MFUS vs. GVLU ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to Gotham 1000 Value ETF (GVLU)

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

$50.22

Average Daily Volume

7,364

Number of Holdings ^*

780

* may have additional holdings in another (foreign) market

GVLU

Gotham 1000 Value ETF

GVLU Description

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by generally investing in equity securities of 400-600 mid- to large-capitalization companies chosen from a universe of the largest 1,400 companies listed on U.S. stock exchanges measured by market capitalization.

Grade (RS Rating)

Last Trade

$24.62

Average Daily Volume

27,623

Number of Holdings ^*

476

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	GVLU
30 Days	3.10%	3.12%
60 Days	4.82%	4.24%
90 Days	5.74%	6.68%
12 Months	28.93%	23.89%

316 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in GVLU	Overlap
AA	D	0.02%	0.04%	0.02%
ABG	D	0.07%	0.0%	0.0%
ABM	D	0.04%	0.33%	0.04%
ACI	F	0.01%	0.39%	0.01%
ACM	B	0.04%	0.13%	0.04%
ACN	C	0.19%	0.02%	0.02%
ADM	D	0.32%	0.2%	0.2%
AEO	F	0.09%	0.04%	0.04%
AFG	B	0.01%	0.17%	0.01%
AFL	C	0.19%	0.25%	0.19%
AGCO	D	0.02%	0.08%	0.02%
AIT	A	0.02%	0.15%	0.02%
AIZ	B	0.07%	0.52%	0.07%
ALL	B	0.36%	0.51%	0.36%
ALSN	B	0.08%	0.34%	0.08%
AN	D	0.08%	0.11%	0.08%
ANF	D	0.26%	0.35%	0.26%
AON	B	0.19%	0.08%	0.08%
AOS	D	0.11%	0.0%	0.0%
ARCH	F	0.01%	0.03%	0.01%
ARW	C	0.07%	0.44%	0.07%
ASO	C	0.03%	0.33%	0.03%
ATGE	C	0.05%	0.12%	0.05%
ATI	C	0.05%	0.19%	0.05%
AVT	C	0.04%	0.36%	0.04%
AVTR	B	0.03%	0.01%	0.01%
AVY	C	0.1%	0.08%	0.08%
AXTA	B	0.02%	0.32%	0.02%
AYI	B	0.07%	0.25%	0.07%
BALL	C	0.07%	0.47%	0.07%
BAX	C	0.04%	0.2%	0.04%
BBY	C	0.24%	0.31%	0.24%
BC	C	0.06%	0.04%	0.04%
BDC	B	0.04%	0.15%	0.04%
BDX	D	0.09%	0.15%	0.09%
BERY	B	0.06%	0.17%	0.06%
BHF	F	0.03%	0.04%	0.03%
BIIB	F	0.08%	0.16%	0.08%
BJ	D	0.03%	0.17%	0.03%
BKNG	C	0.47%	0.06%	0.06%
BKR	C	0.16%	0.35%	0.16%
BLD	D	0.03%	0.08%	0.03%
BLDR	C	0.04%	0.0%	0.0%
BMY	C	0.28%	0.12%	0.12%
BR	D	0.16%	0.09%	0.09%
BRC	C	0.01%	0.19%	0.01%
BWA	D	0.05%	0.34%	0.05%
CACC	F	0.01%	0.04%	0.01%
CACI	B	0.09%	0.02%	0.02%
CAG	C	0.05%	0.51%	0.05%
CAH	C	0.35%	0.16%	0.16%
CALM	A	0.07%	0.21%	0.07%
CAT	B	0.41%	0.3%	0.3%
CB	B	0.16%	0.33%	0.16%
CBT	B	0.05%	0.39%	0.05%
CCK	A	0.07%	0.41%	0.07%
CE	F	0.07%	0.11%	0.07%
CHTR	D	0.24%	0.15%	0.15%
CI	C	0.14%	0.37%	0.14%
CL	D	0.33%	0.09%	0.09%
CLX	C	0.15%	0.11%	0.11%
CMC	D	0.07%	0.2%	0.07%
CMCSA	D	0.24%	0.36%	0.24%
CME	C	0.2%	0.35%	0.2%
CMI	C	0.11%	0.4%	0.11%
CNM	F	0.01%	0.2%	0.01%
CNO	B	0.04%	0.15%	0.04%
COKE	C	0.03%	0.1%	0.03%
COP	D	0.3%	0.35%	0.3%
CPAY	B	0.05%	0.07%	0.05%
CPB	C	0.01%	0.04%	0.01%
CPRI	D	0.01%	0.26%	0.01%
CRI	D	0.06%	0.31%	0.06%
CRUS	D	0.05%	0.28%	0.05%
CSCO	C	0.42%	0.02%	0.02%
CSL	B	0.01%	0.38%	0.01%
CSX	D	0.08%	0.17%	0.08%
CTRA	D	0.02%	0.19%	0.02%
CVS	D	0.8%	0.28%	0.28%
CVX	D	0.79%	0.18%	0.18%
CW	B	0.08%	0.08%	0.08%
DCI	C	0.04%	0.26%	0.04%
DDS	F	0.03%	0.08%	0.03%
DGX	B	0.06%	0.01%	0.01%
DINO	F	0.03%	0.43%	0.03%
DKS	D	0.09%	0.02%	0.02%
DORM	B	0.02%	0.35%	0.02%
DOV	B	0.02%	0.12%	0.02%
DOX	C	0.03%	0.36%	0.03%
DPZ	F	0.18%	0.04%	0.04%
DRI	B	0.03%	0.13%	0.03%
DVA	B	0.18%	0.11%	0.11%
DXC	C	0.02%	0.32%	0.02%
EBAY	B	0.34%	0.16%	0.16%
ELAN	D	0.01%	0.05%	0.01%
ELV	C	0.08%	0.29%	0.08%
EME	B	0.03%	0.22%	0.03%
EMN	B	0.06%	0.02%	0.02%
EOG	D	0.11%	0.39%	0.11%
EQH	C	0.07%	0.21%	0.07%
ESAB	C	0.01%	0.14%	0.01%
EWBC	D	0.02%	0.08%	0.02%
EXEL	C	0.02%	0.01%	0.01%
FANG	D	0.04%	0.34%	0.04%
FDS	C	0.05%	0.13%	0.05%
FELE	C	0.01%	0.18%	0.01%
FFIV	B	0.04%	0.16%	0.04%
FITB	B	0.05%	0.0%	0.0%
FLO	C	0.04%	0.27%	0.04%
FLR	D	0.01%	0.02%	0.01%
FOXA	B	0.08%	0.36%	0.08%
FTI	D	0.1%	0.47%	0.1%
GAP	F	0.07%	0.34%	0.07%
GEHC	C	0.02%	0.04%	0.02%
GILD	B	0.78%	0.39%	0.39%
GIS	B	0.11%	0.23%	0.11%
GM	C	0.56%	0.2%	0.2%
GMS	D	0.03%	0.22%	0.03%
GNRC	D	0.04%	0.04%	0.04%
GNTX	F	0.06%	0.22%	0.06%
GOLF	D	0.01%	0.3%	0.01%
GPI	B	0.09%	0.13%	0.09%
GPK	B	0.1%	0.43%	0.1%
GWW	B	0.17%	0.06%	0.06%
H	C	0.01%	0.02%	0.01%
HAL	F	0.04%	0.11%	0.04%
HBAN	B	0.03%	0.03%	0.03%
HIG	B	0.06%	0.31%	0.06%
HOG	C	0.02%	0.23%	0.02%
HOLX	B	0.03%	0.03%	0.03%
HP	F	0.03%	0.4%	0.03%
HPE	D	0.2%	0.1%	0.1%
HPQ	D	0.27%	0.29%	0.27%
HRL	C	0.01%	0.22%	0.01%
HSIC	C	0.03%	0.29%	0.03%
HSY	C	0.06%	0.03%	0.03%
HUBG	C	0.04%	0.16%	0.04%
IEX	D	0.08%	0.05%	0.05%
IFF	B	0.03%	0.27%	0.03%
IGT	D	0.02%	0.12%	0.02%
INCY	C	0.01%	0.36%	0.01%
INGR	B	0.06%	0.57%	0.06%
IOSP	D	0.01%	0.06%	0.01%
IP	B	0.12%	0.38%	0.12%
IPG	C	0.07%	0.32%	0.07%
IR	C	0.09%	0.0%	0.0%
ITT	B	0.08%	0.04%	0.04%
ITW	C	0.08%	0.05%	0.05%
JAZZ	D	0.01%	0.38%	0.01%
JBHT	D	0.02%	0.05%	0.02%
JBL	D	0.07%	0.17%	0.07%
JKHY	B	0.1%	0.04%	0.04%
JNJ	C	1.03%	0.2%	0.2%
JNPR	B	0.13%	0.07%	0.07%
JWN	C	0.03%	0.25%	0.03%
K	B	0.1%	0.6%	0.1%
KBR	D	0.02%	0.03%	0.02%
KDP	B	0.06%	0.15%	0.06%
KHC	C	0.16%	0.38%	0.16%
KLAC	D	0.23%	0.0%	0.0%
KMB	D	0.16%	0.33%	0.16%
KO	C	0.6%	0.04%	0.04%
KR	C	0.34%	0.43%	0.34%
KTB	B	0.05%	0.38%	0.05%
L	C	0.08%	0.32%	0.08%
LAD	D	0.01%	0.19%	0.01%
LANC	D	0.04%	0.16%	0.04%
LDOS	B	0.08%	0.37%	0.08%
LEA	F	0.03%	0.09%	0.03%
LECO	F	0.08%	0.23%	0.08%
LMT	C	0.52%	0.16%	0.16%
LNC	D	0.05%	0.16%	0.05%
LOPE	D	0.05%	0.16%	0.05%
LOW	B	0.23%	0.17%	0.17%
LPX	B	0.06%	0.11%	0.06%
LVS	D	0.01%	0.04%	0.01%
LYB	D	0.21%	0.17%	0.17%
M	F	0.04%	0.02%	0.02%
MAN	C	0.04%	0.12%	0.04%
MAR	C	0.11%	0.11%	0.11%
MASI	F	0.02%	0.07%	0.02%
MATX	B	0.02%	0.02%	0.02%
MCD	B	0.4%	0.03%	0.03%
MCK	F	0.51%	0.15%	0.15%
MCY	D	0.02%	0.18%	0.02%
MDLZ	B	0.22%	0.18%	0.18%
MDU	C	0.03%	0.06%	0.03%
MHK	C	0.01%	0.37%	0.01%
MKC	C	0.08%	0.07%	0.07%
MKL	C	0.03%	0.51%	0.03%
MKTX	C	0.02%	0.02%	0.02%
MMC	C	0.19%	0.05%	0.05%
MMM	B	0.41%	0.44%	0.41%
MMS	C	0.06%	0.39%	0.06%
MNST	D	0.06%	0.01%	0.01%
MO	C	0.52%	0.44%	0.44%
MOH	D	0.03%	0.44%	0.03%
MOS	F	0.04%	0.01%	0.01%
MPC	F	0.64%	0.18%	0.18%
MRK	D	0.87%	0.17%	0.17%
MRO	C	0.1%	0.42%	0.1%
MSA	D	0.03%	0.15%	0.03%
MSM	D	0.06%	0.38%	0.06%
MTG	B	0.04%	0.0%	0.0%
MTN	D	0.05%	0.41%	0.05%
MUR	F	0.05%	0.27%	0.05%
NEU	D	0.03%	0.24%	0.03%
NFG	B	0.04%	0.29%	0.04%
NFLX	B	0.44%	0.04%	0.04%
NKE	D	0.04%	0.32%	0.04%
NOC	B	0.23%	0.04%	0.04%
NOV	F	0.04%	0.02%	0.02%
NRG	C	0.07%	0.44%	0.07%
NSIT	D	0.06%	0.46%	0.06%
NSP	F	0.02%	0.2%	0.02%
NTAP	D	0.08%	0.01%	0.01%
NVT	D	0.02%	0.09%	0.02%
NWL	C	0.02%	0.22%	0.02%
NXST	D	0.05%	0.1%	0.05%
OC	D	0.07%	0.1%	0.07%
OGN	D	0.08%	0.34%	0.08%
OMC	B	0.06%	0.26%	0.06%
ONB	C	0.01%	0.05%	0.01%
OTIS	C	0.07%	0.02%	0.02%
PAG	D	0.04%	0.03%	0.03%
PEP	C	0.62%	0.05%	0.05%
PGR	B	0.5%	0.5%	0.5%
PH	B	0.13%	0.01%	0.01%
PLXS	A	0.02%	0.41%	0.02%
PM	C	0.56%	0.07%	0.07%
PNC	B	0.1%	0.02%	0.02%
PNR	B	0.08%	0.1%	0.08%
POST	C	0.05%	0.33%	0.05%
PPG	D	0.04%	0.05%	0.04%
PRIM	B	0.03%	0.25%	0.03%
PRU	C	0.25%	0.17%	0.17%
PSX	F	0.54%	0.17%	0.17%
PVH	F	0.04%	0.3%	0.04%
QCOM	D	0.62%	0.25%	0.25%
QRVO	F	0.01%	0.31%	0.01%
RBC	C	0.01%	0.05%	0.01%
RGA	C	0.05%	0.32%	0.05%
RGLD	C	0.04%	0.31%	0.04%
RL	C	0.04%	0.36%	0.04%
RMD	C	0.13%	0.19%	0.13%
RPM	B	0.11%	0.31%	0.11%
SAIC	C	0.01%	0.05%	0.01%
SAM	F	0.02%	0.16%	0.02%
SANM	D	0.05%	0.16%	0.05%
SBAC	C	0.03%	0.09%	0.03%
SEE	D	0.06%	0.35%	0.06%
SEM	D	0.03%	0.18%	0.03%
SHOO	B	0.03%	0.06%	0.03%
SHW	B	0.21%	0.02%	0.02%
SIG	C	0.04%	0.15%	0.04%
SKX	D	0.02%	0.48%	0.02%
SKYW	C	0.05%	0.35%	0.05%
SLB	F	0.09%	0.19%	0.09%
SLVM	B	0.03%	0.35%	0.03%
SM	F	0.03%	0.19%	0.03%
SMG	C	0.04%	0.35%	0.04%
SNV	C	0.01%	0.0%	0.0%
SON	C	0.04%	0.41%	0.04%
SPB	C	0.01%	0.01%	0.01%
SSD	D	0.03%	0.1%	0.03%
STE	C	0.12%	0.12%	0.12%
SWX	C	0.01%	0.3%	0.01%
SXT	C	0.02%	0.13%	0.02%
SYY	D	0.07%	0.27%	0.07%
T	C	1.23%	0.47%	0.47%
TAP	D	0.08%	0.43%	0.08%
TDC	F	0.02%	0.03%	0.02%
TEX	F	0.06%	0.21%	0.06%
TFC	C	0.09%	0.01%	0.01%
TGNA	D	0.04%	0.28%	0.04%
TGT	C	0.68%	0.32%	0.32%
THC	A	0.27%	0.43%	0.27%
THG	B	0.04%	0.4%	0.04%
TKR	D	0.05%	0.27%	0.05%
TMUS	C	0.31%	0.33%	0.31%
TNET	F	0.01%	0.19%	0.01%
TPR	C	0.01%	0.41%	0.01%
TPX	C	0.06%	0.08%	0.06%
TRV	C	0.32%	0.35%	0.32%
TSN	C	0.22%	0.02%	0.02%
TTC	D	0.07%	0.3%	0.07%
TTEK	C	0.02%	0.02%	0.02%
UFPI	C	0.06%	0.02%	0.02%
UHS	B	0.09%	0.24%	0.09%
ULTA	D	0.04%	0.12%	0.04%
UNF	C	0.02%	0.04%	0.02%
UNM	B	0.1%	0.34%	0.1%
URBN	F	0.05%	0.3%	0.05%
URI	B	0.09%	0.12%	0.09%
USFD	B	0.09%	0.22%	0.09%
UTHR	C	0.16%	0.35%	0.16%
V	C	0.86%	0.11%	0.11%
VC	F	0.04%	0.03%	0.03%
VFC	C	0.02%	0.31%	0.02%
VLO	F	0.54%	0.41%	0.41%
VNT	F	0.02%	0.04%	0.02%
VRSN	D	0.04%	0.18%	0.04%
VTRS	D	0.13%	0.17%	0.13%
VVV	D	0.03%	0.02%	0.02%
VZ	B	1.01%	0.47%	0.47%
WCC	D	0.08%	0.32%	0.08%
WEN	C	0.05%	0.07%	0.05%
WH	B	0.03%	0.12%	0.03%
WOR	D	0.01%	0.06%	0.01%
WRB	C	0.02%	0.31%	0.02%
WSM	D	0.21%	0.15%	0.15%
WTFC	B	0.01%	0.01%	0.01%
WU	F	0.08%	0.38%	0.08%
XRAY	D	0.04%	0.23%	0.04%
YUM	D	0.1%	0.02%	0.02%
ZION	D	0.03%	0.01%	0.01%

MFUS Overweight 464 Positions Relative to GVLU

Symbol	Grade	Weight
LLY	C	2.48%
META	B	2.02%
BRK.A	C	2.01%
WMT	C	1.87%
NVDA	D	1.6%
WFC	D	1.4%
AVGO	C	1.34%
ABBV	C	1.34%
IBM	B	1.32%
AMZN	C	1.27%
C	C	1.22%
COST	B	1.21%
GOOGL	D	1.17%
ORCL	C	1.13%
GE	B	1.09%
AMGN	B	1.03%
XOM	C	0.99%
JPM	D	0.9%
PG	C	0.88%
MA	B	0.79%
AAPL	C	0.67%
PFE	C	0.53%
UNP	C	0.48%
GS	C	0.45%
REGN	C	0.45%
AMAT	D	0.44%
AIG	D	0.42%
COF	B	0.42%
BAC	D	0.39%
HD	B	0.39%
NOW	B	0.37%
MET	B	0.36%
INTC	F	0.36%
CRM	D	0.35%
TJX	B	0.34%
F	F	0.33%
AZO	D	0.3%
ICE	C	0.29%
SYF	C	0.29%
BK	B	0.27%
DHR	B	0.27%
LRCX	F	0.27%
VST	C	0.26%
INTU	C	0.26%
PANW	D	0.25%
LII	B	0.23%
WM	D	0.23%
BX	B	0.23%
CMG	C	0.22%
FICO	B	0.22%
TXN	C	0.21%
UBER	C	0.21%
DD	B	0.21%
VRTX	D	0.21%
GLW	C	0.2%
WSO	C	0.2%
VRSK	D	0.2%
UPS	D	0.19%
BSX	B	0.19%
AXP	B	0.19%
LHX	C	0.19%
CPRT	D	0.19%
SFM	B	0.19%
CTAS	B	0.18%
ETN	C	0.18%
ORLY	C	0.18%
PHM	B	0.17%
DECK	C	0.17%
MUSA	D	0.17%
GD	B	0.17%
IT	B	0.16%
SCHW	D	0.16%
SPG	B	0.15%
MU	F	0.15%
EMR	D	0.15%
CASY	D	0.15%
MSI	B	0.15%
WDC	D	0.15%
TDG	B	0.15%
BAH	C	0.14%
WBA	F	0.14%
SMCI	F	0.14%
KKR	B	0.13%
RSG	D	0.13%
PWR	B	0.13%
BRO	C	0.13%
TRGP	B	0.13%
DUK	C	0.13%
HCA	B	0.13%
EXC	C	0.12%
EVR	A	0.12%
WELL	C	0.12%
CARR	B	0.12%
HWM	B	0.12%
ANET	B	0.12%
XYL	C	0.11%
USB	B	0.11%
IRM	C	0.11%
TOL	B	0.1%
APH	D	0.1%
APO	C	0.1%
ALLY	F	0.1%
FAST	C	0.1%
CRS	B	0.1%
ERIE	B	0.09%
ADSK	C	0.09%
ADP	B	0.09%
JXN	A	0.09%
EA	D	0.09%
CHRW	B	0.09%
DASH	C	0.09%
FCX	D	0.09%
HRB	C	0.09%
CEG	C	0.09%
ARES	B	0.09%
AJG	D	0.09%
EFX	B	0.09%
GDDY	C	0.09%
NEM	B	0.09%
NUE	F	0.08%
TROW	D	0.08%
MTD	D	0.08%
DFS	B	0.08%
HLI	B	0.08%
TYL	C	0.08%
FIS	B	0.08%
MTH	A	0.08%
PCAR	D	0.08%
WMB	B	0.08%
AMP	A	0.08%
OKE	B	0.08%
ECL	B	0.08%
HLT	B	0.08%
RCL	B	0.08%
EHC	C	0.08%
RS	D	0.08%
LUMN	C	0.08%
BWXT	D	0.08%
TMHC	A	0.08%
KMI	B	0.08%
LEN	B	0.08%
MPWR	C	0.08%
DLR	B	0.08%
HUBB	B	0.08%
LSTR	D	0.08%
CHD	D	0.07%
POOL	C	0.07%
SLG	B	0.07%
TSCO	C	0.07%
OSK	F	0.07%
FCN	D	0.07%
SEIC	C	0.07%
NVR	B	0.07%
LPLA	D	0.07%
ATR	B	0.07%
GLPI	C	0.07%
EXPD	C	0.07%
ROST	C	0.07%
TTWO	C	0.07%
EXR	B	0.07%
MSCI	C	0.07%
PK	D	0.06%
KD	D	0.06%
R	A	0.06%
VNO	B	0.06%
SBUX	C	0.06%
HCC	F	0.06%
KSS	F	0.06%
FTNT	C	0.06%
IDXX	C	0.06%
CPT	B	0.06%
CHE	C	0.06%
MAS	B	0.06%
BCC	B	0.06%
MLM	D	0.06%
X	F	0.06%
SLM	D	0.06%
INVH	C	0.06%
SCI	B	0.06%
ROP	C	0.06%
SPGI	B	0.06%
VMC	D	0.06%
CFG	C	0.06%
PBF	F	0.06%
COIN	F	0.06%
MLI	A	0.06%
THO	D	0.06%
CNX	B	0.06%
NWSA	D	0.06%
AMG	C	0.05%
CCL	C	0.05%
WAT	C	0.05%
ROL	C	0.05%
PKG	B	0.05%
LAMR	B	0.05%
WTW	C	0.05%
VIRT	C	0.05%
TW	B	0.05%
TXRH	C	0.05%
NYT	C	0.05%
PTC	D	0.05%
A	C	0.05%
FCNCA	D	0.05%
DELL	D	0.05%
IBKR	B	0.05%
FL	D	0.05%
WPC	C	0.05%
FIX	B	0.05%
G	C	0.05%
SUI	B	0.05%
DG	F	0.05%
FLEX	C	0.05%
JLL	B	0.05%
CDW	D	0.05%
PEG	B	0.05%
EXP	B	0.05%
MHO	B	0.05%
ANSS	D	0.05%
IVZ	B	0.05%
TPH	C	0.05%
CMA	B	0.04%
APLE	D	0.04%
GEO	F	0.04%
LW	D	0.04%
SAIA	D	0.04%
OLN	D	0.04%
WTM	D	0.04%
FHI	A	0.04%
CRBG	D	0.04%
COLD	D	0.04%
GATX	D	0.04%
AR	F	0.04%
PR	F	0.04%
AMH	C	0.04%
HEI	B	0.04%
GVA	B	0.04%
RRC	D	0.04%
NBIX	F	0.04%
ENTG	F	0.04%
GNW	B	0.04%
PINS	F	0.04%
ELS	C	0.04%
SEB	D	0.04%
AGNC	B	0.04%
MOG.A	B	0.04%
ADBE	F	0.04%
BTU	D	0.04%
HXL	F	0.04%
GGG	C	0.04%
ZTS	C	0.04%
STLD	F	0.04%
SRCL	A	0.04%
KBH	A	0.04%
WHR	D	0.04%
DOW	D	0.04%
NDSN	C	0.04%
WST	D	0.04%
STZ	D	0.04%
WAB	B	0.04%
COOP	C	0.04%
CLH	A	0.04%
CUBE	B	0.04%
SLGN	B	0.04%
BEN	F	0.04%
MAC	B	0.04%
AKAM	D	0.03%
OKTA	F	0.03%
TXT	D	0.03%
FNF	B	0.03%
HOOD	C	0.03%
FR	B	0.03%
PRG	B	0.03%
NAVI	C	0.03%
MC	B	0.03%
RLI	B	0.03%
DK	F	0.03%
BKU	C	0.03%
BRKR	D	0.03%
BURL	B	0.03%
SJM	C	0.03%
AWI	B	0.03%
YELP	F	0.03%
GBX	C	0.03%
UDR	C	0.03%
MTB	B	0.03%
DBRG	D	0.03%
BFAM	C	0.03%
RUSHA	C	0.03%
AMKR	F	0.03%
MORN	C	0.03%
EQIX	C	0.03%
WTS	C	0.03%
SBH	B	0.03%
MCO	B	0.03%
DLB	D	0.03%
RPRX	C	0.03%
TFX	C	0.03%
HBI	B	0.03%
TRN	D	0.03%
AVA	C	0.03%
PDCO	F	0.03%
GT	F	0.03%
MANH	B	0.03%
TDS	C	0.03%
ACA	B	0.03%
JEF	B	0.03%
FND	C	0.03%
XPO	D	0.03%
CVLT	B	0.03%
VSH	F	0.03%
APP	C	0.03%
TER	D	0.03%
JHG	B	0.03%
OMF	D	0.03%
AES	C	0.03%
APG	D	0.03%
UHAL	A	0.03%
PSTG	F	0.03%
AROC	D	0.03%
CPNG	B	0.03%
PAYX	C	0.03%
PSA	B	0.03%
OI	D	0.03%
CTVA	B	0.03%
LEG	D	0.02%
ODFL	D	0.02%
PARA	F	0.02%
APOG	B	0.02%
BXP	B	0.02%
HNI	C	0.02%
LXP	B	0.02%
SNDR	B	0.02%
ODP	F	0.02%
ANDE	D	0.02%
RHI	D	0.02%
CHDN	C	0.02%
OSIS	D	0.02%
HST	C	0.02%
BBWI	F	0.02%
SNAP	F	0.02%
GES	F	0.02%
XRX	D	0.02%
BMRN	F	0.02%
CC	F	0.02%
GWRE	A	0.02%
LBRDK	F	0.02%
XHR	B	0.02%
GPC	D	0.02%
NTCT	C	0.02%
PMT	C	0.02%
GHC	B	0.02%
EPC	F	0.02%
REZI	D	0.02%
CINF	B	0.02%
VSTO	C	0.02%
PSN	B	0.02%
WMS	D	0.02%
FLS	D	0.02%
RLJ	D	0.02%
PFSI	C	0.02%
CG	D	0.02%
GEF	D	0.02%
HAE	F	0.02%
HII	D	0.02%
GMED	D	0.02%
KEY	B	0.02%
AIR	C	0.02%
KMPR	D	0.02%
CTLT	B	0.02%
LNW	B	0.02%
ORA	C	0.02%
COHR	C	0.02%
CXW	F	0.02%
APAM	C	0.02%
CHRD	F	0.02%
ALGN	D	0.02%
PNM	B	0.02%
FAF	B	0.02%
WERN	D	0.02%
DRH	C	0.02%
PINC	C	0.02%
LZB	C	0.02%
NTRS	A	0.02%
SHO	C	0.02%
STC	B	0.02%
BKE	B	0.02%
NDAQ	A	0.02%
ADNT	F	0.02%
RYN	C	0.02%
DLTR	F	0.02%
THS	C	0.02%
AAP	F	0.01%
KNX	C	0.01%
SCHL	D	0.01%
UHAL	A	0.01%
SCL	D	0.01%
LYFT	D	0.01%
KALU	F	0.01%
UAL	C	0.01%
SCCO	D	0.01%
SWN	D	0.01%
ECPG	D	0.01%
MKSI	F	0.01%
WGO	D	0.01%
UVV	D	0.01%
ESI	D	0.01%
HELE	D	0.01%
HPP	D	0.01%
HUN	D	0.01%
MTDR	F	0.01%
MLKN	D	0.01%
BECN	D	0.01%
JELD	D	0.01%
SYNA	F	0.01%
SIGI	D	0.01%
PFG	B	0.01%
ARCB	D	0.01%
CENTA	F	0.01%
JBGS	C	0.01%
AMED	C	0.01%
FHN	D	0.01%
DTM	B	0.01%
WAFD	C	0.01%
WMK	C	0.01%
DY	B	0.01%
CADE	C	0.01%
KN	D	0.01%
PECO	B	0.01%
CR	C	0.01%
CBSH	C	0.01%
CBRL	D	0.01%
CSGS	C	0.01%
STRA	F	0.01%
SF	A	0.01%
TTMI	D	0.01%
CVI	F	0.01%
DEI	B	0.01%
AMWD	D	0.01%
WBS	D	0.01%
TREX	D	0.01%
WWD	D	0.01%
LAUR	C	0.01%
OMI	D	0.01%
SAH	D	0.01%
NNI	B	0.01%
LADR	B	0.01%
KEX	C	0.01%
PSMT	B	0.01%
CWEN	C	0.01%
BHE	D	0.01%
DAN	F	0.01%
OLLI	C	0.01%
PTEN	F	0.01%
RJF	C	0.01%
ESNT	B	0.01%
FYBR	C	0.01%
PHIN	B	0.01%
SCS	D	0.01%
DNOW	D	0.01%
WAL	B	0.01%
SATS	C	0.01%
EVRG	B	0.01%
NOMD	B	0.0%
WOLF	F	0.0%

MFUS Underweight 160 Positions Relative to GVLU

Symbol	Grade	Weight
RNR	C	-0.58%
ACGL	C	-0.55%
CNC	D	-0.52%
EG	C	-0.51%
GL	C	-0.5%
LNTH	D	-0.5%
AGO	C	-0.5%
HUM	F	-0.49%
PPC	D	-0.48%
ARMK	B	-0.47%
ESGR	D	-0.46%
SMPL	D	-0.46%
DAL	C	-0.42%
REYN	C	-0.42%
PRMW	B	-0.41%
WHD	C	-0.41%
IDCC	B	-0.41%
COLM	C	-0.41%
SWK	B	-0.41%
BCO	B	-0.4%
TKO	B	-0.39%
LEVI	C	-0.39%
LNG	C	-0.37%
MIDD	D	-0.36%
EEFT	D	-0.36%
PYPL	B	-0.36%
CROX	D	-0.36%
SNA	C	-0.36%
ALKS	C	-0.36%
DVN	F	-0.36%
GFF	D	-0.36%
CNA	C	-0.36%
SNX	D	-0.35%
ASH	D	-0.35%
ADTN	D	-0.35%
FTDR	B	-0.34%
SOLV	C	-0.33%
GPN	D	-0.33%
RRX	C	-0.33%
ZM	C	-0.32%
BG	D	-0.31%
GFS	F	-0.31%
VMI	D	-0.31%
APTV	D	-0.3%
LRN	B	-0.3%
DAR	F	-0.3%
J	C	-0.3%
CEIX	D	-0.29%
CHX	F	-0.28%
MTCH	C	-0.28%
ACLS	F	-0.28%
CNK	C	-0.28%
OTEX	D	-0.27%
LCII	C	-0.26%
KNSL	C	-0.25%
BYD	C	-0.25%
SWKS	D	-0.24%
GTES	C	-0.24%
MWA	B	-0.24%
TEL	D	-0.24%
AMCR	B	-0.24%
WEX	C	-0.23%
FMC	C	-0.23%
DIS	D	-0.23%
FUL	C	-0.23%
ASGN	D	-0.23%
DBX	D	-0.22%
FDX	C	-0.21%
MTZ	B	-0.21%
UA	D	-0.21%
PBH	B	-0.2%
UNH	C	-0.2%
AXS	B	-0.2%
KWR	D	-0.2%
NVST	D	-0.2%
AVNT	B	-0.19%
KFY	B	-0.18%
AAL	D	-0.18%
SSNC	B	-0.18%
TDY	B	-0.18%
UI	B	-0.18%
GRMN	D	-0.17%
CBOE	C	-0.17%
ALE	B	-0.17%
FN	D	-0.16%
LULU	D	-0.16%
OVV	F	-0.16%
LBRT	D	-0.16%
WMG	D	-0.16%
QGEN	C	-0.16%
WSC	D	-0.15%
PAYC	D	-0.15%
JCI	B	-0.14%
MDT	C	-0.13%
ENS	D	-0.12%
USM	C	-0.12%
KVUE	C	-0.12%
ACIW	B	-0.12%
LKQ	F	-0.12%
RYAN	D	-0.12%
AZEK	C	-0.11%
EXPE	C	-0.11%
ACT	B	-0.11%
ICFI	B	-0.11%
HAYW	C	-0.11%
OXY	F	-0.11%
IBOC	D	-0.1%
CZR	C	-0.1%
AM	C	-0.1%
IRDM	D	-0.1%
KNF	B	-0.1%
HAFN	D	-0.09%
FOUR	C	-0.09%
CIEN	C	-0.09%
WFG	B	-0.09%
FG	D	-0.09%
PRI	B	-0.08%
WFRD	F	-0.08%
ATKR	F	-0.08%
ALLE	B	-0.07%
OZK	D	-0.07%
QLYS	F	-0.07%
VRRM	D	-0.07%
EL	F	-0.06%
HALO	C	-0.06%
RBA	B	-0.06%
HAS	B	-0.06%
CHK	D	-0.05%
MSGS	B	-0.05%
IPGP	F	-0.05%
BIO	C	-0.05%
MTX	D	-0.04%
BRBR	C	-0.04%
ETSY	F	-0.04%
HON	D	-0.04%
NPO	D	-0.03%
GPOR	D	-0.03%
WDFC	C	-0.03%
FIZZ	D	-0.03%
CFR	C	-0.03%
LFUS	C	-0.03%
VLTO	C	-0.02%
CLF	F	-0.02%
ICUI	B	-0.02%
WYNN	D	-0.02%
COLB	B	-0.02%
JJSF	C	-0.01%
IBP	D	-0.01%
RF	B	-0.01%
IFS	C	-0.01%
FIVE	D	-0.01%
CATY	C	-0.01%
ITRI	C	-0.01%
VRT	C	-0.01%
DOOO	F	-0.01%
FULT	D	-0.0%
VLY	C	-0.0%
BOOT	A	-0.0%
CSWI	B	-0.0%
IESC	C	-0.0%