MFDX vs. FIDI ETF Comparison

Comparison of PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) to Fidelity International High Dividend ETF (FIDI)

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

$30.41

Average Daily Volume

24,135

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FIDI

Fidelity International High Dividend ETF

FIDI Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity ® International High Dividend Index. The fund normally invests at least 80% of assets in securities included in the Fidelity ® International High Dividend Index and in depository receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization developed international high dividend-paying companies that are expected to continue to pay and grow their dividends.

Grade (RS Rating)

Last Trade

$20.32

Average Daily Volume

14,164

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MFDX	FIDI
30 Days	-1.45%	-2.76%
60 Days	-5.23%	-5.85%
90 Days	-4.02%	-4.63%
12 Months	11.37%	10.42%

7 Overlapping Holdings

Symbol	Grade	Weight in MFDX	Weight in FIDI	Overlap
CNI	D	0.16%	0.51%	0.16%
HSBH	B	0.4%	2.02%	0.4%
MFG	B	0.36%	1.48%	0.36%
NVS	D	0.61%	0.58%	0.58%
SMFG	B	0.27%	1.79%	0.27%
STLA	F	0.06%	0.24%	0.06%
TM	D	0.21%	0.73%	0.21%

MFDX Overweight 44 Positions Relative to FIDI

Symbol	Grade	Weight
UL	D	1.11%
ABBV	D	0.7%
MUFG	B	0.39%
TT	A	0.37%
MDT	D	0.34%
NXPI	D	0.32%
BCS	C	0.28%
ARM	D	0.28%
GRMN	B	0.26%
SE	B	0.22%
SPOT	B	0.22%
WCN	A	0.21%
HMC	F	0.16%
DEO	F	0.14%
LOGI	D	0.13%
CHKP	D	0.12%
RBA	A	0.11%
LYG	F	0.1%
TEVA	D	0.1%
GOLD	D	0.09%
E	F	0.08%
WFG	D	0.08%
ICLR	D	0.08%
NMR	B	0.07%
LULU	C	0.07%
CCEP	C	0.06%
WIX	B	0.06%
ALLE	D	0.05%
AGCO	D	0.04%
CYBR	B	0.04%
QGEN	D	0.04%
ALV	C	0.04%
SONY	B	0.03%
PDS	C	0.03%
AEI	D	0.03%
DOOO	F	0.02%
ASND	D	0.02%
MNDY	C	0.02%
FRO	F	0.02%
SFL	D	0.01%
AER	B	0.01%
YY	C	0.01%
MBAVU	D	0.0%
CSIQ	F	0.0%

MFDX Underweight 1 Positions Relative to FIDI

	Symbol	Grade	Weight
	TD	F	-1.28%