MFUS vs. JMEE ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to JPMorgan Market Expansion Enhanced Equity ETF (JMEE)

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

$49.61

Average Daily Volume

7,444

Number of Holdings ^*

780

* may have additional holdings in another (foreign) market

JMEE

JPMorgan Market Expansion Enhanced Equity ETF

JMEE Description

The investment seeks to provide investment results that correspond to or incrementally exceed the total return performance of the S&P 1000 Index that tracks the performance of the small- and mid-capitalization equity markets. Under normal circumstances, the fund will hold at least 80% of its assets in stocks in the index. The index is an index which includes stocks of small- and mid-capitalization companies. The fund may use futures contracts to gain or reduce exposure to its index, maintain liquidity and minimize transaction costs.

Grade (RS Rating)

Last Trade

$59.52

Average Daily Volume

104,305

Number of Holdings ^*

561

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	JMEE
30 Days	2.33%	1.64%
60 Days	2.78%	0.64%
90 Days	4.19%	5.18%
12 Months	26.86%	21.45%

272 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in JMEE	Overlap
AA	D	0.02%	0.09%	0.02%
AAP	F	0.01%	0.06%	0.01%
ABG	F	0.07%	0.14%	0.07%
ABM	D	0.04%	0.09%	0.04%
ACA	C	0.03%	0.13%	0.03%
ACM	B	0.04%	0.58%	0.04%
ADNT	F	0.02%	0.05%	0.02%
AEO	F	0.09%	0.09%	0.09%
AFG	B	0.01%	0.3%	0.01%
AGCO	D	0.02%	0.3%	0.02%
AIT	C	0.02%	0.21%	0.02%
ALLY	F	0.1%	0.25%	0.1%
AMED	D	0.01%	0.24%	0.01%
AMG	C	0.05%	0.38%	0.05%
AMH	B	0.04%	0.39%	0.04%
AN	D	0.08%	0.28%	0.08%
ANDE	D	0.02%	0.13%	0.02%
ANF	D	0.26%	0.25%	0.25%
APLE	D	0.04%	0.03%	0.03%
APOG	C	0.02%	0.04%	0.02%
AR	D	0.04%	0.09%	0.04%
ARCB	D	0.01%	0.15%	0.01%
ARCH	D	0.01%	0.04%	0.01%
ARW	C	0.07%	0.35%	0.07%
ASO	C	0.03%	0.1%	0.03%
ATGE	D	0.05%	0.11%	0.05%
ATI	D	0.05%	0.22%	0.05%
ATR	A	0.07%	0.23%	0.07%
AXTA	C	0.02%	0.09%	0.02%
AYI	B	0.07%	0.25%	0.07%
BC	D	0.06%	0.13%	0.06%
BCC	C	0.06%	0.24%	0.06%
BDC	B	0.04%	0.13%	0.04%
BERY	B	0.06%	0.41%	0.06%
BHF	F	0.03%	0.16%	0.03%
BJ	D	0.03%	0.3%	0.03%
BKE	B	0.02%	0.03%	0.02%
BKU	C	0.03%	0.14%	0.03%
BLD	D	0.03%	0.32%	0.03%
BRC	B	0.01%	0.34%	0.01%
BRKR	D	0.03%	0.19%	0.03%
BURL	B	0.03%	0.32%	0.03%
BWXT	D	0.08%	0.22%	0.08%
CACI	B	0.09%	0.64%	0.09%
CADE	C	0.01%	0.14%	0.01%
CALM	B	0.07%	0.08%	0.07%
CASY	C	0.15%	0.49%	0.15%
CBSH	B	0.01%	0.2%	0.01%
CBT	B	0.05%	0.31%	0.05%
CC	F	0.02%	0.11%	0.02%
CCK	A	0.07%	0.27%	0.07%
CENTA	D	0.01%	0.04%	0.01%
CG	D	0.02%	0.2%	0.02%
CHDN	B	0.02%	0.37%	0.02%
CHE	C	0.06%	0.28%	0.06%
CHRD	F	0.02%	0.26%	0.02%
CLH	B	0.04%	0.56%	0.04%
CMA	B	0.04%	0.14%	0.04%
CMC	D	0.07%	0.23%	0.07%
CNM	F	0.01%	0.14%	0.01%
CNO	B	0.04%	0.12%	0.04%
CNX	B	0.06%	0.07%	0.06%
COHR	C	0.02%	0.59%	0.02%
COKE	C	0.03%	0.18%	0.03%
COOP	B	0.04%	0.29%	0.04%
CPRI	D	0.01%	0.09%	0.01%
CR	C	0.01%	0.2%	0.01%
CRI	C	0.06%	0.03%	0.03%
CRS	B	0.1%	0.07%	0.07%
CSL	C	0.01%	0.63%	0.01%
CUBE	A	0.04%	0.47%	0.04%
CW	B	0.08%	0.05%	0.05%
DAN	F	0.01%	0.03%	0.01%
DCI	D	0.04%	0.44%	0.04%
DINO	F	0.03%	0.22%	0.03%
DKS	D	0.09%	0.39%	0.09%
DNOW	D	0.01%	0.12%	0.01%
DORM	B	0.02%	0.09%	0.02%
DRH	C	0.02%	0.05%	0.02%
DTM	B	0.01%	0.12%	0.01%
DY	C	0.01%	0.14%	0.01%
EHC	B	0.08%	0.58%	0.08%
ELS	B	0.04%	0.27%	0.04%
EME	A	0.03%	0.72%	0.03%
EPC	F	0.02%	0.06%	0.02%
EQH	C	0.07%	0.31%	0.07%
ERIE	B	0.09%	0.15%	0.09%
ESAB	C	0.01%	0.12%	0.01%
ESNT	B	0.01%	0.4%	0.01%
EVR	B	0.12%	0.15%	0.12%
EWBC	D	0.02%	0.51%	0.02%
EXEL	A	0.02%	0.68%	0.02%
EXP	A	0.05%	0.2%	0.05%
FAF	A	0.02%	0.16%	0.02%
FCN	C	0.07%	0.19%	0.07%
FELE	D	0.01%	0.34%	0.01%
FHI	B	0.04%	0.19%	0.04%
FHN	C	0.01%	0.38%	0.01%
FIX	B	0.05%	0.38%	0.05%
FL	D	0.05%	0.04%	0.04%
FLO	C	0.04%	0.16%	0.04%
FLS	D	0.02%	0.18%	0.02%
FND	C	0.03%	0.17%	0.03%
FNF	B	0.03%	0.34%	0.03%
FR	B	0.03%	0.44%	0.03%
FYBR	C	0.01%	0.22%	0.01%
G	B	0.05%	0.41%	0.05%
GAP	F	0.07%	0.14%	0.07%
GEF	D	0.02%	0.08%	0.02%
GEO	D	0.04%	0.03%	0.03%
GGG	C	0.04%	0.42%	0.04%
GHC	C	0.02%	0.02%	0.02%
GLPI	B	0.07%	0.28%	0.07%
GMED	D	0.02%	0.42%	0.02%
GMS	C	0.03%	0.18%	0.03%
GNTX	F	0.06%	0.11%	0.06%
GNW	B	0.04%	0.07%	0.04%
GPI	B	0.09%	0.15%	0.09%
GT	F	0.03%	0.04%	0.03%
H	D	0.01%	0.2%	0.01%
HAE	D	0.02%	0.24%	0.02%
HBI	B	0.03%	0.04%	0.03%
HCC	D	0.06%	0.13%	0.06%
HELE	D	0.01%	0.03%	0.01%
HOG	C	0.02%	0.13%	0.02%
HP	F	0.03%	0.06%	0.03%
HPP	F	0.01%	0.02%	0.01%
HRB	C	0.09%	0.28%	0.09%
HUBG	C	0.04%	0.08%	0.04%
HXL	F	0.04%	0.14%	0.04%
IBKR	B	0.05%	0.3%	0.05%
INGR	B	0.06%	0.43%	0.06%
IOSP	D	0.01%	0.07%	0.01%
ITT	C	0.08%	0.3%	0.08%
JAZZ	D	0.01%	0.26%	0.01%
JEF	B	0.03%	0.32%	0.03%
JHG	B	0.03%	0.19%	0.03%
JLL	B	0.05%	0.46%	0.05%
JXN	B	0.09%	0.14%	0.09%
KBH	B	0.04%	0.19%	0.04%
KBR	D	0.02%	0.24%	0.02%
KEX	C	0.01%	0.21%	0.01%
KMPR	D	0.02%	0.09%	0.02%
KNX	C	0.01%	0.3%	0.01%
KSS	F	0.06%	0.06%	0.06%
KTB	A	0.05%	0.07%	0.05%
LAD	C	0.01%	0.19%	0.01%
LAMR	A	0.05%	0.3%	0.05%
LECO	D	0.08%	0.22%	0.08%
LII	A	0.23%	0.46%	0.23%
LNW	B	0.02%	0.34%	0.02%
LOPE	D	0.05%	0.12%	0.05%
LPX	B	0.06%	0.23%	0.06%
LSTR	D	0.08%	0.17%	0.08%
LUMN	C	0.08%	0.07%	0.07%
LXP	B	0.02%	0.26%	0.02%
M	D	0.04%	0.11%	0.04%
MAC	B	0.04%	0.09%	0.04%
MAN	D	0.04%	0.19%	0.04%
MANH	A	0.03%	0.52%	0.03%
MASI	D	0.02%	0.32%	0.02%
MATX	C	0.02%	0.2%	0.02%
MDU	B	0.03%	0.16%	0.03%
MHO	B	0.05%	0.12%	0.05%
MKSI	F	0.01%	0.18%	0.01%
MLI	B	0.06%	0.48%	0.06%
MLKN	D	0.01%	0.06%	0.01%
MMS	D	0.06%	0.17%	0.06%
MORN	C	0.03%	0.15%	0.03%
MSM	D	0.06%	0.11%	0.06%
MTDR	F	0.01%	0.37%	0.01%
MTG	B	0.04%	0.37%	0.04%
MTH	B	0.08%	0.24%	0.08%
MTN	D	0.05%	0.14%	0.05%
MUR	F	0.05%	0.14%	0.05%
MUSA	B	0.17%	0.35%	0.17%
NBIX	D	0.04%	0.37%	0.04%
NOV	F	0.04%	0.19%	0.04%
NSP	F	0.02%	0.07%	0.02%
NVT	D	0.02%	0.53%	0.02%
NWL	C	0.02%	0.08%	0.02%
NYT	C	0.05%	0.26%	0.05%
OC	C	0.07%	0.48%	0.07%
ODP	F	0.02%	0.02%	0.02%
OI	D	0.03%	0.05%	0.03%
OLLI	C	0.01%	0.13%	0.01%
ONB	C	0.01%	0.21%	0.01%
OSK	D	0.07%	0.18%	0.07%
PAG	D	0.04%	0.15%	0.04%
PBF	F	0.06%	0.08%	0.06%
PHIN	C	0.01%	0.18%	0.01%
PK	F	0.06%	0.21%	0.06%
POST	C	0.05%	0.18%	0.05%
PR	D	0.04%	0.2%	0.04%
PSMT	B	0.01%	0.09%	0.01%
PSTG	D	0.03%	0.62%	0.03%
PTEN	F	0.01%	0.11%	0.01%
PVH	D	0.04%	0.18%	0.04%
R	B	0.06%	0.19%	0.06%
RBC	D	0.01%	0.23%	0.01%
REZI	D	0.02%	0.08%	0.02%
RGA	B	0.05%	0.56%	0.05%
RGLD	B	0.04%	0.07%	0.04%
RLI	B	0.03%	0.22%	0.03%
RPM	B	0.11%	0.33%	0.11%
RRC	D	0.04%	0.28%	0.04%
RS	D	0.08%	0.6%	0.08%
RUSHA	C	0.03%	0.06%	0.03%
RYN	C	0.02%	0.16%	0.02%
SAIA	D	0.04%	0.08%	0.04%
SAIC	B	0.01%	0.2%	0.01%
SCI	A	0.06%	0.3%	0.06%
SEIC	C	0.07%	0.23%	0.07%
SF	B	0.01%	0.21%	0.01%
SFM	B	0.19%	0.38%	0.19%
SHO	D	0.02%	0.06%	0.02%
SHOO	B	0.03%	0.14%	0.03%
SIG	C	0.04%	0.08%	0.04%
SKX	C	0.02%	0.35%	0.02%
SKYW	C	0.05%	0.09%	0.05%
SLG	B	0.07%	0.11%	0.07%
SLGN	B	0.04%	0.11%	0.04%
SLM	D	0.06%	0.25%	0.06%
SM	F	0.03%	0.32%	0.03%
SMG	C	0.04%	0.08%	0.04%
SNV	C	0.01%	0.23%	0.01%
SON	C	0.04%	0.32%	0.04%
SRCL	A	0.04%	0.04%	0.04%
SSD	C	0.03%	0.21%	0.03%
STRA	D	0.01%	0.06%	0.01%
SWN	D	0.01%	0.32%	0.01%
SWX	C	0.01%	0.03%	0.01%
SXT	D	0.02%	0.06%	0.02%
TDC	F	0.02%	0.09%	0.02%
TDS	B	0.03%	0.06%	0.03%
TEX	D	0.06%	0.11%	0.06%
THC	B	0.27%	0.73%	0.27%
THO	C	0.06%	0.14%	0.06%
TKR	D	0.05%	0.22%	0.05%
TMHC	B	0.08%	0.24%	0.08%
TOL	B	0.1%	0.53%	0.1%
TPH	C	0.05%	0.18%	0.05%
TPX	C	0.06%	0.22%	0.06%
TREX	F	0.01%	0.03%	0.01%
TTC	D	0.07%	0.14%	0.07%
TTEK	B	0.02%	0.37%	0.02%
TXRH	D	0.05%	0.45%	0.05%
UFPI	C	0.06%	0.46%	0.06%
UNM	B	0.1%	0.45%	0.1%
USFD	A	0.09%	0.35%	0.09%
UTHR	C	0.16%	1.01%	0.16%
VFC	C	0.02%	0.2%	0.02%
VIRT	B	0.05%	0.07%	0.05%
VNT	D	0.02%	0.09%	0.02%
VVV	D	0.03%	0.23%	0.03%
WAFD	B	0.01%	0.12%	0.01%
WBS	D	0.01%	0.35%	0.01%
WCC	D	0.08%	0.19%	0.08%
WGO	D	0.01%	0.04%	0.01%
WMS	D	0.02%	0.28%	0.02%
WOLF	F	0.0%	0.02%	0.0%
WPC	B	0.05%	0.07%	0.05%
WSM	C	0.21%	0.44%	0.21%
WSO	C	0.2%	0.45%	0.2%
WTFC	C	0.01%	0.22%	0.01%
WTS	C	0.03%	0.33%	0.03%
WU	F	0.08%	0.1%	0.08%
WWD	D	0.01%	0.08%	0.01%
X	D	0.06%	0.15%	0.06%
XHR	C	0.02%	0.08%	0.02%
XPO	D	0.03%	0.31%	0.03%
YELP	F	0.03%	0.07%	0.03%

MFUS Overweight 508 Positions Relative to JMEE

Symbol	Grade	Weight
LLY	C	2.48%
META	B	2.02%
BRK.A	C	2.01%
WMT	B	1.87%
NVDA	D	1.6%
WFC	F	1.4%
AVGO	C	1.34%
ABBV	B	1.34%
IBM	A	1.32%
AMZN	C	1.27%
T	A	1.23%
C	D	1.22%
COST	B	1.21%
GOOGL	D	1.17%
ORCL	B	1.13%
GE	A	1.09%
JNJ	B	1.03%
AMGN	B	1.03%
VZ	A	1.01%
XOM	D	0.99%
JPM	D	0.9%
PG	A	0.88%
MRK	D	0.87%
V	A	0.86%
CVS	D	0.8%
MA	A	0.79%
CVX	D	0.79%
GILD	B	0.78%
TGT	C	0.68%
AAPL	D	0.67%
MPC	F	0.64%
PEP	B	0.62%
QCOM	D	0.62%
KO	B	0.6%
PM	B	0.56%
GM	C	0.56%
VLO	F	0.54%
PSX	F	0.54%
PFE	C	0.53%
MO	C	0.52%
LMT	B	0.52%
MCK	F	0.51%
PGR	B	0.5%
UNP	B	0.48%
BKNG	B	0.47%
GS	D	0.45%
REGN	C	0.45%
NFLX	B	0.44%
AMAT	D	0.44%
AIG	D	0.42%
CSCO	C	0.42%
COF	D	0.42%
MMM	A	0.41%
CAT	C	0.41%
MCD	B	0.4%
BAC	D	0.39%
HD	B	0.39%
NOW	B	0.37%
ALL	A	0.36%
MET	B	0.36%
INTC	F	0.36%
CRM	D	0.35%
CAH	B	0.35%
TJX	B	0.34%
KR	B	0.34%
EBAY	A	0.34%
CL	C	0.33%
F	D	0.33%
TRV	A	0.32%
ADM	D	0.32%
TMUS	A	0.31%
AZO	C	0.3%
COP	F	0.3%
ICE	B	0.29%
SYF	D	0.29%
BMY	C	0.28%
BK	A	0.27%
DHR	B	0.27%
HPQ	D	0.27%
LRCX	F	0.27%
VST	C	0.26%
INTU	C	0.26%
PRU	C	0.25%
PANW	C	0.25%
BBY	B	0.24%
CHTR	D	0.24%
CMCSA	D	0.24%
NOC	B	0.23%
LOW	B	0.23%
WM	D	0.23%
BX	A	0.23%
KLAC	D	0.23%
MDLZ	B	0.22%
CMG	C	0.22%
TSN	C	0.22%
FICO	A	0.22%
SHW	A	0.21%
TXN	D	0.21%
UBER	C	0.21%
LYB	F	0.21%
DD	B	0.21%
VRTX	C	0.21%
GLW	C	0.2%
HPE	F	0.2%
CME	B	0.2%
VRSK	D	0.2%
UPS	D	0.19%
BSX	B	0.19%
AXP	B	0.19%
LHX	C	0.19%
MMC	A	0.19%
ACN	C	0.19%
CPRT	F	0.19%
AFL	B	0.19%
AON	B	0.19%
CTAS	B	0.18%
DVA	A	0.18%
DPZ	D	0.18%
ETN	C	0.18%
ORLY	B	0.18%
PHM	B	0.17%
DECK	C	0.17%
GD	B	0.17%
GWW	B	0.17%
IT	B	0.16%
BR	B	0.16%
CB	B	0.16%
KHC	C	0.16%
KMB	C	0.16%
SCHW	D	0.16%
BKR	D	0.16%
SPG	B	0.15%
MU	F	0.15%
EMR	D	0.15%
MSI	B	0.15%
CLX	B	0.15%
WDC	D	0.15%
TDG	B	0.15%
BAH	B	0.14%
WBA	F	0.14%
CI	B	0.14%
SMCI	F	0.14%
KKR	B	0.13%
RSG	B	0.13%
RMD	B	0.13%
PWR	C	0.13%
JNPR	B	0.13%
BRO	B	0.13%
TRGP	B	0.13%
PH	B	0.13%
DUK	B	0.13%
HCA	A	0.13%
VTRS	C	0.13%
EXC	A	0.12%
WELL	B	0.12%
IP	B	0.12%
CARR	A	0.12%
HWM	B	0.12%
STE	B	0.12%
ANET	C	0.12%
EOG	D	0.11%
AOS	D	0.11%
XYL	D	0.11%
USB	C	0.11%
CMI	C	0.11%
GIS	B	0.11%
MAR	D	0.11%
IRM	A	0.11%
K	A	0.1%
GPK	A	0.1%
PNC	B	0.1%
AVY	B	0.1%
YUM	B	0.1%
APH	D	0.1%
JKHY	A	0.1%
MRO	D	0.1%
APO	C	0.1%
FTI	D	0.1%
FAST	C	0.1%
ADSK	B	0.09%
ADP	A	0.09%
SLB	F	0.09%
IR	D	0.09%
EA	C	0.09%
CHRW	C	0.09%
BDX	D	0.09%
TFC	D	0.09%
DASH	C	0.09%
FCX	D	0.09%
CEG	C	0.09%
ARES	C	0.09%
AJG	A	0.09%
URI	C	0.09%
EFX	B	0.09%
UHS	B	0.09%
GDDY	D	0.09%
NEM	B	0.09%
NUE	D	0.08%
TROW	D	0.08%
MTD	D	0.08%
DFS	C	0.08%
OGN	C	0.08%
HLI	A	0.08%
MKC	B	0.08%
BIIB	F	0.08%
TYL	B	0.08%
FIS	A	0.08%
ALSN	B	0.08%
PCAR	D	0.08%
WMB	A	0.08%
AMP	B	0.08%
OKE	A	0.08%
ECL	A	0.08%
HLT	B	0.08%
RCL	B	0.08%
FOXA	C	0.08%
ITW	B	0.08%
LDOS	B	0.08%
KMI	B	0.08%
IEX	D	0.08%
LEN	B	0.08%
NTAP	D	0.08%
ELV	B	0.08%
L	C	0.08%
MPWR	C	0.08%
DLR	A	0.08%
HUBB	B	0.08%
CSX	D	0.08%
TAP	C	0.08%
PNR	A	0.08%
CHD	B	0.07%
JBL	D	0.07%
POOL	C	0.07%
CE	D	0.07%
TSCO	B	0.07%
OTIS	C	0.07%
NVR	B	0.07%
LPLA	F	0.07%
NRG	C	0.07%
SYY	C	0.07%
IPG	C	0.07%
EXPD	D	0.07%
ROST	C	0.07%
TTWO	D	0.07%
EXR	A	0.07%
AIZ	C	0.07%
MSCI	C	0.07%
BALL	C	0.07%
MNST	C	0.06%
KD	D	0.06%
VNO	A	0.06%
HIG	B	0.06%
SBUX	C	0.06%
EMN	A	0.06%
FTNT	B	0.06%
IDXX	C	0.06%
CPT	B	0.06%
MAS	B	0.06%
MLM	D	0.06%
OMC	B	0.06%
HSY	B	0.06%
NSIT	C	0.06%
INVH	B	0.06%
ROP	B	0.06%
SPGI	A	0.06%
SEE	D	0.06%
VMC	D	0.06%
CFG	C	0.06%
COIN	F	0.06%
NWSA	D	0.06%
KDP	B	0.06%
DGX	B	0.06%
CAG	B	0.05%
CCL	C	0.05%
WAT	C	0.05%
CRUS	D	0.05%
BWA	F	0.05%
WEN	C	0.05%
ROL	B	0.05%
LNC	D	0.05%
PKG	B	0.05%
WTW	B	0.05%
TW	A	0.05%
PTC	D	0.05%
NXST	D	0.05%
A	C	0.05%
FCNCA	D	0.05%
DELL	D	0.05%
SANM	D	0.05%
CPAY	C	0.05%
URBN	D	0.05%
FDS	C	0.05%
SUI	B	0.05%
DG	F	0.05%
FITB	B	0.05%
FLEX	D	0.05%
CDW	D	0.05%
PEG	A	0.05%
ANSS	D	0.05%
IVZ	C	0.05%
LW	D	0.04%
OLN	D	0.04%
WTM	D	0.04%
RL	B	0.04%
TGNA	C	0.04%
BLDR	C	0.04%
CRBG	D	0.04%
COLD	D	0.04%
GATX	C	0.04%
VC	F	0.04%
HAL	F	0.04%
BAX	C	0.04%
MOS	F	0.04%
XRAY	D	0.04%
HEI	A	0.04%
GVA	B	0.04%
ENTG	D	0.04%
PINS	F	0.04%
VRSN	D	0.04%
SEB	C	0.04%
AGNC	A	0.04%
FFIV	A	0.04%
MOG.A	B	0.04%
ADBE	D	0.04%
BTU	D	0.04%
THG	A	0.04%
ZTS	B	0.04%
STLD	F	0.04%
WHR	D	0.04%
FANG	F	0.04%
DOW	F	0.04%
NDSN	C	0.04%
WST	F	0.04%
NKE	D	0.04%
LANC	D	0.04%
STZ	C	0.04%
GNRC	D	0.04%
WAB	B	0.04%
PPG	C	0.04%
AVT	D	0.04%
NFG	A	0.04%
BEN	D	0.04%
ULTA	D	0.04%
AKAM	D	0.03%
NEU	C	0.03%
DRI	C	0.03%
OKTA	F	0.03%
TXT	D	0.03%
ZION	D	0.03%
HOOD	C	0.03%
HBAN	B	0.03%
PRG	B	0.03%
NAVI	C	0.03%
MC	B	0.03%
DK	F	0.03%
MOH	C	0.03%
SBAC	B	0.03%
SJM	C	0.03%
AWI	C	0.03%
PRIM	C	0.03%
GBX	C	0.03%
UDR	B	0.03%
MTB	B	0.03%
WH	B	0.03%
DBRG	D	0.03%
BFAM	B	0.03%
AMKR	D	0.03%
EQIX	B	0.03%
SBH	C	0.03%
MCO	B	0.03%
DLB	D	0.03%
RPRX	C	0.03%
TFX	B	0.03%
HSIC	D	0.03%
LEA	F	0.03%
TRN	C	0.03%
AVA	B	0.03%
PDCO	D	0.03%
MKL	C	0.03%
SEM	D	0.03%
SLVM	B	0.03%
DOX	C	0.03%
HOLX	B	0.03%
MSA	D	0.03%
CVLT	B	0.03%
VSH	F	0.03%
APP	B	0.03%
TER	D	0.03%
OMF	D	0.03%
AES	C	0.03%
APG	D	0.03%
UHAL	B	0.03%
IFF	B	0.03%
AROC	D	0.03%
CPNG	B	0.03%
PAYX	B	0.03%
PSA	A	0.03%
DDS	D	0.03%
JWN	C	0.03%
AVTR	B	0.03%
CTVA	B	0.03%
LEG	D	0.02%
ODFL	D	0.02%
PARA	F	0.02%
BXP	A	0.02%
HNI	C	0.02%
SNDR	B	0.02%
RHI	D	0.02%
OSIS	C	0.02%
HST	D	0.02%
BBWI	F	0.02%
SNAP	F	0.02%
GES	F	0.02%
XRX	F	0.02%
BMRN	F	0.02%
IGT	D	0.02%
SAM	F	0.02%
MCY	C	0.02%
GWRE	A	0.02%
LBRDK	D	0.02%
DOV	B	0.02%
GPC	D	0.02%
NTCT	D	0.02%
PMT	C	0.02%
DXC	C	0.02%
CINF	B	0.02%
VSTO	B	0.02%
PSN	B	0.02%
RLJ	F	0.02%
MKTX	C	0.02%
PFSI	B	0.02%
HII	D	0.02%
KEY	B	0.02%
AIR	C	0.02%
CTLT	B	0.02%
ORA	C	0.02%
CXW	D	0.02%
JBHT	D	0.02%
PLXS	B	0.02%
APAM	C	0.02%
ALGN	D	0.02%
PNM	B	0.02%
WERN	D	0.02%
PINC	C	0.02%
LZB	C	0.02%
WRB	C	0.02%
NTRS	B	0.02%
STC	B	0.02%
NDAQ	B	0.02%
UNF	B	0.02%
GEHC	C	0.02%
DLTR	F	0.02%
CTRA	F	0.02%
THS	C	0.02%
SCHL	D	0.01%
UHAL	B	0.01%
SCL	D	0.01%
LYFT	D	0.01%
CACC	F	0.01%
KALU	D	0.01%
UAL	C	0.01%
SCCO	D	0.01%
ACI	D	0.01%
ECPG	C	0.01%
TPR	C	0.01%
UVV	D	0.01%
ESI	D	0.01%
QRVO	F	0.01%
HUN	D	0.01%
ELAN	D	0.01%
WOR	F	0.01%
BECN	D	0.01%
JELD	D	0.01%
SYNA	F	0.01%
HRL	C	0.01%
SIGI	C	0.01%
PFG	C	0.01%
INCY	C	0.01%
JBGS	B	0.01%
FLR	D	0.01%
LVS	D	0.01%
SPB	B	0.01%
WMK	C	0.01%
KN	D	0.01%
PECO	B	0.01%
CBRL	F	0.01%
CSGS	C	0.01%
TTMI	D	0.01%
CPB	B	0.01%
CVI	F	0.01%
DEI	A	0.01%
AMWD	C	0.01%
LAUR	C	0.01%
OMI	D	0.01%
SAH	D	0.01%
NNI	B	0.01%
MHK	B	0.01%
LADR	B	0.01%
GOLF	D	0.01%
TNET	D	0.01%
CWEN	A	0.01%
BHE	C	0.01%
RJF	C	0.01%
SCS	C	0.01%
WAL	B	0.01%
SATS	B	0.01%
EVRG	A	0.01%
NOMD	B	0.0%

MFUS Underweight 289 Positions Relative to JMEE

Symbol	Grade	Weight
RUN	C	-0.54%
FN	D	-0.5%
PFGC	B	-0.5%
EGP	B	-0.48%
BRX	B	-0.47%
OGE	B	-0.43%
EPRT	A	-0.41%
WEX	C	-0.38%
IDA	B	-0.38%
RNR	B	-0.36%
WING	B	-0.35%
ADC	B	-0.35%
PNFP	B	-0.34%
ABCB	B	-0.34%
HQY	C	-0.33%
ARMK	B	-0.33%
PB	B	-0.33%
OVV	F	-0.31%
SRPT	F	-0.31%
DT	C	-0.31%
PTGX	B	-0.31%
PCH	C	-0.3%
BANR	B	-0.3%
GKOS	D	-0.29%
REXR	C	-0.29%
SNX	D	-0.28%
LNTH	C	-0.27%
NMIH	B	-0.27%
IRDM	D	-0.27%
WTRG	D	-0.27%
KLIC	D	-0.27%
CFR	C	-0.27%
FBP	D	-0.27%
ROIC	B	-0.26%
BRBR	C	-0.26%
MEDP	D	-0.26%
OPCH	C	-0.25%
ELF	F	-0.25%
CASH	B	-0.25%
OLED	C	-0.25%
RRX	C	-0.25%
SLAB	D	-0.25%
FUL	D	-0.24%
MXL	F	-0.24%
CPK	A	-0.24%
CROX	C	-0.24%
NNN	B	-0.23%
PLNT	B	-0.23%
VIR	F	-0.23%
VOYA	A	-0.22%
PEN	D	-0.22%
DUOL	C	-0.22%
SPSC	D	-0.22%
PLMR	B	-0.22%
ENSG	A	-0.22%
OHI	B	-0.21%
AVNT	B	-0.21%
UTL	B	-0.2%
UGI	B	-0.2%
ACHC	C	-0.2%
CHX	D	-0.2%
CIEN	C	-0.2%
OGS	A	-0.2%
NBHC	D	-0.19%
EXLS	B	-0.19%
LSCC	D	-0.19%
CIVI	F	-0.19%
HGV	D	-0.18%
SBRA	A	-0.18%
LBRT	D	-0.18%
MTZ	B	-0.18%
MAT	C	-0.18%
PIPR	B	-0.18%
ORI	B	-0.18%
CUZ	B	-0.18%
TKO	B	-0.18%
DAR	F	-0.17%
PCTY	D	-0.17%
CPF	B	-0.17%
HWC	D	-0.17%
OFG	C	-0.17%
KRG	B	-0.17%
AAON	A	-0.17%
FNB	D	-0.17%
CGNX	D	-0.16%
VBTX	B	-0.16%
STWD	B	-0.16%
RAMP	F	-0.16%
BCO	B	-0.16%
CTRE	A	-0.16%
GME	F	-0.15%
OII	D	-0.15%
HOPE	C	-0.15%
BANC	C	-0.15%
RDN	C	-0.15%
GRBK	B	-0.15%
ENVA	C	-0.15%
KRC	C	-0.15%
ASGN	D	-0.15%
CELH	F	-0.15%
RBA	B	-0.15%
ACIW	B	-0.14%
CLF	F	-0.14%
RMBS	F	-0.14%
ALV	F	-0.14%
ALK	C	-0.14%
KFY	B	-0.14%
HAFC	C	-0.14%
TNL	F	-0.14%
MMSI	A	-0.14%
FSS	D	-0.14%
HTH	C	-0.14%
IDCC	B	-0.13%
BCPC	C	-0.13%
ALG	D	-0.13%
BOOT	B	-0.13%
GXO	D	-0.13%
NWE	A	-0.13%
IRT	A	-0.13%
GBCI	C	-0.13%
MTRN	F	-0.12%
ITGR	B	-0.12%
AM	B	-0.12%
AVAV	D	-0.12%
QLYS	F	-0.12%
AEIS	D	-0.12%
IBP	C	-0.12%
ASH	D	-0.12%
SGH	F	-0.12%
SHAK	C	-0.11%
AZTA	D	-0.11%
AGO	C	-0.11%
BYD	C	-0.11%
SNEX	C	-0.11%
ACLS	F	-0.11%
UAA	C	-0.11%
ENS	D	-0.11%
MARA	F	-0.11%
GTLS	F	-0.11%
ICHR	F	-0.11%
FORM	F	-0.11%
ARWR	F	-0.1%
FLGT	D	-0.1%
CHEF	C	-0.1%
AAT	B	-0.1%
EVTC	D	-0.1%
FTDR	B	-0.1%
POWI	F	-0.1%
CRC	C	-0.1%
EPR	B	-0.1%
VAL	F	-0.1%
PATK	A	-0.1%
TRIP	F	-0.1%
VMI	D	-0.1%
WSFS	D	-0.09%
AWR	B	-0.09%
AX	D	-0.09%
PII	D	-0.09%
DV	F	-0.09%
HIW	A	-0.09%
IIPR	A	-0.09%
LRN	B	-0.09%
YETI	D	-0.09%
IAC	C	-0.09%
GFF	C	-0.09%
DFIN	B	-0.09%
CVCO	B	-0.09%
VRTS	D	-0.08%
JBT	D	-0.08%
FCPT	A	-0.08%
PENN	D	-0.08%
RGEN	F	-0.08%
RDNT	B	-0.08%
CSR	C	-0.08%
CRVL	B	-0.08%
SBSI	C	-0.08%
UCTT	F	-0.08%
NATL	D	-0.08%
SMPL	D	-0.08%
SMTC	C	-0.08%
FIVE	D	-0.08%
RH	C	-0.08%
VAC	F	-0.08%
MGPI	C	-0.07%
TBBK	B	-0.07%
CEIX	C	-0.07%
BRKL	C	-0.07%
CWK	B	-0.07%
ZD	D	-0.07%
QNST	C	-0.07%
DIOD	F	-0.07%
BSIG	C	-0.07%
CNK	B	-0.07%
CCS	B	-0.07%
CWT	A	-0.07%
EXPO	B	-0.06%
VSCO	C	-0.06%
ADUS	B	-0.06%
UMBF	B	-0.06%
AMR	F	-0.06%
SBCF	C	-0.06%
ROCK	D	-0.06%
KAR	D	-0.06%
CVBF	C	-0.06%
CARG	B	-0.06%
MTX	F	-0.06%
REX	D	-0.06%
AHH	B	-0.06%
MYRG	F	-0.06%
WFRD	D	-0.06%
PLAY	F	-0.06%
HWKN	C	-0.06%
SITM	C	-0.06%
TRMK	C	-0.05%
VVI	D	-0.05%
PPC	D	-0.05%
UCBI	B	-0.05%
WWW	B	-0.05%
RCM	C	-0.05%
RNST	D	-0.05%
SR	A	-0.05%
GOGO	F	-0.05%
PRDO	D	-0.05%
CAL	F	-0.05%
OMCL	C	-0.05%
PRGS	B	-0.05%
CNMD	D	-0.05%
AZZ	D	-0.05%
KNF	B	-0.05%
TCBI	B	-0.04%
SXI	D	-0.04%
BLMN	F	-0.04%
IART	F	-0.04%
HMN	C	-0.04%
DEA	B	-0.04%
PLAB	D	-0.04%
CAR	F	-0.04%
GTY	A	-0.04%
CUBI	F	-0.04%
SUPN	D	-0.04%
VGR	C	-0.03%
FDP	B	-0.03%
DGII	D	-0.03%
EEFT	F	-0.03%
AMN	F	-0.03%
JBSS	F	-0.03%
VTOL	D	-0.03%
LPG	F	-0.03%
COHU	D	-0.03%
PBH	B	-0.03%
EFC	A	-0.03%
PFBC	C	-0.03%
FWRD	C	-0.03%
STAG	B	-0.03%
AVNS	B	-0.03%
WD	B	-0.03%
NGVT	F	-0.03%
GDEN	D	-0.03%
MODG	F	-0.03%
TILE	B	-0.03%
DCOM	B	-0.03%
MYE	F	-0.02%
PUMP	F	-0.02%
DLX	D	-0.02%
SXC	F	-0.02%
HAIN	D	-0.02%
DXPE	C	-0.02%
CFFN	D	-0.02%
GPRE	F	-0.02%
NVRI	D	-0.02%
COLM	B	-0.02%
ASIX	C	-0.02%
BJRI	D	-0.02%
HFWA	C	-0.02%
BDN	B	-0.02%
CNXC	D	-0.02%
WNC	F	-0.02%
NX	D	-0.02%
KLG	C	-0.02%
KREF	B	-0.02%
CHCT	F	-0.02%
HSTM	C	-0.02%
EXPI	C	-0.02%
VECO	F	-0.01%
HTZ	F	-0.01%
TALO	F	-0.01%
ZEUS	F	-0.01%
BFS	B	-0.01%
VREX	F	-0.01%