MFUS vs. SCHI ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to Schwab 5-10 Year Corporate Bond ETF (SCHI)

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

SCHI

Schwab 5-10 Year Corporate Bond ETF

SCHI Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 5-10 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to five years and less than ten years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$46.26

Average Daily Volume

533,463

Number of Holdings ^*

471

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	SCHI
30 Days	2.56%	1.56%
60 Days	4.48%	4.20%
90 Days	6.34%	5.81%
12 Months	31.81%	14.88%

334 Overlapping Holdings

	Symbol	Grade	Weight in MFUS	Weight in SCHI	Overlap
	A	C	0.05%	0.01%	0.01%
	AAP	F	0.01%	0.01%	0.01%
	AAPL	C	0.97%	0.06%	0.06%
	ABBV	B	1.56%	0.09%	0.09%
	ADBE	F	0.04%	0.05%	0.04%
	ADC	C	0.01%	0.03%	0.01%
	ADM	D	0.25%	0.05%	0.05%
	ADP	C	0.1%	0.05%	0.05%
	ADSK	B	0.08%	0.02%	0.02%
	AEP	C	0.09%	0.01%	0.01%
	AES	C	0.02%	0.03%	0.02%
	AFL	A	0.22%	0.02%	0.02%
	AIG	D	0.34%	0.02%	0.02%
	AIZ	B	0.08%	0.02%	0.02%
	ALL	C	0.26%	0.02%	0.02%
	AMAT	D	0.59%	0.11%	0.11%
	AMG	C	0.06%	0.02%	0.02%
	AMGN	D	1.01%	0.06%	0.06%
	AMH	D	0.04%	0.01%	0.01%
	AMT	C	0.16%	0.02%	0.02%
	AMZN	C	1.6%	0.06%	0.06%
	AN	C	0.07%	0.02%	0.02%
	AON	B	0.23%	0.03%	0.03%
	APH	C	0.11%	0.03%	0.03%
	ARW	B	0.05%	0.02%	0.02%
	ATO	B	0.02%	0.02%	0.02%
	AVB	C	0.03%	0.01%	0.01%
	AVGO	C	1.68%	0.03%	0.03%
	AVT	B	0.04%	0.03%	0.03%
	AVY	C	0.1%	0.02%	0.02%
	AXP	B	0.21%	0.11%	0.11%
	AYI	B	0.08%	0.02%	0.02%
	AZO	B	0.29%	0.01%	0.01%
	BAC	D	0.39%	0.03%	0.03%
	BAX	C	0.05%	0.03%	0.03%
	BBY	A	0.23%	0.02%	0.02%
	BC	C	0.06%	0.04%	0.04%
	BDX	D	0.12%	0.03%	0.03%
	BEN	F	0.02%	0.03%	0.02%
	BHF	F	0.04%	0.04%	0.04%
	BIIB	F	0.08%	0.07%	0.07%
	BK	B	0.17%	0.02%	0.02%
	BKNG	B	0.36%	0.02%	0.02%
	BKU	D	0.03%	0.03%	0.03%
	BLK	B	0.17%	0.03%	0.03%
	BMY	C	0.36%	0.04%	0.04%
	BR	C	0.16%	0.03%	0.03%
	BRO	C	0.11%	0.03%	0.03%
	BSX	B	0.2%	0.03%	0.03%
	BWA	C	0.01%	0.07%	0.01%
	BXP	C	0.02%	0.03%	0.02%
	C	C	0.63%	0.03%	0.03%
	CAG	B	0.05%	0.04%	0.04%
	CAH	C	0.24%	0.08%	0.08%
	CARR	B	0.05%	0.02%	0.02%
	CAT	B	0.2%	0.03%	0.03%
	CB	B	0.17%	0.06%	0.06%
	CBT	B	0.05%	0.02%	0.02%
	CCI	C	0.08%	0.02%	0.02%
	CFG	D	0.03%	0.02%	0.02%
	CHD	C	0.07%	0.01%	0.01%
	CHRW	B	0.14%	0.05%	0.05%
	CHTR	D	0.25%	0.06%	0.06%
	CI	C	0.15%	0.03%	0.03%
	CLX	C	0.12%	0.02%	0.02%
	CMA	C	0.04%	0.03%	0.03%
	CMCSA	C	0.16%	0.04%	0.04%
	CME	B	0.14%	0.03%	0.03%
	CMI	B	0.13%	0.05%	0.05%
	CMS	B	0.03%	0.01%	0.01%
	CNO	C	0.04%	0.06%	0.04%
	COF	B	0.24%	0.05%	0.05%
	COP	F	0.07%	0.02%	0.02%
	COST	C	1.36%	0.02%	0.02%
	CPB	C	0.05%	0.02%	0.02%
	CPT	C	0.06%	0.04%	0.04%
	CSL	B	0.02%	0.02%	0.02%
	CSX	C	0.11%	0.03%	0.03%
	CTAS	C	0.19%	0.05%	0.05%
	CTVA	B	0.04%	0.03%	0.03%
	CUBE	C	0.05%	0.04%	0.04%
	CVS	D	0.71%	0.03%	0.03%
	CVX	F	0.36%	0.03%	0.03%
	D	C	0.07%	0.01%	0.01%
	DD	B	0.11%	0.13%	0.11%
	DELL	C	0.03%	0.02%	0.02%
	DFS	C	0.08%	0.02%	0.02%
	DG	F	0.1%	0.02%	0.02%
	DGX	B	0.09%	0.05%	0.05%
	DHI	C	0.07%	0.03%	0.03%
	DHR	B	0.28%	0.05%	0.05%
	DLR	B	0.08%	0.03%	0.03%
	DLTR	F	0.03%	0.07%	0.03%
	DOV	B	0.02%	0.02%	0.02%
	DOW	C	0.02%	0.02%	0.02%
	DOX	C	0.03%	0.04%	0.03%
	DRI	C	0.03%	0.03%	0.03%
	DTE	A	0.02%	0.02%	0.02%
	DUK	B	0.14%	0.01%	0.01%
	EA	D	0.16%	0.03%	0.03%
	EBAY	B	0.38%	0.03%	0.03%
	ECL	B	0.08%	0.01%	0.01%
	ED	B	0.06%	0.01%	0.01%
	EFX	C	0.13%	0.05%	0.05%
	EIX	B	0.05%	0.02%	0.02%
	EMN	B	0.04%	0.05%	0.04%
	EMR	D	0.07%	0.04%	0.04%
	EQH	C	0.08%	0.1%	0.08%
	EQR	C	0.04%	0.02%	0.02%
	ES	B	0.04%	0.01%	0.01%
	ESS	C	0.02%	0.02%	0.02%
	ETR	A	0.04%	0.01%	0.01%
	EVRG	B	0.02%	0.02%	0.02%
	EXC	B	0.07%	0.01%	0.01%
	EXP	B	0.06%	0.04%	0.04%
	EXR	C	0.13%	0.02%	0.02%
	FAF	B	0.02%	0.02%	0.02%
	FANG	F	0.05%	0.03%	0.03%
	FHN	D	0.01%	0.04%	0.01%
	FIS	C	0.07%	0.03%	0.03%
	FITB	B	0.04%	0.05%	0.04%
	FLEX	B	0.04%	0.04%	0.04%
	FLO	C	0.04%	0.04%	0.04%
	FNF	B	0.03%	0.03%	0.03%
	FOXA	B	0.1%	0.03%	0.03%
	GD	C	0.24%	0.03%	0.03%
	GE	C	0.61%	0.06%	0.06%
	GILD	B	0.79%	0.04%	0.04%
	GIS	B	0.2%	0.03%	0.03%
	GLPI	C	0.07%	0.02%	0.02%
	GM	C	0.32%	0.01%	0.01%
	GS	B	0.35%	0.05%	0.05%
	H	B	0.01%	0.02%	0.01%
	HBAN	B	0.03%	0.03%	0.03%
	HCA	B	0.3%	0.06%	0.06%
	HD	B	0.6%	0.03%	0.03%
	HIG	B	0.06%	0.03%	0.03%
	HII	F	0.03%	0.02%	0.02%
	HP	F	0.02%	0.03%	0.02%
	HPQ	C	0.29%	0.02%	0.02%
	HRB	C	0.08%	0.01%	0.01%
	HRL	F	0.02%	0.03%	0.02%
	HST	D	0.02%	0.03%	0.02%
	HSY	D	0.06%	0.02%	0.02%
	HUBB	B	0.03%	0.02%	0.02%
	HUN	C	0.01%	0.02%	0.01%
	IBM	B	1.14%	0.02%	0.02%
	ICE	C	0.3%	0.03%	0.03%
	IEX	C	0.08%	0.04%	0.04%
	IFF	A	0.04%	0.03%	0.03%
	INGR	B	0.06%	0.04%	0.04%
	INTC	D	0.19%	0.06%	0.06%
	INVH	D	0.04%	0.03%	0.03%
	IPG	C	0.04%	0.03%	0.03%
	ITW	B	0.1%	0.04%	0.04%
	JBL	C	0.03%	0.02%	0.02%
	JCI	B	0.06%	0.04%	0.04%
	JEF	C	0.02%	0.02%	0.02%
	JNJ	C	1.28%	0.04%	0.04%
	JNPR	A	0.13%	0.03%	0.03%
	JPM	D	0.88%	0.04%	0.04%
	K	A	0.15%	0.03%	0.03%
	KDP	B	0.08%	0.02%	0.02%
	KEX	C	0.02%	0.03%	0.02%
	KEY	C	0.02%	0.08%	0.02%
	KIM	C	0.02%	0.01%	0.01%
	KLAC	D	0.28%	0.06%	0.06%
	KMB	C	0.18%	0.01%	0.01%
	KMI	C	0.09%	0.02%	0.02%
	KMPR	D	0.02%	0.01%	0.01%
	KO	B	1.16%	0.01%	0.01%
	KR	B	0.37%	0.03%	0.03%
	KSS	D	0.03%	0.03%	0.03%
	L	D	0.06%	0.02%	0.02%
	LDOS	A	0.11%	0.09%	0.09%
	LEA	D	0.01%	0.01%	0.01%
	LEG	D	0.02%	0.02%	0.02%
	LEN	B	0.07%	0.05%	0.05%
	LHX	C	0.23%	0.03%	0.03%
	LII	C	0.22%	0.01%	0.01%
	LLY	D	2.87%	0.01%	0.01%
	LMT	A	0.82%	0.01%	0.01%
	LNC	C	0.03%	0.03%	0.03%
	LNT	A	0.02%	0.02%	0.02%
	LOW	B	0.34%	0.04%	0.04%
	LRCX	D	0.19%	0.05%	0.05%
	LXP	C	0.02%	0.02%	0.02%
	LYB	D	0.18%	0.02%	0.02%
	MA	B	0.27%	0.02%	0.02%
	MAA	C	0.02%	0.03%	0.02%
	MAR	B	0.04%	0.01%	0.01%
	MAS	B	0.06%	0.05%	0.05%
	MCD	B	0.55%	0.03%	0.03%
	MCK	F	0.5%	0.01%	0.01%
	MCO	C	0.12%	0.02%	0.02%
	MCY	C	0.02%	0.03%	0.02%
	MDLZ	C	0.26%	0.03%	0.03%
	MET	B	0.32%	0.05%	0.05%
	MHK	B	0.01%	0.01%	0.01%
	MKC	C	0.06%	0.02%	0.02%
	MLM	D	0.07%	0.02%	0.02%
	MMC	C	0.19%	0.05%	0.05%
	MMM	B	0.63%	0.02%	0.02%
	MO	C	0.66%	0.04%	0.04%
	MOS	F	0.01%	0.05%	0.01%
	MPC	F	0.36%	0.02%	0.02%
	MRK	F	1.0%	0.03%	0.03%
	MRO	D	0.03%	0.07%	0.03%
	MS	B	0.18%	0.11%	0.11%
	MSI	B	0.18%	0.01%	0.01%
	MU	D	0.15%	0.04%	0.04%
	NDAQ	C	0.05%	0.03%	0.03%
	NEE	B	0.25%	0.02%	0.02%
	NEM	C	0.22%	0.04%	0.04%
	NEU	D	0.03%	0.02%	0.02%
	NFG	B	0.05%	0.01%	0.01%
	NI	B	0.02%	0.04%	0.02%
	NKE	D	0.07%	0.03%	0.03%
	NNN	B	0.01%	0.02%	0.01%
	NOC	B	0.38%	0.06%	0.06%
	NOV	F	0.01%	0.03%	0.01%
	NOW	C	0.31%	0.08%	0.08%
	NSC	C	0.07%	0.03%	0.03%
	NTAP	D	0.1%	0.02%	0.02%
	NTRS	C	0.03%	0.03%	0.03%
	NUE	D	0.08%	0.03%	0.03%
	NVDA	C	1.64%	0.07%	0.07%
	NVR	B	0.1%	0.05%	0.05%
	O	B	0.06%	0.05%	0.05%
	OC	C	0.02%	0.05%	0.02%
	OHI	C	0.02%	0.03%	0.02%
	OKE	C	0.09%	0.02%	0.02%
	OMC	B	0.06%	0.03%	0.03%
	ORCL	B	1.38%	0.03%	0.03%
	ORLY	B	0.19%	0.02%	0.02%
	OSK	F	0.03%	0.02%	0.02%
	OTIS	B	0.08%	0.04%	0.04%
	PEG	B	0.06%	0.02%	0.02%
	PEP	D	0.77%	0.03%	0.03%
	PFE	D	0.64%	0.04%	0.04%
	PFG	B	0.01%	0.01%	0.01%
	PG	C	1.04%	0.03%	0.03%
	PGR	C	0.6%	0.03%	0.03%
	PH	B	0.13%	0.02%	0.02%
	PHM	B	0.11%	0.03%	0.03%
	PKG	B	0.07%	0.06%	0.06%
	PM	C	0.83%	0.02%	0.02%
	PNC	C	0.11%	0.03%	0.03%
	PNR	B	0.02%	0.04%	0.02%
	PNW	C	0.01%	0.02%	0.01%
	PPG	C	0.05%	0.02%	0.02%
	PPL	A	0.04%	0.03%	0.03%
	PRU	C	0.23%	0.02%	0.02%
	PSA	C	0.1%	0.03%	0.03%
	PSX	F	0.23%	0.04%	0.04%
	PWR	B	0.11%	0.05%	0.05%
	PYPL	B	0.11%	0.03%	0.03%
	QCOM	D	0.8%	0.04%	0.04%
	QRVO	F	0.01%	0.07%	0.01%
	R	C	0.07%	0.02%	0.02%
	REGN	D	0.49%	0.06%	0.06%
	RGA	C	0.06%	0.02%	0.02%
	RL	B	0.03%	0.04%	0.03%
	ROP	C	0.06%	0.01%	0.01%
	RPM	B	0.12%	0.02%	0.02%
	RPRX	C	0.03%	0.04%	0.03%
	RS	D	0.04%	0.03%	0.03%
	RSG	D	0.13%	0.0%	0.0%
	RTX	B	0.23%	0.01%	0.01%
	RYN	C	0.03%	0.04%	0.03%
	SBUX	C	0.09%	0.01%	0.01%
	SCHW	D	0.04%	0.01%	0.01%
	SCS	D	0.01%	0.03%	0.01%
	SF	B	0.01%	0.02%	0.01%
	SHW	B	0.22%	0.03%	0.03%
	SJM	C	0.04%	0.02%	0.02%
	SLB	F	0.01%	0.06%	0.01%
	SO	B	0.13%	0.01%	0.01%
	SON	D	0.04%	0.02%	0.02%
	SPG	B	0.16%	0.03%	0.03%
	SPGI	C	0.27%	0.02%	0.02%
	SRE	B	0.08%	0.02%	0.02%
	STE	B	0.08%	0.05%	0.05%
	STLD	C	0.04%	0.01%	0.01%
	STZ	C	0.06%	0.02%	0.02%
	SUI	C	0.05%	0.02%	0.02%
	SWX	C	0.01%	0.04%	0.01%
	SYF	C	0.24%	0.04%	0.04%
	SYY	C	0.13%	0.03%	0.03%
	T	B	0.74%	0.07%	0.07%
	TFC	D	0.08%	0.01%	0.01%
	TGT	C	0.77%	0.05%	0.05%
	THG	C	0.04%	0.01%	0.01%
	TJX	C	0.38%	0.03%	0.03%
	TKR	C	0.04%	0.02%	0.02%
	TMO	B	0.33%	0.02%	0.02%
	TMUS	B	0.38%	0.1%	0.1%
	TPR	A	0.01%	0.04%	0.01%
	TSCO	B	0.12%	0.04%	0.04%
	TSN	D	0.16%	0.13%	0.13%
	TXN	B	0.3%	0.05%	0.05%
	UAL	B	0.01%	0.02%	0.01%
	UDR	C	0.03%	0.02%	0.02%
	UHS	C	0.07%	0.04%	0.04%
	UNH	C	0.79%	0.03%	0.03%
	UNM	B	0.04%	0.02%	0.02%
	UNP	D	0.54%	0.02%	0.02%
	UPS	D	0.25%	0.02%	0.02%
	URI	B	0.09%	0.05%	0.05%
	USB	C	0.1%	0.04%	0.04%
	V	C	0.28%	0.01%	0.01%
	VFC	B	0.02%	0.02%	0.02%
	VLO	F	0.16%	0.04%	0.04%
	VNO	B	0.07%	0.02%	0.02%
	VNT	F	0.01%	0.03%	0.01%
	VRSK	D	0.17%	0.05%	0.05%
	VRSN	C	0.04%	0.05%	0.04%
	VTR	C	0.04%	0.01%	0.01%
	VZ	A	1.11%	0.01%	0.01%
	WAB	B	0.05%	0.04%	0.04%
	WBA	F	0.11%	0.02%	0.02%
	WBS	C	0.01%	0.02%	0.01%
	WELL	C	0.11%	0.03%	0.03%
	WFC	D	0.73%	0.01%	0.01%
	WHR	C	0.03%	0.02%	0.02%
	WM	D	0.26%	0.03%	0.03%
	WMB	C	0.08%	0.02%	0.02%
	WMT	B	1.68%	0.03%	0.03%
	WPC	C	0.03%	0.03%	0.03%
	WU	C	0.07%	0.01%	0.01%
	XOM	D	0.42%	0.05%	0.05%
	XRAY	D	0.03%	0.06%	0.03%
	XYL	C	0.12%	0.02%	0.02%
	ZTS	B	0.06%	0.03%	0.03%

MFUS Overweight 475 Positions Relative to SCHI

	Symbol	Grade	Weight
	META	B	2.37%
	BRK.A	C	2.37%
	CSCO	B	0.61%
	NFLX	B	0.46%
	CL	C	0.41%
	THC	C	0.29%
	ANF	D	0.24%
	UBER	C	0.23%
	ISRG	C	0.23%
	ACN	C	0.23%
	PANW	D	0.22%
	VRTX	D	0.22%
	VST	B	0.21%
	FICO	B	0.21%
	WSM	C	0.21%
	WSO	C	0.2%
	SFM	B	0.2%
	TRV	C	0.2%
	ELV	D	0.2%
	CMG	D	0.2%
	GWW	B	0.19%
	GLW	B	0.19%
	UTHR	B	0.18%
	TDG	B	0.17%
	RMD	C	0.17%
	DVA	B	0.17%
	KHC	C	0.16%
	DECK	C	0.15%
	HWM	B	0.15%
	F	F	0.15%
	CASY	D	0.15%
	MUSA	D	0.15%
	BAH	B	0.15%
	AJG	D	0.14%
	KKR	B	0.14%
	SMCI	F	0.14%
	ANET	C	0.14%
	IT	C	0.14%
	PLTR	C	0.14%
	CEG	C	0.13%
	DPZ	D	0.13%
	VTRS	D	0.13%
	YUM	B	0.12%
	AMP	B	0.12%
	IRM	C	0.12%
	BX	C	0.11%
	EVR	B	0.11%
	FAST	C	0.11%
	MPWR	B	0.1%
	AOS	B	0.1%
	CW	B	0.1%
	MTD	C	0.1%
	WTW	B	0.1%
	CRS	C	0.1%
	HPE	C	0.1%
	JKHY	B	0.1%
	GDDY	C	0.1%
	AEO	D	0.09%
	GPI	B	0.09%
	DKS	D	0.09%
	TRGP	C	0.09%
	ALSN	B	0.09%
	LSTR	D	0.09%
	EHC	B	0.09%
	HLT	B	0.09%
	TMHC	B	0.09%
	JXN	B	0.09%
	EXPD	B	0.09%
	DASH	B	0.09%
	CACI	B	0.09%
	BWXT	A	0.09%
	LPX	B	0.08%
	ATR	B	0.08%
	SLG	C	0.08%
	TAP	D	0.08%
	IP	C	0.08%
	TYL	C	0.08%
	CPRT	D	0.08%
	BALL	C	0.08%
	RCL	B	0.08%
	GEHC	B	0.08%
	TROW	C	0.08%
	WDC	C	0.08%
	ARES	B	0.08%
	ITT	B	0.08%
	GPK	C	0.08%
	IR	B	0.08%
	NSIT	C	0.07%
	BKR	C	0.07%
	TTC	F	0.07%
	UFPI	C	0.07%
	MTH	C	0.07%
	ROL	C	0.07%
	HCC	D	0.07%
	BCC	C	0.07%
	MLI	B	0.07%
	ALNY	C	0.07%
	MNST	D	0.07%
	WCC	C	0.07%
	THO	C	0.07%
	NRG	B	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%
	TXRH	B	0.06%
	SEE	C	0.06%
	CNX	B	0.06%
	FFIV	B	0.06%
	COIN	F	0.06%
	JLL	B	0.06%
	FTNT	B	0.06%
	ERIE	B	0.06%
	TPH	C	0.06%
	BERY	B	0.06%
	IDXX	D	0.06%
	PK	D	0.06%
	CRI	D	0.06%
	MMS	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%
	TOL	A	0.06%
	MHO	B	0.05%
	NDSN	C	0.05%
	CBRE	B	0.05%
	URBN	F	0.05%
	IBKR	B	0.05%
	VLTO	B	0.05%
	HBI	A	0.05%
	GNRC	D	0.05%
	SLGN	B	0.05%
	USFD	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%
	LPLA	D	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%
	NXST	D	0.05%
	BTU	C	0.05%
	KTB	B	0.05%
	FCNCA	D	0.05%
	OGN	D	0.05%
	APP	C	0.05%
	LECO	D	0.05%
	GAP	F	0.05%
	SKYW	C	0.05%
	LAMR	B	0.05%
	TW	B	0.05%
	POST	B	0.05%
	FIX	B	0.05%
	CMC	D	0.05%
	SLM	C	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%
	BLD	C	0.04%
	MANH	B	0.04%
	TER	C	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%
	EXEL	C	0.04%
	JWN	C	0.04%
	NWSA	D	0.04%
	ASO	D	0.04%
	CLH	C	0.04%
	FDS	C	0.04%
	COLD	D	0.04%
	SLVM	C	0.04%
	NBIX	F	0.04%
	PSTG	F	0.04%
	PTC	C	0.04%
	EME	B	0.04%
	ELS	D	0.04%
	HUBG	C	0.04%
	MAC	B	0.04%
	CPNG	B	0.04%
	UHAL	B	0.04%
	GATX	D	0.04%
	AROC	D	0.04%
	TGNA	C	0.04%
	FTI	D	0.04%
	ULTA	D	0.04%
	HEI	C	0.04%
	CRBG	C	0.04%
	SMG	B	0.04%
	ABM	D	0.04%
	AGNC	B	0.04%
	CE	D	0.04%
	KD	F	0.04%
	LOPE	D	0.04%
	OLN	D	0.04%
	RGLD	C	0.04%
	FL	F	0.04%
	SRCL	B	0.04%
	BLDR	C	0.04%
	DCI	C	0.04%
	AR	C	0.04%
	GVA	B	0.04%
	CRUS	D	0.04%
	WST	D	0.04%
	SIG	C	0.04%
	MOG.A	B	0.04%
	BKE	B	0.03%
	APAM	C	0.03%
	MTG	B	0.03%
	FHI	B	0.03%
	PLXS	B	0.03%
	THS	C	0.03%
	DRH	C	0.03%
	STC	C	0.03%
	LW	D	0.03%
	MSA	D	0.03%
	LZB	C	0.03%
	HXL	F	0.03%
	UNF	B	0.03%
	ADNT	D	0.03%
	COKE	C	0.03%
	HOG	C	0.03%
	XPO	D	0.03%
	AKAM	D	0.03%
	DK	F	0.03%
	SBAC	C	0.03%
	CPAY	B	0.03%
	VC	F	0.03%
	DDS	D	0.03%
	MASI	C	0.03%
	RLI	B	0.03%
	OI	D	0.03%
	GMS	C	0.03%
	COHR	C	0.03%
	APLE	C	0.03%
	MATX	B	0.03%
	BURL	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%
	AWI	B	0.03%
	MAN	C	0.03%
	TFX	B	0.03%
	GBX	D	0.03%
	AVA	B	0.03%
	MORN	C	0.03%
	MDU	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%
	TPX	B	0.03%
	SHOO	B	0.03%
	RUSHA	C	0.03%
	GEO	F	0.03%
	PRIM	B	0.03%
	SEM	D	0.03%
	FE	B	0.03%
	SANM	D	0.03%
	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%
	FR	C	0.02%
	ALGN	D	0.02%
	DNOW	F	0.02%
	WAL	B	0.02%
	TTEK	C	0.02%
	SSNC	C	0.02%
	APG	F	0.02%
	ODFL	D	0.02%
	CROX	C	0.02%
	NWL	C	0.02%
	VSCO	C	0.02%
	SATS	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%
	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%
	M	F	0.02%
	NAVI	D	0.02%
	LNW	F	0.02%
	GWRE	B	0.02%
	VVV	D	0.02%
	YELP	D	0.02%
	PMT	C	0.02%
	CC	D	0.02%
	CINF	C	0.02%
	EPC	F	0.02%
	BRKR	D	0.02%
	NSP	F	0.02%
	AGCO	D	0.02%
	VSTO	C	0.02%
	NTCT	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%
	PSN	B	0.02%
	GEF	C	0.02%
	PFSI	C	0.02%
	JBHT	D	0.02%
	WMS	D	0.02%
	PINC	D	0.02%
	RRC	D	0.02%
	PAG	D	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%
	KNX	C	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%
	CACC	F	0.01%
	KALU	D	0.01%
	ACI	F	0.01%
	ECPG	D	0.01%
	ELAN	D	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%
	ARMK	B	0.01%
	ESI	C	0.01%
	CFR	C	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%
	IDCC	B	0.01%
	SR	B	0.01%
	PPC	D	0.01%
	RKT	C	0.01%
	UGI	B	0.01%
	CLF	F	0.01%
	SPR	D	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%
	AMED	D	0.01%
	JBGS	C	0.01%
	FLR	D	0.01%
	ESAB	C	0.01%
	WMK	D	0.01%
	SPB	B	0.01%
	JELD	D	0.01%
	CBSH	D	0.01%
	WTFC	C	0.01%
	CADE	C	0.01%
	CNM	F	0.01%
	ONB	D	0.01%
	BRC	B	0.01%
	XRX	D	0.01%
	DTM	C	0.01%
	DXC	D	0.01%
	FELE	B	0.01%
	STRA	F	0.01%
	SAIC	C	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%
	CR	B	0.01%
	CVI	F	0.01%
	OMI	D	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%
	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%
	PTEN	F	0.01%
	ICUI	C	0.01%
	MUR	F	0.01%
	HE	F	0.01%
	GT	F	0.01%
	AA	C	0.01%
	FYBR	C	0.01%
	PSMT	B	0.01%
	ESNT	B	0.01%
	LAUR	C	0.01%
	RF	B	0.01%
	BMRN	F	0.01%
	SCCO	C	0.0%
	NOMD	C	0.0%
	WOLF	F	0.0%

MFUS Underweight 137 Positions Relative to SCHI

	Symbol	Grade	Weight
	DT	C	-0.26%
	MSFT	C	-0.23%
	TD	C	-0.09%
	ARCC	A	-0.07%
	KOF	D	-0.07%
	TT	B	-0.07%
	BMO	C	-0.07%
	CRM	C	-0.07%
	NXPI	D	-0.07%
	BABA	B	-0.07%
	INTU	D	-0.06%
	HAL	F	-0.06%
	JD	A	-0.06%
	BIDU	C	-0.06%
	LH	D	-0.06%
	DB	B	-0.06%
	GOOGL	D	-0.06%
	NWG	B	-0.06%
	HSBC	B	-0.06%
	GP	D	-0.05%
	BDN	C	-0.05%
	ZBH	F	-0.05%
	TRMB	C	-0.05%
	HES	F	-0.05%
	EPR	C	-0.05%
	AMCR	B	-0.05%
	GPN	D	-0.05%
	GSK	D	-0.05%
	AER	C	-0.05%
	VOD	C	-0.05%
	RJF	C	-0.04%
	BNS	B	-0.04%
	LVS	C	-0.04%
	ETN	C	-0.04%
	DAL	C	-0.04%
	EOG	D	-0.04%
	GXO	D	-0.04%
	PAA	D	-0.04%
	MPLX	B	-0.04%
	SITC	D	-0.03%
	MDT	B	-0.03%
	NHI	C	-0.03%
	BNL	B	-0.03%
	SNX	C	-0.03%
	SWKS	F	-0.03%
	AAT	C	-0.03%
	SKT	B	-0.03%
	CBOE	C	-0.03%
	ADI	C	-0.03%
	HIW	C	-0.03%
	EW	F	-0.03%
	LIN	B	-0.03%
	CTRA	F	-0.03%
	WY	C	-0.03%
	ESGR	D	-0.03%
	BRX	C	-0.03%
	FMC	B	-0.03%
	HAS	B	-0.03%
	TDY	B	-0.03%
	STT	B	-0.03%
	EL	D	-0.03%
	BG	F	-0.03%
	EXPE	C	-0.03%
	ABT	C	-0.03%
	AZN	D	-0.03%
	MUFG	D	-0.03%
	PDM	C	-0.02%
	SAVE	F	-0.02%
	ALLE	B	-0.02%
	AGR	C	-0.02%
	ACGL	B	-0.02%
	APTV	D	-0.02%
	AFG	C	-0.02%
	SBRA	C	-0.02%
	GPC	D	-0.02%
	NVT	C	-0.02%
	ROST	C	-0.02%
	SAFE	C	-0.02%
	EPRT	B	-0.02%
	OCSL	D	-0.02%
	ILMN	D	-0.02%
	WTRG	D	-0.02%
	KMT	B	-0.02%
	FLS	C	-0.02%
	AGO	D	-0.02%
	RNR	B	-0.02%
	SNA	B	-0.02%
	TEL	D	-0.02%
	DOC	B	-0.02%
	REXR	C	-0.02%
	ROK	D	-0.02%
	CNA	D	-0.02%
	TXT	D	-0.02%
	FRT	C	-0.02%
	CNP	C	-0.02%
	REG	C	-0.02%
	AXS	B	-0.02%
	CP	C	-0.02%
	ARE	C	-0.02%
	KRC	C	-0.02%
	HUM	F	-0.02%
	VMC	C	-0.02%
	DVN	F	-0.02%
	GL	D	-0.02%
	WRK	C	-0.02%
	KEYS	B	-0.02%
	FDX	D	-0.02%
	SWK	B	-0.02%
	EPD	C	-0.02%
	PLD	C	-0.02%
	APD	B	-0.02%
	MRVL	D	-0.02%
	HON	C	-0.02%
	DIS	D	-0.02%
	BA	F	-0.02%
	VOYA	B	-0.01%
	OGS	B	-0.01%
	MKL	C	-0.01%
	OGE	B	-0.01%
	PSEC	C	-0.01%
	WEC	B	-0.01%
	HR	B	-0.01%
	PRE	F	-0.01%
	BKH	B	-0.01%
	CHH	B	-0.01%
	HPP	F	-0.01%
	AAL	D	-0.01%
	AEE	B	-0.01%
	XEL	B	-0.01%
	AL	C	-0.01%
	AWK	C	-0.01%
	LAZ	B	-0.01%
	EQIX	B	-0.01%
	DE	A	-0.01%
	SYK	C	-0.01%
	LUV	C	-0.01%
	PCG	C	-0.01%

MFUS: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Asset Management Business Services Packaged Foods Software - Application Specialty Chemicals Specialty Retail Utilities - Regulated Electric Capital Markets Aerospace & Defense Credit Services Insurance - Property & Casualty REIT - Diversified Building Materials Engineering & Construction Medical Instruments & Supplies Packaging & Containers Information Technology Services REIT - Residential

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Chemical Aerospace Banking Real Estate Investment Trust Bank Computing Mining Electricity Electronics Telecommunications Transport Beverage Clothing Dow Jones Component Retail Store Retailing

SCHI: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Diversified Industrials REIT - Retail Banks - Regional - US Drug Manufacturers - Major Banks - Global Insurance - Property & Casualty Semiconductors Specialty Retail Asset Management Credit Services Insurance - Life Packaged Foods REIT - Office REIT - Residential Specialty Chemicals Business Services Capital Markets Oil & Gas E&P Aerospace & Defense

Keywords: S&P 500 Nasdaq 100 Natural Gas Real Estate Investment Trust Insurance Bank Electricity Dow Jones Component Electronics Insurance Products Banking Aerospace Chemical Computing Investment Bank Mining Financial Products Medicine Plastic Cash Management