MFUS vs. GSPY ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to Gotham Enhanced 500 ETF (GSPY)

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

GSPY

Gotham Enhanced 500 ETF

GSPY Description

The investment seeks long-term capital appreciation. The fund is an actively-managed ETF that seeks to achieve its investment objective by generally investing in securities of issuers included in the S&P 500® Index. It is not a passive index fund, but instead utilizes an enhanced strategy implemented by the fund's investment sub-adviser to invest in the securities in the index and weight those securities based on the Sub-Adviser's assessment of value and each security's weight in the ndex.

Grade (RS Rating)

Last Trade

$32.67

Average Daily Volume

38,195

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	GSPY
30 Days	0.35%	2.47%
60 Days	4.44%	6.36%
90 Days	6.01%	7.74%
12 Months	31.84%	32.66%

377 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in GSPY	Overlap
A	F	0.05%	0.03%	0.03%
AAPL	C	0.96%	6.34%	0.96%
ABBV	F	1.65%	0.23%	0.23%
ACN	B	0.24%	0.15%	0.15%
ADBE	C	0.04%	0.15%	0.04%
ADM	F	0.24%	0.05%	0.05%
ADP	A	0.11%	0.08%	0.08%
ADSK	B	0.09%	0.04%	0.04%
AEP	D	0.08%	0.03%	0.03%
AES	F	0.01%	0.01%	0.01%
AFL	C	0.21%	0.04%	0.04%
AIG	B	0.36%	0.03%	0.03%
AIZ	A	0.08%	0.01%	0.01%
AJG	A	0.15%	0.04%	0.04%
AKAM	F	0.03%	0.01%	0.01%
ALGN	D	0.01%	0.01%	0.01%
ALL	B	0.25%	0.03%	0.03%
AMAT	F	0.55%	0.68%	0.55%
AMGN	F	1.03%	0.11%	0.11%
AMP	A	0.17%	0.1%	0.1%
AMT	F	0.15%	0.06%	0.06%
AMZN	A	1.64%	4.77%	1.64%
ANET	C	0.15%	0.08%	0.08%
ANSS	B	0.05%	0.05%	0.05%
AON	B	0.25%	0.36%	0.25%
AOS	F	0.09%	0.01%	0.01%
APH	B	0.12%	0.06%	0.06%
ATO	B	0.02%	0.01%	0.01%
AVB	B	0.03%	0.02%	0.02%
AVGO	C	1.63%	1.13%	1.13%
AVY	F	0.1%	0.02%	0.02%
AXP	B	0.22%	0.45%	0.22%
AZO	B	0.28%	0.04%	0.04%
BAC	A	0.42%	0.66%	0.42%
BALL	D	0.07%	0.1%	0.07%
BAX	F	0.05%	0.01%	0.01%
BBWI	C	0.01%	0.03%	0.01%
BBY	C	0.22%	0.1%	0.1%
BDX	F	0.12%	0.04%	0.04%
BEN	C	0.02%	0.06%	0.02%
BIIB	F	0.07%	0.12%	0.07%
BK	B	0.18%	0.11%	0.11%
BKNG	A	0.41%	0.78%	0.41%
BKR	B	0.07%	0.17%	0.07%
BLDR	C	0.04%	0.12%	0.04%
BMY	B	0.4%	0.07%	0.07%
BR	A	0.16%	0.12%	0.12%
BRK.A	B	2.36%	1.89%	1.89%
BRO	B	0.12%	0.15%	0.12%
BSX	A	0.2%	0.08%	0.08%
BWA	B	0.01%	0.04%	0.01%
BX	A	0.12%	0.24%	0.12%
BXP	D	0.02%	0.01%	0.01%
C	B	0.65%	0.25%	0.25%
CAG	F	0.04%	0.01%	0.01%
CAH	B	0.25%	0.02%	0.02%
CARR	C	0.05%	0.04%	0.04%
CAT	B	0.2%	1.14%	0.2%
CB	C	0.16%	0.14%	0.14%
CBRE	B	0.05%	0.02%	0.02%
CCI	F	0.07%	0.03%	0.03%
CCL	B	0.02%	0.02%	0.02%
CDW	F	0.03%	0.02%	0.02%
CE	F	0.04%	0.01%	0.01%
CEG	D	0.11%	0.35%	0.11%
CFG	B	0.04%	0.04%	0.04%
CHD	A	0.07%	0.02%	0.02%
CHRW	A	0.13%	0.01%	0.01%
CHTR	B	0.3%	0.11%	0.11%
CI	D	0.13%	0.49%	0.13%
CINF	A	0.02%	0.07%	0.02%
CL	F	0.37%	0.35%	0.35%
CLX	A	0.13%	0.05%	0.05%
CMCSA	B	0.16%	0.25%	0.16%
CME	B	0.14%	0.05%	0.05%
CMG	B	0.2%	0.05%	0.05%
CMI	A	0.13%	0.27%	0.13%
CMS	D	0.03%	0.01%	0.01%
CNC	F	0.05%	0.15%	0.05%
COF	B	0.27%	0.13%	0.13%
COP	C	0.07%	0.09%	0.07%
COR	B	0.17%	0.26%	0.17%
COST	B	1.33%	0.26%	0.26%
CPAY	A	0.03%	0.14%	0.03%
CPB	F	0.05%	0.01%	0.01%
CPRT	A	0.08%	0.03%	0.03%
CPT	C	0.06%	0.01%	0.01%
CSCO	A	0.65%	0.59%	0.59%
CSX	B	0.11%	0.33%	0.11%
CTAS	B	0.19%	0.05%	0.05%
CTLT	D	0.02%	0.01%	0.01%
CTVA	C	0.04%	0.03%	0.03%
CVS	F	0.66%	0.36%	0.36%
CVX	A	0.39%	0.65%	0.39%
D	D	0.07%	0.23%	0.07%
DD	D	0.1%	0.17%	0.1%
DECK	B	0.16%	0.02%	0.02%
DELL	C	0.03%	0.27%	0.03%
DFS	B	0.09%	0.08%	0.08%
DG	F	0.1%	0.08%	0.08%
DGX	B	0.09%	0.01%	0.01%
DHI	D	0.07%	0.03%	0.03%
DHR	F	0.26%	0.34%	0.26%
DLR	C	0.09%	0.03%	0.03%
DLTR	F	0.03%	0.01%	0.01%
DOV	A	0.02%	0.15%	0.02%
DOW	F	0.02%	0.02%	0.02%
DPZ	C	0.13%	0.01%	0.01%
DRI	B	0.03%	0.01%	0.01%
DTE	D	0.02%	0.02%	0.02%
DUK	D	0.14%	0.06%	0.06%
DVA	C	0.15%	0.06%	0.06%
EA	A	0.17%	0.08%	0.08%
EBAY	C	0.36%	0.17%	0.17%
ECL	C	0.08%	0.04%	0.04%
ED	D	0.06%	0.02%	0.02%
EFX	F	0.11%	0.02%	0.02%
EIX	C	0.05%	0.02%	0.02%
ELV	F	0.16%	0.47%	0.16%
EMN	D	0.04%	0.06%	0.04%
EMR	A	0.08%	0.34%	0.08%
EQR	C	0.04%	0.02%	0.02%
ERIE	F	0.05%	0.01%	0.01%
ES	D	0.04%	0.01%	0.01%
ESS	C	0.04%	0.01%	0.01%
ETR	B	0.05%	0.02%	0.02%
EVRG	A	0.02%	0.01%	0.01%
EXC	C	0.07%	0.02%	0.02%
EXPD	C	0.11%	0.01%	0.01%
EXR	D	0.11%	0.02%	0.02%
F	C	0.15%	0.03%	0.03%
FANG	C	0.05%	0.04%	0.04%
FAST	B	0.13%	0.03%	0.03%
FDS	A	0.04%	0.01%	0.01%
FE	D	0.03%	0.02%	0.02%
FFIV	B	0.06%	0.08%	0.06%
FI	A	0.18%	0.68%	0.18%
FICO	B	0.22%	0.03%	0.03%
FIS	B	0.08%	0.03%	0.03%
FITB	A	0.04%	0.06%	0.04%
FOXA	A	0.11%	0.1%	0.1%
FTNT	B	0.06%	0.04%	0.04%
GD	C	0.25%	0.4%	0.25%
GDDY	B	0.11%	0.02%	0.02%
GE	D	0.56%	1.02%	0.56%
GEHC	D	0.08%	0.06%	0.06%
GEN	B	0.1%	0.1%	0.1%
GILD	B	0.87%	0.61%	0.61%
GIS	F	0.19%	0.02%	0.02%
GLW	B	0.21%	0.03%	0.03%
GM	B	0.37%	0.31%	0.31%
GNRC	B	0.05%	0.01%	0.01%
GS	B	0.36%	0.41%	0.36%
GWW	B	0.21%	0.05%	0.05%
HBAN	A	0.03%	0.02%	0.02%
HCA	D	0.27%	0.42%	0.27%
HD	B	0.62%	0.69%	0.62%
HIG	C	0.06%	0.15%	0.06%
HII	F	0.02%	0.01%	0.01%
HLT	A	0.09%	0.04%	0.04%
HOLX	D	0.04%	0.09%	0.04%
HPE	B	0.11%	0.13%	0.11%
HPQ	B	0.29%	0.2%	0.2%
HRL	F	0.02%	0.01%	0.01%
HSIC	F	0.03%	0.01%	0.01%
HST	D	0.02%	0.01%	0.01%
HSY	F	0.06%	0.02%	0.02%
HUBB	C	0.03%	0.01%	0.01%
HWM	B	0.15%	0.03%	0.03%
IBM	D	1.07%	0.13%	0.13%
ICE	C	0.29%	0.28%	0.28%
IDXX	F	0.05%	0.02%	0.02%
IEX	B	0.09%	0.01%	0.01%
IFF	F	0.03%	0.01%	0.01%
INCY	B	0.01%	0.03%	0.01%
INTC	C	0.19%	0.07%	0.07%
INVH	D	0.04%	0.01%	0.01%
IP	B	0.09%	0.1%	0.09%
IPG	F	0.04%	0.05%	0.04%
IR	A	0.08%	0.03%	0.03%
IRM	D	0.13%	0.02%	0.02%
ISRG	A	0.28%	0.11%	0.11%
IT	B	0.14%	0.02%	0.02%
ITW	B	0.1%	0.33%	0.1%
IVZ	B	0.03%	0.02%	0.02%
JBHT	C	0.02%	0.01%	0.01%
JBL	C	0.03%	0.09%	0.03%
JCI	A	0.06%	0.04%	0.04%
JKHY	C	0.11%	0.01%	0.01%
JNJ	D	1.27%	1.05%	1.05%
JNPR	D	0.14%	0.01%	0.01%
JPM	A	0.93%	1.47%	0.93%
K	A	0.15%	0.03%	0.03%
KDP	C	0.07%	0.21%	0.07%
KEY	B	0.02%	0.04%	0.02%
KHC	F	0.16%	0.22%	0.16%
KIM	A	0.02%	0.01%	0.01%
KKR	B	0.14%	0.28%	0.14%
KLAC	F	0.24%	0.4%	0.24%
KMB	D	0.17%	0.25%	0.17%
KMI	B	0.1%	0.04%	0.04%
KO	F	1.07%	0.18%	0.18%
KR	A	0.37%	0.23%	0.23%
L	A	0.06%	0.09%	0.06%
LDOS	C	0.13%	0.15%	0.13%
LEN	D	0.07%	0.09%	0.07%
LHX	B	0.27%	0.21%	0.21%
LLY	F	2.52%	0.45%	0.45%
LMT	D	0.78%	0.5%	0.5%
LNT	C	0.02%	0.01%	0.01%
LOW	B	0.36%	0.78%	0.36%
LRCX	F	0.18%	0.47%	0.18%
LW	B	0.03%	0.01%	0.01%
LYB	F	0.16%	0.13%	0.13%
MA	B	0.28%	0.9%	0.28%
MAA	C	0.02%	0.01%	0.01%
MAR	A	0.04%	0.37%	0.04%
MAS	D	0.06%	0.08%	0.06%
MCD	C	0.54%	0.49%	0.49%
MCK	B	0.56%	0.18%	0.18%
MCO	C	0.14%	0.05%	0.05%
MDLZ	F	0.24%	0.31%	0.24%
MET	C	0.32%	0.24%	0.24%
META	B	2.36%	3.26%	2.36%
MHK	D	0.01%	0.04%	0.01%
MKC	D	0.06%	0.01%	0.01%
MKTX	C	0.02%	0.01%	0.01%
MLM	B	0.07%	0.02%	0.02%
MMC	D	0.2%	0.51%	0.2%
MMM	C	0.58%	0.38%	0.38%
MNST	B	0.07%	0.04%	0.04%
MO	A	0.73%	0.52%	0.52%
MOS	D	0.01%	0.01%	0.01%
MPC	D	0.32%	0.03%	0.03%
MPWR	F	0.08%	0.02%	0.02%
MRK	F	0.89%	0.43%	0.43%
MRO	B	0.03%	0.08%	0.03%
MS	A	0.2%	0.4%	0.2%
MSCI	B	0.07%	0.03%	0.03%
MSI	B	0.19%	0.05%	0.05%
MTB	A	0.04%	0.07%	0.04%
MTD	F	0.09%	0.02%	0.02%
MU	D	0.17%	0.23%	0.17%
NDAQ	B	0.05%	0.21%	0.05%
NDSN	B	0.04%	0.01%	0.01%
NEE	D	0.24%	0.1%	0.1%
NEM	F	0.18%	0.03%	0.03%
NFLX	A	0.48%	0.62%	0.48%
NI	A	0.02%	0.01%	0.01%
NKE	F	0.06%	0.53%	0.06%
NOC	D	0.37%	0.14%	0.14%
NOW	A	0.34%	0.12%	0.12%
NRG	C	0.07%	0.11%	0.07%
NSC	B	0.07%	0.04%	0.04%
NTAP	D	0.1%	0.14%	0.1%
NTRS	A	0.03%	0.04%	0.03%
NUE	D	0.08%	0.03%	0.03%
NVDA	A	1.82%	6.2%	1.82%
NVR	D	0.1%	0.02%	0.02%
NWSA	B	0.04%	0.01%	0.01%
O	D	0.06%	0.03%	0.03%
ODFL	B	0.02%	0.03%	0.02%
OKE	A	0.09%	0.22%	0.09%
OMC	A	0.06%	0.11%	0.06%
ORCL	A	1.42%	0.32%	0.32%
ORLY	A	0.2%	0.04%	0.04%
OTIS	D	0.08%	0.19%	0.08%
PANW	B	0.23%	0.08%	0.08%
PARA	B	0.01%	0.01%	0.01%
PAYX	B	0.04%	0.03%	0.03%
PEG	C	0.06%	0.03%	0.03%
PEP	D	0.76%	0.25%	0.25%
PFE	F	0.62%	0.1%	0.1%
PFG	C	0.01%	0.01%	0.01%
PG	C	1.03%	0.36%	0.36%
PGR	A	0.57%	0.1%	0.1%
PH	A	0.14%	0.06%	0.06%
PHM	D	0.1%	0.02%	0.02%
PKG	B	0.1%	0.1%	0.1%
PLTR	B	0.16%	0.09%	0.09%
PM	B	0.92%	1.02%	0.92%
PNC	B	0.11%	0.15%	0.11%
PNR	A	0.02%	0.08%	0.02%
PNW	A	0.01%	0.0%	0.0%
POOL	D	0.07%	0.01%	0.01%
PPG	F	0.05%	0.14%	0.05%
PPL	A	0.04%	0.02%	0.02%
PRU	B	0.23%	0.21%	0.21%
PSA	D	0.1%	0.03%	0.03%
PSX	C	0.22%	0.04%	0.04%
PTC	B	0.04%	0.01%	0.01%
PWR	B	0.12%	0.03%	0.03%
PYPL	A	0.12%	0.46%	0.12%
QCOM	F	0.8%	1.03%	0.8%
QRVO	F	0.01%	0.04%	0.01%
RCL	A	0.09%	0.04%	0.04%
REGN	F	0.4%	0.05%	0.05%
RF	A	0.02%	0.02%	0.02%
RL	B	0.03%	0.07%	0.03%
RMD	C	0.17%	0.02%	0.02%
ROL	C	0.06%	0.02%	0.02%
ROP	A	0.06%	0.11%	0.06%
RSG	B	0.13%	0.04%	0.04%
RTX	D	0.22%	0.11%	0.11%
RVTY	C	0.01%	0.01%	0.01%
SBAC	D	0.03%	0.01%	0.01%
SBUX	B	0.1%	0.07%	0.07%
SCHW	B	0.05%	0.22%	0.05%
SHW	A	0.22%	0.06%	0.06%
SJM	F	0.04%	0.01%	0.01%
SLB	C	0.01%	0.29%	0.01%
SMCI	F	0.08%	0.06%	0.06%
SO	D	0.13%	0.06%	0.06%
SPG	A	0.16%	0.04%	0.04%
SPGI	C	0.29%	0.1%	0.1%
SRE	B	0.07%	0.04%	0.04%
STE	D	0.08%	0.01%	0.01%
STLD	C	0.04%	0.01%	0.01%
STZ	D	0.06%	0.2%	0.06%
SYF	B	0.27%	0.05%	0.05%
SYY	D	0.13%	0.18%	0.13%
T	A	0.74%	0.51%	0.51%
TAP	B	0.08%	0.06%	0.06%
TDG	D	0.15%	0.05%	0.05%
TER	F	0.03%	0.01%	0.01%
TFC	B	0.08%	0.12%	0.08%
TFX	F	0.03%	0.0%	0.0%
TGT	C	0.75%	0.32%	0.32%
TJX	A	0.36%	0.26%	0.26%
TMO	F	0.3%	0.14%	0.14%
TMUS	A	0.42%	1.25%	0.42%
TPR	A	0.01%	0.06%	0.01%
TRGP	B	0.1%	0.03%	0.03%
TROW	A	0.09%	0.06%	0.06%
TRV	B	0.2%	0.04%	0.04%
TSCO	D	0.11%	0.02%	0.02%
TSN	B	0.17%	0.01%	0.01%
TTWO	A	0.07%	0.05%	0.05%
TXN	B	0.3%	0.13%	0.13%
TYL	B	0.08%	0.01%	0.01%
UAL	A	0.01%	0.02%	0.01%
UBER	F	0.22%	0.1%	0.1%
UDR	C	0.03%	0.01%	0.01%
UHS	D	0.06%	0.07%	0.06%
ULTA	C	0.04%	0.01%	0.01%
UNH	B	0.77%	0.81%	0.77%
UNP	D	0.51%	0.34%	0.34%
UPS	C	0.25%	0.07%	0.07%
URI	B	0.09%	0.1%	0.09%
USB	B	0.1%	0.15%	0.1%
V	A	0.3%	1.3%	0.3%
VLO	C	0.16%	0.16%	0.16%
VLTO	D	0.04%	0.02%	0.02%
VRSK	A	0.16%	0.02%	0.02%
VRSN	C	0.04%	0.1%	0.04%
VRTX	B	0.23%	0.08%	0.08%
VST	B	0.2%	0.03%	0.03%
VTR	C	0.04%	0.02%	0.02%
VTRS	B	0.13%	0.01%	0.01%
VZ	D	1.03%	0.71%	0.71%
WAB	B	0.05%	0.19%	0.05%
WAT	B	0.06%	0.01%	0.01%
WBA	D	0.13%	0.04%	0.04%
WDC	D	0.08%	0.02%	0.02%
WELL	B	0.12%	0.05%	0.05%
WFC	A	0.87%	0.46%	0.46%
WM	A	0.28%	0.06%	0.06%
WMB	B	0.1%	0.04%	0.04%
WMT	A	1.72%	0.44%	0.44%
WRB	B	0.02%	0.02%	0.02%
WST	B	0.05%	0.01%	0.01%
WTW	A	0.11%	0.02%	0.02%
XOM	B	0.44%	0.9%	0.44%
XYL	F	0.11%	0.02%	0.02%
YUM	B	0.14%	0.15%	0.14%
ZBRA	B	0.04%	0.1%	0.04%
ZTS	D	0.05%	0.05%	0.05%

MFUS Overweight 438 Positions Relative to GSPY

Symbol	Grade	Weight
THC	B	0.28%
ANF	C	0.25%
SFM	B	0.24%
LII	B	0.21%
UTHR	B	0.19%
WSM	F	0.19%
BAH	C	0.18%
CASY	B	0.16%
WSO	B	0.16%
MUSA	B	0.15%
RPM	A	0.13%
EVR	B	0.12%
CW	C	0.11%
CACI	C	0.11%
BWXT	B	0.11%
AYI	A	0.1%
CRS	B	0.1%
JXN	C	0.1%
DASH	A	0.1%
ALSN	B	0.1%
ARES	B	0.09%
GPI	B	0.09%
LSTR	B	0.09%
CALM	B	0.09%
EHC	B	0.09%
TMHC	B	0.09%
ABG	B	0.08%
HCC	C	0.08%
HRB	D	0.08%
HLI	B	0.08%
AEO	F	0.08%
WCC	B	0.08%
ITT	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%
SLG	C	0.08%
CNX	B	0.07%
EXP	B	0.07%
COIN	B	0.07%
R	B	0.07%
SCI	B	0.07%
BCC	B	0.07%
ALNY	D	0.07%
GLPI	D	0.07%
THO	B	0.07%
LPX	A	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%
LECO	C	0.06%
CHE	D	0.06%
GAP	B	0.06%
TPH	C	0.06%
TW	B	0.06%
BC	D	0.06%
WEN	C	0.06%
SEE	C	0.06%
MMS	F	0.06%
TXRH	A	0.06%
JLL	C	0.06%
LPLA	A	0.06%
RGA	A	0.06%
PK	C	0.06%
AMG	B	0.06%
AN	C	0.06%
MSM	C	0.06%
CCK	D	0.06%
MTH	D	0.06%
TTC	F	0.06%
TOL	B	0.06%
INGR	B	0.06%
BERY	D	0.06%
APP	B	0.06%
WU	F	0.06%
UFPI	B	0.06%
SKYW	B	0.06%
URBN	C	0.05%
CRBG	C	0.05%
NFG	D	0.05%
OGN	F	0.05%
MTN	C	0.05%
SMG	D	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%
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%
DOX	C	0.04%
AMH	C	0.04%
TRN	B	0.04%
BJ	B	0.04%
CDP	C	0.04%
WH	A	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%
SLVM	C	0.04%
HEI	A	0.04%
BHF	B	0.04%
AROC	B	0.04%
FLO	F	0.04%
GEO	B	0.04%
OLN	F	0.04%
UNM	A	0.04%
FL	F	0.04%
CMA	A	0.04%
ATI	F	0.04%
LOPE	B	0.04%
FTI	B	0.04%
NBIX	C	0.04%
CPNG	B	0.04%
GATX	B	0.04%
TKR	F	0.04%
JHG	A	0.04%
SIG	B	0.04%
CRUS	F	0.04%
ARW	F	0.04%
EME	B	0.04%
MAC	B	0.04%
CUBE	D	0.04%
AR	B	0.04%
RS	C	0.04%
KD	A	0.04%
TDS	C	0.04%
RGLD	C	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%
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%
WPC	F	0.03%
WHR	B	0.03%
LNC	B	0.03%
VC	F	0.03%
FHI	A	0.03%
BKU	A	0.03%
MAN	F	0.03%
AMKR	F	0.03%
PRG	B	0.03%
CG	B	0.03%
PLXS	C	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%
TPX	B	0.03%
GGG	B	0.03%
AVA	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%
MATX	B	0.03%
XPO	B	0.03%
BLD	F	0.03%
ASO	F	0.03%
OSK	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%
PHIN	B	0.02%
REZI	A	0.02%
HE	F	0.02%
TTMI	B	0.02%
DNOW	B	0.02%
ZION	B	0.02%
SSNC	C	0.02%
LAUR	B	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%
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%
WKC	C	0.02%
SNDR	B	0.02%
NSP	F	0.02%
BRKR	F	0.02%
NAVI	D	0.02%
MDU	D	0.02%
ODP	F	0.02%
RHI	B	0.02%
PMT	D	0.02%
VFC	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%
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%
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%
HAE	B	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%
COKE	C	0.02%
ADNT	D	0.02%
PDCO	F	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%
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%
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%
UGI	D	0.01%
SEB	F	0.01%
OUT	B	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%
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%
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%
LADR	B	0.01%
CR	B	0.01%
SAIC	D	0.01%
FLR	C	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%
IOSP	B	0.01%
GME	C	0.01%
PTEN	C	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%
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 119 Positions Relative to GSPY

Symbol	Grade	Weight
MSFT	C	-7.01%
GOOGL	C	-4.48%
TSLA	B	-0.95%
HON	B	-0.62%
DIS	B	-0.61%
TT	B	-0.42%
ABT	C	-0.38%
FDX	B	-0.32%
EOG	A	-0.31%
ROST	D	-0.24%
OXY	F	-0.22%
GRMN	A	-0.22%
LULU	B	-0.21%
DAL	A	-0.21%
CRM	B	-0.19%
LVS	C	-0.16%
HUM	D	-0.16%
AMD	F	-0.15%
LIN	D	-0.14%
HAL	C	-0.13%
DVN	F	-0.12%
INTU	A	-0.11%
SNA	A	-0.1%
J	D	-0.09%
MOH	F	-0.09%
ETN	B	-0.09%
MDT	D	-0.08%
PCG	A	-0.08%
SYK	A	-0.08%
PLD	D	-0.07%
SWKS	F	-0.07%
ADI	D	-0.07%
DE	D	-0.07%
CTSH	A	-0.07%
KMX	B	-0.06%
ALLE	D	-0.06%
ABNB	C	-0.06%
APTV	F	-0.06%
SOLV	C	-0.06%
GEV	B	-0.06%
BA	F	-0.06%
SWK	F	-0.06%
EQIX	B	-0.05%
CRWD	B	-0.05%
SNPS	C	-0.05%
SW	B	-0.05%
CDNS	B	-0.05%
STT	B	-0.05%
LKQ	C	-0.05%
FMC	F	-0.04%
NXPI	F	-0.04%
PCAR	B	-0.04%
CZR	F	-0.04%
FCX	F	-0.04%
APD	B	-0.04%
EW	F	-0.03%
RJF	A	-0.03%
HES	B	-0.03%
KVUE	A	-0.03%
AME	A	-0.03%
KEYS	C	-0.02%
AEE	B	-0.02%
DXCM	C	-0.02%
FTV	C	-0.02%
HAS	D	-0.02%
AXON	B	-0.02%
VICI	D	-0.02%
ROK	B	-0.02%
WEC	B	-0.02%
GPN	B	-0.02%
LYV	A	-0.02%
ON	F	-0.02%
CSGP	F	-0.02%
EPAM	B	-0.02%
IQV	F	-0.02%
VMC	B	-0.02%
XEL	A	-0.02%
MCHP	F	-0.02%
ACGL	C	-0.02%
FRT	B	-0.01%
CRL	C	-0.01%
ALB	C	-0.01%
ENPH	F	-0.01%
GL	B	-0.01%
WYNN	C	-0.01%
MTCH	F	-0.01%
TECH	D	-0.01%
DAY	B	-0.01%
BG	D	-0.01%
REG	A	-0.01%
MGM	D	-0.01%
PAYC	B	-0.01%
EG	D	-0.01%
NCLH	B	-0.01%
PODD	B	-0.01%
DOC	C	-0.01%
AMCR	D	-0.01%
EQT	B	-0.01%
GPC	D	-0.01%
CF	B	-0.01%
TXT	D	-0.01%
FSLR	F	-0.01%
ARE	F	-0.01%
CBOE	D	-0.01%
LH	B	-0.01%
TRMB	B	-0.01%
EXPE	B	-0.01%
CNP	B	-0.01%
TDY	B	-0.01%
LUV	B	-0.01%
CTRA	B	-0.01%
MRNA	F	-0.01%
WBD	B	-0.01%
EL	F	-0.01%
AWK	D	-0.01%
STX	D	-0.01%
WY	F	-0.01%
ZBH	C	-0.01%
APA	F	-0.0%