Clearwater Capital Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DGRW	WISDOMTREE TR	727,713	$32,813	5.8%	$37.66	—	US QTLY DIV GRT	97717X669
SHY	ISHARES TR	382,713	$32,462	5.7%	$84.23	—	1 3 YR TREAS BD	464287457
BIL	SPDR SERIES TRUST	227,565	$20,843	3.7%	$91.60	—	SPDR BLOOMBERG	78468R663
INTF	ISHARES TR	805,971	$20,552	3.6%	$25.70	—	MULTIFACTOR INTL	46434V274
SCHX	SCHWAB STRATEGIC TR	265,297	$18,818	3.3%	$68.33	—	US LRG CAP ETF	808524201
DBEF	DBX ETF TR	537,528	$17,384	3.1%	$30.54	—	XTRACK MSCI EAFE	233051200
NEAR	ISHARES US ETF TR	303,866	$15,297	2.7%	$50.34	—	SHT MAT BD ETF	46431W507
FLRN	SPDR SERIES TRUST	482,774	$14,850	2.6%	$30.70	—	BLOMBERG BRC INV	78468R200
LRGF	ISHARES TR	445,326	$14,215	2.5%	$31.47	—	MULTIFACTOR USA	46434V282
STIP	ISHARES TR	137,083	$13,732	2.4%	$100.09	—	0-5 YR TIPS ETF	46429B747
—	WISDOMTREE TR	522,047	$13,077	2.3%	$25.07	—	FLOATNG RAT TREA	97717X628
FTC	FIRST TR LRG CP GRWTH ALPHAD	173,644	$12,151	2.1%	$50.35	—	COM SHS	33735K108
DLN	WISDOMTREE TR	121,791	$12,066	2.1%	$77.01	—	US LARGECAP DIVD	97717W307
SCHE	SCHWAB STRATEGIC TR	457,582	$11,499	2.0%	$25.06	—	EMRG MKTEQ ETF	808524706
MUB	ISHARES TR	91,387	$10,427	1.8%	$111.34	—	NATIONAL MUN ETF	464288414
HEDJ	WISDOMTREE TR	143,251	$9,639	1.7%	$53.54	—	EUROPE HEDGED EQ	97717X701
VUG	VANGUARD INDEX FDS	49,993	$8,313	1.5%	$107.69	—	GROWTH ETF	922908736
—	JPMORGAN CHASE & CO	329,425	$7,666	1.4%	$30.42	—	ALERIAN ML ETN	46625H365
DXJ	WISDOMTREE TR	151,250	$7,632	1.3%	$42.35	—	JAPN HEDGE EQT	97717W851
VRP	INVESCO EXCHNG TRADED FD TR	290,848	$7,393	1.3%	$24.64	—	VAR RATE PFD	46138G870
TDIV	FIRST TR EXCHANGE TRADED FD	179,168	$7,186	1.3%	$26.68	—	NASD TECH DIV	33738R118
VCIT	VANGUARD SCOTTSDALE FDS	75,083	$6,851	1.2%	$88.77	—	INT-TERM CORP	92206C870
SCHM	SCHWAB STRATEGIC TR	120,612	$6,819	1.2%	$52.44	—	US MID-CAP ETF	808524508
AGGY	WISDOMTREE TR	123,770	$6,471	1.1%	$50.36	—	YIELD ENHANCD US	97717X511
FPE	FIRST TR EXCHANGE-TRADED FD	324,292	$6,398	1.1%	$19.27	—	PFD SECS INC ETF	33739E108
XLF	SELECT SECTOR SPDR TR	216,007	$6,048	1.1%	$24.56	—	SBI INT-FINL	81369Y605
SCHA	SCHWAB STRATEGIC TR	86,318	$6,019	1.1%	$69.07	—	US SML CAP ETF	808524607
GSLC	GOLDMAN SACHS ETF TR	96,840	$5,800	1.0%	$45.53	—	EQUITY ETF	381430503
EMGF	ISHARES INC	134,424	$5,495	1.0%	$40.97	—	MLT FCTR EMG MKT	46434G889
PDBC	INVESCO ACTIVELY MANAGD ETF	345,437	$5,396	1.0%	$16.07	—	OPTIMUM YIELD	46090F100
AAPL	APPLE INC	22,494	$5,038	0.9%	$25.76	+95.0%	COM	037833100
SCHC	SCHWAB STRATEGIC TR	156,116	$4,964	0.9%	$31.50	—	INTL SCEQT ETF	808524888
EZM	WISDOMTREE TR	117,298	$4,626	0.8%	$45.29	—	US MIDCAP FUND	97717W570
SCHZ	SCHWAB STRATEGIC TR	82,561	$4,446	0.8%	$51.60	—	US AGGREGATE B	808524839
IGIB	ISHARES TR	74,779	$4,331	0.8%	$53.91	—	INTRM TR CRP ETF	464288638
RSPT	INVESCO EXCHANGE TRADED FD T	23,294	$4,165	0.7%	$158.70	—	S&P500 EQL TEC	46137V282
ITM	VANECK VECTORS ETF TR	79,154	$3,982	0.7%	$47.47	—	AMT FREE INT ETF	92189H201
FTA	FIRST TR LRG CP VL ALPHADEX	72,473	$3,737	0.7%	$41.12	—	COM SHS	33735J101
DHS	WISDOMTREE TR	49,966	$3,721	0.7%	$66.97	—	US HIGH DIVIDEND	97717W208
GEM	GOLDMAN SACHS ETF TR	113,821	$3,569	0.6%	$31.87	—	ACTIVEBETA EME	381430206
PGX	INVESCO EXCHNG TRADED FD TR	225,880	$3,393	0.6%	$14.52	—	PFD ETF	46138E511
SMLF	ISHARES TR	79,645	$3,177	0.6%	$39.41	—	MULTIFACTOR USA	46434V290
DBEZ	DBX ETF TR	100,287	$3,157	0.6%	$24.62	—	XTRACK MSCI EURO	233051697
RPG	INVESCO EXCHANGE TRADED FD T	26,276	$3,112	0.5%	$114.75	—	S&P500 PUR GWT	46137V266
VLUE	ISHARES TR	37,527	$3,079	0.5%	$79.45	—	EDGE MSCI USA VL	46432F388
VOT	VANGUARD INDEX FDS	20,719	$3,069	0.5%	$103.19	—	MCAP GR IDXVIP	922908538
DES	WISDOMTREE TR	107,779	$2,950	0.5%	$42.42	—	US SMALLCAP DIVD	97717W604
PFF	ISHARES TR	76,679	$2,878	0.5%	$37.54	—	PFD AND INCM SEC	464288687
RPV	INVESCO EXCHANGE TRADED FD T	44,069	$2,857	0.5%	$65.35	—	S&P500 PUR VAL	46137V258
MGK	VANGUARD WORLD FD	21,424	$2,842	0.5%	$83.95	—	MEGA GRWTH IND	921910816
FXO	FIRST TR EXCHANGE TRADED FD	89,276	$2,840	0.5%	$23.96	—	FINLS ALPHADEX	33734X135
SCHG	SCHWAB STRATEGIC TR	33,742	$2,835	0.5%	$56.47	—	US LCAP GR ETF	808524300
HYD	VANECK VECTORS ETF TR	43,043	$2,773	0.5%	$61.04	—	HIGH YLD MUN ETF	92189H409
FEX	FIRST TR LRGE CP CORE ALPHA	45,395	$2,765	0.5%	$44.87	—	COM SHS	33734K109
HEFA	ISHARES TR	92,336	$2,765	0.5%	$25.54	—	HDG MSCI EAFE	46434V803
—	UBS AG JERSEY BRH	131,215	$2,736	0.5%	$25.70	—	ALERIAN INFRST	902641646
MTUM	ISHARES TR	22,623	$2,698	0.5%	$104.37	—	USA MOMENTUM FCT	46432F396
GSIE	GOLDMAN SACHS ETF TR	92,952	$2,630	0.5%	$25.36	—	ACTIVEBETA INT	381430107
DEM	WISDOMTREE TR	63,585	$2,627	0.5%	$36.59	—	EMER MKT HIGH FD	97717W315
DBJP	DBX ETF TR	64,647	$2,574	0.5%	$33.40	—	XTRACK MSCI JAPN	233051507
DTD	WISDOMTREE TR	23,621	$2,341	0.4%	$76.99	—	US TOTAL DIVIDND	97717W109
USMV	ISHARES TR	35,982	$2,306	0.4%	$51.62	—	MSCI MIN VOL ETF	46429B697
FMB	FIRST TR EXCHANG TRADED FD I	41,489	$2,305	0.4%	$52.73	—	MANAGD MUN ETF	33739N108
VMBS	VANGUARD SCOTTSDALE FDS	40,581	$2,161	0.4%	$52.50	—	MORTG-BACK SEC	92206C771
LQD	ISHARES TR	16,771	$2,138	0.4%	$120.40	—	IBOXX INV CP ETF	464287242
DON	WISDOMTREE TR	57,517	$2,088	0.4%	$50.59	—	US MIDCAP DIVID	97717W505
IBB	ISHARES TR	20,488	$2,039	0.4%	$117.23	—	NASDAQ BIOTECH	464287556
BOTZ	GLOBAL X FDS	94,583	$1,894	0.3%	$22.23	—	RBTCS ARTFL INTE	37954Y715
XLK	SELECT SECTOR SPDR TR	22,646	$1,824	0.3%	$46.87	—	TECHNOLOGY	81369Y803
EES	WISDOMTREE TR	50,890	$1,812	0.3%	$40.03	—	US SMALLCAP FUND	97717W562
QQQ	INVESCO QQQ TR	9,404	$1,776	0.3%	$171.62	—	UNIT SER 1	46090E103
—	ETF MANAGERS TR	46,111	$1,725	0.3%	$36.23	—	PRIME CYBR SCRTY	26924G201
OPPJ	WISDOMTREE TR	43,260	$1,702	0.3%	$34.48	—	JPN SCAP HDG EQT	97717W521
SCHF	SCHWAB STRATEGIC TR	53,164	$1,694	0.3%	$31.82	—	INTL EQTY ETF	808524805
MBB	ISHARES TR	15,591	$1,689	0.3%	$106.23	—	MBS ETF	464288588
SPGP	INVESCO EXCHANGE TRADED FD T	29,551	$1,667	0.3%	$50.83	—	S&P 500 GARP ETF	46137V431
VRIG	INVESCO ACTIVELY MANAGD ETF	66,927	$1,666	0.3%	$24.78	—	VAR RATE INVT	46090A879
OPPE	WISDOMTREE TR	54,449	$1,651	0.3%	$26.41	—	EUR HDG SMLCAP	97717X552
FLOT	ISHARES TR	32,080	$1,635	0.3%	$50.57	—	FLTG RATE NT ETF	46429B655
DGRS	WISDOMTREE TR	45,735	$1,627	0.3%	$29.36	—	US S CAP QTY DIV	97717X651
QUAL	ISHARES TR	17,590	$1,625	0.3%	$81.70	—	USA QUALITY FCTR	46432F339
IVW	ISHARES TR	8,745	$1,574	0.3%	$138.05	—	S&P 500 GRWT ETF	464287309
FEM	FIRST TR EXCH TRD ALPHA FD I	63,049	$1,484	0.3%	$20.93	—	EMERG MKT ALPH	33737J182
PRF	INVESCO EXCHANGE TRADED FD T	12,440	$1,466	0.3%	$112.58	—	FTSE RAFI 1000	46137V613
SPY	SPDR S&P 500 ETF TR	4,859	$1,442	0.3%	$215.36	—	TR UNIT	78462F103
VTEB	VANGUARD MUN BD FD INC	25,655	$1,376	0.2%	$50.98	—	TAX EXEMPT BD	922907746
SCHV	SCHWAB STRATEGIC TR	22,623	$1,283	0.2%	$46.24	—	US LCAP VA ETF	808524409
EEMV	ISHARES INC	22,459	$1,282	0.2%	$55.31	—	MIN VOL EMRG MKT	464286533
HYMB	SPDR SERIES TRUST	21,461	$1,274	0.2%	$58.60	—	NUV HGHYLD MUN	78464A284
FNY	FIRST TR EXCNGE TRD ALPHADEX	28,464	$1,274	0.2%	$29.96	—	MID CP GR ALPH	33737M102
VCSH	VANGUARD SCOTTSDALE FDS	15,699	$1,272	0.2%	$80.72	—	SHRT TRM CORP BD	92206C409
IEMG	ISHARES INC	25,166	$1,234	0.2%	$52.16	—	CORE MSCI EMKT	46434G103
HEWJ	ISHARES TR	37,980	$1,183	0.2%	$27.77	—	HDG MSCI JAPAN	46434V886
CIBR	FIRST TR EXCHANGE TRADED FD	42,374	$1,172	0.2%	$24.04	—	NASDAQ CYB ETF	33734X846
FYC	FIRST TR EXCNGE TRD ALPHADEX	24,830	$1,089	0.2%	$31.82	—	SML CP GRW ALP	33737M300
HEZU	ISHARES TR	34,580	$1,069	0.2%	$27.39	—	CUR HD EURZN ETF	46434V639
—	HD SUPPLY HLDGS INC	27,225	$1,067	0.2%	$33.90	—	COM	40416M105
FIW	FIRST TR EXCHANGE TRADED FD	18,976	$1,065	0.2%	$53.69	—	WTR ETF	33733B100
SPLV	INVESCO EXCHNG TRADED FD TR	18,325	$1,061	0.2%	$47.42	—	S&P500 LOW VOL	46138E354
IVV	ISHARES TR	3,537	$1,056	0.2%	$231.28	—	CORE S&P500 ETF	464287200
IJH	ISHARES TR	5,190	$1,003	0.2%	$171.05	—	CORE S&P MCP ETF	464287507
IXN	ISHARES TR	5,404	$1,000	0.2%	$96.85	—	GLOBAL TECH ETF	464287291
IYF	ISHARES TR	7,611	$980	0.2%	$96.68	—	U.S. FINLS ETF	464287788
VYM	VANGUARD WHITEHALL FDS INC	11,017	$978	0.2%	$74.35	—	HIGH DIV YLD	921946406
EEM	ISHARES TR	22,654	$926	0.2%	$37.61	—	MSCI EMG MKT ETF	464287234
SCZ	ISHARES TR	16,104	$922	0.2%	$52.37	—	EAFE SML CP ETF	464288273
GVIP	GOLDMAN SACHS ETF TR	16,330	$909	0.2%	$53.06	—	HEDGE IND ETF	381430545
IWO	ISHARES TR	4,663	$899	0.2%	$141.58	—	RUS 2000 GRW ETF	464287648
ROBO	EXCHANGE TRADED CONCEPTS TR	22,471	$862	0.2%	$32.53	—	ROBO GLB ETF	301505707
VFH	VANGUARD WORLD FDS	12,275	$859	0.2%	$60.88	—	FINANCIALS ETF	92204A405
MDIV	FIRST TR EXCHANGE TRADED FD	46,119	$850	0.2%	$19.14	—	MULTI ASSET DI	33738R100
—	ALPS ETF TR	92,694	$847	0.1%	$12.22	—	ALERIAN MLP	00162Q866
MSFT	MICROSOFT CORP	6,033	$839	0.1%	$65.58	+98.1%	COM	594918104
IJR	ISHARES TR	9,958	$775	0.1%	$75.69	—	CORE S&P SCP ETF	464287804
PRFZ	INVESCO EXCHANGE TRADED FD T	6,004	$762	0.1%	$139.13	—	FTSE RAFI 1500	46137V597
FNX	FIRST TR MID CAP CORE ALPHAD	11,154	$753	0.1%	$53.62	—	COM SHS	33735B108
IUSG	ISHARES TR	11,815	$743	0.1%	$54.55	—	CORE S&P US GWT	464287671
LMBS	FIRST TR EXCHANGE TRADED FD	14,240	$740	0.1%	$51.32	—	FST LOW OPPT EFT	33739Q200
SUB	ISHARES TR	6,900	$735	0.1%	$105.64	—	SHRT NAT MUN ETF	464288158
TIP	ISHARES TR	6,009	$699	0.1%	$113.02	—	TIPS BD ETF	464287176
META	FACEBOOK INC	3,537	$630	0.1%	$115.58	+63.3%	CL A	30303M102
VTIP	VANGUARD MALVERN FDS	12,807	$628	0.1%	$47.90	—	STRM INFPROIDX	922020805
—	WISDOMTREE TR	18,450	$625	0.1%	$44.62	—	US TOTAL MRKT FD	97717W596
VBR	VANGUARD INDEX FDS	4,846	$624	0.1%	$121.81	—	SM CP VAL ETF	922908611
IYW	ISHARES TR	2,982	$609	0.1%	$105.12	—	U.S. TECH ETF	464287721
IJT	ISHARES TR	3,210	$573	0.1%	$146.65	—	S&P SML 600 GWT	464287887
—	HD SUPPLY HLDGS INC	14,000	$549	0.1%	$33.90	—	Put	40416M105
SPYG	SPDR SERIES TRUST	13,814	$537	0.1%	$55.34	—	PRTFLO S&P500 GW	78464A409
VBK	VANGUARD INDEX FDS	2,949	$537	0.1%	$126.52	—	SML CP GRW ETF	922908595
BAC	BANK AMER CORP	18,064	$527	0.1%	$16.77	+46.5%	COM	060505104
VNQ	VANGUARD INDEX FDS	5,610	$523	0.1%	$87.66	—	REAL ESTATE ETF	922908553
XSVM	INVESCO EXCHANGE TRADED FD T	16,599	$507	0.1%	$32.15	—	S&P SMCP VLU MNT	46137V480
JPM	JPMORGAN CHASE & CO	4,243	$499	0.1%	$60.96	+56.0%	COM	46625H100
LMT	LOCKHEED MARTIN CORP	1,274	$497	0.1%	$225.14	+40.6%	COM	539830109
PEY	INVESCO EXCHANGE TRADED FD T	26,964	$494	0.1%	$17.60	—	HIG YLD EQ DIV	46137V563
JNJ	JOHNSON & JOHNSON	3,810	$493	0.1%	$100.45	+9.5%	COM	478160104
VO	VANGUARD INDEX FDS	2,886	$484	0.1%	$131.04	—	MID CAP ETF	922908629
HYLS	FIRST TR EXCHANGE TRADED FD	9,696	$468	0.1%	$47.88	—	FIRST TR TA HIYL	33738D408
DVOL	FIRST TR EXCHANGE-TRADED FD	20,005	$456	0.1%	$22.79	—	DORSY WR MOMNT	33741L108
AMZN	AMAZON COM INC	258	$448	0.1%	$76.26	+21.6%	COM	023135106
DVY	ISHARES TR	4,392	$448	0.1%	$93.13	—	SELECT DIVID ETF	464287168
IJS	ISHARES TR	2,944	$442	0.1%	$117.42	—	SP SMCP600VL ETF	464287879
IWP	ISHARES TR	3,111	$440	0.1%	$101.28	—	RUS MD CP GR ETF	464287481
IDU	ISHARES TR	2,695	$439	0.1%	$127.27	—	U.S. UTILITS ETF	464287697
BABA	ALIBABA GROUP HLDG LTD	2,586	$432	0.1%	$124.52	—	SPONSORED ADS	01609W102
HD	HOME DEPOT INC	1,848	$429	0.1%	$109.22	+71.3%	COM	437076102
DGRE	WISDOMTREE TR	18,180	$426	0.1%	$21.76	—	EM MKTS QTLY DIV	97717W323
FYX	FIRST TR SML CP CORE ALPHA F	6,920	$416	0.1%	$50.97	—	COM SHS	33734Y109
MCD	MCDONALDS CORP	1,872	$402	0.1%	$112.71	+63.9%	COM	580135101
SPHQ	INVESCO EXCHANGE TRADED FD T	11,722	$393	0.1%	$27.82	—	S&P500 QUALITY	46137V241
IJK	ISHARES TR	1,727	$387	0.1%	$169.77	—	S&P MC 400GR ETF	464287606
CSCO	CISCO SYS INC	7,800	$385	0.1%	$27.55	+55.3%	COM	17275R102
DGS	WISDOMTREE TR	8,499	$377	0.1%	$43.46	—	EMG MKTS SMCAP	97717W281
VWO	VANGUARD INTL EQUITY INDEX F	9,335	$376	0.1%	$42.02	—	FTSE EMR MKT ETF	922042858
AMGN	AMGEN INC	1,928	$373	0.1%	$117.02	+35.0%	COM	031162100
RFG	INVESCO EXCHANGE TRADED FD T	2,570	$363	0.1%	$161.58	—	S&P MDCP400 PR	46137V217
DIS	DISNEY WALT CO	2,631	$343	0.1%	$93.41	+43.7%	COM DISNEY	254687106
—	WISDOMTREE TR	11,510	$342	0.1%	$23.54	—	GERMANY HEDEQ FD	97717W448
CVX	CHEVRON CORP NEW	2,613	$310	0.1%	$76.32	+19.9%	COM	166764100
INTC	INTEL CORP	6,001	$309	0.1%	$31.21	+37.8%	COM	458140100
SLQD	ISHARES TR	5,992	$306	0.1%	$50.19	—	0-5YR INVT GR CP	46434V100
RZG	INVESCO EXCHANGE TRADED FD T	2,711	$289	0.1%	$127.01	—	S&P SML600 GWT	46137V175
—	UBS AG LONDON BRH	18,610	$273	0.0%	$19.38	—	ETRAC ALER MLP	90267B682
FXH	FIRST TR EXCHANGE TRADED FD	3,660	$271	0.0%	$59.68	—	HLTH CARE ALPH	33734X143
IMCB	ISHARES TR	1,355	$268	0.0%	$148.79	—	MRGSTR MD CP ETF	464288208
KBWY	INVESCO EXCHNG TRADED FD TR	7,974	$249	0.0%	$35.71	—	KBW PREM YIELD	46138E594
VGT	VANGUARD WORLD FDS	1,147	$247	0.0%	$137.79	—	INF TECH ETF	92204A702
VZ	VERIZON COMMUNICATIONS INC	4,060	$245	0.0%	$35.89	+12.7%	COM	92343V104
SLYG	SPDR SERIES TRUST	4,064	$242	0.0%	$96.96	—	S&P 600 SMCP GRW	78464A201
RSP	INVESCO EXCHANGE TRADED FD T	2,218	$240	0.0%	$101.78	—	S&P500 EQL WGT	46137V357
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,119	$233	0.0%	$204.44	+0.8%	CL B NEW	084670702
WPC	W P CAREY INC	2,552	$228	0.0%	$78.37	—	COM	92936U109
DLS	WISDOMTREE TR	3,476	$221	0.0%	$66.71	—	INTL SMCAP DIV	97717W760
T	AT&T INC	5,371	$203	0.0%	$17.00	0.0%	COM	00206R102
NFLX	NETFLIX INC	747	$200	0.0%	$34.67	-9.7%	COM	64110L106
FCX	FREEPORT-MCMORAN INC	10,000	$0	0.0%	—	—	Call	35671D857