Medalist Exchange-Traded Funds Fixed Income Annualized Total Return % Name Morningstar Category Morningstar Analyst Rating Morningstar Fee Level Morningstar Rating iShares 10+ Year Credit Bond CLY Corporate Bond ´ Low iShares iBoxx $ Invmt Grade Corp Bd LQD Corporate Bond ´ iShares Intermediate Credit Bond CIU Corporate Bond iShares US Credit Bond CRED Assets $Bil 1Yr 3Yr 5Yr QQQQ 2.73 4.89 5.01 0.8 Low QQQ 1.65 3.69 4.11 36.0 ´ Low QQ 1.16 2.35 2.74 7.2 Corporate Bond ´ Low QQQ 1.66 3.22 3.47 1.5 Vanguard Interm-Term Corp Bd VCIT Corporate Bond „ Low QQQ 1.47 3.72 4.15 15.2 Vanguard Long-Term Corp Bd VCLT Corporate Bond „ Low QQQQ 3.48 5.56 5.67 2.0 FlexShares iBoxx 3Yr Target Dur TIPS TDTT Inflation-Protected Bond ´ Low QQQQ 0.11 -0.16 0.14 2.0 iShares TIPS Bond TIP Inflation-Protected Bond „ Low QQQQ -0.71 0.50 0.15 23.0 PIMCO 1-5 Year US TIPS STPZ Inflation-Protected Bond ´ Low QQQQ 0.00 -0.19 0.11 1.1 Schwab US TIPS™ SCHP Inflation-Protected Bond „ Low QQQQ -0.68 0.56 0.20 2.1 SPDR® Blmbg Barclays TIPS IPE Inflation-Protected Bond „ Low QQQQ -0.82 0.55 0.12 0.9 Vanguard Short-Term Infl-Prot Secs VTIP Inflation-Protected Bond Œ Low QQQ 0.22 -0.07 iShares 3-7 Year Treasury Bond IEI Intermediate Government ´ Low QQQQ -1.67 1.84 1.25 7.3 iShares US Treasury Bond GOVT Intermediate Government ´ Low QQQ -2.41 1.93 1.19 4.6 Vanguard Mortgage-Backed Secs VMBS Intermediate Government „ Low QQQQQ -0.10 2.02 1.89 4.1 iShares Core Total USD Bond Market IUSB Intermediate-Term Bond „ Low QQQQ 0.74 2.73 iShares Core US Aggregate Bond AGG Intermediate-Term Bond „ Low QQQ -0.36 2.45 2.16 47.5 iShares Intermediate Govt/Crdt Bd GVI Intermediate-Term Bond ´ Low QQ -0.39 1.72 1.57 1.9 Schwab US Aggregate Bond™ SCHZ Intermediate-Term Bond „ Low QQQ -0.46 2.42 2.12 3.9 SPDR® Blmbg Barclays Aggregate Bond BNDS Intermediate-Term Bond „ Low QQQ -0.40 2.41 2.12 1.1 Vanguard Interm-Term Bond BIV Intermediate-Term Bond „ Low QQQQ -1.01 2.98 2.65 13.7 Vanguard Total Bond Market BND Intermediate-Term Bond „ Low QQQ -0.45 2.44 2.14 34.4 iShares 10-20 Year Treasury Bond TLH Long Government ´ Low QQQ -5.20 3.81 2.07 0.5 iShares 20+ Year Treasury Bond TLT Long Government ´ Low QQQ -7.72 5.83 2.72 7.5 iShares 7-10 Year Treasury Bond IEF Long Government ´ Low QQ -3.94 2.83 1.60 7.6 Vanguard Long-Term Bond BLV Long-Term Bond „ Low QQQ -1.14 5.36 4.24 2.1 iShares National Muni Bond MUB Muni National Interm ´ Low QQQ -1.01 2.90 2.72 8.3 Vanguard Tax-Exempt Bond VTEB Muni National Interm „ Low PowerShares National AMT-Free Muni PZA Muni National Long ´ Low QQQQ -0.63 4.77 3.98 1.5 SPDR® Nuveen Blmbg Barclays Muni TFI Muni National Long ´ Low QQ -1.34 3.32 3.05 2.4 iShares Short-Term National Muni SUB Muni National Short ´ Low QQ 0.19 0.62 0.67 1.5 SPDR® Nuveen Blmbg Barclays ST Muni SHM Muni National Short ´ Low QQQ -0.04 0.84 0.93 3.5 iShares 1-3 Year Treasury Bond SHY Short Government ´ Low QQQ -0.22 0.57 0.51 10.8 iShares Short Treasury Bond SHV Short Government ´ Low QQ 0.35 0.21 0.14 5.1 iShares 1-3 Year Credit Bond CSJ Short-Term Bond ´ Low QQQ 0.84 1.19 1.38 11.9 SPDR® Blmbg Barclays ST Corp Bd SCPB Short-Term Bond ´ Low QQQQ 1.25 1.38 1.65 3.0 3.6 1.0 -0.69 1.3 *Funds closed to new investors may still be accepting money from existing fundholders. global.morningstar.com/Morningstarmagazine 29http://global.morningstar.com/Morningstarmagazine