MFUS vs. DGRO ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to iShares Core Dividend Growth ETF (DGRO)

MFUS

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

MFUS Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor U.S. 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 U.S. Index. The underlying index is constructed by RAFI Indices, LLC (the index provider) 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, momentum and size.

Grade (RS Rating)

Last Trade

$50.35

Average Daily Volume

7,922

Number of Holdings ^*

809

* may have additional holdings in another (foreign) market

DGRO

iShares Core Dividend Growth ETF

DGRO Description

The investment seeks to track the investment results of the Morningstar® U.S. Dividend Growth IndexSM. The index is a dividend dollars weighted index that seeks to measure the performance of U.S. companies selected based on a consistent history of growing dividends. The index is a subset of the Morningstar® U.S. Market IndexSM, which is a diversified broad market index that represents approximately 97% of the market capitalization of publicly-traded U.S. stocks. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$62.65

Average Daily Volume

1,194,411

Number of Holdings ^*

410

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	DGRO
30 Days	3.55%	2.53%
60 Days	10.60%	9.02%
90 Days	6.54%	9.17%
12 Months	36.03%	31.86%

297 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in DGRO	Overlap
A	B	0.05%	0.07%	0.05%
AAPL	C	0.97%	2.85%	0.97%
ABBV	C	1.56%	2.52%	1.56%
ABM	D	0.04%	0.01%	0.01%
ACN	B	0.23%	0.74%	0.23%
ADM	F	0.25%	0.22%	0.22%
ADP	A	0.1%	0.52%	0.1%
AEP	C	0.09%	0.43%	0.09%
AES	C	0.02%	0.13%	0.02%
AFL	A	0.22%	0.24%	0.22%
AGCO	D	0.02%	0.02%	0.02%
AIZ	B	0.08%	0.04%	0.04%
AJG	C	0.14%	0.11%	0.11%
ALL	A	0.26%	0.23%	0.23%
AMAT	C	0.59%	0.34%	0.34%
AMGN	D	1.01%	1.08%	1.01%
AMP	A	0.12%	0.15%	0.12%
AON	A	0.23%	0.14%	0.14%
AOS	C	0.1%	0.04%	0.04%
APH	D	0.11%	0.13%	0.11%
ARES	A	0.08%	0.18%	0.08%
ATO	A	0.02%	0.11%	0.02%
ATR	A	0.08%	0.03%	0.03%
AVGO	B	1.68%	2.41%	1.68%
AVT	B	0.04%	0.03%	0.03%
AVY	D	0.1%	0.07%	0.07%
AWI	A	0.03%	0.01%	0.01%
AXP	A	0.21%	0.39%	0.21%
BAC	B	0.39%	1.5%	0.39%
BAH	C	0.15%	0.06%	0.06%
BAX	D	0.05%	0.13%	0.05%
BC	C	0.06%	0.03%	0.03%
BCC	C	0.07%	0.01%	0.01%
BDX	C	0.12%	0.26%	0.12%
BK	A	0.17%	0.34%	0.17%
BLK	A	0.17%	0.75%	0.17%
BMY	A	0.36%	1.18%	0.36%
BR	B	0.16%	0.09%	0.09%
BRC	C	0.01%	0.01%	0.01%
BRO	A	0.11%	0.03%	0.03%
BWXT	A	0.09%	0.02%	0.02%
C	B	0.63%	1.06%	0.63%
CADE	B	0.01%	0.02%	0.01%
CAH	B	0.24%	0.11%	0.11%
CASY	D	0.15%	0.02%	0.02%
CAT	A	0.2%	0.74%	0.2%
CB	A	0.17%	0.32%	0.17%
CBSH	D	0.01%	0.03%	0.01%
CBT	B	0.05%	0.02%	0.02%
CDW	D	0.04%	0.08%	0.04%
CE	D	0.04%	0.08%	0.04%
CFR	B	0.01%	0.06%	0.01%
CHD	D	0.07%	0.07%	0.07%
CHE	D	0.06%	0.01%	0.01%
CHRW	C	0.14%	0.07%	0.07%
CINF	A	0.02%	0.12%	0.02%
CL	D	0.41%	0.37%	0.37%
CMA	C	0.04%	0.09%	0.04%
CMCSA	B	0.16%	1.19%	0.16%
CME	A	0.14%	0.38%	0.14%
CMI	A	0.13%	0.25%	0.13%
CMS	A	0.03%	0.14%	0.03%
CNO	B	0.04%	0.02%	0.02%
COP	D	0.07%	0.85%	0.07%
COST	C	1.36%	0.47%	0.47%
CRI	D	0.06%	0.03%	0.03%
CSCO	A	0.61%	1.6%	0.61%
CSL	A	0.02%	0.05%	0.02%
CSX	D	0.11%	0.22%	0.11%
CTAS	C	0.19%	0.12%	0.12%
CTVA	A	0.04%	0.11%	0.04%
CVX	B	0.36%	2.68%	0.36%
CW	A	0.1%	0.01%	0.01%
DCI	B	0.04%	0.03%	0.03%
DDS	D	0.03%	0.0%	0.0%
DFS	A	0.08%	0.17%	0.08%
DG	F	0.1%	0.13%	0.1%
DGX	D	0.09%	0.08%	0.08%
DHI	C	0.07%	0.08%	0.07%
DHR	D	0.28%	0.16%	0.16%
DKS	D	0.09%	0.06%	0.06%
DLB	D	0.02%	0.02%	0.02%
DOV	C	0.02%	0.07%	0.02%
DPZ	D	0.13%	0.05%	0.05%
DTE	B	0.02%	0.2%	0.02%
DUK	C	0.14%	0.74%	0.14%
EBAY	A	0.38%	0.13%	0.13%
ECL	C	0.08%	0.14%	0.08%
ED	C	0.06%	0.26%	0.06%
EIX	C	0.05%	0.28%	0.05%
ELV	F	0.2%	0.34%	0.2%
EMN	C	0.04%	0.1%	0.04%
EMR	B	0.07%	0.3%	0.07%
EQH	B	0.08%	0.06%	0.06%
ERIE	A	0.06%	0.03%	0.03%
ES	D	0.04%	0.23%	0.04%
ESNT	A	0.01%	0.03%	0.01%
ETR	A	0.04%	0.24%	0.04%
EVR	C	0.11%	0.03%	0.03%
EWBC	B	0.02%	0.07%	0.02%
EXPD	D	0.09%	0.05%	0.05%
FAF	C	0.02%	0.05%	0.02%
FAST	C	0.11%	0.21%	0.11%
FDS	C	0.04%	0.04%	0.04%
FELE	C	0.01%	0.01%	0.01%
FIS	A	0.07%	0.19%	0.07%
FIX	A	0.05%	0.01%	0.01%
FLO	D	0.04%	0.05%	0.04%
FNF	C	0.03%	0.12%	0.03%
G	A	0.05%	0.02%	0.02%
GATX	F	0.04%	0.02%	0.02%
GD	C	0.24%	0.32%	0.24%
GGG	C	0.03%	0.04%	0.03%
GILD	A	0.79%	0.91%	0.79%
GLW	C	0.19%	0.21%	0.19%
GNTX	D	0.05%	0.03%	0.03%
GOLF	F	0.01%	0.01%	0.01%
GPI	C	0.09%	0.01%	0.01%
GS	B	0.35%	0.94%	0.35%
GWW	B	0.19%	0.09%	0.09%
HCA	C	0.3%	0.12%	0.12%
HD	A	0.6%	2.21%	0.6%
HEI	C	0.04%	0.0%	0.0%
HEI	C	0.04%	0.0%	0.0%
HIG	A	0.06%	0.13%	0.06%
HII	F	0.03%	0.05%	0.03%
HLI	A	0.07%	0.03%	0.03%
HPQ	B	0.29%	0.27%	0.27%
HRB	C	0.08%	0.04%	0.04%
HRL	F	0.02%	0.08%	0.02%
HSY	D	0.06%	0.18%	0.06%
HUBB	A	0.03%	0.07%	0.03%
IBM	A	1.14%	1.48%	1.14%
ICE	A	0.3%	0.23%	0.23%
IEX	D	0.08%	0.05%	0.05%
INGR	B	0.06%	0.05%	0.05%
IOSP	F	0.01%	0.01%	0.01%
IPG	D	0.04%	0.12%	0.04%
IR	A	0.08%	0.01%	0.01%
ITT	C	0.08%	0.03%	0.03%
ITW	C	0.1%	0.41%	0.1%
JBHT	D	0.02%	0.03%	0.02%
JEF	A	0.02%	0.06%	0.02%
JKHY	A	0.1%	0.04%	0.04%
JNJ	D	1.28%	2.69%	1.28%
JPM	C	0.88%	2.81%	0.88%
K	B	0.15%	0.14%	0.14%
KLAC	B	0.28%	0.19%	0.19%
KMB	D	0.18%	0.38%	0.18%
KO	C	1.16%	1.76%	1.16%
KR	C	0.37%	0.22%	0.22%
KTB	C	0.05%	0.03%	0.03%
LAD	C	0.02%	0.02%	0.02%
LANC	F	0.04%	0.02%	0.02%
LECO	D	0.05%	0.04%	0.04%
LHX	A	0.23%	0.21%	0.21%
LII	C	0.22%	0.03%	0.03%
LLY	D	2.87%	0.96%	0.96%
LMT	A	0.82%	0.63%	0.63%
LNT	B	0.02%	0.12%	0.02%
LOW	C	0.34%	0.65%	0.34%
LPX	C	0.08%	0.02%	0.02%
LRCX	D	0.19%	0.26%	0.19%
LSTR	F	0.09%	0.01%	0.01%
LW	D	0.03%	0.05%	0.03%
MA	A	0.27%	0.5%	0.27%
MAN	D	0.03%	0.04%	0.03%
MAS	C	0.06%	0.06%	0.06%
MATX	C	0.03%	0.01%	0.01%
MCD	A	0.55%	1.16%	0.55%
MCK	F	0.5%	0.08%	0.08%
MCO	D	0.12%	0.12%	0.12%
MDLZ	D	0.26%	0.52%	0.26%
MDU	C	0.03%	0.02%	0.02%
MET	A	0.32%	0.33%	0.32%
MKC	C	0.06%	0.1%	0.06%
MKTX	B	0.02%	0.03%	0.02%
MLM	F	0.07%	0.04%	0.04%
MMC	D	0.19%	0.36%	0.19%
MORN	B	0.03%	0.01%	0.01%
MOS	F	0.01%	0.07%	0.01%
MPWR	B	0.1%	0.06%	0.06%
MRK	F	1.0%	1.78%	1.0%
MS	A	0.18%	1.14%	0.18%
MSA	F	0.03%	0.02%	0.02%
MSCI	B	0.06%	0.12%	0.06%
MSI	A	0.18%	0.15%	0.15%
MSM	D	0.06%	0.04%	0.04%
MTB	A	0.03%	0.22%	0.03%
MTG	A	0.03%	0.03%	0.03%
NDAQ	C	0.05%	0.09%	0.05%
NDSN	C	0.05%	0.04%	0.04%
NEE	C	0.25%	0.98%	0.25%
NFG	A	0.05%	0.04%	0.04%
NI	A	0.02%	0.11%	0.02%
NKE	D	0.07%	0.46%	0.07%
NNI	B	0.01%	0.0%	0.0%
NOC	B	0.38%	0.28%	0.28%
NSC	C	0.07%	0.27%	0.07%
NSP	F	0.02%	0.02%	0.02%
NTAP	D	0.1%	0.1%	0.1%
NTRS	B	0.03%	0.14%	0.03%
NUE	D	0.08%	0.13%	0.08%
NXST	D	0.05%	0.05%	0.05%
NYT	C	0.04%	0.02%	0.02%
OC	C	0.02%	0.05%	0.02%
ODFL	F	0.02%	0.05%	0.02%
OMC	C	0.06%	0.13%	0.06%
ORCL	A	1.38%	0.63%	0.63%
OSK	F	0.03%	0.03%	0.03%
OTIS	A	0.08%	0.16%	0.08%
PAG	D	0.02%	0.02%	0.02%
PB	D	0.01%	0.05%	0.01%
PEG	A	0.06%	0.29%	0.06%
PEP	F	0.77%	1.66%	0.77%
PFG	A	0.01%	0.17%	0.01%
PG	D	1.04%	2.18%	1.04%
PH	A	0.13%	0.21%	0.13%
PHM	C	0.11%	0.04%	0.04%
PNC	C	0.11%	0.6%	0.11%
PNM	B	0.02%	0.04%	0.02%
PNR	C	0.02%	0.04%	0.02%
PNW	C	0.01%	0.09%	0.01%
POOL	D	0.07%	0.05%	0.05%
PPG	D	0.05%	0.16%	0.05%
PSX	D	0.23%	0.46%	0.23%
PWR	A	0.11%	0.01%	0.01%
QCOM	D	0.8%	0.89%	0.8%
R	C	0.07%	0.04%	0.04%
RGA	B	0.06%	0.06%	0.06%
RGLD	C	0.04%	0.03%	0.03%
RHI	D	0.02%	0.06%	0.02%
RLI	A	0.03%	0.01%	0.01%
RMD	C	0.17%	0.07%	0.07%
ROP	D	0.06%	0.07%	0.06%
RPM	A	0.12%	0.06%	0.06%
RS	D	0.04%	0.06%	0.04%
RSG	D	0.13%	0.1%	0.1%
RTX	A	0.23%	0.78%	0.23%
RUSHA	D	0.03%	0.01%	0.01%
SBUX	B	0.09%	0.59%	0.09%
SCI	D	0.06%	0.04%	0.04%
SEIC	B	0.07%	0.02%	0.02%
SF	A	0.01%	0.04%	0.01%
SHOO	A	0.03%	0.02%	0.02%
SHW	C	0.22%	0.16%	0.16%
SIGI	D	0.01%	0.02%	0.01%
SJM	D	0.04%	0.11%	0.04%
SLGN	B	0.05%	0.02%	0.02%
SO	A	0.13%	0.73%	0.13%
SON	D	0.04%	0.05%	0.04%
SPGI	C	0.27%	0.26%	0.26%
SR	D	0.01%	0.04%	0.01%
SRE	C	0.08%	0.37%	0.08%
SSB	C	0.01%	0.04%	0.01%
SSNC	C	0.02%	0.05%	0.02%
STE	D	0.08%	0.05%	0.05%
STLD	C	0.04%	0.07%	0.04%
STZ	D	0.06%	0.16%	0.06%
SYF	A	0.24%	0.1%	0.1%
SYY	D	0.13%	0.24%	0.13%
TEX	F	0.05%	0.01%	0.01%
TGT	C	0.77%	0.5%	0.5%
THG	A	0.04%	0.03%	0.03%
THO	C	0.07%	0.02%	0.02%
TKR	B	0.04%	0.02%	0.02%
TMO	D	0.33%	0.14%	0.14%
TRV	B	0.2%	0.22%	0.2%
TSCO	A	0.12%	0.11%	0.11%
TTC	F	0.07%	0.04%	0.04%
TTEK	A	0.02%	0.01%	0.01%
TXRH	A	0.06%	0.04%	0.04%
UFPI	C	0.07%	0.02%	0.02%
UNH	B	0.79%	1.75%	0.79%
UNM	A	0.04%	0.07%	0.04%
UNP	F	0.54%	0.74%	0.54%
UPS	D	0.25%	1.14%	0.25%
V	B	0.28%	0.77%	0.28%
VRSK	D	0.17%	0.05%	0.05%
VST	A	0.21%	0.1%	0.1%
WAL	C	0.02%	0.04%	0.02%
WM	B	0.26%	0.25%	0.25%
WMS	D	0.02%	0.01%	0.01%
WMT	A	1.68%	0.84%	0.84%
WOR	F	0.01%	0.0%	0.0%
WRB	C	0.02%	0.02%	0.02%
WSM	C	0.21%	0.07%	0.07%
WSO	C	0.2%	0.09%	0.09%
WST	D	0.04%	0.01%	0.01%
WTFC	B	0.01%	0.03%	0.01%
WTW	C	0.1%	0.09%	0.09%
XOM	A	0.42%	2.98%	0.42%
XRAY	D	0.03%	0.03%	0.03%
XYL	C	0.12%	0.08%	0.08%
YUM	C	0.12%	0.18%	0.12%
ZION	D	0.01%	0.06%	0.01%
ZTS	C	0.06%	0.19%	0.06%

MFUS Overweight 513 Positions Relative to DGRO

Symbol	Grade	Weight
META	A	2.37%
BRK.A	B	2.37%
NVDA	B	1.64%
AMZN	C	1.6%
VZ	C	1.11%
PM	D	0.83%
T	B	0.74%
WFC	B	0.73%
CVS	D	0.71%
MO	D	0.66%
PFE	D	0.64%
MMM	C	0.63%
GE	B	0.61%
PGR	B	0.6%
REGN	D	0.49%
NFLX	A	0.46%
TJX	D	0.38%
TMUS	A	0.38%
MPC	D	0.36%
BKNG	B	0.36%
AIG	C	0.34%
GM	D	0.32%
NOW	B	0.31%
TXN	C	0.3%
AZO	D	0.29%
THC	D	0.29%
CHTR	D	0.25%
COF	A	0.24%
ANF	D	0.24%
PRU	B	0.23%
UBER	C	0.23%
BBY	C	0.23%
ISRG	C	0.23%
NEM	C	0.22%
PANW	B	0.22%
VRTX	D	0.22%
FICO	C	0.21%
BSX	A	0.2%
SFM	A	0.2%
GIS	C	0.2%
CMG	C	0.2%
INTC	D	0.19%
ORLY	A	0.19%
LYB	B	0.18%
UTHR	C	0.18%
TDG	A	0.17%
DVA	C	0.17%
VLO	F	0.16%
SPG	A	0.16%
EA	D	0.16%
KHC	F	0.16%
AMT	D	0.16%
TSN	D	0.16%
CI	D	0.15%
DECK	B	0.15%
HWM	A	0.15%
F	D	0.15%
MUSA	D	0.15%
MU	D	0.15%
KKR	A	0.14%
SMCI	F	0.14%
ANET	A	0.14%
IT	A	0.14%
PLTR	A	0.14%
EXR	D	0.13%
EFX	D	0.13%
CEG	A	0.13%
VTRS	D	0.13%
JNPR	C	0.13%
CLX	C	0.12%
IRM	B	0.12%
DD	C	0.11%
LDOS	A	0.11%
BX	C	0.11%
WBA	F	0.11%
PYPL	A	0.11%
WELL	C	0.11%
NVR	C	0.1%
MTD	C	0.1%
USB	C	0.1%
FOXA	B	0.1%
CRS	B	0.1%
HPE	B	0.1%
PSA	C	0.1%
GDDY	B	0.1%
AEO	C	0.09%
OKE	A	0.09%
TRGP	A	0.09%
ALSN	A	0.09%
EHC	C	0.09%
URI	C	0.09%
KMI	A	0.09%
HLT	A	0.09%
TMHC	C	0.09%
JXN	A	0.09%
DASH	A	0.09%
CACI	A	0.09%
SLG	C	0.08%
BIIB	F	0.08%
TAP	D	0.08%
IP	C	0.08%
TFC	D	0.08%
TYL	D	0.08%
CCI	D	0.08%
CPRT	B	0.08%
BALL	C	0.08%
ADSK	B	0.08%
RCL	B	0.08%
GEHC	C	0.08%
TROW	D	0.08%
AYI	A	0.08%
WDC	C	0.08%
DLR	C	0.08%
GPK	D	0.08%
WMB	A	0.08%
KDP	C	0.08%
NSIT	B	0.07%
BKR	B	0.07%
AN	D	0.07%
PKG	B	0.07%
MTH	C	0.07%
ROL	C	0.07%
HCC	C	0.07%
VNO	B	0.07%
MLI	B	0.07%
WU	D	0.07%
ALNY	C	0.07%
MNST	D	0.07%
GLPI	C	0.07%
WCC	D	0.07%
LEN	C	0.07%
EXC	C	0.07%
NRG	A	0.07%
D	A	0.07%
UHS	D	0.07%
CALM	A	0.07%
ABG	D	0.07%
CNC	F	0.06%
SEE	C	0.06%
CNX	A	0.06%
FFIV	B	0.06%
L	C	0.06%
COIN	F	0.06%
JLL	C	0.06%
AMG	B	0.06%
FTNT	A	0.06%
TPH	C	0.06%
BERY	C	0.06%
IDXX	D	0.06%
JCI	C	0.06%
PK	D	0.06%
CPT	C	0.06%
MMS	C	0.06%
O	C	0.06%
FCN	C	0.06%
TTWO	D	0.06%
CCK	C	0.06%
EXP	C	0.06%
TOL	C	0.06%
ARW	C	0.05%
MHO	C	0.05%
CBRE	C	0.05%
CUBE	C	0.05%
URBN	F	0.05%
FANG	D	0.05%
IBKR	A	0.05%
CAG	D	0.05%
VLTO	A	0.05%
HBI	B	0.05%
GNRC	B	0.05%
USFD	C	0.05%
CPB	D	0.05%
COOP	B	0.05%
SQ	D	0.05%
ATI	C	0.05%
SEB	F	0.05%
VIRT	B	0.05%
ANSS	D	0.05%
WAT	B	0.05%
LPLA	D	0.05%
WAB	A	0.05%
LUMN	C	0.05%
WEN	B	0.05%
MTN	D	0.05%
ATGE	D	0.05%
ALLY	F	0.05%
BTU	B	0.05%
FCNCA	D	0.05%
OGN	F	0.05%
APP	A	0.05%
GAP	F	0.05%
SKYW	B	0.05%
CARR	A	0.05%
LAMR	C	0.05%
TW	A	0.05%
POST	C	0.05%
SUI	D	0.05%
CMC	D	0.05%
SLM	B	0.05%
KBH	D	0.04%
TDS	C	0.04%
AVTR	D	0.04%
DBRG	D	0.04%
PAYX	B	0.04%
BHF	D	0.04%
IFF	D	0.04%
BLD	D	0.04%
MANH	A	0.04%
PPL	C	0.04%
TER	C	0.04%
CVLT	B	0.04%
TRN	C	0.04%
BDC	A	0.04%
WTM	C	0.04%
JHG	A	0.04%
EXEL	B	0.04%
JWN	D	0.04%
NWSA	D	0.04%
ASO	D	0.04%
EQR	C	0.04%
CLH	B	0.04%
ADBE	F	0.04%
COLD	D	0.04%
SLVM	C	0.04%
NBIX	F	0.04%
PSTG	F	0.04%
PTC	B	0.04%
EME	B	0.04%
ELS	D	0.04%
HUBG	D	0.04%
MAC	B	0.04%
AMH	D	0.04%
CPNG	C	0.04%
UHAL	C	0.04%
FITB	C	0.04%
FLEX	B	0.04%
INVH	D	0.04%
MAR	A	0.04%
AROC	B	0.04%
VRSN	C	0.04%
TGNA	B	0.04%
FTI	B	0.04%
ULTA	D	0.04%
CRBG	B	0.04%
SCHW	D	0.04%
SMG	C	0.04%
VTR	C	0.04%
AGNC	B	0.04%
KD	D	0.04%
LOPE	D	0.04%
OLN	D	0.04%
FL	F	0.04%
SRCL	B	0.04%
BLDR	C	0.04%
AR	C	0.04%
GVA	A	0.04%
CRUS	D	0.04%
SIG	C	0.04%
MOG.A	C	0.04%
BKE	B	0.03%
APAM	B	0.03%
NEU	F	0.03%
FHI	A	0.03%
PLXS	A	0.03%
KSS	D	0.03%
THS	D	0.03%
DRH	B	0.03%
LNC	B	0.03%
STC	D	0.03%
LZB	D	0.03%
HXL	F	0.03%
RYN	C	0.03%
UNF	A	0.03%
DELL	C	0.03%
WHR	C	0.03%
ADNT	F	0.03%
MRO	B	0.03%
COKE	C	0.03%
HOG	D	0.03%
JBL	C	0.03%
XPO	F	0.03%
DLTR	F	0.03%
AKAM	D	0.03%
HBAN	B	0.03%
DK	F	0.03%
SBAC	C	0.03%
CPAY	A	0.03%
BKU	D	0.03%
VC	F	0.03%
MASI	B	0.03%
OI	D	0.03%
DRI	C	0.03%
GMS	B	0.03%
RL	B	0.03%
COHR	B	0.03%
APLE	B	0.03%
BURL	C	0.03%
UDR	C	0.03%
WPC	C	0.03%
HOOD	B	0.03%
X	F	0.03%
PRG	C	0.03%
GNW	A	0.03%
BFAM	C	0.03%
MC	B	0.03%
WH	C	0.03%
SM	D	0.03%
AVB	C	0.03%
RPRX	D	0.03%
TFX	C	0.03%
GBX	C	0.03%
AVA	D	0.03%
IVZ	A	0.03%
HOLX	D	0.03%
ACM	A	0.03%
BJ	B	0.03%
HSIC	D	0.03%
AMKR	F	0.03%
CFG	C	0.03%
DOX	B	0.03%
TPX	C	0.03%
GEO	D	0.03%
PRIM	A	0.03%
SEM	D	0.03%
FE	C	0.03%
SANM	D	0.03%
KEX	C	0.02%
TDC	D	0.02%
GES	F	0.02%
BHE	C	0.02%
PHIN	D	0.02%
DAN	D	0.02%
CWEN	C	0.02%
AXTA	C	0.02%
KIM	C	0.02%
FR	D	0.02%
ALGN	D	0.02%
DNOW	F	0.02%
EVRG	C	0.02%
APG	F	0.02%
BEN	F	0.02%
CROX	C	0.02%
NWL	D	0.02%
VSCO	C	0.02%
HP	D	0.02%
VFC	A	0.02%
SATS	C	0.02%
LXP	D	0.02%
JBLU	B	0.02%
ODP	F	0.02%
HNI	B	0.02%
SNDR	D	0.02%
APOG	B	0.02%
LEG	D	0.02%
VSH	F	0.02%
CCL	C	0.02%
BXP	B	0.02%
DORM	C	0.02%
ANDE	D	0.02%
OSIS	C	0.02%
ZBRA	B	0.02%
SAM	D	0.02%
ESS	D	0.02%
M	D	0.02%
HST	D	0.02%
NAVI	D	0.02%
LNW	F	0.02%
GWRE	A	0.02%
VVV	D	0.02%
MCY	B	0.02%
YELP	D	0.02%
PMT	B	0.02%
CC	D	0.02%
EPC	F	0.02%
MAA	D	0.02%
BRKR	D	0.02%
VSTO	B	0.02%
NTCT	C	0.02%
DOW	B	0.02%
RLJ	D	0.02%
GHC	A	0.02%
SXT	C	0.02%
OHI	C	0.02%
KBR	A	0.02%
XHR	A	0.02%
CXW	F	0.02%
PBF	F	0.02%
PVH	D	0.02%
AIR	C	0.02%
SKX	B	0.02%
HAE	F	0.02%
SBH	B	0.02%
GMED	B	0.02%
CTLT	A	0.02%
KMPR	D	0.02%
PSN	A	0.02%
GEF	B	0.02%
PFSI	C	0.02%
KEY	B	0.02%
PINC	F	0.02%
RRC	D	0.02%
ACA	C	0.02%
LBRDK	C	0.02%
ORA	C	0.02%
OMF	D	0.02%
PDCO	F	0.02%
WERN	D	0.02%
CG	B	0.02%
HUN	B	0.01%
AAP	F	0.01%
KNX	D	0.01%
NOV	F	0.01%
SCL	D	0.01%
UHAL	C	0.01%
DINO	F	0.01%
PARA	F	0.01%
MLKN	F	0.01%
ARCH	D	0.01%
CACC	F	0.01%
KALU	D	0.01%
ACI	F	0.01%
ECPG	F	0.01%
ELAN	D	0.01%
QRVO	F	0.01%
GIII	C	0.01%
UVV	D	0.01%
MKSI	F	0.01%
ARI	F	0.01%
HTH	F	0.01%
IGT	F	0.01%
WGO	D	0.01%
ARMK	C	0.01%
ESI	C	0.01%
UAL	A	0.01%
CNXN	C	0.01%
ALEX	D	0.01%
RDN	D	0.01%
FDP	C	0.01%
OUT	C	0.01%
IMKTA	F	0.01%
CNS	C	0.01%
SVC	D	0.01%
IDCC	A	0.01%
PPC	C	0.01%
RKT	D	0.01%
UGI	C	0.01%
CLF	D	0.01%
TPR	B	0.01%
SPR	D	0.01%
SWX	C	0.01%
WAFD	D	0.01%
SHO	B	0.01%
CENTA	F	0.01%
PECO	C	0.01%
INCY	B	0.01%
FHN	D	0.01%
AMED	D	0.01%
JBGS	C	0.01%
FLR	B	0.01%
ESAB	C	0.01%
WMK	D	0.01%
SPB	C	0.01%
JELD	D	0.01%
CNM	F	0.01%
ONB	D	0.01%
XRX	D	0.01%
DTM	A	0.01%
DXC	C	0.01%
STRA	F	0.01%
SAIC	A	0.01%
CSGS	B	0.01%
TTMI	D	0.01%
KN	B	0.01%
BBWI	F	0.01%
DY	C	0.01%
CPRI	C	0.01%
VNT	F	0.01%
CR	A	0.01%
LEA	F	0.01%
WBS	D	0.01%
CVI	D	0.01%
OMI	F	0.01%
LADR	D	0.01%
WWD	C	0.01%
AMWD	C	0.01%
GME	D	0.01%
MHK	C	0.01%
NNN	C	0.01%
RBC	C	0.01%
DEI	A	0.01%
SAH	D	0.01%
SNV	D	0.01%
TNET	D	0.01%
H	B	0.01%
REZI	D	0.01%
SLB	D	0.01%
ADC	C	0.01%
PTEN	F	0.01%
ICUI	B	0.01%
MUR	F	0.01%
HE	F	0.01%
GT	F	0.01%
AA	B	0.01%
FYBR	C	0.01%
PSMT	A	0.01%
SCS	D	0.01%
BWA	C	0.01%
LAUR	C	0.01%
RF	B	0.01%
BMRN	F	0.01%
SCCO	B	0.0%
NOMD	D	0.0%
WOLF	F	0.0%

MFUS Underweight 113 Positions Relative to DGRO

Symbol	Grade	Weight
MSFT	D	-2.94%
ABT	C	-0.85%
MDT	C	-0.82%
HON	C	-0.66%
LIN	C	-0.63%
EOG	B	-0.5%
ADI	B	-0.43%
APD	C	-0.39%
ETN	B	-0.38%
XEL	C	-0.28%
SYK	C	-0.26%
NXPI	F	-0.25%
WEC	B	-0.24%
MCHP	F	-0.23%
INTU	F	-0.22%
STT	A	-0.2%
TT	A	-0.19%
TEL	D	-0.19%
AEE	A	-0.17%
FERG	F	-0.16%
PCAR	D	-0.15%
ROK	D	-0.14%
SWK	C	-0.13%
GPC	D	-0.13%
AWK	D	-0.13%
ROST	D	-0.11%
HUM	F	-0.1%
SWKS	F	-0.1%
GRMN	D	-0.1%
SNA	C	-0.09%
COR	F	-0.08%
RJF	B	-0.08%
EG	A	-0.08%
FMC	C	-0.07%
OVV	D	-0.07%
WTRG	D	-0.07%
VMC	D	-0.06%
AME	C	-0.06%
ORI	A	-0.06%
ALB	D	-0.05%
POR	D	-0.05%
AFG	A	-0.05%
PII	D	-0.04%
HOMB	D	-0.04%
GBCI	B	-0.04%
J	F	-0.04%
IDA	D	-0.04%
NJR	C	-0.04%
ALLE	A	-0.04%
BPOP	D	-0.04%
OZK	D	-0.04%
VOYA	A	-0.04%
LCII	C	-0.03%
PRI	A	-0.03%
FBIN	C	-0.03%
NVT	C	-0.03%
PRGO	F	-0.03%
OGS	C	-0.03%
AXS	A	-0.03%
AGO	B	-0.02%
HI	F	-0.02%
CWT	D	-0.02%
SFBS	B	-0.02%
AWR	B	-0.02%
AIT	B	-0.02%
MGEE	C	-0.02%
OLED	B	-0.02%
UMBF	C	-0.02%
LFUS	C	-0.02%
ASH	F	-0.02%
WLK	C	-0.02%
OTTR	F	-0.02%
RNR	A	-0.02%
SNX	C	-0.02%
HLNE	A	-0.02%
GL	C	-0.02%
CATY	B	-0.02%
AL	D	-0.02%
WD	C	-0.02%
UCB	D	-0.02%
TPL	A	-0.02%
AVNT	C	-0.02%
FBP	B	-0.02%
RRX	B	-0.02%
FFIN	D	-0.02%
KWR	F	-0.01%
BCPC	C	-0.01%
AAON	A	-0.01%
AIN	F	-0.01%
CHDN	C	-0.01%
WING	C	-0.01%
BANF	D	-0.01%
WHD	A	-0.01%
BMI	A	-0.01%
COLM	B	-0.01%
MGRC	D	-0.01%
FUL	F	-0.01%
CGNX	F	-0.01%
WTS	C	-0.01%
POWI	F	-0.01%
JJSF	C	-0.01%
SSD	B	-0.01%
BOKF	B	-0.01%
WDFC	B	-0.01%
IPAR	D	-0.01%
SIRI	C	-0.01%
FCFS	F	-0.01%
EXPO	A	-0.01%
RUSHB	D	-0.0%
ENSG	D	-0.0%
KNSL	B	-0.0%
CSWI	A	-0.0%
KAI	C	-0.0%