 199.50 92.01 Rogers ROG ... 73 194.09 +1.43 ... 65.37 42.41 SonocoProducts SON 2.8 31 64.13 +0.13 .45 45.35 16.87 Systemax SYX 1.5 26 43.97 +1.70 .16 57.26 28.15 TootsieRoll TR 1.1 37 32.45 –0.56 .0874
10.84 9.69 PivotalInvIII PICC.UT ... ... 10.09 +0.09 ... 43.00 23.03 Rollins ROL .9 67 35.43 +0.60 .08 118.50 59.51 Sony SONY .3 14 111.79 +4.93 .2391 224.89 68.66 TopBuild BLD ... 30 219.27 +5.68 ...
10.00 9.80 ... 7.71 107.24 57.89 Toro TTC 1.0 31 106.25 +0.89 .2625
T
PivotalInvtIII A PICC ... 9.88 –0.04 ... 38.90 RomeoPower RMO ... dd 9.63 +1.35 ... 30.25 18.24 SoJerseyInd SJI 4.9 15 24.62 +1.56 .3025
1.25 0.85 PivotalInvtIII Wt PICC.WT ... ... .98 –0.22 ... 455.72 304.55 RoperTech ROP .5 47 421.58 +11.23 .5625 54.53 48.00 SouthJerseyUn SJIV 8.6 ... 53.59 +3.19 1.0938 67.23 37.62 TorontoDomBk TD 3.8 13 66.15 +0.41 .5968
90.34 45.87 PlanetFitness PLNT ... dd 85.74 +7.22 ... 10.64 9.75 RossAcqnII ROSS.UT ... ... 10.00 +0.04 ... 48.89 32.07 SouthJerseyIndsUn SJIU 8.6 ... 41.96 +2.74 .9063 18.33 9.46 Tortoise II A SNPR ... ... 10.49 –0.40 ...
50.89 10.60 Plantronics PLT ... dd 38.01 –2.32 ... 10.90 9.92 RotorAcqn ROT.UT ... ... 10.42 +0.42 ... 64.93 50.40 Southern SO 4.1 21 62.73 +0.40 .64 90.96 47.15 TAL Education TAL ... dd 58.51 +2.20 ... 19.70 10.15 TortoiseAcqnII SNPR.UT ... ... 11.10 –0.40 ...
10.39 2.30 PlayAGS AGS ... dd 7.97 –0.46 ... 10.10 9.61 RotorAcqnA ROT ... ... 9.95 +0.23 ... 52.95 43.34 SouthernUnSeriesA SOLN 6.5 ... 51.81 +0.42 .8438 49.95 38.80 TC Energy TRP 5.9 13 46.82 +0.01 .6328 6.16 1.25 Tortoise II Wt SNPR.WT ... ... 2.66 –0.65 ...
17.48 10.63 PlymouthIndREIT PLYM 4.6 dd 17.24 +0.15 .20 1.16 0.51 RotorAcqnWt ROT.WT ... ... 1.05 +0.44 ... 83.15 28.05 SoCopper SCCO 3.4 35 70.98 +1.57 .60 10.23 9.80 TCW Spac TSPQ.UT ... ... 10.00 –0.02 ... 50.41 28.65 Total TOT ... dd 44.99 –1.39 ...
140.93 52.42 Polaris PII 1.8 73 138.32 +3.39 .63 94.37 57.11 RoyalBkCanada RY 3.6 15 93.48 +1.00 .8576 64.64 22.47 SouthwestAir LUV ... dd 63.42 +2.12 ... 136.01 62.88 TE Connectivity TEL 1.5 cc 131.54 +0.75 .50 12.51 4.09 TownsquareMedia TSQ ... dd 10.22 –0.79 ...
10.91 9.70 Pontem PNTM.UT ... ... 10.01 +0.10 ... 99.24 31.41 RoyalCaribbean RCL ... dd 89.88 +3.21 ... 81.62 57.00 SouthwestGas SWX 3.4 17 69.20 +0.96 .595 20.78 9.66 Tegna TGNA 1.9 9 20.40 +0.90 .095 163.37 115.19 ToyotaMotor TM 2.4 15 154.28 +0.12 2.0602
10.05 9.43 PontemA PNTM ... ... 9.73 +0.04 ... 44.50 23.07 RoyalDutchA RDS.A 2.9 dd 38.91 –1.28 .333 4.88 2.10 SouthwesternEner SWN ... dd 4.12 –0.73 ... 21.85 15.33 Telus TU 4.7 29 20.62 +0.39 .2389 169.62 73.73 TraneTech TT 1.4 48 169.55 +4.11 .59
1.55 0.71 PontemWt PNTM.WT ... ... .84 +0.07 ... 42.29 21.79 RoyalDutchB RDS.B 3.5 dd 36.79 –0.67 .333 18.71 10.15 SpartanAcqnII SPRQ.UT ... ... 10.99 –0.26 ... 33.60 26.92 TelusIntl TIXT ... ... 28.57 +0.44 ... 9.97 5.05 Transalta TAC 1.4 dd 9.85 +0.20 .0353
52.13 31.96 PortlandGenElec POR 3.3 28 48.82 +1.58 .4075 26.55 9.51 RushStreetInt RSI ... dd 15.40 –1.14 ... 11.08 9.81 SpartanAcqnIII SPAQ.UT ... ... 10.15 +0.13 ... 40.55 12.04 Ternium TX ... 10 38.56 –0.51 ... 40.42 16.50 TrancntlRlty TCI ... 28 21.50 –1.07 ...
109.45 81.38 PostHoldings POST ... dd 106.17 +0.20 ... 79.90 25.52 RyderSystem R 2.9 dd 77.17 +0.26 .56 10.00 9.71 SpartanAcqnIII A SPAQ ... ... 9.90 +0.10 ... 81.46 22.33 TFI Intl TFII 1.2 25 76.01 –0.64 .23 626.00 296.41 TransDigm TDG ... 90 615.24 +11.53 ...
19.48 12.65 PostalRealty PSTL 4.7 dd 17.70 +0.40 .2175 19.46 3.76 RyersonHolding RYI ... dd 15.82 –0.93 ... 1.40 0.86 SpartanAcqnIII Wt SPAQ.WT ... ... 1.12 +0.21 ... 71.06 42.52 TJX TJX 1.5 cc 69.45 +3.47 .26 4.81 0.65 Transocean RIG ... dd 3.27 –0.37 ...
28.82 5.70 PrecisionDrilling PDS ... dd 24.28 +1.08 ... 86.58 22.01 RymanHospitality RHP ... dd 76.64 –2.21 ... 16.66 9.73 Spartan II A SPRQ ... ... 10.07 –0.22 ... 10.50 9.79 TLG Acqn One TLGA.UT ... ... 9.98 +0.04 ... 6.77 3.91 TransportadGas TGS ... 17 4.61 –0.26 ...
10.97 5.01 PrefApartment APTS 6.8 dd 10.29 –0.06 .175 4.21 1.45 Spartan II Wt SPRQ.WT ... ... 1.87 –0.02 ... 9.77 9.50 TLGAcqnOneA TLGA ... ... 9.74 +0.05 ... 102.80 65.94 TransUnion TRU .3 54 95.85 +3.59 .075
90.62
47.98
14.55
32.20
6.97
PrestigeCnsHlth
PretiumResources
PBH
PVG
...
...
13
dd
43.75
11.40
+0.68
+0.43
...
... S 79.20
34.54
50.58
SpectrumBrands
Spire
SPB
SR
1.9
3.4
20
41
90.52
76.16
+4.00
+2.79
.42
.65
1.00
37.36
0.54
10.00
TLGAcqnOneWt
TPGPaceBenFin
TLGA.WT
TPGY.UT
...
...
...
...
.65
19.45
+0.08
–1.64
...
...
65.54
161.19
20.38
85.10
Travel+Leisure
Travelers
TNL
TRV
1.9
2.2
dd
14
64.10
151.65
+1.60
+1.03
.30
.85
11.75 9.90 PrimaveraCap PV.UT ... ... 10.34 +0.14 ... 53.63 15.66 SpiritAeroSys SPR .1 dd 47.91 –1.68 .01 34.28 9.76 TPGPaceBenA TPGY ... ... 18.10 –2.21 ... 12.87 10.10 TrebiaAcqn TREB.UT ... ... 10.51 +0.03 ...
10.25 9.57 PrimaveraCapA PV ... ... 10.00 +0.17 ... 169.30 104.64 SAP SAP .9 27 133.79 +8.04 1.7337 40.77 7.25 SpiritAirlines SAVE ... dd 37.23 –0.13 ... 12.00 1.55 TPGPaceBenWt TPGY.WT ... ... 7.00 –1.03 ... 11.99 9.72 TrebiaAcquisition TREB ... ... 10.18 +0.17 ...
1.54 0.61 PrimaveraCapWt PV.WT ... ... .80 ... ... 379.87 265.92 S&P Global SPGI .8 38 369.10 +6.45 .77 45.25 23.88 SpiritRealtyCap SRC 5.7 cc 43.87 +0.42 .625 10.18 10.00 TPG Pace Solns TPGS ... ... 10.11 ... ... 2.98 0.95 TrebiaAcqnWt TREB.WT ... ... 1.56 –0.13 ...
11.55 9.85 PrimeImpactI PIAI.UT ... ... 10.07 +0.02 ... 12.74 10.00 SC Health SCPE.UT ... ... 10.50 –0.09 ... 11.75 9.89 SportsEntAcqn SEAH.UT ... ... 10.62 +0.32 ... 12.50 9.56 TPGPaceTechA PACE ... ... 10.02 +0.06 ... 8.35 4.67 TrecoraResources TREC ... 6 7.81 +0.11 ...
10.98 9.51 PrimeImpactI A PIAI ... ... 9.91 +0.06 ... 10.81 9.80 SC Health SCPE ... dd 10.05 –0.05 ... 10.80 9.59 SportsEntA SEAH ... ... 9.94 +0.13 ... 4.60 1.26 TPGPaceTechWt PACE.WT ... ... 1.33 –0.05 ... 23.71 12.80 Tredegar TG 3.2 dd 15.23 –0.14 .12
2.00 0.80 PrimeImpactIWt PIAI.WT ... ... .89 +0.03 ... 2.61 0.95 SC Health Wt SCPE.WT ... ... 1.38 –0.40 ... 2.03 0.90 SportsEntWt SEAH.WT ... ... 1.25 +0.14 ... 12.03 5.14 TPG RE Fin TRTX 7.0 dd 11.35 –0.05 .20 55.50 35.15 TreeHouseFoods THS ... cc 50.95 –2.55 ...
M16 BARRON’S April 12, 2021

Nasdaq Issues
Nasdaq Issues includes stocks traded on the Nasdaq Global Select and Nasdaq Global Market tiers. They are eligible for inclusion on the basis of SEC-approved market 52-Week Tick Div 52-Week Tick Div
value of publicly-held shares, trading volume, price and number of market-makers. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
36.48 22.28 ArrowFinancial AROW 3.1 13 33.50 –0.35 .26 198.61 71.71 Bandwidth BAND ... dd 128.56 +1.82 ...
52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 92.60 30.83 ArrowheadPharm ARWR ... dd 62.15 –4.92 ... 45.83 16.59 BankOZK OZK 2.8 18 39.80 –0.81 .28
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. 42.70 31.89 ArtesianRscs A ARTNA 2.6 22 40.00 +0.30 .2571 13.19 5.68 BankofCommerce BOCH 1.8 16 13.10 +0.17 .06
9.78 3.81 AestheticMed AIH ... dd 7.42 +0.08 ... 10.69 5.40 AmericanFin AFIN 8.9 dd 9.57 –0.30 .2125 92.77 19.68 Arvinas ARVN ... dd 63.49 –2.31 ... 30.00 17.40 BankofPrinceton BPRN 1.8 14 27.12 –1.33 .12
A 10.70 1.88 Affimed AFMD ... dd 9.74 +1.96 ... 36.50 18.53 AmNtlBcsh AMNB 3.3 12 32.57 –1.08 .27 183.98
6.75
117.46
1.26
AscendisPharma
AslanPharm
ASND
ASLN
...
...
dd
dd
125.61
3.35
–4.79
...
...
...
19.00
11.23
6.49
6.76
Bank7
BankFinancial
BSVN
BFIN
2.5
3.9 17
8 17.13
10.29
–0.39
–0.23
.11
.10
146.90 65.65 AffirmHldgs AFRM ... ... 70.71 –0.74 ... 116.01 64.27 AmericanNatl ANAT 3.0 6 110.57 +1.69 .82
29.02 16.20 Afya AFYA ... 34 21.87 +2.37 ... 30.01 12.24 AmOutdoorBrands AOUT ... ... 26.57 +0.50 ... 13.17 5.67 AspenGroup ASPU ... dd 5.80 –0.30 ... 28.79 12.51 BankwellFin BWFG 2.1 36 27.30 +0.32 .14
81.25 44.01 AAON AAON .5 47 70.16 –0.71 .19 162.56 91.15 AspenTech AZPN ... 35 153.07 +0.07 ... 60.42 27.76 Banner BANR 3.0 17 54.68 +0.73 .41
58.72 20.31 AcadiaPharm ACAD ... dd 20.39 –5.20 ... 64.09 15.51 Agilysys AGYS ... dd 50.42 +0.64 ... 41.09 21.99 AmericanPubEdu APEI ... 28 34.63 –1.66 ... 27.84 4.21 AssemblyBiosci ASMB ... dd 4.36 –0.20 ... 57.00 25.69 Baozun BZUN ... 38 35.15 –2.81 ...
43.23 21.85 ACI Worldwide ACIW ... 66 40.20 +1.39 ... 58.93 32.47 AgiosPharm AGIO ... dd 52.77 +0.15 ... 17.24 8.90 AmRvrBksh AMRB 1.7 14 16.60 +0.55 .07 79.62 34.50 AstecIndustries ASTE .6 37 75.86 –1.14 .11 77.74 38.13 BarrettBus BBSI 1.7 16 71.11 –0.19 .30
13.00 4.42 AC Immune ACIU ... dd 6.87 –0.82 ... 114.97 33.60 Agora API ... dd 56.49 +2.77 ... 21.92 13.25 AmerSoftware AMSWA 2.1 cc 20.65 –0.34 .11 64.94 45.39 AstraZeneca AZN 2.7 41 49.94 +0.41 .95 28.10 4.92 BassettFurniture BSET 2.2 dd 25.94 +1.76 .125
144.81 31.61 ACM Research ACMR ... cc 87.86 –2.22 ... 4.20 1.35 AgroFresh AGFS ... dd 2.15 +0.05 ... 31.78 5.09 AmerSupercond AMSC ... dd 18.61 –0.68 ... 19.58 6.30 Astronics ATRO ... dd 18.36 +0.12 ... 19.00 9.67 BayCom BCML ... 15 17.84 –0.11 ...
35.78 26.49 ACV Auctions ACVA ... dd 31.40 –2.50 ... 42.93 8.95 AirT AIRT ... dd 23.00 –0.73 ... 108.81 40.47 AmericanWoodmark AMWD ... 25 102.71 +3.46 ... 15.45 5.41 AstroNova ALOT ... 83 14.74 +1.06 ... 55.64 15.79 BeaconRoof BECN ... 90 55.32 +1.71 ...
4.20 1.57 ADMA Biologics ADMA ... dd 1.76 –0.07 ... 2.75 0.01 AirT Wt AIRTW ... ... .16 –0.03 ... 165.00 53.50 AmerCarMart CRMT ... 14 144.38 –6.26 ... 28.20 7.45 AtaraBiotherap ATRA ... dd 13.77 –1.14 ... 126.90 14.80 BeamTherap BEAM ... dd 70.23 –9.51 ...
24.95 19.75 AFC Gamma AFCG ... ... 22.39 +1.26 ... 32.43 17.75 AirTransportSvcs ATSG ... dd 29.40 –0.31 ... 57.81 17.12 AmerisBancorp ABCB 1.2 14 52.10 –1.14 .15 94.17 24.15 AteaPharm AVIR ... dd 56.51 –1.30 ... 5.15 1.15 BeasleyBroadcast BBGI ... dd 2.97 +0.08 ...
17.24 11.15 AGNC Invt AGNC 8.4 dd 17.06 +0.04 .12 219.94 121.50 Airbnb ABNB ... dd 179.50 –8.74 ... 5.34 2.50 AmeriServFin ASRV 2.6 14 3.80 –0.21 .025 15.24 3.93 Athenex ATNX ... dd 4.10 –0.30 ... 53.90 4.32 BedBath BBBY ... dd 30.03 +1.11 ...
2.78 0.28 ALJ Regional ALJJ ... dd 1.51 +0.06 ... 124.91 92.64 AkamaiTech AKAM ... 31 103.87 +1.04 ... 276.69 210.28 Amgen AMGN 2.8 20 248.95 –0.22 1.76 34.79 15.79 AthiraPharma ATHA ... ... 19.08 +0.69 ... 388.97 136.48 BeiGene BGNE ... dd 308.27 –34.01 ...
117.45 28.01 AlxOncology ALXO ... dd 63.77 –10.41 ... 13.71 2.09 AkebiaTherap AKBA ... dd 3.06 –0.27 ... 25.39 8.83 AmicusTherap FOLD ... dd 9.19 –0.87 ... 15.97 1.58 AtlanticAmerican AAME .5 7 3.85 –0.15 .02 21.59 6.55 BelFuse A BELFA 1.4 17 17.20 –1.10 .06
83.63 20.03 AMC Networks AMCX ... 11 51.62 –1.94 ... 41.16 18.36 AkeroTherap AKRO ... dd 27.76 –0.88 ... 27.50 8.51 AmkorTech AMKR .6 18 25.05 +0.49 .04 25.83 9.18 AtlCapitalBcshs ACBI ... 23 24.46 +0.26 ... 23.00 6.30 BelFuse B BELFB 1.5 18 18.98 –1.31 .07
70.26 53.90 Amerisafe AMSF 1.8 15 65.16 +1.40 .29 30.67 13.16 Akouos AKUS ... dd 13.87 –0.07 ... 22.69 15.50 AmphastarPharm AMPH ... cc 17.89 –0.20 ... 41.84 18.55 AtlUnionBkshs AUB 2.6 20 38.93 +0.35 .25 17.58 8.37 Benefitfocus BNFT ... dd 14.48 +0.57 ...
40.09 12.52 A-MarkPrecMet AMRK .0 5 38.70 +3.32 1.50 108.67 40.53 Alarm.com ALRM ... 58 88.78 +1.25 ... 15.50 10.06 AmrytPharma AMYT ... ... 14.00 +0.17 ... 48.49 22.42 AtlanticaSust AY 4.3 cc 38.81 +1.18 .42 54.62 27.00 BentleySystems BSY .2 ... 48.99 +1.05 .03
52.22 23.55 ANI Pham ANIP ... dd 31.86 –2.17 ... 3.92 1.81 AlaskaCommSys ALSK .0 dd 3.28 +0.01 .09 14.24 4.18 AmtechSystems ASYS ... dd 12.37 –0.42 ... 34.00 7.44 Atlanticus ATLC ... 7 28.46 –1.96 ... 113.53 42.03 BerkeleyLights BLI ... dd 47.24 –1.61 ...
413.19 234.21 Ansys ANSS ... 74 366.70 +14.85 ... 34.89 9.12 Alector ALEC ... dd 17.37 –2.63 ... 23.42 1.88 Amyris AMRS ... dd 16.59 –2.78 ... 69.08 23.11 AtlasAir AAWW ... 5 62.71 +1.48 ... 6.69 2.14 Berry(bry) BRY 2.9 dd 5.58 –0.44 .04
23.85 7.08 APA APA .6 dd 17.26 –1.59 .025 162.60 94.82 AlexionPharm ALXN ... 57 155.01 +1.80 ... 164.40 96.05 AnalogDevices ADI 1.7 43 161.24 +0.86 .69 11.29 4.95 AtlasTech ATCX ... dd 10.26 +0.22 ... 11.75 9.65 BespokeCap BSPE ... cc 10.11 +0.09 ...
24.66 9.26 ARKRestaurants ARKR ... dd 20.64 –0.29 ... 34.00 26.17 Alico ALCO 2.5 8 29.13 –0.38 .18 35.85 13.92 AnaptysBio ANAB ... dd 20.87 –0.92 ... 262.40 134.76 Atlassian TEAM ... dd 225.40 +2.34 ... 221.00 71.23 BeyondMeat BYND ... dd 130.37 –1.01 ...
653.00 272.01 ASML ASML .4 65 634.32 –2.78 1.8864 634.46 178.70 AlignTech ALGN ... 26 592.56 +47.51 ... 30.83 11.05 Andersons ANDE 2.5 cc 27.75 +0.17 .175 25.03 12.20 Atreca BCEL ... dd 12.29 –1.40 ... 33.20 12.54 BicycleTherap BCYC ... dd 28.38 –2.10 ...
19.75 0.61 ATA Creativity AACG ... dd 4.06 –0.13 ... 24.80 16.32 AlignmentHlthcr ALHC ... dd 23.83 +0.63 ... 19.17 5.42 Angi ANGI ... dd 14.88 +0.22 ... 68.00 34.04 AtriCure ATRC ... dd 65.90 +1.77 ... 17.77 0.86 Big5SportingGds BGFV 3.5 7 16.99 +0.51 .15
79.64 40.99 ATN Intl ATNI 1.4 dd 48.31 –2.28 .17 37.51 12.82 AligosTherap ALGS ... ... 21.47 –0.53 ... 24.50 8.05 AngioDynamics ANGO ... dd 23.77 +0.62 ... 745.00 567.00 Atrion ATRI 1.1 37 644.00 +0.60 1.75 162.50 50.59 BigCommerce BIGC ... dd 57.37 –1.38 ...
18.24 3.60 AveoPharma AVEO ... dd 6.82 –0.61 ... 12.25 3.82 AlimeraSciences ALIM ... dd 9.56 –0.30 ... 26.30 12.56 AngionBiomed ANGN ... ... 15.48 –2.35 ... 65.55 36.00 AuburnNatlBncp AUBN 2.7 18 38.08 –0.82 .26 157.66 25.00 Bilibili BILI ... dd 105.80 –6.18 ...
23.50 10.25 AVROBIO AVRO ... dd 11.32 –0.99 ... 23.92 13.03 Alkermes ALKS ... dd 19.02 –0.13 ... 47.48 27.54 AnikaTherap ANIK ... dd 39.80 –0.40 ... 44.94 21.33 AudioCodes AUDC 1.0 38 30.94 +3.23 .16 414.99 189.33 Bio-Techne TECH .3 93 408.72 +20.22 .32
15.84 3.41 AXT AXTI ... cc 12.41 +0.10 ... 157.98 55.51 Allakos ALLK ... dd 105.00 –9.10 ... 38.01 15.33 Annexon ANNX ... dd 24.93 –2.55 ... 20.50 12.01 AuriniaPharm AUPH ... dd 12.80 –0.34 ... 76.63 27.15 BioAtla BCAB ... ... 47.35 –3.74 ...
24.69 17.71 Abcam ABCM ... dd 19.89 +0.13 ... 43.34 20.88 AllegianceBcshs ABTX 1.2 18 40.29 –0.60 .12 12.09 3.15 AnPacBioMed ANPC ... ... 5.77 –0.24 ... 11.00 1.40 AuroraMobile JG ... dd 3.99 –0.31 ... 14.24 2.24 BioCryst BCRX ... dd 10.21 +0.26 ...
71.91 23.20 AbCelleraBio ABCL ... ... 28.35 –2.36 ... 271.29 63.50 AllegiantTravel ALGT ... dd 252.82 +8.07 ... 58.47 25.49 ApellisPharm APLS ... dd 41.56 –1.74 ... 321.13 156.91 Autodesk ADSK ... 55 297.57 +13.67 ... 5.45 3.04 BioDeliverySci BDSI ... 15 3.55 –0.19 ...
387.40 152.21 Abiomed ABMD ... 76 333.81 +18.47 ... 34.66 16.78 AllegroMicro ALGM ... cc 27.40 +0.14 ... 32.29 2.78 Aphria APHA ... dd 16.28 –1.84 ... 17.19 5.10 AutolusTherap AUTL ... dd 5.60 –0.31 ... 31.99 10.85 Biodesix BDSX ... ... 18.95 –1.33 ...
21.20 6.75 AbsoluteSftwr ABST 1.7 76 14.62 +0.63 .0601 3.39 1.00 AllenaPharm ALNA ... dd 1.30 –0.08 ... 42.70 15.82 ApogeeEnt APOG 2.2 67 36.55 –4.82 .20 193.77 127.31 ADP ADP 2.0 33 189.44 +0.04 .93 363.92 223.25 Biogen BIIB ... 11 268.17 –10.54 ...
9.09 2.23 AcaciaResearch ACTG ... 4 6.56 +0.17 ... 6.68 2.63 AllianceResource ARLP ... dd 5.77 –0.11 ... 7.96 1.25 ApolloEnd APEN ... dd 5.66 +0.16 ... 13.49 4.83 AvadelPharm AVDL ... cc 8.78 –0.27 ... 131.95 71.35 BioMarinPharm BMRN ... 18 77.07 –0.76 ...
33.74 12.05 AcademySports ASO ... ... 30.84 +1.80 ... 58.10 44.36 AlliantEnergy LNT 3.0 22 54.01 –0.35 .4025 14.94 7.15 ApolloInv AINV 8.6 dd 14.37 +0.50 .36 43.76 4.47 AviatNetworks AVNW ... 32 40.64 +2.08 ... 131.00 37.00 BioNTech BNTX ... cc 122.14 +8.27 ...
61.00 21.08 AcadiaHealthcare ACHC ... 27 59.71 +2.91 ... 55.09 24.36 AlliedMotionTech AMOT .2 37 53.20 +0.92 .02 186.59 91.36 AppFolio APPF ... 32 142.47 –0.53 ... 24.47 4.67 AvidTechnology AVID ... 92 22.21 +0.57 ... 19.51 10.74 Bioventus BVS ... ... 13.75 –1.48 ...
146.15 85.32 AcceleronPharma XLRN ... dd 126.85 –11.18 ... 55.00 22.20 AllogeneTherap ALLO ... dd 32.82 –2.11 ... 42.90 9.61 AppHarvest APPH ... dd 16.98 –0.86 ... 37.46 19.82 AvidityBio RNA ... dd 22.10 –0.31 ... 46.25 21.04 BlackDiamond BDTX ... dd 24.63 –0.84 ...
65.25 28.68 Accolade ACCD ... dd 47.18 +0.32 ... 20.19 8.46 Allot ALLT ... dd 19.00 +2.42 ... 18.58 0.39 AppHarvestWt APPHW ... ... 6.35 –0.15 ... 77.28 9.44 AvisBudget CAR ... dd 77.04 +2.83 ... 80.00 45.77 Blackbaud BLKB ... cc 71.97 +0.74 ...
6.02 1.68 Accuray ARAY ... 69 5.21 +0.24 ... 48.96 18.15 AlloVir ALVR ... dd 23.21 –0.27 ... 260.00 37.55 Appian APPN ... dd 134.17 –3.10 ... 43.70 24.30 Avnet AVT 1.9 dd 43.26 +1.24 .21 154.61 52.41 BlackLine BL ... dd 112.88 +1.58 ...
2.94 1.01 AcelRxPharm ACRX ... dd 1.40 –0.30 ... 17.96 5.28 AllscriptsHlthcr MDRX ... dd 15.47 +0.13 ... 145.09 66.36 Apple AAPL .6 36 133.00 +9.99 .205 6.52 2.35 Aware AWRE ... dd 3.66 –0.09 ... 3.85 2.21 BlackRockCapInvt BKCC 10.5 dd 3.80 +0.32 .10
18.95 13.72 AchillesTherap ACHL ... ... 13.78 –2.22 ... 178.41 114.30 AlnylamPharm ALNY ... dd 138.23 –3.58 ... 9.67 3.56 AppliedGenetic AGTC ... dd 4.41 –0.82 ... 50.21 18.92 AxcelisTechs ACLS ... 30 44.33 –3.27 ... 15.07 6.77 BlkRkTCPCap TCPC 8.2 12 14.56 +0.50 .30
30.38 1.02 AclarisTherap ACRS ... dd 28.96 +2.46 ... 43.00 7.50 Alpha&OmegaSem AOSL ... 59 33.63 –0.87 ... 146.00 46.22 ApplMaterials AMAT .7 33 138.91 –2.61 .24 7.73 3.25 AxcellaHealth AXLA ... dd 4.34 –0.49 ... 29.95 8.01 BloominBrands BLMN ... dd 28.13 +0.87 ...
9.84 2.53 AcordaTherap ACOR ... dd 4.19 –0.59 ... 2273.97 1182.33 Alphabet A GOOGL ... 39 2270.67 +140.89 ... 78.22 17.05 AppliedMolecular AMTI ... dd 48.93 –14.64 ... 212.37 65.50 AxonEnterprise AXON ... dd 149.42 +6.36 ... 18.41 8.37 Blucora BCOR ... dd 16.80 –0.25 ...
104.53 60.02 ActivisionBliz ATVI .5 34 95.78 +0.24 .47 2289.04 1187.60 Alphabet C GOOG ... 39 2285.88 +148.13 ... 17.57 7.20 AppliedOptoelec AAOI ... dd 8.44 –0.38 ... 61.16 26.29 AxonicsModul AXNX ... dd 60.13 +1.52 ... 28.90 9.39 BlueBird BLBD ... 66 26.72 –0.03 ...
38.99 12.59 AcutusMedical AFIB ... dd 13.20 –0.46 ... 19.36 3.38 Alphatec ATEC ... dd 17.60 +2.01 ... 51.99 13.58 AppliedTherap APLT ... dd 16.75 –1.46 ... 109.53 52.84 AxsomeTherap AXSM ... dd 52.99 –4.51 ... 72.51 24.24 bluebirdbio BLUE ... dd 28.16 –1.88 ...
31.83 14.28 Adagene ADAG ... ... 14.48 –3.20 ... 16.37 2.58 AlpineImmune ALPN ... dd 11.33 +0.55 ... 41.12 4.64 ApreaTherap APRE ... dd 4.97 –0.07 ... 28.68 8.62 AyalaPharm AYLA ... dd 10.85 +0.70 ... 35.89 8.04 BlueCity BLCT ... dd 8.20 –0.84 ...
9.15 2.43 AdamasPharm ADMS ... dd 4.52 –0.63 ... 68.58 27.57 AltairEngg ALTR ... dd 65.15 +1.83 ... 32.75 20.07 Apria APR ... ... 30.81 +2.45 ... 18.20 10.55 AziyoBiologics AZYO ... ... 13.24 –0.73 ... 3.80 0.94 BlueknightEner BKEP 4.7 dd 3.37 –0.05 .04
13.40 2.93 AdaptimmuneTher ADAP ... dd 5.05 –0.45 ... 35.10 2.88 Altimmune ALT ... dd 12.90 –1.10 ... 6.47 2.21 Aptinyx APTX ... dd 2.85 –0.15 ... 125.61 56.00 BlueprintMed BPMC ... 18 94.16 –3.79 ...
71.25 24.27 AdaptiveBiotech ADPT ... dd 40.42 –0.35 ... 16.82 6.00 AltisourcePortf ASPS ... dd 8.94 –0.12 ... 14.23 1.16 Aptorum APM ... dd 2.87 –0.24 ...
129.01 72.72 AddusHomeCare ADUS ... 51 106.84 +0.35 ... 66.38 16.88 AltraIndlMotion AIMC .4 dd 60.80 +3.97 .06 12.01 2.81 ApyxMedical APYX ... dd 9.50 –0.26 ... B 15.92
43.07
8.69
22.59
BoingoWireless
BoltBiotherap
WIFI
BOLT
...
...
dd
...
14.01
23.19
–0.10
–8.27
...
...
4.40 1.50 ADDvantage AEY ... dd 2.72 +0.02 ... 59.73 9.40 AltusMidstream ALTM 11.0 dd 54.67 +0.60 1.50 9.47 2.80 AquestiveTherap AQST ... dd 4.68 –0.46 ... 2469.58 1303.25 BookingHldgs BKNG ... cc 2450.06 +67.60 ...
21.70 7.49 AdicetBio ACET ... dd 13.19 +0.08 ... 20.22 8.27 AmalgamFin AMAL 1.9 12 17.08 +0.04 .08 14.94 4.27 Aravive ARAV ... dd 5.49 –0.93 ... 13.94 1.85 BBQ Holdings BBQ ... 26 13.90 +5.97 ... 15.23 5.00 BostonPrivFin BPFH 1.8 24 13.42 +0.28 .06
536.88 313.75 Adobe ADBE ... 44 504.04 +20.70 ... 9.25 3.36 Amarin AMRN ... dd 5.93 –0.55 ... 9.02 1.01 ArbutusBiopharma ABUS ... dd 3.30 –0.13 ... 16.15 7.73 BCB Bancorp BCBP 4.1 12 13.72 –0.20 .14 55.63 35.75 Bottomline EPAY ... dd 46.06 –0.06 ...
19.41 8.01 Adtran ADTN 2.0 cc 18.27 +1.09 .09 3552.25 2038.00 Amazon.com AMZN ... 81 3372.20 +211.20 ... 74.99 17.20 ArcBest ARCB .4 27 73.26 +1.27 .08 12.03 2.01 BELLUS Health BLU ... dd 4.38 +0.45 ... 11.04 5.52 Brainsway BWAY ... dd 9.37 ... ...
8.00 3.52 AdvEmissions ADES ... dd 5.22 –0.32 ... 137.21 43.69 Ambarella AMBA ... dd 103.23 –2.00 ... 40.58 20.93 ArchCapital ACGL ... 12 40.06 +0.65 ... 5.72 2.22 BGC Partners BGCP .7 36 5.69 +0.65 .01 73.50 25.24 BridgeBioPharma BBIO ... dd 54.49 –4.87 ...
125.55 46.98 AdvEnergyInds AEIS .3 34 118.45 +1.75 .10 82.38 54.68 Amdocs DOX 2.0 14 73.68 +1.28 .36 58.93 24.33 ArcoPlatform ARCE ... cc 30.01 +2.91 ... 63.42 14.88 BJsRestaurants BJRI ... dd 59.63 +0.11 ... 22.52 14.10 BridgfordFoods BRID ... 19 14.75 +0.16 ...
99.23 48.23 AdvMicroDevices AMD ... 41 82.76 +1.67 ... 325.12 165.42 Amedisys AMED ... 51 283.09 +13.63 ... 129.71 15.04 ArcturusTherap ARCT ... dd 37.00 –3.50 ... 98.95 37.80 BOK Fin BOKF 2.3 14 89.59 –0.01 .52 25.26 7.43 Brightcove BCOV ... dd 21.60 +0.31 ...
13.92 7.89 AdvantageSolns ADV ... dd 12.89 +0.88 ... 19.82 9.01 AmerantBancorpA AMTB ... dd 18.91 –0.03 ... 39.85 17.51 ArcutisBiotherap ARQT ... dd 26.62 –3.12 ... 33.56 8.72 BRP Group BRP ... dd 29.37 +1.31 ... 48.29 19.84 BrighthouseFin BHF ... dd 46.09 +0.65 ...
3.49 0.79 AdvantageSolnsWt ADVWW ... ... 3.38 +0.25 ... 16.75 6.84 AmerantBancorpB AMTBB ... dd 16.25 –0.19 ... 8.35 4.96 Ardelyx ARDX ... dd 7.44 +0.58 ... 90.72 17.36 BRP DOOO .5 29 89.76 +2.40 .1034 495.14 246.80 Broadcom AVGO 3.0 56 485.09 +9.14 3.60
26.98 8.98 AdverumBiotech ADVM ... dd 9.08 –1.00 ... 657.86 249.45 Amerco UHAL .0 18 614.57 +0.32 2.00 90.19 44.79 ArenaPharm ARNA ... dd 66.29 –2.19 ... 68.71 15.84 B RileyFin RILY 2.3 8 61.41 +4.50 3.00 18.27 8.02 BrookfieldProp BPY 7.4 dd 17.87 +0.13 .3325
29.80 11.40 Aegion AEGN ... dd 28.45 –0.75 ... 5.98 3.52 AmerFirstMultifam ATAX 6.3 79 5.71 +0.21 .09 19.40 11.01 AresCapital ARCC 8.3 17 19.35 +0.42 .40 19.76 9.69 BTRS BTRS ... dd 15.09 +0.45 ... 18.78 7.98 BrookfieldPropREIT BPYU 7.4 dd 17.92 +0.11 .3325
11.38 4.91 AegleaBioTherap AGLE ... dd 7.71 –0.32 ... 26.09 8.25 AmerAirlines AAL ... dd 23.54 –0.32 ... 382.15 130.00 arGEN-X ARGX ... dd 277.96 –4.40 ... 354.82 90.94 Baidu BIDU ... 23 219.67 –0.03 ... 16.44 8.13 BrooklineBcp BRKL 3.0 25 15.22 +0.17 .115
27.44 0.54 Aemetis AMTX ... dd 26.10 –0.05 ... 94.21 74.80 AEP AEP 3.4 19 85.89 +0.35 .74 54.78 26.13 ArrayTech ARRY ... ... 29.82 –0.20 ... 132.50 79.75 Balchem BCPC .5 47 121.27 –5.10 .58 101.63 29.82 Brooks Auto BRKS .4 91 95.70 +5.06 .10
21.30 9.01 AeriePharm AERI ... dd 18.83 +1.06 ... 54.80 45.25 AmerElecPwrUn AEPPL 6.3 ... 49.00 +0.16 .7656 37.18 9.50 Arrival ARVL ... dd 15.22 –1.02 ... 42.28 8.72 BallardPower BLDP ... dd 23.30 –0.85 ... 69.92 34.79 Bruker BRKR .2 67 68.61 +3.69 .04
143.72 53.15 AeroVironment AVAV ... 91 113.18 –6.17 ... 55.75 44.71 AmerElecPwrUn AEPPZ 6.2 ... 50.07 +0.45 .7656 12.63 0.35 ArrivalWt ARVLW ... ... 5.17 –0.62 ... 77.38 29.50 BancFirst BANF 1.9 24 71.30 +0.44 .34 49.44 22.51 BrynMawrBank BMTC 2.3 28 46.13 +0.02 .27

New York Stock Exchange Composite List

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
4.83 0.64 TrepontAcqnI Wt TACA.WT ... ... .88 +0.08 ... 4.74 2.15 UltraparPart UGP ... 23 3.62 –0.04 ... 177.38 103.67 VarianMed VAR ... 59 177.21 +0.41 ... 113.79 32.03 Walker&Dunlop WD 1.9 14 106.61 +1.33 .50 61.32 35.44 WW Ent WWE .8 37 58.36 +2.77 .12
11.49 10.10 TrepontAcqnI TACA.UT ... ... 10.35 +0.10 ... 24.39 7.15 UnderArmour A UAA ... dd 23.00 +1.03 ... 15.30 8.31 VectorGroup VGR 5.5 25 14.47 +0.35 .20 153.66 117.01 Walmart WMT 1.6 30 139.78 +4.16 .55 75.45 22.29 WorthingtonInds WOR 1.7 6 66.70 –1.93 .28
10.75 9.79 TrepontAcqnI A TACA ... ... 9.94 +0.08 ... 20.31 6.37 UnderArmour C UA ... dd 19.18 +0.91 ... 60.32 36.83 Vectrus VEC ... 16 51.60 –2.05 ... 10.63 10.00 WarburgPincusI-A WPCA.UT ... ... 10.29 +0.21 ... 73.91 31.26 WyndhamHtls WH .9 dd 72.18 +0.44 .16
107.64 37.98 Trex TREX ... 65 97.95 +3.16 ... 30.94 8.69 Unifi UFI ... dd 28.59 +1.08 ... 12.96 3.93 Vedanta VEDL 5.0 dd 12.39 –0.32 .4946 10.28 9.94 WarburgPincusI-B WPCB.UT ... ... 10.08 +0.07 ...
22.17
87.60
9.23
41.72
TriPointe
TriNet
TPH ... 10
TNET ... 20
21.85
81.16
+0.62
+1.76
...
...
258.86
63.89
145.96
49.75
Unifirst
Unilever
UNF
UL
.4
3.2
33
24
223.64
56.75
–1.35
+0.89
.25
.5139
325.54
9.55
157.37
2.46
VeevaSystems
VelocityFinl
VEEV ... cc
VEL ... dd
264.23
8.90
–3.54
–0.07
...
...
25.90
10.20
9.46
9.71
WarriorMetCoal
WarriorTech
HCC
WARR.UT
1.2
...
dd
...
16.86
10.01
...
+0.11
.05
... XYZ
33.77 15.32 TrinityIndustries TRN 2.9 dd 28.70 +0.21 .21 224.62 141.22 UnionPacific UNP 1.7 28 223.24 +3.03 .97 5.48 1.12 VenatorMaterials VNTR ... dd 4.61 –0.19 ... 17.55 1.69 WashingtonPrime WPG ... dd 2.10 –0.36 ...
76.49 15.76 Trinseo TSE .5 cc 64.39 –0.49 .08 27.91 9.35 Unisys UIS ... dd 24.13 –1.18 ... 58.10 25.38 Ventas VTR 3.3 61 54.74 +0.34 .45 25.67 16.95 WashingtonREIT WRE 5.3 dd 22.56 –0.64 .30 5.90 1.42 XFinancial XYF ... dd 3.62 –0.18 ...
28.84 14.38 Triple-S Mgmt GTS ... 9 26.01 +0.01 ... 11.28 2.33 UnitedMicro UMC 1.0 23 9.40 +0.14 .1361 30.71 7.31 Veoneer VNE ... dd 24.75 +0.39 ... 114.71 82.57 WasteConnections WCN .7 cc 114.49 +5.11 .205 35.00 7.22 XL Fleet XL ... dd 8.06 +0.17 ...
15.66 6.56 TriplePtVent TPVG 9.2 14 15.58 +0.84 .36 41.37 9.42 UnitedNatFoods UNFI ... 10 35.30 +2.42 ... 49.98 7.04 Veritiv VRTV ... 22 43.96 +0.75 ... 134.69 94.13 WasteMgt WM 1.7 38 134.68 +5.40 .575 131.42 53.58 XPO Logistics XPO ... cc 131.33 +3.85 ...
61.88 25.37 TritonIntl TRTN 4.2 13 54.82 –0.82 .57 178.01 88.85 UPS B UPS 2.3 cc 175.94 +4.66 1.02 61.95 52.85 Verizon VZ 4.4 13 57.49 –0.81 .6275 307.25 171.38 Waters WAT ... 37 307.14 +22.42 ... 21.40 6.15 XeniaHotels XHR ... dd 19.08 –0.83 ...
19.39 4.36 TriumphGroup TGI ... dd 18.28 –0.32 ... 341.00 94.80 UnitedRentals URI ... 27 324.71 –7.00 ... 8.92 2.13 VermilionEnergy VET ... dd 6.95 –0.61 ... 277.28 144.16 Watsco WSO 2.8 40 276.10 +8.88 1.95 26.96 14.22 Xerox XRX 4.0 29 24.89 +0.30 .25
21.36 4.81 Tronox TROX 1.7 3 19.29 –0.03 .08 57.45 28.36 US Bancorp USB 2.9 19 57.29 +1.46 .42 17.12 7.36 Verso VRS 2.6 dd 15.22 +0.46 .10 131.51 71.01 WattsWater WTS .8 35 118.68 –1.88 .23 4.12 1.68 XinyuanRealEst XIN 5.9 dd 2.78 –0.08 .025
23.29 12.30 TrueBlue TBI ... dd 22.76 +0.20 ... 27.40 6.30 US Steel X .2 dd 22.02 –2.98 .01 22.43 8.95 Vertiv VRT .0 dd 21.43 +0.42 .01 369.00 73.02 Wayfair W ... cc 327.49 –10.51 ... 74.49 10.00 XPeng XPEV ... dd 34.49 –2.46 ...
61.26 29.24 TruistFinl TFC 3.0 19 60.02 +0.97 .45 380.50 258.18 UnitedHealth UNH 1.3 23 376.30 +9.23 1.25 46.44 13.86 Viad VVI ... dd 41.18 –2.37 ... 63.81 19.76 WebsterFin WBS 2.8 24 56.43 +0.22 .40 108.84 56.63 Xylem XYL 1.0 77 108.00 +3.36 .28
23.85 7.06 TsakosEnergy TNP 2.7 dd 9.43 –0.37 .125 174.94 65.11 UnitySoftware U ... ... 97.26 –3.82 ... 12.00 3.88 VinceHolding VNCE ... dd 11.60 +0.48 ... 5.49 0.73 Weidai WEI ... ... 1.33 –0.12 ... 80.89 21.42 Yeti YETI ... 45 79.00 +5.22 ...
20.11 6.34 TufinSoftware TUFN ... dd 10.12 –0.52 ... 22.65 10.79 Univar UNVR ... 72 22.49 +0.49 ... 14.53 11.78 VineEnergy VEI ... ... 12.13 –1.28 ... 27.95 13.28 WeingartenRealty WRI 4.5 31 26.83 –0.56 .30 7.30 2.98 YPF YPF ... dd 4.02 –0.22 ...
38.59 1.87 Tupperware TUP ... 12 27.02 +0.52 ... 59.97 38.82 Universal UVV 5.3 22 57.64 –1.33 .77 46.00 14.16 Vipshop VIPS ... 23 28.47 –1.67 ... 59.70 43.11 WeisMarkets WMK 2.3 12 54.74 –2.14 .31 41.35 6.26 Yalla YALA ... 77 22.85 –3.67 ...
6.36 4.36 TurkcellIletism TKC ... 7 4.72 –0.03 ... 113.52 52.25 UniversalHealth UHT 4.0 49 69.89 –0.28 .695 62.80 14.21 VirginGalactic SPCE ... dd 29.28 –1.47 ... 17.25 3.90 Welbilt WBT ... dd 15.85 –0.39 ... 7.02 3.56 YamanaGold AUY 2.3 22 4.66 +0.16 .0262
61.08 19.50 TurningPoint TPB .4 31 51.34 –1.04 .055 143.84 86.65 UniversalHealthB UHS .6 13 138.18 +3.78 .20 10.62 9.83 VirginGroupII VGII.UT ... ... 10.02 –0.01 ... 41.54 20.76 WellsFargo WFC 1.0 cc 40.50 +0.87 .10 25.47 10.57 YatsenHolding YSG ... dd 11.31 –1.38 ...
19.45 4.40 TurquoiseHill TRQ ... 9 18.77 +2.13 ... 20.85 10.84 UnivInsurance UVE 4.7 24 13.59 –0.88 .16 8.24 4.10 VirnetX VHC .0 1 5.34 –0.25 1.00 76.18 36.08 Welltower WELL 3.2 dd 75.11 +1.86 .61 43.86 17.84 Yelp YELP ... dd 40.55 –0.98 ...
20.24 5.02 TutorPerini TPC ... 9 18.10 –0.88 ... 8.31 4.47 UnvlTechInst UTI ... dd 6.06 +0.06 ... 228.23 159.15 Visa V .6 48 222.52 +5.66 .32 95.19 21.86 WescoIntl WCC ... 62 87.41 +0.37 ... 20.90 11.03 Yext YEXT ... dd 15.10 +0.28 ...
27.65 17.59 Tuya TUYA ... ... 22.27 –1.07 ... 30.34 12.80 UnumGroup UNM 4.1 7 27.63 –0.51 .285 26.50 13.40 Vishay VSH 1.5 30 25.53 +0.68 .095 82.55 19.94 WestFraserTimber WFG .8 10 80.84 +6.90 .1554 6.80 2.70 YirenDigital YRD ... dd 3.91 –0.55 ...
457.30 92.71 Twilio TWLO ... dd 368.24 +16.20 ... 18.19 7.45 UrbanEdgeProp UE 3.5 22 17.33 +0.31 .15 37.08 19.39 VishayPrecision VPG ... 40 31.50 +0.30 ... 312.12 156.92 WestPharmSvcs WST .2 65 296.52 +11.75 .17 47.70 18.59 Youdao DAO ... dd 25.55 –0.43 ...
10.21 9.85 TwinRidgeCap TRCA.UT ... ... 9.95 –0.02 ... 15.50 8.18 UrstadtBiddle UBP 3.5 70 14.30 +0.70 .125 3.96 1.86 VistaOil&Gas VIST ... dd 2.77 +0.10 ... 103.34 26.75 WestAllianceBcp WAL 1.1 18 93.10 –1.27 .25 12.97 9.86 YucaipaAcqn YAC.UT ... ... 10.31 +0.01 ...
80.75 25.06 Twitter TWTR ... dd 71.19 +7.36 ... 18.63 8.22 UrstadtProp A UBA 3.2 85 17.27 +0.17 .14 38.36 6.52 VistaOutdoor VSTO ... 35 31.66 –0.67 ... 4.10 1.85 WesternAssetMort WMC 7.5 dd 3.18 –0.10 .06 11.40 9.55 YucaipaAcqnA YAC ... ... 10.04 +0.14 ...
10.01 9.75 twoA TWOA ... ... 10.00 +0.05 ... 102.58 65.00 UsanaHealth USNA ... 17 99.89 +0.72 ... 24.20 15.77 Vistra VST 3.4 14 17.50 –0.22 .15 20.90 5.00 WesternMidstrm WES 6.6 16 18.74 –0.34 .311 2.77 0.76 YucaipaAcqnWt YAC.WT ... ... 1.11 –0.36 ...
7.85 3.78 TwoHarbors TWO 8.4 dd 7.41 +0.03 .17 dd 0.97 0.23 VistraWt VST.WTA ... ... .30 –0.02 ... 25.73 17.56 WesternUnion WU 3.7 14 25.19 +0.04 .235 114.97 75.17 YumBrands YUM 1.7 39 114.96 +5.16 .50
479.79 304.51 TylerTech TYL ... 94 442.67 +10.85 ... 26.80 10.20 UtzBrands UTZ .8 25.25 +0.25 .01 25.10 9.07 VivintSmartHome VVNT ... dd 13.99 –0.56 ... 64.64 43.50 YumChina YUMC .8 31 59.85 +0.72 .12
78.14 54.28 TysonFoods TSN 2.3 14 76.56 +1.69 .445 161.95 121.78 VMware VMW ... 32 154.00 +1.60 ... 97.26 36.09 WestlakeChem WLK 1.2 35 89.45 –2.10 .27 31.28 11.34 ZimIntShipping ZIM ... 7 31.05 +4.57 ...
25.44
V 55.60 17.51 VoceraComm VCRA ... dd 37.35 –1.81 ...
19.44
13.85
9.14
WestlakeChemPtrs
WestpacBanking
WLKP
WBK
7.5
1.2
13
45
25.13
19.25
+1.01
+0.52
.4714
.2353
38.99 26.44 ZTO Express ZTO .0 37 28.20 –1.90 .24
U 41.15 21.90 VEREIT VER 4.6 55 40.37 +0.43 .462
39.00
49.50
26.36
29.79
Vontier
VornadoRealty
VNT ... ...
VNO 4.6 dd
30.75
45.60
–0.33
–0.79
...
.53 54.43
26.90
23.22
9.42
WestRock
Westwood
WRK
WHG
1.5
2.3
dd
dd
52.80
17.46
+0.61
+1.73
.20
.10
166.60
20.25
66.00
8.75
Zendesk
ZeppHealth
ZEN
ZEPP
...
...
dd
21
144.34
10.91
+4.54
–0.54
...
...
66.70 37.92 VoyaFinancial VOYA 1.0 dd 66.52 +1.44 .165 9.49 6.81 Zhihu ZH ... ... 8.56 –0.43 ...
16.31 8.99 UBS Group UBS 2.3 9 16.20 +0.35 .37 89.68 50.72 VF VFC 2.3 dd 84.94 +5.45 .49 176.35 88.60 VulcanMatls VMC .9 39 172.53 +6.14 .37 37.65 16.05 Weyerhaeuser WY 1.8 35 37.54 +0.70 .17 170.05 104.14 ZimmerBiomet ZBH .6 dd 169.48 +9.48 .24
46.03 29.34 UDR UDR 3.3 cc 44.06 –0.30 .3625 19.80 9.85 VG Acqn VGAC.UT ... ... 10.59 –0.21 ... 13.72 10.10 VyGlblGrowth VYGG.UT ... ... 10.63 +0.03 ... 57.89 31.24 WheatonPrecMet WPM 1.2 37 42.02 +2.12 .13 176.64 121.50 Zoetis ZTS .6 47 159.85 +1.96 .25
42.32 25.61 UGI UGI 3.2 14 41.90 +0.65 .33 18.16 9.65 VG Acqn A VGAC ... ... 10.06 –0.14 ... 12.74 9.63 VyGlblGrowthA VYGG ... ... 10.20 +0.04 ... 237.23 93.81 Whirlpool WHR 2.1 14 236.99 +11.69 1.25 17.79 8.96 Zuora ZUO ... dd 16.42 +1.43 ...
19.86 10.15 UMH Prop UMH 3.9 dd 19.37 –0.17 .19 5.72 0.95 VG Acqn Wt VGAC.WT ... ... 1.83 +0.07 ... 5.05 1.08 VyGlblGrowthWt VYGG.WT ... ... 2.10 +0.06 ... 1267.52 752.10 WhiteMtnIns WTM .1 5 1155.65 +28.35 1.00 59.03 28.02 Zymeworks ZYME ... dd 31.00 –0.46 ...
58.24 32.80 Unitil UTL 3.2 22 48.24 +1.76 .38 15.57 7.04 ViaOptronics VIAO ... dd 13.40 +0.40 ... 10.43 4.71 WhitestoneREIT WSR 4.5 68 9.53 –0.17 .0358
29.87 13.97 VICI Prop VICI 4.6 17 28.69 –0.15 .33 38.82 13.44 WhitingPetrol WLL ... dd 35.66 –1.32 ...
16.50
37.79
6.02
26.98
USA Compression
US Cellular
USAC
USM
13.5
...
dd
14
15.50
36.23
+1.18
–0.57
.525
... 25.90 17.25 Vizio VZIO ... ... 22.45 –1.86 ... W 18.20 4.10 WideOpenWest WOW ... 77 13.37 –0.21 ... NYSE ARCA
6.49 2.36 USD Partners USDP 7.7 dd 5.76 +0.01 .111 3.81 1.26 VOC Energy VOC 4.2 15 3.46 –0.04 .03 56.58 30.00 Wiley A JW.A 2.4 dd 56.04 +0.54 .3425
41.23 15.60 US Foods USFD ... dd 39.56 +1.72 ... 10.19 9.85 VPCImpactIII VPCC.UT ... ... 10.05 +0.10 ... 5.00 1.35 W&T Offshore WTI ... 13 3.45 –0.35 ... 55.54 30.79 Wiley B JW.B 2.5 dd 55.54 +0.35 .3425 13.57 5.19 EmpireStateReal250 FISK .0 ... 11.27 +0.12 .105
10.74 9.81 USHG Acqn HUGS.UT ... ... 10.11 +0.08 ... 3.48 0.75 VaalcoEnergy EGY ... dd 2.25 –0.08 ... 106.85 80.55 WEC Energy WEC 2.9 24 92.35 –0.97 .6775 24.69 16.27 Williams WMB 6.9 cc 23.60 –0.30 .41 11.90 5.25 EmpireStateReal60 OGCP .0 ... 11.41 +0.26 .105
143.67 64.30 US PhysTherapy USPH 1.3 43 106.77 –3.44 .35 333.95 146.92 VailResorts MTN ... dd 304.39 +9.36 ... 234.64 100.53 WEX WEX ... dd 219.31 +2.87 ... 188.23 47.89 Williams-Sonoma WSM 1.3 21 183.22 +1.14 .59 12.08 5.19 EmpireStateRealES ESBA .0 ... 11.11 –0.11 .105
15.38 1.22 US Silica SLCA ... dd 11.65 –1.37 ... 19.00 7.36 Vale VALE ... 19 18.22 +1.10 ... 78.07 38.76 WNS WNS ... 36 72.40 –0.26 ... 87.53 31.20 Winnebago WGO .6 16 75.17 –4.05 .12 44.64 16.88 US Oil Fund USO ... ... 40.64 –1.20 ...
12.33 3.32 US Xpress USX ... 33 11.64 –0.26 ... 84.39 35.44 ValeroEnergy VLO 5.5 dd 71.09 –4.21 .98 76.12 52.22 W.P.Carey WPC 5.9 27 70.57 –1.79 1.048 6.76 2.79 Wipro WIT .2 28 6.72 +0.22 .0122 17.57 5.91 USBrentOilFd BNO ... ... 15.90 –0.41 ...
14.38 7.24 UWM UWMC 5.2 dd 7.71 –0.04 .10 23.47 9.02 Valhi VHI 1.4 12 22.59 +1.80 .08 66.49 31.71 WPP WPP 2.5 dd 65.12 +0.16 .9777 41.80 15.56 WolverineWwide WWW 1.0 dd 38.40 +0.43 .10 34.68 9.71 USGasolineFd UGA ... ... 31.53 –0.67 ...
4.87 1.01 UWM Wt UWMC.WT ... ... 1.60 –0.20 ... 251.63 98.00 ValmontInds VMI .8 36 236.34 –5.35 .50 20.55 6.76 WabashNational WNC 1.7 dd 18.77 +0.33 .08 28.76 18.12 WooriFin WF 4.9 6 26.98 –0.12 1.9027 14.95 8.22 US NatGas UNG ... ... 9.28 –0.42 ...
64.05 26.44 Uber UBER ... dd 57.68 +0.08 ... 26.95 12.90 Valvoline VVV 1.9 15 26.49 +0.32 .125 84.32 46.63 Wabtec WAB .6 37 79.52 +0.53 .12 114.68 31.46 Workiva WK ... dd 93.98 +1.69 ... 9.25 7.24 US12mthNtlGas UNL ... ... 7.90 –0.03 ...
401.81 148.28 Ubiquiti UI .6 35 281.78 –7.37 .40 54.42 16.54 Vapotherm VAPO ... dd 23.26 –0.23 ... 25.90 11.87 Waddell&ReedFin WDR 4.0 23 24.94 –0.21 .25 37.68 18.36 WorldFuelSvcs INT 1.4 20 33.73 –2.89 .12 22.90 9.50 US12moOilFd USL ... ... 21.10 –0.56 ...
April 12, 2021 BARRON’S M17

Nasdaq Issues
52-Week
High Low Name
Tick Div
Sym Yld P/E Last Chg. Amt.
52-Week
High Low Name
Tick Div
Sym Yld P/E Last Chg. Amt.
52-Week
High Low Name
Tick Div
Sym Yld P/E Last Chg. Amt. FIVE-DAY NASDAQ COMPOSITE
49.04 12.49 BuildersFirstSrc BLDR ... 18 48.60 +1.23 ... 52.94 35.28 CiscoSystems CSCO 2.8 22 52.09 +0.11 .37 29.90 16.50 DicernaPharma DRNA ... dd 26.09 +0.33 ...
84.80
19.92
57.40
10.22
Bumble
BurgerFiIntl
BMBL
BFI
...
...
...
dd
60.21
15.32
–1.27 ...
–0.13 ...
98.90
13.85
9.07
5.82
CitiTrends
CtznCmntyBcp
CTRN
CZWI
...
1.7
39
12
93.43
13.75
+9.30
+1.25
...
.23
25.61
58.74
9.02
11.77
DigiIntl
Digimarc
DGII
DMRC
...
...
70
dd
18.74
29.44
–0.62
–1.69
...
...
Delivering Votes: Amazon.com defeated a unionization drive in Ala-
5.75 0.02 BurgerFiIntlWt BFIIW ... ... 4.27 +0.27 ... 27.94 18.00 CitizensHolding CIZN 4.9 16 19.53 –0.98 .24 33.98 16.51 DimeCommBcshs DCOM 3.0 15 32.40 +2.35 .24 bama. Electric vehicle stocks continued to sputter. The Nasdaq Com-
39.75 18.64 BurningRockBio BNR ... dd 28.97 –0.31 ... 173.56 111.26 CitrixSystems CTXS 1.0 36 142.34 +2.02 .37 91.02 40.34 Diodes DIOD ... 42 79.70 –2.92 ...
24.95 10.00 BusFirstBcshs BFST 1.7 15 23.64 –0.97 .10 88.49 53.06 CityHolding CHCO 2.8 15 81.74 –1.65 .58 150.72 25.46 DiscoveryB DISCB ... 43 77.00 –34.17 ... posite Index finished Friday at 13,900—up 3% for a week’s work.
19.63 8.21 Clarus CLAR .6 cc 17.49 –0.16 .025 78.14 18.56 DiscoveryA DISCA ... 23 42.00 –1.31 ...
C 19.79
38.75
1.61
11.09
CleanEnerFuels
Clearfield
CLNE
CLFD
...
...
dd
43
12.29
31.18
–2.23
+0.03
...
...
66.70
15.15
16.80
13.50
DiscoveryC
Diversey
DISCK
DSEY
...
...
20
...
35.74
14.80
–1.34
+0.03
...
... Monday Tuesday Wednesday Thursday Friday
4.53 1.25 ClearsideBiomed CLSD ... dd 2.66 +0.15 ... 7.28 2.38 DiversifiedHlthcr DHC .8 dd 4.74 –0.01 .01 13920
12.85 8.30 Cadiz CDZI ... dd 10.04 +0.42 ... 17.45 6.31 CloverHealth CLOV ... dd 8.21 +0.83 ... 6.00 0.60 DixieGroup DXYN ... dd 3.68 +0.32 ...
53.04 28.00 C&F Fin CFFI 3.7 7 41.55 –4.70 .38 5.45 1.33 CloverHealthWt CLOVW ... ... 1.94 +0.31 ... 68.00 10.80 Docebo DCBO ... dd 47.70 +4.71 ...
27.93 16.45 CB FinSvcs CBFV 4.4 dd 21.68 –0.62 .24 11.10 4.08 ClovisOncology CLVS ... dd 6.23 –0.76 ... 290.23 90.04 DocuSign DOCU ... dd 212.97 +6.68 ...
32.31 13.82 CBTX CBTX 1.6 30 32.04 +1.29 .13 32.78 10.80 CoastalFinl CCB ... 22 27.29 +0.63 ... 4.85 0.99 Dogness DOGZ ... dd 1.81 ... ...
55.51 33.42 CDK Global CDK 1.1 29 54.05 –0.11 .15 310.99 220.00 CocaColaCon COKE .3 17 303.15 +13.98 .25 120.37 72.12 DollarTree DLTR ... 21 117.55 +1.62 ... 13805
176.33 93.75 CDW CDW .9 32 175.44 +6.00 .40 29.56 10.01 Codexis CDXS ... dd 24.00 –0.30 ... 79.00 12.80 Domo DOMO ... dd 57.58 –0.07 ...
83.95 26.15 CEVA CEVA ... dd 57.72 –1.22 ... 37.85 7.90 CodiakBioSci CDAK ... ... 15.49 +0.94 ... 16.19 12.38 DonegalGroup A DGICA 3.9 8 15.25 +0.29 .15
48.98 22.40 C4 Therap CCCC ... ... 32.66 –5.97 ... 19.74 10.62 CodorusValleyBncp CVLY 2.5 21 17.60 –1.00 .02 14.50 10.72 DonegalGroup B DGICB 3.8 8 13.77 –0.65 .1325
106.75 68.46 CH Robinson CHRW 2.1 26 97.45 +0.30 .51 14.88 1.36 CogentBio COGT ... dd 8.29 –0.79 ... 15.15 9.05 DorchesterMnls DMLP 9.1 23 13.96 –0.23 .2423
17.29 7.76 CimComm CMCT 2.4 dd 12.45 –0.75 .075 113.13 56.53 DormanProducts DORM ... 32 104.58 +0.97 ...
13690
92.96 53.20 CogentComm CCOI 4.1 cc 70.48 +2.07 .755
19.78 1.73 CLPS CLPS ... 16 5.25 –0.15 ... 101.82 44.55 Cognex CGNX .3 86 85.54 +1.23 .06 20.54 6.90 DouYuIntl DOYU ... 51 10.30 –0.26 ...
198.61 104.21 CMC Materials CCMP 1.0 42 192.98 +5.19 .46 82.73 47.39 CognizantTech CTSH 1.2 31 80.55 +1.67 .24 74.38 13.60 DraftKings DKNG ... dd 62.31 –0.57 ...
216.75 146.89 CME Group CME 1.8 35 204.63 –1.46 .90 38.00 23.75 CognyteSoftware CGNT ... cc 25.58 –2.78 ... 31.98 17.55 DreamFinders DFH ... ... 23.90 –1.04 ...
26.85 13.25 CNB FinPA CCNE 2.8 12 24.54 –0.16 .17 270.00 103.00 Coherent COHR ... dd 265.56 +7.03 ... 35.56 22.26 DrivenBrands DRVN ... ... 25.44 +0.17 ... 13575
61.69 22.51 CompassPath CMPS ... dd 35.80 –1.70 ... 22.22 13.70 CoherusBioSci CHRS ... 9 13.95 –0.60 ... 28.33 17.66 Dropbox DBX ... dd 26.99 –0.40 ...
77.21 31.69 CRA Intl CRAI 1.4 25 76.62 +1.52 .26 51.86 12.30 Cohu COHU ... dd 49.84 +3.84 ... 59.40 35.10 DuckCreekTech DCT ... ... 42.15 –2.81 ... (Prev Thu's
220.20 42.83 CRISPR Therap CRSP ... dd 115.74 –3.67 ... 26.91 15.66 CollegiumPharm COLL ... 31 23.33 –0.05 ... 17.73 3.21 DuluthHoldings DLTH ... 40 16.36 +0.37 ...
51.04 37.51 CSG Systems CSGS 2.1 26 46.67 +0.79 .25 Close) +225.49 -7.21 -9.54 +140.47 +70.88
111.71 40.78 ColliersIntl CIGI .1 94 102.23 –3.94 .05 32.32 13.50 DyneTherap DYN ... ... 16.75 +0.81 ...
2.35 0.35 CSI Compressco CCLP 2.1 dd 1.91 +0.04 .01 16.49 8.70 ColonyBankcorp CBAN 2.7 12 15.33 –0.46 .1025 13460
14.33
141.25
6.75
60.08
CSP
CSW Industrials
CSPI
CSWI
...
.4
cc
46
8.70
140.34
–0.02
+4.02
...
.135
50.68
18.08
19.11
10.27
ColumbiaBanking
ColumbiaFin
COLB
CLBK
2.5
...
20
34
44.29
17.84
+1.13
+0.25
.28
... E 10 12 2 4pm 10 12 2 4pm 10 12 2 4pm 10 12 2 4pm 10 12 2 4pm
98.85 58.80 CSX CSX 1.1 27 98.29 +1.03 .28 112.40 57.16 ColumbiaSportswr COLM 1.0 67 107.75 +3.22 .26
25.00 15.57 CVB Fin CVBF 3.3 17 22.07 –0.15 .18 57.06 21.52 ColumbusMcKinn CMCO .5 cc 53.21 –0.47 .06 5.60 1.29 ECMOHO MOHO ... dd 2.04 –0.08 ...
16.38 6.15 CabalettaBio CABA ... dd 10.76 –0.97 ... 58.59 34.17 Comcast A CMCSA 1.9 24 53.57 –1.18 .25 10.68 2.00 EDAP TMS EDAP ... dd 9.14 +0.57 ...
18.23 9.70 ESSA Bancorp ESSA 3.1 11 15.72 –0.72 .12
149.08
106.20
70.40
14.62
CadenceDesign
CaesarsEnt
CDNS
CZR
...
...
69
dd
145.35
96.33
+3.86
+7.39
...
...
83.06
11.25
48.60
1.24
CommerceBcshrs
CommVehicle
CBSH
CVGI
1.4
...
27
dd
77.67
9.94
+0.61
+0.25
.2625
... 31.99 12.68 EVO Payments EVOP ... dd 28.37 +0.13 ... NOTICE TO READERS:
4.69 2.12 EXFO EXFO ... dd 3.90 –0.51 ...
14.87
46.66
9.02
35.97
Caesarstone
Cal-MaineFoods
CSTE
CALM
4.0
...
66
29
13.91
39.53
+0.02
+0.70
.14
...
17.97
11.45
7.56
3.70
CommScope
CommsSystems
COMM
JCS
...
.0
dd
dd
17.50
5.85
+1.93
–0.23
...
.02 26.13 15.00 EagleBncpMT EBMT 1.7 8 23.52 –0.66 .0975 Sign up for the Weekly Market Lab Newsletter: barrons.com/newsletters
12.33 4.82 CalAmp CAMP ... dd 11.45 +0.32 ... 47.53 26.45 CmntyTrBcp CTBI 3.5 13 44.49 –0.27 .385 40.91 8.89 EagleBulkShip EGLE ... dd 36.35 +0.78 ...
85.40 52.42 CalavoGrowers CVGW 1.5 dd 76.75 –0.49 1.15 13.44 5.63 CommWestBcshs CWBC 1.8 14 13.10 +0.25 .06 56.16 36.48 EaglePharm EGRX ... 47 41.56 –0.31 ...
76.75 32.58 Eargo EAR ... ... 52.89 +1.11 ...
19.51
8.18
10.19
2.31
CaliforniaBncp
CalitheraBiosci
CALB
CALA
...
...
32
dd
16.85
2.35
–1.15
–0.15
...
...
72.33
19.90
34.42
7.10
CommVaultSys
Compugen
CVLT
CGEN
...
...
dd
dd
67.35
8.42
+1.23
–0.36
...
... 82.53 24.66 EastWestBncp EWBC 1.8 19 74.38 –0.11 .33 Please visit the new Market Lab home page on barrons.com under Data.
20.15 11.74 EasternBankshares EBC 1.6 cc 19.45 –0.15 .08
38.00
6.64
19.00
1.35
CalliditasTherap
CalumetSpecialty
CALT
CLMT
...
...
dd
dd
27.50
6.00
–0.07
–0.24
...
...
36.37
11.05
19.57
3.80
ComputerPrograms
ComputerTask
CPSI
CTG
.0
...
30
20
29.95
10.50
–1.45
+0.76
.10
... 27.97 15.28 Eastern EML 1.7 30 25.76 –0.83 .11 www.barrons.com/market-data/market-lab
12.43 3.16 Calyxt CLXT ... dd 5.97 –0.34 ... 4.50 1.80 comScore SCOR ... dd 3.47 –0.22 ... 14.95 3.80 EbangIntl EBON ... ... 5.08 –1.96 ...
65.28 3.57 CambiumNtwks CMBM ... 91 62.53 +14.05 ... 11.07 1.83 ComSovereign COMS ... dd 2.48 –0.27 ... 64.85 33.96 eBay EBAY 1.2 8 62.47 –0.64 .18
49.66 25.74 CamdenNational CAC 3.0 12 47.83 –0.20 .36 30.40 12.96 ComtechTel CMTL 1.5 dd 25.82 ... .10 64.14 15.56 Ebix EBIX 1.0 10 30.80 –1.13 .075
34.61 14.33 EchoGlobalLog ECHO ... 53 31.70 –0.13 ... 52-Week Tick Div 52-Week Tick Div
34.66 9.05 Camtek CAMT ... 61 32.73 –0.21 ... 156.04 80.00 Concentrix CNXC ... ... 154.00 +5.18 ... High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
39.10 1.76 Canaan CAN ... dd 18.67 –3.33 ... 13.50 4.49 ConcertPharm CNCE ... dd 4.57 –0.67 ... 35.33 19.75 EchoStar SATS ... dd 24.25 +0.26 ...
67.39 15.83 CanadianSolar CSIQ ... 18 43.37 –5.14 ... 7.22 1.71 Conduent CNDT ... dd 6.73 –0.19 ... 40.49 25.09 EdgewiseTherap EWTX ... ... 29.54 –0.47 ... 32.43 13.21 FinInstitutions FISI 3.6 13 30.17 +0.05 .27
8.05 99.95 21.41 EditasMedicine EDIT ... dd 39.46 –3.37 ...
24.90
7.33 0.20
Canoo
CanooWt
GOEV
GOEVW
...
...
dd
...
9.77
3.03
+0.78
+0.23
...
...
5.00
23.29
2.16
15.29
Conifer
ConnectBiopharma
CNFR
CNTB
...
...
65
...
3.82
17.00
–0.08
–0.85
...
...
20.00 4.35 EducDev EDUC 2.3 13 17.42 +0.09 .10
22.50
25.53
15.27
10.16
FinchTherap
FireEye
FNCH
FEYE
...
...
...
dd
17.18
19.62
+1.53
–0.32
...
... G
56.50 12.95 CanopyGrowth CGC ... dd 28.99 –3.07 ... 129.80 7.59 EHang EH ... dd 34.34 –1.70 ... 48.83 19.26 FirstBancorpNC FBNC 1.8 15 43.44 –0.31 .20
28.24 10.81 ConnectOneBncp CNOB 1.4 14 25.67 +0.07 .09 137.49 47.84 eHealth EHTH ... 44 73.66 –0.47 ...
18.00 9.00 CanterburyPark CPHC ... 61 13.72 ... ... 23.94 3.94 Conn's CONN ... dd 21.69 +0.36 ... 30.45 17.62 FirstBancorp FNLC 4.3 12 28.96 –0.73 .31 14.24 5.01 GBS GBS ... dd 5.40 –0.30 ...
20.96 9.02 CapitalBancorp CBNK ... 10 19.56 +0.38 ... 13.99 6.76 EigerBioPharma EIGR ... dd 8.40 –0.65 ... 38.49 16.05 FirstBancshares FBMS 1.4 15 37.76 +0.46 .13 15.36 9.00 GCM Grosvenor GCMG 2.3 dd 12.12 –0.28 .08
8.81 4.45 ConsldComm CNSL ... 13 6.56 –0.10 ... 42.36 18.01 89bio ETNB ... dd 26.28 +2.69 ...
28.98 16.16 CapitalCityBank CCBG 2.3 14 25.94 –0.16 .15 16.69 10.01 ConsldWater CWCO 2.7 52 12.56 –0.71 .085 13.23 6.00 FirstBank FRBA 1.1 12 11.37 –0.68 .03 3.13 0.32 GCMGrosvenorWt GCMGW ... ... 1.20 –0.17 ...
11.95 5.48 CapitalProduct CPLP 3.7 7 10.74 –0.27 .10 21.96 9.88 ElPolloLoco LOCO ... 24 16.68 +0.32 ... 26.88 14.25 FirstBusey BUSE 3.6 14 25.68 –0.12 .23 116.76 50.15 GDS Holdings GDS ... dd 78.32 –4.22 ...
50.90 17.00 ConstellPharm CNST ... dd 22.50 –0.71 ... 151.21 110.69 ElbitSystems ESLT 1.2 27 144.62 +0.62 .44
24.08 10.02 CapitalSouthwest CSWC 6.9 30 23.88 +1.47 .10 36.58 12.84 ConstructionPtrs ROAD ... 36 30.13 +0.28 ... 27.49 13.43 FirstBusFinSvcs FBIZ 2.9 12 24.56 –0.57 .18 37.07 10.81 G1Therapeutics GTHX ... dd 25.57 +1.85 ...
26.66 8.40 CapitalaFinance CPTA ... dd 16.25 +0.88 ... 3.63 0.74 electroCore ECOR ... dd 1.96 –0.06 ... 887.60 303.19 FirstCitizBcshA FCNCA .2 18 852.64 +16.94 .47 239.90 29.69 GRAVITY GRVY ... 22 127.88 +4.87 ...
5.12 1.33 ConsumerPtfo CPSS ... 4 3.95 –0.14 ... 150.30 104.65 ElectronicArts EA .5 35 140.46 +2.50 .17
14.38 8.75 CapitolFedFin CFFN 2.6 30 13.23 –0.15 .085 32.85 13.30 ContextLogic WISH ... ... 13.65 –2.00 ... 30.90 17.21 FstCmntyBcsh FCBC 3.4 15 29.53 –0.22 .25 8.30 5.21 GSI Tech GSIT ... dd 7.25 +0.19 ...
19.13 8.52 CapStarFin CSTR 1.1 15 18.17 +0.52 .05 6.77 1.94 EloxxPharm ELOX ... dd 2.95 –0.41 ... 22.47 9.01 1stConstBncp FCCY 2.0 10 18.16 +0.51 .09 218.56 87.07 GWPharm GWPH ... dd 217.93 +0.67 ...
130.96 65.68 Copart CPRT ... 40 118.03 +5.42 ... 8.20 2.14 Emcore EMKR ... dd 6.23 +0.49 ...
29.65 12.30 CaraTherap CARA ... cc 29.19 +7.44 ... 41.55 22.95 Core-Mark CORE 1.3 30 41.43 +1.38 .13 4.10 2.37 FirstEagleAltCap FCRD 9.8 dd 4.09 +0.07 .10 15.06 7.29 Gaia GAIA ... cc 11.40 –0.65 ...
48.28 27.70 CardiovascularSys CSII ... dd 36.13 –1.26 ... 58.59 40.32 EnantaPharma ENTA ... dd 48.75 –2.05 ... 26.62 10.83 FirstFinBncpOH FFBC 3.7 16 24.68 +0.74 .23 16.19 11.00 GainTherap GANX ... ... 13.98 –1.42 ...
18.80 3.36 CorMedix CRMD ... dd 9.50 –0.59 ... 49.01 22.10 EncoreCapital ECPG ... 6 38.85 –1.51 ...
161.47 38.00 Cardlytics CDLX ... dd 110.90 –8.34 ... 55.50 28.70 CornerstoneOnDem CSOD ... dd 44.97 +0.26 ... 51.60 23.44 FirstFinBkshs FFIN 1.1 33 46.76 –0.08 .13 233.14 74.51 Galapagos GLPG ... dd 77.81 –1.38 ...
42.09 16.46 Cardtronics CATM ... 93 38.82 –0.08 ... 73.30 40.33 EncoreWire WIRE .1 19 68.96 +0.51 .02 47.00 29.02 FirstFinIN THFF 2.4 11 44.73 –0.62 .53 17.99 5.77 Galecto GLTO ... ... 6.28 +0.24 ...
51.37 14.09 CorsairGaming CRSR ... 30 33.52 –0.35 ... 10.89 2.71 EndoIntl ENDP ... 8 6.20 –1.14 ...
13.40 5.59 Carecloud MTBC ... dd 8.72 +0.26 ... 58.99 26.66 Cortexyme CRTX ... dd 33.59 –3.75 ... 15.05 7.90 FirstFinNW FFNW 3.1 16 14.04 –0.13 .11 15.00 6.58 GaleraTherap GRTX ... dd 8.06 –0.69 ...
99.83 20.67 CareDx CDNA ... dd 71.75 +1.35 ... 20.25 6.66 EnergyRecovery ERII ... 40 18.65 –0.48 ... 25.59 10.10 FirstFoundation FFWM 1.6 12 23.00 –0.68 .09 15.00 3.37 GamidaCell GMDA ... dd 7.83 –0.48 ...
111.42 44.67 Corvel CRVL ... 45 106.94 +2.33 ... 229.04 34.34 EnphaseEnergy ENPH ... cc 151.35 –11.34 ...
24.89 14.87 CareTrustREIT CTRE 4.4 28 24.06 –0.22 .265 6.88 2.04 CorvusPharm CRVS ... dd 2.90 –0.24 ... 21.29 11.29 FirstGuarBcshs FGBI 3.5 9 18.07 –0.18 .16 45.75 24.39 Gaming&Leisure GLPI 6.0 19 43.26 –0.41 .65
36.54 17.88 CarGurus CARG ... 36 24.36 –0.14 ... 98.66 33.72 EnsignGroup ENSG .2 31 93.44 –0.31 .0525 30.80 13.56 FirstHawaiian FHB 3.8 19 27.50 –0.18 .26 137.70 76.02 Garmin GRMN 1.8 27 137.65 +5.14 .61
952.76 558.61 CoStar CSGP ... cc 887.49 +26.11 ... 269.12 121.63 EnstarGroup ESGR ... 3 252.14 +5.49 ...
12.90 6.45 CarLotz LOTZ ... cc 8.00 +0.46 ... 393.15 293.84 Costco COST .8 37 363.21 +8.27 .70 41.55 11.43 FirstInternetBncp INBK .7 12 35.02 –0.43 .06 19.09 9.80 GeminiTherap GMTX ... ... 13.22 –0.04 ...
3.11 0.44 CarLotzWt LOTZW ... ... 1.67 –0.10 ... 4.25 1.58 EntasisTherap ETTX ... dd 2.06 –0.10 ... 51.24 25.69 FirstInterBanc FIBK 3.5 19 47.10 +0.58 .41 15.75 10.00 GencorIndustries GENC ... 42 13.01 –0.39 ...
26.46 17.04 CountyBancorp ICBK 1.7 28 23.66 –0.33 .10 126.41 46.93 Entegris ENTG .3 56 121.45 +1.36 .08
38.59 20.80 Carlyle CG 2.6 41 38.01 +0.62 .25 377.04 132.61 CoupaSoftware COUP ... dd 265.26 +2.98 ... 50.65 21.18 FirstMerchants FRME 2.2 17 46.76 ... .26 13.14 4.62 GeneralFin GFN ... cc 11.70 –0.51 ...
34.10 19.27 EnterpriseBncp EBTC 2.2 13 33.76 +0.96 .185 44.75 55.72 17.00 GenerationBio GBIO ... dd 27.20 –2.18 ...
23.26 1.75 CarParts.com PRTS ... dd 16.40 +0.97 ... 22.25 6.64 CovenantLogist CVLG ... dd 20.42 –0.44 ... 52.00 21.70 EnterpriseFinSvcs EFSC 1.4 18 50.09 +0.51 .18 21.14 FirstMidBcshs FMBH 1.9 16 44.15 +0.13 .205
8.09 2.13 CarrolsRestr TAST ... dd 5.99 –0.13 ... 40.78 7.51 Covetrus CVET ... dd 28.74 –1.45 ... 24.28 10.31 FirstMidwestBncp FMBI 2.5 25 21.97 +0.08 .14 31.54 9.03 Genetron GTH ... dd 22.77 +0.03 ...
14.94 6.30 CarterBkshrs CARE ... dd 14.37 +0.17 ... 22.00 7.44 Epizyme EPZM ... dd 8.37 –0.26 ... 18.74 9.23 FirstNWBncp FNWB 1.4 16 16.70 –0.16 .06 22.48 3.63 Genfit GNFT ... dd 4.62 +0.04 ...
43.17 8.46 Cowen COWN .9 5 37.36 +1.25 .08 107.64 59.62 ePlus PLUS ... 18 95.80 –3.53 ...
13.15 3.37 CasaSystems CASA ... 34 9.87 +0.07 ... 175.90 77.05 CrackerBarrel CBRL .0 87 175.09 +4.62 1.30 112.50 37.92 FirstSolar FSLR ... 21 79.61 –6.54 ... 44.83 21.62 Genmab GMAB ... 32 34.18 +1.24 ...
66.28 41.55 CasellaWaste CWST ... 36 65.62 +0.44 ... 4.44 2.64 EpsilonEnergy EPSN ... cc 3.81 +0.12 ... 50.38 26.72 1stSource SRCE 2.5 15 47.17 –0.43 .29 24.25 5.66 GenMarkDiagn GNMK ... dd 23.99 ... ...
539.00 241.54 CreditAcceptance CACC ... 15 362.39 –0.58 ... 27.05 2.37 Equillium EQ ... dd 6.99 –0.25 ...
221.29 139.42 CaseysGenStores CASY .6 25 219.61 +2.91 .34 129.90 34.17 Cree CREE ... dd 111.02 –4.21 ... 20.48 10.74 FirstUnited FUNC 3.5 9 17.21 –1.03 .15 37.75 22.10 Gentex GNTX 1.4 25 35.40 –0.61 .12
839.77 586.73 Equinix EQIX 1.7 cc 687.46 +9.46 2.87 81.98 32.70 Gentherm THRM ... 42 76.30 –0.90 ...
48.55 31.04 CassInfoSys CASS 2.4 26 45.64 –0.68 .27 19.15 8.79 CrescentCapBDC CCAP 9.0 10 18.14 +1.09 .41 29.86 12.49 EquityBcshs EQBK ... dd 28.50 +0.98 ... 31.72 10.89 FirstWesternFin MYFW ... 8 25.88 –1.09 ...
107.69 26.13 CastleBiosci CSTL ... dd 69.51 –1.57 ... 6.48 2.60 Cresud CRESY ... dd 5.87 +0.41 ... 78.10 51.15 FirstCash FCFS 1.6 26 67.00 –0.74 .27 12.40 5.00 GeospaceTech GEOS ... dd 8.71 –0.30 ...
266.77 154.63 ErieIndemnity A ERIE 1.9 27 221.50 –1.98 1.035 51.11 24.40 GermanAmerBncp GABC 1.8 20 46.13 –0.70 .21
8.59 1.25 CatabasisPharm CATB ... dd 2.71 –0.16 ... 20.92 14.88 Cricut CRCT ... ... 20.00 ... ... 13.95 5.00 ErytechPharma ERYP ... dd 6.79 –0.37 ... 7.37 2.98 FirsthandTechVal SVVC ... dd 5.86 +0.34 ...
45.19 20.59 CathayGenBncp CATY 3.0 14 41.39 –0.09 .31 23.70 11.61 CrineticsPharm CRNX ... dd 17.07 +1.07 ... 158.19 76.30 FirstService FSV .5 78 156.61 +3.52 .1825 2.40 1.05 Geron GERN ... dd 1.48 –0.14 ...
242.06 115.47 CavcoIndustries CVCO ... 33 224.62 –7.79 ... 24.05 5.52 Escalade ESCA 2.7 12 21.10 +0.24 .14 103.02 36.39 GibraltarInds ROCK ... 46 89.53 –4.15 ...
37.18 8.19 Criteo CRTO ... 31 35.94 –0.20 ... 53.73 23.90 EsperionTherap ESPR ... dd 26.95 –1.76 ... 126.25 91.40 Fiserv FISV ... 89 124.29 +2.12 ...
9.47 4.50 CECO Env CECE ... 35 8.21 +0.05 ... 86.40 18.97 Crocs CROX ... 18 81.49 +1.93 ... 205.28 77.27 FiveBelow FIVE ... 93 202.86 +7.24 ... 34.71 7.76 GIIIApparel GIII ... 66 30.74 +1.34 ...
34.71 9.60 Cellectis CLLS ... dd 19.92 +0.18 ... 10.30 3.88 EtonPharm ETON ... dd 7.50 +0.19 ... 22.69 4.80 GilatSatellite GILT 9.3 17 10.61 –0.16 .63
15.83 4.62 Cronos CRON ... dd 8.88 –0.53 ... 251.86 51.76 Etsy ETSY ... 83 218.57 +10.37 ... 201.75 77.88 Five9 FIVN ... dd 172.73 +8.51 ...
13.01 6.90 CelyadOncology CYAD ... dd 6.96 –0.14 ... 13.68 4.50 CrossCtyHlthcr CCRN ... dd 12.76 +0.45 ... 38.90 2.61 FivePrimeTherap FPRX ... dd 37.94 +0.13 ... 85.79 56.56 GileadSciences GILD 4.4 cc 65.11 –1.33 .71
27.10 9.25 Centogene CNTG ... dd 12.30 –0.15 ... 167.71 75.64 EuronetWorldwide EEFT ... dd 148.70 +6.90 ... 67.35 30.05 GlacierBancorp GBCI 2.1 21 58.52 –0.07 .31
15.67 7.52 CrossFirstBkshs CFB ... 61 14.31 +0.13 ... 19.93 3.55 EveloBiosci EVLO ... dd 10.04 –0.57 ... 20.04 7.36 Flex FLEX ... 22 18.31 –0.04 ...
62.91 29.49 CentralGarden CENT ... 24 57.46 +1.00 ... 251.28 57.36 CrowdStrike CRWD ... dd 202.68 +15.65 ... 8.30 0.61 Ever-Glory EVK ... 12 2.56 –0.23 ... 14.39 7.52 FlexionTherap FLXN ... dd 8.12 –0.80 ... 10.62 5.60 GladstoneCap GLAD 7.4 36 10.53 +0.36 .065
55.07 27.51 CentralGardenA CENTA ... 22 52.46 +1.02 ... 59.85 27.01 CullinanOncology CGEM ... ... 32.30 –8.95 ... 178.98 97.57 Everbridge EVBG ... dd 127.53 +2.08 ... 41.91 7.81 Flexsteel FLXS 1.5 dd 40.26 +4.36 .15 20.95 13.14 GladstoneComm GOOD 7.4 cc 20.27 +0.22 .1252
19.60 3.71 CenturyAluminum CENX ... dd 14.93 –2.32 ... 4.18 2.77 CumberlandPharm CPIX ... dd 3.17 +0.10 ... 63.44 30.52 EverQuote EVER ... dd 36.33 –2.19 ... 57.94 32.76 FlirSystems FLIR 1.2 36 57.73 +0.86 .17 13.52 8.16 GladstoneInvt GAIN 6.3 dd 13.41 +0.89 .07
114.94 54.76 CenturyBancorpA CNBKA .6 17 114.49 +19.38 .18 11.75 3.00 CumulusMedia CMLS ... dd 9.38 –0.05 ... 9.01 2.49 EverspinTech MRAM ... dd 5.70 –0.63 ... 8.50 1.36 Fluent FLNT ... cc 4.10 –0.36 ... 19.73 11.66 GladstoneLand LAND 2.8 dd 18.92 +0.36 .045
6.90 1.81 Ceragon CRNT ... dd 3.76 –0.05 ... 151.80 36.15 CureVac CVAC ... ... 87.92 –3.27 ... 10.24 0.90 Evogene EVGN ... dd 4.65 –0.23 ... 12.45 1.67 Fluidigm FLDM ... dd 4.60 –0.12 ... 83.69 36.49 GlbBloodTherap GBT ... dd 40.77 –1.85 ...
139.00 17.81 Cerence CRNC ... cc 92.70 –0.64 ... 13.44 0.67 Curis CRIS ... dd 11.50 –0.35 ... 17.38 2.85 Evolus EOLS ... dd 13.58 +0.99 ... 25.22 9.19 FlushingFin FFIC 3.9 18 21.63 +0.66 .21 31.86 17.01 GlobalIndemnity GBLI .7 15 28.70 –0.80 .25
84.20 63.11 Cerner CERN 1.2 29 72.79 –0.13 .22 38.80 10.36 Cutera CUTR ... dd 31.40 +0.40 ... 24.67 10.29 Exagen XGN ... dd 16.34 –1.16 ... 56.56 18.25 FocusFinPtrs FOCS ... 76 43.37 +0.12 ... 18.13 9.75 GlobalWaterRscs GWRS 1.7 cc 17.04 +0.52 .0243
41.79 24.58 Certara CERT ... ... 26.96 –0.49 ... 169.70 84.11 CyberArkSoftware CYBR ... dd 135.75 +3.75 ... 27.80 17.54 Exelixis EXEL ... 66 23.12 ... ... 28.27 11.65 FoghornTherap FHTX ... ... 12.29 –0.44 ... 12.95 5.63 GluMobile GLUU ... cc 12.47 ... ...
8.87 4.87 Cerus CERS ... dd 6.13 +0.05 ... 43.48 18.27 CyberOptics CYBE ... 34 26.15 –0.54 ... 46.02 33.97 Exelon EXC 3.4 22 44.83 +0.92 .3825 56.33 22.51 FormaTherap FMTX ... dd 27.90 +0.22 ... 5.19 2.34 GlycoMimetics GLYC ... dd 2.89 –0.28 ...
25.59 6.00 ChampionX CHX ... dd 20.48 –1.09 ... 8.96 2.18 CyclerionTherap CYCN ... dd 2.85 –0.44 ... 95.98 50.76 ExlService EXLS ... 36 92.81 +1.43 ... 52.39 20.71 FormFactor FORM ... 51 50.85 +1.10 ... 17.23 1.33 Gogo GOGO ... dd 10.66 +0.70 ...
24.21 9.55 ChangeHlthcr CHNG ... dd 22.51 +0.12 ... 9.06 1.50 CymaBayTherap CBAY ... dd 4.30 –0.36 ... 66.48 6.17 ExOne XONE ... dd 29.03 –2.26 ... 99.06 60.21 FormulaSys FORTY .9 30 92.55 +3.55 .4781 26.25 9.82 GoHealth GOCO ... dd 12.14 +0.65 ...
81.63 39.38 ChangeHlthcrUn CHNGU 4.0 ... 75.31 –0.22 .75 86.77 61.64 CyrusOne CONE 2.9 cc 69.56 –0.02 .51 90.00 3.75 eXpWorld EXPI ... cc 41.80 –3.52 ... 47.44 27.14 ForresterResearch FORR ... 79 41.82 –1.48 ... 3.57 1.80 GolarLNGPartners GMLP 2.3 13 3.50 +0.01 .0202
681.71 462.16 CharterComms CHTR ... 40 614.24 +5.66 ... 30.14 13.08 Cytokinetics CYTK ... dd 24.16 –0.28 ... 187.93 55.23 Expedia EXPE ... dd 174.98 –0.95 ... 23.95 5.70 Forterra FRTA ... 25 23.47 ... ... 15.12 5.18 GolarLNG GLNG ... dd 10.57 –0.15 ...
139.26 100.66 CheckPoint CHKP ... 19 115.37 +1.77 ... 15.44 6.25 CytomXTherap CTMX ... dd 7.72 –0.15 ... 110.63 67.56 ExpeditorsIntl EXPD 1.0 27 108.92 +0.16 .52 197.89 99.61 Fortinet FTNT ... 68 197.62 +11.23 ... 30.89 6.28 GoldenEnt GDEN ... dd 28.82 +2.38 ...
23.10 8.61 CheckmatePharm CMPI ... dd 10.57 –1.03 ... 101.00 61.47 Exponent EXPO .8 65 100.94 +2.10 .20 93.53 40.75 ForwardAir FWRD .9 cc 89.08 –0.32 .21 27.18 9.79 GoldenNugget GNOG ... dd 16.34 +2.51 ...
7.83 2.69 GoldenOcean GOGL ... dd 7.16 +0.31 ...
D
63.20 16.63 Cheesecake CAKE ... dd 58.61 –0.47 ... 20.09 7.91 ExtendedStayAmer STAY 1.8 ... 19.84 +0.13 .09 28.60 2.69 Fossil FOSL ... dd 13.00 +0.52 ...
34.48 10.54 ChefsWarehouse CHEF ... dd 31.96 +0.70 ... 38.25 18.00 ExtractionOil XOG ... ... 37.92 +1.90 ... 19.47 9.29 FosterLB FSTR ... 11 17.77 –0.23 ... 15.47 9.57 GolubCapital GBDC 7.5 35 15.38 +0.30 .29
70.29 44.05 ChemoCentryx CCXI ... dd 49.41 –1.47 ... 11.12 2.63 ExtremeNetworks EXTR ... dd 9.41 +0.55 ... 55.11 34.00 4D Molecular FDMT ... ... 37.69 –2.35 ... 64.22 33.39 GoodRx GDRX ... dd 40.15 +1.12 ...
45.00 23.01 ChemungFinl CHMG 2.4 11 44.13 +1.64 .26 7.38 1.35 DBV Tech DBVT ... dd 5.74 +0.42 ... 15.06 3.51 EyePointPharm EYPT ... dd 10.01 –0.80 ... 15.50 11.56 4Dpharma LBPS ... dd 13.25 +1.31 ... 19.38 5.73 Goodyear GT ... dd 17.92 +0.56 ...
50.00 40.00 ChesapeakeEner CHK ... dd 45.54 +0.61 ... 3.55 0.93 DIRTT Envl DRTT ... dd 3.18 +0.06 ... 6.84 4.34 Ezcorp EZPW ... dd 5.37 +0.23 ... 1.76 1.00 4DpharmaWt LBPSW ... ... 1.25 +0.05 ... 174.80 39.21 GooseheadIns GSHD .0 cc 101.74 –9.26 1.1495
31.00 15.00 ChesapeakeWtC CHKEL ... ... 17.51 +0.11 ... 39.24 20.41 DISH Network DISH ... 12 37.56 +0.76 ... 44.80 23.57 FoxA FOXA 1.2 15 37.46 +1.15 .23 13.79 2.51 GoPro GPRO ... dd 13.08 +0.70 ...
7.75 2.77 Chiasma CHMA ... dd 3.01 –0.17 ... 70.00 21.94 DMC Global BOOM ... dd 51.53 –3.76 ... 42.14 23.36 FoxB FOX 1.3 14 36.08 +1.08 .23 16.79 7.92 GossamerBio GOSS ... dd 8.74 –0.61 ...
32.95 6.45 ChickenSoupA CSSE ... dd 32.57 +4.60 ... 18.77 12.42 DSP Group DSPG ... dd 14.46 –0.37 ... F 144.26 39.53 FoxFactory FOXF ... 61 133.59 +2.96 ... 33.70 12.30 GracellBiotech GRCL ... ... 13.50 +0.04 ...
85.59 17.78 Children'sPlace PLCE ... dd 74.00 +5.11 ... 35.98 11.29 DXP Ents DXPE ... dd 30.50 +0.01 ... 41.50 9.31 Franchise FRG 4.0 24 37.40 +0.57 .375 114.48 73.90 GrandCanyonEduc LOPE ... 21 112.36 +2.08 ...
11.57 1.37 Chimerix CMRX ... dd 8.45 –1.09 ... 61.27 14.60 DadaNexus DADA ... dd 25.64 –1.17 ... 97.88 43.36 FARO Tech FARO ... cc 87.18 –1.04 ... 82.99 43.00 FranklinElec FELE .9 38 80.99 +0.76 .175 37.88 5.12 GraybugVision GRAY ... ... 5.33 –0.19 ...
120.01 99.52 ChinaBiologic CBPO ... 30 118.00 –0.01 ... 7.23 3.69 Daktronics DAKT ... 30 6.38 –0.05 ... 216.15 116.79 F5Networks FFIV ... 44 210.42 –0.69 ... 21.69 11.85 FreelineTherap FRLN ... dd 13.23 –0.44 ... 5.53 2.50 GreatElmCap GECC 36.5 dd 3.29 –0.22 .10
31.40 3.95 ChinaFinance JRJC ... dd 12.05 –0.45 ... 119.43 37.42 Datadog DDOG ... dd 88.80 +1.60 ... 6.40 2.80 FGFinancial FGF ... dd 5.42 +0.67 ... 7.84 0.90 FreightCarAmer RAIL ... dd 5.95 –0.70 ... 4.85 1.56 GreatElm GEG ... dd 2.46 +0.01 ...
3.14 0.94 ChinaIndex CIH ... 5 2.25 +0.04 ... 51.73 8.43 Dave&Buster's PLAY ... dd 44.07 –1.24 ... 52.98 37.68 FRP Holdings FRPH ... 40 47.97 –1.19 ... 13.06 7.41 FrequencyElec FEIM ... dd 11.65 +0.38 ... 16.12 7.42 GreatLakesDredge GLDD ... 15 15.41 +0.41 ...
1.35 0.85 ChinaXDPlastics CXDC ... dd 1.04 –0.07 ... 7.45 0.53 DAVIDsTEA DTEA ... dd 3.56 –0.28 ... 315.88 168.34 Facebook FB ... 31 312.46 +13.80 ... 58.37 7.34 FrequencyTherap FREQ ... dd 10.84 +1.45 ... 60.55 32.62 GreatSouthernBncp GSBC 2.4 13 56.13 –0.67 .34
27.47 13.12 Chindata CD ... dd 15.12 –1.71 ... 4.47 1.01 DawsonGeophys DWSN ... dd 2.46 –0.04 ... 129.04 5.91 FangddNetwork DUO ... dd 6.05 –0.43 ... 173.52 62.13 Freshpet FRPT ... dd 168.28 +8.89 ... 31.80 4.15 GreenPlains GPRE ... dd 27.60 –3.50 ...
21.68 10.50 ChinookTherap KDNY ... dd 14.82 –0.68 ... 24.39 10.41 DecibelTherap DBTX ... ... 10.54 –0.82 ... 22.91 11.79 Fanhua FANH 7.1 19 13.73 –0.66 .25 58.94 33.13 frontdoor FTDR ... 41 54.60 –0.60 ... 13.74 4.26 GreenPlainsPtrs GPP 3.9 7 12.18 –0.38 .12
36.31 18.03 ChipMOSTechs IMOS ... 16 34.78 +3.13 ... 68.40 39.42 DecipheraPharm DCPH ... dd 43.81 –2.22 ... 11.68 3.40 FarmerBros FARM ... dd 9.92 –0.75 ... 21.98 18.26 Frontier ULCC ... ... 21.37 +2.52 ... 8.73 1.67 Greenlane GNLN ... dd 6.04 –0.16 ...
258.32 85.24 ChurchillDowns CHDN .3 dd 221.91 –9.32 .622 93.94 18.45 DenaliTherap DNLI ... cc 52.26 –3.67 ... 51.89 31.87 Fastenal FAST 2.2 34 50.06 –1.05 .28 29.44 1.45 FuelCell FCEL ... dd 12.46 –1.89 ... 9.44 5.91 GreenlightCapRe GLRE ... 64 9.00 +0.20 ...
47.65 12.37 Chuy's CHUY ... dd 45.56 +0.08 ... 65.09 36.12 DentsplySirona XRAY .6 dd 64.20 +0.76 .10 121.16 25.60 FateTherap FATE ... dd 77.99 –3.92 ... 22.39 7.01 FulcrumTherap FULC ... dd 11.87 –0.13 ... 7.40 3.11 GreenSky GSKY ... 48 6.20 –0.14 ...
4.45 1.82 CidaraTherap CDTX ... dd 2.30 –0.40 ... 64.82 36.45 Descartes DSGX ... cc 64.45 +2.55 ... 13.67 4.42 FedNat FNHC 7.7 dd 4.66 –0.01 .09 189.89 10.27 FulgentGenetics FLGT ... 10 85.41 –15.04 ... 21.88 14.81 Grifols GRFS 1.7 16 18.00 +1.38 .0097
128.87 43.57 Cimpress CMPR ... ... 106.27 +2.71 ... 50.50 25.27 DesignTherap DSGN ... ... 26.60 –3.15 ... 57.21 18.12 FibroGen FGEN ... dd 18.57 –17.11 ... 18.41 8.89 FultonFin FULT 3.2 16 17.24 +0.11 .14 7.80 2.13 GrindrodShipping GRIN ... dd 6.90 –0.04 ...
108.99 46.07 CincinnatiFin CINF 2.4 14 105.09 +0.95 .63 4.00 2.10 Deswell DSWL 2.4 dd 3.72 +0.14 .09 70.97 30.50 FidelityD&D FDBC 2.1 21 58.00 –6.35 .30 25.07 3.37 Funko FNKO ... cc 22.83 +1.87 ... 35.20 2.54 GritstoneOncology GRTS ... dd 9.10 –1.06 ...
6.00 0.37 Cinedigm CIDM ... dd 1.23 –0.35 ... 456.23 270.11 DexCom DXCM ... 79 382.89 +17.39 ... 18.52 5.36 FiestaRestaurant FRGI ... dd 13.95 +1.35 ... 48.50 10.02 FusionFuelGreen HTOO ... dd 12.59 –0.44 ... 48.87 31.81 GroceryOutlet GO ... 35 37.90 +1.10 ...
369.20 186.11 Cintas CTAS .9 39 352.48 +4.17 .75 177.11 90.24 DiamondHillInvt DHIL 2.4 14 165.91 +5.39 1.00 40.46 14.47 FifthThirdBncp FITB 2.8 21 38.44 +0.46 .27 19.00 9.31 FusionPharm FUSN ... dd 9.51 –1.08 ... 64.69 14.95 Groupon GRPN ... dd 48.73 –1.24 ...
103.25 55.30 CirrusLogic CRUS ... 25 84.95 –2.66 ... 88.75 23.63 DiamondbkEner FANG 2.1 dd 74.80 –6.42 .40 80.50 55.13 51job JOBS ... 27 63.11 +0.26 ... 204.25 10.00 Futu FUTU ... cc 156.70 +3.10 ... 60.53 25.88 GrAeroportuario OMAB ... 31 53.29 +1.13 ...
M18 BARRON’S April 12, 2021

Nasdaq Issues
52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
39.99 19.42 GuarantyBcshrs GNTY 1.9 17 38.15 +0.56 .20 50.97 15.20 Inhibrx INBX ... dd 20.50 ... ... 100.38 44.20 LamarAdv LAMR 3.1 40 95.37 +0.12 .75 16.70 5.77 MercerIntl MERC 1.6 dd 15.78 +1.16 .065 24.40 17.98 NortonLifeLock NLOK 2.3 dd 21.93 +0.51 .125
21.25 13.35 GuarFedBcsh GFED 3.0 13 19.75 +0.49 .15 82.70 21.68 InMode INMD ... 45 80.69 +4.83 ... 188.25 127.55 LancasterColony LANC 1.7 37 178.85 +1.00 .75 96.29 59.88 MercurySystems MRCY ... 53 76.26 +3.84 ... 30.47 21.20 NorwoodFin NWFL 4.0 13 26.04 –0.56 .26
181.07 64.35 GuardantHealth GH ... dd 157.17 +0.18 ... 8.23 3.55 InnatePharma IPHA ... dd 4.26 –0.05 ... 12.24 7.48 Landec LNDC ... dd 9.91 –0.72 ... 4.71 1.03 MereoBioPharma MREO ... dd 4.08 +0.70 ... 99.79 34.35 NovaMeasuring NVMI ... 59 96.89 +1.30 ...
4.70 2.67 GulfIslandFab GIFI ... dd 4.41 +0.56 ... 9.49 0.80 Innodata INOD ... cc 7.19 +0.57 ... 28.50 17.84 LandmarkBncp LARK 3.1 6 25.71 –1.23 .20 19.55 9.53 MeridianBancorp EBSB 2.2 14 18.45 –0.19 .10 146.16 75.87 Novanta NOVT ... cc 135.81 +0.95 ...
6.42 3.36 Gulf Resources GURE ... dd 5.09 +0.84 ... 107.73 61.48 Innospec IOSP 1.0 89 102.53 –2.80 .52 13.50 8.60 LandmarkInfrPtrs LMRK 6.7 cc 12.02 ... .20 30.65 8.91 MeridianBiosci VIVO ... 16 25.04 –3.26 ... 331.68 16.41 Novavax NVAX ... dd 179.74 –6.08 ...
27.18 20.86 InnovAge INNV ... dd 24.59 +0.22 ... 16.99 8.82 LandosBio LABP ... ... 9.93 +0.22 ... 27.96 11.84 Meridian MRBK 1.9 6 25.90 +0.07 1.00 194.75 55.40 Novocure NVCR ... cc 132.09 –1.26 ...
H 8.24
15.62
3.02
9.21
InnovSolSuprt
Innoviva
ISSC
INVA
.0
...
35
6
6.48
11.70
+0.17
–0.26
.50
...
173.23
21.99
94.12
10.52
LandstarSystem
Lantheus
LSTR
LNTH
.5
...
34
dd
169.42
21.04
+1.72
+0.04
.21
...
61.74
9.45
33.02
3.06
MeritMedical
MerrimackPharm
MMSI
MACK
...
...
dd
dd
61.50
6.15
+1.72
–0.33
...
...
51.62
7.83
16.45
4.02
NuanceComms
NuCana
NUAN
NCNA
...
...
dd
dd
45.58
4.32
+0.67 ...
–0.72 ...
56.46 26.57 Inogen INGN ... dd 54.03 +1.24 ... 25.87 8.64 LarimarTherap LRMR ... dd 14.23 –0.42 ... 29.09 7.66 MersanaTherap MRSN ... dd 15.81 –1.66 ... 52.38 15.21 NurixTherap NRIX ... dd 29.12 –1.91 ...
38.90 11.82 H&E Equipment HEES 3.0 dd 37.05 –0.77 .275 30.77 15.15 Inovalon INOV ... cc 29.95 +0.28 ... 51.50 18.46 LatticeSemi LSCC ... cc 50.18 +1.50 ... 31.27 10.18 Merus MRUS ... dd 23.06 +1.47 ... 35.58 15.63 Nutanix NTNX ... dd 27.39 +0.17 ...
18.44 9.78 HBT Finl HBT 3.5 13 17.12 –0.05 .15 33.79 6.88 InovioPharma INO ... dd 8.72 –0.76 ... 15.46 7.49 LaureateEduc LAUR ... dd 13.18 –0.78 ... 17.40 2.77 MesaAir MESA ... 15 12.96 –0.33 ... 69.28 43.11 Nuvasive NUVA ... dd 68.71 +4.03 ...
20.75 13.06 HMN Fin HMNF ... 9 20.09 –0.40 ... 31.65 16.10 InozymePharma INZY ... dd 19.02 –1.48 ... 60.79 26.51 LawsonProducts LAWS ... 32 51.35 –0.43 ... 307.97 207.55 MesaLab MLAB .3 dd 241.00 –7.55 .16 614.90 257.00 NVIDIA NVDA .1 84 576.00 +23.53 .16
15.52 7.07 Hookipa HOOK ... dd 13.71 –0.05 ... 185.28 89.22 Inphi IPHI ... dd 180.74 +0.20 ... 3.24 1.43 LeapTherap LPTX ... dd 1.80 –0.12 ... 21.28 6.09 Mesoblast MESO ... dd 8.51 +0.20 ...
18.94
67.55
11.05
37.84
HackettGroup
HailiangEduc
HCKT
HLG
2.2
...
cc
26
17.78
53.16
+0.96
–1.86
.10
...
21.93
100.09
8.27
43.00
Inseego
InsightEnt
INSG
NSIT
...
...
dd
20
9.40
97.46
–0.45
+1.50
...
...
19.51
43.24
8.50
23.41
LegacyHousing
LegendBiotech
LEGH
LEGN
...
...
12
dd
18.78
28.45
+0.10
–0.10
...
...
48.89
16.19
13.09
5.16
MetaFinancial
Metacrine
CASH
MTCR
.4
...
15
...
46.99
5.21
+0.64
–0.52
.05
... O
46.02 24.76 HainCelestial HAIN ... cc 42.56 –1.72 ... 45.44 16.86 Insmed INSM ... dd 31.70 –3.74 ... 54.96 23.40 LeMaitreVascular LMAT .9 50 51.44 +2.86 .11 49.27 12.05 Methanex MEOH .4 dd 39.79 +2.07 .0375
6.64 2.28 HallmarkFin HALL ... dd 3.72 –0.22 ... 29.49 21.45 InstilBio TIL ... ... 22.03 –1.66 ... 372.64 175.01 LendingTree TREE ... dd 227.55 +7.04 ... 17.55 8.31 MetroCityBkshs MCBS 2.7 11 14.94 –0.53 .10 48.24 17.10 ODP ODP ... dd 43.08 +0.08 ...
56.40 17.74 HalozymeTherap HALO ... 47 42.77 +0.34 ... 298.43 164.40 Insulet PODD ... cc 287.13 +22.31 ... 32.84 19.15 Leslie's LESL ... 89 24.95 +0.08 ... 22.42 1.86 Michaels MIK ... 11 21.97 +0.04 ... 12.39 5.54 OP Bancorp OPBK 2.7 12 10.34 –0.30 .07
97.48 53.60 HamiltonLane HLNE 1.3 38 92.69 +1.49 .3125 71.34 42.12 IntegraLifeSci IART ... 44 70.12 +2.04 ... 28.77 14.15 LevelOneBncp LEVL 1.0 10 24.73 –1.68 .06 166.67 74.58 MicrochipTech MCHP 1.0 cc 161.73 +1.56 .39 6.47 1.39 OPKO Health OPK ... 88 4.18 –0.20 ...
47.37 14.88 HancockWhitney HWC 2.6 dd 42.14 +0.02 .27 68.40 43.61 Intel INTC 2.0 14 68.26 +3.71 .3475 9.65 1.03 LexiconPharm LXRX ... dd 5.37 –0.50 ... 96.39 41.19 MicronTech MU ... 34 95.30 +2.89 ... 11.55 2.22 Orbcomm ORBC ... dd 11.49 +3.72 ...
21.86 7.15 HanmiFinancial HAFC 2.0 15 20.08 +0.16 .10 92.00 12.19 IntelliaTherap NTLA ... dd 70.64 –9.42 ... 15.42 6.04 LexinFintech LX ... 24 9.32 –0.58 ... 255.99 162.30 Microsoft MSFT .9 38 255.85 +13.50 .56 517.48 332.16 OReillyAuto ORLY ... 22 516.71 +8.89 ...
14.33 6.91 HarborOneBncp HONE .9 17 13.85 +0.10 .05 15.45 3.40 Intellicheck IDN ... cc 8.77 +0.07 ... 47.70 14.31 LiAuto LI ... dd 22.76 –2.49 ... 1315.00 109.64 MicroStrategy MSTR ... dd 711.00 +7.44 ... 100.67 66.11 OSI Systems OSIS ... 28 97.17 +0.26 ...
8.57 4.50 Harmonic HLIT ... dd 7.99 +0.07 ... 77.84 36.46 InterParfums IPAR 1.4 59 71.35 –0.16 .25 162.26 110.10 LibertyBroadbandA LBRDA .0 66 143.54 –0.05 .4375 24.18 0.20 MicroVision MVIS ... dd 14.22 –1.32 ... 11.25 1.23 O2MicroIntl OIIM ... ... 7.99 –0.26 ...
52.74 26.51 HarmonyBio HRMY ... dd 28.32 –3.77 ... 80.57 36.25 InteractiveBrkrs IBKR .5 31 74.47 +0.80 .10 165.23 113.64 LibertyBroadbandC LBRDK ... 68 148.18 –0.96 ... 29.87 15.61 MidPennBancorp MPB 2.9 8 25.85 –0.85 .19 6.75 3.55 OaktreeSpec OCSL 7.3 10 6.62 +0.37 .12
25.24 10.55 HarpoonTherap HARP ... dd 22.67 +2.43 ... 95.98 18.15 InterceptPharm ICPT ... dd 22.17 –2.11 ... 27.04 17.60 LibertyGlobal A LBTYA ... dd 25.81 +0.02 ... 172.95 46.61 Middleby MIDD ... 43 162.58 –2.91 ... 22.93 3.85 OasisMidstream OMP 9.7 24 22.34 +0.35 .54
11.10 3.63 HarrowHealth HROW ... dd 7.05 +0.26 ... 73.29 44.17 InterDigital IDCC 2.0 49 71.26 +6.17 .35 58.31 18.13 LibertyGlobal B LBTYB ... dd 26.00 –6.00 ... 85.92 56.44 MiddlesexWater MSEX 1.4 37 79.72 +0.58 .2725 69.75 20.00 OasisPetrol OAS 2.2 3 69.75 +8.31 .375
7.14 2.06 HarvardBioSci HBIO ... dd 6.53 +1.09 ... 14.35 5.88 Interface TILE .3 dd 12.66 –0.05 .01 26.79 16.74 LibertyGlobal C LBTYK ... dd 25.71 +0.08 ... 30.32 12.48 MidlandStBncp MSBI 4.0 29 28.05 +0.65 .28 6.30 1.86 ObsEva OBSV ... dd 3.04 –0.31 ...
101.24 60.20 Hasbro HAS 2.9 59 95.24 –0.22 .68 53.06 23.35 IntlBcshs IBOC 2.4 18 46.17 –0.62 .55 14.64 7.55 LibertyLatAmA LILA ... dd 13.89 +0.65 ... 33.68 15.25 MidWestOneFin MOFG 2.9 75 30.78 –0.24 .225 25.76 12.88 OceanFirstFin OCFC 2.9 23 23.78 –0.01 .17
29.86 10.31 HawaiianHoldings HA ... dd 26.08 –0.73 ... 26.98 8.70 IntersectENT XENT ... dd 20.49 –0.50 ... 14.93 7.47 LibertyLatAmC LILAK ... dd 14.05 +0.68 ... 11.40 2.05 MilestonePharm MIST ... dd 5.63 –0.42 ... 24.30 4.76 OcularTherapeutix OCUL ... dd 16.51 –0.90 ...
39.73 16.07 Hawkins HWKN 1.5 19 33.28 –0.62 .1225 8.46 4.45 Intevac IVAC ... cc 7.25 –0.89 ... 42.87 21.17 LibertyFormOne A FWONA ... dd 40.23 +1.56 ... 44.88 17.98 MillerHerman MLHR 1.7 dd 43.60 +1.77 .1875 46.50 3.02 OdonateTherap ODT ... dd 3.85 +0.44 ...
26.06 14.62 HawthornBcsh HWBK 2.5 10 21.00 –1.60 .13 40.01 16.00 Intra-Cellular ITCI ... dd 31.69 –2.47 ... 48.49 22.10 LibertyFormOne C FWONK ... dd 45.48 +1.65 ... 41.18 20.15 MillicomIntl TIGO ... dd 39.92 +1.41 ... 31.58 17.62 OfficePropIncm OPI 7.9 cc 27.73 –0.05 .55
33.78 15.29 HaynesIntl HAYN 3.0 dd 28.99 –0.80 .22 28.16 9.95 Intricon IIN ... dd 24.82 –0.25 ... 34.99 17.19 LibertyBraves A BATRA ... dd 29.52 +0.24 ... 59.48 32.69 Mimecast MIME ... cc 40.43 –0.42 ... 32.70 19.20 OhioValleyBanc OVBC 3.6 11 23.17 –1.83 .21
38.25 14.25 Headhunter HHR ... 75 34.99 +0.61 ... 423.74 244.56 Intuit INTU .6 63 417.61 +22.38 .59 31.76 16.80 LibertyBraves C BATRK ... dd 28.92 +0.42 ... 3.33 1.66 Mind CTI MNDO 8.7 11 2.98 +0.29 .26 294.00 130.38 Okta OKTA ... dd 244.26 +14.56 ...
55.07 24.22 HealthCatalyst HCAT ... dd 48.36 +0.19 ... 826.81 488.00 IntuitiveSurgical ISRG ... 89 784.48 +36.88 ... 47.20 27.49 LibertySirius A LSXMA ... 56 46.72 +1.03 ... 15.22 1.81 MinervaNeurosci NERV ... 46 2.67 –0.30 ... 251.11 123.50 OldDomFreight ODFL .3 44 249.28 +5.59 .20
35.80 20.05 HealthcareSvcs HCSG 2.8 22 28.81 +0.20 .2062 19.06 9.01 Inventiva IVA ... dd 14.44 –0.01 ... 50.01 30.54 LibertySirius B LSXMB ... 56 46.49 –3.52 ... 249.42 80.36 MiratiTherap MRTX ... dd 170.17 –9.56 ... 21.28 11.19 OldNatlBncp ONB 2.9 14 19.21 –0.21 .14
93.32 44.11 HealthEquity HQY ... cc 69.33 +1.22 ... 23.45 10.00 Investar ISTR 1.3 16 20.88 +0.16 .07 47.32 27.12 LibertySirius C LSXMK ... 57 46.83 +1.29 ... 27.43 13.60 MirumPharm MIRM ... dd 18.20 –2.40 ... 14.16 5.96 Old2ndBcp OSBC .3 15 13.44 +0.28 .01
26.63 17.95 HealthStream HSTM ... 51 22.13 –0.39 ... 6.30 2.76 InvestcpCredit ICMB 10.5 dd 5.69 +0.13 .18 134.00 3.81 LibertyTripAdvB LTRPB ... dd 45.21 –22.79 ... 20.71 9.06 Misonix MSON ... dd 19.85 +0.12 ... 60.27 26.74 OlemaPharm OLMA ... ... 32.84 –1.55 ...
22.75 17.85 HeartlandExp HTLD .4 23 19.78 +0.12 .02 15.34 6.74 InvestorsBancorp ISBC 3.8 16 14.73 +0.10 .14 7.74 1.36 LibertyTripAdvA LTRPA ... dd 6.05 –0.63 ... 22.19 11.75 MissionProduce AVO ... 47 19.88 +0.72 ... 42.20 28.97 OlinkHolding OLK ... ... 37.60 +0.40 ...
54.04 25.30 HeartlandFinUSA HTLF 1.8 14 50.27 –0.06 .22 194.26 96.45 InvestorsTitle ITIC 1.1 8 166.29 –0.58 .44 16.50 3.75 LifetimeBrands LCUT 1.2 dd 14.28 –0.37 .0425 189.26 31.71 Moderna MRNA ... dd 140.92 +8.37 ... 123.52 50.84 Ollie'sBargain OLLI ... 24 88.84 +0.64 ...
39.57 18.08 Heidrick&Strug HSII 1.6 dd 37.23 +0.63 .15 64.37 41.42 IonisPharma IONS ... dd 42.36 –2.69 ... 8.89 1.77 LifewayFoods LWAY ... 25 5.24 –0.22 ... 184.71 53.70 ModivCare MODV ... 59 141.00 –8.58 ... 32.60 7.74 OlympicSteel ZEUS .3 dd 28.50 –2.03 .02
265.97 130.59 HelenofTroy HELE ... 24 212.65 –0.13 ... 54.21 24.67 IovanceBiotherap IOVA ... dd 30.19 –2.03 ... 219.75 78.26 LigandPharm LGND ... dd 153.44 –1.16 ... 24.69 12.52 Momo MOMO .0 12 15.80 +0.60 .62 193.60 72.95 OmegaFlex OFLX .7 77 152.36 –4.25 .28
76.00 29.03 HeliosTechnologies HLIO .5 cc 69.83 –3.15 .09 28.97 14.60 iQIYI IQ ... dd 16.80 +0.16 ... 8.19 2.76 LimelightNetworks LLNW ... dd 3.58 –0.21 ... 70.89 23.16 MonarchCasino MCRI ... 54 66.37 +3.80 ... 25.46 9.25 Omeros OMER ... dd 18.23 +0.04 ...
14.44 7.64 HemisphereMedia HMTV ... dd 12.78 –0.14 ... 286.19 78.00 iRhythmTechs IRTC ... dd 132.76 –4.45 ... 31.45 3.51 LiminalBioSci LMNL ... dd 4.11 –0.16 ... 60.23 48.77 Mondelez MDLZ 2.1 24 58.85 +0.41 .315 146.00 56.16 Omnicell OMCL ... cc 134.69 –0.03 ...
74.89 49.83 HenrySchein HSIC ... 25 69.39 +0.72 ... 8.28 1.46 Iridex IRIX ... dd 7.30 +0.12 ... 19.37 10.91 Limoneira LMNR 1.7 dd 17.41 +0.10 .075 11.70 1.28 MoneyGram MGI ... dd 6.49 –0.94 ... 44.59 12.70 ON Semi ON ... 78 42.96 +0.07 ...
12.50 6.13 HeritageCommerce HTBK 4.2 21 12.36 +0.16 .13 54.65 19.18 IridiumComm IRDM ... dd 42.95 +2.75 ... 8.99 2.26 LincolnEduc LINC ... 4 6.40 –0.08 ... 428.97 137.07 MongoDB MDB ... dd 297.96 +7.63 ... 6.57 1.15 OncoCyte OCX ... dd 5.32 +0.08 ...
30.00 12.60 HeritageCrystal HCCI ... 55 28.16 +0.35 ... 197.40 45.75 iRobot IRBT ... 23 116.82 –4.87 ... 129.04 68.12 LincolnElectric LECO ... 36 122.14 –1.57 ... 406.75 164.25 MonolithicPower MPWR .6 cc 376.87 +9.35 .60 37.86 11.50 Oncorus ONCR ... ... 14.16 +0.11 ...
30.86 14.65 HeritageFin HFWA 2.8 22 28.43 –0.17 .20 12.55 8.63 IronwoodPharm IRWD ... 15 10.19 –0.69 ... 22.13 4.51 LiquiditySvcs LQDT ... cc 18.87 –0.56 ... 71.69 39.39 Monro MNRO 1.3 cc 69.34 +4.47 .22 39.61 13.64 1-800-FLOWERS FLWS ... 17 26.24 –1.47 ...
78.32 11.19 HibbettSports HIBB ... 17 72.71 +3.26 ... 47.61 17.50 iTeosTherap ITOS ... dd 27.01 –8.30 ... 287.92 125.03 Littelfuse LFUS .7 51 269.95 +2.55 .48 95.83 58.70 MonsterBev MNST ... 36 95.29 +3.93 ... 8.07 3.84 180DegreeCap TURN ... dd 7.41 +0.24 ...
21.82 4.20 HighPeakEner HPK ... ... 7.20 +0.35 ... 122.31 50.87 Itron ITRI ... dd 91.60 +1.07 ... 83.20 41.07 LivaNova LIVN ... dd 80.00 +6.56 ... 255.75 121.59 Morningstar MORN .5 45 233.46 +0.44 .315 59.82 17.66 1LifeHealthcare ONEM ... dd 42.18 +0.95 ...
8.90 0.52 HighPeakEnerWt HPKEW ... ... 2.31 –0.14 ... 23.86 12.52 IturanLocation ITRN 2.2 29 22.24 +0.28 .48 71.33 10.90 LiveOakBcshs LOB .2 50 70.09 +1.85 .03 93.00 12.09 Morphic MORF ... dd 59.35 –5.63 ... 45.88 5.20 111 YI ... dd 11.18 –2.89 ...
17.88 2.81 HimaxTechs HIMX ... 57 15.37 +1.60 ... 72.23 21.00 LivePerson LPSN ... dd 56.83 +1.64 ... 35.73 21.27 MorphoSys MOR ... 45 22.36 +0.21 ... 44.50 6.57 OneWaterMarine ONEW ... 12 42.60 +0.80 ...
296.97 135.04 HinghamSvg HIFS .7 12 285.00 –0.51 .49 99.89 17.55 Ontrak OTRK ... dd 32.29 –0.06 ...
16.31 9.83 HollysysAuto HOLI 1.6 12 12.85 +0.26 .20 J 11.00
16.75
5.60
1.95
LixiangEduc
Lizhi
LXEH
LIZI
...
...
16
dd
8.50
7.96
+0.90
–1.18
...
...
26.42
5.22
10.64
2.42
MotorcarParts
MustangBio
MPAA
MBIO
...
...
35
dd
22.05
3.19
–0.53
–0.16
...
...
43.00 9.37 OpenLending LPRO ... dd 38.56 –2.72 ...
85.00 39.79 Hologic HOLX ... 14 73.63 –0.71 ... 49.99 35.65 OpenText OTEX 1.6 cc 49.36 +1.06 .2008
39.24 18.77 HomeBancorp HBCP 2.4 13 36.95 +0.01 .22 14.40 3.50 JakksPacific JAKK ... dd 7.15 –0.44 ... 10.00 5.00 LogicBioTherap LOGC ... dd 6.16 –1.00 ... 33.97 10.54 MyriadGenetics MYGN ... dd 28.16 –3.05 ... 39.24 10.55 OpendoorTech OPEN ... dd 20.51 –1.24 ...
29.21 10.79 HomeBancShares HOMB 2.1 21 26.93 –0.09 .14 169.58 109.65 J&JSnackFoods JJSF 1.5 cc 156.29 –0.35 .575 120.24 44.02 LogitechIntl LOGI .8 20 109.01 +1.03 .8729 24.90 2.60 OpendoorTechWt OPENW ... ... 9.21 –1.28 ...
13.15
52.46
9.05
19.46
HomePtCap
HomeStreet
HMPT
HMST
...
2.3
...
12
9.76
43.30
+0.06
–0.42
...
.25
108.29
13.70
40.59
9.75
JD.com
Joann JOAN
JD ...
...
18
...
80.41
11.87
–3.90
+1.33
...
...
18.95
13.96
15.24
5.70
LongboardPharm
LoopIndustries
LBPH
LOOP
...
...
...
dd
16.00
8.35
–0.04
–0.51
...
... N 13.93
22.90
4.80
5.26
Opera
OportunFin
OPRA
OPRT
...
... dd
7 10.56
21.16
–0.13
+0.19
...
...
25.94 12.07 HomeTrustBcshs HTBI 1.3 21 25.39 +0.94 .08 50.85 14.85 LoralSpace LORL .0 13 38.07 –0.25 1.50 18.06 8.45 OptheaADR OPT ... dd 9.66 +0.05 ...
148.88 50.71 Joyy YY 1.3 6 100.01 +1.12 .51 31.80 9.85 LordstownMotors RIDE ... dd 11.72 –0.33 ... 37.41 15.28 Napco Security NSSC ... 90 35.17 –0.90 ...
19.40 7.14 HomologyMed FIXX ... dd 7.32 –2.30 ... 124.82 53.25 j2Global JCOM ... 38 123.22 +2.19 ... 12.75 9.91 Optibase OBAS ... 10 11.50 +0.90 ...
39.98 12.47 HookerFurniture HOFT 1.9 dd 37.35 +0.33 .18 200.98 141.65 JackHenry JKHY 1.2 40 155.72 +1.13 .46 72.33 5.40 Lovesac LOVE ... dd 71.75 +13.47 ... 42.79 26.10 NBT Bancorp NBTB 2.7 17 39.37 –0.17 .27
4.62 2.13 OpticalCable OCC ... dd 3.83 +0.12 ...
16.61 7.03 HopeBancorp HOPE 3.7 17 15.27 –0.05 .14 117.51 41.56 JackintheBox JACK 1.4 20 114.73 +1.06 .40 37.99 7.98 LuciraHealth LHDX ... ... 8.59 –2.86 ... 32.12 14.70 NGM Biopharm NGM ... dd 25.43 –4.19 ...
10.00 3.14 Optinose OPTN ... dd 3.52 –0.16 ...
399.90 197.66 lululemon LULU ... 71 318.12 +17.05 ... 288.73 153.08 NICE NICE ... 77 231.29 +5.75 ...
20.17 7.93 HorizonBancorp HBNC 2.8 12 18.68 –0.08 .13 57.41 28.03 JamesRiver JRVR 2.5 cc 48.72 +2.32 .30 35.35 19.24 NIC EGOV 1.1 33 33.98 +0.08 .09 21.34 10.19 OptionCare OPCH ... dd 18.85 +0.58 ...
15.87 8.36 HorizonTechFin HRZN 7.6 43 15.72 +1.15 .10 51.00 28.82 JamfHolding JAMF ... dd 37.50 +0.57 ... 112.08 66.33 Lumentum LITE ... 38 91.20 –1.37 ... 19.75 9.46 OraSureTechs OSUR ... dd 10.42 –1.26 ...
47.80 9.95 LuminarTech LAZR ... dd 21.62 –2.81 ... 26.13 9.83 NMI Holdings NMIH ... 11 23.17 –0.03 ...
96.54 30.00 HorizonTherap HZNP ... 56 91.48 +0.98 ... 178.64 101.81 JazzPharma JAZZ ... 38 161.40 –3.80 ... 8.58 1.79 NN NNBR ... dd 7.14 –0.10 ... 12.38 3.76 OrchardTherap ORTX ... dd 6.73 –0.37 ...
18.45 9.06 HostHotels HST ... dd 17.34 +0.23 ... 21.96 7.34 JetBlue JBLU ... dd 21.06 +0.69 ... 41.69 20.61 Luminex LMNX 1.2 cc 32.95 –0.43 .10 6.45 1.01 OrganiGram OGI ... dd 3.05 –0.39 ...
36.72 7.62 LumosPharma LUMO ... dd 11.27 –0.98 ... 216.43 80.46 NXP Semi NXPI 1.1 cc 209.19 +1.11 .5625
8.01 1.03 HoughtonMifflin HMHC ... dd 7.25 –0.27 ... 95.20 41.89 JFrog FROG ... dd 49.43 +4.63 ... 12.00 1.52 NabrivaTherap NBRV ... dd 1.66 –0.09 ... 40.81 18.60 OricPharm ORIC ... dd 21.57 –1.65 ...
5.68 2.00 HoustonWire HWCC ... dd 5.24 –0.01 ... 30.00 1.88 Jiayin JFIN ... 16 7.82 –0.65 ... 12.38 7.58 LutherBurbank LBC 2.0 15 11.47 –0.26 .0575 44.97 15.98 OriginBancorp OBNK .9 28 42.77 –0.23 .10
68.28 21.34 Lyft LYFT ... dd 60.97 –3.67 ... 94.81 20.26 NanoXImaging NNOX ... dd 39.28 –2.05 ...
64.53 27.88 Huazhu HTHT ... dd 54.99 –1.76 ... 151.66 55.88 JohnsonOutdoors JOUT .6 22 149.56 +3.52 .21 22.00 8.76 LyraTherap LYRA ... dd 11.20 –0.22 ... 21.55 12.85 Nanobiotix NBTX ... dd 16.20 +0.54 ... 14.78 7.52 Orphazyme ORPH ... dd 8.84 +0.24 ...
68.91 37.00 HubGroup HUBG ... 30 66.59 –1.26 ... 14.84 4.30 JounceTherap JNCE ... dd 9.78 –0.72 ... 86.42 24.87 NanoStringTech NSTG ... dd 70.33 +2.17 ... 20.43 15.14 OrthoClinical OCDX ... ... 19.40 +0.19 ...
19.00 8.38 HudsonGlobal HSON ... dd 18.13 +1.53 ... 48.50 28.03 OrthofixIntl OFIX ... cc 42.87 –0.06 ...
M
6.60 1.61 NantHealth NH ... dd 3.15 –0.18 ...
13.85
173.04
4.83
94.38
HuizeHolding
JBHunt
HUIZ
JBHT
...
.7
dd
36
8.27
169.51
–0.72
–0.29
...
.28 K 156.36
127.19
102.67
28.30
Nasdaq
Natera
NDAQ
NTRA
1.3
...
28
dd
156.10
104.98
+5.25
+2.06
.49
...
57.42
9.67
38.01
3.10
OrthoPediatrics
OsmoticaPharm
KIDS
OSMT
...
...
dd
dd
49.55
3.31
–0.81
–0.09
...
...
16.91 6.99 HuntingtonBcshs HBAN 3.7 23 16.27 +0.29 .15 69.29 22.85 Macom Tech MTSI ... dd 59.16 +0.60 ... 73.27 49.38 Nathan's NATH 2.2 22 64.99 –0.41 .35 6.98 1.95 Otonomy OTIC ... dd 2.23 –0.44 ...
38.83 24.06 Hurco HURC 1.6 dd 34.92 –0.32 .14 359.69 147.46 KLA KLAC 1.0 40 352.85 +5.56 .90 4.09 1.02 MDC Partners MDCA ... dd 3.68 +0.24 ... 98.22 23.98 NationalBeverage FIZZ .0 26 47.91 –0.13 3.00 47.37 35.36 OtterTail OTTR 3.4 20 46.11 –0.40 .39
61.99 37.35 HuronConsulting HURN ... dd 53.96 +2.18 ... 18.97 3.50 KLX Energy KLXE ... dd 14.51 –2.76 ... 66.96 42.50 OutsetMedical OM ... dd 58.33 +2.29 ...
15.29 7.38 KVH Inds KVHI ... dd 13.27 +0.46 ... 74.49 56.25 MGE Energy MGEE 2.1 28 72.19 +0.86 .37 6.11 1.81 NatlCineMedia NCMI 4.5 dd 4.49 –0.01 .05
37.00 17.69 HutchisonChina HCM ... ... 29.24 +1.74 ... 71.95 32.10 MGP Ingredients MGPI .7 27 64.14 +4.75 .12 47.40 30.42 NatlInstruments NATI 2.4 41 44.35 +0.26 .27 128.50 6.60 Overstock OSTK ... 60 71.70 +3.00 ...
95.48 41.59 Hydrofarm HYFM ... ... 60.71 +3.22 ... 5.73 3.15 Kadmon KDMN ... dd 3.66 –0.29 ... 9.40 2.25 OvidTherap OVID ... dd 3.69 –0.38 ...
11.25 7.30 Hywin HYW ... ... 7.53 –2.10 ... 129.81 50.49 KaiserAlum KALU 2.6 62 111.05 –0.08 .72 3.29 0.72 MINDTechnology MIND ... dd 2.34 +0.16 ... 60.62 42.41 NatlResearch NRC ... 32 47.04 –0.89 ... 6.95 2.50 OxfordLane OXLC 12.1 dd 6.69 +0.40 .0675
14.68 6.00 KalaPharm KALA ... dd 7.57 +0.46 ... 199.44 84.00 MKS Instrum MKSI .4 30 191.46 –4.38 .20 16.10 10.12 NatlSecurity NSEC 2.3 dd 10.55 +0.43 .06 5.08 2.24 OxfordSquare OXSQ 8.5 cc 4.96 +0.37 .035
76.23 22.22 MYR Group MYRG ... 22 75.66 +1.99 ... 52.61 19.07 NationalVision EYE ... cc 47.40 +2.22 ...
I 20.50
45.00
5.04
9.03
KaleidoBiosci
KalVistaPharm
KLDO
KALV
...
...
dd
dd
7.07
26.15
–1.63
–1.31
...
... 10.66
33.61
6.15
5.00
Macatawa
Macrogenics
MCBC
MGNX
3.2
...
11
dd
9.94
31.16
–0.09
–1.09
.08
...
258.14
18.50
162.21
5.82
NatlWesternLife
NaturalAlt
NWLI
NAII
.1
... 28
9 247.70
16.27
–8.18
+0.09
.36
...
36.90
68.77
17.24
38.09
OysterPtPharma
OzonHoldings
OYST
OZON
...
...
dd
dd
20.48
60.73
+1.92
+2.73
...
...
13.33 5.78 Kamada KMDA ... 16 6.14 –0.05 ...
137.28 64.85 MadrigalPharm MDGL ... dd 117.02 –1.56 ... 27.97 16.38 NatusMedical NTUS ... dd 26.08 +0.08 ...
266.00
24.68
100.22
9.27
IAC/InterActive
IBEX
IAC
IBEX
...
...
...
...
241.26
22.70
+14.57
–0.04
...
...
17.45
146.97
2.67
66.61
KandiTech
KarunaTherap
KNDI
KRTX
...
...
dd
dd
6.19
116.91
–0.30
–6.02
...
... 5.92
95.43
2.46
48.82
MagalSec
MagellanHealth
MAGS
MGLN
26.9
...
cc
6
4.01
94.06
–0.46
+0.42
1.079
...
14.70
103.95
6.15
57.38
Navient
nCino
NAVI
NCNO
4.4
... dd
7 14.64
70.60
+0.30
+1.22
.16
...
PQ
93.50 51.48 ICF Intl ICFI .6 32 91.31 +1.21 .14 25.98 9.75 KaryopharmTherap KPTI ... dd 10.02 –0.82 ...
236.51 170.57 ICU Medical ICUI ... 51 204.19 –3.26 ... 13.34 6.91 KearnyFinancial KRNY 2.9 20 12.25 –0.02 .09 14.20 6.03 MagentaTherap MGTA ... dd 12.32 –0.52 ... 26.75 15.40 NektarTherap NKTR ... dd 18.63 –1.77 ... 66.29 25.68 PAM Transport PTSI ... 20 60.71 –2.59 ...
24.92 4.10 IDEAYA Bio IDYA ... dd 19.86 –3.98 ... 24.10 11.01 KellyServices A KELYA ... dd 22.94 –0.90 ... 18.35 8.33 MagicSoftware MGIC 2.6 33 16.05 +0.34 .21 43.64 18.67 NeoGames NGMS ... ... 36.37 +0.29 ... 9.70 4.14 P&FIndustries PFIN ... dd 6.59 –1.07 ...
573.99 246.40 IdexxLab IDXX ... 75 502.88 +16.52 ... 90.36 10.35 KellyServices B KELYB ... dd 28.46 –2.03 ... 64.39 4.60 Magnite MGNI ... dd 40.18 –2.62 ... 92.98 59.70 Neogen NEOG ... 80 92.55 +3.22 ... 16.43 7.65 PCB Bancorp PCB 2.7 14 14.74 –0.39 .10
17.98 6.50 IEC Elec IEC ... 18 12.04 +0.15 ... 8.16 5.50 KY FirstFedBncp KFFB 5.8 dd 6.88 +0.11 .10 15.05 7.50 MagyarBancorp MGYR ... 26 13.20 –0.64 ... 18.13 9.63 NeoleukinTherap NLTX ... dd 11.97 –0.61 ... 55.21 35.49 PCConnection CNXN .0 21 45.30 –1.54 .32
55.30 16.76 IES Holdings IESC ... 25 53.86 +0.42 ... 88.80 22.00 KerosTherap KROS ... dd 60.16 +1.40 ... 39.02 11.41 MakeMyTrip MMYT ... dd 30.28 –1.80 ... 6.62 2.87 Net1UEPS UEPS ... dd 5.95 +0.30 ... 11.05 4.86 PCTEL PCTI 3.2 37 6.89 –0.10 .055
133.00 41.41 IGM Biosci IGMS ... dd 68.49 –9.12 ... 35.57 25.27 KeurigDrPepper KDP 1.7 38 35.17 +0.67 .15 93.00 23.08 MalibuBoats MBUU ... 24 83.26 +1.84 ... 75.58 38.89 NetApp NTAP 2.6 28 73.88 +0.23 .48 42.79 7.87 PDC Energy PDCE ... dd 34.82 –1.15 ...
100.44 26.55 II-VI IIVI ... 46 76.21 +4.81 ... 13.45 7.57 KewauneeSci KEQU ... dd 12.15 –0.19 ... 19.38 10.06 MalvernBancorp MLVF ... 18 18.80 +0.20 ... 134.33 64.88 NetEase NTES .7 41 103.94 –2.66 .06 26.42 13.46 PDF Solutions PDFS ... dd 18.73 +0.20 ...
65.94 13.09 I-Mab IMAB ... ... 51.65 +1.93 ... 10.48 3.15 KeyTronic KTCC ... 16 8.23 +0.16 ... 7.27 0.57 MammothEnergy TUSK ... dd 5.14 –0.23 ... 593.29 367.70 Netflix NFLX ... 91 555.31 +15.89 ... 13.07 7.31 PDLCommBncp PDLB ... 48 11.23 –0.03 ...
80.35 32.90 IndusRealty INDT .0 dd 59.75 –1.79 1.99 9.79 4.00 KezarLifeSci KZR ... dd 6.04 +0.06 ... 146.50 51.75 ManhattanAssoc MANH ... 90 121.59 +0.69 ... 46.38 21.28 Netgear NTGR ... 22 40.73 –1.02 ... 33.49 9.85 PLBY Group PLBY ... dd 25.84 +2.46 ...
262.55 111.41 IPG Photonics IPGP ... 80 238.71 +20.91 ... 55.51 25.22 Kforce KFRC 1.7 21 55.35 +1.06 .23 20.87 9.49 Mannatech MTEX 3.1 8 20.52 +0.91 .16 31.91 19.76 NetScout NTCT ... cc 27.80 –1.00 ... 63.22 29.45 PMV Pharm PMVP ... ... 33.30 +0.36 ...
15.00 5.06 IRSA Prop IRCP ... dd 9.42 –0.42 ... 29.99 11.00 KimballElec KE ... 17 25.10 –0.82 ... 6.25 1.02 MannKind MNKD ... dd 4.24 +0.09 ... 136.26 86.02 Neurocrine NBIX ... 22 93.35 –4.83 ... 39.19 21.26 PPD PPD ... cc 38.30 ... ...
35.99 18.30 i3Verticals IIIV ... dd 32.47 +0.82 ... 14.68 9.25 KimballIntl B KBAL 2.6 22 13.92 –0.03 .09 101.35 61.91 ManTechIntl MANT 1.8 29 86.72 +0.01 .38 22.43 1.70 Neuronetics STIM ... dd 12.79 +0.28 ... 47.35 23.73 PRA Group PRAA ... 11 36.73 –0.95 ...
7.98 3.45 IVERICbio ISEE ... dd 5.87 –0.62 ... 74.67 17.01 KingsoftCloud KC ... dd 44.26 +0.32 ... 40.24 23.62 MaravaiLifeSci MRVI ... ... 34.66 +0.49 ... 65.90 10.12 NewFortressEner NFE .8 dd 52.31 +2.71 .10 158.35 83.52 PRA HealthSci PRAH ... 52 156.62 +0.46 ...
69.10 46.05 IcahnEnterprises IEP 14.2 dd 56.38 +1.33 2.00 28.67 14.51 KiniksaPharm KNSA ... dd 17.69 –0.79 ... 3.67 1.23 Marchex MCHX ... dd 2.89 –0.01 ... 13.44 6.34 NewMtnFin NMFC 9.3 29 12.92 +0.15 .30 149.26 60.98 PTC PTC ... cc 146.04 +2.17 ...
63.42 19.52 Ichor ICHR ... 42 59.71 +0.98 ... 48.75 24.14 KinnateBio KNTE ... ... 31.55 +0.43 ... 5.70 1.12 MarinSoftware MRIN ... dd 1.72 –0.11 ... 4.78 1.51 NY Mortgage NYMT 8.9 dd 4.49 –0.08 .10 70.82 43.65 PTC Therap PTCT ... dd 47.60 –1.59 ...
19.10 4.14 iClickInteract ICLK ... dd 11.75 –0.67 ... 252.70 102.11 KinsaleCapital KNSL .3 44 169.74 +2.10 .11 20.04 6.04 MarinusPharma MRNS ... dd 15.52 +0.02 ... 27.43 11.05 NewellBrands NWL 3.4 dd 27.03 –0.03 .23 103.19 64.25 Paccar PCAR 1.4 25 93.36 +1.33 .32
223.62 145.11 Icon ICLR ... 32 198.07 –4.26 ... 33.32 0.75 Kirkland's KIRK ... 31 30.95 +2.93 ... 3.77 1.32 MarkerTherap MRKR ... dd 2.13 –0.06 ... 11.45 3.22 Newmark NMRK .4 40 10.45 –0.11 .01 53.69 2.66 PacBiosciCA PACB ... cc 32.16 –1.66 ...
4.20 0.53 IconixBrand ICON ... dd 2.16 +0.02 ... 171.21 42.97 KodiakSciences KOD ... dd 109.07 –0.03 ... 606.45 380.28 MarketAxess MKTX .5 68 534.56 +14.28 .66 27.68 8.26 NewsCorp A NWSA .7 dd 26.68 +0.62 .10 9.45 2.95 PacificMercBncp PMBC ... 26 8.97 ... ...
19.10 5.61 iHeartMedia IHRT ... dd 18.21 –0.07 ... 125.00 25.25 KornitDigital KRNT ... dd 106.96 +6.75 ... 17.68 5.50 MarlinBusSvcs MRLN 4.1 cc 13.53 –0.74 .14 25.64 8.55 NewsCorp B NWS .8 dd 24.63 +0.63 .10 47.15 15.71 PacificPremBncp PPBI 2.8 99 43.22 –0.30 .30
37.61 15.75 IkenaOncology IKNA ... ... 16.05 –9.95 ... 41.21 27.34 KraftHeinz KHC 4.0 cc 40.14 +0.11 .40 159.98 71.52 Marriott MAR ... dd 148.48 +0.21 ... 28.63 12.88 NewtekBusSvcs NEWT 7.7 ... 27.55 +0.66 .50 80.00 33.47 PaciraBioSci PCRX ... 21 68.25 –1.74 ...
555.77 260.42 Illumina ILMN ... 91 403.37 +18.33 ... 34.11 13.61 KratosDefense KTOS ... 45 28.12 –0.17 ... 20.13 13.34 MartenTransport MRTN .9 21 17.60 +0.39 .04 28.00 17.06 NexImmune NEXI ... ... 17.85 –2.99 ... 19.61 10.40 PactivEvergreen PTVE 2.8 9 14.51 +0.63 .10
62.71 7.47 Imara IMRA ... dd 7.67 –0.74 ... 39.60 25.50 KronosBio KRON ... ... 27.28 –1.23 ... 3.95 1.03 MartinMidstream MMLP .8 dd 2.46 +0.06 .005 163.62 55.69 NexstarMedia NXST 1.9 9 150.54 +7.84 .70 42.59 14.53 PacWestBancorp PACW 2.5 dd 39.97 +0.58 .25
16.64 5.67 Immersion IMMR ... 41 9.06 –0.57 ... 87.29 37.68 KrystalBiotech KRYS ... dd 69.29 –7.43 ... 55.70 24.05 MarvellTech MRVL .5 dd 49.60 –0.06 .06 39.77 7.91 NextCure NXTC ... dd 9.62 –0.46 ... 121.87 51.46 Palomar PLMR ... cc 75.25 +6.73 ...
28.21 6.04 Immunic IMUX ... dd 14.97 –1.88 ... 56.68 20.10 Kulicke&Soffa KLIC 1.0 39 54.23 +2.84 .14 284.86 179.00 Masimo MASI ... 57 234.17 +0.50 ... 23.80 8.41 NextGenHlthcr NXGN ... cc 18.71 +0.04 ... 40.11 17.33 PanAmerSilver PAAS .8 40 33.52 +2.16 .07
45.42 2.92 ImmunityBio IBRX ... dd 16.87 –5.53 ... 43.00 9.37 KuraOncology KURA ... dd 28.57 –0.75 ... 32.25 6.76 MasterCraftBoat MCFT ... dd 27.07 –0.42 ... 11.49 4.95 NicholasFin NICK ... 9 10.50 +0.05 ... 110.33 57.64 PapaJohn's PZZA .9 76 95.70 +7.22 .225
61.99 34.43 Immunocore IMCR ... ... 35.47 –5.08 ... 38.17 9.66 KuraSushiUSA KRUS ... dd 32.40 +1.00 ... 174.68 87.56 MatchGroup MTCH ... ... 143.87 +1.21 ... 93.99 11.05 Nikola NKLA ... dd 12.80 –1.11 ... 8.75 3.81 ParatekPharma PRTK ... dd 7.96 +0.93 ...
10.88 3.34 Immunogen IMGN ... dd 7.56 –0.65 ... 91.92 25.43 KymeraTherap KYMR ... ... 33.44 –5.00 ... 87.40 18.31 Materialise MTLS ... dd 34.69 –1.23 ... 9.65 0.72 9F JFU ... ... 1.66 –0.16 ... 41.78 11.05 Park-Ohio PKOH 1.4 dd 34.52 +1.28 .125
33.34 2.69 ImmunoPrecise IPA ... dd 12.28 +1.89 ... 16.32 7.12 MatrixService MTRX ... dd 13.40 –0.30 ... 79.60 38.88 908Devices MASS ... dd 50.99 –1.12 ... 6.46 3.54 PartnerComms PTNR ... cc 4.73 –0.08 ...
21.87 7.54 Mattel MAT ... 57 20.15 –0.07 ... 53.38 6.25 NiuTech NIU ... cc 36.40 –0.90 ...
53.75
7.95
11.80
0.68
Immunovant
Immutep
IMVT
IMMP
...
...
dd
dd
15.68
3.53
–1.17
+0.40
...
... L 42.51 17.01 MatthewsIntl MATW 2.1 dd 41.19 +0.05 .215 79.16 22.46 Nkarta NKTX ... dd 32.28 +0.06 ...
38.23
23.28
12.10
15.52
PassageBio
PatriaInvts
PASG
PAX
...
...
dd
...
16.34
16.20
–0.63
–0.96
...
...
79.05 16.64 Impinj PI ... dd 55.47 –3.49 ... 57.97 11.78 MaxeonSolar MAXN ... dd 23.44 –8.52 ... 46.45 12.65 nLIGHT LASR ... dd 32.98 –0.22 ... 93.84 26.32 PatrickIndustries PATK 1.3 21 88.01 –0.54 .28
127.42 39.55 InariMedical NARI ... cc 113.64 +4.43 ... 17.20 9.76 LavaTherap LVTX ... dd 15.36 +2.36 ... 98.44 50.04 MaximIntProducts MXIM .0 36 95.77 +0.32 .48 15.63 3.64 NobleMidstream NBLX 5.3 10 14.26 –0.44 .1875 11.00 5.13 PatriotNatBncp PNBK ... dd 9.84 –0.64 ...
110.37 75.52 Incyte INCY ... dd 79.96 –3.05 ... 158.64 43.35 LGI Homes LGIH ... 12 158.09 +5.09 ... 24.99 14.80 McAfee MCFE 1.7 dd 24.16 +0.61 .115 12.70 4.22 Noodles NDLS ... dd 10.60 –0.02 ... 13.00 8.06 PatriotTransport PATI .0 75 11.00 –0.02 3.00
99.85 49.25 IndependentBank INDB 2.3 23 83.49 –1.13 .48 236.81 116.26 LHC Group LHCG ... 57 203.84 +11.19 ... 86.76 45.71 McGrathRent MGRC 2.1 20 81.44 –0.55 .435 216.87 135.04 Nordson NDSN .8 43 203.12 +0.74 .39 36.88 14.32 Patterson PDCO 3.2 dd 32.50 +0.44 .26
24.73 10.91 IndepBankMI IBCP 3.5 10 24.18 +0.42 .21 44.88 19.43 LKQ LKQ ... 21 44.08 +1.13 ... 7.98 1.80 MedallionFin MFIN ... dd 7.60 +0.41 ... 30.43 10.20 NortheastBank NBN .1 8 27.24 +0.11 .01 9.74 1.82 PattersonUTIEn PTEN 1.2 dd 6.85 –0.50 .02
80.71 21.78 IndependentBank IBTX 1.6 16 74.25 +1.82 .30 147.69 50.00 LPL Financial LPLA .7 25 146.52 +3.09 .25 13.25 4.63 MediciNova MNOV ... dd 4.74 –0.40 ... 17.35 5.64 NorthernTechsIntl NTIC 1.7 dd 15.00 +0.05 .065 101.15 60.00 Paychex PAYX 2.6 33 96.36 –2.40 .62
24.37 15.09 IndLogistics ILPT 5.6 19 23.77 +0.12 .33 11.22 3.88 LSI Inds LYTS 2.3 31 8.60 –0.34 .05 6.07 1.61 MediWound MDWD ... dd 5.28 +0.03 ... 109.16 67.43 NorthernTrust NTRS 2.6 20 108.72 +3.09 .70 218.34 84.48 Paylocity PCTY ... cc 188.72 +4.69 ...
11.51 3.98 Infinera INFN ... dd 10.05 –0.07 ... 16.00 10.60 LakeShoreBancorp LSBK 3.6 19 14.49 –0.51 .13 177.12 73.62 Medpace MEDP ... 45 172.70 +3.04 ... 16.39 8.72 NorthfieldBanc NFBK 2.7 21 16.10 +0.15 .11 309.14 102.34 PayPal PYPL ... 75 266.77 +19.23 ...
5.98 0.78 InfinityPharm INFI ... dd 3.31 –0.01 ... 18.60 8.79 LakelandBcp LBAI 2.9 16 17.46 +0.13 .125 18.45 11.35 MeiraGTx MGTX ... dd 13.35 –0.76 ... 48.19 18.20 NorthrimBanCorp NRIM 3.3 8 43.13 –0.54 .37 32.46 13.80 PeapackGladFinl PGC .6 23 32.07 +0.90 .05
9.70 3.50 InflaRx IFRX ... dd 3.74 –0.30 ... 77.05 33.92 LakelandFin LKFN 2.0 21 68.95 –0.48 .34 23.65 12.83 MelcoResorts MLCO ... dd 20.31 +0.03 ... 15.48 8.52 NorthwestBcshs NWBI 5.2 24 14.55 +0.02 .19 148.80 72.49 Pegasystems PEGA .1 dd 123.52 +5.53 .03
4.58 1.70 InfoSvcsGrp III ... 81 4.32 –0.12 ... 47.95 12.44 LakelandInd LAKE ... 8 28.08 +0.59 ... 2020.00 517.01 MercadoLibre MELI ... dd 1584.73 +74.23 ... 38.08 19.33 NorthwestPipe NWPX ... 17 32.99 –0.70 ... 171.09 28.46 Peloton PTON ... cc 118.60 +6.51 ...
65.65 34.69 InglesMarkets IMKTA 1.1 6 62.03 –0.30 .165 669.00 229.69 LamResearch LRCX .8 33 662.00 +22.70 1.30 34.47 17.09 MercantileBank MBWM 3.6 12 32.13 –0.52 .29 67.24 47.43 Northwestern NWE 3.7 22 66.97 +2.17 .62 142.00 12.80 PennNational PENN ... dd 104.12 –3.40 ...
April 12, 2021 BARRON’S M19

Nasdaq Issues
52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
20.18 3.00 PennVirginia PVAC ... dd 12.76 –1.47 ... 89.20 54.44 RealPage RP ... cc 87.95 +0.28 ... 143.79 34.41 ShockwaveMed SWAV ... dd 137.01 +5.56 ... 8.34 3.40 TatTechnologies TATT ... dd 5.10 –0.03 ... 22.35 9.06 VastaPlatform VSTA ... dd 9.17 –0.73 ...
69.56 15.48 Pennant PNTG ... 84 43.97 –2.06 ... 30.22 7.29 RealReal REAL ... dd 23.79 +1.09 ... 63.47 18.51 ShoeCarnival SCVL .9 57 62.22 +1.78 .14 33.35 18.16 TayshaGene TSHA ... ... 21.19 +0.99 ... 58.48 17.72 Vaxcyte PCVX ... dd 20.22 –0.71 ...
6.22 2.64 PennantPark PNNT 7.9 11 6.11 +0.37 .12 186.82 88.17 ReataPharm RETA ... dd 88.42 –12.20 ... 18.10 8.00 ShoreBancshares SHBI 2.8 13 17.01 –0.28 .12 101.12 20.51 TechTarget TTGT ... cc 72.58 +1.38 ... 37.70 17.00 VectivBio VECT ... ... 24.23 +7.23 ...
28.42 19.50 PennsWoodsBncp PWOD 5.3 11 24.23 –0.32 .32 65.07 30.49 RedRiverBcshs RRBI .5 15 55.57 +0.07 .07 43.75 12.02 Shyft SHYF .3 38 38.58 +0.65 .025 15.32 7.94 Ericsson ERIC 1.0 24 13.98 +0.91 .1207 23.13 8.91 VeecoInstr VECO ... dd 21.28 –0.31 ...
19.40 9.74 People'sUtdFin PBCT 4.0 14 17.99 –0.11 .18 41.34 7.26 RedRobin RRGB ... dd 36.86 –0.98 ... 8.93 1.53 Sientra SIEN ... dd 7.17 –0.01 ... 6.46 0.46 Teligent TLGT ... dd .62 –0.08 ... 32.50 10.11 VelodyneLidar VLDR ... dd 13.38 +0.60 ...
36.75 18.35 PeoplesBncpOH PEBO 4.2 19 33.60 +0.46 .35 35.94 7.51 RedRockResorts RRR ... dd 35.27 +1.93 ... 29.42 14.86 SierraBancorp BSRR 3.1 12 27.05 +0.26 .21 41.84 18.08 Telos TLS ... cc 34.40 –0.92 ... 14.41 0.15 VelodyneLidarWt VLDRW ... ... 4.12 +0.05 ...
29.69 13.30 PeoplesBncpNC PEBK 2.7 12 23.30 –0.46 .16 98.45 16.55 Redfin RDFN ... dd 67.47 –1.39 ... 20.43 9.32 SierraOncology SRRA ... dd 17.58 –0.05 ... 201.70 62.70 10xGenomics TXG ... dd 194.64 +8.85 ... 5.00 1.60 VenusConcept VERO ... dd 2.24 –0.18 ...
47.54 29.01 PeoplesFinSvcs PFIS 3.6 10 41.56 –1.71 .37 11.52 5.93 RedHillBio RDHL ... dd 7.31 –0.20 ... 22.22 6.37 SierraWireless SWIR ... dd 15.10 –0.20 ... 58.45 21.41 Tenable TENB ... dd 37.91 +0.45 ... 12.19 3.82 VeraBradley VRA ... 45 11.17 +0.93 ...
148.77 126.53 PepsiCo PEP 2.9 28 142.57 +1.29 1.0225 60.15 33.29 RegencyCtrs REG 4.1 cc 58.36 +0.74 .595 54.32 17.20 SigilonTherap SGTX ... ... 17.76 –2.41 ... 147.90 56.42 Teradyne TER .3 31 133.06 +4.25 .10 86.03 21.19 Veracyte VCYT ... dd 52.57 –0.15 ...
17.77 10.48 PerdoceoEduc PRDO ... 7 12.00 –0.45 ... 664.64 441.00 RegenPharm REGN ... 15 475.17 +0.24 ... 249.94 71.44 SignatureBank SBNY 1.0 23 228.26 +3.26 .56 28.36 14.83 TernsPharm TERN ... ... 18.93 –1.68 ... 4.67 1.08 Verastem VSTM ... dd 2.76 +0.12 ...
66.14 29.37 Perficient PRFT ... 68 62.83 +1.83 ... 64.37 31.31 RelayTherap RLAY ... dd 33.63 –2.57 ... 43.71 30.68 SilganHoldings SLGN 1.3 15 42.11 +0.12 .14 30.04 19.23 TerritBanc TBNK 3.5 13 26.64 –0.26 .23 52.70 19.95 VerintSystems VRNT ... dd 46.20 +0.70 ...
3.21 0.54 PerformantFin PFMT ... dd 2.26 +0.02 ... 54.00 28.40 RelmadaTherap RLMD ... dd 35.23 –1.42 ... 59.27 27.60 Silicom SILC ... 57 45.34 –0.52 ... 900.40 116.11 Tesla TSLA ... cc 677.02 +15.27 ... 221.30 184.60 VeriSign VRSN ... 29 205.30 +3.40 ...
28.32 4.21 PerionNetwork PERI ... 52 17.73 –0.66 ... 32.12 9.91 RenalytixAI RNLX ... ... 24.57 –0.82 ... 163.43 83.33 SiliconLab SLAB ... cc 147.10 –0.82 ... 9.25 4.12 TesscoTech TESS ... dd 7.92 +0.69 ... 210.66 142.46 VeriskAnalytics VRSK .6 42 182.70 +2.89 .29
8.19 4.51 Perma-PipeIntl PPIH ... dd 6.33 –0.02 ... 46.97 19.38 Renasant RNST 2.1 28 41.97 +0.22 .22 70.94 35.13 SiliconMotion SIMO 2.0 30 69.35 +5.85 .35 144.69 64.83 TetraTech TTEK .5 44 142.59 +5.65 .17 34.38 12.32 Veritex VBTX 2.0 23 34.28 +1.44 .17
53.46 7.87 Personalis PSNL ... dd 23.02 –1.11 ... 17.18 13.26 ReneoPharm RPHM ... ... 13.89 –1.11 ... 75.80 33.01 SilkRoadMed SILK ... dd 50.14 –0.96 ... 93.26 20.75 TexasCapBcshs TCBI ... 60 66.45 –3.75 ... 50.34 2.95 Veritone VERI ... dd 24.43 –0.10 ...
31.08 17.86 PetcoHealth WOOF ... ... 21.75 +0.08 ... 117.00 19.60 RenewableEnergy REGI ... 23 63.78 –4.70 ... 63.41 24.22 SilverbackTherap SBTX ... ... 38.07 –6.21 ... 197.58 105.30 TexasInstruments TXN 2.1 33 195.43 +3.37 1.02 15.71 3.70 VeronaPharma VRNA ... dd 8.53 –0.09 ...
39.29 21.17 PetIQ PETQ ... dd 36.27 +0.89 ... 64.79 16.26 Rent-A-Center RCII 2.1 16 58.13 –0.85 .31 15.98 8.43 SilvercrestAsset SAMG 4.4 14 14.47 ... .16 100.77 39.82 TexasRoadhouse TXRH ... cc 99.46 +3.18 ... 18.42 6.02 VerricaPharm VRCA ... dd 13.76 –1.57 ...
57.00 27.67 PetMedExpress PETS 3.4 22 33.11 –0.89 .28 46.44 21.45 RepareTherap RPTX ... dd 30.78 +0.68 ... 33.43 13.75 SimmonsFirstNat SFNC 2.4 13 29.78 –0.20 .18 24.52 5.29 TheBancorp TBBK ... 16 21.80 +0.67 ... 39.71 19.39 Vertex VERX ... dd 20.55 –2.63 ...
21.99 12.24 Pharming PHAR ... 25 13.26 +0.17 ... 228.84 95.91 Repligen RGEN ... cc 206.10 +10.66 ... 39.60 13.45 SinclairBroadcast SBGI 2.7 dd 29.84 –0.09 .20 2.75 0.85 TherapeuticsMD TXMD ... dd 1.32 –0.07 ... 306.08 202.57 VertxPharm VRTX ... 21 213.35 +0.31 ...
42.86 23.06 Pharvaris PHVS ... ... 28.32 +0.37 ... 54.85 10.52 Replimune REPL ... dd 30.07 –1.51 ... 5.74 1.86 SioGeneTherap SIOX ... dd 2.67 –0.18 ... 31.35 14.48 TheravanceBio TBPH ... dd 20.95 +0.83 ... 101.60 16.61 ViacomCBS A VIACA 2.0 12 46.86 –0.62 .24
6.85 2.60 PhaseBioPharm PHAS ... dd 3.31 –0.07 ... 47.47 27.05 RepublicBcpKYA RBCAA 2.7 12 45.48 +0.11 .308 8.14 4.95 SiriusXM SIRI .9 cc 6.35 +0.08 .0146 8.50 2.29 36Kr KRKR ... dd 3.39 +0.02 ... 101.97 14.39 ViacomCBS B VIAC 2.3 11 41.88 –2.76 .24
64.54 27.47 PhathomPharm PHAT ... dd 38.49 +1.55 ... 4.19 1.80 RepublicFirstBncp FRBK ... 52 3.66 –0.14 ... 151.78 17.50 SiTime SITM ... dd 99.74 –5.56 ... 31.60 17.40 ThredUp TDUP ... ... 18.28 –5.69 ... 69.16 37.00 ViantTech DSP ... cc 43.54 –5.38 ...
38.99 9.40 Phenixfin PFX ... dd 33.64 +0.49 ... 14.56 9.46 ResourcesConnect RGP 3.9 76 14.29 +0.53 .14 61.16 21.14 SkyWest SKYW ... dd 54.00 –1.07 ... 35.15 7.16 360DigiTech QFIN ... 8 26.50 +0.88 ... 61.35 29.82 ViaSat VSAT ... dd 48.92 –1.42 ...
28.51 16.27 PhibroAnimal PAHC 2.0 22 24.54 –0.46 .12 17.13 7.43 RetailOppor ROIC 2.7 60 16.30 ... .11 195.82 88.08 Skyworks SWKS 1.1 30 188.73 +1.03 .50 67.00 4.41 Tilray TLRY ... dd 19.76 –2.58 ... 19.24 13.11 Viatris VTRS ... dd 13.40 –0.51 ...
13.56 8.64 Photronics PLAB ... 27 13.04 –0.03 ... 34.62 14.50 RevanceTherap RVNC ... dd 28.13 +0.09 ... 151.44 20.61 SleepNumber SNBR ... 26 129.00 –13.00 ... 30.75 14.50 TimberlandBncp TSBK 3.1 9 27.34 –1.53 .10 17.13 10.44 ViaviSolutions VIAV ... cc 16.36 +0.34 ...
25.73 14.06 PilgrimPride PPC ... 63 24.07 –0.35 ... 56.18 20.53 RevolutionMed RVMD ... dd 42.67 –4.17 ... 3.67 0.64 SmartSand SND ... 3 2.53 –0.09 ... 30.00 7.91 TitanMachinery TITN ... 31 26.59 +0.14 ... 104.68 40.13 Vicor VICR ... cc 85.59 –2.73 ...
212.60 40.80 Pinduoduo PDD ... dd 137.62 –6.31 ... 36.00 27.27 ReynoldsCnsmr REYN 3.1 17 30.00 ... .23 10.00 7.48 SmartShareGlbl EM ... cc 8.15 –0.39 ... 25.45 5.92 TivityHealth TVTY ... dd 23.56 +0.33 ... 29.14 12.97 VictoryCapital VCTR .9 10 29.04 +3.15 .09
96.52 31.84 PinnacleFinPtrs PNFP .8 22 90.11 –0.26 .18 43.26 15.82 RhythmPharm RYTM ... dd 21.27 –0.97 ... 16.08 4.00 SmileDirectClub SDC ... dd 10.34 –0.16 ... 12.17 1.04 TizianaLifeSci TLSA ... dd 2.67 –0.08 ... 11.16 7.09 VidlerWater VWTR ... 17 9.12 +0.10 ...
2.99 0.75 PintecTech PT ... ... 1.22 +0.08 ... 11.25 2.71 RibbonComms RBBN ... 17 8.55 +0.11 ... 23.57 5.98 Smith&Wesson SWBI 1.1 11 18.18 +0.02 .05 2.46 0.51 TonixPharm TNXP ... dd 1.18 –0.04 ... 13.31 7.13 View VIEW ... ... 8.21 +0.13 ...
4.84 1.85 Pixelworks PXLW ... dd 3.14 –0.29 ... 8.39 3.75 RichardsonElec RELL 3.2 dd 7.56 +0.81 .06 17.40 9.17 SoYoungIntl SY ... cc 9.59 –0.39 ... 48.86 6.34 Torm TRMD 20.9 8 9.07 –0.21 .85 2.94 0.78 ViewWt VIEWW ... ... 1.82 –0.02 ...
12.35 5.26 PlainsAllAmPipe PAA 8.0 dd 9.00 –0.19 .18 5.50 1.45 RigelPharm RIGL ... dd 3.26 –0.17 ... 25.71 6.15 Sohu.com SOHU ... dd 18.90 +2.95 ... 34.45 16.87 TowerSemi TSEM ... 40 30.07 +1.15 ... 7.36 1.64 ViewRay VRAY ... dd 4.29 –0.12 ...
12.90 5.46 PlainsGP PAGP 7.7 dd 9.31 –0.18 .18 11.19 0.77 RigNet RNET ... dd 8.94 –0.22 ... 16.69 7.00 SolGelTech SLGL ... dd 12.70 +0.40 ... 32.78 15.14 TowneBank TOWN 2.3 15 30.91 +0.20 .18 10.09 4.99 VikingTherap VKTX ... dd 5.92 –0.36 ...
8.35 1.77 PlayaHotels PLYA ... dd 7.30 –0.02 ... 10.72 3.04 RiminiStreet RMNI ... dd 9.03 +0.02 ... 377.00 85.69 SolarEdgeTech SEDG ... 99 263.95 –19.44 ... 180.85 86.43 TractorSupply TSCO 1.2 28 177.69 +1.19 .52 27.88 21.00 VillageSuper A VLGEA 4.1 12 24.51 +0.47 .25
36.06 24.41 Playtika PLTK ... cc 27.00 +0.15 ... 7.79 3.77 RiverviewBncp RVSB 2.9 16 6.91 –0.16 .05 11.58 1.93 SolidBiosci SLDB ... dd 5.21 –0.23 ... 972.80 206.55 TradeDesk TTD ... cc 692.56 +33.72 ... 19.46 12.14 VinciPartnersInvt VINP ... ... 12.49 –0.36 ...
96.27 52.81 Plexus PLXS ... 22 91.63 –1.84 ... 11.50 4.77 RiverviewFinl RIVE .0 dd 10.40 –0.10 .075 43.71 8.20 Sonos SONO ... cc 41.67 +2.71 ... 80.00 45.70 Tradeweb TW .4 89 78.95 +2.95 .08 18.99 4.84 ViomiTech VIOT ... 27 9.61 +0.34 ...
43.92 19.43 PliantTherap PLRX ... dd 33.90 –2.00 ... 67.48 13.70 RocketPharm RCKT ... dd 39.41 –5.81 ... 30.38 23.84 SoteraHealth SHC ... ... 25.84 +0.81 ... 12.47 3.26 TransActTechs TACT ... dd 11.97 +1.04 ... 18.49 6.52 ViperEnergyPtrs VNOM 3.7 dd 15.09 –0.22 .14
19.45 8.60 PolyPid PYPD ... dd 9.33 –0.33 ... 2.62 0.83 RockwellMedical RMTI ... dd 1.04 –0.12 ... 4.49 1.48 SotherlyHotels SOHO ... dd 3.05 –0.12 ... 54.15 22.87 Transcat TRNS ... 53 49.75 +0.84 ... 141.01 25.31 VirBiotech VIR ... dd 43.13 –6.44 ...
401.29 183.02 Pool POOL .6 41 369.49 +17.92 .58 61.45 16.57 RockyBrands RCKY 1.0 20 56.12 –0.85 .14 25.08 11.30 SouthPlainsFin SPFI .9 9 22.56 –0.24 .05 34.64 9.50 TranslateBio TBIO ... dd 17.26 +0.11 ... 24.80 3.92 ViractaTherap VIRX ... dd 8.51 –1.03 ...
75.16 31.33 Popular BPOP 2.2 12 71.53 +0.01 .40 7.80 2.55 RockyMtnChoc RMCF ... dd 5.37 ... ... 93.26 40.42 SouthState SSB 2.4 61 79.86 +0.23 .47 49.50 11.51 TransMedics TMDX ... dd 31.76 –8.31 ... 4.61 1.94 VircoMfg VIRC ... dd 3.17 +0.07 ...
2.44 0.91 PortmanRidge PTMN 10.2 7 2.35 +0.18 .06 486.72 91.07 Roku ROKU ... dd 373.66 +41.76 ... 56.42 23.16 SouthernFirstBcsh SFST ... 21 48.47 +0.86 ... 35.99 7.85 TravelCenters TA ... dd 27.80 +1.02 ... 32.35 20.93 VirtuFinancial VIRT 3.1 6 30.95 –0.56 .24
17.62 7.63 PoseidaTherap PSTX ... dd 8.90 –0.58 ... 29.48 10.45 Root ROOT ... dd 11.86 –0.33 ... 41.70 17.30 SoMO Bancorp SMBC 1.6 11 40.10 +0.10 .16 19.83 4.15 Travelzoo TZOO ... dd 16.98 –1.02 ... 270.00 73.49 VirtusInvtPtrs VRTS 1.3 25 252.92 +11.97 .82
104.98 36.59 Poshmark POSH ... ... 39.79 –3.66 ... 128.57 79.65 RossStores ROST .9 cc 128.22 +7.71 .285 41.99 23.51 SouthsideBcshs SBSI 3.3 16 38.64 +0.14 .32 33.09 12.82 TravereTherap TVTX ... dd 25.61 –0.13 ... 147.55 46.27 Visteon VC ... dd 118.21 –7.46 ...
6.95 1.78 Potbelly PBPB ... dd 5.96 –0.37 ... 147.64 99.32 RoyalGold RGLD 1.1 29 110.61 –0.84 .30 12.40 5.89 SparkEnergy SPKE 7.0 7 10.36 –0.28 .1813 19.57 9.90 TreanInsurance TIG ... 9 16.11 –0.45 ... 43.30 19.49 VitalFarms VITL ... cc 23.34 +1.38 ...
58.00 29.03 PotlatchDelt PCH 2.8 23 57.83 +3.29 .41 56.50 34.80 RoyaltyPharma RPRX 1.6 16 42.31 –0.70 .17 23.94 13.43 SpartanNash SPTN 4.1 9 19.32 –0.13 .20 6.18 1.63 TremontMortgage TRMT .7 5 5.70 –0.10 .53 17.00 11.32 Vitru VTRU ... cc 13.41 –0.97 ...
37.09 21.05 PowellIndustries POWL 3.0 30 34.18 +0.45 .26 38.71 4.20 RubiusTherap RUBY ... dd 23.88 –1.12 ... 5.24 2.45 SpectrumPharm SPPI ... dd 3.07 –0.24 ... 8.50 2.13 TreviTherap TRVI ... dd 2.61 –0.14 ... 19.45 13.00 Vodafone VOD 5.6 19 18.68 –0.05 .5325
99.05 43.46 PowerIntegrations POWI .6 69 81.06 –4.34 .13 5.10 2.26 RuhnnHolding RUHN ... dd 3.39 +0.07 ... 23.64 7.39 SperoTherap SPRO ... dd 13.08 –1.20 ... 18.54 7.23 TribunePub TPCO ... dd 18.33 +0.30 ... 15.72 7.46 Vonage VG ... dd 12.37 +0.30 ...
9.55 3.56 PowerFleet PWFL ... dd 8.08 –0.51 ... 51.92 20.71 RushEnt A RUSHA 1.4 25 50.70 +0.95 .18 24.50 8.96 SpiritofTexas STXB 1.6 13 22.69 –0.21 .09 32.99 3.74 Tricida TCDA ... dd 5.09 –0.32 ... 63.62 25.32 VorBiopharma VOR ... ... 32.02 –6.76 ...
60.95 23.90 PraxisPrecision PRAX ... ... 29.54 –1.31 ... 47.10 18.97 RushEnt B RUSHB 1.6 23 46.15 +1.12 .18 225.89 122.82 Splunk SPLK ... dd 142.27 +4.00 ... 51.66 23.05 TriCoBancshares TCBK 2.1 22 47.77 –0.23 .25 14.62 4.56 VoyagerTherap VYGR ... 5 4.76 –0.09 ...
11.10 2.14 Precigen PGEN ... dd 7.03 +0.04 ... 26.87 6.15 RuthsHospitality RUTH ... dd 24.65 –0.28 ... 12.86 8.61 SpokHoldings SPOK 4.7 dd 10.72 –0.01 .125 36.62 18.05 TriMas TRS ... dd 30.83 +0.26 ... 75.49 26.96 Vroom VRM ... dd 40.34 +1.12 ...
16.60 4.46 PrecisionBio DTIL ... dd 8.60 –1.73 ... 118.17 48.61 Ryanair RYAAY ... dd 109.45 –6.29 ... 18.46 6.21 SportsmansWrhs SPWH ... 9 17.55 +0.08 ... 84.87 30.87 Trimble TRMB ... 52 80.40 –0.33 ...
67.73 28.92 PreferredBankLA PFBC 2.3 14 66.49 +1.67 .38 96.48 26.11 SpringWorks SWTX ... dd 68.95 –3.66 ... 6.82
15.99
0.93
13.46
TrinityBiotech
TrinityCapital
TRIB
TRIN
...
...
6
...
3.75
14.70
+0.04
+0.14
...
... W
82.46
95.38
40.69
23.69
PreformedLine
PreludeTherap
PLPC
PRLD
1.2
...
11
...
67.05
35.26
–2.21
–5.99
.20
... S 28.63
35.60
18.11
14.18
SproutsFarmersMkt
SpruceBio
SFM
SPRB
...
...
11
...
26.10
15.58
–0.32
–0.51
...
... 45.19 22.35 Trip.com TCOM ... dd 37.21 –2.93 ...
19.98 4.82 WaveLifeSci WVE ... dd 6.23 +0.14 ...
19.25 10.10 PremierFinBncp PFBI 3.2 12 18.97 +0.27 .15 128.23 33.38 StaarSurgical STAA ... cc 115.95 +10.19 ... 64.95 14.53 TripAdvisor TRIP ... dd 52.49 –2.76 ...
35.80 16.98 S&T Bancorp STBA 3.4 63 33.29 –0.20 .28 26.42 9.32 TriStateCapital TSC ... 18 23.77 +0.45 ... 333.42 151.16 WD-40 WDFC 1.0 51 280.07 –26.97 .72
35.90 12.79 PremierFinl PFC 2.9 21 32.85 –0.60 .24 325.13 131.57 Stamps.com STMP ... 22 205.64 +1.30 ... 55.18 21.00 WSFS Financial WSFS .9 22 50.68 +0.31 .12
37.79 28.64 Premier PINC 2.2 17 34.14 –0.62 .19 328.37 232.88 SBA Comm SBAC .8 cc 275.69 –5.49 .58 17.88 3.86 StarBulkCarriers SBLK ... cc 14.77 +0.28 ... 15.45 5.86 Triterras TRIT ... cc 7.50 +0.01 ...
10.50 4.20 SCYNEXIS SCYX ... dd 8.43 +0.15 ... 96.74 19.50 TriumphBancorp TBK ... 37 93.82 +12.16 ... 16.05 13.00 WVS Financial WVFC 2.5 16 15.80 –0.01 .10
104.90 48.00 PriceSmart PSMT .8 31 89.57 –8.20 .35 5.40 1.99 StarEquity STRR ... dd 3.30 –0.02 ... 37.35 17.75 WW Intl WW ... 28 29.77 –2.03 ...
16.32 7.58 PrimisFinl FRST 2.6 16 15.55 +0.49 .10 63.16 45.96 SEI Investments SEIC 1.1 21 62.71 +0.80 .37 113.96 70.35 Starbucks SBUX 1.6 cc 113.18 +3.80 .45 5.88 1.25 trivago TRVG ... dd 4.04 –0.46 ...
35.68 12.05 SI-BONE SIBN ... dd 33.76 +2.36 ... 6.47 2.10 TrueCar TRUE ... 7 5.01 –0.05 ... 5.85 0.97 Waitr WTRH ... 21 2.81 –0.03 ...
41.76 12.75 PrimorisSvcs PRIM .7 16 34.66 +1.21 .06 27.63 12.07 StateAutoFin STFC 2.0 76 19.95 +0.22 .10 57.05 33.36 WalgreensBoots WBA 3.5 dd 54.18 –0.57 .4675
62.31 28.11 PrincipalFin PFG 3.6 12 61.96 +1.10 .56 8.10 5.25 SIGA Tech SIGA ... 10 7.10 +0.48 ... 2.58 1.19 StealthBioTher MITO ... dd 1.40 –0.15 ... 126.53 24.85 Trupanion TRUP ... dd 75.62 –2.76 ...
19.30 6.12 SLM SLM .6 9 19.09 +0.82 .03 7.95 4.79 TrustcoBank TRST 3.6 14 7.53 +0.07 .0681 39.61 25.61 WarnerMusic WMG 1.3 dd 37.08 +3.06 .12
19.25 9.63 ProfessionalHldg PFHD ... 34 17.95 –0.68 ... 3.32 2.01 StealthGas GASS ... 9 2.86 –0.06 ... 34.00 20.01 WashingtonFederal WAFD 3.0 16 31.09 +0.21 .23
15.92 3.08 Progenity PROG ... dd 3.87 –1.05 ... 19.64 12.72 SLR Invt SLRC 8.6 52 18.96 +0.84 .41 52.59 20.58 SteelDynamics STLD 2.0 20 51.19 +0.22 .26 36.31 20.08 Trustmark TRMK 2.7 13 33.66 –0.25 .23
15.99 10.95 SLR Sr Invt SUNS 7.6 18 15.88 +0.90 .10 5.28 0.73 Tuniu TOUR ... dd 3.49 –0.15 ... 55.07 26.92 WashTrBcp WASH 4.0 13 52.19 +0.20 .52
49.23 33.38 ProgressSoftware PRGS 1.6 26 44.79 –0.25 .175 41.00 22.72 StepStone STEP .8 cc 35.82 –1.11 .07 21.41 12.10 WaterstoneFinl WSBF 3.8 6 20.85 +0.19 .20
53.48 18.77 Progyny PGNY ... cc 47.50 +1.85 ... 56.37 20.66 SMART Global SGH ... 86 55.90 +7.35 ... 79.50 43.83 Stericycle SRCL ... dd 67.86 –0.25 ... 141.30 46.75 TurningPtTherap TPTX ... dd 78.95 –11.64 ...
12.08 5.77 SocTelemed TLMD ... dd 6.92 +0.81 ... 35.74 6.38 TurtleBeach HEAR ... 13 28.63 +1.20 ... 36.79 10.86 Watford WTRE ... 11 34.88 +0.17 ...
28.33 16.11 PrometheusBio RXDX ... ... 22.91 +4.73 ... 24.49 6.72 SterlingCnstr STRL ... 14 21.34 –1.80 ... 26.50 12.54 WaysideTech WSTG 2.7 25 25.24 –0.06 .17
140.91 91.60 Proofpoint PFPT ... dd 131.33 +2.77 ... 2.40 0.80 SocTelemedWt TLMDW ... ... .96 +0.07 ... 40.49 17.83 StevenMadden SHOO 1.6 dd 38.13 +0.97 .15 44.45 12.67 21 Vianet VNET ... dd 30.67 –2.87 ...
46.67 0.60 SPI Energy SPI ... dd 7.37 –0.16 ... 10.44 4.66 TwinDisc TWIN ... dd 9.99 +0.22 ... 63.55 28.93 Weibo WB ... 36 49.38 –0.63 ...
9.46 3.40 ProQR Therap PRQR ... dd 6.23 –0.31 ... 113.76 14.53 StitchFix SFIX ... dd 52.53 +3.26 ... 24.91 16.00 Wendy's WEN 1.2 41 21.29 +0.55 .09
8.04 3.78 ProspectCapital PSEC 9.0 7 8.00 +0.21 .06 36.71 15.29 SP Plus SP ... dd 32.26 –1.53 ... 56.00 25.86 StockYardsBncp SYBT 2.1 20 51.17 –0.22 .27 214.07 25.72 TwistBiosci TWST ... dd 132.23 +10.03 ...
118.06 47.27 SPS Commerce SPSC ... 81 101.27 –1.48 ... 59.74 20.25 2U TWOU ... dd 39.75 –0.74 ... 48.65 35.15 WernerEnterprises WERN .8 20 48.15 +0.53 .10
32.10 6.13 ProtagonistTherap PTGX ... dd 26.58 –0.13 ... 71.58 19.00 StokeTherap STOK ... dd 34.35 –4.98 ... 38.72 17.46 WesBanco WSBC 3.6 20 36.34 –0.36 .33
67.08 12.51 ProtaraTherap TARA ... dd 14.95 –0.62 ... 74.00 47.56 SS&C Tech SSNC .9 31 72.43 +1.42 .16 95.12 20.39 StoneCo STNE ... cc 67.81 +3.59 ... 26.78 14.50 WestBancorp WTBA 3.5 13 24.88 +0.64 .22
23.30
23.17
13.50
11.69
ProtectiveInsA
ProtectiveInsB
PTVCA
PTVCB
1.7
1.7
75
75
22.92
23.05
...
+0.03
.10
.10
25.32
577.06
13.68
152.76
SSR Mining
SVB Fin
SSRM
SIVB
1.3
...
22
22
15.65
497.69
+0.43
+14.36
.05
...
66.87
56.95
32.11
11.89
StoneX
Stratasys
SNEX
SSYS
...
... dd
8 66.23
23.79
+0.43
–1.47
...
...
U 66.85 51.32 WestamericaBncp WABC 2.6 21 64.01 +0.70 .41
28.12 12.93 SVMK SVMK ... dd 18.64 –0.19 ... 74.66 33.53 WesternDigital WDC ... cc 72.93 +1.56 ...
28.66 9.25 Prothena PRTA ... dd 22.78 –1.96 ... 187.98 76.77 StrategicEd STRA 2.7 23 90.50 –2.39 .60 80.73 33.79 UFP Inds UFPI .7 20 80.13 +2.80 .15 9.24 4.61 WestNewEngBncp WNEB 2.5 18 8.09 –0.41 .05
20.05 6.36 ProventionBio PRVB ... dd 8.00 –3.04 ... 18.95 10.65 SabraHealthcare SBRA 6.7 27 17.94 –0.20 .30 67.28 11.91 Strattec STRT ... 25 49.60 +0.51 ...
16.88 5.25 Sabre SABR ... dd 15.37 +0.11 ... 99.82 40.02 UMB Fin UMBF 1.4 16 92.83 +0.30 .32 12.95 0.78 WestportFuelSys WPRT ... dd 6.69 –0.50 ...
18.23 11.40 ProvidentFin PROV 3.3 24 17.00 –0.10 .14 33.24 12.00 StratusProp STRS ... dd 31.85 +0.97 ... 12.94 4.76 USA Tech USAT ... dd 12.43 +0.41 ... 24.89 15.13 WeycoGroup WEYS 4.4 dd 21.75 –1.15 .24
15.86 9.53 PrudentialBncp PBIP 2.0 13 14.05 –0.86 .07 91.03 66.67 SafetyInsurance SAFT 4.2 9 84.99 –0.11 .90 4.63 1.86 StrongbridgeBio SBBP ... dd 2.63 –0.28 ...
29.33 16.25 SagaComm SGA ... dd 21.00 –1.07 ... 21.89 3.45 USA Truck USAK ... 35 18.12 –2.66 ... 54.99 18.57 Willdan WLDN ... dd 42.34 –0.21 ...
76.96 22.42 PubMatic PUBM ... ... 57.12 –0.88 ... 27.40 13.48 SummitFin SMMF 2.6 11 26.12 –0.68 .17 78.99 14.50 US Concrete USCR ... 43 66.60 +0.33 ... 47.78 14.11 WillisLease WLFC ... 42 43.58 +0.79 ...
69.48 37.64 Pulmonx LUNG ... dd 43.48 –4.52 ... 98.39 26.90 SageTherap SAGE ... 7 76.61 –0.27 ... 18.25 7.35 SummitStateBk SSBI 2.9 10 16.68 +0.32 .12 45.72 26.69 US Ecology ECOL ... dd 42.55 –0.05 ... 240.33 173.06 WillisTowers WLTW 1.2 31 239.98 +6.39 .71
14.14 7.48 PumaBiotech PBYI ... dd 9.33 –0.63 ... 243.36 69.03 Saia SAIA ... 45 235.68 +1.67 ... 12.30 2.69 SummitTherap SMMT ... dd 5.63 –0.51 ... 156.00 66.02 US Lime&Min USLM .4 29 143.60 +7.15 .16 29.50 3.20 WiMiHologram WIMI ... ... 6.23 –0.41 ...
65.90 33.00 PureTechHealth PRTC ... 3 60.00 +0.87 ... 3.95 0.69 SalemMedia SALM ... dd 2.50 –0.55 ... 46.37 16.50 SumoLogic SUMO ... dd 19.15 –0.05 ... 24.77 8.56 uCloudlink UCL ... dd 10.31 –0.59 ... 172.87 95.33 Wingstop WING .4 cc 137.66 +1.83 .14
41.08 6.55 PurpleInnovation PRPL ... cc 34.01 +2.61 ... 44.60 21.21 SanaBiotech SANA ... ... 31.38 –0.62 ... 39.55 31.02 SunCountryAir SNCY ... ... 38.21 +4.71 ... 351.00 186.01 UltaBeauty ULTA ... cc 322.22 +8.60 ... 198.75 120.70 Winmark WINA .5 25 189.00 –2.06 .25
9.11 4.10 Puyi PUYI ... dd 4.14 –0.37 ... 167.41 108.57 SandersonFarms SAFM 1.1 48 162.76 +0.30 .44 17.07 1.83 SunOpta STKL ... dd 14.89 +0.05 ... 65.33 14.72 UltraClean UCTT ... 29 55.05 –8.59 ... 87.85 29.21 WintrustFin WTFC 1.6 16 76.74 +0.62 .31
78.69 37.02 QAD A QADA .4 cc 76.19 +6.19 .072 44.81 18.79 SandySpringBncp SASR 2.9 21 43.45 –0.05 .32 57.52 3.93 SunPower SPWR ... 12 29.71 –3.53 ... 179.65 51.73 UltragenyxPharm RARE ... dd 103.48 –9.72 ... 6.93 2.33 WisdomTreeInvs WETF 1.8 dd 6.58 +0.13 .03
53.00 25.50 QAD B QADB .5 cc 52.00 +6.20 .06 93.46 71.00 Sanfilippo JBSS .7 18 89.98 –0.44 2.50 100.93 10.84 SunRun RUN ... dd 51.60 –7.53 ... 9.20 5.10 Ultralife ULBI ... 25 8.23 –0.05 ... 22.40 3.90 WISeKey WKEY ... dd 10.55 –2.94 ...
12.60 2.13 Q&K Intl QK ... dd 2.47 –0.13 ... 19.43 6.97 SangamoTherap SGMO ... dd 11.02 –1.26 ... 40.33 20.27 SuperMicroComp SMCI ... 24 39.68 +0.09 ... 19.24 8.88 Umpqua UMPQ 4.7 dd 17.88 +0.25 .21 362.07 116.75 Wix.com WIX ... dd 298.18 +4.88 ...
49.49 23.37 QCR Holdings QCRH .5 13 48.08 +0.10 .06 43.36 23.75 Sanmina SANM ... 19 41.45 –0.70 ... 29.33 6.40 SuperiorGroup SGC 1.6 9 24.82 –1.18 .10 8.60 3.95 UnicoAmerican UNAM ... dd 6.00 +0.93 ... 127.91 50.50 Woodward WWD .5 35 122.71 –0.43 .1625
20.84 9.69 QIWI QIWI 8.9 5 10.64 +0.01 .34 55.00 43.17 Sanofi SNY 2.7 9 50.77 +1.41 1.9061 31.99 17.20 SupernusPharms SUPN ... 12 28.31 +1.59 ... 31.38 17.07 UnionBankshares UNB 4.3 11 30.50 +0.77 .33 282.77 137.62 Workday WDAY ... dd 257.61 +2.64 ...
22.00 4.20 QilianIntl QLI ... ... 4.61 –0.07 ... 35.85 20.19 SapiensInt SPNS ... 50 32.36 +0.08 ... 14.40 2.00 SurfaceOncol SURF ... 5 7.95 –0.14 ... 71.45 28.58 uniQure QURE ... dd 33.74 –0.37 ... 170.98 47.72 WorldAcceptance WRLD ... 14 130.61 +0.39 ...
199.94 80.80 Qorvo QRVO ... 46 191.86 –1.04 ... 181.83 69.56 SareptaTherap SRPT ... dd 70.54 –5.67 ... 3.97 1.49 Surgalign SRGA ... dd 2.05 –0.14 ... 63.70 18.18 UnitedAirlines UAL ... dd 58.43 +0.61 ... 143.88 65.54 WynnResorts WYNN ... dd 131.39 +3.29 ...
167.94 71.44 Qualcomm QCOM 1.8 24 140.57 +2.78 .65 36.10 3.50 SatsumaPharm STSA ... dd 5.28 –0.68 ... 47.02 6.21 SurgeryPartners SGRY ... dd 45.45 +1.85 ... 29.00 12.95 UnitedBancshares UBOH 2.4 6 26.55 +1.05 .16
57.28 31.32 QualtricsIntl XM ... dd 32.08 –0.35 ... 3.58 1.00 Savara SVRA ... dd 1.95 –0.30 ... 58.60 33.27 Surmodics SRDX ... cc 57.14 +0.96 ...
148.84 86.65 Qualys QLYS ... 46 104.16 +0.28 ... 34.10 18.25 ScanSource SCSC ... dd 29.78 –0.73 ... 28.30 7.06 SutroBioph STRO ... dd 20.10 –3.37 ...
41.61
36.67
20.57
14.95
UnitedBkshrsWV
UtdCmtyBks
UBSI
UCBI
3.6
2.1
17
18
38.98
34.03
+0.09
–0.20
.35
.19 XYZ
92.57 19.95 Quanterix QTRX ... dd 66.12 +4.67 ... 46.86 12.93 SchnitzerSteel SCHN 1.9 20 39.41 –3.37 .1875 46.68 22.87 SykesEnterprises SYKE ... 32 44.06 –0.52 ... 36.40 18.83 UnitedFire UFCS 1.8 dd 33.77 –1.30 .15
9.47 2.95 Quantum QMCO ... dd 8.33 –0.32 ... 70.00 10.28 ScholarRock SRRK ... dd 29.94 –16.68 ... 10.60 3.81 Synalloy SYNL ... dd 9.72 +0.47 ... 18.30 13.18 UnitedGuardian UG 4.8 21 14.89 +0.08 .36 46.32 15.48 XOMA XOMA ... 95 38.99 –1.65 ...
22.99 5.51 Quhuo QH ... dd 6.01 –0.12 ... 34.35 18.80 Scholastic SCHL 2.0 dd 30.63 ... .15 144.45 55.59 Synaptics SYNA ... 34 135.74 –2.40 ... 8.92 5.32 UnitedSecBcshrs UBFO 5.6 15 7.82 –0.39 .11 52.94 20.00 XP XP ... 56 39.01 –0.68 ...
306.72 94.20 Quidel QDEL ... 7 123.20 –7.11 ... 117.00 35.80 Schrodinger SDGR ... dd 73.90 –4.63 ... 6.59 2.17 Synchronoss SNCR ... dd 3.46 –0.41 ... 204.78 94.26 UnitedTherap UTHR ... 18 203.36 +11.02 ... 21.48 12.53 XBiotech XBIT ... dd 16.95 –0.17 ...
25.99 7.31 QuinStreet QNST ... 36 20.16 –0.54 ... 52.88 8.17 ScientificGames SGMS ... dd 44.35 +4.26 ... 27.85 9.83 SyndaxPharm SNDX ... dd 22.16 –1.61 ... 13.40 4.86 Uniti UNIT 5.6 dd 10.73 –0.56 .15 4.15 0.51 XcelBrands XELB ... dd 2.29 +0.36 ...
10.38 3.44 Quotient QTNT ... dd 4.00 +0.19 ... 21.74 8.50 SciPlay SCPL ... 20 17.00 +0.36 ... 81.35 46.27 SyneosHealth SYNH ... 44 80.00 +2.91 ... 23.37 10.56 UnityBancorp UNTY 1.5 10 21.05 –0.55 .08 76.44 56.07 XcelEnergy XEL 2.7 24 67.43 +0.64 .4575
28.46 3.83 QurateRetailB QRTEB .0 4 12.13 –1.17 1.50 47.86 5.34 ScopusBio SCPS ... ... 7.57 –0.96 ... 5.11 1.74 Synlogic SYBX ... dd 3.33 –0.28 ... 15.44 2.72 UnityBiotech UBX ... dd 5.83 –0.47 ... 58.35 26.80 Xencor XNCR ... dd 40.47 –2.51 ...
13.76 3.85 QurateRetailA QRTEA .0 4 12.10 +0.28 1.50 45.00 2.60 ScoreMedia SCR ... dd 22.18 –4.16 ... 300.91 133.27 Synopsys SNPS ... 57 261.85 +7.62 ... 262.77 130.35 UnivDisplay OLED .3 86 240.83 +2.69 .20 21.94 9.32 XenonPharms XENE ... dd 17.62 –1.27 ...
5.64 1.53 Qutoutiao QTT ... dd 2.37 –0.19 ... 11.99 5.06 scPharm SCPH ... dd 6.51 –0.31 ... 7.89 0.56 SyprisSolutions SYPR ... 40 3.18 –0.27 ... 65.02 33.75 UnivElectro UEIC ... 21 56.00 ... ... 7.94 1.56 XerisPharm XERS ... dd 4.23 –0.28 ...
24.78 5.84 ScrippsEW SSP 1.0 21 20.69 +0.95 .05 15.65 6.40 SyrosPharm SYRS ... dd 6.53 –0.86 ... 27.95 11.41 UnivLogistics ULH 1.6 15 26.67 +0.09 .105 7.44 0.97 XiaobaiMaimai HX ... ... 1.89 +0.04 ...
3.04 0.69 SeaChange SEAC ... dd 1.43 –0.12 ... 154.93 80.45 Xilinx XLNX .0 52 129.72 –0.13 .38
R 40.93 16.11 SeacoastBkgFL SBCF ... 26 36.53 +0.01 ...
11.41 5.12 UnivStainless USAP ... dd 9.98 +0.07 ...
25.03 11.03 Xperi XPER .9 15 22.33 ... .05
80.77 43.53 Seagate STX 3.3 21 80.53 +2.04 .67 T 11.99
30.14
3.75
13.20
UniversePharm
UnivestFin
UPC
UVSP
...
2.8
...
18
4.64
28.18
–0.61
–0.41
...
.20 11.22 2.55 Xunlei XNET ... dd 6.80 +0.15 ...
41.86 13.36 RaptTherap RAPT ... dd 21.04 –1.96 ... 213.94 117.91 Seagen SGEN ... 43 142.85 –0.55 ... 38.50 2.52 UpFintech TIGR ... cc 19.96 +2.38 ... 55.22 26.14 Y-mAbsTherap YMAB ... dd 26.38 –3.90 ...
23.00 10.61 RBB Bancorp RBB 2.4 12 20.14 –0.07 .12 22.97 8.04 SeaSpine SPNE ... dd 21.94 +4.03 ... 50.13 20.85 TCF Financial TCF 2.9 34 48.12 +0.85 .35 52.00 26.56 UplandSoftware UPLD ... dd 46.22 –1.56 ... 74.32 33.79 Yandex YNDX ... 63 62.02 –2.95 ...
206.64 103.09 RBC Bearings ROLL ... 50 198.03 –0.11 ... 4.66 2.11 SecooHolding SECO ... 50 2.51 –0.07 ... 13.88 5.51 TCG BDC CGBD 9.3 dd 13.77 +0.39 .05 165.66 22.61 Upstart UPST ... ... 127.29 –16.99 ... 10.20 1.38 Yellow YELL ... dd 9.46 +0.41 ...
73.36 7.80 RCI Hospitality RICK .2 dd 70.16 +7.24 .04 16.31 10.01 SecureWorks SCWX ... dd 13.66 –0.25 ... 35.86 8.63 TCR2 Therap TCRR ... dd 22.02 –0.87 ... 63.88 6.86 Upwork UPWK ... dd 47.96 +1.43 ... 51.90 39.50 YorkWater YORW 1.5 38 48.57 –0.34 .1874
12.49 1.12 RCM Tech RCMT ... dd 3.47 –0.28 ... 10.69 4.69 SecurityNatFin SNFCA ... 3 8.46 –1.01 ... 23.55 7.71 TelaBio TELA ... dd 13.72 –1.23 ... 41.95 14.41 UrbanOutfitters URBN ... cc 39.18 +2.86 ... 6.05 1.67 Yunji YJ ... dd 2.14 –0.07 ...
50.26 25.93 REGENXBIO RGNX ... dd 35.17 +0.81 ... 86.55 38.37 Seer SEER ... ... 51.99 –0.19 ... 21.14 4.20 TFF Pharm TFFP ... dd 13.21 –0.40 ... 30.89 17.17 UroGenPharma URGN ... dd 19.20 –0.43 ... 5.95 2.06 Ziopharm ZIOP ... dd 3.32 –0.31 ...
7.56 4.05 RF Industries RFIL ... dd 6.72 +0.48 ... 12.60 5.98 SelectBancorp SLCT ... 24 11.20 +0.06 ... 21.64 12.90 TFS Fin TFSL 5.5 70 20.45 –0.15 .28 109.00 77.22 UtahMedProducts UTMD 1.3 30 87.54 –0.70 .285 193.54 57.13 ZaiLab ZLAB ... dd 132.63 +1.67 ...
28.77 22.08 RGC Resources RGCO 3.3 16 22.37 –0.04 .185 5.70 1.47 SelectaBiosci SELB ... dd 4.18 –0.35 ... 135.54 84.47 T-MobileUS TMUS ... 46 129.03 +1.38 ... 2.54 0.82 UTStarcom UTSI ... ... 1.52 +0.01 ... 44.42 29.43 ZealandPharma ZEAL ... dd 32.80 +1.11 ...
10.20 3.00 RISE Education REDU ... dd 3.60 –0.36 ... 77.84 42.14 SelectiveIns SIGI 1.3 18 75.51 +2.18 .25 81.36 13.01 TPIComposites TPIC ... dd 53.07 –4.19 ... 2.02 0.72 Uxin UXIN ... dd 1.40 –0.57 ... 516.79 192.42 ZebraTech ZBRA ... 54 507.51 +15.73 ...
31.28 8.34 R1RCM RCM ... 79 25.42 +0.44 ... 83.94 38.83 Semtech SMTC ... 78 70.53 –0.93 ... 181.34 96.42 TRowePrice TROW 2.4 18 179.52 +5.56 1.08 61.29 23.28 ZentalisPharm ZNTL ... dd 37.41 –5.93 ...
26.43 15.25 RackspaceTech RXT ... dd 26.07 +1.07 ... 62.37 30.18 SenecaFoods A SENEA ... 3 50.29 +2.62 ... 106.63 33.42 TTEC TTEC .8 42 105.33 +5.71 .43 212.40 32.77 Zillow A ZG ... dd 147.60 +12.18 ...
15.64 6.57 RadiusGlbInfr RADI ... dd 15.51 +0.96 ... 61.96 29.52 SenecaFoods B SENEB ... 4 51.45 +3.22 ... 15.25 9.85 TTM Tech TTMI ... dd 14.97 +0.03 ... V 208.11 33.08 Zillow C Z ... dd 145.11 +11.70 ...
26.16 10.15 RadiusHealth RDUS ... dd 19.49 –1.21 ... 26.50 11.75 SenseiBiotherap SNSE ... ... 14.13 –0.29 ... 3.79 0.45 T2Biosystems TTOO ... dd 1.53 –0.04 ... 60.22 25.07 ZionsBancorp ZION 2.4 18 55.94 +0.53 .34
25.49 10.66 RadNet RDNT ... dd 21.37 –0.65 ... 38.50 3.36 SeresTherap MCRB ... dd 20.58 +0.13 ... 69.31 30.12 TabulaRasaHlth TRHC ... dd 43.16 –3.74 ... 1.90 1.20 VEON VEON ... dd 1.77 +0.01 ... 10.37 4.91 Zix ZIXI ... dd 7.57 –0.17 ...
31.96 20.88 Radware RDWR ... cc 26.71 +0.26 ... 13.92 4.36 ServiceProperties SVC .3 dd 12.44 +0.14 .01 64.53 30.31 TactileSystems TCMD ... dd 54.00 +0.57 ... 27.78 3.51 VOXX Intl VOXX ... dd 19.45 –0.36 ... 32.42 17.20 Zogenix ZGNX ... dd 19.27 –1.37 ...
5.35 1.75 RamacoRscs METC ... dd 4.40 ... ... 2.18 0.89 ServiceSource SREV ... dd 1.41 –0.03 ... 12.65 3.69 TaiwanLiposome TLC ... dd 6.09 +0.07 ... 44.27 15.00 VSE VSEC .9 dd 41.84 +1.44 .09 588.84 125.60 ZoomVideo ZM ... cc 322.65 –3.58 ...
22.30 11.31 Rambus RMBS ... dd 20.28 –0.04 ... 64.16 26.00 ServisFirstBcshs SFBS 1.3 20 61.12 –0.51 .20 214.91 117.27 TakeTwoSoftware TTWO ... 43 184.02 +3.87 ... 13.20 4.80 VyneTherap VYNE ... dd 6.01 –0.92 ... 64.40 30.83 ZoomInfoTech ZI ... dd 47.27 –0.90 ...
24.70 8.60 RandolphBancorp RNDB ... 5 19.52 –0.34 ... 3.57 0.51 SesenBio SESN ... dd 2.52 –0.19 ... 65.90 23.07 Talend TLND ... dd 64.70 +0.76 ... 14.69 6.36 ValleyNatlBncp VLY 3.2 15 13.80 ... .11 7.34 1.31 Zovio ZVO ... dd 3.81 –0.39 ...
94.60 40.12 Rapid7 RPD ... dd 79.29 +1.94 ... 23.93 6.50 17Educ&Tech YQ ... dd 6.96 –0.53 ... 33.90 10.65 TalisBiomed TLIS ... ... 12.82 –0.10 ... 20.51 9.00 VandaPharm VNDA ... 38 16.25 +0.54 ... 230.88 61.88 Zscaler ZS ... dd 185.04 +9.27 ...
11.80 4.41 RattlerMidstrm RTLR 7.6 14 10.52 –0.55 .20 60.52 17.51 ShattuckLabs STTK ... ... 28.23 –1.36 ... 123.74 64.52 TandemDiabetes TNDM ... dd 87.99 +0.36 ... 26.66 10.37 VarexImaging VREX ... dd 21.95 +1.07 ... 49.23 16.77 Zumiez ZUMZ ... 16 46.94 +3.44 ...
45.11 17.56 RavenIndustries RAVN .0 73 38.40 –0.08 .13 59.93 38.77 ShenandoahTel SHEN .7 19 49.00 –0.08 .34 5.36 1.50 TarenaIntl TEDU ... ... 3.14 –0.07 ... 75.33 19.49 VaronisSystems VRNS ... dd 53.76 +0.54 ... 9.00 3.12 ZynerbaPharma ZYNE ... dd 4.28 –0.50 ...
6.66 0.69 RealNetworks RNWK ... dd 4.90 +0.27 ... 44.04 28.17 ShoalsTech SHLS ... ... 34.69 +0.12 ... 63.69 15.32 TarsusPharm TARS ... ... 28.56 –4.37 ... 3.17 1.01 VascularBiogenics VBLT ... dd 1.73 –0.27 ... 12.32 6.84 Zynga ZNGA ... dd 10.61 +0.13 ...
M20 BARRON’S April 12, 2021

Exchange-Traded Portfolios
Tick Div Tick Div Tick Div Tick Div Tick Div Tick Div
Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt.
HartfordLowVolIntl RODE 3.1 28.43 +0.50 .44 iShUSSmBlendStyle STSB .9 47.65 +0.15 .1016 RareviewTaxAdv RTAI 2.9 27.26 +0.03 .0647 FT LC CoreAlpha FEX .9 82.46 +1.43 .0863 InvscDWATechMom PTF ... 148.29 +1.70 ...
Bats HartfordShrtDur HSRT
InnovDoubStkJan DSJA
2.7
...
41.07
27.50
+0.06
+0.49
.0744
...
iShFctUSValStyle STLV
iShFloatingRateBd FLOT
2.0
.5
27.98
50.74
+0.28
...
.1394
.0219
RevWeightUSLC RVRS
SPDRDoubleEMFixed EMTL
1.6
2.8
22.13
50.40
+0.28
+0.13
.3525
.1183
FT LC GrwthAlpha FTC .1
FT LC US Equity RNLC 1.2
102.56
31.11
+3.08
+0.52
.037
.0452
InvscDWAUtilMom PUI
InvscDivAchvrs PFM
2.4
1.7
33.31
35.38
+0.18
+0.59
.1836
.1316
InnovDoubStkOct DSOC ... 29.87 +0.35 ... iShGlbxUSDHiYdCpBd HYXU 1.5 56.13 +0.47 .8181 SPDRDoubleShDurTR STOT 1.4 49.66 +0.05 .0593 FT LC Value FTA 1.7 64.59 +0.60 .1726 InvscIntLowBeta IDLB 1.1 30.30 +0.18 .1503
ARK AutoTech ARKQ .0 85.33 +0.28 .6561 InnovDbStk9Jan DBJA ... 26.80 +0.34 ... iShGlbHiCorpBdFd GHYG 4.5 50.42 +0.18 .2034 SPDRNuvMuniBd MBND .3 29.88 +0.14 .0086 FT LatAmAlpha FLN 1.5 18.48 +0.59 .0494 InvscFTSEUS1500SM PRFZ .8 179.31 +0.17 .3859
ARKGenomicRev ARKG .0 87.74 –1.77 .4256 InnovDbStk9Oct DBOC ... 28.21 +0.11 ... iShGoldStrategy IAUF 8.3 53.61 +0.49 4.4706 SabaClosedEndFds CEFS 8.0 21.01 –0.03 .14 FT LowDurOpp LMBS 2.3 51.08 –0.04 .09 InvscGlblWater PIO .8 37.26 +0.68 .0057
ARK Israel Innov IZRL ... 32.34 +0.44 ... InnovGrowthAccQ XDQQ ... 26.56 +0.64 ... iShiBdsDec2028Muni IBMQ 1.0 27.30 +0.11 .0235 2ndVoteLifeNeutral LYFE .1 29.36 +0.85 .0264 FT LowDurStrat LDSF 2.5 20.27 ... .035 InvscGoldenDragon PGJ .2 63.01 –2.12 .0817
ArkSpaceExpln ARKX ... 21.03 +0.12 ... InnovGrwAccPlApr QTAP ... 26.66 +0.63 ... iShiBdsDec25Muni IBMN .8 27.97 +0.03 .0176 2ndVoteSocDef EGIS .1 31.16 +0.60 .026 FT MgdMuni FMB 2.1 56.72 +0.21 .0975 InvscHYBd IHYF 3.5 25.65 +0.14 .1007
AVDR US LC ESG AVDG ... 28.19 +0.85 ... InnovNasd100Oct NOCT ... 37.51 +0.41 ... iShiBdsDec24Muni IBMM .9 27.00 +0.03 .02 SirenDivDefender DFND ... 37.18 +0.88 ... FT MC CoreAlpha FNX .8 95.98 +0.86 .0128 InvscHYEquDivAch PEY 3.6 20.48 +0.12 .0674
AVDR US LC Ldg AVDR ... 28.09 +0.46 ... InnovNasd100Apr NAPR ... 36.47 +0.46 ... iShiBdsDec27Mun IBMP .9 27.03 +0.07 .021 SirenDivLdrsDiv LEAD .7 51.51 +1.08 .0964 FT MC GrwthAlpha FNY .2 69.39 +0.29 .0697 InvscIntlBuyBkAch IPKW 1.2 43.80 +0.64 .2124
AffinityWorldLdr WLDR 1.3 26.21 +0.44 .0828 InnovNasd100Jan NJAN ... 39.68 +0.51 ... iShiBdsDec26Muni IBMO .7 26.89 +0.05 .0152 SmartSustEnerII SULR ... 31.13 –0.23 ... FT MC US Equity RNMC 1.2 28.38 +0.28 .0546 InvscIntlDivAch PID 2.9 17.08 +0.22 .0981
AgilityDynTacti THY 1.3 25.29 +0.05 .0266 InnovNasd100Jul NJUL ... 45.71 +0.06 ... iShiBdsDec23Muni IBML 1.1 26.16 +0.04 .0249 StrategyResRobust ROMO .9 27.00 +0.48 .2422 FT MC ValAlpha FNK 1.3 43.89 +0.54 .0429 InvscKBWBank KBWB 2.0 63.43 +1.00 .2905
AgilityMgdRisk MRSK 3.0 30.01 +0.51 1.1989 InnovRuss2000Jul KJUL ... 26.45 +0.03 ... iShBds2025TermHY IBHE 4.9 25.06 +0.02 .1023 SwanHdgEqUSLC HEGD ... 17.63 +0.35 ... FT MCGrAlpDX FAD .2 111.79 +1.61 .0528 InvscKBWHiDvYdFn KBWD 7.2 20.11 +0.24 .1076
AlphaIntQuMom IMOM .2 35.27 +0.87 .084 InnovRuss2000Oct KOCT ... 26.67 +0.12 ... iShiBds2024TermHY IBHD 4.5 24.59 +0.02 .0914 3DPrintingETF PRNT ... 39.42 –0.45 ... FT MuCValAlpha FAB 1.3 70.14 +0.64 .1182 InvscKBWPrEquREIT KBWY 8.7 22.40 –0.50 .1196
AlphaIntQuVal IVAL .8 29.41 +0.37 .1699 InnovRuss2000Apr KAPR ... 27.08 +0.01 ... iShBds2021TermHY IBHA 1.9 24.21 +0.02 .0382 TrendAggSG TEGS .0 27.64 +0.36 3.0537 FTMuniCEFIncmOpp MCEF 3.4 20.56 +0.16 .0625 InvscKBWP&CIns KBWP 1.9 76.01 +0.62 .5283
AlphaUSQuMom QMOM ... 53.70 +0.54 ... InnovRuss2000Jan KJAN ... 30.61 +0.03 ... iShBds2026TermHY IBHF 4.6 25.53 +0.03 .0969 TrendAggUS TAEQ .0 27.13 +0.48 2.1143 FTMuniHiIncm FMHI 3.1 54.87 +0.25 .14 InvscKBWRegBkg KBWR 2.2 61.18 –0.19 .3008
AlphaUSQuVal QVAL 1.6 33.15 +0.41 .0952 InnovS&P500Buff BJUL ... 31.13 +0.12 ... iShBds2023TermHY IBHC 4.9 24.62 +0.04 .1001 TrimDonForRisk DFNV .0 27.34 +0.67 .0053 FT NasdComBk QABA 1.9 57.24 +0.13 .2069 InvscNasdNext100 QQQJ .3 32.75 +0.38 .0276
AlphaArchValMom VMOT ... 27.82 +0.37 ... InnovS&P500BuffO BOCT ... 31.61 +0.28 ... iShBds2022TermHY IBHB 3.2 24.26 +0.01 .0652 TrimDonForTact DFHY 2.1 25.06 +0.09 .1705 FT NasdCleanEdge QCLN .2 66.57 –2.61 .0708 InvscNasd100 QQQM .5 138.50 +5.11 .1575
AlphaCloneAltAlpha ALFA .5 79.45 +2.45 .3668 InnovS&P500BuffA BAPR ... 30.72 +0.48 ... iShInflHdgCpBd LQDI 2.3 28.40 –0.08 .0577 TrimTabsIntlFrCsh TTAI .6 34.10 +0.67 .2029 FT NasdClEdSmGr GRID .6 88.10 +1.00 .0499 InvscNasdInt PNQI ... 244.81 +9.22 ...
AmCentFocDyn FDG .0 77.88 +2.84 .0078 InnovS&P500Aug BAUG ... 31.13 +0.17 ... iShIntlAggregateBd IAGG .0 54.95 –0.04 .0476 TrimTabsUSFrCsh TTAC .4 51.15 +1.37 .1894 FT NasdCybersec CIBR .2 43.26 +0.87 .027 Invsc1-30LadTrea PLW .9 35.42 +0.06 .0291
AmCentFocLCV FLV 1.2 58.89 +0.80 .2578 InnovS&P500Dec BDEC ... 32.34 +0.31 ... iShIntlDevSCV ISVL ... 35.59 +0.60 ... TrueStructOutApr APRZ ... 25.51 +0.49 ... FT NasdGlblAuto CARZ .6 58.06 +0.05 .1777 InvscQQQI QQQ .5 337.11 +12.54 .3947
AmCentQualCv QCON .4 47.62 +0.91 .0421 InnovS&P500Feb BFEB ... 29.72 +0.42 ... iShIntlDivGrowth IGRO 2.4 66.46 +0.95 .3954 TrueStructOutAug AUGZ ... 30.01 +0.67 ... FT Nasd100xTech QQXT .3 82.28 +1.19 .0978 InvscRAFIStDvxUS ISDX 1.8 30.12 +0.35 .1683
AmCentQualPfd QPFF 2.1 40.92 +0.26 .2198 InnovS&P500Jan BJAN ... 34.82 +0.33 ... iShLiquidityIncm ICSH .5 50.49 –0.01 .0203 TrueStructOutDec DECZ ... 27.44 +1.22 ... FT Nasd100Tech QTEC .3 152.11 +3.73 .007 InvscRAFIStratEM ISEM 2.6 28.91 –0.12 .0472
AmCustSatisfCore ACSI .7 48.10 +1.53 .3523 InnovS&P500BuffJun BJUN ... 32.03 +0.01 ... iShMSCIArgentina AGT .9 25.65 +0.64 .1711 TrueStructOutFeb FEBZ ... 26.80 +0.58 ... FT NasdArtlIntel ROBT .1 53.81 +0.80 .0505 InvscRAFIStratUS IUS 1.5 35.90 +0.59 .1473
AnfieldCapDiv DALT .0 10.18 +0.08 .0004 InnovS&P500BuffMar BMAR ... 31.81 +0.46 ... iShMSCIChileCapped ECH 1.9 35.03 +0.73 .1472 TrueStructOutJan JANZ ... 27.23 +0.58 ... FTNasdaqBk FTXO 2.0 31.99 +0.56 .06 InvscRAFIStrUSSm IUSS .6 36.86 –0.15 .0648
AnfieldDynFix ADFI .6 9.68 +0.01 .0045 InnovS&P500BffMay BMAY ... 30.40 +0.08 ... iShMSCIChinaAETF CNYA 1.1 41.09 –0.57 .3541 TrueStructOutJul JULZ ... 31.50 +0.73 ... FT NasdFood&Bev FTXG 1.2 25.84 +0.04 .0502 InvscR1000LoBeta USLB 2.1 37.82 +0.37 .1052
AnfieldUSEquity AESR .7 13.07 +0.37 .0548 InnovS&P500BuffN BNOV ... 31.23 +0.36 ... iShMSCIDenmarkCap EDEN .4 100.56 +2.78 .0472 TrueStructOutMar MARZ ... 26.21 +0.53 ... FT NasdOil&Gas FTXN 1.3 15.25 –0.90 .0142 InvscS&PSCCnsDisc PSCD .3 113.23 +0.40 .0885
AnfieldUnivFx AFIF 1.6 9.72 –0.05 .0128 InnovS&P500JSep BSEP ... 31.02 +0.42 ... iShMSCIEmgMulti EMGF 1.8 52.73 +0.25 .5472 TrueStructOutNov NVMZ ... 29.84 +1.25 ... FT NasdPharm FTXH .9 25.46 –0.35 .0771 InvscS&PSCCnsStpl PSCC 1.8 100.28 –0.52 .4592
AptusColIncmOpp ACIO .9 29.16 +0.56 .0667 InnovS&P500Divrs BUFF 1.5 34.36 +0.23 .0666 iShMSCIEurozone EZU 2.0 47.93 +0.72 .623 TrueStructOutOct OCTZ ... 29.28 +0.64 ... FT NasdRetail FTXD .7 31.71 +0.01 .0099 InvscS&PSCEner PSCE .4 6.05 –0.65 .003
AptusDefRisk DRSK 1.1 29.57 +0.21 .0426 InnovS&P500Pwr PJUL ... 29.44 +0.07 ... iShMSCIFinlandCap EFNL 2.8 46.82 +1.03 .5702 TrueStructOutSep SEPZ ... 28.66 +0.59 ... FT NasdSemicon FTXL .4 68.18 +1.06 .0073 InvscS&PSCFinls PSCF 2.2 57.34 +0.13 .3467
AptusDrawMgd ADME .3 38.03 +1.09 .0311 InnovS&P500PwrF PFEB ... 27.89 +0.26 ... iShMSCIGermanySC EWGS 1.1 79.48 +0.54 .3159 UphldgsCompKings KNGS ... 28.32 +0.43 ... FT NasdaqTrans FTXR .2 33.52 +0.43 .042 InvscS&PSCHlthCr PSCH ... 182.32 –2.74 ...
ArrowResCapMgmt ARCM .5 100.03 ... .0119 InnovS&P500PwrN PNOV ... 29.97 +0.17 ... iShMSCIGlbMet&MnPr PICK 1.9 43.44 +0.89 .4633 VanEckAMTFrIntMuni ITM 1.9 51.41 +0.21 .0803 FT Nasd100 EW QQEW .3 107.01 +1.92 .0776 InvscS&PSCIndls PSCI .6 94.71 +0.25 .2371
BarclaysETN+Select ATMP 6.3 13.90 +0.02 .2182 InnovS&P500PwrA PAPR ... 27.85 +0.20 ... iShMSCIGlSilverMin SLVP 2.6 15.98 +0.63 .3873 VanEckAMTFrLgMun MLN 2.4 21.49 +0.10 .0449 FT RBA AmerInd AIRR .1 41.35 +0.33 .0034 InvscS&PSCInfTech PSCT .1 139.68 –0.91 .0127
BarcRetDisability RODI ... 112.73 +2.81 ... InnovS&P500Aug PAUG ... 29.09 +0.11 ... iShMSCIEAFEGrowth EFG .8 104.43 +2.20 .3525 VanEckAMTFrShMuni SMB 1.4 18.06 +0.01 .0189 FTRisingDivAch RDVY 1.3 47.20 +1.00 .117 InvscS&PSCMatls PSCM 1.3 62.84 –0.71 .0689
BarclaysWILETN WIL ... 90.84 +1.43 ... InnovS&P500PwrD PDEC ... 30.05 +0.29 ... iShMSCIIndiaETF INDA .3 41.69 –0.69 .0316 VanEckCEFMuni XMPT 4.0 28.93 +0.32 .0958 FT RiverFrDynAP RFAP 1.9 58.39 +1.22 .1876 InvscS&PSCUtil PSCU 1.2 63.17 +0.38 .1792
BlkRkHYMuniIncm HYMU ... 25.55 +0.18 ... InnovS&P500Jan PJAN ... 31.90 +0.22 ... iShMSCIIndiaSC SMIN .9 49.06 –0.66 .0495 VanEckHYMuni HYD 3.9 62.15 +0.15 .1944 FT RiverFrDynDev RFDI 1.4 67.82 +1.46 .2184 InvscVarRateInvt VRIG 1.1 25.09 +0.02 .0174
CabotGrowth CBTG ... 29.88 –0.82 ... InnovS&P500PwrJun PJUN ... 30.67 +0.06 ... iShMSCIKuwait KWT .5 30.04 +0.83 .0742 VanEckMdyBBBCpBd MBBB 2.3 24.68 +0.10 .0469 FT RiverFrDynEM RFEM 1.2 73.31 –0.35 .0491 InvscWaterRscs PHO .3 50.80 +0.92 .0285
CambriaEmSharehldr EYLD 2.9 39.02 +0.67 .1064 InnovS&P500PwrBuff PMAR ... 29.95 +0.29 ... iShMSCINorwayCap ENOR 2.1 27.98 –0.04 .3083 VanEckMdyIGCpBd MIG 2.2 24.55 +0.05 .0447 FT RiverFrDynEur RFEU 2.0 70.55 +2.56 .0793 iShAsia50ETF AIA 1.0 92.89 –0.68 .7062
CambriaFgnShare FYLD 3.0 27.68 +0.33 .1331 InnovS&P500PwrMay PMAY ... 28.86 +0.01 ... iShMSCI UK SC EWUS 1.8 46.86 +0.56 .4099 VanEckMornDur DURA 3.1 30.28 +0.30 .2344 FT S&PIntDivArist FID 3.4 17.89 +0.27 .0231 iSh3-7YTreasuryBd IEI .9 130.16 +0.20 .0783
CambriaGlbAssetAll GAA 2.3 31.18 +0.19 .0691 InnovS&P500PwrO POCT ... 28.74 +0.17 ... iShMSCIEAFEValue EFV 2.2 51.89 +0.54 .6378 VanEckMornGlb GOAT 1.1 38.07 +0.81 1.0288 FT SMID CapRising SDVY 1.1 29.14 +0.34 .0412 iShBrdUSDInvCpBd USIG 2.8 59.34 +0.10 .12
CambriaGlbMomentum GMOM 1.1 29.22 +0.29 .0153 InnovS&P500Sep PSEP ... 29.05 +0.16 ... iShMornMultiAsst IYLD 3.9 23.57 –0.02 .1237 VanEckMornIntlMoat MOTI 2.0 36.07 +0.11 .72 FT SSI Strat FCVT .9 51.68 +0.78 .04 iShCoreMSCITotInt IXUS 1.7 71.86 +0.66 .7066
CambriaGlbRlEst BLDG 2.6 30.69 +0.19 .2344 InnovS&P500UltA UAPR ... 25.36 +0.16 ... iShNorthAmNatRscs IGE 3.4 27.74 –0.51 .2353 VanEckMornWideMoat MOAT 1.3 71.22 +1.34 .9021 FT SrLoanFd FTSL 3.3 48.04 +0.11 .119 iShCore1-5YUSDBd ISTB 2.0 51.29 +0.04 .0745
CambriaGlbTail FAIL .6 23.58 –0.91 .0672 InnovS&P500UltAug UAUG ... 28.39 +0.12 ... iShRussell2500 SMMD 1.0 64.11 +0.27 .1572 VanEckMuni MAAX 2.2 24.74 +0.08 .0454 FT SC CoreAlpha FYX .5 91.61 –0.21 .1024 iShCoreS&PUSGrowth IUSG .8 95.78 +3.61 .1617
CambriaGlbValue GVAL 1.7 22.66 +0.30 .0168 InnovS&P500UltDec UDEC ... 29.18 +0.17 ... iShIntlPfdStock IPFF 2.8 16.56 +0.11 .0391 VanEckRussia RSX 3.2 25.00 –0.60 .7988 FT SC GrwthAlpha FYC .1 70.32 –0.58 .0606 iShCoreS&PUSValue IUSV 2.0 70.23 +0.82 .3467
CambriaMarijuana TOKE 2.7 20.05 –0.66 .0882 InnovS&P500UltFeb UFEB ... 27.10 +0.14 ... iShShortMaturityBd NEAR .9 50.16 ... .0356 VanEckRussiaSC RSXJ 4.4 35.81 –0.48 1.5849 FT SC US Equity RNSC 1.1 28.59 –0.01 .1536 iShCoreTotalUSDBd IUSB 2.3 52.91 +0.08 .0783
CambriaShareholder SYLD 1.3 60.98 +0.20 .1278 InnovS&P500UltJan UJAN ... 30.74 +0.25 ... iShShrtMatMuniBd MEAR .7 50.24 ... .0169 VanEckShHYMuni SHYD 2.8 25.04 +0.07 .0586 FT SC Value FYT 1.0 50.81 ... .1157 iShCurrHdMSCIGrmny HEWG 2.2 32.64 +0.27 .3777
CambriaTailRiskETF TAIL .2 18.67 –0.11 .0078 InnovS&P500UltrJul UJUL ... 26.85 +0.08 ... iShCohen&StrsREIT ICF 2.1 59.01 +0.23 .2838 VanEckVietnam VNM .4 18.60 +0.05 .07 FT StratIncm FDIV 4.1 49.59 +0.30 .175 iShSelectDividend DVY 3.1 115.63 +0.80 .961
CambriaTrinity TRTY 1.6 27.12 +0.42 .045 iSh25+YTrStrip GOVZ 1.9 19.52 –0.01 .0308 VangdESGIntlStk VSGX .9 62.76 +0.59 .134 iShESGAdvHYCorpBd HYXF 4.4 52.08 +0.10 .1748
CambriaValue VAMO .9 23.39 –0.47 .0206 InnovS&P500UltJun UJUN ... 28.37 –0.02 ... FT SwitzAlpha FSZ 1.4 64.80 +1.48 .1533
InnovS&P500Ultra UMAR ... 28.68 +0.10 ... iShUS Div&Buyback DIVB 1.7 37.99 +0.74 .1622 VangdESGUSCpBd VCEB 1.6 72.89 +0.08 .0975 FT TCW Opp FIXD 2.1 53.09 +0.16 .08 iShESGAdvMSCI DMXF .6 66.93 +1.04 .1972
ClearFocVal CFCV 1.3 33.86 +0.54 .076 iShUSInfr IFRA 1.2 34.89 +0.04 .1045 VangdESGUSStk ESGV .8 76.77 +2.06 .1559 iShESGAdvMSCIEM EMXF .8 43.94 –0.26 .1734
CornerCapFundLC FUNL .4 32.63 +0.32 .1274 InnovS&P500UltMay UMAY ... 27.62 +0.01 ... FT TacticalHY HYLS 5.2 48.80 +0.02 .223
InnovS&P500UltN UNOV ... 28.92 +0.18 ... iShUSSCValue SVAL .9 31.16 +0.18 .0704 VangdUSLiquid VFLQ 1.0 107.85 +1.01 .2799 FT TotalUSMkt TUSA .9 46.76 +0.70 .0817 iShESGAdvUSA USXF .9 34.46 +0.89 .0674
DavisFinl DFNL 1.2 28.94 +0.52 .347 iShUSTreasuryBdETF GOVT .9 26.28 +0.03 .0192 VangdUSMinVol VFMV .5 95.36 +1.02 .1234 iShESGAwareMSCI ESGD 1.5 78.00 +1.18 .6075
DavisSelectIntlETF DINT .3 24.42 +0.04 .064 InnovS&P500UltO UOCT ... 27.46 +0.13 ... FT USEquityDiv RNDV 2.2 28.66 +0.33 .1005
InnovS&P500UltSep USEP ... 27.79 +0.12 ... JPMBetaCanada BBCA 1.4 30.32 +0.33 .2123 VangdUSMom VFMO .3 126.93 +1.14 .1097 FT UK Alpha FKU 1.2 42.77 +0.46 .2345 iShESGAwareEM ESGE 1.3 43.46 –0.26 .339
DavisUSEquity DUSA .4 34.34 +0.84 .149 JPMBetaDevAsia BBAX 3.1 29.08 +0.35 .4483 VangdUSMultifact VFMF 1.0 99.07 +1.12 .25 iShESGAwareUSA ESGU 1.2 94.45 +2.50 .2721
DavisWorldwide DWLD .2 34.90 +0.51 .075 InnovS&PHiQualPfd EPRF 5.0 24.41 +0.14 .10 FlexShCredScoreUS SKOR 2.1 53.65 +0.15 .0781
InnovTripleStkJan TSJA ... 27.52 +0.39 ... JPMBetaEurope BBEU 1.7 28.25 +0.50 .2362 VangdUSQual VFQY .9 115.12 +1.80 .2623 FlexShRealAsset ASET 2.0 32.12 +0.54 .114 iShESG1-5YCpBd SUSB 1.6 25.99 +0.04 .0249
Emles@Home LIV ... 26.77 +0.76 ...
InnovTripleStkOct TSOC ... 29.68 +0.25 ... JPMBetaIntl BBIN 1.4 59.01 +0.81 .204 VangdUSValue VFVA 1.4 95.95 +0.50 .3389 GlbXAgingPop AGNG .4 28.08 +0.25 .055 iShESGUSDCorpBd SUSC 2.1 27.09 +0.04 .0447
EmlesFedContr FEDX 2.2 28.96 +0.40 .2384 JPMBetaJapan BBJP 1.1 28.93 +0.22 .629 VangdUltShrtBd VUSB ... 50.07 ... ... iShESGEMLdrs LDEM 1.8 63.18 –0.59 .7816
EmlesLuxuryGds LUXE .0 29.42 +0.84 .001 Innov20+YTrBd5Jl TFJL ... 23.59 +0.02 ... GlbXAI&Tech AIQ .5 29.85 +0.82 .0548
Innov20+YTrB9BfJul TBJL ... 22.86 +0.06 ... JPMBetaUSREIT BBRE .8 87.96 +0.27 .1713 VirtusWMCIntlDiv VWID 3.5 29.19 +0.41 .1599 GlbXAuto&Elc DRIV .3 27.38 +0.38 .0202 iShESGIUSALdrs SUSL 1.3 71.75 +1.70 .2312
EmlesMadeinAmer AMER 1.4 31.11 +0.31 .1269
InnovUSEqAcc9BfApr XBAP ... 25.87 +0.33 ... JPM Beta1-5Y BBSA 1.5 25.91 +0.03 .0472 WisdTrYdEnhUSST SHAG .8 51.04 +0.05 .035 GlbXCannabis POTX 3.5 15.40 –0.65 .1453 iShExponentialTech XT .7 61.32 +1.03 .0108
EmlesProAlloc DEFN .8 23.98 +0.21 .0656 JPMBetaUSEquity BBUS 1.0 75.57 +2.05 .1808 WisdomDynCurrIntl DDWM .8 30.22 +0.24 .0618 iShFallAngelsUSDBd FALN 4.9 29.30 +0.09 .0891
InnovUSEqAccApr XDAP ... 26.07 +0.45 ... GlbXCnBiotech CHB ... 16.42 –0.05 ...
EmlesRealEstCrd REC 2.3 24.65 +0.08 .1002
InnovUSEqAccQ XDSQ ... 26.09 +0.45 ... JPMCorePlusBd JCPB 1.8 54.16 +0.20 .0756 WisdomDynCurrIntSC DDLS .2 34.31 +0.32 .0142 GlbXChinaInnov KEJI ... 20.13 –0.42 ... iSh5-10YIGCorpBd IGIB 2.6 59.48 +0.21 .1131
EsotericaNextG WUGI ... 53.36 +1.16 ...
InnovUSEqAccPlApr XTAP ... 26.14 +0.44 ... JPMorganDisciplHY JPHY 4.3 51.80 +0.16 .1814 WT EM ESG Fd RESE 1.8 38.01 ... .0911 GlbXCleanTech CTEC .0 21.17 –0.99 .0038 iShGNMABondETF GNMA 1.8 50.30 +0.01 .078
EuclidCapGrwth EUCG ... 27.73 +0.20 ... JPM EM Equity JEMA ... 48.72 –0.35 ... WisdomTreeCpBdFd WFIG 2.3 52.89 +0.07 .10 iShGSCICmDynRoll COMT .3 30.25 –0.12 .0963
FTCboeVestBf BUFR ... 22.46 +0.26 ... InvscBalMulti PSMB 2.0 16.13 +0.15 .0474 JPM IntlBdOpps JPIB 2.8 51.39 +0.13 .1002 WisdomTreeUSHYCpBd WFHY 4.1 52.23 +0.13 .18 GlbXCloudComp CLOU ... 26.82 +0.36 ... iShGlbCleanEnergy ICLN .4 23.47 –0.71 .03
FTCboeVestFdDpBf BUFD ... 20.54 +0.14 ... InvscConsrvMulti PSMC 2.4 13.58 +0.09 .0454 JPM Municipal JMUB 1.8 54.75 +0.24 .0758 WisdTrUSSTCpBd SFIG 1.3 51.40 +0.09 .055 GlbXConsciousCos KRMA .9 30.11 +0.68 .1602 iShGlbGreenBd BGRN 1.1 54.78 –0.03 .1604
FTCboeVestGold BGLD ... 19.18 +0.09 ... InvscFocDiscGrw IVDG ... 12.41 +0.38 ... JPM UltShtIncm JPST .7 50.72 –0.01 .0303 WisdTrUSSTHY SFHY 3.8 49.70 +0.04 .157 GlbX Cybersec BUG .4 26.15 +0.62 .0004 iShGlbTimber WOOD .9 90.54 +3.56 .31
FTCboeVestGold IGLD 2.9 20.18 +0.06 .0489 InvscGrwMultAll PSMG 1.9 17.67 +0.20 .0496 JPMUltShMuni JMST .3 51.05 +0.02 .0109 WisdTrIntlESGFd RESD 2.0 30.35 +0.48 .06 GlbXDAXGermany DAX 2.1 33.53 +0.60 .40 iShiBdsDec30Trea IBTK .7 22.87 –0.08 .0144
FTCboeVestGr100Dec QDEC ... 21.09 +0.33 ... InvscIntlDevDyn IMFL ... 26.52 +0.37 ... LHAMktStAlpha MSVX 1.7 26.37 +0.28 .4594 WisdTrIntlQualDiv IQDG 2.1 38.24 +0.78 .3212 GlbXDataCtr VPN .6 15.88 +0.01 .0462 iShiBdsDec28Trea IBTI .7 25.19 +0.07 .0147
FTCboeVestGr100Mar QMAR ... 20.91 +0.45 ... InvscModConserv PSMM 2.6 15.08 +0.11 .0444 LHA MktStTact MSTB 1.6 29.87 +0.80 .4802 WisdTrUSMulti USMF 1.0 38.79 +0.55 .1345 GlbXecomm EBIZ .4 35.04 –0.14 .1331 iShiBdsDec25Trea IBTF .7 25.67 +0.04 .0104
FTCboeVestIntlDec YDEC ... 21.10 +0.20 ... InvscPureDevxNA PBDM 1.5 28.91 +0.63 .1604 LeggMasonIntLowVol LVHI 3.6 25.46 +0.01 .2312 XtrkBBUSIGCpESG ESCR 2.5 21.78 +0.04 .0442 GlbXEdu EDUT ... 16.86 +0.05 ... iShiBdsDec24Trea IBTE .6 25.72 ... .0116
FTCboeVestIntlMar YMAR ... 20.42 +0.19 ... InvscPureFTSEEM PBEE 1.6 29.30 –0.29 .0904 MainSectorRot SECT 1.2 39.35 +0.52 .0961 XtrkrsEurozone EURZ 2.6 26.43 +0.40 .2604 GlbX EM Internet EWEB ... 15.95 –0.27 ... iShiBdsDec29Trea IBTJ .8 24.90 +0.05 .0178
FTCboeS&P500Div KNG 3.3 51.81 +0.69 .4804 InvscPureMSCIUSA PBUS 1.2 41.88 +1.10 .1274 MainThemInnov TMAT ... 23.83 –0.04 ... XtrkJPMEMSvn ESEB 3.7 21.30 +0.01 .0627 GlbXFinTech FINX ... 47.42 +2.06 ... iShiBdsDec21Trea IBTA .2 25.36 ... .0013
FTCboeUSBuffJul FJUL ... 34.22 +0.14 ... InvscPrMSCIUSASC PBSM .9 38.46 +0.17 .1038 Mairs&PwrMnMun MINN ... 25.11 +0.04 ... XtrkJPMESGUSDHY ESHY 5.9 21.16 +0.07 .0995 GlbXGen&Biotech GNOM .0 22.02 –0.63 .0324 iShiBdsDec27Trea IBTH .6 25.27 +0.07 .0121
FTCboeUSBuffAug FAUG ... 36.28 +0.22 ... InvscPureUSAggBd PBND 2.4 25.73 +0.05 .0451 Merlyn.AIBest BOB ... 25.62 +0.54 ... GlbX Health BFIT .5 27.36 +0.64 .0979 iShiBdsDec26Trea IBTG .7 25.54 +0.06 .0134
InvscPure0-5YTIPS PBTP 1.2 26.23 +0.03 .2316 GlbXInternetThings SNSR .2 34.55 +0.67 .0642
FTCboeUSBuffDec FDEC ...
FTCboeUSBuffFeb FFEB ...
32.42
35.28
+0.38
+0.59
...
... InvscRealAssets IVRA
InvscRuss1000Dyn OMFL
6.2
1.3
13.26
45.50
+0.10
+0.85
.0246
.1248
MerlynAISectSurf DUDE
MonarchAmbIncm MAMB
...
...
27.07
25.14
+0.03
+0.11
...
... NASDAQ GlbXMSCISuperDiv EFAS 3.9
GlbXMillCnsmr MILN .2
15.87
42.46
+0.10
+1.66
.0585
.0572
iShiBdsDec23Trea IBTD
iShiBdsDec22Trea IBTB
.5
.6
25.66
25.42
...
...
.0044
.001
FTCboeUSBuffJan FJAN ... 31.96 +0.42 ... MonarchBlueChip MBCC ... 26.35 +0.93 ... iShIndia50ETF INDY .1 44.18 –1.10 .0328
FTCboeUSBuffJun FJUN ... 35.16 +0.15 ... InvscRs1000EnhEW USEQ 2.5 35.00 +0.46 .1955 MonarchProCap MPRO ... 25.71 +0.26 ... AlpsActiveReit REIT 1.6 26.83 +1.24 .1082 GlbXNasd100Cv QYLD 11.4 22.83 +0.13 .2239 iShIntlDevRealEst IFGL 2.0 28.29 +0.48 .1985
FTCboeUSBuffMar FMAR ... 30.80 +0.54 ... InvscRuss2000Dyn OMFS .8 39.82 –0.23 .0695 MotleyFool100 TMFC ... 37.71 +1.57 ... AdvShDWAlphaEW DWEQ .0 27.53 +0.08 .0053 GlXNasd100CCGrw QYLG 5.7 30.85 +0.70 .1465 iShIntlTreasuryBd IGOV ... 52.64 +0.44 ...
FTCboeUSBuffMay FMAY ... 35.27 +0.03 ... InvscS&P500MinVar SPMV 1.7 35.95 +0.73 .195 MotleyFoolSCGrw MFMS ... 38.27 –0.21 ... AdvShDW FSM AC DWAW .0 37.69 +0.43 .0602 GlbXRenewEner RNRG .9 15.96 –0.14 .1031 iShJPMUSDEmgBd EMB 3.9 109.58 +0.19 .348
FTCboeUSBuffNov FNOV ... 36.96 +0.27 ... InvscS&PIntlDev IDHD 3.9 27.06 +0.29 .2979 NuvESGEMEquity NUEM ... 35.21 –0.13 ... AdvShDW FSM US DWUS .1 36.42 +1.41 .0679 GlbX Robotics&AI BOTZ .2 34.71 +0.66 .0636 iShMBSETF MBB 2.0 108.38 +0.19 .1876
FTCboeUSBuffOct FOCT ... 33.21 +0.25 ... InvscS&PSCHiDiv XSHD 4.2 23.12 –0.01 .069 NuvESGIntlDev NUDM ... 30.99 +0.38 ... AdvShDorseyMc DWMC ... 35.75 +0.80 ... GlbXS&PCathDvxUS CEFA 1.6 31.58 +0.39 .2562 iShMSCI ACWI ACWI 1.3 98.23 +1.84 .6859
FTCboeUSBuffSep FSEP ... 33.60 +0.25 ... InvscS&PSCQuality XSHQ .9 37.26 –0.01 .0566 NuvESG LC NULC 1.2 38.55 +0.81 1.42 AdvShDorseyShrt DWSH ... 9.22 +0.03 ... GlbXS&P500Catholic CATH 1.1 51.40 +1.59 .3287 iShMSCIACWIxUS ACWX 1.8 56.39 +0.47 .4912
FTCboeUSDeepAug DAUG ... 33.96 +0.11 ... InvscSelectGrw IVSG ... 12.94 +0.34 ... NuvESGLCGrowth NULG .2 60.87 +1.90 1.5115 AlphaMarkActiveMgd SMCP .5 30.23 +0.29 .1452 GlbXSocialMedia SOCL ... 70.12 +1.71 ... iShMSCIACxJpn AAXJ 1.0 93.25 –0.46 .6843
FTCboeUSDeepDec DDEC ... 31.52 +0.24 ... InvscUSLCCoreESG IVLC 1.1 13.22 +0.35 .038 NuvESGLCValue NULV 1.3 36.89 +0.42 .468 ArrowCntryRotat DWCR .5 34.34 +0.51 .0484 GlbXSuperDividAlt ALTY 7.8 12.91 +0.12 .0706 iShMSCIBrazilSC EWZS 1.2 16.19 +0.93 .0358
FTCboeUSDeepFeb DFEB ... 33.68 +0.30 ... iPathS&P500DynVIX XVZ ... 38.66 +0.13 ... NuvESGMCGrowth NUMG .0 52.65 +1.58 .3748 ArrowInvDWATact DWAT ... 12.86 +0.27 ... GlbXSuperDivdREIT SRET 7.0 9.71 +0.03 .05 iShMSCIChina MCHI 1.0 81.38 –1.54 .6037
FTCboeUSDeepJan DJAN ... 31.11 +0.21 ... iPathS&PMLPETN IMLP 7.3 11.48 +0.09 .2091 NuvESGMCValue NUMV 1.2 35.06 +0.29 .4164 ClearBr AC Grw CACG .0 47.46 +1.15 .2087 GlbXTelemed EDOC .0 19.66 +0.09 .0064 iShMSCI EAFE SC SCZ 1.4 74.28 +1.28 .023
FTCboeUSDeepJul DJUL ... 32.38 +0.16 ... iPathBS&P500VIXMid VXZ ... 27.94 –0.74 ... NuvESGSC NUSC .5 43.65 –0.02 .1991 ClearBrDivStrat YLDE 1.2 38.59 +0.97 .067 GlbX ThemGrwth GXTG .4 49.42 +0.51 .1874 iShMSCI EM Asia EEMA 1.1 90.71 –0.43 .7661
FTCboeUSDeepJun DJUN ... 33.07 +0.06 ... iPathS&P500VIX VXX ... 10.31 –0.74 ... NuvShTermREIT NURE 2.8 30.70 +0.16 .1507 ClearBrLCGrw LRGE .0 52.71 +1.58 .1849 GlbXVideoGames HERO .7 32.81 +0.69 .2069 iShMSCIEMxChina EMXC 1.4 59.90 +0.09 .5838
FTCboeUSDeepMar DMAR ... 30.46 +0.30 ... iPath5-YearBear DFVS ... 16.99 –0.34 ... OShEurQualDiv OEUR .9 26.48 +0.76 .0202 CSX-LinksCrudeOil USOI 39.4 4.73 –0.12 .0896 HighlandSrLoan SNLN 2.5 16.20 +0.05 .027 iShMSCIEuropeFinls EUFN 1.2 19.74 +0.25 .0711
FTCboeUSDeepMay DMAY ... 33.15 +0.02 ... iPathUSTrea5YrBull DFVL ... 80.92 +0.33 ... OShGlbInternet OGIG ... 54.98 +1.38 ... CSXLGoldCvETN GLDI 17.0 8.88 +0.07 .1389 IQChaikinUSLC CLRG 1.3 31.69 +0.41 .1065 iShMSCIEuropeSmCp IEUS 1.1 68.27 +1.38 .367
FTCboeUSDeepNov DNOV ... 34.29 +0.12 ... iShAdCurrHdgMSCI DEFA 2.0 32.34 +0.34 .3567 OShUSQualDiv OUSA 2.0 40.85 +0.81 .0665 CSX SilverETN SLVO 35.7 6.32 +0.11 .188 IQ Chaikin US SC CSML 1.0 34.88 –0.09 .0746 iShMSCIGlblGoldMin RING .8 28.98 +0.68 .1443
FTCboeUSDeepOct DOCT ... 31.81 +0.15 ... iShIntmGovt/CredBd GVI 1.5 115.36 +0.28 .1452 OShUSSCQualDiv OUSM 1.6 34.80 +0.36 .0401 DefNasdJrBio IBBJ .0 31.78 –1.67 .2998 InvscActMgdETC PDBC .0 17.44 –0.09 .0013 iShMSCIGlbImpact SDG .9 96.02 +0.73 .4078
FTCboeUSDeepSep DSEP ... 31.92 +0.12 ... iShBrdUSDHYCpBd USHY 5.2 41.21 +0.11 .18 OpusSCValue OSCV .7 32.83 +0.30 .0519 DemLCCore DEMZ .2 25.36 +0.53 .0616 InvscBldrSEM50ADR ADRE 1.0 56.39 –0.55 .0529 iShMSCIJapanEW EWJE 1.2 40.45 +0.23 .2222
FidelityBlueChipGr FBCG .0 30.88 +1.05 .002 iShConvBond ICVT .7 101.15 +1.57 .0575 PacerBioThreat VIRS .8 29.75 +0.62 .0594 FidelityNasdaq ONEQ .6 53.97 +1.68 .062 InvscBS2030CorpBd BSCU 2.0 19.22 +0.05 .0319 iShMSCIJapanVal EWJV 1.8 28.15 +0.08 .2295
FidelityBlueChipV FBCV .6 27.37 +0.49 .065 iShCoreMSCIEAFE IEFA 1.8 74.20 +1.09 .6123 PacerIntCashCow100 ICOW .3 31.72 +0.27 .0212 FT AltAbsRet FAAR 2.9 29.01 –0.06 .8214 InvscBS2030MuniBd BSMU 1.7 25.30 +0.24 .0384 iShMSCINewZealand ENZL 1.8 63.09 +0.74 .7631
FidelityGrwOpps FGRO ... 20.04 +0.65 ... iShCurrHdgMSCIEAFE HEFA 1.9 33.56 +0.25 .2631 PacerGlCashCows GCOW 3.2 31.02 +0.17 .2462 FT APxJapan FPA 1.5 34.85 +0.69 .2117 InvscBull2028CpBd BSCS 2.5 22.72 +0.06 .044 iShMSCIQatar QAT 2.6 18.97 –0.11 .4861
FidelityLowDurBd FLDR .8 50.72 –0.02 .019 iShCurrHdgMSCIEM HEEM 1.4 32.36 –0.25 .313 PacerSaltHitruUS SLT 1.6 42.03 +0.90 .0435 FT BICK BICK .4 37.94 +0.11 .1165 InvscBull2025CpBd BSCP 2.2 22.24 +0.07 .0342 iShMSCITurkeyETF TUR 1.0 23.30 –0.48 .0776
FidelityMagellan FMAG .1 21.09 +0.74 .004 iShIntlSelDividend IDV 5.8 32.01 +0.34 .4613 PacerSaltLowUS LSLT 3.7 29.98 +0.27 .281 FT BrazilAlpha FBZ 1.9 12.63 +0.51 .0695 InvsBull25HYCpBd BSJP 4.8 24.63 +0.02 .0922 iShMSCIUAE UAE 4.2 13.25 –0.25 .0076
FidelityNewMill FMIL 1.1 28.16 +0.36 .088 iShTransportAvg IYT 1.0 262.33 +2.90 .6696 PacerSwanSOSCon PSCX ... 21.57 +0.28 ... FT BuyWrite FTHI 4.5 21.18 –0.05 .08 InvscBull2024CpBd BSCO 2.3 22.21 +0.03 .0372 iShMornMCValue IMCV 1.9 187.05 +0.65 .3095
FidelityRealEst FPRO 2.0 21.39 +0.12 .108 iShU.S.Industrials IYJ .8 109.03 +2.53 .1918 PacerSwanSOSFlex PSFD ... 22.39 +0.36 ... FT CEFIncmOpp FCEF 4.6 24.37 +0.33 .09 InvsBull24HYCpBd BSJO 4.4 25.07 +0.03 .09 iShNasdaqBiotech IBB .3 148.73 –2.79 .1311
FidelityS-MCOpps FSMO .2 22.47 +0.36 .01 iShUSAerospace&Def ITA 1.2 105.79 +1.35 .3154 PacerSwanSOSFd PSFF ... 21.51 +0.22 ... FT CA MuniHi FCAL 2.1 54.18 +0.18 .095 InvscBull2021CpBd BSCL 1.9 21.13 ... .0228 iSh1-5YIGCorpBd IGSB 2.2 54.68 +0.08 .0801
FidelityStkInfl FCPI 3.0 28.18 +0.33 .079 iShUSHomeConstrn ITB .4 71.21 +1.85 .0777 PacerSwanSOSMod PSMD ... 21.86 +0.20 ... FT CapStrength FTCS 1.0 72.46 +1.31 .241 InvsBull21HYCpBd BSJL 3.6 23.07 +0.01 .0581 iSh13YearIntlTBd ISHG ... 82.70 +0.75 ...
FidelityTargEM FDEM 1.7 27.76 –0.01 .088 iShUSOil&GasExpln IEO 2.2 47.75 –2.94 .2601 PacerSOSConsApr PSCW ... 20.92 +0.22 ... FT ChinaAlphaDEX FCA 4.0 30.24 +0.56 .0382 InvscBull2027CpBd BSCR 2.4 21.74 +0.07 .0396 iShPHLXSemicond SOXX .7 446.80 +7.22 .7557
FidelityTargIntl FDEV 1.9 28.61 +0.46 .158 iShUSTelecomm IYZ 3.0 32.80 +0.18 .2471 PacerSOSFlexApr PSFM ... 21.13 +0.37 ... FT CloudComp SKYY .2 100.57 +2.30 .058 InvscBull2026CpBd BSCQ 2.3 21.40 +0.07 .0363 iShPfd&Incm PFF 4.7 38.67 +0.27 .1515
FTLuntUSFactor FCTR .5 33.72 +0.17 .0673 iShESGAwareAgg EAOA 1.2 32.42 +0.44 .0561 PacerSOSModApr PSMR ... 21.03 +0.31 ... FT DevIntlEquity RNDM 1.1 54.63 +0.63 .0988 InvsBull26HYCpBd BSJQ 4.5 25.67 +0.04 .0939 iShRuss1000PureUS AMCA 1.9 35.41 +0.78 .1753
FlexShCredScUSLg LKOR 3.2 58.10 +0.21 .1589 iShESGAwareCon EAOK 1.5 27.25 +0.16 .033 PacerTrendEurIndex PTEU ... 23.92 +0.38 ... FT DevMkts FDT 2.2 61.73 +0.78 .2339 InvscBull2023CpBd BSCN 2.2 21.78 +0.03 .0325 iShS&PSC600Growth IJT .6 129.79 –0.65 .1598
FlexMrnUSMktFtrTlt TILT 1.3 164.35 +3.05 .3792 iShESGAwareGrw EAOR 1.2 30.29 +0.30 .0617 PacerTrendpilot450 PTMC .5 35.20 +0.17 .1712 FT DevMktsXUS FDTS 1.8 46.49 +0.82 .3065 InvsBull23HYCpBd BSJN 4.4 25.40 +0.06 .0847 iShS&P EM Infra EMIF 2.5 24.70 +0.05 .3221
FlexSTOXXGlbESGImp ESGG 1.2 135.62 +3.40 .3176 iShESGAwareMod EAOM 1.2 28.25 +0.19 .064 PacerTrendpilot100 PTNQ .2 53.94 +1.09 .0831 FT DorseyDyn5 FVC .2 35.52 +0.72 .0607 InvscBull2022CpBd BSCM 2.1 21.66 +0.01 .0317 iShGlobalInfra IGF 2.2 45.91 +0.56 .5794
FlexSTOXXUSESGImp ESG 1.1 101.18 +2.80 .2394 iShESGMSCIUSASC ESML .9 39.22 +0.10 .0926 PacerTrendpilot750 PTLC 1.0 36.06 +0.95 .3523 FT DorseyFoc5 FV ... 46.28 +0.89 ... InvsBull22HYCpBd BSJM 4.0 23.38 ... .075 iShShortTreaBd SHV .2 110.53 +0.02 .1554
FlexShUSQualLC QLC 1.2 45.15 +1.20 .1049 iShESGScrS&P500 XVV .6 31.61 +0.96 .0468 PacerUSCashCows100 COWZ 1.2 41.60 +0.69 .1263 FT DorseyIntl5 IFV 1.3 23.45 +0.08 .1087 InvscBS2028HY BSJS 4.6 25.49 +0.12 .1016 iSh1-3YTreasuryBd SHY .6 86.24 +0.01 .0193
FormulaHdgGrwth FFHG .0 34.65 +0.47 .0734 iShESGScrS&PMC XJH .8 36.82 +0.35 .0705 PacerUSSCCash100 CALF .1 41.46 +0.06 .01 FT DW Momentum DDIV 2.1 29.90 +0.29 .059 InvscBS2028MuniBd BSMS 1.7 26.03 +0.18 .034 iSh7-10YTreasuryBd IEF .9 113.61 +0.25 .0697
FormulaFolIncm FFTI 2.7 24.00 +0.07 .0548 iShESGScrS&PSC XJR .7 39.28 –0.16 .064 PacerWealthShield PWS .7 31.44 ... .0535 FT DW Mom&Low DVOL .4 25.68 +0.64 .0107 InvscBS2025MuniBd BSMP 1.2 25.90 +0.06 .0171 iSh20+YTreasuryBd TLT 1.6 137.51 ... .1851
FormulaFolSmartGrw FFSG .0 34.82 +0.36 .2996 iShEdgeHYDefBd HYDB 4.8 51.48 +0.18 .2045 PointBridgeGOP MAGA 2.2 34.98 +0.27 .7667 FT DW Mom DVLU .8 22.96 +0.37 .0297 InvscBS2024MuniBd BSMO 1.0 25.75 +0.02 .0138 iSh0-5YInvGrdCpBd SLQD 2.1 51.79 +0.08 .0698
FormulaFolTactGrw FFTG .0 29.61 +0.54 .2199 iShEdgeInvGrEnhBd IGEB 2.7 53.06 +0.13 .1211 PremiseCapDivTact TCTL 1.0 31.99 +0.58 .3151 FT DorseyWright DWPP .3 30.72 +0.61 .0676 InvscBS2024USDEM BSDE 3.4 26.17 +0.03 .064 JanusSCGrwAlpha JSML .4 68.82 +0.05 .0644
FrankDisrComm BUYZ ... 52.17 +1.39 ... iShEdgeMSCIMinEAFE EFAV 1.3 74.30 +0.82 .9773 ProShGlbListedPrv PEX 7.4 36.65 +0.95 .6751 FTDorseyDALI1 DALI 1.0 24.56 +0.47 .0056 InvscBull2029CpBd BSCT 2.2 20.84 +0.07 .0339 JanusS/MC GrwAlph JSMD .1 68.77 +0.84 .0233
FrankExpData XDAT ... 24.93 +1.01 ... iShEdgeMSCIMinVlEM EEMV 2.4 63.18 –0.16 .9422 ProShHY IntRt HYHG 4.5 63.14 +0.10 .237 FT DJ IntlInt FDNI .2 46.42 –0.10 .0744 InvscBS2029MuniBd BSMT 1.7 25.87 +0.13 .0289 LeggMasonGlbInfr INFR 1.7 31.03 –0.06 .145
FrankGenAdv HELX .0 43.78 –0.08 .0518 iShEdgeMSCIMinVol ACWV 1.7 99.91 +0.69 .791 ProShInvGrdIntRt IGHG 2.4 76.54 ... .1522 FT MultAsstDiv MDIV 4.9 16.39 +0.07 .0466 InvscBS2021MuniBd BSML .6 25.32 ... .009 LeggMasonLVHD LVHD .8 35.26 +0.17 .067
FrankIntMach IQM .0 45.26 +1.11 .0043 iShEdgeMSCIMinUSA USMV 1.5 70.77 +1.05 .2737 ProShK1FreeCrude OILK ... 53.11 –1.65 ... FT NasdTechDiv TDIV 1.7 56.10 +1.36 .1631 InvscBS2021USDEM BSAE 3.5 25.08 –0.06 .0542 LeggMasonSCQualVal SQLV .3 36.26 –0.03 .0256
FrankHYCorp FLHY 5.6 26.38 +0.07 .1043 iShMSCIMinVolUSASC SMMV .9 37.45 +0.09 .0848 ProShLCCorePlus CSM .9 94.96 +2.69 .2117 FT EM Alphadex FEM 2.5 27.05 +0.30 .0305 InvscBS27HYCpBd BSJR 4.5 25.48 +0.09 .0906 LoncarCancerETF CNCR 1.0 28.70 –1.25 .2881
FrankIntlAggBd FLIA .5 25.04 –0.04 .0214 iShEdgeMSCIUSAMom MTUM .2 170.37 +6.96 .092 ProShDivGrowers EFAD .2 44.92 +0.81 .0266 FT EM EquitySel RNEM 2.8 49.13 –0.53 .3285 InvscBS2027MuniBd BSMR 1.3 25.69 +0.12 .0222 LoncarChinaBio CHNA .4 37.26 +0.08 .1546
FrankSrLoan FLBL 2.8 25.01 +0.23 .0524 iShEdgeMSCIUSAQual QUAL 1.7 126.04 +2.95 .5399 ProShMSCIEMDiv EMDV .0 60.14 –0.09 .0034 FT EM LocalCurr FEMB 5.7 34.87 +0.36 .1604 InvscBS2026MuniBd BSMQ 1.5 25.83 +0.08 .027 LongTermCareETF OLD .4 32.24 +0.73 .0335
FranklinLib US FLQL 1.9 41.16 +0.71 .1307 iShEdgeMSCIUSAVal VLUE 1.8 105.00 +1.49 .4664 ProShMSCIEurDiv EUDV .2 48.81 +1.38 .0207 FT EM SC Alpha FEMS 2.7 44.05 +0.20 .5139 InvscBS2023MuniBd BSMN .8 25.64 +0.01 .0117 Merlyn.AITactGrw SNUG 1.2 27.56 +0.23 .1378
FranklinLibUS MC FLQM 1.0 42.13 +0.81 .0656 iShUSFixedIncmBal FIBR 2.4 100.06 +0.28 .1895 ProShMergerETF MRGR .9 40.02 –0.21 .0915 FT EnhShtMat FTSM .9 59.97 ... .025 InvscBS2023USDEM BSCE 3.6 26.22 +0.02 .0517 Nasdaq7HANDL HNDL 6.9 25.21 +0.27 .144
FranklinLibUS SC FLQS 1.0 37.42 +0.44 .0384 iShEmMkCorpBdFd CEMB 3.7 51.98 –0.02 .1483 ProShMornAltSoln ALTS 1.8 38.59 +0.05 .1715 FT EuropeAlpha FEP 2.1 42.13 +0.62 .1291 InvscBS2022MuniBd BSMM .7 25.47 +0.02 .0085 PacerCashCows HERD .8 33.34 +0.51 .0655
Freedom100EM FRDM 1.0 34.25 +0.37 .1316 iShEM HY Bd EMHY 5.6 44.78 +0.22 .2039 ProShPetCare PAWZ .1 73.64 +1.19 .0251 FTEurozoneAlpha FEUZ 1.4 45.54 +0.25 .2173 InvscBS2022USDEM BSBE 3.7 25.82 +0.02 .0466 PacerEMCashCows ECOW 1.3 25.64 +0.13 .0805
GlbX FdrRunCos BOSS 2.0 33.26 +0.79 .3365 iShEvolCnStpls IECS 2.5 32.01 +0.41 .2024 ProShRuss2000Div SMDV 1.4 65.90 +0.16 .2265 FT GerAlpha FGM 1.2 55.41 +0.57 .2873 InvscBuyBackAch PKW 1.2 86.36 +1.27 .2046 PrincipalHlthInnov BTEC .0 57.06 –1.25 .2154
GlbXRuss2000Cvr RYLD 10.4 24.60 +0.09 .2446 iShEvolUSDisc IEDI .8 43.67 +1.66 .0841 ProShRussUSDivGrw TMDV 2.1 46.39 +0.48 .2275 FT GlTactCommod FTGC ... 21.16 +0.23 ... InvscDWABasicMatl PYZ .8 82.54 –0.89 .0755 PrincipalIntMult PDEV 1.8 30.34 +0.11 .2121
GlbXTarget5 TFIV 4.9 23.83 –0.02 .10 iShEvolUSFin IEFN 2.1 30.26 +0.47 .1552 ProShS&P500Arist NOBL 1.7 87.44 +0.78 .376 FTHdgBuyWriteIncm FTLB 3.1 20.97 –0.02 .055 InvscDWAConsCyc PEZ .2 91.16 +2.51 .0839 PrincplMillennials GENY .6 63.68 +1.46 .019
GlbXTargetPlus2 TFLT 3.1 23.43 +0.05 .057 iShEvolUSHlthcr IEHS .6 39.40 +0.79 .0599 ProShS&PMC400 REGL 1.8 70.81 +0.55 .327 FT IPOXEurEq FPXE 1.2 29.24 +0.52 .2332 InvscDWACnsStpls PSL .7 93.31 –0.17 .1248 PrincipalQual PSET 1.0 50.32 +0.98 .1269
GlbXUSInfrDevt PAVE .4 25.35 +0.12 .0009 iShEvolUSInnHlthcr IEIH 1.3 31.99 –0.38 .1064 ProShS&PTechDiv TDV 1.0 58.57 +0.90 .1612 FT GlblAgri FTAG 1.4 30.44 +0.02 .1098 InvscDWADevMkt PIZ .2 35.84 +1.10 .0017 PrinUSMega USMC 1.5 38.09 +1.03 .1467
GSAccInflUSDBd GTIP 1.1 56.51 –0.09 .1152 iShEvoUSMedia IEME .4 37.56 +0.57 .0401 ProShShortUSDEmgBd EMSH 2.7 73.10 +0.12 .1622 FT GlbNatRscs FTRI 2.6 13.56 +0.10 .1416 InvscDWAEMMom PIE 1.2 24.53 +0.27 .0062 PrinUSSCMulti PSC 1.1 44.48 +0.26 .115
GSAccUltShBd GSST .8 50.73 –0.02 .0405 iShEvolUSTech IETC .5 51.94 +2.38 .0596 ProShShtVIXST SVXY ... 49.49 +1.37 ... FTIndiaNifty50EW NFTY .7 42.42 –0.59 .1364 InvscDWAEnerMom PXI .9 24.14 –1.92 .0019 PrincipalValue PY 2.6 41.13 +0.62 .1876
GS EW US LC Equity GSEW 1.2 64.04 +1.05 .1762 iShExpTechSftwr IGV .0 363.76 +14.20 .0695 ProShTrMgdFut FUT ... 41.08 –0.14 ... FTIndxxInnTran LEGR .9 41.25 +0.63 .0276 InvscDWAFinMom PFI 1.2 49.19 +0.40 .2146 ProcureSpace UFO 1.0 30.07 +1.17 .1628
GSMarketBetaEM GSEE 3.1 56.72 –0.40 .2646 iShMtgRealEstCap REM 6.6 35.58 –0.06 .5856 ProShUltVIXST UVXY ... 4.85 –0.54 ... FTIndxxNextG NXTG .9 74.83 +0.83 .2695 InvscDWAHlthcrMom PTH ... 155.99 –3.02 ... ProShEquRising EQRR 1.0 46.19 –0.08 .1189
GSMarketBetaInt GSID 1.8 55.73 +0.78 .2158 iShUSBlendStyle STLC 1.5 39.07 +1.30 .1433 ProShsVIXMTFut VIXM ... 33.36 –0.78 ... FTIntlDevCapStr FICS .0 32.78 +0.77 .0497 InvscDWAIndlsMom PRN .1 103.06 –0.21 .0079 ProShUltNdBio BIB ... 81.57 –3.20 ...
GSMarketBetaUS GSUS 1.3 57.31 +1.63 .1598 iShFctUSGrwStyle STLG .9 33.93 +1.11 .0734 ProShsVIXSTFut VIXY ... 8.45 –0.61 ... FTIntlEquOpps FPXI .2 67.55 +0.57 .0126 InvscDWAMom PDP .0 87.45 +1.09 .0237 ProShUltNasdCloud SKYU ... 41.55 +1.94 ...
HartfordCoreBd HCRB 1.2 40.67 +0.03 .0417 iShUSMidBlendStyle STMB 1.4 41.74 +0.67 .1412 RareviewDynFx RDFI 4.4 28.71 –0.04 .0974 FT JapanAlpha FJP .9 54.16 +0.31 .0109 InvscDWASCMom DWAS .1 86.07 –0.31 .0232 ProShUltNasdCyber UCYB ... 35.73 +1.66 ...
April 12, 2021 BARRON’S M21

Exchange-Traded Portfolios
Tick Div Tick Div Tick Div Tick Div Tick Div Tick Div
Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt.
ProShUltPrQQQ TQQQ .0 107.27 +11.37 .0001 AmplifyBlackSwan SWAN .1 32.86 +0.56 .0072 DirexS&PBiotechBl3 LABU ... 68.63 –12.51 ... FT MngstrDiv FDL 3.8 33.17 +0.31 .2372 GraniteBloomComm COMB .1 25.19 +0.08 .0163 InvscS&P500EWHC RYH .5 272.40 +4.37 .3254
ProShUltShtQQQ SQQQ ... 11.07 –1.37 ... AmplifyBlkIswn ISWN .1 24.64 +0.25 .0067 DirexS&P500Br1 SPDN ... 16.57 –0.47 ... FT Multi-MgrLG MMLG .3 25.47 +1.01 .0606 GraniteGold BAR ... 17.31 +0.13 ... InvscS&P500Ind RGI .8 181.51 +2.81 .3641
ProShUltShNdBtech BIS ... 22.99 +0.84 ... AmpCWPEnhDiv DIVO 4.8 35.12 +0.57 .157 DirexHiBetaBear3X HIBS ... 14.66 –0.25 ... FT NaturalGas FCG 2.5 12.49 –0.99 .0366 GraniteHIPSUSHiInc HIPS 8.7 14.77 +0.09 .1075 InvscS&P500EWMat RTM 1.4 157.98 +1.28 .6339
SimplifyNasd100Pl QQC .4 28.26 +1.29 .0171 AmplifyCrowdBur LEND ... 16.24 –0.02 ... DirexHiBetaBull3X HIBL .0 60.40 +0.82 .0064 FT NA Energy Infra EMLP 4.1 23.13 +0.20 .215 GranitePlatinum PLTM ... 11.88 –0.05 ... InvscS&P500RlEst EWRE 3.5 33.23 +0.37 .4935
SimplifyNasd100Dw QQD .3 27.58 +1.17 .0031 AmplifyHiIncm YYY 9.2 17.00 +0.21 .13 DirexS&POil&GasBr2 DRIP .0 12.16 +1.84 .0028 FT NYSE ArcaBiotch FBT ... 158.84 –4.12 ... GraniteXOUTUSLC XOUT .4 38.85 +1.52 .0392 InvscS&P500EWTech RYT 1.0 281.96 +6.21 .4654
SirenLCBlend SPQQ .9 30.48 +1.17 1.462 AmplifyOnlRetail XBUY ... 54.35 –0.13 ... DirexS&POil&GasBl2 GUSH .1 65.19 –12.81 .0657 FT PfdSecs FPE 4.8 20.32 +0.10 .0867 HCM Def500 LGH .2 37.64 +1.50 .0768 InvscS&P500EWUtil RYU 2.9 104.39 +1.23 .7577
SirenNasdNexGen BLCN .3 49.80 +1.12 .0374 AmplifyLithium BATT .2 15.48 –0.15 .0336 DirexSemiBear3 SOXS ... 8.22 –0.49 ... FTSTOXXEurSel Div FDD 3.5 14.52 +0.22 .0138 HCM Def100 QQH ... 44.92 +2.32 ... InvscS&P500xRt XRLV 1.4 45.01 +0.81 .0522
SoFiGigEcon GIGE .6 38.99 +0.67 .124 AmplifyOnlineRet IBUY .5 128.33 +1.87 .6164 DirexSemiBl3 SOXL .1 44.48 +2.07 .0162 FT ShDurMgMun FSMB 1.7 20.85 ... .0225 HartfordLongEc HLGE ... 25.61 +0.81 ... InvscS&P500GARP SPGP 1.0 83.84 +1.42 .2377
VanEckBiotech BBH .3 176.92 –0.12 .6079 AmpPureJrGold JGLD ... 25.67 +1.25 ... Direx7-10TreaBr3 TYO ... 9.28 –0.10 ... FT S&P REIT FRI 2.4 25.78 +0.16 .0596 HartfordMultiDvxUS RODM 2.6 30.36 +0.34 .3894 InvscS&P500HiBeta SPHB 1.1 71.19 +0.37 .1459
VanEckFallAnglHYBd ANGL 4.6 32.04 +0.06 .117 AmpSeymCannabis CNBS .3 28.95 –0.59 .101 Direx7-10TreaBull TYD .0 50.39 +0.30 5.7353 FT TCW EM Debt EFIX 4.3 19.52 +0.10 .07 HartfordMultiEM ROAM 3.4 24.39 ... .4172 InvscS&P500HiDiv SPHD 4.2 43.15 +0.13 .141
VanEckGaming BJK .4 54.97 +0.65 .2222 AmplifyTransData BLOK 1.1 57.54 +0.82 .658 DirexScBear3 TZA ... 33.14 +0.43 ... FT TCW SecPlus DEED 1.2 25.84 +0.07 .042 HartfrdMultifctrSC ROSC 1.1 38.11 –0.08 .1056 InvscS&P500LowVol SPLV 1.8 59.19 +0.84 .0832
VanEckPharm PPH 1.6 68.37 –0.24 .3497 ArkFinInnov ARKF .0 54.83 +2.21 .0281 DirexSCBull3 TNA .0 91.47 –1.60 .0103 FT TCWUnPlBd UCON 2.9 26.62 +0.02 .049 HartfordMultiUSEqu ROUS 1.4 38.81 +0.67 .1378 InvscS&P500Mom SPMO 1.0 55.83 +2.10 .0763
VanEckRetail RTH .6 171.44 +5.55 1.0027 ArmorUSEquity ARMR 1.1 23.77 +0.66 .2509 DirexKRBull3 KORU .0 42.83 +0.96 .0031 FT TechAlphaDEX FXL .0 119.79 +3.06 .0196 HartfordMuniOpps HMOP 2.2 41.77 +0.12 .0644 InvscS&P500PrGrw RPG .3 172.54 +5.38 .1608
VanEckSemiconduc SMH ... 256.08 +3.14 ... ArrowDJGlobalYd GYLD 5.7 14.45 +0.02 .0597 DirexTechBear3 TECS ... 6.05 –0.94 ... FT USEquityOpp FPX .2 125.30 +4.04 .088 HartfordSchTax HTAB 1.2 21.64 +0.07 .0188 InvscS&P500PrVal RPV 1.7 74.94 +0.32 .4053
VanEckVideoGam ESPO .1 70.89 +0.70 .0849 Asymmetric500 ASPY ... 26.38 +0.33 ... DirexTechBull3 TECL .0 50.11 +6.33 .19 FT UltShDurMuni FUMB .8 20.18 +0.04 .01 HartfordTRBd HTRB 2.4 40.50 +0.06 .074 InvscS&P500Qual SPHQ 1.4 45.80 +1.00 .1432
VangdEM GovBd VWOB 4.2 77.89 +0.12 .271 AvantisCoreFixIncm AVIG 1.1 48.64 +0.13 .0351 DirexTransportBl3 TPOR .0 41.87 +1.30 .009 FT UtilAlpha FXU 3.4 30.07 +0.26 .0674 HealthCareSelSect XLV 1.3 117.95 +1.56 .3975 InvscS&P500Rev RWL 1.5 71.19 +1.21 .2782
VangdGlblxUS RE VNQI .0 56.50 +0.48 .5053 AvantisCrMuniFx AVMU .7 49.76 +0.14 .0282 Direx20+TreaBr3 TMV ... 77.59 –0.16 ... FT ValDivFd FVD 2.1 38.56 +0.40 .1761 High Yield HYLD 7.3 32.46 +0.10 .19 InvscS&P500Top50 XLG 1.1 311.26 +11.46 .8839
VangdIntrCorpBd VCIT 2.3 93.44 +0.30 .1768 AvantisEM AVEM 1.5 66.23 –0.02 .6411 Direx20+YrTrBull TMF .1 22.97 ... .0152 FT Water FIW .5 80.15 +1.22 .0599 HorizonKinInfltn INFL .5 28.23 +0.55 .037 InvscS&P500ValMom SPVM 1.8 47.33 +0.82 .1955
VangdIntermTrmTrea VGIT 1.2 67.45 +0.13 .0655 AvantisIntlEquity AVDE 1.5 62.22 +0.89 .5418 DirexUtilBl3X UTSL 1.1 29.76 +1.18 .0893 FlexShSelBdFd BNDC 2.2 26.03 –0.01 .0407 HoyaCapHousing HOMZ 2.6 39.09 +0.47 .0343 InvscS&PGlbWater CGW 1.3 50.76 +1.04 .6603
VangdIntlDivApp VIGI .2 84.85 +0.90 .032 AvantisIntlSCValue AVDV 1.5 64.19 +1.12 .6557 DirexDynHedge DYHG .8 55.88 +1.22 .267 FlexShDevMkxUSQu QLVD 2.0 27.23 +0.36 .1024 HullTacticalUS HTUS .0 31.48 +0.86 1.0989 InvscS&PIntDvLoVl IDLV 2.2 30.86 +0.26 .228
VangdIntlHiDiv VYMI 3.1 66.44 +0.55 .3614 AvantisShortTrmFix AVSF .5 49.89 +0.05 .0174 DirexFallKnives NIFE .5 73.78 +0.06 .0737 FlexShDiscDurMBS MBSD 2.9 23.72 –0.11 .0623 HumankindUS HKND ... 26.66 +0.40 ... InvscS&PIntlDev IDMO 1.5 34.03 +0.74 .1502
VangdLTCorpBd VCLT 3.3 102.36 +0.11 .2789 AvantisUSEquityETF AVUS 1.1 71.52 +1.33 .1642 DirexFlight FLYT 3.3 47.62 +0.22 1.2325 FlexShEMQualLo QLVE 1.6 27.55 +0.15 .0273 IQCandESGIntl IQSI 1.4 29.26 +0.40 .0696 InvscS&PIntlDevQu IDHQ 1.6 30.01 +0.46 .2176
VangdLong-TermTrea VGLT 1.9 83.82 +0.02 .136 AvantisUSSCValue AVUV 1.2 72.95 –0.25 .2577 DirexHiGrowth HIPR .3 63.58 +2.00 .0879 FlexGlbQualRealEst GQRE 1.9 62.12 +0.57 .0531 IQCandESGUS IQSU .9 35.17 +1.00 .1051 InvscS&PMC400EW EWMC .9 90.63 +0.62 .2375
VangdMBS VMBS 1.0 53.44 +0.08 .0426 AwareUltShDur AWTM 1.7 49.84 +0.03 .07 DirexHydrogen HJEN ... 24.92 –0.79 ... FlexGlbUpstmNatRsc GUNR 2.4 36.80 +0.17 .2384 IQ50%HdgFTSEIntl HFXI 1.9 24.41 +0.28 .1055 InvscS&P400PrGrw RFG .1 225.08 +2.62 .1206
VangdRuss1000 VONE 1.1 192.36 +4.90 .5363 BNYMellonCoreBd BKAG 1.8 49.05 +0.10 .0767 DirexMSCILvL ESNG 1.2 63.00 +0.99 .182 FSHiYdValScored HYGV 6.1 49.56 +0.16 .2443 IQ500IntlETF IQIN 2.0 32.52 +0.25 .318 InvscS&P400PrVal RFV 1.1 91.93 +1.08 .3212
VangdRuss1000Grw VONG .6 264.09 +10.42 .1026 BNYMellonEM BKEM 2.0 74.97 –0.66 .1868 DirexMoonInnov MOON ... 39.44 –1.16 ... FlexShiBoxx5YTIPS TDTF 1.2 27.69 +0.04 .0783 IQGlobalResources GRES 9.1 28.14 +0.27 2.5521 InvscS&PMC400Rev RWK .7 87.62 +1.18 .1707
VangdRuss1000Val VONV 1.5 135.74 +1.71 .256 BNYMellonHYBeta BKHY 5.5 56.21 +0.14 .2259 DirexNasd100EW QQQE .5 79.75 +1.44 .0874 FlexiBx3YDurTIPS TDTT 1.1 26.37 +0.03 .0708 IQ HealthyHearts HART 1.3 25.82 +0.57 .0863 InvscS&PMCLowVol XMLV 1.3 53.34 +0.23 .1343
VangdRuss3000 VTHR 1.2 191.31 +4.52 .5646 BNYMellonIntl BKIE 2.1 71.47 +1.08 .5107 DirexRs1000GrOvVal RWGV .3 107.56 +5.54 .158 FlexShIntQualDiv IQDE 2.8 24.08 +0.14 .1353 IQHedgeEventDriven QED 4.4 23.71 +0.11 1.0495 InvscS&PMCMom XMMO .4 85.10 +0.17 .0497
VangdRuss2000 VTWO .7 179.80 –0.82 .1523 BNYM ShDurCpBd BKSB 1.6 51.31 +0.08 .068 DirexRs1000ValOvGr RWVG 1.0 57.47 –0.19 .2734 FlexShIntQuDivDyn IQDY 2.3 30.87 +0.29 .1197 IQHedgeL/STracker QLS 2.0 26.33 +0.36 .5173 InvscS&PMCQual XMHQ .9 77.44 +0.46 .134
VangdRuss2000Grw VTWG .4 220.66 –1.30 .1942 BNYM LC Core BKLC 1.0 77.77 +2.39 .2081 DirexS&P500HiMin QMJ 1.1 60.81 +1.38 .0957 FlexShIntlQualDiv IQDF 2.7 26.15 +0.27 .125 IQ HedMacrTrac MCRO 2.5 28.38 –0.01 .7123 InvscS&PMCValMom XMVM 1.0 45.59 +0.62 .0798
VangdRuss2000Val VTWV .9 140.92 –0.40 .3092 BNYM US MC Core BKMC 1.0 85.95 +1.25 .219 DirexWorkFrHome WFH .3 70.54 +0.93 .1367 FlexShMDevMktxUS TLTD 1.8 71.81 +0.93 .1864 IQHedgeMktNeut QMN 2.1 27.27 +0.05 .5692 InvscS&P100EW EQWL 1.8 77.03 +1.42 .3272
VangdSTCpBd VCSH 1.7 82.53 +0.14 .1162 BNYM US SC Core BKSE 1.0 95.34 +0.52 .2507 DirexWrldWithout WWOW .0 26.85 +0.61 .0004 FlexShEM FactTilt TLTE 1.9 62.20 +0.09 .099 IQ HedMultStra QAI 2.0 31.90 +0.02 .6331 InvscS&PSCLowVol XSLV 1.5 46.35 –0.04 .1564
VangdShtTmInfltn VTIP .7 51.65 +0.06 .0939 BallastSmMid MGMT ... 34.00 +0.06 ... DistillateIntlFund DSTX .5 26.93 +0.57 .0524 FlexShQualDivDef QDEF 2.2 52.41 +0.92 .2011 IQMacKayMuniIns MMIN 1.9 27.41 +0.15 .0399 InvscS&PSCMom XSMO .5 51.42 –1.48 .0539
VangdShortTermTrea VGSH .4 61.52 +0.01 .0213 BarclyiPathBCarbon GRN ... 86.24 +2.50 ... DistillUSFundSt DSTL 2.0 40.57 +0.69 .1035 FlexShQualDivDyn QDYN 2.2 57.83 +1.04 .2356 IQMacKayMuniInter MMIT 2.2 26.72 +0.07 .0329 InvscS&PSC600EW EWSC .8 80.54 –0.63 .2186
VangdTotalBd BND 2.0 84.95 +0.15 .1925 Barrons400ETF BFOR .8 58.00 +0.89 .4875 EmgqEM Internet EMQQ .2 64.87 –1.16 .1135 FlexShQualityDiv QDF 2.1 54.69 +0.90 .226 IQMergerArbitrage MNA 2.3 33.15 +0.15 .766 InvscS&P600PrGrw RZG .3 158.89 –1.27 .0854
VangdTotalCpBd VTC 2.4 89.93 +0.19 .1835 BlkRkFutureHlth BMED ... 28.59 +0.13 ... ETFMGAltHarvest MJ 2.6 22.31 –0.58 .02 FlexShReadyAcc RAVI .9 76.16 +0.03 .0464 IQRealReturn CPI 1.0 27.25 +0.10 .2693 InvscS&P600PrVal RZV .5 88.57 –0.98 .1979
VangdTotIntlBd BNDX .9 57.17 +0.02 .0413 BlkRkFutInnov BFTR ... 50.66 +0.84 ... ETFMG PrimeCyber HACK .1 56.24 +0.59 .04 FlexShSTOXXGlb NFRA 2.0 56.99 +0.49 .1799 IQS&PHYLowVolBd HYLV 3.8 25.08 +0.13 .0769 InvscS&P600Rev RWJ .6 115.02 –0.03 .1878
VangdTotIntlStk VXUS 2.1 64.12 +0.57 .1553 BlkRkFutureTech BTEK ... 35.55 +0.75 ... ETFMGPrmJrSilv SILJ 1.3 15.69 +0.64 .20 FlexShUSQualLo QLV 1.2 48.28 +1.09 .1146 IQ US RealEstSC ROOF 3.3 24.50 –0.02 .0867 InvscS&PSCValMom XSVM .7 48.27 –0.73 .1191
VangdTotWorldBd BNDW 1.4 79.81 +0.10 .091 BlkRkIntermMuni INMU ... 25.34 +0.09 ... ETFMG PrimeMob IPAY ... 71.17 +2.84 ... FrankFTSEAsiaxJpn FLAX 1.5 28.91 –0.20 .3588 IQ UltShrtDur ULTR 1.1 49.59 +0.03 .0371 InvscS&PSpin-Off CSD .9 63.49 –0.04 .5489
VicShDevEnhVol CIZ .2 33.32 +0.43 .1258 BlkRkUSCarbon LCTU ... 47.17 ... ... ETFMGSitUltra VALT 1.2 49.69 –0.01 .0319 FrankFTSEAustralia FLAU 2.1 30.04 +0.57 .2941 iMDBiHedgeStrat DBEH ... 32.21 +0.16 ... InvscS&PUltDiv RDIV 4.4 40.13 –0.05 .3726
VicShDivAccel VSDA 1.9 42.37 +0.73 .063 BlkRkUSEqRotat DYNF 1.4 35.00 +0.69 .1138 ETFMG TravelTech AWAY .0 30.74 –1.01 .01 FrankFTSEBrazil FLBR 2.5 20.84 +0.58 .268 iMDBiMgdFut DBMF ... 27.71 +0.23 ... InvscSrLoan BKLN 3.3 22.25 +0.09 .0607
VicShEMHiDivVol CEY 1.8 23.53 –0.16 .0198 BlkRkWxUSCarbon LCTD ... 46.77 ... ... ETFMG Treat GERM 1.1 34.38 –0.59 .285 FrankFTSECanada FLCA 2.2 31.04 +0.36 .4241 ImpactNAACPMinrty NACP 1.0 31.48 +0.77 .0738 InvscSolar TAN .1 86.46 –4.22 .0922
VicShIntlHiDivVol CID 6.1 32.27 +0.13 .1678 BlueHorizBNE BNE .0 28.75 –0.12 .0044 ETRACSAlerianMLP AMUB 8.3 10.59 –0.01 .1961 FrankFTSEChina FLCH .9 32.07 –0.60 .2488 ImpactSustain SDGA 1.0 26.60 +0.29 .073 InvscTaxMuniBd BAB 2.9 32.33 +0.14 .0733
VicShIntlVolWtd CIL .7 43.66 +0.39 .1663 BlueStarIsrael ITEQ .7 66.94 +0.66 .05 ETRACSAlernMLPInfr MLPB 7.5 14.38 +0.06 .2692 FrankFTSEEurope FLEE 1.7 28.16 +0.50 .2917 ImpactShsYWCAWomen WOMN 1.6 31.48 +0.66 .061 InvscTotalRetBd GTO 2.0 56.39 +0.07 .0813
VicShNasdNext50 QQQN .7 32.55 +0.43 .0146 BreakwDryBulk BDRY ... 17.52 –0.41 ... EtracsAlerianMid AMND 5.8 32.17 +0.53 .6031 FrankFTSEEurHdg FLEH 1.8 26.47 +0.27 .3192 IndSelSectorSPDR XLI 1.2 100.51 +1.73 .2956 InvscTreaCollat CLTL .4 105.70 +0.02 .0017
VicShProtectAmer SHLD 1.8 33.00 +0.56 .0013 CP HY Trend HYTR 3.7 24.12 +0.05 .0748 EtracsAlerMidstr AMNA 4.9 30.17 –0.03 .4767 FrankFTSEFrance FLFR 1.4 29.53 +0.54 .2332 InfraCapMLP AMZA 11.4 24.44 +0.09 .22 InvscUltShtDur GSY 1.1 50.49 ... .0301
VicShUSDiscEnhVol CSF 1.4 59.83 +0.15 .0763 CabanaTargetDraw5 TDSA .6 24.84 +0.26 .1468 EtracsAlerMid AMTR ... 34.72 –0.03 ... FrankFTSEGermany FLGR 2.4 26.89 +0.48 .4064 InfraCapREITPfd PFFR 5.9 24.45 +0.13 .12 InvscVrdoTaxFr PVI .1 24.89 +0.01 ...
VicShUSEQIncmEnh CDC 2.8 62.79 +0.16 .2028 CabanaTargetDrawdown7 TDSB .5 25.02 +0.36 .1126 ETRACSBloomETN DJCB ... 15.79 +0.03 ... FrankFTSE HK FLHK 2.8 28.68 +0.12 .5597 InfusiveComp JOYY .7 34.57 +1.14 .0157 InvscVarRtPfd VRP 4.2 26.04 +0.11 .0955
VicShUS500EnhVol CFO 1.2 68.85 +1.07 .0722 CabanaTargetDraw16 TDSE .6 27.30 +0.55 .1698 EtracsM1.5XLevCEF CEFD 11.5 31.40 +0.56 .3022 FrankFTSEIndia FLIN .6 27.80 –0.32 .0575 InnovIBDBreakout BOUT ... 34.32 +0.90 ... InvscWildClnEngy PBW .5 94.27 –4.98 .1428
VicShUS500Vol CFA 1.2 68.84 +1.13 .0737 CabanaTargetDraw10 TDSC .5 25.76 +0.35 .1335 EtracsM1.5XLevMtg MVRL 25.3 47.25 +0.09 .9971 FrankFTSEItaly FLIY 2.2 26.65 –0.16 .1759 InnovIBDLdrs LDRS .7 27.33 +0.12 .0185 InvscZacksMC CZA 1.3 86.48 +1.55 1.0837
VicShUSLCHiDivVol CDL 2.9 55.06 +0.25 .1796 CabanaTargetDraw13 TDSD .5 26.66 +0.57 .1451 ETRACSMonthPay2x SMHB 17.8 11.37 –0.36 .1691 FrankFTSEJapan FLJP 1.5 30.80 +0.24 .2396 InnovatorIBD50 FFTY ... 45.52 +0.91 ... InvscZacksMltIncm CVY 2.6 23.51 +0.14 .1124
VicShUSMultMin VSMV 2.1 36.83 +0.63 .0554 CannabisETF THCX .0 19.67 –0.28 .0478 ETRACS2xLvHiDiv HDLB 8.5 14.73 +0.04 .104 FrankFTSEJapanHdg FLJH ... 31.03 –0.07 ... InnovLoupFrontier LOUP ... 56.23 +0.96 ... iPathBloomCocoaTR NIB ... 29.58 –0.42 ...
VicShUSSCHiDiv CSB 2.9 59.36 +0.05 .2531 CapLinkGlbFin KOIN .4 41.62 +1.21 .1534 ETRACSNYSEPick PYPE 8.3 16.93 –0.16 .3512 FrankFTSELatAm FLLA 2.2 22.77 +0.48 .3379 InnovEAFEPwrApr IAPR ... 25.38 +0.21 ... iPathBloomCommTR DJP ... 23.82 +0.06 ...
VicShUSSCVolWtd CSA 1.5 64.17 +0.16 .083 CapNextVehicles EKAR .4 40.01 +0.50 .1659 EtracsQ1.5XLevWf BDCX 11.8 38.67 +1.65 1.1368 FrankFTSEMexico FLMX 1.4 22.74 +0.19 .1897 InnovEAFEPwrJan IJAN ... 26.39 +0.18 ... iPathBloomLeadTR LD ... 40.40 +0.23 ...
VirtusTerraUSQual JOET .1 27.56 +0.58 .021 ChgFinUSLCFoss CHGX .5 31.32 +0.77 .1678 EtracsQ1.5XLevAl MLPR 8.6 29.41 +0.02 .8206 FrankFTSERussia FLRU 6.5 25.93 –0.70 1.6797 InnovEAFEPwrJul IJUL ... 24.47 +0.13 ... iPathGSCI nts GSP ... 13.09 –0.10 ...
WahedFTSEUSAShar HLAL .8 36.28 +0.80 .077 ChangeCapL/S CBLS ... 26.77 –0.04 ... Etracs2xLvUSMin USML ... 27.64 +0.78 ... FrankFTSESaudiAr FLSA 1.8 30.87 +0.38 .1748 InnovEMPwrApr EAPR ... 25.08 –0.10 ... iPathPBBroadCmod BCM ... 32.70 –0.05 ...
WstAstShrtDur WINC 2.6 26.14 +0.07 .0566 ChangeCapSust CBSE ... 29.02 –0.03 ... Etracs2xLvUSMom MTUL ... 24.29 +3.37 ... FrankFTSESAfrica FLZA 3.6 26.54 –0.25 .5605 InnovEMPwrJan EJAN ... 30.49 ... ... iPathPBCrudeOil OIL ... 17.59 –0.52 ...
WstAstTR WBND 2.6 26.97 +0.03 .0575 ClearSharesOCIO OCIO 1.5 31.49 +0.35 .0562 Etracs2xLvUSQu QULL ... 28.88 +1.28 ... FrankFTSE SKorea FLKR .9 32.60 +0.41 .304 InnovEMPwrJuly EJUL ... 26.69 +0.09 ... iPathBlmAgricult JJA ... 56.58 +1.33 ...
WisdTrChinaxSOE CXSE .6 64.88 –1.64 .0491 ClearPitonInt PIFI .0 98.76 +0.11 .0172 Etracs2xLvUSDiv SCDL ... 31.84 +0.99 ... FrankFTSESwitz FLSW 2.2 31.58 +0.88 .058 InspireCpBdImp IBD 1.4 25.98 +0.02 .0186 iPathBlmAlum JJU ... 48.06 +0.78 ...
WT CybersFd WCBR ... 22.04 +0.35 ... ClearUltShMat OPER .5 100.07 ... .03 Etracs2xLvUSGrw IWFL ... 26.28 +2.00 ... FrankFTSETaiwan FLTW 1.9 42.26 +0.45 .7677 InspireFaithLC FEVR ... 25.76 +0.42 ... iPathBlmCoffee JO ... 36.77 +1.50 ...
WisdTrEM CpBd EMCB 3.2 75.37 +0.15 .20 ColumbiaDivFixed DIAL 2.6 21.30 +0.15 .0489 Etracs2xLvUSSize IWML ... 25.98 +0.41 ... FrankFTSE UK FLGB 2.4 24.48 +0.37 .2767 InspireFaithMC GLRY ... 29.66 +0.19 ... iPathBlmCopper JJC ... 61.30 +0.79 ...
WisdTrEMQualDivGrw DGRE .8 29.91 –0.04 .0578 ColumbiaEMCoreXCh XCEM 1.5 31.92 –0.26 .49 Etracs2xLvUSVal IWDL ... 30.01 +0.72 ... FrankFedIntTxFr FLMI 2.2 26.47 +0.13 .0612 InspireGlblHope BLES 1.5 36.98 +0.28 .1447 iPathBlmCotton BAL ... 46.59 +2.42 ...
WisdTrGermanyHdg DXGE .0 35.26 –0.02 .2537 ColumbiaEMConsumer ECON .6 27.73 –0.45 .1786 ETRACS2xM092548 PFFL 4.6 19.13 +0.24 .0741 FrankFedTxFrBd FLMB 2.0 27.04 +0.13 .0478 InspireIntlESGETF WWJD 1.9 33.46 +0.34 .1573 iPathBlmEnergy JJE ... 30.88 –0.90 ...
WisdTrIntRtHYBd HYZD 4.1 22.17 +0.05 .075 ColumbiaIndiaCnsmr INCO .3 50.14 –1.07 .1646 ETRACSUBSBloomberg UCIB ... 17.13 +0.11 ... FrankInvGradeCp FLCO 3.2 25.70 +0.07 .0721 Inspire100ETF BIBL .8 40.07 +0.65 .0848 iPathBlmGrains JJG ... 59.62 +1.45 ...
WisdTrIntUSAgg AGZD 1.4 47.09 –0.03 .055 ColumbiaMultMun MUST 2.1 22.40 +0.07 .039 ETRACSWFBusDev BDCZ 8.0 18.87 +0.02 .3792 FrankShtDurUSGovt FTSD 1.3 95.26 +0.02 .1373 InspireS/MC Impact ISMD 1.1 35.84 –0.09 .0989 iPathBlmIndMet JJM ... 55.49 +0.95 ...
WisdTrJapanHdgSC DXJS .0 44.77 –0.19 .5436 ColumbiaResEnhCore RECS .9 27.71 +0.75 .2678 EcofinDigPay TPAY .2 46.22 +1.76 .1021 FrankSysStyle FLSP .3 19.65 –0.03 1.5369 InspireTactBal RISN .5 27.39 +0.24 .0344 iPathBlmLivestk COW ... 39.10 +0.45 ...
WisdTrUSQltyDiv DGRW 2.6 58.49 +0.99 .1253 ColumbiaResEnhVal REVS 21.4 19.40 +0.25 .0115 EcofinGlbWater EBLU 1.0 42.87 +0.52 .2242 FrankUSCoreBd FLCB 2.6 25.28 +0.03 .0583 InvscActvUSRlEst PSR 2.7 95.36 +0.20 .6044 iPathBBloomNatGas GAZ ... 14.59 –0.64 ...
WisdTrUSSCQltyDiv DGRS 2.4 46.67 +0.30 .0948 ColumbiaSustIntl ESGN 2.4 27.76 +0.15 .0832 ElemntsRogrAgri RJA ... 7.04 +0.23 ... FrankUSLowVol FLLV 1.4 44.93 +0.83 .1289 InvscAero&Def PPA .6 74.32 +1.40 .1342 iPathBlmNickel JJN ... 65.81 +1.89 ...
ColumbiaSustUSEqu ESGS 2.2 35.02 +0.31 .1764 ElemntsRogrEngy RJN ... 1.94 –0.06 ... FrankUSTreaBd FLGV 1.7 23.96 +0.04 .0384 InvscCA AMT-Fr PWZ 2.3 27.85 +0.14 .0538 iPathBlmPlatinum PGM ... 57.25 –0.27 ...
NYSE ARCA CommSvsSPDR XLC .7
CnsmrDiscSelSector XLY .6
76.92
175.98
+2.34
+6.56
.1329
.2641
ElemntsRogrMtls
ElemntsRogrTr
RJZ ...
RJI ...
10.56
5.54
+0.13
+0.02
...
...
FrankUltraShBd FLUD 1.8
FranklinLibEM FLQE 2.6
24.90
30.74
–0.01
–0.11
.0434
.7622 InvscCEFIncmComp PCEF 7.0
InvscChinaTech CQQQ .5
23.63
83.04
+0.29
–0.68
.1365
.3859
iPathBlmPrecMet
iPathBlmSofts
JJP
JJS
...
...
62.92
44.18
+0.76
+2.38
...
...
CnsStapleSelSector XLP 2.1 68.92 +0.94 .3569 ElemntsSpectrmLC EEH ... 29.45 +1.23 ... FranklinLibQGlbDiv FLQD 2.7 33.69 +0.22 .0814 InvscCurrShAUD FXA ... 75.91 +0.11 ... iPathBlmSugar SGG ... 48.72 +2.58 ...
AAFFirstCLOBd AAA 1.1 25.05 +0.01 .024 CorbettRdTactOpp OPPX ... 25.35 +0.62 ... ElemntsBiofuels FUE ... 8.45 +0.18 ... FranklinGlbEquity FLQG 2.3 38.63 +0.60 .4733 InvscCurrShGBP FXB ... 132.35 –1.18 ... iPathBlmTin JJT ... 72.41 +0.98 ...
AAM LowDurPfd PFLD 4.7 25.28 +0.19 .1054 CoreAlternative CCOR 1.4 29.40 +0.51 .10 ElemntsGrain GRU ... 4.06 +0.17 ... FranklinIntlEquity FLQH 3.3 27.30 +0.30 .5747 InvscCurrShCAD FXC ... 78.41 +0.11 ... iPathShillerCape CAPE ... 199.32 +5.39 ...
AAMS&PDevMk DMDV 2.7 24.37 +0.23 .08 CSFIEnhEur50ETN FEUL ... 99.79 +4.41 ... EnSelectSectorSPDR XLE 4.3 48.19 –2.12 .5199 GabelliGrwInn GGRW ... 23.53 +0.72 ... InvscCurrShEuro FXE ... 111.49 +1.13 ... iPathSilverETN SBUG ... 34.97 +0.46 ...
AAMS&PEMHiDivVal EEMD 3.6 22.82 +0.21 .1011 GabelliLovePlanet LOPP ... 27.33 +0.50 ... iShAAA-ARtdCorpBd QLTA 2.0 55.71 +0.09 .0932
AAMS&P500HiDivV SPDV 3.2 29.36 +0.19 .0894 CS FI LC Grwth FLGE ... 619.79 +46.06 ... ER Entrepreneurs ENTR .0 25.09 +0.42 1.6517 GadsdenDynMult GDMA .8 31.82 +0.11 .0061 InvscCurrShJPY FXY ... 85.97 +0.75 ... iShA/PDividend DVYA 3.5 41.12 +0.30 .4806
AIPoweredEquity AIEQ .3 39.48 +0.76 .02 CS S&P MLP MLPO 8.2 8.25 –0.95 .1689 ER Next Entre ERSX .5 23.64 +0.23 .1146 GlblBetaLowBeta GBLO 1.7 22.80 +0.37 .1201 InvscCurrShCHF FXF ... 98.21 +1.76 ... iShBBCpBd HYBB 3.8 51.68 +0.17 .1633
AIPwrdIntlEqu AIIQ 1.2 33.53 +0.78 .4136 CSX Mthly2xLvMtg REML 33.1 7.03 +0.05 .1938 EthoClimateLeader ETHO .7 58.57 +0.55 .07 GlbBetaRisingStars GBGR .5 24.23 +0.34 .0154 InvscDBComm DBC ... 16.78 –0.11 ... iShAgencyBond AGZ .7 117.95 +0.03 .0705
ALPSCleanEnergy ACES .4 75.96 –2.28 .0478 DBGoldDoubleLg DGP ... 36.81 +0.65 ... FIEnhEurope50ETN FIEE ... 178.61 +11.45 ... GlbBetaSmartIncm GBDV 3.7 20.81 +0.16 .2132 InvscDBAgriFd DBA ... 17.27 +0.36 ... iShCMBSETF CMBS 2.3 53.95 +0.22 .1017
ALPS DisrupTech DTEC .4 46.90 +1.01 .169 DBGoldDoubleShrt DZZ ... 3.07 –0.05 ... FidelityCorpBd FCOR 2.5 54.62 +0.13 .103 GlbXAdaptiveUS AUSF 2.5 29.09 +0.31 .16 InvscDBBaseMet DBB ... 19.04 +0.37 ... iShGovt/CreditBond GBF 1.1 120.62 +0.18 .1154
ALPSEmgDivDogs EDOG 2.7 23.55 +0.18 .1325 DBGoldShortETN DGZ ... 10.67 –0.09 ... FidelityDivRising FDRR 2.1 41.25 +0.77 .236 GlbXAdaptUSRisk ONOF ... 26.93 +0.72 ... InvscDBEnerFd DBE ... 13.14 –0.68 ... iSh10-20YTreasBd TLH 1.3 141.96 +0.33 .1577
ALPS EqSecWgh EQL 1.8 95.99 +1.33 .3716 DayHaganNedRes SSUS .5 32.07 +0.80 .1449 FidelityHiDiv FDVV 2.7 36.35 +0.47 .278 GlbXCopperMiners COPX 1.1 37.48 +1.07 .3226 InvscDBG10Curr DBV ... 25.05 –0.45 ... iSh0-5YTIPSBd STIP 2.9 105.67 +0.07 .2523
ALPSIntlDivDogs IDOG 2.8 27.78 +0.24 .2431 DefianceNextGen FIVG .9 36.36 +0.47 .0579 FidelityHYFactor FDHY 4.2 55.41 +0.21 .155 GlbX EM Bd EMBD 3.7 26.50 –0.04 .0915 InvscDBGoldFd DGL ... 50.36 +0.42 ... iShBloomRollSel CMDY .1 48.94 +0.19 .0662
ALPSMedBreak SBIO ... 47.47 –2.81 ... DefNextGenH2 HDRO ... 26.70 –0.60 ... FidelityIntlHiDiv FIDI 2.7 20.43 +0.15 .183 GlbXFTSENordReg GXF 1.0 29.49 +0.90 .1822 InvscDBOilFund DBO ... 10.64 –0.27 ... iShCalifMuniBd CMF 1.7 62.31 +0.26 .0829
ALPSREITDivDogs RDOG 4.3 44.98 +0.13 .5111 DefNextGenSpac SPAK ... 26.71 –0.21 ... FidelityIntlValue FIVA 2.4 23.94 +0.31 .212 GlbX FTSE SE Asia ASEA 2.2 14.75 –0.03 .0979 InvscDBPrecMetls DBP ... 48.44 +0.35 ... iShCmdCurve CCRV ... 23.23 +0.02 ...
ALPSSectorDivDogs SDOG 3.1 51.88 +0.19 .4757 DefianceQuantum QTUM .4 48.87 +0.47 .0265 FidelityIGBd FIGB 1.0 49.76 +0.08 .041 GlbX GoldExplorers GOEX 2.9 31.65 +1.47 .8955 InvscDBSilverFd DBS ... 35.43 +0.56 ... iShAggrAllocation AOA 1.5 68.57 +1.05 .1141
ARKInnovationETF ARKK .0 123.26 +2.41 1.6277 DeltaShS&P500Mgd DMRL 1.0 70.03 +2.05 .1775 FidelityIGSecur FSEC .3 49.88 +0.10 .014 GlbX GuruIndex GURU 2.6 47.10 +0.30 .9019 InvscDBUSDBear UDN ... 21.19 +0.16 ... iShConsAllocat AOK 1.9 39.11 +0.29 .0496
ARK NextGen ARKW .0 154.29 +4.29 1.8945 DeltaShS&P400Mgd DMRM .4 58.45 +0.39 .0653 FidelityLtdTermBd FLTB 1.3 52.35 +0.08 .036 GlbXLithium&Batt LIT .4 58.97 –0.82 .0879 InvscDBUSDBull UUP ... 24.81 –0.20 ... iShCoreDivGrowth DGRO 2.1 49.46 +0.89 .2622
AtacUSRotation RORO ... 23.21 +0.58 ... DeltaShS&PIntMgd DMRI 2.6 51.89 +1.01 .338 FidelityLowVol FDLO 1.3 45.36 +1.09 .147 GlbX MLP&Energy MLPX 7.1 31.64 –0.36 .5654 InvscDefEquity DEF 1.3 62.50 +0.99 .794 iShCore5-10YUSDBd IMTB 1.8 51.16 +0.19 .0769
AberdStdBlAllCm BCD 1.2 27.29 +0.13 .3274 DeltaShS&P600Mgd DMRS .5 56.62 –0.14 .0679 FidelityCommSvs FCOM .6 51.86 +1.58 .077 GlbX MLP MLPA 10.5 33.61 –0.07 .825 InvscDJIADiv DJD 3.1 43.69 +0.49 .3371 iShGrwthAllocation AOR 1.7 54.59 +0.55 .1145
AberdStdBlACStr BCI .6 23.47 +0.03 .1496 DemocracyIntlFd DMCY ... 25.65 +0.33 ... FidelityMSCICnDisc FDIS .5 79.87 +2.82 .10 GlbXMSCIArgentina ARGT .3 29.95 +0.75 .0854 InvscDynBiotech PBE ... 72.94 –1.46 ... iShCoreHiDividend HDV 3.7 95.50 +0.13 .8821
AberdStdPhysGold SGOL ... 16.75 +0.13 ... DimenEmgCore DFAE .0 28.30 –0.02 .0011 FidelityMSCICnStpl FSTA 2.4 41.98 +0.51 .251 GlbXMSCIChinaCm CHIC 1.5 27.55 –0.33 .3097 InvscDynBuilding PKB .2 50.70 +1.10 .0193 iShCoreMSCIEM IEMG 1.8 64.75 –0.32 .7235
AberdStdPhysPall PALL ... 247.42 –2.56 ... DimenIntlCore DFAI .7 28.66 +0.42 .0801 FidelityMSCIEn FENY 3.8 13.01 –0.60 .142 GlXMSCIChinaCnsDisc CHIQ .1 33.39 –0.78 .0224 InvscDynEnerExpl PXE 2.8 14.53 –0.96 .0306 iShCoreMSCIEurope IEUR 2.0 55.91 +1.06 .4967
AberdStdPhysPlat PPLT ... 112.87 –0.68 ... DimenUSCore DFAU .6 29.15 +0.69 .0508 FidelityMSCIFinls FNCL 1.8 50.36 +0.82 .222 GlbXMSCIChCS CHIS .7 31.58 –0.33 .1214 InvscDynFood&Bev PBJ 1.1 40.66 +0.52 .1212 iShMSCIIntlDev IDEV 1.9 66.52 +0.98 .6618
AberdStdPhyPrMt GLTR ... 94.66 +0.53 ... DirexAuspiceBroad COM ... 27.93 +0.26 ... FidelityMSCIHlthCr FHLC 1.3 59.44 +0.50 .201 GlbXMSCIChinaEner CHIE 3.6 9.20 –0.09 .2018 InvscDynLCGrw PWB .1 71.91 +2.74 .0183 iShCoreMSCIPacific IPAC 1.6 67.84 +0.68 .5006
AberdStdPhySilv SIVR ... 24.37 +0.29 ... DirexConCnsmr CCON .1 63.16 +1.07 .0478 FidelityMSCIIndls FIDU 1.1 53.22 +0.79 .154 GlbXMSCIChinaFinl CHIX 2.1 16.12 –0.24 .3032 InvscDynLCValue PWV 2.2 43.44 +0.59 .1944 iShModAllocation AOM 1.8 44.13 +0.33 .1125
AbsoluteCrStrat ABEQ .7 26.76 +0.32 .0893 DirexAeroBl3 DFEN .1 22.44 +0.82 .0128 FidelityMSCIIT FTEC .7 112.90 +4.80 .198 GlbXMSCIChinaHC CHIH .1 27.84 –0.60 .0171 InvscDynLeisure PEJ .7 46.76 +0.26 .0201 iShCoreS&P500 IVV 1.4 412.98 +10.90 1.3111
AcquirersFund ZIG .2 26.01 +0.50 .0414 DirexBrazilBull2X BRZU .7 91.66 +4.97 .3222 FidelityMSCIMatls FMAT 1.5 44.82 +0.19 .163 GlbXMSCIChinaIndls CHII 1.4 15.92 –0.36 .1807 InvscDynMarket PWC .7 120.12 +3.03 .0738 iShCoreS&P MC IJH 1.1 266.14 +2.17 .6672
AdasinaSocJust JSTC ... 16.70 +0.23 ... DirexCSIChinaInt CWEB ... 55.51 –4.04 ... FidelityRealEst FREL 3.1 28.03 +0.07 .192 GlbXMSCIChinaIT CHIK .4 30.55 –0.58 .0133 InvscDynMedia PBS .4 53.03 +1.54 .0993 iShCoreS&P SC IJR .9 109.51 –0.58 .2656
AdvShAlphaDNA SENT ... 27.07 +0.67 ... DirexCSI300CnA CHAD ... 17.78 +0.22 ... FidelityMSCIUtils FUTY 2.9 42.01 +0.53 .32 GlbXMSCIChLC50 CHIL .9 38.82 –0.87 .2426 InvscDynNetwkg PXQ .2 86.11 +2.15 .0039 iShS&PTotlUSStkMkt ITOT 1.3 94.97 +2.21 .2964
AdvShDorseyADR AADR .1 63.70 +0.19 .0667 DirexCSI300CnABl2 CHAU .0 38.68 –1.25 .0088 FidelityMomFactor FDMO .6 47.07 +1.63 .056 GlbXMSCIChinaMatls CHIM 1.6 24.29 +0.56 .2116 InvscDynOil&GasSv PXJ 4.3 3.25 –0.18 .0613 iShCore10+YUSDBd ILTB 3.2 69.30 +0.12 .1834
AdvShDbLineVal DBLV 1.1 91.84 +1.49 1.0248 DirexCloudBr2 CLDS ... 23.67 –1.50 ... FidelityQualFactor FQAL 1.3 46.97 +1.10 .166 GlbXMSCIChRlEst CHIR 4.3 17.09 –0.13 .4816 InvscDynPharm PJP .7 78.28 –0.75 .1526 iShCoreUSAggBd AGG 1.8 114.18 +0.14 .1722
AdvShFocusedEqu CWS .3 45.69 +0.72 .1195 DirexCloudBl2 CLDL ... 23.26 +1.17 ... FidelitySmallMid FSMD 1.1 33.21 +0.26 .08 GlbXMSCIChUtil CHIU 2.4 16.64 –0.26 .2499 InvscDynSemicon PSI .1 126.94 +0.79 .0238 iShCoreUS REIT USRT 2.6 53.58 +0.10 .3357
AdvShFolioBey FWDB 1.8 25.84 +0.03 .0448 DirexCnsDiscBl3 WANT ... 64.23 +6.86 ... FidelityTotalBdETF FBND 2.2 52.69 +0.15 .085 GlbXMSCIColombia GXG 3.6 29.37 +0.36 .5848 InvscDynSoftware PSJ ... 164.59 +4.40 ... iShCurrHdgNikk400 HJPX 1.1 35.52 –0.15 .2122
AdvShNewfleet MINC 2.1 48.82 +0.12 .0715 DirexDJBear3X WEBS ... 18.81 –2.35 ... FidelityUSMulti FLRG 3.2 23.57 +0.56 .06 GlbX MSCIGreece GREK 2.4 27.96 +1.02 .5346 InvscEMSovDebt PCY 4.5 27.15 +0.15 .1048 iShCurHdgMSCIUS HAWX 1.8 32.08 +0.17 .2741
AdvShPureCannab YOLO 1.0 23.03 –0.84 .0373 DirexDJBull3X WEBL ... 78.82 +8.32 ... FidelityValFactor FVAL 1.4 46.30 +1.06 .159 GlbXMSCINextEm EMFM 2.6 19.73 +0.06 .2584 InvscFinlPfd PGF 4.8 19.04 +0.11 .0744 iShCurrHdgMSCICda HEWC 4.7 30.29 +0.39 .3409
AdvShPureUSCan MSOS ... 42.35 –0.50 ... DirexEM Bear3 EDZ ... 8.61 +0.12 ... FieldUVAUnconMed FFIU 2.5 26.07 +0.10 .053 GlbXMSCINigeria NGE 6.4 11.91 +0.12 .7676 InvscFTSEDvMktxUS PXF 1.9 47.17 +0.49 .2967 iShCurHdgMSCIEAFE HSCZ 1.3 35.95 +0.39 .2058
AdvShQDynGrw QPX ... 26.97 +0.88 ... DirexEM Bull3 EDC .1 99.01 –2.17 .0801 FinSelSectorSPDR XLF ... 35.15 +0.68 ... GlbX MSCINorway NORW 1.9 13.98 –0.02 .1339 InvscDevMktxUSSM PDN 1.6 37.49 +0.53 .162 iShCurHdMSCIEurozn HEZU 2.1 34.83 +0.18 .473
AdvShQPtfBlend QPT ... 24.71 +0.53 ... DirexEnergyBr2 ERY ... 18.87 +1.46 ... FTActiveFactorLC AFLG 1.1 24.69 +0.65 .0399 GlbXMSCIPakistan PAK 2.4 30.51 +0.35 .4759 InvscFTSERAFIEM PXH 2.5 22.37 –0.16 .0248 iShCurrHdMSCIJapan HEWJ 1.1 39.23 –0.06 .1236
AdvShRangerEqBear HDGE ... 24.69 –0.45 ... DirexEnergyBl2 ERX 2.0 22.80 –2.04 .1219 FTActiveFactorMC AFMC .8 24.77 +0.27 .10 GlbXMSCIPortugal PGAL 2.3 11.38 +0.18 .0653 InvscFTSEUS1000 PRF 1.6 154.99 +2.10 .6701 iShCurHdgMSCIMex HEWW 1.1 16.92 +0.10 .1332
AdvShStrGlbBW VEGA .3 38.71 +0.50 .1047 DirexChinaBr3 YANG ... 13.88 +0.76 ... FTActiveFactorSC AFSM .5 25.61 +0.21 .06 GlbXISuperDivEM SDEM 5.7 12.03 –0.09 .0555 InvscFundHYCpBd PHB 3.9 19.44 +0.07 .0588 iShCurrHdgMSCIUK HEWU 2.6 22.36 +0.51 .2362
AdvShSageCore HOLD 1.1 98.72 +0.02 .0553 DirexChinaBl3 YINN .8 19.09 –1.07 .0454 FT ConsDscAlpDx FXD .2 60.32 +1.36 .0457 GlXS&P500CCGrw XYLG 5.1 29.45 +0.47 .1204 InvscFundInvCpBd PFIG 2.4 26.74 +0.06 .0515 iShCybersecurity IHAK .4 39.63 +0.82 .0105
AdvShViceETF VICE 1.0 35.69 +0.68 .3669 DirexFTSEEurBull3x EURL .2 32.41 +1.70 .051 FT ConsStaples FXG 1.3 57.57 +0.25 .208 GlbXS&P500Cv XYLD 8.8 48.16 –0.03 .4198 InvscGlbClnEner PBD .4 31.76 –0.82 .0204 iShUSBasicMaterial IYM 1.3 126.74 –0.23 .4207
AGFiQ GlbInfr GLIF 2.4 25.56 +0.26 .0259 DirexFinlBear3 FAZ ... 31.67 –1.83 ... FT DJ GlbSelDiv FGD 3.9 25.51 +0.20 .1074 GlbXS&P500QualDiv QDIV 2.6 29.89 +0.16 .067 InvscGlblPrvEqu PSP 3.4 15.28 +0.43 .0884 iShUSConsumerSvcs IYC .5 77.67 +1.95 .0858
AGFiQHdgDivIncm DIVA 1.7 23.83 +0.02 .0269 DirexFinlBull3 FAS .3 99.19 +5.20 .1286 FT DJ Internet FDN ... 232.29 +8.74 ... GlbXSilverMiners SIL 2.0 42.91 +1.61 .7347 InvscGlbShrtHYBd PGHY 5.4 22.17 +0.04 .0979 iShUSConsumerGoods IYK 1.3 179.70 +3.01 .5198
AGFiQ US NeutAB BTAL ... 17.08 –0.06 ... DirexGoldMinBr2 DUST ... 19.38 –1.41 ... FT Dow30EW EDOW 1.6 30.19 +0.48 .1154 GlblXSuperDividend SDIV 6.8 13.83 –0.08 .088 InvscIndia PIN ... 24.24 –0.45 ... iShUSFinlServices IYG 1.3 177.39 +3.74 .5463
AlerianEnergyInfr ENFR 6.8 17.35 –0.13 .3522 DirexGoldMinBl2 NUGT ... 62.09 +3.88 ... FTEIPCarbonImpact ECLN 1.7 23.30 +0.26 .0776 GlbXSuperDivUS DIV 6.2 19.38 –0.09 .0885 InvscIntlCpBd PICB 1.1 29.00 +0.12 .026 iShUSHealthcare IYH 1.1 254.90 +3.07 .6606
AlerianMLPETF AMLP 9.3 30.99 –0.14 .68 DirexHlthcrBull3 CURE .0 85.84 +3.25 .0061 FT EnergyAlpDx FXN 3.4 9.83 –0.64 .0646 GlbXSuperIncPfd SPFF 5.7 11.95 +0.02 .0565 InvscInvGradeDef IIGD 1.5 26.64 +0.06 .0273 iShUSRealEstate IYR 2.2 93.96 +0.38 .4439
AlgerMC40 FRTY ... 20.31 +0.43 ... DirexHmbldrBull3 NAIL ... 88.63 +6.53 ... FT EqCompRiskMgr ERM 1.0 24.04 +0.40 .0314 GlbX US Pfd PFFD 5.1 25.70 +0.14 .109 InvscInvGradeValue IIGV 2.3 27.11 +0.08 .0452 iShUSUtilities IDU 2.8 80.41 +0.95 .5505
AllianzUSLCBf10A AZAA .0 27.04 +0.39 1.2218 DirexIndlsBl3 DUSL .1 41.56 +2.24 .0062 FT EqCompTactical TERM 1.0 21.02 +0.37 .0257 GlbX Uranium URA 1.3 20.13 +0.52 .1032 InvscMSCISusFut ERTH .2 74.89 –1.19 .1023 iShUS Energy IYE 3.2 25.82 –1.08 .1173
AllianzUSLCBf10J AZAJ ... 26.48 +0.34 ... DirexJrGoldMinBr2 JDST ... 10.37 –0.97 ... FT DJ SelMicro FDM 1.1 60.61 –0.24 .0868 GlbXVarPfd PFFV 5.2 27.74 –0.05 .1205 InvscMSCIGlbTimb CUT 1.5 37.18 +0.85 .5533 iShUS Finls IYF 1.4 77.23 +1.32 .2607
AllianzUSLCBf10J AZAL .0 27.62 +0.10 1.0329 DirexJrGoldMinBl2 JNUG .4 91.20 +7.06 .3359 FT FTSE DevRE FFR .7 47.78 +0.54 .321 GSAccessHYCorpBd GHYB 4.5 49.96 +0.15 .192 InvscNatAMTFrMuni PZA 2.4 26.93 +0.12 .0542 iShUSHealthcarePrv IHF .5 253.13 +2.50 .4203
AllianzUSLCB10O AZAO ... 27.99 +0.20 ... DirexLatAmBl2X LBJ .6 70.25 +2.87 .105 FT FinlsAlpDx FXO 2.0 42.58 +0.51 .1632 GSAccessIGCpBd GIGB 2.5 53.61 +0.05 .109 InvscNYAMTFrMuni PZT 2.6 25.95 +0.18 .0524 iShUSInsurance IAK 1.9 75.90 +0.96 .5817
AllianzUSLCBf20A AZBA .0 26.00 +0.23 .6989 DirexIndiaBull2 INDL ... 46.06 –1.57 ... FT GlbEngg FLM 1.3 56.65 +0.47 .2507 GS IGCorp1-5YBd GSIG .9 50.15 +0.07 .0401 InvscPreferred PGX 5.4 15.11 +0.10 .0621 iShUSOilEquip&Svcs IEZ 1.5 12.97 –0.84 .0803
AllianzUSLCBf20J AZBJ ... 25.85 +0.19 ... DirexMexicoBl3 MEXX .1 69.70 +2.46 .0193 FT GlbWindEner FAN .9 22.72 +0.02 .0519 GSTreasury0-1Y GBIL .5 100.13 ... .3097 InvscRayJamesSB1 RYJ .2 59.07 +0.43 .1427 iShUSPharmaceuticl IHE 1.2 175.58 –1.22 .6348
AllianzUSLCBf20J AZBL .0 26.40 +0.07 .584 DirexMcBull3 MIDU .0 60.43 +1.46 .0119 FT HlthCareAlpha FXH ... 111.02 +1.64 ... GSAccUSAggBd GCOR .8 48.46 +0.10 .0382 InvscRuss1000EW EQAL 1.5 43.71 +0.24 .1954 iShUSRegionalBanks IAT 2.1 57.83 +0.71 .1848
AllianzUSLCB10 AZBO ... 26.55 +0.09 ... DirexPharmBl3X PILL ... 20.33 –1.71 ... FTHorizonMgdVolDev HDMV 1.5 31.49 +0.21 .0378 GSActiveBetaEM GEM 1.6 39.78 +0.02 .2245 InvscS&PEMLowVol EELV 2.4 23.69 +0.13 .1611 iShUSMedDevices IHI .2 340.93 +10.57 .0221
AltMergerArb ARB .0 25.40 +0.04 .726 DirexRealEstBr3 DRV ... 7.20 –0.03 ... FTHorizonMgdVolDom HUSV 1.3 30.60 +0.47 .1192 GSActiveBetaEurope GSEU 1.8 35.36 +0.75 .1992 InvscS&PEMMom EEMO .4 19.40 –0.16 .0686 iShAdvTotUSDBd EUSB 1.1 49.22 +0.09 .0442
AmCentDivrsCpBd KORP 2.9 51.90 +0.14 .1122 DirexRealEstBl3 DRN .8 16.81 +0.17 .0422 FTHorizMgdVolSM HSMV .8 32.01 +0.32 .0199 GSActiveBetaIntlEq GSIE 1.6 34.06 +0.60 .1227 InvscS&P500BuyWr PBP 1.1 21.70 +0.03 .0293 iShESGUSAggBd EAGG 1.2 54.75 +0.13 .0538
AmCentDivrsMuni TAXF 2.1 54.86 +0.21 .0929 DirexRgBanksBull3X DPST .5 242.87 +6.44 .4256 FT Chindia FNI .3 61.31 –1.11 .1182 GSActiveBetaJapan GSJY 1.2 38.38 +0.17 .2917 InvscS&P500Down PHDG .6 34.47 +0.57 .0547 iShEM Dividend DVYE 4.9 38.73 –0.20 .3003
AmCentLowVol LVOL .8 42.69 +1.02 .0883 DirexRetailBull3 RETL .0 214.80 +17.92 .028 FT IndlsAlpDx FXR .7 58.14 +0.98 .064 GSActiveBetaUSLC GSLC 1.1 82.26 +2.23 .2267 InvscS&P500EnhVal SPVU 2.3 40.46 +0.25 .2474 iShEuropeETF IEV 1.6 51.93 +0.94 .3478
AmCentMCGrw MID ... 52.24 +1.59 ... DirexRobAI2X UBOT 6.4 43.59 +1.66 3.6172 FTInstPfdSecs FPEI 4.8 20.43 +0.12 .078 GS Active US SC GSSC .7 63.22 –0.20 .113 InvscS&P500EWCm EWCO .9 38.22 +0.60 .0962 iShExpTech IGM .2 385.44 +16.36 .2137
AmCentQulDivIn QINT 1.5 51.30 +0.72 .4369 DirexRussiaBl2 RUSL 1.6 22.28 –1.12 .3535 FT LgDurOpps LGOV 3.0 27.09 +0.10 .08 GSHedgeIndVIP GVIP .0 99.10 +2.90 .0005 InvsS&P500EWCD RCD .4 146.91 +4.87 .1254 iShFocusedValue FOVL 2.2 54.31 +0.23 .2944
AmCentStoxxUSQ QGRO .2 67.12 +1.80 .0493 DirexS&P500Br3 SPXS ... 27.94 –2.38 ... FT Long/Short FTLS .3 46.55 +0.44 .1252 GS Innovate GINN .3 59.18 +1.09 .048 InvscS&P500CnStp RHS 2.1 158.49 +1.01 .8608 iShGenomicsImm IDNA .3 44.55 –1.57 .0362
AmCentSTOXXUSQual VALQ 1.7 48.61 +0.95 .1466 DirexS&P500Bl3 SPXL .2 94.81 +7.27 .1155 FT MgdFutures FMF .0 47.31 –0.17 .0074 GS JUST US LC JUST 1.2 60.07 +1.69 .1749 InvscS&P500EWEner RYE 2.4 39.49 –2.29 .2261 iShGlblComm IXP .8 83.73 +1.77 .4087
AmCentSustEq ESGA .8 51.69 +1.48 .1026 DirexS&P500Bull2X SPUU .7 90.07 +4.69 .3605 FT MatAlpDX FXZ 1.3 55.76 –0.16 .1303 GS PhysGold AAAU ... 17.34 +0.14 ... InvscS&P500EW RSP 1.4 145.13 +2.05 .6465 iShGlobal100 IOO 1.4 69.00 +2.32 .4328
AmConsValues ACVF .8 30.56 +0.62 .0543 DirexS&PBiotechBr3 LABD ... 24.47 +3.30 ... FTMergerArbitrage MARB ... 19.66 –0.01 ... GothamEnh500 GSPY ... 22.25 +0.65 ... InvscS&P500EWFin RYF 1.8 57.56 +0.97 .2614 iShGlobalREITETF REET 3.6 26.09 +0.19 .2353
M22 BARRON’S April 12, 2021

Exchange-Traded Portfolios
Tick Div Tick Div Tick Div Tick Div Tick Div Tick Div
Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt.
iShGoldTr IAU ... 16.61 +0.15 ... iShVirtualWork IWFH .4 29.60 +0.59 .0538 PacerData&Infr SRVR 1.4 36.41 –0.16 .1254 RenaissanceIntlIPO IPOS .0 35.61 +0.23 .2031 Schwab US TIPs SCHP 1.8 61.13 –0.09 .0935 VangdHlthCr VHT 1.1 230.45 +1.82 .635
iShiBoxx$InvGrCpBd LQD 2.3 130.79 +0.18 .2539 iShYdOptimizedBd BYLD 2.9 25.01 +0.01 .0526 PacerIndRealEst INDS 1.6 40.01 +0.39 .164 RivFrDynCoreIncm RFCI 1.8 25.30 +0.02 .0372 SimplUSConvex SPYC .7 29.70 +0.99 .1079 VangdHiDiv VYM 2.6 102.51 +0.91 .6564
iShiBdsDec2030Cp IBDV 2.0 24.92 +0.09 .0417 iSh0-5YHYCorpBd SHYG 5.2 45.75 +0.08 .197 PacerCFRAStovall SZNE .5 36.52 +0.72 .0444 RivFrDynUSDiv RFDA 1.4 41.94 +1.03 .0632 SimplUSPlusDown SPD .8 29.18 +0.70 .1162 VangdIndls VIS 1.0 193.48 +2.95 .5055
iShiBdsDec2028Cp IBDT 2.5 28.43 +0.07 .0597 iSh0-3MTreaBd SGOV .0 100.02 –0.01 .0009 PacerFTSECnA50 AFTY 1.5 22.23 –0.59 .3398 RivFrDynUSFlex RFFC 1.1 42.67 +1.00 .0037 SimplUSPlusUp SPUC .0 30.07 +1.20 .2029 VangdIntermBd BIV 2.0 88.79 +0.25 .4606
iShiBondsDec2025Cp IBDQ 1.9 26.89 +0.07 .0433 JPM AlerianMLP AMJ 7.4 16.80 –0.11 .3102 PaceriPathGold GBUG ... 28.49 +0.23 ... RivFrDynUnconInc RFUN 4.0 25.83 +0.11 .0988 SimplifyVoltCloud VCLO ... 10.71 +0.22 ... VangdLC VV 1.3 192.73 +5.37 .6053
iShiBondsDec2024Cp IBDP 1.9 26.38 +0.04 .0421 JanusHendersonAAA JAAA 1.2 50.42 –0.05 .0521 PacerLuntLCAlt ALTL 1.8 39.87 +0.24 .175 RivFrStratIncm RIGS 3.2 24.75 +0.05 .0642 SimplifyVoltFin VFIN ... 10.95 +0.73 ... VangdLT Bond BLV 3.1 98.85 +0.24 .5576
iShiBdsDec2029Cp IBDU 2.4 26.26 +0.05 .0511 JanusHendMtg JMBS 1.3 53.16 +0.11 .0557 PacerLuntLCMultAlt PALC .6 37.07 +0.50 .0558 RoundAcqDpVal DEEP 1.3 34.59 +0.27 .0733 SimplifyVoltPop VPOP ... 12.18 +0.80 ... VangdMegaCap MGC 1.2 146.19 +4.40 .4339
iShiBondsDec2021Cp IBDM 2.0 24.82 ... .0281 JanusHenShrtDur VNLA 1.0 50.19 +0.04 .0408 PacerLuntMCMult PAMC .1 35.95 +0.40 .0068 RoundBitEsports NERD .3 32.72 +0.13 .3167 SimplifyVoltRobo VCAR ... 11.63 +0.13 ... VangdMegaGrwth MGK .5 219.85 +9.68 .2695
iShiBdsDec2021Muni IBMJ 1.1 25.69 +0.01 .0245 HancockCorpBd JHCB ... 25.29 +0.04 ... PacerMilitEmp VETS 1.4 38.23 +0.62 .135 RoundhillMVP MVP ... 14.66 +0.32 ... 6MeridianHdg SIXH 1.8 28.74 +0.18 .0625 VangdMegaVal MGV 2.0 96.70 +1.08 .4939
iShiBondsDec2027Cp IBDS 2.2 26.80 +0.07 .0502 HancockConsDisc JHMC .4 52.00 +1.50 .1012 PacerTrendFd TRND .6 29.68 +0.41 .169 RoundSportsBet BETZ .2 32.45 +0.99 .0714 6MeridianLowBeta SIXL .6 33.33 +0.18 .0328 VangdMC VO 1.1 227.74 +3.21 .6311
iShiBondsDec2026Cp IBDR 2.3 26.42 +0.08 .05 HancockConsStpl JHMS 2.2 34.23 +0.33 .3822 PacerTrendpilot PTIN .7 28.30 +0.36 .203 RoundStreamSvs SUBZ ... 13.16 +0.09 ... 6MeridianMega SIXA 1.7 32.55 +0.58 .0681 VangdMCGrowth VOT .3 223.01 +4.71 .1795
iShiBondsDec2023Cp IBDO 2.3 26.11 +0.02 .0409 HancockDevIntl JHMD 2.1 33.33 +0.48 .3497 PacerTrendUSBd PTBD 2.7 27.41 +0.04 .1859 SPAC&NewIssueETF SPCX ... 28.94 +0.32 ... 6MeridianSC SIXS .7 46.31 –0.05 .05 VangdMC Val VOE 1.6 137.17 +0.98 .5525
iShiBondsDec2022Cp IBDN 1.7 25.44 ... .0357 HancockMultEM JHEM 2.0 30.75 –0.10 .3081 PacerUSCashCows BUL .3 36.86 +0.53 .0234 SPDRBlackSrLoan SRLN 4.4 45.93 +0.24 .17 SmartAdvertising MRAD ... 27.33 +0.21 ... VangdRealEst VNQ 2.2 93.74 +0.21 .5264
iShiBdsDec2022Muni IBMK 1.2 26.35 +0.03 .0255 HancockEnergy JHME 3.1 18.51 –0.88 .2876 PacerUSExportLead PEXL .1 40.07 +0.79 .0145 SPDRBloomBarCvSecs CWB 1.3 85.70 +1.36 .0944 SmartApacDiv ADIV ... 18.72 +0.05 ... VangdS&P500ETF VOO 1.4 378.25 +10.09 1.2625
iShiBdsMar23CpxFin IBCE 2.3 24.87 ... .0434 HancockMultFinls JHMF 1.5 48.61 +1.02 .3737 PacificGlbFocusHY FJNK 4.1 25.53 +0.09 .0942 SPDRBBCpBd SPBO 2.4 34.61 +0.07 .0701 SmartDivBldr DIVS ... 24.36 +0.52 ... VangdS&P500 Grw VOOG .6 248.26 +9.85 .3425
iShiBdsMar2023Cp IBDD 2.1 27.13 ... .0478 HancockHealthcare JHMH 2.9 44.93 +0.52 .643 PacificGlbSrLoan FLRT 3.2 49.11 +0.23 .1204 SPDRBloomBarEMLoBd EBND 3.4 26.30 +0.23 .0752 SmartTransport MOTO .2 44.96 +0.47 1.02 VangdS&P500Val VOOV 1.6 139.36 +1.83 .5563
iShiBoxx$HYCpBd HYG 4.0 87.20 +0.13 .2935 HancockIndustrials JHMI .9 50.54 +0.68 .2242 PrincipalActIncm YLD 3.7 41.07 +0.27 .1254 SPDRBBEMUSDBd EMHC ... 30.27 ... ... SoFiNext500 SFYX 1.2 13.80 +0.07 .0881 VangdS&PMC400 IVOO .7 180.25 +1.61 .3183
iShIntRtHdgCorpBd LQDH 2.0 96.34 –0.28 .1392 HancockLC JHML 1.5 52.54 +1.18 .3917 PrincInvGrdCp IG 3.0 26.13 +0.11 .0662 SPDR BlmBarcHYBd JNK 4.9 108.89 +0.25 .3855 SoFiSelect500 SFY 1.1 15.03 +0.39 .083 VangdS&P400Grwth IVOG .7 198.97 +1.84 1.3201
iShIntRateHdgEM EMBH 2.6 23.94 –0.03 .044 HancockMatls JHMA 1.5 45.17 +0.27 .3408 PrincipalSpectPfd PREF 3.9 20.44 +0.12 .066 SPDRBloomBarInCpBd IBND .4 36.41 +0.31 .0108 SoFiSocial50 SFYF .2 30.49 +0.31 .0321 VangdS&P400Val IVOV 2.0 159.27 +1.33 3.1834
iShIntRtHdgHiYdBd HYGH 3.8 87.79 –0.14 .2539 HancockMultMedia JHCS .8 38.39 +0.73 .1513 PrincipalTaxAdv PQDI 4.6 21.46 +0.23 .0818 SPDRBlmBarIntTrBd BWX .9 29.55 +0.27 .0224 SoFiWeeklyIncm TGIF 1.3 105.09 +0.02 .05 VangdS&P600 VIOO .9 200.71 –0.83 1.8256
iShIntRtLTCpBd IGBH 2.1 25.55 –0.16 .0432 HancockMC JHMM 1.0 50.38 +0.60 .2464 PrincUltShtAct USI 1.5 24.78 +0.03 .03 SPDRBlmBarInvGrdFR FLRN .5 30.62 –0.01 .0116 SoundEnhFixed SDEF 3.9 20.66 +0.25 .2039 VangdS&P600Grwth VIOG .3 223.56 –1.34 .1556
iShJPM EM LC Bd LEMB ... 43.16 +0.49 ... HancockMultiSC JHSC 1.2 34.60 +0.25 .216 ProShDJBrkGlIn TOLZ 1.9 43.94 +0.25 .2131 SPDRBloomBarc1-10Y TIPX 3.2 20.89 +0.02 .0551 SoundEquIncm SDEI 2.9 24.72 +0.26 .1805 VangdS&P600Val VIOV 1.0 175.42 –0.52 .4452
iShJPX-Nikkei400 JPXN 1.2 74.46 +0.30 .4947 HancockTech JHMT .6 86.50 +2.43 .2668 ProShDecRetail EMTY ... 16.82 –0.62 ... SPDRBloomBar1-3MTB BIL .0 91.49 –0.02 .0033 SPDR DJRlEst RWX 1.8 35.32 +0.57 .1561 VangdST Bond BSV 1.3 82.19 +0.07 .089
iShLatinAmerica40 ILF 2.0 27.92 +0.56 .2794 HancockUtils JHMU 3.4 32.33 +0.37 .5421 ProShHdgReplic HDG ... 52.00 +0.05 ... SPDRBloomBarSTHYBd SJNK 4.0 27.31 +0.02 .0904 SPDR DJREIT RWR 3.5 96.86 +0.21 .7825 VangdSC VB 1.0 217.96 +0.58 .5632
iShACWILowCarbon CRBN 1.3 160.90 +2.95 1.0674 JPMBeta US MC BBMC .4 87.70 +0.61 .0838 ProShInflationExp RINF .1 28.80 –0.56 .0103 SPDRBloomBarSTInTr BWZ .0 31.85 +0.29 .0021 SPDR DJIA Tr DIA 2.4 337.86 +6.41 .6714 VangdTaxExemptBd VTEB 1.7 54.82 +0.19 .0774
iShMSCIAustralia EWA 1.9 25.52 +0.39 .2004 JPMBeta US SC BBSC .2 65.16 –0.10 .0271 ProShLgOnline CLIX .0 84.47 –0.25 .7962 SPDR 3-12MT-Bill BILS ... 100.08 ... ... SPDR EurSTOXX FEZ .2 45.98 +0.70 .02 VangdTotalStk VTI 1.3 214.14 +4.86 .6716
iShMSCIAustria EWO .9 22.58 +0.26 .1941 JPMCarbonUS JCTR .8 55.45 +1.46 .1077 ProShMSCITransform ANEW .0 44.27 +0.99 .0183 SPDRBlSASBCpBd RBND 1.9 24.40 +0.04 .0385 SPDR MSCI exUS CWI 2.0 29.60 +0.26 .2741 VangdTotlWrld VT 1.0 100.34 +1.77 .2531
iShMSCIBRICETF BKF 1.0 52.50 –0.80 .383 JPMCorpBdResearch JIGB 2.5 54.88 +0.10 .1158 ProShOnlRetail ONLN .0 80.82 +1.40 .5695 SPDRDoubleTRTact TOTL 2.8 48.29 +0.09 .1127 SpdrSPIntDiv DWX 1.5 38.77 +0.38 .1459 VangdUtilities VPU 2.7 142.04 +1.67 .9581
iShMSCIBelgium EWK 1.6 20.89 +0.13 .175 JPM DivRetEM JPEM 1.1 56.89 +0.18 .1499 ProShRAFI L/S RALS 1.4 32.19 –0.43 .1096 SPDRDJGlbRealEst RWO 1.6 48.29 +0.32 .1908 SPDR S&PMdCpTr MDY .7 486.51 +4.21 .8644 VangdValue VTV 2.1 133.62 +1.50 .7062
iShMSCIBrazil EWZ 1.9 33.56 +0.94 .2763 JPM DivRetIntlEq JPIN 1.0 62.09 +0.53 .1586 ProShS&P500Bd SPXB 2.0 89.76 +0.25 .1473 SPDRIntGovBd WIP 3.7 56.00 +0.45 .1703 SPDR S&P 500 SPY 1.2 411.49 +10.88 1.2778 VesperUSLCShort UTRN 1.0 32.31 +0.49 2.3583
iShMSCICanadaETF EWC 1.8 35.07 +0.43 .3853 JPM DivRetUS Eq JPUS 1.3 93.15 +0.93 .2916 ProShS&P500xEner SPXE .9 89.63 +2.77 .198 SPDRFactSetInnTech XITK .0 218.95 +4.43 .1274 SPDR S&P Biotch XBI .1 129.63 –7.40 .04 VicShUSAACrIntBd UITB 1.9 53.08 +0.02 .0706
iShMSCIChinaSC ECNS 3.2 55.37 –0.19 1.1813 JPM Div US MC JPME 1.0 84.27 +0.42 .2206 ProShS&P500xFin SPXN 1.0 87.14 +2.39 .2109 SPDRGlobalDow DGT 1.8 107.51 +1.23 .4768 SPDR SP China GXC 1.2 130.44 –3.04 .7905 VicSh USAAShtBd USTB 1.8 51.78 +0.02 .0583
iShMSCIColombia ICOL 3.2 10.33 +0.06 .1835 JPM Div US SC JPSE .7 42.85 –0.19 .0697 ProShS&P500xHlth SPXV 1.0 87.15 +2.52 .2113 SPDRGoldMini GLDM ... 17.35 +0.14 ... SPDR S&P Div SDY 2.7 119.68 +0.94 .8087 VicShUSAA EMVal UEVM .0 49.24 +0.47 .0657
iShMSCI EAFE EFA 2.0 77.99 +1.13 .6945 JPMEquityPrem JEPI 7.2 58.16 +0.27 .3483 ProShS&P500xTech SPXT 1.1 71.11 +1.44 .1932 SPDR Gold GLD ... 163.27 +1.29 ... SPDR SP EmAsPac GMF 1.7 131.68 –1.57 1.1135 VicShUSAA IntlVal UIVM 1.8 49.06 +0.37 .2273
iShMSCIEmgMarkets EEM 1.4 53.55 –0.31 .5189 JPM IntlGrwth JIG .0 75.48 +1.24 .0305 ProShShtBasicMat SBM ... 10.86 ... ... SPDRACWILowCarbon LOWC 1.7 123.35 +2.55 1.0345 SPDR S&P Home XHB .6 73.75 +2.16 .1172 VicSh USA SC Val USVM .5 68.89 –0.11 .0689
iSh MSCI EM SC EEMS 1.9 58.34 +0.72 .047 JPMShDurCore JSCP .8 50.20 +0.10 .034 ProShShtDow30 DOG ... 35.08 –0.68 ... SPDREAFEFossilFr EFAX 1.6 82.79 +1.28 .6562 SPDR IntlSC GWX 1.5 38.32 +0.49 .2884 VicShUSAA USAVal ULVM 1.4 62.54 +0.67 .1082
iShMSCIFranceETF EWQ .9 36.12 +0.73 .1632 JPMUSAggregateBd JAGG 1.3 26.96 +0.05 .0591 ProShShortEuro EUFX ... 43.01 –0.48 ... SPDRMSCIEAFEStrat QEFA 1.4 73.78 +1.02 .739 SPDR S&P MtlMng XME .8 39.50 –0.86 .077 VidentUSBdStrat VBND 1.8 50.65 +0.18 .0787
iShMSCIFrontier FM 2.7 30.40 +0.67 .1874 JPMUSDEMSovBd JPMB 4.6 48.88 +0.16 .1856 ProShShXinhuaCh25 YXI ... 14.18 +0.22 ... SPDREMFossilFuelFr EEMX 1.4 80.04 –0.41 .3338 SPDRS&POilGasExpl XOP 1.7 78.49 –7.07 .3607 VidentCoreUSEquity VUSE 1.1 42.46 +0.31 .0789
iShMSCIGermanyETF EWG 1.2 34.60 +0.65 .3869 JPM US Dividend JDIV 1.2 31.43 +0.13 .0923 ProShShtFinls SEF ... 13.61 –0.25 ... SPDRMSCIEMStrat QEMM 3.4 67.81 –0.28 1.1371 SPDR S&P Pharm XPH .5 49.00 –1.25 .0725 VidentIntlEquityFd VIDI 2.3 27.71 +0.19 .0569
iShMSCIGlblAgriPrd VEGI 1.3 40.33 +0.19 .2919 JPMUSMinimumVol JMIN .9 33.90 +0.32 .0777 ProShShortHY SJB ... 18.38 –0.04 ... SPDRMSCIUSAStrat QUS 1.8 114.29 +2.14 1.0337 SPDR S&P Retail XRT .7 92.21 +2.70 .1567 VirtusInfrUSPfd PFFA 7.5 24.56 +0.19 .16
iShMSCIGloblEnProd FILL 3.3 15.45 –0.49 .2818 JPM US Moment JMOM .5 40.95 +1.07 .0557 ProShShMSCI EAFE EFZ ... 18.94 –0.29 ... SPDRMSCIWorldStrat QWLD 1.6 99.92 +1.69 .7846 SPDR S&P Semi XSD .2 188.55 –0.56 .0788 VirtusLifeSciBio BBC ... 48.81 –2.81 ...
iShMSCIGlbMulti ACWF 1.6 37.53 +0.72 .3228 JPM USQualFactor JQUA 1.4 38.94 +0.80 .137 ProShShtMSCI EM EUM ... 12.22 +0.06 ... SPDR NYSE Tech XNTK .5 153.16 +4.40 .1839 SPDRWelsFrg PSK 4.9 43.70 +0.31 .18 VirtusLifeSciBio BBP ... 51.72 –1.36 ...
iShMSCIHongKong EWH 2.3 27.05 +0.29 .2193 JPM US Value JVAL .4 35.31 +0.57 .0377 ProShShtMC400 MYY ... 25.00 –0.25 ... SPDRNuvBBHYMuni HYMB 3.3 59.41 +0.14 .1641 SprottGoldMiners SGDM .3 28.81 +0.88 .0928 VirtusNewABS VABS 2.1 24.96 +0.02 .0445
iShMSCIIndonesia EIDO 1.6 21.67 –0.26 .1717 KFADynFixIncm KDFI 5.0 21.65 +0.11 .0896 ProShShtOil&Gas DDG ... 19.27 +0.75 ... SPDRNuveenMuniBd TFI 1.9 51.81 +0.16 .0747 SprottJrGoldMiners SGDJ 2.1 45.10 +2.75 .9687 VirtusNewfleetHYBd BLHY 4.3 24.56 +0.13 .0871
iShMSCIIntlMom IMTM .9 39.26 +0.91 .1408 KFA LCQualDiv KLCD 2.2 31.28 +0.36 .6756 ProShShortQQQ PSQ ... 13.16 –0.51 ... SPDRNuveenSTMuniBd SHM 1.1 49.59 +0.08 .0323 StanceEquityLC STNC ... 25.04 +0.39 ... VirtusNewMultiBd NFLT 3.6 25.23 +0.13 .0693
iShMSCIIntlMulti INTF 1.9 29.69 +0.58 .2207 KFA MtLucas KMLM ... 27.63 +0.14 ... ProShShtRE REK ... 10.24 –0.08 ... SPDRPtfAggBd SPAB 2.4 29.72 +0.02 .0548 SterlingCapFocus LCG ... 27.45 +0.89 ... VirtusPrvCrd VPC 8.5 24.27 +0.74 .37
iShMSCIIntlQual IQLT 1.5 37.71 +0.70 .2283 KFA SCQualDiv KSCD 1.4 28.90 +0.01 .3992 ProShShtRus2000 RWM ... 21.87 +0.12 ... SPDRPtfDevxUS SPDW 1.8 36.39 +0.52 .3247 SyntaxStratLC SSPY 1.3 63.63 +1.01 .9121 VirtusRealAsset VRAI 4.4 25.28 –0.01 .37
iShMSCIIntlSize ISZE 1.3 31.59 +0.38 .2655 KFAValLineDynCore KVLE .3 23.35 +0.28 .0731 ProShShrtS&P500 SH ... 16.14 –0.45 ... SPDRPtfEM SPEM 2.3 43.93 –0.22 .5119 SyntaxStratMC SMDY .7 40.14 +0.42 .301 VirtusReavesUtil UTES 2.1 41.83 +0.52 .18
iShMSCIIntlSC ISCF 2.1 36.17 +0.66 .0459 KnowldgLdrDevWrld KLDW .6 45.19 +0.77 .2568 ProShSh7-10YrTr TBX ... 25.10 –0.03 ... SPDR PtfEurope SPEU 1.7 40.55 +0.66 .1743 SyntaxStratifiedSC SSLY .4 52.32 ... .1946 VirtusSeixSrLoan SEIX 3.2 24.84 +0.07 .0669
iShMSCIIntlValue IVLU 1.8 25.52 +0.10 .2598 KraneBoseraChinaA KBA .7 44.18 –0.59 .2976 ProShShrtSC600 SBB ... 17.99 +0.04 ... SPDR PtfHYBd SPHY 5.3 26.58 +0.10 .1181 SyntaxStratUSTM SYUS ... 41.23 +0.48 ... VolsharesLC VSL 1.2 41.08 +0.53 .218
iShMSCIIreland EIRL .4 56.50 +0.71 .0124 KraneCCBSChCpHY KCCB 4.8 39.38 +0.09 .1574 ProShSh20+Tr TBF ... 17.85 –0.02 ... SPDRPtfIntermCpBd SPIB 1.6 36.34 +0.06 .0484 TRowePriceBlueChip TCHP ... 29.96 +1.31 ... WBIBullBrGlbIncm WBII 3.3 24.72 +0.06 .0659
iShMSCIIsrael EIS .2 67.18 +1.83 .1058 KraneCICCCnCnsmr KBUY ... 25.95 –0.50 ... ProShUltBscMtls UYM .3 89.60 –0.31 .0756 SPDR PtfIntTrea SPTI .5 32.18 +0.06 .0119 TRowePriceDivGwth TDVG .9 30.48 +0.62 .0669 WBIBullBrQu3000 WBIL .2 29.67 +0.44 .0302
iShMSCIItaly EWI 1.5 31.69 –0.13 .2375 KraneCICCCn5GSemi KFVG ... 23.99 +0.13 ... ProShUltBlmCrude UCO ... 53.68 –2.87 ... SPDRPtfLTCorpBd SPLB 3.2 30.48 +0.05 .0791 TRowePriceEqIncm TEQI 1.4 33.89 +0.32 .1205 WBIBullBrRsInc300 WBIE .2 29.99 +0.16 .0046
iShMSCIJapan EWJ 1.0 69.67 +0.53 .2583 KraneCICCChina KFYP 2.6 31.61 –0.13 .8337 ProshUltBlmNatGas BOIL ... 19.74 –1.90 ... SPDRPtfLgTermTrea SPTL 1.8 39.49 +0.02 .0576 TRowePriceGrowth TGRW .0 31.00 +1.22 .0318 WBIBullBrTdUS WBIT 2.7 20.18 +0.08 .0795
iShMSCIJapanSC SCJ .8 82.76 +0.89 .7019 KraneCSIChInt KWEB .3 75.88 –2.71 .2214 ProShUltCnsGds UGE .1 88.25 +2.96 .0225 SPDR PtfGSM SPGM 1.7 53.89 +0.94 .4474 TechSelectSector XLK .8 141.77 +6.29 .2731 WBIBullBrTrdUSTR WBIN 3.9 17.23 +0.07 .0575
iShMSCIKLD400Soc DSI 1.1 79.20 +1.87 .2218 KraneEFdChina KCNY 2.3 34.71 +0.01 .0696 ProShUltCnsSvs UCC ... 101.37 +6.30 ... SPDRPtfMtgBkdBd SPMB 2.7 25.95 +0.06 .0577 TeucriumAgriFd TAGS ... 22.92 +0.65 ... WBIBullBrVal3000 WBIF .6 31.01 +0.60 .1636
iShMSCIKokusaiETF TOK 1.4 91.43 +2.20 .6846 KraneElcVehicle KARS .1 43.06 –0.16 .0574 ProShUltDow30 DDM .2 68.98 +2.55 .0266 SPDRS&P500Value SPYV 2.5 38.62 +0.47 .2414 TeucriumCornFd CORN ... 17.76 +0.42 ... WBIBullBrYd3000 WBIG 1.1 25.81 +0.38 .042
iShMSCIMalaysiaETF EWM 2.0 27.62 +0.38 .5447 KraneEMCnsTech KEMQ 2.2 33.14 +0.22 .7438 ProShUlt Euro ULE ... 14.89 +0.31 ... SPDRPtfS&P1500 SPTM 1.3 50.97 +1.20 .1592 TeucriumSoybeanFd SOYB ... 21.35 +0.10 ... WBIPwrFactorHiDiv WBIY 3.5 27.02 +0.18 .1252
iShMSCIMexico EWW 1.4 45.13 +0.56 .1437 KraneEMHlthcrIndex KMED .0 34.28 +0.08 .0082 ProShUltFTSEEurope UPV ... 62.69 +2.34 ... SPDRPtfS&P500 SPLG 1.4 48.38 +1.30 .1732 TeucriumSugarFd CANE ... 7.36 +0.37 ... WedETFMGGlbCld IVES .3 49.96 +0.80 .125
iShMSCINetherlands EWN .7 47.98 +0.61 .1303 KraneGlblCarbon KRBN ... 29.30 +0.60 ... ProShXinhuaChina25 XPP ... 71.34 –3.02 ... SPDRS&P500Growth SPYG .8 59.62 +2.36 .1148 TeucriumWheatFd WEAT ... 6.22 +0.30 ... WedbushVideoGame GAMR .8 100.66 +2.59 .09
iShMSCIPacificxJp EPP 2.1 51.41 +0.66 .5466 KraneChinaHlthCr KURE .0 38.72 –0.59 .0001 ProShUltFinls UYG .2 56.23 +1.88 .0269 SPDRS&P500HiDiv SPYD 6.5 38.97 +0.01 .6362 TimothyHiDiv TPHD 2.3 29.25 +0.05 .0642 WilshirewShEnhGold WGLD ... 17.57 +0.14 ...
iShMSCIPeru EPU 1.8 36.24 +1.60 .1829 KraneAllChina KALL 1.0 34.75 –0.54 .3487 ProShUltraGold UGL ... 56.06 +0.81 ... SPDRPtfS&P400MC SPMD 1.1 46.80 +0.40 .1264 TimothyPlanIntl TPIF .7 28.47 +0.25 .1011 WisdTrUSDBull USDU .7 25.58 –0.15 .1726
iShMSCIPhilippines EPHE .8 29.55 +0.33 .0724 KraneMSCICnClean KGRN .0 40.52 –1.40 .0026 ProShUltHlthCr RXL .2 81.27 +1.94 .0389 SPDRPtfS&P600SC SPSM 1.0 42.65 –0.19 .1053 TimothyUS LMC TPLC .8 33.72 +0.48 .0239 WisdTrCBOES&P500 PUTW 1.3 30.49 +0.29 .4086
iShMSCIPoland EPOL 1.4 19.19 +0.62 .0987 KraneMSCICnLdrs KESG .0 32.34 –0.83 .1511 ProShUltraHY UJB .0 75.41 +0.25 1.7338 SPDRPtfSTCpBd SPSB 1.1 31.31 +0.03 .03 Timothy US SC TPSC 1.4 32.89 ... .0337 WisdTrChineseYuan CYB .4 26.95 –0.10 .1118
iShMSCIRussia ERUS 4.3 37.75 –1.30 1.2914 KraneEMxChina KEMX 1.6 31.26 +0.04 .498 ProShUltIndls UXI .1 125.62 +5.36 .0415 SPDRShtTermTrea SPTS .2 30.66 ... .0048 TortoiseNAPipeline TPYP 4.9 20.41 +0.02 .2474 WisdTrEmgCurr CEW .7 17.95 +0.02 .1181
iShMSCISaudiArabia KSA 1.5 36.36 +0.41 .0942 KraneSh1Belt1Road OBOR 1.9 29.19 –0.03 .5493 ProShUltBrazil UBR ... 28.07 +1.57 ... SPDR PtfTIPS SPIP 2.0 30.44 –0.07 .1006 TrajanWealthIncm TWIO ... 10.07 –0.06 ... WisdTrEMxSOE XSOE .3 40.86 –0.35 .0269
iShMSCISingapore EWS 2.4 23.59 –0.08 .3572 KraneSSEStr50 KSTR ... 21.30 –0.10 ... ProShUltMSCIEAFE EFO ... 49.35 +1.25 ... SPDRRuss1000LowVol ONEV 1.5 101.48 +1.33 .3765 TransamDeltaS&PEM DMRE 1.6 59.44 –0.57 .2444 WisdTrEM HiDiv DEM 1.6 44.09 –0.14 .1751
iShMSCISouthAfrica EZA 4.9 49.73 –0.58 1.7712 LCGrowthETN2028 FRLG ... 268.32 +19.86 ... ProShUltMSCIEM EET ... 101.22 –1.47 ... SPDRRuss1000Mom ONEO 1.5 95.93 +1.44 .3523 TrendAggCon TACE .2 25.20 +0.28 .0435 WisdTrEMLocDebt ELD 4.7 32.50 +0.29 .1275
iShMSCISthKorea EWY .7 91.31 +0.62 .6303 LeaderActivLdrs ACTV .1 36.27 +0.01 .0318 ProShrUltraJapan EZJ ... 49.06 +0.60 ... SPDRRuss1000Yd ONEY 3.3 91.31 +0.69 .7473 TrendAggDiv TADS .0 28.54 +0.31 2.617 WisdTrEMMulti EMMF .0 26.07 +0.03 .0935
iShMSCISpain EWP 2.5 27.88 +0.25 .0677 LeaderAlphaFactor LSAT .3 33.47 +0.63 .0895 ProShUltMC400 MVV .1 63.18 +1.00 .0092 SPDRMomentumTilt MMTM .8 173.79 +5.53 .3601 TrendAggGrowth TAAG .0 27.47 +0.24 4.0115 WisdTrEM SC DGS .8 51.90 +0.34 .1086
iShMSCISweden EWD .8 47.09 +1.84 .2946 LeaderAlphaUSCore LSAF .2 32.03 +0.75 .0188 ProShUltOilGas DIG 3.0 115.13 –9.91 .8681 SPDRS&P1500ValTilt VLU 2.0 142.02 +1.98 .7108 TrueESGActOpps ECOZ .4 37.08 +0.98 .136 WTEnhCmdStrategyFd GCC ... 20.37 +0.10 ...
iShMSCISwitz EWL 1.4 46.22 +1.27 .0226 LeaderShEqSkew SQEW .7 35.73 –0.05 .2592 ProShUltraQQQ QLD ... 130.75 +9.45 ... SPDR S&P500MidGr MDYG .5 76.97 +0.69 .0893 TrueShLowVol DIVZ 1.0 27.70 +0.24 .0725 WisdTrEuropeHdg HEDJ .4 73.98 +0.58 .0797
iShMSCITaiwan EWT 1.6 60.90 +0.59 .9727 LeatherbackL/S LBAY 3.1 23.05 +0.04 .06 ProShrUltraRE URE .0 74.71 +0.72 .3023 SPDR S&P400MidVl MDYV 1.8 66.86 +0.68 .2948 TrueTechAI LRNZ ... 42.42 +0.95 ... WisdTrEuropeHdgSM EUSC .3 34.43 ... .0273
iShMSCIThailand THD 2.2 79.98 –2.46 .4504 LeutholdCore LCR .6 29.71 +0.42 .1752 ProShrUltraRus UWM .0 113.48 –1.30 .0067 SPDRS&P600SmallCap SLY 1.0 94.90 –0.35 .243 UBS FIEnhGlbHY FIHD ... 213.92 +4.94 ... WisdTrEurQualDiv EUDG 2.4 32.27 +0.66 .1933
iShMSCIUSAESGSelct SUSA 1.1 91.09 +2.26 .2505 MatlsSelSectorSPDR XLB 1.6 80.05 +0.56 .3275 ProShUltraS&P SSO .3 110.17 +5.72 .0696 SPDR S&P600SCpGr SLYG .6 86.88 –0.39 .0844 UBS FIEnhLCGrw FBGX ... 623.90 +46.90 ... WisdTrEuropeSC DFE .8 72.29 +1.25 .1468
MerlynAIBullBr WIZ .7 34.16 +0.25 .0034 SPDR S&P600SCapVal SLYV 1.2 82.59 –0.26 .3448 WisdTrFRTrea USFR .0 25.10 –0.02 .003
iShMSCIUSAEqWeight EUSA 1.2 80.37 +1.14 .2203 MicroSecCannabis MJJ ... 81.17 +0.24 ... ProShUltSemi USD .0 133.33 +5.67 .0255 SPDR Aero Dfns XAR .7 128.10 +1.61 .6462 USCF Midstream UMI ... 25.24 –0.13 ... WisdTrGlbxUSQual DNL 1.6 79.92 +1.02 .3137
iShMSCIUSAMCMult MIDF .8 35.78 +0.46 .074 MicroSecCannabis2X MJO ... 103.84 +0.28 ... ProShrUl7-10Trs UST .3 66.16 +0.30 .0502 SPDRS&PBank KBE 2.4 52.63 +0.36 .32 USCF SummerDynCom SDCI ... 18.29 +0.17 ... WisdTrGlbxUSREFd DRW .6 26.85 +0.20 .0416
iShMSCIUSAMulti LRGF 1.1 41.98 +0.88 .1015 MicroFANG+ETN FNGS ... 30.18 +1.41 ... ProShUltSilver AGQ ... 43.93 +1.11 ... SPDRS&PCapitalMkts KCE 1.5 87.40 +1.18 .33 USEquCumDiv2027 IDIV 13.3 10.09 –0.12 .1275 WisdTrGlbHiDiv DEW 2.1 47.29 +0.25 .245
iShMSCIUSASize SIZE 1.2 123.10 +1.74 .3496 MicroSectFANG+Invr GNAF ... 14.69 –0.71 ... ProShUltSC600 SAA .0 151.02 –1.38 .0318 SPDREmMktsDiv EDIV 1.3 29.83 –0.01 .0947 USEquityxDiv2027 XDIV ... 92.37 +2.65 ... WisdTrGrwLdrs PLAT .1 47.41 +1.74 .0474
iShMSCIUSASCMul SMLF .6 53.55 +0.18 .0748 MicroFANG-3XInvr FNGD ... 3.09 –0.50 ... ProShUltTech ROM ... 86.19 +7.70 ... SPDR S&P EM SC EWX 2.9 56.52 +0.79 .8081 USGlbGOGold GOAU .2 20.12 +0.91 1.0359 WisdTrIndiaEarn EPI .6 31.45 –0.46 .0434
iShMSCIUK EWU 2.3 32.11 +0.44 .3319 MicroSectorsFANG3X FNGU ... 33.50 +4.23 ... ProShUltTelecom LTL .5 47.10 +0.69 .0615 SPDR S&P500 ESG EFIV 1.3 38.47 +1.15 .1284 U.S.GlobalJetsETF JETS .0 27.30 +0.25 .0086 WisdTrIndiaxSOE IXSE .0 30.44 –0.40 .015
iShMSCIWorldETF URTH 1.4 122.56 +2.78 .7935 MicroFANG-2XInvr FNGZ ... 3.29 –0.33 ... ProShUlt20YrTr UBT ... 47.06 +0.01 ... SPDRS&P500Fossil SPYX 1.2 102.04 +2.86 .3162 USVeganClimate VEGN .6 37.61 +1.07 .0389 WisdTrIntDivxFin DOO 3.8 42.96 +0.25 .4071
iShMornGrw ILCG .2 305.17 +11.85 .0204 MicroSectFANG+2X FNGO ... 42.69 +3.71 ... ProShrUltraUtil UPW 1.2 61.02 +1.57 .1853 SPDRS&PGlbDividend WDIV 2.5 67.07 +0.62 .4246 UtilitiesSelSector XLU 2.8 64.82 +0.84 .4608 WisdTrIntlEquity DWM 2.1 53.74 +0.66 .285
iShMornMC IMCB .9 257.88 +3.37 .1267 MicroSecGold3XInvr GDXD ... 20.76 –2.56 ... ProShUltraYen YCL ... 52.78 +0.91 ... SPDRS&PGlbInfr GII 3.0 52.47 +0.59 .7792 VanEckMerkGoldTr OUNZ ... 16.97 +0.12 ... WisdTrIntlHdgQual IHDG 2.1 42.29 +0.62 .2179
iShMornMCGrw IMCG .1 391.45 +7.59 .0084 MicroSecGold3XLvgd GDXU ... 18.73 +1.78 ... ProShUltDow30 UDOW .3 137.47 +7.62 .1181 SPDRS&PGlbNatRes GNR 3.0 50.89 ... .4833 VanEckAfrica AFK 3.7 21.42 +0.06 .796 WisdTrIntlHiDiv DTH 3.1 39.87 +0.30 .3077
iShMornSC ISCB 1.1 228.78 +0.47 .1471 MicroUSBigBk3X BNKD ... 17.46 –0.93 ... ProShUltMC400 UMDD .0 152.27 +3.76 .0229 SPDRS&PHlthCareEqp XHE ... 121.60 +1.72 ... VanEckAgribus MOO 1.0 88.60 +0.82 .8564 WisdTrIntlLC Div DOL 2.7 48.37 +0.60 .3321
iShMornSCGrw ISCG .1 305.03 –0.25 .0082 MicroUSBigBk3X BNKU ... 47.47 +2.49 ... ProShUltRus2000 URTY .0 108.87 –1.94 .0027 SPDRS&PHlthCareSvs XHS .2 107.31 +0.29 .0326 VanEckBDCIncome BIZD 8.9 16.63 +0.57 .3708 WisdTrIntlMC Div DIM .4 68.47 +0.66 .0693
iShMornSCValue ISCV 1.6 170.94 +0.06 .2853 MicrUSBigOil3InLv NRGD ... 20.25 +2.86 ... ProShUltS&P500 UPRO .1 100.91 +7.76 .0289 SPDRS&PInsurance KIE 1.8 37.65 +0.53 .1725 VanEckBrazilSC BRF 1.7 20.23 +1.08 .3529 WisdTrIntlMult DWMF 1.7 25.86 +0.21 .1093
iShMornUS ILCB 1.1 232.79 +6.07 .1627 MicrUSBigOil3Lev NRGU ... 123.55 –23.25 ... ProShUltShtDow30 SDOW ... 9.02 –0.55 ... SPDRS&PInternetETF XWEB .0 178.10 +3.93 .2548 VanEckChinaGrwth GLCN .2 44.57 –0.97 6.0309 WisdTrIntlSC DLS 1.2 74.07 +1.00 .2308
iShMornValue ILCV 2.5 125.74 +1.87 .3563 MorganExosSpac SPXZ ... 21.12 –0.20 ... ProShShtMC400 SMDD ... 7.35 –0.22 ... SPDRS&PKenCleanPwr CNRG .7 108.44 –5.11 .1955 VanEckChinaBond CBON 3.2 23.73 +0.09 .0638 WisdTrJapanHdg DXJ .0 61.33 –0.36 .7923
iShNatlMuniBd MUB 1.9 116.32 +0.32 .1822 MSCushMLPHI MLPY 9.3 4.16 –0.03 .0779 ProShShtRus2000 SRTY ... 10.42 +0.14 ... SPDRS&PKenFinalFr ROKT 5.7 41.28 +0.72 .5868 VanEckSMEChiNxt CNXT .0 44.80 –1.12 .0038 WisdTrJapanSC DFJ .0 76.83 +0.42 .9438
iShNewYorkMuniBd NYF 2.0 57.95 +0.31 .0899 NationwideMaxDivUS MXDU 1.7 39.01 +0.69 .6615 ProShUltS&P500 SPXU ... 21.09 –1.81 ... SPDRS&PKenFut FITE 2.2 49.59 +0.89 .2753 VanEckEgypt EGPT 2.6 24.45 –0.53 .625 WisdTrMgdFut WTMF .4 39.10 +0.12 .1728
iShResidentMultiRE REZ 2.8 75.84 +0.37 .4672 NationRiskBaseIntl RBIN 1.8 27.57 +0.31 .4885 ProShUltShrt20YTr TTT ... 43.64 –0.08 ... SPDRS&PKenInt SIMS .7 46.46 +0.45 .0823 VanEckEM AggBd EMAG 4.5 20.67 –0.04 .0778 WisdTrMtgPlBdFd MTGP 1.7 50.77 –0.06 .073
iShRobotics&AI IRBO .5 44.57 +0.57 .1725 NationRiskBasedUS RBUS 1.3 36.73 +0.87 .4651 ProShUltShtAUD CROC ... 44.80 –0.59 ... SPDRS&PKenNewEc KOMP 1.3 68.65 +0.40 .2246 VanEckEMHYBond HYEM 5.5 23.59 –0.02 .1086 WisdTr90/60USBal NTSX .9 38.69 +1.01 .0888
iShRussell1000Gwth IWF .6 256.79 +9.91 .3519 NationRiskMgd NUSI 7.7 27.51 +0.58 .1748 ProShUSBscMtls SMN ... 7.78 ... ... SPDRS&PKenSmart HAIL 1.7 61.97 –0.10 .2622 VanEckEnerIncm EINC 4.7 49.09 –0.57 .3943 WisdTrUSDivxFin DTN 1.5 94.98 +0.38 .115
iShRussell1000 IWB 1.2 232.57 +6.09 .7169 NatixisShrtDur LSST 1.2 25.27 +0.04 .1631 ProShUltBloomCrd SCO ... 6.95 +0.30 ... SPDRS&PNAmNatlRscs NANR 2.9 39.25 –0.16 .3404 VanEckEnvironSvcs EVX .3 136.45 +1.64 .3906 WisdTrUSHiDiv DHS 6.1 77.17 +0.58 .3919
iShRussell1000Val IWD 1.7 154.83 +1.97 .6137 NatixisUSEqOpps EQOP .0 32.52 +1.07 .0311 ProShUltShBlmGas KOLD ... 41.55 +3.05 ... SPDRS&POil&GasEq XES 2.0 51.07 –4.01 .7085 VanEckGoldMiner GDX .5 34.73 +1.13 .1899 WisdTrUSLCDivFd DLN 2.6 117.37 +2.12 .2495
iShRussell2000Gwth IWO .4 302.95 –2.02 .224 NatixisVaughanMC VNMC .1 33.69 +0.12 .1212 ProShUSCnsmrGd SZK ... 8.08 –0.29 ... SPDRS&PRegionalBkg KRE 2.0 67.42 +0.60 .3393 VanEckGreenBd GRNB 1.8 27.18 +0.04 .0416 WisdTrUSLCFd EPS 1.6 44.76 +1.05 .1694
iShRussell2000 IWM .9 222.59 –1.15 .3981 NatixisVaughanNel VNSE .1 30.86 +0.60 .0171 ProShUSCnsmrSvc SCC ... 9.76 –0.67 ... SPDRS&PSft&Svs XSW .0 163.38 +2.51 .0033 VanEckIndiaGrwth GLIN .2 34.55 +0.41 .0783 WisdTrUSMCDivFd DON 2.0 41.10 +0.12 .0652
iShRussell2000Val IWN 1.3 160.65 –0.67 .3915 NETLeaseCpRlEst NETL 3.3 28.08 +0.13 .0966 ProShUltDow30 DXD ... 9.96 –0.40 ... SPDRS&PTelecom XTL .8 96.59 +1.79 .1969 VanEckIndonesia IDX 1.8 19.19 –0.08 .3429 WisdTrUSMCFd EZM .2 51.93 +0.37 .0296
iShRussell3000 IWV 1.2 245.98 +5.66 .6908 NiftyIndiaFinls INDF ... 31.56 –1.31 ... ProShUltShEuro EUO ... 23.69 –0.48 ... SPDRS&PTransport XTN 1.2 89.29 +0.93 .6833 VanEckIntlHYBd IHY 4.6 25.62 +0.22 .0985 WisdTrUSQualShr QSY 1.5 115.05 +1.52 .4451
iShMicro-CapETF IWC .7 147.41 –1.61 .1608 NoShoreGlUran URNM 1.8 61.25 +2.32 1.1043 ProShUltChina50 FXP ... 30.20 +1.08 ... SPDRSSGAFxScRt FISR 1.9 30.88 +0.05 .0483 VanEckInvtGrFR FLTR .8 25.35 +0.01 .016 WisdTrUSSCDiv DES .0 31.62 +0.14 .001
iShRussellMid-Cap IWR 1.1 76.15 +1.13 .1922 NuvESGHYCorpBd NUHY 4.8 24.80 +0.11 .0989 ProShrUltShFTSEEur EPV ... 13.52 –0.52 ... SPDRGenderDivers SHE 1.2 98.12 +2.11 .3001 VanEckIsrael ISRA .2 45.43 +0.53 .0763 WisdTrUSSCFd EES .9 47.86 –0.07 .0734
iShRussellMCValue IWS 1.4 111.71 +1.20 .3825 NuvESGUSAggBd NUBD 2.0 25.86 +0.02 .0442 ProShUltShFin SKF ... 11.42 –0.42 ... SPDR US LC Low Vol LGLV 2.3 128.58 +2.28 .7254 VanEckJPMEMLCBd EMLC 5.3 31.00 +0.34 .1361 WisdTrUSTotalDivFd DTD 2.4 115.66 +1.89 .23
iShRussellTop200Gr IWY .6 142.56 +6.02 .216 NuvEnhYd1-5Y NUSA 2.3 25.28 +0.04 .0484 ProShUltShGold GLL ... 36.34 –0.62 ... SPDR SSGA US XLSR .7 42.92 +1.32 .0759 VanEckJrGold GDXJ 1.8 48.65 +1.93 .8554 WisdTrUSTMFd RESP 1.0 45.37 +0.99 .1017
iShRussellTop200 IWL 1.2 98.66 +2.87 .3071 NuvEnhYdUSAgg NUAG 3.3 24.75 +0.05 .0677 ProShrUSHlthCr RXD ... 8.65 –0.22 ... SPDR US SC LowVol SMLV 1.6 113.03 +0.26 .4456 VanEckLong/Flat LFEQ 1.9 38.16 +1.02 .7143 WisdTrYdUSAggBd AGGY 2.1 51.60 +0.24 .09
iShRussellTop200Vl IWX 1.9 64.96 +0.85 .2882 OverlayCoreBd OVB 3.4 25.63 –0.16 .2582 ProShUltShIndls SIJ ... 7.72 –0.40 ... SPDRSSgAGlbAll GAL .7 44.79 +0.50 .0791 VanEckLowCarbon SMOG .1 155.48 –3.83 .0918 XtrkFTSEDevxUS DEEF 2.6 31.87 +0.47 .0844
iShS&P100 OEF 1.3 188.03 +6.17 .5682 OverlayFgnEqu OVF 4.0 26.28 +0.37 .1299 ProShUltra7-10 PST ... 17.05 –0.09 ... SPDRSSgAIncmAllctn INKM 3.0 35.00 +0.19 .2595 VanEckMtgREIT MORT 7.0 18.80 –0.04 .3274 XtrkrsHarvCSI300 ASHR .8 38.45 –0.64 .3248
iShS&PMC400Growth IJK .6 80.21 +0.55 .0915 OverlayHdgLC OVLH ... 26.58 +0.79 ... ProShUltBrazil BZQ ... 9.36 –0.65 ... SPDRSSgAMultiAsset RLY .6 26.96 +0.06 .0373 VanEckNatRscs HAP 2.1 45.17 +0.06 .9444 XtrkrsHarvCSI500 ASHS .4 35.17 +0.17 .1531
iShS&P500Growth IVW .7 68.79 +2.73 .0974 OverlayLCEq OVL 2.4 35.30 +0.76 .2896 ProShrUS MSCI EAFE EFU ... 11.13 –0.35 ... SPDRSSgAUltraShrt ULST .7 40.46 +0.02 .0234 VanEckOilRefin CRAK 2.4 27.00 –0.71 .66 XtrkrsHiBetHYBd HYUP 7.1 48.17 +0.15 .2837
iShGlobalEnergyETF IXC 4.1 24.33 –0.76 .5958 OverlayMuniBd OVM 3.4 25.84 –0.12 .2526 ProShUltMSCIEM EEV ... 15.99 +0.13 ... SPFdsDJGlbSukuk SPSK 2.5 19.99 –0.03 .042 VanEckOilSvcs OIH 1.0 184.51 –12.29 1.8911 XtrkIntlRealEst HAUZ 3.2 27.94 +0.33 .5446
iShGlobalHealthcr IXJ 1.2 78.02 +0.88 .4391 OverlayShTermBd OVT 3.4 24.95 –0.05 .2092 ProShrUS MSCI Jpn EWV ... 13.51 –0.18 ... SPFdsS&P500Sharia SPUS 1.1 27.38 +0.84 .026 VanEckPfdSecsxFin PFXF 2.6 20.99 +0.20 .0453 XtrkrsJpnJPXNik400 JPN 1.9 33.61 +0.15 .3597
iShGlobalTechETF IXN .6 326.80 +12.88 .9224 OverlaySCEq OVS 1.9 35.88 –0.27 .2659 ProShUltMC400 MZZ ... 9.35 –0.20 ... SPFdsS&PGlShar SPRE 3.8 21.44 +0.25 .067 VanEckRareEarth REMX .7 77.43 +1.12 .5348 XtrrsLowBetHYBd HYDW 4.3 50.51 +0.09 .1356
iShGloblFinancials IXG 1.8 75.17 +1.00 .604 PGIMActHYBd PHYL 5.6 41.06 +0.22 .1931 ProShrUSOilGas DUG ... 15.93 +1.22 ... SchwabEM Equity SCHE 3.4 31.83 –0.21 .5342 VanEckRealAsset RAAX 5.7 24.25 –0.13 1.392 XtrkACWIxUSESGLd ACSG 1.6 33.22 +0.20 .2942
iShS&P500Value IVE 2.0 144.02 +1.84 .6872 PGIMQMAStrAlphaItl PQIN .0 61.09 +0.78 .2895 ProShUltShtQQQ QID ... 23.33 –1.89 ... Schwab5-10YCpBd SCHI 2.0 51.62 +0.18 .0871 VanEckSocSent BUZZ ... 25.03 +0.54 ... XtrkrsMSCIAllChina CN .8 44.76 –0.75 .3499
iShIntlDevProperty WPS 2.3 37.14 +0.67 .2967 PGIMStratAlphLC PQLC .0 68.30 +1.20 .3156 ProShrUSRlEst SRS ... 9.95 –0.10 ... SchwabFundEmgLrg FNDE 3.7 30.61 –0.07 .5603 VanEckSteel SLX 1.5 55.78 +0.26 .8333 XtrkrsMSCIAWxUS HDAW 4.5 25.67 +0.22 .2603
iShGlobalConsDiscr RXI .6 168.43 +3.83 .4877 PGIMQMAStrAlSCG PQSG .0 71.41 –0.02 .2979 ProShUltShRus2000 TWM ... 14.53 +0.14 ... SchwabFundIntLrgCo FNDF 2.7 32.69 +0.27 .4378 VanEckUnOil&Gas FRAK 1.1 106.23 –7.05 1.2069 XtrkrsMSCIAWxUS DBAW 1.9 33.03 +0.08 .3964
iShGlobalUtilities JXI 2.6 61.67 +1.06 1.0094 PGIMQMAStrAlSCV PQSV .6 63.82 –0.05 .0991 ProShUltShtS&P500 SDS ... 9.96 –0.55 ... SchwabFundIntlSmCo FNDC 2.6 38.42 +0.50 .4901 VanEckUranium NLR 2.1 53.25 +0.74 1.0964 XtrkMChinaAIncl ASHX .8 28.52 –0.27 .2365
iShGlobalMaterials MXI 1.1 89.25 +1.60 .5874 PGIMUltraShBd PULS 1.2 49.81 ... .0512 ProShrUSSemi SSG ... 9.03 –0.47 ... SchwabFundUSBrd FNDB 1.4 52.38 +0.54 .1873 VangdCnsmrDiscr VCR .1 308.98 +10.82 .1095 XtrkESGLeaders EASG 1.6 30.63 +0.47 .2343
iShGloblIndustrial EXI 1.0 118.90 +2.03 .594 PIMCO25+YrZeroCoup ZROZ 1.9 134.48 –0.01 .61 ProShUltShtSilver ZSL ... 6.54 –0.19 ... SchwabFundUSLrgCo FNDX 1.5 52.76 +0.67 .2027 VangdCnsmrStpls VDC 2.1 179.90 +2.18 .9598 XtrkrsMSCIHiDiv HDEF 4.3 24.27 +0.29 .2597
iShrsSP GSCI Cmdty GSG ... 14.07 –0.07 ... PIMCO ActiveBd BOND 2.5 109.84 +0.27 .23 ProShUlShtSC600 SDD ... 6.62 +0.04 ... SchwabFundUSSmCo FNDA .3 51.47 +0.08 .0364 VangdExtMkt VXF 1.3 181.39 +1.64 .6068 XtrkrsMSCIEAFE DBEF 2.2 37.00 +0.29 .3718
iShS&PMC400Value IJJ 1.4 104.11 +0.94 .3739 PIMCOBrdUSTIPSIdx TIPZ 3.0 64.20 –0.07 .16 ProShrUSTech REW ... 11.04 –1.15 ... SchwabIntmUSTrsr SCHR 1.1 56.56 +0.10 .0505 VangdInfoTech VGT .7 381.95 +15.98 .6292 XtrkrsMSCIEMESG EMSG 1.3 34.19 –0.40 .1646
iShS&PSC600Value IJS .9 101.36 –0.50 .341 PIMCOEnhLowDur LDUR 1.1 101.87 –0.05 .09 ProShUltraSh20+ TBT .0 21.09 –0.03 .0003 SchwabIntEquity SCHF 2.6 38.69 +0.54 .5097 VangdMatrls VAW 1.3 175.11 +0.56 .5571 XtrkrsMSCIEM DBEM 1.7 28.78 –0.23 .3725
iShGlblConStaples KXI 2.3 59.28 +1.06 .7822 PIMCOEnhShMaturESG EMNT .7 100.65 +0.08 .06 ProShrUSUtil SDP ... 16.60 –0.46 ... SchwabIntlSC SCHC 3.0 40.89 +0.73 .6089 VangdSC Grwth VBK .3 281.14 +1.70 .1911 XtrkrsMSCIEurope DBEU 2.2 33.19 +0.44 .3359
iShNATech-Mult IGN .4 69.05 +0.81 .0555 PIMCOEnhShMaturity MINT .5 101.92 +0.03 .039 ProShUltShtYen YCS ... 76.20 –1.37 ... SchwabLTUSTrea SCHQ 1.8 47.97 +0.16 .073 VangdSC Val VBR 1.5 168.08 +0.45 .6362 XtrkrsMSCIEurozone DBEZ 1.8 36.72 +0.17 .372
iShSelfDrvngEV IDRV .6 47.50 +0.70 .0052 PIMCO15+USTIPSIdx LTPZ 3.6 79.88 –1.02 .24 Qraft AI US Hi Div HDIV 1.7 29.82 +0.25 .0711 Schwab1-5YCpBd SCHJ .6 51.02 +0.07 .0267 VangdCommSvcs VOX .6 136.81 +4.36 .20 XtrkrsMSCIGermany DBGR 2.6 32.23 +0.30 .4734
iShShortNatlMuniBd SUB .9 107.79 +0.06 .0816 PIMCOIntermMuniBd MUNI 1.6 56.41 +0.25 .074 QRAFT AI US LC QRFT .1 40.11 +1.15 .6683 Schwab1000Index SCHK 1.1 40.93 +1.04 .1137 VangdDivApp VIG 1.4 150.88 +2.79 .5131 XtrkrsMSCIJapan DBJP 2.3 50.22 –0.01 .01
iShSilver SLV ... 23.41 +0.26 ... PIMCOInvGrdCorpBd CORP 2.5 112.07 +0.42 .23 QRAFTAIUSLCMom AMOM .1 34.75 +0.91 7.7737 SchwabSrtTRmUSTrsr SCHO .5 51.29 +0.01 .0231 VangdEnergy VDE 4.1 66.78 –3.05 .6877 XtrkMSCIKokusai KOKU 1.1 78.10 +2.73 .2451
iShTIPSBondETF TIP 2.9 125.36 –0.20 .3001 PIMCO1-5USTIPSIdx STPZ 3.5 54.79 +0.06 .16 QraftAINxtValue NVQ .6 31.52 +0.36 .0895 SchwabUS AggrBd SCHZ 2.2 54.10 +0.09 .1006 VangdExDurTreas EDV 2.0 126.94 –0.23 .6456 XtrkUSAESGLdrs USSG 1.2 37.79 +0.93 .0938
iSh10+YIGCpBd IGLB 3.3 67.35 +0.05 .1858 PIMCO DynMultEM MFEM .4 29.25 +0.24 .03 QuadIntRtVol IVOL 3.6 28.51 +0.08 .0862 SchwabUS BrdMkt SCHB 1.1 100.15 +2.32 .2805 VangdAWxUSSC VSS .0 132.49 +2.03 1.9669 XtrkrsMuniInfra RVNU 2.5 29.07 +0.21 .0549
iShTreaFRBd TFLO .0 50.30 ... .001 PIMCO DynMultIn MFDX 1.4 29.04 +0.36 .10 RoboGlbAI THNQ ... 41.25 +0.70 ... SchwabUS Div SCHD 2.7 74.26 +0.94 .5026 VangdFTSEDevMk VEA 1.8 50.56 +0.81 .2312 XtrkRuss1000USQu QARP 1.4 38.29 +0.88 .1273
iShDowJonesUS IYY 1.2 103.64 +2.59 .3035 PIMCO DynMultUS MFUS 1.4 37.19 +0.58 .13 RoboGlbHlthTch HTEC ... 44.92 +0.53 ... SchwabUS LC SCHX 1.1 99.89 +2.66 .2868 VangdFTSE EM VWO .5 52.20 –0.32 .0684 XtrkRussUSMulti DEUS 1.2 42.96 +0.57 .049
iShChinaLC FXI 2.2 46.53 –0.92 .6836 PIMCO RAFI ESG US RAFE 1.2 29.81 +0.52 .09 RoboGlblRobotics ROBO .2 65.72 +0.89 .1192 SchwabUS LC Grw SCHG .4 137.98 +5.90 .1335 VangdFTSE Europe VGK 1.7 65.19 +1.18 .2709 XtrkS&P500ESG SNPE 1.1 36.22 +1.04 .0769
iShRussellMCGrowth IWP .3 106.35 +2.40 .0516 PIMCOShrtTrmMuniBd SMMU .7 51.40 +0.07 .0281 RPAR RiskParity RPAR .6 23.01 +0.08 .0357 SchwabUS LC Val SCHV 1.7 66.53 +0.72 .2899 VangdFTSE Pac VPL .8 83.34 +0.94 .1566 XtrkS&PMC400ESG MIDE ... 26.52 +0.28 ...
iShUSBrokerDealers IAI 1.1 94.99 +1.34 .2343 PIMCO0-5YrHiYdCorp HYS 4.5 99.08 +0.08 .37 RayliantQuanCn RAYC ... 26.23 –0.02 ... SchwabUS MC SCHM .4 76.32 +0.79 .0754 VangdFinls VFH 1.8 87.02 +1.49 .383 XtrkS&PSC600ESG SMLE ... 26.07 –0.06 ...
iShUSTechBreak TECB .4 37.45 +1.35 .0414 PPTYUSDivrsRealEst PPTY 3.1 32.37 +0.22 .2439 RealEstSectorSPDR XLRE 3.8 40.34 +0.22 .3823 SchwabUS REIT SCHH .2 41.99 +0.15 .025 VangdFTSEAWxUS VEU 1.1 61.97 +0.52 .1642 XtrkrsShDurHYBd SHYL 6.0 47.85 +0.12 .1878
iShUSTech IYW .4 93.96 +4.24 .0935 PacerAmEnIndepend USAI 5.7 21.54 –0.27 .12 RenaissanceIPO IPO ... 64.34 +0.88 ... SchwabUS SC SCHA .9 101.03 +0.04 .2167 VangdGrowth VUG .6 272.14 +10.76 .3809 XtrkrsUSDHYCorpBd HYLB 4.5 50.05 +0.20 .1519
April 12, 2021 BARRON’S M23

Complete FOREIGN EXCHANGE LIST: Page M34 Foreign Markets Key Cross Rates $1=€0.8402, ¥109.67, £.7297

Europe GLOBAL STOCK MARKETS Asia

Taking Off: German exports recovered, and In Local Currencies In U.S. Dollars 1 Heating Up: Inflation picked up in China, with
Airbus aircraft deliveries rose in March. Week's Week's higher March consumer and producer prices.
Index % Chg. 4/09 52-wk Range % Chg. 4/09 52-wk Range
S&P Europe BMI 1.13% The World 2.2 2194.3 2194.3– 1493.8 2.4 2910.1 2910.1– 1932.2 S&P Pan Asia BMI 0.02%
E.A.F.E.2 0.9 1275.7 1275.7– 949.5 1.8 2262.5 2262.7– 1573.5
Sweden 2.76 Australia 2.3 1371.8 1372.8– 1033.4 2.6 934.6 956.6– 581.4 Australia 2.51
Austria –1.1 558.1 568.1– 333.0 0 1253.8 1273.2– 682.6
U.K. 2.57 Belgium 0.3 934.7 952.5– 731.6 1.4 1377.4 1426.2– 980.6 Taiwan 1.83
Canada 1.2 2410.5 2410.5– 1758.3 1.3 2076.2 2076.2– 1344.4
Greece 2.01 Denmark 2.0 12632.6 12720.2– 8965.8 3.1 15148.0 15563.2– 9818.8 Singapore 1.78
Finland 0.8 789.4 811.8– 577.9 1.9 622.6 651.1– 416.3
Denmark 1.94 France 1.2 2229.8 2229.8– 1555.0 2.3 2240.9 2241.5– 1421.3 Philippines 1.73
Germany 0.9 1115.9 1115.9– 781.7 2.0 2481.9 2481.9– 1588.7
Finland 1.28 Greece 2.3 43.3 43.3– 30.9 3.4 19.1 19.1– 13.3 New Zealand 1.52
Hong Kong 1.1 18461.9 19150.6– 13252.0 1.1 13182.9 13715.3– 9493.9
Switzerland 1.22 Ireland 0.9 282.3 282.5– 177.5 2.0 256.0 258.9– 147.6 Malaysia 1.36
Italy –1.2 780.0 790.9– 537.0 –0.1 299.4 303.5– 188.3
France 1.11 Japan –0.6 1196.9 1223.4– 850.9 0.3 3938.1 4122.5– 2846.7 India 1.02
Netherlands 1.0 2555.9 2555.9– 1591.5 2.1 4978.0 4978.0– 2851.4
Netherlands 0.95 New Zealand 1.2 180.3 206.0– 168.8 1.6 192.9 226.8– 155.4 Hong Kong 0.87
Norway –0.2 3067.8 3108.3– 2383.9 0 2573.8 2626.3– 1619.4
Germany 0.83 Portugal3 2.5 103.0 107.6– 82.9 3.6 80.2 86.4– 59.6 Indonesia 0.54
Singapore 0.2 1677.9 1688.6– 1281.2 0.5 3849.2 3878.2– 2872.8
Belgium 0.37 Spain 0.1 830.1 839.9– 622.2 1.2 415.2 426.2– 283.5 South Korea 0.32
Sweden 2.2 18214.7 18214.7– 11588.3 4.3 11020.2 11020.2– 5996.5
Norway 0.30 Switzerland 1.2 1502.9 1502.9– 1259.3 3.2 6975.9 7019.7– 5601.9 -0.52 Japan
U.K. 2.7 1938.9 1946.7– 1561.4 2.0 1109.3 1113.8– 820.5
0.00 Spain U.S.A. 2.7 4009.6 4009.6– 2608.7 2.7 4009.6 4009.6– 2608.7 -1.68 China
Base Jan. 1, 1970=1001Adjusted for foreign exchange fluctuations relative to the U.S. $.
2Europe, Australasia, Far East Index.3Base: Jan. 1, 1988=100.
-1.04 Italy -1.88 Thailand
Source: Morgan Stanley Capital International Perspective, Geneva.
Indexes based on S&P Global Broad Market Indices Source: S&P DJ Indices Indexes based on S&P Global Broad Market Indices Source: S&P DJ Indices

KEY FOREIGN STOCK MARKET INDEXES S&P Global Broad Market Indices
S&P Global S&P Global SP Global Point
Most Recent Week’s Year-to-Date Most Recent Week’s Year-to-Date Indexes, Indexes, Indexes, Chg. % Chg.
Close %Chg. Chg. % Chg. Close %Chg. Chg. % Chg. Region/ Local Curr. Wkly U.S. $ Wkly U.S. $ on From From
Country 04/09/21 % Chg. 04/09/21 % Chg. 12/31/20 12/31/20 12/31/20
Amsterdam AEX 713.36 +0.70 +88.75+14.21 Mexico City IPC 47627 +0.81 +3560.79 +8.08 Americas 453.97 2.36 413.23 40.74 9.86
Brazil 1171.16 2.29 235.26 2.98 260.65 — 25.38 — 9.74
Athens General 891.69 +1.88 +82.70+10.22 Milan FTSE All Share 26800 –0.38 +2598.04+10.73 Canada 593.50 1.19 600.89 1.34 535.57 65.32 12.20
Chile 344.54 1.52 212.55 2.33 179.61 32.94 18.34
Bangkok SET 1566.34 –1.87 +116.99 +8.07 Moscow RTS 1417.77 –2.72 +30.31 +2.18 Mexico 797.98 0.81 319.62 1.60 299.89 19.73 6.58
U.S. 43142.13 2.38 43142.13 2.38 39219.62 3922.51 10.00
Bombay Sensex 49591 –0.88 +1839.99 +3.85 Oslo Composite 1147.37 +0.07 +99.78 +9.52 Latin America 246.32 2.62 258.38 — 12.06 — 4.67
Europe 455.84 2.24 427.18 28.66 6.71
Brussels Bel-20 3941.69 +0.08 +320.41 +8.85 Paris CAC 6169.41 +1.09 +618.00+11.13 Austria 315.71 — 0.16 311.57 0.94 283.22 28.34 10.01
Belgium 348.45 0.37 343.88 1.47 341.04 2.84 0.83
Santiago Selective 3376.74 +1.49 +519.13+18.17 Denmark 2485.41 1.94 2488.40 3.05 2493.20 — 4.80 — 0.19
Buenos Aires Merval 48845 +1.80 –2380.50 –4.65
Finland 1673.72 1.28 1651.73 2.39 1570.81 80.92 5.15
Sao Paulo Bovespa 117669 +2.10 –1347.34 –1.13 France 457.56 1.11 451.55 2.22 420.20 31.35 7.46
Copenhagen OMX 20 1501.13 +2.00 +35.96 +2.45
Germany 545.34 0.83 538.18 1.94 503.68 34.50 6.85
Seoul Composite 3131.88 +0.61 +258.41 +8.99 Greece 20.92 2.01 22.59 3.13 20.52 2.08 10.11
Dublin ISEQ 8127.11 +0.29 +750.78+10.18
Ireland 803.48 0.25 792.92 1.35 734.58 58.35 7.94
Shanghai Composite 3450.68 –0.97 –22.39 –0.64 Italy 242.06 — 1.04 238.88 0.05 223.18 15.71 7.04
EURO STOXX SXXE 438.61 +0.74 +41.05+10.33
Netherlands 926.41 0.95 914.24 2.06 792.39 121.85 15.38
Shenzhen B Share Idx 1135.55 –0.28 +48.83 +4.49 Norway 686.32 0.30 564.10 0.50 515.56 48.54 9.42
EURO STOXX 50 SXSE 3978.84 +0.83 +426.20+12.00
Portugal 66.38 2.06 71.70 3.18 72.32 — 0.62 — 0.86
Singapore FTSE STI 3184.54 +0.09 +340.73+11.98 Russia 2485.61 — 2.39 257.92 — 3.37 253.04 4.88 1.93
Frankfurt DAX 15234 +0.84 +1515.38+11.05 Spain 383.30 0.00 378.27 1.10 369.58 8.69 2.35
Stockholm OMXS 902.61 +2.69 +134.24+17.47 Sweden 1753.23 2.76 1447.01 4.77 1292.17 154.84 11.98
Helsinki OMHX 11660 +1.08 +788.81 +7.26 Switzerland 665.89 1.22 1050.26 3.16 1038.06 12.20 1.18
STOXX Europe 50 SXSP 3372.90 +1.14 +264.60 +8.51 United Kingdom 281.60 2.57 256.05 1.89 237.05 19.00 8.01
Hong Kong Hang Seng 28698 –0.83 +1467.67 +5.39 South Africa 995.68 — 1.79 332.80 — 1.51 294.27 38.53 13.09
STOXX Europe 600 SXXP 437.23 +1.16 +38.20 +9.57 Pacific Region 290.49 0.33 279.81 10.68 3.82
Istanbul IMKB 1393.24 –2.58 –83.48 –5.65 Australia 505.64 2.51 560.00 2.86 532.40 27.60 5.18
Sydney S&P/ASX 200 6995.20 +2.44 +408.10 +6.20
China 618.67 — 1.68 756.31 — 1.64 755.42 0.89 0.12
Jakarta Composite 6070.21 +0.98 +91.14 +1.52 Hong Kong 559.09 0.87 557.36 0.85 501.50 55.86 11.14
Taipel Weighted 16854 +1.71 +2121.57+14.40
India 1475.05 1.02 775.30 — 1.17 722.88 52.42 7.25
Johannesburg All Share 67191 –0.07 +7782.59+13.10 Japan 154.03 — 0.52 175.50 0.40 171.41 4.08 2.38
Tel Aviv 125 Index 1695.93 +1.40 +127.84 +8.15
Malaysia 251.95 1.36 159.49 1.61 163.45 — 3.96 — 2.42
Kuala Lumpur Composite 1612.25 +1.70 –14.96 –0.92 New Zealand 417.03 1.52 572.03 1.98 620.97 — 48.94 — 7.88
Tokyo Nikkei-225 29768 –0.29 +2323.89 +8.47
Philippines 336.72 1.73 276.78 1.72 303.05 — 26.27 — 8.67
LISBON PSI 3743.08 +1.46 –56.62 –1.49 Singapore 220.15 1.78 266.94 1.99 236.37 30.56 12.93
Toronto S&P/TSX 19228 +1.25 +1794.67+10.29
South Korea 1214.32 0.32 1835.52 1.26 1762.81 72.71 4.12
London FTSE - 100 6915.75 +2.65 +455.23 +7.05 Taiwan 169.54 1.83 194.68 2.09 170.46 24.22 14.21
Vienna ATX 3188.67 –0.27 +408.23+14.68
Thailand 345.90 — 1.88 529.77 — 2.20 514.57 15.20 2.95
Euro Zone 170.53 1.81 158.66 11.87 7.48
Madrid IBEX 35 8565.80 –0.14 +492.10 +6.10 Wellington S&P/NZX 50 12574 +0.69 –517.29 –3.95
Europe Developed (ex U.K.) 610.72 2.35 574.46 36.26 6.31
Europe (Nordic) 1382.42 3.51 1288.10 94.32 7.32
Manila Composite 6545.17 +1.58 –594.54 –8.33 Zurich Swiss 11238 +1.08 +535.01 +5.00
Pacific (ex. Japan) 407.90 0.30 390.05 17.85 4.58
World (ex US) 247.43 1.14 234.84 12.58 5.36
Indexes are based on local currencies. Because of various holidays and other market closings, the most recent close is not necessarily S&P Global Broad Market Indices 345.07 1.85 319.69 25.38 7.94
that of the week of publication. GLOBAL DOW 3885.76 1.19 3488.15 397.62 11.40
s2021 S&P Dow Jones Indices. All Rights Reserved.
M24 BARRON’S April 12, 2021

Mutual Funds Data provided by

Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. CASH TRACK NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
CaHYMu 11.12 0.05 1.1 17.6 GrowthA p 40.41 1.37 8.6 76.1 GlbTechGw I 66.35 2.18 8.6 119.9
A DivBnd 11.01 0.01 -2.4 14.9
All In: Money poured into stock and bond funds, lifting the last month’s average weekly
MktNeutA p 14.35 0.06 1.9 14.3 IncOppty n 9.91 0.05 1.0 18.1
EmgMkt 15.31 -0.12 1.5 25.0 MktNeutI 14.17 0.06 2.0 15.2 IntmMunBd I 10.56 0.03 0.2 13.4
AAM: EqInc 9.62 0.12 6.9 33.7 Calvert Investments: LgCapGr 15.34 0.49 2.3 90.8
B&GIncGroClI 22.51 0.33 8.9 47.1 FocusDynamGrowth 56.99 1.90 5.1 146.0 inflow at equity funds to $24 billion. Taxable-bond funds gained $13 billion, while muni- Bal A 40.98 NA NA NA LgCpGrow I n 60.16 2.24 10.1 91.4
AB Funds: Growth 51.16 1.96 7.5 92.0 Eq A p 71.11 1.97 6.6 86.4 LgCpIdx I n 62.40 1.67 10.3 66.2
AlBeGblBndFdClZ p 8.47 0.00 -2.0 11.4 IntTF 11.86 0.04 0.6 15.3
bond funds got $1.6 billion. Cash flows into money-market funds subsided to $25 billion. LCCoreReIdxA t 36.66 1.01 9.3 76.8 MdCpIdx I n 18.88 0.16 16.0 50.2
AllMktRtrn1 9.31 0.06 10.8 15.1 MdCapVal 19.36 0.17 14.0 35.5 Equity Funds Municipal Bond Funds Carillon Eagle: MidCapGth I 32.17 0.68 7.1 86.6
CapFdInc.LCapGow 88.01 3.23 6.6 95.2 OneChoice2025 15.61 0.16 3.6 30.2 25800 4000 MdCpGrA p 93.24 2.62 3.5 78.4 SelComunInfo tn 138.82 3.08 18.2 138.7
DiscovValFd 25.07 0.32 24.2 36.0 OneChoice2030 13.91 0.15 4.0 32.8 Carillon Reams: SelLCVal pn 31.30 0.29 16.9 45.3
IntDurInstl 15.39 0.00 -2.6 15.4 OneChoice2035 17.62 0.21 4.4 35.6 CoreBd I 12.62 0.02 -3.2 23.5 SelMdCpVal I p pn 13.51 0.17 16.4 48.1
IntlStraEquPtZ 13.58 0.16 6.4 10.6 OneChoiceRet 13.93 0.13 3.3 28.5 17200 3250 CorePlBd I 34.50 0.07 -3.0 24.8 SmCapGth I 34.52 0.49 6.3 147.9
MuniIncmShares 12.63 0.08 2.9 24.3 SDIPB 10.91 0.02 1.7 12.0 UnconstrndBd I 13.01 0.02 0.4 19.9 SmCpIdx I n 30.26 -0.13 19.4 48.9
SmCapGrwPortZCl 88.61 0.15 5.0 110.1 SmCapVal 11.12 0.11 27.7 58.5 Carillon Scout: StratInc I 24.76 0.08 1.2 19.2
AB Funds - A: Ultra 84.38 3.66 6.3 113.1 8600 2500 MidCap I r 26.25 0.30 11.1 57.0 TaxEZ n 13.59 0.06 0.7 14.5
BalWlthStrA p 16.82 0.22 4.2 22.3 American Century Ins: CausewayInst : Thermostat I n 18.77 0.22 4.2 56.2
GlobalBondA p 8.48 0.00 -2.0 10.5 CAIntTf 12.22 0.03 0.1 13.4 CausewayInst 17.71 0.06 9.1 15.4 TotReBd I 37.77 0.05 -0.6 23.6
GrowthA p 107.81 3.69 4.9 88.8 American Century Inv:
0 1750 Chartwell: USTrsIdx I 11.50 0.00 -3.8 12.8
HighIncomeA p 7.97 0.04 0.9 11.9 Balanced n 21.52 0.32 6.4 39.0 Income n 13.91 0.04 3.5 17.8 Columbia Class I2:
LgCpGrA p 79.53 2.91 6.5 93.2 CaHYMu n 11.12 0.05 1.1 16.9 -8600 1000 CIBC Atlas: ContCore I2 34.75 0.94 11.6 71.2
MuCA A p 11.48 0.04 0.5 14.0 CAIntTF n 12.22 0.04 0.2 12.7 DispEq Inst 28.62 0.80 8.4 72.0 DivIncom 29.14 0.41 11.5 51.7
NtlMuA p 10.70 0.04 0.6 14.5 Feb Mar Apr Feb Mar Apr
DiscCoreVal n 42.38 0.64 14.0 49.7 ClearBridge: MidCapIndx 19.36 0.16 16.1 50.2
RelatValA p 6.56 0.08 14.7 39.8 DivBnd n 11.00 0.01 -2.5 14.2 AggressGrowthA 189.71 1.48 8.0 49.2 SmCapIndx 31.05 -0.13 19.4 48.9
SmCpGroA p 78.01 0.12 4.9 108.0 EmgMkt nr 14.94 -0.12 1.4 24.2 Money Market Funds Taxable Bond Funds AggressGrowthI 221.43 1.73 8.1 50.6 Columbia Class I3:
SmMdCpGrA p 14.73 0.19 5.2 91.1 EqGro n 35.72 0.84 12.5 55.7 35000 20500 AllCapValueA 14.71 0.11 16.7 27.6 Balanced I3 52.32 0.96 6.8 50.3
SustGlblThemGrA p 169.97 4.05 6.7 75.5 EqInc n 9.61 0.12 6.9 33.0 AppreciationA 31.41 0.82 8.8 62.0 Bond I3 35.40 0.05 -1.3 19.3
AB Funds - ADV: FocusDynamGrowth n 56.36 1.88 5.0 144.6 AppreciationI 31.18 0.81 8.9 63.3 ContCore I3 p 34.78 0.95 11.7 71.5
ConGroAdv 56.28 1.58 10.8 89.0 GinnieMae n 10.59 0.00 -0.5 11.2 AppreciationIS 31.29 0.81 8.9 63.7 DivIncom 29.18 0.41 11.5 51.9
GlbBd 8.47 0.00 -2.1 11.2 GlGold nr 12.84 0.40 -1.8 54.6 23000 14000 DividendStrat1 n 29.02 0.54 8.0 51.7 SelLgCpGr t 16.88 0.54 2.2 91.6
HiIncmAdv 7.98 0.04 1.0 12.8 Grwth n 49.96 1.92 7.4 90.9 DividendStratA 29.00 0.54 7.9 50.4 SmCpVal II p 21.11 0.11 23.0 40.5
IntlSmCapPtADV 13.25 0.32 10.5 14.5 Heritage n 27.21 0.73 5.2 91.2 DividendStratI 29.88 0.55 7.9 51.8 STBond 10.10 0.01 0.4 10.7
IntlStraEquPtADV 13.56 0.16 6.4 10.6 InfAdjBd n 12.51 -0.02 -1.1 15.7 11000 7500 LargeCapGrowthA 63.22 1.92 5.1 79.4 Columbia Funds:
IntlStrgCore 13.08 0.31 3.2 15.0 Intl Gr n 15.89 0.20 3.8 37.4 LargeCapGrowthI 71.36 2.17 5.2 81.0 UltShortBd Inst3 9.05 0.00 0.1 6.7
LgCpGrAdv 88.21 3.23 6.6 94.7 IntlOppt n 14.08 0.30 4.4 31.5 LargeCapValueI 37.05 0.60 12.3 44.2 Commerce Funds:
NationalPtf 10.70 0.04 0.6 15.4 IntTF n 11.86 0.04 0.5 14.6 MidCapA 42.27 0.45 14.0 60.5 Bond n 20.62 0.03 -2.0 15.3
SelectUSLgShrt 14.92 0.26 7.8 38.3 FocLgCapVal n 11.99 0.15 9.2 36.9 -1000 1000 SmallCapGrowthA 49.66 0.49 7.5 91.6 Community Capital Tr:
SmCapCorePortADV 15.12 0.00 15.1 40.4 MdCapVal n 19.34 0.17 13.9 34.7 Feb Mar Apr Feb Mar Apr SmallCapGrowthI 54.49 0.54 7.6 93.1 CRAQualInvFd 10.69 0.02 -1.1 9.8
SmMdCpGr 16.28 0.20 5.2 92.5 OneChAgg n 18.27 0.27 6.6 43.9 SmallCapGrowthIS 55.43 0.55 7.6 93.9 Credit Suisse Common:
SmMidCpValAdv 26.02 0.33 24.1 35.7 OneChCon n 15.20 0.15 3.4 29.5 The charts above show four-week moving averages of net cash flow in millions of dollars. BARRON'S • Lipper FMI Clipper: ComdtyRet r 4.96 NA NA NA
SustGlbThemAdv 182.51 4.35 6.8 76.9 OneChMod n 17.49 0.22 5.2 37.7 ClipperFd n 153.72 3.97 16.7 48.9 Cullen Funds:
TxMgdWlthAppAdv 20.18 0.39 9.5 41.0 OneChoice2025 n 15.60 0.16 3.4 29.3 Cohen & Steers: HiDivEqI r 16.62 0.21 13.6 28.5
WlthApprStr 20.55 0.41 9.8 42.0 OneChoice2035 n 17.59 0.20 4.3 34.7 GlbRltyI 58.81 0.62 8.2 30.2
D
AB Funds - C: Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
OneChoiceRet n 13.93 0.13 3.2 27.7 NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. InstlRlty 47.99 0.31 11.3 49.5
LgCpGrC t 55.40 2.02 6.3 89.0 Select n 108.01 4.59 7.0 88.7 IntlRltyI r 12.39 0.18 3.2 19.7
AB Funds - I: SmCapGrowth n 25.50 0.04 3.8 98.8 TxExA p 13.60 0.05 0.4 14.9 ShtTBdInst 9.88 0.00 -0.1 10.8 ScTechOppA 61.58 1.71 2.9 164.1 HYldI 6.15 0.03 1.4 18.3 PrefSecIncmA 14.29 0.09 0.5 21.4 Davenport:
GlbBd 8.47 0.00 -2.1 11.2 SmCpVal n 10.99 0.11 27.6 57.5 WshA p 55.61 0.85 11.3 49.0 Baron Funds: StratMuniOpp 11.83 0.05 3.0 11.0 InstS&PStkIdx I 74.53 1.99 10.3 66.3 PrefSecIncmC 14.19 0.08 0.3 19.0 Davenport Core n 32.72 0.94 7.9 56.1
LgCpGroI 87.65 3.22 6.6 94.6 Sustain Equity n 42.21 1.22 9.8 67.7 AMG Funds: Asset n 114.35 2.40 2.9 83.5 StrtIncOpptyInvA 10.35 0.00 0.4 13.9 Interm n 13.93 0.04 0.1 14.0 PrefSecIncnI 14.32 0.08 0.6 22.5 EqOpp n 25.39 0.60 9.6 77.0
SmCpGroI 87.98 0.14 5.0 109.5 Ultra n 80.71 3.49 6.3 111.8 RRSmCapValI 15.70 0.05 15.0 43.7 EmergingMkts n 19.02 -0.19 0.3 24.7 TotRet 11.87 0.00 -2.4 16.4 IntlStkI 25.00 0.48 2.2 44.3 RltyIncA p 16.87 0.07 10.4 46.7 Val&Incm n 19.09 0.32 11.1 31.7
Aberdeen Fds: Value n 9.45 0.06 15.7 38.9 AMG Managers Funds: GlobalAdv n 52.20 0.76 1.7 142.9 BlackRock Funds Blrk: IntlStkY 24.70 0.48 2.2 44.5 RltyIncI 17.94 0.07 10.6 47.9 Davis Funds A:
EmMktEqty Inst 20.78 -0.23 2.3 36.4 American Century R6: Brandywine I n 42.34 0.51 8.2 72.4 Growth n 109.22 1.54 4.5 87.7 CapAppr 43.73 1.72 6.7 94.0 MunBd nr 12.10 0.04 0.5 15.3 RltyShs n 67.64 0.43 11.3 48.8 NYVen A 36.69 0.78 17.7 53.9
UltStMuniIncInst 10.04 0.00 0.0 3.5 AmCentUltraFdR6 84.76 3.68 6.4 114.1 GWKMBd I 12.43 0.05 -0.4 15.4 Opportunity n 42.25 1.12 5.5 181.0 BlackRock Funds C: NewtonIntlEqY 25.33 0.30 6.3 22.0 Colorado BondShares: Davis Funds C & Y:
USSmCapEq Inst 47.08 0.42 13.3 65.7 EmgMkt 15.31 -0.12 1.5 25.6 LoomisSaylesBd I 25.41 0.05 -2.5 15.7 Partners n 168.30 3.35 2.5 252.6 GlblAlloc t 19.83 0.21 3.5 33.7 NY Tax nr 15.17 0.06 0.5 13.4 ColoradoBdShs 9.40 0.01 2.0 17.6 NYVenY 37.80 0.80 17.7 55.0
Acadian Emerging Markets: EqInc 9.63 0.12 6.9 34.4 LoomisSaylesBd N n 25.40 0.04 -2.6 15.1 SmallCap n 39.34 0.77 6.8 84.8 HlthScOp 64.17 0.68 1.2 61.8 ResrchGrA 21.74 0.87 6.5 101.7 Columbia Class A: Del Invest Instl:
AcadnEm Inv n 24.50 0.10 8.5 15.0 Growth 51.18 1.97 7.5 92.9 TSIntlSC I 19.10 0.31 3.3 10.7 Baron Instl Shares: MultiAstIncome 11.38 0.08 2.9 18.5 ResrchGrZ n 22.33 0.90 6.5 102.8 AcornA t 13.27 0.06 4.6 58.4 CorpBdI 6.29 0.01 -3.5 23.7
AIG Funds: MdCapVal 19.36 0.18 14.1 36.1 TSSmCapGrFd Z 21.52 0.50 4.2 80.4 AssetInst 119.77 2.52 3.0 84.9 BlackRock Funds III: SelMgrSmCpGroY 35.04 0.35 7.9 72.4 AMTTEBd 16.92 0.08 0.6 16.2 USGrw 31.31 0.90 2.4 82.4
FDivStII t 17.16 0.09 10.5 16.1 OCP2025 11.63 0.12 3.6 30.8 TSSmCpGrFd N n 20.48 0.47 4.2 79.4 DiscoveryInst 38.38 0.43 10.3 141.1 iShS&P500IdxK 488.53 13.09 10.4 67.2 SelMgrSmCpVaY 29.70 0.08 18.0 51.9 BalancedA t 51.87 0.95 6.7 48.8 Value 23.99 0.19 10.6 30.7
Akre Funds: OCP2030 12.60 0.14 4.0 33.3 YachtmanFocFd I 21.02 0.34 10.5 62.1 EmergingMktsInst 19.12 -0.19 0.3 25.8 iShUSAggBdIdxK 10.52 0.02 -3.0 15.2 SmCpStk r Inv nr 35.20 -0.15 19.5 48.0 BldrAggrsv 14.71 0.24 8.6 41.1 Delaware Invest A:
AkreFocusInst 59.48 1.48 8.0 81.3 OCP2035 12.17 0.14 4.5 36.3 YacktFocFd N n 21.09 0.35 10.5 61.3 GlobalAdvInst 53.16 0.77 1.7 144.6 BlackRock Funds Inst: SmMidCpGrI 39.02 0.76 0.3 118.8 BldrMod p 12.45 0.13 4.5 31.1 Diver Inc p 9.17 0.01 -2.4 18.0
AkreFocusRtl 57.80 1.44 8.0 79.8 OCPINRET 11.14 0.10 3.2 29.0 YacktmanFd I 23.69 0.38 11.4 57.7 GrowthInst 113.81 1.62 4.6 89.2 AdvIntl Inst 19.14 0.31 7.1 19.1 StratValA r 44.25 0.60 16.4 40.9 ConSec A 31.53 0.47 5.2 92.0 GroInA p 14.34 0.11 10.2 28.8
Alger Funds A: SmCpVal 11.12 0.11 27.7 59.3 Angel Oak Funds Trst: OpptortunityInst 44.48 1.18 5.6 183.1 AdvLgCapCore 22.23 0.56 10.7 62.2 U.S.EqY 26.27 0.64 6.7 62.5 ContCoreA p 33.74 0.92 11.6 69.5 OppA p 33.48 0.34 17.4 33.7
CapApr 35.39 1.39 7.4 97.9 American Century Y: AglOkMtiStFdClIn 10.38 0.01 1.5 6.6 PartnersInst 173.41 3.47 2.6 255.4 AdvSmCapInst 25.79 -0.09 6.1 76.7 WWGrA 69.94 2.19 8.4 70.6 DisplCoreA p 14.67 0.40 13.5 55.9 SmCpValA p 73.21 0.61 22.5 32.9
SpectraN 30.94 1.21 5.0 94.5 HighIncome 9.77 0.05 2.8 22.5 AQR Funds: RealEstateInst 41.12 0.38 14.2 98.7 BalCapFd 27.35 0.45 5.4 43.8 BNY Mellon Funds Tru: DivIncA t 28.63 0.40 11.4 50.3 SMIDCapGrA p 44.68 0.82 1.0 159.3
Alger Funds I: IntTF 11.85 0.04 0.6 15.4 DivArbI 12.26 NA NA NA SmallCapInst 41.65 0.81 6.9 86.2 BasicVal 21.77 0.29 14.9 39.8 BondFd 12.97 0.01 -2.4 15.7 DivOpptyA 38.38 0.28 12.5 35.1 TotRtA p 16.83 0.19 6.8 23.8
CapAppr I-2 108.03 4.11 8.1 101.5 American Funds Cl A: LgCapDefStyle I 28.09 NA NA NA BerkshireFocus n: CAInsMun 12.98 0.04 2.3 12.0 EmgMkts 13.94 -0.01 8.1 20.2 EqValA 13.94 0.10 11.3 32.8 TxIntA p 12.46 0.05 0.7 16.1
Alger Funds Inst: 2010TarRetA p 12.14 0.09 3.3 25.5 LgCapDefStyle R 28.07 NA NA NA BerkshireFocus n 43.09 1.24 -1.5 168.7 CapAppr 43.33 1.69 6.7 93.4 IncomeStk 9.74 0.07 15.0 36.9 FocEqA t 24.67 0.81 7.9 95.2 TxUSA p 12.28 0.08 1.1 20.1
CapApprI 44.91 1.76 7.5 97.5 2015TarRetA p 12.95 0.10 3.7 27.7 LgCapMomStyle I 25.11 NA NA NA Bernstein Fds: EmgMkts 34.18 -0.22 6.9 49.3 IntlFd 15.02 0.22 6.4 16.2 GlobTech 69.07 1.55 17.2 135.8 Deutsche DWS:
Allianz Fds Admin: 2020TarRetA p 14.27 0.12 3.8 29.4 LgCpMultiStyle R 20.19 NA NA NA Ca Mu n 14.64 0.03 0.2 11.1 EqtyDivd 23.00 0.22 13.7 43.3 IntmBdFd 12.92 0.02 -1.0 11.8 HiYldBd 12.05 0.05 1.1 20.8 CapGrth p 115.78 4.19 5.7 95.5
RCMTechI 99.03 3.47 4.5 125.2 2025TarRetA p 16.03 0.16 4.2 34.2 MgdFutStrI 8.01 NA NA NA DivrMuni n 14.84 0.04 0.4 12.7 FloRateIncPorIns 9.94 0.03 1.6 11.7 MCMultiStrM 23.15 0.42 10.8 62.0 IncmBldr t 13.34 0.04 3.4 27.6 CapGrth n 117.45 4.25 5.8 96.9
Allianz Funds A: 2030TarRetA p 17.63 0.21 4.9 38.3 Aquila Funds: EmMkts n 34.57 -0.05 6.2 17.3 LgCpFocusGwth 7.70 0.29 4.6 98.5 NtlIntmMuni 14.14 0.06 0.1 14.5 LgCpGrowA t 56.87 2.11 10.0 90.0 CoreEq n 33.50 0.92 9.6 59.5
RCMGrowthA 76.09 3.71 8.2 101.3 2035TarRetA p 18.94 0.27 6.1 44.9 HI TF A 11.51 0.03 -0.3 9.6 IntmDur n 13.40 0.01 -2.6 14.8 GlblAlloc 22.51 0.24 3.8 37.9 NtlShTMuni 12.95 0.01 0.1 6.3 LgCpIdx pn 61.95 1.66 10.3 65.0 EqDivA 55.98 0.56 10.9 28.1
RCMTech t 79.77 2.79 4.4 122.9 2040TarRetA p 19.83 0.31 6.8 47.9 ArbitrageI : NY Mun n 14.29 0.03 0.6 11.0 GlobLg/ShrtCrIns 10.17 0.03 2.4 11.5 Boston Trust Walden: LgCpVl A 16.65 0.19 13.4 43.2 GblGrwS n 46.95 0.86 2.9 40.9
Amana Income: 2045TarRetA p 20.32 0.32 6.9 48.9 ArbitrageI 13.49 NA NA NA BlackRock Funds: HlthScOp 79.21 0.86 1.5 66.7 BostonBalanced 59.21 NA NA NA LiGoBalA p 13.89 0.18 6.3 36.2 GNMA S n 13.83 0.00 -0.3 10.9
AmanaIncm n 60.29 0.58 6.9 50.9 2050TarRetA p 20.05 0.33 7.1 49.8 Ariel Investments: CoreBd A 9.82 0.01 -2.8 15.8 HYMuni 10.36 0.07 3.5 21.6 Braddock Multi Strat: MdCpIndxA pn 18.98 0.16 16.0 49.1 HiIncA 4.85 0.03 1.1 20.8
AmanaGrowth n: AmcpA p 42.58 0.95 8.9 61.0 ApprecInv pn 51.12 0.62 18.0 38.1 CoreBd Inst 9.80 0.00 -2.8 16.7 iShMSCIIntldx 15.61 0.25 6.3 21.5 Income Fund 7.26 0.01 2.3 -19.7 MidCapGthA t 28.86 0.61 7.0 85.2 HiYldTx n 12.38 0.06 1.7 16.1
AmanaGrowth n 60.44 1.36 7.5 94.2 AMutlA p 48.87 0.59 10.0 41.6 Ariel Inv pn 83.11 1.09 22.9 46.5 CoreBd K 9.84 0.01 -2.7 17.0 MdCpGrEq 45.98 1.21 4.4 104.2 Bridge Builder Trust: SelgComuInfoA 123.20 2.73 18.1 136.9 MgdMuniA p 9.31 0.04 0.2 14.0
Amer Beacon Insti: BalA p 31.89 0.38 5.9 38.2 Artisan Funds: CreStraInc Inst 10.61 0.01 1.2 19.7 MultiAstIncome 11.41 0.08 3.2 22.2 CoreBond 10.44 0.01 -2.7 20.0 SelMidCpValA 13.46 0.16 16.3 47.0 MgdMuniS n 9.32 0.04 0.3 14.6
IntlInst 19.91 0.14 8.5 10.4 BondA p 13.40 0.02 -2.5 18.2 GblOppInst 37.52 0.91 2.3 73.4 HiYBlk 7.83 0.03 1.7 21.4 NatlMuni 11.37 0.04 0.5 14.1 CorePlusBond 10.31 0.01 -2.2 21.1 SmCapGthA t 31.73 0.45 6.2 146.0 S&P500S n 40.72 1.09 10.3 66.5
LgCapinst 28.56 0.36 16.2 41.3 CapIBA p 66.81 0.59 6.7 23.5 GblOppInv n 36.81 0.89 2.2 72.1 HiYInvA 7.82 0.03 1.6 19.7 NYMUNIOPP 11.43 0.04 2.5 11.5 Intl Eq 14.27 0.15 6.8 30.3 SmCpIdxA pn 30.02 -0.12 19.4 47.8 TechA 36.10 1.37 9.3 116.5
SmCpInst 30.53 0.04 21.7 36.1 CapWA p 20.62 0.11 -3.9 9.7 Intl Inv n 35.83 0.57 3.5 27.8 HiYldBd Inst 7.82 0.03 1.7 20.9 ScTechOppInst 67.09 1.87 2.9 166.2 LargeCapGrowth 22.19 0.75 7.9 93.0 StratIncA 25.21 0.07 1.1 18.2 Diamond Hill Funds:
Amer Beacon Inv: CapWGrA 63.57 1.00 7.4 39.1 IntlInst 36.03 0.57 3.6 28.7 InflProtBdInst 11.74 -0.03 -1.0 18.2 StratIncOpptyIns 10.35 0.00 0.4 14.9 LargeCapValue 16.71 0.25 14.0 52.5 TaxEA 13.59 0.06 0.7 13.9 CorpCrI 11.80 0.04 1.4 26.0
LgCapInv 25.75 0.32 16.1 39.9 EupacA p 70.79 0.59 2.1 35.9 IntlVal Inst 44.32 0.53 11.2 31.5 LDurBlk 9.76 0.00 0.4 10.1 StratMuniOppI 11.83 0.05 2.9 11.7 MunicipalBond 10.73 0.03 0.4 14.8 TechA p 63.46 2.09 8.5 118.2 LgCapA pn 34.39 0.50 13.1 52.6
American Century A: FdInvA p 75.78 1.39 9.8 52.3 IntlVal Inv n 44.17 0.52 11.1 30.6 LowDurBdA 9.76 0.00 0.2 9.0 TotRet 11.87 0.00 -2.4 17.5 S/MCapGrowth 18.05 0.28 5.9 76.0 ThermoA 19.07 0.22 4.2 55.1 LgCapI 34.58 0.51 13.1 53.9
EqIncA p 9.61 0.12 6.8 32.0 GBalA p 38.61 0.40 3.6 25.6 MidCapInst 56.65 1.17 1.9 111.3 LowDurI Inst 9.76 0.00 0.3 9.9 WorldInc 6.29 0.02 -1.0 14.0 S/MCapValue 15.07 0.12 17.7 39.9 TotReBdA t 37.75 0.05 -0.7 22.8 LgCapY 34.62 0.51 13.2 54.5
American Century G: GovtA p 14.01 0.01 -2.5 14.4 MidCapInv n 48.84 1.01 1.9 109.8 BlackRock Funds A: BMO Funds: Brown Advisory Funds: Columbia Class Adv: LongShortI 29.43 0.31 10.7 29.6
GlBond 10.45 0.02 -1.5 14.2 GwthA p 72.14 1.87 6.8 80.0 MidCapVal Inv n 22.94 0.19 17.6 36.5 AdvLCGrwA 22.08 0.83 6.8 82.0 CorePlBdI 12.16 0.02 -2.2 16.2 GrowEqInv n 33.95 1.16 3.9 92.1 ContCore p 34.78 0.94 11.6 70.8 SmMidCapI 26.90 0.28 17.3 35.0
InfAdjBd 12.51 -0.02 -1.0 17.3 HI TrA p 10.36 0.07 3.5 21.6 SmCpInv n 50.28 0.37 -2.2 111.9 AdvLgCapCore p 21.27 0.53 10.6 60.9 IntrTaxFree I 11.61 0.03 0.8 13.7 GrwthEquityInst 34.51 1.19 3.9 93.0 DivIncom 29.17 0.41 11.5 51.4 Dimensional Fds:
NT IntlGr 14.71 0.18 4.0 43.4 HiInMuniA 16.77 0.06 2.0 18.5 Ashmore Funds: BalCapFd 27.21 0.44 5.3 42.6 UltrShtTxFrI 10.11 0.01 0.3 4.5 SmCapGrInv n 30.44 0.28 5.4 73.6 Columbia Class C: 2TGlFxd 9.95 0.00 0.1 5.8
NT MdCapVal 14.63 0.13 14.2 38.7 ICAA p 48.87 0.98 10.4 50.5 EmgMktTRInst 7.10 NA NA NA BasicVal 21.37 0.28 14.8 38.6 BNY Mellon: BrownSmCoInv n: Balanced 51.71 0.94 6.5 45.5 5GlbFxdInc 10.90 0.01 0.1 7.9
NTDvBnd 11.14 0.02 -2.4 15.8 IncoA p 25.20 0.22 7.7 30.1 Ave Maria Funds: CAInsMuni 12.98 0.05 2.3 11.3 SCMultiStrM 26.13 0.11 10.6 62.5 BrownSmCoInv n 127.54 0.99 -4.3 67.9 ContCore p 29.82 0.81 11.4 65.8 CAIntrTrmMuniBd 10.81 0.01 -0.4 8.5
NTEmgMkt 15.22 -0.12 1.7 29.3 IntBdA p 13.82 0.01 -1.0 12.9 Growth pn 46.30 1.04 8.4 73.1 CapAppr 39.03 1.53 6.6 91.9 BNY Mellon Funds: Buffalo Funds: DivInc t 27.68 0.38 11.1 46.9 CASTMuniBd 10.28 0.00 0.1 3.4
NTEqGrp 12.63 0.30 12.8 59.2 IntlGrIncA p 40.85 0.40 6.9 24.4 RisingDivd n 21.76 0.36 12.8 49.3 EqtyDivd p 22.91 0.23 13.6 42.2 Aprec pn 42.61 1.33 8.6 74.4 DiscFd n 31.97 0.60 6.5 76.1 Columbia Class I: Cont 33.05 0.70 9.7 26.9
NTGrwth 22.06 0.85 7.7 97.2 LtdTEBdA 16.15 0.03 -0.1 10.6 GlblAlloc p 22.33 0.23 3.7 36.8 CA AMTMuBdZ nr 15.15 0.07 0.1 13.0 SmCap n 23.17 0.50 11.2 142.6 Acorn I n 17.37 0.08 4.6 59.5 DFARlEst 41.40 0.10 10.6 41.3
NTHeritage 16.38 0.44 5.5 95.5 N PerA p 64.06 1.38 5.9 70.4 B HlthScOp p 74.91 0.81 1.4 65.4 Dr500In tn 58.29 1.55 10.3 64.7 AcornIntl I n 35.94 0.92 4.3 28.2 EmgMkt 34.46 -0.10 5.6 19.7
NTHighInc
NTIntlVal
9.99 0.05
10.53 0.11
3.1
8.4
23.5
14.5
NEcoA p
NwWrldA
62.32
90.99
1.31
0.93
4.7
3.5
62.4
43.8 Baird Funds:
Interntnl t
LgCp Focus Gr 7.01
23.64 0.20
0.26
11.6
4.5
43.4
97.0
Dreyf n 15.42
DreyMid r Inv nr 38.49
0.45
0.33
7.2
16.0
73.1
49.0
C AltBeta I
Balanced I
30.01
51.75
-0.09
0.95
0.9
6.8
-18.5
49.9
EmgMktSoCoEq 16.78
EmgMktVa 31.33
0.02
0.16
7.0
9.6
19.5
7.5
NTFocLgCapVal 12.83 0.16 9.6 40.5 SmCpA p 85.27 1.65 7.2 72.9 AggBdInst 11.38 0.01 -2.9 16.9 MdCpGrA 39.54 1.04 4.4 102.7 FloRtIncY 11.44 NA NA NA Calamos Funds: ConSec I n 31.58 0.47 5.2 93.4 EmMktCorEq 25.89 0.04 6.8 18.6
SDIPB 10.93 0.02 1.8 13.6 STBFA p 10.06 0.01 -0.2 7.8 CorBdInst 11.76 0.02 -2.6 17.8 MultiAstIncome 11.41 0.09 3.2 21.4 GblRealRtY 17.12 0.15 3.2 29.6 ConvI 23.20 0.37 4.6 84.4 ContCore I 34.06 0.93 11.6 70.8 EmMktSmCp 25.44 0.41 10.0 17.1
Sustain Equity 42.45 1.24 10.0 NS STTxExBdA 10.32 0.01 0.0 7.4 IntBdInst 11.46 0.02 -1.6 15.0 NatlMuni p 11.38 0.05 0.4 13.3 GlbStkI 27.15 0.68 4.3 58.7 Gr&IncA p 44.23 1.08 8.5 61.1 DivIncom I 28.66 0.41 11.5 51.4 Fixd 10.30 0.00 0.0 4.8
American Century I: TECAA p 18.32 0.07 0.4 14.6 QualIntMunBdInst 11.94 0.03 -0.3 12.4 NYMUNIOPP 11.44 0.04 2.5 10.8 GlFxIncI 22.49 0.03 -1.9 13.1 Gr&IncI 42.25 1.04 8.6 62.4 FocEq I pn 27.50 0.90 7.9 96.7 GblAll60 40Inst 21.79 0.23 7.0 33.6

About our Funds
The listings include the top 2500 open-end funds by assets. These funds value their portfolios daily and report net
asset va lues (the dollar amount of their holdings divided by the number of shares outstanding) to the National
Association of Securities Dealers. Total returns reflect both price changes and dividends; these figures assume that
all distributions are reinvested in the fund. Because Lipper is constantly updating its database, these returns may
differ from those previously published or calculated by others. 3 year returns are cumulative. The NAV is the last
reported closing price for the week. Footnotes: NA: not available. NE: performance excluded by Lipper editor. NN:
fund not tracked. NS: fund not in existence for whole period. e: ex capital gains distributions. f: previous day’s
quote. n: no front- or back-end sales charge. p: fund assets are used to pay marketing and distribution costs (12b-1
fees). r: fund levies redemption fee or back-end load. s: stock dividend or split of 25% or more. t: fund charges
12b-1 fees (for marketing and distribution) and a back-end load. v: capital-gains distribution may be a return of
capital. x: ex cash dividend. All data supplied by Lipper.
 April 12, 2021 BARRON’S M25

Mutual Funds Data provided by

Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
GlAll25 75Inst 14.81 0.07 2.6 19.4 FedHerInterEquit 32.31 0.54 6.9 NS StrInA 12.59 0.05 0.7 16.3 Idx2025 Premier 18.89 0.20 3.5 NS Ovrse n 62.83 1.44 5.7 34.8 FedInt A1 p 12.29 0.04 -0.1 11.2 RSPUSEq n 73.35 2.02 10.5 76.8 TotRetBd 11.66 0.02 -2.7 18.0
GlEqInst 30.69 0.49 12.0 44.8 Federated Hermes A: TotalBdA p 11.02 0.02 -2.2 17.0 Idx2030 Premier 19.87 0.24 4.2 NS PAMun nr 11.55 0.04 0.3 15.2 HiInc A1 1.88 0.00 1.2 20.6 Tax Ex n 11.56 0.05 -0.1 14.3 UltraShBd 10.09 0.00 0.0 5.7
GlRESec 11.68 0.10 8.7 29.0 EqIncA p 26.01 0.29 12.5 30.1 Fidelity Advisor C: Idx2035 Premier 22.02 0.33 5.9 NS PcBas nr 45.18 0.02 3.0 50.3 HY TF A1 p 10.38 0.05 1.3 18.4 Trusts n 79.66 2.05 11.3 82.6 Heartland Funds:
InfProtSec 13.04 0.02 -1.3 19.2 FdShInToRetA 10.68 0.01 -0.4 10.6 BalancC 27.65 0.47 7.0 52.2 Idx2040 Premier 22.29 0.36 7.1 NS PuritanK 27.99 0.49 7.9 52.5 IncomeA1 p 2.46 0.02 8.7 26.6 GMO Trust Class III: Val Inv n 49.98 0.42 15.5 37.7
IntGvFxdInc 12.80 0.03 -4.1 15.0 FedMunULA pn 10.05 0.01 0.1 3.6 GrOppC p 126.65 3.86 7.3 178.3 Idx2045 Premier 23.14 0.37 7.0 NS Puritn n 28.02 0.50 7.9 52.2 MIInsTF A1 p 11.93 0.04 0.1 15.2 EmgCntryDt r 25.50 0.20 -3.6 12.3 Hennessy Funds:
IntlCoreEq 15.87 0.24 9.1 19.1 KaufmannA p 7.09 NA NA NA NwInsghtC t 31.49 1.03 7.7 59.0 Idx2050 Premier 23.18 0.37 7.1 NS RealE n 43.34 0.08 9.9 32.1 MNInsTF A1 p 12.72 0.06 -0.5 13.5 Quality 28.47 0.77 11.2 75.9 FocInv 70.99 1.08 15.3 53.2
IntlREst 4.77 0.10 5.1 9.9 KaufmnLCA p 35.01 0.92 1.7 74.5 Fidelity Advisor Fun: Income n 12.24 0.02 0.4 19.6 RealEstInc nr 12.63 0.02 7.2 28.3 MO TF A1 p 11.96 0.05 0.3 14.5 GMO Trust Class IV: JapanInst 48.17 0.31 -3.6 33.4
IntlSustCore1 12.98 0.23 7.4 26.1 KaufmnSCA p 64.99 NA NA NA BalFdZ 28.51 0.43 7.3 57.6 Income K 12.22 0.03 0.4 19.8 REInc n 11.15 0.02 6.2 26.8 NY TF A1 p 11.28 0.05 -0.3 13.5 EmgCntrDt 25.46 0.20 -3.5 12.5 Homestead Funds:
IntlVal 19.14 0.13 13.5 7.1 MunStkAdvA p 14.74 0.14 5.3 24.0 IntlGrwZ 19.41 0.39 4.4 46.4 Fidelity Invest: SAIIntlMinVolInd 11.19 0.18 3.5 10.8 OHInsTF A1 p 13.03 0.06 -0.5 13.7 IntlEq 25.05 0.40 10.6 19.5 ShtTmBd n 5.29 0.01 -0.4 10.6
IntlVectorEq 14.01 0.20 10.5 15.9 ShtIncA t 8.70 0.01 0.1 8.7 Fidelity Advisor I: AdvSrsGroOpport 17.71 0.51 8.5 194.0 SAILTTreBdIdx 10.58 -0.02 -12.7 21.2 OR TF A1 p 11.84 0.05 -0.4 13.2 Quality 28.54 0.77 11.2 76.1 Value n 53.63 1.06 13.4 51.1
IntrLrgCpGroPor 16.50 0.37 5.7 33.6 StrValDivA p p 5.46 0.02 9.9 16.7 BalancI 28.50 0.43 7.3 57.0 AggrInt n 28.59 0.40 3.3 47.0 SAISm-MidCap500I 15.97 0.18 12.8 62.1 PA TF A1 p 10.00 0.05 0.1 12.4 GMO Trust Class VI: Hotchkis and Wiley:
IntSmCo 22.14 0.35 9.3 19.9 UltraShortA pn 9.23 0.01 0.3 6.8 BiotechI 34.00 -1.29 -6.6 51.8 AilSectEq 12.21 0.31 11.6 76.4 SAIUSMinVolIndFd 17.52 0.42 6.2 53.6 US Gov A1 p 5.99 -0.01 -0.9 9.4 EmgMkts r 36.88 -0.24 6.4 20.3 HiYldI 11.45 0.05 2.8 13.3
IntSmVa 21.19 0.24 10.9 6.1 Federated Hermes C: ConsvIncmMuni I 10.06 0.00 0.1 4.3 AMgr20% n 14.51 0.05 0.5 19.7 SAIUSQtyIdx 17.48 0.55 8.6 71.2 Utils A1 p 20.44 0.25 4.5 38.9 Quality 28.48 0.77 11.3 76.4
IntTermMuni 10.53 0.02 -0.4 10.3 StraValDivC p 5.47 0.02 9.7 14.6 DivIntl 30.60 0.49 3.3 38.2 AMgr50% n 21.53 0.20 3.5 33.9 SCEnhIdx n 17.58 -0.26 14.2 47.4 Franklin Templeton: Goldman Sachs A: I

.
IntVaIII 16.39 0.11 13.6 7.7 Federated Hermes Int: EqGrI 19.27 0.49 7.5 102.2 AMgr70% n 27.52 0.41 5.7 41.4 SmallCap nr 23.54 0.33 14.2 51.4 TgtGro A p 20.85 NA NA NA CapGr 30.84 0.88 8.0 68.3
ITExQual 11.39 0.03 -4.3 20.1 GloFinI 43.43 0.84 5.7 22.8 FAEmgMktI 38.00 -0.12 4.3 45.5 AMgr85% n 25.21 0.46 7.3 47.6 SmCapDisc n 28.96 0.42 20.4 44.7 TgtModA p 16.84 NA NA NA HYMuni p 10.56 0.06 2.1 22.5

ly
ICM Small Company:
LgCo 30.97 0.83 10.4 67.1 InsHiYld r 9.98 0.04 1.5 21.1 FAInvGrdI 8.32 0.01 -2.8 18.5 AstMgr30R n 12.51 0.07 1.4 25.1 SmlCapO n 18.05 0.02 12.6 57.3 FrankTemp/Frank Adv: Muni 16.71 0.06 1.0 15.1 ICMSmCo 36.38 0.06 22.9 41.3
LgCpIntl 26.81 0.43 7.5 22.5 MDTSmCIS 26.60 NA NA NA FAJpFdClI 20.55 0.19 2.6 34.8 Balanc n 30.30 0.44 7.4 57.6 SmlCpGrth nr 36.49 0.25 7.2 79.9 CA HY Adv t 11.38 0.06 1.0 18.6 Goldman Sachs Inst: IFP US Equity Fund:
SclCrEqInst 15.31 0.24 9.9 19.0 TtlRtnBdI 11.29 0.02 -1.7 18.7 FF2030 16.43 0.16 5.1 40.1 BalancedK 30.30 0.43 7.4 58.0 SmlCpGrth K6 21.24 0.16 7.4 81.6 CA IntAdv 12.14 0.04 -0.2 11.3 CoreFix 10.86 0.01 -3.3 17.9 IFP US EquityFd 21.95 0.54 12.2 70.2
SelHdgGlFxd 9.79 0.01 -0.1 9.0 Federated Hermes IS: FF2040 18.16 0.23 8.0 48.9 BluCh n 177.18 5.98 8.6 133.5 SmlCpVal nr 21.12 0.15 24.6 46.4 CA TF Adv t 7.74 0.04 0.0 17.4 EmgMEq 31.13 -0.09 3.1 36.4 INVESCO A Shares:
STExQual 10.99 0.01 -0.1 8.6 IntEq IS p 32.30 0.55 6.9 38.0 FltRatel 9.41 0.03 2.5 11.6 BluChpGr K6 26.28 0.90 8.6 131.2 Srs1000ValIndRet 15.02 0.19 13.8 41.2 CvtScAdv 29.61 0.49 5.1 92.2 Gr 43.81 1.70 8.7 76.4 AmValA 40.79 0.47 16.9 28.6

on
STGov 10.49 0.01 -0.7 3.9 KaufmnIS 7.31 NA NA NA GrOppI 167.02 5.13 7.7 186.9 BluChpGrK 177.76 6.00 8.7 134.1 SrsBlChGroRetail n 18.27 0.57 8.9 143.3 Dynat Adv 150.56 5.20 3.9 119.9 HYMuni 10.56 0.06 2.2 23.6 Invesco Fds Investor:
STMuniBd 10.18 0.00 0.1 3.7 KaufmnSCI 66.49 NA NA NA HiIncAdvI 11.74 0.09 5.5 29.5 CALmtTrmTFB n 10.84 0.02 0.0 9.0 SrsCommStrt 4.94 0.01 7.6 -0.8 Fed TF Adv 12.27 0.06 0.4 15.4 Int 14.84 0.28 7.9 16.2 DivrsDiv n 21.81 0.18 9.8 31.7
TAUSCoreEq2 25.99 0.49 13.4 57.3 CorpBondFdIS 9.72 0.02 -2.4 20.4 HthCarI r 71.46 0.41 2.3 63.4 CAMun n 13.36 0.04 -0.1 14.9 SrsEmrgMkt 25.87 -0.20 3.6 40.0 FedIntAdv 12.32 0.04 -0.1 11.5 Muni 16.71 0.07 1.2 16.3 GlHltCr pn 44.67 0.69 -0.8 55.7
TAWldexUSCr 25.96 0.29 8.7 18.5 FdShinToRetI 10.67 0.01 -0.3 11.3 IntlGr 19.38 0.39 4.4 45.8 Canad nr 60.65 0.73 13.1 34.9 SrsGlobal 15.18 0.13 5.9 23.0 GrOpAdv p 60.62 1.92 2.7 91.7 ShDuTF 10.83 0.01 0.2 8.6 Tech n 72.25 2.44 6.9 102.7
TM IntVa 32.61 0.25 12.5 7.1 GovUltra 9.96 0.00 0.1 5.2 IntlSmCp 33.88 0.43 9.9 22.6 CapAp n 45.42 0.99 8.8 78.0 SrsGroCoRetail 24.55 0.74 7.8 137.3 Growth Adv t 144.77 4.12 6.6 78.3 SmCapVa 66.24 0.34 19.2 33.4 Invesco Funds A:
TM US Sm 57.33 0.19 20.2 43.8 KaufmnLCIS 36.28 0.95 1.8 75.8 LmtdTrmBdFd 11.84 0.01 -0.8 12.0 CapDevO n 19.27 0.30 15.1 55.3 SrsIntlGrw 18.63 0.38 4.8 50.8 HY TF Adv 10.43 0.05 1.4 18.8 Guggenheim Funds Tru: 500InxA p 44.06 1.18 10.2 64.6
TM USTgtVal 44.36 0.26 25.0 34.6 ShIntDurMuInst 10.35 0.02 -0.1 6.5 MuniIncI r 10.84 0.03 0.1 13.7 ChinaReg n 59.22 -0.80 6.4 72.8 SrsIntlSmCp 21.66 0.60 5.5 34.5 IncomeAdv 2.44 0.02 8.8 27.3 MacOppFdClInstl 27.43 0.12 1.0 15.5 ActiveAllA 15.70 0.19 6.8 35.9

us ,
TMMktwdVa 37.18 0.44 15.7 38.4 StraValDivIS 5.50 0.03 10.1 17.7 MuniIncome 13.59 0.06 0.6 17.0 CnvSc n 42.65 0.53 6.9 94.5 SrsIntlVal 11.11 0.16 10.1 16.7 RisDv Adv r 85.77 1.81 7.4 61.0 TotRtnBdFdClInst 28.63 0.09 -2.8 18.8 AMTFrNY p 12.09 0.06 1.3 20.6
TMMttVa2 34.42 0.40 15.7 38.9 UltraShortI 9.22 0.00 0.2 7.9 NwInsghtI 39.79 1.31 8.0 63.8 Contra n 17.69 0.60 7.9 78.5 SrsSmCapDiscRet 14.91 0.22 20.0 52.6 SmCpGrAdv p 32.86 0.17 8.1 90.4 TotRtnBondFdClA 28.60 0.08 -2.9 17.8 BalancedRiskAllA 11.48 0.10 2.5 21.0

l
TMUSEq 45.34 1.19 10.3 67.4 ShtlncIS 8.69 0.00 0.0 10.0 REIncmInst 12.57 0.02 7.2 28.2 ContraK 17.74 0.61 8.0 79.0 STBF n 8.73 0.00 -0.3 9.4 SmCpValAdv t 65.28 0.22 22.2 47.1 GuideMark Funds: CapApprA p 78.92 2.90 7.5 92.0

e
US CoreEq1 33.36 0.67 12.7 60.2 FedMuniUl A 10.05 0.01 0.1 4.6 SmCapGrwI 36.60 0.25 7.2 79.8 CorpBd n 12.40 0.01 -3.9 21.0 StkSelSmCp n 35.04 0.04 14.5 66.0 SmMCpGrAv t 56.06 1.20 4.8 103.8 LgCpCorServ pn 27.68 0.74 10.9 65.7 Chart 19.75 0.48 11.8 51.7

al a
US CoreEq2 30.65 0.56 14.0 57.5 Federated Hermes R: StrInI 12.77 0.05 0.8 17.3 CpInc nr 11.20 0.09 5.3 31.2 StkSlcACap n 62.76 1.59 10.4 66.8 USGovAdv p 6.01 -0.01 -0.9 9.8 GuideStone Funds: CmstA 28.70 0.18 18.8 33.4
US Micro 28.09 -0.06 23.0 41.6 KaufmnR r 7.11 NA NA NA Total Bd 11.00 0.02 -2.1 17.9 DisEq n 56.36 1.96 8.6 71.5 StratDivInc n 17.28 0.07 7.2 45.0 Utils Adv 20.63 0.25 4.6 39.5 AggrAllGS4 n 14.05 NA NA NA CoreBdA p 6.83 0.01 -2.3 17.7
US Small 46.21 0.13 20.5 45.0 Federated Hermes R6: Fidelity Advisor M: DivGrowK 34.93 0.78 12.8 42.0 StrDivIncI 17.22 0.07 7.1 44.8 FrankTemp/Franklin A: BalAllGS4 n 13.19 NA NA NA CpBdA 7.74 0.01 -2.0 23.3
US SmCpVal 44.15 0.07 28.5 35.7 FedInstHYBondL 9.98 0.04 1.4 21.1 Balanced p 28.25 0.46 7.1 54.5 DivGth n 34.97 0.77 12.8 41.6 TaxFrB nr 12.15 0.05 0.6 17.5 BAL A t 13.42 0.11 7.0 31.8 EqindxGS2 44.74 NA NA NA DevMkt 43.29 -0.21 0.8 28.9

ci on
US TgdVal 29.91 0.09 27.2 39.3 KaufmnSCL 65.97 NA NA NA EqGr p 16.52 0.42 7.3 99.2 DivIntl n 49.15 0.79 3.1 36.9 TotalBond n 11.01 0.01 -2.2 18.0 BalInv p 37.76 0.43 18.0 30.0 EqIndxGS4 n 44.73 NA NA NA DevMktA 55.23 -0.47 1.7 27.9
USLCpGr 29.90 0.80 8.1 71.1 StrValL 5.50 0.03 10.1 17.8 EqIn p 33.17 0.34 12.0 33.7 DivIntl K6 14.19 0.23 3.3 37.8 TotalBond K6 10.24 0.01 -2.2 18.3 BioDis A p 159.07 -4.62 -7.2 41.8 GrAllGS4 n 13.97 NA NA NA DiscFdA p 117.65 1.69 7.3 107.1
USLgVa 43.76 0.47 17.0 33.2 TtlRtnBdL 11.28 0.01 -1.7 18.7 GrOppM p 150.62 4.61 7.5 182.7 DivIntlK r 49.06 0.79 3.1 37.4 Trend n 154.13 5.53 4.2 99.2 CoreAll A p 23.46 0.48 7.0 48.4 GrEqGS2 32.13 NA NA NA DisMdCpGrA 32.40 0.97 6.4 93.2
USLgVaIII 29.48 0.32 17.1 33.7 Fidelity: NwInsghtM p 36.63 1.20 7.9 61.4 DivStkO n 35.92 0.99 12.2 71.9 Utility n 28.21 0.27 3.3 35.0 CvtSc A p 29.60 0.48 5.0 90.7 GrEqGS4 n 31.76 NA NA NA DivIncm p 25.18 0.17 10.1 28.6
USSmCpGr 26.31 0.18 14.8 54.9 500IdxInstPrem n 143.28 3.44 10.1 66.7 SmllCapM p 28.49 0.17 16.7 51.5 Emerg Asia nr 69.43 -0.45 1.6 98.5 Value n 14.57 0.20 21.6 52.0 DynaTech A p 145.15 5.00 3.9 118.2 IntEqGS2 15.61 NA NA NA DivrsDiv p 21.81 0.17 9.8 31.3
USSoCoreEq2 22.92 0.48 14.3 58.4 BalancedK6 14.05 0.21 7.2 NS StkSelMC 45.83 0.66 15.8 53.4 EmrgAsiaI r 68.73 -0.43 1.7 98.7 ValueDisc n 36.46 0.57 13.3 42.0 EqIn A p 29.66 0.41 9.2 42.1 LowDurGS2 13.63 NA NA NA EqIncA 12.06 0.12 10.3 34.9
USSustCoreI 33.35 0.77 11.9 69.8 Contrafund K6 20.29 0.70 7.5 76.8 StrInM p 12.58 0.05 0.7 16.3 EmrgMktK r 47.13 -0.17 3.2 51.4 ValueK 14.58 0.19 21.6 52.4 FlRtDA A p 7.62 0.00 2.4 0.5 MedDurGS2 15.07 NA NA NA EqInvA 16.12 0.22 7.4 35.7
USVectorEq 24.57 0.21 19.0 43.3 EmgMktIdxInstPre n 13.17 -0.11 3.4 22.3 Fidelity Advisor Z: EmrgMktsDebt 9.14 0.03 -3.1 7.2 Wrldw n 36.53 0.99 6.7 69.6 FoundFAlA p 14.05 0.16 4.2 15.4 ValEqGS2 21.82 NA NA NA EqWtdA p 76.65 1.12 14.1 55.0

er s
WexUSGov 10.24 0.01 -4.4 14.0 ExtMktIdxInstPre n 87.01 -4.53 4.2 61.6 CorporateBond 12.40 0.02 -3.9 NS EmrMkt nr 47.10 -0.17 3.1 50.8 Fidelity SAI: FrkIntlGrthA 21.73 0.38 1.1 56.4 GblAllocA 22.76 0.18 5.1 28.3
WrdEXUSTARGETVAL 15.11 0.19 11.9 11.1 FidSAIEmerg 14.60 0.00 7.6 NS EmMkt Z 37.91 -0.11 4.3 46.1 Eq Inc n 68.27 0.67 11.6 46.9 FidSAIEmgMktIndx 17.18 -0.14 3.4 22.0 FSmCoSer r 25.02 0.19 8.6 16.7 H GblStrIncmA p 3.68 0.01 -2.5 6.9
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Dodge & Cox: FIDSerEmgMkt 11.73 -0.13 3.4 NS FloatRateHighInc 9.41 0.02 2.4 NS EqDivIncm n 28.43 0.25 12.0 36.3 FidSAIIntlIndxFd 13.89 0.22 6.3 21.6 GoldPrM A p 24.21 0.96 -3.6 87.4 GlbOppA p 81.08 0.26 3.7 41.0
Balanced n 111.63 0.87 11.6 40.1 FidSerToMarket 14.20 0.29 10.4 NS GovtIncome 10.59 0.01 -3.0 NS EqDivIncmK 28.42 0.24 12.1 36.7 IntlValIdx 9.90 0.07 11.7 5.6 GrOp A p 55.00 1.75 2.7 90.4 Harbor Funds: Glcoreeq p 15.83 0.37 8.4 31.9
GblStock n 15.07 0.09 13.3 34.1 FIDSerTresIndxFd 10.00 0.00 0.0 NS
m er
GrOpp 168.83 5.19 7.7 188.0 EqIncK 68.21 0.65 11.6 47.3 LowDurationInc 10.01 0.00 0.0 NS Growth A p 144.24 4.10 6.5 77.0 Bond 12.00 0.02 -2.3 16.5 GlGr 37.15 0.63 9.0 49.5
Income n 14.20 0.04 -2.0 18.3 FIDZroExtMktIx n 13.32 0.04 15.6 NS IntCpAp 30.47 0.43 3.3 47.2 Europ nr 45.43 0.90 7.2 32.4 Muni Inc 10.84 0.05 0.5 NS LwDuToRt A 9.61 0.00 0.5 8.9 CapApInst 107.31 4.53 3.0 104.3 GlHltCr 44.66 0.69 -0.8 55.7
Intl Stk n 47.43 0.23 8.5 14.3 FIDZroLgCpIx n 14.72 0.41 9.4 NS InvestGradeBd 8.32 0.00 -2.7 NS Export n 21.60 0.81 9.2 22.7 SAIEmgMktLoVolIx 11.09 0.06 4.8 NS RisDv A p 85.87 1.81 7.3 59.8 CapApInv pn 101.08 4.27 2.9 102.0 GrIncA 26.77 0.38 16.3 33.1
Stock n 225.90 2.59 18.6 51.2 Flex 500 Index 17.62 0.43 10.1 66.8 NewMktsIncFdZ 14.41 0.06 -3.3 NS Fidel n 68.23 2.60 9.4 74.1 SAIInflaFocFd 11.25 0.04 8.7 NS SmCpGr A p 29.57 0.15 8.0 89.1 IntlGr r 23.08 0.30 3.5 51.5 GrowAlloc p 16.85 0.21 6.6 33.7
Domini Funds: FlexIntIdx 13.73 0.12 5.9 23.1 RE Income 12.57 0.02 7.2 NS FltRateHi nr 9.41 0.02 2.4 11.8 ShortTermBd 9.99 0.00 -0.3 NS SmCpVal A p 61.47 0.21 22.1 46.1 IntlInst r 47.49 0.71 7.8 20.2 Hyld 3.98 0.01 1.1 15.0
Intl Eq Instit 8.97 0.13 6.7 11.8 FlexUSBdIdx 10.50 0.01 -3.1 15.0 StrgInc 12.77 0.05 0.8 NS FocsdStk n 33.51 1.18 7.7 93.0 TotalBd 10.47 0.01 -2.1 NS SmMCpGrA p 49.03 1.05 4.7 102.3 LgCpValue 21.80 0.45 13.4 60.0 HYMuA 10.31 0.06 2.5 18.5
m rp
US Equity Inv pn 32.50 0.91 6.4 69.5 Freedom2060K 15.27 0.20 8.5 48.1 Fidelity Freedom: FournOne n 59.04 0.73 7.3 47.7 TxFreeBd 10.89 0.05 0.5 NS StrInc A p 9.43 0.04 -0.1 10.6 SmCpGwth 19.10 0.09 6.2 82.2 IntlBdA p 5.46 0.04 -6.0 2.2
DoubleLine Funds: GlexUSIdxInstPre n 15.42 0.13 5.8 23.0 FAFree2020I p 14.55 0.10 3.6 33.8 GNMA n 11.73 0.00 -0.2 11.4 U.S.TreBdIdx 9.98 0.01 -3.8 13.2 TgtCon A p 15.25 NA NA NA SmCpValInst 45.63 0.08 16.1 47.5 IntlDivA 23.07 0.30 2.9 31.5
CoreFxdIncmI 11.07 0.03 -1.5 13.1 GrowthCompanyK6 20.68 0.64 7.5 NS FAFree2025I 15.04 0.12 4.3 36.6 GovtInc n 10.57 0.01 -3.1 12.3 USMomentumIdx 17.74 0.65 6.4 67.9 TtlRtn A p 9.90 0.02 -2.6 13.8 Harding Loevner: IntlGrow 34.13 0.38 5.4 30.9
CorFxdIncN n 11.06 0.03 -1.6 12.2 HighIncome C 8.71 0.05 0.9 NS FAFree2035I 16.56 0.19 6.8 45.6 GroCo n 35.34 1.08 7.5 130.2 USValueIndex 11.90 0.12 18.2 31.6 FrankTemp/Franklin C: EmgMktsAdv n 69.34 NA NA NA IntlGrowA p 49.17 0.95 4.2 31.5
EmgMktIncmI 10.60 0.02 0.6 15.8 InflPrBdIndInsPr n 10.89 -0.01 -1.4 17.9 FAFree2045A 14.15 0.18 7.9 47.7 GroInc n 50.02 0.63 14.5 52.2 Fidelity Selects: CA TF C t 7.73 0.04 -0.3 15.0 IntlEq 29.32 NA NA NA IntlSmCoA 56.32 1.68 1.6 39.8
FlexibleIncomeI 9.68 0.02 1.9 12.2 IntlIdxInstPrem n 48.39 0.69 6.1 21.4 FF2005 n 13.17 0.04 0.8 21.8 GrowCoK 35.44 1.09 7.5 130.8 Banking nr 28.75 0.31 29.2 26.9 DynaTech C p 118.64 4.07 3.6 113.4 Hartford Funds A: IntTMIA p 11.49 0.03 0.8 13.5
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

GlobalBondN 10.32 0.08 -4.4 0.3 IntlIndex n 12.05 0.12 5.9 NS FF2010 n 16.60 0.07 1.8 25.6 GrowIncK 49.97 0.63 14.6 52.7 Biotech nr 21.51 -2.68 -7.8 56.0 Fed TF C t 12.25 0.07 0.2 13.1 BalIncA 15.99 0.09 3.1 29.1 InvescoFd p 27.71 1.40 -1.1 85.0
InfraIncomeI 10.49 0.01 -0.5 15.4 IntrTresBdIxPrem n 11.16 -0.04 -4.5 15.0 FF2015 n 13.87 0.08 2.8 29.3 GrStrt nr 62.59 1.57 4.8 71.4 Chem nr 16.16 0.03 12.3 20.8 Growth C t 128.73 3.64 6.3 73.1 CapAppA p 46.58 1.04 8.4 63.3 InvGloblFdA 122.46 3.26 5.9 55.6
LowDurBdI 9.98 0.01 0.4 8.7 LgCpGwId InstPre n 25.36 0.98 6.7 97.8 FF2020 n 17.81 0.13 3.8 33.0 GwthDiscovery n 55.60 1.42 7.5 101.3 Comp nr 112.46 -6.07 11.5 110.9 Income C t 2.50 0.02 8.8 24.8 Chks&Bal p 10.77 0.15 6.2 44.0 LmtdTrmMunInc p 11.55 0.01 0.3 9.6
co o

LowDurBdN n 9.97 0.01 0.4 7.9 LgCpVlIdxIstPrem n 15.09 0.19 13.7 41.0 FF2020A p 14.42 0.11 3.5 32.8 HighInc nr 8.71 0.05 0.8 15.0 ConDis nr 70.96 0.03 7.2 79.2 RisDv C t 84.24 1.76 7.1 56.2 DiscpEqA p 44.65 1.22 8.7 67.7 MnStFndA 59.67 1.45 11.9 61.6
ShillerEnhCAPEI 20.41 0.55 10.5 67.7 LTTrsBdIdxInstPr n 13.89 -0.04 -12.4 20.4 FF2025 n 16.14 0.13 4.5 35.6 Indepndnc n 49.12 1.75 6.0 66.1 ConStap nr 95.39 -2.83 0.3 32.2 FrankTemp/Franklin R: DivGth A p 31.19 0.61 13.6 52.0 MnStOpA p 26.10 0.76 12.6 63.8
ShillerEnhCAPEN n 20.40 0.55 10.5 66.5 MidCpGrwthIndx n 29.19 0.66 3.8 NS FF2025A p 14.88 0.12 4.2 35.6 IntBd n 11.15 0.01 -1.5 15.0 DfAero nr 18.19 0.23 10.7 20.1 FrkDynTchR6 152.33 5.26 4.0 120.5 EmrgMktEqAdv t 21.12 -0.17 4.0 32.2 MnStSmCpA p 30.87 0.42 12.2 44.8
TotRetBdI 10.50 0.01 -1.1 11.4 MidCpInxInstPrem n 30.09 0.46 11.4 57.9 FF2030 n 20.31 0.18 5.3 39.0 IntlCapiApp K6 16.44 0.23 3.3 48.7 Energy nr 29.07 -1.33 24.9 -26.1 FrkGrthOppR6 61.64 1.96 2.8 92.3 EqInc t 21.98 0.24 10.9 39.7 ModInvA 12.50 0.13 4.6 31.7
F

TotRetBdN n 10.50 0.02 -1.2 10.6 MidCpValIndex n 25.37 0.28 15.6 NS FF2035 n 17.77 0.20 7.2 44.3 IntlDisc n 56.36 0.75 6.2 38.0 FinSvc nr 12.34 0.18 21.3 40.9 FrkGrthR6 144.65 4.12 6.6 78.8 FltRateA t 8.41 0.03 2.1 9.5 MunInA 13.78 0.07 1.0 15.8
Driehaus Funds: NewMkt I 14.41 0.05 -3.4 NS FF2035A t 16.40 0.19 6.8 44.5 IntlEnhIdx n 11.10 0.20 8.1 17.5 Gold nr 27.68 0.88 -6.2 52.3 FrkIncR6 2.45 0.02 9.3 28.0 GrOppty t 59.19 2.17 6.9 118.9 QualityIncomeA 11.68 -0.02 -1.0 12.0
EmMktsGr n 50.07 NA NA NA OTCK6Port 18.92 0.75 10.4 NS FF2040 n 12.75 0.16 8.5 47.6 IntlGrRet n 19.42 0.38 4.4 45.7 Health nr 31.47 -0.89 -0.9 66.2 FrkRisDivR6 85.76 1.81 7.4 61.4 GrowAllA p 14.98 0.20 7.2 37.7 RchHiYldMuniA 8.08 0.05 2.5 30.6
Dupree Mutual Fds: RealEstIdxInst n 16.18 0.04 11.4 26.6 FF2040A p 18.00 0.23 8.0 47.8 IntlScOpps nr 25.70 0.75 4.3 32.1 HlthCareSrvPt r nr 130.40 -0.61 8.7 70.3 FrkSmCpGrR6 33.55 0.17 8.1 91.4 Hlthcare 41.07 0.32 0.3 60.0 RealEst p 20.00 0.06 10.8 27.6
KYTF n 8.00 0.04 0.5 14.4 SAIRealEstIndxFd 11.55 0.03 11.4 27.0 FF2045 n 14.59 0.18 8.5 47.5 IntlSmCap nr 33.66 0.43 9.9 22.6 Ind n 36.74 -3.07 -2.8 22.4 FrkTotRtnR6 9.97 0.02 -2.6 15.0 IntOppA p 20.24 0.14 3.0 26.5 RisingDivA 24.60 0.57 7.8 51.1
SAIUSLgCpIndxFd 21.67 0.58 10.4 67.1 FF2050 n 14.70 0.18 8.5 47.6 IntMu n 10.83 0.03 0.1 14.1 ITSvs n 95.69 0.84 2.1 90.0 TempGlbBndR6 9.36 0.00 -2.7 -5.3 MidCap A p 36.69 0.53 8.0 62.8 RochAMTFrMuni 7.89 0.05 1.2 27.2
E SeriesBondFd 10.41
SeriesOverseas 13.10
0.01
0.29
-3.0
5.6
NS
NS
FrdmBlen2025 K6 11.99
Free2045L 14.28
0.11
0.18
4.2
8.0
NS
48.9
InvGB n
InvGrBd
8.31
11.58
0.01
0.01
-2.7
-2.3
18.6
19.2
Leisr nr
Mat nr
19.14
94.52
-0.47
0.99
12.2
13.1
60.5
27.5
TmpFrgnR6
FrankTemp/Mutual A&B:
7.71 0.03 10.1 8.4 Muti-AstIncGw 21.49
ShtDur 10.07
0.18
0.01
2.8
0.1
21.2
10.8
RochCAMuni 9.18
RochLmtTrNYMuni p 3.06
0.04
0.01
0.8
0.5
22.9
18.8
Eaton Vance Class A: SerLTTreBdIdx 8.01 0.00 -12.2 20.6 Free2050I 14.27 0.18 8.0 48.9 LargeCap n 40.51 0.65 15.5 55.4 MdTchDevis n 73.97 -1.44 1.6 89.6 Beacn A 18.11 0.29 11.1 34.3 TotRBdA p 10.87 0.01 -2.7 16.9 RochPAMuni 11.55 0.05 1.4 28.2
AtlCpSMID p 36.84 0.56 11.7 58.6 SmCpIdxInstPrem n 28.45 -0.13 13.9 54.6 Free2055 n 16.89 0.22 8.5 47.6 LCapCrEIdx n 21.34 0.56 12.4 65.1 Multimedia nr 92.00 -0.67 10.9 101.9 Shares A 28.23 0.30 12.7 23.6 Hartford Funds C: RoMu A p 17.32 0.11 1.9 28.4
DivBldrA 18.48 0.45 8.9 56.1 STBdIdx InstPrem n 10.27 0.01 -0.5 11.2 Free2060InstPrem 16.13 0.26 7.0 47.8 LCapGrEIdx n 30.59 1.13 9.7 89.2 Pharm n 23.10 -0.76 -2.4 46.8 FrankTemp/Temp A: Bal IncC 15.74 0.09 2.9 26.2 SenFltRtA 6.92 0.02 2.8 -1.7
FloatRt 9.08 0.01 1.5 9.5 STTreIdx InstPre n 10.71 -0.02 -0.8 9.9 Free2060Investor 16.12 0.26 7.0 47.6 LevCoSt n 47.11 1.39 14.8 68.7 Retail nr 24.63 -0.26 8.3 99.5 DvMk A p 26.86 -0.31 5.7 35.8 Hartford Funds I: ShortTerm p 8.66 0.00 0.2 9.6
FltgRtAdvg p 10.54 0.03 2.2 10.9 TMktIdxInstPrem n 118.81 2.68 10.3 67.9 Freedom2010 K 16.59 0.07 1.8 25.9 LgCpVHIdx n 16.26 0.22 15.6 42.1 Semiconductors r nr 18.11 -0.34 11.7 132.1 Frgn A p 7.85 0.03 9.9 7.0 BalIncI 16.00 0.09 3.2 30.1 SmCpEq p 17.36 0.13 16.0 60.2
Inc Bos 5.58 0.02 1.5 17.8 TotalMarketIndex n 14.88 0.36 10.3 NS Freedom2015 K 13.85 0.08 2.8 29.6 LmtTrmMuniIncm n 10.85 0.02 0.2 9.7 Softwr nr 28.69 0.74 5.8 115.4 GlBond A p 9.41 0.00 -2.8 -6.4 CapAppI 46.86 1.05 8.4 64.7 SmCpGr 50.71 0.76 6.1 85.5
LgCpVal 23.74 0.33 13.3 44.4 TtlIntIdxInstPr n 14.42 0.14 6.3 23.2 Freedom2015 K6 13.81 0.08 2.8 29.9 LowP nr 56.59 0.65 16.4 44.3 Tech nr 27.24 -0.83 1.4 119.8 GlSmCo A p 12.06 0.15 13.2 31.4 DivGthI 31.01 0.60 13.7 53.2 SmCpValA t 19.92 0.11 25.8 43.2
NatlMuniInc 10.36 0.05 0.1 17.1 USBdIdxInstPrem n 12.02 0.02 -3.0 15.2 Freedom2020 K 17.80 0.13 3.9 33.3 LowPriStkK r 56.53 0.65 16.4 44.7 UtilGr nr 95.59 1.42 4.2 37.9 Growth A p 25.14 0.31 6.4 13.3 EmrgMktEqInv r 21.17 -0.16 4.1 33.1 SP IncomeA 3.69 -0.02 24.3 9.7
n-

ShDurGovIncFd 8.12 0.00 0.4 6.0 USSusIdx n 18.08 0.45 11.1 70.2 Freedom2020K6 17.75 0.13 3.9 33.7 LowPriStkK6 15.11 0.16 16.3 45.2 Fidelity Series: World A p 15.32 0.14 8.4 19.6 EqIncI 21.83 0.24 11.0 40.8 Tech p 72.52 2.45 6.9 102.1
ShDurStratIncFd 7.33 NA NA NA Fidelity Adv Focus A: Freedom2025 K 16.12 0.13 4.5 36.1 LtdTmBdFd n 11.83 0.01 -0.9 12.1 Canada 13.13 0.16 13.7 36.8 FrankTemp/Temp Adv: FltRateI 8.38 0.03 2.2 10.5 Invesco Funds C:
TMG1.0 n 1844.20 52.44 9.8 70.0 HthCarA r 65.07 0.37 2.2 62.2 Freedom2025K6 16.09 0.13 4.5 36.5 MagellanK 13.81 0.49 5.9 67.9 FASeriesEqGroFd 17.36 0.43 7.6 106.1 Frng Adv 7.72 0.03 10.1 7.8 GrowOppI t 64.05 2.35 7.0 120.7 EqWtdC 72.93 1.05 13.9 51.7
TMG1.1 82.83 2.35 9.7 68.3 TechA t 94.88 3.99 6.1 131.6 Freedom2030 K 20.29 0.18 5.3 39.3 Magin n 13.82 0.49 5.9 67.5 HthCarZ 71.51 0.41 2.3 NS GlBondAdv p 9.36 0.00 -2.8 -5.7 InterValue 15.74 0.06 13.6 5.3 RchHiYldMunC 8.05 0.05 2.3 28.2
TMG1.2 37.22 1.05 9.6 67.6 Fidelity Adv Focus C: Freedom2030K6 20.25 0.18 5.4 39.9 MAMun n 12.56 0.05 -0.1 13.7 IntMuni Z 10.85 0.03 0.2 NS TGlTotRAdv 9.53 -0.02 -3.1 -6.1 IntlAlphaInv p 17.56 0.16 6.7 47.4 TEHYC 10.27 0.05 2.3 15.8
WW Hlth Science p 13.27 0.21 1.9 55.8 HthCarC p 50.06 0.28 2.0 58.6 Freedom2035 K 17.74 0.20 7.2 44.6 Manager40 n 13.53 0.10 2.5 29.9 STCrFd 10.17 0.00 -0.2 11.1 FrankTemp/Temp B&C: MidCap 38.39 0.55 8.1 64.0 Invesco Funds Instl:
no

Eaton Vance Class I: Fidelity Adv Focus M: Freedom2035K6 17.71 0.20 7.2 45.3 Manager60 n 15.50 0.21 4.5 37.9 Fiera Capital: GlBond C p 9.44 0.00 -2.9 -7.5 MunOpptI 9.09 0.03 0.4 15.6 SmCpGr 60.44 0.91 6.2 87.5
AtlCpSMID 42.02 0.64 11.8 59.8 Tech p 88.20 3.71 6.0 129.9 Freedom2040 K 12.75 0.16 8.5 48.1 McpVl n 27.51 0.28 20.1 27.9 EmgMkt Inst 61.23 -0.19 1.3 20.4 Frost Family of Fund: ShtDur 10.04 0.01 0.2 11.8 Invesco Funds P:
FloatRtHiInc 8.68 0.02 1.8 11.8 Fidelity Advisor: Freedom2040K6 12.71 0.16 8.5 48.7 MegaCpStk n 18.66 0.37 15.8 64.3 First Eagle Funds: FrTRInst 10.31 0.02 0.8 11.6 StrInc 9.23 0.03 -1.0 22.8 Summit P pn 31.78 0.87 7.9 102.7
FltgRt 8.79 0.02 1.7 10.5 SrsAdvIntlCapApp 30.42 0.42 3.3 46.7 Freedom2045 K 14.58 0.19 8.6 48.1 MidCap n 43.76 0.51 17.8 55.4 GlbA 65.48 0.95 6.9 29.4 WorldBond 10.67 0.02 0.1 9.5 Invesco Funds Y:
GblMacAbR
IncBos
8.70 0.03
5.59 0.03
0.3
1.7
9.9
18.7
StragInc n
TotBdFdClZ
12.77
11.00
0.05 0.8 NS
0.02 -2.1 18.4
Freedom2045K6 14.54
Freedom2050 K 14.69
0.19
0.19
8.6
8.5
48.7
48.1
MidCapEnIdx nr
MidCapStkK r
19.37
43.79
0.26
0.52
12.9
17.8
49.6
55.9
Gold p
OverseasA
23.98
26.44
0.45 -4.9 51.5
0.34 3.4 17.8
G Hartford Funds Y:
DiscpEq 45.30 1.24 8.8 69.2
BalancedRiskAllY n 11.70
DevMktY n 54.41
0.10
-0.46
2.5
1.8
21.9
28.9
LgCpVal 23.85 0.33 13.5 45.5 Fidelity Advisor A: Freedom2050K6 14.67 0.19 8.6 48.8 MIMun n 12.72 0.04 0.2 15.7 US Val A t 20.71 0.32 10.0 33.7 Gabelli Funds: DivGthY 32.11 0.63 13.7 53.5 DiscovY n 139.66 2.01 7.3 108.6
NatlMuniInc 10.36 0.05 0.2 17.9 AdvMdCpIIA p 24.74 0.35 13.9 42.7 Freedom2055 K 16.88 0.21 8.5 48.0 MNMun n 12.07 0.04 -0.4 13.9 US Val I r 21.12 0.33 10.1 34.7 ABC pn 10.74 0.02 2.7 11.1 GrwthOppY 70.84 2.60 7.0 121.0 EqWtdY n 77.52 1.13 14.2 56.2
Eaton Vance Funds: AdvStrDivInA p 17.15 0.08 7.0 43.7 Freedom2055K6 16.86 0.21 8.6 48.7 MtgSec n 11.47 0.01 -0.8 12.3 FMI Funds: Asset pn 59.92 0.95 10.9 41.8 IntOppY 21.29 0.15 3.1 27.9 GlblOppY n 83.03 0.27 3.8 42.0
ParTxMgdEmgMktIn 51.61 0.23 3.4 4.0 BalancA t 27.87 0.44 7.2 55.7 Freedom2060 n 15.28 0.20 8.5 47.7 MuniInc n 13.60 0.06 0.7 17.2 IntlInvst n 35.63 0.55 10.0 20.5 SmCapG n 49.07 0.31 14.0 38.5 MidCapY 46.69 0.67 8.1 64.4 GloblY n 123.16 3.29 6.0 56.7
Edgewood Growth Instituti: BioTech 31.65 -1.20 -6.7 50.6 Idx2015InsPre 15.34 0.12 2.0 29.7 NASDAQ nr 174.78 5.34 8.0 104.9 LgCapInvst n 21.25 0.37 9.0 45.6 SmCpGrwI 51.00 0.33 14.1 39.5 Hartford HLS Fds IA: IncomeY n 3.89 -0.01 24.4 10.6
EdgewoodGrInst 55.91 2.46 8.0 101.7 DivIntlA 30.01 0.48 3.2 37.1 Idx2020InsPre 16.84 0.17 2.9 33.3 NewInsights Z 39.89 1.31 8.0 64.5 FPA Funds: Util A p 8.17 0.08 8.1 26.8 Balanced 34.12 0.49 8.1 42.9 IntGrowY n 48.88 0.95 4.2 32.5
EqGrA p/r t 17.01 0.43 7.4 100.6 Idx2025InsPre 18.90 0.21 3.5 36.0 NewMill n 42.68 0.56 16.7 46.1 FPACres n 40.23 0.36 11.8 41.3 GAMCO Funds: CapApp 55.88 1.26 7.8 61.6 IntlBdY n 5.46 0.04 -5.9 3.0
F EqInA
FF2030A p
32.21
16.32
0.32
0.15
12.1
5.0
34.6
39.1
Idx2030InsPre 19.88
Idx2035InsPre 22.02
0.24
0.32
4.2
5.9
39.4
44.5
NewMkt nr
NJMun nr
14.41
12.55
0.06
0.05
-3.4
0.5
4.5
18.0
NwInc n
Franklin A1:
10.01 0.00 0.4 8.7 GwthAAA pn
Gartmore Funds:
88.89 3.40 3.9 92.9 DiscEqui
Div&Grwth
19.24
25.28
0.51 10.6 71.2
0.50 13.9 53.9
IntlSmCoY n
RocMuniY n
55.91
17.33
1.67
0.11
1.7
2.0
40.9
29.3
Fairholme: GrOppA 152.61 4.68 7.6 184.7 Idx2040InsPre 22.30 0.36 7.1 47.9 NYMun n 13.64 0.08 0.5 15.2 AZ TF A1 p 11.02 0.04 -0.1 13.6 NationwideInstSv 29.70 NA NA NA IntlOpp 20.19 0.15 3.1 27.8 Sel40Y n 5.33 -0.04 19.7 -1.3
Fairholme n 29.36 0.72 NA NA LevCoStA p 56.69 1.62 14.8 67.1 Idx2045InsPre 23.15 0.38 7.1 47.9 OHMun n 12.47 0.05 0.1 14.2 CA TF A1 p 7.75 0.04 -0.2 17.1 Gateway: MidCap 46.95 0.67 8.1 64.4 CoreBdY n 6.79 0.01 -2.1 18.8
FAM Value: NwInsghtA p 38.55 1.27 7.9 62.6 Idx2050InsPre 23.19 0.38 7.1 47.9 OTC n 19.22 0.73 9.7 113.3 CAHY A1 p 11.36 0.06 0.9 18.4 GatewayA 38.44 0.34 4.7 22.4 SmallCo 28.62 0.10 4.3 110.2 IVA Funds:
FAMValue n 93.50 2.04 12.3 51.3 SmllCapA p 31.63 0.18 16.8 52.5 Idx2055InsPre 19.06 0.31 7.0 47.9 OTC K 19.57 0.74 9.7 113.9 CAInt A1 p 12.11 0.04 -0.2 11.0 GE Elfun/S&S: SmCpGrwth 39.78 0.15 4.3 65.6 WorldwideA t 17.39 -0.01 5.5 9.3
Federated Hermes: StkSelMC p 45.45 0.65 15.9 54.5 Idx2055Investor 19.04 0.31 7.0 47.7 OverseasK r 62.70 1.45 5.7 35.3 Fed TF A1 p 12.26 0.07 0.3 15.0 RSPIncm n 12.02 0.01 -2.5 16.3 Stock 102.25 2.14 7.0 59.3 WorldwideI r 17.50 0.00 5.5 10.2
M26 BARRON’S April 12, 2021

Mutual Funds Data provided by

Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
Ivy Funds: EqIndx p 62.22 NA NA NA MultiAstBalOppty 13.93 0.15 6.5 41.7 NewDA t 37.25 0.12 3.0 101.4 Genes n 76.82 0.68 9.2 66.3 PGIM Funds Cl A: TotRt 10.27 0.02 -2.6 15.6 VABond n 12.43 0.04 0.1 14.1
AssetStrA p 25.16 0.34 5.1 37.0 GwthAdv p 32.17 NA NA NA MultiAstInc 17.40 0.12 4.5 30.1 ReInA p 23.20 0.36 4.8 30.4 GenesisFdR6 76.79 0.69 9.3 68.0 2020FcA 18.97 0.63 8.3 71.0 PIMCO Funds Instl: Value n 47.41 0.96 15.8 50.7
AssetStr I r 25.57 0.34 5.2 38.0 Inv Bal p 16.67 NA NA NA ShDurTxFr 15.88 0.02 0.1 7.7 RetBdA t 11.25 0.02 -2.5 16.9 New Covenant Funds: Balanced 18.34 NA NA NA ComPLUSStrtgyFd 11.39 NA NA NA Price Funds - Adv Cl:
BalancedA p 27.98 0.45 7.2 46.6 InvCon p 13.66 NA NA NA ShtDurIncmA p 4.21 0.00 0.7 10.5 RschA p 55.92 1.37 9.3 63.2 Growth n 56.64 NA NA NA HighYield 5.55 0.03 2.2 23.0 DynamicBd 10.84 0.01 0.9 13.0 BlChip p 172.79 6.94 6.7 81.9
CoreEqA t 18.76 0.52 10.9 68.9 InvG&I p 19.51 NA NA NA TaxFr p 12.04 0.07 1.0 18.0 TechA p 69.46 2.56 6.4 102.5 Nicholas Group: JennBlend 26.45 0.57 9.7 63.6 GNMAGvtSec 11.38 NA NA NA CapAppA p 36.09 0.74 7.1 57.3
EmgMktEqFdI 29.13 -0.48 2.5 38.5 InvGrwt p 24.38 NA NA NA TotRet p 10.48 0.02 -1.9 14.6 TotRA p 21.67 0.22 6.4 35.8 Nch II I 34.31 0.68 8.7 61.2 JennGrowth 60.76 2.57 3.1 105.1 IncomeFd 12.01 NA NA NA Growth p 102.41 3.95 8.5 86.6
HiIncA p 7.25 0.02 4.8 18.5 LgCpGwth p 62.03 NA NA NA ValOpps p 22.12 0.34 15.4 50.4 UtilA p 23.34 0.34 2.9 40.4 Nich n 83.41 2.20 8.2 70.5 JennHealthSci 48.45 0.22 -3.0 57.6 InflRespMulAsset 9.08 NA NA NA MCapGro p 115.56 1.99 6.3 66.0
HiIncI r 7.25 0.02 4.8 19.3 MdCpGrw p 44.60 NA NA NA Lord Abbett C: ValueA p 49.63 0.78 11.0 39.3 Northern Funds: JennMidCapGrowth 22.44 0.66 6.2 91.0 RAEPLUSIntl 6.98 NA NA NA R2020A p 23.64 0.24 4.8 34.5
IntlCorEqI r 20.50 0.25 9.1 15.5 MdCpVal p 42.22 NA NA NA BdDeb 8.48 0.03 1.3 18.1 MFS Funds Class C: ActMIntlEq nr 13.14 0.13 7.6 28.0 JennSmallCompany p 26.80 0.31 15.2 64.5 RAEPLUSSml 11.09 -0.14 26.9 52.1 R2030A p 30.04 0.38 6.7 41.6
LgCpGwthA p 31.03 1.20 7.2 90.3 ShrtDurBd p 11.14 NA NA NA FloatRt p 8.39 0.02 2.0 4.2 GrAllC p 24.94 0.39 5.4 40.8 BdIdx n 10.80 0.01 -2.9 14.8 JennUtility 16.21 0.14 2.0 42.4 Pioneer Funds A: R2035 22.73 0.33 7.7 44.8
LgCpGwthl r 33.29 1.29 7.3 92.1 Sm Cap p 63.79 NA NA NA ShtDurIncmC t 4.23 0.00 0.3 8.4 Growth C t 123.08 4.85 6.4 85.6 CAIntTxEx n 10.99 0.04 -0.4 13.4 NationalMuni 15.24 0.05 0.2 14.0 AMTFreeMuniA p p 15.49 0.09 -0.8 17.9 R2040A p 32.67 0.50 8.5 47.6
LtdTrmI r 11.06 0.01 -0.1 10.2 SmCapGrw p 25.86 NA NA NA Lord Abbett F: ModAllC p 20.64 0.26 3.5 34.5 EmMktsEqIdx nr 14.46 -0.08 3.4 21.7 ShrtTermCorpBond 11.31 0.01 -0.4 12.6 BondA 10.01 0.01 -1.5 16.8 Ret2045-A p 22.73 0.37 9.1 49.4
MidCapI 43.43 1.18 6.7 114.3 SR2020 p 18.69 NA NA NA BdDeb 8.44 0.03 1.5 20.7 ValueC t 49.07 0.76 10.8 36.2 FixIn n 10.51 0.01 -2.4 16.1 TotalReturnBond p 14.49 NA NA NA CoreEqA 24.85 0.52 10.2 60.2 Ret2050-A p 19.18 0.31 9.1 49.4
MdCpGwthA p 39.17 1.06 6.6 111.8 SR2030 p 21.39 NA NA NA DevGt p 34.01 0.08 3.9 132.7 MFS Funds Class I: GlbREIdx nr 10.91 0.10 7.8 17.3 PGIM Funds Cl C: DiscGrA 19.80 0.51 6.9 83.3 Price Funds - R Cl:
MuniHighIncA t 5.07 0.02 0.9 12.6 SR2040A p 24.99 NA NA NA FloatRt p 8.38 0.02 2.2 6.4 BondI 15.04 0.02 -3.9 21.9 HiYFxInc n 6.82 0.03 2.2 21.3 TotalReturnBond 14.47 NA NA NA EqIncA 39.76 0.22 11.3 30.5 BlChipR p 164.95 6.61 6.6 80.5
ScTechA p 96.81 2.65 8.4 108.8 USEquity 20.66 NA NA NA HiYld p 7.50 0.03 2.5 18.2 ConAllI 18.05 0.17 2.1 30.8 HiYMuni n 9.00 NA NA NA PGIM Funds Cl Z: HighIncMuniA 7.43 0.04 2.2 16.3 ExtIndex nr 41.02 0.37 10.5 68.9
ScTechI r 110.78 3.03 8.4 110.0 ValAdv t 40.97 NA NA NA HYMuniBd 12.77 0.07 2.3 21.6 Growth I 172.55 6.83 6.7 91.3 IntlEqIdx nr 14.31 0.24 6.3 21.3 GlobalRealEstate 24.56 0.25 8.4 29.1 MdCapVa 27.11 0.20 15.7 28.4 GrowthR p 98.23 3.79 8.4 85.2
SmCapGrA t 22.96 0.27 7.6 71.1 JPMorgan C Class: Income 2.95 0.00 -1.8 18.4 IntNwDI 38.91 0.42 2.6 21.3 IntTxExpt n 10.87 0.03 -0.4 13.2 HighYield 5.56 0.02 2.3 24.0 PioFdA 38.25 1.00 10.8 78.9 R2020R p 23.35 0.23 4.8 33.4
SmCapGrI r 33.05 0.40 7.8 73.2 InvBal p 16.36 NA NA NA IntrTxFr 11.33 0.04 0.5 15.5 MCapI 30.70 0.72 1.9 86.0 MidCpIdx n 24.32 0.21 16.1 50.6 JennGrowth 67.24 2.85 3.2 107.1 SelMCGrA 57.66 1.21 6.0 82.0 R2030R p 29.72 0.38 6.6 40.6
InvConsvGr t 13.59 NA NA NA NatlTxF p 12.03 0.07 0.9 18.4 MCpValI 30.33 0.28 15.7 43.9 ShIntTaxFr n 10.45 0.02 -0.1 9.5 JennHealthSci 56.06 0.25 -3.0 59.0 StratIncA p p 11.27 0.04 -0.4 16.8 R2040R p 32.38 0.50 8.4 46.6
J JPMorgan Funds:
Fl EmMktEq L 44.28 NA NA NA
ShtDurIncm
ShtDurTxF p
4.21
15.89
0.01
0.03
0.7
0.2
11.1
8.1
MIGI p
MITI
41.95
38.13
1.21
0.95
8.1
10.4
85.8
60.2
SmCapIdx n
SmCpVal n
17.42
23.73
-0.08
-0.04
13.9
20.3
53.1
29.4
JennMidCapGrowth
JennSmallCompany
28.21
30.16
0.83
0.36
6.3
15.3
92.8
66.2
Pioneer Funds Y:
AMTFreeMuniY 15.42 0.09 -0.8 18.6
Ret2025-R p
Ret2035-R
20.08
22.41
0.23 5.6 37.2
0.32 7.6 43.7
Janus Henderson: MdCpVal L 43.42 NA NA NA TotRet 10.48 0.02 -1.8 15.0 ReInT t 24.07 0.38 4.9 31.5 StkIdx n 46.20 1.24 10.4 66.7 TotalReturnBond 14.44 NA NA NA BondY 9.92 0.02 -1.3 18.1 Ret2050-R 18.97 0.31 9.1 48.3
Balanced C 42.28 0.90 4.6 43.9 USEquity L 20.78 NA NA NA Lord Abbett I: RetBdI 11.25 0.02 -2.5 17.3 TxExpt n 11.01 0.04 -0.4 14.9 PIMCO Fds Admin: SelMCGrY 64.39 1.36 6.1 83.3 PRIMECAP Odyssey Fds:
Balanced S 42.76 0.91 4.8 46.3 JPMorgan I Class: BdDebentr 8.41 0.03 1.6 21.1 RschI 57.57 1.41 9.4 64.5 Nuveen Cl A: RealRetAd p 12.09 NA NA NA StratIncY p p 11.27 0.05 -0.2 17.9 AggGrowth nr 58.10 0.20 8.3 48.4
Balanced T n 42.84 0.91 4.8 47.4 CoreBond 11.94 NA NA NA DevlpGro 40.50 0.09 3.9 133.3 TotRI 21.67 0.22 6.5 36.8 AAMunBd p 12.17 NA NA NA TotRtAd p 10.27 0.02 -2.6 15.1 Price Funds: Growth nr 48.21 0.50 13.6 49.8
Contrarian T n 29.59 0.68 10.4 90.7 CorePlusBd 8.51 NA NA NA FloatRt 8.39 0.02 2.2 6.8 ValueI 49.92 0.78 11.1 40.3 CAMunBd p 11.63 0.06 -0.1 14.8 PIMCO Fds Instl: 2050RetFd n 19.41 0.32 9.2 50.6 Stock nr 40.91 0.80 16.4 53.7
Enterprise Inst 101.86 1.66 8.1 69.3 EmMktEq I 43.92 NA NA NA HiYld 7.54 0.03 2.6 18.5 MFS Funds Instl: HiYldMuBd p 17.97 NA NA NA AllAsset 12.90 NA NA NA Balnanced n 28.75 0.44 5.8 39.8 Principal Investors:
Enterprise T n 168.87 2.75 8.3 69.2 EqInc 21.81 NA NA NA ShtDurInc p 4.20 0.00 0.5 11.2 IntlEq 32.03 0.70 4.5 34.0 IntDMunBd p 9.60 NA NA NA AllAssetAuth r 8.58 NA NA NA BdEnhIdx nr 11.36 0.01 -2.7 15.9 CapApprA p 60.25 1.60 8.8 67.1
FlxBnd T n 11.03 0.02 -2.8 18.3 EqIndx 62.30 NA NA NA LSVValEq : Mondrian: LtdMnBd p 11.34 NA NA NA CommodtyRR 6.51 NA NA NA BlChip n 176.65 7.10 6.7 83.4 ConBalA p 13.40 0.13 3.7 26.8
Forty S 49.54 1.97 8.0 99.5 GrAdv r 33.62 NA NA NA LSVValEq 30.71 0.31 20.0 31.0 IntlValEq n 14.70 0.07 8.3 8.4 Nuveen Cl I: DivInc 11.11 0.03 -1.8 17.3 CA Bond n 11.90 0.04 0.5 14.7 EqIncIA p 38.85 0.49 9.8 46.1
GlbEqIncA 6.97 0.10 6.7 12.3 GvBd 10.95 NA NA NA Morgan Stanley Fds A: HYMunBd 17.97 NA NA NA EmMktsBd 10.37 0.06 -3.7 14.0 Communica&Tech n 190.63 5.65 5.6 110.0 FlIncA p 13.14 0.09 2.0 21.2
GlbResch T nr 104.56
GblResh Inst 68.27
2.55
1.67
7.3
7.3
53.2
53.8
HighYld
IntmdTFBd
7.24
11.23
NA
NA
NA
NA
NA
NA
M InsightA p 85.17
Morgan Stanley Fds I:
2.98 5.4 220.1 Nuveen Cl R:
CAMunBd 11.64 0.06 -0.1 15.5
EmrgMktCur&STInv
ExtdDur
7.94
7.30
0.02
NA
-2.5
NA
-0.9
NA
CorpInc n
DivGro n
9.86
64.77
0.01
1.39
-3.4
8.2
18.7
62.0
HiYld IN
InfPro IN
9.40
9.32
0.04
-0.01
1.5
-1.5
16.2
16.7
GlbSel T n 19.07 0.32 8.8 43.9 InvConGw 13.75 NA NA NA MainStay Fds A: FxInOpp I 5.81 0.01 -0.7 14.0 IntDMunBd 9.63 NA NA NA GlblBdOppUSH 10.70 NA NA NA DvsfMCGr n 47.90 1.17 4.0 81.8 LgCpStA p 23.79 0.64 10.2 65.1
GlLifeSci T nr 68.94 -0.37 -2.9 60.1 LgCapVal 19.57 NA NA NA ConvtA 24.30 NA NA NA Insight I 96.93 3.39 5.5 222.9 LmtTrmR 11.30 NA NA NA HiYld 9.04 0.03 0.8 20.1 EmgMktB n 11.09 0.08 -3.1 5.3 LgIndxI 23.79 0.64 10.3 66.5
GlTech T nr 58.18 2.00 8.7 126.9 LgCpGwth 63.31 NA NA NA HiYldBdA 5.65 NA NA NA Morgan Stanley Inst: NYMunBd 11.28 0.05 0.6 14.8 HiYldMuniBd 9.73 0.05 1.5 21.6 EmMktS n 55.75 -0.52 1.8 26.4 LgIndxJ tn 23.51 0.63 10.3 65.4
Grw&Inc T n 71.04 1.85 10.3 55.2 MdCpGrw 53.98 NA NA NA IncBldr 21.17 NA NA NA CapGrI 96.15 4.09 5.1 179.8 Nuveen Fds: IntlBdUnhedged r 10.28 0.06 -3.8 7.7 EqInc n 35.98 0.35 15.6 38.3 LT2020 In 14.99 0.14 3.6 31.9
MdCpVal T n 17.62 0.14 11.9 28.7 MdCpVal 42.78 NA NA NA LgCpGrA p 12.69 NA NA NA CapGrP p 89.61 3.80 5.0 177.7 RealEst 20.45 0.09 9.7 32.6 IntlBdUSH 10.90 -0.01 -1.3 13.9 EqIndex n 109.10 2.92 10.3 66.3 LT2020J tn 14.90 0.14 3.5 31.4
Resh T n 68.19 2.34 6.2 85.0 MidCapEq 61.26 NA NA NA TxFrBdA 10.67 NA NA NA CorPlusFxdIncI 11.42 0.00 -2.3 17.4 InvGrdCrBd 10.80 0.02 -3.5 18.3 Europe n 26.07 0.46 6.3 31.4 LT2030In 16.49 0.20 5.6 38.9
SCVal T n
Venture T n
24.85
105.07
0.06
0.43
17.1
3.9
24.1
64.1
MtgBckd
ShtDurBnd
11.50
11.15
NA
NA
NA
NA
NA
NA
MainStay Fds I:
EpochGlb r 19.67 NA NA NA
Discovery I 43.92
DiscoveryA p p 33.63
0.83 1.6 263.5
0.63 1.5 260.4
O LgTmRlRt
LgTrmCrdtBd
7.22
12.49
-0.10
NA
-9.2
NA
29.7
NA
FinSvcs n
GlbGr n
33.04
45.26
0.35
0.85
22.8
6.5
50.0
83.4
LT2030J tn
LT2040I
16.43
18.07
0.20
0.27
5.5
7.2
38.3
44.7
Jensen I : SmCap 75.32 NA NA NA MacKaySTMuni 9.72 NA NA NA GloFranI t 32.78 0.94 5.1 51.8 Oak Associates Funds: LngDurTotRtrn 10.05 0.01 -8.5 26.8 GlbStk n 70.13 1.07 6.6 101.8 LT2040J tn 17.88 0.26 7.1 43.9
Jensen I 58.85 1.70 6.5 68.6 SmCapGrw 29.51 NA NA NA S&P500IdxA 52.93 NA NA NA InceptionP A p 23.51 0.08 25.9 321.6 RedOakTec n 42.10 1.46 12.1 87.1 LowDur 9.93 0.00 0.0 8.8 GlbTech n 29.21 0.92 6.9 120.6 LT2050I 18.64 0.30 8.2 47.3
JensenQualGrJ n: TxAwEq 44.64 NA NA NA TRBd 11.14 NA NA NA InceptionPort I 32.09 0.11 25.9 325.0 Oakmark Funds Invest: LowDurInc r 8.68 0.00 0.8 13.6 GMS-fd n 11.84 0.02 -0.3 19.4 MdGrIII Inst 16.04 0.43 4.5 81.5
JensenQualGrJ n 58.88 1.70 6.4 67.4 USEquity 20.74 NA NA NA Mairs&Power: IntlEqI 16.92 0.35 4.4 20.3 EqtyInc nr 34.33 NA NA NA ModDur 10.46 NA NA NA GNMA n 9.37 0.00 -0.7 10.4 MidCpBldA 37.59 0.80 7.1 71.0
John Hancock: USLgCpCorPls 26.30 NA NA NA MairsPwrBal n 112.62 1.65 7.4 44.7 MorganStanleyPathway: GlbSel nr 23.76 NA NA NA MortgOppBd 10.95 0.00 0.6 12.8 Growth n 105.28 4.07 8.6 88.1 PreSecI 10.44 0.05 0.7 19.4
500Index1 47.51 1.27 10.3 65.8 USRechEnhEq 35.04 NA NA NA MairsPwrGr n 151.55 3.44 11.4 68.0 CoreFxIcm n 8.26 0.01 -3.0 17.0 Global n 36.30 NA NA NA RAEFndmtlAdvPLUS 9.36 NA NA NA HelSci n 99.12 0.13 0.3 71.3 PtrLGI In 21.81 0.81 6.8 95.5
BondI 16.28 0.04 -2.2 18.2 ValAdv 41.18 NA NA NA Marsico Funds: EmgMkt n 17.55 -0.15 3.4 14.7 Oakmark n 106.43 NA NA NA RAEPLUS r 7.06 NA NA NA HiYield n 6.66 0.03 1.6 19.0 PtrLV In 19.54 0.25 13.0 43.1
BondR6 16.31 0.04 -2.2 18.6 JPMorgan Inst Class: Focus pn 27.34 1.09 6.3 102.2 LgCapEq n 25.38 0.59 9.9 62.1 OakmrkInt n 29.03 NA NA NA RAEPlusEMG 10.57 NA NA NA InstEmMEq 50.62 -0.47 1.5 26.6 RealEstSecI 28.48 0.10 9.4 41.6
CapApprNAV 21.31 0.91 3.2 107.2 ValAdv L 41.22 NA NA NA Mass Mutual: Sm-MdCapEq nr 23.40 0.16 11.2 55.4 Select n 57.13 NA NA NA RealRtnI 12.09 NA NA NA InstFLRfd r 9.76 0.02 1.8 12.5 SAMBalA p 17.92 0.23 5.7 34.2
ClassicVal I 37.16 0.32 18.2 22.7 JPMorgan R Class: SelBluChipGroClI 32.17 1.13 7.1 85.0 Munder Funds: Oberweis Funds: RERRStg 9.08 0.04 13.4 44.7 InstHiYld 8.84 0.04 1.6 19.6 SAMGrA p 20.68 0.33 7.7 40.9
DispVal I 24.41 0.27 17.7 35.5 CoreBond 11.96 NA NA NA MassMutual Premier: MndrIntlSmCpInv r 17.68 0.33 8.4 27.8 IntlOppInst 17.96 0.79 6.0 59.8 ShortT 9.84 0.00 0.3 7.0 LgCapGow I 67.28 2.63 9.9 98.5 StrGrw A p 22.69 0.42 8.9 46.7
DispValMdCpR6 27.15 0.31 16.5 40.0 CorePlusBd 8.51 NA NA NA CoreBdI 11.07 0.02 -1.6 18.2 Munder Funds Cl Y: Old Westbury Fds: ShtAssetInv 10.00 0.00 0.0 5.4 InstLCCoreGr 69.65 2.79 6.9 84.0 ProFunds Inv Class:
DispValR6 24.46 0.27 17.7 36.0 HighYld r 7.24 NA NA NA MassMutual Select: MndrSCVClY p 44.69 0.17 25.1 33.8 AlCpCore n 23.81 0.68 8.0 69.1 StcksPLUSIntlHdg r 8.92 0.13 9.3 33.4 LgCpVal 27.17 0.29 15.0 40.9 UltNASDAQ-100 n 86.47 6.26 13.1 245.2
GblShrhYldI 12.04 0.13 9.2 22.8 LimDurBd 10.18 NA NA NA BlackRockGlAllCi 13.07 NA NA NA Mutual Series: FixInc pn 11.34 0.01 -1.8 12.4 StcksPLUSSmall 12.02 -0.05 13.8 53.0 InstSmCap 33.90 0.15 10.7 78.4 Putnam Funds:
IntlGrwI 39.02 0.32 6.2 42.6 MtgBckd 11.49 NA NA NA BlChpGrR5 32.09 1.13 7.1 84.4 BeacnZ n 18.32 0.29 11.2 35.4 LrgCpStr n 18.39 0.36 7.3 42.8 StkPlsLgDur 8.56 NA NA NA IntDis n 97.31 1.64 7.2 49.6 GrOpp R6 58.65 2.26 5.5 102.9
MdCpIdxI 24.76 0.21 16.0 49.3 ShtDurBnd 11.16 NA NA NA IdxEqI 20.45 0.55 10.4 66.9 GlbDiscA 31.48 0.23 11.9 20.9 MuniBd pn 12.43 0.04 -0.7 11.1 StksPLS 12.60 NA NA NA IntEqIdx nr 16.15 0.26 6.3 20.8 Putnam Funds Class A:
Science&TechI 44.96 1.18 7.4 119.0 SmCpEqR5 75.58 NA NA NA IndxEqR4 n 19.76 0.53 10.2 64.3 GlbDiscz n 32.23 0.24 12.0 21.8 OWstbryNYMuBndFdn 10.50 0.02 -0.6 NS StPlTRInst r 13.46 NA NA NA IntlBond n 9.47 0.07 -4.1 6.4 CATx p 8.32 0.04 0.6 16.7
TotalStkMktIdxI 28.93 0.68 10.2 66.7 SmCpVal 33.34 NA NA NA MCGrEqIII 30.12 0.65 6.6 70.2 QuestA t 14.05 0.09 7.3 9.1 Sm&MdCapStrategi n 19.37 0.32 5.2 41.1 TotRetESG 9.38 NA NA NA IntlStk n 22.08 0.06 4.9 32.4 ConvSec 33.61 0.54 4.2 80.5
VolGrw1 12.74 0.17 5.9 17.9 USEqR5 20.79 NA NA NA MCpGrEqIIS 29.72 0.64 6.6 69.6 QuestZ n 14.29 0.09 7.4 9.9 Optimum Funds Inst: TotRt 10.27 0.02 -2.6 16.0 IntlValEq n 15.59 0.08 9.6 11.2 DvrIn p 6.81 0.00 0.5 8.7
John Hancock Class 1: USRechEnhEq 34.99 NA NA NA PIMCITRetI 10.07 0.02 -2.4 18.1 SharesZ n 28.58 0.31 12.8 24.5 Fixed Inc 9.74 0.02 -2.6 16.0 TRII 9.58 NA NA NA Japan n 19.89 0.29 -1.2 41.5 DynAABalA 17.43 0.25 5.4 32.0
BlueChipGrw 59.80 2.41 6.8 82.1 JPMorgan R5 Class: Matthews Asian Funds: Intl Eqty 15.93 0.21 8.7 23.4 TrndsMgdFutStrgy 10.56 NA NA NA MCapVal n 34.43 0.11 16.4 38.3 DynAAGthA 20.33 0.35 7.6 37.0
CapAppr 21.21 0.91 3.2 106.9 SR2020 R5
SR2030 R5
18.80
21.53
NA
NA
NA
NA
NA
NA
AsiaDivInv nr 22.47 0.12 -0.3 27.0 N LgCpGrwth
LgCpVal
26.15
20.24
0.91
0.30
5.7
13.2
81.8
39.2
PIMCO Funds:
IncomeFd 12.01 NA NA NA
MCEqGr
MD Bond n
77.18
11.11
1.34
0.05
6.5
0.8
69.0
14.0
EqIn p
GeorgePutBal 23.47
29.77 0.33
0.39
13.4
4.8
46.5
47.6
LSAggr 17.67 0.26 10.0 49.1 AsiaGroInv nr 38.69 -0.72 -1.9 43.9
LSBalncd 16.16 0.19 5.8 36.9 SR2040 R5 25.16 NA NA NA Asian G&I Inv nr 18.64 -0.05 3.3 27.7 Nationwide Fds R6: SmCpGrwth 21.10 0.39 8.7 103.0 StcksPLUSIntlHdg 8.81 0.12 9.3 33.1 MidCap n 120.32 2.08 6.4 67.4 GlblEqty p 20.45 0.13 7.2 31.2
LSConserv 13.68 0.08 0.8 21.0 SRIncome R5 17.69 NA NA NA AsiaInnovInv n 26.50 -0.69 -0.7 89.2 BdIdxR6 11.41 NA NA NA SmCpVal 16.36 0.16 21.2 33.5 TotRet 10.27 0.02 -2.7 13.9 N Asia n 26.52 -0.22 5.6 48.0 GlbHlthCare p 60.23 0.33 1.1 52.6
LSGwth 17.09 0.22 8.0 43.3 JPMorgan Select Cls: ChinaInv n 27.68 -0.52 2.5 47.9 IntIdxR6 9.02 NA NA NA Osterweis Strat Income: PIMCO Funds A: N Inc n 9.67 0.01 -2.2 13.9 GrOpp p 55.15 2.11 5.4 100.6
LSModer 14.50 0.13 3.4 28.7 SmCpGrL 30.70 NA NA NA DLStrIncmR 27.63 -0.53 2.6 48.7 MidCapIdxR6 19.77 NA NA NA OsterweisStrInc n 11.44 0.05 1.7 15.6 AllAsset 12.91 NA NA NA NAmer n 74.29 1.99 8.7 109.0 HiYld A p 5.94 0.03 1.4 18.2
MidCapStock 28.22 0.80 7.9 130.9 IndiaInv nr 27.14 NA NA NA Nationwide Fds Serv: HiYld 9.04 0.03 0.7 18.8 New Era n 36.71 0.08 12.4 12.2 Incm p 7.05 0.00 -2.1 16.9
RetCho2015 11.70 0.05 -0.2 18.2 L JapanInv nr 24.81 0.53 -1.8 23.0 IDAggr p
IDMod p
10.38
10.28
NA
NA
NA
NA
NA
NA
PQ HiYldMuniBd
IncomeFd
9.73
12.01
0.05
NA
1.5
NA
20.5
NA
NHoriz n 83.53 1.05 1.5 119.5 IntlEq p
NYTx p
28.44
8.86
0.60
0.04
6.8
0.5
20.9
14.1
RetCho2025 12.79 0.08 0.9 25.3 PacTigerInv nr 35.83 -0.22 2.5 30.8 OverS SF nr 13.04 0.12 8.2 23.4
RetCho2030 14.05 0.14 2.2 31.4 Laudus Funds: MergerFundThe pn: IDModAggr p 10.50 NA NA NA PACE Funds Cl P: IntlBdUSH 10.90 -0.01 -1.4 12.6 QMUSSmCpGrEq n 50.77 0.21 6.4 62.4 ShtDurBd 10.26 0.00 0.3 9.5
RetCho2035 14.98 0.18 4.1 36.6 USLgCpGr nr 31.05 1.22 6.3 90.1 MergerFundThe pn 17.69 0.04 1.5 18.6 Natixis Funds: IntlEqty P 18.29 0.30 6.8 22.4 InvstGrCrBd 10.80 0.02 -3.6 16.9 SpectConsAllo n 22.20 0.19 3.6 29.2 SmCapGr p 73.25 0.80 6.7 103.5
RetCho2040R4 15.44 0.21 5.2 39.5 Lazard Instl: Meridian Funds: InvGradeBdA p 11.44 0.02 -1.2 18.9 LgGrEqty P 28.71 1.03 6.3 87.5 LowDurA 9.93 0.00 0.0 7.9 SpectModerAllo n 27.96 0.34 5.5 37.6 StDurInc 10.08 0.00 0.0 5.6
RetCho2045 15.82 0.22 5.9 41.4 EmgMktEq 18.97 -0.09 5.2 2.7 Growth n 53.65 0.70 11.7 64.5 InvGradeBdY 11.45 0.02 -1.1 19.8 LgVEqty P 24.10 0.31 14.8 28.0 LowDurInc 8.68 0.00 0.7 12.2 SpectModerGwAllo n 43.87 0.68 7.6 45.1 SustainLdrsFd p 123.87 3.70 10.1 86.7
RetCho2050R4 14.17 0.21 6.1 42.1 GlbLstInfr 15.32 0.10 4.6 23.2 Value n 48.56 0.32 16.5 63.6 LSGrowthY 24.90 0.72 7.6 84.9 StraFxd P 14.02 0.03 -2.7 17.7 MuniBdA 10.43 0.04 0.2 16.3 R2005 n 14.50 0.10 3.3 28.8 TFHY 13.12 0.07 2.1 18.4
RetLiv2025 11.52 0.12 4.7 37.0 IntlEq 20.91 0.34 4.4 18.7 Metropolitan West: USEqOppsA 42.35 -0.68 12.5 69.4 Pacific Life Funds: RealRtnA 12.09 NA NA NA R2010 n 19.04 0.15 3.8 30.8 TxEx p 8.85 0.04 0.6 15.9
RetLiv2030 12.14 0.16 5.8 41.3 IntStrtEq r 17.82 0.34 5.9 24.7 HiYldBdI 10.62 0.04 0.6 26.0 Neuberger Berman Fds: PortOptModAggClA p 15.88 NA NA NA ShtTmA 9.84 0.00 0.2 6.2 R2015 n 15.60 0.14 4.3 32.9 MtgSec p 12.54 0.01 1.8 13.2
RetLiv2035 12.86 0.18 7.2 44.9 USEQ Concen Inst 20.47 0.51 13.4 55.0 IntmBdI 10.76 0.01 -1.1 15.7 EmgMktInst 24.27 NA NA NA PortOptModClA r 14.65 NA NA NA StksPLSTR 13.15 NA NA NA R2020 n 23.87 0.24 4.9 35.5 Putnam Funds Class Y:
RetLiv2040 13.24 0.20 8.2 48.3 Legg Mason A: LowDurBdI 8.89 0.00 0.0 9.7 EqIncInst 14.37 0.12 8.7 30.3 Palmer Square: TotRetA 10.27 0.02 -2.6 14.8 R2025 n 20.48 0.23 5.7 39.1 EqInc 29.77 0.32 13.5 47.6
RetLiv2045 13.13 0.21 9.0 50.1 GrowFdClA 18.30 NA NA NA TotRetBd n 10.87 0.01 -2.5 17.1 GenesInst 76.86 0.69 9.3 67.5 Income Plus 10.06 NA NA NA PIMCO Funds C: R2030 n 30.38 0.39 6.8 42.7 GrOpp Y 58.18 2.24 5.5 102.1
John Hancock Funds A: Legg Mason I: TotRetBdI 10.87 0.01 -2.4 17.9 HiIncBdInst 8.78 0.04 1.7 21.3 Parnassus Fds: IncomeFd 12.01 NA NA NA R2035 n 22.88 0.33 7.7 45.9 Incm 7.19 0.01 -2.0 17.8
BalA 25.40 NA NA NA IntlGrTrI 68.57 1.42 0.9 46.1 TRBdPlan 10.19 0.01 -2.5 18.2 IntrinsicValInst 22.76 -0.13 16.7 68.4 ParnEqFd n 59.55 1.34 11.1 77.4 PIMCO Funds I2: R2040 n 33.04 0.51 8.6 48.7 ShtDurBd 10.28 0.01 0.5 10.4
BondA p 16.28 0.04 -2.3 17.2 OpporTrI 52.50 0.70 20.1 109.5 UnconstrBdI 11.98 0.02 0.3 13.1 LCVal Inst 43.56 0.15 19.8 76.4 Parnsus n 65.13 1.86 6.0 67.6 All Asset 12.93 NA NA NA RealEst n 17.86 0.11 12.7 21.2 StDurInc 10.10 0.01 0.1 6.0
DispVal 25.30 0.28 17.6 34.5 Longleaf Partners: MFS Funds Class A: LgShInst 17.05 NA NA NA Pax World Fds: CommdtyRR 6.48 NA NA NA Ret2025A p 20.35 0.23 5.7 38.2
DispValMdCp 25.96
FunLgCpCorA p 67.58
0.30
NA
16.4
NA
38.5
NA
Intl n
Partners n
18.99
25.92
0.21 9.3 20.0
-0.02 19.3 28.4
AgGrAlA p
BondA p
30.05
15.06
0.55
0.03
7.2
-3.9
49.8
21.1
MidCapGroR6 21.52
StrIncInst 11.42
0.55
0.02
6.9
0.6
86.3
17.8
SustAll Inv n
Paydenfunds:
28.07 0.44 6.5 45.3 ComPLUSStrtgyFd
DivInc
11.33
11.11
NA
0.03
NA
-1.8
NA
16.9
Ret2045 n
Ret2045R
22.93
22.40
0.38
0.36
9.1
8.9
50.6
48.3
R
InvGrBdA 10.84 0.01 -2.6 15.7 Sm-Cap n 26.83 -0.16 12.5 32.9 CoEqyA 44.84 1.06 9.8 67.4 SustainableEqIns 46.77 0.89 10.9 59.1 HiInc n 6.83 0.04 2.2 25.4 GNMAGvtSec 11.38 NA NA NA Ret2055 n 19.89 0.32 9.2 50.5 RBB Fund:
IntlGrw 38.90 0.33 6.1 41.3 Loomis Sayles Fds: ConAllA p 17.86 0.16 1.9 29.7 Neuberger Berman Inv: LowDur n 10.18 0.01 0.3 9.1 HiYldMuniBd 9.73 0.05 1.5 21.3 Ret2055 19.71 0.32 9.1 49.3 BPSmVal2Inst 31.40 0.26 20.8 35.4
LifeAggr 17.76 0.26 9.9 47.5 LSBondI 13.42 0.04 -0.4 9.8 Growth A p 160.48 6.35 6.6 89.9 Focus n 32.12 0.98 7.9 60.3 LtdMat n 9.53 0.00 0.2 6.9 Income 12.01 NA NA NA RetBal Inc n 16.33 0.11 3.7 29.5 RBC Funds:
LifeBal 16.29 0.18 5.7 35.4 LSBondR pn 13.34 0.04 -0.6 9.0 GlEqA 56.64 1.37 7.3 46.9 Genes n 76.90 0.69 9.2 66.7 Pear Tree: IntlBdUSH 10.90 -0.01 -1.3 13.6 SciTec n 61.82 1.21 12.2 114.5 AccCpCommInvI 9.00 NA NA NA
LifeConsv 13.71 0.07 0.7 19.7 LSCorBndA p 13.56 0.03 -2.6 16.7 GlTotA p 19.49 0.22 3.9 25.5 Guard n 25.47 0.67 8.2 88.3 ForeignVal I r 24.84 0.40 11.3 19.4 InvstGrCrBd 10.80 0.02 -3.5 17.9 Sht-Bd n 4.84 0.00 0.2 10.9 RiverNorth Funds:
LifeGrw 17.17 0.22 7.9 41.8 LSFixIncl 13.17 0.05 -0.3 16.2 GrAllA p 25.45 0.40 5.6 44.0 IntlEqInst r 15.75 0.39 5.7 30.2 PearValR6 12.73 0.20 11.3 19.6 LowDurInc 8.68 0.00 0.7 13.2 SmCap n 60.32 -0.05 14.3 47.2 RNDLIncomeI 10.46 NA NA NA
LifeMod 14.59 0.12 3.3 27.3 LSStrIncA p 14.02 0.06 0.6 8.8 GvScA p 10.09 0.00 -2.5 11.8 LCVal n 43.59 0.15 19.8 75.6 PearValSCapInst 16.92 0.32 13.6 20.7 LwDur 9.93 0.00 0.0 8.5 SmCapStk n 70.67 0.31 10.6 77.6 Royce Funds:
StrIncA p 6.70 0.02 -0.8 14.2 SmCpGI 37.04 0.35 5.8 74.2 HiInA p 3.44 0.01 0.9 17.8 MdCpGrInv n 21.28 0.54 6.8 84.8 Perm Port Funds: RealRtn 12.09 NA NA NA SpecGr n 26.68 0.51 10.0 51.3 Oppty I nr 20.08 -0.06 26.8 70.1
USGlobLdrs 67.11 2.34 6.8 98.7 Lord Abbett A: IntGrA t 44.02 0.72 3.7 38.8 Neuberger Berman Tr: Permanent n 48.70 0.31 6.0 40.0 ShtTm 9.84 0.00 0.3 6.7 SpecInc n 13.01 0.04 0.8 16.6 PAMut I nr 11.92 0.07 16.4 52.3
John Hancock Instl: Affiltd p 16.93 0.25 11.4 32.2 IntlDvFdA t 24.65 0.31 4.3 33.8 SpecIntl n 16.87 0.08 6.1 28.1 PremierI nr 15.31 0.03 12.7 51.1
BalancedI 25.36 NA NA NA BdDeb p 8.45 0.02 1.4 20.4 IntlIntVA t 52.73 1.17 2.0 39.9 SuMuInc n 12.42 0.05 0.7 15.2 SpecEqI nr 21.17 0.12 16.2 35.2
DispValMCI 27.15 0.31 16.4 39.6 CalibrDivGr 19.20 0.40 7.7 55.9 IntNwDA p 37.67 0.41 2.6 20.4 SuMuInt n 12.35 0.03 0.3 13.8 TotRet I nr 11.21 0.16 20.5 39.2
FunLgCpCorI 71.02 NA NA NA CoreFxdInc p 11.05 0.01 -2.2 14.9 LtdMA p 6.09 0.00 -0.1 10.4 NOTICE TO READERS: TaxEfEqty nr 54.17 1.93 6.4 90.7 RS Funds:
IncomeI 6.69 0.03 -0.7 15.4 DevGt p 31.74 0.07 3.9 131.6 MCapA 28.72 0.68 1.8 84.7 TF Incom n 12.45 0.06 2.0 16.3 CoreEqVIP 50.43 0.72 13.4 36.6
StratIncmOppI 11.36 0.05 0.5 15.1 FloatRt p 8.38 0.01 2.0 6.0 MCpValA p 29.53 0.28 15.6 42.8 Sign up for the Weekly Market Lab Newsletter: barrons.com/newsletters TF Incom n 10.41 0.04 0.4 14.8 InvQBdVIP 12.89 0.04 -2.1 15.4
USGlbLdrsGrwI 74.24 2.59 6.9 100.2 FundlEq p 13.65 0.20 13.1 35.1 MIGA p 40.51 1.16 8.0 84.5 TFSI n 5.73 0.00 0.0 8.8 Russell Funds S:
JPMorgan A Class: HiYldA t 7.51 0.04 2.5 17.9 MITA p 39.47 0.97 10.3 59.0 TotIndex n 46.23 1.10 10.2 65.9 EmerMkts 22.61 NA NA NA
CoreBond 11.95 NA NA NA HYMuniBd p 12.76 0.07 2.2 21.3 ModAllA p 21.07 0.26 3.7 37.6 Please visit the new Market Lab home page on barrons.com under Data. U.S.EqResch n 40.22 1.06 9.7 68.1 IntlDvMkt 42.72 NA NA NA
CorePlusBd p 8.51 NA NA NA IncomeA p 2.95 0.00 -1.8 18.1 MuHiA 8.58 0.04 1.9 18.0 USLrgCpCore n 33.54 0.86 9.4 60.6 InvGrdBd 21.83 NA NA NA
EmMktEq t 42.86 NA NA NA IntrTxFr 11.34 0.05 0.5 15.2 MuInA p 9.14 0.04 0.8 15.7 www.barrons.com/market-data/market-lab USTInter n 6.00 0.01 -2.9 14.4 StratBd 10.95 NA NA NA
EqInc p 21.41 NA NA NA MidCapStk 33.94 0.47 17.0 30.1 MuLtA 8.39 0.01 0.2 11.0 USTLg n 10.97 0.01 -12.1 20.8 TaxExBd 23.96 NA NA NA
April 12, 2021 BARRON’S M27

Mutual Funds Data provided by

Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
TMUSMdSmCp 39.49 NA NA NA Thrivent Funds S: TarRet2030 n 13.77 0.15 5.7 27.9 WndsrAdml n 82.17 0.91 15.1 43.7 GrwthInst 140.15 5.63 7.6 100.6 TxMCaInst r 107.91 2.79 10.2 69.5 CoreBd 13.04 0.01 -2.8 16.2
TxMngUSLgCp 61.27 NA NA NA
USSmCpEq 37.40 NA NA NA
LgCpVal n
MidCapStk n
26.93 0.30
37.11 0.52
16.1 42.9
12.6 56.9
TarRet2040 n
TarRet2050 n
13.98
14.46
0.19
0.22
7.4
8.3
30.6
33.4
VANGUARD FDS:
CAIT n 12.27 0.04 -0.2 14.1
InPrSeIn
InstIdx
11.36
360.77
-0.01
9.67
-1.3
10.4
17.9
67.1
TxMSCInst r
ValueInst
88.86 -0.38 19.6 49.8
52.13 0.58 12.9 41.7
WXYZ Growth
MdCpVal
61.16
49.38
2.24
0.65
3.8
14.1
105.8
44.4
Rydex Dynamic Fds: OppIncmPl n 10.13 0.03 -0.3 11.7 TarRetIncm n 12.00 0.08 2.9 22.9 CALT n 12.73 0.05 -0.1 17.2 InstPlus 360.79 9.67 10.4 67.2 Victory Funds: Wasatch: ShDurGovBdI 9.80 -0.01 -0.1 8.7
NasdaqStratH p 375.37 27.24 13.3 249.1 TIAA-CREF/Instl Cl: VA Bd n 11.65 NA NA NA CapOp nr 85.84 1.19 11.6 69.2 InstTStIdx 81.42 1.92 10.4 68.6 EstValA 48.28 NA NA NA CoreGr n 100.34 1.55 9.7 87.3 UlStInc 8.61 0.00 0.2 8.3
Rydex Investor Class: CoreBond Inst 10.70 0.02 -2.3 16.2 ValueFd n 17.95 0.23 14.6 30.0 DivdGro n 35.30 0.73 6.9 59.1 InstTStPlus 81.40 1.93 10.4 68.6 EstValI 48.31 NA NA NA IntlGr n 35.56 0.71 2.4 32.1 UlStMuInc 9.61 0.00 0.2 4.7
NasdaqInv n 67.07 2.49 7.3 111.2 CorePlsBd 10.87 0.02 -1.9 17.0 WldGr n 30.25 0.64 7.8 52.0 DivrEq n 51.04 1.26 10.2 77.2 ITBdInst 12.03 0.03 -3.6 18.8 EstValR p 47.79 0.51 18.9 50.4 MicCap n 13.38 -0.04 12.7 156.7 Western Asset:
TIAA-CREF/Retail Cl: EmgMktSelStk n 28.00 -0.20 5.7 29.3 ITBdInstPI 12.03 0.03 -3.6 18.8 SmCap Grwth p 96.57 -0.07 -0.9 65.2 SmCapGr n 61.46 1.07 8.1 128.5 CoreBondA 13.13 NA NA NA
S EqIdx n
Gro&Inc n
31.24 0.74
25.76 0.68
10.3
9.9
66.8
60.0
V Energy nr
EqInc n
34.71
42.05
-0.42
0.42
10.9
11.8
-26.1
40.5
LaCapInst
LTBdInst
400.48
14.96
10.91
0.02
10.0
-9.1
69.9
24.9
SmCoOppI
VirtusFunds:
55.63 NA NA NA SmCapV n
UltraGr n
10.72
50.78
0.06
0.24
18.1
7.4
53.1
164.3
CoreBondI
CoreBondIS
13.14
13.15
NA
NA
NA
NA
NA
NA
Schwab Funds: LrgCpGro n 24.64 0.93 8.6 99.2 VALIC: Explr n 141.42 1.88 9.9 79.9 LTBdInstPl 14.96 0.02 -9.1 24.9 WCM: CorePlusBdA 12.00 NA NA NA
CeredexLgCpVlEqI 15.15 0.24 12.2 43.7 CorePlusBdI 12.02 NA NA NA
1000 Inv nr 91.76 2.35 9.8 68.5 MgdAlloc n 14.20 0.12 4.0 35.3 CoreBd 11.91 0.02 -2.2 17.1 EXPValFd n 44.98 0.50 19.9 38.7 MidCpInst 62.31 0.89 10.3 57.4 CeredexMdCpVlEqI 14.11 0.15 14.1 41.0 FcusEmgMk Inst 19.83 0.00 0.1 57.4
Balanced n 18.44 NA NA NA SocChEq n 24.03 0.47 10.7 66.6 CoreVal 12.71 0.12 13.1 33.8 FTAlWldInAdml n 38.47 0.36 6.1 24.2 MidCpIstPl 307.32 4.40 10.3 57.4 FocInterGrFdInv 25.45 0.38 3.5 69.7 CorePlusBdIS 12.01 NA NA NA
GvSecUltShtBdI 10.02 -0.01 -0.1 5.0 IntermedBdI 11.13 0.01 -1.9 15.1
CoreEq n 26.65 0.74 10.4 48.1 TIAA/CREF Funds: FrgnVal 10.96 0.07 8.1 10.4 GlbCapCyl Inv nr 10.59 0.08 10.9 16.9 RealEstaInstl 20.57 0.05 11.1 40.7 InnGrSt I 64.75 2.08 -2.9 203.3 IntlSmCpGrthFd I 28.35 0.85 5.2 100.4
BdIdxInst 11.19 0.01 -2.9 14.8 GlbEq n 41.01 0.67 8.5 55.7 Rs1000GrwIdxInst 507.83 19.75 6.7 97.8 WCM Focus Funds: IntermTermMuniA 6.55 0.02 0.8 13.0
DivEqSel n 15.93 0.22 14.1 23.8 GlobEq 10.59 -0.03 7.7 21.1 LowDurCrPlBd I 10.97 0.01 0.0 10.8 IntermTermMuniI 6.55 0.03 1.0 13.6
FunIntlLgInst nr 10.19 0.09 10.9 18.6 EqIdxInst 30.67 0.73 10.4 68.2 HighYdBd 7.96 0.04 1.4 21.5 GloMinVolFdAdm n 28.60 0.18 4.6 22.6 Rs1000Vl IdxInst 265.21 3.38 13.7 40.7 VirtusFunds Cl A: WCMFocIntlGrwIns 25.62 0.39 3.5 70.9
EqIdxRet 31.13 0.74 10.2 66.9 Russ1000IdxInst 372.75 9.64 10.1 69.4 ManagedMuniA 16.68 0.08 1.1 14.7
FunUSLgInst nr 21.39 0.28 16.9 57.4 HlthSci 25.31 0.04 0.0 69.6 GNMA n 10.66 -0.01 -0.6 11.3 MidGrA 67.56 1.47 -0.7 128.0 Weitz Funds: ManagedMuniI 16.71 0.08 1.2 15.2
HlthCare n 26.95 0.38 3.4 44.6 Gr&IncInst 18.10 0.48 9.9 61.4 InflPro 11.73 -0.01 -1.8 13.8 GroInc n 63.83 1.70 11.2 64.8 Russ2000GrIxInst 420.55 -2.42 6.0 64.9 PIIIOpp 16.90 NA NA NA
MulSStA p 4.77 0.01 0.2 10.4 ShortTermBdIS 3.94 0.01 0.0 10.8
InflProSel n 12.12 -0.02 -1.4 17.9 HgYldInst 9.58 0.04 1.2 17.9 IntlEq 8.11 0.14 6.4 19.8 HlthCare nr 212.58 0.66 0.1 42.3 Russ3000Idx 370.35 8.81 10.3 68.1 ShtDurIncInst 12.41 NA NA NA SMAShCrPlCp n 9.01 0.06 -4.3 11.9
InflLkdBdInst 12.28 0.02 0.3 15.5 SmCapInst 104.50 0.41 12.4 57.1 SmCapSusA 52.29 0.15 0.5 101.6
IntI Sel nr 23.38 0.38 6.3 21.8 IntlGro 18.18 0.40 5.7 68.4 HYCor nr 5.95 0.03 0.7 20.5 ValueInv n 56.17 NA NA NA SmashSerC n 9.74 0.01 0.0 15.9
IntlEqIdxInst 22.54 0.37 6.4 21.8 InflaPro n 14.20 -0.02 -1.4 17.3 SmCapIstPl 301.64 1.19 12.4 57.1 StratGrA p 27.05 0.58 2.3 92.7 Wells Fargo Adv Admi:
IntlMstr nr 29.36 0.47 5.2 32.4 IntlSmCpEq 24.34 0.38 3.1 20.6 SmashSerM n 10.82 NA NA NA
IntlEqIdxRet 23.07 0.37 6.3 20.9 IntlExplr n 21.80 0.44 6.9 14.7 SmGthInst 79.06 0.40 5.1 77.2 TactAllA p 13.33 0.22 1.0 56.4 DiscvAdm 49.26 1.24 -1.1 104.5
MT AllEq n 21.96 NA NA NA LgCpGro 20.65 0.59 8.0 84.3 TotalRetUnconI 10.58 NA NA NA
MT Bal n 20.35 NA NA NA IntlEqInst 13.85 0.13 5.6 16.7 MidCpIdx 30.51 0.26 16.1 49.6 IntlGr n 51.61 0.66 2.4 82.6 SmValInst 40.37 0.13 18.7 39.9 VirtusFunds Cl I: Growth 54.23 1.98 3.7 104.5
EmMktI 13.74 -0.12 3.5 21.5 Westwood:
MT Gro n 25.93 NA NA NA LC2020Ret 14.49 0.10 3.0 29.4 MidCpVal 21.65 0.24 17.0 37.7 IntlVal n 43.36 0.37 7.7 21.8 STBdIdxInstPl 10.78 0.01 -0.5 11.3 Wells Fargo Adv Cl A: IncomeOppI 13.68 0.16 5.0 33.9
S&P Sel n 63.38 1.70 10.4 67.1 LC2025Ret 15.30 0.12 3.7 32.3 SciTech 40.37 1.18 7.7 120.8 INSTTRF2015 24.97 0.18 1.7 26.1 STBDInst 10.78 0.01 -0.5 11.3 ForOppI 33.20 0.69 2.6 35.2 AstAllA p p 16.53 NA NA NA
IntSmCapI 24.42 0.63 4.4 45.0 Wilmington Funds:
SmCp Sel nr 38.84 -0.18 13.9 54.6 LC2030Ret 15.98 0.14 4.5 35.1 SmCpIdx 23.20 -0.11 13.8 52.6 INSTTRF2020 27.05 0.26 3.0 31.4 STCorpIxInst p 27.47 0.04 -0.4 13.6 CmStkA p p 23.96 0.38 11.0 50.8 BroadMktBdInst 10.06 0.01 -2.7 14.7
SmCpEqSel nr 22.16 0.10 18.8 33.0 LC2035Ret 16.84 0.17 5.4 38.0 SocResp 25.22 0.53 10.7 63.5 INSTTRF2025 28.53 0.32 3.9 35.1 STIGradeInst 10.95 0.01 -0.2 12.8 MulSStI 4.78 0.01 0.2 11.2 DivCapBldr 12.50 0.20 4.9 43.2 Intl Inst 10.55 NA NA NA
Trgt2020 nr 15.42 NA NA NA LC2040Inst 12.18 0.13 6.3 41.7 StckIdx 51.64 1.38 10.3 65.6 INSTTRF2030 29.48 0.37 4.8 37.8 STIPSIxins 25.89 0.02 1.2 11.7 QualitySmCapI 28.32 0.12 15.7 62.4 IdxAstAllA 42.39 0.78 4.9 44.7 LgCpStrInst 29.67 0.77 10.1 68.6
Trgt2030 nr 17.79 NA NA NA LC2040Ret 17.55 0.19 6.2 40.6 StraBd 11.79 0.05 -0.6 17.5 INSTTRF2035 30.37 0.42 5.7 40.3 STTresIdx 25.78 0.01 0.0 8.5 SmCapSusI 53.83 0.16 0.6 103.2 OmegaGwth 76.93 3.06 4.5 100.0 Wm Blair Funds Cl I:
Trgt2040 nr 19.14 NA NA NA LC2045Ret 14.98 0.17 7.2 43.4 ValUltra 22.34 0.86 5.9 89.9 INSTTRF2040 31.29 0.48 6.6 42.9 TotBdInst 11.20 0.01 -3.0 15.2 SmCpCorI 50.40 0.12 8.9 73.4 OpptyA 54.10 1.58 8.7 63.1 IntlGthI r 40.84 0.81 3.0 45.2
TSM Sel nr 73.39 1.74 10.4 68.0 LCIdx2010Inst 17.89 0.15 2.2 29.8 Value Line Funds: INSTTRF2045 32.12 0.53 7.5 45.4 TotBdInst2 11.04 0.01 -3.1 14.8 Voya Fds: PremLgCoGrthA 18.15 0.70 7.5 95.6 SmMidI r 37.97 0.69 8.1 76.8
TxFrBd n 12.14 0.04 -0.1 13.5 LCIdx2020Inst 20.40 0.21 3.1 33.8 AstAlcClInv n 44.40 0.81 0.7 48.1 INSTTRF2050 32.25 0.55 7.6 45.8 TotBdInstPl 11.20 0.01 -3.0 15.2 GNMA A 8.51 0.00 -0.3 10.8 SpecTech 19.78 0.67 4.2 122.0 Wm Blair Funds Inst:
USSmCoIdx nr 18.05 0.01 19.9 45.7 LCIdx2025Inst 22.02 0.26 3.9 37.0 CapAppreClInv n 13.69 0.23 6.1 71.3 INSTTRF2055 32.33 0.54 7.6 45.9 TotIntBdIdxInst 34.29 0.00 -2.1 12.8 GrOppI 59.04 2.20 5.1 80.0 SpSmCpValA p p 43.18 0.21 21.7 39.1 IntlGth 21.00 0.42 3.1 46.5
Segall Bryant & Hami: LCIdx2035Inst 25.32 0.36 5.6 43.1 Van Eck Funds: INSTTRF2060 32.43 0.55 7.6 46.0 TotStInst 104.27 2.47 10.4 68.5 InmdBdI 10.30 0.01 -2.5 17.1 StrMunA 9.30 0.02 0.3 10.4 Wm Blair Funds R6:
PlusBd n 10.92 0.03 -2.3 16.6 LCIdx2040Inst 26.67 0.42 6.5 46.1 EmgMktsY 21.78 NA NA NA INSTTRFINC 24.58 0.16 1.3 24.7 TtlWrldIxInst p 204.61 3.72 8.4 46.5 TRPGrEqI 116.51 4.45 8.6 87.8 Wells Fargo Adv Inst: EmgMktGth 19.44 0.00 3.2 46.7
SEI Portfolios: LCIdx2045Inst 27.41 0.48 7.5 49.1 VANGUARD ADMIRAL: ITIGrade n 10.04 0.02 -2.9 19.7
CoreFxIn F 11.41 0.01 -3.0 16.7 LifeStkIdx 36.55 0.87 10.3 67.9 400MCpIdxInst 359.52 3.10 16.1 50.9 ITTsry n 11.39 0.02 -2.3 15.1
LrgCpGrIdxInst 52.64 2.05 6.7 97.9 LifeCon n 23.00 0.19 1.8 28.5
EMktDbt F
HiYld F
10.08
6.97
0.03
NA
-4.7
NA
1.7
NA LrgCpGrIdxRet 53.02 2.06 6.6 96.4
500Adml n
BalAdml n
381.25
46.15
10.22
0.69
10.4
4.9
67.1
46.6 LifeGro n 42.82 0.64 6.4 42.3 CORPORATE BONDS
IntlEmg F 15.08 -0.12 4.6 19.7 LrgCpGrInst 24.73 0.93 8.7 101.0 CAITAdml n 12.27 0.04 -0.1 14.4 LifeInc n 17.14 0.07 -0.6 21.3
IntlEq F 13.53 0.18 6.9 22.5 LrgCpVl IdxInst 23.21 0.30 13.7 40.8 CALTAdml n 12.73 0.05 0.0 17.5 LifeMod n 32.93 0.38 4.0 35.4 For the week ending Friday, April 9, 2021
IntMuni F 12.19 0.04 0.3 14.6 LrgCpVl IdxRet 23.64 0.30 13.7 39.7 CapOpAdml nr 198.20 2.73 11.6 69.6 LTIGrade n 10.70 0.02 -8.1 25.5 Forty most active fixed-coupon corporate bonds
LgCapGr F 49.08 NA NA NA LrgCpVl Inst 21.43 0.32 14.6 36.7 CoDilxAd n 159.93 5.63 12.3 104.9 LTTsry n 11.97 0.00 -12.0 21.2 LAST LAST **EST EST $ VOL
LgCVal F 26.73 NA NA NA MdCpGrInst 29.00 0.69 5.0 87.6 CoStIxAd nr 88.73 1.16 4.0 43.9 MATxEx n 11.38 0.06 0.1 18.1
MgdVol F 17.39 NA NA NA MdCpVl Inst 19.66 0.25 16.6 25.0 DivAppIdxAdm n 40.94 0.77 7.2 60.1 MgdPayFdInv n 18.14 0.15 5.9 24.3 COMPANY (TICKER) COUPON MATURITY PRICE YIELD SPREAD UST† (000's)
S&P500 F 87.69 NA NA NA MdCpVlRet 19.51 0.24 16.5 24.0 EMAdmr n 43.36 -0.31 4.2 22.4 MidCpGro pn 35.44 1.06 5.7 76.4
ShtGov F 10.53 -0.01 -0.1 7.9 QuantSmCpEqInst 21.97 0.05 18.4 48.9 EnergyAd nr 33.38 -1.52 30.0 -19.0 MuHY n 11.99 0.06 1.1 19.1 Organon Finance 1 Llc (ORGNON) 5.125 Apr 30, 2031 102.625 4.728 306 10 500,841
TaxMgdLC F 33.54 NA NA NA RealSecInst 19.42 0.09 10.3 50.0 EnergyAdml nr 65.11 -0.80 10.9 -25.9 MuInt n 14.78 0.05 0.0 15.1 Verizon Communications (VZ) 3.550 Mar 22, 2051 100.692 3.512 117 30 487,788
TaxMgdSmMdCp F 27.90 NA NA NA S&P500IdxInst 45.50 1.22 10.4 67.0 EqIncAdml n 88.12 0.87 11.8 40.8 MuLong n 12.17 0.05 0.2 18.3 5.750 Apr 15, 2026 102.750 4.982 412 5 482,879
Selected Funds: S&P500IdxRet 45.17 1.20 10.3 65.7 MuLtd n 11.24 0.02 0.2 9.6
Wash Multifamily Acquisition (WASMUL)
EuropeAdml n 81.46 1.63 7.8 21.8
AmShD n 48.26 1.06 19.2 56.7 ShTrmBdInst 10.47 0.00 -0.1 9.4 ExplrAdml n 131.59 1.76 9.9 80.5 MuSht n 15.94 0.01 0.1 5.8 Oracle (ORCL) 3.950 Mar 25, 2051 103.505 3.752 141 30 453,321
AmShS pn 48.12 1.06 19.1 55.3 SmCpBl IdxInst 27.73 -0.12 13.9 54.7 ExtndAdml n 137.60 1.25 10.7 71.8 OHLTte n 13.17 0.06 0.1 18.7 Organon Finance 1 Llc (ORGNON) 4.125 Apr 30, 2028 101.750 3.739 241 10 444,995
Sequoia: SmCpBl IdxRet 27.84 -0.13 13.8 53.5 FinIxdAd nr 43.59 0.73 20.0 36.0 Primcp nr 168.61 3.32 13.6 67.3
SequoiaFd n 191.49 4.50 12.9 75.2 SocChEqInst 27.27 0.54 10.8 68.0 GNMAAdml n 10.66 -0.01 -0.5 11.6 PrmcpCor n 33.55 0.67 15.8 60.6 Boeing Co (BA) 5.805 May 01, 2050 127.692 4.142 180 30 342,233
Sit Funds: SocChEqRet 27.72 0.55 10.7 66.8 GroIncAdml n 104.21 2.79 11.2 65.3 SelValu nr 30.94 0.44 19.1 38.9 Verizon Communications (VZ) 3.700 Mar 22, 2061 99.917 3.704 136 30 336,760
MinnTxF n 10.73 0.04 0.5 12.8 Tortoise Capital: GrwthAdml n 140.14 5.63 7.6 100.5 STAR n 32.58 0.41 4.8 48.3
SmeadFds: TorMLPPipInsCl 9.98 -0.06 20.0 -5.3 HltClxAd nr 115.42 1.08 3.4 59.4 STFed n 10.94 0.01 -0.1 10.2 Titan International (TWI) 7.000 Apr 30, 2028 100.125 6.969 531 10 319,167
SmeadValueInstl 61.90 0.22 22.5 56.9 Touchstone Family Fd: HlthCareAdml nr 89.64 0.28 0.1 42.5 STIGrade n 10.95 0.01 -0.3 12.4 AT&T (T) 3.500 Sep 15, 2053 92.034 3.937 160 30 283,763
SoundShoreInv n: FlexIncY 11.22 0.05 0.6 17.3 HYCorAdml nr 5.95 0.03 0.7 20.8 STIPSixInv 25.84 0.02 1.2 11.4
SoundShoreInv n 47.96 0.47 13.4 36.2 FocEqY 61.28 1.51 14.1 69.6 StratgcEq n 42.42 0.35 17.1 45.9
Cvs Health (CVS) 5.050 Mar 25, 2048 123.611 3.650 130 30 282,938
InfProAd n 27.88 -0.04 -1.3 17.7
Sprott Funds Trust: LagCapFoc A p 56.38 1.43 12.6 78.1 InfTechIdx n 195.65 8.27 8.2 135.0 StrSmCpEqInv n 42.60 0.04 20.5 43.2 News (NWSA) 3.875 May 15, 2029 100.875 3.684 202 10 272,272
GoldEq Inv p/r tn 50.40 1.67 -8.0 44.5 MdCpGrwY 41.69 1.20 4.2 79.0 IntlGrAdml n 164.22 2.12 2.5 83.2 STTsry n 10.72 0.00 -0.2 9.3 Verizon Communications (VZ) 3.400 Mar 22, 2041 102.278 3.241 102 30 266,212
SSgA Funds: MdCpY 48.15 0.71 8.7 61.9 ITBondAdml n 12.03 0.03 -3.6 18.7 TgtRe2015 n 15.99 0.11 1.7 25.9
SP500 n 261.42 7.01 10.4 66.9 SandsCapGrY 21.26 0.91 4.4 131.4 ITCorpIx n 25.15 0.07 -3.3 21.3 TgtRe2020 n 35.32 0.32 3.0 31.1 General Motors Financial Inc (GM) 2.400 Apr 10, 2028 100.158 2.375 106 10 265,818
State Farm Associate: SelGrwth 19.21 0.81 4.3 129.6 ITIGradeAdml n 10.04 0.02 -2.9 20.0 TgtRe2025 n 22.38 0.25 3.9 34.9 Oracle (ORCL) 3.650 Mar 25, 2041 102.344 3.483 127 30 228,657
Balan n 89.24 1.23 6.9 47.9 SmCoA p 6.56 0.06 16.1 52.9 ITsryAdml n 11.39 0.02 -2.2 15.4 TgtRe2030 n 42.50 0.54 4.8 37.7
Gwth n 110.74 1.93 9.5 61.9 Tr for Credit Unions: ITTresIdx n 22.78 0.05 -2.5 14.3 TgtRe2035 n 26.66 0.38 5.7 40.3 Anheuser-Busch Companies Llc (ABIBB) 4.900 Feb 01, 2046 119.585 3.674 134 30 223,993
Muni n 8.94 0.02 -0.5 14.1 UltShtDur TCU 9.44 0.00 0.2 5.4 LarCapAd n 97.30 2.65 9.9 69.9 TgtRe2040 n 47.18 0.72 6.6 42.8 Abie Inc (ABBV) 4.250 Nov 21, 2049 114.988 3.416 108 30 217,660
State Street Institu: Transamerica A: LTGradeAdml n 10.70 0.02 -8.1 25.9 TgtRe2045 n 30.29 0.50 7.4 45.4
SmCapEq (ICL) 22.36 0.17 15.2 53.6 AsAlCnsrv p 11.74 0.11 1.9 24.8 LTsryAdml n 11.97 0.00 -12.0 21.6 TgtRe2050 n 48.89 0.82 7.6 45.7 Boeing Co (BA) 5.150 May 01, 2030 115.944 3.069 141 10 216,563
US Eq (ICL) 16.50 0.45 10.4 75.7 AsAIGrow p 15.66 0.31 9.0 41.1 LTTresIdx n 28.19 0.03 -12.2 20.7 TgtRe2060 n 46.88 0.78 7.5 45.6 Nort Natural Gas (BRKHEC) 3.400 Oct 16, 2051 99.980 3.401 107 30 212,863
State Street V.I.S.: AsAlMod p 12.72 0.15 3.7 28.8 MatIdx nr 89.27 0.35 11.9 44.5 TgtRet2055 n 53.07 0.88 7.6 45.7 Lowe'S Companies (LOW) 2.625 Apr 01, 2031 101.029 2.505 84 10 207,083
TR V.I.S. Cl 1 17.67 0.17 6.3 24.5 AsAlModGr p 13.90 0.22 6.0 34.7 MidCpAdml n 282.08 4.04 10.3 57.3 TgtRetInc n 15.08 0.09 1.3 24.4
TR V.I.S. Cl 3 17.60 0.17 6.2 23.5 Balanced 33.49 0.59 5.4 45.4 MrgBkdIdx n 21.36 -0.01 -1.0 11.4 TotIntBdIxInv 11.43 0.00 -2.1 12.6 Verizon Communications (VZ) 2.550 Mar 21, 2031 100.386 2.505 85 10 200,107
Sterling Capital Fds: FocusA 54.92 2.15 4.0 165.8 MuHYAdml n 11.99 0.06 1.1 19.4 USGro n 68.67 2.61 4.6 116.9 General Motors Financial Inc (GM) 2.350 Jan 08, 2031 95.805 2.846 120 10 197,228
TotRetBdI 11.00 0.01 -2.4 17.8 Trust for Professional Ma: MuIntAdml n 14.78 0.05 0.1 15.3 WellsI n 28.71 0.13 2.0 28.7
PerfTrstMuniInst 25.66 0.15 -0.4 17.8 MuLTAdml n 12.17 0.05 0.2 18.5 Welltn n 46.95 0.90 6.5 42.6 Oracle (ORCL) 1.650 Mar 25, 2026 100.876 1.463 60 5 195,926
T PrfTrtStrtBd Ins 22.85 0.08
Tweedy Browne Fds:
-0.6 15.1 MuLtdAdml n 11.24
MuShtAdml n 15.94
0.02
0.01
0.2
0.2
9.8
6.1
Wndsr n
WndsrII n
24.36
44.49
0.26
0.88
15.0
14.9
43.2
60.3
Amerisourcebergen * (ABC) 2.700 Mar 15, 2031 100.645 2.624 100 10 191,122
TCU ShtDur : GblValue n 30.02 0.44 9.4 17.2 NJLTAdml n 12.70 0.05 0.8 20.1 VANGUARD INDEX FDS: Broadcom * (AVGO) 3.750 Feb 15, 2051 98.123 3.856 153 30 188,605
TCU ShtDur 9.81 0.00 -0.8 9.2 NYLTAdml n 12.15 0.06 0.3 17.3 500 381.27 10.21 10.4 66.6 Pacific Gas And Electric Co (PCG) 4.950 Jul 01, 2050 104.557 4.660 233 30 188,444
TCW Funds:
CoreFxInc n 11.52 0.02 -2.4 17.3
U PacifAdml n
PALTAdml n
102.72
12.13
1.13
0.06
4.7
0.5
23.7
18.9
EmgMktInstPl 109.66
ExtndIstPl 339.55
-0.79
3.08
4.2
10.7
22.7
71.9
Broadcom (AVGO) 3.469 Apr 15, 2034 101.123 3.360 170 10 187,278
EmMktInc n 8.09 0.07 -3.8 11.1 UM Funds: PrmcpAdml nr 174.74 3.43 13.6 67.7 FTAIWdInPl 129.14 1.19 6.1 24.4 Viatris (VTRS) 4.000 Jun 22, 2050 102.570 3.851 152 30 182,842
SelEqtyI n 37.68 1.50 6.4 100.7 BehavVal 79.82 NA NA NA RealEstatAdml n 132.90 0.33 11.0 40.6 Growth 140.18 5.63 7.5 99.8 Lannett Inc (LCI) 7.750 Apr 15, 2026 101.250 7.383 652 5 178,854
TotRetBondI n 10.09 0.01 -2.7 15.6 USAA Group: S&PSC600Idx 403.72 -1.68 19.6 49.9 IdxIntl 20.58 0.21 6.3 23.3
TCW Funds N: 500Indx Reward n 56.25 1.57 9.8 70.1 SmCapAdml n 104.51 0.41 12.4 57.0 ITTresIdx Inst 28.27 0.06 -2.5 14.4 Burlington Northern Santa Fe Llc (BNSF) 3.300 Sep 15, 2051 102.125 3.189 86 30 177,139
TotRetBdN pn 10.40 0.01 -2.7 14.6 CA Bd n 11.55 NA NA NA SmGthAdml n 98.71 0.49 5.1 77.1 LTTresIdx Inst 35.78 0.03 -12.2 20.8 Oracle (ORCL) 2.300 Mar 25, 2028 101.696 2.031 72 10 172,723
The Bruce Fund: CapGr n 12.92 0.29 9.6 29.8 STBondAdml n 10.78 0.01 -0.5 11.2 MdCpGrAdml n 95.98 1.97 5.3 79.5
BruceFund n 674.62 6.01 8.0 47.6 CrnrsMod n 16.63 0.15 3.8 23.2 STCorpIx n 22.44 0.04 -0.4 13.5 MdCpVlAdml n 71.10 0.57 15.9 36.2 Oracle (ORCL) 2.875 Mar 25, 2031 101.970 2.644 98 10 171,908
Third Avenue: CrnstModAggr n 28.84 0.31 4.9 24.7 STFedAdml n 10.94 0.01 -0.1 10.6 MidCp n 62.18 0.88 10.3 56.7 General Electric Co (GE) 4.350 May 01, 2050 112.851 3.624 129 30 170,652
ValueInst 53.09 0.82 23.5 19.0 ExtMktIn n 28.27 0.21 11.3 70.8 STIGradeAdml n 10.95 0.01 -0.2 12.7 RUSS2000IdxInst 343.97 -1.59 13.9 54.7 2.800 Jan 15, 2051 92.867 3.172 83 30 165,943
Thompson IM Fds,Inc: Gr&Inc n 25.34 0.70 8.7 45.8 STIPSIxAdm n 25.88 0.03 1.2 11.7 SmCap 104.48 0.40 12.4 56.5
Comcast (CMCSA)
Bond n 10.96 0.00 3.4 8.1 Gr&TxStr n 24.87 0.40 5.4 37.8 STsryAdml n 10.72 0.00 -0.1 9.6 SmValAdml n 72.22 0.23 18.7 39.8 Wells Fargo (WFC) 3.750 Jan 24, 2024 108.359 0.614 28 3 160,056
Thornburg Fds: Grwth n 36.28 1.34 6.1 81.1 STTresIdx n 20.52 0.01 0.0 8.4 TotBd 11.20 0.01 -3.1 14.8 Charles Schwab (SCHW) 4.000 Jun 01, 2049 103.550 3.260 240 30 156,689
IncBuildA t 23.33 0.16 10.2 25.6 HiIncm n 7.87 NA NA NA TotBdAdml n 11.20 0.01 -3.1 15.1 TotBd2 11.04 0.01 -3.2 14.5
IncBuildC p 23.30 0.16 10.0 22.8 Inco n 13.54 0.03 -1.7 18.5 TotIntBdIdxAdm n 22.85 0.00 -2.1 12.6 TotIntlInstIdx r 137.63 1.38 6.3 23.6 Duke Energy Carolinas Llc (DUK) 3.450 Apr 15, 2051 105.180 3.178 84 30 151,418
IntVal I 30.47 0.23 6.4 38.0 IncStk n 19.43 0.26 12.1 35.4 TotIntlAdmIdx nr 34.42 0.35 6.3 23.5 TotItlInstPlId r 137.67 1.38 6.3 23.7 AT&T (T) 3.550 Sep 15, 2055 91.762 3.992 165 30 149,395
IntValA p 29.38 0.22 6.3 36.8 Intl n 28.40 0.41 8.5 18.9 TotStAdml n 104.25 2.46 10.4 68.4 TotSt 104.23 2.47 10.4 68.0
LtdTIn 13.83 0.02 -1.2 13.4 IntmTerm n 13.91 NA NA NA TxMBal nr 39.74 0.59 4.8 40.0 VANGUARD INSTL FDS: Upc Broadband Finco (UPCB) 4.875 Jul 15, 2031 100.375 4.820 317 10 148,877
LtdTIncI 13.83 0.01 -1.1 14.4 LgTerm n 13.79 NA NA NA TxMCapAdml n 217.19 5.61 10.2 69.4 BalInst 46.16 0.70 4.9 46.7 Boeing Co (BA) 2.196 Feb 04, 2026 100.021 2.183 132 5 145,607
LtdTMu I 14.61 0.03 0.0 9.3 Nasdaq100 n 38.24 1.43 7.5 117.6 TxMIn r 16.22 0.26 7.0 24.1 DevMktsIndInst 16.24 0.26 7.0 24.1
LtdTMuA 14.60 0.02 -0.1 8.5 ntTerBd n 10.81 0.01 -1.3 20.2 TxMSC nr 88.66 -0.38 19.6 49.7 DevMktsInxInst 25.38 0.40 7.0 24.1 AT&T (T) 2.250 Feb 01, 2032 95.083 2.780 112 10 144,186
Thrivent Funds A: PrecMM n 20.13 0.67 -4.0 59.6 USGroAdml n 177.90 6.77 4.7 117.6 EmMkInst r 32.97 -0.23 4.2 22.6 Volume represents total volume for each issue; price/yield data are for trades of $1 million and greater.* Denotes a security whose last round
DivrIncPlus 7.87 0.06 2.6 20.5 S&PIdx n 56.21 1.57 9.8 69.6 UtilIxAd nr 71.26 0.85 4.2 39.6 EuroInst 34.73 0.69 7.8 21.9 lot trade did not take place on the last business day prior to publication. ** Estimated spreads, in basis points (100 basis points is one
LgCpStk 29.77 0.67 9.2 40.2 SciTech n 36.63 0.49 2.8 113.6 ValAdml n 52.13 0.58 12.9 41.7 ExDurTrsInst 38.26 -0.01 -16.4 25.8
MidCapStk 32.17 0.44 12.5 55.6 ShtT n 10.65 NA NA NA WdsrllAdml n 78.95 1.56 14.9 60.7 ExtndInst 137.59 1.25 10.7 71.8 percentage point), over the 2, 5, 10 or 30-year hot run Treasury note/bond. 2-year: 0.125 03/23; 5-year: 0.750 03/26; 10-year: 1.125
MuniBd 11.59 0.05 0.1 14.0 ShtTBdA n 9.34 0.01 0.5 12.0 WellsIAdml n 69.55 0.31 2.0 29.0 FTAlWldIst r 121.95 1.12 6.1 24.3 02/31; 30-year: 1.625 11/50.†Comparable U.S. Treasury issue.
SmCapStk p 26.35 0.11 16.4 65.0 SmCpStk n 21.42 0.06 16.2 67.7 WelltnAdml n 81.07 1.55 6.5 42.9 FTScinst 28.85 0.86 9.3 76.5 Source: MarketAxess Corporate BondTicker - www.bondticker.com
M28 BARRON’S April 12, 2021

Weekly Closed-End Funds Data provided by

52 Week 52 Week
Stock Market Prem Market TRACKING CLOSED - END FUNDS Stock Market Prem Market
Fund Name (Symbol) Exch NAV Price /Disc Return Fund Name (Symbol) Exch NAV Price /Disc Return
Friday, April 9, 2021 Wells Fargo Gl Div Oppty (EOD) ....... N 5.92 5.35 – 9.6 47.9
General Equity Funds Believe in Spring: With vaccinations rising, but new Covid cases, too, the Herzfeld U.S. Mortgage Bond Funds
Adams Diversified Equity (ADX) ...... N 22.03 18.96 – 13.9 48.5 BlckRk Income (BKT) ...................... N 6.12 6.11 – 0.2 6.7
Boulder Growth & Income (BIF) ...... N 15.38 13.10 – 14.8 38.8 Average and the Dow gained 2.7% and 1.6%, respectively, for the week ended First Trust Mtge Inc (FMY) .............. N 14.16 13.51 – 4.6 5.3
Central Secs (CET)-c ........................ A 46.43 39.15 – 15.7 46.8 Invesco HI 2023 Tgt Term (IHIT) ..... N 9.20 9.14 – 0.7 6.4
CohenStrsCEOppFd (FOF) .............. N 13.67 13.73 + 0.4 43.2 Thursday. Invesco HI 2024 Tgt Term (IHTA) .... N 9.69 9.61 – 0.8 5.7
Eagle Capital Growth (GRF)-c ........... A NA 8.35 NA 42.1 Nuveen Mortgage and Inc (JLS) ...... N NA 21.10 NA 4.2
EVTxAdvDivIncm (EVT) .................. N 27.40 26.66 – 2.7 56.8 63600 Net Asset Value Nuveen Multi-Market Inc (JMM)-c ... N 7.80 7.30 – 6.4 4.3
Equus II (EQS) ................................ N NA 1.92 NA 72.9 67200 Vertical Capital Income (VCIF) ........ N NA 10.26 NA 5.4
Foxby Corp. (FXBY) ........................ O 4.36 NA NA NA Western Asset Mtg Oppty (DMO) .... N NA 14.83 NA 9.9
GabelliDiv&IncTr (GDV) ................. N 27.73 24.64 – 11.1 65.6 12 mos
Gabelli Equity Tr (GAB)-h ................. N 6.50 6.99 + 7.5 68.4 56800 60900 Stock Market Prem Yield
GeneralAmer (GAM) ....................... N 48.34 41.35 – 14.5 51.9 Fund Name (Symbol) Exch NAV Price /Disc 3/31/21
JHancockTaxAdvDiv (HTD) ............ N 24.28 23.70 – 2.4 29.5 54600
Liberty All-Star Equity (USA) ........... N 7.98 7.92 – 0.8 64.3 Investment Grade Bond Funds
Liberty All-Star Growth (ASG)-g ....... N 8.38 8.61 + 2.7 86.8 50000 48300 Angel Oak Dynmc FS I Trm (DYFN) .. N 20.95 19.23 – 8.2 NS
NuvTaxAdvTRStrat (JTA) ............... N NA 10.90 NA 51.9 Angel Oak FS Inc Trm (FINS) ........... N 18.86 17.67 – 6.3 7.1
Royce Micro-Cap Tr (RMT) ............. N 13.49 11.77 – 12.8 112.4 BlRck Core Bond (BHK) .................. N 15.89 15.66 – 1.4 5.3
Royce Value Trust (RVT) ................. N 20.95 18.59 – 11.3 90.1 *Herzfeld 42000 BR Credit Alloc Inc (BTZ) ................. N 15.40 14.54 – 5.6 6.8
Source Capital (SOR) ...................... N 48.48 44.04 – 9.2 45.5 Closed-End 43200 3Q 4Q 1Q 2Q BR Enhcd Govt (EGF) ...................... N 13.01 12.67 – 2.6 3.8
Special Opportunities (SPE) ............ N NA 14.69 NA 57.9 Insight Select Income (INSI)-a ......... N 21.24 20.04 – 5.6 3.8
Sprott Focus Trust (FUND) .............. O 9.11 8.08 – 11.3 60.0 Average % Disc/Prem From Net Asset Value InvescoBond (VBF) ......................... N 20.71 19.46 – 6.0 3.5
Tri-Continental (TY) ........................ N 37.06 33.46 – 9.7 58.0 -2 J Han Income (JHS) ........................ N 15.88 15.26 – 3.9 5.4
Specialized Equity Funds 36400 MFS Govt Mkts (MGF) .................... N 4.52 4.40 – 2.7 7.8
Aberdeen Glb Prem Prop (AWP) ..... N 6.34 6.04 – 4.7 42.7 -4 MFS Intmdt (MIN) .......................... N 3.81 3.68 – 3.4 9.0
Aberdeen Std Gl Infra I (ASGI) ......... N 22.22 20.10 – 9.5 NS Western Asset Inf-Lk Inc (WIA) ....... N NA 12.90 NA 5.9
Adams Natural Resources (PEO) .... N 16.83 14.70 – 12.7 59.6 -6 Western Asset Inf-Lk O&I (WIW) .... N NA 12.27 NA 3.1
ASA Gold & Prec Met Ltd (ASA) ....... N 24.48 21.32 – 12.9 75.1 29600 WA Investment Grade Inc (PAI) ....... N NA 14.77 NA 3.8
BR Enh C&I (CII) ............................. N 20.94 20.08 – 4.1 54.8 WesternAssetPremBd (WEA) ......... N NA 13.86 NA 5.6
BlackRock Energy & Res (BGR) ...... N 9.40 8.78 – 6.6 27.2 -8 Westn Asst IG Def Opp Tr (IGI) ........ N NA 21.33 NA 3.8
BlackRock Eq Enh Div (BDJ) ........... N 10.28 9.69 – 5.7 47.6 Dow Industrials Loan Participation Funds
BlackRock Enh Glbl Div (BOE) ......... N 12.89 11.89 – 7.8 40.9 22800 -10 Apollo Senior Floating (AFT) ........... N NA 15.13 NA 6.4
BlackRock Enh Intl Div (BGY) .......... N 6.71 6.24 – 7.0 38.9 3Q 20 4Q 20 1Q 21 2Q 21 3Q 20 4Q 20 1Q 21 2Q 21 BR Debt Strategy (DSU) .................. N 11.71 11.13 – 5.0 7.3
BlackRock Hlth Sci Tr II (BMEZ) ...... N 29.15 27.15 – 6.9 50.4 BR F/R Inc Str (FRA) ....................... N 14.02 13.07 – 6.8 6.9
BlackRock Hlth Sciences (BME) ...... N 45.55 47.13 + 3.5 30.8 The Herzfeld Closed-End Average measures 15 equally-weighted closed-end funds based in the U.S. that invest principally in BlackRock Floatng Rt Inc (BGT) ...... N 13.61 12.66 – 7.0 6.9
BlackRock Innov and Grow (BIGZ) .. N 20.21 NA NA NS Blackstone Lng-Sh Cr Inc (BGX) ..... N 15.41 14.24 – 7.6 7.9
BlackRock Res & Comm (BCX) ....... N 9.43 9.20 – 2.4 78.5 American equities. The net assest value is a weighted average of the funds' NAVs. Source: Thomas J. Herzfeld Advisors Inc., Miami. Blackstone Sr Fl Rt Tm (BSL) .......... N 16.37 16.00 – 2.3 6.6
BlackRock Sci&Tech Tr II (BSTZ) .... N 39.97 38.72 – 3.1 122.6 305-271-1900/www.herzfeld.com Blackstone Strat Cr (BGB) ............... N 14.62 13.42 – 8.2 7.7
BlackRock Sci&Tech Trust (BST) .... N 53.46 58.84 + 10.1 105.9 BNY Mellon Alct GCI 2024 (DCF)-a ... N 9.32 9.26 – 0.6 6.4
BlackRock Utl Inf & Pwr (BUI) ......... N 24.91 25.48 + 2.3 44.5 52 Week 52 Week Eagle Point Credit (ECC) .................. N NA 12.15 NA 7.3
CBRE ClrnGlbRlEst (IGR) ................ A 8.73 7.94 – 9.0 49.5 Eagle Point Income (EIC) ................ N NA 15.76 NA 5.7
CLEARBRIDGE ENGY MDS OPP (EMO) N NA 19.07 NA 141.4 Stock Market Prem Market Stock Market Prem Market Eaton Vance F-R 2022 TT (EFL) ....... N 9.31 9.63 + 3.4 4.6
CLEARBRIDGE MLP&MDSTM TR (CTR) N NA 20.77 NA 135.9 Fund Name (Symbol) Exch NAV Price /Disc Return Fund Name (Symbol) Exch NAV Price /Disc Return EtnVncFltRteInc (EFT) .................... N 14.59 14.28 – 2.1 5.2
ClearBridge MLP & Midstm (CEM) .. N NA 24.13 NA 113.7 NuveenDiversDiv&Inc (JDD) .......... N NA 9.80 NA 39.2 VAGI Conv & Inc II (NCZ) ................ N 5.69 5.13 – 9.8 67.5 EtnVncFltRteIncPlus (EFF) .............. N 16.59 16.41 – 1.1 4.5
Cntr Cst Brkfld MLP&EI (CEN) ......... N 15.19 11.49 – 24.4 20.6 Nuveen Nasdaq 100 Dyn Ov (QQQX) N 28.02 28.22 + 0.7 47.3 VAGI Conv & Inc (NCV) ................... N 6.34 5.85 – 7.7 66.9 EV SenFlRtTr (EFR) ......................... N 14.38 14.01 – 2.6 5.6
ChnStrInfr (UTF) ............................. N 26.11 29.11 + 11.5 55.2 Nuv Real Est (JRS) .......................... A 10.61 9.88 – 6.9 42.2 VAGI Con & Inc 2024 (CBH) ............ N 10.53 10.42 – 1.0 31.6 EVSnrIncm (EVF) ........................... N 6.86 6.68 – 2.6 5.8
COHEN & STEERS MLP INC&E (MIE) N 3.46 3.30 – 4.6 93.5 Nuveen Rl Asst Inc & Gro (JRI) ........ N NA 15.18 NA 47.9 VAGI Dvs Inc & Conv (ACV) ............. N 35.80 33.32 – 6.9 82.0 First Eagle Senior Loan (FSLF) ........ N 15.90 14.48 – 8.9 6.5
Cohen&SteersQualInc (RQI) ........... N 14.60 14.40 – 1.4 50.3 NuvS&P500DynOvFd (SPXX) ......... N NA 17.09 NA 44.0 VAGI Eqty & Conv Inc (NIE) ............. N 32.17 29.07 – 9.6 57.2 FT/Sr Fltg Rte Inc 2 (FCT) ................ N 12.72 12.22 – 3.9 9.9
Cohen&Steers TotRet (RFI) ............ N 14.06 14.86 + 5.7 39.1 NuvSP500BuyIncFd (BXMX) .......... N 14.53 13.78 – 5.2 35.9 World Equity Funds FT/Sr Fltg Rte 2022 TgTr (FIV) ......... N 9.64 9.39 – 2.6 2.2
CohenStrsREITPrefInc (RNP) ......... N 25.16 24.82 – 1.4 42.0 PIMGlbStkPI (PGP) ........................ N NA 11.17 NA 43.4 AbrdnAusEq (IAF) ........................... A 6.14 5.98 – 2.6 67.9 Highland Income (HFRO) ................ N 13.56 11.10 – 18.1 8.3
Columbia Sel Prm Tech Gr (STK) ..... N 32.83 33.16 + 1.0 79.7 ReavesUtilityIncome (UTG) ............ A 33.27 33.81 + 1.6 24.8 Aberdeen Emg Mkts Eq Inc (AEF) .... A 9.85 8.58 – 12.9 61.2 InvDYCrOpp (VTA) ......................... N 12.16 11.53 – 5.2 7.9
CushingMLPTotRet (SRV)-d ............ N 32.89 25.37 – 22.9 61.6 RMR Mortgage Trust (RMRM) ........ A NA 12.31 NA 3.1 Aberdeen Glbl Dyn Div (AGD) .......... N 12.79 11.48 – 10.2 53.9 InvSnrIncTr (VVR) .......................... N 4.60 4.23 – 8.0 6.1
Cushing NextGen Inf Inc (SZC) ........ N 52.63 41.70 – 20.8 63.6 Salient Midstream & MLP (SMM) ... N 6.74 5.20 – 22.8 57.2 Aberdeen Japan Equity (JEQ) .......... N 10.68 9.15 – 14.3 46.2 Nuveen Credit Strat Inc (JQC) ......... N NA 6.66 NA 14.7
DNP Select Income (DNP) .............. N 9.44 9.95 + 5.4 1.3 Tortoise Energy Ind (NDP) .............. N 21.43 17.64 – 17.7 51.0 Aberdeen Tot Dyn Div (AOD) ........... N 10.90 9.78 – 10.3 49.4 NuvFloatRateIncFd (JFR) ................ N NA 9.73 NA 6.2
Duff&Ph Uti&Infra Inc Fd (DPG) ...... N 13.92 13.87 – 0.4 46.0 Tortoise Enrgy Infra Crp (TYG) ........ N 32.07 25.27 – 21.2 110.3 BlackRock Capital Alloc (BCAT) ...... N 21.56 21.84 + 1.3 NS NuvFloatRteIncOppty (JRO) ........... N NA 9.58 NA 6.1
Duff&Ph Sel MLP&MS Engy (DSE) . N 7.78 7.42 – 4.6 72.5 Tortoise Ess Asst Inc Tm (TEAF) ..... N 16.81 14.81 – 11.9 52.8 Calamos GloDynInc (CHW) ............. N 10.07 10.88 + 8.0 94.2 Nuveen Senior Income (NSL) .......... N NA 5.64 NA 6.7
EtnVncEqtyInc (EOI) ....................... N 18.13 17.49 – 3.5 45.5 Tortoise Midstream Enrgy (NTG) .... N 33.75 26.38 – 21.8 104.9 Cdn Genl Inv (CGI)-y ........................ T 55.30 37.75 – 31.7 87.1 Nuveen Sht Dur Crdt Opp (JSD) ...... N NA 14.27 NA 6.4
EtnVncEqtyIncoII (EOS) ................. N 22.61 22.60 + 0.0 60.8 Tortoise Pipelne & Enrgy (TTP) ....... N 26.07 20.50 – 21.4 65.6 Central and Eastern Euro (CEE) ....... N 27.82 24.30 – 12.7 28.4 PionrFltRate Tr (PHD) ..................... N 11.69 11.63 – 0.5 6.4
EVRskMnDvsEqInc (ETJ) ............... N 10.40 10.86 + 4.4 33.4 Tortoise Pwr & Engy Infr (TPZ) ....... N 14.92 12.28 – 17.7 71.6 China (CHN) ................................... N 32.17 29.40 – 8.6 66.9 High Yield Bond Funds
ETnVncTxMgdBuyWrtInc (ETB) ..... N 15.50 16.00 + 3.2 34.6 VAGIAI & Tech Opptys (AIO) ........... N 29.18 27.50 – 5.8 81.4 Delaware Enh Gl Div & In (DEX) ....... N 11.06 9.99 – 9.7 35.8 Aberdeen Inc Credit Str (ACP) ......... N 11.62 11.66 + 0.3 11.2
EtnVncTxMgdBuyWrtOpp (ETV) ..... N 15.31 15.76 + 2.9 36.4 VDivInt&PremStr (NFJ) .................. N 16.08 14.33 – 10.9 47.5 EV TxAdvGlbDivInc (ETG) ............... N 21.30 19.80 – 7.0 61.6 AllianceBernGlHiIncm (AWF)-a ........ N 12.84 11.94 – 7.0 6.6
EvTxMnDvsEqInc (ETY) ................. N 13.56 13.16 – 2.9 42.3 Wells Fargo Ut & Hi Inc (ERH) ......... A 12.84 13.50 + 5.1 20.7 EtnVncTxAdvOpp (ETO) ................. N 29.25 28.09 – 4.0 53.9 Barings Glb SD HY Bd (BGH) ........... N 17.57 16.16 – 8.0 7.8
EtnVncTxMgdGlbB (ETW) .............. N 10.79 10.64 – 1.4 45.9 Income & Preferred Stock Funds Economic Inv Tr (N/A)-cy ................. T 180.95 118.35 – 34.6 33.4 BR Corporate HY (HYT) .................. N 12.14 11.84 – 2.5 7.9
EVTxMnGblDvEqInc (EXG) ............. N 9.97 9.54 – 4.3 52.7 CalamosStratTot (CSQ) .................. N 17.36 18.19 + 4.8 82.1 European Equity Fund Inc (EEA) ...... N 12.57 11.02 – 12.3 52.7 BlackRock Ltd Dur Inc (BLW) .......... N 17.14 16.97 – 1.0 7.0
First Trust Energy Inc G (FEN) ......... A 13.96 13.77 – 1.4 48.9 CohenStrsLtdDurPref&Inc (LDP) ... N 26.04 26.71 + 2.6 30.0 FirstTrAbEmergOp (FEO) ................ N 15.51 14.38 – 7.3 50.3 BNY Mellon Hi Yield Str (DHF)-a ....... N 3.31 3.09 – 6.6 8.3
First Tr Enhanced Eq (FFA) .............. N 20.05 19.37 – 3.4 56.5 CohenStrsSelPref&Income (PSF) ... N 26.79 28.88 + 7.8 29.3 FirstTr Dyn Euro Eq Inc (FDEU) ....... N 14.67 13.06 – 11.0 39.1 Brookfield Real Asst Inc (RA) .......... N NA 21.62 NA 11.5
First Tr Specialty Fn (FGB) ............... N 4.25 4.06 – 4.5 64.3 CohenStrsTaxAvPreSecs&I (PTA) .. N 25.83 25.07 – 2.9 NS Gabelli Gl Sm&Mid Cp Val (GGZ) ..... N 17.16 14.78 – 13.9 103.4 CrSuisHighYld (DHY) ..................... A NA 2.39 NA 8.1
FirstTrEnergyInfra (FIF) .................. N 14.07 12.38 – 12.0 32.3 Del Div & Inc (DDF) ......................... N 10.70 10.58 – 1.1 29.7 Gabelli Multimedia (GGT)-h ............. N 9.17 10.04 + 9.5 84.9 CSAM Income Fd (CIK) ................... A NA 3.45 NA 7.9
FirstTrMLPEner&Inc (FEI) .............. N 7.83 7.06 – 9.8 58.2 Dividend and Income (DNI) ............. N 18.98 13.19 – 30.5 52.7 GDL Fund (GDL) ............................. N 10.81 8.94 – 17.3 19.6 DoubleLine Inc Sol (DSL) ................ N 18.33 18.18 – 0.8 9.1
Gab Gl Util & Inc (GLU)-h ................. A 21.01 20.00 – 4.8 42.9 FirstTrIntDurPref&Inc (FPF) ........... N 24.43 23.99 – 1.8 30.7 Herzfeld Caribb (CUBA) .................. O 7.28 6.12 – 15.9 71.3 DoubleLine Yld Opps (DLY) ............ N NA 19.54 NA 7.3
Gabelli Healthcare (GRX)-h .............. N 14.51 12.56 – 13.4 37.3 Gabelli Go Anywhere Tr (GGO) ........ N 16.42 NA NA NA Highland Global Alloc (HGLB) ......... N 11.02 8.09 – 26.6 91.4 EV2021TgtTm (EHT) ...................... N 9.86 9.83 – 0.3 3.4
Gab Utility (GUT)-h .......................... N 4.31 7.07 + 64.0 21.7 JHanPrefInc (HPI) .......................... N 20.24 20.73 + 2.4 26.1 India Fund (IFN) .............................. N 23.19 21.40 – 7.7 66.6 First Tr Hi Inc Lng/Shrt (FSD) .......... N 16.44 15.14 – 7.9 8.7
GAMCOGlGold&NatRes (GGN) ....... A 4.03 3.60 – 10.7 21.7 JHPrefIncII (HPF) ........................... N 19.94 21.31 + 6.9 37.2 J Han Hdgd Ety & Inc (HEQ) ............ N 13.35 12.26 – 8.2 26.3 First Trust HY Opp:2027 (FTHY) ...... N 21.27 20.10 – 5.5 NS
GAMCO NR GLD & INC TR (GNT) .... N 6.01 5.28 – 12.1 28.1 HnckJPfdInco III (HPS) .................. N 17.83 18.41 + 3.3 32.2 JHancockTaxAdv Gl Sh Yld (HTY) ... N 6.72 6.33 – 5.8 33.0 Franklin Univ (FT) ........................... N 8.76 7.61 – 13.1 5.1
J Han Finl Opptys (BTO) .................. N 37.17 39.11 + 5.2 103.1 J Han Prm (PDT) ............................. N 14.43 15.14 + 4.9 26.8 Japan Smaller Cap (JOF) ................. N NA 9.39 NA 40.1 InvHighIncTrII (VLT) ...................... N 15.03 14.03 – 6.7 8.3
Macquarie/FirstTr Gl (MFD) ............ N 10.18 9.49 – 6.8 32.5 LMP CapInco (SCD) ........................ N NA 13.08 NA 56.5 Korea (KF) ...................................... N NA 44.74 NA 92.7 IVY HIGH INCOME OPP (IVH) ......... N 15.15 13.65 – 9.9 8.1
Madison CovCall & Eq Str (MCN) .... N 7.61 7.90 + 3.8 61.7 Nuveen Pref & I 2022 Trm (JPT) ...... N 24.60 24.48 – 0.5 26.3 LazardGlbTotRetInc (LGI)-a ............. N 20.68 19.75 – 4.5 64.8 KKR Income Opportunities (KIO)-a .. N NA 15.84 NA 8.8
Neuberger Brmn MLP & EI (NML) ... N 5.45 4.28 – 21.5 109.7 Nuveen Pref & Inc Opp (JPC) .......... N 9.81 9.55 – 2.7 28.5 MexicoEqandIncmFd (MXE) ........... N 12.73 10.61 – 16.6 52.4 MFS IntmdHgInc (CIF) .................... N 2.46 2.57 + 4.5 8.9
NubrgrRlEstSec (NRO) ................... A 4.82 4.62 – 4.1 44.3 Nuveen Fd (JPS) ............................. N 9.80 9.73 – 0.7 30.2 Mexico (MXF) ................................. N NA 14.56 NA 68.0 NeubHgYldStrt (NHS) ..................... N 12.72 12.89 + 1.3 8.4
Nuv Dow 30 Dyn Overwrite (DIAX) .. N 17.85 16.50 – 7.6 32.8 Nuveen Pref & Inc Term (JPI) .......... N 24.99 25.24 + 1.0 35.9 Miller/Howard High Inc E (HIE) ....... N 10.53 9.74 – 7.5 89.2 New Amer Hi Inc (HYB) ................... N NA 9.23 NA 7.0
NuvCorEqAlpha (JCE) ..................... N 16.38 15.58 – 4.9 42.6 Nuveen TxAdvDivGr (JTD) .............. N 17.01 15.25 – 10.3 33.4 MS ChinaShrFd (CAF)-J ................... N 25.36 22.57 – 11.0 32.8 NexPointStratOppty (NHF) ............. N 19.53 11.55 – 40.9 7.9
TCW Strat Income (TSI) .................. N NA 5.67 NA 9.1 MS India (IIF) .................................. N 26.73 22.93 – 14.2 73.0 Nuveen CI 2023 Target (JHAA) ........ N 10.12 10.03 – 0.9 5.1
a-NAV and market price are ex dividend. b-NAV is fully diluted. c- Convertible Sec's. Funds New Germany (GF) ......................... N 23.15 20.27 – 12.4 83.7 Nuveen CI Nov 2021 Tgt (JHB) ........ N 9.50 9.39 – 1.2 3.4
NAV is as of Thursday’s close. d-NAV is as of Wednesday’s close. AdvntCnvrtbl&IncFd (AVK) ............. N 20.49 18.30 – 10.7 74.7 New Ireland (IRL) ........................... N 14.72 12.83 – 12.8 92.6 Nuveen Crdt Opps 2022 TT (JCO) .... N 8.36 8.46 + 1.2 6.7
e-NAV assumes rights offering is fully subscribed. f-Rights offering Bancroft Fund Ltd (BCV) ................. A 32.54 30.45 – 6.4 66.6 RENN Fund (RCG) .......................... A NA 2.62 NA 136.0 Nuveen Global High Inc (JGH) ......... N 16.96 15.60 – 8.0 7.0
CalamosConvHi (CHY) ................... N 16.34 15.98 – 2.2 76.1 Royce Global Value Trust (RGT) ...... N 16.07 14.48 – 9.9 73.5 PGIM Global High Yield (GHY) ........ N 16.53 15.06 – 8.9 8.4
in process. g-Rights offering announced. h-Lipper data has been ad- CalmosConvOp (CHI) ..................... N 15.48 15.31 – 1.1 88.2 Swiss Helvetia (SWZ) ..................... N 10.56 9.20 – 12.9 35.0 PGIM High Yield Bond (ISD) ........... N 17.16 15.87 – 7.5 8.0
justed for rights offering. j-Rights offering has expired, but Lipper Ellsworth G&I Fund Ltd (ECF) .......... A 14.66 13.92 – 5.0 62.4 Templeton Dragon (TDF) ................ N 24.71 23.26 – 5.9 68.7 PGIM Sh Dur Hi Yld Opp (SDHY) ..... N 20.06 NA NA NS
data not yet adjusted. l-NAV as of previous day. o-Tender offer in Gabelli Conv Sec (GCV) ................... N 6.74 6.38 – 5.3 52.9 Templeton Em Mkt (EMF) ............... N 21.18 19.27 – 9.0 67.4 PioneerHilncmTr (PHT) .................. N 9.66 9.64 – 0.2 8.1
process. Source: Lipper HiIncBd (PCF) ................................. N 9.22 8.93 – 3.1 39.5 United Corps Ltd (UNC)-cy ............... T 174.99 108.50 – 38.0 22.5 Wells Fargo Income Oppty (EAD) .... A 9.16 8.58 – 6.3 8.1

THREE YEAR TED SPREAD Market Sentiment LAST +1.01

Citigroup Panic/Euphoria Model
2.1
1.5 Euphoria
1.4 1.4
1.3
1.2
0.7
1.1
1.0
0.9 0
0.8
0.7 -0.7
0.6 Panic
0.5 -1.4
0.4
0.3 -2.1
0.2 M A M J J A S O N D J F M A
0.1 The panic/euphoria model is a gauge of investor sentiment. It identifies "Panic" and "Euphoria" levels which are statistically driven buy and
Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 sell signals for the broader market. Historically, a reading below panic supports a better than 95% likelihood that stock prices will be
18 19 20 21 higher one year later, while euphoria levels generate a better than 80% probability of stock prices being lower one year later.
Source: Citigroup Investment Research - US Equity Strategy
April 12, 2021 BARRON’S M29

Weekly Closed-End Funds Data provided by

12 mos 12 mos 12 mos 52 Week

Stock Market Prem Yield Stock Market Prem Yield Stock Market Prem Yield Stock Market Prem Market
Fund Name (Symbol) Exch NAV Price /Disc 3/31/21 Fund Name (Symbol) Exch NAV Price /Disc 3/31/21 Fund Name (Symbol) Exch NAV Price /Disc 3/31/21 Fund Name (Symbol) Exch NAV Price /Disc Return
WstAstHIF II (HIX) .......................... N NA 6.94 NA 8.5 InvTrInvGrMu (VGM) ..................... N 14.11 13.70 – 2.9 4.6 PIMCO NY (PNF) ............................ N 11.90 12.36 + 3.9 4.2 Blackstone/GSO FR EI U (N/A) ......... z 25.11 NA NA 5.0
Western Asset Hi Inc Opp (HIO) ...... N NA 5.14 NA 7.6 InvescoValMunInc (IIM) ................. N 16.76 15.84 – 5.5 4.6 PIMCONYMuniII (PNI) ................... N 11.40 11.25 – 1.3 4.2 Blstn Commnty Dev (N/A) ............... z 9.93 NA NA 3.1
Western Asset Hi Yld D O (HYI) ....... N NA 15.49 NA 7.3 MAINSTAY:MK DEFTR MUN OP (MMD) N NA 22.34 NA 4.6 Pimco NY Muni III (PYN) ................. N 9.08 9.97 + 9.8 4.3 BNYM Alcntr Glb MS Cr Fd (N/A) ..... z 103.61 NA NA 7.0
Other Domestic Taxable Bond Funds MFS HgIncMuniTr (CXE) ................ N 5.35 5.24 – 2.1 4.8 General Equity Funds CLIFFWATER CL FD;I (N/A) ............. z 10.65 NA NA 6.7
Apollo Tactical Income (AIF) ........... N NA 15.26 NA 6.6 MFS HgYldMuniTr (CMU) ............... N 4.83 4.54 – 6.0 4.8 Alternative Strategies:I (N/A) .......... z NA NA NA N/A CNR Strategic Credit (N/A) .............. z 10.64 NA NA 8.1
Ares Dynamic Crdt Alloc (ARDC) ..... N NA 15.19 NA 7.7 NeubrgrBrm (NBH) ......................... A 15.18 15.92 + 4.9 4.7 AMG Pantheon:1 (N/A) ................... z NA NA NA N/A FedProj&TrFinanceTendr (N/A) ...... z 9.93 NA NA 2.6
Barings Corporate Inv (MCI) ........... N NA 14.70 NA 6.8 Nuveen AMT-Fr Mu Val (NUW) ........ N NA 16.66 NA 2.8 BOW RIVER CAPTL EVGN;I (N/A) .... z NA NA NA N/A FS Global Crdt Opptys D (N/A) ......... z NA NA NA NA
Barings Part Inv (MPV) ................... N NA 12.79 NA 6.1 Nuveen AMT-Fr Qlty Mun I (NEA) .... A 15.92 14.95 – 6.1 4.6 Continuously Offered Schrdrs Opp Inc;A (N/A) ................. z 26.17 NA NA 2.3
BlackRock Mlt-Sctr Inc (BIT) .......... N 18.60 18.33 – 1.5 8.2 Nuveen AMT-Fr Mu CI (NVG) .......... A NA 17.07 NA 4.7 52 Week Schrdrs Opp Inc;A2 (N/A) ............... z NA NA NA 0.6
BlackRock Tax Muni Bd (BBN) ........ N 24.43 24.59 + 0.7 5.5 Nuveen Dyn Muni Opp (NDMO) ....... N NA NA NA NS Stock Market Prem Market Schrdrs Opp Inc;I (N/A) .................. z 26.16 NA NA 2.4
DoubleLine:Oppor Crdt Fd (DBL) .... N 19.54 20.25 + 3.6 8.6 Nuveen Enh Muni Val (NEV) ............ N NA 16.95 NA 4.3 Fund Name (Symbol) Exch NAV Price /Disc Return Schrdrs Opp Inc;SDR (N/A) ............ z 26.20 NA NA 2.5
EVLmtDurIncm (EVV) ..................... A 13.55 12.60 – 7.0 9.5 Nuveen Int Dur Mun Term (NID) ...... N NA 14.31 NA 3.6 Invesco Sr Loan A (N/A) .................. z 6.46 NA NA 3.7
Franklin Ltd Dur Income (FTF) ......... A 9.39 9.14 – 2.7 6.8 Nuveen Int Dur Qlty Mun (NIQ) ........ N NA 14.69 NA 3.0 Specialized Equity Funds Invesco Sr Loan C (N/A) .................. z 6.47 NA NA 3.0
J Han Investors (JHI) ...................... N 18.63 18.37 – 1.4 7.7 Nuveen Mu Crdt Opps (NMCO) ....... N NA 14.31 NA 5.1 Bluerock Total Inc+ RE:A (N/A) ........ z 29.77 NA NA 3.5 Invesco Sr Loan IB (N/A) ................. z 6.46 NA NA 3.9
MFS Charter (MCR) ........................ N 8.71 8.52 – 2.2 8.1 Nuv Muni Credit Income (NZF) ........ A NA 16.37 NA 4.7 Bluerock Total Inc+ RE:C (N/A) ........ z 28.26 NA NA 2.7 Invesco Sr Loan IC (N/A) ................. z 6.46 NA NA 3.8
Nuveen Taxable Muni Inc (NBB) ...... N 22.37 22.46 + 0.4 5.0 NuvMuniHiIncOpp (NMZ) ............... A NA 14.70 NA 5.1 Bluerock Total Inc+ RE:I (N/A) ......... z 30.36 NA NA 3.7 Invesco Sr Loan Y (N/A) .................. z 6.46 NA NA 3.9
PCM Fund (PCM) ............................ N NA 11.75 NA 8.3 Nuveen Muni Inc (NMI) ................... N 11.33 11.55 + 1.9 3.4 Bluerock Total Inc+ RE:L (N/A) ........ z 29.48 NA NA 3.2 OFS Credit Company (OCCI) ........... z NA NA NA NA
PIMCO Corp & Inc Oppty (PTY) ....... N 14.16 18.67 + 31.9 8.5 Nuveen Muni Val (NUV) .................. N 10.70 11.25 + 5.1 3.3 Broadstone Rl Est Acc:I (N/A) .......... z NA NA NA NA Pioneer Sec Inc (N/A) ...................... z 9.92 NA NA 4.4
PIMCO Corp & Inc Strat (PCN) ........ N 14.33 17.83 + 24.4 7.7 Nuveen Quality Muni Inc (NAD)-a ..... N 16.21 15.22 – 6.1 4.5 Broadstone Rl Est Acc:W (N/A) ....... z NA NA NA NA High Yield Bond Funds
PIMCOHilnco (PHK) ....................... N 5.87 6.96 + 18.6 8.9 Nuveen Sel Mat (NIM) ..................... N NA 10.70 NA 2.9 CIM RA&C A (N/A)-a ........................ z 25.49 NA NA NS Griffin Inst Access Cd:A (N/A) ......... z NA NA NA 5.9
PIMCO IncmStrFd (PFL) ................. N 10.56 12.02 + 13.8 8.9 Nuveen Sel TF (NXP) ....................... N NA 18.34 NA 3.1 CIM RA&C C (N/A)-a ........................ z 25.31 NA NA NS Griffin Inst Access Cd:C (N/A) ......... z NA NA NA 5.9
PIMCO IncmStrFd II (PFN) .............. N 9.33 10.39 + 11.4 9.3 Nuveen Sel TF 2 (NXQ) .................... N NA 16.42 NA 3.1 CIM RA&C I (N/A)-a ......................... z 25.55 NA NA NS Griffin Inst Access Cd:F (N/A) .......... z NA NA NA 5.9
Putnam Mas Int (PIM) .................... N 4.46 4.22 – 5.4 7.5 Nuveen Sel TF 3 (NXR) .................... N NA 17.19 NA 3.1 CIM RA&C L (N/A)-a ........................ z 25.43 NA NA NS Griffin Inst Access Cd:I (N/A) .......... z NA NA NA 5.9
Putnam Prem Inc (PPT) .................. N 4.94 4.74 – 4.0 7.8 PIMCO MuniInc (PMF) .................... N 13.11 14.49 + 10.5 4.4 Clarion Partners REI D (N/A) ........... z NA NA NA NA Griffin Inst Access Cd:L (N/A) .......... z NA NA NA 5.9
Wells Fargo Multi-Sector (ERC) ...... A 12.87 12.58 – 2.3 9.0 PIMCOMuniIncII (PML) .................. N 12.31 14.80 + 20.2 4.7 Clarion Partners REI I (N/A) ............. z NA NA NA NA PIMCO Flexible Cr I;A-1 (N/A) .......... z 9.46 NA NA NS
World Income Funds Pimco Muni III (PMX) ..................... N 11.28 12.42 + 10.1 4.4 Clarion Partners REI S (N/A) ........... z NA NA NA NA PIMCO Flexible Cr I;A-2 (N/A) .......... z 9.46 NA NA 7.2
Abrdn AP IncFd (FAX) ..................... N 4.67 4.19 – 10.3 8.0 PioneerHilncAdv (MAV) .................. N 12.27 12.04 – 1.9 4.7 Clarion Partners REI T (N/A) ............ z NA NA NA NA PIMCO Flexible Cr I;A-3 (N/A) .......... z 9.46 NA NA NS
Aberdeen Global Income (FCO) ....... N 6.74 8.45 + 25.4 10.0 PioneerMunHiIcmT (MHI) .............. N 13.08 12.58 – 3.8 4.6 Griffin Inst Access RE:A (N/A) ......... z NA NA NA NA PIMCO Flexible Cr I;A-4 (N/A) .......... z 9.46 NA NA 7.4
BlackRock 2022 Gl Inc Op (BGIO) ... N 9.24 9.31 + 0.8 6.5 Putnam Mgd Inc (PMM) ................. N 8.27 8.45 + 2.2 4.7 Griffin Inst Access RE:C (N/A) ......... z NA NA NA NA PIMCO Flexible Cr I;Inst (N/A) ......... z 9.46 NA NA 8.1
BrndywnGLB Glb Inc Oppts (BWG) . N NA 12.20 NA 7.1 Putnam Muni Opp (PMO) ................ N 13.90 13.63 – 1.9 4.9 Griffin Inst Access RE:I (N/A) .......... z NA NA NA NA PionrILSBridge (N/A) ..................... z NA NA NA 0.0
EtnVncStDivInc (EVG) .................... N 13.77 13.32 – 3.3 6.8 RiverNorth Flex Muni Inc (RFM) ...... N 24.23 NA NA 5.1 GS Real Est Div Inc:A (N/A) ............. z 9.94 NA NA 10.1 WA Middle Mkt Inc (N/A) ................. z NA NA NA 7.1
RiverNorth Flx Mu Inc II (RFMZ) ...... N 20.43 20.00 – 2.1 NS GS Real Est Div Inc:C (N/A) ............. z 9.94 NA NA 9.3
First Tr/Ab Glbl Inc (FAM) ................ N 10.37 9.92 – 4.3 9.5 RiverNorth Mgd Dur Mun I (RMM) .. N 20.31 19.09 – 6.0 5.9
Other Domestic Taxable Bond Funds
MS EmMktDomDebt (EDD) ............ N 6.78 6.00 – 11.5 6.8 GS Real Est Div Inc:I (N/A) .............. z 10.39 NA NA 10.5 Alternative Credit Inc:A (N/A) .......... z 10.88 NA NA 6.5
RiverNorth Opps Muni Inc (RMI) ..... N 23.81 22.12 – 7.1 4.9 GS Real Est Div Inc:L (N/A) .............. z 9.95 NA NA 9.96 Alternative Credit Inc:C (N/A) .......... z 11.00 NA NA 5.7
Ms EmMktDebtFd (MSD) ................ N 10.10 8.97 – 11.2 4.6 Western Asset Mgd Muni (MMU) .... N NA 13.21 NA 4.1
Nuveen EM Dbt 2022 Tg Tr (JEMD) . N 8.04 8.00 – 0.5 5.3 GS Real Est Div Inc:W (N/A) ............ z 10.10 NA NA 10.1 Alternative Credit Inc:I (N/A) ........... z 10.90 NA NA 6.7
Western Asset Mun Hi Inc (MHF) .... N NA 7.80 NA 3.5 NexPointRlEstStrat;A (N/A) ............ z 17.21 NA NA 32.2
PIMCO Dyn Crd & Mrt Inc (PCI) ....... N NA 22.81 NA 9.3 WstAstMuniPrtnrs (MNP) .............. N NA 15.46 NA 3.7 Alternative Credit Inc:L (N/A) .......... z 10.88 NA NA 6.2
PIMCO Dynamic Income (PDI) ........ N NA 28.96 NA 9.4 NexPointRlEstStrat;C (N/A) ............ z 17.39 NA NA 31.1 Alternative Credit Inc:W (N/A) ......... z 10.88 NA NA 6.5
Westn Asst Mu Def Opp Tr (MTT) .... N NA 21.17 NA 2.9 NexPointRlEstStrat;Z (N/A) ............ z 17.38 NA NA 32.4
PIMCO Dynamic Inc Opp (PDO) ...... N NA 20.45 NA NS Am Beacon Apollo TR:T (N/A) ......... z 10.12 NA NA 1.6
PIMCO Income Opportunity (PKO) .. N NA 26.99 NA 8.6 Single State Muni Bond PREDEX;I (N/A) .............................. z 25.46 NA NA 2.0 Am Beacon Apollo TR:Y (N/A) ......... z 10.21 NA NA 2.3
PIMCO Stratg Inc (RCS) .................. N NA 7.52 NA 8.6 BlackRock CA Mun (BFZ) ................ N 15.98 14.45 – 9.6 3.2 PREDEX;T (N/A) ............................. z 25.58 NA NA 1.9 Am Beacon SP Enh Inc:T (N/A) ........ z 9.58 NA NA 2.9
StoneHarbor EM Tot Inc (EDI) ......... N NA 9.07 NA 11.3 BlackRock MA Tax-Exempt (MHE)-a N 13.70 13.90 + 1.5 3.8 PREDEX;W (N/A) ............................ z 25.58 NA NA 1.9 Am Beacon SP Enh Inc:Y (N/A) ........ z 9.69 NA NA 3.4
StoneHarbor Emg Mkts Inc (EDF) ... N NA 8.66 NA 12.4 BlackRock MD Mun Bd (BZM)-a ....... N 15.14 15.48 + 2.2 3.5 Principal Dvs Sel RA A (N/A) ........... z 26.48 NA NA 35.9 Angel Oak Str Crdt:Inst (N/A) .......... z 22.95 NA NA 8.1
Templeton Em Inc (TEI) .................. N 8.28 7.45 – 10.0 1.8 BR MH CA Qly Fd Inc (MUC) ............ N 15.90 15.04 – 5.4 4.1 Principal Dvs Sel RA Ins (N/A) ......... z 26.54 NA NA 36.1 BR Credit Strat;A (N/A) ................... z 10.50 NA NA NS
Templtn Glbl Inc (GIM) ................... N 5.84 5.42 – 7.2 0.8 BR MH NJ Qly (MUJ) ....................... N 16.07 15.05 – 6.3 4.8 Principal Dvs Sel RA Y (N/A) ........... z 26.63 NA NA 36.4 BR Credit Strat;Inst (N/A) ................ z 10.50 NA NA 5.3
BR MH NY Qly (MHN) ..................... N 15.14 14.22 – 6.1 4.4 SharesPost 100;A (N/A) .................. z 41.00 NA NA 36.8 BlackRock Mlt-Sctr Oppty (N/A) ...... z 88.44 NA NA 7.7
Virtus Gl MSec Inc (VGI) ................. N 12.12 11.97 – 1.2 10.5 BlkRkMunyldAZ (MZA)-a ................. N 14.70 15.05 + 2.4 4.1
WstAstEmergDebt (EMD) ............... N NA 13.48 NA 8.6 SharesPost 100:I (N/A) ................... z 41.34 NA NA 37.1 BlackRock Mlt-Sec Opp II (N/A) ...... z 91.28 NA NA 7.6
BR MuniYld CA (MYC) .................... N 16.29 14.82 – 9.0 3.5 SharesPost 100:L (N/A) .................. z 40.67 NA NA 36.4 Carlyle Tact Pvt Cred:A (N/A) ........... z NA NA NA 6.5
Western Asset Gl Cr D Op (GDO) ..... N NA 17.85 NA 6.8 BR MuniYld CA Qly (MCA) ............... N 16.17 14.87 – 8.0 4.2
National Muni Bond Funds StoneCastle Financial Co (BANX) .... z NA NA NA NA Carlyle Tact Pvt Cred:I (N/A) ............ z NA NA NA 7.0
BR MuniYld MI Qly (MIY) ................ N 15.86 15.22 – 4.0 4.2 USQ Core Real Estate:I (N/A) ........... z 24.80 NA NA 0.8 Carlyle Tact Pvt Cred:L (N/A) ........... z NA NA NA 6.6
AllBerNatlMunInc (AFB)-a ................ N 15.38 14.29 – 7.1 4.3 BR MuniYld NJ (MYJ) ..................... N 16.13 14.94 – 7.4 5.0
BlckRk Inv Q Mun (BKN) ................. N 16.65 17.78 + 6.8 4.4 USQ Core Real Estate:IS (N/A) ........ z 24.81 NA NA 0.9 Carlyle Tact Pvt Cred:M (N/A) .......... z NA NA NA NS
BR MuniYld NY Qly (MYN) .............. N 14.51 13.60 – 6.3 4.3 Versus Cap MMgr RE Inc:I (N/A) ..... z 27.72 NA NA NE Carlyle Tact Pvt Cred:N (N/A) .......... z NA NA NA 7.0
BlckRk L-T Muni Adv (BTA) ............. N 13.26 12.96 – 2.3 4.8 BR MuniYld PA Qly (MPA) ............... N 16.25 14.92 – 8.2 4.3
BR Mu InDur (MUI) ......................... N 16.09 15.04 – 6.5 4.1 Versus Capital Real Asst (N/A) ........ z 25.72 NA NA 8.6 Carlyle Tact Pvt Cred:Y (N/A) ........... z NA NA NA 6.8
BlckRk NY Muni Inc Qly (BSE)-a ....... N 14.91 14.79 – 0.8 4.1 Wildermuth Endwmnt:A (N/A) ........ z 13.56 NA NA – 0.1 CION Ares Dvsfd Crdt;A (N/A) ......... z NA NA NA 5.5
BlackRock Muni 2030 Tgt (BTT) ...... N 26.87 25.73 – 4.2 2.9 BlackRock NY Mun (BNY)-a ............. N 15.02 15.40 + 2.5 4.1
BlackRock Muni (BFK) .................... N 14.70 15.18 + 3.3 4.5 Wildermuth Endwmnt:C (N/A) ........ z 13.02 NA NA – 1.0 CION Ares Dvsfd Crdt;C (N/A) ......... z NA NA NA 5.5
BlackRock NY Mun II (BFY)-a ........... N 15.47 15.41 – 0.4 4.5 Wildermuth Endowment:I (N/A) ...... z 13.64 NA NA – 0.5
BlackRock Muni II (BLE)-a ............... N 15.02 15.72 + 4.7 4.7 BlackRock VA Mun (BHV) ............... N 15.61 16.69 + 6.9 3.3 CION Ares Dvsfd Crdt;I (N/A) .......... z NA NA NA 5.5
BlckRk Mun Inc Inv (BBF)-a .............. N 14.37 14.42 + 0.3 4.3 Income & Preferred Stock Funds CION Ares Dvsfd Crdt;L (N/A) .......... z NA NA NA 5.5
Del CO Muni Inc (VCF) ..................... A 15.40 14.59 – 5.3 3.4 A3 Alternative Inc (N/A) .................. z 10.10 NA NA 2.6
BlckRk Muni Inc Qly (BYM) ............. N 15.88 15.39 – 3.1 4.2 Del MN II (VMM) ............................. A 15.01 13.29 – 11.5 3.0 CION Ares Dvsfd Crdt;U (N/A) ......... z NA NA NA 5.5
BR MuniAssets Fd (MUA) ............... N 14.73 15.08 + 2.4 4.1 Calamos L/S Eqty and DI (CPZ) ....... z 22.84 20.68 – 9.5 43.0 CION Ares Dvsfd Crdt:U2 (N/A) ....... z NA NA NA NS
EVCAMuniBd (EVM) ....................... A 12.65 11.73 – 7.3 4.2 Destra Multi-Altrntv;A (N/A) ............ z 11.49 NA NA 0.8
BR MuniEnhanced (MEN)-a ............. N 12.33 12.06 – 2.2 4.5 EVCAMuniIncm (CEV) .................... A 14.58 13.42 – 8.0 4.1 CION Ares Dvsfd Crdt;W (N/A) ........ z NA NA NA 5.4
BR MuniHoldings Qly (MFL) ........... N 15.23 14.37 – 5.6 3.9 Destra Multi-Altrntv;C (N/A) ............ z 10.96 NA NA 0.0 CNR Select Strategies (N/A) ............ z 11.56 NA NA 0.0
Eaton Vance NY Muni Bd (ENX) ....... A 13.38 12.41 – 7.2 4.2 Destra Multi-Altrntv;I (N/A) ............. z 11.74 NA NA 1.1
BR MH Qly 2 (MUE) ......................... N 14.24 13.41 – 5.8 4.4 EVNYMuniIncm (EVY) .................... A 14.91 14.35 – 3.8 3.7 First Eagle Crdt Opps A (N/A) ........... z 26.24 NA NA NS
BR MuniHoldngs (MHD) ................. N 17.24 16.39 – 4.9 4.5 Destra Multi-Altrntv;T (N/A) ............ z 11.14 NA NA 0.4 First Eagle Crdt Opps I (N/A) ............ z 26.24 NA NA NS
InvCaValMuIncTr (VCV) ................. N 13.66 12.97 – 5.1 4.3 Flat Rock Opportunity (N/A) ............ z 20.68 NA NA 47.2
BR MuniVest Fd (MVF) .................... N 9.91 9.40 – 5.1 4.3 InvPAValMuIncTr (VPV) ................. N 14.30 13.05 – 8.7 4.5 FS Credit Income;A (N/A) ................ z NA NA NA 5.3
BR MuniVest 2 (MVT) ..................... N 15.56 15.50 – 0.4 4.5 The Relative Value:CIA (N/A)-a ......... z NA NA NA NA FS Credit Income;I (N/A) ................. z NA NA NA 5.6
InvTrInvGrNYMu (VTN) .................. N 14.44 13.16 – 8.9 4.1 Variant Altrntv Inc:Inst (N/A) ........... z 26.89 NA NA 8.3
BR MuniYield Fd (MYD) .................. N 15.22 14.65 – 3.7 4.6 NeubrgrBrmCA (NBW) ................... A 15.57 13.71 – 11.9 3.9 FS Credit Income;T (N/A) ................ z NA NA NA 5.1
BR MuniYld Invest Qly (MFT)-a ........ N 14.38 14.54 + 1.1 4.7 NeubrgeBrmNY (NBO) ................... A 14.14 12.60 – 10.9 3.8 Variant Altrntv Inc:Inv (N/A) ............ z 26.90 NA NA 8.0 FS Credit Income;U (N/A) ................ z NA NA NA 5.0
BR MuniYield Qlty (MQY)-a .............. N 16.47 15.91 – 3.4 4.5 Nuveen AZ Qual Muni Inc (NAZ) ...... N 15.28 15.27 + 0.0 3.8 Convertible Sec's. Funds FS Credit Income;U-2 (N/A) ............ z NA NA NA NS
BR MuniYld Qlty2 (MQT) ................ N 14.56 14.01 – 3.8 4.4 Nuveen CA AMT-F Qual MI (NKX) .... A 16.76 15.66 – 6.6 4.1 Calmos Dyn Conv and Inc (CCD) ..... z 31.69 33.00 + 4.1 95.4 GL Beyond Income (N/A) ................ z 0.49 NA NA NE
BR MuniYld Qly 3 (MYI) .................. N 15.32 14.30 – 6.7 4.0 Nuveen CA Val (NCA) ...................... N 10.79 10.32 – 4.4 3.1 12 mos KKR CREDIT OPPTY;D (N/A) ........... z NA NA NA NS
BR MuniYldInv (MYF)-a ................... N 14.62 14.16 – 3.1 4.8 NuveenCAQtyMuInc (NAC) ............. N 16.17 15.07 – 6.8 4.3 Stock Market Prem Yield KKR CREDIT OPPTY;I (N/A) ............ z NA NA NA 5.6
BlckRk Str Muni (BSD)-a .................. N 14.70 14.76 + 0.4 4.6 Nuveen CA Sel Tx-Free (NXC) .......... N 15.92 15.98 + 0.4 3.2 Fund Name (Symbol) Exch NAV Price /Disc 3/31/21 KKR CREDIT OPPTY;T (N/A) ........... z NA NA NA NS
BNY Mellon Muni Bd Infra (DMB) .... N 14.60 14.53 – 0.5 4.5 NuvGA Qual Muni Inc (NKG) ........... A NA 13.18 NA 3.9 KKR CREDIT OPPTY;U (N/A) ........... z NA NA NA NS
BNY Mellon Muni Income (DMF) ..... A 9.35 8.88 – 5.0 4.8 Nuveen MA Qual Muni Inc (NMT) .... N 15.24 14.48 – 5.0 3.7 World Equity Funds Lord Abbett Cred Opps Fd (N/A) ...... z 10.84 NA NA 6.0
BNY Mellon Str Muni Bond (DSM) ... N 8.35 8.02 – 4.0 4.6 Nuveen MD Qual Muni Inc (NMY)-a .. N 15.27 14.30 – 6.4 4.2 ACAP Strategic:A (N/A) ................... z 26.05 NA NA 37.6 Lord Abbett Cred Opps Fd (N/A) ...... z 10.84 NA NA 6.7
BNY Mellon Strat Muni (LEO) .......... N 8.71 8.73 + 0.2 4.9 Nuveen Minn Qual Mun Inc (NMS) .. A 15.48 14.97 – 3.3 4.0 ACAP Strategic:W (N/A) .................. z 19.25 NA NA 38.6 Lord Abbett Crd Op:U (N/A) ............. z 10.84 NA NA NS
Del Inv Natl Muni Income (VFL) ....... A 14.99 13.34 – 11.0 3.8 Nuveen MO Qual Mun Inc (NOM) .... A 14.06 NA NA 3.3 CalamosGlbTotRet (CGO) ............... z 15.44 16.05 + 4.0 81.7 Palmer Square Opp Inc (N/A) .......... z 18.68 NA NA 5.3
DTF Tax-Free Income (DTF) ............ N 16.01 14.55 – 9.1 3.3 NuvNJ Qual Muni Inc (NXJ) ............. A 16.66 14.69 – 11.8 4.6 CPG Cooper Square IE A (N/A) ........ z NA NA NA NS Thrivent Church Ln&Inc:S (N/A) ..... z 10.64 NA NA 2.6
DWS Muni Inc (KTF) ....................... N 12.69 11.78 – 7.2 4.1 Nuveen NY AMT/Fr Qual MI (NRK) .. A 15.00 13.74 – 8.4 4.1 CPG Cooper Square IE I (N/A) ......... z NA NA NA NS World Income Funds
DWS Strat Mun (KSM) .................... N 12.75 11.92 – 6.5 4.3 Nuveen NY Val (NNY)-a .................... N 10.18 9.77 – 4.0 3.2 Primark Priv Eq Inv:I (N/A) .............. z 12.51 NA NA NS Destra Int&Evt-Dvn Crd:A (N/A) ...... z 27.10 NA NA 2.2
EVMuniBd (EIM) ............................. A 14.14 13.39 – 5.3 4.4 Nuveen NY Muni Value 2 (NYV)-a ..... N 15.80 15.04 – 4.8 2.2 VirtusTotalRetFd (ZTR) ................... z 9.29 9.42 + 1.4 24.9 Destra Int&Evt-Dvn Crd:I (N/A) ....... z 27.11 NA NA 2.4
EVMuniIncm (EVN) ........................ N 14.19 13.83 – 2.5 4.0 Nuveen NY Qual Muni Inc (NAN) ..... N 15.56 14.38 – 7.6 4.3 Loan Participation Funds Destra Int&Evt-Dvn Crd:L (N/A) ...... z 27.08 NA NA 2.0
EVNatMuniOpp (EOT) ..................... N 21.90 22.25 + 1.6 3.4 Nuveen NY Sel Tx-Free (NXN) ......... N 14.42 14.27 – 1.0 3.2 1WS Credit Income;Inst (N/A) ......... z NA NA NA 5.0 Destra Int&Evt-Dvn Crd:T (N/A) ...... z 27.05 NA NA 1.9
FedHrmsPremMuI (FMN) ............... N 15.64 14.68 – 6.1 4.3 Nuveen OH Qual Muni Inc (NUO) ..... N NA 15.75 NA 3.5 AlphCntrc Prime Merid In (N/A) ....... z 9.83 NA NA 9.2 National Muni Bond Funds
InvAdvMuIncTrII (VKI) ................... A 12.23 11.73 – 4.1 4.6 Nuveen PA Qual Muni Inc (NQP) ..... N NA 14.43 NA 4.5 Axonic Alternative Inc (N/A) ............ z NA NA NA 4.6 Ecofin Tax-Adv Soc Inf (N/A) ........... z 9.43 NA NA 4.4
Invesco MuniOp (OIA) .................... N 7.81 7.92 + 1.4 4.8 Nuveen VA Qlty Mun Inc (NPV) ....... N 15.28 16.29 + 6.6 3.4 Blackstone/GSO FR EI D (N/A) ......... z 24.13 NA NA 5.3 PIMCO Flex Mun Inc;A-3 (N/A) ........ z 11.64 NA NA 2.2
InvescoMuOppTr (VMO) ................ N 13.68 13.23 – 3.3 4.6 PIMCO CA (PCQ) ............................ N 14.05 18.19 + 29.5 4.3 Blackstone/GSO FR EI I (N/A) .......... z 24.09 NA NA 5.5 PIMCO Flex Mun Inc:A1 (N/A) ......... z 11.64 NA NA NS
InvescoMuTr (VKQ) ........................ N 13.70 13.14 – 4.1 4.6 PIMCOCAMuniII (PCK) ................... N 8.99 9.13 + 1.6 4.2 Blackstone/GSO FR EI T (N/A) ......... z 24.05 NA NA 5.0 PIMCO Flex Mun Inc;A2 (N/A) ......... z 11.64 NA NA NS
InvescoQual Inc (IQI) ...................... N 13.79 13.14 – 4.7 4.7 Pimco CA Muni III (PZC) ................. N 10.16 10.71 + 5.4 4.3 Blackstone/GSO FR EI T-I (N/A) ....... z 24.65 NA NA 5.0 PIMCO Flex Mun Inc;Inst (N/A) ....... z 11.64 NA NA 2.9

TOP SAVINGS DEPOSIT YIELDS

Money Market Account1 One-Year CDs Five-Year CDs
Telephone Min. Recent Effect. Telephone Min. Recent Effect. Telephone Min. Recent Effect.
Institution Location No. Deposit % Rate % Yield Institution Location No. Deposit % Rate % Yield Institution Location No. Deposit % Rate % Yield
Axos Bank San Diego,CA (877)541-2634 10000 0.61 (CD) 0.61 Legacy Bank Hinton,OK (800)687-9688 1000 0.70 (CM) 0.70 Travis CU Concord,CA (800)435-4040 500 1.00 (CM) 1.00
Ally Bank Philadelphia,PA (877)247-2559 1 0.50 (CD) 0.50 First Internet Bank Indianapolis,IN (888)873-3424 1000 0.60 (CM) 0.60 First Internet Bank Indianapolis,IN (888)873-3424 1000 0.95 (CM) 0.95
First Internet Bank Indianapolis,IN (888)873-3424 100 0.50 (CM) 0.50 iGobanking.com Flushing,NY (888)432-5890 1000 0.60 (CD) 0.60 ProGrowth Bank Gaylord,MN (888)922-2265 25000 0.95 (CA) 0.95
BankDirect Dallas,TX (877)839-2737 10000 0.50 (CD) 0.50 BankDirect Dallas,TX (877)839-2737 10000 0.60 (CD) 0.60 Popular Direct New York,NY (800)274-5696 10000 0.85 (CD) 0.85
iGobanking.com Flushing,NY (888)432-5890 25000 0.50 (CD) 0.50 Ally Bank Philadelphia,PA (877)247-2559 1 0.55 (CD) 0.55 Ally Bank Philadelphia,PA (877)247-2559 1 0.80 (CD) 0.80
Six-Month CDs2 2½-Year CDs 90-Day Jumbo CDs
Telephone Min. Recent Effect. Telephone Min. Recent Effect. Telephone Min. Recent Effect.
Institution Location No. Deposit % Rate % Yield Institution Location No. Deposit % Rate % Yield Institution Location No. Deposit % Rate % Yield
iGobanking.com Flushing,NY (888)432-5890 1000 0.55 (CD) 0.55 TIAA Bank Jackson,FL (888)882-3837 1000 0.64 (CD) 0.65 Legacy Bank Hinton,OK (800)687-9688 10000 0.40 (CM) 0.40
BankDirect Dallas,TX (877)839-2737 10000 0.50 (CD) 0.50 Community Commerce Bk Los Angeles,CA (323)268-6100 10000 0.58 (CM) 0.58 TIAA Bank Jackson,FL (888)882-3837 1000 0.35 (CD) 0.35
First Internet Bank Indianapolis,IN (888)873-3424 1000 0.45 (CM) 0.45 Discover Bank Greenwood,DE (800)347-7000 2500 0.55 (CD) 0.55 First Internet Bank Indianapolis,IN (888)873-3424 1000 0.25 (CM) 0.25
TIAA Bank Jackson,FL (888)882-3837 1000 0.40 (CD) 0.40 ProGrowth Bank Gaylord,MN (888)922-2265 25000 0.51 (CA) 0.51 Radius Bank Boston,MA (800)242-0272 1000 0.25 (CD) 0.25
Legacy Bank Hinton,OK (800)687-9688 10000 0.40 (CM) 0.40 Bank OZK New York,NY (212)218-8383 1000 0.50 (CM) 0.50 Giantbank.com Ft.Lauderdale,FL (877)446-4200 2500 0.25 (CD) 0.25
1Including passbook, statement savings, and bank-offered liquid asset accounts.
Yields are based on the stated rate and compounding method in effect Friday and are subject Source: (c) 2021, Informa Research Services, 30501 Agoura Road, 2nd Floor, Agoura Hills, CA
2Six-month CD yields assume reinvestment of principal and interest at the same rate for an to change. Phone to verify before investing or sending money. 91301 818-880-8877. All rights reserved. May not be reproduced or retransmitted in any
additional six months. form without express written consent of Informa Research Services.
(CC) Compounded continuously; (SA) compounded semiannually; (CD) compounded daily;
Rates are the highest yields on six types of accounts offered by federally-insured banks and (CA) compounded annually; (CM) compounded monthly; (SI) simple interest; (CQ) com-
savings associations nationwide. pounded quarterly
M30 BARRON’S April 12, 2021

Market Laboratory
DJ HALF-HOURLY AVERAGES THE DOW JONES AVERAGES TRADING DIARY
Market Advance/Decline Volumes
Dow Jones 30 Industrial (divisor: 0.15198707565833) Week's Daily Apr 5 6 7 8 9
Daily Apr 5 6 7 8 9 COMPONENTS Change INDUSTRIALS
34800 NY Up 521,288 525,387 327,499 411,925 416,054
3M 5.30 NY Off 342,109 328,259 465,691 428,307 357,656
Open (t) 33384.32 33450.21 33442.51 33422.38 33594.11
Open (a) 33222.38 33500.02 33444.98 33469.89 33526.19 American Express 3.21 NY Up - Composite 2,426,960 2,548,536 1,851,972 1,940,889 1,856,631
NY Off - Composite 1,647,835 1,466,425 2,180,889 1,924,534 1,744,901
10:00 33439.03 33509.62 33456.55 33393.31 33591.18 Amgen -0.22 NYSE Amer UP 11,926 16,167 2,065 9,907 3,128
10:30 33482.33 33523.94 33461.91 33398.83 33569.22 Apple 10.00 33700 NYSE Amer Off 10,750 7,145 12,874 4,527 9,851
11:00 33507.68 33494.20 33461.78 33408.38 33580.05
Boeing -0.60 NASD Up 2,404,747 2,152,657 1,406,422 2,941,542 1,714,418
11:30 33519.26 33483.07 33409.88 33435.45 33588.16 NASD Off 2,043,958 1,834,587 2,591,268 1,159,604 2,136,459
12:00 33554.85 33508.47 33382.25 33417.27 33576.28 Caterpillar -1.99 NYSE Arca UP 181,203 118,733 64,127 148,814 76,007
12:30 33579.87 33508.64 33348.04 33458.43 33581.17 Chevron -2.83 NYSE Arca Off 56,488 86,104 121,355 38,774 103,268
1:00 33557.82 33482.64 33419.61 33446.67 33596.30 % (QCHA) +.40 +.41 –.35 +.56 +.05
1:30 33529.43 33456.65 33409.76 33455.91 33595.46 Cisco Systems 0.11 32600 % (QACH) +.45 +.40 –1.31 +.61 –.55
2:00 33550.59 33486.63 33427.24 33448.76 33638.25 Coca-Cola 0.67 % (QCHAQ) +.41 +.23 –1.04 +1.04 –.41
2:30 33540.28 33467.79 33416.31 33455.13 33639.16 Disney -1.08 Market Advance/Decline Totals
3:00 33505.29 33457.12 33405.68 33487.77 33641.18
3:30 33509.64 33429.10 33383.58 33491.70 33726.56
Dow -1.46 Week ended last Friday compared to previous Friday
Close 33527.19 33430.24 33446.26 33503.57 33800.60 Goldman Sachs 3.17 31500 Weekly Comp. NYSE NYSE Amer Nasdaq NYSE Arca
High (t) 33770.47 33730.70 33660.92 33672.01 33907.23 Home Depot 11.48 Total Issues 3,478 294 4,421 1,593
Low (t) 33186.14 33227.32 33214.96 33174.76 33367.71 Advances 2,239 138 2,319 1,214
Honeywell Intl 10.18 Declines 1,176 154 2,000 368
High (a) 33617.95 33544.79 33521.76 33506.80 33810.87
Low (a) 33222.38 33380.43 33347.96 33342.64 33526.19 IBM 2.50 Unchanged 63 2 102 11
Change +373.98 –96.95 +16.02 +57.31 +297.03 Intel 3.71 30400 New Highs 669 21 518 515
New Lows 54 1 128 49
Theoretical (t): High 33907.23 Low 33174.76 Johnson & Johnson -1.58
Actual (a): High 33810.87 Low 33222.38 NYSE Composite Daily Breadth
JPMorgan Chase 2.57 Daily Apr 5 6 7 8 9
Dow Jones 20 Transport (divisor: 0.16369260926274) McDonald's 6.27 Issues Traded 3,433 3,432 3,424 3,418 3,423
29300 Advances 2,095 2,002 1,407 2,058 1,821
Open (t) 14886.99 14909.96 14847.65 14787.72 14811.42 Merck -0.78 Declines 1,238 1,312 1,884 1,233 1,472
Unchanged 100 118 133 127 130
Open (a)
10:00
14787.33 14902.50 14852.86
14910.72 14942.62 14805.76
14784.91
14676.83
14788.74
14825.76
Microsoft 13.50 NOTICE TO READERS: New Highs 318 285 223 245 267
Nike Cl B 2.92 New Lows 15 7 10 9 15
10:30 14961.34 14948.23 14799.82 14720.41 14811.89 Blocks - primary 4,847 4,553 4,713 4,517 4,482
11:00 14941.13 14895.51 14791.52 14715.59 14825.01 Procter & Gamble 2.09 Sign up for the Weekly Market Lab 28200 Total (000) - primary 868,822 865,319 802,664 850,276 787,980
11:30 14926.33 14888.07 14791.57 14725.46 14826.21 Total (000) 4,101,905 4,057,036 4,085,935 3,911,478 3,682,505
Salesforce.com 12.56
12:00 14959.75 14884.16 14764.54 14754.76 14822.02
Travelers Cos 1.03
Newsletter: barrons.com/newsletters NYSE American Composite
12:30 14964.08 14891.78 14757.78 14792.44 14824.50 Daily Apr 5 6 7 8 9
1:00 14952.03 14885.34 14784.92 14785.31 14849.81 UnitedHealth Group 9.23 Issues Traded 285 282 285 281 283
1:30 14910.36 14900.36 14797.97 14789.54 14843.22 Verizon Communications -0.81 Please visit the new Market Lab home 27100 Advances
Declines
138
133
147
121
90
183
161
111
107
164
2:00 14920.52 14900.14 14796.79 14765.51 14859.01
2:30 14930.73 14894.87 14788.60 14760.79 14861.85 Visa Cl A 5.66 page on barrons.com under Data. Unchanged
New Highs
14
10
14
5
12
9
9
5
12
1
3:00 14898.04 14869.48 14787.08 14768.36 14868.45 Walgreens Boots Alliance -0.57 www.barrons.com/market-data/market- New Lows
Blocks - primary
...
201
0
163
0
130
...
145
...
133
3:30 14883.63 14858.22 14783.54 14775.34 14883.38 Walmart 4.16 lab Total (000) - primary 23,238 23,596 15,321 14,629 13,159
Close 14891.20 14842.94 14796.64 14787.96 14918.33 26000 Total (000) 391,938 450,046 250,781 245,048 215,928
High (t) 15047.87 15020.42 14926.79 14865.00 14967.08
Low (t) 14792.60 14767.53 14685.39 14622.22 14723.52 Nasdaq
High (a) 14980.07 14966.14 14880.67 14799.75 14922.36
TRANSPORTATION 15300 Daily Apr 5 6 7 8 9
Low (a) 14787.33 14827.90 14747.28 14661.54 14788.74 Alaska Air Group 3.14 Issues Traded 4,314 4,311 4,304 4,307 4,302
Advances 2,498 2,035 1,286 2,837 1,864
Change +142.82 –48.26 –46.30 –8.68 +130.37 American Airlines Group -0.32 Declines 1,670 2,115 2,878 1,315 2,291
Theoretical (t): High 15047.87 Low 14622.22 Avis Budget Group 2.83 14700 Unchanged 146 161 140 155 147
Actual (a): High 14980.07 Low 14661.54 New Highs 269 196 118 159 186
CH Robinson Worldwide 0.30 New Lows 39 21 29 27 42
Blocks - primary 23,330 20,795 22,817 25,874 25,584
Dow Jones 15 Utilities (divisor: 1.29685261171310) CSX 1.03 Total (000) 4,488,525 4,047,455 4,035,209 4,160,778 3,907,642
14100
Open (t) 881.16 887.03 894.02 895.34 892.56 Delta Air 0.44 NYSE Arca Composite
Open (a) 879.11 888.52 893.50 894.10 892.33 Expeditors Intl of Wash 0.16 Daily Apr 5 6 7 8 9
10:00 888.42 884.49 893.32 894.42 892.29
10:30 889.48 887.15 893.94 895.69 892.25 FedEx 3.04 13500 Issues Traded 1,512 1,491 1,495 1,478 1,477
Advances 1,125 777 578 1,161 796
11:00 893.38 889.01 891.74 892.56 892.90 JB Hunt Transport -0.29 Declines 370 689 882 299 646
11:30 892.97 891.35 891.18 893.03 894.34 Unchanged 17 25 35 18 35
JetBlue Airways 0.69 New Highs 396 221 73 193 247
12:00 892.99 890.57 890.75 891.68 893.22 12900 New Lows 35 15 10 18 21
12:30 891.44 892.29 889.71 891.44 892.32 Kansas City Southern -4.78 Blocks - primary 995 873 924 827 914
1:00 892.17 892.08 890.76 890.68 890.78 Kirby Corp 1.88 Total (000) - primary 238,910 205,901 195,360 189,075 182,792
Total (000) 1,183,821 1,038,353 970,349 948,700 874,096
1:30 890.65 893.33 890.84 891.87 891.68 Landstar System 1.72 12300
2:00 889.36 891.67 890.65 892.11 892.08
2:30 887.95 891.99 888.29 891.78 890.45
Matson Inc. 5.99
3:00 888.58 891.91 888.92 893.53 890.98 Norfolk Southern 1.31 11700 OTHER MARKET INDEXES
3:30 889.50 892.66 889.53 892.87 891.68 Ryder System 0.26 Daily 4/05 4/06 4/07 4/08 4/09
Close 889.88 893.59 892.35 891.17 891.67 Southwest Airlines 2.12 NYSE Amer Comp 2761.47 2763.72 2791.24 2798.13 2785.12
High (t) 895.56 895.06 898.00 898.98 897.31 11100 AmMajorMkt 3005.23 2998.46 3001.73 3004.89 3014.18
Low (t) 880.09 882.56 886.74 888.30 887.90 Union Pacific 3.03
BNY ADR Idx 164.63 164.31 163.68 164.95 164.20
High (a) 894.91 893.81 897.05 896.77 896.06 United Airlines 0.61 Europe 136.06 135.29 135.80 136.73 136.42
Low (a) 879.11 882.93 887.88 890.01 889.80 United Parcel Service B 4.66 Latin Am 187.70 189.01 189.13 191.64 188.92
Change +10.37 +3.71 –1.24 –1.18 +.50 10500 Asia 241.34 241.62 238.52 240.47 239.10
Theoretical (t): High 898.98 Low 880.09 Emerg M 415.85 418.62 411.11 416.63 411.64
UTILITIES DJ US TSM Float 42660.13 42660.32 42633.10 42859.61 43142.13
Actual (a): High 897.05 Low 879.11
975 Nasdaq Cmp 13705.59 13698.38 13688.84 13829.31 13900.19
AES 0.65 100 Index 13598.16 13578.46 13616.70 13758.51 13845.05
Dow Jones 65 Composite (divisor: 0.77362739927465)
American Elec Power 0.35 Indus. 10730.69 10771.13 10722.57 10821.57 10874.40
Open (t) 11185.77 11213.41 11210.42 11196.00 11230.10 Insur. 10833.70 10886.50 10863.37 10872.02 10916.38
Open (a) 11129.48 11224.11 11211.14 11202.67 11211.57 American Water Works 1.09 Banks 4584.32 4564.40 4534.55 4545.31 4586.52
10:00 11213.69 11227.72 11203.14 11165.29 11232.11 Atmos Energy 0.89 Computer 9570.65 9541.40 9603.90 9729.66 9800.62
10:30 11234.69 11236.19 11203.98 11177.72 11224.79
925 Telecom 493.44 495.29 492.92 494.43 492.39
Consolidated Edison 0.88 NYSE Comp.-z 15870.34 15877.96 15838.85 15886.56 15956.37
11:00 11241.94 11222.31 11198.51 11173.33 11230.77
11:30 11240.38 11222.46 11187.40 11181.52 11235.04 Dominion Energy 0.58 Financial-z 9425.04 9413.05 9434.88 9440.36 9483.03
Health Care-z 20470.55 20363.61 20339.96 20395.63 20629.74
12:00 11254.49 11225.32 11175.52 11181.89 11229.95 Duke Energy 1.26 Energy-z 8024.14 8033.34 8061.73 7954.53 7893.68
12:30 11257.72 11229.86 11165.62 11197.54 11229.92 Edison Intl 1.42 875 Russell 1000 2296.07 2296.28 2297.68 2309.15 2325.64
1:00 11252.06 11223.02 11187.18 11192.45 11235.66 2000 2264.89 2259.15 2223.05 2242.60 2243.47
1:30 11235.12 11223.20 11188.15 11197.17 11235.62
Exelon 0.92 3000 2443.40 2443.18 2441.88 2454.70 2471.10
2:00 11239.27 11226.26 11191.02 11191.06 11248.02 FirstEnergy 0.46 Value-v 1520.82 1521.12 1518.75 1518.07 1525.92
Growth-v 2528.25 2528.21 2535.31 2561.86 2585.17
2:30 11237.04 11221.97 11183.18 11190.77 11246.09 NextEra Energy 2.17 MidCap 3019.76 3032.72 3015.69 3030.52 3045.08
3:00 11224.29 11214.38 11181.82 11201.72 11248.75
3:30 11223.65 11207.77 11177.75 11202.85 11269.86
Public Service Enterprise 1.58 825 S&P 100 Index 1852.56 1850.10 1857.72 1867.07 1882.89
Sempra Energy 2.48 500 4077.91 4073.94 4079.95 4097.17 4128.80
Close 11229.33 11206.31 11197.56 11205.02 11291.80 Ind. 5691.13 5684.26 5691.99 5722.71 5768.45
High (t) 11319.80 11305.35 11276.76 11267.50 11332.52 Southern 0.40 MidCap 2664.98 2666.66 2647.92 2657.89 2670.52
Low (t) 11125.06 11131.98 11119.19 11100.54 11159.20 SmallCap 1346.01 1343.93 1325.31 1332.13 1334.56
Xcel Energy 0.64 Value Line(A) 9274.13 9288.58 9220.48 9260.74 9291.64
High (a) 11269.55 11244.37 11234.14 11207.65 11294.14
Low (a) 11129.48 11193.18 11165.58 11156.88 11211.57
775 Value Line(G) 652.92 653.85 648.95 651.70 653.79
Oct Nov Dec Jan Feb Mar Apr DJ US Small TSM 15097.70 15090.26 14894.92 15001.62 15018.67
Change +121.06 –23.02 –8.75 +7.46 +86.78
(A)-Arithmetic Index. (G)-Geometric Index.
Theoretical (t): High 11332.52 Low 11100.54 Note: Theoretical highs and lows are shown. (v)-Value 1000 and Growth 1000. (y)-Dec. 31,1965=50. (z)-Dec.
Actual (a): High 11294.14 Low 11129.48 31,2002=5000.
April 12, 2021 BARRON’S M31

Market Laboratory
INDEXES' P/ES & YIELDS PER SHARE VALUES OF STOCKS IN THE DOW BARRON'S 50-STOCK AVERAGE
JONES AVERAGES
DJ latest 52-week earnings and dividends adjusted by Dow Divisors at Friday's close. S&P Dec. 4-quarter's GAAP earnings as This index is an weighted average of 50 leading issues.
reported and indicated dividends based on Friday close.S&P 500 P/E ratios based on GAAP earnings as reported. For additional This is a list of the Dow Jones trailing 52-week diluted Useful in security valuation. Source: Barron's Stats
earnings series, please refer to www.spglobal.com. DJ latest available book values for FY 2019 and 2018, and S&P latest for 2018 and share earnings, dividends and book values as reported
2017. r-Revised data Apr 8 Apr 1 Apr Yr-to-Yr
by the company. Bolded numbers indicate new values. 2021 2021 2020 % Chg
Last Prev. Year Last Prev. Year
Week Week Ago Week Week Ago Sources Barron's Stats and FactSet.
S&P 500 Index 4097.17 4019.87 2728.52 50.16
DJ Ind Avg 33800.60 33153.21 23719.37 Divs Yield % 3.09 3.13 3.13 Industrial Stocks Barron's 50 Index 10528.67 10676.82 7538.07 39.67
Divs $ 27.57 27.57 25.94 Book Book
P/E Ratio 35.85 35.16 18.24 Earns Divs. Value Earns Divs. Value Projected quarterly earn 22.84 22.84 96.75 –76.39
Earns Yield % 2.79 2.84 5.48 Mkt to Book 2.38 2.35 2.23
Earns $ 942.84 942.84 1300.43 Book Value $ 374.40 374.40 370.98 Am Exp 3.76 1.72 28.48 Johnson&John 5.51 4.04 22.59 Annualized projected earn 91.36 91.36 387.01 –76.39
Amgen 12.31 6.56 16.36 JPMorgChase 8.87 3.60 75.98
Divs Yield % 1.76 1.80 2.79 S&P 500 Index 4128.80 4019.87 2789.82 Apple 3.28 0.82 20.37 McDonalds 6.55 5.08 (11.00)
Annualized projected P/E 115.24 116.87 19.6 486.62
Divs $ 596.01 595.87 660.90 P/E Ratio 43.86 40.93 20.00 Boeing (20.75) Suspended (15.31) Merck Co 2.77 2.48 10.20 Five-year average earn 380.91 380.91 401.05 –5.02
Mkt to Book 5.05 4.96 3.64 Earns Yield % 2.28 2.44 5.00 Caterpillar 5.46 4.12 26.52 Microsoft 6.70 2.14 15.63 Five-year average P/E 27.64 28.03 18.8 47.05
Book Value $ 6688.86 6688.86 6512.92 Earns $ 94.13 98.22 139.47 Chevron Corp (2.96) 5.16 76.62 Nike Inc 2.12 1.04 5.17
Cisco Sys 2.46 1.45 7.90 Proc Gam 5.29 3.162 18.40 Year-end earn 314.70 314.70 377.01 –16.53
DJ Trans Avg 14918.33 14748.38 8236.92 Divs Yield % 1.41 1.45 2.17
P/E Ratio 0.00 0.00 14.42 Divs $ 58.22 58.29 60.54
Coca Cola 1.92 1.65 4.43 3M Co 9.25 5.89 17.50 Year-end P/E 33.46 33.93 20.0 66.90
Disney Walt (2.74) 0.00 49.90 Salesforce.com 4.39 0.00 37.95
Earns Yield % 0.00 0.00 6.93 Mkt to Book 4.51 4.40 3.28 Dow (3.17) 2.80 18.26 Travelers Cos 10.31 3.40 101.54 Year-end earns yield, % 2.99 2.95 5.0 –40.34
Earns $ (235.87) (235.87) 571.07 Book Value $ 914.49 914.49 851.62 Goldman Sachs 25.40 5.00 227.62 UnitedHealth Grp 16.03 5.00 60.78 Best grade bond yields, % 1.62 1.53 2.45 –33.77
Divs Yield % 1.03 1.04 2.11 Home Depot 11.93 6.15 (2.89) Verizon 4.29 2.497 14.84
S&P Ind Index 5768.45 5602.22 3835.36 Honeywell 6.72 3.66 26.01 Visa 4.88 1.24 13.53 Bond yields/stock ylds, % 0.54 0.52 0.49 11.35
Divs $ 154.10 154.10 173.59 P/E Ratio 50.26 46.16 24.08
Mkt to Book 4.40 4.35 2.54
IBM 6.24 6.52 23.49 Walgreens (0.69) 1.86 26.26 Actual year-end divs 211.57 211.21 223.76 –5.45
Earns Yield % 1.98 2.17 4.15 Intel 4.94 1.337 18.07 Wal-mart 4.73 2.17 26.36
Book Value $ 3389.19 3389.19 3239.67 Earns $ 114.00 121.36 159.25
Actual yr-end divs yld, % 2.01 1.98 2.97 –32.37
Transportation Stocks
DJ Utility Avg 891.67 879.51 827.83 Divs Yield % 1.27 1.31 1.97 Alaska Air Group (10.56) Suspended 35.21 KC Southern 6.55 1.69 45.95
P/E Ratio 24.17 23.84 21.70 Divs $ 73.26 73.39 75.56 American Airlines (13.84) Suspended (0.28) Kirby Corp (3.22) Nil 56.18
Earns Yield % 4.14 4.19 4.61 Mkt to Book 6.11 5.93 4.34 Avis Budget Grp (9.73) Nil 8.86 Landstar Sys 4.55 0.815 18.28 STOCK VOLUME
Earns $ 36.89 36.89 38.14 Book Value $ 944.26 944.26 883.41 C.H. Robinson 3.71 2.04 12.39 Matson Inc 4.41 0.91 18.78
CSX Corp 3.60 1.06 15.32 Norf Southern 7.86 3.81 58.87 Last Prev. Year YOY
Delta Air Lines (19.51) Suspended 23.89 Ryder Sys (2.42) 2.24 46.48 Week Week Ago % Chg
144 FILINGS Expeditors Int'l 4.08 1.04 12.94 Southwest Air (2.79) 0.00 18.94
NYSE(a) 4,175,062 4,038,632 5,629,346 -25.83
FedEx 11.29 2.60 69.84 Un Pacific 7.88 3.88 26.19
Hunt (JB) 4.74 1.09 21.34 UPS 1.63 4.05 3.81
30 Dow Inds (b) 1,547,350 1,705,546 2,254,882 -31.38
20 Dow Trans (b) 422,396 420,309 1,216,733 -65.28
SEC Form 144 must be filed by holders of restricted securities (also called letter stock) who intend to sell shares. Shares Indi- JetBlue Air (3.03) Nil 17.02 United Airlines (16.45) Nil 45.90
15 Dow Utils (b) 210,748 228,371 267,819 -21.31
cated: the number to be sold. Sales Date: the approximate date of the sale. (Sometimes shares aren't sold, even though their owner Utility Stocks 65 Dow Stks (b) 2,180,494 2,354,226 3,739,434 -41.69
has filed a Form144.) Source: Thomson Reuters AES Corp. 0.09 0.579 4.51 Exelon 2.01 1.53 33.12 NYSE American (a) 89,941 92,128 74,242 21.15
Am Elec 4.44 2.88 39.73 FirstEnergy 2.00 1.56 12.90 Nasdaq(d) 20,639,609 19,072,829 15,564,426 32.61
Shares Sale American Water Works 3.91 2.20 33.85 NextEra Energy 1.99 1.40 75.67 NYSE 15 Most Active
Company Sym Indicated $ Value Date Seller Title Atmos Energy 5.15 2.34 48.18 Xcel Energy 2.80 1.7475 25.24 Average Price 19.85 22.90 25.32 -21.60
Goodrx GDRX 200,416 7,820,232 4/1/21 Azad, Babak AF Con Ed 3.29 3.06 54.12 Pub Sv Ent 3.76 1.98 29.94 % Tot Vol 18.64 18.84 17.01 9.58
Dominion Energy (0.52) 3.45 35.33 Sempra Energy 12.78 4.235 60.58 Stock Offerings $(z,v) 3,610,700 r3,782,500 114,900 3042.47
Workday WDAY 196,548 48,828,420 4/1/21 Duffield, David AF Duke Energy 1.73 3.84 61.20 Southn Co. 2.95 2.54 25.03
Goodrx GDRX 175,000 6,655,250 3/29/21 Voermann, Ian AF Edison Int'l 1.98 2.60 36.75 Daily Stock Volume
Slack Technologies WORK 102,148 4,210,673 4/1/21 Butterfield, Daniel CEO Daily 4/5 4/6 4/7 4/8 4/9
Datadog DDOG 100,000 8,334,000 4/1/21 Obstler, David AF
Mednax MD 100,000 2,549,000 4/1/21 Medel, Roger O DISTRIBUTIONS & OFFERINGS NYSE(a) 868,822 865,319 802,664 850,276 787,980
Transmedics TMDX 100,000 4,062,960 4/1/21 Hassanein, Waleed AF 30 Inds (b) 345,154.6 298,306.7 279,877.5 306,194.5 317,816.6
Secondary Distributions of common stocks 20 Trans (b) 103,493.5 89,353.2 78,037.2 84,486.8 67,025.6
Redfin RDFN 90,000 5,975,451 3/31/21 Kelman, Glenn O Amyris 19,047,619 $15.75 $299,999,999
Clorox CLX 88,467 16,745,034 3/10/21 Dorer, Benno AF 15 Utils (b) 42,362.5 40,691.7 43,769.6 47,247.6 36,676.1
Ares Management 10,925,000 $54.00 $589,950,000 65 Stks (b) 491,010.6 428,351.6 401,684.4 437,929.0 421,518.3
Horizon Therapeutics HZNP 70,739 6,615,090 4/1/21 Curtis, Geoffrey O NYSE Amer(a) 23,238 23,596 15,321 14,629 13,159
Astrotech 21,639,851 $1.50 $32,459,777
Homology Medicines 6,329,114 $7.90 $50,000,001 Nasd(d) 4,488,525 4,047,455 4,035,209 4,160,778 3,907,642
THE WEEK IN STOCKS FOR THE MAJOR INDEXES Identiv 3,286,385 $10.65 $35,000,000
NYSE 15 Most Active
Avg. Price 20.15 26.08 21.30 18.93 21.66
12-Month Weekly Friday Weekly 12-Month Change From Maravai LifeSciences Holdings 18,000,000 $31.25 $562,500,000 % Tot Vol 18.21 19.37 25.21 18.18 19.29
High Low High Low Close Chg. % Chg. Chg. % Chg. 12/31 % Chg. NETSTREIT 10,915,688 $18.65 $203,577,581 Numbers in thousands save price and percentages. (a) Primary
Dow Jones Indexes Otonomy 6,288,890 $2.25 $14,150,003 volume. (b) Composite volume. (d) as of 4:10 pm. (r) Revised. (v)
33800.60 23018.88 30 Indus 33800.60 33430.24 33800.60 647.39 1.95 10081.23 42.50 3194.12 10.44 Outset Medical 5,944,859 $53.50 $318,049,957 W/E Thursday. (z) Source: Refinitiv.
14918.33 7761.00 20 Transp 14918.33 14787.96 14918.33 169.95 1.15 6681.41 81.12 2411.40 19.28 Phreesia 4,500,000 $50.00 $225,000,000
917.38 744.49 15 Utilities 893.59 889.88 891.67 12.16 1.38 63.84 7.71 27.03 3.13 RumbleON 1,048,998 $38.00 $39,861,924
11291.80 7478.46 65 Comp 11291.80 11197.56 11291.80 183.53 1.65 3487.07 44.68 1183.09 11.70 DELTA MARKET SENTIMENT INDICATOR
Ultra Clean Holdings 3,181,818 $55.00 $174,999,990
Dow Jones Indexes
Upstart Holdings 2,000,000 $120.00 $240,000,000 The Delta MSI measures the position of ~1,800 stocks relative to an
43142.13 27478.69 US TSM Float 43142.13 42633.10 43142.13 1003.79 2.38 15066.26 53.66 3922.51 10.00
1040.24 670.91 US Market 1040.24 1026.96 1040.24 26.42 2.61 355.39 51.89 92.89 9.81 Source: Dealogic LLC, New York City; (212) 577-4400. intermediate-term moving average crossover (MAC) point. When
1101.29 598.69 Internet 1052.40 1021.57 1052.40 39.50 3.90 453.71 75.78 90.83 9.45 greater than 50% of the stocks followed are above this MAC point, the
market is bullish and equities are attractive. When the indicator is
New York Stock Exchange
15956.37 10706.44 Comp-z 15956.37 15838.85 15956.37 204.13 1.30 4819.77 43.28 1431.57 9.86
Coming U.S. Auctions below 50%, risk is elevated and stock exposures should be reduced.
Manager uses discretion on asset allocation when MSI is 50% +/- 3%.
9483.03 5894.96 Financial-z 9483.03 9413.05 9483.03 116.57 1.24 2899.79 44.05 1190.18 14.35 Yields (%)
20901.84 16482.67 Health Care-z 20629.74 20339.96 20629.74 278.74 1.37 4007.48 24.11 584.07 2.91 Day When Last Last 2 Weeks 3 Weeks
8608.51 4776.65 Energy-z 8061.73 7893.68 7893.68 –274.55 –3.36 1988.94 33.68 1390.90 21.39 Issued* Auction Current Sentiment Week Ago Ago
NYSE American Stock Exchange M BULLISH 69.4% 65.8% 66.8%
2860.55 1678.35 NYSE Amer Comp 2798.13 2761.47 2785.12 10.74 0.39 1049.61 60.48 424.22 17.97
3014.18 2130.12 Major Mkt 3014.18 2998.46 3014.18 42.11 1.42 785.01 35.22 267.16 9.73
$57.0 bil 3-month 0.015 0.020
Current Market Exposure: 100% Equities, 0% Bonds, 0% Cash
Standard & Poor's Indexes $54.0 bil 6-month 0.035 0.035 Source: Delta Investment Management
1882.89 1259.47 100 Index 1882.89 1850.10 1882.89 60.35 3.31 611.69 48.12 162.39 9.44 $58.0 bil 3-year 0.331 0.355 www.deltaim.com, (415) 249-6337
4128.80 2736.56 500 Index 4128.80 4073.94 4128.80 108.93 2.71 1338.98 48.00 372.73 9.92 * As of Friday afternoon.
5768.45 3818.03 Indus 5768.45 5684.26 5768.45 166.23 2.97 1933.09 50.40 471.17 8.89
2682.61 1490.58 MidCap 2670.52 2647.92 2670.52 22.81 0.86 1084.15 68.34 363.90 15.78
1397.66 691.42 SmallCap 1346.01 1325.31 1334.56 –5.74 –0.43 591.33 79.56 215.63 19.27 U.S. DOLLAR INDEX vs EURO and YEN
Nasdaq Stock Market
14095.47 8153.58 Comp 13900.19 13688.84 13900.19 420.08 3.12 5746.61 70.48 1011.90 7.85 Felled: Yields edged up, but big fiscal and trade deficits could weaken the dollar—
13845.05 8238.53 100 Index 13845.05 13578.46 13845.05 515.54 3.87 5606.53 68.05 956.77 7.42
11219.80 6171.82 Indus 10874.40 10722.57 10874.40 284.87 2.69 4702.58 76.19 477.58 4.59 which slid against a six-currency basket to drop the U.S. Dollar Index 0.9%, to 92.18.
10925.92 7082.34 Insur 10916.38 10833.70 10916.38 108.52 1.00 2859.29 35.49 829.95 8.23 20
4843.92 2273.85 Banks 4586.52 4534.55 4586.52 22.37 0.49 1884.22 69.73 1039.63 29.31 EURO in $
9800.62 5463.72 Computer 9800.62 9541.40 9800.62 454.58 4.86 4336.91 79.38 983.10 11.15 s
499.50 355.93 Telecom 495.29 492.39 492.39 2.71 0.55 134.65 37.64 18.25 3.85
Russell Indexes 10
2325.64 1500.81 1000 2325.64 2296.07 2325.64 59.26 2.61 795.59 52.00 204.77 9.65
2360.17 1178.09 2000 2264.89 2223.05 2243.47 –10.43 –0.46 996.75 79.95 268.62 13.60
2471.10 1575.50 3000 2471.10 2441.88 2471.10 57.93 2.40 862.04 53.57 222.66 9.90 s
0
1525.92 1020.42 Value-v 1525.92 1518.07 1525.92 18.38 1.22 451.76 42.06 176.29 13.06 YEN in $
2585.17 1615.42 Growth-v 2585.17 2528.21 2585.17 100.34 4.04 966.02 59.66 157.41 6.48
3045.08 1827.25 MidCap 3045.08 3015.69 3045.08 45.63 1.52 1142.08 60.01 302.03 11.01
s
Others -10
9372.60 4782.55 Value Line-a 9291.64 9220.48 9291.64 78.27 0.85 4255.71 84.51 1378.61 17.42 DXY (92.18)
662.15 368.54 Value Line-g 653.85 648.95 653.79 5.04 0.78 263.99 67.72 85.02 14.95
15633.17 7910.29 DJ US Small TSM15097.70 14894.92 15018.67 –6.44 –0.04 6670.63 79.91 1770.00 13.36
991.43 557.81 Barron's 400 991.43 979.01 991.43 14.27 1.46 409.64 70.41 139.23 16.34 -20
M J J A S O N D J F M A
High/Low's are based upon the daily closing index. a-Arithmetic Index. G-Geometric Index. V-Value 1000 and Growth 1000 y-Dec.
31,1965=50 z-Dec. 31,2002=5000 Source: Tullett Prebon
M32 BARRON’S April 12, 2021

Market Laboratory
DOW JONES U.S. TOTAL MARKET INDUSTRY GROUPS US TREASURY BILLS Coming Earnings
Net Change % Change and Ranking 52 Week Wkly Ask
Maturity Bid Asked Chg. Yld. Day Consensus Year
Top 20 Weekly Ranked IG-Sym Close Wkly YTD Week Rank Yr Ago Rank YTD Rank 3 Yr High Low Estimate Ago
Computer Hardware DJUSCR 6734.68+ 479.23 132.06 +7.66 [1] +96.58 [13] +2.00 [122] +41.60 7,093.05 3,400.33 Apr 13 '21 0.02 0.01 0.01 0.01
Clothing & Accessories DJUSCF 397.81 + 24.06 25.41 +6.44 [2] +70.07 [36] +6.82 [96] +7.17 397.81 217.68 Apr 15 '21 0.01 .... .... .... Continued from page 13 of the main section.
Apparel Retailers DJUSRA 1254.50 + 74.01 146.06 +6.27 [3] +60.84 [55] +13.18 [48] +15.15 1,254.50 710.06 Apr 20 '21 0.02 0.01 .... 0.01
Apr 22 '21 0.01 .... .... .... TH
Broadline Retailers DJUSRB 3421.42+ 192.47 115.49 +5.96 [4] +58.49 [62] +3.49 [113] +31.17 3,520.79 2,158.75
Recreational Svcs DJUSRQ 113.57 + 6.11 21.15 +5.68 [5] +113.37 [9] +22.88 [17] –7.60 116.85 48.75
Apr 27 '21 0.02 0.01 .... 0.01 Bank of America (Q1) 0.64 0.40
Apr 29 '21 0.01 .... -0.01 .... Blackrock (Q1) 8.16 6.60
Internet DJUSNS 3242.97+ 173.07 527.20 +5.64 [6] +89.12 [20] +19.41 [31] +28.90 3,242.97 1,714.74 May 04 '21 0.02 0.01 .... 0.01
Media Agencies DJUSAV 875.29 + 46.50 156.15 +5.61 [7] +108.10 [10] +21.71 [20] +17.85 879.24 380.88 May 06 '21 0.02 0.01 0.01 0.01 Citigroup (Q1) 2.38 1.05
Financial Administration DJUSFA 913.68 + 44.96 79.59 +5.18 [8] +74.81 [34] +9.54 [77] +30.20 925.21 500.90 May 11 '21 0.02 0.01 .... 0.01 Delta Air (Q1) -2.78 -0.51
Software & Computer Svcs DJUSSV 4638.92+ 223.61 511.92 +5.06 [9] +66.83 [44] +12.40 [54] +30.35 4,638.92 2,780.59 May 13 '21 0.02 0.01 .... 0.01
Software DJUSSW 4819.94+ 227.53 388.01 +4.95 [10] +58.22 [64] +8.75 [84] +35.53 4,827.53 3,046.42 May 18 '21 0.02 0.01 .... 0.01 J.B. Hunt (Q1) 1.23 0.98
General Retailers DJUSGT 2453.60+ 111.77 182.73 +4.77 [11] +62.25 [50] +8.05 [90] +27.16 2,453.60 1,512.23 May 20 '21 0.02 0.01 0.01 0.01 PepsiCo (Q1) 1.12 1.07
Mortgage Finance DJUSMF 8.79 + .40 1.09 +4.73 [12] +59.43 [59] +14.19 [46] +7.66 8.79 4.51 May 25 '21 0.02 0.01 -0.01 0.01
May 27 '21 0.02 0.01 .... 0.01
PPG (Q1) 1.57 1.19
Technology Hardware & Equip DJUSTQ 3523.07+ 154.55 279.35 +4.59 [13] +85.46 [25] +8.61 [86] +32.97 3,523.07 1,880.76 Rite Aid (Q4) -0.53 -0.37
Jun 01 '21 0.01 .... .... ....
Business Training DJUSBE 188.33 + 8.22 32.55 +4.56 [14] +90.84 [18] +20.90 [24] +6.06 188.33 93.00 Jun 03 '21 0.02 0.01 0.01 0.01
Retail DJUSRT 2130.80 + 91.85 156.05 +4.50 [15] +58.42 [63] +7.90 [91] +25.68 2,130.80 1,345.02 U.S. Bancorp (Q1) 0.94 0.72
Jun 08 '21 0.01 .... .... ....
Support Services DJUSIS 928.85 + 36.51 74.69 +4.09 [16] +65.65 [46] +8.74 [85] +25.21 928.85 536.27 Jun 10 '21 0.02 0.01 .... 0.01 UnitedHealth Group (Q1) 4.39 3.72
Home Improvement Rtlrs DJUSHI 696.60 + 25.84 122.68 +3.85 [17] +73.12 [35] +21.38 [21] +25.66 696.60 396.39 Jun 17 '21 0.02 0.01 .... 0.01 F
Waste & Disposal Svcs DJUSPC 390.11 + 13.90 42.03 +3.69 [18] +36.09 [96] +12.07 [59] +17.04 390.11 270.76 Jun 24 '21 0.02 0.01 -0.01 0.01
Defense DJUSDN 474.87 + 16.14 50.89 +3.52 [19] +10.08 [130] +12.00 [60] –.54 478.72 388.50 Jul 01 '21 0.02 0.01 -0.01 0.01 Bank of New York Mellon (Q1) 0.87 1.05
Restaurants & Bars DJUSRU 2408.46 + 78.52 172.78 +3.37 [20] +45.07 [85] +7.73 [92] +18.09 2,408.46 1,615.21 Jul 08 '21 0.02 0.01 .... 0.01 Kansas City Southern (Q1) 2.00 1.96
Net Change % Change and Ranking 52 Week Jul 15 '21 0.02 0.01 .... 0.01
Jul 22 '21 0.02 0.01 0.01 0.01 Morgan Stanley (Q1) 1.64 0.99
Top 20 Yr Ago Ranked IG-Sym Close Wkly YTD Week Rank Yr Ago Rank YTD Rank 3 Yr High Low
Jul 29 '21 0.02 0.01 -0.01 0.01 PNC Financial (Q1) 2.66 1.95
Automobiles DJUSAU 884.61 + 22.22 23.32 +2.58 [41] +351.01 [1] +2.71 [120] +64.03 1,077.96 196.14 Aug 05 '21 0.02 0.01 -0.01 0.01 (Earnings are diluted and report dates are tentative. All fore-
Aluminum DJUSAL 107.13 – 2.97 28.39 –2.70 [133] +338.32 [2] +36.05 [3] –12.83 112.63 20.64 Aug 12 '21 0.02 0.01 .... 0.01 casts and historical numbers exclude extraordinary items by
Nonferrous Metals DJUSNF 455.35 + 3.75 107.28 +.83 [95] +315.63 [3] +30.82 [7] +25.00 509.39 99.12 Aug 19 '21 0.03 0.02 .... 0.02 accounting definitions.)
Automobiles & Parts DJUSAP 1046.53 + 23.36 37.11 +2.28 [48] +276.18 [4] +3.68 [112] +45.00 1,239.34 278.20 Aug 26 '21 0.03 0.02 .... 0.02 Source: FactSet
Industrial Metals & Mining DJUSIM 331.16 + .59 88.31 +.18 [109] +167.33 [5] +36.36 [2] +11.69 339.37 112.29 Sep 02 '21 0.03 0.02 .... 0.02
Furnishings DJUSFH 484.01 + 12.95 119.65 +2.75 [33] +127.41 [6] +32.84 [5] +6.81 484.01 183.67 Sep 09 '21 0.03 0.02 .... 0.02
Recreational Products DJUSRP 620.58 + 15.96 105.68 +2.64 [37] +122.84 [7] +20.52 [25] +17.66 629.52 262.70 Sep 16 '21 0.04 0.03 0.01 0.03
Sep 23 '21 0.03 0.02 -0.01 0.02
Home Construction DJUSHB 1517.00 + 36.48 372.56 +2.46 [42] +115.69 [8] +32.55 [6] +21.08 1,517.00 643.71 DAILY CBOE VIX INDEX
Sep 30 '21 0.03 0.02 -0.01 0.02
Recreational Svcs DJUSRQ 113.57 + 6.11 21.15 +5.68 [5] +113.37 [9] +22.88 [17] –7.60 116.85 48.75 Oct 07 '21 0.04 0.03 .... 0.03
Media Agencies DJUSAV 875.29 + 46.50 156.15 +5.61 [7] +108.10 [10] +21.71 [20] +17.85 879.24 380.88 Week
Nov 04 '21 0.04 0.03 -0.01 0.03 Ended Open High Low Last Chg.
Transportation Svcs DJUSTS 311.03 + 4.51 31.39 +1.47 [74] +103.26 [11] +11.23 [66] +5.34 311.03 136.06 Dec 02 '21 0.04 0.03 -0.01 0.03
Heavy Construction DJUSHV 708.72 + 22.30 157.43 +3.25 [23] +100.60 [12] +28.56 [11] +18.05 708.72 315.16 Dec 30 '21 0.05 0.04 .... 0.04 202
Computer Hardware DJUSCR 6734.68+ 479.23 132.06 +7.66 [1] +96.58 [13] +2.00 [122] +41.60 7,093.05 3,400.33 Jan 27 '22 0.05 0.04 -0.01 0.04 Apr. 9 17.05 17.34 16.20 16.69 – 0.26
Commercial Vehicles DJUSHR 3446.54 + 10.05 719.46 +.29 [107] +96.32 [14] +26.38 [15] +20.86 3,482.07 1,574.79 Feb 24 '22 0.06 0.05 .... 0.05
Airlines DJUSAR 246.55 + 4.44 62.55 +1.83 [61] +93.50 [15] +33.99 [4] –2.53 252.35 91.71 Mar 24 '22 0.06 0.05 -0.01 0.05 8 16.92 17.36 16.55 16.95 – 0.21
Travel & Tourism DJUSTT 936.11 + 3.42 125.63 +.37 [103] +93.28 [16] +15.50 [42] +8.85 966.89 457.81 7 17.99 18.17 16.87 17.16 – 0.96
Steel DJUSST 318.41 – .42 95.33 –.13 [117] +93.14 [17] +42.73 [1] +5.71 322.40 148.33 6 18.07 18.30 17.37 18.12 + 0.21
Business Training DJUSBE 188.33 + 8.22 32.55 +4.56 [14] +90.84 [18] +20.90 [24] +6.06 188.33 93.00 5 18.16 18.40 17.35 17.91 + 0.58
Delivery Svcs DJUSAF 1514.02 + 29.03 100.94 +1.96 [56] +90.32 [19] +7.14 [94] +14.53 1,514.02 731.48 NYSE HALF-HOURLY VOLUME
Internet DJUSNS 3242.97+ 173.07 527.20 +5.64 [6] +89.12 [20] +19.41 [31] +28.90 3,242.97 1,714.74
Daily 4/05 4/06 4/07 4/08 4/09
Groups are weighted by capitalization. 52-week highs and lows are based on daily closes. Dec. 31, 1991=100. In the U.S. listings, % vol chg
column shows the change from previous 65-day moving average. Volume figures do not reflect extended trading hours. 9:30-10:00 132,488 112,100 110,783 117,476 102,873 SELECTED INITIAL PUBLIC OFFERINGS
10:00-10:30 48,742 47,417 42,695 45,075 39,602 Initial Most
AMERICAN DEBT AND DEFICITS 10:30-11:00 40,348 40,686 37,942 37,521 35,585 Ticker Offer IPO Recent %
Latest Preceding Year AgoYear over Year 11:00-11:30 33,825 35,775 36,914 33,627 30,040 Code Price Date Price Chg
Report Report Report % Chg 11:30-12:00 31,973 29,906 34,596 30,976 25,774
Global SPAC Partners GLSPU 10.00 4/9 9.94 -0.6%
12:00-12:30 26,424 25,321 28,228 26,697 22,544
Federal Budget Deficit (bil. $)-a ......................................... 920FY'22 966FY'21 1,083FY'20 …. Reneo Pharma RPHM 15.00 4/9 13.89 -7.4%
12:30-1:00 27,968 25,883 25,606 26,151 22,683
Budget Surplus/Deficit (bil. $)-b, February...................... –310.92 –162.83 –235.28 32.15 Tio Tech A TIOAU 10.00 4/9 10.00 0.0%
1:00-1:30 25,917 25,794 23,753 21,978 20,504
Trade Deficit (bil. $, sa)-c, February................................... –71.08 r-67.82 –38.01 87.00 Model Performance MPACU 10.00 4/8 10.09 0.9%
1:30-2:00 25,364 23,984 23,128 23,969 25,461
Treasury Gross Public Debt. (bil. $)-d ............................... 28,089.1 28,132.6 24,111.8 16.50 2:00-2:30 25,124 26,786 26,481 22,931 24,376 CM Life Sciences III CMLTU 10.00 4/7 11.20 12.0%
Treasury Statutory Debt Limit (bil. $)-d............................. * 21,987.7 …. …. 2:30-3:00 27,124 27,878 26,626 25,090 22,900 Panacea Acquisition II PANA 10.00 4/7 10.00 0.0%
Consumer Installment Debt (bil. $)-e, February.............. 4,205.8 r4,178.2 4,221.4 -0.37 3:00-3:30 34,193 34,940 35,860 30,227 29,549 Ace Global Business ACBAU 10.00 4/6 10.07 0.7%
Sources: a-Office of Management and Budget, b-Monthly Treasury Statement, c-Monthly Commerce Dept. Report, d-Daily Treasury 3:30-4:00 389,332 408,849 350,052 408,557 386,089 UTime UTME 4.00 4/6 49.051126.3%
Statement, e-Monthly Federal Reserve Release.*Statutory debt limit temporarily suspended through July 31, 2021.

PULSE OF THE ECONOMY

Only includes new reports. Latest Latest Preceding Year YroYr Latest Latest Preceding Year YroYr
Economic Growth and Investment Date Data Period Ago % Chg Date Data Period Ago % Chg

No Activity for this Week New factory orders, (bil. $) ............................................................ Feb 505.68 r509.74 496.80 1.79
Nondurable goods orders, (bil. $) .................................................. Feb 251.60 r252.49 247.60 1.62
Production
Trade
Electric power, (mil. kw hrs) (EEI) .................................................. Apr 3 68,183 67,594 64,896 5.07
Petroleum, related capacity, % ...................................................... Apr 2 84.0 83.9 75.6 11.11 Merchandise trade balance (bil $) .................................................. Feb –88.01 r–85.23 –60.40 45.71
Rotary rigs running, U.S. & Can., (Hughes) .................................... Apr 9 490 499 637 –23.08 Inflation
Steel, (thous. tons) ........................................................................ Apr 3 1,766 1,760 1,534 15.12
Steel, rated capacity, % (AISI)........................................................ Apr 3 77.9 77.6 68.5 13.72 JOC–ECRI Industrial Price Index f .................................................. Apr 9 135.96 135.32 72.35 87.92
Producer price index (finished goods) c ......................................... Mar 214.3 211.6 203.7 5.20
Consumption and Distribution
Employment
Factory shipments, (bil. $) ............................................................. Feb 502.40 r512.67 499.77 0.53
Initial jobless claims (thous.) ........................................................ Apr 3 744 r728 6,149 –87.90
Instinet Research Redbook Avg. (monthly %) ................................ Apr 3 –17.15 –0.26 1.05 ….
Continuing claims (mil.) ................................................................ Mar 27 3.734 r3.750 7.868 –52.54
Baltic Dry Index ............................................................................. Apr 9 2,085 2,072 635 228.35
Job openings, (thous.) .................................................................. Feb 7,367 r7,099 7,012 5.06
Wholesale sales, (mil. $) ............................................................... Feb 538,303 r542,867 505,830 6.42
Hires, (thous.) ............................................................................... Feb 5,738 r5,465 5,979 –4.03
Inventories Total separations, (thous.)............................................................. Feb 5,456 r5,323 5,715 –4.53
Help Wanted Online –Ads (thous,) ................................................. Mar 6,307.0 5,717.7 6,116.9 3.11
Domestic crude oil, (thous. bbls) Comm. (Excl. Lease Stck) ........... Apr 2 498,313 501,835 484,370 2.88
Factory inventories, (bil. $) ............................................................ Feb 702.44 r696.91 699.30 0.45 Construction
Gasoline, (thous. bbls) .................................................................. Apr 2 234,588 230,544 257,303 –8.83
No Activity for this Week
Wholesale inventories, (mil. $) ...................................................... Feb 682,470 r678,189 668,928 2.02
Other Indicators
Orders
Citi Research Panic–Euphoria Reading .......................................... Apr 9 1.01 r1.01 –0.36 ….
Factory orders, backlog (bil. $) ...................................................... Feb 1,082.30 r1,073.78 1,158.53 –6.58 a-1997 equals 100. b-1982-84 equals 100. c-1982 equals 100. f-1996 equals 100. h-benchmark revision, 2016 equals 100. r-Revised.
April 12, 2021 BARRON’S M33

Market Laboratory
WEEK’S NEW HIGHS AND LOWS WEEK’S NEW HIGHS AND LOWS WEEK’S NEW HIGHS AND LOWS WEEK’S NEW HIGHS AND LOWS
Weekly Comp. NYSE NYSE Amer Nasdaq BurgundyTechWt FTRisingDivAch MedicusSciA ThunderBridgeIII A AstreaAcqnWt GigCapital4Wt MetroMile SustDevtI Wt BcoSantMex EtnVncShrtDur MGIC Investment StanleyBlackDck
BusFirstBcshs GainTherap MedicusSciWt ThunderBridgeIIIWt AxsomeTherap GlobalSpac MMA Capital Tech&Energy BancorpSthBkPfA EtnVncTxAdvGbl MGMGrowthProp Stantec
New Highs 669 21 518 ByteAcqn Gaming&HospA MerchantsBncpPfdC TioTechA BellerophonTherap GracellBiotech ModelPerform ThayerVenturesWt BankofAmerica EtnVncTxAdvOpp MGM Resorts StarGroup
New Lows 54 1 128 CA Healthcare Garmin MicronTech Tiptree BoltBiotherap Gyrodyne MoringaAcqnA ThimblePointWt BankofAmPfd4 EtnVncTxMgd MI Homes SteelPartners
CalamosConvHi GigCapital4 Microsoft TishmanSpeyII A BroadscaleAcqnA HomologyMed MotionAcqnWt ThunderBridgeIIIWt BankofAmPfdE EtnVncByWrFd MSC Industrial StellusCapInvt
NYSE AMER CalamosConvOp GigCapital4Wt MiMedx TishmanSpeyII Wt BroadscaleWt HudsonExecII A NeuBaseTherap TioTechA BankofAmPfdL EtnVncTxMngOpp MV Oil StewartInfo
CalamosL/SEqu GladstoneCap MINDTech9%PfdA TractorSupply Canoo HudsonExecII Wt NobleRockA TishmanSpeyII A BankofMontreal EtnVncTxMnGlDvEq MacqGlblInfra Stryker
NEW HIGHS CalamosStratTot GladstoneInvt MKS Instrum Tradeweb CarneyTechII Wt Hywin PanaceaAcqnII TishmanSpeyII Wt BankNY Mellon EtnVncTxAdvDiv MadisonCvrdCall SummitHotelPfdE
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AdaraAcqnWt CasellaWaste GlbXS&PCathDvxUS MudrickCapII A TRowePrice ConcertPharm iShiBdsDec26Trea Pwr&DigitalA VectivBio BiteAcqnWt Equitable MasTec TaylorMorrison
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BBQ Holdings FT LC Value LazardGrowthI Starbucks DollarTree InvscDWABasicMatl PotlatchDelt XcelBrands CVR Partners GenAmInv NuvS&P500BuyWrt VoyaInfrIndls
BGC Partners FT MC US Equity LazardGrowthIWt SteelDynamics ApolloSrFRFd DTE Energy KKR IncomeOpps RiceAcqnA CAE GeneralDynamics NuvS&P500DynOver VoyaPrimeRate
DonegalGroup B InvscDWACnsStpls PPD Z-WorkAcqnA
BicycleTherap FT MultAsstDiv LCattertonAsia SunCountryAir ApolloStratII A DXC Tech KSCitySouthern RiceAcqnWt CamdenProperty GeneralMotors NuvTaxAdvTR WPP
ECPEnvlGrwOppsA InvscDWADevMkt PRA HealthSci Z-WorkAcqnWt
BlackRockCapInvt FT NasdaqTrans LegacyHousing SuperMicroComp ApolloStratII Wt DeckersOutdoor KayneAnNextGen RiverNDoubleLine CanPacRlwy Gerdau NuvTaxAdDivGr WarriorTech
ECPEnvlGrwOppsWtInvscDWAUtilMom
BlueknightEner FT NasdClEdSmGr LeggMasonGlbInfr SurgeryPartners ApolloTactical DelEnhGlDivInc Kennametal RiverNorthPfdA Carlisle Gildan OFGBancorp WasteConnections
NEW LOWS
Bonso FT NasdTechDiv LeggMasonLVHD Surmodics AcadiaPharm ECPEnvlGrwOppsA KernelA RosecliffAcqnIA Aptargroup DE InvDivInco KenonHoldings RiverNorthSpcFin Carnival GlbNetLeasePfdA O-I Glass WasteMgt
BowXAcqnA FT RiverFrDynDev LGI Homes SuRoCapital AceGlblBus ECPEnvlGrwOppsWt LandosBio RosecliffAcqnIWt ArborRealtyPfdB DellTechC Knight-Swift RotorAcqnA Carnival GlbNetLeasePfdB ONEOK Waters
BowXAcqnWt FT RiverFrDynEur LibertySirius B SustDevtI A AchillesTherap EnvlImpactWt LazardGrowthI RothCH III ArcelorMittal Deluxe Knowles RotorAcqnWt CatchaInvtA GlobalPtrsPfdB OldRepublic Watsco
BowXAcquisitionUn FT S&PIntDivArist LongboardPharm SustDevtI Wt Adagene EvoAcqnA LazardGrowthIWt RothCH III Wt ArcelorMittalNts Denbury KoninklijkePhil SCE III Pfd CatchaInvtWt GoldmanSachsBDC OmegaHealthcare Welltower
BriaCellTherapWt FT SMID CapRising LongTermCareETF SWK Holdings AdverumBiotech EvoAcqnWt LongboardPharm ScionTechII AresAcqnA DesignerBrands KontoorBrands SC Health CedarRealtyPfC GS MLPEnergyRen Omnicom WestFraserTimber
BrighthousePfdB FT SwitzAlpha Lovesac Tech&Energy AdvShDorseyShrt FibroGen LuciraHealth ScionTechII A AresAcqnWt Diageo KoreaFund SITECtrsPfdA CentralPacFin GraphicPkg OneLiberty WstAstOppFd
BroadscaleAcqnA FT TotalUSMkt Macrogenics Tecnoglass AlkuriGlobalA ForesightAcqnA MarqueeRaineWt ScionTechII Wt AresDynamicCredit Dick's L Brands SK Telecom CenturyComm GreatAjaxNts24 OntoInnovation WstAstHYDefOpp
BroadscaleWt FT UK Alpha MagentaTherap TexasCapBcshsPfdB AlkuriGlobalWt ForesightAcqnWt MedicusSciA SigilonTherap AresMgmt DigitalOcean LG Display STAG Indl CharlesRiverLabs GrupoTelevisa Oracle WestlakeChemPtrs
Brooks Auto FTEurozoneAlpha MaidenHoldings TexasInstruments Amesite Galecto MedicusSciWt SmartShareGlbl Argan DineBrands LSB Inds SafeBulkersPfdC CharlesSchwabPfdJ GuggCreditAlloc OtisWorldwide Weyerhaeuser
BRP FTIndxxInnTran ManhattanBridge TexasRoadhouse AspenGroup Gaming&HospWt MedTechAcqnWt SolenoTherap ArlingtonAsstNt23 dMY Tech II L3HarrisTech SafeBulkersPfdD ChimeraInvPfdA GuggEnhEquFd OwensCorning Whirlpool
BuildersFirstSrc FTIntlDevCapStr MarathonDigital ThimblePointWt AST Space GigCapital4 Metacrine SportsVenturesWt ArlingtonAssetPfC dMYTechA LazardGlblFd SantanderCons ChimeraInvPfdB GuggStratOpps PCM Fund Wiley A
ArrowElec dMYTechII Wt Leaf SaratogaInvt ChimeraPfdC HH&L Acqn PGIM GlbHYFd Wiley B
AshfordHospPfdG DolbyLab Lennar A SaulCentersPfdE ChimeraInvPfdD HP PGIM HYBdFd Williams-Sonoma
AshfordHospPfdH DoubleLineIncm Lennar B SchwabC ChinaGreenAg HancockInvestors PIMCOCorp&Incm WooriFin
CONFERENCE CALL CALENDAR AshfordHospPfdD Dover LennoxIntl ScottsMiracleGro ChurchillVI A HancockPfdIncmII PIMCOCorporate WyndhamHtls
AssdBancPfdE Ducommun LeviStrauss SeaWorldEnt ChurchillVI Wt HancockPfdIncmIII PIMCODynamicCred XAIOctagonPfd
Earnings - Related Assurant DynexCapPfdC LibertyAllStar Semrush ChurchillVII A HancockTaxAdvDiv PIMCO DynIncmFd YumBrands
Company Date Time Earnings-Related Period AthenaTech EMCOR LifeStorage SendasDistrib ChurchillVII Wt HancockTxAdvGlb PIMCOIncOpFd ZimIntShipping
AthenePfdC ENI Linde SeritageGrwPfdA CincinnatiBell HanoverIns PIMCO IncmStrFdII Zhihu
Bank of New York Mellon April 16 7:00AM Q1 AthenePfdD EPAM Systems Lindsay SherwinWilliams CityOfficeREIT
BlackRock April 15 7:30AM Q1 AtlasPfdD EPR PropPfdG LloydsBanking Shift4Paymts NEW LOWS
Delta Air Lines April 15 9:00AM Q1 AtlasPfdE EPR PropPfdE LMP Capital ShinhanFin AfricanGoldWt ChurchillVI Wt HH&L Acqn PivotalInvtIII Wt
AtlasPfdH ESM Acqn Loews SkechersUSA AldelFin ChurchillVII A HorizonTechNts26 QuantumFinWt
Fastenal April 13 9:00AM Q1 AtlasPfdI EagleMaterials LomaNegra SkylineChamp ApolloStratII A ChurchillVII Wt IonAcqn2 A RomeoPower
First Republic Bank April 14 9:00AM Q1 AtlasCrestII A EaglePointCredit LongviewII SnapOn ApolloStratII Wt Compass IonAcqn2 Wt SocialLvgI Wt
Goldman Sachs April 14 8:30AM Q1 AtlasCrestII Wt EaglePointNts31 LouisianaPacific SocialLvgI Wt BEST ComputeHlthWt Lannett SocialLvgI A
Kansas City Southern April 16 7:45AM Q1 Avantor EaglePointIncome Lowe's SocialLvgI A BoaAcqnA ConstellationI Wt LeoHldgsII Wt TPG Pace Solns
AvantorPfdA Eaton Luby's SociedadQuimicaRt BoaAcqnWt CrownPropWt MDH Acqn Wt TPGPaceTechWt
PPG Industries April 16 7:00AM Q1 AveryDennison EtnVncBuyWrite MDC Holdings SonocoProducts BankofAmPfdEE DPCM Cap Wt MusicAcqnA TelecomArgentina
Truist Financial April 15 7:00AM Q1 BNYM AlcGlb2024 EtnVncEqtyInco MDH Acqn A SouthJerseyUn BiteAcqn EQ Health A MusicAcqnWt twoA
U.S. Bancorp April 15 10:00AM Q1 BNYM HY Strat EtnVncFRIncmPlus MDU Rscs SouthwestAir BiteAcqnWt FinanceofAm NuvationBioWt VineEnergy
Wells Fargo & Co April 14 9:00AM Q1 BoaAcqnA EtnVncFR IT MFAFin6.5%PfdC SpartanAcqnIII Wt BroadmarkRltyWt FinanceofAmWt Ouster XAIOctagonPfd
BoaAcqnWt EtnVnc MIT MFS HiIncoMuni SpecialOppFdPfB CatchaInvtA GEO Group PeriphasCapWt XL Fleet
Source: CCBN, www.ccbn.com BWX Tech EtnVncRiskMngd MFS MultInco SpectrumBrands CatchaInvtWt GSXTechedu PivotalInvtIII A YatsenHolding
BainCapSpecialty EtnVncSrFltRte MFS SpcVal SpragueRscs ChurchillVI A GenieEnergy
M34 BARRON’S April 12, 2021

Market Laboratory
MONEY RATES CBOE PUT/CALL RATIO vs S&P 100 FOREIGN EXCHANGE
Latest Prev. Yr Ago Readings in the CBOE equity put-call ratio of 60:100 Friday, April 09, 2021 Foreign Foreign U.S. $ in U.S. $ in
Week Week and in the S&P 100 of 125:100 are considered bullish, The New York foreign exchange mid-range rates are quoted at 5 Currency Currency Foreign Foreign
p.m. Eastern time by Tullett Prebon. Retail transactions pro- in U.S.$ in U.S.$ Currency Currency
Discount Rate (NY) 0.25 0.25 0.25 for instance. Bearish signals flash when the equity Country Fri. Last Fri. Fri. Last Fri.
put-call level reaches the vicinity of 30:100 and the vide fewer units of foreign currency per dollar.
Prime Rate (base) 3.25 3.25 3.25 index ratio hits 75:100. Foreign Foreign U.S. $ in U.S. $ in South Korea (Won) .0008920 .0008852 1121.12 1129.64
Currency Currency Foreign Foreign
Fed Funds Rate in U.S.$ in U.S.$ Currency Currency Sri Lanka (Rupee) .0050 .0050 200.3600 198.8800
Avg effective offer 0.07 0.07 0.08 S&P 100 CBOE Country Fri. Last Fri. Fri. Last Fri. Sweden (Krona) .1171 .1146 8.5390 8.7271
Avg weekly auction-c 0.07 0.07 0.07 Switzerland (Franc) 1.0817 1.0610 .9245 .9425
4.40 0.85 Argentina (Peso)-y .0108 .0109 92.3519 91.6123 Taiwan (Dollar) .03514 .03503 28.457 28.545
T-Bills Rate Australia (Dollar) .7618 .7611 1.3127 1.3139 Thailand (Baht) .03179 .03196 31.460 31.290
13 weeks, Coupon Yield 0.020 0.020 0.127 Bahrain (Dinar) 2.6524 2.6524 .3770 .3770 Turkey (New Lira)-d .1224 .1224 8.1709 8.1669
13 weeks, Auction Rate 0.020 0.020 0.125 3.60 0.75 Brazil (Real) .1760 .1752 5.6817 5.7080 .0358 .0357 27.9500 28.0500
Ukraine (Hryvnia)
26 weeks, Coupon Yield 0.035 0.041 0.162 Bulgaria (Lev) .6086 .6013 1.6432 1.6632 U.K. (Pound) 1.3705 1.3832 .7297 .7230
26 weeks, Auction Rate 0.035 0.040 0.160 S&P 100
s Canada (Dollar) .7981 .7951 1.2529 1.2578 Uruguay (Peso) …… .. …… .. …… .. …… ..
Avg weekly auction-c 0.02 0.02 0.10 Chile (Peso) .001407 .001395 710.60 717.10 Financial .02275 .02261 43.960 44.237
2.80 0.65 .1526 .1523 6.5530 6.5675 ----
Broker Call Rate China (Renminbi)
2.00 2.00 2.00 Euro 1.1902 1.1760 .8402 .8504
Colombia (Peso) .0002733 .0002731 3659.50 3661.70
Bankers Acceptances Croatia (Kuna) .1569588 .1553398 6.37 6.44 Special Drawing Rights (SDR) are based on exchange rates for the U.S.,
1 month 0.12 0.12 1.50 2.00 0.55 Czech. Rep. (Koruna) …… .. …… .. …… .. …… .. British, and Japanese currencies. Source: International Monetary Fund.
a-Russian Central Bank rate. b-government rate. d-rebased as of Jan. 1,
2 months 0.13 0.13 1.51 Commercial rate .04575 .04508 21.857 22.183 2005. y-floating rate.
3 months 0.15 0.15 1.51 Denmark (Krone) .1600 .1581 6.2496 6.3254
6 months 0.20 0.20 1.52 1.20 0.45 EcuadorUS Dollar 1.0000 1.0000 1.0000 1.0000
s Egypt (Pound)-y .0637 .0636 15.7098 15.7288
Euro Libor Rate CBOE Hong Kong (Dollar) .1286 .1286 7.7780 7.7758
1 month -0.576 -0.578 -0.379 Hungary (Forint) .003327 .003257 300.56 306.99
3 months -0.544 -0.550 -0.212
0.40 0.35
A M J J A S O N D J F M A Iceland (Krona) .007844 .007909 127.48 126.44 ARMS INDEX
6 months -0.529 -0.525 -0.139 India (Rupee) .01338 .01363 74.730 73.378
12 months -0.503 -0.499 -0.126 Source: CBOE
Indonesia (Rupiah) .0000687 .0000688 14565 14525
The Arms index, also known as the short term trading index, is a number
Israel (Shekel) .3038 .3002 3.2916 3.3313
Libor Interbank Rate derived by dividing one quotient into another quotient. The numerator in
Japan (Yen) .009118 .009033 109.67 110.71
1 month 0.11 0.11 0.81 the index is the number of advancing stocks divided by the number of
3 months 0.19 0.20 1.22 INVESTOR SENTIMENT READINGS Kazakhstan (Tenge) .002308 .002341 433.36 427.16
declining stocks. As of 3/14/11, the denominator in the index is now the
Kuwait (Dinar) 3.3124 3.3107 .3019 .3021
6 months 0.21 0.20 1.23 High bullish readings in the Consensus stock index or in the .1248 .1248 8.0150 8.0150 compositevolumeofadvancingstocksdividedbythecompositevolumeof
Macau (Pataca)
12 months 0.29 0.28 1.05 Market Vane stock index usually are signs of Market tops; low Malaysia (Ringgit)-b .2418 .2415 4.1350 4.1400 declining stocks.
Foreign Prime Rates ones, market bottoms. Mexico (Peso) …… .. …… .. …… .. …… .. Daily 4/5 4/6 4/7 4/8 4/9
Last 2 Weeks 3 Weeks
Canada 2.45 2.45 2.45 Floating rate .0496 .0492 20.1612 20.3145
Week Ago Ago
Germany 0.00 0.00 0.00 New Zealand (Dollar) .7030 .7031 1.4225 1.4223 NYSE 1.15 .88 .88 1.66 1.16
Japan 1.475 1.475 1.475 Consensus Index Norway (Krone) .1178 .1172 8.4894 8.5340 NYSE American .95 .39 4.31 .69 3.36
Switzerland 0.00 0.00 0.50 Consensus Bullish Sentiment 75% 74% 73% Oman (Rial) 2.5976 2.5968 .3850 .3851 Nasdaq 1.27 .82 .82 .85 1.01
Britain 0.10 0.10 0.10 Pakistan (Rupee) .00655 .00652 152.640 153.460
Source: Consensus Inc., P.O. Box 520526,Independence, Mo.
Historical data available at (816) 373-3700. editor@consensus-inc.com Philippines (Peso) .02060 .02059 48.537 48.557
Other Money Rates Poland (Zloty) .2627 .2559 3.8071 3.9074
Fannie Mae Home Loan: AAII Index Qatar (Rial) .2746 .2746 3.6418 3.6413 BARRON'S GOLD MINING INDEX
30-Year Fixed Conv 2.48 2.55 2.37 Bullish 56.9% 45.8% 50.9% Russia (Ruble)-a .01292 .01308 77.425 76.436
Bearish 20.4 23.2 20.6 12-Month Year Week %
Bank money market-z 0.07 0.08 0.16 Saudi Arabia (Riyal) .2666 .2666 3.7503 3.7504
Neutral 22.7 31.0 28.5 High Low 4/8 4/1 Ago Chg.
Interest Checking-z 0.04 0.04 0.06 Singapore (Dollar) .7454 .7431 1.3415 1.3458
6-Month Certif-z 0.13 0.13 0.29 Source: American Association of Individual Investors, South Africa (Rand) .0685 .0682 14.6067 14.6612 1019.26 528.20 Gold mining 975.08 947.32 528.20 +2.93
12-Month Certif-z 0.18 0.19 0.46 625 N. Michigan Ave., Chicago, Ill. 60611 (312) 280-0170.
30 Month Accounts-z 0.18 0.19 0.50 Market Vane
5-Year Certificates-z 0.32 0.32 0.70 Bullish Consensus 53% 51% 50%
U.S. Savings EE Bonds: FEDERAL RESERVE DATA BANK GOLD & SILVER PRICES
Source: Market Vane, P.O. Box 90490,
Long-Term (5yrs+) 0.10 0.10 0.10 Pasadena, CA 91109 (626) 395-7436. Year
Prev. Year
c-Annualized yields, adjusted for constant maturity, reported by TIM Group Market Sentiment Handy & Harman 4/9 4/2 Ago
Member Bank Latest Week Ago
the Federal Reserve on a weekly average basis. Indicator 48.8% 47.8% 41.3% Gold, troy ounce 1755.50 1726.05 1680.65
Reserve Chgs. (Mil. $) Week Change Change
Sources: Tullett Prebon information, Ltd. Source: TIM Group, 3 Columbus Circle, Suite 1592 Silver, troy ounce 25.49 24.79 15.40
Factset. z-Bankrate.com. New York, NY 10019 (844) 207-1445. timsupport@timgroup.com One week ended Apr 7: Base for pricing gold and silver contents of shipments and for
making refining settlement.
U.S. Gov't securities: Price Premium Premium
Bought outright 7,135,255 + 13,802 +2,162,578 Coins $ %
WEEKLY BOND STATISTICS
Federal agency secur: Krugerrand 1814.28 69.78 4.00
Last Prev. Yr Ago Last Prev. Yr Ago Bought outright 2,347 .... .... Maple Leaf 1831.73 87.23 5.00
Week Week Week Week Week Week Mexican Peso 2111.34 8.00 0.38
Reserve bank credit: Austria Crown 1712.96 3.00 0.18
New Offerings, (mil $) (v) Bond Buyer 20 Bond Index (Index of yields of 20 Primary Credit 761 -180 -42,752 Austria Phil 1831.73 87.23 5.00
Corporate (z) 28,879 r6,342 34,539 general obligation municipal bonds.) U.S. Eagles 1831.73 87.23 5.00
Secondary Credit .... .... ....
Municipal (z) 7,925 r5,567 5,260 2.30 2.34
2.49 Premium is the amount over the value of the gold content in the
Seasonal Credit .... .... ....
Best Grade Bonds-y (Barron's index of 10 high-grade Bond Buyer Municipal Bond Index (Index of 40 coin. Source Manfra, Tordella & Brookes, Inc.
Float -107 + 235 + 87 Bullion spot gold price 1744.50
corporate bonds.) actively-traded tax-exempt bonds; component issues are
Other F.R. Assets 35,244 + 963 + 4,684
1.62 1.53 2.51 changed regularly to keep the index a current picture of the
market. Source: The Bond Buyer Total Fed Credit # 7,656,966 + 14,932 +1,688,928
Interm-Grade Bonds-y (Barron's index of 10 GOLD PERFORMANCE
medium-grade corporate bonds.) 3.49 3.52 3.74 Gold stock 11,041 .... ....

2.85 2.85 4.68 Stock/Bond Yield Gap-s (Difference between yield on SDR Certif. Accounts 5,200 .... .... Yellow Light: Betting the dollar will
highest-grade corporate bonds and yield on stocks on the DJIA.) Treas. Curr. Outst. 50,602 + 14 + 417 weaken, to fund U.S. deficits, gold bugs
Confidence Index (High-grade index divided by inter-
mediate-grade index; decline in latter vs. former generally +.14 +.27 +.28 Total 7,745,100 + 14,999 +1,690,277
lifted prices 2%, to $1,755 an ounce.
indicates rising confidence, pointing to higher stocks.) Yield on DJ Equal Weight US Corp Bond Idx: Currency in circ 2,146,971 + 8,312 + 266,008
56.8 53.9 53.6 Treas. Cash Hldgs 88 -3 -229 140
Corp Bonds, (y) 2.36 2.40 2.94
Other Confidence Indicators: Treas. Fed Deposits 1,010,103 -15,624 + 311,525 Barron's Gold Mining Index (975.08)
v-Week ended Thursday. y-Yield to maturity, week ended Thursday. 120
z-Source: Refinitiv.*Barclays T-Bond Index discontinued by firm. Foreign Fed Deposits 32,308 -158 + 15,548

s
Bloomberg Barclays US Long Treasury*(This Other Fed Deposits 283,446 -21,955 + 51,972 100
index measures the performance of fixed-rate, nominal US
Treasuries with at least 10 years to maturity. Jan. 1, 1973=100.) Other FR liab/cap 47,937 + 1,143 -5,553
ADJUSTABLE MORTGAGE BASE RATES 80
4132.98 4129.41 4883.89 Total factors 3,812,151 -41,788 + 517,780
YOY Reserves F.R. banks 3,932,949 + 56,787 +1,172,498 60
Bloomberg Barclays US Credit (This index Apr 9 Apr 2 Yr. Ago % Chg
includes all publicly issued, fixed-rate, non-convertible, invest- Fgn hold U.S. debt 3,548,935 -2,587 + 232,738 40
1 Year Treas Bills 0.06 0.07 0.15 -60.00
ment-grade, dollar-denominated, SEC-registered corporate 2 Year Treas Notes 0.16 0.14 0.23 -30.43
debt. All issues have at least one year to maturity and outstand- Reserve Aggr (Mil. $) Latest Prev. Month % Year 20
3 Year Treas Notes 0.35 0.31 0.29 20.69
ing par value of at least $250 million. Jan. 1, 1973=0.) (v) 5 Year Treas Notes 0.92 0.84 0.38 142.11 Month Ended February: Month Month Chg. Ago s
0
3260.77 3250.91 3059.76 10 Year Treas Notes 1.72 1.65 0.65 164.62 Total Reserves: 3,345,900 3,153,800 6.09 1,726,900
Handy & Harman Gold Price
Ryan Labs Treasury Index (Index of total return from 20 Year Treas Bds 2.29 2.25 1.08 112.04 Nonborrowed Res 3,292,500 3,101,200 6.17 1,726,900 -20
active Treasury notes and bonds. Dec. 31, 1996=100.) 11th District % Feb 0.408 0.408 0.989 -58.75 Borrowed Reserves 53,476 52,591 1.68 3 M J J A S O N D J F M
FHFA PMMS+ 2.64 2.64 3.63 -27.27
311.21 310.20 334.06 Monetary Base 5,446,900 5,248,000 3.79 3,454,500
Fed annualized yields adjusted for constant maturity.
April 12, 2021 BARRON’S M35

Market Laboratory
Top 5 Insider Purchases by Company in 2021 WEEK'S DIVIDEND PAYMENT WEEK'S EX-DIVIDEND DATES
Number of Number of Avg.
Company Symbol Insiders Shares $ Value Price This list includes payouts on common stocks. This list includes payouts on common stocks.
York Water ...................................................... YORW 15 877 39,030 $ 44.52 NYSE NYSE
Marker Therapeutics ...................................... MRKR 13 54,999,992 96,249,986 $ 1.75 Shaw Communications .078 Quaker Chemical .395
Hamilton Beach Brands ................................. HBB 10 202,652 3,627,471 $ 17.90 Monday BCE Inc .682 Rio Tinto ADR .93 Tuesday Trinity Industries .21 Science Applications Intl .37
Cardinal Health .486 Rio Tinto ADR 3.09 (April 13)
(April 12) Watsco 1.95 SYNNEX .20
Joann .............................................................. JOAN 10 152,550 1,800,035 $ 11.80 Itau Unibanco Holding .003
CI Financial .137 Sempra Energy 1.10 Guess .112
Nacco Industries ............................................ NC 10 43,832 1,051,091 $ 23.98 State Street .52
DTE Energy 1.085 Sonic Automotive Cl A .10 Kadant .25
Watsco B 1.95 Friday
Ecolab .48 Steelcase .10 UBS Group .37 Thursday (April 16)
Tuesday Encompass Health .28 Taiwan Semiconductor .346 Winnebago .12 (April 15) Graco Inc .188
Top 5 Insider Sales by Company in 2021 (April 13) FMC .48 TFI International .23 Acuity Brands .13 Telefonica Brasil ADR .171
GeoPark .021 Franklin Resources .28 UBS Group .37
Wednesday EMCOR Group .13 Saturday
Number of Number of Avg. (April 14)
Company Symbol Insiders Shares $ Value Price Grupo Aval Acciones .025 Granite Construction .13 US Bancorp .42 EOG Resources .412 (April 17)
Abbott Laboratories .45 Foot Locker .20 NONE
ProAssurance .05 KBR Inc .11 Valmont Industries .50
Tradeweb Markets .......................................... TW 18 1,221,167 87,009,078 $ 71.25 AbbVie 1.30 Graham Holdings 1.51
Wheaton PreciousMetals.13 Korn Ferry .10 Friday Accenture Cl A .88 Harmony Gold Mining .073 Sunday
Square ............................................................ SQ 17 1,645,130 377,513,530 $ 229.47
Wednesday Ladder Capital Cl A .20 (April 16) Alamo Group .14 Lloyds Banking Group .032 (April 18)
Carvana .......................................................... CVNA 16 1,272,984 349,976,128 $ 274.93 (April 14)
Leggett & Platt .40 Culp .11 American Financial Grp .50 Luxfer Holdings .125 NONE
Peloton Interactive ......................................... PTON 16 998,527 140,254,851 $ 140.46 Benchmark Electronics .16
Lennox International .77 Curtiss-Wright .17 Arcosa .05 Methode Electronics .11 Monday
Teladoc Health ............................................... TDOC 14 661,885 154,707,670 $ 233.74 Motorola Solutions .71 ESCO Technologies .08 BankUnited .23 Oxford Industries .37 (April 19)
Commercial Metals .12
National Fuel Gas .445 Johnson Controls Intl .27 Buckle .33 PerkinElmer .07 Atlas .125
Illinois Tool Works 1.14
Nutrien .46 Medtronic .58 Compass Diversified .36 Petroleo Brasileiro .286 CNH Industrial .131
STOCK SPLITS/DIVIDENDS Kirkland Lake Gold .188
Occidental Petroleum .01 Regal Beloit .30 Freeport-McMoRan .075 Petroleo Brasileiro A .286 Costamare .10
PermRock Royalty .047 RPM Intl .38 PNC Fincl Svcs 1.15 Stellantis .381
Record Ex-Dividend Payment OFG Bancorp .08 Thermo Fisher Scientific .26
Pioneer Natural Res .56
Company Name-Ticker Symbol (Exchange) Amount Date Date Date Packaging Corp Amer 1.00 Thor Industries .41
SPX FLOW .09
Pembina Pipeline .167 NASDAQ
None Yamana Gold .026
Perspecta .07
Saturday
Thursday Portland General Elect .407
(April 17) Tuesday McGrath RentCorp .435 Schnitzer Steel Inds .188
Norwood Financial .26 Werner Enterprises .10
NONE (April 13)
SPECIAL DIVIDENDS (April 15) Progressive Corp .10
HarborOne Bancorp .05
RGC Resources .185
Saturday
American Vanguard .02 Quanta Services .06 Sunday Thursday
Record Ex-Dividend Payment InterDigital .35 (April 17)
AXIS Capital Holdings .42 Raymond James .39 (April 18)
Company Name-Ticker Symbol (Exchange) Amount Date Date Date BanColombia ADR .071 Republic Services .425 NONE Wednesday (April 15) NONE
Global Water Res .024
Richmond Mutual Bncp-RMBI (NCM ) ............................................... 0.50 4-21 4-20 5-05 (April 14) Sunday
NASDAQ Activision Blizzard .47
Patterson Cos .26
WD-40 .72 (April 18)
DIVIDEND PAYMENT REDUCTIONS Monday Thursday Royal Gold .30 Bel Fuse A .06
Friday NONE
Willis Towers Watson .71 Bel Fuse B .07
Adjusted % Record Ex-Div Payment (April 12) (April 15)
York Water .187 Camden National .36 (April 16) Monday
Company Name-Ticker Symbol (Exchange) Yield Period To From Decrease Date Date Date Hurco Cos .14 BancFirst .34
Ivy High Income Opps Fund-IVH (NYSE) ............ 7.0 M .08 .085 -5.9 % 4-16 4-15 4-30 Kulicke & Soffa Inds .14 Berry (bry) .04 Friday City Holding Co. .58 First United .15 (April 19)
CBTX .13 (April 16) Johnson Outdoors Cl A .21 JOYY ADR .51 NONE
MFS Inc Tr-MIN (NYSE) ....................................... 9.2 M .02708 .02757 -1.8 % 4-14 4-13 4-30 Tuesday Cincinnati Financial .63 Encore Wire .02
Nuveen Credit Strt Inc Fd-JQC (NYSE)................ 15.4 M .0638 .0681 -6.3 % 4-15 4-14 5-03 (April 13) Fanhua ADR .25 First Bancorp .31 NYSE American
First Midwest Bancorp .14 Fifth Third Bancorp .27 Horizon Bancorp .13
Nuveen Ins CA-NXC (NYSE) ................................ 3.0 M .04 .0437 -8.5 % 4-15 4-14 5-03 Great Southern Bancorp .34 Tuesday Thursday Saturday
First Internet Bancorp .06 Interface .01
Nuveen Insured NY Select-NXN (NYSE) ............. 3.2 M .0345 .037 -6.8 % 4-15 4-14 5-03 ICF Intl .14 Franchise Group .375 Limoneira .075 (April 13) (April 15)
(April 17) NONE
Nuveen Select Maturities-NIM (NYSE) ............... 2.7 M .024 .0265 -9.4 % 4-15 4-14 5-03 J & J Snack Foods .575 Fulton Financial .14 Republic Bancorp .308 NONE Caledonia Mining .12 Sunday
Wednesday Guaranty Federal Bancsh .15 Steel Dynamics .26
Wednesday Riley Exploration Perm .28 (April 18)
Herman Miller .188 Trinity Capital .28 NONE
DIVIDEND PAYMENT BOOSTS (April 14)
Ingles Markets Cl A .165 Utd Security Bancshares .11 (April 14) Friday Monday
CVB Financial .18
Adjusted % Record Ex-Div Payment Guaranty Bancshares .20
Keurig Dr Pepper
Kimball Intl Cl B
.15
.09
Saturday NONE (April 16) (April 19)
Company Name-Ticker Symbol (Exchange) Yield Period To From Increase Date Date Date Mondelez Intl Cl A .315 (April 17) NONE Blue Ridge Bankshares .10
Level One Bancorp .06
News Corp Cl A .10 NONE
Bank Of Nova Scotia-BNS (NYSE) ......................... 4.5 Q .715887 .706433 1.3 % 4-06 4-05 4-28 Luminex .10
Bank OZK-OZK (Nasdaq).......................................... 2.8 Q .28 .2775 0.9 4-12 4-09 4-19
News Corp Cl B .10 Monolithic Power Sys .60 Sunday NEW LISTINGS
Omega Flex .28 Pegasystems .03 (April 18)
Caledonia Mining-CMCL (NYSE AMER )................. 3.5 Q .12 .11 9.1 4-16 4-15 4-30 Primoris Services .06 NONE
Constellation Brands A-STZ (NYSE)..................... 1.4 Q .76 .75 1.3 5-04 5-03 5-18 NYSE
Constellation Brands B-STZ.B (NYSE) ................. 1.2 Q .69 .68 1.5 5-04 5-03 5-18 NYSE American None
DE Enhncd Glbl Div Inco-DEX (NYSE) .................. 6.7 M .0586 .0582 0.7 4-23 4-22 4-30 Monday Wednesday Friday
Delaware Grp Div & Income-DDF (NYSE) ............. 6.6 M .0637 .0623 2.2 4-23 4-22 4-30 (April 16) NONE
NYSE American
(April 12) (April 14)
Ellington Financial-EFC (NYSE) ............................. 9.6 M .14 .10 40.0 4-30 4-29 5-25 NONE NONE Saturday None
GFL Environmental-GFL (NYSE) ........................... 0.1 Q .011 .01 10.0 4-19 4-16 4-30 Tuesday Thursday (April 17) NONE
Nasdaq
Glacier Bancorp-GBCI (Nasdaq)............................. 2.1 Q .31 .30 3.3 4-13 4-12 4-22 (April 13) (April 15) Sunday
HarborOne Bancorp-HONE (Nasdaq) .................... 0.9 Q .05 .03 66.7 4-14 4-13 4-28 NONE NONE (April 18) NONE Ace Global Business Acquisition (ACBAU)
HBFuller-FUL (NYSE) ............................................... 1.1 Q .1675 .1625 3.1 4-22 4-21 5-06 CM Life Sciences III (CMLTU)
Hingham Institution Savs-HIFS (Nasdaq)............. 0.7 Q .49 .47 4.3 4-12 4-09 4-21 TRADING SUSPENDED Global SPAC Partners (GLSPU)
Lindsay-LNN (NYSE) ................................................ 0.8 Q .33 .32 3.1 5-14 5-13 5-28 Model Performance Acquisition (MPACU)
MV Oil Trust-MVO (NYSE)........................................ 7.7 Q .21 .11 90.9 4-15 4-14 4-23 NYSE Panacea Acquisition II (PANA)
Nuv Inter Duration Qlty-NIQ (NYSE)...................... 3.5 M .0425 .0395 7.6 4-15 4-14 5-03 HighPoint Resources (HPR) Reneo Pharmaceuticals (RPHM)
Nuveen AMT-Free Mun Value-NUW (NYSE) ........ 2.8 M .039 .0028 1292.9 4-15 4-14 5-03
Phoenix Tree Holdings (DNK) Tio Tech A (TIOAU)
Nuveen CA Muni Value-NCA (NYSE) ..................... 2.8 M .0265 .018 47.2 4-15 4-14 5-03
Nuveen Sel 3-NXR (NYSE) ....................................... 3.2 M .0465 .0435 6.9 4-15 4-14 5-03 Nasdaq UTime (UTME)
NuveenMuniIncoOpp Fd-NMZ (NYSE) ................. 5.3 M .065 .062 4.8 4-15 4-14 5-03 HMS Holdings (HMSY) Virginia National Bankshares (VABK)
Pembina Pipeline-PBA (NYSE)............................... 6.6 M .1674 .167337 0.0 4-23 4-22 5-14 MTS Systems (MTSC)
Principal Real Est Incm-PGZ (NYSE)..................... 7.1 M .0825 .08 3.1 5-14 5-13 5-28 NYSE DATA BANK
Pandion Therapeutics (PAND)
Sabine Royalty Tr UBI-SBR (NYSE)....................... 6.8 M .23794 .21099 12.8 4-15 4-14 4-29
Voya Prime Rate Trust-PPR (NYSE) ...................... 3.5 M .011 .0108 1.9 4-12 4-09 4-22 Pluralsight (PS) Latest Preceding Year-Ago
SMTC (SMTX) Month Month Month

QUARTERLY DOW JONES INDUSTRIAL AVERAGE Synacor (SYNC)

Bond Volume
This table lists the earnings of the Dow Jones Industrial Average component stocks based upon generally accepted (Thous. $) March 0 343 0
accounting principles. Earnings include discontinued and nonrecurring items but exclude extraordinary items and NAME CHANGES
accounting changes as reported by the company and adjusted by the Dow Divisor in effect at quarter-end. The total Security Sales
NYSE
dividends of the component stocks are based upon the record date and adjusted by the Dow Divisor in effect at quar- Customers' margin debt
ter end. The payout ratio is the latest 12-months dividends divided by the latest 12-months earnings. r- Revised to Audacy (AUD), formerly Entercom Communications (ETM)
(Mil $) February 813,680 798,605 545,127
correct Microsofts Q4 earnings released on Jan. 24, 2013. Custom Truck One Source (CTOS), formerly Nesco
Customers' credit balances
Year Quarter Clos. Qtrly % Qtrly 12-Mo. P/E Qtrly 12-Mo. Divs Payout Holdings (NSCO)
Ended Ended Avg. Chg. Chg. Earns Earns Ratio Divs Divs Yield Ratio Finance of America Cos (FOA), formerly Replay Acquisition (Mil $) February 220,840 224,133 163,001
2021 Mar. 31 32981.55 + 2375.07 + 7.76 NA NA NA 151.55 597.23 1.81 NA (RPLA) Free credit bal. cash accounts
2020 Dec. 31 30606.48 + 2824.78 + 10.17 246.80 994.24 30.8 149.13 609.97 1.99 0.6135 (Mil $) February 240,481 241,220 197,716
Nasdaq
Sep. 30 27781.70 + 1968.82 + 7.63 320.09 1035.89 26.8 147.67 r641.79 2.31 r0.6196 Short interest
AST SpaceMobile (ASTS), formerly New Providence
June 30 25812.88 + 3895.72 + 17.77 200.83 1062.98 24.3 152.77 654.60 2.54 0.6158 (Thous. Shs) Mar. 15 12,791,112 12,441,941 17,371,502
Mar. 31 21917.16 —6621.28 —23.20 226.52 1153.85 19.0 164.29 656.96 3.00 0.5694 Acquisition (NPA)
Short interest ratio
2019 Dec. 31 28538.44 + 1621.61 + 6.02 288.45 1289.68 22.1 172.46 642.21 2.25 0.4980 CareCloud (MTBC), formerly MTBC
Innoviz Technologies (INVZ), formerly Collective Growth (d) Mar. 15 2.3 2.3 2.5
Sep. 30 26916.83 + 316.87 + 1.19 347.18 1361.89 19.8 165.08 619.16 2.30 0.4546
(CGRO) (d) For period
June 28 26599.96 + 671.28 + 2.59 291.70 1392.66 19.1 155.13 598.83 2.25 0.4300 r-Revised Source: NYSE. *-Now includes composite trades.
 X W L C 10 11 12 H G R P 4 8 3 F A D 6 7 9 0 I
M36 BARRON’S April 12, 2021

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 GUIDE TO WEALTH APRIL 12, 2021

Diving Into Bitcoin

What You Need to Know Before The Challenge for Advisors Whose Why More Companies Are Jumping
Investing in Cryptocurrencies P. S4 Clients Are Clamoring for Crypto P. S7 On the Bitcoin Bandwagon P. S11
S2
%
Guide to Wealth
GUIDE TO WEALTH
Diving Into Bitcoin
What You Need to Know Before
Investing in Cryptocurrencies P. S4
ILLUSTRATIONS BY
KYLE BEAN
Testing the Waters
Daren Fonda
Bitcoin’s rise is attracting the
attention of mainstream investors.
A look at the opportunities and
risks in what some say could be
a trillion-dollar bubble. . . . . . . . S4
How to Invest
Nicholas Jasinski
Cryptocurrencies aren’t for
everyone, but more and more
advisors are saying that a small
allocation makes sense. Here’s
how to best work this new asset
into a portfolio. . . . . . . . . . . . . . . S7
Companies Dive In
Avi Salzman
Tesla, Square, and MassMutual
are among the companies buying
Bitcoin for their own use, and to
better work with customers. . . S11
Tips From the Pros
Steve Garmhausen
How advisors can incorporate
crypto into their portfolios and
their practices. What the top
advisors have learned. . . . . . . . S13
Barron’s Top Advisor Guide
A guide to select financial advisors
from our four annual rankings . . S15
The Challenge for Advisors Whose
Clients Are Clamoring for Crypto P. S7
BARRON’S
Why Bitcoin Matters,
APRIL 12, 2021
And (Almost) Everything
Investors Need to Know
The world of cryptocurrency has hit a tipping point. It’s no longer a punchline—big corporations, top financial
advisors, and world economists are taking it seriously. Here’s why, and what they’re saying.
Why More Companies Are Jumping
On the Bitcoin Bandwagon P. S11
A
lot has changed since
Barron’s first launched
100 years ago. We’ve
chronicled a lot of
disruption over the
decades—the shocking
new ability to trade
stocks over the phone, for in-
stance, and the introduction of
the “un-American” index fund.
Hindsight teaches us—over
and over again—that what seems
ridiculous, even dangerous, can
quickly become ubiquitous. Scoff-
ing at disruptive technology has
not, historically, worked out well.
And the evolution of cryptocur-
rency, most notably Bitcoin and
the blockchain technology it’s
built on, is perhaps the most dis-
ruptive force to date. And we all
need to pay attention. Could the
$2 trillion asset class be a sign
of speculative excess? Sure. But
ignoring it isn’t a good strategy.
Investors have a big learning
curve. Bitcoin is a technology,
a currency, an inflation hedge,
a noncorrelated asset, an environ-
mental threat, and the harbinger
of a new crypto ecosystem that
will probably change far more
than we can imagine today.
So, where to begin? Right here,
with our Guide to Wealth, a
special section produced by our
Wealth & Asset Management
team. In our cover story, Daren
Fonda provides a global perspec-
tive on the impact of cryptocur-
rency on geopolitics, the global
economy, the markets, and more.
Avi Salzman takes a look at the
myriad ways that Corporate
America has embraced Bitcoin—
why companies are buying it,
how they’re using it, and what
that means for investors.
Nicholas Jasinski makes it
personal—he breaks down how
all investors should think about
working crypto into their port-
folios. Advisors, however, face
challenges incorporating crypto not
only into their portfolios but also
into their practices. Steve Garm-
hausen spoke with several top ad-
visors in late January about the
issues they’ve encountered, what
they’ve learned, and why it’s worth
it. Two months and $20,000 later,
he checked in with them again.
Want even more? Stop by Mar-
ketwatch.com for the Investing in
Crypto event, which continues on
April 14 with a great slate of speak-
ers, such as venture capitalist Tim
Draper and U.S. Senator Cynthia
Lummis (R., Wyo.). You can also
find a replay of the event’s first day,
which featured talks with leaders
in the asset-management, technol-
ogy, and regulatory worlds—in-
cluding Tom Jessop of Fidelity and
SEC Commissioner Hester Peirce.
T
his Guide to Wealth is part
of the Wealth & Asset Man-
agement team’s ongoing
mission to keep investors,
especially advisors, not only cur-
rent but also ahead of the curve.
April 12, 2021
(Barron’s didn’t just discover
crypto; we started covering Bit-
coin in 2013, and it made the cover
in July 2017.) Our aim is to provide
the information you need to stay
sharp about the markets, spot
emerging economic trends and
investing themes, and better com-
municate all of it to clients. That’s
why, in our centennial year, we’re
launching a new online experience
for financial advisors. A few thou-
sand of you have received an invi-
tation to our beta launch; come
May, all advisors are welcome.
Barron’s Advisor will include all
of the great content at Barrons.com,
plus new tools, events, community
forums, newsletters, and additional
content, all created to help financial
advisors better manage their prac-
tice and grow their business. It’s a
free upgrade, so please check it out
and let us know what you think!
You can reach the team at advisor-
.editors@barrons.com, or contact
me directly.
I look forward to hearing from
you. Until then, be well—and
maybe buy a little Bitcoin.
Just for fun.
Beverly Goodman,
Editorial Director, Investing
& Asset Management
April 12, 2021 BARRON’S S3

THE VALUE OF SOUND ADVICE

I AM VINCE LUMIA
Head of Field Management

As we navigate through unprecedented

times, having someone who can help make
objective decisions can be invaluable. Our
Financial Advisors, who have witnessed
varying degrees of complexity for nearly
every scenario, can help investors
implement strategies to manage risk and
stay focused on long-term goals as a new
business cycle emerges.

To watch Vince’s Morgan Stanley Minute

“The Depth of Real Advice,” go to:
morganstanley.com/depthofadvice.

© 2021 Morgan Stanley Smith Barney LLC. Member SIPC. CRC 3024569 04/20
S4 BARRON’S
What to Know
By DAREN FONDA
M
ost of us like
the dollar. It
has lasted for
Before Trying
centuries,
survived two
world wars,
the Great De-
pression, and a siege by inflation. It
works pretty well as a de facto global
To Catch the
currency. Do we really need a purely
digital alternative—one that isn’t
backed by the Federal Reserve, lives
only on a computer network, con-
sumes vast quantities of electricity,
and has no intrinsic value?
Bitcoin Wave
That profile describes Bitcoin,
of course, and it is having a moment.
With Bitcoin’s market value topping
$1 trillion—following a 1,000% surge
in the past year alone—it may be reach-
ing an economic tipping point. Broker-
ages such as Morgan Stanley (ticker:
The cryptocurrency has reached a tipping point that investors can no longer ignore. But MS) say that investors should add it to
plenty of vexing questions remain—including whether the price run-up reflects a bubble. their portfolios. Companies like Tesla
(TSLA) and MassMutual have bought
April 12, 2021
large sums. A few taps on your phone
can plop it in a digital wallet on Pay-
Pal (PYPL), where it can be converted
to cash to make a purchase. If you’d
like to trade it, Square (SQ) and Rob-
inhood will oblige. Bitcoin debit cards
are coming from Visa (V) and Coin-
base Global.
Yet if you’re wondering what
Bitcoin is—and whether you should
own it—you’re not alone. Bitcoin and
other cryptocurrencies aren’t intui-
tively grasped—they’re “mined” from a
digital storage depot and pumped into
circulation through a decentralized
computer network called a blockchain.
Prices for Bitcoin, which sits atop an
expanding crypto ecosystem, may be
rising as retail and institutional inves-
tors snap up relatively thin supplies.
In a climate of fear over inflation and
monetary debasement, proponents say
that Bitcoin will hold its value more
than “fiat” currencies like the dollar,
yen, or euro. Eventually, they argue,
it will live in harmony with paper
currencies in the global economy.
April 12, 2021
While the Bitcoin genie may be out
of the bottle, it’s far from omnipresent.
Obstacles include technological hur-
dles, price instability, taxation policies,
and governments that don’t want a
freewheeling digital token usurping
their monetary policies or financial
regulations. Illicit uses of Bitcoin, in-
cluding money laundering and tax
evasion, abound. Authoritarian gov-
ernments have already cracked down.
China, for instance, has become a
leader in blockchain technology and
mining, but Bitcoin itself poses a
threat: Beijing has banned banks and
other financial firms from transacting
in it, and shut down domestic crypto
exchanges. Beijing is now rolling out a
digital yuan, controlled by its central
bank, partly to try and offset Bitcoin’s
appeal.
Another hurdle for Bitcoin is find-
ing ways to mine it without turning it
into another global smokestack. The
global Bitcoin network now emits 60
million tons of carbon dioxide into the
atmosphere annually, roughly equiva-
lent to countries such as Greece, esti-
mates BofA Securities. Some analysts
argue that most Bitcoin is mined with
clean energy such as wind and solar.
But reporting on Bitcoin energy con-
sumption relies on questionable as-
sumptions about electricity generation
and usage. And as the price rises and
trading volume increases, so does the
environmental toll; BofA estimates
that every $1 billion of inflow into Bit-
coin is like putting 1.2 million cars on
the road (and not the Tesla kind).
Perhaps the most vexing question
is whether it’s a trillion-dollar bubble.
Bitcoin’s market value has pushed it
past that of Mastercard (MA), Home
Depot (HD), and Exxon Mobil (XOM)
combined. Cryptos overall are worth
the entire high-yield bond market, ac-
cording to Morgan Stanley. Yet Bitcoin
acts more like a thinly traded stock
than a liquid large-cap; most of the
Bitcoin that has been mined is owned
by long-term HODLers—or those who
“hold on for dear life”—and doesn’t
actually circulate, and the price may be
inflated by large purchases. Indeed,
95% of all the Bitcoins is controlled
by 2.4% of the accounts, according to
BofA, and 20% of the supply may
be sitting in lost or stranded digital
wallets, according Chainalysis.
“How bubbly is this market? I
think it’s very bubbly,” says Carmen
Reinhart, chief economist of the World
Bank. “It may not take any melodrama
in a thin market to reverse most or all
BARRON’S
The Bubble of the price gains. It’s not like the
Treasury market. We have to expect
Conundrum huge price volatility in Bitcoin.”
Bitcoin acts more Other economists argue that while
like a thinly traded Bitcoin is an innovative technology
stock than a liquid with compelling uses, it lacks any in-
large-cap. trinsic value to support its price. “Bit-
coin is simply a word,” says Willem
95%
of all the Bitcoin
Buiter, the former chief economist for
the European Bank for Reconstruction
and Development. “It’s not something
you can eat or touch, use as a con-
that has been pro- sumer or producer for manufacturing.”
duced is controlled Even gold, the closest analogy, has uses
by 2.4% of the for jewelry and manufacturing. Wor-
accounts. ries about inflation and paper curren-
cies losing value are legitimate, he says,
and investors may want a hedge. “I’m
just arguing that Bitcoin isn’t it. It’s
purely a speculative bubble.”
W
hat is Bitcoin? The story
starts with Satoshi
Nakamoto, a mysterious
figure—or group—who
developed a digital currency that any-
one could send and receive through a
decentralized computer network.
Transactions are validated and re-
corded by independently operated
computers, known as miners, who
compete to solve cryptographic puz-
zles, known as “proof of work” (hence
the term cryptocurrency).
The miner who solves the puzzle
first shares the results across the net-
work. Other miners verify if the solu-
tion is correct, and once a consensus
is reached, transactions are bundled
together in digital “blocks” and added
to an electronic record, or ledger,
called a blockchain, which no one
controls and anyone can see.
In return for running the network,
miners earn newly minted Bitcoin and
a share of transaction fees. The higher
the price, the more profitable mining
can be, depending on electricity costs
and computing power.
To transact in Bitcoin, you’ll need to
open an account through an exchange
or app, and store it in a digital wallet.
Companies like PayPal and Square
have made it a snap to buy through
their apps; Coinbase is another popu-
lar platform for custody and trading.
The beauty of the system, launched
in 2009, arises from a few key features.
One is decentralization: No person or
authority controls the blockchain.
Transactions are recorded only after
all of the computer nodes, operating
independently, prove their validity—
enhancing security over ledgers over-
seen by humans. Indeed, it would take
a massive mining hack to alter the
blockchain, which is improbable but
not impossible. As a peer-to-peer net-
work, the system offers pseudo-ano-
nymity, though transactions and ac-
counts are traceable.
Bitcoin’s scarcity is also a key attrac-
tion. The global supply can never ex-
ceed 21 million Bitcoins, according to
the system’s design. About 18.6 million
have been created through mining. But
the amount of new Bitcoin that’s issued
is designed to halve every four years.
New coins are now minted at a rate of
6.25 every 10 minutes, indicating that
the mint will run dry in the year 2140.
W
hile Bitcoin has kicked
around for more than a
decade, it’s now rapidly
going mainstream. Trad-
ing in Bitcoin futures and related
stocks is gaining momentum as Wall
Street and financial-technology com-
panies invent new ways for investors
to gain exposure. Banks, brokerages,
exchanges, and advisory firms are
building the infrastructure to turn
Bitcoin into an asset like stocks or
bonds, anticipating that it will work its
way into 401(k)s and other retirement
accounts. Fidelity Investments, Van-
Eck, and other fund sponsors are try-
ing to persuade regulators to approve a
Bitcoin exchange-traded fund, follow-
ing Canada’s approval of Bitcoin ETFs.
One of the most anticipated public
To the Moon
Bitwise Asset Management asked
financial advisors to predict where
Bitcoin is headed in five years.
15% 19%
16%
17%
33%
■ $0 - $9,999
■ $10,000 - $24,999
■ $25,000 - $49,999
■ $50,000 - $99,999
■ $100,000+
Source: Bitwise Asset Management
S5
offerings this year is Coinbase. Gear-
ing up to go public in mid-April
through a direct listing, the crypto
exchange may be worth $100 billion,
roughly the combined market value of
the Nasdaq, Cboe Global Market, and
the Intercontinental Exchange, parent
of the New York Stock Exchange.
Bitcoin is also getting votes of legit-
imacy from some influential investors.
Elon Musk bought $1.5 billion for
Tesla’s treasury. Hedge fund icons
Paul Tudor Jones and Stanley Druck-
enmiller have invested. Howard
Marks, co-chairman of Oaktree Capi-
tal Management, wrote recently that
his skepticism about Bitcoin “has not
borne out,” adding that his son
“thankfully owns a meaningful
amount for our family.” A representa-
tive for Oaktree declined to comment.
Whether this will all crash isn’t
known, of course, which may explain
some reticence to discussing it pub-
licly. Indeed, a variety of factors could
take the wind out of Bitcoin.
For one, there’s competition. Bit-
coin is one of thousands of cryptocur-
rencies, many of them “forked” off the
Bitcoin blockchain. Ether, on the
Ethereum network, offers some ad-
vantages. The currency can be pro-
grammed with “smart contracts,”
meaning that transactions between
parties can include conditions: a ship-
ment of goods from China to the U.S.
might cross the ocean at a preset GPS
coordinate, for instance, at which
point the goods may change owner-
ship, along with a chunk of ether.
Central banks are also eying digital
currencies built on blockchain technol-
ogy. China’s move to create a digital
yuan may be the first of several central-
bank digital currencies. CBDCs are
pegged to paper currencies and would
fluctuate with standard exchange rates;
they wouldn’t be a substitute for Bit-
coin and other cryptos that function
independently of central authorities.
But they could compete against cryptos
as a medium of exchange, used for
international money transfers, for
instance, potentially at lower costs.
The Bitcoin network itself is rather
slow, handling just 14,000 transac-
tions per hour, compared with 236
million for Visa’s network, according
to BofA. Efforts are under way to
accelerate Bitcoin processing with
second layers of processing, including
new “lightning” protocols, but it’s still
far behind card networks and auto-
mated clearing houses, or ACHs.
People transact in dollars, yen, and
S6
euros, which are stable, widely ac-
cepted, and woven into the financial
fabric. Bitcoin’s volatility makes it
unsuitable for large-scale purchases
or contracts, and rising transaction
fees create economic friction. Selling
your Bitcoin to buy something may
also be a taxable event, since the Inter-
nal Revenue Service classifies Bitcoin
as property, not a currency.
Its quasi-legality might eventually
be its undoing, says Harvard econo-
mist Kenneth Rogoff, author of The
Curse of Cash. Governments through-
out history have consistently quashed
challenges to their currencies and
monetary policies, he says. Bitcoin
poses a threat because it can also be
used for criminal activity and may be
tough for law enforcement to monitor.
“I view the financial innovation as very
promising,” Rogoff says, “but govern-
ments aren’t going to sit on their hands
forever in the face of methodologies
where transactions can’t easily be
detected.”
Another obstacle, less widely dis-
cussed, may be Bitcoin’s rising envi-
ronmental toll. Bitcoin’s annualized
energy consumption has surged to 135
terawatt hours, doubling in the past
year, according to the Cambridge Bit-
coin Electricity Consumption Index.
That is more electricity than countries
such as Sweden or Ukraine consume
in a year.
Some, or perhaps most, of that elec-
tricity may be generated by renewable
resources such as wind, solar, hydro,
and geothermal activity. Much of the
world’s mining takes place in China
(65%), along with Iceland, Canada,
and other countries with relatively
inexpensive energy. Indeed, renew-
ables account for 73% of the energy
mix in the mining network, according
to CoinShares, a Bitcoin asset manager.
But the math looks fuzzy. In China,
miners migrate seasonally: They set up
shop in regions where hydro is cheap
and plentiful in the summer and then
decamp as the generators produce less,
packing up for places like Inner Mon-
golia, where electricity comes largely
from coal. But how much mining is
actually generated by renewables isn’t
known. “Mining in China is predomi-
nately renewable, but it’s very difficult
to get exact numbers,” says Christo-
pher Bendiksen, head of research at
CoinShares.
Even if mining is relatively green in
China, it’s far less clean in other hubs,
including Kazakhstan and Iran. The
industrial opportunity cost to all of
the energy consumed by Bitcoin isn’t
known—though electricity isn’t en-
tirely fungible across regions. And as
the price rises, the electricity toll does,
too. If the price were to reach $1 mil-
lion, up from $58,000, Bitcoin would
become the world’s fifth-largest carbon
emitter, passing Japan, according to
BofA.
B
itcoin’s proponents don’t view
any of these issues as deal
breakers. For one thing,
crypto momentum is now
self-perpetuating. The higher the price,
the more capital gets pumped into de-
veloping a financial ecosystem that
can handle larger transactions and
broaden the appeal to institutions.
Bitcoin has become the North Star
of the crypto universe, says Citigroup,
which also views it at a tipping point.
Custody services, security, and
liquidity still aren’t close to main-
stream finance, but they’re improving
as firms like BNY Mellon and Fidelity
get involved. Bitcoin exchanges have
become more secure, following several
large-scale hacks and thefts. Over-the-
counter trading desks can handle large
order sizes, while prime brokerages—
used by institutions—are providing
best-execution practices and obtaining
insurance against theft. Derivatives
trading is also flourishing, creating
more liquidity for exposure. The
system is becoming “increasingly
professionalized,” says Citi.
Bitcoin may never become legal
tender—but it could continue working
BARRON’S
Environmental its way into the system, assuming the
financial police can keep tabs on it.
Impact Bank regulators don’t want to stifle
If the price of innovative blockchain technology, say-
Bitcoin were ing in January that banks could partic-
to reach ipate in blockchain networks and use
“stablecoins,” or digital tokens that can
$1 M smooth transfers between crypto and
standard currencies. Stablecoins such
as USD Coin are collateralized at a
it would become 1-to-1 ratio with a standard currency.
the world’s fifth- Some $20 billion in stablecoins are
largest carbon now in circulation.
emitter. Even if Bitcoin doesn’t take off as a
transaction currency, it could gain ap-
peal as an alternative asset. As digital
gold, it may already be pressuring
prices for the real yellow metal. One
way to value Bitcoin is in relation to
the total gold held by the private sector,
which amounts to about $2.5 trillion.
By that measure, one Bitcoin should be
worth $146,000, according to J.P. Mor-
gan, nearly triple the current price.
Proponents argue that Bitcoin
could work better than gold as a hedge
against inflation. Morgan Stanley
wrote recently that a 2.5% position
in crypto could improve portfolio re-
turns. But its benefits hinge on corre-
lations to assets like stocks and bonds.
And its correlation to cyclical assets
appears to be rising as it goes main-
stream, wrote J.P. Morgan.
Rival cryptos could coexist. Inves-
tors could hold Bitcoin as an invest-
Bitcoin-mining ment or inflation hedge, while using
machines line the other, more-stable cryptos as a trans-
shelves at a server
farm in Guizhou, action currency. Ether may be better
China. for transactions as a programmable
April 12, 2021
currency, but it’s less appealing as a
store of value, partly because it’s scar-
city isn’t known. “No one can tell you
how many ether exist, and the
Ethereum network changes all the
time,” says Adam Pokornicky, a Bit-
coin entrepreneur and registered in-
vestment advisor for digital assets.
Even those who say that Bitcoin is
a bubble think it’s likely to stay. The
World Bank’s Reinhart points out that
Bitcoin’s price is being fueled by sev-
eral trends: the search for yield, gov-
ernment stimulus payments, demo-
graphic shifts, and technology. Some
are long-term trends. And while we
might not think of using Bitcoin as a
substitute for the dollar in the U.S., it’s
far more appealing in places like Leba-
non, Nigeria, and Venezuela, which
have unstable currencies, hyperinfla-
tion, or potential for savings to be con-
fiscated. “If you live in a country with
capital controls, where you have un-
certainty about the future of the cur-
rency, that is the heart of the story,”
she says.
Rogoff agrees: “There are always
going to be pockets of the world where
it can be used,” he says, though he
adds that “current valuations go far
beyond those end uses.”
Worried about inflation or the dol-
lar losing value? Some advisors still
say it’s best to avoid Bitcoin. Mike
Klein, an advisor to high-net-worth
clients with Baird, recommends com-
modities, real estate, and the stock
market itself—assets that would gain
value in an inflationary climate. “If
you want an asset that isn’t corre-
lated with anything but speculation,
this is it,” he says.
Indeed, while stocks follow earn-
ings and bonds track interest rates,
Bitcoin’s prices may simply be sup-
ported by the belief that it will one
day give the dollar a strong run. In
other words, there’s no good reason
to buy, unless you think the price is
going up. B
Where is the crypto market heading?
How is Washington responding? What
Gilles Sabrie/The New York Times/Redux
are ways to invest in blockchain tech-
nology? Barron’s and MarketWatch
journalists will explore these topics and
examine how—and whether—to invest in
cryptocurrencies. Join a virtual event
on Wednesday, April 14. Speakers will
include venture capitalist Tim Draper
and Sen. Cynthia Lummis (R., Wyo.).
Sign up for Investing in Crypto at:
events.marketwatch.com/crypto.
April 12, 2021
The Smart
Way to
Wade Into
Bitcoin
Crypto will play a bigger role in client portfolios as its
popularity grows. But diving straight in can be risky.
By NICHOLAS JASINSKI
I
t’s harder than ever to dismiss
Bitcoin as a fad or a fraud, and
even longtime skeptics have
come around to at least a
grudging acknowledgment
that cryptocurrency isn’t go-
ing away. Digital assets are
rapidly entering the mainstream, and
financial advisors are fielding myriad
questions from clients about this rap-
idly growing asset class.
Big-name investors like Paul Tudor
Jones and Stanley Druckenmiller
revealed Bitcoin allocations in 2020,
while institutions including Fidelity
Investments and Morgan Stanley have
made it possible for advisors and
wealth management clients to pur-
chase Bitcoin on their platforms.
But for all the hype, adoption by
professional investors remains in the
early stages. According to a recent Bit-
wise Asset Management survey, about
9% of financial advisors currently have
an allocation to crypto assets in client
portfolios, while 24% said they owned
them in their personal portfolios. Four
in five financial advisors said their cli-
ents asked them about crypto assets in
2020, and 17% said they planned to
invest via client portfolios in 2021.
“We are approaching the tipping
point,” says Ric Edelman, a longtime
advisor who now runs the RIA Digital
Assets Council, a resource for educat-
ing advisors about blockchain tech-
nologies and cryptocurrencies. “In the
past several years, the question was,
‘Why are you investing in Bitcoin?’
The question is now becoming, ‘Why
aren’t you?’ ” Edelman says.
Snappy comebacks aside, there
are many reasons to invest in Bitcoin—
and some reasons not to. The rationale
for investing is the beginning of the
road map for how to approach incor-
porating Bitcoin and other crypto-
currencies into a portfolio.
Some buyers think of Bitcoin as a
venture capital–like bet on an emerging
technology that will transform the way
people pay for goods and services and
transfer money internationally—like
buying an upstart Visa (ticker: V) or
PayPal Holdings (PYPL) in the early
days of the credit-card or digital-pay-
ments boom. Others see it more similar
to inflation-countering “digital gold,”
while some are looking to increase
their portfolio’s diversification with
an uncorrelated asset. Whatever the
reason, a few things to keep in mind are:
BARRON’S
Start small. No matter the rationale
for buying cryptocurrency, starting
with an allocation of 3% or less gets
investors ready to stomach some vola-
tility. Swings of 10% or 20% or more in
the span of a week are hardly uncom-
mon for Bitcoin. For an asset that vola-
tile, it doesn’t take a large allocation to
have a significant impact on a port-
folio’s return. And in a worst-case
scenario, should Bitcoin’s value fall to
zero, an allocation of a few percentage
points won’t ruin the investor or client.
The upside, meanwhile, could be
much, much greater. The return of
more than five million percent since
Bitcoin’s inception in 2009 won’t be
Scouting Out repeated, but bulls’ long-term targets
are still exponentially higher than
The Territory today’s price. Whereas forecasts of
While crypto long-term stock returns are given in
assets are still terms of single- or double-digit per-
fairly rare in centage growth per year, Bitcoin fore-
client portfolios, casts tend to be quoted as a “5x” or
“10x” return.
24%
of financial advi-
IEQ Capital is a California-based
asset manager and financial advisor
with $12 billion in assets under man-
agement. The firm recently started
sors say they own adding a 1% to 3% allocation to Bitcoin
them in their per- for clients who can afford the risk and
sonal portfolios. are comfortable with holding crypto
S7
assets. IEQ now has $80 million in
Bitcoin across all of its portfolios,
which its co-CEO Eric Harrison antic-
ipates will double or triple in the not-
too-distant future.
Harrison is bullish on Bitcoin’s price
continuing to rise as more institutions
and investors adopt the cryptocur-
rency. He notes that total supply is
capped, and that a large proportion
of Bitcoins haven’t been exchanged in
over a year. “The total number of Bit-
coins that actually trade—what you can
consider the float—is a fairly small
number,” Harrison says. “As institu-
tions, corporates, and [money manag-
ers] step up their Bitcoin purchases,
you end up with a supply/demand mis-
match that’s potentially pretty sizable.”
A net inflow of $93 million into
Bitcoin can cause a 1% increase in its
price, according to a BofA Securities
analysis in March. That’s less than
1/20th of the inflow required to move
gold by the same amount.
Institutional acceptance doesn’t
mean there won’t be another crash
in the price of Bitcoin. It’s still a risky
asset with an uncertain future, due to a
bevy of potential pitfalls—not limited
to government regulation or technolog-
ical obsolescence.
S8
Consider its noncorrelation. With-
out cash flows or other fundamentals
to derive value, Bitcoin’s future price
trajectory will remain a topic of debate.
But outside of periods of intense cross-
market stress like in March 2020, its
price should remain uncorrelated to
whatever stocks, bonds, or commodi-
ties are doing. In other words, there’s
a potential portfolio-risk-reducing, and
Sharpe-ratio-increasing, diversifica-
tion benefit to having a Bitcoin alloca-
tion, even if its future returns can’t
match its past trajectory.
Versus the stock market, Bitcoin had
a correlation of just 0.11 from the start
of 2018 through November 2020, ac-
cording to data from Leuthold Group’s
chief investment strategist, Jim
Paulsen. That compares with bonds’
and stocks’ -0.24 correlation and gold’s
and stocks’ 0.31. (1 is a perfectly posi-
tive correlation, -1 is a perfectly inverse
relationship, and 0 means no correla-
tion whatsoever.) Bitcoin also had a
correlation with bonds of under -0.01
in that same period.
Embrace volatility. Bitcoin’s im-
mense volatility has kept many inves-
tors away from crypto assets in gen-
eral, but there’s another way to think
about that volatility.
“Many people look at the volatility
of Bitcoin and think, ‘I don’t want that.’
I disagree,” says Paulsen. “Because it’s
so dramatically volatile, you can ex-
ploit it [by rebalancing often].”
Paulsen and Edelman both advise
having a hard-and-fast rule about
keeping a portfolio’s Bitcoin allocation
on target. Take a portfolio with a target
2% position as an example. When Bit-
coin’s price drops and its weight in the
portfolio falls to 1.5%, an investor
should buy back up to 2%—and like-
wise sell back down to 2% when Bit-
coin rallies and its portfolio weight
rises to 2.5%. As long as Bitcoin’s over-
all trend remains up, it’s a decent strat-
egy to win over the long term. It takes
advantage of the volatility of Bitcoin,
rather than treating it solely as a risk.
The downside is that the strategy may
require trading often, and commissions
could add up.
Investors can also take a dollar-
cost-averaging approach: Rather than
investing the full 2% of their portfolios
in Bitcoin in one trade, build up that
allocation over three, six, or 12 months
to smooth out the volatility that’s
likely to occur over that span.
As the asset class matures, Edel-
man says its volatility will decline. “As
How Advisors Are Approaching Crypto
For all the hype about cryptocurrencies, adoption by professional
investors remains in the early stages. That could soon change.
Do you currently allocate
to crypto in client accounts?
9%
91%
■ Yes
■ No
What is the preferred vehicle
for investing in crypto?
4% 1%
4%
10%
16%
64%
■ Exchange-Traded Fund
■ Direct Ownership of Individual Coins
■ Traditional Mutual Fund
■ Closed-End Fund
■ Private Fund
■ Hedge Fund
there’s greater institutional ownership
of Bitcoin and the price rises, it is rea-
sonable to expect that volatility will be
reduced,” he says. “That is true of any
asset class or emerging investment
you care to look at. Its neophyte ele-
ments will begin to smooth out.”
Choose your products. In the mean-
time, there’s still a logistical hurdle for
advisors looking to get into crypto-
BARRON’S April 12, 2021
and reporting functions—and plans
to add ether, the coin based on Ether-
eum blockchain technology, later this
year. It also recently filed with the Se-
If not, do you plan to allocate to curities and Exchange Commission to
crypto in client accounts in 2021? launch a Bitcoin exchange-traded fund.
“Our core focus is to provide institu-
2% tions with the ability to safely store and
transact digital assets of all types,” says
Tom Jessop, president of Fidelity Digi-
15% 15%
tal Assets. “It’s a very familiar experi-
ence for a traditional institution....Most
of the interest now is on Bitcoin, and
that’s where we started, but our long-
term view is that we’re agnostic as to
28% what the assets are.”
Morgan Stanley recently made
40% Bitcoin funds available to certain
wealth management clients, while
JPMorgan Chase (JPM) is report-
edly planning new crypto-related
■ Definitely Yes services. Bank of New York Mellon
■ Probably Yes (BK) said in February that it would
■ Unsure soon offer custody of Bitcoin and
■ Probably Not other crypto assets for its clients, fol-
■ Definitely Not lowing a similar move by Northern
Trust (NTRS). The soon-to-be-public
cryptocurrency exchange Coinbase
From where would you fund an has also offered a regulated crypto
allocation to crypto in client custodian service for institutional
portfolios? investors since 2018. Many other up-
5% start crypto-only exchanges won’t
meet the compliance and custody
requirements of most advisors.
10% And there are existing over-the-
counter options for advisors whose
mandates allow them to buy assets
17% not listed on traditional exchanges.
51%
Grayscale offers a number of publicly
traded trusts, the two largest being the
Grayscale Bitcoin Trust (GBTC) and
18% the Grayscale Ethereum Trust
(ETHE)—while Bitwise offers a fund
that tracks a basket of the top 10 cryp-
tocurrencies by capitalization, the Bit-
■ Alternatives wise 10 Crypto Index fund (BITW).
■ Equity Those should be available in most
■ Cash brokerage accounts like almost any
■ Commodities other security, with daily liquidity. But
■ Fixed Income their structure resembles mutual
funds more than ETFs, and it’s worth
Source: Bitwise Asset Management noting that Grayscale’s 2% manage-
ment fee on its cryptocurrency trusts
is meaningfully higher than most pas-
asset investing on behalf of their cli- sive vehicles on the market.
ents. Adding Bitcoin to client port- Some advisors can also take on
folios, charging fees on it, and fulfilling crypto exposure via separately man-
back-office record-keeping and tax- aged accounts or turnkey asset man-
reporting requirements isn’t as simple agement programs, while high-net-
as buying a given stock or bond. But worth or accredited investor clients
things are moving in that direction. have a variety of other options avail-
Fidelity was the first major institu- able to them, as well. “There’s really
tion to offer Bitcoin on its platform no reason for an advisor to say, ‘I have
for advisors and money managers— to wait for an ETF,’ ” says Edelman.
supporting custody, trade execution, “Because they don’t anymore.” B
April 12, 2021 BARRON’S S9

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Have dinner with your in-laws
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Grayscale Investments, LLC is a digital currency asset manager and the sponsor of Grayscale Bitcoin Trust (BTC) (“GBTC”). Investments in GBTC are
speculative investments that involve high degrees of risk, including loss of invested funds. Grayscale products are not suitable for any investor that cannot
afford loss of the entire investment. To date, GBTC has not met its investment objective and the Shares quoted on OTCQX have not reflected the value of
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S10 BARRON’S April 12, 2021

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April 12, 2021 BARRON’S
Why
BY AVI SALZMAN
A
year ago, Bitcoin
was just a curiosity
Companies
for many compa-
nies. That’s starting
to change.
More than two
dozen public compa-
Are Buying
nies now own some cryptocurrencies
on their balance sheets. Many more are
starting to offer services to people in-
terested in buying Bitcoin or to compa-
Bitcoin
nies that want to hold it or accept it for
payments. PayPal (ticker: PYPL) made
a particularly big splash last month
when it started allowing some users
to pay at checkout with their crypto
holdings as smoothly as they would
with a Mastercard.
Companies are beginning to see value in owning Helping to push Bitcoin further
crypto as an asset and using it as a currency. into the mainstream have been tradi-
Expect more to jump on board soon. tional Wall Street institutions that are
figuring out how to update their cur-
rent systems to offer the same services
for crypto that they do for cash.
Bank of New York Mellon (BK),
the nation’s oldest bank, announced in
February that it would soon give cus-
tomers the same access to and protec-
tion for cryptocurrencies that they get
for stocks and other assets.
“Our view is that digital assets are
the future; they are here to stay,” says
Mike Demissie, who is leading the
bank’s efforts. The financial “rails”
now being built for cryptocurrencies
will one day be used for other assets,
such as bonds and funds, he predicts.
“The larger trend will continue to
grow, and that’s why we have this
conviction and commitment behind it.”
Because owning Bitcoin directly
comes with security risks, financial
institutions can charge for services,
like custody, that they already provide
for other assets. By developing sys-
tems to help clients hold and trade
S11
cryptocurrencies, they can earn the
same kinds of fees that they do on
other investments—and perhaps more.
Demissie expects that Bank of New
York Mellon may charge a premium to
its traditional custody services when it
launches later this year. “The actual
service fees are yet to be determined,
but I wouldn’t be surprised if they
come in higher because of the risk that
this asset class represents, including
the additional technology require-
ments,” he says.
For these institutions, the roster of
potential corporate clients is growing.
Among the companies that have em-
braced Bitcoin are payments company
Square (SQ) and electric-vehicle
maker Tesla (TSLA), whose chief
financial officer recently took the title
of Master of Coin. Both companies
have purchased Bitcoin for their
corporate treasuries.
Some financial companies are also
buying in directly. Insurance giant
MassMutual—known more for annu-
ities and other less-flashy fare—
announced in December that it had
purchased $100 million worth of Bit-
coin. A spokeswoman called it part of
“our broader strategy to capitalize on
evolving opportunities,” while noting
that the investment makes up just
0.04% of the company’s general
investment account.
The companies with the largest
investments in Bitcoin tend to be
run by people with a personal affin-
ity for cryptocurrencies. Square’s
Jack Dorsey, Tesla’s Elon Musk, and
business-software company Micro-
Strategy’s (MSTR) Michael Saylor
fall into this category. All three com-
panies own substantial amounts of
Bitcoin, and are experimenting with
using it in novel ways.
Tesla now allows people to buy
vehicles directly with Bitcoin. Square,
meanwhile, has an in-house team con-
tributing to an open-source project
designed “to help the entire industry
benefit from the promise of a native
internet currency like Bitcoin, not just
Square,” a representative tells Barron’s.
“The ones that have done it are
companies where the founder or the
S12
CEO is the largest shareholder and
still in charge,” says Michael Venuto,
chief investment officer for Toroso
Investments, which created an
exchange-traded fund called
Amplify Transformational Data
Sharing (BLOK) to track companies
involved in cryptocurrencies and
blockchain technology.
The growing prominence of finan-
cial firms in Bitcoin is reflected in
Toroso’s ETF. About a quarter of its
investments are in financial players
like PayPal; another quarter is in pub-
licly traded Bitcoin miners; about 10%
is invested in companies that make
chips used in crypto mining, like
Nvidia (NVDA) and Taiwan Semi-
conductor Manufacturing (TSM);
and a similar portion is in investment
firms that bet on the wider crypto
ecosystem, such as Galaxy Digital
(GLXY.Canada).
C
orporate America’s embrace
of cryptocurrencies is a
major shift. The original
Bitcoin white paper, which
explained how software known as
blockchains could allow for peer-to-
peer payments, was specifically de-
signed to bypass both corporate and
government gatekeepers. Some of the
companies getting involved today are
exactly the kinds of middlemen that
Bitcoin was supposed to eliminate.
Still, the purist view of Bitcoin has
been supplanted with a more flexible
ethos—and the beginnings of a regula-
tory structure—that has made the
space more welcoming to corporations.
Coming out of the crisis, corpora-
tions that have embraced crypto are
banding together to lobby lawmakers
on future regulations. Fidelity, Square,
and Coinbase Global are part of a new
Crypto Council for Innovation that
launched in early April.
“You’re going to see a great conver-
gence over the course of the next few
years between the cryptocurrency
financial system and the traditional
financial system,” says Zac Prince,
CEO of BlockFi, which sits in the
middle of that convergence.
BlockFi operates like a crypto
bank, paying interest on deposits from
Bitcoin owners and lending it to hedge
funds and family offices. Prince says
that Covid-19 accelerated the shift to
corporate adoption, because financial
institutions “want to see how some-
thing does through an economic shock
of sorts that we have roughly once a
decade.” And crypto “not only did not
Corporate adoption has sped up,
and with it, the price of crypto.
The real test will come in the next
Bitcoin downturn.
die, it’s performed very well.”
There are limits to the corporate
embrace of Bitcoin. Most public com-
panies that own it are crypto-focused,
and aren’t household names. A Gart-
ner survey of 77 financial executives
taken in February found that only 5%
plan to buy it for their treasuries this
year. Another 84% don’t expect to
ever own it on their balance sheets.
And most companies that are incor-
porating it into their business models
are taking baby steps for now. Square
lets users of its Cash App buy and sell
Bitcoin on the Balance Sheet
Several public companies have been buying Bitcoin for their corporate treasuries
Company / Ticker
MicroStrategy / MSTR
Tesla / TSLA
Square / SQ
Marathon Digital Holdings / MARA
Riot Blockchain / RIOT
Sources: Bitcoin Treasuries; Bloomberg
BARRON’S April 12, 2021
for Mastercard (MA), which is simi-
larly planning to allow people to buy
things at stores with their crypto hold-
ings. For people who do so, there’s a
catch: Under Internal Revenue Service
rules, each purchase would be consid-
ered a taxable capital gain if the Bitcoin
has appreciated in value.
D
espite the obstacles, Visa
(V) and Mastercard are
positioning themselves as
major players in the crypto
ecosystem. A true Bitcoin network
would supplant the credit-card net-
works entirely, because people could
transact directly over the internet.
Visa, however, sees many other uses
for cryptocurrencies that will allow it
to play a part. The company has be-
gun allowing crypto-focused compa-
nies to settle payments with Visa us-
ing digital assets rather than having to
convert them into traditional curren-
cies first. It has built widgets that al-
low banks to give customers the op-
tion of buying cryptocurrencies from
their websites. And it has teamed up
with crypto-focused financial firms to
help them issue Visa cards to custom-
ers, and has even backed a credit card
that gives customers rewards in cryp-
tocurrency. Crypto-backed credit-card
customers can then spend their earn-
Bitcoin, but merchants who use Square ings at merchants, who don’t have to
can’t accept it, and it isn’t clear when worry about the tricky part—handling
they will. The company experimented and converting the Bitcoin.
with allowing Bitcoin purchases back “The value of that is merchants
in 2014, but abandoned the project don’t need to upgrade their terminals
when few merchants wanted to use it. and figure out how to integrate with a
A Square spokeswoman says that Bit- blockchain,” says Cuy Sheffield, who
coin’s infrastructure wasn’t ready to leads crypto efforts at Visa.
be used at scale for purchases. Corporate adoption has sped up,
PayPal’s decision to bring crypto and with it, the price of cryptocurren-
directly to the cash register was mon- cies. It has been a virtuous circle,
umental. But the payments will be where corporate adoption has helped
converted into cash before they hit the spur the price, and the rising value
merchants’ accounts. The same goes then persuades more corporations to
jump on board. The real test may
come in the next Bitcoin downturn.
Until then, the parlor game contin-
ues: Who will be next to buy Bitcoin?
“It’s most likely that the ones that
Total Current do it next are going to be other owner-
Market YTD Price Bitcoins Bitcoin Cost Bitcoin operators,” says Toroso’s Venuto. “If
Value (bil) Change Purchased Basis (mil) Value (mil) you think about the most forward-
thinking major corporations in the
$6.3 69% 91,579 $2,226 $5,284
tech space, the ones likely to go next
NurPhoto via Getty Images
644.0 -5 48,000 1,500 2,580 are a Facebook [FB] or an Oracle
[ORCL], more than an Apple
111.4 13 8,027 220 463
[AAPL], right? I mean, if Steve Jobs
4.6 343 5,263 162 304 was still at Apple, it probably would
be done already. Tim Cook is a differ-
4.1 185 1,175 7 68
ent guy; he’s a hired CEO, not a
founder CEO.” B
April 12, 2021 BARRON’S S13

How Advisors Are

By STEVE GARMHAUSEN

T
here are many rea-
sons advisors might
dismiss Bitcoin and

Investing In—And other cryptocurren-

cies. They’re largely
unregulated. To say
they’re volatile is an

Coping With—Crypto
understatement. And the fintech in-
frastructure for accessing, custodying,
reporting, and billing on digital assets
is still in its early stages.
But crypto is here, like it or not.
Investors, having seen Bitcoin’s price
rocket past $61,000 after starting
More and more financial advisors are interested in owning cryptocurrencies for themselves and their clients. 2020 at just $7,300, are asking their
But there are many complicating factors when trying to work them into your practice. What to know. advisors about it—or buying it without
asking them. Financial institutions are
increasingly accommodating Bitcoin:
PayPal will let customers make pur-
chases with it, while Fidelity Invest-
ments now accepts it as loan collateral
for certain customers, lets wealthy
customers access the asset, and is
among many firms with plans to
launch a Bitcoin exchange-traded fund.
Last month, Morgan Stanley and
Goldman Sachs announced that they
will offer cryptocurrency exposure for
their wealthy clients—becoming the
first two big U.S. banks to do so.
In November, Mariner Wealth Ad-
visors became the largest independent
registered investment advisor to offer
access to, and advise on, Bitcoin. “We
know it’s not for every client,” says
Marty Bicknell, CEO of Overland
Park, Kan.–based Mariner, “but we
feel it’s strategic for our advisors to be
educated on the topic and to be able to
help clients with an investment when
it makes sense.”
The bottom line: Cryptocurrencies
such as Litecoin and Ethereum, but
particularly Bitcoin, which dominates
the digital currency market, can’t be
ignored. Even if advisors don’t (or
won’t) advise on them, they need to
recognize that competitors may soon
be doing so—or are already.
Only a small fraction of advisors
allocate to crypto assets, which in-
clude Ripple, Stellar, and many others.
In a 2021 survey of 994 advisors by
Bitwise Asset Management and ETF
Trends, 9% said they did so. Of those
allocating to crypto, 58% are indepen-
dent RIAs. The survey respondents’
top reasons for allocating to crypto
were its low correlation with other
asset classes, cited by 54%, and “high
potential returns,” cited by 38%.
Some of the advisors who provide
guidance on Bitcoin are enthusiasts,
S14
while others are pragmatists. Bicknell
is a little of both. He says he has been
intrigued by Bitcoin because it unites
his passions for innovation, disrup-
tion, and investing. But he also says
that each of the firm’s 350 advisors
had clients ask about it, and many
clients had already invested in it prior
to November. Bicknell wanted to be
sure that those clients had the guid-
ance of an advisor.
Mariner announced a partnership
late last year with Washington, D.C.–
based Eaglebrook Advisors, which
offers Bitcoin and digital-asset sepa-
rately managed accounts. So far, Mari-
ner has trained 30 of its advisors on
crypto. Each advisor must obtain
company approval before putting a
client in the asset.
It’s easy to understand why firms
like Mariner are the exceptions when
it comes to advising on crypto. Bitcoin
debuted in 2009 with virtually no
market value; by December 2017, it
had surged past $19,000. Volatility
has been a constant; by January 2019,
a coin’s value had fallen to $3,400.
On at least two occasions, including
once last year, Bitcoin’s price has
dropped by about half within a matter
of hours. In March, it dropped 16%
within 12 days before perking back up.
Volatility is one reason many advisors
say Bitcoin merits only a low-single-
digit allocation, if any. (Fun fact: The
first documented purchase using Bit-
coin was in 2010, when a Florida soft-
ware programmer bought two pizzas
for 10,000 Bitcoin. Those coins would
now be worth about $580 million.)
‘A Meaningful Impact’
Ric Edelman, founder of the firm that
is now Edelman Financial Engines, the
country’s biggest independent RIA,
says an allocation of 1% is appropriate.
“It will not harm you if it becomes
worthless,” he says. “It will be annoy-
ing, but it won’t be devastating, and it
can have a meaningful impact.”
Edelman Financial Engines doesn’t
allocate to crypto because it uses only
mutual funds and ETFs, and a pure-
play cryptocurrency fund in either
format doesn’t yet exist. Edelman
himself started buying Bitcoin in
2014, and now has more than 1% of
his net worth in cryptocurrencies.
The consensus crypto allocation
ceiling is between 3% and 5%, depend-
ing on a client’s risk profile, says
Adam Blumberg, a co-founder of
Houston-based Interaxis, which pro-
vides crypto education for advisors.
Regulators tend to look skeptically at
alternative allocations above 15%,
notes Blumberg, who closed his RIA
practice this year to focus on Interaxis.
Many advisors are treading care-
fully because of regulatory uncertainty.
Douglas Boneparth, president of $86
million-asset Bone Fide Wealth in New
York, says he started providing educa-
tion on digital currencies five years ago
because clients increasingly requested
it or indicated they wanted to invest, or
joined the firm already owning posi-
tions. Of Boneparth’s 110 client house-
holds, about 20% own some form of
cryptocurrency, mostly Bitcoin.
Boneparth doesn’t recommend
crypto or allocate clients to it, but
when they ask about it, he explains
the different methods of accessing the
asset, its risks and potential benefits,
and how it might fit into a more tradi-
tional portfolio. Boneparth is among
the advisors who say crypto should be
presented to clients as a speculative
asset requiring a lengthy time horizon.
Learning about crypto and script-
ing client conversations, as Boneparth
has, is a key part of the groundwork
many advisors are now laying. One of
those scripted conversations should
be set aside for Bitcoin’s next big price
plunge, Blumberg advises.
Advisors allocating to crypto should
amend their Form ADVs with the SEC,
both to reflect crypto as an offering and,
if necessary, to state that compensation
options include fee-for-service. Incor-
porating crypto into an investment pol-
icy statement can also be a prudent step
for those advising on the asset.
Isaiah Douglass, a partner at $21
million Vincere Wealth Management
in Indianapolis, says he uses the state-
ment to formally lay out the risks. “It
documents that you’ve had the conver-
sation and they’ve signed off,” says
Douglass, who started advising on
Bitcoin last summer. More than a
dozen of Vincere’s approximately 100
households currently own crypto, and
several others are interested, he says.
How to Charge
A central element of advising on Bit-
coin is deciding how to charge for the
service. If a crypto ETF existed, it
would be a simple matter: The crypto
allocation would be held in the same
account as other assets, at the same
custodian. Asset-based charges would
be extracted as usual. Advisors have
been waiting years for such an ETF.
Edelman likes to joke that he expects
approval within 18 months, and that
BARRON’S
Advisors Take he has used this line for five years.
Several applications are pending
On Bitcoin with the Securities and Exchange
Crypto education Commission; the Grayscale Bitcoin
doesn’t stop with Trust (ticker: GBTC) has filed to con-
the investment vert to an ETF, and a handful of asset
process. Incor- managers, including Fidelity and Van-
porating it into Eck, have filed for new Bitcoin ETFs.
your practice Much has been made in the crypto
requires care. community about the fact that SEC
chairman nominee Gary Gensler un-
derstands cryptocurrencies and their
underlying technology well, having
taught about them at MIT. Whether
that will translate into his support for
a Bitcoin ETF remains to be seen.
In the meantime, there are crypto
investing solutions that enable asset
under management, or AUM, fees. But
Marty Bicknell, they’re different from ETFs in that
Mariner they come with higher minimums and
Wealth Advisors management fees. The Eaglebrook
SMA’s management and custody fees
total 1.3%, for example. Alternatively,
advisors can set up crypto accounts
and subaccounts directly with Gemini,
the cryptocurrency exchange, and
charge an AUM fee. “It just takes quite
a bit of work and knowledge to do so
and is an invitation for compliance
Ric Edelman, headaches,” Blumberg cautions.
Edelman As the world waits for a true retail
Financial Engines crypto fund, the Grayscale Bitcoin
Trust has become a popular solution,
with more than $36 billion of assets.
The security consists solely of Bitcoin
and trades over the counter. It carries
a 2% expense ratio and has recently
swung from trading at a large pre-
mium to a significant discount—am-
plifying its risk.
Isaiah Douglass, A more diversified option is Bit-
Vincere Wealth wise Asset Management’s Bitwise 10
Management Crypto Index fund (BITW), which
tracks the 10 largest digital coins, has
a 2.5% expense ratio, and is trading at
a 55% premium to its net asset value.
There are also several crypto-
focused hedge funds, with hefty in-
vestment minimums, high manage-
ment fees, and other hedge fund
drawbacks that can preclude them
Douglas A. from accounts of mass-affluent clients.
Boneparth, In some cases, a fee-for-service
Bone Fide Wealth approach is the only compensation
option. For example, crypto owners
who are concerned about a custodian
being hacked might opt for a “hard
wallet,” the digital equivalent of a com-
bination safe. The fee in such cases can
be calculated based on the time spent
advising on crypto and helping clients
buy and securely hold it.
For Douglass, crypto advisory ser-
vices fit neatly into a monthly plan-
April 12, 2021
ning fee, facilitated by payments soft-
ware AdvicePay. The firm’s monthly
advice fee is tiered based on complex-
ity, and clients with more than
$100,000 in crypto holdings are
placed in the highest tier. Those fees
are charged in addition to a fee based
on assets under management.
Evolving Infrastructure
While advisors have the means to
advise and allocate on crypto, the in-
frastructure certainly has room to
evolve. Among the technical problems
is a lack of unified reporting and anal-
ysis, which makes portfolio manage-
ment difficult, Blumberg says. “If you
are allocated 5% to Bitcoin, and Bit-
coin runs up in value, giving you an
8% allocation, rebalancing to get back
to 5% is difficult and costly,” he says.
“When custodians like Fidelity or
Schwab can custody crypto, or there
are good data highways, some of these
problems will be solved.”
One development to watch: BNY
Mellon, whose Pershing unit is the
RIA industry’s third-largest custo-
dian, announced in February that it’s
creating a digital-asset custody and
administrative platform—but it hasn’t
made clear whether it will accommo-
date financial advisors’ client ac-
counts. “The digital-asset custody
offering will support BNY Mellon’s
diverse client base when the offering
(From Top) Mariner Wealth Advisors; Courtesy of Edelman Financial Engines; Brian Powell; Douglas A. Boneparth
comes to market later this year pend-
ing necessary approvals,” a company
spokeswoman says.
How big will the crypto advice
market become? The potential is prob-
ably limited by regulatory uncertainty
and the extra steps needed by buy,
hold, and integrate the assets into a
portfolio—until the launch of an SEC-
approved, pure-play crypto ETF.
“From a practicality standpoint for
advisors, that’s the golden ticket,”
Boneparth says.
In the Bitwise/ETF Trends survey,
nearly 50% of advisors said the
launch of a Bitcoin ETF would make
them more comfortable allocating to
crypto assets. But some see the merit
of becoming a crypto-advice early
mover. Douglass, for one, is betting on
it, and last summer began asking cli-
ents what they think about Bitcoin.
“If they don’t believe in it, that’s
where the conversation ends,” he says.
“But I want to be sure I talked to them
about it, in case it’s huge in 2025.” B
An earlier version of this story appeared on
Barrons.com in January.
April 12, 2021 BARRON’S S15

SPECIAL ADVERTISING SECTION

ABOUT THIS SECTION

This guide provides readers with expanded details on Barron’s-ranked advisors. Barron’s publishes four individual
advisor rankings each year along with three team- or firm-based rankings. All advisors appearing here are eligible
because they have appeared in a Barron’s wealth-management ranking in the preceding year. Advisors pay a fee to
be listed in this special section, but their participation has no bearing on future rankings.

TOP ADVISOR HOW ARE ADVISORS RANKED?

Advisors who wish to be ranked fill out a comprehensive application about their practice. We verify that data with
the advisors’ firms and with regulatory databases and then we apply our rankings formula to the data to generate a

GUIDE
ranking. The formula features three major categories of calculations: assets, revenue and quality of practice. In each
of those categories we do multiple subcalculations. We have spent more than 15 years perfecting the balance of these
factors to create a consistent and clear benchmark that accounts for the wide range of practice models in the wealth
management industry. This benchmark minimizes bias and human error in our process.

HOW DO I FIND AN ADVISOR?

This section is a reprint of select advisors from Barron’s rankings are meant as a starting point for clients looking for an advisor—a first-pass vetting that can help
our four annual financial advisor rankings. For investors narrow a search. Every advisor will have his or her own approach to investing, financial planning and
more information on them and other ranked other services. Clients are encouraged to approach the search for an advisor the way they would a search for a
advisors, visit barrons.com/guide. doctor—interviewing multiple professionals and getting opinions from multiple third parties.

ALABAMA
Brian Crawford David Stahle Trevor Wilde Jim Berliner Lisa Detanna
Robert Runkle Wells Fargo Advisors Merrill Lynch Wilde Wealth Management Westmount Asset Management Raymond James
Merrill Lynch Tucson Gilbert Group Los Angeles Beverly Hills
Montgomery brian.crawford@wfadvisors. david_stahle@ml.com Scottsdale jberliner@westmount.com lisa.detanna@raymondjames.
robert_runkle@ml.com com (480) 752-6435 trevor@wildewealth.com (310) 556-2502 com
(334) 409-5810 (520) 615-8463 fa.ml.com/sbgroupaz (480) 361-6203 westmount.com (310) 285-4506
fa.ml.com/Robert_Runkle home.wellsfargoadvisors.com/ $3m Typical Account Size wildewealth.com $3.5m Typical Account Size raymondjames.com/
brian.crawford $2,923m Total Assets $0.65m Typical Account Size $3,341m Total Assets globalwealthsolutionsgroup
$1.5m Typical Account Size
$1,338m Total Assets $1.5m Typical Account Size $1,315m Total Assets $5m Typical Account Size
$1,100m Total Assets $3,871m Total Assets
Mark Stein Steven Check
Galvin, Gaustad & Stein CALIFORNIA Check Capital Management
ARIZONA
Joe Di Vito Scottsdale Inc. Fred Fern
RBC Wealth Management mark@ggsadvisors.com Matthew Babrick Costa Mesa Churchill Management Group
Robert Bancroft
Private Client Group (480) 776-1440 First Republic Investment scheck@checkcapital.com Los Angeles
Morgan Stanley Private
Phoenix ggsadvisors.com Management (714) 641-3579 fredafern@
Wealth
Scottsdale joe.divito@rbc.com Los Angeles checkcapital.com churchillmanagement.com
$1.52m Typical Account Size
(602) 381-5340 $428m Total Assets mbabrick@firstrepublic.com $750k Typical Account Size (877) 937-7110
robert.bancroft@
thedivitoconsultinggroup.com (310) 788-3739 $1,038m Total Assets churchillmanagement.com
morganstanleypwm.com
(480) 624-5714 $2m Typical Account Size firstrepublic.com/all-profiles/ $1m Typical Account Size
$529m Total Assets Ruth Transue matthew-babrick $5,540m Total Assets
advisor.morganstanley.com/
Wells Fargo Advisors Randy Conner
bbsg $30m Typical Account Size
Tucson Churchill Management Group
$20m Typical Account Size $3,755m Total Assets
James Marten transuer@wellsfargo.com Los Angeles Philippe Hartl
$1,552m Total Assets Merrill Lynch (520) 529-5932 info@churchillmanagement.com Merrill Lynch Wealth
Phoenix fa.wellsfargoadvisors.com/ Emily Bach (877) 937-7110 Management
james_marten@ml.com ruth-transue The Bach Group at Morgan churchillmanagement.com Century City
Michael Butt
Morgan Stanley (602) 954-5016 Stanley philippe_hartl@ml.com
$2m Typical Account Size $1m Typical Account Size
Scottsdale fa.ml.com/martengroup Orinda (310) 407-3984
$680m Total Assets $5,540m Total Assets
$3.5m Typical Account Size emily.bach@morganstanley.com pwa.ml.com/hartl_team
michael.butt@ms.com
(480) 368-6565 $2,319m Total Assets (925) 253-5322 $45m Typical Account Size
advisor.morganstanley.com/ fa.morganstanley.com/ $5,936m Total Assets
michael.butt thebachgroup

$2.11m Typical Account Size $4m Typical Account Size

$735m Total Assets $1,1165m Total Assets
S16
CALIFORNIA, CONT.
Seth Haye
Morgan Stanley
Westlake Village
seth.haye@morganstanley.com
(805) 494-0215
advisor.morganstanley.com/
the-oaks-group
$3.5m Typical Account Size
$1,345m Total Assets
Richard Jones
Merrill Lynch–Private Wealth Spuds Powell
Mgmt Kayne Anderson Rudnick
Los Angeles Investment Management
Los Angeles
Richardb_jones@ml.com
(310) 407-4925
pwa.ml.com/joneszafarigroup
$50m Typical Account Size
$16,121m Total Assets
Elaine Meyers
J.P. Morgan Securities
San Francisco
elaine.meyers@jpmorgan.com
(415) 315-7801
jpmorgansecurities.com/
elainemeyers
$50m Typical Account Size
$3,250m Total Assets
Greg Onken
J.P. Morgan Securities
San Francisco
greg.onken@jpmorgan.com
(415) 772-3123
jpmorgansecurities.com/
os-group
$15m Typical Account Size
$3,500m Total Assets
George Papadoyannis
Ameriprise Financial Services Management
San Mateo
george.x.papadoyannis@ampf.
com
(650) 593-9170
papadoyannisandassociates.com fa.morganstanley.com/wz
$3m Typical Account Size
$4,400m Total Assets
Laila Pence
Pence Wealth Management
Newport Beach
laila.pence@lpl.com
(949) 660-8777
PenceWealthManagement.com
$2.5m Typical Account Size
$3,184m Total Assets
Darren Pfefferman
Morgan Stanley Private
Wealth
San Diego
darren.a.pfefferman@
morganstanleypwm.com
(858) 597-7754
advisor.morganstanley.com/
the-pfefferman-daluiso-group
$10m Typical Account Size
$2,239m Total Assets
spowell@kayne.com
(310) 282-7945
kayne.com
$8.5m Typical Account Size
$30,216m Total Assets
Frank Reilly
Reilly Financial Advisors
La Mesa
frank.reilly@rfadvisors.com
(800) 682-3237
rfadvisors.com
$2m Typical Account Size
$2,263m Total Assets
Deb Wetherby
Wetherby Asset Management
San Francisco
deb@wetherby.com
(415) 399-9159
wetherby.com
$33.35m Typical Account Size
$5,394m Total Assets
Alan Whitman
Morgan Stanley Wealth
Pasadena
alan.whitman@morganstanley.
com
(626) 405-9313
$5m Typical Account Size
$3,102m Total Assets
Dale Yahnke
Dowling & Yahnke Wealth
Advisors
San Diego
dale.yahnke@dywealth.com
(858) 509-9500
dywealth.com
$4.2m Typical Account Size
$4,674m Total Assets
BARRON’S
SPECIAL ADVERTISING SECTION
Cheryl L. Young
Morgan Stanley
Los Gatos
cheryl.young@morganstanley.
com
(408) 358-0976
fa.morganstanley.com/
youngandassociates
$5m Typical Account Size
$2,482m Total Assets
COLORADO
Mark Brown
Brown & Company
Denver
mbrown@brownandco.com
(303) 863-7112
brownandco.com
$6.2m Typical Account Size
$587m Total Assets
Melissa Corrado Harrison
UBS Financial Services
melissa.harrison@ubs.com
(303) 820-5770
financialservicesinc.ubs.com/
team/corrado-harrison
$25m Typical Account Size
$1,218m Total Assets
Shawn Fowler
Morgan Stanley Private
Wealth
Denver
shawn.fowler@morganstanley.
com
(303) 446-3306
pwm.morganstanley.com/
fowlerbull
$35m Typical Account Size
$6,369m Total Assets
Joseph Janiczek
Janiczek Wealth Management
Denver
cwegner@janiczek.com
(303) 721-7000
janiczek.com
$2.5m Typical Account Size
$686m Total Assets
Wally Obermeyer
Obermeyer Wood Investment
Counsel
Aspen/Denver
wally@obermeyerwood.com
(970) 925-8747
obermeyerwood.com
$3m Typical Account Size
$1,900m Total Assets
April 12, 2021
CONNECTICUT
Harold Trischman Greg Marcus
Peter Chieco Morgan Stanley UBS Financial Services
Morgan Stanley Greenwich Washington, D.C.
Greenwich harold.j.trischman@ gregory.marcus@ubs.com
peter.chieco@morganstanley. morganstanley.com (202) 942-2830
com (203) 625-4824 financialservicesinc.ubs.com/
(203) 625-4897 fa.morganstanley.com/ team/marcushendlerstern/
morganstanleyfa.com/ trischmangroup meetourteam.html
thesoundshoregroup $5m Typical Account Size $30m Typical Account Size
$7m Typical Account Size $2,422m Total Assets $779m Total Assets
$2,301m Total Assets
DELAWARE Marvin McIntyre
David Goodwin Morgan Stanley Private
Merrill Lynch Michael Koppenhaver Wealth
Hartford Merrill Lynch Washington, D.C.
Dover Marvin.mcintyre@
david_goodwin@ml.com
(800) 998-9837 michael_s_koppenhaver@ morganstanleypwm.com
fa.ml.com/goodwin_group ml.com (202) 778-1381
(302) 736-7743 advisor.morganstanley.com/
$7m Typical Account Size cwmg
fa.ml.com/Koppenhaver_
$761m Total Assets
Hawkins_Associates $8.5m Typical Account Size
$2m Typical Account Size $4,156m Total Assets
William Greco $777m Total Assets
UBS Financial Services
Hartford FLORIDA
Kimberlee Orth
william.greco@ubs.com
Ameriprise Financial Richard Altieri
(860) 727-1515
Wilmington Morgan Stanley
ubs.com/team/grecogroup
kimberlee.m.orth@ampf.com Boca Raton
$10m Typical Account Size
(302) 475-5105 richard.altieri@morganstanley.
$3,992m Total Assets
kimberleeorth.com com
$6.45m Typical Account Size (561) 393-1836
Thomas Markey $3,003 Total Assets fa.morganstanley.com/
Morgan Stanley thealtierigroup
Stamford $5m Typical Account Size
Peni Warren
thomas.markey@morganstanley. $1,144 Total Assets
Merrill Lynch
com
Dover
(203) 967-7049
peni_warren@ml.com Louise Armour
fa.morganstanley.com/
(302) 736-7710 J.P. Morgan Securities
themarkeygroup
fa.ml.com/delaware/dover/ Palm Beach Gardens
$5m Typical Account Size
the_warren_group louise.armour@jpmorgan.com
$4,277m Total Assets
$1.5m Typical Account Size (800) 926-6604
jpmorgansecurities.com/armour
$723m Total Assets
Charles J. Noble, III $10m Typical Account Size
Janney Montgomery Scott $4,200m Total Assets
New Haven WASHINGTON, D.C.
noblegroup@janney.com
Michael Freiman Peter Bermont
(203) 784-7401
Morgan Stanley Wealth Raymond James
advisor.janney.com/
Management Coral Gables
noblewealthadvisors
Washington, D.C. peter.bermont@
$6m Typical Account Size
michael.j.freiman@ raymondjames.com
$1,144m Total Assets
morganstanley.com (305) 446-6600
(202) 778-1382 Bermontadvisorygroup.com
teamfreiman.com $15m Typical Account Size
$1.25m Typical Account Size $2,700m Total Assets
$1,735m Total Assets
Participation in this section is only open to advisors who have been listed in our editorial rankings. Advisors
pay a fee to be included in this reprint. Participation in this section has no bearing on the outcome of our
rankings. Assets are tied to the most recent ranking. For more information, visit barrons.com/guide.
April 12, 2021
FLORIDA, CONT.
Ralph Byer
Merrill Lynch
Plantation
Ralph_Byer@ml.com
(954) 916-2816
fa.ml.com/byer_wealth_mgmt
$5.35m Typical Account Size
$663m Total Assets
Adam E. Carlin
Morgan Stanley Private
Wealth
Coral Gables
adam.e.carlin@
morganstanleypwm.com
(305) 476-3302
fa.morganstanley.com/
adam.e.carlin
$20m Typical Account Size
$3,128m Total Assets
Louis Chiavacci
Merrill Private Wealth Mgmt
Coral Gables
louis_chiavacci@ml.com
(305) 774-0501
pwa.ml.com/ChiavacciTeam
$35m Typical Account Size
$3,627m Total Assets
Aimee Cogan
Morgan Stanley
Sarasota
aimee.cogan@morganstanley.
com
(941) 363-8513
advisor.morganstanley.com/
the-bellwether-group
$10m Typical Account Size
$1,153m Total Assets
Stephen Curley
WaterOak Advisors
Winter Park
barrons@wateroak.com
(407) 567-2956
wateroak.com
$12.5m Typical Account Size
$2,152m Total Assets
Don d’Adesky
Raymond James
Boca Raton
don.dadesky@raymondjames.
com
(561) 981-3690
raymondjames.com/
theamericasgroup
$5m Typical Account Size
$4,677m Total Assets
BARRON’S S17
SPECIAL ADVERTISING SECTION
GEORGIA
Erick Ellsweig William King Thomas Moran Tom Kilborn
Merrill Lynch Merrill Lynch Wealth Moran Wealth Mgmt at Wells
Roger Green Merrill Lynch
West Palm Beach Management Fargo Financial Network Green Financial Resources, Northbrook
Erick_Ellsweig@ml.com Vero Beach Naples LLC tom_kilborn@ml.com
(561) 514-4832 william_w_king@ml.com thomas.moran@moranwm.com Duluth (847) 564-7201
fa.ml.com/KMandAssociates (772) 231-9037 (239) 920-4440 gfrappt@rogersgreen.com fa.ml.com/illinois/northbrook/
$3.5m Typical Account Size fa.ml.com/new-york/new-york/ moranwm.com (770) 931-1414 kilborngroup
$1,644m Total Assets the-king-group $5m Typical Account Size rogersgreen.com $4m Typical Account Size
$8m Typical Account Size $3,296m Total Assets $0.22m Typical Account Size $1,092m Total Assets
$1,090m Total Assets $492m Total Assets
John Elwaw
Morgan Stanley Daryn Pingleton Kathleen Roeser
Miami Trent Leyda Merrill Lynch Michael Hines Morgan Stanley
john.elwaw@ms.com Morgan Stanley West Palm Beach Consolidated Planning Chicago
(305) 376-2408 Vero Beach daryn_pingleton@ml.com Corporation kathy.roeser@morganstanley.
morganstanleyfa.com/ Trent.Leyda@MorganStanley. (561) 514-4817 Atlanta com
theelwawcavalierigroup/ com fa.ml.com/florida/west-palm- mhines@cpcadvisors.com (312) 443-6500
groupdetail.htm (772) 234-1805 beach/pingleton_group (404) 892-1995 fa.morganstanley.com/
$10m Typical Account Size advisor.morganstanley.com/ $4m Typical Account Size cpcadvisors.com theroesergroup
$1,536m Total Assets the-leyda-group $1,118m Total Assets $8m Typical Account Size
$2.5m Typical Account Size
$5m Typical Account Size $843m Total Assets $1,645m Total Assets
$1,290m Total Assets
Janet Franco Gordon Scott Pinkerton
Morgan Stanley FourThought Private Wealth David Sheppard
ILLINOIS
Coral Gables Scott Macaione Venice Merrill Lynch
janet.franco.gordon@ WaterOak Advisors scottpinkerton@fourthought. Deer Park
Kyle Chudom
morganstanley.com Winter Park com david_n_sheppard@ml.com
Morgan Stanley
(305) 476-3304 barrons@wateroak.com (866) 209-8557 Oak Brook (847) 550-7878
fa.morganstanley.com/ (407) 567-2956 fourthought.com fa.ml.com/
kyle.chudom@morganstanley.
thegordongroup wateroak.com $5.54m Typical Account Size thorndykesheppardgroup
com
$6.5m Typical Account Size $3m Typical Account Size $1,122m Total Assets (630) 573-9680 $6m Typical Account Size
$905m Total Assets $2,152m Total Assets chudomhayes.com $859m Total Assets
Andrew Schultz $1m Typical Account Size
Trevor Fried Michael McCain Morgan Stanley Private $930m Total Assets Joseph Silich
Morgan Stanley Jacoby Nealon & McCain Wealth Management Morgan Stanley
Fort Lauderdale Wealth Management Group Miami Beach Chicago
Brad DeHond
trevor.fried@morganstanley.com of Wells Fargo Advisors andrew.schultz@ Morgan Stanley Private Joseph.silich@morganstanley.
Naples
(954) 713-8436 morganstanleypwm.com Wealth com
advisor.morganstanley.com/ michael.mccain@wfadvisors. (305) 695-6116 Chicago (312) 443-6200
the-las-olas-group com fa.morganstanley.com/ fa.morganstanley.com/
brad.dehond@
$2m Typical Account Size (239) 254-2206 theschultzgroup thesilichgroup
morganstanleypwm.com
$881m Total Assets jacobynealonmccainwmg.com $10m Typical Account Size $7m Typical Account Size
(312) 453-9111
$10m Typical Account Size $861m Total Assets advisor.morganstanley.com/ $1,079m Total Assets
$2,210m Total Assets moriarity-dehond-mulka
Eric Glasband
Merrill Lynch Michael Silver $40m Typical Account Size Mark Thorndyke
Boca Raton William Merriam Baron Silver Stevens Financial $2,692m Total Assets Merrill Lynch Wealth
eric.glasband@ml.com Merrill Lynch Wealth Advisors Management
(561) 361-3437 Management Boca Raton Chicago
Daniel Fries
fa.ml.com/gs Jacksonville msilver@bssfa.com mark_w_thorndyke@ml.com
Merrill Lynch
$4.7m Typical Account Size william_h_merriam@ml.com (561) 447-1997 Chicago (312) 696-7645
$1,103m Total Assets (904) 218-5931 bssfa.com fa.ml.com/
daniel.fries@ml.com
fa.ml.com/bill_merriam $1m Typical Account Size ThorndykeSheppardGroup
(312) 696-2121
$2m Typical Account Size $722m Total Assets fa.ml.com/illinois/chicago/ $8m Typical Account Size
Keith Jacoby $1,052m Total Assets $1,646m Total Assets
frieswealthmanagement
Jacoby Nealon & McCain
$3m Typical Account Size
Wealth Management Group of
$1,209m Total Assets
Wells Fargo Advisors
Naples
keith.jacoby@
wellsfargoadvisors.com
(239) 254-2220
jacobynealonmccainwmg.com
$10m Typical Account Size Participation in this section is only open to advisors who have been listed in our editorial rankings. Advisors
$2,210m Total Assets pay a fee to be included in this reprint. Participation in this section has no bearing on the outcome of our
rankings. Assets are tied to the most recent ranking. For more information, visit barrons.com/guide.
S18 BARRON’S April 12, 2021

SPECIAL ADVERTISING SECTION

ILLINOIS, CONT. MAINE MASSACHUSETTS

Matt Fryar Barry Garber Raju Pathak
Philip Watson Wells Fargo Advisors Jeremiah Burns Alex. Brown, a division of Charles S. Bean, III Morgan Stanley
Ameriprise Financial Des Moines Morgan Stanley Raymond James Heritage Financial Services Boston
Downers Grove matthew.r.fryar@wellsfargo.com Portland Baltimore Westwood raju.pathak@ms.com
philip.j.watson@ampf.com (515) 245-3120 jeremiah.burns@ Barry.Garber@alexbrown.com cbean@heritagefinancial.net (617) 589-3373
(630) 541-5300 fa.wellsfargoadvisors.com/ morganstanleypwm.com (410) 525-6210 (781) 619-1302 fa.morganstanley.com/
ameripriseadvisors.com/ matthew-fryar (207) 871-7373 alexbrown.com/ heritagefinancial.net pathakgroup
philip.j.watson $5m Typical Account Size advisor.morganstanley.com/ garberwealthmanagementteam $8m Typical Account Size
$3m Typical Account Size
$0.98m Typical Account Size $875m Total Assets jeremiah.burns $15m Typical Account Size $1,601m Total Assets $1,517m Total Assets
$2,290m Total Assets $5m Typical Account Size $3,918m Total Assets

KANSAS
$580m Total Assets Peter Princi
Debra Brede
David Wright Brian Kroneberger D.K. Brede Investment Morgan Stanley Graystone
Merrill Private Wealth Trey Barnes Todd Doolan RBC Wealth Management Management Boston
Management Mariner Wealth Advisors Morgan Stanley Hunt Valley Needham peter.b.princi@msgraystone.com
Chicago Overland Park Portland brian.kroneberger@rbc.com (617) 589-3229
brede@bredeinvestment.com
dave_wright@ml.com trey.barnes@ todd.h.doolan@morganstanley. (410) 316-5454 (781) 444-9367 fa.morganstanley.com/
(312) 325-2620 marinerwealthadvisors.com com thekronebergergroup.com bredeinvestment.com theprincigroup
pwa.ml.com/wrighthudakzabel (913) 387-2734 (207) 771-0812 $3m Typical Account Size $10m Typical Account Size
$2m Typical Account Size
marinerwealthadvisors.com/ advisor.morganstanley.com/ $1,100m Total Assets $6,950m Total Assets
$25m Typical Account Size $1,118m Total Assets
why-us/people/trey-barnes the-doolan-eldredge-group
$2,547m Total Assets
$1.81m Typical Account Size $1.9m Typical Account Size Kent Pearce Kevin Grimes Ira Rapaport
$2,176m Total Assets $423m Total Assets Merrill Lynch Grimes & Company, Inc. New England Private Wealth
INDIANA
Towson Westborough Advisors, LLC
KENTUCKY kent_pearce@ml.com Wellesley
Trent Cowles MARYLAND advisors@grimesco.com
Merrill Lynch (410) 321-4340 (508) 366-3883 ira.rapaport@nepwealth.com
Indianapolis Barry Barlow Patricia Baum fa.ml.com/pearce_group (781) 416-1700
grimesco.com
Merrill Lynch RBC Wealth Management $7m Typical Account Size nepwealth.com
trent_cowles@ml.com $3m Typical Account Size
Louisville Annapolis $1,892m Total Assets $5m Typical Account Size
(317) 624-8451 $3,104m Total Assets
fa.ml.com/cf barry_barlow@ml.com patricia.baum@rbc.com $2,136m Total Assets
(502) 329-5097 (410) 573-6717
$3.2m Typical Account Size Robert Scherer
fa.ml.com/b_barlow baumjackson.com Susan Kaplan
$865m Total Assets Graystone Consulting
$4m Typical Account Size Kaplan Financial Services, Inc. Raj Sharma
$3m Typical Account Size Potomac Merrill - Private Wealth Mgmt
$1,032m Total Assets Newton
$1,756m Total Assets Boston
IOWA robert.s.scherer@msgraystone. susan.kaplan@lpl.com
com (617) 527-1557 raj_sharma@ml.com
Travis Musgrave (301) 279-6403
Jerry Ask Larry Boggs kaplan-financial.com/splash.cfm (617) 946-8030
Jerry K. Ask Investment Merrill Lynch Wells Fargo Advisors graystone.morganstanley.com/ pwa.ml.com/sharma_group
Lexington graystone-consulting- $3.5m Typical Account Size
Services Cumberland $10m Typical Account Size
metropolitan-washington-d-c $2,251m Total Assets
Cedar Rapids travis_musgrave@ml.com larry.d.boggs@wfadvisors.com $7,881m Total Assets
jerry.ask@jkainvest.com (859) 231-5258 (301) 724-2660 $25m Typical Account Size
(319) 395-9230 fa.ml.com/Musgrave fa.wellsfargoadvisors.com/ $10,476m Total Assets Victor T. Livingstone
Morgan Stanley Private Brian Strachan
jkainvest.com $5m Typical Account Size boggs-wealth-management
Wealth Morgan Stanley Private
$0.48m Typical Account Size $828m Total Assets $3m Typical Account Size E. Geoffrey Sella Boston Wealth
$462m Total Assets $1,175m Total Assets SPC Financial, Inc. Boston
Rockville victor.livingstone@
LOUISIANA morganstanleypwm.com brian.s.strachan@
Timothy Finucan Robert Collins esella@spcfinancial.com (617) 478-6500 morganstanleypwm.com
Edward Jones Rick Frayard Collins Investment Group (301) 770-6800 (617) 570-9240
UBS Financial Services spcfinancial.com $25m Typical Account Size pwm.morganstanley.com/
Webster City Bethesda
Lafayette $4,496m Total Assets thestrachangroupsb
timothy.finucan@ robert.collins@ $0.85m Typical Account Size
edwardjones.com rick.frayard@ubs.com collinsinvestmentgroup.com $983m Total Assets $10m Typical Account Size
(515) 832-4155 (337) 593-3600 (301) 915-9630 Peter Noonan $2,975m Total Assets
edwardjones.com/timothy- ubs.com/team/epg collinsinvestmentgroup.com J.P. Morgan Securities
finucan $1.75m Typical Account Size Boston
$2.5m Typical Account Size Mark Winthrop
$0.75m Typical Account Size $2,267m Total Assets $894m Total Assets peter.noonan@jpmorgan.com Winthrop Wealth
$649m Total Assets (617) 654-2318 Westborough
jpmorgansecurities.com/
peternoonan mark.winthrop@
winthropwealth.com
$15m Typical Account Size (508) 836-5500
$2,772m Total Assets winthropwealth.com
$3.5m Typical Account Size
Participation in this section is only open to advisors who have been listed in our editorial rankings. Advisors $1,627m Total Assets
pay a fee to be included in this reprint. Participation in this section has no bearing on the outcome of our
rankings. Assets are tied to the most recent ranking. For more information, visit barrons.com/guide.
April 12, 2021 BARRON’S S19

SPECIAL ADVERTISING SECTION

MICHIGAN MINNESOTA NEBRASKA

James Small Jack Burke John Hudspeth
Jeffrey Fratarcangeli Aaron Howe Jason Dworak UBS Financial Services Merrill Lynch Merrill Lynch Wealth
Fratarcangeli Wealth RBC Wealth Management UBS Financial Services Las Vegas Florham Park Management
Management Wayzata Lincoln jim.small@ubs.com john_j_burke@ml.com Mount Laurel
Birmingham aaron.howe@rbc.com jason.dworak@ubs.com (702) 792-3125 (973) 410-2309 john_r_hudspeth@ml.com
jeffrey.fratarcangeli@wfafinet. (952) 261-3561 (402) 328-2077 financialservicesinc.ubs.com/ fa.ml.com/the_harbor_group (856) 231-5520
com bigwatergroup.com financialservicesinc.ubs.com/ team/jimsmall $7m Typical Account Size fa.ml.com/brownehudspeth
(248) 385-5050 $5m Typical Account Size team/dworakgroup $1.9m Typical Account Size $4,753m Total Assets $3m Typical Account Size
fratarcangeliwealth $797m Total Assets $8m Typical Account Size $1,144m Total Assets $1,194m Total Assets
management.com $1,123m Total Assets Christopher Cook
$8m Typical Account Size NEW HAMPSHIRE Merrill Lynch Elliott Kugel
$2,250m Total Assets Ben Marks
Marks Group Wealth Jim Siemonsma Florham Park Merrill Lynch
Management Mariner Wealth Advisors John Habig c_cook@ml.com Bridgewater
James Kruzan Minnetonka Omaha Morgan Stanley (973) 301-7622 Elliott_M_Kugel@ML.com
Kaydan Wealth Management, Portsmouth fa.ml.com/new-jersey/ (908) 685-3252
ben.marks@marksgroup.com jim.siemonsma@
Inc. (952) 582-6100 marinerwealthadvisors.com john.f.habig@morganstanley. florham-park/gcca fa.ml.com/kugelbriegs
Fenton marksgroup.com (402) 829-3650 com $5m Typical Account Size $2.5m Typical Account Size
jim.kruzan@kaydanwealth.com $2m Typical Account Size marinerwealthadvisors.com (603) 422-8901 $2,150m Total Assets $1,728m Total Assets
(810) 593-1624 morganstanleyfa.com/habig
$1,489m Total Assets $0.97m Typical Account Size
kaydanwealth.com $1,351m Total Assets $1.5m Typical Account Size
Mark Cortazzo Neil McPeak
$1.5m Typical Account Size $453m Total Assets
David A. Olson MACRO Consulting Group Wells Fargo Advisors
$511m Total Assets Parsippany Linwood
The BlackRidge Group at Paul West
Morgan Stanley Carson Wealth P. Kevin O’Brien info@macroconsultinggroup. neil.mcpeak@
David Kudla Rochester Omaha Wells Fargo Advisors com wellsfargoadvisors.com
Mainstay Capital Management david.a.olson@morganstanley. Portsmouth (973) 451-9400 (609) 926-7808
pwest@carsonwealth.com
Grand Blanc com (888) 321-0808 kevin.obrien@ macroconsultinggroup.com mcpeakgroup.wfadv.com
mainstay@mainstaycapital.com (507) 269-7542 carsonwealth.com wellsfargoadvisors.com $2m Typical Account Size $1m Typical Account Size
(866) 444-6246 fa.morganstanley.com/ (603) 334-4032 $795m Total Assets $1,436m Total Assets
$5.4m Typical Account Size
mainstaycapital.com blackridgegroup obrienwmg.com
$4,586m Total Assets
$0.75m Typical Account Size $3.5m Typical Account Size $1.7m Typical Account Size
Mary Deatherage Michael J. Ricca
$3,076m Total Assets $632m Total Assets $438m Total Assets
Morgan Stanley Private Morgan Stanley Wealth
NEVADA
Wealth Management
Leo Stevenson NEW JERSEY Little Falls Florham Park
MISSOURI Deborah Danielson
Merrill Lynch Danielson Financial Group | mary.m.deatherage@ Michael.J.Ricca@morganstanley.
Wyandotte Michael Moeller LPL Bruce Barth morganstanleypwm.com com
Wells Fargo Advisors Las Vegas Merrill Lynch (973) 890-3015 (973) 236-3530
leo_stevenson@ml.com
Chesterfield Short Hills morganstanleyfa.com/ fa.morganstanley.com/ricca_
(734) 324-3826 Deborah@
fa.ml.com/wyandottegroup bruce_g_barth@ml.com thedeatheragegroup weinerman
mike.moeller@wfadvisors.com DanielsonFinancialGroup.com
(636) 530-6111 (702) 734-7000 (973) 564-7740 $10m Typical Account Size $8m Typical Account Size
$1.5m Typical Account Size
themoellergroup.net danielsonfinancialgroup.com/ fa.ml.com/barthgroup $3,210m Total Assets $5,078m Total Assets
$861m Total Assets
$3m Typical Account Size homepage $2m Typical Account Size
$2,020m Total Assets $2m Typical Account Size $1,609m Total Assets
Charles C. Zhang Mark Fendrick Steven Rothman
$694m Total Assets UBS Financial Services UBS Financial Services
Zhang Financial
Portage Francis Bitterly Mount Laurel Red Bank
Kathleen Youngerman
Morgan Stanley Private Randy Garcia Morgan Stanley mark.fendrick@ubs.com steven.rothman@ubs.com
charles.zhang@zhangfinancial.
Wealth The Investment Counsel Red Bank (856) 985-2070 (732) 219-7228
com
(269) 385-5888 Chesterfield Company francis.g.bitterly@ms.com financialservicesinc.ubs.com/ financialservicesinc.ubs.com/
zhangfinancial.com Las Vegas (732) 224-3754 team/fendrickgroup team/rothmangroup
Kathleen.L.Youngerman@
morganstanleypwm.com rgarcia@iccnv.com fa.morganstanley.com/ $4m Typical Account Size $1.2m Typical Account Size
$2m Typical Account Size
(314) 889-4862 (702) 871-8510 francisbitterly $1,101m Total Assets $517m Total Assets
$3,638m Total Assets
pwm.morganstanley.com/ iccnv.com $2.8m Typical Account Size
harmonyfamilyoffice $4.8m Typical Account Size $604m Total Assets
Reed Finney Ken Schapiro
$20m Typical Account Size $1,356m Total Assets The Bleakley Financial Group Condor Capital Management
$405m Total Assets David Briegs Fairfield Martinsville
Merrill Lynch Reed.Finney@bleakley.com info@condorcapital.com
Bridgewater (973) 244-4210 (732) 356-7323
David_Briegs@ml.com bleakley.com condorcapital.com
(908) 685-3203 $1.3m Typical Account Size $1.75m Typical Account Size
fa.ml.com/kugelbriegs $585m Total Assets $1,204m Total Assets
Participation in this section is only open to advisors who have been listed in our editorial rankings. Advisors $2.5m Typical Account Size
pay a fee to be included in this reprint. Participation in this section has no bearing on the outcome of our $1,728m Total Assets
rankings. Assets are tied to the most recent ranking. For more information, visit barrons.com/guide.
S20 BARRON’S April 12, 2021

SPECIAL ADVERTISING SECTION

NEW JERSEY, CONT.

Neil Canell Jason Katz Leo Marzen Lyon Polk Robert Stolar
J.P. Morgan Securities UBS Financial Services Bridgewater Advisors Morgan Stanley Private Morgan Stanley Private
Andy Schwartz
New York New York New York Wealth Wealth
Bleakley Financial Group
neil.canell@jpmorgan.com jason.m.katz@ubs.com lmarzen@bridgewateradv.com New York New York
Fairfield
(212) 272-0777 (212) 713-9201 (212) 221-5300 lyon.polk@morganstanleypwm. robert.stolar@morganstanley.
andy.schwartz@bleakley.com
jpmorgansecurities.com/ ubs.com/team/katz bridgewateradv.com/team/ com com
(973) 244-4202
canellgroup $5m Typical Account Size leo-marzen (212) 761-0867 (212) 761-8138
bleakley.com
$15m Typical Account Size $3,384m Total Assets $5m Typical Account Size pwm.morganstanley.com/ advisor.morganstanley.com/
$2.5m Typical Account Size polkwealthmanagementgroup family-wealth-group
$3,300m Total Assets $1,550m Total Assets
$1,922m Total Assets
$50m Typical Account Size $50m Typical Account Size
Gerard Klingman $27,847m Total Assets $3,150m Total Assets
Greg DelMonte Klingman & Associates Justin McCarthy
Anthony Valente
Stifel New York Mariner Wealth Advisors
Morgan Stanley
New York gklingman@klingmanria.com New York Emily Rubin Michael Taggart
Shrewsbury
gregory.delmonte@stifel.com (212) 867-7647 justin.mccarthy@ UBS Financial Services J.P. Morgan Securities
anthony.valente@morganstanley. New York New York
(212) 328-1645 klingmanria.com marinerwealthadvisors.com
com
delmonte-group.com $10m Typical Account Size (212) 869-5900 emily.rubin@ubs.com michael.taggart@jpmorgan.com
(732) 389-5124
$1m Typical Account Size $2,565m Total Assets marinerwealthadvisors.com (212) 333-8920 (212) 272-2044
advisor.morganstanley.com/
$1,590m Total Assets $2.87m Typical Account Size financialservicesinc.ubs.com/ jpmorgansecurities.com/
anthony.valente
$1,492m Total Assets team/kramerfinancialgroup taggartgroup
$0.75m Typical Account Size Jonathan Kuttin $10m Typical Account Size $10m Typical Account Size
$2,252m Total Assets Anthony Dertouzos Kuttin Wealth Management $2,188m Total Assets $900m Total Assets
Morgan Stanley Hauppauge Ed Moldaver
New York jonathan.s.kuttin@ampf.com Stifel
David S. Weinerman
anthony.dertouzos@ (631) 770-0335 New York Shawn Rubin Ron Vinder
Morgan Stanley Wealth
morganstanleypwm.com ameripriseadvisors.com/team/ ed.moldaver@stifel.com Morgan Stanley PWM Morgan Stanley Private
Management
(212) 761-8565 kuttin-wealth-management (212) 328-1677 New York Wealth
Florham Park
pwm.morganstanley.com/ moldaverlee.com shawn.rubin@ New York
David.S.Weinerman@ $1m Typical Account Size
magellangroup $2,913 Team Assets $10m Typical Account Size morganstanleypwm.com ron.vinder@
morganstanley.com
$20m Typical Account Size $6,600m Total Assets (212) 893-6322 morganstanleypwm.com
(973) 236-3529
$3,876m Total Assets pwm.morganstanley.com/ (212) 503-2365
fa.morganstanley.com/ricca_
Joshua Malkin abacusgroup advisor.morganstanley.com/
weinerman
Morgan Stanley Private Deborah Montaperto $10m Typical Account Size the-vinder-group
$8m Typical Account Size R. Christopher Errico Wealth Morgan Stanley Private $3,371m Total Assets $50m Typical Account Size
$5,086m Total Assets UBS Private Wealth New York Wealth $9,760m Total Assets
Management joshua.d.malkin@ New York
New York morganstanleypwm.com deborah.d.montaperto@ Richard Saperstein
NEW YORK
christopher.errico@ubs.com (212) 893-6530 morganstanleypwm.com Treasury Partners Elizabeth Weikes
(212) 821-7150 pwm.morganstanley.com/ (212) 761-8934 New York J.P. Morgan Securities
Lewis Altfest
financialservicesinc.ubs.com/ themalkingroup pwm.morganstanley.com/ rsaperstein@treasurypartners. New York
Altfest Personal Wealth
Management team/erricopartners/ $10m Typical Account Size polkwealthmanagementgroup com elizabeth.weikes@jpmorgan.com
New York meetourteam.html $2,370m Total Assets $50m Typical Account Size (917) 286-2777 (212) 272-9214
$10m Typical Account Size $28,339m Total Assets treasurypartners.com jpmorgansecurities.com/weikes
inquiry@altfest.com
(212) 406-0850 $2,392m Total Assets $25m Typical Account Size $25m Typical Account Size
Ira Mark $19,736m Total Assets $3,757m Total Assets
altfest.com RBC Wealth Management John Olson
$2m Typical Account Size Marc Fischer New York Merrill Lynch Wealth
$1,383m Total Assets Graystone Consulting ira.mark@rbc.com Management Evan Steinberg Richard Zinman
Rochester (212) 703-6033 New York Morgan Stanley Morgan Stanley
marc.r.fischer@msgraystone. themark-bergergroup.com john_olson@ml.com New York New York
Jay Canell
J.P. Morgan Securities com $10m Typical Account Size (212) 303-4010 evan.steinberg@ richard.zinman@
New York (585) 389-2271 $3,300m Total Assets fa.ml.com/new-york/new-york/ morganstanleypwm.com morganstanleypwm.com
morganstanleygc.com/ftc theolsongroup (212) 893-7501 (212) 761-8451
Jay.canell@jpmorgan.com
$40m Typical Account Size $8m Typical Account Size morganstanleypwa.com/sfgroup morganstanleypwa.com/
(212) 272-0888 Frank Marzano
$2,963m Total Assets $1,947m Total Assets $8m Typical Account Size magellangroup
jpmorgansecurities.com/ GM Advisory Group
canellgroup $3,753m Total Assets $20m Typical Account Size
Melville $3,876m Total Assets
$15m Typical Account Size fmarzano@gmadvisorygroup. Geri Eisenman Pell
$3,800m Total Assets com Pell Wealth Partners
(631) 227-3900 Rye Brook
gmadvisorygroup.com geri.e.pell@ampf.com
$20m Typical Account Size (914) 253-8800
$3,861m Total Assets ameripriseadvisors.com/team/
pell-wealth-partners
Participation in this section is only open to advisors who have been listed in our editorial rankings. Advisors $2.5m Typical Account Size
pay a fee to be included in this reprint. Participation in this section has no bearing on the outcome of our $1,338m Total Assets
rankings. Assets are tied to the most recent ranking. For more information, visit barrons.com/guide.
April 12, 2021 BARRON’S S21

SPECIAL ADVERTISING SECTION

NORTH CAROLINA OKLAHOMA

Valerie Newell Michael Henley Peter Sargent Matthew Young
Mike Absher Mariner Wealth Advisors Steve Jelley Brandywine Oak Private Janney Montgomery Scott Richard C. Young & Co.
Absher Wealth Management Cincinnati Merrill Lynch Wealth Wealth Yardley Newport
Chapel Hill valerie.newell@ Management Kennett Square psargent@janney.com info@younginvestments.com
mike@absherwealth.com marinerwealthadvisors.com Tulsa mhenley@brandywineoak.com (267) 685-4205 (401) 849-2137
(919) 283-2340 (513) 618-3040 steve_jelley@ml.com (484) 785-0040 sargentwealthmanagement.com younginvestments.com
absherwealth.com marinerwealthadvisors.com (918) 496-7407 brandywineoak.com $2m Typical Account Size $1.7m Typical Account Size
$1.5m Typical Account Size $3m Typical Account Size fa.ml.com/CJU_Associates $2.5m Typical Account Size $673m Total Assets $1,163m Total Assets
$474m Total Assets $3,708m Total Assets $4.5m Typical Account Size $961m Total Assets
$952m Total Assets Craig B. Schwartz SOUTH CAROLINA
Mike Bell Thomas Robertson Michael Hirthler Wells Fargo Advisors
Edward Jones Graystone Consulting Jana Shoulders Jacobi Capital Management Philadelphia Ronnie Dennis
Hickory Columbus Mariner Wealth Advisors Wilkes-Barre craig.schwartz@wfadvisors.com Merrill Lynch
thomas.g.robertson@ Tulsa mhirthler@jacobicapital.com (215) 636-1480 Columbia
mike.bell@edwardjones.com
(828) 328-8111 morganstanley.com jana.shoulders@ (570) 826-1801 signaturecapital.wfadv.com/ ronnie_dennis@ml.com
(614) 460-2754 marinerwealthadvisors.com jacobicapital.com Craig-Schwartz.e114918.htm (803) 733-2180
$0.8m Typical Account Size graystone.morganstanley.com/ (918) 991-6910 $3m Typical Account Size $2.5m Typical Account Size fa.ml.com/ek
$447m Total Assets graystone-consulting-the- marinerwealthadvisors.com/ $1,403m Total Assets $969m Total Assets $20m Typical Account Size
robertson-group why-us/people/jana-shoulders $5,366m Total Assets
R. Neil Stikeleather $2.5m Typical Account Size $3.05m Typical Account Size
Bank of America Merrill $4,380m Total Assets Barbara Hudock John Solis-Cohen
$1,995m Total Assets Hudock Capital Group Wells Fargo Advisors Richard Migliore
Lynch
Charlotte Williamsport Jenkintown Merrill Lynch
Daniel Roe bhudock@hudockcapital.com john.solis-cohen@wfadvisors. Columbia
neil.stikeleather@ml.com OREGON
Budros, Ruhlin & Roe (570) 326-9500 com richard_migliore@ml.com
(704) 705-3233 Columbus
fa.ml.com/ Judith McGee hudockcapital.com (215) 572-4276 (803) 733-2126
stikeleatherandassociates droe@b-r-r.com Raymond James Financial $1m Typical Account Size home.wellsfargoadvisors.com/ fa.ml.com/ek
(614) 481-6900 Services $585m Total Assets john.solis-cohen” $10m Typical Account Size
$0.75m Typical Account Size B-R-R.com Portland $5m Typical Account Size $5,366m Total Assets
$535m Total Assets
$5m Typical Account Size judith.mcgee@raymondjames. $1,543m Total Assets
$2,850m Total Assets James Meredith
com
Hefren-Tillotson TENNESSEE
OHIO (503) 597-2222
Pittsburgh Rob Thomas
mcgeewm.com
David Singer MeredithGroup@hefren.com Mariner Wealth Advisors Jeff Dobyns
Randy Carver $1m Typical Account Size
The Evelo/Singer/Sullivan (412) 633-1986 State College Southwestern Investment
Raymond James $769m Total Assets
Group Merrill Private Wealth Hefren.com/meredith-group rob.thomas@ Group
Mentor
Cincinnati marinerwealthadvisors.com Franklin
randy.carver@raymondjames. $2m Typical Account Size
david_singer@ml.com PENNSYLVANIA $1,924m Total Assets (814) 867-2050 jeff.dobyns@
com
(513) 579-3889 marinerwealthadvisors.com/ swinvestmentgroup.com
(440) 974-0808
pwa.ml.com/evelosingersullivan Patti Brennan why-us/people/rob-thomas (615) 861-6102
carverfinancialservices.com
$15m Typical Account Size Key Financial, Inc. J Douglas Moran $0.18m Typical Account Size swinvestmentgroup.com
$1m Typical Account Size Merrill Lynch Wealth
$3,800m Total Assets West Chester $5,111m Total Assets $3m Typical Account Size
$1,760m Total Assets Management
pbrennan@keyfinancialinc.com Wayne $3,984m Total Assets
Linnell Sullivan (610) 429-9050
Charles Dankworth jdouglas_moran@ml.com RHODE ISLAND
The Evelo/Singer/Sullivan keyfinancialinc.com
UBS Financial Services (610) 687-7925 Christi Edwards
Group Merrill Private Wealth $2m Typical Account Size fa.ml.com/JDM Malcolm Makin Morgan Stanley
New Albany
Cincinnati $1,336m Total Assets Raymond James Nashville
charles.dankworth@ubs.com $3.2m Typical Account Size
linnell_sullivan@ml.com Westerly christi.edwards@morganstanley.
(614) 939-2202 $629m Total Assets
(513) 579-3890 William H. Brown, Jr. mmakin@ppgadvisors.com com
ubs.com/team/
pwa.ml.com/evelosingersullivan Merrill Lynch (401) 596-2800 (615) 298-6554
theonecolumbusgroup
$7.5m Typical Account Size Sewickley John J. Parker, Sr. ppgadvisors.com advisor.morganstanley.com/
$6m Typical Account Size Wells Fargo Advisors
$1,900m Total Assets william_brownjr@ml.com $1.5m Typical Account Size the-edwards-pharris-group
$1,116m Total Assets Philadelphia
(412) 749-7912 $1,423m Total Assets $4m Typical Account Size
fa.ml.com/ john.j.parker@wfadvisors.com $1,045m Total Assets
thebrownhurrayplantzgroup (215) 564-8487
ppwmg.com David Reiser
$4m Typical Account Size J.P. Morgan Securities
$1,188m Total Assets $5m Typical Account Size
Providence
$1,770m Total Assets
david.reiser@jpmorgan.com
(203) 722-9900
jpmorgansecurities.com/
reiserwmgroup
Participation in this section is only open to advisors who have been listed in our editorial rankings. Advisors $2m Typical Account Size
pay a fee to be included in this reprint. Participation in this section has no bearing on the outcome of our $438m Total Assets
rankings. Assets are tied to the most recent ranking. For more information, visit barrons.com/guide.
S22 BARRON’S April 12, 2021

SPECIAL ADVERTISING SECTION

TENNESSEE, CONT.
Ira Kravitz Darrell Pennington Tristan Caudron Joseph Montgomery Michael Matthews
UBS Financial Services Pennington Wealth Caudron Megary Blackburn The Optimal Service Group of UBS Private Wealth
Malcolm Liles
Plano Management Wealth Management Group of Wells Fargo Advisors Management
Baird
ira.kravitz@ubs.com Houston Wells Fargo Advisors Williamsburg Bellevue
Nashville
(469) 440-0547 darrell.r.pennington@ampf.com Alexandria joe.montgomery@ m.matthews@ubs.com
mliles@rwbaird.com
financialservicesinc.ubs.com/ (713) 332-4422 tristan.caudron@wfadvisors. wellsfargoadvisors.com (425) 451-2350
(615) 341-7015
team/kravitzgroup penningtonwealth.com com (757) 220-1782 ubs.com/team/
lilesgroup.com
$5m Typical Account Size $1.5m Typical Account Size (703) 739-4545 optimalservicegroup.com thematthewsgroup
$4m Typical Account Size CaudronMegaryBlackburn.com
$917m Total Assets $1,311m Total Assets $7m Typical Account Size $5m Typical Account Size
$1,349m Total Assets
$1.8m Typical Account Size $17,355m Total Assets $1,559m Total Assets
$1,828m Total Assets
Alexander Ladage Richard Piatas
Jason Pharris
UBS Financial Services Merrill Lynch Wealth Ryan Sprowls Erin Scannell
Morgan Stanley
Austin Management Simon Hamilton Alexandria Wealth Ameriprise Financial
Nashville
alex.ladage@ubs.com Frisco Baird Management Group of Mercer Island
Jason.Pharris@MorganStanley. Reston Wells Fargo Advisors
(512) 479-5287 richard.piatas@ml.com erin.j.scannell@ampf.com
com Alexandria
financialservicesinc.ubs.com/fa/ (940) 297-6990 gssmith@rwbaird.com (425) 709-2345
(615) 298-6555
alexladage fa.ml.com/texas/frisco/ (571) 203-1600 ryan.sprowls@ heritage-wealth.com
fa.morganstanley.com/
$10m Typical Account Size thepiatasgroup thewiseinvestorgroup.com wellsfargoadvisors.com $2m Typical Account Size
theedwardspharrisgroup
$1,436m Total Assets $1m Typical Account Size $1.4m Typical Account Size (703) 739-1439 $2,870m Total Assets
$4m Typical Account Size AlexandriaWMG.com
$3,199m Total Assets $2,368m Total Assets
$1,064m Total Assets
$2m Typical Account Size
Tommy McBride $1,388m Total Assets WISCONSIN
Merrill Lynch R. Scot Smith Susan Kim
TEXAS
Dallas Morgan Stanley Ameriprise Financial Andrew Burish
thomas_mcbride@ml.com Dallas Vienna WASHINGTON UBS Financial Services
Richard Ashcroft
(214) 750-2004 scot.smith@morganstanley.com soo.m.kim@ampf.com Madison
Baird
fa.ml.com/mcbride (214) 696-7064 (703) 226-2300 Shari Burns andrew.burish@ubs.com
Houston
fa.morganstanley.com/scot. ameripriseadvisors.com/ United Capital Seattle, a (608) 831-4282
Rashcroft@rwbaird.com $7.5m Typical Account Size
smith soo.m.kim Goldman Sachs Company ubs.com/team/burishgroup
(713) 973-3800 $1,593m Total Assets
Seattle
bairdretirementmanagement. $3m Typical Account Size $1.5m Typical Account Size $2m Typical Account Size
$892m Total Assets $1,581m Total Assets pfm.seattle@gs.com $3,591m Total Assets
com/the-ashcroft-pesek-group John Merrill (206) 583-8300
$4m Typical Account Size Tanglewood Total Wealth goldmanpfm.com/seattle
$2,000m Total Assets Management Scott Tiras Jeff LeClair Michael Smith
$5.2m Typical Account Size
Houston Tiras Wealth Management Wells Fargo Advisors Michael Smith & Associates
$1,718m Total Assets
Bonner Barnes jmerrill@tanglewoodwealth.com Houston McLean Stevens Point
Corda Investment (713) 840-8880 scott.b.tiras@ampf.com jeff.leclair@wellsfargo.com michael.e.smith@ampf.com
tanglewoodwealth.com (713) 332-4400 (703) 582-6440 Randall Linde (715) 341-6657
Management
tiraswealth.com leclairlemlihapproach.com AGP Wealth Advisors ameripriseadvisors.com/team/
Houston $2.5m Typical Account Size
Renton michael-smith-associates
bonner@cordamanagement.com $1,129m Total Assets $4m Typical Account Size $10m Typical Account Size
$2,270m Total Assets $1,477m Total Assets randall.s.linde@ampf.com $0.85m Typical Account Size
(713) 439-0665
(425) 228-1000 $583m Total Assets
cordamanagement.com Nelson Murray agpwealthadvisors.com
$0.85m Typical Account Size Morgan Stanley VIRGINIA Hanane Lemlih
$0.88m Typical Account Size
$1,160m Total Assets Houston Wells Fargo Advisors
$2,969m Total Assets
nelson.murray@morganstanley. Stephan Cassaday McLean
com Cassaday & Company hanane.lemlih@wellsfargo.com
Carl Fuhrmann III
(713) 966-2135 McLean (202) 957-9095 Michael D. Maroni
Merrill Lynch Wealth
advisor.morganstanley.com/ steve@cassaday.com leclairlemlihapproach.com Merrill Lynch
Management
nelson.murray (703) 506-8200 Seattle
San Antonio $10m Typical Account Size
$4m Typical Account Size cassaday.com $1,477m Total Assets Mike_maroni@ml.com
carl_fuhrmanniii@ml.com
$1,700m Total Assets $1.5m Typical Account Size (206) 855-4460
(210) 805-2981
$3,510m Total Assets fa.ml.com/washington/seattle/
fa.ml.com/fuhrmann_hayne Aashish Matani pnpunit
$3.5m Typical Account Size Merrill Lynch
$3m Typical Account Size
$1.093m Total Assets Norfolk
$1,057m Total Assets
aashish_matani@ml.com
(757) 446-4045
fa.ml.com/virginia/norfolk/
theahmgroup
$4m Typical Account Size
$1,349m Total Assets

Participation in this section is only open to advisors who have been listed in our editorial rankings. Advisors
pay a fee to be included in this reprint. Participation in this section has no bearing on the outcome of our
rankings. Assets are tied to the most recent ranking. For more information, visit barrons.com/guide.
April 12, 2021 BARRON’S S23

SPECIAL ADVERTISING SECTION

Chevy Chase Trust Homrich Berg Private Advisor Group

Bethesda, MD Atlanta, GA Morristown, NJ
info@chevychasetrust.com info@homrichberg.com startthedialogue@
(240) 497-5008 (404) 264-1400 privateadvisorgroup.com
chevychasetrust.com homrichberg.com (973) 538-7010

TOP RIA FIRMS

15 Advisors | 1 Office 52 Advisors | 4 Offices privateadvisorgroup.com
$32b Total Assets $6.99b Total Assets 664 Advisors | 306 Offices
$3m Account Minimum $1m Account Minimum $21.22b Total Assets
$100k Account Minimum

Churchill Management Group IEQ Capital

Los Angeles, CA San Francisco, CA RegentAtlantic
Below is a reprint of select firms from Barron’s Top info@churchillmanagement.com info@ieqcapital.com Morristown, NJ
100 RIA firms ranking who are actively taking on (877) 937-7110 (650) 581-9807 tholston@regentatlantic.com
new clients. For more information on them and www.churchillmanagement.com ieqcapital.com (973) 524-4177
other ranked advisors, visit barrons.com/guide. 45 Advisors | 41 Offices 10 Advisors | 2 Offices regentatlantic.com
$6.55b Total Assets $11.6b Total Assets 25 Advisors | 2 Offices
$750k Account Minimum $10m Account Minimum $4.90b Total Assets
$1m Account Minimum

1919 Investment Counsel Bradley, Foster and Sargent, Inc. Edelman Financial Engines Kovitz
Baltimore, MD Hartford, CT Sunnyvale, CA Chicago, IL Signature Estate & Investment
info@1919ic.com cherbert@bfsinvest.com PRTeam@EdelmanFinancialEngines. wealth@kovitz.com Advisors
(410) 454-5719 (860) 614-1466 com (312) 334-7300 Los Angeles, CA
1919ic.com bfsinvest.com (857) 305-8564 kovitz.com bholmes@seia.com
42 Advisors | 9 Offices 12 Advisors | 3 Offices www.edelmanfinancialengines.com 35 Advisors | 4 Offices (310) 712-2326
332 Advisors | 163 Offices seia.com
$15.12b Total Assets $5.0b Total Assets $5.15b Total Assets
$1m Account Minimum $500k Account Minimum $229b Total Assets $1m Account Minimum 20 Advisors | 8 Offices
$5 Account Minimum $11,209m Total Assets
$500k Account Minimum
Advance Capital Management CAPTRUST MAI Capital Management
Southfield, MI Raleigh, NC EP Wealth Advisors Cleveland, OH
jhall@acadviser.com info@captrust.com Torrance, CA info@mai.capital Snowden Lane Partners
(248) 350-8543 (800) 216-0645 bparker@epwealth.com (216) 920-4800 New York, NY
acadviser.com captrust.com (310) 910-9477 mai.capital info@snowdenlane.com
20 Advisors | 5 Offices 275 Advisors | 52 Offices epwealth.com 56 Advisors | 9 Offices (646) 218-9760
47 Advisors | 15 Offices snowdenlane.com
$2.96b Total Assets $390b Total Assets $7.17b Total Assets
$0 Account Minimum $500k Account Minimum $6.93b Total Assets $1m Account Minimum 52 Advisors | 12 Offices
$500k Account Minimum $2.49b Total Assets
$0 Account Minimum
BDF LLC Carson Wealth Mariner Wealth Advisors
Itasca, IL Omaha, NE Gofen and Glossberg, LLC Leawood, KS
info@bdfllc.com rcarson@carsongroup.com Chicago, IL startyourjourney@ Sullivan, Bruyette, Speros
(800) 840-4740 (888) 321-0808 info@gofen.com marinerwealthadvisors.com & Blayney
bdfllc.com carsonwealth.com (312) 828-1100 (913) 647-9700 McLean, VA
28 Advisors | 2 Offices 159 Advisors | 120 Offices gofen.com marinerwealthadvisors.com info@sbsbllc.com
11 Advisors | 1 Office 346 Advisors | 40 Offices (703) 734-9300
$4.60b Total Assets $11.90b Total Assets
sbsbllc.com
$1m Account Minimum $100k Account Minimum $4.97b Total Assets $29.43b Total Assets
$1m Account Minimum $100k Account Minimum 30 Advisors | 2 Offices
$4.29 Total Assets
Beacon Pointe Advisors Cary Street Partners $1m Account Minimum
Newport Beach, CA Richmond, VA Hightower Advisors PagnatoKarp | Cresset
info@beaconpointe.com kara.valentine@carystreetpartners.com Chicago, IL Reston, VA
(949) 718-1600 (804) 228-4693 businessdevelopment@ ppagnato@pagnatokarp.com Wealth Enhancement Advisory
beaconpointe.com carystreetpartners.com hightoweradvisors.com (703) 468-2700 Services
(312) 962-3800 pagnatokarp.com Plymouth, MN
130 Advisors | 21 Offices 42 Advisors | 13 Offices
hightoweradvisors.com 46 Advisors | 8 Offices info@wealthenhancement.com
$15b Total Assets $2.9b Total Assets
178 Advisors | 105 Offices (763) 417-1700
$1m Account Minimum $100k Account Minimum $9.52b Total Assets
wealthenhancement.com
$57b Total Assets $10m Account Minimum
$1m Account Minimum 200 Advisors | 46 Offices
$24b Total Assets
Participation in this section is only open to advisors who have been listed in our editorial rankings. Advisors pay a fee to be included in this reprint. Participation in this section $0 Account Minimum
has no bearing on the outcome of our rankings. Assets are tied to the most recent ranking. For more information, visit barrons.com/guide.
S24 BARRON’S April 12, 2021

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