| Digerati Technologies Inc | Telecom Services | Communication Services | 69.57 | 36.84 | 42.18 | 30.00 | 0.26 | -56.18 | -61.00 | -68.47 |
| COMSovereign Holding Corp | Telecom Services | Communication Services | 22.39 | 28.13 | -14.58 | -53.78 | -80.84 | -88.35 | -99.24 | -99.90 |
| Liberty Latin America Ltd Cl B | Telecom Services | Communication Services | 12.50 | 12.50 | 48.03 | 48.03 | 48.03 | 12.50 | 47.30 | -12.62 |
| Airtel Africa Plc | Telecom Services | Communication Services | 7.45 | 10.50 | 17.58 | 26.92 | 5.27 | 16.00 | -5.34 | -18.98 |
| Telkom Indonesia (Persero) | Telecom Services | Communication Services | 5.56 | 5.56 | -4.64 | -25.47 | -10.23 | -23.23 | -29.95 | -5.07 |
| Telecom Italia S.p.A. RNC | Telecom Services | Communication Services | 4.97 | 4.97 | -2.52 | -19.44 | -17.30 | -15.84 | -14.77 | -60.30 |
| Advanced Info Service PCL ADR | Telecom Services | Communication Services | 4.62 | -0.83 | -3.37 | -0.85 | -7.72 | -9.62 | -5.53 | 8.52 |
| BT Group Plc | Telecom Services | Communication Services | 4.29 | 12.92 | 10.61 | 8.96 | -0.71 | -14.73 | -28.18 | -34.49 |
| GMO Internet Group Inc | Telecom Services | Communication Services | 4.08 | 1.10 | -2.70 | -5.41 | 8.10 | -12.99 | -11.49 | -37.68 |
| Hammer Fiber Optics Holdings Corp | Telecom Services | Communication Services | 4.00 | -10.34 | -13.33 | 129,900.00 | -7.14 | -45.26 | -46.88 | -59.94 |
| Vodacom Group Ltd ADR | Telecom Services | Communication Services | 3.92 | 2.02 | 2.23 | 3.70 | -10.83 | -12.14 | -41.88 | -42.14 |
| Liberty Broadband Corp Cl B | Telecom Services | Communication Services | 2.86 | 3.85 | 1.89 | -14.27 | -33.78 | -23.97 | -50.91 | -65.89 |
| Telecom Italia S.p.A. ADR | Telecom Services | Communication Services | 2.49 | 11.16 | 9.75 | -11.30 | -7.17 | -8.48 | -7.17 | -52.21 |
| Telia Co AB ADR | Telecom Services | Communication Services | 2.31 | 6.09 | 3.17 | 6.50 | 12.54 | 2.49 | -33.65 | -38.64 |
| Telstra Corp Ltd ADR | Telecom Services | Communication Services | 2.00 | 2.51 | 3.29 | -2.06 | 0.17 | -14.24 | 1.19 | 1.19 |
| Nippon Telegraph & Telephone Corp | Telecom Services | Communication Services | 1.98 | -5.07 | -3.74 | -16.49 | -9.22 | -14.06 | -7.83 | 2.39 |
| Internet Initiative Japan Inc ADR | Telecom Services | Communication Services | 1.87 | -16.55 | -15.49 | -22.80 | -11.22 | -31.37 | -10.71 | 24.54 |
| MTN Group Ltd ADR | Telecom Services | Communication Services | 1.81 | -5.16 | 7.07 | -0.84 | -5.61 | -19.54 | -52.73 | -25.98 |
| Helios Towers Plc | Telecom Services | Communication Services | 1.43 | 5.19 | 20.34 | 47.40 | 51.31 | 23.48 | -18.86 | -35.75 |
| Tele2 AB Series B ADR | Telecom Services | Communication Services | 1.37 | -7.50 | 16.04 | 21.77 | 25.26 | 0.15 | -22.26 | -20.71 |
| Royal KPN N.V. | Telecom Services | Communication Services | 1.33 | 6.13 | 9.75 | 10.80 | 14.36 | 10.39 | 19.24 | 18.90 |
| LICT Corp | Telecom Services | Communication Services | 1.05 | 1.27 | -0.00 | -10.86 | -10.61 | -14.44 | -29.20 | -34.69 |
| Swisscom AG ADR | Telecom Services | Communication Services | 1.03 | 2.08 | -1.33 | -1.02 | 0.56 | -13.85 | 1.97 | 5.05 |
| Deutsche Telekom AG ADR | Telecom Services | Communication Services | 0.84 | 3.67 | 7.66 | 4.08 | 7.04 | 4.83 | 35.30 | 21.67 |