MFUS vs. ESGU ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to iShares MSCI USA ESG Optimized ETF (ESGU)

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

$51.22

Average Daily Volume

5,789

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

ESGU

iShares MSCI USA ESG Optimized ETF

ESGU Description

The iShares MSCI USA ESG Optimized ETF seeks to track the investment results of an index composed of U.S. companies that have positive environmental, social and governance characteristics as identified by the index provider while exhibiting risk and return characteristics similar to those of the parent index.

Grade (RS Rating)

Last Trade

$130.71

Average Daily Volume

443,769

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	ESGU
30 Days	0.35%	2.55%
60 Days	4.44%	6.15%
90 Days	6.01%	7.83%
12 Months	31.84%	34.12%

220 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in ESGU	Overlap
A	F	0.05%	0.12%	0.05%
AAPL	C	0.96%	6.15%	0.96%
ABBV	F	1.65%	0.49%	0.49%
ACN	B	0.24%	0.43%	0.24%
ADBE	C	0.04%	0.54%	0.04%
ADM	F	0.24%	0.08%	0.08%
ADP	A	0.11%	0.69%	0.11%
ADSK	B	0.09%	0.37%	0.09%
AFL	C	0.21%	0.11%	0.11%
AIZ	A	0.08%	0.11%	0.08%
AJG	A	0.15%	0.11%	0.11%
AKAM	F	0.03%	0.09%	0.03%
ALNY	D	0.07%	0.09%	0.07%
AMAT	F	0.55%	0.51%	0.51%
AMGN	F	1.03%	0.41%	0.41%
AMT	F	0.15%	0.31%	0.15%
AMZN	A	1.64%	3.63%	1.64%
ANET	C	0.15%	0.21%	0.15%
ANSS	B	0.05%	0.22%	0.05%
AVGO	C	1.63%	1.49%	1.49%
AVTR	F	0.03%	0.08%	0.03%
AXP	B	0.22%	0.43%	0.22%
BAC	A	0.42%	0.61%	0.42%
BALL	D	0.07%	0.09%	0.07%
BBY	C	0.22%	0.15%	0.15%
BIIB	F	0.07%	0.08%	0.07%
BK	B	0.18%	0.4%	0.18%
BKNG	A	0.41%	0.33%	0.33%
BKR	B	0.07%	0.14%	0.07%
BMY	B	0.4%	0.16%	0.16%
BR	A	0.16%	0.44%	0.16%
BRK.A	B	2.36%	0.39%	0.39%
C	B	0.65%	0.33%	0.33%
CAH	B	0.25%	0.15%	0.15%
CARR	C	0.05%	0.17%	0.05%
CAT	B	0.2%	0.32%	0.2%
CBRE	B	0.05%	0.18%	0.05%
CCI	F	0.07%	0.31%	0.07%
CEG	D	0.11%	0.12%	0.11%
CHD	A	0.07%	0.2%	0.07%
CHRW	A	0.13%	0.2%	0.13%
CI	D	0.13%	0.27%	0.13%
CL	F	0.37%	0.08%	0.08%
CLX	A	0.13%	0.25%	0.13%
CMCSA	B	0.16%	0.2%	0.16%
CMG	B	0.2%	0.12%	0.12%
CMI	A	0.13%	0.45%	0.13%
CMS	D	0.03%	0.18%	0.03%
CNC	F	0.05%	0.07%	0.05%
COF	B	0.27%	0.12%	0.12%
COP	C	0.07%	0.35%	0.07%
COR	B	0.17%	0.23%	0.17%
COST	B	1.33%	0.8%	0.8%
CPB	F	0.05%	0.09%	0.05%
CSCO	A	0.65%	0.47%	0.47%
CVX	A	0.39%	0.58%	0.39%
D	D	0.07%	0.15%	0.07%
DECK	B	0.16%	0.2%	0.16%
DELL	C	0.03%	0.11%	0.03%
DFS	B	0.09%	0.23%	0.09%
DGX	B	0.09%	0.14%	0.09%
DHI	D	0.07%	0.09%	0.07%
DHR	F	0.26%	0.33%	0.26%
DLR	C	0.09%	0.23%	0.09%
DLTR	F	0.03%	0.06%	0.03%
DVA	C	0.15%	0.1%	0.1%
EA	A	0.17%	0.16%	0.16%
ECL	C	0.08%	0.4%	0.08%
ED	D	0.06%	0.09%	0.06%
EIX	C	0.05%	0.11%	0.05%
ELV	F	0.16%	0.35%	0.16%
EME	B	0.04%	0.13%	0.04%
ES	D	0.04%	0.1%	0.04%
EXC	C	0.07%	0.16%	0.07%
EXPD	C	0.11%	0.25%	0.11%
FANG	C	0.05%	0.09%	0.05%
FDS	A	0.04%	0.15%	0.04%
FI	A	0.18%	0.12%	0.12%
FICO	B	0.22%	0.12%	0.12%
FIS	B	0.08%	0.12%	0.08%
GDDY	B	0.11%	0.1%	0.1%
GE	D	0.56%	0.46%	0.46%
GILD	B	0.87%	0.52%	0.52%
GIS	F	0.19%	0.36%	0.19%
GS	B	0.36%	0.39%	0.36%
GWW	B	0.21%	0.37%	0.21%
HBAN	A	0.03%	0.16%	0.03%
HCA	D	0.27%	0.13%	0.13%
HD	B	0.62%	0.99%	0.62%
HIG	C	0.06%	0.25%	0.06%
HII	F	0.02%	0.07%	0.02%
HLT	A	0.09%	0.11%	0.09%
HOLX	D	0.04%	0.09%	0.04%
HPE	B	0.11%	0.17%	0.11%
HPQ	B	0.29%	0.1%	0.1%
HRL	F	0.02%	0.09%	0.02%
HUBB	C	0.03%	0.12%	0.03%
HWM	B	0.15%	0.11%	0.11%
IBM	D	1.07%	0.53%	0.53%
IDXX	F	0.05%	0.23%	0.05%
IEX	B	0.09%	0.11%	0.09%
IFF	F	0.03%	0.09%	0.03%
INTC	C	0.19%	0.31%	0.19%
IP	B	0.09%	0.11%	0.09%
IPG	F	0.04%	0.09%	0.04%
IR	A	0.08%	0.11%	0.08%
IRM	D	0.13%	0.15%	0.13%
ISRG	A	0.28%	0.32%	0.28%
IT	B	0.14%	0.17%	0.14%
JBHT	C	0.02%	0.11%	0.02%
JCI	A	0.06%	0.17%	0.06%
JNJ	D	1.27%	0.62%	0.62%
JNPR	D	0.14%	0.1%	0.1%
JPM	A	0.93%	1.27%	0.93%
K	A	0.15%	0.48%	0.15%
KDP	C	0.07%	0.09%	0.07%
KHC	F	0.16%	0.17%	0.16%
KKR	B	0.14%	0.12%	0.12%
KMB	D	0.17%	0.15%	0.15%
KMI	B	0.1%	0.31%	0.1%
KO	F	1.07%	0.87%	0.87%
KR	A	0.37%	0.23%	0.23%
LDOS	C	0.13%	0.12%	0.12%
LII	B	0.21%	0.13%	0.13%
LLY	F	2.52%	1.32%	1.32%
LOW	B	0.36%	0.38%	0.36%
LRCX	F	0.18%	0.32%	0.18%
MA	B	0.28%	0.93%	0.28%
MCD	C	0.54%	0.31%	0.31%
MCK	B	0.56%	0.31%	0.31%
MCO	C	0.14%	0.29%	0.14%
MET	C	0.32%	0.3%	0.3%
META	B	2.36%	2.28%	2.28%
MKC	D	0.06%	0.1%	0.06%
MMC	D	0.2%	0.17%	0.17%
MMM	C	0.58%	0.33%	0.33%
MRK	F	0.89%	0.49%	0.49%
MRO	B	0.03%	0.1%	0.03%
MS	A	0.2%	0.51%	0.2%
MTD	F	0.09%	0.08%	0.08%
MU	D	0.17%	0.21%	0.17%
NDAQ	B	0.05%	0.2%	0.05%
NEE	D	0.24%	0.41%	0.24%
NEM	F	0.18%	0.16%	0.16%
NFLX	A	0.48%	0.57%	0.48%
NI	A	0.02%	0.36%	0.02%
NOC	D	0.37%	0.2%	0.2%
NOW	A	0.34%	0.64%	0.34%
NTAP	D	0.1%	0.09%	0.09%
NTRS	A	0.03%	0.11%	0.03%
NUE	D	0.08%	0.12%	0.08%
NVDA	A	1.82%	7.04%	1.82%
OC	A	0.02%	0.11%	0.02%
ODFL	B	0.02%	0.11%	0.02%
OKE	A	0.09%	0.37%	0.09%
ORCL	A	1.42%	0.6%	0.6%
PANW	B	0.23%	0.27%	0.23%
PARA	B	0.01%	0.09%	0.01%
PAYX	B	0.04%	0.11%	0.04%
PEG	C	0.06%	0.45%	0.06%
PEP	D	0.76%	0.39%	0.39%
PFE	F	0.62%	0.26%	0.26%
PFG	C	0.01%	0.1%	0.01%
PG	C	1.03%	0.67%	0.67%
PGR	A	0.57%	0.42%	0.42%
PHM	D	0.1%	0.1%	0.1%
PNC	B	0.11%	0.35%	0.11%
PNR	A	0.02%	0.31%	0.02%
POOL	D	0.07%	0.1%	0.07%
PPG	F	0.05%	0.21%	0.05%
PRU	B	0.23%	0.51%	0.23%
PSX	C	0.22%	0.13%	0.13%
PTC	B	0.04%	0.15%	0.04%
PWR	B	0.12%	0.12%	0.12%
PYPL	A	0.12%	0.13%	0.12%
QCOM	F	0.8%	0.29%	0.29%
RCL	A	0.09%	0.13%	0.09%
REGN	F	0.4%	0.16%	0.16%
RTX	D	0.22%	0.43%	0.22%
SBAC	D	0.03%	0.13%	0.03%
SBUX	B	0.1%	0.23%	0.1%
SCHW	B	0.05%	0.18%	0.05%
SLB	C	0.01%	0.1%	0.01%
SPGI	C	0.29%	0.46%	0.29%
STE	D	0.08%	0.15%	0.08%
STLD	C	0.04%	0.12%	0.04%
SYF	B	0.27%	0.22%	0.22%
SYY	D	0.13%	0.09%	0.09%
T	A	0.74%	0.16%	0.16%
TAP	B	0.08%	0.18%	0.08%
TFC	B	0.08%	0.12%	0.08%
TFX	F	0.03%	0.08%	0.03%
TGT	C	0.75%	0.22%	0.22%
TMO	F	0.3%	0.21%	0.21%
TRGP	B	0.1%	0.27%	0.1%
TRV	B	0.2%	0.2%	0.2%
TSCO	D	0.11%	0.15%	0.11%
TXN	B	0.3%	0.75%	0.3%
UBER	F	0.22%	0.23%	0.22%
ULTA	C	0.04%	0.1%	0.04%
UNH	B	0.77%	0.97%	0.77%
UNP	D	0.51%	0.3%	0.3%
UPS	C	0.25%	0.15%	0.15%
URI	B	0.09%	0.14%	0.09%
USB	B	0.1%	0.17%	0.1%
V	A	0.3%	1.02%	0.3%
VLO	C	0.16%	0.09%	0.09%
VLTO	D	0.04%	0.19%	0.04%
VRTX	B	0.23%	0.35%	0.23%
VZ	D	1.03%	0.36%	0.36%
WAT	B	0.06%	0.18%	0.06%
WDC	D	0.08%	0.1%	0.08%
WELL	B	0.12%	0.24%	0.12%
WFC	A	0.87%	0.12%	0.12%
WSM	F	0.19%	0.12%	0.12%
WST	B	0.05%	0.1%	0.05%
WTW	A	0.11%	0.1%	0.1%
XOM	B	0.44%	0.57%	0.44%
XYL	F	0.11%	0.22%	0.11%
ZTS	D	0.05%	0.33%	0.05%

MFUS Overweight 595 Positions Relative to ESGU

Symbol	Grade	Weight
WMT	A	1.72%
PM	B	0.92%
LMT	D	0.78%
MO	A	0.73%
CVS	F	0.66%
TMUS	A	0.42%
GM	B	0.37%
AIG	B	0.36%
EBAY	C	0.36%
TJX	A	0.36%
MPC	D	0.32%
CHTR	B	0.3%
ICE	C	0.29%
WM	A	0.28%
AZO	B	0.28%
THC	B	0.28%
LHX	B	0.27%
AON	B	0.25%
ANF	C	0.25%
ALL	B	0.25%
GD	C	0.25%
KLAC	F	0.24%
SFM	B	0.24%
MDLZ	F	0.24%
SHW	A	0.22%
GLW	B	0.21%
ORLY	A	0.2%
BSX	A	0.2%
VST	B	0.2%
MSI	B	0.19%
CTAS	B	0.19%
UTHR	B	0.19%
BAH	C	0.18%
AMP	A	0.17%
TSN	B	0.17%
RMD	C	0.17%
CASY	B	0.16%
CB	C	0.16%
LYB	F	0.16%
SPG	A	0.16%
PLTR	B	0.16%
WSO	B	0.16%
VRSK	A	0.16%
MUSA	B	0.15%
F	C	0.15%
TDG	D	0.15%
YUM	B	0.14%
PH	A	0.14%
DUK	D	0.14%
CME	B	0.14%
FAST	B	0.13%
RPM	A	0.13%
WBA	D	0.13%
DPZ	C	0.13%
RSG	B	0.13%
SO	D	0.13%
VTRS	B	0.13%
EVR	B	0.12%
BRO	B	0.12%
BX	A	0.12%
APH	B	0.12%
BDX	F	0.12%
CW	C	0.11%
CACI	C	0.11%
FOXA	A	0.11%
BWXT	B	0.11%
CSX	B	0.11%
JKHY	C	0.11%
EXR	D	0.11%
EFX	F	0.11%
NVR	D	0.1%
AYI	A	0.1%
DG	F	0.1%
PSA	D	0.1%
WMB	B	0.1%
AVY	F	0.1%
CRS	B	0.1%
PKG	B	0.1%
JXN	C	0.1%
DASH	A	0.1%
GEN	B	0.1%
DD	D	0.1%
ITW	B	0.1%
ALSN	B	0.1%
AOS	F	0.09%
ARES	B	0.09%
GPI	B	0.09%
LSTR	B	0.09%
TROW	A	0.09%
CALM	B	0.09%
EHC	B	0.09%
TMHC	B	0.09%
OTIS	D	0.08%
ABG	B	0.08%
HCC	C	0.08%
GEHC	D	0.08%
EMR	A	0.08%
HRB	D	0.08%
HLI	B	0.08%
AEO	F	0.08%
WCC	B	0.08%
MPWR	F	0.08%
ITT	A	0.08%
SMCI	F	0.08%
CPRT	A	0.08%
ATR	A	0.08%
SEIC	A	0.08%
DKS	D	0.08%
EQH	B	0.08%
GPK	D	0.08%
MLI	B	0.08%
TYL	B	0.08%
SLG	C	0.08%
AEP	D	0.08%
CNX	B	0.07%
EXP	B	0.07%
MSCI	B	0.07%
COIN	B	0.07%
R	B	0.07%
NSC	B	0.07%
SCI	B	0.07%
BCC	B	0.07%
LEN	D	0.07%
TTWO	A	0.07%
GLPI	D	0.07%
THO	B	0.07%
MLM	B	0.07%
NRG	C	0.07%
LPX	A	0.07%
MNST	B	0.07%
SRE	B	0.07%
VNO	C	0.07%
BTU	C	0.06%
HSY	F	0.06%
ATGE	C	0.06%
CMC	B	0.06%
NXST	C	0.06%
FCN	F	0.06%
KTB	A	0.06%
STZ	D	0.06%
LECO	C	0.06%
CHE	D	0.06%
GAP	B	0.06%
TPH	C	0.06%
TW	B	0.06%
BC	D	0.06%
CPT	C	0.06%
L	A	0.06%
WEN	C	0.06%
SEE	C	0.06%
MMS	F	0.06%
TXRH	A	0.06%
O	D	0.06%
JLL	C	0.06%
LPLA	A	0.06%
NKE	F	0.06%
RGA	A	0.06%
PK	C	0.06%
AMG	B	0.06%
AN	C	0.06%
FFIV	B	0.06%
MSM	C	0.06%
CCK	D	0.06%
FTNT	B	0.06%
MTH	D	0.06%
TTC	F	0.06%
ROP	A	0.06%
MAS	D	0.06%
UHS	D	0.06%
OMC	A	0.06%
TOL	B	0.06%
INGR	B	0.06%
BERY	D	0.06%
APP	B	0.06%
WU	F	0.06%
ROL	C	0.06%
UFPI	B	0.06%
SKYW	B	0.06%
URBN	C	0.05%
ERIE	F	0.05%
CRBG	C	0.05%
NFG	D	0.05%
OGN	F	0.05%
ETR	B	0.05%
MTN	C	0.05%
SMG	D	0.05%
BAX	F	0.05%
USFD	B	0.05%
COOP	B	0.05%
GVA	B	0.05%
HBI	B	0.05%
G	B	0.05%
EXEL	B	0.05%
GNTX	C	0.05%
SLGN	B	0.05%
TEX	D	0.05%
VIRT	B	0.05%
CRI	D	0.05%
ALLY	C	0.05%
POST	D	0.05%
SUI	F	0.05%
BFH	B	0.05%
WAB	B	0.05%
CBT	C	0.05%
IBKR	A	0.05%
LUMN	C	0.05%
LAMR	D	0.05%
NSIT	F	0.05%
SLM	A	0.05%
FCNCA	B	0.05%
SQ	B	0.05%
FIX	B	0.05%
GNRC	B	0.05%
MTB	A	0.04%
ESS	C	0.04%
DOX	C	0.04%
AMH	C	0.04%
EQR	C	0.04%
CFG	B	0.04%
TRN	B	0.04%
BJ	B	0.04%
CDP	C	0.04%
PPL	A	0.04%
WH	A	0.04%
INVH	D	0.04%
ACM	B	0.04%
SEM	C	0.04%
SON	F	0.04%
CLH	B	0.04%
AVT	C	0.04%
BDC	C	0.04%
LANC	C	0.04%
ELS	B	0.04%
AGNC	C	0.04%
CVLT	B	0.04%
JWN	B	0.04%
SANM	C	0.04%
RUSHA	B	0.04%
PSTG	D	0.04%
HUBG	A	0.04%
PRIM	B	0.04%
WTM	A	0.04%
GBX	A	0.04%
BLDR	C	0.04%
SLVM	C	0.04%
HEI	A	0.04%
EMN	D	0.04%
BHF	B	0.04%
NWSA	B	0.04%
AROC	B	0.04%
FLO	F	0.04%
GEO	B	0.04%
OLN	F	0.04%
CE	F	0.04%
VRSN	C	0.04%
UNM	A	0.04%
FL	F	0.04%
CMA	A	0.04%
ATI	F	0.04%
FITB	A	0.04%
LOPE	B	0.04%
FTI	B	0.04%
NBIX	C	0.04%
CPNG	B	0.04%
CTVA	C	0.04%
GATX	B	0.04%
TKR	F	0.04%
JHG	A	0.04%
SIG	B	0.04%
CRUS	F	0.04%
VTR	C	0.04%
ARW	F	0.04%
MAC	B	0.04%
CUBE	D	0.04%
AR	B	0.04%
CAG	F	0.04%
MAR	A	0.04%
RS	C	0.04%
ZBRA	B	0.04%
KD	A	0.04%
TDS	C	0.04%
RGLD	C	0.04%
SJM	F	0.04%
CNO	B	0.04%
THG	A	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	C	0.03%
HXL	F	0.03%
ORA	B	0.03%
BKE	A	0.03%
RYN	F	0.03%
APAM	B	0.03%
OI	C	0.03%
OMF	A	0.03%
BURL	C	0.03%
FNF	C	0.03%
DRI	B	0.03%
WPC	F	0.03%
WHR	B	0.03%
LNC	B	0.03%
VC	F	0.03%
FHI	A	0.03%
BKU	A	0.03%
UDR	C	0.03%
MAN	F	0.03%
AMKR	F	0.03%
PRG	B	0.03%
CG	B	0.03%
PLXS	C	0.03%
TER	F	0.03%
DDS	B	0.03%
APLE	B	0.03%
COHR	C	0.03%
LBRDK	C	0.03%
MC	B	0.03%
BFAM	F	0.03%
RLI	A	0.03%
GMS	B	0.03%
GNW	B	0.03%
AVB	B	0.03%
CPAY	A	0.03%
RL	B	0.03%
TPX	B	0.03%
LW	B	0.03%
GGG	B	0.03%
AVA	C	0.03%
JBL	C	0.03%
X	D	0.03%
RPRX	F	0.03%
SM	C	0.03%
CDW	F	0.03%
MASI	B	0.03%
DBRG	F	0.03%
SHOO	D	0.03%
MATX	B	0.03%
XPO	B	0.03%
BLD	F	0.03%
FE	D	0.03%
ASO	F	0.03%
OSK	B	0.03%
IVZ	B	0.03%
HOOD	B	0.03%
NYT	C	0.03%
KBH	D	0.03%
MANH	C	0.03%
MORN	B	0.03%
COLD	F	0.03%
AWI	B	0.03%
HSIC	F	0.03%
PHIN	B	0.02%
REZI	A	0.02%
HE	F	0.02%
TTMI	B	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	C	0.02%
UHAL	D	0.02%
SATS	D	0.02%
BEN	C	0.02%
KIM	A	0.02%
ATO	B	0.02%
AA	C	0.02%
AXTA	A	0.02%
JBLU	C	0.02%
CSL	B	0.02%
LEG	F	0.02%
TTEK	F	0.02%
OSIS	B	0.02%
VSH	F	0.02%
ANDE	D	0.02%
TDC	F	0.02%
LAD	B	0.02%
HNI	B	0.02%
APG	C	0.02%
HP	C	0.02%
BXP	D	0.02%
WKC	C	0.02%
SNDR	B	0.02%
NSP	F	0.02%
BRKR	F	0.02%
NAVI	D	0.02%
MDU	D	0.02%
HST	D	0.02%
ODP	F	0.02%
DTE	D	0.02%
RHI	B	0.02%
DOW	F	0.02%
PMT	D	0.02%
MAA	C	0.02%
VFC	C	0.02%
LNT	C	0.02%
VVV	B	0.02%
M	C	0.02%
RLJ	C	0.02%
EPC	F	0.02%
LNW	F	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%
NWL	B	0.02%
AIR	B	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%
DLB	D	0.02%
SKX	F	0.02%
EWBC	B	0.02%
OHI	C	0.02%
DORM	B	0.02%
AGCO	F	0.02%
CCL	B	0.02%
HAE	B	0.02%
CTLT	D	0.02%
PAG	B	0.02%
SBH	A	0.02%
CC	C	0.02%
GHC	B	0.02%
FAF	C	0.02%
HOG	D	0.02%
CXW	B	0.02%
KBR	D	0.02%
GEF	B	0.02%
WMS	F	0.02%
RRC	B	0.02%
KSS	D	0.02%
KMPR	A	0.02%
DK	D	0.02%
PVH	C	0.02%
THS	F	0.02%
MSA	D	0.02%
STC	C	0.02%
MTG	C	0.02%
VSTO	A	0.02%
GMED	B	0.02%
KEY	B	0.02%
COKE	C	0.02%
ADNT	D	0.02%
PDCO	F	0.02%
WRB	B	0.02%
LZB	B	0.02%
PINC	B	0.02%
NEU	C	0.02%
PSN	C	0.02%
PNM	B	0.02%
ACA	B	0.02%
MKTX	C	0.02%
WERN	B	0.02%
JEF	B	0.02%
AAP	C	0.01%
SVC	F	0.01%
QRVO	F	0.01%
NOV	C	0.01%
KNX	C	0.01%
CPRI	F	0.01%
DINO	D	0.01%
SCL	C	0.01%
UHAL	D	0.01%
RKT	F	0.01%
ELAN	C	0.01%
MLKN	D	0.01%
MKSI	C	0.01%
CACC	D	0.01%
IMKTA	B	0.01%
CNXN	C	0.01%
WOR	F	0.01%
ECPG	C	0.01%
ARI	C	0.01%
IGT	F	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	A	0.01%
UGI	D	0.01%
SEB	F	0.01%
OUT	B	0.01%
RVTY	C	0.01%
PB	B	0.01%
XRX	F	0.01%
SWX	B	0.01%
ARMK	B	0.01%
KALU	C	0.01%
CNS	C	0.01%
CENTA	C	0.01%
ESI	B	0.01%
SHO	D	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%
AMED	F	0.01%
WMK	B	0.01%
CLF	F	0.01%
TPR	A	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	D	0.01%
FELE	B	0.01%
SPB	A	0.01%
LEA	F	0.01%
CNM	D	0.01%
MOS	D	0.01%
KN	B	0.01%
ONB	B	0.01%
PPC	C	0.01%
CBSH	A	0.01%
IDCC	B	0.01%
TNET	C	0.01%
FHN	A	0.01%
MHK	D	0.01%
DXC	B	0.01%
CROX	F	0.01%
CSGS	B	0.01%
WTFC	B	0.01%
CADE	B	0.01%
NNN	F	0.01%
ESNT	D	0.01%
BBWI	C	0.01%
LADR	B	0.01%
INCY	B	0.01%
CR	B	0.01%
SAIC	D	0.01%
FLR	C	0.01%
AES	F	0.01%
WWD	B	0.01%
H	B	0.01%
ESAB	B	0.01%
MUR	D	0.01%
RBC	B	0.01%
DTM	A	0.01%
GOLF	B	0.01%
GES	F	0.01%
ALGN	D	0.01%
IOSP	B	0.01%
GME	C	0.01%
PTEN	C	0.01%
UAL	A	0.01%
SCS	B	0.01%
NNI	C	0.01%
SAH	B	0.01%
PSMT	D	0.01%
KEX	A	0.01%
AMWD	B	0.01%
ICUI	D	0.01%
ADC	A	0.01%
CWEN	D	0.01%
BWA	B	0.01%
BMRN	F	0.01%
VNT	C	0.01%
WBS	A	0.01%
FYBR	D	0.01%
DEI	B	0.01%
SF	A	0.01%
GT	C	0.01%
FR	D	0.01%
SCCO	F	0.0%
NOMD	F	0.0%
WOLF	F	0.0%
HUN	F	0.0%

MFUS Underweight 64 Positions Relative to ESGU

Symbol	Grade	Weight
MSFT	C	-5.76%
GOOG	C	-2.37%
TSLA	B	-1.75%
GOOGL	C	-1.21%
CRM	B	-0.7%
INTU	A	-0.59%
AMD	F	-0.47%
TT	B	-0.46%
DIS	B	-0.4%
CRH	B	-0.39%
HON	B	-0.37%
LIN	D	-0.35%
EQIX	B	-0.33%
HES	B	-0.3%
NXPI	F	-0.28%
SNPS	C	-0.23%
LKQ	C	-0.23%
FLUT	A	-0.23%
EW	F	-0.23%
KEYS	C	-0.22%
CDNS	B	-0.22%
DE	D	-0.21%
AXON	B	-0.21%
DAL	A	-0.21%
FERG	B	-0.2%
LNG	B	-0.19%
ETN	B	-0.19%
MELI	D	-0.17%
WDAY	B	-0.17%
BG	D	-0.17%
MRVL	B	-0.17%
GEV	B	-0.17%
COO	D	-0.17%
J	D	-0.14%
FTV	C	-0.14%
IQV	F	-0.14%
TEAM	B	-0.14%
TWLO	B	-0.14%
HUBS	B	-0.13%
ADI	D	-0.13%
PLD	D	-0.13%
OVV	C	-0.13%
EQT	B	-0.12%
CNH	D	-0.12%
VEEV	B	-0.12%
ACGL	C	-0.12%
TRMB	B	-0.12%
MDB	C	-0.11%
FOX	A	-0.11%
LULU	B	-0.11%
BLK	A	-0.11%
LH	B	-0.1%
FDX	B	-0.1%
SYK	A	-0.1%
WY	F	-0.1%
FBIN	F	-0.1%
SNOW	C	-0.09%
MOH	F	-0.09%
DXCM	C	-0.09%
ZBH	C	-0.09%
WTRG	C	-0.09%
STX	D	-0.09%
FSLR	F	-0.08%
MRNA	F	-0.05%