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NFL Player Collapses During Game, Administered CPR Tesla

What’s
News Misses
Business & Finance
Yearly
esla delivered fewer ve-
Delivery
T hicles in 2022 than it ini-
tially targeted, capping a year
in which the stock suffered its
worst annual performance as
Target
demand appeared to soften Electric-car maker
and Covid-19-related produc-
tion disruptions persisted. A1 confronts weaker
 Southwest returned to consumer demand,
more normal operations, steep stock slide
contending with some
weather challenges as it
BY REBECCA ELLIOTT
sought to regain credibility
with regulators and travelers
Tesla Inc. delivered fewer
after the carrier’s meltdown
JEFF DEAN/ASSOCIATED PRESS

vehicles in 2022 than it ini-

over the holidays. B1, B2
tially targeted, capping a year
 More than two-thirds of during which the stock suf-
the economists at 23 large fered its worst annual perfor-
financial institutions that do mance as demand appeared to
business directly with the soften and Covid-related pro-
Fed are betting the U.S. will duction disruptions persisted
have a recession in 2023. B1 in a down year for markets.
CRITICAL SITUATION: Buffalo safety Damar Hamlin was rushed to a Cincinnati hospital in critical condition Monday night, and the Elon Musk’s electric-vehicle
 GE’s healthcare unit
game between the Bills and Bengals was suspended. He required on-the-field CPR. Details weren’t immediately available. A14 maker said Monday that it de-
will start trading as an in-
livered around 1.31 million ve-
dependent company this
hicles last year, up about 40%
week, shifting the focus to
from 2021. The company
the future of the industrial

.
McCarthy’s Bid for Speaker
would have needed to hand
giant’s power business. B1
over more than 1.4 million ve-

ly
 The U.S. auto industry is hicles to meet its initial goal
entering one of its biggest fac- of increasing deliveries by 50%
tory-building booms in years, or more. Tesla signaled in Oc-
a surge largely driven by the
shift to electric vehicles and
new federal subsidies. B1
 Twitter was accused of
Teeters Ahead of Tuesday Vote on tober that it likely would fall
short of its target, and Wall
Street had moderated its de-
livery expectations. Tesla still
fell short of a lowered Wall
us ,

not paying its rent in a

BY NATALIE ANDREWS esced on requested rules McCarthy can lose only four the first ballot since 1923. Street forecast of around 1.34
l

lawsuit filed by Columbia

changes that give rank-and-file votes in the roll call vote, in Mr. McCarthy was seen at million deliveries for 2022, ac-
e
Reit-650 California, the
al a

WASHINGTON—Republican members more power, includ- which the winner must get 218 the Capitol on Monday, walking cording to FactSet.
landlord for one of its of-
leader Kevin McCarthy worked ing making it easier to oust a votes or the majority of all into the House speaker’s desig- Tesla, which didn’t respond
fices in San Francisco. B3
Monday to lock down support speaker, but a significant num- those present and voting. nated suite. He told NBC that to a request for comment, said
ci on

 Tensions between crypto to become House speaker, but
magnates Cameron Win- his bid remained up in the air
klevoss and Barry Silbert as some conservative lawmak-
over a lending freeze at the ers threatened to turn Tues-
latter’s Genesis Global Cap- day’s leadership vote into the
er s
ber of GOP lawmakers said they A failure of Mr. McCarthy’s he thought Tuesday would be a in a news release that changes
remain opposed to the Califor- bid would be unprecedented in “good day.” A spokesman didn’t in how the company produces
nian’s bid. modern history and underscore respond to a request for com- cars and distributes them to
Because Republicans will the shaky nature of the Republi- ment. customers left more vehicles
have such a narrow majority can majority and the raucous The vote is the first action in transit to their final desti-

ital erupted into an open most unpredictable in a century. over Democrats—222 to 212, nature of its conservative wing, in a new session that is ex- nation at year-end.
dispute on Twitter. B4 The speaker vote is set for with one vacancy—Mr. McCar- which has caused trouble for pected to kick off two years of Tesla endured a challenging
m er

midday and comes after Mr.
World-Wide McCarthy spent the weekend
scrambling to get the votes
necessary from House Republi-
 Republican leader Kevin cans to win the gavel. He acqui-
m rp
thy needs almost unanimous party leaders in the past decade. intense battles over issues in- year, losing around $675 bil-
support. Lawmakers and aides In 2015, then-Speaker John Please turn to page A4 Please turn to page A6
said the outcome is uncertain. Boehner resigned in the face of
If all Democrats back their own relentless conservative pressure.  Divided government makes  Shift to EVs sparks auto-
leaders as expected, Mr. No speaker vote has failed on its return...................................... A4 plant building boom................ B1

McCarthy worked to lock

down support to become

Tourism, Factories Kyiv Rockets Kill

House speaker, but his bid
remained up in the air as Bosses Pay Up
some conservative law- To Keep Staff
Fight Over Power Dozens of Troops
co Fo

makers threatened to turn

Tuesday’s leadership vote Employees who stay put in
into the most unpredict- their jobs are getting their
able in a century. A1, A4 heftiest pay raises in decades,
 A Ukrainian strike killed
dozens of soldiers in Rus-
sian-held eastern territory,
Europe’s shift away from natural gas
helping fuel inflation. A2

Median hourly wages, change

from a year earlier, 12-month
At Russian Base
marking the deadliest known to wind and solar energy spurs opposition moving average BY ISABEL COLES of eastern Ukraine.
assault in months, while Kyiv
AND EVAN GERSHKOVICH The ministry said 63 troops
said it shot down at least 39 8%
BY MATTHEW DALTON offering a tranquil refuge. The had died in the blast after four
drones during another wave RECESSION
ocean is a few miles away, and KYIV, Ukraine—A Ukrainian Himars rockets carrying high-
of attacks on the capital. A1
SAN CIPRIAN, Spain—Eu- the Basilica de San Martiño de Job switcher strike killed dozens of newly explosive warheads struck the
6
n-

 U.S. News & World Report rope’s plans to install wind Mondoñedo, Spain’s oldest ca- mobilized soldiers in Russian- facility.
is revamping some elements and solar power are accelerat- thedral and an attraction for held eastern territory, marking Anastasia Kashevarova, a
of its law-school ranking ing in the wake of the invasion pilgrims walking the famed the deadliest known assault in Russian official, said the troops
after deans at more than a of Ukraine, which drove up Camino de Santiago, lies in the 4 months and pressuring Mos- housed at the compound were
no

dozen top law schools pub- natural-gas prices sharply. same valley. cow’s military leadership, mobilized from Russia’s Sara-
licly challenged the value of They’re running into opposi- The couple and other resi- while Kyiv said it shot down at tov and Samara regions.
the closely followed list. A5 tion from residents and offi- dents are fighting a proposal 2 least 39 drones during another Rybar, a Telegram news
cials who say a wave of new to build a cluster of 345-foot wave of attacks on the capital. channel with links to the Rus-
 A top Chinese public- Job stayer
projects will harm the region’s tall wind turbines near the Russia’s Defense Ministry sian military, said about 70
health official warned of
landscapes, cultural sites and inn. The turbines are among said on Monday that Ukrainian people had been confirmed
widespread Covid-19 out- 0
valuable tourism industry. more than 200 that Pitts- forces used a U.S.-supplied Hi- dead and more than 100
breaks across the coun- 2000 ’05 ’10 ’15 ’20
In the Galician countryside Please turn to page A10 mars rocket system to destroy wounded as debris continued
try’s rural areas as mil-
of northwest Spain, Maria Source: Federal Reserve Bank of Atlanta a facility used as a base for to be cleared at the site.
lions of citizens prepare to
Martin and her husband  Costs impede offshore wind mobilized troops in the city of President Vladimir Putin of
travel for the coming Lu-
opened an inn six years ago buildout......................................... A3 Makiivka, in the Donbas area Please turn to page A8
nar New Year holiday. A7
 Syria said Israel
launched missile strikes on
Damascus’s international INSIDE It’s Hard to Write a Book, Harder
airport, killing two military
personnel and briefly shut-
To Get People to the Book Signing
ting the facility, the latest i i i
attack targeting a key Iran
ally in the region. A18 Empty events are a rite of passage for
 South Korea is discussing
with the U.S. conducting
authors, even stars; offering free candy
joint exercises using nuclear
assets, President Yoon said,
BY CHRIS KORNELIS Chelsea Vandergrift Podgorny,
although President Biden
was optimistic. Friends in the
played down the claim. A8
PERSONAL JOURNAL Years after she started writ- area said they wanted to stop by
If you suspect you’re ing her debut novel, Chelsea and have their books signed,
Banning settled into Pretty and 37 people responded to the
JOURNAL REPORT overdue for a digital Good Books in Ashtabula, Ohio, Facebook event listing that they
Markets & Finance: cleanse, here’s what to on a Saturday in early Decem- would attend.
Year-End Review & do next. A11 ber for her first author sign- During her three-hour sign-
ing. ing, just two people showed
Outlook R1-14 She waited with
neatly stacked paper-
up.
The next morning, Ms.
Accelerate
CONTENTS
Arts in Review.... A13
Business & Finance B2,6
Business News...... B3
Markets Digest..... B7
Opinion.............. A15-17
Personal Journal A11-12
Sports....................... A14
back copies of her book,
“Of Crowns and Leg-
ends”—which she calls
Banning tweeted to her
roughly 100 followers
that she was “pretty
insights where
Crossword.............. A13
Heard on Street... B10
Markets............... B9,10
Technology............... B4
U.S. News............. A2-6
World News... A7-9,18
a King Arthur reimag-
ining that takes place
bummed about it…up-
set, honestly, and a lit-
you need them.
20 years after his tle embarrassed.” She
death. She had props, Plenty felt a little sheepish
Simplify your edge so you can
> BUSINESS & FINANCE including a crown, a little of seats after writing the act on intelligence everywhere.
This year, GE will turn statue of a knight kneeling and tweet and planned to
holding a pen, and pictures of remove it, she recalls in an in-
to splitting off its friends dressed as her charac- terview. She didn’t want the no-
power-generation ters, in medieval garb. shows to feel bad. See how at Dell.com/Edge
s 2023 Dow Jones & Company, Inc.
All Rights Reserved business. B1 The 33-year-old librarian in Then, Henry Winkler chimed
Girard, Ohio, whose real name is Please turn to page A10
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
A2 | Tuesday, January 3, 2023
Wages Surge
For Workers
Who Stay Put
BY GABRIEL T. RUBIN
AND SARAH CHANEY CAMBON
Workers who stay put in
their jobs are getting their
heftiest pay raises in decades,
a factor putting pressure on in-
flation.
Wages for workers who
stayed at their jobs were up
5.5% in November from a year
earlier, averaged over 12
months, according to the Fed-
eral Reserve Bank of Atlanta.
That was up from 3.7% annual
growth in January 2022 and
the highest increase in 25
years of record-keeping.
Faster wage growth is con-
tributing to historically high
inflation, as some companies
pass along price increases to
compensate for their in-
creased labor costs. Prices
rose at their fastest pace in 40
years earlier in 2022. Inflation
has cooled in recent months
but remains high. Federal Re-
serve officials are closely
monitoring wage gains as they
consider future interest-rate
increases to slow the economy
Robust Job Market, Pay Growth Show Signs of Cooling
BY BRYAN MENA
The labor market proved to
be a resilient stabilizer in 2022
for a U.S. economy facing the
highest inflation in four de-
cades.
With the Federal Reserve
having raised interest rates at
the fastest pace since the early
1980s, however, the economy
has slowed, and effects of that
are filtering into hiring and
wages.
The unemployment rate was
3.7% in November, according to
the Labor Department, just
above half-century lows
matched earlier in 2022. Fed of-
ficials forecast the rate to rise
to 4.6% in the fourth quarter of
2023, in economic projections
released last month.
Here is what underpinned
the labor market’s resilience in
2022, and what lies ahead in
2023.
Hiring pace
no
U.S. employers added an av-
erage of 392,000 jobs a month
in 2022 through November, ac-
cording to Labor Department
figures. While slower than in
2021, the hiring pace was more
than double that of 2019, the
year before the pandemic be-
gan.
NEW YORK
Police Seek Motive
In Machete Attack
A 19-year-old man accused of
attacking police with a machete
near Times Square in New York
City on New Year’s Eve was ar-
rested on charges of attempting
to murder police officers, accord-
ing to authorities. The attack
took place steps from where
crowds had gathered to watch
the annual ball-drop ceremony.
Trevor Bickford of Wells,
Maine, walked up to a police of-
ficer shortly after 10 p.m. and
tried to strike his head with a
machete before hitting two
other officers in the head, said
New York City Police Commis-
sioner Keechant Sewell. One of
the officers then shot the at-
tacker in the shoulder, Ms.
Sewell said.
A law-enforcement official
said authorities are investigating
whether Mr. Bickford was in-
spired by radical Islamic extrem-
ism. The early investigation indi-
cates he acted alone, the official
said. Investigators are examining
his online activity.
* *** THE WALL STREET JOURNAL.
U.S. NEWS
ECONOMIC
CALENDAR
Tuesday: S&P Global releases
its final purchasing managers
index for U.S. manufacturing in
December. The flash estimate
showed manufacturing activity
FROM LEFT: ALEXANDRIA CARTER, RACHEL WOOLF FOR WSJ
fell to a 31-month low in Decem-
ber as factories struggled with
weak demand.
Also Tuesday, the Commerce
Department reports on con-
struction spending in November.
In October, construction spend-
ing declined from the prior
month at a seasonally adjusted
0.3% rate.
Wednesday: The Federal Re-
serve releases the minutes from
its December meeting, when
central bankers voted to raise
short-term interest rates by 0.5
Alexandria Carter, above left, a Baltimore billing specialist and accountant, received a promotion and percentage point.
two pay increases this past year. Employees are getting more merit and other raises as bosses try to Also Wednesday, the Institute
prevent poaching by rivals, including in the restaurant and hospitality industry. for Supply Management puts
out manufacturing PMI data for
and bring down inflation. “Employers are reacting to they notice the work I’ve put in likely continue in a competitive December, and the Labor De-
Employees who changed that and saying, ‘Well, we’re and to be rewarded, it’s just job market where poaching re- partment releases data on the
companies, job duties or occu- going to increase wages inter- nice.” mains common. More than half number of job openings in No-
pations saw even greater wage nally because we don’t want to There are signs wage gains of professionals feel underpaid, vember.
gains of 7.7% in November from lose the staff that we’ve al- are beginning to ease as the and 4 in 10 workers would Thursday: The Labor Depart-
a year earlier. The prospect ready trained.’ ” tight labor market loosens a leave their jobs for a 10% raise ment reports the number of
that employees might leave for Employee bargaining power bit. Average hourly earnings elsewhere, according to a Rob- worker filings for unemployment
bigger paychecks is a main rea- has increased as the economy were up 5.1% in November ert Half survey released in benefits for the week ended
son companies are raising rebounded from the pandemic, from a year earlier, slowing September. Dec. 31. Initial jobless claims rose
wages for existing employees. likely emboldening some em- from a recent peak of 5.6% in Many businesses in the Bos- modestly the prior week but re-
Many workers aren’t feeling ployees to ask for wage in- March. Many analysts expect ton Fed district cited labor mained historically low.
the pay gains, though. Wages creases from their current em- wage growth could cool further costs as a bigger source of in- Also, the Commerce Depart-
for all private-sector workers ployers, Ms. O’Kane added. in coming months. flationary pressure for 2023 ment releases data on Novem-
declined 1.9% over the 12 Alexandria Carter, a billing In industries with high de- than other types of expenses, ber’s trade flows, which are ex-
months that ended in Novem- specialist and accountant at an mand for workers, “companies according to the central bank’s pected to show that the deficit
ber, after accounting for an- insurance company in Balti- are prepared for wage growth Beige Book. narrowed as imports of goods
nual inflation of 7.1%, according more, received a promotion to match inflation,” said Paul Wage and price increases fell more than exports.
.
to the Labor Department. and a small pay bump earlier McDonald, senior executive di- can feed off each other. In fact, Friday: The Labor Depart-
Workers in sectors such as in 2022. After her year-end rector at Robert Half, a profes- higher inflation is pushing
ly
ment’s December jobs report is
leisure and hospitality can eas- performance review, she re- sional staffing company. “As some workers to seek cost-of- the highlight of this week’s eco-
ily find job openings that ceived another 7% pay increase inflation comes down, it will be living increases, helping con- nomic data. The report will show
might pay more, making it to reward her for her progress, more in line with what wage tribute to wage growth among how the unemployment rate, job
more enticing to switch jobs,
said Layla O’Kane, senior econ-
omist at Lightcast.
“If I can see that the Burger
on and her bosses told her about
their plans for her to keep
moving up in the company.
That was a contrast with
growth has been.”
The consumer-price index, a
measurement of what consum-
ers pay for goods and services,
job stayers, economists say.
More broadly, pay is rising
for both job stayers and
switchers because companies
creation and worker earnings
fared in the final month of the
year. Payroll growth remained ro-
bust in November and the job-
King down the street is offer- some previous jobs she has climbed 7.1% in November from can’t find enough workers. less rate held steady at 3.7%.
us ,
ing $22 an hour, and I’m mak- held. a year earlier, down from 7.7% Across the economy, job open- Also Friday, the ISM releases
l
ing $20 an hour at the Dunkin’ “They were telling me that in October. The pace built on a ings—at 10.3 million in Octo- data on services PMI in Decem-
e
al a
Donuts that I work at, then I I’m excelling in my position, trend of moderating price in- ber—far exceeded the 6.1 mil- ber and the Commerce Depart-
know very clearly what my op- and I just got it,” she said. “To creases since June’s 9.1% peak. lion unemployed Americans ment puts out data on Novem-
portunity cost is,” she said. have that recognition and that Still, wage pressures will looking for work that month. ber factory orders.
ci on
er s
Gains were led by leisure and Consumer prices and wages, Labor force participation rate workers, relatively reticent la- Some of the decline in labor
m er
hospitality, which includes res- change from a year earlier bor supply and lower pay,” said supply can be attributed to
taurants, hotels and tourist at- 10% 85.0 % RECESSION Nick Bunker, an economist at early retirements triggered by
tractions. The industry ac- Consumer-price the jobs site Indeed. the pandemic. Mr. Stanley said
counted for about 1 in 5 net jobs 8 index 80.0 Lower-paying sectors have that those who retired early
added in the first 11 months of seen a slowdown in wage aren’t likely to return to the la-
m rp
25- to 54-year-olds
2022. Job gains were also 6 75.0 growth, Mr. Bunker said, refer- bor force.
strong in other service sectors. ring to Indeed’s wage tracker. The participation rate for
“Workers at the lower end of 4 70.0 That tracker showed wage prime-age workers—those be-
the income distribution in areas Average hourly growth in 82% of industries was tween the ages of 25 and 54—
like leisure and hospitality, 2 earnings, private 65.0 lower in November than six approached prepandemic levels
sector All 16 and older
co Fo
transportation, and retail did months earlier. If pay changes in the summer but has edged
0 60.0
particularly well,” said Aneta remain on the same trajectory, down in recent months.
Markowska, chief financial 2021 ’22 2019 ’20 ’21 ’22 wage growth will return to pre-
economist at Jefferies. “Demand Monthly unemployment rate Average monthly change in pandemic levels by the second Jobless rate
for services was just enormous.” and 2023 projection nonfarm payrolls* half of 2023, Mr. Bunker said. The unemployment rate in
The pace of hiring cooled in 2022 fell to match the half-cen-
the second half of 2022, and 15.0% Fed Projection 500,000 Labor supply tury lows set in 2019 and early
several large employers laid off 4Q ’23 4.6% One factor supporting wage 2020. The November rate was
12.5 250,000
workers or planned to cut jobs. growth in 2022 was the strug- up slightly from the 3.5% low
While those moves didn’t result 10.0 gle many employers had in find- for 2022.
in an increase in broad layoff Rate 0 ing workers. Some private economists ex-
7.5
figures, economists surveyed in Job openings exceeded the pect the unemployment rate to
-250,000
the fall by The Wall Street Jour- 5.0 number of people who were un- rise more than the Fed projects.
n-
nal forecast employers to start -500,000 employed and seeking work Ms. Markowska of Jefferies
shedding jobs in 2023. 2.5 throughout 2022, according to said she expects the unemploy-
Projection the Labor Department, though ment rate to reach about 5% by
0 -750,000
Wage growth 2007 ’10 ’15 ’20 2012 ’15 ’20
the gap began to narrow. The the end of 2023 and then con-
Wages grew at a historically labor-force participation rate, or tinue rising in the following
Note: Seasonally adjusted. *The 2022 average is through November.
strong rate in 2022, though the Source: Labor Department via St. Louis Fed (Consumer prices and wages, labor force); the share of workers who are year. Economists from Nomura
gains failed to keep pace with Labor Department (unemployment, payrolls); Federal Reserve (unemployment) employed or seeking a job, forecast a 5.9% unemployment
inflation. Average hourly earn- hasn’t recovered to its prepan- rate in late 2023.
ings for private-sector employ- Median wages for leisure and in the trade and transportation demic level. “Since there isn’t much up-
ers rose 5.1% in November from hospitality workers advanced and the manufacturing sectors “The labor-force participa- side for labor-force growth, any
a year earlier, while consumer 7% in the 12 months ended in grew more than overall pay. tion rate is likely to continue to upward pressure on unemploy-
prices climbed 7.1% during the November, the most of any in- “The fastest wage growth trend down over time,” said Ste- ment will more likely come from
same period, according to the dustry tracked by the Federal was where there was this com- phen Stanley, chief economist at job losses,” said Ms.
Labor Department. Reserve Bank of Atlanta. Wages bination of strong demand for Amherst Pierpont Securities. Markowska.
U.S. WATCH THE WALL STREET JOURNAL
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Two law-enforcement officials CALIFORNIA The scaffolding collapsed just road linking Lake Tahoe, which (Western Edition ISSN 0193-2241)
said members of Mr. Bickford’s after 9 a.m. at a construction site straddles the Nevada-California Editorial and publication headquarters:
family reported him to law en- Vehicle Falls Off Cliff, on East Morehead Street, sending border, and south Reno. He 1211 Avenue of the Americas,
forcement. Four Critically Injured several construction workers fall- owns a home in Washoe County, New York, N.Y. 10036
Ms. Sewell and Federal Bu- ing about 70 feet, Fire Capt. which includes Reno, and told Published daily except Sundays and general
reau of Investigation Assistant A Tesla vehicle plunged off a Jackie Gilmore said. He said the the Reno Gazette Journal in legal holidays. Periodicals postage paid at
New York, N.Y., and other mailing offices.
Director Michael Driscoll said the Northern California cliff along the two injured workers were taken 2019 that he chose the area be-
Postmaster: Send address changes to
investigation is continuing. Pacific Coast Highway Monday to a hospital to be evaluated. cause Reno was the right-size The Wall Street Journal, 200 Burnett Rd.,
“There is no ongoing threat,” near an area known as Devil’s —Associated Press city for him, it has majestic Chicopee, MA 01020.
Mr. Driscoll said Sunday. “We be- Slide, leaving four people in criti- scenery and it allowed him and All Advertising published in The Wall Street
lieve this was a sole individual. cal condition, a fire official said. NEVADA his family to ski frequently Journal is subject to the applicable rate
At this time there is nothing to Two adults and two juveniles Mr. Renner plays Hawkeye, a card, copies of which are available from the
indicate otherwise.” Mr. Driscoll were in the vehicle, according to Actor Severely Hurt sharp-shooting member of the su-
Advertising Services Department, Dow
Jones & Co. Inc., 1211 Avenue of the
added that the Joint Terrorism a Cal Fire official’s account in a While Plowing Snow perhero Avengers squad in Mar- Americas, New York, N.Y. 10036. The
Journal reserves the right not to accept an
Task Force was involved in the video posted to Twitter. Helicop- vel’s sprawling movie and televi-
advertiser’s order. Only publication of an
investigation to determine the ters were expected to fly them “The Avengers” star Jeremy sion universe. advertisement shall constitute final
nature of the attack. to hospitals. The vehicle fell Renner was seriously injured —Associated Press acceptance of the advertiser’s order.
Mr. Bickford wrote a farewell about 250 feet down from the while plowing snow in Reno and Letters to the Editor:
note to his family, a law-enforce- highway, the fire official said. is in critical condition. Fax: 212-416-2891; email: wsj.ltrs@wsj.com
ment official said.
The three policemen were all
Motorists were told to expect
delays as rescuers worked.
Authorities and the actor’s
representative haven’t said how
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treated and released from the
hospital, according to the New
—Associated Press the accident occurred, but the
Washoe County Sheriff’s Office
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from the city’s police academy Three Workers Killed a hospital for treatment. made an average $14.45 an hour By phone: 1-800-843-0008
on Friday, Ms. Sewell said. He As Scaffolding Failed Mr. Renner, 51 years old, is in through September of 2022. A WSJ back issues and framed pages:
wsjshop.com
suffered a skull fracture and a critical condition although he is U.S. News article on Saturday in
large laceration. A second victim, Three construction workers stable, the actor’s representative some editions incorrectly said Our newspapers are 100% sourced from
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an eight-year police officer, was were killed and two others were said on Sunday. No further de- the amount was $13 an hour.
treated for a head laceration. Ms. hurt on Monday when scaffolding tails on the extent of his injuries
Sewell didn’t say what injuries collapsed in an industrial accident were available. Readers can alert The Wall Street
Journal to any errors in news articles GOT A TIP FOR US?
the third officer suffered. at a job site in Charlotte, authori- He was injured in an area by emailing wsjcontact@wsj.com or SUBMIT IT AT WSJ.COM/TIPS
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 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
THE WALL STREET JOURNAL.
New State
Laws Will
Focus on
Abortion,
Cash Bail
BY JAMES FANELLI
The new year is poised to
bring a litany of new state
laws across the country, in-
cluding ones addressing con-
sumer-data privacy, cash bail
and the use of rap lyrics as ev-
idence in criminal trials.
Over 24,000 bills were
passed by state lawmakers in
the U.S. in 2022, according to
the Council of State Govern-
ments. Some went into effect
in 2022, but many took hold
Jan. 1 or will be effective later
in 2023.
Colorado, Connecticut, Utah
and Virginia will implement
sweeping consumer-data pri-
vacy laws that their state at-
torneys general will enforce.
The laws are similar to the Eu-
ropean Union’s General Data
Protection Regulation, which
safeguards how companies
process sensitive personal in-
formation.
In Virginia, some busi-
nesses that collect personal
Over 24,000 bills
were passed by state
lawmakers in the
U.S. in 2022.
information from state resi-
dents will have to assess how
they use the data in targeted
advertising.
New Hampshire, Colorado,
Maryland and Oregon will roll
out paid-family-leave policies
in 2023, joining nine other
states that offer some type of
program, according to the
Council of State Governments.
While states will start collect-
ing contributions for their
programs in 2023, workers in
Colorado and Maryland won’t
be able to receive benefit pay-
ments until 2024 and 2025, re-
spectively. Meanwhile, New
York is expanding its paid-
family-leave law to include the
care of siblings with a serious
health condition.
Colorado will implement a
law that would eventually pro-
hibit the sale of eggs from
hens in caged facilities. The
law also requires some farms
in the state to provide each
hen with one square foot of
floor space in a cage-free
housing system by 2025.
California has several nota-
ble laws taking effect in 2023,
including one that restricts the
use of creative works, includ-
ing song lyrics, as evidence
against rappers and other art-
ists facing criminal charges.
no
Under the law, a presiding
judge would have to weigh the
value of the creative work or
lyrics as evidence and decide
whether their admission would
create a racial bias in the pro-
ceedings.
California also plans to im-
plement a ban on charging dif-
ferent prices for goods mar-
keted according to gender. The
law addresses what has been
called the “pink tax,” in which
products marketed to women
cost more than similar items
advertised for men.
Illinois in the new year is
set to eliminate its cash-bail
system for criminal defen-
dants—if its new law survives
a legal challenge. Backers of
the law, known as the Safe-T
Act, say that it addresses a
criminal-justice system in
which defendants who can’t
afford bail are forced to await
trial in jail.
In Tennessee, where a near-
total ban on abortion went
into effect in August, a new
law brings further restrictions.
Starting Jan. 1, only a licensed
physician may prescribe or
dispense abortion pills.
In November, voters in
Missouri and Maryland ap-
proved ballot measures legal-
izing the recreational use of
marijuana.
Adults in Maryland can use
and possess pot starting in
July 2023. In Missouri, sales
of the drug aren’t expected to
begin until at least February.
Starting in January, Penn-
sylvania will legalize the use
of fentanyl test strips in what
lawmakers say is an effort to
reduce overdose deaths.
Costs Impede Offshore-Wind Buildout
BY KATHERINE BLUNT
AND JENNIFER HILLER
Offshore wind developers
are facing financial challenges
that threaten to derail several
East Coast projects critical to
reaching the Biden administra-
tion’s near-term clean-energy
targets.
Supply-chain snarls, rising
interest rates and inflationary
pressures are making projects
far more expensive to build.
Now, some developers are look-
ing to renegotiate financing
agreements to keep their proj-
ects under way.
The Biden administration
has set a target for the U.S. to
develop 30 gigawatts of off-
shore wind power by 2030—
enough to supply electricity to
roughly 10 million homes. Ana-
lysts say that target will be dif-
ficult, if not impossible, to
achieve if cost and supply is-
sues persist.
on
us ,
l
e
al a
ci on
er s
m er
Sam Rivera is executive director of OnPoint NYC, a nonprofit that runs two sites in New York City where people can use illicit drugs under supervision.
He says the sites keep people alive so they can try treatment when they are ready. Ashley Talavera, at OnPoint’s East Harlem site, says she feels safe to use drugs there.
Supervised Drug-Use Sites Face Key Moment
m rp
BY JULIE WERNAU
Medical assistant Alsane Me-
co Fo
zon placed cotton balls into
metal cups, creating “cookers”
for heating illicit drugs. Her
colleague Rayce Samuelson
spoke with a woman struggling
to find an unscarred vein to re-
ceive the injection of fentanyl
she was holding.
“Arms, hands, legs, feet—
that’s the rotation,” Mr. Samu-
elson told her.
It was all in a day’s work for
the staff of a supervised drug-
n-
use site in East Harlem, one of
two that have made New York
the first city in the country to
allow open use of illicit sub-
stances including the fentanyl
that has driven a surge of more
than one million overdose
deaths over the past decade.
During the 14 hours the sites
in East Harlem and Washington
Heights are open each day,
workers aim to prevent over-
doses and provide a path to
treatment and medical care.
OnPoint NYC, a nonprofit,
opened the sites with backing
Storm System That Flooded California Threatens More States
BY DEBORAH ACOSTA
The powerful storm that
caused record-setting flood-
ing, power outages and evacu-
ations in California is now
moving east.
The rain and wind were
caused by a so-called atmo-
spheric river, a long, narrow
storm system that pulled
moisture from the Pacific
Ocean inland.
The system drenched down-
town San Francisco with 5.46
inches of rain, the city’s sec-
ond-highest rainfall since the
19th century, and Oakland ex-
perienced its wettest day ever,
with 4.75 inches. The torren-
tial downpour came after
much of California had been
plagued by drought last year.
Two levees were breached
in southern Sacramento, which
experienced flash flooding
that closed a major thorough-
fare as rescuers worked to
free stranded motorists. One
person there was found dead
in a submerged vehicle, ac-
cording to Dan Quiggle, dep-
U.S. NEWS
“We’re seeing unexpected
and unprecedented macroeco-
nomic challenges,” said David
Hardy, chief executive of the
Americas for Danish power
company Ørsted A/S, which is
developing about 5 gigawatts of
offshore wind projects off the
coast between Rhode Island
and Maryland.
Avangrid, a subsidiary of
Spanish power company
Iberdrola SA, is developing a
1.2-gigawatt project called
Commonwealth Wind off the
coast of Massachusetts. The
company in December asked
the Massachusetts Department
of Public Utilities to terminate
its review of contracts the com-
pany negotiated with utilities
serving the state. The company
said it now intends to scrap the
contracts and rebid the project
this year to account for higher
costs.
Mayflower Wind Energy
LLC, a joint venture between
from former Mayor Bill de Bla-
sio in November 2021. Since
then, the centers have helped
prevent nearly 700 overdoses,
OnPoint said. They have be-
come pilgrimage sites for health
officials, politicians and treat-
ment groups around the coun-
try hoping to replicate them.
But the experiment in caring
for people while they use drugs
is at a crossroads. OnPoint said
the private funding of around
$1.4 million a year it uses to
operate the sites will run out in
February. Federal officials have
until Jan. 9 to decide whether
to continue backing a lawsuit
against a proposed drug-use
site in Philadelphia. The Justice
Department said it is evaluat-
ing safe-use sites and protocols
for operating them with state
and local officials.
The Biden administration’s
approach to the case will deter-
mine whether cities including
New York decide they have firm
legal standing to increase sup-
port and funding for safe-use
sites, legal experts and public-
health officials said.
Cars were swept off the road after heavy rain caused flooding in Sacramento County, Calif., over
the weekend. The system also drenched downtown San Francisco with 5.46 inches of rain.
uty fire chief at the Cosumnes
Fire Department. The vehicle
was spotted by helicopter and
then was accessed by rescue
boat.
A 72-year-old resident of
Shell New Energies US LLC and
Ocean Winds, is developing an-
other Massachusetts project. It
said in regulatory filings that
its contracts have been simi-
larly affected and that it plans
to produce third-party analysis
showing the challenges of fi-
nancing.
Ørsted told analysts in No-
vember that its anticipated re-
turn on U.S. projects, including
Ocean Wind 1 off New Jersey, is
“not where we want it to be.”
New Jersey utility company
Public Service Enterprise
Group Inc., which has a 25% in-
terest in Ocean Winds, told an-
alysts in October that it was re-
viewing its options and project
costs before making a final in-
vestment decision.
The U.S. offshore wind in-
dustry has long faced delays re-
lated to federal permitting, a
process the Biden administra-
tion has pushed to accelerate.
Vineyard Wind LLC, a joint ven-
“The expectation by those
who stepped up and funded
was that this would be the
opening and that others would
join,” said Sam Rivera, OnPoint
NYC’s executive director.
Legislation to create safe-
use sites has stalled in Illinois,
Massachusetts and New Mex-
ico. California’s Democratic
Gov. Gavin Newsom in August
Some community
leaders in New York
resisted OnPoint’s
safe-use locations.
vetoed a bill that would have
allowed San Francisco, Oakland
and Los Angeles to open free-
use sites. He said sanctioning
drug use could exacerbate drug
problems in those cities.
There is still interest in
many communities. Rhode Is-
land passed a bill backing free-
use sites in 2021, and a group
Santa Cruz was killed after be-
ing struck by a falling tree at
Lighthouse Field State Beach,
according to the California De-
partment of Parks and Recre-
ation.
Tuesday, January 3, 2023 | A3
ture between Avangrid and Co-
penhagen Infrastructure Part-
60% complete. The company’s
$9.8 billion offshore wind farm
ners, is now building the
nation’s first large-scale project
off the coast of Massachusetts
remains on schedule and on
budget, he said, largely because
the company signed its supply
and expects it to begin produc-
ing power late this year.
Global market dynamics have
contracts before the constraints
emerged.
Wind-turbine manufacturers
compounded the hurdles. The
U.S. is building its first wave of
offshore wind farms at the
same time European countries
have also been struggling with
supply-chain snarls and rising
materials costs. Vestas Wind
Systems A/S, one of the
try to accelerate their own proj- world’s largest turbine makers,
ects to secure electricity sup- reported lower revenue in the
plies following the invasion of third quarter.
Ukraine. That has strained the Josh Irwin, Vestas North
supply chain, as well as the America’s senior vice president
availability of specialized instal- of offshore sales, said the
lation vessels needed to trans- amount of time it takes for de-
port and hoist massive turbines. velopers to complete the neces-
Dominion Energy Inc., a sary permitting steps remains a
Richmond, Va.-based utility challenge for planning. “The
company, is building the only longer the interval, the greater
offshore-wind installation ves- the opportunity for supply-
sel under construction in the chain costs to get out of step
U.S. Josh Bennett, Dominion’s with a project’s original expec-
vice president of offshore wind, tations for the price of electric-
said the vessel is more than ity,” he said.
.
ly
SARAH BLESENER FOR THE WALL STREET JOURNAL (2)
there has applied to open one drug users alive. In the 1980s,
this summer. “When people he said he ran a heroin-dealing
visit these sites, they see the operation that stretched across
profound impact you can have the city. His conversion came
on people when you provide re- when he was in prison with
spect, healthcare and auton- people who contracted HIV
omy,” said Brandon Marshall, through drug use. He helped
professor of epidemiology at them write letters to their chil-
the Brown University School of dren. They were dying.
Public Health. The sites offer medical ser-
Some community leaders in vices including HIV and hepati-
New York resisted OnPoint’s tis C testing, wound care, medi-
safe-use sites. Syderia As- cations for treating addiction
berry, a founder of the non- and counseling to visitors who
profit Greater Harlem Coali- are mostly homeless or living in
tion, spent three years fighting shelters. Case managers help
against what she called the drug users navigate safer drug
oversaturation of treatment use and treatment.
centers and shelters in Har- Ashley Talavera, 24, visited
lem. She said safe-use sites the East Harlem site one day in
represent an acceptance of December to use fentanyl. She
drug use as a way of life. bought greeting cards from Dar-
“People are dying. We un- ryl Bibbs, 61, who was selling
derstand that. We don’t want them for extra money in the
people to die,” she said. “But is booth next to her. Mr. Bibbs had
this really helping people?” overdosed and been revived at
Mr. Rivera said the sites the site earlier in the day. Before
keep people alive to try treat- the site opened, Ms. Talavera
ment when they are ready. “It’s said, she used drugs at home
a health intervention,” he said. alone, on the subway or on the
Mr. Rivera is an unlikely street. “It feels safe here,” she
leader for a movement to keep said. “There’s no judgments.”
82,000 people were without
power in California, Nevada
and Arizona, according to
PowerOutage.us, which tracks
such data.
As the system moves east,
the strong winds are combin-
ing with other weather sys-
tems that will affect parts of
Texas, Oklahoma, Arkansas
and Louisiana, which were at
risk of severe storms on Mon-
day, with damaging winds,
strong tornadoes and hail pos-
sible, according to the Na-
tional Weather Service.
Warm weather, excess
FRED GREAVES/REUTERS
moisture from the Gulf of
Mexico and the incoming cold
front are combining, said
Tabitha Clarke, a meteorolo-
gist at the National Weather
Service office in Little Rock,
where the brunt of the storm
was expected.
“We’re sitting here in the
Officials are expecting an- 60s for January, that’s pretty
other round of moderate to warm for us, unstable,” said
heavy rain on Wednesday for Ms. Clarke. “It’s not uncom-
much of Northern California, mon, but whenever it does
causing possible renewed happen we typically see severe
flooding issues. More than weather attached to this.”
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
A4 | Tuesday, January 3, 2023
Divided Government Makes Its Return Senate
Map Leans
BY KATY STECH FEREK
AND NATALIE ANDREWS
WASHINGTON—A new era
of divided government dawns
this week as the 118th Con-
gress begins, with Republicans
looking to deploy their power
with a fragile majority in the
House and Democrats doing
the same in the Senate.
The House of Representa-
tives will convene on Tuesday,
a date designated by the 20th
Amendment of the U.S. Consti-
tution that stipulates Congress
should begin each new session
at noon on Jan. 3.
The opening session is ex-
pected to kick off two years of
intense political battles over
everything from immigration
policy to inflation to domestic
energy production. With the
economy cooling down and the
war in Ukraine continuing, the
two parties are also expected
to spar over the amount of
money dedicated to strength-
ening the U.S. military’s posi-
tion against Russia and China,
the best way to stimulate U.S.
manufacturing sectors and
what role the U.S. government
should play in preventing sup-
ply-chain problems.
As a result, the pace of new
legislation is expected to slow
compared with what advanced
under President Biden’s first
two years on issues such as
healthcare, climate, infrastruc-
J. SCOTT APPLEWHITE/ASSOCIATED PRESS
Rep. Kevin McCarthy, shown last month, has served in GOP leadership since 2009 and first made a run for the speakership in 2015.
McCarthy
Vies for
Support
Continued from Page One
cluding immigration policy,
no
Ukraine aid and energy produc-
tion. Lawmakers are also brac-
ing for a fight over the debt
ceiling later this year, with
many Republicans intent on us-
ing the limit to force Democrats
to agree to spending cuts.
About two dozen Republican
members haven’t said how they
would vote for speaker, and
five are firmly against Mr.
McCarthy, citing doubts about
his conservative bona fides, as
well as personal disputes.
Other Republicans have said
the holdouts are undermining
the party and its agenda.
“If we don’t have a speaker
we can’t do any of the things
that all of us want to do,” said
Rep. Blake Moore (R., Utah),
who is backing Mr. McCarthy.
“We will either be the party
that comes together to advance
our agenda or let just a handful
make it impossible to accom-
House GOP Plans to Make Changes to Ethics Investigation Office
BY NATALIE ANDREWS
WASHINGTON—House Re-
publicans plan to change the
rules of the ethics office
charged with investigating
lawmakers when the new ses-
sion of Congress begins on
Tuesday.
The House rules package
that incoming GOP leadership
negotiated with members
would impose changes on the
Office of Congressional Ethics,
or OCE, regarding its board
and hiring new staff, poten-
tially limiting the office’s abil-
P W L C 10 11 12 H T G K R F A M 1 2 3 4 5 6 7 8 9 O I X X **** THE WALL STREET JOURNAL.
U.S. NEWS
ture, veterans’ care and gun publicans said the new agents
control.
Political analysts say con-
gressional leaders could still
would unfairly pursue small-
business owners.
In the near term, House Re-
Republican
find common ground on bipar-
tisan issues such as confront-
ing China’s economic domi-
publicans are expected to
launch investigations into the
origins of Covid-19, and conduct
In 2024
nance and reining in Big Tech, oversight hearings on the per- BY ELIZA COLLINS
whether by breaking up large formance of many of Mr. Bi- AND AARON ZITNER
companies through antitrust den’s cabinet secretaries, in-
measures, coming up with pri- cluding Homeland Security With a new Congress set to
vacy rules for handling user Secretary Alejandro Mayorkas, begin, both parties are already
MARIAM ZUHAIB/ASSOCIATED PRESS
data, or changing conse- over what Republicans call lax looking to 2024, when Senate
ROD LAMKEY/CNP/ZUMA PRESS
quences they face for hosting U.S. border policy. The Over- Democrats will have to defend
controversial content. sight Committee also plans to nearly half of their members
Sarah Binder, a political-sci- investigate the business deal- and compete on turf that has
ence professor at George Wash- ings of Mr. Biden’s son, Hunter become more difficult for the
ington University, said divided Biden. Democrats have sug- party to win.
government will make it harder gested Republicans plan to fo- Senate Democrats will have
to solve problems such as cli- cus on partisan investigations a 51-49 seat majority, includ-
mate change, immigration and rather than substantive issues. ing independents who caucus
funding Social Security and Rep. Hakeem Jeffries of New York, left, will succeed Rep. Nancy Democrats have already se- with them. In the House, Re-
Medicaid. Republicans have Pelosi as the Democratic leader in the House. Rep. Steve Scalise lected their leadership for the publicans are set to have a
given few signs they are inter- (R., La.), right, is House majority leader-elect in the new Congress. next Congress. Rep. Hakeem 222-212 advantage, with one
ested in compromising with Jeffries (D., N.Y.) is scheduled to vacancy. In 2024, in the Sen-
Mr. Biden on those issues. “You sion, with 212 for Democrats letter sent to Republican col- succeed Rep. Nancy Pelosi of ate, Democrats and indepen-
end up bucking problems to the and one vacancy. leagues on Friday. California as the party’s leader, dents who caucus with them
future, and they get worse and House Republicans have laid The first vote they plan to making him the first Black per- are expected to defend 23
harder to solve,” she said. out their focus in a plan dubbed take will be to repeal the fund- son to lead a major political seats, compared with 11 for
The crucial task at the out- the “Commitment to America.” ing for the Internal Revenue party in Congress. Republicans.
set of a new session will be It calls for four main themes: Service that was included in Any GOP legislation passed Increasingly, voters are
electing a new speaker, a vote fighting inflation and curbing legislation passed by Demo- by the House would need to making Senate choices that
that will highlight divides not costs; reducing crime and se- crats last August known as the also be approved by the Senate, align with their presidential-
just within the House but also curing the border; a freedom- Inflation Reduction Act. It pro- where Democrats will control 51 election choices, and every
the Republican Party. GOP themed category related to vided $80 billion to the IRS for seats and most bills require 60 GOP Senate seat on the ballot
leader Kevin McCarthy of Cali- schools; and a focus on ac- expansion of tax enforcement, votes to advance. Mr. Biden can in 2024 is in a state that was
fornia has been working fran- countable government. and the administration said also veto legislation he opposes. won by then-President Donald
tically to get the 218 votes “The American people spoke last year that could include hir- Senate lawmakers are sched- Trump in 2020 by at least 3
needed—if all House members on Nov. 8 and decided it was ing 87,000 new employees. uled to convene Tuesday, but percentage points. Three of
are present—in a roll-call time for a new direction,” Democrats said the bol- without a substantive agenda. the Senate seats that Demo-
vote. Republicans will have House Majority Leader-elect stered IRS would bring the After Tuesday, they don’t meet crats are defending are in Re-
222 members to start the ses- Steve Scalise (R., La.) said in a country needed revenue. Re- again until Monday, Jan. 23. publican-dominated states: Mr.
.
Trump won West Virginia in
2020 by 39 percentage points,
ly
Montana by 16 points, and
Ohio by 8 points.
Additionally, five contests
on are in states that President Bi-
den won by less than 3 per-
centage points: Arizona, Ne-
vada, Michigan, Pennsylvania
and Wisconsin.
us ,
The 2024 election includes a
l
presidential race, which means
e
al a
the fate of Senate candidates
will be intertwined with that of
their party’s nominee.
ci on
Among Democrats, neither
West Virginia Sen. Joe Man-
chin nor Sen. Jon Tester of
Montana has said whether he
will run for re-election. Sen.
er s
Sherrod Brown of Ohio has
said he would run again.
m er
Democrats say the 2022 re-
sults give them some hope for
the next election.
“There’s no question 2024 is
a challenging map, but if this
m rp
past cycle has taught us any-
thing, it’s that the map alone
doesn’t determine results,”
said J.B. Poersch, the president
of a super PAC aligned with
co Fo
Senate Majority Leader Chuck
Schumer (D., N.Y.).
Republicans are eager not
to repeat mistakes made in the
midterm elections.
plish that agenda.”
The House is scheduled to
convene on Tuesday at noon. Af-
Should Republicans remain
gridlocked after several ballots,
many lawmakers and aides ex-
Mr. McCarthy has served in
GOP leadership since 2009. He
first made a run for the speak-
Mr. McCarthy has offered to
change rules to allow five law-
makers to bring a “motion to
“Democrats will be playing
whack-a-mole in red and pur-
ple states to defend their Sen-
ter a prayer and the Pledge of
Allegiance, there is to be a quo-
rum call to check attendance.
pect the conference to call an
emergency meeting to debate
in private. If it is clear that Mr.
ership in 2015, which failed af-
ter he made what was widely
seen as a gaffe in a TV inter-
vacate the chair,” a procedure
that could lead to a speaker
losing his job if he upset a
ate majority in 2024,” said
Steven Law, the president of a
super PAC aligned with Senate
From there, the speaker vote is
slated to start, with nomination
McCarthy can’t sway his de-
tractors, an alternative candi-
view about House Republicans’
investigation into the 2012 at-
handful of members. Under
current rules, only party lead-
Minority Leader Mitch McCon-
nell (R., Ky.).
n-
speeches. Mr. McCarthy will be date could emerge. That could tack on U.S. government facili- ers can bring such a motion. The Senate map’s GOP tilt
nominated by Republicans, and be Rep. Steve Scalise of Louisi- ties in Benghazi, Libya. Paul Mr. McCarthy said in a letter is shaped in large part by a
Democrats will nominate their ana, the current minority whip, Ryan took the job instead. Mr. to Republicans on Sunday that trend that has become in-
choice for minority leader, Rep. who is set to be majority leader McCarthy has led the party as he is striving for ideological bal- creasingly powerful in recent
Hakeem Jeffries of New York. in the new Congress. He has minority chief since 2019. ance on committees, meaning years: Voters who favor one
The winner will succeed Nancy said he is firmly behind Mr. While some Republicans sup- that hard-line conservatives party don’t often cross the
Pelosi of California, who led porting Mr. McCarthy cite his might get the positions they have partisan lines to back a candi-
Democrats for two decades and longtime experience in leader- asked for on top committees. date from the other party.
was the first woman to lead the ship, his detractors said he has In a statement dated Sunday, As recently as 2006, about
chamber.
About two dozen been too eager to work with nine House Republicans wrote one-third of Senate races were
If a candidate doesn’t win a Republicans haven’t Democrats, an impression he that Mr. McCarthy hadn’t yet won by candidates of a party
majority of House members, tried to erase with his opposition satisfied their demand for different from that of their
another roll-call vote is taken.
said how they would to the bipartisan omnibus spend- changes to how the House op- state’s most recent presiden-
Both Mr. McCarthy’s supporters vote for speaker. ing bill that passed in December. erates. “Thus far, there con- tial pick, compared with only
and opponents have indicated “He’s part of the swamp car- tinue to be missing specific one race out of 34 in 2022,
they think the vote could go to tel,” Rep. Bob Good (R., Va.), a commitments with respect to data collected by the Pew Re-
a second ballot. In 1923, it took McCarthy detractor, told Fox virtually every component of search Center show.
nine ballots to select a speaker. McCarthy. It could also be a News on Monday. He predicted our entreaties,” said the state- “Back in the day, people
“He’s not going to get it on well-liked member who isn’t that as many as 15 Republicans ment, signed by Rep. Scott would say, ‘OK, I vote this way
the first ballot,” said Rep. now in leadership. would vote for a candidate other Perry (R., Pa.), chairman of the in the presidential election,
Ralph Norman, a South Caro- The House speaker dictates than Mr. McCarthy on the first conservative House Freedom but I really like this guy for
lina Republican opposing Mr. which bills make it to the floor ballot. Those candidates will Caucus, and others. the Senate, or this guy has
McCarthy, in an interview. His and is responsible for shep- likely vote for Rep. Andy Biggs Centrist Republicans and been my representative for a
objection stems from what he herding must-pass legislation, (R., Ariz.) the first time, but on others said they would only long time, and I’ll vote for him
said is a lack of a plan to lower such as spending bills, that typ- the second ballot, he said they agree to the rules change if it though he’s from the other
the country’s debt. “The cancer ically need bipartisan support, have a consensus candidate. brought Mr. McCarthy the party,” said Drew DeSilver,
in this country is spending. He and negotiating with Senate “You’ll see that name tomor- votes he needs, according to who gathered the data for the
just hasn’t got a plan for it. His leaders and the White House. row on that second ballot,” he two people on a conference call Pew Research Center. “In-
history has not been to really Democrats continue to control said, declining to name who of House Republicans on Sun- creasingly, that’s not the
focus on that.” the Senate. that was. day afternoon. case.”
ity to investigate lawmakers. dismisses them or refers them sumer advocacy organization. quire approval of four board though it provided no details
The new rules would also al- to the House Ethics Commit- The rules package released members. about the case.
low the House Ethics Commit- tee. While lawmakers from by House Republicans and set The proposed changes come The House Ethics Commit-
tee to take complaints directly both parties have at times for a full House vote on Tues- as Republican lawmakers have tee, composed of members of
from the public. complained that the OCE has day would place term limits on faced scrutiny over any in- Congress, is traditionally slow
Representatives for both too much power, advocates see the eight-person OCE board, volvement in the Jan. 6, 2021, and hesitant to punish law-
the Republican and Demo- the office as integral for re- an action that would remove riot at the Capitol, and Rep.- makers. When OCE refers a
cratic leaders on the Ethics views of complaints about three of four Democratic elect George Santos (R., N.Y.) complaint to the House for
Committee didn’t respond to a misconduct and criticized the board members. The new rules faces questions about his further investigation, the in-
request for comment about proposed changes. would also limit OCE from hir- background, after he admitted vestigation can become public,
the rules changes. “These are measures that ing any staff after 30 calendar fabricating parts of his per- shining a light on allegations.
The OCE is a nonpartisan, will render the ethics office in- days from when the rules sonal and work history. Last The OCE was established in
independent body charged effectual and which no member, package is approved, meaning month, the House Ethics Com- 2008 to address corruption in
with reviewing allegations of from either party, should sup- the office couldn’t hire new mittee disclosed it is investi- Congress. It has referred 52
misconduct against House port,” said Craig Holman, gov- people after a month from gating a complaint regarding Democrats and 50 Republicans
lawmakers and staff. After it ernment affairs lobbyist with Tuesday. Any new hires after Rep. Alexandria Ocasio-Cortez to the House Ethics Committee
looks into complaints, it then Public Citizen, a nonprofit con- the rules are passed would re- (D., N.Y.), referred by OCE, for further review.
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

THE WALL STREET JOURNAL. Tuesday, January 3, 2023 | A5

U.S. NEWS

Magazine to Revamp Parts of Law-School Ranking

BY MELISSA KORN
U.S. News & World Report
is revamping some elements of
its law-school ranking, capitu-
lating to pressure after deans
at more than a dozen top law
schools publicly challenged the
value of the closely followed
list.
In a letter sent Monday to
deans of the 188 law schools it
currently ranks, U.S. News said
it would give less weight in its
next release to reputational
surveys completed by deans,
faculty, lawyers and judges
and won’t take into account
per-student expenditures that
favor the wealthiest schools.
The new ranking also will
count graduates with school-
funded public-interest legal
fellowships or who go on to
additional graduate programs
the same as they would other
employed graduates.
U.S. News said its rankings
team held meetings with more
than 100 deans and other law-
school administrators in re-
cent weeks. They embarked on
the listening tour after Yale
Law School—perennially
ranked No. 1—said it would no
longer provide information to
help U.S. News compile its list.
“The U.S. News rankings are
profoundly flawed,” Yale Law
Dean Heather Gerken said at
the time. “Its approach not
only fails to advance the legal
profession, but stands squarely
in the way of progress.”
Harvard Law School fol-
lowed suit the same day, and
by the end of that week the
law schools at Georgetown,
Columbia, the University of
California, Berkeley and Stan-
ford joined in the movement to
disengage from the rankings.
Ultimately, 12 of the top 14
schools said they wouldn’t
provide U.S. News with any ad-
ditional information it might
use to run the rankings. Some
law schools that said they
would continue to share the
requested information also of-
fered sharp criticism of the ex-
isting system.
Robert Morse, U.S. News’s
chief data strategist, and
Stephanie Salmon, senior vice
president for data and infor-
mation strategy, spent much of
December in Zoom meetings
with scores of deans.
“Based on those discus-
sions, our own research and
our iterative rankings review
process, we are making a se-
ries of modifications in this
year’s rankings that reflect
those inputs and allow us to
publish the best available
data,” they wrote in Monday’s
letter.
The shift in methodology
may be due in part to neces-
sity. Though U.S. News pulls
much of its data from the
American Bar Association and
said it would rank schools
whether or not they cooper-
ated, it relies on schools to
provide the spending figures
and to complete peer-review
surveys.
The survey completed by
academics counted for 25% of
the total score last year, while
another for judges, law-firm
hiring partners and other at-
torneys made up 15% of a
school’s score. A U.S. News
spokeswoman declined to say
what weight those would carry
in the coming ranking.
Mr. Morse and Ms. Salmon
said they also heard concerns
in their meetings about how
U.S. News considers diversity
and loan forgiveness and po-
tentially encourages awarding
scholarships based on LSAT
scores rather than on financial
need. They wrote in the Mon-
day letter that those issues
“will require additional time
and collaboration to address”
so won’t be overhauled now.
U.S. News said it would of-
fer more detailed profiles of
schools that do provide re-
quested information, a poten-
tial incentive for institutions
worried about falling off the
radar of prospective students.
Several deans said in inter-
views that U.S. News would be
in a tough spot if it punished
schools that abstained too
harshly.
“If the top 15 schools sud-
denly drop down to No. 50, the
rankings don’t have much
credibility,” said Russell Ko-
robkin, interim dean of the law
school at the University of Cal-
ifornia, Los Angeles.

Key Raw
Materials TH I S H O LI DAY SEA S O N . . .
Stockpile
Gets Boost FILL BELLIES, NOT LANDFILLS
BY KATY STECH FEREK

WASHINGTON—The U.S.
defense stockpile for hard-to-
get metals and lithium-ion
battery ingredients is getting
a $1 billion boost from Con-

.
gress, as tensions escalate
with China and Russia—with

ly
both nations the source of
some key minerals.
The money was included in
the National Defense Authori-
zation Act, signed Dec. 23 by
President Biden. The funding
is just one component of the
on
NDAA, which sets military ser-
us ,

vice members’ pay and directs

l

the Defense Department which

e
al a

ships, airplanes and weapons

to buy, among other initia-
tives.
ci on

The National Defense Stock-

pile holds raw materials used
in key technologies behind
certain weapons, equipment
and machinery. The stockpile
er s

has nearly been depleted in re-

cent decades, leaving the U.S.
m er

defense-supply chain vulnera-

ble to shortages, according to
defense analysts.
The stockpile’s account had
$262 million as of Sept. 30,
m rp

2021, according to a report re-

leased in February, which de-
fense officials said wasn’t
enough to buy all the needed
materials.
co Fo

Lately, stockpile managers

have been on the hunt for neo-
dymium, cerium and super
strong magnetic material that
comes from rare-earth, or hard
to extract, elements. One exam-
ple: The silvery lanthanum
metal is a critical component in
rechargeable batteries in mili-
tary vehicles and equipment.
“Rare earths are vital to
America’s national defense
and economic security,” said
n-

Sen. Jack Reed (D., R.I.), the

top lawmaker on the commit-
tee that handles the annual
defense policy bill. “Bolstering
The Pratt Foundation is proud
no

our stockpiles and strengthen-

ing our access to strategic ma-
terials is an urgent priority.”
The $1 billion authorization
matches recommendations
from a 2021 White House re-
to support Feeding America®
port on how the U.S. can build
more resilient supply chains
and revitalize U.S. manufactur- by helping to provide
ing. “For too long, the strategic
stockpiles of the U.S. have been
neglected,” the report said.
The move to replenish the
10 million meals* for hunger relief in the
stockpile drew broad biparti-
san support, unlike other ele- To learn more,
ments of the NDAA, such as
Republicans’ successful push
U.S. as well as reduce food waste — including how
to end the military’s Covid-19 you can help, visit
vaccine mandate.
John Ferrari, a fellow at the
a major contributor to landfills feedingamerica.org
American Enterprise Institute,
said the expense was a form of or scan the code
insurance and a way to reduce
a U.S. military vulnerability as
and methane gas emissions
the U.S. tests its relationship
with China, a dominant pro-
vider of mined resources for
new technologies. “I am a be-
liever that the money spent on
national defense to deter war
is money well spent,” he said.
Congress passed a law or-
dering the creation of the Na-
tional Defense Stockpile in
1939 at the onset of World War
II. It is meant to decrease U.S.
dependence on foreign sources
of supplies.
The stockpile held $1.28 bil-
lion worth of materials as of Pratt Industries is one of the largest corrugated box manufacturers in the United States.
Sept. 30, 2021, according to
the latest public report on its Our 100% recycled boxes save money and save the environment.
contents. At that time, it con-
tained about 50 types of mate-
rials, including 666,135 pounds
of cobalt, 167,698 pounds of ti-
tanium alloys and 203 kilo- www.prattindustries.com *$1 helps provide at least 10 meals secured by Feeding
America on behalf of local member food banks.
grams of dysprosium, a rare-
earth element.
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
A6 | Tuesday, January 3, 2023
Jan. 6 Rioters
Are Convicted
At a High Rate
Many of the over 900
people charged in the
2021 Capitol attack
posted on social media
BY ARUNA VISWANATHA
AND SADIE GURMAN
WASHINGTON—In the two
years since a pro-Trump mob
stormed the U.S. Capitol, pros-
ecutors have secured guilty
pleas from more than half the
rioters they have charged,
helping lead to a 99.8% convic-
tion rate.
The Justice Department has
charged more than 900 people,
extracting guilty pleas from at
least 450 of them on crimes
ranging from unlawfully parad-
ing in a Capitol building to as-
sault, obstruction and sedition.
More than 180 rioters have
been sentenced to jail time.
In the days after the riot,
federal investigators appeared
to face a massive task tracking
down the crowd of partici-
pants after law-enforcement
authorities that day let most
of them leave without arrests.
Many there posted their own
actions on social media, and
that, combined with footage
from police officers’ body cam-
eras and Capitol surveillance,
gave investigators a deep trove
of evidence that allowed the
Justice Department to mobi-
lize one of the largest investi-
gations in its history.
About three dozen cases
have gone to trial, and all but
one have resulted in convic-
tions on at least one count,
Debate Over TikTok Ban Enters Heartland Politics
BY STU WOO
One of the earliest public
debates about blacklisting Tik-
Tok in the U.S. isn’t taking
place in Washington. It is hap-
pening in South Dakota’s sec-
ond-most-populous city.
The Rapid City city council
on Tuesday will consider a
proposal to ban TikTok from
city-owned devices and net-
works, and to prohibit city
agencies from using the app.
Championing the idea is a
councilman—and potential
mayoral candidate—who calls
TikTok a security threat.
Opposing the proposal is a
councilwoman who has already
announced her mayoral bid.
She says Rapid City has bigger
problems to solve. She also
says there is little evidence
TikTok poses a threat.
The two sides are squaring
off amid a groundswell of
no
moves by federal and state
politicians to ban the popular
social-media app on govern-
ment-issued devices.
At the heart of the issue is
TikTok’s owner, Beijing-based
ByteDance Ltd. U.S. officials
say the Chinese government
could order TikTok to collect
data on American users or to
control which videos Ameri-
cans view on the app. TikTok
has said it would refuse such
an order, while Beijing has said
Tesla Falls
Short on
Deliveries
Continued from Page One
lion in market valuation as its
stock fell 65%. The company
idled its car factory in Shang-
hai on multiple occasions,
early on because of local pan-
demic restrictions, then again
in December as it faced a
wave of Covid-19 infections
among workers and suppliers.
Mr. Musk suggested last
month that higher interest
rates were hurting vehicle de-
mand. In a year-end sales
push, Tesla offered discounts
to many buyers who agreed to
take delivery of vehicles be-
fore January.
“Tesla is facing a signifi-
cant demand problem,” Bern-
though prosecutors have lost
on other charges.
The conviction rate, which
includes pleas, is higher than
the Justice Department attains
across all of its cases. In the
year that ended in September
2019, before the coronavirus
pandemic halted most trials
for more than a year, around
92% of the nearly 85,000 de-
fendants adjudicated were con-
victed, according to Justice
Department statistics.
That record could be tested
when prosecutors are sched-
uled to open their case this
week against several members
of the right-wing Proud Boys,
including the group’s former
leader, Enrique Tarrio, on
charges including seditious
conspiracy. The defendants
have said their participation in
the riot wasn’t part of a pre-
meditated plan that hinged on
violence. Prosecutors face a
high bar in securing a convic-
tion on sedition because it re-
quires them to prove there was
a conspiracy to attack govern-
ment agents or officials that
posed an imminent danger. Ju-
rors delivered a mixed verdict
in a similar trial of members of
the Oath Keepers militia. While
all of them were convicted of
felonies that carry heavy sen-
tences, three of them were ac-
quitted of sedition charges.
Busy courthouse
on
Prosecutors have suggested
us ,
they might charge hundreds
l
more in connection with the
e
al a
Jan. 6, 2021, attack. In most
weeks over the past year, the
investigation has taken over
ci on
er s
m er
U.S. officials are spreading
misinformation about TikTok.
The moves are reminiscent
of the bans and other restric-
tions slapped on another Chi-
m rp
nese tech giant, Huawei Tech-
nologies Co. The Trump and
Biden administrations, alleging
similar national-security issues,
used export controls and diplo-
co Fo
macy to effectively ban the cel-
lular-equipment maker in the
U.S. and to lobby allied coun-
tries to do the same.
The big difference with Tik-
Tok? It has more than 100 mil-
lion American users, many of
them young. That popularity
threatens to expand the public
debate over any moves beyond
the national-security issues
that ensnared Huawei.
The Biden administration
n-
and TikTok have been conduct-
ing closed-door negotiations
about how TikTok can continue
operating in the U.S. A recent
Senate proposal to ban TikTok
from government devices
passed unanimously, while
more than a dozen governors
have also recently enacted simi-
lar orders at a state level.
The Senate proposal and
those governors’ orders, how-
ever, have been enacted with-
out substantive public hear-
ings or debate. But in Rapid
City—population 76,000—dis-
cussions over a ban have be-
come a potential election is-
stein Research analyst Toni
Sacconaghi, Jr. wrote in a note
to investors Monday.
The car maker might need
to cut vehicle prices by $1,800
to $4,500 relative to third-
quarter 2022 levels, he wrote.
Demand problems will continue
until Tesla introduces a lower-
priced vehicle in high volume,
which isn’t on the horizon in
the near term, he wrote.
Meanwhile, Mr. Musk’s in-
volvement with Twitter Inc.,
the social-media company he
acquired in a deal valued at
$44 billion, has frustrated
some investors and alienated
some potential Tesla buyers.
The Tesla chief executive has
liquidated more than $39 bil-
lion of Tesla stock since the
shares peaked in November
2021, linking some of those
sales to Twitter.
Amid the turmoil, Mr. Musk
has emphasized his view of
Tesla’s potential.
“Long-term fundamentals
are extremely strong. Short-
U.S. NEWS
The Justice Department has charged more than 900 people in the Jan. 6, 2021, attack on the Capitol by a mob of Trump supporters.
much of the federal courthouse
in Washington, with multiple
trials running at the same time
and hearings in dozens of
cases. An active grand jury in-
quiry is still under way.
Special counsel Jack Smith
is examining the role Mr.
Trump and his senior circle
played in trying to overturn
the 2020 election results after
Mr. Trump urged his support-
ers to amass at the Capitol in
protest while lawmakers were
certifying President Biden’s
win. Mr. Trump has described
the investigation of his actions
as an effort by political oppo-
nents to undermine him, and
he has suggested that if he
wins the White House again in
2024, he might pardon some
of the rioters charged.
“Our work is not done, far
from it,” Deputy Attorney Gen-
eral Lisa Monaco said.
The high conviction rate is
South Dakota Gov. Kristi Noem has banned state agencies from using TikTok on state devices.
sue.
Jason Salamun, the city’s
councilman for Ward 3, said
his interest in the topic was
piqued in September, when
South Dakota’s Republican con-
gressman, Dusty Johnson, in-
troduced the “Block the Tok
Act,” which would ban the in-
stallation of TikTok from fed-
eral devices.
Then in November, South
Dakota Gov. Kristi Noem, a Re-
publican, issued an executive
order banning state agencies,
employees and contractors
FROM PAGE ONE
term market madness is unpre-
dictable,” he tweeted Friday.
Tesla’s stock-price decline
has dented Mr. Musk’s per-
sonal wealth. Mr. Musk is now
worth around $137 billion,
down more than $130 billion
from a year earlier, according
to the Bloomberg Billionaires
Index. Last month, Mr. Musk
ceded the unofficial title of
world’s richest person to Euro-
pean mogul Bernard Arnault.
Though Tesla’s annual
growth slowed in 2022, the
company’s fourth-quarter de-
liveries marked a new quar-
terly high. Tesla said it deliv-
ered a combined 1.25 million
Model 3 sedans and Model Y
crossover vehicles in 2022. Of
those, 388,131 of them were in
the fourth quarter. It also de-
livered 66,705 Model S sedans
and Model X sport-utility vehi-
cles combined, 17,147 of them
in the final three months of
the year, and a first batch of
semitrailer trucks.
The company produced 1.37
in part attributable to the vi-
sual evidence defendants
themselves often provided by
posting their actions in real
time on social media, former
prosecutors said. The FBI has
also been aided by friends, rel-
atives and public sleuths who
have offered tips and identi-
fied many of the rioters for in-
vestigators.
“They have lots of really
good evidence to put together
solid cases,” said Billy Wil-
liams, a former U.S. attorney in
Portland, Ore., who was in of-
fice in 2020, when more than
100 people were arrested in
protests over racial injustice,
some of which turned violent
near a federal courthouse.
About half of those cases were
ultimately dismissed within a
year.
About 3% of those charged
in the Jan. 6 cases have opted
for criminal trials rather than
from using TikTok on state de-
vices. Mr. Salamun said that
action inspired him to look
into doing something similar
for Rapid City. He said he talked
to the governor’s staff to better
understand the issue and stud-
ied warnings from the Federal
Bureau of Investigation.
“With these agencies and
our Congress and state saying
it’s a threat, it’s something we
should be having a conversa-
tion about,” Mr. Salamun said.
“I just think it’s logical.”
Some peers on Rapid City’s
Tesla's quarterly deliveries
400 thousand
405.278
300
200
100
0 This year is poised to fur-
2018 ’19 ’20 ’21
Sources: FactSet; the company
million vehicles in 2022, up
47% from a year earlier.
Wall Street expects Tesla’s
2022 sales growth to lift an-
nual revenue more than 50%
from a year earlier to top $82
THE WALL STREET JOURNAL.
SAMUEL CORUM/GETTY IMAGES
plea deals since the first jury Rioters have tested out
verdict was reached in March. other defenses, arguing they
They pursued a range of de- felt caught up in an event simi-
fenses, including that they lar to Black Friday consumer
were swept up in the moment mania or were part of a larger
or wanted to heed Mr. Trump’s movement.
call to protest the certification Riley Williams, a 23-year-
of Mr. Biden’s election victory. old Pennsylvania woman, be-
They have seen little success. came obsessed with far-right
politics during the months be-
Wide latitude fore the 2020 election, accord-
Judges have largely given ing to testimony from friends.
.
prosecutors broad latitude. At the riot, she made it to the
U.S. Circuit Judge Justin office of House Speaker Nancy
ly
Walker, who was appointed to Pelosi, encouraged rioters to
the bench by Mr. Trump, in steal Mrs. Pelosi’s laptop and
December criticized a defense pushed against police officers.
lawyer trying to argue that
prosecutors overreached in us-
ing a statute that had only
been used in very different
“She lived in a fantasy
world of sorts,” her lawyer, a
federal public defender from
Harrisburg, Pa., told Washing-
contexts previously. ton jurors in November. She
“It shouldn’t be surprising was ultimately convicted of
that there’s no precedent for a several charges including as-
prosecution,” he said, citing saulting officers, but jurors
the singular nature of the Jan. couldn’t reach a verdict on
6, 2021, attack. other serious counts.
cently announced her own
mayoral bid. She said there are
bigger issues the city needs to
deal with. “We have an in-
crease in crime,” said Ms.
Armstrong, who calls herself a
centrist Democrat. “We have
an issue with meth.”
She said once she realized
the proposal was serious, she
MATT GADE/RAPID CITY JOURNAL/ASSOCIATED PRESS
researched the potential rami-
fications. She found that the
city’s exhibition center could
lose business because con-
tracts with musicians require
the venue to promote gigs via
TikTok, she said. The city’s fire
and police departments use
TikTok to recruit, and the
Solid Waste department has an
official TikTok account.
Ms. Armstrong said she
isn’t convinced TikTok poses a
security threat that requires
the city council’s intervention.
10-person council believe “With lack of evidence, it’s al-
something else is motivating most like Chicken Little: ‘The
him: They believe he wants to sky is falling!’” Ms. Armstrong
run in June’s nonpartisan may- said at a Dec. 28 meeting of
oral election. Mr. Salamun, a the city council’s legal-and-fi-
conservative, said he hasn’t nance committee. She said she
yet decided whether to run for was also concerned that ban-
mayor but that the TikTok ning city agencies from TikTok
proposal is about security, not would make it harder for the
politics. government to interact with
As Mr. Salamun tried to young people.
drum up support for his pro- That meeting ended with
posal, another council member Mr. Salamun winning the first
said she didn’t believe it. “I round. The committee voted
didn’t think he was serious,” 3-2 to advance the proposal to
said Laura Armstrong, who re- the Tuesday council meeting.
4Q’22
billion, according to analysts
surveyed by FactSet. Analysts
forecast profit will have more
$7,500 tax credit because of a
measure known as the Infla-
tion Reduction Act that Presi-
than doubled from 2021, to dent Biden, a Democrat,
nearly $13 billion. Tesla, still signed into law last year. The
the world’s most valuable car law lifted an earlier produc-
company, is expected to report
fourth-quarter results on Jan.
25. It also scheduled an inves-
tion cap that prevented Teslas
from qualifying for the credit.
Tesla also is poised to enter
tor day for March 1. the lucrative pickup-truck seg-
The company remains dom- ment with its previously un-
inant in the U.S. electric-vehi- veiled and long-awaited Cy-
cle market, with around 61% bertruck, challenging the likes
market share as of the third of Ford Motor Co. and Rivian
quarter of 2022, according to Automotive Inc., which are al-
S&P Global Mobility. But its ready selling electric pickups.
lead shrank in recent quarters The company is aiming to
as rivals introduced more bat- sell 20 million vehicles annu-
tery-powered alternatives. ally by 2030, a feat that would
make it the largest car manu-
ther test Tesla’s ability to facturer by volume by a wide
’22
maintain its pace of growth in margin. To do so, Tesla is
the face of economic uncer- likely to need about a dozen
tainty, higher interest rates factories, Mr. Musk has said.
and more competition in the He said last month that the
electric-vehicle market. company was close to picking
Countering those chal- a new manufacturing site.
lenges, as of Jan. 1, some pro- Analysts expect Tesla to de-
spective Tesla buyers in the liver nearly 2 million vehicles
U.S. are likely to qualify for a in 2023, according to FactSet.
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
THE WALL STREET JOURNAL.
CHINATOPIX/ASSOCIATED PRESS
Patients arriving at a hospital in Suining in Sichuan province on Saturday. In recent weeks, China’s cities have seen hospital emergency rooms fill up as Covid cases soar.
New Year Covid-19 Alarm Sounded
Chinese official warns
that lifting of controls
puts rural areas at risk
as holiday travel surges
BY ELAINE YU
HONG KONG—A top Chinese
public-health official warned of
widespread Covid-19 outbreaks
across the country’s more vul-
nerable rural areas as millions
of citizens prepare to travel
home for the coming Lunar
New Year holiday.
Infections have exploded
across China after authorities
in November and December
abruptly scrapped almost all
the country’s stringent pan-
demic controls amid a sharp
economic downturn and rare
nationwide protests against
the zero-Covid policy that has
governed daily life for the past
three years.
Businesses Adjust as Controls End
BY DAN STRUMPF
AND LIZA LIN
After three years of “zero-
Covid” economic disruption,
many Chinese businesses awoke
to a happy new reality in De-
cember: No more restrictions.
But before they can take
advantage, business owners in
the world’s second-largest
economy say, they have to get
their supply chains in order
after a topsy-turvy time
capped by this abrupt rever-
sal—and withstand a wave of
Covid-19 cases sweeping
no
through employee ranks.
“Everyone fell ill almost at
the same time,” said Hong Bin-
bin, manager of toy maker
Shenzhen Jiaoyang Industrial
Co., describing an early Decem-
BLOOMBERG NEWS
ber Covid surge that took out
90% of his staff in two weeks.
The labor shortage forced him
to delay a shipment of custom
toys to a South Korean client
to a January delivery date
from the original Dec. 25.
Mr. Hong, who himself
caught the virus at the end of
December, said he felt helpless
and frustrated at the lack of
warning and follow-up guid-
ance around the dismantling
of the stringent Covid restric-
tions. Now, he is concerned
that clients, fearing a wave of
reinfections in the southern
metropolis of Shenzhen, may
withhold orders.
Since China’s last major re-
strictions were scrapped on
Dec. 7, the pandemic has spread
quickly across the country.
Businesses describe being un-
prepared for the sudden end to
widespread testing, mass quar-
antines and city lockdowns,
and the labor shortages that
followed as workers fell sick.
Manufacturing and service-
sector activity fell in Decem-
ber to their lowest levels since
February 2020, when the virus
first spread across the coun-
try, the government reported
Saturday. Economists say
these struggles could ripple
across supply chains and af-
fect the global economy.
“The world is connected
through China-centric supply
chains,” said Stephen Roach, a
senior fellow at Yale Univer-
Beijing’s sudden pivot from
its strict pandemic measures
came just weeks ahead of the
weeklong Lunar New Year hol-
iday, which begins this year on
Jan. 21.
Tens of millions of Chinese
people typically travel across
the country to celebrate the
holiday with their families,
and for many people, it is the
on
one time of year that they
us ,
travel. The annual ritual has
l
largely been put on hold for
e
al a
the past three years, as pan-
demic measures tended to
tighten during the cold winter
ci on
months and authorities urged
the public to celebrate the hol-
iday where they were.
That has raised expecta-
tions for Lunar New Year
er s
travel this year—the first
without stringent Covid re-
m er
strictions—and for what some
economists have dubbed “re-
venge spending” and “revenge
travel,” as people make up for
m rp
co Fo
n-
A restaurant in Beijing last week. Some restaurants say business has dropped as Covid cases rise.
sity and former Asia chairman
at Morgan Stanley. “Any ‘kink’
in those chains spells trouble
for global production and the
world economy.”
But the prospect of a large
number of cases in January—a
time of year when business ac-
tivity is disrupted anyway, by
the Lunar New Year holiday—
has many in the manufactur-
ing and service sectors opti-
mistic that normalcy could
come as soon as the beginning
of February.
“It sounds strange, I think
it’s rather helpful than harm-
ful,” said Andreas Nagel,
Shanghai-based chief commer-
cial officer at Stulz, a maker of
climate-control equipment
that was hit in December by a
wave of Covid absenteeism.
“We have a real chance of get-
ting back to normal after Chi-
nese New Year.”
Restrictions are coming
down as overseas demand for
Chinese-made goods stagnates,
with November exports down
from a year earlier at the
steepest pace in more than two
years. Philip Richardson, owner
of Trueanalog Strictly OEM, a
manufacturer of audio equip-
ment in Panyu, just outside the
WORLD NEWS
lost opportunities.
“What we’re most worried
about is that it’s been three
years and people haven’t gone
home to spend the New Year,”
Jiao Yahui, head of the Na-
tional Health Commission’s
medical administration bu-
reau, told a program on state
broadcaster China Central
Television. “There could be a
retaliatory rush of people from
the cities to the countryside,”
she said.
In recent weeks, China’s
biggest cities have seen hospi-
tal emergency rooms and cre-
matoria fill up as the country’s
elderly population, whose vac-
cination rates lag behind those
of their younger counterparts,
contracts Covid in large num-
bers.
But experts say the problem
is likely to be far more acute
in China’s vast countryside,
where doctors and nurses are
less prepared for Covid and
southern manufacturing hub of
Guangzhou, said his company
faces a double whammy: Covid-
induced disruptions and a
painful downturn in the busi-
ness cycle, both radiating
through the supply chain.
Overseas customers are
generally overstocked after
bottlenecks in China’s supply
chain finally opened up earlier
in 2022, said Mr. Richardson.
In the absence of mass test-
ing, it is hard to track the vi-
rus’s advance. But conversa-
tions with business owners
scattered across the country
suggest it spread quickly across
northern China early in Decem-
ber before moving to Shanghai
and southern China.
In the central city of Zheng-
zhou, employees at Apple
Inc.’s largest iPhone contract
manufacturer, Foxconn Tech-
nology Group, have described
a relatively rapid spread of the
virus through the workforce,
though analysts and people in-
volved in the supply chain be-
lieve that production is begin-
ning to catch up to demand for
the costlier Pro models.
Many plants, hit by waves
of infections, have brought
forward planned Lunar New
medical facilities are poorer.
Ms. Jiao said health author-
ities are working to coordinate
transportation and medical re-
sources to help severely ill pa-
tients in less-equipped areas
receive treatment.
In a Dec. 29 article pub-
lished in Frontiers of Medi-
cine, a medical journal spon-
sored by China’s Ministry of
Education, a team of research-
ers warned that some prov-
inces in central and western
China and in rural areas would
be hit by a wave of infections
in mid- to late-January.
The duration and magni-
tude of the coming outbreak
“could be dramatically en-
hanced by the extensive trav-
els” during the Lunar New
Year, the researchers wrote.
Adding to the concerns, au-
thorities are planning to re-
move quarantine and other re-
quirements for international
travel next week, effectively
Year production halts.
The labor crunch is hitting
the service sector as well.
Shanghai Disneyland said its
theme park, with its workforce
reduced, has shut or scaled
back some live shows, attrac-
tions and restaurants. The
theme park didn’t respond to
a request for comment.
Covid is also keeping cus-
tomers away from some busi-
nesses. Xu Hengqiang, who
sells rice noodle rolls in Shen-
zhen’s populous Bao’an district,
said orders in the last week of
December were a fraction of
the usual as cases in the city
continued to rise. Delivery or-
ders and walk-in customers to-
taled about 90 on Wednesday
and again on Thursday, he said,
compared with about 500 on a
typical day.
Mei Zhang, a 30-year-old
cafe owner in Shenzhen, said
delivering food and roasted
coffee beans to her clients had
become unusually challenging
since restrictions were lifted.
“Delivery men are mostly
Covid-positive now,” said Ms.
Zhang.
—Grace Zhu, Zhao Yueling
and Rachel Liang
contributed to this article.
Tuesday, January 3, 2023 | A7
Australia
Says China
Travelers
Must Test
BY STUART CONDIE
SYDNEY—Australia has
joined the growing list of coun-
tries to implement Covid-19
testing for travelers from China,
citing a lack of information
from China following its relax-
ation of measures designed to
slow the spread of the virus.
Starting Jan. 5, travelers to
Australia from China will have
to submit a negative Covid-19
test before departure, Austra-
lia’s government said Sunday.
China is a key trading partner
for Australia and was its larg-
est source country for visitors
before the pandemic, account-
ing for 1.4 million of 9.5 mil-
lion arrivals in 2019.
Australia’s government said
the measure was in response
to what is called a significant
wave of Covid-19 infections in
China and the potential for
new variants to emerge. The
decision, which covers Hong
Kong and Macau, follows simi-
lar measures by countries in-
cluding the U.S. in the wake of
China’s sudden easing of long-
standing restrictions.
reopening the country’s bor- Australian Health Minister
ders even as infections ex- Mark Butler said that the gov-
.
plode within the country. ernment welcomes the re-
That has prompted several sumption of travel between
ly
countries, including the U.S., Australia and China, and that
Japan and France, to impose high local levels of vaccination
travel requirements on pas- mean there is no immediate
senger arrivals from China.
Beijing has expressed its dis-
pleasure at such measures,
and urged countries to act in
threat to Australians. The de-
cision to impose testing was
guided by an abundance of
caution, the minister told a
what it called “a science-based media conference on Sunday.
and proportionate manner.” “The Australian govern-
Meanwhile, Hong Kong offi- ment shares the concerns that
cials are preparing to reopen have been expressed over re-
its borders with the mainland cent days by a number of
in phases as early as Jan. 8, other governments, and im-
the date of China’s planned re- portantly by the World Health
moval of international travel Organization,” Mr. Butler said.
restrictions. The WHO said Friday that it
had met with high-level Chi-
nese officials to seek further
Watch a Video information about what it
Scan this code called a surge in Covid-19
for a video on cases in the country. The WHO
Covid testing said that it repeated its re-
for travelers quest to China for regular
from China. sharing of real-time data.
Xi Acknowledges
Policy Caused Pain
during his annual New Year’s
Eve speech to the nation Sat-
urday. “Everyone is holding on
with great fortitude, and the
light of hope is right in front of
SINGAPORE—China’s leader us.”
Xi Jinping offered a rare ac- In a tacit acknowledgment
knowledgment of the difficul- of protests against Covid-19 re-
ties that three years of pan- strictions in late November, Mr.
demic controls—which were Xi referred to diverse opinions
abruptly lifted this month— among the public and called for
have imposed on the Chinese unity. “Ours is a big country. It
population. He called for more is only natural for different peo-
determination and promised ple to have different concerns
better times ahead. or hold different views on the
“It has not been an easy same issue,” he said.
journey for anyone,” Mr. Xi said —Sha Hua
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 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
A8 | Tuesday, January 3, 2023
North Korea Pledges to Boost Arsenal
Kim says country will
develop ICBM system
and vastly increase
nuclear weapons
BY DASL YOON
SEOUL—North Korean
leader Kim Jong Un vowed to
develop a new intercontinental
ballistic-missile system and
exponentially increase his nu-
clear arsenal, according to
year-end comments published
by state media.
At a meeting of the ruling
Workers’ Party, Mr. Kim called
on the country to beef up its
military strength and boost its
nuclear arsenal to counter
threats from the U.S. and
South Korea. Mr. Kim said the
U.S. and other hostile forces
were “isolating and stifling”
North Korea, calling it “un-
precedented in human his-
tory,” according to the Sunday
state media report.
He ordered the develop-
ment of a new ICBM system
capable of carrying out a quick
nuclear counterstrike. North
Korea has tested a solid-fuel
rocket engine that is central to
quicker deployment of its
Nuclear Assets at Issue in U.S.-South Korea Joint Drills
BY DASL YOON
SEOUL—South Korea is in
discussions with the U.S. on
conducting joint exercises us-
ing nuclear assets, President
Yoon Suk-yeol said, although
President Biden played down
the claim.
Mr. Yoon told a South Ko-
rean newspaper that the aim
of the drills—a prospect that
could significantly escalate
tensions on the Korean Penin-
sula—would be to practice the
implementation of extended
deterrence. South Korea
doesn’t have its own nuclear
weapons, but the country is
protected under what is
known as the U.S. nuclear um-
brella.
“The nuclear weapons be-
long to the United States, but
planning, information sharing,
exercises and training should be
jointly conducted by South Ko-
rea and the United States,” Mr.
Kyiv Hits
Occupied
City in East
Continued from Page One
Russia in December included
Rybar’s founder, Mikhail
Zvinchuk, in a new Kremlin-run
working group producing a
monthly report on the progress
of Russia’s troop mobilization.
The General Staff of
no
Ukraine’s armed forces said
that while the number of Rus-
sian soldiers killed in the
strike in Makiivka had yet to
be determined, a large quan-
tity of military equipment sta-
tioned there was destroyed.
Earlier, Ukraine’s armed
forces—without saying they
were behind the strike—said
400 troops had died and 300
were wounded at the school.
Some Russian military jour-
nalists and bloggers, who em-
bed with the Russian military,
estimated that casualties ranged
from 200 to 600 people, saying
the troops were housed at a vo-
cational school compound.
They and Russian-installed
officials in Donbas said the
strike came at the stroke of
midnight on New Year’s Eve.
Photos of the site have since
spread on Russian social me-
dia. Several of the military
bloggers said the army had
stored ammunition at the same
location that triggered a large
explosion leveling the building.
Military equipment placed
next to the building “without
the slightest sign of disguise”
was also destroyed, said Igor
Girkin, a former Russian intel-
ligence officer who com-
manded irregular Russian
forces in the area in 2014, on
the social-media app Telegram.
The attack caused uproar
among some of the most vocal
supporters of Russia’s war,
who criticized the military for
housing the soldiers in a vul-
nerable location, blaming its
leadership for failing to learn
any lessons since the invasion
last February.
Mr. Girkin described Rus-
Kim Jong Un, center, at a ceremony where super-large multiple rocker launchers were displayed.
long-range missiles. North Ko-
rea’s space agency would also
launch its first military recon-
naissance satellite as soon as
possible, Mr. Kim said.
In his speech, Mr. Kim em-
Yoon said in an interview with
Chosun Ilbo published Monday.
He said Washington was “quite
positive” about the idea.
When asked by reporters at
the White House if he was dis-
cussing joint nuclear exercises
on
with South Korea, Mr. Biden
replied, “No.”
us ,
A spokeswoman for South
l
Korea’s presidential office
e
al a
maintained that the U.S. and
South Korea are in talks over
sharing information and con-
ci on
ducting joint exercises involv-
ing U.S. nuclear assets. Mr. Bi-
den had to say no because the
reporter asked about joint nu-
clear exercises, which is a
er s
term used between nuclear
powers, the spokeswoman said
m er
in a Tuesday statement.
Tensions have risen in re-
cent months on the Korean
Peninsula as the North has ac-
celerated its weapons testing
m rp
and Mr. Yoon has pledged a
tougher stance on Pyongyang’s
co Fo
n-
A Russian attack on Kyiv on Saturday heavily damaged the home of 73-year-old Anatolii Kaharlytskyi, who was injured in the strike.
sian generals as untrainable,
saying he had been warned
the strike could happen at any
time after Ukraine began tar-
geting Russian troop locations
with satellite-guided Himars
rockets over the summer.
It also came as Mr. Putin
and President Volodymyr Zel-
ensky of Ukraine released New
Year’s messages in which each
vowed to push on with the
war, with Mr. Putin casting it
as Russia’s bid to break free
from the influence of the
West, while Mr. Zelensky
vowed to push Russia out of
Ukraine entirely.
Vladlen Tatarsky, a military
blogger who was invited by
Mr. Putin to the Kremlin in
September, called for a tribu-
nal for the Russian military
leadership, describing Russia’s
top officers as “untrained cre-
tins,” in a post on Telegram.
Mr. Putin’s order to call up
some 300,000 new soldiers in
September plugged gaps along
the front line and slowed
WORLD NEWS
phasized his nuclear weapons
could be used for offensive
purposes. In September, North
Korea passed a new law allow-
ing pre-emptive nuclear
strikes. At the time, Mr. Kim
South Korean President Yoon Suk-yeol told a newspaper that
drills with the U.S. could include nuclear assets, but President
Biden denied there would be joint nuclear exercises.
provocations since he took of-
fice in May.
North Korea conducted a
record number of missile
launches last year, including
Ukraine’s advance in the fall,
military analysts said.
But it has also exposed
many of the problems plagu-
ing the Russian military, some
of those drafted have said, in-
cluding weak leadership and
inadequate provision of train-
ing and equipment, resulting
in high casualty rates.
Officials in Russia’s south-
ern Bryansk and Voronezh re-
gions bordering Ukraine,
meanwhile, on Monday said
they had suffered attacks by
Ukrainian drones.
In Bryansk, a drone hit a
power station in the Kli-
movsky district, knocking out
the area’s electricity, the re-
gional governor, Alexander
Bogomaz, said on Telegram.
In Voronezh, the region’s
air defenses shot down an ap-
proaching drone, Russian state
news agencies cited the re-
gional government as saying.
The city government in
Kyiv, meanwhile, said 22
drones were intercepted
* **** THE WALL STREET JOURNAL.
range ballistic missile around
2:50 a.m. on Sunday from the
capital area, Seoul’s military
said. The missile traveled about
249 miles before falling into wa-
ters between Korea and Japan.
Pyongyang conducted a re-
cord number of missile
launches in 2022, including an
ICBM, a submarine-launched
missile and dozens of short-
range ballistic missiles. Of the
more than 270 missile
launches by North Korea since
1984, more than a quarter
came in 2022, according to the
Center for Strategic and Inter-
KOREAN CENTRAL NEWS AGENCY HANDOUT
national Studies, a Washing-
ton-based think tank.
On Saturday, North Korea
had launched three ballistic
missiles from North Hwanghae
Province, south of the capital
Pyongyang, at around 8 a.m.,
according to Seoul’s military.
The missiles flew at an altitude
of around 62 miles and covered
a range of about 217 miles,
Japan’s Defense Ministry said.
North Korean state media
reported that the missile tests
declared he would never aban- on Saturday and Sunday were
don his nuclear weapons. from super-large multiple
The Sunday state media re- rocket launchers, fired to dem-
port followed an overnight mis- onstrate their combat perfor-
sile launch from North Korea. mance. In a speech, Mr. Kim
Pyongyang launched one short- said the multiple rocket
North Korea flew five drones
ly
over South Korean territory.
Pyongyang tested a short-
range ballistic missile Sunday.
Meanwhile, the U.S. and
South Korea have resumed
large military drills after they
SOUTH KOREA PRESIDENTIAL OFFICE HANDOUT
were scaled back under the
two countries’ previous ad-
ministrations. Washington and
Seoul have also strengthened
trilateral cooperation with
Japan, which has said it
planned to raise military
spending in an effort to coun-
ter the rising threats from
China and North Korea.
North Korea’s advances in its
nuclear and missile programs
have renewed debate in South
Korea about nuclear armament.
In his interview with the
South Korean newspaper, Mr.
intercontinental ballistic mis- Yoon said that Washington
siles and submarine-launched was uncomfortable with the
missiles. concept of nuclear sharing,
The regime is showing no which allows countries with-
signs of letting up. Last week, out nuclear weapons to partic-
above the Ukrainian capital. ing several advanced missile-
Others were destroyed out- defense systems.
side the city and in neighbor- The campaign aims to grind
ing regions, Mayor Vitali the civilian population down
Klitschko said. while Russia rebuilds for re-
Energy infrastructure was newed offensives following a
damaged, prompting emergency series of setbacks on the bat-
power outages in Kyiv, private tlefield, Ukrainian officials said.
energy company DTEK said. “They wanted to destroy
The previous night, our energy infrastructure back
Ukraine said it shot down 45 in October, but they couldn’t.
drones, forcing many Kyiv We got more modern air-de-
residents to spend the first fense systems,” said Andriy
hours of the new year in Yermak, the head of the Ukrai-
bomb shelters. nian president’s office. “They
That followed a salvo of put a lot of effort into rockets
missiles earlier on New Year’s and drones in November and
Eve and two other missile and December so that we would
drone attacks in the preceding welcome the New Year in the
days. dark and they failed.”
Despite the increased Russian attacks have caused
tempo of attacks, the impact significant damage to
of the latest barrages appears Ukraine’s power-generation
to have diminished. and transmission systems, but
Since October, Kyiv’s West- Energy Minister Herman Ha-
ern allies have shored up lushchenko expressed confi-
Ukraine’s air defenses against dence the grid would weather
Russian drone-and-missile at- further strikes.
tacks targeting the country’s “For almost three months,
energy infrastructure, provid- our power grid has been oper-
launchers can strike anywhere
in South Korea and carry tacti-
cal nuclear weapons. The
weapon would serve the mis-
sion to “overwhelmingly sub-
due” North Korea’s enemies,
Mr. Kim said, the country’s
main newspaper, Rodong Sin-
mun, reported.
In December, Pyongyang
conducted a launch to evaluate
the performance of compo-
nents of a military reconnais-
sance satellite, set to be com-
pleted by April 2023, according
to state media. It also flew five
drones over South Korean ter-
ritory on Monday, prompting
South Korea’s military to
scramble jet fighters and con-
duct aerial defense drills.
During the party meeting,
Mr. Kim said South Korea had
become “our undoubted en-
emy,” signaling a further esca-
lation in inter-Korean relations.
In 2022, the U.S. and South
Korea resumed large-scale
joint military drills and
strengthened trilateral cooper-
ation with Japan to counter
North Korea’s threat. Mr. Kim
called these “worrying mili-
tary moves” and accused
Washington and Seoul of in-
creasing military pressure on
Pyongyang to the maximum.
.
ipate in the planning of nu-
clear-weapons use, but added
that joint exercises based on
shared information would be
as good as nuclear sharing. Mr.
Yoon told the newspaper the
U.S. nuclear umbrella isn’t
enough to reassure South Ko-
reans in the face of North Ko-
rea’s threat.
The Biden administration
has said it is open to talks with
North Korea but Pyongyang
hasn’t engaged in negotiations.
South Korea has also offered
humanitarian aid and economic
assistance to North Korea, but
Pyongyang hasn’t responded to
the outreach.
Mr. Yoon said he was open
to an inter-Korean summit
aimed at reducing tensions,
and emphasized it was crucial
to resume dialogue on human-
itarian issues first.
“The people are a little fed
up with summits that are just
for show,” he said.
RENATA BRITO/ASSOCIATED PRESS
ating under constant system-
atic shelling. Therefore, we al-
ready have a set of technical
solutions to ensure its stable
functioning,” he said.
Rolling blackouts will con-
tinue over the winter to en-
sure supply, he said.
At the same time, Ukrainian
intelligence officials said Rus-
sia is running low on missiles,
forcing it to rely more heavily
on Iranian-made drones that
are less effective.
Ukraine’s military-intelli-
gence chief, Gen. Kyrylo Bu-
danov, recently said Russia
only has enough missiles left
for two large-scale barrages,
predicting its weapons stock-
piles would be depleted to
critical levels by March.
Vadym Skybitsky, a repre-
sentative of Ukraine’s intelli-
gence directorate, said frag-
ments of missiles
manufactured in late 2022
were being found, indicating
they were being used immedi-
ately after production.
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

THE WALL STREET JOURNAL. * * * * * * Tuesday, January 3, 2023 | A9

WORLD NEWS

Pope to Preside
Over Funeral
BY FRANCIS X. ROCCA
VATICAN CITY—Pope Fran-
cis will preside over the fu-
neral of his predecessor Pope
Benedict XVI on Thursday,
bringing a historically unique
situation—that of two popes
residing practically side by
side in the Vatican—to a simi-
larly unusual close.
The event will be in a much
lower key than the latest pa-
pal funeral, that of St. John
Paul II in 2005, when heads of
state and government flocked
to Rome along with millions
of mourners.
Because Benedict died not
as a sitting pope but after
nearly 10 years in retirement,
praying for Benedict in the
square over the last few days
of his life—as many did for
John Paul—suggests that
those seeking to view his
body in the basilica from
Monday through Wednesday
this week won’t have to wait
long.
Yet Thursday’s funeral,
which will be followed by
Benedict’s burial alongside
other popes in the Vatican
grottoes under the basilica,
will hardly be an ordinary
event.
According to the Rev. Ro-
berto Regoli, professor of his-
tory at Rome’s Pontifical Gre-
gorian University, there is no
record of a sitting pope cele-

BEN CURTIS/ASSOCIATED PRESS

the funeral in St. Peter’s
Square won’t take the liturgi-
cal form reserved for the
death of a pontiff, the Vatican
said. Only two national dele-
gations, that of Italy and
Benedict’s native Germany,
will be officially present at
the funeral.
The absence of devotees
brating the funeral of his pre-
decessor. The closest known
case is that of Pope Pius VI,
who died in exile in France in
1799, and whose “solemn exe-
quies” were celebrated by a
cardinal more than two years
later in the Vatican, with his
successor Pope Pius VII in at- The body of Pope Benedict XVI lay in state at St. Peter’s Basilica on Monday, with thousands of mourners paying their respects. In a
tendance. ceremony unique in modern times, Pope Francis is to preside at the funeral for his retired 95-year-old predecessor on Thursday.

Benedict’s Death Silences Conservative Church Voice

BY FRANCIS X. ROCCA ence” to his more-liberal suc- they see as Francis’ unwar- earned him the nicknames of such liberal overhauls as condemnation of the astrono-
cessor, Pope Francis, Benedict ranted innovations. God’s Rottweiler, the Panzer women’s ordination and the mer Galileo Galilei in the 17th

.
ROME—The death of Pope remained a symbol of continu- On the other hand, Francis Cardinal and the Grand Inquisi- blessing of same-sex relation- century.
Benedict XVI has left conserva- ity for the church’s conserva- may feel free to move ahead tor. But he unabashedly de- ships. Benedict was equally a hero

tive Catholics without their fig-
urehead, amid deep divisions
over how much the church
should adapt to the times or
reaffirm its traditional teach-
ings against the challenge of
secularism.
The retired pope was for
tive currents.
The end of the historically
unique cohabitation of a pres-
ent and former pope in the
Vatican could exacerbate the
tensions within the church.
Some in the Vatican saw
on
Benedict’s presence as useful
us ,
even more boldly without con-
cern for the feelings of the pre-
decessor whom he described as
a “wise grandfather.”
As Cardinal Joseph Ratz-
inger, the future pope gained
wider fame as the Vatican’s
doctrinal chief under St. John
fended his role and that of the
doctrinal office in “The Ratz-
inger Report,” a book-length
interview that brought his
ideas to popular attention
when it was published 1985.
“In a world in which, at bot-
tom, many believers are
ly
That tension was reflected
in double-edged tributes from
German political leaders imme-
diately after the retired pope’s
death. Chancellor Olaf Scholz
recalled him as “an argumenta-
tive personality” and Finance
Minister Christian Lindner de-
to conservatives who cele-
brated him as an eloquent
critic of liberal tendencies
within the church and beyond.
Before his election as pope,
when he took his daily walks
across St. Peter’s Square be-
tween the doctrinal office and

more than three decades a for Francis. The Vatican in Paul II from 1981 to 2005. gripped by skepticism, the con- scribed him as “a not-uncon- his nearby apartment, he was
l

leader in the culture wars that 2018 published comments by He issued numerous docu- viction of the Church that there troversial intellectual.” frequently approached by ad-
e
al a

have shaken the Catholic the retired pope that dismissed ments reaffirming traditional is one truth, and this one truth The late pope was a light- mirers seeking a word or a
Church and wider society since claims of differences with his teaching on matters including can as such be recognized, ex- ning rod for criticism well be- blessing, a former colleague
the late 1960s. He was a living successor as a matter of “fool- sexuality and bioethics and re- pressed and also clearly de- yond the church. In 2008, said.
ci on

symbol, depending on one’s
point of view, of an intolerant
and punitive religiosity or of
stalwart fidelity amid disori-
enting change.
ish prejudice,” and insisted on
an “interior continuity” be-
tween them.
With the retired pope no
longer around to issue such
er s
jecting innovations such as at-
tempts to reconcile Marxism
with the Gospels. The future
pope also investigated and in
some cases censured theolo-
fined within certain bounds,
appears scandalous,” he said.
Benedict was the first Ger-
man to serve as pope in more
than 1,000 years, yet he was an
Benedict canceled a lecture at
Rome’s La Sapienza University,
a public institution, after his
plans to speak there sparked
protests from professors and
Within the church, Benedict
enjoyed special gratitude from
devotees of the traditional
Latin Mass, which had been
practically eliminated in favor

Even during his last decade, disclaimers, conservatives may gians for their deviations from anomaly in his home country, students who cited previous of worship in modern lan-
after pledging his “uncondi- feel less inhibited from speak- orthodoxy. where Catholic bishops and lay comments in which he had guages after the Second Vati-
m er

tional reverence and obedi- ing in his name to contest what Cardinal Ratzinger’s actions leaders are now calling for seemed to defend the Vatican’s can Council of 1962-65.
m rp
co Fo
n-
no
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
A10 | Tuesday, January 3, 2023
Authors
See Empty
Book Events
Continued from Page One
in. Yes, The Fonz himself. “That
is the beginning,” the star
wrote, retweeting her post to
his one million followers. “Then
word gets out and they come!”
She isn’t sure how, but her
online confession had gone viral
and was ricocheting around the
arts and literary world. Thou-
sands were retweeting it, in-
cluding big-name authors. She
had exposed a truth of the pub-
lishing business. Lonely events
are a rite of passage for authors.
“Join the club,” Margaret At-
wood, author of “The Hand-
maid’s Tale” and many other
Europe’s
Fight Over
Power
Continued from Page One
burgh-based Alcoa Corp. is
counting on to power the re-
start of a hulking aluminum
smelter it owns in San Ciprian,
14 miles to the west. Alcoa idled
the smelter in 2021 because of
soaring electricity prices as Rus-
sia began to cut the flow of nat-
ural gas ahead of its invasion of
Ukraine.
Galicia’s regional government
approved the wind farm in No-
vember despite local opposition
by designating it a project of
strategic interest. The park also
needs the approval of Spain’s
national government because of
its large size.
“No one can live so close to a
wind farm,” Ms. Martin said.
Critics say the turbines are a
blight on the landscape, make
noise and cast shadows. “Prob-
ably my business, my way of
life, will disappear,” Ms. Martin
said.
European Union governments
have been replacing coal-gener-
ated electricity with natural gas
and renewables such as wind
and solar in recent years to cut
emissions. Still, bureaucratic
hurdles and local opposition
meant projects take years to
complete.
In 2021, the bloc’s executive
arm proposed a major expan-
sion of renewable energy over
the next decade, from around
20% to 40% of the EU’s total en-
ergy consumption by 2030. Rus-
sia’s invasion of Ukraine, which
more than tripled natural-gas
prices last summer compared to
before the war, led the EU to
raise that target to 45%.
Public interest
France, Germany, Spain and
other governments in Europe
are passing legislation that
would declare renewable energy
an overriding public interest,
sweeping aside obstacles that
no
have slowed wind and solar in-
vestment and reducing the
power of interest groups to de-
lay or block projects.
High energy prices have al-
ready forced the closure of
scores of factories that form the
region’s industrial backbone and
employ tens of thousands. Many
more are at risk, threatening the
supply chains of auto makers,
aerospace firms and other in-
dustrial giants. Economists at
the European Commission ex-
pect the EU economy to con-
tract 0.5% in the quarter that
ended Dec. 31 and 0.1% the fol-
lowing quarter as factories curb
production.
“If the wind farms don’t get
approved, there will be prob-
lems,” said Jose Antonio Zan, a
union leader at the Alcoa plant
in San Ciprian. “In Spain, we
don’t have oil or gas, but we
have wind, and we should use
it.”
In Italy, lawmakers have
reined in the power of the Min-
istry of Culture to challenge re-
newable energy projects under a
new law that has slashed per-
mitting times for new solar
farms in Italy to under a year.
As a result, the number of proj-
ects seeking connection to the
grid has soared.
The Ministry of Culture,
which is charged with preserv-
ing a landscape that is sprinkled
with ancient ruins, often objects
to wind and solar projects, fear-
ing they could damage antiqui-
ties or degrade the landscape’s
beauty. Preservation officials
within the ministry are pressing
for new restrictions on develop-
ment to safeguard the Italian
landscape, which is listed in the
books, responded. “I did a sign-
ing to which Nobody came, ex-
cept a guy who wanted to buy
some Scotch tape and thought I
was the help. :)”
Stephen King—the king of
horror himself—jumped in,
writing, “Dear Chelsea Banning:
When you do your next signing,
let us know. We’ll let EVERY-
BODY know.”
In an interview, Mr. Winkler
says Ms. Banning’s tweet struck
a familiar chord. In 2003, he
held an event at a book store
promoting the first installment
in the Hank Zipzer children’s
book series he wrote with Lin
Oliver. It was billed as a reading
and a chance to meet Henry
Winkler. Six people came. “It
doesn’t get easier,” Mr. Winkler
says.
Pulitzer Prize-winner Junot
Díaz says one person, a friend,
attended his first reading as a
published author. “I did a read-
ing for my friend and the em-
on
us ,
l
e
al a
Italian constitution as a pro-
tected asset.
One proposal would forbid
ci on
large solar farms on more than
40,000 acres of countryside in
the Lazio region around the Ar-
rone river basin, a center of the
Etruscan civilization that was
er s
dominant in Italy before the rise
of Rome. The proposed restric-
m er
tion prompted an outcry from
solar industry executives and
some Italian lawmakers who say
dozens of planned solar farms
would be delayed indefinitely.
m rp
Cultural preservation officials
postponed the proposal for fur-
ther consultations after Lazio’s
regional government opposed it.
“With the war in Ukraine, the
co Fo
development of renewable en-
ergy has become fundamental
for our country,” said Silvia
Fregolent, an Italian lawmaker.
“But there are still numerous
‘no’ votes that are heard.”
Europe’s chemical companies,
aluminum producers and other
energy-hungry industries have
emerged as a powerful force
pushing the construction of
wind and solar farms. They are
racing to sign long-term con-
n-
tracts with renewable energy
developers that can supply elec-
tricity at affordable prices and
protect them from wild swings
in the price of natural gas,
which often sets the price of
electricity in European markets.
Wind and solar developers
once had to shop their projects
around to big companies to sign
long-term power purchasing
agreements that would then al-
low them to line up financing.
Now the positions are reversed,
with developers being inun-
dated with requests from manu-
facturers to sign contracts to
supply power.
“There is an enormous appe-
tite for renewables, especially
from the energy intensive com-
panies, but there are just not
enough [renewables] projects,”
said Joop Hazenberg, policy di-
rector of Re-Source Platform, a
Brussels-based group that con-
nects buyers and sellers of re-
newable energy.
In Galicia, one of the most
blustery corners of Europe, the
regional government is acceler-
ating the construction of wind
farms to provide electricity for
local factories. It has pledged
expedited reviews of projects
that have signed contracts with
manufacturers in Galicia for at
least 50% of their output.
“There’s a lot of support re-
gionally to help through the
permitting process to be able to
bring these new renewables fa-
cilities up,” said Roy Harvey, Al-
coa’s chief executive.
Metals company Ferroglobe
PLC is negotiating electricity
supply agreements with renew-
able energy providers in Spain
after idling three factories in the
country last year that employ
400 people.
Japanese chemical company
Showa Denko KK signed a con-
FROM PAGE ONE
barrassed booksellers and called
it a win,” he says by email.
Jodi Picoult, who has sold
millions of copies of her books,
says once, at a signing at her
hometown bookstore in Ha-
nover, N.H., she sat alone until a
wandering patron needed help
finding the bathroom.
Paul Bogaards, who ran pub-
licity campaigns for 30 years at
publisher Alfred A. Knopf and
now runs his own company,
says the in-store author appear-
ance is, in large part, a holdover
from a time when they gener-
ated local-news coverage. As lo-
cal news has shrunk, filling
seats is harder.
This hasn’t diminished the
author’s desire to pitch books in
the flesh, Mr. Bogaards says in
an email, “if only for one person
eating a Twix bar in the front
row.”
The same day Ms. Banning
signed books to a sparse audi-
ence in Ohio, Jon Land was at
tract for electricity from wind
farms under development for its
operations in Galicia, including
for a new factory to produce
graphite for electric vehicle bat-
teries. Chinese tire manufac-
turer Sentury Tire is planning to
build a factory nearby powered
by wind energy.
There are also plans for a
factory built by Spanish compa-
nies Reganosa and EDP Ren-
ováveis that would use wind en-
ergy to make hydrogen, a
proposed replacement for natu-
ral gas in many industrial pro-
cesses that produces almost
zero greenhouse gas emissions.
Spain already has one of the
world’s highest wind-energy ca-
pacities, with more than 28,000
megawatts installed across the
country. Wind was its second-
leading electricity source in
2021, after natural gas, account-
ing for 23% of electricity pro-
duction, according to the Inter-
national Energy Agency.
Galicia’s powerful winds have
attracted much of that invest-
ment: There are more than
4,000 wind turbines spread over
a region slightly smaller than
the state of Maryland.
Demonstrators protest the wind turbines near the Basilica de San Martiño de Mondoñedo.
the Rhode Island Author Expo
promoting his new thriller,
“Blood Moon,” which he wrote
with Heather Graham.
More than 100 area authors
spread across a hotel ballroom,
waiting at tables laden with
books, and lures to entice
browsers.
Mr. Land, who has written
dozens of books, deployed one
of his regular sales tools—free
candy. The children come over
and take some, he says, and par-
ents feel guilty and buy a book.
But the best way to get custom-
ers to engage at a signing, he
advises, is to bring a child your-
self.
“You’re much more ap-
proachable if there’s a kid
standing at your table with you,
everybody feels like: ‘oh, he’s
got a kid so he must be a good
guy. I’ll go talk to him,’ ” he
says.
Mr. Land has done events
where he signed hundreds of
Wind turbines in the Galicia region of
northwest Spain. Below, Jose Antonio Zan, a
union leader at the Alcoa plant in San Ciprian.
Critics say the turbines have
marred Galicia’s natural vistas
and cultural sites that date back
to the Roman empire. Tourism
accounted for 10% of GDP and
11% of total employment in the
region, according to 2019 data.
The turbines can be seen in
many places along the Camino
de Santiago, one of the most im-
portant pilgrimages in Christi-
anity. Since the Middle Ages,
pilgrims have been walking its
various routes through Galicia
to the cathedral in Santiago de
Compostela. Legend has it that
St. James’ bones were taken
there after he was beheaded in
Jerusalem by King Herod.
‘Ancient path’
Some routes of the camino
run so close to turbines that pil-
grims say they can hear the
whoosh they make spinning.
Priscilla White, who runs an inn
on one of the routes, said the
turbines change the ambience of
the pilgrimage. “Because we
walk an ancient path, we like to
think it looks the same way as it
always looked, but you can’t do
that anymore,” said Ms. White,
THE WALL STREET JOURNAL.
books and others where the pen
gets little use. He once read at a
bookstore the day after mega-
there were her employees.
Mr. Hood, who runs a cre-
ative-writing program at a high
seller Lee Child. Four people sat
in the 100 or so chairs left up
from Mr. Child’s event, and two
school in New York City, sees
thinly attended events as paying
dues, a way to connect, and
of them were there to see Mr.
Child, but had the wrong day.
Emily Powell, owner of Port-
didn’t expect to sell many books
at the events in the first place.
“How many people come
land, Ore.’s Powell’s Books, thinking: ‘well, I don’t know,
which hosts many author events what am I going to do with my
at its three locations, says some evening? I guess I’ll go to Pow-
writers are such big draws Pow- ell’s and hear this unknown
ell’s hosts their events at a con- writer and if I like what they
cert venue. have to say, I’ll pick up a copy of
She says it isn’t uncommon their book’?” he says. “That’s no
for first-time authors to have in- one, basically.”
flated expectations for their Ms. Banning, the author in
first events. “Even the phrase Ohio, says she has since gained
‘author tour’ or ‘reading tour’ thousands of Twitter followers,
sounds so exciting,” she says. held a packed signing at her li-
“And, of course, it can be a lot brary, received interest from lit-
of drudgery.” erary agents and sold 7,000
In October, Ms. Powell went books.
to see a friend, Christopher M. She has another signing com-
Hood, read from his debut ing up at Pretty Good Books.
novel, “The Revivalists,” at one Stephen King has already
of her stores. The only people tweeted about it.
Martin’s hotel is located. The re-
gional government of Galicia
initially gave a negative opinion
on the project, indicating it
wouldn’t sign off, because the
turbines would be outside the
area that Galicia had previously
set aside for wind farms—on
land farther from populated ar-
eas. Officials revised their
stance and approved the plans
when the turbines were desig-
nated to supply energy to Alcoa.
Ms. Martin and her husband,
Antonio Cubas, were among the
MATILDE VIEGAS FOR THE WALL STREET JOURNAL (2)
local residents who mobilized
against it, holding a protest in
.
front of the town hall. The Foz
town council submitted objec-
ly
tions to the Galician govern-
ment saying the turbines would
be too close to people’s houses
and exceed noise limits. Tour-
ism, a growing business in Foz,
would suffer, they said.
At the same time, workers at
the Alcoa factory were holding
demonstrations to get the Span-
ish government to step in to buy
vice chair of the Confraternity the factory from the U.S. alumi-
of St. James, a British organiza- num giant. Alcoa had been try-
tion that helps pilgrims. ing to sell the factory without
There are around 270 wind success as losses mounted be-
projects that are seeking autho- cause of rising electricity costs.
rization from the Galician gov- The smelter is one of Europe’s
ernment, nearly doubling the re- single largest electricity con-
gion’s installed capacity if they sumers, using enough power for
all get built. Early projects took a small city. Workers feared it
up land in more remote areas, would close.
but the new wave is encroach- More than 600 jobs and the
ing on towns and landmarks. economic vitality of the area
Galician livestock farmers, were at risk. “We’ve all been
who have said the turbines un- worried because we all depend
settle their animals, and the on it,” said Ana Maria Rolle,
tourism industry are at risk, owner of a restaurant in San
said Fernando de Abel Vilela, a Ciprian.
law professor at the University Later in 2021, workers and
of Santiago de Compostela and the company reached an agree-
a board member of Adega, a ment: Alcoa would idle the
Galician environmental group. smelter until January 2024,
Mr. de Abel Vilela and other while continuing to pay employ-
members of Adega traveled to ees, and in the meantime search
Brussels in August to file a com- for new sources of electricity to
plaint with the European Com- power the smelter’s restart.
mission alleging that Galicia’s Months later, Alcoa announced
procedures for reviewing wind that it had reached an agree-
farms violate EU rules on envi- ment with Greenalia for elec-
ronmental protection and public tricity supply from 29 wind
participation. “The massive farms it is developing across
number of projects has put at Galicia, with nearly a gigawatt
risk the way of life of a lot of of capacity. One of them is the
people in the countryside,” Mr. Borrasca wind farm in Foz.
de Abel Vilela said. He said the The project developers could
projects are happening too fast, have located the wind turbines
without enough input from the anywhere in Spain, since the
public and environmental turbines won’t be selling di-
groups. “Two years ago, no one rectly to the smelter but into
was in a hurry. Now it is com- the country’s electrical grid. But
pletely crazy.” officials said building them as
WindEurope, which repre- close as possible to the plant
sents turbine makers and re- helps build support.
newable energy companies, says The public “understands that
the sound of turbines at a dis- this renewable energy is sup-
tance of 400 meters is equal to porting local industry,” said An-
the hum of a refrigerator, far tonio Fernández-Montells, chief
less than other sources of ambi- financial officer of Greenalia.
ent noise such as road traffic. It “We have more resources,
says that wind turbines provide cheaper energy, so we have
significant rental income to more competitive industry.”
farmers and other landowners. Alcoa also has a contract
In 2021, the Spanish govern- with Spanish energy company
ment announced plans for a Endesa for another 816 mega-
wind farm by a local renewable watts of wind capacity.
energy developer, Greenalia. The Because wind and solar
project, dubbed Borrasca, or power can’t produce energy
storm in Spanish, would consist when the wind isn’t blowing or
of 15 giant turbines in and the sun isn’t shining, projects
around the town of Foz on Gali- need a large amount of excess
cia’s north coast, where Ms. capacity to cover the steady
electricity needs of factories.
More than two gigawatts of
wind energy capacity will be
needed to meet the Alcoa
smelter’s electricity consump-
tion: 400 megawatts of power,
24 hours a day, when the plant
is producing at full capacity.
Designating Borrasca as a
wind farm that would supply Al-
coa gave it priority for review
by the Galician regional govern-
ment, which has been otherwise
overwhelmed by the number of
applications to build wind
farms. It also helped build sup-
port for the project in Foz,
where many Alcoa workers live.
“People are a little more in
favor,” said Fran Cajoto, the
mayor of Foz. “Although it has a
negative environmental impact,
DANIEL RIO
it is the cleanest energy that ex-
ists right now.”
—Michael Susin
contributed to this article.
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
© 2023 Dow Jones & Company. All Rights Reserved.
FROM TOP: ILLUSTRATION BY ALEX NABAUM; ISTOCK (2)
Declutter Your Digital Life
Electronic files and photos can cause as much stress as physical ones, say organization experts
FAMILY
& TECH
JULIE
JARGON
IF YOU HAVE HUNDREDS or thou-
sands of unread messages in your
inbox, you might be a digital
hoarder.
Americans lead messy digital
lives. About half of U.S. adults de-
lete email regularly and we only
open a bit more than half of the
messages we receive, according to
a report on cyber-hoarding from
HighSpeedInternet.com, which of-
fers comparison shopping for in-
ternet service.
Email is only part of the digital
clutter taking up space on our de-
vices and in our heads. The mess
accumulates as families grow and
amass medical records, school
communications and digital pho-
tos. (So many digital photos.)
It all adds to stress, with 62%
of the survey’s 1,000 respondents
reporting they feel anxious about
their digital stuff. Digital clutter
can also slow your internet perfor-
mance, according to the firm.
“People hold on to digital
things just like they hold on to
that pair of pants that might come
back in style—because you never
know,” says Joseph Ferrari, a psy-
chology professor at DePaul Uni-
WHAT’S YOUR WORKOUT? | JEN MURPHY
no
Try These Routines
To Keep Resolutions
IT’S EASY TO SET fitness resolu-
tions: Lose weight, get stronger, im-
prove flexibility. But to achieve your
goals, you need a game plan that
you’ll stick to. That means finding a
workout you enjoy.
We asked experts to share new
and unexpected workouts that are
fun and effective to help accomplish
some of the most popular fitness
resolutions. For a real challenge, try
testing one a month to spice up
your typical routine.
Resolution #1:
Lose weight, but go easy on
the knees
Running isn’t for everyone, espe-
cially if you suffer from knee pain.
And we can’t all afford a Peloton. If
you’re looking for a low-impact way
to improve cardiovascular health
and torch calories, try rowing, sug-
gests Jon Salzman, a physical ther-
apist at Mayo Clinic Orthopedics
and Sports Medicine in Minneapolis.
The rowing machine, or erg, of-
ten gets overlooked in the gym be-
cause it requires proper technique
to ensure safe and efficient perfor-
mance, he says. When done cor-
rectly, it’s a total-body workout.
“The proper sequence should be
ILLUSTRATION BY IVAN CANU
legs first, trunk second, arms last,” Mr.
Salzman says. Ask a staff member to
show you the proper technique or try
a class at a rowing studio.
Danny King, a master trainer
with Life Time health clubs, also
suggests trying the ski erg machine.
PERSONAL JOURNAL.
on
versity who studies the effects of
clutter on our well-being. (He
wasn’t involved with the survey.)
While some people hang on to
digital files because they fear they
us ,
might need them someday, others
l
let them accumulate because they
e
al a
just don’t want to
deal, Dr. Ferrari says.
Even people who
ci on
have more virtual
storage than they
will ever need could
benefit from a better
organizational sys-
er s
tem, particularly for
photos and impor-
m er
tant documents.
If you suspect you’re overdue
for a digital cleanse, you’re proba-
bly right. Here’s what to do next.
m rp
Getting started
 Choose a system. Figure out a
system for organizing your emails,
photos and documents. Whether
you choose to upload photos to
co Fo
Dropbox or save documents in a
Google Drive, pick one system for
storing each category of digital life
and stick to it.
 Take baby steps. As with any
kind of organizing, start small so
you don’t get overwhelmed. Begin
by going through the unread
emails or old documents from the
past month (in Gmail, you can pick
a date range). If you get through
n-
Originally designed as a training
tool for cross-country skiers, it can
be performed standing or sitting
and delivers a killer core and upper-
body workout.
Many people crave
a workout that burns
calories while provid-
ing stress relief, says
Marc Santa Maria, na-
tional director of
group fitness for
Crunch Signature. He
suggests trying box-
ing-style workouts
that involve a punch-
ing bag or shadow-
boxing. Once you
learn the technique in
a supervised class,
you can buy equip-
ment to train at
home.
For class fans, he
recommends Pound, a
workout that uses
quarter-pound Ripstix
to simulate drumming,
or boxing-style work-
outs. In 2023, Crunch
gyms will introduce ChopFit, a high-
intensity, low-impact workout that
uses ax-shaped metal tools coated in
a spongy plastic.
Resolution #2:
Improve coordination and agility
Cardio and strength get all of the
attention at the gym, but pro ath-
letes focus on improving coordina-
THE WALL STREET JOURNAL.
those and feel you can keep going,
continue working backward.
 Block out time. Set aside 30
minutes a day to clear out the
clutter. (You can do this while
watching TV.)
 Reinforce the behavior. Choose a
task you enjoy, such
as playing a game on
your phone or scroll-
ing social media.
Spend 10 minutes de-
leting old files then
reward yourself with
the same amount of
time on that activity,
says Dr. Ferrari.
Once you have a
plan for getting organized, experts
suggest focusing on one category of
digital management at a time.
Email
 Cull your accounts. You might
have an email account for work,
one for personal emails and one
for spam. Delete any other ac-
counts. If you’re afraid you’ll miss
a message sent to an old account,
keep it but set an away message
saying you are no longer checking
it, says Justin Klosky, chief execu-
tive of the professional organizing
firm O.C.D. Experience.
 Make folders. Emails should be
sorted and saved to folders outside
your inbox. Mr. Klosky says your
inbox should contain only emails
tion and agility, and you should, too,
Mr. Santa Maria says. Quick, coordi-
nated reflexes translate to a better
quality of life, making it easier to
recover from a slip on the ice.
“Pro athletes and action-film stars
such as Chris Hemsworth and Halle
Berry rely on muscle-confusion work-
outs,” he says, referring to workouts
that constantly mix up exercises, of-
ten in high-intensity circuits. A num-
ber of new products for the home
gym can help gamify coordination
and agility, Mr. King says. He’s a fan
of BlazePod, which many pro sports
teams use for training. The reaction-
training discs can be placed on the
floor or stuck onto a wall. They light
up in different colors. Choose your
color and tap the disc with your hand
or foot when it lights up. Train on
your own or with a friend. You can
make it extra challenging and try to
tap with your hand while holding a
plank pose, he says.
needing a response.
“When you walk to your mailbox
to get your mail each day, you don’t
open it, check your mail and throw
it all back in the mailbox,” he says.
“You bring it in and deal with it im-
mediately.” (Maybe not everyone: I
often let the mail pile up for days.
But goals, people, goals!)
 Mark as unread. If you’re like
me and forget about responding to
an email once you’ve read it, you
can mark it as unread so you re-
member to come back to it later.
 Find and delete.
Search your inbox for
online subscriptions
you no longer want,
such as newsletters or
magazines, and unsub-
scribe from them. (My
WSJ colleague Nicole
Nguyen has written
about managing digital
subscriptions.)
 Automate inbox.
Gmail and Microsoft
Outlook offer auto-
mated ways to help manage email,
including silencing notifications
and snoozing messages until you
want to read them. There are also
services to manage your inbox, in-
cluding Clean Email.
Photos
 Save to the cloud. First, make
sure the photos on your phone or
Resolution #3:
Gain core strength
Sit-ups aren’t the only way to build
core strength.
Alexis Sweeney, a group fitness
instructor at Equinox, suggests try-
ing a workout like barre class, which
feature small, ballet-inspired iso-
metric movements, or mat- or ma-
chine-based Pilates.
These workouts incorporate
moves that require you to engage
your abdominal muscles. Pilates fu-
sion workouts add a fun twist by
incorporating additional equipment
BlazePods
such as gliding discs that add insta-
bility. You can buy the discs—way
cheaper than a Pilates reformer—to
use at home or use towels or paper
plates on a slippery floor, she says.
If your old routine feels easy, core-
focused suspension training equip-
ment can make the same exercises
feel tough again, Mr. Santa Maria
says. Equipment such as TRX Sus-
Tuesday, January 3, 2023 | A11
computer don’t reside only on that
device, because if something hap-
pens to it your photos could be
lost. My colleagues recommend
Apple Photos backed up to iCloud.
They also like Google Photos,
which is available on iOS and An-
droid. Both charge fees for storing
large collections. Alternatively, you
could use a basic storage service
such as Dropbox.
 Create albums. If you’ve ever
tried to search for photos of spe-
cific people so you can create a
slideshow for someone’s birthday
or wedding, you know it can be
cumbersome. Make use of the
smart identification tools in Apple
Photos and Google Photos, or take
time to add labels to your favorite
photos. Once you’ve sorted them,
you can add them to digital al-
bums for easier access.
 Delete duplicates and bad shots.
We all take numerous photos of
the same thing, hoping to capture
the perfect shot. Get in the habit
of deleting the duds right after
you take them.
 Cull categories. Screenshots,
selfies and videos take up a lot of
space. If you’re an iPhone user and
don’t want to keep them, go to al-
bums in the Photos app, select me-
dia types, then go through your
screenshots or selfies and delete
what you no longer want, says An-
drea Harvey, outreach specialist
with HighSpeedInternet.com.
Google Photos users can follow
similar steps.
Documents
.
 Save backups. For really impor-
tant documents, be sure to save
ly
backups somewhere, such as in the
cloud. And for the files you keep lo-
cally on your computer, tuck them
away in folders where you can eas-
ily find them again. The High-
SpeedInternet.com survey found
that 20% of respondents had more
than 100 items on their desktop.
 File under the right name. When
creating folders for digital docu-
ments, name the folders the way
you refer to them, says Alex Brzo-
zowski, CEO of digital organizing
service Be Organizing. If you refer
to your car as a Lexus, rather than
a car, name the folder associated
with car maintenance “Lexus” not
“car” so you’ll find it
easier. (This applies to
email folders, too.)
 Create subfolders.
Compile similar docu-
ments into digital fold-
ers, such as “Medical”
or “Insurance,” then
create subfolders (“Der-
matology,” “Dental,”
“Home,” “Auto,” etc.).
 Purge hard copies. A
major benefit to orga-
nizing your documents
digitally is being able to get rid of
physical copies. You might find
you don’t need nearly as many pa-
per files as you thought.
Once you’ve organized all your
files, Ms. Brzozowski says, plan to
review and update your digital fil-
ing regularly. Just like laundry and
dishes, your files will pile up if you
slack off on the housekeeping.
pension Trainers, two straps that tap
into your body weight, provide a mul-
tidirectional workout that feels fun
and fresh, he says. If a lunge feels
easy, try suspending your back foot
in a TRX strap and doing a lunge. He
calls this modified lunge twice as
challenging. Yoga lovers can level up
their core intensity with suspended
workouts like aerial or AntiGravity
yoga classes, he says.
Resolution #4:
Improve cardio fitness
If you get bored from the monotony
of running, walking and cycling, try
mixing them all up, Mr. King says.
“Mixed-modality intervals is a fun
new workout trend we’re seeing
which uses lots of different equip-
ment, like the rower, bike, ski-erg,
sleds and treadmill, all in one class,”
he says. You don’t get as bored and
you work different muscles while
getting your heart rate up.
If you’re someone who loathes
cardio, try dancing, Ms. Sweeney
suggests. “A fun dance cardio class
doesn’t even feel like a workout and
is my secret tool to relieve stress,”
she says. If you feel self-conscious,
a number of classes stream online,
so you can dance in the privacy of
your living room.
Resolution #5:
Better range of motion
Our bodies tend to feel stiffer as we
age. If you’ve tried yoga and it isn’t
for you, check out mobility classes
that use self-massage tools like foam
rollers, Mr. Santa Maria says.
These classes can teach you tech-
niques you can then use at home
with equipment like lacrosse balls
and massage guns. Or sign up for as-
sisted stretch sessions, Mr. King says.
“Being stretched by someone
else feels way different than trying
to stretch on your own,” he says.
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

A12 | Tuesday, January 3, 2023 NY THE WALL STREET JOURNAL.

PERSONAL JOURNAL.

WORK Within months, she was offered

& LIFE a bigger role in her department,

How to Be
RACHEL and went on to have a 14-year ca-
FEINTZEIG Shift daily reer at the company, eventually

C
serving as a senior producer.
tasks toward
Happier in
Acting the opposite of how you
an you like your job feel can change your mood, and
more in the new year?
what you your reality, says Jonathan Fader, a
It might not be your enjoy, change psychologist who coaches execu-
dream role. It might not
be a forever thing. But if
you can’t leave right
Your Job your mindset,
tives and athletes on how to im-
prove their performance and enjoy
their work more. Feeling discon-

In 2023
now, because of the economy or know when to nected from colleagues? Invite them
the money or family obligations, to lunch. Picture how you will feel
let’s at least make it less miserable
draw the line at a point in the future, once this
to go to work. stressor—the big deadline, the
Not every gig can be salvaged. meeting with your boss—is over.
Some roles are so awful there’s no Mark Goldberg, a couples thera-
hope for making them tolerable, pist in the Baltimore area, found
let alone fun. But if your boss isn’t that things got better when he dis-
abusive and your benefits are covered meaning in the tasks that
good, if your primary complaint is were driving him crazy. An expan-
boredom or lack of boundaries, I sion of his practice over the past
can help. Let’s inch your responsi- year left him frustrated by new
bilities toward things you enjoy, software systems to learn and
and change how you think about staff to train.
your work. “It’s just not what I thought I
“There were plenty of parts I signed up for,” he says.
liked about my job, and I just He went through the to-dos he
wasn’t seeing them,” says Katie didn’t like, and marked the ones
Baxter, who has spent 14 years at that had a direct impact on clients,
Firmidable, a legal marketing firm for example, the software system
in New Orleans. “It was up to me.” that would enable them to get ap-
In recent years, she had been pointments quicker. Remembering
drained by long hours. Staff turn- the “why” behind those tasks
over meant she had other people’s helped motivate him to get them
responsibilities piled onto her al- done, and gave him the confidence
ready full plate. to push off less important projects.
“It felt like I was 10 feet deep Sometimes, just having an exit
in a hole just trying to climb out,” strategy can help. Katherine Wi-
she says. ley’s job as a professor of anthro-
As Ms. Baxter considered leav- pology and gender studies left her
ing the company, she made a list, depressed and stressed, worried
titled “What Would Make Me Hap- every refresh of her inbox would
pier.” She created three sections— bring a new student crisis or de-
what she liked, what she was good mand on her time. So she made a

.
at, and what she didn’t like. plan, deciding that she would give
That last category was lengthy. to pushing back against your boss. just a lot of pressure to put on any swering phones and filing papers. the job 2 ½ years, and then walk

But she was good at making things
run more efficiently, and she liked
coaching people. It dawned on her
ILLUSTRATION BY EIKO OJALA FOR THE WALL STREET JOURNAL
ly
And yet, many of the people I one particular thing.” She yearned to move on to a big- away if she still felt bad.
talked to said that the repercus- Instead of quitting a “good ger role, but the internal applica- “That helped me get out of this
sions of drawing a line weren’t as enough job,” try to find meaning tions she submitted weren’t get- constant anxiety of, ‘Should I

that she had the power to move

the lever up on the good and down
on the bad.
She started blocking sacred time
on her calendar for the employee
on
dire as they had imagined, and they
were surprised to find they had
more autonomy than they thought.
“It was all self-inflicted,” Ms.
Baxter says of much of her prior
us ,
and purpose elsewhere, Mr. Stol-
zoff says. Get a hobby. Join com-
munities—a running club, a neigh-
borhood garden plot—where
ting traction.
She complained to her grandfa-
ther, who offered this tip: Pretend
like it’s your first day on the job.
leave?’ ” she says. In the meantime,
she cut back on her complaining
and focused on banding together
with like-minded colleagues to
people don’t care about your job Try to best the person who had make a difference on issues she

coaching she enjoyed. Ms. Baxter stress and unhappiness. title. Remember that it’s OK for a the job before, in this case: you. cared about, such as diversity.
l

asked the company to bring on con- Our expectations around work job to just be a paycheck that lets “I immediately felt something When the opportunity to leave
e
al a

sultants to do the extra work that often feed into our discontent. So you live your life outside of work. in me spark,” she says. She started arose—her university was offering
had been pushed on her. She made many of us are plagued by the “There’s a monotony to every making a daily list of goals, and buyouts, and her husband had a
a rule to get outside for 30 minutes nagging feeling that we should not line of work that’s inevitable,” Mr. crossing them off. Instead of wait- job offer across the country—she
ci on

every day, and pick her kids up at 3
p.m. on Fridays. Her performance
didn’t fall apart. Even little things,
like switching her desk to face a
window, helped shift her mood.
just like, but love our jobs.
“We live in a country that re-
ally idolizes work,” says Simone
Stolzoff, the author of a coming
book about how to disentangle our
er s
Stolzoff says. “If we’re expecting ing for her bosses to come to her knew it was the right move.
our jobs to always be perfect, it’s with assignments, she asked for Now based in Troy, N.Y., she
just an unrealistic bar.” opportunities. She spoke up more has her own academic-editing
Years ago, Juli Gallagher was in meetings. business and really likes her work.
stuck in an entry-level job in “It helped me feel alive again,” “I never thought I could do

Of course, there can be real risks identities from our careers. “It’s CNN’s publicity department, an- Ms. Gallagher says. that,” she says.
m er
m rp
co Fo
n-

Customized Compensation Arrives

BY TARA WEISS
no

say in their work situations, template from which pro-

W
hen George Melvin
clinched a job as
lead software engi-
neer at Unlearn.ai this past
summer, the company made
him two offers.
In the first, the base salary
made up 70% of total com-
pensation, with the rest in
equity. The other was 58%
salary, 42% equity. Confused,
he asked the San Francisco
startup’s human-resources
department if the twin offers
were a negotiating tactic.
They weren’t. Unlearn,
FROM TOP: PHOTO ILLUSTRATION BY ELENA SCOTTI/THE WALL STREET JOURNAL, ISTOCK (2); SHUTTERSTOCK; UNLEARN.AI
from experimenting with
shorter workweeks to trad-
ing vacation time for money.
Like Unlearn, many of those
letting recruits pick their pay
also give employees the op-
tion to work remotely.
This fall, SAC Health Sys-
tem, a community health-
care group with 11 sites in
Southern California, began
letting its nearly 570 em-
ployees cash out unused
George
Melvin
spective hires can select
three compensation options.
It includes an interactive
sliding scale that lets re-
cruits calculate how total
compensation could fare if
they opt for, say, more eq-
uity versus salary.
Carta says it got the idea
from client Civic Eagle, a pri-
marily remote-work company
that has been giving new
hires a choice of varying
stock-equity combinations
since 2019. Recruits some-
times worried that being
given options might be a trick

which uses artificial intelli- to shortchange them, says

gence to speed clinical trials,
recently began offering new
hires multiple pay options. It
is among a growing number
of companies that let new
hires customize their com-
pensation with different com-
binations of salary, equity
and, in some cases, benefits.
Mr. Melvin, who is saving
for a June wedding, negoti-
ated a third option—64%
cash and 36% equity.
Netflix Inc. has long let
employees choose how
much of their pay they want
in salary versus stock op-
tions. Many employers now
adopting personalized comp
packages are smaller firms
competing for talent against
bigger companies, particu-
larly after a 32% drop in the
technology-heavy Nasdaq in-
dex this year and a retrench-
ment in tech spending and
startup investment.
The customized approach
reflects a wider push among
businesses to give staff a
More employees get
to opt for various
mixes of salary
vs. stock equity.
paid time off to put toward
a number of options, includ-
ing student-loan repay-
ments, retirement savings,
health savings accounts and
even travel. A service pro-
vider called PTO Exchange
handles the administrative
and tax-compliance issues of
paying out unused vacation
time for the employer.
In December, Carta, a
management platform
for startups, their employees
and investors to track and
manage equities, began of-
fering corporate clients a
Damola Ogundipe, chief exec-
utive of Civic Eagle, which
uses AI to discover, track and
analyze public policy.
“People didn’t understand
we were giving them a
choice,” said Mr. Ogundipe.
This year’s drop in tech-
stocks has prompted hires
to rethink their preferences
for pay, he says. “A year ago
you’d see employees coming
in, especially those from the
coasts, wanting more eq-
uity,” he says. “Now they
want more financial security
and are choosing cash.”
Kyle Holm, who leads the
compensation practice at Se-
quoia, a human-resources
platform for employers, says
there are caveats. Workers
who choose different equity
options may end up earning
different amounts of money
for roughly the same job. The
varying compensation mixes
make monitoring and bench-
marking employee pay all the
more important, he says.
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

THE WALL STREET JOURNAL. Tuesday, January 3, 2023 | A13

ARTS IN REVIEW
FILM REVIEW

Mai
Zetterling:
A Swedish
Film
Feminist
BY DAVID MERMELSTEIN

P
erhaps inevitably,
the Swedish film
and theater giant
Ingmar Bergman
looms large over a
set of three films
directed by Mai Zetterling
just released on Blu-ray by
the Criterion Collection. All
three pictures, and their cor-
responding bonus content,
are also currently streaming
on the Criterion Channel—
though the extraordinary
image quality of these re-
cent 2K transfers from the
Swedish Film Institute may
not be fully appreciated
one of Bergman. But though
a debt to the great film-
maker is certainly present,
these movies are very much
Zetterling’s own, with a per-
spective decidedly both fem- Gunnar Björnstrand and
inist and feminine. Gunnel Lindblom, above, and
“Loving Couples” (1964) Gio Petré, left, in ‘Loving
could in part be taken as a Couples’
retread of Bergman’s “Smiles
of a Summer Night,” from
about 10 years earlier, espe- other in which an audience
cially given its turn-of- of women at a cinema begin
the-20th-century Swedish shouting and flinging food
country-house setting, focus at the movie screen as im-
on sex (to say nothing of the ages of male political lead-
war between the sexes), and ers and scenes of military
the appearance in both mov- aggression flicker.
ies of three principal actors: Zetterling died in 1994 at
Harriet Andersson, Eva Dahl- age 68—well over a decade

.
when not seen on disc. beck and Gunnar Björnstrand. before Bergman did, in 2007.
Zetterling, born in 1925, Nor can one avoid mention- Did his fecundity and longev-

rose from a disadvantaged
Swedish childhood to a prime
spot at the Royal Dramatic
Theater in Stockholm—her
admission at the tender age
of 17 making her the troupe’s
youngest member. In 1944,
she starred in Alf Sjöberg’s
ing that this picture’s extraor-
dinary cinematography comes
courtesy of Sven Nykvist, who
shot 18 feature films for
Bergman over the years.
But the similarities end
there. “Loving Couples”
on
opens in a maternity ward,
us ,
picted—from the servants to
the manor’s mistress—live
nothing if not cathartic.
For “The Girls” (1968),
ly
Gunnel Lindblom, Erland Jo-
sephson and Björnstrand—
ity somehow prevent a more
prominent career for her?
Maybe. But thanks at least
partly to interest generated
in female filmmakers follow-
ing the #MeToo movement,
her reappraisal has finally
come. Criterion’s set demon-

“Torment,” her third film, in with a callous male obstetri- lives of endless compromise even more structurally un- touring the provinces in the strates that her voice was an
l

a part Bergman wrote for cian (a typically superb that, with rare if any excep- conventional than their pre- comedy before returning original one, regardless of
e
al a

her. (Four years later, Berg- Björnstrand) offering pre- tion, mainly benefit their vious efforts, Zetterling and home. Throughout, sections influences. It also makes
man himself directed her in cious little bedside manner male counterparts. Hughes loosely adapt Aris- of the play are voiced over clear that anyone who
“Music in Darkness,” their fi- to his understandably fright- Like all three films in this tophanes’ “Lysistrata” to what may seem unrelated thought tough, feminist mov-
ci on

nal collaboration.) collection, “Night contemporary Sweden, with actions, but the best scenes iemaking was a recent devel-
A starring role in Games” (1966) is co- an acting troupe from Stock- are those played for primar- opment should think again.
Basil Dearden’s “Frieda” written by Zetterling holm—gratifyingly including ily comic effect—including
in the late 1940s di- and Hughes, but in this the Bergman regulars Bibi ones in which Liz is chased Mr. Mermelstein writes for
verted her career to the case the source material Andersson (in the lead role through a mall by a mob of the Journal on film and
er s

U.K., where her most fa- is the director’s own of Liz), Harriet Andersson, screaming children and an- classical music.
mous film was the 1962 novel, a disturbing tale
m er

sex comedy “Only Two of a man’s difficult

Can Play,” based on break with his domi-
Kingsley Amis’s novel neering mother, once
“That Uncertain Feel- again using flashbacks The WSJ Daily Crossword | Edited by Mike Shenk
ing,” in which she as a central conceit. 1 2 3 4 5 6 7 8 9 10 11 12 13 27 Moves
m rp

starred opposite Peter Keve Hjelm is the adult forward

Sellers. In between came Jan; Jörgen Lindström, 14 15 16 29 Santa ___,
a short stint in Holly- the child he once was. California
wood, during which Returning to his family’s 17 18 19
Zetterling and Danny Kaye castle after a long absence, 30 Bagel topper
co Fo

shared the screen for Para- Jan and his new fiancée con- 20 21 22 31 Mao ___-tung
mount’s “Knock on Wood.”
Three of her early front the ghosts of his past, 32 Each
But acting ultimately left movies that focus on chiefly memories of his long- 23 24 25
her unsatisfied, and follow- deceased, narcissistic 33 Carry around
ing her marriage to the Eng-
relations between mother, Irene (an imperious 26 27 28 34 Whichever is
lish writer David Hughes in men and women. Ingrid Thulin, another essen- chosen
1958 she began working be- tial Bergman actress). The 29 30 31 32 33 34 35 36 37
35 “What’s
hind the camera, initially film was widely banned on
and ultimately in Britain, but its release, and at the Venice 38 39 40 more...”
in between as a writer-direc- ened patients. From there, Film Festival, where it was 36 Oahu
tor in her native Sweden. flashbacks dominate the ac- in competition, only the fes- 41 42 43 souvenir
Three of her first four tion, primarily from the per- tival jury and the press could 37 Combine
films in Swedish compose spective of the orphaned see it, not the public. Even 44 45
n-

Criterion’s new set. The Angela at various stages in today, its frank and trans- 39 Yuletide
casts of renowned Scandina- her life (Gio Petré plays her gressive sexuality and occa- 46 47 48 49 50 51 52 53 54 55 40 Leftover
vian actors, the black-and- as an adult). What lingers sional full nudity retain a re-
56 57 58 44 Online
white photography, and even most, though, is the feeling pellent shock value. But the
real-estate
no

the mise-en-scène all remind that all the women de- film’s explosive conclusion is
59 60 61 marketplace
45 Without
62 63 64 purpose
65 66 67 46 Entry
documents
47 Become
ROCK BANDS | By Zachary David Levy habituated
Across 24 Three-time 59 Coast along 9 Atlanta-to- 48 Naptime
1 Gather Best Actress 60 Boisterous Miami dir. nuisance
together nominee in confusion 10 Ralph 49 Frenzied
the 1930s Kramden,
6 Execs who 62 Lhasa ___ 50 Eartha Kitt’s
may be 26 Treatment for one “Mambo
setting 63 Slushy drink
CPAs 11 Yellowish de ___”
brand
28 Charged bit brown
10 Moves up 64 Judge who’s 51 Like
and down 29 Vow locale 12 Quote from a bodybuilders,
rarely on the fellow author,
14 Major 32 Maps out bench? in competition
often
Clinton-era 35 In the style of 65 Stay mad 53 Film role for
13 Panasonic Antonio
pact
38 Search aim, 66 Squeezed subsidiary Banderas
CRITERION COLLECTION (4); EVENING STANDARD/HULTON ARCHIVE/GETTY IMAGES (ZETTERLING)

15 Servants of and a hint to (by) 18 Practice with

Sauron this puzzle’s 54 DuPont fabric
67 Solo poses
16 Sch. where theme 22 Spend the 55 “Tell It to My
Down Heart” singer
the Daily 41 Cancel day Googling
Bruin is 1 Uneasy Taylor
42 “Bess, You Is oneself, say
published feeling 60 Go quickly
My Woman 25 Informal
17 iPhone Now” singer 2 Auto body negative 61 Flock sound
competitor shop chain
43 Gave a new Previous Puzzle’s Solution
from 2011 3 It’s a
look to C OM A A F I R E D I S C
to 2021 semitone
44 Mark for O MA R F L O U R I N C A
19 Give a wide above G H A N G A R O U N D G A R R
53-Down A N A C O P S O Y P A T
berth to 4 Eyeballs
45 Conditions N I G H T P E A C E P I P E
20 Harry 5 Jazz combo S E A S Y AM P A N E L
Potter’s 46 Madagascar staple D O G R O D R C S
export Y A N N I C K N O A H
lightning 6 “Girl From B I C U S A A N D
bolt, e.g. 52 Competitor of the North P I N O T I R A B E S T
Chaps E G G WH I T E S A D I O S
21 Move like Country” S A L C D C HM S E T A
sludge 56 Venerated playwright E P I C Y O U R E E A R L Y
celebs McPherson T E S H L O MA N P R O S
22 Manicuring A S H E L L AMA T A T A
powder 57 Send off 7 Stood still The contest answer is AU REVOIR
23 Giveaway 58 Preteen 8 Largish (70-Across). The five starred theme entries’
initials spell out HA/PP/YN/EW/YE. Adding
From top: director Mai Zetterling; a scene from ‘Night Games’ with Ingrid Thulin (center) and bag, often explorer singing group “Au revoir” to that provides the final AR of
Jörgen Lindström (left); a scene from ‘The Girls’ with Bibi Andersson ▶ Solve this puzzle online and discuss it at WSJ.com/Puzzles. “Happy New Year!”
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

A14 | Tuesday, January 3, 2023 * **** THE WALL STREET JOURNAL.

SPORTS
Bills’ Hamlin Collapses on Field
The 24-year-old safety is in critical condition at a hospital after receiving CPR on the field during Monday’s game
BY ANDREW BEATON

Buffalo Bills safety Damar Ham-

lin collapsed during Monday night’s
game against the Cincinnati Ben-
gals, receiving CPR on the field be-
fore he was taken away in an ambu-
lance to a hospital before the game
was suspended for the night.
The exact nature of what hap-
pened to Hamlin wasn’t immedi-
ately clear, but he is in critical con-
dition, the NFL said just after 10
p.m. Monday. The game was paused
after Hamlin collapsed, and then
temporarily suspended, with the
players heading to their locker
rooms. Just over an hour after the
situation unfolded, the game was
officially postponed by the league.
The NFL said Hamlin received
medical attention on the field by
team and independent medical staff,
along with local paramedics. “Our
thoughts are with Damar and the
Buffalo Bills,” the league said.
The incident occurred after Ham-
lin was involved in a tackle during
the first quarter of the game. He
appeared to take a hard hit to the

JEFF DEAN/ASSOCIATED PRESS

chest during the tackle. After the
play, Hamlin got up—and then sud-
denly collapsed.
He was quickly surrounded by
medical personnel, who performed
CPR on the 24-year-old for what ap-
peared to be several minutes. An

.
ambulance soon came out onto the
field and whisked Hamlin away. He

was taken to University of Cincin-
nati Medical Center, according to
the ESPN broadcast, a facility that’s
a level one trauma center.
Players on both teams were visi-
bly shaken after the frightening mo-
ment, with no immediate informa-
tion available about Hamlin’s
Buffalo Bills safety Damar Hamlin collapsed on the field, was administered CPR and then taken by ambulance to a local hospital on Monday night.
the Bengals leading 7-3, cast a scary
shadow over what had been one of
on
the most hotly anticipated games of
this NFL season. The Bills and Ben-
gals are both among the Super Bowl
favorites and feature young super-
star quarterbacks in Josh Allen and
us ,
which point the game had been
temporarily suspended. Just after
10 p.m., the NFL officially post-
poned the game.
Prayers and well wishes for Ham-
lin quickly poured in from players
across the NFL in the minutes after-
health and well being.”
The incident quickly ignited
flashbacks to some of the scariest
medical situations throughout foot-
ball history. It has been 51 years
since Detroit Lions wide receiver
Chuck Hughes collapsed on the field
ly
the NFL, a league in which player
safety is a topic of constant debate.
In the span of back-to-back games
earlier this season, Miami Dolphins
quarterback Tua Tagovailoa suf-
fered a pair of violent hits to the
head—sparking controversy over

condition. At one point, Bills play- Joe Burrow. ward. Hundreds of thousands of and died during a game. Examina- whether he suffered an undiag-
l

ers gathered and knelt in a large But as the players attempted to dollars in donations were also sent tions later showed that he had an nosed concussion during the first
e
al a

prayer circle. His mother was at the process what unfolded on the field, to a toy drive organized by Hamlin undiagnosed blocked artery. More one. After the second hit, he had to
game, according to the broadcast. a surreal scene emerged. Players in the hours after the incident. recently, former Pittsburgh Steelers be taken to the hospital. Tagovailoa
Hamlin was a sixth-round pick by were in tears and others looked to “The NFLPA and everyone in our linebacker Ryan Shazier, who ap- missed Sunday’s game after suffer-
ci on

the Bills in last year’s NFL draft. be in shock. Burrow and Allen, in
This year, he has emerged as a the middle of a game, embraced.
starter for the team for much of the The dramatic sequence of events
season. He grew up in Pennsylvania began at around 8:55 p.m. Eastern
and attended college at the Univer- time, and Hamlin received medical
er s
community is praying for Damar
Hamlin,” the NFL Players Associa-
tion wrote on Twitter as word
emerged that the game was post-
poned. “We have been in touch with
peared unable to move his legs on
the field after a career-ending spi-
nal injury he suffered in 2017, was
among those who tweeted support
for Hamlin.
ing another concussion.
The NFL didn’t immediately say
when the Bills and Bengals might
finish the game. The window to
squeeze something in is tight, with

sity of Pittsburgh. attention on the field for some time Bills and Bengals players, and with This was also the second jarring this showdown already taking place
The scene, which unfolded mid- afterward. The ambulance left the the NFL. The only thing that mat- and high-profile health and safety on Monday night ahead of the final
m er

way through the first quarter and stadium about 30 minutes later, by ters at this moment is Damar’s incident this season that has jarred weekend of the regular season.
m rp

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 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
THE WALL STREET JOURNAL.
OPINION
Let an FBI Agent Lead the FBI
Can the FBI be
reformed?
Starting
with its inter-
ference in the
2016 election,
each revelation
MAIN
STREET of the FBI’s
bad behavior—
By William
from running
McGurn
interference
for Hunter Bi-
den and lying to the Foreign In-
telligence Surveillance Court to
policing speech on Twitter—has
led to accusations that the bu-
reau has become too politicized
and fed calls for its abolition.
With the Republican House to
be sworn in Tuesday, this ques-
tion now moves from the fringes
to Congress.
Hearings on the FBI have
been promised by both the
new Republican chairman of
the Judiciary Committee, Jim
Jordan (R., Ohio), and his
counterpart at Oversight and
Reform, James Comer (R., Ky.).
On Friday the Journal’s Kim
Strassel broke news that Re-
publicans are also considering
the creation of a new Select
Subcommittee on the Weap-
onization of the Federal Gov-
ernment. It all promises a
bumpy year for the FBI.
Mr. Comer is already on re-
cord saying the FBI “needs to
be dismantled.” Others want
Director Christopher Wray
fired. Even those who partially
defend the FBI, such as former
federal prosecutor Andrew
McCarthy, favor structural
surgery. Mr. McCarthy con-
tends the bureau’s dual mis-
sions—law enforcement and
domestic security—conflict,
The World According to Tom Cotton
Most politi-
cians try to
keep the writ-
ing bug at
bay, perhaps
remembering
Job’s cry in
GLOBAL
the Bible: “Oh
VIEW
. . . that mine
By Walter
adversary had
Russell Mead
written a publican thinkers can em-
book.” A brace. In his “attack the Dem-
writer gives hostages to for-
tune on every page, and oppo-
sition researchers will comb
over the books of rival politi-
cians for years to come.
For Arkansas Sen. Tom Cot-
ton, however, writing has
been key to his political rise.
As an Army officer serving in
Iraq, he wrote a letter to the
New York Times expressing
hope that the Justice Depart-
ment would prosecute the
journalists responsible for re-
vealing information that en-
dangered the lives of soldiers.
The Times declined to publish
it, and the resulting contro-
versy helped launch his ca-
reer. Subsequent Cotton en-
counters with the Times have
been equally consequential,
wreaking havoc at the paper
and boosting his standing on
the right.
no
Now Mr. Cotton has written
a book on foreign policy that
one suspects the Times won’t
find space to review. (Al-
though the senator mentions
my work in the text, I did not
see any of the book before
publication—or even know
that he had a book under
way.)
The title, “Only the Strong:
Reversing the Left’s Plot to
Sabotage American Power,” is
When Pelé Met the Public at Chart House
By Terrell Tannen
A
few years after retiring
from soccer, Pelé starred
with John Huston in the
movie “A Minor Miracle.”
Shooting was scheduled for
the fall of 1982, in San Diego,
and I was the director.
When the crew drove
down from Los Angeles, I de-
cided to ride with Pelé’s en-
tourage in his stretch limo to
get to know him better before
filming began. The group
numbered about nine, and I
was the only representative
of the production. When ev-
eryone got hungry en route, I
didn’t know where to stop for
lunch, and I couldn’t take
Pelé just anywhere. He sud-
denly pointed out the window
and shouted in his heavy Bra-
zilian accent: “Chart House!”
As it happened, the Chart
House chain was one of Pelé’s
favorites in America, and
there it was, right off the
highway.
The moment we entered
and the latter function should
be reassigned to a pure intelli-
gence agency.
In November, Judiciary Re-
publicans defined the problem
this way: “The problem lies
with the FBI structure that cen-
tralizes high-profile cases in
D.C., in the hands of politicized
actors with politicized incen-
tives. Quite simply, the prob-
lem—the rot within the FBI—
festers in and proceeds from
Washington.”
If this diagnosis is correct,
the FBI’s misbehavior flows
from a corrupted culture at the
top. What’s surprising is how
few have pushed for a sensible
step that would start to ad-
dress it: choosing FBI directors
with experience as agents.
Yes, some rethinking of the
bureau’s mission and clearer
guidelines might be needed too.
But the FBI’s great advantage
through most of its history was
its agent culture—the culture
of an investigator, not of a
Washington attorney. It’s no co-
incidence that Mr. Wray came
from the Justice Department,
and while he didn’t create to-
day’s problems or incentives,
he plainly hasn’t fixed them.
“Chris Wray continually
cites the ‘bad apples’ the FBI
has pushed out the door with-
out recognizing the underly-
ing—cultural—problem,” says
Thomas J. Baker, a 33-year FBI
veteran and author of “The Fall
of the FBI.” “He can’t seem to
see or acknowledge it.” Mr.
Baker advocates a return to a
swear-to-tell-the-truth culture
that he believes has been com-
promised by the dominant in-
telligence approach.
us ,
l
e
al a
as polarizing as any Fox News
host could want. But beneath
the tough tone the book com-
ci on
bines a polemical description
of how leading Democrats
think about American foreign
policy with a subtle articula-
tion of the case for critical
er s
American engagement in ways
that a young generation of Re-
m er
ocrats” mode, Mr. Cotton
connects his critiques of Dem-
ocratic foreign-policy thought
m rp
with core conservative cri-
tiques of Democratic domestic
ideas. In his “reach out to Re-
publicans” mode, Mr. Cotton
reminds readers that Ameri-
co Fo
can interests require thought-
ful engagement with allies and
partners around the world.
Mr. Cotton sees Democratic
foreign policy oscillating be-
tween two distinct ap-
proaches. One he traces back
to the technocratic progres-
sivism of figures like Wood-
row Wilson. This tradition,
valuing an all-powerful federal
bureaucracy guided by well-
schooled progressive adminis-
n-
trators, scoffs at constitu-
tional limits on federal and
executive power, and it recog-
nizes no limits on the power
of the U.S. government to re-
make both American society
and the world.
The second, more radical
trend Mr. Cotton sees in Dem-
ocratic foreign-policy thought
is frank anti-Americanism. For
this portion of the left, Amer-
ica is a white-supremacist
power engaged in the system-
atic rape of the world’s re-
sources. These activists seek
to disarm the U.S. and weaken
the restaurant, Pelé was rec-
ognized. Within minutes, bus-
boys, waiters and soon diners
were strolling by our table to
get a closer look at the man
Reader’s Digest declared the
second-most famous person in
the world, slightly behind
Pope John Paul II.
This was decades before
the internet and cellphones,
and remarkable for a man
who later told me the story of
He put lunch on hold
to greet busboys,
waiters and diners.
his childhood in the moun-
tains of Brazil, where his
family never had a home
without a dirt floor. His fam-
ily was so poor that when he
was 15 and was offered a con-
tract to play for the profes-
sional soccer team Santos, his
mother sewed two pairs of
short pants together to make
In institutional terms the
FBI remains an anomaly. No
one would dream of picking an
Army soldier for Marine com-
mandant or a firefighter to
head the New York City Police
Department. But since J. Edgar
Hoover’s death 50 years ago,
Clarence Kelly and Louis Freeh
have been the only FBI direc-
tors with experience as agents.
Traditionally the FBI’s cul-
ture gave its agents great au-
thority in handling cases. In
contrast, most of today’s
abuses aren’t the work of some
The bureau’s culture
has been corrupted by
a leadership class with
no field experience.
rogue agent in Dubuque but the
result of interventions from
Washington. The mishandling
of the FBI investigations into
both Hillary Clinton’s emails
and Mr. Trump’s alleged collu-
sion with Russia, for example,
was a consequence of James
Comey’s running the cases
from FBI headquarters.
Look at Stephen Friend, an
FBI agent in Florida who ob-
jected to a kick-down-the-door
mentality that often seemed to
aim for political effect rather
than respond to genuine risk.
He was suspended after he re-
fused to join a Florida SWAT
raid on a Jan. 6 suspect and
filed a whistleblower complaint
about what he regarded as the
on
bureau’s use of excessive force.
Mr. Friend likens directing
it at every turn. Less America
makes for a better world.
The two trends often are at
cross-purposes, but there they
share a contempt for Ameri-
can interests conventionally
understood. The anti-Ameri-
can radicals see conventional
U.S. interests as bad by defini-
tion. For the world-shaping
technocrats, it is ignoble and
petty to use American power
for anything as mundane as
securing national interests.
The senator argues
for U.S. foreign
engagement while
critiquing the left.
Wilson wanted to turn World
War I into a war to make the
world safe for democracy
rather than a war to make the
world safe for the U.S. In turn,
his heirs elevate grandiose
and often unattainable goals
such as global LGBTQ rights
over American interests such
as reducing foreign tariffs on
American-made goods.
The result, as Mr. Cotton
sees it, is a mess of proliferat-
ing commitments and dimin-
ishing means. American atten-
tion is diverted toward dozens
of competing, often incompat-
ible priorities while the pillars
of our economic and military
power are undermined. We
carry out elaborate plans to
transform Afghan society
while neglecting its defense.
We are more focused on get-
ting the military to net-zero
emissions than on having
a mismatched long pair for
him to wear to the signing.
She didn’t want her son to be
embarrassed because pictures
would be taken, and the fam-
ily couldn’t afford a pair of
pants to be worn only for a
ceremony.
While we were eating, a
busboy edged his way to the
table and, while refilling the
water glasses, shyly asked
Pelé if he would mind coming
to a pay phone near the
kitchen to say hello to the
busboy’s mother, who lived in
Guadalajara, Mexico, and was
waiting on the line.
Pelé, whose native lan-
guage was Portuguese, spoke
passable Spanish but very lit-
tle English. He immediately
brightened and told the bus-
boy he would be happy to. He
got up, and with his Cuban
bodyguard, Pedro, who fol-
lowed him everywhere, went
to the bank of pay phones.
Pelé lifted the dangling re-
ceiver and, constantly inter-
rupted by workers stopping to
SWAT teams at people who had
already offered to cooperate
with the FBI to using an “ele-
phant gun for killing a mouse.”
Or consider the arrest of
pro-life activist Mark Houck in
Pennsylvania. Mr. Houck is ac-
cused of shoving an escort out-
side an abortion clinic in Octo-
ber 2021. His wife said a SWAT
team of about two dozen armed
FBI agents came to the house
early in the morning of Sept.
23, 2022 (almost a year after
the alleged shove), to arrest her
husband. The bureau disputes
details of her account—such as
saying it wasn’t a SWAT team—
but won’t say exactly how
many armed agents were there.
The question is whether this
show of force was necessary for
a man who wasn’t a threat,
who had no criminal history,
and whose lawyer, the Thomas
More Society’s Matt Heffron,
had emailed an assistant U.S.
attorney in June saying Mr.
Houck would accept a sum-
mons to surrender himself.
Even if the FBI can lawfully
take some of these actions, the
question that remains is judg-
ment—something that can’t be
legislated or fixed by structural
changes.
Many of the bureau’s fierc-
est critics say the overwhelm-
ing majority of agents are pro-
fessional investigators who do
their jobs without regard to
politics. That’s precisely the
culture the FBI needs. So why
not start a reform by picking
the next FBI director from
their ranks, and returning case
decisions where they belong—
to agents in the field?
Write to mcgurn@wsj.com.
enough weapons to supply
both Ukraine and Taiwan.
The Obama years saw these
tendencies operate largely un-
checked. Grandiose plans for
nuclear disarmament col-
lapsed when President
Obama’s ineffectual response
to Russia’s 2014 invasion of
Ukraine demonstrated the
folly of Kyiv’s surrendering its
nuclear weapons to Moscow
at America’s behest. The an-
nouncement of a pivot to Asia
foundered as China milita-
rized artificial islands in the
South China Sea with no seri-
ous response from Washing-
ton. Declarations about heal-
ing the rift between America
and Sunni Islam guttered out
as Mr. Obama dithered in the
face of the Syrian regime’s
murderous attacks on its own
people.
None of this was enough to
convince Mr. Obama and his
aides that their trademark mix
of moralism and restraint was
a recipe for serial disaster.
One hopes the Biden adminis-
tration will take note.
Mr. Cotton’s book is, of
course, a partisan document.
Democrats have their flaws,
but Republicans don’t always
approach foreign policy with
the appropriate mix of Bis-
marckian drive and Metterni-
chian finesse. Still, having se-
nior politicians lay their
convictions before the public
is good for the country. One
hopes more of them will take
the time to share their for-
eign-policy views. These are
grave times; we need a more
substantive debate than
tweets and cable-news sound
bites can provide.
shake his hand, talked to the
young man’s mother for at
least 10 minutes, learning the
names and ages of her entire
family, including pets, before
returning to the table. The
busboy was thrilled.
After lunch, Pelé asked his
assistant to bring promotional
photographs from the limo.
He spent the next 15 or 20
minutes autographing them
for the restaurant staff, until
every employee and customer
received a signed photo.
Over the course of our
filming and beyond, I real-
ized this was standard behav-
ior for Pelé, who proved to
be as generous, open and
kindhearted as anyone you
could hope to meet. John
Huston described him to me
as being framed by a “black
light.” When I asked what he
meant by that, Huston looked
up with wet eyes and said:
“Purity.”
Mr. Tannen is a screen-
writer and film director.
Tuesday, January 3, 2023 | A15
BOOKSHELF | By Katrina Gulliver
Go, You
Chicken Fat, Go!
Fit Nation
By Natalia Mehlman Petrzela
(Chicago, 443 pages, $29)
W
hen fitness guru Jack LaLanne opened a gym in
Oakland, Calif., in the 1930s, he had to hire a
blacksmith to build the equipment: fitness
machines did not yet exist. As Natalia Mehlman Petrzela
writes in “Fit Nation,” in the late 19th and early 20th cen-
turies, exercising, except in the context of organized sports,
was “marginal, and even suspicious,” and being fat was
taken by many as “a positive sign of affluence.” Being lean
or muscular was likely the result of manual labor, hardly
something to which the middle classes aspired. Weight-
lifting was for the circus or the effeminate; ladies didn’t
perspire, much less sweat. “Fit Nation” is the story of
how all that changed.
There were always outliers: bodybuilders and diet
advocates like Bernarr Macfadden (publisher of Physical
Culture magazine), exer-
cise proponents like
Charles Atlas (a former
“97-pound weakling”
whose mail-order regimen
promised “everlasting
health and strength” in 15
minutes a day). But they
were viewed from a dis-
tance; it would be the post-
war prosperity of the 1950s
that shifted the public atti-
tude to fitness, and created
a consumer base with the
time and money to pursue
.
it. From the White House,
John F. Kennedy promoted
ly
a glamorous outdoor ath-
leticism, while pioneers like
LaLanne brought fitness into the home via television. No
longer a niche pursuit, fitness grew to be a standard part
of a middle-class lifestyle (even if many of us, it must be
said, observe it in the breach). Between sometime in the
1960s and the mid-1980s, working out went from eccentric
interest to “social imperative.” Today, we all know we
should be exercising, especially when we see someone else
out running.
Ms. Petrzela, who teaches exercise classes when she’s
not lecturing on cultural history at the New School, offers
an informative overview of this transformation. In 1961,
she tells us, 24 percent of American adults were regular
exercisers, but “that number jumped to 50 percent by 1968,
and 59 percent in 1984.” Those dramatic rises were driven
by inventive fitness styles, catering to different consumers:
Jazzercise for the housewife; Nautilus gyms for the yuppie;
jogging for pretty well anyone.
Other cultural and political trends converged. Jogging,
for instance, got a boost thanks to an increase in urban
marathons and fun runs from the 1970s onward. Ms.
Petrzela suggests that these races became popular because
they were cheap for cities to host and helped to promote
“an image of fiscal and personal health that offset depic-
tions of urban crime and decay.” Local governments are
happy to promote fitness as a social good and community-
building activity.
Celebrity health-boosters also modeled fitness for
different audiences: Arnold Schwarzenegger with the
extreme masculine imagery of the film “Pumping Iron”
(1977), Jane Fonda with a “Workout Book” offering her
embodied ideal of Hollywood fitness (1981). The consum-
erist 1980s also made fitness another thing to buy—and
linked fitness increasingly to appearance. Beauty standards
for women began to shift from thin to toned, and classes
proliferated to focus on the looks that would result, from
“Buns of Steel” to flat stomachs to sculpted upper arms.
Women resolutely pulled on their legwarmers and started
stepping to the beat. The speed with which the industry
grew is staggering: “By 1984, Jazzercise was the second
largest franchise business in the country,” Ms. Petrzela
reports, “just after Domino’s Pizza.”
With postwar prosperity (and a little help from
Jack LaLanne), fitness grew from a niche pursuit
to a staple of American middle-class life.
The exercise industry itself has also kept up with—indeed,
stayed ahead of—technology. Like LaLanne, other trailblazers
saw the market before it existed. Fitness tapes, including
Ms. Fonda’s, helped propel the popularity of the VHS cas-
sette in the early 1980s. Infomercials turned out to be the
perfect medium to sell home-gym equipment. Fitness also
took to the internet, and online classes were already avail-
able when the pandemic shutdowns struck.
Ms. Petrzela’s account moves at a quick-lap pace: She
scans the market from top to bottom, from the Equinox
gym to the Zumba class in a local church hall. The pursuit
of fitness has been so normalized that there are hundreds
of different options, each catering to a slightly different
demographic. The author’s own hybrid career gives her
insider access to the fitness industry and how it operates,
particularly the often-marginal economics for those teach-
ing the classes. Fitness instructors exist in a liminal space
as both service providers and aspirational symbols.
Meanwhile, for the affluent, fitness and its accessories
have become, like organic food, a form of acceptable con-
spicuous consumption. Fitness is “self-care” and therefore
somehow virtuous rather than frivolous. Fitness (and its
spawn, “wellness”) became just another path to demon-
strating success, from the thrusting ’80s, when white-collar
types sweated it out at racquetball or marathons, to the
extreme hot-yoga craze of the early 2000s. And we all like to
look like we’re exercising by wearing athleisure. (Of course,
we’re not. Gyms are the only industry to operate on a busi-
ness model that assumes most paying customers won’t show
up: Self-reported fitness participation rates are apparently
matched in their upward trajectory by adult obesity rates.)
But we want to be better. If you’ve read this far there’s
a good chance you have a ThighMaster somewhere in the
attic, maybe in a box next to the P90X DVDs and a copy
of “The South Beach Diet.” And, this being January, you’ve
also resolved to get busy on that trendy, new-style rowing
machine. Because another story in this endless cycle of
changing fitness fads is the American obsession with
novelty. An exercise style will come into fashion, and just
as quickly fall away as a new one comes down the pike.
Our pursuit of fitness is the story of our optimism. Each
time people sign up for something new, they’re hoping
that this, this will be the one that works.
Ms. Gulliver is writing a history of urban life.
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

A16 | Tuesday, January 3, 2023 THE WALL STREET JOURNAL.

OPINION
REVIEW & OUTLOOK LETTERS TO THE EDITOR

Unhappy New Tax Year A ‘Pretty Good Year’ for America? Try Again

H
appy New Year, or, if you’re in business, All of these are the phased detonation of William Galston’s assertion that Rhapsodizing about the “legisla-
unhappy new tax year. American em- charges laid in 2017. Congress passed tax reform 2022 was “a pretty good year for the tion forged by shifting bipartisan co-
U.S.” is a strained effort to see the alitions,” Mr. Galston enumerates “a
ployers are getting hit in 2023 with a under the budget reconciliation process and had
glass as half full (“Democracy Made a string of achievements.” Among them
variety of tax increases even to keep the package revenue-
as the risk of recession rises U.S. employers are neutral within a 10-year win-
Comeback in 2022,” Politics & Ideas,
Dec. 28). The suggestion that Presi-
is “the most significant gun-safety
bill in decades.”
along with interest rates.
The tax hikes arrive for two
getting hit with higher dow. That meant including de-
layed tax hikes, such as R&D
dent Biden “forged an effective inter- Two questions: First, is a “gun-
national alliance against Russia’s in- safety bill” a euphemism for a “gun-
reasons: provisions of the taxes on investment. amortization, to offset imme- vasion of Ukraine” disguises the control bill”? Second, how does the
2017 GOP tax reform that are diate cuts to personal and cor- administration’s singular diplomatic gun-safety bill earn the designation
phasing out, and big tax in- porate taxes. failure: its inability to persuade Presi- “significant”? If the designation is
creases that passed as part of the Democrats’ But Republicans always planned to make dent Vladimir Putin not to mount an predicated on the effectiveness of
Inflation Reduction Act. The Biden Administra- the best provisions permanent. Rep. Kevin invasion. Elsewhere overseas, China’s that bill, should we expect statisti-
tion doesn’t want to tell you this, so we thought Brady, the soon-to-retire GOP leader on House zero-Covid policy may have hurt Pres- cally significant drops in the homi-
ident Xi Jinping, but 2022 also saw cide rates for cities such as Balti-
we’d list the unmentionables: Ways and Means, sought to restore the imme-
him dismantle democracy in Hong more, Chicago, Detroit, Cleveland,
• Capital expensing. The biggest business tax diate R&D deduction in March, and he has Kong and continue to menace Taiwan. New Orleans, Newark, N.J., Stockton,
hit is the end of full, immediate expensing for pushed repeatedly to extend and expand full The cited string of bipartisan legis- Calif., and Oakland, Calif.?
equipment. The 2017 tax reform spurred invest- capital expensing. lative “achievements” includes items Without significant drops in gun
ment by letting businesses immediately deduct Many Democrats support these policies in that can more properly be viewed as violence and homicides, what does
the full cost of hardware like trucks and ma- principle, which is why they included full capital crony capitalism: the bloated infra- “significant” actually signify?
chines, but that policy is set to phase out. The expensing in the Build Back Better Act that structure bill was rife with subsidies JEFFREY R. SMITH
maximum early deduction drops this year to passed the House last year. But Democrats now for big labor and other favored con- Alameda, Calif.
80%, and it will continue to decrease each year want to hold business tax cuts hostage to a $1 stituencies, and the huge domestic
until it disappears in 2026. trillion expansion of the child tax credit. The semiconductor protection legislation I readily identify with Mr. Galston’s
“Delayed deductions effectively shift taxes child credit does nothing for the economy, and constitutes rank corporate welfare. pleasure over the government’s 2022
The “much-needed boost in mili- domestic spending. This Christmas, I
forward in time,” says a Tax Foundation report, last month the Joint Committee on Taxation es- tary spending” came at far too high a gave my wife a new BMW M8, a Tif-
resulting in “less capital formation, lower pro- timated that reviving the enlarged credit would price: a nearly commensurate in- fany 8-carat tennis bracelet in plati-
ductivity and wages, and less output.” The shrink the labor force by at least 300,000. crease in domestic spending. This on num and a Rolex diamond-bezel Date-
change won’t help business investment, which Meantime, two provisions of the Inflation the heels of multitrillion-dollar do- just. She gave me a new Porsche 911
fell 22% from April to October. Reduction Act also took effect Jan. 1: mestic expenditures cast as pan- Carrera, a 40’ Hinckley picnic boat
• R&D expensing. This big hit has already ar- • A new corporate minimum tax. This 15% demic-relief measures. and a Piaget Polo Emperador Dual
rived. January 2022 marked the end of full ex- levy hits large U.S. firms earning more than $1 True, former President Donald Time watch.
pensing for corporate research and develop- billion in book income annually. The tax will fall Trump has been weakened, but as Mr. And the best part? Since we can’t
ment, a benefit that began in 1954. Companies heavily on industries like real estate and mining Galston acknowledges, he still has a afford any of these gifts, we’ve de-
could previously deduct R&D spending from that currently benefit from Congressional path back to power. Let’s hope 2023 cided to send the bills for them to
isn’t another “pretty good” year. our children and grandchildren.
their next tax bill, but they now have to spread carve-outs, according to the Tax Foundation.
KENNETH A. MARGOLIS DAVID B. GERGES
the deduction over several years (five years for The levy will raise the average effective tax rate Chappaqua, N.Y. Bonita Springs, Fla.
domestic spending, 15 for international). on corporate income to 19.3% from 18.7%.

.
In a letter to Congressional leaders last • The stock buyback tax. This 1% tax applies

ly
spring, the CEOs of 36 large companies estimated to repurchases of stock by publicly traded com-
that the spaced-out research deduction would panies. This is essentially an alternative way of
cost businesses $29 billion by year end. taxing dividends and is a drag on the efficient
Netanyahu’s Intolerant Coalition Partners
on
• Interest expensing. The cap on the business allocation of capital. It will cause more cash to
interest deduction dropped last year when the sit longer on company books rather than going
formula changed to exclude amortization. This toward investment.
I take issue with Bezalel Smotrich’s
characterization of his positions (“Is-
rael’s New Government Isn’t What
You’ve Heard,” op-ed, Dec. 28). Mr.
Smotrich aims to do the opposite.
Mr. Smotrich doesn’t represent my
Judaism or my American-Israeli val-
ues. All I am left with is to hope that
is justifiable as part of tax reform, since the tax i i i
Smotrich’s party demanded that its Prime Minister Benjamin Netanyahu
us ,

code shouldn’t have a subsidy for debt over eq- The overall economic impact of these new
coalition agreement include legisla- does what he does best—stab his po-
l

uity. But the timing now is bad. taxes is hard to estimate, but the more you tax tion that would allow doctors to re- litical partners in the back.
e
The cost of borrowing is climbing in step investment the less investment you get. This
al a

fuse to provide medical treatment on ARIELLA BERNSTEIN

with the Federal Reserve’s interest-rate hikes, won’t help an economy that needs more sup- the grounds of their religious beliefs, Jerusalem
and the smaller deduction compounds the pain. ply-side investment to counter the demand- and enable hotels to refuse service on
ci on

That’s especially true for manufacturers and side damage from higher interest rates. Hold similar grounds, legalizing discrimi- Mr. Smotrich writes that he wants
other capital-heavy companies with significant on tight because the 2023 economic ride could nation of all kinds. to set side “a minuscule number of
multiyear costs. be bumpy. In his op-ed, Mr. Smotrich refers sex-separated beaches.” What about
to the U.S. Supreme Court’s Master- devoting a small portion of the West-
piece Cakeshop decision (2018), but ern Wall for mixed-gender prayer by
er s

Jimmy Lai Won’t Get His Lawyer it is the height of hypocrisy to

quote a legal decision that protected
non-Orthodox Jews?
JOSE REINES

C
m er

religious neutrality when Mr. Los Angeles

ommunist regimes and their factotums News reports say the Hong Kong government
abuse the legal system to get what they will now pass legislation to clarify its criteria.
want, and the latest example is Hong The truth is that this new interpretation of
Kong. The Standing Committee of the National the national security law only happened be-
Financial Math Doesn’t Add Up for Hospitals
m rp

People’s Congress in Beijing has approved Hong
Kong chief executive John Lee’s request to let
him bar foreign lawyers from participating in
national security trials.
Mr. Lee beseeched his bosses in Beijing for
co Fo
cause Mr. Lee is determined to keep Mr. Owen
from representing Mr. Lai. Beijing also ruled
that any executive decision on a foreign lawyer
isn’t open to appeal. Again the world sees how
the national-security law is a license for the
We’ve missed a critical opportunity
to have a real conversation on the
care of the nation’s 6,100 hospitals
and the financial realities they face
(“Hospitals Shun Poorer Areas,” Page
dollar, resulting in $75.6 billion in un-
derpayments for hospitals. Further,
since 2000, hospitals of all kinds have
provided nearly $745 billion in care
for which they received no payment.

help after the Hong Kong courts rejected his bid
to stop Jimmy Lai—the imprisoned Apple Daily
publisher—from hiring King’s Counsel Timothy
Owen to represent him at his looming trial on
national security charges. Mr. Owen is based in
the U.K. and has represented Hong Kong clients
in the past.
The government insists the decision upholds
Hong Kong’s autonomy because Beijing leaves
the final decision on which lawyers can practice
to Mr. Lee and Hong Kong’s Committee for Safe-
guarding National Security—which Mr. Lee
n-
government to do whatever it wants.
The participation of foreign lawyers from
common-law jurisdictions has always been a
barometer of Hong Kong’s judicial indepen-
dence. There are many capable lawyers in Hong
Kong, but living there also makes them more
vulnerable to pressure. How easy would it be
for a local lawyer to find other clients if the gov-
ernment let it be known it thought him too ag-
gressive in defending Mr. Lai or any of the other
political prisoners in Hong Kong?
This ruling from Beijing is another illustra-
One, Dec. 27). It isn’t true that non-
profit healthcare systems make access
decisions based solely on insurance
and income. This article fails to ac-
knowledge the critical roles that low
government reimbursement, popula-
tion shifts and old infrastructure play.
Population trends have shown for
years people leaving urban and rural
areas in favor of smaller cities and
suburbs. Meanwhile, payments from
Medicare and Medicaid don’t cover
the cost of providing care. In 2020,
Today, more than half of U.S. hospitals
are operating at a loss, while expenses
and inflation are at historic highs.
The conversation on how to pro-
vide the best care to everyone, espe-
cially those most in need, is too im-
portant not to be done right. We owe
that to our hospitals and the millions
of caregivers who sustain them.
RICK POLLACK
CEO, American Hospital Association
Washington

Medicare paid only 84 cents on the

chairs. Technically the decision doesn’t over- tion of how the law in Hong Kong now operates. The Supreme Court and the
rule the Hong Kong courts because it says that Mr. Lee decides the outcome he wants and then
this is simply not the courts’ decision to make. does whatever it takes to get there. The ‘Authoritarian Model’ Struggle for Political Power
no

Regarding James Taranto’s op-ed

Escaped History’s Dustbin “Democrats Hold the Senate, and Lib-
Pope Benedict XVI, 1927-2022 Walter Russell Mead’s “America Is
Stronger Than Biden” (Global View,
eral Justices Suddenly Get Old” (Dec.
27): It seems the left has realized

P
ope Emeritus Benedict XVI died Saturday
at age 95 at the monastery inside the Vat-
ican where he’d been living since he re-
signed in 2013—the first pope to resign in nearly
600 years. His reason for stepping down was
straightforward: Then age 85, he was no longer
up to the demands of the job. But the writings
of the man born Joseph Ratzinger are the most
significant legacy of his life and papacy.
They reflect his theological focus on the in-
terplay between reason and faith, or between
Athens and Jerusalem in the Western philosoph-
ical tradition. Rather than foes, he saw each as
a necessary check on the other. This was the
message of his 2006 address at the University
of Regensburg, which was widely misinterpreted
as an attack on Islam.
The irony is that Pope Benedict’s most
pointed criticisms were reserved for a West that
was abandoning the transcendent moral truths
its civilization was founded on. In his last ser-
mon before becoming pope, he warned about “a
dictatorship of relativism which does not recog-
nize anything as for certain and which has as its
highest goal one’s own ego and one’s own de-
sires.” Sound relevant today?
This message was all the more powerful com-
ing from a German who lived through the evils
of fascism and communism in his homeland.
While visiting the U.K in 2010 on the anniversary
of the Battle of Britain, he thanked his hosts for
defeating the Nazis.
Yet for all his respect for tradition, Pope
Benedict was not pining for a return to medi-
eval society. He was a champion of the Second
Vatican Council who recognized the seculariz-
ing trends in the West long before he moved
to Rome. The modern church, he said, might
have to become smaller to remain faithful, and
operate as a “creative minority” by offering a
society a window to what life looks like when
it is lived by Christian principle.
The pope was fascinated by America, intro-
ducing himself on a 2008 visit to the White House
as a friend of “this vast pluralistic society.” Unlike
French secularism, for example, America’s was
rooted in the self-evident truths of its Declaration
of Independence, not on indifference or hostility
to the very idea of truth.
Above all, he believed in the necessity of hon-
est dialogue, which requires religion to be open
to reasoned debate. So it was with Italian jour-
nalist Oriana Fallaci, an atheist who admired
Pope Benedict for his defense of European civili-
zation. “I feel less alone when I read the books
of Ratzinger,” she told one of our writers before
she died.
Even those with irreconcilable claims to
truth can have a fruitful dialogue if they are
willing to address differences honestly. When
Rabbi Jacob Neusner wrote a book explaining
why he, if he had been a first-century Jew,
would not have followed Jesus, Pope Benedict
famously answered him in his own book—the
fruit of a long personal and intellectual friend-
ship between the two men.
His papacy was marred by scandals involving
subordinates at the Vatican, and a more adept
administrator would have managed them better
than a philosopher. His resignation is also criti-
cized in some quarters. But it strikes us as a
brave and useful precedent given lengthening
lifespans and the risk of papal infirmity when
the world’s more than one billion Catholics need
active leadership.
Pope Benedict had a tough act to follow when,
much against his will, he was chosen in 2005 to
succeed his friend and collaborator Pope John
Paul II. But Pope Benedict left his own mark in
profound writings, which will be instructive and
influential for people of faith or reason for cen-
turies to come.
Dec. 20) rightly balances the decline
of Pax Americana against the weak-
nesses of authoritarian systems. It is
nevertheless disturbing when Mr.
Mead writes that recent “thuggish”
behavior by Russia, China and Iran
has “taken the shine off the authori-
tarian model.” That is correct, but
why was there a “shine” in the first
place? Why were so many celebrities
and intellectuals fooled?
The history of the 20th century
should have taught us that autocra-
cies are the source of the greatest
evils. Celebrities may mean well, but
we expect them to be hopelessly na-
ive. Leftist intellectuals, on the other
hand, know history, yet many of them
continue to espouse dangerous, radi-
cal ideologies.
LAURENCE NEEDLEMAN
River Vale, N.J.
Why We Don’t Just Move On
Regarding “Jenkins Is Nothing if
Not Consistent on FBI” (Letters, Dec.
27): What if the “big guy” in Hunter
Biden’s text turns out to have been
President Biden, and he, as vice presi-
dent, had also reaped unmerited
windfall profits? Would that make the
story’s suppression merely an annoy-
ance with no substantive effect, as
the reader suggests? I think not.
ALAN SMITH
Delray Beach, Fla.
Letters intended for publication should
be emailed to wsj.ltrs@wsj.com. Please
include your city, state and telephone
number. All letters are subject to
editing, and unpublished letters cannot
be acknowledged.
that it is in danger of losing its hold
on power. Leftists have identified all
sorts of reasons for this: voting pro-
cedures, the Electoral College, the
Senate and the makeup, structure and
now even the members of the Su-
preme Court. The only issues they
don’t identify are the ones with left-
wing governance. No changes will be
contemplated there.
DAN PASTOR
Durham, N.C.
The lesson to learn from Justice
Ruth Bader Ginsburg’s passing is that
the Supreme Court should have a
mandatory retirement age. No one
can predict which party will be in
charge of the Senate when a justice
who has reached the age limit must
be replaced. The law of averages will
favor neither party and younger jus-
tices can still retire for political rea-
sons if they so choose.
MEL YOUNG
Boca Raton, Fla.
Pepper ...
And Salt
THE WALL STREET JOURNAL
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
THE WALL STREET JOURNAL.
America’s True Divide: Pluralists vs. Zealots
By Ben Sasse
T
he most important divide
in American politics isn’t
red versus blue. It’s civic
pluralists versus political
zealots. This is the truth
no one in Washington acknowledges
but Americans must realize if we’re
going to recover.
Civic pluralists understand that
ideas move the world more than
power does, which is why pluralists
value debate and persuasion. We be-
lieve America is great because it is
good, and America is good because
the country is committed to human
dignity, even for those with whom
we disagree. A continental nation of
330 million souls couldn’t possibly
agree on everything, but we can
Stop making politics about
partisan identities and
tribalism and get back to
persuasion and policy.
hash out our disagreements in the
communities where we live and the
institutions we build. The small but
important role of government, for
the civic pluralist, is a framework for
ordered liberty. Government doesn’t
give us rights, or meaning, or pur-
pose or permission. It exists to pro-
tect us from the whims of mobs and
majorities.
Political zealots reject this, hold-
ing that society starts and ends with
power. Government in their view
isn’t to protect from the powerful or
the popular. More than anything
else, zealots—on the right and the
left—seek total victory in the public
square. They believe that the center
of life is government power. They
preach jeremiads of victimhood and
decline. On the left, they want a
LIFE SCIENCE
By Allysia Finley
P
ublic-health experts are sound-
ing the alarm about a new Omi-
cron variant dubbed XBB that
is rapidly spreading across the
Northeast U.S. Some studies suggest
it is as different from the original
Covid strain from Wuhan as the 2003
SARS virus. Should Americans be
worried?
It isn’t clear that XBB is any more
lethal than other variants, but its mu-
tations enable it to evade antibodies
from prior infection and vaccines as
well as existing monoclonal antibody
treatments. Growing evidence also
suggests that repeated vaccinations
may make people more susceptible to
XBB and could be fueling the virus’s
rapid evolution.
Prior to Omicron’s emergence in
November 2021, there were only four
variants of concern: Alpha, Beta,
Delta and Gamma. Only Alpha and
Delta caused surges of infections
globally. But Omicron has begotten
numerous descendents, many of
which have popped up in different re-
no
gions of the world curiously bearing
some of the same mutations.
“Such rapid and simultaneous
New Year’s Can Be Humbling. Resolve to Keep It That Way
FREE
EXPRESSION
By Gerard Baker
T
he new year’s arrival is hum-
bling for some of us. There is
optimism, that timely annual
infusion of resolve into aging veins;
the brief, evidence-defying advan-
tage that hope snatches from experi-
ence at the start of every January.
But especially once you’re well past
life’s halfway mark and the iron of
realism has taken up residence in
the soul, it is more a moment for re-
flection on real historic losses rather
PUBLISHED SINCE 1889 BY DOW JONES & COMPANY
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powerful bureaucracy. On
the right, they want a
strongman. But they agree
on a central tenet: Ameri-
cans are too weak to solve
problems with persuasion.
They need the state to do
it.
The zealots thrive in the
chaos of the current mo-
ment. We are living in a
disrupted age. The Digital
Revolution has shifted
Americans’ technological,
economic, geographic and
cultural life, and our polit-
ical disruption is the re-
sult of these changes in
our ways of feeling and
thinking.
Modern media, through
myriad outlets at our fin-
gertips, all of them small
and narrowly targeted, has
transformed Americans’
conception of community.
As communications be-
come more instantaneous, we’ve
become siloed and more lonely. We
know less about our neighbors and
more about the viral nut jobs who
reinforce our polarized political
opinions. Social media, cable televi-
sion and click-bait news amplify
the angriest voices. This is a casino
business model, trying to captivate
audiences instead of informing
them. Social algorithms run on
rage. Good-faith arguments don’t
go viral.
The stupidity of tribalism has
made politics primarily about parti-
san identities, not persuasion or
policy. The screamers on the right
and left fuel one another. In a nation
as big as ours, there is always some-
one somewhere saying something
on
stupid—but tribalism takes this fact
as its lifeblood. And it’s the excuse
for otherwise civic-minded Ameri-
cans to ignore the nuts in their own
party and obsess only over the nuts
us ,
l
e
al a
Are Vaccines Fueling New Covid Variants?
ci on
emergence of multiple variants with
enormous growth advantages is un-
precedented,” a Dec. 19 study in the
journal Nature notes. Under selective
evolutionary pressures, the virus ap-
er s
pears to have developed mutations
that enable it to transmit more easily
m er
and escape antibodies elicited by vac-
cines and prior infection.
The same study posits that im-
mune imprinting may be contributing
to the viral evolution. Vaccines do a
m rp
good job of training the immune sys-
tem to remember and knock out the
original Wuhan variant. But when
new and markedly different strains
come along, the immune system re-
co Fo
sponds less effectively.
Bivalent vaccines that target the
Wuhan and BA.5 variants (or break-
through infections with the latter)
prompt the immune system to pro-
duce antibodies that target viral re-
gions the two strains have in com-
mon. In Darwinian terms, mutations
that allow the virus to evade common
antibodies win out—they make it
“fitter.”
XBB has evolved to elude antibod-
ies induced by the vaccines and
n-
breakthrough infections. Hence, the
Nature study suggests, “current herd
immunity and BA.5 vaccine boosters
may not efficiently prevent the infec-
tion of Omicron convergent variants.”
A New England Journal of Medi-
cine study published last month
than elusive future gains: opportuni-
ties not taken, promises not kept,
convictions that proved false.
I always look back on the past
year and cringe at what I got wrong,
what I did wrong, and what I
wrongly failed to do. In this respect,
at least, 2022 was another one for
the ages. This isn’t necessarily to say
it was disappointing. Some of my
confident predictions proved too
pessimistic: I thought that Russia
would easily vanquish Ukraine, that
the U.S. would slip into a deep reces-
sion, and that I’d succumb at last to
some terrible disease. I’m content, if
a little embarrassed, to be 0 for 3
there. On the other hand there were
disappointing errors: I was convinced
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Chief Executive Officer, News Corp
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OPINION
in the other party. We’re tempted to
think that the enemy of my enemy is
my friend. It takes a genuine leader
to remind us that most of the time,
the enemy of our enemy is still a
jackass.
Through all this the Senate has
been AWOL. At every other disrup-
tive moment in American history,
the Senate had something to con-
tribute. Leaders stood up to debate
our country’s challenges: Webster,
Clay, Chase Smith, Dirksen, Moyni-
han. These were leaders who had
something to say about the future.
You could agree or disagree, love or
hate them, but you had to be ready
to debate. Great senators of the past
stood up for ideas, not mere parti-
sanship. Today, presidential hopefuls
speechify to an empty chamber, blast
fundraising emails during performa-
tive hearings and yell all day—to
what end? To go on cable and yell
anew all night.
provides more evidence of the vul-
nerability caused by immune im-
printing. Neutralizing antibodies of
people who had received the biva-
lent were 26 times as high against
the original Wuhan variant as they
were against XBB and four times as
high as they were against Omicron
and the BA.5 variant.
Similarly, a study this month in
the journal Cell found that antibody
levels of people who had received
four shots were 145 times as high
The virus appears to be
evolving in ways that evade
immunity. Health officials
should focus on treatment.
against the original Wuhan strain as
the XBB variant. A bivalent booster
only slightly increased antibodies
against XBB. Experts nevertheless
claim that boosters improve protec-
tion against XBB. That’s disinforma-
tion, to use their favored term.
A Cleveland Clinic study that
tracked its healthcare workers found
that bivalent vaccines reduced the
risk of getting infected by 30% while
the BA.5 variant was spreading. But,
as the study explained, the reason
might be that workers who were
that there would be a red wave in the
midterm elections, that Joe Biden
would be well on his way to one-
term oblivion, and that I was going
to run four miles a day. Thank you,
and yes, I do stock recommendations
and racing tips too.
Such a near-perfect record calls
for humility—yet not so much humil-
ity that I can’t recognize the same
failing in others. So here’s a resolu-
tion I will promise to try hard to
keep in 2023 and respectfully ask ev-
eryone else to do the same: Can we
strive to keep two competing ideas
in our heads at the same time?
By this I don’t mean believing si-
multaneously in say, cannibalism
and veganism, or flat-Earth cre-
ationism and heliocentric secular-
ism. I mean can we start to work to
eradicate the binary mind-set that
has seized our thinking about the
kind of society and world we think
we should live in? This is the mind-
set that insists that every issue and
question we confront poses an exis-
tential threat to our way of life if we
don’t select the “right” choice. At
this time of year especially, as we
look back at the usual mix of things
we got right and wrong, and forward
to our hopes and plans, can we at
least acknowledge the complexity of
a world where our certainties
proved so uncertain?
This isn’t a call for some kind of
nihilism, or for a moral or intellectual
relativism that assigns neutral value
to all ideas, however evil or mad. It is
a call for a hint of skepticism in the
The good news is that the Ameri-
can people are bored by this and
there’s a huge majority market for
something better. Twitter isn’t real
life, and cable television doesn’t rep-
resent the public. The vast majority
of Twitter traffic is driven by less
than 2% of the public. According to
Pew, less than 6% of Americans gen-
erate 99% of political tweets. The
programs of Tucker Carlson, Law-
rence O’Donnell and Anderson Coo-
per draw prime-time audiences that
sound impressive until you realize
that together they account for less
than 2% of the public.
Here’s more good news: Ameri-
cans can and will break the outrage
cycle by building institutions. The
zealous central planners don’t own
America’s future. This country be-
longs to the optimists, the innovators
and the builders. The places where
we’ll figure out what comes next are
churches, schools, businesses and
more cautious—i.e., more likely to
wear N95 masks and avoid large
gatherings—may have also been
more likely to get boosted.
Notably, workers who had received
more doses were at higher risk of
getting sick. Those who received
three more doses were 3.4 times as
likely to get infected as the unvacci-
nated, while those who received two
were only 2.6 times as likely.
“This is not the only study to find
a possible association with more
prior vaccine doses and higher risk
of COVID-19,” the authors noted. “We
still have a lot to learn about protec-
tion from COVID-19 vaccination, and
in addition to a vaccine’s effective-
ness it is important to examine
whether multiple vaccine doses
given over time may not be having
the beneficial effect that is generally
assumed.”
Two years ago, vaccines were
helpful in reducing severe illness,
particularly among the elderly and
those with health risks like diabetes
and obesity. But experts refuse to
concede that boosters have yielded
diminishing benefits and may even
have made individuals and the popu-
lation as a whole more vulnerable to
new variants like XBB.
It might not be a coincidence that
XBB surged this fall in Singapore,
which has among the highest vacci-
nation and booster rates in the
face of absolutism, of self-awareness
in the face of self-righteousness, of
intellectual diversity in the face of
ideological monomania, and for a re-
newed appreciation of the virtue of
incrementalism in an age of vaulting
ambition.
It’s ironic that Americans, who
have created the most dynamic and
brilliant country in history, have be-
come so seized of this binaryism.
A call for skepticism in the
face of absolutism and
self-awareness in the face
of self-righteousness.
It is possible, for example, to be-
lieve that America is a flawed coun-
try, one that needs constant refor-
mation and renewal, but also that it
remains better than any other coun-
try in the world. That we should
never be satisfied with the progress
made here but that acknowledging
that progress is not some act of re-
actionary extremism.
For my friends on the right: It
may be true that this country is
home to some of the most vile mani-
festations of extreme libertinism and
displays worrying signs of the en-
croachment of a technocratic au-
thoritarianism. That doesn’t mean
Vladimir Putin’s Russia is a better al-
ternative or that liberal democracy
has somehow failed.
Tuesday, January 3, 2023 | A17
neighborhood associations.
America can’t do big
things if we hate our
neighbors. Americans have
always done big stuff: win-
ning world wars, walking
on the moon, beating the
Soviets. None of these
would have been possible if
tribalism and hatred of our
neighbors had defined us.
As we did with urbaniza-
tion and industrialization
in the 19th and 20th centu-
ries, in the 21st century we
have to build big. We must
navigate technological dis-
ruption, relaunch a post-
pandemic economy and
win the tech race against
the Chinese Communist
Party. Political zealots
can’t do these things. Only
PHIL FOSTER
pluralists can. Recovery is
possible.
But if recovery is to
come, here’s what it will
look like: Senators will have to ac-
knowledge that a politicized echo
chamber is unworthy of the world’s
greatest deliberative body. Citizens
will have to see that recovery means
resisting the temptation to reduce
fellow Americans to caricatures of
their political affiliations. Recovery
requires investment in things that
will outlast partisan preferences. We
must steward the present age, and
play our small but vital parts in the
work of self-government.
This is what Americans have al-
ways done, and why people from all
.
over the world still yearn to join this
crazy, beautiful experiment in lib-
ly
erty. America was the best home
freedom has ever had, and it still is.
Let’s build together anew.
Mr. Sasse, a Republican, is a U.S.
senator from Nebraska. He has been
appointed president of the University
of Florida.
world. Over the past several weeks a
XBB strain has become predominant
in New York, New Jersey, Connecticut
and Massachusetts, making up about
three-quarters of virus samples that
have been genetically sequenced. The
variant has been slower to take off in
other regions, making up only 6% of
the Midwest and about 20% in the
South. The Northeast is also the most
vaccinated and boosted region in the
country.
Hospitalizations in the Northeast
have risen too, but primarily among
those over 70. One reason may be
that the T-Cell response—the cavalry
riding behind the front-line antibod-
ies—is weaker in older people. The
virus can’t evade T-Cells elicited by
vaccines and infections as easily as it
can antibodies. Because of T-Cells,
younger people are still well-pro-
tected against new variants.
Another reason may be that mono-
clonal antibodies are ineffective
against XBB, and many older people
who catch Covid can’t take the antivi-
ral Paxlovid because they have medi-
cal conditions such as severe kidney
disease or take drugs that interfere
with it.
The Biden administration’s mono-
maniacal focus on vaccines over new
treatments has left the highest-risk
Americans more vulnerable to new
variants. Why doesn’t that seem to
worry the experts?
To those on the left: Racism and
discrimination do remain deep
wounds in American society, and it
will be ever thus—you aren’t going
to eradicate human prejudice no
matter how many diversity, equity
and inclusion officers you hire. But
we have made extraordinary prog-
ress in marginalizing and discredit-
ing it.
The great conundrum for the
more skeptical among us: Advances
in the lot of humanity have rarely
come from calls for moderation and
humility, but from true believers—
zealots who convinced enough peo-
ple that the choice they faced really
was a binary one between good and
evil.
The Founding Fathers didn’t
achieve American independence by
admitting that maybe constitutional
monarchy had its advantages. Win-
ston Churchill didn’t lead the world
to victory over tyranny with care-
fully balanced consideration of Ger-
man grievances about Versailles.
Extremism in the defense of lib-
erty really is no vice.
So our task is to sift from this
history a proper understanding of
what truly threatens us and what
merely challenges us.
As we start another year our do-
mestic political and cultural differ-
ences are significant and enduring.
But are they really an existential
challenge to our way of life on the
level of, say, Russian or Chinese to-
talitarianism?
I’d say not. But I could be wrong.
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
A18 | Tuesday, January 3, 2023
Syria Says Israeli Missiles Shut Airport
State news agency
reports two military
personnel were killed
in attack on Iran ally
BY JARED MALSIN
Syria said Israel launched
missile strikes on Damascus’s
international airport, killing
two military personnel and
briefly shutting the facility,
the latest attack targeting a
key Iran ally in the region.
Monday’s strikes took place
at 2 a.m. local time and caused
material damage to the airport
in the country’s capital, Syria’s
state-run news agency SANA
ALAA BADARNEH/EPA/SHUTTERSTOCK
Palestinians at a funeral in the West Bank City of Jenin on Monday carried the bodies of two men killed in clashes with Israeli forces.
Two Palestinians Killed in West Bank
BY AARON BOXERMAN
AND FATIMA ABDULKARIM
JERUSALEM—Israeli forces
killed two Palestinians during
clashes near the West Bank
city of Jenin early Monday, Pal-
estinian health officials said.
This latest incident comes
on the heels of the deadliest
year for Palestinians in the oc-
cupied West Bank and East Je-
rusalem in more than a decade
and a half.
The soldiers entered the Pal-
estinian town of Kafr Dan late
Sunday to demolish three resi-
dential apartments belonging
to the families of Palestinian
militants who shot and killed
an Israeli soldier in September,
the Israeli army and Palestin-
ian witnesses said. The army
said Palestinians hurled rocks
and explosive devices and
opened fire on the soldiers.
“[The soldiers] fired towards
militants who had shot at
no
them. Hits were identified,” the
Israeli military said, although it
didn’t explicitly confirm killing
the two Palestinians.
The Hamas militant group
claimed one of the two Pales-
tinians, Fouad Abed, as a
member. It wasn’t immediately
clear whether the other Pales-
tinian killed had participated
in hostilities. Three more Pal-
BRAZIL
Thousands Gather
To Honor Pelé
Thousands of mourners be-
gan paying their respects to Pelé
in a solemn procession past his
coffin at the Vila Belmiro Sta-
dium in his hometown of Santos
on Monday.
The Brazilian soccer great,
born Edson Arantes do Nasci-
mento, died Thursday after a
battle with cancer. He was 82
years old.
Pelé’s coffin was placed on
the field where he scored some
of his best goals. A Catholic
Mass will be celebrated there
Tuesday morning before his
burial at a nearby cemetery.
—Associated Press
PHILIPPINES
At Least 51 Dead in
Flooding, 19 Missing
Thousands of people in the
Philippines remained in emer-
gency shelters in the wake of
devastating Christmas flooding,
reported. The airport re-
opened at 9 a.m. after a series
of missiles hit the facility
overnight, Syria’s Transporta-
tion Ministry said. Two sol-
diers were wounded in the at-
tack, the ministry said.
The Israeli military declined
to comment on the attack. Is-
raeli officials generally don’t
comment on individual air-
strikes in Syria.
The attack is the latest in a
long-running shadow war be-
tween Israel and Iran playing
out in Syria and throughout
the Middle East. Since 2017,
Israel has carried out more
than 400 airstrikes in Syria
targeting what it says are
Iran’s military assets and its
on
us ,
l
e
al a
ci on
er s
estinians were wounded, one
m er
of them critically, Palestinian
health officials said.
At least 146 Palestinians
were killed by Israeli security
forces in 2022 in the West
m rp
Bank and East Jerusalem,
compared with 78 in 2021, ac-
cording to the United Nations
and Israeli human-rights group
B’Tselem. Last year’s death
co Fo
toll was the highest since
Israeli forces said
they shot at people
who opened fire on
soldiers in Kafr Dan.
2004, the tail end of a bloody
n-
wave of violence known as the
Second Intifada, B’Tselem said.
Israel’s new government
has vowed to take a harsher
line on security. Lawmakers in
the new coalition, which in-
cludes a majority of ultrana-
tionalist and religious parties
and is led by resurgent Prime
Minister Benjamin Netanyahu,
also plan to expand Israeli set-
tlements, a flashpoint issue.
The Israeli army says many
of the Palestinians killed last
year were militants. But at
Fans lined up Monday to pay their respects to Brazilian soccer great Pelé in his hometown of Santos.
as the death toll climbed to 51
with 19 missing, authorities said
Monday.
The Northern Mindanao re-
gion bore the brunt of the disas-
ter, reporting 25 deaths, accord-
ing to the National Disaster Risk
Reduction and Management
Council. Most of the deaths were
WORLD NEWS
network of allied militias in
the region.
Israeli officials say the air-
strikes are intended to weaken
Iran’s ability to strike Israel in
the event that the hostilities
between the two countries
spill into open war. Israeli offi-
cials also say the strikes have
succeeded in pushing Iranian
military networks farther from
Israel’s borders.
Israel has repeatedly tar-
geted airports in Syria over
the past year, accusing Iran of
using the facilities to trans-
port weapons into the country
as a part of its clandestine
military network in the region.
An airstrike on the Damascus
airport in June damaged its
least some were civilians
whose deaths caused interna-
tional outcry, including Pales-
tinian-American Al Jazeera
correspondent Shireen Abu
Akleh. In September, the Is-
raeli army acknowledged that
an Israeli soldier had most
likely fired the fatal bullet dur-
ing a firefight after he mistook
Ms. Abu Akleh for a militant.
In mid-December, Israeli
soldiers shot and killed Pales-
tinian teenager Jana Zakarneh
as she stood on the roof of her
house during an Israeli raid in
Jenin. The army said Ms. Za-
karneh’s death was uninten-
tional and took place during a
gunbattle with militants.
Around 31 Israelis were
killed during Palestinian at-
tacks in Israel and the occu-
pied West Bank, making it one
of the deadliest years for Is-
raelis since the violence of the
Second Intifada in the early
2000s. Shooting attacks
against Israeli forces more
than quadrupled in 2022, the
Israeli military said.
Since a series of Palestinian
attacks between March and
May left 19 dead, Israeli forces
have stepped up their raids
into Palestinian towns in the
West Bank to make arrests,
sparking clashes and firefights.
Israeli officials say demol-
WORLD WATCH
from drowning and landslides,
and among the missing were
fishermen whose boats capsized.
Floods have subsided in most
parts, but more than 8,600 peo-
ple were still in shelters. Over
4,500 houses were damaged by
the floods.
—Associated Press
* **** THE WALL STREET JOURNAL.
runways and shut down the flict that left hundreds of
airport for nearly two weeks. thousands dead and forced
A separate Israeli airstrike more than 13 million people to
in November on a convoy of flee their homes. During the
vehicles suspected of smug- campaign against the rebels,
gling Iranian weapons in east- the regime also used chemical
ern Syria killed at least 10 weapons and carried out sys-
people, people familiar with tematic torture and enforced
the attack said. disappearances of Syrians,
Iran is a main military sup- among other abuses that have
porter of the regime of Syrian been documented by human-
President Bashar al-Assad, rights groups, the United Na-
who has survived an armed re- tions and Western prosecu-
bellion against him that began tors.
during the pro-democracy Iran has sent thousands of
Arab Spring uprisings of 2011. fighters along with military
During more than a decade of hardware, intelligence and lo-
war, the Assad regime’s forces, gistical support that helped
backed by Russia and Iran, in- Mr. Assad push back the reb-
discriminately bombed rebel- els. Mr. Assad’s government
held cities and towns in a con- now controls Syria’s main pop-
Leader Tightens
Brazil Gun Laws
BY SAMANTHA PEARSON
AND LUCIANA MAGALHAES
BRASÍLIA—In his first
hours as Brazil’s new presi-
dent, Luiz Inácio Lula da Silva
issued sweeping changes to
tighten the country’s firearms
laws and reverse looser rules
imposed by his predecessor,
Jair Bolsonaro, that prompted
a million new gun registra-
tions since 2019.
ly
A presidential decree, which
took effect Monday, suspends
new registrations of guns for
hunting and sport as the leftist
government works to rewrite
the country’s 20-year-old gun
laws. The decree forbids own-
ers from transporting loaded
weapons, suspends new appli-
cations for gun clubs and re-
duces the number of firearms
permitted per individual from
six to three.
“Brazil does not want more
guns: We want peace and se-
curity for our people,” said Mr.
da Silva, 77 years old, shortly
after being sworn in as head
of Latin America’s biggest na-
ishing the homes of Palestin- tion, two decades after he first
ian attackers deters would-be took office in 2003.
militants, while human-rights Even under Mr. Bolsonaro,
groups have condemned their private gun ownership in Bra-
impact on family members as zil was still tightly controlled
collective punishment. in comparison to the U.S.,
The growing violence where gun owners possess
comes as the widely unpopular nearly 400 million weapons,
Palestinian Authority has seen according to Geneva-based
its control over parts of the group Small Arms Survey. But
West Bank recede, especially in the wake of violence in Bra-
around Jenin. Some young Pal- zil by heavily armed criminal
estinians—frustrated with a gangs in recent years, many
seemingly endless Israeli occu- Brazilians have argued individ-
pation and their own leader- uals should have greater ac-
ship—have formed new armed cess to guns. Recent polls
groups. In Jenin and Nablus, show that half of Brazilians
the militias have conducted at- want a firearm.
tacks on Israeli soldiers and Mr. Bolsonaro had an-
settlers, prompting repeated
Israeli army raids in the areas.
The new Israeli government,
which was sworn in last week,
has vowed to restore order and
generally opposes an indepen-
dent Palestinian state in the
West Bank and the Gaza Strip.
“The deepening occupation,
the increase in violence, in-
cluding terrorism, and the ab-
sence of a political horizon
have empowered extremists
and are eroding hope among
Palestinians and Israelis, alike,
that a resolution of the conflict
is achievable,” United Nations
Middle East envoy Tor Wenne-
sland told the U.N. Security
Council in late December. Many Brazilians want guns for protection against criminal gangs.
ter U.S. authorities determined it
was looted years ago, Egyptian
officials said Monday.
The repatriation is part of
Egyptian government efforts to
stop the trafficking of its stolen
antiquities.
Mostafa Waziri, the top official
at the Supreme Council of Antiq-
uities, said the sarcophagus dates
back to the Late Dynastic Period
of ancient Egypt, an era that
spanned from 664 to 332 B.C.
The sarcophagus, almost 9.5
WAGNER MEIER/GETTY IMAGES
feet tall with a brightly painted
top surface, may have belonged
to a priest named Ankhenmaat.
—Associated Press
AUSTRALIA
Tour Helicopters
Collide, Killing 4
EGYPT A pilot, two British visitors
and a Sydney woman were iden-
Looted Sarcophagus tified as the four people killed in
Is Returned by U.S. a collision of two helicopters
over the waterfront at an Aus-
An ancient wooden sarcopha- tralian tourist spot.
gus that was featured at the The pilot of the second heli-
Houston Museum of Natural Sci- copter managed to land safely
ences was returned to Egypt af- on a sandy outcrop despite the
ulation centers in central and
western Syria, but large parts
of the country remain outside
his rule.
Iran’s support for the Assad
regime is one part of its
broader network of military and
security partnerships in the re-
gion, which also include support
for Lebanon’s armed Hezbollah
movement, Shiite-led Iranian
militias and Houthi rebels in Ye-
men. Tehran has expanded its
support for those groups in re-
cent years, giving them an abil-
ity to harass and attack Iran’s
opponents, including the U.S.,
Saudi Arabia, the United Arab
Emirates and Israel.
—Aaron Boxerman
contributed to this article.
swered those calls, issuing
more than 40 presidential de-
crees to ease restrictions on
buying and carrying weapons.
By November 2021, Brazil
had registered a total of 2.3
million firearms, up 78% from
1.3 million when he first took
office in 2019, according to a
study by Sou da Paz, a re-
search group whose name
.
means I am of Peace.
Registrations among collec-
tors or those using firearms
for hunting and sport rose par-
ticularly fast, reaching 673,818
by June 2022 from 117,467 in
2018, according to the Brazil-
ian Forum on Public Safety, a
policy research group.
Mr. da Silva, a standard-
bearer of the Latin American
left who had served two terms
ending in 2011, has set about
reversing some of his right-
wing predecessor’s policies.
Mr. da Silva signed decrees
to suspend projects introduced
under Mr. Bolsonaro to privat-
ize state companies, including
oil company Petróleo Brasileiro
SA, and the postal service.
Those plans had already largely
stalled in Congress. He revoked
a decree issued under Mr. Bol-
sonaro that eased mining in in-
digenous and protected areas
of the rainforest.
The firearm decree angered
many of his opponents.
“If you don’t want a gun,
then don’t buy one, but I want
the right to protect my fam-
ily,” said Gustavo Resende,
who set up a store to sell fire-
arms accessories in Goiânia, a
city in the central savannah,
shortly after Mr. Bolsonaro
took office. “I’m not just wor-
ried about my business, I’m
worried about Brazil.”
MATIAS DELACROIX/ASSOCIATED PRESS
aircraft being damaged in the
collision Monday afternoon near
Main Beach on the Gold Coast.
Both craft were operated by
Sea World Helicopters.
—Associated Press
MEXICO
Gang Leader Escapes
In Deadly Prison Riot
Mexican authorities on Mon-
day raised the death toll from
an attack on a state prison in
Ciudad Juárez, across the border
from El Paso, Texas, to 17, a bra-
zen operation that appeared de-
signed to free the leader of a lo-
cal gang. Twenty-five inmates
escaped in the attack.
Security Secretary Rosa Icela
Rodríguez said 10 of the dead
were prison guards who were
attacked by gunmen who arrived
Sunday in armored vehicles.
Ms. Rodríguez identified the
inmates who escaped as being
with the Mexicles gang, which
she associated with the Caborca
Cartel. She said the Mexicles’
leader was among the fugitives.
—Associated Press
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
BUSINESS & FINANCE
© 2023 Dow Jones & Company. All Rights Reserved.
S&P Closed (3839.50)
Investors Brace for Market Turmoil Southwest
Era of ultralow bond
yields, accommodative
Fed policy has ended,
money managers say
BY GUNJAN BANERJI
The stock market turned
upside down last year when
the Federal Reserve aban-
doned its easy-money policies.
Many investors say the ramifi-
cations are just beginning to
ripple through markets.
The central bank raised in-
terest rates to the highest lev-
els since 2007, stoking mam-
moth swings across global
markets and a steep selloff in
assets from stocks and bonds
to cryptocurrencies. The tu-
mult that erased more than
$12 trillion in value from the
U.S. stock market—the largest
such drawdown since at least
2001—is expected to continue
as rates keep rising.
Big Banks Expect Recession and Fed Pivot
BY DION RABOUIN
Big banks are predicting
that an economic downturn is
fast approaching.
More than two-thirds of the
economists at 23 large finan-
cial institutions that do busi-
ness directly with the Federal
Reserve are betting the U.S.
will have a recession in 2023.
Two others are predicting a
recession in 2024.
The firms, known as primary
dealers, are a collection of trad-
ing firms and investment banks
that include companies such as
Barclays PLC, Bank of America
Corp., TD Securities and UBS
Group AG. They cite a number
of red flags: Americans are
spending down their pandemic
savings; the housing market is
in decline; and banks are tight-
ening their lending standards.
“We expect a downturn in
global GDP growth in 2023, led
by recessions in both the U.S.
and the eurozone,” economists
SEBASTIEN SALOM-GOMIS/AGENCE FRANCE-PRESSE/GETTY IMAGES
General Electric will have three divisions after the split-off: jet engines, natural-gas-powered turbines and wind turbines.
GE Turns to Shedding Power Business
BY THOMAS GRYTA
General Electric Co. will
start 2023 by splitting off its
healthcare unit, completing a
key step in the slow-motion
breakup of the industrial gi-
ant. For the rest of the year it
will face questions about the
next big step: shedding its
power businesses.
GE HealthCare Technolo-
gies Inc. will start trading this
week, leaving the once-sprawl-
ing conglomerate with three
divisions: jet engines, natural
gas-powered turbines and
wind turbines. The gas and
wind turbines are expected to
be combined with other GE
energy businesses into a new
company called GE Vernova
that will split off in early
2024.
TECHNOLOGY: CRYPTO MAGNATES CLASH ONLINE OVER LENDER’S FREEZE B4
S&P FIN Closed S&P IT Closed
* * * *
DJ TRANS Closed
Resumes
Analysts at some of the big-
gest U.S. banks expect the
stock market to retest its 2022
lows in the first half of the
new year before beginning to
rebound. Those at Goldman
Sachs expect the S&P 500 to
end 2023 at 4000, about a 4%
rise from where it ended
2022.
The volatility has been es-
pecially punishing for the
market’s behemoths. Five big
technology stocks accounted
for about a quarter of the U.S.
stock market’s total declines
last year, a bruising selloff
reminiscent of the dot-com
bust two decades ago.
The S&P 500 ended the
year down 19% after the con-
ditions evaporated that had
paved the way for years of a
nearly uninterrupted stock-
market rally and a run in some
of the most speculative bets.
Cryptocurrencies tumbled,
splashy initial public offerings
all but came to a halt and
Percentage of U.S. banks tightening
lending standards, quarterly
80%
on
us ,
RECESSION
60
l
e
al a
40
ci on
20
0 1
–20
er s
–40
m er
1990 2000
Source: Federal Reserve Bank of St. Louis
at BNP Paribas SA wrote in the
m rp
bank’s 2023 outlook, titled
“Steering Into Recession.”
The main culprit is the Fed-
eral Reserve, economists said,
which has been raising rates
co Fo
for months to try to slow the
economy and curb inflation.
n-
no
The power-generation busi-
ness, which dates to the ori-
gins of GE and was once a
fountain of profit, has pro-
duced losses, accounting head-
aches and concerns about its
fossil-fuel burning future in
recent years as the world
moves toward greener sources
of energy. The onshore wind-
turbine business, meanwhile,
has struggled with cost infla-
tion and supply-chain prob-
lems.
“The breakup is the ulti-
mate and perhaps only way to
simplify the GE equity story,”
said Nigel Coe, an analyst with
Wolfe Research. The question
for investors is whether GE
will be seen as an “investable
aviation story” early in the
year, or do risks from GE Ver-
nova keep investors sidelined
THE WALL STREET JOURNAL.
WSJ $ IDX À 0.16%
Annual fund flows for
technology exchange-traded
and mutual funds*
$40 billion
30
20
10
0 –20
–10
–20
1993 2000 ’10
*Figures for 2022 through end of November
Sources: Morningstar Direct (flows); Dow Jones Market Data, FactSet (outperformance)
blank-check companies im-
ploded to end the year, a stun-
ning reversal of the mania
that swept markets in the pre-
vious two years.
“We are in a world where
interest rates exist again,”
said Ben Inker, co-head of as-
’10 ’20
Though inflation has eased re-
cently, it is still much higher
than the Fed’s desired target.
The Fed raised rates seven
times in 2022, pushing its
benchmark from a range of 0%
to 0.25% to the current 4.25% to
4.50%, a 15-year high. Officials
through 2023, he said.
GE Chief Executive Larry
Culp said the spinoffs will
bring more focus and account-
ability to the business he has
revamped since 2018. Mr. Culp
plans to stay on as CEO of GE
Aerospace, the biggest and
most profitable unit.
Scott Strazik, CEO of GE
Vernova, has about a year to
get it ready to be its own pub-
lic company. He has already
reversed the cash flow of the
power business, which burned
through about $2.7 billion dur-
ing 2018. It is now cash-flow
positive. He is now restructur-
ing the renewables business,
which is expected to post a
loss of about $2 billion this
year.
“Within gas power, we’re
really on the other side of the
2–YR. TREAS. Closed
Annual outperformance of the
Russell 3000 value index over
the Russell 3000 growth index
20 pct. pts.
10
0
–10
–30
–40
’20 2001 ’10
set allocation at Boston money
manager GMO, which oversees
$55 billion in assets.
One of the biggest flip-flops
occurred under the market’s
surface. Investors abandoned
the flashy tech and growth
stocks that had propelled that
Spread between the 10-year and three-month
U.S. Treasury yields, monthly
5 pct. pts.
4 scrubbed many of those flights
3 anticipation of the weather.
2
0 the industry mounted Monday
–1
1982 ’90 2000
signaled in December that they
plan to keep raising rates to be-
tween 5% and 5.5% in 2023.
Most of the economists sur-
veyed by The Wall Street Jour-
nal expect the higher rates will
push the unemployment level
from November’s 3.7% to above
journey,” Mr. Strazik said in an
interview. For wind, “I see a
similar dynamic with gas,
where in the first year you
ground yourself. In the second
year, you work towards a ma-
terial improvement.”
The Boston conglomerate’s
three-way split follows years
of restructuring that sold en-
tire divisions and remade the
management philosophy of the
former American icon. The
spinoffs are designed to sim-
plify its operations and make
the assets more attractive to
investors.
“Once they are separate
they will get a new set of in-
vestors,” said Scott Davis, an
industrial analyst and CEO of
Melius Research who has cov-
ered GE for more than 20
Please turn to page B4
Tuesday, January 3, 2023 | B1
NIKKEI Closed See more at WSJ.com/Markets
market’s gains over the previ-
ous decade.
And value stocks—tradi-
tionally defined as those that
trade at a low multiple of
their book value, or net
worth—staged a revival after
years of lackluster returns.
The Russell 3000 Value in-
dex outperformed the Russell
3000 Growth index by almost
20 percentage points, its larg-
est margin in Dow Jones Mar-
ket Data records going back to
2001.
Now, Mr. Inker and other
investors—hunting for oppor-
’20 tunities after an abysmal year
for stocks and bonds—say it is
just the beginning of a big
stock-market rotation.
Money managers say they
are positioning for an environ-
ment that bears little resem-
blance to the one to which
Please turn to page B9
 Year-end review and outlook
for markets, finance........ R1-14
ly
’10 ’20
5%—still low by historical stan-
dards, but that increase would
mean that millions of Ameri-
cans would lose their jobs.
Many also expect the U.S.
economy to contract in 2023.
Though the economy held up
Please turn to page B9
Shift to EVs Spurs
Plant Building Boom
BY NORA ECKERT
The U.S. auto industry is
entering one of its biggest
factory-building booms in
years, a surge largely driven
by the shift to electric vehi-
cles and new federal subsidies
to boost battery manufactur-
ing.
Through November, about
$33 billion in new auto-fac-
tory investment has been
pledged in the U.S., including
money for the construction of
new assembly plants and bat-
tery-making facilities, accord-
ing to the Center for Automo-
tive Research, a nonprofit
organization based in Michi-
gan.
The 11-month total adds to
the $37 billion in new auto-
factory spending committed in
2021, when several new proj-
ects were unveiled in states
such as Tennessee, Kentucky
and Michigan. The annual fig-
ure is up from $9 billion in
2017 and a more than eight-
fold increase from two de-
cades ago, the center found.
INSIDE
BUSINESS NEWS
Pizza restaurant
chains struggle with a
shortage of delivery
drivers. B3
Schedule,
Processes
Refunds
BY ALISON SIDER
Southwest Airlines Co. re-
turned to more normal opera-
tions this weekend, contend-
ing with some weather
challenges as it sought to re-
gain credibility with regula-
tors and travelers following
the carrier’s meltdown over
the holidays.
Southwest restored its full
schedule Friday after slashing
flying plans much of the week
in an effort to regain its foot-
ing after the cascade of can-
cellations. It scrapped just a
few dozen flights Saturday
.
and Sunday—less than 1% of
what it had scheduled each
day, according to FlightAware.
Citing in part early-morn-
ing fog in Chicago and heavy
snowfall in Denver, Southwest
canceled roughly 190 flights
Monday, or about 4% of what
it had planned, according to
FlightAware. The airline had
proactively before Monday in
“We’re operating a normal
schedule today and are
pleased with the operational
performance over the past few
days,” a spokeswoman said.
Flight disruptions across
afternoon.
The Federal Aviation Ad-
ministration slowed the vol-
ume of flights into Florida’s
airspace because of an air
traffic control computer issue
at a Miami facility that over-
sees flights across a swath of
the state. Flights faced an av-
erage delay of more than two
Please turn to page B2
 Snafu shows airlines need
tech upgrade.............................. B2
About two-thirds of the
new auto investment revealed
over the past two years is go-
ing to sites in the South, the
data show, tilting activity far-
ther away from the Great
Lakes region, the auto indus-
try’s stronghold for a century.
The race by auto makers to
populate their lineups with
EVs is the biggest factor be-
hind the spree. The federal
climate package passed in
2022 is likely to further accel-
erate U.S. investment, ear-
marking tens of billions of
dollars to subsidize EV and
battery factory projects as
well as facilities for process-
ing battery materials such as
lithium and graphite.
Some foreign-owned car
companies are targeting the
U.S. for expansion, an offset to
weakness in other global mar-
kets. Meanwhile, freshly capi-
talized EV startups, including
Rivian Automotive Inc., are
building out their manufactur-
ing capabilities.
Rivian, which began build-
Please turn to page B2
VENTURE CAPITAL
After a rough 2022,
startups continue to
face a dismal
climate. B6
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

B2 | Tuesday, January 3, 2023 * *** THE WALL STREET JOURNAL.

INDEX TO BUSINESSES BUSINESS & FINANCE

These indexes cite notable references to most parent companies and businesspeople
in today’s edition. Articles on regional page inserts aren’t cited in these indexes.

A Solutions...................B6
Air France-KLM...........B2
Alphabet ................ B2,R1
Amadeus IT.................B2
Amazon.com...B2,B10,R1
American Airlines.......B2
Apple....................B10,R1
Argo AI........................B6
Avangrid......................A3
B
Bank of America.........B1
Barclays ................. B1,B9
Microsoft.....................R2
Exxon Mobil................R2 Morgan Stanley..........B9
F N
Ford Motor..................B6 Netflix.........................R1
G Nvidia..........................R2
GE HealthCare P
Technologies.............B1 Papa John’s
General Electric .......... B2 International.............B3
Getro ........................... B6 Public Service
Goldman Sachs .... B1, B9 Enterprise Group......A3
Grubhub.......................B3
R-Y
Gurobi Optimization...B2

ROBYN BECK/AGENCE FRANCE-PRESSE/GETTY IMAGES

Bird Global..................B6 Rivian Automotive ..... B1
BNP Paribas................B1 H Sabre...........................B2
C HSBC Holdings............B9 Snyk.............................B6
Credit Suisse Group ... B9 I Societe Generale .......B9
Iberdrola......................A3 Southwest Airlines
D B1,B2
International Business
Dataiku........................B6 Tesla............................R2
Machines...................B2
Dominion Energy........A3 Twitter ........................ B3
DoorDash.....................B3 J
Uber Technologies ...... B3
E JPMorgan Chase.........B9 UBS Group...................B1
Electrameccanica K-M Vestas Wind SystemsA3
Vehicles...................B10 Kinder Morgan............B2 Webull Financial.......B10
Electric Last Mile Meta Platforms...B10,R1 Yum Brands.................B3

INDEX TO PEOPLE Southwest Airlines and other carriers have yet to upgrade from often outdated systems to highly scalable cloud technologies.

A-H
Abrahams, Steven......B9
Al-Hussainy, Ed .......... R3
Benvenuti, Dominic....B3
Bolvin, Gina.................R2
Chow, Evelyn...............B4
Coe, Nigel....................B1
Culp, Larry...................B1
Davis, Mark Peter.......B6
Davis, Scott ................ B1
Detrick, Ryan .............. R1
Erlam, Craig ................ B9
Gennette, Jeff ............ B4
Gibbs, David................B3
Giroux, David .............. B4
Gregerson, Scott.........B3
Hill, Zach.....................R2
Hurley, Jesse .............. B6
I-R
Inker, Ben....................B1
Jordan, Bob.................B2
Kinaschuk, Keven........B3
Knutzen, Eric .............. R1
Kolanovic, Marko........B9
Lawler, John................B2
Linehan, John..............B9
Luifla, Miguel..............B6
Luschini, Mark............B9
Malik, Hussein............B9
McCabe, Robert .......... B3
Musk, Elon..................A1
Perkin, Eddie...............B9
Ritter, Jay...................B6
Ryan, Brett..................B9
S-W
Schwartz, Jeremy.......B9
Silbert, Barry..............B4
Southwest Snafu Shows Airlines
Simons, Thomas.........R1
Stavriotis, Eric............B2
Sterner, Eric................R2
Strazik, Scott..............B1
V
Need a Major Technology Update
Volpi, Mike..................B6 BY BELLE LIN other complicating factor. Frost & Sullivan said. While that lack of connec-
W Many carriers still rely on Dr. Edward Rothberg, chief tion isn’t usually a problem in
Wade, Tiffany.............B9 The Southwest Airlines Co. homegrown solutions, which scientist of Gurobi Optimiza- airlines’ day-to-day operations,
Walden, Evan..............B6
Watterson, Andrew....B2
meltdown that stranded thou- largely were built on legacy tion LLC, a startup that devel- it can become disastrous dur-
Weiner, Russell...........B3 sands of passengers during one mainframe computers, analysts ops optimization software used ing severe disruptions like the
Winklevoss, Cameron.B4 of the busiest travel weeks of say. by carriers including Air holiday storm, he said.
the year exposed a major in- Analysts and sector insiders France-KLM, said Southwest’s In Southwest’s case, Sky-
dustry shortcoming: crew- say the airline industry is over- “point-to-point” model—rather Solver works well during more

EVs Spur facilities are big energy con- scheduling technology that was due for a massive technology than the hub-and-spoke typical disruptions, but didn’t

.
sumers. Tennessee, for in- largely built for a bygone era overhaul that would take ad- model—greatly increases the during the “extreme circum-
stance, had an average elec- and is due for a major over- vantage of highly scalable cloud difficulty of the problem, re- stances” of the recent storm,

ly
Boom in tricity industrial price of 6.89
cents per kilowatt-hour, com-
pared with 8.38 cents in Mich-
haul.
Southwest relies on crew-as-
signment software called Sky-
technologies and fully connect
disparate sources of real-time
data to better coordinate crews
quiring more computational
power than its current systems
are likely able to handle.
Lauren Woods, the airline’s vice
president of technology plat-
forms and incoming chief infor-

Building igan, according to October

2022 data from the Energy In-
formation Administration.
“There’s no question that
on Solver, an off-the-shelf applica-
tion that it has customized and
updated, but is nearing the end
of its life, according to the air-
Continued from page B1 some of the markets in the line. The program was devel-
us ,
with aircraft. The airline sector
has been among the slowest to
adopt cloud-based and analyt-
ics technologies that could help
solve complicated transporta-
Much of the complexity be-
hind airline-operations technol-
ogy stems from the many real-
time data points and
mation officer, said Thursday.
Southwest Chief Executive
Bob Jordan said that while the
carrier has good systems in
constraints a single system some areas, those systems still

ing vehicles in Illinois in 2021, Southeast have figured out a oped decades ago and is now tion network problems, those must take into account, includ- need “better intelligence to talk
l

has committed to a second great secret sauce, in terms of owned by General Electric Co. analysts say. ing federal regulations, to each other.”
e
al a

factory in Georgia to open in how to court those big proj- During the winter storm, The global airline IT market weather, crew status and loca- Updating technology sys-
2026. Hyundai Motor Co. has ects,” said Eric Stavriotis, the amid a huge volume of changes generated $21.2 billion in reve- tion, and aircraft maintenance tems is particularly challenging
revealed plans for a $5.5 bil- head of location incentives for to crew schedules to work nue in 2019, market research and routing, said Jahan for air carriers because of the
ci on

lion factory complex in the CBRE Group, a Dallas-based through, SkySolver couldn’t firm Frost & Sullivan said, and Alamzad, an airline analyst at business and operations risk of
state as well. real-estate company. handle the task of matching leaders include Amadeus IT consulting firm CA Advisors. taking down a system, which
The capital outlays amount Within the past year, the crew members and which Group SA, International Busi- Mr. Alamzad said the most can include grounded planes or
to a collective bet by the car rush to move more of the bat- flights they should work, exec- ness Machines Corp., and Sa- serious IT challenge airlines stranded passengers, said Tim
industry that buyers will em- tery-making supply chain to utives of the carrier said. bre Corp., formed in 1960 face stems from the applica- Crawford, a CIO strategic ad-
er s

brace battery-powered models the U.S. has also led to many Southwest’s software wasn’t through a joint initiative be- tions developed in silos by ven- viser at enterprise IT advisory
in numbers large enough to new factory projects, many designed to solve problems of tween American Airlines dors or the airlines themselves. firm AVOA.
m er

support these investments. expected to open in the next
The global auto industry plans few years.
to spend a collective $526 bil- Most EV batteries today
lion on EVs through 2026, ac- are made in Asia. But the cost
cording to consulting firm Al- of transport, coupled with the
m rp
that scale, Chief Operating Offi-
cer Andrew Watterson said
Thursday, forcing the airline to
use manual scheduling. Unlike
some large rivals with hub-and-
Group Inc. and IBM.
Partnerships with cloud pro-
viders like Alphabet Inc.’s
Google Cloud and Amazon.com
Inc.’s Amazon Web Services
When carriers upgrade to
newer analytics software to im-
prove the routing of their air-
craft, for example, those sys-
tems aren’t connected with
Mr. Jordan said Southwest’s
meltdown may push forward
some of its operations modern-
ization. “I cannot imagine that
this doesn’t drive changes to

ixPartners. risks of relying on overseas spoke networks, Southwest also are expected to help air- software they use to manage the plan,” he said.
“You have to invest now, or suppliers, has prompted more planes hopscotch from city to lines and solutions providers the crew who work those —Alison Sider
you’re going to be left behind car companies to localize bat- city, which may have been an- improve their technologies, flights. contributed to this article.
in the transition,” said John tery manufacturing.
Lawler, chief financial officer The Inflation Reduction Act
co Fo

for Ford Motor Co.

The wager is made riskier
by signs of a possible eco-
further hastened efforts to in-
crease domestic output. It of-
fers billions of dollars in man-
Carrier then scrapped a swath of its
schedule for three days to re-
boot itself.
sort through the deluge of
missing bags to return them to
customers.
nal C gates, then moved to a
cargo yard and then to a main-
tenance hangar. He said he re-
nomic downturn that could
weigh on consumers’ willing-
ness to splurge. Still, company
ufacturer incentives
domestic battery production
for

and limits a federal tax credit

Resumes While that storm created
problems for all airlines, South-
west canceled far more flights
Some customers who were
separated from bags last week
said they are still waiting for
turned to the airport twice in
search of the bags and made
several calls, without success.
leaders are confident the
manufacturing investments
will fuel their futures long be-
for EV buyers to vehicles with
batteries and their mineral
components sourced in North
Schedule and was much slower than oth-
ers to recover. Executives of the
airline have said the scheduling
them.
James Nolan said he has
used AirTags to watch as his
When he and his family took
a rebooked flight to Sacramento
on Dec. 30, the bags weren’t on
yond a potential recession. America or from trade- system used to revise crew family’s three bags have made the flight.
State officials see it as a once- friendly countries. Continued from page B1 schedules after disruptions was their way around Denver Inter- “Unfortunately, we do not
in-a-generation chance to bol- In the past year, General hours, according to an FAA no- overwhelmed by the volume of national Airport since their Dec. have a resolution,” Mr. Nolan
ster local economies and se- Motors Co. opened a battery tice. changes required. The airline 26 flight to Sacramento, Calif., said Monday.
n-

cure jobs. factory with LG Energy Solu- The agency said the issue, canceled nearly 16,000 flights was canceled. One day they —James R. Hagerty contrib-
Southern states such as tion in Ohio and is developing which affected a system at a fa- from Dec. 22 through Dec. 29. were sitting outside the termi- uted to this article.
Georgia, Tennessee and Ken- two more, in Tennessee and cility that handles en route traf- The airline, the largest car-
tucky have emerged as some Michigan. fic, has been resolved. “The rier of U.S. domestic passen-
no

of the biggest winners in the
battle to land new auto-fac-
tory projects.
Pat Wilson, commissioner
for Georgia’s economic devel-
opment department, said this
isn’t by coincidence. Georgia
had spent years investing in
technical colleges and prep-
ping project sites to at-
tract car companies, he said.
“I feel like we are right
now riding that wave,” Mr.
Wilson said.
State leaders in the South
have pitched the advantages
of lower energy costs and an
abundance of developable
land, analysts and site selec-
tors say. Car companies are
also looking for shovel-ready
sites, where certain infra-
structure, such as roads and
utilities, is in place. This prep
work helps speed up factory
construction.
Energy costs are a signifi-
cant factor in choosing a bat-
tery-plant site because these
Spending on auto factories
Auto assembly Batteries
$30 billion
20
10
0
2000 ’05
Note: Data for 2022 are through November
Panasonic Holdings Corp.
said over the summer that it
would build a $4 billion bat-
tery factory in De Soto, Kan.
Ford, Toyota Motor Corp. and
Jeep-owner Stellantis NV also
have multibillion-dollar bat-
tery-factory projects in prog-
ress.
The investments are in con-
trast to other belt-tightening
moves made in recent months
as auto executives prepare for
a possible downturn. Some
car companies have laid off
workers or restrained hiring.
Stellantis said last month that
in February it is indefinitely
idling a 1,350-employee as-
sembly factory in Illinois that
makes the Jeep Cherokee.
Watch a Video
Scan this code
to watch a
video on Kia’s
EV branding
strategy.
’10 ’15
Source: Center for Automotive Research
FAA is working toward safely
returning to a normal traffic
rate in the Florida airspace,” it
said.
‘We plan to have a
clear-eyed,
transparent view of
what went wrong.’
In total, more than 700
flights to, from or within the
U.S. were canceled as of Mon-
day evening, according to
FlightAware.
Southwest said it was moni-
toring the impact of the slow-
down on its operations and said
it would work to minimize cus-
tomer disruptions.
Other issues affected air
travel over the weekend.
San Diego International Air-
port has run short on fuel, after
a segment of a pipeline that
serves the area was shut down
in late December because of a
leak. Some flights from that air-
port have had to make pit stops
to fill up, airlines said. Kinder
Morgan Inc., the pipeline oper-
ator, said it expects the pipeline
to return to service Tuesday.
Airports in Houston and Dal-
las faced delays Monday be-
cause of storms, according to
FAA advisories.
The flare-ups around the
country are a test for South-
west, which is under particu-
larly intense pressure to deliver
a smooth travel experience af-
’20
ter it struggled with the rolling
fallout of a severe storm and
gers, faces the task of reassur-
ing its customers amid
intensifying scrutiny by law-
makers and regulators. Trans-
portation Secretary Pete Butt- Products for
igieg has said the agency will
be paying close attention to
Southwest’s efforts to compen-
Every Need.
sate affected customers, and
Democratic lawmakers have
suggested that the airline’s
And Everyone.
troubles are a sign the govern-
ment needs to pursue more ag-
gressive measures to protect
passengers.
Southwest executives have
said work to upgrade some of
its balky systems was already
under way, but the meltdown
will prompt a deeper review.
Chief Operating Officer Andrew
Watterson told employees in an
update Saturday that he and
Chief Executive Bob Jordan
plan to launch a full postmor-
tem analysis of the problems,
starting Tuesday.
“We plan to have a clear-
eyed, transparent view of what
went wrong while still fresh in
everyone’s memories,” Mr. Wat-
terson said.
Southwest has apologized
for the difficulties and pledged
to refund flights and reimburse
customers’ expenses during the
disruptions.
“There’s no way to tell ev-
erybody, or to ask you, to turn
the page on this event, because
it’s so significant, and we’re go-
ing to be working on healing
Individual & Worksite, Annuities,
with our customers and each Stop Loss, Voluntary Benefits,
other for a long time,” Mr. Jor- Medicare Supplement,
dan told employees in a mes-
sage Sunday. and more.
The airline recruited volun-
teers over the weekend to help
process customers’ refunds and
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
THE WALL STREET JOURNAL.
Twitter
Accused of
Failure to
Pay Rent
On Office
BY JAMES R. HAGERTY
Twitter Inc. was accused of
not paying its rent in a lawsuit
filed by the landlord for one of
its offices in San Francisco.
The landlord, Columbia
Reit-650 California LLC, al-
leges that the social-media
company has failed to pay
$136,260 of rent due on the
office space at 650 California
St., according to the lawsuit
filed Thursday.
Twitter didn’t respond to a
request for comment. The of-
fice is separate from the com-
pany’s headquarters, which is
on Market Street.
The landlord said in the
lawsuit it had informed Twit-
ter in mid-December that the
company would be in default
$136K
Amount demanded by San
Francisco landlord in lawsuit
on its rent obligations for
space on the building’s 30th
floor if it didn’t pay the sum
within five business days.
The suit, which alleges
breach of contract, was filed
in California Superior Court in
San Francisco. Bloomberg ear-
lier reported on the lawsuit.
Other companies, including
a software provider and a
transportation company, also
have sued Twitter in recent
weeks in an effort to recoup
what they say are overdue
payments.
Elon Musk has been work-
ing to cut costs at Twitter
since he acquired the company
in October in a deal valued at
$44 billion.
HEATHER AINSWORTH FOR THE WALL STREET JOURNAL
A lack of semiconductors has flipped to a glut, marking a sharp turnaround from a global shortage.
no
Business Disruptions Wane
As Some Industries See a
Post-Covid Return to Normal
BY TODD OLMSTEAD
After more than two years
of pandemic-related upheaval,
businesses in many corners of
the economy are seeing their
Covid-19 disruptions recede.
Supply-chain problems have
eased. A lack of semiconductors
has flipped to a glut, marking a
sharp turnaround from a global
shortage during two years of
supercharged demand. And
small businesses and restau-
rants are finding it easier to
hire workers, although pizza-
delivery drivers are in short
supply after being busy during
the pandemic.
With the new year ap-
proaching, here is a look at
some of The Wall Street Jour-
nal’s recent coverage about
businesses normalizing follow-
ing the Covid disruption.
Supply-chain
congestion eases
Goods are moving around
the world again and reaching
companies and consumers, de-
spite some production bottle-
necks and Covid outbreaks in-
side China. Weekslong backlogs
of cargo ships at large ports
from earlier in the pandemic
are gone. Ocean shipping rates
have fallen below their levels
Pizza Chains Race to Hire Drivers
Worker shortage leads
restaurants to boost
wages, offer perks for
delivery personnel
BY HEATHER HADDON
Pizza-delivery drivers, who
helped chains such as Domino’s
Pizza Inc. and Pizza Hut boost
their sales during the Covid-19
pandemic, have become one of
the $45 billion industry’s big-
gest problems.
Chain executives said a
shortage of drivers is costing
them sales and frustrating cus-
tomers with long wait times.
Rising fuel and car-mainte-
nance costs have made the job
less appealing over the past
year, workers said, as most
drivers need to use their per-
sonal vehicles for pizza runs,
and some said they deal with
crime. Pizza restaurants’ often
rigid schedules also make it
harder to recruit and retain
drivers, some operators said,
versus more-flexible food-deliv-
ery apps such as Uber Tech-
nologies Inc.’s Uber Eats and
Grubhub Inc.
Among restaurants, pizza
chains’ sales heavily depend on
deliveries and drivers. Owners
are rethinking their operations
to offer drivers more flexibility
and expand perks and benefits,
including time off and in some
cases the use of company-
owned cars.
“It’s been a disaster to try to
hang on to people,” said Keven
Kinaschuk, owner of McKinners
Pizza in Littleton, Colo.
Pizza is a cornerstone of the
U.S. restaurant business, with
the $45 billion sector trailing
onshops said he has started offer-
only burgers in terms of annual
us ,
sales among limited-service
l
chains, according to market re-
e
al a
search firm Technomic Inc.
Drivers said the pandemic
brought them a big bump in
ci on
pay as Americans ordered more
pizza from home, and sit-down
restaurants closed.
Now, as with other indus-
tries that logged a boom during
er s
Covid, the surge in pizza sales
is cooling. Growth in U.S. pizza-
m er
chain sales has lagged behind
m rp
co Fo
n-
from before the pandemic.
Chips flip the script
Chip inventories are swell-
ing, mirroring what is happen-
ing in the wider economy
where retailers are stuck with
goods on their shelves and pro-
ducers of a range of products in
high demand early in the pan-
demic now face a glut.
Last-minute holiday
shopping returns
Discounts returned as stores
tried to entice cost-conscious
customers who were willing to
wait for the best deals. The hol-
iday season nail-biter for retail-
ers is a reversal from the past
two years, when supply-chain
backlogs and shipping delays
created an urgency among con-
sumers to shop earlier.
Workers return
to restaurant jobs
The restaurant industry,
which experienced some of the
biggest reductions in jobs and
workers after the pandemic
struck the U.S., has erased
most of those losses. Restau-
rants and bars added 62,000
jobs in November, according to
the Labor Department. Restau-
rant owners and workers attri-
bute the return to a combina-
BUSINESS NEWS
Robert McCabe, who delivers pizzas for a small Massachusetts chain, said his pay has fallen about 10% after a pandemic boost in 2020.
other types of quick-service
eateries in 2022 compared with
2021, Technomic said. Market
research firm Euromonitor In-
ternational Ltd. expects sales
increases in burgers and other
types of fast food to outpace
pizza in 2023.
“The only way to fight for
that share of the market is to
fight for people,” said Boston
Pie Inc. co-owner Dominic Ben-
venuti. The Boston-based fran-
chisee of around 30 Domino’s
ing a free pizza to any appli-
cant who shows up for an in-
terview. Mr. Benvenuti said he
lets drivers across his markets
pick desired holidays and offers
a day off for every 30 days
worked. The perks have helped,
he said, but not enough.
Robert McCabe, a 30-year-
old Adams, Mass., resident who
works 50 to 60 hours a week
delivering pizzas for a small
chain in western Massachusetts
called Vivaldi’s Pizzeria, said
his pay went up by around 25%
in 2020 but it has since fallen
roughly 10% as customers
tion of factors including pay
increases, improving working
conditions and fewer opportu-
nities elsewhere.
Small businesses find
hiring relief
Unfilled job openings con-
tinue to weigh on many small
businesses. But December
marked the first time since
July when more small-business
owners said in a survey for the
Journal that they found it eas-
ier—rather than harder—to
find workers. Some entrepre-
neurs say steps such as raising
pay, adding apprenticeship pro-
grams and rewriting job ads
are starting to pay off. Others
report an increase in applicants
as competitors pull back on hir-
ing or begin layoffs.
Food-delivery
habits shift
After taking off during the
Covid-19 crisis, the biggest
food-delivery apps, DoorDash
and Uber Eats, have continued
to record sales expansion. But
growth has cooled across the
industry. People are switching
to in-store pickups, ordering
fewer dishes and changing
what they get delivered, ana-
lysts and industry executives
said.
Tuesday, January 3, 2023 | B3
SOPHIE PARK FOR THE WALL STREET JOURNAL
moved away from pizza later in with food-delivery providers to to U.S. outlets. Domino’s has in-
the pandemic. Four drivers in ensure enough drivers are on vested in new pizza boxes to
2022 have quit the pizza shop hand during peak hours. Papa help reduce the amount of time
where Mr. McCabe works, he John’s International Inc. main- drivers are asked to spend fold-
said, as vehicle-related ex- tains partnership deals with the ing boxes, and the company is
penses and other costs grew. largest apps, and Pizza Hut told working to provide more-flexi-
“It definitely wears on you,” investors this month that 95% ble shifts.
said Mr. McCabe, who said he of its U.S. restaurants now “Our job is still very flexible,
puts around 60,000 miles a work with at least one delivery but it’s not as flexible as you
.
year on his dedicated driving app, a big leap from 2021. being able to turn on your app
vehicle and has dealt with at- “That’s a great escape valve and decide to drive,” said Mr.
ly
tempted assault and robberies we’re running when some- Weiner, who said he spent a
over his decade in the business. body’s running short on drivers stretch delivering pizzas early
Mr. McCabe said he now carries on a Friday night,” said David in his Domino’s career.
a knife on deliveries, with his
boss’s blessing.
Some pizza executives said
delivery drivers are decamping
Gibbs, chief executive of Pizza
Hut owner Yum Brands Inc.
Domino’s hasn’t worked with
apps in the U.S., but executives
Smaller pizza shops said
they need to keep raising wages
to retain drivers or pay app
companies commissions on de-
for ride-share services and food said the company has consid- liveries that typically range
delivery apps, which can offer ered it. The world’s largest from 15% to 30% an order.
more flexible hours and better pizza chain by stores and sales Scott Gregerson, owner of
pay. Ride-share drivers make told investors in 2022 that a three Jet’s Pizza locations in
around $44,000 a year, while driver shortage was among its Manhattan and one soon to
pizza-delivery workers earn an biggest near-term challenges in open in Brooklyn, N.Y., said he
estimated $38,000 annually, ac- the U.S. and that it was review- has boosted his drivers’ salaries
cording to Glassdoor Inc. ing its delivery operations. after losing some to other de-
“It’s just cut down on our After franchisees identified livery jobs. He said he has also
number of drivers,” Domino’s car-related costs as an impedi- eliminated cash payments to
Chief Executive Russell Weiner ment to recruiting delivery help deter robberies of drivers.
said, referring to competition workers, Domino’s said in No- Still, Mr. Gregerson said,
with ride-share apps. vember that it would procure “Working at a pizza shop is a
Some chains have teamed up 800 electric vehicles to provide grind, even in good times.”
CHARTING
DISRUPTION
A guide to the trends,
technologies and bold ideas
transforming our world.
An interactive outlook on the
innovations driving healthcare,
green energy, finance and so
much more.
VIEW THE
EXPERIENCE
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department. The Wall Street Journal news organization was not involved
in the creation of this content.
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B4 | Tuesday, January 3, 2023
Macy’s Boss on Trying to Break Groupthink
Jeff Gennette says retailer has made progress to diversify staff and suppliers, but struggles to retain diverse middle managers
BY SUZANNE KAPNER
When Jeff Gennette joined
Macy’s Inc.’s management train-
ing program in 1983, he had a
big decision to make. Should he
tell his colleagues he was gay?
Mr. Gennette had come out in
college at Stanford University,
where he majored in English.
But being openly gay in Ameri-
can corporations at that time
was risky, he said. “It was the
beginning of the AIDS crisis,”
said Mr. Gennette, 61 years old.
“So it was a
BOSS TALK scary time to be
a gay person and
be out and open.”
Mr. Gennette said he decided
to be honest about his sexuality
with his colleagues because he
wanted to bring his authentic
self to work. It is a philosophy
that helped him climb through
the ranks at Macy’s and informs
his leadership style now that he
is Macy’s chief executive.
“You’re going to see opportuni-
ties for customers that maybe
you wouldn’t have otherwise if
you had people who all looked
the same or all acted the same,”
Mr. Gennette said.
When he became CEO in
2017, Macy’s was in crisis. Sales
were falling, and pundits were
talking about the death of de-
partment stores, which were
losing share to discount chains,
fast fashion and online retailers.
Then the pandemic hit, up-
ending Macy’s business along
with those of other retailers. Mr.
Gennette temporarily shut
Macy’s nearly 800 stores and
furloughed 90% of its 123,000
employees. More than a quarter
of those jobs were permanently
eliminated. Macy’s lost nearly
$4 billion in net income during
the fiscal year that ended in
January 2021 as sales plunged
by almost a third from the prior
year.
Macy’s came out of the pan-
demic a smaller but more prof-
itable company. It paid down
debt and eliminated layers of
management, which facilitated
faster decision making. By get-
ting team leaders to work more
closely together and moderniz-
DENIS BALIBOUSE/REUTERS
no
The power-generation business, once a fountain of profit, has produced losses, accounting headaches and concerns about its future.
GE Turns
Focus to
Power Unit
Continued from page B1
years.
He said that overall inves-
tor interest in GE has been low
going into the breakup, but he
expects the spinoffs may
change that.
Based on his forecasts for
2024 earnings, Mr. Davis esti-
mates that GE Aerospace
could fetch an enterprise value
of $94 billion, while GE
HealthCare would be valued at
around $48 billion and GE
Vernova at less than $13 bil-
lion.
“Even if healthcare doesn’t
trade well, it will be fine. It is
a solid business and known
brand,” Mr. Davis said. “Aero-
space has obvious value and it
will attract investor interest,”
he said, “but GE power has
very limited interest.”
The new GE HealthCare
shares will officially begin
trading on Jan. 4, but the
stock has recently been trad-
ing on a “when issued” basis
around $60. When-issued
trading allows market partici-
pants to seek out the market
value for spinoff stocks ahead
of the official split.
All of this turns attention
to GE’s power business, a lit-
ing its supply chain by using
more data and analytics, Macy’s
avoided the worst of the inven-
tory glut that this year tripped
up other large retailers, includ-
ing Walmart Inc. and Target
Corp.
Mr. Gennette recently spoke
with The Wall Street Journal via
video from his office at Macy’s
flagship store in New York
about his career and manage-
ment style. Edited excerpts:
WSJ: It is July 5, 1983, your
first day at Macy’s and you de-
cide to come out as gay. What
led you to that decision?
MR. GENNETTE: It was, did
I want to keep my personal
life separate from my profes-
sional life? What were you go-
ing to talk about when you
went out to dinner or drinks
or when you were doing as-
signments; did you talk about
your personal life or not? It
was a choice to be myself with
my peer group.
WSJ: What was the reaction
from your colleagues?
MR. GENNETTE: There were
definitely a couple of times
when it was made known to
me that it could be a deterrent
in my career by being openly
gay. There weren’t many peo-
ple who were. Certainly not in
the ranks above me.
But even in my peer group,
there were some people who
I knew were gay but chose to
not be open about it. I had a
mentor who said, “Hey,
things are being said about
you.” It was a little uncom-
fortable that he was bringing
it up in a way that suggested
on WSJ: How did the idea of
that maybe I should be less
us ,
transparent about it if I
l
wanted to get ahead in my
e
al a
career. I did not see it as any-
thing that held me back.
ci on
WSJ: You talk about bringing
your authentic self to work.
What does that mean?
MR. GENNETTE: It’s your
values, what you care about,
er s
what you have an opinion
about. So you can authenti-
m er
cally contribute to the dia-
m rp
co Fo
n-
tle-discussed part of the com-
pany on conference calls in the
past year. GE says it expects
the gas market to remain sta-
ble over the next decade and
for gas to play a key role in
any transition to renewable
energy sources. In the mean-
time, the division has become
more selective about under-
taking projects rather than
simply focusing on grabbing
market share.
David Giroux, chief invest-
ment officer of T. Rowe Price
Investment Management Inc.,
said the leadership of the gas
power division has succeeded
in turning around the opera-
tions, and he is hopeful that a
similar turnaround will hap-
pen in the renewables busi-
ness. His company said it held
2.1% of GE shares outstanding
at the end of September.
After the GE HealthCare
split, Mr. Giroux expects most
investor attention will remain
on Aerospace.
“Whatever is left, more
than 80% of the enterprise
value is going to be aero-
space,” he said. “There is a
very powerful recovery story
in the core aerospace business
over the next five years.”
Mr. Strazik, GE Vernova’s
leader, said the business will
benefit from the Inflation Re-
duction Act, which provides
years of tax credits for wind-
power producers. He expects
orders to increase in 2023
from the law and revenue to
grow in 2024 from those or-
ders.
BUSINESS & TECHNOLOGY
Jeff Gennette became Macy’s CEO in 2017, having joined a management-training program in 1983.
logue, to the strategy, to the
work that is being done. And
you don’t have to groupthink.
You don’t have to process it
through another lens. You
have a perspective that, if
properly encouraged and you
have the confidence and the
talent, you can express it.
And that makes a difference
in the decisions that we make
as an organization. If you
think about the diversity that
we serve in America and you
bring in how that is reflected
in the management, you’re go-
ing to make better decisions.
authenticity help foster diver-
sity and inclusion at Macy’s?
Can you talk about The Work-
shop at Macy’s, where you pro-
vide suppliers with mentoring
and tools to help them grow
their businesses.
MR. GENNETTE: Workshop
was something we started 11
years ago to create opportuni-
ties for minority- and women-
owned businesses. It was the
opportunity to train them, to
get them ready. We help them
with P & Ls. We work with
them through Babson College.
We did that year after year.
GE's nine-month revenue by
segment
2022 2021
Aerospace
$21.4 billion
HealthCare
$17.9
$14.6
$14.3
Power
$12.4
$12.1
Renewables
$9.6
$13.3
Source: the company
GE’s fleet of installed gas
turbines provide steady busi-
ness for servicing and they
also allow for conversations
with utilities as they upgrade
equipment to be more efficient
and incorporate wind or small-
scale nuclear into their power
production, Mr. Strazik said.
“The reality is these invest-
ments are complex, and infra-
structure investments don’t
always work in a straight
line,” Mr. Strazik said. “We
can cover the spectrum of
technologies in a way few
companies in the world could
do.”
Combining the gas-power
operations with renewables
has merit, said Evelyn Chow, a
senior research analyst at in-
And it kept coming back to
what if we did some funding
for these companies, what if
we put money up to help them
get on their feet?
WSJ: So you launched an-
other program in November 2022
called S.P.U.R. Pathways to pro-
vide up to $200 million in fund-
ing for underrepresented busi-
nesses in conjunction with
Momentus Capital. What was
the thinking behind that?
MR. GENNETTE: These mi-
nority- and women-owned
businesses have products
that our customers want, but
they just couldn’t bring all
the elements together to do
it at scale.
WSJ: How about among
your executives?
MR. GENNETTE: WyQua-
sia King is a dress buyer. She
is a member of the Divine
Nine sorority, [a Black soror-
ity system]. She worked with
two of our major manufac-
turing partners and devel-
oped Divine Nine colors for
the sororities from suits to
dresses to accessories.
In addition to that, it gave
us the opportunity to then
vestment-management firm
Neuberger Berman, because
they sell to the same custom-
ers. But the market for gas-
power turbines has declined in
the past 10 years.
“As an investor, I think the
idea of having a pure play re-
newables company is easier to
swallow,” said Ms. Chow,
whose firm owns about 1.8
million GE shares, or 0.2% of
the shares outstanding.
“Power is the price you have
to pay to get renewables.”
Another challenge for GE
Vernova is Wall Street’s in-
creased focus on ESG, which
factors environmental, social
and governance criteria into
investing decisions. GE is no
longer involved in building
new coal-burning power
plants, but the power business
still sells machines that burn
large amounts of natural gas.
GE is trying to cut its ma-
chines’ role in pollution. The
gas-power division is working
to run existing natural-gas
turbines with hydrogen
through a retrofit process and
also offers services to capture
carbon at natural-gas power
plants.
Regardless, Ms. Chow said
that many asset managers, in-
cluding Neuberger Berman,
have signed commitments to
decarbonize their portfolios.
“How do you own a potential
enabler of decarbonization like
GE,” she said, when “owning it
will also increase your portfo-
lio’s carbon intensity signifi-
cantly?”
THE WALL STREET JOURNAL.
WSJ.com/Tech
WSJ: How did you address
that problem?
MR. GENNETTE: In 2019, we
created Mosaic, which is a
leadership program. We take
high potential, diverse talent
and bring them the support
they need, a mentor or
coaching. We’ve had a much
better track record of retain-
ing this mid-management di-
verse talent. This is not an is-
sue with gender. I’m very
PETER FISHER FOR THE WALL STREET JOURNAL
proud that with gender,
we’ve been very strong there
for many, many years. Our
board of directors is 50%
gender diverse. Four of my 10
senior managers are women.
WSJ: And yet, Macy’s has
never had a female CEO. Is that
in the cards?
MR. GENNETTE: I’ve got a
couple of women that I’ve
identified who could be CEO.
give them funding for their WSJ: Macy’s rolled out new
scholarships and to be a part benefits for its employees after
of that. So to enmesh our- the Supreme Court overturned
selves in that community in a Roe v. Wade. You now reim-
more deep and meaningful burse travel for medical services
way than we were previously. that aren’t available within 100
We would never have been miles of their homes. How do
on that if it hadn’t been for you decide which social issues
WyQuasia coming in and say- to weigh in on and which to
ing to us, “Hey, I’ve got an stay quiet about?
idea, let me run with this.” MR. GENNETTE: We have a
And this thing now is well responsibility now on certain
over $10 million in annual issues to lean in, and it
.
sales. We’re now looking at didn’t used to be that way. It
the fraternities that are the used to be that if you were
ly
complement to the sororities. serving America, just stay
quiet about things that
WSJ: When have your diver- weren’t related to your own
sity efforts fallen short?
MR. GENNETTE: The biggest
challenge is we have this
dropout at the middle man-
knitting. Through the pan-
demic and a lot of what was
going on with some of the
societal issues, corporations
agement rank for diverse exec- were put on the stand to say,
utives. More than 50% of our what is your stand on this?
sales come from diverse cus- We created a social pur-
tomers, more than 50% of our pose platform called Mission
hourly colleagues are diverse, Every One that will invest $5
and nearly half of our manag- billion by 2025 to tackle
ers are diverse. And then some of the biggest chal-
you’ve got a very diverse lenges in our times: equality
boardroom. And we’ve got a and equity for all people as
pretty good diverse senior ex- well as climate change. As
ecutive pool. When you look at part of that, we created a
the middle executives, at the group of advisers on societal
director, the VP level, we have topics and how they might
a lot of dropouts. affect our brand.
Crypto Magnates
Trade Barbs Online
Over Lender’s Freeze
BY VICKY GE HUANG find a way for the crypto
AND CAITLIN OSTROFF lender to return owed assets.
In an open letter to Mr. Sil-
Tensions between crypto bert Monday, Mr. Winklevoss
magnates Cameron Winklevoss said Genesis creditors have re-
and Barry Silbert erupted into peatedly tried to get together
an open dispute on Twitter at with Mr. Silbert and sent multi-
the start of the new year, with ple proposals to him, including
Mr. Winklevoss accusing Mr. one delivered on Christmas.
Silbert of “bad faith stall tac- “Despite this, you continue
tics” that are hurting rank- to refuse to get into a room
and-file customers. with us to hash out a resolu-
The back-and-forth on Mon- tion,” Mr. Winklevoss wrote.
day deals another blow to a “Every time we ask you for
sector struggling for credibil- tangible engagement, you hide
ity, especially since the col- behind lawyers, investment
lapse of FTX and its affiliated bankers, and process. After six
trading firm, Alameda Re-
search. The fall of the two
companies led to outflows
weeks, your behavior is not
only completely unacceptable,
it is unconscionable.”
from other crypto exchanges Mr. Silbert responded on
and the near-erasure in value Twitter, saying his company
of coins tied to FTX and had delivered a proposal on
Alameda, domino effects in a
closely linked industry.
Crypto investors are closely
Dec. 29 “and has not received
any response.”
Mr. Winklevoss also said
watching the negotiations be- that Mr. Silbert’s parent com-
tween the Gemini exchange, pany DCG owes $1.675 billion
which was founded by Mr. Win- to its subsidiary Genesis. Mr.
klevoss and his brother, Tyler, Silbert replied on Twitter that
and the lender Genesis Global
Capital. Last year saw the
bankruptcies of multiple crypto
firms, capped off with FTX.
The co-founder of
Traders are going into the new Gemini criticized
year wary of further turmoil.
Genesis, the lending unit of
‘unconscionable’
Mr. Silbert’s crypto conglomer- behavior by Genesis.
ate Digital Currency Group,
halted loan originations and re-
demptions Nov. 16 after it
couldn’t meet client withdrawal DCG didn’t borrow $1.675 bil-
requests. Genesis cited the de- lion from Genesis and is cur-
mise of FTX. The Wall Street rent on all loans outstanding.
Journal has reported that Gen- Mr. Silbert said in a letter
esis had loans outstanding to to investors in November that
FTX’s sister trading firm. DCG owes Genesis about $575
Genesis is a lending partner million that is due in May
of Gemini’s earn program, 2023, in addition to a $1.1 bil-
which allows retail users to lion promissory note to Gene-
lend out their cryptocurrencies sis due in June 2032.
for annual interest rates as high Last year, DCG took on lia-
as 8%. Gemini paused customer bilities from Genesis after the
withdrawals from the earn pro- crypto hedge fund Three Ar-
gram on the same day that Gen- rows Capital defaulted on the
esis made its announcement. $2.4 billion in loans it took out
Gemini’s 340,000 earn users from Genesis, prompting the is-
have deposited more than $900 suance of the $1.1 billion prom-
million in the earn program, ac- issory note while DCG tries to
cording to Mr. Winklevoss. recover assets from Three Ar-
Crypto exchange Gemini rows’ liquidation proceedings.
has banded together with Spokespeople for Gemini
other creditors of Genesis to and DCG declined to comment.
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

THE WALL STREET JOURNAL. Tuesday, January 3, 2023 | B5

Preproduction models shown. Actual production models will vary. 2024 Silverado EV available fall 2023. 2024 Blazer EV SS shown available fall 2023. 2024 Equinox EV 3LT shown available starting spring 2024.

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EVs for everyone, everywhere.

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 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

B6 | Tuesday, January 3, 2023 THE WALL STREET JOURNAL.

BUSINESS & FINANCE

Startups End Bruising 2022,

Venture-capital investment Venture-capital funds were
in U.S. startups* returning much less money to
their limited partners in 2022†
$350billion 30 %

Face Another Difficult Year 300

250
200
25

20

Valuations are likely 15

to fall further before 150
10
the venture-capital 100
market recovers 50 5

BY HEATHER SOMERVILLE 0 0
RICHARD BEAVEN FOR THE WALL STREET JOURNAL

2016 ’20 2006 ’10 ’15 ’20

Startups had a dismal year U.S. venture debt deals*
by nearly every measurement
in 2022, from plummeting in- $14 billion
vestment to scarce public list-
ings, and data point to a 2023 12
that could be even tougher. 10
As markets tanked in early
2022, many startup executives 8
and investors were confident
that a record amount of ven- 6
ture capital waiting to be spent
4
and a lingering enthusiasm for
new tech trends would buffer Software firm Getro turned to cost reductions after a funding round failed, CEO Evan Walden said. 2
Silicon Valley.
No such luck. As 2022 favorite valued at nearly $3 bil- In the past year, U.S.-based is so much uncertainty and fear 0
closed, startup founders and in- lion, is planning to merge with venture-backed startups laid off and doubt in the market.” 2019 ’20 ’21 ’22
vestors were licking their a Canadian company, and its more than 35,000 workers, ac- Another risk for startups is *Data as of Dec. 12. †Annual distribution is shown as a percentage of net asset value, or the
wounds from plunging invest- stock is down more than 97% cording to Layoffs.fyi, a website that the long-term partners unrealized value of venture-capital portfolios. 2022 is estimated.
ment, scant opportunities to after it told investors it had that tracks job cuts in the tech- that provide the funding for Sources: PitchBook Data (investment and debt deals); Hamilton Lane (funds);
turn equity into cash, layoffs overstated revenue for years, nology industry. Some have venture-capital firms are on
and business pivots. The according to public filings. The scrapped business plans or pace to receive less in payouts at a lower valuation. This won’t erally the first round of institu-
startup sector is now staring cryptocurrency crash has wiped shelved new products. on their investments in 2022 last, investors said. tional funding for a startup—
down a bleak start to the new out many startups. Ford Motor than in any year going back to “There has been very little and haven’t raised any venture
year, including signs that valua- Co.-backed self-driving com- Cutting costs at least 2006, according to data adjustment of prices” so far, capital since, according to an
tions have much further to fall, pany Argo AI and electric-vehi- Getro Inc., which sells soft- from investment firm Hamilton said Mike Volpi, a venture capi- analysis of PitchBook data.
said venture capitalists, bank- cle firm Electric Last Mile So- ware to help startups with hir- Lane. This shortfall, combined talist with Index Ventures. Once Many of these startups risk
ers and fund managers. lutions Inc.—both at one point ing, pivoted twice in 2022, said with investment losses in pub- startups run out of money, he running out of money in the
“You want to make sure the valued at well over $1 billion— Chief Executive Evan Walden. lic stocks and other assets, said, “that is when valuations coming year. Seed-stage fund-
market’s hit a bottom before have closed in the past year. First it tailored its product to leaves them bereft of cash to are going to correct.” ing rounds typically provide on

.
you invest, and people don’t A rout in public stocks, ris- service crypto-based compa- plow into new venture-capital High valuations have en- average 18 months to two years
think it’s hit bottom yet,” said ing interest rates and broad nies, hoping to tap into the endeavors, said Miguel Luiña, dured in part because of insider of money.

Jesse Hurley, head of global macroeconomic uncertainty
fund banking for Silicon Valley swiftly tempered the frenzy of
Bank, which services startups 2020 and 2021, when a pan-
and venture-capital firms. “Un-
til there is that sort of leveling,
people are just feeling a bit
skittish.”
demic-driven shift online and
historic bull market fueled re-
cord sums of venture capital.
on
IPOs lose steam
us ,
boom in so-called Web3 tech-
nology. Then in July, amid the
crypto crash, the company re-
verted to its original business
plan, Mr. Walden said.
After Mr. Walden failed to
raise a $10 million funding
round, he said he decided to fo-
Hamilton Lane’s managing di-
rector of fund investments.
Valuations fall
Startup company valuations,
while down 43% on average in
the fourth quarter from a year
ago, according to PitchBook,
ly
rounds, when startups raise
money from existing investors
with minimal, if any, valuation
ding. Venture capitalists say
they have seen a surge in such
rounds—some estimate 10
times the number from prior
years—which can help keep
“This is going to be a pres-
sure to get money at all costs,”
said Mark Peter Davis, manag-
ing partner at Interplay, a ven-
ture firm, family office and
startup incubator.
Some already have suc-
cumbed to valuation cuts. Cy-

Investment declines The market for U.S. initial cus on cutting spending, lifting generally remain higher than startups afloat. But such fund- bersecurity company Snyk Ltd.
l

Venture-capital investment public offerings—a way for revenue and getting his com- those of their public tech-stock ing often is considered only a said in December it raised
e
al a

in U.S. startups in 2022 was on startups to raise money and al- pany cash-flow positive—with- peers, investors said. Some stopgap measure, deferring a money at a $7.4 billion valua-
pace to fall by one-third from low their investors to cash out relying on investors. startups raised so much money startup’s potential valuation cut tion, a 14% decline from the
2021, according to research out—had its worst year since He said the focus has paid during the pandemic they have or ultimate demise. prior January. Artificial intelli-
ci on

from PitchBook Data Inc., which 1990, according to University of
provided data through Dec. 12. Florida finance professor Jay
Startup funding fell sequen- Ritter. About 139 special-pur-
tially each quarter of the year. pose acquisition companies liq-
Once-hot tech sectors have uidated in 2022, according to
er s
off: The company was cash-
flow positive in December and
has enough money in the bank
to last three years.
“To be in a place where we
been able to avoid fundraising
and are clinging to robust valu-
ations left over from a hot mar-
ket. Others have drawn on al-
ternative financing mechanisms
Debt deals also can help
startups avoid a down round,
though they add costs. Startups
raised more than $31 billion in
venture debt in 2022 as of Dec.
gence platform Dataiku Inc.
said in December it had closed
a deal at a $3.7 billion valua-
tion, a roughly 21% drop from
2021. The companies didn’t re-

fallen out of favor: The scooter SPAC Research, undermining would need to fundraise that have allowed them to 12, according to PitchBook. spond to requests for comment.
business is limping along. Bird another tool startups and in- doesn’t seem like the best place avoid the dreaded “down Roughly 2,750 startups in “I think we have a lot more
m er

Global Inc., a one-time investor vestors use to cash in. to be,” said Mr. Walden. “There round”—accepting new funding 2021 raised a seed round—gen- pain to come,” Mr. Davis said.
m rp

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THE WALL STREET JOURNAL. Tuesday, January 3, 2023 | B7

MARKETS DIGEST
Dow Jones Industrial Average S&P 500 Index New to the Market
Last Year ago Last Year ago
33147.25 t 56.68, or 0.17% last week Trailing P/E ratio 20.63 22.61 3839.50 t 5.32, or 0.14% last week Trailing P/E ratio * 18.59 29.33 Public Offerings of Stock
High, low, open and close for each of P/E estimate * 18.28 18.76 High, low, open and close for each of P/E estimate * 17.52 22.82
the past 52 weeks Dividend yield 2.07 1.90 the past 52 weeks Dividend yield * 1.77 1.26 IPOs in the U.S. Market
All-time high 36799.65, 01/04/22 All-time high 4796.56, 01/03/22
None expected this week
65-day
Current divisor 0.15172752595384 moving average Lockup Expirations
Week's high 37000 4650
65-day DOWN UP None expected this week
moving average
t

200-day Monday's open Friday's close

moving average Friday's close 35500 4450
Monday's open IPO Scorecard
t

200-day moving average Performance of IPOs, most-recent listed first

Week's low
34000 4250 % Chg From % Chg From
Company SYMBOL Friday's Offer 1st-day Company SYMBOL Friday3s Offer 1st-day
IPO date/Offer price close ($) price close IPO date/Offer price close ($) price close
32500 4050 Coya Thera 4.74 –5.2 3.7 Mobileye Global 35.06 67.0 21.0
COYA Dec. 29/$5.00 MBLY Oct. 26/$21.00
Horizon Space Acquisition I 10.10 1.0 0.3 Prime Medicine 18.58 9.3 20.9
31000 3850 HSPOU Dec. 22/$10.00 PRME Oct. 20/$17.00
Alphavest Acquisition 10.10 1.0 0.7 Hudson Acquisition I 10.19 1.9 1.8
ATMVU Dec. 20/$10.00 HUDAU Oct. 14/$10.00
29500 3650 Lipella Pharmaceuticals 3.13 –45.6 –33.5 TenX Keance Acquisition 10.33 3.3 3.0
LIPO Dec. 20/$5.75 TENKU Oct. 14/$10.00
Bars measure the point change from Monday's open
Erayak Power Solution Grp 1.99 –50.3 –40.9 Aquaron Acquisition 10.15 1.5 1.3
28000 3450 RAYA Dec. 14/$4.00 AQUNU Oct. 4/$10.00
DJ F M A M J J A S O N D DJ F M A M J J A S O N D Adamas One 3.10 –31.1 –31.1 dMY Squared Technology 10.00 ... ...
Primary JEWL Dec. 7/$4.50 DMYY.U Sept. 30/$10.00
NYSE weekly volume, in billions of shares market Composite
t
t

Acrivon Thera 11.52 –7.8 –30.8 Laser Photonics 2.04 –59.2 –20.9
Scan this code
36 ACRV Nov. 15/$12.50 LASE Sept. 30/$5.00
24 Get real-time U.S. stock quotes and track ASP Isotopes 1.58 –60.5 –40.8 Nexalin Technology 0.75 –82.0 –66.7
12 most-active stocks, new highs/lows, mutual ASPI Nov. 10/$4.00 NXL Sept. 16/$4.15
0 funds and ETFs.. Plutonian Acquisition 10.09 0.9 0.6 Corebridge Financial 20.06 –4.5 –3.2
DJ F M A M J J A S O N D Available free at WSJMarkets.com PLTNU Nov. 10/$10.00 CRBG Sept. 15/$21.00

*Weekly P/E data based on as-reported earnings from Birinyi Associates Inc.; † Based on Nasdaq-100 Index Snail 1.47 –70.6 –34.7 Third Harmonic Bio 4.30 –74.7 –78.2
SNAL Nov. 10/$5.00 THRD Sept. 15/$17.00
Major U.S. Stock-Market Indexes Nasdaq Composite
Sources: Dow Jones Market Data; FactSet
Latest Week 52-Week % chg t 31.38, or -0.30%
High Low Close Net chg % chg Low YTD 3-yr. ann.
Dow Jones
Close (l) High %chg last week Public and Private Borrowing
Industrial Average 33387.72 32847.82 33147.25 -56.68 -0.17 28725.51 • 36799.65 -8.8 -8.8 5.2 Treasurys
Transportation Avg 13608.51 13249.10 13391.91 -172.85 -1.27 11999.40 • 16718.54 -18.7 -18.7 7.2
10450
Utility Average 987.99 958.51 967.40 -8.18 -0.84 838.99 • 1071.75 -1.4 -1.4 3.4
Monday, January 3 Wednesday, January 5
Total Stock Market 38698.08 37888.64 38520.60 -35.14 -0.09 36056.21 • 48929.18 -20.8 -20.8 5.4 Auction of 13 and 26 week bills; Auction of 4 and 8 week bills;
Barron's 400 925.08 906.38 920.39 -5.40 -0.58 825.73 • 1111.54 -16.8 -16.8 8.0 10350 announced on December 29; settles on January 5announced on January 3; settles on January 10
Nasdaq Stock Market Tuesday, January 4
10250
Nasdaq Composite 10514.76 10207.47 10466.48 -31.38 -0.30 10213.29 • 15832.8 -33.1 -33.1 5.4

.
Auction of 17 week bill;
Nasdaq-100 10981.06 10671.19 10939.76 -45.69 -0.42 10679.34 • 16501.77 -33.0 -33.0 7.9

ly
10150 announced on January 3; settles on January 10
S&P
23 26 27 28 29 30
500 Index 3858.19 3780.78 3839.50 -5.32 -0.14 3577.03 • 4796.56 -19.4 -19.4 6.0 December
MidCap 400 2448.75 2394.56 2430.38 -4.77 -0.20 2200.75 • 2865.54 -14.5 -14.5 5.7 DJ US TSM
A Week in the Life of the DJIA
SmallCap 600
Other Indexes
Russell 2000
1164.66 1137.71 1157.53

1767.91 1722.02 1761.25

-3.15

0.31
-0.27 on
1649.84
0.02
1064.45 •

•
1426.13 -17.4

2272.56 -21.6
-17.4

-21.6 1.9
4.4
t 35.14, or -0.09%
last week
A look at how the Dow Jones Industrial Average component stocks
did in the past week and how much each moved the index. The DJIA
lost 56.68 points, or 0.17%, on the week. A $1 change in the price of
NYSE Composite 15269.06 15033.47 15184.31 -4.14 -0.03 13472.18 • 17353.76 -11.5 -11.5 3.0 any DJIA stock = 6.59-point change in the average. To date, a $1,000
us ,

Value Line 538.90 526.67 536.35 0.01 0.00 491.56 • 680.36 -20.2 -20.2 -0.8 38550 investment on Dec. 31 in each current DJIA stock component would
l

NYSE Arca Biotech 5316.49 5155.95 5281.10 -14.95 -0.28 4208.43 • 5558.51 -4.3 -4.3 1.5 have returned $28,180, or a loss of 6.07%, on the $30,000
e
•
al a

NYSE Arca Pharma 874.56 860.47 867.87 -2.60 -0.30 737.84 887.27 4.9 4.9 10.0 investment, including reinvested dividends.
38300
KBW Bank 101.14 98.69 100.85 1.55 1.56 94.66 • 147.56 -23.7 -23.7 -3.7
PHLX§ Gold/Silver 126.12 119.89 120.86 -1.03 -0.85 91.40 • 167.76 -8.8 -8.8 4.1
The Week’s Action
ci on

Pct Stock price Point chg $1,000 Invested(year-end '21)

PHLX§ Oil Service 84.54 80.97 83.86 0.406 0.49 52.72 • 88.37 59.1 59.1 1.8 38050
chg (%) change in average* Company Symbol Close $1,000
PHLX§ Semiconductor 2543.23 2445.20 2532.11 -3.38 -0.13 2162.32 • 4027.22 -35.8 -35.8 11.1
2.58 0.99 6.52 Verizon VZ $39.40 $800
Cboe Volatility 22.80 20.96 21.67 0.80 3.83 16.60 • 36.45 25.8 25.8 13.5 37800
23 26 27 28 29 30 2.43 3.15 20.76 salesforce.com CRM 132.59 522

Nasdaq PHLX Sources: FactSet; Dow Jones Market Data December
2.15 2.82 18.59 JPMorgan Chase JPM 134.10 874
er s

1.30 0.34 2.24 Intel INTC 26.43 533

International Stock Indexes Commodities and Currencies
m er

1.18 2.09 13.77 Chevron CVX 179.49 1,585

Monday YTD
Latest YTD
Close Net chg %Chg % chg
0.94 1.93 12.72 Visa V 207.76 966
Region/Country Index Close Net chg % chg % chg WSJ Dollar Index 96.71 0.15 0.16 0.16 0.76 1.43 9.42 Boeing BA 190.49 946
World MSCI ACWI 606.31 0.93 0.15 0.2 Euro, per dollar 0.9374 0.0031 0.33 0.33
710
m rp

130.74 -0.38 -0.29 -0.29 0.65 0.76 5.01 Nike NKE 117.01
MSCI ACWI ex-USA 282.39 1.08 0.39 0.4 Yen, per dollar
0.18 U.K. pound, in dollars 1.20 -0.005 -0.41 -0.41 0.50 0.73 4.81 American Express AXP 147.75 915
MSCI World 2607.25 4.56 0.2
MSCI Emerging Markets 956.12 –0.26 –0.03 –0.03 Last Week 2022 0.46 1.09 7.18 Microsoft MSFT 239.82 720
Close Net chg %Chg % chg
Americas MSCI AC Americas 1456.92 –0.33 –0.02 –0.02 0.34 0.16 1.05 Cisco CSCO 47.64 775
Closed DJ Commodity 1048.69 5.81 0.56 10.83
Canada S&P/TSX Comp 19384.92 … n.a. 1,049
co Fo

Refinitiv/CC CRB Index 277.75 -0.36 -0.13 19.53 0.20 0.43 2.83 Honeywell HON 214.30
Latin Amer. MSCI EM Latin America 2096.12 –32.17 –1.51 –1.5
–3.1 Crude oil, $ per barrel 80.26 0.70 0.88 6.71 –0.13 –0.31 –2.04 Caterpillar CAT 239.56 1,186
Brazil BOVESPA 106376.02 –3358.58 –3.06
Chile S&P IPSA 3172.57 … Closed n.a. Natural gas, $/MMBtu 4.475 -0.505 -10.14 19.97 704
–0.18 –0.22 –1.45 3M MMM 119.92
Mexico S&P/BMV IPC 48993.24 529.38 1.09 1.1 Gold, $ per troy oz. 1819.70 22.30 1.24 -0.43
–0.21 –1.13 –7.45 UnitedHealth Group UNH 530.18 1,069
EMEA STOXX Europe 600 428.95 4.06 0.96 1.0 U.S. Dollar Index 103.52 -0.79 -0.76 7.87
–0.33 –0.21 –1.38 Coca-Cola KO 63.61 1,106
Eurozone Euro STOXX 416.19 6.22 1.52 1.5 WSJ Dollar Index 96.56 -0.81 -0.84 7.82
Belgium Bel-20 3753.22 52.05 1.41 1.4 Euro, per dollar 0.9344 -0.0076 -0.80 6.26 –0.47 –0.83 –5.47 Johnson & Johnson JNJ 176.65 1,060
Denmark OMX Copenhagen 20 1858.25 22.97 1.25 1.3 Yen, per dollar 131.12 -1.68 -1.26 13.91 –0.48 –1.28 –8.44 Amgen AMGN 262.64 1,204
France CAC 40 6594.57 120.81 1.87 1.9 U.K. pound, in dollars 1.21 0.005 0.39 -10.57
–0.54 –0.76 –5.01 IBM IBM 140.89 1,107
Germany DAX 14069.26 145.67 1.05 1.0 52-Week
Israel Tel Aviv 1786.19 4.16 0.23 –0.6 Low Close(l) High % Chg –0.62 –2.13 –14.04 Goldman Sachs GS 343.38 921
Italy FTSE MIB 24158.28 451.32 1.90 1.9 950
DJ Commodity 946.24 l 1264.48 10.83 –0.69 –1.06 –6.99 Procter & Gamble PG 151.56
n-

Netherlands AEX 701.16 12.15 1.76 1.8

Refinitiv/CC CRB Index 232.37 l 329.59 19.53 –0.81 –0.91 –6.00 Merck MRK 110.95 1,494
Norway Oslo Bors All-Share 1373.44 10.76 0.79 0.8
Crude oil, $ per barrel 71.02 l 123.70 6.71 780
South Africa FTSE/JSE All-Share 73048.57 … Closed n.a. –0.90 –2.87 –18.92 Home Depot HD 315.86
1.71 1.7 Natural gas, $/MMBtu 3.72 l 9.68 19.97
Spain IBEX 35 8369.70 140.62 –0.92 –0.47 –3.10 Dow DOW 50.39 933
l
no

Sweden OMX Stockholm 795.85 13.99 1.79 1.8 Gold, $ per troy oz. 1623.30 2040.10 -0.43
Closed –1.05 –1.99 –13.12 Travelers TRV 187.49 1,224
Switzerland Swiss Market 10729.40 … n.a.
U.S. Dollar Index 94.79 l 114.10 7.86
Turkey BIST 100 5661.10 151.94 2.76 2.8 –1.28 –1.13 –7.45 Walt Disney DIS 86.88 561
WSJ Dollar Index 88.95 l 105.14 7.82
U.K. FTSE 100 7451.74 … Closed n.a. 995
Euro, per dollar 0.87 l 1.04 6.26 –1.38 –1.98 –13.05 Walmart WMT 141.79
U.K. FTSE 250 18853.00 … Closed n.a.
Yen, per dollar 113.68 l 150.15 13.91 –1.46 –1.93 –12.72 Apple AAPL 129.93 736
Asia-Pacific MSCI AC Asia Pacific 155.78 0.04 0.03 0.03
U.K. pound, in dollars 1.07 l 1.37 -10.57 –1.51 –4.04 –26.63 McDonald’s MCD 263.53 1,005
Australia S&P/ASX 200 7038.70 … Closed n.a.
China Shanghai Composite 3089.26 … Closed n.a. –3.29 –1.27 –8.37 Walgreens WBA 37.36 750
Go to WSJMarkets.com for free
Hong Kong Hang Seng 19781.41 … Closed n.a.
access to real-time market data. *Based on Composite price. DJIA is calculated on primary-market price.
India S&P BSE Sensex 61167.79 327.05 0.54 0.5 Source: Dow Jones Market Data; FactSet.
Japan NIKKEI 225 26094.50 … Closed n.a.
Singapore Straits Times 3251.32 … Closed n.a.
South Korea KOSPI 2225.67 –10.73 –0.48 –0.5
Currencies
Taiwan TAIEX 14137.69 … Closed n.a. U.S.-dollar foreign-exchange rates in late New York trading
Thailand SET 1668.66 … Closed n.a. US$vs, US$vs,
Sources: FactSet; Dow Jones Market Data Mon YTDchg Mon YTDchg
Country/currency in US$ per US$ (%) Country/currency in US$ per US$ (%)
Americas Vietnam dong .00004231 23635 0.02
Consumer Rates and Returns to Investor Benchmark Yields and Rates Argentina peso .0056178.1500 0.8 Europe
U.S. consumer rates Selected rates Treasury yield curve Forex Race Brazil real .1864 5.3637 1.5 Czech Rep. koruna .04415 22.648 0.4
Five-year ARM, Rate Yield to maturity of current bills, Yen, euro vs. dollar; dollar vs. Canada dollar .7367 1.3575 0.2 Denmark krone .1434 6.9718 0.4
A consumer rate against its
major U.S. trading partners Chile peso .001179 848.25 unch Euro area euro 1.0668 .9374 0.3
benchmark over the past year notes and bonds
Bankrate.com avg†: 5.44% Colombiapeso .000206 4848.00 –0.01 Hungary forint .002657 376.43 0.8
5-year Raymond James Bank, NA 3.00% 5.00% Ecuador US dollar 1 1 unch Iceland krona .007032 142.20 0.5
adjustable-rate 28% Mexico peso .0514 19.4662 –0.1 Norway krone .1014 9.8604 0.5
t

5.00% St. Petersburg, FL 800-718-2265

mortgage (ARM) 4.00 WSJ Dollar Index Uruguay peso .02523 39.6385 –0.8 Poland zloty .2285 4.3770 –0.05
RTN Federal Credit Union 4.63% t
14
s
4.00 Asia-Pacific Russia ruble .01408 71.000 –3.7
Waltham, MA 781-736-9900 Tradeweb ICE 3.00
Australian dollar .6801 1.4704 0.2
Sweden krona .0956 10.4618 0.2
Friday Close
3.00 Chemung Canal Trust Company 5.00% 0 Switzerland franc 1.0808 .9252 0.01
2.00 China yuan .1450 6.8986 ...
t
Elmira, NY 607-737-3711
s
Euro Hong Kong dollar .1281 7.8072 0.01
Turkey lira .0534 18.7144 0.1
One year ago
t

5-year Treasury 2.00 1.00 –14 Ukraine hryvnia .0271 36.8500 unch
Hanscom Federal Credit Union 5.00% India rupee .01209 82.701 –0.1
note yield s Yen UK pound 1.2048 .8300 0.4
Hanscom AFB, MA 800-656-4328 Indonesia rupiah .0000642 15573 0.03
1.00 0.00 –28 Middle East/Africa
Star One Credit Union 5.25% Japan yen .007649 130.74 –0.3
J FMAM J J A S ON D 1 3 6 1 2 3 5 7 10 20 30 2022 Kazakhstan tenge .002161 462.85 ... Bahrain dinar 2.6525 .3770 –0.01
2022 Sunnyvale, CA 408-742-2801 month(s) years Macau pataca .1243 8.0445 –0.04 Egypt pound .0404 24.7259 –0.1
Yield/Rate (%) 52-Week Range (%) 3-yr chg maturity Malaysia ringgit .2270 4.4050 unch Israel shekel .2852 3.5062 –0.5
Interest rate Last (l)Week ago Low 0 2 4 6 8 High (pct pts) Sources: Tradeweb ICE U.S. Treasury Close; Tullett Prebon; Dow Jones Market Data New Zealand dollar .6316 1.5833 0.5 Kuwait dinar 3.2702 .3058 –0.1
Federal-funds rate target 4.25-4.50 4.25-4.50 0.00 l 4.50 2.75 Corporate Borrowing Rates and Yields Pakistan rupee
Philippines peso
.00441 226.700 unch
.0179 55.736 0.1
Oman sul rial
Qatar rial
2.5970 .3851 0.01
.2736 3.654 –0.4
Prime rate* 7.50 7.50 3.25 l 7.50 2.75 Spread +/- Treasurys,
Yield (%) in basis pts, 52-wk Range Total Return Singapore dollar .7450 1.3422 0.1 Saudi Arabia riyal .2660 3.7594 0.03
Libor, 3-month 4.77 4.73 0.21 l 4.78 2.86 South Korea won .0007875 1269.92 0.6
Bond total return index Last Wk ago Last Low High 52-wk 3-yr South Africa rand .0588 17.0011 –0.1
Money market, annual yield 0.33 0.33 0.07 l 0.33 -0.25 Sri Lanka rupee .0027360 365.50 –0.5
Five-year CD, annual yield 2.76 2.76 0.42 l 2.76 1.35 U.S. Treasury, Bloomberg 4.180 4.070 -12.33 -2.66 Taiwan dollar .03254 30.728 0.3 Close Net Chg % Chg YTD%Chg
30-year mortgage, fixed† 6.80 6.60 3.27 l 7.41 2.94 U.S. Treasury Long, Bloomberg 4.080 3.970 -28.83 -7.57 Thailand baht .02895 34.540 –0.2 WSJ Dollar Index 96.71 0.15 0.16 0.16
15-year mortgage, fixed† 5.90 5.78 2.56 l 6.53 2.55 Aggregate, Bloomberg 4.680 4.560 51 35 69 -12.88 -2.74
Jumbo mortgages, $647,200-plus† 6.87 6.63 3.27 l 7.44 2.71 Fixed-Rate MBS, Bloomberg 4.710 4.570 51 18 88 -11.70 -3.22 Sources: Tullett Prebon, Dow Jones Market Data

Five-year adj mortgage (ARM)† 5.44 5.44 2.82 l 5.60 0.86 High Yield 100, ICE BofA 8.249 7.966 410 256 552 -10.392 -0.862
New-car loan, 48-month 6.53 6.51 3.41 l 6.69 2.06 Muni Master, ICE BofA 3.281 3.245 3 -17 9 -7.585 -0.551
Bankrate.com rates based on survey of over 4,800 online banks. *Base rate posted by 70% of the nation's largest EMBI Global, J.P. Morgan 7.775 7.666 374 322 496 -16.453 -4.491 Key Interest Rates
banks.† Excludes closing costs. Data delayed due to holiday.
Sources: FactSet; Dow Jones Market Data; Bankrate.com Sources: J.P. Morgan; S&P Dow Jones Indices; Bloomberg Fixed Income Indices; ICE BofA
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

B8 | Tuesday, January 3, 2023 THE WALL STREET JOURNAL.

CLOSED-END FUNDS
Listed are the 300 largest closed-end funds as 52 wk Prem12 Mo Prem12 Mo 52 wk Prem12 Mo
measured by assets. Closed-end funds sell a limited Prem Ttl Fund (SYM) NAV Close /Disc Yld Fund (SYM) NAV Close /Disc Yld Prem Ttl Fund (SYM) NAV Close /Disc Yld
number of shares and invest the proceeds in securities. Fund (SYM) NAV Close /Disc Ret Fund (SYM) NAV Close /Disc Ret
Unlike open-end funds, closed-ends generally do not Highland Income HFRO 14.33 10.30 -28.1 8.0 EVMuniBd EIM NA 10.39 NA 5.0 Apollo Diversified Cd:M NA NA NA 6.9
buy their shares back from investors who wish to cash Nuv Real Est JRS 8.12 7.56 -6.9 -35.4 InvDYCrOpp:AX VTA 11.19 NA NA NA EVMuniIncm EVN NA 9.87 NA 5.4 PREDEX;W 30.25 NA NA 6.9 Opprtnstc Crdt Intrvl;I NA NA NA NS
in their holdings. Instead, fund shares trade on a stock
exchange. NA signifies that the information is not Nuveen Rl Asst Inc & Gro JRI 13.57 11.70 -13.8 -20.8 InvSnrIncTr VVR 4.06 3.83 -5.7 9.2 EVNatMuniOpp EOT NA 16.43 NA 4.4 Principal Dvs Sel RA A 25.22 NA NA -0.4 Peak Income Plus 10.00 NA NA NS
available or not applicable. NS signifies funds not in NuvS&P500DynOvFd SPXX 14.80 16.12 +8.9 -6.5 Nuveen Credit Strat Inc JQC 5.76 5.09 -11.6 9.0 InvAdvMuIncTrII VKI 9.45 8.59 -9.1 5.9 Principal Dvs Sel RA Ins 25.29 NA NA -0.1 PIMCO Flexible Cr I;A-1 NA NA NA 9.6
existence for the entire period. 12 month yield is NuvSP500BuyIncFd BXMX 12.57 12.65 +0.6 -7.0 NuvFloatRateIncFd JFR 9.02 7.92 -12.2 8.7 Invesco MuniOp OIA 6.25 6.24 -0.2 5.3 Principal Dvs Sel RA Y 25.48 NA NA 0.0 PIMCO Flexible Cr I;A-2 NA NA NA 9.6
computed by dividing income dividends paid (during
the previous 12 months for periods ending at month- ReavesUtilityIncome UTG 28.95 28.27 -2.3 -13.2 NuvFloatRteIncOppty JRO 8.93 7.81 -12.5 8.7 InvescoMuOppTr VMO 10.56 9.91 -6.2 5.8 The Private Shares;A 41.75 NA NA 1.3 PIMCO Flexible Cr I;A-3 NA NA NA 9.3
end or during the previous 52 weeks for periods Tortoise Enrgy Infra Crp TYG NA 31.77 NA 24.1 Nuveen Senior Income NSL 5.27 4.59 -12.9 8.8 InvescoMuTr VKQ 10.60 9.90 -6.6 5.7 The Private Shares;I 42.32 NA NA 1.6 PIMCO Flexible Cr I;A-4 NA NA NA 9.3
ending at any time other than month-end) by the The Private Shares;L 41.20 NA NA 1.0
latest month-end market price adjusted for capital Tortoise Midstream Enrgy NTG NA 34.58 NA 23.3 High Yield Bond Funds InvescoQual Inc IQI 10.68 9.42 -11.8 5.6 PIMCO Flexible Cr I;Inst NA NA NA 10.1
gains distributions. Depending on the fund category, VDivInt&PremStr NFJ 13.08 11.28 -13.8 -23.9 AllianceBernGlHiIncm AWF 10.37 9.22 -11.1 7.7 Thirdline Real EstateI 9.93 NA NA 5.3 Other Domestic Taxable Bond Funds
InvTrInvGrMu VGM 10.90 10.05 -7.8 5.6
either 12-month yield or total return is listed.
V Art Int&Tech Opps AIO 19.11 16.19 -15.3 -28.0 Allspring Income Oppty EAD 7.03 6.39 -9.1 9.99 USQ Core Real Estate:I 28.76 NA NA 5.7 AFA MMC;Inst 9.31 NA NA 5.9
Source: Lipper InvescoValMunInc IIM 13.10 12.05 -8.0 5.8
Income & Preferred Stock Funds Barings Glb SD HY Bd BGH 14.31 12.68 -11.4 9.3 USQ Core Real Estate:IS 28.81 NA NA 5.8 AFA MMC;Inv 9.28 NA NA 5.8
Friday, December 30, 2022 MAINSTAY:MKDEFTRMUNOP MMD 16.73 16.06 -4.0 6.0
CalamosStratTot CSQ 13.11 13.42 +2.4 -24.2 Versus Cap MMgr RE Inc:I 29.28 NA NA NE Alternative Credit Inc:A NA NA NA 6.8
52 wk BR Corporate HY HYT 9.24 8.74 -5.4 10.2 NeubrgrBrm NBH 11.72 10.42 -11.1 5.8
CohenStrsLtdDurPref&Inc LDP 20.79 19.02 -8.5 -22.3 Versus Capital Real Asst 27.24 NA NA 3.9 Alternative Credit Inc:C NA NA NA 6.0
Prem Ttl BlackRock Ltd Dur Inc BLW 13.52 13.07 -3.3 8.7 Nuveen AMT-Fr Mu Val NUW 14.84 13.61 -8.3 3.4
CohenStrsSelPref&Income PSF 20.48 18.72 -8.6 -24.5 Wildermuth:A 12.79 NA NA -3.3 Alternative Credit Inc:I NA NA NA 7.1
Fund (SYM) NAV Close /Disc Ret Brookfield Real Asst Inc RA 15.58 16.15 +3.7 13.3 Nuveen AMT-Fr Qlty Mun I NEA 12.40 11.37 -8.3 5.4 Wildermuth:C 12.07 NA NA -4.1 Alternative Credit Inc:L NA NA NA 6.6
General Equity Funds CohenStrsTaxAvPreSecs&I PTA 20.13 17.67 -12.2 -20.5 CrSuisHighYld DHY 2.01 1.76 -12.4 9.3 Nuveen AMT-Fr Mu CI NVG 13.21 12.14 -8.1 6.0 Wildermuth:I 12.94 NA NA -3.0 Alternative Credit Inc:W NA NA NA 6.8
Adams Diversified Eq Inc ADX 17.38 14.54 -16.3 -19.8 Dividend and Income DNI 16.56 11.09 -33.0 -19.0 DELAWAREIVYHIGHINCOPP IVH NA 10.96 NA 7.9 Nuveen Dyn Muni Opp NDMO 10.82 9.94 -8.1 8.5 Income & Preferred Stock Funds Angel Oak Str Crdt:FI 20.11 NA NA NS
Central Secs CET 40.48 33.39 -17.5 -19.8 FirstTrIntDurPref&Inc FPF 18.82 16.87 -10.4 -25.8 DoubleLine Inc Sol DSL 11.88 11.09 -6.6 14.5 Nuveen Int Dur Mun Term NID 13.22 13.12 -0.8 4.2 Alpha Alternative Assets 6.45 NA NA -18.6 Angel Oak Str Crdt:Inst 20.11 NA NA 14.5
CohenStrsCEOppFd FOF 10.62 10.45 -1.6 -22.5 JHanPrefInc HPI 15.47 16.05 +3.7 -15.6 DoubleLine Yld Opps DLY 15.05 13.12 -12.8 9.96 Nuveen Mu Crdt Opps NMCO 11.75 10.99 -6.5 6.1 8.50 NA NA 6.7
Calamos L/S Eqty and DI CPZ 17.59 15.19 -13.6 -6.8 BR Credit Strat;A
EVTxAdvDivIncm EVT NA 22.80 NA -17.2 JHPrefIncII HPF 15.47 15.68 +1.4 -18.2 First Tr Hi Inc Lng/Shrt FSD 12.56 11.45 -8.8 10.7 Nuv Muni Credit Income NZF 13.16 12.08 -8.2 5.8 BR Credit Strat;Inst 8.48 NA NA 7.6
Flat Rock Opportunity 18.75 NA NA -2.1
GabelliDiv&IncTr GDV NA 20.61 NA -18.9 HnckJPfdInco III HPS 13.91 14.43 +3.7 -16.2 First Trust HY Opp:2027 FTHY 15.49 13.48 -13.0 11.1 NuvMuniHiIncOpp NMZ 10.78 10.34 -4.1 6.6 BR Credit Strat;U 8.50 NA NA 6.7
Lord Abbett Spec Sit I:A 8.81 NA NA -7.2
Gabelli Equity Tr GAB NA 5.48 NA -14.5 J Han Prm PDT 12.87 12.94 +0.5 -15.7 Franklin Univ FT 7.67 6.73 -12.3 7.2 Nuveen Muni Val NUV 9.17 8.60 -6.2 3.8 Lord Abbett Spec Sit I:I 8.81 NA NA -5.2 BR Credit Strat;W 8.50 NA NA 6.7
GeneralAmer GAM 43.46 36.15 -16.8 -14.9 LMP CapInco SCD NA 12.04 NA -13.9 KKR Income Opportunities KIO NA 11.01 NA 10.8 Nuveen Quality Muni Inc NAD 12.76 11.80 -7.5 5.6 Variant Altrntv Inc:Inst 28.59 NA NA 8.7 BlackRock Mlt-Sctr Oppty 66.68 NA NA 9.4
JHancockTaxAdvDiv HTD 23.36 22.86 -2.1 -6.2 Nuveen Multi-Asset Inc NMAI 13.41 11.49 -14.3 -26.1 Nuveen Global High Inc JGH 12.79 11.25 -12.0 11.3 Nuveen Sel TF NXP 14.29 13.91 -2.7 4.0 Variant Impact;Instl 26.54 NA NA 12.5 BlackRock Mlt-Sec Opp II 69.64 NA NA 8.9
Liberty All-Star Equity USA 5.90 5.70 -3.4 -24.7 Nuveen Pref & Inc Opp JPC 7.86 7.28 -7.4 -19.1 PGIM Global High Yield GHY 12.44 10.84 -12.9 11.1 PIMCO MuniInc PMF 9.51 10.43 +9.7 6.0 Convertible Sec's. Funds CION Ares Dvsfd Crdt;A NA NA NA 5.8
Liberty All-Star Growth ASG 5.23 4.93 -5.7 -40.6 Nuveen Fd JPS 7.71 6.80 -11.8 -24.7 PGIM High Yield Bond ISD 13.47 11.87 -11.9 9.8 PIMCOMuniIncII PML 8.76 9.04 +3.2 7.4 Calmos Dyn Conv and Inc CCD 19.50 20.49 +5.1 -28.5 CION Ares Dvsfd Crdt;C NA NA NA 5.8
Royce Micro-Cap Tr RMT 9.77 8.68 -11.2 -16.8 Nuveen Pref & Inc Term JPI 19.51 18.58 -4.8 -22.5 PGIM Sh Dur Hi Yld Opp SDHY 16.72 14.69 -12.1 8.4 Pimco Muni III PMX 8.02 8.71 +8.6 5.9 World Equity Funds CION Ares Dvsfd Crdt;I NA NA NA 5.9
Royce Value Trust RVT 14.61 13.26 -9.2 -26.2 Nuveen Var Rate P&I NPFD 19.41 17.56 -9.5 -25.2 PioneerHilncm PHT 7.52 6.50 -13.6 10.6 PioneerHilncAdv MAV 9.11 8.10 -11.1 5.9 ACAP Strategic:A 14.11 NA NA -38.8 CION Ares Dvsfd Crdt;L NA NA NA 5.9
Source Capital SOR 40.27 38.66 -4.0 -5.2 TCW Strat Income TSI NA 4.62 NA -14.3 WstAstHIF II HIX NA 4.84 NA 11.2 PionrMuniHiIncOppty MIO 12.28 10.65 -13.3 6.2 ACAP Strategic:W 10.50 NA NA -38.3 CION Ares Dvsfd Crdt;U NA NA NA 5.7
Sprott Focus Trust FUND 8.49 7.97 -6.1 -1.1 Convertible Sec's. Funds Western Asset Hi Inc Opp HIO NA 3.95 NA 8.8 PioneerMunHiIcm MHI 9.83 8.58 -12.7 5.5 CalamosGlbTotRet CGO 9.68 8.83 -8.8 -29.7 CION Ares Dvsfd Crdt:U2 NA NA NA 5.7
SRH Total Return STEW 15.24 12.70 -16.7 -7.2 AdvntCnvrtbl&IncFd AVK 12.31 10.90 -11.5 -34.3 Western Asset Hi Yld D O HYI NA 12.48 NA 9.2 Cantor Fitzgerald SI:A 10.43 NA NA NS CION Ares Dvsfd Crdt;W NA NA NA 5.9
Putnam Mgd Inc PMM 6.38 6.28 -1.6 5.7
Tri-Continental TY 29.07 25.63 -11.8 -16.2 CalamosConvHi CHY 10.51 10.55 +0.4 -27.7 Other Domestic Taxable Bond Funds Primark Priv Eq Inv:I 10.98 NA NA -13.5 CNR Select Strategies 12.37 NA NA 0.0
Putnam Muni Opp PMO 10.90 10.85 -0.5 5.6
Specialized Equity Funds CalmosConvOp CHI 9.96 10.51 +5.5 -22.9 Allspring Multi-Sector ERC 9.59 9.80 +2.2 10.6 Sweater Cashmere 20.10 NA NA NS First Eagle Crdt Opps A 23.44 NA NA 7.3
RiverNorth Flx Mu Inc II RFMZ NA 13.53 NA 8.0 First Eagle Crdt Opps A2 NA NA NA NS
abrdn Glb Prem Prop AWP 4.32 3.90 -9.7 -37.1 Ellsworth G&I Fund Ltd ECF NA 7.98 NA -31.6 Apollo Tactical Income AIF NA 12.12 NA 9.2 RiverNorth Mgd Dur Mun I RMM NA 14.40 NA 7.1 Thornburg Inc Bldr Opps TBLD.O 16.54 14.28 -13.7 -13.2
V Conv & Inc NCV 3.82 3.40 -11.0 -34.0 Ares Dynamic Crdt Alloc ARDC 13.39 11.59 -13.4 9.7 VirtusTotalRetFd ZTR NA 6.55 NA NA First Eagle Crdt Opps I NA NA NA 7.9
Adams Natural Resources PEO 25.85 21.80 -15.7 41.8 Western Asset Mgd Muni MMU NA 10.07 NA 4.4
V Conv & Inc II NCZ 3.39 2.88 -15.0 -35.9 BlackRock Mlt-Sctr Inc BIT 14.73 14.21 -3.5 9.96 First Trust Private Cr;I 9.82 NA NA NS
ASA Gold & Prec Met Ltd ASA 17.30 14.31 -17.3 -32.0 Single State Muni Bond Prem12 Mo
V Div Inc & Conv ACV 19.87 18.56 -6.6 -35.9 BlackRock Tax Muni Bd BBN 17.43 16.84 -3.4 7.8 Fund (SYM) NAV Close /Disc Yld Franklin BSP Pvt Cr:A NA NA NA NS
BR Enh C&I CII 17.57 17.12 -2.6 -13.1 BlackRock CA Mun BFZ 12.70 10.83 -14.7 4.5 Franklin BSP Pvt Cr:Adv NA NA NA NS
BlackRock Energy & Res BGR 14.16 12.53 -11.5 38.9 V Eqty & Conv Inc NIE 21.11 18.23 -13.6 -26.7 DoubleLine:Oppor Crdt Fd DBL 14.57 14.85 +1.9 9.3 U.S. Mortgage Bond Funds
BR MH CA Qly Fd Inc MUC 12.44 10.74 -13.7 5.7 FS Credit Income;A NA NA NA 6.1
BlackRock Eq Enh Div BDJ 8.76 9.01 +2.9 0.7 World Equity Funds EVLmtDurIncm EVV NA 9.39 NA 11.5 BR MH NJ Qly MUJ 12.69 11.07 -12.8 6.1 Arca US Treasury NA NA NA 0.0
abrdn Emg Mkts Eq Inc AEF 5.78 5.15 -10.9 -29.6
FS Credit Income;I NA NA NA 6.3
BlackRock Enh Glbl Div BOE 11.04 9.56 -13.4 -15.4 Franklin Ltd Dur Income FTF 7.06 6.21 -12.0 12.2 BR MH NY Qly MHN 11.71 10.27 -12.3 5.5 Ellington Inc Opp:A NA NA NA 8.8 FS Credit Income;T NA NA NA 5.8
BlackRock Enh Intl Div BGY 5.82 5.02 -13.7 -13.6 abrdn Tot Dyn Div AOD 9.08 7.80 -14.1 -17.1 J Han Investors JHI 13.37 12.54 -6.2 9.9 Ellington Inc Opp:M NA NA NA 9.6
BR MuniYld MI Qly MIY 12.68 11.09 -12.5 5.5 FS Credit Income;U NA NA NA 5.6
BlackRock ESG Cap Alloc ECAT 16.71 13.43 -19.6 -21.9 Allspring Gl Div Oppty EOD 4.54 4.37 -3.7 -17.4 MFS Charter MCR 6.74 6.15 -8.8 0.0 Loan Participation Funds
BR MuniYld NY Qly MYN 11.29 9.80 -13.2 5.3 FS Credit Income;U-2 NA NA NA 6.1
BlackRock Hlth Sci Tr II BMEZ 18.78 15.43 -17.8 -32.6 BlackRock Capital Alloc BCAT 16.91 13.87 -18.0 -22.6 NuvCorePlusImpact NPCT 12.27 10.36 -15.6 11.2 1WS Credit Income;A2 NA NA NA 6.8
BlackRock NY Mun BNY 11.60 10.07 -13.2 5.4 GL Beyond Income 0.43 NA NA NE
BlackRock Hlth Sciences BME 43.38 43.58 +0.5 -4.5 Calamos GloDynInc CHW 6.21 5.58 -10.1 -37.4 Nuveen Taxable Muni Inc NBB 16.27 15.96 -1.9 7.8 1WS Credit Income;Inst NA NA NA 6.8
EVCAMuniBd EVM NA 8.64 NA 4.9 KKR CREDIT OPPTY;D NA NA NA 10.2
BlackRock Innov and Grow BIGZ 8.84 6.81 -23.0 -47.7 EV TxAdvGlbDivInc ETG NA 15.10 NA -27.5 PIMCO Corp & Inc Oppty PTY NA 12.01 NA 10.8 AlphCntrc Prime Merid In 8.36 NA NA 11.8
InvCaValMuIncTr VCV 10.86 9.48 -12.7 5.2 KKR CREDIT OPPTY;I NA NA NA 9.3
BlackRock Res & Comm BCX 11.25 9.97 -11.4 12.8 EtnVncTxAdvOpp ETO NA 20.94 NA -29.8 PIMCO Corp & Inc Strat PCN NA 11.85 NA 10.6 Axonic Alternative Inc NA NA NA 12.5
InvPAValMuIncTr VPV 11.50 9.80 -14.8 5.4 KKR CREDIT OPPTY;T NA NA NA 8.4
BlackRock Sci&Tech T II BSTZ 19.55 15.64 -20.0 -55.3 FirstTr Dyn Euro Eq Inc FDEU 12.87 11.28 -12.4 -9.6 PIMCOHilnco PHK NA 4.73 NA 11.7 Blackstone FR EI D NA NA NA 6.9
InvTrInvGrNYMu VTN 11.57 10.10 -12.7 4.9 KKR CREDIT OPPTY;U NA NA NA 8.5
BlackRock Sci&Tech Trust BST 29.16 28.37 -2.7 Gabelli Multimedia GGT NA 5.35 NA -26.4 PIMCO IncmStrFd PFL NA 8.11 NA 11.5 Blackstone FR EI I NA NA NA 7.1
-38.2 Nuveen CA AMT-F Qual MI NKX 12.99 12.30 -5.3 5.2 Palmer Square Opp Inc 16.24 NA NA 6.9
GDL Fund GDL NA 7.84 NA -6.9 PIMCO IncmStrFd II PFN NA 7.07 NA 11.3 Blackstone FR EI T NA NA NA 6.6
BlackRock Utl Inf & Pwr BUI 22.51 20.77 -7.7 -16.7 9.21 8.45 -8.3 3.6 The Finite Solar Finance 9.83 NA NA NS
Highland Global Alloc HGLB 11.84 9.42 -20.4 14.6 Putnam Prem Inc PPT 3.96 3.63 -8.3 8.4
Nuveen CA Val NCA Blackstone FR EI T-I NA NA NA 6.6
CLEARBRIDGEENGYMDSOPP EMO NA 28.60 NA 40.1 NuveenCAQtyMuInc NAC 12.54 11.07 -11.7 5.4 Thrivent Church Ln&Inc:S 9.04 NA NA 3.3
Blackstone FR EI U NA NA NA 6.6
CLEARBRIDGEMLP&MDSTMTR CTR NA 28.27 NA 27.7 India Fund IFN 16.29 14.81 -9.1 -15.9 Western Asset Dvsfd Inc WDI NA 12.70 NA 10.5 World Income Funds
NuvNJ Qual Muni Inc NXJ 13.30 11.30 -15.0 5.3 Bluerock HI Inst Crd:A NA NA NA NS
ClearBridge MLP & Midstm CEM NA 33.36 NA 32.7 Japan Smaller Cap JOF 8.00 6.48 -19.0 -17.0 World Income Funds BlueBay Destra Itl E:A 22.05 NA NA 14.4
Nuveen NY AMT/Fr Qual MI NRK 11.70 10.26 -12.3 5.3 Bluerock HI Inst Crd:C NA NA NA NS
ChnStrInfr UTF 24.36 23.99 -1.5 -9.5 LazardGlbTotRetInc LGI 16.01 14.64 -8.6 -20.5 abrdn AP IncFd FAX 3.12 2.63 -15.7 12.6 Bluerock HI Inst Crd:F NA NA NA NS BlueBay Destra Itl E:I 22.06 NA NA 14.7
Nuveen NY Qual Muni Inc NAN 12.16 10.70 -12.0 5.2
Cohen&SteersQualInc RQI 12.26 11.50 -6.2 -31.0 Mexico MXF NA 14.74 NA -1.6 MS EmMktDomDebt EDD 5.12 4.40 -14.1 7.3 Bluerock HI Inst Crd:I NA NA NA NS BlueBay Destra Itl E:L 22.03 NA NA 14.2
Nuveen OH Qual Muni Inc NUO 14.40 12.69 -11.9 3.9 BlueBay Destra Itl E:T 21.95 NA NA 14.1
CohenStrs Real Est and I RLTY 15.55 13.48 -13.3 NS Miller/Howard High Inc E HIE 11.18 10.45 -6.5 7.2 PIMCO Access Income PAXS NA 14.79 NA NS BNYM Alcntr Glb MS Cr Fd 82.96 NA NA 9.1
Nuveen PA Qual Muni Inc NQP 13.13 11.13 -15.2 4.9 Carlyle Tact Pvt Cred:A NA NA NA 7.7
Cohen&Steers TotRet RFI 11.59 12.23 +5.5 -21.7 MS ChinaShrFd CAF 17.07 14.20 -16.8 -30.4 PIMCO Dynamic Income PDI NA 18.48 NA 13.3 CliffwaterClFd;I 10.43 NA NA 6.5
Nuveen VA Qlty Mun Inc NPV 12.06 11.16 -7.5 4.7 Carlyle Tact Pvt Cred:I NA NA NA 8.2
CohenStrsREITPrefInc RNP 20.10 20.38 +1.4 -19.5 MS India IIF 24.60 20.30 -17.5 -9.3 PIMCO Dynamic Inc Opp PDO NA 12.77 NA 12.4 CliffwaterElFd;A NA NA NA 7.5
MS CBRE Gl In Mg MEGI 16.59 13.65 -17.7 -23.2 PIMCO Stratg Inc RCS NA 4.94 NA 11.7
PIMCO CA PCQ NA 15.07 NA 4.8 Carlyle Tact Pvt Cred:L NA NA NA 7.7
Columbia Sel Prm Tech Gr STK 22.63 23.23 +2.7 -29.8 CNR Strategic Credit 7.50 NA NA 20.5
PIMCOCAMuniII PCK 6.53 6.79 +4.0 5.5 Carlyle Tact Pvt Cred:M NA NA NA 7.4

.
DNP Select Income DNP 8.96 11.25 +25.5 11.4 Templeton Dragon TDF 11.94 10.22 -14.4 -32.8 Templeton Em Inc TEI 5.72 5.49 -4.0 13.1 Eagle Point Instl Income NA NA NA NS
Duff&Ph Uti&Infra Inc Fd DPG 12.45 13.51 +8.5 3.9 Templeton Em Mkt EMF 12.59 11.42 -9.3 -21.5 Templtn Glbl Inc GIM 4.67 4.33 -7.3 9.4 52 wk Equalize Community Dev 9.28 NA NA 2.8 Carlyle Tact Pvt Cred:N NA NA NA 8.4

EtnVncEqtyInc EOI
EtnVncEqtyIncoII EOS NA 16.55 NA
EVRskMnDvsEqInc ETJ NA 7.50 NA
ETnVncTxMgdBuyWrtInc ETB NA 13.15 NA
EtnVncTxMgdBuyWrtOpp ETV NA 12.28 NA
EvTxMnDvsEqInc ETY NA 10.86 NA
EtnVncTxMgdGlbB ETW NA 7.76 NA
EVTxMnGblDvEqInc EXG NA 7.55 NA
Ecofin S&S Impact Term TEAF NA 12.85 NA
First Trust Energy Inc G FEN 15.31 14.19 -7.3
ly
WstAstEmergDebt EMD NA 9.11 NA 11.0 Prem Ttl FedProj&TrFinanceTendr NA NA NA 2.9 Carlyle Tact Pvt Cred:U NA NA NA NS
NA 14.93 NA -19.6 Prem12 Mo Fund (SYM) NAV Close /Disc Ret
Western Asset Gl Cr D Op GDO NA 12.77 NA 9.3 Flat Rock Core Income NA NA NA 6.8 Carlyle Tact Pvt Cred:Y NA NA NA 8.0
-26.3 Fund (SYM) NAV Close /Disc Yld
General Equity Funds InvDYCrOpp:A 11.20 NA NA 7.9 Lord Abbett Cred Opps Fd 8.79 NA NA 7.6
-22.3 U.S. Mortgage Bond Funds National Muni Bond Funds
Alternative Strategies:I 4.76 NA NA -25.9 InvDYCrOpp:R6 11.20 NA NA 8.2 Lord Abbett Cred Opps Fd 8.79 NA NA 8.4
-16.0 BlckRk Income BKT 13.16 12.34 -6.2 9.2 AllBerNatlMunInc AFB 12.08 10.48 -13.2 5.2
BOW RIVER CAPTL EVGN;II NA NA NA N InvDYCrOpp:Y 11.20 NA NA 8.2 Lord Abbett Crd Op:U 8.79 NA NA 7.6
-19.1 BlckRk Inv Q Mun BKN 12.82 11.66 -9.0 6.1
-21.0
-23.7
-22.1
-5.4
Investment Grade Bond Funds
Angel Oak FS Inc Trm FINS 14.54 12.81 -11.9 9.7
BlRck Core Bond BHK 10.95 10.38 -5.2 8.1
BR Credit Alloc Inc BTZ 11.22 10.10 -10.0 9.4
on
Invesco HI 2023 Tgt Term IHIT 8.44 8.04 -4.7 5.5
BlackRock Muni 2030 Tgt BTT 23.26 21.29 -8.5 3.4
BlackRock Muni BFK 11.24 10.06 -10.5 5.8
BlackRock Muni II BLE 11.64 10.33 -11.3 5.8
BlckRk Muni Inc Qly BYM 12.43 11.35 -8.7 5.6
Specialized Equity Funds
ArrowMark Financial Corp BANX NA 17.04 NA NA
CBRE GlbRlEst IGR 6.31 5.73 -9.2 -33.9
Clarion Partners REI D 12.37 NA NA 7.6
Clarion Partners REI I 12.38 NA NA 7.8
Invesco Sr Loan A
Invesco Sr Loan C
Invesco Sr Loan IB
Invesco Sr Loan IC
Invesco Sr Loan Y
5.78 NA NA 6.8
5.79 NA NA 6.0
5.77 NA NA 7.1
5.77 NA NA 6.9
5.78 NA NA 7.1
Oaktree Dvsfd Income;D 8.59 NA NA 3.6
PIMCO Flexible EM I;Inst NA NA NA NS
National Muni Bond Funds
Ecofin Tax-Adv Soc Impct 8.91 NA NA 4.9
Lind Cap Pt Mun Cred Inc 8.74 NA NA NS
11.2 J Han Income JHS 11.66 10.65 -8.7 6.2 BR MuniAssets Fd MUA 11.22 10.82 -3.6 5.1 Clarion Partners REI S 12.39 NA NA 6.9 Nuveen En HY Muni Bd:A1 7.10 NA NA 4.8
Monachil Credit Income:I 10.02 NA NA NS
us ,

First Tr Enhanced Eq FFA 16.69 15.76 -5.6 -20.1 MFS Intmdt MIN 3.01 2.76 -8.3 0.0 BR MH Qly 2 MUE 11.19 9.95 -11.1 5.8 Clarion Partners REI T 12.36 NA NA 6.9 OFS Credit Company OCCI NA 8.12 NA 21.3 Nuveen En HY Muni Bd:A2 7.11 NA NA NS
FirstTrEnergyInfra FIF 17.01 14.42 -15.2 12.1 Western Asset Inf-Lk Inc WIA NA 8.61 NA 22.0 BR MuniHoldngs MHD 13.19 12.14 -8.0 5.7 NA NA NA NS Nuveen En HY Muni Bd:I 7.10 NA NA 5.7
l

First Tr Real Assets;I Yieldstreet Prism NA NA NA 8.0

FirstTrMLPEner&Inc FEI 9.10 7.81 -14.2 16.1 Western Asset Inf-Lk O&I WIW NA 9.13 NA 14.5 BR MuniVest Fd MVF 7.68 7.01 -8.7 5.5 NexPointRlEstStrat;A 20.17 NA NA 1.0 High Yield Bond Funds PIMCO Flex Mun Inc;A-3 NA NA NA 2.7
e
al a

Gabelli Healthcare GRX NA 10.28 NA -19.9 Loan Participation Funds BR MuniVest 2 MVT 11.87 10.45 -12.0 5.7 NexPointRlEstStrat;C 20.40 NA NA 0.2 Apollo Diversified Cd:A NA NA NA 7.0 PIMCO Flex Mun Inc:A1 NA NA NA 3.0
Gab Utility GUT NA 7.51 NA 3.5 Apollo Senior Floating AFT NA 12.34 NA 8.3 BR MuniYield Fd MYD 11.74 10.41 -11.3 5.5 NexPointRlEstStrat;Z 20.41 NA NA 1.3 Apollo Diversified Cd:C NA NA NA 7.0 PIMCO Flex Mun Inc;A2 NA NA NA 3.0
GAMCOGlGold&NatRes GGN NA 3.63 NA 5.1 BR Debt Strategy DSU 10.43 9.20 -11.8 7.6 BR MuniYield Qlty MQY 12.86 11.60 -9.8 5.8 PIMCO Flexible REI;Inst 10.06 NA NA NS Apollo Diversified Cd:F NA NA NA 7.4 PIMCO Flex Mun Inc;Inst NA NA NA 3.5
ci on

J Han Finl Opptys BTO 32.81 33.31 +1.5 -23.1 BR F/R Inc Str FRA 12.79 11.26 -12.0 6.9 BR MuniYld Qlty2 MQT 11.40 10.22 -10.4 5.8 PREDEX;I 30.06 NA NA 7.1 Apollo Diversified Cd:I NA NA NA 7.0 Single State Muni Bond
Neuberger Brmn MLP & EI NML 8.09 6.66 -17.7 32.7 BlackRock Floatng Rt Inc BGT 12.41 10.94 -11.8 6.8 BR MuniYld Qly 3 MYI 12.19 11.21 -8.0 5.3 PREDEX;T 30.25 NA NA 6.9 Apollo Diversified Cd:L NA NA NA 6.9 PIMCO CA FMI;Inst NA NA NA NS
Neuberger Nxt Gen Conn NBXG 11.63 9.10 -21.8 -41.3 Blackstone Sr Fl Rt Tm BSL NA 12.43 NA 7.0 BNY Mellon Muni Bd Infra DMB 11.63 10.51 -9.6 5.5
NubrgrRlEstSec NRO 3.42 3.13 -8.5 -34.9 Blackstone Strat Cr BGB NA 10.58 NA 7.4 BNY Mellon Str Muni Bond DSM 6.49 5.78 -10.9 5.9
NuvDow30DynOverwrite DIAX 16.19 15.51 -4.2 -6.0 EtnVncFltRteInc EFT NA 11.09 NA 8.0 BNY Mellon Strat Muni LEO 6.76 6.11 -9.6 5.6
NuvCorEqAlpha JCE 12.04 13.54 +12.5 -12.8 EV SenFlRtTr EFR NA 10.94 NA 8.4 Del Inv Natl Muni Income VFL NA 10.37 NA 4.7 Borrowing Benchmarks | wsj.com/market-data/bonds/benchmarks
NuveenNasdaq100DynOv QQQX 19.61 20.43 +4.2 -27.1 FT/Sr Fltg Rte Inc 2 FCT 11.01 9.53 -13.4 8.5 DWS Muni Inc KTF 9.85 8.61 -12.6 4.7
er s

Money Rates January 2, 2023

Insider-Trading Spotlight Key annual interest rates paid to borrow or lend money in U.S. and international markets. Rates below are a
m er

Trading by ‘insiders’ of a corporation, such as a company’s CEO, vice president or director, potentially conveys guide to general levels but don’t always represent actual transactions.
new information about the prospects of a company. Insiders are required to report large trades to the SEC Week —52-WEEK— Week —52-WEEK—
International rates
within two business days. Here’s a look at the biggest individual trades by insiders, based on data received by Latest ago High Low Latest ago High Low
Refinitiv on December 30, and year-to-date stock performance of the company Week 52-Week Britain 3.50 3.50 3.50 0.25 Commercial paper (AA financial)
m rp

KEY: B: beneficial owner of more than 10% of a security class CB: chairman CEO: chief executive officer CFO: chief financial officer Latest ago High Low Australia 3.10 3.10 3.10 0.10
90 days 4.56 n.a. 4.71 0.13
CO: chief operating officer D: director DO: director and beneficial owner GC: general counsel H: officer, director and beneficial owner
I: indirect transaction filed through a trust, insider spouse, minor child or other O: officer OD: officer and director P: president UT: Prime rates Overnight repurchase
Libor
unknown VP: vice president Excludes pure options transactions U.S. 7.50 7.50 7.50 3.25 U.S. 4.36 4.30 4.36 0.01
Canada 6.45 6.45 6.45 2.45 One month 4.39157 4.38686 4.39157 0.10125
Japan 1.475 1.475 1.475 1.475
U.S. government rates
Three month 4.76729 4.72643 4.77857 0.20913
Biggest weekly individual trades Discount Six month 5.13886 5.15314 5.22529 0.33875
co Fo

Based on reports filed with regulators this past week Policy Rates
4.50 4.50 4.50 0.25 One year 5.48214 5.44386 5.66643 0.58313
Euro zone 2.50 2.50 2.50 0.00
No. of shrs in Price range ($) $ Value Switzerland 1.50 1.50 1.50 0.00
Date(s) Company Symbol Insider Title trans (000s) in transaction (000s) Close ($) Ytd (%) Federal funds Secured Overnight Financing Rate
Britain 3.50 3.50 3.50 0.25
Australia 3.10 3.10 3.10 0.10 Effective rate 4.3400 n.a. 4.3400 0.0800 4.30 4.30 4.32 0.04
Buyers High 4.6500 4.6000 4.6500 0.0900 Value 52-Week
Dec. 30, 2022 Low 4.3000 4.3000 4.3100 0.0500 Latest Traded High Low
Dec. 23 Terns Pharmaceuticals TERN H. Lu DI 759 7.25 5,500 10.18 44.0 Bid 4.3200 4.3200 4.3300 0.0600
Dec. 23 C. Gordon DOI 138 7.25 1,000 Inflation Offer 4.3400 4.3400 4.3700 0.0800 DTCC GCF Repo Index
Nov. index Chg From (%) Treasury 4.279 38.200 4.365 0.023
Dec. 21-22 America's Car-Mart CRMT A. Peterson BI 70 65.85-68.84 4,811 72.26 -29.4 level Oct. '22 Nov. '21 Treasury bill auction MBS 4.332 24.584 4.403 0.032
Dec. 28 A. Peterson BI 6 69.48 382 4 weeks 3.830 3.610 3.970 0.020
U.S. consumer price index 13 weeks 4.350 4.290 4.350 0.085 Notes on data:
Dec. 27-28 CrowdStrike Holdings CRWD R. Austin D 25 99.31-100.03 2,494 105.29 -48.6 All items 297.711 –0.10 7.1 26 weeks 4.600 4.550 4.630 0.210 U.S. prime rate is the base rate on corporate
Core 299.600 0.10 6.0
Dec. 21-22 HighPeak Energy HPK J. Hightower CEO 50 21.88-21.98 1,095 22.87 56.2 loans posted by at least 70% of the 10 largest
U.S. banks, and is effective December 15, 2022.
Secondary market
n-

Dec. 23 Membership Collective Group MCG R. Caring DO 200 3.60 720 3.74 -70.7 International rates Other prime rates aren’t directly comparable;
Dec. 21-22 R. Caring DO 110 3.58-3.68 398 Fannie Mae lending practices vary widely by location;
Week 52-Week Discount rate is effective December 15, 2022.
30-year mortgage yields
Dec. 23 Zscaler ZS W. Brown Andrew D 5 108.78 544 111.90 -65.2 Latest ago High Low Secured Overnight Financing Rate is as of
30 days 6.004 5.903 6.812 2.619 December 29, 2022. DTCC GCF Repo Index is
Dec. 28 Coinbase Global COIN T. Lutke DI 11 32.58 369 35.39 -86.0
no

Prime rates 60 days 6.031 5.918 6.988 2.667 Depository Trust & Clearing Corp.'s weighted
Dec. 22 Harrow Health HROW M. Baum CEO 25 13.39 335 14.76 70.8 U.S. 7.50 7.50 7.50 3.25 Other short-term rates average for overnight trades in applicable
Canada 6.45 6.45 6.45 2.45 CUSIPs. Value traded is in billions of U.S. dollars.
Dec. 21 M. Makary D 25 13.37 334 Federal-funds rates are Tullett Prebon rates as
Japan 1.475 1.475 1.475 1.475 Week 52-Week
Latest ago high low of 5:30 p.m. ET.
Dec. 27 Greif GEF.B L. Hilsheimer CFO 4 78.93 320 78.23 30.9
Policy Rates Sources: Federal Reserve; Bureau of Labor
Dec. 20-21 RE/MAX Holdings RMAX A. Peterson BI 16 18.62-18.98 307 18.64 -38.9 Euro zone 2.50 2.50 2.50 0.00 Call money Statistics; DTCC; FactSet;
Switzerland 1.50 1.50 1.50 0.00 6.25 6.25 6.25 2.00 Tullett Prebon Information, Ltd.
Dec. 27-28 CalAmp CAMP W. Cummins DI 65 3.95-4.00 259 4.48 -36.5
Dec. 22 GlycoMimetics GLYC E. Rock O 110 2.25 248 3.03 110.4
Dec. 22 Comstock Resources CRK J. Turner D 15 13.91 209 13.71 69.5
Cash Prices | wsj.com/market-data/commodities Monday, January 2, 2023
Dec. 22 Heska HSKA K. Wilson CEO 3 59.57-59.65 205 62.16 -65.9 These prices reflect buying and selling of a variety of actual or “physical” commodities in the marketplace—
separate from the futures price on an exchange, which reflects what the commodity might be worth in future
Sellers months.
Dec. 22-23 Verona Pharma VRNA R. Gupta DI 6,140 21.71-24.11 136,001 26.13 288.8 Monday Friday Friday
Dec. 23 Walmart WMT S. Walton DOI 350 142.97-143.50 50,159 141.79 -2.0 Maple Leaf-e 1947.45 Corn gluten meal,Midwest-u,w n.a.
Energy American Eagle-e 1947.45 Cottonseed meal-u,w n.a.
Dec. 23 A. Walton BI 350 142.97-143.50 50,159
Coal,C.Aplc.,12500Btu,1.2SO2-r,w 205.550 Mexican peso-e 2348.04 Hominy feed,Cent IL-u,w n.a.
Dec. 23 J. Walton BI 350 142.97-143.50 50,159 Coal,PwdrRvrBsn,8800Btu,0.8SO2-r,w 15.550 Austria crown-e 1787.01 Meat-bonemeal,50% pro Mnpls-u,w n.a.
Dec. 21-23 AutoNation AN E. Lampert B 297 103.26-106.95 31,081 107.30 -8.2 Austria phil-e 1911.05 Oats,No.2 milling,Mnpls-u 4.0225
Metals Silver, troy oz. Rice, Long Grain Milled, No. 2 AR-u,w n.a.
Dec. 27 Airbnb ABNB J. Gebbia DO 262* 82.95-84.37 21,922 85.50 -48.6 Engelhard industrial 24.0000 Sorghum,(Milo) No.2 Gulf-u n.a.
Gold, per troy oz
Dec. 21-22 Moderna MRNA S. Bancel CEO 90* 202.35-210.16 18,594 179.62 -29.3 Handy & Harman base 23.7460 SoybeanMeal,Cent IL,rail,ton48%-u,w n.a.
LBMA Gold Price AM *1812.35
Handy & Harman fabricated 29.6830 Soybeans,No.1 yllw IL-bp,u 15.0200
Dec. 23 Madrigal Pharmaceuticals MDGL R. Sukhija O 30 266.04-284.65 8,224 290.25 242.5 LBMA Gold Price PM *n.a.
LBMA spot price *£19.8400 Wheat,Spring14%-pro Mnpls-u 11.7875
Silver, troy oz. (U.S.$ equivalent) *23.8550 Wheat,No.2 soft red,St.Louis-u 7.7700
Dec. 21 Humana HUM D. Jones DI 15 501.72 7,526 512.19 10.4 LBMA spot price *£19.8900 Coins,wholesale $1,000 face-a 22074 Wheat - Hard - KC (USDA) $ per bu-u 9.4300
Dec. 27 Caterpillar CAT D. Johnson O 24 240.14 5,700 239.56 15.9 (U.S.$ equivalent) *23.9450 Wheat,No.1soft white,Portld,OR-u 8.6500
Other metals
Dec. 21 Allstate ALL S. Gupta OX 40 135.01-135.50 5,410 135.60 15.3
Other metals LBMA Platinum Price PM *1031.0
LBMA Platinum Price PM *n.a. Food
Platinum,Engelhard industrial 1085.0
Dec. 22-27 FirstCash Holdings FCFS D. Rippel DOI 60 88.03-88.10 5,298 86.91 16.2 Aluminum, LME, $ per metric ton *2360.5 Beef,carcass equiv. index
Palladium,Engelhard industrial 1820.0
Dec. 27 CrowdStrike Holdings CRWD G. Watzinger DI 50 101.06-101.80 5,054 105.29 -48.6 Aluminum, LME, $ per metric ton *2371.5 choice 1-3,600-900 lbs.-u 250.72
Fibers and Textiles select 1-3,600-900 lbs.-u 222.83
Copper,Comex spot 3.8055
Dec. 27 PENN Entertainment PENN J. Snowden CEO 163 30.12 4,924 29.70 -42.70 Cotlook 'A' Index-t *99.25 Broilers, National comp wtd. avg.-u,w 1.2172
Iron Ore, 62% Fe CFR China-s 117.4
Dec. 29 Retractable Technologies RVP B. Leonard BI 3,000 1.60 4,800 1.64 -76.3 Shredded Scrap, US Midwest-s,m n.a. Butter,AA Chicago-d 2.3800
Food Steel, HRC USA, FOB Midwest Mill-s 700 Cheddar cheese,bbl,Chicago-d 185.75
Dec. 21-23 Titan International TWI M. Taylor D 300 15.25-15.62 4,614 15.32 39.8 Cheddar cheese,blk,Chicago-d 213.50
Coffee,Brazilian,Comp-y 1.7097 Battery/EV metals
Dec. 21-22 Morningstar MORN J. Mansueto H 21 212.93-215.56 4,472 216.59 -36.7 Coffee,Colombian, NY-y 2.2533 BMI Lithium Carbonate, EXW China, =99.2%-v,w 76650
Milk,Nonfat dry,Chicago lb.-d 133.50
BMI Lithium Hydroxide, EXW China, =56.5% -v,w 78650
Coffee,Brazilian,Comp-y 1.7729
Dec. 22-23 United Therapeutics UTHR M. Rothblatt CEO 16 273.26-279.02 4,420 278.09 28.7 Coffee,Colombian, NY-y 2.3201
BMI Cobalt sulphate, EXW China, >20.5% -v,m 7488
* Half the transactions were indirect **Two day transaction
Friday, December 30, 2022 BMI Nickel Sulphate, EXW China, >22%-v,m 5688
Eggs,large white,Chicago-u 5.2950
BMIFlakeGraphite,FOBChina,-100Mesh,94-95%-v,m 813
Flour,hard winter KC-p 22.20
p - Pink Sheets Friday
Hams,17-20 lbs,Mid-US fob-u 0.84
Energy Fibers and Textiles Hogs,Iowa-So. Minnesota-u 80.80
Pork bellies,12-14 lb MidUS-u 1.3159
Buying and selling by sector Coal,C.Aplc.,12500Btu,1.2SO2-r,w 205.550 Burlap,10-oz,40-inch NY yd-n,w 0.7275 Pork loins,13-19 lb MidUS-u 1.1284
Based on actual transaction dates in reports received this past week Coal,PwdrRvrBsn,8800Btu,0.8SO2-r,w 15.550 Cotton,1 1/16 std lw-mdMphs-u 0.8437 Steers,Tex.-Okla. Choice-u 157.00
Cotlook 'A' Index-t *99.80 Steers,feeder,Okla. City-u,w n.a.
Metals Hides,hvy native steers piece fob-u n.a.
Sector Buying Selling Sector Buying Selling
Gold, per troy oz Wool,64s,staple,Terr del-u,w n.a. Fats and Oils
Basic Industries 840,264 1,005,752 Finance 926,129 21,078,190 Engelhard industrial 1822.00 Degummed corn oil, crude wtd. avg.-u,w n.a.
Handy & Harman base 1812.35
Grains and Feeds Grease,choice white,Chicago-h n.a.
Capital Goods 137,204 18,814,251 Health care 8,532,564 47,223,256
Handy & Harman fabricated 2011.71 Barley,top-quality Mnpls-u n.a. Lard,Chicago-u n.a.
Consumer durables 0 6,482,069 Public Utilities 140,832 385,860 LBMA Gold Price AM *1805.40 Bran,wheat middlings, KC-u,w n.a. Soybean oil,crude;Centl IL-u,w n.a.
LBMA Gold Price PM *1813.75 Corn,No. 2 yellow,Cent IL-bp,u 6.6100 Tallow,bleach;Chicago-h n.a.
Consumer non-durables 0 1,614,345 Technology 4,369,623 48,635,769 Krugerrand,wholesale-e 1901.95 Corn gluten feed,Midwest-u,w n.a. Tallow,edible,Chicago-u n.a.
Consumer services 5,986,279 53,376,160 Transportation 0 761,800
Energy 1,435,250 4,676,599 KEY TO CODES: A=ask; B=bid; BP=country elevator bids to producers; C=corrected; D=CME; E=Manfra,Tordella & Brookes; H=American Commodities Brokerage Co;
K=bi-weekly; M=monthly; N=nominal; n.a.=not quoted or not available; P=Sosland Publishing; R=SNL Energy; S=Platts-TSI; T=Cotlook Limited; U=USDA; V=Benchmark
Mineral Intelligence; W=weekly; Y=International Coffee Organization; Z=not quoted. *Data as of 12/29
Sources: Refinitiv; Dow Jones Market Data Source: Dow Jones Market Data
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
THE WALL STREET JOURNAL.
U.S. Stocks Saw Nearly No Record Highs
The S&P 500 finished
2022 with just one
record close, the
lowest tally since 2012
BY CAITLIN MCCABE
Add this to the list of ways
that markets subverted Wall
Street expectations in 2022: It
was a year with almost no new
record highs for stock indexes.
Few analysts or investors
expected 2022 to bring a re-
peat of the mammoth gains
seen in 2021—when the S&P
500 notched 70 record-high
closes, the most in more than
two decades. But the scarcity
of milestones in 2022 was al-
most as stunning, traders say.
The S&P 500 wrapped up
2022 with only one record
close, the lowest total since
2012, according to Dow Jones
Market Data. The Dow Jones
Industrial Average closed the
year with two. And the tech-
nology-focused Nasdaq Com-
posite ended the year with no
Big Banks
Expect
Recession
Continued from page B1
relatively well during the 2022
rate increases—jobless claims
remain low, for example—econ-
omists said the cooling effects
of higher interest rates will fil-
ter through more noticeably in
2023. U.S. interest rates are well
below historical levels but are
the highest since 2008, ahead of
the financial crisis.
Of course, almost everyone
on Wall Street and in Washing-
ton got 2022 wrong—from the
Fed’s insistence that inflation
would be transitory to top Wall
Street analysts who projected a
banal year of growth for stock
and bond prices. The extent to
which investors, analysts and
economists were wrong-footed
left many looking at 2023 with
a sense of unease.
Still, economists and asset
Five institutions said
they expect the U.S.
to avoid recession in
2023 and 2024.
managers point to a number of
indicators that have tradition-
ally portended recessions:
Banks have tightened lending
standards, and demand has
weakened to near levels typi-
cally associated with recessions.
The Conference Board’s collec-
tion of leading economic indica-
tors has fallen for nine months
in a row, reaching levels that
have historically preceded re-
no
cessions. And gauges that track
overall business activity and the
services and manufacturing sec-
tors have fallen to some of the
lowest levels since the Covid-in-
duced 2020 recession.
Further, U.S. government
bonds maturing between three
months and two years hold
higher yields than bonds matur-
ing in 10, 20 or 30 years. This
so-called inverted yield curve is
a warning sign that has oc-
curred before every U.S. reces-
sion since World War II.
The excess savings that
Americans socked away at the
height of the pandemic have
dwindled to $1.2 trillion from
about $2.3 trillion, according to
GABBY JONES FOR THE WALL STREET JOURNAL
Walgreens Boots Alliance is expected to report per-share earnings of $1.12 on Thursday.
record closes to its name—the
first time that has happened
since 2014.
The lack of new record
highs came in a madcap year
that also saw notable declines
in assets such as bonds that
are usually considered safe,
and those that are usually not,
such as cryptocurrencies. The
sell-everything market left
many investors paralyzed
throughout much of the year.
After setting a new closing
high on Jan. 3, the first trad-
ing day of 2022, the S&P 500
proceeded to fall throughout
the rest of the year. The Dow
set back-to-back record closes
on the first two trading days
of the year, then followed the
S&P 500 down.
The S&P 500 lost 19% in
2022, its worst year since
2008, when U.S. banking stal-
warts such as Bear Stearns,
Lehman Brothers and Wacho-
via collapsed. The Dow and
Nasdaq also notched their
worst years since 2008.
An often-tracked metric in
financial markets, the number
data from the Fed. Deutsche
Bank analysts expect that to be
fully exhausted by October.
Consumer “demand is slow-
ing and we think it will slow
sharply as excess savings starts
to run out and consumers are
more stressed,” said Brett Ryan,
senior U.S. economist at
Deutsche Bank. Businesses also
will likely have to pull back on
capital expenditures, he said.
To be sure, a majority of the
economists who expect the U.S.
economy to contract predict it
will be a “shallow” or “mild”
recession. They expect the
onrule proposals that would
economy and U.S. equity mar-
us ,
kets to rebound late in 2023,
l
thanks largely to the Fed pivot-
e
al a
ing to rate cuts. They largely
expect bonds to deliver strong
returns in 2023, while stocks
ci on
finish the year up slightly.
Most outlooks predict the
Fed will raise interest rates in
the first quarter, pause in the
second and begin cutting rates
er s
in the third or fourth quarter.
They expect the Fed’s pivot
m er
to bring increased volatility to
the stock market but deliver
middling returns. The average
outlook targets have the S&P
500 about 5% higher than its
m rp
current level at the end of
2023. A few are calling for the
S&P to fall from its current
level by the end of 2023, in-
cluding Barclays and Société
co Fo
Générale SA.
“Equities look very rich,” said
Steven Abrahams, senior man-
aging director at Amherst Pier-
pont. “It’s an easy call to allo-
cate out of equities, into bonds.”
Just five of the 23 financial
institutions surveyed by the
Journal said they expect the
U.S. to avoid recession in 2023
and 2024: Credit Suisse
Group AG, Goldman Sachs
Group Inc., HSBC Holdings
n-
PLC, JPMorgan Chase & Co.
and Morgan Stanley.
“Several historically reliable
lead indicators are sending re-
cession signals, but in our view
these measures are unable to
correctly gauge recession risk in
the current environment,” Jer-
emy Schwartz, senior U.S. econ-
omist at Credit Suisse, wrote in
the bank’s 2023 outlook.
But even these relatively op-
timistic economists predict the
U.S. economy will grow much
more slowly than it has over the
past 20 years. They project
growth for the year will slow to
about 0.5%, on average. The
economy grew at an average
pace of 2.1% from 2012 to 2021.
Goldman has the rosiest
outlook for 2023, predicting
1% growth in U.S. gross do-
mestic product.
MARKETS
Number of closing records for U.S. indexes
200
175
150
125
100
75
50
25
0 will be impossible in the year
1990 ’95 2000
Source: Dow Jones Market Data
of records that stock indexes
hit is important mostly from a
psychological perspective. In
recent years, individual and
professional investors alike
cheered the rising tally as they
piled into markets, expecting
that, even on days when mar-
kets slid, another record
would be just around the cor-
ner. Conversely, 2022’s down-
Rules on Disclosure of Risks Related
To Climate Expected to Be Finalized
BY JENNIFER WILLIAMS-ALVAREZ
The International Sustain-
ability Standards Board this
year plans to complete two
cover companies’ disclosures
of climate-related risks to
their business and broaden the
sustainability standard-setter
organization’s focus to include
corporate reporting on biodi-
versity and other topics.
Launched in 2021, the stan-
dard-setter in recent months
received thousands of com-
ments from finance chiefs, ac-
ademics, audit firms and in-
vestors following the
proposals that were intro-
duced in March, Chair Emman-
uel Faber said.
The ISSB intends to move
fast to finish the two stan-
dards, with the effective date
Investors
Brace for
Turmoil
Continued from page B1
many grew accustomed after
the last financial crisis. The
era of ultralow bond yields,
mild inflation and accommo-
dative Fed policy has ended,
they say, likely recalibrating
the market’s winners and los-
ers for years to come.
“A number of investors
were trying to justify nose-
bleed valuation levels,” said
John Linehan, a portfolio man-
ager at T. Rowe Price. Now,
“leadership going forward is
going to be more diverse.”
The Fed is set to keep rais-
ing interest rates and has indi-
cated that it plans to keep
them elevated through the end
of 2023.
Many economists forecast a
recession ahead, while Wall
Street remains fixated on
whether inflation will recede
after repeatedly underestimat-
ing its staying power.
Mr. Linehan said he expects
the run in value stocks to con-
tinue and sees opportunities
in shares of financial compa-
nies, thanks to higher interest
Nasdaq Composite
Dow Jones
Industrial Average
S&P 500
’05 ’10 ’15 ’20
ward slog has given few inves-
tors the confidence to jump
back in with both feet, inves-
tors and strategists say.
“Day in and day out, when
you’re hearing about new re-
cords, it does have psychologi-
cal implications for how peo-
ple trade,” said Craig Erlam,
senior market analyst at
Oanda.
yet to be decided, he said.
“Climate is going to be fi-
nalized in the next few
months. And then quite natu-
rally, we’re now looking at
what’s next,” Mr. Faber said.
The International Financial
Reporting Standards Founda-
tion, an accounting standards
body based in London,
launched the ISSB to develop
sustainability reporting stan-
dards.
Jurisdictions of individual
nations can choose to adopt
the ISSB’s standards, which
would make them binding for
companies in those areas.
Companies can also volun-
tarily adopt the standards.
The two rules currently un-
der discussion aim to set a
baseline for disclosures as
companies around the world
grapple with varying frame-
rates. Others say energy
stocks’ stellar run isn’t over
just yet. Energy stocks within
the S&P 500 gained 59% last
year, their best stretch in his-
tory.
Some investors are posi-
tioning for bond yields to keep
rising, potentially dealing a
bigger blow to tech shares.
Those stocks are especially
vulnerable to higher rates be-
cause in many cases they are
expected to earn outsize prof-
its years down the road, a vul-
nerability in a world that val-
ues safe returns now.
The yield on the 10-year
Treasury note ended 2022 at
3.826%, the biggest one-year
increase in yields since at
least 1977, while bond prices
tumbled.
From risky corporate bonds
to safer municipal debt, yields
rose to some of their highest
levels of the past decade, giv-
ing investors more choices for
parking their cash.
“I don’t think this next de-
cade is going to be led by
technology,” said Mark Lus-
chini, chief investment strate-
gist at Janney Montgomery
Scott. “This one-size-fits-all
notion that you just buy a
broad technology index or the
Nasdaq-100 has changed.”
The tech-heavy Nasdaq-100
index lost 33% in 2022, under-
performing the broader S&P
500 by the widest margin
Droughts of record closes
can often last for years, his-
tory shows. In 2008, for exam-
ple, as the global financial cri-
sis roiled markets, all three
major U.S. indexes finished the
year with no record closes. It
took until 2013 for at least one
of the indexes to notch a re-
cord close again. After the
burst of the dot-com bubble in
2000, major U.S. indexes simi-
larly didn’t see records for
several years after that.
Still, that doesn’t necessar-
ily mean new index records
ahead.
Looking further back in his-
tory, neither the S&P 500 nor
the Dow or Nasdaq notched
records in 1988 following the
sharp Black Monday crash of
October 1987. But the indexes
roared back the following year,
scoring new closing records
along the way.
The 2023 market perfor-
mance will depend on the path
of interest rates and the
strength of the U.S. economy.
Many investors are split on
works, standards and regula-
tory disclosure requirements.
One of the rule proposals
would see companies disclose
significant climate-related
risks, such as floods and other
extreme weather events. The
other would require them to
share information on how they
manage, measure and moni-
tor certain sustainability
risks.
The proposals drew more
than 1,300 comments, includ-
ing from chief financial offi-
cers at companies such as
heavy machinery maker Cater-
pillar Inc., chip manufacturer
Intel Corp., clothing company
Levi Strauss & Co. and tele-
communications provider Ver-
izon Communications Inc.
Finance chiefs said they
wonder how the ISSB’s rules
would interact with a proposal
since 2002.
Investors yanked about $18
billion from mutual and ex-
change-traded funds tracking
tech through November, on
track for the biggest annual
outflows on record in Morn-
ingstar Direct data going back
to 1993. Funds tracking
growth stocks recorded $94
billion in outflows, the most
since 2016.
Meanwhile, investors have
taken to bargain-hunting in
the stock market, piling into
value funds. Such funds re-
corded more than $30 billion
$18B
Outflows from mutual, ETFs
tracking tech through November
of inflows, drawing money for
the second consecutive year.
“Profitability and free cash
flow are going to be very im-
portant” in the coming year,
said Tiffany Wade, senior
portfolio manager at Columbia
Threadneedle Investments.
Ms. Wade said she expects
the Fed to be more aggressive
than many investors currently
forecast, leading to another
rocky year. If the Fed puts a
pause on raising interest rates
THE TICKER |
MARKET EVENTS COMING THIS WEEK
Tuesday
Construction spending
Oct., prev. down 0.3%
Nov., exp. down 0.4%
Wednesday
ISM mfg. index
Nov., previous 49.0
Dec., expected 48.8
Mort. bankers indexes
Purch., previous n.a.
Refinan., previous n.a.
Thursday
EIA status report
Previous change in stocks in
millions of barrels
Crude oil up 0.7
Gasoline down 3.1
* FactSet Estimates earnings-per-share estimates don’t include extraordinary items (Losses in
parentheses) u Adjusted for stock split
Note: Forecasts are from Dow Jones weekly survey of economists
Tuesday, January 3, 2023 | B9
whether the U.S. will enter a
recession, how severe it might
be and whether it might
prompt the Federal Reserve to
begin cutting interest rates.
Strategists at JPMorgan
Chase & Co. expect the S&P
500 to retest 2022’s lows in
the first half of the new year,
saying that the Fed will keep
tightening as the economy
weakens.
But they think the latter
half of the year will be bet-
ter—at least for the markets.
Among the reasons, the strate-
gists said: The market selloff,
combined with slowing infla-
tion, rising unemployment and
declining corporate sentiment,
could prompt the Fed to start
signaling an interest-rate cut
and, in turn, spur a market re-
bound.
The JPMorgan strategists,
led by Marko Kolanovic and
Hussein Malik, expect the S&P
500 to end the year at 4200.
That is roughly 9% higher than
Friday’s close but still not
enough to notch a closing re-
cord.
.
from the U.S. Securities and
Exchange Commission, which
ly
would impose mandatory dis-
closure requirements on
greenhouse-gas emissions and
climate risks, and expressed
concerns that companies
would have to disclose confi-
dential information.
Levi’s, Verizon and Intel
didn’t respond to requests for
comment. Caterpillar declined
to comment. The SEC didn’t
respond to a request for com-
ment.
The ISSB is monitoring the
actions of the SEC as well as
that of others, Mr. Faber said,
pointing to a working group
with authorities from the U.S.,
China, Japan, the European
Union and the U.K., which is
meeting regularly.
“We are not standard-set-
ting in a vacuum,” he said.
over the next year, she thinks
growth stocks might see a
bounce.
Other investors are heeding
lessons from the years follow-
ing the bursting of the tech
bubble, when value stocks out-
performed their growth coun-
terparts.
Even after last year’s bruis-
ing declines, the technology
sector trades at a wide pre-
mium to the S&P 500. Stocks
in the energy, financial, mate-
rials and telecommunications
sectors still appear cheap
compared with the broader
benchmark, according to Be-
spoke Investment Group data
going back to 2010.
Plus, big technology compa-
nies face stiffer competition
and potentially tougher regu-
lation, a setup that may disap-
point investors who have de-
veloped lofty expectations for
the group.
Their run of impressive
sales growth will likely sputter
as well, Goldman Sachs ana-
lysts said in a recent note. Ag-
gregate sales growth for
megacap technology stocks is
forecast to have risen 8% in
2022, below the 13% growth
for the broader index.
“I just don’t think the prior
regime’s winners are going to
be tomorrow’s winners,” said
Eddie Perkin, chief investment
officer of Eaton Vance Equity.
“They’re still too expensive.”
Distillates up 0.3 Helen of Troy 2.61/3.72
Neogen (0.08)/0.10
EIA report: natural gas RPM International
Previous change in stocks in
billions of cubic feet 1.10/0.79
down 213 Walgreens Boots
Alliance 1.12/1.68
Initial jobless claims
Previous 225,000
Expected 225,000 Friday
Factory orders
Int’l trade deficit
Oct., previous up 1.0%
in billions
Nov., exp. down 1.0%
Oct., previous $78.16
Nov., expected $68.20
Nonfarm payrolls
Earnings expected Nov., previous 263,000
Estimate/Year Ago Dec., expected 180,000
Conagra Brands
0.66/0.64 Unemployment rate
Constellation Brands Nov., previous 3.7%
2.91/3.12 Dec., expected 3.7%
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

B10 | Tuesday, January 3, 2023 THE WALL STREET JOURNAL.

HEARD STREET ON
THE
FINANCIAL ANALYSIS & COMMENTARY

Global Trade Is Shifting, Not Reversing

Share of U.S. imports of
manufactured goods
by classified material*

Mexico is one country well-placed to take advantage of U.S.-China trade war
It is fashionable to talk of de-
globalization again. More likely is
a continuing reshuffling of trade
flows that creates new geopolitical
winners—if they are savvy enough
to take advantage.
Global trade took some big
knocks in 2022. Russia’s commod-
ity flows to Europe shrunk to a
trickle. Lockdowns in China con-
tinued to disrupt supply chains.
The Biden administration rolled
out huge subsidies for making
semiconductors and electric-vehi-
cle batteries in the U.S.—indus-
tries now dominated by Asia. At
the company level, following un-
rest in Zhengzhou, China, Apple
accelerated plans to diversify
iPhone manufacturing away from
the country.
Politicians like to trumpet na-
tional security and jobs back
home, but they aren’t easy to
achieve. Former President Donald
Trump unleashed a previous wave
of talk about deglobalization in
2018 with his tariffs on Chinese
products. So far, they have had the
effect of boosting U.S. imports
from Southeast Asian nations such
as Vietnam, Indonesia and Thai-
land at China’s expense, rather
than reducing imports overall.
Similarly, the Ukraine war has
redrawn the global energy map—
rerouting Russian energy exports
to China and India, and European
imports from the U.S. and Middle
East—without increasing Europe’s
self-sufficiency.
The region wants to change this
by building up renewables, but
this is a long-term plan that ironi-
cally is likely to boost imports of
nonenergy commodities such as
copper. Tellingly, wind-farm proj-
ects are currently held up by
snarled global supply chains as
well as local permitting bottle-
necks.
It makes sense that globaliza-
tion can’t easily shift into reverse.
The return of inflation has served
as a reminder that consumers
don’t easily accept the cost of
greater trade frictions. Subsidies
can make a difference in a few po-
litically sensitive sectors such as
microchips and batteries. But even
there, new trade routes will open
or existing ones will swell to re-
place those under threat. For ex-
ample, new U.S. battery plants will
need vast amounts of inputs from
mining hubs such as Australia,
Chile and Canada.
Another big winner in the U.S.-
China trade war could be Mexico.
It has lower wages than China, an
established manufacturing sector
anchored by the automotive indus-
try and the perfect geographic po-
sition for serving the U.S. mar-
ket—particularly since the rise of
videoconferencing, which has in-
creased the importance of being in
the same time zone.
Analysts at Bank of America al-
ready see some evidence that this
is happening, with U.S. imports of
20%
China
Mexican manufactured goods 15
roughly 60% higher than before
the pandemic as of October. Inter-
estingly, Mexico has gained share 10
of U.S. imports in some low-tech
industrial sectors such as plastics
5 Mexico
and textiles, while China has lost
share.
The rub is that countries look-
ing to replace China in supplying 0
the U.S. may need to invest a lot. 1997 2000 ’05 ’10 ’15 ’20
China’s rise wasn’t all about cheap
*Leather, plastic, wood, paper, textile, iron, steel and
labor. Bob Koopman, senior profes- glass items
sorial lecturer at American Univer- Sources: BofA Global Research; Haver; U.S. Census Bureau
sity and a former chief economist
at the World Trade Organization, Canada over its energy policy,
points out that modern infrastruc- which companies north of the bor-
ture was a big factor in drawing der think puts them at a disadvan-
global companies to use the coun- tage, highlights the risk that it
try as a manufacturing hub. fails to capitalize on today’s “near-
Local politics also will play a shoring” opportunity.
role. Chile’s new left-wing govern- Even the countries best-posi-
ment this summer proposed a dra- tioned to take advantage of today’s
matic increase in mining royalties potentially seismic changes in
before settling in October on a global trade will need to work at
more investment-friendly plan. it.
Mexico’s dispute with the U.S. and —Stephen Wilmot

Wealthy Could Get Worst 12-month moving average of

monthly median wage growth by
wage quartile

.
Of Looming Downturn 8%

ly
Lowest
2nd
3rd
6
Top
Economic downturns are usually
horrible for poor people, bad for
the middle class and an inconve-
nience for the rich. But if the econ-
on
ized monthly wage growth for
workers in the bottom quartile by
income was 7.4% as of November.
With the important caveat that
4

RICHARD B. LEVINE/ZUMA PRESS

omy enters a recession in 2023, or they were starting off from much
us ,

even if it manages to narrowly higher bases, percentage gains for

l

evade one, it might be the well- the rich have been more muted. 2
e
al a

heeled who take a bigger hit than Household net worth for the top
usual. fifth was 22% higher in the third
Call it the richcession. quarter than before the pandemic,
ci on

Other than a small number of as-
cetics, nobody likes being poor. Do-
ing without, living with so little
savings that setbacks such as illness
or job loss can be debilitating, is an
0
and was down 7.1% from the end of
2019 ’20 ’21 ’22
2021—a consequence of the falling
stock market. Paychecks haven’t Source: Federal Reserve Bank of Atlanta Businesses that cater to the well-off might be in for disappointment.
risen as much, either, with the At-
lanta Fed measure showing average come workers who are laid off is lower- and middle-income workers, of why even among those econo-
er s

ever-present source of stress. But annualized monthly wage growth that it should be relatively easier are still straining to hire employees. mists expecting a recession in the
for many poorer people, the years for workers in the top quartile was for them to find new work than it is In November, the leisure and hospi- coming year, many don’t think the
m er

since the Covid-19 crisis struck have
been a bit easier financially than
the years that preceded it. Several
rounds of government relief helped
them weather the early stages of
4.8%.
Recent layoffs also have inordi-
nately affected higher-income work-
ers. Many of the tech companies
that have made headlines with lay-
m rp
for poorer people who lose their
jobs. That is because the job skills
of the more highly educated are
generally more transferable than
the skills of other workers. But they
tality sector was 980,000 jobs short job market will take a severe hit.
of its February 2020 employment This makes poorer Americans bet-
level. Employment in healthcare ter positioned than usual to handle
and social assistance only recovered a weak economy. Not only are their
to its prepandemic levels in Sep- finances in relatively good condi-

the pandemic, and now a tight job
market is giving them wage gains
that are reducing inflation’s bite.
Federal Reserve figures show
that the net worth of households in
off announcements pay extremely
well. Securities filings show that
the median worker at Facebook par-
ent Meta Platforms made $295,785
in 2021, for example, while the av-
co Fo
will still be in for a period of belt
tightening, and they might not get
paid quite as well at their new jobs
as they were at their old ones.
Meanwhile, even though big-
tember. This is a job category that, tion, they might be less likely to ex-
in part because of the needs of an perience severe job losses.
aging population, grew even when Heading into the new year, busi-
overall U.S. unemployment shot nesses that cater to the well-off
higher after the 2008 financial cri- might be in for disappointment,

the bottom fifth by income was 42%
higher in the third quarter than at
the end of 2019, and up 17% from
the end of 2021. A wage tracker de-
veloped by the Federal Reserve
Bank of Atlanta shows that the 12-
month moving average of annual-
erage worker at Twitter made
$232,626. And layoffs at those
places where the typical worker is
less well paid, such as Ama-
zon.com, have largely been aimed
at white-collar workers.
The consolation for higher-in-
company layoffs have been making
headlines, so far they haven’t made
much of a dent in overall employ-
ment statistics. This is in part be-
cause industries that aren’t as well
represented in the stock market,
and that typically employ more
sis. To return to its growth trend while those that favor the hoi polloi
over the decade preceding the pan- over the hoity-toity might do better.
demic, it would need to add about And if there is a recession, the
1.1 million jobs. economy could be on much more
That need for workers—espe- equal footing as it begins to recover
cially as more Americans engage in than is usually the case.
services such as dining out—is part —Justin Lahart

MARKETS
n-

Rookie Traders Call It Quits, Loved Ones Are Relieved

BY RACHEL LOUISE ENSIGN
no

His mother found it unbear- ter out as it had for previous

able. Mrs. Major, who is 66 obsessions like photography
Some novices who took up and a juvenile probation offi- and videogames. The couple
trading during the pandemic cer in Phoenix, told her son to sang their daughter a song
are abandoning the hobby. knock it off. That inspired him about investing as a lullaby.
Their loved ones are breathing to give a presentation at an “It’s always nice to see him
a sigh of relief. October industry conference get excited about something,”
Spouses, parents and other titled “My Mother Hates Your said Ms. Lahoud, a doctoral
family members who were Project (and Mine!).” student. “But there were times
subjected to one too many A duly chastened Mr. Major I would get a little frustrated
play-by-plays of market move- has cut back the crypto talk on just because it was taking up
ments say they are happy to morning FaceTime calls with so much of his time and men-
have their loved ones back— his mother. After trying to tal space.”
MERIDITH KOHUT FOR THE WALL STREET JOURNAL

and equally glad they no lon-
ger have to hear about buzzy
stocks or cryptocurrencies.
The market swooned in
2022, taking the fun out of
day trading for many newbies.
The S&P 500, after surging
during the pandemic, just
wrapped up its worst year
since 2008. Bitcoin lost about
65% of its value throughout
the year.
Trading exploded into the
mainstream during the pan-
demic, when many Americans
were stuck at home, flush with
stimulus checks and eager to
pass the time. New apps made
it cheap and easy for newbies
to trade from the comfort of
their cellphone, and many
found a sense of community
on investing forums online. In
2021, rookie traders fueled a
run-up in meme stocks that
put hedge funds on their
heels.
Some amateur traders’ fam-
ilies now face the disappear-
ance of the life-changing sums
of money they held in their
portfolios at the height of the
run-up. The stakes are lower
for those who put a modest
amount into meme stocks or
crypto for fun.
Alan Garcia, shown with his wife, Adriana Rodriguez, no longer trades on the Webull app.
Alan Garcia started trading
on Webull Financial LLC early
in the pandemic, when his
work as a musician dried up.
Soon, Mr. Garcia was parked
at his desk each day from 8:30
a.m. to 3 p.m. to manage his
portfolio of about $2,000. He
bet heavily on companies like
ElectraMeccanica Vehicles
Corp., which makes an electric
car seating a single person;
ticker symbol, SOLO.
The obsession didn’t end
when he sat down in the living
room with his wife, Adriana
Rodriguez, each evening. For
about two years, he talked
about investing. Mr. Garcia, a
34-year-old Houston resident,
even started watching invest-
ing videos in bed at night.
“He was here,” Ms. Rodri-
guez said, “but he wasn’t
here.”
In early 2022, Mr. Garcia
lost everything in his portfolio
on a bad options bet, leaving
him in a foul mood. But the
next morning, he felt relieved.
After Ms. Rodriguez, a lawyer,
left for the office, he worked
on his music all day instead of
checking the market. He hasn’t
traded on the app since.
Ms. Rodriguez is thrilled.
Mr. Garcia agrees it is for the
best—mostly, anyway. “We’ve
never been this good in our
lives,” he said. “One day I’ll
get that $2,000 back though.”
Individual investors are
speak about crypto in a more
understandable way, he even
convinced his mom to buy
ether and leave it in a virtual
wallet using his company’s
app.
Mrs. Major’s ether is down
about 40% since she bought it
in summer 2021, and it is now
worth about $14,000 total. Mr.
Major, who is 36 and lives in
Los Angeles, said the value of
his crypto holdings is up over-
all because he started buying
in 2015 when prices were
broadly staying invested in much lower.
stocks, unlike previous down- Mrs. Major figures her son
turns when many dumped knows what he is talking
their holdings. But lots of one- about—even if it was in an an-
time day traders are finding noying way at first. “He’s very
they are now content to buy intelligent,” she said.
and hold rather than try to Marvin Lahoud went all in
time their investments. Aver- on investing when the pan-
age daily trading volume is demic hit, spending up to 10
down markedly at major bro- hours a day trading. Mr. La-
kerage firms that cater to re- houd, who works at a Boston
tail customers. construction-management
Vince Major took a job in company and moved to the
2021 as head of marketing at a U.S. from Lebanon in 2017,
cryptocurrency-wallet com- started wearing an earpiece to
pany, and soon he was subject- listen to CNBC while doing
ing his mother, Vikki Major, to chores.
his thoughts on various cryp- His wife, Suzie Lahoud,
tocurrency projects and how tried to embrace the investing
the sector could revolutionize subculture, too, though she
the financial system. thought his interest might pe-
In February 2021, Ms. La-
houd told her husband she
was pregnant with their sec-
ond child. His Robinhood Mar-
kets Inc. portfolio had just
reached nearly $1 million. He
posted to Reddit a screenshot
of his account and his family’s
news.
“I’m on track to retire early
and spend time with my kids,”
he said, earning 2,000 com-
ments. He was rich—on paper
at least.
By early 2022, Mr. Lahoud’s
investments started dropping
and he faced a massive tax bill
from gains he had taken in
2021. Mr. Lahoud gave up
trading.
Without investing to keep
him occupied, Mr. Lahoud said
he felt depressed for the first
time in his life. He threw him-
self into a new endeavor: re-
searching the year 536 AD,
which a Harvard professor
dubbed the worst in history.
That year, a volcanic eruption
plunged swaths of the world
into darkness, causing wide-
spread famine. Reading about
it made him feel better.
“My troubles are so small,”
Mr. Lahoud said, “and life is
too short.”
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

JOURNAL REPORT | MARKETS & FINANCE

YEAR-END REVIEW & OUTLOOK

© 2023 Dow Jones & Company. All Rights Reserved. THE WALL STREET JOURNAL. Tuesday, January 3, 2023 | R1

Big Tech Stocks Fall From Glory

Momentum shifted in

CLOCKWISE FROM LEFT: SCOTT OLSON/GETTY IMAGES; GABBY JONES/BLOOMBERG NEWS; NAM Y. HUH/ASSOCIATED PRESS; JEFFREY T. BARNES/ASSOCIATED PRESS
favor of defensive and
energy shares amid rising
rates, geopolitical strife

BY HANNAH MIAO

The year 2022 turned many of the

stock market’s former darlings into
duds.
For the better part of the previ-
ous decade, investors crowded into
shares of fast-growing technology
companies whose strong gains year
after year reinforced bets that they
had nowhere to go but up. Surging
TECHNOLOGY HEALTHCARE
prices for stocks such as Facebook
parent Meta Platforms Inc., Ama-
zon.com Inc., Apple Inc., Netflix
Inc. and Google owner Alphabet Inc.
propelled major indexes to dozens of
new highs.
The trade became so popular, it
earned its own acronym: FAANG.
The music stopped last year when
the Federal Reserve’s aggressive inter-
est-rate increases shifted the momen-
tum. Investors were forced to reassess
the pros and cons of holding the

.
shares of firms whose appeal centers

ly
on their potential for generating wind-
fall profits many years in the future.
“When money is basically
free…you’re willing to place a high
value on future earnings, particu-
larly of growth stocks,” said Erik
Knutzen, chief investment officer of
UTILITIES
on CONSUMER STAPLES
us ,

multi-asset strategies at Neuberger S&P 500 sector weighting at the end of each year S&P 500 ranking by market value, top 20 companies at the end of each year
Berman. “That all changes when
l

0% 5 10 15 20 25 2020 2021 2022

e
rates rise.”
al a

Meta plunged 64% in 2022; Net- Technology AAPL AAPL AAPL 1 Apple
flix declined 51%; the other three MSFT MSFT MSFT 2 Microsoft
ci on

stocks dropped at least 27%. To- Healthcare AMZN GOOG GOOG 3 Alphabet
gether, the FAANG stocks shed more GOOG AMZN AMZN 4 Amazon.com
than $3 trillion in market value, Financials META TSLA BRK 5 Berkshire Hathaway
helping drag the broader stock mar-
TSLA META UNH 6 UnitedHealth
ket down with them. The S&P 500 2022
er s

Consumer disc. BRK NVDA JNJ 7 Johnson & Johnson

sank 19%, its worst year since the 2021
2008 financial crisis. V BRK XOM 8 Exxon Mobil (28 in 2021)
m er

The reason big tech stocks re- Industrials

JNJ UNH V 9 Visa
ceive so much attention? The S&P WMT JPM JPM 10 JPMorgan Chase
500 is weighted by market value, so Communications
JPM V TSLA 11 Tesla
the largest companies in the index
m rp

MA JNJ WMT 12 Walmart

have the greatest sway over its di- Consumer staples
Please turn to page R2 PG HD LLY 13 Eli Lilly (24)
Energy UNH WMT NVDA 14 Nvidia
DIS PG PG 15 Procter & Gamble
The megacap tech companies were
Utilities NVDA BAC CVX 16 Chevron (38)
co Fo

the major factor in the S&P 500’s

HD MA MA 17 Mastercard
decline last year. Shares of utility,
consumer-staples and healthcare Materials PYPL PFE HD 18 Home Depot
companies—known as defensive BAC DIS META 19 Meta Platforms
stocks that tend to be steady no Real estate VZ AVGO PFE 20 Pfizer
matter the market conditions—
outperformed the broader index. Note: Meta Platforms changed its ticker from FB to META in June 2022 Sources: S&P Dow Jones Indices (weightings); FactSet (market value)

Threats of a Further Fed-funds rate forecast Bloomberg U.S. Aggregate

n-

for year-end 2024* bond index total return†

4.5% 30%

Rout Linger for Bonds 4.0 25

no

BY SAM GOLDFARB
The year 2022 marked a truly his-
toric bust for the U.S. bond market.
The question now is whether 2023
will produce any kind of meaningful
rebound.
Normally a safe investment, U.S.
bonds delivered losses over the past
12 months that far exceeded anything
investors have seen in their careers.
The Bloomberg U.S. Aggregate bond
index dropped 13%, easily outdoing its
previous worst year in data going
back to the 1970s, when it declined
2.9% in 1994.
Investors were forced to repeat-
edly lift their expectations for how
high the Federal Reserve would raise
short-term interest rates to combat
the worst inflation in decades. The
sharp drop in bond prices was in
many ways the dominant force in fi-
nancial markets, driving borrowing
costs higher and contributing to
double-digit losses for stocks.
Despite bonds’ 2022 drubbing and
the criticism that the Fed has come
under for being slow to act on infla-
tion, investors have, if anything, been
consistently more optimistic than the
central bank. That continues today,
with investors forecasting lower in-
terest rates than the Fed—a divide
that some analysts and traders say
poses a significant risk of extend-
ing last year’s rout.
“I think it’s the same dynamic
that’s played out the whole time,
which is just that the market thinks
that it is smarter than the Fed on
this,” said Thomas Simons, a money
market economist at Jefferies LLC,
which was one of the first Wall Street
firms to raise alarms in 2021 about
the threat of longer-lasting inflation.
The primary cause of investors’
most recent optimism is simple. In
early November, investors got their
best monthly inflation report in
more than a year, which was fol-
lowed up by an even better report
around four weeks later.
Although the headline consumer-
price index for November was still
up 7.1% from a year earlier, so-called
3.5 20
3.0 15
2.5 10
2.0 5
Fed forecast
1.5 0
Reflects median forecast of Fed officials
at meetings with economic projections
1.0 –5
Market forecast
Based on overnight index swaps
0.5 –10
0 –15
Jan. 2022 Dec. 1980 ’90 2000 ’10 ’20
*As of Dec. 27 †2022 data through Dec. 22
Sources: Chatham Financial (market forecast); Federal Reserve (Fed forecast); FactSet (return)
core prices—excluding volatile food tors and Fed officials have increasingly But Fed Chairman Jerome Powell
and energy categories—climbed only looked past those numbers since they has emphasized that, even in recent
0.2% from the previous month. reflect rents on both new and existing months, there has been only a modest
A major contributor to that slow- leases instead of just new leases, slowdown in price increases for core
down was a long-awaited decline in which have been declining recently. services outside of the housing.
the prices of core goods, such as “We’re seeing many signs of infla- That is an area of the economy
televisions and used cars, because of tion coming back down,” said Ryan seen as most sensitive to labor
increased supply of those products Detrick, chief market strategist at Car- costs, which have shown few signs
and waning demand. son Group, a financial advisory firm. of decelerating. It also makes up a
While the official measure of hous- “It sure looks like as quickly as it went large share of the Fed’s preferred in-
ing inflation remained elevated, inves- up, we could see it come back down.” Please turn to page R3

INSIDE
OIL
China GOLD Coming
Next Week
A global market
built on efficiency Stocks The precious
metal declined for
The Investing
Monthly report,
was partitioned An easing of Covid a second straight including data for
by sanctions after rules and a move to year but still mutual funds and
aid the property
Russia invaded market could end outperformed ETFs, will appear
Ukraine. R2 steep losses. R3 other assets. R14 on Monday, Jan. 9.
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

R2 | Tuesday, January 3, 2023 THE WALL STREET JOURNAL.

JOURNAL REPORT | YEAR-END REVIEW & OUTLOOK OF MARKETS & FINANCE

Russia’s Invasion of Ukraine Track the Markets: Winners and Losers

A look at how selected global stock indexes, bond ETFs, currencies
and commodities performed for the year.

Splintered World Oil Market

Index Currency, Commodity, Exchange-
vs. U.S. dollar traded in U.S.* traded fund

S&P 500 Energy 59.04%

Nymex ULSD 44.29
Orange juice 41.08
Western sanctions Nymex natural gas 19.97
upended Europe’s Corn 14.37
energy supply and Soybeans 14.34
ILLUSTRATION BY ALEXANDRA CITRIN-SAFADI/THE WALL STREET JOURNAL; PHOTOS:ISTOCK

the Kremlin’s revenue Bloomberg Commodity 13.75

IPSA (Chile) 13.06
BY DAVID UBERTI Uruguayan peso 11.86
AND JOE WALLACE Platinum 11.33
Nymex Rbob gasoline 10.37
The Kremlin’s invasion of Cattle 10.08
Ukraine splintered the global WSJ Dollar Index 7.82
energy market into countries Lean hogs 7.64
that buy Russian oil and those Nymex crude 6.71
that don’t. This year could Sugar 6.14
provide hints about how long
Brazilian real 5.42
the split will last.
Mexican peso 5.20
Through rolling boycotts,
Sao Paulo Bovespa 4.69
expanding sanctions and a
novel price cap that took ef- S&P BSE Sensex 4.44
fect last month, Western na- FTSE Straits Times 4.09
tions and some of their allies Cocoa 3.17
have begun turning away from Wheat 2.76
such imports, pushing Russian Comex silver 2.29
producers to find new buyers Russian ruble 1.41
for millions of barrels of oil FTSE 100 0.91
each day. Restrictions on die- Singapore dollar 0.63
sel and other fuels slated for The immediate upshot of 22% in December compared Middle East instead. Diesel Chilean peso 0.44
February could have an even the new tensions is a steep with the average for the first produced in the Middle East -0.15 Macanese pataca
greater impact. discount for Russian crude 11 months of 2022, according and India is already heading
-0.43 Comex Gold
The breakup, placing en- that Western governments to commodities-data firm to Europe to fill the gap ex-
-1.12 Kuwaiti dinar
ergy at the heart of an eco- are attempting to make per- Kpler, owing in part to harsh pected in February when the
-1.36 Dow Jones Utility Average
nomic conflict running in tan- manent through a price cap winter weather and weak de- restrictions take effect.
dem with the war, has driven of $60 a barrel and related mand from China. The tanker industry has to -1.38 Swiss franc
Western oil producers from restrictions on financing, A big question for the en- find spare capacity as it di- -1.44 S&P 500 Utilities

.
Russian projects and sent Eu- transporting and insuring ergy market in 2023 is vides into two. Low-profile -3.06 Czech koruna

ly
rope scrambling to find new shipments. Russia’s flagship whether Russia rebounds to companies have snapped up at -3.17 S&P 500 Consumer Staples
supplies from the Americas, crude, Urals, traded recently pump as much oil as it did be- least dozens of used tankers to -3.28 Vietnamese dong
Africa, the Middle East and at about $42 a barrel when fore the war, shorn of Western beef up a “shadow fleet” aimed -3.55 S&P 500 Health Care
Asia. It has also pushed the
Kremlin toward India, Turkey
and China for the energy reve-
nue it needs to fund its war
exported from the Baltic port
of Primorsk, according to the
price-reporting agency Argus
Media.
on
logistics and technology, or
whether its production capac-
ity degrades over time.
Rewiring the oil market has
at trading with sanctioned
countries including Iran, Vene-
zuela and increasingly Russia.
The cost of chartering ships
-4.02
-5.11
-5.43
Thai baht
iSh 1-3 Treasury
Malaysian ringgit
-5.45 S&P/ASX 200
us ,

machine and stabilize an econ- Benchmark Brent crude, in strained a shipping industry in the other part of the tanker
-5.56 IBEX 35
omy increasingly isolated from contrast, has lately fetched set up to ply more-efficient market, which deals with
l

-5.78 Romanian new leu

e
Western goods and services. around $80 a barrel in the routes. Ultimately, according Western oil companies, banks
al a

-5.79 South Korean won

Indian refiners in particular physical market. The Urals traders, that is likely to lead and insurers, has skyrocketed.
have vacuumed up barrels that discount, among other things, to higher gasoline and diesel At the same time, more ships -5.85 Danish krone
ci on

used to head to Europe. Still, reflects the high cost of prices in countries that rely are arriving late to their desti- -5.89 Euro area euro
the new sanctions are adding transporting crude from Rus- on imported oil. nations or taking longer to -5.90 Bulgarian lev
logistical challenges to Rus- sia’s Baltic ports on the week- Sanctions due to take effect discharge cargo. -6.00 Kazakhstani tenge
sian exports and have contrib- slong voyage to India—a jour- in February on Russian re- “That puts the whole oil -6.15 Croatian kuna
uted to a slowdown at certain ney on which many fined fuels including diesel supply chain under strain,” -6.19 Australian dollar
er s

ports in recent weeks, accord- established shipowners are will require another complex said Anthony Gurnee, chief ex- -6.36 South African rand
ing to some traders and ship- unwilling to embark. reordering, along different ecutive of Ardmore Shipping -6.74 Canadian dollar
m er

tracking analysts. The fast- The Russian market is so lines. India and China have no Corp., which operates a fleet -7.10 S&P 500 Industrials
changing trade routes have opaque that many traders say need for Russian diesel, which of more than two dozen tank- -7.15 New Zealand dollar
brought into focus how vari- they are unsure how much still arrives in Europe in huge ers from Ireland. -7.86 Chinese yuan
ous oil markets are emerging money producers are earning quantities. Traders and ana- Though energy ties be-
-8.02
m rp

Polish zloty
with different prices, separate for their oil. The country’s lysts say it will likely head to tween Russia and the West
-8.31 Icelandic krona
financial systems and increas- seaborne exports dropped by Latin America, Africa and the have frayed, they haven’t
-8.41 Philippine peso
ingly distinct fleets of tankers ended entirely. A dribble of
crisscrossing the globe. Seaborne crude oil exports from Russia by destination Moscow’s gas still arrives in -8.45 Indonesian rupiah
“Now the oil market has 4 million barrels a day Ukraine invasion Europe through Ukraine and -8.66 S&P/TSX Comp
co Fo

been partitioned,” said Daniel Turkey. The U.S., in addition, -8.78 Dow Jones Industrial Average
Yergin, an energy historian and has pushed Europe to ease -9.03 IPC All-Share
vice chairman of S&P Global. sanctions on oil so Russian -9.16 Tel Aviv 35
“What was a market that ran 3 producers are able to access -9.25 iShNatlMuniBd
primarily on economic effi- Other Western shipping and finan- -9.37 Nikkei 225
ciency is now being reshaped cial services—as long as the -9.50 CAC-40
by politics and conflict.” China oil trades below a certain level -9.54 New Taiwan dollar
The rift ends a decades- 2 and doesn’t head to the West. -9.95 Indian rupee
long era in which the Soviet Both sides have an interest
-10.21 Norwegian krone
Union and then Russia in keeping Russian energy
-10.57 U.K. pound
pumped vast energy re- India flowing. Moscow aims to
-11.81 Israeli shekel
sources into global markets, 1
maintain its most important
-12.21
n-

eventually becoming the industry while the West hopes Japanese yen
world’s largest exporter of to limit oil and fuel costs. -12.35 DAX
crude, petroleum products “We believe that stability in -12.35 S&P 500 Financials
Europe
and natural gas. Even during the market is what matters,” -12.90 Stoxx Europe 600
no

0
the height of tensions in the said John Kirby, a spokesman -13.04 Hungarian forint
2021 ’22
Cold War, the oil and gas kept for the White House National -13.27 Swedish krona
flowing. Source: Kpler Security Council. -13.31 FTSE MIB
-13.65 Amsterdam AEX
-14.01 VangdTotIntlBd
-14.06 S&P 500 Materials

Big Tech
-14.13 Bel-20
for the holder now. tech companies that had ap- Even after tech stocks’ draw-
-14.38 Euro Stoxx
Investors are reaching for in- peared immune to the eco- down last year, the sector still
-14.48 S&P MidCap 400
flation beneficiaries and safety nomic woes of the pandemic appears pricey compared with

Stocks Fall plays, the relative outperform-

ers in last year’s rocky market
have seen their revenue slow.
Companies such as Microsoft
the broader market. The stocks
in the S&P 500’s information
-14.58
-15.13
-15.23
Comex copper
Shanghai Composite

From Glory
conditions. The S&P 500 energy
sector rallied 59% in 2022 as
geopolitical strife sent oil prices
surging in the first quarter.
Continued from page R1 Shares of utility, consumer-sta-
rection. Even after last year’s ples and healthcare compa-
bruising declines, the five nies—known as defensive stocks
FAANG stocks have a 13% that tend to be steady no mat-
weighting in the index, down ter the market conditions—out-
from about 17% at the end of performed the broader index.
2021, according to S&P Dow “During the pandemic,
Jones Indices. technology stocks became the
Put another way, a basket of darlings and became over-
megacap-tech companies that
includes the FAANG stocks,
along with Microsoft Corp.,
valued,” said Gina Bolvin,
president of Bolvin Wealth
Management Group. In 2022,
Nvidia Corp. and Tesla Inc., “value came back in style.”
was responsible for more of the That rotation led to a re-
S&P 500’s 2022 declines than all shuffling of the stock market’s
the other components com- leaderboard. Tesla, for exam-
bined, according to a Bespoke ple, entered 2022 as the fifth-
Investment Group analysis. biggest company in the S&P
When interest rates were 500 and finished as the 11th
near zero, investors were largest. Meta was the sixth
more willing to pay up for going into the year and fell to
growth stocks and risky assets 19th. Exxon Mobil Corp.,
in their search for higher re- meanwhile, didn’t crack the
turns. But with the Fed raising top 25 at the start and ended
rates at the fastest pace since the year in eighth place.
the 1980s, the market environ- As consumers and busi-
ment has turned to favor in- nesses tighten their belts to
vestments that generate cash brace for a potential recession,
reported their worst quarterly technology sector are trading at VangdTotalBd
results in years. Amazon and roughly 20 times projected -15.38 iShiBoxx$HYCp
Meta announced mass layoffs. earnings over the next 12 -15.46 Hang Seng
“For tech and communica- months, according to FactSet. -16.67 Swiss Market Index
tion services, there was this Meanwhile, the broader index -16.71 iSh 7-10 Treasury
belief that those revenue has a multiple of about 17. -17.42 S&P SmallCap 600
streams were impervious to Still, the outsize market in- -17.62 iSh TIPS Bond
the ups and downs of the fluence of Big Tech is unlikely -18.73 Dow Jones Transportation Average
economy,” said Zach Hill, head to change soon, strategists and -19.44 S&P 500
of portfolio management at investors say, barring another
-20.44 iShiBoxx$InvGrdCp
few years of 2022-like perfor-
-21.56 Russell 2000
mances. That means the
-22.28 Pakistani rupee
broader indexes could remain
59%
S&P 500 energy-sector gain in
under pressure so long as
megacap tech struggles.
Eric Sterner, chief invest-
-22.40
-22.44
-24.89
-25.78
Taiwan Weighted
iShJPMUSEmgBd
Kospi Composite
2022 as oil prices surged ment officer of Apollon Wealth Ukrainian hryvnia
Management, said his firm -25.96 Cotton
trimmed its tech exposure in -26.01 Coffee
2022 and leaned on healthcare, -28.45 S&P 500 Real Estate
Horizon Investments. “Inves- utility and energy stocks. He -28.53 DJ Select REIT
tors have to reckon with that.” said he thinks tech could reign -28.73 Turkish lira
Mr. Hill said his firm was as the market’s leader again -28.91 S&P 500 Information Tech
overweight energy shares last when the Fed begins to cut in-
-32.82 iSh 20+ Treasury
year and favored value stocks, terest rates, which he predicts
-32.97 Nasdaq 100
those deemed by investors to will likely happen in 2024.
-33.10 Nasdaq Composite
be trading below a measure of “Once we set up for recov-
their worth. The firm contin- ery, I expect those tech com- -37.58 S&P 500 Consumer Discr
ues to have a preference for panies to reassume their lead- -40.42 S&P 500 Communications Services
value-oriented investments ership position because they -41.90 Argentine peso
and remains cautious on are the most innovative com- *Continuous front-month contracts
megacap tech stocks, he said. panies out there,” he said. Sources: FactSet (indexes, bond ETFs, commodities), Tullett Prebon (currencies)
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

THE WALL STREET JOURNAL. Tuesday, January 3, 2023 | R3

JOURNAL REPORT | YEAR-END REVIEW & OUTLOOK OF MARKETS & FINANCE

Forecast for China Stocks Improves

Reversal of zero-Covid listed Chinese companies, reducing
policy and a pivot to the risk of mass delistings from
American stock exchanges.
boost the housing sector Taken together, the changes all
could end bear market point to a brighter outlook for
China’s economy and stocks in 2023,
BY WEILUN SOON though market participants expect a
bumpy ride in coming months as
The clouds over Chinese stocks many cities deal with large numbers
are clearing after two years of steep of Covid infections that could cause
losses. more disruptions. So far, many phar-
The MSCI China Index, which macies are sold out of fever and cold
tracks Chinese companies listed in medicines and morgues are filling up
the U.S., Hong Kong and the main- in several major Chinese cities.
land, dropped 24% in 2022, after de- “They’ve turned a battleship very,
clining by a similar magnitude in very quickly,” said Michael Kelly,
2021. That caps one of the longest global head of multiasset at Pine-
periods of underperformance for Bridge Investments, referring to the
stocks from the world’s second-larg- Chinese government’s rapid reversal
est economy, which has been of its zero-Covid policy and the eas-
weighed down by its Covid-19 re- ing of regulations that squeezed
strictions, a real-estate downturn real-estate firms and penalized in-
and regulatory crackdowns in the ternet companies.
private sector. Given that much of the Chinese
In recent months, some formerly economic slowdown was self-in-
bearish investors and strategists have flicted, “what is nice about the
turned positive on Chinese stocks af- China recovery in 2023—it’s all
ter Beijing took several decisive moves within their control,” he said. The
to support its battered economy. World Bank estimates China’s real
The country, which spent much of GDP growth slowed to 2.7% in 2022
the last three years trying to pre- and it projects 4.3% growth in 2023
vent Covid from spreading within its as the economy reopens.
borders, is now rapidly unwinding Several global investment banks
its harsh pandemic-containment pol- and asset managers are forecasting
icies. Chinese authorities have also low double-digit returns for the MSCI
rolled out many measures to aid China Index in 2023. Morgan Stanley
property developers, whose financial strategists recently said they expect a
Market capitalization of selected companies companies and consumer businesses
that should experience an increase
Dec. 29, 2022: $408.3 billion in people’s discretionary spending.
Tencent
Dec. 31, 2021: $556.4 She is bullish on Chinese stocks and
309.8 expects a recovery in corporate
Kweichow
Moutai 404.1 earnings to lift valuations in 2023.
“The first quarter will be quite
232.5 challenging for the Chinese economy,”
Alibaba
323.2 she said, so investors are looking to-
211.0 ward the second half of 2023 for earn-
ICBC MSCI China Index’s annual return* ings growth.
244.8
45% Even though Covid is now spread-
146.8 ing widely across China, Beijing is
Meituan
177.4 30 unlikely to revert to lockdowns or
136.9 other severe restrictions on people’s
CATL 15
213.2 movements—which should help im-
0 prove consumption over time.
Ping An 119.2 “A return to the kind of suppres-
Insurance 138.8 –15
sion that we’ve seen in the past two
104.2 years, I think, is highly unlikely,”
Pinduoduo –30
73.7 said Vey-Sern Ling, a senior adviser
2010 ’12 ’14 ’16 ’18 ’20 ’22 for Asia technology stocks at Union
*2022 data is through Dec. 29 Sources: FactSet Bancaire Privée.
Mr. Ling has a neutral view on the
for Chinese markets because of mass Covid testing and stopped market, because of what he says are
China’s Covid restrictions, regula- counting asymptomatic cases. numerous longer-term concerns in-
tions and political developments. An added boost for Chinese equi- cluding the country’s ongoing ten-
Chinese stocks tumbled to multi- ties came in mid-December when sions with the U.S. and the fact that
year lows in late October after Presi- Chinese leaders pledged to focus on some multinational companies are
dent Xi Jinping secured a third term economic growth in 2023. trying to diversify their supply chains
as China’s leader and stacked the “The central government’s pro- away from China. He also remains
country’s top ranks with his loyal- growth stance…is very good for in- wary of future regulatory crackdowns
ists. Many international investors vestors,” said Ms. Keung. She added on companies that could sharply dam-
took that to mean that Beijing would that there could be more catalysts age their market valuations—like the
give priority to Communist Party for the market next spring, when private tutoring sector in 2021.
ideology over the country’s growth— policy makers gather in March to set Standard Chartered Bank recently
and that Covid lockdowns and regu- out growth targets and China’s pol- upgraded China equities to over-

.
troubles had spooked home buyers roughly 10% gain from the index’s cur- latory crackdowns would continue. icy agenda for the year ahead. weight for 2023. Raymond Cheng, its

and caused a deep slump in new rent level in its base-case scenario,
apartment sales. but noted that the benchmark could
Regulatory pressure on Chinese rally as much as 25%—or fall by an-
internet-platform companies—which
has hurt the growth prospects and
hammered the stock prices of Ali-
baba Group Holding Ltd., Tencent
other 28% if things take another turn
for the worse. They have similar pre-
dictions for Hong Kong’s Hang Seng
Index, which is heavily populated with
on
us ,
In November, Chinese citizens
took to the streets to protest the
central government’s pandemic re-
strictions. Stocks staged a strong re-
bound that month. Beijing laid out a
path to reopening and financial reg-
ulators separately instructed state-
China’s economy still faces many
challenges and a strong rebound
isn’t a given, even though consumer-
price inflation in the country is
much lower than in the U.S. and
other Western economies, largely
because of weak domestic demand.
ly
chief investment officer for North
Asia, said valuations for Chinese
stocks listed in Hong Kong and the
U.S. are already at subdued levels
and corporate profits should im-
prove as domestic consumption in
China recovers and the country re-

Holdings Ltd. and many others—has Chinese stocks. owned banks to supply ample credit That is likely to change as China turns to normal.
eased. And American accounting Helen Keung, a client portfolio to support the country’s housing gradually opens up. Victoria Mio, Fi- “The path forward for China will
l
e
regulators in December declared manager at Robeco, an international market. Soon after, local authorities delity International’s director of likely be bumpy, similar to the reopen-
al a

that China finally gave them full ac- asset-management firm, said 2022 lifted some restrictions on people’s Asian equities, said the beneficiaries ing paths experienced by many coun-
cess to the audit papers of U.S.- was a year of significant volatility mobility and the country scaled back include airlines, restaurants, travel tries over the recent past,” he added.
ci on

After Muni-Bond ‘Bloodbath,’ Hopes Are Muted Bondholders’

er s

Optimism
m er

BY HEATHER GILLERS

Exceeds Fed’s
ILLUSTRATION BY JOHNNY SIMON/THE WALL STREET JOURNAL; PHOTOS:ISTOCKPHOTO/GETTY IMAGES

State and local government bonds

m rp

are on track to post their worst

yearly performance since 1981, a
deep slump for an investment prized Continued from page R1
for safety and stability. flation gauge, the personal-con-
“This year was a bloodbath,” said sumption expenditures price index.
co Fo

Nicholos Venditti, a municipal bond That is where the potential conflict

fund portfolio manager with All- hinges. Investors, according to inter-
spring Global Investments. “It was a est-rate derivative prices, were bet-
bloodbath in munis the same way it ting at the end of December that the
was across all asset classes.” Fed’s benchmark federal-funds rate
Munis lost 8.5% through Dec. 29, will sit around 4.6% at the end of
according to Bloomberg index data, 2023—well below the Fed’s median
driving the total value of the market forecast of 5.1%. The divergence for
below $4 trillion for the first time the end of 2024 was even wider.
since 2014, as the Federal Reserve If the Fed doesn’t bear out those
pushed interest rates higher to fight forecasts and pivot soon to cutting
inflation. That isn’t as bad as the rates, some analysts and traders say,
n-

18% loss on the S&P 500 or the 12% both bonds and stocks could be in
drop on a Bloomberg Treasury index for another tough year, as bond in-
for the same period. But it is still a vestors will likely be forced to adopt
massive decline for municipal bonds, a view closer to the hawkish one
no

which are paid back by ultrareliable taken by the Fed. This could
revenues governments collect from mean more price declines in bonds,
taxes and fees. rising yields and deeper selling in
Investors fled munis in 2022 even 40% yield debt through mid-December nicipal credit could weaken in re- stocks, where some portfolio manag-
as public coffers swelled and money was 42% lower than the previous sponse to inflation and slowing tax ers warn that valuations remain
managers boasted of historic bar- 35 year, according to a Municipal Mar- collections. problematic in numerous sectors.
gains. Municipal-bond mutual funds ket Analytics analysis of Bloomberg One pain point is state and local
30 Total return on
lost money for 17 consecutive weeks data. Credit concerns were a key fac- pension funds, many of which al-
municipal bonds
through mid-December, according to tor driving the decrease, said man- ready have less cash on hand than
Refinitiv Lipper, bringing 2022’s to-
tal outflows to more than $90 bil-
lion, a 20-year record.
25

20
aging director Lisa Washburn.
Total municipal-bond issuance fell
22% through Dec. 21, according to
they will need to cover promised
benefits. Many will pay out higher
pension checks to keep pace with in-
4.6%
Investors’ estimate for federal-funds
As fund managers unloaded 15 Refinitiv data. Most of the decline flation. Most have been hard-hit by
rate at year-end vs. 5.1% Fed forecast
bonds, prices fell further, leading came from a more than 50% drop in stock-market losses. Those things
more investors to cash out. “It’s 10 refinancings as rates rose. will drive up the yearly amount
kind of a herd mentality,” said Cum- Past muni market slumps have states, cities and school districts
berland Advisors director of fixed 5 been followed by huge rebounds. must contribute to retirement funds.
income John Mousseau. Losses of 10% in 1981, also a year of For some investors, rising rates For bond investors, one source of
A Massachusetts general-obliga- 0 repeated Fed interest rate increases, and volatility are reviving interest hope in the new year is that the aver-
tion bond that matures in 2048 were followed by gains of more than in traditional buy-and-hold muni- age yield of bonds in the Bloomberg
traded in December at 80 cents on –5 40% in 1982. In 2013, declines bond strategies. While they have to index has climbed to 4.7% from 1.75%
the dollar, down from its February spurred by worries about potential be vigilant about triggering high at the start of 2022. That should make
issuance price of 101 cents. Prices –10 defaults and expectations that Fed tax rates on some bonds purchased it easier to eke out a positive return
fall as yields rise because the pros- 1980 ’90 2000 ’10 ’20 officials would begin dialing back below face value, investors have a even if bond prices continue to fall.
pect of forthcoming higher-yielding Note: 2022 data as of Dec. 29 easy-money policies were followed chance at yields that have been dif- Still, even bond investors who are
debt makes outstanding bonds with Source: Bloomberg index data from FactSet by returns of 9%, the highest in the ficult to find over the past decade. cautiously optimistic about 2023 say
lower coupons less valuable. past decade. Jason Cole, a certified financial they are prepared to react more
“To see solid credits trading at 70 ers saw a silver lining to the 2022 sell- Analysts are more sober about planner in Mt. Laurel, N.J., said he is quickly to bad news on inflation than
or 80 cents on the dollar—normally off: It brought a reset after years of 2023. Consider the math mapped out selling muni mutual and exchange- they were when entering 2022.
you would think it’s distressed,” said rock-bottom rates. Those had reduced by Mr. Venditti: If interest rates and traded fund shares on behalf of cli- Ed Al-Hussainy, a senior currency
Jon Barasch, director of municipal the benefit of munis’ tax advantages, government finances stay where ents and buying muni bonds out- and rates analyst at Columbia
evaluations at financial analytics com- while attracting risky borrowers to the they are today, muni-bond prices can right. That allows clients to harvest Threadneedle Investments, said his
pany ICE Data Services. “But it’s just generally ultrasafe market. be expected to remain steady and to- tax losses and then collect predict- team has positioned their portfolios
kind of the new world we’re in.” Interest on municipal bonds is tal returns for 2023 will be roughly able semiannual coupon payments at to benefit from falling yields, partic-
When the city of Chicago got up- exempt from federal and usually equivalent to muni yields. That historically high yields—rather than ularly on longer-term bonds.
graded to investment grade from state taxes, making a muni yield of would likely be somewhere around having to worry about possible fluc- He said longer-term bonds should
junk status in November by 5% equivalent to a yield on a tax- 3.5%, the yield on the S&P Municipal tuations in mutual-fund payouts. benefit more in 2023 when stock
Moody’s Investors Service, twelve- able bond of around 8% for a house- Bond Index through late December. “In a world of uncertainty and ex- prices fall than they did in 2022—
year bonds sold in December 2021 hold in the top tax bracket. Over the There are signs that rates could treme volatility in equity and fixed- especially if it looks like the U.S.
ticked up to 100 cents on the dol- past several years, investors eager rise further, however, and govern- income markets,” Mr. Cole said, “you economy is entering a recession.
lar, from 94 cents. But they re- for tax-exempt yield provided ready ment finances could deteriorate. know that every six months you’re Still, he said, his team is going to be
mained well below their issuance buyers for speculative projects that Fed officials’ statements point to going to get a predictable amount of focused on wages in early 2023 and
price of 126 cents. ran into trouble or defaulted. additional increases in 2023, if at a income that you can use for your will move rapidly if those keep ex-
Some analysts and money manag- In 2022, issuance of muni high- slower pace. At the same time, mu- family’s cash needs.” ceeding expectations.
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

R4 | Tuesday, January 3, 2023 THE WALL STREET JOURNAL.

JOURNAL REPORT | YEAR-END REVIEW & OUTLOOK OF MARKETS & FINANCE: MARKETS DIGEST
Top 10 Rankings How the 30 Dow Jones Industrials Performed Top 20 Global M&A Deals in 2022
Percentage change in the fourth quarter and full-year 2022 Ranked by deal value excluding net debt of the target company.
Global Mergers & Acquisitions Global Equity Capital Markets Date Value
4th-qtr Percent Chg 4th-qtr Percent Chg
Deals announced in 2022 Deals priced in 2022 Acquirer Target Announced $ billions
Company close 4th qtr 2022 close 4th qtr 2022
Value No. of Market Value No. of Market
Adviser $billions Deals Share% Bookrunner $billions Deals Share% Boeing 190.49 57.3 –5.4 Dow 50.39 14.7 –11.2 Microsoft Activision Blizzard Inc 18-Jan 75.1
Caterpillar 239.56 46.0 15.9 Home Depot 315.86 14.5 –23.9 Broadcom VMware Inc 26-May 61.4
Goldman Sachs 1,209.2 385 32.1 CITIC Securities 33.0 167 6.3
JPMorgan 916.0 360 24.4 Goldman Sachs 33.0 208 6.3 Nike 117.01 40.8 –29.8 McDonald's 263.53 14.2 –1.7 Housing Development Finance
HDFC Bank 4-Apr 60.8
Merck 110.95 28.8 44.8 Coca-Cola 63.61 13.5 7.4 Corp Ltd
Morgan Stanley 804.2 279 21.4 JPMorgan 26.0 223 5.0
Honeywell Int’l 214.30 28.3 2.8 American Express 147.75 9.5 –9.7 Private Investor (Elon R. Musk) Twitter Inc (91.24%) 14-Apr 41.3
BofA Securities 659.1 282 17.5 Morgan Stanley 23.4 190 4.5
JPMorgan Chase 134.10 28.3 –15.3 Walmart 141.79 9.3 –2.0 Amgen Horizon Therapeutics plc 12-Dec 27.8
Citi 633.2 201 16.8 ChinaInternationalCapital 23.2 125 4.4
Chevron 179.49 24.9 53.0 3M 119.92 8.5 –32.5 Blackstone Mileway BV 15-Feb 23.8
Barclays 455.9 202 12.1 BofA Securities 22.8 174 4.4
Travelers 187.49 22.4 19.9 Johnson & Johnson 176.65 8.1 3.3 Kroger Co Albertsons Companies Inc 14-Oct 20.1
Credit Suisse 314.3 134 8.4 Citi 22.3 157 4.3
Procter & Gamble 151.56 20.0 –7.3 UnitedHealth Group 530.18 5.0 5.6 Adobe Figma Inc 15-Sep 20.0
BNP Paribas 236.2 137 6.3 China Securities Co Ltd 20.2 95 3.9
Cisco Systems 47.64 19.1 –24.8 Verizon 39.40 3.8 –24.2 Johnson & Johnson ABIOMED Inc 1-Nov 19.3
Rothschild & Co 231.3 397 6.2 HuataiSecuritiesCoLtd 14.7 91 2.8
Walgreens 37.36 19.0 –28.4 Microsoft 239.82 3.0 –28.7 ProLogis Duke Realty Corp 10-May 19.1
Lazard 219.3 244 5.8 UBS 12.9 106 2.5
IBM 140.89 18.6 5.4 Intel 26.43 2.6 –48.7 Existing Shareholders Haleon plc (54.5%) 18-Jul 18.5
Global Debt Capital Markets Global Syndicated Loans Goldman Sachs 343.38 17.2 –10.2 Apple 129.93 -6.0 –26.8 Koninklijke DSM NV Firmenich International SA 31-May 18.1
Deals priced in 2022 Deals credited in 2022 Visa 207.76 16.9 –4.1 Salesforce.com 132.59 -7.8 –47.8 Philip Morris International Swedish Match AB 11-May 17.6
Value No. of Market Value No. of Market Amgen 262.64 16.5 16.7 Walt Disney 86.88 -7.9 –43.9 Existing Shareholders Constellation Energy Corp 2-Feb 17.3
Bookrunner $billions Deals Share% Bookrunner $billions Deals Share% Blackstone, Edizione SpA Atlantia SpA (66.9%) 14-Apr 13.8
Source: Dow Jones Market Data
JPMorgan 409.0 1,678 6.3 BofA Securities 471.5 1,420 11.6 Vista Equity Partners LLC,
Citrix Systems Inc 31-Jan 13.6
BofA Securities 358.7 1,372 5.5 JPMorgan 380.0 1,295 9.3 Evergreen Coast Capital
Citi 339.4 1,612 5.2 Wells Fargo Sec 280.5 988 6.9 Toronto-Dominion Bank First Horizon Corp 28-Feb 13.4
Morgan Stanley 258.2 1,470 4.0 Citi 258.0 638 6.3 Biggest Percentage Gainers… Intercontinental Exchange Black Knight Inc 4-May 13.2
Goldman Sachs 256.2 1,006 3.9 Mizuho 167.3 772 4.1 Blackstone, Abu Dhabi
Emerson Electric Co (Climate
2022 52-Week Investment Authority -ADIA, GIC 31-Oct 11.8
Barclays 244.7 1,101 3.8 MUFG 145.9 1,084 3.6 Company Symbol Close Net chg % chg Low Close(l) High Technologies business, 55%)
Pte
Deutsche Bank 205.2 904 3.2 Sumitomo Mitsui Fin 121.9 874 3.0 Berkshire Hathaway Alleghany Corp 21-Mar 11.5
KLX Energy Services KLXE 17.31 14.21 458.4 3.13 l 18.63
BNP Paribas 182.2 804 2.8 BNP Paribas 115.5 461 2.8
Ardmore Shipping ASC 14.41 11.03 326.3 3.09 l 16.32
HSBC 173.5 780 2.7 Barclays 103.1 395 2.5
Scorpio Tankers STNG 53.77 40.96 319.8 11.02 l 57.71 Top 20 Global IPOs Priced in 2022
Wells Fargo Sec 163.2 1,044 2.5 Bank of China 102.8 391 2.5 Ranked by proceeds raised, including over-allottment
Verona Pharma ADR VRNA 26.13 19.41 288.8 3.41 l 26.23
U.S. Mergers & Acquisitions U.S. Initial Public Offerings Torm TRMD 29.17 21.21 266.5 6.17 l 31.65 Offer Pricing Value
Issuer Exchange Currency Price Date $ millions
Deals announced in 2022 Deals priced in 2022 Tidewater TDW 36.85 26.14 244.1 10.70 l37.14
Value No. of Market Value No. of Market Madrigal Pharmaceuticals MDGL 290.25 205.51 242.5 52.33 l 315.45 LG Energy Solution Korea KRW300000.00 14-Jan 10,726
Adviser $billions Deals Share% Bookrunner $millions Deals Share% Dr. Ing. h.c.F. Porsche AG Frankfurt EUR 82.50 28-Sep 8,736
TransMedics Group TMDX 61.72 42.56 222.1 10.00 l 64.36
Goldman Sachs 742.4 230 41.2 Cantor Fitzgerald & Co 1,549 6 9.0 AVEO Pharmaceuticals AVEO 14.95 10.26 218.8 3.06 l 14.98 DEWA Dubai AED 2.48 6-Apr 6,077
528.5 195 29.3 1,326 7 7.7 l
Life Insurance Corp of India Bombay INR 949.00 12-May 2,718
JPMorgan Citi PBF Energy PBF 40.78 27.81 214.4 13.10 49.00
Borouge plc Abu Dhabi AED 2.45 31-May 2,005
Morgan Stanley 505.9 133 28.1 EF Hutton 1,308 21 7.6 MicSec US Big Oil 3X Lev NRGU 491.49 329.11 202.7 162.92 l 797.00 Americana Restaurants International PLCAbu Dhabi; Saudi AED 2.62 24-Nov 1,803
BofA Securities 341.7 157 18.9 Goldman Sachs 1,231 8 7.2 Vista Energy ADR VIST 15.66 10.33 193.8 5.17 l 16.24 Corebridge Financial NYSE USD 21.00 14-Sep 1,680
Citi 339.9 103 18.9 JPMorgan 863 8 5.0 Merrimack Pharm MACK 11.46 7.55 193.1 3.00 l 13.66 Shanghai United Imaging Healthcare Co STAR Market CNY 109.88 9-Aug 1,627
Barclays 329.2 122 18.3 Deutsche Bank 666 4 3.9 Rhythm Pharmaceuticals RYTM 29.12 19.14 191.8 3.04 l 30.98 Hygon Information Technology Co STAR Market CNY 36.00 2-Aug 1,598
Credit Suisse 193.1 57 10.7 BofA Securities 626 8 3.6 CONSOL Energy CEIX 65.00 42.29 186.2 19.11 l 79.17 Jinko Solar Co STAR Market CNY 5.00 14-Jan 1,574
Evercore Inc 164.1 138 9.1 Morgan Stanley 612 8 3.6 Nahdi Medical Co SaudiStockExchange SAR 131.00 10-Mar 1,362
Allen & Co LLC 159.5 12 8.8 Wells Fargo Sec 487 4 2.8 Saudi Aramco Base Oil Co - LuberefSaudiStockExchange SAR 99.00 11-Dec 1,321
Wells Fargo Sec 156.5 49 8.7 Maxim Group LLC 478 9 2.8
Biggest Percentage Losers CALB Co Hong Kong HKD 38.00 28-Sep 1,287
2022 52-Week
TPG Nasdaq USD 29.50 12-Jan 1,100
U.S. Investment-Grade Bonds U.S. High-Yield Bonds Company Symbol Close Net chg % chg Low Close(l) High Salik Co PJSC DubaiFinancialMarket AED 2.00 22-Sep 1,017
Deals priced in 2022 Deals priced in 2022 Mobileye Global Nasdaq USD 21.00 25-Oct 990

.
Quotient QTNT 0.38 –103.22 –99.6 0.18 l 104.20
Value No. of Market Value No. of Market PT GoTo Gojek Tokopedia Tbk Indonesia IDR 338.00 30-Mar 957
0.08 –10.87 –99.3 l

ly
Bookrunner $billions Deals Share% Bookrunner $billions Deals Share% Core Scientific CORZ 0.05 11.49 Thai Life Insurance pcl Thailand THB 16.00 11-Jul 954
Avaya Holdings AVYA 0.20 –19.60 –99.0 0.12 l 21.65 Hubei Wanrun New Energy Technology Co STAR Market CNY 299.88 16-Sep 912
BofA Securities 158.5 584 12.1 JPMorgan 10.7 66 10.3
Missfresh ADR MF 1.78 –148.52 –98.8 1.26 l 155.10 Suzhou Novosense Microelectronics Co STAR Market CNY 230.00 11-Apr 912
JPMorgan 153.5 640 11.7 Morgan Stanley 8.1 46 7.8
Lucira Health LHDX 0.11 –8.50 –98.7 0.11 l 9.30
Citi 125.2 697 9.6 Goldman Sachs 7.7 65 7.4
Goldman Sachs 103.5 383 7.9 Citi 7.6 on
58 7.4 Swvl Holdings SWVL 0.14 –9.76 –98.6 0.08 l 11.40 Top 20 Global Bonds Priced in 2022
Morgan Stanley 92.7 389 7.1 BofA Securities 7.5 76 7.2 Boxed BOXD 0.19 –13.51 –98.6 0.18 l 14.63 Ranked by face value, in U.S. dollars
Wells Fargo Sec 78.3 440 6.0 Barclays 5.4 50 5.2 Greenlane Holdings GNLN 0.29 –18.99 –98.5 0.27 l 21.00 Issuer Pricing Value
Issuer Deal Type Nation Currency Date $ millions
Barclays 62.2 210 4.8 Credit Suisse 4.6 37 4.5 Tricida TCDA 0.15 –9.41 –98.4 0.13 l 13.85
us ,

HSBC 49.1 113 3.7 Wells Fargo Sec 4.4 47 4.3 Greenidge Generation GREE 0.29 –15.76 –98.2 0.22 l 17.86 Magallanes Corp IG United States USD 9-Mar 30,000
40.8 309 3.1 4.0 32 3.9 European Union Supranational Luxembourg EUR 22-Mar 13,433
l

RBC Capital Markets Deutsche Bank Rubius Therapeutics RUBY 0.18 –9.51 –98.2 0.14 l 10.47
Amazon.com Corp IG United States USD 11-Apr 12,750
e
Credit Suisse 40.3 125 3.1 RBC Capital Markets 2.9 32 2.8 Embark Technology EMBK 3.29 –170.31 –98.1 2.02 l 180.00
al a

European Union Supranational Luxembourg EUR 13-Sep 12,145

Carvana Cl A CVNA 4.74 –227.05 –98.0 3.55 l 240.58
Goldman Sachs Group Corp IG United States USD 19-Jan 12,000
U.S. Core Leveraged Finance Global Investment Banking Arcimoto FUV 3.30 –152.30 –97.9 2.55 l 165.40
Revenue1 Revenue1 Spain Sovereign Spain EUR 11-Jan 11,330
ci on

Arrival ARVL 0.16 –7.26 –97.9 0.14 l 7.88 Commonwealth of Australia Sovereign Australia AUD 12-Apr 11,147
Fees paid in 2022 Fees paid for M&A, ECM, DCM and
European Union Supranational Luxembourg EUR 11-Oct 10,685
loans in 2022 Most Active Stocks Meta Platforms Corp IG United States USD 4-Aug 10,000
Revenue 2022 2021 Revenue 2022 2021 Most heavily traded issues in 2022; composite volume, in millions Bank of America Corp IG United States USD 19-Jul 10,000
Bank $millions MktShr%MktShr% Bank $millions MktShr%MktShr%
2022 52-Week
Agricultural Bank of China Corp IG China CNY 21-Sep 9,935
JPMorgan 632.9 12.6 12.3 JPMorgan 6,135.4 8.0 9.3 European Union Supranational Luxembourg EUR 11-May 9,496
er s

Company Symbol Volume Close Net chg % chg High Low

Barclays 383.2 7.6 6.4 Goldman Sachs 5,961.6 7.8 8.7 Commonwealth of Australia Sovereign Australia AUD 8-Nov 9,037
ProShares UltraPro QQQ TQQQ 42,433 17.30 –65.87 –79.2 85.95 16.10
BofA Securities 371.3 7.4 8.9 BofA Securities 4,525.8 5.9 6.2 UnitedHealth Group Corp IG United States USD 25-Oct 9,000
ProSh UltraPro Shrt QQQ SQQQ 28,762 54.01 24.31 81.9 69.55 28.60
m er

Goldman Sachs 345.6 6.9 7.4 Morgan Stanley 4,173.8 5.4 6.5 Bank of America Corp IG United States USD 1-Feb 9,000
Morgan Stanley 285.8 5.7 4.7 Citi 3,117.2 4.1 4.8 SPDR S&P 500 SPY 23,786 382.43 –92.53 –19.5 479.98 348.11 Agricultural Bank of China Corp IG China CNY 17-Jun 8,944
Credit Suisse 255.2 5.1 5.7 Barclays 2,428.5 3.2 3.6 Advanced Micro Devices AMD 22,946 64.77 –79.13 –55.0 152.42 54.57 China Construction Bank Corp IG China CNY 15-Jun 8,932
Citi 221.7 4.4 4.2 Credit Suisse 1,876.8 2.4 3.4 Apple AAPL 22,069 129.93 –47.64 –26.8 182.94 125.87 European Union Supranational Luxembourg EUR 15-Nov 8,775
Deutsche Bank 202.0 4.0 4.8 Jefferies LLC 1,689.1 2.2 2.7 Tesla TSLA 21,825 123.18 –229.08 –65.0 402.67 108.24 Bank of America Corp IG United States USD 21-Apr 8,750
m rp

RBC Capital Markets 190.6 3.8 4.0 Deutsche Bank 1,452.8 1.9 2.4 Amazon.com AMZN 19,099 84.00 –82.72 –49.6 171.40 81.69 Spain Sovereign Spain EUR 7-Jun 8,572
Jefferies LLC 185.6 3.7 4.0 RBC Capital Markets 1,431.1 1.9 1.8 Direxion Dly SCOND 3 BL SOXL 18,607 9.67 –58.34 –85.8 74.21 6.21 Source: Dealogic
1Dealogic Revenue analytics are employed where fees aren't disclosed. Source: Dealogic Ford Motor F 18,242 11.63 –9.14 –44.0 25.87 10.61
Invesco QQQ Trust I QQQ 17,100 266.28 –131.57 –33.1 402.28 254.26
NIO ADR NIO 15,169 9.75 –21.93 –69.2 33.80 8.38 Industry Groups
Who's No. 1?
co Fo

Finl Select Sector SPDR XLF 14,132 34.20 –4.85 –12.4 41.70 29.59 Best and worst-performing U.S. industry groups in the past year based
Top banks in Dealogic rankings across M&A, equity capital markets NVIDIA NVDA 13,635 146.14 –147.97 –50.3 307.11 108.13 on the DJ U.S. Total Stock Market Index family
(ECM), debt capital markets (DCM) and loans, in 2022 Carnival CCL 12,387 8.06 –12.06 –59.9 23.86 6.11
Best Performers Worst Performers
SoFi Technologies SOFI 12,192 4.61 –11.20 –70.8 16.47 4.24 % chg from % chg from
2022 Chg in share iSh MSCI Emerging Mkts EEM 11,806 37.90 –10.95 –22.4 50.89 33.49 Industry group last yr Industry group last yr
market from 2021
Product and Deal Type No.1 - Ranked Bank share (%) (pct. points)
Bank of America BAC 11,685 33.12 –11.37 –25.6 50.11 29.31
AT&T T 11,675 18.41 –0.17 –0.9 21.53 14.46 Coal 88.5 Automobiles –62.2
Investment Banking Itau Unibanco ADR ITUB 11,468 4.71 0.96 25.6 6.07 3.72 Integrated Oil & Gas 70.3 Tires –52.4
Global IB Revenue1 JPMorgan 8.0 -1.3 Snap SNAP 11,087 8.95 –38.08 –81.0 47.71 7.33 Oil Equipment & Services 61.3 Durable Household Products –49.9
Global M&A Revenue1 Goldman Sachs 11.7 1.2 Gainers and losers include common issues of $2 or more listed on NYSE, Nasdaq, NYSE American or Oil & Gas 55.1 Consumer Electronics –49.3
NYSE Arca at the beginning of the quarter.
Global ECM Revenue1 JPMorgan 5.8 -3.0 Exploration & Production 51.3 Internet –47.4
Global DCM Revenue1 JPMorgan 7.0 -1.4 Renewable Energy Equipment 46.2 Broadline Retailers –42.9
Global Loans Revenue1 JPMorgan 11.2 0.4 IPO Scorecard
n-

Defense 23.9 Electronic Office Equipment –42.7

Global M&A Goldman Sachs 32.1 2.1 Iron & Steel 20.4 Farming & Fishing –42.3
Best-performing U.S.-listed IPOs in 2022 ranked by % change in price
U.S. M&A Goldman Sachs 41.2 1.8 from offer to last trade of the year Pipelines 15.0 Alternative Fuels –42.0
Global M&A Boutique Evercore Inc 5.5 -1.6 $ Offer % Chg Pricing IPO Value Commercial Vehicles & Trucks 12.2 Broadcasting & Entertainment –41.7
Issuer Exchange price from offer Date $ millions
no

Equity Capital Markets Source: S&P Dow Jones Indices

Belite Bio Inc NASDAQ 6.00 403.0 Apr. 28 41
Global ECM CITIC Securities 6.3 3.3 Arcellx Inc NASDAQ 15.00 107.0 Feb. 3 142
Global IPOs CITIC Securities 8.6 6.4 Amylyx Pharmaceuticals Inc NASDAQ 19.00 94.0 Jan. 6 216 Country-by-Country Derby
Global All Follow-Ons Goldman Sachs 7.1 -3.5 Mobileye Global Inc NASDAQ 21.00 67.0 Oct. 25 990 2022 stock-market performance, based on the S&P Global BMI (Broad
Global Convertible Bonds Goldman Sachs 9.5 -2.8 Atour Lifestyle Holdings Ltd NASDAQ 11.00 65.0 Nov. 11 60 Market Index) in U.S.-dollar and local-currency terms ranked by U.S.-
U.S. ECM Goldman Sachs 12.7 0.1 Nuvectis Pharma Inc NASDAQ 5.00 50.0 Feb. 4 16
dollar performance
U.S. IPOs Cantor Fitzgerald & Co 9.0 3.8 Locafy Ltd NASDAQ 4.13 43.0 Mar. 25 6 Local Local
Country U.S. dollar currency Country U.S. dollar currency
U.S. Block Trades Goldman Sachs 23.7 0.1 ProFrac Holding Corp NASDAQ 18.00 40.0 May 12 328
U.S. Non-Block Follow-Ons JPMorgan 14.6 2.7 Credo Technology Group Holding Ltd NASDAQ 10.00 33.0 Jan. 26 230 Turkey 105.8% 189.9% Japan –17.6% –5.6%
U.S. Convertible Bonds Goldman Sachs 17.7 0.04 AMTD Digital Inc NYSE 7.80 29.0 July 15 144 Oman 19.1 19.1 Czech Republic –18.0 –15.0
Fixed Income Relativity Acquisition Corp NASDAQ 10.00 29.0 Feb. 10 144 Chile 15.4 15.4 Kazakhstan –19.1 –13.9
Western Acquisition Ventures Corp NASDAQ 10.00 18.0 Jan. 11 115 Jordan 11.6 11.8 Belgium –19.1 –13.8
Global DCM JPMorgan 6.3 -1.3 Bahrain 5.5 5.5 Italy –19.4 –14.1
Hainan Manaslu Acquisition Corp NASDAQ 10.00 15.0 Aug. 10 69
Global Investment-Grade Bonds BofA Securities 5.7 -0.4 PepGen Inc NASDAQ 12.00 11.0 May 5 123 Kuwait 4.0 5.4 Finland –19.5 –14.2
Global High-Yield Bonds JPMorgan 9.0 -1.0 Banyan Acquisition Corp NYSE 10.00 11.0 Jan. 19 242 Peru 3.6 3.3 Switzerland –19.8 –18.5
U.S. DCM JPMorgan 11.3 -1.0 Greece –0.8 5.7 Cyprus –20.0 –14.7
10X Capital Venture Acquisition Corp III NYSE 10.00 10.0 Jan. 11 300
U.S. Investment-Grade Bonds BofA Securities 12.1 0.1 Thailand –1.0 2.5 U.S. –20.7 –20.7
Prime Medicine Inc NASDAQ 17.00 9.0 Oct. 19 199
U.S. High-Yield Bonds JPMorgan 10.3 -0.6 Portugal –3.1 3.3 Egypt –22.3 19.9
Valuence Merger Corp I NASDAQ 10.00 8.0 Feb. 28 220
U.S. FIG Bonds BofA Securities 12.9 -0.4 Tunisia –3.1 5.2 Estonia –22.8 –17.7
Excelerate Energy Inc NYSE 24.00 4.0 Apr. 12 442
Global Loans BofA Securities 11.6 1.0 FutureTech II Acquisition Corp NASDAQ 10.00 2.0 Feb. 15 115 Mexico –3.5 –8.0 Iceland –23.3 –16.4
Global Investment-Grade Loans BofA Securities 11.1 0.5 Brazil –4.4 –9.1 China –23.6 –22.0
Global Leveraged Loans BofA Securities 11.5 1.6
Worst-performing U.S.-listed IPOs in 2022 ranked by % change in price
from offer to last trade of the year Bulgaria –5.0 1.3 Slovenia –23.9 –18.9
U.S. Loans BofA Securities 16.9 2.0 Mauritius –5.9 –6.0 New Zealand –24.9 –18.7
$ Offer % Chg Pricing IPO Value
U.S. Investment-Grade Loans BofA Securities 16.9 1.2 Issuer Exchange price from offer Date $ millions UAE –6.6 –6.7 Austria –25.1 –20.2
U.S. Leveraged Loans BofA Securities 17.8 3.5 Smart for Life Inc NASDAQ 10.00 -98.0 Feb. 16 14 South Africa –7.2 –1.0 Bangladesh –25.1 –10.4
U.S. Total Leveraged Finance BofA Securities 16.9 3.7 Akanda Corp NASDAQ 4.00 -96.0 Mar. 14 16 Indonesia –7.5 1.0 Germany –25.5 –20.6
U.S. Core Leveraged Finance JPMorgan 8.2 -0.9 Edible Garden AG Inc NASDAQ 5.00 -96.0 May 5 15 Denmark –8.0 –2.0 Kenya –26.7 –20.0
U.S. Core Leveraged Finance Revenue1 JPMorgan 12.6 0.2 Genius Group Ltd NYSE 6.00 -94.0 Apr. 11 23 India –8.8 1.5 Ireland –26.8 –22.0
1 Dealogic Revenue analytics are employed where fees are not disclosed Source: Dealogic Hillstream BioPharma Inc NASDAQ 4.00 -90.0 Jan. 11 15 Hong Kong –9.7 –9.6 Poland –27.1 –20.7
Visionary Education Tech. Holdings Group Inc NASDAQ 4.00 -90.0 May 16 17 Malaysia –10.9 –5.9 Netherlands –27.9 –23.1
Nano Labs Ltd NASDAQ 11.50 -90.0 July 12 20 Spain –11.0 –5.1 Israel –29.1 –22.4
Market Boxscores Wearable Devices Ltd NASDAQ 4.25 -90.0 Sept. 12 16 Qatar –11.3 –11.2 Morocco –30.0 –20.9
How the major indexes performed Bruush Oral Care Inc NASDAQ 4.16 -89.0 Aug. 3 17 Lithuania –11.5 –5.7 Luxembourg –30.4 –25.8
Close % chg from Actelis Networks Inc NASDAQ 4.00 -88.0 May 12 17 Croatia –12.7 –6.8 Argentina –30.4 20.0
Fourth-quarter performance 12/30/22 12/31/21
Lytus Technologies Holdings PTV LTD NASDAQ 4.75 -88.0 June 14 12 U.K. –13.0 –2.0 Taiwan –30.5 –22.8
Dow Jones Industrial Average 15.4% 33147.25 -8.8 Blue Water Vaccines Inc NASDAQ 9.00 -88.0 Feb. 17 20 Nigeria –13.4 –3.5 South Korea –31.4 –26.9
DJ U.S. Total Stock Market 6.7 38520.60 -20.8 Aclarion Inc NASDAQ 4.35 -87.0 Apr. 21 9 Australia –13.8 –7.6 Pakistan –32.0 –12.8
DJ World (excl. U.S.) 13.5 247.14 -18.8 Hempacco Co Inc NASDAQ 6.00 -86.0 Aug. 29 6 Norway –14.3 –4.6 Hungary –33.5 –23.0
NYSE Composite 12.7 15184.31 -11.5 Phoenix Motor Inc NASDAQ 7.50 -86.0 June 7 16 Canada –14.8 –8.6 Slovakia –34.3 –30.0
Value Line (Geometric) 9.1 536.35 -20.2 Virax Biolabs Group Ltd NASDAQ 5.00 -85.0 July 20 8 Singapore –15.1 –15.4 Sweden –35.1 –25.6
S&P 500 7.1 3839.50 -19.4 Jianzhi Education Technology Group NASDAQ 5.00 -85.0 Aug. 25 25 France –15.7 –10.2 Vietnam –46.1 –44.2
Russell 2000 5.8 1761.25 -21.6 Reborn Coffee Inc NASDAQ 5.00 -84.0 Aug. 11 7 Philippines –16.0 –8.2 Ukraine –58.3 –43.5
NYSE American Composite 1.6 4135.33 20.7 SQL Technologies Corp NASDAQ 14.00 -82.0 Feb. 9 23 Colombia –17.2 –2.2 Sri Lanka –62.4 –31.9
Nasdaq Composite -1.0% 10466.48 -33.1 Innovative Eyewear Inc NASDAQ 7.50 -82.0 Aug. 14 7 Romania –17.5 –12.1
Sources: Dow Jones Market Data; S&P Dow Jones Indices Source: Dealogic Source: S&P Dow Jones Indices
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

THE WALL STREET JOURNAL. Tuesday, January 3, 2023 | R5

JOURNAL REPORT | NEW YORK STOCK EXCHANGE 2022 TRADING SUMMARY

Stock listings show the year-end price-to-earnings ratio, 2022
high, 2022 low, and last trade as well as the net and
Dow Jones Industrial Average NYSE Markets Diary
2022 2021 2020
percentage change from the previous year. Quotations
include primary market trades as well as trades reported by high Advances 1359 3998 2776
Nasdaq OMX BX (formerly Boston), Chicago Stock Exchange, Daily close Declines 4007 1477 2032
Cboe, EdgeA, EdgeX, Nasdaq ISE, NYSE National and PSX. Unchanged 7 5 6
Net Pct low
Stock SymPE Hi Lo Last Chg Chg Total Issues 5373 5480 4814

A 36000 Net Pct

Stock SymPE Hi Lo Last Chg Chg
AAR AIR 18 52.83 33.75 44.90 5.87 15.0 DirectSellingUn DSAQ.U ... 10.78 10.03 10.25 0.09 0.9
ABB ABB 15 37.20 23.97 30.46 -5.85 -16.1 DiscoverFinSvcs DFS 6 130.81 87.64 97.83 -17.73 -15.3
ABMIndustries ABM 13 54.00 37.68 44.42 3.57 8.7 200-trading-day moving average Disney DIS 50 160.32 84.07 86.88 -68.01 -43.9
ACCO Brands ACCO 28 9.00 4.27 5.59 -2.67 -32.3 s dMYTechVI A DMYS cc 10.08 9.69 10.05 0.23 2.4
AcresCmclRlty ACR 13 13.70 7.23 8.26 -4.21 -33.8 dMYTechVI DMYS.U ... 10.53 9.82 10.08 -0.38 -3.6
ADC Therap ADCT dd 20.67 2.69 3.84 -16.36 -81.0 ... 1.45 0.09 0.10 -1.21 -92.0
ADT ADT dd 10.10 6.00 9.07 0.66 7.8
34000 dMYTechVI Wt DMYS.WS
DolbyLab DLB 39 96.85 61.55 70.54 -24.68 -25.9
AECOM ACM 39 86.94 60.74 84.93 7.58 9.8 Dole DOLE 18 15.78 7.20 9.65 -3.67 -27.6
AES AES dd 29.89 18.62 28.76 4.46 18.4 DollarGeneral DG 24 262.20 183.25 246.25 10.42 4.4
AESUn AESC ... 104.45 79.83 102.01 6.01 6.3 Doma DOMA dd 5.40 0.34 0.45 -4.63 -91.1
Aflac AFL 9 72.70 52.07 71.94 13.55 23.2 DomaWt DOMA.WS ... 1.05 ... 0.02 -0.93 -98.2
AGCO AGCO 12 150.28 88.55 138.69 22.67 19.5 DominionEner D 22 88.78 57.18 61.32 -17.24 -21.9
AG Mortgage MITT dd 10.68 3.52 5.31 -4.94 -48.2 Domino's DPZ 28 564.73 299.41 346.40 -217.93 -38.6
a.k.a.Brands AKA dd 9.52 1.12 1.27 -7.98 -86.3 Donaldson DCI 21 61.94 46.00 58.87 -0.39 -0.7
AMC Ent AMC dd 21.09 3.81 4.07 -12.64 -75.6 32000 DonnelleyFin DFIN 11 48.04 24.60 38.65 -8.49 -18.0
AMN Healthcare AMN 10 129.04 82.75 102.82 -19.51 -15.9 DoorDash DASH dd 152.50 41.37 48.82-100.08 -67.2
n AMTD Digital HKD ...2555.30 9.50 10.00 ... ... DorianLPG LPG 8 21.07 10.77 18.95 6.26 49.3
AMTD IDEA AMTD 1 25.80 1.59 1.80 -4.54 -71.6 DoubleVerify DV 68 33.61 17.22 21.96 -11.32 -34.0
n AP Acqn A APCA cc 10.35 9.86 10.32 ... ... s DouglasDynamics PLOW 24 40.82 27.76 36.16 -2.90 -7.4
AP Acqn Un APCA.U ... 10.35 9.96 10.30 0.17 1.7 65-trading-day DouglasElliman DOUG 10 11.44 3.50 4.07 -7.43 -64.6
n AP Acqn Wt APCA.WS ... 0.40 ... 0.08 ... ... DouglasEmmett DEI 30 36.97 15.08 15.68 -17.82 -53.2
ARC Document ARC 11 4.18 2.10 2.93 -0.57 -16.3 moving average Dover DOV 17 184.04 114.49 135.41 -46.19 -25.4
ASETech ASX 5 8.15 4.45 6.27 -1.54 -19.7 30000 Dow DOW 7 71.86 42.91 50.39 -6.33 -11.2
ASGN ASGN 14 131.89 78.25 81.48 -41.92 -34.0 Doximity DOCS 47 64.95 22.91 33.56 -16.57 -33.1
AT&T T 7 21.53 14.46 18.41 -0.17 -0.9 DrReddy'sLab RDY 22 65.36 47.88 51.75 -13.66 -20.9
ATI ATI cc 33.31 16.02 29.86 13.93 87.4 DreamFinders DFH 4 23.09 8.17 8.66 -10.79 -55.5
ATI PhysTherapy ATIP dd 3.93 0.22 0.30 -3.08 -91.0 Dril-Quip DRQ dd 41.23 19.10 27.17 7.49 38.1
ATIPhysTherapyWt ATIP.WS ... 0.58 0.01 0.01 -0.43 -98.8 DriveShack DS dd 1.97 0.15 0.17 -1.26 -88.3
A10Networks ATEN 33 19.79 12.27 16.63 0.05 0.3 DuckhornPtf NAPA 32 23.57 12.64 16.57 -6.77 -29.0
n AxiosSustGrwA AXAC dd 10.34 9.94 10.30 ... ... Ducommun DCO 5 58.18 38.89 49.96 3.19 6.8
n AxiosSustGrwRt AXACr ... 0.16 0.04 0.10 ... ... 28000 DukeEnergy DUK 21 116.33 83.76 102.99 -1.91 -1.8
n AxiosSustGrwWt AXAC.WS ... 0.20 0.03 0.04 ... ... Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec. Dun&Bradstreet DNB dd 20.86 11.23 12.26 -8.23 -40.2
AXIS Capital AXS 13 61.39 48.32 54.17 -0.30 -0.6 DuPont DD 19 85.16 49.52 68.63 -12.15 -15.0
AZEK AZEK 42 46.56 15.12 20.32 -25.92 -56.1 DutchBros BROS dd 66.00 20.05 28.19 -22.72 -44.6
AZZ AZZ cc 56.93 30.21 40.20 -15.09 -27.3 Net Pct Net Pct Net Pct DycomInds DY 24 122.12 76.21 93.60 -0.16 -0.2
Aaron's AAN 24 25.96 7.64 11.95 -12.70 -51.5 Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg DynagasLNG DLNG 2 4.49 2.08 2.62 -0.27 -9.3
AbbottLabs ABT 25 139.83 93.25 109.79 -30.95 -22.0 AscendantDigIII ACDI.U ... 10.50 10.00 10.30 0.15 1.5 BostonSci BSX cc 47.95 34.98 46.27 3.79 8.9 ChurchillCapVI CCVI.U ... 10.06 9.77 9.99 0.03 0.3 Dynatrace DT cc 61.17 29.41 38.30 -22.05 -36.5
AbbVie ABBV 22 175.91 128.26 161.61 26.21 19.4 n AscendantDigA ACDI 25 10.40 9.87 10.32 0.47 4.8 Bowlero BOWL dd 15.28 6.96 13.48 4.46 49.4 ChurchillVI A CCVI 24 10.31 9.71 9.99 0.21 2.2 DynexCapital DX 4 17.17 10.60 12.72 -3.99 -23.9
Abercrombie&Fitch ANF 54 42.09 14.02 22.91 -11.92 -34.2 AshfordHosp AHT dd 12.09 4.09 4.47 -5.13 -53.4 Box BOX dd 33.04 22.31 31.13 4.94 18.9 ChurchillVI Wt CCVI.WS ... 1.06 0.01 0.06 -0.96 -94.1
AcadiaRealty AKR
AccelEnt ACEL
dd 22.64 12.28 14.35 -7.48
11 14.04 7.26 7.70 -5.32
-34.3
-40.9
Ashland ASH dd 114.36 83.29 107.53 -0.13 -0.1 Boxed BOXD dd 14.63 0.18 0.19 -13.51 -98.6 ChurchillCapVII CVII.U ... 10.08 9.75 9.96 -0.06 -0.6 E
AspenAerogels ASPN dd 52.00 7.93 11.79 -38.00 -76.3 BoxedWt BOXD.WS ... 1.69 0.02 0.04 -1.15 -96.7 ChurchillVII A CVII 33 10.01 9.68 9.97 0.14 1.4
Accenture ACN 24 415.53 242.95 266.84 -147.71 -35.6 AssetMarkFin AMK 19 27.28 16.88 23.00 -3.21 -12.2 BoydGaming BYD 10 72.72 46.10 54.53 -11.04 -16.8 ChurchillVII Wt CVII.WS ... 1.08 0.01 0.05 -0.95 -95.1 EG Acqn EGGF.U ... 10.11 9.58 9.94 0.03 0.3
AcropolisInfr ACRO.U ... 9.99 9.70 9.97 ... ... AssociatedBanc ASB 11 25.78 17.45 23.09 0.50 2.2 Brady BRC 16 55.05 40.52 47.10 -6.80 -12.6 Cian CIAN dd 13.61 3.15 3.40 -8.93 -72.4 EG Acqn A EGGF 70 10.06 9.62 9.97 0.25 2.6
AcropolisInfrA ACRO dd 9.98 9.60 9.95 0.23 2.4 AssocCapital AC dd 47.50 33.69 41.99 -1.01 -2.3 BraemarHtls BHR cc 6.63 3.41 4.11 -0.99 -19.4 Ciena CIEN 51 77.38 38.33 50.98 -25.99 -33.8 EG Acqn Wt EGGF.WS ... 0.62 0.07 0.19 -0.43 -68.9
AcropolisInfrWt ACRO.WS ... 0.96 0.07 0.12 -0.71 -85.6 Assurant AIZ 21 194.12 119.01 125.06 -30.80 -19.8 BrandywineRealty BDN 37 14.88 5.95 6.15 -7.27 -54.2 Cigna CI 16 340.11 213.16 331.34 101.71 44.3 elfBeauty ELF 88 56.92 20.49 55.30 22.09 66.5
AcuityBrands AYI 15 220.97 142.71 165.61 -46.11 -21.8 AssuredGuaranty AGO 15 67.13 45.91 62.26 12.06 24.0 BrasilAgro LND 7 9.82 4.11 5.69 0.29 5.4 Cinemark CNK dd 19.76 8.28 8.66 -7.46 -46.3 EMCOR EME 20 156.67 95.64 148.11 20.72 16.3
Acushnet GOLF 18 53.94 37.46 42.46 -10.62 -20.0 Atento ATTO dd 32.00 2.40 4.23 -21.30 -83.4 Braskem BAK 11 21.22 8.41 9.20 -11.89 -56.4 CircorIntl CIR dd 29.80 13.26 23.96 -3.22 -11.8 ENI E 3 32.56 20.38 28.66 1.01 3.7
Adecoagro AGRO 6 13.55 6.95 8.29 0.61 7.9 AthenaConsumer ACAQ.U ... 10.37 10.02 10.26 0.09 0.9 BreadFinancial BFH 3 75.60 28.85 37.66 -28.91 -43.4 Citigroup C 6 69.11 40.01 45.23 -15.16 -25.1 EOG Rscs EOG 10 150.88 88.29 129.52 40.69 45.8
Adient ADNT dd 50.96 27.15 34.69 -13.19 -27.5 AthenaCnsmrA ACAQ dd 10.90 9.81 10.38 0.47 4.8 BridgeInvt BRDG 8 25.22 11.88 12.05 -12.92 -51.7 CitizensFin CFG 10 57.00 32.66 39.37 -7.88 -16.7 EPAM Systems EPAM 48 675.34 168.59 327.74 -340.71 -51.0
AditEdTech ADEX.U ... 10.26 9.04 9.95 -0.27 -2.6 AthenaCnsmrWt ACAQ.WS ... 0.49 0.03 0.12 -0.36 -75.8 BrightHealth BHG dd 4.06 0.49 0.65 -2.79 -81.1 Citizens CIA 4 5.49 1.93 2.13 -3.18 -59.9 EPR Prop EPR 18 56.38 34.58 37.72 -9.77 -20.6
AditEdTechA ADEX cc 10.95 9.80 10.11 0.21 2.1 AthenaTechII ATEK.U ... 10.08 9.64 9.97 ... ... BrightHorizons BFAM 47 140.02 54.19 63.10 -62.78 -49.9 CityOfficeREIT CIO 1 21.70 8.15 8.38 -11.34 -57.5 EQT EQT 7 51.97 19.20 33.83 12.02 55.1
AditEdTechWt ADEX.WS ... 0.75 0.01 0.06 -0.61 -91.0 n AthenaTechII A ATEK cc 10.16 9.55 10.06 ... ... BrightScholar BEDU ... 4.88 2.04 2.41 -2.23 -48.0 Civeo CVEO 18 32.06 18.89 31.10 11.93 62.2 n ESAB ESAB ... 58.08 32.12 46.92 ... ...
AdtalemGlbEduc ATGE dd 44.40 19.14 35.50 5.94 20.1 n AthenaTechIIWt ATEK.WS ... 0.55 0.01 0.04 ... ... BrightSphere BSIG 9 26.48 14.73 20.58 -5.02 -19.6 CivitasRscs CIVI 4 84.76 44.17 57.93 8.96 18.3 ESCO Tech ESE 28 96.69 60.03 87.54 -2.45 -2.7
AdvanceAuto AAP 19 244.55 138.52 147.03 -92.85 -38.7 Atkore ATKR 6 128.36 70.50 113.42 2.23 2.0 BrightSpire BRSP 7 10.42 6.11 6.23 -4.03 -39.3 Clarivate CLVT dd 24.85 7.85 8.34 -15.18 -64.5 ESM Acqn ESM.U ... 10.32 9.81 10.10 0.12 1.2
AdvDrainageSys WMS 15 153.36 79.90 81.97 -54.16 -39.8 Atlas ATCO 7 16.23 10.12 15.34 1.16 8.2 BrightView BV 42 15.33 5.78 6.89 -7.19 -51.1 ClarosMtg CMTG 14 21.09 11.53 14.71 -1.68 -10.3 ESM Acqn A ESM 74 10.10 9.67 10.09 0.37 3.8
AdvanSix ASIX 7 57.10 30.69 38.02 -9.23 -19.5 AtmosEnergy ATO 20 122.95 97.71 112.07 7.30 7.0 BrinkerIntl EAT 20 44.03 21.47 31.91 -4.68 -12.8 ClassAccelWt CLAS.WS ... 0.54 ... 0.01 -0.50 -99.0 ESM Acqn Wt ESM.WS ... 0.73 0.06 0.12 -0.61 -84.1
Aegon AEG 25 6.22 3.75 5.04 0.10 2.0 ATRenew RERE dd 6.71 1.52 2.89 -3.05 -51.3 Brink's BCO 15 73.42 48.38 53.71 -11.86 -18.1 CleanHarbors CLH 16 125.41 81.56 114.12 14.35 14.4 ESSTech GWH dd 11.93 2.02 2.43 -9.01 -78.8
Aenza AENZ dd 6.57 1.85 3.25 -1.61 -33.1 Audacy AUD dd 3.36 0.20 0.23 -2.34 -91.2 BristolMyers BMY 23 81.44 60.86 71.95 9.60 15.4 ClearChannelOutdr CCO dd 4.10 0.91 1.05 -2.26 -68.3 ESSTechWt GWH.WS ... 2.74 0.22 0.28 -2.25 -88.9
AerCap AER dd 69.36 37.20 58.32 -7.10 -10.9 Autohome ATHM 17 40.89 20.49 30.60 1.12 3.8 BristolMyersRt CELGr ... 0.25 0.10 0.12 -0.07 -37.9 ClearSecure YOU dd 34.80 18.79 27.43 -3.94 -12.6 E2open ETWO dd 11.56 4.89 5.87 -5.39 -47.9
AerojetRocket AJRD 48 56.19 35.47 55.93 9.17 19.6 Autoliv ALV 18 108.62 65.74 76.58 -26.83 -25.9 Bristow VTOL 48 40.10 21.61 27.13 -4.54 -14.3 ClearwaterAnalytic CWAN dd 22.72 11.23 18.75 -4.23 -18.4 E2openWt ETWO.WS ... 2.95 0.47 0.84 -2.06 -70.9
AevaTech AEVA dd 8.07 1.20 1.36 -6.20 -82.0 AutoNation AN 4 135.57 94.92 107.30 -9.55 -8.2 BritishAmTob BTI 13 47.23 35.47 39.98 2.57 6.9 ClearwaterPaper CLW 11 46.48 25.07 37.81 1.14 3.1 EagleMaterials EXP 12 168.65 101.98 132.85 -33.61 -20.2
AevaTechWt AEVA.WS ... 2.00 0.14 0.17 -1.71 -90.8 4 22.25 10.65 14.23 3.29 30.1

.
AutoZone AZO 212610.051703.322466.18 369.79 17.6 BrixmorProp BRX 21 27.19 17.62 22.67 -2.74 -10.8 ClearwayEnergyA CWEN.A 6 38.65 27.59 29.92 -3.56 -10.6 EarthstoneEner ESTE
AffiliatedMgrs AMG 12 171.38 108.12 158.43 -6.08 -3.7 Avalonbay AVB 18 259.05 158.35 161.52 -91.07 -36.1 BroadmarkRealty BRMK 8 9.85 3.52 3.56 -5.87 -62.2 ClearwayEnergyC CWEN 7 41.79 29.61 31.87 -4.16 -11.5 EasterlyGovtProp DEA 59 23.65 13.49 14.27 -8.65 -37.7
AfricanGoldAcqn AGAC.U ... 10.07 9.81 10.03 -0.05 -0.5

ly
Avangrid AGR 19 51.71 37.64 42.98 -6.90 -13.8 BroadmarkRltyWt BRMK.WS ... 0.12 ... ... -0.09 -98.6 Cleveland-Cliffs CLF 3 34.04 11.82 16.11 -5.66 -26.0 EastGroup EGP 28 228.63 137.47 148.06 -79.79 -35.0
AfricanGoldA AGAC 48 10.06 9.66 10.05 0.37 3.8 AvanosMedical AVNS 30 36.22 19.32 27.06 -7.61 -21.9 BroadridgeFinl BR 30 183.34 131.35 134.13 -48.69 -26.6 ClipperRealty CLPR dd 10.41 6.08 6.40 -3.54 -35.6 EastmanChem EMN 9 129.47 69.91 81.44 -39.47 -32.6
AfterNextA AFTR 23 10.04 9.57 10.02 0.27 2.8 Avantor AVTR 24 41.98 17.91 21.09 -21.05 -50.0 Broadstone BNL 23 25.02 14.98 16.21 -8.61 -34.7 CloopenGroup RAAS ... 3.00 0.55 0.70 -2.20 -75.7 EastmanKodak KODK dd 7.50 2.78 3.05 -1.63 -34.8
AfterNextHealth AFTR.U ... 10.20 9.69 10.03 0.16 1.6 Avaya AVYA dd 21.65 0.12 0.20 -19.60 -99.0 BrookdaleSrLiving BKD dd 7.61 2.61 2.73 -2.43 -47.1 Clorox CLX 43 186.86 120.50 140.33 -34.03 -19.5 Eaton ETN 27 173.39 122.50 156.95 -15.87 -9.2
AfterNextWt AFTR.WS ... 0.89 0.04 0.07 -0.62 -89.3 AveryDennison AVY 18 219.33 151.62 181.00 -35.57 -16.4 n BrookdaleSrUn BKDT ... 52.37 43.60 44.23 ... ... Cloudflare NET dd 132.45 37.37 45.21 -86.29 -65.6 Ecolab ECL 37 237.38 131.04 145.56 -89.03 -38.0
AgilentTechs A 36 160.26 112.52 149.65 -10.00 -6.3 Avient AVNT 17 58.60 27.65 33.76 -22.19 -39.7 n BrookfieldAsset BAM ... 36.50 26.76 28.67 ... ... CN Finance CNF 78 4.86 1.25 1.71 -2.37 -58.1 Ecopetrol EC 3 19.81 8.59 10.47 -2.42 -18.8
Agiliti
agilon health AGL
AgnicoEagle AEM
AgreeRealty ADC
AirLease
AirProducts APD
AGTI

AL
62 23.65 14.15 16.31 -6.85
dd 28.36 14.36 16.14 -10.86
35 67.14 36.69 51.99 -1.15
39 80.44 61.62 70.93 -0.43
dd 47.00 29.75 38.42 -5.81
31 328.56 216.24 308.26 4.00
-29.6
-40.2
-2.2
-0.6
-13.1
1.3
Avista

AxosFinancial AX
Azul
AVA
AxaltaCoating AXTA

AZUL
AzurePowerGlbl AZRE
on
25 46.90 35.72 44.34
28 34.12 20.66 25.47
10 61.79 33.91 38.22
dd 17.46 5.29 6.11
dd 21.53 3.26 4.31
1.85
-7.65
-17.69
-7.09
-13.35
4.4
-23.1
-31.6
-53.7
-75.6
n BrookfieldBus BBUC
BrookfieldBusPtr BBU
Brookfield
BrookfieldInfr BIPC
BrookfieldInfr BIP
BN

BrookfieldReinsur BNRE
2 36.79
39 31.50
15 50.48
17 53.64
45 46.01
... 51.78
17.58
15.29
29.85
37.55
30.03
29.84
18.79
16.96
31.46
38.90
30.99
31.29
-12.60
-17.34
...

-6.61
-9.55
-19.31
-42.6
-35.5
...

-14.5
-23.6
-38.2
Coca-Cola
Coca-Cola Femsa KOF
CoeurMining CDE
Cohen&Steers CNS
ColgatePalm
ColombierAcqnA CLBR
KO

CL
28 67.20 54.02
16 70.53 50.21
dd 5.54 2.54
16 94.40 52.34
34 85.61 67.84
44 9.98 9.59
63.61
67.88
3.36
64.56
78.79
9.94
4.40
13.09
-1.68
-27.95
-6.55
0.30
-30.2
7.4
23.9
-33.3

-7.7
3.1
Ecovyst

EdwardsLife EW
ElancoAnimal ELAN
ElancoAnimalUn ELAT
ECVT
EdgewellPersonal EPC
EdisonInt EIX
19 12.05 8.20
21 51.86 32.00
34 73.32 54.45
32 131.10 67.13
dd 29.66 11.18
... 45.40 17.98
8.86 -1.38
38.54 -7.17
63.62 -4.63
74.61 -54.94
12.22 -16.16
19.53 -25.13
-13.5
-15.7
-6.8
-42.4
-56.9
-56.3
18 160.71 108.34 141.60 -5.58 -3.8
AlamoGroup ALG B BrookfieldRenew BEPC 15 44.41 27.19 27.54 -9.29 -25.2 ColombierAcqnUn CLBR.U ... 10.02 9.67 9.99 0.18 1.8 Elastic ESTC dd 124.25 48.63 51.50 -71.59 -58.2
us ,

AlamosGold AGI cc 10.45 6.35 10.11 2.42 31.5 BrookfieldRenew BEP dd 41.95 24.13 25.34 -10.45 -29.2 ColombierAcqnWt CLBR.WS ... 0.56 0.02 0.09 -0.44 -83.8 EldoradoGold EGO dd 12.49 5.06 8.36 -0.99 -10.6
AlaskaAir ALK cc 61.55 38.19 42.94 -9.16 -17.6 Bark BARK dd 4.78 1.25 1.49 -2.73 -64.7 Brown&Brown BRO 26 74.00 52.91 56.97 -13.31 -18.9 ColonnadeAcqnII CLAA.U ... 10.32 9.71 10.03 0.15 1.5 ElementSolns ESI 25 25.26 15.31 18.19 -6.09 -25.1
l

AlbanyIntl AIN 29 106.58 75.23 98.59 10.14 11.5 BarkWt BARK.WS ... 0.94 0.10 0.15 -0.44 -74.6 Brown-Forman A BF.A 36 76.60 56.97 65.76 -2.03 -3.0 Colonnade II A CLAA cc 10.10 9.67 10.07 0.36 3.7 ElevanceHealth ELV 20 549.52 420.73 512.97 49.43 10.7
Albemarle ALB 16 334.55 169.93 216.86 -16.91 -7.2 dd 34.27 10.91 11.15 -19.58 -63.7 Brown-Forman B BF.B 36 78.15 60.23 65.68 -7.18 -9.9 Colonnade II Wt CLAA.WS ... 0.84 0.02 0.05 -0.67 -93.1 ElevateCredit ELVT dd 3.95 0.67 1.75 -1.22 -41.1
e
B&G Foods BGS
al a

Albertsons ACI 7 37.99 20.05 20.74 -9.45 -31.3 BCE BCE 18 59.34 39.88 43.95 -8.09 -15.5 Brunswick BC 9 103.43 61.89 72.08 -28.65 -28.4 Comerica CMA 9 102.09 62.83 66.85 -20.15 -23.2 EllingtonFin EFC dd 18.13 10.81 12.37 -4.72 -27.6
Alcoa AA dd 98.09 33.55 45.47 -14.11 -23.7 BEST BEST 0 5.65 0.50 0.55 -3.71 -87.1 Buckle BKE 9 46.67 26.50 45.35 3.04 7.2 ComfortSystems FIX 18 128.68 74.14 115.08 16.14 16.3 EllingtonResiMtg EARN dd 11.07 5.70 6.86 -3.53 -34.0
Alcon ALC 59 87.34 55.21 68.55 -18.57 -21.3 BGSF BGSF 14 15.49 10.30 15.32 0.97 6.8 Buenaventura BVN 5 12.35 5.09 7.45 0.13 1.8 CommercialMetals CMC 5 50.83 31.47 48.30 12.01 33.1 ElliottOppII EOCW.U ... 10.17 9.74 10.09 0.08 0.8
Alexander&Baldwin ALEX 51 25.66 15.80 18.73 -6.36 -25.3 BHP Group BHP 7 71.04 46.92 62.05 8.23 15.3 Build-A-Bear BBW 7 26.87 12.47 23.84 4.32 22.1 CommBkSys CBU 19 78.00 58.28 62.95 -11.53 -15.5 ElliottOppIIA EOCW 31 10.09 9.63 10.08 0.31 3.2
ci on

Alexander's ALX 9 274.46 200.97 220.06 -40.24 -15.5 BitMining BTCM dd 62.80 1.40 1.58 -59.82 -97.4 BuildAcqn BGSX.U ... 10.41 9.72 10.01 0.14 1.4 CommunityHlthSys CYH dd 14.74 1.88 4.32 -8.99 -67.5 ElliottOppIIWt EOCW.WS ... 1.05 0.04 0.09 -0.98 -91.6
AlexandriaRlEst ARE 44 224.33 126.74 145.67 -77.29 -34.7 BJ'sWholesale BJ 18 80.41 51.45 66.16 -0.81 -1.2 BuildAcqnA BGSX 41 10.03 9.65 10.02 0.26 2.7 CommunityHlthcr CHCT 42 47.98 30.38 35.80 -11.47 -24.3 ElmeComms ELME dd 26.79 16.14 17.80 -8.05 -31.1
AlgonquinPwrUn AQNU cc 50.49 22.79 23.87 -23.37 -49.5 BP BP dd 36.11 25.36 34.93 8.30 31.2 BuildersFirst BLDR 4 86.48 48.91 64.88 -20.83 -24.3 SABESP SBS 13 12.04 6.08 10.66 3.32 45.2 EmbotellAndinaA AKO.A 9 11.88 8.28 10.86 0.38 3.6
AlgonquinPwr AQN cc 16.01 6.41 6.52 -7.93 -54.9 BP Prudhoe BPT 4 26.08 3.90 11.68 7.75 197.2 Bunge BG 10 128.40 80.41 99.77 6.41 6.9 EngGr-Cmg C CIG.C 10 4.00 2.22 3.04 0.33 12.3 EmbotellAndinaB AKO.B 11 14.82 9.63 14.51 1.62 12.6
Alibaba BABA cc 138.70 58.01 88.09 -30.70 -25.8 BRC BRCC dd 34.00 5.75 6.11 -4.04 -39.8 BurfordCapital BUR ... 11.20 6.93 8.15 -2.41 -22.8 EngGr-Cmg CIG 7 2.62 1.65 2.03 0.16 8.6 Embraer ERJ cc 18.08 7.91 10.93 -6.82 -38.4
Alight ALIT 57 11.10 6.31 8.36 -2.45 -22.7 BRF BRFS dd 4.49 1.27 1.58 -2.51 -61.4 BurlingtonStrs BURL 82 292.96 106.47 202.76 -88.75 -30.4 COPEL ELP cc 8.25 5.17 7.19 1.56 27.7 EmeraldHldg EEX 36 4.55 2.42 3.54 -0.43 -10.8
Allegion ALLE 21 133.52 87.33 105.26 -27.18 -20.5 BRT Apartments BRT 7 25.67 18.73 19.64 -4.35 -18.1 ButterflyNtwk BFLY dd 8.72 2.17 2.46 -4.23 -63.2 CiaSiderurgica SID 8 5.96 2.20 2.76 -1.68 -37.8 EmergentBiosol EBS 15 52.28 10.61 11.81 -31.66 -72.8
Allego ALLG ... 28.44 2.33 3.14 -6.73 -68.2 BWX Tech BWXT 17 62.84 42.58 58.08 10.20 21.3 ButterflyNtwkWt BFLY.WS ... 2.00 0.24 0.26 -1.01 -79.5 CerveceriasUnid CCU 14 17.78 9.31 13.12 -3.29 -20.0 EmersonElec EMR 18 100.00 72.41 96.06 3.09 3.3
AllegoWt ALLG.WS ... 1.85 0.10 0.10 -1.34 -93.1 ... 9.96 5.88 6.68 -1.90 -22.1
er s

Babcock&Wilcox BW dd 9.48 3.89 5.77 -3.25 -36.0 BylineBancorp BY 11 29.15 20.15 22.97 -4.38 -16.0 CompassDiversif CODI dd 31.35 16.32 18.23 -12.35 -40.4 EmpireStateReal250 FISK
Allete ALE 18 68.61 47.77 64.51 -1.84 -2.8 Babylon BBLN dd 179.00 6.31 6.75-139.00 -95.4 Compass COMP dd 9.71 1.84 2.33 -6.76 -74.4 EmpireStateReal60 OGCP ... 9.98 5.93 6.60 -2.28 -25.7
10 52.52 31.31 34.37 -14.47 -29.6
AllianceBernstein AB
AllisonTransm ALSN 8 45.33 32.63 41.60 5.25 14.4
BadgerMeter BMI
Bakkt BKKT
48 120.54 73.20 109.03 2.47
dd 9.01 1.16 1.19 -7.32 -86.0
2.3 C CompassMnlInt CMP
ComputeHealth CPUH.U
dd 67.67 30.67
... 10.11 9.64
41.00
10.09
-10.08
0.15
-19.7
1.5
EmpireStateRealES ESBA
EmpireStateRealty ESRT
... 11.23 5.96
cc 10.49 6.24
6.53 -2.34
6.74 -2.16
-26.4
-24.3
dd 144.46 111.85 135.60 17.95 15.3
m er

Allstate ALL BakktWt BKKT.WS ... 2.96 0.08 0.11 -2.33 -95.5 CACI Intl CACI 19 319.33 238.29 300.59 31.38 11.7 ComputeHlthA CPUH 33 10.10 9.67 10.10 0.37 3.8 EmployersHldgs EIG 22 46.73 32.58 43.13 1.75 4.2
AllyFinancial ALLY 4 53.83 22.34 24.45 -23.16 -48.6 Ball BALL 17 97.99 46.00 51.14 -45.13 -46.9 CBD Pao CBD 3 5.58 2.73 3.10 -0.89 -22.3 ComputeHlthWt CPUH.WS ... 0.93 0.03 0.11 -0.77 -87.3 EmpresaDisCom EDN dd 8.08 3.88 7.99 2.69 50.8
AlphaMetal AMR 2 186.98 55.98 146.39 85.34 139.8 Bally's BALY dd 39.38 17.54 19.38 -18.68 -49.1 CBIZ CBZ 23 51.67 35.46 46.85 7.73 19.8 ComstockRscs CRK 4 22.11 6.88 13.71 5.62 69.5 Enbridge ENB 18 47.67 35.02 39.10 0.02 0.1
AlpineIncmProp PINE 8 21.07 15.41 19.08 -0.96 -4.8 BancCalifornia BANC 10 22.01 14.86 15.93 -3.69 -18.8 CBL&Assoc CBL dd 34.91 21.66 23.08 -8.12 -26.0 ConagraBrands CAG 32 39.22 30.06 38.70 4.55 13.3 EncompassHealth EHC 22 59.91 42.17 59.81 7.92 15.3
AltaEquipment ALTG 67 15.36 8.65 13.19 -1.45 -9.9 BancoBBVA BBAR 3 3.92 2.03 3.90 0.75 23.8 CBRE Group CBRE 13 111.00 66.31 76.96 -31.55 -29.1 ConcordAcqnII CNDA.U ... 10.30 9.67 9.95 -0.34 -3.3 Endava DAVA 37 167.98 61.55 76.50 -91.42 -54.4
AltC Acqn ALCC cc 9.93 9.60 9.92 0.07 0.7 BancoBilbaoViz BBVA 6 6.97 3.93 6.01 0.14 2.4 CCNeubergerIII PRPC.U ... 10.13 9.83 10.10 0.10 1.0 ConcordAcqnIIA CNDA 33 9.95 9.60 9.95 0.20 2.0 Endeavor EDR 20 35.28 17.42 22.54 -12.35 -35.4
Alteryx AYX dd 76.35 39.55 50.67 -9.83 -16.2 BancoBradesco BBDO 6 3.55 2.29 2.58 -0.06 -2.1 CCNeubergerIII A PRPC 24 10.11 9.72 10.10 0.22 2.2 ConcordAcqnIIWt CNDA.WS ... 1.20 0.08 0.12 -0.83 -87.8 EndeavourSilver EXK dd 5.78 2.47 3.24 -0.98 -23.2
m rp

AlticeUSA ATUS 3 17.23 3.68 4.60 -11.58 -71.6 BancodeChile BCH 7 22.74 15.64 20.82 5.11 32.5 CCNeubergerIII Wt PRPC.WS ... 1.09 0.04 0.05 -1.04 -95.4 ConcordAcqnIII CNDB.U ... 10.22 10.00 10.19 ... ... EnelChile ENIC 36 2.28 0.98 2.25 0.44 24.3
AltimarAcqnIII ATAQ.U ... 10.29 9.80 10.00 0.12 1.2 Bladex BLX 8 17.35 12.58 16.20 -0.40 -2.4 CF Industries CF 6 119.60 63.10 85.20 14.42 20.4 ConcordAcqnIII A CNDB 16 10.40 9.82 10.19 0.29 2.9 Enerflex EFXT dd 7.66 3.86 6.32 0.27 4.5
AltimarAcqnIIIA ATAQ 29 10.08 9.69 10.07 0.31 3.2 BancoMacro BMA 4 18.05 9.71 16.42 2.40 17.1 n C5 Acqn CXAC.U ... 10.55 9.96 10.23 ... ... ConcordAcqnIIIWt CNDB.WS ... 0.74 0.05 0.07 -0.62 -90.1 Energizer ENR dd 41.62 24.81 33.55 -6.55 -16.3
Altria MO 18 57.05 40.35 45.71 -1.68 -3.5 BancSanBrasil BSBR ... 7.97 4.79 5.39 0.02 0.4 n C5AcqnA CXAC cc 10.27 9.87 10.22 ... ... ConcordMed CCM dd 2.38 1.15 1.64 -0.36 -18.0 EnergyTransfer ET 9 12.95 8.26 11.87 3.64 44.2
AltusPower AMPS dd 14.71 4.26 6.52 -3.93 -37.6 BcoSantChile BSAC 7 22.95 13.37 15.84 -0.45 -2.8 n C5AcqnWt CXAC.WS ... 0.73 0.01 0.03 ... ... Conmed CNMD dd 155.51 71.09 88.64 -53.12 -37.5 EnergyVault NRGV dd 22.10 2.21 3.12 -6.78 -68.5
AmbacFin AMBC 2 17.59 7.24 17.44 1.39 8.7 BcoSantMex BSMX 6 6.29 4.52 6.03 0.39 6.9 CGI GIB 18 89.11 72.23 86.13 -2.37 -2.7 ConocoPhillips COP 8 138.49 72.02 118.00 45.82 63.5 EnerpacTool EPAC 69 27.37 16.09 25.45 5.17 25.5
AmbacFinWt AMBC.WS ... 4.52 0.82 2.03 -2.14 -51.3 BancoSantander SAN 5 4.01 2.26 2.95 -0.34 -10.3 CI&T CINT 33 19.08 5.22 6.50 -5.39 -45.3 ConEd ED 20 102.21 78.10 95.31 9.99 11.7 Enerplus ERF 6 19.23 10.21 17.65 7.07 66.8
Ambev ABEV 17 3.31 2.42 2.72 -0.08 -2.9 BanColombia CIB 8 45.98 23.86 28.54 -3.05 -9.7 CI Financial CIXX 6 21.70 8.50 9.99 -10.91 -52.2 ConstellationI Wt CSTA.WS ... 0.70 0.01 0.03 -0.60 -95.2 EnerSys ENS 24 83.26 55.60 73.84 -5.22 -6.6
AmbrxBio AMAM dd 9.52 0.38 2.27 -6.76 -74.9 BankofAmerica BAC 11 50.11 29.31 33.12 -11.37 -25.6 CMS Energy CMS 14 73.76 52.41 63.33 -1.72 -2.6 ConstellationI CSTA.U ... 10.15 9.79 10.10 0.13 1.3 Eneti NETI 7 10.42 4.81 10.05 2.31 29.8
co Fo

Amcor AMCR 22 13.61 10.42 11.91 -0.10 -0.8 BankofButterfield NTB 8 41.69 28.67 29.81 -8.30 -21.8 CNA Fin CNA 13 50.33 35.90 42.28 -1.80 -4.1 ConstellationI A CSTA 37 10.11 9.71 10.11 0.35 3.6 Enfusion ENFN dd 21.66 7.80 9.67 -11.27 -53.8
Ameren AEE 22 99.20 73.28 88.92 -0.09 -0.1 BankofHawaii BOH 14 92.38 70.15 77.56 -6.20 -7.4 CNH Indl CNHI 13 17.13 10.60 16.06 -0.83 -4.9 ConstBrands A STZ dd 261.52 207.59 231.75 -19.22 -7.7 EngageSmart ESMT cc 24.68 15.01 17.60 -6.52 -27.0
Ameresco AMRC 29 86.73 40.73 57.14 -24.30 -29.8 BankofMontreal BMO 6 122.77 81.57 90.60 -17.12 -15.9 CNO Financial CNO 6 26.74 16.56 22.85 -0.99 -4.2 Constellium CSTM 6 20.85 9.82 11.83 -6.08 -33.9 n Enhabit EHAB 2 25.25 11.65 13.16 ... ...
AmericaMovil AMX 14 21.62 15.67 18.20 -1.95 -9.7 BankNY Mellon BK 14 64.63 36.22 45.52 -12.56 -21.6 CNX Resources CNX dd 24.21 13.68 16.84 3.09 22.5 ContainerStore TCS 3 11.58 3.89 4.31 -5.67 -56.8 EnLinkMid ENLC 23 13.06 6.89 12.30 5.41 78.5
AmericaMovil A AMOV 13 21.53 15.83 18.00 -2.08 -10.4 BankNovaScotia BNS 8 74.86 45.26 48.98 -22.71 -31.7 CONSOL Energy CEIX 6 79.17 19.11 65.00 42.29 186.2 Volaris VLRS dd 21.23 6.86 8.36 -9.61 -53.5 Ennis EBF 14 23.48 16.55 22.16 2.63 13.5
AmericanAssets AAT 38 39.20 24.00 26.50 -11.03 -29.4 BankUnited BKU 8 46.75 31.44 33.97 -8.34 -19.7 CRH CRH 8 54.54 31.22 39.79 -13.01 -24.6 Cooper COO 43 430.67 244.22 330.67 -88.27 -21.1 EnovaIntl ENVA 6 47.88 25.80 38.37 -2.59 -6.3
AmericanAxle AXL cc 11.96 6.36 7.82 -1.51 -16.2 n BanyanAcqn BYN.U ... 11.09 9.90 11.09 ... ... CS Disco LAW dd 40.73 5.68 6.32 -29.43 -82.3 Cooper-Standard CPS dd 27.35 3.52 9.06 -13.35 -59.6 Enovis ENOV cc 81.88 43.88 53.52 -25.54 -32.3
AmerEagle AEO 24 26.08 9.46 13.96 -11.36 -44.9 n BanyanAcqnA BYN 24 10.24 9.86 10.21 ... ... CTO Realty CTO cc 23.07 17.18 18.28 -2.19 -10.7 Copa CPA 9 97.63 55.25 83.17 0.51 0.6 EnphysAcqn NFYS.U ... 10.34 9.66 10.34 0.42 4.2
AmEqtyLf AEL 3 46.76 28.05 45.62 6.70 17.2 n BanyanAcqnWt BYN.WS ... 0.30 0.02 0.03 ... ... CTS CTS 24 45.22 31.07 39.42 2.70 7.4 Core&Main CNM 9 32.54 18.75 19.31 -11.03 -36.4 EnphysAcqnA NFYS 31 10.05 9.59 10.03 0.39 4.0
AmerExpress AXP 15 199.55 130.65 147.75 -15.85 -9.7 Barclays BCS ... 12.20 5.88 7.80 -2.55 -24.6 C3.ai AI dd 32.36 10.16 11.19 -20.06 -64.2 CoreLabs CLB 62 35.83 13.19 20.27 -2.04 -9.1 EnphysAcqnWt NFYS.WS ... 0.56 0.02 0.09 -0.41 -82.0
AmericanFin AFG 12 152.29 119.01 137.28 -0.04 -0.0 Barnes&NobleEduc BNED dd 7.45 1.38 1.75 -5.06 -74.3 Curo CURO dd 17.12 2.96 3.55 -12.46 -77.8 n CorebridgeFin CRBG 1 23.50 18.81 20.06 ... ... EnPro NPO 13 127.67 76.14 108.69 -1.38 -1.3
AmHomes4Rent AMH 49 43.89 29.31 30.14 -13.47 -30.9 BarnesGroup B 80 48.79 27.93 40.85 -5.74 -12.3 CVR Energy CVI 9 43.61 16.83 31.34 14.53 86.4 CoreCard CCRD 16 39.44 20.45 28.97 -9.83 -25.3 Entergy ETR 18 126.81 94.94 112.50 -0.15 -0.1
AIG AIG 4 65.73 47.05 63.24 6.38 11.2 BarrickGold GOLD 16 26.07 13.01 17.18 -1.82 -9.6 CVR Partners UAN 4 179.74 80.30 100.58 17.89 21.6 CoreCivic CXW 11 14.24 8.39 11.56 1.59 15.9 EnterpriseProd EPD 10 28.65 22.01 24.12 2.16 9.8
AmRltyInv ARL 1 27.75 11.90 25.65 13.00 102.8 Bath&BodyWks BBWI 11 71.51 25.75 42.14 -27.65 -39.6 CVS Health CVS 40 111.25 86.28 93.19 -9.97 -9.7 CorEnergyInfr CORR dd 4.37 1.51 2.09 -1.04 -33.2 Entravision EVC 18 7.00 3.96 4.80 -1.98 -29.2
AmerStWater AWR 43 103.44 71.22 92.55 -10.89 -10.5 n BatteryFutureA BFAC 19 10.41 9.75 10.27 ... ... CableOne CABO 121766.29 620.57 711.86-1051.59 -59.6 Corning GLW 15 43.47 28.98 31.94 -5.29 -14.2 Envestnet ENV dd 84.58 41.72 61.70 -17.64 -22.2
AmerTowerREIT AMT 34 292.55 178.17 211.86 -80.64 -27.6 BatteryFutureUn BFAC.U ... 10.66 9.78 10.26 0.26 2.6 Cabot CBT 18 78.62 53.32 66.84 10.64 18.9 CorpAmAirports CAAP ... 9.57 5.00 8.73 2.96 51.3 Envista NVST 25 52.03 31.67 33.67 -11.39 -25.3
AmerVanguard AVD 23 25.99 13.82 21.71 5.32 32.5 n BatteryFutureWt BFAC.WS ... 0.55 0.04 0.06 ... ... Cactus WHD 32 64.18 34.70 50.26 12.13 31.8 CorpOfficeProp OFC 27 29.64 22.22 25.94 -2.03 -7.3 Enviva EVA dd 91.06 45.88 52.97 -17.45 -24.8
AmerWaterWorks AWK 21 189.25 122.77 152.42 -36.44 -19.3 n Bausch+Lomb BLCO 94 20.20 12.20 15.51 ... ... CadenceBank CADE 14 34.24 22.04 24.66 -5.13 -17.2 CorsairPtrg CORS.U ... 10.00 9.71 9.88 -0.12 -1.2 EnzoBiochem ENZ dd 3.51 1.11 1.43 -1.78 -55.5
AmericanWell AMWL dd 6.30 2.52 2.83 -3.21 -53.1 BauschHealth BHC 9 28.08 4.00 6.28 -21.33 -77.3 Cadre CDRE cc 31.50 17.74 20.14 -5.28 -20.8 CorsairPtrA CORS 29 10.10 9.61 10.00 0.24 2.5 Equifax EFX 34 294.93 145.98 194.36 -98.43 -33.6
AmericoldRealty COLD dd 32.99 21.49 28.31 -4.48 -13.7 BaxterIntl BAX dd 89.70 49.00 50.97 -34.87 -40.6 CAE CAE 62 27.97 15.23 19.34 -5.90 -23.4 CorsairPtrWt CORS.WS ... 1.05 0.03 0.33 -0.68 -67.5 Equinor EQNR 5 42.53 26.26 35.81 9.48 36.0
n-

Ameriprise AMP 13 339.41 219.99 311.37 9.71 3.2 Beachbody BODY dd 2.54 0.50 0.53 -1.84 -77.8 Caleres CAL 5 31.13 17.82 22.28 -0.40 -1.8 Corteva CTVA 32 68.43 43.74 58.78 11.50 24.3 Equitable EQH 4 37.13 24.61 28.70 -4.09 -12.5
AmerisourceBrgn ABC 21 174.63 127.94 165.71 32.82 24.7 BeachbodyWt BODY.WS ... 0.40 0.04 0.04 -0.23 -84.6 CaliforniaRscs CRC 3 51.46 35.95 43.51 0.80 1.9 Cosan CSAN 24 20.97 11.36 13.06 -2.61 -16.7 EquitransMdstm ETRN dd 11.22 5.87 6.70 -3.64 -35.2
Ametek AME 29 147.52 106.17 139.72 -7.32 -5.0 BeardEnerTran BRD.U ... 10.20 9.85 10.20 0.04 0.4 CalWtrSvc CWT 41 71.96 48.46 60.64 -11.22 -15.6 Costamare CMRE 2 18.01 8.55 9.28 -3.37 -26.6 EquityCommnwlth EQC cc 28.84 23.88 24.97 -0.93 -3.6
AmnealPharm AMRX dd 5.11 1.95 1.99 -2.80 -58.5 n BeardEnerA BRD dd 10.38 9.75 10.19 ... ... Calix CALX 96 80.63 31.59 68.43 -11.54 -14.4 CoterraEnergy CTRA 5 36.55 18.39 24.57 5.57 29.3 EquityLife ELS 43 87.70 56.91 64.60 -23.06 -26.3
Ampco-Pitt AP dd 6.67 2.26 2.51 -2.49 -49.8 n BeardEnerWt BRD.WS ... 0.60 0.03 0.08 ... ... CallonPetrol CPE 2 66.48 31.23 37.09 -10.16 -21.5 Coty COTY cc 10.82 5.90 8.56 -1.94 -18.5 EquityResdntl EQR 19 94.32 58.15 59.00 -31.50 -34.8
Amphenol APH 26 88.00 61.67 76.14 -11.32 -12.9 BeazerHomes BZH 2 23.65 9.47 12.76 -10.46 -45.0 CamdenProperty CPT 15 179.35 107.90 111.88 -66.80 -37.4 Coupang CPNG dd 29.65 8.98 14.71 -14.67 -49.9 ErmenegildoZegna ZGN ... 12.06 8.89 10.47 -0.01 -0.1
AmplifyEnergy AMPY 6 10.38 3.10 8.79 5.68 182.6 BectonDicknsn BDX 42 277.29 215.90 254.30 9.12 3.7 Cameco CCJ 99 32.49 18.03 22.67 0.86 3.9 Coursera COUR dd 25.91 9.81 11.83 -12.61 -51.6 ErmenegildoZegnaWt ZGN.WS ... 2.45 1.24 2.10 0.09 4.5
no

n AmpriusTech AMPX ... 26.01 5.64 7.93 ... ... Belden BDC 21 82.83 47.89 71.90 6.17 9.4 CampbellSoup CPB 22 57.77 41.73 56.75 13.29 30.6 CousinsProperties CUZ 12 42.41 21.72 25.29 -14.99 -37.2 EroCopper ERO 9 16.72 8.07 13.75 -1.54 -10.1
n AmpriusTechWt AMPX.WS ... 0.76 0.16 0.29 ... ... BellRing BRBR 34 28.95 20.20 25.64 -2.89 -10.1 CampingWorld CWH 5 41.70 20.55 22.32 -18.08 -44.8 Crane CR 15 114.87 82.14 100.45 -1.28 -1.3 EssentGroup ESNT 5 50.17 34.27 38.88 -6.65 -14.6
Amrep AXR 4 16.72 9.88 11.55 -3.65 -24.0 BenchmarkElec BHE 16 30.00 21.11 26.69 -0.41 -1.5 CanadaGoose GOOS 29 38.12 14.51 17.81 -19.25 -51.9 Crawford A CRD.A dd 8.29 5.13 5.56 -1.93 -25.8 EssentialProp EPRT 24 29.60 18.88 23.47 -5.36 -18.6
n AndrettiAcqn WNNR.U ... 10.39 9.92 10.31 ... ... BensonHill BHIL dd 7.59 2.16 2.55 -4.74 -65.0 CIBC CM 8 66.24 39.40 40.45 -17.83 -30.6 Crawford B CRD.B dd 8.65 5.05 5.31 -2.18 -29.1 EssentialUtil WTRG 27 53.66 38.50 47.73 -5.96 -11.1
n AndrettiAcqnA WNNR cc 10.34 9.84 10.32 ... ... BensonHillWt BHIL.WS ... 1.28 0.23 0.25 -0.98 -79.7 CanNtlRlwy CNI 22 137.19 103.79 118.88 -3.98 -3.2 Credicorp BAP 9 182.11 113.20 135.66 13.59 11.1 EssexProp ESS 38 363.36 205.24 211.92 -140.31 -39.8
n AndrettiAcqnWt WNNR.WS ... 0.40 0.02 0.07 ... ... BerensonAcqnIWt BACA.WS ... 0.53 0.01 0.04 -0.44 -92.4 CanNaturalRes CNQ 7 70.60 42.32 55.53 13.28 31.4 CreditSuisse CS dd 10.56 2.98 3.04 -6.60 -68.5 EsteeLauder EL 41 374.20 186.47 248.11-122.09 -33.0
AngelOakMtg AOMR dd 17.93 4.43 4.73 -11.65 -71.1 BerensonAcqnI BACA.U ... 10.11 9.49 10.11 0.22 2.2 CanPacRlwy CP 30 84.22 65.17 74.59 2.65 3.7 CrescentEnergy CRGY 6 19.65 10.86 11.99 -0.69 -5.4 EthanAllen ETD 6 29.90 19.60 26.42 0.13 0.5
AngloGoldAsh AU 15 26.96 11.94 19.42 -1.56 -7.4 BerensonAcqnI BACA 18 10.43 9.65 10.04 0.37 3.8 Cango CANG dd 3.82 1.22 1.31 -1.83 -58.3 CrescentPoint CPG 3 10.96 5.37 7.15 1.81 33.9 Euronav EURN dd 21.00 7.91 17.04 8.15 91.7
AB InBev BUD 31 67.91 44.51 60.04 -0.51 -0.8 Berkley WRB 16 76.99 53.34 72.57 17.64 32.1 Cannae CNNE dd 36.50 17.11 20.65 -14.50 -41.3 CrestwoodEquity CEQP 84 32.96 22.88 26.19 -1.40 -5.1 EveHolding EVEX dd 13.34 5.30 7.20 -2.98 -29.3
AnnalyCap NLY 3 32.72 15.11 21.08 -10.20 -32.6 BerkHathwy A BRK.A dd544389 393012 468710 18048 4.0 CanoHealth CANO dd 9.75 0.98 1.37 -7.54 -84.6 CrestwoodEqUn CEQPp ... 10.07 8.30 8.66 -1.18 -12.0 EveHoldingWt EVEX.WS ... 1.08 0.18 0.25 -0.66 -72.4
AnnovisBio ANVS dd 23.91 8.38 13.43 -4.15 -23.6 BerkHathwy B BRK.B dd 362.10 259.85 308.90 9.90 3.3 CanoHealthWt CANO.WS ... 3.20 0.16 0.22 -2.17 -90.8 CrossTimbers CRT 14 27.17 11.41 25.44 13.98 122.0 n EVeMobilityA EVE cc 10.30 9.70 10.30 ... ...
AnteroMidstream AM 16 11.61 8.56 10.79 1.11 11.5 BerkshireHills BHLB 17 31.78 23.62 29.90 1.47 5.2 Canon CAJ 13 25.79 20.84 21.68 -2.75 -11.3 CrossAmerPtrs CAPL 13 23.29 18.32 19.83 0.77 4.0 EVeMobilityAcqnUn EVE.U ... 10.28 9.86 10.28 0.27 2.7
AnteroResources AR 5 48.80 15.98 30.99 13.49 77.1 BerryGlobal BERY 10 74.73 44.52 60.43 -13.35 -18.1 CapitalOne COF 5 162.40 86.98 92.96 -52.13 -35.9 CrownCastle CCI 36 209.00 121.71 135.64 -73.10 -35.0 n EVeMobilityWt EVE.WS ... 0.50 0.03 0.05 ... ...
AnywhereRealEst HOUS 4 20.59 5.82 6.39 -10.42 -62.0 BestBuy BBY 12 112.96 60.78 80.21 -21.39 -21.1 Capri CPRI 10 72.37 36.90 57.32 -7.59 -11.7 CrownHoldings CCK dd 130.42 66.00 82.21 -28.41 -25.7 Eventbrite EB dd 18.15 5.30 5.86 -11.58 -66.4
Aon AON 23 341.98 246.21 300.14 -0.42 -0.1 BigLots BIG dd 50.87 12.87 14.70 -30.35 -67.4 CardinalHealth CAH dd 81.57 48.42 76.87 25.38 49.3 CrownPropTech CPTK.U ... 10.80 9.79 10.15 -0.09 -0.9 EvercoreA EVR 7 142.18 78.67 109.08 -26.77 -19.7
AptIncmREIT AIRC 6 55.82 33.62 34.31 -20.36 -37.2 BigBear.ai BBAI dd 16.12 0.58 0.67 -4.99 -88.1 CareTrustREIT CTRE dd 23.59 15.90 18.58 -4.25 -18.6 CrownPropA CPTK cc 10.11 9.80 10.11 0.21 2.1 EverestConsol MNTN.U ... 10.21 9.16 10.21 0.16 1.6
ApartmtInv AIV 4 9.79 5.22 7.12 -0.60 -7.8 BigBear.aiWt BBAI.WS ... 2.14 0.02 0.03 -0.78 -96.2 Carlisle CSL 14 318.71 211.06 235.65 -12.47 -5.0 CubeSmart CUBE 35 57.23 36.82 40.25 -16.66 -29.3 n EverestConsolA MNTN dd 10.23 9.80 10.23 ... ...
ApeironCapital APN.U ... 10.25 9.97 10.24 0.15 1.5 BiglariA BH.A dd 819.98 540.33 687.50 -7.50 -1.1 CarMax KMX 17 130.57 52.10 60.89 -69.34 -53.2 Cullen/Frost CFR 18 160.60 112.67 133.70 7.63 6.1 n EverestConsolWt MNTN.WS ... 0.60 0.01 0.02 ... ...
ApeironCapA APN 32 10.81 9.85 10.26 0.36 3.6 BiglariB BH dd 167.39 110.56 138.80 -3.77 -2.6 Carnival CCL dd 23.86 6.11 8.06 -12.06 -59.9 Culp CULP dd 10.22 3.94 4.59 -4.92 -51.7 EverestRe RE 25 340.66 244.57 331.27 57.35 20.9
ApeironCapWt APN.WS ... 0.50 0.01 0.15 -0.30 -66.7 Bill.com BILL dd 262.17 89.87 108.96 -140.19 -56.3 Carnival CUK dd 22.12 5.43 7.19 -11.30 -61.1 Cummins CMI 18 254.09 184.28 242.29 24.15 11.1 Everi EVRI 8 24.23 13.52 14.35 -7.00 -32.8
APi Group APG dd 26.84 13.09 18.81 -6.96 -27.0 n Biohaven BHVN ... 17.86 5.54 13.88 ... ... CarpenterTech CRS dd 44.96 24.76 36.94 7.75 26.6 Curtiss-Wright CW 25 182.55 124.37 166.99 28.32 20.4 EversourceEner ES 21 94.63 70.54 83.84 -7.14 -7.8
ApolloComRlEst ARI 6 14.55 7.91 10.76 -2.40 -18.2 Bio-RadLab A BIO dd 752.17 344.63 420.49-335.08 -44.3 CarriageSvcs CSV 10 65.16 22.71 27.54 -36.90 -57.3 Cushman&Wkfd CWK 9 23.54 10.04 12.46 -9.78 -44.0 Evertec EVTC 9 50.61 30.17 32.38 -17.60 -35.2
ApolloGlbMgmt APO dd 74.44 45.62 63.79 -8.64 -11.9 Bio-RadLab B BIO.B dd 735.00 355.36 404.66 -318.25 -44.0 CarrierGlobal CARR 10 54.64 33.10 41.25 -12.99 -23.9 CustomTruck CTOS cc 9.40 4.54 6.32 -1.68 -21.0 EvolentHealth EVH dd 39.78 21.36 28.08 0.41 1.5
ApolloStratGrII APGB.U ... 10.10 9.78 10.03 0.07 0.7 BirdGlobal BRDS dd 6.44 0.14 0.18 -5.99 -97.1 Cars.com CARS cc 17.18 8.75 13.77 -2.32 -14.4 CustomTruckWt CTOS.WS ... 2.82 0.17 0.39 -2.15 -84.6 EvoquaWater AQUA 69 48.49 30.44 39.60 -7.15 -15.3
ApolloStratII A APGB 44 10.09 9.66 10.02 0.24 2.5 BirdGlobalWt BRDS.WS ... 1.17 0.01 0.02 -1.01 -98.3 Carter's CRI 11 105.25 62.66 74.61 -26.61 -26.3 CustomersBancorp CUBI 3 76.13 26.43 28.34 -37.03 -56.6 n ExcelerateEner EE cc 31.13 18.31 25.05 ... ...
ApolloStratII Wt APGB.WS ... 1.04 0.02 0.14 -0.81 -85.3 BiteAcqn BITE.U ... 10.21 9.81 10.21 0.28 2.8 Carvana CVNA dd 240.58 3.55 4.74-227.05 -98.0 Express EXPR dd 4.93 0.80 1.02 -2.06 -66.9
AppleHospREIT APLE
AppliedIndlTechs AIT
23 18.69 13.79 15.78 -0.37
18 133.74 88.09 126.03 23.33
-2.3
22.7
BiteAcqn
BiteAcqnWt BITE.WS
BITE cc 10.71 9.64 10.07 0.35
... 0.56 0.01 0.06 -0.46 -88.3
3.6 Catalent
CatchaInvt
CTLT
CHAA.U
19 128.26 40.69 45.01 -83.02
... 10.07 9.69 10.06 0.16
-64.8
1.6
D Expro
ExtraSpaceSt EXR
XPRO dd 19.68 8.82
21 227.18 143.59
18.13 3.78
147.18 -79.55
26.3
-35.1
Aptargroup ATR 31 124.14 90.23 109.98 -12.50 -10.2 BlackHills BKH 18 80.95 59.08 70.34 -0.23 -0.3 CatchaInvtA CHAA ... 10.09 9.69 10.09 0.32 3.3 D&ZMedia DNZ.U ... 10.55 9.53 9.99 0.08 0.8 ExxonMobil XOM 9 114.66 61.21 110.30 49.11 80.3
Aptiv APTV 81 175.91 77.96 93.13 -71.82 -43.5 BlackKnight BKI 19 82.89 52.00 61.75 -21.14 -25.5 Caterpillar CAT 17 245.05 160.60 239.56 32.82 15.9 D&ZMediaA DNZ 34 10.88 9.54 10.00 0.25 2.6
Aramark
ArborRealty ABR
ARMK 55 43.33 28.74 41.34 4.49
7 18.88 11.16 13.19 -5.13
12.2
-28.0
BlackMountain BMAC.U
BlackMountainA BMAC
... 10.50 9.30 10.18 0.03
dd 10.25 9.83 10.20 0.37
0.3
3.8
Cato
Cazoo
CATO
CZOO
dd 18.00 8.40 9.33 -7.83
... 6.21 0.13 0.16 -5.87
-45.6
-97.4
D&ZMediaWt DNZ.WS
DCP Midstream DCP
... 0.62 0.01
8 40.23 25.79
0.05
38.79
-0.53
11.31
-91.1
41.2
F
ArcelorMittal MT 2 37.87 19.25 26.22 -5.61 -17.6 BlackMountainWt BMAC.WS ... 0.47 0.02 0.04 -0.44 -92.4 CazooWt CZOO.WS ... 0.96 ... 0.01 -0.89 -99.1 DHI Group DHX cc 7.57 4.17 5.29 -0.95 -15.2 FastAcqnII FZT.U ... 10.18 9.76 10.13 0.23 2.3
ArchResources ARCH 3 183.53 86.50 142.79 51.47 56.4 BlackSpadeAcqn BSAQ.U ... 10.43 9.70 10.02 0.02 0.2 CedarFairRec FUN 9 62.56 37.58 41.34 -8.72 -17.4 DHT DHT dd 10.64 4.55 8.88 3.69 71.1 FastAcqnII A FZT cc 10.06 9.63 10.01 0.29 3.0
ArcherAviation ACHR dd 6.35 1.62 1.87 -4.17 -69.0 BlackSpadeA BSAQ 83 10.02 9.38 10.00 0.31 3.2 Celanese CE 7 176.50 86.70 102.24 -65.82 -39.2 DRDGOLD DRD 9 10.96 4.66 7.40 -1.08 -12.7 FastAcqnII Wt FZT.WS ... 0.95 0.06 0.67 -0.20 -23.0
ArcherAviationWt ACHR.WS ... 1.21 0.15 0.26 -0.90 -77.8 BlackSpadeWt BSAQ.WS ... 0.78 0.02 0.05 -0.83 -94.3 Celestica CLS 10 13.40 8.21 11.27 0.14 1.3 DTE Energy DTE 20 140.23 100.64 117.53 -2.01 -1.7 n F&GAnnuities FG ... 35.00 9.03 20.01 ... ...
ArcherDaniels ADM 13 98.88 65.64 92.85 25.26 37.4 BlackStoneMin BSM 9 20.24 10.36 16.87 6.54 63.3 CementosPacasm CPAC 9 7.00 4.39 5.16 -1.06 -17.0 DT Midstream DTM 14 61.12 45.58 55.26 7.28 15.2 FB Financial FBK 13 47.40 34.02 36.14 -7.68 -17.5
Archrock AROC 36 10.44 6.28 8.98 1.50 20.1 BlackBerry BB dd 9.49 3.17 3.26 -6.09 -65.1 Cemex CX 6 6.93 3.20 4.05 -2.73 -40.3 D-WaveQuantum QBTS dd 13.23 1.33 1.44 -8.38 -85.3 F45Training FXLV dd 15.78 0.79 2.85 -8.04 -73.8
Arconic ARNC 47 35.74 16.33 21.16 -11.85 -35.9 BlackRock BLK 20 927.48 503.12 708.63-206.93 -22.6 CenovusEnergy CVE 10 24.91 12.27 19.41 7.13 58.1 D-WaveQuantumWt QBTS.WS ... 1.08 0.08 0.11 -0.49 -82.4 Figs FIGS 40 27.82 5.55 6.73 -20.83 -75.6
ArcosDorados ARCO 13 8.44 5.10 8.36 2.53 43.4 BlackSkyTech BKSY dd 5.01 1.00 1.54 -2.95 -65.7 CenovusEnergyWt CVE.WS ... 19.55 7.82 14.58 6.76 86.4 DXC Tech DXC 9 39.65 22.65 26.50 -5.69 -17.7 FMC FMC 24 140.99 98.24 124.80 14.91 13.6
Arcosa ACA 26 65.80 43.42 54.34 1.64 3.1 BlackSkyTechWt BKSY.WS ... 0.64 0.12 0.14 -0.41 -75.5 Centene CNC 24 98.53 73.19 82.01 -0.39 -0.5 Dana DAN dd 25.51 11.17 15.13 -7.69 -33.7 FNB FNB 12 14.71 10.48 13.05 0.92 7.6
ArctosNthStar ANAC.U ... 10.15 9.72 10.09 0.09 0.9 Blackstone BX 21 138.95 71.72 74.19 -55.20 -42.7 CenterPointEner CNP 12 33.50 25.03 29.99 2.08 7.5 Danaher DHR 29 328.57 233.71 265.42 -63.59 -19.3 FreyrBattery FREY dd 16.94 6.42 8.68 -2.50 -22.4
ArctosNorthA ANAC 32 10.11 9.67 10.09 0.32 3.3 BlackstoneMtg BXMT 9 32.91 20.87 21.17 -9.45 -30.9 CenterraGold CGAU 5 10.57 3.77 5.18 -2.50 -32.6 Danaos DAC 2 107.47 51.10 52.66 -21.99 -29.5 FreyrBatteryWt FREY.WS ... 7.10 1.79 2.83 -0.87 -23.5
ArctosNorthWt ANAC.WS ... 0.76 0.01 0.04 -0.72 -94.4 BlendLabs BLND dd 10.22 1.00 1.44 -5.90 -80.4 Centerspace CSR dd 111.48 57.65 58.67 -52.23 -47.1 DanimerScientific DNMR dd 9.35 1.57 1.79 -6.73 -79.0 FTI Consulting FCN 25 190.43 132.36 158.80 5.38 3.5
ArcusBiosci RCUS 22 42.05 16.74 20.68 -19.79 -48.9 BlockHR HRB 11 48.76 21.08 36.51 12.95 55.0 CentraisElBras EBR 14 10.38 5.17 7.93 1.84 30.2 DaqoNewEnergy DQ 2 77.18 32.20 38.61 -1.71 -4.2 Fabrinet FN 22 136.08 74.57 128.22 9.75 8.2
ArdaghMetalPkg AMBP 12 9.80 3.91 4.81 -4.22 -46.7 Block SQ dd 165.20 51.34 62.84 -98.67 -61.1 CentralPacFin CPF 7 30.97 18.59 20.28 -7.89 -28.0 Darden DRI 19 155.25 110.96 138.33 -12.31 -8.2 FactSet FDS 37 486.49 345.92 401.21 -84.80 -17.4
ArdaghMetalWt AMBP.WS ... 2.21 0.33 0.44 -1.55 -77.9 BloomEnergy BE dd 31.47 11.47 19.12 -2.81 -12.8 CentralPuerto CEPU 7 6.33 2.73 5.94 2.81 89.8 DarlingIngred DAR 14 87.59 55.71 62.59 -6.70 -9.7 FairIsaac FICO 42 638.87 340.48 598.58 164.91 38.0
ArdmoreShipping ASC 8 16.32 3.09 14.41 11.03 326.3 BlueApron APRN dd 9.21 0.61 0.83 -5.90 -87.7 CenturyComm CCS 3 82.49 39.00 50.01 -31.78 -38.9 DaVita DVA 11 124.81 65.28 74.67 -39.09 -34.4 FarPeakAcqn FPAC.U ... 10.92 9.86 10.04 -0.62 -5.8
AresAcqn AAC.U ... 10.31 9.80 10.17 0.24 2.4 BlueOwlCapital OWL dd 15.05 8.05 10.60 -4.31 -28.9 CeridianHCM CDAY dd 105.50 43.23 64.15 -40.31 -38.6 DeckersOutdoor DECK 24 402.32 212.93 399.16 32.85 9.0 FarPeakAcqnA FPAC 13 10.08 9.76 10.04 -0.02 -0.2
AresAcqnA AAC 47 10.10 9.70 10.07 0.33 3.4 BluegreenVac BVH 7 36.10 16.24 24.96 -10.14 -28.9 CharahSolutions CHRA dd 58.10 3.90 5.40 -41.90 -88.6 Deere DE 18 448.40 283.81 428.76 85.87 25.0 Farfetch FTCH 4 35.26 3.64 4.73 -28.70 -85.9
AresAcqnWt AAC.WS ... 1.00 0.03 0.47 -0.42 -47.7 BlueLinx BXC 2 100.01 57.49 71.11 -24.65 -25.7 ChargePoint CHPT dd 20.99 8.07 9.53 -9.52 -50.0 DelekLogistics DKL 12 64.47 39.00 45.25 2.52 5.9 FarmlandPtrs FPI 74 16.43 10.62 12.46 0.51 4.3
AresCommRealEst ACRE 11 16.48 9.90 10.29 -4.25 -29.2 BlueRiverAcqn BLUA.U ... 10.08 9.81 10.08 0.21 2.1 CharlesRiverLabs CRL 26 376.78 181.36 217.90 -158.88 -42.2 DelekUS DK 6 35.45 14.71 27.00 12.01 80.1 Fastly FSLY dd 36.62 7.15 8.19 -27.26 -76.9
AresMgmt ARES 77 86.06 53.15 68.44 -12.83 -15.8 BlueRiverA BLUA 64 10.11 9.71 10.09 0.37 3.8 ChartIndustries GTLS 63 242.59 107.68 115.23 -44.26 -27.8 DellTechC DELL 17 61.54 32.90 40.22 -15.95 -28.4 FathomDigital FATH dd 11.50 1.25 1.32 -6.60 -83.3
Argan AGX 25 42.15 31.26 36.88 -1.81 -4.7 BlueRiverWt BLUA.WS ... 0.70 0.01 0.01 -0.59 -97.5 ChathamLodging CLDT dd 15.12 9.59 12.27 -1.45 -10.6 DeltaAir DAL cc 46.27 27.20 32.86 -6.22 -15.9 FathomDigitalWt FATH.WS ... 1.51 0.05 0.08 -0.80 -90.6
ArgoGroup ARGO dd 60.29 19.00 25.85 -32.26 -55.5 BluescapeOpps BOAC.U ... 10.89 9.00 10.03 -0.14 -1.3 CheetahMobile CMCM ... 7.75 1.41 1.84 -5.01 -73.1 Deluxe DLX 12 33.57 15.30 16.98 -15.13 -47.1 FedAgriMtg A AGM.A 7 123.23 87.50 92.32 -27.68 -23.1
ArisWater ARIS cc 23.58 10.63 14.41 1.46 11.3 BluescapeOppsAcqn BOAC 18 10.51 9.71 9.84 0.05 0.5 Chegg CHGG 13 37.64 15.66 25.27 -5.43 -17.7 Denbury DEN 9 104.05 56.59 87.02 10.43 13.6 FedAgriMtg C AGM 8 130.61 90.38 112.71 -11.22 -9.1
AristaNetworks ANET 33 144.50 89.11 121.35 -22.40 -15.6 BluescapeOppsWt BOAC.WS ... 0.85 0.03 0.16 -0.68 -81.0 Chemed CHE 30 530.72 430.16 510.43 -18.61 -3.5 DesignerBrands DBI 5 19.38 9.22 9.78 -4.43 -31.2 FederalRealty FRT 21 140.51 86.43 101.04 -35.28 -25.9
ArlingtonAsset AAIC 45 3.69 2.65 2.93 -0.57 -16.3 Boeing BA dd 229.67 113.02 190.49 -10.83 -5.4 Chemours CC 5 44.95 22.56 30.62 -2.94 -8.8 DesktopMetal DM dd 5.39 1.13 1.36 -3.59 -72.5 FederalSignal FSS 27 50.56 31.86 46.47 3.13 7.2
ArloTech ARLO dd 11.79 2.93 3.51 -6.98 -66.5 BoiseCascade BCC 3 85.17 55.14 68.67 -2.53 -3.6 CherryHillMtg CHMI 2 8.54 4.58 5.80 -2.47 -29.9 Despegar.com DESP dd 12.70 4.44 5.13 -4.66 -47.6 FederatedHermes FHI 13 39.82 27.88 36.31 -1.27 -3.4
ArmadaHoffler AHH 19 15.80 10.04 11.50 -3.72 -24.4 BootBarn BOOT 10 126.69 50.20 62.52 -60.53 -49.2 ChesapeakeUtil CPK 24 146.30 105.79 118.18 -27.63 -18.9 DeutscheBank DB 6 16.70 7.25 11.52 -0.98 -7.8 FedEx FDX 11 266.79 141.92 173.20 -85.44 -33.0
ArmourResREIT ARR dd 10.17 4.38 5.63 -4.18 -42.6 BoozAllen BAH 27 112.55 69.68 104.52 19.73 23.3 Chevron CVX 10 189.68 117.29 179.49 62.14 53.0 DevonEnergy DVN 6 79.40 42.87 61.51 17.46 39.6 Ferguson FERG 13 183.67 99.16 126.97 -52.42 -29.2
ArmstrongWorld AWI 17 117.64 66.86 68.59 -47.53 -40.9 BoqiiHolding BQ dd 5.88 1.00 1.21 -4.08 -77.1 ChewyA CHWY dd 60.51 22.22 37.08 -21.89 -37.1 Diageo DEO 24 223.14 160.09 178.19 -41.95 -19.1 Ferrari RACE 39 271.95 167.45 214.22 -44.60 -17.2
ArrowElec ARW 5 137.95 89.38 104.57 -29.70 -22.1 BorgWarner BWA 12 50.09 31.14 40.25 -4.82 -10.7 Chico'sFas CHS 5 7.30 3.80 4.92 -0.46 -8.6 n DiamondOffshore DO dd 12.04 5.17 10.40 ... ... FidNatlFin FNF 7 54.25 33.17 37.62 -12.54 -25.0
ArtisanPtrsAsset APAM 9 48.49 25.66 29.70 -17.94 -37.7 BorrDrilling BORR dd 6.96 1.75 4.97 2.91 141.3 ChimeraInvt CIM dd 15.61 4.91 5.50 -9.58 -63.5 Diamondrock DRH 22 11.14 7.18 8.19 -1.42 -14.8 FidNatlInfo FIS 44 122.06 56.53 67.85 -41.30 -37.8
Artivion AORT dd 23.43 9.64 12.12 -8.23 -40.4 BostonBeer SAM cc 535.00 287.00 329.52 -175.58 -34.8 ChinaEastrnAir CEA dd 22.92 15.54 20.18 1.68 9.1 DianaShipping DSX 2 6.89 3.31 3.90 0.01 0.3 51TalkOnlineEd COE dd 9.08 3.04 6.30 1.46 30.2
Asana ASAN dd 76.93 12.29 13.77 -60.78 -81.5 BostonOmaha BOC dd 30.94 18.68 26.50 -2.23 -7.8 ChinaGreenAg CGA dd 11.75 3.90 4.04 -5.46 -57.5 Dick's DKS 11 125.15 63.45 120.29 5.30 4.6 FinanceofAm FOA dd 4.31 1.20 1.27 -2.70 -68.0
AsburyAutomotive ABG 5 203.92 138.88 179.25 6.52 3.8 BostonProps BXP 12 133.11 64.43 67.58 -47.60 -41.3 ChinaSoAirlines ZNH dd 35.15 23.50 32.40 2.74 9.2 DieboldNixdorf DBD dd 11.00 1.26 1.42 -7.63 -84.3 FinanceofAmWt FOA.WS ... 0.60 0.05 0.08 -0.30 -79.7
ChinaYuchai CYD 17 14.99 6.73 7.08 -7.84 -52.6 DigitalMedia DMS dd 5.43 1.05 1.34 -3.44 -72.0 FinTechEvol FTEV.U ... 10.97 9.78 10.07 0.18 1.8
Chipotle CMG 481754.561196.281387.49-360.76 -20.6 DigitalMediaWt DMS.WS ... 0.50 0.06 0.11 -0.31 -74.9 FinTechEvolA FTEV 29 10.11 9.64 10.10 0.38 3.9
ChoiceHotels CHH 19 157.00 104.15 112.64 -43.35 -27.8 DigitalRealty DLR 21 177.15 85.76 100.27 -76.60 -43.3 FinVolution FINV 4 5.39 2.68 4.96 0.03 0.6
Explanatory Notes Chubb CB 15 223.05 173.78 220.60 27.29 14.1 DigitalBridge DBRG dd 34.20 10.39 10.94 -22.38 -67.2 FirstAmerFin FAF 12 81.54 43.54 52.34 -25.89 -33.1
Sales figures are unofficial. ChunghwaTel CHT 22 45.87 32.90 36.59 -5.62 -13.3 DigitalOcean DOCN dd 81.38 23.38 25.47 -54.86 -68.3 FirstBanCorp FBP 8 16.62 11.94 12.72 -1.06 -7.7
Adjusted for stock split in past year. The high-low range has been adjusted, and the adjustment is effective with the date of the split. Net Church&Dwight CHD 27 105.28 70.16 80.61 -21.89 -21.4 Dillard's DDS 6 390.80 193.00 323.20 78.18 31.9 FirstCmwlthFin FCF 10 17.63 12.76 13.97 -2.12 -13.2
ChurchillV Wt CCV.WS ... 1.16 0.01 0.08 -0.90 -91.8 DineBrands DIN 12 84.14 61.02 64.60 -11.21 -14.8 FirstHorizon FHN 16 24.92 16.51 24.50 8.17 50.0
change is from previous years adjusted close. ChurchillCapV CCV.U ... 10.41 9.85 9.95 -0.15 -1.5 Dingdong DDL dd 16.71 2.43 4.27 -11.90 -73.6 FirstIndRlty FR 16 66.32 42.91 48.26 -17.94 -27.1
n-Newstock listing in the past trailing 52-weeks; cc-P/E ratio of 100ormore; dd-Indicates loss in the most recent four quarters ChurchillCapV A CCV 21 10.04 9.71 9.94 0.10 1.0 DirectSellingA DSAQ 19 10.29 9.90 10.29 0.36 3.6 FirstMajestic AG dd 14.59 6.31 8.34 -2.77 -24.9
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R6 | Tuesday, January 3, 2023 THE WALL STREET JOURNAL.

JOURNAL REPORT | NEW YORK STOCK EXCHANGE 2022 TRADING SUMMARY

Net Pct Net Pct Net Pct Net Pct Net Pct
Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg
FirstRepBank FRC 15 209.30 106.86 121.89 -84.62 -41.0 HercHoldings HRI 13 175.00 83.43 131.57 -24.98 -16.0 LL Flooring LL 12 17.80 5.46 5.62 -11.45 -67.1 n NaborsEnerWt NETC.WS ... 0.75 0.01 0.06 ... ... PioneerNatRscs PXD 8 288.46 179.80 228.39 46.51 25.6
FirstEnergy FE 19 48.85 35.32 41.94 0.35 0.8 HeritageInsurance HRTG dd 7.37 1.12 1.80 -4.08 -69.4 LSB Inds LXU 6 27.45 9.06 13.30 2.25 20.4 NaborsIndustries NBR dd 207.67 82.50 154.87 73.78 91.0 PiperSandler PIPR 12 187.00 102.60 130.19 -48.32 -27.1
FiscalNote NOTE dd 12.30 4.42 6.33 -3.59 -36.2 HershaHospitality HT 5 12.15 7.46 8.52 -0.65 -7.1 LTC Properties LTC 15 45.49 32.23 35.53 1.39 4.1 NatlBankHoldings NBHC 17 50.00 36.04 42.07 -1.87 -4.3 PitneyBowes PBI 21 6.92 2.30 3.80 -2.83 -42.7
FiscalNoteWt NOTE.WS ... 1.39 0.46 1.23 -0.02 -1.6 Hershey HSY 30 242.63 190.93 231.57 38.10 19.7 L3HarrisTech LHX 36 279.71 202.31 208.21 -5.03 -2.4 NationalFuelGas NFG 10 75.97 58.12 63.30 -0.64 -1.0 PivotalInvIII PICC.U ... 10.09 9.77 10.09 0.19 1.9
Fisker FSR dd 18.20 6.41 7.27 -8.46 -53.8 Hess HES 24 149.83 73.63 141.82 67.79 91.6 LXP Industrial LXP 9 16.11 8.81 10.02 -5.60 -35.9 NationalGrid NGG 11 80.20 47.22 60.32 -12.00 -16.6 PivotalInvtIII A PICC 37 10.17 9.60 10.12 0.38 3.9
FivePoint FPH dd 6.90 1.88 2.33 -4.21 -64.4 HessMidstream HESM 15 35.71 24.33 29.92 2.29 8.3 La-Z-Boy LZB 6 38.16 21.92 22.82 -13.49 -37.2 NatlHealthInv NHI 33 67.16 50.22 52.22 -5.25 -9.1 PlanetFitness PLNT 93 97.33 54.15 78.80 -11.78 -13.0
FiverrIntl FVRR dd 117.00 26.16 29.14 -84.56 -74.4 HewlettPackard HPE 25 17.76 11.90 15.96 0.19 1.2 LabCorp.ofAmerica LH 13 313.99 200.32 235.48 -78.73 -25.1 NatlPrestoInds NPK 22 89.05 59.99 68.46 -13.57 -16.5 PlanetLabs PL dd 7.51 3.70 4.35 -1.80 -29.3
FlameAcqn FLME.U ... 11.08 9.65 10.34 0.32 3.2 Hexcel HXL 46 65.82 47.38 58.85 7.05 13.6 LadderCapital LADR 11 12.70 8.67 10.04 -1.95 -16.3 NatlRetailProp NNN 26 48.90 38.05 45.76 -2.31 -4.8 PlanetLabsWt PL.WS ... 2.08 0.74 0.86 -1.08 -55.7
FlameAcqnA FLME 43 10.15 9.65 10.05 0.33 3.4 HighwoodsProp HIW 12 47.44 24.51 27.98 -16.61 -37.3 LambWeston LW 32 90.60 49.71 89.36 25.98 41.0 NatlStorage NSA 39 69.75 35.37 36.12 -33.08 -47.8 PlayAGS AGS dd 8.68 4.21 5.10 -1.69 -24.9
FlameAcqnWt FLME.WS ... 0.84 0.07 0.65 0.05 8.3 Hillenbrand HI 15 53.72 36.16 42.67 -9.32 -17.9 Lannett LCI dd 1.85 0.39 0.52 -1.10 -67.9 Natura&Co NTCO dd 12.34 3.61 4.33 -4.94 -53.3 PlymouthIndREIT PLYM dd 31.94 15.59 19.18 -12.82 -40.1
FleetCorTech FLT 15 265.30 161.69 183.68 -40.16 -17.9 Hilltop HTH 15 38.23 24.18 30.01 -5.13 -14.6 Lanvin LANV 27 22.81 4.19 9.12 -0.59 -6.1 NaturalGasSvcs NGS dd 15.00 9.11 11.46 0.99 9.5 Polaris PII 13 127.37 91.86 101.00 -8.91 -8.1
FlexLNG FLNG 8 38.24 16.65 32.69 9.20 39.2 HiltonGrandVac HGV 13 55.23 32.12 38.54 -13.57 -26.0 LanvinWt LANV.WS ... 0.66 0.03 0.30 -0.37 -55.2 NaturalGrocers NGVC 10 24.25 8.88 9.14 -5.11 -35.9 Pontem PNTM.U ... 10.41 9.77 10.11 0.03 0.3
Floor&Decor FND 27 131.88 59.91 69.63 -60.38 -46.4 Hilton HLT 33 167.99 108.41 126.36 -29.63 -19.0 LaredoPetrol LPI 1 120.86 48.79 51.42 -8.71 -14.5 NaturalResPtrs NRP 4 54.33 32.38 54.33 20.91 62.6 PontemA PNTM 36 10.11 9.72 10.11 0.31 3.2
FlotekIndustries FTK dd 1.97 0.68 1.12 -0.01 -0.9 Hims&HersHealth HIMS dd 7.45 2.72 6.41 -0.14 -2.1 LasVegasSands LVS dd 49.73 28.88 48.07 10.43 27.7 Natuzzi NTZ 12 16.09 4.40 7.69 -8.24 -51.7 PontemWt PNTM.WS ... 0.93 0.01 0.08 -0.81 -91.0
FlowersFoods FLO 28 30.16 24.15 28.74 1.27 4.6 Hippo HIPO dd 71.25 11.30 13.60 -57.15 -80.8 Lazard LAZ 7 46.74 30.20 34.67 -8.96 -20.5 NatWest NWG 10 7.53 4.71 6.46 -0.12 -1.8 PortlandGenElec POR 18 57.03 41.58 49.00 -3.92 -7.4
Flowserve FLS 48 37.59 23.89 30.68 0.08 0.3 HippoWt HIPO.WS ... 0.52 ... 0.03 -0.45 -93.3 Lear LEA 32 195.43 114.67 124.02 -58.93 -32.2 Nautilus NLS dd 6.47 1.23 1.53 -4.60 -75.0 PostHoldings POST 7 95.83 61.67 90.26 16.50 22.4
Fluor FLR dd 36.06 19.80 34.66 9.89 39.9 HireRight HRT 8 18.95 6.88 11.86 -4.14 -25.9 LearnCW LCW.U ... 10.25 9.82 10.12 ... -0.0 NavigatorHldgs NVGS dd 15.21 8.25 11.96 3.09 34.8 PostHldgsPtr PSPC.U ... 10.25 9.58 10.06 -0.16 -1.6
FomentoEconMex FMX 30 84.33 58.73 78.12 0.41 0.5 Holley HLLY 3 14.68 1.88 2.12 -10.87 -83.7 LearnCWInvtA LCW 17 10.18 9.67 10.10 0.11 1.1 NaviosMaritime NM dd 4.78 1.53 1.75 -1.94 -52.6 PostHldgsA PSPC 45 10.07 9.60 9.93 0.13 1.3
FootLocker FL 9 47.42 23.85 37.79 -5.84 -13.4 HolleyWt HLLY.WS ... 4.50 0.19 0.27 -3.68 -93.2 LearnCWInvtWt LCW.WS ... 0.62 0.02 0.06 -0.45 -88.3 NaviosMaritime NMM 1 37.16 19.71 25.96 0.87 3.5 PostHldgsWt PSPC.WS ... 1.02 0.04 0.08 -0.77 -90.6
FordMotor F 5 25.87 10.61 11.63 -9.14 -44.0 HollyEnergy HEP 11 20.00 15.12 18.12 1.63 9.9 Leggett&Platt LEG 12 43.63 30.28 32.23 -8.93 -21.7 Nelnet NNI 7 99.49 72.94 90.75 -6.93 -7.1 PostalRealty PSTL cc 19.99 14.14 14.53 -5.27 -26.6
ForestRoad II FRXB.U ... 10.07 9.70 10.06 0.15 1.5 HomeBancShares HOMB 16 26.20 19.83 22.79 -1.56 -6.4 Leidos LDOS 22 111.12 81.07 105.19 16.29 18.3 NerdyA NRDY 20 5.61 1.59 2.25 -2.25 -50.0 PowerSchool PWSC dd 23.42 10.60 23.08 6.61 40.1
ForestRoadII A FRXB 30 10.04 9.67 10.04 0.30 3.1 HomeDepot HD 19 417.84 264.51 315.86 -99.15 -23.9 LejuHoldings LEJU dd 10.70 1.18 1.33 -7.72 -85.3 NerdyWt NRDY.WS ... 1.40 0.18 0.23 -0.67 -74.4 PrecisionDrilling PDS dd 87.36 35.88 76.70 41.27 116.5
ForestRoadAcqnIIWt FRXB.WS ... 0.86 0.01 0.33 -0.45 -57.2 HondaMotor HMC 7 32.15 21.43 22.86 -5.59 -19.6 Lemonade LMND dd 44.50 12.82 13.68 -28.43 -67.5 Netstreit NTST cc 23.86 17.07 18.33 -4.57 -20.0 PrestigeCnsHlth PBH 15 64.05 48.51 62.60 1.95 3.2
Forestar FOR 4 22.60 10.28 15.41 -6.34 -29.1 HoraceMannEdu HMN 28 42.95 32.60 37.37 -1.33 -3.4 LendingClub LC 3 26.87 8.24 8.80 -15.38 -63.6 Nevro NVRO dd 93.69 34.70 39.60 -41.47 -51.2 PrimeImpactI PIAI.U ... 11.08 9.89 10.22 0.22 2.2
ForgeGlobal FRGE dd 47.50 1.26 1.73 -8.11 -82.4 HorizonGlobal HZN dd 8.75 0.30 0.39 -7.59 -95.1 Lennar A LEN 6 116.36 62.54 90.50 -25.66 -22.1 NewJerseyRscs NJR 17 51.42 37.79 49.62 8.56 20.8 PrimeImpactI A PIAI 38 10.28 9.80 10.26 0.42 4.3
ForgeRock FORG dd 27.61 11.94 22.77 -3.92 -14.7 HormelFoods HRL 25 55.11 44.21 45.55 -3.26 -6.7 Lennar B LEN.B 5 96.42 52.67 74.78 -20.84 -21.8 NewOrientalEduc EDU dd 42.19 8.40 34.82 13.82 65.8 PrimeImpactIWt PIAI.WS ... 0.62 0.01 0.02 -0.52 -96.3
Fortis FTS 19 51.66 34.76 40.04 -8.23 -17.0 DR Horton DHI 5 108.64 59.25 89.14 -19.31 -17.8 LennoxIntl LII 18 324.04 182.85 239.23 -85.13 -26.2 NewRelic NEWR dd 110.96 41.66 56.45 -53.51 -48.7 Primerica PRI 20 159.47 110.22 141.82 -11.45 -7.5
Fortive FTV 34 76.53 52.47 64.25 -12.04 -15.8 HoulihanLokey HLI 16 122.62 74.18 87.16 -16.36 -15.8 LeoHoldingsII LHC.U ... 10.46 9.54 10.11 0.15 1.5 NewYorkCityReit NYC dd 13.75 1.70 1.77 -8.84 -83.3 PrimoWater PRMW dd 17.91 12.15 15.54 -2.09 -11.9
FortressCap FCAX.U ... 10.08 9.81 9.90 0.01 0.1 Hovnanian HOV 1 130.50 33.20 42.08 -85.21 -66.9 LeoHldgsII A LHC 46 10.11 9.69 10.09 0.34 3.5 NY CmntyBcp NYCB 7 13.56 8.17 8.60 -3.61 -29.6 ProAssurance PRA 53 27.55 16.90 17.47 -7.83 -30.9
FortressCapA FCAX 27 10.31 9.71 10.10 0.34 3.5 HowardHughes HHC 16 105.51 50.90 76.42 -25.36 -24.9 LeviStrauss LEVI 11 25.25 13.57 15.52 -9.51 -38.0 NYTimes A NYT 31 48.42 27.59 32.46 -15.84 -32.8 ProcoreTech PCOR dd 80.81 40.00 47.18 -32.79 -41.0
FortressCapWt FCAX.WS ... 1.00 ... ... -0.78 -99.5 HowmetAerospace HWM 39 39.78 29.35 39.41 7.58 23.8 Li-Cycle LICY dd 10.28 4.48 4.76 -5.20 -52.2 NewMarket NEU 15 360.77 280.28 311.11 -31.61 -9.2 Procter&Gamble PG 26 165.35 122.18 151.56 -12.02 -7.3
FortunaSilver FSM 28 4.67 2.05 3.75 -0.15 -3.8 Hubbell HUBB 22 263.30 170.21 234.68 26.41 12.7 LibertyEnergy LBRT 16 20.05 9.74 16.01 6.31 65.1 Newmont NEM 37 86.37 37.45 47.20 -14.82 -23.9 Progressive PGR 92 134.50 100.81 129.71 27.06 26.4
FortuneBrandsInnov FBIN 10 92.65 45.25 57.11 -34.25 -37.5 HubSpot HUBS dd 659.24 245.03 289.13-370.02 -56.1 LifeStorage LSI 24 153.77 96.95 98.50 -54.68 -35.7 NewparkResources NR dd 4.81 2.38 4.15 1.21 41.2 Prologis PLD 21 174.54 98.03 112.73 -55.63 -33.0
ForumEnergyTech FET dd 32.00 16.41 29.50 13.45 83.8 HudbayMinerals HBM 17 8.75 3.08 5.07 -2.18 -30.1 LifeTime LTH dd 18.55 8.75 11.96 -5.25 -30.5 NexaResources NEXA 6 10.54 4.27 6.03 -1.83 -23.3 PropertyGuru PGRU dd 10.10 4.03 4.31 -5.60 -56.5
FourCornersProp FCPT 21 30.13 22.67 25.93 -3.48 -11.8 HudsonPacProp HPP dd 28.66 9.31 9.73 -14.98 -60.6 LightInTheBox LITB cc 1.70 0.72 1.23 0.22 21.8 NexGenEnergy NXE dd 6.56 3.39 4.43 0.06 1.4 ProPetro PUMP dd 16.93 7.25 10.37 2.27 28.0
FourSeasonsEduc FEDU dd 28.40 5.70 7.21 -6.59 -47.7 Humana HUM 23 571.30 351.20 512.19 48.33 10.4 Lightng eMotors ZEV 1 7.29 0.29 0.37 -5.64 -93.9 NexPointRealEst NREF 10 25.98 14.16 15.89 -3.36 -17.5 ProsperityBcshs PB 13 80.46 64.69 72.68 0.38 0.5
Franco-Nevada FNV 35 169.32 109.70 136.48 -1.81 -1.3 HuntingIngalls HII 16 260.02 177.20 230.68 43.94 23.5 LightningWt ZEV.WS ... 1.52 0.02 0.04 -1.17 -96.8 NexPointResidentl NXRT 54 95.04 38.67 43.52 -40.31 -48.1 ProtoLabs PRLB 30 61.14 22.04 25.53 -25.82 -50.3
FrankBSPRealty FBRT dd 16.20 10.34 12.90 -2.04 -13.7 Huntsman HUN 5 41.65 23.54 27.48 -7.40 -21.2 Lightspeed LSPD dd 41.50 12.71 14.30 -26.13 -64.6 Nextdoor KIND dd 8.20 1.82 2.06 -5.83 -73.9 ProvidentFinSvcs PFS 10 26.20 19.18 21.36 -2.86 -11.8
FranklinCovey FC 36 54.70 34.00 46.77 0.41 0.9 HyattHotels H 78 108.10 70.12 90.45 -5.45 -5.7 EliLilly LLY 55 375.25 231.87 365.84 89.62 32.4 NextEraEnergy NEE 43 93.65 67.22 83.60 -9.76 -10.5 PrudentialFin PRU cc 124.22 85.46 99.46 -8.78 -8.1
FranklinRscs BEN 10 36.45 20.24 26.38 -7.11 -21.2 Hyliion HYLN dd 6.54 2.17 2.34 -3.86 -62.3 LincolnNational LNC dd 76.40 28.61 30.72 -37.54 -55.0 NextEra6.219%Un NEEpQ ... 58.26 45.07 50.49 -7.42 -12.8 Prudential PUK 18 36.84 18.20 27.48 -6.95 -20.2
FreedomAcqnI FACT.U ... 10.53 9.78 10.12 0.30 3.1 HysterYaleMatls HY dd 45.96 20.99 25.31 -15.79 -38.4 Linde LIN 43 352.18 262.47 326.18 -20.25 -5.8 n NextEraEnerUn NEEpR ... 51.25 43.07 50.19 ... ... PublicServiceEnt PEG 45 75.61 52.51 61.27 -5.46 -8.2
FreedomI A FACT 79 10.10 9.68 10.10 0.42 4.3 Lindsay LNN 27 183.08 116.77 162.85 10.85 7.1 NextEraEnergyUn NEEpP ... 57.10 45.39 50.70 -6.84 -11.9 PublicStorage PSA 11 421.76 270.73 280.19 -94.37 -25.2
FreedomI Wt FACT.WS
FreeportMcM FCX
... 0.69
14 51.99
0.10
24.80
0.20
38.00
-0.37
-3.73
-64.9
-8.9
I LionElectric LEV
n LionElectricWt LEV.WS.A
9 10.18 1.83 2.24 -7.70 -77.5 NextEraEnergy NEP
NexTierOilfield NEX
14
12
86.06 61.31 70.09
12.50 3.56 9.24
-14.31
5.69
-17.0
160.3
PulteGroup PHM 5 58.09 35.03 45.53 -11.63 -20.3
... 0.71 0.20 0.70 ... ... PureStorage PSTG cc 36.71 21.89 26.76 -5.79 -17.8
FreseniusMed FMS 12 35.04 12.79 16.34 -16.12 -49.7 IAA IAA 19 51.12 31.32 40.00 -10.62 -21.0 LionElectricWt LEV.WS ... 2.95 0.20 0.45 -2.29 -83.7 NicoletBankshares NIC 13 98.20 69.46 79.79 -5.96 -7.0 PyrophyteAcqn PHYT.U ... 10.43 10.01 10.11 -0.04 -0.3
FreshDelMonte FDP 18 31.44 22.63 26.19 -1.41 -5.1 ICICI Bank IBN 20 23.75 16.36 21.89 2.10 10.6 LionsGate A LGF.A dd 18.84 5.46 5.71 -10.93 -65.7 Nike NKE 33 167.91 82.22 117.01 -49.66 -29.8 PyrophyteAcqn PHYT 24 10.47 9.86 10.33 0.46 4.7
Frontline FRO 10 14.85 6.10 12.14 5.07 71.7 ICL Group ICL 4 12.96 7.09 7.31 -2.36 -24.4 LionsGate B LGF.B dd 17.29 5.19 5.43 -9.96 -64.7 NineEnergy NINE dd 14.68 0.91 14.53 13.53 1353.0 PyrophyteAcqnWt PHYT.WS ... 0.70 0.02 0.07 -0.49 -86.7
fuboTV FUBO dd 16.65 1.61 1.74 -13.78 -88.8 IDACORP IDA 22 118.92 93.53 107.85 -5.46 -4.8 LithiaMotors LAD 5 349.61 180.00 204.74 -92.21 -31.1 NiSource NI 18 32.59 23.78 27.42 -0.19 -0.7 Q2Holdings QTWO dd 81.56 20.93 26.87 -52.57 -66.2
FullTruck YMM dd 10.16 4.12 8.00 -0.37 -4.4 IDT IDT 18 46.70 21.68 28.17 -15.99 -36.2 LithiumAmericas LAC dd 40.39 18.42 18.95 -10.17 -34.9 NiSourceUn NIMC ... 122.10 96.63 103.26 -8.73 -7.8 Qiagen QGEN 25 55.12 40.38 49.87 -5.71 -10.3
FullerHB FUL 20 81.55 57.36 71.62 -9.38 -11.6 IHS Holding IHS dd 14.23 4.91 6.15 -7.95 -56.4 LiveNationEnt LYV 96 126.79 65.05 69.74 -49.95 -41.7 NoahHoldings NOAH 6 33.57 11.78 15.50 -15.19 -49.5 QuadGraphics QUAD dd 7.55 2.12 4.08 0.08 2.0
FusionAcqnII FSNB.U ... 10.05 9.14 10.03 0.14 1.4 ING Groep ING ... 15.97 8.14 12.17 -1.75 -12.6 LiveOakBcshs LOB 7 92.73 27.50 30.20 -57.09 -65.4 Noble NE 30 42.08 22.64 37.71 12.90 52.0 QuakerHoughton KWR 38 245.22 129.06 166.90 -63.88 -27.7
FusionAcqnIIA FSNB 40 10.05 9.65 10.04 0.34 3.5 INNOVATE VATE dd 4.24 0.64 1.87 -1.83 -49.5 LiveOakCrestA LOCC dd 9.97 9.55 9.95 0.20 2.0 Nokia NOK 14 6.34 4.08 4.64 -1.58 -25.4 QuanexBldg NX 9 25.94 18.00 23.68 -1.10 -4.4
FutureFuel FF 16 10.63 5.77 8.13 0.49 6.4 Invesco IVZ 9 25.33 13.20 17.99 -5.03 -21.9 LiveOakCrestview LOCC.U ... 10.22 9.64 9.92 -0.28 -2.7 NomadFoods NOMD 12 26.89 12.50 17.24 -8.15 -32.1 QuantaServices PWR 49 155.00 93.91 142.50 27.84 24.3
IQVIA IQV 33 282.52 165.75 204.89 -77.25 -27.4 LiveOakCrestWt LOCC.WS ... 1.46 0.11 0.18 -1.10 -85.9 NomuraHoldings NMR 13 4.87 3.00 3.75 -0.58 -13.4 QuantumFin QFTA.U ... 10.52 9.83 10.05 -0.38 -3.6
G IRSA IRS 5 5.77 3.16 4.78 0.52 12.2 LiveOakMobility LOKM.U ... 10.76 9.74 10.62 0.62 6.2 NordicAmTankers NAT
Nordstrom JWN
dd
8
3.94 1.40 3.06
29.59 15.53 16.14
1.37
-6.48
81.1
-28.6
QuantumFin QFTA 37 10.05 9.83 10.05 0.16 1.6
IRSA Wt IRS.WS ... 0.67 0.12 0.23 0.05 29.1 LiveOakMobilityA LOKM 30 10.07 9.67 10.05 0.28 2.9 QuantumScape QS dd 23.68 5.11 5.67 -16.52 -74.4
GATX GATX 23 127.58 84.96 106.34 2.15 2.1 ITT ITT 19 105.01 63.77 81.10 -21.09 -20.6 LiveOakMobilWt LOKM.WS ... 1.20 0.05 0.14 -1.01 -87.8 NorfolkSouthern NSC 18 298.99 203.65 246.42 -51.29 -17.2 Qudian QD dd 2.18 0.63 0.95 -0.02 -1.7
GEO Group GEO 21 12.44 5.21 10.95 3.20 41.3 IamGold IAG dd 3.77 0.92 2.58 -0.55 -17.6 Livent LTHM 20 36.38 19.35 19.87 -4.51 -18.5 NorthAmConstr NOA 10 16.12 9.20 13.37 -1.73 -11.5 QuestDiag DGX 15 172.50 120.40 156.44 -16.57 -9.6
GFLEnvironmental GFL dd 38.05 23.10 29.23 -8.62 -22.8 IberePharm IBER.U ... 10.67 9.80 10.00 -0.02 -0.2 LiveRamp RAMP dd 51.08 15.37 23.44 -24.51 -51.1 NoEuroOil NRT 10 20.72 9.78 12.69 2.68 26.8 QuotientTech QUOT dd 7.92 1.68 3.43 -3.99 -53.8
GFL Env Un GFLU ... 86.95 53.49 64.69 -22.26 -25.6 IberePharmA IBER 28 10.10 9.69 10.09 0.37 3.8 LiveWire LVWR 12 12.27 4.20 4.85 -5.14 -51.5 NorthernGenesisIII NGC.U ... 10.35 9.77 10.02 0.05 0.5
GMS
GOL Linhas GOL
GMS 7 61.60 36.10
dd 7.94 2.31
49.80 -10.31
2.67 -3.38
-17.2
-55.9
IberePharmWt IBER.WS
IconicSports ICNC.U
... 0.58
... 10.51
0.01 0.02 -0.52
10.02 10.40 0.29
-96.7
2.9
LiveWireWt LVWR.WS
LloydsBanking LYG
... 1.18 0.19 0.28
... 3.00 1.70 2.20
-0.86
-0.35
-75.8
-13.7
NorthernGenIII NGC
NorthernGenIII Wt NGC.WS
38
...
10.04 9.62 10.04
0.90 0.02 0.08
0.32
-0.81 -90.6
3.3
R
GSK GSK 4 47.82 28.46 35.14 -9.75 -21.7 IconicSportsA ICNC 16 10.34 9.85 10.34 0.41 4.1 loanDepot LDI dd 5.57 1.25 1.65 -3.15 -65.6 NorthernOil&Gas NOG 4 39.10 20.02 30.82 10.24 49.8
RBC Bearings RBC 76 264.94 152.90 209.35 7.38 3.7
GSquaredII GSQB.U ... 10.18 9.82 10.12 0.13 1.3 IconicSportsWt ICNC.WS ... 0.60 0.03 0.13 -0.45 -76.8 LocalBounti LOCL dd 9.66 1.22 1.39 -5.06 -78.4 NorthernStarII NSTB.U ... 10.06 9.71 10.02 0.20 2.0
RCF Acqn RCFA.U ... 10.25 9.59 10.25 0.15 1.5
GSquaredIIA GSQB 36 10.15 9.70 10.15 0.37 3.8 IDEX IEX 30 246.23 172.19 228.33 -7.99 -3.4 LocalBountiWt LOCL.WS ... 2.05 0.09 0.16 -0.51 -75.4 NorthernStrII A NSTB 21 10.05 9.67 10.02 0.32 3.3
n RCF Acqn A RCFA 15 10.31 9.80 10.26 0.42 4.2
GSquaredIIWt GSQB.WS ... 0.66 0.02 0.04 -0.56 -93.3 iHuman IH 14 3.47 1.10 2.60 -0.20 -7.1 LockheedMartin LMT 22 498.95 353.03 486.49 131.08 36.9 NorthernStrII Wt NSTB.WS ... 0.66 0.01 0.06 -0.57 -89.8
n RCF Acqn Wt RCFA.WS ... 0.76 0.07 0.07 -0.53 -87.7
G Squared I GSQD.U ... 10.08 9.28 10.08 0.02 0.2 IllinoisToolWks ITW 25 249.81 173.52 220.30 -26.50 -10.7 Loews L 15 68.20 49.36 58.33 0.57 1.0 NorthernStrIII A NSTC 30 10.05 9.65 10.05 0.30 3.1
RELX RELX 26 32.34 23.39 27.72 -4.89 -15.0
GSquaredI A GSQD 34 10.13 9.79 10.11 0.23 2.3 IMAX LomaNegra LOMA 16 7.12 4.45 6.85 0.18 2.7 NorthernStrIV A NSTD 34 10.38 9.67 10.05 0.31 3.2
Imax dd 21.25 12.13 14.66 -3.18 -17.8 RE/MAX RMAX 34 31.91 17.03 18.64 -11.85 -38.9
GXO Logistics GXO 24 92.04 32.10 42.69 -48.14 -53.0 IndependenceContr ICD LouisianaPacific LPX 4 79.77 48.20 59.20 -19.15 -24.4 NorthernStrIV Wt NSTD.WS ... 0.90 0.01 0.02 -0.84 -97.3
dd 7.40 2.77 3.27 0.27 9.0 REV REVG 49 16.38 9.50 12.62 -1.53 -10.8
Gallagher AJG 37 201.51 147.32 188.54 18.87 11.1 IndepRealty IRT LOW 20 260.83 170.12 199.24 -59.24 -22.9 NorthernStarIII NSTC.U ... 10.13 9.27 10.02 0.10 1.0
28 28.42 15.04 16.86 -8.97 -34.7 Lowe's RH RH 13 556.59 207.37 267.19-268.75 -50.1
GameStop GME dd 49.85 16.98 18.46 -18.64 -50.2 IndustrsBachoco IBA LufaxHolding LU 2 7.05 1.26 1.94 -3.69 -65.5 NorthernStarIV NSTD.U ... 10.05 9.75 10.04 0.13 1.3
8 54.24 36.98 50.99 8.45 19.9 RLI RLI 10 134.81 96.22 131.27 19.17 17.1
Gannett GCI dd 6.38 1.25 2.03 -3.30 -61.9 n InfiniteAcqnA NFNT LumenTech LUMN 3 13.93 4.99 5.22 -7.33 -58.4 NorthropGrum NOC 16 556.27 364.62 545.61 158.54 41.0
dd 10.35 9.72 10.25 ... ... RLJ Lodging RLJ dd 15.45 9.84 10.59 -3.34 -24.0

.
GaotuTechedu GOTU 17 4.23 0.64 2.36 0.42 21.6 InfiniteAcqnUn NFNT.U LumentFinance LFT 10 3.96 1.84 1.90 -1.94 -50.5 NorthwestNat NWN 18 57.63 42.37 47.59 -1.19 -2.4
... 10.23 9.90 10.20 0.13 1.3
NorwegCruise NCLH RLX Tech RLX 9 4.09 0.90 2.30 -1.60 -41.0
Gap GPS 72 19.06 7.79 11.28 -6.37 -36.1 n InfiniteAcqnWt NFNT.WS ... 0.70 0.03 0.07 ... ... Luxfer LXFR 15 20.20 12.71 13.72 -5.59 -28.9 dd 23.90 10.31 12.24 -8.50 -41.0
RPC RES 13 12.91 4.51 8.89 4.35 95.8

ly
Garmin GRMN 18 138.25 76.37 92.29 -43.88 -32.2 n InFinTAcqnA IFIN LyondellBasell LYB 6 117.22 71.46 83.03 -9.20 -10.0 NouveauMonde NMG dd 8.81 3.38 3.82 -3.17 -45.4
dd 10.40 9.83 10.36 ... ...
NVS RPM RPM 24 106.50 74.56 97.45 -3.55 -3.5
Gartner IT 36 358.25 221.39 336.14 1.82 0.5 InFinTAcqnUn IFIN.U ... 10.80 9.74 10.80 0.78 7.7 Novartis 9 94.26 74.09 90.72 3.25 3.7
RPTRealty RPT cc 14.37 7.28 10.04 -3.34 -25.0
GasLogPartners GLOP
GatesIndustrial GTES
dd 8.55 3.24
17 16.87 9.40
6.66 2.40
11.41 -4.50
56.3
-28.3
n InFinTAcqnWt IFIN.WS
Informatica INFA
... 0.55 0.02 0.08 ... ... M NovoNordisk NVO
NuHoldings NU
40
dd
135.86 91.51 135.34
11.83 3.26 4.07
23.34
-5.31
20.8
-56.6
n RXO RXO 15 25.50 14.75 17.20 ... ...
dd 37.76 15.37 16.29 -20.69 -55.9
NuSkinEnts NUS RadianGroup RDN 4 24.84 17.84 19.07 -2.06 -9.7
GatosSilver GATO dd 11.70 2.20 4.09 -6.29 -60.6 Infosys INFY 25 26.39 16.39 18.01 -7.30 -28.8 M&T Bank MTB 14 193.42 138.43 145.06 -8.52 -5.5 57 56.76 29.95 42.16 -8.59 -16.9
Rafael RFL dd 5.44 1.60 1.87 -3.23 -63.3
Gelesis GLS dd 12.23 0.22 0.29 -9.67 -97.1 IngersollRand IR MBI Nucor NUE 4 187.90 88.50 131.81 17.66 15.5
34 62.64 39.28 52.25 -9.62 -15.5 dd 17.90 8.91 12.85 -2.94 -18.6 RL
GelesisWt
GencoShipping GNK
Generac
GeneralDynamics GD
GeneralElec
GLS.WS

GNRC

GE
n GeneralElectricWi GEw
... 0.78
3 27.15 11.92
15 353.98 86.29
21 256.86 200.65
dd 103.73 59.93
... 64.99 58.50
... 0.01 -0.62
15.36 -0.64
100.66 -251.26
248.11 39.64
83.79 -10.68
64.40 ...
-98.6
-4.0
-71.4
19.0
-11.3
...
Ingevity
Ingredion

Innovid
InnovidWt
InsightAcqn INAQ.U
NGVT
INGR
InnovativeIndProp IIPR
CTV
CTV.WS
on
12 79.79
15 101.89
19 265.28
dd 7.49
... 1.32
56.31 70.44 -1.26
78.81 97.93 1.29
87.47 101.35 -161.56
1.55 1.71 -4.94
0.18 0.40 -0.71
-1.8
1.3
-61.5
-74.3
-64.0
MBIA
MDC Holdings MDC
MDU Rscs
MFA Financial MFA
MDU

MGIC Investment MTG

MGM Resorts MGM
MHO
4 56.53 27.04 31.60 -24.23
18 32.19 24.92 30.34 -0.50
dd 18.88 7.15 9.85 -8.39
5 16.84 11.38 13.00 -1.42
11 49.00 26.41 33.53 -11.35
-43.4
-1.6
-46.0
-9.8
-25.3
NuScalePower SMR
NuScalePowerWt SMR.WS
NuSTAREnergy NS
Nutrien
NuvationBio NUVB
NTR

NuvationBioWt NUVB.WS
dd
...
43

dd
5

...
15.85 8.87 10.26
4.28 0.77 1.59
18.05 12.80 16.00
117.25 67.23 73.03
8.88 1.59 1.92
1.72 0.06 0.14
0.23
0.34
0.12
-2.17
-6.58
-1.75
2.3
27.2
0.8
-2.9
-77.4
-92.4
RalphLauren
RangeResources RRC
RangerEnergySvcs RNGR
Ranpak
RaymondJames RJF
PACK

RayonierAdvMatls RYAM
15 135.99
5 37.44
9 11.87
dd 39.91
15 126.00
dd 9.64
82.23 105.67 -13.19
16.71 25.02 7.19
8.40 11.01 0.74
2.90 5.77 -31.81
84.86 106.85 6.45
2.44 9.60 3.89
-11.1
40.3
7.2
-84.6
6.4
68.1
... 10.06 9.77 10.06 0.07 0.7 MI Homes 3 62.81 34.33 46.18 -16.00 -25.7
nVentElectric NVT Rayonier RYN 58 45.87 29.51 32.96 -7.40 -18.3
GeneralMills GIS 18 88.34 61.67 83.85 16.47 24.4 InsightAcqnA INAQ 26 10.10 9.69 10.08 0.32 3.2 MinisoGroup MNSO 24 13.00 4.45 10.73 0.39 3.8
21 40.52 29.19 38.47 0.47 1.2
RaytheonTech RTX
us ,

34 106.02 80.27 100.92 14.86 17.3

GeneralMotors GM 6 67.21 30.33 33.64 -24.99 -42.6 InsightAcqnWt INAQ.WS MOGU
n GenerationAsiaI GAQ.U ... 10.24 9.46 10.02 ... ... NSP
... 0.52
29 121.75
... 0.01 -0.51
83.94 113.60 -4.51
-98.9
-3.8
MOGU
MPLX
... 5.64 1.41 2.47 -2.09 -45.8
O ReadyCapital RC
O
5 16.43 9.69 11.14 -4.49 -28.7
l

Insperity MPLX 9 35.49 27.46 32.84 3.25 11.0 RealtyIncome 59 75.40 55.50 63.43 -8.16 -11.4
n GenAsia I A GAQ 43 10.44 9.66 10.12 ... ... InspireMedical INSP dd 272.04 142.74 251.88 21.82 9.5 MP Materials MP 17 60.19 23.50 24.28 -21.14 -46.5 Redwire RDW ... 8.78 1.67 1.98 -4.77 -70.7
e
n GenAsia I Wt GAQ.WS ... 0.49 0.01 0.04 ... ... InstalledBldg IBP MRC Global MRC OFGBancorp OFG 9 30.93 24.39 27.56 1.00 3.8
al a

14 140.72 69.44 85.60 -54.12 -38.7 38 13.45 6.94 11.58 4.70 68.3 RedwireWt RDW.WS ... 2.33 0.13 0.16 -1.86 -91.8
Genesco GCO 7 72.34 37.54 46.02 -18.15 -28.3 InsteelInds IIIN 4 47.70 24.00 27.52 -12.29 -30.9 MSA Safety MSA 86 151.98 108.75 144.19 -6.77 -4.5 OGE Energy OGE 8 42.91 33.28 39.55 1.17 3.0
RedwoodTrust RWT dd 13.69 5.51 6.76 -6.43 -48.7
GenesisEnergy GEL dd 13.44 7.61 10.21 -0.50 -4.7 Instructure INST dd 25.98 15.68 23.44 -0.54 -2.3 MSCI MSCI 45 617.13 376.41 465.17 -147.52 -24.1 O-I Glass OI 4 17.94 11.51 16.57 4.54 37.7
RegalRexnord RRX 21 176.91 108.28 119.98 -50.20 -29.5
GenieEnergy GNE 3 11.38 4.83 10.34 4.77 85.6 IntegerHoldings ITGR MSC Industrial MSM ONE Gas OGS 19 92.26 68.86 75.72 -1.87 -2.4
33 88.58 50.05 68.46 -17.13 -20.0 13 87.99 71.33 81.70 -2.36 -2.8 RegionalMgmt RM 4 58.58 26.52 28.08 -29.38 -51.1
GeniusSports GENI dd 8.17 2.20 3.57 -4.03 -53.0 ONEOK OKE 18 75.07 50.50 65.70 6.94 11.8
ci on

IntegratedRail IRRX.U ... 10.52 9.52 10.23 0.18 1.8 M3-BrigadeII MBAC.U ... 11.02 9.44 10.03 -0.24 -2.3 RegionsFin RF 11 25.57 18.01 21.56 -0.24 -1.1
GeniusSportsWt GENI.WS ... 2.36 0.30 0.90 -1.29 -58.9 n IntegratedRailA IRRX M3-Brigade II A MBAC ON24 ONTF dd 17.70 6.95 8.63 -8.72 -50.3
35 10.30 9.80 10.30 ... ... 16 10.09 9.27 10.02 0.11 1.1 Regis RGS dd 2.34 0.50 1.22 -0.52 -29.9
Genpact G 26 54.03 37.68 46.32 -6.76 -12.7 n IntegratedRailWt IRRX.WS M3-BrigadeIIWt MBAC.WS OakStreetHealth OSH dd 34.63 13.29 21.51 -11.63 -35.1
... 0.50 0.06 0.14 ... ... ... 1.19 0.03 0.05 -1.11 -95.3 ReinsGrp RGA 17 148.75 97.61 142.09 32.60 29.8
GenuineParts GPC 21 187.72 115.63 173.51 33.31 23.8 IntegratedWellness WEL.U M3-BrigadeIII MBSC.U OccidentalPetrol OXY 5 77.13 29.15 62.99 34.00 117.3
... 10.50 10.00 10.27 0.19 1.9 ... 10.58 9.88 10.22 0.20 2.0
OccidentalPetrolWt OXY.WS RelianceSteel RS 7 216.76 145.78 202.44 40.22 24.8
GenworthFin GNW 5 5.37 3.43 5.29 1.24 30.6 n IntegratedWellA WEL M3-BrigadeIII A MBSC ... 55.04 12.44 41.23 28.62 227.0
dd 10.33 9.80 10.28 ... ... dd 10.17 9.80 10.14 0.27 2.7
OceaneeringIntl OII RenaissanceRe RNR dd 189.77 124.18 184.23 14.90 8.8
GeoPark GPRK 4 18.52 10.26 15.45 4.00 34.9 n IntegratedWellWt WEL.WS M3-BrigadeIIIWt MBSC.WS dd 18.20 7.25 17.49 6.18 54.6
Gerdau GGB 4 6.62 3.94 5.54 0.62 12.6
... 0.65 ... 0.05 ... ... ... 0.60 0.03 0.42 -0.12 -22.3
OcwenFinancial OCN 3 41.92 17.76 30.58 -9.39 -23.5
ReneSola SOL 11 8.43 3.46 4.52 -1.44 -24.2
ICE ICE 23 137.40 88.60 102.59 -34.18 -25.0 MV Oil MVO 9 16.41 8.20 16.33 7.50 84.9 Renren RENN dd 33.91 1.29 1.60 -13.08 -89.1
Getaround GETR dd 10.17 0.50 0.65 -9.05 -93.3 InterContinentl IHG MYTE Offerpad OPAD dd 6.95 0.38 0.46 -5.94 -92.8
GetaroundWt GETR.WS ... 0.93 0.03 0.05 -0.87 -95.0
25 71.71 47.06 58.34 -6.87 -10.5 Mytheresa dd 22.68 8.29 8.91 -12.30 -58.0
OfferpadWt OPAD.WS ... 1.07 0.01 0.02 -1.05 -97.9
RentokilInit RTO 32 39.27 25.35 30.81 -8.74 -22.1
IntercorpFinSvcs IFS 7 37.64 19.65 23.50 -2.88 -10.9 Macerich MAC dd 19.18 7.40 11.26 -6.02 -34.8 RepublicSvcs RSG 28 149.17 113.57 128.99 -10.46 -7.5
er s

GettyImages GETY dd 37.88 4.51 5.55 -4.35 -43.9 IBM M OilDriAmerica ODC 26 35.71 22.14 33.54 0.81 2.5
GettyRealty GTY 20 35.77 24.66 33.85 1.76 5.5
IBM cc 153.21 115.55 140.89 7.23 5.4 Macy's 4 28.52 15.10 20.65 -5.53 -21.1
OilStatesIntl OIS dd 9.02 3.50 7.46 2.49 50.1 ResideoTech REZI 8 27.46 14.95 16.45 -9.58 -36.8
IntlFlavors IFF dd 151.86 83.14 104.84 -45.81 -30.4 MSG Entertainment MSGE dd 84.57 38.98 44.97 -25.37 -36.1 ResMed RMD 39 262.38 189.40 208.13 -52.35 -20.1
GigCapital5 GIA.U ... 10.82 10.03 10.24 -0.14 -1.3 IntlGameTech IGT MSG Sports MSGS OldRepublic ORI 9 27.19 20.27 24.15 -0.43 -1.7
GigCapital5 GIA dd 10.34 9.81 10.20 0.31 3.1
13 30.84 15.01 22.68 -6.23 -21.5 90 184.59 136.61 183.33 9.60 5.5
Olin OLN 6 67.25 41.33 52.94 -4.58 -8.0 ResoluteForest RFP 4 21.96 11.00 21.59 6.32 41.4
IntlPaper IP 7 50.23 30.69 34.63 -12.35 -26.3 MagellanMid MMP 10 54.40 44.79 50.21 3.77 8.1 RestaurantBrands QSR 21 68.54 46.68 64.67 3.99 6.6
m er

GigCapital5Wt GIA.WS ... 0.60 0.01 0.04 -0.49 -93.3 IntlSeaways INSW MGA Olo OLO dd 21.43 5.74 6.25 -14.56 -70.0
Gildan GIL 8 43.42 25.67 27.40 -14.99 -35.4
14 48.12 13.05 37.02 22.34 152.2 MagnaIntl 17 90.15 45.58 56.18 -24.76 -30.6
OmegaHealthcare OHI 17 33.71 24.81 27.95 -1.64 -5.5 Revolve RVLV 21 63.92 20.17 22.26 -33.78 -60.3
InterPrivateIII IPVF.U ... 10.41 9.79 10.14 -0.56 -5.2 Magnachip MX 11 20.97 8.45 9.39 -11.58 -55.2 RexAmerRes REX 14 37.81 26.05 31.86 -0.14 -0.4
GinkgoBioworks DNA dd 8.77 1.57 1.69 -6.62 -79.7 InterPrivateII A IPVF MagnoliaOil MGY Omnicom OMC 13 91.61 61.31 81.57 8.30 11.3
GinkgoBioworksWt DNA.WS ... 2.42 0.18 0.20 -2.04 -91.1
37 10.21 9.75 10.12 0.21 2.1 5 30.31 18.01 23.45 4.58 24.3
OnHolding ONON ... 40.22 15.44 17.16 -20.65 -54.6 RexfordIndlRealty REXR 59 84.68 48.74 54.64 -26.47 -32.6
InterPrivateIII Wt IPVF.WS ... 1.50 ... 0.07 -1.42 -95.5 MagnumOpus OPA.U ... 10.75 9.81 10.07 -0.33 -3.2 RiceAcqnII RONI.U ... 10.80 9.39 10.50 -0.01 -0.1
GlacierBancorp GBCI 20 60.69 44.43 49.42 -7.28 -12.8 IPG OneLiberty OLP 12 36.60 20.45 22.22 -13.06 -37.0
Interpublic 13 39.98 25.14 33.31 -4.14 -11.1 MagnumOpusA OPA 26 10.13 9.74 10.08 0.16 1.6 RiceAcqnII A RONI 18 10.40 9.71 10.17 0.17 1.7
Glatfelter GLT dd 18.74 2.08 2.78 -14.42 -83.8 IntrepidPotash IPI OneConnectFin OCFT dd 26.70 4.73 5.31 -19.39 -78.5
1 121.72 27.79 28.87 -13.86 -32.4 MagnumOpusWt OPA.WS ... 1.30 0.02 0.02 -1.01 -97.7 RiceAcqnII Wt RONI.WS ... 1.57 0.03 1.25 -0.25 -16.7
Glaukos GKOS dd 64.49 33.33 43.68 -0.76 -1.7 OneMain OMF 4 55.50 28.77 33.31 -16.73 -33.4
m rp

Invacare IVC dd 3.23 0.33 0.42 -2.30 -84.6 ManchesterUnited MANU dd 23.60 10.41 23.33 9.09 63.8 RigelResource RRAC.U ... 10.32 9.96 10.32 0.18 1.8
GlobalBlue GB dd 7.67 3.49 4.63 -1.76 -27.6 IVT OnionGlobal OG dd 2.82 0.19 0.25 -2.27 -90.1
InvenTrust 38 32.93 20.82 23.67 -3.59 -13.2 Manitowoc MTW 19 20.08 7.53 9.16 -9.43 -50.7
OntoInnovation ONTO RigelResourceA RRAC 16 10.33 9.79 10.29 0.49 5.0
GlobalBlueWt GB.WS ... 0.66 0.12 0.31 -0.29 -48.1 IVR 17 106.09 56.02 68.09 -33.14 -32.7
InvescoMtg dd 30.20 9.60 12.73 -15.07 -54.2 Manpower MAN 10 115.54 64.00 83.21 -14.12 -14.5
OOMA RigelResourceWt RRAC.WS ... 1.25 0.10 0.10 -0.50 -83.3
GlblBusTravel GBTG dd 10.01 4.26 6.75 -3.12 -31.6 NVTA Ooma dd 21.25 10.82 13.62 -6.82 -33.4
GlobalCordBlood CO 5 5.50 2.03 2.99 -1.20 -28.7
Invitae dd 15.87 1.67 1.86 -13.41 -87.8 ManulifeFin MFC 6 22.19 14.92 17.84 -1.23 -6.4
Oppenheimer A OPY 8 50.13 28.41 42.33 -4.04 -8.7 RingCentral RNG dd 194.40 28.00 35.40 -151.95 -81.1
InvitatHomes INVH 66 45.72 29.07 29.64 -15.70 -34.6 MarathonOil MRO 5 33.42 16.40 27.07 10.65 64.9 RioTinto RIO 7 84.69 50.91 71.20 4.26 6.4
GlobalIndemnity GBLI 16 27.66 20.52 23.31 -1.82 -7.2 IONQ OppFi OPFI 2 6.68 1.87 2.05 -2.49 -54.8
GlobalIndl GIC 8 41.04 22.26 23.53 -17.37 -42.5
IonQ dd 17.86 3.04 3.45 -13.25 -79.3 MarathonPetrol MPC 5 127.62 64.27 116.39 52.40 81.9
OppFiWt OPFI.WS ... 1.19 0.06 0.10 -0.58 -85.4 Riskified RSKD dd 8.05 3.43 4.62 -3.24 -41.2
IonQWt IONQ.WS ... 7.25 0.60 0.73 -5.76 -88.8 Marcus&Millichap MMI 9 58.33 31.11 34.45 -17.01 -33.1 RitchieBros RBA 21 72.73 48.65 57.83 -3.38 -5.5
GlobalMedREIT GMRE 37 18.51 7.01 9.48 -8.27 -46.6 IronMountain IRM Oracle ORCL 26 89.58 60.78 81.74 -5.47 -6.3
GlobalNetLease GNL cc 16.01 9.82 12.57 -2.71 -17.7
29 58.61 41.67 49.85 -2.48 -4.7 Marcus MCS dd 19.24 13.41 14.39 -3.47 -19.4 Orange ORAN 5 12.71 8.81 9.88 -0.67 -6.4 RiteAid RAD dd 15.62 3.19 3.34 -11.35 -77.3
IronNet IRNT dd 7.12 0.20 0.23 -3.97 -94.5 MariaDBWt MRDB.WS ... 0.85 0.15 0.36 -0.41 -53.5 RithmCapital RITM 4 11.75 6.86 8.17 -2.54 -23.7
GLP 4 36.30 20.23 34.77 11.28 48.0 OrchidIsland ORC dd 23.55 7.95 10.50 -12.00 -53.3
co Fo

GlobalPtrs IRNT.WS
GlobalPayments GPN cc 153.76 92.27 99.32 -35.86 -26.5
IronNetWt ... 2.17 0.01 0.02 -1.05 -98.4 MariaDB MRDB 16 14.45 3.27 3.99 -5.68 -58.7 Organon OGN 7 39.48 22.88 27.93 -2.52 -8.3 RobertHalf RHI 12 125.77 65.40 73.83 -37.69 -33.8
iStar STAR dd 20.79 6.44 7.63 -12.48 -62.1 MarineProducts MPX 11 13.40 7.75 11.77 -0.73 -5.8 Roblox RBLX dd 103.79 21.65 28.46 -74.70 -72.4
GlobalShipLease GSL 2 30.02 14.62 16.65 -6.26 -27.3 ItauCorpBanca ITCB OrionEngCarbons OEC 11 20.63 12.87 17.81 -0.55 -3.0
Globant GLOB 52 318.98 155.01 168.16 -145.93 -46.5
4 3.94 2.50 3.23 0.33 11.4 MarineMax HZO 4 61.06 27.40 31.22 -27.82 -47.1 OrionGroup ORN dd 4.21 2.10 2.38 -1.39 -36.9 RocketCos. RKT 8 15.26 5.97 7.00 -7.00 -50.0
ItauUnibanco ITUB 8 6.07 3.71 4.71 0.96 25.6 Markel MKL dd1519.241064.09 1317.49 83.49 6.8 RocketInternet RKTA.U ... 10.38 8.82 10.07 0.13 1.3
GlobeLife GL 17 122.12 87.87 120.55 26.83 28.6 OrionOffice ONL dd 18.80 8.29 8.54 -10.13 -54.3
GlobusMedical GMED Markforged MKFG dd 5.83 0.78 1.16 -4.21 -78.4 IX RocketInternetA RKTA 39 10.10 9.66 10.10 0.30 3.1
GoDaddy GDDY
49 81.78 52.60
35 88.32 64.65
74.27 2.07
74.82 -10.04
2.9
-11.8 J MarkforgedWt MKFG.WS
MarriottVacations VAC
... 0.98 0.08 0.21 -0.63 -75.0
Orix
OrmatTech ORA 73
8 112.91
101.81
68.78
60.32
80.52
86.48
-21.26
7.18
-20.9
9.1 RockleyPhotonics RKLY dd 5.14 0.14 0.14 -4.21 -96.8
GoGreenInvts GOGN.U ... 10.52 10.04 10.50 0.39 3.9 17 174.74 110.08 134.59 -34.39 -20.4 OscarHealth OSCR dd 10.53 2.05 2.46 -5.39 -68.7 RockleyPhotonicsWt RKLY.WS ... 1.34 0.02 0.05 -1.16 -95.9
GoGreenInvtsA GOGN cc 11.01 9.88 10.38 0.47 4.7 JATT Acqn JATT.U ... 10.32 9.92 10.29 0.25 2.5 Marsh&McLen MMC 25 183.14 142.80 165.48 -8.34 -4.8 Oshkosh OSK 34 125.16 69.30 88.19 -24.52 -21.8 Rockwell ROK 32 349.00 190.08 257.57 -91.28 -26.2
GoGreenInvtsWt GOGN.WS ... 0.47 0.02 0.33 -0.13 -28.3 JattAcqnA JATT 48 10.21 9.80 10.21 0.34 3.4 MartinMarietta MLM 25 446.46 284.99 337.97 -102.55 -23.3 OsirisAcqn OSI.U ... 10.00 9.74 10.00 0.13 1.3 RogersComm B RCI 19 64.55 36.23 46.84 -0.79 -1.7
GoldFields GFI 10 17.20 7.03 10.35 -0.64 -5.8 JattAcqnWt JATT.WS ... 0.49 0.04 0.15 -0.31 -67.4 Masco MAS 13 71.06 42.33 46.67 -23.55 -33.5 OsirisAcqn OSI 63 10.10 9.63 9.95 0.27 2.8 Rogers ROG 31 274.51 98.45 119.34 -153.66 -56.3
GoldenFalconA GFX 29 10.08 9.67 9.99 0.21 2.2 JBG SMITH Prop JBGS 48 31.09 17.39 18.98 -9.73 -33.9 MasonIndlTech MIT.U ... 10.47 9.52 10.00 ... ... OsirisAcqnWt OSI.WS ... 0.57 0.03 0.04 -0.52 -92.7 Rollins ROL 52 43.06 28.50 36.54 2.33 6.8
GoldenFalconUn GFX.U ... 10.56 9.62 10.00 -0.05 -0.5 JELD-WEN JELD 17 27.59 8.38 9.65 -16.71 -63.4 MasonIndlTechA MIT 35 10.00 9.65 9.99 0.23 2.4 OsiskoDevelopment ODV dd 13.38 3.84 4.30 -5.36 -55.5 RoperTech ROP 40 492.35 356.21 432.09 -59.77 -12.2
GoldenFalconWt GFX.WS ... 0.69 0.01 0.15 -0.48 -76.2 J.Jill JILL 8 27.45 12.47 24.80 5.62 29.3 MasoniteIntl DOOR 12 119.32 65.70 80.61 -37.34 -31.7 OsiskoGold OR dd 14.56 9.20 12.07 -0.18 -1.5 RossAcqnII ROSS.U ... 10.72 9.74 10.25 0.23 2.3
GoldmanSachs GS 9 412.66 277.84 343.38 -39.17 -10.2 JPMorganChase JPM 11 169.81 101.28 134.10 -24.25 -15.3 MasTec MTZ 60 99.00 62.36 85.33 -6.95 -7.5 OtisWorldwide OTIS 27 88.22 62.49 78.31 -8.76 -10.1 RossAcqnIIA ROSS 34 10.96 9.66 10.12 0.36 3.7
Gorman-Rupp GRC 44 45.49 22.67 25.62 -18.93 -42.5 Jabil JBL 10 73.79 48.80 68.20 -2.15 -3.1 n MasterBrand MBC ... 15.00 7.18 7.55 ... ... Ouster OUST dd 5.54 0.76 0.86 -4.34 -83.4 RossAcqnIIWt ROSS.WS ... 0.94 0.03 0.05 -0.86 -94.5
Graco GGG 26 80.92 56.48 67.26 -13.36 -16.6 JacksonAcqn RJAC.U ... 10.20 9.64 10.15 0.19 1.9 Mastercard MA 35 399.92 276.87 347.73 -11.59 -3.2 OusterWt OUST.WS ... 1.10 0.07 0.10 -0.96 -91.0 RoyalBkCanada RY 11 119.41 83.63 94.02 -12.12 -11.4
GrafAcqnIV GFOR 34 10.01 9.63 9.95 0.26 2.7 n JacksonAcqnA RJAC 13 10.37 9.70 10.11 ... ... MatadorRscs MTDR 6 73.78 37.01 57.24 20.32 55.0 OutfrontMedia OUT 20 29.36 14.97 16.58 -10.24 -38.2 RoyalCaribbean RCL dd 90.55 31.09 49.43 -27.47 -35.7
GrafAcqnIV GFOR.U ... 10.20 9.71 9.93 ... ... n JacksonAcqnWt RJAC.WS ... 0.56 ... 0.01 ... ... Materion MTRN 24 97.89 64.89 87.51 -4.43 -4.8 OverseasShip OSG 21 3.39 1.70 2.89 1.01 53.7 RubiconTech RBT dd 10.50 1.06 1.78 -8.17 -82.1
GrafAcqnIVWt GFOR.WS ... 1.15 0.05 0.08 -1.07 -92.6 JacksonFinl JXN 0 47.76 23.56 34.79 -7.04 -16.8 Mativ MATV 13 32.03 18.29 20.90 -9.00 -30.1 Ovintiv OVV 4 63.30 33.59 50.71 17.01 50.5 RubiconTechWt RBT.WS ... 0.83 0.03 0.05 -0.72 -94.1
GrafTechIntl EAF 3 12.52 4.07 4.76 -7.07 -59.8 JacobsSolns J 24 150.32 106.78 120.07 -19.16 -13.8 Matson MATX 2 125.34 58.30 62.51 -27.52 -30.6 Owens&Minor OMI 12 49.11 14.10 19.53 -23.97 -55.1 RushStreetInt RSI dd 17.24 2.89 3.59 -12.91 -78.2
JamesHardie JHX MLP
n-

Graham GHM dd 13.97 6.51 9.62 -2.82 -22.7 16 41.64 17.25 17.94 -22.75 -55.9 MauiLand 33 12.36 8.27 9.42 -0.54 -5.4 OwensCorning OC 6 101.12 72.97 85.30 -5.20 -5.7 RyanSpecialty RYAN 90 46.40 32.13 41.51 1.16 2.9
GrahamHoldings GHC 21 675.00 525.58 604.21 -25.62 -4.1 JanusHenderson JHG 10 44.11 19.09 23.52 -18.42 -43.9 MaxarTech MAXR cc 51.93 17.51 51.74 22.21 75.2 Owlet OWLT dd 5.35 0.54 0.56 -2.11 -79.1 RyderSystem R 5 97.26 61.71 83.57 1.14 1.4
Grainger GWW 20 612.06 440.48 556.25 38.01 7.3 JanusIntl JBI 16 12.62 7.95 9.52 -3.00 -24.0 Maximus MMS 22 81.76 54.46 73.33 -6.34 -8.0 OwletWt OWLT.WS ... 0.95 0.01 0.04 -0.35 -89.7 RyersonHolding RYI 2 44.09 17.90 30.26 4.21 16.2
GraniteConstr GVA 29 40.46 25.35 35.07 -3.63 -9.4 JawsMustang JWSM.U ... 10.13 9.75 10.12 0.09 0.9 MayvilleEngg MEC 95 15.33 5.95 12.66 -2.25 -15.1 OxfordIndustries OXM 10 119.50 76.21 93.18 -8.34 -8.2 RymanHospitality RHP 72 101.19 70.47 81.78 -10.18 -11.1
GranitePointMtg GPMT dd 12.33 5.16 5.36 -6.35 -54.2 JawsMustangA JWSM 39 10.12 9.71 10.11 0.35 3.6 McCormick MKC 32 107.35 71.19 82.89 -13.72 -14.2
GraniteREIT GRP.U 7 83.81 45.83 50.99 -32.32 -38.8 JawsMustangWt JWSM.WS
JefferiesFin JEF
...
9
1.06
41.49
0.03
25.88
0.07 -0.96
34.28 -4.52
-93.7
-11.6
McCormickVtg MKC.V
McDonald's MCD
32 107.02 71.92 82.17 -13.22
33 281.67 217.68 263.53 -4.54
-13.9
-1.7 PQ S
GraniteRidge GRNT cc 14.00 8.01 9.03 -0.78 -8.0
no

GraniteRidgeWt GRNT.WS ... 1.80 0.10 1.15 0.47 69.3 JianpuTech JT ... 2.22 0.80 1.59 0.56 54.4 McEwenMining MUX dd 10.20 2.81 5.86 -3.00 -33.9 PBF Energy PBF 2 49.00 13.10 40.78 27.81 214.4 SAP SAP 34 141.69 78.22 103.19 -36.92 -26.4
GraphicPkg GPK 17 24.07 17.99 22.25 2.75 14.1 JinkoSolar JKS cc 76.92 35.41 40.88 -5.08 -11.1 McKesson MCK 27 401.78 237.61 375.12 126.55 50.9 PG&E PCG 19 16.49 9.64 16.26 4.12 33.9 S&P Global SPGI 28 472.83 279.32 334.94 -136.99 -29.0
GravitasEduc GEHI ... 49.40 10.30 11.34 -28.26 -71.4 JobyAviation JOBY dd 7.60 3.15 3.35 -3.95 -54.1 MediaAlpha MAX dd 17.26 7.59 9.95 -5.49 -35.6 PG&EUn PCGU ... 145.53 93.50 144.24 28.56 24.7 SDCLEDGEAcqn SEDA 22 10.14 8.74 10.06 0.32 3.3
GrayTelevision GTN 4 24.81 8.61 11.19 -8.97 -44.5 JobyAviationWt JOBY.WS ... 1.82 0.40 0.48 -1.08 -69.1 MedicalProp MPW 5 24.13 9.90 11.14 -12.49 -52.9 PGT Innovations PGTI 11 23.81 15.42 17.96 -4.53 -20.1 SDCLEDGEAcqnUn SEDA.U ... 10.19 9.73 10.09 0.15 1.5
GrayTelevision A GTN.A 4 23.29 8.50 10.89 -7.50 -40.8 JohnBeanTech JBT 23 163.28 81.59 91.33 -62.23 -40.5 Medifast MED 9 222.00 96.00 115.35 -94.08 -44.9 PHX Minerals PHX 7 4.98 2.09 3.89 1.72 79.3 SDCLEDGEAcqnWt SEDA.WS ... 0.75 0.08 0.16 -0.34 -67.9
GreatAjax AJX dd 13.65 7.02 7.25 -5.91 -44.9 J&J JNJ 25 186.69 155.72 176.65 5.58 3.3 Medtronic MDT 24 114.31 75.77 77.72 -25.73 -24.9 PJT Partners PJT 19 81.41 54.48 73.69 -0.40 -0.5 SeacorMarine SMHI dd 9.90 3.36 9.16 5.76 169.4
GreenBrickPtrs GRBK 4 30.86 16.80 24.23 -6.10 -20.1 JohnsonControls JCI 29 81.45 45.52 64.00 -17.31 -21.3 MemberCollect MCG dd 13.06 3.08 3.74 -9.04 -70.7 PLDT PHI 7 39.00 20.20 22.80 -12.92 -36.2 SES AI SES dd 10.18 3.07 3.15 -6.80 -68.3
GreenDot GDOT 18 38.14 15.03 15.82 -20.42 -56.3 JonesLang JLL 9 275.76 135.35 159.37 -109.97 -40.8 Merck MRK 18 112.89 72.88 110.95 34.31 44.8 PNC Fin PNC 12 228.14 143.52 157.94 -42.58 -21.2 SES AI Wt SES.WS ... 2.34 0.48 0.53 -1.22 -69.8
Greenbrier GBX 24 53.45 23.80 33.53 -12.36 -26.9 JumiaTech JMIA dd 12.53 2.92 3.21 -8.19 -71.8 MercuryGeneral MCY dd 56.94 27.89 34.20 -18.86 -35.5 PNM Resources PNM 25 49.30 43.43 48.79 3.18 7.0 SFL SFL ... 11.60 7.64 9.22 1.07 13.1
Greenhill GHL 52 20.32 5.64 10.25 -7.68 -42.8 JuniperII JUN.U ... 10.45 9.98 10.20 ... ... MeridianLink MLNK cc 21.66 12.49 13.73 -7.85 -36.4 POSCO PKX 3 65.11 36.53 54.47 -3.82 -6.6 SignaSports SSU dd 9.90 3.23 4.91 -3.57 -42.1
GreenTree GHG ... 8.71 2.32 3.71 -4.21 -53.2 JuniperII A JUN 27 10.38 9.78 10.17 0.12 1.2 MeritageHomes MTH 4 123.30 62.51 92.20 -29.86 -24.5 PPG Ind PPG 28 177.32 107.06 125.74 -46.70 -27.1 SignaSportsWt SSU.WS ... 0.95 0.03 0.08 -0.78 -90.7
Greif A GEF 11 74.22 53.65 67.06 6.69 11.1 JuniperII Wt JUN.WS ... 0.84 0.03 0.16 -0.63 -79.3 MesaRoyalty MTR 14 28.00 5.91 22.01 15.86 257.9 PPL PPL 31 30.99 23.46 29.22 -0.84 -2.8 SITE Centers SITC 16 17.22 10.42 13.66 -2.17 -13.7
Greif B GEF.B 8 80.16 53.45 78.23 18.45 30.9 JuniperNetworks JNPR 25 38.14 25.18 31.96 -3.75 -10.5 MesabiTrust MSB 9 35.65 16.56 18.02 -8.40 -31.8 ProgHoldings PRG 10 46.85 12.11 16.89 -28.22 -62.6 SJW Group SJW 42 83.88 55.73 81.19 7.99 10.9
GreystoneHousing GHI 6 20.42 16.19 17.40 -1.49 -7.9 MetaData AIU ... 11.25 0.70 1.04 -8.96 -89.6 PROOFAcqnIUn PACI.U SK Telecom SKM 10 28.10 18.32 20.59 -6.08 -22.8
Griffon GFF dd 37.69 17.56 35.79 7.31 25.7 K MetalsAcqn MTAL
MetalsAcqn MTAL.U
cc 10.15 9.57 10.01 0.32 3.3 n ProofAcqnIWt PACI.WS
... 10.18 9.89 10.18 0.17
... 0.55 0.01 0.03 ...
1.7
... SLGreenRealty SLG dd 85.15 32.15 33.72 -40.17 -54.4
Grindr GRND dd 71.51 4.50 4.65 -5.48 -54.1 ... 10.53 9.63 10.15 0.19 1.9 n ProofAcqnIA PACI dd 10.18 9.79 10.17 ... ... SM Energy SM 3 54.97 28.91 34.83 5.35 18.1
GrindrWt GRND.WS ... 3.03 0.13 0.48 -0.23 -32.4 KAR Auction KAR dd 22.10 11.14 13.05 -2.57 -16.5 MetalsAcqnWt MTAL.WS ... 1.23 0.22 0.49 -0.10 -16.9 PROS PRO dd 36.29 18.09 24.26 -10.23 -29.7 SOS SOS dd 48.73 2.54 2.73 -38.38 -93.4
Group1Auto GPI 4 201.83 136.16 180.37 -14.85 -7.6 KB Financial KB 4 55.31 30.14 38.66 -7.50 -16.2 MethodeElec MEI 17 50.39 33.91 44.37 -4.80 -9.8 P10 PX 50 14.19 9.49 10.67 -3.31 -23.7 SPX Tech SPXC 67 75.25 41.66 65.65 5.97 10.0
GroveCollab GROV dd 12.50 0.18 0.40 -9.47 -96.0 KB Home KBH 4 50.20 24.78 31.85 -12.88 -28.8 MetLife MET 27 77.36 57.41 72.37 9.88 15.8 PVH PVH 11 113.78 43.49 70.59 -36.06 -33.8 SQZ Biotech SQZ dd 10.86 0.65 0.74 -8.19 -91.7
GroveCollabWt GROV.WS ... 0.99 0.02 0.10 -0.74 -88.1 KBR KBR 49 56.94 41.77 52.80 5.18 10.9 MetropolitanBk MCB 8 115.78 53.67 58.67 -47.86 -44.9 PackagingCpAm PKG 12 168.50 110.56 127.91 -8.24 -6.1 STAG Indl STAG 24 48.16 26.56 32.31 -15.65 -32.6
GpoAeroportuar PAC ... 176.00 119.31 143.81 6.34 4.6 KE Holdings BEKE dd 24.85 7.31 13.96 -6.16 -30.6 MettlerToledo MTD 40 1699.111065.551445.45 -251.76 -14.8 PagerDuty PD dd 38.75 19.51 26.56 -8.19 -23.6 n ST Ener I A STET 18 10.25 9.69 10.22 ... ...
GpoAeroportSur ASR 15 254.15 179.01 232.99 26.83 13.0 KKR KKR dd 75.19 41.77 46.42 -28.08 -37.7 MicroFocus MFGP dd 6.58 3.03 6.31 0.74 13.3 PagSeguroDig PAGS 11 28.68 7.51 8.74 -17.48 -66.7 ST Ener I STET.U ... 10.25 9.89 10.24 0.23 2.3
GpoAvalAcc AVAL 4 5.79 1.96 2.53 -2.58 -50.5 KKR RealEstFin KREF 23 22.44 13.55 13.96 -6.87 -33.0 MidAmApt MAA 29 230.71 141.13 156.99 -72.45 -31.6 PalantirTech PLTR dd 18.84 5.92 6.42 -11.79 -64.7 n ST Ener I Wt STET.WS ... 0.66 0.05 0.06 ... ...
GpoSupervielle SUPV dd 2.28 1.20 2.16 0.21 10.8 KoreGroup KORE dd 7.09 1.23 1.26 -5.48 -81.3 MillerIndustries MLR 22 34.95 21.00 26.66 -6.74 -20.2 PampaEnergia PAM 5 32.00 17.97 31.94 10.83 51.3 StoreCapital STOR 28 34.99 24.48 32.06 -2.34 -6.8
GrupoTelevisa TV 10 11.90 4.47 4.56 -4.81 -51.3 KoreGroupWt KORE.WS ... 1.09 0.07 0.12 -0.93 -88.2 MineralsTechs MTX 14 75.65 49.38 60.72 -12.43 -17.0 ParPacific PARR 5 25.38 11.66 23.25 6.76 41.0 SabineRoyalty SBR 11 90.73 41.30 85.45 43.77 105.0
Guess GES 11 24.87 14.27 20.69 -2.99 -12.6 KT KT 6 15.30 11.56 13.50 0.93 7.4 MirionTech MIR dd 10.78 5.40 6.61 -3.86 -36.9 ParTechnology PAR dd 53.97 20.37 26.07 -26.70 -50.6 SafeBulkers SB 2 5.12 2.35 2.91 -0.86 -22.8
Guidewire GWRE dd 114.00 52.08 62.56 -50.97 -44.9 Kadant KAI 17 231.30 154.19 177.63 -52.85 -22.9 MirionTechWt MIR.WS ... 2.66 0.75 1.12 -1.38 -55.2 ParabellumAcqn PRBM.U ... 10.61 9.71 10.28 0.13 1.3 Safehold SAFE 13 80.66 23.64 28.62 -51.23 -64.2
GuildHldgs GHLD 2 14.51 7.18 10.09 -3.94 -28.1 Kaleyra KLR dd 10.24 0.51 0.76 -9.28 -92.5 MisterCarWash MCW 22 19.10 7.80 9.23 -8.98 -49.3 ParabellumAcqn PRBM 18 10.28 9.73 10.18 0.43 4.4 Salesforce CRM cc 256.87 126.34 132.59 -121.54 -47.8
GulfportEnergy GPOR 9 108.10 60.46 73.64 1.61 2.2 KaleyraWt KLR.WS ... 2.43 0.05 0.07 -2.31 -97.1 MistrasGroup MG 43 8.02 3.38 4.93 -2.50 -33.6 Paragon28 FNA dd 21.36 12.35 19.11 1.42 8.0 SallyBeauty SBH 8 19.79 10.95 12.52 -5.94 -32.2
Kaman KAMN 35 46.50 18.88 22.30 -20.85 -48.3 MitsubishiUFJ MUFG 18 6.78 4.31 6.67 1.21 22.2 ParamountGroup PGRE cc 11.54 5.48 5.94 -2.40 -28.8 Samsara IOT dd 29.10 8.42 12.43 -15.68 -55.8
H Kellogg
Kemper KMPR
K 16
dd
77.17
64.36
59.54
40.65
71.24
49.20
6.82
-9.59
10.6
-16.3
MiX Telematics MIXT
MizuhoFin MFG
17 12.77 6.75 7.03 -5.58
10 2.94 2.10 2.84 0.29
-44.3
11.4
ParkAerospace PKE
ParkHotels PK
37 14.21 10.08 13.41 0.21
41 20.57 10.92 11.79 -7.09
1.6
-37.6
SanJuanBasin SJT
SandRidgeEnergy SD
8
4
15.43
29.28
5.92
9.07
11.42 5.33
17.03 6.57
87.5
62.8
HCA Healthcare HCA 14 279.02 164.47 239.96 -16.96 -6.6 Kennametal KMT 15 38.36 20.21 24.06 -11.85 -33.0 ModelN MODN dd 42.45 20.95 40.56 10.53 35.1 ParkerHannifin PH 30 340.00 230.44 291.00 -27.12 -8.5 SandstormGold SAND 13 9.18 4.51 5.26 -0.94 -15.2
HCI Group HCI dd 86.97 27.65 39.59 -43.95 -52.6 KennedyWilson KW 28 25.30 13.97 15.73 -8.15 -34.1 ModineMfg MOD 9 22.13 7.67 19.86 9.77 96.8 Parsons PSN 54 50.15 29.25 46.25 12.60 37.4 Sasol SSL 4 28.36 14.70 15.71 -0.69 -4.2
HDFC Bank HDB 23 72.20 50.61 68.41 3.34 5.1 KenonHoldings KEN 1 72.90 31.89 33.00 -19.50 -37.1 n Modiv MDV dd 89.99 9.61 12.00 ... ... PartyCity PRTY dd 6.86 0.31 0.37 -5.20 -93.4 SaulCenters BFS 25 56.22 36.21 40.68 -12.34 -23.3
HF Sinclair DINO 5 66.19 29.14 51.89 19.11 58.3 KensingtonV Wt KCGI.WS ... 0.99 0.06 0.17 -0.82 -82.8 Moelis MC 12 64.30 33.12 38.37 -24.14 -38.6 PaycomSoftware PAYC 72 416.08 255.82 310.31-104.88 -25.3 Schlumberger SLB 26 56.04 29.98 53.46 23.51 78.5
HH&L Acqn HHLA.U ... 10.25 9.84 10.08 0.12 1.2 KensingtonCapAcqnV KCGI.U ... 10.55 9.98 10.22 -0.29 -2.8 MohawkInds MHK 40 192.00 87.02 102.22 -79.96 -43.9 Paymentus PAY cc 35.00 6.75 8.01 -26.97 -77.1 SchneiderNatl SNDR 9 27.50 20.26 23.40 -3.51 -13.0
HH&L Acqn HHLA 43 10.35 9.67 10.11 0.38 3.9 KensingtonCapV A KCGI 19 10.20 9.82 10.20 0.36 3.7 MolinaHealthcare MOH 23 374.00 249.78 330.22 12.14 3.8 Paysafe PSFE dd 52.44 11.29 13.89 -33.03 -70.4 SchwabC SCHW 25 96.24 59.35 83.26 -0.84 -1.0
HH&L Acqn Wt HHLA.WS ... 0.55 0.02 0.05 -0.51 -91.1 KeyCorp KEY 8 27.17 15.26 17.42 -5.71 -24.7 MolsonCoorsA TAP.A 34 88.70 52.30 77.00 19.00 32.8 PaysafeWt PSFE.WS ... 0.83 0.04 0.06 -0.60 -91.3 ScienceApplicat SAIC 23 117.94 78.10 110.93 27.34 32.7
HNI HNI 10 44.50 26.51 28.43 -13.62 -32.4 KeysightTechs KEYS 28 207.22 127.93 171.07 -35.44 -17.2 MolsonCoorsB TAP 23 60.12 46.47 51.52 5.17 11.2 PeabodyEnergy BTU 3 33.29 9.83 26.42 16.35 162.4 ScorpioTankers STNG 11 57.71 11.02 53.77 40.96 319.8
HP HPQ 9 41.47 24.07 26.87 -10.80 -28.7 KilroyRealty KRC 20 79.06 37.66 38.67 -27.79 -41.8 MoneyLion ML dd 4.24 0.44 0.62 -3.41 -84.6 Pearson PSO 23 12.03 8.04 11.27 2.87 34.2 ScottsMiracleGro SMG dd 167.09 39.05 48.59 -112.41 -69.8
HSBC HSBC 10 38.61 24.77 31.16 1.01 3.3 KimbellRoyalty KRP 12 20.08 13.75 16.70 3.07 22.5 MoneyLionWt ML.WS ... 0.75 0.04 0.04 -0.58 -93.4 PebblebrookHotel PEB dd 26.14 12.54 13.39 -8.98 -40.1 ScullyRoyalty SRL 87 10.49 7.15 7.71 -1.15 -13.0
HUYA HUYA dd 7.94 1.64 3.95 -2.99 -43.1 n KimbellTiger TGR.U ... 11.20 10.02 10.29 ... ... MontroseEnvl MEG dd 71.45 28.36 44.39 -26.12 -37.0 PediatrixMedical MD 15 28.02 14.40 14.86 -12.35 -45.4 n SculptorAcqnIWt SCUA.WS ... 0.50 0.04 0.05 ... ...
Haemonetic HAE 47 86.58 43.50 78.65 25.61 48.3 n KimbellTigerA TGR dd 10.76 9.94 10.30 ... ... Moody's MCO 33 392.53 230.16 278.62 -111.96 -28.7 PegasusDigital PGSS.U ... 10.34 9.15 10.18 0.10 1.0 SculptorAcqnI SCUA.U ... 10.28 9.95 10.28 0.27 2.7
Hagerty HGTY dd 18.71 7.23 8.41 -5.77 -40.7 n KimbellTigerWt TGR.WS ... 0.35 0.01 0.09 ... ... Moog A MOG.A 18 90.01 70.25 87.76 6.79 8.4 PegasusDigA PGSS 31 10.42 9.79 10.28 0.47 4.8 n SculptorAcqnIA SCUA 13 10.30 9.80 10.26 ... ...
HagertyWt HGTY.WS ... 6.03 1.12 2.24 -2.15 -49.0 KimberlyClark KMB 26 145.79 108.74 135.75 -7.17 -5.0 Moog B MOG.B 18 90.13 69.94 86.92 6.92 8.7 PegasusDigWt PGSS.WS ... 0.70 0.02 0.02 -0.54 -95.6 SculptorCapMgmt SCU dd 22.75 7.90 8.66 -12.69 -59.4
n Haleon HLN ... 8.50 5.59 8.00 ... ... KimcoRealty KIM 57 26.57 17.71 21.18 -3.47 -14.1 MorganStanley MS 12 109.73 72.05 85.02 -13.14 -13.4 PembinaPipeline PBA 9 42.74 29.54 33.95 3.62 11.9 Sea SE dd 231.21 40.66 52.03 -171.68 -76.7
Halliburton HAL 20 43.99 23.01 39.35 16.48 72.1 KinderMorgan KMI 16 20.20 15.78 18.08 2.22 14.0 Mosaic MOS 4 79.28 37.08 43.87 4.58 11.7 PennyMacFin PFSI 5 71.45 38.53 56.66 -13.12 -18.8 SeabridgeGold SA cc 22.22 10.03 12.58 -3.91 -23.7
HamiltonBeach HBB 6 16.28 9.18 12.39 -1.97 -13.7 Kinetik KNTK dd 44.99 29.05 33.08 2.42 7.9 MotiveCapII MTVC.U ... 10.50 9.89 10.47 0.50 5.0 PennyMacMtg PMT dd 18.67 10.78 12.39 -4.94 -28.5 n SeaDrill SDRL 0 34.53 22.00 32.64 ... ...
Hanesbrands HBI 6 17.55 5.65 6.36 -10.36 -62.0 KingswayFin KFS 6 8.60 5.05 7.93 2.45 44.7 n MotiveCapII A MTVC cc 10.40 9.75 10.23 ... ... PenskeAuto PAG 6 131.55 88.58 114.93 7.71 7.2 SealedAir SEE 13 70.72 41.24 49.88 -17.59 -26.1
HannonArmstrong HASI 21 54.69 21.56 28.98 -24.14 -45.4 KinrossGold KGC dd 6.34 3.00 4.09 -1.72 -29.6 n MotiveCapII Wt MTVC.WS ... 1.00 0.04 0.04 ... ... Pentair PNR 14 73.49 38.55 44.98 -28.05 -38.4 SeaWorldEnt SEAS 12 76.57 40.01 53.51 -11.35 -17.5
HanoverIns THG 17 155.55 123.36 135.13 4.07 3.1 KinsaleCapital KNSL 43 334.99 180.05 261.52 23.63 9.9 MotorolaSol MSI 38 275.16 195.18 257.71 -13.99 -5.1 Penumbra PEN dd 287.53 114.86 222.46 -64.86 -22.6 SelectEnergySvcs WTTR 17 10.43 6.02 9.24 3.01 48.3
HarleyDavidson HOG 9 48.72 29.80 41.60 3.91 10.4 Kirby KEX 40 75.08 55.03 64.35 4.93 8.3 Movado MOV 7 43.95 27.72 32.25 -9.58 -22.9 Perfect PERF 7 21.03 4.90 7.14 -2.71 -27.5 SelectMedical SEM 18 30.81 18.86 24.83 -4.57 -15.5
HarmonyGold HMY 23 5.50 1.94 3.40 -0.71 -17.3 KiteRealty KRG dd 23.35 16.42 21.05 -0.73 -3.4 MuellerIndustries MLI 5 70.42 49.42 59.00 -0.36 -0.6 PerfectWt PERF.WS ... 0.55 0.07 0.15 -0.38 -71.0 SelectQuote SLQT dd 9.42 0.51 0.67 -8.39 -92.6
Harsco HSC dd 17.41 3.73 6.29 -10.42 -62.4 Knight-Swift KNX 10 62.12 42.50 52.41 -8.53 -14.0 MuellerWater MWA 22 14.60 9.89 10.76 -3.64 -25.3 PerformanceFood PFGC 45 62.00 38.23 58.39 12.50 27.2 Sempra SRE 22 176.47 129.69 154.54 22.26 16.8
HartfordFinl HIG 13 76.97 60.16 75.83 6.79 9.8 n KnightSwanAcqn KNSW.U ... 10.56 9.91 10.18 ... ... MultiPlan MPLN 7 6.19 1.07 1.15 -3.28 -74.0 PeridotAcqnII PDOT.U ... 10.27 9.73 10.10 0.17 1.7 Semrush SEMR dd 21.02 7.16 8.14 -12.71 -61.0
HavertyFurn HVT 6 33.06 22.77 29.90 -0.67 -2.2 n KnightSwanA KNSW dd 10.88 9.84 10.18 ... ... MultiPlanWt MPLN.WS ... 1.39 0.01 0.05 -1.23 -96.1 PeridotAcqnIIA PDOT 37 10.11 9.67 10.11 0.38 3.9 SendasDistrib ASAI 20 20.53 9.73 18.31 6.46 54.5
HavertyFurn A HVT.A 6 33.32 24.55 30.71 0.38 1.3 n KnightSwanWt KNSW.WS ... 0.26 0.02 0.05 ... ... MurphyOil MUR 7 51.28 25.97 43.01 16.90 64.7 PeridotII Wt PDOT.WS ... 0.84 0.01 0.05 -0.80 -94.5 SensataTechs ST 20 65.58 36.64 40.38 -21.31 -34.5
HawaiianElec HE 19 44.72 33.18 41.85 0.35 0.8 KnotOffshore KNOP ... 18.85 8.93 9.63 -3.73 -27.9 MurphyUSA MUSA 10 323.00 164.30 279.54 80.30 40.3 PerimeterSolns PRM dd 14.91 6.58 9.14 -4.75 -34.2 SensientTech SXT 22 101.76 63.17 72.92 -27.14 -27.1
HawksAcqn HWKZ.U ... 9.97 9.71 9.97 0.10 1.0 Knowles KN dd 23.81 11.57 16.42 -6.93 -29.7 MyersIndustries MYE 15 25.55 15.82 22.23 2.22 11.1 PerkinElmer PKI 29 201.05 113.46 140.22 -60.84 -30.3 SentinelOne S dd 52.29 12.78 14.59 -35.90 -71.1
HawksAcqnA HWKZ dd 10.25 9.65 9.99 0.30 3.1 Kohl's KSS 6 64.38 23.38 25.25 -24.14 -48.9 MyovantSciences MYOV dd 27.02 7.67 26.96 11.39 73.2 PermianBasin PBT 28 25.38 9.87 25.20 15.10 149.5 SequansComms SQNS ... 5.80 2.28 3.32 -1.42 -30.0
Hayward HAYW 10 26.38 7.97 9.40 -16.83 -64.2 Philips PHG 4 38.77 11.75 14.99 -21.86 -59.3 PermianRscs PR 5 11.43 5.08 9.40 3.42 57.2 SeritageGrowth SRG dd 14.62 4.90 11.83 -1.44 -10.9
HealthcareRealty HR 71 34.26 18.16 19.27 -14.12 -42.3 KontoorBrands KTB
KOP
10 53.14 30.98 39.99 -11.26 -22.0 N PermianvilleRT PVL 10 5.79 2.08 3.35 1.24 58.8 ServiceCorp
ServiceNow NOW
SCI 17 75.11 56.85 69.14 -1.85 -2.6
HealthpeakProp PEAK 27 36.85 21.41 25.07 -11.02 -30.5 Koppers 8 33.68 20.11 28.20 -3.10 -9.9 PermRock PRT 8 10.88 6.38 7.71 0.71 10.1 cc 651.41 337.00 388.27-260.84 -40.2
n HeartlandMediaUn HMA.U ... 10.55 9.90 10.03 ... ... KoreaElcPwr KEP dd 10.18 5.76 8.64 -0.50 -5.5 NACCO Inds NC 4 63.19 28.42 38.00 1.71 4.7 Perrigo PRGO dd 43.90 30.78 34.09 -4.81 -12.4 ServisFirst SFBS 16 97.25 63.53 68.91 -16.03 -18.9
n HeartlandMediaA HMA 30 10.19 9.78 10.17 ... ... KornFerry KFY 8 78.49 46.47 50.62 -25.11 -33.2 N-able NABL cc 12.22 8.12 10.28 -0.82 -7.4 PetroleoBrasil PBR 2 16.32 8.88 10.65 -0.33 -3.0 ShakeShack SHAK dd 79.62 37.72 41.53 -30.63 -42.4
n HeartlandMediaWt HMA.WS ... 0.45 0.01 0.04 ... ... KosmosEnergy KOS 7 8.48 3.45 6.36 2.90 83.8 NCR NCR 27 44.59 18.06 23.41 -16.79 -41.8 PetroleoBrasilA PBR.A 2 15.04 7.86 9.29 -0.82 -8.1 Shapeways SHPW dd 3.82 0.50 0.54 -3.17 -85.3
HeclaMining HL dd 7.66 3.41 5.56 0.34 6.5 Kroger KR 14 62.78 41.81 44.58 -0.68 -1.5 NGL Energy NGL dd 2.80 1.00 1.21 -0.61 -33.5 Pfizer PFE 10 58.55 41.45 51.24 -7.81 -13.2 ShapewaysWt SHPW.WS ... 0.51 0.01 0.02 -0.50 -96.7
Heico HEI 60 165.79 126.95 153.64 9.42 6.5 KronosWorldwide KRO 7 19.78 8.48 9.40 -5.61 -37.4 NIO NIO dd 33.80 8.38 9.75 -21.93 -69.2 PhilipMorris PM 18 112.48 82.85 101.21 6.21 6.5 ShawComm B SJR 24 31.60 23.64 28.78 -1.56 -5.1
Heico A HEI.A 47 134.68 102.33 119.85 -8.67 -6.7 KukeMusic KUKE dd 4.66 0.45 0.53 -3.73 -87.6 NL Industries NL 6 10.71 5.54 6.81 -0.59 -8.0 Phillips66 PSX 5 113.53 72.89 104.08 31.62 43.6 Shell SHEL 5 61.67 43.96 56.95 13.55 31.2
Heliogen HLGN dd 16.31 0.46 0.70 -14.82 -95.5 Kyndryl KD dd 19.63 7.93 11.12 -6.98 -38.6 NOV NOV cc 24.25 13.62 20.89 7.34 54.2 PhoenixNewMedia FENG dd 5.88 2.10 2.68 -2.49 -48.2 SherwinWilliams SHW 32 350.38 195.24 237.33 -114.83 -32.6
HeliogenWt HLGN.WS ... 1.89 0.04 0.07 -1.62 -95.6 NOW DNOW 13 13.51 8.44 12.70 4.16 48.7 Phreesia PHR dd 43.47 13.19 32.36 -9.30 -22.3 Shift4Paymts FOUR cc 66.86 29.39 55.93 -2.00 -3.5
HeliosTech
HelixEnergy HLX
HLIO 17
dd
106.01
7.48
48.27
2.47
54.44
7.38
-50.73
4.26
-48.2
136.5
L NRG Energy NRG
NVR NVR
4 47.82 30.64 31.82 -11.26 -26.1
105885.003576.014612.58-1296.29 -21.9
PhysiciansRealty DOC
PiedmontOfficeA PDM
27 19.12 13.42 14.47 -4.36
29 19.84 8.72 9.17 -9.21
-23.2
-50.1
ShinhanFin SHG
Shopify SHOP dd
4 34.92
139.37
22.98
23.63
27.93 -2.98
34.71-103.03
-9.6
-74.8
Helm&Payne HP cc 54.59 23.83 49.57 25.87 109.2 LCI Inds LCII 5 161.11 89.28 92.45 -63.42 -40.7 n NaborsEnerA NETC cc 10.28 9.86 10.27 ... ... PinnacleWest PNW 16 80.60 59.03 76.04 5.45 7.7 n ShoulderUpTechA SUAC cc 10.26 9.80 10.20 ... ...
Herbalife HLF 5 45.80 12.04 14.88 -26.05 -63.6 LG Display LPL dd 10.78 4.08 4.96 -5.14 -50.9 NaborsEnerTransUn NETC.U ... 10.27 10.02 10.27 0.12 1.2 Pinterest PINS cc 36.95 16.14 24.28 -12.07 -33.2 ShoulderUpTechUn SUAC.U ... 10.19 9.93 10.11 0.01 0.1
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

THE WALL STREET JOURNAL. Tuesday, January 3, 2023 | R7

JOURNAL REPORT | NASDAQ 2022 TRADING SUMMARY

Stock listings show the year-end price-to-earnings ratio, 2022
high, 2022 low, and last trade as well as the net and
Nasdaq Composite Index Nasdaq Markets Diary
2022 2021 2020
percentage change from the previous year. Quotations
include primary market trades as well as trades reported by 65-trading-day moving average high Advances 1659 3531 2457
Nasdaq OMX BX (formerly Boston), Chicago Stock Exchange, s Declines 3815 1828 1466
Daily close
Cboe, EdgeA, EdgeX, Nasdaq ISE, NYSE National and PSX. Unchanged 11 4 4
Net Pct low Total Issues 5485 5363 3927
Stock SymPE Hi Lo Last Chg Chg

A 14800 Net Pct

Stock SymPE Hi Lo Last Chg Chg
AAON AAON 60 83.00 47.50 75.32 -4.11 -5.2 AvalonAcqn AVAC 24 10.50 9.85 10.25 0.37 3.7
AcadiaPharm ACAD dd 28.05 12.24 15.92 -7.42 -31.8 AvalonAcqnWt AVACW ... 0.44 0.02 0.07 -0.33 -83.3
ACI Worldwide ACIW 17 35.87 19.68 23.00 -11.70 -33.7 AveannaHealth AVAH dd 7.53 0.67 0.78 -6.62 -89.5
AC Immune ACIU dd 5.21 1.68 2.04 -2.91 -58.8 AvePoint AVPT dd 6.70 3.40 4.11 -2.18 -34.7

s
ACM Research ACMR 12 30.53 5.46 7.71 -20.71 -72.9 200-trading-day moving average AvePointWt AVPTW ... 1.23 0.42 0.56 -0.57 -50.4
ACV Auctions ACVA dd 19.73 6.10 8.21 -10.63 -56.4 AviatNetworks AVNW 27 35.18 23.88 31.19 -0.89 -2.8
ADMA Biologics ADMA dd 3.92 1.26 3.88 2.47 175.2
13600 AvidTechnology AVID 27 37.31 20.83 26.59 -5.98 -18.4
Adtran ADTN dd 25.47 16.30 18.79 -4.04 -17.7 AvidityBio RNA dd 24.39 9.83 22.19 -1.58 -6.6
AFC Gamma AFCG 8 23.21 14.90 15.73 -7.03 -30.9 AvidXchange AVDX dd 16.01 5.86 9.94 -5.12 -34.0
AGNC Invt AGNC dd 15.66 7.30 10.35 -4.69 -31.2 AvisBudget CAR 3 327.80 131.83 163.93 -43.44 -20.9
n AIB Acqn AIBBU ... 11.03 9.73 10.24 ... ... Avnet AVT 5 50.19 35.45 41.58 0.35 0.8
n AIBAcqnA AIB dd 10.54 9.77 10.20 ... ... Aware AWRE dd 3.80 1.32 1.71 -1.44 -45.7
n AIBAcqnRt AIBBR ... 0.26 0.07 0.12 ... ... AxcelisTechs ACLS 17 88.73 46.41 79.36 4.80 6.4
ALSPOrchidIUn ALORU ... 10.25 9.88 10.20 0.10 1.0 12400 AxcellaHealth AXLA dd 2.89 0.16 0.33 -1.76 -84.3
n ALSPOrchidI Wt ALORW ... 0.50 0.01 0.03 ... ... AxonEnterprise AXON cc 193.85 82.49 165.93 8.93 5.7
n ALSPOrchidI A ALOR dd 10.69 9.47 10.23 ... ... Axonics AXNX dd 79.92 38.41 62.53 6.53 11.7
AlxOncology ALXO dd 22.40 5.82 11.27 -10.22 -47.6 AxsomeTherap AXSM dd 82.00 20.63 77.13 39.35 104.2
AMC Networks AMCX 2 44.66 14.45 15.67 -18.77 -54.5 AyalaPharm AYLA dd 9.40 0.36 0.40 -8.11 -95.3
Amerisafe AMSF 26 60.49 44.06 51.97 -1.86 -3.5 Azenta AZTA dd 104.64 37.61 58.22 -44.89 -43.5
A-MarkPrecMet AMRK 6 44.59 23.71 34.73 4.18 13.7
ANI Pham ANIP dd 48.26 22.31 40.23 -5.85 -12.7 B
Ansys ANSS 45 403.18 194.23 241.59 -159.53 -39.8 11200
n AN2 Therap ANTX dd 23.58 6.88 9.53 ... ... BCB Bancorp BCBP 7 20.71 15.22 17.99 2.56 16.6
APA APA 4 51.95 26.98 46.68 19.79 73.6 BELLUS Health BLU dd 12.69 4.98 8.22 0.17 2.1
ARKRestaurants ARKR 6 22.45 15.38 16.56 -0.27 -1.6 BGC Partners BGCP 12 4.79 3.00 3.77 -0.88 -18.9
ARS Pharm SPRY dd 9.17 2.80 8.53 1.87 28.1 BJsRestaurants BJRI dd 37.22 20.15 26.38 -8.17 -23.6
ASML ASML 36 799.36 363.15 546.40-249.74 -31.4 BOK Fin BOKF 15 120.20 70.21 103.79 -1.70 -1.6
n A SPAC II ASCB ... 10.48 9.81 10.23 ... ... BRP Group BRP dd 36.21 17.08 25.14 -10.97 -30.4
n A SPAC II Un ASCBU ... 10.19 9.55 10.19 ... ... BRP DOOO 12 88.53 57.38 76.35 -11.36 -13.0
n A SPAC II Rt ASCBR ... 0.13 0.05 0.06 ... ... 10000 B RileyFin RILY dd 91.24 30.75 34.20 -54.66 -61.5
n A SPAC II Wt ASCBW ... 0.12 ... 0.04 ... ... Backblaze BLZE dd 18.16 3.82 6.15 -10.74 -63.6
AST Space ASTS dd 14.27 3.55 4.82 -3.12 -39.3 Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec. Baidu BIDU 61 171.87 73.58 114.38 -34.41 -23.1
AST Space Wt ASTSW ... 5.41 1.50 1.98 -0.99 -33.5 BakerHughes BKR dd 39.78 20.41 29.53 5.47 22.7
ATA Creativity AACG dd 2.94 0.88 1.27 0.20 18.9 Net Pct Net Pct Net Pct Balchem BCPC 36 169.01 110.15 122.11 -46.49 -27.6
ATAI Life ATAI dd 7.98 2.34 2.66 -4.97 -65.1 Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg BallardPower BLDP dd 12.96 4.43 4.79 -7.77 -61.9
ATN Intl ATNI dd 50.45 32.07 45.31 5.36 13.4 BancFirst BANF 17 118.07 71.04 88.18 17.62 25.0
AirTransportSvcs ATSG 11 34.54 23.32 25.98 -3.40 -11.6 AmOutdoorBrands AOUT dd 20.47 7.10 10.02 -9.91 -49.7 AriszAcqnRt ARIZR ... 0.21 0.01 0.09 -0.09 -51.3
AveoPharma AVEO dd 14.98 3.06 14.95 10.26 218.8 Bandwidth BAND dd 73.99 9.20 22.95 -48.81 -68.0
Airbnb ABNB 36 191.73 81.91 85.50 -80.99 -48.6 AmericanPubEdu APEI dd 24.73 7.83 12.29 -9.96 -44.8 AriszAcqnUn ARIZU ... 10.53 9.34 10.10 0.04 0.3
AVROBIO AVRO dd 4.15 0.56 0.71 -3.14 -81.5 BankOZK OZK 9 51.39 34.79 40.06 -6.47 -13.9
AirSculptTech AIRS dd 17.54 2.69 3.70 -13.49 -78.5 AmerSoftware AMSWA 47 26.95 13.39 14.68 -11.49 -43.9 AriszAcqnWt ARIZW ... 0.44 ... 0.02 -0.26 -92.7
AXT AXTI 11 9.94 4.17 4.38 -4.43 -50.3 BankofPrinceton BPRN 8 33.00 26.57 31.72 2.39 8.1
AkamaiTech AKAM 27 123.25 76.28 84.30 -32.74 -28.0 AmerSupercond AMSC dd 11.37 3.20 3.68 -7.20 -66.2 ArmadaAcqnIUn AACIU ... 10.18 9.82 10.12 0.09 0.9
Abcam ABCM cc 24.00 12.54 15.56 -7.99 -33.9 Bank7 BSVN 9 29.01 21.08 25.60 2.60 11.3
AkeroTherap AKRO dd 54.83 7.52 54.80 33.65 159.1 AmericanWoodmark AMWD 58 68.48 40.70 48.86 -16.34 -25.1 ArmadaAcqnIWt AACIW ... 0.61 0.01 0.03 -0.53 -94.5
AbCelleraBio ABCL 13 14.97 5.42 10.13 -4.17 -29.2 BankFinancial BFIN 15 11.27 9.06 10.53 -0.14 -1.3
Akoya AKYA dd 16.57 8.02 9.57 -5.74 -37.5 AmerCarMart CRMT 8 127.05 52.24 72.26 -30.14 -29.4 ArmadaAcqnI AACI dd 10.18 9.79 10.12 0.33 3.4
Absci ABSI dd 9.68 1.94 2.10 -6.10 -74.4 BankwellFin BWFG 6 36.87 27.76 29.43 -3.41 -10.4
AksoHealth AHG ... 2.34 0.20 0.38 -1.26 -77.1 AmerisBancorp ABCB 9 55.62 38.22 47.14 -2.54 -5.1 ArogoCapital AOGOU ... 10.18 9.94 10.15 0.14 1.4
AbsoluteSftwr ABST dd 12.59 6.79 10.44 1.03 10.9 Banner BANR 11 75.72 52.35 63.20 2.53 4.2
Alarm.com ALRM 55 85.37 46.94 49.48 -35.33 -41.7 AmeriServFin ASRV 8 4.52 3.66 3.94 0.08 2.1 n ArogoCapA AOGO dd 10.15 9.80 10.13 ... ...
AcaciaResearch ACTG 48 5.39 3.30 4.21 -0.92 -17.9 Baozun BZUN dd 14.75 3.41 5.30 -8.60 -61.9
AlaunosTherap TCRT dd 4.01 0.41 0.65 -0.44 -40.4 Amgen AMGN 21 296.67 214.39 262.64 37.67 16.7 n ArogoCapWt AOGOW ... 0.23 0.04 0.07 ... ...
AcademySports ASO 7 57.85 25.10 52.54 8.64 19.7 BarrettBus BBSI 15 100.79 57.76 93.28 24.22 35.1
Alector ALEC dd 21.25 6.84 9.23 -11.42 -55.3 AmicusTherap FOLD dd 12.96 5.91 12.21 0.66 5.7 ArrayTech ARRY dd 24.24 5.45 19.33 3.64 23.2
AcadiaHealthcare ACHC 27 89.85 50.07 82.32 21.62 35.6 AlgomaSteel ASTL 2 12.50 5.64 6.34 -4.47 -41.4 AmkorTech AMKR 7 29.10 14.89 23.98 -0.81 -3.3 Arrival ARVL dd 7.88 0.14 0.16 -7.26 -97.9 BassettFurniture BSET 13 24.12 13.16 17.38 0.61 3.6
Accolade ACCD dd 27.74 4.61 7.79 -18.57 -70.4 AlgomaSteelWt ASTLW ... 3.70 0.92 1.16 -1.71 -59.6 AmphastarPharm AMPH 19 44.46 22.07 28.02 4.73 20.3 ArrowFinancial AROW 12 36.51 28.50 33.90 -0.30 -0.9 BayCom BCML 10 23.54 17.52 18.98 0.22 1.2
AccretionAcqn ENERU ... 11.11 9.46 10.13 -0.12 -1.2 Alico ALCO 14 43.65 23.00 23.87 -13.16 -35.5 AmrytPharma AMYT dd 11.63 5.61 7.30 -3.50 -32.4 ArrowheadPharm ARWR dd 70.09 26.81 40.56 -25.74 -38.8 BeaconRoof BECN 9 65.30 45.71 52.79 -4.56 -8.0
AccretionAcqn ENER dd 10.49 9.73 10.08 0.32 3.3 AlignTech ALGN 33 658.50 172.05 210.90-446.28 -67.9 AmtechSystems ASYS 6 13.45 6.66 7.60 -2.28 -23.1 ArtemisStratInvt ARTE 24 10.28 9.70 10.21 0.04 0.4 BeamTherap BEAM dd 82.62 27.77 39.11 -40.58 -50.9
AccretionAcqnRt ENERR ... 0.34 0.01 0.07 -0.25 -78.2 AlignmentHlthcr ALHC dd 19.17 6.14 11.76 -2.30 -16.4 n AmylyxPharm AMLX dd 39.77 6.51 36.95 ... ... ArtemisStrat ARTEU ... 10.42 9.92 10.11 -0.29 -2.8 BeasleyBroadcast BBGI dd 2.10 0.90 0.92 -0.98 -51.6
AccretionAcqnWt ENERW ... 0.42 ... 0.02 -0.38 -95.3 AligosTherap ALGS dd 12.48 0.84 0.95 -10.92 -92.0 Amyris AMRS dd 6.37 1.36 1.53 -3.88 -71.7 ArtemisStratWt ARTEW ... 0.49 0.06 0.14 -0.36 -72.5 BedBath BBBY dd 30.06 2.36 2.51 -12.07 -82.8
Accuray ARAY dd 4.87 1.70 2.09 -2.68 -56.2 AlimeraSciences ALIM dd 7.92 2.03 2.71 -2.42 -47.2 AnalogDevices ADI 31 180.01 133.48 164.03 -11.74 -6.7 Arteris AIP dd 21.77 3.27 4.30 -16.81 -79.6 BeiGene BGNE dd 275.72 118.18 219.94 -50.99 -18.8
AcelRxPharm ACRX 0 13.00 1.76 2.26 -8.94 -79.8 AlkamiTech ALKT dd 21.04 9.23 14.59 -5.47 -27.3 AnaptysBio ANAB dd 36.06 18.20 30.99 -3.76 -10.8 ArtesianRscs A ARTNA 30 60.35 43.02 58.58 12.25 26.4 BelFuse A BELFA 10 38.00 14.35 32.19 17.19 114.6
AchariVenturesIWt AVHIW ... 0.33 ... 0.05 -0.28 -84.8 Alkermes ALKS dd 32.79 21.75 26.13 2.87 12.3 AnavexLifeSci AVXL dd 18.19 7.13 9.26 -8.08 -46.6 Arvinas ARVN dd 82.86 31.54 34.21 -47.93 -58.4 BelFuse B BELFB 9 38.49 11.58 32.92 19.99 154.6
AchariVenturesI AVHI 29 10.24 9.83 10.22 0.35 3.5 Allakos ALLK dd 10.19 2.54 8.42 -1.37 -14.0 Andersons ANDE 8 59.00 29.35 34.99 -3.72 -9.6 AscendisPharma ASND dd 137.40 61.58 122.13 -12.40 -9.2 Benefitfocus BNFT dd 13.05 5.68 10.46 -0.20 -1.9
AchariVenturesI AVHIU ... 11.02 9.78 10.20 0.06 0.6 AllarityTherap ALLR dd 12.86 0.21 0.29 -10.08 -97.2 Anghami ANGH ... 33.13 1.47 1.59 -8.57 -84.3 AscentIndustries ACNT 3 19.20 8.12 8.67 -7.76 -47.2 BentleySystems BSY 63 48.91 26.32 36.96 -11.37 -23.5
AchillesTherap ACHL dd 5.35 0.75 0.90 -4.11 -82.0 Allbirds BIRD dd 16.78 2.14 2.42 -12.66 -84.0 AnghamiWt ANGHW ... 1.40 0.03 0.03 -0.64 -96.1 AspenGroup ASPU dd 2.67 0.23 0.31 -2.05 -86.9 BerkeleyLights BLI dd 19.34 1.82 2.68 -15.50 -85.3
AclarisTherap ACRS dd 18.96 9.26 15.75 1.21 8.3 AllegiantTravel ALGT dd 195.66 62.94 67.99 -119.05 -63.6 Angi ANGI dd 9.64 1.81 2.35 -6.86 -74.5 n AspenTech AZPN ... 263.59 173.81 205.40 ... ... BerkshireGrey BGRY dd 5.83 0.51 0.60 -4.90 -89.0
AcordaTherap ACOR dd 2.60 0.26 0.77 -1.62 -67.9 AllegroMicro ALGM 48 37.29 19.20 30.02 -6.16 -17.0 AngioDynamics ANGO dd 30.00 11.71 13.77 -13.81 -50.1 AssemblyBiosci ASMB dd 2.45 0.82 1.30 -1.03 -44.2 BerkshireGreyWt BGRYW ... 0.94 0.04 0.06 -0.84 -93.3
n AcriCapitalA ACAC ... 10.65 9.97 10.22 ... ... AllianceResource ARLP 6 27.63 12.60 20.32 7.68 60.8 AngionBiomed ANGN dd 3.12 0.74 0.81 -2.09 -72.0 AstecIndustries ASTE dd 72.96 31.04 40.66 -28.61 -41.3 Berry(bry) BRY 4 12.85 6.78 8.00 -0.42 -5.0

.
n AcriCapitalUn ACACU ... 11.60 9.92 10.20 ... ... AlliantEnergy LNT 21 65.37 47.19 55.21 -6.26 -10.2 AnikaTherap ANIK dd 36.84 19.95 29.60 -6.23 -17.4 AstraSpace ASTR dd 6.95 0.41 0.43 -6.50 -93.7 BeyondMeat BYND dd 74.00 11.03 12.31 -52.85 -81.1
n AcriCapitalWt ACACW ... 0.14 0.03 0.04 ... ... AlliedMotionTech AMOT 36 43.37 21.14 34.81 -1.68 -4.6 Annexon ANNX dd 11.95 2.06 5.17 -6.32 -55.0 AstraZeneca AZN cc 71.70 52.65 67.80 9.55 16.4 BicycleTherap BCYC dd 60.80 12.08 29.60 -31.27 -51.4

ly
n AcrivonTherap ACRV ... 20.70 10.90 11.52 ... ... AllogeneTherap ALLO dd 17.49 5.55 6.29 -8.63 -57.8 AnthemisDigital I ADALU ... 10.59 9.82 10.20 0.07 0.7 AstriaTherap ATXS dd 15.45 2.36 14.89 9.50 176.3 Big5SportingGds BGFV 4 21.40 8.36 8.83 -10.18 -53.6
ActivisionBliz ATVI 36 86.90 61.99 76.55 10.02 15.1 Allot ALLT dd 12.79 2.75 3.44 -8.44 -71.0 AnthemisDigA ADAL cc 10.28 9.80 10.26 0.41 4.2 Astronics ATRO dd 14.87 7.46 10.30 -1.70 -14.2 BigCommerce BIGC dd 37.75 7.75 8.74 -26.63 -75.3
AcumenPharm ABOS dd 10.97 3.02 5.40 -1.36 -20.1 AlloVir ALVR dd 13.70 3.17 5.13 -7.81 -60.4 AnthemisDigI Wt ADALW ... 0.60 0.06 0.11 -0.41 -78.8 AstroNova ALOT cc 15.98 10.97 12.82 -0.68 -5.0 Bilibili BILI dd 46.35 8.23 23.69 -22.71 -48.9
AcutusMedical AFIB dd 4.00 0.48 1.15 -2.26 -66.3 AllscriptsHlthcr MDRX 46 23.25 13.59 17.64 -0.81 -4.4 ApellisPharm APLS dd 70.00 33.32 51.71 4.43 9.4 AtaraBiotherap ATRA dd 16.93 2.83 3.28 -12.48 -79.2 Bio-Techne TECH 46 129.76 68.00 82.88 -46.45 -35.9
Adagene ADAG ... 9.25 0.90 1.32 -6.74 -83.6 AlnylamPharm ALNY dd 242.97 117.58 237.65 68.07 40.1 ApogeeEnt APOG 14 50.45 35.96 44.46 -3.69 -7.7 AteaPharm AVIR 13 9.79 4.17 4.81 -4.13 -46.2 BioAtla BCAB dd 20.49 2.01 8.25 -11.38 -58.0
AdaptimmuneTher ADAP dd 4.12 1.01 1.46 -2.29 -61.1 Alpha&Omega AOSL 2 69.99 27.38 28.57 -31.99 -52.8 ApolloEnd APEN dd 10.30 3.49 9.97 1.54 18.3 Athenex ATNX dd 1.66 0.12 0.15 -1.21 -89.2 BioceresCrop BIOX dd 16.00 9.27 12.03 -2.11 -14.9
AdaptiveBiotech ADPT
AddusHomeCare ADUS
Adeia
AdicetBio
Adobe
AdvEmissions ADES
ADEA
ACET
ADBE
dd 28.92
36 112.89
dd 11.85
dd 21.87
33 575.00
dd 7.25
5.96 7.64 -20.42
68.57 99.49 5.98
6.30 9.48 0.59
7.56 8.94 -8.55
274.73 336.53-230.53
2.11 2.43 -4.19
-72.8
6.4
6.6
-48.9
-40.7
-63.3
AlphaStarAcqn ALSAU
n AlphaStarAcqn ALSA
n AlphaStarRt ALSAR
n AlphaStarWt ALSAW
AlphaTeknova TKNO
Alphabet A GOOGL
on
... 10.79
cc 10.27
... 0.33
... 0.25
dd 22.00
18 151.55
9.94
9.77
0.05
0.01
3.02
83.34
10.37 0.12
10.26
0.12
0.02
...
...
...
5.64 -14.84
88.23 -56.62
1.2

-72.5
-39.1
...
...
...
AppFolio
AppHarvest APPH
AppHarvestWt APPHW
Appian
Apple
APPF

APPN
AAPL
AppliedDigital APLD
dd
dd
...
dd
21
dd
127.74 79.92
7.05 0.47
1.67 0.07
66.91 31.18
182.94 125.87
27.12 0.85
105.38 -15.68
0.57 -3.32
0.10 -0.49
32.56 -32.65
129.93 -47.64
1.84 -23.30
-13.0
-85.4
-83.8
-50.1
-26.8
-92.7
AthiraPharma ATHA
AtlanticAmerican AAME
n AtlCoastalAcqnII ACABU
n AtlCoastal II A ACAB
n AtlCoastal II Wt ACABW
AtlUnionBkshs AUB
dd 14.22
19 3.79
... 11.99
dd 10.24
... 0.22
13 42.67
2.53 3.17 -9.86
2.12 2.34 -0.11
9.56 10.18
9.87 10.19
0.01 0.07
30.26 35.14 -2.15
...
...
...
-75.7
-4.4
...
...
...
-5.8
BioCryst
Biodesix
Biogen
BCRX
BDSX
BIIB
BioMarinPharm BMRN
BiomeaFusion BMEA
Bionomics BNOX
dd
dd
14
cc
dd
dd
19.99
6.00
311.88
109.56
14.20
13.76
7.61
0.95
187.16
70.73
2.84
4.25
11.48 -2.37
2.30 -2.99
276.92 37.00
103.49 15.14
8.43 0.98
4.65 -7.90
-17.1
-56.5
15.4
17.1
13.2
-62.9
AdvEnergyInds AEIS 17 98.07 67.55 85.78 -5.28 -5.8 Alphabet C GOOG 18 152.10 83.45 88.73 -55.95 -38.7 ApplMaterials AMAT 13 167.06 71.12 97.38 -59.98 -38.1 AtlanticaSust AY dd 36.85 24.42 25.90 -9.86 -27.6 BioNTech BNTX 3 256.14 117.08 150.22 -107.58 -41.7
us ,

AdvMicroDevices AMD 39 152.42 54.57 64.77 -79.13 -55.0 Alphatec ATEC dd 13.65 5.73 12.35 0.92 8.0 AppliedMolecular AMTI dd 14.48 0.33 0.42 -13.56 -97.0 Atlanticus ATLC 4 73.29 23.15 26.20 -45.12 -63.3 n BioPlusAcqnA BIOS cc 10.23 9.78 10.22 ... ...
AdvantageSolns ADV 10 8.24 1.78 2.08 -5.94 -74.1 ... 10.11 10.00 10.11 ... ... dd 5.38 1.48 1.89 -3.25 -63.2 8 101.62 58.70 100.80 6.68 7.1 BioPlusAcqnUn BIOSU ... 10.25 9.92 10.20 0.20 2.0
l

n AlphaTimeAcqn ATMCU AppliedOptoelec AAOI AtlasAir AAWW

AdvantageSolnsWt ADVWW ... 2.57 0.09 0.13 -2.34 -94.8 n AlphaVestAcqn ATMVU ... 10.10 10.02 10.10 ... ... AppliedTherap APLT dd 6.75 0.50 0.76 -8.19 -91.5 AtlasTech ATCX dd 13.57 4.71 5.15 -3.27 -38.8 n BioPlusAcqnWt BIOSW ... 0.34 ... 0.10 ... ...
e
AdverumBiotech ADVM dd 2.04 0.53 0.58 -1.18 -67.1 BioraTherap BIOR dd 2.31 0.13 0.13 -1.96 -93.7
al a

AlpineImmune ALPN dd 14.17 4.82 7.35 -6.50 -46.9 Applovin APP dd 98.14 9.14 10.53 -83.73 -88.8 Atlassian TEAM dd 380.63 113.86 128.68 -252.61 -66.3
AegleaBioTherap AGLE dd 4.83 0.34 0.45 -4.30 -90.5 AlpineSummit ALPS 5 7.25 4.35 5.01 1.31 35.4 Appreciate SFR dd 13.40 1.10 1.15 -8.65 -88.3 n AtlisMotor AMV ... 243.99 3.00 3.25 ... ... Biote BTMD 13 10.53 2.00 3.73 -6.07 -61.9
Aemetis AMTX dd 16.06 3.71 3.96 -8.34 -67.8 n AlsetCapAcqn ACAXU ... 11.19 9.94 10.04 ... ... ApreaTherap APRE dd 3.21 0.30 0.33 -2.54 -88.5 n AtourLifestyle ATAT cc 18.91 11.02 18.02 ... ... BioteWt BTMDW ... 0.93 0.05 0.30 -0.42 -58.3
AerovateTherap AVTE dd 30.79 7.74 29.30 17.51 148.5 n AlsetCapAcqnA ACAX cc 10.40 9.80 10.05 ... ... Aptorum APM dd 2.35 0.40 0.55 -0.95 -63.3 Atreca BCEL dd 5.36 0.76 0.80 -2.23 -73.6 Bioventus BVS dd 15.57 1.65 2.61 -11.88 -82.0
ci on

AeroVironment AVAV dd 114.11 52.03 85.66 23.63 38.1 n AlsetCapAcqnRt ACAXR ... 0.30 0.05 0.15 ... ... n APxAcqnI Wt APXIW ... 0.40 0.02 0.02 ... ... AtriCure ATRC dd 72.31 32.51 44.38 -25.15 -36.2 Bitfarms BITF dd 5.39 0.38 0.44 -4.61 -91.3
AestherHlthcr AEHAU ... 10.61 10.12 10.41 0.29 2.9 n AlsetCapAcqnWt ACAXW ... 0.60 0.03 0.08 ... ... APxAcqnI APXIU ... 10.61 9.64 10.26 0.19 1.9 Atrion ATRI 29 783.80 534.99 559.45-145.45 -20.6 BlackDiamond BDTX dd 5.68 1.18 1.80 -3.53 -66.2
AestherHlthcrA AEHA dd 10.60 9.98 10.40 0.41 4.1 AltairEngg ALTR dd 78.38 43.17 45.47 -31.85 -41.2 n APxAcqnI A APXI 18 10.53 9.80 10.28 ... ... AuburnNatlBncp AUBN 10 37.11 21.77 23.00 -9.30 -28.8 Blackbaud BLKB dd 83.97 43.54 58.86 -20.12 -25.5
AestherHlthcrWt AEHAW ... 0.47 0.06 0.15 -0.32 -68.1 AltEnergyAcqn AEAEU ... 10.20 9.91 10.20 0.11 1.1 ApyxMedical APYX dd 13.78 1.31 2.34 -10.48 -81.7 AudioCodes AUDC 21 35.66 16.79 17.89 -16.85 -48.5 BlackLine BL dd 104.64 48.73 67.27 -36.27 -35.0
AestheticMed AIH ... 3.80 1.04 1.29 -2.19 -62.9 AltEnergyA AEAE 12 10.20 9.76 10.17 0.32 3.2 AquestiveTherap AQST dd 4.29 0.62 0.90 -2.99 -76.8 AuraBiosciences AURA dd 24.83 9.43 10.50 -6.48 -38.2 n bleuacaciaA BLEU cc 10.08 9.61 10.06 ... ...
AetheriumAcqn GMFIU ... 10.15 9.86 10.12 0.12 1.2 AltEnergyWt AEAEW ... 0.62 0.03 0.10 -0.48 -82.2 Aravive ARAV dd 2.84 0.58 1.32 -0.87 -39.7 n AuraFatProjects AFARU ... 11.19 9.90 10.23 ... ... n bleuacaciaRt BLEUR ... 0.25 0.04 0.10 ... ...
n AetheriumAcqnA GMFI dd 10.19 9.72 10.18 ... ... Altimmune ALT dd 23.49 3.83 16.45 7.29 79.6 ArborRaphaCapBioI ARCKW ... 0.54 0.01 0.04 -0.46 -92.0 n AuraFatProjectsA AFAR ... 10.28 9.83 10.26 ... ... bleuacaciaUn BLEUU ... 10.73 9.35 10.18 0.13 1.3
n AetheriumWt GMFIW ... 0.25 ... ... ... ... AltisourcePortf ASPS 5 17.67 8.68 9.46 -1.76 -15.7 ArborRaphaI ARCKU ... 12.09 9.98 10.70 0.55 5.4 n AuraFatProjectsWt AFARW ... 0.12 0.03 0.03 ... ... n bleuacaciaWt BLEUW ... 0.50 0.01 0.01 ... ...
Affimed AFMD dd 5.76 1.03 1.24 -4.28 -77.5 AltraIndlMotion AIMC cc 60.44 32.18 59.75 8.18 15.9 ArborRaphaCapBioI ARCK dd 11.69 9.93 10.85 0.90 9.0 AuriniaPharm AUPH dd 23.42 4.07 4.32 -18.55 -81.1 n BlockchainCoinWt BCSAW ... 0.83 0.02 0.06 -0.64 -91.4
er s

AffirmHldgs AFRM dd 102.21 8.62 9.67 -90.89 -90.4 Alvotech ALVO cc 14.04 5.20 10.00 0.12 1.2 ArbutusBiopharma ABUS dd 4.00 1.85 2.33 -1.56 -40.1 AuroraCannabis ACB dd 6.05 0.82 0.92 -4.49 -82.9 BlockchainCoinI BCSAU ... 10.40 9.83 10.27 0.16 1.6
Afya AFYA 21 17.02 8.73 15.62 -0.09 -0.6 AlvotechWt ALVOW ... 1.30 0.36 0.93 -0.13 -12.3 ArcBest ARCB 6 124.03 65.16 70.04 -49.81 -41.6 AuroraInnov AUR dd 11.78 1.10 1.21 -10.05 -89.3 n BlockchainCoinIA BCSA 53 10.58 4.09 10.24 0.41 4.2
Agilysys AGYS cc 82.17 31.49 79.14 34.68 78.0 AmalgamFin AMAL 10 27.33 15.58 23.04 6.27 37.4 n Arcellx ACLX dd 33.99 6.04 30.98 ... ... AuroraInnovWt AUROW ... 3.50 0.10 0.13 -2.98 -95.8 BlockchainMoon BMAQU ... 11.00 9.07 10.18 -0.35 -3.3
dd 35.12 16.75 28.08 -4.79 -14.6 dd 10.40 9.73 10.27 0.53 5.4
m er

AgiosPharm AGIO Amarin AMRN dd 3.81 1.04 1.21 -2.16 -64.1 ArchCapital ACGL 20 63.88 41.05 62.78 18.33 41.2 AuroraMobile JG dd 1.42 0.60 0.64 -0.40 -38.4 BlockchainMoonA BMAQ
Agora API dd 16.48 2.50 3.91 -12.30 -75.9 Amazon.com AMZN 77 171.40 81.69 84.00 -82.72 -49.6 Arcimoto FUV dd 165.40 2.54 3.30 -152.30 -97.9 n AuroraTech ATAKU ... 10.80 9.97 10.25 ... ... BlockchainMoonRt BMAQR ... 0.36 0.03 0.04 -0.31 -89.7
AgroFresh AGFS dd 2.98 1.46 2.96 0.97 48.7 Ambarella AMBA dd 220.14 49.02 82.23-120.66 -59.5 ArcoPlatform ARCE cc 22.74 7.85 13.50 -7.39 -35.4 n AuroraTechA ATAK 48 10.23 9.54 10.23 ... ... BlockchainMoonWt BMAQW ... 0.41 0.01 0.02 -0.38 -95.2
AhrenAcqn AHRNU ... 10.23 9.91 10.21 0.19 1.9 Amdocs DOX 21 91.23 72.63 90.90 16.06 21.5 ArcturusTherap ARCT dd 40.00 11.70 16.96 -20.05 -54.2 n AuroraTechRt ATAKR ... 0.25 0.05 0.13 ... ... BloominBrands BLMN 21 25.51 15.89 20.12 -0.86 -4.1
n AhrenAcqnA AHRN 44 10.23 9.76 10.23 ... ... Amedisys AMED 23 179.91 79.48 83.54 -78.34 -48.4 ArcutisBiotherap ARQT dd 27.40 13.37 14.80 -5.94 -28.6 n AuroraTechWt ATAKW ... 0.12 0.01 0.02 ... ... Blucora BCOR 45 27.50 15.10 25.53 8.21 47.4
n AhrenAcqnWt AHRNW ... 0.47 0.07 0.08 ... ... AmerantBncpA AMTB 9 36.14 24.41 26.84 -7.71 -22.3 Ardelyx ARDX dd 2.86 0.49 2.85 1.75 159.1 Autodesk ADSK 66 284.96 163.20 186.87 -94.32 -33.5 BlueBird BLBD dd 22.10 7.13 10.71 -4.93 -31.5
n AimfinityUn AIMBU ... 10.30 9.75 10.04 ... ... AmerAirlines AAL dd 21.42 11.65 12.72 -5.24 -29.2 arGEN-X ARGX dd 407.93 249.50 378.83 28.64 8.2 AutolusTherap AUTL dd 5.59 1.60 1.90 -3.29 -63.4 BlueFoundryBncp BLFY dd 14.95 11.01 12.85 -1.78 -12.2
m rp

n AimfinityWt AIMAW ... 0.13 0.03 0.03 ... ... AEP AEP 20 105.60 80.30 94.95 5.98 6.7 ArgoBlockchain ARBK dd 13.14 0.36 1.08 -11.08 -91.1 ADP ADP 33 274.92 192.26 238.86 -7.72 -3.1 BlueOceanAcqn BOCNU ... 10.28 9.90 10.28 0.29 2.9
n AimfinityInvtI AIMAU ... 10.09 9.85 10.07 ... ... AmerElecPwrUn AEPPZ ... 58.65 47.58 51.58 -1.02 -1.9 Arhaus ARHS 14 13.87 4.23 9.75 -3.50 -26.4 AvadelPharm AVDL dd 10.02 1.05 7.16 -0.92 -11.4 n BlueOceanA BOCN 20 10.80 9.80 10.28 ... ...
AirT AIRT cc 29.53 14.01 24.72 -0.43 -1.7 AmNtlBcsh AMNB 11 39.99 31.62 36.93 -0.75 -2.0 AriszAcqnA ARIZ dd 10.14 9.74 10.10 0.34 3.5 AvalonAcqn AVACU ... 10.17 10.00 10.08 -0.08 -0.8 n BlueOceanWt BOCNW ... 0.33 0.04 0.07 ... ...

JOURNAL REPORT | NEW YORK STOCK EXCHANGE 2022 TRADING SUMMARY

co Fo

Net Pct Net Pct Net Pct Net Pct Net Pct
Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg
n ShoulderUpTechWt SUAC.WS ... 0.61 ... 0.02 ... ... SunlandsTech STG 1 8.11 2.16 7.29 2.34 47.3 TootsieRoll TR 42 46.52 31.05 42.57 7.40 21.0 USGasolineFd UGA ... 80.29 41.09 59.94 18.98 46.3 WarburgPincusI-A WPCA 34 10.79 9.66 10.10 0.30 3.1
Shutterstock SSTK 23 111.66 44.61 52.72 -58.16 -52.5 SunlightFinl SUNL dd 5.70 0.96 1.29 -3.49 -73.0 TopBuild BLD 10 280.83 140.66 156.49 -119.42 -43.3 US NatGas UNG ... 34.50 12.09 14.10 1.61 12.9 WarburgPincusI-B WPCB.U ... 10.14 9.79 10.08 0.13 1.3
Sibanye-Stillwater SBSW 6 20.64 8.00 10.66 -1.88 -15.0 SunlightFinWt SUNL.WS ... 1.06 0.08 0.16 -0.50 -75.7 TopgolfCallaway MODG 20 28.29 16.80 19.75 -7.69 -28.0 US Steel X 2 39.25 16.41 25.05 1.24 5.2 WarburgPincusI-B A WPCB 38 10.11 9.68 10.09 0.33 3.4
SignetJewelers SIG 11 98.67 48.30 68.00 -19.03 -21.9 SunnovaEnergy NOVA dd 31.47 12.47 18.01 -9.91 -35.5 Toro TTC 27 115.57 71.86 113.20 13.29 13.3 US12mthNtlGas UNL ... 29.37 11.56 17.23 5.51 47.0 WarbyParker WRBY dd 47.29 10.86 13.49 -33.07 -71.0
SignifyHealth SGFY dd 29.88 10.70 28.66 14.44 101.5 Sunoco SUN 8 46.95 34.26 43.10 2.27 5.6 TorontoDomBk TD 9 86.02 57.27 64.76 -11.92 -15.5 US12moOilFd USL ... 45.45 27.70 35.50 7.57 27.1 WarriorMetCoal HCC 3 42.95 24.72 34.64 8.93 34.7
SilganHoldings SLGN 14 54.59 38.59 51.84 9.00 21.0 SunstoneHotelInv SHO 11 12.72 9.20 9.66 -2.07 -17.6 Torrid CURV 10 11.29 2.59 2.96 -6.92 -70.0 UnitedHealth UNH 26 558.10 445.74 530.18 28.04 5.6 WasteConnections WCN 42 148.20 113.50 132.56 -3.71 -2.7
SilverBowRscs SBOW 2 49.91 19.00 28.28 6.51 29.9 SuperGroup SGHC dd 11.09 2.57 3.00 -6.92 -69.8 TortoiseEcofinIII TRTL.U ... 10.54 9.66 10.03 0.09 0.9 UnitySoftware U dd 144.69 21.22 28.59 -114.40 -80.0 WasteMgt WM 29 175.98 138.58 156.88 -10.02 -6.0
SilvergateCapital SI 5 162.65 15.35 17.40-130.80 -88.3 SuperiorIndsIntl SUP dd 6.06 2.88 4.22 -0.26 -5.8 TortoiseEcoIII A TRTL 27 10.04 9.61 9.95 0.26 2.7 Univar UNVR 9 34.53 21.49 31.80 3.45 12.2 Waterdrop WDH 22 3.36 0.90 3.33 1.95 141.3
Similarweb SMWB dd 18.31 4.37 6.43 -11.48 -64.1 SupernovaPtrsIII STRE.U ... 10.19 9.75 10.08 0.18 1.8 TortoiseEcoIII Wt TRTL.WS ... 0.96 0.04 0.20 -0.71 -78.0 Universal UVV 15 64.13 43.64 52.81 -2.11 -3.8 Waters WAT 30 372.24 265.61 342.58 -30.02 -8.1
SimonProperty SPG 19 165.83 86.02 117.48 -42.29 -26.5 Supernova III A STRE 37 10.10 9.67 10.08 0.33 3.4 TotalEnergies TTE 7 64.02 44.61 62.08 12.62 25.5 UniversalHealth UHT 6 61.32 40.92 47.73 -11.74 -19.7 Watsco WSO 18 316.05 220.68 249.40 -63.48 -20.3
SimpsonMfg SSD 11 139.54 75.25 88.66 -50.41 -36.2 Supernova III Wt STRE.WS ... 0.91 0.01 0.02 -0.88 -97.4 TownsquareMedia TSQ 13 13.70 7.05 7.25 -6.08 -45.6 UniversalHealthB UHS 14 158.28 82.50 140.89 11.23 8.7 Watsco B WSOB 18 314.00 232.59 252.51 -54.31 -17.7
SiriusPoint SPNT dd 8.66 4.07 5.90 -2.23 -27.4 Suzano SUZ 4 12.82 7.71 9.24 -1.56 -14.4 ToyotaMotor TM 9 213.74 130.07 136.58 -48.72 -26.3 UnivInsurance UVE dd 19.64 8.39 10.59 -6.41 -37.7 WattsWater WTS 22 195.60 116.31 146.23 -47.94 -24.7
SisecamRscs SIRE 7 23.99 16.00 21.00 4.50 27.3 Sweetgreen SG dd 40.10 8.10 8.57 -23.43 -73.2 Traeger COOK dd 12.38 2.48 2.82 -9.34 -76.8 UnvlTechInst UTI 18 11.45 5.27 6.72 -1.10 -14.1 WaverleyCap1 Wt WAVC.WS ... 0.82 0.02 0.05 -0.68 -93.7
SiteOneLandscape SITE 20 246.02 97.36 117.32 -124.96 -51.6 Sylvamo SLVM 25 57.38 26.88 48.59 20.70 74.2 TrajectoryAlpha TCOA.U ... 10.07 9.78 10.03 0.10 1.0 UnumGroup UNM 7 46.64 24.23 41.03 16.46 67.0 WaverleyCap1 WAVC.U ... 10.03 9.67 10.01 0.12 1.2
SitioRoyalties STR 21 33.65 18.32 28.85 9.37 48.1 SynchronyFin SYF 5 50.20 27.21 32.86 -13.53 -29.2 n TrajectoryAlphaA TCOA dd 10.05 9.62 10.05 ... ... UpHealth UPH dd 27.87 1.61 1.63 -20.77 -92.7 WaverleyCap1 A WAVC cc 10.05 9.50 10.02 0.32 3.3
n-

SixFlags SIX 20 47.24 16.83 23.25 -19.33 -45.4 SynovusFin SNV 8 54.40 34.15 37.55 -10.32 -21.6 n TrajectoryWt TCOA.WS ... 0.45 0.01 0.04 ... ... UpHealthWt UPH.WS ... 0.41 ... 0.01 -0.28 -95.5 Wayfair W dd 197.77 28.11 32.89 -157.08 -82.7
SkechersUSA SKX 9 49.89 31.28 41.95 -1.45 -3.3 Sysco SYY 27 91.53 70.61 76.45 -2.10 -2.7 TraneTech TT 24 201.65 120.64 168.09 -33.94 -16.8 UrbanEdgeProp UE 22 19.96 12.91 14.09 -4.91 -25.8 WeaveComms WEAV dd 15.65 2.91 4.58 -10.60 -69.8
SkeenaRscs SKE dd 13.39 4.10 5.32 -5.11 -49.0 System1 SST dd 37.10 3.45 4.69 -5.27 -52.9 Transalta TAC 35 12.13 7.55 8.97 -2.15 -19.3 UrstadtBiddle UBP 28 22.80 14.76 18.21 -0.95 -5.0 Weber WEBR dd 13.09 4.82 8.05 -4.88 -37.7
Skillsoft SKIL dd 9.18 1.03 1.30 -7.85 -85.8 System1Wt SST.WS ... 4.71 0.38 0.46 -0.69 -59.7 TrancntlRlty TCI 1 47.76 37.01 44.18 5.08 13.0 UrstadtProp A UBA 29 21.64 15.07 18.95 -2.35 -11.0 WebsterFin WBS 14 65.00 40.72 47.34 -8.50 -15.2
SkillsoftWt SKIL.WS ... 1.87 0.08 0.13 -1.77 -93.3 TransDigm TDG 47 684.72 499.63 629.65 -6.63 -1.0 UsanaHealth USNA 13 103.26 48.61 53.20 -48.00 -47.4 WeisMarkets WMK 19 95.57 58.40 82.29 16.41 24.9
Skillz SKLZ dd 7.78 0.45 0.51 -6.93 -93.2 T Transocean RIG dd 5.56 2.32 4.56 1.80 65.2 UserTesting USER dd 11.99 3.31 7.51 -0.91 -10.8 WellsFargo WFC 11 60.30 36.54 41.29 -6.69 -13.9
no

SkylineChamp SKY 7 81.87 43.04 51.51 -27.47 -34.8 TransportadGas TGS 8 11.97 4.11 11.80 7.36 165.8 UtzBrands UTZ dd 19.98 12.06 15.86 -0.09 -0.6 Welltower WELL cc 99.43 56.50 65.55 -20.22 -23.6
SmartRent SMRT dd 9.83 2.03 2.43 -7.25 -74.9 TAL Education TAL dd 10.45 1.60 7.05 3.12 79.4 TransUnion TRU 43 119.16 50.32 56.75 -61.83 -52.1 WescoIntl WCC 9 147.05 99.00 125.20 -6.39 -4.9
dd 77.75 25.09 39.36 -38.09 -49.2 3 102.96 68.75 72.29 -23.07 -24.2
Smartsheet SMAR
SmithAO AOS 18 86.10 46.58 57.24 -28.61 -33.3
TC Energy
TDCX
TRP
TDCX
16 59.38 39.11 39.86 -6.68
23 19.98 6.52 12.38 -6.77
-14.4
-35.4
Travel+Leisure TNL
Travelers TRV
8 63.19
14 191.22
33.57
149.65
36.40 -18.87
187.49 31.06
-34.1
19.9
V WestFraserTimber WFG
WestPharmSvcs WST 28 468.05 206.19 235.35-233.66 -49.8
Smith&Nephew SNN 24 36.68 21.77 26.89 -7.73 -22.3 TD Synnex SNX 17 119.30 78.86 94.71 -19.65 -17.2 Tredegar TG 6 13.15 9.43 10.22 -1.60 -13.5 VF VFC 26 76.61 25.05 27.61 -45.61 -62.3 WestAllianceBcp WAL 6 124.93 54.86 59.56 -48.09 -44.7
Smucker SJM 30 160.53 119.82 158.46 22.64 16.7 TE Connectivity TEL 15 165.81 104.76 114.80 -46.54 -28.8 TreeHouseFoods THS dd 51.04 29.47 49.38 8.85 21.8 ViaOptronics VIAO dd 10.69 1.25 1.60 -5.75 -78.3 WstAstMtgCap WMC dd 23.00 7.00 9.11 -11.99 -56.8
Snap SNAP dd 47.71 7.33 8.95 -38.08 -81.0 Tegna TGNA 9 23.04 17.94 21.19 2.63 14.2 Trex TREX 24 136.78 38.68 42.33 -92.70 -68.7 VICI Prop VICI 30 35.69 26.23 32.40 2.29 7.6 WesternMidstrm WES 10 29.50 21.69 26.85 4.58 20.6
SnapOn SNA 14 245.56 190.08 228.49 13.11 6.1 Telus TU 17 27.50 18.85 19.31 -4.26 -18.1 TriPointe TPH 4 28.09 14.59 18.59 -9.30 -33.3 Vizio VZIO dd 19.83 6.47 7.41 -12.02 -61.9 WesternUnion WU 7 20.40 12.27 13.77 -4.07 -22.8
Snowflake SNOW dd 344.00 110.27 143.54 -195.21 -57.6 TelusIntl TIXT 29 34.45 17.65 19.79 -13.27 -40.1 TriconRes TCN 3 17.23 7.18 7.71 -7.57 -49.5 VOC Energy VOC 9 10.42 4.65 10.37 5.68 121.1 WestlakeChemPtrs WLKP 11 29.40 19.71 23.50 -3.36 -12.5
SOQUIMICH SQM 7 115.76 46.70 79.84 29.41 58.3 Ternium TX 2 50.36 26.01 30.56 -12.96 -29.8 TrineIIAcqn TRAQ.U ... 10.28 9.95 10.28 0.15 1.5 VTEX VTEX dd 10.94 2.66 3.75 -6.97 -65.0 Westlake WLK 5 141.19 81.28 102.54 5.41 5.6
SolarisOilfield SOI 19 14.61 6.60 9.93 3.38 51.6 TFI Intl TFII 11 112.49 71.63 100.24 -11.87 -10.6 TrineIIAcqnA TRAQ 23 10.31 9.77 10.30 0.45 4.6 V2X VVX 35 48.75 29.55 41.29 -4.48 -9.8 WestRock WRK 10 54.78 30.08 35.16 -9.20 -20.7
SolarWinds SWI dd 14.75 7.51 9.36 -4.83 -34.0 TIM TIMB 14 15.61 10.71 11.65 0.01 0.1 TrineIIAcqnWt TRAQ.WS ... 0.66 0.02 0.08 -0.52 -86.7 VaalcoEnergy EGY 4 8.77 3.16 4.56 1.35 42.1 Westwood WHG 68 20.00 9.55 11.13 -5.81 -34.3
SoloBrands DTC dd 17.45 3.39 3.72 -11.91 -76.2 TJX TJX 28 81.17 53.69 79.60 3.68 4.8 TriNet TNET 12 103.36 60.60 67.80 -27.46 -28.8 VailResorts MTN 28 329.07 201.91 238.35 -89.55 -27.3 WeWork WE dd 9.83 1.02 1.43 -7.17 -83.4
Sonendo SONX dd 8.45 0.86 2.83 -2.93 -50.9 TLG Acqn One TLGA.U ... 10.55 9.69 10.16 0.26 2.6 TrinityIndustries TRN 67 35.35 20.94 29.57 -0.63 -2.1 Valaris VAL 29 70.17 36.17 67.62 31.62 87.8 WeWorkWt WE.WS ... 2.65 0.06 0.11 -1.89 -94.5
SonicAutomotive SAH 5 59.19 34.17 49.27 -0.18 -0.4 TLGAcqnOneA TLGA 44 10.30 9.68 10.18 0.45 4.6 Trinseo TSE 19 59.73 17.54 22.71 -29.75 -56.7 ValarisWt VAL.WS ... 13.70 3.17 11.90 8.63 263.9 Weyerhaeuser WY 10 43.04 27.36 31.00 -10.18 -24.7
SonidaSrLiving SNDA dd 36.47 11.25 12.50 -15.99 -56.1 TPGPaceBenII YTPG dd 9.98 9.70 9.82 0.03 0.3 TripleFlagPrecMtl TFPM 41 16.60 10.36 13.76 1.61 13.3 Vale VALE 4 21.29 11.72 16.97 2.95 21.0 WheatonPrecMet WPM 22 51.91 28.62 39.08 -3.85 -9.0
SonocoProducts SON 14 67.06 51.52 60.71 2.82 4.9 TPG RE Fin TRTX dd 13.38 6.31 6.79 -5.53 -44.9 TristarAcqnI TRIS.U ... 10.20 9.84 10.10 ... 0.0 ValensSemicon VLN dd 7.65 2.71 5.37 -2.33 -30.3 WheelsUp UP dd 4.74 0.98 1.03 -3.61 -77.8
Sony SONY 13 133.75 61.72 76.28 -50.12 -39.7 TailwindIntlAcqn TWNI.U ... 10.09 9.50 10.09 0.20 2.0 TristarAcqnI TRIS 19 10.14 9.69 10.11 0.35 3.6 ValensSemiconWt VLN.WS ... 0.75 0.15 0.41 -0.15 -26.3 WheelsUpWt UP.WS ... 0.91 0.04 0.06 -0.76 -92.7
SoJerseyInd SJI 27 35.68 23.14 35.53 9.41 36.0 TailwindIntlA TWNI 46 10.10 9.66 10.09 0.34 3.5 TristarAcqnIWt TRIS.WS ... 0.55 0.01 0.03 -0.48 -95.0 ValeroEnergy VLO 5 146.81 75.04 126.86 51.75 68.9 Whirlpool WHR 23 245.44 124.43 141.46 -93.20 -39.7
SouthJerseyUn SJIV ... 71.52 50.82 69.02 13.22 23.7 TaiwanSemi TSM 13 145.00 59.43 74.49 -45.82 -38.1 6 72.34 48.64 68.78 8.55 14.2 WhiteMtnIns WTM dd1435.45 982.601414.33 400.43 39.5
TritonIntl TRTN Valhi VHI 4 54.06 20.83 22.00 -6.75 -23.5
Southern SO 23 80.57 60.71 71.41 2.83 4.1 TakedaPharm TAK 29 15.66 12.28 15.60 1.97 14.5 7 27.85 7.84 10.52 -8.01 -43.2 WhitestoneREIT WSR 27 13.66 8.15 9.64 -0.49 -4.8
TriumphGroup TGI ValmontInds VMI 30 353.36 203.31 330.67 80.17 32.0
SoCopper SCCO 18 79.31 42.42 60.39 -1.32 -2.1 TalosEnergy TALO 3 25.49 9.08 18.88 9.08 92.7 4 25.95 11.09 13.71 -10.32 -42.9 WideOpenWest WOW 3 22.94 8.57 9.11 -12.41 -57.7
Tronox TROX Valvoline VVV 14 37.97 24.40 32.65 -4.64 -12.4
SouthportAcqn PORT.U ... 10.60 9.78 10.13 0.13 1.3 Tanger SKT 25 20.29 13.26 17.94 -1.34 -7.0 9 30.32 15.77 19.58 -8.09 -29.2 Wiley A WLY 23 58.20 36.57 40.06 -17.21 -30.1
TrueBlue TBI Vapotherm VAPO dd 21.06 0.46 2.70 -18.01 -87.0
n SouthportAcqnA PORT 17 10.41 9.76 10.18 ... ... Tapestry TPR 12 42.36 26.39 38.08 -2.52 -6.2 10 68.95 40.01 43.03 -15.52 -26.5 Wiley B WLYB 22 58.25 37.89 39.23 -16.60 -29.7
TruistFinl TFC VectorGroup VGR 12 13.38 8.64 11.86 0.38 3.3
n SouthportAcqnWt PORT.WS ... 0.45 0.02 0.02 ... ... TargaResources TRGP 71 81.50 52.19 73.50 21.26 40.7 Williams WMB 20 37.97 26.02 32.90 6.86 26.3
TsakosEnergy TNP dd 20.20 6.95 16.93 9.69 133.8 VeevaSystems VEEV 66 257.68 151.02 161.38 -94.10 -36.8
SouthwestAir LUV 26 50.10 30.20 33.67 -9.17 -21.4 Target TGT 20 254.87 137.16 149.04 -82.40 -35.6 WilliamsRowland WRAC.U ... 10.28 9.96 10.02 -0.09 -0.9
Tupperware TUP 5 21.10 3.75 4.14 -11.15 -72.9 Velo3D VLD dd 10.90 1.28 1.79 -6.02 -77.1
SouthwestGas SWX 25 95.62 59.51 61.88 -8.17 -11.7 TaroPharm TARO 17 51.08 27.50 29.04 -21.07 -42.0 WilliamsRowland WRAC dd 10.31 9.87 10.03 0.16 1.6
TurkcellIletism TKC 10 4.97 2.33 4.79 1.20 33.4 Velo3DWt VLD.WS ... 2.64 0.15 0.20 -1.46 -87.7
SouthwesternEner SWN 4 9.87 3.81 5.85 1.19 25.5 TataMotors TTM dd 35.08 22.06 23.11 -8.98 -28.0 WilliamsRowlandWt WRAC.WS ... 0.53 ... 0.05 -0.47 -91.3
TurningPoint TPB 11 38.63 18.81 21.63 -16.15 -42.7 VelocityFinl VEL 10 13.82 8.15 9.65 -4.05 -29.6
SpectrumBrands SPB 33 104.38 38.93 60.92 -40.80 -40.1 TaylorMorrison TMHC 3 35.17 20.05 30.35 -4.61 -13.2 Williams-Sonoma WSM 7 176.89 101.58 114.92 -54.21 -32.1
TutorPerini TPC dd 13.05 5.40 7.55 -4.82 -39.0 VenatorMaterials VNTR 1 2.80 0.41 0.54 -2.00 -78.7
SpireGlobal SPIR dd 3.62 0.86 0.96 -2.42 -71.6 Team TISI dd 30.70 5.06 5.25 -5.65 -51.8 Winnebago WGO 5 78.88 43.05 52.70 -22.22 -29.7
Tuya TUYA dd 6.70 0.77 1.91 -4.34 -69.4 Ventas VTR dd 64.02 35.33 45.05 -6.07 -11.9 17 9.85 4.38 4.66 -5.10 -52.3
SpireGlobalWt SPIR.WS ... 0.45 0.08 0.12 -0.32 -72.5 TechnipFMC FTI dd 13.08 5.47 12.19 6.27 105.9 Wipro WIT
Twilio TWLO dd 266.74 41.00 48.96 -214.38 -81.4 VerisResidential VRE dd 19.60 10.21 15.93 -2.45 -13.3 11 6.60 4.60 5.45 -0.67 -10.9
Spire SR 17 79.24 61.52 68.86 3.64 5.6 TeckRscsB TECK 6 45.90 24.72 37.82 9.00 31.2 WisdomTree WT
TwinRidgeCap TRCA.U ... 10.07 9.78 10.07 0.19 1.9 Veritiv VRTV 6 161.10 85.57 121.71 -0.86 -0.7 dd 125.58 58.07 69.04 -42.73 -38.2
SpiritAeroSys SPR dd 53.31 21.14 29.60 -13.49 -31.3 Tecnoglass TGLS 12 32.70 16.05 30.77 4.58 17.5 Wolfspeed WOLF
TwinRidgeCapA TRCA 41 10.09 9.67 10.09 0.40 4.1 Verizon VZ 9 55.51 34.55 39.40 -12.56 -24.2 6 29.75 9.60 10.93 -17.88 -62.1
SpiritAirlines SAVE dd 28.30 15.92 19.48 -2.37 -10.8 Teekay TK 22 4.62 2.54 4.54 1.40 44.6 WolverineWwide WWW
TwinRidgeCapWt TRCA.WS ... 0.61 0.01 0.03 -0.57 -95.0 VermilionEnergy VET 3 30.17 12.52 17.70 5.11 40.6 8 26.79 15.76 24.21 8.27 51.8
SpiritRealtyCap SRC 21 49.94 34.31 39.93 -8.26 -17.1 TeekayTankers TNK 25 36.61 9.89 30.81 19.91 182.7 WoodsideEnergy WDS
twoA TWOA dd 10.11 9.65 10.07 0.34 3.5 VerticalAerospace EVTL ... 12.64 2.72 3.39 -3.34 -49.6 3 39.71 22.18 27.53 -4.60 -14.3
Spotify SPOT dd 247.20 69.28 78.95-155.08 -66.3 TejonRanch TRC 29 20.14 14.31 18.84 -0.24 -1.3 WooriFin WF
dd 10.41 9.65 10.30 ... ... TwoHarbors TWO 4 24.00 12.12 15.77 -7.31 -31.7 VerticalAeroWt EVTL.WS ... 1.57 0.21 0.31 -0.37 -53.8 Workiva WK dd 131.91 59.43 83.97 -46.52 -35.7
n SpreeAcqn1 A SHAP TeladocHealth TDOC dd 95.71 22.35 23.65 -68.17 -74.2
dd 10.32 9.93 10.22 0.21 2.1 TylerTech TYL 73 538.96 281.11 322.41 -215.54 -40.1 Vertiv VRT dd 25.17 7.76 13.66 -11.31 -45.3 WorldFuelSvcs INT 16 29.28 19.29 27.33 0.86 3.2
SpreeAcqn1Un SHAP.U TelecomArgentina TEO dd 6.59 3.72 5.45 0.35 6.9
... 0.53 ... 0.04 ... ... TysonFoods TSN 7 100.72 59.38 62.25 -24.91 -28.6 Viad VVI dd 46.25 24.14 24.39 -18.40 -43.0 WorldQuantumA WQGA 23 10.22 9.76 10.19 0.38 3.9
n SpreeAcqn1 Wt SHAP.WS TeledyneTech TDY 26 493.97 325.00 399.91 -36.98 -8.5
Sprinklr CXM dd 16.00 7.25 8.17 -7.70 -48.5 Teleflex TFX 29 356.72 182.65 249.63 -78.85 -24.0 VicariousSurgical RBOT 4 10.79 1.69 2.02 -8.60 -81.0 WorldQuantumUn WQGA.U ... 10.80 9.94 9.97 -0.08 -0.8
Sprott SII 43 57.00 29.76 33.33 -11.76 -26.1 TelefonicaBras VIV 11 11.78 6.79 7.15 -1.50 -17.3 U VicariousSurgicWt RBOT.WS
Victoria'sSecret VSCO
...
7
2.01
65.20
0.12
26.14
0.15
35.78
-2.00
-19.76
-93.0
-35.6
WorldQuantumWt WQGA.WS ... 0.69 ... 0.01 -0.56 -98.2
SprucePower SPRU dd 3.56 0.69 0.92 -2.39 -72.2 Telefonica TEF cc 5.39 3.10 3.57 -0.67 -15.8 WW Ent WWE 27 81.63 47.71 68.52 19.18 38.9
Squarespace SQSP dd 34.97 14.43 22.17 -7.33 -24.8 TelekmIndonesia TLK 15 33.20 23.02 23.85 -5.14 -17.7 UBS Group UBS 9 21.48 13.80 18.67 0.80 4.5 VinceHolding VNCE dd 9.75 5.88 7.83 -0.14 -1.7 WorthingtonInds WOR 11 62.83 38.01 49.71 -4.95 -9.1
St.Joe JOE 30 62.21 31.11 38.65 -13.40 -25.7 Telephone&Data TDS 26 21.47 9.65 10.49 -9.66 -47.9 UDR UDR 79 61.06 37.18 38.73 -21.26 -35.4 Vipshop VIPS 11 14.23 5.75 13.64 5.24 62.4 WyndhamHtls WH 19 93.86 58.81 71.31 -18.34 -20.5
StandardMotor SMP 9 55.09 31.61 34.80 -17.59 -33.6 TempurSealy TPX 12 48.97 20.03 34.33 -12.70 -27.0 UGI UGI 7 47.04 31.19 37.07 -8.84 -19.3 VirginGalactic SPCE dd 13.73 3.25 3.48 -9.90 -74.0
UGIC 17 106.57 77.69 86.42 -18.55 -17.7 VirnetX VHC dd 2.74 0.99 1.30 -1.30 -50.0
StandexInt
StanleyBlackDck SWK
SXI 19 111.89
8 196.52
79.02 102.41 -8.25
70.24 75.12 -113.50
-7.5
-60.2
n 10XCapVentureIII VCXB.U
n 10XCapIII A VCXB
... 11.30 9.90 11.01
cc 11.15 9.71 9.77
...
...
...
...
UGI Un
U-Haul UHAL 1 73.16 44.79 60.19 -12.43 -17.1 Visa V 30 235.85 174.60 207.76 -8.95 -4.1 XYZ
Stantec STN 36 56.35 40.92 47.94 -8.31 -14.8 n 10XCapIII Wt VCXB.WS ... 0.35 0.01 0.08 ... ... n U-HaulDeCo.SeriesN UHAL/B ... 68.29 51.12 54.98 ... ... Vishay VSH 8 23.39 16.73 21.57 -0.30 -1.4 XFinancial XYF 2 3.45 1.62 3.02 0.01 0.3
StarGroup SGU 17 12.20 8.00 12.05 1.28 11.9 Tenaris TS 10 35.75 21.25 35.16 14.30 68.6 UMH Prop UMH dd 27.44 15.13 16.10 -11.23 -41.1 VishayPrecision VPG 16 41.63 27.03 38.65 1.53 4.1 XPO XPO 4 47.31 24.75 33.29 -12.71 -27.6
Starrett A SCX 4 10.69 6.26 7.36 -1.99 -21.3 TencentMusic TME 29 8.71 2.95 8.28 1.43 20.9 Unitil UTL 20 61.10 44.02 51.36 5.37 11.7 VistaEnergy VIST 10 16.24 5.17 15.66 10.33 193.8 XeniaHotels XHR dd 20.36 12.64 13.18 -4.93 -27.2
Startek SRT 20 5.34 2.60 3.75 -1.47 -28.2 TenetHealthcare THC 10 92.65 36.69 48.79 -32.90 -40.3 USA Compression USAC dd 20.40 14.90 19.53 2.08 11.9 VistaOutdoor VSTO 3 52.69 22.97 24.37 -21.70 -47.1 XinyuanRealEst XIN ... 12.30 2.95 4.01 -2.29 -36.3
StarwoodProp STWD 7 25.70 17.69 18.33 -5.97 -24.6 Tennant TNC 23 85.33 54.90 61.57 -19.47 -24.0 US Cellular USM 21 33.00 19.22 20.85 -10.67 -33.9 Vistra VST dd 27.39 20.26 23.20 0.43 1.9 XPeng XPEV dd 51.50 6.18 9.94 -40.39 -80.3
StateStreet STT 11 104.87 58.62 77.57 -15.43 -16.6 Teradata TDC 51 52.53 28.65 33.66 -8.81 -20.7 USD Partners USDP dd 6.90 3.01 3.16 -2.13 -40.3 VistraWt VST.WS.A ... 0.75 0.12 0.24 0.07 41.3 n Xperi XPER ... 26.00 8.15 8.61 ... ...
SteelPartners SPLP 7 47.62 32.01 42.80 0.80 1.9 Terex TEX 11 47.48 26.64 42.72 -1.23 -2.8 US Foods USFD 40 39.73 25.49 34.02 -0.81 -2.3 VivintSmartHome VVNT dd 11.93 3.26 11.90 2.12 21.7 XponentialFit XPOF dd 26.90 11.20 22.93 2.49 12.2
Steelcase SCS 48 12.93 6.20 7.07 -4.65 -39.7 TerranOrbital LLAP dd 12.69 1.29 1.58 -8.31 -84.0 US Oil Fund USO ... 92.20 53.94 70.11 15.75 29.0 VMware VMW 37 136.85 91.53 122.76 6.88 5.9 Xylem XYL 63 121.05 72.08 110.57 -9.35 -7.8
Stellantis STLA 3 21.92 11.37 14.20 -4.56 -24.3 TerranOrbitalWt LLAP.WS ... 0.86 0.08 0.10 -0.75 -88.2 US PhysTherapy USPH 27 131.50 73.30 81.03 -14.52 -15.2 Volta VLTA dd 7.64 0.30 0.36 -6.98 -95.2 Yeti YETI 19 83.00 27.86 41.31 -41.52 -50.1
Stem STEM dd 19.75 5.72 8.94 -10.03 -52.9 TerrenoRealty TRNO 25 85.92 50.36 56.87 -28.42 -33.3 US Silica SLCA 37 21.54 8.91 12.50 3.10 33.0 VoltaWt VLTA.WS ... 2.22 0.06 0.07 -1.79 -96.5 YPF YPF 2 9.39 2.82 9.19 5.37 140.6
Stepan SCL 16 126.24 91.64 106.46 -17.83 -14.3 TetraTech TTI 55 5.82 2.70 3.46 0.62 21.8 US Xpress USX dd 6.29 1.46 1.81 -4.06 -69.2 Vontier VNT 7 31.30 16.55 19.33 -11.40 -37.1 Yalla YALA 8 7.01 3.00 3.50 -3.21 -47.8
Steris STE dd 255.93 159.21 184.69 -58.72 -24.1 TevaPharm TEVA dd 11.34 6.78 9.12 1.11 13.9 UWM UWMC 6 6.20 2.84 3.31 -2.61 -44.1 VornadoRealty VNO 42 47.26 20.03 20.81 -21.05 -50.3 YamanaGold AUY 21 6.40 3.84 5.55 1.33 31.5
Stevanato STVN 31 23.30 13.36 17.97 -4.48 -20.0 TexasPacLand TPL 432739.00 946.292344.231095.36 87.7 UWM Wt UWMC.WS ... 0.67 0.06 0.12 -0.47 -78.9 VoyaFinancial VOYA 10 74.97 56.20 61.49 -4.82 -7.3 YatsenHolding YSG dd 2.20 0.39 1.46 -0.69 -32.1
StewartInfo STC 5 81.00 35.95 42.73 -37.00 -46.4 Textainer TGH 5 41.89 25.47 31.01 -4.70 -13.2 Uber UBER dd 45.90 19.89 24.73 -17.20 -41.0 VulcanMatls VMC 39 213.65 137.54 175.11 -32.47 -15.6 Yelp YELP 52 39.27 25.30 27.34 -8.90 -24.6
StifelFinancial SF 10 83.28 49.31 58.37 -12.05 -17.1 Textron TXT 18 79.45 57.11 70.80 -6.40 -8.3 Ubiquiti UI 49 350.63 218.15 273.53 -33.17 -10.8 Yext YEXT dd 10.04 4.00 6.53 -3.39 -34.2
STMicroelec STM 9 51.52 28.35 35.57 -13.31 -27.2 ThermoFisher TMO 31 664.27 475.77 550.69 -116.55 -17.5 UiPath PATH dd 44.13 10.40 12.71 -30.42 -70.5
UltraparPart UGP 10 3.21 2.13 2.42 -0.22 -8.3
W YirenDigital YRD ... 3.15 0.67 1.37 -1.49 -52.1
Stoneridge SRI dd 25.87 13.64 21.56 1.82 9.2 Thermon THR 18 20.89 13.26 20.08 3.15 18.6 Youdao DAO dd 14.88 3.03 5.38 -7.10 -56.9
Stride LRN 15 47.35 25.65 31.28 -2.05 -6.2 ThomsonReuters TRI 59 119.28 91.55 114.07 -5.55 -4.6 UnderArmour A UAA 15 22.01 6.38 10.16 -11.03 -52.1 W&T Offshore WTI 3 9.16 3.23 5.58 2.35 72.8 YumBrands YUM 34 138.77 103.97 128.08 -10.78 -7.8
Stryker SYK 38 280.43 188.84 244.49 -22.93 -8.6 ThorIndustries THO 4 108.58 66.26 75.49 -28.28 -27.3 UnderArmour C UA 13 18.65 5.74 8.92 -9.12 -50.6 WEC Energy WEC 21 108.39 80.82 93.76 -3.31 -3.4 YumChina YUMC 27 58.20 33.55 54.65 4.81 9.7
StudioCity MSC dd 7.48 1.52 5.96 0.63 11.8 3D Systems DDD dd 22.67 7.02 7.40 -14.14 -65.6 Unifi UFI dd 24.73 6.33 8.61 -14.54 -62.8 WEX WEX 74 183.38 125.00 163.65 23.26 16.6 ZimIntShipping ZIM 0 91.23 16.23 17.19 -41.67 -70.8
SturmRuger RGR 8 74.88 49.50 50.62 -17.40 -25.6 3M MMM 10 181.78 107.07 119.92 -57.71 -32.5 Unifirst UNF 35 214.66 154.72 192.99 -17.41 -8.3 WNS WNS 29 91.48 67.07 79.99 -8.23 -9.3 ZTO Express ZTO 22 32.28 16.27 26.87 -1.35 -4.8
SuburbanPropane SPH 7 17.75 14.25 15.18 0.53 3.6 Tidewater TDW dd 37.14 10.70 36.85 26.14 244.1 Unilever UL 20 54.35 42.44 50.35 -3.44 -6.4 W.P.Carey WPC 31 89.63 67.77 78.15 -3.90 -4.8 ZeppHealth ZEPP dd 5.39 1.05 1.45 -3.60 -71.3
SumitomoMits SMFG 9 8.09 5.38 8.02 1.23 18.1 TidewaterWtA TDW.WS.A ... 1.25 0.31 1.09 0.57 109.6 UnionPacific UNP 18 278.94 183.70 207.07 -44.86 -17.8 WPP WPP 13 83.69 39.67 49.16 -26.39 -34.9 ZetaGlobal ZETA dd 13.46 4.09 8.17 -0.25 -3.0
SummitHotelProp INN dd 10.58 6.58 7.22 -2.54 -26.0 TidewaterWtB TDW.WS.B ... 0.78 0.24 0.66 0.33 100.8 Unisys UIS dd 23.10 3.93 5.11 -15.46 -75.2 WabashNational WNC 25 26.20 12.23 22.60 3.08 15.8 ZeviaPBC ZVIA dd 10.39 1.86 4.09 -2.96 -42.0
SummitMaterials SUM 12 40.77 21.62 28.39 -11.08 -28.1 Tilly's TLYS 13 16.95 6.65 9.05 -7.06 -43.8 UnitedMicro UMC 6 11.95 5.36 6.53 -5.17 -44.2 Wabtec WAB 28 105.51 78.26 99.81 7.70 8.4 Zhihu ZH dd 5.56 0.89 1.30 -4.24 -76.5
SummitMidstream SMLP dd 26.22 11.52 16.68 -5.52 -24.9 Timken TKR 14 76.33 50.85 70.67 1.38 2.0 UnitedNatFoods UNFI 10 49.81 32.90 38.71 -10.37 -21.1 Walker&Dunlop WD 10 153.44 75.33 78.48 -72.40 -48.0 ZimmerBiomet ZBH 97 135.05 100.39 127.50 7.94 6.6
SunComms SUI 70 210.48 117.63 143.00 -66.97 -31.9 TimkenSteel TMST 6 26.23 12.67 18.17 1.67 10.1 UPS B UPS 14 233.72 154.87 173.84 -40.50 -18.9 Wallbox WBX ... 17.60 3.14 3.58 -12.76 -78.1 ZipRecruiter ZIP 32 26.21 13.78 16.42 -8.52 -34.2
SunLifeFinancial SLF 11 58.49 37.96 46.42 -9.27 -16.6 TItanIntl TWI 6 19.81 9.19 15.32 4.36 39.8 UnitedRentals URI 13 373.91 230.54 355.42 23.13 7.0 WallboxWt WBX.WS ... 6.00 0.39 0.44 -4.50 -91.1 Zoetis ZTS 33 243.24 124.15 146.55 -97.48 -39.9
SunCokeEnergy SXC 7 9.82 5.72 8.63 2.04 31.0 Toast TOST dd 35.55 11.91 18.03 -16.68 -48.1 US Bancorp USB 10 63.57 38.39 43.61 -12.56 -22.4 Walmart WMT 44 160.77 117.27 141.79 -2.90 -2.0 Zuora ZUO dd 18.80 5.45 6.36 -12.32 -66.0
SuncorEnergy SU 7 42.72 25.10 31.73 6.70 26.8 Toll Bros TOL 5 72.75 39.53 49.92 -22.47 -31.0 USBrentOilFd BNO ... 36.84 20.80 28.28 7.37 35.2 WarburgPincusI-A WPCA.U ... 10.83 9.80 10.08 0.08 0.8 ZurnElkayWater ZWS 49 37.38 20.65 21.15 -15.25 -41.9
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

R8 | Tuesday, January 3, 2023 THE WALL STREET JOURNAL.

JOURNAL REPORT | NASDAQ 2022 TRADING SUMMARY

Net Pct Net Pct Net Pct Net Pct Net Pct
Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg

n BlueWorldAcqn BWAQU ... 11.02 9.97 10.25 ... ... ColumbiaBanking COLB 11 37.66 26.97 30.13 -2.59 -7.9 EncoreWire WIRE 4 155.35 94.39 137.56 -5.54 -3.9 Gaming&Leisure GLPI 21 53.43 41.81 52.09 3.43 7.0 IXAcqnWt IXAQW ... 0.43 0.01 0.02 -0.39 -96.3
n BlueWorldA BWAQ dd 10.38 9.84 10.20 ... ... ColumbiaFin CLBK 26 22.86 18.77 21.62 0.76 3.6 n EnergemA ENCP cc 11.36 9.87 10.32 ... ... n GardinerHlthcr GDNR cc 10.60 9.77 10.27 ... ... IcahnEnterprises IEP dd 55.73 47.17 50.65 1.06 2.1
n BlueWorldRt BWAQR ... 0.25 0.06 0.08 ... ... ColumbiaSportswr COLM 16 101.64 65.02 87.58 -9.86 -10.1 EnergemUn ENCPU ... 11.19 9.96 10.81 0.66 6.5 GardinerHlthcr GDNRU ... 10.28 10.00 10.20 0.11 1.1 Ichor ICHR 11 48.89 21.04 26.82 -19.21 -41.7
n BlueWorldWt BWAQW ... 0.16 0.02 0.02 ... ... ColumbusMcKinn CMCO 21 50.18 23.54 32.47 -13.79 -29.8 n EnergemWt ENCPW ... 0.35 0.05 0.08 ... ... n GardinerHlthcrWt GDNRW ... 0.37 0.03 0.13 ... ... iClickInteract ICLK dd 48.30 2.10 3.85 -42.25 -91.6
bluebirdbio BLUE dd 10.74 2.87 6.92 -3.07 -30.7 Comcast A CMCSA 30 52.10 28.39 34.97 -15.36 -30.5 EnergyRecovery ERII 77 26.34 16.92 20.49 -1.00 -4.7 GarrettMotion GTX 4 8.43 5.57 7.62 -0.41 -5.1 Icon ICLR 35 312.28 171.43 194.25 -115.45 -37.3
BlueprintMed BPMC dd 110.23 40.78 43.81 -63.30 -59.1 CommerceBcshrs CBSH 18 72.60 59.81 68.07 2.60 4.0 Enovix ENVX dd 28.17 7.26 12.44 -14.84 -54.4 GenDigital GEN 22 30.91 20.12 21.43 -4.55 -17.5 Icosavax ICVX dd 23.57 2.28 7.94 -14.94 -65.3
BoltBiotherap BOLT dd 4.99 1.18 1.30 -3.60 -73.5 CommVehicle CVGI 18 9.11 4.03 6.81 -1.25 -15.5 EnphaseEnergy ENPH cc 339.92 113.40 264.96 82.02 44.8 GenerationBio GBIO dd 9.59 3.54 3.93 -3.15 -44.5 iHeartMedia IHRT dd 21.97 5.84 6.13 -14.91 -70.9
BookingHldgs BKNG 332715.661616.852015.28-383.95 -16.0 CommScope COMM dd 13.73 5.56 7.35 -3.69 -33.4 EnsignGroup ENSG 25 97.42 70.29 94.61 10.65 12.7 GenesisGrowth GGAAU ... 11.28 9.92 10.44 0.39 3.9 IkenaOncology IKNA dd 14.35 1.94 2.66 -9.88 -78.8
BowmanConsult BWMN 77 22.46 10.76 21.85 0.60 2.8 CmntyTrBcp CTBI 10 48.05 39.10 45.93 2.32 5.3 EnstarGroup ESGR dd 286.89 169.04 231.04 -16.55 -6.7 n GenesisGrowthA GGAA dd 10.83 9.86 10.36 ... ... Illumina ILMN dd 428.00 173.45 202.20 -178.24 -46.9
BraggGaming BRAG dd 7.98 2.30 3.85 -1.18 -23.5 CommWestBcshs CWBC 10 16.55 13.10 14.97 1.56 11.6 Entegris ENTG 32 141.82 61.75 65.59 -72.99 -52.7 n GenesisGrowthWt GGAAW ... 0.50 0.06 0.25 ... ... ImagoBioSci IMGO dd 36.09 11.56 35.95 12.24 51.6
Brainsway BWAY dd 9.18 1.64 2.47 -5.23 -67.9 CommVaultSys CVLT cc 70.87 50.26 62.84 -6.08 -8.8 EnterpriseBncp EBTC 10 45.24 28.57 35.30 -9.62 -21.4 n GenesisUnicorn GENQU ... 10.81 9.97 10.11 ... ... Imara IMRA dd 5.26 0.97 4.09 1.84 81.8
Braze BRZE dd 79.25 22.54 27.28 -49.88 -64.6 CompassDigital CDAQU ... 10.04 9.65 9.98 0.10 1.0 EnterpriseFinSvcs EFSC 10 54.31 39.63 48.96 1.87 4.0 n GenesisUnicornA GENQ dd 10.16 9.88 10.16 ... ... iMediaBrands IMBI dd 7.74 0.44 0.64 -5.36 -89.3
BridgeBioPharma BBIO dd 18.13 4.98 7.62 -9.06 -54.3 CompassDigitalAcqn CDAQ 41 10.04 9.59 10.02 0.40 4.2 Ent4.0TechAcqn ENTFU ... 10.82 9.97 10.30 0.19 1.9 n GenesisUnicornWt GENQW ... 0.35 0.03 0.04 ... ... Immersion IMMR 19 8.30 4.28 7.03 1.32 23.1
BridgfordFoods BRID 3 15.50 10.26 11.92 -0.19 -1.6 CompassDigitalWt CDAQW ... 0.80 0.05 0.08 -0.62 -88.6 Ent4.0TechAcqnA ENTF dd 10.95 9.83 10.28 0.38 3.8 Genetron GTH dd 6.19 0.73 1.12 -4.98 -81.6 Immuneering IMRX dd 17.36 3.74 4.85 -11.32 -70.0
Brightcove BCOV dd 10.52 5.12 5.23 -4.99 -48.8 CompoSecure CMPO 3 9.09 4.26 4.91 -3.30 -40.2 Ent4.0TechAcqnWt ENTFW ... 0.60 ... 0.03 -0.52 -94.5 Genfit GNFT 5 5.13 3.02 4.39 -0.61 -12.2 Immunic IMUX dd 14.50 1.11 1.40 -8.17 -85.4
BrighthouseFin BHF 5 62.33 38.38 51.27 -0.53 -1.0 CompoSecureWt CMPOW ... 1.75 0.51 0.70 -0.83 -54.2 EnthusiastGaming EGLX dd 3.77 0.51 0.56 -2.38 -81.1 Genmab GMAB 35 47.50 26.19 42.38 2.82 7.1 ImmunityBio IBRX dd 7.85 2.60 5.07 -1.01 -16.6
BrilliantEarthA BRLT cc 18.76 3.60 4.31 -13.75 -76.1 Compugen CGEN dd 4.64 0.51 0.72 -3.58 -83.4 EntradaTherap TRDA dd 24.38 5.12 13.52 -3.60 -21.0 Gentex GNTX 20 36.65 23.28 27.27 -7.58 -21.8 Immunocore IMCR dd 69.06 18.43 57.07 22.83 66.7
n BroadCapital BRACU ... 10.72 9.91 10.22 ... ... ComputerPrograms CPSI 21 35.50 25.33 27.22 -2.08 -7.1 ePlus PLUS 12 62.82 40.37 44.28 -9.60 -17.8 Gentherm THRM 45 99.00 49.45 65.29 -21.61 -24.9 Immunogen IMGN dd 7.63 3.10 4.96 -2.46 -33.2
n BroadCapital BRAC dd 10.45 9.82 10.22 ... ... ComputerTask CTG 8 10.38 6.42 7.56 -2.41 -24.2 EpsilonEnergy EPSN 5 7.99 5.04 6.63 0.95 16.7 GeospaceTech GEOS dd 8.88 3.76 4.22 -2.47 -36.9 ImmunoPrecise IPA dd 6.79 3.51 5.21 -0.15 -2.8
n BroadCapitalRt BRACR ... 0.30 0.02 0.10 ... ... comScore SCOR dd 3.55 1.00 1.16 -2.18 -65.3 EQRx EQRX dd 7.79 1.87 2.46 -4.36 -63.9 GermanAmBncp GABC 14 41.75 32.76 37.30 -1.68 -4.3 Immunovant IMVT dd 17.90 3.15 17.75 9.23 108.3
Broadcom AVGO 21 672.19 415.07 559.13-106.28 -16.0 ComtechTel CMTL dd 24.33 8.42 12.14 -11.55 -48.8 EQRxWt EQRXW ... 1.52 0.12 0.27 -0.80 -74.8 Geron GERN dd 3.06 0.99 2.42 1.20 98.4 Immutep IMMP dd 3.64 1.47 1.75 -1.53 -46.6
BrooklineBcp BRKL 10 17.74 11.59 14.15 -2.04 -12.6 Concentrix CNXC 15 208.48 108.57 133.16 -45.46 -25.5 Equillium EQ dd 4.38 0.79 1.06 -2.71 -71.9 GesherIAcqn GIACU ... 10.60 9.81 10.37 0.35 3.5 ImpelPharm IMPL dd 10.75 2.52 3.75 -4.88 -56.5
Bruker BRKR 37 83.69 48.42 68.35 -15.56 -18.5 ConcertPharm CNCE dd 7.37 2.57 5.84 2.69 85.4 Equinix EQIX 86 847.71 494.89 655.03 -190.81 -22.6 GesherIAcqnA GIAC dd 10.45 9.70 10.19 0.41 4.2 Impinj PI dd 129.02 39.74 109.18 20.48 23.1
BullpenParlayAcqUn BPACU ... 10.62 9.91 10.62 0.61 6.1 Conduent CNDT 9 6.32 3.29 4.05 -1.29 -24.2 EquityBcshs EQBK 10 38.04 28.05 32.67 -1.26 -3.7 GesherIAcqnWt GIACW ... 0.65 0.20 0.50 -0.09 -15.2 InariMedical NARI dd 100.00 50.50 63.56 -27.71 -30.4
n BullpenParlayWt BPACW ... 0.41 0.01 0.02 ... ... Confluent CFLT dd 81.11 16.48 22.24 -54.00 -70.8 Erasca ERAS dd 15.71 3.85 4.31 -11.27 -72.3 GetnetAdquirencia GET ... 2.32 1.17 1.70 0.30 21.4 n Incannex IXHL dd 90.00 2.60 2.80 ... ...
n BullpenParlayA BPAC 23 10.55 9.80 10.24 ... ... Conifer CNFR dd 2.55 1.28 1.57 -0.75 -32.3 ErieIndemnity A ERIE 45 286.50 158.46 248.72 56.06 29.1 GibraltarInds ROCK 17 68.72 36.58 45.88 -20.80 -31.2 InceptionGrowth IGTAU ... 10.83 9.92 10.22 0.14 1.4
Bumble BMBL cc 39.33 15.41 21.05 -12.81 -37.8 ConnectBiopharma CNTB dd 5.99 0.56 0.87 -4.28 -83.1 ErytechPharma ERYP dd 2.68 0.30 0.33 -2.02 -86.0 n GigaCloudTech GCT 39 62.00 4.14 5.69 ... ... n InceptionGrowth IGTA dd 10.35 9.71 10.13 ... ...
BurgerFiIntl BFI dd 6.37 1.20 1.26 -4.41 -77.8 ConnectOneBncp CNOB 8 37.00 22.55 24.21 -8.50 -26.0 Escalade ESCA 7 17.50 9.25 10.18 -5.61 -35.5 GIIIApparel GIII 4 31.70 11.60 13.71 -13.93 -50.4 n InceptionGrowthRt IGTAR ... 0.27 0.07 0.10 ... ...
BurgerFiIntlWt BFIIW ... 0.93 0.04 0.05 -0.66 -93.4 Conn's CONN dd 25.93 5.69 6.88 -16.64 -70.7 EsperionTherap ESPR dd 8.87 3.28 6.23 1.23 24.6 GilatSatellite GILT cc 9.11 4.97 5.80 -1.27 -18.0 n InceptionGrowthWt IGTAW ... 0.30 0.03 0.04 ... ...
BurningRockBio BNR dd 11.27 1.70 2.25 -7.28 -76.4 ConsensusCloud CCSI 13 65.68 37.75 53.76 -4.11 -7.1 EternaTherapeutics ERNA dd 99.20 2.73 3.22 -80.18 -96.1 GileadSciences GILD 32 89.74 57.16 85.85 13.24 18.2 Incyte INCY 20 84.86 65.07 80.32 6.92 9.4
BurTechAcqn BRKHU ... 10.47 9.96 10.18 0.17 1.7 n Consilium I Un CSLMU ... 10.77 9.82 10.20 ... ... EtonPharm ETON dd 4.78 1.95 2.82 -1.47 -34.3 GitLab GTLB dd 88.17 30.74 45.44 -41.56 -47.8 IndependentBank INDB 21 91.65 74.28 84.43 2.90 3.6
n BurTechAcqnA BRKH cc 10.70 9.80 10.16 ... ... n Consilium I A CSLM cc 10.50 9.69 10.12 ... ... Etsy ETSY dd 223.22 67.01 119.78 -99.16 -45.3 GladstoneComm GOOD dd 26.13 15.02 18.50 -7.27 -28.2 IndepBankMI IBCP 8 26.00 17.87 23.92 0.05 0.2
n BurTechAcqnWt BRKHW ... 0.25 ... 0.01 ... ... n Consilium I Rt CSLMR ... 0.30 0.02 0.07 ... ... EuronetWorldwide EEFT 22 149.92 71.60 94.38 -24.79 -20.8 GladstoneLand LAND dd 42.10 17.28 18.35 -15.41 -45.6 IndependentBank IBTX 12 79.66 57.25 60.08 -12.07 -16.7
BusFirstBcshs BFST 10 29.50 20.19 22.14 -6.17 -21.8 n Consilium I Wt CSLMW ... 0.22 0.03 0.03 ... ... EuropeanWax EWCZ 55 33.31 12.02 12.45 -17.90 -59.0 n GlblBlockchain GBBK cc 10.14 9.75 10.09 ... ... IndLogistics ILPT dd 25.73 3.05 3.27 -21.78 -86.9
BuzzFeed BZFD dd 5.71 0.64 0.69 -4.64 -87.1 ConsldComm CNSL dd 8.49 3.50 3.58 -3.90 -52.1 EveloBiosci EVLO dd 6.83 1.26 1.61 -4.46 -73.5 n GlbBlockchainRt GBBKR ... 0.11 0.04 0.04 ... ... n IndlTechAcqnsII ITAQU ... 10.18 9.74 10.18 ... ...
n byNordicAcqn BYNOU dd 12.06 9.93 10.09 ... ... ConsldWater CWCO 41 20.58 9.01 14.80 4.16 39.1 Everbridge EVBG dd 68.23 24.10 29.58 -37.75 -56.1 n GlbBlockchainWt GBBKW ... 0.11 0.01 0.03 ... ... n IndlTechII A ITAQ 54 10.19 9.83 10.18 ... ...
n byNordicAcqnA BYNO dd 10.59 9.89 10.20 ... ... n ConstellationEner CEG dd 97.89 38.00 86.21 ... ... EverCommerce EVCM dd 15.88 5.87 7.44 -8.31 -52.8 Global-EOnline GLBE dd 64.83 15.63 20.64 -42.75 -67.4 n IndlTechII Wt ITAQW ... 0.35 0.01 0.08 ... ...
n byNordicAcqnWt BYNOW ... 1.95 ... 0.02 ... ... ConstructionPtrs ROAD 65 32.98 18.89 26.69 -2.72 -9.2 n Evergreen EVGRU ... 10.74 9.97 10.73 ... ... n GlobalStarAcqn GLSTU ... 10.50 9.96 10.16 ... ... Infinera INFN dd 9.78 4.25 6.74 -2.85 -29.7
ConsumerPtfo CPSS 3 15.47 4.63 8.85 -3.00 -25.3 n EvergreenA EVGR cc 10.28 9.93 10.28 ... ... n GlobalStarA GLST dd 11.00 10.00 10.13 ... ... InfinityPharm INFI dd 2.41 0.44 0.56 -1.70 -75.3
C ContextLogic WISH
CPRT
dd 3.26
27 76.10
0.44 0.49 -2.62
51.10 60.89 -14.92
-84.3
-19.7
n EvergreenWt EVGRW
EVRG
... 0.20 0.01
18 73.12 54.12
0.01
62.93 -5.68
... ...
-8.3
n GlobalStarRt GLSTR
n GlobalStarWt GLSTW
...
...
0.19
0.05
0.08
0.03
0.17
0.03
...
...
...
...
InflaRx IFRX dd 4.99 0.78 3.10 -1.66 -34.9
Copart Evergy InfoSvcsGrp III 12 7.88 4.15 4.60 -3.02 -39.6
Cadiz CDZI dd 5.23 1.48 2.50 -1.36 -35.2 CoreScientific CORZ dd 11.49 0.05 0.08 -10.87 -99.3 EverQuote EVER dd 17.59 5.23 14.74 -0.92 -5.9 GlblTechAcqnIWt GTACW ... 0.55 0.01 0.03 -0.52 -94.5 InglesMarkets IMKTA 7 102.99 74.63 96.46 10.12 11.7
C&F Fin CFFI 8 63.77 43.10 58.27 7.08 13.8 CoreScientificWt CORZW ... 3.59 0.01 0.02 -3.29 -99.3 EverspinTech MRAM 12 13.28 4.71 5.56 -5.74 -50.8 GlblTechAcqnI GTACU ... 10.96 9.97 10.20 0.10 1.0 Inhibrx INBX dd 44.32 7.67 24.64 -19.03 -43.6
CB FinSvcs CBFV 8 26.80 20.49 21.43 -2.64 -11.0 CorMedix CRMD dd 8.03 2.65 4.22 -0.33 -7.3 EVgo EVGO dd 14.23 3.65 4.47 -5.47 -55.0 GlblTechAcqnI GTAC 20 10.30 9.82 10.28 0.46 4.7 InMode INMD 17 71.03 20.60 35.70 -34.88 -49.4
CCC Intelligent CCCS dd 11.54 7.41 8.70 -2.69 -23.6 CorsairGaming CRSR dd 23.98 10.96 13.57 -7.44 -35.4 EVgoWt EVGOW ... 4.41 0.53 0.68 -1.97 -74.3 GlobalWaterRscs GWRS 61 17.35 10.61 13.28 -3.82 -22.3 InnatePharma IPHA dd 4.87 1.90 3.73 -0.83 -18.2
CDW CDW 23 208.71 147.91 178.58 -26.20 -12.8 Corvel CRVL 40 211.07 129.19 145.33 -62.67 -30.1 Evogene EVGN dd 1.90 0.60 0.70 -0.94 -57.3 GlobalFoundries GFS 36 79.49 36.81 53.89 -11.08 -17.1 Innodata INOD dd 9.00 2.78 2.96 -2.96 -49.9
CEVA CEVA dd 45.80 23.71 25.58 -17.66 -40.8 CorvusPharm CRVS dd 2.51 0.69 0.85 -1.56 -64.7 Evolus EOLS dd 14.34 5.06 7.51 1.00 15.4 GlobalinkInvt GLLI dd 10.21 9.79 10.20 0.38 3.9 Innospec IOSP 20 115.66 83.13 102.86 12.52 13.9
CF Acqn VII CFFSU ... 10.17 9.90 10.15 ... ... CoStar CSGP 90 85.37 49.00 77.28 -1.75 -2.2 Evotec EVO dd 23.63 7.80 8.09 -15.66 -65.9 GlobalinkInvt GLLIU ... 10.66 9.72 10.22 -0.07 -0.7 InnovAge INNV dd 7.85 3.39 7.18 2.18 43.6
n CFAcqnVII A CFFS dd 10.45 9.80 10.20 ... ... Costco COST 34 612.27 406.51 456.50 -111.20 -19.6 Exagen XGN dd 11.68 2.10 2.40 -9.23 -79.4 GlobalinkInvtRt GLLIR ... 0.30 0.01 0.05 -0.23 -82.0 InnovativeIntl IOACU ... 10.30 9.98 10.30 0.24 2.4
C4 Therap CCCC dd 33.76 4.84 5.90 -26.30 -81.7 Couchbase BASE dd 25.54 10.19 13.26 -11.70 -46.9 ExcelFinAcqn XFINU ... 11.01 9.80 10.20 0.05 0.5 GlobalinkInvtWt GLLIW ... 0.20 ... 0.01 -0.19 -94.5 n InnovativeIntlA IOAC dd 10.61 9.87 10.30 ... ...
CH Robinson CHRW 11 121.23 86.57 91.56 -16.07 -14.9 n CounterPress CPAQU ... 10.64 9.95 10.20 ... ... ExcelFinAcqnA XFIN dd 10.50 9.75 10.26 0.40 4.1 GlycoMimetics GLYC dd 3.19 0.51 3.03 1.59 110.4 n InnovativeIntlWt IOACW ... 0.50 0.01 0.03 ... ...
CIIGCapPtrsII CIIGU ... 10.71 9.88 10.18 -0.14 -1.4 n CounterPressA CPAQ dd 10.30 9.91 10.26 ... ... ExcelFinAcqnWt XFINW ... 0.75 0.01 0.03 -0.55 -94.8 Gogo GOGO 7 23.69 11.57 14.76 1.23 9.1 InnovSolSuprt ISSC 25 9.90 5.77 8.22 1.66 25.3
CIIGCapPtrsII CIIG dd 10.98 9.80 10.19 0.32 3.2 n CounterPressWt CPAQW ... 0.34 0.01 0.06 ... ... Exelixis EXEL 17 23.40 14.87 16.04 -2.24 -12.3 Gogoro GGR dd 17.59 2.83 3.18 -6.70 -67.8 Innoviva INVA 4 20.71 11.56 13.25 -4.00 -23.2
CIIGCapPtrsIIWt CIIGW ... 0.83 0.01 0.08 -0.75 -90.4 CoupaSoftware COUP dd 166.21 40.30 79.17 -78.88 -49.9 Exelon EXC 20 50.71 35.19 43.23 2.04 5.0 GogoroWt GGROW ... 2.22 0.34 0.35 -1.10 -75.9 Inogen INGN dd 36.30 19.08 19.71 -14.29 -42.0
CLPS CLPS 5 2.48 1.03 1.12 -0.84 -42.9 CovenantLogist CVLG 5 40.37 17.23 34.57 8.14 30.8 ExlService EXLS 41 191.18 112.14 169.43 24.66 17.0 GolarLNG GLNG ... 30.66 12.14 22.79 10.40 83.9 InovioPharma INO dd 5.27 1.38 1.56 -3.43 -68.7
CME Group CME 23 256.94 166.58 168.16 -60.30 -26.4 Cowen COWN 10 38.88 21.36 38.62 2.52 7.0 eXpWorld EXPI 46 34.48 9.96 11.08 -22.61 -67.1 GoldenEnt GDEN 13 59.96 32.53 37.40 -13.13 -26.0 InozymePharma INZY dd 7.98 0.99 1.05 -5.77 -84.6
CNB FinPA CCNE 7 28.50 22.98 23.79 -2.71 -10.2 CrackerBarrel CBRL 19 139.90 81.87 94.74 -33.90 -26.4 Expedia EXPE 32 217.72 82.39 87.60 -93.12 -51.5 GoldenOcean GOGL 3 16.46 7.24 8.69 -0.61 -6.6 Inseego INSG dd 6.01 0.75 0.84 -4.99 -85.5
CompassPath CMPS dd 23.22 6.54 8.03 -14.07 -63.7 CreativeMedia CMCT dd 8.31 4.79 4.90 -2.45 -33.3 ExpeditorsIntl EXPD 11 134.96 86.08 103.92 -30.37 -22.6 GoodRx GDRX dd 33.15 3.82 4.66 -28.02 -85.7 InsightEnt NSIT 14 111.02 81.11 100.27 -6.33 -5.9
CPI Card PMTS 17 37.50 10.18 36.08 17.53 94.5 CreditAcceptance CACC 11 699.08 397.57 474.40 -213.28 -31.0 Expensify EXFY dd 44.55 8.08 8.83 -35.17 -79.9 Goodyear GT 3 24.17 9.66 10.15 -11.17 -52.4 Insmed INSM dd 28.94 16.41 19.98 -7.26 -26.7
CRA Intl CRAI 21 125.80 78.35 122.43 29.07 31.1 n CredoTech CRDO dd 18.00 8.61 13.31 ... ... Exponent EXPO 52 118.93 80.97 99.09 -17.64 -15.1 GooseheadIns GSHD cc 133.11 29.23 34.34 -95.74 -73.6 Inspirato ISPO dd 108.00 0.96 1.19 -8.91 -88.2
CRISPR Therap CRSP dd 86.95 38.94 40.65 -35.13 -46.4 n CresceraCapA CREC cc 10.23 9.79 10.22 ... ... Exscientia EXAI dd 24.74 4.09 5.33 -14.43 -73.0 GoPro GPRO 10 11.11 4.50 4.98 -5.33 -51.7 InspiratoWt ISPOW ... 4.90 0.05 0.09 -0.89 -91.0
CSG Systems CSGS 44 66.58 52.42 57.20 -0.42 -0.7 CresceraCapAcqnUn CRECU ... 10.26 9.92 10.22 0.19 1.9 ExtremeNetworks EXTR 55 21.03 8.49 18.31 2.61 16.6 n GoresIX GHIXU ... 11.25 9.67 9.96 ... ... InstilBio TIL dd 18.97 0.47 0.63 -16.48 -96.3
CSI Compressco CCLP dd 1.75 1.04 1.33 0.14 11.8 n CresceraCapWt CRECW ... 0.60 0.03 0.03 ... ... EyePointPharm EYPT dd 14.41 2.19 3.50 -8.74 -71.4 n GoresIX A GHIX 76 10.35 9.60 9.87 ... ... Insulet PODD cc 320.00 181.00 294.39 28.32 10.6
CSP CSPI 23 9.98 6.61 9.43 0.64 7.3 Cresud CRESY 2 9.80 4.18 6.69 1.97 41.7 Ezcorp EZPW 13 10.68 5.51 8.15 0.78 10.6 n GoresIX Wt GHIXW ... 1.00 0.14 0.19 ... ... Intapp INTA dd 27.95 13.52 24.94 -0.22 -0.9
CSW Industrials CSWI 23 144.02 96.03 115.93 -4.93 -4.1 Cricut CRCT 33 23.60 5.88 9.27 -12.82 -58.0 GossamerBio GOSS dd 15.20 1.57 2.17 -9.14 -80.8 IntegraLifeSci IART 27 69.90 40.66 56.07 -10.92 -16.3
CSX CSX 16 38.63 25.80 30.98 -6.62 -17.6 CrineticsPharm CRNX
CRTO
dd 28.95 15.37 18.30 -10.11 -35.6 F Grab GRAB
GracellBiotech GRCL
dd 7.33 2.19 3.22 -3.91 -54.8 IntegralAcqn1Wt INTEW ... 0.63 0.02 0.07 -0.56 -88.2
CVB Fin CVBF 17 29.25 21.36 25.75 4.34 20.3 Criteo 26 39.40 20.56 26.06 -12.81 -33.0 dd 6.09 1.68 2.30 -3.74 -61.9 IntegralAcqn1 INTEU ... 10.15 9.86 10.11 0.07 0.7
CabalettaBio CABA dd 9.95 0.59 9.25 5.46 144.1 CrixusBH3 BHACU ... 10.47 9.75 10.05 0.10 1.1 FARO Tech FARO dd 71.65 25.20 29.41 -40.61 -58.0 GrandCanyonEduc LOPE 19 114.33 72.00 105.66 19.95 23.3 IntegralAcqn1 INTE dd 10.49 9.71 10.11 0.29 3.0
CactusAcqn1 CCTSU ... 10.55 9.57 10.11 0.01 0.1 CrixusBH3 A BHAC 15 10.45 9.74 10.05 0.25 2.6 F5 FFIV 27 245.59 133.68 143.51 -101.20 -41.4 GraphiteBio GRPH dd 13.39 2.07 3.32 -9.11 -73.3 IntegralAd IAS dd 23.00 6.63 8.79 -13.42 -60.4
CactusAcqn1 A CCTS dd 10.76 9.81 10.26 ... ... CrixusBH3 Wt BHACW ... 0.54 0.03 0.12 -0.38 -76.3 FGFinancial FGF dd 4.03 1.31 2.85 -0.91 -24.2 GraybugVision GRAY dd 2.00 0.45 0.50 -1.33 -72.7 Intel INTC 8 56.28 24.59 26.43 -25.07 -48.7

.
CactusAcqn1 Wt CCTSW ... 0.74 0.01 0.01 ... ... Crocs CROX 12 136.81 46.08 108.43 -19.79 -15.4 n FG Merger FGMCU ... 10.97 9.96 10.19 ... ... GreatElm GEG dd 2.55 1.40 2.02 -0.07 -3.3 IntelliaTherap NTLA dd 119.65 32.72 34.89 -83.35 -70.5
CadenceDesign CDNS 57 194.97 132.31 160.64 -25.71 -13.8 Cronos CRON dd 4.31 2.45 2.54 -1.38 -35.2 n FG Merger FGMC ... 10.50 9.89 10.19 ... ... GreatLakesDredge GLDD 18 16.27 5.52 5.95 -9.77 -62.2 Intellicheck IDN dd 5.57 1.33 2.00 -2.62 -56.7

ly
CaesarsEnt CZR dd 97.39 31.31 41.60 -51.93 -55.5 CrossCtyHlthcr CCRN 4 40.12 15.26 26.57 -1.19 -4.3 n FG Merger Wt FGMCW ... 0.20 0.01 0.05 ... ... GreatSouthernBncp GSBC 11 64.16 50.30 59.49 0.24 0.4 IntelligentMed IQMDU ... 10.58 9.94 10.25 0.05 0.5
Caesarstone CSTE 14 12.82 5.59 5.71 -5.63 -49.6 CrossFirstBkshs CFB 9 16.50 12.17 12.41 -3.20 -20.5 FLJ FLJ dd 3.87 0.60 2.46 -0.31 -11.3 GreenPlains GPRE dd 41.25 26.09 30.50 -4.26 -12.3 IntelligentMedA IQMD ... 10.93 9.87 10.28 0.38 3.8
Cal-MaineFoods CALM 6 65.32 36.32 54.45 17.46 47.2 CrowdStrike CRWD dd 242.00 98.70 105.29 -99.46 -48.6 FRP Holdings FRPH cc 63.52 53.08 53.86 -3.94 -6.8 GreenPlainsPtrs GPP 7 15.32 11.05 12.96 -1.24 -8.7 IntelligentMedWt IQMDW ... 0.50 0.01 0.01 -0.48 -97.8
CalAmp CAMP dd 7.62 2.96 4.48 -2.58 -36.5 CueHealth HLTH dd 14.90 1.63 2.07 -11.34 -84.6 FTACEmeraldAcqn EMLDU ... 10.10 9.80 9.98 0.01 0.1 GreenVisorI Wt GVCIW ... 0.53 0.01 0.01 -0.54 -98.2 n Inter INTR ... 4.63 1.72 2.37 ... ...
CalavoGrowers CVGW dd 45.50 27.29 29.40 -13.00 -30.7 CullinanOncology CGEM 5 18.46 7.30 10.55 -4.88 -31.6 n FTACEmeraldA EMLD dd 10.03 9.55 10.02 ... ... GreenVisorI GVCIU ... 10.34 9.94 10.34 0.12 1.2 InterParfums IPAR 30 108.35 64.52 96.52 -10.38 -9.7
CaliforniaBncp CALB 12 25.20 18.51 23.78 2.55 12.0 CumberlandPharm CPIX dd 5.65 1.89 2.25 -2.42 -51.8 n FTACEmeraldWt EMLDW ... 0.50 0.01 0.05 ... ... GreenVisorI A GVCI 18 10.41 9.78 10.37 ... ... InteractiveBrkrs IBKR
CalitheraBiosci CALA
CalliditasTherap CALT
CalumetSpecialty CLMT
CambiumNtwks CMBM
CamdenNational CAC
CAMT
dd 14.87 1.30
dd 25.55 10.82
dd 20.50 8.40
52 29.38 12.40
10 52.16 40.35
15 48.60 20.83
3.26 -10.04
17.00 -7.76
16.88 3.68
21.67 -3.96
41.69 -6.47
21.96 -24.08
-75.5
-31.3
27.9
-15.5
-13.4
-52.3
CumulusMedia CMLS
CureVac
Curis
Cutera
Cvent
CVRx
CVAC
CRIS
CUTR
CVT
CVRX
on
4 15.67
dd 36.44
dd 5.27
dd 74.38
dd 9.45
dd 18.84
6.07 6.21 -5.04
5.63 6.03 -28.28
0.47 0.55 -4.21
31.62 44.22 2.90
3.30 5.40 -2.77
4.60 18.35 6.12
-44.8
-82.4
-88.4
7.0
-33.9
50.0
n FTACZeusAcqnA ZING
FTACZeusAcqnUn ZINGU
n FTACZeusAcqnWt ZINGW
FTAI Aviation FTAI
n FTAI Infra
FTC Solar
FIP
FTCI
dd 10.56
... 10.21
... 0.60
dd 25.31
dd 4.25
dd 7.75
9.72
9.82

14.29
2.22
...

1.78
10.07
10.21 0.20
0.02
17.12 -7.58
2.95
2.68 -4.88
...

...

...
-30.7

-64.6
...
2.0
...

...
GreenidgeGen GREE
Greenlane
GreenLightBio GRNA
GNLN

GreenLightBioWt GRNAW
GreenlightCapRe GLRE
Grifols GRFS
dd
dd
dd
...
23
97
17.86
21.00
15.80
1.43
8.56
13.34
0.22
0.27
1.00
0.07
6.51
5.71
0.29
0.29
1.18
0.09
8.15
8.50
-15.76
-18.99
-8.74
-1.11
0.31
-2.73
-98.2
-98.5
-88.1
-92.9
4.0
-24.3
InterceptPharm ICPT
Intercure
InterDigital IDCC
Interface
IntlBcshs
INCR

TILE
IBOC
23 81.46
2 21.25
15 8.20
18 73.97
9 16.61
11 53.71
52.18 72.35 -7.07
10.81 12.37 -3.92
3.27 3.30 -3.18
40.23 49.48 -22.15
8.90 9.87 -6.08
38.00 45.76 3.37
-8.9
-24.1
-49.1
-30.9
-38.1
7.9
Camtek Intevac IVAC dd 6.50 4.29 6.47 1.76 37.4
CAN 0 6.90 1.87 2.06 -3.09 -60.0 CyberArkSoftware CYBR dd 180.01 100.35 129.65 -43.63 -25.2 FangddNetwork DUO dd 8.63 0.60 0.77 -6.21 -89.0 GrindrodShipping GRIN ... 28.98 13.50 18.71 0.68 3.8
us ,

Canaan Intra-Cellular ITCI dd 66.00 38.51 52.92 0.58 1.1

CanadianSolar CSIQ 11 47.69 22.15 30.90 -0.39 -1.2 CymaBayTherap CBAY dd 6.42 1.67 6.27 2.89 85.5 Fanhua FANH 69 8.79 4.31 7.40 0.35 4.9 Gritstone GRTS dd 13.01 1.71 3.45 -9.41 -73.2 Intuit INTU 59 645.61 339.36 389.22-254.00 -39.5
CandelTherap CADL CyteirTherap CYT dd 11.62 1.13 1.65 -9.72 -85.5 FaradayFuture FFIE GroceryOutlet GO 52 46.37 23.69 29.19 0.91 3.2
l

dd 8.10 1.40 1.79 -6.03 -77.1 dd 7.85 0.24 0.29 -5.03 -94.5 IntuitiveSurgical ISRG 70 362.00 180.07 265.35 -93.95 -26.1
CannaGlblAcqn CNGLU ... 10.66 9.97 10.21 0.08 0.8 CytekBiosci CTKB dd 17.41 7.38 10.21 -6.11 -37.4 FarmerBros FARM dd 7.88 4.33 4.61 -2.84 -38.1 Groupon GRPN dd 31.15 6.22 8.58 -14.58 -63.0 Inventiva IVA dd 13.66 3.49 4.46 -9.20 -67.3
e
n Canna-GlobalA CNGL Cytokinetics CYTK FAST GrowthforGood GFGDU
al a

cc 10.78 9.78 10.28 ... ... dd 55.80 29.26 45.82 0.24 0.5 Fastenal 25 64.10 43.73 47.32 -16.74 -26.1 ... 11.14 9.76 10.07 0.10 1.0 Investar ISTR 7 23.72 18.07 21.53 3.12 16.9
n Canna-GlobalWt CNGLW ... 0.34 0.01 0.02 ... ... CytomXTherap CTMX dd 4.73 1.17 1.60 -2.73 -63.0 FatProjectsAcqn FATP dd 10.14 9.75 10.14 0.38 3.9 n GrowthforGoodA GFGD dd 10.30 9.60 10.03 ... ... n InvestcorpEur I Wt IVCBW ... 0.40 ... 0.04 ... ...
Canoo GOEV dd 8.24 1.02 1.23 -6.49 -84.1 CyxteraTech CYXT dd 15.42 1.53 1.92 -10.69 -84.8 FatProjectsUn FATPU ... 10.56 9.96 10.15 0.05 0.5 n GrowthforGoodRt GFGDR ... 0.25 ... 0.04 ... ... InvestcorpEur I IVCBU ... 11.02 10.00 10.39 0.30 3.0
CanooWt GOEVW ... 2.29 0.19 0.23 -1.83 -88.8 FatProjectsWt FATPW ... 0.38 0.01 0.03 -0.35 -93.3 n GrowthforGoodWt GFGDW ... 0.39 0.02 0.04 ... ... n InvestcorpEur I A IVCB ... 11.02 9.85 10.30 ... ...
D
ci on

CanopyGrowth CGC dd 9.64 2.09 2.31 -6.42 -73.5 FateTherap FATE dd 60.43 9.56 10.09 -48.42 -82.8 GrAeroportuario OMAB 16 71.86 46.53 61.84 8.15 15.2 n InvestcorpIndia IVCAU ... 12.31 9.16 10.30 ... ...
Cantaloupe CTLP dd 9.05 2.77 4.35 -4.53 -51.0 n FeutuneLight FLFVU ... 11.14 9.94 10.23 ... ... GuarantyBcshrs GNTY 10 44.60 33.78 34.64 -2.94 -7.8 n InvestcorpIndiaA IVCA 94 10.35 9.95 10.34 ... ...
CanterburyPark CPHC 12 32.92 17.35 31.26 13.98 80.9 DBV Tech DBVT dd 3.43 1.08 1.53 -0.07 -4.4 n FeutuneLightA FLFV ... 10.64 9.91 10.17 ... ... GuardantHealth GH dd 102.85 24.63 27.20 -72.82 -72.8 n InvestcpIndiaWt IVCAW ... 0.30 0.04 0.05 ... ...
CapitalBancorp CBNK 8 27.56 20.94 23.54 -2.66 -10.2 DiceTherap DICE dd 45.99 12.63 31.20 5.89 23.3 n FeutuneLightRt FLFVR ... 0.12 0.05 0.08 ... ... GulfIslandFab GIFI dd 5.74 3.10 5.13 1.12 27.9 InvestorsTitle ITIC 8 213.44 125.80 147.55 -49.60 -25.2
CapitalCityBank CCBG 16 36.23 24.43 32.50 6.10 23.1 DIRTT Envl DRTT dd 2.32 0.20 0.53 -1.65 -75.7 n FeutuneLightWt FLFVW ... 0.06 0.02 0.03 ... ... Gulf Resources GURE 3 5.30 2.85 3.09 -1.24 -28.6 Invivyd IVVD dd 12.11 1.42 1.50 -5.76 -79.3
CapitalProduct CPLP 2 19.65 12.80 13.65 -2.46 -15.3 DISH Network DISH 5 37.28 12.55 14.04 -18.40 -56.7 FibroGen FGEN dd 18.31 7.81 16.02 1.92 13.6 IonisPharma IONS dd 48.82 28.25 37.77 7.34 24.1
n CapitalworksEMA CMCA 14 10.79 9.80 10.33 ... ... DMC Global BOOM
D-MarketElec HEPS
dd 47.01 13.95 19.44 -20.17 -50.9 FidelityD&D FDBC
FiestaRestaurant FRGI
9 58.00 34.20 47.14 -11.86 -20.1 H IovanceBiotherap IOVA dd 19.66 5.42 6.39 -12.70 -66.5
CapitalworksEM CMCAU ... 10.51 9.90 10.22 0.15 1.5 dd 2.81 0.59 0.66 -1.25 -65.4 dd 11.69 5.89 7.35 -3.66 -33.2 iQIYI IQ dd 5.77 1.65 5.30 0.74 16.2
n CapitalworksEM Wt CMCAW ... 0.40 0.01 0.02 ... ... DPCapAcqnIWt DPCSW ... 0.58 0.01 0.02 -0.58 -96.7 FifthThirdBncp FITB 10 50.64 30.92 32.81 -10.74 -24.7 H&E Equipment HEES 18 47.17 26.12 45.40 1.13 2.6
er s

iRhythmTechs IRTC dd 169.54 88.73 93.67 -24.02 -20.4

CapitolFedFin CFFN 14 11.78 7.19 8.65 -2.68 -23.7 DPCapAcqnI DPCSU ... 10.25 9.96 10.23 0.12 1.2 FinInstitutions FISI 6 34.43 22.91 24.36 -7.44 -23.4 HBT Finl HBT 10 22.48 16.09 19.57 0.84 4.5 Iridex IRIX dd 6.48 1.96 2.01 -4.10 -67.1
CapStarFin CSTR 10 22.17 15.71 17.66 -3.37 -16.0 DPCapAcqnIA DPCS cc 10.28 9.73 10.26 ... ... n FinStrategiesRt FXCOR ... 0.28 0.05 0.08 ... ...
n HCM Acqn HCMAU ... 10.34 9.76 10.23 ... ... IridiumComm IRDM cc 53.61 31.73 51.40 10.11 24.5
CaraTherap CARA dd 13.96 7.40 10.74 -1.44 -11.8 n DuetAcqn DUETU ... 10.30 9.91 10.03 ... ... n FinStrategiesWt FXCOW ... 0.38 ... 0.02 ... n HCM Acqn A HCMA
... 29 10.81 9.87 10.26 ... ... IrisEnergy IREN ... 17.97 1.02 1.25 -14.92 -92.3
n DuetAcqnA DUET
m er

CardiovascularSys CSII dd 23.47 12.26 13.62 -5.16 -27.5 dd 10.50 9.78 9.99 ... ... FinchTherap FNCH dd 10.95 0.30 0.48 -9.49 -95.2n HCM Acqn Wt HCMAW ... 0.26 ... 0.02 ... ... iRobot IRBT dd 73.77 35.41 48.13 -17.75 -26.9
Cardlytics CDLX dd 73.41 3.50 5.78 -60.31 -91.3 n DuetAcqnWt DUETW ... 0.25 0.01 0.01 ... ... FinnovateAcqn FNVTU ... 11.15 9.93 10.27 0.15 HCW Biologics HCWB
1.5 dd 3.32 1.76 1.91 -0.41 -17.5 IronwoodPharm IRWD 13 12.95 9.73 12.39 0.73 6.3
Carecloud MTBC dd 6.98 2.72 2.81 -3.51 -55.5 DXP Ents DXPE 13 34.74 22.09 27.55 1.88 7.3 FinnovateAcqnA FNVT dd 10.67 9.81 10.26 0.38 3.8
HMN Fin HMNF 12 25.98 20.95 21.34 -3.33 -13.5 IsoPlexis ISO dd 10.13 0.60 1.55 -7.64 -83.1
CareDx CDNA dd 47.82 10.68 11.41 -34.07 -74.9 DadaNexus DADA dd 13.48 2.98 6.97 -6.19 -47.0 FinnovateAcqnWt FNVTW ... 0.43 0.01 0.03 -0.35 -93.0 Hookipa HOOK dd 3.05 0.72 0.81 -1.52 -65.2 iTeosTherap ITOS 3 52.43 16.21 19.53 -27.03 -58.1
CareMax CMAX dd 9.23 2.77 3.65 -4.03 -52.5 Daktronics DAKT dd 5.38 1.46 2.82 -2.23 -44.2 FintechEcosys FEXDU ... 10.40 9.70 10.40 0.20 HutchmedChina HCM
2.0 ... 35.86 7.39 14.78 -20.30 -57.9 Itron ITRI dd 70.67 39.38 50.65 -17.87 -26.1
CareMaxWt CMAXW ... 2.16 0.27 0.52 -0.88 -62.7 DallasNews DALN dd 8.49 3.73 3.86 -3.35 -46.5 n FintechEcoA FEXD cc 10.54 9.82 10.25 ... ...
H World HTHT dd 45.98 21.98 42.42 5.08 13.6 IturanLocation ITRN 12 27.52 19.73 21.13 -5.54 -20.8
CarGurus CARG dd 50.03 9.14 14.01 -19.63 -58.4 Datadog DDOG dd 184.70 66.45 73.50 -104.61 -58.7 n FintechEcoRt FEXDR ... 0.28 0.07 0.15 ... HackettGroup HCKT
... 14 24.78 16.92 20.37 -0.16 -0.8
m rp

CaribouBio
Carlyle
CRBU
CG
dd 15.85 4.89
6 56.00 24.59
6.28 -8.81
29.84 -25.06
-58.4
-45.6
Dave&Buster's PLAY
Dave DAVE
14
dd
52.54 29.60
15.35 0.25
35.44 -2.96
0.29 -9.96
-7.7
-97.2
n FintechEcoWt FEXDW
FinWiseBancorp FINW
... 0.36
4 21.86
0.05
8.20
0.07
9.26 -4.53
...
-32.8
HainCelestial HAIN
...
n HainanManaslu HMACU
23 43.53
dd 11.45
15.20
10.00
16.18 -26.43
11.45 ...
-62.0
... J
CarParts.com PRTS dd 12.68 3.92 6.26 -4.94 -44.1 DaveWt DAVEW ... 2.15 0.02 0.03 -1.03 -96.9 FirstAdvantage FA 33 21.01 10.07 13.00 -6.04 n HainanManaslu HMAC
-31.7 cc 10.18 9.94 10.18 ... ...
JakksPacific JAKK 4 27.87 7.50 17.49 7.33 72.1
CarrolsRestr TAST dd 3.25 1.28 1.36 -1.60 -54.1 DAVIDsTEA DTEA dd 3.86 0.65 0.79 -2.31 -74.5 FirstBancorpNC FBNC 13 49.00 32.90 42.84 -2.88 n HainanManasRt HMACR
-6.3 ... 0.78 0.06 0.11 ... ...
J&JSnackFoods JJSF 61 165.90 117.45 149.71 -8.25 -5.2
CarterBkshrs CARE 10 18.84 12.58 16.59 1.20 7.8 DawsonGeophys DWSN dd 2.69 1.08 1.96 -0.36 -15.5 FirstBancorp FNLC 8 36.80 27.42 29.94 -1.46 n HainanManasWt HMACW
-4.6 ... 0.06 0.01 0.05 ... ...
JD.com JD cc 81.24 33.17 56.13 -13.94 -19.9
n CartesianGrwII RENEU ... 10.72 9.91 10.32 ... ... DayOneBiopharm DAWN dd 28.35 5.44 21.52 4.67 27.7 FirstBancshares FBMS 11 40.81 26.95 32.01 -6.61 -17.1HallmarkFin HALL dd 4.72 0.42 0.58 -3.77 -86.6
Joann JOAN dd 13.55 2.46 2.85 -7.53 -72.5
n CartesianGrwIIA RENE 56 11.20 9.90 10.25 ... ... DecibelTherap DBTX dd 5.78 1.61 2.05 -2.60 -55.9 FirstBank FRBA 8 16.76 13.17 13.76 -0.75 -5.2HalozymeTherap HALO 38 59.46 31.36 56.90 16.69 41.5
Joyy YY 5 55.14 21.38 31.59 -13.84 -30.5
n CartesianGrwIIWt RENEW ... 0.35 0.08 0.22 ... ... DecipheraPharm DCPH dd 20.88 6.51 16.39 6.62 67.8 FirstBusey BUSE 11 29.73 21.66 24.72 -2.40 -8.8HamiltonLane HLNE 17 105.23 55.81 63.88 -39.74 -38.4
JackHenry JKHY 35 212.62 155.44 175.56 8.57 5.1
n CarticaAcqn CITEU DeepMedicineAcqn DMAQ dd 10.99 9.82 10.62 0.80 8.1 FirstBusFinSvcs FBIZ 8 39.88 28.97 36.55 7.38 25.3HancockWhitney HWC 8 59.82 41.62 48.39 -1.63 -3.3
co Fo

... 10.30 10.00 10.30 ... ... JackintheBox JACK 13 96.87 54.80 68.23 -19.25 -22.0
n CarticaAcqnA CITE 34 10.37 9.80 10.37 ... ... DeepMedicineAcqnRt DMAQR ... 0.33 0.02 0.06 -0.26 -81.2 FirstCitizBcshA FCNCA 12 947.71 598.01 758.36 -71.48 -8.6HanmiFinancial HAFC 7 28.84 21.35 24.75 1.07 4.5
n JaguarGlbGrwI Rt JGGCR ... 0.28 ... 0.06 ... ...
n CarticaAcqnWt CITEW ... 0.82 0.01 0.07 ... ... DefinitiveHlthcr DH dd 30.11 9.53 10.99 -16.34 -59.8 FirstCommBkshs FCBC 13 39.39 26.51 33.90 0.48 n HanoverBancorp HNVR
1.4 5 24.68 18.44 20.39 ... ...
n JaguarGlbGrwI Wt JGGCW ... 0.46 0.03 0.06 ... ...
CasaSystems CASA dd 7.18 2.35 2.73 -2.94 -51.9 n DenaliCapAcqn DECAU ... 10.58 9.80 10.23 ... ... FirstFinBncpOH FFBC 12 26.83 18.75 24.23 -0.15 -0.6HarborOneBncp HONE 14 15.56 12.82 13.90 -0.94 -6.3
n JaguarGlblGrowthI JGGCU ... 12.38 9.97 10.50 ... ...
CascadiaAcqn CCAIU ... 10.07 9.60 10.02 0.02 0.2 n DenaliCapAcqnA DECA ... 10.60 9.82 10.29 ... ... FirstFinBkshs FFIN 21 53.62 32.52 34.40 -16.44 -32.3 Harmonic HLIT 35 15.80 8.25 13.10 1.34 11.4
n JaguarGlbGrwI A JGGC 60 11.09 9.82 10.22 ... ...
CascadiaAcqnA CCAI 24 10.04 9.63 10.02 0.29 3.0 n DenaliCapAcqnWt DECAW ... 0.12 0.03 0.04 ... ... FirstFinIN THFF 9 49.90 41.50 46.08 0.79 HarmonyBio HRMY
1.7 22 62.09 31.54 55.10 12.46 29.2
JamesRiver JRVR dd 30.11 19.76 20.91 -7.90 -27.4
CascadiaAcqnWt CCAIW ... 0.56 ... 0.01 -0.53 -98.0 DenaliTherap DNLI dd 47.47 20.24 27.81 -16.79 -37.6 FirstFinNW FFNW 11 17.95 14.25 14.98 -1.19 -7.4HarpoonTherap HARP dd 8.20 0.59 0.73 -6.82 -90.4
JamfHolding JAMF dd 39.62 19.20 21.30 -16.71 -44.0
CasellaWaste CWST 76 92.75 63.90 79.31 -6.11 -7.2 DentsplySirona XRAY dd 58.70 26.48 31.84 -23.95 -42.9 FirstFoundation FFWM 7 28.01 13.17 14.33 -10.53 -42.4 HarrowHealth HROW dd 15.14 5.40 14.76 6.12 70.8
DSGX FirstGuarBcshs FGBI Harte-Hanks HHS JanuxTherap JANX dd 20.85 9.39 13.17 -6.56 -33.2
CaseysGenStores CASY 20 249.90 170.82 224.35 27.00 13.7 Descartes 66 82.86 56.19 69.65 -13.03 -15.8 9 29.65 19.13 23.45 3.07 15.1 6 17.88 6.34 11.69 4.09 53.8
JazzPharm JAZZ dd 169.98 125.36 159.31 31.91 25.0
CassInfoSys CASS 19 46.02 31.84 45.82 6.50 16.5 DesignTherap DSGN dd 26.30 6.94 10.26 -11.15 -52.1 FirstHawaiian FHB 14 31.16 21.21 26.04 -1.29 -4.7HarvardBioSci HBIO dd 7.19 1.98 2.77 -4.28 -60.7
DestinationXL DXLG FirstInternetBncp INBK HAS JetBlue JBLU dd 16.39 6.18 6.48 -7.76 -54.5
CastleBiosci CSTL dd 48.40 15.58 23.54 -19.33 -45.1 5 7.24 3.27 6.75 1.07 18.8 6 53.56 22.01 24.28 -22.76 -48.4 Hasbro 20 105.73 54.65 61.01 -40.77 -40.1
JFrog FROG dd 31.48 16.36 21.33 -8.37 -28.2
CathayGenBncp CATY 9 48.88 37.37 40.79 -2.20 -5.1 Deswell DSWL 14 4.08 3.00 3.11 -0.74 -19.2 FirstInterBanc FIBK 21 46.34 32.40 38.65 -2.02 -5.0HashiCorp HCP dd 92.73 21.50 27.34 -63.70 -70.0
DXCM FirstMerchants FRME HawaiianHoldings HA n JianzhiEduc JZ ... 186.01 0.69 0.74 ... ...
CavcoIndustries CVCO 8 324.99 179.47 226.25 -91.40 -28.8 DexCom cc 134.76 66.89 113.24 -21.00 -15.6 12 46.12 34.07 41.11 -0.78 -1.9 dd 21.71 9.64 10.26 -8.11 -44.1
DiamondHillInvt DHIL FirstMidBcshs FMBH HWKN Jiayin JFIN 1 3.19 1.57 2.30 0.10 4.5
CECO Env CECO 40 12.89 4.09 11.68 5.45 87.5 13 213.50 160.00 185.02 -9.21 -4.7 9 45.00 31.57 32.08 -10.71 -25.0 Hawkins 14 48.12 33.31 38.60 -0.85 -2.2
DiamondbkEner FANG FirstNWBncp FNWB HawthornBcsh HWBK JohnsonOutdoors JOUT 15 96.63 46.30 66.12 -27.57 -29.4
CellebriteDI CLBT 5 8.31 3.80 4.36 -3.66 -45.6 6 168.95 103.71 136.78 28.93 26.8 10 23.77 14.22 15.36 -4.84 -24.0 7 26.60 21.05 21.77 -3.17 -12.7
DGII FSLR HAYN JounceTherap JNCE dd 8.80 0.58 1.11 -7.24 -86.7
CellebriteDIWt CLBTW ... 1.82 0.50 0.62 -1.14 -64.9 DigiIntl 68 43.68 18.54 36.55 11.98 48.8 FirstSolar cc 173.68 59.60 149.79 62.63 71.9HaynesIntl 13 57.33 29.00 45.69 5.36 13.3
DMRC SRCE Headhunter HHR n JupiterWellnessA JWAC dd 10.45 9.82 10.45 ... ...
Cellectis CLLS dd 8.82 1.83 2.10 -6.02 -74.1 Digimarc dd 42.07 12.45 18.49 -20.99 -53.2 1stSource 11 59.94 42.29 53.09 3.49 7.0 ... 53.28 13.60 15.03 -36.06 -70.6
DigitalHealth DHACU FirstUnited FUNC HealthCatalyst HCAT n JupiterWellnessRt JWACR ... 0.36 0.06 0.10 ... ...
CelyadOncology CYAD dd 4.11 0.46 0.49 -3.17 -86.5 ... 11.93 10.00 10.23 -0.01 -0.1 5 24.50 16.18 19.65 0.89 4.7 dd 40.65 6.40 10.63 -28.99 -73.2
CentessaPharm CNTA DigitalHealth DHAC FirstWatchRest FWRG HealthcareAIAcqn HAIAU
Centogene CNTG
dd 11.81 2.88
dd 5.54 0.68
3.10 -8.16
0.93 -4.30
-72.5
-82.2 DigitalHlthWt DHACW
dd
...
11.00 9.85
0.39 0.02
10.90 1.02
0.10 -0.29
10.3
-74.6 FirstWesternFin MYFW
cc 18.95
15 34.20
11.57
24.07
13.53 -3.23
28.15 -2.21
-19.3
n HealthcareAI A HAIA
-7.3
... 10.30
14 10.82
9.90
9.82
10.26 0.25
10.26 ...
2.5
... K
CentralGarden CENT 13 53.40 35.61 37.45 -15.18 -28.8 DigitalWorldAcqn DWACU ... 115.00 16.32 17.00 -43.14 -71.7 FirstCash FCFS 20 100.00 58.30 86.91 12.10 n HealthcareAI Wt HAIAW
16.2 ... 0.41 0.03 0.06 ... ...
n-

CentralGardenA CENTA 13 48.62 33.69 35.80 -12.05 -25.2 DigitalWorldA DWAC dd 101.87 14.80 15.00 -36.43 -70.8 FirstService FSV 48 199.07 112.44 122.55 -73.92 -37.6 HealthcareSvcs HCSG 43 20.54 11.55 12.00 -5.79 -32.5 KLA KLAC 17 457.12 250.20 377.03 -53.08 -12.3
CenturyAluminum CENX 5 30.36 5.27 8.18 -8.38 -50.6 DigitalWorldWt DWACW ... 34.00 3.28 3.43 -9.77 -74.0 Fiserv FISV 32 110.99 87.03 101.07 -2.72 -2.6HealthEquity HQY dd 79.20 43.98 61.64 17.40 39.3 KLX Energy KLXE dd 18.63 3.13 17.31 14.21 458.4
CenturyTherap IPSC dd 16.83 4.69 5.13 -10.73 -67.7 DimeCommBcshs DCOM 9 38.20 28.36 31.83 -3.33 -9.5 FiveBelow FIVE 43 214.50 109.49 176.87 -30.02 -14.5 HealthStream HSTM 82 26.78 18.51 24.84 -1.52 -5.8 KVH Inds KVHI 10 11.88 6.89 10.22 1.03 11.2
Ceragon CRNT dd 2.87 1.53 1.91 -0.67 -26.0 Diodes DIOD 11 113.39 58.52 76.14 -33.67 -30.7 n 5EAdvMatls FEAM ... 49.50 7.07 7.88 ... HeartlandExp HTLD
... 9 17.32 12.78 15.34 -1.48 -8.8 n KairousAcqn KACL cc 10.74 9.80 10.34 ... ...
Cerence CRNC dd 84.90 12.82 18.53 -58.11 -75.8 DiscMedicine IRON dd 31.00 11.60 19.89 -9.21 -31.6 Five9 FIVN dd 144.24 46.61 67.86 -69.46 -50.6 HeartlandFinUSA HTLF 10 53.98 39.27 46.62 -3.99 -7.9 n KairousAcqnRt KACLR ... 0.28 0.06 0.13 ... ...
Certara CERT dd 29.04 10.60 16.07 -12.35 -43.5 DistributionSoln DSGR 25 55.96 25.66 36.86 -17.89 -32.7 FiveStarBncp FSBC 11 32.00 23.57 27.24 -2.76 -9.2Heidrick&Strug HSII 8 46.85 22.79 27.97 -15.76 -36.0 KairousAcqnUn KACLU ... 11.01 9.97 10.25 0.12 1.2
n KairousAcqnWt KACLW
no

Cerus CERS dd 7.01 3.25 3.65 -3.16 -46.4 Diversey DSEY dd 14.28 3.95 4.26 -9.05 -68.0 Flex FLEX 12 23.42 13.63 21.46 3.13 HelenofTroy HELE
17.1 16 249.08 82.94 110.91 -133.56 -54.6 ... 0.44 0.02 0.08 ... ...
ChainBridgeI CBRGU ... 10.29 9.97 10.29 0.22 2.2 DiversifiedHlthcr DHC 0 3.45 0.61 0.65 -2.44 -79.1 Flexsteel FLXS dd 29.87 13.46 15.40 -11.46 -42.7 HelloGroup MOMO dd 10.95 4.09 8.98 ... ... KaiserAlum KALU dd 107.41 59.24 75.96 -17.98 -19.1
n ChainBridgeIA CBRG 22 10.30 9.81 10.28 ... ... DixieGroup DXYN dd 6.32 0.75 0.78 -4.95 -86.3 FluenceEnergy FLNC dd 36.70 4.96 17.15 -18.41 -51.8 HennessyAdvsrs HNNA 10 11.37 8.11 8.40 -2.27 -21.3 KalaPharm KALA dd 97.00 3.54 38.15 -22.35 -36.9
n ChainBridgeIWt CBRGW ... 0.90 0.06 0.10 -0.40 -80.3 dLocal DLO 53 36.88 9.03 15.57 -20.12 -56.4 Fluent FLNT dd 2.36 0.96 1.09 -0.90 -45.2 HennessyCapVI HCVIU ... 10.78 9.34 9.89 -0.10 -1.0 Kaltura KLTR dd 3.86 1.32 1.72 -1.65 -49.0
ChampionX CHX 46 33.13 16.64 28.99 8.78 43.4 Docebo DCBO cc 68.03 23.40 33.14 -34.22 -50.8 FlushingFin FFIC 7 25.95 19.24 19.38 -4.92 -20.2 HennessyCapVI HCVI 30 9.98 9.56 9.87 0.18 1.9 KalVistaPharm KALV dd 17.34 4.12 6.76 -6.47 -48.9
ChargeEnt CRGE dd 8.46 1.18 1.24 -2.28 -64.8 DocuSign DOCU dd 157.37 39.57 55.42 -96.89 -63.6 Flywire FLYW dd 39.31 14.56 24.47 -13.59 -35.7 HennessyCapVIWt HCVIW ... 1.14 0.05 0.10 -0.74 -88.5 Kamada KMDA dd 6.88 3.72 4.01 -2.57 -39.1
CharterComms CHTR 11 653.09 297.66 339.10 -312.87 -48.0 Dogness DOGZ 11 8.98 0.80 0.98 -7.43 -88.3 FocusFinPtrs FOCS 25 62.24 30.27 37.27 -22.45 -37.6 HenrySchein HSIC 17 92.68 64.75 79.87 2.34 3.0 KandiTech KNDI dd 3.75 2.00 2.30 -0.91 -28.3
CheckPoint CHKP 21 149.62 107.54 126.16 9.60 8.2 DollarTree DLTR 20 177.19 123.62 141.44 0.92 0.7 FocusImpact FIACU ... 11.16 9.92 10.17 0.12 HeritageCommerce HTBK
1.2 13 14.87 10.42 13.00 1.06 8.9 Kanzhun BZ cc 37.50 9.74 20.37 -14.51 -41.6
Cheesecake CAKE 33 44.65 26.05 31.71 -7.44 -19.0 Domo DOMO dd 57.41 12.10 14.24 -35.36 -71.3 FocusImpact FIAC 22 10.44 9.83 10.18 0.31 HeritageCrystal HCCI
3.1 10 36.13 24.00 32.48 0.46 1.4 KaratPkg KRT 12 20.99 12.50 14.37 -5.84 -28.9
ChefsWarehouse CHEF 39 42.16 26.27 33.28 -0.02 -0.1 DonegalGroup A DGICA cc 17.13 13.05 14.20 -0.09 -0.6 FocusImpactWt FIACW ... 0.58 0.01 0.05 -0.47 -90.4 HeritageFin HFWA 14 34.34 23.31 30.64 6.20 25.4 KarunaTherap KRTX dd 278.25 92.26 196.50 65.50 50.0
ChemungFinl CHMG 8 48.75 40.74 45.87 -0.58 -1.2 DonegalGroup B DGICB cc 20.18 13.05 16.27 2.80 20.8 FocusUniversal FCUV dd 16.50 5.78 6.41 -2.45 -27.7 HertzGlobal HTZ 8 25.98 14.49 15.39 -9.60 -38.4 KaryopharmTherap KPTI dd 14.73 2.45 3.40 -3.03 -47.1
n ChengheAcqn CHEAU ... 10.30 9.97 10.28 ... ... DorchesterMnls DMLP 9 32.61 19.80 29.93 10.14 51.2 FoghornTherap FHTX dd 24.34 5.32 6.38 -16.49 -72.1 HertzGlobalWt HTZWW ... 16.90 6.91 7.46 -8.49 -53.3 Katapult KPLT dd 3.43 0.74 0.96 -2.41 -71.6
n ChengheAcqnA CHEA cc 10.36 9.98 10.30 ... ... DormanProducts DORM 19 119.04 73.32 80.87 -32.14 -28.4 ForbionEuro FRBNU ... 10.46 9.93 10.33 0.29 2.9
Hibbett HIBB 9 74.98 39.58 68.22 -3.71 -5.2 KatapultWt KPLTW ... 0.60 0.07 0.07 -0.50 -87.4
n ChengheAcqnWt CHEAW ... 0.19 0.06 0.06 ... ... DoubleDown DDI dd 15.74 8.00 8.45 -7.05 -45.5 n ForbionEuroA FRBN dd 10.55 9.86 10.33 ... HighPeakEner HPK
... 13 38.21 14.56 22.87 8.23 56.2 KearnyFinancial KRNY 11 13.89 9.02 10.15 -3.10 -23.4
ChesapeakeEner CHK 5 107.31 61.45 94.37 29.85 46.3 DouYuIntl DOYU dd 2.79 0.90 1.40 -1.24 -47.0 n ForbionEuroWt FRBNW ... 0.58 0.07 0.15 ... HighPeakEnerWt HPKEW
... ... 26.43 5.20 17.99 12.79 246.0 KellyServices A KELYA 88 23.00 13.41 16.90 0.13 0.8
ChesapeakeWtC CHKEL ... 88.00 29.89 77.36 44.61 136.2 DraftKings DKNG dd 28.55 9.77 11.39 -16.08 -58.5 FormFactor FORM 19 47.48 18.15 22.23 -23.49 -51.4
n HilleVax HLVX dd 24.42 7.90 16.73 ... ... KellyServices B KELYB 90 26.64 13.64 17.26 0.26 1.5
ChicagoAtlRealEst REFI 9 20.29 13.87 15.07 -1.58 -9.5 DragonflyEnergy DFLI dd 28.75 6.75 11.90 1.93 19.4 FormulaSys FORTY 14 122.79 70.89 70.89 -53.08 -42.8 HillmanSolns HLMN cc 12.45 6.59 7.21 -3.54 -32.9 KemPharm KMPH dd 9.43 4.00 4.59 -4.12 -47.3
ChickenSoupA CSSE dd 15.89 4.35 5.12 -8.72 -63.0 DrivenBrands DRVN dd 35.45 24.62 27.31 -6.31 -18.8 ForresterRes FORR 22 59.97 32.73 35.76 -22.97 -39.1 HimaxTechs HIMX 3 16.28 4.81 6.21 -9.78 -61.2 KY FirstFedBncp KFFB 39 8.69 6.60 6.66 -0.87 -11.5
Children'sPlace PLCE 6 83.77 29.20 36.42 -42.87 -54.1 Dropbox DBX 24 25.80 19.07 22.38 -2.16 -8.8 Fortinet FTNT 54 72.42 42.61 48.89 -22.99 -32.0 HinghamSvg HIFS 14 432.19 242.99 275.96 -143.92 -34.3 KerosTherap KROS dd 68.29 24.38 48.02 -10.49 -17.9
Chimerix CMRX 1 7.02 1.27 1.86 -4.57 -71.1 DuckCreekTech DCT dd 32.49 10.04 12.05 -18.06 -60.0 FortuneRise FRLAU ... 10.24 9.70 10.19 0.07 HollysysAuto HOLI
0.7 11 20.43 11.69 16.43 2.35 16.7 KeurigDrPepper KDP 28 41.31 33.35 35.66 -1.20 -3.3
Chindata CD 30 9.08 3.75 7.97 1.38 20.9 DuluthHoldings DLTH 17 15.90 5.64 6.18 -9.00 -59.3 FortuneRiseA FRLA dd 10.64 9.93 10.33 0.39 3.9
Hologic HOLX 15 80.49 59.78 74.81 -1.75 -2.3 KewauneeSci KEQU dd 20.48 12.59 15.95 3.25 25.6
ChinookTherap KDNY dd 27.44 11.16 26.20 9.89 60.6 Duolingo DUOL dd 113.36 60.50 71.13 -34.98 -33.0 FortuneRiseWt FRLAW ... 0.41 0.01 0.04 -0.35 -91.0 HomeBancorp HBCP 10 45.73 33.16 40.03 -1.48 -3.6 KeyTronic KTCC 9 6.56 4.00 4.33 -1.93 -30.8
ChipMOSTechs IMOS 5 37.76 17.50 21.43 -13.70 -39.0 DyneTherap DYN dd 15.63 4.30 11.59 -0.30 -2.5 ForwardAir FWRD 15 125.71 84.04 104.89 -16.20 -13.4 HomePlateAcqn HPLTU ... 10.91 9.70 10.01 -0.06 -0.6 n KeyarchAcqn KYCH cc 10.45 9.64 10.11 ... ...
ChordEnergy CHRD 2 181.34 93.35 136.81 10.82 8.6 Fossil FOSL dd 14.58 3.25 4.31 -5.98 -58.1 HomePlateAcqn HPLT 19 10.30 9.65 10.03 0.36 3.7 n KeyarchAcqn KYCHU ... 10.61 9.70 10.16 ... ...
ChurchillDowns CHDN
Chuy's CHUY
17 249.33 172.75
22 34.64 18.64
211.43 -29.47
28.30 -1.82
-12.2
-6.0
E FosterLB
4D Molecular FDMT
FSTR dd 16.15
dd 26.49
9.00
5.32
9.68 -4.07
22.21 0.27
-29.6 HomePlateAcqnWt HPLTW
HomePtCap HMPT
1.2
... 0.81
dd 5.04 0.99
... 0.01 -0.54
1.37 -3.13
-99.0
-69.6
n KeyarchAcqnRt KYCHR
n KeyarchAcqnWt KYCHW
...
...
0.64
0.30
...
...
0.07
0.03
...
...
...
...
Cimpress CMPR dd 75.40 18.00 27.61 -44.00 -61.4 ECARX ECX 32 11.32 6.35 7.99 -1.77 -18.1 FoxA FOXA 15 44.95 28.02 30.37 -6.53 -17.7HomeStreet HMST 6 57.40 22.44 27.58 -24.42 -47.0 KezarLifeSci KZR dd 18.55 4.30 7.04 -9.68 -57.9
CincinnatiFin CINF dd 143.22 88.66 102.39 -11.54 -10.1 EDAP TMS EDAP 93 11.53 5.54 10.66 4.67 78.0 FoxB FOX 14 40.91 26.35 28.45 -5.82 -17.0 HomeTrustBcshs HTBI 11 32.60 21.55 24.17 -6.81 -22.0 Kforce KFRC 13 78.15 49.35 54.83 -20.39 -27.1
n CinCorPharma CINC dd 43.15 10.53 12.29 ... ... n EFHuttonAcqnIRt EFHTR ... 0.19 0.07 0.12 ... ... FoxFactory FOXF 20 171.80 69.28 91.23 -78.87 -46.4 HomologyMed FIXX dd 4.26 1.04 1.26 -2.38 -65.4 KimballElec KE 15 25.39 16.66 22.59 0.83 3.8
Cintas CTAS 37 470.23 343.86 451.62 8.45 1.9 n EFHuttonAcqnIWt EFHTW ... 0.04 0.01 0.02 ... ... Franchise FRG 15 54.78 22.67 23.82 -28.34 -54.3 Honest HNST dd 8.28 2.54 3.01 -5.08 -62.8 KimballIntl B KBAL dd 10.87 6.11 6.50 -3.73 -36.5
CipherMining CIFR dd 4.71 0.38 0.56 -4.07 -87.9 n EFHuttonAcqnI EFHT ... 11.37 9.98 10.02 ... ... FranklinElec FELE 20 96.19 68.27 79.75 -14.81 -15.7 Honeywell HON 27 221.89 166.63 214.30 5.79 2.8 KingsoftCloud KC dd 15.69 1.77 3.83 -11.92 -75.7
CipherMiningWt CIFRW ... 1.25 0.04 0.06 -1.07 -94.7 EsgenAcqn ESACU ... 10.34 9.98 10.34 0.20 2.0 FreightCarAmer RAIL dd 6.90 3.06 3.20 -0.49 -13.3 HookerFurnishings HOFT 23 24.27 12.90 18.70 -4.58 -19.7 KiniksaPharm KNSA 8 17.20 7.36 14.98 3.21 27.3
CirrusLogic CRUS 12 95.84 61.94 74.48 -17.54 -19.1 EsgenAcqnA ESAC 17 10.85 9.88 10.34 0.42 4.2 FrequencyElec FEIM dd 10.00 4.92 7.05 -2.93 -29.4 HopeBancorp HOPE 7 17.68 12.40 12.81 -1.90 -12.9 KinnateBio KNTE dd 18.39 5.17 6.10 -11.62 -65.6
CiscoSystems CSCO 17 63.35 38.60 47.64 -15.73 -24.8 EsgenAcqnWt ESACW ... 0.50 0.03 0.03 -0.47 -94.3 FrequencyTherap FREQ dd 5.79 1.00 3.85 -1.28 -25.0 HorizonBancorp HBNC 7 23.80 14.50 15.08 -5.77 -27.7 Kirkland's KIRK dd 17.72 2.90 3.30 -11.63 -77.9
CitiTrends CTRN 4 97.14 15.48 26.48 -68.27 -72.1 ESSA Bancorp ESSA 10 21.80 15.63 20.87 3.54 20.4 Freshpet FRPT dd 118.77 36.02 52.77 -42.50 -44.6n HorizonSpaceI HSPOU ... 10.10 10.05 10.10 ... ... n Knightscope KSCP ... 27.50 1.35 1.89 ... ...
CtznCmntyBcp CZWI 7 16.49 11.35 12.03 -1.74 -12.6 EVO Payments EVOP cc 33.97 21.01 33.84 8.24 32.2 FreshworksA FRSH dd 26.81 10.51 14.71 -11.55 -44.0 HorizonTherap HZNP 47 117.49 57.84 113.80 6.04 5.6 KnowBe4 KNBE cc 26.00 13.78 24.78 1.84 8.0
CitizensHolding CIZN 9 21.75 11.93 13.70 -5.05 -26.9 EagleBncpMT EBMT 13 24.74 16.00 16.16 -6.82 -29.7 Frontdoor FTDR 24 39.01 19.06 20.80 -15.85 -43.2 HostHotels HST 14 21.63 15.10 16.05 -1.34 -7.7 KodiakSciences KOD dd 90.24 4.90 7.16 -77.62 -91.6
CityHolding CHCO 15 103.00 73.40 93.09 11.30 13.8 EagleBulkShip EGLE 3 78.75 38.10 49.94 4.44 9.8 FrontierComms FYBR 13 31.86 20.82 25.48 -4.01 -13.6 HubGroup HUBG 7 89.61 60.81 79.49 -4.75 -5.6 KornitDigital KRNT dd 154.99 19.44 22.97 -129.28 -84.9
Clarus CLAR 12 29.32 6.86 7.84 -19.88 -71.7 EaglePharm EGRX 18 53.78 24.35 29.23 -21.69 -42.6 Frontier ULCC dd 15.25 8.19 10.27 -3.30 -24.3n HudsonAcqnI HUDA dd 11.70 10.01 10.01 ... ... KraftHeinz KHC 41 44.87 32.73 40.71 4.81 13.4
n CleanEarthAcqns CLINU ... 11.06 9.98 10.17 ... ... Eargo EAR dd 8.55 0.48 0.57 -4.53 -88.7 FuelCell FCEL dd 7.33 2.47 2.78 -2.42 -46.5n HudsonAcqnIRt HUDAR ... 1.02 0.14 1.02 ... ... KratosDefense KTOS dd 22.26 8.90 10.32 -9.08 -46.8
n CleanEarthA CLIN dd 10.51 9.79 10.10 ... ... EastWestBncp EWBC 9 93.51 61.65 65.90 -12.78 -16.2 FulcrumTherap FULC dd 24.79 3.21 7.28 -10.41 -58.8n HudsonAcqnIUn HUDAU ... 12.18 10.00 10.19 ... ... KrispyKreme DNUT dd 19.41 10.21 10.32 -8.60 -45.5
n CleanEarthRt CLINR ... 0.49 0.08 0.12 ... ... EasternBankshares EBC 15 22.35 16.64 17.25 -2.92 -14.5 FulgentGenetics FLGT 3 101.98 29.01 29.78 -70.81 -70.4 HudsonGlobal HSON 8 44.00 20.51 22.63 -6.37 -22.0 KronosBio KRON dd 14.57 1.35 1.62 -11.97 -88.1
n CleanEarthWt CLINW ... 0.61 0.04 0.08 ... ... Eastern EML 9 28.32 17.10 19.28 -5.79 -23.1 FultonFin FULT 11 19.17 13.71 16.83 -0.17 -1.0HuizeHolding HUIZ dd 1.70 0.45 1.38 -0.05 -3.5 KrystalBiotech KRYS dd 85.11 47.67 79.22 9.27 13.3
CleanEnerFuels CLNE dd 8.65 4.02 5.20 -0.93 -15.2 EbangIntl EBON dd 56.40 2.52 2.91 -27.99 -90.6 Funko FNKO 11 27.79 7.60 10.91 -7.89 -42.0 Humacyte HUMA 7 8.04 1.96 2.11 -5.14 -70.9 Kulicke&Soffa KLIC 6 65.70 35.95 44.26 -16.28 -26.9
Clearfield CLFD 27 134.90 44.15 94.14 9.72 11.5 eBay EBAY dd 67.49 35.92 41.47 -25.03 -37.6 FusionFuelGreen HTOO ... 10.83 2.70 4.43 -3.85 -46.5 HumacyteWt HUMAW ... 2.48 0.39 0.39 -1.89 -82.8 KuraOncology KURA dd 19.93 10.41 12.41 -1.59 -11.4
ClearsideBiomed CLSD dd 2.95 0.98 1.12 -1.63 -59.3 Ebix EBIX 9 44.42 12.50 19.96 -10.44 -34.3 FusionPharm FUSN dd 8.73 1.98 3.15 -1.02 -24.5 JBHunt JBHT 18 218.18 153.92 174.36 -30.04 -14.7 KuraSushiUSA KRUS dd 96.60 30.95 47.68 -33.16 -41.0
n ClimateRock CLRCU ... 10.27 9.84 10.27 ... ... EchoStar SATS 27 27.36 15.26 16.68 -9.67 -36.7 Futu FUTU 19 72.20 21.23 40.65 -2.65 -6.1HuntingtonBcshs HBAN 11 17.79 11.67 14.10 -1.32 -8.6 KymeraTherap KYMR dd 65.44 13.15 24.96 -38.53 -60.7
n ClimateRockA CLRC ... 10.24 9.43 10.24 ... ... EdgewiseTherap EWTX dd 20.71 5.41 8.94 -6.34 -41.5 n FutureTechII FTIIU ... 11.08 9.99 10.25 ... ...
Hurco HURC 20 35.15 21.75 26.13 -3.57 -12.0
n ClimateRockRt CLRCR ... 0.15 0.06 0.12 ... ... Edgio EGIO dd 5.55 0.79 1.13 -2.30 -67.1 n FutureTechIIA FTII cc 10.50 9.95 10.25 ... HuronConsulting HURN
... 17 80.72 42.66 72.60 22.70 45.5 L
n ClimateRockWt CLRCW ... 0.12 0.03 0.05 ... ... EditasMedicine EDIT dd 27.99 8.21 8.87 -17.68 -66.6 n FutureTechIIWt FTIIW ... 0.15 0.01 0.03 ... Hut8Mining HUT
... dd 8.34 0.78 0.85 -7.00 -89.2
ClimbGlbl CLMB 12 39.45 24.65 31.53 -3.57 -10.2 EducDev EDUC 11 9.87 2.00 3.16 -5.89 -65.1 Hydrofarm HYFM dd 29.14 1.42 1.55 -26.74 -94.5 LamfGlbI Wt LGVCW ... 0.52 0.05 0.08 ... ...
CloverHealth CLOV
CoastalFinl CCB
dd 4.11 0.86
18 54.53 35.61
0.93 -2.79
47.52 -3.10
-75.0
-6.1
EHang
eHealth
EH
EHTH
dd 18.77
dd 27.89
3.32
2.67
8.58 -6.34
4.84 -20.66
-42.5
-81.0
G Hyperfine
Hywin
HYPR
HYW
dd 7.50
4 7.90
0.68
4.93
0.84 -6.41
5.68 0.07
-88.4
1.2
LamfGlbl I
LamfGlbI A
LGVCU
LGVC
...
cc
10.30
10.71
9.88
9.72
10.25
10.25
0.21
...
2.1
...
CocaColaCon COKE 15 656.11 405.03 512.36-106.83 -17.3 EigerBioPharma EIGR dd 10.02 0.96 1.18 -4.01 -77.3 GCM Grosvenor GCMG 16 11.10 6.26 7.61 -2.89 -27.5 HyzonMotors HYZN dd 7.03 1.37 1.55 -4.94 -76.1 LavaMedtech LVACU ... 10.22 9.92 10.22 0.14 1.4
Coca-ColaEuro CCEP 16 59.86 41.80 55.32 -0.61 -1.1 8x8 EGHT dd 17.92 2.87 4.32 -12.44 -74.2 GCMGrosvenorWt GCMGW ... 1.76 0.25 0.44 -1.06 -70.7 HyzonMotorsWt HYZNW ... 2.01 0.11 0.13 -1.77 -93.1 LavaMedtech LVAC 7 10.20 9.83 10.19 0.34 3.5
CodexDNA DNAY dd 11.32 1.08 1.20 -9.60 -88.9 89bio ETNB dd 15.07 2.00 12.73 -0.34 -2.6 GDS Holdings GDS dd 48.42 8.41 20.62 -26.54 -56.3 LavaMedtechWt LVACW ... 0.65 ... 0.01 -0.56 -99.1
Codexis
CodiakBioSci CDAK
CDXS dd 32.28 4.21
dd 13.48 0.30
4.66 -26.61
0.40 -10.74
-85.1
-96.4
ElPolloLoco LOCO
ElbitSystems ESLT
18 14.79
37 244.80
8.15
159.00
9.96 -4.23
164.04 -10.09
-29.8
-5.8
n GEHealthCareTechWi GEHCV
GH Research GHRS
...
dd
66.28 53.00 58.38
24.25 8.46 9.72
... ...
-13.61 -58.3
I LavaTherap LVTX
n LFCapAcqnIIA LFAC
...
cc
7.38
10.27
2.28
9.86
3.50
10.26
-2.00
...
-36.4
...
CodorusValleyBncp CVLY 15 24.48 18.66 23.80 2.28 10.6 ElectronicArts EA 38 142.79 109.24 122.18 -9.72 -7.4 G1Therapeutics GTHX dd 17.49 3.84 5.43 -4.78 -46.8 IAC IAC dd 140.77 41.52 44.40 -86.31 -66.0 LFCapitalAcqnIIUn LFACU ... 10.20 9.91 10.20 0.18 1.8
CoeptisTherap COEP 13 21.42 1.03 1.53 -8.47 -84.7 ElevationOnc ELEV dd 6.87 0.86 0.95 -5.07 -84.2 GRAVITY GRVY 7 72.00 36.08 40.32 -27.80 -40.8 IBEX IBEX 19 27.77 12.48 24.85 11.96 92.8 n LFCapAcqnIIWt LFACW ... 0.55 ... 0.03 ... ...
CoeptisTherapWt COEPW ... 0.41 0.01 0.10 -0.22 -69.1 EliemTherap ELYM dd 13.74 2.36 3.67 -6.79 -64.9 GSI Tech GSIT dd 4.98 1.57 1.73 -2.90 -62.6 ICF Intl ICFI 28 121.28 84.68 99.05 -3.50 -3.4 LGI Homes LGIH 6 155.43 71.73 92.60 -61.88 -40.1
CogentBio COGT dd 18.07 3.79 11.56 2.98 34.7 EmbarkTech EMBK dd 180.00 2.02 3.29 -170.31 -98.1 n GSRIIMeteora GSRMU ... 11.50 9.55 10.14 ... ... ICU Medical ICUI dd 251.73 128.90 157.48 -79.86 -33.6 LHC Group LHCG 79 169.84 112.25 161.69 24.46 17.8
CogentComm CCOI cc 74.08 46.75 57.08 -16.10 -22.0 EmbarkTechWt EMBKW ... 2.33 0.01 0.02 -1.99 -99.0 n GSRIIMeteoraA GSRM dd 10.50 9.78 10.11 ... ... IDEAYA Bio IDYA dd 24.09 8.14 18.17 -5.47 -23.1 n LIVCapAcqnII LIVBU ... 10.69 9.89 10.26 ... ...
Cognex CGNX 39 80.30 40.20 47.11 -30.65 -39.4 n Embecta EMBC 6 63.00 23.62 25.29 ... ... n GSRIIMeteoraRt GSRMR ... 2.95 0.35 0.94 ... ... IdexxLab IDXX 52 656.31 317.06 407.96-250.50 -38.0 n LIVCapAcqnII A LIVB ... 10.31 9.85 10.26 ... ...
CognitionTherap CGTX dd 7.30 1.07 2.10 -4.22 -66.8 n EmbraceChange EMCGU ... 10.45 10.03 10.24 ... ... n GSRIIMeteoraWt GSRMW ... 0.80 0.03 0.06 ... ... IES Holdings IESC 25 54.65 24.94 35.57 -15.07 -29.8 n LIVCapAcqnII Wt LIVBW ... 0.23 0.03 0.09 ... ...
CognizantTech CTSH 13 93.47 51.33 57.19 -31.53 -35.5 n EmbraceChange EMCG dd 10.28 9.96 10.20 ... ... Gaia GAIA cc 9.08 2.05 2.38 -6.19 -72.2 IGM Biosci IGMS dd 35.98 12.67 17.01 -12.32 -42.0 LKQ LKQ 13 60.43 42.36 53.41 -6.62 -11.0
CognyteSoftware CGNT dd 15.93 2.31 3.11 -12.56 -80.2 n EmbraceChangeRt EMCGR ... 0.15 0.08 0.10 ... ... GainTherap GANX dd 6.70 2.33 3.13 -2.30 -42.4 I-Mab IMAB dd 47.75 3.19 4.18 -43.21 -91.2 LPL Financial LPLA 28 271.56 140.65 216.17 56.08 35.0
Coherent COHR 90 75.05 29.90 35.10 -33.23 -48.6 n EmbraceChangeWt EMCGW ... 0.30 0.03 0.03 ... ... Galapagos GLPG cc 72.11 37.23 44.38 -10.75 -19.5 IndusRealty INDT 28 82.94 48.33 63.49 -17.57 -21.7 LSI Inds LYTS 19 12.63 5.41 12.24 5.38 78.4
CoherusBioSci CHRS dd 16.48 5.58 7.92 -8.04 -50.4 Emcore EMKR dd 7.29 0.86 0.96 -6.02 -86.2 Galecto GLTO dd 3.33 1.04 1.15 -1.88 -62.0 IN8bio INAB dd 4.98 1.38 2.31 -2.08 -47.4 LakeShoreBancorp LSBK 11 15.25 11.82 12.07 -2.83 -19.0
Cohu COHU 16 39.86 24.06 32.05 -6.04 -15.9 EM Horizon HORIU ... 11.06 9.89 10.23 0.22 2.2 GaleraTherap GRTX dd 4.65 1.12 1.49 -3.10 -67.5 IO Biotech IOBT dd 9.77 2.15 2.30 -4.10 -64.1 LakelandBcp LBAI 11 20.69 13.91 17.61 -1.38 -7.3
CoinbaseGlbl COIN dd 258.81 31.83 35.39 -216.98 -86.0 n EM Horizon A HORI 14 10.22 9.75 10.22 ... ... Gambling.com GAMB 44 12.96 6.62 9.15 -1.00 -9.9 IPG Photonics IPGP 19 176.63 79.88 94.67 -77.47 -45.0 LakelandFin LKFN 18 85.71 64.05 72.97 -7.17 -8.9
CollegiumPharm COLL dd 24.36 14.04 23.20 4.52 24.2 n EMHorizonWt HORIW ... 0.49 0.01 0.01 ... ... n Games&EsportsA GEEX 16 12.73 9.80 10.30 ... ... i3Verticals IIIV dd 30.26 18.59 24.34 1.55 6.8 LakelandInd LAKE 34 22.13 11.13 13.30 -8.40 -38.7
ColliersIntl CIGI 67 158.42 84.16 92.04 -56.61 -38.1 Enact ACT 6 28.37 19.21 24.12 3.45 16.7 Games&EsportsExper GEEXU ... 10.43 9.95 10.27 0.13 1.3 IVERICbio ISEE dd 24.33 8.85 21.41 4.69 28.1 n LakeshoreAcqnII LBBBU ... 11.70 9.98 10.35 ... ...
Collplant CLGN dd 16.82 4.27 8.35 -8.01 -49.0 EnantaPharma ENTA dd 79.50 37.59 46.52 -28.26 -37.8 n Games&EsportsWt GEEXW ... 0.60 0.02 0.03 ... ... IX Acqn IXAQU ... 10.54 9.57 10.12 0.21 2.1 n LakeshoreAcqnII LBBB dd 10.55 9.89 10.19 ... ...
ColonyBankcorp CBAN 11 19.00 12.64 12.69 -4.38 -25.7 EncoreCapital ECPG 4 72.73 44.06 47.94 -14.17 -22.8 GamidaCell GMDA dd 4.72 1.10 1.29 -1.25 -49.2 IXAcqnA IXAQ 17 10.13 9.69 10.13 0.43 4.5 n LakeshoreII Rt LBBBR ... 0.34 0.05 0.17 ... ...
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

THE WALL STREET JOURNAL. Tuesday, January 3, 2023 | R9

JOURNAL REPORT | NASDAQ 2022 TRADING SUMMARY

Net Pct Net Pct Net Pct Net Pct Net Pct
Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg

LamResearch LRCX 12 731.85 299.59 420.30-298.85 -41.6 MomentusWt MNTSW ... 0.95 0.03 0.05 -0.43 -89.8 PCTEL PCTI 69 5.79 3.90 4.30 -1.37 -24.2 RecursionPharm RXRX dd 18.23 4.92 7.71 -9.42 -55.0 SolidPowerWt SLDPW ... 2.85 0.33 0.42 -1.85 -81.5
LamarAdv LAMR 19 124.32 81.10 94.40 -26.90 -22.2 MonarchCasino MCRI 18 94.26 54.01 76.89 2.94 4.0 PDC Energy PDCE 3 89.22 48.52 63.48 14.70 30.1 RedRiverBcshs RRBI 10 60.57 47.09 51.06 -2.44 -4.6 SomaLogic SLGC dd 11.89 2.02 2.51 -9.13 -78.4
LancasterColony LANC 56 214.00 116.85 197.30 31.70 19.1 monday.com MNDY dd 314.28 73.58 122.00 -186.72 -60.5 PDF Solutions PDFS dd 32.80 19.34 28.52 -3.27 -10.3 RedRobin RRGB dd 18.64 5.35 5.58 -10.95 -66.2 SomaLogicWt SLGCW ... 3.50 0.27 0.40 -2.94 -88.0
LandmarkBncp LARK 10 28.57 20.67 22.63 -4.69 -17.2 Mondee MOND dd 16.98 6.74 10.88 1.06 10.8 PENN Entmt PENN 21 53.36 25.49 29.70 -22.15 -42.7 RedRockResorts RRR 11 55.84 30.98 40.01 -15.00 -27.3 Sonder SOND dd 10.88 0.90 1.24 -8.73 -87.6
LandstarSystem LSTR 13 182.00 137.15 162.90 -16.12 -9.0 Mondelez MDLZ 30 69.47 54.72 66.65 0.34 0.5 PLBY Group PLBY dd 29.16 2.52 2.75 -23.89 -89.7 Redfin RDFN dd 39.79 3.08 4.24 -34.15 -89.0 SonderWt SONDW ... 1.88 0.07 0.08 -1.85 -95.8
Lantheus LNTH 34 87.47 23.51 50.96 22.07 76.4 MoneyGram MGI 65 10.96 7.18 10.89 3.00 38.0 PMV Pharm PMVP dd 24.27 8.13 8.70 -14.40 -62.3 RedHillBio RDHL dd 3.27 0.13 0.14 -2.44 -94.6 Sono SEV ... 10.65 0.88 0.98 -8.65 -89.8
Largo LGO 23 14.27 4.75 5.38 -3.88 -41.9 MongoDB MDB dd 519.54 135.15 196.84 -332.51 -62.8 PRA Group PRAA 10 51.00 29.68 33.78 -16.43 -32.7 n RedwoodsAcqn RWODU ... 10.64 9.02 10.11 ... ... Sonos SONO 40 31.22 13.65 16.90 -12.90 -43.3
LarimarTherap LRMR dd 11.05 1.53 4.13 -6.66 -61.7 MonolithicPower MPWR 44 541.39 301.69 353.61 -139.72 -28.3 ProceptBio PRCT dd 52.40 15.38 41.54 16.53 66.1 n RedwoodsAcqn RWOD ... 10.08 9.78 10.06 ... ... SophiaGenetics SOPH dd 15.83 1.69 2.06 -12.04 -85.4
n LatAmGrowth LATGU ... 10.29 9.74 10.29 ... ... Monro MNRO 30 59.98 37.49 45.20 -13.07 -22.4 PTC PTC 45 133.14 96.55 120.04 -1.11 -0.9 n RedwoodsAcqnRt RWODR ... 0.22 0.06 0.16 ... ... SoteraHealth SHC 19 24.90 5.78 8.33 -15.22 -64.6
n LatAmGrowthA LATG 17 10.51 9.88 10.28 ... ... MonsterBev MNST 45 104.65 71.78 101.53 5.49 5.7 PTC Therap PTCT dd 55.58 25.01 38.17 -1.66 -4.2 n RedwoodsAcqnWt RWODW ... 0.14 0.03 0.05 ... ... SotherlyHotels SOHO 10 3.11 1.48 1.81 -0.28 -13.4
n LatAmGrowthWt LATGW ... 1.12 ... 0.12 ... ... MonteRosaTherap GLUE dd 21.56 6.05 7.61 -12.81 -62.7 Paccar PCAR 13 107.18 77.00 98.97 10.71 12.1 RegencyCtrs REG 24 78.78 51.97 62.50 -12.85 -17.1 n SoundPointI SPCMU ... 10.60 10.00 10.37 ... ...
Latch LTCH dd 7.77 0.53 0.71 -6.86 -90.6 MontereyBioAcqn MTRY dd 10.50 9.88 10.50 0.65 6.6 PacBiosciCA PACB dd 21.01 3.85 8.18 -12.28 -60.0 RegenPharm REGN 15 779.00 538.01 721.49 89.97 14.2 n SoundPointA SPCM 26 10.65 9.96 10.31 ... ...
LatchWt LTCHW ... 1.93 0.03 0.04 -1.79 -97.7 MontereyBio MTRYU ... 10.40 10.01 10.25 0.04 0.4 PacificPremBncp PPBI 10 44.57 27.92 31.56 -8.47 -21.2 n RelativityAcqn RACYU ... 15.45 9.45 12.86 ... ... n SoundPointWt SPCMW ... 0.28 0.10 0.10 ... ...
Latham SWIM 48 26.06 2.75 3.22 -21.81 -87.1 MontereyBioAcqnWt MTRYW ... 0.41 0.02 0.03 -0.36 -91.7 PaciraBioSci PCRX 98 82.16 37.69 38.61 -21.56 -35.8 n RelativityAcqnA RACY 65 16.11 9.76 12.65 ... ... n SoundHoundAI SOUN dd 18.14 0.93 1.77 ... ...
LatticeSemi LSCC 59 79.22 43.41 64.88 -12.18 -15.8 n MontereyCap MCACU ... 10.12 9.91 10.06 ... ... PactivEvergreen PTVE 6 13.87 8.31 11.36 -1.32 -10.4 n RelativityAcqnWt RACYW ... 0.18 ... 0.03 ... ... SoundHoundAI Wt SOUNW ... 1.33 0.07 0.15 -1.02 -87.2
LaureateEduc LAUR 37 13.35 9.24 9.62 -2.62 -21.4 n MontereyCapA MCAC dd 10.16 9.80 10.03 ... ... PacWestBancorp PACW 5 51.81 21.29 22.95 -22.22 -49.2 RelayTherap RLAY dd 35.36 12.65 14.94 -15.77 -51.4 SouthPlainsFin SPFI 8 31.96 22.47 27.53 -0.28 -1.0
Leafly LFLY 7 11.58 0.46 0.65 -9.34 -93.5 n MontereyCapRt MCACR ... 0.22 0.07 0.10 ... ... PaloAltoNtwks PANW dd 213.63 136.74 139.54 -46.05 -24.8 RelmadaTherap RLMD dd 38.68 1.81 3.49 -19.04 -84.5 SouthState SSB 12 93.34 72.25 76.36 -3.75 -4.7
LeaflyWt LFLYW ... 1.88 0.03 0.05 -1.01 -95.3 n MontereyCapWt MCACW ... 0.13 0.03 0.04 ... ... Palomar PLMR 23 95.20 43.63 45.16 -19.61 -30.3 RemitlyGlobal RELY dd 20.95 6.66 11.45 -9.17 -44.5 SouthernFirstBcsh SFST 10 65.38 41.05 45.75 -16.74 -26.8
LeapTherap LPTX dd 3.45 0.40 0.45 -2.79 -86.1 Morningstar MORN 76 343.54 207.11 216.59-125.40 -36.7 PanAmerSilver PAAS dd 30.56 13.40 16.34 -8.63 -34.6 Renalytix RNLX dd 17.83 1.05 1.87 -14.03 -88.2 SoMO Bancorp SMBC 10 58.50 41.79 45.83 -6.34 -12.2
LeeEnterprises LEE dd 44.43 15.70 18.56 -15.98 -46.3 Morphic MORF dd 52.34 19.23 26.75 -20.63 -43.5 PapaJohn's PZZA 43 133.40 66.74 82.31 -51.16 -38.3 Renasant RNST 13 41.77 27.61 37.59 -0.36 -0.9 SouthernStBcsh SSBK 13 30.50 19.05 28.95 9.38 47.9
LegacyHousing LEGH 8 27.79 11.96 18.96 -7.51 -28.4 MorphoSys MOR dd 9.76 3.17 3.58 -5.84 -62.0 n PapayaGrowthI Wt PPYAW ... 0.34 ... 0.08 ... ... ReneoPharm RPHM dd 9.60 1.79 2.33 -6.22 -72.7 SouthsideBcshs SBSI 11 44.75 31.18 35.99 -5.83 -13.9
LegalZoom LZ dd 17.36 7.37 7.74 -8.33 -51.8 MotorcarParts MPAA dd 19.93 9.80 11.86 -5.21 -30.5 n PapayaGrowthI PPYAU ... 11.02 9.86 10.20 ... ... ReNewEnergyWt RNWWW ... 2.10 0.69 0.78 -0.80 -50.3 SovosBrands SOVO dd 16.83 9.52 14.37 -0.68 -4.5
LegatoMergerII LGTO cc 10.23 9.81 10.22 0.29 2.9 MountRainierAcqn RNERU ... 13.04 9.37 12.00 1.83 18.0 n PapayaGrowthI A PPYA cc 10.65 9.86 10.21 ... ... ReNewEnergy RNW dd 8.97 5.02 5.50 -2.28 -29.3 SpartanNash SPTN 20 37.75 23.76 30.24 4.48 17.4
LegatoMergerIIUn LGTOU ... 10.90 9.92 10.48 0.45 4.5 n MountRainier RNER dd 12.90 9.84 12.36 ... ... ParamountA PARAA 4 41.87 17.75 19.61 -13.76 -41.2 Rent-A-Center RCII 76 50.16 16.82 22.55 -25.49 -53.1 SpectrumPharm SPPI dd 1.62 0.32 0.37 -0.90 -71.0
LegatoMergerIIWt LGTOW ... 0.60 0.17 0.44 -0.06 -12.4 n MountRainierWt RNERW ... 0.38 0.05 0.18 ... ... ParamountB PARA 4 39.21 15.29 16.88 -13.30 -44.1 RenttheRunway RENT dd 8.51 1.10 3.05 -5.10 -62.6 SperoTherap SPRO dd 16.30 0.68 1.73 -14.28 -89.2
LegendBiotech LEGN dd 57.67 30.75 49.92 3.31 7.1 MountainIAcqn MCAAU ... 10.37 10.02 10.37 0.15 1.5 ParatekPharma PRTK dd 4.80 1.60 1.87 -2.62 -58.4 RepareTherap RPTX dd 22.20 8.06 14.71 -6.38 -30.3 Splunk SPLK dd 150.79 65.00 86.09 -29.63 -25.6
LeMaitreVascular LMAT 48 56.38 38.32 46.02 -4.21 -8.4 MountainI A MCAA dd 10.60 9.96 10.38 0.38 3.8 PardesBiosci PRDS dd 16.88 0.75 1.69 -14.68 -89.7 Repligen RGEN 59 265.78 137.21 169.31 -95.53 -36.1 SpokHoldings SPOK dd 10.14 6.12 8.19 -1.14 -12.2
LendingTree TREE dd 143.09 17.59 21.33 -101.27 -82.6 MountainI Wt MCAAW ... 0.60 0.02 0.03 -0.57 -95.0 Park-Ohio PKOH dd 23.47 9.23 12.23 -8.94 -42.2 Replimune REPL dd 30.89 13.05 27.20 0.10 0.4 Sportradar SRAD 59 19.48 7.10 9.96 -7.61 -43.3
LeonardoDRS DRS 5 16.70 7.51 12.78 3.36 35.7 MountainCrestVRt MCAGR ... 0.39 0.03 0.23 -0.12 -34.9 PartnerComms PTNR 20 9.49 6.60 7.13 -0.88 -11.0 RepublicBcpKYA RBCAA 8 52.63 38.17 40.92 -9.92 -19.5 SportsmansWrhs SPWH 5 12.28 7.75 9.41 -2.39 -20.3
LesakaTech LSAK dd 6.07 3.02 4.55 -0.77 -14.5 MountainCrestV MCAG dd 10.45 9.69 10.05 0.29 3.0 PassageBio PASG dd 6.55 1.04 1.38 -4.97 -78.3 RepublicFirstBncp FRBK 9 5.67 1.96 2.15 -1.57 -42.2 SportsMapTech SMAP dd 10.88 9.82 10.21 0.40 4.0
Leslie's LESL 14 24.40 11.43 12.21 -11.45 -48.4 MountainCrestV MCAGU ... 10.30 9.12 10.07 ... ... PathwardFinl CASH 8 63.82 31.16 43.05 -16.61 -27.8 ReservoirMedia RSVR 25 10.84 4.42 5.97 -1.94 -24.5 SportsMapTech SMAPU ... 10.20 9.90 10.19 0.03 0.3
LexiconPharm LXRX dd 3.99 1.31 1.91 -2.03 -51.5 n MurphyCanyon MURFU ... 10.61 10.02 10.18 ... ... PatriaInvts PAX 29 19.20 12.25 13.93 -2.27 -14.0 ReservoirMediaWt RSVRW ... 2.53 0.70 1.30 -0.09 -6.5 SportsMapTechWt SMAPW ... 0.50 0.02 0.05 -0.42 -88.3
LexinFintech LX 3 3.99 1.26 1.90 -1.96 -50.8 n MurphyCanyonA MURF dd 10.55 9.93 10.25 ... ... n PatriaLatAm PLAOU ... 10.34 10.02 10.33 ... ... ResourcesConnect RGP 9 23.18 15.69 18.38 0.54 3.0 n SpringValleyII SVIIU ... 10.38 10.05 10.38 ... ...
LiAuto LI dd 41.49 12.52 20.40 -11.70 -36.4 n MurphyCanyonWt MURFW ... 0.20 0.02 0.07 ... ... n PatriaLatAm PLAO 59 10.85 9.95 10.34 ... ... RetailOppor ROIC 37 20.09 13.35 15.03 -4.57 -23.3 n SpringValleyII A SVII ... 10.57 10.00 10.13 ... ...
LianBio LIAN dd 6.48 1.07 1.64 -4.52 -73.4 Mynaric MYNA dd 13.81 3.37 4.24 -8.48 -66.7 n PatriaLatAmWt PLAOW ... 0.49 0.04 0.09 ... ... ReunionNeuro REUN dd 12.30 0.76 0.90 -11.15 -92.5 n SpringValleyII Rt SVIIR ... 0.20 0.10 0.17 ... ...
LibertyBroadbandA LBRDA 9 161.45 68.15 75.85 -85.05 -52.9 MyriadGenetics MYGN dd 28.45 13.92 14.51 -13.09 -47.4 PatrickIndustries PATK 4 83.19 41.75 60.60 -20.09 -24.9 RevanceTherap RVNC dd 30.95 11.27 18.46 2.14 13.1 n SpringValleyII Wt SVIIW ... 0.31 0.08 0.25 ... ...
LibertyBroadbandC LBRDK 9 162.28 68.67 76.27 -84.83 -52.7 PatriotNatBncp PNBK 7 18.00 9.75 10.60 -4.95 -31.8 RevelstoneCap RCACU ... 10.11 9.54 9.99 0.06 0.6 SpringBig SBIG dd 5.44 0.41 0.50 -4.44 -89.9
LibertyGlobal A LBTYA
LibertyGlobal B LBTYB
2 29.08
2 30.30
15.22 18.93 -8.81
16.30 19.00 -9.16
-31.8
-32.5
N PatriotTransport PATI
Patterson PDCO
4 8.75
14 35.29
6.95 7.03 -1.04
23.87 28.03 -1.32
-12.9
-4.5
n RevelstoneCapA RCAC
n RevelstoneCapWt RCACW
cc
...
10.35
0.47
9.66
0.01
10.03
0.10
...
...
...
...
SpringWorks SWTX
SproutsFarmers SFM
dd 66.11
14 35.34
13.60
22.56
26.01 -35.97
32.37 2.69
-58.0
9.1
LibertyGlobal C LBTYK 2 29.17 16.16 19.43 -8.66 -30.8 Napco Security NSSC 56 31.30 15.39 27.48 2.49 10.0 PattersonUTIEn PTEN dd 20.53 8.44 16.84 8.39 99.3 RevolutionMed RVMD dd 27.49 14.08 23.82 -1.35 -5.4 SpruceBio SPRB dd 4.69 0.95 1.10 -3.36 -75.4
LibertyLatAmA LILA dd 12.37 5.90 7.53 -4.13 -35.4 NBT Bancorp NBTB 12 48.68 34.58 43.42 4.90 12.7 Paychex PAYX 29 141.92 105.66 115.56 -20.94 -15.3 ReynoldsCnsmr REYN 24 32.50 24.54 29.98 -1.42 -4.5 StaarSurgical STAA 63 112.27 46.35 48.54 -42.76 -46.8
LibertyLatAmC LILAK dd 12.14 5.88 7.60 -3.80 -33.3 NGM Biopharm NGM dd 19.14 2.92 5.02 -12.69 -71.7 PaycorHCM PYCR dd 34.95 20.14 24.47 -4.34 -15.1 RhythmPharm RYTM dd 30.98 3.04 29.12 19.14 191.8 Stagwell STGW 37 8.92 4.80 6.21 -2.46 -28.4
LibertyFormOne A FWONA dd 64.70 45.01 53.43 -5.91 -10.0 NICE NICE 52 306.12 164.65 192.30 -111.30 -36.7 Paylocity PCTY cc 276.88 152.01 194.26 -41.90 -17.7 RibbonComms RBBN dd 6.42 2.19 2.79 -3.26 -53.9 StdBioTools LAB dd 4.23 0.92 1.17 -2.75 -70.2
LibertyFormOne C FWONK dd 71.17 50.00 59.78 -3.46 -5.5 NMI Holdings NMIH 6 27.25 15.33 20.90 -0.95 -4.3 Payoneer PAYO dd 8.04 3.33 5.47 -1.88 -25.6 RichardsonElec RELL 13 27.24 11.01 21.33 7.81 57.8 StarBulkCarriers SBLK 3 33.99 16.85 19.23 -3.44 -15.2
LibertyBraves A BATRA 29 34.54 24.50 32.67 3.92 13.6 NN NNBR dd 4.37 1.25 1.50 -2.60 -63.4 PayoneerWt PAYOW ... 2.41 0.37 1.03 -1.34 -56.6 RigelPharm RIGL dd 3.52 0.64 1.50 -1.15 -43.4 StarEquity STRR dd 2.60 0.72 0.85 -1.70 -66.5
LibertyBraves C BATRK 29 34.15 23.34 32.23 4.13 14.7 NRX Pharm NRXP dd 5.15 0.49 1.11 -3.67 -76.8 PayPal PYPL 36 196.10 66.39 71.22 -117.36 -62.2 RiminiStreet RMNI 5 7.25 3.50 3.81 -2.16 -36.2 Starbucks SBUX 35 117.80 68.39 99.20 -17.77 -15.2
LibertySirius A LSXMA 14 52.62 34.40 39.31 -11.54 -22.7 NRX PharmWt NRXPW ... 2.31 0.10 0.25 -1.60 -86.5 PeapackGladFinl PGC 10 42.19 27.71 37.22 1.82 5.1 RiverviewBncp RVSB 9 8.05 6.08 7.68 -0.01 -0.1 StealthGas GASS dd 4.18 1.91 2.68 0.57 27.0
LibertySirius B LSXMB 14 53.04 36.50 39.03 -12.16 -23.8 NXP Semi NXPI 16 234.90 132.08 158.03 -69.75 -30.6 PearlHoldingsAcqn PRLHU ... 10.29 9.90 10.24 0.24 2.4 Rivian RIVN dd 106.80 17.45 18.43 -85.26 -82.2 SteelDynamics STLD 4 113.12 50.54 97.70 35.63 57.4
LibertySirius C LSXMK 14 52.43 34.34 39.13 -11.72 -23.0 n NanoLabs NA ... 13.95 0.92 1.15 ... ... n PearlHldgsAcqnA PRLH cc 10.58 9.75 10.23 ... ... Robinhood HOOD dd 18.94 6.81 8.14 -9.62 -54.2 StellarBancorp STEL 21 36.09 26.11 29.46 0.46 1.6
LibertyRscsAcqn LIBYU ... 11.10 9.94 10.55 0.27 2.6 NanoXImaging NNOX dd 16.44 6.41 7.38 -7.16 -49.2 n PearlHldgsWt PRLHW ... 0.38 0.02 0.07 ... ... RocketPharm RCKT dd 24.18 7.57 19.57 -2.26 -10.4 StepStone STEP 29 42.33 22.39 25.18 -16.39 -39.4
LibertyRscsA LIBY dd 10.23 9.86 10.21 0.33 3.3 Nanobiotix NBTX dd 10.42 2.32 3.67 -4.43 -54.7 Pegasystems PEGA dd 111.73 29.05 34.24 -77.58 -69.4 RockyBrands RCKY 7 48.91 18.00 23.62 -16.18 -40.7 Stericycle SRCL cc 61.27 39.63 49.89 -9.75 -16.3
LibertyRscsWt LIBYW ... 0.39 0.04 0.10 -0.28 -73.7 NanoStringTech NSTG dd 42.57 4.37 7.97 -34.26 -81.1 Peloton PTON dd 40.35 6.66 7.94 -27.82 -77.8 RockyMtnChoc RMCF dd 8.93 5.48 5.70 -2.15 -27.4 SterlingCheck STER 51 28.76 12.22 15.47 -5.04 -24.6
LibertyTripAdvB LTRPB 36 93.67 8.43 25.00 8.25 49.3 NantHealth NH dd 16.80 1.57 3.65 -12.18 -76.9 Pennant PNTG cc 24.23 8.68 10.98 -12.10 -52.4 RoivantSciences ROIV dd 10.31 2.52 7.99 -2.09 -20.7 SterlingInfr STRL 12 33.62 20.46 32.80 6.50 24.7
LibertyTripAdvA LTRPA 1 2.48 0.57 0.67 -1.50 -69.1 Nasdaq NDAQ 27 70.29 46.77 61.35 -8.65 -12.4 PennsWoodsBncp PWOD 11 27.50 21.60 26.62 2.97 12.6 RoivantSciencesWt ROIVW ... 2.12 0.22 1.94 -0.11 -5.2 StevenMadden SHOO 10 49.84 26.36 31.96 -14.51 -31.2
LifecoreBiomed LFCR dd 12.04 6.23 6.48 -4.62 -41.6 Natera NTRA dd 92.06 26.10 40.17 -53.22 -57.0 PeoplesBncpOH PEBO 8 34.63 25.63 28.25 -3.56 -11.2 Roku ROKU dd 238.36 38.26 40.70 -187.50 -82.2 StitchFix SFIX dd 20.17 2.63 3.11 -15.81 -83.6
LifeMD LFMD dd 4.33 1.72 1.94 -1.93 -49.9 Nathan's NATH 16 70.54 45.50 67.21 8.82 15.1 PeoplesBncpNC PEBK 12 32.56 24.42 32.56 4.97 18.0 Root ROOT dd 61.02 4.06 4.49 -51.31 -92.0 StockYardsBncp SYBT 21 78.71 50.83 64.98 1.10 1.7
LifeStanceHealth LFST dd 11.25 4.22 4.94 -4.58 -48.1 NationalBeverage FIZZ 32 57.65 38.10 46.53 1.20 2.6 PeoplesFinSvcs PFIS 8 59.99 46.02 51.84 -0.85 -1.6 RoseHillAcqn ROSEU ... 10.78 10.00 10.38 0.21 2.1 StokeTherap STOK dd 26.60 6.88 9.23 -14.76 -61.5
LifetimeBrands LCUT dd 16.75 6.38 7.59 -8.38 -52.5 NatlCineMedia NCMI dd 3.41 0.22 0.22 -2.59 -92.2 n PepGen PEPG dd 17.81 4.32 13.37 ... ... RoseHillAcqn ROSE 18 10.61 9.89 10.32 0.40 4.0 StoneCo STNE dd 19.66 6.81 9.44 -7.42 -44.0
LifewayFoods LWAY cc 9.00 4.55 5.55 0.95 20.7 NatlInstruments NATI 35 44.05 29.81 36.90 -6.77 -15.5 PepperLimeUn PEPLU ... 10.72 9.83 10.13 -0.05 -0.5 RoseHillAcqnWt ROSEW ... 0.49 0.03 0.10 -0.39 -79.6 StoneX SNEX 10 103.00 60.76 95.30 34.05 55.6
LigandPharm LGND dd 100.84 46.83 66.80 -32.87 -33.0 NatlResearch NRC 27 42.95 30.93 37.30 -4.22 -10.2 PepperLimeA PEPL dd 10.40 9.71 10.21 0.41 4.2 RossStores ROST 28 120.39 69.24 116.07 1.79 1.6 Stratasys SSYS dd 28.00 11.04 11.86 -12.63 -51.6
Light&Wonder LNW dd 70.59 40.10 58.60 -8.23 -12.3 NationalVision EYE 57 49.54 22.59 38.76 -9.23 -19.2 PepperLimeWt PEPLW ... 0.54 0.01 0.02 -0.43 -96.6 n RothCHAcqnV ROCL dd 10.64 9.67 10.11 ... ... StrategicEd STRA 38 82.42 48.01 78.32 20.48 35.4
Lilium LILM ... 8.18 1.09 1.14 -5.79 -83.5 NatlWesternLife NWLI 8 309.25 166.94 281.00 66.56 31.0 PepsiCo PEP 26 186.84 153.37 180.66 6.95 4.0 RothCHAcqnVUn ROCLU ... 10.49 9.87 10.15 0.19 1.9 Strattec STRT 11 44.30 19.20 20.55 -16.47 -44.5
Limoneira LMNR dd 16.28 10.44 12.21 -2.79 -18.6 NaturalAlt NAII 6 14.00 7.04 8.39 -4.26 -33.7 PerceptionCapII PCCTU ... 11.18 9.69 10.21 0.06 0.6 n RothCHAcqnVWt ROCLW ... 1.68 0.02 0.04 ... ... StratusProp STRS 2 46.44 18.51 19.29 -17.28 -47.3
LincolnEduc LINC 7 7.95 4.59 5.79 -1.68 -22.5 NautilusBiotech NAUT dd 5.33 1.50 1.80 -3.38 -65.3 PerceptionCapII PCCT dd 12.25 9.90 10.63 0.72 7.3 Rover ROVR 90 10.45 3.14 3.67 -6.08 -62.4 StrongholdDig SDIG dd 14.43 0.40 0.48 -12.37 -96.3
LincolnElectric LECO 19 150.68 118.17 144.49 5.02 3.6 Navient NAVI 5 22.59 12.45 16.45 -4.77 -22.5 PerceptionCapIIWt PCCTW ... 0.45 0.01 0.02 -0.42 -95.5 RoyalGold RGLD 28 147.70 84.54 112.72 7.51 7.1 SummitFin SMMF 6 30.83 24.27 24.89 -2.56 -9.3
LionheartIII LIONU ... 10.54 9.49 10.13 0.03 0.3 NavitasSemi NVTS dd 17.34 3.11 3.51 -13.50 -79.4 PerdoceoEduc PRDO 9 14.82 9.65 13.90 2.14 18.2 RoyaltyPharma RPRX 34 44.75 36.15 39.52 -0.33 -0.8 SummitStateBk SSBI 7 17.98 14.05 15.80 0.31 2.0
LionheartIII A LION dd 10.19 9.80 10.19 0.34 3.5 n Nayax NYAX dd 37.07 18.09 19.70 ... ... PerellaWeinberg PWP dd 13.22 5.47 9.80 -3.06 -23.8 RubiusTherap RUBY dd 10.47 0.14 0.17 -9.51 -98.2 SummitTherap SMMT dd 5.61 0.66 4.25 1.56 58.0
LionheartIII Wt LIONW ... 0.46 0.01 0.05 -0.40 -89.4 nCino NCNO dd 56.38 22.97 26.44 -28.42 -51.8 Perficient PRFT 31 133.12 59.78 69.83 -59.46 -46.0 RushEnt A RUSHA 8 60.88 42.72 52.28 -3.36 -6.0 SumoLogic SUMO dd 13.96 6.42 8.10 -5.46 -40.3
LiquiditySvcs LQDT 12 23.39 11.39 14.06 -8.02 -36.3 NecessityRetail RTL dd 9.48 5.46 5.93 -3.20 -35.0 PerformantFin PFMT dd 3.62 1.72 3.61 1.20 49.8 RushEnt B RUSHB 9 60.01 44.18 56.27 2.30 4.3 SunCountryAir SNCY cc 30.61 13.25 15.86 -11.39 -41.8
Littelfuse LFUS 17 326.82 192.19 220.20 -94.48 -30.0 NektarTherap NKTR dd 14.06 1.99 2.26 -11.25 -83.3 PerionNetwork PERI 15 28.25 16.41 25.30 1.25 5.2 RuthsHospitality RUTH 13 24.93 14.65 15.48 -4.42 -22.2 SunOpta STKL dd 11.67 4.22 8.44 1.49 21.4

.
LivaNova LIVN dd 88.00 41.82 55.54 -31.89 -36.5 NeoGames NGMS dd 30.77 10.69 12.19 -15.59 -56.1 Perma-PipeIntl PPIH 14 15.70 7.50 9.45 0.77 8.9 RxSight RXST dd 16.99 8.80 12.67 1.42 12.6 SunPower SPWR 57 28.42 12.78 18.03 -2.84 -13.6
LivePerson LPSN dd 35.96 7.96 10.14 -25.58 -71.6 Neogen NEOG 45 45.60 10.49 15.23 -30.18 -66.5 Personalis PSNL dd 14.56 1.73 1.98 -12.29 -86.1 Ryanair RYAAY 16 125.75 55.90 74.76 -27.57 -26.9 SunRun RUN 83 39.13 16.80 24.02 -10.28 -30.0

ly
LiveVox LVOX dd 5.45 1.40 2.97 -2.18 -42.3 NeoleukinTherap NLTX dd 5.35 0.38 0.51 -4.31 -89.4 PetcoHealth WOOF 29 22.75 8.72 9.48 -10.31 -52.1 SuperMicroComp SMCI 10 95.22 34.11 82.10 38.15 86.8
LiveVoxUn
LiveVoxWt LVOXW
LVOXU ... 5.61
... 0.89
1.32 3.39 -1.95
0.10 0.32 -0.29
-36.5
-47.4
NerdWallet NRDS dd 16.61 7.07 9.60 -5.95 -38.3 PetIQ
PetMedExpress PETS
PETQ dd 25.40
23 29.53
6.66 9.22 -13.49
17.08 17.70 -7.56
-59.4
-29.9
S SuperiorGroup SGC
SupernusPharms SUPN
dd 22.70
56 38.40
8.52
24.95
10.06 -11.88
35.67 6.51
-54.1
22.3
NetApp NTAP 9 96.82 58.08 60.06 -31.93 -34.7
LixiangEduc LXEH ... 9.95 1.82 2.80 -7.14 -71.8 NetEase NTES 14 108.77 53.09 72.63 -29.15 -28.6 Pharming PHAR 26 13.63 6.10 11.03 2.09 23.4 S&T Bancorp STBA 11 38.39 26.51 34.18 2.66 8.4 SurfaceOncol SURF dd 5.16 0.60 0.82 -3.96 -82.8
Lizhi LIZI 3 2.34 0.38 0.63 -1.22 -65.9 Netflix NFLX 26 609.99 162.71 294.88-307.56 -51.1 Pharvaris PHVS ... 27.50 1.77 11.25 -3.14 -21.8 SBA Comm SBAC 75 389.02 236.20 280.31 -108.71 -27.9 Surgalign SRGA dd 32.40 1.34 1.99 -19.50 -90.7
LogisticsInnovA LITT 29 9.97 9.61 9.95 0.27 2.8 NTGR PhathomPharm PHAT dd 20.30 6.09 11.22 -8.45 -43.0 SCYNEXIS SCYX dd 6.77 1.42 1.56 -4.54 -74.4 SurgeryPartners SGRY dd 63.87 20.46 27.86 -25.55 -47.8
LogisticsInnovTech LITTU
LogisticsInnovWt LITTW
LogitechIntl LOGI
LongboardPharm LBPH
LoopIndustries LOOP
LordstownMotors RIDE
... 10.00
... 0.99
21 87.57
dd 6.47
dd 12.84
dd 3.84
9.60 9.94 -0.06
0.03 0.04 -0.82
41.81 62.25 -20.23
2.70 3.26 -1.62
2.05 2.39 -9.88
1.01 1.14 -2.31
-0.6
-95.3
-24.5
-33.2
-80.5
-67.0
Netgear
NetScout
Neurocrine
Neuronetics STIM
NeuroPace
NewFortressEner NFE
NTCT
NBIX

NPCE
on
dd 31.00
48 38.02
cc 129.29
dd 6.92
dd 12.06
32 63.06
17.40 18.11 -11.10
28.69 32.51 -0.57
71.88 119.44 34.27
1.98 6.87 2.41
1.22 1.49 -8.59
19.17 42.42 18.28
-38.0
-1.7
40.2
54.0
-85.2
75.7
PhibroAnimal PAHC
PhillipsEdison PECO
PhoenixBiotech PBAXU
PhoenixBiotech PBAX
PhoenixBiotechWt PBAXW
Photronics PLAB
12 22.16
cc 36.35
... 10.60
dd 11.76
... 0.48
9 25.81
11.75 13.41 -7.01
27.07 31.84 -1.20
9.94 10.31 0.22
9.90 10.27 0.36
0.01 0.04 -0.38
13.87 16.83 -2.02
-34.3
-3.6

-89.7
2.2
3.6

-10.7
SEI Investments SEIC
n ShuaaPtrsI Wt SHUAW
n ShuaaPtrsI
n ShuaaPtrsI A SHUA
SI-BONE
SIGA Tech
SHUAU

SIBN
SIGA
16 64.29
... 0.26
... 10.63
dd 10.35
dd 23.71
5 26.99
46.30 58.30 -2.64
0.01 0.09
9.98 10.23
9.93 10.35
11.14 13.60 -8.61
5.84 7.36 -0.16
...
...
...
-4.3

-38.8
...
...
...

-2.1
Surmodics
SutroBioph STRO

n SwiftmergeA IVCP
n SwiftmergeWt IVCPW
Swvl
SRDX

SwiftmergeAcqn IVCPU

SWVL
dd 50.85
dd 15.67
... 10.20
dd 11.37
... 0.44
dd 11.40
28.27
3.33
9.03
9.67
0.03
0.08
34.12 -14.03
8.08 -6.80
10.10 0.15
10.13
0.07
0.14 -9.76
...
...
-29.1
-45.7
1.5

-98.6
...
...
NewProvidenceII NPABU ... 11.06 9.83 9.93 -0.11 -1.1
Lottery.com LTRY dd 6.60 0.15 0.18 -6.19 -97.2 PilgrimPride PPC 6 34.66 20.23 23.73 -4.47 -15.9 n SKGrowthOpps SKGRU ... 11.12 9.91 10.17 ... ... SwvlWt SWVLW ... 0.95 0.01 0.02 -0.62 -96.9
us ,

NewProvidenceII A NPAB dd 10.74 9.77 10.17 0.62 6.5

Lottery.comWt LTRYW ... 1.32 0.01 0.01 -1.18 -98.9 NewProvidenceII Wt NPABW ... 0.76 0.01 0.10 -0.45 -81.8 Pinduoduo PDD 27 93.16 23.21 81.55 23.25 39.9 n SKGrowthOppsA SKGR cc 12.50 9.87 10.18 ... ... Symbotic SYM dd 28.48 8.75 11.94 1.94 19.4
LOVE 11 69.61 17.60 22.01 -44.25 -66.8 PinnacleFinPtrs PNFP 10 111.31 67.86 73.40 -22.10 -23.1 n SKGrowthOppsWt SKGRW SYNA 14 294.70 81.13 95.16 -194.35 -67.1
l

Lovesac NY Mortgage NYMT dd 3.88 2.07 2.56 -1.16 -31.2 ... 0.76 0.07 0.10 ... ... Synaptics
LoyaltyVentures LYLT dd 34.17 0.71 2.41 -27.66 -92.0 NewcourtAcqn NCACU ... 10.53 9.78 10.21 0.09 0.9 PintecTech PT dd 7.10 0.25 0.41 -1.80 -81.5 SLM SLM 5 20.88 13.72 16.60 -3.07 -15.6 Synchronoss SNCR dd 2.63 0.51 0.62 -1.82 -74.7
e
LUCD PXLW SMART Global SGH SyndaxPharm SNDX
al a

LucidDiag dd 5.53 1.15 1.36 -4.01 -74.7 NewcourtAcqnA NCAC 23 10.55 9.87 10.28 0.37 3.7 Pixelworks dd 4.92 1.34 1.77 -2.63 -59.8 cc 37.25 12.04 14.88 -20.61 -58.1 cc 26.51 13.27 25.45 3.56 16.3
Lucid LCID dd 47.59 6.18 6.83 -31.22 -82.0 NewcourtAcqnWt NCACW ... 0.50 ... 0.05 -0.44 -90.2 PlainsAllAmPipe PAA 8 12.75 9.10 11.76 2.42 25.9 SPI Energy SPI dd 4.35 0.73 0.86 -2.75 -76.2 SyneosHealth SYNH 13 102.67 22.89 36.68 -66.00 -64.3
LuciraHealth LHDX dd 9.30 0.11 0.11 -8.50 -98.7 NewellBrands NWL 10 26.45 12.24 13.08 -8.76 -40.1 PlainsGP PAGP 12 13.41 9.38 12.44 2.30 22.7 SP Plus SP 15 37.52 26.11 34.72 6.50 23.0 Synlogic SYBX dd 2.65 0.55 0.76 -1.66 -68.6
Lulu'sFashion LVLU dd 21.29 2.16 2.51 -7.72 -75.5 NewHoldInvtII NHICU ... 12.17 9.70 10.60 0.59 5.9 PlayaHotels PLYA 15 9.81 5.34 6.53 -1.45 -18.2 SPS Commerce SPSC 91 146.81 96.41 128.43 -13.92 -9.8 Synopsys SNPS 51 391.17 255.02 319.29 -49.21 -13.4
ci on

lululemon LULU 35 410.70 251.51 320.38 -71.07 -18.2 NewHoldInvtIIA NHIC dd 11.20 9.70 9.95 0.25 2.6 Playstudios MYPS dd 6.60 3.24 3.88 -0.07 -1.8 SRAX SRAX ... 5.50 1.15 1.53 -2.96 -65.9 SyprisSolutions SYPR dd 3.56 1.71 2.05 -0.41 -16.7
Lumentum LITE 33 108.90 48.73 52.17 -53.60 -50.7 NewHoldInvtIIWt NHICW ... 0.63 0.02 0.18 -0.32 -64.3 PlaystudiosWt MYPSW ... 1.24 0.35 0.40 -0.19 -32.5 SS&C Tech SSNC 20 84.85 45.25 52.06 -29.92 -36.5 SyrosPharm SYRS dd 38.50 3.02 3.59 -29.01 -89.0
LuminarTech LAZR dd 18.16 4.72 4.95 -11.96 -70.7 NMRK Playtika PLTK 12 21.45 7.81 8.51 -8.78 -50.8 SSR Mining SSRM 16 24.58 12.84 15.67 -2.03 -11.5
LumiraDx
LumiraDxWt LMDXW
LMDX dd 10.42
... 1.83
0.77 0.90 -8.01
0.04 0.06 -1.75
-89.9
-96.7
Newmark
NewsCorp A NWSA
7 19.10
23 23.73
7.42 7.97 -10.73
14.87 18.20 -4.11
-57.4
-18.4 Plexus
PliantTherap PLRX
PLXS 21 112.20
dd 26.25
72.88 102.93 7.04
3.96 19.33 5.83
7.3
43.2
SVB Fin SIVB
SabraHealthcare SBRA
9 752.68
dd 16.60
198.10 230.14-448.10
11.44 12.43 -1.11
-66.1
-8.2
T
NewsCorp B NWS 23 24.16 15.15 18.44 -4.06 -18.0
LumosPharma LUMO dd 10.27 2.95 3.61 -3.32 -47.9 NewtekBusSvcs NEWT ... 28.70 14.75 16.25 -11.38 -41.2 PolestarAuto PSNY dd 13.36 4.00 5.31 -6.39 -54.6 Sabre SABR dd 12.08 4.46 6.18 -2.41 -28.1 TCR2 Therap TCRR dd 4.87 0.82 1.00 -3.66 -78.6
LutherBurbank LBC 6 14.70 10.99 11.11 -2.93 -20.9
NexImmune NEXI dd 4.91 0.19 0.24 -4.37 -94.7
PolestarAutoWt PSNYW ... 4.17 0.54 1.12 -2.72 -70.8 SafetyInsurance SAFT 23 99.75 76.78 84.26 -0.77 -0.9 TelaBio TELA dd 13.70 5.15 11.50 -1.30 -10.2
LyellImmuno LYEL dd 8.74 2.74 3.47 -4.27 -55.2
NexstarMedia NXST 7 204.62 148.10 175.03 24.05 15.9
PolyPid PYPD dd 6.90 0.65 0.70 -5.04 -87.8 SagaComm SGA 17 29.75 21.50 23.60 -0.58 -2.4 TFF Pharm TFFP dd 9.39 0.81 1.05 -7.82 -88.2
Lyft LYFT dd 46.64 9.66 11.02 -31.71 -74.2 PonceFinl PDLB dd 11.16 9.04 9.32 -1.07 -10.3 SagaliamAcqn SAGAU ... 11.74 9.90 10.77 0.74 7.4 TFSL 55 18.43 12.45 14.41 -3.46 -19.4
er s

NextCure NXTC dd 6.48 1.16 1.41 -4.59 -76.5 TFS Fin

LyraTherap LYRA dd 8.18 2.35 3.14 -1.22 -28.0
Nexters GDEV 12 9.00 6.20 6.38 -1.68 -20.8
n PonoCapTwoA PTWO ... 10.61 9.95 10.20 ... ...n SagaliamAcqnA SAGA dd 10.99 9.60 10.28 ... ... TGVentureAcqn TGVC dd 10.42 9.78 10.15 0.33 3.4
GDEVW n PonoCapitalTwoUn PTWOU ... 10.63 9.99 10.55 ... ...n SagaliamAcqnRt SAGAR ... 0.40 0.01 0.12 ... ... TGVentureAcqn TGVCU ... 10.23 9.85 10.19 -0.06 -0.6
M NextersWt
NextGenHlthcr NXGN
... 0.99
63 21.99
0.51 0.71 -0.06
16.13 18.78 0.99
-7.7
5.6
n PonoCapTwoWt PTWOW
POOL
... 0.60 0.03 0.06 ... ... SageTherap SAGE dd 45.74 27.36 38.14 -4.40 -10.3 TGVentureAcqnWt TGVCW ... 0.49 0.01 0.06 -0.37 -86.0
m er

NicholasFin NICK dd 11.93 5.23 6.30 -5.49 -46.6

Pool 16 566.00 278.10 302.33 -263.67 -46.6 Saia SAIA 16 342.99 168.03 209.68 -127.35 -37.8 TKBCritTech1 USCTU ... 11.80 10.01 10.28 0.09 0.9
Macom Tech MTSI 10 80.00 42.85 62.98 -15.32 -19.6 PopCulture CPOP 7 3.72 0.72 0.78 -2.85 -78.5 SalemMedia SALM 2 4.19 1.00 1.05 -2.01 -65.7 TKBCriticalTech1 USCT 16 11.04 9.88 10.30 0.39 3.9
Nikola NKLA dd 11.87 2.01 2.16 -7.71 -78.1
MeliKaszek MEKA 5 12.40 9.82 9.98 -1.58 -13.7 Popular BPOP 5 99.48 62.55 66.32 -15.72 -19.2 SanaBiotech SANA dd 16.04 3.15 3.95 -11.53 -74.5 TKBCriticalTech1Wt USCTW ... 0.50 ... 0.02 -0.46 -95.5
9F JFU dd 1.23 0.16 0.17 -0.93 -84.1
MGE Energy MGEE 25 86.27 61.67 70.40 -11.85 -14.4 Portillo's PTLO dd 40.47 14.84 16.32 -21.22 -56.5 SandySpringBncp SASR 9 52.04 32.33 35.23 -12.85 -26.7 TLGY Acqn TLGYU ... 10.23 9.99 10.23 0.17 1.7
908Devices MASS dd 26.63 6.87 7.62 -18.25 -70.5
MGP Ingredients MGPI 20 125.74 73.02 106.38 21.39 25.2 PoseidaTherap PSTX dd 7.20 1.82 5.30 -1.51 -22.2 Sanfilippo JBSS 16 92.10 67.02 81.32 -8.84 -9.8 n TLGY Acqn A TLGY 27 10.50 9.67 10.26 ... ...
NiuTech NIU 79 16.84 2.57 5.23 -10.88 -67.5
MindTech MIND dd 1.75 0.37 0.46 -1.23 -72.8 Poshmark POSH dd 17.92 8.97 17.88 0.85 5.0 SangamoTherap SGMO dd 7.99 2.72 3.14 -4.36 -58.1 n TLGY Acqn Wt TLGYW ... 0.36 ... 0.02 ... ...
Nkarta NKTX dd 20.35 5.07 5.99 -9.36 -61.0
MKS Instrum MKSI 11 181.03 64.77 84.73 -89.44 -51.4 Potbelly PBPB dd 7.14 4.31 5.57 -0.01 -0.2 SangomaTechs SANG dd 18.80 3.67 4.85 -12.02 -71.2 TMCthemetals TMC dd 3.34 0.51 0.77 -1.31 -63.0
LASR
m rp

nLIGHT dd 25.98 8.22 10.14 -13.81 -57.7

MSP Recovery MSPR dd 11.70 0.91 1.60 -8.36 -83.9 PotlatchDelt PCH 8 60.70 39.10 43.99 -16.23 -27.0 Sanmina SANM 14 69.28 35.36 57.29 15.83 38.2 TMCtheMtlsWt TMCWW ... 0.74 0.04 0.08 -0.19 -70.4
Nogin NOGN dd 11.51 0.41 0.77 -9.09 -92.2
n MSP Recovery Wt MSPRW ... 0.20 0.01 0.03 ... ... PowellIndustries POWL 31 38.14 18.81 35.18 5.69 19.3 Sanofi SNY 16 58.10 36.91 48.43 -1.67 -3.3 T-MobileUS TMUS cc 154.38 101.51 140.00 24.02 20.7
Noodles NDLS dd 9.63 4.25 5.49 -3.58 -39.5
MSP Recovery Wt MSPRZ ... 3.00 0.26 1.50 0.96 177.8 Power&Digital II XPDBU ... 10.32 9.88 10.07 -0.11 -1.1 SapiensInt SPNS 19 35.66 16.18 18.48 -15.97 -46.4 n TPG TPG 6 44.43 23.09 27.83 ... ...
Nordson NDSN 27 256.13 194.89 237.72 -17.55 -6.9
n Pwr&Digital II A XPDB
MYR Group MYRG 20 112.11 74.77 92.07 -18.48 -16.7 NortheastBank NBN 8 48.50 33.09 42.10 6.37 17.8
dd 10.47 9.70 10.07 ... ... SarcosTech&Robotic STRC dd 9.99 0.51 0.56 -9.42 -94.4 TPIComposites TPIC dd 25.05 8.46 10.14 -4.82 -32.2
Macatawa MCBC 13 11.84 8.38 11.03 2.21 25.1 n Pwr&Digital II Wt XPDBW ... 0.70 0.04 0.07 ... ... SarcosTechRobotWt STRCW ... 2.00 0.04 0.04 -1.99 -98.1 TRowePrice TROW 13 198.87 93.53 109.06 -87.58 -44.5
NorthernTechsIntl NTIC 20 15.83 9.05 13.31 -1.99 -13.0
PowerIntegrations POWI
Macrogenics MGNX dd 17.20 2.13 6.71 -9.34 -58.2 NorthernTrust NTRS 12 135.15 76.15 88.49 -31.12 -26.0
22 98.92 59.16 71.72 -21.17 -22.8 SareptaTherap SRPT dd 134.08 61.28 129.58 39.53 43.9 TTEC TTEC 19 92.52 39.50 44.13 -46.42 -51.3
MadrigalPharm MDGL dd 315.45 52.33 290.25 205.51 242.5 PowerFleet PWFL dd 5.07 2.06 2.69 -2.05 -43.2 SatsumaPharm STSA dd 8.08 0.59 0.90 -3.60 -80.0 TTM Tech TTMI 16 17.48 9.76 15.08 0.18 1.2
NorthfieldBanc NFBK 12 17.37 11.87 15.73 -0.43 -2.7
n PowerUpAcqn PWUPU
MagentaTherap MGTA dd 5.49 0.32 0.40 -4.04 -91.1 NorthrimBanCorp NRIM 11 56.77 38.42 54.57 11.11 25.6
... 11.22 9.98 10.30 ... ... Savara SVRA dd 1.91 1.02 1.55 0.31 25.0 Taboola TBLA dd 7.90 1.52 3.08 -4.70 -60.4
MagicSoftware MGIC 25 21.67 14.01 16.02 -4.91 -23.4 n PowerUpAcqn PWUP cc 10.60 9.94 10.30 ... ... ScanSource SCSC 8 41.01 25.75 29.22 -5.86 -16.7 TaboolaWt TBLAW ... 1.60 0.14 0.49 -1.08 -68.8
co Fo

n NorthViewAcqn NVAC 35 10.15 9.69 10.13 ... ...

n PowerUpAcqnWt PWUPW
Magnite MGNI dd 18.22 5.58 10.59 -6.91 -39.5 n NorthViewRt NVACR ... 0.25 0.06 0.17 ... ...
... 0.63 0.02 0.08 ... ... SchnitzerSteel SCHN 5 59.70 25.96 30.65 -21.27 -41.0 TabulaRasaHlth TRHC dd 16.42 2.09 4.95 -10.05 -67.0
MagyarBancorp MGYR 12 13.45 11.32 12.82 0.55 4.4 PraxisPrecision PRAX dd 20.60 1.48 2.38 -17.32 -87.9 ScholarRock SRRK dd 25.69 4.33 9.05 -15.79 -63.6 TactileSystems TCMD dd 21.62 6.28 11.48 -7.55 -39.7
n NorthViewWt NVACW ... 0.30 0.01 0.05 ... ... PGEN
MakeMyTrip MMYT dd 34.68 20.06 27.57 -0.14 -0.5 NorthwestBcshs NWBI 14 15.35 12.04 13.98 -0.18 -1.3
Precigen dd 3.99 1.12 1.52 -2.19 -59.0 Scholastic SCHL 22 48.28 28.21 39.46 -0.50 -1.3 TakeTwoSoftware TTWO dd 182.25 90.00 104.13 -73.59 -41.4
MalibuBoats MBUU 7 72.47 46.30 53.30 -15.43 -22.5 PrecisionBio DTIL dd 7.85 0.95 1.19 -6.21 -83.9 Schrodinger SDGR dd 37.25 15.85 18.69 -16.14 -46.3 TalarisTherap TALS dd 16.63 0.89 1.02 -14.27 -93.3
NorthwestPipe NWPX 13 37.62 24.30 33.70 1.90 6.0 PreferredBankLA PFBC
MalvernBancorp MLVF 19 18.00 14.11 17.75 2.08 13.3
Northwestern NWE 19 63.06 48.68 59.34 2.18 3.8
10 81.97 64.10 74.62 2.83 3.9 SchultzeSpacII SAMAU ... 10.10 9.85 10.08 -0.11 -1.1 TalisBiomed TLIS dd 4.34 0.42 0.45 -3.56 -88.9
MammothEnergy TUSK dd 8.79 1.35 8.65 6.83 375.3 PreformedLine PLPC 9 96.00 54.97 83.29 18.59 28.7 SchultzeSpecII A SAMA dd 10.11 9.71 10.10 0.26 2.6 Talkspace TALK dd 2.13 0.52 0.61 -1.36 -69.0
NorwoodFin NWFL 10 34.75 23.00 33.44 7.45 28.7 PreludeTherap PRLD
ManhattanAssoc MANH 69 155.81 106.02 121.40 -34.09 -21.9
Nova NVMI 20 149.15 67.40 81.68 -64.82 -44.2
dd 13.40 3.87 6.04 -6.41 -51.5 SchultzeSpecIIWt SAMAW ... 0.59 0.01 0.01 -0.50 -97.8 TalkspaceWt TALKW ... 0.41 0.05 0.07 -0.16 -68.6
Mannatech MTEX 8 39.65 15.49 17.90 -20.42 -53.3 PremierFinl PFC 10 32.88 24.35 26.97 -3.94 -12.7 Science37 SNCE dd 13.46 0.32 0.42 -12.05 -96.7 Talon1Acqn TOACU ... 10.29 10.00 10.29 0.20 2.0
Novanta NOVT 67 177.11 110.84 135.87 -40.46 -22.9 PINC
MannKind MNKD dd 5.46 2.49 5.27 0.90 20.6
Novavax NVAX dd 145.20 8.75 10.28 -132.79 -92.8
Premier 23 41.42 30.82 34.98 -6.19 -15.0 SciPlay SCPL 23 16.20 10.60 16.08 2.30 16.7 Talon1AcqnA TOAC 34 10.39 9.87 10.37 ... ...
MaravaiLifeSci MRVI 8 41.87 12.16 14.31 -27.59 -65.8 Prenetics PRE dd 8.75 1.24 2.00 -5.68 -74.0 scPharm SCPH dd 7.96 3.68 7.17 2.15 42.8 Talon1AcqnWt TOACW ... 0.49 0.01 0.02 ... ...
Novocure NVCR dd 90.98 56.39 73.35 -1.73 -2.3 PrestoAutomation PRST
MarblegateAcqn GATEU ... 10.20 9.84 10.09 0.04 0.4 3 10.70 1.61 2.29 -7.72 -77.1 n ScreamingEagle SCRMU ... 10.51 9.63 10.02 ... ... TandemDiabetes TNDM dd 150.64 33.52 44.95 -105.57 -70.1
n Novonix NVX dd 24.00 3.83 4.10 ... ... PrestoAutoWt PRSTW
MarblegateAcqn GATE cc 10.29 9.76 10.02 0.25 2.6 ... 0.55 0.04 0.04 -0.43 -91.1 n ScreamingEagleA SCRM 54 10.35 9.45 9.94 ... ... TangoTherap TNGX dd 11.00 3.18 7.25 -3.69 -33.7
n NubiaBrand NUBIU ... 10.76 9.94 10.76 ... ... PriceSmart PSMT
MarblegateAcqnWt GATEW ... 0.52 0.02 0.04 -0.45 -91.9 18 88.30 56.29 60.78 -12.39 -16.9 n ScreamingEagleWt SCRMW ... 0.80 0.17 0.24 ... ... TarenaIntl TEDU dd 8.25 1.61 4.67 2.83 153.8
n NubiaBrandA NUBI dd 10.20 9.94 10.15 ... ... n PrimeMedicine PRME
Marchex MCHX dd 2.66 1.23 1.60 -0.88 -35.5 dd 21.73 14.52 18.58 ... ... ScrippsEW SSP 11 23.61 9.90 13.19 -6.16 -31.8 TargetGlbl I TGAAU ... 10.31 9.00 10.27 0.31 3.1
n NubiaBrandWt NUBIW ... 0.20 0.01 0.08 ... ... n PrimeNumberI PNACU
MarinSoftware MRIN dd 5.00 0.91 1.00 -2.71 -73.0 ... 11.50 9.93 10.25 ... ... SeacoastBkgFL SBCF 16 39.31 29.05 31.19 -4.20 -11.9 n TargetGlbl I A TGAA cc 10.25 9.73 10.24 ... ...
NuCana NCNA dd 3.32 0.52 0.66 -1.72 -72.3 n PrimeNumberI A PNAC
MarinusPharma MRNS dd 13.15 3.46 3.98 -7.90 -66.5 dd 10.52 9.88 10.16 ... ... Seagate STX 10 117.67 47.47 52.61 -60.37 -53.4 n TargetGlbl I Wt TGAAW ... 0.69 0.01 0.13 ... ...
NurixTherap NRIX dd 30.52 7.52 10.98 -17.97 -62.1 n PrimeNumberI Rt PNACR
MarketAxess MKTX 43 412.79 217.44 278.89 -132.38 -32.2 ... 0.25 0.08 0.18 ... ... Seagen SGEN dd 183.00 105.43 128.51 -26.09 -16.9 TarsusPharm TARS dd 24.89 10.80 14.66 -7.84 -34.8
Nutanix NTNX dd 33.73 13.44 26.05 -5.81 -18.2 n PrimeNumberI Wt PNACW
MarketWise MKTW 3 7.54 1.52 1.68 -5.86 -77.7 ... 0.40 0.03 0.07 ... ... SeaportCalibre SCMAU ... 10.23 9.85 10.23 0.20 2.0 TaskUs TASK 38 55.92 13.60 16.90 -37.06 -68.7
Nuvalent NUVL dd 40.43 7.09 29.78 10.74 56.4 FRST
Marqeta MQ dd 18.13 5.64 6.11 -11.06 -64.4 PrimisFinl 13 16.15 11.66 11.85 -3.19 -21.2 SeaportCalibre SCMA 28 10.23 9.81 10.23 0.51 5.2 TatTechnologies TATT dd 6.99 5.17 5.30 -1.01 -16.0
MAR 23 195.90 131.01 148.89 -16.35 -9.9
Nuvasive NUVA dd 60.47 35.17 41.24 -11.24 -21.4 PrimorisSvcs PRIM 10 27.94 15.90 21.94 -2.04 -8.5 SeaportCalibreWt SCMAW ... 0.55 ... 0.04 -0.46 -92.9 TayshaGene TSHA dd 12.17 1.35 2.26 -9.39 -80.6
n-

Marriott
MartenTransport MRTN 15 23.43 15.76 19.78 2.62 15.3
Nuvei NVEI 62 79.13 23.71 25.41 -39.57 -60.9 PrincipalFin PFG 4 96.17 61.05 83.92 11.59 16.0 SeaportGlblAcqnII SGIIU ... 10.62 9.20 10.17 0.12 1.2 n Tech&Telecom TETEU ... 11.11 9.99 10.40 ... ...
MartinMidstream MMLP cc 5.98 2.57 3.00 0.34 12.8
NVIDIA NVDA 62 307.11 108.13 146.14 -147.97 -50.3 PriviaHealth PRVA dd 44.64 17.99 22.71 -3.16 -12.2 SeaportGlblAcqnII SGII 23 10.20 9.80 10.19 0.31 3.1 n Tech&TelecomA TETE cc 10.96 9.89 10.29 ... ...
MarvellTech MRVL dd 91.78 35.09 37.04 -50.45 -57.7
Nyxoah NYXH dd 23.05 4.70 4.99 -18.01 -78.3 Procaps PROC dd 10.20 4.45 5.25 -4.50 -46.2 SeaportGlbAcqnIIWt SGIIW ... 0.60 ... 0.01 -0.49 -98.0 n Tech&TelecomWt TETEW ... 0.26 0.02 0.03 ... ...
MASI ProcapsWt PROCW ... 0.95 0.31 0.46 -0.34 -42.0 SPNE TechTarget TTGT
Masimo
MasterCraftBoat MCFT
49 291.15 108.89 147.95-144.83
9 29.69 18.49 25.87 -2.46
-49.5
-8.7 O ProfessionalHldg PFHD 18 31.25 18.67 27.74 8.58 44.8
SeaSpine
SecureWorks SCWX
dd 14.26
dd 17.20
5.48 8.35 -5.27
5.28 6.39 -9.58
-38.7
-60.0 Ericsson ERIC
89 97.85
8 12.78
41.79 44.06 -51.60
5.16 5.84 -5.03
-53.9
-46.3
MatchGroup MTCH cc 136.99 38.64 41.49 -90.76 -68.6 n ProFrac ACDC dd 27.00 13.18 25.20 ... ... SecurityNatFin SNFCA 16 9.49 5.77 7.30 -1.04 -12.5 Telesat TSAT ... 30.98 6.00 7.50 -21.17 -73.8
ODP
no

Materialise MTLS 65 24.84 8.36 8.80 -15.07 -63.1 ODP dd 49.12 28.85 45.54 6.26 15.9 n ProFracWt ACDCW ... 0.21 ... 0.03 ... ... Seer SEER dd 23.75 4.86 5.80 -17.01 -74.6 Telos TLS dd 16.15 3.35 5.09 -10.33 -67.0
MatrixService MTRX dd 9.14 3.31 6.22 -1.30 -17.3 OP Bancorp OPBK 5 14.86 10.25 11.16 -1.60 -12.5 ProgressSoftware PRGS 26 54.23 40.33 50.45 2.18 4.5 SelectaBiosci SELB 3 3.35 0.65 1.13 -2.13 -65.3 TempoAutomation TMPO dd 15.15 0.73 0.78 -9.18 -92.1
Mattel MAT 11 26.99 16.21 17.84 -3.72 -17.3 OPKO Health OPK dd 4.96 1.03 1.25 -3.56 -74.0 Progyny PGNY 74 53.10 25.67 31.15 -19.20 -38.1 SelectiveIns SIGI 24 98.80 66.81 88.61 6.67 8.1 TempoAutoWt TMPOW ... 0.88 0.03 0.06 -0.62 -91.3
Matterport MTTR dd 21.20 2.37 2.80 -17.84 -86.4 OPYAcqnIWt OHAAW ... 0.57 0.01 0.05 -0.64 -92.7 ProjectEnReimag PEGR 20 10.11 9.22 10.07 0.17 1.7 SelinaHosp SLNA 9 49.49 2.50 2.71 -7.12 -72.4 10xGenomics TXG dd 150.00 23.81 36.44 -112.52 -75.5
MatthewsIntl MATW dd 37.97 22.12 30.44 -6.23 -17.0 OPYAcqnI OHAAU ... 10.07 9.60 10.00 ... ... ProjectEnReimagUn PEGRU ... 10.32 9.65 10.01 -0.62 -5.8 Sema4 SMFR dd 4.67 0.22 0.26 -4.20 -94.1 Tenable TENB dd 63.61 28.80 38.15 -16.92 -30.7
MaxCyte MXCT dd 10.88 3.36 5.46 -4.73 -46.4 OPYAcqnIA OHAA dd 11.02 9.72 10.02 0.15 1.5 ProjectEnReimagWt PEGRW ... 0.76 0.03 0.04 -0.52 -92.9 Sema4Wt SMFRW ... 1.03 0.01 0.02 -0.96 -98.1 TenayaTherap TNYA dd 19.45 1.64 2.01 -16.94 -89.4
MaxeonSolar MAXN dd 27.99 7.48 16.06 2.16 15.5 OReillyAuto ORLY 26 870.92 562.90 844.03 137.80 19.5 PrometheusBio RXDX dd 117.73 21.50 110.00 70.46 178.2 Semantix STIX dd 11.34 0.55 0.88 -8.98 -91.1 n TenXKeaneAcqn TENKU ... 12.40 10.03 10.33 ... ...
MaxLinear MXL 22 77.57 29.27 33.95 -41.44 -55.0 OSI Systems OSIS 13 103.17 69.31 79.52 -13.68 -14.7 ProSomnus OSA dd 11.30 4.57 5.56 -4.30 -43.6 SemperParatus LGSTU ... 10.33 9.99 10.33 0.26 2.6 n TenXKeaneAcqn TENK ... 10.30 10.09 10.16 ... ...
MaxproCapitalAcqn JMACU ... 10.55 9.99 10.27 -0.06 -0.6 O2MicroIntl OIIM 47 4.90 2.85 4.47 -0.06 -1.3 ProtagonistTherap PTGX dd 37.05 6.91 10.91 -23.29 -68.1 n SemperParatusA LGST cc 10.38 9.75 10.33 ... ... n TenXKeaneAcqnRt TENKR ... 0.21 0.10 0.20 ... ...
MaxproCapA JMAC dd 10.50 9.89 10.36 0.43 4.3 Oatly OTLY dd 8.44 1.28 1.74 -6.22 -78.1 ProtaraTherap TARA dd 7.15 2.38 2.68 -4.07 -60.3 n SemperParatusWt LGSTW ... 0.51 ... 0.01 ... ... Teradyne TER 20 167.69 67.81 87.35 -76.18 -46.6
MaxproCapWt JMACW ... 0.39 0.03 0.06 -0.34 -86.2 ObsEva OBSV dd 2.20 0.13 0.14 -1.84 -92.7 Proterra PTRA dd 10.90 3.51 3.77 -5.06 -57.3 Semtech SMTC 13 92.14 25.29 28.69 -60.24 -67.7 TernsPharm TERN dd 10.25 1.45 10.18 3.11 44.0
McGrathRent MGRC 23 100.30 71.17 98.74 18.48 23.0 OceanFirstFin OCFC 11 24.25 18.24 21.25 -0.95 -4.3 Prothena PRTA dd 66.47 21.06 60.25 10.85 22.0 SenecaFoods A SENEA 11 68.74 44.19 60.95 13.00 27.1 TerritorialBncp TBNK 13 25.98 17.93 24.01 -1.24 -4.9
McLarenTech MLAIU ... 10.69 9.91 10.20 0.15 1.5 OcularTherapeutix OCUL dd 7.38 2.57 2.81 -4.16 -59.7 ProventionBio PRVB dd 10.62 3.19 10.57 4.95 88.1 SenecaFoods B SENEB 11 69.83 47.11 60.53 13.43 28.5 Tesla TSLA 38 402.67 108.24 123.18-229.08 -65.0
McLarenTechA MLAI dd 10.55 9.85 10.21 0.29 2.9 OfficePropIncm OPI cc 28.25 12.17 13.35 -11.49 -46.3 ProvidentFin PROV 12 17.37 13.29 13.77 -2.76 -16.7 SenseiBiotherap SNSE dd 6.17 1.30 1.49 -4.31 -74.3 TesscoTech TESS 64 6.88 4.03 4.90 -1.41 -22.3
McLarenTechWt MLAIW ... 0.74 0.01 0.03 -0.47 -95.0 OhioValleyBanc OVBC 10 32.49 22.68 26.42 -3.23 -10.9 PubMatic PUBM 16 34.75 12.19 12.81 -21.24 -62.4 SenstarTech SNT dd 3.00 1.21 1.26 -1.72 -57.7 TetraTech TTEK 30 176.46 118.55 145.19 -24.61 -14.5
MediciNova MNOV dd 3.18 1.95 2.05 -0.63 -23.5 Okta OKTA dd 226.49 44.12 68.33 -155.84 -69.5 Pulmonx LUNG dd 36.26 4.07 8.43 -23.64 -73.7 SentiBiosciences SNTI dd 10.00 1.20 1.41 -8.45 -85.7 TexasCapBcshs TCBI 19 71.60 48.79 60.31 0.06 0.1
MediWound MDWD dd 23.66 8.05 13.49 -3.03 -18.3 Olaplex OLPX 13 30.30 3.80 5.21 -23.92 -82.1 PumaBiotech PBYI 19 5.16 1.60 4.23 1.19 39.1 SeraPrognostics SERA dd 9.48 1.10 1.26 -5.61 -81.7 TexasInstruments TXN 17 192.10 144.46 165.22 -23.25 -12.3
Medpace MEDP 33 235.72 126.94 212.41 -5.23 -2.4 OldDomFreight ODFL 24 360.00 231.31 283.78 -74.60 -20.8 PureTechHealth PRTC dd 43.57 18.15 31.90 -5.10 -13.8 SeresTherap MCRB dd 9.49 2.50 5.60 -2.73 -32.8 TexasRoadhouse TXRH 24 101.75 68.58 90.95 1.67 1.9
n MeihuaIntlMed MHUA ... 14.94 2.60 8.28 ... ... OldNatlBncp ONB 17 20.81 14.22 17.98 -0.14 -0.8 PurpleInnovation PRPL dd 13.84 2.65 4.79 -8.48 -63.9 ServiceProperties SVC dd 9.94 4.65 7.29 -1.50 -17.1 TheBancorp TBBK 14 32.69 16.59 28.38 3.07 12.1
MeiraGTx MGTX dd 24.33 5.70 6.52 -17.22 -72.5 Old2ndBcp OSBC 23 17.80 12.55 16.04 3.45 27.4 Puyi PUYI dd 8.50 4.10 7.64 0.99 14.9 7Acqn SVNAU ... 10.29 9.97 10.29 0.24 2.4 TherapeuticsMD TXMD dd 30.50 1.99 5.59 -12.19 -68.6
MelcoResorts MLCO dd 12.35 4.06 11.50 1.32 13.0 OlemaPharm OLMA dd 9.68 2.00 2.45 -6.91 -73.8 PyxisOncology PYXS dd 11.50 1.10 1.34 -9.63 -87.8 7AcqnA SVNA 16 10.25 9.84 10.24 0.38 3.9 TheravanceBio TBPH dd 13.17 7.53 11.22 0.17 1.5
MercadoLibre MELI cc1360.77 600.68 846.24-502.16 -37.2 OlinkHolding OLK dd 26.47 8.39 25.38 7.18 39.5 QCR Holdings QCRH 9 62.85 46.83 49.64 -6.36 -11.4 7AcqnWt SVNAW ... 0.90 0.02 0.09 -0.52 -85.3 TheseusPharm THRX dd 15.21 4.01 4.98 -7.70 -60.7
MercantileBank MBWM 10 40.01 29.26 33.48 -1.55 -4.4 Ollie'sBargain OLLI 31 72.27 37.67 46.84 -4.35 -8.5 QIWI QIWI 1 8.35 5.01 5.67 -2.31 -28.9 17Educ&Tech YQ dd 3.78 0.61 2.04 0.79 63.2 ThirdCoastBcshs TCBX 22 26.75 16.35 18.43 -7.55 -29.1
MercatoPtrsAcqn MPRAU ... 10.21 9.61 10.21 0.16 1.6 OlympicSteel ZEUS 3 43.18 19.92 33.58 10.08 42.9 QilianIntl QLI 30 2.76 0.72 0.74 -1.91 -72.1 Sharecare SHCR dd 5.03 1.38 1.60 -2.89 -64.4 n ThirdHarmonic THRD ... 24.59 3.89 4.30 ... ...
MercatoPtrsA MPRA 23 10.50 9.81 10.23 0.43 4.4 OmegaFlex OFLX 38 161.39 77.28 93.32 -33.63 -26.5 Qorvo QRVO 14 163.12 75.38 90.64 -65.75 -42.0 SharecareWt SHCRW ... 0.91 0.11 0.14 -0.48 -77.5 36Kr KRKR 5 2.39 0.50 1.03 -0.02 -2.2
MercatoPtrsWt MPRAW ... 0.60 ... 0.02 -0.58 -97.5 OmegaTherap OMGA dd 14.31 1.98 5.71 -5.62 -49.6 Qualcomm QCOM 10 193.58 101.93 109.94 -72.93 -39.9 ShattuckLabs STTK dd 9.46 1.85 2.30 -6.21 -73.0 ThorneHealthtech THRN 32 7.38 3.41 3.63 -2.58 -41.5
MercerIntl MERC 3 17.50 10.83 11.64 -0.35 -2.9 Omeros OMER dd 7.75 1.74 2.26 -4.17 -64.9 QualtricsIntl XM dd 35.89 9.32 10.38 -25.02 -70.7 ShenandoahTel SHEN dd 26.58 15.63 15.88 -9.62 -37.7 Thoughtworks TWKS dd 27.95 7.61 10.19 -16.62 -62.0
MercurySystems MRCY cc 72.28 40.48 44.74 -10.32 -18.7 OmniAb OABI dd 10.50 1.91 3.60 -6.40 -64.0 Qualys QLYS 44 162.36 107.69 112.23 -24.99 -18.2 ShoalsTech SHLS cc 32.43 9.58 24.67 0.37 1.5 ThredUp TDUP dd 13.86 0.73 1.31 -11.45 -89.7
MereoBioPharma MREO dd 1.85 0.30 0.75 -0.85 -53.1 Omnicell OMCL 50 182.77 46.11 50.42-130.02 -72.1 Quanterix QTRX dd 43.32 6.31 13.85 -28.55 -67.3 ShockwaveMed SWAV 88 320.54 113.36 205.61 27.28 15.3 360DigiTech QFIN 5 23.23 9.47 20.36 -2.57 -11.2
MeridianBiosci VIVO 35 34.38 19.58 33.21 12.81 62.8 OmniLitAcqn OLITU ... 11.09 9.85 9.96 -0.08 -0.8 Quantum QMCO dd 5.75 1.00 1.09 -4.43 -80.3 ShoeCarnival SCVL 6 41.71 19.43 23.91 -15.17 -38.8 ThriveAcqn THACU ... 11.19 9.94 10.35 0.24 2.4
Meridian MRBK 7 39.78 27.87 30.29 -6.48 -17.6 n OmniLitAcqnA OLIT cc 11.55 9.79 10.00 ... ... Quantum-Si QSI dd 8.30 1.72 1.83 -6.04 -76.7 ShoreBancshares SHBI 13 21.41 17.04 17.43 -3.42 -16.4 ThriveAcqnA THAC 22 12.96 9.88 10.30 0.42 4.2
MeritMedical MMSI 66 76.14 50.46 70.62 8.32 13.4 n OmniLitAcqnWt OLITW ... 0.32 0.01 0.03 ... ... Quantum-SiWt QSIAW ... 1.99 0.20 0.25 -1.55 -86.1 Shyft SHYF 23 51.34 17.66 24.86 -24.27 -49.4 ThriveAcqnWt THACW ... 0.44 ... 0.01 -0.49 -98.0
MerrimackPharm MACK dd 13.66 3.00 11.46 7.55 193.1 ON Semi ON 16 77.28 44.76 62.37 -5.55 -8.2 Quhuo QH ... 12.90 1.07 1.20 -9.90 -89.2 Sientra SIEN dd 3.77 0.16 0.20 -3.47 -94.5 ThunderBridgeIV THCPU ... 10.48 9.70 9.95 0.11 1.1
MersanaTherap MRSN dd 8.34 2.68 5.86 -0.36 -5.8 Oncocyte OCX dd 2.26 0.24 0.32 -1.85 -85.2 QuidelOrtho QDEL 5 135.90 66.88 85.67 -49.32 -36.5 SierraBancorp BSRR 9 28.92 19.62 21.24 -5.91 -21.8 ThunderBridgeIV A THCP 68 10.40 9.60 9.94 0.17 1.8
Merus MRUS dd 32.37 12.03 15.47 -16.33 -51.4 Oncorus ONCR dd 5.70 0.23 0.25 -5.02 -95.2 QuinceTherap QNCX dd 13.70 0.54 0.64 -11.98 -94.9 SierraWireless SWIR dd 30.97 13.44 28.99 11.37 64.5 ThunderBridgeIVWt THCPW ... 0.98 0.03 0.19 -0.66 -77.6
MesaAir MESA dd 6.17 1.03 1.53 -4.07 -72.7 1-800-FLOWERS FLWS 83 26.03 5.82 9.56 -13.81 -59.1 QuinStreet QNST dd 18.59 8.28 14.35 -3.84 -21.1 SightSciences SGHT dd 18.40 5.35 12.21 -5.36 -30.5 TilrayBrands TLRY dd 9.08 2.52 2.69 -4.34 -61.7
MesaLab MLAB dd 332.95 114.20 166.21 -161.88 -49.3 1LifeHealthcare ONEM dd 18.43 5.94 16.71 -0.86 -4.9 Quotient QTNT dd 104.20 0.18 0.38 -103.22 -99.6 SigilonTherap SGTX dd 3.11 0.29 0.35 -2.41 -87.3 TimberlandBncp TSBK 12 35.62 24.05 34.13 6.43 23.2
Mesoblast MESO dd 5.09 2.14 2.91 -1.89 -39.4 111 YI dd 4.00 1.37 3.02 -0.48 -13.7 QurateRetailB QRTEB dd 21.93 3.04 5.07 -2.53 -33.3 n SignalHillAcqn SGHLU ... 10.90 9.91 10.22 ... ... TitanMachinery TITN 9 44.35 21.50 39.73 6.04 17.9
MetaPlatforms META 11 343.09 88.09 120.34 -216.01 -64.2 1stdibs.com DIBS dd 12.19 4.77 5.08 -7.43 -59.4 QurateRetailA QRTEA dd 8.16 1.42 1.63 -5.97 -78.6 n SignalHillA SGHL cc 11.02 9.75 10.16 ... ... Torm TRMD 7 31.65 6.17 29.17 21.21 266.5
n MetalSkyStar MSSAU ... 10.25 9.91 9.93 ... ... OneWaterMarine ONEW 3 62.79 27.10 28.60 -32.37 -53.1 Qutoutiao QTT ... 3.35 0.30 0.69 -2.09 -75.2 n SignalHillWt SGHLW ... 0.22 0.01 0.01 ... ... TowerSemi TSEM 21 49.13 31.04 43.20 3.52 8.9
n MetalSkyStar MSSA ... 10.49 9.80 10.18 ... ... Ontrak OTRK dd 6.62 0.34 0.37 -5.92 -94.2 SignatureBank SBNY 6 374.76 110.06 115.22-208.25 -64.4 TowneBank TOWN 12 34.79 26.18 30.84 -0.75 -2.4
n MetalSkyStarRt MSSAR
n MetalSkyStarWt MSSAW
... 0.20 0.06 0.09
... 0.11 0.03 0.03
...
...
...
...
OnyxAcqnIWt ONYXW
OnyxAcqnI ONYXU
... 0.59 0.03 0.04 -0.54
... 11.24 10.00 11.24 1.09
-93.9
10.7
R SilenceTherap SLN
Silicom SILC
... 24.66
18 51.66
7.80 15.25 -8.64
31.30 42.15 -9.45
-36.2
-18.3
TractorSupply TSCO
TradeDesk TTD
24 241.54
dd 93.26
166.49 224.97 -13.63
39.00 44.83 -46.81
-5.7
-51.1
Methanex MEOH 6 56.79 28.73 37.86 -1.69 -4.3 OnyxAcqnIA ONYX cc 10.50 9.87 10.32 0.41 4.1 RaptTherap RAPT dd 40.74 9.86 19.80 -16.93 -46.1 SiliconLab SLAB 79 211.98 109.44 135.67 -70.75 -34.3 Tradeweb TW 50 100.25 51.47 64.93 -35.21 -35.2
MetroCityBkshs MCBS 8 29.26 18.61 21.63 -5.90 -21.4 OpenLending LPRO 9 23.73 6.11 6.75 -15.73 -70.0 RBB Bancorp RBB 7 29.09 19.50 20.85 -5.35 -20.4 SiliconMotion SIMO 11 98.65 51.82 64.99 -30.04 -31.6 TransActTechs TACT dd 11.42 3.60 6.32 -4.58 -42.0
MicrochipTech MCHP 21 88.97 54.33 70.25 -16.81 -19.3 OpenText OTEX 55 48.46 24.91 29.64 -17.84 -37.6 RCI Hospitality RICK 19 96.78 46.48 93.19 15.31 19.7 SilkRoadMed SILK dd 56.73 27.21 52.85 10.24 24.0 Transcat TRNS 54 95.79 50.32 70.87 -21.56 -23.3
MicronTech MU 9 98.45 48.43 49.98 -43.17 -46.3 OpendoorTech OPEN dd 15.24 0.92 1.16 -13.45 -92.1 RCM Tech RCMT 6 28.82 5.22 12.34 5.22 73.3 n SilverSpikeInvt SSIC ... 15.40 7.70 9.80 ... ... TransCodeTherap RNAZ dd 3.13 0.28 0.67 -1.87 -73.5
Microsoft MSFT 26 338.00 213.43 239.82 -96.50 -28.7 Opera OPRA dd 7.81 3.92 6.29 -0.77 -10.9 REE Automotive REE dd 7.49 0.29 0.39 -5.16 -93.0 SilvercrestAsset SAMG 8 22.68 15.82 18.77 1.60 9.3 TransMedics TMDX dd 64.36 10.00 61.72 42.56 222.1
MicroStrategy MSTR dd 576.26 132.56 141.57-402.92 -74.0 OportunFin OPRT dd 21.39 4.03 5.51 -14.74 -72.8 REGENXBIO RGNX 15 35.73 18.69 22.68 -10.02 -30.6 SimmonsFirstNat SFNC 12 32.31 19.34 21.58 -8.00 -27.0 TravelCenters TA 5 65.33 31.19 44.78 -6.84 -13.3
Microvast MVST dd 9.54 1.38 1.53 -4.13 -73.0 Opthea OPT ... 8.50 4.51 5.36 -2.19 -29.0 n RF Acqn RFACU ... 11.54 9.65 10.19 ... ... SimulationsPlus SLP 61 67.59 35.18 36.57 -10.73 -22.7 Travelzoo TZOO 55 11.00 4.10 4.45 -4.97 -52.8
MicrovastWt MVSTW ... 2.29 0.14 0.20 -0.76 -79.2 OpticalCable OCC dd 5.75 3.26 4.42 -0.95 -17.7n RF Acqn A RFAC dd 10.13 9.79 10.11 ... ... SinclairBroadcast SBGI 0 31.04 14.37 15.51 -10.92 -41.3 TravereTherap TVTX dd 31.50 17.97 21.03 -10.01 -32.2
MicroVision MVIS dd 6.16 2.11 2.35 -2.66 -53.1 Optinose OPTN dd 4.30 1.60 1.85 0.23 14.2n RF Acqn Rt RFACR ... 0.20 0.03 0.08 ... ... SingularGenomics OMIC dd 12.22 1.80 2.01 -9.55 -82.6 TreaceMed TMCI dd 25.02 12.48 22.99 4.35 23.3
MidPennBancorp MPB 12 34.99 24.81 29.97 -1.77 -5.6 OptionCare OPCH 31 35.87 21.32 30.09 1.65 5.8
n RF Acqn Wt RFACW ... 0.20 0.01 0.01 ... ... SiriusXM SIRI 20 6.88 5.69 5.84 -0.51 -8.0 TreanInsurance TIG 12 9.14 2.12 6.00 -2.91 -32.7
Middleby MIDD 18 201.34 120.30 133.90 -62.86 -31.9 OraSureTechs OSUR dd 9.42 2.62 4.82 -3.87 -44.5 RF Industries RFIL 29 8.71 4.88 5.14 -2.86 -35.8 SiTime SITM 51 303.86 73.10 101.62-190.92 -65.3 TremorIntl TRMR 12 16.73 6.12 6.45 -8.70 -57.4
MiddlesexWater MSEX 33 121.10 74.20 78.67 -41.63 -34.6 OrganiGram OGI dd 1.87 0.70 0.80 -0.95 -54.3 RGC Resources RGCO dd 24.55 18.01 22.05 -0.96 -4.2 SizzleAcqn SZZLU ... 10.88 9.86 10.33 0.17 1.7 TreviTherap TRVI dd 4.68 0.46 1.93 1.15 146.7
MidlandStBncp MSBI 7 30.60 23.48 26.62 1.83 7.4 OricPharm ORIC dd 16.76 2.36 5.89 -8.81 -59.9 ROC Energy ROC dd 10.65 9.82 10.24 0.39 4.0 n SizzleAcqn SZZL dd 10.70 9.75 10.22 ... ... Tricida TCDA dd 13.85 0.13 0.15 -9.41 -98.4
MidWestOneFin MOFG 8 35.58 27.17 31.75 -0.62 -1.9 OriginBancorp OBNK 10 47.28 35.44 36.70 -6.22 -14.5 ROC Energy Rt ROCAR ... 0.34 0.03 0.17 -0.14 -45.2 n SizzleAcqnWt SZZLW ... 0.62 0.04 0.30 ... ... TriCoBancshares TCBK 14 58.62 37.41 50.99 8.03 18.7
MilestonePharm MIST dd 9.85 3.39 3.96 -2.59 -39.5 OrthofixMed OFIX dd 36.12 13.76 20.53 -10.56 -34.0 ROCEnergyAcqnUn ROCAU ... 11.17 9.70 10.30 0.19 1.9 SkyWest SKYW 7 42.97 14.76 16.51 -22.79 -58.0 TriMas TRS 20 37.65 21.41 27.74 -9.26 -25.0
MillerKnoll MLKN 20 41.69 15.54 21.01 -18.18 -46.4 OrthoPediatrics KIDS cc 61.27 35.67 39.73 -20.13 -33.6 R1 RCM RCM cc 27.86 6.71 10.95 -14.54 -57.0 Skyworks SWKS 12 163.47 76.16 91.13 -64.01 -41.3 Trimble TRMB 27 88.06 47.52 50.56 -36.63 -42.0
MillicomIntl TIGO 2 29.66 10.22 12.63 -15.82 -55.6 OtonomoTech OTMO ... 4.06 0.20 0.41 -3.68 -90.0 RVL Pharm RVLP dd 2.99 0.99 1.12 0.04 3.7 SleepNumber SNBR 11 80.77 23.61 25.98 -50.62 -66.1 TrinityBiotech TRIB dd 1.55 0.86 0.99 -0.44 -30.8
Mind CTI MNDO 8 3.28 2.03 2.10 -1.01 -32.4 OtonomoTechWt OTMOW ... 0.37 0.02 0.03 -0.29 -90.7 RackspaceTech RXT dd 13.98 2.51 2.95 -10.52 -78.1 SmartSand SND dd 4.95 1.37 1.79 0.01 0.6 TrinityCapital TRIN 10 20.26 10.23 10.93 -6.65 -37.8
MinervaSurgical UTRS dd 6.20 0.15 0.22 -4.92 -95.7 OtterTail OTTR 8 82.46 52.60 58.71 -12.71 -17.8 RadiusGlbInfr RADI dd 17.10 7.97 11.82 -4.28 -26.6 SmartShareGlbl EM dd 2.40 0.60 1.14 -0.32 -21.9 Trip.com TCOM dd 35.99 14.29 34.40 9.78 39.7
MiratiTherap MRTX dd 151.15 32.96 45.31 -101.38 -69.1 Outbrain OB 9 15.70 3.33 3.62 -10.38 -74.1 RadNet RDNT cc 30.43 12.03 18.83 -11.28 -37.5 SmileDirectClub SDC dd 3.10 0.31 0.35 -2.00 -85.0 TripAdvisor TRIP dd 30.48 16.87 17.98 -9.28 -34.0
MirumPharm MIRM dd 30.55 14.63 19.50 3.55 22.3 OutsetMedical OM dd 48.71 11.41 25.82 -20.27 -44.0 Radware RDWR dd 41.66 17.42 19.75 -21.89 -52.6 Smith&Wesson SWBI 5 18.94 8.21 8.68 -9.12 -51.2 TritiumDCFC DCFC ... 19.75 1.03 1.68 -8.29 -83.1
Missfresh MF ... 155.10 1.26 1.78 -148.52 -98.8 Overstock OSTK 98 60.33 18.07 19.36 -39.65 -67.2 RainOncology RAIN dd 14.03 2.15 8.00 -4.88 -37.9 SnapOne SNPO dd 21.67 7.02 7.41 -13.67 -64.8 TritiumDCFC Wt DCFCW ... 3.88 0.20 0.29 -1.28 -81.3
MissionProduce AVO dd 16.96 11.04 11.62 -4.08 -26.0 OvidTherap OVID dd 3.55 1.41 1.86 -1.35 -42.1 Rallybio RLYB dd 15.89 4.54 6.57 -2.97 -31.1 SoYoungIntl SY dd 3.34 0.50 1.29 -1.90 -59.6 TriumphFinancial TFIN 11 126.12 45.08 48.87 -70.21 -59.0
n Mobileye MBLY dd 37.31 24.85 35.06 ... ... OysterPtPharma OYST dd 18.30 3.46 11.17 -7.09 -38.8 RamacoRscs METC 3 21.73 8.43 8.79 -4.81 -35.4 SocialLvgI Wt SLACW ... 0.90 0.05 0.06 -0.77 -92.8 trivago TRVG dd 2.76 0.93 1.35 -0.83 -38.1
n MobivAcqn MOBV ... 10.91 9.96 10.28 ... ... OzonHoldings OZON dd 30.46 8.63 11.60 -18.01 -60.8 Rambus RMBS dd 39.34 20.00 35.82 6.43 21.9 SocialLvgI SLACU ... 10.07 9.50 9.86 -0.14 -1.4 TrueCar TRUE dd 4.08 1.30 2.51 -0.89 -26.2
n MobivAcqnUn MOBVU ... 10.40 10.01 10.24 ... ... RangerOil ROCC 5 53.59 26.98 40.43 13.51 50.2 SocialLvgI A SLAC 74 10.11 9.68 10.03 0.22 2.2 Trupanion TRUP dd 135.11 40.77 47.53 -84.50 -64.0
n MobivAcqnWt MOBVW ... 0.22 0.03 0.06 ... ... PQ RaniTherap RANI dd 27.13 5.11 5.90 -10.45 -63.9 SoFiTech SOFI dd 16.47 4.24 4.61 -11.20 -70.8 TrustcoBank TRST 10 39.36 29.50 37.59 4.28 12.8
Moderna MRNA 6 249.42 115.03 179.62 -74.36 -29.3 RapidMicro RPID dd 11.34 1.12 1.13 -9.51 -89.4 Sohu.com SOHU dd 20.02 12.87 13.71 -2.57 -15.8 Trustmark TRMK 16 38.47 26.67 34.91 2.45 7.5
ModivCare MODV dd 148.46 73.06 89.73 -58.56 -39.5 PAM Transport PTSI 6 40.00 23.52 25.90 -9.61 -27.1 Rapid7 RPD dd 118.42 26.48 33.98 -83.71 -71.1 SolGelTech SLGL 22 8.51 3.94 4.56 -2.84 -38.4 TScanTherap TCRX dd 5.60 1.45 1.55 -2.95 -65.6
MolecularPtrs MOLN 2 32.04 5.50 6.55 -12.63 -65.8 P&FIndustries PFIN cc 7.29 4.90 5.05 -1.05 -17.2 RealGoodFood RGF dd 8.47 5.60 6.63 0.45 7.3 SolarEdgeTech SEDG cc 375.90 190.15 283.27 2.70 1.0 Tuniu TOUR dd 2.52 0.46 1.51 0.54 55.7
Momentive MNTV dd 21.98 5.13 7.00 -14.15 -66.9 PCB Bancorp PCB 7 26.04 17.60 17.69 -4.27 -19.4 RealReal REAL dd 12.90 1.04 1.25 -10.36 -89.2 SolidBiosci SLDB dd 27.52 5.21 5.38 -20.87 -79.5 TurtleBeach HEAR dd 25.33 6.22 7.17 -15.09 -67.8
Momentus MNTS dd 4.74 0.70 0.78 -3.40 -81.3 PCConnection CNXN 13 56.68 40.08 46.90 3.77 8.7 ReataPharm RETA dd 43.90 18.47 37.99 11.62 44.1 SolidPower SLDP 19 9.99 2.15 2.54 -6.20 -70.9 TuSimple TSP dd 37.24 1.23 1.64 -34.21 -95.4
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

R10 | Tuesday, January 3, 2023 THE WALL STREET JOURNAL.

JOURNAL REPORT | EXCHANGE-TRADED PORTFOLIOS 2022 TRADING SUMMARY

Net Pct Net Pct
Stock SymPE Hi Lo Last Chg Chg S&P 500 Index Stock SymPE Hi Lo Last Chg Chg

AAMBahl&GynrS/M SMIG 26.51 20.86 22.64 -3.55 -13.6 ETC6MeridSC SIXS 52.62 37.64 41.74 -10.17 -19.6
AAM LowDurPfd PFLD 25.12 20.37 20.73 -4.33 -17.3 high ETFBGreenSRI RITA 26.40 16.49 18.25 -8.15 -30.9
DMDV 24.85 17.38 20.61 -2.93 -12.4 ETFMGAltHarvest MJ 11.59 4.02 4.26 -6.82 -61.6
AAMS&PDevMk
AAMS&PEMHiDivVal EEMD 23.09 14.88 17.76 -3.77 -17.5
Daily close ETFMGBreakSeaDecar BSEA 25.75 18.38 20.51 -4.81 -19.0
AAMS&P500HiDivV SPDV 33.39 25.42 29.15 -1.79 -5.8 low ETFMG PrimeCyber HACK 61.70 40.65 44.05 -17.40 -28.3
n AamTransformers TRFM 28.46 20.81 21.86 ... ... 65-trading-day moving average
s ETFMGPrmJrSilv SILJ 15.48 8.01 10.55 -1.93 -15.5
n AB TaxShDurMuni TAFI 25.16 24.39 24.99 ... ... ETFMG PrimeMob IPAY 59.73 36.55 39.26 -18.80 -32.4
n AB UltShIncm YEAR 50.14 49.49 49.95 ... ... 4600 ETFMG Pr2DlSlv SILX 7.09 1.62 2.55 -2.47 -49.2
AIPoweredEquity AIEQ 41.87 27.73 28.48 -13.39 -32.0 ETFMGSitUltra VALT 49.67 47.64 48.34 -1.19 -2.4
AIQualityGrowth AQGX 18.14 10.20 12.16 -4.97 -29.0 ETFMG TravelTech AWAY 26.34 15.00 16.51 -7.86 -32.3
AlpsActiveReit REIT 32.38 21.76 23.88 -7.27 -23.3 ETFMG Treat GERM 35.56 20.12 22.39 -13.24 -37.2
ALPSCleanEnergy ACES 67.92 42.66 45.49 -18.66 -29.1 ETFMG2DlyTravel AWYX 7.86 2.05 2.25 -3.78 -62.7
ALPS DisrupTech DTEC 48.67 29.94 33.23 -15.15 -31.3
200-trading-day moving average ETFMG US Alt MJUS 6.16 1.79 1.96 -3.96 -66.9
s
ALPSEmgDivDogs EDOG 25.65 17.95 20.73 -3.65 -15.0 ETRACSAlerianMLP AMUB 14.58 11.24 13.69 2.46 21.9
ALPS EqSecWgh EQL 110.75 86.29 95.71 -13.79 -12.6 ETRACSAlernMLPInfr MLPB 20.00 15.32 18.76 3.37 21.9
AlpsGlbTravelBen JRNY 26.14 17.69 20.04 -4.94 -19.8 4300 EtracsAlerianMid AMND 42.73 33.99 38.24 4.55 13.5
AlpsHillmanAct HVAL 25.58 18.84 20.93 -3.75 -15.2 EtracsAlerMidstr AMNA 42.13 32.60 36.91 4.76 14.8
n AlpsInterMuni MNBD 26.16 24.46 25.29 ... ... EtracsAlerMid AMTR 51.62 39.34 46.99 7.97 20.4
ALPSIntlDivDogs IDOG 29.79 21.18 25.46 -2.42 -8.7 ETRACSBloomETN DJCB 27.36 18.86 21.89 3.08 16.4
ALPSMedBreak SBIO 43.52 23.58 30.38 -11.86 -28.1 ETRACSIFEDInvest IFED 31.10 24.17 27.12 -0.40 -1.5
AlpsOShEurQual OEUR 29.50 19.42 23.63 -5.82 -19.8 EtracsMvisBus BDCZ 20.70 14.35 16.72 -3.34 -16.7
AlpsOShGlbInt OGIG 49.53 21.51 24.30 -24.93 -50.6 EtracsM1.5XLevCEF CEFD 32.25 18.20 19.91 -12.22 -38.0
AlpsOShUSQual OUSA 46.62 36.27 41.42 -5.14 -11.0 EtracsM1.5XLevMtg MVRL 45.57 17.43 20.97 -22.48 -51.7
AlpsOShUSSCQual OUSM 37.67 29.72 33.57 -3.61 -9.7 4000 ETRACSMonthPay2x SMHB 12.89 5.50 6.52 -5.60 -46.2
ALPSREITDivDogs RDOG 53.66 36.10 37.78 -15.39 -28.9 ETRACS2xLvHiDiv HDLB 19.21 11.09 13.63 -3.35 -19.7
ALPSSectDivDogs SDOG 58.04 44.94 51.44 -2.15 -4.0 ETRACSNYSEPick PYPE 23.00 18.26 21.39 3.33 18.5
n AOT Growth AOTG 31.00 20.94 21.86 ... ... EtracsQ1.5XLevMVIS BDCX 41.81 24.97 28.46 -11.61 -29.0
ApexHealthCare APXH 10.09 7.75 8.80 -1.45 -14.1 EtracsQ1.5XLevAl MLPR 45.71 31.62 41.28 9.51 29.9
ARK AutoTech ARKQ 79.12 39.35 41.01 -36.00 -46.7 ETRACS2xLvgdIFED FEDL 40.40 21.91 26.72 -3.32 -11.1
ARKGenomicRev ARKG 63.59 26.38 28.23 -33.01 -53.9 ETRACS2xLvgMSCIUS ESUS 27.27 14.30 16.22 -11.87 -42.3
ARK Innovation ARKK 97.17 29.43 31.24 -63.35 -67.0 Etracs2xLvUSMin USML 35.55 23.00 27.78 -8.24 -22.9
ARK Israel Innov IZRL 29.20 16.54 17.52 -11.02 -38.6
3700 Etracs2xLvUSMom MTUL 27.57 13.65 16.84 -10.31 -38.0
ARK NextGen ARKW 121.49 36.02 38.55 -80.03 -67.5 Etracs2xLvUSQu QULL 38.11 18.99 22.22 -16.09 -42.0
ArkSpaceExpln ARKX 19.05 11.77 12.39 -6.46 -34.3 Etracs2xLvUSDiv SCDL 40.23 26.29 33.68 -4.91 -12.7
AtacCredit JOJO 19.11 14.12 14.66 -4.78 -24.6 Etracs2xLvUSGrw IWFL 37.02 14.89 16.18 -20.35 -55.7
AtacUSRotation RORO 23.88 12.38 13.53 -9.98 -42.4 Etracs2xLvUSSize IWML 26.51 13.14 15.11 -10.85 -41.8
AXSAstoriaInfltn PPI 29.98 21.83 25.38 0.35 1.4 Etracs2xLvUSVal IWDL 36.85 22.79 28.07 -7.58 -21.3
n AXSBrWdTopGun TGN 31.29 29.13 29.65 ... ... ETRACS2xM092548 PFFL 19.20 10.10 10.42 -8.65 -45.4
AXSChgFinESG CHGX 35.13 24.19 27.12 -7.93 -22.6 3400 EtracsUBSBbg UCIB 28.39 20.84 24.72 3.81 18.2
AXSDe-SPACETF DSPC 19.35 4.74 4.99 -13.98 -73.7 EcofinGlbWater EBLU 50.84 32.00 36.78 -13.76 -27.2
AXSEsotericaNx WUGI 63.36 30.20 31.79 -31.21 -49.5 Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec. n ElementEVSolar CHRG ... ... 25.10 ... ...
AXS FOMO FOMO 23.63 16.40 16.47 -6.15 -27.2 ElemntsBiofuels FUE 14.01 9.81 12.37 2.26 22.4
AXSFstPriorityCLO AAA 25.03 24.03 24.37 -0.65 -2.6 Net Pct Net Pct Net Pct ElemntsGrain GRU 8.50 4.59 5.45 0.72 15.2
n AXS GreenAlpha NXTE 36.51 27.14 29.29 ... ... Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg n EmergeEmpwrSusDiv EMCA 27.54 22.88 26.37 ... ...
n AXS1.5XPYPLBrDly PYPS 51.05 25.50 38.76 ... ... n EmergeEmpwrSusEM EMCH 25.65 22.81 24.78 ... ...
n AXS1.5XPYPLBlDly PYPT 54.77 17.89 19.32 ... ... AmplifyBlkIswn ISWN 25.00 17.37 18.36 -6.58 -26.4 BreakwDryBulk BDRY 29.67 6.75 9.19 -20.30 -68.8 DimenUSCoreEq2 DFAC 29.33 21.99 24.28 -4.69 -16.2 n EmergeEmpwrSusGlb EMZA 25.73 22.78 24.40 ... ...
n AXS1.25XNVDABrDly NVDS 67.72 31.03 39.49 ... ... AmplifyBlackTech QSWN 24.80 16.53 16.63 -8.19 -33.0 n BuildBdInnov BFIX 26.73 22.77 22.85 ... ... DimenUSEquity DFUS 52.22 37.96 41.61 -10.09 -19.5 n EmergeEmprSustSel EMGC 25.79 22.64 23.92 ... ...
n AXSShChinaInt SWEB 36.66 19.06 19.97 ... ... AmpCWPEnhDiv DIVO 38.60 31.98 35.86 -2.33 -6.1 n BurneyUSFactorRotation BRNY 28.19 24.47 26.59 ... ... n DimenUSHiProf DUHP 26.89 21.09 24.01 ... ... n EmergeEmprUnif EMPW 25.56 23.02 24.56 ... ...
AXSShDe-SPACDly SOGU 69.58 29.15 37.29 6.96 22.9 AmplifyDigiOnline BIDS 24.30 12.59 12.83 -11.44 -47.1 CP HY Trend HYTR 23.82 20.64 20.89 -2.94 -12.4 n DimenUSLCVal DFLV 25.51 23.84 24.53 ... ... EnSelSectorSPDR XLE 94.71 55.55 87.47 31.97 57.6
AXSShInnovDly SARK 81.21 36.03 54.51 17.37 46.8 AmplifyEMFinTech EMFQ 36.85 18.22 19.70 -16.90 -46.2 CabanaTarget5 TDSA 26.35 21.14 21.38 -4.93 -18.7 n DimenUSMktVal DFUV 35.46 29.41 33.48 ... ... n EngineNo1 NETZ 54.62 41.94 47.36 ... ...
n AXSTSLABrDly TSLQ 91.15 36.25 79.32 ... ... AmplifyHiIncm YYY 16.70 11.18 11.65 -4.98 -29.9 CabanaTarget7 TDSB 26.28 20.75 21.26 -4.76 -18.3 n DimenUSRealEst DFAR 29.60 19.12 21.15 ... ... EngineNo1Tran500 VOTE 56.61 40.46 44.22 -11.71 -20.9
n AXS2XInnovation TARK 174.00 37.33 41.64 ... ... n AmplifyInfltn IWIN 28.75 18.86 20.54 ... ... CabanaTarget16 TDSE 30.15 21.64 21.76 -8.09 -27.1 DimenUSSCETF DFAS 61.17 46.11 51.15 -8.84 -14.7 ER Entrepreneurs ENTR 15.14 8.61 8.90 -6.21 -41.1
n AXS2XNKEBrDly NKEQ 68.87 27.09 29.26 ... ... n AmplifyIntEnhDiv IDVO 27.03 23.00 26.00 ... ... CabanaTarget10 TDSC 28.32 21.91 22.09 -5.89 -21.1 n DimenUSSCValue DFSV 27.01 21.56 24.77 ... ... ER Next Entre ERSX 18.05 10.81 12.16 -5.83 -32.4
n AXS2XNKEBullDly NKEL 38.85 18.08 30.21 ... ... AmplifyLithium BATT 18.38 11.46 11.71 -6.29 -34.9 CabanaTarget13 TDSD 29.51 20.99 21.12 -8.06 -27.6 n DimenUSSus1 DFSU 27.21 24.01 24.93 ... ... EthoClimateLeader ETHO 64.49 44.85 49.38 -15.01 -23.3
n AXS2XPFEBrDly PFES 66.38 34.09 34.49 ... ... n AmplifyNatRscs NDIV 27.40 21.72 25.83 ... ... CabanaLdgAgg CLSA 27.43 18.14 18.27 -8.89 -32.7 DimenUSTargVal DFAT 49.10 38.59 43.95 -3.57 -7.5 FCFIntlQual TTAI 36.75 23.77 25.29 -11.25 -30.8
n AXS2XPFEBullDly PFEL 35.63 20.96 30.82 ... ... AmplifyOnlineRet IBUY 89.96 37.41 38.99 -49.05 -55.7 CabanaLdgCon CLSC 25.57 19.09 19.67 -5.52 -21.9 DimenWorldexUS DFAX 26.80 18.42 21.60 -4.51 -17.3 FCFUSQuality TTAC 55.50 43.35 46.53 -8.69 -15.7
abrdnBbgACLgStrK1 BCD 42.61 30.72 34.59 3.85 12.5 AmpSeymCannabis CNBS 14.68 4.81 5.09 -9.04 -64.0 CabanaLdgMod CLSM 27.37 20.04 20.14 -6.92 -25.6 DirexAuspiceBroad COM 36.00 29.01 29.42 0.24 0.8 FIEnhEurope50 FIEE 216.44 108.76 166.69 -44.20 -21.0
abrdnBbgAllCmdK1 BCI 31.94 21.63 22.06 -0.93 -4.0 AmplifyAllStars MVPS 25.78 14.14 14.79 -10.75 -42.1 CambriaEmSharehldr EYLD 38.00 24.45 28.04 -7.81 -21.8 n DirexBreakfstCmd BRKY 26.24 20.64 22.30 ... ... n FisBibResp PRAY 25.60 20.01 21.60 ... ...
abrdnBbgIndMtl BCIM 37.26 19.92 24.76 -1.03 -4.0 AmplifyTransData BLOK 41.34 14.68 15.12 -25.05 -62.4 CambriaFgnShare FYLD 29.81 20.16 24.27 -3.08 -11.3 n DirexAAPLBear1X AAPD 31.21 23.40 30.23 ... ... FIS KnightsofCol KOCG 26.54 18.55 19.83 -6.01 -23.3
abrdnPhysGold SGOL 19.86 15.50 17.47 -0.09 -0.5 AnfieldCapDiv DALT 10.44 8.14 8.42 -2.04 -19.5 CambriaGlbAssetAll GAA 31.40 24.26 26.91 -4.24 -13.6 n DirexAAPLBull1.5X AAPU 27.56 15.90 16.65 ... ... n FMC Excelsior FMCX 25.37 20.27 22.12 ... ...
abrdnPhysPall PALL 298.21 153.95 165.11 -11.06 -6.3 AnfieldDynFix ADFI 9.54 7.85 8.31 -1.25 -13.0 CambriaGlbMomentum GMOM 33.68 27.87 28.32 -1.51 -5.1 n DirexAmznBr1X AMZD 35.35 23.08 34.44 ... ... FMQQ NextFront FMQQ 21.34 9.13 9.75 -11.46 -54.0
abrdnPhysPlat PPLT 109.85 76.09 99.28 9.38 10.4 AnfieldUSEquity AESR 14.13 10.54 11.45 -2.53 -18.1 CambriaGlbRlEst BLDG 32.19 22.76 26.20 -5.71 -17.9 n DirexAmznBl1.5X AMZU 28.08 12.40 12.90 ... ... FPA GlobalEqu FPAG 26.31 18.30 20.84 -4.84 -18.9
abrdnPhysPrecMt GLTR 107.47 77.57 89.23 -0.22 -0.2 AnfieldUnivFx AFIF 9.56 8.57 8.75 -0.82 -8.6 CambriaGlbTail FAIL 23.95 19.68 20.13 -1.13 -5.3 DirexAeroBl3 DFEN 24.45 11.37 19.91 1.20 6.4 FTCboeVestBuffDef BUFT 20.21 18.00 18.45 -1.69 -8.4
abrdnPhysSilver SIVR 25.95 16.89 22.98 0.58 2.6 n AngelOakIncm CARY 22.57 20.04 20.08 ... ... CambriaGlbValue GVAL 24.44 15.90 20.04 -2.94 -12.8 DirexBrazilBull2X BRZU 128.88 54.41 68.61 2.13 3.2 FTCboeVestBuffGrw BUFG 20.46 16.55 17.96 -2.36 -11.6
AbsoluteSelVal ABEQ 31.00 24.86 27.83 -0.62 -2.2 n AngelOakUltSh UYLD 54.78 50.01 50.21 ... ... CambriaMarijuana TOKE 12.72 6.41 6.69 -5.73 -46.1 DirexCSIChinaInt CWEB 147.40 17.55 50.91 -74.59 -59.4 FTCboeVestBf BUFR 24.14 20.43 22.21 -1.82 -7.6
AcquirersFund ZIG 31.70 22.45 25.76 -5.79 -18.4 AppliedFinValLC VSLU 29.69 21.73 23.59 -4.79 -16.9 CambriaShareholder SYLD 66.99 52.08 59.31 -5.32 -8.2 DirexCSI300CnA CHAD 24.32 16.28 20.40 4.09 25.1 FTCboeVestFdDpBf BUFD 21.41 18.93 19.67 -1.64 -7.7
AcruenceActUS XVOL 22.65 16.82 17.25 -5.15 -23.0 AptusColIncmOpp ACIO 32.79 27.91 28.83 -3.79 -11.6 CambriaTailRisk TAIL 18.72 15.18 15.30 -2.56 -14.3 DirexCSI300CnABl2 CHAU 40.04 15.03 20.20 -19.81 -49.5 n FTCboeVestN100 BUFQ 22.97 19.39 19.93 ... ...
n AdaptivSelect ADPV 26.60 25.00 25.11 ... ... AptusDefRisk DRSK 28.99 24.92 25.60 -3.25 -11.3 CambriaTrinity TRTY 29.24 23.97 24.97 -2.17 -8.0 DirexCloudBl2 CLDL 21.35 5.35 5.90 -15.42 -72.3 FTCboeVestGold BGLD 20.14 16.91 18.38 -0.53 -2.8
AdaptiveAlphaOpps AGOX 29.32 18.68 20.49 -4.93 -19.4 AptusDrawMgd ADME 43.40 32.56 33.59 -9.66 -22.3 CambriaValue VAMO 29.21 23.49 27.21 1.86 7.3 DirexCnsDiscBl3 WANT 104.60 14.95 16.03 -78.41 -83.0 FTCboeVestGold IGLD 22.47 17.37 19.04 -1.33 -6.5
n AptusEnhYield JUCY 25.39 24.93 25.07 ... ... CannabisETF THCX 8.94 2.44 2.59 -5.95 -69.7 DirexDJBear3X WEBS 61.40 16.70 36.87 19.86 116.7 YDEC

.
AdaptiveCore RULE 25.33 19.35 19.55 -5.80 -22.9 FTCboeVestIntlDec 21.54 16.88 19.90 -1.35 -6.4
AdaptiveHiIncm AHHX 10.80 7.80 8.34 -1.99 -19.3 n ArgentMC AMID 25.14 20.95 23.17 ... ... n CapGrpCore CGUS 26.32 20.09 22.46 ... ... DirexDJBull3X WEBL 64.65 5.02 5.71 -57.99 -91.0 FTCboeVestIntlJun YJUN 20.38 15.97 18.50 -1.64 -8.1
ARKF 41.41 13.50 14.27 -26.58 -65.1 CGCP 25.83 21.41 22.28 ... ... EVAV 26.85 5.13 5.93 ... ...

ly
AdasinaSocJust JSTC 19.07 13.22 14.89 -3.33 -18.3 ArkFinInnov n CapGrpCorePlus n DirexElc&Auto FTCboeVestIntlMar YMAR 22.19 16.51 19.00 -1.76 -8.5
AdvShAlphaDNA SENT 27.68 20.16 22.58 -5.04 -18.3 ArmorUSEquity ARMR 26.99 18.66 20.30 -6.49 -24.2 n CapitalGrpDivVal CGDV 26.48 20.41 23.59 ... ... DirexEMBear3x EDZ 22.17 8.38 14.27 4.71 49.3 FTCboeVestIntSep YSEP 20.11 15.52 17.96 -1.94 -9.8
AdvShDorseyADR AADR 64.96 43.35 47.76 -16.49 -25.7 ArrowCntryRotat DWCR 37.39 25.29 27.91 -9.05 -24.5 n CapGrpGlbGrw CGGO 25.25 18.23 21.01 ... ... DirexEM Bull3 EDC 83.07 20.34 29.39 -44.54 -60.2 FTCboeVstN100Dec QDEC 23.70 17.35 18.30 -5.24 -22.3
AdvShDWAlphaEW DWEQ 27.91 18.67 19.28 -8.85 -31.5 ArrowDJGlobalYd GYLD 15.15 11.61 13.04 -1.74 -11.8 n CapitalGrpGrw CGGR 28.37 18.60 19.94 ... ... DirexEnergyBr2 ERY 110.80 25.78 29.13 -81.57 -73.7 FTCboeVstN100Jun QJUN 21.47 16.91 17.67 -3.71 -17.3
AdvShDW FSM AC DWAW 37.89 27.81 31.00 -6.92 -18.2 ArrowInvDWATact DWAT 13.50 10.26 10.41 -0.71 -6.3 n CapGrpIntlFocus CGXU 25.37 18.28 20.83 ... ... DirexEnergyBl2 ERX 80.27 29.68 66.55 36.91 124.5 FTCboeVstN100Mar QMAR 22.95 18.05 18.92 -3.75 -16.6
AdvShDW FSM US DWUS 40.82 30.07 33.31 -7.62 -18.6 ArrowResCapMgmt ARCM 100.80 98.71 99.61 -0.20 -0.2 n CapGrpMuniIncm CGMU 28.10 25.12 26.18 ... ... DirexChinaBr3 YANG 48.44 10.07 11.89 -8.38 -41.3 FTCboeVstN100Sep QSPT 21.09 15.99 16.64 -4.26 -20.4
AdvShDorseyMc
AdvShDorseyShrt
n AdvShDroneTech
AdvShFocusedEqu
AdvShGerber
AdvShHotel
DWMC
DWSH
UAV
CWS
GK
BEDZ
39.55
11.49
26.06
56.84
26.89
27.25
28.07
8.09
19.31
40.06
14.48
19.25
32.63
9.96
19.76
47.55
14.98
22.87
-6.42
1.48

-5.80
-11.53
-3.60
...
-16.4
17.5

-10.9
-43.5
...

-13.6
ArrowRevCap500
AsianGrowthCubs
AsymmetricS&P500
n AvantisAllEquity
AvantisCoreFixIncm
AvantisCrMuniFx
YPS 24.78
CUBS 26.69
ASPY 31.64
AVGE 59.15
AVIG 48.51
AVMU 49.98
on 18.83
18.52
26.18
49.51
39.42
43.77
20.78
19.50
26.35
55.51
40.97
45.73
-3.48
-6.80
-3.50

-4.25
...
-7.81
-14.3
-25.9
-11.7

-16.0
...

-8.5
n CapGrpShDur
n CapGrpUSMult
CapLinkGlbFin
CapLinkGlbGreenEn
n CarbonColl
n CarbonStrat
CGSD 25.62
CGMS 28.72
KOIN 43.56
EKAR 43.00
CCSO 22.23
KARB 36.55
24.98
25.09
26.52
27.35
16.57
26.65
25.34
25.71
27.07
29.05
17.28
33.22
-16.10
-13.13
...
...

...
...
-37.3
...
...

-31.1
...
...
DirexChinaBl3
DirexFTSEEurBl3x
DirexFinlBear3
DirexFinlBull3
n DirexFinTechBl2
n DirexGooglBr1X
YINN 209.61
EURL 39.68
FAZ 32.59
FAS 155.82
FNTC 28.14
GGLS 31.18
19.66
9.46
15.77
49.62
9.69
24.09
46.18-120.42
16.92 -20.91
19.28 0.22
73.55 -57.18
10.32
29.10
...
...
-72.3
-55.3
1.2
-43.7
...
...
n FTCboeVestRising
FTCboeS&P500Div
FTCboeUSBuffJul
FTCboeUSBuffApr
FTCboeUSBuffAug
FTCboeUSBuffDec
RDVI
KNG
FJUL
FAPR
FAUG
FDEC
24.86
58.70
36.71
32.82
38.94
35.22
19.67
45.18
31.81
27.11
32.22
29.24
21.29
51.09
34.30
29.25
34.65
31.76
...
-6.13
-2.29
-3.37
-4.08
-3.21
-10.7

-10.3
-10.5
...

-6.2

-9.2
AdvShInsiderAdv SURE 101.61 77.41 85.66 -12.52 -12.8 AvantisEM AVEM 65.31 44.37 50.45 -12.87 -20.3 ChangeCapL/S CBLS 24.19 19.08 21.16 -2.79 -11.6 n DirexGooglBl1.5X GGLL 26.56 16.87 17.95 ... ... FTCboeUSBuffFeb FFEB 38.65 32.85 35.57 -2.89 -7.5
us ,

n AdvShLetBob LETB 26.00 22.27 22.59 ... ... AvantisEMVal AVES 52.10 36.71 40.98 -9.61 -19.0 ChangeCapSust CBSE 27.63 19.65 21.76 -5.57 -20.4 DirexGlbCleanBl2 KLNE 24.76 12.00 15.95 -5.02 -23.9 FTCboeUSBuffJan FJAN 35.35 29.95 32.74 -1.35 -4.0
MSOX 34.63 5.03 5.96 ... ... n AvantisInfltn AVIE 63.41 49.85 57.56 ... ... ClearBr AC Grw CACG 50.78 32.28 33.10 -17.58 -34.7 DirexGoldMinBr2 DUST 31.39 10.07 14.64 -4.30 -22.7 FTCboeUSBuffJun FJUN 38.24 33.52 36.10 -1.88 -4.9
l

n AdvShMSOS2xDly
n AdvShMgdBitcoin CRYP 26.26 12.12 12.19 ... ... AvantisIntlEquity AVDE 64.85 44.63 53.19 -10.20 -16.1 ClearBrDivStrat YLDE 43.83 34.50 39.04 -4.39 -10.1 DirexGoldMinBl2 NUGT 82.86 20.30 34.47 -16.67 -32.6 FTCboeUSBuffMar FMAR 34.36 28.90 31.36 -1.83 -5.5
e
MINC AvantisIntlLCVal AVIV 53.56 37.47 45.11 -5.51 -10.9 ClearFocusVal CFCV 37.34 27.35 30.12 -5.54 -15.5 DirexHlthcrBull3 CURE 149.57 81.20 114.76 -30.23 -20.8 FMAY
al a

AdvShNewfleet 48.33 43.67 44.52 -3.83 -7.9 FTCboeUSBuffMay 38.43 32.72 35.17 -3.09 -8.1
AdvPoseidonDynCan PSDN 8.31 1.42 1.54 -6.32 -80.4 AvantisIntlSCValue AVDV 66.64 46.61 55.35 -9.20 -14.3 ClearBrLCGrw LRGE 60.86 38.07 40.82 -19.93 -32.8 DirexHmbldrBull3 NAIL 124.37 18.98 30.66 -93.14 -75.2 FTCboeUSBuffNov FNOV 39.17 32.26 35.52 -3.46 -8.9
AdvShPsychedelics PSIL 6.26 1.79 1.86 -3.93 -67.9 AvantisRealEst AVRE 55.84 36.47 41.12 -14.72 -26.4 n ClearBridgeSustInf INFR 24.50 24.13 24.19 ... ... DirexIndlsBl3 DUSL 49.45 19.97 31.96 -14.82 -31.7 FTCboeUSBuffOct FOCT 35.87 30.25 33.01 -2.71 -7.6
AdvShPureCannab YOLO 13.34 3.39 3.60 -9.40 -72.3 n AvantisRespEM AVSE 51.24 37.28 42.70 ... ... ClearSharesOCIO OCIO 33.39 27.15 28.06 -5.03 -15.2 DirexJrGoldMinBr2 JDST 18.89 6.20 7.98 -2.84 -26.2 FTCboeUSBuffSep FSEP 36.19 30.98 33.47 -2.54 -7.1
AVSD 54.15 PIFI 98.31 JNUG 93.66
ci on

AdvShPureUSCan MSOS 26.51 6.36 6.99 -18.60 -72.7 n AvantisRespIntl 39.85 47.07 ... ... ClearPitonInt 88.61 90.43 -8.15 -8.3 DirexJrGoldMnBl2 20.45 36.17 -27.96 -43.6 FTCboeUSDeepApr DAPR 31.97 28.51 29.46 -2.16 -6.8
AdvShQDynGrw QPX 30.85 20.24 21.14 -9.46 -30.9 n AvantisRespUS AVSU 54.55 41.63 45.74 ... ... ClearUltShMat OPER 100.84 99.70 100.11 0.04 0.0 DirexIndiaBull2 INDL 67.12 40.93 45.96 -13.69 -23.0 FTCboeUSDeepAug DAUG 35.42 29.62 31.12 -4.22 -12.0
AdvShRangerEqBear HDGE 32.45 23.53 28.75 4.09 16.6 AvantisShortTrmFix AVSF 51.16 45.14 45.88 -3.54 -7.2 n ClockwiseCap TIME 27.10 15.65 16.06 ... ... DirexMexicoBl3 MEXX 124.33 58.16 82.97 -13.65 -14.1 FTCboeUSDeepDec DDEC 33.01 29.57 30.61 -2.20 -6.7
AdvShRestaurant EATZ 23.95 16.92 18.23 -5.29 -22.5 AvantisUSEquity AVUS 81.26 61.78 68.01 -12.15 -15.2 ColumbiaDivFixed DIAL 21.22 16.29 17.29 -4.02 -18.9 n DirexMsftBr1X MSFD 28.89 23.18 25.28 ... ... FTCboeUSDeepFeb DFEB 36.11 32.59 33.33 -1.91 -5.4
AdvShStrGlbBW VEGA 41.46 32.08 34.29 -6.82 -16.6 AvantisUSLCValue AVLV 55.51 44.02 50.19 -4.02 -7.4 ColumbiaEMCoreXCh XCEM 33.17 23.11 25.55 -6.21 -19.5 n DirexMsftBl1.5X MSFU 27.05 19.00 22.18 ... ... FTCboeUSDeepJan DJAN 32.92 29.67 30.38 -1.84 -5.7
AdvShSageCore HOLD 99.86 96.72 97.31 -1.09 -1.1 n Avantis US SC AVSC 50.03 39.33 43.35 ... ... ColumbiaEMConsumer ECON 24.68 17.12 19.71 -4.24 -17.7 DirexMetalBull2X MNM 62.09 20.93 29.98 0.96 3.3 FTCboeUSDeepJul DJUL 33.77 29.22 30.91 -2.79 -8.3
AdvShViceETF VICE 33.20 23.57 26.69 -6.29 -19.1 AvantisUSSCValue AVUV 83.11 65.11 74.51 -5.23 -6.6 ColumbiaIndiaCnsmr INCO 56.28 44.37 45.38 -8.54 -15.8 DirexMcBull3 MIDU 72.26 27.20 35.29 -34.35 -49.3 FTCboeUSDeepJun DJUN 34.59 30.67 32.31 -2.17 -6.3
AdvocateRising RRH 39.45 19.99 26.80 2.37 9.7 n AztlanGlbStk AZTD 21.72 17.98 19.79 ... ... ColumbiaIntlESGEq ESGN 28.05 20.49 24.42 -2.52 -9.4 n DirexOilSvsBl2 ONG 47.24 16.68 37.23 ... ... FTCboeUSDeepMar DMAR 32.62 29.15 30.16 -1.75 -5.5
WLDR B.A.D.ETF BAD 15.27 10.92 12.45 -2.67 -17.6 ColumbiaMultMun MUST 22.52 19.19 20.16 -2.34 -10.4 DirexPharmBl3X PILL 16.47 8.05 8.97 -6.91 -43.5 DMAY
er s

AffinityWorldLdr 27.55 20.47 23.58 -3.31 -12.3 FTCboeUSDeepMay 34.91 29.69 31.29 -3.47 -10.0
AGFiQ GlbInfr GLIF 29.62 22.36 25.03 -3.17 -11.2 BNYMellonConc BKCI 52.22 35.52 41.14 -10.68 -20.6 ColumbiaResEnhCore RECS 27.09 20.95 22.72 -4.19 -15.6 DirexRealEstBr3 DRV 84.94 29.55 53.96 21.82 67.9 FTCboeUSDeepNov DNOV 37.38 31.95 32.67 -2.65 -7.5
AGFiQ US NeutAB BTAL 22.04 17.52 21.21 3.43 19.3 BNYMellonCoreBd BKAG 49.04 40.00 41.60 -7.53 -15.3 ColumbiaResEnhVal REVS 22.00 17.91 19.56 -1.81 -8.5 DirexRealEstBl3 DRN 30.72 7.34 9.80 -20.63 -67.8 FTCboeUSDeepOct DOCT 33.13 29.97 31.31 -1.74 -5.3
AgilityDynTacti THY 25.57 21.80 22.52 -1.94 -7.9 BNYMellonEM BKEM 71.04 47.07 53.28 -14.93 -21.9 n ColumbiaSelSem SEMI 20.55 13.67 15.52 ... ... DirexRegBksBl3x DPST 67.69 20.04 22.55 -27.15 -54.6 FTCboeUSDeepSep DSEP 33.20 28.89 30.65 -2.47 -7.4
BKGI 27.89 SBND 19.79 RETL 39.66
m er

AgilityMgdRisk MRSK 30.07 24.63 25.68 -3.78 -12.8 n BNYM GlbInfr 25.47 26.81 ... ... ColumbiaShDuration 17.46 17.89 -1.93 -9.7 DirexRetailBull3 5.76 6.95 -29.48 -80.9 FTCboeUSEqDec XDEC 30.94 27.13 29.76 -1.04 -3.4
n AkrosMonthlyPay MPAY 24.55 21.67 22.21 ... ... BNYMellonHYBeta BKHY 55.11 44.16 46.05 -9.04 -16.4 ColumbiaUSESGEq ESGS 43.57 32.33 37.38 -0.82 -2.1 DirexRobAI2X UBOT 44.44 8.93 12.02 -31.62 -72.5 FTCboeUSEqJun XJUN 32.08 28.83 30.65 0.03 0.1
AlerianEnergyInfr ENFR 24.52 18.96 21.16 2.21 11.7 BNYMellonIntl BKIE 75.65 51.99 62.30 -12.04 -16.2 CommSvsSPDR XLC 78.73 44.86 47.99 -29.69 -38.2 DirexS&P500Br3 SPXS 31.42 15.87 22.30 5.92 36.1 n FTCboeUSEqSep XSEP 32.81 28.92 30.92 ... ...
AlerianMLPETF AMLP 42.47 32.25 38.07 5.33 16.3 n BNYM RespHoriz RHCB 50.58 42.53 44.51 ... ... n ConductorGlbEquity CGV 13.70 12.00 13.22 ... ... DirexS&P500Bl3 SPXL 147.98 48.97 62.11 -81.30 -56.7 n FT EnerIncm EIPX 20.84 19.46 19.93 ... ...
AlexisPractical LEXI 27.24 21.21 22.97 -4.11 -15.2 BNYM ShDurCpBd BKSB 50.48 45.61 46.76 -3.78 -7.5 n ConstCapESGOrph ORFN 21.21 17.67 20.67 ... ... DirexS&P500Bull2X SPUU 118.85 59.98 70.75 -45.72 -39.3 n FairleadTactical TACK 26.98 22.00 23.38 ... ...
AlgerMC40 FRTY 20.11 11.20 11.54 -8.44 -42.2 BNYMellonSustGlbEM BKES 50.58 35.97 38.93 -11.34 -22.6 CnsmrDiscSelSector XLY 211.81 126.00 129.16 -75.28 -36.8 DirexS&PBiotechBr3 LABD 85.28 15.70 17.25 -8.49 -33.0 FedHermesShDur FCSH 25.07 22.69 23.22 -1.87 -7.5
Alger35 ATFV 20.43 12.70 13.06 -7.34 -36.0 BNYMellonSustIntl BKIS 51.49 33.89 40.02 -11.32 -22.0 CnsStapleSelSector XLP 81.34 66.17 74.55 -2.56 -3.3 DirexS&PBiotechBl3 LABU 39.50 4.06 7.07 -28.93 -80.4 FedHermesShDur FHYS 25.25 21.65 22.04 -3.22 -12.8
m rp

AllianzUSLCBf10A APRT 29.95 25.66 27.41 -1.88 -6.4 BNYMellonSustUSEq BKUS 49.97 37.95 39.10 -12.14 -23.7 n ConvergenceLS CLSE 16.33 13.19 14.69 ... ... DirexS&P500Br1 SPDN 18.32 13.90 16.51 2.46 17.5 n FedHermesUSStr FDV 26.87 24.80 25.44 ... ...
n AllzIMUSLCBuff10 DECT 27.39 23.65 23.99 ... ... BNYM LC Core BKLC 90.54 64.35 70.10 -19.52 -21.8 n ConvexDly1.5x SPKY 37.50 18.82 19.22 ... ... n DirexS&P500EWBl2 EVEN 26.11 15.27 19.03 ... ... FidelityBlueChipGr FBCG 35.17 20.37 21.09 -13.54 -39.1
AllianzUSLCBf10J JANT 28.37 23.12 25.30 -2.91 -10.3 BNYM US MC Core BKMC 94.92 71.55 78.35 -16.50 -17.4 n Convex1xSpikes SPKX 33.30 21.18 21.51 ... ... DirexHiBetaBear3X HIBS 14.63 5.58 7.63 -0.63 -7.6 FidelityBlueChipV FBCV 30.37 24.97 28.16 -1.25 -4.3
AllianzUSLCBf10J JULT 29.53 25.66 27.69 -1.63 -5.6 BNYM US SC Core BKSE 97.84 71.46 77.57 -18.97 -19.7 CorbettRdTactOpp OPPX 28.62 20.52 21.65 -7.04 -24.5 DirexHiBetaBull3X HIBL 81.00 17.34 23.69 -50.91 -68.2 FidelityClnEner FRNW 28.00 18.62 21.75 -2.99 -12.1
n AllianzUSLCBf10N NVBT 29.04 24.25 25.07 ... ... BNYMellonUltraSh BKUI 49.77 48.63 48.84 -0.94 -1.9 CoreAlternative CCOR 33.55 29.22 31.58 0.42 1.3 DirexS&POil&GasBr2 DRIP 53.50 10.66 14.22 -39.58 -73.6 FidelityCloud FCLD 25.35 13.20 14.79 -10.47 -41.5
AllianzUSLCB10O OCTT 30.57 26.07 28.25 -2.16 -7.1 n BTDCapitalFund DIP 30.35 23.68 24.21 ... ... CornerCapFundLC FUNL 36.39 29.32 32.64 -2.61 -7.4 DirexS&POilBl2 GUSH 257.76 84.50 145.47 57.70 65.7 FidelityCorpBd FCOR 54.84 42.30 44.84 -10.17 -18.5
AllianzUSLCBf20A APRW 27.34 24.82 26.26 -0.79 -2.9 BallastSmMid MGMT 38.24 28.45 31.76 -5.74 -15.3 CS S&P MLP MLPO 48.80 8.35 13.22 4.10 45.0 DirexSelLCbl2 FNGG 24.29 2.80 3.04 -20.62 -87.2 n FidelityCrypto FDIG 25.72 9.90 10.45 ... ...
n AllzIMUSLCBuffer20 DECW 26.45 24.17 24.41 ... ... iPathBCarbon GRN 39.10 22.23 31.63 -0.02 -0.1 CSX-LinksCrudeOil USOI 118.00 75.80 83.25 -20.55 -19.8 DirexSemiBr3x SOXS 89.59 26.80 39.51 5.31 15.5 FidelityDigHlth FDHT 25.66 16.02 18.61 -6.51 -25.9
ATMP 24.84 GLDI 175.80 SOXL 74.21
co Fo

AllianzUSLCBf20J JANW 26.76 24.08 26.45 -0.16 -0.6 BarclaysETN+Select 15.48 18.76 3.22 20.7 CSXLGoldCvETN 139.27 147.07 -22.13 -13.1 DirexSemiBl3 6.21 9.67 -58.34 -85.8 FidelityDivRising FDRR 46.15 35.13 39.85 -5.52 -12.2
AllianzUSLCBf20J JULW 29.45 25.39 26.88 -0.29 -1.1 Barron's400ETF BFOR 64.88 48.34 53.30 -11.14 -17.3 CSX SilverETN SLVO 108.20 71.80 88.41 -13.19 -13.0 Direx7-10TreaBr3 TYO 15.09 8.61 13.44 4.97 58.7 FidelityElcVeh FDRV 28.26 14.59 15.28 -12.19 -44.4
n AllianzUSLCBf20N NVBW 28.71 24.45 25.20 ... ... BitwiseCrypto BITQ 21.63 3.20 3.39 -17.62 -83.9 CrossBridgePreMerg SPC 20.99 19.96 20.68 0.18 0.9 Direx7-10TreaBull TYD 51.74 26.97 29.62 -22.91 -43.6 FidelityGrwOpps FGRO 20.99 12.23 12.67 -8.03 -38.8
AllianzUSLCB10 OCTW 28.43 25.82 27.83 0.15 0.5 n BitwiseWeb3 BWEB 27.00 20.96 21.96 ... ... CultivarETF CVAR 27.05 21.90 22.85 -2.57 -10.1 DirexScBear3 TZA 53.15 25.38 35.21 8.17 30.2 FidelityHiDiv FDVV 42.28 32.35 37.30 -3.00 -7.4
AllianzIMUSLC6MAO SIXO 26.97 23.07 24.59 -1.47 -5.7 n BlkRkFRLoan BRLN 51.64 50.35 50.83 ... ... DBGoldDoubleLg DGP 62.61 29.38 37.23 -2.18 -5.5 DirexSCBull3 TNA 89.96 27.12 31.70 -53.05 -62.6 FidelityHYFactor FDHY 54.64 43.78 46.00 -8.60 -15.8
n AllianzIMUSLC6MJJ SIXJ 25.26 21.51 22.48 ... ... BlkRkFutClimt BECO 25.73 17.53 20.10 -5.53 -21.6 DBGoldDoubleShrt DZZ 3.63 2.03 2.77 0.07 2.8 DirexSoftBull2X SWAR 23.92 7.54 8.49 -15.84 -65.1 FidelityIntlHiDiv FIDI 22.44 15.50 18.65 -1.94 -9.4
n AlphaArHiInfltn HIDE 24.97 23.37 23.42 ... ... n BlkRkFutFin BPAY 24.45 19.78 20.41 ... ... DBGoldShortETN DGZ 11.66 8.73 10.43 0.49 4.9 DirexKRBull3 KORU 27.12 4.56 7.50 -17.75 -70.3 FidelityIntlValue FIVA 25.66 17.45 21.08 -3.31 -13.6
AlphaIntQuMom IMOM 34.05 22.70 24.89 -8.92 -26.4 BlkRkFutureHlth BMED 28.81 20.51 23.20 -5.69 -19.7 DavisFinl DFNL 33.48 24.35 27.07 -3.49 -11.4 n DirexTIPSBear2X TIPD 30.64 24.79 27.32 ... ... FidelityIGBd FIGB 50.07 40.87 42.41 -7.74 -15.4
AlphaIntQuVal IVAL 27.88 19.97 21.91 -4.40 -16.7 BlkRkFutInnov BFTR 43.82 22.13 24.33 -19.28 -44.2 DavisSelectIntl DINT 20.51 13.70 17.67 -1.73 -8.9 n DirexTIPSBull2X TIPL 25.50 19.41 19.56 ... ... FidelityIGSecur FSEC 49.15 40.40 42.19 -7.13 -14.5
n AlphaArch1-3M BOXX 100.10 100.03 100.10 ... ... BlkRkFutureTech BTEK 34.77 16.89 17.47 -17.42 -49.9 DavisUSEquity DUSA 36.42 24.67 27.17 -7.02 -20.5 n DirexTSLABr1x TSLS 56.31 22.79 49.09 ... ... FidelityLtdTermBd FLTB 51.79 46.88 47.97 -3.82 -7.4
AlphaUSQuMom QMOM 51.58 40.98 45.93 -4.25 -8.5 BlkRkFutureUSThem BTHM 25.56 18.74 20.71 -4.72 -18.6 DavisWorldwide DWLD 31.16 21.20 24.86 -4.33 -14.8 n DirexTSLABl1.5x TSLL 28.08 5.17 6.25 ... ... FidelityLowDurBd FLDR 50.95 48.58 49.48 -1.21 -2.4
AlphaUSQuVal QVAL 38.53 27.86 32.16 -5.01 -13.5 BlkRkHYMuniIncm HYMU 26.09 19.89 21.11 -4.99 -19.1 DayHaganNedRes SSUS 37.69 28.54 30.47 -6.76 -18.2 DirexTechBear3 TECS 62.87 27.00 40.57 12.60 45.0 FidelityLowVol FDLO 52.38 41.37 46.18 -6.13 -11.7
AlphaArchValMom VMOT 27.00 22.99 24.38 -2.42 -9.0 BlkRkIntermMuni INMU 25.53 22.59 23.12 -2.42 -9.5 DayHaganSmFx SSFI 24.79 20.85 21.30 -3.59 -14.4 DirexTechBull3 TECL 89.40 18.09 22.10 -64.13 -74.4 FidelityCommSvs FCOM 52.00 29.70 31.06 -20.30 -39.5
AlphaDog RUFF 25.20 17.01 17.40 -6.73 -27.9 BlkRkShMaturityBd NEAR 49.96 48.99 49.27 -0.68 -1.4 n DayHaganSmIntl SSXU 26.30 22.21 25.22 ... ... DirexTransportBl3 TPOR 53.65 16.71 21.61 -30.71 -58.7 FidelityMSCICnDisc FDIS 90.92 55.35 56.68 -31.60 -35.8
AlphaIntellLCGwth AILG 24.99 14.69 15.50 -9.89 -39.0 BlkRkShMatMuni MEAR 50.12 49.54 49.72 -0.39 -0.8 n DefDlyShDigit IBIT 34.41 22.65 31.39 ... ... DirexTravelBull2X OOTO 22.11 8.05 9.82 -9.29 -48.6 FidelityMSCICnStpl FSTA 49.03 39.90 44.81 -1.86 -4.0
AlphaIntelliLCVal AILV 27.24 22.18 23.54 -3.19 -11.9 BlkRkUSCarbon LCTU 54.32 39.18 42.42 -11.44 -21.2 DefianceDigiRevol NFTZ 19.00 4.15 4.33 -14.07 -76.5 Direx20+TreaBr3 TMV 183.13 55.78 136.25 81.79 150.2 FidelityMSCIEn FENY 25.98 15.20 23.84 8.66 57.0
AlphaMarkActMgd SMCP 30.78 22.50 23.90 -6.88 -22.4 BlkRkUSEqRotat DYNF 37.73 27.01 29.44 -8.07 -21.5 DefianceHotel CRUZ 23.93 13.87 16.06 -5.17 -24.4 Direx20+YrTrBull TMF 27.51 6.15 7.62 -20.52 -72.9 FidelityMSCIFinls FNCL 59.39 42.22 47.94 -7.98 -14.3
n AltriusGlbDiv DIVD 29.74 24.37 28.68 ... ... BlkRkUltShBd ICSH 50.42 49.84 50.04 -0.35 -0.7 DefianceNextGen FIVG 42.32 26.80 29.87 -11.83 -28.4 DirexUSInfrBull2X DOZR 31.71 20.87 26.45 -3.18 -10.7 FidelityMSCIHlthCr FHLC 68.60 55.92 63.98 -4.68 -6.8
AltEventDriven EVNT 10.19 8.85 9.04 -1.12 -11.0 BlkRkWxUSCarbon LCTD 48.20 32.94 38.57 -9.00 -18.9 DefNextGenH2 HDRO 19.54 8.07 9.39 -9.73 -50.9 DirexUtilBl3X UTSL 49.54 21.91 33.85 -5.96 -15.0 FidelityMSCIIndls FIDU 57.18 43.51 50.71 -5.49 -9.8
AltMergerArb ARB 27.80 24.59 25.76 -0.38 -1.5 BlueHorizBNE BNE 29.30 20.67 23.11 -5.59 -19.5 DefianceQuantum QTUM 56.69 33.70 39.19 -16.62 -29.8 DirexHydrogen HJEN 21.19 12.09 13.58 -7.00 -34.0 FidelityMSCIIT FTEC 136.77 86.19 94.51 -40.89 -30.2
n-

n AmberInvestUSA IUSA 18.54 14.50 15.55 ... ... BlueStarIsrael ITEQ 63.79 41.12 44.02 -19.19 -30.4 DemocracyIntlFd DMCY 26.54 18.78 21.81 -4.23 -16.3 DirexMoonInnov MOON 27.97 9.78 10.50 -16.47 -61.1 FidelityMSCIMatls FMAT 51.43 37.43 43.65 -6.69 -13.3
AmCentDivrsCpBd KORP 51.68 43.90 45.33 -6.49 -12.5 n BondBBUSDHYCpBd XBB 41.69 37.31 38.56 ... ... DemLCCore DEMZ 30.40 21.34 23.84 -5.88 -19.8 DirexmRNA MSGR 23.65 11.55 14.24 -9.50 -40.0 FidelityRealEst FREL 34.83 22.29 24.81 -9.91 -28.5
AmCentDivrsMuni TAXF 55.35 47.11 48.93 -6.32 -11.4 n BondBUSDHYCpBd XB 41.75 36.93 37.89 ... ... DimenCoreFxIncm DFCF 50.07 39.65 41.52 -8.60 -17.2 DirexNanotech TYNE 23.96 13.27 16.60 -6.96 -29.5 FidelityMSCIUtils FUTY 50.25 39.14 45.58 -0.74 -1.6
AmCentEMBd AEMB 48.07 34.37 37.51 -11.00 -22.7 n BondBbg5yUS XFIV 49.89 47.88 48.80 ... ... DimenEmgCore DFAE 28.31 19.43 21.95 -5.41 -19.8 DirexNasd100EW QQQE 85.47 57.41 63.83 -21.48 -25.2 FidelityMagellan FMAG 25.35 16.76 18.44 -6.85 -27.1
AmCentFocDyn FDG 81.82 49.40 51.88 -28.86 -35.7 n BondBbg1yUS XONE 50.00 49.63 49.70 ... ... n DimenEMCore2 DFEM 26.68 19.90 22.46 ... ... DirexWorkFrHome WFH 74.23 38.56 40.45 -33.74 -45.5 n FidelityMetaverse FMET 25.10 17.21 20.28 ... ...
AmCentFocLCV FLV 63.49 52.51 58.80 -2.39 -3.9 n BondBbg7yUS XSVN 49.79 47.17 48.19 ... ... n DimenEMHiProf DEHP 25.98 19.70 22.23 ... ... DisciplineFund DSCF 25.00 19.70 20.71 -4.34 -17.3 FidelityMomFactor FDMO 54.09 40.02 42.82 -10.87 -20.2
LVOL XHLF 50.35 49.99 50.06 ... ... DFSE 29.13 25.34 28.18 ... ... DSTX 26.00 17.55 20.14 -5.59 -21.7 ONEQ
no

AmCentLowVol 49.25 38.12 42.33 -7.05 -14.3 n BondBbg6mUS n DimenEMSus1 DistillateIntlFund FidelityNasdaq 61.85 39.52 40.97 -19.93 -32.7
AmCentMCGrw MID 56.66 37.34 41.42 -15.66 -27.4 n BondBbg10yUS XTEN 50.01 45.78 47.63 ... ... n DimenEMValue DFEV 25.79 20.26 22.61 ... ... n DistillateS/MCash DSMC 28.84 23.50 26.90 ... ... FidelityNewMill FMIL 31.36 25.74 29.12 -0.51 -1.7
AmCentMulti MUSI 49.52 41.80 42.76 -6.81 -13.7 n BondBbg3yUS XTRE 49.79 48.68 49.17 ... ... n DimenGlbRealEstate DFGR 26.25 23.77 24.40 ... ... DistillUSFundSt DSTL 46.88 36.33 40.80 -5.48 -11.8 FidelityPfdSecs FPFD 25.09 19.29 19.80 -5.29 -21.1
AmCentQualCv QCON 48.69 37.88 38.96 -9.78 -20.1 n BondBbg20yUS XTWY 50.64 42.21 45.44 ... ... n DimenGlbSust DFSB 52.02 50.00 50.10 ... ... n DivPerformers IPDP 17.27 11.48 13.31 ... ... FidelityQualFactor FQAL 56.15 40.56 44.40 -11.71 -20.9
AmCentQulDivIn QINT 51.85 34.14 39.85 -11.59 -22.5 n BondBbg2yUS XTWO 49.88 49.08 49.37 ... ... DimensInflatProt DFIP 49.90 40.47 41.16 -8.50 -17.1 DonoghueForYdEnh DFRA 28.82 22.60 25.53 -0.24 -0.9 FidelityRealEst FPRO 27.65 18.05 20.13 -7.37 -26.8
AmCentQualPfd QPFF 41.12 33.56 34.27 -6.94 -16.8 n BondCCCUSDHYCpBd XCCC 41.84 35.97 36.27 ... ... DimenIntlCore DFAI 30.20 21.05 25.04 -4.53 -15.3 n DoubleLineOpp DBND 49.60 44.21 45.48 ... ... FidelityS-MCOpps FSMO 24.66 18.14 20.28 -4.11 -16.8
AmCentStoxxUSQ QGRO 77.49 52.88 57.72 -19.12 -24.9 n BondJPMUSDEM1 XEMD 41.61 37.07 39.45 ... ... n DimenIntlCore2 DFIC 25.45 18.70 22.35 ... ... n DoubleLineShill CAPE 26.91 19.15 21.01 ... ... FidelitySmallMid FSMD 36.36 28.51 31.33 -4.48 -12.5
AmCentStxUSQual VALQ 53.85 41.99 47.54 -5.40 -10.2 n BondUSDHYBdCns XHYC 40.32 33.54 34.35 ... ... n DimenIntlHiProf DIHP 25.59 18.60 22.05 ... ... n DynShVolFut WEIX 20.36 13.95 18.13 ... ... FidelityStkInfl FCPI 35.15 28.12 30.95 -2.96 -8.7
AmerCenturySelHY AHYB 50.12 41.52 42.90 -7.29 -14.5 n BondUSDHYBdCnsNn XHYD 40.14 34.51 35.74 ... ... n DimenIntlSC DFIS 25.38 17.91 21.51 ... ... n EABridgewayBlueChp BBLU 11.26 7.88 8.05 ... ... n FidelitySustCore FSBD 50.35 44.85 46.21 ... ...
n AmCentShDur SDSI 51.05 49.97 50.69 ... ... n BondUSDHYBdEner XHYE 40.40 35.57 36.87 ... ... n DimenIntlSCValue DISV 25.29 18.16 22.21 ... ... EmgqEM Internet EMQQ 44.20 20.77 29.73 -13.17 -30.7 n FidelitySustHY FSYD 50.77 43.03 44.43 ... ...
AmCentSustEq ESGA 60.86 43.80 48.15 -12.21 -20.2 n BondUSDHYBdFin XHYF 40.15 33.79 34.99 ... ... n DimenIntlSus1 DFSI 28.85 24.55 27.79 ... ... ETCGavekalAP AGOV 97.88 75.41 78.97 -19.09 -19.5 n FidelitySustLoDur FSLD 50.56 49.68 49.87 ... ...
AmCentSustGrowth ESGY 46.38 30.76 32.04 -14.02 -30.4 n BondUSDHYBdHlthcr XHYH 40.34 31.75 32.53 ... ... DimenIntlValue DFIV 35.62 25.52 30.40 -2.42 -7.4 ETC6MeridHdg SIXH 33.34 27.99 32.39 1.42 4.6 FidelitySustUS FSST 22.47 16.32 18.10 -4.27 -19.1
AmConsValues ACVF 35.86 26.50 29.73 -5.89 -16.5 n BondUSDHYBdInd XHYI 40.20 34.54 35.97 ... ... DimenNatlMuniBd DFNM 50.40 46.44 47.81 -2.58 -5.1 ETC6MeridLowBeta SIXL 35.98 29.87 32.85 -3.18 -8.8 FidelityTargEM FDEM 26.68 19.01 21.45 -4.21 -16.4
AmCustSatisfCore ACSI 53.69 40.34 41.69 -11.46 -21.6 n BondUSDHYBdTel XHYT 40.12 33.62 33.96 ... ... DimenShDurFix DFSD 50.08 45.17 46.09 -3.91 -7.8 ETC6MeridMega SIXA 37.00 29.62 33.52 -2.84 -7.8 FidelityTargIntl FDEV 29.91 20.76 24.19 -5.57 -18.7
AmplifyBlackSwan SWAN 34.38 23.94 24.45 -10.09 -29.2 n BrandyDynUSLCV DVAL 13.55 11.17 11.45 ... ... DimenUSCore DFAU 33.36 24.62 27.02 -5.98 -18.1 ETC6MeridQulGrw SXQG 27.08 18.63 20.73 -6.54 -24.0 FidelityTotalBd FBND 52.95 43.25 45.02 -8.00 -15.1

JOURNAL REPORT | NASDAQ 2022 TRADING SUMMARY

Net Pct Net Pct Net Pct Net Pct Net Pct
Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg

23andMe ME dd 7.19 2.04 2.16 -4.50 -67.6 Usio USIO dd 4.58 1.22 1.65 -2.71 -62.2 Vertex VERX dd 19.30 9.44 14.51 -1.36 -8.6 WD-40 WDFC 33 255.31 145.16 161.21 -83.43 -34.1 WynnResorts WYNN dd 96.50 50.20 82.47 -2.57 -3.0
TwinDisc TWIN 32 18.20 7.91 9.72 -1.24 -11.3 UtahMedProducts UTMD 23 109.50 80.10 100.53 0.53 0.5 VertexPharm VRTX 23 324.75 214.66 288.78 69.18 31.5 WSFS Financial WSFS 14 56.30 37.03 45.34 -4.78 -9.5
TwistBiosci TWST
2seventybio TSVT
dd
dd
84.63 21.78 23.81 -53.58 -69.2
27.04 8.44 9.37 -16.26 -63.4
UTStarcom UTSI
Uxin UXIN
dd 5.00 2.44 3.55 0.07 2.0
dd 17.50 2.21 2.88 -12.92 -81.8
VerveTherap VERV
ViaRenewables VIA
dd 43.00
dd 11.80
10.70
4.89
19.35 -17.52
5.11 -6.32
-47.5
-55.3
WW Intl
Wag!
WW
PET
dd
dd
17.48
13.13
3.28 3.86 -12.27
1.96 3.08 -6.70
-76.1
-68.5
XYZ
2U TWOU dd 20.98 4.70 6.27 -13.80 -68.8 ViantTech DSP dd 10.23 3.15 4.02 -5.68 -58.6 Wag!Wt PETWW ... 0.49 0.10 0.12 -0.37 -75.2 XOMA XOMA 55 32.09 15.68 18.40 -2.45 -11.8
TyraBiosciences TYRA dd 14.27 4.93 7.60 -6.47 -46.0 V ViaSat
Viatris
VSAT
VTRS
dd 52.72
17 15.60
25.38
8.42
31.65 -12.89
11.13 -2.40
-28.9
-17.7
WalgreensBoots WBA
WalkMe WKME dd
7 55.00
19.98
30.39 37.36 -14.80
6.87 11.18 -8.45
-28.4
-43.0
XP
XBiotech
XP
XBIT
12
dd
36.36
11.90
13.77
3.00
15.34 -13.40
3.51 -7.62
-46.6
-68.5
U VMG Consumer VMGAU
n VMGConsumerA VMGA
...
dd
10.63
10.29
9.96 10.16
9.82 10.15
0.01
...
0.1
...
ViaviSolutions VIAV
Vicor VICR
24 18.14
91 128.96
9.99
42.90
10.51 -7.11
53.75 -73.23
-40.4
-57.7
WarnerBrosA WBD
WarnerMusic WMG
dd
33
31.55
44.64
8.82 9.48 -14.06
21.57 35.02 -8.16
-59.7
-18.9
XcelBrands XELB
XcelEnergy XEL
dd
23
1.99
77.66
0.67
56.89
0.70 -0.39
70.11 2.41
-35.8
3.6
UFP Inds UFPI 7 94.80 64.12 79.25 -12.76 -13.9 n VMGConsumerWt VMGAW ... 0.60 0.02 0.04 ... ... VictoryCapital VCTR 7 37.35 22.22 26.83 -9.70 -26.6 WashingtonFederal WAFD 10 39.17 29.46 33.55 0.17 0.5 Xencor XNCR 54 42.30 19.36 26.04 -14.08 -35.1
UMB Fin UMBF 10 112.24 76.97 83.52 -22.59 -21.3 VNET VNET dd 10.29 3.51 5.67 -3.36 -37.2 View VIEW dd 4.04 0.37 0.96 -2.95 -75.3 WashTrBcp WASH 11 60.96 45.60 47.18 -9.19 -16.3 XenonPharms XENE dd 41.39 24.60 39.43 8.19 26.2
USCB Financial USCB ... 15.67 11.00 12.20 -1.80 -12.9 VOXX Intl VOXX dd 13.34 5.85 8.38 -1.79 -17.6 ViewWt VIEWW ... 0.65 0.03 0.03 -0.48 -93.3 WaterstoneFinl WSBF 13 22.74 15.70 17.24 -4.62 -21.1 XerisBiopharma XERS dd 3.10 1.14 1.33 -1.60 -54.6
US Lime&Min USLM 19 154.00 102.12 140.76 11.74 9.1 VSE VSEC 20 62.52 31.85 46.88 -14.06 -23.1 ViewRay VRAY dd 5.87 2.39 4.48 -1.03 -18.7 WeatherfordIntl WFRD dd 51.62 16.96 50.92 23.20 83.7 Xerox XRX dd 24.14 11.80 14.60 -8.04 -35.5
n UTA Acqn A UTAA cc 10.31 9.72 10.21 ... ... Vacasa VCSA dd 9.38 1.08 1.26 -7.06 -84.9 n VigilNeurosci VIGL dd 18.27 2.18 12.50 ... ... Weibo WB 74 36.51 10.02 19.12 -11.86 -38.3 XilioTherap XLO dd 16.34 1.95 2.69 -13.31 -83.2
UTA Acqn Un UTAAU ... 10.70 9.92 10.12 0.04 0.3 Vaccitech VACC 4 12.20 2.02 2.35 -8.76 -78.8 VikingTherap VKTX dd 9.62 2.02 9.40 4.80 104.3 Wejo WEJO dd 7.72 0.38 0.48 -6.36 -93.0 Xometry XMTR dd 64.35 26.61 32.23 -19.02 -37.1
n UTA Acqn Wt UTAAW ... 1.00 0.07 0.10 ... ... VahannaTechI VHNAU ... 10.21 9.87 10.20 0.13 1.3 VillageSuper A VLGEA 11 25.09 19.09 23.29 -0.10 -0.4 WejoWt WEJOW ... 1.29 0.03 0.05 -1.05 -95.5 Xos XOS dd 3.54 0.43 0.44 -2.71 -85.9
uCloudlink UCL dd 6.59 0.46 3.34 -3.25 -49.3 n VahannaTechI A VHNA cc 10.48 9.85 10.24 ... ... Vimeo VMEO dd 18.37 3.07 3.43 -14.53 -80.9 WelsbachTech WTMAU ... 10.68 9.94 10.13 0.10 1.0 XosWt XOSWW ... 0.48 0.03 0.04 -0.36 -89.7
Udemy UDMY dd 19.78 9.46 10.55 -8.99 -46.0 n VahannaTechI Wt VHNAW ... 0.50 0.01 0.01 ... ... VinciPartners VINP 12 14.57 7.80 9.04 -1.66 -15.5 n WelsbachTech WTMA dd 10.20 9.72 10.20 ... ... Xunlei XNET 6 2.16 0.84 1.82 -0.19 -9.5
UltaBeauty ULTA 21 483.80 330.80 469.07 56.73 13.8 ValleyNatlBncp VLY 11 15.10 10.01 11.31 -2.44 -17.7 VintageWineEstates VWE dd 12.36 2.13 3.26 -8.56 -72.4 n WelsbachTechRt WTMAR ... 0.30 0.02 0.20 ... ... Y-mAbsTherap YMAB dd 20.48 2.94 4.88 -11.33 -69.9
UltraClean UCTT 26 60.49 23.32 33.15 -24.21 -42.2 Valneva VALN dd 53.11 9.77 12.72 -42.79 -77.1 ViomiTech VIOT dd 2.53 0.70 1.07 -1.35 -55.8 Wendy's WEN 26 24.48 15.77 22.63 -1.22 -5.1 Yandex YNDX 12 61.79 14.11 18.94 -41.56 -68.7
UltragenyxPharm RARE dd 88.12 33.36 46.33 -37.76 -44.9 n Valuence I Wt VMCAW ... 0.50 0.04 0.06 ... ... ViperEnergyPtrs VNOM 14 36.10 21.44 31.79 10.48 49.2 WerewolfTherap HOWL dd 12.86 1.39 2.05 -9.86 -82.8 Yellow YELL dd 13.42 2.43 2.51 -10.08 -80.1
VIR WernerEnterprises WERN 10 48.79 35.84 40.26 -7.40 -15.5 YORW
Ultralife ULBI dd 6.26 3.67 3.86 -2.18 -36.1 n Valuence I VMCAU ... 12.34 9.99 10.79 ... ... VirBiotech 3 41.85 18.05 25.31 -16.56 -39.6 YorkWater 33 49.77 36.85 44.98 -4.80 -9.6
ViractaTherap VIRX WesBanco WSBC 12 41.37 29.50 36.98 1.99 5.7
YOTA
Umpqua UMPQ 11 22.06 15.77 17.85 -1.39 -7.2 n ValuenceI A VMCA dd 10.65 9.97 10.33 ... ... dd 5.75 1.21 1.46 -2.19 -60.0 n YottaAcqn ... 10.09 9.80 10.04 ... ...
VIRC WestBancorp WTBA 9 32.60 20.39 25.55 -5.52 -17.8
UnicoAmerican UNAM dd 3.70 1.07 1.62 -1.82 -53.0 VandaPharm VNDA 66 16.93 6.73 7.39 -8.30 -52.9 VircoMfg dd 5.00 2.63 4.52 1.51 50.2 n YottaAcqn YOTAU ... 10.96 9.90 9.96 ... ...
WestamericaBncp WABC 15 63.86 52.04 59.01 1.28 2.2
UnionBankshares UNB 9 33.03 21.29 24.01 -5.82 -19.5 VarexImaging VREX 28 32.41 18.90 20.30 -11.25 -35.7 VirginOrbit VORB dd 11.28 1.61 1.85 -6.19 -77.0 n YottaAcqnRt YOTAR ... 0.16 0.06 0.16 ... ...
n WesternAcqn WAVSU ... 12.79 9.93 11.00 ... ...
uniQure QURE dd 28.25 12.52 22.67 1.93 9.3 VaronisSystems VRNS dd 51.60 15.61 23.94 -24.84 -50.9 VirginOrbitWt VORBW ... 1.94 0.12 0.18 -1.22 -87.1
n WesternAcqn WAVS dd 12.67 9.80 11.55 ... ...
n YottaAcqnWt YOTAW ... 0.11 0.01 0.03 ... ...
UnitedAirlines UAL dd 53.12 30.54 37.70 -6.08 -13.9 VascularBiogenics VBLT dd 2.20 0.10 0.12 -1.85 -93.9 VirtuFinancial VIRT 7 38.63 19.59 20.41 -8.42 -29.2 n WesternAcqnWt WAVSW ... 0.17 ... 0.07 ... ... Yunji YJ dd 1.42 0.53 0.82 0.19 30.6
UnitedBkshrsWV UBSI 15 44.15 33.11 40.49 4.21 11.6 VastaPlatform VSTA dd 6.53 3.52 4.00 -0.23 -5.4 VirtusInvtPtrs VRTS 11 302.90 141.80 191.44-105.66 -35.6 WesternDigital WDC 11 69.36 29.73 31.55 -33.66 -51.6 ZaiLab ZLAB dd 65.03 20.98 30.70 -32.15 -51.2
UtdCmtyBks UCBI 14 39.50 27.85 33.80 -2.14 -6.0 Vaxcyte PCVX dd 48.19 16.78 47.95 24.16 101.6 n ViscogliosiBros VBOCU ... 10.55 9.80 10.09 ... ... WestNewEngBncp WNEB 9 10.25 7.13 9.46 0.70 8.0 ZebraTech ZBRA 29 599.73 224.87 256.41 -338.79 -56.9
UnitedFire UFCS 13 37.26 22.96 27.36 4.17 18.0 Vaxxinity VAXX dd 10.57 1.24 1.40 -4.21 -75.0 n ViscogliosiBros VBOC dd 10.12 9.78 10.11 ... ... WestportFuelSys WPRT dd 2.73 0.75 0.77 -1.60 -67.3 ZentalisPharm ZNTL dd 84.14 17.33 20.14 -63.92 -76.0
UnitedGuardian UG 16 26.09 10.12 10.44 -6.01 -36.5 VectivBio VECT dd 9.29 3.81 8.66 3.75 76.5 n ViscogliosiBrosWt VBOCW ... 0.25 0.02 0.05 ... ... WestrockCoffee WEST dd 14.71 9.34 13.36 3.62 37.2 ZeroFox ZFOX dd 15.73 3.26 4.98 -5.05 -50.3
UnitedSecBcshrs UBFO 9 8.74 6.50 7.31 -0.81 -10.0 VeecoInstr VECO 23 32.40 16.11 18.58 -9.89 -34.7 VisionSensingUn VSACU ... 10.23 9.97 10.15 0.07 0.7 WestrockCoffeeWt WESTW ... 2.51 0.35 2.27 1.74 328.9 ZeroFoxWt ZFOXW ... 0.72 0.07 0.15 -0.55 -78.3
UnitedTherap UTHR 19 283.09 158.38 278.09 62.01 28.7 VelodyneLidar VLDR dd 5.00 0.71 0.74 -3.90 -84.1 VisionSensingA VSAC dd 10.29 9.90 10.29 0.38 3.8 WeycoGroup WEYS 7 32.45 19.89 21.16 -2.78 -11.6 ZiffDavis ZD 11 114.43 66.85 79.10 -31.76 -28.6
Uniti UNIT dd 14.25 5.34 5.53 -8.48 -60.5 VelodyneLidarWt VLDRW ... 1.97 0.25 0.26 -0.49 -66.0 VisionSensingWt VSACW ... 0.43 0.03 0.03 -0.39 -92.9 Willdan WLDN dd 35.58 10.98 17.85 -17.35 -49.3 Zillow A ZG dd 65.16 26.21 31.21 -31.01 -49.8
UnityBancorp UNTY 8 31.37 24.80 27.33 1.08 4.1 VentyxBiosciences VTYX dd 41.29 9.50 32.79 12.93 65.1 Visteon VC 31 152.10 88.82 130.83 19.69 17.7 WillisLease WLFC dd 61.01 30.22 59.01 21.36 56.7 Zillow C Z dd 65.88 26.14 32.21 -31.64 -49.6
UnityBiotech UBX dd 19.11 2.09 2.74 -11.86 -81.2 VeraBradley VRA dd 8.97 2.84 4.53 -3.98 -46.8 VitaCoco COCO cc 16.57 7.39 13.82 2.65 23.7 WillisTowers WTW 11 252.99 187.89 244.58 7.09 3.0 ZimmerEnergy ZTAQU ... 10.65 9.73 9.89 0.01 0.1
UnivDisplay OLED 27 178.75 89.41 108.04 -56.99 -34.5 VeraTherap VERA dd 29.20 12.29 19.35 -7.37 -27.6 VitalFarms VITL dd 19.38 7.89 14.92 -3.14 -17.4 WiMiHologram WIMI dd 3.35 0.56 0.74 -2.30 -75.7 ZimmerEnerA ZT 38 10.47 9.63 9.95 0.26 2.7
UnivElectro UEIC cc 41.55 16.55 20.81 -19.94 -48.9 Veracyte VCYT dd 42.95 14.85 23.73 -17.47 -42.4 Vitru VTRU 29 23.83 12.28 22.50 8.40 59.6 Wingstop WING 98 174.79 67.67 137.62 -35.18 -20.4 ZimmerEnerWt ZTAQW ... 1.34 0.10 0.16 -1.18 -88.1
UnivLogistics ULH 6 40.76 15.86 33.44 14.58 77.3 Verastem VSTM dd 2.13 0.29 0.40 -1.65 -80.4 VividSeats SEAT 41 12.52 6.48 7.30 -3.58 -32.9 Winmark WINA 21 255.03 183.94 235.83 -12.46 -5.0 n ZimVie ZIMV dd 50.40 6.67 9.34 ... ...
UnivStainless USAP dd 10.71 6.52 7.17 -0.77 -9.7 Vericel VCEL dd 43.97 17.30 26.34 -12.96 -33.0 VividSeatsWt SEATW ... 3.76 1.41 2.03 -0.80 -28.2 WintrustFin WTFC 11 105.56 76.13 84.52 -6.30 -6.9 ZionsBancorp ZION 9 75.44 45.21 49.16 -14.00 -22.2
UniversePharm UPC 5 1.88 0.50 1.45 -0.18 -11.3 VerintSystems VRNT dd 56.39 31.63 36.28 -16.23 -30.9 Vodafone VOD 13 19.05 9.94 10.12 -4.81 -32.2 WISeKey WKEY dd 9.32 1.18 1.78 -6.08 -77.4 ZoomVideo ZM 30 184.91 63.55 67.74 -116.17 -63.2
UnivestFin UVSP 11 31.93 23.48 26.13 -3.79 -12.7 VeriSign VRSN 27 253.89 155.25 205.44 -48.38 -19.1 VorBiopharma VOR dd 12.73 3.48 6.65 -4.97 -42.8 Wix.com WIX dd 163.39 53.12 76.83 -80.96 -51.3 ZoomInfoTech ZI 66 65.20 23.29 30.11 -34.09 -53.1
UpFintech TIGR dd 7.07 2.68 3.41 -1.50 -30.5 VeriskAnalytics VRSK 27 227.89 156.05 176.42 -52.31 -22.9 VoyagerTherap VYGR dd 10.60 2.60 6.10 3.39 125.1 Woodward WWD 35 129.12 79.26 96.61 -12.85 -11.7 Zscaler ZS dd 323.55 105.74 111.90-209.43 -65.2
UplandSoftware UPLD dd 21.62 6.26 7.13 -10.81 -60.3 Veritex VBTX 10 43.33 26.14 28.08 -11.70 -29.4 Vroom VRM dd 11.90 0.82 1.02 -9.77 -90.5 Workday WDAY dd 272.50 128.72 167.33-105.85 -38.7 Zumiez ZUMZ 10 49.98 18.86 21.74 -26.25 -54.7
Upstart UPST dd 161.00 12.01 13.22-138.08 -91.3 Veritone VERI dd 23.17 4.57 5.30 -17.18 -76.4 WorldAcceptance WRLD 29 243.24 58.44 65.94 -179.49 -73.1 Zymeworks ZYME dd 17.27 4.11 7.86 -8.53 -52.0
Upwork UPWK
UrbanOutfitters URBN
dd 34.83 9.79 10.44 -23.72
13 30.82 17.81 23.85 -5.51
-69.4
-18.8
VeronaPharma VRNA
VerricaPharm VRCA
dd
dd
26.23
9.85
3.41 26.13
1.77 2.75
19.41
-6.41
288.8
-70.0
W WorldwideWebb WWACU
WorldwideWebbA WWAC
...
44
10.52
10.20
9.04 9.95 -0.03
9.70 10.20 0.46
-0.3
4.7
ZynerbaPharma ZYNE
Zynex ZYXI
dd
31
3.08
14.55
0.49
4.97
0.53 -2.35
13.91 4.85
-81.6
53.5
UroGenPharma URGN dd 12.63 4.85 8.87 -0.64 -6.7 VersaBank VBNK 12 12.25 6.55 7.53 -4.38 -36.8 WaveLifeSci WVE dd 7.09 1.16 7.00 3.86 122.9 WorldwideWebbWt WWACW ... 0.76 0.01 0.03 -0.57 -95.0 n ZyVersaTherap ZVSA dd 25.00 1.38 1.57 ... ...
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

THE WALL STREET JOURNAL. Tuesday, January 3, 2023 | R11

JOURNAL REPORT | EXCHANGE-TRADED PORTFOLIOS 2022 TRADING SUMMARY

Net Pct Net Pct Net Pct Net Pct Net Pct
Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg

FidelityUSMulti FLRG 27.45 21.67 23.87 -3.39 -12.4 FrankFTSESaudiAr FLSA 44.26 32.03 33.19 -1.86 -5.3 HealthCareSelSect XLV 143.42 118.75 135.85 -5.04 -3.6 InvscDBAgriFd DBA 23.01 19.29 20.15 0.40 2.0 iShBrdUSDHYCpBd USHY 41.16 33.09 34.53 -6.66 -16.2
FidelityValFactor FVAL 53.14 39.76 43.85 -8.28 -15.9 FrankFTSESAfrica FLZA 30.06 19.30 22.52 -2.39 -9.6 HennessyESGLC STNC 31.01 22.39 25.24 -3.96 -13.6 InvscDBBaseMet DBB 27.01 17.43 19.45 -2.81 -12.6 iShBrdUSDInvCpBd USIG 59.48 46.48 49.11 -10.63 -17.8
FidelityWomen FDWM 20.96 15.30 16.83 -4.13 -19.7 FrankFTSE SKorea FLKR 28.31 16.64 19.49 -8.24 -29.7 High Yield HYLD 31.65 25.46 25.95 -5.62 -17.8 InvscDBEnerFd DBE 30.51 17.09 22.67 5.59 32.7 iShCalifMuniBd CMF 62.27 53.91 56.11 -6.22 -10.0
FieldUVAUnconMed FFIU 26.48 20.52 21.39 -4.61 -17.7 FrankFTSESwitz FLSW 36.41 25.12 29.08 -7.21 -19.9 HighlandSrLoan SNLN 15.96 14.48 14.59 -1.31 -8.2 InvscDBG10Curr DBV 28.40 24.44 25.24 0.49 2.0 iShChinaLC FXI 39.78 20.87 28.30 -8.28 -22.6
FinSelSectorSPDR XLF 41.70 29.59 34.20 -4.85 -12.4 FrankFTSETaiwan FLTW 47.71 28.98 32.70 -13.80 -29.7 n HorizonKinBlock BCDF 27.17 19.27 19.78 ... ... InvscDBGoldFd DGL 59.25 45.53 50.82 -1.53 -2.9 iShCmdCurve CCRV 31.82 19.34 20.06 -2.42 -10.8
FTActiveFactorLC AFLG 28.09 21.42 23.12 -4.96 -17.7 FrankFTSE UK FLGB 26.72 18.98 22.88 -2.52 -9.9 HorizonKinInfltn INFL 34.84 27.05 31.48 0.27 0.9 InvscDBOilFund DBO 21.12 13.49 15.21 1.66 12.3 iShConvBond ICVT 89.81 67.76 69.47 -19.71 -22.1
FTActiveFactorMC AFMC 26.76 20.02 22.18 -4.46 -16.8 FrankGenAdv HELX 48.60 28.62 30.13 -18.38 -37.9 HoyaCapHiDivYd RIET 15.87 10.11 10.74 -4.80 -30.9 InvscDBPrecMetls DBP 55.78 41.84 48.05 -0.96 -2.0 iShAggrAllocation AOA 73.34 54.00 59.75 -13.07 -17.9
FTActiveFactorSC AFSM 28.20 20.54 22.61 -5.15 -18.6 FrankHYCorp FLHY 26.24 21.13 22.05 -4.16 -15.9 HoyaCapHousing HOMZ 45.18 28.97 31.72 -13.26 -29.5 InvscDBSilverFd DBS 37.87 23.88 32.54 0.29 0.9 iShConsAllocat AOK 39.96 31.85 33.61 -6.40 -16.0
FT AlerDisr DTRE 54.23 34.94 39.00 -15.37 -28.3 FrankIntMach IQM 54.60 31.85 36.17 -18.10 -33.4 HullTacticalUS HTUS 34.57 25.86 27.80 -5.92 -17.6 InvscDBUSDBear UDN 20.45 16.75 18.50 -1.74 -8.6 iShCoreDivGrowth DGRO 56.42 43.67 50.00 -5.58 -10.0
FT AlerianUSNext RBLD 55.98 42.28 48.35 -6.46 -11.8 FrankIntlAggBd FLIA 24.44 19.18 19.20 -5.29 -21.6 HumankindUS HKND 30.08 23.97 26.52 -3.19 -10.7 InvscDBUSDBull UUP 30.76 25.36 27.81 2.18 8.5 iShCore5-10YUSDBd IMTB 50.30 40.87 42.76 -7.62 -15.1
FT AltAbsRet FAAR 37.94 28.61 29.88 1.11 3.9 FrankIntlCore DIVI 29.10 21.85 26.70 -2.08 -7.2 IQ CBRENxtRlEst ROOF 27.36 16.89 18.96 -7.64 -28.7 InvscDefEquity DEF 73.34 59.14 66.51 -6.59 -9.0 iShGrwthAllocation AOR 57.34 43.57 47.16 -9.92 -17.4
FT APxJapan FPA 32.00 22.31 25.56 -5.58 -17.9 FrankIntlLoVolHi LVHI 28.02 23.58 25.55 -0.96 -3.6 IQCandESGIntl IQSI 30.42 20.93 24.80 -5.17 -17.3 InvscDivAchvrs PFM 40.20 31.91 36.52 -3.21 -8.1 iShCoreHiDividend HDV 110.91 91.24 104.24 3.25 3.2
FT BICK BICK 32.05 22.58 24.95 -6.56 -20.8 FrankIgCp FLCO 25.64 19.70 20.87 -4.91 -19.1 IQ CandESGUSLC IQSU 41.82 30.39 31.98 -9.65 -23.2 InvscDJIADiv DJD 48.12 37.39 43.66 -1.76 -3.9 iShCoreMSCIEAFE IEFA 75.85 51.34 61.64 -13.00 -17.4
FT BrazilAlpha FBZ 14.49 9.22 10.47 -1.06 -9.2 FrankMuniGreen FLMB 27.12 22.01 23.21 -3.94 -14.5 n IQCandESGUSMC IQSM 27.36 25.27 26.31 ... ... InvscDynBiotech PBE 71.58 51.39 63.50 -7.72 -10.8 iShCoreMSCIEM IEMG 62.12 41.44 46.70 -13.16 -22.0
FT BuyWrite FTHI 23.32 18.24 19.33 -2.66 -12.1 n FrankRespGold FGLD 24.45 21.48 24.41 ... ... IQChaikinUSLC CLRG 36.18 28.38 31.40 -4.75 -13.1 InvscDynBuilding PKB 54.73 35.16 40.81 -13.76 -25.2 iShCoreMSCIEur IEUR 59.15 38.54 47.50 -10.66 -18.3
FT CA MuniHi FCAL 54.78 46.15 48.39 -6.34 -11.6 FrankSrLoan FLBL 25.13 22.87 23.03 -1.95 -7.8 IQ Chaikin US SC CSML 37.50 28.70 31.88 -4.88 -13.3 InvscDynEnerExpl PXE 36.69 19.35 29.58 10.30 53.4 iShMSCIIntlDev IDEV 68.61 47.01 55.98 -11.58 -17.1
FT CapStrength FTCS 84.42 66.01 74.95 -9.60 -11.4 FrankShDrUSGov FTSD 93.97 87.28 89.46 -4.49 -4.8 IQCleanOceans OCEN 26.10 16.25 19.39 -6.61 -25.4 InvscDynFood&Bev PBJ 49.46 41.86 45.65 0.57 1.3 iShCoreMSCIPacific IPAC 64.90 46.71 53.67 -10.19 -16.0
FT ChinaAlphaDEX FCA 28.70 18.13 21.33 -6.05 -22.1 FrankSysStyle FLSP 24.26 18.05 21.24 -0.39 -1.8 IQCleanerTrans CLNR 26.22 16.00 18.33 -7.39 -28.7 InvscDynLCGrw PWB 81.22 54.90 59.74 -21.03 -26.0 iShCoreMSCITotInt IXUS 72.34 49.42 57.88 -13.06 -18.4
FT CloudComp SKYY 104.59 55.01 57.61 -46.70 -44.8 FrankUSCoreBd FLCB 25.04 20.35 21.17 -3.95 -15.7 IQEngenderEqual EQUL 25.59 19.12 21.41 -3.67 -14.6 InvscDynLCValue PWV 50.83 41.53 47.06 -1.69 -3.5 iShModAllocation AOM 45.48 35.71 38.01 -7.46 -16.4
FT ConsDscAlpDx FXD 62.85 42.61 48.17 -13.87 -22.4 FrankUSCoreDiv UDIV 37.73 27.57 30.10 -6.42 -17.6 IQ FTSEIntlEq HFXI 25.42 18.84 21.35 -3.70 -14.8 InvscDynLeisure PEJ 50.94 34.36 36.41 -12.57 -25.7 iShCore1-5YUSDBd ISTB 50.36 45.56 46.44 -3.99 -7.9
FT ConsStaples FXG 68.54 56.78 62.77 0.86 1.4 FrankUSEquity USPX 41.84 30.69 33.23 -8.63 -20.6 IQ500IntlETF IQIN 34.06 24.04 28.28 -4.22 -13.0 InvscDynMarket PWC 125.14 92.72 103.94 -21.71 -17.3 iShCoreS&P500 IVV 482.07 349.53 384.21 -92.78 -19.5
FT DevIntlEquity RNDM 55.80 39.46 45.56 -10.01 -18.0 FrankUSLCMulti FLQL 47.06 36.17 39.24 -7.79 -16.6 n IQGlbEquR&DLdrs WRND 25.50 18.31 19.90 ... ... InvscDynMedia PBS 51.69 30.95 32.11 -18.73 -36.8 iShCoreS&P MC IJH 286.72 217.39 241.89 -41.19 -14.6
FT DevMkts FDT 62.55 41.21 47.73 -12.93 -21.3 FrankUSLowVol FLLV 51.47 41.54 46.21 -5.18 -10.1 IQGlobalResources GRES 36.84 27.70 34.14 3.57 11.7 InvscDynNetwkg PXQ 100.89 68.15 70.59 -31.70 -31.0 iShCoreS&P SC IJR 117.35 86.40 94.64 -19.87 -17.4
FT DevMktsXUS FDTS 46.57 32.02 37.56 -8.51 -18.5 FrankUSLowVol LVHD 41.41 33.21 38.04 -2.00 -5.0 IQ HealthyHearts HART 29.27 24.00 26.69 -2.58 -8.8 InvscDynOil&GasSv PXJ 5.36 3.18 5.12 1.94 61.0 iShCoreS&PTotUS ITOT 108.15 77.44 84.80 -22.18 -20.7
FT DivStrength FTDS 50.76 39.11 42.53 -7.81 -15.5 FrankUSMCMult FLQM 48.10 37.02 41.53 -6.83 -14.1 IQHedgeEvent QED 23.35 20.16 20.21 -3.14 -13.5 InvscDynPharm PJP 84.11 68.59 78.60 -2.53 -3.1 iShCoreS&PUSGrowth IUSG 116.73 76.95 81.52 -34.12 -29.5
FT DorseyDyn5 FVC 38.79 32.82 35.02 -2.81 -7.4 FrankUSSCMult FLQS 40.13 29.90 32.70 -7.18 -18.0 IQHedgeL/STracker QLS 27.90 22.09 24.11 -3.69 -13.3 InvscDynSemicon PSI 157.20 82.82 100.08 -53.44 -34.8 iShCoreS&PUSValue IUSV 78.18 62.05 70.63 -5.71 -7.5
FT DorseyFoc5 FV 50.60 39.45 46.55 -2.62 -5.3 FrankUSTreaBd FLGV 23.75 20.27 20.70 -3.20 -13.4 IQ HedMacrTrac MCRO 27.94 24.39 24.95 -2.85 -10.2 InvscDynSoftware PSJ 128.18 85.67 90.99 -36.66 -28.7 iShCore10+YUSDBd ILTB 71.57 46.54 50.92 -21.22 -29.4
FT DorseyIntl5 IFV 23.65 15.52 16.73 -6.49 -28.0 FrankUltShBd FLUD 24.92 24.33 24.46 -0.30 -1.2 IQHedgeMktNeut QMN 27.03 24.39 24.39 -2.62 -9.7 InvscESGNasdNxt QQJG 24.82 16.42 17.85 -7.00 -28.2 iShCoreTotalUSDBd IUSB 52.73 43.12 44.93 -8.00 -15.1
FT DW Momentum DDIV 34.68 26.74 28.61 -5.24 -15.5 FreedomDayDiv MBOX 27.70 22.75 25.32 -1.91 -7.0 IQ HedMultStra QAI 31.97 26.94 28.46 -3.33 -10.5 InvscESGNasd100 QQMG 26.90 17.00 18.11 -8.55 -32.1 iShCoreUSAggBd AGG 113.68 93.20 96.99 -17.09 -15.0
FT DW Mom&Low DVOL 31.73 23.38 26.28 -5.49 -17.3 Freedom100EM FRDM 35.10 24.29 27.57 -5.54 -16.7 IQMacKayCalif MMCA 24.99 20.58 21.36 -3.64 -14.6 InvscESGS&P500EW RSPE 25.59 19.36 21.71 -3.48 -13.8 iShCoreUS REIT USRT 67.89 44.80 49.45 -18.14 -26.8
FT DW Mom DVLU 26.49 20.33 22.18 -2.93 -11.7 n FundXAggressiveETF XNAV 52.75 46.49 49.78 ... ... IQMacESGCoreBd ESGB 24.76 19.97 20.65 -4.22 -17.0 n InvscElcVehicle EVMT 30.78 20.02 24.68 ... ... iShCurHdgMSCIUS HAWX 32.91 25.45 25.51 -7.01 -21.5
FTDorseyDALI1 DALI 29.76 23.32 24.28 -2.27 -8.6 n FundXETF XCOR 52.44 46.07 48.86 ... ... n IQMacKayESGHi IQHI 26.13 25.00 25.37 ... ... InvscEMSovDebt PCY 26.27 16.20 18.67 -7.68 -29.1 iShCurrHdgMSCICda HEWC 34.68 28.64 28.86 -4.32 -13.0
FT DJ GlbSelDiv FGD 26.78 18.11 21.98 -3.14 -12.5 FutureFdActive FFND 24.90 14.28 14.59 -9.66 -39.8 n IQMacKayMulti MMSB 25.50 22.89 23.69 ... ... InvscIntLowBeta IDLB 29.67 20.67 24.08 -5.50 -18.6 iShCurrHdgMSCIEAFE HEFA 36.04 26.93 27.00 -8.33 -23.6
FT DJ IntlInt FDNI 37.26 15.95 22.21 -13.83 -38.4 n GabelliAuto GAST 25.16 19.16 20.86 ... ... IQMacKayMuniIns MMIN 27.52 22.53 23.75 -3.77 -13.7 InvscFinlPfd PGF 18.81 14.12 14.40 -4.42 -23.5 iShCurHdgMSCIEAFE HSCZ 37.46 25.58 25.81 -11.00 -29.9
FT DJ Internet FDN 227.30 114.86 123.15-102.98 -45.5 n GabelliFinSvcs GABF 27.54 22.80 24.77 ... ... IQMacKayMuniInter MMIT 26.71 23.09 24.13 -2.53 -9.5 InvscFocDiscGrw IVDG 13.65 9.01 9.86 -3.99 -28.8 iShCurrHdgMSCIEM HEEM 30.68 22.19 22.94 -6.67 -22.5
FT Dow30EW EDOW 32.57 24.82 28.83 -2.93 -9.2 GabelliGrwInn GGRW 25.10 14.55 14.85 -11.63 -43.9 IQMergerArbitrage MNA 32.45 30.08 31.73 -0.52 -1.6 InvscFTSEDvMktxUS PXF 49.71 34.56 41.54 -5.84 -12.3 iShCurHdMSCIEurozn HEZU 38.60 27.77 27.78 -9.87 -26.2
FT EIP Carbon ECLN 27.93 23.02 25.68 0.86 3.5 GabelliLovePlanet LOPP 30.76 22.38 24.58 -4.93 -16.7 IQRealReturn CPI 28.29 23.92 24.64 -2.90 -10.5 InvscDevMktxUSSM PDN 37.30 24.93 29.62 -7.17 -19.5 iShCurrHdMSCIGrmny HEWG 33.59 23.17 27.00 -5.66 -17.3
FT MultAsstDiv MDIV 17.15 14.27 14.97 -1.63 -9.8 GadsdenDynMult GDMA 34.51 30.01 30.81 -1.03 -3.2 IQS&PHYLowVolBd HYLV 25.03 20.70 21.24 -3.80 -15.2 InvscFTSERAFIEM PXH 23.62 15.65 17.62 -4.27 -19.5 iShCurrHdMSCIJapan HEWJ 41.04 26.08 26.16 -13.48 -34.0
FT NasdTechDiv TDIV 64.24 41.61 47.78 -15.07 -24.0 GenerationZETF ZGEN 25.13 9.97 10.35 -14.78 -58.8 n IQUSLCR&DLdrs LRND 25.56 19.10 19.93 ... ... InvscFTSEUS1500SM PRFZ 195.06 144.81 158.41 -33.30 -17.4 iShCurrHdgMSCIUK HEWU 25.51 22.43 24.75 1.29 5.5
FT EM Alphadex FEM 27.46 18.20 21.03 -5.06 -19.4 GlbXAdaptiveUS AUSF 32.73 27.62 31.08 -0.86 -2.7 n IQUSMCR&DLdrs MRND 25.93 18.67 19.61 ... ... InvscFTSEUS1000 PRF 176.73 137.81 155.15 -16.55 -9.6 iShCybersecurity IHAK 44.80 31.29 33.02 -11.59 -26.0
FT EM EquitySel RNEM 52.38 38.71 42.56 -5.51 -11.5 GlbXAdaptUSRisk ONOF 31.40 22.54 26.91 -4.25 -13.6 IQ UltShrtDur ULTR 48.83 47.04 47.47 -1.06 -2.2 InvscFundHYCpBd PHB 19.43 16.35 17.12 -2.30 -11.8 iShIntlSelDiv IDV 33.61 22.00 27.16 -4.02 -12.9
FT EM LocalCurr FEMB 32.28 23.95 26.25 -4.92 -15.8 GlbXAgingPop AGNG 29.52 22.94 26.19 -2.61 -9.1 n IQWinslowFocLCG IWFG 28.30 23.60 26.17 ... ... InvscFundInvCpBd PFIG 26.12 20.02 23.00 -3.19 -12.2 iShSelectDividend DVY 133.33 105.59 120.60 -1.99 -1.6
FT EM SC Alpha FEMS 42.05 31.29 38.94 -1.25 -3.1 GlbXAgTech KROP 20.44 14.00 14.29 -5.48 -27.7 n IQWinslowLCGrw IWLG 29.08 23.62 25.42 ... ... InvscGlbClnEner PBD 27.43 17.19 18.36 -8.47 -31.6 iShTransportAvg IYT 280.87 192.71 213.55 -62.92 -22.8
FT EnergyAlpDx FXN 19.47 11.94 17.09 5.17 43.4 GlbXAltIncome ALTY 13.55 10.29 11.01 -2.41 -18.0 iBETSportsBetting IBET 13.41 7.75 8.92 -4.35 -32.8 InvscGlblPrvEqu PSP 15.65 8.09 9.44 -6.02 -38.9 iShUSFinSvcs IYG 204.88 137.46 157.52 -35.56 -18.4
FT EnhShtMat FTSM 59.82 59.26 59.44 -0.36 -0.6 GlbXAI&Tech AIQ 31.91 18.01 20.10 -11.70 -36.8 iMGPDBiHedgeStrat DBEH 28.78 24.86 25.55 -2.06 -7.5 InvscGlbShrtHYBd PGHY 21.39 18.75 19.21 -2.16 -10.1 iShUSHealthcare IYH 301.63 247.38 283.71 -16.66 -5.5
FT EuropeAlpha FEP 43.87 25.75 32.18 -10.91 -25.3 GlbXAuto&Elc DRIV 31.71 18.91 19.87 -10.66 -34.9 iMGPDBiMgdFut DBMF 35.14 25.23 29.11 3.31 12.8 InvscGlblWater PIO 43.54 27.82 32.65 -10.80 -24.9 iShUSRealEstate IYR 116.75 75.66 84.19 -31.95 -27.5
FTEurozoneAlpha FEUZ 47.40 28.53 35.75 -10.33 -22.4 GlbXBlockchain&Bit BITS 80.60 18.69 19.12 -59.16 -75.6 n iMGP RBA Resp IRBA 10.60 8.21 8.87 ... ... InvscGoldenDragon PGJ 38.18 16.87 27.33 -9.16 -25.1 iShUSUtilities IDU 96.00 74.95 86.54 -1.89 -2.1
FT EqCompRiskMgr ERM 26.58 20.72 21.89 -4.00 -15.4 GlbXBlockchain BKCH 92.48 12.15 12.88 -74.32 -85.2 ImpactAffHous OWNS 19.58 16.33 17.07 -2.58 -13.1 InvscGrwMultAll PSMG 20.31 14.90 16.31 -2.80 -14.6 iShUSAero&Def ITA 114.29 91.02 111.86 9.08 8.8
FT DJ SelMicro FDM 65.44 49.89 55.49 -8.46 -13.2 GlbXCannabis POTX 37.32 10.50 11.13 -23.79 -68.1 ImpactNAACPMinrty NACP 36.10 25.38 26.56 -9.13 -25.6 InvscHYBd IHYF 25.39 20.54 21.04 -4.35 -17.1 iShUS Energy IYE 50.75 30.12 46.49 16.39 54.5
FT ExpTech XPND 23.04 14.29 16.11 -6.87 -29.9 GlbXCnBiotech CHB 14.17 8.02 9.42 -4.73 -33.4 ImpactSustain SDGA 27.40 19.68 21.50 -5.54 -20.5 InvscHYEquDivAch PEY 22.68 18.53 20.69 -0.37 -1.8 iSh US Finls IYF 91.95 66.04 75.47 -11.22 -12.9
FT FinlsAlpDx FXO 48.99 36.54 40.96 -5.32 -11.5 GlbXChinaInnov KEJI 17.97 10.46 12.07 -5.85 -32.7 ImpactYWCAWomen WOMN 35.78 25.83 26.48 -8.68 -24.7 n InvscHYSelect HIYS 25.30 24.74 24.74 ... ... iShUSHlthcrProv IHF 297.30 237.26 267.69 -22.59 -7.8
FT FlexMuni MFLX 21.22 15.30 16.26 -4.88 -23.1 GlbXCleanWater AQWA 17.53 12.28 13.83 -3.71 -21.2 n IndiaInternet INQQ 16.06 9.99 10.46 ... ... InvscIndia PIN 28.11 20.91 21.29 -5.46 -20.4 iShUSHomeConstrn ITB 83.04 48.02 60.60 -22.32 -26.9
FT GerAlpha FGM 54.32 27.54 35.32 -18.35 -34.2 GlbXCleanTech CTEC 18.14 11.72 14.61 -3.00 -17.0 IndSelSectorSPDR XLI 107.88 82.75 98.21 -7.60 -7.2 InvscIntlBuyBkAch IPKW 41.56 28.28 33.46 -6.38 -16.0 iShUSInsurance IAK 94.83 77.94 91.40 7.83 9.4
FT GlTactCommod FTGC 31.47 22.95 24.49 1.43 6.2 GlbXCloudComp CLOU 26.65 14.34 16.03 -10.49 -39.6 InfraCapEquity ICAP 31.85 23.02 25.14 -5.21 -17.2 InvscIntlCpBd PICB 27.87 18.50 21.16 -6.62 -23.8 iShUSOilEquip&Svcs IEZ 22.18 12.96 21.20 8.31 64.5
FT GlbWindEner FAN 20.57 14.22 17.32 -2.92 -14.4 GlbXConsciousCos KRMA 34.64 25.04 27.69 -6.78 -19.7 InfraCapMLP AMZA 34.28 24.40 31.62 5.84 22.7 InvscIntlDevDyn IMFL 26.30 17.56 20.89 -5.24 -20.1 iShUSOil&GasExpln IEO 106.36 61.39 92.86 31.62 51.6
n FT GrwthStr FTGS 22.08 19.90 20.52 ... ... GlbXCopperMiners COPX 47.23 26.01 35.43 -1.48 -4.0 InfraCapREITPfd PFFR 23.92 15.94 16.74 -6.96 -29.4 InvscIntlDivAch PID 20.00 14.65 16.72 -1.74 -9.4 iShUSPharm IHE 202.77 166.99 186.13 -13.50 -6.8
FT HlthCareAlpha FXH 124.41 95.39 108.73 -15.43 -12.4 GlbX Cybersec BUG 32.33 20.25 20.75 -11.02 -34.7 n InnovBuffStep BSTP 27.59 22.33 24.09 ... ... InvscInvGradeDef IIGD 26.13 23.29 23.86 -2.31 -8.8 iShUSRegionalBanks IAT 69.71 45.38 47.64 -14.12 -22.9
FT HiIncmStrat HISF 51.63 43.05 44.04 -6.69 -13.2 GlbXDAXGermany DAX 33.03 20.04 25.60 -6.74 -20.8 InnovDefWealth BALT 26.60 25.27 26.59 0.66 2.5 InvscInvGradeValue IIGV 26.85 21.51 22.60 -4.36 -16.2 iShUSTelecomm IYZ 33.32 20.00 22.43 -10.48 -31.8
FT HorizMgVolDev HDMV 32.18 23.64 27.16 -4.62 -14.5 GlbXDataCtr VPN 18.62 11.11 12.48 -6.03 -32.6 InnovDoubStkJan DSJA 30.22 22.34 24.05 -6.08 -20.2 InvscKBWBank KBWB 76.47 47.50 51.62 -16.22 -23.9 iShUSMedDevices IHI 65.93 46.21 52.57 -13.28 -20.2
FT HorizMgVolDom HUSV 36.05 29.28 33.04 -2.83 -7.9 n GlbXDisrMatls DMAT 28.94 17.37 19.49 ... ... InnovDoubStkOct DSOC 33.52 25.31 27.04 -6.35 -19.0 InvscKBWHiDvYdFn KBWD 21.12 13.57 14.86 -5.42 -26.7 iShESGAdvHYCorpBd HYXF 51.63 41.72 43.22 -8.41 -16.3
FT HorizMgVolSM HSMV 35.11 28.03 31.03 -3.68 -10.6 n GlbXDow30Cov DJIA 25.92 20.17 21.57 ... ... InnovDbStk9Jan DBJA 28.42 23.25 25.09 -3.29 -11.6 InvscKBWPrEquREIT KBWY 26.43 18.09 19.49 -6.19 -24.1 iShESGAdvIGCpBd ELQD 97.80 74.71 79.11 -19.76 -20.0
FT IPOXEurEq FPXE 33.16 16.62 20.02 -11.44 -36.4 GlbXecomm EBIZ 27.57 13.94 16.19 -11.26 -41.0 InnovDbStk9Oct DBOC 30.30 26.23 27.65 -2.57 -8.5 InvscKBWP&CIns KBWP 89.61 72.41 86.07 6.27 7.9 iShESGAdvMSCI DMXF 69.44 44.82 54.27 -14.50 -21.1
FT Chindia FNI 49.90 28.41 38.13 -9.49 -19.9 GlbXEdu EDUT 27.06 17.40 21.77 -5.12 -19.1 InnovEMPwrApr EAPR 24.87 21.14 23.25 -1.23 -5.0 InvscKBWRegBkg KBWR 70.14 51.92 56.99 -6.00 -9.5 iShESGAdvMSCIEM EMXF 44.36 30.59 34.05 -8.99 -20.9
FT IncmOpps FCEF 25.77 18.09 19.31 -6.32 -24.7 GlbX EM Bd EMBD 27.05 19.44 21.39 -4.54 -17.5 InnovEMPwrJan EJAN 30.04 24.22 27.21 -2.37 -8.0 InvscMSCIGrnBldg GBLD 23.89 15.45 17.77 -5.74 -24.4 iShESGAdvUSA USXF 39.53 27.00 30.66 -8.78 -22.3
FT GlblAgri FTAG 35.20 25.72 28.58 -1.89 -6.2 GlbX EM Internet EWEB 31.07 14.70 21.11 -8.66 -29.1 InnovEMPwrJul EJUL 26.17 20.89 22.83 -2.80 -10.9 InvscMSCISusFut ERTH 67.75 44.76 47.78 -18.92 -28.4 iShAdvTotUSDBd EUSB 49.17 40.62 42.20 -7.24 -14.6
FT GlbNatRscs FTRI 17.26 11.78 13.71 -0.15 -1.1 GlbX FTSE SE Asia ASEA 16.24 13.05 14.94 0.41 2.8 InnovEMPwrOct EOCT 25.49 20.26 22.27 -2.68 -10.7 InvscModConserv PSMM 15.93 12.76 13.42 -2.40 -15.2 iShESGAwareAgg EAOA 34.53 25.34 27.75 -6.64 -19.3
FTIndiaNifty50EW NFTY 50.63 40.00 43.67 -4.23 -8.8 n GlbXFinlCv FYLG 25.28 24.01 24.37 ... ... n InnovEqMgdFloor SFLR 24.28 22.53 22.82 ... ... InvscMSCIGlbTimb CUT 38.07 26.89 30.24 -6.85 -18.5 iShESGAwareCon EAOK 27.85 22.20 23.25 -4.68 -16.8
FT IndlsAlpDx FXR 63.23 45.25 51.51 -10.90 -17.5 GlbXFinTech FINX 40.44 18.35 19.25 -20.78 -51.9 n InnovGradTact IGTR 25.34 24.12 24.44 ... ... n InvscMuniStrat IMSI 50.46 49.79 49.79 ... ... iShESGAwareGrw EAOR 31.78 24.07 25.92 -5.80 -18.3
n FT IndxxAero MISL 22.64 20.95 22.33 ... ... GlbX FdrRunCos BOSS 34.42 21.54 22.06 -11.94 -35.1 InnovGrowthAccQ XDQQ 30.92 19.63 20.32 -10.34 -33.7 n InvscNasdFtGn200 QQQS 28.82 24.08 27.01 ... ... iShESGAwareMSCI ESGD 80.85 54.73 65.74 -13.72 -17.3
LEGR 45.38 29.54 34.25 -9.18 -21.1 GNOM 20.00 10.48 12.65 -7.20 -36.3 QTAP 30.95 21.81 22.31 -7.79 -25.9 QQQJ 33.70 21.14 23.91 -9.66 -28.8 ESGE 41.41 26.57 30.07 -9.68 -24.4

.
FTIndxxInnTran GlbXGen&Biotech InnovGrwAccPlApr InvscNasdNext100 iShESGAwareEM
FTIndMedDev MDEV 26.15 16.29 18.78 -7.62 -28.9 GlbX GoldExplorers GOEX 36.49 18.57 24.78 -4.55 -15.5 InnovGrwAccPlJul QTJL 28.29 18.49 19.58 -8.46 -30.2 InvscNasd100 QQQM 165.40 104.62 109.53 -54.02 -33.0 iShESGAwareUSA ESGU 108.91 77.28 84.75 -23.15 -21.5
ARVR 29.61 GRNR 25.38 QTJA IBBQ 23.93 16.73 21.08 -2.64 EAOM 29.12

ly
n FT IndxxMeta 21.78 24.36 ... ... n GlbX GreenBldg 17.68 20.38 ... ... n InnovGrwAccPlJan 25.79 16.41 16.86 ... ... InvscNasdBiotech -11.1 iShESGAwareMod 22.99 24.17 -4.97 -17.1
FTIndxxNextG NXTG 83.49 53.16 60.98 -21.63 -26.2 GlbX GuruIndex GURU 47.51 30.89 34.05 -13.31 -28.1 InnovGrwAccPlOct QTOC 26.43 17.50 18.41 -7.83 -29.8 InvscNasdInt PNQI 217.06 105.61 112.24 -103.26 -47.9 iShESG1-5YCpBd SUSB 25.63 23.18 23.77 -1.88 -7.3
FTInnovLdrs ILDR 21.82 13.11 14.17 -7.61 -34.9 GlbX Health BFIT 28.26 17.81 20.95 -7.11 -25.3 n InnovHdgTSLA TSLH 26.88 22.36 22.36 ... ... InvscNatAMTFrMuni PZA 27.10 21.65 22.94 -4.17 -15.4 iShESGUSAggBd EAGG 54.68 44.90 46.74 -8.46 -15.3
FTInstPfdSecs FPEI 20.46 17.07 17.81 -2.59 -12.7 n GlbXHlthCare HYLG 25.89 25.19 25.30 ... ... InnovIBDBreakout BOUT 38.82 27.79 29.58 -9.15 -23.6 InvscNYAMTFrMuni PZT 26.13 20.72 22.13 -3.98 -15.2 iShESGUSDCorpBd SUSC 27.21 21.03 22.30 -4.99 -18.3
FTIntlDevCapStr FICS 36.72 25.28 28.89 -7.68 -21.0 GlbXHydrogen HYDR 21.14 9.64 10.88 -9.74 -47.2 InnovatorIBD50 FFTY 46.35 21.59 21.82 -24.02 -52.4 Invsc1-30LadTrea PLW 36.37 27.35 28.73 -7.83 -21.4 iShESGEMLdrs LDEM 60.53 38.70 42.63 -14.94 -26.0
FTIntlEquOpps FPXI 57.84 33.73 38.86 -18.75 -32.5 n GlbXInfoTech TYLG 25.73 23.68 24.08 ... ... InnovIntDevPwApr IAPR 26.14 21.45 23.90 -1.97 -7.6 InvscPHLXSemicon SOXQ 32.01 16.45 19.91 -11.39 -36.4 iShESGIUSALdrs SUSL 85.00 59.87 66.31 -18.06 -21.4
FT JapanAlpha
FT LC CoreAlpha
FT LC GrwthAlpha
FT LC US Equity
FT LC Value
FT LatAmAlpha
FJP 52.00
FEX 92.44
FTC 120.49
RNLC 35.54
FTA 73.31
FLN 21.55
36.88
71.62
84.56
26.40
57.18
15.20
42.46 -7.37
80.07 -12.26
91.42 -28.83
29.84 -5.48
65.81 -4.07
16.77 -0.48
-14.8
-13.3
-24.0
-15.5
-5.8
-2.8
n GlbXIntRtHdg
n GlbXIntRt
GlbXInternetThings
GlbXLithium&Batt
GlbX MLP&Energy
GlbX MLP
on
RATE 35.97
IRVH 25.46
SNSR 39.67
LIT 86.06
MLPX 45.94
MLPA 44.22
23.23
21.75
24.22
58.06
35.38
34.80
26.98
22.42
28.91
58.61
40.76
41.29
-10.23
-25.83
...
...

5.44
6.31
-26.1
-30.6
...
...

15.4
18.0
InnovIntDevPwJan
InnovIntDevPwJul
InnovIntDevPwOct
n InnovLadder
InnovLoupFrontier
InnovNasd100Oct
IJAN
IJUL
IOCT
BUFB
LOUP
NOCT
27.57
24.70
25.54
25.39
54.00
40.64
22.76
21.02
21.18
21.40
25.66
33.69
26.71
23.84
23.77
23.04
28.94
35.05
-0.69
-0.68
-1.60

-24.66
-5.43
...
-2.5
-2.8
-6.3

-46.0
-13.4
...
InvscPreferred
InvscPureDevxNA
InvscPureFTSEEM
InvscPureMSCIUSA
InvscPrMSCIUSASC
InvscPureUSAggBd
PGX 14.99 11.01 11.18 -3.82
PBDM 30.00 20.34 24.05 -5.30
PBEE 28.69 19.29 21.94 -5.47
PBUS 48.51 35.34 38.04 -10.09
PBSM 39.90 29.49 32.06 -7.19
PBND 25.50 20.96 21.77 -3.82
-25.5
-18.1
-20.0
-21.0
-18.3
-14.9
iShESGMSCIUSAMin
iShESGMSCIUSASC
iShESGScrS&P500
iShESGScrS&PMC
iShESGScrS&PSC
iShEdgeHYDefBd
ESMV 25.83
ESML 41.12
XVV 37.22
XJH 39.26
XJR 41.50
HYDB 51.40
20.59 22.72 -3.26
30.18 32.88 -7.44
26.02 28.43 -8.30
29.50 32.80 -6.06
30.38 33.22 -7.46
42.02 43.56 -7.84
-12.5
-18.5
-22.6
-15.6
-18.3
-15.2
FT LtdDurIG FSIG 20.28 18.22 18.67 -1.33 -6.7 GlbXMSCIArgentina ARGT 36.96 23.29 33.97 2.72 8.7 InnovNasd100Apr NAPR 39.48 32.41 34.06 -4.70 -12.1 InvscPure0-5YTIPS PBTP 26.84 24.31 24.39 -2.08 -7.9 iShEdgeInvGrEnhBd IGEB 52.58 41.15 43.31 -9.35 -17.8
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FT LgDurOpps LGOV 27.62 21.03 21.89 -5.88 -21.2 GlbXMSCIChinaCm CHIC 20.54 9.37 14.36 -5.39 -27.3 InnovNasd100Jan NJAN 42.58 33.43 34.47 -8.04 -18.9 InvscQQQI QQQ 402.28 254.26 266.28 -131.57 -33.1 iShEdgeMSCIMinEAFE EFAV 77.03 54.96 63.59 -13.19 -17.2
FT Long/Short FTLS 52.51 46.64 48.87 -3.30 -6.3 GlXMSCIChinaCnDisc CHIQ 26.68 13.60 20.17 -5.78 -22.3 InnovNasd100Jul NJUL 48.32 40.96 42.55 -5.62 -11.7 InvscRAFIStDvxUS ISDX 31.75 22.82 26.86 -3.46 -11.4 iShEdgeMSCIMinVlEM EEMV 64.26 49.30 53.05 -9.77 -15.6
l

FT LowDurOpp LMBS 50.04 46.62 47.41 -2.58 -5.2 GlbXMSCIChCS CHIS 28.14 17.07 22.63 -5.39 -19.2 n InnovPwrBuffStep PSTP 26.90 23.30 24.82 ... ... InvscRAFIStratEM ISEM 29.88 18.43 22.66 -5.10 -18.4 iShEdgeMSCIMinVol ACWV 108.35 86.42 95.02 -13.26 -12.2
e
FT LowDurStrat LDSF 19.99 18.12 18.44 -1.57 -7.8 GlbXMSCIChinaEner CHIE 17.24 11.72 14.23 2.46 20.8 InnovRuss2000Jul KJUL 26.66 22.64 24.23 -2.23 -8.4 InvscRAFIStratUS IUS 41.31 32.87 36.52 -4.04 -10.0 iShEdgeMSCIMinUSA USMV 80.84 64.56 72.10 -8.80 -10.9
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FTLuntUSFactor FCTR 35.13 25.82 27.90 -7.64 -21.5 GlbXMSCIChinaFinl CHIX 15.61 9.72 11.74 -2.28 -16.3 InnovRuss2000Oct KOCT 27.57 23.40 25.24 -2.16 -7.9 InvscRAFIStrUSSm IUSS 40.21 29.97 33.19 -6.35 -16.1 iShMSCIMinVolUSASC SMMV 39.31 31.66 34.60 -4.49 -11.5
FT MgdFutures FMF 59.59 44.35 47.60 2.18 4.8 GlbXMSCIChinaHC CHIH 21.70 12.54 16.53 -5.13 -23.7 InnovRuss2000Apr KAPR 27.82 23.55 25.29 -2.24 -8.1 InvscRayJamesSB1 RYJ 64.14 49.47 54.19 -8.67 -13.8 iShEdgeMSCIUSAMom MTUM 183.45 129.62 145.93 -35.89 -19.7
FT MgdMuni FMB 57.00 48.07 50.11 -6.87 -12.1 GlbXMSCIChinaIndls CHII 16.89 10.96 12.82 -3.85 -23.1 InnovRuss2000Jan KJAN 32.60 27.47 29.91 -2.49 -7.7 InvscRealAssets IVRA 16.52 12.04 13.33 -1.81 -11.9 iShEdgeMSCIUSAQual QUAL 145.96 101.60 113.96 -31.60 -21.7
FXZ 75.76 CHIK 27.54 BJUL OMFL 50.66 38.79 42.94 -7.76 VLUE 115.42
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FT MatAlpDX 50.60 60.59 -1.57 -2.5 GlbXMSCIChinaIT 13.89 16.47 -11.08 -40.2 InnovS&P500Buff 33.50 28.65 30.91 -2.46 -7.4 InvscRuss1000Dyn -15.3 iShEdgeMSCIUSAVal 81.32 91.14 -18.33 -16.7
FT MergerArb MARB 22.32 19.27 20.17 0.56 2.9 GlbXMSCICnMatls CHIM 25.27 14.59 17.51 -6.20 -26.1 InnovS&P500BuffO BOCT 34.69 29.18 31.76 -2.81 -8.1 InvscRs1000EnhEW USEQ 39.32 30.16 33.54 -5.46 -14.0 iShUSFixedIncmBal FIBR 99.33 80.14 83.45 -16.20 -16.3
FT MC CoreAlpha FNX 104.44 79.36 87.83 -15.01 -14.6 GlbXMSCIChRlEst CHIR 37.78 14.10 21.41 -10.69 -33.3 InnovS&P500BuffA BAPR 34.17 28.50 31.03 -2.35 -7.0 InvscRuss1000EW EQAL 47.89 36.28 40.18 -7.16 -15.1 n iShEmergFood IVEG 24.51 18.33 20.49 ... ...
FT MC GrwthAlpha FNY 74.50 52.37 56.39 -17.79 -24.0 GlbXMSCIChUtil CHIU 20.87 11.85 14.36 -5.98 -29.4 InnovS&P500Aug BAUG 33.51 27.95 29.95 -3.44 -10.3 InvscR1000LoBeta USLB 43.26 34.16 37.78 -5.21 -12.1 iShEmMkCorpBdFd CEMB 50.91 39.92 42.76 -8.24 -16.2
FT MC US Equity RNMC 30.88 24.06 27.11 -3.24 -10.7 GlbXMSCIColombia GXG 35.40 18.65 19.84 -8.18 -29.2 InnovS&P500Dec BDEC 35.35 28.96 31.91 -3.32 -9.4 InvscRuss2000Dyn OMFS 42.65 31.51 34.18 -7.91 -18.8 iShEM Dividend DVYE 40.67 22.29 24.12 -14.38 -37.4
FT MC ValAlpha FNK 48.87 38.05 42.97 -4.14 -8.8 GlbX MSCIGreece GREK 30.12 20.74 26.64 0.19 0.7 InnovS&P500Feb BFEB 32.78 27.58 29.94 -2.17 -6.8 InvscS&PEMLowVol EELV 26.42 20.52 23.01 -1.78 -7.2 n iShEnvlInfr EFRA 27.79 23.95 26.01 ... ...
FT MngstrDiv FDL 39.24 32.10 36.56 1.00 2.8 GlbXMSCINextEm EMFM 22.00 17.27 18.29 -2.18 -10.7 InnovS&P500Jan BJAN 37.53 30.62 33.04 -4.25 -11.4 InvscS&PEMMom EEMO 18.20 13.53 13.80 -3.81 -21.6 n iShEnvAwRlEst ERET 25.52 24.13 24.54 ... ...
FT MCGrAlpDX FAD 125.19 88.65 94.82 -30.79 -24.5 GlbXMSCINigeria NGE 10.49 7.28 7.38 -1.87 -20.2 InnovS&P500BuffJun BJUN 34.68 28.52 30.56 -3.96 -11.5 InvscS&P500BuyWr PBP 23.50 18.56 20.12 -2.99 -13.0 iShEurope IEV 55.29 36.88 45.29 -9.10 -16.7
FT MuCValAlpha FAB 77.77 60.53 68.82 -6.38 -8.5 GlbXMSCINorway NORW 33.30 21.72 25.65 -4.85 -15.9 InnovS&P500BuffMar BMAR 35.46 29.83 32.18 -2.44 -7.1 InvscS&P500Down PHDG 38.41 30.08 32.28 -5.79 -15.2 iShExpTech IGM 442.97 261.81 280.00-159.02 -36.2
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FT Multi-MgrLG MMLG 27.33 15.61 16.52 -10.64 -39.2 GlbXMSCIPakistan PAK 24.36 14.75 15.00 -7.89 -34.5 InnovS&P500BffMay BMAY 33.30 26.95 29.01 -4.16 -12.5 InvscS&P500EnhVal SPVU 47.51 35.87 40.90 -3.53 -7.9 iShExpTechSftwr IGV 398.96 235.41 255.85 -141.80 -35.7
FT MultMgrSC MMSC 20.81 13.36 14.35 -6.44 -31.0 GlbXMSCIPortugal PGAL 11.59 8.35 10.06 -0.85 -7.8 InnovS&P500BuffN BNOV 33.12 27.21 29.78 -3.17 -9.6 InvscS&P500EWCm EWCO 36.73 23.79 25.12 -10.73 -29.9 iShExponentialTech XT 66.51 42.63 47.34 -18.73 -28.3
FT MunHiIncm FMHI 56.16 44.09 46.29 -9.84 -17.5 GlbXMSCISuperDiv EFAS 16.38 11.01 13.45 -2.25 -14.3 InnovS&P500JSep BSEP 33.58 28.09 30.33 -3.07 -9.2 InvsS&P500EWCD RCD 158.96 103.95 117.79 -38.80 -24.8 iShFctUSGrwStyle STLG 40.41 28.01 29.02 -11.28 -28.0
QABA 63.67 47.90 52.59 -6.43 -10.9 SDEM 34.89 21.12 23.81 -9.04 -27.5 BUFF 36.11 32.01 34.40 -1.60 -4.4 RHS 182.29 153.20 170.51 0.73 0.4 STLV 30.69 24.06 26.64 -3.47 -11.5
m er

FT NasdComBk GlbXISuperDivEM InnovS&P500Divrs InvscS&P500CnStp iShFctUSValStyle

FT NasdCleanEdge QCLN 70.55 44.25 47.19 -20.78 -30.6 GlbXMSCIVietnam VNAM 27.47 12.90 14.75 -11.92 -44.7 InnovS&P500Pwr PJUL 31.27 28.27 30.19 -0.64 -2.1 InvscS&P500EWEner RYE 82.02 47.96 72.69 24.92 52.2 iShFallAngelsUSDBd FALN 29.93 23.41 24.61 -5.36 -17.9
FT NasdClEdSmGr GRID 103.74 71.92 87.24 -15.43 -15.0 n GlbXMetaverse VR 24.93 16.68 18.39 ... ... InnovS&P500PwrN PNOV 31.25 27.53 30.19 -0.82 -2.6 InvscS&P500EW RSP 164.90 124.92 141.25 -21.50 -13.2 iSh5-10YIGCorpBd IGIB 59.03 46.81 49.51 -9.76 -16.5
FT NasdCybersec CIBR 53.94 36.03 38.71 -14.08 -26.7 GlbXMillCnsmr MILN 42.85 25.14 26.10 -16.48 -38.7 InnovS&P500PwrF PFEB 29.69 26.36 28.40 -0.83 -2.8 InvscS&P500EWFin RYF 68.49 50.37 56.41 -7.96 -12.4 iShFloatingRateBd FLOT 50.75 49.63 50.33 -0.40 -0.8
FT Nasd100xTech QQXT 88.41 67.74 76.33 -12.31 -13.9 GlbXNasd100Col QCLR 25.74 20.57 20.67 -4.88 -19.1 InnovS&P500PwrA PAPR 29.84 26.17 28.07 -1.26 -4.3 InvscS&P500EWHC RYH 320.03 248.94 288.47 -32.02 -10.0 iShFocusedValue FOVL 62.32 45.01 50.90 -7.13 -12.3
FT Nasd100Tech QTEC 176.82 95.22 105.24 -69.92 -39.9 GlbXNasd100Cv QYLD 22.31 15.00 15.91 -6.28 -28.3 InnovS&P500Aug PAUG 30.49 26.58 28.35 -2.08 -6.9 InvscS&P500Ind RGI 200.46 154.21 178.27 -19.41 -9.8 iShFutCloud5G IDAT 30.20 18.13 20.96 -9.06 -30.2
FT NasdArtlIntel ROBT 55.61 32.00 35.72 -19.37 -35.2 GlbXNasd100RiskMgd QRMI 23.47 17.23 17.30 -6.04 -25.9 InnovS&P500PwrD PDEC 31.88 28.09 29.89 -1.89 -5.9 InvscS&P500EWMat RTM 192.32 140.23 158.66 -21.37 -11.9 iShGNMABond GNMA 49.73 41.56 43.51 -6.23 -12.5
m rp

FT NasdaqBk FTXO 37.20 25.12 26.20 -6.64 -20.2 GlbXNasd100Tail QTR 24.56 17.73 18.00 -7.79 -30.2 InnovS&P500Jan PJAN 33.43 28.93 31.51 -1.76 -5.3 InvscS&P500RlEst EWRE 42.72 28.08 30.75 -11.50 -27.2 iShGSCICmDynRoll COMT 46.28 27.08 28.19 -2.69 -8.7
FT NasdBuyWrite FTQI 22.98 17.44 18.04 -3.59 -16.6 GlXNasd100CCGrw QYLG 32.24 21.05 22.12 -9.75 -30.6 InnovS&P500PwrJun PJUN 32.38 28.06 29.73 -2.50 -7.7 InvscS&P500EWTech RYT 326.93 213.47 242.98 -81.05 -25.0 iShGenomicsImm IDNA 43.93 24.20 25.17 -18.64 -42.5
FT NasdFood&Bev FTXG 29.66 24.51 27.05 1.17 4.5 GlbXRenewEner RNRG 16.70 11.87 13.12 -2.54 -16.2 InnovS&P500PwrBuff PMAR 32.61 28.81 30.72 -0.84 -2.6 InvscS&P500EWUtil RYU 127.59 99.69 116.34 2.18 1.9 iShGlbCleanEner ICLN 23.85 16.34 19.85 -1.32 -6.2
n FT NasdLux EKG 21.60 13.56 15.95 ... ... GlbX Robotics&AI BOTZ 36.30 17.33 20.55 -15.39 -42.8 InnovS&P500PwrMay PMAY 30.86 26.45 28.09 -2.47 -8.1 InvscS&P500xRt XRLV 52.02 42.76 48.61 -3.47 -6.7 iShGlblComm IXP 83.07 49.81 54.46 -27.77 -33.8
FT NasdOil&Gas FTXN 31.87 19.50 27.96 8.52 43.8 n GlbXRuss2000Cvr RYLG 27.21 24.64 24.81 ... ... InnovS&P500PwrO POCT 30.92 27.50 30.07 -0.38 -1.3 InvscS&P500GARP SPGP 97.25 73.71 82.60 -14.43 -14.9 iShGlbCnsmrDisc RXI 182.20 116.68 125.98 -53.31 -29.7
FT NasdPharm FTXH 28.45 23.87 27.43 0.37 1.4 GlbXRuss2000Cvr RYLD 24.55 18.25 18.81 -5.60 -22.9 InnovS&P500Sep PSEP 30.52 27.37 29.25 -1.14 -3.7 InvscS&P500HiBeta SPHB 81.29 54.60 62.33 -16.69 -21.1 iShGlobalEnergy IXC 42.98 27.56 38.99 11.48 41.7
FT NasdSemicon FTXL 83.10 44.95 53.17 -27.95 -34.5 GlbXS&PCathDvxUS CEFA 32.40 21.99 25.79 -5.91 -18.6 InnovS&P500UltA UAPR 26.57 24.21 24.81 -1.49 -5.7 InvscS&P500HiDiv SPHD 49.61 38.33 43.83 -1.45 -3.2 iShGlbxUSDHiYdCpBd HYXU 52.93 37.59 44.27 -8.49 -16.1
FT NasdaqTrans FTXR 36.18 23.37 25.22 -9.33 -27.0 GlbXS&P500Catholic CATH 59.55 42.55 46.52 -12.39 -21.0 InnovS&P500UltAug UAUG 29.33 25.04 26.12 -3.17 -10.8 InvscS&P500LowVol SPLV 69.82 55.99 63.90 -4.73 -6.9 iShGlbFinls IXG 86.71 59.97 70.28 -9.78 -12.2
QQEW 118.63 79.73 88.78 -29.69 -25.1 XCLR 27.80 23.62 23.84 -3.82 -13.8 UDEC 30.36 27.12 27.43 -2.86 -9.4 SPMV 41.40 33.44 36.44 -5.17 -12.4 IXJ 91.78 74.50 84.88 -5.46 -6.0
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FT Nasd100 EW GlbXS&P500Coll InnovS&P500UltDec InvscS&P500MinVar iShGlbHlthcr

FT NaturalGas FCG 31.07 17.12 24.51 7.33 42.7 GlXS&P500CCGrw XYLG 31.87 23.31 25.19 -6.44 -20.4 InnovS&P500UltFeb UFEB 29.02 25.78 26.32 -1.64 -5.8 InvscS&P500Mom SPMO 65.62 49.92 56.78 -7.74 -12.0 iShGlbHYCorpBd GHYG 49.29 38.19 41.40 -7.89 -16.0
FT NY Muni FMNY 30.30 25.13 26.43 -3.85 -12.7 GlbXS&P500Cv XYLD 50.85 37.28 39.37 -11.14 -22.1 InnovS&P500UltJan UJAN 31.67 28.78 29.71 -1.88 -5.9 InvscS&P500PrGrw RPG 212.04 138.73 151.61 -59.21 -28.1 iShGlblIndls EXI 125.57 89.52 106.49 -17.00 -13.8
FT NA Energy Infra EMLP 29.00 24.08 26.69 1.73 6.9 GlbXS&P500QualDiv QDIV 36.16 27.93 31.73 -1.13 -3.4 InnovS&P500UltrJul UJUL 27.77 24.50 25.75 -1.93 -7.0 InvscS&P500PrVal RPV 88.97 69.47 77.98 -2.85 -3.5 iShGlbMaterials MXI 95.60 66.02 78.66 -11.80 -13.0
FT NYSE ArcaBiotch FBT 163.19 121.68 154.13 -7.83 -4.8 GlbXS&P500Risk XRMI 26.79 20.33 20.44 -6.23 -23.4 InnovS&P500UltJun UJUN 29.54 25.86 26.79 -2.61 -8.9 InvscS&P500Multi QVML 28.29 21.32 23.08 -4.95 -17.6 iShGlobal100 IOO 79.08 58.45 64.05 -13.96 -17.9
FT PfdSecs FPE 20.35 16.25 16.80 -3.52 -17.3 GlbXS&P500Tail XTR 27.96 22.05 22.63 -5.16 -18.6 InnovS&P500Ultra UMAR 30.38 27.64 28.16 -1.64 -5.5 InvscS&P500Qual SPHQ 53.90 39.18 44.00 -9.21 -17.3 iShGlobalREIT REET 30.67 20.04 22.71 -7.90 -25.8
FT RBA AmerInd AIRR 47.41 36.11 44.12 -1.00 -2.2 GlbXSilverMiners SIL 40.29 21.26 28.17 -8.51 -23.2 InnovS&P500UltMay UMAY 29.04 25.33 26.14 -2.65 -9.2 InvscS&P500Rev RWL 82.68 66.68 73.94 -6.02 -7.5 iShGlobalTech IXN 65.23 40.31 44.83 -19.56 -30.4
FTRisingDivAch RDVY 53.20 38.34 43.92 -7.87 -15.2 GlbXSocialMedia SOCL 54.45 24.32 31.00 -22.85 -42.4 InnovS&P500UltN UNOV 29.87 26.99 27.71 -1.84 -6.2 InvscS&P500Top50 XLG 374.77 260.46 275.98 -93.11 -25.2 iShGlbTimber WOOD 95.27 63.78 72.75 -19.24 -20.9
FT RiverFrDynDev RFDI 73.28 45.66 53.16 -19.98 -27.3 GlbXSolar RAYS 25.62 16.20 20.38 -3.12 -13.3 InnovS&P500UltO UOCT 28.61 25.95 27.28 -1.24 -4.3 InvscS&P500ValMom SPVM 56.07 44.22 49.34 -2.26 -4.4 iShGoldStrategy IAUF 63.06 49.22 54.78 -1.07 -1.9
FT RiverFrDynEM RFEM 70.44 45.61 50.69 -16.91 -25.0 GlbXSuperDiv SDIV 38.19 22.14 24.03 -12.78 -34.7 InnovS&P500UltSep USEP 28.74 25.09 26.40 -2.29 -8.0 InvscS&PGlbWater CGW 60.79 39.85 46.62 -14.01 -23.1 iShGoldTr IAU 39.36 30.69 34.59 -0.22 -0.6
FT RiverFrDynEur RFEU 78.41 48.94 56.50 -21.73 -27.8 GlbXSuperDivdREIT SRET 28.98 19.77 21.69 -6.87 -24.1 InnovS&PHiQualPfd EPRF 23.96 17.51 18.04 -5.90 -24.6 InvscS&PIntlDev IDHD 27.30 20.08 23.12 -3.68 -13.7 iShGoldTrMicro IAUM 20.70 16.17 18.21 -0.09 -0.5
FT S&PIntDivArist FID 19.36 13.14 15.32 -2.37 -13.4 GlbXSuperDivUS DIV 21.84 17.37 18.79 -2.03 -9.8 InnovTripleStkJan TSJA 29.85 22.13 23.74 -6.05 -20.3 InvscS&PIntDvLoVl IDLV 32.23 23.59 26.78 -5.14 -16.1 n iShHYCpBdBuyWrt HYGW 39.96 35.81 36.26 ... ...
FT SMID CapRising SDVY 31.06 22.77 26.05 -4.25 -14.0 GlbXSuperIncPfd SPFF 11.74 9.36 9.41 -2.31 -19.7 InnovTripleStkOct TSOC 32.50 25.00 26.58 -5.79 -17.9 InvscS&PIntlDev IDMO 37.92 26.68 31.66 -5.72 -15.3 iShiBdsDec30Trea IBTK 23.25 18.96 19.55 -3.88 -16.5
FT S-Network ISHP 36.55 19.80 23.93 -12.47 -34.3 GlbXTelemed EDOC 16.52 10.61 11.58 -4.96 -30.0 Innov20+YTrBd5Jl TFJL 23.75 19.49 19.78 -4.10 -17.2 InvscS&PIntlDevQu IDHQ 32.18 20.55 24.73 -7.33 -22.9 iShiBdsDec31Cp IBDW 24.78 18.83 19.89 -4.97 -20.0
FT S-NtwkFutVeh CARZ 65.63 38.80 40.54 -19.28 -32.2 GlbX ThemGrwth GXTG 44.95 22.36 22.75 -21.71 -48.8 Innov20+YTrB9BfJul TBJL 24.23 18.12 19.41 -5.10 -20.8 InvscS&PMC400EW EWMC 97.75 74.62 83.71 -12.25 -12.8 iShiBdsDec31Trea IBTL 24.39 19.77 20.44 -4.39 -17.7
n FT S-NetStream BNGE 26.19 15.65 17.28 ... ... GlbXUSInfrDevt PAVE 29.45 22.14 26.49 -2.30 -8.0 InnovUSEqAcc9BfApr XBAP 27.85 23.73 25.37 -2.08 -7.6 InvscS&P400PrGrw RFG 230.89 158.11 179.09 -51.44 -22.3 n iShiBdsDec32Cp IBDX 26.52 22.80 24.18 ... ...
FT SSI Strat FCVT 41.62 30.57 31.69 -9.73 -23.5 GlbX US Pfd PFFD 25.72 19.00 19.37 -6.39 -24.8 InnovUSEqAccApr XDAP 29.69 23.03 24.71 -4.19 -14.5 InvscS&P400PrVal RFV 101.19 79.65 90.73 -5.79 -6.0 n iShiBdsDec32Trea IBTM 25.68 22.30 23.11 ... ...
FT StoxxEurSel FDD 15.06 9.13 11.36 -3.06 -21.2 GlbX Uranium URA 28.49 17.65 20.08 -2.74 -12.0 InnovUSEqAccQ XDSQ 29.15 20.98 24.06 -4.85 -16.8 InvscS&PMC400Mult QVMM 26.57 20.35 22.56 -3.79 -14.4 iShiBdsDec30Cp IBDV 24.97 19.71 20.80 -4.29 -17.1
FT SrLoanFd FTSL 48.13 43.80 44.59 -3.33 -6.9 GlbXVarPfd PFFV 27.84 22.14 22.50 -5.24 -18.9 n InnovUSEqAcc9BfJan XBJA 24.87 20.48 21.90 ... ... InvscS&PMC400Rev RWK 96.64 74.22 85.87 -8.80 -9.3 iShiBdsDec28Cp IBDT 28.23 23.29 24.29 -4.00 -14.2
FT ShDurMgMun FSMB 20.87 19.39 19.74 -1.07 -5.1 GlbXVideoGames HERO 28.55 16.57 18.75 -9.48 -33.6 InnovUSEqAccPlApr XTAP 29.48 22.45 24.53 -4.22 -14.7 InvscS&PMCLowVol XMLV 58.81 47.34 53.49 -4.97 -8.5 iShiBdsDec28Muni IBMQ 27.26 24.10 25.09 -2.15 -7.9
n-

FTSkyBridgeCrypto CRPT 17.76 3.08 3.29 -13.89 -80.8 GlbXWindEnergy WNDY 23.84 15.85 17.91 -5.47 -23.4 InnovUSEqAccJul XDJL 28.07 21.32 23.35 -4.59 -16.4 InvscS&PMCMom XMMO 92.39 68.22 75.30 -15.64 -17.2 iShiBdsDec28Trea IBTI 25.02 21.39 21.94 -3.21 -12.8
FT SC CoreAlpha FYX 99.09 72.24 78.45 -18.61 -19.2 n GodBlessAmer YALL 23.52 19.38 21.61 ... ... InnovUSEqAccOct XDOC 25.98 19.68 21.29 -4.59 -17.7 InvscS&PMCQual XMHQ 81.74 61.49 69.07 -11.17 -13.9 iShiBdsDec25Cp IBDQ 26.47 23.86 24.32 -2.10 -7.9
FT SC GrwthAlpha FYC 75.80 51.97 55.28 -19.28 -25.9 n GSAccessEMUSDBd GEMD 49.79 35.98 39.90 ... ... InnovUSEqAcc9BfJul XBJL 27.07 23.59 25.63 -1.34 -5.0 InvscS&PMCValMom XMVM 50.87 38.09 44.04 -4.82 -9.9 iShiBdsDec25Muni IBMN 27.88 25.82 26.37 -1.49 -5.3
FT SC US Equity RNSC 30.65 23.01 25.36 -4.42 -14.9 GS AccessHYCpBd GHYB 49.73 40.03 41.91 -7.81 -15.7 InnovUSEqAcc9BfOct XBOC 25.27 21.66 23.21 -1.90 -7.6 InvscS&P100EW EQWL 87.99 65.91 74.86 -11.50 -13.3 iShiBdsDec25Trea IBTF 25.29 23.03 23.28 -2.06 -8.1
FT SC Value FYT 54.74 40.43 45.02 -8.08 -15.2 GSAccInflUSDBd GTIP 58.61 47.51 48.44 -10.03 -17.1 InnovUSEqAccPlJul XTJL 28.03 21.44 23.42 -4.35 -15.7 InvscS&PSCCnsDisc PSCD 114.02 71.28 78.79 -32.43 -29.2 iShiBdsDec24Cp IBDP 25.95 24.16 24.42 -1.51 -5.8
FT S&P REIT FRI 32.76 21.79 23.98 -8.62 -26.4 GSAccessIGCpBd GIGB 53.83 41.72 44.21 -9.88 -18.3 InnovUSEqAccPlOct XTOC 25.95 19.54 21.22 -4.61 -17.9 InvscS&PSCCnsStpl PSCC 112.02 93.07 101.94 -8.73 -7.9 iShiBdsDec24Muni IBMM 26.84 25.41 25.75 -1.06 -4.0
FT SwitzAlpha FSZ 71.38 44.67 54.88 -16.44 -23.1 GS IGCorp1-5YBd GSIG 49.65 44.76 45.70 -3.88 -7.8 n InnovUnAccUS XUSP 27.71 22.38 24.32 ... ... InvscS&PSCEner PSCE 12.55 6.87 10.18 3.19 45.7 iShiBdsDec24Trea IBTE 25.43 23.71 23.85 -1.59 -6.3
no

FT TCW EM Debt EFIX 18.87 13.83 15.29 -3.69 -19.4 GSTreasury0-1Y GBIL 100.05 99.56 99.71 -0.33 -0.3 n InnovUSEqAccJan XDJA 24.91 18.34 19.70 ... ... InvscS&PSCFinls PSCF 63.47 44.48 48.13 -13.23 -21.6 iShiBdsDec29Cp IBDU 26.28 21.16 22.17 -4.15 -15.8
FT TCW Opp FIXD 53.15 41.85 43.92 -9.29 -17.5 GSAccUSAggBd GCOR 48.49 39.47 41.09 -7.57 -15.6 n InnovUSEqAccPlJan XTJA 25.00 18.35 19.70 ... ... InvscS&PSCHlthCr PSCH 181.38 125.73 131.99 -47.67 -26.5 iShiBdsDec29Trea IBTJ 24.96 21.03 21.59 -3.52 -14.0
FT TCW SecPlus DEED 25.72 20.36 21.09 -4.61 -17.9 GSAccUltShBd GSST 50.52 47.65 49.55 -0.92 -1.8 InspireCorpBd IBD 27.81 22.22 23.04 -2.70 -10.5 InvscS&PSCHiDiv XSHD 23.37 15.70 17.28 -5.51 -24.2 iShiBdsDec27Cp IBDS 26.48 22.51 23.37 -3.19 -12.0
FT TCWUnPlBd UCON 26.40 23.43 24.11 -2.26 -8.6 GSActiveBetaEM GEM 38.07 25.11 28.31 -8.70 -23.5 InspireFaithMC GLRY 29.64 16.56 22.51 -6.85 -23.3 InvscS&PSCIndls PSCI 100.99 76.90 88.80 -9.69 -9.8 iShiBdsDec27Muni IBMP 27.02 24.27 25.07 -1.97 -7.3
FT TacticalHY HYLS 47.94 38.07 38.94 -8.91 -18.6 GSActiveBetaEurope GSEU 37.85 24.33 29.83 -7.76 -20.6 n InspireFidMulti FDLS 26.19 21.61 24.56 ... ... InvscS&PSCInfTech PSCT 157.09 107.15 119.84 -34.79 -22.5 iShiBdsDec27Trea IBTH 25.05 21.80 22.25 -2.88 -11.5
FT TechAlphaDEX FXL 132.52 82.55 91.55 -40.47 -30.7 GSActiveBetaIntlEq GSIE 35.63 24.21 28.78 -6.49 -18.4 InspireGlbHope BLES 38.05 27.15 31.25 -6.67 -17.6 InvscS&PSCLowVol XSLV 52.89 40.55 44.66 -7.43 -14.3 iShiBdsDec26Cp IBDR 26.01 22.66 23.35 -2.72 -10.4
FT USEquityDiv RNDV 38.55 24.88 28.00 -3.07 -9.9 GSActiveBetaJapan GSJY 37.41 26.59 30.17 -6.59 -17.9 InspireIntl WWJD 33.11 21.55 26.07 -5.12 -16.4 InvscS&PSCMatls PSCM 70.44 55.56 62.12 -4.91 -7.3 iShiBdsDec26Muni IBMO 26.90 24.46 25.21 -1.67 -6.2
FT USEquityOpp FPX 123.16 77.01 78.68 -43.83 -35.8 GSParisClimUSLC GPAL 40.65 29.51 32.01 -8.57 -21.1 Inspire100 BIBL 39.73 26.89 29.94 -9.45 -24.0 InvscS&PSCMom XSMO 57.73 42.42 47.15 -9.29 -16.5 iShiBdsDec26Trea IBTG 25.16 22.34 22.71 -2.52 -10.0
FT UltShDurMuni FUMB 20.17 19.79 19.95 -0.21 -1.0 GSActiveBetaUSLC GSLC 95.78 69.51 76.13 -19.01 -20.0 InspireS/MC ISMD 35.86 27.23 30.11 -5.13 -14.6 InvscS&PSCQuality XSHQ 40.25 30.09 32.61 -6.54 -16.7 iShiBdsDec23Cp IBDO 25.69 24.87 25.03 -0.64 -2.5
FT UK Alpha FKU 44.87 24.81 31.66 -12.48 -28.3 GS Active US SC GSSC 67.67 49.96 54.61 -11.89 -17.9 InspireTactBal RISN 28.99 22.80 23.11 -5.45 -19.1 InvscS&PSC600EW EWSC 87.67 62.66 69.20 -15.15 -18.0 iShiBdsDec23Muni IBML 25.94 25.11 25.35 -0.57 -2.2
FT UtilAlpha FXU 36.15 29.00 33.21 0.52 1.6 n GS ActWorldLow GLOV 42.92 34.82 38.37 ... ... IntlDrawMgd IDME 24.70 17.60 19.02 -5.31 -21.8 InvscS&P600PrGrw RZG 168.04 107.87 116.50 -50.16 -30.1 iShiBdsDec23Trea IBTD 25.49 24.65 24.70 -0.80 -3.1
FT ValDivFd FVD 43.43 34.97 39.91 -3.13 -7.3 n GSBbgClnEner GCLN 42.75 32.98 36.69 ... ... n InvscAAACLOFRNt ICLO 25.19 25.07 25.18 ... ... InvscS&P600PrVal RZV 101.04 75.99 88.38 -7.85 -8.2 iShiBdsMar23CpxFin IBCE 24.55 24.14 24.26 -0.26 -1.1
FT Water FIW 95.05 67.47 79.36 -15.44 -16.3 GS EW US LC Equity GSEW 71.91 51.96 57.94 -13.55 -19.0 InvscActvUSRlEst PSR 120.25 79.16 87.08 -33.03 -27.5 InvscS&PSC600Mult QVMS 26.49 19.96 21.84 -4.14 -15.9 iShiBdsMar23Cp IBDD 26.80 26.25 26.50 -0.27 -1.0
FlexShSelBdFd BNDC 25.92 21.11 21.94 -4.08 -15.7 GS FutConsEq GBUY 38.03 21.49 23.24 -14.58 -38.6 InvscActMgdETC PDBC 20.76 14.01 14.78 0.72 5.1 InvscS&P600Rev RWJ 127.75 95.76 108.53 -14.62 -11.9 n iShiBds28TermHY IBHH 25.33 21.33 22.11 ... ...
FlexShCredScoreUS SKOR 52.62 44.75 46.38 -6.38 -12.1 GS FutHlthCare GDOC 38.00 26.97 31.44 -6.49 -17.1 InvscAero&Def PPA 80.43 64.48 78.40 6.15 8.5 InvscS&PSCUtil PSCU 69.07 50.86 53.87 -14.35 -21.0 iShiBds25TermHY IBHE 25.28 21.97 22.51 -2.31 -9.3
FlexShCredScUSLg LKOR 58.73 38.16 42.13 -16.96 -28.7 GSFuturePlanet GSFP 40.94 25.09 29.35 -11.27 -27.7 n InvscAgricCmdK-1 PDBA 30.80 28.64 29.55 ... ... InvscS&PSCValMom XSVM 56.08 41.01 45.74 -8.15 -15.1 iShiBds24TermHY IBHD 24.50 22.04 22.71 -1.78 -7.3
FlexShDevMkxUSQu QLVD 28.16 21.06 24.07 -4.01 -14.3 GS FutRealEst GREI 41.99 27.90 32.17 -9.85 -23.4 InvscGalaxyBlock BLKC 23.68 7.76 8.15 -15.00 -64.8 InvscS&PSpin-Off CSD 63.04 47.58 52.38 -9.80 -15.8 n iShiBds29TermHY IBHI 25.24 20.87 21.68 ... ...
FlexShDiscDurMBS MBSD 23.19 19.72 20.37 -2.80 -12.1 GS FutureTech GTEK 39.41 19.12 20.92 -18.36 -46.7 InvscGalCrypto SATO 21.65 3.81 3.95 -17.00 -81.1 InvscS&PUltDiv RDIV 46.57 37.63 43.57 1.42 3.4 iShiBds27TermHY IBHG 24.75 20.50 21.36 -3.38 -13.7
FlexShESG&Climt FEDM 51.67 35.69 42.07 -8.83 -17.3 GSHedgeIndVIP GVIP 103.19 65.34 69.41 -32.60 -32.0 InvscBldrSEM50 ADRE 49.86 31.47 37.40 -8.32 -18.2 InvscSelectGrw IVSG 13.95 9.11 9.32 -4.55 -32.8 iShiBds26TermHY IBHF 25.45 21.57 22.36 -3.03 -11.9
n FlexShESG&Climt FEEM 49.69 39.17 43.90 ... ... GS Innovate GINN 61.38 37.26 40.81 -19.94 -32.8 InvscBalMulti PSMB 17.38 13.45 14.59 -2.59 -15.1 InvscSrLoan BKLN 22.20 20.06 20.53 -1.57 -7.1 iShiBds23TermHY IBHC 24.49 23.13 23.47 -0.94 -3.9
FlexShESG&ClimtHY FEHY 49.55 39.64 40.84 -8.72 -17.6 GS JUST US LC JUST 68.92 50.87 55.26 -13.04 -19.1 InvscBS30CpBd BSCU 19.25 15.13 15.97 -3.39 -17.5 n InvscShDurBd ISDB 25.16 25.01 25.01 ... ... iShiBoxx$HYCpBd HYG 87.00 70.40 73.63 -13.38 -15.4
FlexShsESG&ClimtIG FEIG 48.80 37.85 40.03 -8.95 -18.3 GSMarketBetaEM GSEE 52.19 35.01 39.42 -10.96 -21.8 n InvscBS30HYCpBd BSJU 25.53 23.44 24.20 ... ... InvscSolar TAN 91.12 55.54 72.94 -4.03 -5.2 iShiBoxx$InvGrCpBd LQD 131.79 98.41 105.43 -27.09 -20.4
FSESG&ClimtUSLC FEUS 55.43 40.82 43.68 -11.35 -20.6 GSMarketBetaInt GSID 57.34 39.60 46.95 -9.59 -17.0 InvscBS30MuniBd BSMU 25.62 20.45 21.67 -4.00 -15.6 InvscTaxMuniBd BAB 32.75 24.39 25.71 -7.25 -22.0 iShIndia50ETF INDY 50.40 40.17 42.31 -5.00 -10.6
FlexShEMQualLo QLVE 27.19 20.23 22.17 -3.98 -15.2 GSMarketBetaUS GSUS 66.05 47.45 51.91 -13.79 -21.0 InvscBS28CpBd BSCS 22.64 18.80 19.61 -3.08 -13.6 InvscTotalRetBd GTO 56.14 44.24 46.47 -9.89 -17.5 iShInflHdgCpBd LQDI 30.50 23.83 25.11 -5.47 -17.9
FlexGlbQualRealEst GQRE 74.16 47.93 52.64 -21.48 -29.0 n GS MktUS1000 GUSA 38.91 31.16 33.13 ... ... InvscBS25CpBd BSCP 21.88 19.73 20.14 -1.76 -8.0 InvscTreaCollat CLTL 105.63 104.81 105.34 -0.28 -0.3 n iShInfltnHdgHYBd HYGI 26.52 23.98 24.74 ... ...
FlexGlbUpstmNatRsc GUNR 49.23 36.04 43.47 3.98 10.1 GS PhysGold AAAU 20.57 16.05 18.09 -0.09 -0.5 InvscBS25HYCpBd BSJP 24.55 21.56 22.11 -2.45 -10.0 InvscUSLCCoreESG IVLC 15.22 11.12 11.94 -3.28 -21.6 n iShInflHdgUSAggBd AGIH 26.21 23.59 24.14 ... ...
FSHiYdValScored HYGV 49.12 38.43 39.85 -9.14 -18.7 GooseHollowTact GHTA 25.61 21.82 24.74 0.39 1.6 InvscBS24CpBd BSCO 21.82 20.26 20.49 -1.34 -6.2 InvscUltShDur GSY 50.29 49.23 49.46 -0.84 -1.7 iShIntRtHdgCorpBd LQDH 95.98 87.37 90.49 -5.22 -5.5
FlexShiBoxx5YTIPS TDTF 28.11 23.32 23.62 -4.42 -15.8 GothamEnh500 GSPY 25.80 19.53 20.91 -4.61 -18.1 InvscBS24HYCpBd BSJO 25.01 21.41 22.12 -2.86 -11.4 InvscVrdoTaxFr PVI 25.02 24.82 24.95 0.08 0.3 iShIntRtHdgHiYdBd HYGH 88.26 78.39 82.01 -5.99 -6.8
FlexiBx3YDurTIPS TDTT 26.48 23.32 23.52 -2.79 -10.6 n Gotham1000Value GVLU 20.07 16.50 18.79 ... ... InvscBS27CpBd BSCR 21.48 18.31 19.00 -2.56 -11.9 InvscVarRateInvt VRIG 25.09 24.41 24.71 -0.35 -1.4 iShIntRtLTCpBd IGBH 25.01 21.85 23.22 -1.61 -6.5
FlexShIntQualDiv IQDE 24.32 16.86 19.38 -4.26 -18.0 GraniteBbgComm COMB 35.66 22.26 22.49 -3.16 -12.3 InvscBS26CpBd BSCQ 21.10 18.37 18.93 -2.23 -10.6 InvscVarRtPfd VRP 25.94 21.53 22.39 -3.53 -13.6 n iShIRHdgUSAggBd AGRH 25.46 24.95 25.36 ... ...
FlexShIntQuDivDyn IQDY 31.32 19.82 24.15 -6.16 -20.3 GraniteGold BAR 20.54 16.03 18.05 -0.10 -0.6 InvscBS26HYCpBd BSJQ 25.66 21.69 22.52 -3.13 -12.2 InvscWaterRscs PHO 61.07 43.22 51.54 -9.30 -15.3 iShIntlAggBd IAGG 54.41 47.51 47.55 -6.98 -12.8
FlexShIntlQualDiv IQDF 26.22 17.39 20.63 -4.94 -19.3 GraniteHipsUSHi HIPS 15.45 11.35 11.99 -3.30 -21.6 InvscBS23CpBd BSCN 21.46 20.82 20.98 -0.48 -2.2 InvscWildClnEngy PBW 73.81 36.17 38.33 -33.09 -46.3 iShIntlDevProp WPS 37.37 23.56 27.37 -9.89 -26.5
FlexShMDevMktxUS TLTD 74.37 50.40 60.34 -11.63 -16.2 n Granite1.5xLgCoin CONL 24.43 3.92 4.58 ... ... InvscBS23HYCpBd BSJN 25.30 22.73 23.31 -1.98 -7.8 InvscZacksMC CZA 97.57 78.15 88.89 -7.22 -7.5 iShIntlDevRealEst IFGL 28.70 17.94 21.06 -7.44 -26.1
FlexShEM FactTilt TLTE 60.96 41.22 46.78 -12.30 -20.8 n GrShr1.5xLgMetaDly FBL 27.49 24.85 26.53 ... ... InvscBS31CpBd BSCV 21.26 14.92 15.75 -3.83 -19.6 InvscZacksMltIncm CVY 25.82 19.34 21.15 -3.38 -13.8 iShIntlDevSCV ISVL 36.64 25.24 30.15 -5.93 -16.4
FlexMrnUSMktFtrTlt TILT 184.59 137.43 148.60 -33.82 -18.5 n GrShr1.5xLgNVDADly NVDL 26.60 17.72 18.75 ... ... InvscBS31MuniBd BSMV 25.01 19.53 20.77 -4.29 -17.1 n IonicInfltn CPII 20.65 19.34 19.82 ... ... iShIntlDivGrowth IGRO 69.03 48.64 57.63 -10.17 -15.0
FlexShQualDivDef QDEF 59.37 45.30 51.45 -7.75 -13.1 n Granite1.75xLgAAPL AAPB 27.92 14.64 15.38 ... ... n InvscBS32CpBd BSCW 21.11 18.51 19.89 ... ... iPathBloomCocoaTR NIB 32.28 23.02 28.07 -0.98 -3.4 iShIntlEquity INTF 29.55 20.47 24.60 -4.22 -14.6
FlexShQualDivDyn QDYN 66.31 49.91 55.70 -9.72 -14.9 n GrShr1.75xLgBABA BABX 26.76 22.88 24.06 ... ... InvscBS28HYCpBd BSJS 25.36 20.03 20.68 -4.63 -18.3 iPathBloomCommTR DJP 41.71 28.54 33.71 5.01 17.5 iShIntlTreasuryBd IGOV 50.47 35.47 39.15 -11.14 -22.2
FlexShQualityDiv QDF 61.84 46.83 52.60 -8.74 -14.2 n Granite1.25xLTesla TSL 27.41 6.94 8.13 ... ... InvscBS28MuniBd BSMS 26.20 22.16 23.23 -2.96 -11.3 iPathBloomLeadTR LD 55.18 36.20 50.56 1.90 3.9 n iShIGCpBdBuyWr LQDW 39.99 33.94 34.01 ... ...
FlexShReadyAcc RAVI 75.59 73.27 74.40 -1.16 -1.5 n Granite1xShTSLA TSLI 58.20 23.04 46.74 ... ... InvscBS25MuniBd BSMP 26.02 23.72 24.32 -1.62 -6.2 iPathGSCI nts GSP 28.75 16.62 21.68 4.95 29.6 iShJPM EM LC Bd LEMB 40.19 31.86 34.71 -4.51 -11.5
FlexShRealAsset ASET 35.85 26.75 29.99 -4.19 -12.3 GranitePlatinum PLTM 11.57 8.04 10.50 1.03 10.8 InvscBS24MuniBd BSMO 25.78 24.34 24.75 -0.98 -3.8 iPathPBBroadCmod BCM 60.15 38.89 45.70 6.58 16.8 iShJPX-Nikkei400 JPXN 71.97 50.79 58.32 -12.36 -17.5
FlexShSTOXXGlb NFRA 58.48 43.81 50.41 -6.94 -12.1 GraniteXOUTUSLC XOUT 45.75 30.80 32.40 -12.93 -28.5 InvscBS24USDEM BSDE 25.85 23.66 24.07 -1.75 -6.8 iPathPBCrudeOil OIL 39.74 23.31 30.50 7.02 29.9 iShJPMEMHYBd EMHY 43.06 31.52 34.98 -8.11 -18.8
FlexStoxxGlbESGSel ESGG 154.08 107.86 121.28 -30.57 -20.1 n GrayscaleFuture GFOF 29.20 7.14 7.58 ... ... InvscBS29CpBd BSCT 20.82 16.94 17.77 -3.15 -15.1 iPathBlmAgricult JJA 38.48 22.04 25.47 3.32 15.0 iShJPMUSDEmgBd EMB 108.73 76.34 84.59 -24.47 -22.4
FlexStoxxUSESGSel ESG 117.64 84.89 91.83 -24.34 -21.0 GrizzleGrowth GRZZ 26.29 19.56 19.93 -5.30 -21.0 InvscBS29HYCpBd BSJT 24.64 19.08 19.93 -4.71 -19.1 iPathBlmAlum JJU 84.16 43.37 50.16 -8.79 -14.9 iShLatinAmer40 ILF 31.24 20.75 22.89 -0.57 -2.4
FlexShUSQualLC QLC 52.69 38.93 42.61 -9.60 -18.4 GuruFavoriteStocks GFGF 25.58 17.96 20.11 -5.23 -20.7 InvscBS29MuniBd BSMT 26.17 21.76 22.90 -3.25 -12.4 iPathBlmCoffee JO 70.55 44.03 47.84 -13.38 -21.9 iShMBSETF MBB 107.28 88.00 92.75 -14.68 -13.7
FlexShUSQualLo QLV 56.48 45.67 50.27 -6.55 -11.5 HCM Def500 LGH 47.03 32.93 33.35 -12.84 -27.8 InvscBS27HYCpBd BSJR 25.42 20.41 21.38 -4.00 -15.8 iPathBlmCopper JJC 24.87 15.86 19.38 -2.96 -13.3 iShMSCIACWI ACWI 106.78 75.71 84.88 -20.90 -19.8
FolioRisingRates RISR 34.44 24.84 31.59 6.60 26.4 HCM Def100 QQH 57.61 33.72 34.05 -22.32 -39.6 InvscBS27MuniBd BSMR 25.85 22.59 23.52 -2.29 -8.9 iPathBlmCotton BAL 93.03 48.58 59.23 -4.74 -7.4 iShMSCIACWIxUS ACWX 56.79 38.81 45.50 -10.10 -18.2
Formidable FORH 26.58 22.77 23.38 -1.32 -5.4 n HarborAllWeather HGER 27.24 19.37 22.03 ... ... InvscBS26MuniBd BSMQ 25.86 22.74 23.51 -2.35 -9.1 iPathBlmEnergy JJE 86.23 40.90 54.41 14.14 35.1 iShACWILowCarbon CRBN 175.38 123.39 138.14 -35.83 -20.6
FormidableFort KONG 25.98 21.75 23.61 -2.64 -10.1 n HarborCpCult HAPI 23.15 19.74 21.72 ... ... InvscBS23MuniBd BSMN 25.65 24.72 25.14 -0.47 -1.8 iPathBlmGrains JJG 98.50 64.97 77.64 11.39 17.2 iShMSCIAgProd VEGI 50.61 37.02 42.85 1.96 4.8
FormulaHdgGrwth FFHG 37.61 30.18 31.59 -5.64 -15.2 n HarborCpCult HAPY 21.11 14.69 15.87 ... ... InvscBS23USDEM BSCE 25.88 23.06 23.26 -2.61 -10.1 iPathBlmIndMet JJM 95.29 50.46 64.13 -1.65 -2.5 iShMSCIACxJpn AAXJ 85.72 54.39 64.79 -17.91 -21.7
FormulaFolIncm FFTI 23.84 19.93 20.34 -3.55 -14.9 HarborDisruptInnov INNO 19.93 10.35 10.87 -8.92 -45.1 InvscBuyBackAch PKW 98.02 73.80 85.56 -10.94 -11.3 iPathBlmLivestk COW 41.81 35.49 40.36 2.68 7.1 iShMSCIAustralia EWA 27.16 19.19 22.23 -2.60 -10.5
FormulaFolSmartGrw FFSG 37.82 29.06 30.72 -6.83 -18.2 n HarborDivGrw GDIV 15.20 11.29 11.84 ... ... InvscCA AMT-Fr PWZ 27.95 22.69 24.14 -3.76 -13.5 iPathBBloomNatGas GAZ 52.65 18.48 22.08 3.17 16.8 iShMSCIAustria EWO 27.15 15.28 19.00 -6.45 -25.3
FormulaFolTactGrw FFTG 31.15 23.47 24.42 -6.73 -21.6 n HarborEner RENW 25.91 18.39 19.10 ... ... InvscCEFIncmComp PCEF 24.23 17.16 18.12 -6.06 -25.1 iPathBlmNickel JJN 74.45 25.15 39.73 12.36 45.1 iShMSCIBIC BKF 46.63 29.08 34.34 -10.42 -23.3
FountMetaverse MTVR 23.75 13.18 14.36 -9.16 -38.9 n HarborHlthCr MEDI 21.03 19.73 20.25 ... ... InvscChinaTech CQQQ 63.51 29.86 43.40 -18.73 -30.1 iPathBlmPlatinum PGM 55.70 37.71 51.46 6.22 13.7 iShMSCIBelgium EWK 21.82 14.02 17.92 -3.44 -16.1
FountSubEcon SUBS 23.68 15.80 16.81 -7.01 -29.4 n HarborIntlComp OSEA 23.25 18.16 21.80 ... ... InvscConsrvMulti PSMC 13.93 11.44 11.89 -1.97 -14.2 iPathBlmPrecMet JJP 72.80 54.58 63.38 -0.28 -0.4 iShMSCIBrazil EWZ 39.59 25.21 27.97 -0.10 -0.4
FrankDisrComm BUYZ 41.42 19.88 20.70 -20.54 -49.8 n HarborLtGrowers WINN 20.99 13.25 13.57 ... ... InvscCurrShAUD FXA 75.88 61.33 67.40 -4.69 -6.5 iPathBlmSofts JJS 69.67 54.14 59.74 -2.60 -4.2 iShMSCIBrazilSC EWZS 17.97 10.68 11.67 -2.06 -15.0
FrankDynMuniBd FLMI 26.83 22.41 23.36 -3.46 -12.9 HarborSciAlpHy SIHY 49.42 41.39 42.96 -6.47 -13.1 InvscCurrShGBP FXB 132.28 102.20 116.14 -13.95 -10.7 iPathBlmSugar SGG 66.35 52.79 63.33 6.86 12.1 iShMSCICda EWC 41.12 29.55 32.73 -5.70 -14.8
FrankEMCoreDiv DIEM 31.43 19.85 22.49 -7.65 -25.4 HarborSciAlpIncm SIFI 48.83 41.46 42.32 -6.80 -13.8 InvscCurrShCAD FXC 78.86 70.03 72.27 -5.21 -6.7 iPathBlmTin JJT 149.71 54.89 78.03 -38.98 -33.3 iShMSCIChileCap ECH 30.99 21.74 27.09 4.00 17.3
FrankExpData XDAT 26.84 13.96 14.96 -12.59 -45.7 HartfordCoreBd HCRB 40.42 32.80 34.03 -6.66 -16.4 InvscCurrShEuro FXE 106.75 88.37 98.80 -6.96 -6.6 iPathBS&P500VIXMid VXZ 31.84 24.64 25.85 0.12 0.5 iShMSCIChinaAETF CNYA 43.60 27.68 31.22 -12.38 -28.4
FrankFTSEAsiaxJpn FLAX 27.67 17.50 20.52 -5.50 -21.1 n HartfordDiscUS HDUS 40.83 38.88 38.91 ... ... InvscCurrShJPY FXY 82.58 61.60 71.10 -10.39 -12.8 iPathS&P500VIX VXX 41.65 13.91 14.12 -4.41 -23.8 iShMSCIChina MCHI 66.06 35.02 47.50 -15.27 -24.3
FrankFTSEAustralia FLAU 32.06 22.87 26.23 -3.26 -11.1 HartfordLCGrw HFGO 18.90 10.83 11.79 -6.83 -36.7 InvscCurrShCHF FXF 99.00 88.08 96.51 -2.26 -2.3 iShAAA-ACpBd QLTA 55.80 43.84 46.33 -9.73 -17.4 n iShMSCICnMulti TCHI 25.13 13.67 18.73 ... ...
FrankFTSEBrazil FLBR 24.52 15.46 17.23 -0.35 -2.0 HartfordLongEc HLGE 28.36 21.38 23.21 -4.95 -17.6 InvscDBComm DBC 30.64 20.68 24.65 3.87 18.6 iShAsia50ETF AIA 80.69 44.42 56.74 -19.82 -25.9 iShMSCIChinaSC ECNS 48.89 26.57 34.96 -12.97 -27.1
FrankFTSECanada FLCA 36.75 26.93 29.73 -4.77 -13.8 HartfordMultiDvxUS RODM 30.70 21.20 24.79 -5.32 -17.7 InvscDWABasicMatl PYZ 104.31 68.39 79.06 -15.55 -16.4 iShA/PDividend DVYA 40.38 28.23 33.69 -3.34 -9.0 iShMSCIDenmarkCap EDEN 111.12 73.02 96.98 -14.24 -12.8
FrankFTSEChina FLCH 26.14 14.17 18.68 -6.14 -24.7 HartfordMultiEM ROAM 24.69 17.94 19.48 -4.57 -19.0 InvscDWAConsCyc PEZ 91.99 58.73 64.04 -27.30 -29.9 iShBBBRatedCpBd LQDB 100.59 78.85 82.36 -19.06 -18.8 iShMSCI EAFE EFA 80.04 54.61 65.64 -13.04 -16.6
FrankFTSEEurope FLEE 29.81 19.68 24.03 -5.35 -18.2 HartfordLowVolIntl RODE 29.17 21.50 23.99 -4.46 -15.7 InvscDWACnsStpls PSL 91.77 74.72 82.66 -8.78 -9.6 iShBBCpBd HYBB 51.81 42.70 44.40 -7.46 -14.4 iShMSCIEAFESC SCZ 73.96 47.12 56.48 -16.61 -22.7
FrankFTSEEurHdg FLEH 29.19 21.40 21.56 -7.14 -24.9 HartfordMultSC ROSC 41.60 32.05 35.68 -4.85 -12.0 InvscDWADevMkt PIZ 40.34 23.65 27.46 -12.85 -31.9 iShAgencyBond AGZ 117.02 105.00 106.43 -10.74 -9.2 iShMSCIEMAsia EEMA 84.67 53.34 63.32 -18.71 -22.8
FrankFTSEFrance FLFR 32.46 21.21 26.52 -5.15 -16.3 HartfordMultiUS ROUS 44.22 34.98 39.03 -4.99 -11.3 InvscDWAEMMom PIE 25.90 15.73 17.79 -8.01 -31.1 iShCMBSETF CMBS 52.92 44.35 45.91 -7.12 -13.4 iShMSCIEMxChina EMXC 63.04 43.73 47.47 -13.16 -21.7
FrankFTSEGermany FLGR 26.17 15.05 19.21 -6.31 -24.7 HartfordMuniOpps HMOP 41.89 35.94 37.56 -4.30 -10.3 InvscDWAEnerMom PXI 53.05 30.58 43.23 12.62 41.3 iShGovtCreditBd GBF 121.00 99.07 102.60 -18.93 -15.6 iSh MSCI EM EEM 50.89 33.48 37.90 -10.95 -22.4
FrankFTSE HK FLHK 25.88 16.75 21.43 -3.14 -12.8 HartfordSchCmd HCOM 29.79 14.72 16.86 -3.20 -16.0 InvscDWAFinMom PFI 54.93 37.80 40.74 -13.93 -25.5 iShIntmGovt/CredBd GVI 113.71 100.12 102.46 -11.29 -9.9 iSh MSCI EM SC EEMS 60.93 43.86 48.28 -11.94 -19.8
FrankFTSEIndia FLIN 33.66 26.88 29.14 -2.75 -8.6 HartfordSchrUS HEET 26.63 20.05 21.49 -5.25 -19.6 InvscDWAHlthcrMom PTH 154.91 105.92 123.01 -31.94 -20.6 iSh10-20YTreasBd TLH 147.34 100.69 108.18 -40.22 -27.1 iShMSCIEmgMulti EMGF 52.80 37.51 41.04 -10.09 -19.7
FrankFTSEItaly FLIY 28.11 17.59 22.11 -5.34 -19.5 HartfordSchTax HTAB 21.27 18.04 19.06 -2.20 -10.3 InvscDWAIndlsMom PRN 117.00 78.72 86.37 -29.88 -25.7 iSh3-7YTreaBd IEI 128.28 112.26 114.89 -13.78 -10.7 iShMSCIEurFinls EUFN 21.94 13.54 17.53 -2.52 -12.6
FrankFTSEJapan FLJP 30.00 21.17 24.04 -5.34 -18.2 HartfordShrtDur HSRT 40.52 35.89 37.75 -2.79 -6.9 InvscDWAMom PDP 94.72 66.22 71.05 -23.47 -24.8 iSh0-5YTIPSBd STIP 106.78 96.04 96.96 -8.92 -8.4 iShMSCIEuropeSC IEUS 70.52 39.60 49.40 -20.20 -29.0
FrankFTSEJapanHdg FLJH 32.39 24.00 24.29 -7.14 -22.7 HartfordSustIncm HSUN 39.09 31.30 32.73 -6.50 -16.6 InvscDWASCMom DWAS 91.50 64.87 72.76 -17.25 -19.2 iShBiotech IBB 152.49 104.29 131.29 -21.33 -14.0 iShMSCIEurozone EZU 50.12 31.14 39.48 -9.54 -19.5
FrankFTSELatAm FLLA 26.17 17.76 19.62 -0.40 -2.0 HartfordTRBd HTRB 39.66 31.56 33.04 -6.69 -16.8 InvscDWATechMom PTF 168.12 98.88 113.40 -52.75 -31.7 n iShBlockchain IBLC 25.34 9.39 9.92 ... ... iShMSCIFinlandCap EFNL 49.04 30.37 37.41 -10.47 -21.9
FrankFTSEMexico FLMX 27.91 21.94 24.50 -0.47 -1.9 n HashdexBitcoinFut DEFI 26.66 19.77 21.39 ... ... InvscDWAUtilMom PUI 38.34 30.49 34.19 -1.52 -4.3 iShBloomRollSel CMDY 68.21 49.34 54.51 5.03 10.2 iShMSCIFrance EWQ 40.04 26.26 33.12 -5.76 -14.8
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

R12 | Tuesday, January 3, 2023 THE WALL STREET JOURNAL.

JOURNAL REPORT | EXCHANGE-TRADED PORTFOLIOS 2022 TRADING SUMMARY

Net Pct Net Pct Net Pct Net Pct Net Pct
Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg

iShMSCIFrontier FM 35.51 23.21 25.47 -9.04 -26.2 n KellyHotel HOTL 16.31 11.81 12.70 ... ... PacerUSCashCows BUL 43.31 31.19 36.00 -7.24 -16.7 n SPDRBlackHiIncm HYBL 30.11 26.69 27.26 ... ... SprottJrGoldMiners SGDJ 46.79 21.61 28.88 -11.98 -29.3
iShMSCIGermany EWG 33.71 19.35 24.73 -8.05 -24.6 n KellyResidential RESI 15.14 9.81 10.03 ... ... PacerUSCashCows100 COWZ 51.60 39.95 46.25 -0.84 -1.8 SPDRBlackSrLoan SRLN 45.88 40.42 40.90 -4.73 -10.4 SprottUranium URNM 47.42 27.00 31.74 -4.27 -11.9
iShMSCIGermanySC EWGS 80.35 43.05 54.59 -24.88 -31.3 KingsbarnTactBd KDRN 24.93 20.83 21.59 -3.46 -13.8 PacerUSExportLead PEXL 46.71 32.50 36.93 -9.74 -20.9 SPDRBBCpBd SPBO 34.66 26.85 28.38 -6.43 -18.5 SterlingCapDivMul DEIF 25.92 21.27 23.14 -2.43 -9.5
iShMSCIGloblEnProd FILL 26.88 17.93 24.25 6.41 35.9 KnowldgLdrDevWld KLDW 47.73 31.92 36.07 -11.73 -24.5 n PacerUSLCCash COWG 20.16 19.57 19.86 ... ... SPDRBlmCvSecs CWB 83.44 62.22 64.34 -18.62 -22.4 SterlingCapFocus LCG 30.36 17.91 19.84 -10.75 -35.1
iShMSCIGlblGoldMin RING 33.58 16.80 22.33 -4.64 -17.2 n KovitzCoreEquity EQTY 16.66 15.28 15.70 ... ... PacerUSSCCash100 CALF 44.26 31.93 35.95 -6.82 -15.9 SPDRBlmEMLocBd EBND 24.60 18.45 20.56 -3.88 -15.9 n StrategasGlbPol SAGP 27.11 20.56 23.58 ... ...
iShMSCIGlbMulti ACWF 39.58 29.06 31.76 -7.42 -18.9 KraneAPHiIncm KHYB 33.03 23.79 26.93 -5.99 -18.2 PacerWealthShield PWS 33.27 28.15 28.65 -4.41 -13.3 SPDRBBEMUSDBd EMHC 29.58 21.24 23.34 -6.47 -21.7 n StrategasMacro SAMT 27.50 21.37 23.10 ... ...
iShMSCIGlbMet&MnPr PICK 53.00 31.86 41.00 -1.62 -3.8 KraneBBCnBd KBND 35.31 27.77 30.96 -3.07 -9.0 n PinnacleFocOpps FCUS ... ... 20.06 ... ... SPDR Blm HY Bd JNK 108.61 86.28 90.00 -18.57 -17.1 StrategyResRobust ROMO 30.43 23.42 24.34 -5.90 -19.5
iShMSCIGlSilverMin SLVP 15.72 7.86 10.51 -2.39 -18.5 KraneBoseraCnA50 KBA 43.43 24.81 25.49 -17.93 -41.3 PointBridgeGOP MAGA 42.43 34.29 38.43 -0.91 -2.3 SPDRBlmInCpBd IBND 34.67 24.18 27.72 -6.87 -19.9 StratGoldHdg GLDB 25.76 16.24 19.07 -5.33 -21.8
iShMSCIGlbSus SDG 90.99 68.51 78.91 -11.85 -13.1 KraneCICCCnCnsmr KBUY 24.49 14.09 18.96 -5.12 -21.3 n PreferredPlus IPPP 11.39 8.39 8.85 ... ... SPDRBlmIntTrBd BWX 28.26 20.10 22.43 -5.84 -20.7 n StrategyHaltClim NZRO 26.45 18.98 20.47 ... ...
iShMSCIEAFEGrowth EFG 110.97 70.21 83.76 -26.53 -24.1 KraneCICCCn5GSemi KFVG 26.53 13.55 15.34 -11.19 -42.2 PrincipalActHY YLD 20.94 17.22 17.85 -2.98 -14.3 SPDRBlmInvGrdFR FLRN 30.64 29.97 30.39 -0.20 -0.7 StrategyNasd5HANDL FIVR 26.60 19.60 20.50 -4.59 -18.3
iShMSCIHongKong EWH 24.72 16.04 21.01 -2.18 -9.4 KraneCICCChina KFYP 30.54 20.27 22.50 -6.91 -23.5 PrincipalHlthInnov BTEC 48.76 27.71 33.63 -13.66 -28.9 SPDRBB1-10YTIPS TIPX 21.33 18.19 18.45 -2.67 -12.6 n Strive500 STRV 26.10 22.21 24.26 ... ...
iShMSCIIndia INDA 48.58 38.58 41.74 -4.10 -8.9 KraneCSIChInt KWEB 39.80 17.22 30.20 -6.29 -17.2 PrincipalIntAd PXUS 25.59 16.59 20.32 -4.88 -19.4 SPDRBlm1-3MTB BIL 91.67 91.33 91.47 0.04 0.0 n Strive1000DivGrw STXD 28.36 25.25 25.70 ... ...
iShMSCIIndiaSC SMIN 63.89 47.61 51.76 -8.59 -14.2 KraneShCaliCarbon KCCA 29.30 20.30 23.23 -5.01 -17.7 PrincInvGrdCp IG 26.17 19.82 20.42 -5.90 -22.4 SPDRBlSASBCpBd RBND 24.53 19.18 20.23 -4.45 -18.0 n Strive1000Grw STXG 28.73 24.75 25.14 ... ...
iShMSCIIndonesia EIDO 25.62 21.22 22.39 -0.58 -2.5 KraneChinaInnov KGRO 24.19 13.46 15.28 -8.97 -37.0 PrincipalMillGr GENY 58.44 31.77 38.40 -19.29 -33.4 n SPDRBbgSASBDev RDMX 29.40 20.45 24.05 ... ... n Strive1000Val STXV 26.12 24.58 24.93 ... ...
iShMSCIIntlMom IMTM 38.51 26.44 30.83 -7.20 -18.9 KraneElcVehicle KARS 48.21 27.30 28.14 -18.67 -39.9 PrincipalQual PSET 60.55 43.62 49.84 -10.77 -17.8 n SPDRBbgSASBEM REMG 31.01 20.59 22.89 ... ... n Strive2000 STXK 26.47 24.02 24.48 ... ...
iShMSCIIntlQual IQLT 39.67 27.02 32.39 -6.99 -17.8 n KraneElecMtls KMET 29.16 24.21 27.69 ... ... n PrincipalRealEst BYRE 27.46 20.88 22.37 ... ... SPDRBlmSTHYBd SJNK 27.17 23.47 24.24 -2.91 -10.7 n StriveUSEner DRLL 31.92 23.83 29.45 ... ...
iShMSCIIntlSize ISZE 29.55 20.71 24.02 -5.21 -17.8 KraneEMCnsTech KEMQ 23.78 11.11 14.63 -9.00 -38.1 PrincipalSpectPfd PREF 20.29 16.52 17.11 -3.17 -15.6 SPDRBlmSTInTr BWZ 30.67 24.48 27.06 -3.33 -11.0 n StriveUSSemi SHOC 28.37 20.52 24.55 ... ...
iShMSCIIntlSC ISCF 36.57 25.63 30.00 -6.25 -17.2 KraneEMHlthcrIndex KMED 27.95 19.01 21.91 -5.92 -21.3 PrincipalTaxAdv PQDI 21.05 17.64 18.04 -3.02 -14.3 SPDR 3-12MT-Bill BILS 100.01 99.10 99.29 -0.71 -0.7 n SubversiveDecarb DKRB 24.99 24.33 24.88 ... ...
iShMSCIIntlValue IVLU 27.36 19.54 23.17 -2.27 -8.9 KraneEuroCarbon KEUA 38.08 21.01 30.35 -0.85 -2.7 PrincipalUSLC PLRG 29.26 21.53 22.85 -6.11 -21.1 SPDRDoubleEMFixed EMTL 48.81 36.98 40.20 -8.64 -17.7 n SubversiveFood KCAL 25.02 24.41 24.66 ... ...
iShMSCIIreland EIRL 59.01 36.38 45.73 -11.24 -19.7 n KraneGlbCarbon KSET 25.31 7.47 9.43 ... ... PrinUSMega USMC 44.73 32.66 36.06 -8.24 -18.6 SPDRDoubleShDurTR STOT 49.05 45.43 46.09 -3.02 -6.1 n SubversMentalHlth SANE 25.04 24.54 24.81 ... ...
iShMSCIIsrael EIS 79.90 55.01 55.99 -21.91 -28.1 KraneGlbCarbon KRBN 56.07 35.35 36.47 -14.43 -28.3 PrincipalUSSC PLTL 27.07 20.82 22.31 -4.33 -16.2 SPDRDoubleTRTact TOTL 47.35 38.82 40.04 -7.30 -15.4 n SubversiveMeta PUNK 28.50 16.37 16.72 ... ...
iShMSCIItaly EWI 33.94 20.99 26.94 -5.87 -17.9 n KraneGlbCarbon KGHG 27.95 20.56 23.77 ... ... PrinUSSCMulti PSC 48.28 36.47 39.09 -8.33 -17.6 SPDRDJGlbRealEst RWO 56.77 36.48 40.90 -15.63 -27.6 SwanHdgEqUSLC HEGD 19.69 16.63 17.16 -2.35 -12.0
iShMSCIJapan EWJ 68.48 47.64 54.44 -12.52 -18.7 KraneHangSengTECH KTEC 18.83 8.26 12.99 -4.62 -26.2 PrincUltShAct USI 24.50 23.95 24.08 -0.42 -1.7 SPDRIntGovBd WIP 54.98 36.97 41.20 -12.61 -23.4 SyntaxStratLC SSPY 72.26 57.86 63.68 -7.62 -10.7
iShMSCIJapanSC SCJ 75.85 55.92 64.93 -10.39 -13.8 KraneChinaHlthCr KURE 29.00 16.67 21.39 -7.31 -25.5 PrincipalValue PY 45.62 36.54 40.90 -3.58 -8.1 SPDRFactSetInnTech XITK 192.33 90.06 100.23 -90.68 -47.5 SyntaxStratMC SMDY 41.16 31.66 35.21 -5.53 -13.6
iShMSCIJapanVal EWJV 28.55 21.29 24.44 -2.27 -8.5 KraneAllChina KALL 30.00 17.24 20.94 -7.64 -26.7 n ProcureDisaster FEMA 25.31 19.96 24.27 ... ... SPDRGlobalDow DGT 118.65 85.50 101.06 -12.41 -10.9 SyntaxStratSC SSLY 51.28 37.47 40.57 -9.81 -19.5
iShMSCIKLD400Soc DSI 93.69 64.72 71.79 -21.13 -22.7 KraneMSCICnClean KGRN 47.56 24.10 27.19 -19.38 -41.6 ProcureSpace UFO 27.46 17.67 19.49 -7.57 -28.0 SPDRGoldMini GLDM 41.14 32.12 36.19 -0.17 -0.5 n SyntaxStratTM SYII 42.73 36.07 39.39 ... ...
iShMSCIKokusai TOK 102.58 74.00 80.75 -20.96 -20.6 KraneMSCICnLdrs KESG 27.86 13.41 19.01 -7.59 -28.5 ProShBigDataRef DAT 39.01 19.95 21.70 -17.28 -44.3 SPDR Gold GLD 193.30 150.57 169.64 -1.32 -0.8 SyntaxStratUSTM SYUS 45.87 36.54 40.19 -5.23 -11.5
iShMSCIKuwait KWT 41.01 32.11 33.00 -0.15 -0.5 KraneEMxChina KEMX 32.51 22.20 24.13 -7.01 -22.5 ProShBitcoin BITO 30.30 9.48 10.43 -18.47 -63.9 SPDR ICE Pfd PSK 42.91 32.02 32.82 -10.09 -23.5 SyntaxStrUSTMH SHUS 41.74 36.84 38.71 -2.67 -6.4
iShMSCIMalaysia EWM 25.97 19.60 22.84 -2.19 -8.7 KraneSh1Belt1Road OBOR 31.34 21.83 22.72 -7.77 -25.5 ProShDJBrkGlIn TOLZ 51.58 38.79 44.47 -3.36 -7.0 SPDRLoomisOpp OBND 29.87 24.56 25.43 -4.49 -15.0 n ThorLowVol THLV 26.16 22.49 24.67 ... ...
iShMSCIMexico EWW 55.83 43.65 49.45 -1.15 -2.3 n KraneS&PPanAsia KDIV 26.82 21.54 25.62 ... ... ProShDecRetail EMTY 18.25 13.78 14.81 0.52 3.7 SPDRACWILowCarbon NZAC 33.41 23.42 26.19 -7.01 -21.1 TRowePriceBlueChip TCHP 33.40 19.78 20.62 -12.54 -37.8
iShMSCINetherlands EWN 50.70 28.67 37.24 -12.98 -25.8 KraneSSEStr50 KSTR 24.35 13.48 14.96 -9.37 -38.5 ProShEquRising EQRR 56.87 42.42 50.74 -0.12 -0.2 SPDREAFEFossilFr EFAX 85.16 57.44 68.02 -15.89 -18.9 TRowePriceDivGwth TDVG 35.36 27.82 31.39 -3.96 -11.2
iShMSCINZ ENZL 59.88 39.50 48.55 -10.33 -17.5 LHAMktStAlpha MSVX 27.73 23.80 24.82 -0.18 -0.7 ProShGlbListedPrv PEX 36.51 23.03 26.13 -9.77 -27.2 SPDRMSCIEAFEStrat QEFA 77.66 54.27 64.10 -12.65 -16.5 TRowePriceEqIncm TEQI 38.07 30.58 34.08 -2.01 -5.6
iShMSCINorwayCap ENOR 31.80 20.59 24.56 -4.57 -15.7 LHA MktStTact MSTB 32.57 23.20 24.60 -7.64 -23.7 ProShHdgReplic HDG 51.91 44.71 47.03 -4.56 -8.8 SPDREMFossilFuelFr EEMX 76.11 50.90 57.39 -15.79 -21.6 n T.RowePriceFR TFLR 50.30 49.65 49.79 ... ...
iShMSCIPacxJpn EPP 50.56 36.62 42.79 -4.97 -10.4 n LHAMktStTactQ MSTQ 28.46 19.54 19.89 ... ... ProShHY IntRt HYHG 63.44 55.59 58.40 -4.36 -6.9 SPDRMSCIEMStrat QEMM 69.40 49.61 53.43 -14.19 -21.0 TRowePriceGrowth TGRW 33.66 19.85 20.57 -12.84 -38.4
iShMSCIPeru EPU 38.13 23.29 28.67 -0.95 -3.2 LeaderActivLdrs ACTV 37.45 26.46 29.32 -7.13 -19.6 ProShInflationExp RINF 36.14 28.84 32.96 2.30 7.5 n SPDRMSCIUSAClimtPA NZUS 24.56 19.90 21.17 ... ... T.RoweQMUSBd TAGG 49.68 40.49 42.12 -7.75 -15.5
iShMSCIPhilippines EPHE 33.26 22.07 26.19 -5.45 -17.2 LeaderAlphaFactor LSAT 38.84 28.50 30.89 -4.74 -13.3 ProShInvGrdIntRt IGHG 75.16 66.81 71.11 -3.26 -4.4 SPDRGenderDiv SHE 102.69 71.50 78.79 -23.42 -22.9 T.RowePriceTR TOTR 49.54 39.46 40.59 -9.26 -18.6
iShMSCIPoland EPOL 23.12 10.45 15.46 -5.60 -26.6 LeaderAlphaUSCore LSAF 35.59 26.26 30.09 -4.89 -14.0 ProShK1FreeCrude OILK 62.45 40.04 44.82 4.17 10.3 SPDRMSCIUSAStrat QUS 131.22 99.14 110.31 -20.30 -15.5 TRowePriceUSEquity TSPA 28.59 20.96 22.72 -5.55 -19.6
iShMSCIQatar QAT 25.71 18.24 18.35 -2.24 -10.9 LeaderSharesDynYd DYLD 25.00 21.37 22.08 -3.06 -12.2 ProShLCCorePlus CSM 56.19 42.10 44.91 -10.77 -19.3 SPDRMSCIWorldStrat QWLD 110.87 83.39 93.84 -16.54 -15.0 n T.RowePriceUSHY THYF 52.31 49.61 50.39 ... ...
iShMSCISaudiArabia KSA 51.12 36.49 37.72 -3.17 -7.8 LeaderShEqSkew SQEW 35.33 26.14 27.71 -7.40 -21.1 ProShLgOnline CLIX 56.78 27.71 29.54 -25.92 -46.7 n SPDR MktIG400CpBd LQIG 103.13 89.34 93.47 ... ... T.RoweUltSTBd TBUX 49.81 48.23 48.45 -1.32 -2.7
iShMSCISingapore EWS 22.56 16.16 18.81 -2.58 -12.1 LeatherbackL/S LBAY 29.99 24.69 29.36 4.67 18.9 ProShDivGrowers EFAD 45.87 30.07 35.39 -10.44 -22.8 SPDR NYSE Tech XNTK 167.66 87.92 96.87 -68.79 -41.5 TechSelectSector XLK 176.00 112.97 124.44 -49.43 -28.4
iShMSCISouthAfrica EZA 56.60 35.63 42.41 -3.99 -8.6 LeutholdCore LCR 32.67 27.50 28.98 -2.61 -8.3 ProShMSCIEMDiv EMDV 59.50 39.76 45.21 -12.09 -21.1 SPDRNuvBBHYMuni HYMB 60.11 46.70 48.97 -11.11 -18.5 TeucriumAgriFd TAGS 37.91 26.63 31.32 4.38 16.3
iShMSCISthKorea EWY 79.84 47.19 56.48 -21.39 -27.5 LifeGoalConsrv SAVN 9.99 8.25 8.70 -1.31 -13.0 ProShMSCIEurDiv EUDV 54.48 34.33 40.20 -14.29 -26.2 SPDRNuveenMuniBd TFI 51.71 43.43 45.62 -6.11 -11.8 n TeucriumAgK1 TILL 40.62 32.14 35.21 ... ...
iShMSCISpain EWP 27.68 19.27 24.18 -2.09 -8.0 LifeGoalHome HOM 9.84 7.93 8.40 -1.45 -14.7 ProShMSCITransform ANEW 44.99 28.71 31.38 -13.67 -30.3 SPDRNuveenSTMuni SHM 49.19 45.97 46.98 -2.20 -4.5 n TeucriumAiLALS OAIA 25.14 24.97 25.09 ... ...
iShMSCISweden EWD 47.14 26.01 32.33 -14.00 -30.2 LifeGoalWealth WLTH 9.89 7.50 8.22 -1.63 -16.5 ProShMergerETF MRGR 41.51 35.99 39.12 -2.23 -5.4 n SPDRNuvMuniBd MBNE 30.55 28.26 29.24 ... ... TeucriumCornFd CORN 30.30 21.34 26.93 5.39 25.0
iShMSCISwitz EWL 52.92 36.02 41.93 -10.80 -20.5 n LoganCapBrdInn LCLG 34.85 27.29 30.05 ... ... n ProShMetaverse VERS 47.11 27.05 28.17 ... ... SPDRNuvMuniBd MBND 29.75 25.77 26.73 -2.99 -10.1 TeucriumSoybeanFd SOYB 29.29 22.80 28.50 5.75 25.3
iShMSCITaiwan EWT 68.40 39.75 40.16 -26.45 -39.7 LoncarCancerETF CNCR 24.20 12.76 13.73 -10.07 -42.3 ProShNanotech TINY 43.59 23.42 28.31 -14.86 -34.4 SPDRPtfAggBd SPAB 29.55 24.15 25.13 -4.49 -15.2 TeucriumSugarFd CANE 10.18 8.56 9.53 0.33 3.6
iShMSCIThailand THD 81.64 62.20 75.19 -0.95 -1.2 LoncarChinaBio CHNA 27.04 13.35 18.77 -7.99 -29.9 ProShNasd100DW QQQA 44.65 28.64 31.54 -13.05 -29.3 SPDRPtfDevxUS SPDW 37.04 25.13 29.69 -6.79 -18.6 TeucriumWheatFd WEAT 12.75 7.09 7.98 0.59 8.0
iShMSCITurkey TUR 37.46 17.20 37.00 18.42 99.1 n MainBuyWrite BUYW 12.86 11.51 12.69 ... ... ProShOnDemand OND 33.91 17.08 19.51 -14.09 -41.9 SPDRPtfEM SPEM 43.05 29.80 32.96 -8.53 -20.6 3DPrintingETF PRNT 35.07 18.70 20.49 -13.81 -40.3
iShMSCIUAE UAE 19.40 14.73 14.93 -1.23 -7.6 n MainIntlETF INTL 20.40 19.28 19.39 ... ... ProShOnlRetail ONLN 57.74 26.10 28.32 -28.40 -50.1 SPDR PtfEurope SPEU 43.36 28.16 34.69 -7.92 -18.6 n ThriventSmMCESG TSME 28.02 24.21 26.38 ... ...
iShMSCIUSAESGSelct SUSA 106.80 73.86 82.32 -23.93 -22.5 MainSectorRot SECT 45.48 35.16 38.79 -6.08 -13.6 ProShPetCare PAWZ 79.18 43.47 47.10 -31.91 -40.4 SPDR PtfHYBd SPHY 26.59 21.45 22.34 -4.23 -15.9 TimothyHiDiv TPHD 34.35 27.60 31.13 -1.37 -4.2
iShMSCIUSAEW EUSA 90.03 65.35 72.94 -16.56 -18.5 MainThemInnov TMAT 20.64 11.47 12.38 -8.08 -39.5 ProShRuss2000Div SMDV 68.18 55.44 61.37 -5.51 -8.2 SPDRPtfIntermCpBd SPIB 36.06 30.68 31.83 -4.32 -12.0 TimothyHiDiv TPHE 28.33 22.40 23.46 -3.49 -12.9
iShMSCIUSASize SIZE 137.95 102.64 113.73 -23.53 -17.1 Mairs&PwrMnMun MINN 25.17 20.39 21.79 -3.38 -13.4 ProShRussUSDivGrw TMDV 51.44 41.52 46.99 -3.78 -7.5 SPDR PtfIntTrea SPTI 31.92 27.55 28.24 -3.81 -11.9 TimothyIntl TPIF 29.40 19.69 23.26 -5.85 -20.1
iShMSCIUSASCMul SMLF 58.32 43.93 49.66 -7.59 -13.3 n MartinCurrieSuInt MCSE 13.71 11.25 12.82 ... ... ProShS&P500Arist NOBL 99.75 79.09 89.99 -8.19 -8.3 SPDRPtfLTCorpBd SPLB 31.23 20.34 22.45 -9.03 -28.7 Timothy US LMC TPLC 38.87 29.55 33.50 -5.23 -13.5
iShMSCIUK EWU 35.09 25.36 30.66 -2.48 -7.5 MatlsSelSector XLB 92.31 66.85 77.68 -12.93 -14.3 ProShS&P500Bd SPXB 90.31 69.45 73.50 -17.36 -19.1 SPDRPtfLgTermTrea SPTL 41.83 26.87 29.03 -13.12 -31.1 Timothy US LMC TPLE 27.18 22.90 23.74 -3.48 -12.8
iShMSCI UK SC EWUS 46.48 24.67 30.98 -14.88 -32.4 n MatthewsAsiaInn MINV 28.11 19.46 24.29 ... ... ProShS&P500xEner SPXE 104.00 74.39 80.84 -22.41 -21.7 SPDR PtfGSM SPGM 58.50 41.67 46.63 -11.21 -19.4 Timothy US SC TPSC 36.39 27.67 30.43 -5.11 -14.4
iShMSCIEAFEValue EFV 53.64 38.08 45.88 -4.51 -9.0 n MatthewsCnActive MCH 26.11 17.28 24.17 ... ... ProShS&P500xFin SPXN 101.52 75.70 80.70 -20.07 -19.9 SPDRPtfMtgBkdBd SPMB 25.34 20.61 21.70 -3.68 -14.5 TortoiseNAPipeline TPYP 28.55 22.09 24.69 2.46 11.1
n iShMSCIWaterMgmt IWTR 27.73 22.61 26.19 ... ... n MatthewsEMEqu MEM 27.78 23.44 26.44 ... ... ProShS&P500xHlth SPXV 101.07 73.36 78.05 -21.67 -21.7 SPDRS&P500Value SPYV 42.99 34.17 38.89 -3.11 -7.4 n TouchstoneDivSel DVND 26.50 22.21 25.30 ... ...
iShMSCIWorldETF URTH 136.69 97.44 109.25 -26.07 -19.3 McElhennyMgd MSMR 24.79 19.32 21.61 -3.08 -12.5 ProShS&P500xTech SPXT 81.25 62.75 67.66 -12.69 -15.8 SPDRPtfS&P1500 SPTM 59.08 43.05 47.29 -11.16 -19.1 n TouchstoneStrat SIO 25.65 23.82 24.57 ... ...
iShMornGrw ILCG 72.46 45.97 48.68 -23.14 -32.2 n MeetKevinPricing PP 21.24 16.83 17.61 ... ... n ProShSPGlbCoreBatt ION 42.63 38.13 38.30 ... ... SPDRPtfS&P500 SPLG 56.44 40.92 44.98 -10.85 -19.4 n TouchstoneUSLC LCF 26.48 22.43 24.12 ... ...
iShMornMC IMCB 71.37 52.68 58.67 -12.41 -17.5 n MerkStagflation STGF 25.85 21.84 21.95 ... ... ProShS&PKenCln CTEX 41.69 24.48 30.23 -7.74 -20.4 SPDRS&P500Growth SPYG 73.19 47.91 50.67 -21.80 -30.1 n TouchUltShIncm TUSI 25.07 24.80 24.88 ... ...
iShMornMCGrw IMCG 73.56 48.44 53.88 -19.36 -26.4 MerlynAIBullBr WIZ 37.26 27.28 27.49 -9.39 -25.5 ProShS&PKenSmF MAKX 41.74 26.86 30.41 -11.04 -26.6 SPDRS&P500HiDiv SPYD 45.83 34.79 39.58 -2.47 -5.9 TrajanWealthIncm TWIO 10.48 8.28 8.67 -1.72 -16.6
iShMornMCValue IMCV 71.16 55.69 62.05 -6.22 -9.1 MerlynAISectSurf DUDE 29.38 20.61 20.79 -8.34 -28.6 ProShS&PMC400 REGL 75.63 64.20 71.55 -2.18 -3.0 SPDRPtfS&P400MC SPMD 50.37 38.21 42.50 -7.24 -14.6 TrimDonForRisk DFNV 29.56 21.01 22.06 -7.34 -25.0
iShMornMultiAsst IYLD 23.95 17.83 18.98 -5.05 -21.0 MicroFang-3xInv BERZ 52.25 16.46 36.11 18.31 102.9 ProShS&PTechDiv TDV 67.83 48.69 55.35 -11.59 -17.3 SPDRPtfS&P600SC SPSM 45.72 33.73 36.97 -7.72 -17.3 TrimDonForTact DFHY 24.63 20.31 20.46 -4.19 -17.0
iShMornSC ISCB 58.37 42.33 45.60 -11.62 -20.3 MicroFang3xLvg BULZ 298.00 19.07 21.29 -253.61 -92.3 n ProShShBitcoin BITI 45.61 31.24 39.79 ... ... SPDRPtfSTCpBd SPSB 30.97 28.92 29.38 -1.59 -5.1 TrueESGActOpps ECOZ 41.73 29.80 31.72 -9.68 -23.4
iShMornSCGrw ISCG 50.34 33.55 36.04 -13.60 -27.4 MicroFANG+ETN FNGS 33.16 17.82 19.33 -13.06 -40.3 ProShShtDow30 DOG 38.66 31.14 33.33 1.66 5.2 SPDRShtTermTrea SPTS 30.42 28.67 28.89 -1.54 -5.1 n TrueEagleGlb RNWZ 25.67 24.37 24.71 ... ...
iShMornSCValue ISCV 61.38 47.24 52.06 -7.37 -12.4 MicroFANG-3XInvr FNGD 98.10 34.71 59.12 20.28 52.2 ProShShXinhuaCh25 YXI 24.79 15.26 17.43 0.75 4.5 SPDR PtfTIPS SPIP 31.52 25.28 25.76 -5.74 -18.2 TrueShLowVol DIVZ 31.14 25.86 28.96 0.05 0.2
iShMornUS ILCB 67.03 48.13 52.64 -13.77 -20.7 MicroFang+3x FNGU 402.30 37.15 43.28-332.02 -88.5 ProShShtFinls SEF 15.00 11.25 12.98 1.33 11.4 SPDRRuss1000LowVol ONEV 114.67 91.00 102.96 -11.21 -9.8 TrueStructOutApr APRZ 28.59 23.37 24.98 -3.52 -12.4
iShMornValue ILCV 71.04 56.03 63.23 -6.37 -9.2 MicroSectFANG+2X FNGO 49.79 12.10 13.54 -34.06 -71.6 ProShShortHY SJB 20.21 17.41 19.00 1.58 9.1 SPDRRuss1000Mom ONEO 107.06 81.91 91.91 -14.40 -13.5 TrueStructOutAug AUGZ 33.79 28.50 29.98 -3.62 -10.8
iShMtgRealEst REM 35.63 19.77 22.69 -11.82 -34.3 MicroGold3XInvr GDXD 31.40 6.63 8.52 -9.44 -52.6 ProShShMSCI EAFE EFZ 24.46 17.48 20.00 2.22 12.5 SPDRRuss1000Yd ONEY 105.47 83.18 93.70 -6.67 -6.6 TrueStructOutDec DECZ 30.56 25.04 27.30 -3.12 -10.2
MUB 116.30 101.35 105.52 -10.76 -9.3 EUM 17.60 12.20 15.28 2.56 20.1 FEBZ 29.95 24.57 27.03 -3.23 -10.7

.
iShNatlMuniBd MicroGold3xLvgd GDXU 210.59 21.00 42.46 -71.74 -62.8 ProShShtMSCI EM SPDRMomentumTilt MMTM 204.97 152.10 167.16 -35.46 -17.5 TrueStructOutFeb
n iShNeurosci IBRN 27.31 22.98 26.00 ... ... MicroOil&Gas-3 OILD 261.10 20.70 25.48 -237.61 -90.3 ProShShtMC400 MYY 28.18 22.40 24.85 2.22 9.8 SPDRS&P1500ValTilt VLU 160.23 125.88 139.80 -15.88 -10.2 TrueStructOutJan JANZ 29.30 23.57 25.72 -3.38 -11.6
NYF 58.01 49.91 52.40 -5.56 PSQ 15.62 JULZ 35.34 30.14 31.85 -3.31

ly
iShNYMuniBd -9.6 MicroOil&Gas3x OILU 88.00 20.77 52.15 31.38 151.1 ProShShortQQQ 10.71 14.72 3.89 35.9 SPDR S&P500MidGr MDYG 82.32 58.97 65.34 -16.19 -19.9 TrueStructOutJul -9.4
iShNorthAmNatRscs IGE 45.70 31.51 40.66 9.18 29.2 n MicroTrav-3xILv FLYD 28.00 8.87 13.72 ... ... ProShShtRE REK 23.07 15.92 20.36 4.52 28.6 SPDR S&P400 MCV MDYV 73.01 57.63 64.72 -6.38 -9.0 TrueStructOutJun JUNZ 27.53 22.60 23.72 -3.69 -13.5
iSh1-5YIGCorpBd IGSB 53.86 48.62 49.82 -4.06 -7.5 n MicroTrav3xLv FLYU 43.70 18.09 20.15 ... ... ProShShRuss2000 RWM 27.14 20.45 24.60 3.73 17.9 SPDR S&P600SCpGr SLYG 94.37 67.07 72.24 -20.58 -22.2 TrueStructOutMar MARZ 28.71 23.19 24.77 -3.83 -13.4
iSh13YearIntlTBd ISHG 78.69 63.26 69.59 -8.56 -11.0 MicroUSBigBk3X BNKD 18.40 7.18 10.32 0.13 1.3 ProShShrtS&P500 SH 17.71 13.47 16.03 2.41 17.7 SPDR Aero & Dfns XAR 127.90 91.37 110.05 -6.42 -5.5 TrueStructOutMay MAYZ 27.12 21.76 23.09 -3.94 -14.6
n iShParisClimt PABU 49.05 38.38 41.13 ... ... MicroUSBigBk3X BNKU 74.41 17.87 25.49 -29.13 -53.3 ProShSh7-10YrTr TBX 29.70 24.35 28.65 4.33 17.8 SPDRS&PBank KBE 60.60 42.57 45.15 -9.41 -17.2 TrueStructOutNov NOVZ 33.48 27.38 30.07 -3.27 -9.8
iShPfd&Incm PFF 39.40 29.79 30.53 -8.90 -22.6 MicrUSBigOil3InLv NRGD3715.00 251.05 322.41-3382.59 -91.3 ProShShrtSC600 SBB 20.57 16.01 18.56 2.19 13.4 SPDRS&PCapitalMkts KCE 105.01 69.70 78.85 -24.85 -24.0 TrueStructOutOct OCTZ 32.84 27.44 29.16 -3.59 -11.0
iShResidentMultiRE
iShRobotics&AI
iShRussell1000Gwth
iShRussell1000Val
iShRussell2000Gwth
iShRussell2000
REZ 100.05 66.03 68.34 -29.89
IRBO 41.82 22.21 25.53 -15.85
IWF 308.38 202.05 214.24 -91.35
IWD 171.42 134.09 151.65 -16.28
IWO 298.16 192.88 214.52 -78.53
IWM 227.13 162.50 174.36 -48.09
-30.4
-38.3
-29.9
-9.7
-26.8
-21.6
MicrUSBigOil3Lev
MindfulConsrv
MohrGrowth
MonarchAmbIncm
MonarchBlueChip
MonarchProCap
on
NRGU 797.00
MFUL 24.56
MOHR 25.15
MAMB 25.00
MBCC 29.83
MPRO 27.90
162.91
20.49
19.15
20.50
21.09
23.47
491.49 329.11
21.50 -3.15
19.60 -5.45
21.66 -3.47
23.72 -6.04
24.63 -2.84
202.7
-12.8
-21.8
-13.8
-20.3
-10.3
ProShSh20+Tr
ProShShtVIXST
ProShSmMatls
n ProShSupChain
ProShUltBscMtls
ProShUltBlmCrude
TBF 24.81
SVXY 63.40
TINT 41.83
SUPL 41.25
UYM 31.06
UCO 55.69
16.16
45.06
25.42
30.43
15.72
21.40
22.68 6.69
58.68 -2.87
28.67 -12.81
34.30
21.29 -6.63
30.31 8.62
...
41.8
-4.7
-30.9

-23.8
...

39.7
SPDREmMktsDiv
SPDR S&P EM SC
SPDR S&P500 ESG
SPDRS&P500Fossil
SPDRS&PGlbDiv
SPDRS&PGlbInfr
EDIV 32.04
EWX 59.68
EFIV 45.83
SPYX 118.99
WDIV 69.20
GII 59.67
21.52
44.25
33.50
84.53
51.11
46.35
24.00
48.94
36.66
93.35
58.69
52.42
-5.73
-10.37
-8.63
-24.35
-7.58
-1.83
-19.3
-17.5
-19.1
-20.7
-11.4
-3.4
TrueStructOutSep
TrueTechAI
n 2xLongVIXFut
UBCAlgorithmicFd
UBS FIEnhGlbHY
UBS FIEnhLCGrw
SEPZ 32.44 27.50 29.34 -2.95
LRNZ 47.54 21.75 22.86 -24.25
UVIX 27.21 5.70 5.82
UBCB 25.41 16.99 17.20 -7.89
...

FIHD 256.50 146.69 211.33 -34.31

FBGX 878.39 356.00 378.24-489.45
-9.1
-51.5

-31.4
-14.0
-56.4
...

iShRussell2000Val IWN 170.49 128.24 138.67 -27.38 -16.5 CSH 26.13 22.06 25.52 ... ... ProshUltBlmNatGas BOIL 140.50 17.37 17.78 -8.31 -31.9 GNR 65.66 47.17 57.02 3.06 5.7 n UPARUltraRisk UPAR 20.18 11.73 13.32 ... ...
us ,

n MorganExosAct SPDRS&PGlbNatRes
iShRussell3000 IWV 280.44 201.82 220.68 -56.82 -20.5 n MotleyFoolCap100 TMFE 20.02 13.50 14.72 -5.21 -26.1 ProShUltCnsGds UGE 31.58 15.01 15.56 -13.86 -47.1 SPDRS&PHlthCareEqp XHE 119.81 78.53 89.89 -27.41 -23.4 UphldgsCompKings KNGS 27.39 15.10 16.72 -10.51 -38.6
iShMicro-CapETF IWC 143.60 100.75 107.83 -31.90 -22.8 TMFG 32.12 ProShUltCnsSvs UCC 53.09 21.59 22.22 -30.30 -57.7 XHS 106.83 n USCFDivIncmFd UDI 26.22 21.82 25.23 ... ...
l

MotleyFoolGlbOpp 21.07 22.89 -9.19 -28.6 SPDRS&PHlthCareSvs 77.44 84.79 -21.22 -20.0
iShRussellMid-Cap IWR 83.36 60.73 67.45 -15.56 -18.7 MotleyFoolMCGrw TMFM 29.33 19.98 21.33 -8.04 -27.4 ProShUltDow30 DDM 82.69 48.42 63.88 -16.12 -20.1 SPDRS&PInsurance KIE 42.86 35.38 40.95 0.58 1.4 USCFGoldStrat GLDX 28.98 21.56 25.37 0.04 0.2
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iShRussellMCValue IWS 124.28 94.32 105.34 -17.04 -13.9 ProShUlt Euro ULE 13.57 9.15 11.26 -2.07 -15.5 USCF Midstream UMI 37.55 28.91 33.48 4.56 15.7
al a

n MotleyFoolNext TMFX 20.00 13.00 14.30 -5.65 -28.3 SPDRS&PInternet XWEB 147.63 59.09 62.25 -83.57 -57.3
iShRussell1000 IWB 267.13 192.01 210.52 -53.91 -20.4 MotleyFool100 TMFC 44.63 29.30 30.45 -13.70 -31.0 ProShUltFTSEEurope UPV 72.41 31.00 45.05 -25.98 -36.6 SPDRS&PKenCleanPwr CNRG 104.31 68.74 82.01 -8.17 -9.1 USCF SummerDynCom SDCI 27.27 17.37 18.21 -0.30 -1.6
iShRussellTop200Gr IWY 175.48 114.66 120.53 -52.82 -30.5 MotleyFoolSCGrw TMFS 36.82 22.06 24.45 -12.24 -33.4 ProShXinhuaChina25 XPP 50.50 11.82 21.58 -21.63 -50.1 SPDRS&PKenFinalFr ROKT 41.90 33.13 39.34 -0.55 -1.4 USDivrsRealEst PPTY 39.89 26.20 28.04 -11.43 -29.0
iShRussellTop200 IWL 115.34 82.54 89.97 -23.99 -21.1 n NeosEnhInAggBd BNDI 49.99 46.26 47.74 ... ... ProShUltFinls UYG 72.54 35.38 45.61 -22.08 -32.6 SPDRS&PKenFut FITE 53.51 40.24 42.98 -9.48 -18.1 USGlbGOGold GOAU 22.41 11.30 15.51 -2.32 -13.0
IWX 71.88 57.03 64.97 -5.10 UGL 76.19 JETS 23.71 14.77 17.08 -4.01
ci on

iShRussellTop200Vl -7.3 n NeosEnhInCash CSHI 50.54 49.85 49.98 ... ... ProShUltraGold 44.09 55.27 -4.54 -7.6 SPDRS&PKenInt SIMS 46.08 30.37 32.67 -12.79 -28.1 USGlobalJets -19.0
iShRussell2500 SMMD 67.30 49.00 53.14 -13.24 -19.9 n NeosS&P500Hi SPYI 50.18 44.61 46.04 ... ... ProShUltHlthCr RXL 111.54 74.26 94.55 -17.38 -15.5 SPDRS&PKenNewEc KOMP 59.93 36.94 39.42 -19.53 -33.1 n USGlbSeatoSky SEA 22.90 13.67 13.85 ... ...
iShS&PMC400Growth IJK 85.82 61.44 68.30 -16.96 -19.9 Nasdaq7HANDL HNDL 26.07 18.26 19.58 -6.40 -24.6 ProShUltraHY UJB 80.18 55.34 60.41 -18.36 -23.3 SPDRS&PKenSmart HAIL 57.09 28.22 29.46 -25.76 -46.6 n USTrea10YN UTEN 50.14 43.91 45.31 ... ...
iShS&P500Growth IVW 84.57 55.30 58.50 -25.17 -30.1 NationDJRiskMgd NDJI 25.82 18.91 20.09 -5.12 -20.3 ProShUltIndls UXI 34.53 18.04 22.66 -11.19 -33.1 SPDRS&PNAmNatRscs NANR 61.96 44.03 54.22 10.21 23.2 n USTrea3mBill TBIL 50.00 49.77 49.86 ... ...
iShS&P500Value IVE 160.38 127.33 145.07 -11.56 -7.4 NationwideN100Risk NUSI 28.05 18.30 18.50 -9.42 -33.7 ProShUltBrazil UBR 42.17 18.06 22.89 1.21 5.6 SPDRS&POil&GasEq XES 84.08 49.82 79.75 30.32 61.3 n USTrea12mBill OBIL 50.25 50.00 50.10 ... ...
iShS&PGSCIComm GSG 26.49 17.00 21.23 4.12 24.1 NationwideRuss2000 NTKI 26.00 19.46 19.60 -5.69 -22.5 ProShUltMSCIEAFE EFO 54.52 25.39 34.71 -17.58 -33.6 SPDRS&PRegionalBkg KRE 78.81 56.09 58.74 -12.11 -17.1 n USTrea2YN UTWO 49.99 48.63 48.83 ... ...
iShGlbUtilities JXI 67.69 51.01 60.17 -4.53 -7.0 NationSP500RiskMgd NSPI 25.50 19.10 19.42 -5.86 -23.2 ProShUltMSCIEM EET 92.38 38.50 48.57 -36.74 -43.1 SPDRS&P600SC SLY 101.67 75.12 82.21 -17.20 -17.3 USValueETF USVT 28.66 22.72 25.81 -0.65 -2.4
iShS&PMC400Value IJJ 113.73 89.62 100.80 -9.88 -8.9 NatixisShrtDur LSST 24.90 23.15 23.59 -1.29 -5.2 ProShUltraJapan EZJ 47.52 22.88 28.10 -17.64 -38.6 SPDRS&P600SCV SLYV 87.78 66.84 74.22 -10.50 -12.4 USVeganClimate VEGN 43.86 28.74 31.44 -11.88 -27.4
iShS&P100 OEF 222.35 157.57 170.57 -48.56 -22.2 ProShUltMC400 MVV 72.37 39.73 47.66 -23.04 -32.6 UVADivValue UVDV 10.50 8.85 9.35 -0.85 -8.4
er s

NatixisUSEqOpps EQOP 34.68 24.09 25.12 -9.00 -26.4 n SPDRS&PSC600ESG ESIX 30.05 23.29 25.26 ... ...
iShS&PSC600Growth IJT 141.06 100.13 108.07 -30.73 -22.1
NatixisVaughanMC VNMC 33.03 25.78 28.27 -4.69 -14.2
ProShUltNdBio BIB 82.64 38.42 57.70 -23.42 -28.9
SPDRS&PSft&Svs XSW 166.60 100.83 108.72 -56.69 -34.3
n UnlimitedHFND HFND 20.95 19.81 20.38 ... ...
iShS&PSC600Value IJS 108.15 82.09 91.31 -13.18 -12.6
NatixisVaughanNel VNSE 32.15 23.58 25.14 -6.89 -21.5
ProShUltNasdCloud SKYU 43.93 9.80 10.57 -33.36 -75.9
SPDRS&PTelecom XTL 102.47 74.18 81.61 -20.10 -19.8
UtilitiesSelSector XLU 78.22 60.35 70.50 -1.08 -1.5
iShS&P EM Infra EMIF 25.20 18.79 20.79 -3.70 -15.1
NETLeaseCpRlEst NETL 32.06 22.68 25.51 -6.25 -19.7
ProShUltNasdCyber UCYB 53.32 21.47 23.18 -28.50 -55.1
SPDRS&PTransport XTN 96.13 63.47 67.21 -27.15 -28.8
n V-ShrMSCIWldESG VMAT 25.19 20.11 22.99 ... ...
KXI 65.43 52.79 59.64 -5.09 -7.9 DIG 50.45 19.30 42.50 23.35 122.0 VDNI 25.90 19.18 20.59 -5.18 -20.1
m er

iShGlblConStaples n NeubergerCarbon NBCT 25.78 21.22 23.52 ... ...

ProShUltOilGas SPDRSSGAFxScRt FISR 30.90 24.74 25.60 -5.41 -17.4
VSharesUSDiversity
iShGlobalInfra IGF 52.15 39.95 45.84 -1.75 -3.7 ProShUltraQQQ QLD 91.10 32.98 35.04 -53.98 -60.6 n ValkyrieBitcoin WGMI 30.51 4.07 4.47 ... ...
n NeubergerCmdStr NBCM 23.71 21.97 23.05 ... ... SPDR US LC Low Vol LGLV 150.45 121.28 135.63 -15.03 -10.0
iShNATech-Mult IGN 84.68 56.53 69.13 -15.34 -18.2 ProShUltraRE URE 117.16 47.66 57.84 -58.39 -50.2 ValkyrieBitcoin BTF 18.78 5.97 6.61 -11.28 -63.1
n NeubergerDisr NBDS 24.21 16.78 18.21 ... ... SPDR SSGA US XLSR 47.61 35.10 38.91 -8.07 -17.2
iShSelfDrvngEV IDRV 56.29 31.86 33.83 -20.40 -37.6 ProShUltRus2000 UWM 57.82 27.77 31.14 -24.38 -43.9 VanEckAfrica AFK 21.89 14.76 16.06 -4.06 -20.2
n NeubergerNxtGen NBCC 24.29 17.67 19.08 ... ... SPDR US SC LowVol SMLV 121.43 98.74 107.65 -11.84 -9.9
iShSemiconductor SOXX 559.02 287.82 347.98-194.34 -35.8 ProShUltraS&P SSO 74.76 37.53 44.45 -28.73 -39.3 VanEckAgribus MOO 109.19 80.50 85.84 -9.58 -10.0
n NewdayOceanHlthETF AHOY 22.04 17.68 18.67 ... ... SPDRSSgAGlbAll GAL 46.28 35.50 37.56 -8.52 -18.5
iShShtNatlMuniBd SUB 107.35 102.45 104.27 -3.10 -2.9 ProShUltSemi USD 55.65 11.65 16.56 -36.26 -68.6 VanEckAMTFrIntMuni ITM 51.26 43.38 45.61 -5.66 -11.0
n NewdaySustDev SDGS 19.64 17.88 19.05 ... ... SPDRSSgAIncmAllctn INKM 35.54 27.85 29.49 -5.92 -16.7
iShShortTreaBd SHV 110.42 109.73 109.92 -0.50 -0.5 ProShUlt7-10Trs UST 67.45 44.47 47.07 -20.66 -30.5 VanEckAMTFrLgMun MLN 21.65 16.13 17.46 -4.18 -19.3
m rp

n NicholasFixIncmAlt FIAX 20.04 19.71 19.95 ... ... SPDRSSgAMultiAsset RLY 32.34 25.60 27.54 0.54 2.0
iShSilver SLV 24.90 16.19 22.02 0.51 2.4 ProShUltSilver AGQ 47.05 17.56 32.00 -2.74 -7.9 VanEckAMTFrShMun SMB 17.90 16.49 16.88 -1.03 -5.7
NiftyIndiaFinls INDF 37.40 28.62 31.78 -2.84 -8.2 SPDRSSgAUltraShrt ULST 40.33 39.59 39.98 -0.34 -0.8
iShTIPSBondETF TIP 129.48 104.63 106.44 -22.76 -17.6 ProShUltSC600 SAA 34.28 17.79 20.77 -11.91 -36.5 VanEckBDCIncm BIZD 18.11 12.93 14.15 -3.06 -17.8
n NightSh500 NSPY 34.97 27.22 29.68 ... ... SPFdsDJGlbSukuk SPSK 19.68 16.73 17.78 -1.92 -9.7
iSh10+YIGCpBd IGLB 69.03 45.11 49.79 -19.76 -28.4 ProShUltTech ROM 64.82 21.16 23.01 -40.66 -63.9 VanEckBiotech BBH 188.95 131.12 159.74 -29.60 -15.6
n NightSh5001x/1.5x NSPL 33.72 26.45 30.61 ... ... SPFdsS&P500Sharia SPUS 33.93 23.68 25.73 -7.96 -23.6
iShTreaFRBd TFLO 50.54 50.26 50.41 0.14 0.3 ProShUltTelecom LTL 55.58 25.47 31.75 -23.21 -42.2 VanEckBitcoin XBTF 47.36 15.25 16.83 -30.85 -64.7
n NightSh2000 NIWM 34.52 25.80 28.51 ... ... SPFdsS&PGlShar SPRE 28.36 17.60 19.28 -9.08 -32.0
iSh1-3YTreasuryBd SHY 85.49 80.56 81.17 -4.37 -5.1 ProShUlt20YrTr UBT 54.02 20.71 24.14 -30.30 -55.7 VanEckBrazilSC BRF 21.16 12.59 13.49 -2.96 -18.0
iSh7-10YTreaBd IEF 114.41 92.48 95.78 -19.22 -16.7
n NobleAbsRet NOPE 28.00 14.71 26.16 ... ...
ProShUltraUtil UPW 86.61 51.76 69.80 -4.53 -6.1
n SRH US Quality SRHQ 28.06 24.36 26.66 ... ...
n VanEckCLO CLOI 51.36 49.58 50.63 ... ...
iSh20+YTreaBd TLT 146.94 91.85 99.56 -48.63 -32.8
NuvDivGrowth NDVG 27.73 21.76 24.69 -2.98 -10.8
ProShUltVIXST UVXY 23.47 6.74 6.86 -5.57 -44.8
n STF TactGrwIncm TUGN 26.23 18.72 19.00 ... ...
VanEckCEFMuni XMPT 29.65 19.69 21.48 -8.15 -27.5
iShCohen&StrsREIT ICF 76.23 49.24 54.84 -21.24 -27.9
NuvESGDiv NUDV 27.18 21.22 23.96 -2.81 -10.5
ProShUltraYen YCL 48.45 26.40 34.56 -12.73 -26.9
n STF TactGrw TUG 25.64 21.33 21.62 ... ...
VanEckChinaBd CBON 25.09 21.08 22.14 -2.54 -10.3
IYY 118.98 85.43 93.45 -24.40 -20.7
NuvESGEMEquity NUEM 34.37 22.24 25.44 -6.85 -21.2
UDOW 88.98 37.98 56.70 -27.91 -33.0
SabaClosedEndFds CEFS 21.21 16.30 17.26 -3.42 -16.6
GLCN 37.70 22.09 25.31 -12.40 -32.9
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iShDowJonesUS ProShUltDow30 VanEckChinaGrwth

iShRussellMCGrowth IWP 115.67 74.75 83.60 -31.62 -27.4
NuvESGHYCorpBd NUHY 24.41 19.50 20.26 -4.14 -17.0
ProShUltMC400 UMDD 36.45 13.60 17.58 -17.47 -49.8
SchwabArielESGETF SAEF 24.95 17.92 19.90 -4.60 -18.8
VanEckChiNext CNXT 48.48 28.43 31.22 -17.24 -35.6
iSh25+YTrStrip GOVZ 21.82 11.28 12.67 -9.47 -42.8 NuvESGIntlDev NUDM 31.53 21.82 25.80 -5.19 -16.7 ProShUltPrQQQ TQQQ 85.94 16.10 17.30 -65.86 -79.2 n SchwabCryptoThem STCE 28.73 14.73 15.28 ... ... n VanEckCmdStrat PIT 51.21 49.84 51.21 ... ...
n iSh20+YTrBdBuy TLTW 39.94 32.32 32.43 ... ... NuvESG LC NULC 41.51 30.04 32.22 -9.06 -21.9 ProShUltRus2000 URTY 107.45 32.22 37.50 -63.62 -62.9 SchwabEM Equity SCHE 30.82 21.36 23.67 -5.95 -20.1 n VanEckDigMin DAM 46.05 5.46 5.96 ... ...
iShUSBasicMatls IYM 154.87 106.29 124.77 -15.44 -11.0 NuvESGLCGrowth NULG 69.02 44.11 48.89 -19.68 -28.7 ProShUltS&P500 UPRO 78.72 25.94 32.77 -43.51 -57.0 Schwab5-10YCpBd SCHI 51.45 40.84 43.10 -8.56 -16.6 n VanEckDigIndia DGIN 38.04 27.23 27.85 ... ...
iShUSBrokerDealers IAI 114.74 80.63 96.13 -14.07 -12.8 NuvESGLCValue NULV 39.60 30.45 34.24 -4.63 -11.9 ProShUltShDow30 SDOW 44.05 23.33 26.95 0.94 3.6 SchwabFundEmgLrg FNDE 33.32 22.97 24.78 -6.21 -20.0 VanEckDigTrans DAPP 18.96 2.52 2.67 -15.87 -85.6
iShUSCnsmrDisc IYC 85.79 55.09 56.96 -27.04 -32.2 NuvESGMCGrowth NUMG 49.45 31.58 35.20 -13.99 -28.4 ProShShtMC400 SMDD 36.48 18.86 22.54 1.58 7.5 SchwabFundIntLrgCo FNDF 34.29 24.81 29.07 -3.44 -10.6 VanEckDurHiDiv DURA 33.45 27.39 31.88 -0.25 -0.8
iShUSCnsmrFoc IEDI 48.50 33.93 35.97 -12.37 -25.6 NuvESGMCValue NUMV 37.66 27.77 29.75 -7.20 -19.5 ProShUltShQQQ SQQQ 69.55 28.60 54.01 24.31 81.9 SchwabFundIntlSmCo FNDC 38.12 26.32 31.26 -6.13 -16.4 n VanEckDynHi INC 26.63 24.72 25.69 ... ...
iShUSCnsmrStaples IYK 215.41 178.51 202.78 2.60 1.3 NuvESGSC NUSC 42.86 31.30 34.18 -7.83 -18.6 ProShShtRus2000 SRTY 82.42 39.55 54.15 12.10 28.8 SchwabFundUSBrd FNDB 59.64 46.86 52.62 -5.42 -9.3 VanEckEgypt EGPT 27.78 16.16 20.19 -6.95 -25.6
iShUSDBdFactor USBF 98.08 80.28 83.33 -16.47 -16.5 NuvESGUSAggBd NUBD 25.58 20.99 21.77 -3.91 -15.2 ProShUltS&P500 SPXU 23.86 12.03 16.87 4.42 35.5 SchwabFundUSLrgCo FNDX 60.29 47.50 53.44 -5.17 -8.8 VanEckEMHYBd HYEM 22.40 16.17 18.21 -4.20 -18.7
iShUSDGreenBd BGRN 54.12 44.36 45.97 -8.29 -15.3 NuvEnhYd1-5Y NUSA 24.69 22.32 22.71 -2.01 -8.1 ProShUltSh20YTr TTT 104.20 31.53 77.03 46.12 149.2 SchwabFundUSSmCo FNDA 56.79 42.35 46.72 -8.89 -16.0 VanEckEnerIncm EINC 69.56 53.82 61.77 8.43 15.8
iShUS Div&Buyback DIVB 43.64 33.34 37.51 -5.25 -12.3 NuvEnhYdUSAgg NUAG 24.48 19.68 20.46 -4.16 -16.9 ProShUSBscMtls SMN 15.91 9.23 10.69 -0.38 -3.5 SchwabIntmUSTrsr SCHR 55.95 48.09 49.23 -6.91 -12.3 VanEckEnvlSvs EVX 154.59 125.00 136.20 -16.73 -10.9
iShUSEquity LRGF 47.00 35.46 39.01 -7.55 -16.2 n NuvGlbNetZero NTZG 27.63 23.55 25.74 ... ... ProShUltBloomCrd SCO 64.65 17.89 23.85 -39.90 -62.6 SchwabIntlDiv SCHY 26.46 19.53 22.42 -3.24 -12.6 VanEckFutureofFood YUMY 25.07 16.70 18.02 -6.74 -27.2
iShUSIndls IYJ 114.87 82.74 96.46 -16.28 -14.4 NuvGrowthOpps NUGO 26.53 16.35 17.54 -8.60 -32.9 ProShUltShBlmGas KOLD 255.40 9.06 27.56-214.64 -88.6 SchwabIntEquity SCHF 39.60 27.40 32.21 -6.66 -17.1 VanEckGaming BJK 45.50 31.47 38.58 -5.87 -13.2
iShUSInfr IFRA 40.25 31.72 36.26 -1.99 -5.2 NuvShTermREIT NURE 41.45 27.70 28.42 -12.32 -30.2 ProShUSCnsmrGd SZK 18.13 10.41 16.42 5.20 46.4 SchwabIntlSC SCHC 41.33 26.67 31.47 -9.46 -23.1 VanEckGlFallAnglHY ANGL 32.94 25.75 27.02 -5.95 -18.0
iShUSSCValue SVAL 33.13 25.65 28.14 -3.84 -12.0 NuvSCSelect NSCS 26.47 19.22 20.94 -5.15 -19.8 ProShUSCnsmrSvc SCC 34.31 17.37 28.65 11.09 63.2 SchwabLTUSTrea SCHQ 50.76 32.65 35.24 -15.98 -31.2 VanEckGoldMin GDX 41.60 21.52 28.66 -3.37 -10.5
iShUSTechBreak TECB 41.99 25.03 27.32 -14.55 -34.8 NuvWinLCGrw NWLG 26.42 16.25 18.12 -8.34 -31.5 ProShUltDow30 DXD 58.79 39.10 43.21 2.76 6.8 n SchwabMuniBd SCMB 52.12 48.96 51.30 ... ... VanEckGreenBd GRNB 26.77 21.54 22.99 -3.78 -14.1
iShUSTechInd IETC 61.61 37.80 40.79 -20.40 -33.3 n -1xShVIXFutures SVIX 15.33 9.14 14.66 ... ... ProShUltShEuro EUO 36.53 25.34 29.45 3.59 13.9 Schwab1-5YCpBd SCHJ 50.50 45.70 46.89 -3.66 -7.2 n VanEckGreenInfr RNEW 28.27 23.85 24.36 ... ...
iShUSTech IYW 115.80 69.49 74.49 -40.33 -35.1 n OneAscentCore OACP 25.11 21.83 22.53 ... ... ProShUltChina50 FXP 75.00 29.99 35.58 -4.75 -11.8 Schwab1000Index SCHK 47.02 33.74 36.93 -9.65 -20.7 VanEckGreenMtls GMET 38.55 25.71 28.32 -6.73 -19.2
iShUSTreasuryBd GOVT 26.34 22.13 22.72 -3.96 -14.8 n OneAscentEM OAEM 26.33 22.24 25.23 ... ... ProShUltShEur EPV 20.65 10.69 12.77 1.68 15.1 SchwabSrtTRmUSTrsr SCHO 50.82 47.87 48.24 -2.61 -5.1 VanEckHIPSustMun SMI 49.99 43.33 45.20 -4.83 -9.6
n OneAscentIntl OAIM 27.70 22.53 26.50 ... ... SchwabUS AggrBd SCHZ 53.68 43.86 45.65 -8.25 -15.3
n-

iShVirtualWork IWFH 22.36 11.52 13.47 -8.79 -39.5 ProShUltShFin SKF 26.32 15.39 19.45 2.91 17.6 VanEckHYMuni HYD 62.45 48.42 50.55 -11.88 -19.0
iShYdOptimizedBd BYLD 24.95 21.02 21.68 -3.30 -13.2 OneAscentLCCore OALC 26.26 18.05 20.52 -4.63 -18.4 ProShUltShGold GLL 39.37 24.14 30.99 -0.67 -2.1 SchwabUS BrdMkt SCHB 57.09 40.92 44.81 -11.70 -20.7 VanEck IG FR FLTR 26.20 24.44 24.88 -0.39 -1.5
iSh0-5YHYCorpBd SHYG 45.31 39.49 40.89 -4.41 -9.7 n OpticaRareEarth CRIT 26.04 17.23 19.86 ... ... ProShUSHlthCr RXD 16.27 11.15 11.90 0.06 0.5 SchwabUS Div SCHD 82.47 65.96 75.54 -5.29 -6.5 VanEckIndiaGrw GLIN 43.31 30.06 32.66 -9.62 -22.8
iSh0-5YInvGrdCpBd SLQD 51.03 46.91 47.86 -3.19 -6.2 n OptimizeAISmart OAIE 26.87 22.55 25.70 ... ... ProShUltShIndls SIJ 21.89 12.94 15.61 2.40 18.1 SchwabUS LC SCHX 57.49 41.20 45.15 -11.76 -20.7 VanEckIndonesia IDX 22.38 17.01 17.36 -2.49 -12.5
iSh0-3MTreaBd SGOV 100.39 99.96 100.14 0.12 0.1 OpusSCValue OSCV 36.05 28.00 30.98 -4.38 -12.4 ProShUltra7-10 PST 23.91 16.28 22.27 6.20 38.5 SchwabUS LC Grw SCHG 82.69 53.18 55.56 -26.32 -32.1 VanEckInfltn RAAX 29.93 22.25 24.80 ... ...
JPM AlerianMLP AMJ 23.31 17.73 21.75 3.94 22.1 OverlayCoreBd OVB 25.43 18.96 20.28 -5.24 -20.5 ProShUltBrazil BZQ 41.06 16.13 20.39 -16.23 -44.3 SchwabUS LC Val SCHV 74.73 58.00 66.02 -7.20 -9.8 VanEckIntlHYBd IHY 24.10 17.60 19.70 -4.44 -18.4
n JPMNasdEqPrem JEPQ 51.18 39.61 40.80 ... ... OverlayFgnEqu OVF 26.85 18.69 21.17 -5.69 -21.2 ProShUltMSCIEAFE EFU 17.80 9.45 11.99 2.23 22.8 SchwabUS MC SCHM 81.22 59.74 65.61 -14.82 -18.4 VanEckIsrael ISRA 49.56 34.79 35.69 -13.02 -26.7
no

JacobForward JFWD 17.93 7.31 7.74 -10.07 -56.5 OverlayHdgLC OVLH 30.20 23.76 24.92 -5.04 -16.8 ProShUltMSCIEM EEV 31.50 15.75 23.43 6.29 36.7 SchwabUS REIT SCHH 26.45 17.34 19.29 -7.05 -26.8 VanEckJPMEMLCBd EMLC 29.20 22.38 24.23 -4.37 -15.3
JanusHendersonAAA JAAA 51.40 48.51 49.26 -1.12 -2.2 OverlayLCEq OVL 41.74 28.14 30.49 -10.14 -25.0 ProShUltMSCIJpn EWV 23.33 12.58 17.57 4.41 33.5 SchwabUS SC SCHA 52.11 37.25 40.51 -10.69 -20.9 VanEckJrGoldMin GDXJ 51.92 25.80 35.65 -6.28 -15.0
n JanusB-BBBCLO JBBB 50.45 43.33 44.59 ... ... OverlayMuniBd OVM 25.35 19.76 21.58 -3.75 -14.8 ProShUltMC400 MZZ 22.73 14.89 17.13 1.94 12.7 Schwab US TIPs SCHP 63.15 51.47 51.79 -11.10 -17.6 VanEckLong/Flat LFEQ 44.43 32.61 34.02 -10.14 -23.0
JanusIntlSust SXUS 22.62 13.81 16.33 -6.04 -27.0 OverlayShTermBd OVT 26.58 20.67 21.22 -3.23 -13.2 ProShUltShNdBtech BIS 35.64 17.88 19.64 -0.43 -2.1 2ndVoteLifeNeutral LYFE 33.96 26.77 29.00 -4.74 -14.0 VanEckLowCarbon SMOG 163.26 102.73 110.86 -49.32 -30.8
JanusHendMtg JMBS 52.67 43.31 45.46 -7.22 -13.7 OverlaySCEq OVS 38.12 26.73 28.91 -8.45 -22.6 ProShUltOil&Gas DUG 45.75 10.87 12.38 -33.57 -73.1 2ndVoteSocDef EGIS 35.39 28.84 32.71 -2.12 -6.1 VanEckMerkGoldTr OUNZ 20.11 15.69 17.69 -0.09 -0.5
JanusNetZero JZRO 29.91 19.86 23.32 -2.61 -10.1 PgimActAggBd PAB 49.24 39.91 41.47 -8.01 -16.2 ProShUltShQQQ QID 29.98 15.28 25.97 10.33 66.0 n SrSecuredCredit SECD 20.12 19.88 19.91 ... ... VanEckMdyBBBCpBd MBBB 24.69 19.34 20.47 -4.38 -17.6
JanusHenShrtDur VNLA 49.57 47.37 47.40 -2.15 -4.3 PGIMActHYBd PHYL 40.71 32.51 33.61 -6.95 -17.1 ProShUltRlEst SRS 23.88 11.75 18.26 6.42 54.2 n SimplifyAggBdPlus AGGH 26.35 21.75 22.38 ... ... VanEckMdyIGCpBd MIG 24.57 19.49 20.54 -4.21 -17.0
JanusSCGrwAlpha JSML 65.52 43.07 45.59 -19.41 -29.9 n PGIM FR Incm PFRL 50.64 48.53 48.77 ... ... ProShUltShRus2000 TWM 21.11 12.43 16.59 3.65 28.2 n SimplifyBitcoin MAXI 13.39 9.91 10.39 ... ... VanEckMstarESGMoat MOTE 27.08 19.64 21.84 -5.27 -19.5
JanusS/MC GrwAlph JSMD 68.21 47.84 52.09 -15.69 -23.2 n PGIMJennisFocGwth PJFG 50.70 46.42 46.86 ... ... ProShUltShS&P500 SDS 57.07 34.55 45.97 10.67 30.2 n SimplifyDevXUS EAFD 27.39 14.59 18.45 ... ... VanEckMornGlb MOTG 38.33 29.00 32.13 -5.43 -14.5
JanusSust&Impact JIB 49.26 40.32 41.53 -7.79 -15.8 n PGIMJennisonFocVal PJFV 50.63 48.28 48.92 ... ... ProShUSSemi SSG 41.65 17.11 24.82 6.69 36.9 n SimplifyEMEqPlus EMGD 25.95 16.38 17.45 ... ... VanEckMornIntl MOTI 34.65 24.73 28.94 -3.17 -9.9
JanusSustCpBd SCRD 48.48 38.63 40.22 -8.93 -18.2 n PGIMPtfBallast PBL 25.33 23.51 24.27 ... ... ProShUltShSilver ZSL 41.76 18.22 19.30 -7.54 -28.1 n SimplifyEnhIncm HIGH 27.17 24.50 25.01 ... ... n VanEckMstarSMID SMOT 28.78 24.28 27.03 ... ...
JanusHenUSRealEst JRE 28.94 19.38 21.48 -7.41 -25.6 PGIMQuantStrat PQIN 58.00 41.48 47.54 -9.39 -16.5 ProShUltShSC600 SDD 32.30 20.60 25.72 4.30 20.1 SimplifyHlthCare PINK 28.46 22.79 26.60 -1.35 -4.8 VanEckMstrWdMoat MOAT 77.29 57.27 64.91 -11.20 -14.7
JanusUSSust SSPX 25.86 17.00 19.02 -7.02 -26.9 PGIMTRBd PTRB 49.24 39.55 40.83 -9.01 -18.1 ProShUltShTech REW 26.71 13.06 21.96 8.62 64.6 SimplifyHdgEq HEQT 27.25 20.76 22.57 -3.00 -11.7 VanEckMtgREIT MORT 18.55 10.07 11.67 -6.29 -35.0
HancockCorpBd JHCB 25.26 19.48 20.55 -4.82 -19.0 PGIMUltraShBd PULS 49.50 48.88 49.10 -0.39 -0.8 ProShUltraSh20+ TBT 39.32 17.17 32.50 15.61 92.4 n SimplifyHYPlus CDX 25.69 20.51 21.38 ... ... VanEckMuni MAAX 24.77 19.87 20.73 -4.08 -16.4
n HancockIntlHiDiv JHID 25.24 24.85 24.97 ... ... Pimco25+YrZC ZROZ 150.85 77.51 87.32 -64.96 -42.7 ProShUltShUtil SDP 15.40 9.57 10.83 -1.62 -13.0 SimpfyIntRtHdg PFIX 88.51 37.91 71.61 34.07 90.8 VanEckNatRscs HAP 57.16 41.94 49.24 2.06 4.4
HancockMtgBkd JHMB 24.54 20.61 21.18 -3.38 -13.8 PimcoActiveBd BOND 109.20 86.61 90.48 -18.93 -17.3 ProShUltShYen YCS 71.58 40.41 53.57 12.07 29.1 SimplifyItTrea TYA 24.43 14.07 15.16 -9.65 -38.9 VanEckOilRefin CRAK 36.01 26.00 31.20 4.17 15.4
HancockDevIntl JHMD 34.59 23.57 28.17 -5.52 -16.4 PimcoBrdUSTips TIPZ 66.08 53.06 54.05 -12.00 -18.2 ProShVIXMTFut VIXM 37.70 29.26 30.36 -0.21 -0.7 n SimplifyMacro FIG 27.76 22.95 23.32 ... ... VanEckOilSvcs OIH 322.79 185.84 304.05 119.21 64.5
HancockMultEM JHEM 30.08 20.97 23.19 -5.85 -20.1 PimcoEnhLowDur LDUR 100.80 93.13 94.26 -6.33 -6.3 ProShVIXSTFut VIXY 23.97 11.24 11.38 -3.79 -25.0 n SimplifyMgdFut CTA 31.44 23.94 26.01 ... ... VanEckPharm PPH 84.27 66.59 77.74 0.78 1.0
HancockLC JHML 59.93 44.55 49.25 -10.20 -17.2 PimcoEnhShMatESG EMNT 100.22 96.89 96.90 -3.28 -3.3 n PutnamBDC PBDC 29.23 24.77 26.94 ... ... SimplifyNasd100Pl QQC 34.16 19.76 20.18 -13.33 -39.8 VanEckPfdxFin PFXF 21.95 16.23 16.71 -5.17 -23.6
HancockMC JHMM 55.89 41.96 46.54 -9.05 -16.3 PimcoEnhShMat MINT 101.56 98.14 98.65 -2.91 -2.9 n PutnamBioRev SYNB 27.52 24.45 25.97 ... ... SimplifyNasd100Dw QQD 32.69 17.49 19.21 -13.02 -40.4 VanEckRareEarth REMX 127.50 74.65 76.16 -36.03 -32.1
HancockMultiSC JHSC 36.82 27.83 30.59 -5.66 -15.6 Pimco15+USTips LTPZ 90.52 54.98 58.24 -33.11 -36.2 PutnamFocLCGrw PGRO 29.41 19.58 19.99 -9.24 -31.6 n SimplifySTTrea TUA 25.61 24.55 24.79 ... ... VanEckRetail RTH 194.91 144.85 158.47 -36.23 -18.6
HancockPfdIncm JHPI 25.40 21.46 21.61 -3.75 -14.8 PimcoIntrmMuniBd MUNI 56.25 49.57 51.38 -4.82 -8.6 PutnamFocLCVal PVAL 30.25 23.56 27.02 -0.89 -3.2 n SimplifyStbIncm BUCK 25.39 24.55 25.05 ... ... VanEckRussia RSX 27.01 5.00 5.65 -21.01 -78.8
n HancockUSHiDiv JHDV 28.57 24.26 26.94 ... ... PimcoInvGrdCpBd CORP 112.34 87.99 93.00 -19.84 -17.6 PutnamSustFut PFUT 25.40 15.77 16.77 -8.49 -33.6 SimplifyTailRisk CYA 25.79 11.61 11.69 -12.19 -51.0 VanEckRussiaSC RSXJ 33.99 9.82 11.24 -22.09 -66.3
n JPMActiveGrw JGRO 52.07 41.99 44.43 ... ... PimcoMuniIncm MINO 50.04 41.58 43.53 -6.46 -12.9 PutnamSustLdrs PLDR 27.73 19.94 21.38 -6.38 -23.0 SimplUSConvex SPYC 35.09 24.20 25.37 -9.15 -26.5 VanEckSemicon SMH 318.69 166.97 202.94-105.85 -34.3
JPMActiveValue JAVA 54.99 45.73 51.23 -1.12 -2.1 Pimco1-5USTips STPZ 55.59 49.34 49.87 -5.31 -9.6 Qraft AI US Hi Div HDIV 33.01 27.51 30.41 -1.86 -5.8 SimplUSPlusDown SPD 33.46 23.73 24.25 -9.01 -27.1 VanEckShHYMuni SHYD 25.23 21.39 22.27 -2.88 -11.5
JPMActiveEM JEMA 47.62 30.44 34.01 -12.54 -26.9 PimcoDynMultEM MFEM 23.90 16.03 17.37 -5.75 -24.9 QRAFT AI US LC QRFT 46.98 33.56 35.71 -10.87 -23.3 SimplifyUSEqu SPBC 28.48 19.11 20.14 -7.99 -28.4 VanEckSocSent BUZZ 23.74 11.70 12.15 -11.16 -47.9
JPMActiveIntl JIDA 49.53 34.80 40.55 -8.26 -16.9 PimcoDynMultIn MFDX 30.35 22.02 25.64 -3.78 -12.8 QRAFTAIUSLCMom AMOM 36.41 23.33 26.32 -9.66 -26.9 SimplUSPlusUp SPUC 36.00 24.86 26.23 -9.14 -25.8 VanEckSteel SLX 70.43 46.17 57.84 4.65 8.7
JPMActiveUSLC JUSA 53.89 41.52 43.75 -9.88 -18.4 PimcoDynMultUS MFUS 42.27 34.23 38.12 -3.23 -7.8 QraftAINxtValue NVQ 34.01 28.49 31.48 -0.84 -2.6 n SimplifyUSSCPlus RTYD 25.34 18.17 18.87 ... ... VanEckUranium NLR 59.97 48.23 54.89 0.11 0.2
JPMBetaCanada BBCA 71.60 51.35 57.29 -9.91 -14.7 PimcoRafiESG RAFE 34.16 25.21 27.92 -5.18 -15.7 QuadraticDeflation BNDD 26.25 14.91 15.05 -11.04 -42.3 SimplifyVolPrem SVOL 27.79 20.55 21.90 -5.08 -18.8 VanEckVideoGam ESPO 66.66 37.93 42.86 -23.38 -35.3
JPMBetaDevAPxJP BBAX 56.90 41.33 48.94 -5.17 -9.6 n PimcoSrLoanActive LONZ 50.83 48.00 48.78 ... ... QuadIntRtVol IVOL 27.27 21.85 22.61 -4.24 -15.8 SimplifyVoltCloud VCLO 15.47 4.51 4.60 -10.68 -69.9 VanEckVietnam VNM 21.66 10.73 11.84 -9.40 -44.3
JPMBetaEurope BBEU 60.72 39.34 48.50 -11.24 -18.8 PimcoShtTmMuni SMMU 51.25 48.55 49.30 -1.94 -3.8 RH Hdg Multi AMAX 9.71 7.20 7.66 -2.03 -21.0 SimplifyVoltRobo VCAR 17.50 5.29 6.01 -9.49 -61.2 VangdCnsmrDiscr VCR 350.80 213.73 219.02 -121.64 -35.7
JPMBetaIntl BBIN 60.66 41.39 49.63 -9.98 -16.7 Pimco0-5YHyCpBd HYS 99.07 86.46 89.26 -9.85 -9.9 RHTactOutlook RHTX 16.01 10.99 12.81 -3.14 -19.7 SirenDivDefender DFND 42.91 31.73 33.73 -8.34 -19.8 VangdCnsmrStpls VDC 210.13 170.83 191.57 -8.31 -4.2
JPMBetaJapan BBJP 56.30 39.87 44.90 -10.18 -18.5 n PMVAdaptRisk ARP 25.12 24.89 24.90 ... ... RHTactRotation RHRX 15.33 10.27 11.70 -2.93 -20.0 SirenDivLdrsDiv LEAD 60.47 45.13 48.77 -11.58 -19.2 VangdExtMkt VXF 184.54 123.74 132.86 -50.00 -27.3
JPMBetaUSREIT BBRE 111.60 73.96 81.60 -29.46 -26.5 n PSYK ETF PSYK 23.32 16.28 16.70 ... ... RoboGlbAI THNQ 43.85 23.36 26.30 -17.42 -39.8 SirenNasdNexGen BLCN 43.43 20.00 20.30 -22.21 -52.2 VangdInfoTech VGT 463.00 291.62 319.41 -138.76 -30.3
JPM Beta1-5Y BBSA 50.66 46.28 47.03 -3.69 -7.3 PacerAmEnInd USAI 31.33 23.45 26.63 3.20 13.7 RoboGlbHlthTch HTEC 43.83 25.65 28.88 -14.69 -33.7 SmartAdvertising MRAD 26.65 11.35 12.45 -14.42 -53.7 VangdMatrls VAW 201.11 146.72 170.20 -26.68 -13.6
JPMBetaUSEquity BBUS 87.20 62.56 68.54 -17.88 -20.7 PacerIndRealEst INDS 56.52 33.63 36.79 -19.25 -34.4 RoboGlblRobotics ROBO 70.69 39.51 46.33 -23.78 -33.9 SmartApacDiv ADIV 16.82 11.22 13.10 -3.36 -20.4 VangdSC Grwth VBK 283.70 186.94 200.54 -81.25 -28.8
JPMBeta US MC BBMC 92.61 67.34 72.61 -19.23 -20.9 PacerBioThreat VIRS 34.45 24.96 28.23 -6.57 -18.9 n ROC ETF ROCI 26.58 20.25 21.81 ... ... SmartDivBldr DIVS 26.97 20.56 23.09 -3.76 -14.0 VangdSC Val VBR 183.79 142.48 158.80 -20.05 -11.2
JPMBeta US SC BBSC 66.66 48.73 52.09 -13.70 -20.8 n PacerBlueDig ODDS 19.34 14.27 16.27 ... ... RPAR RiskParity RPAR 25.13 16.97 18.63 -6.45 -25.7 SmartTransport MOTO 48.82 30.95 33.86 -13.63 -28.7 VangdCommSvcs VOX 137.24 78.25 82.25 -53.31 -39.3
JPMCarbonUS JCTR 64.88 48.36 51.61 -12.87 -20.0 n PacerBlueStarEngg BULD 20.59 15.14 17.44 ... ... n R3GlbDivGrw GDVD 26.89 19.51 22.20 ... ... SmartSustEnerII SOLR 33.12 25.06 28.62 -4.25 -12.9 VangdDivApp VIG 172.87 132.64 151.85 -19.90 -11.6
JPMClimtChgSolns TEMP 48.09 32.67 37.47 -10.39 -21.7 PacerCFRAStovall SZNE 40.36 31.08 34.56 -5.31 -13.3 RareviewDynFx RDFI 28.57 21.29 22.51 -5.84 -20.6 SoFiBeYourOwn BYOB 28.80 11.94 12.82 -15.99 -55.5 VangdESGIntlStk VSGX 62.95 42.07 49.19 -12.83 -20.7
JPMCorePlusBd JCPB 54.11 44.51 45.93 -8.34 -15.4 PacerFTSECnA50 AFTY 20.88 13.16 15.85 -5.03 -24.1 n RareviewInfln FLTN 25.62 22.17 22.27 ... ... SoFiNext500 SFYX 14.65 10.28 11.03 -3.50 -24.1 VangdESGUSCpBd VCEB 74.00 57.40 60.67 -12.80 -17.4
JPMCorpBdResearch JIGB 54.14 42.06 44.50 -10.03 -18.4 PacerCashCows HERD 36.52 27.89 32.14 -3.30 -9.3 n RareviewSys RSEE 26.46 22.95 23.89 ... ... SoFiSelect500 SFY 17.71 12.37 13.29 -4.21 -24.1 VangdESGUSStk ESGV 88.85 60.74 65.86 -22.03 -25.1
JPMorganDisciplHY JPHY 51.75 42.12 43.84 -7.93 -15.3 n PacerData&DigiRev TRFK 26.18 20.40 22.07 ... ... RareviewTaxAdv RTAI 27.67 18.81 20.67 -6.95 -25.2 SoFiSmartEner ENRG 20.91 13.20 14.84 -5.62 -27.5 VangdEM GovBd VWOB 77.44 55.45 60.98 -16.68 -21.5
JPM DivRetEM JPEM 59.39 44.38 49.29 -7.51 -13.2 PacerData&Infr SRVR 43.36 25.59 29.02 -14.26 -32.9 RayliantQuanCn RAYC 25.75 16.21 17.09 -8.36 -32.9 SoFiSocial50 SFYF 38.74 18.61 19.45 -18.17 -48.3 VangdEnergy VDE 132.62 77.71 121.28 43.67 56.3
JPM DivRetIntlEq JPIN 60.20 41.64 49.28 -9.89 -16.7 PacerIntCashCow100 ICOW 33.17 22.72 27.25 -3.98 -12.7 RayliantQuantalEM RAYE 26.04 18.88 19.19 -6.16 -24.3 n SoFiWeb3 TWEB 21.14 11.21 11.70 ... ... VangdExtDuratn EDV 138.78 73.68 82.83 -57.17 -40.8
JPM DivRetUS Eq JPUS 107.58 85.37 94.78 -11.26 -10.6 PacerEMCashCows ECOW 26.36 16.34 18.43 -6.12 -24.9 RayliantQuanDevMkt RAYD 24.91 19.96 22.07 -3.47 -13.6 SoFiWeeklyDiv WKLY 53.07 40.20 46.05 -5.31 -10.3 VangdAWxUSSC VSS 135.17 89.03 102.81 -31.15 -23.3
JPM Div US MC JPME 95.99 76.31 84.17 -11.23 -11.8 PacerGlCashCows GCOW 34.89 26.60 31.74 0.26 0.8 RealEstSectorSPDR XLRE 51.98 33.12 36.93 -14.88 -28.7 SoFiWeeklyIncm TGIF 104.20 91.39 92.76 -11.29 -10.9 VangdFTSEDevMk VEA 51.92 35.42 41.97 -9.09 -17.8
JPM Div US SC JPSE 46.91 34.95 38.74 -7.23 -15.7 n PacerIndls&Log SHPP 26.25 20.39 23.01 ... ... n RegentsHdgMkt RPHS 10.05 8.22 8.41 ... ... SonicGlbShip BOAT 37.76 23.58 27.79 -1.96 -6.6 VangdFTSE EM VWO 51.26 34.88 38.98 -10.48 -21.2
JPMEquityPrem JEPI 63.39 49.92 54.49 -8.70 -13.8 PacerLuntLCAlt ALTL 46.83 34.16 40.46 -5.39 -11.8 n RelativeSentTact MOOD 25.84 22.24 23.99 ... ... SoundEnhFixed SDEF 21.08 15.38 16.98 -4.06 -19.3 VangdFTSE Europe VGK 69.38 44.99 55.44 -12.80 -18.8
JPM Income JPIE 50.26 43.72 45.12 -5.10 -10.2 PacerLuntLCMultAlt PALC 42.35 31.67 35.16 -6.78 -16.2 RenaissanceIPO IPO 58.25 23.67 24.72 -33.12 -57.3 SoundEquIncm SDEI 28.16 22.89 25.67 -0.34 -1.3 VangdFTSE Pac VPL 79.33 56.07 64.35 -13.66 -17.5
n JPMInfltnMgdBd JCPI 50.12 45.41 45.85 ... ... PacerLuntMCMult PAMC 36.52 27.76 31.36 -4.80 -13.3 RenaissanceIntlIPO IPOS 25.60 12.79 16.88 -8.49 -33.5 n SoundwatchHdg SHDG 22.03 20.55 21.03 ... ... VangdFinls VFH 102.52 72.96 82.73 -13.84 -14.3
JPM IntlBdOpps JPIB 50.75 43.87 45.98 -4.66 -9.2 PacerMetUSLC400 QDPL 36.89 26.57 28.57 -7.97 -21.8 n ResidentialREIT HAUS 23.86 14.57 15.05 ... ... SparkIntangVal ITAN 26.82 18.77 20.06 -6.66 -24.9 VangdFTSEAWxUS VEU 62.70 43.06 50.14 -11.14 -18.2
JPM IntlGrwth JIG 76.50 45.06 52.51 -23.80 -31.2 PacerMetUSLC300 TRPL 43.40 31.38 33.89 -9.27 -21.5 n ReverbETF RVRB 21.08 19.27 19.77 ... ... SPDR DJRlEst RWX 35.78 22.90 26.77 -8.83 -24.8 VangdGlblxUS RE VNQI 54.24 36.02 41.34 -12.61 -23.4
n JPMIntlResearchEnh JIRE 54.98 42.73 50.06 ... ... PacerPacAssetFR FLRT 48.98 43.91 44.80 -3.96 -8.1 RevereSectorOpp RSPY 26.18 19.94 21.42 -4.56 -17.6 SPDR DJREIT RWR 122.83 79.15 87.15 -35.01 -28.7 VangdGrowth VUG 323.53 203.64 213.11 -107.79 -33.6
n JPM MktExpEnh JMEE 53.33 44.03 46.05 ... ... PacerSOSConDec PSCX 22.56 20.32 20.97 -1.66 -7.3 RivFrDynCoreIncm RFCI 24.80 21.43 22.12 -2.80 -11.3 SPDR DJIA Tr DIA 369.50 286.62 331.33 -31.99 -8.8 VangdHlthCr VHT 266.05 217.12 248.05 -18.37 -6.9
JPM Municipal JMUB 54.90 47.63 49.69 -5.16 -9.4 PacerSOSConJul PSCJ 21.25 18.76 19.62 -1.58 -7.5 RivFrDynUSDiv RFDA 48.79 38.44 41.93 -5.51 -11.6 SPDR EurSTOXX FEZ 47.77 30.13 38.70 -7.96 -17.1 VangdHiDiv VYM 115.66 94.59 108.21 -3.90 -3.5
n JPMRealtyIncm JPRE 53.95 40.17 41.08 ... ... PacerSOSFlexDec PSFD 24.75 21.00 23.89 -0.75 -3.0 RivFrDynUSFlex RFFC 48.42 36.99 40.27 -7.51 -15.7 SPDR MSCI exUS CWI 30.01 20.63 24.06 -5.25 -17.9 VangdIndls VIS 206.70 156.85 182.64 -20.32 -10.0
JPMShDurCore JSCP 49.73 44.86 45.70 -4.03 -8.1 PacerSOSFlexJul PSFJ 21.94 19.35 20.89 -0.67 -3.1 RivFrStratIncm RIGS 24.75 21.92 22.63 -2.02 -8.2 SpdrSPIntDiv DWX 39.93 27.59 32.32 -6.56 -16.9 VangdIntermBd BIV 87.24 71.40 74.32 -13.30 -15.2
n JPM SocAdv UPWD 51.28 43.63 49.53 ... ... PacerSwanSOSFd PSFF 26.23 19.80 21.86 -0.94 -4.1 n RiverEnhPreMgr SPCZ 25.59 24.91 25.49 ... ... SPDR S&PMdCpTr MDY 524.18 398.11 442.79 -74.89 -14.5 VangdIntrCorpBd VCIT 92.38 73.37 77.51 -15.25 -16.4
n JPM SustConsmp CIRC 50.84 43.81 48.96 ... ... PacerSOSModDec PSMD 23.07 20.29 21.99 -1.03 -4.5 n RiverPatriot FLDZ 26.47 20.20 21.69 ... ... SPDR S&P 500 SPY 479.98 348.11 382.43 -92.53 -19.5 VangdIntermTrea VGIT 66.25 57.08 58.48 -7.99 -12.0
n JPM SustInfr BLLD 48.94 39.10 45.73 ... ... PacerSOSModJul PSMJ 22.72 19.61 20.81 -0.51 -2.4 RobinAltYdSpac SPAX 22.40 19.54 20.55 0.06 0.3 SPDR S&P Biotch XBI 115.64 61.78 83.00 -28.96 -25.9 VangdIntlDivApp VIGI 85.57 59.94 69.63 -15.79 -18.5
JPMUSAggregateBd JAGG 53.75 44.07 45.79 -8.14 -15.1 PacerSOSConsApr PSCW 22.35 20.14 20.79 -1.21 -5.5 RoundAcqDpVal DEEP 37.92 27.50 30.19 -6.96 -18.7 SPDRS&PChina GXC 108.45 60.01 78.36 -24.89 -24.1 VangdIntlHiDiv VYMI 71.37 51.24 59.57 -7.60 -11.3
JPMUSDEMSovBd JPMB 48.27 35.24 38.74 -9.67 -20.0 PacerSOSConsOct PSCQ 21.10 19.19 20.14 -0.94 -4.5 RoundBallMeta METV 15.36 6.79 7.18 -8.00 -52.7 SPDR S&P Div SDY 133.22 110.55 125.11 -4.01 -3.1 VangdLC VV 222.59 159.02 174.20 -46.82 -21.2
JPM US Moment JMOM 48.45 34.37 37.69 -10.58 -21.9 PacerSOSFlexApr PSFM 23.54 20.17 21.96 -1.21 -5.2 n RoundCannabis WEED 15.50 5.36 5.98 ... ... SPDR SP EmAsPac GMF 125.97 83.13 96.02 -25.50 -21.0 VangdLongTermBd BLV 102.10 66.44 72.44 -30.48 -29.6
JPM USQualFactor JQUA 45.59 34.47 38.75 -6.75 -14.8 PacerSOSFlexOct PSFO 22.30 19.17 21.58 -0.07 -0.3 RoundhillIODigInfr BYTE 15.08 8.77 9.52 -5.59 -37.0 SPDR S&P Home XHB 85.96 51.23 60.32 -25.46 -29.7 VangdLTCorpBd VCLT 105.12 68.68 75.71 -30.13 -28.5
JPM US Value JVAL 39.27 29.49 33.14 -5.28 -13.7 PacerSOSModApr PSMR 22.61 20.02 21.33 -0.92 -4.1 RoundhillMeme MEME 14.28 4.88 5.07 -8.99 -64.0 SPDR IntlSC GWX 37.99 25.08 29.41 -8.36 -22.1 VangdLongTrea VGLT 88.77 57.04 61.62 -27.80 -31.1
JPM UltShIncm JPST 50.50 49.99 50.13 -0.35 -0.7 PacerSOSModOct PSMO 21.43 19.28 20.93 -0.29 -1.4 RoundSportsBet BETZ 25.27 12.85 14.31 -10.52 -42.4 SPDR S&P MtlMng XME 66.63 39.83 49.81 5.03 11.2 VangdMegaCap MGC 170.00 121.30 132.40 -35.68 -21.2
JPMUltShMuni JMST 51.10 50.21 50.53 -0.53 -1.0 PacerTrendEurIndex PTEU 25.31 21.98 22.74 -2.00 -8.1 RoundhillVideo NERD 25.12 13.00 13.99 -10.85 -43.7 SPDRS&POil&Gas XOP 170.62 94.85 135.88 40.01 41.7 VangdMegaGrwth MGK 263.84 165.89 172.07 -88.69 -34.0
KFA LCQualDiv KLCD 34.80 28.49 28.85 -5.74 -16.6 PacerTrendpilot450 PTMC 36.80 30.52 31.21 -5.37 -14.7 RoyceQuantSC SQLV 40.81 31.27 34.39 -5.56 -13.9 SPDR S&P Pharm XPH 46.70 37.94 40.95 -5.20 -11.3 VangdMegaVal MGV 109.92 89.38 102.85 -3.97 -3.7
KFA MtLucas KMLM 40.46 26.55 30.55 4.05 15.3 PacerTrendFd TRND 31.61 25.93 26.10 -5.28 -16.8 n SEIEnhLvUSLC SELV 25.95 22.18 24.79 ... ... SPDR S&P Retail XRT 93.01 55.32 60.45 -29.84 -33.0 VangdMC VO 255.69 182.88 203.81 -50.96 -20.0
KFA SCQualDiv KSCD 30.11 24.20 25.16 -4.43 -15.0 PacerTrendpilot PTIN 29.48 23.94 24.25 -4.73 -16.3 n SEIEnhUSLCMom SEIM 27.24 22.99 24.23 ... ... SPDR S&P Semi XSD 250.82 138.65 167.23 -75.92 -31.2 VangdMCGrowth VOT 255.30 163.55 179.76 -74.86 -29.4
KFAValLineDynCore KVLE 27.41 19.49 21.41 -2.70 -11.2 PacerTrendpilot100 PTNQ 59.45 48.19 49.23 -9.74 -16.5 n SEIEnhUSLCQul SEIQ 27.36 22.84 25.05 ... ... SpearAlpha SPRX 21.91 11.45 11.97 -9.79 -45.0 VangdMC Val VOE 154.69 119.81 135.24 -15.09 -10.0
n KPOP&KoreanEnt KPOP 21.02 13.29 19.57 ... ... PacerTrendpilot750 PTLC 42.00 35.83 37.49 -4.05 -9.7 n SEIEnhUSLCVal SEIV 26.62 21.33 23.61 ... ... n SprottESGGoldETF SESG 36.42 32.47 36.42 ... ... VangdMBS VMBS 52.74 43.33 45.52 -7.32 -13.9
n KellyCrispr XDNA 14.78 8.69 9.94 ... ... PacerTrendUSBd PTBD 26.97 19.42 20.11 -6.82 -25.3 Spac&NewIssue SPCX 28.06 24.42 24.57 -3.43 -12.2 SprottGoldMiners SGDM 35.31 18.85 24.76 -2.60 -9.5 VangdRealEst VNQ 116.24 74.66 82.48 -33.53 -28.9
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.

THE WALL STREET JOURNAL. Tuesday, January 3, 2023 | R13

JOURNAL REPORT | PREFERRED STOCKS 2022 TRADING SUMMARY

Net Pct Net Pct Net Pct Net Pct Net Pct
Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg

25.05 16.00 17.67 -7.33 -29.3 25.60 19.01 19.68 -5.86 -22.9 62.40 53.46 57.54 -0.96 -1.6
A CMSEngyPfdC
CNB Fin PfdA 28.31 24.75 25.55 -1.70 -6.2
FirstRepBkPfdH
FirstRepBkPfdM 24.48 14.62 15.67 -8.83 -36.0 N
SLM Pfd B
SVB Fin PfdA 26.87 16.53 17.15 -9.72 -36.2
CNOFinDeb2060 26.55 16.45 16.91 -9.64 -36.3 FirstRepubBkPfdN 25.99 16.46 17.26 -8.74 -33.6 Sabre6.5%Pfd 151.25 64.61 84.17 -30.60 -26.7
ACRESCmclPfdD 25.50 17.85 17.85 -7.33 -29.1 CTORealtyPfdA 27.77 18.83 20.45 -5.85 -22.2 FordMotor6%Nts 27.09 21.41 21.41 -5.64 -20.9 NGL EnergyPfdC 19.85 8.64 9.42 -5.18 -35.5 SachemNts2026 27.00 19.29 19.51 -5.64 -22.4
AcresCmclPfdC 25.73 19.42 19.77 -5.71 -22.4 CadenceBkPfdA 26.74 18.84 19.45 -6.80 -25.9 n FordMotor6.5%Nts 24.95 21.88 23.35 ... ... NGL EnergyPfdB 18.89 8.90 9.24 -4.76 -34.0 n SachemNts2027 24.90 19.13 20.13 ... ...
AG Mortgage PfdC 24.90 13.12 16.75 -8.03 -32.4 CadizPfdA 18.30 9.63 14.56 -2.19 -13.1 FordMotor6.2%Nt 27.48 21.80 21.83 -5.47 -20.0 NatlRurUtilNt2064 27.29 21.56 24.08 -3.21 -11.8 SachemNts2024 25.50 22.24 23.55 -1.70 -6.7
AG Mortgage PfdB 24.88 13.22 15.64 -9.05 -36.7 CapitalOnePfdJ 26.02 17.01 17.40 -8.62 -33.1 FortressBioPfdA 26.41 16.86 17.65 -8.23 -31.8 NatlStoragePfdA 26.12 21.00 22.36 -3.67 -14.1 SachemNts2024 25.69 23.60 24.36 -0.84 -3.3
AG Mortgage PfdA 25.46 13.90 16.04 -9.18 -36.4 CapitalOnePfdI 26.76 17.79 18.00 -8.75 -32.7 Franchise7.5%PfdA 26.82 19.45 20.54 -5.79 -22.0 NavientNts2043 25.48 17.00 17.62 -7.74 -30.5 n SachemNts2027 25.24 18.72 20.09 ... ...
AGNC InvtPfdF 25.36 16.79 19.28 -5.98 -23.7 CapitalOnePfdK 25.86 16.58 17.50 -8.21 -31.9 FrankBSP PfdE 25.23 16.32 17.84 -7.48 -29.5 NaviosMariPfdH 19.52 11.60 13.60 -0.21 -1.5 SachemNts2025 25.77 21.76 22.86 -2.89 -11.2
AGNC InvtPfdE 25.62 17.56 19.89 -5.78 -22.5 CapitalOnePfdL 25.42 15.70 15.92 -9.50 -37.4 FultonFinlPfdA 26.36 18.94 19.63 -6.62 -25.2 NaviosMaritimPf 22.39 11.12 15.94 2.44 18.1 n SachemNts2027 25.05 19.03 20.77 ... ...
AGNC InvtPfdD 25.90 17.31 19.85 -5.91 -22.9 CapitalOnePfdN 25.41 15.35 15.59 -9.87 -38.8 NecessityPfdC 26.99 18.77 20.20 -6.55 -24.5 SachemCapPfdA 25.93 18.13 18.75 -6.69 -26.3
n AGNCInvPfdG
AGNC InvPfdC
24.05
25.67
19.05 21.90
21.87 25.27 -0.44
... ... CarecloudPfdA
-1.7 n CarecloudPfdB
29.50 25.23 26.69
27.45 24.70 24.97
-2.17
...
-7.5
...
G NecessityPfdA
NYComBncpPfdA 29.40
27.21 18.70
19.99
20.29 -6.90
21.71 -6.66
-25.4
-23.5
SafeBulkersPfdC 26.00
SafeBulkersPfdD 25.78
23.25
23.02
24.85 -0.60
24.92 -0.51
-2.4
-2.0
n AMC Ent Pfd A 10.50 0.65 1.41 ... ... CarlyleNts2061 25.50 14.54 16.19 -9.11 -36.0 53.50 40.76 43.38 -9.52 -18.0 n SaratogaNts2027 25.00 22.60 22.97 ... ...
GamcoGlbGoldPfB 25.32 21.62 22.31 -3.03 -12.0 NY CmtyCap V
AmmoPfdA 29.50 24.40 25.21 -2.54 -9.2 cbdMD PfdA 6.39 3.01 4.05 -1.93 -32.3 NewYorkMtgPfdE 25.61 16.51 18.31 -7.05 -27.8 n SaratogaNts2027 25.75 24.60 25.01 ... ...
GAMCO PfdA 25.59 22.07 22.32 -3.25 -12.7
AT&T Nts 2066 26.13 20.98 21.68 -4.39 -16.8 CedarRealtyPfB 25.83 7.24 14.51 -11.29 -43.8 NewYorkMtgPfdD 25.76 16.35 17.60 -7.92 -31.0 n SaratogaInv8.125Nt 25.00 24.70 24.94 ... ...
GDL Fd PfdC 51.67 48.00 48.47 -2.89 -5.6
AT&T Nts 2067 27.17 21.87 22.70 -4.47 -16.5 CedarRealtyPfC 25.50 6.20 11.76 -13.51 -53.5 NewYorkMtgPfdF 24.95 14.35 16.67 -7.88 -32.1 SaulCentersPfdE 27.39 18.96 19.69 -7.78 -28.3
AT&T PfdC 26.31 16.51 17.44 -8.82 -33.6 GabelliDivPfdH 26.73 22.41 23.46 -3.14 -11.8
CemtrexPfd 3.54 0.30 0.34 -1.29 -79.2 GabelliDivPfdK 25.34 18.39 18.67 -6.54 -25.9 NewYorkMtgPfdG 25.01 14.77 15.25 -9.55 -38.5 SaulCentersPfdD 26.83 19.00 20.90 -5.10 -19.6
AT&T PfdA 26.88 17.94 18.35 -8.45 -31.5 CenterspacePfdC 27.78 23.21 25.25 -0.83 -3.2 NewtekNts2026 25.95 23.30 24.83 -0.94 -3.6 ScorpioTankersNts 26.45 24.21 24.67 -0.03 -0.1
AXIS CapPfdE 25.29 19.01 19.60 -5.68 -22.5 GabelliEquityPfdK 26.43 21.00 21.83 -4.61 -17.4
CentraisElBrasPf 11.15 5.14 8.20 2.20 36.7 GabelliEqPfdG 26.45 21.15 21.98 -3.56 -13.9 NewtekNts2024 26.00 24.20 24.80 -0.60 -2.4 SeapeakPfdB 26.40 19.62 22.42 -3.83 -14.6
abrdnIncmPfdA 26.87 19.74 20.77 -6.11 -22.7 CharahNts2026 24.50 9.00 10.11 -14.29 -58.6 NexPtDivRlEstPfdA 21.97 14.76 16.10 -5.06 -23.9 SeapeakPfdA 25.50 21.31 23.57 -1.79 -7.1
AegonNts2049 26.80 18.77 19.06 -7.73 -28.9 GabelliEqPfdH 26.02 21.05 21.86 -3.50 -13.8
SchwabPfdJ 26.17 17.91 18.50 -7.61 -29.1 GabelliPfdB 51.59 49.12 49.50 -1.70 -3.3 NexPointPfdA 27.20 18.10 18.67 -7.53 -28.7 SelectiveInsPfdB 27.36 15.92 16.75 -9.15 -35.3
AffiliatedNts61 24.76 14.53 14.74 -9.98 -40.4 SchwabPfdD 26.13 22.70 23.59 -1.89 -7.4 NextEraEnDebN 27.88 22.75 22.86 -4.91 -17.7 SempraNts79 27.37 21.04 21.63 -5.71 -20.9
AffiliatedNts60 26.30 16.44 16.82 -9.50 -36.1 n ChartIndsPfdConvB 51.50 47.53 50.64 GabelliPfdA 55.80 43.64 46.52 -1.78 -3.7
... ... NiaMoPwr pfB 102.00 68.10 71.57 -29.68 -29.3 SeritageGrwPfdA 24.81 13.48 24.01 0.03 0.1
AffiliatedMgrDeb 26.99 19.94 20.78 -6.21 -23.0 GabelliMultiPfdG 26.78 21.56 24.05 -2.35 -8.9
ChathamLodgPfd 27.10 17.64 20.04 -6.47 -24.4 NiaMoPwr pfC 105.00 69.84 76.00 -25.50 -25.1 SilvergatePfdA 25.10 10.10 11.59 -13.46 -53.7
AgreeRealtyPfdA 24.11 15.51 16.11 -7.61 -32.1 GabelliMultPfdE 25.93 22.15 23.98 -1.67 -6.5
CherryHillPfdA 25.80 17.50 20.49 -4.98 -19.5 NiSourcePfdB 27.30 23.55 24.29 -2.93 -10.8 SimonPropPfdJ 71.50 57.07 60.41 -8.60 -12.5
AirLeasePfdA 26.48 20.52 24.02 -1.94 -7.5 GabelliUtilPfdC 26.70 22.40 23.45 -3.04 -11.5
CherryHillPfdB 25.50 16.82 19.95 -5.36 -21.2 NorthernTrPfdE 27.59 19.50 19.80 -7.31 -27.0 SiriusPoinPfdB 27.89 21.00 23.25 -4.36 -15.8
AirTPfd 24.26 19.10 20.85 -3.10 -13.0 GarrettMotionPfdA 8.90 6.75 8.70 0.32 3.8
ChickenSoupNts 25.97 20.50 25.25 -0.25 -1.0 NuSTAR PfdB 22.50 18.73 20.38 -2.12 -9.4 SolunaPfdA 20.91 1.16 1.59 -17.04 -91.4
AlgonquinNt2079 27.31 21.02 21.32 -5.88 -21.6 GasLogPfdA 26.40 21.94 24.05 -1.34 -5.3 SotherlyHtlsPfC 23.36 16.12 20.50 4.05 24.6
ChickenSoupPfdA 27.34 20.33 21.81 -5.00 -18.6 NuSTAR PfdC 25.50 20.98 23.57 -1.55 -6.2
AlgonquinPwrNt 27.10 20.69 23.00 -3.60 -13.5 ChimeraPfdC 25.36 15.30 17.15 -7.89 -31.5 GasLogPtrsPfdB 25.82 23.34 24.50 -1.17 -4.5 SotherlyHtlsPfB 24.75 15.90 21.87 5.49 33.5
GasLogPtrsPfdC 26.10 21.99 24.01 -1.83 -7.1 NuSTAR PfdA 25.22 21.66 22.55 -2.75 -10.9
AllstateDeb 26.42 23.51 24.79 -1.62 -6.1 ChimeraInvPfdD 25.48 16.35 18.83 -6.42 -25.4 NuSTARLogNts 25.51 23.33 24.20 -1.02 -4.0 SotherlyHtlsPfd 23.98 16.24 20.56 3.76 22.4
AllstatePfdI 26.73 18.33 20.01 -6.72 -25.1 ChimeraInvPfdA 25.75 17.24 18.41 -7.05 -27.7 GasLogPtrsPfdA 26.54 22.09 24.21 -2.12 -8.1 SouthJerseyNts2079 26.36 16.51 16.75 -9.63 -36.5
28.00 23.84 25.50 -1.36 -5.1
27.24 19.23 19.81 -7.31 -27.0
O
AllstatePfdH ChimeraInvPfdB 25.59 16.70 19.81 -5.74 -22.5 GenAmInv pfB SouthernNts2020C 25.97 17.16 17.35 -8.65 -33.3
AllstatePfdG 26.40 21.55 21.73 -4.60 -17.5 CitigrpCapXIIIPf 29.06 26.29 28.40 0.50 1.8 GenieEnergyPfd 10.84 8.18 9.30 0.24 2.7 SouthernNts20 27.13 18.76 19.64 -7.47 -27.6
AltaEquipPfdA 31.32 24.35 25.30 -3.19 -11.2 CitigroupPfdK 27.83 24.68 25.03 -2.61 -9.4 GeorgiaPwrNt77 25.97 21.10 23.53 -2.35 -9.1 SouthernNts77 26.22 20.33 21.18 -5.04 -19.2
26.72 17.02 19.70 -7.09 -26.5 OFSCapNts2028 25.73 19.41 21.39 -4.26 -16.6
AmerEqInvLifePfB 28.10 22.12 22.49 -5.58 -19.9 CitigroupPfdJ 27.42 24.88 25.16 -2.20 -8.0 GladstonePfdG n SpecialOppsPfdC 25.50 19.92 22.69 ... ...
26.81 19.00 22.78 -3.42 -13.1 OFSCreditPfdE 25.54 20.39 22.22 -2.80 -11.2
AmerEqInvPfdA 27.60 19.76 20.11 -7.39 -26.9 CitizensFinPfdD 27.66 23.01 23.50 -4.07 -14.8 GladstonePfdE SpirePfdA 27.34 22.25 22.58 -4.78 -17.5
26.25 20.40 21.80 -4.47 -17.0 OFSCreditPfdC 25.70 22.20 22.80 -2.85 -11.1
AmFinDeb 26.99 17.54 18.59 -8.40 -31.1 CitizensFinPfdE 26.47 18.06 19.30 -7.17 -27.1 GladstoneNts2028 SpiritRealtyPfdA 26.00 21.00 22.25 -3.47 -13.5
26.04 22.21 23.00 -2.93 -11.3 OaktreeCapPfdB 26.62 21.37 21.37 -5.05 -19.1
AmerFinDeb2059 28.03 18.67 20.61 -6.72 -24.6 CityOfficePfdA 25.85 18.01 18.89 -6.96 -26.9 GladstoneNts2026 StarEquityPfdA 10.49 8.50 9.27 -0.85 -8.4
OaktreeCapPfdA 26.80 21.31 21.39 -5.30 -19.9
AmerFinDeb2060 29.15 20.13 21.51 -7.67 -26.3 ClarivatePfdA 94.44 36.51 37.88 -52.98 -58.3 GladstonePfdD 25.92 23.00 23.41 -2.23 -8.7 StateStreetPfdG 28.90 23.08 23.51 -5.10 -17.8
OceanFirstPfdA 28.50 24.52 25.00 -2.60 -9.4
AmFinDeb2059 27.24 21.29 22.45 -4.55 -16.9 Coherent6%Pfd 305.30 141.47 159.90 -123.12 -43.5 GladstonePfdB 27.95 23.20 23.51 -2.99 -11.3 StateStreetPfdD 27.47 23.44 24.10 -3.21 -11.8
OfficePropNts2050 27.34 16.39 17.45 -9.88 -36.2
AmHomes4RentPfdG 25.63 19.53 22.16 -3.47 -13.5 Comcast DECS 67.00 51.94 56.28 -7.13 -11.2 GlMedREIT PfdA 26.90 23.05 25.12 -1.38 -5.2 SteelPtrsPfdA 24.39 22.66 22.97 -1.47 -6.0
n OldNatlBncpPfdA 27.44 24.40 25.20 ... ...
AmHomes4RentPfdH 27.19 21.45 23.23 -3.82 -14.1 CompassPfdA 25.94 20.50 25.28 -0.67 -2.6 GlbNetLeasePfdB 26.88 18.31 19.45 -7.35 -27.4 StifelFinNts47 26.58 19.36 20.17 -5.91 -22.7
n OldNatlBncpPfdC 27.40 24.36 25.09 ... ...
AIG PfdA 27.23 20.95 21.41 -5.68 -21.0 CompassPfdC 27.00 22.22 22.82 -4.10 -15.2 GlbNetLeasePfdA 26.79 19.01 21.03 -5.69 -21.3 StifelFinlPfdB 27.00 21.87 23.00 -3.99 -14.8
OntrakPfd 13.10 0.36 0.41 -10.12 -96.1
AnnalyCapPfdG 25.46 19.27 23.09 -2.40 -9.4 CompassPfd 27.81 22.35 23.06 -4.84 -17.3 GlobalPtrsPfdB 27.14 24.00 25.28 -1.32 -5.0 StifelFinlPfdC 27.31 21.36 24.02 -3.11 -11.5
n OxfordLaneNts2027 25.20 20.93 22.15 ... ...
AnnalyCapPfdF 25.59 21.67 24.38 -1.20 -4.7 ComSovereignPfdA 17.95 0.99 1.00 -13.35 -93.0 GlobalPtrsPfdA 29.36 24.60 25.90 -0.52 -2.0 StifelFinlPfdD 25.75 15.50 16.15 -9.66 -37.4
OxfordLanePfd2029 25.05 19.99 20.50 -4.40 -17.7
AnnalyCapPfdI 26.50 18.75 22.36 -4.16 -15.7 ConiferNts2023 25.02 21.34 23.00 -1.73 -7.0 GlShipLeasePfdB 26.99 24.50 24.74 -0.96 -3.7 Strats Allst GJT 22.27 20.20 20.89 0.24 1.2
OxfordLanePfd2027 25.45 21.30 22.68 -2.62 -10.4
ApolloAssetPfdB 26.99 21.09 21.69 -4.94 -18.6 ConnectOnePfdA 26.42 19.51 20.39 -6.01 -22.8 GlobeLifeDeb2061 26.15 16.74 17.90 -8.00 -30.9 Strats Dom GJP 29.50 21.20 24.43 0.18 0.7
OxfordLanePfd2024 25.45 24.01 24.90 -0.37 -1.5
ApolloAssetPfdA 25.74 20.95 21.84 -3.76 -14.7 ConsumersEnerPf 111.10 83.50 86.80 -22.31 -20.4 GoldmanSachsPfK 28.42 24.48 24.77 -3.40 -12.1 Strats GSG GJS 21.96 20.13 20.99 -0.47 -2.2
OxfordLaneNts2031 26.50 21.86 22.58 -3.60 -13.7
AppliedUVPfdA 25.79 3.95 17.90 -7.66 -30.0 CorEnergyInfrPf 22.62 8.60 11.40 -9.10 -44.4 GoldmanSachsPfJ 26.70 23.63 24.65 -1.80 -6.8 Strats PG GJR 24.95 23.00 23.90 0.35 1.5
n OxfordLanePfd 25.03 21.40 22.68 ... ...
AptivPfdA 194.47 94.18 107.32 -76.77 -41.7 Corts Aon KTN 31.88 26.60 26.86 -4.77 -15.1 GoldmanSachsPfC 25.33 18.21 19.63 -5.75 -22.7 Strats USC GJH 10.77 8.24 8.35 -2.20 -20.9
OxfordSquareNt28 25.56 20.49 21.74 -3.31 -13.2
ArborRealtyPfdD 25.49 16.00 17.26 -8.09 -31.9 Corts PECO KTH 32.39 28.16 28.31 -4.06 -12.5 GoldmanSachsPfD 25.36 18.02 18.44 -6.99 -27.5 Strats WlMrt GJO 24.00 23.00 23.80 -0.16 -0.7
OxfordSquareNt26 25.94 22.55 23.75 -1.67 -6.6
ArborRltyPfdF 25.58 17.13 18.11 -7.34 -28.8 CostamarePfdB 26.40 21.60 23.24 -2.68 -10.3 GoldmanSachsPfA 25.34 17.50 18.41 -6.93 -27.3 SummitHotelPfdE 25.73 16.90 18.28 -7.07 -27.9
OxfordSquareNt24 25.50 23.96 24.63 -0.66 -2.6
ArborRealtyPfdE 25.35 15.88 16.61 -8.93 -35.0 CostamarePfdC 26.99 22.80 25.09 -1.16 -4.4 GranitePointPfdA 25.99 17.15 17.15 -8.40 -32.9 SummitHotelPfdF 26.00 16.04 17.13 -8.62 -33.5
ArcelorMittalNts 88.03 46.41 61.94 -12.17 -16.4
ArchCapitalPfdG 25.86 17.02 17.27 -8.59 -33.2
CostamarePfdD
CostamarePfdE
27.71 23.85 25.43
27.34 23.56 25.36 -1.62
-1.17 -4.4
-6.0
GreatAjaxNts24
GreatElmNts26 25.74
...
23.25
... 23.94
23.70
-0.04
-1.84
-0.2
-7.2 PQ SunstoneHotelPfdI 25.27
SunstonePfdH 26.56
17.51
18.57
17.99 -7.12
19.40 -6.18
-28.3
-24.2
ArchCapitalPfdF 25.83 19.90 20.30 -5.42 -21.1 CowenNts2033 27.15 24.31 25.15 -1.39 -5.2 GreatElmNts24 25.32 23.51 24.92 -0.08 -0.3 SuRoCapNts2026 25.95 22.07 23.51 -2.17 -8.5
ArgoBlockchainNts 25.05 0.71 3.05 -21.85 -87.8 PG&E 6%Pfd 32.30 19.01 20.18 -9.52 -32.1
CreativeMedPfdL 32.27 24.31 28.01 -0.34 -1.2 GreatElmNts25 25.37 23.63 24.71 -0.34 -1.4 SynchronossNts26 23.90 15.00 17.95 -5.81 -24.5
ArgoGroupNts42 25.85 19.59 19.60 -6.21 -24.1 PSBusParksPfdZ 27.13 10.78 11.12 -15.94 -58.9
Cullen/FrostPfdB 26.17 18.00 18.50 -7.60 -29.1 n GreatElmNts2027 24.49 14.01 16.00 ... ... SynchronyPfdA 27.08 16.66 17.15 -9.78 -36.3
26.90 18.04 18.30 -8.37 -31.4 PSBusParksPfdX 25.85 12.51 13.45 -12.34 -47.8
ArgoGoupPfdA CustomersBncpNt34 27.15 19.06 20.60 -6.26 -23.3 GreenBrickPfdA 27.00 19.39 19.46 -6.68 -25.6 SynovusFinPfdE 27.21 21.59 21.75 -5.25 -19.4
ArlingtonAsstNt26 25.44 20.99 23.50 -1.75 -6.9 PSBusParksPfdY 26.15 12.78 13.35 -12.74 -48.8
CustomersBncpPfdF 25.54 23.42 25.40 0.20 0.8 GreenidgeGenNt 24.17 0.55 1.10 -22.76 -95.4 SynovusFinPfdD 26.33 22.36 23.84 -2.56 -9.7
ArlingtonAsstNt25 25.40 23.10 23.96 -1.20 -4.8 PacGE pfI 26.00 14.55 16.39 -7.13 -30.3
CustomersBncpPfdE 25.79 24.40 25.38 -0.06 -0.2
26.75 15.00 16.25 -6.90 -29.8
ArlingtonAssetPfB 24.90
ArlingtonAssetPfC 25.39
15.80 17.67
17.62 21.09
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CyclacelPharmPfd 14.55 5.17 11.01 4.81 77.6 H
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PacGE pfG 27.44 14.73 16.50 -7.02 -29.8 T
27.76 16.23 16.50 -8.07 -32.8
ArmadaHofflerPfA 27.44
ArmourResPfdC 25.74
19.00 20.99
17.85 19.13
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-6.58
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D HancockNts2060 28.90 22.24 22.61 -6.37 -22.0
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PacGE pfE 27.36 16.54 16.68 -7.67 -31.5
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TectonicFinPfdB
24.29
10.80
15.40
10.20
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10.30
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HarborCustomPfdA 18.19 6.22 6.45 -9.23 -58.9 PacGE pfC 28.48 15.79 16.77 -9.13 -35.3
AshfordHospPfdG 24.95 13.76 20.13 -3.19 -13.7 DCPMidstrmPfdB 25.61 21.60 24.50 -0.40 -1.6 n HarrowHlthNts27 25.45 24.40 25.08 ... ... Tele&DataPfdUU 27.64 14.50 14.72 -12.74 -46.4
AshfordHospPfdH 23.70 13.96 17.06 -5.76 -25.2 PacGE pfB 30.53 17.77 18.37 -9.03 -33.0
DCPMidstrmPfdC 26.00 22.40 24.13 -0.91 -3.6 HarrowHlthNts26 27.05 22.24 23.85 -2.96 -11.0 Tele&DataPfdVV 26.55 12.86 13.10 -13.50 -50.8
AshfordHospPfdI 23.78 13.75 17.19 -6.00 -25.9 n PacWestBncpPfdA 26.62 24.23 25.00 ... ...
DTE EnergyDeb80 26.14 16.57 19.08 -7.16 -27.3 TellurianNts2028 25.55 12.93 17.45 -7.57 -30.3

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HartfordFinPfdG 27.30 23.75 25.18 -1.74 -6.5 ParamountPfdA 62.35 24.12 24.77 -25.45 -50.7
AshfordHospPfdD 25.30 15.58 20.41 -4.69 -18.7 DTE EnergyDebE 26.30 16.11 17.45 -8.85 -33.7 TVA Parrs 25.98 19.81 21.87 -4.05 -15.6
HlthcrTrAmerPfdA 26.68 19.17 20.99 -4.41 -17.4 PartnerRePfdJ 27.13 18.01 18.82 -8.28 -30.6
AshfordHospPfdF 25.00 14.00 17.44 -7.56 -30.2 DTE EnergyDeb77 25.96 20.32 21.20 -4.64 -18.0 26.77 20.16 22.16 -3.99 -15.3

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26.45 17.82 18.07 -8.11 -31.0
HeartlandPfdB PebblebrookPfdH 25.54 15.68 16.50 -8.10 -32.9
AspenInsPfd DanaherPfdB 1669.45 1275.97 1356.55 -381.62 -22.0 68.71 52.01 58.00 1.00 1.8 TerraIncm6 Nts 25.89 19.41 23.05 -2.62 -10.2
27.04 21.23 23.28 -3.67 -13.6
HeclaMiningPfB PebblebrookPfdF 25.27 17.01 17.80 -7.48 -29.6
25.57 16.22 20.00 -5.03 -20.1
AspenInsPfd DiamondrockPfd 28.57 23.59 24.88 -3.03 -10.9 26.70 22.60 23.70 -2.25 -8.7 TerraPropNts2026
26.14 17.68 18.01 -7.80 -30.2
HennessyAdvNts PebblebrookPfdE 25.29 17.28 17.93 -7.39 -29.2
26.84 18.80 19.13 -7.88 -29.2
AspenInsPfd DianaShippingPfd 27.95 22.36 25.10 -1.08 -4.1 26.80 21.31 24.59 -2.08 -7.8 TexasCapBcshsPfdB
27.05 21.91 22.10 -4.83 -17.9
HerculesCapNts33 PebblebrookPfdG 26.39 16.83 18.20 -8.06 -30.7
27.43 21.61 23.13 -3.57 -13.4
AssdBancPfdE DigitalRealtyPfdL 26.79 18.71 20.21 -6.57 -24.5 23.32 16.83 18.70 -4.20 -18.3 TextainerPfdA
27.46 20.26 20.51 -6.95 -25.3 HershaHospPfdD PennyMacMtgPfA 26.74 19.24 22.00 -4.44 -16.8 25.95 18.23 18.57 -7.47 -28.7
AssdBancPfdF DigitalRealtyPfJ 26.20 19.24 21.02 -5.02 -19.3 23.30 18.00 18.50 -4.57 -19.8
TextainerPfdB
26.66 18.99 21.03 -5.37 -20.3
AssurantNts2061 27.31
AthenePfdA
AthenePfdB
AthenePfdC
AthenePfdD
n AtheneHldgPfd
29.62
27.30
28.79
25.73
25.74
18.34 20.19
21.30 21.45
19.71 19.87
23.68 23.94
16.83 17.04
24.82 25.74
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DigitalRealtyPfK 27.53 20.68 22.81 -4.72
26.47 17.54 18.77 -7.59
DigitalBrdgPfdH 25.58 17.70 18.90 -6.67
26.08 17.42 18.76 -7.35
27.98 24.82 25.22 -2.80
26.16 17.75 18.55 -7.66
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HershaHospPfdE
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HoeghLNG PfdA
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n HorizonTechNts27
24.15
26.39
24.40
25.95
25.99
18.08
18.77
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19.96
18.80
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PennyMacPfdC 25.21
PhenixfinNts2028 25.50
PhenixfinNts2023 25.75
PitneyBowesNt43 25.32
PlymouthREITPfdA 27.50
16.12
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24.75
14.90
24.64
17.15 -8.03
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25.08 -0.45
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TravelCtrsNt29
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26.44
26.74
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24.46
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25.19
25.35
25.31
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28.00 22.80 24.70 -3.30 -11.8 HovnanianPfdA 23.49 16.66 19.00 -4.00 -17.4 PopularCapPfd 27.41 24.64 25.22 -0.88 -3.4 26.90 20.51 21.81 -4.44 -16.9
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DivrsHlthcrNts46 23.15 10.19 11.53 -11.12 -49.1 TritonIntlPfdC
AtlanticusPfdB 25.55 16.20 17.49 -7.76 -30.7 DriveShackPfdC 25.00 4.44 5.84 -19.21 -76.7 HudsonPacificPfdC 26.00 11.85 12.53 -13.56 -52.0 PPlus GSC-2 25.00 20.36 20.85 -4.05 -16.3 TritonIntlPfdB 27.45 22.77 24.99 -2.41 -8.8
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AtlasPfdH 25.97 20.16 21.57 -4.12 -16.1 DriveShackPfdB 26.34 3.40 8.03 -17.27 -68.3 HuntingtonPfdH 26.27 16.86 16.96 -9.32 -35.5 27.69 22.30 22.70 -4.59 -16.8
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AtlasPfdD 26.55 21.51 24.10 -1.67 -6.5 94.06 60.01 62.25 -32.10 -34.0 PriorityIncmPfdI 25.60 20.33 21.31 -4.16 -16.3 TruistFinlPfdO 27.83 20.31 21.31 -6.47 -23.3
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AtlasPfdI 27.63 20.20 21.95 -4.79 -17.9 DuPont pfB 115.00 76.50 78.00 -30.67 -28.2 PriorityIncmPfdG 25.63 22.01 22.98 -2.83 -11.0 TruistFinPfdI 25.74 17.55 17.99 -7.76 -30.1
DukeEnerDeb78 27.30 22.72 22.80 -3.92 -14.7 PriorityIncmPfdF 26.37 21.73 22.74 -2.66 -10.5 TruistFinlPfdR 26.64 18.02 19.09 -7.50 -28.2
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DukeEnergyPfdA 27.48 22.78 23.39 -3.97 -14.5 iMediaBrandsNts TsakosEnergyPfdD 25.50 22.18 23.61 0.01 0.0
DynagasLNG PfdB 25.95 13.89 22.82 -2.31 -9.2 ImperialPetPfdA 22.43 17.00 20.75 3.05 17.2 PriorityIncmPfdD 25.46 21.45 21.77 -3.53 -14.0 TsakosEnergyPfdF 25.10 23.64 24.40 0.41 1.7
n BIPBermudaNts 25.49 16.20 16.20 ... ... DynagasLNG PfdA 26.25 14.58 22.47 -2.95 -11.6 InnovativeIndPfdA 33.49 25.00 29.00 -3.62 -11.1 n PriorityIncmPfdL 25.54 20.21 21.97 ... ... TsakosEnergyPfdE 24.88 23.20 23.95 0.21 0.9
BRileyFinlNt2026 25.08 19.00 21.00 -4.17 -16.6 DynexCapPfdC 26.19 18.81 21.81 -4.26 -16.3 InpointCmclREPfdA 25.20 15.75 18.90 -6.15 -24.5 PriorityIncmPfdJ 26.32 19.52 21.00 -4.22 -16.7 TwoHarborsPfdC 25.49 16.11 18.71 -6.78 -26.6
B.RileyNts2026 25.75 20.35 22.30 -3.20 -12.5 InvescoMtgPfdB 25.34 16.75 19.68 -4.96 -20.1 ProspectCapPfdA 22.22 14.91 14.95 -6.93 -31.7 TwoHarborsPfdB 26.03 16.21 18.93 -7.14 -27.4
B.RileyNts2028
B.RileyNts2025
25.80 18.36 19.44 -6.08
26.19 21.55 22.75 -3.50
-23.8
-13.3
E InvescoMtgPfdC
iStarPfdI
25.42
25.88
15.24
21.99
20.52
24.46
-4.16
-1.27
-16.9
-4.9
PrudentialNts2060 26.03
PrudentialNt58 27.15
17.79
22.21
18.15 -7.89
24.48 -2.68
-30.3
-9.9
TwoHarborsPfdA 26.60 16.91 20.29 -6.04 -22.9

B.RileyNts2024 25.95 23.26 24.40 -1.47

27.01 18.25 19.84 -7.16
-5.7
-26.5
EPR PropPfdC 26.12 17.21 17.97 -7.61 -29.7 iStarPfdG 26.25
26.46
22.50
23.41
24.53
24.79
-0.98
-1.21
-3.8
-4.7
n PrudentialNts2062 25.44
PublicStoragePfH 27.18
23.48
22.34
24.22
23.29 -3.89
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er s

BRileyFinlPfdA EPR PropPfdG 25.76 15.43 16.79 -8.47 -33.5 iStarPfdD

B.RileyPfdB 27.53 21.00 24.79 -2.48 -9.1 EPR PropPfdE 36.00 25.43 25.73 -10.02 -28.0 PublicStoragePfJ 26.42 18.34 19.30 -7.12 -26.9 UMH PropPfdD 26.23 22.00 22.25 -3.73 -14.4
B.RileyNts2028 25.02 16.41 18.24 -6.77 -27.1 EaglePointPfdC 25.99 19.79 20.45 -4.86 -19.2 J n
PublicStoragePfI 26.73
PublicStoragePfdS 25.02
19.08
16.00
20.15 -6.59
17.08 ...
-24.6
...
US BancorpPfdM 25.21 15.83 16.24 -8.97 -35.6
BRileyFin6.50%SrNt 26.45 20.22 21.96 -4.44 -16.8 n EaglePointNts29 24.67 20.22 21.34 ... ... US BancorpPfdK 26.85 22.08 22.31 -4.21 -15.9
m er

BabcockWilcoxPfdA 26.35 12.70 14.75 -10.25 -41.0 EaglePointNts28 26.25 21.22 24.09 -1.25 -4.9 JPMChasePfdLL 26.20 18.15 18.84 -7.27 -27.8 PublicStoragePfP 25.11 15.68 16.63 -8.46 -33.7 US BancorpPfdL 24.01 15.04 15.50 -8.46 -35.3
Babcock&WilcxNt26 26.41 21.22 24.08 -2.22 -8.4 EaglePointNts31 26.50 20.04 22.26 -3.87 -14.8 JPMorganPfdDD 27.09 22.67 23.39 -3.49 -13.0 PublicStoragePfdR 25.06 15.56 16.70 -8.33 -33.3 US BancorpPfdA 960.00 719.28 815.69 -144.31 -15.0
BabcockWilcoxNts 24.84 18.56 20.64 -4.16 -16.8 EaglePointPfdD 25.30 18.64 19.60 -5.15 -20.8 JPMChasePfdEE 27.35 24.06 24.76 -2.49 -9.1 PublicStoragePfdL 26.78 18.05 19.11 -7.67 -28.6 US BancorpPfdB 24.84 17.44 18.40 -6.42 -25.9
BFC Cap Pfd 33.56 26.16 28.50 0.11 0.4 EaglePointPfdA 26.34 20.99 23.78 -1.81 -7.1 JPMChasePfdJJ 26.16 17.90 18.61 -7.50 -28.7 PublicStoragePfdN 25.20 15.12 16.27 -8.93 -35.4 n US BancorpPfdO 24.87 18.06 18.33 ... ...
BancoBradescoPf 4.32 2.50 2.88 -0.23 -7.4 ElPasoEngy pfC 50.65 44.19 45.04 -5.55 -11.0 JPMorganPfdMM 25.49 16.83 17.45 -8.07 -31.6 PublicStoragePfK 26.38 18.60 20.17 -6.17 -23.4 USCellularNts2070 26.21 14.00 14.46 -11.76 -44.9
BancroftFdPfdA 25.59 22.56 23.10 -2.42 -9.5 EllingtonFinPfdA 26.47 17.83 18.73 -7.66 -29.0 JPMorganPfdGG 26.44 18.86 19.26 -7.08 -26.9 PublicStoragePfQ 24.87 15.25 16.42 -8.45 -34.0 USCellularNts2069 27.11 15.41 15.97 -11.13 -41.1
25.22 15.40 15.77 -9.37 -37.3 PublicStoragePfF 26.15 20.09 21.08 -4.60 -17.9
m rp

BankOZKPfdA EllingtonFinlPfdB 26.82 16.14 17.56 -7.69 -30.5 USCellular5.5%SrNt 26.33 13.91 14.52 -11.88 -45.0
BankofAmPfdL 1454.50 1132.51 1160.00 -285.40
n BankofAmPfdSS 25.15 18.30 18.81 ...
-19.7
...
EllsworthPfdA 25.70 21.75 22.39 -3.28
EnbridgeNts2078 26.84 22.81 24.40 -2.33
-12.8
-8.7
K PublicStoragePfG 26.14
PublicStoragePfM 25.36
20.01
16.09
21.63 -4.03
17.21 -8.06
-15.7
-31.9
UtdCmtyBksPfdI 28.14 23.15 25.43 -2.37
UnumNts061558 26.91 21.85 23.93 -2.21
-8.5
-8.5
BankofAmPfdPP 25.41 15.88 16.70 -8.71 -34.3 EnerTransferPfdD 25.74 21.50 22.00 -3.07 -12.2 KKR Pfd C 93.32 52.80 57.25 -35.90 -38.5 PublicStoragePfdO 25.15 15.24 16.36 -8.74 -34.8 Urstadt Pfd K 25.81 18.06 20.48 -5.09 -19.9
BankofAmPfdHH 26.45 22.81 23.20 -3.13 -11.9 EnerTransferPfdE 25.89 21.85 21.89 -3.46 -13.6 KKR Nts 2061 26.19 16.75 16.75 -9.40 -35.9 PyxisTankersPfdA 26.00 12.25 24.12 10.38 75.5 Urstadt Pfd H 25.90 19.16 21.84 -3.99 -15.4
BankofAmPfdGG 27.00 23.46 23.92 -2.64 -9.9 EnerTransferPfC 25.40 21.10 21.77 -3.03 -12.2 KKRRealEstFinPfdA 25.72 16.01 16.50 -9.20 -35.8 QVC Nts 2068 25.92 11.02 11.97 -13.74 -53.4
BankofAmPfdLL 26.55 19.34 19.45 -7.13
BkofAmericaPfdNN 25.56 17.00 17.55 -8.03
-26.8
-31.4
EnstarPfdE 27.06 22.00 22.22 -4.80 -17.8 n KemperDeb2062 25.44 17.90 18.35 ... ... QVC Nts2067 25.95
QurateRetailPfd 104.80
11.05
32.00
11.79 -13.80
34.26 -68.96
-53.9
-66.8
V
EnstarPfdD 29.63 20.72 21.40 -8.16 -27.6 KeyCorpPfdG 27.21 20.40 20.76 -6.46 -23.7
BankofAmPfdQQ 25.38 15.75 16.95 -8.42 -33.2 25.58 20.10 20.10 -5.48 -21.4 n KeyCorpPfdH QwestNts2056 25.50 16.39 16.70 -8.67 -34.2 ValleyNatlPfdB 25.67 21.05 25.10 -0.35 -1.4
EntergyBds66 25.35 23.71 24.53 ... ...
co Fo

BankofAmPfdKK 26.92 20.77 20.94 -5.88 -21.9 EntergyLA Bds66 25.41 20.19 20.27 -5.03 -19.9 QwestNts2057 25.64 16.90 17.40 -8.26 -32.2 ValleyNatlPfdA 30.26 21.35 24.33 -5.85 -19.4
KeyCorpPfdE 30.23 22.74 23.18 -7.06 -23.3
BankofAmPfdE 25.56 18.00 18.30 -7.25 -28.4 EntergyMS Bds 25.41 20.20 20.37 -5.01 -19.7 26.88 18.88 20.78 -5.86 -22.0 ViaRenewablesPfdA 25.70 22.75 22.87 -2.55 -10.0
BankofAmPfd1 23.96 17.54 19.10 -4.58 -19.3 EntergyBds66 25.63 21.56 22.10 -3.49 -13.6
KeyCorpPfdF
KimcoRealtyPfdM 26.10 19.27 20.35 -5.72 -21.9 R VirtusCvPfdA 26.78 21.05 21.22 -5.70 -21.2
BankofAmPfd2 23.95 17.00 19.04 -4.60 -19.5 EntergyNOLA Bds 25.37 21.40 22.06 -3.28 -12.9 KimcoRealtyPfdL 25.63 18.82 19.82 -5.72 -22.4 VirtusCvIIPfdA 26.39 20.76 20.82 -5.51 -20.9
BankofAmPfd4 25.85 18.45 19.04 -6.53 -25.5 EntergyTX PfdA 26.43 22.64 22.74 -3.64 -13.8 RBCBearingsPfdA 127.19 81.01 102.58 -2.28 -2.2 VornadoPfdN 26.49 14.88 16.24 -10.25 -38.7
28.77 22.39 23.79 -4.97 -17.3
BankofAmPfdL
BankofAmNt66
25.35 18.18 18.88 -6.48
27.06 24.62 24.86 -1.89
-25.6
-7.1
EntFinlSvsPfdA
EquitablePfdA
25.70 16.70 16.95 -9.05
26.55 18.12 18.81 -7.69
-34.8
-29.0
L RLJLodgingPfdA
RPTRealtyPfdD 60.33 43.25 49.98 -8.93 -15.2
VornadoPfdL
VornadoPfdO
25.32
24.65
15.53
12.98
16.17
13.60
-9.03
-11.10
-35.8
-44.9
BankHawaiiPfdA 26.04 16.56 17.41 -8.70 -33.3 EquitablePfdC 25.23 15.76 17.69 -7.56 -29.9 RamacoNts2026 27.86 25.02 26.28 -1.24 -4.5 VornadoPfdM 25.77 15.12 16.06 -9.50 -37.2
LXP Ind Pfd C 62.25 46.19 47.50 -14.75 -23.7
BectonDicknsnPfB 55.94 45.85 50.08 -2.67 -5.1 EquityCommonPfdD 30.44 24.50 25.05 -4.65 -15.6 RaymondJamesPfdB 26.78 22.60 24.90 -1.75 -6.6 VoyaFinlPfdB 29.59 20.30 21.79 -7.74 -26.2
CBTCS 04-6 32.70 24.00 25.80 -4.25 -14.1 26.96 23.83 25.20 -0.94 -3.6
n BitNilePfdD 23.90 12.50 14.00 ... ... EsportsEntPfdA 10.00 1.64 2.59 -6.41 -71.2 29.33 21.53 23.07 -6.08 -20.9
RaymondJamesPfdA
W
LibertyBroadPfdA 26.05 21.85 23.07 -2.85 -11.0
BostonSciPfdA 122.80 97.37 114.82 0.16 0.1 n ExelaTechPfdB 12.50 1.57 2.92 ... ... ReadyCapNts2026
LifeMD PfdA 19.97 12.60 14.00 -4.69 -25.1 26.01 22.20 23.36 -2.47 -9.6
BraemarHtlsPfd 20.99 13.46 15.59 -5.21 -25.0 ReadyCapNts2026
30.15 24.90 27.27 ... ...
BraemarHtlsPfdD 26.25 22.81 24.25
BridgewaterPfdA 26.68 18.50 20.50 -6.00
-1.61 -6.2
-22.6
F n LincolnNatlPfdD
LumentFinPfdA 26.44 18.70 19.75 -6.62 -25.1
ReadyCapPfdC
ReadyCapPfdE
25.20
25.00
17.40 17.82
17.20 18.02
-7.38
-6.71
-29.3
-27.2
BerkleyDeb60
BerkleyDeb59
26.45 16.01 18.52 -7.97
27.30 18.77 20.28 -6.96
-30.1
-25.6
BrighthouseDeb58 26.97 21.01 25.17 -1.83 -6.8 27.15 23.88 25.04 -1.85 -6.9
M
FatBrandsPfdB 22.12 11.50 15.71 -2.78 -15.0 ReadyCapNts2023 BerkleyDeb58 26.86 21.32 22.20 -4.50 -16.9
BrighthousePfdB 27.65 22.20 23.02 -4.60 -16.7 FG Fin Pfd A 24.99 14.00 20.10 -4.30 -17.6 RegionalHlthPfdA 6.00 1.40 3.50 -1.10 -23.9 BerkleyDeb61 25.65 15.75 17.73 -7.79 -30.5
BrighthousePfdD 25.47 14.81 15.20 -10.29 -40.4 FNB PfdE 27.77 23.70 25.50 -1.85 -6.8 RegionsFinPfdC 29.04 20.39 22.78 -6.12 -21.2 WashFedPfdA 26.26 16.22 17.65 -8.56 -32.7
BrighthousePfdA 27.03 22.00 22.00 -4.79 -17.9 M&T Bank Pfd H 28.46 21.70 23.40 -4.45 -16.0 25.34 17.12 17.44 -7.96 -31.3
FTAIAviationPfdA 26.31 17.99 22.50 -3.42 -13.2 RegionsFinPfdE n WebsterPfdG 26.48 22.07 24.15 ... ...
BrighthouseFinlPfC 26.30 17.37 17.41 -8.98 -34.0 MFA FinPfdB 25.43 16.77 17.90 -7.25 -28.8 29.12 23.75 23.99 -4.92 -17.0
FTAIAviationPfdB 25.66 17.13 19.15 -6.05 -24.0 RegionsFinPfdB WebsterPfdF 26.06 18.62 18.93 -6.98 -26.9
BrookfieldBRP Nts 24.57 13.34 13.87 -10.62 -43.4 MFA FinPfdC 23.72 15.80 17.60 -6.04 -25.5 29.35 22.67 23.12 -6.20 -21.1
FTAIAviationPfdC 27.65 17.48 19.50 -7.27 -27.2 ReinsuranceGrpDeb WellsFargoPfdAZ 25.96 17.20 18.32 -7.54 -29.2
n-

BrookfldBRP4.875Nt 27.01 13.77 14.39 -11.86 -45.2 MindTechPfdA 19.84 5.15 6.17 -11.84 -65.7 n ReinsuranceGrpDeb 26.93 24.90 25.95 ... ... WellsFargoPfdAA 25.86 17.41 18.39 -7.41 -28.7
FedAgriMtgPfdG 25.95 17.01 17.94 -7.84 -30.4
BrookfieldDTLAPf 13.70 3.54 3.70 -9.50 -72.0 MaidenNts46 21.75 14.26 17.40 -4.15 -19.3 26.76 20.52 21.66 -4.73 -17.9 WellsFargoPfdACC 25.40 16.12 17.03 -8.27 -32.7
FedAgriMtgPfdD 27.40 20.18 21.00 -6.07 -22.4 RenaissancePfdF
BrookfieldFinNts 24.62 14.50 14.89 -9.68 -39.4 FedAgriMtgPfdE 26.77 20.23 21.57 -5.12 -19.2 MaidenNts43 23.05 16.25 18.66 -4.34 -18.9 RenaissancePfdG 25.15 15.95 16.23 -8.94 -35.5 WellsFargoPfdADD 24.94 15.76 16.47 -8.45 -33.9
BrookfieldFinNts 25.24 15.11 15.20 -9.96 -39.6 FedAgriMtgPfdC 34.62 24.01 29.50 1.14 4.0 n mCloudTechPfdA ... ... 25.50 ... ... RexfordIndPfdC 26.55 19.59 21.28 -4.90 -18.7 WellsFargoPfdAY 25.70 21.02 21.79 -3.85 -15.0
BrookfieldNts2081 25.18 14.93 15.39 -9.76 -38.8 FedAgriMtgPfdF 26.60 18.18 19.10 -7.11 -27.1 MedalistDivPfdA 24.57 19.00 23.38 1.40 6.4 RexfordIndPfdB 26.02 20.61 22.21 -3.79 -14.6 WellsFargoPfdQ 26.86 22.22 23.01 -3.78 -14.1
BrookfldInfrPfdA14 25.42 14.70 15.39 -9.94 -39.2 FedRealtyInvPfdC 25.92 19.10 20.18 -5.27 -20.7 MedallionBkPfdF 28.80 23.00 24.51 0.96 4.1 RithmCapPfdD 25.57 16.69 18.06 -7.58 -29.6 WellsFargoPfdA 27.97 24.54 24.73 -3.11 -11.2
no

BrookfldInfrPfdA13 25.31 15.17 16.05 -9.26 -36.6 FifthThirdPfdK 26.68 18.51 19.88 -6.55 -24.8 n MerchantsBncpPfdD 28.05 24.63 27.69 ... ... RithmCapPfdB 25.48 16.77 19.23 -6.16 -24.3 WellsFargoPfdL 1498.00 1130.00 1185.00 -305.53 -20.5
BPP 5.75%Pfd3A 23.77 13.10 13.53 -10.03 -42.6 FifthThirdPfdB 28.70 23.01 25.35 -2.86 -10.1 MerchantsBncpPfdA 28.14 22.35 24.19 -3.63 -13.0 RithmCapPfdA 26.05 17.25 19.65 -6.36 -24.5 WesBancoPfdA 28.97 24.50 25.12 -3.90 -13.4
BrookfieldPropPfd 25.55 14.70 15.83 -9.61 -37.8 FifthThirdPfdB 26.41 21.23 22.39 -3.83 -14.6 MerchantsBncpPfdC 26.39 19.15 19.22 -7.03 -26.8 RithmCapPfdC 23.40 15.26 17.20 -5.96 -25.7 WescoPfdA 30.78 26.03 26.22 -4.43 -14.5
BrookfieldPropPf2A 25.66 14.31 15.21 -10.45 -40.7 FifthThirdPfdI 28.28 24.06 24.52 -3.32 -11.9 MerchantsBncpPfdB 26.30 19.66 20.33 -5.76 -22.1 RiverNorthCapPfd 25.85 24.51 25.07 -0.92 -3.5 WesternAlliancePfd 26.31 19.49 20.16 -6.04 -23.1
BrookfdRenewPfdA17 26.49 15.67 18.84 -7.60 -28.7 n FirstCitizenPfdC 27.85 19.93 20.35 ... ... IndxPlus 03-1 30.23 23.26 24.35 -5.90 -19.5 RiverNorthPfdA 24.75 16.65 18.02 -6.64 -26.9 WheelerReitNts 40.00 27.50 31.00 2.51 8.8
BrunswickNts2049 27.74 21.53 25.65 -1.82 -6.6 FirstCitizensPfdA 26.36 19.06 19.48 -6.67 -25.5 MetLifePfdE 26.76 22.64 23.02 -3.38 -12.8 RiverNorthPfdB 25.35 17.65 18.63 -6.67 -26.4 WheelerREITPfdB 7.88 1.26 1.52 -5.21 -77.4
BrunswickNts2048 27.38 22.79 24.10 -2.89 -10.7 FirstEagleNts26 25.99 21.87 23.06 -2.49 -9.7 MetLifePfdF 26.69 19.00 19.55 -7.13 -26.7 n RivernorthPfdA 25.20 21.61 22.55 ... ... WheelerREITPfdD 15.55 10.01 12.84 -2.37 -15.6
BrunswickNts2049 29.86 23.45 25.10 -2.30 -8.4 FirstGuarantyPfdA 29.00 23.55 24.02 -2.88 -10.7 Metlife pfA 25.50 19.83 21.72 -3.87 -15.1 RoyalBkCanadaPf 28.17 24.87 25.95 -1.30 -4.8 WillametteVallPfA 6.97 4.05 5.65 -1.33 -19.1
FirstHorizonPfdB 28.16 23.29 24.99 -2.91 -10.4 MidAmerAptPfdI 63.24 53.00 53.50 -9.54 -15.1 n RunwayGrowthNts 25.18 24.65 25.03 ... ... WintrustFinPfdE 28.33 24.16 26.05 -1.26 -4.6
C FirstHorizonPfdC 27.98 23.83 25.13 -2.85 -10.2 n MidlandStBncpPfA 26.75 24.45 25.97 ... ... WintrustFinPfd 27.75 23.26 23.79 -3.60 -13.2
FirstHorizonPfdD 27.18 22.06 24.49 -2.45 -9.1 ModivPfdA 26.25 19.37 20.30 -5.66 -21.8 S
CHS PfdB
CHS Pfd
28.42
32.90
25.11
27.05
25.58
28.05
-2.87
-2.85
-10.1
-9.2
FirstHorizonPfdE 27.61 23.05 24.35 -3.24
FirstHorizonPfdF 25.55 17.70 20.15 -5.13
-11.7
-20.3
n MorganStanleyPfdP
MorganStanleyPfdO
26.65
25.18
24.39
16.21
25.25
17.18 -8.05
... ...
-31.9 SCE III Pfd 25.47 18.18 18.54 -6.94 -27.2
XYZ
CHS PfdB2 27.73 23.80 24.33 -3.15 -11.5 FirstInternetNt29 26.60 21.99 22.00 -4.12 -15.8 MorganStanleyPfdL 26.51 19.13 19.74 -6.71 -25.4 SCE II Pfd 25.23 17.00 17.81 -7.37 -29.3 XAIOctagonPfd 26.30 24.52 25.20 -0.93 -3.6
CHS PfdB4 28.76 24.76 25.97 -2.51 -8.8 FirstMerchDep 27.77 23.22 25.49 -2.00 -7.3 MorganStanleyPfdK 29.17 22.56 23.01 -6.08 -20.9 SCE IV Pfd 25.22 17.46 18.10 -6.96 -27.8 XomaPfdA 27.09 22.14 24.80 -1.50 -5.7
CHS PfdB3 27.99 23.14 24.03 -3.71 -13.4 FirstRepBkPfdK 25.26 15.24 16.00 -9.31 -36.8 MorganStanleyPfd1 28.22 24.00 24.26 -3.94 -14.0 SCE V Pfd 25.69 18.70 19.44 -5.69 -22.6 XomaPfdB 26.81 21.75 24.45 -1.69 -6.5
CMSEnerDeb78 26.35 21.37 21.77 -4.66 -17.6 FirstRepBkPfdL 25.70 15.69 16.43 -9.27 -36.1 MorganStanleyPfdE 27.85 24.90 25.15 -2.50 -9.0 SCE VI Pfd L 25.15 16.75 17.41 -7.81 -31.0 ZionsBancorpNts 27.21 25.03 25.49 -1.65 -6.1
CMSEnerNts2078 26.75 21.34 22.18 -4.57 -17.1 FirstRepBkPfdI 26.98 20.81 21.20 -5.77 -21.4 MorganStanleyPfdF 27.84 23.71 24.98 -2.73 -9.9 SITECtrsPfdA 25.98 19.49 22.20 -3.53 -13.7 ZionsBncpPfdG 26.68 24.84 25.37 -1.19 -4.5
CMSEnerNts2079 27.00 21.33 22.40 -4.50 -16.7 FirstRepBkPfd 26.91 17.23 18.55 -8.34 -31.0 MorganStanleyPfdA 25.50 18.21 18.94 -6.16 -24.5 SLGreenRealtyPfd 26.35 18.67 20.22 -6.16 -23.4 ZionsBncpPfdA 25.42 17.01 17.82 -7.33 -29.1

JOURNAL REPORT | EXCHANGE-TRADED PORTFOLIOS 2022 TRADING SUMMARY

Net Pct Net Pct Net Pct Net Pct Net Pct
Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg Stock SymPE Hi Lo Last Chg Chg

VangdRuss1000 VONE 220.90 158.95 174.26 -44.59 -20.4 VicShEMValMom UEVM 49.95 35.12 39.89 -8.44 -17.5 n WahedDJIslamic UMMA 25.65 16.10 19.39 ... ... WisdTrGlbHiDiv DEW 52.09 40.57 46.80 -3.23 -6.5 WisdTrYdUSAggBd AGGY 51.51 40.84 42.65 -9.03 -17.5
VangdRuss1000Grw VONG 79.29 51.98 55.12 -23.42 -29.8 VicShIntlHiDivVol CID 34.07 24.25 29.30 -3.11 -9.6 WahedFTSEUSAShar HLAL 43.80 32.55 35.21 -7.98 -18.5 WisdTrGrwLdrs PLAT 44.24 23.88 24.84 -19.09 -43.5 XtrkBBUSIGCpESG ESCR 21.73 17.02 17.91 -4.00 -18.3
VangdRuss1000Val VONV 75.19 58.83 66.58 -7.16 -9.7 VicShIntlValMom UIVM 50.69 35.07 41.43 -7.81 -15.9 WealthDBSLTGrw WLTG 26.01 19.44 19.91 -5.94 -23.0 WisdTrIndiaEarn EPI 39.00 29.17 32.59 -3.89 -10.7 XtrkEMCarbonRed EMCR 33.77 22.65 25.56 -6.84 -21.1
VangdRuss3000 VTHR 218.11 157.03 171.75 -43.97 -20.4 VicShIntlVolWtd CIL 45.65 31.29 36.96 -8.08 -17.9 WedbushGlbCld IVES 48.39 26.17 29.54 -18.81 -38.9 WisdTrIndiaxSOE IXSE 37.67 29.68 31.64 -3.95 -11.1 XtrkFTSEDevxUS DEEF 32.08 20.59 25.42 -6.21 -19.6
VangdRuss2000 VTWO 91.59 65.63 70.37 -19.44 -21.6 VicShNasdNext50 QQQN 34.05 21.56 24.03 -10.20 -29.8 WedbushVideoGm GAMR 89.04 47.44 55.39 -32.48 -37.0 WisdTrIntRtHYBd HYZD 22.32 19.57 20.67 -1.60 -7.2 XtrksHarvCSI300 ASHR 39.11 24.20 28.02 -11.07 -28.3
VangdRuss2000Grw VTWG 216.89 140.37 155.71 -57.61 -27.0 VicShTHBMCESG MDCP 26.62 19.79 21.88 -5.26 -19.4 WstAstShrtDur WINC 25.89 22.78 23.43 -2.46 -9.5 WisdTrIntUSAgg AGZD 46.88 43.24 43.45 -3.23 -6.9 XtrksHarvCSI500 ASHS 41.38 28.45 30.44 -10.78 -26.1
VangdRuss2000Val VTWV 149.02 112.44 121.77 -23.53 -16.2 VicShUSAACrIntBd UITB 52.83 43.92 45.49 -7.51 -14.2 WstAstTR WBND 26.15 18.64 20.11 -6.12 -23.3 WTIntlAIEnhVal AIVI 43.52 30.05 36.12 -5.73 -13.7 XtrksHiBetHYBd HYUP 47.64 37.34 38.61 -9.02 -18.9
VangdS&P500ETF VOO 441.26 319.87 351.34 -85.23 -19.5 VicSh USAAShtBd USTB 51.34 48.03 48.64 -2.69 -5.2 WisdTrAltIncm HYIN 25.30 16.19 17.50 -7.08 -28.8 WisdTrIntlESGFd RESD 31.57 21.50 25.29 -6.04 -19.3 XtrkIntlRealEst HAUZ 28.17 18.50 21.35 -6.65 -23.7
VangdS&P500 Grw VOOG 304.64 199.36 210.94 -90.80 -30.1 VicShUSDiscEnhVol CSF 65.79 53.58 54.70 -9.49 -14.8 WTAI&InnovFd WTAI 25.00 13.49 14.17 -10.43 -42.4 WT IntlEffCore NTSI 40.88 26.48 31.73 -8.65 -21.4 XtrkJPMEMSvn ESEB 20.99 14.95 16.41 -4.68 -22.2
VangdS&P500Val VOOV 155.00 123.18 140.06 -11.35 -7.5 VicShUSEQIncmEnh CDC 74.46 59.18 62.07 -7.53 -10.8 WisdTrYdEnhUSST SHAG 50.44 45.79 46.66 -3.85 -7.6 WisdTrIntlEquity DWM 55.93 39.30 47.04 -7.04 -13.0 XtrkJPMESGUSDHY ESHY 21.83 17.00 17.73 -3.30 -15.7
VangdS&PMC400 IVOO 193.81 147.86 163.57 -27.93 -14.6 VicShUS500EnhVol CFO 78.08 61.66 64.01 -13.71 -17.6 n WT BatteryVal WBAT 41.75 30.56 32.10 ... ... WisdTrIntlHdgQual IHDG 46.19 35.29 35.63 -10.12 -22.1 XtrrsLowBetHYBd HYDW 50.52 42.72 44.49 -6.08 -12.0
VangdS&P400Grwth IVOG 212.51 152.79 169.32 -42.14 -19.9 VicShUS500Vol CFA 78.02 60.45 67.74 -9.93 -12.8 WTBioRevFd WDNA 23.77 15.94 17.36 -6.28 -26.6 WisdTrIntlHiDiv DTH 41.54 29.56 35.87 -2.84 -7.3 XtrksMSCIAllChina CN 39.25 23.29 28.85 -9.71 -25.2
VangdS&P400Val IVOV 173.20 138.76 153.42 -15.22 -9.0 VicShUSLCHiDivVol CDL 65.27 52.13 58.89 -2.23 -3.7 WisdTrUSDBull USDU 30.33 25.80 26.05 -0.01 -0.0 WisdTrIntlLC Div DOL 51.41 36.71 44.01 -5.40 -10.9 XtrksMSCIAWxUS HDAW 26.66 18.52 22.08 -3.06 -12.2
VangdS&P600 VIOO 215.00 160.01 173.31 -36.82 -17.5 VicShUSMultMin VSMV 42.61 34.52 38.16 -3.94 -9.4 WisdTrChinaxSOE CXSE 50.97 26.31 34.74 -15.10 -30.3 WisdTrIntlMC Div DIM 69.12 46.12 55.48 -11.73 -17.5 XtrksMSCIAWxUS DBAW 34.17 26.87 26.93 -6.75 -20.0
VangdS&P600Grwth VIOG 242.62 173.28 186.39 -52.77 -22.1 VicShUSSCHiDiv CSB 63.19 46.33 51.58 -9.88 -16.1 WisdTrChineseYuan CYB 27.30 23.61 25.02 -1.68 -6.3 WisdTrIntlMult DWMF 26.73 21.59 23.78 -2.78 -10.5 XtrkMChinaAIncl ASHX 30.12 19.29 21.81 -8.36 -27.7
VangdS&P600Val VIOV 186.70 142.14 157.05 -23.45 -13.0 VicShUSSCVolWtd CSA 70.35 53.29 58.00 -10.85 -15.8 WisdTrCloud WCLD 52.20 22.79 25.08 -26.78 -51.6 WisdTrIntlQualDiv IQDG 40.50 25.46 30.61 -9.28 -23.3 XtrkESGLeaders EASG 31.89 21.25 25.49 -5.98 -19.0
VangdST Bond BSV 80.73 74.03 75.28 -5.55 -6.9 VicShUSSmcVal USVM 75.01 56.90 63.00 -10.62 -14.4 WT CybersFd WCBR 26.17 14.43 15.23 -11.01 -42.0 WisdTrIntlSC DLS 74.72 50.03 57.96 -15.69 -21.3 XtrksMSCIHiDiv HDEF 24.97 17.85 21.81 -1.84 -7.8
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VangdShortTrea VGSH 60.79 57.34 57.82 -3.01 -4.9
VidentUSBdStrat VBND 50.73 41.12 42.63 -8.27 -16.2
n WT EffGoldPlus GDE 27.81 18.45 20.98 ... ...
WisdTrJapanSC DFJ 72.63 55.02 63.16 -8.18 -11.5
XtrksMSCIEM DBEM 27.39 19.82 21.42 -5.06 -19.1
VangdSC VB 229.60 168.65 183.54 -42.47 -18.8 WTEffGoldPlusMiner GDMN 36.56 16.55 22.96 -4.39 -16.0 XtrksMSCIEurope DBEU 37.05 29.61 33.41 -2.97 -8.2
VidentCoreUSEquity VUSE 47.88 37.03 41.59 -5.05 -10.8 WisdTrMgdFut WTMF 38.11 31.11 31.54 -3.90 -11.0
VangdTaxExemptBd VTEB 54.94 47.38 49.49 -5.42 -9.9 WisdTrEmgCurr CEW 17.77 15.78 16.84 -0.42 -2.4 XtrksMSCIEurozone DBEZ 40.58 30.40 35.14 -4.67 -11.7
VidentIntlEquityFd VIDI 27.52 18.99 21.61 -4.92 -18.5 WisdTrMtgPlBdFd MTGP 50.39 42.05 43.53 -6.72 -13.4
VangdTotalBd BND 84.44 69.09 71.84 -12.91 -15.2 WisdTrEM CpBd EMCB 74.13 57.50 61.89 -12.11 -16.4 XtrksMSCIGermany DBGR 33.30 23.20 27.06 -5.37 -16.6
VangdTotalCpBd VTC 90.31 70.09 74.23 -16.46 -18.1
ViridiBitcoin RIGZ 30.17 3.66 3.74 -25.10 -87.0
WT EM ESG Fd RESE 36.41 23.91 27.23 -8.05 -22.8
WT NewEconRlEst WTRE 24.49 14.53 16.41 -7.97 -32.7
XtrksMSCIJapan DBJP 52.48 43.99 48.05 -2.51 -5.0
VangdTotIntlBd BNDX 55.08 46.87 47.43 -7.73 -14.0 VirtusDuffClnEn VCLN 26.06 18.80 22.31 -2.08 -8.5 WT EM EffCore NTSE 38.45 22.79 26.54 -10.64 -28.6 WT PwStrategy PUTW 35.99 29.31 30.03 -4.48 -13.0 XtrkMSCIKokusai KOKU 87.79 63.88 70.12 -16.89 -19.4
VangdTotIntlStk VXUS 64.83 44.42 51.72 -11.85 -18.6 VirtusInfrUSPfd PFFA 25.18 17.93 18.14 -6.98 -27.8 n WTEMxChinaFd XC 26.43 22.87 24.75 ... ... WTTargetRngFd GTR 26.37 20.94 21.03 -5.07 -19.4 XtrkUSAESGLdrs USSG 44.70 31.56 34.85 -9.53 -21.5
VangdTotalStk VTI 244.06 174.84 191.19 -50.25 -20.8 VirtusLifeSciBio BBC 39.86 17.77 24.99 -13.54 -35.1 WisdTrEMxSOE XSOE 38.11 23.43 26.68 -10.17 -27.6 WTUSAIEnhVal AIVL 103.13 81.57 91.80 -9.32 -9.2 XtrksMuniInfra RVNU 29.30 22.06 23.76 -5.50 -18.8
VangdTotWorldBd BNDW 78.27 65.26 67.05 -11.41 -14.5 VirtusLifeSciBio BBP 51.42 34.12 49.28 0.42 0.9 WisdTrEM HiDiv DEM 47.66 31.80 35.64 -7.68 -17.7 WisdTrUSEff NTSX 44.54 29.60 32.45 -11.88 -26.8 n XtrkNzPathPAUS USNZ 27.54 22.74 24.45 ... ...
VangdTotWrldStk VT 108.58 76.80 86.19 -21.24 -19.8 VirtusNewABS VABS 24.69 22.75 22.89 -1.86 -7.5 WisdTrEMLocDebt ELD 30.34 23.79 25.83 -4.14 -13.8 WT US Growth WGRO 27.01 17.30 19.94 -7.40 -27.1 n XtrkRiskMgdUSD HYRM 24.95 21.32 21.93 ... ...
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VangdUSMom VFMO 135.02 102.91 114.06 -19.09 -14.3 VirtusNewMultiBd NFLT 25.09 21.15 21.84 -3.28 -13.1 WisdTrEMQualDivGrw DGRE 28.83 18.61 21.25 -7.13 -25.1 WisdTrUSLCDivFd DLN 67.44 54.81 61.95 -4.09 -6.2 XtrkRussUSMulti DEUS 48.52 37.69 42.17 -6.15 -12.7
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VicShESGCpBd UCRD 24.41 19.04 20.16 -4.81 -19.3 WBIPwrFactorHiDiv WBIY 30.57 23.35 26.62 -1.35 -4.8 WisdTrGlbxUSQual DNL 43.77 26.64 32.23 -11.35 -26.0 WisdTrUSValue WTV 64.78 50.75 57.02 -6.35 -10.0 ZacksEarnCons ZECP 26.93 20.96 23.11 -3.82 -14.2
 For personal, non-commercial use only. Do not edit, alter or reproduce. For commercial reproduction or distribution, contact Dow Jones Reprints & Licensing at (800) 843-0008 or www.djreprints.com.
R14 | Tuesday, January 3, 2023
JOURNAL REPORT | YEAR-END REVIEW & OUTLOOK OF MARKETS & FINANCE
Gold’s Prospects
Hinge On Fed Moves
Precious metal fell for
second straight year;
bullish bets expect a
less-hawkish central bank
BY HARDIKA SINGH
Gold prices finished 2022 flat, a
surprising performance given per-
sistently high inflation. Wall Street
doesn’t expect the doldrums to last.
A late-year rally put the most ac-
tively traded gold futures contract
down 0.1% in 2022, at $1,826.20 a
troy ounce, according to Dow Jones
Market Data. That marks two
straight years of declines for the
first time since 2015.
Investors prize gold for its stabil-
ity, expecting it to hold value when
other assets struggle. But persistent
inflation, higher interest rates and
economic worries in the U.S. and
abroad have rattled stocks, bonds
and precious metals alike. Gold has
disappointed those who expected it
to thrive in an environment of
higher consumer prices.
Still, gold has outperformed many
other assets. The benchmark S&P
500 has tumbled into a bear market,
notching its worst annual perfor-
mance since 2008. A basket of U.S.
Treasurys, highly rated corporate
bonds and mortgage-backed securi-
ties was on pace to fall more than
12%, its worst year on record based
on data going back to 1975.
Several factors weighed on gold
in 2022. Higher interest rates in-
crease the income offered for hold-
ing ultrasafe U.S. government bonds
and boost real yields—the yields on
Treasury bonds after stripping out
expected inflation—while gold
doesn’t pay anything. Higher inter-
est rates powered a rally in the U.S.
dollar to a two-decade high, making
the purchase of gold more expensive
for foreign investors.
Some analysts and investors be-
“Alexa, enable WSJ Headlines”
no
© 2023 Dow Jones & Co., Inc. All rights reserved. 6DJ9227
lieve gold will climb again in 2023,
figuring that they have seen the
worst of higher consumer prices and
that yields and the dollar will also re-
treat, which would help gold prices.
Recent signs of easing inflation
have spurred bets that the Federal
Reserve will raise rates in smaller
increments in 2023. The S&P 500
and the Dow Jones Industrial Aver-
age have rebounded from their 2022
lows, while bond prices, which rise
when yields fall, have jumped.
Hedge funds and other specula-
tive investors have lately piled into
gold after pulling out for most of
2022, pushing bullish wagers on the
metal during the week ended Dec. 13
to the highest level since June, ac-
cording to Commodity Futures Trad-
ing Commission data tracking fu-
tures and options.
Bank of America analysts say gold
could top $2,000 an ounce in 2023,
which would be near records. Ele-
vated risks of a global recession
Weekly bullish bets on gold
by speculative investors*
225,000 contracts
200,000
175,000
150,000
125,000
on
us ,
100,000
l
e
75,000
al a
50,000
ci on
25,000
0 –50
er s
Jan. 2022 Dec.
*As of Dec. 13
m er
m rp
co Fo
n-
could boost inflows into gold funds,
Citigroup analysts wrote, with prices
potentially breaking out by mid-2023
to average more than $1,900.
“The Fed’s almost done raising
interest rates, I believe, and the ben-
efit from that will help gold and sil-
ver,” said Peter Boockvar, chief in-
vestment officer at Bleakley invests in gold through primarily fu-
Financial Group. tures, said he has increased his
Gold prices approached record fund’s gold allocation slightly, though
highs early in 2022, boosted by geo- it remains below historical levels.
political tensions from Russia’s inva- Gold’s rut has left shares of pro-
sion of Ukraine. Prices slumped dur- ducers drooping, with the VanEck
ing the summer and fall, but have Gold Miners exchange-traded fund
recovered some in recent weeks and slumping about 10% in 2022. Can-
moved back toward record highs, ada-listed shares of Barrick Gold
which were reached during the height Corp. were down 3.5% for the year,
of the pandemic in summer 2020. while Colorado-based Newmont
“After the end of the third quar- Corp. dropped 24%.
ter, as the dollar peaked in strength, That has left them relatively
gold started to catch a bid,” said Ter- cheap historically, while paying hefty
ence Brennan, portfolio manager and dividends, said Caesar Bryan, who
analyst on Lazard Asset Manage- manages the Gabelli Gold Fund. Bar-
ment’s commodities and sustainable- rick recently offered a 2.5% dividend
agriculture teams. Mr. Brennan, who yield, and Newmont recently paid
Share-price and Gold futures price,
index performance most-active contract
40% $2,050 a troy ounce
30 Barrick 2,000
S&P 500
20 1,950
Newmont
10
0
1,900
1,850
–10 1,800
–20 1,750
–30 1,700
–40 1,650
1,600
Jan. 2022 Dec. Jan. 2022
Sources: Commodity Futures Trading Commission (bets); FactSet
A New Way
to Hear WSJ’s
Top Headlines
This holiday season, set up your Alexa smart speaker
with convenient access to important news using the
WSJ Headlines skill. This new feature allows you to
hear WSJ’s top headlines and quickly add them to
a custom reading list you can access later.
Just say “Alexa, enable WSJ Headlines,”
or scan the QR code to get started.
SCAN TO SET UP
THE WALL STREET JOURNAL.
ILLUSTRATION BY THE WALL STREET JOURNAL; PHOTO: ARISTOTOO
4.5%, compared with the 1.7% offered
by the S&P 500 earlier in December.
Mr. Bryan said he is looking to add
to his gold equities holdings in 2023.
Another reason to be bullish, ac-
cording to Joe Cavatoni, chief market
strategist for North America at
World Gold Council, is that global
central banks in 2022 took advantage
of lower prices to diversify their for-
eign-exchange reserves, purchasing
gold at a record pace in the third
quarter. China’s central bank recently
said it added to its gold holdings in
November, the first monthly increase
since September 2019.
Other precious metals rose in
2022. The front-month futures con-
tract for silver, considered both a
precious and industrial metal,
climbed 2.3% in 2022. Platinum,
used in jewelry and catalytic con-
verters, climbed 11%.
The front-month gold futures
.
contract lost 0.4% in 2022, to
ly
$1,819.70.
Not all investors are convinced the
Fed will dial back the pace of rate in-
creases in 2023. Mr. Boockvar said
that while inflation is falling, it could
stay above its pre-Covid levels, which
could complicate the Fed’s outlook.
Recent policy moves from the Bank of
Japan and the European Central Bank
have fueled investor concerns about
the end of the yearslong era of easy
money everywhere.
Kathy Kriskey, commodity strate-
gist at Invesco, recommends investors
don’t add to their gold holdings be-
cause of the murky outlook for 2023.
The “knee-jerk reaction is, ‘Oh, infla-
Dec.
tion? I got to use gold,’ ” she said. “No,
gold is not a good inflation hedge.”