KOKU vs. MFUS ETF Comparison

Comparison of Xtrackers MSCI Kokusai Equity ETF (KOKU) to PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS)

KOKU

Xtrackers MSCI Kokusai Equity ETF

KOKU Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Kokusai Index. The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of issuers from developed markets (excluding Japan). The index is designed to track the performance of equity markets in developed markets (excluding Japan). It is non-diversified.

Grade (RS Rating)

Last Trade

$95.12

Average Daily Volume

884

Number of Holdings ^*

619

* 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

$48.06

Average Daily Volume

4,702

Number of Holdings ^*

782

* may have additional holdings in another (foreign) market

Performance

Period	KOKU	MFUS
30 Days	-0.80%	1.58%
60 Days	1.51%	3.68%
90 Days	4.52%	6.69%
12 Months	17.43%	20.74%

401 Overlapping Holdings

Symbol	Grade	Weight in KOKU	Weight in MFUS	Overlap
A	B	0.06%	0.05%	0.05%
AAPL	C	5.13%	0.68%	0.68%
ABBV	A	0.48%	1.2%	0.48%
ABBV	A	0.14%	1.2%	0.14%
ACI	F	0.01%	0.01%	0.01%
ACM	B	0.02%	0.04%	0.02%
ACN	C	0.32%	0.18%	0.18%
ADBE	B	0.39%	0.04%	0.04%
ADM	D	0.05%	0.34%	0.05%
ADP	A	0.16%	0.08%	0.08%
ADSK	C	0.08%	0.08%	0.08%
AES	D	0.02%	0.04%	0.02%
AFG	B	0.01%	0.01%	0.01%
AFL	A	0.08%	0.17%	0.08%
AIG	C	0.08%	0.44%	0.08%
AIZ	B	0.02%	0.07%	0.02%
AJG	A	0.09%	0.08%	0.08%
AKAM	C	0.02%	0.03%	0.02%
ALGN	F	0.03%	0.02%	0.02%
ALL	A	0.07%	0.34%	0.07%
ALLY	B	0.02%	0.14%	0.02%
AMAT	D	0.29%	0.52%	0.29%
AMGN	B	0.28%	1.06%	0.28%
AMH	C	0.02%	0.03%	0.02%
AMP	D	0.07%	0.08%	0.07%
AMZN	D	2.67%	1.29%	1.29%
ANET	C	0.15%	0.13%	0.13%
ANSS	F	0.04%	0.06%	0.04%
AON	B	0.09%	0.17%	0.09%
AOS	C	0.02%	0.11%	0.02%
APH	D	0.12%	0.1%	0.1%
APO	C	0.08%	0.12%	0.08%
APP	D	0.02%	0.03%	0.02%
ARES	B	0.05%	0.1%	0.05%
AVGO	D	1.1%	1.38%	1.1%
AVTR	B	0.02%	0.03%	0.02%
AVY	D	0.03%	0.1%	0.03%
AXP	A	0.22%	0.19%	0.19%
AZO	B	0.08%	0.28%	0.08%
BAC	C	0.47%	0.42%	0.42%
BAH	D	0.03%	0.14%	0.03%
BALL	C	0.03%	0.07%	0.03%
BAX	C	0.03%	0.03%	0.03%
BBWI	F	0.01%	0.02%	0.01%
BBY	C	0.03%	0.22%	0.03%
BDX	C	0.11%	0.09%	0.09%
BEN	D	0.01%	0.05%	0.01%
BIIB	F	0.05%	0.09%	0.05%
BK	A	0.08%	0.25%	0.08%
BKNG	D	0.21%	0.48%	0.21%
BKR	B	0.06%	0.17%	0.06%
BLDR	C	0.03%	0.03%	0.03%
BMRN	C	0.02%	0.02%	0.02%
BMY	B	0.14%	0.26%	0.14%
BR	A	0.04%	0.15%	0.04%
BRK.A	C	0.89%	1.92%	0.89%
BRO	A	0.04%	0.12%	0.04%
BSX	D	0.18%	0.18%	0.18%
BURL	B	0.02%	0.03%	0.02%
BX	B	0.16%	0.23%	0.16%
BXP	B	0.01%	0.01%	0.01%
C	B	0.2%	1.36%	0.2%
CAG	A	0.02%	0.04%	0.02%
CAH	B	0.04%	0.3%	0.04%
CARR	B	0.09%	0.11%	0.09%
CAT	C	0.27%	0.42%	0.27%
CB	A	0.16%	0.14%	0.14%
CCK	B	0.02%	0.06%	0.02%
CCL	D	0.03%	0.05%	0.03%
CDW	D	0.05%	0.06%	0.05%
CE	F	0.02%	0.08%	0.02%
CEG	D	0.09%	0.09%	0.09%
CFG	B	0.03%	0.07%	0.03%
CG	B	0.01%	0.03%	0.01%
CHD	D	0.04%	0.06%	0.04%
CHRD	D	0.02%	0.03%	0.02%
CHRW	A	0.02%	0.08%	0.02%
CHTR	B	0.05%	0.24%	0.05%
CI	C	0.15%	0.14%	0.14%
CINF	A	0.03%	0.02%	0.02%
CL	A	0.12%	0.3%	0.12%
CLX	D	0.02%	0.12%	0.02%
CMCSA	C	0.25%	0.24%	0.24%
CME	F	0.11%	0.18%	0.11%
CMG	D	0.12%	0.21%	0.12%
CMI	B	0.06%	0.11%	0.06%
COF	B	0.09%	0.45%	0.09%
COIN	C	0.08%	0.1%	0.08%
COP	F	0.21%	0.33%	0.21%
COST	D	0.59%	1.14%	0.59%
CPAY	C	0.03%	0.05%	0.03%
CPB	A	0.01%	0.01%	0.01%
CPRT	D	0.07%	0.2%	0.07%
CPT	A	0.02%	0.05%	0.02%
CRBG	D	0.01%	0.04%	0.01%
CRM	C	0.38%	0.36%	0.36%
CSCO	C	0.29%	0.41%	0.29%
CSL	C	0.03%	0.02%	0.02%
CSX	B	0.1%	0.08%	0.08%
CTAS	A	0.11%	0.16%	0.11%
CTLT	A	0.01%	0.02%	0.01%
CTRA	F	0.03%	0.03%	0.03%
CTVA	C	0.06%	0.03%	0.03%
CVS	C	0.12%	0.84%	0.12%
CVX	C	0.43%	0.9%	0.43%
DASH	D	0.05%	0.07%	0.05%
DD	A	0.05%	0.22%	0.05%
DECK	D	0.04%	0.16%	0.04%
DELL	D	0.05%	0.06%	0.05%
DFS	C	0.06%	0.08%	0.06%
DG	D	0.04%	0.08%	0.04%
DGX	A	0.02%	0.06%	0.02%
DHR	A	0.27%	0.26%	0.26%
DINO	D	0.01%	0.03%	0.01%
DKS	D	0.02%	0.09%	0.02%
DLR	B	0.08%	0.08%	0.08%
DLTR	F	0.04%	0.04%	0.04%
DOV	C	0.04%	0.02%	0.02%
DOW	F	0.06%	0.04%	0.04%
DPZ	D	0.02%	0.19%	0.02%
DRI	D	0.03%	0.02%	0.02%
DUK	A	0.13%	0.13%	0.13%
DVA	D	0.01%	0.17%	0.01%
EA	B	0.06%	0.09%	0.06%
EBAY	A	0.04%	0.31%	0.04%
ECL	B	0.1%	0.08%	0.08%
EFX	A	0.05%	0.08%	0.05%
ELS	A	0.02%	0.03%	0.02%
ELV	C	0.18%	0.08%	0.08%
EME	D	0.03%	0.03%	0.03%
EMN	B	0.02%	0.06%	0.02%
EMR	B	0.11%	0.17%	0.11%
ENTG	F	0.03%	0.05%	0.03%
EOG	C	0.11%	0.11%	0.11%
EQH	B	0.03%	0.07%	0.03%
EQIX	B	0.12%	0.03%	0.03%
ERIE	A	0.02%	0.07%	0.02%
ETN	D	0.2%	0.19%	0.19%
EVRG	A	0.02%	0.01%	0.01%
EXC	B	0.06%	0.11%	0.06%
EXPD	A	0.03%	0.07%	0.03%
EXR	B	0.05%	0.07%	0.05%
F	F	0.09%	0.44%	0.09%
FANG	C	0.05%	0.05%	0.05%
FAST	C	0.06%	0.1%	0.06%
FCNCA	B	0.03%	0.05%	0.03%
FCX	D	0.11%	0.1%	0.1%
FDS	F	0.03%	0.05%	0.03%
FFIV	B	0.02%	0.03%	0.02%
FICO	B	0.07%	0.2%	0.07%
FIS	D	0.07%	0.07%	0.07%
FITB	B	0.04%	0.05%	0.04%
FNF	A	0.02%	0.02%	0.02%
FOXA	A	0.02%	0.08%	0.02%
FTNT	F	0.06%	0.04%	0.04%
GD	C	0.1%	0.16%	0.1%
GDDY	C	0.03%	0.09%	0.03%
GE	B	0.28%	1.08%	0.28%
GEHC	B	0.05%	0.02%	0.02%
GGG	C	0.02%	0.04%	0.02%
GILD	B	0.14%	0.71%	0.14%
GIS	B	0.06%	0.1%	0.06%
GLPI	B	0.02%	0.07%	0.02%
GLW	C	0.06%	0.21%	0.06%
GM	D	0.09%	0.59%	0.09%
GOOGL	D	1.67%	1.37%	1.37%
GPC	B	0.03%	0.02%	0.02%
GS	B	0.25%	0.48%	0.25%
GWW	C	0.07%	0.17%	0.07%
H	C	0.01%	0.01%	0.01%
HAL	F	0.05%	0.04%	0.04%
HBAN	B	0.03%	0.03%	0.03%
HCA	A	0.1%	0.12%	0.1%
HD	C	0.56%	0.38%	0.38%
HEI	A	0.02%	0.03%	0.02%
HEI	A	0.01%	0.03%	0.01%
HIG	A	0.05%	0.05%	0.05%
HII	C	0.01%	0.02%	0.01%
HLT	C	0.09%	0.08%	0.08%
HOLX	A	0.03%	0.03%	0.03%
HOOD	D	0.02%	0.03%	0.02%
HPE	D	0.04%	0.25%	0.04%
HPQ	C	0.05%	0.31%	0.05%
HRL	B	0.02%	0.01%	0.01%
HSIC	B	0.01%	0.03%	0.01%
HST	F	0.02%	0.02%	0.02%
HSY	B	0.04%	0.06%	0.04%
HUBB	C	0.03%	0.08%	0.03%
HWM	A	0.05%	0.11%	0.05%
IBM	B	0.27%	1.2%	0.27%
ICE	A	0.13%	0.27%	0.13%
IDXX	D	0.06%	0.06%	0.06%
IEX	D	0.03%	0.08%	0.03%
IFF	A	0.04%	0.03%	0.03%
INCY	C	0.02%	0.01%	0.01%
INTC	F	0.22%	0.61%	0.22%
INTU	B	0.28%	0.26%	0.26%
INVH	B	0.03%	0.06%	0.03%
IP	A	0.03%	0.12%	0.03%
IPG	B	0.02%	0.07%	0.02%
IR	C	0.06%	0.1%	0.06%
IRM	A	0.05%	0.1%	0.05%
IT	A	0.06%	0.14%	0.06%
ITW	C	0.12%	0.08%	0.08%
JBHT	C	0.02%	0.02%	0.02%
JBL	F	0.02%	0.07%	0.02%
JKHY	B	0.02%	0.1%	0.02%
JNJ	B	0.58%	0.97%	0.58%
JNPR	A	0.02%	0.12%	0.02%
JPM	B	0.94%	0.93%	0.93%
K	A	0.02%	0.07%	0.02%
KDP	A	0.05%	0.06%	0.05%
KEY	C	0.02%	0.02%	0.02%
KHC	B	0.04%	0.15%	0.04%
KKR	B	0.12%	0.12%	0.12%
KLAC	D	0.17%	0.25%	0.17%
KMB	B	0.07%	0.16%	0.07%
KMI	B	0.07%	0.08%	0.07%
KNX	B	0.01%	0.01%	0.01%
KO	A	0.41%	0.56%	0.41%
KR	B	0.06%	0.36%	0.06%
L	B	0.02%	0.08%	0.02%
LDOS	C	0.03%	0.08%	0.03%
LEN	B	0.07%	0.08%	0.07%
LHX	B	0.07%	0.2%	0.07%
LII	B	0.03%	0.22%	0.03%
LLY	D	1.09%	2.4%	1.09%
LMT	A	0.16%	0.48%	0.16%
LOW	B	0.21%	0.22%	0.21%
LPLA	F	0.03%	0.08%	0.03%
LRCX	F	0.2%	0.34%	0.2%
LVS	F	0.03%	0.01%	0.01%
LW	F	0.02%	0.03%	0.02%
LYB	B	0.04%	0.22%	0.04%
MA	C	0.58%	0.71%	0.58%
MANH	B	0.02%	0.03%	0.02%
MAR	F	0.1%	0.12%	0.1%
MAS	B	0.02%	0.05%	0.02%
MCD	C	0.29%	0.35%	0.29%
MCK	A	0.12%	0.6%	0.12%
MCO	A	0.12%	0.03%	0.03%
MDLZ	C	0.14%	0.19%	0.14%
MET	B	0.07%	0.37%	0.07%
META	C	1.67%	1.87%	1.67%
MKC	B	0.03%	0.07%	0.03%
MKL	C	0.03%	0.03%	0.03%
MKTX	C	0.01%	0.02%	0.01%
MLM	B	0.06%	0.06%	0.06%
MMC	A	0.17%	0.18%	0.17%
MMM	A	0.09%	0.33%	0.09%
MNST	C	0.06%	0.06%	0.06%
MO	A	0.14%	0.48%	0.14%
MOH	C	0.03%	0.02%	0.02%
MOS	D	0.02%	0.04%	0.02%
MPC	C	0.1%	0.67%	0.1%
MPWR	C	0.07%	0.08%	0.07%
MRK	F	0.5%	0.96%	0.5%
MRO	D	0.03%	0.11%	0.03%
MSCI	B	0.06%	0.07%	0.06%
MSI	A	0.1%	0.13%	0.1%
MTB	B	0.04%	0.03%	0.03%
MTD	A	0.05%	0.08%	0.05%
MU	D	0.2%	0.19%	0.19%
NBIX	A	0.02%	0.05%	0.02%
NDAQ	B	0.04%	0.02%	0.02%
NDSN	C	0.02%	0.04%	0.02%
NEM	A	0.08%	0.09%	0.08%
NFLX	D	0.44%	0.42%	0.42%
NKE	F	0.14%	0.04%	0.04%
NOC	A	0.1%	0.19%	0.1%
NOW	B	0.24%	0.32%	0.24%
NRG	D	0.03%	0.07%	0.03%
NTAP	C	0.04%	0.09%	0.04%
NTRS	B	0.03%	0.02%	0.02%
NUE	F	0.06%	0.08%	0.06%
NVDA	D	4.81%	1.71%	1.71%
NVR	A	0.05%	0.07%	0.05%
NWSA	C	0.02%	0.07%	0.02%
OC	B	0.03%	0.08%	0.03%
ODFL	B	0.06%	0.02%	0.02%
OKE	B	0.08%	0.07%	0.07%
OKTA	C	0.02%	0.03%	0.02%
OMC	B	0.03%	0.05%	0.03%
ORCL	B	0.36%	1.02%	0.36%
ORLY	A	0.1%	0.17%	0.1%
OTIS	D	0.07%	0.07%	0.07%
PANW	C	0.17%	0.24%	0.17%
PARA	D	0.01%	0.02%	0.01%
PAYX	A	0.06%	0.03%	0.03%
PCAR	F	0.09%	0.08%	0.08%
PEG	A	0.06%	0.05%	0.05%
PEP	B	0.36%	0.59%	0.36%
PFE	B	0.26%	0.54%	0.26%
PFG	C	0.03%	0.01%	0.01%
PG	B	0.62%	0.84%	0.62%
PGR	B	0.19%	0.44%	0.19%
PH	B	0.11%	0.12%	0.11%
PHM	B	0.04%	0.16%	0.04%
PINS	F	0.04%	0.05%	0.04%
PKG	A	0.03%	0.05%	0.03%
PM	A	0.26%	0.5%	0.26%
PNC	B	0.11%	0.1%	0.1%
PNR	B	0.02%	0.08%	0.02%
POOL	B	0.02%	0.06%	0.02%
PPG	F	0.05%	0.04%	0.04%
PRU	B	0.07%	0.27%	0.07%
PSA	B	0.08%	0.03%	0.03%
PSTG	D	0.03%	0.04%	0.03%
PSX	C	0.09%	0.6%	0.09%
PTC	D	0.04%	0.05%	0.04%
PWR	D	0.06%	0.13%	0.06%
QCOM	D	0.34%	0.71%	0.34%
QRVO	C	0.02%	0.01%	0.01%
RCL	C	0.06%	0.08%	0.06%
REGN	A	0.18%	0.43%	0.18%
RJF	F	0.03%	0.01%	0.01%
RMD	B	0.05%	0.1%	0.05%
ROL	C	0.02%	0.05%	0.02%
ROP	D	0.09%	0.06%	0.06%
ROST	D	0.07%	0.07%	0.07%
RPM	B	0.02%	0.11%	0.02%
RPRX	C	0.02%	0.03%	0.02%
RS	C	0.02%	0.09%	0.02%
RSG	B	0.07%	0.12%	0.07%
SBAC	B	0.04%	0.02%	0.02%
SBUX	F	0.13%	0.05%	0.05%
SCHW	F	0.16%	0.17%	0.16%
SEIC	B	0.01%	0.07%	0.01%
SHW	A	0.12%	0.19%	0.12%
SJM	B	0.02%	0.03%	0.02%
SLB	C	0.11%	0.11%	0.11%
SMCI	D	0.06%	0.25%	0.06%
SNAP	F	0.02%	0.03%	0.02%
SPG	B	0.08%	0.14%	0.08%
SPGI	A	0.24%	0.06%	0.06%
STE	A	0.03%	0.12%	0.03%
STLD	C	0.03%	0.05%	0.03%
STZ	F	0.06%	0.04%	0.04%
SUI	A	0.02%	0.05%	0.02%
SYF	C	0.04%	0.32%	0.04%
SYY	B	0.06%	0.06%	0.06%
T	A	0.2%	1.1%	0.2%
TAP	C	0.01%	0.08%	0.01%
TDG	D	0.11%	0.15%	0.11%
TER	D	0.04%	0.04%	0.04%
TFC	B	0.09%	0.09%	0.09%
TFX	B	0.02%	0.03%	0.02%
TGT	C	0.11%	0.68%	0.11%
TJX	A	0.2%	0.32%	0.2%
TMUS	A	0.15%	0.29%	0.15%
TRGP	A	0.05%	0.12%	0.05%
TROW	D	0.04%	0.08%	0.04%
TRV	B	0.07%	0.28%	0.07%
TSCO	D	0.04%	0.07%	0.04%
TSN	A	0.03%	0.21%	0.03%
TTC	C	0.01%	0.08%	0.01%
TTWO	F	0.04%	0.07%	0.04%
TW	A	0.02%	0.05%	0.02%
TXN	C	0.29%	0.21%	0.21%
TXT	B	0.03%	0.03%	0.03%
TYL	B	0.04%	0.07%	0.04%
UBER	F	0.2%	0.2%	0.2%
UDR	B	0.02%	0.03%	0.02%
UHAL	B	0.01%	0.03%	0.01%
UHAL	B	0.01%	0.01%	0.01%
UHS	A	0.02%	0.08%	0.02%
ULTA	F	0.03%	0.04%	0.03%
UNP	B	0.23%	0.45%	0.23%
UPS	F	0.16%	0.19%	0.16%
URI	C	0.08%	0.1%	0.08%
USB	B	0.11%	0.11%	0.11%
UTHR	B	0.02%	0.16%	0.02%
V	D	0.66%	0.77%	0.66%
VLO	B	0.07%	0.6%	0.07%
VMC	A	0.06%	0.07%	0.06%
VRSK	C	0.06%	0.21%	0.06%
VRSN	C	0.03%	0.04%	0.03%
VRTX	A	0.2%	0.22%	0.2%
VST	D	0.05%	0.25%	0.05%
VTRS	B	0.02%	0.14%	0.02%
VZ	C	0.25%	0.92%	0.25%
WAB	D	0.05%	0.04%	0.04%
WAT	B	0.03%	0.04%	0.03%
WBA	F	0.01%	0.18%	0.01%
WDC	F	0.04%	0.18%	0.04%
WELL	A	0.09%	0.1%	0.09%
WFC	C	0.33%	1.56%	0.33%
WM	C	0.14%	0.25%	0.14%
WMB	B	0.09%	0.08%	0.08%
WMT	B	0.48%	1.7%	0.48%
WPC	C	0.02%	0.05%	0.02%
WRB	B	0.02%	0.02%	0.02%
WSM	C	0.03%	0.25%	0.03%
WSO	C	0.02%	0.22%	0.02%
WST	F	0.04%	0.05%	0.04%
WTW	A	0.04%	0.04%	0.04%
XOM	B	0.8%	1.04%	0.8%
XRX	F	0.02%	0.02%	0.02%
XYL	D	0.05%	0.12%	0.05%
YUM	C	0.06%	0.1%	0.06%
ZTS	B	0.13%	0.04%	0.04%

KOKU Overweight 219 Positions Relative to MFUS

Symbol	Grade	Weight
MSFT	D	4.87%
GOOG	D	1.46%
TSLA	C	1.12%
UNH	A	0.81%
AMD	F	0.39%
LIN	B	0.34%
NVS	A	0.33%
TMO	A	0.32%
ABT	B	0.28%
DIS	D	0.27%
ISRG	B	0.26%
UL	A	0.23%
NEE	A	0.23%
HON	D	0.22%
RTX	A	0.21%
BLK	A	0.2%
MS	B	0.2%
ADI	D	0.19%
PLD	B	0.18%
SYK	D	0.18%
MDT	C	0.17%
DE	F	0.16%
TD	C	0.16%
BA	D	0.16%
AMT	A	0.15%
SO	A	0.14%
SNPS	F	0.14%
SHOP	F	0.12%
TT	B	0.12%
CDNS	F	0.12%
MELI	D	0.12%
CNI	F	0.11%
NXPI	D	0.11%
DEO	F	0.11%
FDX	B	0.11%
PYPL	C	0.1%
ABNB	F	0.1%
APD	C	0.09%
MRVL	F	0.09%
CRWD	F	0.09%
LYG	C	0.08%
AEP	A	0.08%
MCHP	F	0.08%
NSC	B	0.08%
PLTR	C	0.08%
DHI	B	0.08%
EW	F	0.08%
SNOW	F	0.07%
DXCM	F	0.07%
D	A	0.07%
IQV	B	0.07%
BCS	B	0.07%
LNG	A	0.07%
CCI	A	0.07%
TTD	D	0.07%
STLA	F	0.07%
GEV	C	0.07%
WCN	A	0.07%
WDAY	D	0.07%
JCI	C	0.07%
HUM	D	0.07%
O	A	0.07%
SRE	A	0.07%
TEL	C	0.07%
ACGL	D	0.06%
PCG	A	0.06%
CNC	B	0.06%
SQ	F	0.06%
CTSH	B	0.06%
AME	D	0.06%
MRNA	F	0.06%
HES	D	0.06%
OXY	F	0.06%
MSTR	C	0.05%
CBRE	A	0.05%
XEL	B	0.05%
VRT	D	0.05%
CSGP	C	0.05%
ROK	D	0.05%
DVN	F	0.05%
LULU	F	0.05%
AVB	A	0.05%
VICI	A	0.05%
GOLD	B	0.05%
ED	A	0.05%
DDOG	F	0.05%
E	B	0.05%
ON	D	0.05%
KVUE	D	0.05%
FLUT	C	0.05%
WY	B	0.04%
VLTO	A	0.04%
EL	F	0.04%
FE	A	0.04%
DTE	A	0.04%
NET	D	0.04%
RF	B	0.04%
SE	D	0.04%
ES	A	0.04%
HUBS	F	0.04%
KEYS	F	0.04%
WEC	A	0.04%
GPN	D	0.04%
STT	B	0.04%
GRMN	B	0.04%
EQR	A	0.04%
FTV	F	0.04%
ETR	A	0.04%
TEAM	D	0.04%
ALNY	A	0.04%
AWK	A	0.04%
VEEV	C	0.04%
EIX	A	0.04%
TRU	B	0.03%
CMS	A	0.03%
CHKP	A	0.03%
BG	C	0.03%
LYV	C	0.03%
SSNC	A	0.03%
MAA	A	0.03%
TPL	B	0.03%
RBLX	C	0.03%
CBOE	B	0.03%
ZS	F	0.03%
CNP	F	0.03%
MDB	F	0.03%
EXPE	D	0.03%
ATO	A	0.03%
TDY	B	0.03%
AER	C	0.03%
APTV	D	0.03%
ILMN	B	0.03%
SWKS	C	0.03%
ARE	D	0.03%
ESS	A	0.03%
TEVA	A	0.03%
WBD	D	0.03%
AEE	A	0.03%
EQT	F	0.03%
STX	C	0.03%
PPL	A	0.03%
VTR	A	0.03%
FSLR	D	0.03%
SW	F	0.03%
J	B	0.03%
ZBH	C	0.03%
AXON	C	0.03%
CNH	F	0.02%
WIX	D	0.02%
ALB	F	0.02%
LKQ	F	0.02%
APA	C	0.02%
REG	A	0.02%
RIVN	C	0.02%
DOCU	D	0.02%
OVV	F	0.02%
CYBR	C	0.02%
ALLE	B	0.02%
CRL	B	0.02%
KMX	C	0.02%
EPAM	C	0.02%
TECH	B	0.02%
NI	A	0.02%
MGM	D	0.02%
DT	F	0.02%
WTRG	A	0.02%
PODD	B	0.02%
SNA	B	0.02%
AMCR	A	0.02%
LOGI	F	0.02%
ENPH	F	0.02%
RBA	C	0.02%
LNT	A	0.02%
SWK	B	0.02%
CCEP	C	0.02%
KIM	A	0.02%
CF	D	0.02%
TRMB	F	0.02%
DOC	A	0.02%
ZM	F	0.02%
DKNG	F	0.02%
ZBRA	B	0.02%
EG	D	0.02%
GLBE	D	0.01%
FUTU	D	0.01%
CFLT	F	0.01%
LUV	F	0.01%
U	F	0.01%
PATH	F	0.01%
WLK	D	0.01%
PCTY	C	0.01%
FOX	A	0.01%
DAL	F	0.01%
RGEN	B	0.01%
BSY	F	0.01%
IOT	C	0.01%
GRAB	F	0.01%
Z	D	0.01%
ROKU	D	0.01%
SOLV	B	0.01%
CZR	D	0.01%
CELH	F	0.01%
OTEX	D	0.01%
ETSY	D	0.01%
CHK	F	0.01%
BIO	B	0.01%
CLF	F	0.01%
LSCC	F	0.01%
EXAS	C	0.01%
PAYC	C	0.01%
DAY	C	0.01%
WYNN	F	0.01%
MNDY	D	0.01%
QGEN	A	0.01%
TOST	C	0.01%
MTCH	B	0.01%
TWLO	D	0.01%
DOOO	C	0.0%
WFG	B	0.0%

KOKU Underweight 383 Positions Relative to MFUS

Symbol	Grade	Weight
ANF	D	-0.32%
THC	B	-0.26%
MUSA	A	-0.17%
SFM	A	-0.16%
CASY	B	-0.15%
EVR	B	-0.12%
FTI	B	-0.12%
CRS	B	-0.1%
AEO	D	-0.1%
UNM	A	-0.1%
BWXT	C	-0.09%
LSTR	B	-0.09%
LECO	C	-0.09%
CACI	A	-0.09%
AN	B	-0.09%
GPK	B	-0.09%
JXN	B	-0.09%
TOL	B	-0.09%
ALSN	A	-0.08%
TEX	C	-0.08%
HCC	C	-0.08%
PBF	F	-0.08%
GPS	D	-0.08%
USFD	C	-0.08%
X	B	-0.08%
CMC	B	-0.08%
EHC	A	-0.08%
CW	A	-0.08%
MTH	B	-0.08%
WU	D	-0.08%
GPI	B	-0.08%
HRB	A	-0.08%
WCC	F	-0.08%
OGN	B	-0.08%
TMHC	B	-0.08%
ITT	B	-0.08%
NSIT	C	-0.07%
ATR	A	-0.07%
KD	C	-0.07%
SEE	B	-0.07%
URBN	C	-0.07%
UFPI	B	-0.07%
GNTX	F	-0.07%
SLM	C	-0.07%
FCN	C	-0.07%
HLI	B	-0.07%
AYI	D	-0.07%
OSK	D	-0.07%
ABG	B	-0.07%
MUR	F	-0.06%
CHE	B	-0.06%
R	B	-0.06%
SANM	B	-0.06%
KSS	D	-0.06%
IVZ	B	-0.06%
BC	C	-0.06%
SCI	B	-0.06%
TPX	C	-0.06%
MMS	B	-0.06%
PK	F	-0.06%
CNX	B	-0.06%
MSM	C	-0.06%
TPH	C	-0.06%
FLEX	D	-0.06%
LPX	B	-0.06%
MLI	B	-0.06%
BCC	C	-0.06%
THO	C	-0.06%
ARW	C	-0.06%
SLG	B	-0.06%
CALM	A	-0.06%
LANC	B	-0.05%
AR	D	-0.05%
PR	F	-0.05%
G	B	-0.05%
CRUS	C	-0.05%
LAMR	B	-0.05%
PAG	B	-0.05%
AVT	D	-0.05%
GNRC	C	-0.05%
MAC	C	-0.05%
AMG	B	-0.05%
WEN	C	-0.05%
SIG	F	-0.05%
BWA	C	-0.05%
VNO	B	-0.05%
MTN	D	-0.05%
TKR	B	-0.05%
POST	A	-0.05%
FIX	C	-0.05%
IBKR	D	-0.05%
JLL	B	-0.05%
RGA	A	-0.05%
GT	F	-0.05%
EXP	B	-0.05%
NOV	B	-0.05%
ATI	B	-0.05%
TXRH	A	-0.05%
NYT	B	-0.05%
M	D	-0.05%
KTB	A	-0.05%
ATGE	B	-0.05%
SKYW	C	-0.05%
LOPE	A	-0.05%
LNC	B	-0.05%
FL	B	-0.05%
NXST	B	-0.05%
CRI	F	-0.05%
INGR	A	-0.05%
MHO	B	-0.05%
BERY	B	-0.05%
GVA	B	-0.04%
CNO	B	-0.04%
LEA	C	-0.04%
SON	D	-0.04%
WTM	C	-0.04%
XPO	B	-0.04%
MSA	C	-0.04%
HUBG	B	-0.04%
HP	C	-0.04%
THG	A	-0.04%
SEM	B	-0.04%
COLD	B	-0.04%
FHI	C	-0.04%
FLO	C	-0.04%
BHF	B	-0.04%
APG	D	-0.04%
GMS	C	-0.04%
SEB	D	-0.04%
MTG	B	-0.04%
GATX	C	-0.04%
APLE	C	-0.04%
AGNC	B	-0.04%
BLD	C	-0.04%
PDCO	C	-0.04%
RGLD	A	-0.04%
GNW	B	-0.04%
CUBE	B	-0.04%
BDC	A	-0.04%
SRCL	A	-0.04%
XRAY	C	-0.04%
OMF	C	-0.04%
MAN	B	-0.04%
AROC	C	-0.04%
TGNA	C	-0.04%
PVH	F	-0.04%
AMKR	F	-0.04%
MOG.A	B	-0.04%
KBH	B	-0.04%
HXL	D	-0.04%
DCI	B	-0.04%
SLGN	A	-0.04%
GEO	C	-0.04%
DDS	F	-0.04%
VC	C	-0.04%
NFG	A	-0.04%
CLH	A	-0.04%
SAIA	F	-0.04%
OLN	F	-0.04%
ABM	A	-0.04%
WHR	C	-0.04%
RRC	F	-0.04%
SMG	B	-0.04%
VSH	C	-0.04%
VIRT	C	-0.04%
BTU	D	-0.04%
CBT	C	-0.04%
COOP	C	-0.04%
UNF	A	-0.03%
SHO	D	-0.03%
FR	A	-0.03%
RLI	A	-0.03%
MATX	B	-0.03%
TDC	F	-0.03%
PRG	B	-0.03%
HAE	C	-0.03%
SSD	C	-0.03%
SITC	B	-0.03%
MC	C	-0.03%
WH	C	-0.03%
HBI	B	-0.03%
FND	F	-0.03%
CVLT	B	-0.03%
BRKR	D	-0.03%
NVT	D	-0.03%
VNT	F	-0.03%
BKU	B	-0.03%
ZION	C	-0.03%
NAVI	C	-0.03%
SBH	D	-0.03%
AWI	B	-0.03%
RUSHA	A	-0.03%
SHOO	C	-0.03%
TDS	B	-0.03%
ADNT	F	-0.03%
MORN	B	-0.03%
GBX	C	-0.03%
CPNG	D	-0.03%
MDU	B	-0.03%
YELP	F	-0.03%
LSXMK	D	-0.03%
VVV	B	-0.03%
WTS	B	-0.03%
PRIM	B	-0.03%
SLVM	B	-0.03%
DK	D	-0.03%
JEF	B	-0.03%
DOX	B	-0.03%
CMA	B	-0.03%
AVA	A	-0.03%
OI	C	-0.03%
SM	D	-0.03%
ASO	F	-0.03%
TRN	A	-0.03%
JHG	B	-0.03%
JWN	B	-0.03%
DBRG	D	-0.03%
ACA	B	-0.03%
DLB	F	-0.03%
RL	D	-0.03%
BJ	C	-0.03%
DORM	B	-0.02%
SNDR	B	-0.02%
TNET	D	-0.02%
IOSP	C	-0.02%
GWRE	B	-0.02%
APOG	B	-0.02%
HNI	B	-0.02%
LEG	D	-0.02%
CHDN	B	-0.02%
PSN	B	-0.02%
LXP	B	-0.02%
DAN	D	-0.02%
IGT	C	-0.02%
LBRDK	B	-0.02%
MCY	A	-0.02%
PTEN	D	-0.02%
RHI	F	-0.02%
DNOW	B	-0.02%
NTCT	C	-0.02%
EWBC	C	-0.02%
OSIS	B	-0.02%
DXC	C	-0.02%
SAM	F	-0.02%
PMT	C	-0.02%
ANDE	C	-0.02%
PFSI	C	-0.02%
AIT	C	-0.02%
EXEL	A	-0.02%
XHR	D	-0.02%
VSTO	A	-0.02%
FAF	B	-0.02%
GES	C	-0.02%
LNW	A	-0.02%
GHC	C	-0.02%
AGCO	F	-0.02%
SKX	D	-0.02%
SXT	C	-0.02%
PLXS	B	-0.02%
KBR	B	-0.02%
COHR	C	-0.02%
RLJ	F	-0.02%
EPC	C	-0.02%
AIR	F	-0.02%
COKE	A	-0.02%
BKE	B	-0.02%
GMED	B	-0.02%
PNM	A	-0.02%
AA	F	-0.02%
KMPR	B	-0.02%
MASI	F	-0.02%
GEF	B	-0.02%
FLS	B	-0.02%
AXTA	A	-0.02%
DRH	F	-0.02%
NSP	C	-0.02%
THS	B	-0.02%
LUMN	B	-0.02%
ORA	A	-0.02%
APAM	C	-0.02%
RYN	B	-0.02%
WERN	B	-0.02%
HOG	B	-0.02%
PINC	B	-0.02%
CXW	D	-0.02%
WMS	C	-0.02%
REZI	C	-0.02%
ODP	D	-0.02%
NEU	B	-0.02%
STC	C	-0.02%
CC	F	-0.02%
LZB	B	-0.02%
BFAM	B	-0.02%
WOLF	F	-0.01%
SCHL	F	-0.01%
UAL	F	-0.01%
JAZZ	C	-0.01%
ELAN	D	-0.01%
TPR	D	-0.01%
LYFT	F	-0.01%
WGO	C	-0.01%
AAP	D	-0.01%
SCL	D	-0.01%
UVV	C	-0.01%
SWN	F	-0.01%
ECPG	C	-0.01%
HELE	F	-0.01%
ARCH	F	-0.01%
SCCO	D	-0.01%
ESI	C	-0.01%
SWX	B	-0.01%
SIGI	D	-0.01%
JBGS	C	-0.01%
SPB	D	-0.01%
HUN	D	-0.01%
MLKN	B	-0.01%
PECO	B	-0.01%
ESAB	C	-0.01%
MKSI	D	-0.01%
SAIC	C	-0.01%
CPRI	D	-0.01%
WAFD	B	-0.01%
DY	B	-0.01%
BRC	A	-0.01%
CACC	D	-0.01%
DTM	A	-0.01%
WOR	F	-0.01%
AMED	A	-0.01%
CENTA	D	-0.01%
HPP	C	-0.01%
FYBR	A	-0.01%
MHK	B	-0.01%
JELD	C	-0.01%
FHN	C	-0.01%
FLR	C	-0.01%
CSGS	C	-0.01%
WTFC	C	-0.01%
BECN	B	-0.01%
FELE	B	-0.01%
WMK	A	-0.01%
KALU	F	-0.01%
DEI	B	-0.01%
MTDR	D	-0.01%
SF	B	-0.01%
CR	B	-0.01%
CBSH	B	-0.01%
CADE	C	-0.01%
KN	C	-0.01%
SYNA	F	-0.01%
ONB	B	-0.01%
ARCB	B	-0.01%
LAD	B	-0.01%
CWEN	A	-0.01%
WBS	C	-0.01%
NNI	B	-0.01%
RBC	B	-0.01%
LADR	B	-0.01%
CNM	C	-0.01%
CBRL	D	-0.01%
LAUR	B	-0.01%
SAH	B	-0.01%
AMWD	B	-0.01%
ESNT	B	-0.01%
PSMT	B	-0.01%
TTEK	A	-0.01%
WWD	D	-0.01%
SATS	B	-0.01%
TTMI	C	-0.01%
VFC	B	-0.01%
PHIN	B	-0.01%
WAL	C	-0.01%
BHE	B	-0.01%
KEX	C	-0.01%
CVI	D	-0.01%
OLLI	B	-0.01%
GOLF	B	-0.01%
OMI	C	-0.01%
SNV	B	-0.01%
NWL	B	-0.01%
SCS	B	-0.01%
STRA	D	-0.01%
TREX	D	-0.01%
NOMD	B	-0.0%