MFUS vs. PABU ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to iShares Paris-Aligned Climate MSCI USA ETF (PABU)

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

$50.35

Average Daily Volume

7,922

Number of Holdings ^*

809

* may have additional holdings in another (foreign) market

PABU

iShares Paris-Aligned Climate MSCI USA ETF

PABU Description

iShares Trust - iShares Paris-Aligned Climate MSCI USA ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It seeks to track the performance of the MSCI USA Climate Paris Aligned Benchmark Extended Select Index, by using representative sampling technique. It does not invest in stocks of companies operating across tobacco, controversial or nuclear weapons, producers and retailers of civilian firearms, thermal coal mining or sales, a wide range of oil- and gas-related activities, certain types of power generation and the extraction of oil sands sectors. iShares Trust - iShares Paris-Aligned Climate MSCI USA ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$62.98

Average Daily Volume

36,220

Number of Holdings ^*

236

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	PABU
30 Days	3.55%	4.16%
60 Days	10.60%	11.08%
90 Days	6.54%	3.85%
12 Months	36.03%	36.31%

166 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in PABU	Overlap
AAPL	C	0.97%	7.04%	0.97%
ABBV	C	1.56%	0.69%	0.69%
ACM	A	0.03%	0.52%	0.03%
ACN	B	0.23%	0.4%	0.23%
ADBE	F	0.04%	0.56%	0.04%
ADP	A	0.1%	0.28%	0.1%
ADSK	B	0.08%	0.18%	0.08%
AFL	A	0.22%	0.6%	0.22%
AJG	C	0.14%	0.12%	0.12%
ALGN	D	0.02%	0.03%	0.02%
ALL	A	0.26%	0.16%	0.16%
ALNY	C	0.07%	0.15%	0.07%
AMGN	D	1.01%	0.25%	0.25%
AMP	A	0.12%	0.04%	0.04%
AMT	D	0.16%	0.27%	0.16%
AMZN	C	1.6%	3.48%	1.6%
ANET	A	0.14%	0.17%	0.14%
ANSS	D	0.05%	0.05%	0.05%
AON	A	0.23%	0.07%	0.07%
APH	D	0.11%	0.15%	0.11%
AVB	C	0.03%	0.5%	0.03%
AVGO	B	1.68%	1.87%	1.68%
AVTR	D	0.04%	0.01%	0.01%
AXP	A	0.21%	0.4%	0.21%
BAH	C	0.15%	0.06%	0.06%
BDX	C	0.12%	0.11%	0.11%
BIIB	F	0.08%	0.07%	0.07%
BK	A	0.17%	0.22%	0.17%
BKNG	B	0.36%	0.03%	0.03%
BLK	A	0.17%	0.49%	0.17%
BMRN	F	0.01%	0.06%	0.01%
BMY	A	0.36%	0.35%	0.35%
BRK.A	B	2.37%	0.55%	0.55%
BRO	A	0.11%	0.21%	0.11%
BSX	A	0.2%	0.31%	0.2%
BXP	B	0.02%	0.47%	0.02%
CB	A	0.17%	0.41%	0.17%
CCI	D	0.08%	0.04%	0.04%
CDW	D	0.04%	0.23%	0.04%
CHD	D	0.07%	0.14%	0.07%
CHTR	D	0.25%	0.11%	0.11%
CINF	A	0.02%	0.13%	0.02%
CMCSA	B	0.16%	0.23%	0.16%
CME	A	0.14%	0.31%	0.14%
CMG	C	0.2%	0.13%	0.13%
COIN	F	0.06%	0.01%	0.01%
CPAY	A	0.03%	0.09%	0.03%
CPRT	B	0.08%	0.14%	0.08%
CSCO	A	0.61%	0.74%	0.61%
CTAS	C	0.19%	0.32%	0.19%
CTLT	A	0.02%	0.04%	0.02%
DFS	A	0.08%	0.1%	0.08%
DGX	D	0.09%	0.02%	0.02%
DHR	D	0.28%	0.4%	0.28%
DLR	C	0.08%	1.52%	0.08%
EBAY	A	0.38%	0.18%	0.18%
EFX	D	0.13%	0.11%	0.11%
EIX	C	0.05%	1.31%	0.05%
ELV	F	0.2%	0.3%	0.2%
EQR	C	0.04%	0.11%	0.04%
ERIE	A	0.06%	0.13%	0.06%
ESS	D	0.02%	0.12%	0.02%
EXR	D	0.13%	0.11%	0.11%
FAST	C	0.11%	0.22%	0.11%
FDS	C	0.04%	0.1%	0.04%
FFIV	B	0.06%	0.33%	0.06%
FIS	A	0.07%	0.05%	0.05%
FOXA	B	0.1%	0.03%	0.03%
FTNT	A	0.06%	0.11%	0.06%
GGG	C	0.03%	0.25%	0.03%
HD	A	0.6%	0.76%	0.6%
HIG	A	0.06%	0.19%	0.06%
HLT	A	0.09%	0.09%	0.09%
HOLX	D	0.03%	0.09%	0.03%
HSY	D	0.06%	0.06%	0.06%
IBM	A	1.14%	1.27%	1.14%
ICE	A	0.3%	0.29%	0.29%
IDXX	D	0.06%	0.44%	0.06%
IEX	D	0.08%	0.36%	0.08%
INTC	D	0.19%	0.3%	0.19%
IR	A	0.08%	0.17%	0.08%
ISRG	C	0.23%	0.34%	0.23%
IT	A	0.14%	0.02%	0.02%
JKHY	A	0.1%	0.01%	0.01%
JNJ	D	1.28%	0.96%	0.96%
JNPR	C	0.13%	0.29%	0.13%
JPM	C	0.88%	1.22%	0.88%
KDP	C	0.08%	0.09%	0.08%
KKR	A	0.14%	0.15%	0.14%
KLAC	B	0.28%	0.24%	0.24%
LLY	D	2.87%	1.99%	1.99%
MA	A	0.27%	0.92%	0.27%
MAR	A	0.04%	0.08%	0.04%
MCD	A	0.55%	1.15%	0.55%
MCO	D	0.12%	0.49%	0.12%
MET	A	0.32%	0.17%	0.17%
META	A	2.37%	2.52%	2.37%
MKTX	B	0.02%	0.04%	0.02%
MMC	D	0.19%	0.34%	0.19%
MNST	D	0.07%	0.24%	0.07%
MRK	F	1.0%	0.82%	0.82%
MSI	A	0.18%	0.49%	0.18%
MTB	A	0.03%	0.08%	0.03%
MTD	C	0.1%	0.24%	0.1%
NBIX	F	0.04%	0.04%	0.04%
NDAQ	C	0.05%	0.12%	0.05%
NFLX	A	0.46%	0.7%	0.46%
NKE	D	0.07%	0.09%	0.07%
NOW	B	0.31%	1.02%	0.31%
NTRS	B	0.03%	0.08%	0.03%
NVDA	B	1.64%	6.78%	1.64%
O	C	0.06%	0.29%	0.06%
ODFL	F	0.02%	0.19%	0.02%
ORCL	A	1.38%	0.77%	0.77%
PANW	B	0.22%	0.23%	0.22%
PAYX	B	0.04%	0.24%	0.04%
PFE	D	0.64%	0.42%	0.42%
PGR	B	0.6%	0.38%	0.38%
PNR	C	0.02%	0.18%	0.02%
POOL	D	0.07%	0.02%	0.02%
PSA	C	0.1%	0.29%	0.1%
PYPL	A	0.11%	0.16%	0.11%
QCOM	D	0.8%	0.35%	0.35%
REGN	D	0.49%	0.27%	0.27%
RMD	C	0.17%	0.12%	0.12%
ROL	C	0.07%	0.18%	0.07%
ROP	D	0.06%	0.16%	0.06%
RPRX	D	0.03%	0.28%	0.03%
SBUX	B	0.09%	0.3%	0.09%
SCHW	D	0.04%	0.34%	0.04%
SEIC	B	0.07%	0.1%	0.07%
SHW	C	0.22%	1.53%	0.22%
SPG	A	0.16%	0.15%	0.15%
SPGI	C	0.27%	0.82%	0.27%
SSNC	C	0.02%	0.01%	0.01%
STZ	D	0.06%	0.03%	0.03%
TFX	C	0.03%	0.05%	0.03%
TJX	D	0.38%	0.31%	0.31%
TMO	D	0.33%	0.63%	0.33%
TROW	D	0.08%	0.1%	0.08%
TTWO	D	0.06%	0.02%	0.02%
TW	A	0.05%	0.02%	0.02%
TXN	C	0.3%	0.69%	0.3%
TYL	D	0.08%	0.04%	0.04%
UBER	C	0.23%	0.14%	0.14%
ULTA	D	0.04%	0.08%	0.04%
UNH	B	0.79%	1.1%	0.79%
UNP	F	0.54%	0.22%	0.22%
URI	C	0.09%	0.03%	0.03%
USB	C	0.1%	0.08%	0.08%
V	B	0.28%	1.52%	0.28%
VLTO	A	0.05%	0.2%	0.05%
VRSK	D	0.17%	0.14%	0.14%
VRSN	C	0.04%	0.09%	0.04%
VRTX	D	0.22%	0.28%	0.22%
VTR	C	0.04%	0.04%	0.04%
WAB	A	0.05%	0.03%	0.03%
WAT	B	0.05%	0.03%	0.03%
WELL	C	0.11%	0.21%	0.11%
WFC	B	0.73%	0.17%	0.17%
WPC	C	0.03%	0.03%	0.03%
WST	D	0.04%	0.18%	0.04%
WTW	C	0.1%	0.14%	0.1%
XYL	C	0.12%	1.27%	0.12%
YUM	C	0.12%	0.19%	0.12%
ZTS	C	0.06%	0.73%	0.06%

MFUS Overweight 643 Positions Relative to PABU

Symbol	Grade	Weight
WMT	A	1.68%
COST	C	1.36%
KO	C	1.16%
VZ	C	1.11%
PG	D	1.04%
PM	D	0.83%
LMT	A	0.82%
GILD	A	0.79%
TGT	C	0.77%
PEP	F	0.77%
T	B	0.74%
CVS	D	0.71%
MO	D	0.66%
C	B	0.63%
MMM	C	0.63%
GE	B	0.61%
AMAT	C	0.59%
MCK	F	0.5%
XOM	A	0.42%
CL	D	0.41%
BAC	B	0.39%
TMUS	A	0.38%
NOC	B	0.38%
KR	C	0.37%
MPC	D	0.36%
CVX	B	0.36%
GS	B	0.35%
LOW	C	0.34%
AIG	C	0.34%
GM	D	0.32%
HCA	C	0.3%
HPQ	B	0.29%
AZO	D	0.29%
THC	D	0.29%
MDLZ	D	0.26%
WM	B	0.26%
UPS	D	0.25%
ADM	F	0.25%
NEE	C	0.25%
SYF	A	0.24%
GD	C	0.24%
COF	A	0.24%
ANF	D	0.24%
CAH	B	0.24%
PRU	B	0.23%
RTX	A	0.23%
BBY	C	0.23%
PSX	D	0.23%
LHX	A	0.23%
NEM	C	0.22%
LII	C	0.22%
VST	A	0.21%
FICO	C	0.21%
WSM	C	0.21%
WSO	C	0.2%
SFM	A	0.2%
TRV	B	0.2%
CAT	A	0.2%
GIS	C	0.2%
LRCX	D	0.19%
GWW	B	0.19%
GLW	C	0.19%
ORLY	A	0.19%
LYB	B	0.18%
MS	A	0.18%
KMB	D	0.18%
UTHR	C	0.18%
TDG	A	0.17%
DVA	C	0.17%
VLO	F	0.16%
BR	B	0.16%
EA	D	0.16%
KHC	F	0.16%
TSN	D	0.16%
CI	D	0.15%
DECK	B	0.15%
HWM	A	0.15%
F	D	0.15%
CASY	D	0.15%
K	B	0.15%
MUSA	D	0.15%
MU	D	0.15%
CHRW	C	0.14%
DUK	C	0.14%
SMCI	F	0.14%
PLTR	A	0.14%
CMI	A	0.13%
CEG	A	0.13%
SYY	D	0.13%
DPZ	D	0.13%
RSG	D	0.13%
VTRS	D	0.13%
PH	A	0.13%
SO	A	0.13%
TSCO	A	0.12%
RPM	A	0.12%
CLX	C	0.12%
IRM	B	0.12%
PNC	C	0.11%
PHM	C	0.11%
DD	C	0.11%
CSX	D	0.11%
LDOS	A	0.11%
BX	C	0.11%
EVR	C	0.11%
WBA	F	0.11%
PWR	A	0.11%
MPWR	B	0.1%
AOS	C	0.1%
CW	A	0.1%
NVR	C	0.1%
DG	F	0.1%
ITW	C	0.1%
NTAP	D	0.1%
CRS	B	0.1%
AVY	D	0.1%
HPE	B	0.1%
GDDY	B	0.1%
AEO	C	0.09%
AEP	C	0.09%
OKE	A	0.09%
GPI	C	0.09%
DKS	D	0.09%
TRGP	A	0.09%
ALSN	A	0.09%
LSTR	F	0.09%
EHC	C	0.09%
KMI	A	0.09%
TMHC	C	0.09%
JXN	A	0.09%
EXPD	D	0.09%
DASH	A	0.09%
CACI	A	0.09%
BWXT	A	0.09%
LPX	C	0.08%
ATR	A	0.08%
OTIS	A	0.08%
EQH	B	0.08%
SLG	C	0.08%
SRE	C	0.08%
TAP	D	0.08%
IP	C	0.08%
TFC	D	0.08%
AIZ	B	0.08%
BALL	C	0.08%
RCL	B	0.08%
STE	D	0.08%
GEHC	C	0.08%
HRB	C	0.08%
AYI	A	0.08%
WDC	C	0.08%
ARES	A	0.08%
ITT	C	0.08%
GPK	D	0.08%
WMB	A	0.08%
NUE	D	0.08%
ECL	C	0.08%
NSC	C	0.07%
NSIT	B	0.07%
MLM	F	0.07%
COP	D	0.07%
BKR	B	0.07%
R	C	0.07%
TTC	F	0.07%
UFPI	C	0.07%
AN	D	0.07%
PKG	B	0.07%
MTH	C	0.07%
HCC	C	0.07%
VNO	B	0.07%
BCC	C	0.07%
MLI	B	0.07%
WU	D	0.07%
GLPI	C	0.07%
WCC	D	0.07%
LEN	C	0.07%
EXC	C	0.07%
THO	C	0.07%
EMR	B	0.07%
NRG	A	0.07%
D	A	0.07%
UHS	D	0.07%
DHI	C	0.07%
CALM	A	0.07%
HLI	A	0.07%
ABG	D	0.07%
CNC	F	0.06%
TXRH	A	0.06%
SEE	C	0.06%
BC	C	0.06%
CNX	A	0.06%
L	C	0.06%
JLL	C	0.06%
AMG	B	0.06%
TPH	C	0.06%
ED	C	0.06%
BERY	C	0.06%
JCI	C	0.06%
RGA	B	0.06%
PEG	A	0.06%
PK	D	0.06%
OMC	C	0.06%
CRI	D	0.06%
CPT	C	0.06%
MKC	C	0.06%
MMS	C	0.06%
MSCI	B	0.06%
FCN	C	0.06%
CCK	C	0.06%
CHE	D	0.06%
SCI	D	0.06%
MSM	D	0.06%
INGR	B	0.06%
EXP	C	0.06%
MAS	C	0.06%
TOL	C	0.06%
ARW	C	0.05%
MHO	C	0.05%
NDSN	C	0.05%
NFG	A	0.05%
CBRE	C	0.05%
CUBE	C	0.05%
URBN	F	0.05%
PPG	D	0.05%
FANG	D	0.05%
IBKR	A	0.05%
CAG	D	0.05%
HBI	B	0.05%
GNRC	B	0.05%
SLGN	B	0.05%
USFD	C	0.05%
CPB	D	0.05%
COOP	B	0.05%
G	A	0.05%
SQ	D	0.05%
ATI	C	0.05%
SEB	F	0.05%
GNTX	D	0.05%
VIRT	B	0.05%
BAX	D	0.05%
LPLA	D	0.05%
LUMN	C	0.05%
TEX	F	0.05%
WEN	B	0.05%
MTN	D	0.05%
ATGE	D	0.05%
ALLY	F	0.05%
CBT	B	0.05%
NXST	D	0.05%
BTU	B	0.05%
KTB	C	0.05%
FCNCA	D	0.05%
OGN	F	0.05%
APP	A	0.05%
A	B	0.05%
LECO	D	0.05%
GAP	F	0.05%
SKYW	B	0.05%
CARR	A	0.05%
LAMR	C	0.05%
POST	C	0.05%
SUI	D	0.05%
FIX	A	0.05%
CMC	D	0.05%
SLM	B	0.05%
LANC	F	0.04%
KBH	D	0.04%
TDS	C	0.04%
NYT	C	0.04%
DBRG	D	0.04%
UNM	A	0.04%
BHF	D	0.04%
AVT	B	0.04%
IFF	D	0.04%
BLD	D	0.04%
MANH	A	0.04%
PPL	C	0.04%
TER	C	0.04%
CVLT	B	0.04%
TRN	C	0.04%
BDC	A	0.04%
WTM	C	0.04%
JHG	A	0.04%
ES	D	0.04%
EXEL	B	0.04%
JWN	D	0.04%
NWSA	D	0.04%
ASO	D	0.04%
CLH	B	0.04%
CMA	C	0.04%
CTVA	A	0.04%
COLD	D	0.04%
STLD	C	0.04%
SLVM	C	0.04%
PSTG	F	0.04%
SON	D	0.04%
PTC	B	0.04%
EME	B	0.04%
ELS	D	0.04%
HUBG	D	0.04%
MAC	B	0.04%
AMH	D	0.04%
CPNG	C	0.04%
UHAL	C	0.04%
FITB	C	0.04%
GATX	F	0.04%
FLEX	B	0.04%
INVH	D	0.04%
TKR	B	0.04%
FLO	D	0.04%
AROC	B	0.04%
TGNA	B	0.04%
FTI	B	0.04%
HEI	C	0.04%
CRBG	B	0.04%
SMG	C	0.04%
ABM	D	0.04%
CNO	B	0.04%
AGNC	B	0.04%
CE	D	0.04%
RS	D	0.04%
KD	D	0.04%
LOPE	D	0.04%
ETR	A	0.04%
OLN	D	0.04%
RGLD	C	0.04%
FL	F	0.04%
EMN	C	0.04%
SRCL	B	0.04%
BLDR	C	0.04%
THG	A	0.04%
DCI	B	0.04%
AR	C	0.04%
GVA	A	0.04%
CRUS	D	0.04%
SJM	D	0.04%
IPG	D	0.04%
SIG	C	0.04%
MOG.A	C	0.04%
BKE	B	0.03%
APAM	B	0.03%
NEU	F	0.03%
MTG	A	0.03%
FHI	A	0.03%
PLXS	A	0.03%
KSS	D	0.03%
THS	D	0.03%
DRH	B	0.03%
LNC	B	0.03%
STC	D	0.03%
LW	D	0.03%
MSA	F	0.03%
LZB	D	0.03%
HXL	F	0.03%
RYN	C	0.03%
UNF	A	0.03%
DELL	C	0.03%
WHR	C	0.03%
ADNT	F	0.03%
MRO	B	0.03%
COKE	C	0.03%
HOG	D	0.03%
XRAY	D	0.03%
JBL	C	0.03%
XPO	F	0.03%
FNF	C	0.03%
DLTR	F	0.03%
AKAM	D	0.03%
HBAN	B	0.03%
DK	F	0.03%
SBAC	C	0.03%
BKU	D	0.03%
VC	F	0.03%
DDS	D	0.03%
MASI	B	0.03%
RLI	A	0.03%
OI	D	0.03%
DRI	C	0.03%
GMS	B	0.03%
RL	B	0.03%
COHR	B	0.03%
APLE	B	0.03%
MATX	C	0.03%
BURL	C	0.03%
UDR	C	0.03%
HOOD	B	0.03%
X	F	0.03%
PRG	C	0.03%
GNW	A	0.03%
BFAM	C	0.03%
MC	B	0.03%
HII	F	0.03%
WH	C	0.03%
SM	D	0.03%
AWI	A	0.03%
MAN	D	0.03%
OSK	F	0.03%
GBX	C	0.03%
AVA	D	0.03%
MORN	B	0.03%
HUBB	A	0.03%
MDU	C	0.03%
CMS	A	0.03%
IVZ	A	0.03%
BJ	B	0.03%
HSIC	D	0.03%
AMKR	F	0.03%
CFG	C	0.03%
DOX	B	0.03%
TPX	C	0.03%
SHOO	A	0.03%
RUSHA	D	0.03%
GEO	D	0.03%
PRIM	A	0.03%
SEM	D	0.03%
FE	C	0.03%
SANM	D	0.03%
KEX	C	0.02%
TDC	D	0.02%
GES	F	0.02%
BHE	C	0.02%
PHIN	D	0.02%
DAN	D	0.02%
CWEN	C	0.02%
AXTA	C	0.02%
LAD	C	0.02%
KIM	C	0.02%
FR	D	0.02%
DNOW	F	0.02%
EVRG	C	0.02%
WAL	C	0.02%
TTEK	A	0.02%
ATO	A	0.02%
APG	F	0.02%
BEN	F	0.02%
CROX	C	0.02%
NWL	D	0.02%
VSCO	C	0.02%
HP	D	0.02%
VFC	A	0.02%
AES	C	0.02%
SATS	C	0.02%
CSL	A	0.02%
LXP	D	0.02%
JBLU	B	0.02%
ODP	F	0.02%
EWBC	B	0.02%
HNI	B	0.02%
SNDR	D	0.02%
APOG	B	0.02%
LEG	D	0.02%
VSH	F	0.02%
CCL	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	D	0.02%
HST	D	0.02%
NAVI	D	0.02%
LNW	F	0.02%
DTE	B	0.02%
HRL	F	0.02%
GWRE	A	0.02%
VVV	D	0.02%
MCY	B	0.02%
LNT	B	0.02%
DOV	C	0.02%
YELP	D	0.02%
PMT	B	0.02%
CC	D	0.02%
EPC	F	0.02%
MAA	D	0.02%
BRKR	D	0.02%
NSP	F	0.02%
AGCO	D	0.02%
NI	A	0.02%
VSTO	B	0.02%
NTCT	C	0.02%
DOW	B	0.02%
RLJ	D	0.02%
GHC	A	0.02%
SXT	C	0.02%
DLB	D	0.02%
OHI	C	0.02%
KBR	A	0.02%
XHR	A	0.02%
CXW	F	0.02%
PBF	F	0.02%
PVH	D	0.02%
AIR	C	0.02%
SKX	B	0.02%
HAE	F	0.02%
SBH	B	0.02%
GMED	B	0.02%
KMPR	D	0.02%
PSN	A	0.02%
GEF	B	0.02%
PFSI	C	0.02%
JBHT	D	0.02%
KEY	B	0.02%
WMS	D	0.02%
PINC	F	0.02%
RRC	D	0.02%
FAF	C	0.02%
PAG	D	0.02%
WRB	C	0.02%
ACA	C	0.02%
LBRDK	C	0.02%
JEF	A	0.02%
ORA	C	0.02%
OMF	D	0.02%
PDCO	F	0.02%
WERN	D	0.02%
PNM	B	0.02%
CG	B	0.02%
HUN	B	0.01%
AAP	F	0.01%
KNX	D	0.01%
NOV	F	0.01%
SCL	D	0.01%
UHAL	C	0.01%
DINO	F	0.01%
PARA	F	0.01%
MLKN	F	0.01%
ARCH	D	0.01%
CACC	F	0.01%
KALU	D	0.01%
ACI	F	0.01%
ECPG	F	0.01%
ELAN	D	0.01%
QRVO	F	0.01%
GIII	C	0.01%
SSB	C	0.01%
UVV	D	0.01%
MKSI	F	0.01%
ARI	F	0.01%
HTH	F	0.01%
IGT	F	0.01%
WGO	D	0.01%
PB	D	0.01%
ARMK	C	0.01%
ESI	C	0.01%
CFR	B	0.01%
UAL	A	0.01%
CNXN	C	0.01%
ALEX	D	0.01%
RDN	D	0.01%
FDP	C	0.01%
OUT	C	0.01%
IMKTA	F	0.01%
CNS	C	0.01%
WOR	F	0.01%
SVC	D	0.01%
PNW	C	0.01%
IDCC	A	0.01%
SR	D	0.01%
PPC	C	0.01%
RKT	D	0.01%
UGI	C	0.01%
CLF	D	0.01%
TPR	B	0.01%
SPR	D	0.01%
SWX	C	0.01%
MOS	F	0.01%
SIGI	D	0.01%
WAFD	D	0.01%
SHO	B	0.01%
CENTA	F	0.01%
PECO	C	0.01%
INCY	B	0.01%
FHN	D	0.01%
AMED	D	0.01%
JBGS	C	0.01%
PFG	A	0.01%
FLR	B	0.01%
ESAB	C	0.01%
WMK	D	0.01%
SPB	C	0.01%
JELD	D	0.01%
CBSH	D	0.01%
WTFC	B	0.01%
CADE	B	0.01%
CNM	F	0.01%
ONB	D	0.01%
BRC	C	0.01%
XRX	D	0.01%
DTM	A	0.01%
DXC	C	0.01%
FELE	C	0.01%
STRA	F	0.01%
SAIC	A	0.01%
CSGS	B	0.01%
TTMI	D	0.01%
KN	B	0.01%
BBWI	F	0.01%
DY	C	0.01%
CPRI	C	0.01%
VNT	F	0.01%
CR	A	0.01%
LEA	F	0.01%
WBS	D	0.01%
CVI	D	0.01%
OMI	F	0.01%
SF	A	0.01%
LADR	D	0.01%
NNI	B	0.01%
WWD	C	0.01%
ZION	D	0.01%
AMWD	C	0.01%
GME	D	0.01%
GOLF	F	0.01%
MHK	C	0.01%
NNN	C	0.01%
RBC	C	0.01%
DEI	A	0.01%
SAH	D	0.01%
SNV	D	0.01%
IOSP	F	0.01%
TNET	D	0.01%
H	B	0.01%
REZI	D	0.01%
SLB	D	0.01%
ADC	C	0.01%
PTEN	F	0.01%
ICUI	B	0.01%
MUR	F	0.01%
HE	F	0.01%
GT	F	0.01%
AA	B	0.01%
FYBR	C	0.01%
PSMT	A	0.01%
SCS	D	0.01%
ESNT	A	0.01%
BWA	C	0.01%
LAUR	C	0.01%
RF	B	0.01%
SCCO	B	0.0%
NOMD	D	0.0%
WOLF	F	0.0%

MFUS Underweight 70 Positions Relative to PABU

Symbol	Grade	Weight
MSFT	D	-6.99%
TSLA	C	-2.45%
GOOG	B	-2.32%
GOOGL	B	-1.03%
AWK	D	-0.87%
PLD	D	-0.86%
FSLR	C	-0.86%
EQIX	C	-0.85%
ADI	B	-0.7%
CRM	B	-0.69%
AMD	C	-0.69%
ARE	D	-0.56%
INTU	F	-0.54%
VICI	C	-0.44%
ENPH	F	-0.41%
AME	C	-0.37%
EW	F	-0.36%
DIS	D	-0.35%
AXON	A	-0.33%
RIVN	F	-0.33%
SYK	C	-0.33%
DOC	C	-0.33%
ACGL	A	-0.31%
MRVL	C	-0.3%
FI	A	-0.29%
MELI	D	-0.29%
FTV	C	-0.25%
TECH	D	-0.24%
GRMN	D	-0.22%
AFG	A	-0.2%
MDT	C	-0.17%
ABNB	D	-0.16%
ROK	D	-0.16%
MKL	B	-0.16%
ROST	D	-0.16%
KEYS	B	-0.15%
RVTY	C	-0.15%
CSGP	F	-0.14%
LULU	D	-0.13%
TRMB	B	-0.12%
REG	C	-0.11%
CBOE	B	-0.11%
COO	C	-0.11%
ALLE	A	-0.08%
ILMN	B	-0.08%
FWONK	D	-0.07%
TTD	A	-0.07%
WDAY	D	-0.07%
VEEV	C	-0.07%
ZBH	F	-0.07%
GPN	F	-0.06%
DXCM	F	-0.06%
IQV	F	-0.05%
TEL	D	-0.05%
ZM	B	-0.04%
BIO	B	-0.04%
FOX	B	-0.04%
PODD	C	-0.04%
RJF	B	-0.02%
SNOW	F	-0.02%
WYNN	B	-0.02%
PINS	D	-0.02%
MTCH	B	-0.02%
EL	D	-0.02%
PAYC	D	-0.01%
NLY	C	-0.01%
EXAS	C	-0.01%
OKTA	F	-0.01%
Z	C	-0.01%
SNAP	D	-0.01%