RAFE vs. VLUE ETF Comparison

Comparison of PIMCO RAFI ESG U.S. ETF (RAFE) to iShares MSCI USA Value Factor (VLUE)

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$37.82

Average Daily Volume

12,485

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$114.13

Average Daily Volume

324,164

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

Performance

Period	RAFE	VLUE
30 Days	1.92%	4.45%
60 Days	3.06%	5.68%
90 Days	4.90%	7.63%
12 Months	24.12%	25.66%

63 Overlapping Holdings

Symbol	Grade	Weight in RAFE	Weight in VLUE	Overlap
ADM	D	0.33%	0.65%	0.33%
AKAM	D	0.07%	0.14%	0.07%
AMAT	F	0.81%	2.37%	0.81%
BAC	A	0.86%	2.25%	0.86%
BBY	D	0.5%	0.38%	0.38%
BK	A	0.19%	0.47%	0.19%
BMY	B	1.97%	1.55%	1.55%
C	A	3.25%	1.78%	1.78%
CAG	D	0.07%	0.23%	0.07%
CF	B	0.16%	0.16%	0.16%
CI	F	1.3%	1.37%	1.3%
CMI	A	0.21%	0.6%	0.21%
CNC	D	0.13%	0.57%	0.13%
CSCO	B	2.94%	6.43%	2.94%
CTSH	B	0.18%	1.1%	0.18%
CVS	D	0.4%	1.46%	0.4%
DELL	C	0.13%	0.84%	0.13%
DGX	A	0.07%	0.19%	0.07%
DOW	F	0.5%	0.23%	0.23%
DVA	B	0.17%	0.08%	0.08%
ELV	F	0.89%	0.97%	0.89%
EQH	B	0.06%	0.12%	0.06%
F	C	1.14%	1.68%	1.14%
FDX	B	0.45%	1.18%	0.45%
FITB	A	0.13%	0.21%	0.13%
FOXA	B	0.19%	0.33%	0.19%
GEN	B	0.04%	0.42%	0.04%
GILD	C	0.99%	1.29%	0.99%
GM	B	2.16%	3.6%	2.16%
GS	A	0.98%	1.43%	0.98%
HIG	B	0.27%	0.22%	0.22%
HPE	B	0.7%	1.4%	0.7%
HPQ	B	0.72%	1.19%	0.72%
HST	C	0.11%	0.23%	0.11%
IBM	C	1.81%	3.86%	1.81%
INTC	D	2.85%	3.65%	2.85%
IP	B	0.43%	0.19%	0.19%
JCI	C	0.55%	0.61%	0.55%
JNPR	F	0.19%	0.33%	0.19%
KHC	F	0.2%	0.74%	0.2%
LH	C	0.19%	0.24%	0.19%
LKQ	D	0.09%	0.24%	0.09%
MAA	B	0.07%	0.19%	0.07%
MET	A	0.7%	0.46%	0.46%
MOS	F	0.19%	0.17%	0.17%
NTAP	C	0.29%	0.52%	0.29%
OC	A	0.22%	0.36%	0.22%
ON	D	0.1%	0.67%	0.1%
PARA	C	0.2%	0.27%	0.2%
PFE	D	2.32%	2.07%	2.07%
PRU	A	0.51%	0.45%	0.45%
SJM	D	0.09%	0.22%	0.09%
SOLV	C	0.09%	0.14%	0.09%
STT	A	0.26%	0.26%	0.26%
SWK	D	0.11%	0.1%	0.1%
T	A	2.41%	6.04%	2.41%
TSN	B	0.07%	0.44%	0.07%
VTRS	A	0.09%	0.45%	0.09%
VZ	C	1.69%	2.91%	1.69%
WAB	B	0.09%	0.32%	0.09%
WBA	F	0.09%	0.22%	0.09%
WFC	A	2.82%	1.92%	1.92%
WY	D	0.26%	0.55%	0.26%

RAFE Overweight 175 Positions Relative to VLUE

Symbol	Grade	Weight
AAPL	C	6.52%
MSFT	F	5.72%
JPM	A	4.09%
JNJ	D	3.18%
PG	A	2.84%
HD	A	1.77%
MRK	F	1.69%
ORCL	B	1.68%
QCOM	F	1.6%
CMCSA	B	1.55%
ABBV	D	1.53%
AVGO	D	1.26%
META	D	1.2%
DIS	B	1.2%
TGT	F	1.18%
ABT	B	1.18%
LOW	D	1.14%
NVDA	C	1.12%
LIN	D	1.12%
V	A	1.09%
AMGN	D	1.08%
MMM	D	1.07%
KO	D	0.98%
ACN	C	0.97%
MU	D	0.95%
TXN	C	0.83%
MA	C	0.79%
BLK	C	0.71%
LLY	F	0.67%
AXP	A	0.63%
ADBE	C	0.63%
PYPL	B	0.62%
DD	D	0.59%
ALL	A	0.58%
UNH	C	0.58%
CRM	B	0.58%
UPS	C	0.54%
DE	A	0.54%
LRCX	F	0.5%
TSLA	B	0.49%
TJX	A	0.49%
NKE	D	0.48%
NEM	D	0.46%
DHR	F	0.46%
TMUS	B	0.46%
ADP	B	0.45%
WM	A	0.44%
MCK	B	0.43%
APD	A	0.42%
EBAY	D	0.41%
HUM	C	0.41%
WDC	D	0.37%
ADI	D	0.37%
CARR	D	0.37%
CBRE	B	0.37%
CL	D	0.37%
FIS	C	0.36%
WELL	A	0.33%
GIS	D	0.32%
BDX	F	0.32%
ITW	B	0.31%
EA	A	0.31%
KMB	D	0.3%
MDLZ	F	0.29%
CAH	B	0.29%
MAR	B	0.28%
PEP	F	0.28%
FI	A	0.28%
BIIB	F	0.27%
GEHC	F	0.27%
CCI	D	0.27%
ECL	D	0.26%
EIX	B	0.25%
PGR	A	0.25%
AMP	A	0.25%
SYY	B	0.24%
EQIX	A	0.24%
VTR	C	0.23%
MSI	B	0.21%
KLAC	D	0.21%
LUMN	C	0.21%
WHR	B	0.21%
JLL	D	0.21%
PFG	D	0.2%
PPG	F	0.2%
IRM	D	0.19%
AMT	D	0.19%
K	A	0.18%
BAX	D	0.18%
VFC	C	0.18%
GWW	B	0.17%
TPR	B	0.16%
AVB	B	0.16%
BALL	D	0.16%
MCO	B	0.16%
EW	C	0.16%
EQR	B	0.16%
PKG	A	0.15%
ARW	D	0.15%
DG	F	0.15%
HLT	A	0.15%
SHW	A	0.15%
A	D	0.15%
KDP	D	0.14%
AWK	D	0.14%
ISRG	A	0.14%
OMC	C	0.14%
KSS	F	0.14%
ZTS	D	0.14%
FAST	B	0.13%
CDNS	B	0.13%
MRVL	B	0.13%
COR	B	0.13%
OTIS	C	0.12%
TROW	B	0.12%
EL	F	0.12%
SYK	C	0.12%
IFF	D	0.12%
HOLX	D	0.11%
PAYX	C	0.11%
WAT	B	0.11%
TSCO	D	0.11%
BSX	B	0.11%
GAP	C	0.11%
PVH	C	0.11%
KEYS	A	0.1%
SPGI	C	0.1%
HCA	F	0.09%
AVT	C	0.09%
USFD	A	0.09%
NFLX	A	0.09%
TER	D	0.09%
CDW	F	0.09%
ILMN	D	0.08%
SNPS	B	0.08%
GPC	D	0.08%
PLD	D	0.08%
LNC	B	0.08%
DOX	D	0.08%
LEA	D	0.08%
DXC	B	0.07%
KIM	A	0.07%
NDAQ	A	0.07%
CHD	B	0.07%
HUN	F	0.07%
NTRS	A	0.07%
NWSA	B	0.07%
DOV	A	0.06%
KD	B	0.06%
HSY	F	0.06%
HSIC	B	0.06%
GT	C	0.06%
MCHP	D	0.06%
AMD	F	0.06%
ESS	B	0.05%
MHK	D	0.05%
XRX	F	0.05%
HAS	D	0.05%
CTVA	C	0.05%
FL	F	0.05%
CPB	D	0.05%
ORLY	B	0.05%
ROK	B	0.05%
AAP	C	0.04%
OGN	D	0.04%
WU	D	0.04%
AGCO	D	0.04%
NWL	B	0.04%
FLEX	A	0.04%
RSG	A	0.04%
MAN	D	0.03%
M	D	0.03%
O	D	0.02%
ANET	C	0.02%
HRL	D	0.01%

RAFE Underweight 85 Positions Relative to VLUE

Symbol	Grade	Weight
RTX	C	-1.77%
LEN	D	-1.49%
MO	A	-1.45%
DHI	D	-1.4%
SPG	B	-1.26%
NXPI	D	-1.12%
GLW	B	-1.1%
TEL	B	-1.02%
PHM	D	-0.94%
VLO	C	-0.78%
URI	B	-0.77%
PCAR	B	-0.76%
KR	B	-0.75%
WBD	C	-0.7%
COF	B	-0.66%
PCG	A	-0.63%
FANG	D	-0.6%
TFC	A	-0.54%
LHX	C	-0.53%
AIG	B	-0.5%
EXPE	B	-0.48%
USB	A	-0.48%
D	C	-0.47%
ZM	B	-0.47%
SWKS	F	-0.46%
VST	B	-0.45%
NUE	C	-0.45%
MRO	B	-0.44%
FSLR	F	-0.38%
TAP	C	-0.38%
FFIV	B	-0.37%
BLDR	D	-0.36%
CTRA	B	-0.35%
TWLO	A	-0.34%
OVV	B	-0.33%
PPL	B	-0.32%
JBL	B	-0.31%
MTB	A	-0.31%
EQT	B	-0.28%
EVRG	A	-0.27%
STLD	B	-0.27%
CFG	B	-0.26%
SSNC	B	-0.25%
DAL	C	-0.25%
SYF	B	-0.24%
TXT	D	-0.24%
UTHR	C	-0.23%
ATO	A	-0.23%
AZPN	A	-0.23%
SNA	A	-0.23%
LYB	F	-0.22%
ES	D	-0.22%
GPN	B	-0.21%
BG	F	-0.2%
EXE	B	-0.2%
RF	A	-0.2%
LDOS	C	-0.19%
RPRX	D	-0.19%
KNX	B	-0.19%
FOX	A	-0.18%
UHS	D	-0.18%
QRVO	F	-0.18%
EG	C	-0.17%
CNH	C	-0.17%
HBAN	A	-0.17%
DINO	D	-0.16%
APA	D	-0.15%
L	A	-0.13%
APTV	D	-0.13%
CPT	B	-0.13%
SW	A	-0.13%
KEY	B	-0.13%
FCNCA	A	-0.12%
ACI	C	-0.12%
LUV	C	-0.12%
UHAL	D	-0.11%
FBIN	D	-0.11%
NLY	C	-0.11%
ALLY	C	-0.1%
EMN	D	-0.1%
FNF	B	-0.09%
HII	D	-0.09%
BEN	C	-0.06%
WLK	D	-0.05%
BIO	D	-0.05%