MFUS vs. EVUS ETF Comparison

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

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

$51.89

Average Daily Volume

5,619

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

EVUS

iShares ESG Aware MSCI USA Value ETF

EVUS Description

EVUS tracks an index of large- and mid-cap US value stocks perceived to have positive ESG characteristics. The parent index, MSCI USA Value Index, identifies value stocks through book value-to-price ratio, 12-month forward earnings-to-price ratio, and dividend yield. Securities are then screened to exclude companies involved in controversial businesses and issues (e.g., weapons, tobacco, climate change issues). All selected securities are assigned an ESG score that evaluates a companys exposure to key ESG issues based on the companys business segment and geographic risk, as well as their strategies and programs to manage these risks and opportunities. Using a sector-specific weighting model, companies are rated and ranked against industry peers. The quantitative process leans toward higher-rated stocks while also considering market-cap and constraints based on the parent index. The fund may engage in securities lending. The index is reviewed and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$30.74

Average Daily Volume

1,444

Number of Holdings ^*

234

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	EVUS
30 Days	2.73%	2.65%
60 Days	3.41%	3.47%
90 Days	5.38%	6.09%
12 Months	32.49%	29.50%

190 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in EVUS	Overlap
A	D	0.05%	0.19%	0.05%
ABBV	D	1.36%	0.92%	0.92%
ACN	C	0.25%	0.56%	0.25%
ADM	D	0.22%	0.11%	0.11%
ADP	B	0.11%	1.24%	0.11%
AFL	B	0.21%	0.23%	0.21%
AIZ	A	0.09%	0.2%	0.09%
AKAM	D	0.02%	0.12%	0.02%
AMGN	D	0.94%	0.74%	0.74%
AMT	D	0.13%	0.59%	0.13%
ANSS	B	0.05%	0.35%	0.05%
AVGO	D	1.59%	2.9%	1.59%
AVTR	F	0.03%	0.09%	0.03%
AVY	D	0.09%	0.09%	0.09%
AXP	A	0.23%	0.9%	0.23%
BAC	A	0.45%	1.33%	0.45%
BALL	D	0.07%	0.1%	0.07%
BBY	D	0.21%	0.28%	0.21%
BIIB	F	0.07%	0.1%	0.07%
BK	A	0.18%	0.74%	0.18%
BKR	B	0.08%	0.31%	0.08%
BLK	C	0.19%	0.31%	0.19%
BMY	B	0.41%	0.42%	0.41%
BR	A	0.17%	0.73%	0.17%
BRK.A	B	2.42%	1.19%	1.19%
BXP	D	0.02%	0.12%	0.02%
C	A	0.69%	0.69%	0.69%
CAG	D	0.04%	0.09%	0.04%
CAH	B	0.27%	0.31%	0.27%
CARR	D	0.05%	0.4%	0.05%
CAT	B	0.2%	0.75%	0.2%
CB	C	0.16%	0.13%	0.13%
CBRE	B	0.05%	0.35%	0.05%
CCI	D	0.07%	0.6%	0.07%
CCK	C	0.06%	0.1%	0.06%
CHD	B	0.07%	0.29%	0.07%
CHRW	C	0.14%	0.4%	0.14%
CI	F	0.13%	0.58%	0.13%
CLX	B	0.12%	0.43%	0.12%
CMCSA	B	0.16%	0.4%	0.16%
CMI	A	0.14%	0.78%	0.14%
CMS	C	0.03%	0.38%	0.03%
CNC	D	0.04%	0.18%	0.04%
COF	B	0.29%	0.18%	0.18%
COP	C	0.07%	0.82%	0.07%
COR	B	0.17%	0.49%	0.17%
CPB	D	0.04%	0.12%	0.04%
CSCO	B	0.68%	1.01%	0.68%
CVS	D	0.65%	0.09%	0.09%
CVX	A	0.39%	1.26%	0.39%
D	C	0.07%	0.28%	0.07%
DD	D	0.1%	0.1%	0.1%
DFS	B	0.1%	0.45%	0.1%
DG	F	0.09%	0.06%	0.06%
DGX	A	0.09%	0.3%	0.09%
DHI	D	0.06%	0.16%	0.06%
DHR	F	0.24%	0.7%	0.24%
DLR	B	0.09%	0.47%	0.09%
DLTR	F	0.03%	0.06%	0.03%
DOV	A	0.04%	0.1%	0.04%
DOW	F	0.02%	0.1%	0.02%
EA	A	0.18%	0.41%	0.18%
ECL	D	0.08%	0.64%	0.08%
ED	D	0.05%	0.25%	0.05%
EIX	B	0.05%	0.28%	0.05%
ELV	F	0.16%	0.65%	0.16%
ES	D	0.03%	0.23%	0.03%
EXC	C	0.07%	0.35%	0.07%
EXPD	D	0.11%	0.51%	0.11%
FANG	D	0.05%	0.11%	0.05%
FDS	B	0.04%	0.19%	0.04%
FI	A	0.19%	0.38%	0.19%
FIS	C	0.07%	0.25%	0.07%
GEHC	F	0.07%	0.09%	0.07%
GEN	B	0.11%	0.11%	0.11%
GILD	C	0.87%	0.96%	0.87%
GIS	D	0.17%	0.6%	0.17%
GS	A	0.41%	0.84%	0.41%
HBAN	A	0.03%	0.29%	0.03%
HCA	F	0.25%	0.3%	0.25%
HD	A	0.62%	2.07%	0.62%
HIG	B	0.06%	0.47%	0.06%
HII	D	0.02%	0.12%	0.02%
HOLX	D	0.03%	0.14%	0.03%
HPE	B	0.11%	0.35%	0.11%
HPQ	B	0.28%	0.17%	0.17%
HRL	D	0.02%	0.12%	0.02%
HUBB	B	0.03%	0.14%	0.03%
IBM	C	1.05%	1.17%	1.05%
ICE	C	0.29%	0.1%	0.1%
IEX	B	0.09%	0.17%	0.09%
IFF	D	0.03%	0.12%	0.03%
INTC	D	0.2%	0.57%	0.2%
IP	B	0.09%	0.16%	0.09%
IPG	D	0.04%	0.08%	0.04%
IR	B	0.09%	0.15%	0.09%
IRM	D	0.12%	0.34%	0.12%
ITW	B	0.1%	0.1%	0.1%
JBHT	C	0.02%	0.16%	0.02%
JCI	C	0.07%	0.38%	0.07%
JNJ	D	1.18%	1.43%	1.18%
JNPR	F	0.13%	0.11%	0.11%
JPM	A	0.99%	2.81%	0.99%
K	A	0.15%	0.89%	0.15%
KDP	D	0.07%	0.21%	0.07%
KHC	F	0.15%	0.26%	0.15%
KMB	D	0.16%	0.36%	0.16%
KMI	A	0.11%	0.81%	0.11%
KO	D	1.0%	1.67%	1.0%
KR	B	0.38%	0.41%	0.38%
LDOS	C	0.11%	0.11%	0.11%
LOW	D	0.35%	0.74%	0.35%
LYB	F	0.15%	0.08%	0.08%
MCD	D	0.53%	0.63%	0.53%
MDLZ	F	0.23%	0.09%	0.09%
MET	A	0.32%	0.52%	0.32%
MKC	D	0.05%	0.14%	0.05%
MKTX	D	0.02%	0.11%	0.02%
MMC	B	0.2%	0.24%	0.2%
MMM	D	0.6%	0.6%	0.6%
MRK	F	0.84%	0.52%	0.52%
MRO	B	0.03%	0.18%	0.03%
MS	A	0.22%	1.07%	0.22%
MU	D	0.16%	0.41%	0.16%
NDAQ	A	0.05%	0.38%	0.05%
NEE	D	0.22%	0.82%	0.22%
NEM	D	0.16%	0.28%	0.16%
NI	A	0.02%	0.67%	0.02%
NKE	D	0.06%	0.08%	0.06%
NOC	D	0.35%	0.4%	0.35%
NTAP	C	0.1%	0.1%	0.1%
NTRS	A	0.03%	0.16%	0.03%
NUE	C	0.08%	0.25%	0.08%
OC	A	0.02%	0.21%	0.02%
OKE	A	0.1%	0.77%	0.1%
ORCL	B	1.52%	1.31%	1.31%
PAYX	C	0.04%	0.12%	0.04%
PEG	A	0.06%	0.96%	0.06%
PEP	F	0.74%	0.84%	0.74%
PFE	D	0.57%	0.55%	0.55%
PFG	D	0.01%	0.12%	0.01%
PG	A	1.01%	1.5%	1.01%
PGR	A	0.59%	0.39%	0.39%
PHM	D	0.1%	0.13%	0.1%
PNC	B	0.12%	0.62%	0.12%
PNR	A	0.02%	0.63%	0.02%
PPG	F	0.04%	0.34%	0.04%
PRU	A	0.23%	1.02%	0.23%
PSA	D	0.09%	0.11%	0.09%
PSX	C	0.23%	0.33%	0.23%
PYPL	B	0.12%	0.24%	0.12%
QCOM	F	0.77%	0.63%	0.63%
REGN	F	0.36%	0.22%	0.22%
RMD	C	0.16%	0.1%	0.1%
RTX	C	0.22%	0.79%	0.22%
SBUX	A	0.09%	0.37%	0.09%
SCHW	B	0.05%	0.4%	0.05%
SLB	C	0.01%	0.28%	0.01%
SPGI	C	0.29%	0.65%	0.29%
STE	F	0.07%	0.3%	0.07%
STLD	B	0.04%	0.11%	0.04%
STZ	D	0.06%	0.09%	0.06%
SYF	B	0.31%	0.47%	0.31%
SYY	B	0.12%	0.09%	0.09%
T	A	0.73%	0.38%	0.38%
TAP	C	0.09%	0.33%	0.09%
TFC	A	0.09%	0.24%	0.09%
TFX	F	0.02%	0.15%	0.02%
TGT	F	0.74%	0.43%	0.43%
TJX	A	0.37%	0.18%	0.18%
TMO	F	0.28%	0.11%	0.11%
TRV	B	0.2%	0.46%	0.2%
TSCO	D	0.11%	0.23%	0.11%
TTC	D	0.06%	0.09%	0.06%
TXN	C	0.29%	1.47%	0.29%
ULTA	F	0.04%	0.09%	0.04%
UNH	C	0.79%	2.04%	0.79%
UPS	C	0.24%	0.32%	0.24%
URI	B	0.09%	0.27%	0.09%
USB	A	0.11%	0.28%	0.11%
VLO	C	0.16%	0.23%	0.16%
VZ	C	1.0%	0.79%	0.79%
WDC	D	0.08%	0.11%	0.08%
WELL	A	0.12%	0.46%	0.12%
WFC	A	0.97%	0.28%	0.28%
WMB	A	0.1%	0.16%	0.1%
WTW	B	0.11%	0.14%	0.11%
XOM	B	0.43%	1.54%	0.43%
XYL	D	0.1%	0.41%	0.1%
ZTS	D	0.05%	0.43%	0.05%

MFUS Overweight 625 Positions Relative to EVUS

Symbol	Grade	Weight
LLY	F	2.39%
META	D	2.35%
NVDA	C	1.9%
WMT	A	1.71%
AMZN	C	1.71%
COST	B	1.35%
AAPL	C	0.96%
PM	B	0.87%
LMT	D	0.75%
MO	A	0.73%
MCK	B	0.63%
GE	D	0.56%
AMAT	F	0.55%
NFLX	A	0.52%
UNP	C	0.51%
TMUS	B	0.43%
BKNG	A	0.42%
GM	B	0.4%
NOW	A	0.36%
EBAY	D	0.36%
CL	D	0.35%
MPC	D	0.34%
AIG	B	0.34%
V	A	0.31%
CHTR	C	0.3%
ISRG	A	0.29%
THC	D	0.28%
WM	A	0.28%
MA	C	0.28%
AZO	C	0.28%
LHX	C	0.26%
ALL	A	0.26%
FICO	B	0.25%
PANW	C	0.25%
SFM	A	0.25%
ANF	C	0.25%
GD	F	0.24%
AON	A	0.24%
KLAC	D	0.23%
PLTR	B	0.23%
VST	B	0.23%
SHW	A	0.22%
VRTX	F	0.22%
UBER	D	0.21%
LII	A	0.21%
GWW	B	0.21%
MSI	B	0.2%
GLW	B	0.2%
BSX	B	0.2%
ORLY	B	0.2%
CMG	B	0.2%
UTHR	C	0.19%
CTAS	B	0.19%
TSN	B	0.18%
AMP	A	0.18%
WSM	B	0.18%
DECK	A	0.17%
HWM	A	0.17%
LRCX	F	0.17%
WSO	A	0.17%
AJG	B	0.16%
F	C	0.16%
DVA	B	0.16%
MUSA	A	0.16%
SPG	B	0.16%
CASY	A	0.16%
VRSK	A	0.16%
TDG	D	0.15%
MCO	B	0.15%
BAH	F	0.15%
IT	C	0.15%
KKR	A	0.15%
CME	A	0.14%
ANET	C	0.14%
VTRS	A	0.14%
PH	A	0.14%
BX	A	0.13%
SO	D	0.13%
DPZ	C	0.13%
EVR	B	0.13%
FAST	B	0.13%
DUK	C	0.13%
RSG	A	0.13%
RPM	A	0.13%
YUM	B	0.13%
WBA	F	0.12%
BRO	B	0.12%
GDDY	A	0.12%
PWR	A	0.12%
APH	A	0.12%
CW	B	0.11%
CEG	D	0.11%
TRGP	B	0.11%
CRS	A	0.11%
DASH	A	0.11%
ALSN	B	0.11%
EFX	F	0.11%
EXR	D	0.11%
BWXT	B	0.11%
CSX	B	0.11%
APP	B	0.11%
FOXA	B	0.11%
BDX	F	0.11%
COIN	C	0.1%
HLT	A	0.1%
AYI	B	0.1%
PKG	A	0.1%
JXN	C	0.1%
JKHY	D	0.1%
RCL	A	0.1%
SEIC	B	0.09%
CPRT	A	0.09%
MLI	C	0.09%
EMR	A	0.09%
ARES	A	0.09%
WCC	B	0.09%
CALM	A	0.09%
LSTR	D	0.09%
TROW	B	0.09%
ADSK	A	0.09%
EHC	B	0.09%
CACI	D	0.09%
TMHC	B	0.09%
NVR	D	0.09%
GPI	A	0.09%
HRB	D	0.08%
AEP	D	0.08%
LPX	B	0.08%
DKS	C	0.08%
AOS	F	0.08%
SLG	B	0.08%
SRE	A	0.08%
GPK	C	0.08%
ABG	B	0.08%
ATR	B	0.08%
TYL	B	0.08%
MTD	D	0.08%
HLI	B	0.08%
ITT	A	0.08%
EQH	B	0.08%
ROL	B	0.07%
GLPI	C	0.07%
MSCI	C	0.07%
SCI	B	0.07%
LPLA	A	0.07%
UFPI	B	0.07%
EXP	A	0.07%
BCC	B	0.07%
INGR	B	0.07%
POOL	C	0.07%
NSC	B	0.07%
MLM	B	0.07%
SKYW	B	0.07%
GEO	B	0.07%
CNX	A	0.07%
VNO	B	0.07%
THO	B	0.07%
NRG	B	0.07%
R	B	0.07%
FTNT	C	0.07%
AEO	F	0.07%
OTIS	C	0.07%
TTWO	A	0.07%
MNST	C	0.07%
HCC	B	0.07%
G	B	0.06%
VIRT	B	0.06%
BC	C	0.06%
TW	A	0.06%
GAP	C	0.06%
SEE	C	0.06%
ATGE	B	0.06%
TPH	D	0.06%
BFH	B	0.06%
LECO	B	0.06%
JLL	D	0.06%
GNRC	B	0.06%
CPT	B	0.06%
BERY	B	0.06%
KTB	B	0.06%
CHE	D	0.06%
MPWR	F	0.06%
SLM	A	0.06%
UHS	D	0.06%
CMC	B	0.06%
FCNCA	A	0.06%
MTH	D	0.06%
FIX	A	0.06%
IBKR	A	0.06%
LUMN	C	0.06%
MAS	D	0.06%
WU	D	0.06%
SQ	B	0.06%
L	A	0.06%
PK	B	0.06%
TXRH	C	0.06%
FFIV	B	0.06%
AMG	B	0.06%
AN	C	0.06%
RGA	A	0.06%
MSM	C	0.06%
OMC	C	0.06%
ROP	B	0.06%
TOL	B	0.06%
ALNY	D	0.06%
LEN	D	0.06%
TDS	B	0.05%
NFG	A	0.05%
CNO	A	0.05%
PRIM	A	0.05%
FLEX	A	0.05%
THG	A	0.05%
AR	B	0.05%
ETR	B	0.05%
NSIT	F	0.05%
LOPE	B	0.05%
URBN	C	0.05%
MOG.A	B	0.05%
SUI	D	0.05%
TGNA	B	0.05%
WST	C	0.05%
GNTX	C	0.05%
MTN	C	0.05%
EXEL	B	0.05%
CRI	D	0.05%
USFD	A	0.05%
SLGN	A	0.05%
POST	C	0.05%
COOP	B	0.05%
TEX	D	0.05%
LAMR	D	0.05%
KD	B	0.05%
IDXX	F	0.05%
CBT	C	0.05%
GVA	A	0.05%
NXST	C	0.05%
HBI	B	0.05%
ALLY	C	0.05%
WEN	D	0.05%
FCN	D	0.05%
WAB	B	0.05%
MMS	F	0.05%
HSY	F	0.05%
WAT	B	0.05%
SMCI	F	0.05%
BTU	B	0.05%
O	D	0.05%
SON	D	0.04%
AVT	C	0.04%
OSK	B	0.04%
XPO	B	0.04%
LANC	C	0.04%
TKR	D	0.04%
EQR	B	0.04%
PPL	B	0.04%
AWI	A	0.04%
SEM	B	0.04%
AMH	D	0.04%
CRUS	D	0.04%
CXW	B	0.04%
ESS	B	0.04%
INVH	D	0.04%
SMG	D	0.04%
JWN	C	0.04%
CTVA	C	0.04%
PSTG	D	0.04%
AGNC	D	0.04%
BDC	B	0.04%
SLVM	B	0.04%
CLH	B	0.04%
FLO	D	0.04%
ADBE	C	0.04%
WH	B	0.04%
ELS	C	0.04%
FL	F	0.04%
MTB	A	0.04%
EMN	D	0.04%
OLN	D	0.04%
CFG	B	0.04%
ARW	D	0.04%
CPNG	D	0.04%
RUSHA	C	0.04%
TRN	C	0.04%
SANM	B	0.04%
VTR	C	0.04%
BLDR	D	0.04%
RGLD	C	0.04%
CVLT	B	0.04%
NBIX	C	0.04%
VRSN	F	0.04%
BAX	D	0.04%
NWSA	B	0.04%
CUBE	D	0.04%
SJM	D	0.04%
WTM	A	0.04%
PTC	A	0.04%
OGN	D	0.04%
BHF	B	0.04%
ATI	D	0.04%
MAC	B	0.04%
GBX	A	0.04%
HUBG	A	0.04%
HEI	B	0.04%
FTI	A	0.04%
VLTO	D	0.04%
SIG	B	0.04%
MHO	D	0.04%
ZBRA	B	0.04%
GATX	A	0.04%
CRBG	B	0.04%
FITB	A	0.04%
EME	C	0.04%
HOOD	B	0.04%
JHG	A	0.04%
CMA	A	0.04%
UNM	A	0.04%
RS	B	0.04%
AROC	B	0.04%
ABM	B	0.04%
NDSN	B	0.04%
ERIE	D	0.04%
DCI	B	0.04%
WERN	C	0.04%
MAR	B	0.04%
COKE	C	0.03%
RRC	B	0.03%
HXL	D	0.03%
SBAC	D	0.03%
GMED	A	0.03%
DRH	B	0.03%
PNM	F	0.03%
ACA	A	0.03%
KMPR	B	0.03%
LZB	B	0.03%
KEY	B	0.03%
WPC	D	0.03%
HAE	C	0.03%
UNF	B	0.03%
PINC	B	0.03%
APAM	B	0.03%
FNF	B	0.03%
VC	D	0.03%
MAN	D	0.03%
DK	C	0.03%
JEF	A	0.03%
AMKR	D	0.03%
COLD	D	0.03%
LBRDK	C	0.03%
DRI	B	0.03%
BKE	B	0.03%
FHI	A	0.03%
LNC	B	0.03%
OMF	A	0.03%
RPRX	D	0.03%
BURL	A	0.03%
X	C	0.03%
TER	D	0.03%
DELL	C	0.03%
UDR	B	0.03%
PLXS	B	0.03%
CDW	F	0.03%
WHR	B	0.03%
CG	A	0.03%
OI	C	0.03%
PRG	C	0.03%
APLE	B	0.03%
ASO	F	0.03%
SHOO	D	0.03%
JBL	B	0.03%
AVB	B	0.03%
AVA	A	0.03%
DBRG	F	0.03%
LW	C	0.03%
HSIC	B	0.03%
COHR	B	0.03%
RL	B	0.03%
FE	C	0.03%
GMS	B	0.03%
BKU	A	0.03%
CDP	C	0.03%
RLI	B	0.03%
BLD	D	0.03%
DDS	B	0.03%
GGG	B	0.03%
KBH	D	0.03%
GNW	A	0.03%
DOX	D	0.03%
SM	B	0.03%
IVZ	B	0.03%
CPAY	A	0.03%
MC	C	0.03%
MATX	C	0.03%
MASI	A	0.03%
TPX	B	0.03%
NYT	C	0.03%
BJ	A	0.03%
ACM	A	0.03%
MORN	B	0.03%
MANH	D	0.03%
ODP	F	0.02%
IOSP	B	0.02%
LXP	D	0.02%
SAH	A	0.02%
KEX	C	0.02%
LEG	F	0.02%
TTMI	B	0.02%
VSH	D	0.02%
SSNC	B	0.02%
EVRG	A	0.02%
LAUR	A	0.02%
UAL	A	0.02%
KIM	A	0.02%
AA	B	0.02%
SF	B	0.02%
BHE	B	0.02%
BRKR	D	0.02%
GT	C	0.02%
GME	C	0.02%
WBS	A	0.02%
PHIN	A	0.02%
ATO	A	0.02%
BEN	C	0.02%
RF	A	0.02%
WAL	B	0.02%
CSL	C	0.02%
AXTA	A	0.02%
ANDE	D	0.02%
ZION	B	0.02%
APG	B	0.02%
SNV	B	0.02%
NSP	D	0.02%
HP	B	0.02%
VFC	C	0.02%
ODFL	B	0.02%
HST	C	0.02%
DNOW	B	0.02%
DTE	C	0.02%
LAD	A	0.02%
REZI	A	0.02%
PMT	D	0.02%
HNI	B	0.02%
XRAY	F	0.02%
WKC	D	0.02%
SNDR	B	0.02%
OSIS	B	0.02%
NAVI	C	0.02%
WMS	D	0.02%
LNW	D	0.02%
EPC	D	0.02%
M	D	0.02%
MAA	B	0.02%
LNT	A	0.02%
AGCO	D	0.02%
KBR	F	0.02%
JBLU	F	0.02%
PFSI	D	0.02%
VVV	F	0.02%
THS	D	0.02%
RHI	B	0.02%
SKX	D	0.02%
CC	C	0.02%
DLB	B	0.02%
NWL	B	0.02%
OHI	C	0.02%
MDU	D	0.02%
SXT	B	0.02%
RLJ	C	0.02%
YELP	C	0.02%
DORM	B	0.02%
APOG	B	0.02%
GWRE	A	0.02%
SAM	C	0.02%
CTLT	B	0.02%
PSN	D	0.02%
XHR	B	0.02%
PDCO	D	0.02%
PBF	D	0.02%
CINF	A	0.02%
EWBC	A	0.02%
NTCT	C	0.02%
VSCO	B	0.02%
MCY	A	0.02%
AIR	B	0.02%
HOG	D	0.02%
CE	F	0.02%
FAF	A	0.02%
SBH	C	0.02%
PAG	B	0.02%
BFAM	D	0.02%
VSTO	A	0.02%
KSS	F	0.02%
PVH	C	0.02%
CCL	B	0.02%
RYN	D	0.02%
ADNT	F	0.02%
ORA	B	0.02%
MTG	C	0.02%
GEF	A	0.02%
MSA	D	0.02%
WRB	A	0.02%
NEU	C	0.02%
GHC	C	0.02%
STC	B	0.02%
SVC	F	0.01%
QRVO	F	0.01%
AAP	C	0.01%
CPRI	F	0.01%
NOV	C	0.01%
KNX	B	0.01%
RKT	F	0.01%
UHAL	D	0.01%
JELD	F	0.01%
DINO	D	0.01%
SCL	C	0.01%
MLKN	D	0.01%
IGT	F	0.01%
CACC	D	0.01%
PARA	C	0.01%
RVTY	F	0.01%
ARI	C	0.01%
WOR	F	0.01%
ELAN	D	0.01%
CNXN	C	0.01%
SPR	D	0.01%
CLF	F	0.01%
ACI	C	0.01%
GIII	D	0.01%
UGI	A	0.01%
ECPG	B	0.01%
ALEX	C	0.01%
UVV	B	0.01%
JBGS	D	0.01%
HTH	B	0.01%
SEB	F	0.01%
MKSI	C	0.01%
RDN	C	0.01%
IMKTA	C	0.01%
XRX	F	0.01%
SR	A	0.01%
ARMK	B	0.01%
OUT	A	0.01%
PNW	B	0.01%
SHO	C	0.01%
WGO	C	0.01%
AMED	F	0.01%
CNS	B	0.01%
SSB	B	0.01%
SWX	B	0.01%
KALU	C	0.01%
ESI	A	0.01%
CENTA	C	0.01%
CVI	F	0.01%
MOS	F	0.01%
ARCH	B	0.01%
PECO	A	0.01%
PB	A	0.01%
CNM	D	0.01%
SAIC	F	0.01%
OMI	F	0.01%
FDP	B	0.01%
SIGI	C	0.01%
LEA	D	0.01%
WAFD	B	0.01%
CROX	D	0.01%
BRC	D	0.01%
DY	D	0.01%
SPB	C	0.01%
PPC	C	0.01%
NNN	D	0.01%
AES	F	0.01%
CFR	B	0.01%
FELE	B	0.01%
DAN	D	0.01%
WMK	C	0.01%
MHK	D	0.01%
FLR	B	0.01%
KN	B	0.01%
STRA	C	0.01%
BBWI	D	0.01%
ESNT	D	0.01%
TPR	B	0.01%
DXC	B	0.01%
IDCC	A	0.01%
LADR	B	0.01%
INCY	C	0.01%
NNI	D	0.01%
GES	F	0.01%
ESAB	B	0.01%
CWEN	C	0.01%
ONB	B	0.01%
CBSH	A	0.01%
WWD	B	0.01%
TTEK	F	0.01%
MUR	D	0.01%
CR	A	0.01%
ICUI	D	0.01%
CSGS	B	0.01%
BMRN	D	0.01%
TNET	D	0.01%
FYBR	D	0.01%
HE	C	0.01%
CADE	B	0.01%
WTFC	A	0.01%
FHN	A	0.01%
PSMT	C	0.01%
ALGN	D	0.01%
ADC	B	0.01%
H	B	0.01%
SATS	D	0.01%
RBC	A	0.01%
UHAL	D	0.01%
BWA	D	0.01%
GOLF	B	0.01%
FR	C	0.01%
DTM	B	0.01%
DEI	B	0.01%
AMWD	C	0.01%
PTEN	C	0.01%
SCS	C	0.01%
VNT	B	0.01%
TDC	D	0.01%
SCCO	F	0.0%
NOMD	D	0.0%
WOLF	F	0.0%
HUN	F	0.0%

MFUS Underweight 44 Positions Relative to EVUS

Symbol	Grade	Weight
DIS	B	-0.88%
HON	B	-0.86%
CRH	A	-0.76%
EQIX	A	-0.61%
NXPI	D	-0.52%
LIN	D	-0.49%
FERG	B	-0.43%
DE	A	-0.43%
LKQ	D	-0.39%
OVV	B	-0.39%
FLUT	A	-0.36%
KEYS	A	-0.35%
BG	F	-0.32%
COO	D	-0.3%
DAL	C	-0.3%
PLD	D	-0.3%
ETN	A	-0.29%
FTV	C	-0.27%
ADI	D	-0.27%
WY	D	-0.26%
CNH	C	-0.24%
ABT	B	-0.24%
ZBH	C	-0.23%
GEV	B	-0.23%
FBIN	D	-0.23%
FDX	B	-0.23%
LH	C	-0.22%
WTRG	B	-0.21%
J	F	-0.21%
TRMB	B	-0.2%
STT	A	-0.18%
EQT	B	-0.16%
ACGL	D	-0.16%
TWLO	A	-0.15%
ALLE	D	-0.15%
ROK	B	-0.13%
FOX	A	-0.13%
SOLV	C	-0.11%
CBOE	B	-0.11%
AZPN	A	-0.11%
APD	A	-0.11%
HUM	C	-0.1%
FSLR	F	-0.1%
KMX	B	-0.09%