MFUS vs. LGH ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to HCM Defender 500 Index ETF (LGH)

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

$51.89

Average Daily Volume

5,619

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

LGH

HCM Defender 500 Index ETF

LGH Description

The investment seeks to provide investment results that correspond, before fees and expenses, generally to the performance of the HCM Defender 500 Index (the HCM 500 index). The fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 500 index. The HCM 500 index seeks to outperform the Solactive US Large Cap Index using a proprietary methodology.

Grade (RS Rating)

Last Trade

$53.26

Average Daily Volume

21,924

Number of Holdings ^*

452

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	LGH
30 Days	2.73%	4.06%
60 Days	3.41%	5.93%
90 Days	5.38%	7.78%
12 Months	32.49%	37.26%

342 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in LGH	Overlap
A	D	0.05%	0.06%	0.05%
AAPL	C	0.97%	6.76%	0.97%
ABBV	D	1.35%	0.45%	0.45%
ACN	C	0.24%	0.35%	0.24%
ADBE	C	0.04%	0.33%	0.04%
ADM	D	0.23%	0.04%	0.04%
ADP	B	0.11%	0.18%	0.11%
ADSK	A	0.09%	0.09%	0.09%
AEP	D	0.08%	0.07%	0.07%
AFL	B	0.22%	0.09%	0.09%
AIG	B	0.34%	0.08%	0.08%
AJG	B	0.16%	0.1%	0.1%
AKAM	D	0.02%	0.02%	0.02%
ALGN	D	0.01%	0.02%	0.01%
ALL	A	0.26%	0.08%	0.08%
ALNY	D	0.06%	0.04%	0.04%
AMAT	F	0.5%	0.2%	0.2%
AMGN	D	0.92%	0.22%	0.22%
AMP	A	0.18%	0.08%	0.08%
AMT	D	0.14%	0.14%	0.14%
AMZN	C	1.65%	3.64%	1.65%
ANET	C	0.14%	0.14%	0.14%
ANSS	B	0.05%	0.04%	0.04%
AON	A	0.25%	0.11%	0.11%
APH	A	0.12%	0.12%	0.12%
ARES	A	0.09%	0.03%	0.03%
ATO	A	0.02%	0.03%	0.02%
AVB	B	0.03%	0.05%	0.03%
AVGO	D	1.54%	1.37%	1.37%
AVTR	F	0.03%	0.02%	0.02%
AVY	D	0.09%	0.02%	0.02%
AXP	A	0.23%	0.24%	0.23%
AZO	C	0.28%	0.07%	0.07%
BAC	A	0.45%	0.48%	0.45%
BAH	F	0.14%	0.02%	0.02%
BALL	D	0.07%	0.03%	0.03%
BAX	D	0.04%	0.03%	0.03%
BBY	D	0.2%	0.03%	0.03%
BDX	F	0.11%	0.1%	0.1%
BIIB	F	0.06%	0.03%	0.03%
BK	A	0.18%	0.09%	0.09%
BKNG	A	0.42%	0.26%	0.26%
BKR	B	0.08%	0.06%	0.06%
BLK	C	0.18%	0.21%	0.18%
BMRN	D	0.01%	0.02%	0.01%
BMY	B	0.41%	0.18%	0.18%
BR	A	0.17%	0.04%	0.04%
BRK.A	B	2.44%	1.2%	1.2%
BRO	B	0.12%	0.03%	0.03%
BSX	B	0.21%	0.19%	0.19%
BX	A	0.13%	0.2%	0.13%
C	A	0.7%	0.19%	0.19%
CAG	D	0.04%	0.02%	0.02%
CAH	B	0.27%	0.04%	0.04%
CARR	D	0.05%	0.09%	0.05%
CAT	B	0.2%	0.28%	0.2%
CB	C	0.16%	0.17%	0.16%
CBRE	B	0.05%	0.06%	0.05%
CCI	D	0.07%	0.06%	0.06%
CDW	F	0.03%	0.04%	0.03%
CEG	D	0.11%	0.12%	0.11%
CFG	B	0.04%	0.03%	0.03%
CHD	B	0.07%	0.04%	0.04%
CHTR	C	0.3%	0.05%	0.05%
CI	F	0.13%	0.14%	0.13%
CINF	A	0.02%	0.03%	0.02%
CL	D	0.36%	0.12%	0.12%
CLX	B	0.13%	0.03%	0.03%
CMCSA	B	0.16%	0.26%	0.16%
CME	A	0.14%	0.11%	0.11%
CMG	B	0.2%	0.1%	0.1%
CMI	A	0.14%	0.07%	0.07%
CMS	C	0.03%	0.03%	0.03%
CNC	D	0.04%	0.05%	0.04%
COF	B	0.29%	0.1%	0.1%
COIN	C	0.11%	0.09%	0.09%
COP	C	0.07%	0.19%	0.07%
COR	B	0.17%	0.06%	0.06%
COST	B	1.36%	0.63%	0.63%
CPAY	A	0.03%	0.03%	0.03%
CPRT	A	0.08%	0.07%	0.07%
CSCO	B	0.68%	0.34%	0.34%
CSL	C	0.02%	0.04%	0.02%
CSX	B	0.11%	0.1%	0.1%
CTAS	B	0.19%	0.11%	0.11%
CTVA	C	0.04%	0.07%	0.04%
CVS	D	0.67%	0.11%	0.11%
CVX	A	0.39%	0.41%	0.39%
D	C	0.07%	0.07%	0.07%
DASH	A	0.11%	0.07%	0.07%
DD	D	0.1%	0.05%	0.05%
DECK	A	0.17%	0.03%	0.03%
DELL	C	0.03%	0.05%	0.03%
DFS	B	0.1%	0.06%	0.06%
DG	F	0.08%	0.02%	0.02%
DGX	A	0.09%	0.03%	0.03%
DHI	D	0.06%	0.07%	0.06%
DHR	F	0.24%	0.23%	0.23%
DLR	B	0.09%	0.08%	0.08%
DLTR	F	0.02%	0.02%	0.02%
DOV	A	0.04%	0.04%	0.04%
DOW	F	0.02%	0.05%	0.02%
DPZ	C	0.13%	0.02%	0.02%
DRI	B	0.03%	0.03%	0.03%
DTE	C	0.02%	0.04%	0.02%
DUK	C	0.13%	0.13%	0.13%
EA	A	0.19%	0.06%	0.06%
EBAY	D	0.36%	0.04%	0.04%
ECL	D	0.08%	0.09%	0.08%
ED	D	0.06%	0.05%	0.05%
EFX	F	0.1%	0.05%	0.05%
EIX	B	0.05%	0.05%	0.05%
ELV	F	0.15%	0.14%	0.14%
EMR	A	0.09%	0.1%	0.09%
EQR	B	0.04%	0.04%	0.04%
ES	D	0.03%	0.03%	0.03%
ESS	B	0.04%	0.03%	0.03%
ETR	B	0.05%	0.04%	0.04%
EVRG	A	0.02%	0.02%	0.02%
EXC	C	0.07%	0.06%	0.06%
EXPD	D	0.11%	0.02%	0.02%
EXR	D	0.11%	0.05%	0.05%
F	C	0.15%	0.06%	0.06%
FANG	D	0.05%	0.04%	0.04%
FAST	B	0.13%	0.07%	0.07%
FDS	B	0.04%	0.02%	0.02%
FE	C	0.03%	0.03%	0.03%
FI	A	0.19%	0.19%	0.19%
FICO	B	0.25%	0.07%	0.07%
FIS	C	0.07%	0.07%	0.07%
FITB	A	0.04%	0.05%	0.04%
FTNT	C	0.07%	0.09%	0.07%
GD	F	0.23%	0.09%	0.09%
GDDY	A	0.12%	0.05%	0.05%
GE	D	0.56%	0.28%	0.28%
GEHC	F	0.07%	0.04%	0.04%
GEN	B	0.1%	0.02%	0.02%
GILD	C	0.84%	0.17%	0.17%
GIS	D	0.17%	0.06%	0.06%
GLW	B	0.2%	0.05%	0.05%
GM	B	0.38%	0.12%	0.12%
GS	A	0.4%	0.29%	0.29%
GWW	B	0.22%	0.06%	0.06%
HBAN	A	0.03%	0.04%	0.03%
HCA	F	0.24%	0.1%	0.1%
HD	A	0.62%	0.6%	0.6%
HIG	B	0.06%	0.06%	0.06%
HLT	A	0.1%	0.09%	0.09%
HOLX	D	0.03%	0.02%	0.02%
HPE	B	0.11%	0.04%	0.04%
HPQ	B	0.29%	0.05%	0.05%
HSY	F	0.05%	0.04%	0.04%
HUBB	B	0.03%	0.03%	0.03%
HWM	A	0.18%	0.07%	0.07%
IBM	C	1.09%	0.3%	0.3%
ICE	C	0.29%	0.12%	0.12%
IDXX	F	0.05%	0.05%	0.05%
IEX	B	0.09%	0.02%	0.02%
IFF	D	0.03%	0.04%	0.03%
INTC	D	0.19%	0.15%	0.15%
INVH	D	0.04%	0.03%	0.03%
IP	B	0.09%	0.03%	0.03%
IR	B	0.09%	0.05%	0.05%
IRM	D	0.12%	0.04%	0.04%
ISRG	A	0.29%	0.28%	0.28%
IT	C	0.14%	0.05%	0.05%
ITW	B	0.1%	0.12%	0.1%
JBHT	C	0.02%	0.02%	0.02%
JBL	B	0.03%	0.02%	0.02%
JCI	C	0.07%	0.08%	0.07%
JKHY	D	0.1%	0.02%	0.02%
JNJ	D	1.2%	0.65%	0.65%
JPM	A	0.99%	1.34%	0.99%
K	A	0.15%	0.03%	0.03%
KDP	D	0.07%	0.04%	0.04%
KEY	B	0.03%	0.02%	0.02%
KHC	F	0.14%	0.03%	0.03%
KIM	A	0.02%	0.02%	0.02%
KKR	A	0.15%	0.14%	0.14%
KLAC	D	0.22%	0.12%	0.12%
KMB	D	0.17%	0.06%	0.06%
KMI	A	0.11%	0.09%	0.09%
KO	D	1.01%	0.36%	0.36%
KR	B	0.37%	0.07%	0.07%
LDOS	C	0.11%	0.03%	0.03%
LEN	D	0.06%	0.06%	0.06%
LHX	C	0.26%	0.07%	0.07%
LLY	F	2.3%	1.21%	1.21%
LMT	D	0.75%	0.2%	0.2%
LNT	A	0.02%	0.03%	0.02%
LOW	D	0.35%	0.23%	0.23%
LPLA	A	0.07%	0.03%	0.03%
LRCX	F	0.16%	0.13%	0.13%
LYB	F	0.15%	0.03%	0.03%
MA	C	0.28%	0.74%	0.28%
MAA	B	0.02%	0.03%	0.02%
MAR	B	0.04%	0.1%	0.04%
MAS	D	0.06%	0.03%	0.03%
MCD	D	0.52%	0.31%	0.31%
MCK	B	0.64%	0.12%	0.12%
MCO	B	0.14%	0.11%	0.11%
MDLZ	F	0.22%	0.13%	0.13%
MET	A	0.32%	0.08%	0.08%
META	D	2.32%	2.42%	2.32%
MKC	D	0.06%	0.03%	0.03%
MLM	B	0.07%	0.05%	0.05%
MMC	B	0.2%	0.15%	0.15%
MMM	D	0.58%	0.1%	0.1%
MNST	C	0.07%	0.04%	0.04%
MO	A	0.74%	0.15%	0.15%
MPC	D	0.35%	0.09%	0.09%
MPWR	F	0.06%	0.04%	0.04%
MRK	F	0.83%	0.38%	0.38%
MRO	B	0.03%	0.02%	0.02%
MS	A	0.22%	0.26%	0.22%
MSCI	C	0.06%	0.06%	0.06%
MSI	B	0.2%	0.11%	0.11%
MTB	A	0.04%	0.05%	0.04%
MTD	D	0.08%	0.04%	0.04%
MU	D	0.16%	0.16%	0.16%
NDAQ	A	0.05%	0.04%	0.04%
NEE	D	0.23%	0.24%	0.23%
NEM	D	0.17%	0.05%	0.05%
NFLX	A	0.55%	0.54%	0.54%
NKE	D	0.06%	0.14%	0.06%
NOC	D	0.35%	0.11%	0.11%
NOW	A	0.35%	0.29%	0.29%
NSC	B	0.07%	0.09%	0.07%
NTAP	C	0.1%	0.04%	0.04%
NTRS	A	0.03%	0.03%	0.03%
NUE	C	0.08%	0.06%	0.06%
NVDA	C	1.9%	7.13%	1.9%
NVR	D	0.09%	0.03%	0.03%
O	D	0.06%	0.06%	0.06%
ODFL	B	0.02%	0.06%	0.02%
OKE	A	0.1%	0.1%	0.1%
OMC	C	0.06%	0.03%	0.03%
ORCL	B	1.56%	0.43%	0.43%
ORLY	B	0.2%	0.1%	0.1%
OTIS	C	0.07%	0.06%	0.06%
PANW	C	0.25%	0.17%	0.17%
PAYX	C	0.04%	0.06%	0.04%
PEG	A	0.06%	0.06%	0.06%
PEP	F	0.71%	0.32%	0.32%
PFE	D	0.55%	0.22%	0.22%
PFG	D	0.01%	0.03%	0.01%
PG	A	1.04%	0.61%	0.61%
PGR	A	0.59%	0.22%	0.22%
PH	A	0.14%	0.13%	0.13%
PHM	D	0.1%	0.04%	0.04%
PKG	A	0.1%	0.03%	0.03%
PLTR	B	0.24%	0.16%	0.16%
PM	B	0.89%	0.3%	0.3%
PNC	B	0.12%	0.12%	0.12%
POOL	C	0.07%	0.02%	0.02%
PPG	F	0.04%	0.04%	0.04%
PPL	B	0.04%	0.04%	0.04%
PRU	A	0.23%	0.07%	0.07%
PSA	D	0.09%	0.08%	0.08%
PSX	C	0.23%	0.08%	0.08%
PTC	A	0.04%	0.04%	0.04%
PWR	A	0.12%	0.07%	0.07%
PYPL	B	0.12%	0.13%	0.12%
QCOM	F	0.73%	0.24%	0.24%
RCL	A	0.11%	0.07%	0.07%
REGN	F	0.35%	0.11%	0.11%
RF	A	0.02%	0.04%	0.02%
RMD	C	0.17%	0.05%	0.05%
ROP	B	0.06%	0.08%	0.06%
RPM	A	0.13%	0.02%	0.02%
RS	B	0.04%	0.03%	0.03%
RSG	A	0.13%	0.06%	0.06%
RTX	C	0.22%	0.25%	0.22%
RVTY	F	0.01%	0.02%	0.01%
SBAC	D	0.03%	0.04%	0.03%
SBUX	A	0.09%	0.17%	0.09%
SCHW	B	0.05%	0.16%	0.05%
SHW	A	0.21%	0.13%	0.13%
SLB	C	0.01%	0.09%	0.01%
SMCI	F	0.08%	0.03%	0.03%
SO	D	0.13%	0.14%	0.13%
SPG	B	0.17%	0.09%	0.09%
SPGI	C	0.29%	0.23%	0.23%
SQ	B	0.07%	0.08%	0.07%
SRE	A	0.08%	0.09%	0.08%
SSNC	B	0.02%	0.02%	0.02%
STE	F	0.07%	0.03%	0.03%
STLD	B	0.04%	0.03%	0.03%
STZ	D	0.05%	0.06%	0.05%
SUI	D	0.05%	0.02%	0.02%
SYF	B	0.31%	0.03%	0.03%
SYY	B	0.12%	0.06%	0.06%
T	A	0.75%	0.24%	0.24%
TDG	D	0.15%	0.08%	0.08%
TER	D	0.03%	0.03%	0.03%
TFC	A	0.09%	0.09%	0.09%
TGT	F	0.59%	0.08%	0.08%
TJX	A	0.38%	0.2%	0.2%
TMO	F	0.27%	0.3%	0.27%
TMUS	B	0.43%	0.17%	0.17%
TRGP	B	0.11%	0.07%	0.07%
TROW	B	0.09%	0.04%	0.04%
TRV	B	0.2%	0.09%	0.09%
TSCO	D	0.11%	0.04%	0.04%
TSN	B	0.18%	0.03%	0.03%
TTWO	A	0.08%	0.04%	0.04%
TXN	C	0.28%	0.26%	0.26%
TYL	B	0.08%	0.03%	0.03%
UAL	A	0.02%	0.04%	0.02%
UBER	D	0.2%	0.19%	0.19%
ULTA	F	0.03%	0.02%	0.02%
UNH	C	0.81%	1.04%	0.81%
UNP	C	0.5%	0.21%	0.21%
UPS	C	0.24%	0.14%	0.14%
URI	B	0.09%	0.08%	0.08%
USB	A	0.11%	0.11%	0.11%
V	A	0.31%	0.96%	0.31%
VLO	C	0.16%	0.07%	0.07%
VLTO	D	0.04%	0.03%	0.03%
VRSK	A	0.16%	0.06%	0.06%
VRSN	F	0.04%	0.02%	0.02%
VRTX	F	0.21%	0.17%	0.17%
VTR	C	0.04%	0.04%	0.04%
VTRS	A	0.15%	0.02%	0.02%
VZ	C	1.03%	0.26%	0.26%
WAB	B	0.05%	0.05%	0.05%
WAT	B	0.05%	0.03%	0.03%
WDC	D	0.08%	0.03%	0.03%
WELL	A	0.12%	0.1%	0.1%
WFC	A	0.99%	0.39%	0.39%
WM	A	0.27%	0.13%	0.13%
WMB	A	0.11%	0.11%	0.11%
WMT	A	1.77%	0.54%	0.54%
WPC	D	0.03%	0.01%	0.01%
WRB	A	0.03%	0.03%	0.03%
WST	C	0.04%	0.03%	0.03%
WTW	B	0.11%	0.05%	0.05%
XOM	B	0.43%	1.03%	0.43%
XYL	D	0.11%	0.05%	0.05%
YUM	B	0.13%	0.05%	0.05%
ZBRA	B	0.04%	0.03%	0.03%
ZTS	D	0.05%	0.12%	0.05%

MFUS Overweight 473 Positions Relative to LGH

Symbol	Grade	Weight
THC	D	0.26%
VST	B	0.26%
SFM	A	0.25%
ANF	C	0.24%
WSM	B	0.24%
LII	A	0.22%
WSO	A	0.18%
UTHR	C	0.18%
CASY	A	0.17%
DVA	B	0.17%
MUSA	A	0.16%
CHRW	C	0.14%
APP	B	0.13%
EVR	B	0.13%
JNPR	F	0.12%
CW	B	0.11%
ALSN	B	0.11%
WBA	F	0.11%
FOXA	B	0.11%
BWXT	B	0.11%
CRS	A	0.11%
AYI	B	0.1%
JXN	C	0.1%
LSTR	D	0.09%
WCC	B	0.09%
AIZ	A	0.09%
MLI	C	0.09%
EHC	B	0.09%
TMHC	B	0.09%
GPI	A	0.09%
CALM	A	0.09%
NRG	B	0.08%
GEO	B	0.08%
LPX	B	0.08%
ABG	B	0.08%
DKS	C	0.08%
AOS	F	0.08%
HCC	B	0.08%
ATR	B	0.08%
GPK	C	0.08%
SLG	B	0.08%
EQH	B	0.08%
SEIC	B	0.08%
TAP	C	0.08%
ITT	A	0.08%
HLI	B	0.08%
CACI	D	0.08%
FIX	A	0.07%
UFPI	B	0.07%
INGR	B	0.07%
EXP	A	0.07%
BCC	B	0.07%
SCI	B	0.07%
GLPI	C	0.07%
SKYW	B	0.07%
AEO	F	0.07%
R	B	0.07%
VNO	B	0.07%
THO	B	0.07%
HRB	D	0.07%
CNX	A	0.07%
SEE	C	0.06%
JLL	D	0.06%
LECO	B	0.06%
GNRC	B	0.06%
TPH	D	0.06%
KTB	B	0.06%
HBI	B	0.06%
BFH	B	0.06%
CHE	D	0.06%
ATGE	B	0.06%
VIRT	B	0.06%
CPT	B	0.06%
UHS	D	0.06%
TW	A	0.06%
MTH	D	0.06%
SLM	A	0.06%
CCK	C	0.06%
PK	B	0.06%
CMC	B	0.06%
TXRH	C	0.06%
MSM	C	0.06%
BERY	B	0.06%
WU	D	0.06%
AN	C	0.06%
AMG	B	0.06%
L	A	0.06%
TTC	D	0.06%
FCNCA	A	0.06%
RGA	A	0.06%
FFIV	B	0.06%
IBKR	A	0.06%
TOL	B	0.06%
ROL	B	0.06%
EME	C	0.05%
URBN	C	0.05%
CNO	A	0.05%
NFG	A	0.05%
NSIT	F	0.05%
ERIE	D	0.05%
LOPE	B	0.05%
AROC	B	0.05%
THG	A	0.05%
TDS	B	0.05%
PRIM	A	0.05%
CRI	D	0.05%
GNTX	C	0.05%
MOG.A	B	0.05%
TGNA	B	0.05%
MTN	C	0.05%
EXEL	B	0.05%
HOOD	B	0.05%
FLEX	A	0.05%
USFD	A	0.05%
SLGN	A	0.05%
TEX	D	0.05%
CBT	C	0.05%
COOP	B	0.05%
LAMR	D	0.05%
POST	C	0.05%
AR	B	0.05%
KD	B	0.05%
WEN	D	0.05%
ALLY	C	0.05%
NXST	C	0.05%
GAP	C	0.05%
LUMN	C	0.05%
GVA	A	0.05%
MMS	F	0.05%
BC	C	0.05%
FCN	D	0.05%
BTU	B	0.05%
G	B	0.05%
XPO	B	0.04%
SON	D	0.04%
TKR	D	0.04%
AVT	C	0.04%
ACM	A	0.04%
FL	F	0.04%
JWN	C	0.04%
CRUS	D	0.04%
AWI	A	0.04%
AMH	D	0.04%
CXW	B	0.04%
CPNG	D	0.04%
CLH	B	0.04%
BDC	B	0.04%
SEM	B	0.04%
WH	B	0.04%
PSTG	D	0.04%
RUSHA	C	0.04%
ELS	C	0.04%
SMG	D	0.04%
OLN	D	0.04%
AGNC	D	0.04%
FLO	D	0.04%
BLDR	D	0.04%
ARW	D	0.04%
EMN	D	0.04%
SLVM	B	0.04%
TRN	C	0.04%
SANM	B	0.04%
OGN	D	0.04%
CVLT	B	0.04%
BHF	B	0.04%
IPG	D	0.04%
NBIX	C	0.04%
NWSA	B	0.04%
CUBE	D	0.04%
GBX	A	0.04%
SJM	D	0.04%
WTM	A	0.04%
CPB	D	0.04%
JHG	A	0.04%
SIG	B	0.04%
HEI	B	0.04%
MAC	B	0.04%
HUBG	A	0.04%
RGLD	C	0.04%
CMA	A	0.04%
ATI	D	0.04%
MHO	D	0.04%
FTI	A	0.04%
CRBG	B	0.04%
WERN	C	0.04%
DCI	B	0.04%
GATX	A	0.04%
NDSN	B	0.04%
UNM	A	0.04%
ABM	B	0.04%
STC	B	0.03%
HAE	C	0.03%
GEF	A	0.03%
DRH	B	0.03%
COKE	C	0.03%
KMPR	B	0.03%
VC	D	0.03%
UNF	B	0.03%
LZB	B	0.03%
DK	C	0.03%
RRC	B	0.03%
GMED	A	0.03%
MAN	D	0.03%
PINC	B	0.03%
ACA	A	0.03%
PNM	F	0.03%
APAM	B	0.03%
FNF	B	0.03%
AMKR	D	0.03%
BKE	B	0.03%
LBRDK	C	0.03%
ASO	F	0.03%
LNC	B	0.03%
FHI	A	0.03%
WHR	B	0.03%
OI	C	0.03%
JEF	A	0.03%
OMF	A	0.03%
BURL	A	0.03%
UDR	B	0.03%
SHOO	D	0.03%
DBRG	F	0.03%
CG	A	0.03%
PRG	C	0.03%
RPRX	D	0.03%
LW	C	0.03%
COLD	D	0.03%
PLXS	B	0.03%
APLE	B	0.03%
RL	B	0.03%
X	C	0.03%
MATX	C	0.03%
BLD	D	0.03%
DDS	B	0.03%
GMS	B	0.03%
AVA	A	0.03%
GGG	B	0.03%
BKU	A	0.03%
MC	C	0.03%
DOX	D	0.03%
RLI	B	0.03%
KBH	D	0.03%
IVZ	B	0.03%
COHR	B	0.03%
NYT	C	0.03%
CDP	C	0.03%
TPX	B	0.03%
SM	B	0.03%
MANH	D	0.03%
GNW	A	0.03%
MORN	B	0.03%
BJ	A	0.03%
OSK	B	0.03%
HSIC	B	0.03%
MASI	A	0.03%
LANC	C	0.03%
LEG	F	0.02%
DTM	B	0.02%
TDC	D	0.02%
SATS	D	0.02%
TTMI	B	0.02%
LXP	D	0.02%
ODP	F	0.02%
KEX	C	0.02%
SF	B	0.02%
GT	C	0.02%
BRKR	D	0.02%
BHE	B	0.02%
AXTA	A	0.02%
LAUR	A	0.02%
VFC	C	0.02%
WAL	B	0.02%
WBS	A	0.02%
BEN	C	0.02%
PHIN	A	0.02%
JBLU	F	0.02%
NSP	D	0.02%
GME	C	0.02%
ZION	B	0.02%
BXP	D	0.02%
SNV	B	0.02%
ANDE	D	0.02%
APG	B	0.02%
HP	B	0.02%
HST	C	0.02%
AA	B	0.02%
VVV	F	0.02%
DNOW	B	0.02%
LAD	A	0.02%
M	D	0.02%
HNI	B	0.02%
PMT	D	0.02%
HRL	D	0.02%
NAVI	C	0.02%
WKC	D	0.02%
WMS	D	0.02%
PNR	A	0.02%
LNW	D	0.02%
REZI	A	0.02%
XRAY	F	0.02%
KBR	F	0.02%
EPC	D	0.02%
SNDR	B	0.02%
RHI	B	0.02%
AGCO	D	0.02%
OSIS	B	0.02%
SKX	D	0.02%
PFSI	D	0.02%
NWL	B	0.02%
CC	C	0.02%
PSN	D	0.02%
SXT	B	0.02%
KSS	F	0.02%
OHI	C	0.02%
SAM	C	0.02%
APOG	B	0.02%
YELP	C	0.02%
OC	A	0.02%
RLJ	C	0.02%
THS	D	0.02%
DORM	B	0.02%
NTCT	C	0.02%
XHR	B	0.02%
CTLT	B	0.02%
GWRE	A	0.02%
MDU	D	0.02%
MKTX	D	0.02%
SBH	C	0.02%
PVH	C	0.02%
PBF	D	0.02%
PDCO	D	0.02%
PAG	B	0.02%
NI	A	0.02%
HII	D	0.02%
VSCO	B	0.02%
ADNT	F	0.02%
CE	F	0.02%
EWBC	A	0.02%
HOG	D	0.02%
MCY	A	0.02%
AIR	B	0.02%
DLB	B	0.02%
VSTO	A	0.02%
BFAM	D	0.02%
FAF	A	0.02%
GHC	C	0.02%
TFX	F	0.02%
MSA	D	0.02%
ORA	B	0.02%
NEU	C	0.02%
RYN	D	0.02%
HXL	D	0.02%
MTG	C	0.02%
CCL	B	0.02%
SVC	F	0.01%
QRVO	F	0.01%
AAP	C	0.01%
CPRI	F	0.01%
NOV	C	0.01%
KNX	B	0.01%
UHAL	D	0.01%
RKT	F	0.01%
JELD	F	0.01%
DINO	D	0.01%
SCL	C	0.01%
IGT	F	0.01%
PARA	C	0.01%
MLKN	D	0.01%
GIII	D	0.01%
WOR	F	0.01%
ELAN	D	0.01%
CACC	D	0.01%
ARI	C	0.01%
CNXN	C	0.01%
MKSI	C	0.01%
ECPG	B	0.01%
HTH	B	0.01%
IMKTA	C	0.01%
RDN	C	0.01%
ACI	C	0.01%
SEB	F	0.01%
WGO	C	0.01%
CLF	F	0.01%
JBGS	D	0.01%
ALEX	C	0.01%
XRX	F	0.01%
UVV	B	0.01%
UGI	A	0.01%
SPR	D	0.01%
SHO	C	0.01%
ARMK	B	0.01%
OUT	A	0.01%
AMED	F	0.01%
PNW	B	0.01%
SR	A	0.01%
CNS	B	0.01%
SSB	B	0.01%
ESI	A	0.01%
KALU	C	0.01%
MOS	F	0.01%
SWX	B	0.01%
CVI	F	0.01%
CENTA	C	0.01%
OMI	F	0.01%
SAIC	F	0.01%
BRC	D	0.01%
PECO	A	0.01%
PB	A	0.01%
SIGI	C	0.01%
ARCH	B	0.01%
SPB	C	0.01%
LEA	D	0.01%
WAFD	B	0.01%
DY	D	0.01%
CROX	D	0.01%
AES	F	0.01%
FDP	B	0.01%
WMK	C	0.01%
DAN	D	0.01%
CNM	D	0.01%
CFR	B	0.01%
MHK	D	0.01%
FELE	B	0.01%
INCY	C	0.01%
PPC	C	0.01%
BBWI	D	0.01%
TPR	B	0.01%
KN	B	0.01%
STRA	C	0.01%
NNN	D	0.01%
DXC	B	0.01%
NNI	D	0.01%
ESNT	D	0.01%
GES	F	0.01%
FLR	B	0.01%
ESAB	B	0.01%
LADR	B	0.01%
ONB	B	0.01%
IDCC	A	0.01%
TTEK	F	0.01%
CBSH	A	0.01%
ICUI	D	0.01%
WWD	B	0.01%
MUR	D	0.01%
TNET	D	0.01%
CADE	B	0.01%
CWEN	C	0.01%
CSGS	B	0.01%
UHAL	D	0.01%
BWA	D	0.01%
FHN	A	0.01%
FYBR	D	0.01%
H	B	0.01%
WTFC	A	0.01%
PSMT	C	0.01%
AMWD	C	0.01%
VNT	B	0.01%
CR	A	0.01%
ADC	B	0.01%
PTEN	C	0.01%
SCS	C	0.01%
FR	C	0.01%
GOLF	B	0.01%
IOSP	B	0.01%
SAH	A	0.01%
DEI	B	0.01%
RBC	A	0.01%
HE	C	0.01%
VSH	D	0.01%
SCCO	F	0.0%
NOMD	D	0.0%
WOLF	F	0.0%
HUN	F	0.0%

MFUS Underweight 110 Positions Relative to LGH

Symbol	Grade	Weight
SPXL	B	-18.71%
MSFT	F	-6.15%
GOOGL	C	-1.88%
TSLA	B	-1.8%
CRM	B	-0.45%
LIN	D	-0.32%
AMD	F	-0.32%
ABT	B	-0.3%
DIS	B	-0.29%
INTU	C	-0.25%
HON	B	-0.21%
ETN	A	-0.2%
SYK	C	-0.18%
MDT	D	-0.17%
PLD	D	-0.16%
DE	A	-0.16%
ADI	D	-0.15%
GEV	B	-0.13%
TT	A	-0.13%
CDNS	B	-0.12%
CRWD	B	-0.12%
EQIX	A	-0.12%
EOG	A	-0.11%
MRVL	B	-0.11%
BA	F	-0.11%
SNPS	B	-0.11%
VRT	B	-0.1%
APO	B	-0.1%
TTD	B	-0.1%
FCX	D	-0.09%
FDX	B	-0.09%
APD	A	-0.09%
ABNB	C	-0.08%
PCAR	B	-0.08%
ROST	C	-0.07%
SNOW	C	-0.07%
PCG	A	-0.07%
LNG	B	-0.07%
WDAY	B	-0.07%
VMC	B	-0.06%
DDOG	A	-0.06%
HES	B	-0.06%
CTSH	B	-0.06%
AXON	A	-0.06%
XEL	A	-0.06%
TEAM	A	-0.06%
KVUE	A	-0.06%
EW	C	-0.06%
AME	A	-0.06%
ROK	B	-0.05%
GPN	B	-0.05%
RJF	A	-0.05%
NET	B	-0.05%
OXY	D	-0.05%
ACGL	D	-0.05%
VICI	C	-0.05%
TPL	A	-0.05%
MCHP	D	-0.05%
IQV	D	-0.05%
GRMN	B	-0.05%
DAL	C	-0.05%
HUM	C	-0.05%
VEEV	C	-0.05%
WY	D	-0.04%
DVN	F	-0.04%
WBD	C	-0.04%
AWK	D	-0.04%
DXCM	D	-0.04%
KEYS	A	-0.04%
STT	A	-0.04%
ILMN	D	-0.04%
HAL	C	-0.04%
FTV	C	-0.04%
CSGP	D	-0.04%
ON	D	-0.04%
WEC	A	-0.04%
HUBS	A	-0.04%
GPC	D	-0.03%
EQT	B	-0.03%
TRU	D	-0.03%
PINS	D	-0.03%
RBLX	C	-0.03%
ZM	B	-0.03%
CTRA	B	-0.03%
MDB	C	-0.03%
FSLR	F	-0.03%
STX	D	-0.03%
ZBH	C	-0.03%
LUV	C	-0.03%
MKL	A	-0.03%
EXPE	B	-0.03%
LH	C	-0.03%
TDY	B	-0.03%
CBOE	B	-0.03%
AEE	A	-0.03%
BG	F	-0.02%
MRNA	F	-0.02%
SWKS	F	-0.02%
EL	F	-0.02%
J	F	-0.02%
SWK	D	-0.02%
LVS	C	-0.02%
ARE	D	-0.02%
ENTG	D	-0.02%
MOH	F	-0.02%
TXT	D	-0.02%
PODD	C	-0.02%
TRMB	B	-0.02%
CF	B	-0.02%
CNP	B	-0.02%