MFDX vs. CVIE ETF Comparison

Comparison of PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) to Calvert International Responsible Index ETF (CVIE)

MFDX

PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF

MFDX Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of "factor portfolios," each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$30.33

Average Daily Volume

24,135

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CVIE

Calvert International Responsible Index ETF

CVIE Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of large companies in developed markets, excluding the U.S., that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment.

Grade (RS Rating)

Last Trade

$56.67

Average Daily Volume

10,050

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MFDX	CVIE
30 Days	-1.45%	-1.63%
60 Days	-5.23%	-4.44%
90 Days	-4.02%	-4.52%
12 Months	11.37%	12.79%

31 Overlapping Holdings

Symbol	Grade	Weight in MFDX	Weight in CVIE	Overlap
ABBV	D	0.7%	0.47%	0.47%
AER	B	0.01%	0.08%	0.01%
AGCO	D	0.04%	0.1%	0.04%
CCEP	C	0.06%	0.13%	0.06%
CHKP	D	0.12%	0.14%	0.12%
CNI	D	0.16%	0.44%	0.16%
CYBR	B	0.04%	0.11%	0.04%
DEO	F	0.14%	0.41%	0.14%
GRMN	B	0.26%	0.15%	0.15%
HSBH	B	0.4%	0.9%	0.4%
ICLR	D	0.08%	0.12%	0.08%
LOGI	D	0.13%	0.05%	0.05%
LYG	F	0.1%	0.27%	0.1%
MFG	B	0.36%	0.34%	0.34%
MNDY	C	0.02%	0.08%	0.02%
MUFG	B	0.39%	0.72%	0.39%
NMR	B	0.07%	0.14%	0.07%
NVS	D	0.61%	0.98%	0.61%
NXPI	D	0.32%	0.27%	0.27%
QGEN	D	0.04%	0.05%	0.04%
RBA	A	0.11%	0.11%	0.11%
SE	B	0.22%	0.15%	0.15%
SMFG	B	0.27%	0.52%	0.27%
SONY	B	0.03%	0.66%	0.03%
SPOT	B	0.22%	0.31%	0.22%
STLA	F	0.06%	0.12%	0.06%
TM	D	0.21%	1.13%	0.21%
UL	D	1.11%	0.76%	0.76%
WCN	A	0.21%	0.34%	0.21%
WFG	D	0.08%	0.05%	0.05%
WIX	B	0.06%	0.07%	0.06%

MFDX Overweight 20 Positions Relative to CVIE

Symbol	Grade	Weight
TT	A	0.37%
MDT	D	0.34%
BCS	C	0.28%
ARM	D	0.28%
HMC	F	0.16%
TEVA	D	0.1%
GOLD	D	0.09%
E	F	0.08%
LULU	C	0.07%
ALLE	D	0.05%
ALV	C	0.04%
PDS	C	0.03%
AEI	D	0.03%
DOOO	F	0.02%
ASND	D	0.02%
FRO	F	0.02%
SFL	D	0.01%
YY	C	0.01%
MBAVU	D	0.0%
CSIQ	F	0.0%

MFDX Underweight 14 Positions Relative to CVIE

Symbol	Grade	Weight
SHOP	B	-0.79%
TD	F	-0.53%
CB	C	-0.47%
KB	B	-0.13%
UMC	F	-0.12%
SHG	D	-0.11%
FLEX	A	-0.1%
NICE	C	-0.08%
ONON	A	-0.07%
CHT	D	-0.07%
XRX	F	-0.06%
GRAB	B	-0.04%
BNTX	D	-0.04%
OTEX	D	-0.03%