With the following funds up more than 25% -- and the top-performer up nearly 50% -- in three months, clients may be demanding to know why advisors are not including these high-performing ETFs in their portfolios. But advisors won't be so easily swayed.

“This list of top 10 in ETFland looks different every week,” says Ben Johnson, director of global ETF research at Morningstar. “It’s not a very useful list as far as advisors are concerned."

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