Medalist Exchange-Traded Funds Specialty International Equity Annualized Total Return % Name Morningstar Category Morningstar Analyst Rating Morningstar Fee Level Morningstar Rating 1Yr 3Yr 5Yr Assets $Bil Vanguard Intl Div Apprec VIGI Foreign Large Growth ´ Low QQQ 2.18 8.07 - 1.27 Invesco FTSE RAFI Dev Mkts ex-US PXF Foreign Large Value ´ Low QQQ -5.84 7.91 1.47 1.49 Schwab Fundamental Intl Lg Co FNDF Foreign Large Value ´ Low QQQQ -4.30 8.00 1.87 4.18 Vanguard Intl Hi Div Yld Idx VYMI Foreign Large Value ´ Low QQQQ -4.10 7.67 - 1.21 Schwab International Small-Cap Eq ™ SCHC Foreign Small/Mid Blend ´ Low QQ -8.95 6.05 1.94 2.10 Vanguard FTSE All-Wld ex-US SmCp VSS Foreign Small/Mid Blend ´ Low QQQ -9.79 6.66 2.22 6.48 iShares Edge MSCI Min Vol Global ACWV World Large Stock * Low QQQQ 9.39 9.24 9.26 4.25 iShares MSCI ACWI ACWI World Large Stock ´ Low QQQ 3.00 10.97 6.74 10.44 Vanguard Total World Stock VT World Large Stock * Low QQQ 2.05 10.92 6.65 17.57 SPDR® Dow Jones Global Real Estate RWO Global Real Estate ´ Low QQQ 12.47 4.35 6.34 2.31 Vanguard Global ex-US Real Est VNQI Global Real Estate ´ Low QQQ 2.21 8.18 6.11 6.64 Vanguard Real Estate VNQ Real Estate * Low QQQQ 20.06 5.74 8.79 63.76 Data as of 03/31/2019. Analyst Ratings are subjective in nature and should not be used as the sole basis for investment decisions. Analyst Ratings are based on Morningstar analysts' current expectations about future events and therefore involve unknown risks and uncertainties that may cause Morningstar's expectations not to occur or to differ significantly from what was expected. Morningstar does not represent its Analyst Ratings to be guarantees nor should they be viewed as an assessment of a fund's or the fund's underlying securities' creditworthiness. global.morningstar.com/Morningstarmagazine 31http://global.morningstar.com/Morningstarmagazine