MFUS vs. GSUS ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to Goldman Sachs MarketBeta U.S. Equity ETF (GSUS)

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

$50.35

Average Daily Volume

7,922

Number of Holdings ^*

809

* may have additional holdings in another (foreign) market

GSUS

Goldman Sachs MarketBeta U.S. Equity ETF

GSUS Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive GBS United States Large & Mid Cap Index. The fund invests at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index consists of equity securities of large and mid-capitalization equity issuers covering approximately the largest 85% of the free-float market capitalization in the United States.

Grade (RS Rating)

Last Trade

$78.70

Average Daily Volume

88,740

Number of Holdings ^*

443

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	GSUS
30 Days	3.55%	4.34%
60 Days	10.60%	11.15%
90 Days	6.54%	3.53%
12 Months	36.03%	36.11%

325 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in GSUS	Overlap
A	B	0.05%	0.09%	0.05%
AAPL	C	0.97%	6.84%	0.97%
ABBV	C	1.56%	0.72%	0.72%
ACN	B	0.23%	0.51%	0.23%
ADBE	F	0.04%	0.47%	0.04%
ADM	F	0.25%	0.06%	0.06%
ADP	A	0.1%	0.25%	0.1%
ADSK	B	0.08%	0.12%	0.08%
AEP	C	0.09%	0.11%	0.09%
AFL	A	0.22%	0.12%	0.12%
AIG	C	0.34%	0.11%	0.11%
AJG	C	0.14%	0.13%	0.13%
AKAM	D	0.03%	0.03%	0.03%
ALGN	D	0.02%	0.04%	0.02%
ALL	A	0.26%	0.1%	0.1%
ALNY	C	0.07%	0.07%	0.07%
AMAT	C	0.59%	0.35%	0.35%
AMGN	D	1.01%	0.36%	0.36%
AMP	A	0.12%	0.1%	0.1%
AMT	D	0.16%	0.22%	0.16%
AMZN	C	1.6%	3.62%	1.6%
ANET	A	0.14%	0.19%	0.14%
ANSS	D	0.05%	0.06%	0.05%
AON	A	0.23%	0.14%	0.14%
APH	D	0.11%	0.15%	0.11%
ARES	A	0.08%	0.06%	0.06%
ATO	A	0.02%	0.04%	0.02%
AVB	C	0.03%	0.07%	0.03%
AVGO	B	1.68%	1.68%	1.68%
AVTR	D	0.04%	0.03%	0.03%
AXP	A	0.21%	0.33%	0.21%
AZO	D	0.29%	0.11%	0.11%
BAC	B	0.39%	0.57%	0.39%
BALL	C	0.08%	0.04%	0.04%
BAX	D	0.05%	0.04%	0.04%
BBY	C	0.23%	0.04%	0.04%
BDX	C	0.12%	0.14%	0.12%
BIIB	F	0.08%	0.06%	0.06%
BK	A	0.17%	0.11%	0.11%
BKNG	B	0.36%	0.3%	0.3%
BKR	B	0.07%	0.08%	0.07%
BMRN	F	0.01%	0.03%	0.01%
BMY	A	0.36%	0.23%	0.23%
BR	B	0.16%	0.05%	0.05%
BRK.A	B	2.37%	1.25%	1.25%
BSX	A	0.2%	0.26%	0.2%
BX	C	0.11%	0.22%	0.11%
C	B	0.63%	0.24%	0.24%
CAG	D	0.05%	0.03%	0.03%
CAH	B	0.24%	0.06%	0.06%
CARR	A	0.05%	0.13%	0.05%
CAT	A	0.2%	0.41%	0.2%
CB	A	0.17%	0.25%	0.17%
CBRE	C	0.05%	0.08%	0.05%
CCI	D	0.08%	0.1%	0.08%
CCL	C	0.02%	0.04%	0.02%
CDW	D	0.04%	0.06%	0.04%
CE	D	0.04%	0.03%	0.03%
CEG	A	0.13%	0.19%	0.13%
CFG	C	0.03%	0.04%	0.03%
CHD	D	0.07%	0.05%	0.05%
CHTR	D	0.25%	0.07%	0.07%
CI	D	0.15%	0.2%	0.15%
CINF	A	0.02%	0.04%	0.02%
CL	D	0.41%	0.17%	0.17%
CLX	C	0.12%	0.04%	0.04%
CMCSA	B	0.16%	0.33%	0.16%
CME	A	0.14%	0.17%	0.14%
CMG	C	0.2%	0.16%	0.16%
CMI	A	0.13%	0.09%	0.09%
CMS	A	0.03%	0.04%	0.03%
CNC	F	0.06%	0.08%	0.06%
COF	A	0.24%	0.12%	0.12%
COIN	F	0.06%	0.07%	0.06%
COP	D	0.07%	0.28%	0.07%
COST	C	1.36%	0.82%	0.82%
CPAY	A	0.03%	0.05%	0.03%
CPB	D	0.05%	0.02%	0.02%
CPNG	C	0.04%	0.06%	0.04%
CPRT	B	0.08%	0.09%	0.08%
CSCO	A	0.61%	0.44%	0.44%
CSX	D	0.11%	0.14%	0.11%
CTAS	C	0.19%	0.15%	0.15%
CTVA	A	0.04%	0.09%	0.04%
CVS	D	0.71%	0.17%	0.17%
CVX	B	0.36%	0.53%	0.36%
D	A	0.07%	0.1%	0.07%
DASH	A	0.09%	0.1%	0.09%
DD	C	0.11%	0.07%	0.07%
DELL	C	0.03%	0.07%	0.03%
DFS	A	0.08%	0.08%	0.08%
DG	F	0.1%	0.04%	0.04%
DGX	D	0.09%	0.03%	0.03%
DHI	C	0.07%	0.12%	0.07%
DHR	D	0.28%	0.37%	0.28%
DLR	C	0.08%	0.11%	0.08%
DLTR	F	0.03%	0.03%	0.03%
DOV	C	0.02%	0.05%	0.02%
DOW	B	0.02%	0.08%	0.02%
DOX	B	0.03%	0.02%	0.02%
DPZ	D	0.13%	0.03%	0.03%
DRI	C	0.03%	0.04%	0.03%
DTE	B	0.02%	0.05%	0.02%
DUK	C	0.14%	0.18%	0.14%
EA	D	0.16%	0.07%	0.07%
EBAY	A	0.38%	0.07%	0.07%
ECL	C	0.08%	0.13%	0.08%
ED	C	0.06%	0.07%	0.06%
EFX	D	0.13%	0.07%	0.07%
EIX	C	0.05%	0.07%	0.05%
ELV	F	0.2%	0.24%	0.2%
EMR	B	0.07%	0.13%	0.07%
EQR	C	0.04%	0.05%	0.04%
ES	D	0.04%	0.05%	0.04%
ESS	D	0.02%	0.04%	0.02%
ETR	A	0.04%	0.06%	0.04%
EXC	C	0.07%	0.08%	0.07%
EXPD	D	0.09%	0.04%	0.04%
EXR	D	0.13%	0.07%	0.07%
F	D	0.15%	0.09%	0.09%
FANG	D	0.05%	0.07%	0.05%
FAST	C	0.11%	0.08%	0.08%
FE	C	0.03%	0.05%	0.03%
FICO	C	0.21%	0.1%	0.1%
FIS	A	0.07%	0.1%	0.07%
FITB	C	0.04%	0.06%	0.04%
FNF	C	0.03%	0.03%	0.03%
FOXA	B	0.1%	0.02%	0.02%
FTNT	A	0.06%	0.1%	0.06%
GD	C	0.24%	0.14%	0.14%
GE	B	0.61%	0.43%	0.43%
GEHC	C	0.08%	0.08%	0.08%
GILD	A	0.79%	0.22%	0.22%
GIS	C	0.2%	0.09%	0.09%
GLW	C	0.19%	0.07%	0.07%
GM	D	0.32%	0.11%	0.11%
GS	B	0.35%	0.33%	0.33%
GWW	B	0.19%	0.08%	0.08%
HBAN	B	0.03%	0.04%	0.03%
HCA	C	0.3%	0.16%	0.16%
HD	A	0.6%	0.85%	0.6%
HIG	A	0.06%	0.07%	0.06%
HLT	A	0.09%	0.12%	0.09%
HOLX	D	0.03%	0.04%	0.03%
HPE	B	0.1%	0.06%	0.06%
HPQ	B	0.29%	0.07%	0.07%
HRL	F	0.02%	0.02%	0.02%
HSY	D	0.06%	0.06%	0.06%
IBKR	A	0.05%	0.03%	0.03%
IBM	A	1.14%	0.43%	0.43%
ICE	A	0.3%	0.19%	0.19%
IDXX	D	0.06%	0.08%	0.06%
IFF	D	0.04%	0.05%	0.04%
INCY	B	0.01%	0.03%	0.01%
INTC	D	0.19%	0.2%	0.19%
INVH	D	0.04%	0.04%	0.04%
IP	C	0.08%	0.03%	0.03%
IR	A	0.08%	0.09%	0.08%
IRM	B	0.12%	0.07%	0.07%
ISRG	C	0.23%	0.36%	0.23%
IT	A	0.14%	0.08%	0.08%
ITW	C	0.1%	0.16%	0.1%
JBHT	D	0.02%	0.03%	0.02%
JCI	C	0.06%	0.11%	0.06%
JNJ	D	1.28%	0.81%	0.81%
JPM	C	0.88%	1.26%	0.88%
K	B	0.15%	0.04%	0.04%
KDP	C	0.08%	0.08%	0.08%
KEY	B	0.02%	0.03%	0.02%
KHC	F	0.16%	0.06%	0.06%
KKR	A	0.14%	0.19%	0.14%
KLAC	B	0.28%	0.22%	0.22%
KMB	D	0.18%	0.1%	0.1%
KMI	A	0.09%	0.1%	0.09%
KO	C	1.16%	0.57%	0.57%
KR	C	0.37%	0.08%	0.08%
L	C	0.06%	0.03%	0.03%
LDOS	A	0.11%	0.05%	0.05%
LEN	C	0.07%	0.09%	0.07%
LEN	C	0.07%	0.0%	0.0%
LHX	A	0.23%	0.1%	0.1%
LLY	D	2.87%	1.58%	1.58%
LMT	A	0.82%	0.3%	0.3%
LNT	B	0.02%	0.03%	0.02%
LOW	C	0.34%	0.32%	0.32%
LYB	B	0.18%	0.05%	0.05%
MA	A	0.27%	0.86%	0.27%
MAA	D	0.02%	0.04%	0.02%
MAR	A	0.04%	0.13%	0.04%
MAS	C	0.06%	0.04%	0.04%
MCD	A	0.55%	0.46%	0.46%
MCK	F	0.5%	0.13%	0.13%
MCO	D	0.12%	0.15%	0.12%
MDLZ	D	0.26%	0.2%	0.2%
MET	A	0.32%	0.11%	0.11%
META	A	2.37%	2.74%	2.37%
MKC	C	0.06%	0.04%	0.04%
MLM	F	0.07%	0.07%	0.07%
MMC	D	0.19%	0.23%	0.19%
MMM	C	0.63%	0.16%	0.16%
MNST	D	0.07%	0.07%	0.07%
MO	D	0.66%	0.18%	0.18%
MPC	D	0.36%	0.13%	0.13%
MPWR	B	0.1%	0.09%	0.09%
MRK	F	1.0%	0.58%	0.58%
MS	A	0.18%	0.29%	0.18%
MSCI	B	0.06%	0.09%	0.06%
MSI	A	0.18%	0.16%	0.16%
MTB	A	0.03%	0.06%	0.03%
MTD	C	0.1%	0.06%	0.06%
MU	D	0.15%	0.24%	0.15%
NDAQ	C	0.05%	0.06%	0.05%
NEE	C	0.25%	0.35%	0.25%
NEM	C	0.22%	0.13%	0.13%
NFLX	A	0.46%	0.64%	0.46%
NKE	D	0.07%	0.21%	0.07%
NOC	B	0.38%	0.17%	0.17%
NOW	B	0.31%	0.39%	0.31%
NSC	C	0.07%	0.12%	0.07%
NTAP	D	0.1%	0.05%	0.05%
NTRS	B	0.03%	0.04%	0.03%
NUE	D	0.08%	0.08%	0.08%
NVDA	B	1.64%	6.17%	1.64%
NVR	C	0.1%	0.06%	0.06%
O	C	0.06%	0.11%	0.06%
ODFL	F	0.02%	0.08%	0.02%
OKE	A	0.09%	0.12%	0.09%
OMC	C	0.06%	0.04%	0.04%
ORCL	A	1.38%	0.56%	0.56%
ORLY	A	0.19%	0.14%	0.14%
OTIS	A	0.08%	0.09%	0.08%
PANW	B	0.22%	0.23%	0.22%
PAYX	B	0.04%	0.09%	0.04%
PEG	A	0.06%	0.1%	0.06%
PEP	F	0.77%	0.48%	0.48%
PFE	D	0.64%	0.34%	0.34%
PFG	A	0.01%	0.04%	0.01%
PG	D	1.04%	0.83%	0.83%
PGR	B	0.6%	0.31%	0.31%
PH	A	0.13%	0.17%	0.13%
PHM	C	0.11%	0.06%	0.06%
PKG	B	0.07%	0.04%	0.04%
PLTR	A	0.14%	0.16%	0.14%
PM	D	0.83%	0.39%	0.39%
PNC	C	0.11%	0.15%	0.11%
PPG	D	0.05%	0.06%	0.05%
PPL	C	0.04%	0.05%	0.04%
PRU	B	0.23%	0.09%	0.09%
PSA	C	0.1%	0.11%	0.1%
PSX	D	0.23%	0.12%	0.12%
PWR	A	0.11%	0.09%	0.09%
PYPL	A	0.11%	0.17%	0.11%
QCOM	D	0.8%	0.39%	0.39%
RCL	B	0.08%	0.08%	0.08%
REGN	D	0.49%	0.22%	0.22%
RF	B	0.01%	0.04%	0.01%
RKT	D	0.01%	0.0%	0.0%
RMD	C	0.17%	0.07%	0.07%
ROL	C	0.07%	0.03%	0.03%
ROP	D	0.06%	0.12%	0.06%
RPRX	D	0.03%	0.02%	0.02%
RSG	D	0.13%	0.09%	0.09%
RTX	A	0.23%	0.35%	0.23%
SBAC	C	0.03%	0.05%	0.03%
SBUX	B	0.09%	0.23%	0.09%
SCCO	B	0.0%	0.02%	0.0%
SCHW	D	0.04%	0.2%	0.04%
SHW	C	0.22%	0.18%	0.18%
SLB	D	0.01%	0.13%	0.01%
SMCI	F	0.14%	0.04%	0.04%
SO	A	0.13%	0.2%	0.13%
SPG	A	0.16%	0.11%	0.11%
SPGI	C	0.27%	0.33%	0.27%
SQ	D	0.05%	0.08%	0.05%
SRE	C	0.08%	0.11%	0.08%
SSNC	C	0.02%	0.03%	0.02%
STE	D	0.08%	0.05%	0.05%
STZ	D	0.06%	0.08%	0.06%
SYF	A	0.24%	0.04%	0.04%
SYY	D	0.13%	0.08%	0.08%
T	B	0.74%	0.33%	0.33%
TDG	A	0.17%	0.15%	0.15%
TER	C	0.04%	0.04%	0.04%
TFC	D	0.08%	0.12%	0.08%
TGT	C	0.77%	0.15%	0.15%
TJX	D	0.38%	0.28%	0.28%
TMO	D	0.33%	0.48%	0.33%
TMUS	A	0.38%	0.21%	0.21%
TROW	D	0.08%	0.05%	0.05%
TRV	B	0.2%	0.11%	0.11%
TSCO	A	0.12%	0.07%	0.07%
TSN	D	0.16%	0.03%	0.03%
TTWO	D	0.06%	0.05%	0.05%
TXN	C	0.3%	0.38%	0.3%
UAL	A	0.01%	0.04%	0.01%
UBER	C	0.23%	0.31%	0.23%
ULTA	D	0.04%	0.04%	0.04%
UNH	B	0.79%	1.14%	0.79%
UNP	F	0.54%	0.3%	0.3%
UPS	D	0.25%	0.2%	0.2%
URI	C	0.09%	0.11%	0.09%
USB	C	0.1%	0.14%	0.1%
V	B	0.28%	0.92%	0.28%
VLO	F	0.16%	0.1%	0.1%
VRSK	D	0.17%	0.08%	0.08%
VRSN	C	0.04%	0.03%	0.03%
VRTX	D	0.22%	0.24%	0.22%
VTR	C	0.04%	0.05%	0.04%
VZ	C	1.11%	0.39%	0.39%
WAB	A	0.05%	0.07%	0.05%
WAT	B	0.05%	0.04%	0.04%
WDC	C	0.08%	0.04%	0.04%
WELL	C	0.11%	0.16%	0.11%
WFC	B	0.73%	0.41%	0.41%
WM	B	0.26%	0.18%	0.18%
WMB	A	0.08%	0.13%	0.08%
WMT	A	1.68%	0.74%	0.74%
WRB	C	0.02%	0.04%	0.02%
WST	D	0.04%	0.05%	0.04%
WTW	C	0.1%	0.06%	0.06%
XOM	A	0.42%	1.17%	0.42%
XYL	C	0.12%	0.07%	0.07%
YUM	C	0.12%	0.08%	0.08%
ZBRA	B	0.02%	0.04%	0.02%
ZTS	C	0.06%	0.18%	0.06%

MFUS Overweight 485 Positions Relative to GSUS

Symbol	Grade	Weight
THC	D	0.29%
ANF	D	0.24%
LII	C	0.22%
VST	A	0.21%
WSM	C	0.21%
WSO	C	0.2%
SFM	A	0.2%
LRCX	D	0.19%
UTHR	C	0.18%
BLK	A	0.17%
DVA	C	0.17%
DECK	B	0.15%
HWM	A	0.15%
CASY	D	0.15%
MUSA	D	0.15%
BAH	C	0.15%
CHRW	C	0.14%
VTRS	D	0.13%
JNPR	C	0.13%
RPM	A	0.12%
EVR	C	0.11%
WBA	F	0.11%
BRO	A	0.11%
AOS	C	0.1%
CW	A	0.1%
CRS	B	0.1%
AVY	D	0.1%
JKHY	A	0.1%
GDDY	B	0.1%
AEO	C	0.09%
GPI	C	0.09%
DKS	D	0.09%
TRGP	A	0.09%
ALSN	A	0.09%
LSTR	F	0.09%
EHC	C	0.09%
TMHC	C	0.09%
JXN	A	0.09%
CACI	A	0.09%
BWXT	A	0.09%
LPX	C	0.08%
ATR	A	0.08%
EQH	B	0.08%
SLG	C	0.08%
TAP	D	0.08%
TYL	D	0.08%
AIZ	B	0.08%
IEX	D	0.08%
HRB	C	0.08%
AYI	A	0.08%
ITT	C	0.08%
GPK	D	0.08%
NSIT	B	0.07%
R	C	0.07%
TTC	F	0.07%
UFPI	C	0.07%
AN	D	0.07%
MTH	C	0.07%
HCC	C	0.07%
VNO	B	0.07%
BCC	C	0.07%
MLI	B	0.07%
WU	D	0.07%
GLPI	C	0.07%
WCC	D	0.07%
THO	C	0.07%
NRG	A	0.07%
POOL	D	0.07%
UHS	D	0.07%
CALM	A	0.07%
SEIC	B	0.07%
HLI	A	0.07%
ABG	D	0.07%
TXRH	A	0.06%
SEE	C	0.06%
BC	C	0.06%
CNX	A	0.06%
FFIV	B	0.06%
JLL	C	0.06%
AMG	B	0.06%
ERIE	A	0.06%
TPH	C	0.06%
BERY	C	0.06%
RGA	B	0.06%
PK	D	0.06%
CRI	D	0.06%
CPT	C	0.06%
MMS	C	0.06%
FCN	C	0.06%
CCK	C	0.06%
CHE	D	0.06%
SCI	D	0.06%
MSM	D	0.06%
INGR	B	0.06%
EXP	C	0.06%
TOL	C	0.06%
ARW	C	0.05%
MHO	C	0.05%
NDSN	C	0.05%
NFG	A	0.05%
CUBE	C	0.05%
URBN	F	0.05%
VLTO	A	0.05%
HBI	B	0.05%
GNRC	B	0.05%
SLGN	B	0.05%
USFD	C	0.05%
COOP	B	0.05%
G	A	0.05%
ATI	C	0.05%
SEB	F	0.05%
GNTX	D	0.05%
VIRT	B	0.05%
LPLA	D	0.05%
LUMN	C	0.05%
TEX	F	0.05%
WEN	B	0.05%
MTN	D	0.05%
ATGE	D	0.05%
ALLY	F	0.05%
CBT	B	0.05%
NXST	D	0.05%
BTU	B	0.05%
KTB	C	0.05%
FCNCA	D	0.05%
OGN	F	0.05%
APP	A	0.05%
LECO	D	0.05%
GAP	F	0.05%
SKYW	B	0.05%
LAMR	C	0.05%
TW	A	0.05%
POST	C	0.05%
SUI	D	0.05%
FIX	A	0.05%
CMC	D	0.05%
SLM	B	0.05%
LANC	F	0.04%
KBH	D	0.04%
TDS	C	0.04%
NYT	C	0.04%
DBRG	D	0.04%
UNM	A	0.04%
BHF	D	0.04%
AVT	B	0.04%
BLD	D	0.04%
MANH	A	0.04%
CVLT	B	0.04%
TRN	C	0.04%
BDC	A	0.04%
WTM	C	0.04%
JHG	A	0.04%
EXEL	B	0.04%
JWN	D	0.04%
NWSA	D	0.04%
ASO	D	0.04%
CLH	B	0.04%
CMA	C	0.04%
FDS	C	0.04%
COLD	D	0.04%
STLD	C	0.04%
SLVM	C	0.04%
NBIX	F	0.04%
PSTG	F	0.04%
SON	D	0.04%
PTC	B	0.04%
EME	B	0.04%
ELS	D	0.04%
HUBG	D	0.04%
MAC	B	0.04%
AMH	D	0.04%
UHAL	C	0.04%
GATX	F	0.04%
FLEX	B	0.04%
TKR	B	0.04%
FLO	D	0.04%
AROC	B	0.04%
TGNA	B	0.04%
FTI	B	0.04%
HEI	C	0.04%
CRBG	B	0.04%
SMG	C	0.04%
ABM	D	0.04%
CNO	B	0.04%
AGNC	B	0.04%
RS	D	0.04%
KD	D	0.04%
LOPE	D	0.04%
OLN	D	0.04%
RGLD	C	0.04%
FL	F	0.04%
EMN	C	0.04%
SRCL	B	0.04%
BLDR	C	0.04%
THG	A	0.04%
DCI	B	0.04%
AR	C	0.04%
GVA	A	0.04%
CRUS	D	0.04%
SJM	D	0.04%
IPG	D	0.04%
SIG	C	0.04%
MOG.A	C	0.04%
BKE	B	0.03%
APAM	B	0.03%
NEU	F	0.03%
MTG	A	0.03%
FHI	A	0.03%
PLXS	A	0.03%
KSS	D	0.03%
THS	D	0.03%
DRH	B	0.03%
LNC	B	0.03%
STC	D	0.03%
LW	D	0.03%
MSA	F	0.03%
LZB	D	0.03%
HXL	F	0.03%
RYN	C	0.03%
UNF	A	0.03%
WHR	C	0.03%
ADNT	F	0.03%
MRO	B	0.03%
COKE	C	0.03%
HOG	D	0.03%
XRAY	D	0.03%
JBL	C	0.03%
XPO	F	0.03%
DK	F	0.03%
BKU	D	0.03%
VC	F	0.03%
DDS	D	0.03%
MASI	B	0.03%
RLI	A	0.03%
OI	D	0.03%
GMS	B	0.03%
RL	B	0.03%
COHR	B	0.03%
APLE	B	0.03%
MATX	C	0.03%
BURL	C	0.03%
UDR	C	0.03%
WPC	C	0.03%
HOOD	B	0.03%
X	F	0.03%
PRG	C	0.03%
GNW	A	0.03%
BFAM	C	0.03%
MC	B	0.03%
HII	F	0.03%
WH	C	0.03%
GGG	C	0.03%
SM	D	0.03%
AWI	A	0.03%
MAN	D	0.03%
TFX	C	0.03%
OSK	F	0.03%
GBX	C	0.03%
AVA	D	0.03%
MORN	B	0.03%
HUBB	A	0.03%
MDU	C	0.03%
IVZ	A	0.03%
ACM	A	0.03%
BJ	B	0.03%
HSIC	D	0.03%
AMKR	F	0.03%
TPX	C	0.03%
SHOO	A	0.03%
RUSHA	D	0.03%
GEO	D	0.03%
PRIM	A	0.03%
SEM	D	0.03%
SANM	D	0.03%
KEX	C	0.02%
TDC	D	0.02%
GES	F	0.02%
BHE	C	0.02%
PHIN	D	0.02%
DAN	D	0.02%
CWEN	C	0.02%
AXTA	C	0.02%
LAD	C	0.02%
KIM	C	0.02%
FR	D	0.02%
DNOW	F	0.02%
EVRG	C	0.02%
WAL	C	0.02%
TTEK	A	0.02%
APG	F	0.02%
BEN	F	0.02%
CROX	C	0.02%
NWL	D	0.02%
VSCO	C	0.02%
HP	D	0.02%
VFC	A	0.02%
AES	C	0.02%
SATS	C	0.02%
CSL	A	0.02%
LXP	D	0.02%
JBLU	B	0.02%
ODP	F	0.02%
EWBC	B	0.02%
HNI	B	0.02%
SNDR	D	0.02%
APOG	B	0.02%
LEG	D	0.02%
VSH	F	0.02%
PNR	C	0.02%
BXP	B	0.02%
DORM	C	0.02%
ANDE	D	0.02%
RHI	D	0.02%
OSIS	C	0.02%
SAM	D	0.02%
OC	C	0.02%
M	D	0.02%
HST	D	0.02%
NAVI	D	0.02%
LNW	F	0.02%
GWRE	A	0.02%
VVV	D	0.02%
MCY	B	0.02%
YELP	D	0.02%
PMT	B	0.02%
CC	D	0.02%
EPC	F	0.02%
BRKR	D	0.02%
NSP	F	0.02%
AGCO	D	0.02%
NI	A	0.02%
VSTO	B	0.02%
NTCT	C	0.02%
RLJ	D	0.02%
GHC	A	0.02%
SXT	C	0.02%
MKTX	B	0.02%
DLB	D	0.02%
OHI	C	0.02%
KBR	A	0.02%
XHR	A	0.02%
CXW	F	0.02%
PBF	F	0.02%
PVH	D	0.02%
AIR	C	0.02%
SKX	B	0.02%
HAE	F	0.02%
SBH	B	0.02%
GMED	B	0.02%
CTLT	A	0.02%
KMPR	D	0.02%
PSN	A	0.02%
GEF	B	0.02%
PFSI	C	0.02%
WMS	D	0.02%
PINC	F	0.02%
RRC	D	0.02%
FAF	C	0.02%
PAG	D	0.02%
ACA	C	0.02%
LBRDK	C	0.02%
JEF	A	0.02%
ORA	C	0.02%
OMF	D	0.02%
PDCO	F	0.02%
WERN	D	0.02%
PNM	B	0.02%
CG	B	0.02%
HUN	B	0.01%
AAP	F	0.01%
KNX	D	0.01%
NOV	F	0.01%
SCL	D	0.01%
UHAL	C	0.01%
DINO	F	0.01%
PARA	F	0.01%
MLKN	F	0.01%
ARCH	D	0.01%
CACC	F	0.01%
KALU	D	0.01%
ACI	F	0.01%
ECPG	F	0.01%
ELAN	D	0.01%
QRVO	F	0.01%
GIII	C	0.01%
SSB	C	0.01%
UVV	D	0.01%
MKSI	F	0.01%
ARI	F	0.01%
HTH	F	0.01%
IGT	F	0.01%
WGO	D	0.01%
PB	D	0.01%
ARMK	C	0.01%
ESI	C	0.01%
CFR	B	0.01%
CNXN	C	0.01%
ALEX	D	0.01%
RDN	D	0.01%
FDP	C	0.01%
OUT	C	0.01%
IMKTA	F	0.01%
CNS	C	0.01%
WOR	F	0.01%
SVC	D	0.01%
PNW	C	0.01%
IDCC	A	0.01%
SR	D	0.01%
PPC	C	0.01%
UGI	C	0.01%
CLF	D	0.01%
TPR	B	0.01%
SPR	D	0.01%
SWX	C	0.01%
MOS	F	0.01%
SIGI	D	0.01%
WAFD	D	0.01%
SHO	B	0.01%
CENTA	F	0.01%
PECO	C	0.01%
FHN	D	0.01%
AMED	D	0.01%
JBGS	C	0.01%
FLR	B	0.01%
ESAB	C	0.01%
WMK	D	0.01%
SPB	C	0.01%
JELD	D	0.01%
CBSH	D	0.01%
WTFC	B	0.01%
CADE	B	0.01%
CNM	F	0.01%
ONB	D	0.01%
BRC	C	0.01%
XRX	D	0.01%
DTM	A	0.01%
DXC	C	0.01%
FELE	C	0.01%
STRA	F	0.01%
SAIC	A	0.01%
CSGS	B	0.01%
TTMI	D	0.01%
KN	B	0.01%
BBWI	F	0.01%
DY	C	0.01%
CPRI	C	0.01%
VNT	F	0.01%
CR	A	0.01%
LEA	F	0.01%
WBS	D	0.01%
CVI	D	0.01%
OMI	F	0.01%
SF	A	0.01%
LADR	D	0.01%
NNI	B	0.01%
WWD	C	0.01%
ZION	D	0.01%
AMWD	C	0.01%
GME	D	0.01%
GOLF	F	0.01%
MHK	C	0.01%
NNN	C	0.01%
RBC	C	0.01%
DEI	A	0.01%
SAH	D	0.01%
SNV	D	0.01%
IOSP	F	0.01%
TNET	D	0.01%
H	B	0.01%
REZI	D	0.01%
ADC	C	0.01%
PTEN	F	0.01%
ICUI	B	0.01%
MUR	F	0.01%
HE	F	0.01%
GT	F	0.01%
AA	B	0.01%
FYBR	C	0.01%
PSMT	A	0.01%
SCS	D	0.01%
ESNT	A	0.01%
BWA	C	0.01%
LAUR	C	0.01%
NOMD	D	0.0%
WOLF	F	0.0%

MFUS Underweight 118 Positions Relative to GSUS

Symbol	Grade	Weight
MSFT	D	-6.38%
GOOGL	B	-2.05%
GOOG	B	-1.85%
TSLA	C	-1.44%
CRM	B	-0.57%
AMD	C	-0.57%
LIN	C	-0.47%
ABT	C	-0.41%
DIS	D	-0.36%
INTU	F	-0.35%
ETN	B	-0.28%
HON	C	-0.28%
PLD	D	-0.24%
MDT	C	-0.24%
ADI	B	-0.24%
FI	A	-0.23%
SYK	C	-0.23%
DE	C	-0.21%
BA	F	-0.19%
MELI	D	-0.19%
TT	A	-0.18%
EQIX	C	-0.17%
SNPS	F	-0.16%
EOG	B	-0.16%
FCX	B	-0.15%
GEV	A	-0.15%
CDNS	D	-0.15%
CRWD	D	-0.14%
APD	C	-0.13%
MRVL	C	-0.13%
ABNB	D	-0.12%
FDX	F	-0.12%
PCAR	D	-0.11%
SPOT	C	-0.11%
APO	A	-0.11%
ROST	D	-0.1%
TTD	A	-0.1%
WDAY	D	-0.1%
ACGL	A	-0.09%
IQV	F	-0.09%
MCHP	F	-0.09%
PCG	C	-0.09%
KVUE	C	-0.09%
LNG	A	-0.09%
SNOW	F	-0.08%
COR	F	-0.08%
HES	D	-0.08%
OXY	D	-0.08%
AME	C	-0.08%
CTSH	B	-0.08%
EW	F	-0.08%
DAL	C	-0.07%
DDOG	B	-0.07%
VMC	D	-0.07%
VICI	C	-0.07%
XEL	C	-0.07%
DXCM	F	-0.06%
FTV	C	-0.06%
DVN	F	-0.06%
KEYS	B	-0.06%
TEAM	D	-0.06%
AWK	D	-0.06%
HAL	D	-0.06%
HUM	F	-0.06%
LULU	D	-0.06%
CSGP	F	-0.06%
WEC	B	-0.06%
VEEV	C	-0.06%
ROK	D	-0.06%
ON	F	-0.06%
ZBH	F	-0.05%
CBOE	B	-0.05%
ILMN	B	-0.05%
AEE	A	-0.05%
RJF	B	-0.05%
WY	C	-0.05%
NET	D	-0.05%
GPN	F	-0.05%
HUBS	D	-0.05%
STT	A	-0.05%
WBD	F	-0.04%
EG	A	-0.04%
ARE	D	-0.04%
ZM	B	-0.04%
DKNG	C	-0.04%
CTRA	D	-0.04%
LUV	B	-0.04%
MDB	D	-0.04%
GPC	D	-0.04%
APTV	D	-0.04%
EXPE	B	-0.04%
LVS	B	-0.04%
CNP	B	-0.04%
PINS	D	-0.04%
MRNA	F	-0.04%
TRU	C	-0.04%
EL	D	-0.04%
STX	C	-0.04%
RBLX	D	-0.04%
MKL	B	-0.04%
ARM	C	-0.03%
ENPH	F	-0.03%
SNA	C	-0.03%
GEN	A	-0.03%
TRMB	B	-0.03%
SWKS	F	-0.03%
DOC	C	-0.03%
ZS	F	-0.03%
AMCR	C	-0.03%
LYV	A	-0.03%
TXT	F	-0.03%
MGM	D	-0.02%
SNAP	D	-0.02%
OKTA	F	-0.02%
AGR	C	-0.01%
GFS	F	-0.01%
WMG	D	-0.01%
FOX	B	-0.01%