| Crexendo Inc | Telecom Services | Communication Services | -5.16 | -15.72 | -18.39 | -39.02 | 101.04 | 173.76 | 78.44 | -26.80 |
| IHS Holding Ltd | Telecom Services | Communication Services | -5.06 | -1.32 | 8.07 | 10.62 | -31.94 | -59.28 | -63.73 | -77.94 |
| KORE Group Holdings Inc | Telecom Services | Communication Services | -3.67 | -5.20 | 10.21 | -15.24 | 114.31 | -34.06 | -77.11 | -92.21 |
| Cogent Communications Holdings Inc | Telecom Services | Communication Services | -3.42 | -5.52 | -7.71 | -21.91 | -5.89 | -3.62 | 16.85 | -11.29 |
| Liberty Latin America Ltd Cl A | Telecom Services | Communication Services | -3.34 | 4.23 | 14.64 | 20.75 | 16.55 | 8.20 | 1.33 | -40.06 |
| Liberty Latin America Ltd Cl C | Telecom Services | Communication Services | -3.34 | 4.87 | 14.75 | 19.49 | 15.38 | 8.39 | 1.82 | -40.51 |
| Liberty Global Ltd Cl B | Telecom Services | Communication Services | -2.91 | -4.57 | -2.51 | -15.76 | 1.83 | -2.51 | -25.91 | -41.55 |
| FingerMotion Inc | Telecom Services | Communication Services | -2.78 | -16.00 | -1.25 | 35.19 | -30.77 | 70.26 | 61.54 | -60.63 |
| Lumen Technologies Inc | Telecom Services | Communication Services | -2.24 | -0.76 | -5.07 | -25.99 | 10.08 | -44.49 | -87.21 | -89.61 |
| Ribbon Communications Inc | Telecom Services | Communication Services | -2.17 | -0.32 | 10.88 | 0.64 | 58.00 | 20.15 | 2.93 | -53.05 |
| TELUS Corp | Telecom Services | Communication Services | -1.89 | -1.71 | -0.62 | -4.57 | -0.43 | -13.39 | -21.78 | -9.55 |
| Telefonica S.A. ADR | Telecom Services | Communication Services | -1.35 | -4.17 | 2.34 | 12.92 | 14.53 | 5.03 | 3.29 | 9.30 |
| Shenandoah Telecommunications Co | Telecom Services | Communication Services | -1.17 | 25.46 | 12.82 | -18.12 | -27.90 | -12.70 | -15.71 | -44.86 |
| Chunghwa Telecom Co Ltd ADR | Telecom Services | Communication Services | -1.06 | 0.37 | -1.21 | -1.36 | 7.02 | -3.85 | -2.63 | 3.80 |
| TIM S/A ADR | Telecom Services | Communication Services | -0.98 | -10.82 | -7.52 | -10.67 | -4.14 | 23.61 | 42.10 | 59.38 |
| Iridium Communications Inc | Telecom Services | Communication Services | -0.93 | -1.78 | 17.38 | -15.57 | -16.20 | -52.58 | -11.92 | -16.88 |
| Millicom International Cellular S.A. | Telecom Services | Communication Services | -0.83 | 6.00 | 10.89 | 38.46 | 39.40 | 21.89 | 6.20 | -49.55 |
| Telefonica Brasil S.A. ADR | Telecom Services | Communication Services | -0.79 | -12.06 | -11.09 | -18.37 | -11.39 | 10.75 | -2.72 | 23.42 |
| Liberty Global Ltd Cl C | Telecom Services | Communication Services | -0.63 | -0.23 | -2.49 | -14.96 | 1.35 | -6.61 | -24.60 | -38.04 |
| AT&T Inc 5.35 Global Notes due 2066 | Telecom Services | Communication Services | -0.61 | -0.61 | -0.54 | -2.42 | 7.30 | 3.32 | 5.61 | 2.26 |
| Grupo Televisa S.A.B. ADR | Telecom Services | Communication Services | -0.61 | 3.47 | -0.91 | 5.81 | 37.24 | -31.20 | -58.12 | -73.05 |
| WideOpenWest Inc | Telecom Services | Communication Services | -0.43 | -4.32 | 26.02 | 27.75 | 62.02 | -41.88 | -74.78 | -69.98 |
| Liberty Global Ltd Cl A | Telecom Services | Communication Services | -0.30 | -0.18 | -2.22 | -12.74 | 4.24 | -5.27 | -23.63 | -39.81 |
| AT&T Inc 5.625 Global Notes due 2067 | Telecom Services | Communication Services | -0.29 | -0.79 | -1.30 | -2.13 | 6.62 | 1.85 | 8.42 | 4.86 |