MFDX vs. GXUS ETF Comparison

Comparison of PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) to Goldman Sachs MarketBeta Total International Equity ETF (GXUS)

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

$30.36

Average Daily Volume

24,053

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GXUS

Goldman Sachs MarketBeta Total International Equity ETF

GXUS Description

GXUS is a passively managed fund that offers broad-based, vanilla exposure to the global ex-US equity space. The fund holds large- and mid-cap stocks, representing 85% of the free-float market capitalization of developed and emerging markets, excluding the US. Constituents are selected and weighted based on their market capitalization. The funds adviser employs tax management strategies such as in-kind redemptions and tax lot selection, to generally minimize taxable capital gain distributions. The index reconstitutes on a semi-annual basis in May and November. Since the objective of the fund is to track an index, buy and sell decisions do not take into consideration analysis of economic or market factors. The portfolio may become concentrated at times. However, the funds adviser may over- or underweight positions in the index if considered to be appropriate.

Grade (RS Rating)

Last Trade

$44.60

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MFDX	GXUS
30 Days	-2.99%	-3.63%
60 Days	-5.07%	-4.48%
90 Days	-4.42%	-3.99%
12 Months	10.91%	10.95%

33 Overlapping Holdings

Symbol	Grade	Weight in MFDX	Weight in GXUS	Overlap
ABBV	F	0.7%	0.33%	0.33%
AER	A	0.01%	0.07%	0.01%
AGCO	D	0.04%	0.02%	0.02%
BCS	A	0.28%	0.18%	0.18%
CCEP	C	0.06%	0.06%	0.06%
CHKP	C	0.12%	0.06%	0.06%
CNI	F	0.16%	0.23%	0.16%
CYBR	A	0.03%	0.05%	0.03%
DEO	F	0.14%	0.25%	0.14%
E	F	0.08%	0.12%	0.08%
FRO	D	0.02%	0.01%	0.01%
GOLD	C	0.09%	0.11%	0.09%
HMC	F	0.16%	0.14%	0.14%
HSBH	B	0.39%	0.61%	0.39%
ICLR	D	0.08%	0.06%	0.06%
LYG	D	0.09%	0.16%	0.09%
MBAVU	C	0.0%	0.01%	0.0%
MFG	A	0.33%	0.21%	0.21%
MNDY	C	0.02%	0.03%	0.02%
MUFG	B	0.39%	0.49%	0.39%
NMR	B	0.07%	0.07%	0.07%
NVS	F	0.62%	0.74%	0.62%
NXPI	D	0.33%	0.21%	0.21%
RBA	A	0.11%	0.06%	0.06%
SE	A	0.2%	0.14%	0.14%
SMFG	B	0.27%	0.33%	0.27%
SONY	B	0.03%	0.42%	0.03%
STLA	F	0.06%	0.1%	0.06%
TM	F	0.21%	0.71%	0.21%
UL	D	1.11%	0.52%	0.52%
WCN	A	0.21%	0.17%	0.17%
WFG	C	0.08%	0.02%	0.02%
WIX	A	0.05%	0.04%	0.04%

MFDX Overweight 18 Positions Relative to GXUS

Symbol	Grade	Weight
TT	A	0.37%
MDT	D	0.36%
ARM	F	0.29%
GRMN	B	0.27%
SPOT	B	0.19%
LOGI	D	0.13%
TEVA	C	0.1%
LULU	C	0.08%
ALLE	C	0.05%
QGEN	D	0.04%
ALV	C	0.04%
PDS	C	0.03%
AEI	D	0.03%
DOOO	F	0.02%
ASND	F	0.02%
SFL	D	0.01%
YY	B	0.01%
CSIQ	F	0.0%

MFDX Underweight 60 Positions Relative to GXUS

Symbol	Grade	Weight
BABA	D	-0.67%
SHOP	B	-0.47%
HDB	C	-0.42%
TD	D	-0.37%
IBN	C	-0.29%
PDD	F	-0.27%
NU	C	-0.18%
VALE	F	-0.14%
TCOM	B	-0.13%
ARGX	B	-0.13%
BIDU	F	-0.09%
KB	B	-0.09%
SHG	C	-0.07%
UMC	F	-0.06%
LI	F	-0.05%
BEKE	D	-0.05%
XRX	F	-0.05%
CHT	C	-0.05%
WIT	B	-0.04%
ABEV	F	-0.04%
BGNE	D	-0.04%
BNTX	C	-0.04%
GRAB	A	-0.04%
HTHT	D	-0.03%
XPEV	C	-0.03%
OTEX	F	-0.03%
TME	D	-0.03%
ASAI	F	-0.03%
TAL	F	-0.02%
KEP	B	-0.02%
GGB	C	-0.02%
BCH	C	-0.02%
VIPS	F	-0.02%
MMYT	B	-0.02%
BILI	D	-0.02%
NIO	F	-0.02%
FUTU	D	-0.02%
XP	F	-0.02%
YMM	C	-0.02%
ERJ	A	-0.02%
SBLK	F	-0.01%
PAGS	F	-0.01%
LPL	D	-0.01%
ATAT	C	-0.01%
ATHM	C	-0.01%
KT	A	-0.01%
SKM	C	-0.01%
QFIN	A	-0.01%
CSAN	F	-0.01%
STNE	F	-0.01%
ZIM	C	-0.01%
GDS	C	-0.01%
TIGO	D	-0.01%
SBSW	D	-0.01%
BRFS	C	-0.01%
BZ	F	-0.01%
GLBE	B	-0.01%
WB	D	-0.0%
IQ	F	-0.0%
CLBT	B	-0.0%