MFUS vs. IYC ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to iShares U.S. Consumer Services ETF (IYC)

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

IYC

iShares U.S. Consumer Services ETF

IYC Description

The investment seeks to track the investment results of an index composed of U.S. equities in the consumer services sector. 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. It seeks to track the investment results of the Dow Jones U.S. Consumer Services Index (the "underlying index"), which measures the performance of the consumer services sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$95.99

Average Daily Volume

100,679

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	IYC
30 Days	2.73%	10.70%
60 Days	3.41%	9.75%
90 Days	5.38%	14.50%
12 Months	32.49%	36.06%

101 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in IYC	Overlap
AAP	C	0.01%	0.04%	0.01%
AMZN	C	1.71%	14.29%	1.71%
AN	C	0.06%	0.07%	0.06%
ARMK	B	0.01%	0.16%	0.01%
AZO	C	0.28%	0.85%	0.28%
BBWI	D	0.01%	0.11%	0.01%
BBY	D	0.21%	0.3%	0.21%
BFAM	D	0.02%	0.1%	0.02%
BJ	A	0.03%	0.18%	0.03%
BKNG	A	0.42%	2.74%	0.42%
BURL	A	0.03%	0.28%	0.03%
BWA	D	0.01%	0.12%	0.01%
CCL	B	0.02%	0.4%	0.02%
CMG	B	0.2%	1.29%	0.2%
COST	B	1.35%	4.5%	1.35%
CPNG	D	0.04%	0.45%	0.04%
CPRI	F	0.01%	0.04%	0.01%
CPRT	A	0.09%	0.79%	0.09%
CRI	D	0.05%	0.03%	0.03%
CROX	D	0.01%	0.09%	0.01%
DDS	B	0.03%	0.02%	0.02%
DECK	A	0.17%	0.43%	0.17%
DG	F	0.09%	0.27%	0.09%
DHI	D	0.06%	0.78%	0.06%
DKS	C	0.08%	0.18%	0.08%
DLTR	F	0.03%	0.21%	0.03%
DPZ	C	0.13%	0.25%	0.13%
DRI	B	0.03%	0.31%	0.03%
EA	A	0.18%	0.72%	0.18%
EBAY	D	0.36%	0.5%	0.36%
F	C	0.16%	0.7%	0.16%
FOXA	B	0.11%	0.17%	0.11%
GAP	C	0.06%	0.07%	0.06%
GM	B	0.4%	0.99%	0.4%
GME	C	0.02%	0.17%	0.02%
GNTX	C	0.05%	0.11%	0.05%
H	B	0.01%	0.11%	0.01%
HD	A	0.62%	4.46%	0.62%
HLT	A	0.1%	0.99%	0.1%
HOG	D	0.02%	0.06%	0.02%
HRB	D	0.08%	0.12%	0.08%
IPG	D	0.04%	0.17%	0.04%
JWN	C	0.04%	0.04%	0.04%
KSS	F	0.02%	0.03%	0.02%
LAD	A	0.02%	0.16%	0.02%
LEA	D	0.01%	0.08%	0.01%
LEG	F	0.02%	0.02%	0.02%
LEN	D	0.06%	0.03%	0.03%
LEN	D	0.06%	0.65%	0.06%
LNW	D	0.02%	0.13%	0.02%
LOPE	B	0.05%	0.08%	0.05%
LOW	D	0.35%	2.39%	0.35%
M	D	0.02%	0.07%	0.02%
MAR	B	0.04%	1.03%	0.04%
MCD	D	0.53%	3.38%	0.53%
MTN	C	0.05%	0.11%	0.05%
MUSA	A	0.16%	0.16%	0.16%
NFLX	A	0.52%	4.53%	0.52%
NKE	D	0.06%	1.43%	0.06%
NVR	D	0.09%	0.41%	0.09%
NWL	B	0.02%	0.06%	0.02%
NWSA	B	0.04%	0.18%	0.04%
NXST	C	0.05%	0.08%	0.05%
NYT	C	0.03%	0.14%	0.03%
OMC	C	0.06%	0.31%	0.06%
ORLY	B	0.2%	1.12%	0.2%
PAG	B	0.02%	0.05%	0.02%
PARA	C	0.01%	0.1%	0.01%
PHM	D	0.1%	0.43%	0.1%
POOL	C	0.07%	0.22%	0.07%
PVH	C	0.02%	0.09%	0.02%
RCL	A	0.1%	0.9%	0.1%
RL	B	0.03%	0.13%	0.03%
ROL	B	0.07%	0.22%	0.07%
SBUX	A	0.09%	1.8%	0.09%
SCI	B	0.07%	0.2%	0.07%
SKX	D	0.02%	0.13%	0.02%
TGT	F	0.74%	1.16%	0.74%
THO	B	0.07%	0.09%	0.07%
TJX	A	0.37%	2.19%	0.37%
TOL	B	0.06%	0.25%	0.06%
TPR	B	0.01%	0.21%	0.01%
TPX	B	0.03%	0.14%	0.03%
TSCO	D	0.11%	0.47%	0.11%
TTWO	A	0.07%	0.52%	0.07%
TXRH	C	0.06%	0.21%	0.06%
UAL	A	0.02%	0.5%	0.02%
UBER	D	0.21%	2.24%	0.21%
UHAL	D	0.01%	0.1%	0.01%
UHAL	D	0.01%	0.01%	0.01%
UHAL	D	0.01%	0.01%	0.01%
UHAL	D	0.01%	0.1%	0.01%
ULTA	F	0.04%	0.26%	0.04%
VFC	C	0.02%	0.11%	0.02%
VVV	F	0.02%	0.08%	0.02%
WEN	D	0.05%	0.05%	0.05%
WH	B	0.04%	0.12%	0.04%
WHR	B	0.03%	0.09%	0.03%
WMT	A	1.71%	4.38%	1.71%
WSM	B	0.18%	0.28%	0.18%
YUM	B	0.13%	0.6%	0.13%

MFUS Overweight 717 Positions Relative to IYC

Symbol	Grade	Weight
BRK.A	B	2.42%
LLY	F	2.39%
META	D	2.35%
NVDA	C	1.9%
AVGO	D	1.59%
ORCL	B	1.52%
ABBV	D	1.36%
JNJ	D	1.18%
IBM	C	1.05%
PG	A	1.01%
VZ	C	1.0%
KO	D	1.0%
JPM	A	0.99%
WFC	A	0.97%
AAPL	C	0.96%
AMGN	D	0.94%
GILD	C	0.87%
PM	B	0.87%
MRK	F	0.84%
UNH	C	0.79%
QCOM	F	0.77%
LMT	D	0.75%
PEP	F	0.74%
MO	A	0.73%
T	A	0.73%
C	A	0.69%
CSCO	B	0.68%
CVS	D	0.65%
MCK	B	0.63%
MMM	D	0.6%
PGR	A	0.59%
PFE	D	0.57%
GE	D	0.56%
AMAT	F	0.55%
UNP	C	0.51%
BAC	A	0.45%
XOM	B	0.43%
TMUS	B	0.43%
GS	A	0.41%
BMY	B	0.41%
CVX	A	0.39%
KR	B	0.38%
NOW	A	0.36%
REGN	F	0.36%
CL	D	0.35%
NOC	D	0.35%
MPC	D	0.34%
AIG	B	0.34%
MET	A	0.32%
V	A	0.31%
SYF	B	0.31%
CHTR	C	0.3%
ISRG	A	0.29%
ICE	C	0.29%
TXN	C	0.29%
COF	B	0.29%
SPGI	C	0.29%
THC	D	0.28%
WM	A	0.28%
MA	C	0.28%
HPQ	B	0.28%
TMO	F	0.28%
CAH	B	0.27%
LHX	C	0.26%
ALL	A	0.26%
FICO	B	0.25%
ACN	C	0.25%
PANW	C	0.25%
HCA	F	0.25%
SFM	A	0.25%
ANF	C	0.25%
DHR	F	0.24%
GD	F	0.24%
UPS	C	0.24%
AON	A	0.24%
KLAC	D	0.23%
AXP	A	0.23%
MDLZ	F	0.23%
PLTR	B	0.23%
PSX	C	0.23%
PRU	A	0.23%
VST	B	0.23%
RTX	C	0.22%
SHW	A	0.22%
NEE	D	0.22%
ADM	D	0.22%
MS	A	0.22%
VRTX	F	0.22%
LII	A	0.21%
AFL	B	0.21%
GWW	B	0.21%
MSI	B	0.2%
MMC	B	0.2%
GLW	B	0.2%
INTC	D	0.2%
TRV	B	0.2%
BSX	B	0.2%
CAT	B	0.2%
FI	A	0.19%
BLK	C	0.19%
UTHR	C	0.19%
CTAS	B	0.19%
TSN	B	0.18%
BK	A	0.18%
AMP	A	0.18%
HWM	A	0.17%
COR	B	0.17%
BR	A	0.17%
LRCX	F	0.17%
WSO	A	0.17%
GIS	D	0.17%
ELV	F	0.16%
NEM	D	0.16%
MU	D	0.16%
AJG	B	0.16%
RMD	C	0.16%
DVA	B	0.16%
CB	C	0.16%
VLO	C	0.16%
KMB	D	0.16%
SPG	B	0.16%
CMCSA	B	0.16%
CASY	A	0.16%
VRSK	A	0.16%
TDG	D	0.15%
MCO	B	0.15%
BAH	F	0.15%
KHC	F	0.15%
IT	C	0.15%
K	A	0.15%
LYB	F	0.15%
KKR	A	0.15%
CME	A	0.14%
CHRW	C	0.14%
ANET	C	0.14%
CMI	A	0.14%
VTRS	A	0.14%
PH	A	0.14%
BX	A	0.13%
SO	D	0.13%
EVR	B	0.13%
FAST	B	0.13%
DUK	C	0.13%
JNPR	F	0.13%
RSG	A	0.13%
RPM	A	0.13%
AMT	D	0.13%
CI	F	0.13%
IRM	D	0.12%
WELL	A	0.12%
WBA	F	0.12%
PNC	B	0.12%
BRO	B	0.12%
GDDY	A	0.12%
PWR	A	0.12%
SYY	B	0.12%
PYPL	B	0.12%
APH	A	0.12%
CLX	B	0.12%
CW	B	0.11%
GEN	B	0.11%
CEG	D	0.11%
KMI	A	0.11%
TRGP	B	0.11%
EXPD	D	0.11%
USB	A	0.11%
CRS	A	0.11%
WTW	B	0.11%
HPE	B	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%
LDOS	C	0.11%
ADP	B	0.11%
BDX	F	0.11%
OKE	A	0.1%
COIN	C	0.1%
NTAP	C	0.1%
AYI	B	0.1%
PKG	A	0.1%
JXN	C	0.1%
WMB	A	0.1%
DD	D	0.1%
ITW	B	0.1%
JKHY	D	0.1%
DFS	B	0.1%
XYL	D	0.1%
SEIC	B	0.09%
AIZ	A	0.09%
TFC	A	0.09%
DGX	A	0.09%
TAP	C	0.09%
MLI	C	0.09%
EMR	A	0.09%
IEX	B	0.09%
ARES	A	0.09%
WCC	B	0.09%
CALM	A	0.09%
LSTR	D	0.09%
IR	B	0.09%
DLR	B	0.09%
TROW	B	0.09%
ADSK	A	0.09%
IP	B	0.09%
EHC	B	0.09%
CACI	D	0.09%
TMHC	B	0.09%
URI	B	0.09%
AVY	D	0.09%
GPI	A	0.09%
PSA	D	0.09%
BKR	B	0.08%
AEP	D	0.08%
LPX	B	0.08%
WDC	D	0.08%
AOS	F	0.08%
SLG	B	0.08%
ECL	D	0.08%
SRE	A	0.08%
NUE	C	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%
BIIB	F	0.07%
GLPI	C	0.07%
MSCI	C	0.07%
EXC	C	0.07%
LPLA	A	0.07%
UFPI	B	0.07%
JCI	C	0.07%
EXP	A	0.07%
CHD	B	0.07%
CCI	D	0.07%
COP	C	0.07%
BCC	B	0.07%
INGR	B	0.07%
NSC	B	0.07%
D	C	0.07%
MLM	B	0.07%
SKYW	B	0.07%
GEHC	F	0.07%
GEO	B	0.07%
CNX	A	0.07%
VNO	B	0.07%
NRG	B	0.07%
R	B	0.07%
FTNT	C	0.07%
BALL	D	0.07%
KDP	D	0.07%
AEO	F	0.07%
STE	F	0.07%
OTIS	C	0.07%
MNST	C	0.07%
FIS	C	0.07%
HCC	B	0.07%
STZ	D	0.06%
G	B	0.06%
VIRT	B	0.06%
BC	C	0.06%
TW	A	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%
HIG	B	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%
CCK	C	0.06%
SLM	A	0.06%
UHS	D	0.06%
CMC	B	0.06%
FCNCA	A	0.06%
PEG	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%
TTC	D	0.06%
FFIV	B	0.06%
AMG	B	0.06%
RGA	A	0.06%
MSM	C	0.06%
ROP	B	0.06%
ALNY	D	0.06%
TDS	B	0.05%
NFG	A	0.05%
CNO	A	0.05%
PRIM	A	0.05%
FANG	D	0.05%
FLEX	A	0.05%
THG	A	0.05%
AR	B	0.05%
ETR	B	0.05%
NSIT	F	0.05%
URBN	C	0.05%
MOG.A	B	0.05%
SUI	D	0.05%
TGNA	B	0.05%
A	D	0.05%
WST	C	0.05%
NDAQ	A	0.05%
CBRE	B	0.05%
EXEL	B	0.05%
CARR	D	0.05%
USFD	A	0.05%
SLGN	A	0.05%
EIX	B	0.05%
POST	C	0.05%
COOP	B	0.05%
SCHW	B	0.05%
ZTS	D	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%
ANSS	B	0.05%
HBI	B	0.05%
ALLY	C	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%
ED	D	0.05%
O	D	0.05%
MKC	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%
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%
ELS	C	0.04%
FL	F	0.04%
MTB	A	0.04%
EMN	D	0.04%
OLN	D	0.04%
CFG	B	0.04%
PAYX	C	0.04%
ARW	D	0.04%
CAG	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%
FDS	B	0.04%
NBIX	C	0.04%
VRSN	F	0.04%
BAX	D	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%
STLD	B	0.04%
MAC	B	0.04%
CPB	D	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%
CNC	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%
PPG	F	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%
DOV	A	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%
BKE	B	0.03%
FHI	A	0.03%
MRO	B	0.03%
LNC	B	0.03%
AVTR	F	0.03%
OMF	A	0.03%
RPRX	D	0.03%
X	C	0.03%
NTRS	A	0.03%
TER	D	0.03%
DELL	C	0.03%
UDR	B	0.03%
PLXS	B	0.03%
CDW	F	0.03%
CG	A	0.03%
OI	C	0.03%
PRG	C	0.03%
APLE	B	0.03%
IFF	D	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%
CMS	C	0.03%
LW	C	0.03%
HSIC	B	0.03%
HOLX	D	0.03%
COHR	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%
GGG	B	0.03%
KBH	D	0.03%
GNW	A	0.03%
DOX	D	0.03%
SM	B	0.03%
HBAN	A	0.03%
IVZ	B	0.03%
HUBB	B	0.03%
CPAY	A	0.03%
MC	C	0.03%
MATX	C	0.03%
MASI	A	0.03%
ES	D	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%
TTMI	B	0.02%
VSH	D	0.02%
SSNC	B	0.02%
EVRG	A	0.02%
LAUR	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%
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%
BXP	D	0.02%
ZION	B	0.02%
APG	B	0.02%
DOW	F	0.02%
SNV	B	0.02%
NSP	D	0.02%
HP	B	0.02%
ODFL	B	0.02%
HST	C	0.02%
DNOW	B	0.02%
DTE	C	0.02%
REZI	A	0.02%
PMT	D	0.02%
HNI	B	0.02%
XRAY	F	0.02%
WKC	D	0.02%
HRL	D	0.02%
SNDR	B	0.02%
OSIS	B	0.02%
NAVI	C	0.02%
WMS	D	0.02%
PNR	A	0.02%
EPC	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%
THS	D	0.02%
RHI	B	0.02%
CC	C	0.02%
DLB	B	0.02%
OHI	C	0.02%
MDU	D	0.02%
OC	A	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%
NI	A	0.02%
XHR	B	0.02%
PDCO	D	0.02%
PBF	D	0.02%
MKTX	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%
CE	F	0.02%
FAF	A	0.02%
SBH	C	0.02%
HII	D	0.02%
VSTO	A	0.02%
RYN	D	0.02%
AKAM	D	0.02%
JBHT	C	0.02%
ADNT	F	0.02%
ORA	B	0.02%
MTG	C	0.02%
TFX	F	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%
NOV	C	0.01%
KNX	B	0.01%
RKT	F	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%
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%
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%
PFG	D	0.01%
SIGI	C	0.01%
WAFD	B	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%
ESNT	D	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%
SATS	D	0.01%
RBC	A	0.01%
SLB	C	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 74 Positions Relative to IYC

Symbol	Grade	Weight
TSLA	B	-8.66%
DIS	B	-3.33%
ABNB	C	-0.93%
TTD	B	-0.85%
ROST	C	-0.74%
DAL	C	-0.67%
LULU	C	-0.59%
GRMN	B	-0.52%
CVNA	B	-0.44%
RBLX	C	-0.43%
WBD	C	-0.37%
EXPE	B	-0.36%
LYV	A	-0.34%
DKNG	B	-0.32%
LUV	C	-0.31%
LVS	C	-0.28%
FWONK	B	-0.27%
GPC	D	-0.27%
EL	F	-0.24%
APTV	D	-0.23%
DUOL	A	-0.19%
KMX	B	-0.19%
NCLH	B	-0.18%
TKO	B	-0.17%
FND	C	-0.17%
CAVA	B	-0.17%
CHDN	B	-0.16%
WING	D	-0.16%
LKQ	D	-0.16%
WYNN	D	-0.15%
AAL	B	-0.15%
PLNT	A	-0.14%
HAS	D	-0.14%
MGM	D	-0.14%
CZR	F	-0.13%
RIVN	F	-0.13%
SN	D	-0.11%
ELF	C	-0.11%
ALK	C	-0.11%
LYFT	C	-0.1%
SIRI	C	-0.1%
SITE	D	-0.1%
MAT	D	-0.1%
BROS	B	-0.09%
OLLI	D	-0.09%
FOX	A	-0.09%
ETSY	D	-0.09%
RH	B	-0.08%
BYD	C	-0.08%
CHH	A	-0.07%
MSGS	A	-0.07%
FIVE	F	-0.07%
TNL	A	-0.06%
NWS	B	-0.06%
W	F	-0.06%
PENN	C	-0.05%
LLYVK	A	-0.05%
VAC	B	-0.05%
YETI	C	-0.05%
PII	D	-0.05%
COTY	F	-0.04%
COLM	B	-0.04%
UA	C	-0.03%
FWONA	B	-0.03%
CAR	C	-0.03%
QS	F	-0.03%
UAA	C	-0.03%
BIRK	D	-0.03%
LCID	F	-0.03%
AS	B	-0.02%
LLYVA	A	-0.02%
TRIP	F	-0.02%
PLTK	B	-0.01%
PARAA	B	-0.0%