MFUS vs. EQAL ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to PowerShares Russell 1000 Equal Weight Portfolio (EQAL)

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

$50.42

Average Daily Volume

7,688

Number of Holdings ^*

809

* may have additional holdings in another (foreign) market

EQAL

PowerShares Russell 1000 Equal Weight Portfolio

EQAL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell 1000® Equal Weight Index. The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Frank Russell Company (the "Index Provider") compiles and maintains the underlying index, which is composed of all of the securities in the Russell 1000® Index (the "Russell 1000") "equally weighted."

Grade (RS Rating)

Last Trade

$48.66

Average Daily Volume

21,418

Number of Holdings ^*

962

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	EQAL
30 Days	2.56%	3.58%
60 Days	4.48%	5.21%
90 Days	6.34%	9.48%
12 Months	31.81%	24.00%

623 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in EQAL	Overlap
A	C	0.05%	0.08%	0.05%
AA	C	0.01%	0.2%	0.01%
AAP	F	0.01%	0.03%	0.01%
AAPL	C	0.97%	0.07%	0.07%
ABBV	B	1.56%	0.09%	0.09%
ACI	F	0.01%	0.15%	0.01%
ACM	B	0.03%	0.05%	0.03%
ACN	C	0.23%	0.05%	0.05%
ADBE	F	0.04%	0.06%	0.04%
ADC	C	0.01%	0.17%	0.01%
ADM	D	0.25%	0.16%	0.16%
ADP	C	0.1%	0.05%	0.05%
ADSK	B	0.08%	0.07%	0.07%
AEP	C	0.09%	0.23%	0.09%
AES	C	0.02%	0.19%	0.02%
AFL	A	0.22%	0.07%	0.07%
AGCO	D	0.02%	0.04%	0.02%
AGNC	B	0.04%	0.07%	0.04%
AIG	D	0.34%	0.06%	0.06%
AIZ	B	0.08%	0.07%	0.07%
AJG	D	0.14%	0.06%	0.06%
AKAM	D	0.03%	0.07%	0.03%
ALGN	D	0.02%	0.08%	0.02%
ALL	C	0.26%	0.07%	0.07%
ALLY	F	0.05%	0.05%	0.05%
ALNY	C	0.07%	0.14%	0.07%
ALSN	B	0.09%	0.05%	0.05%
AMAT	D	0.59%	0.05%	0.05%
AMED	D	0.01%	0.08%	0.01%
AMG	C	0.06%	0.07%	0.06%
AMGN	D	1.01%	0.08%	0.08%
AMH	D	0.04%	0.15%	0.04%
AMKR	F	0.03%	0.05%	0.03%
AMP	B	0.12%	0.06%	0.06%
AMT	C	0.16%	0.17%	0.16%
AMZN	C	1.6%	0.05%	0.05%
AN	C	0.07%	0.06%	0.06%
ANET	C	0.14%	0.55%	0.14%
ANSS	D	0.05%	0.06%	0.05%
AON	B	0.23%	0.07%	0.07%
AOS	B	0.1%	0.05%	0.05%
APG	F	0.02%	0.04%	0.02%
APH	C	0.11%	0.06%	0.06%
APP	C	0.05%	0.1%	0.05%
AR	C	0.04%	0.16%	0.04%
ARES	B	0.08%	0.07%	0.07%
ARMK	B	0.01%	0.06%	0.01%
ARW	B	0.05%	0.06%	0.05%
ATI	C	0.05%	0.05%	0.05%
ATO	B	0.02%	0.23%	0.02%
ATR	B	0.08%	0.05%	0.05%
AVB	C	0.03%	0.16%	0.03%
AVGO	C	1.68%	0.06%	0.06%
AVT	B	0.04%	0.06%	0.04%
AVTR	C	0.04%	0.1%	0.04%
AVY	C	0.1%	0.22%	0.1%
AWI	B	0.03%	0.05%	0.03%
AXP	B	0.21%	0.05%	0.05%
AXTA	B	0.02%	0.05%	0.02%
AYI	B	0.08%	0.05%	0.05%
AZO	B	0.29%	0.05%	0.05%
BAC	D	0.39%	0.06%	0.06%
BAH	B	0.15%	0.04%	0.04%
BALL	C	0.08%	0.05%	0.05%
BAX	C	0.05%	0.09%	0.05%
BBWI	D	0.01%	0.04%	0.01%
BBY	A	0.23%	0.05%	0.05%
BC	C	0.06%	0.05%	0.05%
BDX	D	0.12%	0.08%	0.08%
BEN	F	0.02%	0.06%	0.02%
BERY	B	0.06%	0.05%	0.05%
BFAM	C	0.03%	0.07%	0.03%
BHF	F	0.04%	0.06%	0.04%
BIIB	F	0.08%	0.07%	0.07%
BJ	D	0.03%	0.05%	0.03%
BK	B	0.17%	0.07%	0.07%
BKNG	B	0.36%	0.05%	0.05%
BKR	C	0.07%	0.22%	0.07%
BLD	C	0.04%	0.05%	0.04%
BLDR	C	0.04%	0.06%	0.04%
BLK	B	0.17%	0.07%	0.07%
BMRN	F	0.01%	0.07%	0.01%
BMY	C	0.36%	0.09%	0.09%
BR	C	0.16%	0.06%	0.06%
BRK.A	C	2.37%	0.07%	0.07%
BRKR	D	0.02%	0.08%	0.02%
BRO	C	0.11%	0.07%	0.07%
BSX	B	0.2%	0.08%	0.08%
BURL	C	0.03%	0.06%	0.03%
BWA	C	0.01%	0.05%	0.01%
BWXT	A	0.09%	0.05%	0.05%
BX	C	0.11%	0.08%	0.08%
BXP	C	0.02%	0.19%	0.02%
C	C	0.63%	0.06%	0.06%
CACC	F	0.01%	0.04%	0.01%
CACC	F	0.01%	0.06%	0.01%
CACI	B	0.09%	0.07%	0.07%
CAG	B	0.05%	0.18%	0.05%
CAH	C	0.24%	0.08%	0.08%
CARR	B	0.05%	0.06%	0.05%
CASY	D	0.15%	0.15%	0.15%
CAT	B	0.2%	0.05%	0.05%
CB	B	0.17%	0.07%	0.07%
CBRE	B	0.05%	0.19%	0.05%
CBSH	D	0.01%	0.07%	0.01%
CC	D	0.02%	0.19%	0.02%
CCI	C	0.08%	0.17%	0.08%
CCK	B	0.06%	0.05%	0.05%
CCL	C	0.02%	0.06%	0.02%
CDW	D	0.04%	0.06%	0.04%
CE	D	0.04%	0.22%	0.04%
CEG	C	0.13%	0.18%	0.13%
CFG	D	0.03%	0.07%	0.03%
CFR	C	0.01%	0.07%	0.01%
CG	C	0.02%	0.07%	0.02%
CHD	C	0.07%	0.14%	0.07%
CHE	C	0.06%	0.09%	0.06%
CHRW	B	0.14%	0.05%	0.05%
CHTR	D	0.25%	0.58%	0.25%
CI	C	0.15%	0.08%	0.08%
CINF	C	0.02%	0.07%	0.02%
CL	C	0.41%	0.16%	0.16%
CLF	F	0.01%	0.19%	0.01%
CLH	C	0.04%	0.21%	0.04%
CLX	C	0.12%	0.18%	0.12%
CMA	C	0.04%	0.08%	0.04%
CMCSA	C	0.16%	0.53%	0.16%
CME	B	0.14%	0.07%	0.07%
CMG	D	0.2%	0.05%	0.05%
CMI	B	0.13%	0.05%	0.05%
CMS	B	0.03%	0.23%	0.03%
CNC	D	0.06%	0.09%	0.06%
CNM	F	0.01%	0.04%	0.01%
COF	B	0.24%	0.05%	0.05%
COHR	C	0.03%	0.07%	0.03%
COIN	F	0.06%	0.04%	0.04%
COKE	C	0.03%	0.2%	0.03%
COLD	D	0.04%	0.16%	0.04%
COP	F	0.07%	0.19%	0.07%
COST	C	1.36%	0.05%	0.05%
CPAY	B	0.03%	0.05%	0.03%
CPB	C	0.05%	0.18%	0.05%
CPNG	B	0.04%	0.06%	0.04%
CPRI	D	0.01%	0.06%	0.01%
CPRT	D	0.08%	0.05%	0.05%
CPT	C	0.06%	0.16%	0.06%
CR	B	0.01%	0.05%	0.01%
CRBG	C	0.04%	0.06%	0.04%
CRI	D	0.06%	0.05%	0.05%
CROX	C	0.02%	0.04%	0.02%
CRUS	D	0.04%	0.06%	0.04%
CSCO	B	0.61%	0.54%	0.54%
CSL	B	0.02%	0.05%	0.02%
CSX	C	0.11%	0.05%	0.05%
CTAS	C	0.19%	0.05%	0.05%
CTLT	B	0.02%	0.09%	0.02%
CTVA	B	0.04%	0.17%	0.04%
CUBE	C	0.05%	0.17%	0.05%
CVS	D	0.71%	0.15%	0.15%
CVX	F	0.36%	0.18%	0.18%
CW	B	0.1%	0.05%	0.05%
CWEN	A	0.02%	0.22%	0.02%
D	C	0.07%	0.22%	0.07%
DASH	B	0.09%	0.07%	0.07%
DCI	C	0.04%	0.04%	0.04%
DD	B	0.11%	0.05%	0.05%
DDS	D	0.03%	0.04%	0.03%
DECK	C	0.15%	0.05%	0.05%
DELL	C	0.03%	0.05%	0.03%
DFS	C	0.08%	0.07%	0.07%
DG	F	0.1%	0.03%	0.03%
DGX	B	0.09%	0.09%	0.09%
DHI	C	0.07%	0.07%	0.07%
DHR	B	0.28%	0.09%	0.09%
DINO	F	0.01%	0.17%	0.01%
DKS	D	0.09%	0.05%	0.05%
DLB	D	0.02%	0.06%	0.02%
DLR	B	0.08%	0.15%	0.08%
DLTR	F	0.03%	0.03%	0.03%
DOV	B	0.02%	0.05%	0.02%
DOW	C	0.02%	0.04%	0.02%
DOX	C	0.03%	0.07%	0.03%
DPZ	D	0.13%	0.04%	0.04%
DRI	C	0.03%	0.06%	0.03%
DTE	A	0.02%	0.22%	0.02%
DTM	C	0.01%	0.22%	0.01%
DUK	B	0.14%	0.23%	0.14%
DVA	B	0.17%	0.09%	0.09%
DXC	D	0.01%	0.07%	0.01%
EA	D	0.16%	0.05%	0.05%
EBAY	B	0.38%	0.06%	0.06%
ECL	B	0.08%	0.24%	0.08%
ED	B	0.06%	0.22%	0.06%
EFX	C	0.13%	0.06%	0.06%
EHC	B	0.09%	0.09%	0.09%
EIX	B	0.05%	0.23%	0.05%
ELAN	D	0.01%	0.06%	0.01%
ELS	D	0.04%	0.16%	0.04%
ELV	D	0.2%	0.08%	0.08%
EME	B	0.04%	0.05%	0.04%
EMN	B	0.04%	0.25%	0.04%
EMR	D	0.07%	0.04%	0.04%
EQH	C	0.08%	0.06%	0.06%
EQR	C	0.04%	0.16%	0.04%
ES	B	0.04%	0.23%	0.04%
ESAB	C	0.01%	0.05%	0.01%
ESI	C	0.01%	0.22%	0.01%
ESS	C	0.02%	0.16%	0.02%
ETR	A	0.04%	0.24%	0.04%
EVR	B	0.11%	0.08%	0.08%
EVRG	B	0.02%	0.23%	0.02%
EWBC	C	0.02%	0.07%	0.02%
EXC	B	0.07%	0.22%	0.07%
EXEL	C	0.04%	0.1%	0.04%
EXP	B	0.06%	0.06%	0.06%
EXPD	B	0.09%	0.04%	0.04%
EXR	C	0.13%	0.16%	0.13%
F	F	0.15%	0.05%	0.05%
FAF	B	0.02%	0.07%	0.02%
FANG	F	0.05%	0.18%	0.05%
FAST	C	0.11%	0.25%	0.11%
FCN	C	0.06%	0.05%	0.05%
FCNCA	D	0.05%	0.07%	0.05%
FDS	C	0.04%	0.07%	0.04%
FE	B	0.03%	0.22%	0.03%
FFIV	B	0.06%	0.08%	0.06%
FHN	D	0.01%	0.07%	0.01%
FICO	B	0.21%	0.06%	0.06%
FIS	C	0.07%	0.05%	0.05%
FITB	B	0.04%	0.08%	0.04%
FIX	B	0.05%	0.05%	0.05%
FLO	C	0.04%	0.16%	0.04%
FNF	B	0.03%	0.07%	0.03%
FOXA	B	0.1%	0.06%	0.06%
FR	C	0.02%	0.17%	0.02%
FTI	D	0.04%	0.21%	0.04%
FTNT	B	0.06%	0.08%	0.06%
FYBR	C	0.01%	0.7%	0.01%
G	C	0.05%	0.05%	0.05%
GAP	F	0.05%	0.04%	0.04%
GD	C	0.24%	0.04%	0.04%
GDDY	C	0.1%	0.07%	0.07%
GE	C	0.61%	0.05%	0.05%
GEHC	B	0.08%	0.09%	0.08%
GGG	C	0.03%	0.05%	0.03%
GILD	B	0.79%	0.1%	0.1%
GIS	B	0.2%	0.17%	0.17%
GLPI	C	0.07%	0.16%	0.07%
GLW	B	0.19%	0.07%	0.07%
GM	C	0.32%	0.05%	0.05%
GME	D	0.01%	0.04%	0.01%
GMED	D	0.02%	0.08%	0.02%
GNRC	D	0.05%	0.05%	0.05%
GNTX	D	0.05%	0.04%	0.04%
GPK	C	0.08%	0.05%	0.05%
GS	B	0.35%	0.07%	0.07%
GWRE	B	0.02%	0.08%	0.02%
GWW	B	0.19%	0.05%	0.05%
H	B	0.01%	0.05%	0.01%
HBAN	B	0.03%	0.07%	0.03%
HCA	B	0.3%	0.09%	0.09%
HD	B	0.6%	0.06%	0.06%
HEI	C	0.04%	0.05%	0.04%
HIG	B	0.06%	0.07%	0.06%
HII	F	0.03%	0.05%	0.03%
HLI	C	0.07%	0.07%	0.07%
HLT	B	0.09%	0.05%	0.05%
HOG	C	0.03%	0.06%	0.03%
HOLX	D	0.03%	0.09%	0.03%
HOOD	C	0.03%	0.06%	0.03%
HPE	C	0.1%	0.05%	0.05%
HPQ	C	0.29%	0.06%	0.06%
HRB	C	0.08%	0.06%	0.06%
HRL	F	0.02%	0.16%	0.02%
HSIC	C	0.03%	0.09%	0.03%
HST	D	0.02%	0.14%	0.02%
HSY	D	0.06%	0.17%	0.06%
HUBB	B	0.03%	0.05%	0.03%
HUN	C	0.01%	0.22%	0.01%
HWM	B	0.15%	0.05%	0.05%
HXL	F	0.03%	0.22%	0.03%
IBKR	B	0.05%	0.07%	0.05%
IBM	B	1.14%	0.07%	0.07%
ICE	C	0.3%	0.07%	0.07%
IDXX	D	0.06%	0.08%	0.06%
IEX	C	0.08%	0.05%	0.05%
IFF	A	0.04%	0.24%	0.04%
INCY	C	0.01%	0.08%	0.01%
INGR	B	0.06%	0.18%	0.06%
INTC	D	0.19%	0.04%	0.04%
INVH	D	0.04%	0.14%	0.04%
IP	C	0.08%	0.24%	0.08%
IPG	C	0.04%	0.05%	0.04%
IR	B	0.08%	0.05%	0.05%
IRM	C	0.12%	0.18%	0.12%
ISRG	C	0.23%	0.09%	0.09%
IT	C	0.14%	0.07%	0.07%
ITT	B	0.08%	0.05%	0.05%
ITW	B	0.1%	0.05%	0.05%
IVZ	B	0.03%	0.07%	0.03%
JBHT	D	0.02%	0.05%	0.02%
JBL	C	0.03%	0.06%	0.03%
JCI	B	0.06%	0.05%	0.05%
JEF	C	0.02%	0.08%	0.02%
JHG	B	0.04%	0.07%	0.04%
JKHY	B	0.1%	0.05%	0.05%
JLL	B	0.06%	0.17%	0.06%
JNJ	C	1.28%	0.09%	0.09%
JNPR	A	0.13%	0.54%	0.13%
JPM	D	0.88%	0.06%	0.06%
JWN	C	0.04%	0.05%	0.04%
K	A	0.15%	0.22%	0.15%
KBR	D	0.02%	0.06%	0.02%
KD	F	0.04%	0.06%	0.04%
KDP	B	0.08%	0.17%	0.08%
KEX	C	0.02%	0.05%	0.02%
KEY	C	0.02%	0.08%	0.02%
KHC	C	0.16%	0.17%	0.16%
KIM	C	0.02%	0.17%	0.02%
KKR	B	0.14%	0.07%	0.07%
KLAC	D	0.28%	0.06%	0.06%
KMB	C	0.18%	0.15%	0.15%
KMI	C	0.09%	0.21%	0.09%
KMPR	D	0.02%	0.06%	0.02%
KNX	C	0.01%	0.05%	0.01%
KO	B	1.16%	0.18%	0.18%
KR	B	0.37%	0.17%	0.17%
KSS	D	0.03%	0.04%	0.03%
L	D	0.06%	0.06%	0.06%
LAD	B	0.02%	0.06%	0.02%
LAMR	B	0.05%	0.16%	0.05%
LBRDK	C	0.02%	0.59%	0.02%
LDOS	A	0.11%	0.06%	0.06%
LEA	D	0.01%	0.05%	0.01%
LECO	D	0.05%	0.04%	0.04%
LEG	D	0.02%	0.06%	0.02%
LEN	B	0.07%	0.06%	0.06%
LHX	C	0.23%	0.05%	0.05%
LII	C	0.22%	0.05%	0.05%
LLY	D	2.87%	0.08%	0.08%
LMT	A	0.82%	0.05%	0.05%
LNC	C	0.03%	0.06%	0.03%
LNT	A	0.02%	0.23%	0.02%
LNW	F	0.02%	0.06%	0.02%
LOPE	D	0.04%	0.05%	0.04%
LOW	B	0.34%	0.06%	0.06%
LPLA	D	0.05%	0.05%	0.05%
LPX	B	0.08%	0.05%	0.05%
LRCX	D	0.19%	0.04%	0.04%
LSTR	D	0.09%	0.05%	0.05%
LW	D	0.03%	0.12%	0.03%
LYB	D	0.18%	0.23%	0.18%
M	F	0.02%	0.04%	0.02%
MA	B	0.27%	0.05%	0.05%
MAA	C	0.02%	0.16%	0.02%
MAN	C	0.03%	0.05%	0.03%
MANH	B	0.04%	0.07%	0.04%
MAR	B	0.04%	0.05%	0.04%
MAS	B	0.06%	0.05%	0.05%
MASI	C	0.03%	0.07%	0.03%
MCD	B	0.55%	0.06%	0.06%
MCK	F	0.5%	0.13%	0.13%
MCO	C	0.12%	0.07%	0.07%
MDLZ	C	0.26%	0.18%	0.18%
MDU	B	0.03%	0.05%	0.03%
MET	B	0.32%	0.07%	0.07%
META	B	2.37%	0.07%	0.07%
MHK	B	0.01%	0.06%	0.01%
MKC	C	0.06%	0.19%	0.06%
MKSI	F	0.01%	0.04%	0.01%
MKTX	D	0.02%	0.08%	0.02%
MLM	D	0.07%	0.04%	0.04%
MMC	C	0.19%	0.06%	0.06%
MMM	B	0.63%	0.06%	0.06%
MNST	D	0.07%	0.16%	0.07%
MO	C	0.66%	0.17%	0.17%
MORN	C	0.03%	0.07%	0.03%
MOS	F	0.01%	0.22%	0.01%
MPC	F	0.36%	0.19%	0.19%
MPWR	B	0.1%	0.07%	0.07%
MRK	F	1.0%	0.07%	0.07%
MRO	D	0.03%	0.19%	0.03%
MS	B	0.18%	0.06%	0.06%
MSA	D	0.03%	0.04%	0.03%
MSCI	C	0.06%	0.07%	0.06%
MSI	B	0.18%	0.57%	0.18%
MSM	D	0.06%	0.05%	0.05%
MTB	C	0.03%	0.07%	0.03%
MTD	C	0.1%	0.04%	0.04%
MTG	B	0.03%	0.07%	0.03%
MTN	D	0.05%	0.05%	0.05%
MU	D	0.15%	0.04%	0.04%
MUSA	D	0.15%	0.05%	0.05%
NBIX	F	0.04%	0.07%	0.04%
NDAQ	C	0.05%	0.08%	0.05%
NDSN	C	0.05%	0.05%	0.05%
NEE	B	0.25%	0.22%	0.22%
NEM	C	0.22%	0.29%	0.22%
NEU	D	0.03%	0.24%	0.03%
NFG	B	0.05%	0.22%	0.05%
NFLX	B	0.46%	0.05%	0.05%
NI	B	0.02%	0.23%	0.02%
NKE	D	0.07%	0.05%	0.05%
NNN	B	0.01%	0.16%	0.01%
NOC	B	0.38%	0.05%	0.05%
NOV	F	0.01%	0.18%	0.01%
NOW	C	0.31%	0.08%	0.08%
NRG	B	0.07%	0.2%	0.07%
NSC	C	0.07%	0.05%	0.05%
NTAP	D	0.1%	0.06%	0.06%
NTRS	C	0.03%	0.07%	0.03%
NUE	D	0.08%	0.22%	0.08%
NVDA	C	1.64%	0.05%	0.05%
NVR	B	0.1%	0.06%	0.06%
NWL	C	0.02%	0.06%	0.02%
NWSA	D	0.04%	0.05%	0.04%
NXST	D	0.05%	0.05%	0.05%
NYT	B	0.04%	0.05%	0.04%
O	B	0.06%	0.16%	0.06%
OC	C	0.02%	0.04%	0.02%
ODFL	D	0.02%	0.05%	0.02%
OGN	D	0.05%	0.08%	0.05%
OHI	C	0.02%	0.17%	0.02%
OKE	C	0.09%	0.23%	0.09%
OLN	D	0.04%	0.21%	0.04%
OMC	B	0.06%	0.06%	0.06%
OMF	D	0.02%	0.06%	0.02%
ORCL	B	1.38%	0.07%	0.07%
ORLY	B	0.19%	0.05%	0.05%
OSK	F	0.03%	0.05%	0.03%
OTIS	B	0.08%	0.04%	0.04%
PAG	D	0.02%	0.05%	0.02%
PANW	D	0.22%	0.06%	0.06%
PARA	D	0.01%	0.05%	0.01%
PAYX	C	0.04%	0.05%	0.04%
PB	D	0.01%	0.08%	0.01%
PEG	B	0.06%	0.22%	0.06%
PEP	D	0.77%	0.16%	0.16%
PFE	D	0.64%	0.08%	0.08%
PFG	B	0.01%	0.07%	0.01%
PG	C	1.04%	0.16%	0.16%
PGR	C	0.6%	0.07%	0.07%
PH	B	0.13%	0.06%	0.06%
PHM	B	0.11%	0.07%	0.07%
PINC	D	0.02%	0.09%	0.02%
PK	D	0.06%	0.15%	0.06%
PKG	B	0.07%	0.05%	0.05%
PLTR	C	0.14%	0.09%	0.09%
PM	C	0.83%	0.18%	0.18%
PNC	C	0.11%	0.07%	0.07%
PNR	B	0.02%	0.05%	0.02%
PNW	C	0.01%	0.23%	0.01%
POOL	C	0.07%	0.06%	0.06%
POST	B	0.05%	0.17%	0.05%
PPC	D	0.01%	0.19%	0.01%
PPG	C	0.05%	0.04%	0.04%
PPL	A	0.04%	0.22%	0.04%
PRU	C	0.23%	0.06%	0.06%
PSA	C	0.1%	0.17%	0.1%
PSN	B	0.02%	0.08%	0.02%
PSTG	F	0.04%	0.05%	0.04%
PSX	F	0.23%	0.19%	0.19%
PTC	C	0.04%	0.06%	0.04%
PVH	D	0.02%	0.04%	0.02%
PWR	B	0.11%	0.05%	0.05%
PYPL	B	0.11%	0.06%	0.06%
QCOM	D	0.8%	0.05%	0.05%
QRVO	F	0.01%	0.06%	0.01%
R	C	0.07%	0.05%	0.05%
RBC	B	0.01%	0.25%	0.01%
RCL	B	0.08%	0.06%	0.06%
REGN	D	0.49%	0.09%	0.09%
RF	B	0.01%	0.07%	0.01%
RGA	C	0.06%	0.06%	0.06%
RGLD	C	0.04%	0.26%	0.04%
RHI	D	0.02%	0.05%	0.02%
RKT	C	0.01%	0.08%	0.01%
RL	B	0.03%	0.05%	0.03%
RLI	B	0.03%	0.07%	0.03%
RMD	C	0.17%	0.09%	0.09%
ROL	C	0.07%	0.05%	0.05%
ROP	C	0.06%	0.06%	0.06%
RPM	B	0.12%	0.05%	0.05%
RPRX	C	0.03%	0.08%	0.03%
RRC	D	0.02%	0.17%	0.02%
RS	D	0.04%	0.23%	0.04%
RSG	D	0.13%	0.21%	0.13%
RTX	B	0.23%	0.05%	0.05%
RYN	C	0.03%	0.15%	0.03%
SAIC	C	0.01%	0.07%	0.01%
SAM	D	0.02%	0.15%	0.02%
SBAC	C	0.03%	0.17%	0.03%
SBUX	C	0.09%	0.06%	0.06%
SCCO	C	0.0%	0.22%	0.0%
SCHW	D	0.04%	0.05%	0.04%
SCI	C	0.06%	0.06%	0.06%
SEB	D	0.05%	0.17%	0.05%
SEE	C	0.06%	0.04%	0.04%
SEIC	B	0.07%	0.06%	0.06%
SF	B	0.01%	0.07%	0.01%
SHW	B	0.22%	0.06%	0.06%
SJM	C	0.04%	0.17%	0.04%
SKX	C	0.02%	0.04%	0.02%
SLB	F	0.01%	0.18%	0.01%
SLGN	B	0.05%	0.05%	0.05%
SLM	C	0.05%	0.07%	0.05%
SMCI	F	0.14%	0.03%	0.03%
SMG	B	0.04%	0.26%	0.04%
SNDR	B	0.02%	0.06%	0.02%
SNV	D	0.01%	0.07%	0.01%
SO	B	0.13%	0.22%	0.13%
SON	D	0.04%	0.04%	0.04%
SPB	B	0.01%	0.16%	0.01%
SPG	B	0.16%	0.16%	0.16%
SPGI	C	0.27%	0.07%	0.07%
SPR	D	0.01%	0.05%	0.01%
SQ	D	0.05%	0.05%	0.05%
SRCL	B	0.04%	0.21%	0.04%
SRE	B	0.08%	0.22%	0.08%
SSNC	C	0.02%	0.07%	0.02%
STE	B	0.08%	0.09%	0.08%
STLD	C	0.04%	0.22%	0.04%
STZ	C	0.06%	0.15%	0.06%
SUI	C	0.05%	0.17%	0.05%
SYF	C	0.24%	0.05%	0.05%
SYY	C	0.13%	0.16%	0.13%
T	B	0.74%	0.58%	0.58%
TAP	D	0.08%	0.17%	0.08%
TDC	D	0.02%	0.05%	0.02%
TDG	B	0.17%	0.05%	0.05%
TER	C	0.04%	0.05%	0.04%
TFC	D	0.08%	0.07%	0.07%
TFX	B	0.03%	0.09%	0.03%
TGT	C	0.77%	0.05%	0.05%
THC	C	0.29%	0.1%	0.1%
THG	C	0.04%	0.07%	0.04%
THO	C	0.07%	0.06%	0.06%
TJX	C	0.38%	0.05%	0.05%
TKR	C	0.04%	0.24%	0.04%
TMO	B	0.33%	0.09%	0.09%
TMUS	B	0.38%	0.56%	0.38%
TOL	A	0.06%	0.07%	0.06%
TPR	A	0.01%	0.05%	0.01%
TPX	B	0.03%	0.06%	0.03%
TRGP	C	0.09%	0.24%	0.09%
TROW	C	0.08%	0.06%	0.06%
TRV	C	0.2%	0.07%	0.07%
TSCO	B	0.12%	0.05%	0.05%
TSN	D	0.16%	0.17%	0.16%
TTC	F	0.07%	0.04%	0.04%
TTEK	C	0.02%	0.05%	0.02%
TTWO	D	0.06%	0.05%	0.05%
TW	B	0.05%	0.07%	0.05%
TXN	B	0.3%	0.06%	0.06%
TXRH	B	0.06%	0.05%	0.05%
TYL	C	0.08%	0.07%	0.07%
UAL	B	0.01%	0.05%	0.01%
UBER	C	0.23%	0.05%	0.05%
UDR	C	0.03%	0.16%	0.03%
UGI	B	0.01%	0.21%	0.01%
UHAL	B	0.04%	0.06%	0.04%
UHAL	B	0.01%	0.06%	0.01%
UHS	C	0.07%	0.1%	0.07%
ULTA	D	0.04%	0.05%	0.04%
UNH	C	0.79%	0.09%	0.09%
UNM	B	0.04%	0.07%	0.04%
UNP	D	0.54%	0.05%	0.05%
UPS	D	0.25%	0.04%	0.04%
URI	B	0.09%	0.06%	0.06%
USB	C	0.1%	0.07%	0.07%
USFD	C	0.05%	0.18%	0.05%
UTHR	B	0.18%	0.09%	0.09%
V	C	0.28%	0.05%	0.05%
VFC	B	0.02%	0.07%	0.02%
VIRT	C	0.05%	0.08%	0.05%
VLO	F	0.16%	0.18%	0.16%
VLTO	B	0.05%	0.05%	0.05%
VNO	B	0.07%	0.21%	0.07%
VNT	F	0.01%	0.04%	0.01%
VRSK	D	0.17%	0.04%	0.04%
VRSN	C	0.04%	0.06%	0.04%
VRTX	D	0.22%	0.08%	0.08%
VST	B	0.21%	0.2%	0.2%
VTR	C	0.04%	0.17%	0.04%
VTRS	D	0.13%	0.09%	0.09%
VVV	D	0.02%	0.23%	0.02%
VZ	A	1.11%	0.54%	0.54%
WAB	B	0.05%	0.05%	0.05%
WAL	B	0.02%	0.09%	0.02%
WAT	B	0.05%	0.05%	0.05%
WBA	F	0.11%	0.09%	0.09%
WBS	C	0.01%	0.07%	0.01%
WCC	C	0.07%	0.05%	0.05%
WDC	C	0.08%	0.05%	0.05%
WELL	C	0.11%	0.17%	0.11%
WEN	C	0.05%	0.05%	0.05%
WFC	D	0.73%	0.06%	0.06%
WH	B	0.03%	0.05%	0.03%
WHR	C	0.03%	0.06%	0.03%
WM	D	0.26%	0.19%	0.19%
WMB	C	0.08%	0.21%	0.08%
WMS	D	0.02%	0.04%	0.02%
WMT	B	1.68%	0.06%	0.06%
WOLF	F	0.0%	0.02%	0.0%
WPC	C	0.03%	0.16%	0.03%
WRB	D	0.02%	0.06%	0.02%
WSM	C	0.21%	0.05%	0.05%
WSO	C	0.2%	0.05%	0.05%
WST	D	0.04%	0.07%	0.04%
WTFC	C	0.01%	0.07%	0.01%
WTM	F	0.04%	0.06%	0.04%
WTW	B	0.1%	0.07%	0.07%
WU	C	0.07%	0.04%	0.04%
WWD	C	0.01%	0.04%	0.01%
X	F	0.03%	0.24%	0.03%
XOM	D	0.42%	0.2%	0.2%
XPO	D	0.03%	0.05%	0.03%
XRAY	D	0.03%	0.08%	0.03%
XYL	C	0.12%	0.04%	0.04%
YUM	B	0.12%	0.05%	0.05%
ZBRA	B	0.02%	0.05%	0.02%
ZION	D	0.01%	0.07%	0.01%
ZTS	B	0.06%	0.09%	0.06%

MFUS Overweight 187 Positions Relative to EQAL

Symbol	Grade	Weight
ANF	D	0.24%
SFM	B	0.2%
CRS	C	0.1%
AEO	D	0.09%
GPI	B	0.09%
TMHC	B	0.09%
JXN	B	0.09%
SLG	C	0.08%
NSIT	C	0.07%
UFPI	C	0.07%
MTH	C	0.07%
HCC	D	0.07%
BCC	C	0.07%
MLI	B	0.07%
CALM	B	0.07%
ABG	D	0.07%
CNX	B	0.06%
ERIE	B	0.06%
TPH	C	0.06%
MMS	B	0.06%
MHO	B	0.05%
URBN	F	0.05%
HBI	A	0.05%
COOP	C	0.05%
LUMN	C	0.05%
TEX	F	0.05%
ATGE	C	0.05%
CBT	B	0.05%
BTU	C	0.05%
KTB	B	0.05%
SKYW	C	0.05%
CMC	D	0.05%
LANC	F	0.04%
KBH	C	0.04%
TDS	B	0.04%
DBRG	D	0.04%
CVLT	B	0.04%
TRN	C	0.04%
BDC	B	0.04%
ASO	D	0.04%
SLVM	C	0.04%
HUBG	C	0.04%
MAC	B	0.04%
GATX	D	0.04%
FLEX	B	0.04%
AROC	D	0.04%
TGNA	C	0.04%
ABM	D	0.04%
CNO	C	0.04%
FL	F	0.04%
GVA	B	0.04%
SIG	C	0.04%
MOG.A	B	0.04%
BKE	B	0.03%
APAM	C	0.03%
FHI	B	0.03%
PLXS	B	0.03%
THS	C	0.03%
DRH	C	0.03%
STC	C	0.03%
LZB	C	0.03%
UNF	B	0.03%
ADNT	D	0.03%
DK	F	0.03%
BKU	D	0.03%
VC	F	0.03%
OI	D	0.03%
GMS	C	0.03%
APLE	C	0.03%
MATX	B	0.03%
PRG	C	0.03%
GNW	C	0.03%
MC	C	0.03%
SM	F	0.03%
GBX	D	0.03%
AVA	B	0.03%
SHOO	B	0.03%
RUSHA	C	0.03%
GEO	F	0.03%
PRIM	B	0.03%
SEM	D	0.03%
SANM	D	0.03%
GES	F	0.02%
BHE	C	0.02%
PHIN	C	0.02%
DAN	D	0.02%
DNOW	F	0.02%
VSCO	C	0.02%
HP	F	0.02%
SATS	C	0.02%
LXP	C	0.02%
JBLU	C	0.02%
ODP	F	0.02%
HNI	C	0.02%
APOG	B	0.02%
VSH	F	0.02%
DORM	C	0.02%
ANDE	D	0.02%
OSIS	C	0.02%
NAVI	D	0.02%
MCY	C	0.02%
YELP	D	0.02%
PMT	C	0.02%
EPC	F	0.02%
NSP	F	0.02%
VSTO	C	0.02%
NTCT	C	0.02%
RLJ	D	0.02%
GHC	B	0.02%
SXT	B	0.02%
XHR	B	0.02%
CXW	F	0.02%
PBF	F	0.02%
AIR	D	0.02%
HAE	D	0.02%
SBH	B	0.02%
GEF	C	0.02%
PFSI	C	0.02%
ACA	B	0.02%
ORA	B	0.02%
PDCO	F	0.02%
WERN	C	0.02%
PNM	B	0.02%
SCL	D	0.01%
MLKN	F	0.01%
ARCH	D	0.01%
KALU	D	0.01%
ECPG	D	0.01%
GIII	D	0.01%
SSB	C	0.01%
UVV	D	0.01%
ARI	F	0.01%
HTH	D	0.01%
IGT	D	0.01%
WGO	D	0.01%
CNXN	B	0.01%
ALEX	C	0.01%
RDN	D	0.01%
FDP	C	0.01%
OUT	B	0.01%
IMKTA	D	0.01%
CNS	B	0.01%
WOR	F	0.01%
SVC	F	0.01%
IDCC	B	0.01%
SR	B	0.01%
SWX	C	0.01%
SIGI	D	0.01%
WAFD	D	0.01%
SHO	C	0.01%
CENTA	F	0.01%
PECO	C	0.01%
JBGS	C	0.01%
FLR	D	0.01%
WMK	D	0.01%
JELD	D	0.01%
CADE	C	0.01%
ONB	D	0.01%
BRC	B	0.01%
XRX	D	0.01%
FELE	B	0.01%
STRA	F	0.01%
CSGS	C	0.01%
TTMI	D	0.01%
KN	D	0.01%
DY	C	0.01%
CVI	F	0.01%
OMI	D	0.01%
LADR	D	0.01%
NNI	C	0.01%
AMWD	C	0.01%
GOLF	F	0.01%
DEI	B	0.01%
SAH	D	0.01%
IOSP	F	0.01%
TNET	F	0.01%
REZI	D	0.01%
PTEN	F	0.01%
ICUI	C	0.01%
MUR	F	0.01%
HE	F	0.01%
GT	F	0.01%
PSMT	B	0.01%
SCS	D	0.01%
ESNT	B	0.01%
LAUR	C	0.01%
NOMD	C	0.0%

MFUS Underweight 340 Positions Relative to EQAL

Symbol	Grade	Weight
UI	B	-0.75%
ROKU	D	-0.71%
LITE	B	-0.63%
CIEN	B	-0.61%
IRDM	C	-0.55%
FMC	B	-0.27%
CF	B	-0.26%
MP	C	-0.24%
APD	B	-0.24%
LIN	B	-0.24%
AEE	B	-0.23%
TPL	C	-0.23%
WEC	B	-0.23%
XEL	B	-0.23%
ALB	D	-0.22%
PCG	C	-0.22%
IDA	B	-0.22%
LNG	D	-0.22%
WLK	C	-0.22%
OGE	B	-0.22%
AWK	C	-0.22%
ASH	F	-0.21%
FCX	C	-0.21%
ENPH	D	-0.21%
AGR	C	-0.2%
EOG	D	-0.2%
WTRG	D	-0.2%
KVUE	B	-0.19%
SWN	C	-0.19%
Z	C	-0.19%
AM	B	-0.19%
CNP	C	-0.18%
PR	F	-0.18%
MTDR	F	-0.18%
HES	F	-0.18%
APA	F	-0.18%
CUZ	C	-0.18%
PFGC	B	-0.18%
CHK	C	-0.18%
EQT	C	-0.18%
KRC	C	-0.18%
FSLR	C	-0.18%
HIW	C	-0.18%
EPR	C	-0.17%
HHH	C	-0.17%
DAR	F	-0.17%
MPW	C	-0.17%
OVV	F	-0.17%
REYN	C	-0.17%
FRPT	C	-0.17%
CTRA	F	-0.17%
HAL	F	-0.17%
DVN	F	-0.17%
BRX	C	-0.17%
WFRD	F	-0.16%
DOC	B	-0.16%
FRT	C	-0.16%
STAG	D	-0.16%
CIVI	F	-0.16%
CHRD	F	-0.16%
EQIX	B	-0.16%
NSA	C	-0.16%
EGP	C	-0.16%
OXY	F	-0.16%
BRBR	B	-0.16%
VICI	C	-0.16%
REG	C	-0.16%
WY	C	-0.16%
PLD	C	-0.16%
REXR	C	-0.16%
ARE	C	-0.15%
BG	F	-0.15%
CSGP	D	-0.15%
EXAS	D	-0.13%
DOCS	B	-0.12%
GO	F	-0.12%
RARE	C	-0.12%
VKTX	D	-0.11%
SHC	C	-0.11%
NFE	F	-0.1%
INSP	D	-0.1%
ILMN	D	-0.1%
SOLV	D	-0.1%
CELH	F	-0.09%
COLB	B	-0.09%
TPG	C	-0.09%
MDT	B	-0.09%
RCM	C	-0.09%
NVST	D	-0.09%
MOH	D	-0.09%
IQV	D	-0.09%
ACHC	D	-0.09%
PEN	D	-0.09%
VEEV	C	-0.09%
TXG	D	-0.09%
NTRA	C	-0.09%
PODD	C	-0.09%
BIO	C	-0.09%
RGEN	F	-0.09%
DNB	D	-0.08%
STT	B	-0.08%
DT	C	-0.08%
CLVT	D	-0.08%
MDB	D	-0.08%
CVNA	B	-0.08%
FTRE	F	-0.08%
CRL	F	-0.08%
ZBH	F	-0.08%
SOFI	D	-0.08%
U	D	-0.08%
GL	D	-0.08%
ENOV	F	-0.08%
PNFP	C	-0.08%
ITCI	D	-0.08%
RH	C	-0.08%
SRPT	F	-0.08%
JAZZ	D	-0.08%
IONS	F	-0.08%
SYK	C	-0.08%
ABT	C	-0.08%
S	D	-0.08%
TECH	C	-0.08%
PRGO	F	-0.08%
QGEN	C	-0.08%
ON	D	-0.07%
EPAM	F	-0.07%
CERT	F	-0.07%
PATH	D	-0.07%
ACGL	B	-0.07%
RNG	F	-0.07%
AFRM	D	-0.07%
TFSL	D	-0.07%
STWD	B	-0.07%
AXS	B	-0.07%
CRM	C	-0.07%
CTSH	B	-0.07%
DUOL	C	-0.07%
XP	D	-0.07%
DOCU	C	-0.07%
RJF	C	-0.07%
TSLA	C	-0.07%
NTNX	D	-0.07%
FNB	D	-0.07%
HUM	F	-0.07%
AZTA	F	-0.07%
CNA	D	-0.07%
OZK	F	-0.07%
RYAN	C	-0.07%
SN	B	-0.07%
ZM	C	-0.07%
GLOB	D	-0.07%
WDAY	D	-0.07%
KNSL	D	-0.07%
RNR	B	-0.07%
DBX	C	-0.07%
ORI	B	-0.07%
TWLO	C	-0.07%
PEGA	B	-0.07%
IAC	C	-0.07%
LCID	C	-0.07%
PAYC	D	-0.07%
DAY	D	-0.07%
MEDP	F	-0.07%
APLS	F	-0.07%
BPOP	C	-0.07%
FHB	D	-0.07%
CBOE	C	-0.07%
BOKF	C	-0.07%
MTCH	C	-0.07%
GTLB	D	-0.07%
UWMC	D	-0.07%
SMAR	A	-0.07%
PYCR	D	-0.07%
NU	C	-0.07%
ONTO	C	-0.06%
GOOGL	D	-0.06%
PII	D	-0.06%
MSGS	B	-0.06%
AAON	B	-0.06%
SWKS	F	-0.06%
LYV	A	-0.06%
TTD	B	-0.06%
UAA	C	-0.06%
EXPE	C	-0.06%
PCOR	D	-0.06%
SWK	B	-0.06%
MAT	D	-0.06%
HUBS	D	-0.06%
SPOT	C	-0.06%
PLNT	C	-0.06%
ZS	F	-0.06%
VSTS	D	-0.06%
AMD	C	-0.06%
SITE	D	-0.06%
AXON	B	-0.06%
CHH	B	-0.06%
NCLH	B	-0.06%
MSFT	C	-0.06%
NCNO	F	-0.06%
TKO	A	-0.06%
EW	F	-0.06%
HAS	B	-0.06%
BSY	C	-0.06%
WBD	D	-0.06%
APPF	C	-0.06%
MSTR	C	-0.06%
QS	F	-0.06%
DDOG	D	-0.06%
MTSI	C	-0.06%
BYD	C	-0.06%
GEV	B	-0.06%
OLED	D	-0.06%
VRT	C	-0.06%
ADI	C	-0.06%
HCP	A	-0.06%
MRVL	D	-0.06%
EG	B	-0.06%
MKL	C	-0.06%
TEAM	D	-0.06%
APO	B	-0.06%
AGO	D	-0.06%
NET	D	-0.06%
TOST	C	-0.06%
TRU	B	-0.06%
RIVN	F	-0.06%
CNXC	F	-0.06%
INTU	D	-0.06%
OWL	B	-0.06%
RBLX	C	-0.06%
AFG	C	-0.06%
VOYA	B	-0.06%
PRI	B	-0.06%
AME	C	-0.05%
BROS	D	-0.05%
MGM	D	-0.05%
ADTN	C	-0.05%
ROK	D	-0.05%
VMC	C	-0.05%
TXT	D	-0.05%
LYFT	D	-0.05%
DKNG	C	-0.05%
DIS	D	-0.05%
CFLT	F	-0.05%
VMI	C	-0.05%
ETSY	D	-0.05%
FTV	C	-0.05%
SNA	B	-0.05%
LVS	C	-0.05%
DAL	C	-0.05%
CNH	C	-0.05%
COTY	D	-0.05%
DE	A	-0.05%
TRMB	C	-0.05%
ALK	B	-0.05%
APTV	D	-0.05%
DXCM	F	-0.05%
YETI	D	-0.05%
GFS	F	-0.05%
GXO	D	-0.05%
LKQ	F	-0.05%
GPC	D	-0.05%
GTES	C	-0.05%
AAL	D	-0.05%
AMCR	B	-0.05%
TNL	C	-0.05%
J	A	-0.05%
TT	B	-0.05%
PENN	D	-0.05%
OLLI	C	-0.05%
TDY	B	-0.05%
COLM	C	-0.05%
MTZ	C	-0.05%
HAYW	C	-0.05%
SSD	C	-0.05%
PLTK	C	-0.05%
MIDD	C	-0.05%
KEYS	B	-0.05%
SNPS	F	-0.05%
INFA	D	-0.05%
BILL	D	-0.05%
CHDN	D	-0.05%
ALGM	D	-0.05%
FND	C	-0.05%
LUV	C	-0.05%
WING	C	-0.05%
W	C	-0.05%
ENTG	D	-0.05%
OKTA	F	-0.05%
IPGP	D	-0.05%
ROST	C	-0.05%
FDX	D	-0.05%
GPN	D	-0.05%
ZI	D	-0.05%
CDNS	D	-0.05%
PCTY	D	-0.05%
MCHP	D	-0.05%
CZR	C	-0.05%
WEX	C	-0.05%
GRMN	D	-0.05%
FOUR	C	-0.05%
SNOW	F	-0.05%
KMX	D	-0.05%
SNX	C	-0.05%
RBA	D	-0.05%
LSCC	D	-0.05%
RRX	C	-0.05%
DV	F	-0.05%
ALLE	B	-0.05%
CGNX	F	-0.04%
TREX	F	-0.04%
BA	F	-0.04%
EL	D	-0.04%
CAR	D	-0.04%
BIRK	F	-0.04%
MRNA	F	-0.04%
NVT	C	-0.04%
TRIP	F	-0.04%
EEFT	F	-0.04%
PINS	D	-0.04%
ST	D	-0.04%
ESTC	F	-0.04%
HON	C	-0.04%
FIVN	F	-0.04%
LULU	D	-0.04%
ABNB	D	-0.04%
CRWD	D	-0.04%
FIVE	D	-0.04%
AL	C	-0.04%
SAIA	D	-0.04%
WSC	D	-0.04%
AZEK	C	-0.04%
VAC	D	-0.04%
PCAR	D	-0.04%
FLS	C	-0.04%
LFUS	C	-0.04%
WYNN	C	-0.04%
ETN	C	-0.04%
ELF	F	-0.03%
DJT	F	-0.03%
SEG	F	-0.01%