Trend Table for MFUS - PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	A	Weak or Absent	Up	Up	Down	8.45%
May 22	A	Weak or Absent	Up	Up	Flat	7.57%
May 21	A	Weak or Absent	Up	Up	Up	7.16%
May 20	B	Weak or Absent	Up	Up	Up	7.31%
May 17	B	Weak or Absent	Up	Up	Up	7.30%
May 16	A	Weak or Absent	Up	Up	Up	7.28%
May 15	B	Weak or Absent	Up	Up	Up	7.13%
May 14	B	Weak or Absent	Up	Up	Up	8.29%
May 13	C	Weak or Absent	Up	Up	Up	8.89%
May 10	B	Weak or Absent	Up	Up	Up	8.63%