MFUS vs. JSTC ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to Adasina Social Justice All Cap Global ETF (JSTC)

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

$49.64

Average Daily Volume

6,565

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

JSTC

Adasina Social Justice All Cap Global ETF

JSTC Description

The investment seeks capital appreciation and income. The fund is an actively-managed exchange-traded fund (?ETF?) that seeks to achieve its investment objective by investing the fund?s assets in a portfolio of global companies whose business practices are aligned with the social justice investment criteria. Under normal market conditions, it will invest in at least three countries (one of which may be the United States) and will invest at least 40% of its total assets at the time of purchase in non?U.S. companies.

Grade (RS Rating)

Last Trade

$18.47

Average Daily Volume

15,651

Number of Holdings ^*

335

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	JSTC
30 Days	-0.97%	-1.71%
60 Days	0.19%	-0.40%
90 Days	6.14%	5.97%
12 Months	35.02%	24.31%

137 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in JSTC	Overlap
ADBE	F	0.03%	0.93%	0.03%
ADP	A	0.11%	1.42%	0.11%
ADSK	B	0.09%	0.58%	0.09%
AFL	C	0.22%	2.35%	0.22%
AKAM	C	0.03%	0.17%	0.03%
ALNY	C	0.07%	0.04%	0.04%
AMG	A	0.07%	0.1%	0.07%
AMKR	F	0.03%	0.02%	0.02%
AMWD	D	0.01%	0.1%	0.01%
ANSS	C	0.05%	0.51%	0.05%
APAM	B	0.03%	0.08%	0.03%
APG	C	0.02%	0.06%	0.02%
APP	A	0.07%	0.49%	0.07%
ATR	A	0.08%	0.13%	0.08%
AVT	B	0.04%	0.06%	0.04%
AXTA	A	0.02%	0.13%	0.02%
BDC	B	0.04%	0.05%	0.04%
BHF	B	0.04%	0.05%	0.04%
BIIB	F	0.07%	0.11%	0.07%
BKU	D	0.03%	0.02%	0.02%
BLD	F	0.03%	0.02%	0.02%
BMRN	F	0.02%	0.03%	0.02%
BMY	A	0.38%	1.18%	0.38%
BR	C	0.16%	0.32%	0.16%
BRO	B	0.11%	0.81%	0.11%
CDW	F	0.04%	0.51%	0.04%
CFR	A	0.01%	0.06%	0.01%
CHE	F	0.06%	0.05%	0.05%
CNM	D	0.01%	0.02%	0.01%
CNO	C	0.04%	0.07%	0.04%
CR	A	0.01%	0.04%	0.01%
CRUS	F	0.04%	0.03%	0.03%
CSGS	C	0.01%	0.03%	0.01%
CSL	C	0.02%	1.07%	0.02%
CVLT	B	0.03%	0.02%	0.02%
DHR	F	0.25%	0.94%	0.25%
DLB	C	0.02%	0.08%	0.02%
DOX	B	0.03%	0.37%	0.03%
DY	C	0.01%	0.04%	0.01%
EA	A	0.16%	0.48%	0.16%
EHC	A	0.08%	0.06%	0.06%
ESAB	A	0.01%	0.05%	0.01%
EWBC	A	0.02%	0.76%	0.02%
EXEL	A	0.04%	0.03%	0.03%
FDS	B	0.04%	0.28%	0.04%
FIX	B	0.05%	0.03%	0.03%
G	D	0.05%	0.06%	0.05%
GEHC	D	0.07%	0.02%	0.02%
GGG	F	0.03%	1.45%	0.03%
GHC	A	0.02%	0.05%	0.02%
GMS	C	0.03%	0.04%	0.03%
GWRE	B	0.02%	0.07%	0.02%
GWW	A	0.2%	1.13%	0.2%
HAE	F	0.02%	0.02%	0.02%
HLI	A	0.08%	0.08%	0.08%
HUBB	B	0.03%	0.02%	0.02%
IDXX	F	0.05%	0.29%	0.05%
IGT	F	0.01%	0.04%	0.01%
IPG	F	0.04%	0.55%	0.04%
ISRG	B	0.28%	0.81%	0.28%
IT	C	0.14%	0.62%	0.14%
JELD	F	0.01%	0.06%	0.01%
JKHY	B	0.11%	0.21%	0.11%
JNPR	A	0.13%	1.37%	0.13%
JXN	A	0.1%	0.08%	0.08%
K	A	0.15%	0.91%	0.15%
LII	B	0.21%	0.02%	0.02%
LNC	A	0.03%	0.07%	0.03%
LNW	F	0.02%	0.03%	0.02%
MANH	C	0.03%	0.02%	0.02%
MAS	C	0.06%	0.8%	0.06%
MASI	A	0.03%	0.03%	0.03%
MCO	D	0.14%	0.93%	0.14%
MKTX	A	0.02%	0.05%	0.02%
MLI	A	0.08%	0.06%	0.06%
MRK	F	0.9%	1.97%	0.9%
MSA	F	0.02%	0.05%	0.02%
MSCI	C	0.07%	0.55%	0.07%
MSM	F	0.06%	0.08%	0.06%
MTB	B	0.04%	1.21%	0.04%
MTD	F	0.09%	0.28%	0.09%
MTG	C	0.03%	0.05%	0.03%
NBIX	D	0.04%	0.02%	0.02%
NDAQ	B	0.05%	1.13%	0.05%
NDSN	D	0.04%	1.01%	0.04%
NOMD	D	0.0%	0.03%	0.0%
NOW	B	0.33%	0.82%	0.33%
NSIT	F	0.06%	0.03%	0.03%
NSP	F	0.02%	0.02%	0.02%
NTAP	D	0.1%	1.02%	0.1%
NWL	A	0.02%	0.02%	0.02%
OGN	D	0.05%	0.01%	0.01%
PAYX	B	0.04%	1.02%	0.04%
PB	A	0.01%	0.06%	0.01%
PDCO	F	0.02%	0.02%	0.02%
PGR	D	0.57%	1.28%	0.57%
POOL	C	0.07%	0.29%	0.07%
PSTG	D	0.04%	0.49%	0.04%
PTC	A	0.04%	0.37%	0.04%
PWR	B	0.12%	0.81%	0.12%
REZI	D	0.02%	0.02%	0.02%
RGA	D	0.06%	0.02%	0.02%
RHI	B	0.02%	0.08%	0.02%
RMD	B	0.17%	0.26%	0.17%
ROP	D	0.06%	1.08%	0.06%
RPM	B	0.13%	1.14%	0.13%
RPRX	F	0.03%	0.06%	0.03%
SCS	F	0.01%	0.07%	0.01%
SEE	B	0.06%	0.05%	0.05%
SIGI	D	0.01%	0.03%	0.01%
SJM	F	0.04%	0.46%	0.04%
SLGN	A	0.05%	0.08%	0.05%
SPB	D	0.01%	0.03%	0.01%
SPGI	D	0.28%	1.27%	0.28%
SSB	B	0.01%	0.03%	0.01%
SSNC	D	0.02%	0.51%	0.02%
SXT	C	0.02%	0.09%	0.02%
TDC	B	0.02%	0.02%	0.02%
TFX	F	0.03%	0.17%	0.03%
TNET	F	0.01%	0.04%	0.01%
TPH	D	0.06%	0.05%	0.05%
TTC	F	0.06%	0.07%	0.06%
TTWO	A	0.07%	0.16%	0.07%
TW	B	0.06%	0.58%	0.06%
URI	B	0.09%	1.0%	0.09%
V	A	0.29%	1.87%	0.29%
VC	F	0.03%	0.02%	0.02%
VRSN	F	0.04%	0.53%	0.04%
VRTX	A	0.22%	0.42%	0.22%
WAL	D	0.02%	0.05%	0.02%
WAT	D	0.05%	0.29%	0.05%
WBS	B	0.01%	0.04%	0.01%
WCC	A	0.08%	0.06%	0.06%
WSO	D	0.16%	0.4%	0.16%
WST	B	0.05%	0.16%	0.05%
WTW	A	0.1%	0.73%	0.1%
XYL	F	0.11%	1.37%	0.11%

MFUS Overweight 678 Positions Relative to JSTC

Symbol	Grade	Weight
LLY	D	2.76%
BRK.A	D	2.41%
META	B	2.39%
NVDA	B	1.85%
WMT	A	1.7%
AVGO	B	1.63%
AMZN	B	1.55%
ABBV	A	1.54%
ORCL	B	1.42%
COST	D	1.32%
JNJ	D	1.28%
IBM	C	1.09%
KO	D	1.08%
PG	D	1.04%
VZ	D	1.03%
AMGN	C	1.02%
AAPL	C	0.99%
JPM	A	0.94%
PM	A	0.9%
WFC	A	0.89%
GILD	A	0.85%
QCOM	D	0.82%
LMT	D	0.79%
UNH	D	0.77%
PEP	D	0.77%
T	A	0.73%
TGT	F	0.73%
CVS	F	0.69%
MO	A	0.67%
C	A	0.66%
CSCO	B	0.64%
PFE	D	0.64%
HD	B	0.63%
MMM	D	0.6%
GE	C	0.56%
AMAT	F	0.55%
MCD	C	0.54%
MCK	F	0.53%
UNP	D	0.51%
NFLX	A	0.47%
REGN	F	0.44%
XOM	C	0.43%
BAC	B	0.42%
TMUS	B	0.42%
GS	B	0.37%
NOC	D	0.37%
GM	B	0.37%
CVX	C	0.37%
BKNG	A	0.37%
EBAY	D	0.37%
KR	B	0.37%
CL	D	0.37%
LOW	B	0.36%
AIG	B	0.36%
TJX	D	0.36%
MET	C	0.33%
MPC	F	0.33%
ICE	C	0.31%
TXN	B	0.3%
TMO	F	0.3%
AZO	C	0.29%
HPQ	C	0.29%
MA	B	0.28%
SYF	B	0.28%
COF	A	0.27%
GD	C	0.26%
CHTR	D	0.26%
HCA	D	0.26%
LHX	A	0.26%
WM	A	0.26%
AON	A	0.25%
ADM	F	0.25%
NEE	D	0.25%
CAH	D	0.25%
ACN	C	0.25%
UPS	C	0.25%
ALL	C	0.25%
PRU	B	0.24%
KLAC	F	0.24%
THC	C	0.24%
MDLZ	D	0.24%
ANF	D	0.24%
UBER	C	0.23%
PSX	F	0.23%
PANW	B	0.23%
RTX	C	0.23%
BBY	D	0.22%
SFM	A	0.22%
AXP	B	0.22%
VST	B	0.22%
MS	B	0.21%
CAT	B	0.21%
SHW	D	0.21%
CMG	D	0.21%
FICO	B	0.21%
BSX	B	0.2%
TRV	B	0.2%
GLW	A	0.2%
MMC	D	0.2%
ORLY	C	0.2%
CTAS	B	0.19%
INTC	D	0.19%
WSM	F	0.19%
GIS	D	0.19%
NEM	D	0.19%
LRCX	F	0.18%
BAH	A	0.18%
BK	B	0.18%
FI	B	0.18%
MSI	C	0.18%
DVA	D	0.17%
F	D	0.17%
AMP	B	0.17%
TSN	D	0.17%
KMB	D	0.17%
MU	C	0.17%
PLTR	B	0.17%
UTHR	A	0.17%
TDG	C	0.16%
VLO	F	0.16%
CMCSA	A	0.16%
SPG	B	0.16%
DECK	B	0.16%
ELV	F	0.16%
LYB	F	0.16%
KHC	D	0.16%
CASY	A	0.16%
COR	D	0.16%
CB	C	0.16%
SMCI	F	0.15%
MUSA	C	0.15%
HWM	B	0.15%
AMT	D	0.15%
VRSK	B	0.15%
AJG	D	0.15%
YUM	D	0.14%
SO	B	0.14%
VTRS	C	0.14%
CHRW	C	0.14%
DUK	C	0.14%
CME	A	0.14%
KKR	B	0.14%
ANET	B	0.14%
CEG	B	0.13%
RSG	D	0.13%
WBA	C	0.13%
PH	A	0.13%
CMI	B	0.13%
CI	F	0.13%
IRM	B	0.13%
EFX	D	0.12%
APH	B	0.12%
BX	B	0.12%
CLX	C	0.12%
FAST	A	0.12%
PYPL	B	0.12%
BDX	D	0.12%
SYY	D	0.12%
DPZ	D	0.12%
USB	B	0.11%
CSX	D	0.11%
CRS	C	0.11%
EXPD	D	0.11%
BWXT	B	0.11%
PNC	A	0.11%
TSCO	D	0.11%
EVR	B	0.11%
LDOS	A	0.11%
WELL	A	0.11%
EXR	D	0.11%
WMB	A	0.1%
GEN	A	0.1%
PSA	D	0.1%
AVY	D	0.1%
PKG	A	0.1%
ITW	A	0.1%
DASH	A	0.1%
KMI	A	0.1%
PHM	D	0.1%
FOXA	A	0.1%
HPE	B	0.1%
CW	B	0.1%
CACI	A	0.1%
DD	D	0.1%
GDDY	A	0.1%
IR	B	0.09%
TROW	C	0.09%
AOS	F	0.09%
DGX	A	0.09%
OKE	A	0.09%
LSTR	D	0.09%
WDC	D	0.09%
GPK	C	0.09%
CALM	B	0.09%
ARES	A	0.09%
RCL	A	0.09%
MPWR	F	0.09%
TMHC	B	0.09%
DFS	B	0.09%
TRGP	A	0.09%
DLR	A	0.09%
DG	F	0.09%
AYI	B	0.09%
HLT	B	0.09%
ALSN	A	0.09%
NVR	D	0.09%
SBUX	A	0.09%
D	B	0.08%
KDP	F	0.08%
STE	D	0.08%
VNO	B	0.08%
COIN	D	0.08%
OTIS	C	0.08%
HRB	D	0.08%
BALL	F	0.08%
SRE	B	0.08%
FIS	A	0.08%
AIZ	D	0.08%
IP	A	0.08%
TAP	D	0.08%
CPRT	D	0.08%
IEX	A	0.08%
SEIC	A	0.08%
GPI	C	0.08%
ITT	C	0.08%
TFC	B	0.08%
TYL	A	0.08%
EQH	A	0.08%
SLG	B	0.08%
NUE	F	0.08%
AEP	D	0.08%
AEO	F	0.08%
DKS	F	0.08%
ECL	C	0.08%
EXP	B	0.07%
WU	F	0.07%
CNX	B	0.07%
NSC	B	0.07%
LEN	D	0.07%
UFPI	C	0.07%
BKR	A	0.07%
BCC	C	0.07%
GLPI	D	0.07%
DHI	D	0.07%
MLM	A	0.07%
EXC	C	0.07%
THO	D	0.07%
ABG	D	0.07%
NRG	A	0.07%
MNST	C	0.07%
HCC	A	0.07%
LPX	D	0.07%
CCI	D	0.07%
EMR	B	0.07%
CMC	B	0.06%
SQ	B	0.06%
HSY	F	0.06%
SLM	B	0.06%
GAP	D	0.06%
BC	D	0.06%
LPLA	A	0.06%
HIG	C	0.06%
FFIV	A	0.06%
MMS	D	0.06%
CPT	D	0.06%
MKC	D	0.06%
PK	F	0.06%
WEN	B	0.06%
TXRH	A	0.06%
JLL	A	0.06%
AN	F	0.06%
L	C	0.06%
NKE	F	0.06%
O	C	0.06%
SKYW	A	0.06%
UHS	D	0.06%
SCI	A	0.06%
ED	C	0.06%
MTH	D	0.06%
BERY	A	0.06%
ROL	D	0.06%
JCI	B	0.06%
PEG	B	0.06%
OMC	B	0.06%
CCK	B	0.06%
INGR	C	0.06%
FTNT	B	0.06%
COP	C	0.06%
TOL	C	0.06%
R	A	0.06%
CHD	D	0.06%
LUMN	B	0.05%
URBN	F	0.05%
CPB	D	0.05%
CNC	F	0.05%
FANG	F	0.05%
ARW	D	0.05%
SCHW	B	0.05%
CRBG	A	0.05%
USFD	A	0.05%
PPG	F	0.05%
NFG	B	0.05%
BAX	F	0.05%
ATI	F	0.05%
MTN	F	0.05%
COOP	D	0.05%
HBI	B	0.05%
A	F	0.05%
CBRE	A	0.05%
VIRT	C	0.05%
ATGE	A	0.05%
CARR	D	0.05%
ERIE	D	0.05%
KTB	A	0.05%
GNTX	C	0.05%
BTU	A	0.05%
IBKR	A	0.05%
SUI	D	0.05%
EIX	D	0.05%
POST	D	0.05%
ALLY	D	0.05%
BFH	D	0.05%
CBT	C	0.05%
GNRC	B	0.05%
WAB	A	0.05%
CRI	F	0.05%
ZTS	D	0.05%
TEX	D	0.05%
FCNCA	C	0.05%
LAMR	B	0.05%
FCN	F	0.05%
LECO	C	0.05%
STZ	F	0.05%
NXST	A	0.05%
IFF	D	0.04%
MDU	B	0.04%
SANM	A	0.04%
CDP	B	0.04%
NYT	A	0.04%
WH	A	0.04%
OSK	D	0.04%
LANC	D	0.04%
CFG	A	0.04%
RUSHA	A	0.04%
PPL	A	0.04%
ESS	D	0.04%
ELS	C	0.04%
ES	D	0.04%
EQR	D	0.04%
INVH	F	0.04%
HUBG	D	0.04%
NWSA	B	0.04%
PRIM	A	0.04%
AMH	F	0.04%
SON	F	0.04%
JWN	B	0.04%
EME	A	0.04%
UNM	A	0.04%
HOOD	B	0.04%
AGNC	D	0.04%
ULTA	F	0.04%
TRN	B	0.04%
HEI	D	0.04%
SLVM	B	0.04%
FL	F	0.04%
LOPE	D	0.04%
OLN	F	0.04%
CLH	C	0.04%
WTM	B	0.04%
FLO	F	0.04%
JHG	A	0.04%
FTI	B	0.04%
AROC	D	0.04%
CMA	A	0.04%
GBX	A	0.04%
CTVA	A	0.04%
ZBRA	A	0.04%
GATX	A	0.04%
CPNG	A	0.04%
MAC	A	0.04%
VTR	A	0.04%
SIG	C	0.04%
FITB	B	0.04%
EMN	C	0.04%
BLDR	F	0.04%
CUBE	D	0.04%
CE	F	0.04%
TKR	D	0.04%
DBRG	B	0.04%
STLD	B	0.04%
SRCL	A	0.04%
MAR	A	0.04%
AR	F	0.04%
RS	C	0.04%
CAG	D	0.04%
MOG.A	D	0.04%
THG	B	0.04%
TDS	A	0.04%
KD	D	0.04%
ABM	B	0.04%
VLTO	D	0.04%
RGLD	B	0.04%
FLEX	B	0.04%
ETR	A	0.04%
DCI	B	0.04%
TGNA	B	0.04%
SMG	B	0.04%
GEO	B	0.04%
MHO	D	0.04%
GVA	A	0.04%
WERN	D	0.03%
CXW	C	0.03%
XRAY	F	0.03%
DK	F	0.03%
ORA	B	0.03%
BKE	B	0.03%
DRH	D	0.03%
OMF	A	0.03%
UNF	D	0.03%
COKE	D	0.03%
RYN	C	0.03%
DLTR	F	0.03%
LBRDK	A	0.03%
ADNT	F	0.03%
MRO	B	0.03%
DELL	A	0.03%
WHR	B	0.03%
HXL	F	0.03%
PRG	D	0.03%
FHI	A	0.03%
BURL	D	0.03%
PLXS	A	0.03%
MATX	A	0.03%
DRI	C	0.03%
FNF	B	0.03%
SBAC	C	0.03%
WPC	F	0.03%
NTRS	A	0.03%
MAN	F	0.03%
XPO	A	0.03%
DDS	C	0.03%
BFAM	C	0.03%
OI	F	0.03%
RLI	B	0.03%
UDR	D	0.03%
CG	B	0.03%
APLE	B	0.03%
MC	C	0.03%
JBL	B	0.03%
HBAN	A	0.03%
LW	B	0.03%
TER	F	0.03%
RL	B	0.03%
HII	F	0.03%
X	C	0.03%
COHR	B	0.03%
TPX	F	0.03%
AVTR	F	0.03%
CPAY	B	0.03%
GNW	C	0.03%
AVB	C	0.03%
SEM	D	0.03%
SM	F	0.03%
AVA	D	0.03%
SHOO	D	0.03%
ASO	F	0.03%
AWI	A	0.03%
HOLX	C	0.03%
CMS	C	0.03%
KBH	D	0.03%
HSIC	D	0.03%
IVZ	B	0.03%
MORN	B	0.03%
COLD	F	0.03%
BJ	B	0.03%
FE	D	0.03%
ACM	A	0.03%
FR	D	0.02%
PHIN	B	0.02%
SF	A	0.02%
KEX	C	0.02%
DNOW	F	0.02%
VFC	A	0.02%
GT	D	0.02%
DAN	F	0.02%
UHAL	B	0.02%
ZION	A	0.02%
EVRG	C	0.02%
RF	A	0.02%
BHE	B	0.02%
CROX	F	0.02%
KIM	B	0.02%
LXP	D	0.02%
SNV	A	0.02%
LEG	F	0.02%
TTEK	B	0.02%
BEN	B	0.02%
ODFL	A	0.02%
AA	B	0.02%
SATS	B	0.02%
OSIS	F	0.02%
ATO	B	0.02%
LAD	A	0.02%
HNI	D	0.02%
ANDE	F	0.02%
VSH	F	0.02%
HP	C	0.02%
BRKR	F	0.02%
SNDR	A	0.02%
WKC	D	0.02%
DORM	B	0.02%
PNR	A	0.02%
HST	D	0.02%
VSCO	A	0.02%
ODP	C	0.02%
HRL	F	0.02%
BXP	B	0.02%
MAA	D	0.02%
DTE	C	0.02%
PMT	D	0.02%
M	C	0.02%
NAVI	F	0.02%
APOG	B	0.02%
EPC	F	0.02%
CC	F	0.02%
RLJ	F	0.02%
VVV	D	0.02%
DOW	F	0.02%
YELP	F	0.02%
OC	B	0.02%
DOV	B	0.02%
LNT	B	0.02%
PFSI	D	0.02%
SAM	C	0.02%
JBLU	D	0.02%
SKX	F	0.02%
AIR	F	0.02%
MCY	B	0.02%
NI	A	0.02%
NTCT	B	0.02%
XHR	C	0.02%
CINF	B	0.02%
CCL	A	0.02%
CTLT	D	0.02%
OHI	A	0.02%
PVH	C	0.02%
AGCO	C	0.02%
PAG	F	0.02%
WMS	F	0.02%
PBF	F	0.02%
KBR	B	0.02%
SBH	B	0.02%
PSN	A	0.02%
GEF	B	0.02%
FAF	D	0.02%
THS	F	0.02%
RRC	D	0.02%
HOG	F	0.02%
GMED	B	0.02%
VSTO	A	0.02%
JBHT	A	0.02%
KMPR	B	0.02%
ACA	B	0.02%
PINC	A	0.02%
STC	D	0.02%
WRB	C	0.02%
KSS	F	0.02%
KEY	B	0.02%
NEU	F	0.02%
LZB	D	0.02%
PNM	B	0.02%
JEF	B	0.02%
AAP	F	0.01%
NOV	F	0.01%
KNX	C	0.01%
CPRI	F	0.01%
SVC	F	0.01%
UHAL	B	0.01%
SCL	F	0.01%
DINO	F	0.01%
PARA	C	0.01%
IMKTA	D	0.01%
ELAN	D	0.01%
RKT	D	0.01%
MLKN	F	0.01%
MKSI	F	0.01%
ARI	F	0.01%
QRVO	F	0.01%
UVV	C	0.01%
ECPG	F	0.01%
ACI	F	0.01%
RVTY	C	0.01%
WOR	F	0.01%
CNXN	F	0.01%
WGO	F	0.01%
HTH	F	0.01%
ALEX	C	0.01%
CACC	F	0.01%
ARCH	B	0.01%
RDN	C	0.01%
GIII	B	0.01%
SR	D	0.01%
PNW	D	0.01%
KALU	B	0.01%
SPR	D	0.01%
FDP	A	0.01%
ARMK	B	0.01%
ESI	A	0.01%
OUT	B	0.01%
CENTA	F	0.01%
UGI	C	0.01%
SWX	B	0.01%
SHO	D	0.01%
CNS	B	0.01%
PECO	B	0.01%
SEB	F	0.01%
IDCC	A	0.01%
WMK	F	0.01%
AMED	D	0.01%
WAFD	D	0.01%
PPC	A	0.01%
PFG	C	0.01%
MOS	B	0.01%
INCY	A	0.01%
TPR	A	0.01%
BRC	D	0.01%
CLF	C	0.01%
STRA	F	0.01%
JBGS	C	0.01%
MHK	D	0.01%
FELE	D	0.01%
BBWI	F	0.01%
LEA	F	0.01%
CBSH	A	0.01%
XRX	F	0.01%
DXC	F	0.01%
OMI	F	0.01%
ONB	A	0.01%
KN	D	0.01%
FHN	A	0.01%
WTFC	A	0.01%
CADE	B	0.01%
LADR	C	0.01%
SAIC	B	0.01%
GOLF	D	0.01%
DTM	A	0.01%
CWEN	B	0.01%
TTMI	A	0.01%
WWD	D	0.01%
FLR	B	0.01%
VNT	B	0.01%
NNN	D	0.01%
MUR	F	0.01%
RBC	D	0.01%
UAL	A	0.01%
LAUR	B	0.01%
CVI	F	0.01%
NNI	B	0.01%
IOSP	F	0.01%
GME	C	0.01%
SLB	F	0.01%
ALGN	F	0.01%
ESNT	D	0.01%
ICUI	C	0.01%
ADC	C	0.01%
GES	F	0.01%
H	D	0.01%
PTEN	F	0.01%
SAH	D	0.01%
HE	D	0.01%
DEI	B	0.01%
AES	F	0.01%
BWA	C	0.01%
FYBR	B	0.01%
PSMT	D	0.01%
SCCO	B	0.0%
WOLF	D	0.0%
HUN	D	0.0%

MFUS Underweight 198 Positions Relative to JSTC

Symbol	Grade	Weight
SNA	A	-1.44%
NXPI	D	-0.99%
CDNS	C	-0.66%
MELI	C	-0.64%
BUD	D	-0.59%
BAP	B	-0.43%
OTEX	D	-0.26%
VEEV	C	-0.25%
NU	A	-0.2%
CHT	D	-0.2%
CRWD	C	-0.18%
HURN	A	-0.17%
MOH	D	-0.16%
DDOG	B	-0.15%
AWR	C	-0.14%
HUBS	B	-0.14%
EPAC	A	-0.14%
RYAN	C	-0.14%
DT	B	-0.13%
INSM	D	-0.13%
CWT	D	-0.13%
AZZ	D	-0.13%
NWBI	D	-0.13%
SRCE	C	-0.12%
NET	B	-0.12%
FUL	F	-0.12%
TEAM	B	-0.11%
CHCO	B	-0.11%
STBA	D	-0.1%
SAFT	D	-0.09%
NBTB	D	-0.09%
LOGI	F	-0.09%
HOPE	C	-0.09%
HMN	A	-0.09%
VRTS	C	-0.08%
HRI	A	-0.08%
SCSC	F	-0.08%
EPAM	F	-0.08%
BYD	A	-0.08%
MMI	D	-0.08%
TECH	B	-0.08%
AL	C	-0.07%
SYBT	B	-0.07%
BRKL	A	-0.07%
TWLO	A	-0.07%
SJW	F	-0.07%
WABC	B	-0.07%
IBP	F	-0.07%
WTS	F	-0.07%
RNST	A	-0.07%
B	A	-0.07%
EIG	A	-0.07%
SUPN	B	-0.06%
SSD	F	-0.06%
CFFN	A	-0.06%
PODD	B	-0.06%
KFY	C	-0.06%
ENS	F	-0.06%
WEX	F	-0.06%
BSIG	A	-0.06%
DLX	F	-0.05%
CBZ	C	-0.05%
DOCU	B	-0.05%
TRS	B	-0.05%
ASB	A	-0.05%
MDB	F	-0.05%
SPNS	B	-0.05%
FSS	F	-0.05%
WD	C	-0.05%
FTDR	B	-0.05%
KWR	F	-0.05%
KAR	F	-0.04%
PRGS	B	-0.04%
EXLS	A	-0.04%
ENOV	D	-0.04%
VRNS	C	-0.04%
NPO	F	-0.04%
WSC	F	-0.04%
PIPR	B	-0.04%
AAON	A	-0.04%
ACIW	D	-0.04%
ITGR	D	-0.04%
CSWI	C	-0.04%
PZZA	B	-0.04%
FLUT	B	-0.04%
AZEK	C	-0.04%
KAI	A	-0.04%
AGO	B	-0.04%
SITE	F	-0.04%
VCYT	A	-0.04%
SCHL	F	-0.04%
HLIO	B	-0.03%
LNTH	B	-0.03%
CABO	D	-0.03%
PHR	F	-0.03%
ALLE	C	-0.03%
SMAR	A	-0.03%
TFSL	D	-0.03%
QTWO	A	-0.03%
LCII	F	-0.03%
REYN	F	-0.03%
BGC	C	-0.03%
FRPT	D	-0.03%
NVST	A	-0.03%
FN	B	-0.03%
NOVT	D	-0.03%
CCS	F	-0.03%
DNB	B	-0.03%
UBSI	A	-0.03%
CGNX	B	-0.03%
BL	B	-0.03%
ALTR	A	-0.03%
VREX	C	-0.03%
QFIN	B	-0.03%
PRO	C	-0.03%
MMSI	B	-0.03%
GKOS	B	-0.03%
RH	B	-0.03%
INSP	D	-0.03%
IMAX	A	-0.03%
INVA	B	-0.03%
MOD	C	-0.03%
HI	F	-0.03%
GH	D	-0.02%
NTLA	F	-0.02%
FOXF	F	-0.02%
ACLS	F	-0.02%
ASAN	F	-0.02%
RCKT	F	-0.02%
NTNX	B	-0.02%
IPGP	B	-0.02%
GO	F	-0.02%
RGEN	F	-0.02%
KLIC	B	-0.02%
PCOR	B	-0.02%
EVTC	D	-0.02%
NVT	A	-0.02%
YETI	F	-0.02%
TENB	D	-0.02%
AMBA	B	-0.02%
SPSC	F	-0.02%
EYE	D	-0.02%
TNC	F	-0.02%
PACB	C	-0.02%
IONS	F	-0.02%
BPOP	F	-0.02%
WIX	B	-0.02%
IART	C	-0.02%
MRNA	F	-0.02%
WK	B	-0.02%
PRVA	D	-0.02%
MGNI	C	-0.02%
GTLB	C	-0.02%
EVH	F	-0.02%
RPD	B	-0.02%
AXNX	A	-0.02%
YMM	B	-0.02%
HCP	A	-0.02%
OPCH	F	-0.02%
SRPT	D	-0.02%
VRT	B	-0.02%
KNSL	F	-0.02%
SXI	A	-0.02%
CALX	C	-0.02%
GRAB	A	-0.02%
CFLT	A	-0.02%
RMBS	C	-0.02%
PBH	A	-0.02%
TDOC	C	-0.02%
HALO	D	-0.02%
MNDY	B	-0.02%
FRME	C	-0.02%
PCTY	A	-0.02%
CYBR	C	-0.02%
ONON	C	-0.02%
FIBK	B	-0.02%
DOOO	F	-0.02%
PLMR	D	-0.02%
POWI	D	-0.02%
QLYS	F	-0.02%
TFIN	B	-0.02%
GBCI	A	-0.02%
ROG	F	-0.02%
ZD	F	-0.02%
CNMD	D	-0.02%
SLAB	F	-0.02%
BOX	D	-0.02%
EXTR	B	-0.02%
EEFT	F	-0.02%
PRLB	F	-0.02%
CELH	F	-0.01%
IQ	C	-0.01%
SHLS	F	-0.01%
FTRE	F	-0.01%
TREX	B	-0.01%
FORM	F	-0.01%
MXL	D	-0.01%
MEDP	F	-0.01%