For performance, break it down for us.

On performance, SPMO has been the most impressive.

The SPMO trailing ten-year return is actually close to the Nasdaq one hundred, and SPMO may be lower risk given that it had a much smaller drawdown in the crash of '22.

However, the ten-year chart shows that SPMO was behind QQQ over much of the period.

So I give the performance win here to the Nasdaq one hundred, although it is a very close call on a risk-adjusted basis.

Give it to us.

Well, to recap this hot summer momentum battle, investors must prepare for the AI era.

If or when AI material- materially displaces human labor, it may be critical to own the companies behind the AI.

And we'll start with you, Dave.

Ron, before we get to this core equity update, I just want to say that today is exactly 53 days since the Knicks won the championship.

We are still celebrating, and it was amazing.

And in honor of their epic season, I dedicate this ETF battle to the New York Knicks and Jalen Brunson.

At 6'2", Brunson was extremely doubted by most, including me, yet Brunson was the core of the Knicks championship offense dominating the NBA, and he delivered a 45-piece to close the finals on the road.

In my lifetime, I've never seen New York that happy.

So the first person who writes Knicks are the champs in the comments for this video gets a signed copy of our priceless book, Investable Benchmarks.

Give it to us.