MFUS vs. RWJ ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to RevenueShares Small Cap (RWJ)

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

RWJ

RevenueShares Small Cap

RWJ Description

The investment seeks outperform the total return performance of the S&P SmallCap 600Â® Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Small Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of small capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$48.29

Average Daily Volume

109,014

Number of Holdings ^*

581

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	RWJ
30 Days	2.73%	7.91%
60 Days	3.41%	6.53%
90 Days	5.38%	7.72%
12 Months	32.49%	33.53%

154 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in RWJ	Overlap
AAP	C	0.01%	0.78%	0.01%
ABG	B	0.08%	1.33%	0.08%
ABM	B	0.04%	0.64%	0.04%
ACA	A	0.03%	0.2%	0.03%
ADNT	F	0.02%	1.07%	0.02%
AEO	F	0.07%	0.35%	0.07%
AIR	B	0.02%	0.16%	0.02%
ALEX	C	0.01%	0.01%	0.01%
AMWD	C	0.01%	0.14%	0.01%
ANDE	D	0.02%	0.85%	0.02%
APAM	B	0.03%	0.09%	0.03%
APLE	B	0.03%	0.11%	0.03%
APOG	B	0.02%	0.12%	0.02%
ARCH	B	0.01%	0.26%	0.01%
ARI	C	0.01%	0.06%	0.01%
AROC	B	0.04%	0.09%	0.04%
ASO	F	0.03%	0.36%	0.03%
ATGE	B	0.06%	0.14%	0.06%
ATI	D	0.04%	0.28%	0.04%
AVA	A	0.03%	0.13%	0.03%
AWI	A	0.04%	0.11%	0.04%
BCC	B	0.07%	0.51%	0.07%
BFH	B	0.06%	0.4%	0.06%
BHE	B	0.02%	0.22%	0.02%
BKE	B	0.03%	0.09%	0.03%
BKU	A	0.03%	0.16%	0.03%
BRC	D	0.01%	0.1%	0.01%
BTU	B	0.05%	0.38%	0.05%
CALM	A	0.09%	0.21%	0.09%
CENTA	C	0.01%	0.11%	0.01%
CMA	A	0.04%	0.44%	0.04%
CNS	B	0.01%	0.04%	0.01%
CNXN	C	0.01%	0.19%	0.01%
COOP	B	0.05%	0.15%	0.05%
CRS	A	0.11%	0.24%	0.11%
CSGS	B	0.01%	0.1%	0.01%
CVI	F	0.01%	0.51%	0.01%
CWEN	C	0.01%	0.05%	0.01%
CWEN	C	0.01%	0.05%	0.01%
CXW	B	0.04%	0.22%	0.04%
DAN	D	0.01%	0.65%	0.01%
DEI	B	0.01%	0.08%	0.01%
DNOW	B	0.02%	0.2%	0.02%
DORM	B	0.02%	0.16%	0.02%
DRH	B	0.03%	0.08%	0.03%
DXC	B	0.01%	0.99%	0.01%
DY	D	0.01%	0.31%	0.01%
ECPG	B	0.01%	0.09%	0.01%
EPC	D	0.02%	0.15%	0.02%
FDP	B	0.01%	0.35%	0.01%
FELE	B	0.01%	0.16%	0.01%
FL	F	0.04%	0.51%	0.04%
GBX	A	0.04%	0.34%	0.04%
GEO	B	0.07%	0.34%	0.07%
GES	F	0.01%	0.18%	0.01%
GIII	D	0.01%	0.22%	0.01%
GMS	B	0.03%	0.46%	0.03%
GNW	A	0.03%	0.52%	0.03%
GPI	A	0.09%	1.47%	0.09%
GVA	A	0.05%	0.34%	0.05%
HBI	B	0.05%	0.41%	0.05%
HCC	B	0.07%	0.14%	0.07%
HNI	B	0.02%	0.2%	0.02%
HP	B	0.02%	0.23%	0.02%
HTH	B	0.01%	0.11%	0.01%
HUBG	A	0.04%	0.31%	0.04%
ICUI	D	0.01%	0.16%	0.01%
IDCC	A	0.01%	0.07%	0.01%
IOSP	B	0.02%	0.15%	0.02%
JBGS	D	0.01%	0.03%	0.01%
JBLU	F	0.02%	0.76%	0.02%
JXN	C	0.1%	0.4%	0.1%
KALU	C	0.01%	0.25%	0.01%
KN	B	0.01%	0.06%	0.01%
KSS	F	0.02%	1.1%	0.02%
KTB	B	0.06%	0.22%	0.06%
LEG	F	0.02%	0.3%	0.02%
LNC	B	0.03%	1.38%	0.03%
LUMN	C	0.06%	1.4%	0.06%
LXP	D	0.02%	0.02%	0.02%
LZB	B	0.03%	0.15%	0.03%
MAC	B	0.04%	0.07%	0.04%
MATX	C	0.03%	0.29%	0.03%
MC	C	0.03%	0.08%	0.03%
MCY	A	0.02%	0.45%	0.02%
MHO	D	0.04%	0.27%	0.04%
MLI	C	0.09%	0.31%	0.09%
MLKN	D	0.01%	0.23%	0.01%
MOG.A	B	0.05%	0.28%	0.05%
MTH	D	0.06%	0.39%	0.06%
NAVI	C	0.02%	0.33%	0.02%
NSIT	F	0.05%	0.48%	0.05%
NTCT	C	0.02%	0.06%	0.02%
NWL	B	0.02%	0.63%	0.02%
ODP	F	0.02%	0.44%	0.02%
OGN	D	0.04%	0.34%	0.04%
OI	C	0.03%	0.47%	0.03%
OMI	F	0.01%	0.59%	0.01%
OSIS	B	0.02%	0.11%	0.02%
OUT	A	0.01%	0.14%	0.01%
PDCO	D	0.02%	0.42%	0.02%
PECO	A	0.01%	0.04%	0.01%
PHIN	A	0.02%	0.28%	0.02%
PINC	B	0.03%	0.11%	0.03%
PLXS	B	0.03%	0.34%	0.03%
PMT	D	0.02%	0.1%	0.02%
PRG	C	0.03%	0.18%	0.03%
PSMT	C	0.01%	0.34%	0.01%
PTEN	C	0.01%	0.4%	0.01%
RDN	C	0.01%	0.09%	0.01%
REZI	A	0.02%	0.58%	0.02%
RHI	B	0.02%	0.51%	0.02%
RUSHA	C	0.04%	0.68%	0.04%
SAH	A	0.02%	1.15%	0.02%
SANM	B	0.04%	0.62%	0.04%
SATS	D	0.01%	1.5%	0.01%
SBH	C	0.02%	0.25%	0.02%
SCL	C	0.01%	0.16%	0.01%
SEE	C	0.06%	0.41%	0.06%
SEM	B	0.04%	0.52%	0.04%
SHO	C	0.01%	0.07%	0.01%
SHOO	D	0.03%	0.14%	0.03%
SIG	B	0.04%	0.52%	0.04%
SKYW	B	0.07%	0.32%	0.07%
SLG	B	0.08%	0.06%	0.06%
SLVM	B	0.04%	0.27%	0.04%
SM	B	0.03%	0.2%	0.03%
SNDR	B	0.02%	0.42%	0.02%
STC	B	0.02%	0.16%	0.02%
STRA	C	0.01%	0.09%	0.01%
SVC	F	0.01%	0.08%	0.01%
SXT	B	0.02%	0.11%	0.02%
TDS	B	0.05%	0.47%	0.05%
TGNA	B	0.05%	0.26%	0.05%
THS	D	0.02%	0.18%	0.02%
TPH	D	0.06%	0.27%	0.06%
TRN	C	0.04%	0.27%	0.04%
TTMI	B	0.02%	0.22%	0.02%
UNF	B	0.03%	0.17%	0.03%
URBN	C	0.05%	0.41%	0.05%
UVV	B	0.01%	0.2%	0.01%
VFC	C	0.02%	0.77%	0.02%
VIRT	B	0.06%	0.18%	0.06%
VSCO	B	0.02%	0.65%	0.02%
VSTO	A	0.02%	0.21%	0.02%
WAFD	B	0.01%	0.1%	0.01%
WERN	C	0.04%	0.24%	0.04%
WGO	C	0.01%	0.23%	0.01%
WKC	D	0.02%	3.1%	0.02%
WOLF	F	0.0%	0.05%	0.0%
WOR	F	0.01%	0.13%	0.01%
XHR	B	0.02%	0.08%	0.02%
XRX	F	0.01%	0.36%	0.01%
YELP	C	0.02%	0.1%	0.02%

MFUS Overweight 662 Positions Relative to RWJ

Symbol	Grade	Weight
BRK.A	B	2.42%
LLY	F	2.39%
META	D	2.35%
NVDA	C	1.9%
WMT	A	1.71%
AMZN	C	1.71%
AVGO	D	1.59%
ORCL	B	1.52%
ABBV	D	1.36%
COST	B	1.35%
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%
TGT	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%
HD	A	0.62%
MMM	D	0.6%
PGR	A	0.59%
PFE	D	0.57%
GE	D	0.56%
AMAT	F	0.55%
MCD	D	0.53%
NFLX	A	0.52%
UNP	C	0.51%
BAC	A	0.45%
XOM	B	0.43%
TMUS	B	0.43%
BKNG	A	0.42%
GS	A	0.41%
BMY	B	0.41%
GM	B	0.4%
CVX	A	0.39%
KR	B	0.38%
TJX	A	0.37%
NOW	A	0.36%
EBAY	D	0.36%
REGN	F	0.36%
CL	D	0.35%
LOW	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%
AZO	C	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%
UBER	D	0.21%
BBY	D	0.21%
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%
ORLY	B	0.2%
CAT	B	0.2%
CMG	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%
WSM	B	0.18%
EA	A	0.18%
DECK	A	0.17%
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%
F	C	0.16%
DVA	B	0.16%
CB	C	0.16%
MUSA	A	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%
DPZ	C	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%
YUM	B	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%
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%
TSCO	D	0.11%
APP	B	0.11%
LDOS	C	0.11%
ADP	B	0.11%
FOXA	B	0.11%
BDX	F	0.11%
PHM	D	0.1%
OKE	A	0.1%
COIN	C	0.1%
NTAP	C	0.1%
HLT	A	0.1%
AYI	B	0.1%
PKG	A	0.1%
WMB	A	0.1%
DD	D	0.1%
ITW	B	0.1%
JKHY	D	0.1%
RCL	A	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%
CPRT	A	0.09%
TAP	C	0.09%
EMR	A	0.09%
IEX	B	0.09%
DG	F	0.09%
ARES	A	0.09%
WCC	B	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%
NVR	D	0.09%
URI	B	0.09%
AVY	D	0.09%
PSA	D	0.09%
SBUX	A	0.09%
HRB	D	0.08%
BKR	B	0.08%
AEP	D	0.08%
LPX	B	0.08%
WDC	D	0.08%
DKS	C	0.08%
AOS	F	0.08%
ECL	D	0.08%
SRE	A	0.08%
NUE	C	0.08%
GPK	C	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%
ROL	B	0.07%
GLPI	C	0.07%
MSCI	C	0.07%
EXC	C	0.07%
SCI	B	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%
INGR	B	0.07%
POOL	C	0.07%
NSC	B	0.07%
D	C	0.07%
MLM	B	0.07%
GEHC	F	0.07%
CNX	A	0.07%
VNO	B	0.07%
THO	B	0.07%
NRG	B	0.07%
R	B	0.07%
FTNT	C	0.07%
BALL	D	0.07%
KDP	D	0.07%
STE	F	0.07%
OTIS	C	0.07%
TTWO	A	0.07%
MNST	C	0.07%
FIS	C	0.07%
STZ	D	0.06%
G	B	0.06%
BC	C	0.06%
TW	A	0.06%
GAP	C	0.06%
LECO	B	0.06%
JLL	D	0.06%
NKE	D	0.06%
HIG	B	0.06%
GNRC	B	0.06%
CPT	B	0.06%
BERY	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%
FIX	A	0.06%
IBKR	A	0.06%
MAS	D	0.06%
WU	D	0.06%
SQ	B	0.06%
L	A	0.06%
PK	B	0.06%
TXRH	C	0.06%
DHI	D	0.06%
TTC	D	0.06%
FFIV	B	0.06%
AMG	B	0.06%
AN	C	0.06%
RGA	A	0.06%
MSM	C	0.06%
OMC	C	0.06%
ROP	B	0.06%
TOL	B	0.06%
ALNY	D	0.06%
LEN	D	0.06%
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%
LOPE	B	0.05%
SUI	D	0.05%
A	D	0.05%
WST	C	0.05%
GNTX	C	0.05%
NDAQ	A	0.05%
MTN	C	0.05%
CBRE	B	0.05%
EXEL	B	0.05%
CARR	D	0.05%
CRI	D	0.05%
USFD	A	0.05%
SLGN	A	0.05%
EIX	B	0.05%
POST	C	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%
NXST	C	0.05%
ANSS	B	0.05%
ALLY	C	0.05%
WEN	D	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%
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%
AMH	D	0.04%
CRUS	D	0.04%
ESS	B	0.04%
INVH	D	0.04%
SMG	D	0.04%
JWN	C	0.04%
CTVA	C	0.04%
PSTG	D	0.04%
AGNC	D	0.04%
BDC	B	0.04%
CLH	B	0.04%
FLO	D	0.04%
ADBE	C	0.04%
WH	B	0.04%
ELS	C	0.04%
MTB	A	0.04%
ULTA	F	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%
CPNG	D	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%
NWSA	B	0.04%
CUBE	D	0.04%
SJM	D	0.04%
WTM	A	0.04%
PTC	A	0.04%
BHF	B	0.04%
IPG	D	0.04%
STLD	B	0.04%
CPB	D	0.04%
HEI	B	0.04%
FTI	A	0.04%
VLTO	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%
UNM	A	0.04%
RS	B	0.04%
PPG	F	0.04%
NDSN	B	0.04%
ERIE	D	0.04%
DCI	B	0.04%
DOV	A	0.04%
MAR	B	0.04%
COKE	C	0.03%
RRC	B	0.03%
HXL	D	0.03%
SBAC	D	0.03%
DLTR	F	0.03%
GMED	A	0.03%
PNM	F	0.03%
KMPR	B	0.03%
KEY	B	0.03%
WPC	D	0.03%
HAE	C	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%
DRI	B	0.03%
FHI	A	0.03%
MRO	B	0.03%
AVTR	F	0.03%
OMF	A	0.03%
RPRX	D	0.03%
BURL	A	0.03%
X	C	0.03%
NTRS	A	0.03%
TER	D	0.03%
DELL	C	0.03%
UDR	B	0.03%
CDW	F	0.03%
WHR	B	0.03%
CG	A	0.03%
IFF	D	0.03%
JBL	B	0.03%
AVB	B	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%
RL	B	0.03%
FE	C	0.03%
CDP	C	0.03%
RLI	B	0.03%
BLD	D	0.03%
DDS	B	0.03%
GGG	B	0.03%
KBH	D	0.03%
DOX	D	0.03%
HBAN	A	0.03%
IVZ	B	0.03%
HUBB	B	0.03%
CPAY	A	0.03%
MASI	A	0.03%
ES	D	0.03%
TPX	B	0.03%
NYT	C	0.03%
BJ	A	0.03%
ACM	A	0.03%
MORN	B	0.03%
MANH	D	0.03%
KEX	C	0.02%
VSH	D	0.02%
SSNC	B	0.02%
EVRG	A	0.02%
LAUR	A	0.02%
UAL	A	0.02%
KIM	A	0.02%
AA	B	0.02%
SF	B	0.02%
BRKR	D	0.02%
GT	C	0.02%
GME	C	0.02%
WBS	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%
BXP	D	0.02%
ZION	B	0.02%
APG	B	0.02%
DOW	F	0.02%
SNV	B	0.02%
NSP	D	0.02%
ODFL	B	0.02%
HST	C	0.02%
DTE	C	0.02%
LAD	A	0.02%
XRAY	F	0.02%
HRL	D	0.02%
WMS	D	0.02%
LNW	D	0.02%
PNR	A	0.02%
M	D	0.02%
MAA	B	0.02%
LNT	A	0.02%
AGCO	D	0.02%
KBR	F	0.02%
PFSI	D	0.02%
VVV	F	0.02%
SKX	D	0.02%
CC	C	0.02%
DLB	B	0.02%
OHI	C	0.02%
MDU	D	0.02%
OC	A	0.02%
RLJ	C	0.02%
GWRE	A	0.02%
SAM	C	0.02%
CTLT	B	0.02%
PSN	D	0.02%
NI	A	0.02%
PBF	D	0.02%
MKTX	D	0.02%
CINF	A	0.02%
EWBC	A	0.02%
HOG	D	0.02%
CE	F	0.02%
FAF	A	0.02%
PAG	B	0.02%
HII	D	0.02%
BFAM	D	0.02%
PVH	C	0.02%
CCL	B	0.02%
RYN	D	0.02%
AKAM	D	0.02%
JBHT	C	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%
QRVO	F	0.01%
CPRI	F	0.01%
NOV	C	0.01%
KNX	B	0.01%
RKT	F	0.01%
UHAL	D	0.01%
JELD	F	0.01%
DINO	D	0.01%
IGT	F	0.01%
CACC	D	0.01%
PARA	C	0.01%
RVTY	F	0.01%
ELAN	D	0.01%
SPR	D	0.01%
CLF	F	0.01%
ACI	C	0.01%
UGI	A	0.01%
SEB	F	0.01%
MKSI	C	0.01%
IMKTA	C	0.01%
SR	A	0.01%
ARMK	B	0.01%
PNW	B	0.01%
AMED	F	0.01%
SSB	B	0.01%
SWX	B	0.01%
ESI	A	0.01%
MOS	F	0.01%
PB	A	0.01%
CNM	D	0.01%
SAIC	F	0.01%
PFG	D	0.01%
SIGI	C	0.01%
LEA	D	0.01%
CROX	D	0.01%
SPB	C	0.01%
PPC	C	0.01%
NNN	D	0.01%
AES	F	0.01%
CFR	B	0.01%
WMK	C	0.01%
MHK	D	0.01%
FLR	B	0.01%
BBWI	D	0.01%
ESNT	D	0.01%
TPR	B	0.01%
LADR	B	0.01%
INCY	C	0.01%
NNI	D	0.01%
ESAB	B	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%
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%
ALGN	D	0.01%
ADC	B	0.01%
H	B	0.01%
RBC	A	0.01%
UHAL	D	0.01%
BWA	D	0.01%
SLB	C	0.01%
GOLF	B	0.01%
FR	C	0.01%
DTM	B	0.01%
SCS	C	0.01%
VNT	B	0.01%
TDC	D	0.01%
SCCO	F	0.0%
NOMD	D	0.0%
HUN	F	0.0%

MFUS Underweight 427 Positions Relative to RWJ

Symbol	Grade	Weight
UNFI	A	-2.85%
ALK	C	-0.92%
HTZ	C	-0.83%
CWK	B	-0.7%
PARR	D	-0.57%
SPTN	D	-0.56%
EAT	A	-0.52%
AXL	C	-0.49%
PENN	C	-0.47%
MYRG	B	-0.38%
GO	C	-0.34%
NATL	B	-0.33%
ARCB	C	-0.33%
CAKE	C	-0.32%
ALGT	B	-0.32%
WS	B	-0.32%
UPBD	B	-0.31%
EXPI	C	-0.3%
LBRT	D	-0.29%
RXO	C	-0.29%
GTES	A	-0.29%
VYX	B	-0.28%
AMR	C	-0.27%
CBRL	C	-0.27%
PBI	B	-0.26%
LCII	C	-0.26%
BLMN	F	-0.26%
CHEF	A	-0.26%
PATK	D	-0.25%
MODG	F	-0.25%
NBR	C	-0.25%
IAC	D	-0.25%
SABR	C	-0.24%
HI	C	-0.24%
SCSC	B	-0.24%
SXC	A	-0.23%
CENX	B	-0.23%
KELYA	F	-0.23%
FUL	F	-0.23%
CCS	D	-0.23%
ENR	B	-0.23%
KFY	B	-0.22%
OII	B	-0.22%
CNK	B	-0.22%
AHCO	F	-0.22%
GFF	A	-0.22%
SPNT	A	-0.21%
CEIX	A	-0.21%
ENVA	B	-0.21%
PLAY	D	-0.2%
FTRE	D	-0.2%
CAL	D	-0.2%
MD	B	-0.2%
VSAT	F	-0.2%
AL	B	-0.2%
IBP	D	-0.19%
ITRI	B	-0.19%
CRC	B	-0.19%
ETSY	D	-0.19%
WWW	B	-0.19%
VSTS	C	-0.19%
DLX	B	-0.18%
KLG	C	-0.18%
KMT	B	-0.17%
MTX	B	-0.17%
LRN	A	-0.17%
GPRE	F	-0.17%
HZO	D	-0.16%
NOG	A	-0.16%
WNC	C	-0.16%
AX	A	-0.16%
DXPE	B	-0.16%
BGC	C	-0.16%
VTLE	C	-0.15%
FTDR	A	-0.15%
HELE	C	-0.15%
PZZA	D	-0.15%
KOP	C	-0.15%
SNEX	B	-0.15%
JBT	B	-0.15%
FWRD	D	-0.14%
PRVA	B	-0.14%
CVCO	A	-0.14%
KWR	C	-0.14%
KAR	B	-0.14%
CABO	C	-0.14%
LGIH	D	-0.14%
EYE	C	-0.14%
RDNT	B	-0.14%
IART	C	-0.14%
ITGR	B	-0.13%
MATW	C	-0.13%
NGVT	B	-0.13%
ALG	B	-0.13%
HCSG	C	-0.13%
ZWS	B	-0.13%
PIPR	B	-0.13%
BXMT	C	-0.13%
MTRN	C	-0.13%
TALO	C	-0.13%
HMN	B	-0.13%
SONO	C	-0.13%
CRK	B	-0.13%
UCTT	D	-0.13%
PLUS	F	-0.13%
FSS	B	-0.13%
FULT	A	-0.13%
TRIP	F	-0.13%
B	B	-0.13%
AZZ	B	-0.12%
GRBK	D	-0.12%
CATY	B	-0.12%
SFNC	B	-0.12%
VVI	C	-0.12%
CUBI	C	-0.12%
AEIS	B	-0.12%
TILE	B	-0.12%
TGI	B	-0.12%
AMN	F	-0.12%
ABCB	B	-0.12%
ACIW	B	-0.12%
POWL	C	-0.12%
CRSR	C	-0.11%
HLX	B	-0.11%
WSFS	A	-0.11%
TWI	F	-0.11%
ASTE	B	-0.11%
GDOT	D	-0.11%
NVRI	F	-0.11%
CENT	C	-0.11%
BJRI	B	-0.11%
ALKS	B	-0.11%
UCB	A	-0.11%
ZD	C	-0.11%
JACK	D	-0.11%
PUMP	B	-0.11%
JJSF	B	-0.11%
ABR	C	-0.11%
ASIX	A	-0.11%
PJT	A	-0.11%
BGS	F	-0.1%
HAIN	C	-0.1%
OTTR	C	-0.1%
FHB	A	-0.1%
PEB	D	-0.1%
SMP	B	-0.1%
OXM	D	-0.1%
MNRO	D	-0.1%
UFCS	B	-0.1%
ROCK	C	-0.1%
SHAK	C	-0.1%
MGY	A	-0.1%
BOOT	D	-0.1%
SNCY	C	-0.1%
VTOL	B	-0.1%
IPAR	B	-0.1%
RES	D	-0.1%
PRA	C	-0.1%
BOH	B	-0.09%
ASTH	D	-0.09%
PBH	A	-0.09%
EXTR	B	-0.09%
PAYO	A	-0.09%
FBP	B	-0.09%
CNMD	C	-0.09%
LESL	C	-0.09%
MATV	D	-0.09%
ENV	B	-0.09%
SCHL	D	-0.09%
MTUS	C	-0.09%
WHD	B	-0.09%
FIZZ	C	-0.09%
TRUP	B	-0.09%
THRM	D	-0.09%
AUB	B	-0.09%
HSII	B	-0.09%
FFBC	A	-0.09%
SMPL	B	-0.09%
BANC	A	-0.09%
MMSI	B	-0.09%
NPO	A	-0.08%
RUN	F	-0.08%
CARG	C	-0.08%
CNSL	C	-0.08%
BOX	B	-0.08%
IBTX	B	-0.08%
MSGS	A	-0.08%
SCVL	F	-0.08%
RNST	B	-0.08%
SFBS	B	-0.08%
INDB	B	-0.08%
TRMK	B	-0.08%
FOXF	F	-0.08%
HAYW	B	-0.08%
CCOI	B	-0.08%
HTLD	B	-0.08%
MCW	B	-0.08%
NWN	A	-0.08%
PAHC	C	-0.08%
UNIT	B	-0.08%
HOPE	B	-0.08%
OMCL	C	-0.08%
TNC	D	-0.08%
ESE	B	-0.08%
AIN	C	-0.08%
NHC	C	-0.08%
NX	C	-0.08%
VIAV	B	-0.08%
DIOD	D	-0.08%
EZPW	A	-0.08%
AGO	B	-0.07%
CASH	A	-0.07%
PFS	B	-0.07%
VBTX	B	-0.07%
MRCY	B	-0.07%
SMTC	B	-0.07%
JBSS	D	-0.07%
BCPC	B	-0.07%
EIG	B	-0.07%
CRVL	A	-0.07%
HWKN	B	-0.07%
BANF	B	-0.07%
ALRM	C	-0.07%
CSWI	A	-0.07%
VRTS	B	-0.07%
BANR	B	-0.07%
CBU	B	-0.07%
SAFT	C	-0.07%
WD	D	-0.07%
ADUS	D	-0.07%
RC	D	-0.07%
MRTN	C	-0.07%
PRAA	C	-0.07%
EMBC	C	-0.07%
PPBI	B	-0.06%
BRKL	B	-0.06%
HIW	D	-0.06%
CALX	D	-0.06%
SSTK	F	-0.06%
EVTC	B	-0.06%
BMI	B	-0.06%
PRGS	A	-0.06%
PRDO	B	-0.06%
CORT	B	-0.06%
SWI	B	-0.06%
NBTB	B	-0.06%
KLIC	B	-0.06%
AVAV	D	-0.06%
SXI	B	-0.06%
GDEN	B	-0.06%
ROG	D	-0.06%
OFG	B	-0.06%
ACLS	F	-0.06%
PCRX	C	-0.06%
SBCF	A	-0.06%
ICHR	C	-0.06%
CVBF	A	-0.06%
DCOM	A	-0.06%
STEP	B	-0.06%
PLAB	C	-0.06%
CWT	D	-0.06%
FBK	B	-0.06%
SEDG	F	-0.06%
NVEE	F	-0.06%
USNA	C	-0.06%
EGBN	B	-0.06%
TDW	F	-0.06%
PGNY	F	-0.05%
THRY	F	-0.05%
AMPH	D	-0.05%
PRLB	A	-0.05%
AHH	D	-0.05%
USPH	B	-0.05%
PRK	B	-0.05%
QNST	B	-0.05%
DOCN	D	-0.05%
NBHC	B	-0.05%
EPAC	B	-0.05%
BHLB	B	-0.05%
MYE	F	-0.05%
DV	C	-0.05%
DFIN	D	-0.05%
TR	B	-0.05%
VRRM	D	-0.05%
RWT	D	-0.05%
TBBK	B	-0.05%
INN	D	-0.05%
RAMP	C	-0.05%
HPP	F	-0.05%
CPK	A	-0.05%
MARA	C	-0.05%
CARS	B	-0.05%
FCF	A	-0.05%
SUPN	C	-0.05%
REX	D	-0.05%
BL	B	-0.05%
CXM	C	-0.05%
MGEE	C	-0.05%
HCI	C	-0.05%
NWBI	B	-0.05%
HLIT	D	-0.04%
TGTX	B	-0.04%
COHU	C	-0.04%
DGII	B	-0.04%
KW	B	-0.04%
FBRT	C	-0.04%
IIIN	C	-0.04%
TNDM	F	-0.04%
ANIP	F	-0.04%
AVNS	F	-0.04%
SKT	B	-0.04%
HAFC	A	-0.04%
BSIG	A	-0.04%
MCRI	A	-0.04%
SPSC	C	-0.04%
STBA	B	-0.04%
HRMY	D	-0.04%
VICR	B	-0.04%
NMIH	D	-0.04%
WRLD	C	-0.04%
AWR	B	-0.04%
NARI	C	-0.04%
CLB	B	-0.04%
PFBC	B	-0.04%
YOU	D	-0.04%
KREF	D	-0.04%
CTS	C	-0.04%
VECO	F	-0.04%
TFIN	A	-0.04%
GNL	F	-0.04%
ETD	C	-0.04%
FBNC	A	-0.04%
HAYN	C	-0.04%
INSP	D	-0.04%
NEO	C	-0.04%
MMI	B	-0.04%
FORM	D	-0.04%
LNN	B	-0.04%
SJW	D	-0.04%
WDFC	B	-0.04%
ROIC	A	-0.03%
AMBC	C	-0.03%
HFWA	B	-0.03%
EFC	C	-0.03%
WABC	B	-0.03%
AMSF	B	-0.03%
GSHD	A	-0.03%
IRWD	F	-0.03%
LQDT	B	-0.03%
PTGX	C	-0.03%
AKR	B	-0.03%
GKOS	B	-0.03%
CPF	A	-0.03%
ADMA	B	-0.03%
NABL	F	-0.03%
CHCO	B	-0.03%
EPRT	B	-0.03%
UFPT	B	-0.03%
AORT	B	-0.03%
XPEL	C	-0.03%
GOGO	C	-0.03%
TMP	B	-0.03%
LPG	F	-0.03%
AAT	B	-0.03%
WT	B	-0.03%
CFFN	B	-0.03%
MYGN	F	-0.03%
SBSI	B	-0.03%
COLL	F	-0.03%
MXL	C	-0.03%
UE	C	-0.03%
MGPI	F	-0.03%
PLMR	B	-0.03%
LKFN	B	-0.03%
AOSL	C	-0.03%
UTL	B	-0.03%
CPRX	C	-0.03%
ARLO	C	-0.03%
RGR	F	-0.03%
BDN	C	-0.03%
MPW	F	-0.03%
ELME	D	-0.02%
RCUS	F	-0.02%
LMAT	A	-0.02%
FLGT	F	-0.02%
MP	B	-0.02%
SHEN	F	-0.02%
FCPT	C	-0.02%
CTRE	D	-0.02%
IIPR	D	-0.02%
BFS	C	-0.02%
VCEL	B	-0.02%
CSR	B	-0.02%
NXRT	B	-0.02%
CTKB	C	-0.02%
DEA	D	-0.02%
TRST	A	-0.02%
VRE	B	-0.02%
STAA	F	-0.02%
TTGT	C	-0.02%
HASI	D	-0.02%
AGYS	A	-0.02%
DVAX	C	-0.02%
ATEN	B	-0.02%
PI	D	-0.02%
HSTM	B	-0.02%
JOE	F	-0.02%
NPK	B	-0.02%
INVA	D	-0.02%
CERT	F	-0.02%
RGNX	F	-0.01%
VIR	D	-0.01%
UHT	D	-0.01%
CEVA	B	-0.01%
BLFS	C	-0.01%
XNCR	B	-0.01%
KRYS	B	-0.01%
LGND	B	-0.01%
WSR	A	-0.01%
MSEX	B	-0.01%
PDFS	C	-0.01%
GTY	B	-0.01%
MLAB	D	-0.01%
LTC	B	-0.01%
SITM	B	-0.01%
SDGR	C	-0.01%
SLP	D	-0.0%