CVSE vs. RAFE ETF Comparison

Comparison of Calvert US Select Equity ETF (CVSE) to PIMCO RAFI ESG U.S. ETF (RAFE)

CVSE

Calvert US Select Equity ETF

CVSE Description

Under normal circumstances, at least 80% of the fund"s net assets (plus any borrowings for investment purposes) will be invested in the equity securities of U.S. issuers. The fund is actively managed, not designed to track a benchmark, and therefore not constrained by the composition of a benchmark. The fund primarily invests in the equity securities of large capitalization U.S. issuers that are involved in economic activities that address global environmental or societal challenges that relate to areas such as environmental sustainability and resource efficiency.

Grade (RS Rating)

Last Trade

$70.50

Average Daily Volume

945

Number of Holdings ^*

178

* may have additional holdings in another (foreign) market

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$37.82

Average Daily Volume

12,485

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

Performance

Period	CVSE	RAFE
30 Days	2.61%	1.92%
60 Days	4.06%	3.06%
90 Days	5.46%	4.90%
12 Months	30.71%	24.12%

93 Overlapping Holdings

Symbol	Grade	Weight in CVSE	Weight in RAFE	Overlap
A	D	0.31%	0.15%	0.15%
AAPL	C	6.81%	6.52%	6.52%
ACN	C	1.81%	0.97%	0.97%
ADBE	C	0.67%	0.63%	0.63%
ADP	B	0.84%	0.45%	0.45%
AKAM	D	0.14%	0.07%	0.07%
AMAT	F	0.69%	0.81%	0.69%
AMD	F	0.52%	0.06%	0.06%
AMGN	D	0.73%	1.08%	0.73%
AMT	D	0.63%	0.19%	0.19%
AWK	D	0.67%	0.14%	0.14%
AXP	A	0.88%	0.63%	0.63%
BALL	D	0.4%	0.16%	0.16%
BBY	D	0.24%	0.5%	0.24%
BMY	B	0.41%	1.97%	0.41%
BSX	B	0.82%	0.11%	0.11%
CBRE	B	0.69%	0.37%	0.37%
CDNS	B	0.43%	0.13%	0.13%
CHD	B	0.1%	0.07%	0.07%
CMI	A	1.11%	0.21%	0.21%
CRM	B	1.09%	0.58%	0.58%
CSCO	B	0.75%	2.94%	0.75%
DE	A	0.52%	0.54%	0.52%
DELL	C	0.19%	0.13%	0.13%
DHR	F	0.35%	0.46%	0.35%
DIS	B	1.24%	1.2%	1.2%
DVA	B	0.17%	0.17%	0.17%
EA	A	0.1%	0.31%	0.1%
EBAY	D	0.36%	0.41%	0.36%
ECL	D	0.69%	0.26%	0.26%
EL	F	0.22%	0.12%	0.12%
EQR	B	0.18%	0.16%	0.16%
EW	C	0.29%	0.16%	0.16%
FIS	C	0.16%	0.36%	0.16%
FITB	A	0.35%	0.13%	0.13%
GAP	C	0.11%	0.11%	0.11%
GILD	C	0.34%	0.99%	0.34%
GIS	D	0.91%	0.32%	0.32%
GM	B	1.04%	2.16%	1.04%
GPC	D	0.09%	0.08%	0.08%
HAS	D	0.26%	0.05%	0.05%
HD	A	1.33%	1.77%	1.33%
HIG	B	0.21%	0.27%	0.21%
HOLX	D	0.28%	0.11%	0.11%
HPE	B	0.55%	0.7%	0.55%
HPQ	B	0.27%	0.72%	0.27%
HST	C	0.05%	0.11%	0.05%
HUM	C	0.45%	0.41%	0.41%
INTC	D	0.26%	2.85%	0.26%
ITW	B	0.58%	0.31%	0.31%
JLL	D	0.43%	0.21%	0.21%
KLAC	D	0.19%	0.21%	0.19%
LIN	D	0.64%	1.12%	0.64%
LLY	F	2.63%	0.67%	0.67%
LOW	D	0.75%	1.14%	0.75%
LRCX	F	0.15%	0.5%	0.15%
MA	C	1.54%	0.79%	0.79%
MAN	D	0.08%	0.03%	0.03%
MET	A	1.14%	0.7%	0.7%
MOS	F	0.28%	0.19%	0.19%
MRK	F	1.73%	1.69%	1.69%
MSFT	F	7.68%	5.72%	5.72%
MSI	B	0.21%	0.21%	0.21%
MU	D	0.35%	0.95%	0.35%
NDAQ	A	0.4%	0.07%	0.07%
NFLX	A	1.55%	0.09%	0.09%
NKE	D	0.25%	0.48%	0.25%
NVDA	C	7.98%	1.12%	1.12%
OMC	C	0.65%	0.14%	0.14%
ON	D	0.05%	0.1%	0.05%
PFE	D	0.27%	2.32%	0.27%
PGR	A	1.06%	0.25%	0.25%
PLD	D	0.63%	0.08%	0.08%
PRU	A	0.76%	0.51%	0.51%
PYPL	B	0.32%	0.62%	0.32%
QCOM	F	0.3%	1.6%	0.3%
ROK	B	0.31%	0.05%	0.05%
SHW	A	0.61%	0.15%	0.15%
SJM	D	0.4%	0.09%	0.09%
SNPS	B	0.22%	0.08%	0.08%
SPGI	C	2.01%	0.1%	0.1%
STT	A	0.4%	0.26%	0.26%
SWK	D	0.09%	0.11%	0.09%
TGT	F	0.56%	1.18%	0.56%
TJX	A	0.37%	0.49%	0.37%
TPR	B	0.2%	0.16%	0.16%
TROW	B	0.19%	0.12%	0.12%
TSCO	D	0.28%	0.11%	0.11%
TXN	C	0.48%	0.83%	0.48%
V	A	1.44%	1.09%	1.09%
VTR	C	0.14%	0.23%	0.14%
VZ	C	0.9%	1.69%	0.9%
WAT	B	0.18%	0.11%	0.11%

CVSE Overweight 85 Positions Relative to RAFE

Symbol	Grade	Weight
PH	A	1.66%
ETN	A	1.42%
VRSK	A	1.21%
NOW	A	1.11%
ICE	C	1.0%
CAT	B	0.94%
TT	A	0.84%
TRV	B	0.72%
INTU	C	0.7%
TFC	A	0.7%
URI	B	0.68%
ES	D	0.64%
SCHW	B	0.62%
NUE	C	0.61%
CFG	B	0.55%
DFS	B	0.55%
ED	D	0.49%
COF	B	0.47%
EMR	A	0.47%
RMD	C	0.38%
LULU	C	0.36%
ADSK	A	0.36%
STE	F	0.36%
MKC	D	0.34%
DRI	B	0.31%
HUBS	A	0.31%
CLX	B	0.3%
IDXX	F	0.3%
MORN	B	0.3%
ULTA	F	0.29%
HBAN	A	0.28%
WDAY	B	0.28%
PNR	A	0.26%
IPG	D	0.26%
ALNY	D	0.25%
PRI	A	0.24%
MTN	C	0.23%
DAR	C	0.23%
MSA	D	0.22%
EXPD	D	0.22%
BFAM	D	0.21%
VRTX	F	0.2%
WSM	B	0.2%
DECK	A	0.2%
RF	A	0.19%
FMC	D	0.18%
CTAS	B	0.18%
SCI	B	0.18%
KNX	B	0.18%
FCN	D	0.16%
EXR	D	0.15%
MTG	C	0.15%
PANW	C	0.15%
XYL	D	0.14%
CNM	D	0.14%
TWLO	A	0.12%
NEE	D	0.11%
G	B	0.11%
EXAS	D	0.1%
SNOW	C	0.1%
BXP	D	0.1%
MSCI	C	0.1%
REGN	F	0.1%
RL	B	0.09%
PLNT	A	0.09%
IQV	D	0.09%
TTEK	F	0.09%
VRSN	F	0.08%
PODD	C	0.08%
CSGP	D	0.08%
PCTY	B	0.08%
BRX	A	0.06%
DKS	C	0.06%
KEY	B	0.06%
RKT	F	0.06%
FICO	B	0.05%
LITE	B	0.05%
VLTO	D	0.05%
CIEN	B	0.05%
FSLR	F	0.04%
RHI	B	0.04%
ETSY	D	0.03%
CPRT	A	0.03%
HXL	D	0.03%
MRNA	F	0.02%

CVSE Underweight 145 Positions Relative to RAFE

Symbol	Grade	Weight
JPM	A	-4.09%
C	A	-3.25%
JNJ	D	-3.18%
PG	A	-2.84%
WFC	A	-2.82%
T	A	-2.41%
IBM	C	-1.81%
ORCL	B	-1.68%
CMCSA	B	-1.55%
ABBV	D	-1.53%
CI	F	-1.3%
AVGO	D	-1.26%
META	D	-1.2%
ABT	B	-1.18%
F	C	-1.14%
MMM	D	-1.07%
GS	A	-0.98%
KO	D	-0.98%
ELV	F	-0.89%
BAC	A	-0.86%
BLK	C	-0.71%
DD	D	-0.59%
ALL	A	-0.58%
UNH	C	-0.58%
JCI	C	-0.55%
UPS	C	-0.54%
DOW	F	-0.5%
TSLA	B	-0.49%
NEM	D	-0.46%
TMUS	B	-0.46%
FDX	B	-0.45%
WM	A	-0.44%
IP	B	-0.43%
MCK	B	-0.43%
APD	A	-0.42%
CVS	D	-0.4%
WDC	D	-0.37%
ADI	D	-0.37%
CARR	D	-0.37%
CL	D	-0.37%
WELL	A	-0.33%
ADM	D	-0.33%
BDX	F	-0.32%
KMB	D	-0.3%
NTAP	C	-0.29%
MDLZ	F	-0.29%
CAH	B	-0.29%
MAR	B	-0.28%
PEP	F	-0.28%
FI	A	-0.28%
BIIB	F	-0.27%
GEHC	F	-0.27%
CCI	D	-0.27%
WY	D	-0.26%
EIX	B	-0.25%
AMP	A	-0.25%
SYY	B	-0.24%
EQIX	A	-0.24%
OC	A	-0.22%
LUMN	C	-0.21%
WHR	B	-0.21%
PFG	D	-0.2%
PARA	C	-0.2%
KHC	F	-0.2%
PPG	F	-0.2%
LH	C	-0.19%
JNPR	F	-0.19%
IRM	D	-0.19%
FOXA	B	-0.19%
BK	A	-0.19%
K	A	-0.18%
BAX	D	-0.18%
CTSH	B	-0.18%
VFC	C	-0.18%
GWW	B	-0.17%
CF	B	-0.16%
AVB	B	-0.16%
MCO	B	-0.16%
PKG	A	-0.15%
ARW	D	-0.15%
DG	F	-0.15%
HLT	A	-0.15%
KDP	D	-0.14%
ISRG	A	-0.14%
KSS	F	-0.14%
ZTS	D	-0.14%
FAST	B	-0.13%
CNC	D	-0.13%
MRVL	B	-0.13%
COR	B	-0.13%
OTIS	C	-0.12%
SYK	C	-0.12%
IFF	D	-0.12%
PAYX	C	-0.11%
PVH	C	-0.11%
KEYS	A	-0.1%
LKQ	D	-0.09%
WAB	B	-0.09%
SOLV	C	-0.09%
HCA	F	-0.09%
WBA	F	-0.09%
VTRS	A	-0.09%
AVT	C	-0.09%
USFD	A	-0.09%
TER	D	-0.09%
CDW	F	-0.09%
ILMN	D	-0.08%
LNC	B	-0.08%
DOX	D	-0.08%
LEA	D	-0.08%
DXC	B	-0.07%
DGX	A	-0.07%
KIM	A	-0.07%
HUN	F	-0.07%
CAG	D	-0.07%
TSN	B	-0.07%
MAA	B	-0.07%
NTRS	A	-0.07%
NWSA	B	-0.07%
DOV	A	-0.06%
KD	B	-0.06%
HSY	F	-0.06%
HSIC	B	-0.06%
EQH	B	-0.06%
GT	C	-0.06%
MCHP	D	-0.06%
ESS	B	-0.05%
MHK	D	-0.05%
XRX	F	-0.05%
CTVA	C	-0.05%
FL	F	-0.05%
CPB	D	-0.05%
ORLY	B	-0.05%
AAP	C	-0.04%
OGN	D	-0.04%
WU	D	-0.04%
GEN	B	-0.04%
AGCO	D	-0.04%
NWL	B	-0.04%
FLEX	A	-0.04%
RSG	A	-0.04%
M	D	-0.03%
O	D	-0.02%
ANET	C	-0.02%
HRL	D	-0.01%