MFUS vs. ESGU ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to iShares MSCI USA ESG Optimized ETF (ESGU)

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

ESGU

iShares MSCI USA ESG Optimized ETF

ESGU Description

The iShares MSCI USA ESG Optimized ETF seeks to track the investment results of an index composed of U.S. companies that have positive environmental, social and governance characteristics as identified by the index provider while exhibiting risk and return characteristics similar to those of the parent index.

Grade (RS Rating)

Last Trade

$125.90

Average Daily Volume

476,870

Number of Holdings ^*

285

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	ESGU
30 Days	3.55%	4.53%
60 Days	10.60%	11.36%
90 Days	6.54%	3.92%
12 Months	36.03%	37.03%

219 Overlapping Holdings

	Symbol	Grade	Weight in MFUS	Weight in ESGU	Overlap
	A	B	0.05%	0.14%	0.05%
	AAPL	C	0.97%	6.45%	0.97%
	ABBV	C	1.56%	0.51%	0.51%
	ACN	B	0.23%	0.45%	0.23%
	ADBE	F	0.04%	0.58%	0.04%
	ADM	F	0.25%	0.1%	0.1%
	ADP	A	0.1%	0.67%	0.1%
	ADSK	B	0.08%	0.34%	0.08%
	AFL	A	0.22%	0.12%	0.12%
	AIZ	B	0.08%	0.11%	0.08%
	AJG	C	0.14%	0.11%	0.11%
	AKAM	D	0.03%	0.1%	0.03%
	ALNY	C	0.07%	0.1%	0.07%
	AMAT	C	0.59%	0.55%	0.55%
	AMGN	D	1.01%	0.43%	0.43%
	AMT	D	0.16%	0.38%	0.16%
	AMZN	C	1.6%	3.4%	1.6%
	ANET	A	0.14%	0.21%	0.14%
	ANSS	D	0.05%	0.21%	0.05%
	AVGO	B	1.68%	1.43%	1.43%
	AVTR	D	0.04%	0.1%	0.04%
	AXP	A	0.21%	0.42%	0.21%
	BAC	B	0.39%	0.56%	0.39%
	BALL	C	0.08%	0.1%	0.08%
	BBY	C	0.23%	0.18%	0.18%
	BIIB	F	0.08%	0.09%	0.08%
	BK	A	0.17%	0.39%	0.17%
	BKNG	B	0.36%	0.29%	0.29%
	BKR	B	0.07%	0.13%	0.07%
	BLK	A	0.17%	0.11%	0.11%
	BMY	A	0.36%	0.17%	0.17%
	BR	B	0.16%	0.44%	0.16%
	BRK.A	B	2.37%	0.41%	0.41%
	C	B	0.63%	0.32%	0.32%
	CAH	B	0.24%	0.15%	0.15%
	CARR	A	0.05%	0.19%	0.05%
	CAT	A	0.2%	0.34%	0.2%
	CBRE	C	0.05%	0.17%	0.05%
	CCI	D	0.08%	0.37%	0.08%
	CEG	A	0.13%	0.14%	0.13%
	CHD	D	0.07%	0.2%	0.07%
	CHRW	C	0.14%	0.21%	0.14%
	CI	D	0.15%	0.31%	0.15%
	CL	D	0.41%	0.1%	0.1%
	CLX	C	0.12%	0.26%	0.12%
	CMCSA	B	0.16%	0.2%	0.16%
	CMG	C	0.2%	0.13%	0.13%
	CMI	A	0.13%	0.43%	0.13%
	CMS	A	0.03%	0.2%	0.03%
	CNC	F	0.06%	0.1%	0.06%
	COF	A	0.24%	0.1%	0.1%
	COP	D	0.07%	0.36%	0.07%
	COST	C	1.36%	0.78%	0.78%
	CPB	D	0.05%	0.1%	0.05%
	CSCO	A	0.61%	0.45%	0.45%
	CVX	B	0.36%	0.58%	0.36%
	D	A	0.07%	0.16%	0.07%
	DECK	B	0.15%	0.18%	0.15%
	DELL	C	0.03%	0.1%	0.03%
	DFS	A	0.08%	0.19%	0.08%
	DGX	D	0.09%	0.14%	0.09%
	DHI	C	0.07%	0.1%	0.07%
	DHR	D	0.28%	0.38%	0.28%
	DLR	C	0.08%	0.22%	0.08%
	DLTR	F	0.03%	0.07%	0.03%
	DVA	C	0.17%	0.11%	0.11%
	EA	D	0.16%	0.15%	0.15%
	ECL	C	0.08%	0.42%	0.08%
	ED	C	0.06%	0.1%	0.06%
	EIX	C	0.05%	0.12%	0.05%
	ELV	F	0.2%	0.45%	0.2%
	EME	B	0.04%	0.11%	0.04%
	ES	D	0.04%	0.11%	0.04%
	EXC	C	0.07%	0.18%	0.07%
	EXPD	D	0.09%	0.28%	0.09%
	FANG	D	0.05%	0.09%	0.05%
	FDS	C	0.04%	0.15%	0.04%
	FICO	C	0.21%	0.11%	0.11%
	FIS	A	0.07%	0.12%	0.07%
	GDDY	B	0.1%	0.09%	0.09%
	GE	B	0.61%	0.48%	0.48%
	GILD	A	0.79%	0.47%	0.47%
	GIS	C	0.2%	0.43%	0.2%
	GS	B	0.35%	0.34%	0.34%
	GWW	B	0.19%	0.34%	0.19%
	HBAN	B	0.03%	0.14%	0.03%
	HCA	C	0.3%	0.16%	0.16%
	HD	A	0.6%	1.05%	0.6%
	HIG	A	0.06%	0.27%	0.06%
	HII	F	0.03%	0.09%	0.03%
	HLT	A	0.09%	0.1%	0.09%
	HOLX	D	0.03%	0.1%	0.03%
	HPE	B	0.1%	0.16%	0.1%
	HPQ	B	0.29%	0.1%	0.1%
	HRL	F	0.02%	0.1%	0.02%
	HUBB	A	0.03%	0.11%	0.03%
	HWM	A	0.15%	0.1%	0.1%
	IBM	A	1.14%	0.57%	0.57%
	IDXX	D	0.06%	0.28%	0.06%
	IEX	D	0.08%	0.1%	0.08%
	IFF	D	0.04%	0.1%	0.04%
	INTC	D	0.19%	0.28%	0.19%
	IP	C	0.08%	0.1%	0.08%
	IPG	D	0.04%	0.1%	0.04%
	IR	A	0.08%	0.11%	0.08%
	IRM	B	0.12%	0.16%	0.12%
	ISRG	C	0.23%	0.31%	0.23%
	IT	A	0.14%	0.16%	0.14%
	JBHT	D	0.02%	0.1%	0.02%
	JCI	C	0.06%	0.17%	0.06%
	JNJ	D	1.28%	0.68%	0.68%
	JNPR	C	0.13%	0.1%	0.1%
	JPM	C	0.88%	1.17%	0.88%
	K	B	0.15%	0.5%	0.15%
	KDP	C	0.08%	0.1%	0.08%
	KHC	F	0.16%	0.19%	0.16%
	KKR	A	0.14%	0.11%	0.11%
	KMB	D	0.18%	0.17%	0.17%
	KMI	A	0.09%	0.28%	0.09%
	KO	C	1.16%	1.02%	1.02%
	KR	C	0.37%	0.23%	0.23%
	LDOS	A	0.11%	0.11%	0.11%
	LII	C	0.22%	0.13%	0.13%
	LLY	D	2.87%	1.47%	1.47%
	LOW	C	0.34%	0.4%	0.34%
	LRCX	D	0.19%	0.34%	0.19%
	MA	A	0.27%	0.93%	0.27%
	MCD	A	0.55%	0.33%	0.33%
	MCK	F	0.5%	0.27%	0.27%
	MCO	D	0.12%	0.3%	0.12%
	MET	A	0.32%	0.31%	0.31%
	META	A	2.37%	2.35%	2.35%
	MKC	C	0.06%	0.11%	0.06%
	MMC	D	0.19%	0.18%	0.18%
	MMM	C	0.63%	0.35%	0.35%
	MRK	F	1.0%	0.57%	0.57%
	MRO	B	0.03%	0.1%	0.03%
	MS	A	0.18%	0.43%	0.18%
	MTD	C	0.1%	0.1%	0.1%
	MU	D	0.15%	0.2%	0.15%
	NDAQ	C	0.05%	0.2%	0.05%
	NEE	C	0.25%	0.48%	0.25%
	NEM	C	0.22%	0.2%	0.2%
	NFLX	A	0.46%	0.53%	0.46%
	NI	A	0.02%	0.37%	0.02%
	NOC	B	0.38%	0.22%	0.22%
	NOW	B	0.31%	0.58%	0.31%
	NTAP	D	0.1%	0.09%	0.09%
	NTRS	B	0.03%	0.1%	0.03%
	NUE	D	0.08%	0.13%	0.08%
	NVDA	B	1.64%	5.87%	1.64%
	OC	C	0.02%	0.11%	0.02%
	ODFL	F	0.02%	0.1%	0.02%
	OKE	A	0.09%	0.34%	0.09%
	ORCL	A	1.38%	0.56%	0.56%
	PANW	B	0.22%	0.24%	0.22%
	PARA	F	0.01%	0.09%	0.01%
	PAYX	B	0.04%	0.11%	0.04%
	PEG	A	0.06%	0.5%	0.06%
	PEP	F	0.77%	0.42%	0.42%
	PFE	D	0.64%	0.29%	0.29%
	PFG	A	0.01%	0.11%	0.01%
	PG	D	1.04%	0.73%	0.73%
	PGR	B	0.6%	0.43%	0.43%
	PHM	C	0.11%	0.11%	0.11%
	PNC	C	0.11%	0.32%	0.11%
	PNR	C	0.02%	0.3%	0.02%
	POOL	D	0.07%	0.11%	0.07%
	PPG	D	0.05%	0.23%	0.05%
	PRU	B	0.23%	0.53%	0.23%
	PSX	D	0.23%	0.14%	0.14%
	PTC	B	0.04%	0.15%	0.04%
	PWR	A	0.11%	0.11%	0.11%
	PYPL	A	0.11%	0.13%	0.11%
	QCOM	D	0.8%	0.3%	0.3%
	RCL	B	0.08%	0.11%	0.08%
	REGN	D	0.49%	0.22%	0.22%
	RTX	A	0.23%	0.46%	0.23%
	SBAC	C	0.03%	0.15%	0.03%
	SBUX	B	0.09%	0.24%	0.09%
	SCHW	D	0.04%	0.16%	0.04%
	SLB	D	0.01%	0.1%	0.01%
	SPGI	C	0.27%	0.49%	0.27%
	STE	D	0.08%	0.16%	0.08%
	STLD	C	0.04%	0.11%	0.04%
	SYF	A	0.24%	0.17%	0.17%
	SYY	D	0.13%	0.1%	0.1%
	T	B	0.74%	0.16%	0.16%
	TAP	D	0.08%	0.18%	0.08%
	TFC	D	0.08%	0.12%	0.08%
	TFX	C	0.03%	0.1%	0.03%
	TGT	C	0.77%	0.24%	0.24%
	TMO	D	0.33%	0.25%	0.25%
	TRGP	A	0.09%	0.22%	0.09%
	TRV	B	0.2%	0.19%	0.19%
	TSCO	A	0.12%	0.16%	0.12%
	TXN	C	0.3%	0.72%	0.3%
	UBER	C	0.23%	0.24%	0.23%
	ULTA	D	0.04%	0.1%	0.04%
	UNH	B	0.79%	0.96%	0.79%
	UNP	F	0.54%	0.32%	0.32%
	UPS	D	0.25%	0.16%	0.16%
	URI	C	0.09%	0.13%	0.09%
	USB	C	0.1%	0.16%	0.1%
	V	B	0.28%	0.97%	0.28%
	VLO	F	0.16%	0.1%	0.1%
	VLTO	A	0.05%	0.21%	0.05%
	VRTX	D	0.22%	0.33%	0.22%
	VZ	C	1.11%	0.42%	0.42%
	WAT	B	0.05%	0.18%	0.05%
	WDC	C	0.08%	0.1%	0.08%
	WELL	C	0.11%	0.23%	0.11%
	WFC	B	0.73%	0.1%	0.1%
	WSM	C	0.21%	0.15%	0.15%
	WST	D	0.04%	0.1%	0.04%
	WTW	C	0.1%	0.1%	0.1%
	XOM	A	0.42%	0.6%	0.42%
	XYL	C	0.12%	0.25%	0.12%
	ZTS	C	0.06%	0.39%	0.06%

MFUS Overweight 590 Positions Relative to ESGU

	Symbol	Grade	Weight
	WMT	A	1.68%
	PM	D	0.83%
	LMT	A	0.82%
	CVS	D	0.71%
	MO	D	0.66%
	TJX	D	0.38%
	TMUS	A	0.38%
	EBAY	A	0.38%
	MPC	D	0.36%
	AIG	C	0.34%
	GM	D	0.32%
	ICE	A	0.3%
	AZO	D	0.29%
	THC	D	0.29%
	KLAC	B	0.28%
	ALL	A	0.26%
	MDLZ	D	0.26%
	WM	B	0.26%
	CHTR	D	0.25%
	GD	C	0.24%
	ANF	D	0.24%
	AON	A	0.23%
	LHX	A	0.23%
	SHW	C	0.22%
	VST	A	0.21%
	BSX	A	0.2%
	WSO	C	0.2%
	SFM	A	0.2%
	CTAS	C	0.19%
	GLW	C	0.19%
	ORLY	A	0.19%
	LYB	B	0.18%
	UTHR	C	0.18%
	MSI	A	0.18%
	CB	A	0.17%
	TDG	A	0.17%
	RMD	C	0.17%
	VRSK	D	0.17%
	SPG	A	0.16%
	TSN	D	0.16%
	F	D	0.15%
	CASY	D	0.15%
	MUSA	D	0.15%
	BAH	C	0.15%
	CME	A	0.14%
	DUK	C	0.14%
	SMCI	F	0.14%
	PLTR	A	0.14%
	EXR	D	0.13%
	EFX	D	0.13%
	DPZ	D	0.13%
	RSG	D	0.13%
	VTRS	D	0.13%
	PH	A	0.13%
	SO	A	0.13%
	YUM	C	0.12%
	RPM	A	0.12%
	BDX	C	0.12%
	AMP	A	0.12%
	DD	C	0.11%
	CSX	D	0.11%
	BX	C	0.11%
	EVR	C	0.11%
	WBA	F	0.11%
	FAST	C	0.11%
	APH	D	0.11%
	BRO	A	0.11%
	MPWR	B	0.1%
	AOS	C	0.1%
	CW	A	0.1%
	NVR	C	0.1%
	DG	F	0.1%
	ITW	C	0.1%
	FOXA	B	0.1%
	CRS	B	0.1%
	AVY	D	0.1%
	JKHY	A	0.1%
	PSA	C	0.1%
	AEO	C	0.09%
	AEP	C	0.09%
	GPI	C	0.09%
	DKS	D	0.09%
	ALSN	A	0.09%
	LSTR	F	0.09%
	EHC	C	0.09%
	TMHC	C	0.09%
	JXN	A	0.09%
	DASH	A	0.09%
	CACI	A	0.09%
	BWXT	A	0.09%
	LPX	C	0.08%
	ATR	A	0.08%
	OTIS	A	0.08%
	EQH	B	0.08%
	SLG	C	0.08%
	SRE	C	0.08%
	TYL	D	0.08%
	CPRT	B	0.08%
	GEHC	C	0.08%
	HRB	C	0.08%
	TROW	D	0.08%
	AYI	A	0.08%
	ARES	A	0.08%
	ITT	C	0.08%
	GPK	D	0.08%
	WMB	A	0.08%
	NSC	C	0.07%
	NSIT	B	0.07%
	MLM	F	0.07%
	R	C	0.07%
	TTC	F	0.07%
	UFPI	C	0.07%
	AN	D	0.07%
	PKG	B	0.07%
	MTH	C	0.07%
	ROL	C	0.07%
	NKE	D	0.07%
	HCC	C	0.07%
	VNO	B	0.07%
	BCC	C	0.07%
	MLI	B	0.07%
	WU	D	0.07%
	MNST	D	0.07%
	GLPI	C	0.07%
	WCC	D	0.07%
	LEN	C	0.07%
	THO	C	0.07%
	EMR	B	0.07%
	NRG	A	0.07%
	UHS	D	0.07%
	CALM	A	0.07%
	SEIC	B	0.07%
	HLI	A	0.07%
	ABG	D	0.07%
	TXRH	A	0.06%
	SEE	C	0.06%
	BC	C	0.06%
	CNX	A	0.06%
	FFIV	B	0.06%
	HSY	D	0.06%
	STZ	D	0.06%
	L	C	0.06%
	COIN	F	0.06%
	JLL	C	0.06%
	AMG	B	0.06%
	FTNT	A	0.06%
	ERIE	A	0.06%
	TPH	C	0.06%
	BERY	C	0.06%
	RGA	B	0.06%
	PK	D	0.06%
	OMC	C	0.06%
	CRI	D	0.06%
	CPT	C	0.06%
	MMS	C	0.06%
	O	C	0.06%
	MSCI	B	0.06%
	FCN	C	0.06%
	TTWO	D	0.06%
	CCK	C	0.06%
	CHE	D	0.06%
	SCI	D	0.06%
	ROP	D	0.06%
	MSM	D	0.06%
	INGR	B	0.06%
	EXP	C	0.06%
	MAS	C	0.06%
	TOL	C	0.06%
	ARW	C	0.05%
	MHO	C	0.05%
	NDSN	C	0.05%
	NFG	A	0.05%
	CUBE	C	0.05%
	URBN	F	0.05%
	IBKR	A	0.05%
	CAG	D	0.05%
	HBI	B	0.05%
	GNRC	B	0.05%
	SLGN	B	0.05%
	USFD	C	0.05%
	COOP	B	0.05%
	G	A	0.05%
	SQ	D	0.05%
	ATI	C	0.05%
	SEB	F	0.05%
	GNTX	D	0.05%
	VIRT	B	0.05%
	BAX	D	0.05%
	LPLA	D	0.05%
	WAB	A	0.05%
	LUMN	C	0.05%
	TEX	F	0.05%
	WEN	B	0.05%
	MTN	D	0.05%
	ATGE	D	0.05%
	ALLY	F	0.05%
	CBT	B	0.05%
	NXST	D	0.05%
	BTU	B	0.05%
	KTB	C	0.05%
	FCNCA	D	0.05%
	OGN	F	0.05%
	APP	A	0.05%
	LECO	D	0.05%
	GAP	F	0.05%
	SKYW	B	0.05%
	LAMR	C	0.05%
	TW	A	0.05%
	POST	C	0.05%
	SUI	D	0.05%
	FIX	A	0.05%
	CMC	D	0.05%
	SLM	B	0.05%
	LANC	F	0.04%
	KBH	D	0.04%
	TDS	C	0.04%
	NYT	C	0.04%
	DBRG	D	0.04%
	UNM	A	0.04%
	BHF	D	0.04%
	AVT	B	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%
	CDW	D	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%
	CMA	C	0.04%
	CTVA	A	0.04%
	COLD	D	0.04%
	SLVM	C	0.04%
	NBIX	F	0.04%
	PSTG	F	0.04%
	SON	D	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%
	GATX	F	0.04%
	FLEX	B	0.04%
	INVH	D	0.04%
	TKR	B	0.04%
	MAR	A	0.04%
	FLO	D	0.04%
	AROC	B	0.04%
	VRSN	C	0.04%
	TGNA	B	0.04%
	FTI	B	0.04%
	HEI	C	0.04%
	CRBG	B	0.04%
	SMG	C	0.04%
	VTR	C	0.04%
	ABM	D	0.04%
	CNO	B	0.04%
	AGNC	B	0.04%
	CE	D	0.04%
	RS	D	0.04%
	KD	D	0.04%
	LOPE	D	0.04%
	ETR	A	0.04%
	OLN	D	0.04%
	RGLD	C	0.04%
	FL	F	0.04%
	EMN	C	0.04%
	SRCL	B	0.04%
	BLDR	C	0.04%
	THG	A	0.04%
	DCI	B	0.04%
	AR	C	0.04%
	GVA	A	0.04%
	CRUS	D	0.04%
	SJM	D	0.04%
	SIG	C	0.04%
	MOG.A	C	0.04%
	BKE	B	0.03%
	APAM	B	0.03%
	NEU	F	0.03%
	MTG	A	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%
	LW	D	0.03%
	MSA	F	0.03%
	LZB	D	0.03%
	HXL	F	0.03%
	RYN	C	0.03%
	UNF	A	0.03%
	WHR	C	0.03%
	ADNT	F	0.03%
	COKE	C	0.03%
	HOG	D	0.03%
	XRAY	D	0.03%
	JBL	C	0.03%
	XPO	F	0.03%
	FNF	C	0.03%
	DK	F	0.03%
	CPAY	A	0.03%
	BKU	D	0.03%
	VC	F	0.03%
	DDS	D	0.03%
	MASI	B	0.03%
	RLI	A	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%
	MATX	C	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%
	MTB	A	0.03%
	WH	C	0.03%
	GGG	C	0.03%
	SM	D	0.03%
	AWI	A	0.03%
	AVB	C	0.03%
	RPRX	D	0.03%
	MAN	D	0.03%
	OSK	F	0.03%
	GBX	C	0.03%
	AVA	D	0.03%
	MORN	B	0.03%
	MDU	C	0.03%
	IVZ	A	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%
	SHOO	A	0.03%
	RUSHA	D	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%
	LAD	C	0.02%
	KIM	C	0.02%
	FR	D	0.02%
	ALGN	D	0.02%
	DNOW	F	0.02%
	EVRG	C	0.02%
	WAL	C	0.02%
	TTEK	A	0.02%
	SSNC	C	0.02%
	ATO	A	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%
	AES	C	0.02%
	SATS	C	0.02%
	CSL	A	0.02%
	LXP	D	0.02%
	JBLU	B	0.02%
	ODP	F	0.02%
	EWBC	B	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%
	RHI	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%
	DTE	B	0.02%
	GWRE	A	0.02%
	VVV	D	0.02%
	MCY	B	0.02%
	LNT	B	0.02%
	DOV	C	0.02%
	YELP	D	0.02%
	PMT	B	0.02%
	CC	D	0.02%
	CINF	A	0.02%
	EPC	F	0.02%
	MAA	D	0.02%
	BRKR	D	0.02%
	NSP	F	0.02%
	AGCO	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%
	MKTX	B	0.02%
	DLB	D	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%
	WMS	D	0.02%
	PINC	F	0.02%
	RRC	D	0.02%
	FAF	C	0.02%
	PAG	D	0.02%
	WRB	C	0.02%
	ACA	C	0.02%
	LBRDK	C	0.02%
	JEF	A	0.02%
	ORA	C	0.02%
	OMF	D	0.02%
	PDCO	F	0.02%
	WERN	D	0.02%
	PNM	B	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%
	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%
	SSB	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%
	PB	D	0.01%
	ARMK	C	0.01%
	ESI	C	0.01%
	CFR	B	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%
	WOR	F	0.01%
	SVC	D	0.01%
	PNW	C	0.01%
	IDCC	A	0.01%
	SR	D	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%
	MOS	F	0.01%
	SIGI	D	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%
	CBSH	D	0.01%
	WTFC	B	0.01%
	CADE	B	0.01%
	CNM	F	0.01%
	ONB	D	0.01%
	BRC	C	0.01%
	XRX	D	0.01%
	DTM	A	0.01%
	DXC	C	0.01%
	FELE	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%
	SF	A	0.01%
	LADR	D	0.01%
	NNI	B	0.01%
	WWD	C	0.01%
	ZION	D	0.01%
	AMWD	C	0.01%
	GME	D	0.01%
	GOLF	F	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%
	IOSP	F	0.01%
	TNET	D	0.01%
	H	B	0.01%
	REZI	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%
	ESNT	A	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 66 Positions Relative to ESGU

	Symbol	Grade	Weight
	MSFT	D	-6.03%
	GOOG	B	-2.34%
	TSLA	C	-1.48%
	GOOGL	B	-1.19%
	CRM	B	-0.62%
	INTU	F	-0.55%
	AMD	C	-0.53%
	TT	A	-0.46%
	DIS	D	-0.4%
	LIN	C	-0.38%
	HON	C	-0.37%
	CRH	C	-0.37%
	EQIX	C	-0.34%
	HES	D	-0.31%
	NXPI	F	-0.29%
	LKQ	F	-0.25%
	EW	F	-0.24%
	FLUT	B	-0.23%
	DE	C	-0.23%
	SNPS	F	-0.21%
	COR	F	-0.21%
	KEYS	B	-0.21%
	BG	F	-0.2%
	CDNS	D	-0.2%
	FERG	F	-0.2%
	COO	C	-0.19%
	MELI	D	-0.19%
	ETN	B	-0.18%
	DAL	C	-0.18%
	WDAY	D	-0.17%
	LNG	A	-0.17%
	FTV	C	-0.15%
	AXON	A	-0.15%
	PLD	D	-0.15%
	IQV	F	-0.15%
	GEV	A	-0.14%
	ADI	B	-0.14%
	ACGL	A	-0.14%
	CNH	C	-0.13%
	J	F	-0.13%
	OVV	D	-0.13%
	MRVL	C	-0.13%
	WY	C	-0.12%
	FBIN	C	-0.12%
	HUBS	D	-0.11%
	FSLR	C	-0.11%
	TRMB	B	-0.11%
	EQT	C	-0.11%
	FOX	B	-0.11%
	VEEV	C	-0.11%
	FI	A	-0.11%
	MOH	F	-0.1%
	MDB	D	-0.1%
	FDX	F	-0.1%
	LULU	D	-0.1%
	SYK	C	-0.1%
	TEAM	D	-0.1%
	STX	C	-0.1%
	TWLO	B	-0.1%
	DXCM	F	-0.09%
	ZBH	F	-0.09%
	WTRG	D	-0.09%
	LH	D	-0.09%
	SNOW	F	-0.08%
	MRNA	F	-0.07%
	AMTM	D	-0.02%

MFUS: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Asset Management Business Services Packaged Foods Software - Application Specialty Chemicals Specialty Retail Utilities - Regulated Electric Capital Markets Aerospace & Defense Credit Services Insurance - Property & Casualty REIT - Diversified Building Materials Engineering & Construction Medical Instruments & Supplies Packaging & Containers Information Technology Services REIT - Residential

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Chemical Aerospace Banking Real Estate Investment Trust Bank Computing Mining Electricity Electronics Telecommunications Transport Beverage Clothing Dow Jones Component Retail Store Retailing

ESGU: Top Represented Industries & Keywords

Industries: Software - Application Diagnostics & Research Drug Manufacturers - Major Semiconductors Diversified Industrials Credit Services Business Services Capital Markets Medical Instruments & Supplies Oil & Gas E&P Packaged Foods Specialty Retail Health Care Plans Household & Personal Products Integrated Shipping & Logistics Specialty Chemicals Utilities - Regulated Electric Aerospace & Defense Asset Management Banks - Global

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Natural Gas Insurance Telecommunications Bank Cloud Computing Electronics Medicine Banking Chemical Electricity Work From Home IBD 50 Aerospace Disability Petroleum Industry Cloud Infrastructure