EUSA vs. MFUS ETF Comparison

Comparison of iShares MSCI USA Index Fund (EUSA) to PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS)

EUSA

iShares MSCI USA Index Fund

EUSA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI USA Index (the "underlying index"). 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 underlying index is a market capitalization-weighted index designed to measure the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$98.56

Average Daily Volume

46,009

Number of Holdings ^*

591

* may have additional holdings in another (foreign) market

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

$50.86

Average Daily Volume

5,340

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

Performance

Period	EUSA	MFUS
30 Days	0.99%	-1.04%
60 Days	4.23%	1.72%
90 Days	6.98%	4.04%
12 Months	29.03%	30.11%

421 Overlapping Holdings

Symbol	Grade	Weight in EUSA	Weight in MFUS	Overlap
A	F	0.15%	0.05%	0.05%
AAPL	C	0.15%	0.96%	0.15%
ABBV	F	0.16%	1.36%	0.16%
ACI	C	0.15%	0.01%	0.01%
ACM	B	0.18%	0.03%	0.03%
ACN	C	0.16%	0.25%	0.16%
ADBE	D	0.14%	0.04%	0.04%
ADM	D	0.14%	0.22%	0.14%
ADP	B	0.18%	0.11%	0.11%
ADSK	B	0.19%	0.09%	0.09%
AEP	C	0.15%	0.08%	0.08%
AES	F	0.12%	0.01%	0.01%
AFL	C	0.18%	0.21%	0.18%
AIG	C	0.17%	0.34%	0.17%
AIZ	A	0.19%	0.09%	0.09%
AJG	B	0.16%	0.16%	0.16%
AKAM	F	0.14%	0.02%	0.02%
ALGN	D	0.15%	0.01%	0.01%
ALL	A	0.17%	0.26%	0.17%
ALLY	C	0.14%	0.05%	0.05%
ALNY	D	0.15%	0.06%	0.06%
AMAT	F	0.15%	0.55%	0.15%
AMGN	D	0.15%	0.94%	0.15%
AMH	C	0.15%	0.04%	0.04%
AMP	A	0.2%	0.18%	0.18%
AMT	D	0.14%	0.13%	0.13%
AMZN	B	0.18%	1.71%	0.18%
ANET	C	0.18%	0.14%	0.14%
ANSS	B	0.16%	0.05%	0.05%
AON	B	0.18%	0.24%	0.18%
AOS	F	0.14%	0.08%	0.08%
APH	B	0.17%	0.12%	0.12%
APP	A	0.52%	0.11%	0.11%
ARES	A	0.19%	0.09%	0.09%
ATO	A	0.17%	0.02%	0.02%
AVB	B	0.17%	0.03%	0.03%
AVGO	C	0.17%	1.59%	0.17%
AVTR	F	0.14%	0.03%	0.03%
AVY	D	0.15%	0.09%	0.09%
AXP	B	0.18%	0.23%	0.18%
AZO	C	0.15%	0.28%	0.15%
BAC	A	0.18%	0.45%	0.18%
BAH	D	0.19%	0.15%	0.15%
BALL	D	0.15%	0.07%	0.07%
BAX	F	0.15%	0.04%	0.04%
BBWI	C	0.14%	0.01%	0.01%
BBY	D	0.16%	0.21%	0.16%
BDX	F	0.15%	0.11%	0.11%
BEN	C	0.15%	0.02%	0.02%
BIIB	F	0.13%	0.07%	0.07%
BK	B	0.19%	0.18%	0.18%
BKNG	A	0.21%	0.42%	0.21%
BKR	B	0.2%	0.08%	0.08%
BLDR	D	0.17%	0.04%	0.04%
BLK	B	0.19%	0.19%	0.19%
BMRN	F	0.11%	0.01%	0.01%
BMY	A	0.17%	0.41%	0.17%
BR	B	0.17%	0.17%	0.17%
BRK.A	B	0.17%	2.42%	0.17%
BRO	B	0.18%	0.12%	0.12%
BSX	A	0.18%	0.2%	0.18%
BURL	A	0.16%	0.03%	0.03%
BX	A	0.21%	0.13%	0.13%
BXP	D	0.18%	0.02%	0.02%
C	B	0.18%	0.69%	0.18%
CAG	F	0.14%	0.04%	0.04%
CAH	B	0.17%	0.27%	0.17%
CARR	D	0.17%	0.05%	0.05%
CAT	C	0.18%	0.2%	0.18%
CB	C	0.16%	0.16%	0.16%
CBRE	B	0.19%	0.05%	0.05%
CCI	C	0.15%	0.07%	0.07%
CCK	D	0.17%	0.06%	0.06%
CCL	A	0.25%	0.02%	0.02%
CDW	F	0.14%	0.03%	0.03%
CE	F	0.1%	0.02%	0.02%
CEG	C	0.2%	0.11%	0.11%
CFG	B	0.18%	0.04%	0.04%
CG	B	0.2%	0.03%	0.03%
CHD	A	0.16%	0.07%	0.07%
CHRW	B	0.17%	0.14%	0.14%
CHTR	B	0.18%	0.3%	0.18%
CI	D	0.15%	0.13%	0.13%
CINF	A	0.18%	0.02%	0.02%
CL	D	0.14%	0.35%	0.14%
CLX	A	0.17%	0.12%	0.12%
CMCSA	B	0.17%	0.16%	0.16%
CME	A	0.17%	0.14%	0.14%
CMG	C	0.17%	0.2%	0.17%
CMI	A	0.18%	0.14%	0.14%
CMS	C	0.16%	0.03%	0.03%
CNC	F	0.12%	0.04%	0.04%
COF	B	0.21%	0.29%	0.21%
COIN	A	0.21%	0.1%	0.1%
COP	B	0.15%	0.07%	0.07%
COR	B	0.16%	0.17%	0.16%
COST	A	0.17%	1.35%	0.17%
CPAY	A	0.21%	0.03%	0.03%
CPB	D	0.14%	0.04%	0.04%
CPRT	B	0.17%	0.09%	0.09%
CPT	C	0.16%	0.06%	0.06%
CSCO	B	0.18%	0.68%	0.18%
CSL	C	0.18%	0.02%	0.02%
CSX	C	0.17%	0.11%	0.11%
CTAS	B	0.18%	0.19%	0.18%
CTLT	D	0.16%	0.02%	0.02%
CTVA	C	0.17%	0.04%	0.04%
CVS	F	0.15%	0.65%	0.15%
CVX	A	0.17%	0.39%	0.17%
D	C	0.16%	0.07%	0.07%
DASH	A	0.21%	0.11%	0.11%
DD	D	0.17%	0.1%	0.1%
DECK	A	0.17%	0.17%	0.17%
DELL	B	0.19%	0.03%	0.03%
DFS	B	0.2%	0.1%	0.1%
DG	F	0.1%	0.09%	0.09%
DGX	A	0.16%	0.09%	0.09%
DHI	D	0.15%	0.06%	0.06%
DHR	D	0.14%	0.24%	0.14%
DINO	D	0.14%	0.01%	0.01%
DKS	D	0.14%	0.08%	0.08%
DLR	A	0.19%	0.09%	0.09%
DLTR	F	0.1%	0.03%	0.03%
DOV	B	0.18%	0.04%	0.04%
DOW	F	0.14%	0.02%	0.02%
DPZ	C	0.17%	0.13%	0.13%
DRI	C	0.17%	0.03%	0.03%
DTE	C	0.15%	0.02%	0.02%
DUK	C	0.16%	0.13%	0.13%
DVA	C	0.16%	0.16%	0.16%
EA	A	0.17%	0.18%	0.17%
EBAY	D	0.17%	0.36%	0.17%
ECL	D	0.16%	0.08%	0.08%
ED	C	0.15%	0.05%	0.05%
EFX	F	0.14%	0.11%	0.11%
EIX	C	0.15%	0.05%	0.05%
ELS	B	0.16%	0.04%	0.04%
ELV	F	0.12%	0.16%	0.12%
EME	A	0.22%	0.04%	0.04%
EMN	D	0.16%	0.04%	0.04%
EMR	A	0.19%	0.09%	0.09%
EQH	B	0.16%	0.08%	0.08%
EQR	C	0.16%	0.04%	0.04%
ERIE	F	0.14%	0.04%	0.04%
ES	C	0.14%	0.03%	0.03%
ESS	A	0.16%	0.04%	0.04%
ETR	A	0.2%	0.05%	0.05%
EVRG	A	0.17%	0.02%	0.02%
EXC	C	0.16%	0.07%	0.07%
EXPD	D	0.16%	0.11%	0.11%
EXR	C	0.16%	0.11%	0.11%
F	C	0.16%	0.16%	0.16%
FANG	D	0.15%	0.05%	0.05%
FAST	B	0.19%	0.13%	0.13%
FCNCA	A	0.17%	0.06%	0.06%
FDS	B	0.18%	0.04%	0.04%
FE	C	0.15%	0.03%	0.03%
FFIV	B	0.19%	0.06%	0.06%
FI	A	0.21%	0.19%	0.19%
FICO	B	0.21%	0.25%	0.21%
FIS	C	0.19%	0.07%	0.07%
FITB	B	0.18%	0.04%	0.04%
FNF	A	0.16%	0.03%	0.03%
FOXA	B	0.11%	0.11%	0.11%
FTNT	B	0.19%	0.07%	0.07%
GD	D	0.16%	0.24%	0.16%
GDDY	A	0.17%	0.12%	0.12%
GE	D	0.17%	0.56%	0.17%
GEHC	D	0.16%	0.07%	0.07%
GEN	B	0.18%	0.11%	0.11%
GGG	B	0.17%	0.03%	0.03%
GILD	C	0.2%	0.87%	0.2%
GIS	F	0.14%	0.17%	0.14%
GLPI	C	0.16%	0.07%	0.07%
GLW	B	0.19%	0.2%	0.19%
GM	B	0.19%	0.4%	0.19%
GS	B	0.19%	0.41%	0.19%
GWW	B	0.19%	0.21%	0.19%
H	B	0.17%	0.01%	0.01%
HBAN	B	0.2%	0.03%	0.03%
HCA	F	0.15%	0.25%	0.15%
HD	A	0.17%	0.62%	0.17%
HEI	A	0.1%	0.04%	0.04%
HEI	A	0.07%	0.04%	0.04%
HIG	B	0.18%	0.06%	0.06%
HII	F	0.12%	0.02%	0.02%
HLT	A	0.18%	0.1%	0.1%
HOLX	D	0.15%	0.03%	0.03%
HOOD	A	0.24%	0.04%	0.04%
HPE	B	0.18%	0.11%	0.11%
HPQ	B	0.17%	0.28%	0.17%
HRL	D	0.15%	0.02%	0.02%
HSIC	C	0.15%	0.03%	0.03%
HST	D	0.17%	0.02%	0.02%
HSY	F	0.14%	0.05%	0.05%
HUBB	B	0.2%	0.03%	0.03%
HWM	A	0.19%	0.17%	0.17%
IBM	C	0.17%	1.05%	0.17%
ICE	C	0.15%	0.29%	0.15%
IDXX	F	0.14%	0.05%	0.05%
IEX	B	0.18%	0.09%	0.09%
IFF	D	0.15%	0.03%	0.03%
INCY	C	0.2%	0.01%	0.01%
INTC	C	0.2%	0.2%	0.2%
INVH	D	0.15%	0.04%	0.04%
IP	A	0.19%	0.09%	0.09%
IPG	F	0.15%	0.04%	0.04%
IR	B	0.18%	0.09%	0.09%
IRM	C	0.17%	0.12%	0.12%
ISRG	A	0.17%	0.29%	0.17%
IT	C	0.18%	0.15%	0.15%
ITW	B	0.17%	0.1%	0.1%
JBHT	C	0.17%	0.02%	0.02%
JBL	C	0.2%	0.03%	0.03%
JCI	B	0.19%	0.07%	0.07%
JKHY	D	0.19%	0.1%	0.1%
JNJ	D	0.15%	1.18%	0.15%
JNPR	D	0.16%	0.13%	0.13%
JPM	A	0.17%	0.99%	0.17%
K	B	0.16%	0.15%	0.15%
KDP	D	0.14%	0.07%	0.07%
KEY	B	0.18%	0.03%	0.03%
KHC	F	0.15%	0.15%	0.15%
KIM	A	0.17%	0.02%	0.02%
KKR	A	0.2%	0.15%	0.15%
KLAC	F	0.13%	0.23%	0.13%
KMB	C	0.15%	0.16%	0.15%
KMI	A	0.2%	0.11%	0.11%
KNX	B	0.17%	0.01%	0.01%
KO	D	0.14%	1.0%	0.14%
KR	B	0.18%	0.38%	0.18%
L	A	0.17%	0.06%	0.06%
LDOS	C	0.2%	0.11%	0.11%
LEN	D	0.16%	0.06%	0.06%
LHX	B	0.18%	0.26%	0.18%
LII	A	0.17%	0.21%	0.17%
LLY	F	0.14%	2.39%	0.14%
LMT	D	0.16%	0.75%	0.16%
LNT	A	0.16%	0.02%	0.02%
LOW	C	0.18%	0.35%	0.18%
LPLA	A	0.22%	0.07%	0.07%
LRCX	F	0.14%	0.17%	0.14%
LW	C	0.21%	0.03%	0.03%
LYB	F	0.14%	0.15%	0.14%
MA	B	0.19%	0.28%	0.19%
MAA	A	0.16%	0.02%	0.02%
MANH	D	0.17%	0.03%	0.03%
MAR	B	0.19%	0.04%	0.04%
MAS	D	0.16%	0.06%	0.06%
MCD	D	0.16%	0.53%	0.16%
MCK	A	0.17%	0.63%	0.17%
MCO	D	0.16%	0.15%	0.15%
MDLZ	F	0.15%	0.23%	0.15%
MET	A	0.19%	0.32%	0.19%
META	C	0.17%	2.35%	0.17%
MKC	D	0.15%	0.05%	0.05%
MKTX	D	0.18%	0.02%	0.02%
MLM	B	0.18%	0.07%	0.07%
MMC	D	0.16%	0.2%	0.16%
MMM	D	0.16%	0.6%	0.16%
MNST	C	0.18%	0.07%	0.07%
MO	A	0.17%	0.73%	0.17%
MOS	D	0.16%	0.01%	0.01%
MPC	D	0.14%	0.34%	0.14%
MPWR	F	0.13%	0.06%	0.06%
MRK	F	0.14%	0.84%	0.14%
MRO	A	0.16%	0.03%	0.03%
MS	A	0.2%	0.22%	0.2%
MSCI	B	0.16%	0.07%	0.07%
MSI	B	0.18%	0.2%	0.18%
MTB	A	0.2%	0.04%	0.04%
MTD	F	0.14%	0.08%	0.08%
MU	D	0.16%	0.16%	0.16%
NBIX	C	0.13%	0.04%	0.04%
NDAQ	A	0.18%	0.05%	0.05%
NDSN	D	0.17%	0.04%	0.04%
NEE	C	0.15%	0.22%	0.15%
NEM	D	0.14%	0.16%	0.14%
NFLX	A	0.18%	0.52%	0.18%
NI	A	0.18%	0.02%	0.02%
NKE	F	0.14%	0.06%	0.06%
NOC	D	0.16%	0.35%	0.16%
NOW	B	0.19%	0.36%	0.19%
NRG	B	0.18%	0.07%	0.07%
NSC	B	0.18%	0.07%	0.07%
NTAP	C	0.15%	0.1%	0.1%
NTRS	A	0.19%	0.03%	0.03%
NUE	D	0.17%	0.08%	0.08%
NVDA	A	0.18%	1.9%	0.18%
NVR	D	0.17%	0.09%	0.09%
NWSA	B	0.17%	0.04%	0.04%
O	C	0.15%	0.05%	0.05%
OC	A	0.19%	0.02%	0.02%
ODFL	B	0.18%	0.02%	0.02%
OKE	A	0.19%	0.1%	0.1%
OMC	C	0.17%	0.06%	0.06%
ORCL	A	0.21%	1.52%	0.21%
ORLY	B	0.17%	0.2%	0.17%
OTIS	C	0.17%	0.07%	0.07%
PANW	B	0.17%	0.25%	0.17%
PARA	D	0.16%	0.01%	0.01%
PAYX	B	0.19%	0.04%	0.04%
PEG	C	0.17%	0.06%	0.06%
PEP	F	0.15%	0.74%	0.15%
PFE	F	0.14%	0.57%	0.14%
PFG	C	0.17%	0.01%	0.01%
PG	C	0.15%	1.01%	0.15%
PGR	B	0.17%	0.59%	0.17%
PH	B	0.19%	0.14%	0.14%
PHM	D	0.17%	0.1%	0.1%
PKG	B	0.19%	0.1%	0.1%
PLTR	A	0.28%	0.23%	0.23%
PM	A	0.17%	0.87%	0.17%
PNC	B	0.18%	0.12%	0.12%
PNR	B	0.19%	0.02%	0.02%
POOL	D	0.17%	0.07%	0.07%
PPG	F	0.16%	0.04%	0.04%
PPL	A	0.16%	0.04%	0.04%
PRU	B	0.18%	0.23%	0.18%
PSA	C	0.16%	0.09%	0.09%
PSTG	F	0.13%	0.04%	0.04%
PSX	C	0.15%	0.23%	0.15%
PTC	B	0.17%	0.04%	0.04%
PWR	A	0.19%	0.12%	0.12%
PYPL	B	0.18%	0.12%	0.12%
QCOM	F	0.15%	0.77%	0.15%
QRVO	F	0.1%	0.01%	0.01%
RCL	A	0.22%	0.1%	0.1%
REGN	F	0.11%	0.36%	0.11%
RF	A	0.19%	0.02%	0.02%
RMD	C	0.18%	0.16%	0.16%
ROL	B	0.16%	0.07%	0.07%
ROP	C	0.16%	0.06%	0.06%
RPM	B	0.18%	0.13%	0.13%
RPRX	F	0.15%	0.03%	0.03%
RS	B	0.18%	0.04%	0.04%
RSG	A	0.16%	0.13%	0.13%
RTX	D	0.16%	0.22%	0.16%
RVTY	D	0.16%	0.01%	0.01%
SBAC	D	0.16%	0.03%	0.03%
SBUX	A	0.16%	0.09%	0.09%
SCHW	A	0.18%	0.05%	0.05%
SEIC	B	0.19%	0.09%	0.09%
SHW	C	0.17%	0.22%	0.17%
SJM	D	0.15%	0.04%	0.04%
SLB	C	0.15%	0.01%	0.01%
SMCI	F	0.06%	0.05%	0.05%
SO	C	0.16%	0.13%	0.13%
SPG	A	0.18%	0.16%	0.16%
SPGI	D	0.16%	0.29%	0.16%
SQ	A	0.18%	0.06%	0.06%
SRE	A	0.18%	0.08%	0.08%
SSNC	C	0.16%	0.02%	0.02%
STE	D	0.15%	0.07%	0.07%
STLD	B	0.2%	0.04%	0.04%
STZ	D	0.15%	0.06%	0.06%
SUI	C	0.15%	0.05%	0.05%
SYF	B	0.22%	0.31%	0.22%
SYY	D	0.16%	0.12%	0.12%
T	A	0.18%	0.73%	0.18%
TAP	B	0.17%	0.09%	0.09%
TDG	D	0.16%	0.15%	0.15%
TER	F	0.13%	0.03%	0.03%
TFC	A	0.17%	0.09%	0.09%
TFX	F	0.13%	0.02%	0.02%
TGT	B	0.16%	0.74%	0.16%
TJX	A	0.16%	0.37%	0.16%
TMO	F	0.14%	0.28%	0.14%
TMUS	B	0.18%	0.43%	0.18%
TRGP	A	0.21%	0.11%	0.11%
TROW	B	0.17%	0.09%	0.09%
TRV	A	0.18%	0.2%	0.18%
TSCO	D	0.17%	0.11%	0.11%
TSN	B	0.15%	0.18%	0.15%
TTC	F	0.15%	0.06%	0.06%
TTWO	A	0.18%	0.07%	0.07%
TW	A	0.18%	0.06%	0.06%
TXN	C	0.17%	0.29%	0.17%
TYL	B	0.17%	0.08%	0.08%
UBER	F	0.15%	0.21%	0.15%
UDR	C	0.16%	0.03%	0.03%
UHAL	D	0.16%	0.01%	0.01%
UHAL	D	0.16%	0.01%	0.01%
UHS	D	0.14%	0.06%	0.06%
ULTA	F	0.16%	0.04%	0.04%
UNH	C	0.17%	0.79%	0.17%
UNP	D	0.15%	0.51%	0.15%
UPS	C	0.16%	0.24%	0.16%
URI	B	0.19%	0.09%	0.09%
USB	B	0.18%	0.11%	0.11%
UTHR	C	0.18%	0.19%	0.18%
V	A	0.19%	0.31%	0.19%
VLO	C	0.15%	0.16%	0.15%
VLTO	C	0.15%	0.04%	0.04%
VRSK	B	0.16%	0.16%	0.16%
VRSN	F	0.16%	0.04%	0.04%
VRTX	D	0.17%	0.22%	0.17%
VST	A	0.28%	0.23%	0.23%
VTR	B	0.17%	0.04%	0.04%
VTRS	A	0.18%	0.14%	0.14%
VZ	C	0.15%	1.0%	0.15%
WAB	B	0.2%	0.05%	0.05%
WAT	C	0.18%	0.05%	0.05%
WBA	F	0.13%	0.12%	0.12%
WDC	F	0.17%	0.08%	0.08%
WELL	A	0.18%	0.12%	0.12%
WFC	A	0.2%	0.97%	0.2%
WM	B	0.17%	0.28%	0.17%
WMB	A	0.2%	0.1%	0.1%
WMT	A	0.17%	1.71%	0.17%
WPC	C	0.15%	0.03%	0.03%
WRB	B	0.17%	0.02%	0.02%
WSM	D	0.15%	0.18%	0.15%
WSO	A	0.17%	0.17%	0.17%
WST	D	0.17%	0.05%	0.05%
WTW	B	0.18%	0.11%	0.11%
XOM	B	0.16%	0.43%	0.16%
XYL	D	0.15%	0.1%	0.1%
YUM	D	0.16%	0.13%	0.13%
ZBRA	B	0.18%	0.04%	0.04%
ZTS	D	0.15%	0.05%	0.05%

EUSA Overweight 171 Positions Relative to MFUS

Symbol	Grade	Weight
MSTR	A	0.32%
GEV	A	0.29%
VRT	A	0.26%
TPL	A	0.26%
TOST	A	0.25%
AXON	A	0.25%
TEAM	A	0.24%
TWLO	A	0.24%
DAL	A	0.24%
APO	A	0.24%
TSLA	A	0.23%
PODD	B	0.23%
DAY	B	0.23%
RJF	A	0.22%
DOCU	B	0.22%
PAYC	B	0.22%
Z	A	0.21%
HUBS	B	0.21%
EXPE	B	0.21%
MRVL	B	0.21%
ZM	B	0.21%
LYV	A	0.2%
SNAP	D	0.2%
EXE	A	0.2%
RBLX	B	0.2%
IOT	A	0.2%
TRMB	B	0.2%
SNA	B	0.2%
ROKU	D	0.19%
LUV	B	0.19%
KEYS	C	0.19%
ALB	B	0.19%
VMC	B	0.19%
FLUT	A	0.19%
PCAR	C	0.19%
VEEV	C	0.19%
SOLV	F	0.19%
GRMN	B	0.19%
SW	A	0.19%
TTD	B	0.19%
ETN	B	0.19%
LVS	B	0.19%
EQT	A	0.19%
CRM	B	0.19%
CRWD	B	0.19%
LNG	A	0.18%
AZPN	A	0.18%
TRU	D	0.18%
ILMN	C	0.18%
ABNB	D	0.18%
MDB	C	0.18%
APD	A	0.18%
DKNG	B	0.18%
BIO	C	0.18%
AME	A	0.18%
EPAM	C	0.18%
CNP	A	0.18%
TDY	B	0.18%
STT	B	0.18%
WBD	B	0.18%
CRH	B	0.18%
LULU	C	0.18%
TT	A	0.18%
LH	B	0.17%
CRL	D	0.17%
CTSH	C	0.17%
CDNS	B	0.17%
COO	D	0.17%
DDOG	A	0.17%
MKL	A	0.17%
FCX	F	0.17%
ALLE	D	0.17%
HON	B	0.17%
SYK	A	0.17%
AEE	A	0.17%
WDAY	C	0.17%
KVUE	A	0.17%
DIS	B	0.17%
EQIX	A	0.17%
WYNN	D	0.17%
CNH	C	0.17%
PCG	A	0.17%
NET	B	0.17%
AFG	A	0.17%
XEL	A	0.17%
MSFT	D	0.16%
WCN	A	0.16%
ADI	D	0.16%
ZS	B	0.16%
TXT	D	0.16%
LIN	D	0.16%
SNPS	C	0.16%
FERG	C	0.16%
WTRG	B	0.16%
STX	D	0.16%
MDT	D	0.16%
INTU	B	0.16%
TEL	C	0.16%
FBIN	F	0.16%
ROK	B	0.16%
CTRA	B	0.16%
OVV	C	0.16%
FWONK	B	0.16%
CSGP	F	0.16%
HES	B	0.16%
NLY	C	0.16%
GPN	C	0.16%
ABT	A	0.16%
CF	A	0.16%
TECH	F	0.16%
REG	A	0.16%
DE	C	0.16%
EOG	A	0.16%
DOC	D	0.16%
WY	D	0.16%
DT	C	0.16%
FTV	D	0.16%
WEC	A	0.16%
SWK	F	0.15%
PLD	D	0.15%
ENTG	F	0.15%
MELI	D	0.15%
LKQ	F	0.15%
MGM	D	0.15%
KMX	C	0.15%
MOH	F	0.15%
AMD	F	0.15%
AMCR	D	0.15%
CBOE	C	0.15%
EW	C	0.15%
HAL	C	0.15%
AWK	C	0.15%
DXCM	C	0.15%
ZBH	C	0.15%
ROST	D	0.15%
J	D	0.15%
BSY	D	0.15%
EG	D	0.15%
ACGL	D	0.15%
FDX	B	0.15%
ARE	F	0.15%
VICI	C	0.15%
FSLR	F	0.14%
EXAS	D	0.14%
GPC	F	0.14%
BA	D	0.14%
CHRD	F	0.14%
IQV	F	0.14%
DVN	F	0.14%
OXY	F	0.14%
MCHP	F	0.14%
BG	D	0.14%
SNOW	C	0.14%
WLK	F	0.14%
NXPI	F	0.14%
PINS	F	0.14%
ON	F	0.14%
RIVN	F	0.13%
APTV	F	0.13%
HUM	D	0.13%
MTCH	F	0.13%
SWKS	F	0.13%
APA	F	0.12%
OKTA	D	0.12%
EL	F	0.11%
CELH	F	0.11%
GOOGL	B	0.09%
ENPH	F	0.09%
GOOG	B	0.08%
MRNA	F	0.08%
FOX	A	0.06%

EUSA Underweight 395 Positions Relative to MFUS

Symbol	Grade	Weight
THC	C	-0.28%
SFM	A	-0.25%
ANF	C	-0.25%
MUSA	B	-0.16%
CASY	A	-0.16%
EVR	B	-0.13%
CW	B	-0.11%
CRS	A	-0.11%
ALSN	B	-0.11%
BWXT	A	-0.11%
AYI	B	-0.1%
JXN	C	-0.1%
MLI	B	-0.09%
WCC	B	-0.09%
CALM	A	-0.09%
LSTR	D	-0.09%
EHC	B	-0.09%
CACI	C	-0.09%
TMHC	B	-0.09%
GPI	B	-0.09%
HRB	D	-0.08%
LPX	B	-0.08%
SLG	B	-0.08%
GPK	D	-0.08%
ABG	B	-0.08%
ATR	B	-0.08%
HLI	B	-0.08%
ITT	A	-0.08%
SCI	A	-0.07%
UFPI	C	-0.07%
EXP	B	-0.07%
BCC	C	-0.07%
INGR	B	-0.07%
SKYW	B	-0.07%
GEO	A	-0.07%
CNX	A	-0.07%
VNO	C	-0.07%
THO	C	-0.07%
R	B	-0.07%
AEO	F	-0.07%
HCC	B	-0.07%
G	B	-0.06%
VIRT	A	-0.06%
BC	D	-0.06%
GAP	D	-0.06%
SEE	D	-0.06%
ATGE	B	-0.06%
TPH	D	-0.06%
BFH	B	-0.06%
LECO	C	-0.06%
JLL	D	-0.06%
GNRC	B	-0.06%
BERY	D	-0.06%
KTB	A	-0.06%
CHE	F	-0.06%
SLM	B	-0.06%
CMC	B	-0.06%
MTH	D	-0.06%
FIX	A	-0.06%
IBKR	A	-0.06%
LUMN	C	-0.06%
WU	F	-0.06%
PK	D	-0.06%
TXRH	B	-0.06%
AMG	C	-0.06%
AN	D	-0.06%
RGA	B	-0.06%
MSM	D	-0.06%
TOL	B	-0.06%
TDS	B	-0.05%
NFG	A	-0.05%
CNO	B	-0.05%
PRIM	A	-0.05%
FLEX	B	-0.05%
THG	A	-0.05%
AR	B	-0.05%
NSIT	F	-0.05%
LOPE	B	-0.05%
URBN	C	-0.05%
MOG.A	B	-0.05%
TGNA	B	-0.05%
GNTX	F	-0.05%
MTN	C	-0.05%
EXEL	B	-0.05%
CRI	F	-0.05%
USFD	A	-0.05%
SLGN	A	-0.05%
POST	C	-0.05%
COOP	B	-0.05%
TEX	D	-0.05%
LAMR	D	-0.05%
KD	A	-0.05%
CBT	C	-0.05%
GVA	A	-0.05%
NXST	C	-0.05%
HBI	B	-0.05%
WEN	C	-0.05%
FCN	F	-0.05%
MMS	D	-0.05%
BTU	C	-0.05%
SON	F	-0.04%
AVT	C	-0.04%
OSK	C	-0.04%
XPO	B	-0.04%
LANC	D	-0.04%
TKR	F	-0.04%
AWI	B	-0.04%
SEM	B	-0.04%
CRUS	F	-0.04%
CXW	B	-0.04%
SMG	C	-0.04%
JWN	C	-0.04%
AGNC	C	-0.04%
BDC	B	-0.04%
SLVM	C	-0.04%
CLH	C	-0.04%
FLO	D	-0.04%
WH	B	-0.04%
FL	F	-0.04%
OLN	F	-0.04%
ARW	F	-0.04%
CPNG	D	-0.04%
RUSHA	B	-0.04%
TRN	A	-0.04%
SANM	B	-0.04%
RGLD	C	-0.04%
CVLT	B	-0.04%
CUBE	C	-0.04%
WTM	A	-0.04%
OGN	F	-0.04%
BHF	C	-0.04%
ATI	C	-0.04%
MAC	A	-0.04%
GBX	B	-0.04%
HUBG	A	-0.04%
FTI	A	-0.04%
SIG	C	-0.04%
MHO	D	-0.04%
GATX	B	-0.04%
CRBG	B	-0.04%
JHG	B	-0.04%
CMA	B	-0.04%
UNM	A	-0.04%
AROC	A	-0.04%
ABM	B	-0.04%
DCI	B	-0.04%
WERN	B	-0.04%
COKE	C	-0.03%
RRC	B	-0.03%
HXL	F	-0.03%
GMED	A	-0.03%
DRH	B	-0.03%
PNM	B	-0.03%
ACA	A	-0.03%
KMPR	A	-0.03%
LZB	B	-0.03%
HAE	C	-0.03%
UNF	B	-0.03%
PINC	B	-0.03%
APAM	B	-0.03%
VC	F	-0.03%
MAN	F	-0.03%
DK	D	-0.03%
JEF	A	-0.03%
AMKR	F	-0.03%
COLD	F	-0.03%
LBRDK	C	-0.03%
BKE	B	-0.03%
FHI	B	-0.03%
LNC	B	-0.03%
OMF	A	-0.03%
X	C	-0.03%
PLXS	B	-0.03%
WHR	B	-0.03%
OI	D	-0.03%
PRG	C	-0.03%
APLE	B	-0.03%
ASO	F	-0.03%
SHOO	D	-0.03%
AVA	C	-0.03%
DBRG	F	-0.03%
COHR	B	-0.03%
RL	C	-0.03%
GMS	B	-0.03%
BKU	A	-0.03%
CDP	C	-0.03%
RLI	A	-0.03%
BLD	F	-0.03%
DDS	B	-0.03%
KBH	D	-0.03%
GNW	A	-0.03%
DOX	D	-0.03%
SM	C	-0.03%
IVZ	C	-0.03%
MC	B	-0.03%
MATX	B	-0.03%
MASI	B	-0.03%
TPX	B	-0.03%
NYT	D	-0.03%
BJ	B	-0.03%
MORN	B	-0.03%
ODP	F	-0.02%
IOSP	C	-0.02%
LXP	D	-0.02%
SAH	B	-0.02%
KEX	B	-0.02%
LEG	F	-0.02%
TTMI	B	-0.02%
VSH	F	-0.02%
LAUR	A	-0.02%
UAL	A	-0.02%
AA	A	-0.02%
SF	B	-0.02%
BHE	B	-0.02%
BRKR	F	-0.02%
GT	C	-0.02%
GME	C	-0.02%
WBS	A	-0.02%
PHIN	B	-0.02%
WAL	B	-0.02%
AXTA	B	-0.02%
ANDE	F	-0.02%
ZION	B	-0.02%
APG	C	-0.02%
SNV	B	-0.02%
NSP	F	-0.02%
HP	C	-0.02%
VFC	C	-0.02%
DNOW	B	-0.02%
LAD	B	-0.02%
REZI	A	-0.02%
PMT	D	-0.02%
HNI	B	-0.02%
XRAY	D	-0.02%
WKC	D	-0.02%
SNDR	B	-0.02%
OSIS	A	-0.02%
NAVI	F	-0.02%
WMS	F	-0.02%
LNW	F	-0.02%
EPC	F	-0.02%
M	D	-0.02%
AGCO	F	-0.02%
KBR	F	-0.02%
JBLU	F	-0.02%
PFSI	C	-0.02%
VVV	D	-0.02%
THS	F	-0.02%
RHI	C	-0.02%
SKX	F	-0.02%
CC	D	-0.02%
DLB	F	-0.02%
NWL	B	-0.02%
OHI	B	-0.02%
MDU	D	-0.02%
SXT	C	-0.02%
RLJ	C	-0.02%
YELP	C	-0.02%
DORM	B	-0.02%
APOG	B	-0.02%
GWRE	A	-0.02%
SAM	C	-0.02%
PSN	C	-0.02%
XHR	B	-0.02%
PDCO	F	-0.02%
PBF	D	-0.02%
EWBC	A	-0.02%
NTCT	C	-0.02%
VSCO	A	-0.02%
MCY	B	-0.02%
AIR	B	-0.02%
HOG	F	-0.02%
FAF	C	-0.02%
SBH	B	-0.02%
PAG	B	-0.02%
BFAM	F	-0.02%
VSTO	A	-0.02%
KSS	F	-0.02%
PVH	C	-0.02%
RYN	D	-0.02%
ADNT	F	-0.02%
ORA	B	-0.02%
MTG	D	-0.02%
GEF	B	-0.02%
MSA	D	-0.02%
NEU	D	-0.02%
GHC	B	-0.02%
STC	B	-0.02%
SVC	F	-0.01%
AAP	D	-0.01%
CPRI	F	-0.01%
NOV	D	-0.01%
RKT	F	-0.01%
JELD	F	-0.01%
SCL	D	-0.01%
MLKN	F	-0.01%
IGT	F	-0.01%
CACC	F	-0.01%
ARI	C	-0.01%
WOR	F	-0.01%
ELAN	D	-0.01%
CNXN	D	-0.01%
SPR	D	-0.01%
CLF	F	-0.01%
GIII	D	-0.01%
UGI	C	-0.01%
ECPG	C	-0.01%
ALEX	B	-0.01%
UVV	B	-0.01%
JBGS	F	-0.01%
HTH	B	-0.01%
SEB	F	-0.01%
MKSI	C	-0.01%
RDN	D	-0.01%
IMKTA	C	-0.01%
XRX	F	-0.01%
SR	A	-0.01%
ARMK	C	-0.01%
OUT	A	-0.01%
PNW	B	-0.01%
SHO	D	-0.01%
WGO	D	-0.01%
AMED	F	-0.01%
CNS	B	-0.01%
SSB	B	-0.01%
SWX	A	-0.01%
KALU	C	-0.01%
ESI	B	-0.01%
CENTA	C	-0.01%
CVI	D	-0.01%
ARCH	B	-0.01%
PECO	A	-0.01%
PB	A	-0.01%
CNM	C	-0.01%
SAIC	F	-0.01%
OMI	F	-0.01%
FDP	B	-0.01%
SIGI	B	-0.01%
LEA	F	-0.01%
WAFD	B	-0.01%
CROX	F	-0.01%
BRC	C	-0.01%
DY	C	-0.01%
SPB	C	-0.01%
PPC	B	-0.01%
NNN	C	-0.01%
CFR	B	-0.01%
FELE	B	-0.01%
DAN	F	-0.01%
WMK	B	-0.01%
MHK	D	-0.01%
FLR	B	-0.01%
KN	B	-0.01%
STRA	C	-0.01%
ESNT	D	-0.01%
TPR	B	-0.01%
DXC	D	-0.01%
IDCC	B	-0.01%
LADR	B	-0.01%
NNI	D	-0.01%
GES	F	-0.01%
ESAB	C	-0.01%
CWEN	C	-0.01%
ONB	B	-0.01%
CBSH	A	-0.01%
WWD	B	-0.01%
TTEK	F	-0.01%
MUR	F	-0.01%
CR	A	-0.01%
ICUI	D	-0.01%
CSGS	B	-0.01%
TNET	F	-0.01%
FYBR	C	-0.01%
HE	C	-0.01%
CADE	B	-0.01%
WTFC	B	-0.01%
FHN	A	-0.01%
PSMT	D	-0.01%
ADC	A	-0.01%
SATS	C	-0.01%
RBC	A	-0.01%
BWA	D	-0.01%
GOLF	B	-0.01%
FR	C	-0.01%
DTM	A	-0.01%
DEI	B	-0.01%
AMWD	C	-0.01%
PTEN	C	-0.01%
SCS	B	-0.01%
VNT	C	-0.01%
TDC	D	-0.01%
SCCO	F	-0.0%
NOMD	D	-0.0%
WOLF	F	-0.0%
HUN	F	-0.0%