MFDX vs. SPDW ETF Comparison

Comparison of PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) to SPDR Portfolio World ex-US ETF (SPDW)

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

$30.21

Average Daily Volume

24,053

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPDW

SPDR Portfolio World ex-US ETF

SPDW Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Developed Ex-U.S.BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in developed countries outside the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.15

Average Daily Volume

2,162,564

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	MFDX	SPDW
30 Days	-2.99%	-3.22%
60 Days	-5.07%	-4.95%
90 Days	-4.42%	-5.36%
12 Months	10.91%	11.79%

38 Overlapping Holdings

Symbol	Grade	Weight in MFDX	Weight in SPDW	Overlap
ABBV	F	0.7%	0.4%	0.4%
AEI	D	0.03%	0.02%	0.02%
AER	A	0.01%	0.03%	0.01%
AGCO	D	0.04%	0.03%	0.03%
ARM	F	0.29%	0.06%	0.06%
ASND	F	0.02%	0.02%	0.02%
BCS	A	0.28%	0.2%	0.2%
CCEP	C	0.06%	0.08%	0.06%
CHKP	C	0.12%	0.1%	0.1%
CNI	F	0.16%	0.3%	0.16%
CSIQ	F	0.0%	0.0%	0.0%
CYBR	A	0.03%	0.08%	0.03%
DEO	F	0.14%	0.28%	0.14%
E	F	0.08%	0.15%	0.08%
HMC	F	0.16%	0.19%	0.16%
HSBH	B	0.39%	0.73%	0.39%
ICLR	D	0.08%	0.07%	0.07%
LOGI	D	0.13%	0.06%	0.06%
LYG	D	0.09%	0.21%	0.09%
MBAVU	C	0.0%	0.02%	0.0%
MFG	A	0.33%	0.24%	0.24%
MNDY	C	0.02%	0.04%	0.02%
MUFG	B	0.39%	0.61%	0.39%
NMR	B	0.07%	0.08%	0.07%
NVS	F	0.62%	0.88%	0.62%
PDS	C	0.03%	0.0%	0.0%
QGEN	D	0.04%	0.04%	0.04%
SE	A	0.2%	0.17%	0.17%
SMFG	B	0.27%	0.39%	0.27%
SONY	B	0.03%	0.5%	0.03%
SPOT	B	0.19%	0.28%	0.19%
STLA	F	0.06%	0.12%	0.06%
TEVA	C	0.1%	0.08%	0.08%
TM	F	0.21%	0.9%	0.21%
UL	D	1.11%	0.63%	0.63%
WCN	A	0.21%	0.2%	0.2%
WFG	C	0.08%	0.02%	0.02%
WIX	A	0.05%	0.04%	0.04%

MFDX Overweight 13 Positions Relative to SPDW

Symbol	Grade	Weight
TT	A	0.37%
MDT	D	0.36%
NXPI	D	0.33%
GRMN	B	0.27%
RBA	A	0.11%
GOLD	C	0.09%
LULU	C	0.08%
ALLE	C	0.05%
ALV	C	0.04%
DOOO	F	0.02%
FRO	D	0.02%
SFL	D	0.01%
YY	B	0.01%

MFDX Underweight 70 Positions Relative to SPDW

Symbol	Grade	Weight
SHOP	B	-0.57%
TD	D	-0.44%
KB	B	-0.13%
CPNG	D	-0.11%
SHG	C	-0.09%
PKX	D	-0.08%
MT	B	-0.06%
ONON	A	-0.06%
XRX	F	-0.06%
GRAB	A	-0.05%
FUTU	D	-0.03%
KEP	B	-0.03%
OTEX	F	-0.03%
GLNG	C	-0.03%
GSL	F	-0.03%
BNTX	C	-0.03%
ZIM	C	-0.02%
XENE	D	-0.02%
MRUS	F	-0.02%
KRNT	B	-0.02%
NAT	F	-0.01%
FVRR	B	-0.01%
MLCO	F	-0.01%
URGN	F	-0.01%
IMCR	D	-0.01%
LSPD	C	-0.01%
LPL	D	-0.01%
DAVA	C	-0.01%
AY	A	-0.01%
GLBE	B	-0.01%
LPL	D	-0.01%
GRFS	C	-0.01%
NOMD	D	-0.01%
IGT	F	-0.01%
TAC	A	-0.01%
BIRK	D	-0.01%
MTLS	A	-0.0%
RENB	F	-0.0%
HL	D	-0.0%
CALX	D	-0.0%
TLRY	F	-0.0%
CVAC	F	-0.0%
ORMP	D	-0.0%
AMRN	F	-0.0%
GRVY	C	-0.0%
ADAP	F	-0.0%
EU	D	-0.0%
TMC	F	-0.0%
FREY	B	-0.0%
MNTX	B	-0.0%
INVZ	F	-0.0%
NNOX	C	-0.0%
NBTX	F	-0.0%
NNDM	D	-0.0%
DNN	B	-0.0%
GSM	D	-0.0%
SNDL	D	-0.0%
CHGX	A	-0.0%
ABCL	D	-0.0%
SPNS	F	-0.0%
IMTX	F	-0.0%
JMIA	F	-0.0%
ELBM	D	-0.0%
PIXY	F	-0.0%
SSYS	B	-0.0%
AUPH	B	-0.0%
CSTM	F	-0.0%
RDWR	B	-0.0%
HCM	D	-0.0%
INMD	C	-0.0%