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Exhibit 3 – Top 20 Detractors From S&P 500 YTD Market Cap Gains

Posted September 16, 2021 by Administrator

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Office: 2200 E. River Rd., Suite 109, Tucson, AZ 85718

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Gordian Advisors may only transact business or render personalized investment advice in those states where we are registered, or have ﬁled notice, or are otherwise excluded or exempted from registration requirements. Material discussed is meant for general illustration and/or informational purposes only, and is not to be construed as investment advice. Nothing on this web-site should be interpreted to state or imply that past results are an indication of future performance. Although this information has been gathered from sources believed to be reliable, please note that individual situations may vary. Therefore, any information should be relied upon only when coordinated with individual professional advice.