| IHS Holding Ltd | Telecom Services | Communication Services | -0.88 | -10.40 | 8.04 | 15.07 | -35.01 | -59.37 | -69.48 | -80.24 |
| uCloudlink Group Inc ADR | Telecom Services | Communication Services | 6.54 | 13.54 | 9.97 | -11.87 | -28.65 | -59.17 | 55.86 | -86.42 |
| Lumen Technologies Inc | Telecom Services | Communication Services | 0.76 | 0.76 | 0.00 | -14.84 | -2.22 | -50.00 | -88.40 | -89.72 |
| KORE Group Holdings Inc | Telecom Services | Communication Services | 1.86 | 0.12 | -0.35 | -15.77 | 3.59 | -47.46 | -82.28 | -92.20 |
| Iridium Communications Inc | Telecom Services | Communication Services | 3.42 | 5.71 | 27.40 | 8.26 | -14.88 | -47.26 | -10.01 | -13.33 |
| WideOpenWest Inc | Telecom Services | Communication Services | 0.63 | 3.87 | 41.23 | 15.00 | 26.77 | -41.31 | -78.14 | -69.12 |
| Cable One Inc | Telecom Services | Communication Services | -2.00 | -1.60 | -1.57 | -21.56 | -29.47 | -40.68 | -65.63 | -76.50 |
| Grupo Televisa S.A.B. ADR | Telecom Services | Communication Services | 0.30 | 0.91 | 14.14 | -7.80 | 42.06 | -32.25 | -61.73 | -72.91 |
| Liberty Broadband Corp Cl C | Telecom Services | Communication Services | -1.17 | 0.66 | 10.79 | -12.30 | -35.91 | -30.72 | -54.94 | -67.27 |
| Liberty Broadband Corp Cl A | Telecom Services | Communication Services | -1.11 | 0.73 | 10.70 | -12.47 | -35.48 | -29.79 | -52.82 | -66.21 |
| ATN International Inc | Telecom Services | Communication Services | -1.48 | 5.08 | -4.12 | -27.68 | -14.77 | -29.08 | -35.68 | -42.63 |
| Telekomunikasi Indonesia ADR | Telecom Services | Communication Services | -0.64 | 2.05 | 0.07 | -26.63 | -15.19 | -24.80 | -27.23 | -1.62 |
| Gogo Inc | Telecom Services | Communication Services | 0.37 | 5.59 | 30.70 | 15.68 | 2.18 | -23.07 | -41.47 | -11.58 |
| Altice USA Inc Cl A | Telecom Services | Communication Services | 7.62 | 4.63 | 15.90 | 12.44 | -0.44 | -19.86 | -78.48 | -93.89 |
| BCE Inc | Telecom Services | Communication Services | 0.00 | 1.18 | 6.51 | -6.74 | -8.41 | -19.50 | -24.84 | -14.13 |
| Charter Communications Inc Cl A | Telecom Services | Communication Services | -1.63 | -0.92 | 5.81 | -7.49 | -33.03 | -19.35 | -42.17 | -60.25 |
| Rogers Communications Inc Cl B | Telecom Services | Communication Services | -0.05 | 0.83 | 5.23 | -11.43 | -4.72 | -14.80 | -15.20 | -12.36 |
| Qwest Corp 6.5 Notes 2056 | Telecom Services | Communication Services | 0.60 | 2.24 | 1.11 | 5.28 | 3.22 | -14.30 | -45.28 | -47.98 |
| America Movil S.A.B. de C.V. ADR | Telecom Services | Communication Services | 0.10 | -2.08 | 9.54 | 7.05 | 11.58 | -11.46 | 3.08 | 41.34 |
| TELUS Corp | Telecom Services | Communication Services | 0.97 | 3.23 | 5.46 | -2.97 | 0.28 | -8.87 | -21.50 | -7.23 |
| Shenandoah Telecommunications Co | Telecom Services | Communication Services | 0.88 | 8.40 | 27.40 | -5.66 | -22.37 | -6.48 | -13.66 | -41.10 |
| RADCOM Ltd | Telecom Services | Communication Services | 0.48 | 1.73 | 2.17 | -5.71 | 20.18 | -3.39 | -15.23 | 0.53 |
| Chunghwa Telecom Co Ltd ADR | Telecom Services | Communication Services | 0.26 | 1.93 | 3.05 | 0.75 | 6.56 | -1.52 | -0.33 | 8.27 |
| Cogent Communications Holdings Inc | Telecom Services | Communication Services | 2.19 | -0.74 | -4.52 | -21.97 | -7.19 | -1.13 | 13.42 | -8.49 |