MFUS vs. JMOM ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to JPMorgan U.S. Momentum Factor ETF (JMOM)

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

JMOM

JPMorgan U.S. Momentum Factor ETF

JMOM Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Momentum Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent positive momentum factor characteristics.

Grade (RS Rating)

Last Trade

$56.88

Average Daily Volume

51,881

Number of Holdings ^*

267

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	JMOM
30 Days	2.56%	3.50%
60 Days	4.48%	6.64%
90 Days	6.34%	6.33%
12 Months	31.81%	39.07%

210 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in JMOM	Overlap
AAPL	C	0.97%	1.87%	0.97%
ABBV	B	1.56%	1.25%	1.25%
AFL	A	0.22%	0.38%	0.22%
AJG	D	0.14%	0.35%	0.14%
ALL	C	0.26%	0.35%	0.26%
ALSN	B	0.09%	0.23%	0.09%
AMAT	D	0.59%	0.81%	0.59%
AMP	B	0.12%	0.36%	0.12%
AMZN	C	1.6%	0.6%	0.6%
AN	C	0.07%	0.21%	0.07%
ANET	C	0.14%	0.56%	0.14%
APH	C	0.11%	0.46%	0.11%
APP	C	0.05%	0.39%	0.05%
ARES	B	0.08%	0.31%	0.08%
ARMK	B	0.01%	0.14%	0.01%
AVGO	C	1.68%	2.4%	1.68%
AVT	B	0.04%	0.14%	0.04%
AWI	B	0.03%	0.06%	0.03%
AXP	B	0.21%	0.71%	0.21%
AYI	B	0.08%	0.06%	0.06%
AZO	B	0.29%	0.37%	0.29%
BAH	B	0.15%	0.26%	0.15%
BK	B	0.17%	0.38%	0.17%
BKNG	B	0.36%	0.65%	0.36%
BLD	C	0.04%	0.18%	0.04%
BR	C	0.16%	0.02%	0.02%
BRK.A	C	2.37%	1.82%	1.82%
BRO	C	0.11%	0.26%	0.11%
BSX	B	0.2%	0.6%	0.2%
BWXT	A	0.09%	0.2%	0.09%
CACC	F	0.01%	0.04%	0.01%
CACI	B	0.09%	0.23%	0.09%
CAH	C	0.24%	0.26%	0.24%
CASY	D	0.15%	0.21%	0.15%
CAT	B	0.2%	0.86%	0.2%
CB	B	0.17%	0.57%	0.17%
CBRE	B	0.05%	0.33%	0.05%
CEG	C	0.13%	0.5%	0.13%
CHD	C	0.07%	0.24%	0.07%
CL	C	0.41%	0.46%	0.41%
CMG	D	0.2%	0.43%	0.2%
CNM	F	0.01%	0.23%	0.01%
COHR	C	0.03%	0.29%	0.03%
COIN	F	0.06%	0.3%	0.06%
COKE	C	0.03%	0.09%	0.03%
COP	F	0.07%	0.57%	0.07%
COST	C	1.36%	1.49%	1.36%
CPRT	D	0.08%	0.32%	0.08%
CRBG	C	0.04%	0.15%	0.04%
CRUS	D	0.04%	0.19%	0.04%
CTAS	C	0.19%	0.44%	0.19%
CW	B	0.1%	0.25%	0.1%
DASH	B	0.09%	0.38%	0.09%
DECK	C	0.15%	0.27%	0.15%
DELL	C	0.03%	0.34%	0.03%
DHI	C	0.07%	0.2%	0.07%
DHR	B	0.28%	0.75%	0.28%
DKS	D	0.09%	0.23%	0.09%
DLR	B	0.08%	0.38%	0.08%
DTM	C	0.01%	0.22%	0.01%
ECL	B	0.08%	0.41%	0.08%
ED	B	0.06%	0.23%	0.06%
EHC	B	0.09%	0.13%	0.09%
EME	B	0.04%	0.29%	0.04%
ESS	C	0.02%	0.1%	0.02%
EVR	B	0.11%	0.21%	0.11%
EXP	B	0.06%	0.25%	0.06%
FANG	F	0.05%	0.27%	0.05%
FCNCA	D	0.05%	0.05%	0.05%
FE	B	0.03%	0.11%	0.03%
FFIV	B	0.06%	0.25%	0.06%
FICO	B	0.21%	0.36%	0.21%
FTI	D	0.04%	0.23%	0.04%
FYBR	C	0.01%	0.07%	0.01%
GAP	F	0.05%	0.18%	0.05%
GD	C	0.24%	0.44%	0.24%
GDDY	C	0.1%	0.27%	0.1%
GE	C	0.61%	0.89%	0.61%
GLW	B	0.19%	0.32%	0.19%
GS	B	0.35%	0.48%	0.35%
GWRE	B	0.02%	0.25%	0.02%
GWW	B	0.19%	0.36%	0.19%
H	B	0.01%	0.17%	0.01%
HCA	B	0.3%	0.24%	0.24%
HD	B	0.6%	1.42%	0.6%
HEI	C	0.04%	0.23%	0.04%
HIG	B	0.06%	0.28%	0.06%
HII	F	0.03%	0.1%	0.03%
HLT	B	0.09%	0.39%	0.09%
HPE	C	0.1%	0.18%	0.1%
HPQ	C	0.29%	0.21%	0.21%
HRB	C	0.08%	0.11%	0.08%
HUBB	B	0.03%	0.29%	0.03%
HWM	B	0.15%	0.34%	0.15%
IBKR	B	0.05%	0.2%	0.05%
IBM	B	1.14%	0.9%	0.9%
ICE	C	0.3%	0.3%	0.3%
IFF	A	0.04%	0.23%	0.04%
INGR	B	0.06%	0.2%	0.06%
INVH	D	0.04%	0.04%	0.04%
IRM	C	0.12%	0.31%	0.12%
ISRG	C	0.23%	0.77%	0.23%
IT	C	0.14%	0.33%	0.14%
JEF	C	0.02%	0.24%	0.02%
JLL	B	0.06%	0.13%	0.06%
JNPR	A	0.13%	0.22%	0.13%
KD	F	0.04%	0.16%	0.04%
KKR	B	0.14%	0.51%	0.14%
KLAC	D	0.28%	0.58%	0.28%
KO	B	1.16%	0.2%	0.2%
KR	B	0.37%	0.26%	0.26%
LAMR	B	0.05%	0.1%	0.05%
LDOS	A	0.11%	0.26%	0.11%
LII	C	0.22%	0.27%	0.22%
LLY	D	2.87%	1.86%	1.86%
LOPE	D	0.04%	0.13%	0.04%
LOW	B	0.34%	0.35%	0.34%
LPX	B	0.08%	0.11%	0.08%
LRCX	D	0.19%	0.53%	0.19%
MANH	B	0.04%	0.26%	0.04%
MCK	F	0.5%	0.38%	0.38%
META	B	2.37%	2.1%	2.1%
MORN	C	0.03%	0.0%	0.0%
MPC	F	0.36%	0.38%	0.36%
MPWR	B	0.1%	0.37%	0.1%
MRK	F	1.0%	0.21%	0.21%
MSI	B	0.18%	0.44%	0.18%
MTG	B	0.03%	0.1%	0.03%
MU	D	0.15%	0.59%	0.15%
NFLX	B	0.46%	0.76%	0.46%
NI	B	0.02%	0.21%	0.02%
NOW	C	0.31%	0.81%	0.31%
NRG	B	0.07%	0.28%	0.07%
NTAP	D	0.1%	0.29%	0.1%
NVDA	C	1.64%	2.23%	1.64%
OHI	C	0.02%	0.13%	0.02%
ORCL	B	1.38%	0.89%	0.89%
ORLY	B	0.19%	0.39%	0.19%
PAG	D	0.02%	0.13%	0.02%
PANW	D	0.22%	0.54%	0.22%
PEG	B	0.06%	0.06%	0.06%
PG	C	1.04%	0.21%	0.21%
PGR	C	0.6%	0.68%	0.6%
PH	B	0.13%	0.48%	0.13%
PHM	B	0.11%	0.3%	0.11%
PLTR	C	0.14%	0.48%	0.14%
PM	C	0.83%	0.81%	0.81%
PNR	B	0.02%	0.06%	0.02%
POST	B	0.05%	0.2%	0.05%
PPC	D	0.01%	0.09%	0.01%
PSN	B	0.02%	0.22%	0.02%
PSTG	F	0.04%	0.2%	0.04%
PSX	F	0.23%	0.37%	0.23%
PTC	C	0.04%	0.27%	0.04%
PWR	B	0.11%	0.37%	0.11%
QCOM	D	0.8%	0.85%	0.8%
R	C	0.07%	0.18%	0.07%
RCL	B	0.08%	0.36%	0.08%
RGA	C	0.06%	0.24%	0.06%
ROL	C	0.07%	0.15%	0.07%
ROP	C	0.06%	0.37%	0.06%
RPM	B	0.12%	0.12%	0.12%
RS	D	0.04%	0.07%	0.04%
RSG	D	0.13%	0.32%	0.13%
SAIC	C	0.01%	0.21%	0.01%
SCCO	C	0.0%	0.25%	0.0%
SLM	C	0.05%	0.03%	0.03%
SMCI	F	0.14%	0.17%	0.14%
SO	B	0.13%	0.2%	0.13%
SPB	B	0.01%	0.12%	0.01%
SPG	B	0.16%	0.37%	0.16%
SRE	B	0.08%	0.07%	0.07%
SSNC	C	0.02%	0.24%	0.02%
STLD	C	0.04%	0.23%	0.04%
T	B	0.74%	0.23%	0.23%
TDG	B	0.17%	0.46%	0.17%
TER	C	0.04%	0.16%	0.04%
THC	C	0.29%	0.25%	0.25%
TJX	C	0.38%	0.62%	0.38%
TKR	C	0.04%	0.01%	0.01%
TMO	B	0.33%	0.95%	0.33%
TMUS	B	0.38%	0.53%	0.38%
TOL	A	0.06%	0.25%	0.06%
TPR	A	0.01%	0.19%	0.01%
TPX	B	0.03%	0.22%	0.03%
TRGP	C	0.09%	0.29%	0.09%
TSCO	B	0.12%	0.16%	0.12%
TW	B	0.05%	0.14%	0.05%
TXN	B	0.3%	0.84%	0.3%
TYL	C	0.08%	0.27%	0.08%
UBER	C	0.23%	0.65%	0.23%
UHS	C	0.07%	0.24%	0.07%
UNH	C	0.79%	1.34%	0.79%
UNM	B	0.04%	0.15%	0.04%
URI	B	0.09%	0.4%	0.09%
USFD	C	0.05%	0.25%	0.05%
VLO	F	0.16%	0.26%	0.16%
VLTO	B	0.05%	0.1%	0.05%
VRSK	D	0.17%	0.09%	0.09%
VRTX	D	0.22%	0.59%	0.22%
VST	B	0.21%	0.42%	0.21%
VTR	C	0.04%	0.27%	0.04%
VVV	D	0.02%	0.09%	0.02%
WDC	C	0.08%	0.29%	0.08%
WELL	C	0.11%	0.44%	0.11%
WM	D	0.26%	0.46%	0.26%
WMB	C	0.08%	0.37%	0.08%
WSM	C	0.21%	0.09%	0.09%
WSO	C	0.2%	0.19%	0.19%
XPO	D	0.03%	0.24%	0.03%

MFUS Overweight 599 Positions Relative to JMOM

Symbol	Grade	Weight
WMT	B	1.68%
JNJ	C	1.28%
VZ	A	1.11%
AMGN	D	1.01%
JPM	D	0.88%
LMT	A	0.82%
GILD	B	0.79%
TGT	C	0.77%
PEP	D	0.77%
WFC	D	0.73%
CVS	D	0.71%
MO	C	0.66%
PFE	D	0.64%
C	C	0.63%
MMM	B	0.63%
CSCO	B	0.61%
MCD	B	0.55%
UNP	D	0.54%
REGN	D	0.49%
XOM	D	0.42%
BAC	D	0.39%
EBAY	B	0.38%
NOC	B	0.38%
CVX	F	0.36%
BMY	C	0.36%
AIG	D	0.34%
MET	B	0.32%
GM	C	0.32%
V	C	0.28%
MA	B	0.27%
SPGI	C	0.27%
MDLZ	C	0.26%
CHTR	D	0.25%
UPS	D	0.25%
ADM	D	0.25%
NEE	B	0.25%
SYF	C	0.24%
COF	B	0.24%
ANF	D	0.24%
PRU	C	0.23%
RTX	B	0.23%
AON	B	0.23%
BBY	A	0.23%
LHX	C	0.23%
ACN	C	0.23%
NEM	C	0.22%
SHW	B	0.22%
SFM	B	0.2%
TRV	C	0.2%
ELV	D	0.2%
GIS	B	0.2%
MMC	C	0.19%
INTC	D	0.19%
LYB	D	0.18%
MS	B	0.18%
KMB	C	0.18%
UTHR	B	0.18%
RMD	C	0.17%
BLK	B	0.17%
DVA	B	0.17%
CMCSA	C	0.16%
EA	D	0.16%
KHC	C	0.16%
AMT	C	0.16%
TSN	D	0.16%
CI	C	0.15%
F	F	0.15%
K	A	0.15%
MUSA	D	0.15%
CHRW	B	0.14%
CME	B	0.14%
DUK	B	0.14%
CMI	B	0.13%
EXR	C	0.13%
EFX	C	0.13%
SYY	C	0.13%
DPZ	D	0.13%
VTRS	D	0.13%
XYL	C	0.12%
MCO	C	0.12%
YUM	B	0.12%
BDX	D	0.12%
CLX	C	0.12%
PNC	C	0.11%
DD	B	0.11%
CSX	C	0.11%
BX	C	0.11%
WBA	F	0.11%
FAST	C	0.11%
PYPL	B	0.11%
AOS	B	0.1%
NVR	B	0.1%
MTD	C	0.1%
USB	C	0.1%
DG	F	0.1%
ITW	B	0.1%
WTW	B	0.1%
FOXA	B	0.1%
CRS	C	0.1%
AVY	C	0.1%
JKHY	B	0.1%
PSA	C	0.1%
ADP	C	0.1%
DGX	B	0.09%
AEO	D	0.09%
AEP	C	0.09%
OKE	C	0.09%
GPI	B	0.09%
LSTR	D	0.09%
KMI	C	0.09%
TMHC	B	0.09%
JXN	B	0.09%
EXPD	B	0.09%
SBUX	C	0.09%
ATR	B	0.08%
OTIS	B	0.08%
EQH	C	0.08%
SLG	C	0.08%
BIIB	F	0.08%
TAP	D	0.08%
IP	C	0.08%
TFC	D	0.08%
CCI	C	0.08%
AIZ	B	0.08%
BALL	C	0.08%
ADSK	B	0.08%
STE	B	0.08%
GEHC	B	0.08%
IEX	C	0.08%
TROW	C	0.08%
DFS	C	0.08%
ITT	B	0.08%
GPK	C	0.08%
IR	B	0.08%
NUE	D	0.08%
KDP	B	0.08%
NSC	C	0.07%
NSIT	C	0.07%
MLM	D	0.07%
BKR	C	0.07%
TTC	F	0.07%
UFPI	C	0.07%
PKG	B	0.07%
MTH	C	0.07%
NKE	D	0.07%
HCC	D	0.07%
VNO	B	0.07%
BCC	C	0.07%
MLI	B	0.07%
WU	C	0.07%
ALNY	C	0.07%
MNST	D	0.07%
GLPI	C	0.07%
WCC	C	0.07%
FIS	C	0.07%
LEN	B	0.07%
EXC	B	0.07%
THO	C	0.07%
EMR	D	0.07%
D	C	0.07%
POOL	C	0.07%
CALM	B	0.07%
SEIC	B	0.07%
HLI	C	0.07%
ABG	D	0.07%
CNC	D	0.06%
ZTS	B	0.06%
TXRH	B	0.06%
SEE	C	0.06%
BC	C	0.06%
CNX	B	0.06%
HSY	D	0.06%
STZ	C	0.06%
L	D	0.06%
AMG	C	0.06%
FTNT	B	0.06%
ERIE	B	0.06%
TPH	C	0.06%
BERY	B	0.06%
IDXX	D	0.06%
JCI	B	0.06%
PK	D	0.06%
OMC	B	0.06%
CRI	D	0.06%
CPT	C	0.06%
MKC	C	0.06%
MMS	B	0.06%
O	B	0.06%
MSCI	C	0.06%
FCN	C	0.06%
TTWO	D	0.06%
CCK	B	0.06%
CHE	C	0.06%
SCI	C	0.06%
MSM	D	0.06%
MAS	B	0.06%
ARW	B	0.05%
MHO	B	0.05%
NDSN	C	0.05%
NFG	B	0.05%
CUBE	C	0.05%
NDAQ	C	0.05%
URBN	F	0.05%
PPG	C	0.05%
CAG	B	0.05%
HBI	A	0.05%
GNRC	D	0.05%
SLGN	B	0.05%
CPB	C	0.05%
COOP	C	0.05%
G	C	0.05%
SQ	D	0.05%
ATI	C	0.05%
SEB	D	0.05%
GNTX	D	0.05%
VIRT	C	0.05%
ANSS	D	0.05%
WAT	B	0.05%
BAX	C	0.05%
LPLA	D	0.05%
WAB	B	0.05%
LUMN	C	0.05%
TEX	F	0.05%
WEN	C	0.05%
MTN	D	0.05%
ATGE	C	0.05%
ALLY	F	0.05%
CBT	B	0.05%
NXST	D	0.05%
BTU	C	0.05%
KTB	B	0.05%
OGN	D	0.05%
A	C	0.05%
EIX	B	0.05%
LECO	D	0.05%
SKYW	C	0.05%
CARR	B	0.05%
SUI	C	0.05%
FIX	B	0.05%
CMC	D	0.05%
LANC	F	0.04%
KBH	C	0.04%
TDS	B	0.04%
NYT	B	0.04%
AVTR	C	0.04%
DBRG	D	0.04%
PAYX	C	0.04%
BHF	F	0.04%
PPL	A	0.04%
CVLT	B	0.04%
TRN	C	0.04%
CDW	D	0.04%
BDC	B	0.04%
WTM	F	0.04%
JHG	B	0.04%
ES	B	0.04%
EXEL	C	0.04%
JWN	C	0.04%
NWSA	D	0.04%
ASO	D	0.04%
EQR	C	0.04%
CLH	C	0.04%
CMA	C	0.04%
ADBE	F	0.04%
CTVA	B	0.04%
FDS	C	0.04%
COLD	D	0.04%
SLVM	C	0.04%
NBIX	F	0.04%
SON	D	0.04%
ELS	D	0.04%
HUBG	C	0.04%
MAC	B	0.04%
AMH	D	0.04%
CPNG	B	0.04%
UHAL	B	0.04%
FITB	B	0.04%
GATX	D	0.04%
FLEX	B	0.04%
MAR	B	0.04%
FLO	C	0.04%
AROC	D	0.04%
VRSN	C	0.04%
TGNA	C	0.04%
ULTA	D	0.04%
SCHW	D	0.04%
SMG	B	0.04%
ABM	D	0.04%
CNO	C	0.04%
AGNC	B	0.04%
CE	D	0.04%
ETR	A	0.04%
OLN	D	0.04%
RGLD	C	0.04%
FL	F	0.04%
EMN	B	0.04%
SRCL	B	0.04%
BLDR	C	0.04%
THG	C	0.04%
DCI	C	0.04%
AR	C	0.04%
GVA	B	0.04%
WST	D	0.04%
SJM	C	0.04%
IPG	C	0.04%
SIG	C	0.04%
MOG.A	B	0.04%
BKE	B	0.03%
APAM	C	0.03%
NTRS	C	0.03%
NEU	D	0.03%
FHI	B	0.03%
PLXS	B	0.03%
KSS	D	0.03%
THS	C	0.03%
DRH	C	0.03%
LNC	C	0.03%
STC	C	0.03%
LW	D	0.03%
MSA	D	0.03%
LZB	C	0.03%
HXL	F	0.03%
RYN	C	0.03%
UNF	B	0.03%
WHR	C	0.03%
ADNT	D	0.03%
MRO	D	0.03%
HOG	C	0.03%
XRAY	D	0.03%
JBL	C	0.03%
FNF	B	0.03%
DLTR	F	0.03%
AKAM	D	0.03%
HBAN	B	0.03%
DK	F	0.03%
SBAC	C	0.03%
CPAY	B	0.03%
BKU	D	0.03%
VC	F	0.03%
DDS	D	0.03%
MASI	C	0.03%
RLI	B	0.03%
OI	D	0.03%
DRI	C	0.03%
GMS	C	0.03%
RL	B	0.03%
APLE	C	0.03%
MATX	B	0.03%
BURL	C	0.03%
UDR	C	0.03%
WPC	C	0.03%
HOOD	C	0.03%
X	F	0.03%
PRG	C	0.03%
GNW	C	0.03%
BFAM	C	0.03%
MC	C	0.03%
MTB	C	0.03%
WH	B	0.03%
GGG	C	0.03%
SM	F	0.03%
AVB	C	0.03%
RPRX	C	0.03%
MAN	C	0.03%
TFX	B	0.03%
OSK	F	0.03%
GBX	D	0.03%
AVA	B	0.03%
MDU	B	0.03%
CMS	B	0.03%
IVZ	B	0.03%
HOLX	D	0.03%
ACM	B	0.03%
BJ	D	0.03%
HSIC	C	0.03%
AMKR	F	0.03%
CFG	D	0.03%
DOX	C	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%
KEX	C	0.02%
TDC	D	0.02%
GES	F	0.02%
BHE	C	0.02%
PHIN	C	0.02%
DAN	D	0.02%
CWEN	A	0.02%
AXTA	B	0.02%
LAD	B	0.02%
KIM	C	0.02%
FR	C	0.02%
ALGN	D	0.02%
DNOW	F	0.02%
EVRG	B	0.02%
WAL	B	0.02%
TTEK	C	0.02%
ATO	B	0.02%
APG	F	0.02%
BEN	F	0.02%
ODFL	D	0.02%
CROX	C	0.02%
NWL	C	0.02%
VSCO	C	0.02%
HP	F	0.02%
VFC	B	0.02%
AES	C	0.02%
SATS	C	0.02%
CSL	B	0.02%
LXP	C	0.02%
JBLU	C	0.02%
ODP	F	0.02%
EWBC	C	0.02%
HNI	C	0.02%
SNDR	B	0.02%
APOG	B	0.02%
LEG	D	0.02%
VSH	F	0.02%
CCL	C	0.02%
BXP	C	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%
OC	C	0.02%
M	F	0.02%
HST	D	0.02%
NAVI	D	0.02%
LNW	F	0.02%
DTE	A	0.02%
HRL	F	0.02%
MCY	C	0.02%
LNT	A	0.02%
DOV	B	0.02%
YELP	D	0.02%
PMT	C	0.02%
CC	D	0.02%
CINF	C	0.02%
EPC	F	0.02%
MAA	C	0.02%
BRKR	D	0.02%
NSP	F	0.02%
AGCO	D	0.02%
VSTO	C	0.02%
NTCT	C	0.02%
DOW	C	0.02%
RLJ	D	0.02%
GHC	B	0.02%
SXT	B	0.02%
MKTX	D	0.02%
DLB	D	0.02%
KBR	D	0.02%
XHR	B	0.02%
CXW	F	0.02%
PBF	F	0.02%
PVH	D	0.02%
AIR	D	0.02%
SKX	C	0.02%
HAE	D	0.02%
SBH	B	0.02%
GMED	D	0.02%
CTLT	B	0.02%
KMPR	D	0.02%
GEF	C	0.02%
PFSI	C	0.02%
JBHT	D	0.02%
KEY	C	0.02%
WMS	D	0.02%
PINC	D	0.02%
RRC	D	0.02%
FAF	B	0.02%
WRB	D	0.02%
ACA	B	0.02%
LBRDK	C	0.02%
ORA	B	0.02%
OMF	D	0.02%
PDCO	F	0.02%
WERN	C	0.02%
PNM	B	0.02%
CG	C	0.02%
HUN	C	0.01%
AAP	F	0.01%
KNX	C	0.01%
NOV	F	0.01%
SCL	D	0.01%
UHAL	B	0.01%
DINO	F	0.01%
PARA	D	0.01%
MLKN	F	0.01%
ARCH	D	0.01%
KALU	D	0.01%
ACI	F	0.01%
ECPG	D	0.01%
ELAN	D	0.01%
QRVO	F	0.01%
GIII	D	0.01%
SSB	C	0.01%
UVV	D	0.01%
MKSI	F	0.01%
ARI	F	0.01%
HTH	D	0.01%
IGT	D	0.01%
WGO	D	0.01%
PB	D	0.01%
ESI	C	0.01%
CFR	C	0.01%
UAL	B	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%
PNW	C	0.01%
IDCC	B	0.01%
SR	B	0.01%
RKT	C	0.01%
UGI	B	0.01%
CLF	F	0.01%
SPR	D	0.01%
SWX	C	0.01%
MOS	F	0.01%
SIGI	D	0.01%
WAFD	D	0.01%
SHO	C	0.01%
CENTA	F	0.01%
PECO	C	0.01%
INCY	C	0.01%
FHN	D	0.01%
AMED	D	0.01%
JBGS	C	0.01%
PFG	B	0.01%
FLR	D	0.01%
ESAB	C	0.01%
WMK	D	0.01%
JELD	D	0.01%
CBSH	D	0.01%
WTFC	C	0.01%
CADE	C	0.01%
ONB	D	0.01%
BRC	B	0.01%
XRX	D	0.01%
DXC	D	0.01%
FELE	B	0.01%
STRA	F	0.01%
CSGS	C	0.01%
TTMI	D	0.01%
KN	D	0.01%
BBWI	D	0.01%
DY	C	0.01%
CPRI	D	0.01%
VNT	F	0.01%
CR	B	0.01%
LEA	D	0.01%
WBS	C	0.01%
CVI	F	0.01%
OMI	D	0.01%
SF	B	0.01%
LADR	D	0.01%
NNI	C	0.01%
WWD	C	0.01%
ZION	D	0.01%
AMWD	C	0.01%
GME	D	0.01%
GOLF	F	0.01%
MHK	B	0.01%
NNN	B	0.01%
RBC	B	0.01%
DEI	B	0.01%
SAH	D	0.01%
SNV	D	0.01%
IOSP	F	0.01%
TNET	F	0.01%
REZI	D	0.01%
SLB	F	0.01%
ADC	C	0.01%
PTEN	F	0.01%
ICUI	C	0.01%
MUR	F	0.01%
HE	F	0.01%
GT	F	0.01%
AA	C	0.01%
PSMT	B	0.01%
SCS	D	0.01%
ESNT	B	0.01%
BWA	C	0.01%
LAUR	C	0.01%
RF	B	0.01%
BMRN	F	0.01%
NOMD	C	0.0%
WOLF	F	0.0%

MFUS Underweight 57 Positions Relative to JMOM

Symbol	Grade	Weight
MSFT	C	-1.98%
GOOGL	D	-1.76%
CRM	C	-1.07%
AMD	C	-0.98%
INTU	D	-0.75%
ETN	C	-0.66%
SYK	C	-0.61%
ADI	C	-0.59%
TT	B	-0.5%
CRWD	D	-0.43%
MRVL	D	-0.41%
SPOT	C	-0.4%
VRT	C	-0.38%
MSTR	C	-0.36%
TTD	B	-0.36%
NU	C	-0.34%
ACGL	B	-0.33%
PCAR	D	-0.33%
GEV	B	-0.31%
IQV	D	-0.3%
AXON	B	-0.3%
CVNA	B	-0.3%
ONTO	C	-0.27%
CBOE	C	-0.25%
NTNX	D	-0.24%
MOH	D	-0.24%
WING	C	-0.24%
NVT	C	-0.22%
ZS	F	-0.22%
LIN	B	-0.22%
FRPT	C	-0.21%
SN	B	-0.21%
AM	B	-0.2%
DKNG	C	-0.19%
TXT	D	-0.19%
WLK	C	-0.19%
MEDP	F	-0.17%
AZEK	C	-0.16%
SNX	C	-0.14%
MTSI	C	-0.13%
ORI	B	-0.13%
VKTX	D	-0.12%
WFRD	F	-0.11%
SNPS	F	-0.11%
BRBR	B	-0.11%
APPF	C	-0.09%
OLED	D	-0.09%
PRI	B	-0.08%
INFA	D	-0.08%
TPG	C	-0.08%
BSY	C	-0.06%
AGO	D	-0.06%
NSA	C	-0.05%
RYAN	C	-0.04%
ESTC	F	-0.02%
STAG	D	-0.01%
EQIX	B	-0.0%