Ironwood Wealth Management, LLC. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VGLT	Vanguard Long-Term Treasury ETF	787,912	$45,447	14.8%	$58.71	—	ETF	92206C847
IEFA	Ishares TRUST Core Msci Eafe Etf	602,057	$43,733	14.3%	$63.78	—	ETF	46432F842
IEF	iShares 7-10 Year Treasury Bond ETF	462,629	$43,325	14.1%	$99.87	—	ETF	464287440
IVV	iShares S&P 500 Index (ETF)	68,361	$37,409	12.2%	$341.17	—	ETF	464287200
IEMG	Ishares Inc Core Msci Emerging Mkts Etf	472,606	$25,299	8.3%	$51.48	—	ETF	46434G103
—	Invesco BulletShares 2025 Corp Bd ETF	1,040,300	$21,274	6.9%	$20.26	—	ETF	46138J825
IJH	iShares Core S&P Mid-Cap ETF	214,736	$12,566	4.1%	$91.10	—	ETF	464287507
IJR	iShares S&P SmallCap 600 Index (ETF)	102,140	$10,894	3.6%	$89.56	—	ETF	464287804
SPDW	SPDR Developed World Ex-US ETF	269,923	$9,469	3.1%	$29.76	—	ETF	78463X889
MUB	Ishares National AMT Free Muni ETF	73,963	$7,881	2.6%	$107.75	—	ETF	464288414
SCHX	Schwab US Large Cap Etf	111,371	$7,156	2.3%	$54.34	—	ETF	808524201
SPSM	SPDR SERIES TRUST PORTFOLIO Small Cap ETF	129,383	$5,373	1.8%	$38.77	—	ETF	78468R853
SPEM	SPDR Portfolio Emerging Markets ETF	105,005	$3,956	1.3%	$36.78	—	ETF	78463X509
SUB	Ishares Short-Term National Muni Bond ETF	35,707	$3,733	1.2%	$104.51	—	ETF	464288158
SCHB	Schwab US Broad Market Etf	58,161	$3,657	1.2%	$56.20	—	ETF	808524102
DJP	iPath Bloomberg Commodity Index Total Return ETN	110,841	$3,554	1.2%	$35.15	—	ETN	06738C778
SCHF	Schwab International Equity ETF	81,295	$3,123	1.0%	$32.36	—	ETF	808524805
EFA	Ishares Msci EAFE Index ETF	33,837	$2,650	0.9%	$64.93	—	ETF	464287465
SPY	SPDR S&P 500 ETF	4,637	$2,524	0.8%	$303.86	—	ETF	78462F103
SCHE	Schwab Emerging Market Equity Etf	67,818	$1,801	0.6%	$25.76	—	ETF	808524706
SCHM	Schwab US Mid-Cap Etf	18,028	$1,403	0.5%	$55.94	—	ETF	808524508
SCHA	Schwab US Small Cap Etf	28,491	$1,352	0.4%	$46.58	—	ETF	808524607
IWV	iShares Russell 3000 Index (ETF)	3,586	$1,107	0.4%	$173.71	—	ETF	464287689
SPTL	SPDR Portfolio Long Term Treasury ETF	40,504	$1,103	0.4%	$27.30	—	ETF	78464A664
SHY	Ishares Tr Barclays 1-3 Bond (SHY)	12,978	$1,060	0.3%	$81.08	—	ETF	464287457
SPMD	SPDR SERIES TRUST PORTFOLIO Mid Cap ETF	18,988	$974	0.3%	$40.24	—	ETF	78464A847
SHM	SPDR Nvn Barclys Short Term Mncpl Bnd ETF	17,616	$831	0.3%	$48.10	—	ETF	78468R739
EBND	SPDR Barclays Emerging Markets Local Bond ETF	29,258	$582	0.2%	$21.67	—	ETF	78464A391
VTI	Vanguard Total Stock Mkt ETF	2,015	$539	0.2%	$245.18	—	ETF	922908769
AGG	iShares Barclays Aggregate Bond ETF	5,173	$502	0.2%	$115.57	—	ETF	464287226
IWR	Ishares Russell Midcap ETF	5,455	$442	0.1%	$82.19	—	ETF	464287499
VWO	Vanguard Emerging Market ETF	7,495	$328	0.1%	$41.45	—	ETF	922042858
ACWI	Ishares Msci Acwi Etf	2,544	$286	0.1%	$98.92	—	ETF	464288257
VO	Vanguard Mid Cap ETF	1,074	$260	0.1%	$150.64	—	ETF	922908629
VOO	Vanguard S&P 500 Index ETF	518	$259	0.1%	$418.20	—	ETF	922908363
RWO	SPDR DJ Wilshire Global Real Estate (ETF)	4,457	$185	0.1%	$41.67	—	ETF	78463X749
VEA	Vanguard Europe Pac Etf	2,482	$123	0.0%	$42.02	—	ETF	921943858
IVE	Ishares S&P 500 Value ETF	221	$40	0.0%	$143.74	—	ETF	464287408
VB	Vanguard Small Cap Index ETF	105	$23	0.0%	$185.70	—	ETF	922908751
BKLN	Powershares Etf	1,026	$22	0.0%	$20.74	—	ETF	46138G508
XRAY	Dentsply Intl Inc	390	$10	0.0%	$42.29	-32.2%	Common Stock	24906P109
SPYM	SPDR SERIES TRUST PORTFOLIO Large Cap ETF	145	$9	0.0%	$64.00	—	ETF	78464A854
EEM	Ishares Msci Emrg Mkt ETF	80	$3	0.0%	$43.71	—	ETF	464287234
IAU	Ishares Gold ETF	59	$3	0.0%	$34.96	—	ETF	464285204