MFUS vs. GLOF ETF Comparison

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

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

GLOF

iShares Global Equity Factor ETF

GLOF Description

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index is designed to contain equity securities from the MSCI ACWI Index (the parent index) that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the parent index.

Grade (RS Rating)

Last Trade

$44.51

Average Daily Volume

4,438

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	GLOF
30 Days	0.35%	-0.09%
60 Days	4.44%	2.48%
90 Days	6.01%	3.42%
12 Months	31.84%	26.80%

139 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in GLOF	Overlap
A	F	0.05%	0.09%	0.05%
AAPL	C	0.96%	4.18%	0.96%
ABBV	F	1.65%	0.73%	0.73%
ACN	B	0.24%	0.29%	0.24%
ADBE	C	0.04%	0.18%	0.04%
AFL	C	0.21%	0.17%	0.17%
ALLY	C	0.05%	0.25%	0.05%
AMAT	F	0.55%	0.36%	0.36%
AMGN	F	1.03%	0.23%	0.23%
AMP	A	0.17%	0.49%	0.17%
AMZN	A	1.64%	2.18%	1.64%
ANET	C	0.15%	0.24%	0.15%
AVGO	C	1.63%	1.3%	1.3%
AXP	B	0.22%	0.21%	0.21%
AZO	B	0.28%	0.41%	0.28%
BAC	A	0.42%	0.21%	0.21%
BBY	C	0.22%	0.4%	0.22%
BIIB	F	0.07%	0.02%	0.02%
BK	B	0.18%	0.1%	0.1%
BKNG	A	0.41%	0.75%	0.41%
BLDR	C	0.04%	0.47%	0.04%
BMY	B	0.4%	0.33%	0.33%
BRK.A	B	2.36%	0.18%	0.18%
CAT	B	0.2%	0.05%	0.05%
CDW	F	0.03%	0.11%	0.03%
CEG	D	0.11%	0.01%	0.01%
CHTR	B	0.3%	0.05%	0.05%
COF	B	0.27%	0.35%	0.27%
COP	C	0.07%	0.13%	0.07%
COST	B	1.33%	0.51%	0.51%
CPNG	B	0.04%	0.05%	0.04%
CSCO	A	0.65%	0.24%	0.24%
CSX	B	0.11%	0.02%	0.02%
CTAS	B	0.19%	0.49%	0.19%
CVS	F	0.66%	0.1%	0.1%
CVX	A	0.39%	0.06%	0.06%
DELL	C	0.03%	0.33%	0.03%
DFS	B	0.09%	0.18%	0.09%
DHR	F	0.26%	0.01%	0.01%
DOW	F	0.02%	0.09%	0.02%
DOX	C	0.04%	0.04%	0.04%
DTE	D	0.02%	0.08%	0.02%
DVA	C	0.15%	0.19%	0.15%
EA	A	0.17%	0.04%	0.04%
EBAY	C	0.36%	0.31%	0.31%
ELV	F	0.16%	0.32%	0.16%
EMR	A	0.08%	0.17%	0.08%
FICO	B	0.22%	0.62%	0.22%
FNF	C	0.03%	0.19%	0.03%
FOXA	A	0.11%	0.09%	0.09%
FTNT	B	0.06%	0.64%	0.06%
GEHC	D	0.08%	0.14%	0.08%
GILD	B	0.87%	0.3%	0.3%
GM	B	0.37%	0.08%	0.08%
GS	B	0.36%	0.13%	0.13%
GWW	B	0.21%	0.25%	0.21%
HD	B	0.62%	0.68%	0.62%
HOLX	D	0.04%	0.24%	0.04%
HPE	B	0.11%	0.32%	0.11%
HPQ	B	0.29%	0.27%	0.27%
HSY	F	0.06%	0.13%	0.06%
IBM	D	1.07%	0.08%	0.08%
IDXX	F	0.05%	0.07%	0.05%
IT	B	0.14%	0.35%	0.14%
JNJ	D	1.27%	0.6%	0.6%
JPM	A	0.93%	0.9%	0.9%
KLAC	F	0.24%	0.32%	0.24%
KO	F	1.07%	0.2%	0.2%
KR	A	0.37%	0.42%	0.37%
LII	B	0.21%	0.42%	0.21%
LLY	F	2.52%	0.81%	0.81%
LOW	B	0.36%	0.67%	0.36%
LRCX	F	0.18%	0.22%	0.18%
LYB	F	0.16%	0.18%	0.16%
MA	B	0.28%	0.52%	0.28%
MAS	D	0.06%	0.18%	0.06%
MCD	C	0.54%	0.54%	0.54%
MCK	B	0.56%	0.6%	0.56%
MCO	C	0.14%	0.03%	0.03%
MDLZ	F	0.24%	0.05%	0.05%
META	B	2.36%	1.39%	1.39%
MOS	D	0.01%	0.03%	0.01%
MPC	D	0.32%	0.2%	0.2%
MRK	F	0.89%	0.44%	0.44%
MRO	B	0.03%	0.14%	0.03%
MSCI	B	0.07%	0.31%	0.07%
MSI	B	0.19%	0.5%	0.19%
MTD	F	0.09%	0.41%	0.09%
NDAQ	B	0.05%	0.06%	0.05%
NI	A	0.02%	0.03%	0.02%
NKE	F	0.06%	0.08%	0.06%
NOW	A	0.34%	0.35%	0.34%
NTAP	D	0.1%	0.12%	0.1%
NUE	D	0.08%	0.22%	0.08%
NVDA	A	1.82%	4.43%	1.82%
NVR	D	0.1%	0.2%	0.1%
OMC	A	0.06%	0.02%	0.02%
ORCL	A	1.42%	0.39%	0.39%
ORLY	A	0.2%	0.33%	0.2%
PANW	B	0.23%	0.33%	0.23%
PAYX	B	0.04%	0.05%	0.04%
PEP	D	0.76%	0.63%	0.63%
PFE	F	0.62%	0.22%	0.22%
PFG	C	0.01%	0.1%	0.01%
PG	C	1.03%	0.7%	0.7%
PH	A	0.14%	0.05%	0.05%
PHM	D	0.1%	0.22%	0.1%
PM	B	0.92%	0.26%	0.26%
PSA	D	0.1%	0.2%	0.1%
QCOM	F	0.8%	0.36%	0.36%
QRVO	F	0.01%	0.03%	0.01%
SBUX	B	0.1%	0.19%	0.1%
SPG	A	0.16%	0.08%	0.08%
SPGI	C	0.29%	0.2%	0.2%
STLD	C	0.04%	0.3%	0.04%
SYF	B	0.27%	0.57%	0.27%
T	A	0.74%	0.33%	0.33%
TGT	C	0.75%	0.29%	0.29%
TJX	A	0.36%	0.06%	0.06%
TMO	F	0.3%	0.36%	0.3%
TRV	B	0.2%	0.16%	0.16%
TSCO	D	0.11%	0.04%	0.04%
TXN	B	0.3%	0.37%	0.3%
UBER	F	0.22%	0.1%	0.1%
ULTA	C	0.04%	0.07%	0.04%
UNH	B	0.77%	0.76%	0.76%
UNP	D	0.51%	0.11%	0.11%
URI	B	0.09%	0.12%	0.09%
V	A	0.3%	0.74%	0.3%
VLO	C	0.16%	0.13%	0.13%
VLTO	D	0.04%	0.17%	0.04%
VRSN	C	0.04%	0.02%	0.02%
VRTX	B	0.23%	0.17%	0.17%
VST	B	0.2%	0.38%	0.2%
VZ	D	1.03%	0.1%	0.1%
WFC	A	0.87%	0.16%	0.16%
WMT	A	1.72%	0.63%	0.63%
XOM	B	0.44%	0.36%	0.36%
YUM	B	0.14%	0.22%	0.14%

MFUS Overweight 676 Positions Relative to GLOF

Symbol	Grade	Weight
LMT	D	0.78%
MO	A	0.73%
C	B	0.65%
MMM	C	0.58%
PGR	A	0.57%
GE	D	0.56%
NFLX	A	0.48%
TMUS	A	0.42%
REGN	F	0.4%
NOC	D	0.37%
CL	F	0.37%
AIG	B	0.36%
MET	C	0.32%
ICE	C	0.29%
WM	A	0.28%
ISRG	A	0.28%
THC	B	0.28%
LHX	B	0.27%
HCA	D	0.27%
AON	B	0.25%
ANF	C	0.25%
ALL	B	0.25%
GD	C	0.25%
UPS	C	0.25%
CAH	B	0.25%
NEE	D	0.24%
SFM	B	0.24%
ADM	F	0.24%
PRU	B	0.23%
SHW	A	0.22%
PSX	C	0.22%
RTX	D	0.22%
GLW	B	0.21%
CMG	B	0.2%
BSX	A	0.2%
MS	A	0.2%
MMC	D	0.2%
INTC	C	0.19%
GIS	F	0.19%
UTHR	B	0.19%
WSM	F	0.19%
BAH	C	0.18%
NEM	F	0.18%
FI	A	0.18%
MU	D	0.17%
TSN	B	0.17%
COR	B	0.17%
KMB	D	0.17%
RMD	C	0.17%
DECK	B	0.16%
KHC	F	0.16%
CASY	B	0.16%
CB	C	0.16%
BR	A	0.16%
PLTR	B	0.16%
WSO	B	0.16%
VRSK	A	0.16%
CMCSA	B	0.16%
AMT	F	0.15%
HWM	B	0.15%
MUSA	B	0.15%
F	C	0.15%
AJG	A	0.15%
TDG	D	0.15%
K	A	0.15%
DUK	D	0.14%
JNPR	D	0.14%
CME	B	0.14%
KKR	B	0.14%
FAST	B	0.13%
SYY	D	0.13%
CLX	A	0.13%
RPM	A	0.13%
LDOS	C	0.13%
WBA	D	0.13%
DPZ	C	0.13%
IRM	D	0.13%
RSG	B	0.13%
CMI	A	0.13%
CHRW	A	0.13%
CI	D	0.13%
SO	D	0.13%
VTRS	B	0.13%
EVR	B	0.12%
PYPL	A	0.12%
PWR	B	0.12%
BRO	B	0.12%
BX	A	0.12%
APH	B	0.12%
WELL	B	0.12%
BDX	F	0.12%
CW	C	0.11%
CACI	C	0.11%
XYL	F	0.11%
BWXT	B	0.11%
WTW	A	0.11%
PNC	B	0.11%
GDDY	B	0.11%
EXPD	C	0.11%
ADP	A	0.11%
JKHY	C	0.11%
EXR	D	0.11%
EFX	F	0.11%
AYI	A	0.1%
DG	F	0.1%
TRGP	B	0.1%
WMB	B	0.1%
AVY	F	0.1%
CRS	B	0.1%
KMI	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%
USB	B	0.1%
AOS	F	0.09%
ARES	B	0.09%
GPI	B	0.09%
IEX	B	0.09%
LSTR	B	0.09%
ADSK	B	0.09%
TROW	A	0.09%
DGX	B	0.09%
OKE	A	0.09%
CALM	B	0.09%
DLR	C	0.09%
IP	B	0.09%
EHC	B	0.09%
RCL	A	0.09%
HLT	A	0.09%
TMHC	B	0.09%
OTIS	D	0.08%
ABG	B	0.08%
HCC	C	0.08%
STE	D	0.08%
FIS	B	0.08%
AIZ	A	0.08%
HRB	D	0.08%
HLI	B	0.08%
TAP	B	0.08%
AEO	F	0.08%
TFC	B	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%
ECL	C	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%
EXP	B	0.07%
COIN	B	0.07%
R	B	0.07%
CHD	A	0.07%
NSC	B	0.07%
DHI	D	0.07%
SCI	B	0.07%
BCC	B	0.07%
LEN	D	0.07%
EXC	C	0.07%
TTWO	A	0.07%
ALNY	D	0.07%
BKR	B	0.07%
GLPI	D	0.07%
THO	B	0.07%
MLM	B	0.07%
NRG	C	0.07%
POOL	D	0.07%
BALL	D	0.07%
LPX	A	0.07%
D	D	0.07%
MNST	B	0.07%
CCI	F	0.07%
KDP	C	0.07%
SRE	B	0.07%
VNO	C	0.07%
BTU	C	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%
HIG	C	0.06%
WAT	B	0.06%
CPT	C	0.06%
PEG	C	0.06%
L	A	0.06%
WEN	C	0.06%
SEE	C	0.06%
ED	D	0.06%
MKC	D	0.06%
MMS	F	0.06%
TXRH	A	0.06%
O	D	0.06%
JLL	C	0.06%
LPLA	A	0.06%
RGA	A	0.06%
JCI	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%
MTH	D	0.06%
TTC	F	0.06%
ROP	A	0.06%
UHS	D	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%
CPB	F	0.05%
URBN	C	0.05%
ERIE	F	0.05%
PPG	F	0.05%
SCHW	B	0.05%
CRBG	C	0.05%
NFG	D	0.05%
WST	B	0.05%
OGN	F	0.05%
ETR	B	0.05%
FANG	C	0.05%
MTN	C	0.05%
SMG	D	0.05%
BAX	F	0.05%
USFD	B	0.05%
CNC	F	0.05%
COOP	B	0.05%
GVA	B	0.05%
HBI	B	0.05%
CARR	C	0.05%
G	B	0.05%
EXEL	B	0.05%
GNTX	C	0.05%
SLGN	B	0.05%
CBRE	B	0.05%
EIX	C	0.05%
TEX	D	0.05%
ANSS	B	0.05%
VIRT	B	0.05%
CRI	D	0.05%
POST	D	0.05%
SUI	F	0.05%
ZTS	D	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%
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%
ES	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%
FDS	A	0.04%
WTM	A	0.04%
GBX	A	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%
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%
CTVA	C	0.04%
GATX	B	0.04%
TKR	F	0.04%
JHG	A	0.04%
SIG	B	0.04%
CRUS	F	0.04%
PTC	B	0.04%
VTR	C	0.04%
ARW	F	0.04%
EME	B	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%
IPG	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%
DLTR	F	0.03%
OMF	A	0.03%
SBAC	D	0.03%
BURL	C	0.03%
TFX	F	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%
NTRS	A	0.03%
AKAM	F	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%
HBAN	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%
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	C	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%
IFF	F	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%
ODFL	B	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%
PNR	A	0.02%
ODP	F	0.02%
RHI	B	0.02%
HRL	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%
OC	A	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%
HII	F	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%
JBHT	C	0.02%
MKTX	C	0.02%
WERN	B	0.02%
JEF	B	0.02%
AAP	C	0.01%
SVC	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%
PARA	B	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%
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%
SLB	C	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 50 Positions Relative to GLOF

Symbol	Grade	Weight
MSFT	C	-4.03%
GOOG	C	-2.57%
TEAM	B	-0.54%
INTU	A	-0.52%
CDNS	B	-0.51%
TT	B	-0.43%
DOCU	B	-0.38%
FERG	B	-0.37%
TSLA	B	-0.34%
MFG	A	-0.3%
MELI	D	-0.28%
CRWD	B	-0.26%
ABT	C	-0.24%
ABNB	C	-0.24%
MOH	F	-0.23%
SNPS	C	-0.23%
MUFG	A	-0.2%
ETN	B	-0.18%
STT	B	-0.18%
LIN	D	-0.18%
HUBS	B	-0.16%
LI	F	-0.16%
HUM	D	-0.14%
SIRI	C	-0.13%
ZS	B	-0.13%
BLK	A	-0.12%
EG	D	-0.1%
SMFG	A	-0.09%
TM	F	-0.08%
NWS	B	-0.08%
CF	B	-0.07%
LULU	B	-0.07%
DE	D	-0.07%
CRH	B	-0.06%
FWONA	B	-0.05%
LINE	F	-0.05%
MRNA	F	-0.04%
FRT	B	-0.04%
MTCH	F	-0.03%
REG	A	-0.03%
WIT	B	-0.02%
STX	D	-0.02%
GL	B	-0.02%
VICI	D	-0.02%
WY	F	-0.02%
MDT	D	-0.01%
OKTA	C	-0.01%
PCAR	B	-0.01%
PLD	D	-0.01%
VEEV	B	-0.01%