| uCloudlink Group Inc ADR | Telecom Services | Communication Services | -8.18 | 6.58 | -3.31 | -18.32 | -36.52 | -60.11 | 56.99 | -87.26 |
| Telecom Argentina S.A. ADR | Telecom Services | Communication Services | -2.65 | -2.03 | 26.97 | 18.76 | 78.60 | 79.65 | 86.63 | 91.74 |
| Crexendo Inc | Telecom Services | Communication Services | -1.73 | -2.21 | -7.23 | -45.55 | 60.48 | 163.58 | 33.53 | -24.38 |
| SK Telecom Co Ltd ADR | Telecom Services | Communication Services | -1.46 | 1.32 | 7.86 | -0.69 | -3.02 | 5.90 | -16.83 | -56.79 |
| Cogent Communications Holdings Inc | Telecom Services | Communication Services | -1.38 | -6.19 | -8.05 | -23.31 | -10.49 | -2.83 | 10.02 | -10.45 |
| Telefonica S.A. ADR | Telecom Services | Communication Services | -1.34 | 0.00 | 7.26 | 14.77 | 13.78 | 10.23 | 1.95 | 7.55 |
| U.S. Cellular Corp | Telecom Services | Communication Services | -1.30 | -4.33 | 29.98 | 27.49 | -1.15 | 200.07 | 51.43 | 16.27 |
| Millicom International Cellular S.A. | Telecom Services | Communication Services | -1.12 | 4.17 | 21.61 | 49.56 | 42.39 | 34.48 | 0.17 | -47.97 |
| Liberty Global Ltd Cl A | Telecom Services | Communication Services | -1.10 | 1.49 | 4.16 | -6.02 | 5.85 | -0.64 | -26.33 | -39.47 |
| America Movil S.A.B. de C.V. ADR | Telecom Services | Communication Services | -1.05 | -2.18 | 12.29 | 8.17 | 11.47 | -12.28 | 6.82 | 41.19 |
| Ribbon Communications Inc | Telecom Services | Communication Services | -0.91 | 1.24 | 25.29 | -6.84 | 59.51 | 22.93 | 9.00 | -52.88 |
| Globalstar Inc | Telecom Services | Communication Services | -0.81 | 1.65 | -4.65 | -27.22 | -12.77 | 12.84 | 8.85 | -9.56 |
| Liberty Global Ltd Cl C | Telecom Services | Communication Services | -0.80 | 0.52 | 3.08 | -8.02 | 0.87 | -3.17 | -27.59 | -38.15 |
| BCE Inc | Telecom Services | Communication Services | -0.67 | 1.63 | 6.58 | -6.25 | -8.15 | -19.70 | -24.91 | -14.13 |
| Grupo Televisa S.A.B. ADR | Telecom Services | Communication Services | -0.60 | 0.00 | 8.55 | -4.90 | 37.50 | -30.93 | -60.56 | -72.99 |
| Verizon Communications Inc | Telecom Services | Communication Services | -0.59 | 1.16 | 1.21 | 1.02 | 14.96 | 22.58 | -4.20 | -15.01 |
| RADCOM Ltd | Telecom Services | Communication Services | -0.48 | 3.37 | -1.11 | -8.10 | 19.15 | -1.42 | -17.05 | 0.05 |
| AT&T Inc Dep. Pfd (Rep. 1/1000th 5 Perp. Pfd Series A) | Telecom Services | Communication Services | -0.33 | 1.04 | 2.46 | -0.18 | 11.54 | 2.39 | 7.85 | 7.85 |
| TELUS Corp | Telecom Services | Communication Services | -0.30 | 0.30 | 4.97 | -3.15 | -0.74 | -10.28 | -22.29 | -8.12 |
| Gogo Inc | Telecom Services | Communication Services | -0.28 | 5.20 | 32.14 | 10.16 | 3.37 | -22.58 | -40.36 | -11.90 |
| KORE Group Holdings Inc | Telecom Services | Communication Services | -0.22 | -5.32 | -0.22 | -14.71 | 8.45 | -44.65 | -79.89 | -92.34 |
| Qwest Corp 6.5 Notes 2056 | Telecom Services | Communication Services | -0.20 | 2.36 | 0.50 | 5.93 | 2.70 | -12.34 | -44.66 | -48.29 |
| Telephone & Data Systems Inc | Telecom Services | Communication Services | -0.20 | 3.81 | 35.66 | 47.25 | 8.02 | 209.89 | 30.84 | -6.55 |
| AT&T Inc | Telecom Services | Communication Services | -0.17 | 0.70 | 7.52 | 3.61 | 12.53 | 12.12 | -3.03 | -9.13 |