MFUS vs. CCMG ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to CCM Global Equity ETF (CCMG)

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

$51.69

Average Daily Volume

5,723

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

CCMG

CCM Global Equity ETF

CCMG Description

Under normal circumstances, the fund will invest at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in equity securities. The fund defines "equity securities" to include U.S. listed common and preferred stock, depositary receipts (e.g., American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs")), and ETFs that provide broad exposure to domestic and international equity securities of companies across all market capitalizations, as well as real estate securities.

Grade (RS Rating)

Last Trade

$28.58

Average Daily Volume

26,081

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	CCMG
30 Days	1.43%	-1.68%
60 Days	5.39%	1.14%
90 Days	8.66%	4.38%
12 Months	36.24%

170 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in CCMG	Overlap
AAPL	D	0.96%	2.51%	0.96%
ABBV	D	1.65%	0.48%	0.48%
ACM	B	0.04%	0.08%	0.04%
ADP	A	0.11%	0.41%	0.11%
AGCO	F	0.02%	0.04%	0.02%
ALSN	B	0.1%	0.07%	0.07%
AMGN	F	1.03%	0.65%	0.65%
AN	D	0.06%	0.08%	0.06%
AOS	F	0.09%	0.09%	0.09%
ARW	F	0.04%	0.08%	0.04%
AYI	A	0.1%	0.06%	0.06%
AZO	C	0.28%	0.5%	0.28%
BBWI	C	0.01%	0.08%	0.01%
BBY	D	0.22%	0.22%	0.22%
BC	D	0.06%	0.07%	0.06%
BKNG	A	0.41%	0.65%	0.41%
BKR	B	0.07%	0.25%	0.07%
BLDR	D	0.04%	0.23%	0.04%
BMY	B	0.4%	0.59%	0.4%
CAG	F	0.04%	0.08%	0.04%
CAH	B	0.25%	0.28%	0.25%
CAT	B	0.2%	0.59%	0.2%
CDW	F	0.03%	0.13%	0.03%
CE	F	0.04%	0.05%	0.04%
CHRW	B	0.13%	0.12%	0.12%
CI	D	0.13%	0.56%	0.13%
CL	F	0.37%	0.44%	0.37%
CLF	D	0.01%	0.07%	0.01%
CLX	B	0.13%	0.14%	0.13%
CMCSA	B	0.16%	0.65%	0.16%
CMI	B	0.13%	0.32%	0.13%
CPAY	A	0.03%	0.19%	0.03%
CRI	F	0.05%	0.07%	0.05%
CROX	F	0.01%	0.06%	0.01%
CSCO	A	0.65%	0.74%	0.65%
CSL	C	0.02%	0.14%	0.02%
CSX	B	0.11%	0.6%	0.11%
CVX	B	0.39%	0.74%	0.39%
DDS	C	0.03%	0.08%	0.03%
DGX	A	0.09%	0.16%	0.09%
DKS	D	0.08%	0.11%	0.08%
DLB	C	0.02%	0.05%	0.02%
DOW	F	0.02%	0.36%	0.02%
DOX	A	0.04%	0.11%	0.04%
DPZ	C	0.13%	0.07%	0.07%
DRI	B	0.03%	0.17%	0.03%
DVA	C	0.15%	0.09%	0.09%
DXC	B	0.01%	0.07%	0.01%
EBAY	D	0.36%	0.37%	0.36%
ELV	F	0.16%	0.59%	0.16%
EMN	D	0.04%	0.13%	0.04%
EMR	A	0.08%	0.37%	0.08%
EXP	B	0.07%	0.06%	0.06%
EXPD	F	0.11%	0.17%	0.11%
FANG	D	0.05%	0.28%	0.05%
FIS	C	0.08%	0.39%	0.08%
FLO	F	0.04%	0.05%	0.04%
FOXA	A	0.11%	0.11%	0.11%
G	B	0.05%	0.04%	0.04%
GDDY	A	0.11%	0.12%	0.11%
GEN	A	0.1%	0.08%	0.08%
GILD	B	0.87%	0.56%	0.56%
GIS	F	0.19%	0.32%	0.19%
GNTX	C	0.05%	0.07%	0.05%
HCA	D	0.27%	0.52%	0.27%
HD	B	0.62%	0.83%	0.62%
HOG	F	0.02%	0.03%	0.02%
HOLX	D	0.04%	0.08%	0.04%
HPQ	B	0.29%	0.43%	0.29%
HRB	D	0.08%	0.1%	0.08%
HRL	F	0.02%	0.04%	0.02%
HSY	D	0.06%	0.14%	0.06%
HUN	F	0.0%	0.06%	0.0%
INGR	B	0.06%	0.05%	0.05%
IP	B	0.09%	0.19%	0.09%
IPG	F	0.04%	0.1%	0.04%
ITW	B	0.1%	0.5%	0.1%
JBL	B	0.03%	0.13%	0.03%
JCI	B	0.06%	0.24%	0.06%
JNJ	F	1.27%	0.82%	0.82%
JNPR	C	0.14%	0.06%	0.06%
KHC	F	0.16%	0.23%	0.16%
KMB	F	0.17%	0.33%	0.17%
KMI	A	0.1%	0.35%	0.1%
KO	F	1.07%	0.47%	0.47%
KR	A	0.37%	0.22%	0.22%
KSS	F	0.02%	0.07%	0.02%
LECO	B	0.06%	0.05%	0.05%
LEN	D	0.07%	0.24%	0.07%
LEN	D	0.07%	0.04%	0.04%
LHX	B	0.27%	0.35%	0.27%
LMT	D	0.78%	0.6%	0.6%
LOPE	B	0.04%	0.08%	0.04%
LOW	B	0.36%	0.62%	0.36%
LPX	A	0.07%	0.08%	0.07%
LRCX	F	0.18%	0.59%	0.18%
LSTR	B	0.09%	0.06%	0.06%
LYB	F	0.16%	0.26%	0.16%
M	D	0.02%	0.07%	0.02%
MAN	F	0.03%	0.08%	0.03%
MAS	D	0.06%	0.17%	0.06%
MCD	D	0.54%	0.47%	0.47%
MCK	B	0.56%	0.57%	0.56%
MDLZ	F	0.24%	0.54%	0.24%
MHK	D	0.01%	0.05%	0.01%
MMM	D	0.58%	0.58%	0.58%
MO	A	0.73%	0.57%	0.57%
MPC	D	0.32%	0.58%	0.32%
MRK	F	0.89%	0.52%	0.52%
MRO	B	0.03%	0.17%	0.03%
MTD	F	0.09%	0.14%	0.09%
MUSA	B	0.15%	0.08%	0.08%
NEM	F	0.18%	0.29%	0.18%
NEU	C	0.02%	0.05%	0.02%
NOC	C	0.37%	0.4%	0.37%
NSC	B	0.07%	0.34%	0.07%
NTAP	C	0.1%	0.22%	0.1%
NUE	C	0.08%	0.46%	0.08%
NVR	D	0.1%	0.22%	0.1%
NWL	B	0.02%	0.05%	0.02%
NXST	C	0.06%	0.07%	0.06%
OC	B	0.02%	0.09%	0.02%
OLN	D	0.04%	0.08%	0.04%
OMC	B	0.06%	0.18%	0.06%
ORLY	A	0.2%	0.52%	0.2%
PAG	C	0.02%	0.04%	0.02%
PEP	F	0.76%	0.45%	0.45%
PFE	F	0.62%	0.62%	0.62%
PG	D	1.03%	0.82%	0.82%
PHM	D	0.1%	0.2%	0.1%
PINC	B	0.02%	0.08%	0.02%
PM	C	0.92%	0.64%	0.64%
POST	D	0.05%	0.04%	0.04%
PSX	D	0.22%	0.56%	0.22%
PVH	C	0.02%	0.07%	0.02%
QRVO	F	0.01%	0.11%	0.01%
RHI	B	0.02%	0.09%	0.02%
RL	B	0.03%	0.08%	0.03%
RS	B	0.04%	0.16%	0.04%
SAIC	B	0.01%	0.05%	0.01%
SCCO	D	0.0%	0.04%	0.0%
SCI	B	0.07%	0.09%	0.07%
SEE	C	0.06%	0.03%	0.03%
SJM	F	0.04%	0.1%	0.04%
SMG	C	0.05%	0.03%	0.03%
SON	F	0.04%	0.03%	0.03%
SPB	A	0.01%	0.03%	0.01%
STLD	B	0.04%	0.24%	0.04%
STZ	D	0.06%	0.21%	0.06%
SYY	B	0.13%	0.22%	0.13%
T	C	0.74%	0.63%	0.63%
TER	D	0.03%	0.09%	0.03%
TGT	C	0.75%	0.54%	0.54%
TOL	B	0.06%	0.11%	0.06%
TPR	B	0.01%	0.13%	0.01%
TPX	C	0.03%	0.07%	0.03%
TSN	C	0.17%	0.11%	0.11%
TTC	D	0.06%	0.04%	0.04%
UHS	D	0.06%	0.09%	0.06%
ULTA	C	0.04%	0.19%	0.04%
UNP	D	0.51%	0.66%	0.51%
UPS	D	0.25%	0.58%	0.25%
VFC	C	0.02%	0.04%	0.02%
VLO	D	0.16%	0.52%	0.16%
VRSN	C	0.04%	0.15%	0.04%
WEN	C	0.06%	0.05%	0.05%
WH	A	0.04%	0.04%	0.04%
WSM	F	0.19%	0.15%	0.15%
XOM	B	0.44%	1.01%	0.44%
YUM	B	0.14%	0.2%	0.14%

MFUS Overweight 646 Positions Relative to CCMG

Symbol	Grade	Weight
LLY	D	2.52%
META	B	2.36%
BRK.A	C	2.36%
NVDA	A	1.82%
WMT	A	1.72%
AMZN	B	1.64%
AVGO	B	1.63%
ORCL	A	1.42%
COST	B	1.33%
IBM	D	1.07%
VZ	D	1.03%
JPM	B	0.93%
WFC	B	0.87%
QCOM	F	0.8%
UNH	B	0.77%
CVS	F	0.66%
C	B	0.65%
PGR	B	0.57%
GE	C	0.56%
AMAT	F	0.55%
NFLX	A	0.48%
BAC	A	0.42%
TMUS	A	0.42%
REGN	F	0.4%
GM	B	0.37%
AIG	C	0.36%
TJX	B	0.36%
GS	B	0.36%
NOW	A	0.34%
MET	C	0.32%
CHTR	B	0.3%
TXN	B	0.3%
V	A	0.3%
TMO	F	0.3%
SPGI	D	0.29%
ICE	D	0.29%
WM	A	0.28%
ISRG	A	0.28%
MA	A	0.28%
THC	B	0.28%
COF	B	0.27%
SYF	B	0.27%
DHR	F	0.26%
AON	A	0.25%
ANF	D	0.25%
ALL	A	0.25%
GD	A	0.25%
NEE	D	0.24%
KLAC	F	0.24%
SFM	B	0.24%
ACN	C	0.24%
ADM	F	0.24%
VRTX	B	0.23%
PRU	B	0.23%
PANW	A	0.23%
FICO	A	0.22%
AXP	B	0.22%
SHW	B	0.22%
UBER	F	0.22%
RTX	C	0.22%
GLW	B	0.21%
GWW	B	0.21%
AFL	C	0.21%
LII	B	0.21%
TRV	B	0.2%
CMG	B	0.2%
BSX	A	0.2%
VST	B	0.2%
MS	A	0.2%
MMC	C	0.2%
INTC	C	0.19%
MSI	B	0.19%
CTAS	A	0.19%
UTHR	B	0.19%
BAH	C	0.18%
BK	B	0.18%
FI	A	0.18%
MU	C	0.17%
AMP	A	0.17%
COR	A	0.17%
RMD	B	0.17%
EA	A	0.17%
DECK	B	0.16%
CASY	A	0.16%
CB	D	0.16%
BR	A	0.16%
SPG	B	0.16%
PLTR	B	0.16%
WSO	A	0.16%
VRSK	A	0.16%
ANET	C	0.15%
AMT	F	0.15%
HWM	B	0.15%
F	C	0.15%
AJG	B	0.15%
TDG	B	0.15%
K	A	0.15%
PH	B	0.14%
DUK	D	0.14%
CME	B	0.14%
MCO	C	0.14%
KKR	B	0.14%
IT	A	0.14%
FAST	B	0.13%
RPM	B	0.13%
LDOS	A	0.13%
WBA	D	0.13%
IRM	C	0.13%
RSG	A	0.13%
SO	D	0.13%
VTRS	B	0.13%
EVR	B	0.12%
PYPL	B	0.12%
PWR	B	0.12%
BRO	A	0.12%
BX	B	0.12%
APH	B	0.12%
WELL	B	0.12%
BDX	D	0.12%
CW	B	0.11%
HPE	B	0.11%
CACI	B	0.11%
XYL	D	0.11%
BWXT	A	0.11%
WTW	A	0.11%
PNC	A	0.11%
CEG	D	0.11%
TSCO	D	0.11%
JKHY	C	0.11%
EXR	D	0.11%
EFX	D	0.11%
SBUX	B	0.1%
DG	F	0.1%
PSA	D	0.1%
TRGP	A	0.1%
WMB	A	0.1%
AVY	F	0.1%
CRS	B	0.1%
PKG	B	0.1%
JXN	B	0.1%
DASH	A	0.1%
DD	D	0.1%
USB	B	0.1%
ARES	B	0.09%
GPI	B	0.09%
IEX	B	0.09%
ADSK	B	0.09%
TROW	B	0.09%
OKE	A	0.09%
CALM	A	0.09%
URI	B	0.09%
DLR	B	0.09%
DFS	B	0.09%
EHC	B	0.09%
RCL	A	0.09%
HLT	A	0.09%
TMHC	C	0.09%
OTIS	D	0.08%
ABG	B	0.08%
HCC	C	0.08%
GEHC	D	0.08%
STE	F	0.08%
AIZ	A	0.08%
HLI	B	0.08%
TAP	B	0.08%
AEO	F	0.08%
TFC	A	0.08%
WCC	B	0.08%
MPWR	F	0.08%
ITT	A	0.08%
SMCI	F	0.08%
CPRT	B	0.08%
ATR	A	0.08%
SEIC	A	0.08%
EQH	B	0.08%
GPK	D	0.08%
ECL	D	0.08%
MLI	B	0.08%
TYL	B	0.08%
SLG	C	0.08%
WDC	D	0.08%
AEP	D	0.08%
IR	A	0.08%
CNX	B	0.07%
MSCI	B	0.07%
COIN	B	0.07%
R	B	0.07%
CHD	B	0.07%
DHI	D	0.07%
BCC	B	0.07%
COP	C	0.07%
EXC	D	0.07%
TTWO	A	0.07%
ALNY	D	0.07%
BIIB	F	0.07%
GLPI	D	0.07%
THO	B	0.07%
MLM	B	0.07%
NRG	B	0.07%
POOL	D	0.07%
BALL	D	0.07%
D	D	0.07%
MNST	B	0.07%
CCI	F	0.07%
KDP	D	0.07%
SRE	A	0.07%
VNO	C	0.07%
BTU	C	0.06%
ATGE	B	0.06%
CMC	B	0.06%
FCN	D	0.06%
KTB	B	0.06%
CHE	D	0.06%
GAP	C	0.06%
TPH	D	0.06%
TW	B	0.06%
HIG	C	0.06%
WAT	B	0.06%
CPT	C	0.06%
PEG	D	0.06%
L	B	0.06%
ED	D	0.06%
MKC	D	0.06%
MMS	C	0.06%
TXRH	B	0.06%
O	D	0.06%
JLL	C	0.06%
LPLA	A	0.06%
NKE	F	0.06%
RGA	A	0.06%
PK	B	0.06%
AMG	C	0.06%
FFIV	B	0.06%
MSM	B	0.06%
CCK	B	0.06%
FTNT	A	0.06%
MTH	D	0.06%
ROP	B	0.06%
BERY	C	0.06%
APP	A	0.06%
WU	F	0.06%
ROL	B	0.06%
UFPI	B	0.06%
SKYW	B	0.06%
CPB	F	0.05%
URBN	C	0.05%
ERIE	F	0.05%
PPG	F	0.05%
SCHW	A	0.05%
CRBG	C	0.05%
NFG	C	0.05%
WST	C	0.05%
OGN	F	0.05%
ETR	B	0.05%
MTN	D	0.05%
BAX	F	0.05%
USFD	A	0.05%
NDAQ	B	0.05%
CNC	F	0.05%
COOP	B	0.05%
GVA	B	0.05%
HBI	B	0.05%
CARR	D	0.05%
EXEL	B	0.05%
SLGN	A	0.05%
CBRE	B	0.05%
EIX	D	0.05%
TEX	C	0.05%
ANSS	B	0.05%
VIRT	B	0.05%
IDXX	D	0.05%
ALLY	C	0.05%
SUI	F	0.05%
ZTS	F	0.05%
BFH	B	0.05%
WAB	B	0.05%
CBT	B	0.05%
A	F	0.05%
IBKR	A	0.05%
LUMN	B	0.05%
LAMR	D	0.05%
NSIT	F	0.05%
SLM	B	0.05%
FCNCA	B	0.05%
SQ	A	0.05%
FIX	B	0.05%
GNRC	B	0.05%
MTB	B	0.04%
ESS	C	0.04%
AMH	D	0.04%
ADBE	C	0.04%
EQR	D	0.04%
CFG	B	0.04%
TRN	A	0.04%
BJ	B	0.04%
CDP	C	0.04%
PPL	A	0.04%
INVH	D	0.04%
ES	F	0.04%
SEM	B	0.04%
CLH	B	0.04%
AVT	C	0.04%
BDC	B	0.04%
LANC	B	0.04%
ELS	C	0.04%
AGNC	D	0.04%
PAYX	B	0.04%
CVLT	B	0.04%
JWN	B	0.04%
SANM	B	0.04%
RUSHA	B	0.04%
PSTG	D	0.04%
HUBG	B	0.04%
PRIM	B	0.04%
FDS	A	0.04%
WTM	A	0.04%
GBX	A	0.04%
SLVM	C	0.04%
HEI	C	0.04%
BHF	B	0.04%
NWSA	B	0.04%
AROC	B	0.04%
GEO	B	0.04%
UNM	A	0.04%
FL	D	0.04%
CMA	B	0.04%
ATI	D	0.04%
FITB	A	0.04%
FTI	B	0.04%
NBIX	C	0.04%
CPNG	C	0.04%
CTVA	C	0.04%
GATX	B	0.04%
TKR	F	0.04%
JHG	B	0.04%
SIG	B	0.04%
CRUS	F	0.04%
PTC	B	0.04%
VTR	C	0.04%
EME	B	0.04%
MAC	B	0.04%
CUBE	D	0.04%
AR	B	0.04%
MAR	A	0.04%
ZBRA	A	0.04%
KD	B	0.04%
TDS	B	0.04%
RGLD	C	0.04%
CNO	B	0.04%
THG	A	0.04%
VLTO	D	0.04%
SRCL	B	0.04%
TGNA	B	0.04%
MHO	D	0.04%
MOG.A	B	0.04%
NDSN	B	0.04%
ABM	B	0.04%
FLEX	B	0.04%
DCI	A	0.04%
UNF	B	0.03%
XRAY	F	0.03%
DRH	B	0.03%
HXL	D	0.03%
ORA	C	0.03%
BKE	A	0.03%
RYN	F	0.03%
APAM	B	0.03%
OI	D	0.03%
DLTR	F	0.03%
OMF	B	0.03%
SBAC	D	0.03%
BURL	C	0.03%
FNF	C	0.03%
TFX	F	0.03%
WPC	F	0.03%
WHR	B	0.03%
LNC	B	0.03%
VC	D	0.03%
FHI	A	0.03%
BKU	B	0.03%
NTRS	A	0.03%
AKAM	F	0.03%
UDR	D	0.03%
AMKR	F	0.03%
PRG	C	0.03%
CG	B	0.03%
PLXS	B	0.03%
DELL	C	0.03%
APLE	B	0.03%
COHR	B	0.03%
LBRDK	B	0.03%
MC	B	0.03%
BFAM	F	0.03%
RLI	A	0.03%
HBAN	A	0.03%
GMS	B	0.03%
GNW	A	0.03%
AVB	B	0.03%
LW	C	0.03%
GGG	B	0.03%
AVA	C	0.03%
X	B	0.03%
AVTR	F	0.03%
RPRX	F	0.03%
SM	C	0.03%
MASI	B	0.03%
DBRG	F	0.03%
SHOO	D	0.03%
CMS	D	0.03%
MATX	B	0.03%
XPO	B	0.03%
BLD	F	0.03%
HUBB	B	0.03%
FE	D	0.03%
ASO	F	0.03%
OSK	B	0.03%
IVZ	C	0.03%
HOOD	B	0.03%
NYT	C	0.03%
KBH	D	0.03%
MANH	C	0.03%
MORN	A	0.03%
IFF	F	0.03%
COLD	F	0.03%
AWI	A	0.03%
HSIC	F	0.03%
PHIN	B	0.02%
REZI	A	0.02%
HE	F	0.02%
TTMI	A	0.02%
DNOW	B	0.02%
ZION	B	0.02%
RF	A	0.02%
SSNC	C	0.02%
LAUR	B	0.02%
EVRG	A	0.02%
WAL	B	0.02%
LXP	D	0.02%
SNV	B	0.02%
BHE	B	0.02%
UHAL	C	0.02%
SATS	C	0.02%
BEN	C	0.02%
KIM	B	0.02%
ATO	A	0.02%
AA	C	0.02%
AXTA	B	0.02%
JBLU	D	0.02%
LEG	F	0.02%
TTEK	C	0.02%
ODFL	B	0.02%
OSIS	C	0.02%
VSH	F	0.02%
ANDE	D	0.02%
TDC	D	0.02%
LAD	B	0.02%
HNI	B	0.02%
APG	B	0.02%
HP	C	0.02%
BXP	D	0.02%
WKC	D	0.02%
SNDR	A	0.02%
NSP	F	0.02%
BRKR	F	0.02%
NAVI	C	0.02%
MDU	F	0.02%
HST	C	0.02%
PNR	B	0.02%
ODP	F	0.02%
DTE	D	0.02%
PMT	F	0.02%
MAA	C	0.02%
LNT	C	0.02%
VVV	B	0.02%
RLJ	C	0.02%
EPC	F	0.02%
LNW	C	0.02%
APOG	B	0.02%
DOV	A	0.02%
PFSI	D	0.02%
SAM	B	0.02%
YELP	C	0.02%
PBF	F	0.02%
AIR	C	0.02%
SXT	B	0.02%
NTCT	B	0.02%
VSCO	B	0.02%
GWRE	A	0.02%
CINF	A	0.02%
MCY	B	0.02%
XHR	B	0.02%
SKX	F	0.02%
EWBC	A	0.02%
OHI	B	0.02%
DORM	B	0.02%
NI	A	0.02%
CCL	A	0.02%
HAE	B	0.02%
CTLT	C	0.02%
SBH	C	0.02%
CC	D	0.02%
GHC	B	0.02%
FAF	D	0.02%
CXW	B	0.02%
KBR	B	0.02%
GEF	A	0.02%
WMS	F	0.02%
RRC	B	0.02%
HII	D	0.02%
KMPR	A	0.02%
DK	D	0.02%
THS	F	0.02%
MSA	D	0.02%
STC	C	0.02%
MTG	D	0.02%
VSTO	A	0.02%
GMED	B	0.02%
KEY	B	0.02%
COKE	D	0.02%
ADNT	F	0.02%
PDCO	D	0.02%
WRB	B	0.02%
LZB	C	0.02%
PSN	A	0.02%
PNM	B	0.02%
ACA	B	0.02%
JBHT	B	0.02%
MKTX	C	0.02%
WERN	B	0.02%
JEF	B	0.02%
AAP	D	0.01%
SVC	F	0.01%
NOV	D	0.01%
KNX	B	0.01%
CPRI	F	0.01%
DINO	D	0.01%
SCL	C	0.01%
UHAL	C	0.01%
RKT	D	0.01%
ELAN	D	0.01%
MLKN	D	0.01%
MKSI	D	0.01%
PARA	C	0.01%
CACC	F	0.01%
IMKTA	C	0.01%
CNXN	C	0.01%
WOR	D	0.01%
ECPG	B	0.01%
ARI	D	0.01%
IGT	D	0.01%
RDN	C	0.01%
HTH	B	0.01%
ACI	C	0.01%
GIII	C	0.01%
UVV	B	0.01%
SR	C	0.01%
WGO	B	0.01%
SSB	B	0.01%
ARCH	B	0.01%
CVI	F	0.01%
ALEX	B	0.01%
PNW	B	0.01%
UGI	D	0.01%
SEB	F	0.01%
OUT	C	0.01%
RVTY	C	0.01%
PB	A	0.01%
XRX	F	0.01%
SWX	B	0.01%
ARMK	C	0.01%
KALU	B	0.01%
CNS	B	0.01%
CENTA	C	0.01%
ESI	B	0.01%
SHO	B	0.01%
SPR	F	0.01%
WAFD	B	0.01%
JELD	F	0.01%
JBGS	F	0.01%
SIGI	B	0.01%
PECO	B	0.01%
PFG	C	0.01%
AMED	F	0.01%
WMK	B	0.01%
CFR	B	0.01%
OMI	F	0.01%
BRC	B	0.01%
DY	C	0.01%
FDP	B	0.01%
STRA	C	0.01%
DAN	F	0.01%
FELE	B	0.01%
LEA	F	0.01%
CNM	D	0.01%
MOS	D	0.01%
KN	B	0.01%
ONB	A	0.01%
PPC	B	0.01%
CBSH	A	0.01%
IDCC	A	0.01%
TNET	D	0.01%
FHN	B	0.01%
CSGS	B	0.01%
WTFC	A	0.01%
CADE	B	0.01%
NNN	F	0.01%
ESNT	D	0.01%
LADR	B	0.01%
INCY	B	0.01%
CR	B	0.01%
FLR	C	0.01%
AES	F	0.01%
WWD	B	0.01%
H	C	0.01%
ESAB	B	0.01%
MUR	F	0.01%
RBC	B	0.01%
DTM	A	0.01%
GOLF	B	0.01%
GES	F	0.01%
SLB	D	0.01%
ALGN	D	0.01%
IOSP	B	0.01%
GME	C	0.01%
PTEN	D	0.01%
UAL	A	0.01%
SCS	C	0.01%
NNI	C	0.01%
SAH	B	0.01%
PSMT	D	0.01%
KEX	A	0.01%
AMWD	B	0.01%
ICUI	C	0.01%
ADC	B	0.01%
CWEN	D	0.01%
BWA	B	0.01%
BMRN	F	0.01%
VNT	B	0.01%
WBS	B	0.01%
FYBR	D	0.01%
DEI	C	0.01%
SF	A	0.01%
GT	C	0.01%
FR	D	0.01%
NOMD	F	0.0%
WOLF	F	0.0%

MFUS Underweight 33 Positions Relative to CCMG

Symbol	Grade	Weight
AVUV	B	-10.72%
IDEV	D	-9.73%
AVDV	D	-4.88%
AVRE	D	-4.82%
AVES	D	-3.91%
HON	B	-0.63%
MDT	D	-0.59%
EOG	B	-0.58%
ADI	D	-0.39%
CTSH	A	-0.35%
GPN	B	-0.23%
ROST	F	-0.2%
TXT	D	-0.16%
SWKS	F	-0.16%
AMCR	D	-0.15%
LH	B	-0.14%
GPC	D	-0.14%
CF	B	-0.14%
SNA	A	-0.11%
MGM	F	-0.08%
FOX	A	-0.08%
FBIN	F	-0.07%
EEFT	C	-0.07%
COLM	B	-0.07%
DBX	B	-0.06%
TNL	A	-0.06%
AM	B	-0.06%
FMC	F	-0.05%
ALLE	D	-0.05%
RH	B	-0.04%
BYD	A	-0.04%
ASH	F	-0.03%
CHH	B	-0.03%