MFUS vs. LRGF ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to iShares FactorSelect MSCI USA ETF (LRGF)

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

$52.28

Average Daily Volume

5,668

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

LRGF

iShares FactorSelect MSCI USA ETF

LRGF Description

The investment seeks to track the investment results of the MSCI USA Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to select equity securities from MSCI USA Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$62.24

Average Daily Volume

92,388

Number of Holdings ^*

272

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	LRGF
30 Days	4.12%	4.98%
60 Days	4.16%	6.05%
90 Days	6.35%	8.51%
12 Months	33.66%	37.61%

203 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in LRGF	Overlap
AAPL	B	0.97%	6.35%	0.97%
ABBV	D	1.35%	0.9%	0.9%
ACI	C	0.01%	0.06%	0.01%
ACN	B	0.24%	0.14%	0.14%
ADBE	C	0.04%	0.28%	0.04%
ADM	F	0.23%	0.07%	0.07%
ADP	B	0.11%	0.16%	0.11%
AFL	B	0.22%	0.38%	0.22%
AGCO	D	0.02%	0.03%	0.02%
AGNC	D	0.04%	0.07%	0.04%
AIG	B	0.34%	0.3%	0.3%
ALLY	C	0.05%	0.25%	0.05%
AMAT	F	0.5%	0.46%	0.46%
AMG	B	0.06%	0.2%	0.06%
AMGN	D	0.92%	0.42%	0.42%
AMP	B	0.18%	0.41%	0.18%
AMT	D	0.14%	0.09%	0.09%
AMZN	C	1.65%	3.01%	1.65%
AN	B	0.06%	0.21%	0.06%
ANET	C	0.14%	0.3%	0.14%
ANF	C	0.24%	0.27%	0.24%
APP	B	0.13%	0.94%	0.13%
AR	B	0.05%	0.04%	0.04%
AVB	B	0.03%	0.22%	0.03%
AVGO	D	1.54%	1.82%	1.54%
AXP	A	0.23%	0.24%	0.23%
AYI	B	0.1%	0.37%	0.1%
AZO	C	0.28%	0.14%	0.14%
BAC	A	0.45%	0.37%	0.37%
BBWI	C	0.01%	0.14%	0.01%
BBY	D	0.2%	0.24%	0.2%
BDX	F	0.11%	0.02%	0.02%
BK	A	0.18%	0.61%	0.18%
BKNG	B	0.42%	1.17%	0.42%
BLDR	C	0.04%	0.53%	0.04%
BLK	C	0.18%	0.24%	0.18%
BMY	B	0.41%	0.72%	0.41%
BRK.A	B	2.44%	0.5%	0.5%
BSX	C	0.21%	0.02%	0.02%
BXP	D	0.02%	0.04%	0.02%
C	A	0.7%	0.15%	0.15%
CARR	C	0.05%	0.07%	0.05%
CAT	B	0.2%	0.26%	0.2%
CEG	D	0.11%	0.05%	0.05%
CHTR	C	0.3%	0.07%	0.07%
CI	D	0.13%	0.21%	0.13%
CMC	B	0.06%	0.07%	0.06%
CMCSA	C	0.16%	0.41%	0.16%
CNM	D	0.01%	0.29%	0.01%
COF	B	0.29%	0.22%	0.22%
COKE	C	0.03%	0.1%	0.03%
COP	D	0.07%	0.05%	0.05%
COST	B	1.36%	0.54%	0.54%
CPNG	D	0.04%	0.12%	0.04%
CR	B	0.01%	0.31%	0.01%
CRUS	F	0.04%	0.05%	0.04%
CSCO	A	0.68%	0.4%	0.4%
CTAS	B	0.19%	0.38%	0.19%
CVLT	B	0.04%	0.18%	0.04%
CVS	D	0.67%	0.17%	0.17%
CVX	B	0.39%	0.54%	0.39%
DECK	A	0.17%	0.32%	0.17%
DELL	C	0.03%	0.35%	0.03%
DKS	C	0.08%	0.17%	0.08%
DOW	F	0.02%	0.04%	0.02%
DTE	C	0.02%	0.13%	0.02%
DUK	C	0.13%	0.21%	0.13%
DVA	B	0.17%	0.23%	0.17%
EBAY	C	0.36%	0.31%	0.31%
ED	D	0.06%	0.51%	0.06%
ELV	F	0.15%	0.29%	0.15%
EME	B	0.05%	0.27%	0.05%
EMR	A	0.09%	0.31%	0.09%
EQR	B	0.04%	0.29%	0.04%
EXC	D	0.07%	0.16%	0.07%
EXPD	C	0.11%	0.01%	0.01%
F	C	0.15%	0.18%	0.15%
FE	D	0.03%	0.05%	0.03%
FI	A	0.19%	0.11%	0.11%
FICO	B	0.25%	0.61%	0.25%
FNF	B	0.03%	0.13%	0.03%
FOXA	C	0.11%	0.25%	0.11%
FTNT	C	0.07%	0.49%	0.07%
GE	D	0.56%	0.14%	0.14%
GEHC	F	0.07%	0.41%	0.07%
GILD	B	0.84%	0.49%	0.49%
GIS	D	0.17%	0.23%	0.17%
GM	B	0.38%	0.52%	0.38%
GS	B	0.4%	0.59%	0.4%
GWW	A	0.22%	0.11%	0.11%
HD	A	0.62%	0.58%	0.58%
HIG	B	0.06%	0.03%	0.03%
HOG	F	0.02%	0.08%	0.02%
HOLX	D	0.03%	0.36%	0.03%
HPE	B	0.11%	0.48%	0.11%
HPQ	B	0.29%	0.19%	0.19%
HRB	D	0.07%	0.3%	0.07%
HSY	F	0.05%	0.04%	0.04%
IBKR	B	0.06%	0.46%	0.06%
IBM	C	1.09%	0.16%	0.16%
IT	C	0.14%	0.36%	0.14%
ITW	A	0.1%	0.21%	0.1%
JBL	C	0.03%	0.31%	0.03%
JHG	A	0.04%	0.26%	0.04%
JNJ	D	1.2%	0.87%	0.87%
JPM	B	0.99%	1.64%	0.99%
KHC	D	0.14%	0.02%	0.02%
KLAC	F	0.22%	0.31%	0.22%
KMI	B	0.11%	0.14%	0.11%
KO	D	1.01%	0.61%	0.61%
KR	A	0.37%	0.35%	0.35%
LII	A	0.22%	0.03%	0.03%
LLY	F	2.3%	1.09%	1.09%
LMT	D	0.75%	0.19%	0.19%
LOW	C	0.35%	0.58%	0.35%
LPX	B	0.08%	0.07%	0.07%
LRCX	F	0.16%	0.2%	0.16%
MA	B	0.28%	0.75%	0.28%
MANH	C	0.03%	0.34%	0.03%
MCD	D	0.52%	0.63%	0.52%
MCK	C	0.64%	0.5%	0.5%
MDLZ	F	0.22%	0.1%	0.1%
MET	A	0.32%	0.03%	0.03%
META	D	2.32%	2.16%	2.16%
MLI	C	0.09%	0.29%	0.09%
MMM	D	0.58%	0.13%	0.13%
MO	A	0.74%	0.1%	0.1%
MPC	F	0.35%	0.57%	0.35%
MRK	F	0.83%	0.57%	0.57%
MRO	B	0.03%	0.09%	0.03%
MS	B	0.22%	0.11%	0.11%
MSCI	C	0.06%	0.37%	0.06%
MSI	C	0.2%	0.22%	0.2%
MTD	F	0.08%	0.27%	0.08%
MUR	F	0.01%	0.02%	0.01%
MUSA	B	0.16%	0.11%	0.11%
NDAQ	A	0.05%	0.22%	0.05%
NEE	D	0.23%	0.17%	0.17%
NFLX	B	0.55%	0.19%	0.19%
NOW	B	0.35%	0.04%	0.04%
NTAP	C	0.1%	0.02%	0.02%
NUE	D	0.08%	0.21%	0.08%
NVDA	C	1.9%	6.55%	1.9%
NWSA	B	0.04%	0.02%	0.02%
OLN	F	0.04%	0.11%	0.04%
OMC	C	0.06%	0.15%	0.06%
ORCL	C	1.56%	0.16%	0.16%
OTIS	C	0.07%	0.27%	0.07%
PANW	C	0.25%	0.18%	0.18%
PAYX	B	0.04%	0.4%	0.04%
PEP	F	0.71%	0.87%	0.71%
PFE	D	0.55%	0.31%	0.31%
PFG	C	0.01%	0.05%	0.01%
PG	A	1.04%	1.26%	1.04%
PH	A	0.14%	0.1%	0.1%
PM	B	0.89%	0.4%	0.4%
PRU	A	0.23%	0.19%	0.19%
PSA	C	0.09%	0.23%	0.09%
PSX	C	0.23%	0.01%	0.01%
PVH	C	0.02%	0.08%	0.02%
QCOM	F	0.73%	0.45%	0.45%
R	B	0.07%	0.17%	0.07%
RGA	A	0.06%	0.06%	0.06%
RHI	C	0.02%	0.24%	0.02%
RL	B	0.03%	0.12%	0.03%
RPRX	D	0.03%	0.01%	0.01%
RRC	B	0.03%	0.11%	0.03%
RS	B	0.04%	0.27%	0.04%
SBUX	B	0.09%	0.19%	0.09%
SFM	B	0.25%	0.05%	0.05%
SHW	A	0.21%	0.07%	0.07%
SO	D	0.13%	0.12%	0.12%
SPG	C	0.17%	0.38%	0.17%
SPGI	C	0.29%	0.43%	0.29%
SRE	A	0.08%	0.07%	0.07%
STLD	B	0.04%	0.26%	0.04%
SYF	A	0.31%	0.26%	0.26%
T	A	0.75%	0.59%	0.59%
TAP	C	0.08%	0.07%	0.07%
TGT	F	0.59%	0.3%	0.3%
THO	B	0.07%	0.04%	0.04%
TMO	F	0.27%	0.27%	0.27%
TPR	A	0.01%	0.32%	0.01%
TRV	B	0.2%	0.2%	0.2%
TTEK	F	0.01%	0.1%	0.01%
TXN	D	0.28%	0.04%	0.04%
UAL	B	0.02%	0.03%	0.02%
UBER	D	0.2%	0.28%	0.2%
ULTA	F	0.03%	0.01%	0.01%
UNH	B	0.81%	0.89%	0.81%
UNM	A	0.04%	0.09%	0.04%
V	A	0.31%	1.28%	0.31%
VLO	C	0.16%	0.33%	0.16%
VLTO	C	0.04%	0.08%	0.04%
VRTX	D	0.21%	0.19%	0.19%
VST	B	0.26%	0.45%	0.26%
VZ	B	1.03%	0.34%	0.34%
WFC	A	0.99%	0.5%	0.5%
WMT	B	1.77%	1.03%	1.03%
WSM	B	0.24%	0.36%	0.24%
XOM	C	0.43%	0.94%	0.43%
XRAY	F	0.02%	0.04%	0.02%
YUM	B	0.13%	0.3%	0.13%

MFUS Overweight 612 Positions Relative to LRGF

Symbol	Grade	Weight
PGR	A	0.59%
UNP	C	0.5%
TMUS	A	0.43%
TJX	A	0.38%
CL	D	0.36%
REGN	F	0.35%
NOC	D	0.35%
ICE	D	0.29%
ISRG	C	0.29%
CAH	B	0.27%
WM	A	0.27%
LHX	C	0.26%
THC	D	0.26%
ALL	B	0.26%
AON	A	0.25%
DHR	D	0.24%
PLTR	B	0.24%
HCA	F	0.24%
UPS	C	0.24%
GD	F	0.23%
RTX	D	0.22%
ORLY	B	0.2%
MMC	A	0.2%
GLW	B	0.2%
CMG	B	0.2%
EA	C	0.19%
INTC	C	0.19%
HWM	B	0.18%
TSN	B	0.18%
WSO	A	0.18%
UTHR	C	0.18%
NEM	F	0.17%
RMD	C	0.17%
CASY	B	0.17%
BR	A	0.17%
KMB	C	0.17%
COR	C	0.17%
MU	D	0.16%
AJG	A	0.16%
CB	D	0.16%
VRSK	A	0.16%
TDG	D	0.15%
VTRS	B	0.15%
K	A	0.15%
LYB	F	0.15%
KKR	B	0.15%
CHRW	C	0.14%
BAH	F	0.14%
CMI	A	0.14%
CME	A	0.14%
MCO	A	0.14%
CLX	C	0.13%
FAST	B	0.13%
DPZ	C	0.13%
EVR	B	0.13%
BX	B	0.13%
RPM	A	0.13%
RSG	A	0.13%
PNC	A	0.12%
BRO	B	0.12%
SYY	C	0.12%
WELL	C	0.12%
IRM	C	0.12%
APH	B	0.12%
JNPR	F	0.12%
PYPL	A	0.12%
GDDY	B	0.12%
PWR	A	0.12%
RCL	B	0.11%
XYL	D	0.11%
CW	B	0.11%
WTW	B	0.11%
WMB	B	0.11%
ALSN	B	0.11%
LDOS	D	0.11%
CSX	B	0.11%
USB	A	0.11%
TSCO	C	0.11%
DASH	A	0.11%
WBA	D	0.11%
COIN	B	0.11%
EXR	C	0.11%
BWXT	B	0.11%
CRS	B	0.11%
TRGP	B	0.11%
PHM	C	0.1%
HLT	A	0.1%
JXN	B	0.1%
DD	D	0.1%
OKE	C	0.1%
JKHY	D	0.1%
DFS	B	0.1%
GEN	A	0.1%
PKG	B	0.1%
EFX	D	0.1%
LSTR	B	0.09%
IEX	B	0.09%
WCC	B	0.09%
TFC	B	0.09%
AIZ	B	0.09%
TROW	A	0.09%
DGX	B	0.09%
EHC	B	0.09%
ARES	B	0.09%
IR	A	0.09%
URI	B	0.09%
NVR	D	0.09%
ADSK	B	0.09%
TMHC	A	0.09%
GPI	B	0.09%
AVY	D	0.09%
CALM	B	0.09%
IP	B	0.09%
DLR	A	0.09%
NRG	C	0.08%
GEO	B	0.08%
TTWO	B	0.08%
ABG	B	0.08%
SMCI	D	0.08%
AOS	D	0.08%
ECL	D	0.08%
HCC	B	0.08%
ATR	B	0.08%
WDC	C	0.08%
BKR	C	0.08%
TYL	A	0.08%
AEP	D	0.08%
GPK	C	0.08%
SLG	B	0.08%
EQH	B	0.08%
DG	F	0.08%
CPRT	A	0.08%
SEIC	A	0.08%
ITT	A	0.08%
HLI	A	0.08%
CACI	D	0.08%
FIX	A	0.07%
UFPI	B	0.07%
SQ	B	0.07%
INGR	B	0.07%
JCI	C	0.07%
EXP	B	0.07%
BCC	B	0.07%
LPLA	B	0.07%
SCI	A	0.07%
NSC	A	0.07%
GLPI	B	0.07%
SKYW	B	0.07%
CCI	D	0.07%
MLM	B	0.07%
POOL	C	0.07%
AEO	F	0.07%
CHD	B	0.07%
KDP	D	0.07%
VNO	B	0.07%
STE	F	0.07%
BALL	D	0.07%
MNST	B	0.07%
D	C	0.07%
FIS	D	0.07%
CNX	B	0.07%
SEE	C	0.06%
NKE	F	0.06%
JLL	B	0.06%
O	D	0.06%
LECO	C	0.06%
GNRC	B	0.06%
TPH	C	0.06%
KTB	A	0.06%
HBI	B	0.06%
MKC	D	0.06%
MPWR	F	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	B	0.06%
MTH	C	0.06%
MAS	C	0.06%
SLM	B	0.06%
CCK	D	0.06%
PK	B	0.06%
TXRH	A	0.06%
MSM	C	0.06%
BERY	B	0.06%
WU	D	0.06%
BIIB	F	0.06%
PEG	A	0.06%
DHI	D	0.06%
L	B	0.06%
TTC	D	0.06%
ROP	B	0.06%
FCNCA	B	0.06%
ALNY	D	0.06%
FFIV	A	0.06%
TOL	A	0.06%
LEN	C	0.06%
ROL	B	0.06%
URBN	C	0.05%
CNO	A	0.05%
FANG	F	0.05%
NFG	B	0.05%
NSIT	F	0.05%
ERIE	D	0.05%
LOPE	B	0.05%
AROC	B	0.05%
THG	C	0.05%
TDS	B	0.05%
PRIM	A	0.05%
CRI	F	0.05%
GNTX	C	0.05%
A	D	0.05%
MOG.A	B	0.05%
ETR	B	0.05%
TGNA	B	0.05%
MTN	C	0.05%
EXEL	A	0.05%
SUI	D	0.05%
HOOD	B	0.05%
CBRE	B	0.05%
FLEX	B	0.05%
USFD	A	0.05%
SLGN	A	0.05%
TEX	D	0.05%
CBT	C	0.05%
IDXX	F	0.05%
COOP	B	0.05%
SCHW	A	0.05%
LAMR	C	0.05%
ZTS	D	0.05%
POST	B	0.05%
KD	B	0.05%
WAT	B	0.05%
WEN	D	0.05%
EIX	A	0.05%
NXST	C	0.05%
ANSS	B	0.05%
GAP	C	0.05%
LUMN	C	0.05%
GVA	B	0.05%
WAB	B	0.05%
MMS	F	0.05%
BC	C	0.05%
FCN	D	0.05%
BTU	C	0.05%
STZ	D	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	D	0.04%
JWN	A	0.04%
AWI	B	0.04%
ESS	B	0.04%
AMH	C	0.04%
CXW	C	0.04%
INVH	D	0.04%
CLH	B	0.04%
BDC	B	0.04%
SEM	B	0.04%
WH	A	0.04%
PPL	B	0.04%
PSTG	D	0.04%
RUSHA	B	0.04%
ELS	C	0.04%
SMG	C	0.04%
CTVA	B	0.04%
CFG	B	0.04%
MTB	B	0.04%
FLO	C	0.04%
CAG	D	0.04%
ARW	D	0.04%
FDS	B	0.04%
EMN	D	0.04%
SLVM	B	0.04%
TRN	B	0.04%
SANM	B	0.04%
OGN	F	0.04%
VRSN	F	0.04%
VTR	D	0.04%
BHF	B	0.04%
IPG	C	0.04%
PTC	A	0.04%
NBIX	C	0.04%
CUBE	D	0.04%
GBX	A	0.04%
SJM	D	0.04%
WTM	A	0.04%
CPB	D	0.04%
BAX	F	0.04%
ZBRA	A	0.04%
SIG	B	0.04%
HEI	B	0.04%
MAC	A	0.04%
HUBG	A	0.04%
RGLD	D	0.04%
FITB	B	0.04%
CMA	A	0.04%
ATI	D	0.04%
MHO	C	0.04%
CNC	F	0.04%
FTI	A	0.04%
PPG	D	0.04%
CRBG	B	0.04%
WERN	B	0.04%
DCI	A	0.04%
GATX	A	0.04%
NDSN	B	0.04%
DOV	A	0.04%
ABM	B	0.04%
WST	C	0.04%
MAR	A	0.04%
STC	A	0.03%
HAE	B	0.03%
WRB	A	0.03%
SBAC	D	0.03%
GEF	B	0.03%
DRH	B	0.03%
KMPR	B	0.03%
VC	D	0.03%
UNF	B	0.03%
LZB	B	0.03%
DK	C	0.03%
GMED	A	0.03%
KEY	A	0.03%
MAN	D	0.03%
PINC	B	0.03%
ACA	B	0.03%
PNM	F	0.03%
APAM	B	0.03%
AMKR	F	0.03%
DRI	B	0.03%
AVTR	F	0.03%
WPC	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%
TER	F	0.03%
OI	C	0.03%
JEF	A	0.03%
CDW	F	0.03%
OMF	A	0.03%
BURL	B	0.03%
UDR	B	0.03%
SHOO	D	0.03%
DBRG	F	0.03%
CG	B	0.03%
PRG	B	0.03%
NTRS	A	0.03%
LW	C	0.03%
COLD	F	0.03%
PLXS	B	0.03%
APLE	B	0.03%
IFF	D	0.03%
X	C	0.03%
MATX	C	0.03%
BLD	C	0.03%
DDS	B	0.03%
GMS	B	0.03%
CMS	C	0.03%
AVA	B	0.03%
GGG	B	0.03%
BKU	B	0.03%
MC	B	0.03%
DOX	D	0.03%
RLI	A	0.03%
KBH	C	0.03%
IVZ	B	0.03%
COHR	C	0.03%
NYT	C	0.03%
CDP	C	0.03%
HBAN	B	0.03%
TPX	A	0.03%
CPAY	A	0.03%
SM	C	0.03%
HUBB	B	0.03%
ES	D	0.03%
GNW	A	0.03%
MORN	A	0.03%
BJ	B	0.03%
OSK	B	0.03%
HSIC	B	0.03%
MASI	A	0.03%
LANC	C	0.03%
LEG	D	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	B	0.02%
SSNC	A	0.02%
SF	B	0.02%
GT	C	0.02%
BRKR	F	0.02%
BHE	B	0.02%
EVRG	A	0.02%
KIM	A	0.02%
CSL	B	0.02%
AXTA	A	0.02%
LAUR	B	0.02%
VFC	C	0.02%
WAL	B	0.02%
WBS	B	0.02%
RF	B	0.02%
BEN	C	0.02%
PHIN	B	0.02%
JBLU	F	0.02%
NSP	F	0.02%
ATO	A	0.02%
GME	C	0.02%
ZION	B	0.02%
ODFL	B	0.02%
SNV	B	0.02%
ANDE	D	0.02%
APG	B	0.02%
HP	C	0.02%
HST	C	0.02%
AA	A	0.02%
VVV	F	0.02%
DNOW	B	0.02%
LAD	B	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	F	0.02%
PNR	B	0.02%
LNW	D	0.02%
REZI	B	0.02%
KBR	F	0.02%
EPC	D	0.02%
SNDR	B	0.02%
MAA	B	0.02%
OSIS	A	0.02%
SKX	D	0.02%
PFSI	C	0.02%
NWL	A	0.02%
CC	C	0.02%
LNT	A	0.02%
PSN	D	0.02%
SXT	B	0.02%
KSS	F	0.02%
OHI	D	0.02%
SAM	C	0.02%
APOG	B	0.02%
YELP	C	0.02%
OC	B	0.02%
RLJ	C	0.02%
THS	F	0.02%
DORM	B	0.02%
NTCT	B	0.02%
XHR	A	0.02%
CTLT	B	0.02%
GWRE	B	0.02%
MDU	F	0.02%
MKTX	D	0.02%
SBH	B	0.02%
PBF	D	0.02%
PDCO	D	0.02%
CINF	A	0.02%
PAG	B	0.02%
NI	A	0.02%
HII	F	0.02%
VSCO	B	0.02%
ADNT	F	0.02%
CE	F	0.02%
EWBC	B	0.02%
MCY	B	0.02%
AIR	B	0.02%
DLB	B	0.02%
VSTO	A	0.02%
BFAM	F	0.02%
FAF	B	0.02%
JBHT	C	0.02%
GHC	B	0.02%
TFX	F	0.02%
AKAM	F	0.02%
MSA	C	0.02%
ORA	B	0.02%
DLTR	D	0.02%
NEU	C	0.02%
RYN	C	0.02%
HXL	D	0.02%
MTG	B	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	F	0.01%
SCL	C	0.01%
IGT	F	0.01%
PARA	C	0.01%
MLKN	D	0.01%
RVTY	D	0.01%
GIII	C	0.01%
WOR	D	0.01%
ELAN	F	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%
SEB	F	0.01%
WGO	C	0.01%
CLF	F	0.01%
JBGS	D	0.01%
ALEX	B	0.01%
XRX	F	0.01%
UVV	B	0.01%
UGI	A	0.01%
SPR	D	0.01%
SHO	C	0.01%
ARMK	A	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	B	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	C	0.01%
PECO	B	0.01%
PB	B	0.01%
SIGI	B	0.01%
ARCH	B	0.01%
SPB	C	0.01%
LEA	F	0.01%
WAFD	B	0.01%
DY	D	0.01%
CROX	F	0.01%
AES	F	0.01%
FDP	C	0.01%
WMK	B	0.01%
DAN	F	0.01%
CFR	B	0.01%
MHK	D	0.01%
FELE	B	0.01%
INCY	C	0.01%
PPC	C	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%
BMRN	F	0.01%
CBSH	B	0.01%
ICUI	D	0.01%
WWD	B	0.01%
TNET	D	0.01%
CADE	B	0.01%
CWEN	C	0.01%
CSGS	B	0.01%
UHAL	D	0.01%
BWA	C	0.01%
FHN	B	0.01%
FYBR	D	0.01%
H	A	0.01%
WTFC	B	0.01%
PSMT	C	0.01%
AMWD	B	0.01%
VNT	C	0.01%
ALGN	D	0.01%
ADC	B	0.01%
PTEN	C	0.01%
SLB	C	0.01%
SCS	B	0.01%
FR	C	0.01%
GOLF	B	0.01%
IOSP	B	0.01%
SAH	B	0.01%
DEI	A	0.01%
RBC	B	0.01%
HE	C	0.01%
VSH	F	0.01%
SCCO	F	0.0%
NOMD	D	0.0%
WOLF	F	0.0%
HUN	F	0.0%

MFUS Underweight 69 Positions Relative to LRGF

Symbol	Grade	Weight
MSFT	D	-5.67%
GOOG	C	-1.8%
LIN	D	-0.91%
TSLA	B	-0.76%
TEAM	B	-0.6%
ABT	B	-0.53%
AWK	D	-0.52%
DUOL	B	-0.44%
NTNX	B	-0.43%
MELI	C	-0.39%
ETN	A	-0.38%
DOCU	A	-0.33%
WY	D	-0.33%
CRH	A	-0.32%
INTU	C	-0.31%
BRX	A	-0.31%
ABNB	C	-0.3%
FERG	B	-0.29%
GTLB	C	-0.28%
PCOR	B	-0.28%
MEDP	F	-0.28%
WING	F	-0.26%
PCAR	B	-0.23%
STT	A	-0.22%
CRWD	B	-0.22%
WFRD	F	-0.21%
TT	B	-0.21%
SOLV	C	-0.2%
QLYS	C	-0.2%
WEC	A	-0.2%
CDNS	B	-0.19%
ESTC	C	-0.18%
ETSY	D	-0.18%
SNPS	B	-0.18%
IOT	B	-0.17%
SYK	C	-0.17%
MOH	F	-0.16%
HUBS	B	-0.15%
WTS	B	-0.15%
HUM	C	-0.14%
SMAR	A	-0.14%
RMBS	C	-0.14%
NVT	B	-0.13%
AMD	F	-0.13%
VOYA	B	-0.13%
CRM	B	-0.12%
ELF	C	-0.12%
ZS	C	-0.11%
OKTA	C	-0.11%
GL	C	-0.1%
MDT	D	-0.1%
APA	F	-0.09%
EXE	B	-0.08%
MCHP	F	-0.08%
ACGL	D	-0.07%
PLD	D	-0.07%
LNTH	D	-0.07%
EG	C	-0.05%
MRNA	F	-0.04%
SSD	C	-0.04%
DE	B	-0.03%
MGM	F	-0.03%
MOD	B	-0.03%
ZBH	C	-0.03%
PATH	C	-0.02%
LYV	A	-0.02%
CVNA	B	-0.02%
EOG	C	-0.01%
FDX	B	-0.01%