PRF vs. MFDX ETF Comparison

Comparison of Powershares FTSE RAFI US 1000 Portfolio (PRF) to PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX)

PRF

Powershares FTSE RAFI US 1000 Portfolio

PRF Description

The PowerShares FTSE RAFI US 1000 Portfolio (Fund) is based on the FTSE RAFI US 1000 Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of the largest US equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The 1,000 equities with the highest fundamental strength are weighted by their fundamental scores. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$40.50

Average Daily Volume

286,848

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

MFDX

PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF

MFDX Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets 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 Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC 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 and momentum.

Grade (RS Rating)

Last Trade

$32.60

Average Daily Volume

18,677

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PRF	MFDX
30 Days	2.23%	2.58%
60 Days	3.66%	6.54%
90 Days	7.21%	7.71%
12 Months	29.04%	20.97%

14 Overlapping Holdings

Symbol	Grade	Weight in PRF	Weight in MFDX	Overlap
ABBV	B	0.67%	0.67%	0.67%
AER	C	0.09%	0.01%	0.01%
AGCO	D	0.03%	0.03%	0.03%
ALLE	B	0.02%	0.05%	0.02%
ALV	F	0.03%	0.04%	0.03%
CCEP	C	0.05%	0.06%	0.05%
CHKP	B	0.02%	0.13%	0.02%
GRMN	D	0.05%	0.21%	0.05%
ICLR	F	0.04%	0.11%	0.04%
LULU	D	0.02%	0.06%	0.02%
MDT	B	0.37%	0.35%	0.35%
NXPI	D	0.09%	0.32%	0.09%
SPOT	C	0.03%	0.16%	0.03%
TT	B	0.1%	0.33%	0.1%

PRF Overweight 962 Positions Relative to MFDX

Symbol	Grade	Weight
AAPL	C	2.38%
BRK.A	C	2.37%
XOM	D	2.22%
MSFT	C	1.98%
JPM	D	1.98%
AMZN	C	1.61%
VZ	A	1.32%
BAC	D	1.26%
T	B	1.17%
WMT	B	1.1%
C	C	1.09%
CVX	F	1.07%
UNH	C	1.06%
JNJ	C	1.03%
WFC	D	1.02%
GOOGL	D	0.99%
META	B	0.96%
PFE	D	0.91%
GOOG	D	0.84%
CMCSA	C	0.75%
PG	C	0.75%
HD	B	0.72%
GS	B	0.69%
GM	C	0.69%
PM	C	0.64%
CVS	D	0.58%
CSCO	B	0.58%
COST	C	0.57%
IBM	B	0.56%
KO	B	0.54%
PEP	D	0.53%
AVGO	C	0.51%
MRK	F	0.5%
RTX	B	0.49%
MO	C	0.48%
MS	B	0.45%
MMM	B	0.44%
NEE	B	0.43%
DUK	B	0.43%
CI	C	0.42%
COP	F	0.42%
F	F	0.4%
ELV	D	0.39%
MCK	F	0.39%
INTC	D	0.39%
SO	B	0.38%
LMT	A	0.37%
DIS	D	0.37%
AMGN	D	0.37%
COF	B	0.36%
BMY	C	0.36%
USB	C	0.36%
GILD	B	0.35%
TXN	B	0.35%
PNC	C	0.34%
QCOM	D	0.34%
LOW	B	0.34%
MPC	F	0.34%
VLO	F	0.34%
TFC	D	0.34%
FDX	D	0.33%
UPS	D	0.33%
CAT	B	0.33%
ABT	C	0.32%
TGT	C	0.31%
AIG	D	0.31%
CB	B	0.31%
TSLA	C	0.3%
KR	B	0.3%
ORCL	B	0.3%
LIN	B	0.3%
PSX	F	0.3%
BLK	B	0.3%
TMUS	B	0.29%
CNC	D	0.29%
MU	D	0.29%
MCD	B	0.29%
MET	B	0.29%
D	C	0.28%
AXP	B	0.28%
HON	C	0.27%
UNP	D	0.27%
CAH	C	0.27%
EOG	D	0.26%
ADM	D	0.26%
BK	B	0.26%
TMO	B	0.26%
GE	C	0.25%
PGR	C	0.25%
KMI	C	0.25%
LLY	D	0.25%
ACN	C	0.24%
V	C	0.24%
DOW	C	0.23%
TRV	C	0.23%
AEP	C	0.23%
PRU	C	0.23%
DE	A	0.23%
NEM	C	0.22%
NVDA	C	0.22%
CHTR	D	0.22%
MDLZ	C	0.22%
AFL	A	0.21%
EXC	B	0.21%
WMB	C	0.2%
ALL	C	0.2%
CRM	C	0.2%
DHR	B	0.19%
HCA	B	0.19%
ADI	C	0.19%
PYPL	B	0.19%
TJX	C	0.19%
GD	C	0.19%
SBUX	C	0.18%
PLD	C	0.18%
NFLX	B	0.18%
SRE	B	0.18%
SYF	C	0.18%
SPGI	C	0.18%
NOC	B	0.18%
AMT	C	0.18%
HPQ	C	0.18%
LYB	D	0.17%
ED	B	0.17%
DFS	C	0.17%
MA	B	0.17%
DD	B	0.17%
HPE	C	0.17%
ETN	C	0.17%
AMD	C	0.17%
WELL	C	0.16%
KHC	C	0.16%
OKE	C	0.16%
HUM	F	0.16%
JCI	B	0.16%
EIX	B	0.15%
KMB	C	0.15%
CFG	D	0.15%
FIS	C	0.15%
DHI	C	0.15%
FCX	C	0.15%
PEG	B	0.15%
BBY	A	0.15%
CL	C	0.15%
APD	B	0.15%
SCHW	D	0.15%
TSN	D	0.15%
REGN	D	0.15%
STT	B	0.15%
GIS	B	0.15%
CMI	B	0.14%
PPL	A	0.14%
BDX	D	0.14%
FITB	B	0.14%
SLB	F	0.14%
ETR	A	0.14%
CCI	C	0.14%
CSX	C	0.14%
MTB	C	0.14%
MMC	C	0.14%
XEL	B	0.14%
SYY	C	0.14%
IP	C	0.14%
LEN	B	0.14%
WBD	D	0.14%
CME	B	0.14%
HIG	B	0.14%
ICE	C	0.13%
PCAR	D	0.13%
THC	C	0.13%
NSC	C	0.13%
CEG	C	0.13%
BA	F	0.13%
NKE	D	0.13%
AMAT	D	0.13%
ADP	C	0.13%
OXY	F	0.13%
PARA	D	0.12%
KKR	B	0.12%
ADBE	F	0.12%
SPG	B	0.12%
BG	F	0.12%
BSX	B	0.12%
WBA	F	0.12%
WM	D	0.12%
ES	B	0.12%
CBRE	B	0.12%
DLR	B	0.12%
SYK	C	0.12%
GLW	B	0.12%
BX	C	0.12%
NUE	D	0.12%
ITW	B	0.12%
CARR	B	0.12%
EMR	D	0.12%
HBAN	B	0.11%
DTE	A	0.11%
PFG	B	0.11%
KEY	C	0.11%
O	B	0.11%
KDP	B	0.11%
DVN	F	0.11%
ZIM	B	0.11%
WDC	C	0.11%
PCG	C	0.11%
WEC	B	0.11%
LHX	C	0.11%
BIIB	F	0.11%
VTR	C	0.11%
FE	B	0.11%
RF	B	0.11%
IFF	A	0.1%
EQIX	B	0.1%
EBAY	B	0.1%
CTSH	B	0.1%
ARW	B	0.1%
TEL	D	0.1%
NRG	B	0.1%
PH	B	0.1%
WY	C	0.1%
CTVA	B	0.1%
BKR	C	0.1%
VST	B	0.1%
URI	B	0.1%
BKNG	B	0.09%
AVB	C	0.09%
IRM	C	0.09%
VRTX	D	0.09%
NTRS	C	0.09%
JXN	B	0.09%
SWK	B	0.09%
TROW	C	0.09%
VTRS	D	0.09%
AEE	B	0.09%
EQR	C	0.09%
INTU	D	0.09%
SHW	B	0.09%
LUMN	C	0.09%
EVRG	B	0.08%
APH	C	0.08%
CMS	B	0.08%
VICI	C	0.08%
TDG	B	0.08%
MKL	C	0.08%
FANG	F	0.08%
ALLY	F	0.08%
GEV	B	0.08%
ECL	B	0.08%
LRCX	D	0.08%
PSA	C	0.08%
CAG	B	0.08%
KMX	D	0.08%
K	A	0.08%
ACGL	B	0.08%
PHM	B	0.08%
TRGP	C	0.08%
OMC	B	0.08%
USFD	C	0.08%
AMP	B	0.08%
GEHC	B	0.08%
KLAC	D	0.07%
AA	C	0.07%
GPN	D	0.07%
JLL	B	0.07%
ROST	C	0.07%
BXP	C	0.07%
IQV	D	0.07%
FYBR	C	0.07%
AON	B	0.07%
ROP	C	0.07%
HAL	F	0.07%
WTW	B	0.07%
UNM	B	0.07%
AJG	D	0.07%
FLEX	B	0.07%
PAYX	C	0.07%
AZO	B	0.07%
DGX	B	0.07%
FNF	B	0.07%
CTRA	F	0.07%
EMN	B	0.07%
STZ	C	0.07%
PPG	C	0.07%
PFGC	B	0.07%
MRO	D	0.07%
CNP	C	0.07%
DOC	B	0.07%
ARE	C	0.07%
MRNA	F	0.07%
CHRW	B	0.07%
AES	C	0.07%
CINF	C	0.07%
ISRG	C	0.07%
STX	B	0.07%
ACI	F	0.07%
MRVL	D	0.06%
AN	C	0.06%
VNO	B	0.06%
IVZ	B	0.06%
LNT	A	0.06%
CTAS	C	0.06%
CNH	C	0.06%
OTIS	B	0.06%
ORI	B	0.06%
WAB	B	0.06%
PKG	B	0.06%
LDOS	A	0.06%
EQT	C	0.06%
MOH	D	0.06%
WHR	C	0.06%
ORLY	B	0.06%
NTAP	D	0.06%
CF	B	0.06%
CCL	C	0.06%
SOLV	D	0.06%
UHS	C	0.06%
PNW	C	0.06%
R	C	0.06%
LNG	D	0.06%
RGA	C	0.06%
SQ	D	0.06%
MCHP	D	0.06%
NI	B	0.06%
MOS	F	0.06%
L	D	0.06%
JEF	C	0.06%
MCO	C	0.06%
LNC	C	0.06%
MPW	C	0.06%
RSG	D	0.06%
BAX	C	0.06%
DG	F	0.06%
GPC	D	0.06%
ZTS	B	0.06%
BLDR	C	0.06%
VFC	B	0.06%
AWK	C	0.06%
MHK	B	0.06%
STLD	C	0.06%
MSI	B	0.06%
LEA	D	0.05%
APA	F	0.05%
BERY	B	0.05%
DLTR	F	0.05%
DXC	D	0.05%
ACM	B	0.05%
RS	D	0.05%
TXT	D	0.05%
TAP	D	0.05%
ZBH	F	0.05%
TSCO	B	0.05%
ROK	D	0.05%
HAS	B	0.05%
CLX	C	0.05%
KD	F	0.05%
OC	C	0.05%
BJ	D	0.05%
JBL	C	0.05%
KIM	C	0.05%
WCC	C	0.05%
SWN	C	0.05%
FOXA	B	0.05%
DRI	C	0.05%
BAP	B	0.05%
IPG	C	0.05%
MKC	C	0.05%
UGI	B	0.05%
HSY	D	0.05%
LAD	B	0.05%
MAR	B	0.05%
OMF	D	0.05%
GWW	B	0.05%
INVH	D	0.05%
UBER	C	0.05%
EG	B	0.05%
NVR	B	0.05%
ESS	C	0.05%
EQH	C	0.05%
CDW	D	0.05%
YUM	B	0.05%
SJM	C	0.05%
TOL	A	0.05%
CMA	C	0.05%
BWA	C	0.05%
BALL	C	0.05%
M	F	0.05%
HES	F	0.05%
X	F	0.05%
DOV	B	0.05%
RJF	C	0.05%
APTV	D	0.05%
MAA	C	0.05%
PWR	B	0.05%
FAST	C	0.05%
AFG	C	0.05%
CRBG	C	0.05%
ATO	B	0.05%
UTHR	B	0.04%
APO	B	0.04%
BEN	F	0.04%
EFX	C	0.04%
EWBC	C	0.04%
AVT	B	0.04%
INGR	B	0.04%
UAL	B	0.04%
HRL	F	0.04%
HSIC	C	0.04%
SNA	B	0.04%
TTWO	D	0.04%
FSLR	C	0.04%
RMD	C	0.04%
DKS	D	0.04%
TDY	B	0.04%
CASY	D	0.04%
WRB	D	0.04%
MTH	C	0.04%
CE	D	0.04%
RCL	B	0.04%
SSNC	C	0.04%
EME	B	0.04%
AIZ	B	0.04%
FMC	B	0.04%
CPT	C	0.04%
REG	C	0.04%
CPB	C	0.04%
ZION	D	0.04%
SFM	B	0.04%
EA	D	0.04%
HST	D	0.04%
UDR	C	0.04%
OVV	F	0.04%
MLM	D	0.04%
HOLX	D	0.04%
AR	C	0.04%
SLG	C	0.04%
WSM	C	0.04%
TMHC	B	0.04%
DVA	B	0.04%
HWM	B	0.04%
PBF	F	0.04%
OGE	B	0.04%
AME	C	0.04%
KSS	D	0.04%
VMC	C	0.04%
DINO	F	0.04%
MTZ	C	0.04%
SNX	C	0.04%
HBI	A	0.04%
MGM	D	0.04%
A	C	0.04%
J	A	0.04%
TDS	B	0.04%
STWD	B	0.04%
EXR	C	0.04%
SWKS	F	0.04%
GPI	B	0.04%
FAF	B	0.04%
SUI	C	0.04%
WPC	C	0.04%
CCK	B	0.04%
ON	D	0.04%
EXPD	B	0.04%
OGN	D	0.04%
CHK	C	0.04%
FHN	D	0.04%
LKQ	F	0.04%
AVTR	C	0.04%
GAP	F	0.03%
BRO	C	0.03%
FL	F	0.03%
HOOD	C	0.03%
BECN	F	0.03%
CSGP	D	0.03%
OSK	F	0.03%
HOG	C	0.03%
VLY	D	0.03%
AMH	D	0.03%
ODFL	D	0.03%
MDU	B	0.03%
VRSK	D	0.03%
SON	D	0.03%
FRT	C	0.03%
NXST	D	0.03%
GL	D	0.03%
CNO	C	0.03%
DOX	C	0.03%
SCI	C	0.03%
ULTA	D	0.03%
TER	C	0.03%
CG	C	0.03%
FNB	D	0.03%
JBHT	D	0.03%
QRVO	F	0.03%
TPH	C	0.03%
AKAM	D	0.03%
PNR	B	0.03%
CPRT	D	0.03%
SANM	D	0.03%
HRB	C	0.03%
KBH	C	0.03%
AL	C	0.03%
DTM	C	0.03%
NWSA	D	0.03%
PK	D	0.03%
WTRG	D	0.03%
FLR	D	0.03%
OLN	D	0.03%
TPR	A	0.03%
PB	D	0.03%
KRC	C	0.03%
AGNC	B	0.03%
ELAN	D	0.03%
JHG	B	0.03%
HUN	C	0.03%
CLF	F	0.03%
CPNG	B	0.03%
BAH	B	0.03%
RIG	F	0.03%
CTLT	B	0.03%
AXS	B	0.03%
ALB	D	0.03%
COOP	C	0.03%
SF	B	0.03%
THO	C	0.03%
LAMR	B	0.03%
COHR	C	0.03%
JWN	C	0.03%
FCNCA	D	0.03%
SNPS	F	0.03%
WBS	C	0.03%
LVS	C	0.03%
HUBB	B	0.03%
BRX	C	0.03%
MNST	D	0.03%
EW	F	0.03%
WSO	C	0.03%
KEYS	B	0.03%
TWLO	C	0.03%
BR	C	0.03%
CPAY	B	0.03%
RRX	C	0.03%
STE	B	0.03%
HLT	B	0.03%
WU	C	0.03%
KNX	C	0.03%
GLPI	C	0.03%
CMG	D	0.03%
EXPE	C	0.03%
OHI	C	0.03%
XYL	C	0.03%
MAN	C	0.03%
BPOP	C	0.03%
PENN	D	0.03%
TRU	B	0.03%
RPM	B	0.03%
SNV	D	0.03%
VOYA	B	0.03%
EL	D	0.03%
CSL	B	0.03%
CACI	B	0.03%
MUSA	D	0.03%
WAL	B	0.03%
NOW	C	0.03%
ARMK	B	0.03%
IR	B	0.03%
GT	F	0.03%
BURL	C	0.03%
ANET	C	0.03%
DAL	C	0.03%
CZR	C	0.03%
JNPR	A	0.03%
HII	F	0.03%
NDAQ	C	0.03%
CHD	C	0.03%
NWL	C	0.03%
GPK	C	0.03%
FTV	C	0.03%
AVY	C	0.03%
ABG	D	0.03%
MAS	B	0.03%
ZBRA	B	0.03%
NOMD	C	0.02%
LITE	B	0.02%
RGLD	C	0.02%
FDS	C	0.02%
GEO	F	0.02%
SFNC	C	0.02%
HP	F	0.02%
THS	C	0.02%
APG	F	0.02%
FCN	C	0.02%
ATI	C	0.02%
TTC	F	0.02%
GGG	C	0.02%
W	C	0.02%
GATX	D	0.02%
VMI	C	0.02%
Z	C	0.02%
MMS	B	0.02%
IRT	C	0.02%
VRT	C	0.02%
APLE	C	0.02%
COIN	F	0.02%
MSM	D	0.02%
STAG	D	0.02%
OUT	B	0.02%
PLXS	B	0.02%
GMS	C	0.02%
MTN	D	0.02%
CSTM	D	0.02%
ASGN	D	0.02%
WLK	C	0.02%
HLF	F	0.02%
BTU	C	0.02%
JKHY	B	0.02%
AYI	B	0.02%
GME	D	0.02%
CHRD	F	0.02%
SMG	B	0.02%
FULT	D	0.02%
EXEL	C	0.02%
LYV	A	0.02%
RL	B	0.02%
DECK	C	0.02%
ACHC	D	0.02%
HUBG	C	0.02%
BCO	B	0.02%
FHB	D	0.02%
SIG	C	0.02%
AGO	D	0.02%
LSTR	D	0.02%
HE	F	0.02%
LUV	C	0.02%
WAT	B	0.02%
COLB	B	0.02%
UMBF	C	0.02%
NDSN	C	0.02%
ABCB	C	0.02%
RH	C	0.02%
IAC	C	0.02%
NVST	D	0.02%
LEG	D	0.02%
KRG	C	0.02%
DPZ	D	0.02%
HOMB	D	0.02%
AVA	B	0.02%
POOL	C	0.02%
CW	B	0.02%
AOS	B	0.02%
XRX	D	0.02%
ADC	C	0.02%
PCH	C	0.02%
TYL	C	0.02%
SLGN	B	0.02%
DK	F	0.02%
NJR	C	0.02%
XPO	D	0.02%
TKR	C	0.02%
VSCO	C	0.02%
ALE	A	0.02%
DCI	C	0.02%
TRN	C	0.02%
PRI	B	0.02%
CC	D	0.02%
CPRI	D	0.02%
TNL	C	0.02%
G	C	0.02%
GDDY	C	0.02%
MKSI	F	0.02%
KMPR	D	0.02%
PAG	D	0.02%
EPR	C	0.02%
CR	B	0.02%
CBT	B	0.02%
OI	D	0.02%
ADNT	D	0.02%
BLD	C	0.02%
PNM	B	0.02%
CRL	F	0.02%
FLS	C	0.02%
ITT	B	0.02%
ADSK	B	0.02%
RPRX	C	0.02%
AGR	C	0.02%
TCBI	C	0.02%
AVNT	B	0.02%
SRCL	B	0.02%
SEM	D	0.02%
FLO	C	0.02%
NAVI	D	0.02%
NWE	A	0.02%
NVT	C	0.02%
LBRDK	C	0.02%
ALGN	D	0.02%
SLVM	C	0.02%
REXR	C	0.02%
JAZZ	D	0.02%
GBCI	C	0.02%
SM	F	0.02%
ATR	B	0.02%
PHIN	C	0.02%
INCY	C	0.02%
ESNT	B	0.02%
DY	C	0.02%
ASB	D	0.02%
SR	B	0.02%
CBSH	D	0.02%
TFX	B	0.02%
KBR	D	0.02%
CIEN	B	0.02%
RHI	D	0.02%
BKU	D	0.02%
LNW	F	0.02%
MIDD	C	0.02%
SLM	C	0.02%
HWC	D	0.02%
MLI	B	0.02%
IDA	B	0.02%
OGS	B	0.02%
ST	D	0.02%
SEE	C	0.02%
MSCI	C	0.02%
BC	C	0.02%
FFIV	B	0.02%
OZK	F	0.02%
SAIC	C	0.02%
RIVN	F	0.02%
LII	C	0.02%
CDNS	D	0.02%
CADE	C	0.02%
IEX	C	0.02%
SCCO	C	0.02%
UHAL	B	0.02%
MTD	C	0.02%
MAT	D	0.02%
IT	C	0.02%
DASH	B	0.02%
ELS	D	0.02%
TGNA	C	0.02%
CFR	C	0.02%
PVH	D	0.02%
MELI	C	0.02%
ALSN	B	0.02%
EVR	B	0.02%
THG	C	0.02%
GNRC	D	0.02%
MHO	B	0.02%
CBOE	C	0.02%
AMG	C	0.02%
MAC	B	0.02%
NOV	F	0.02%
EHC	B	0.02%
ANSS	D	0.02%
UBSI	D	0.02%
RNR	B	0.02%
KEX	C	0.02%
COLD	D	0.02%
DEI	B	0.02%
ONB	D	0.02%
RUN	D	0.02%
ABM	D	0.02%
UFPI	C	0.02%
LPLA	D	0.02%
LPX	B	0.02%
POST	B	0.02%
AAP	F	0.02%
SBAC	C	0.02%
WTFC	C	0.02%
ILMN	D	0.02%
ZM	C	0.02%
CAR	D	0.02%
PII	D	0.02%
SBRA	C	0.02%
BHF	F	0.02%
MTG	B	0.02%
BKH	B	0.02%
PRGO	F	0.02%
CWK	B	0.02%
FTI	D	0.02%
RDN	D	0.02%
NSIT	C	0.02%
BBWI	D	0.02%
CNX	B	0.02%
SKX	C	0.02%
BCC	C	0.02%
SSB	C	0.02%
TRMB	C	0.02%
PNFP	C	0.02%
GNW	C	0.02%
CUBE	C	0.02%
NNN	B	0.02%
CLH	C	0.02%
VLTO	B	0.02%
CMC	D	0.02%
CUZ	C	0.02%
NFG	B	0.02%
FOX	B	0.02%
MUR	F	0.02%
BIO	C	0.02%
DAR	F	0.02%
HIW	C	0.02%
BXMT	C	0.02%
SWX	C	0.02%
AXTA	B	0.02%
GXO	D	0.02%
POR	B	0.02%
HELE	D	0.01%
PARR	F	0.01%
SMCI	F	0.01%
NUS	F	0.01%
FIVE	D	0.01%
HEI	C	0.01%
ZG	C	0.01%
LEN	B	0.01%
AMR	D	0.01%
SNOW	F	0.01%
DXCM	F	0.01%
UAA	C	0.01%
CBRL	D	0.01%
UA	C	0.01%
GTN	D	0.01%
WSC	D	0.01%
ARCB	D	0.01%
NWS	D	0.01%
HEI	C	0.01%
STNE	F	0.01%
XP	D	0.01%
CNXC	F	0.01%
CLVT	D	0.01%
ODP	F	0.01%
ATKR	F	0.01%
IGT	D	0.01%
OPEN	F	0.01%
DIOD	F	0.01%
CABO	F	0.01%
BXC	D	0.01%
RLJ	D	0.01%
OPCH	C	0.01%
URBN	F	0.01%
JELD	D	0.01%
AMN	F	0.01%
HTZ	F	0.01%
BGS	D	0.01%
MLKN	F	0.01%
CRC	C	0.01%
TROX	D	0.01%
VSTS	D	0.01%
SAIA	D	0.01%
GTLS	F	0.01%
LGIH	D	0.01%
ENOV	F	0.01%
PINC	D	0.01%
CXW	F	0.01%
BYD	C	0.01%
AXL	F	0.01%
NSP	F	0.01%
VSAT	F	0.01%
CRI	D	0.01%
DRH	C	0.01%
EGP	C	0.01%
UVV	D	0.01%
APAM	C	0.01%
SITE	D	0.01%
CGNX	F	0.01%
ARCH	D	0.01%
ARI	F	0.01%
PDCO	F	0.01%
WH	B	0.01%
EPAM	F	0.01%
KMT	B	0.01%
AMKR	F	0.01%
LECO	D	0.01%
FTNT	B	0.01%
EEFT	F	0.01%
UNIT	C	0.01%
BWXT	A	0.01%
HPP	F	0.01%
TEX	F	0.01%
PTC	C	0.01%
TTMI	D	0.01%
OKTA	F	0.01%
PMT	C	0.01%
MTDR	F	0.01%
GEF	C	0.01%
RYN	C	0.01%
RLI	B	0.01%
SEIC	B	0.01%
ESI	C	0.01%
ANDE	D	0.01%
RRC	D	0.01%
LXP	C	0.01%
UCBI	B	0.01%
LFUS	C	0.01%
PPBI	D	0.01%
VSH	F	0.01%
VNT	F	0.01%
SPB	B	0.01%
BMRN	F	0.01%
ESAB	C	0.01%
TPX	B	0.01%
ABNB	D	0.01%
PECO	C	0.01%
SIGI	D	0.01%
OMI	D	0.01%
INDB	D	0.01%
BOKF	C	0.01%
ASH	F	0.01%
ALIT	D	0.01%
AUB	D	0.01%
FR	C	0.01%
WYNN	C	0.01%
AAL	D	0.01%
FFBC	D	0.01%
ENTG	D	0.01%
FIBK	C	0.01%
AM	B	0.01%
WERN	C	0.01%
HRI	C	0.01%
SBH	B	0.01%
AEO	D	0.01%
FUL	D	0.01%
AIT	B	0.01%
PFSI	C	0.01%
LW	D	0.01%
WEX	C	0.01%
GNTX	D	0.01%
WST	D	0.01%
CATY	C	0.01%
ABR	B	0.01%
CCS	C	0.01%
ENS	C	0.01%
DAN	D	0.01%
HCC	D	0.01%
UNFI	B	0.01%
VAC	D	0.01%
LCII	C	0.01%
WDAY	D	0.01%
GHC	B	0.01%
JBGS	C	0.01%
FND	C	0.01%
VEEV	C	0.01%
GRAB	B	0.01%
RXO	D	0.01%
SOFI	D	0.01%
TXRH	B	0.01%
MC	C	0.01%
CIVI	F	0.01%
ARES	B	0.01%
ASO	D	0.01%
CNM	F	0.01%
XRAY	D	0.01%
KNF	C	0.01%
WWD	C	0.01%
MTCH	C	0.01%
RUSHA	C	0.01%
BDN	C	0.01%
REZI	D	0.01%
ESGR	D	0.01%
IDXX	D	0.01%
UHAL	B	0.0%
SEDG	F	0.0%
LBRDA	C	0.0%

PRF Underweight 38 Positions Relative to MFDX

Symbol	Grade	Weight
UL	B	-1.18%
NVS	C	-0.65%
MUFG	D	-0.32%
ARM	C	-0.28%
MFG	D	-0.28%
SMFG	D	-0.24%
BCS	B	-0.24%
TM	D	-0.21%
HMC	D	-0.19%
WCN	D	-0.19%
CNI	D	-0.16%
SE	B	-0.16%
DEO	C	-0.15%
LOGI	D	-0.14%
TEVA	D	-0.1%
GOLD	C	-0.1%
LYG	B	-0.1%
RBA	D	-0.09%
WFG	B	-0.08%
E	D	-0.08%
NMR	F	-0.06%
STLA	F	-0.06%
QGEN	C	-0.04%
WIX	C	-0.04%
FRO	D	-0.03%
PDS	F	-0.03%
AEI	C	-0.03%
CYBR	B	-0.03%
TNK	D	-0.02%
ASND	C	-0.02%
DOOO	F	-0.02%
MNDY	C	-0.02%
SONY	C	-0.02%
SFL	D	-0.01%
YY	C	-0.01%
IAG	C	-0.01%
MBAVU	D	-0.0%
CSIQ	D	-0.0%