MFUS vs. SCHM ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to Schwab U.S. Mid Cap ETF (SCHM)

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

SCHM

Schwab U.S. Mid Cap ETF

SCHM Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Mid-Cap Total Stock Market IndexSM. The fund invests at least 90% of net assets in stocks that are included in the index. The index includes the mid-cap portion of the Dow Jones U.S. Total Stock Market Index actually available to investors in the marketplace. The Dow Jones U.S. Mid-Cap Total Stock Market Index includes the components ranked 501-1000 by full market capitalization. The index is a float-adjusted market capitalization weighted index. It may invest up to 10% of its net assets in securities not included in its index.

Grade (RS Rating)

Last Trade

$29.68

Average Daily Volume

1,060,895

Number of Holdings ^*

478

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	SCHM
30 Days	2.73%	7.19%
60 Days	3.41%	7.68%
90 Days	5.38%	9.43%
12 Months	32.49%	31.37%

271 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in SCHM	Overlap
AA	B	0.02%	0.25%	0.02%
ACI	C	0.01%	0.17%	0.01%
ACM	A	0.03%	0.32%	0.03%
ADC	B	0.01%	0.17%	0.01%
AES	F	0.01%	0.22%	0.01%
AGCO	D	0.02%	0.13%	0.02%
AGNC	D	0.04%	0.17%	0.04%
AIZ	A	0.09%	0.25%	0.09%
ALLY	C	0.05%	0.22%	0.05%
ALSN	B	0.11%	0.22%	0.11%
AMG	B	0.06%	0.12%	0.06%
AMH	D	0.04%	0.26%	0.04%
AMKR	D	0.03%	0.06%	0.03%
AN	C	0.06%	0.1%	0.06%
ANF	C	0.25%	0.16%	0.16%
AOS	F	0.08%	0.19%	0.08%
APG	B	0.02%	0.19%	0.02%
AR	B	0.05%	0.2%	0.05%
ARMK	B	0.01%	0.22%	0.01%
ARW	D	0.04%	0.13%	0.04%
ATI	D	0.04%	0.15%	0.04%
ATR	B	0.08%	0.25%	0.08%
AVY	D	0.09%	0.35%	0.09%
AXTA	A	0.02%	0.2%	0.02%
AYI	B	0.1%	0.22%	0.1%
BAH	F	0.15%	0.43%	0.15%
BBWI	D	0.01%	0.16%	0.01%
BC	C	0.06%	0.12%	0.06%
BEN	C	0.02%	0.15%	0.02%
BERY	B	0.06%	0.17%	0.06%
BFAM	D	0.02%	0.13%	0.02%
BJ	A	0.03%	0.26%	0.03%
BLD	D	0.03%	0.23%	0.03%
BMRN	D	0.01%	0.27%	0.01%
BRKR	D	0.02%	0.13%	0.02%
BURL	A	0.03%	0.38%	0.03%
BWA	D	0.01%	0.17%	0.01%
BWXT	B	0.11%	0.26%	0.11%
BXP	D	0.02%	0.25%	0.02%
CACC	D	0.01%	0.06%	0.01%
CACI	D	0.09%	0.23%	0.09%
CASY	A	0.16%	0.33%	0.16%
CBSH	A	0.01%	0.19%	0.01%
CCK	C	0.06%	0.24%	0.06%
CE	F	0.02%	0.18%	0.02%
CFR	B	0.01%	0.2%	0.01%
CG	A	0.03%	0.23%	0.03%
CHE	D	0.06%	0.19%	0.06%
CHRW	C	0.14%	0.29%	0.14%
CLF	F	0.01%	0.12%	0.01%
CLH	B	0.04%	0.28%	0.04%
CMA	A	0.04%	0.2%	0.04%
CMC	B	0.06%	0.15%	0.06%
CNM	D	0.01%	0.18%	0.01%
COHR	B	0.03%	0.32%	0.03%
COKE	C	0.03%	0.16%	0.03%
COLD	D	0.03%	0.13%	0.03%
CPB	D	0.04%	0.19%	0.04%
CPT	B	0.06%	0.28%	0.06%
CR	A	0.01%	0.19%	0.01%
CRBG	B	0.04%	0.18%	0.04%
CROX	D	0.01%	0.13%	0.01%
CRS	A	0.11%	0.19%	0.11%
CRUS	D	0.04%	0.12%	0.04%
CSL	C	0.02%	0.46%	0.02%
CTLT	B	0.02%	0.24%	0.02%
CUBE	D	0.04%	0.24%	0.04%
CVLT	B	0.04%	0.16%	0.04%
CW	B	0.11%	0.3%	0.11%
DCI	B	0.04%	0.2%	0.04%
DINO	D	0.01%	0.15%	0.01%
DKS	C	0.08%	0.25%	0.08%
DLB	B	0.02%	0.09%	0.02%
DTM	B	0.01%	0.22%	0.01%
DVA	B	0.16%	0.16%	0.16%
EHC	B	0.09%	0.22%	0.09%
ELAN	D	0.01%	0.15%	0.01%
ELS	C	0.04%	0.29%	0.04%
EME	C	0.04%	0.52%	0.04%
EMN	D	0.04%	0.26%	0.04%
EQH	B	0.08%	0.34%	0.08%
ESNT	D	0.01%	0.13%	0.01%
EVR	B	0.13%	0.24%	0.13%
EVRG	A	0.02%	0.32%	0.02%
EWBC	A	0.02%	0.32%	0.02%
EXEL	B	0.05%	0.22%	0.05%
EXP	A	0.07%	0.22%	0.07%
FAF	A	0.02%	0.15%	0.02%
FCN	D	0.05%	0.15%	0.05%
FDS	B	0.04%	0.41%	0.04%
FFIV	B	0.06%	0.31%	0.06%
FHN	A	0.01%	0.24%	0.01%
FIX	A	0.06%	0.35%	0.06%
FLEX	A	0.05%	0.33%	0.05%
FLO	D	0.04%	0.09%	0.04%
FLR	B	0.01%	0.2%	0.01%
FNF	B	0.03%	0.35%	0.03%
FR	C	0.01%	0.15%	0.01%
FTI	A	0.04%	0.27%	0.04%
FYBR	D	0.01%	0.17%	0.01%
G	B	0.06%	0.16%	0.06%
GAP	C	0.06%	0.11%	0.06%
GGG	B	0.03%	0.34%	0.03%
GLPI	C	0.07%	0.3%	0.07%
GME	C	0.02%	0.23%	0.02%
GMED	A	0.03%	0.2%	0.03%
GNRC	B	0.06%	0.24%	0.06%
GNTX	C	0.05%	0.15%	0.05%
GPK	C	0.08%	0.19%	0.08%
GWRE	A	0.02%	0.35%	0.02%
H	B	0.01%	0.15%	0.01%
HII	D	0.02%	0.17%	0.02%
HLI	B	0.08%	0.22%	0.08%
HOG	D	0.02%	0.09%	0.02%
HOOD	B	0.04%	0.51%	0.04%
HRB	D	0.08%	0.19%	0.08%
HSIC	B	0.03%	0.19%	0.03%
HST	C	0.02%	0.27%	0.02%
HXL	D	0.03%	0.11%	0.03%
IBKR	A	0.06%	0.43%	0.06%
IEX	B	0.09%	0.38%	0.09%
INCY	C	0.01%	0.27%	0.01%
INGR	B	0.07%	0.2%	0.07%
IP	B	0.09%	0.44%	0.09%
IPG	D	0.04%	0.23%	0.04%
ITT	A	0.08%	0.28%	0.08%
IVZ	B	0.03%	0.18%	0.03%
JBL	B	0.03%	0.32%	0.03%
JEF	A	0.03%	0.27%	0.03%
JHG	A	0.04%	0.13%	0.04%
JKHY	D	0.1%	0.28%	0.1%
JLL	D	0.06%	0.27%	0.06%
JNPR	F	0.13%	0.27%	0.13%
JXN	C	0.1%	0.17%	0.1%
KBH	D	0.03%	0.13%	0.03%
KBR	F	0.02%	0.17%	0.02%
KEX	C	0.02%	0.16%	0.02%
KEY	B	0.03%	0.39%	0.03%
KIM	A	0.02%	0.37%	0.02%
KNX	B	0.01%	0.2%	0.01%
L	A	0.06%	0.34%	0.06%
LAD	A	0.02%	0.22%	0.02%
LAMR	D	0.05%	0.25%	0.05%
LANC	C	0.04%	0.08%	0.04%
LBRDK	C	0.03%	0.25%	0.03%
LEA	D	0.01%	0.12%	0.01%
LECO	B	0.06%	0.26%	0.06%
LNC	B	0.03%	0.13%	0.03%
LNT	A	0.02%	0.35%	0.02%
LNW	D	0.02%	0.18%	0.02%
LPX	B	0.08%	0.16%	0.08%
LSTR	D	0.09%	0.14%	0.09%
LW	C	0.03%	0.24%	0.03%
MANH	D	0.03%	0.37%	0.03%
MAS	D	0.06%	0.38%	0.06%
MASI	A	0.03%	0.16%	0.03%
MDU	D	0.02%	0.08%	0.02%
MHK	D	0.01%	0.16%	0.01%
MKSI	C	0.01%	0.16%	0.01%
MKTX	D	0.02%	0.22%	0.02%
MLI	C	0.09%	0.22%	0.09%
MMS	F	0.05%	0.11%	0.05%
MORN	B	0.03%	0.2%	0.03%
MOS	F	0.01%	0.19%	0.01%
MRO	B	0.03%	0.35%	0.03%
MSA	D	0.02%	0.15%	0.02%
MTG	C	0.02%	0.14%	0.02%
MTH	D	0.06%	0.14%	0.06%
MTN	C	0.05%	0.15%	0.05%
MUR	D	0.01%	0.1%	0.01%
MUSA	A	0.16%	0.22%	0.16%
NBIX	C	0.04%	0.26%	0.04%
NDSN	B	0.04%	0.31%	0.04%
NFG	A	0.05%	0.12%	0.05%
NI	A	0.02%	0.36%	0.02%
NNN	D	0.01%	0.17%	0.01%
NOV	C	0.01%	0.14%	0.01%
NRG	B	0.07%	0.42%	0.07%
NSIT	F	0.05%	0.09%	0.05%
NWSA	B	0.04%	0.32%	0.04%
NXST	C	0.05%	0.11%	0.05%
NYT	C	0.03%	0.19%	0.03%
OC	A	0.02%	0.37%	0.02%
OGN	D	0.04%	0.09%	0.04%
OHI	C	0.02%	0.23%	0.02%
OLN	D	0.04%	0.11%	0.04%
OMF	A	0.03%	0.15%	0.03%
OSK	B	0.04%	0.16%	0.04%
PAG	B	0.02%	0.07%	0.02%
PARA	C	0.01%	0.15%	0.01%
PB	A	0.01%	0.17%	0.01%
PBF	D	0.02%	0.07%	0.02%
PKG	A	0.1%	0.47%	0.1%
PNR	A	0.02%	0.39%	0.02%
PNW	B	0.01%	0.23%	0.01%
POOL	C	0.07%	0.3%	0.07%
POST	C	0.05%	0.11%	0.05%
PPC	C	0.01%	0.05%	0.01%
PSN	D	0.02%	0.1%	0.02%
PVH	C	0.02%	0.13%	0.02%
QRVO	F	0.01%	0.14%	0.01%
RBC	A	0.01%	0.2%	0.01%
RGA	A	0.06%	0.34%	0.06%
RGLD	C	0.04%	0.2%	0.04%
RHI	B	0.02%	0.17%	0.02%
RL	B	0.03%	0.19%	0.03%
RLI	B	0.03%	0.16%	0.03%
RPM	A	0.13%	0.39%	0.13%
RPRX	D	0.03%	0.22%	0.03%
RRC	B	0.03%	0.18%	0.03%
RS	B	0.04%	0.38%	0.04%
RYN	D	0.02%	0.09%	0.02%
SAIC	F	0.01%	0.14%	0.01%
SCI	B	0.07%	0.27%	0.07%
SEE	C	0.06%	0.12%	0.06%
SEIC	B	0.09%	0.18%	0.09%
SF	B	0.02%	0.26%	0.02%
SFM	A	0.25%	0.31%	0.25%
SIGI	C	0.01%	0.13%	0.01%
SJM	D	0.04%	0.25%	0.04%
SKX	D	0.02%	0.18%	0.02%
SNV	B	0.02%	0.18%	0.02%
SON	D	0.04%	0.11%	0.04%
SSB	B	0.01%	0.18%	0.01%
STLD	B	0.04%	0.44%	0.04%
TAP	C	0.09%	0.24%	0.09%
TFX	F	0.02%	0.2%	0.02%
THC	D	0.28%	0.33%	0.28%
THG	A	0.05%	0.13%	0.05%
THO	B	0.07%	0.13%	0.07%
TKR	D	0.04%	0.11%	0.04%
TMHC	B	0.09%	0.16%	0.09%
TNET	D	0.01%	0.06%	0.01%
TOL	B	0.06%	0.35%	0.06%
TPR	B	0.01%	0.29%	0.01%
TPX	B	0.03%	0.21%	0.03%
TTC	D	0.06%	0.19%	0.06%
TTEK	F	0.01%	0.24%	0.01%
TW	A	0.06%	0.33%	0.06%
TXRH	C	0.06%	0.29%	0.06%
UAL	A	0.02%	0.66%	0.02%
UDR	B	0.03%	0.29%	0.03%
UFPI	B	0.07%	0.17%	0.07%
UGI	A	0.01%	0.11%	0.01%
UHAL	D	0.01%	0.15%	0.01%
UHAL	D	0.01%	0.15%	0.01%
UHS	D	0.06%	0.27%	0.06%
UNM	A	0.04%	0.28%	0.04%
USFD	A	0.05%	0.35%	0.05%
UTHR	C	0.19%	0.36%	0.19%
VFC	C	0.02%	0.15%	0.02%
VNO	B	0.07%	0.15%	0.07%
VTRS	A	0.14%	0.34%	0.14%
VVV	F	0.02%	0.12%	0.02%
WAL	B	0.02%	0.22%	0.02%
WBA	F	0.12%	0.13%	0.12%
WBS	A	0.02%	0.23%	0.02%
WCC	B	0.09%	0.2%	0.09%
WH	B	0.04%	0.17%	0.04%
WHR	B	0.03%	0.14%	0.03%
WMS	D	0.02%	0.21%	0.02%
WPC	D	0.03%	0.27%	0.03%
WSM	B	0.18%	0.37%	0.18%
WSO	A	0.17%	0.4%	0.17%
WTFC	A	0.01%	0.19%	0.01%
WU	D	0.06%	0.08%	0.06%
WWD	B	0.01%	0.22%	0.01%
X	C	0.03%	0.18%	0.03%
XPO	B	0.04%	0.38%	0.04%
XRAY	F	0.02%	0.08%	0.02%
ZION	B	0.02%	0.19%	0.02%

MFUS Overweight 544 Positions Relative to SCHM

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%
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%
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%
CTAS	B	0.19%
TSN	B	0.18%
BK	A	0.18%
AMP	A	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%
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%
CB	C	0.16%
VLO	C	0.16%
KMB	D	0.16%
SPG	B	0.16%
CMCSA	B	0.16%
VRSK	A	0.16%
TDG	D	0.15%
MCO	B	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%
ANET	C	0.14%
CMI	A	0.14%
PH	A	0.14%
BX	A	0.13%
SO	D	0.13%
DPZ	C	0.13%
FAST	B	0.13%
DUK	C	0.13%
RSG	A	0.13%
AMT	D	0.13%
CI	F	0.13%
YUM	B	0.13%
IRM	D	0.12%
WELL	A	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%
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%
EFX	F	0.11%
EXR	D	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%
WMB	A	0.1%
DD	D	0.1%
ITW	B	0.1%
RCL	A	0.1%
DFS	B	0.1%
XYL	D	0.1%
TFC	A	0.09%
DGX	A	0.09%
CPRT	A	0.09%
EMR	A	0.09%
DG	F	0.09%
ARES	A	0.09%
CALM	A	0.09%
IR	B	0.09%
DLR	B	0.09%
TROW	B	0.09%
ADSK	A	0.09%
NVR	D	0.09%
URI	B	0.09%
GPI	A	0.09%
PSA	D	0.09%
SBUX	A	0.09%
BKR	B	0.08%
AEP	D	0.08%
WDC	D	0.08%
SLG	B	0.08%
ECL	D	0.08%
SRE	A	0.08%
NUE	C	0.08%
ABG	B	0.08%
TYL	B	0.08%
MTD	D	0.08%
BIIB	F	0.07%
ROL	B	0.07%
MSCI	C	0.07%
EXC	C	0.07%
LPLA	A	0.07%
JCI	C	0.07%
CHD	B	0.07%
CCI	D	0.07%
COP	C	0.07%
BCC	B	0.07%
NSC	B	0.07%
D	C	0.07%
MLM	B	0.07%
SKYW	B	0.07%
GEHC	F	0.07%
GEO	B	0.07%
CNX	A	0.07%
R	B	0.07%
FTNT	C	0.07%
BALL	D	0.07%
KDP	D	0.07%
AEO	F	0.07%
STE	F	0.07%
OTIS	C	0.07%
TTWO	A	0.07%
MNST	C	0.07%
FIS	C	0.07%
HCC	B	0.07%
STZ	D	0.06%
VIRT	B	0.06%
ATGE	B	0.06%
TPH	D	0.06%
BFH	B	0.06%
NKE	D	0.06%
HIG	B	0.06%
KTB	B	0.06%
MPWR	F	0.06%
SLM	A	0.06%
FCNCA	A	0.06%
PEG	A	0.06%
LUMN	C	0.06%
SQ	B	0.06%
PK	B	0.06%
DHI	D	0.06%
MSM	C	0.06%
OMC	C	0.06%
ROP	B	0.06%
ALNY	D	0.06%
LEN	D	0.06%
TDS	B	0.05%
CNO	A	0.05%
PRIM	A	0.05%
FANG	D	0.05%
ETR	B	0.05%
LOPE	B	0.05%
URBN	C	0.05%
MOG.A	B	0.05%
SUI	D	0.05%
TGNA	B	0.05%
A	D	0.05%
WST	C	0.05%
NDAQ	A	0.05%
CBRE	B	0.05%
CARR	D	0.05%
CRI	D	0.05%
SLGN	A	0.05%
EIX	B	0.05%
COOP	B	0.05%
SCHW	B	0.05%
ZTS	D	0.05%
TEX	D	0.05%
KD	B	0.05%
IDXX	F	0.05%
CBT	C	0.05%
GVA	A	0.05%
ANSS	B	0.05%
HBI	B	0.05%
WEN	D	0.05%
WAB	B	0.05%
HSY	F	0.05%
WAT	B	0.05%
SMCI	F	0.05%
BTU	B	0.05%
ED	D	0.05%
O	D	0.05%
MKC	D	0.05%
AVT	C	0.04%
EQR	B	0.04%
PPL	B	0.04%
AWI	A	0.04%
SEM	B	0.04%
CXW	B	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%
BDC	B	0.04%
SLVM	B	0.04%
ADBE	C	0.04%
FL	F	0.04%
MTB	A	0.04%
ULTA	F	0.04%
CFG	B	0.04%
PAYX	C	0.04%
CAG	D	0.04%
CPNG	D	0.04%
RUSHA	C	0.04%
TRN	C	0.04%
SANM	B	0.04%
VTR	C	0.04%
BLDR	D	0.04%
VRSN	F	0.04%
BAX	D	0.04%
WTM	A	0.04%
PTC	A	0.04%
BHF	B	0.04%
MAC	B	0.04%
GBX	A	0.04%
HUBG	A	0.04%
HEI	B	0.04%
VLTO	D	0.04%
SIG	B	0.04%
MHO	D	0.04%
CNC	D	0.04%
ZBRA	B	0.04%
GATX	A	0.04%
FITB	A	0.04%
PPG	F	0.04%
AROC	B	0.04%
ABM	B	0.04%
ERIE	D	0.04%
WERN	C	0.04%
DOV	A	0.04%
MAR	B	0.04%
SBAC	D	0.03%
DLTR	F	0.03%
DRH	B	0.03%
PNM	F	0.03%
ACA	A	0.03%
KMPR	B	0.03%
LZB	B	0.03%
HAE	C	0.03%
UNF	B	0.03%
PINC	B	0.03%
APAM	B	0.03%
VC	D	0.03%
MAN	D	0.03%
DK	C	0.03%
DRI	B	0.03%
BKE	B	0.03%
FHI	A	0.03%
AVTR	F	0.03%
NTRS	A	0.03%
TER	D	0.03%
DELL	C	0.03%
PLXS	B	0.03%
CDW	F	0.03%
OI	C	0.03%
PRG	C	0.03%
APLE	B	0.03%
IFF	D	0.03%
ASO	F	0.03%
SHOO	D	0.03%
AVB	B	0.03%
AVA	A	0.03%
DBRG	F	0.03%
CMS	C	0.03%
HOLX	D	0.03%
FE	C	0.03%
GMS	B	0.03%
BKU	A	0.03%
CDP	C	0.03%
DDS	B	0.03%
GNW	A	0.03%
DOX	D	0.03%
SM	B	0.03%
HBAN	A	0.03%
HUBB	B	0.03%
CPAY	A	0.03%
MC	C	0.03%
MATX	C	0.03%
ES	D	0.03%
ODP	F	0.02%
IOSP	B	0.02%
LXP	D	0.02%
SAH	A	0.02%
LEG	F	0.02%
TTMI	B	0.02%
VSH	D	0.02%
SSNC	B	0.02%
LAUR	A	0.02%
BHE	B	0.02%
GT	C	0.02%
PHIN	A	0.02%
ATO	A	0.02%
RF	A	0.02%
ANDE	D	0.02%
DOW	F	0.02%
NSP	D	0.02%
HP	B	0.02%
ODFL	B	0.02%
DNOW	B	0.02%
DTE	C	0.02%
REZI	A	0.02%
PMT	D	0.02%
HNI	B	0.02%
WKC	D	0.02%
HRL	D	0.02%
SNDR	B	0.02%
OSIS	B	0.02%
NAVI	C	0.02%
EPC	D	0.02%
M	D	0.02%
MAA	B	0.02%
JBLU	F	0.02%
PFSI	D	0.02%
THS	D	0.02%
CC	C	0.02%
NWL	B	0.02%
SXT	B	0.02%
RLJ	C	0.02%
YELP	C	0.02%
DORM	B	0.02%
APOG	B	0.02%
SAM	C	0.02%
XHR	B	0.02%
PDCO	D	0.02%
CINF	A	0.02%
NTCT	C	0.02%
VSCO	B	0.02%
MCY	A	0.02%
AIR	B	0.02%
SBH	C	0.02%
VSTO	A	0.02%
KSS	F	0.02%
CCL	B	0.02%
AKAM	D	0.02%
JBHT	C	0.02%
ADNT	F	0.02%
ORA	B	0.02%
GEF	A	0.02%
WRB	A	0.02%
NEU	C	0.02%
GHC	C	0.02%
STC	B	0.02%
SVC	F	0.01%
AAP	C	0.01%
CPRI	F	0.01%
RKT	F	0.01%
JELD	F	0.01%
SCL	C	0.01%
MLKN	D	0.01%
IGT	F	0.01%
RVTY	F	0.01%
ARI	C	0.01%
WOR	F	0.01%
CNXN	C	0.01%
SPR	D	0.01%
GIII	D	0.01%
ECPG	B	0.01%
ALEX	C	0.01%
UVV	B	0.01%
JBGS	D	0.01%
HTH	B	0.01%
SEB	F	0.01%
RDN	C	0.01%
IMKTA	C	0.01%
XRX	F	0.01%
SR	A	0.01%
OUT	A	0.01%
SHO	C	0.01%
WGO	C	0.01%
AMED	F	0.01%
CNS	B	0.01%
SWX	B	0.01%
KALU	C	0.01%
ESI	A	0.01%
CENTA	C	0.01%
CVI	F	0.01%
ARCH	B	0.01%
PECO	A	0.01%
OMI	F	0.01%
FDP	B	0.01%
PFG	D	0.01%
WAFD	B	0.01%
BRC	D	0.01%
DY	D	0.01%
SPB	C	0.01%
FELE	B	0.01%
DAN	D	0.01%
WMK	C	0.01%
KN	B	0.01%
STRA	C	0.01%
DXC	B	0.01%
IDCC	A	0.01%
LADR	B	0.01%
NNI	D	0.01%
GES	F	0.01%
ESAB	B	0.01%
CWEN	C	0.01%
ONB	B	0.01%
ICUI	D	0.01%
CSGS	B	0.01%
HE	C	0.01%
CADE	B	0.01%
PSMT	C	0.01%
ALGN	D	0.01%
SATS	D	0.01%
SLB	C	0.01%
GOLF	B	0.01%
DEI	B	0.01%
AMWD	C	0.01%
PTEN	C	0.01%
SCS	C	0.01%
VNT	B	0.01%
TDC	D	0.01%
SCCO	F	0.0%
NOMD	D	0.0%
WOLF	F	0.0%
HUN	F	0.0%

MFUS Underweight 208 Positions Relative to SCHM

Symbol	Grade	Weight
TPL	A	-0.57%
EQT	B	-0.56%
DKNG	B	-0.43%
SNA	A	-0.42%
NTRA	B	-0.4%
PODD	C	-0.4%
NTNX	A	-0.38%
PINS	D	-0.38%
RBA	A	-0.38%
TRMB	B	-0.38%
TOST	B	-0.37%
EG	C	-0.36%
DOCU	A	-0.36%
DT	C	-0.35%
TXT	D	-0.35%
TWLO	A	-0.34%
DOC	D	-0.33%
ENTG	D	-0.33%
Z	A	-0.33%
SOFI	A	-0.32%
SAIA	B	-0.31%
EPAM	C	-0.3%
AFRM	B	-0.3%
RNR	C	-0.3%
PFGC	B	-0.29%
BG	F	-0.28%
REG	B	-0.27%
NVT	B	-0.27%
ALB	C	-0.27%
ALLE	D	-0.27%
KMX	B	-0.27%
DUOL	A	-0.26%
OVV	B	-0.26%
NCLH	B	-0.26%
OWL	A	-0.26%
DAY	B	-0.26%
OKTA	C	-0.26%
SNAP	C	-0.25%
RRX	B	-0.25%
INSM	C	-0.25%
TECH	D	-0.24%
PAYC	B	-0.24%
FND	C	-0.24%
CHDN	B	-0.23%
AIT	A	-0.23%
KNSL	B	-0.23%
WTRG	B	-0.22%
PCVX	D	-0.22%
GL	B	-0.22%
AFG	A	-0.22%
SRPT	D	-0.22%
LKQ	D	-0.22%
PRI	A	-0.22%
IOT	A	-0.22%
WING	D	-0.21%
BRBR	A	-0.21%
SOLV	C	-0.21%
PR	B	-0.21%
AAL	B	-0.21%
PNFP	B	-0.21%
CNH	C	-0.21%
CIEN	B	-0.21%
CRL	C	-0.21%
ORI	A	-0.2%
AAON	B	-0.2%
EXAS	D	-0.2%
FBIN	D	-0.2%
REXR	F	-0.2%
PEN	B	-0.2%
EGP	F	-0.19%
FN	D	-0.19%
WYNN	D	-0.19%
FRT	B	-0.19%
PCTY	B	-0.19%
OGE	B	-0.19%
MGM	D	-0.19%
HQY	B	-0.19%
RVMD	C	-0.19%
BRX	A	-0.19%
ROKU	D	-0.19%
SNX	C	-0.19%
MTCH	D	-0.18%
TKO	B	-0.18%
CZR	F	-0.18%
VOYA	B	-0.18%
PLNT	A	-0.18%
ENSG	D	-0.18%
HAS	D	-0.18%
ITCI	C	-0.18%
APA	D	-0.18%
BILL	A	-0.18%
MTZ	B	-0.18%
S	B	-0.17%
JAZZ	B	-0.17%
GKOS	B	-0.17%
SSD	D	-0.17%
SMAR	A	-0.17%
FLS	B	-0.17%
ONTO	D	-0.17%
CHRD	D	-0.17%
MEDP	D	-0.17%
GXO	B	-0.16%
MTSI	B	-0.16%
ALV	C	-0.16%
BSY	D	-0.16%
EXLS	B	-0.16%
OLED	D	-0.16%
RIVN	F	-0.16%
RYAN	B	-0.16%
FRPT	B	-0.16%
MIDD	C	-0.16%
PCOR	B	-0.16%
WEX	D	-0.16%
ESTC	C	-0.16%
TREX	C	-0.16%
SPSC	C	-0.15%
LYFT	C	-0.15%
STAG	F	-0.15%
AXS	A	-0.15%
MTDR	B	-0.15%
CFLT	B	-0.15%
LSCC	D	-0.15%
FMC	D	-0.15%
CGNX	C	-0.15%
VMI	B	-0.15%
ALK	C	-0.15%
DAR	C	-0.15%
ELF	C	-0.15%
BPOP	B	-0.15%
GTLS	B	-0.15%
BIO	D	-0.14%
STWD	C	-0.14%
IDA	A	-0.14%
SITE	D	-0.14%
MAT	D	-0.14%
GBCI	B	-0.14%
DBX	B	-0.14%
WSC	D	-0.14%
RGEN	D	-0.14%
SIRI	C	-0.13%
ETSY	D	-0.13%
HALO	F	-0.13%
SUM	B	-0.13%
CHX	C	-0.13%
TRNO	F	-0.13%
CYTK	F	-0.13%
LFUS	F	-0.13%
WFRD	D	-0.13%
NOVT	D	-0.13%
FFIN	B	-0.12%
LNTH	D	-0.12%
QLYS	C	-0.12%
IONS	F	-0.12%
RMBS	C	-0.12%
EDR	A	-0.12%
PATH	C	-0.12%
ZWS	B	-0.12%
OLLI	D	-0.12%
VLY	B	-0.11%
POR	C	-0.11%
FIVE	F	-0.11%
ST	F	-0.11%
ROIV	C	-0.11%
BYD	C	-0.11%
U	C	-0.11%
AL	B	-0.11%
OZK	B	-0.11%
INSP	D	-0.11%
AM	A	-0.11%
EEFT	B	-0.1%
BKH	A	-0.1%
CIVI	D	-0.1%
ALKS	B	-0.1%
RH	B	-0.1%
ASGN	F	-0.09%
CELH	F	-0.09%
CRSP	D	-0.09%
KRC	C	-0.09%
WLK	D	-0.09%
PII	D	-0.08%
ACHC	F	-0.08%
W	F	-0.08%
OPCH	D	-0.08%
ASH	D	-0.08%
DNB	B	-0.08%
ALGM	D	-0.07%
VAL	D	-0.07%
RIG	D	-0.07%
CHH	A	-0.07%
IAC	D	-0.07%
AGR	B	-0.06%
SMMT	D	-0.06%
BOKF	B	-0.06%
COTY	F	-0.06%
ADTN	A	-0.06%
COLM	B	-0.06%
APLS	D	-0.06%
INFA	D	-0.05%
SHC	F	-0.05%
RCM	F	-0.05%
LCID	F	-0.05%
CNXC	F	-0.04%
DJT	C	-0.04%
CLVT	F	-0.04%
UI	A	-0.03%
REYN	D	-0.03%
FG	B	-0.02%
CNA	B	-0.02%