MFUS vs. ILCG ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to iShares Morningstar Growth ETF (ILCG)

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

$46.70

Average Daily Volume

6,620

Number of Holdings ^*

769

* may have additional holdings in another (foreign) market

ILCG

iShares Morningstar Growth ETF

ILCG Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap Broad Growth IndexSM composed of large- and mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large- mid capitalization companies that have exhibited above-average âgrowthâ characteristics as determined by Morningstar, Inc. (Morningstarâ or the index provider) proprietary index methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$76.85

Average Daily Volume

100,555

Number of Holdings ^*

390

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	ILCG
30 Days	4.85%	5.80%
60 Days	2.10%	3.05%
90 Days	5.68%	5.65%
12 Months	25.12%	34.10%

252 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in ILCG	Overlap
AAPL	C	0.74%	11.32%	0.74%
ACM	D	0.05%	0.02%	0.02%
ACN	F	0.59%	0.2%	0.2%
ADBE	F	0.49%	0.92%	0.49%
ADP	B	0.09%	0.19%	0.09%
ADSK	F	0.17%	0.2%	0.17%
AJG	A	0.15%	0.13%	0.13%
AKAM	F	0.05%	0.03%	0.03%
ALGN	F	0.03%	0.05%	0.03%
AMD	D	0.51%	0.45%	0.45%
AMH	B	0.03%	0.03%	0.03%
AMP	B	0.01%	0.1%	0.01%
AMZN	C	1.62%	7.49%	1.62%
ANET	B	0.16%	0.32%	0.16%
ANSS	D	0.08%	0.12%	0.08%
AON	F	0.17%	0.1%	0.1%
AOS	D	0.11%	0.03%	0.03%
APH	B	0.15%	0.12%	0.12%
APO	B	0.12%	0.11%	0.11%
APP	C	0.03%	0.05%	0.03%
ARES	B	0.1%	0.1%	0.1%
AVGO	B	1.68%	0.89%	0.89%
AVY	B	0.08%	0.03%	0.03%
AZO	D	0.23%	0.06%	0.06%
BAH	B	0.15%	0.05%	0.05%
BALL	B	0.02%	0.03%	0.02%
BJ	B	0.01%	0.02%	0.01%
BKNG	C	0.61%	0.32%	0.32%
BKR	D	0.13%	0.08%	0.08%
BMRN	F	0.02%	0.06%	0.02%
BR	C	0.16%	0.09%	0.09%
BRKR	D	0.03%	0.03%	0.03%
BRO	A	0.11%	0.08%	0.08%
BSX	A	0.22%	0.23%	0.22%
BSY	A	0.04%	0.05%	0.04%
CAH	F	0.3%	0.04%	0.04%
CARR	B	0.04%	0.11%	0.04%
CASY	B	0.13%	0.04%	0.04%
CAT	C	0.56%	0.18%	0.18%
CCK	C	0.06%	0.02%	0.02%
CDNS	D	0.17%	0.33%	0.17%
CDW	D	0.04%	0.13%	0.04%
CEG	C	0.16%	0.28%	0.16%
CHD	B	0.06%	0.08%	0.06%
CHDN	C	0.03%	0.04%	0.03%
CHE	F	0.06%	0.02%	0.02%
CLH	B	0.04%	0.03%	0.03%
CLX	F	0.12%	0.03%	0.03%
CMG	B	0.25%	0.34%	0.25%
CMI	D	0.11%	0.07%	0.07%
COIN	D	0.08%	0.15%	0.08%
COST	B	1.18%	0.75%	0.75%
CPAY	D	0.05%	0.05%	0.05%
CPRT	D	0.23%	0.19%	0.19%
CPT	B	0.05%	0.02%	0.02%
CRM	D	0.55%	1.09%	0.55%
CSL	B	0.01%	0.09%	0.01%
CTAS	B	0.2%	0.17%	0.17%
CTVA	C	0.04%	0.07%	0.04%
CUBE	C	0.03%	0.02%	0.02%
DASH	D	0.09%	0.14%	0.09%
DD	A	0.1%	0.07%	0.07%
DECK	C	0.16%	0.09%	0.09%
DFS	C	0.05%	0.07%	0.05%
DLR	C	0.08%	0.11%	0.08%
DLTR	F	0.04%	0.04%	0.04%
DPZ	C	0.22%	0.08%	0.08%
DRI	F	0.02%	0.03%	0.02%
EA	F	0.07%	0.08%	0.07%
EBAY	C	0.26%	0.04%	0.04%
EFX	D	0.08%	0.12%	0.08%
ELS	D	0.03%	0.03%	0.03%
EME	B	0.03%	0.05%	0.03%
ENTG	D	0.05%	0.08%	0.05%
EQIX	D	0.05%	0.31%	0.05%
ERIE	C	0.07%	0.04%	0.04%
ETN	C	0.28%	0.21%	0.21%
EXPD	D	0.06%	0.03%	0.03%
EXPE	F	0.03%	0.03%	0.03%
EXR	C	0.06%	0.05%	0.05%
FAST	D	0.1%	0.16%	0.1%
FCNCA	B	0.05%	0.09%	0.05%
FDS	C	0.06%	0.07%	0.06%
FFIV	D	0.02%	0.02%	0.02%
FICO	A	0.18%	0.13%	0.13%
FLEX	C	0.05%	0.02%	0.02%
FND	C	0.04%	0.05%	0.04%
FTNT	D	0.06%	0.16%	0.06%
GDDY	B	0.08%	0.07%	0.07%
GE	C	0.83%	0.51%	0.51%
GEHC	D	0.02%	0.06%	0.02%
GGG	D	0.08%	0.06%	0.06%
GOOGL	A	1.71%	2.6%	1.71%
GPC	D	0.02%	0.04%	0.02%
GPN	F	0.06%	0.06%	0.06%
GWW	D	0.21%	0.18%	0.18%
HII	D	0.02%	0.02%	0.02%
HLT	D	0.11%	0.2%	0.11%
HRL	C	0.01%	0.01%	0.01%
HST	D	0.02%	0.05%	0.02%
HSY	C	0.06%	0.13%	0.06%
HUBB	D	0.09%	0.09%	0.09%
HWM	A	0.14%	0.13%	0.13%
IBKR	A	0.05%	0.05%	0.05%
ICE	B	0.26%	0.08%	0.08%
IDXX	C	0.16%	0.17%	0.16%
IEX	D	0.09%	0.07%	0.07%
INCY	D	0.01%	0.04%	0.01%
INTU	B	0.32%	0.7%	0.32%
INVH	B	0.09%	0.05%	0.05%
IR	C	0.09%	0.15%	0.09%
IRM	B	0.1%	0.04%	0.04%
ISRG	B	0.29%	0.54%	0.29%
IT	D	0.14%	0.14%	0.14%
JBHT	F	0.02%	0.06%	0.02%
JBL	F	0.1%	0.04%	0.04%
JKHY	C	0.09%	0.05%	0.05%
KBR	C	0.03%	0.02%	0.02%
KLAC	B	0.32%	0.16%	0.16%
KMB	C	0.15%	0.08%	0.08%
LBRDK	D	0.02%	0.01%	0.01%
LECO	D	0.1%	0.06%	0.06%
LII	B	0.21%	0.07%	0.07%
LLY	B	2.52%	2.75%	2.52%
LOW	D	0.24%	0.15%	0.15%
LPLA	C	0.08%	0.08%	0.08%
LVS	F	0.03%	0.06%	0.03%
LW	F	0.06%	0.05%	0.05%
MA	D	0.99%	1.59%	0.99%
MANH	D	0.06%	0.06%	0.06%
MAR	D	0.16%	0.15%	0.15%
MCD	F	0.4%	0.31%	0.31%
MCO	A	0.15%	0.16%	0.15%
META	D	2.37%	2.63%	2.37%
MKC	C	0.07%	0.04%	0.04%
MKTX	D	0.02%	0.03%	0.02%
MLM	D	0.07%	0.16%	0.07%
MMC	A	0.38%	0.2%	0.2%
MNST	F	0.08%	0.18%	0.08%
MOH	F	0.03%	0.05%	0.03%
MORN	D	0.03%	0.03%	0.03%
MPC	D	0.76%	0.09%	0.09%
MPWR	C	0.07%	0.13%	0.07%
MRK	B	1.07%	0.78%	0.78%
MRVL	C	0.12%	0.24%	0.12%
MSCI	F	0.06%	0.16%	0.06%
MSFT	B	1.47%	12.91%	1.47%
MSI	A	0.07%	0.14%	0.07%
MTCH	F	0.03%	0.03%	0.03%
MTD	B	0.09%	0.12%	0.09%
MTN	F	0.05%	0.02%	0.02%
NBIX	B	0.04%	0.06%	0.04%
NDAQ	B	0.02%	0.03%	0.02%
NDSN	C	0.05%	0.06%	0.05%
NFLX	B	0.55%	1.12%	0.55%
NKE	F	0.07%	0.31%	0.07%
NOW	C	0.3%	0.59%	0.3%
NRG	B	0.07%	0.03%	0.03%
NTAP	B	0.09%	0.03%	0.03%
NVDA	C	1.91%	8.9%	1.91%
ODFL	F	0.01%	0.15%	0.01%
OKTA	D	0.03%	0.06%	0.03%
ORCL	C	1.36%	0.27%	0.27%
ORLY	D	0.2%	0.12%	0.12%
OTIS	C	0.07%	0.11%	0.07%
PANW	C	0.23%	0.39%	0.23%
PAYX	B	0.05%	0.17%	0.05%
PEP	B	0.64%	0.22%	0.22%
PGR	C	0.23%	0.38%	0.23%
PH	D	0.14%	0.11%	0.11%
PINS	B	0.06%	0.1%	0.06%
PLTR	D	0.1%	0.16%	0.1%
PNR	B	0.1%	0.03%	0.03%
POOL	D	0.07%	0.03%	0.03%
PPG	F	0.05%	0.07%	0.05%
PSA	C	0.03%	0.18%	0.03%
PSTG	B	0.04%	0.06%	0.04%
PTC	C	0.05%	0.09%	0.05%
PWR	C	0.07%	0.12%	0.07%
RCL	B	0.07%	0.08%	0.07%
REGN	B	0.27%	0.1%	0.1%
RHI	F	0.03%	0.01%	0.01%
RMD	B	0.11%	0.13%	0.11%
ROL	C	0.05%	0.06%	0.05%
ROP	C	0.14%	0.11%	0.11%
ROST	D	0.09%	0.18%	0.09%
RPM	C	0.1%	0.04%	0.04%
RRC	B	0.05%	0.04%	0.04%
RSG	D	0.11%	0.06%	0.06%
SAIA	F	0.03%	0.05%	0.03%
SBAC	F	0.02%	0.09%	0.02%
SBUX	F	0.07%	0.21%	0.07%
SCI	D	0.05%	0.01%	0.01%
SHW	D	0.19%	0.09%	0.09%
SLB	F	0.08%	0.14%	0.08%
SMCI	D	0.31%	0.17%	0.17%
SNAP	C	0.04%	0.04%	0.04%
SNOW	D	0.11%	0.2%	0.11%
SNPS	C	0.18%	0.34%	0.18%
SPGI	B	0.33%	0.25%	0.25%
STE	C	0.11%	0.09%	0.09%
STZ	D	0.04%	0.1%	0.04%
SUI	F	0.04%	0.03%	0.03%
SYK	D	0.24%	0.22%	0.22%
SYY	D	0.07%	0.16%	0.07%
TDG	C	0.17%	0.29%	0.17%
TER	B	0.03%	0.04%	0.03%
TFX	D	0.03%	0.02%	0.02%
TJX	B	0.36%	0.2%	0.2%
TMUS	B	0.11%	0.12%	0.11%
TRGP	A	0.05%	0.06%	0.05%
TRV	D	0.2%	0.08%	0.08%
TSCO	A	0.07%	0.07%	0.07%
TTC	D	0.09%	0.04%	0.04%
TTWO	D	0.12%	0.1%	0.1%
TW	B	0.05%	0.05%	0.05%
TWLO	D	0.02%	0.04%	0.02%
TXT	D	0.03%	0.04%	0.03%
TYL	B	0.06%	0.08%	0.06%
U	F	0.02%	0.02%	0.02%
UAL	C	0.01%	0.03%	0.01%
UBER	D	0.27%	0.42%	0.27%
UDR	C	0.05%	0.03%	0.03%
UHAL	C	0.03%	0.0%	0.0%
UHAL	C	0.02%	0.01%	0.01%
UHAL	C	0.02%	0.0%	0.0%
UHAL	C	0.03%	0.01%	0.01%
ULTA	F	0.06%	0.04%	0.04%
URI	C	0.1%	0.11%	0.1%
USFD	B	0.08%	0.03%	0.03%
V	B	0.22%	1.86%	0.22%
VEEV	D	0.07%	0.13%	0.07%
VMC	D	0.07%	0.15%	0.07%
VRSK	A	0.27%	0.15%	0.15%
VRSN	F	0.05%	0.06%	0.05%
VRTX	B	0.23%	0.45%	0.23%
VST	B	0.25%	0.07%	0.07%
WAB	A	0.04%	0.09%	0.04%
WAT	B	0.05%	0.05%	0.05%
WDAY	D	0.11%	0.22%	0.11%
WELL	B	0.11%	0.14%	0.11%
WM	B	0.09%	0.1%	0.09%
WRB	D	0.02%	0.04%	0.02%
WSM	C	0.28%	0.03%	0.03%
WSO	B	0.22%	0.04%	0.04%
WST	F	0.1%	0.11%	0.1%
WTW	D	0.04%	0.06%	0.04%
XPO	D	0.04%	0.03%	0.03%
XYL	A	0.08%	0.14%	0.08%
YUM	B	0.12%	0.16%	0.12%
Z	F	0.02%	0.01%	0.01%
ZTS	D	0.05%	0.19%	0.05%

MFUS Overweight 519 Positions Relative to ILCG

Symbol	Grade	Weight
BRK.A	B	1.95%
WMT	A	1.62%
JPM	A	1.2%
IBM	D	1.1%
WFC	C	1.02%
QCOM	B	0.94%
JNJ	D	0.91%
C	B	0.9%
XOM	B	0.77%
PG	A	0.76%
AMGN	B	0.75%
INTC	F	0.71%
GILD	F	0.7%
T	B	0.7%
AMAT	B	0.69%
CVS	F	0.67%
CVX	B	0.66%
CMCSA	F	0.65%
ABBV	D	0.65%
PSX	D	0.64%
MCK	A	0.61%
VZ	C	0.59%
TGT	D	0.59%
UNP	C	0.59%
KO	B	0.54%
PM	B	0.49%
CSCO	F	0.49%
PFE	D	0.46%
LRCX	D	0.45%
MO	A	0.45%
HD	D	0.45%
GM	B	0.44%
LMT	B	0.42%
VLO	D	0.4%
COF	C	0.38%
AIG	A	0.36%
KR	D	0.33%
F	D	0.31%
ALL	C	0.29%
ANF	A	0.29%
SYF	C	0.27%
ADM	D	0.27%
MU	B	0.27%
THC	B	0.25%
PRU	A	0.25%
WBA	F	0.25%
TXN	B	0.24%
BX	C	0.24%
UPS	D	0.23%
GEV	D	0.22%
BMY	F	0.22%
LYB	D	0.22%
MMM	A	0.21%
NOC	C	0.2%
MDLZ	C	0.2%
BK	A	0.2%
CHTR	F	0.2%
MET	A	0.19%
HPQ	C	0.19%
SPG	C	0.18%
CL	B	0.18%
BBY	D	0.17%
GS	A	0.17%
HPE	C	0.17%
KKR	B	0.16%
GLW	A	0.16%
WDC	C	0.15%
SFM	A	0.15%
DVA	B	0.15%
UTHR	A	0.14%
MUSA	B	0.14%
HCA	C	0.14%
PHM	B	0.14%
KHC	D	0.13%
VTRS	D	0.13%
PCAR	D	0.12%
TSN	B	0.12%
AEO	D	0.12%
WCC	C	0.11%
GPK	C	0.11%
COP	D	0.11%
FTI	C	0.11%
TROW	D	0.1%
AN	C	0.1%
AFL	A	0.1%
JNPR	D	0.1%
WRK	A	0.1%
LHX	A	0.1%
ALLY	B	0.1%
BIIB	D	0.1%
EMR	B	0.1%
CSX	D	0.1%
BDX	F	0.09%
CE	D	0.09%
TAP	F	0.09%
EXC	C	0.09%
GIS	C	0.09%
TOL	B	0.09%
DELL	B	0.09%
DG	D	0.09%
HRB	B	0.09%
DHI	D	0.09%
NUE	D	0.09%
OMC	B	0.09%
FIS	A	0.09%
CRS	B	0.09%
LSTR	C	0.09%
LEN	B	0.09%
EVR	A	0.09%
AYI	C	0.08%
CW	B	0.08%
CMC	B	0.08%
GPI	B	0.08%
OGN	B	0.08%
WIRE	C	0.08%
ITW	D	0.08%
ELV	A	0.08%
SEE	C	0.08%
OSK	D	0.08%
JXN	B	0.08%
ITT	A	0.08%
CACI	B	0.08%
WU	D	0.08%
MTH	B	0.08%
RS	D	0.08%
CME	C	0.08%
LDOS	A	0.07%
WEN	F	0.07%
THO	F	0.07%
FCN	B	0.07%
ATR	C	0.07%
MSM	F	0.07%
ALSN	D	0.07%
KD	B	0.07%
HLI	C	0.07%
UFPI	C	0.07%
SEIC	D	0.07%
HCC	C	0.07%
IPG	D	0.07%
CHRW	C	0.07%
PBF	D	0.07%
ABG	C	0.07%
SLM	D	0.07%
GNTX	D	0.07%
DKS	D	0.07%
TEX	C	0.07%
TMHC	B	0.07%
OC	C	0.07%
EHC	C	0.07%
CCL	F	0.07%
UNM	B	0.07%
GPS	D	0.07%
K	C	0.07%
SLG	C	0.06%
SIG	C	0.06%
CNX	B	0.06%
ARW	C	0.06%
EXP	D	0.06%
DGX	A	0.06%
GLPI	C	0.06%
SMG	D	0.06%
NEM	B	0.06%
LPX	B	0.06%
X	F	0.06%
NSIT	B	0.06%
TPX	C	0.06%
NWSA	C	0.06%
UHS	B	0.06%
TXRH	B	0.06%
CRI	F	0.06%
CTSH	F	0.06%
URBN	C	0.06%
NVR	D	0.06%
MRO	D	0.06%
BCC	D	0.06%
PK	D	0.06%
BC	F	0.06%
BWXT	D	0.06%
LAMR	B	0.05%
AMG	D	0.05%
CBT	B	0.05%
LANC	D	0.05%
DDS	C	0.05%
FL	F	0.05%
AVT	B	0.05%
M	D	0.05%
POST	B	0.05%
BLDR	D	0.05%
PAG	C	0.05%
SKYW	C	0.05%
MAC	D	0.05%
PVH	D	0.05%
HXL	C	0.05%
WPC	C	0.05%
PR	D	0.05%
HIG	A	0.05%
LOPE	C	0.05%
FITB	B	0.05%
L	B	0.05%
OLN	C	0.05%
BERY	D	0.05%
SANM	B	0.05%
TPH	B	0.05%
AIZ	D	0.05%
MAS	D	0.05%
EQH	A	0.05%
INGR	B	0.05%
KTB	A	0.05%
ATI	C	0.05%
NXST	C	0.05%
R	B	0.05%
TKR	C	0.05%
FIX	C	0.05%
MMS	B	0.05%
CALM	D	0.05%
MLI	C	0.05%
HUBG	C	0.04%
RGLD	A	0.04%
BHF	F	0.04%
MOG.A	C	0.04%
WTM	D	0.04%
KBH	B	0.04%
SM	D	0.04%
DLB	C	0.04%
BLD	D	0.04%
APLE	F	0.04%
HP	F	0.04%
THG	A	0.04%
GNW	B	0.04%
GATX	A	0.04%
APG	D	0.04%
PDCO	F	0.04%
CRUS	B	0.04%
MUR	D	0.04%
NOV	D	0.04%
OMF	C	0.04%
HAE	B	0.04%
GT	D	0.04%
LEA	F	0.04%
DK	D	0.04%
BDC	C	0.04%
GMS	D	0.04%
COLD	D	0.04%
BEN	F	0.04%
AR	A	0.04%
OI	F	0.04%
TGNA	C	0.04%
NFG	B	0.04%
WHR	F	0.04%
AES	B	0.04%
SON	B	0.04%
COOP	B	0.04%
KDP	C	0.04%
VVV	D	0.04%
SEM	B	0.04%
XRAY	F	0.04%
SLGN	C	0.04%
FLO	C	0.04%
DCI	C	0.04%
ATGE	B	0.04%
MAN	C	0.04%
GNRC	C	0.04%
VSH	C	0.04%
AXTA	C	0.04%
NYT	B	0.04%
BTU	F	0.04%
IVZ	C	0.04%
KSS	D	0.04%
MHO	C	0.04%
VC	D	0.04%
APAM	B	0.03%
SSD	F	0.03%
RLI	A	0.03%
JEF	A	0.03%
EMN	C	0.03%
VIRT	B	0.03%
AROC	B	0.03%
AA	B	0.03%
SJM	F	0.03%
AWI	D	0.03%
WH	F	0.03%
AGNC	A	0.03%
KMI	A	0.03%
ETRN	B	0.03%
TDC	F	0.03%
SWK	D	0.03%
VNO	F	0.03%
RUSHA	D	0.03%
SEB	D	0.03%
MDU	B	0.03%
NAVI	F	0.03%
FOXA	C	0.03%
OMI	F	0.03%
SHOO	C	0.03%
VNT	D	0.03%
SBH	D	0.03%
HOLX	D	0.03%
SLVM	B	0.03%
PRI	D	0.03%
TDS	B	0.03%
CC	C	0.03%
RPRX	F	0.03%
AVA	C	0.03%
DOX	F	0.03%
BBWI	B	0.03%
JHG	B	0.03%
TRN	B	0.03%
MOS	F	0.03%
SKX	B	0.03%
YELP	F	0.03%
NVT	C	0.03%
CNO	A	0.03%
PKG	C	0.03%
BAX	F	0.03%
HSIC	C	0.03%
GBX	C	0.03%
MTG	C	0.03%
GVA	B	0.03%
LNC	C	0.03%
SITC	B	0.03%
IP	B	0.03%
ASO	F	0.03%
ACA	C	0.03%
DBRG	F	0.03%
JWN	C	0.03%
WTS	B	0.03%
ADNT	F	0.03%
GEO	D	0.03%
AMKR	C	0.03%
FHI	D	0.03%
RL	D	0.03%
G	D	0.03%
SOLV	F	0.03%
SRCL	F	0.03%
ABM	C	0.03%
MSA	B	0.03%
HNI	B	0.02%
CVLT	B	0.02%
CVI	F	0.02%
IOSP	B	0.02%
LEG	F	0.02%
PSN	D	0.02%
EWBC	B	0.02%
DNOW	D	0.02%
APOG	B	0.02%
OSIS	C	0.02%
CFG	A	0.02%
TREX	D	0.02%
IGT	F	0.02%
MCY	B	0.02%
COHR	D	0.02%
CAG	C	0.02%
CRBG	C	0.02%
PFSI	B	0.02%
CBRL	F	0.02%
STLD	D	0.02%
HELE	D	0.02%
EXEL	F	0.02%
DXC	F	0.02%
AIT	B	0.02%
ROKU	F	0.02%
JLL	B	0.02%
LNW	D	0.02%
COKE	C	0.02%
ANDE	F	0.02%
SAM	F	0.02%
SCHW	B	0.02%
PARA	D	0.02%
PRIM	B	0.02%
PTEN	F	0.02%
GMED	B	0.02%
CROX	C	0.02%
FAF	D	0.02%
DAN	C	0.02%
SXT	B	0.02%
PLXS	B	0.02%
NTCT	D	0.02%
LUMN	F	0.02%
PMT	B	0.02%
GHC	B	0.02%
PNM	D	0.02%
RGA	A	0.02%
THS	F	0.02%
STC	B	0.02%
LZB	C	0.02%
OHI	C	0.02%
PRG	C	0.02%
KMPR	C	0.02%
ORA	C	0.02%
BKE	D	0.02%
UNF	D	0.02%
XHR	D	0.02%
FLS	B	0.02%
EPC	C	0.02%
GEF	F	0.02%
NYCB	D	0.02%
FR	F	0.02%
FNF	B	0.02%
PINC	F	0.02%
DRH	F	0.02%
STWD	B	0.02%
CG	D	0.02%
MASI	D	0.02%
BWA	C	0.02%
NSP	F	0.02%
WERN	D	0.02%
RYN	F	0.02%
MC	B	0.02%
ODP	F	0.02%
CIM	D	0.02%
REZI	C	0.02%
AIR	C	0.02%
RLJ	F	0.02%
XRX	F	0.02%
BFAM	D	0.02%
GES	C	0.02%
NEU	D	0.02%
HOG	D	0.02%
AGCO	F	0.02%
WMS	C	0.02%
SHO	D	0.02%
CXW	D	0.02%
NWL	D	0.01%
KNX	F	0.01%
FIZZ	D	0.01%
IART	F	0.01%
WOLF	F	0.01%
SCHL	D	0.01%
VSTO	C	0.01%
JAZZ	F	0.01%
TDOC	F	0.01%
SCL	C	0.01%
ECPG	C	0.01%
GXO	D	0.01%
JBGS	F	0.01%
RRR	D	0.01%
TPR	D	0.01%
IONS	F	0.01%
APA	F	0.01%
WAFD	C	0.01%
JBLU	D	0.01%
UVV	C	0.01%
PECO	F	0.01%
SITE	F	0.01%
MLKN	C	0.01%
STAG	C	0.01%
ACI	D	0.01%
CACC	F	0.01%
WGO	F	0.01%
MKSI	C	0.01%
DOOR	A	0.01%
HE	D	0.01%
AMED	C	0.01%
MHK	C	0.01%
CPB	C	0.01%
SOFI	F	0.01%
SVC	F	0.01%
PFG	B	0.01%
JJSF	C	0.01%
SWN	B	0.01%
CSGS	F	0.01%
WTFC	B	0.01%
JELD	F	0.01%
SIGI	F	0.01%
CMA	B	0.01%
ELAN	B	0.01%
VFC	F	0.01%
ESAB	C	0.01%
HBI	D	0.01%
ZION	B	0.01%
SPB	C	0.01%
BECN	C	0.01%
FELE	D	0.01%
KN	C	0.01%
SF	B	0.01%
TTMI	B	0.01%
SATS	C	0.01%
WAL	C	0.01%
DEI	C	0.01%
ADTN	D	0.01%
SPR	D	0.01%
DBX	D	0.01%
LADR	A	0.01%
SYNA	D	0.01%
ARCB	F	0.01%
KALU	B	0.01%
ESNT	C	0.01%
NNI	A	0.01%
CENTA	B	0.01%
GWRE	B	0.01%
WOR	D	0.01%
KEX	A	0.01%
CWEN	C	0.01%
MATX	C	0.01%
PSMT	B	0.01%
H	D	0.01%
GOLF	C	0.01%
DINO	D	0.01%
WWD	A	0.01%
SNDR	D	0.01%
EVRG	C	0.01%
LAUR	B	0.01%
AMWD	C	0.01%
BHE	B	0.01%
TTEK	A	0.01%
SAH	C	0.01%
DORM	D	0.01%
LXP	D	0.01%
TNET	F	0.01%
SCS	C	0.01%
EGP	F	0.01%
BXP	C	0.01%
RIVN	D	0.01%
GD	A	0.01%
STRA	C	0.01%
CNM	B	0.01%
AMN	F	0.01%
SCCO	A	0.0%
NOMD	D	0.0%

MFUS Underweight 140 Positions Relative to ILCG

Symbol	Grade	Weight
GOOG	A	-2.36%
TSLA	D	-2.01%
UNH	C	-0.8%
MELI	B	-0.35%
TT	B	-0.32%
DIS	D	-0.32%
CRWD	C	-0.3%
TMO	B	-0.29%
LIN	D	-0.27%
ABNB	D	-0.25%
EW	D	-0.22%
DXCM	D	-0.21%
AMT	C	-0.19%
TTD	B	-0.17%
SQ	D	-0.17%
A	B	-0.17%
PLD	F	-0.16%
LULU	F	-0.16%
AME	D	-0.16%
CSGP	D	-0.15%
HAL	D	-0.14%
DE	D	-0.14%
ADI	B	-0.13%
EL	F	-0.13%
ROK	F	-0.13%
ECL	A	-0.13%
DDOG	D	-0.13%
VRT	C	-0.13%
IQV	D	-0.12%
FI	D	-0.12%
HUBS	D	-0.12%
TEAM	F	-0.11%
NXPI	B	-0.11%
LNG	D	-0.1%
MCHP	B	-0.1%
MDB	D	-0.1%
APTV	D	-0.1%
ACGL	A	-0.1%
DKNG	C	-0.09%
TEL	B	-0.09%
NET	F	-0.09%
AXON	D	-0.09%
JCI	B	-0.09%
ALNY	D	-0.08%
DAL	B	-0.08%
O	C	-0.08%
FSLR	C	-0.08%
ZS	F	-0.07%
VICI	C	-0.07%
CPNG	B	-0.07%
FTV	D	-0.07%
NTNX	B	-0.07%
LYV	D	-0.06%
FANG	C	-0.06%
VLTO	B	-0.06%
PEG	B	-0.06%
ZM	D	-0.06%
DOV	B	-0.06%
PYPL	D	-0.06%
FWONK	C	-0.06%
AWK	C	-0.06%
RBLX	F	-0.06%
CCI	D	-0.06%
ENPH	D	-0.06%
COO	C	-0.05%
RJF	B	-0.05%
J	F	-0.05%
PFGC	C	-0.05%
TDY	D	-0.05%
ON	D	-0.05%
MGM	F	-0.05%
TPL	C	-0.05%
BURL	D	-0.05%
GRMN	A	-0.05%
CTRA	B	-0.05%
DOCU	C	-0.05%
CELH	C	-0.05%
HES	C	-0.05%
CBRE	C	-0.05%
PODD	C	-0.05%
APD	C	-0.05%
TECH	C	-0.05%
KEYS	C	-0.05%
HEI	B	-0.05%
MKL	A	-0.05%
PAYC	F	-0.04%
EQR	B	-0.04%
DAY	D	-0.04%
REXR	F	-0.04%
HEI	B	-0.04%
TRU	C	-0.04%
WYNN	D	-0.04%
CINF	C	-0.04%
LSCC	F	-0.04%
EXAS	F	-0.04%
AVB	B	-0.04%
DVN	D	-0.04%
EPAM	F	-0.04%
DT	D	-0.04%
EQT	C	-0.04%
HUM	D	-0.04%
MAA	C	-0.03%
SNA	D	-0.03%
AEE	C	-0.03%
RNR	C	-0.03%
LUV	F	-0.03%
CNP	B	-0.03%
PCTY	C	-0.03%
ESS	B	-0.03%
ILMN	F	-0.03%
TRMB	D	-0.03%
WSC	F	-0.03%
FIVE	F	-0.03%
VTR	B	-0.03%
ZBRA	C	-0.03%
EG	C	-0.03%
ARE	C	-0.03%
LKQ	F	-0.02%
CZR	F	-0.02%
REG	C	-0.02%
WTRG	C	-0.02%
RRX	D	-0.02%
DOC	B	-0.02%
ETSY	F	-0.02%
CRL	D	-0.02%
ATO	B	-0.02%
CMS	A	-0.02%
ALLE	D	-0.02%
BILL	F	-0.02%
AZPN	B	-0.02%
KMX	F	-0.02%
PCOR	D	-0.02%
COTY	F	-0.01%
FWONA	C	-0.01%
LCID	D	-0.01%
BIO	F	-0.01%
WLK	B	-0.01%
AFG	B	-0.01%
LBRDA	D	-0.0%
ZG	F	-0.0%