ETF market
LargestHighest AUM growthHighest returnsBiggest losersEquityBitcoinEthereumGoldFixed incomeReal estateTotal marketCommoditiesAsset allocationInverseLeveragedMost tradedLargest inflowsLargest outflowsHighest discount to NAVHighest premium to NAVHighest yieldDividendMonthly distributionsHighest diversificationActively managedSectorHighest betaLowest betaNegative betaHighest expense ratioAll-time highAll-time low52-week high52-week lowETFs of the USAETFs of CanadaETFs of the United KingdomETFs of GermanyETFs of JapanETFs of AustraliaCreate more lists in Screener
LargestHighest AUM growthHighest returnsBiggest losersEquityBitcoinEthereumGoldFixed incomeReal estateTotal marketCommoditiesAsset allocationInverseLeveragedMost tradedLargest inflowsLargest outflowsHighest discount to NAVHighest premium to NAVHighest yieldDividendMonthly distributionsHighest diversificationActively managedSectorHighest betaLowest betaNegative betaHighest expense ratioAll-time highAll-time low52-week high52-week lowETFs of the USAETFs of CanadaETFs of the United KingdomETFs of GermanyETFs of JapanETFs of Australia
Top ETFs trading at a discount
ETFs may trade at a discount for various reasons, but whatever the cause, it may be a helpful signal for traders. We've listed funds with the highest discount to NAV below. See if funds' stats can justify their current state.
Symbol | Disc/prem to NAV | Price | Chg % | Price × vol | Rel vol | AUM | NAV total return 3Y | Expense ratio | Asset class | Focus |
|---|---|---|---|---|---|---|---|---|---|---|
 520880Hwabao WP Hang Seng Hong Kong Stock Connect Innovative Drugs Select Exchange Traded Fund Units | −100.00% | 0.426 CNY | −0.23% | 17.93 M USD | 0.31 | 292.24 M USD | — | — | Equity | Health care |
 158012China Southern CSI Cloud Computing 50 Index Exchange Traded Fund Units | −100.00% | 0.760 CNY | −2.81% | 118.43 K USD | 0.10 | 0 USD | — | — | Equity | Theme |
 0233J0MiraeAsset TIGER Samsung Electronics SK Hynix US Bond Balanced 50 ETF Units | −100.00% | 8,645 KRW | −4.16% | 568.92 K USD | 0.43 | — | — | 0.15% | Asset allocation | Target outcome |
| 0238P0MiraeAsset TIGER S&P500 and U.S. Short-Term Treasury 50&50 Blend ETF Units | −100.00% | 9,870 KRW | −1.10% | 143.38 K USD | 0.26 | — | — | 0.15% | Asset allocation | Target risk |
| 0241R0MIRAE ASSET TIGER HYUNDAIMOTOR LGELECTRONICS FIXED PHYSICALAI VALUECHAIN ETF Units | −100.00% | 7,525 KRW | −5.58% | 64.59 K USD | 0.13 | — | — | 0.50% | Equity | Theme |
 1546NEXT FUNDS Dow Jones Industrial Average ETF | −99.75% | 196.6 JPY | −4.56% | 540.68 K USD | 0.70 | 404.46 K USD | +66.72% | 0.30% | Equity | Large cap |
 ORBIGGOribi Global Growth Prescient Actively Managed ETF Units ZAR | −99.01% | 1,056 ZAC | −0.85% | 43 USD | 0.02 | 1.48 B USD | — | — | Equity | Large cap |
| OORBT30Oribi South Africa Top 30 Index Prescient ETF Units ZAR | −99.01% | 1,026 ZAC | +0.49% | 5.72 K USD | 4.94 | 594.43 M USD | — | — | Equity | Large cap |
 EASY5EasyETFs CPI Plus 5 Actively Managed ETF AccumZAR | −99.01% | 1,003 ZAC | −0.69% | 150.95 K USD | 6.45 | 378.17 M USD | — | — | Asset allocation | Target outcome |
 PANDAPrescient China Balanced Feeder Actively Managed ETF Units ZAR | −99.01% | 946 ZAC | −0.32% | 170.24 K USD | 22.83 | 376 M USD | — | — | Asset allocation | Target outcome |
| EASY3EasyETFs CPI Plus 3 Actively Managed ETF AccumZAR | −99.01% | 1,012 ZAC | −0.88% | 6 USD | 0.00 | 214.25 M USD | — | — | Asset allocation | Target outcome |
| AASAETAnchor EasyETFs Aspirant SA Equity Actively Managed ETF Accum Units ZAR | −99.01% | 929 ZAC | −0.11% | 8 USD | 0.00 | 106.37 M USD | — | — | Equity | Total market |
| EASY7EasyETFs CPI Plus 7 Actively Managed ETF AccumZAR | −99.01% | 1,001 ZAC | −0.20% | 4.3 K USD | 0.28 | 775.69 M USD | — | — | Asset allocation | Target outcome |
 IVYAIIvy EasyETFs AI Innovation Actively Managed ETF Accum - ZAR | −99.01% | 1,033 ZAC | −8.34% | 1.57 K USD | 0.40 | 634.4 M USD | — | — | Equity | Theme |
 AGOGEAllan Gray-Orbis Global Equity Feeder AMETF | −99.00% | 1,181 ZAC | +1.72% | 124 USD | 0.00 | 1.09 B USD | — | — | Equity | Total market |
 181AMAXIS US Treasury Bond 1-3 Year ETF (Unhedged) Units | −99.00% | 529.3 JPY | −0.02% | 24.55 K USD | 23.86 | 35.22 M USD | +4.68% | 0.01% | Fixed income | Investment grade |
 91GINCNinety One Global Diversified Income Prescient Feeder Actively Managed ETF Units A ZAR | −99.00% | 995 ZAC | −0.50% | 14.54 K USD | 2.98 | 878.5 M USD | — | 0.00% | Fixed income | Broad credit |
 AGOGBAllan Gray-Orbis Global Balanced Feeder AMETF Accum Units ZAR | −99.00% | 1,131 ZAC | −0.35% | 2.31 K USD | 0.02 | 1.58 B USD | — | — | Asset allocation | Target outcome |
 ANLT.F3ATF ETF (4A) TA 125 IL | −99.00% | 4,392 ILA | −2.72% | 586.94 K USD | 1.05 | 874.09 M USD | — | 0.01% | Equity | Total market |
| PPWMEXIPWM Extra Interest Prescient Feeder Actively Managed ETF Units ZAR | −99.00% | 1,019 ZAC | 0.00% | 5.25 K USD | 0.15 | 64.78 M USD | — | — | Fixed income | Broad credit |
| 221AMAXIS Nikkei Semiconductor Stock (Japan) ETF | −99.00% | 767.8 JPY | −7.92% | 936.07 K USD | 0.62 | 43.65 M USD | +118.70% | 0.14% | Equity | Information technology |
| 91DINCNinety One Diversified Income Prescient Feeder Actively Managed ETF Units A ZAR | −99.00% | 1,029 ZAC | +0.10% | 31.89 K USD | 0.33 | 3.35 B USD | — | 0.00% | Fixed income | Broad credit |
| ANLT.F4ATF (4A) TA 200 IL ETF Units | −99.00% | 4,291 ILA | −2.59% | 10.81 K USD | 0.26 | 200.6 M USD | — | 0.01% | Equity | Total market |
| AAGEETAnchor EasyETFs Aspirant Global Equity Actively Managed ETF Accum Units ZAR | −99.00% | 1,020 ZAC | +0.10% | 8.93 K USD | 3.63 | 201.29 M USD | — | — | Equity | Total market |
 MORE.S7MORE SAL (4A) TA-35 IL | −99.00% | 10,880 ILA | −3.03% | 4.07 M USD | 1.24 | — | — | 0.12% | Equity | Large cap |
| MORE.S11MORE SAL (0A)Tel Bond Composite IL ETF Units | −99.00% | 6,022.50 ILA | −0.26% | 319.57 K USD | 0.39 | — | — | 0.12% | Fixed income | Broad credit |
| MORE.S6MORE SAL (4A) Index Banks EW IL | −99.00% | 11,320 ILA | −1.74% | 5.38 M USD | 21.22 | — | — | 0.47% | Equity | Financials |
| MORE.S10MORE SAL (00) Tel Bond 60 CPI Linked IL | −99.00% | 5,935.28 ILA | −0.38% | 319.4 K USD | 1.00 | — | — | 0.17% | Fixed income | Broad credit |
| 182AMAXIS US Treasury Bond 20+ Year ETF (Unhedged) Units | −99.00% | 483.9 JPY | −1.24% | 1.62 K USD | 0.38 | 1.88 M USD | −1.56% | 0.12% | Fixed income | Investment grade |
| BBGFMAIBenguela EasyETFs Global AI Revolution Actively Managed ETF Units ZAR | −99.00% | 855 ZAC | −5.52% | 259 USD | 0.01 | 40.86 M USD | — | — | Equity | Theme |
| 183AMAXIS US Treasury Bond 20+ Year ETF (JPY Hedged) Units | −99.00% | 429.4 JPY | −0.44% | 24.3 K USD | 2.38 | 32.12 M USD | −8.00% | — | Fixed income | Investment grade |
| AADXWWEAdviceworx Worldwide Equity Prescient Actively Managed ETF Units ZAR | −98.99% | 1,009 ZAC | −0.10% | 134.07 K USD | 2.01 | 7.82 B USD | — | — | Equity | Total market |
| ANLT.F1ATF ETF S&P 500 Units | −98.99% | 6,584 ILA | +0.90% | 307.23 K USD | 0.58 | 1.28 B USD | — | 0.01% | Equity | Large cap |
 OYSTERETFSA Oyster Global Balanced Prescient Actively Managed ETF Acuum Units ZAR | −98.99% | 1,019 ZAC | −0.49% | 25.38 K USD | 3.11 | 2.31 B USD | — | — | Asset allocation | Target outcome |
 PAGPWisdomTree Physical Silver - GBP Daily Hedged | −98.98% | 1,948.3 GBX | +1.33% | 0 USD | 0.00 | 100.33 M USD | — | 0.35% | Commodities | Silver |
 7262CSOP Nikkei 225 Daily (2x) Leveraged Product ETF | −95.05% | 136.75 HKD | −11.92% | 80.85 K USD | 0.73 | 106.8 M USD | +116.37% | 1.99% | Equity | Large cap |
| 3153CSOP Nikkei 225 Index ETF | −95.03% | 116.90 HKD | −5.92% | 159.38 K USD | 0.50 | 3.05 B USD | +58.87% | 1.40% | Equity | Large cap |
 STXGBDSatrix Global Bond ETF | −94.03% | 3,519 ZAC | −0.26% | 1.15 M USD | 1.99 | 1.9 B USD | −16.20% | 0.40% | Fixed income | Investment grade |
 ETNVCOIN50Virtune Coinbase 50 Index ETP | −91.06% | 5.687 PLN | −3.08% | 295 USD | 0.04 | 73.4 M USD | — | 0.95% | Currency | Long cryptocurrency basket, short USD |
 2869iFreeETF NASDAQ100 Leveraged(2x) Units | −90.38% | 2,360 JPY | −9.65% | 5.39 M USD | 1.34 | 91.01 M USD | +3,572.18% | 0.75% | Equity | Large cap |
| 2237iFreeETF S&P500 Leveraged (2x) ETF | −90.19% | 2,205 JPY | −8.32% | 480.95 K USD | 1.28 | 11.91 M USD | +6,791.60% | 0.73% | Equity | Large cap |
| 316AiFreeETF FANG+ Units | −90.18% | 2,442 JPY | −4.94% | 3.93 M USD | 0.60 | 370.06 M USD | — | — | Equity | Theme |
| 2841iFreeETF NASDAQ100 (JPY HEDGED) | −90.17% | 1,526 JPY | −4.51% | 861 K USD | 1.45 | 203.58 M USD | +1,697.34% | 0.20% | Equity | Large cap |
| 2840iFreeETF NASDAQ100 (NON HEDGED) | −90.17% | 2,436 JPY | −4.58% | 3.33 M USD | 1.19 | 133.45 M USD | +3,293.13% | 0.20% | Equity | Large cap |
| 2248iFreeETF S&P500 (JPY HEDGED) ETF Units | −90.08% | 2,625 JPY | −4.20% | 71.17 K USD | 0.20 | 154.46 M USD | +2,345.70% | 0.07% | Equity | Total market |
| 2247iFreeETF S&P500 (NON HEDGED) ETF Units | −90.08% | 2,179 JPY | −4.43% | 235.98 K USD | 0.28 | 89.24 M USD | +1,187.55% | 0.07% | Equity | Total market |
| 140AiFreeETF 10-Year U.S. Treasury Note Futures Inverse ETF Units | −90.03% | 2,031 JPY | −0.20% | 1.29 K USD | 0.00 | 18.65 M USD | +1.33% | — | Fixed income | Investment grade |
| 210AiFreeETF Nikkei High Yield REIT Index Units | −90.03% | 1,466 JPY | −2.20% | 69.55 K USD | 0.77 | 92.98 M USD | +1.40% | 0.14% | Equity | Real estate |
| 1365iFreeETF Nikkei225 Leveraged Index Units 2014-Without Fixed maturity | −90.02% | 3,175 JPY | −12.61% | 9.43 M USD | 1.10 | 99.78 M USD | +8,102.71% | 0.75% | Equity | Large cap |
| 354AiFreeETF Bloomberg Japan High Dividend 50 Index Units | −90.01% | 3,224 JPY | −5.04% | 201.36 K USD | 0.13 | 490.07 M USD | — | 0.25% | Equity | Total market |
| 2017iFreeETF JPX Prime 150 Units | −90.01% | 1,363 JPY | −6.64% | 374.3 K USD | 2.55 | 58.32 M USD | +34.74% | 0.15% | Equity | Large cap |
| 233AiFreeETF Nifty50 Units | −90.00% | 1,897 JPY | −0.16% | 162.24 K USD | 0.57 | 23.01 M USD | −13.97% | 0.35% | Equity | Large cap |
| 382AiFreeETF US Treasury Bond 3-5 Year (JPY HEDGED) Units | −89.97% | 1,896 JPY | +0.21% | 36 USD | 0.00 | — | — | — | Fixed income | Broad credit |
| 2016iFreeETF US Treasury Bond 7-10 Year (JPY HEDGED) Units | −89.96% | 1,740 JPY | +0.12% | 5.12 K USD | 0.43 | 90.22 M USD | −6.71% | 0.10% | Fixed income | Investment grade |
| 363AiFreeETF FTSE100 ETF Units | −89.95% | 2,704 JPY | −2.80% | 1.88 K USD | 0.15 | — | — | — | Equity | Large cap |
| 381AiFreeETF US Treasury Bond 3-5 Year (NON HEDGED) Units | −89.95% | 2,154 JPY | −0.05% | 4.25 K USD | 0.48 | 21.83 M USD | — | 0.10% | Fixed income | Broad credit |
| 2015iFreeETF US Treasury Bond 7-10 Year (NON HEDGED) Units | −89.93% | 2,107 JPY | −0.19% | 1.75 K USD | 0.06 | 32.33 M USD | −0.22% | 0.10% | Fixed income | Investment grade |
| 1367iFreeETF TOPIX Leveraged (2x) Index Units 2014-Without Fixed maturity | −89.91% | 2,540 JPY | −11.53% | 2.78 M USD | 2.83 | 25.71 M USD | +6,601.03% | 0.71% | Equity | Total market |
 510980China Universal Shanghai Composite Index Exchange Traded Fund | −85.06% | 1.305 CNY | −1.29% | 5.46 M USD | 0.27 | — | — | — | Equity | Large cap |
| NNB1011Nu Tesouro IPCA B3 Prazo 10 anos | −83.74% | 51.48 BRL | +0.19% | 6.51 K USD | 0.19 | 34.4 M USD | — | 0.19% | Fixed income | High yield |
| SHDSOP Investments III VCC - CSOP Huatai-PB SSE Dividend Index ETF -RMB- | −80.79% | 1.200 SGD | −2.44% | 10 USD | 0.00 | 16.77 M USD | +6.17% | 1.53% | Equity | High dividend yield |
 QUALiShares MSCI USA Quality Factor ETF | −75.00% | 54.79 USD | −3.46% | 1.03 B USD | 3.87 | 48.05 B USD | +72.73% | 0.15% | Equity | Total market |
| MTUMiShares MSCI USA Momentum Factor ETF | −75.00% | 62.60 USD | −8.23% | 508.7 M USD | 1.91 | 17.32 B USD | +93.32% | 0.15% | Equity | Total market |
 TCH.F173Tachlit SAL (4D) Index World Value U.S.D Hedged- Units | −68.56% | 5,564 ILA | −0.18% | 363.65 K USD | 3.16 | 691.76 M USD | +38.79% | 0.43% | Equity | Total market |
| SOXXiShares PHLX SOX Semiconductor Sector Index Fund | −66.71% | 131.90 USD | −12.15% | 8.92 B USD | 1.93 | 43.89 B USD | +189.51% | 0.33% | Equity | Information technology |
| ITAiShares U.S. Aerospace & Defense ETF | −66.65% | 68.11 USD | −4.00% | 207.78 M USD | 0.99 | 12.38 B USD | +92.10% | 0.37% | Equity | Industrials |
| EFGiShares MSCI EAFE Growth ETF | −66.55% | 38.67 USD | −3.97% | 73.98 M USD | 1.00 | 14.95 B USD | +45.30% | 0.36% | Equity | Total market |
| EFViShares MSCI EAFE Value ETF | −49.73% | 39.93 USD | −1.86% | 121.06 M USD | 0.85 | 30.24 B USD | +90.31% | 0.33% | Equity | Total market |
 VUSD/NVanguard S&P 500 UCITS ETF | −45.23% | 1,480.570 MXN | 0.00% | 79 USD | 0.00 | 52.5 B USD | +93.09% | 0.07% | Equity | Large cap |
 589020Penghua SSE STAR Semiconductor Material & Equipment Thematic Index ETF Units | −36.14% | 0.846 CNY | −2.08% | 65.52 M USD | 0.57 | — | — | 0.60% | Equity | Information technology |
 YAMDAMD (AMD) Yield Shares Purpose ETF | −29.04% | 35.76 CAD | −19.73% | 1.12 M USD | 2.22 | 28.71 M USD | +270.47% | 1.86% | Equity | Information technology |
 FFIXFidelity All-in-One Fixed Income ETF Trust Unit | −28.57% | 9.71 CAD | +0.21% | 319.03 K USD | 1.04 | 84.35 M USD | — | 0.37% | Fixed income | Broad credit |
 RQUSRussell Investments Multi-Factor US Equity Pool ETF Units Trust Units | −28.50% | 22.51 CAD | −3.35% | 0 USD | — | 1.15 M USD | — | — | Equity | Total market |
 BCCCGlobal X Bitcoin Covered Call ETF Trust Units | −28.47% | 12.29 CAD | −4.43% | 35.8 K USD | 0.37 | 39.51 M USD | — | 1.53% | Currency | Long Bitcoin, short CAD |
| FEQTFidelity All-in-One Equity ETF Series L Trust Units | −28.47% | 18.86 CAD | −2.33% | 11.56 M USD | 2.32 | 6.13 B USD | +34.22% | 0.52% | Equity | Total market |
 METLFirst Trust Global Funds ICAV - First Trust Indxx Future Economy Metals UCITS ETF Accum A USD | −25.93% | 32.583 USD | −0.20% | 65 USD | 0.01 | 6.45 M USD | +85.24% | 0.67% | Equity | Theme |
| XSUEiShares III PLC - MSCI World ex-USA UCITS ETF USD | −24.81% | 4.6725 EUR | +1.16% | 1.94 K USD | 0.10 | 6.87 M USD | — | 0.16% | Equity | Total market |
 DYYXFDeutsche Bank AG (London Branch) | −24.28% | 6.75 USD | −15.63% | 2.78 K USD | 0.42 | 794.37 K USD | +121.77% | 0.75% | Commodities | Broad market |
| 588410Penghua CSI STAR & CHINEXT Artificial Intelligence Index ETF | −23.98% | 0.912 CNY | −5.10% | 280.43 K USD | 0.33 | — | — | — | Equity | Theme |
 MWDDInvesco Markets PLC - Invesco MSCI World UCITS ETF USD | −17.86% | 4.3046 EUR | −2.17% | 0 USD | 0.00 | 76.6 M USD | — | 0.05% | Equity | Total market |
| OLOXFDeutsche Bank AG (London Branch) | −17.23% | 13.76 USD | +14.67% | 16.79 K USD | 1.09 | 1.25 M USD | +90.02% | 0.75% | Commodities | Crude oil |
| BOMMFDeutsche Bank AG (London Branch) | −16.50% | 1.76 USD | 0.00% | 176 USD | 0.24 | 45.73 K USD | −57.58% | 0.75% | Commodities | Broad market |
| STT6iShares II PLC - iShares STOXX Europe 600 UCITS ETF EUR | −16.32% | 4.4365 GBP | −0.57% | 84 USD | 0.00 | 17.4 M USD | — | 0.08% | Equity | Total market |
 CALFPacer ETFS ICAV - Pacer US Small Cap Cash Cows 100 UCITS ETF Accum A USD | −16.08% | 34.200 USD | +0.33% | 34 USD | 0.02 | 2.15 M USD | — | 0.84% | Equity | Small cap |
 515330Tianhong CSI 300 Trading Open Index Securities Investment Fund Units | −14.90% | 1.186 CNY | −1.50% | 3.75 M USD | 0.14 | — | +14.47% | 0.60% | Equity | Large cap |
 COALRange Global Coal Index ETF | −13.72% | 22.33 USD | +12.38% | 2.23 M USD | 3.08 | 51.61 M USD | +14.01% | 0.85% | Equity | Energy |
 CHINA100-MYRVp-Dj Shariah China A-Shares 100 ETF MYR Exchange Traded Fund Units | −13.04% | 1.205 MYR | 0.00% | 148 USD | 0.07 | — | +9.63% | — | Equity | Large cap |
 CHNTRAC/11CHNTRAC China SX20 TRACs | −12.29% | 38.00 MXN | 0.00% | 14 USD | 1.63 | 680.45 K USD | +25.55% | — | Equity | Total market |
 AVUSAvantis Global Equity Ucits ETF | −11.15% | 19.492 EUR | −2.18% | 187.93 K USD | 1.50 | 129.07 M USD | — | 0.21% | Equity | Total market |
 TCQWTrading Central Quant Global 50 Equity UCITS ETF Accum Shs USD | −10.99% | 6.783 EUR | −1.28% | 23 USD | 0.04 | 550.64 K USD | — | 1.02% | Equity | Total market |
| DZMUHANetf DZ Bank MSCI World ETF | −10.94% | 7.8962 USD | −2.32% | 0 USD | 0.00 | 29.07 M USD | — | 0.17% | Equity | Total market |
| FUSYFidelity US Equity Enhanced Yield UCITS ETF USD | −10.92% | 4.3845 EUR | −2.37% | 0 USD | 0.00 | 5.57 M USD | — | 1.30% | Equity | Total market |
| AVEUAmerican Century ICAV - Avantis Europe Equity Ucits Etf | −10.81% | 18.298 EUR | −0.10% | 129.45 K USD | 1.55 | 44.64 M USD | — | 0.26% | Equity | Total market |
 ASWLREX Tech Innovation Income & Growth UCITS ETF USD | −10.73% | 22.090 EUR | −5.52% | 429.74 K USD | 2.59 | 26.56 M USD | — | 0.65% | Equity | Information technology |
| DZUSHANetf II ICAV - DZ Bank S&P 500 UCITS ETF | −10.69% | 7.0434 EUR | −2.56% | 0 USD | 0.00 | 8.18 M USD | — | 0.18% | Equity | Large cap |
 GXUSAmundi Global ex-US Government Bond Capitaisation -UCITS ETF- | −10.68% | 4.2011 EUR | +0.22% | 0 USD | 0.00 | 453.28 M USD | — | 0.22% | Fixed income | Investment grade |
| FGLYFidelity Global Equity Enhanced Yield UCITS ETF USD | −10.66% | 4.4330 EUR | −1.95% | 20.15 K USD | 1.02 | 5.6 M USD | — | 0.50% | Equity | Total market |
 YIWUUYourIndex SICAV-YIS MSCI World Universal-UCITS ETF- Capitalisation | −10.53% | 10.082 EUR | +0.56% | 124.09 K USD | 0.69 | 260.11 M USD | — | 0.21% | Equity | Total market |
| ASWKREX Tech Innovation Premium Income UCITS ETF USD | −10.36% | 17.844 EUR | −4.78% | 769.13 K USD | 1.88 | 71.81 M USD | — | 0.65% | Equity | Information technology |
 FVEMFranklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF | −10.26% | 34.495 EUR | −3.94% | 620 USD | 0.05 | 9.19 M USD | +44.01% | 0.18% | Equity | Total market |