MFUS vs. SPUS ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS)

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 ^*

780

* may have additional holdings in another (foreign) market

SPUS

SP Funds S&P 500 Sharia Industry Exclusions ETF

SPUS Description

The investment seeks to track the performance, before fees and expenses, of the S&P 500 Shariah Industry Exclusions Index. The index is composed of the constituents of the S&P 500® Shariah Index other than those from the following sub-industries: Aerospace & Defense, Financial Exchanges & Data, and Data Processing & Outsourced Services. The manager attempts to invest all, or substantially all, of its assets in the component securities that make up the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$41.60

Average Daily Volume

171,600

Number of Holdings ^*

225

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	SPUS
30 Days	2.56%	3.00%
60 Days	4.48%	4.99%
90 Days	6.34%	2.95%
12 Months	31.81%	35.50%

165 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in SPUS	Overlap
A	C	0.05%	0.13%	0.05%
AAPL	C	0.72%	11.17%	0.72%
ABBV	B	1.38%	1.1%	1.1%
ACN	C	0.19%	0.68%	0.19%
ADBE	F	0.04%	0.75%	0.04%
ADM	D	0.35%	0.09%	0.09%
ADSK	B	0.09%	0.19%	0.09%
AKAM	D	0.03%	0.05%	0.03%
ALGN	D	0.03%	0.05%	0.03%
AMAT	D	0.49%	0.53%	0.49%
AMZN	C	1.4%	5.83%	1.4%
ANET	C	0.15%	0.32%	0.15%
ANSS	D	0.06%	0.09%	0.06%
AOS	B	0.12%	0.03%	0.03%
APH	C	0.11%	0.25%	0.11%
AVGO	C	1.55%	2.65%	1.55%
AVY	C	0.1%	0.06%	0.06%
AZO	B	0.31%	0.17%	0.17%
BBY	A	0.26%	0.06%	0.06%
BDX	D	0.09%	0.22%	0.09%
BIIB	F	0.08%	0.09%	0.08%
BKNG	B	0.53%	0.45%	0.45%
BKR	C	0.18%	0.12%	0.12%
BLDR	C	0.04%	0.07%	0.04%
BSX	B	0.2%	0.4%	0.2%
CAH	C	0.36%	0.09%	0.09%
CDW	D	0.06%	0.1%	0.06%
CEG	C	0.11%	0.27%	0.11%
CHD	C	0.07%	0.08%	0.07%
CHRW	B	0.09%	0.04%	0.04%
CL	C	0.33%	0.28%	0.28%
CLX	C	0.16%	0.06%	0.06%
CMI	B	0.12%	0.14%	0.12%
COP	F	0.34%	0.4%	0.34%
CPRT	D	0.21%	0.15%	0.15%
CPT	C	0.06%	0.04%	0.04%
CRM	C	0.38%	0.86%	0.38%
CSCO	B	0.46%	0.69%	0.46%
CSX	C	0.09%	0.21%	0.09%
CTAS	C	0.18%	0.23%	0.18%
CTRA	F	0.03%	0.06%	0.03%
CTVA	B	0.04%	0.13%	0.04%
DD	B	0.23%	0.12%	0.12%
DECK	C	0.17%	0.08%	0.08%
DGX	B	0.07%	0.05%	0.05%
DHR	B	0.28%	0.56%	0.28%
DOV	B	0.02%	0.08%	0.02%
EBAY	B	0.38%	0.1%	0.1%
ECL	B	0.08%	0.21%	0.08%
EFX	C	0.1%	0.12%	0.1%
EMR	D	0.16%	0.19%	0.16%
EOG	D	0.12%	0.23%	0.12%
EQIX	B	0.03%	0.27%	0.03%
ETN	C	0.21%	0.42%	0.21%
EXPD	B	0.08%	0.06%	0.06%
FAST	C	0.11%	0.13%	0.11%
FCX	C	0.1%	0.23%	0.1%
FFIV	B	0.04%	0.04%	0.04%
FICO	B	0.25%	0.15%	0.15%
FTNT	B	0.06%	0.16%	0.06%
GEHC	B	0.03%	0.13%	0.03%
GILD	B	0.85%	0.33%	0.33%
GIS	B	0.12%	0.13%	0.12%
GLW	B	0.22%	0.11%	0.11%
GNRC	D	0.05%	0.03%	0.03%
GOOGL	D	1.33%	3.07%	1.33%
GPC	D	0.02%	0.06%	0.02%
GWW	B	0.19%	0.15%	0.15%
HAL	F	0.04%	0.08%	0.04%
HD	B	0.43%	1.28%	0.43%
HOLX	D	0.03%	0.06%	0.03%
HPQ	C	0.3%	0.11%	0.11%
HSIC	C	0.04%	0.03%	0.03%
HSY	D	0.06%	0.09%	0.06%
HUBB	B	0.1%	0.07%	0.07%
IDXX	D	0.06%	0.13%	0.06%
IEX	C	0.09%	0.05%	0.05%
INCY	C	0.01%	0.03%	0.01%
IR	B	0.1%	0.12%	0.1%
IT	C	0.17%	0.13%	0.13%
ITW	B	0.09%	0.23%	0.09%
JBHT	D	0.02%	0.04%	0.02%
JBL	C	0.07%	0.04%	0.04%
JNJ	C	1.08%	1.25%	1.08%
JNPR	A	0.14%	0.04%	0.04%
K	A	0.1%	0.07%	0.07%
KDP	B	0.07%	0.13%	0.07%
KLAC	D	0.25%	0.34%	0.25%
KMB	C	0.17%	0.15%	0.15%
LLY	D	2.64%	2.37%	2.37%
LOW	B	0.26%	0.49%	0.26%
LRCX	D	0.3%	0.34%	0.3%
LW	D	0.04%	0.03%	0.03%
MAS	B	0.06%	0.06%	0.06%
MCK	F	0.54%	0.2%	0.2%
MDLZ	C	0.23%	0.32%	0.23%
META	B	2.29%	4.03%	2.29%
MHK	B	0.01%	0.03%	0.01%
MKC	C	0.08%	0.07%	0.07%
MLM	D	0.07%	0.11%	0.07%
MMM	B	0.45%	0.24%	0.24%
MNST	D	0.06%	0.12%	0.06%
MOH	D	0.03%	0.07%	0.03%
MOS	F	0.04%	0.03%	0.03%
MPWR	B	0.09%	0.14%	0.09%
MRK	F	0.95%	0.94%	0.94%
MSI	B	0.16%	0.24%	0.16%
MTD	C	0.08%	0.1%	0.08%
MU	D	0.16%	0.34%	0.16%
NDSN	C	0.05%	0.05%	0.05%
NEM	C	0.1%	0.21%	0.1%
NKE	D	0.05%	0.34%	0.05%
NOW	C	0.4%	0.59%	0.4%
NTAP	D	0.09%	0.08%	0.08%
NUE	D	0.08%	0.11%	0.08%
NVDA	C	1.78%	9.86%	1.78%
ODFL	D	0.02%	0.12%	0.02%
ORLY	B	0.19%	0.22%	0.19%
OTIS	B	0.07%	0.13%	0.07%
PANW	D	0.25%	0.36%	0.25%
PEP	D	0.65%	0.75%	0.65%
PG	C	0.91%	1.32%	0.91%
PH	B	0.15%	0.26%	0.15%
PHM	B	0.19%	0.09%	0.09%
PKG	B	0.05%	0.06%	0.05%
PNR	B	0.1%	0.05%	0.05%
POOL	C	0.07%	0.04%	0.04%
PPG	C	0.05%	0.1%	0.05%
PTC	C	0.05%	0.07%	0.05%
PWR	B	0.15%	0.14%	0.14%
QCOM	D	0.69%	0.61%	0.61%
QRVO	F	0.01%	0.03%	0.01%
REGN	D	0.48%	0.36%	0.36%
RL	B	0.04%	0.02%	0.02%
RMD	C	0.13%	0.11%	0.11%
ROL	C	0.05%	0.05%	0.05%
ROP	C	0.06%	0.19%	0.06%
ROST	C	0.08%	0.17%	0.08%
RSG	D	0.13%	0.14%	0.13%
SHW	B	0.22%	0.29%	0.22%
SLB	F	0.1%	0.19%	0.1%
SMCI	F	0.16%	0.07%	0.07%
STE	B	0.13%	0.08%	0.08%
STLD	C	0.05%	0.06%	0.05%
TER	C	0.04%	0.07%	0.04%
TFX	B	0.03%	0.04%	0.03%
TGT	C	0.74%	0.23%	0.23%
TJX	C	0.36%	0.43%	0.36%
TSCO	B	0.07%	0.1%	0.07%
TXN	B	0.22%	0.61%	0.22%
TYL	C	0.08%	0.08%	0.08%
UBER	C	0.24%	0.53%	0.24%
ULTA	D	0.05%	0.06%	0.05%
UNP	D	0.5%	0.49%	0.49%
UPS	D	0.2%	0.31%	0.2%
VLO	F	0.58%	0.14%	0.14%
VMC	C	0.07%	0.11%	0.07%
VRSN	C	0.04%	0.05%	0.04%
WAB	B	0.05%	0.1%	0.05%
WAT	B	0.05%	0.07%	0.05%
WBA	F	0.15%	0.02%	0.02%
WM	D	0.24%	0.25%	0.24%
WST	D	0.05%	0.07%	0.05%
XOM	D	1.08%	1.65%	1.08%
XYL	C	0.12%	0.1%	0.1%

MFUS Overweight 615 Positions Relative to SPUS

Symbol	Grade	Weight
BRK.A	C	2.12%
WMT	B	1.99%
WFC	D	1.49%
IBM	B	1.46%
C	C	1.34%
T	B	1.31%
GE	C	1.28%
COST	C	1.28%
ORCL	B	1.26%
AMGN	D	1.1%
VZ	A	1.07%
JPM	D	0.97%
V	C	0.92%
CVS	D	0.88%
CVX	F	0.87%
MA	B	0.85%
MPC	F	0.69%
GM	C	0.65%
KO	B	0.63%
PSX	F	0.59%
PM	C	0.57%
PFE	D	0.56%
PGR	C	0.55%
LMT	A	0.55%
MO	C	0.52%
GS	B	0.49%
NFLX	B	0.48%
CAT	B	0.47%
COF	B	0.47%
AIG	D	0.45%
MCD	B	0.43%
BAC	D	0.42%
INTC	D	0.42%
MET	B	0.41%
ALL	C	0.39%
KR	B	0.38%
F	F	0.37%
TRV	C	0.34%
SYF	C	0.33%
TMUS	B	0.33%
VST	B	0.32%
ICE	C	0.31%
BK	B	0.3%
BMY	C	0.3%
THC	C	0.3%
ANF	D	0.29%
INTU	D	0.28%
CHTR	D	0.27%
PRU	C	0.27%
WSM	C	0.26%
LII	C	0.26%
CMCSA	C	0.26%
BX	C	0.25%
NOC	B	0.24%
CMG	D	0.24%
HPE	C	0.24%
VRTX	D	0.23%
WSO	C	0.23%
TSN	D	0.23%
LYB	D	0.22%
VRSK	D	0.21%
SFM	B	0.21%
AXP	B	0.21%
CME	B	0.21%
MMC	C	0.2%
DVA	B	0.2%
LHX	C	0.2%
AFL	A	0.2%
AON	B	0.2%
DPZ	D	0.19%
MUSA	D	0.18%
GD	C	0.18%
CB	B	0.17%
KHC	C	0.17%
TDG	B	0.17%
UTHR	B	0.17%
SCHW	D	0.17%
SPG	B	0.16%
CASY	D	0.16%
BR	C	0.16%
WDC	C	0.16%
KKR	B	0.15%
HCA	B	0.15%
BAH	B	0.15%
CI	C	0.15%
VTRS	D	0.15%
BRO	C	0.14%
CARR	B	0.14%
DUK	B	0.14%
TRGP	C	0.14%
MAR	B	0.13%
EVR	B	0.13%
HWM	B	0.13%
IP	C	0.13%
UNM	B	0.12%
USB	C	0.12%
FTI	D	0.12%
APO	B	0.12%
CRS	C	0.12%
RPM	B	0.12%
IRM	C	0.12%
YUM	B	0.11%
ARES	B	0.11%
GPK	C	0.11%
PNC	C	0.11%
URI	B	0.11%
JKHY	B	0.11%
MRO	D	0.11%
TOL	A	0.11%
EXC	B	0.11%
WELL	C	0.11%
ALLY	F	0.11%
AEO	D	0.1%
HRB	C	0.1%
ERIE	B	0.1%
USFD	C	0.1%
GPI	B	0.1%
DASH	B	0.1%
JXN	B	0.1%
LUMN	C	0.1%
DKS	D	0.1%
GDDY	C	0.1%
CACI	B	0.1%
UHS	C	0.1%
PCAR	D	0.09%
LECO	D	0.09%
ALSN	B	0.09%
EHC	B	0.09%
OKE	C	0.09%
LDOS	A	0.09%
FOXA	B	0.09%
BWXT	A	0.09%
RS	D	0.09%
ELV	D	0.09%
WCC	C	0.09%
AMP	B	0.09%
L	D	0.09%
MTH	C	0.09%
HLT	B	0.09%
KMI	C	0.09%
ITT	B	0.09%
LSTR	D	0.09%
RCL	B	0.09%
TAP	D	0.09%
EA	D	0.09%
ADP	C	0.09%
LEN	B	0.09%
TMHC	B	0.09%
AN	C	0.09%
CW	B	0.09%
AJG	D	0.09%
TFC	D	0.09%
EQH	C	0.08%
GAP	F	0.08%
OSK	F	0.08%
TTWO	D	0.08%
MSCI	C	0.08%
NRG	B	0.08%
UFPI	C	0.08%
OC	C	0.08%
TTC	F	0.08%
SLG	C	0.08%
AIZ	B	0.08%
EXR	C	0.08%
OGN	D	0.08%
WU	C	0.08%
BALL	C	0.08%
HLI	C	0.08%
DLR	B	0.08%
AYI	B	0.08%
TROW	C	0.08%
FIS	C	0.08%
DFS	C	0.08%
WMB	C	0.08%
EXP	B	0.07%
R	C	0.07%
SCI	C	0.07%
EMN	B	0.07%
SPGI	C	0.07%
NSIT	C	0.07%
GNTX	D	0.07%
CFG	D	0.07%
CRI	D	0.07%
NWSA	D	0.07%
PBF	F	0.07%
BC	C	0.07%
COIN	F	0.07%
SLM	C	0.07%
NVR	B	0.07%
BCC	C	0.07%
VNO	B	0.07%
SEE	C	0.07%
SYY	C	0.07%
TEX	F	0.07%
MLI	B	0.07%
ABG	D	0.07%
THO	C	0.07%
GLPI	C	0.07%
ARW	B	0.07%
CALM	B	0.07%
FCN	C	0.07%
CCK	B	0.07%
LPX	B	0.07%
SEIC	B	0.07%
CMC	D	0.07%
CNX	B	0.07%
ATR	B	0.07%
LPLA	D	0.07%
CE	D	0.07%
IPG	C	0.07%
X	F	0.07%
WPC	C	0.06%
SIG	C	0.06%
SUI	C	0.06%
FDS	C	0.06%
SANM	D	0.06%
IBKR	B	0.06%
KSS	D	0.06%
JLL	B	0.06%
DELL	C	0.06%
FITB	B	0.06%
PEG	B	0.06%
HIG	B	0.06%
URBN	F	0.06%
MMS	B	0.06%
FL	F	0.06%
DG	F	0.06%
HCC	D	0.06%
BERY	B	0.06%
KD	F	0.06%
IVZ	B	0.06%
FIX	B	0.06%
SBUX	C	0.06%
CHE	C	0.06%
TPH	C	0.06%
FLEX	B	0.06%
MHO	B	0.06%
MSM	D	0.06%
KTB	B	0.06%
PK	D	0.06%
INVH	D	0.06%
OMC	B	0.06%
INGR	B	0.06%
TPX	B	0.06%
MOG.A	B	0.05%
ACM	B	0.05%
STZ	C	0.05%
DOW	C	0.05%
CRUS	D	0.05%
LANC	F	0.05%
WHR	C	0.05%
NFG	B	0.05%
FANG	F	0.05%
CLH	C	0.05%
ATI	C	0.05%
KBH	C	0.05%
CUBE	C	0.05%
BTU	C	0.05%
NOV	F	0.05%
BDC	B	0.05%
AVT	B	0.05%
CAG	B	0.05%
SLGN	B	0.05%
PAG	D	0.05%
M	F	0.05%
BEN	F	0.05%
APP	C	0.05%
SMG	B	0.05%
COOP	C	0.05%
BWA	C	0.05%
ATGE	C	0.05%
WTW	B	0.05%
TKR	C	0.05%
AMG	C	0.05%
MUR	F	0.05%
MAC	B	0.05%
MTN	D	0.05%
LOPE	D	0.05%
CBT	B	0.05%
WEN	C	0.05%
RGA	C	0.05%
SKYW	C	0.05%
TXRH	B	0.05%
LNC	C	0.05%
VIRT	C	0.05%
TW	B	0.05%
LAMR	B	0.05%
NYT	B	0.05%
NXST	D	0.05%
FCNCA	D	0.05%
G	C	0.05%
CPAY	B	0.05%
POST	B	0.05%
CCL	C	0.05%
GEO	F	0.04%
PDCO	F	0.04%
GT	F	0.04%
TDS	B	0.04%
SEM	D	0.04%
DBRG	D	0.04%
BHF	F	0.04%
TRN	C	0.04%
VSH	F	0.04%
CVLT	B	0.04%
PAYX	C	0.04%
IFF	A	0.04%
SBH	B	0.04%
BLD	C	0.04%
SLVM	C	0.04%
HBI	A	0.04%
EME	B	0.04%
WTM	F	0.04%
MSA	D	0.04%
JEF	C	0.04%
PSA	C	0.04%
JHG	B	0.04%
UHAL	B	0.04%
JWN	C	0.04%
ACA	B	0.04%
AVTR	C	0.04%
APG	F	0.04%
COLD	D	0.04%
PSTG	F	0.04%
FND	C	0.04%
XPO	D	0.04%
VC	F	0.04%
CPNG	B	0.04%
CMA	C	0.04%
APLE	C	0.04%
DDS	D	0.04%
BAX	C	0.04%
HUBG	C	0.04%
CRBG	C	0.04%
OMF	D	0.04%
AMH	D	0.04%
SON	D	0.04%
OI	D	0.04%
GMS	C	0.04%
AROC	D	0.04%
ASO	D	0.04%
ELS	D	0.04%
FHI	B	0.04%
GATX	D	0.04%
NBIX	F	0.04%
HEI	C	0.04%
SAIA	D	0.04%
OLN	D	0.04%
RGLD	C	0.04%
TGNA	C	0.04%
AES	C	0.04%
ENTG	D	0.04%
ABM	D	0.04%
GNW	C	0.04%
PINS	D	0.04%
CNO	C	0.04%
AR	C	0.04%
PVH	D	0.04%
FLO	C	0.04%
XRAY	D	0.04%
HXL	F	0.04%
PR	F	0.04%
MAN	C	0.04%
GVA	B	0.04%
RRC	D	0.04%
AGNC	B	0.04%
MTG	B	0.04%
DCI	C	0.04%
SRCL	B	0.04%
SEB	D	0.04%
THG	C	0.04%
GGG	C	0.04%
ZTS	B	0.04%
WERN	C	0.03%
PLXS	B	0.03%
PINC	D	0.03%
AXTA	B	0.03%
DRH	C	0.03%
NTRS	C	0.03%
NEU	D	0.03%
VNT	F	0.03%
NDAQ	C	0.03%
BKE	B	0.03%
RYN	C	0.03%
UNF	B	0.03%
COHR	C	0.03%
SHO	C	0.03%
ADNT	D	0.03%
STC	C	0.03%
COKE	C	0.03%
LZB	C	0.03%
TXT	D	0.03%
THS	C	0.03%
DRI	C	0.03%
ZION	D	0.03%
MATX	B	0.03%
NVT	C	0.03%
HOG	C	0.03%
OKTA	F	0.03%
FR	C	0.03%
FNF	B	0.03%
HBAN	B	0.03%
SBAC	C	0.03%
RLI	B	0.03%
SSD	C	0.03%
SJM	C	0.03%
VVV	D	0.03%
BURL	C	0.03%
BKU	D	0.03%
DK	F	0.03%
DLTR	F	0.03%
PRG	C	0.03%
BRKR	D	0.03%
YELP	D	0.03%
BFAM	C	0.03%
NAVI	D	0.03%
UDR	C	0.03%
MC	C	0.03%
AWI	B	0.03%
MDU	B	0.03%
SM	F	0.03%
WH	B	0.03%
HOOD	C	0.03%
MTB	C	0.03%
HP	F	0.03%
MCO	C	0.03%
RPRX	C	0.03%
GBX	D	0.03%
BJ	D	0.03%
MORN	C	0.03%
AVA	B	0.03%
AMKR	F	0.03%
LEA	D	0.03%
WTS	C	0.03%
RUSHA	C	0.03%
DLB	D	0.03%
SHOO	B	0.03%
PRIM	B	0.03%
MKL	C	0.03%
DOX	C	0.03%
MANH	B	0.03%
DINO	F	0.03%
CWEN	A	0.02%
LAUR	C	0.02%
OLLI	C	0.02%
ESNT	B	0.02%
PTEN	F	0.02%
KEX	C	0.02%
DAN	D	0.02%
RJF	C	0.02%
BHE	C	0.02%
BMRN	F	0.02%
TTEK	C	0.02%
PHIN	C	0.02%
EVRG	B	0.02%
SCS	D	0.02%
WAL	B	0.02%
DNOW	F	0.02%
CSL	B	0.02%
SATS	C	0.02%
PARA	D	0.02%
LXP	C	0.02%
VFC	B	0.02%
NWL	C	0.02%
CHDN	D	0.02%
APOG	B	0.02%
RHI	D	0.02%
LEG	D	0.02%
SNDR	B	0.02%
EWBC	C	0.02%
ODP	F	0.02%
HNI	C	0.02%
BXP	C	0.02%
ANDE	D	0.02%
DORM	C	0.02%
GES	F	0.02%
OSIS	C	0.02%
MCY	C	0.02%
HST	D	0.02%
SAM	D	0.02%
IGT	D	0.02%
XRX	D	0.02%
GWRE	B	0.02%
BBWI	D	0.02%
LBRDK	C	0.02%
CC	D	0.02%
SNAP	D	0.02%
DXC	D	0.02%
PMT	C	0.02%
CINF	C	0.02%
RLJ	D	0.02%
AGCO	D	0.02%
EPC	F	0.02%
NTCT	C	0.02%
XHR	B	0.02%
SXT	B	0.02%
KBR	D	0.02%
GHC	B	0.02%
NSP	F	0.02%
AIT	B	0.02%
VSTO	C	0.02%
PSN	B	0.02%
REZI	D	0.02%
MKTX	D	0.02%
FLS	C	0.02%
GMED	D	0.02%
CXW	F	0.02%
HAE	D	0.02%
WMS	D	0.02%
CTLT	B	0.02%
KMPR	D	0.02%
GEF	C	0.02%
HII	F	0.02%
SKX	C	0.02%
KEY	C	0.02%
ORA	B	0.02%
PFSI	C	0.02%
LNW	F	0.02%
CHRD	F	0.02%
AIR	D	0.02%
WRB	D	0.02%
AA	C	0.02%
EXEL	C	0.02%
TDC	D	0.02%
MASI	C	0.02%
FAF	B	0.02%
PNM	B	0.02%
APAM	C	0.02%
CG	C	0.02%
KNX	C	0.01%
AAP	F	0.01%
SCHL	D	0.01%
UHAL	B	0.01%
SCL	D	0.01%
ARCH	D	0.01%
JAZZ	D	0.01%
KALU	D	0.01%
LYFT	D	0.01%
CACC	F	0.01%
ACI	F	0.01%
MKSI	F	0.01%
UVV	D	0.01%
ESI	C	0.01%
SCCO	C	0.01%
SWN	C	0.01%
UAL	B	0.01%
TPR	A	0.01%
ECPG	D	0.01%
WGO	D	0.01%
ELAN	D	0.01%
HUN	C	0.01%
SWX	C	0.01%
MTDR	F	0.01%
MLKN	F	0.01%
HELE	D	0.01%
HRL	F	0.01%
WOR	F	0.01%
BECN	F	0.01%
SIGI	D	0.01%
SYNA	D	0.01%
PECO	C	0.01%
AMED	D	0.01%
PFG	B	0.01%
ESAB	C	0.01%
HPP	F	0.01%
CENTA	F	0.01%
AFG	C	0.01%
WAFD	D	0.01%
FHN	D	0.01%
FLR	D	0.01%
LVS	C	0.01%
BRC	B	0.01%
CNM	F	0.01%
SPB	B	0.01%
JELD	D	0.01%
DTM	C	0.01%
JBGS	C	0.01%
FELE	B	0.01%
WMK	D	0.01%
KN	D	0.01%
WTFC	C	0.01%
TTMI	D	0.01%
SAIC	C	0.01%
ARCB	D	0.01%
CADE	C	0.01%
DY	C	0.01%
CBSH	D	0.01%
ONB	D	0.01%
STRA	F	0.01%
CPB	C	0.01%
CSGS	C	0.01%
CR	B	0.01%
CPRI	D	0.01%
SF	B	0.01%
WWD	C	0.01%
WBS	C	0.01%
CBRL	D	0.01%
RBC	B	0.01%
H	B	0.01%
TREX	F	0.01%
LADR	D	0.01%
GOLF	F	0.01%
DEI	B	0.01%
NNI	C	0.01%
CVI	F	0.01%
SAH	D	0.01%
AMWD	C	0.01%
IOSP	F	0.01%
LAD	B	0.01%
OMI	D	0.01%
TNET	F	0.01%
FYBR	C	0.01%
SNV	D	0.01%
PSMT	B	0.01%
NOMD	C	0.0%
WOLF	F	0.0%

MFUS Underweight 60 Positions Relative to SPUS

Symbol	Grade	Weight
MSFT	C	-10.42%
GOOG	D	-2.54%
TSLA	C	-2.31%
AMD	C	-0.85%
TMO	B	-0.74%
LIN	B	-0.74%
ABT	C	-0.64%
ISRG	C	-0.56%
HON	C	-0.44%
SYK	C	-0.4%
PLD	C	-0.38%
MDT	B	-0.37%
ADI	C	-0.36%
TT	B	-0.28%
SNPS	F	-0.25%
CDNS	D	-0.24%
APD	B	-0.21%
NXPI	D	-0.19%
DHI	C	-0.18%
NSC	C	-0.18%
JCI	B	-0.16%
KVUE	B	-0.14%
TEL	D	-0.14%
EW	F	-0.13%
AME	C	-0.13%
MCHP	D	-0.13%
HES	F	-0.12%
CTSH	B	-0.12%
AVB	C	-0.11%
ON	D	-0.1%
LULU	D	-0.1%
KEYS	B	-0.09%
GRMN	D	-0.09%
FTV	C	-0.09%
DXCM	F	-0.09%
VLTO	B	-0.09%
ROK	D	-0.09%
WY	C	-0.08%
DVN	F	-0.08%
EQR	C	-0.08%
FSLR	C	-0.08%
EL	D	-0.07%
ZBH	F	-0.07%
EXPE	C	-0.06%
APTV	D	-0.06%
ZBRA	B	-0.06%
MAA	C	-0.06%
J	A	-0.06%
TRMB	C	-0.05%
CF	B	-0.05%
ENPH	D	-0.05%
SWKS	F	-0.05%
PODD	C	-0.05%
EPAM	F	-0.04%
TECH	C	-0.04%
ALLE	B	-0.04%
PAYC	D	-0.03%
CRL	F	-0.03%
ALB	D	-0.03%
LKQ	F	-0.03%