| 2U Inc | Education & Training Services | Consumer Defensive | -0.58 | 9.64 | 20.99 | -17.05 | -73.01 | -90.66 | -96.91 | -99.03 |
| Lixiang Education Holding Co Ltd ADR | Education & Training Services | Consumer Defensive | 3.67 | -11.43 | 9.15 | -90.65 | -61.12 | -64.85 | -94.75 | -97.56 |
| Chegg Inc | Education & Training Services | Consumer Defensive | -4.78 | -6.41 | -36.52 | -49.89 | -58.13 | -52.13 | -77.25 | -94.21 |
| Coursera Inc | Education & Training Services | Consumer Defensive | -2.53 | -3.85 | -28.23 | -48.61 | -55.74 | -26.87 | -45.05 | -77.60 |
| Mynd.ai Inc ADR | Education & Training Services | Consumer Defensive | 4.44 | 14.60 | -21.52 | -45.70 | -55.19 | -55.19 | -55.19 | -55.19 |
| China Liberal Education Holdings Ltd | Education & Training Services | Consumer Defensive | 11.01 | 4.31 | 21.00 | -52.92 | -51.96 | -88.26 | -97.15 | -97.70 |
| Skillsoft Corp | Education & Training Services | Consumer Defensive | 13.05 | 32.12 | 69.38 | -19.42 | -46.91 | -67.80 | -90.29 | -95.12 |
| Meta Data Ltd ADR | Education & Training Services | Consumer Defensive | 0.58 | 5.51 | -3.84 | -43.95 | -46.19 | -48.75 | -63.64 | -99.00 |
| BTC Digital Ltd | Education & Training Services | Consumer Defensive | 2.58 | -10.16 | -24.43 | -45.49 | -40.87 | -41.53 | -41.53 | -41.53 |
| iHuman Inc ADR | Education & Training Services | Consumer Defensive | 7.89 | 12.02 | 17.14 | -10.47 | -18.00 | -42.71 | -22.99 | -77.53 |
| Vasta Platform Ltd Cl A | Education & Training Services | Consumer Defensive | -1.10 | 0.00 | -3.73 | -9.75 | -17.20 | 1.69 | -16.05 | -55.49 |
| Vitru Ltd | Education & Training Services | Consumer Defensive | 2.74 | -16.51 | -20.84 | -21.54 | -16.87 | -39.00 | -37.03 | -33.74 |
| 51Talk Online Education Group ADR | Education & Training Services | Consumer Defensive | -1.80 | 0.07 | 8.72 | 2.30 | -9.20 | 20.51 | 51.92 | -90.39 |
| Youdao Inc ADR | Education & Training Services | Consumer Defensive | -5.84 | -3.13 | -1.33 | -6.31 | -7.25 | -26.68 | -33.27 | -82.68 |
| ATA Creativity Global ADR | Education & Training Services | Consumer Defensive | -0.47 | 1.11 | -6.64 | -32.12 | -2.13 | -38.93 | -16.51 | -69.26 |
| Franklin Covey Co | Education & Training Services | Consumer Defensive | -1.85 | -0.70 | -0.03 | -1.29 | -1.85 | 3.44 | -2.23 | 25.54 |
| Ambow Education Holding Ltd ADR | Education & Training Services | Consumer Defensive | 4.48 | 6.87 | -13.04 | -54.55 | -1.75 | -41.91 | -79.91 | -93.83 |
| 17 Education & Technology Group Inc ADR | Education & Training Services | Consumer Defensive | 10.73 | 15.14 | 22.98 | 27.88 | 1.40 | -47.93 | -69.26 | -96.95 |
| Afya Ltd | Education & Training Services | Consumer Defensive | 1.31 | 6.13 | 19.18 | -2.32 | 2.38 | 71.44 | 64.04 | -15.70 |
| Grand Canyon Education Inc | Education & Training Services | Consumer Defensive | -0.09 | -2.63 | 10.78 | 12.07 | 5.71 | 31.51 | 63.23 | 53.46 |
| TCTM Kids IT Education Inc ADR | Education & Training Services | Consumer Defensive | -11.93 | -20.44 | -36.00 | -20.88 | 5.88 | 5.88 | 5.88 | 5.88 |
| Wah Fu Education Group Ltd | Education & Training Services | Consumer Defensive | 2.26 | 3.33 | 4.42 | -5.79 | 6.22 | -3.14 | -8.20 | -71.36 |
| Four Seasons Education (Cayman) Inc ADR | Education & Training Services | Consumer Defensive | 0.00 | 7.53 | 4.17 | 24.84 | 6.38 | 11.85 | 4.17 | -46.24 |
| Skillful Craftsman Education Technology Ltd | Education & Training Services | Consumer Defensive | 0.11 | 1.65 | -0.01 | 10.84 | 8.11 | -48.02 | -26.10 | -54.90 |