MFUS vs. REVS ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to Columbia Research Enhanced Value ETF (REVS)

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

$51.69

Average Daily Volume

5,723

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

REVS

Columbia Research Enhanced Value ETF

REVS Description

The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Research Enhanced U.S. Value Index. The fund invests at least 80% of its assets in the securities of the index. The index reflects a rules-based strategic beta approach to investing in the companies that comprise the Russell 1000® Value Index, designed to achieve stronger total return when compared to the Russell 1000® Value Index, which is a broad measure of the performance of U.S. large- and mid-cap value companies.

Grade (RS Rating)

Last Trade

$26.34

Average Daily Volume

14,054

Number of Holdings ^*

303

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	REVS
30 Days	1.43%	2.53%
60 Days	5.39%	6.66%
90 Days	8.66%	10.10%
12 Months	36.24%	33.53%

219 Overlapping Holdings

	Symbol	Grade	Weight in MFUS	Weight in REVS	Overlap
	ABBV	D	1.65%	0.8%	0.8%
	ACI	C	0.01%	0.1%	0.01%
	ACM	B	0.04%	0.16%	0.04%
	ADM	F	0.24%	0.3%	0.24%
	ADP	A	0.11%	0.09%	0.09%
	AES	F	0.01%	0.19%	0.01%
	AIZ	A	0.08%	0.1%	0.08%
	ALL	A	0.25%	0.39%	0.25%
	ALNY	D	0.07%	0.01%	0.01%
	ALSN	B	0.1%	0.11%	0.1%
	AMAT	F	0.55%	0.19%	0.19%
	AMG	C	0.06%	0.05%	0.05%
	AMGN	F	1.03%	0.15%	0.15%
	AMH	D	0.04%	0.16%	0.04%
	AMKR	F	0.03%	0.05%	0.03%
	AOS	F	0.09%	0.1%	0.09%
	ARMK	C	0.01%	0.12%	0.01%
	AVTR	F	0.03%	0.19%	0.03%
	AYI	A	0.1%	0.11%	0.1%
	AZO	C	0.28%	0.06%	0.06%
	BAC	A	0.42%	2.73%	0.42%
	BAX	F	0.05%	0.23%	0.05%
	BEN	C	0.02%	0.06%	0.02%
	BIIB	F	0.07%	0.1%	0.07%
	BK	B	0.18%	0.53%	0.18%
	BKNG	A	0.41%	0.12%	0.12%
	BLD	F	0.03%	0.13%	0.03%
	BLDR	D	0.04%	0.22%	0.04%
	BMRN	F	0.01%	0.05%	0.01%
	BMY	B	0.4%	1.43%	0.4%
	BR	A	0.16%	0.02%	0.02%
	C	B	0.65%	1.17%	0.65%
	CACI	B	0.11%	0.14%	0.11%
	CAG	F	0.04%	0.17%	0.04%
	CAH	B	0.25%	0.14%	0.14%
	CAT	B	0.2%	1.79%	0.2%
	CCL	A	0.02%	0.27%	0.02%
	CE	F	0.04%	0.11%	0.04%
	CI	D	0.13%	1.03%	0.13%
	CL	F	0.37%	0.42%	0.37%
	CLF	D	0.01%	0.05%	0.01%
	CMCSA	B	0.16%	1.11%	0.16%
	CME	B	0.14%	0.78%	0.14%
	CMI	B	0.13%	0.54%	0.13%
	CNC	F	0.05%	0.43%	0.05%
	CNM	D	0.01%	0.03%	0.01%
	COKE	D	0.02%	0.09%	0.02%
	CRBG	C	0.05%	0.07%	0.05%
	CRI	F	0.05%	0.02%	0.02%
	CROX	F	0.01%	0.06%	0.01%
	CRUS	F	0.04%	0.08%	0.04%
	CSCO	A	0.65%	3.42%	0.65%
	CSL	C	0.02%	0.19%	0.02%
	CSX	B	0.11%	0.73%	0.11%
	CTAS	A	0.19%	0.04%	0.04%
	CVX	B	0.39%	1.56%	0.39%
	CW	B	0.11%	0.15%	0.11%
	CWEN	D	0.01%	0.02%	0.01%
	CWEN	D	0.01%	0.04%	0.01%
	DCI	A	0.04%	0.1%	0.04%
	DDS	C	0.03%	0.01%	0.01%
	DELL	C	0.03%	0.47%	0.03%
	DHI	D	0.07%	0.62%	0.07%
	DINO	D	0.01%	0.04%	0.01%
	DKS	D	0.08%	0.12%	0.08%
	DTE	D	0.02%	0.44%	0.02%
	EA	A	0.17%	0.28%	0.17%
	EBAY	D	0.36%	0.37%	0.36%
	EIX	D	0.05%	0.53%	0.05%
	EME	B	0.04%	0.15%	0.04%
	ESAB	B	0.01%	0.08%	0.01%
	ETR	B	0.05%	0.53%	0.05%
	EVRG	A	0.02%	0.23%	0.02%
	EWBC	A	0.02%	0.13%	0.02%
	EXC	D	0.07%	0.66%	0.07%
	EXEL	B	0.05%	0.01%	0.01%
	EXP	B	0.07%	0.04%	0.04%
	EXPD	F	0.11%	0.16%	0.11%
	FANG	D	0.05%	0.2%	0.05%
	FCNCA	B	0.05%	0.22%	0.05%
	FFIV	B	0.06%	0.21%	0.06%
	FHN	B	0.01%	0.09%	0.01%
	FITB	A	0.04%	0.28%	0.04%
	FOXA	A	0.11%	0.07%	0.07%
	FTI	B	0.04%	0.07%	0.04%
	FTNT	A	0.06%	0.14%	0.06%
	G	B	0.05%	0.07%	0.05%
	GAP	C	0.06%	0.05%	0.05%
	GEN	A	0.1%	0.23%	0.1%
	GILD	B	0.87%	0.43%	0.43%
	GIS	F	0.19%	0.47%	0.19%
	GLPI	D	0.07%	0.18%	0.07%
	GNRC	B	0.05%	0.06%	0.05%
	HCA	D	0.27%	0.67%	0.27%
	HLT	A	0.09%	0.34%	0.09%
	HOLX	D	0.04%	0.23%	0.04%
	HPE	B	0.11%	0.4%	0.11%
	HPQ	B	0.29%	0.41%	0.29%
	HRB	D	0.08%	0.08%	0.08%
	HST	C	0.02%	0.16%	0.02%
	INCY	B	0.01%	0.04%	0.01%
	INGR	B	0.06%	0.12%	0.06%
	INVH	D	0.04%	0.27%	0.04%
	JHG	B	0.04%	0.05%	0.04%
	JLL	C	0.06%	0.12%	0.06%
	JNJ	F	1.27%	4.88%	1.27%
	JNPR	C	0.14%	0.19%	0.14%
	JPM	B	0.93%	4.78%	0.93%
	K	A	0.15%	0.26%	0.15%
	KEX	A	0.01%	0.08%	0.01%
	KHC	F	0.16%	0.36%	0.16%
	KMB	F	0.17%	0.33%	0.17%
	KR	A	0.37%	0.47%	0.37%
	L	B	0.06%	0.13%	0.06%
	LDOS	A	0.13%	0.28%	0.13%
	LEA	F	0.01%	0.06%	0.01%
	LECO	B	0.06%	0.09%	0.06%
	LEN	D	0.07%	0.5%	0.07%
	LEN	D	0.07%	0.02%	0.02%
	LMT	D	0.78%	0.88%	0.78%
	LNC	B	0.03%	0.05%	0.03%
	LPX	A	0.07%	0.03%	0.03%
	LYB	F	0.16%	0.32%	0.16%
	M	D	0.02%	0.05%	0.02%
	MAS	D	0.06%	0.2%	0.06%
	MCK	B	0.56%	0.5%	0.5%
	MET	C	0.32%	0.43%	0.32%
	MHK	D	0.01%	0.09%	0.01%
	MMC	C	0.2%	0.9%	0.2%
	MMM	D	0.58%	0.63%	0.58%
	MO	A	0.73%	1.14%	0.73%
	MOS	D	0.01%	0.13%	0.01%
	MPC	D	0.32%	0.31%	0.31%
	MRO	B	0.03%	0.09%	0.03%
	MSA	D	0.02%	0.07%	0.02%
	MSI	B	0.19%	0.6%	0.19%
	MTD	F	0.09%	0.38%	0.09%
	MTG	D	0.02%	0.06%	0.02%
	NEU	C	0.02%	0.05%	0.02%
	NI	A	0.02%	0.27%	0.02%
	NNN	F	0.01%	0.1%	0.01%
	NTAP	C	0.1%	0.2%	0.1%
	NUE	C	0.08%	0.5%	0.08%
	NVR	D	0.1%	0.33%	0.1%
	NWSA	B	0.04%	0.07%	0.04%
	NYT	C	0.03%	0.06%	0.03%
	OC	B	0.02%	0.17%	0.02%
	OGN	F	0.05%	0.05%	0.05%
	OLN	D	0.04%	0.07%	0.04%
	OTIS	D	0.08%	0.45%	0.08%
	PAYX	B	0.04%	0.32%	0.04%
	PHM	D	0.1%	0.33%	0.1%
	PINC	B	0.02%	0.03%	0.02%
	PK	B	0.06%	0.04%	0.04%
	PKG	B	0.1%	0.3%	0.1%
	PM	C	0.92%	2.57%	0.92%
	PPC	B	0.01%	0.02%	0.01%
	PPG	F	0.05%	0.42%	0.05%
	PRU	B	0.23%	0.41%	0.23%
	PSTG	D	0.04%	0.03%	0.03%
	PSX	D	0.22%	0.3%	0.22%
	PVH	C	0.02%	0.07%	0.02%
	QCOM	F	0.8%	0.18%	0.18%
	QRVO	F	0.01%	0.1%	0.01%
	R	B	0.07%	0.07%	0.07%
	REGN	F	0.4%	0.31%	0.31%
	RGA	A	0.06%	0.13%	0.06%
	RL	B	0.03%	0.1%	0.03%
	RPM	B	0.13%	0.18%	0.13%
	RPRX	F	0.03%	0.14%	0.03%
	RS	B	0.04%	0.24%	0.04%
	RYN	F	0.03%	0.06%	0.03%
	SAIC	B	0.01%	0.08%	0.01%
	SAM	B	0.02%	0.03%	0.02%
	SBAC	D	0.03%	0.32%	0.03%
	SEB	F	0.01%	0.01%	0.01%
	SEIC	A	0.08%	0.07%	0.07%
	SF	A	0.01%	0.1%	0.01%
	SKX	F	0.02%	0.09%	0.02%
	SLM	B	0.05%	0.04%	0.04%
	SMG	C	0.05%	0.06%	0.05%
	SON	F	0.04%	0.07%	0.04%
	SPG	B	0.16%	0.56%	0.16%
	SSNC	C	0.02%	0.17%	0.02%
	STLD	B	0.04%	0.29%	0.04%
	SYF	B	0.27%	0.21%	0.21%
	T	C	0.74%	1.07%	0.74%
	TAP	B	0.08%	0.12%	0.08%
	TER	D	0.03%	0.02%	0.02%
	TGT	C	0.75%	0.85%	0.75%
	THC	B	0.28%	0.21%	0.21%
	THO	B	0.07%	0.07%	0.07%
	TJX	B	0.36%	0.63%	0.36%
	TOL	B	0.06%	0.19%	0.06%
	TPR	B	0.01%	0.14%	0.01%
	TROW	B	0.09%	0.24%	0.09%
	UAL	A	0.01%	0.29%	0.01%
	UGI	D	0.01%	0.08%	0.01%
	UNM	A	0.04%	0.11%	0.04%
	UNP	D	0.51%	0.82%	0.51%
	UPS	D	0.25%	1.08%	0.25%
	UTHR	B	0.19%	0.06%	0.06%
	VIRT	B	0.05%	0.02%	0.02%
	VLO	D	0.16%	0.25%	0.16%
	VRSN	C	0.04%	0.21%	0.04%
	VRTX	B	0.23%	0.25%	0.23%
	VTRS	B	0.13%	0.17%	0.13%
	WAB	B	0.05%	0.37%	0.05%
	WCC	B	0.08%	0.09%	0.08%
	WFC	B	0.87%	2.16%	0.87%
	WH	A	0.04%	0.07%	0.04%
	WPC	F	0.03%	0.16%	0.03%
	WSM	F	0.19%	0.08%	0.08%
	WTFC	A	0.01%	0.07%	0.01%
	WTW	A	0.11%	0.3%	0.11%
	WU	F	0.06%	0.03%	0.03%
	XOM	B	0.44%	3.16%	0.44%
	XRAY	F	0.03%	0.06%	0.03%
	ZION	B	0.02%	0.07%	0.02%

MFUS Overweight 598 Positions Relative to REVS

	Symbol	Grade	Weight
	LLY	D	2.52%
	META	B	2.36%
	BRK.A	C	2.36%
	NVDA	A	1.82%
	WMT	A	1.72%
	AMZN	B	1.64%
	AVGO	B	1.63%
	ORCL	A	1.42%
	COST	B	1.33%
	KO	F	1.07%
	IBM	D	1.07%
	PG	D	1.03%
	VZ	D	1.03%
	AAPL	D	0.96%
	MRK	F	0.89%
	UNH	B	0.77%
	PEP	F	0.76%
	CVS	F	0.66%
	PFE	F	0.62%
	HD	B	0.62%
	PGR	B	0.57%
	GE	C	0.56%
	MCD	D	0.54%
	NFLX	A	0.48%
	TMUS	A	0.42%
	GM	B	0.37%
	NOC	C	0.37%
	LOW	B	0.36%
	AIG	C	0.36%
	GS	B	0.36%
	NOW	A	0.34%
	CHTR	B	0.3%
	TXN	B	0.3%
	V	A	0.3%
	TMO	F	0.3%
	SPGI	D	0.29%
	ICE	D	0.29%
	WM	A	0.28%
	ISRG	A	0.28%
	MA	A	0.28%
	LHX	B	0.27%
	COF	B	0.27%
	DHR	F	0.26%
	AON	A	0.25%
	ANF	D	0.25%
	GD	A	0.25%
	NEE	D	0.24%
	KLAC	F	0.24%
	SFM	B	0.24%
	ACN	C	0.24%
	MDLZ	F	0.24%
	PANW	A	0.23%
	FICO	A	0.22%
	AXP	B	0.22%
	SHW	B	0.22%
	UBER	F	0.22%
	BBY	D	0.22%
	RTX	C	0.22%
	GLW	B	0.21%
	GWW	B	0.21%
	AFL	C	0.21%
	LII	B	0.21%
	TRV	B	0.2%
	ORLY	A	0.2%
	CMG	B	0.2%
	BSX	A	0.2%
	VST	B	0.2%
	MS	A	0.2%
	INTC	C	0.19%
	LRCX	F	0.18%
	BAH	C	0.18%
	NEM	F	0.18%
	FI	A	0.18%
	MU	C	0.17%
	AMP	A	0.17%
	TSN	C	0.17%
	COR	A	0.17%
	RMD	B	0.17%
	DECK	B	0.16%
	CASY	A	0.16%
	CB	D	0.16%
	PLTR	B	0.16%
	WSO	A	0.16%
	VRSK	A	0.16%
	ELV	F	0.16%
	ANET	C	0.15%
	AMT	F	0.15%
	HWM	B	0.15%
	MUSA	B	0.15%
	F	C	0.15%
	AJG	B	0.15%
	TDG	B	0.15%
	DVA	C	0.15%
	YUM	B	0.14%
	PH	B	0.14%
	DUK	D	0.14%
	MCO	C	0.14%
	KKR	B	0.14%
	IT	A	0.14%
	FAST	B	0.13%
	SYY	B	0.13%
	CLX	B	0.13%
	WBA	D	0.13%
	DPZ	C	0.13%
	IRM	C	0.13%
	RSG	A	0.13%
	CHRW	B	0.13%
	SO	D	0.13%
	EVR	B	0.12%
	PYPL	B	0.12%
	PWR	B	0.12%
	BRO	A	0.12%
	BX	B	0.12%
	APH	B	0.12%
	WELL	B	0.12%
	BDX	D	0.12%
	XYL	D	0.11%
	BWXT	A	0.11%
	PNC	A	0.11%
	CEG	D	0.11%
	GDDY	A	0.11%
	TSCO	D	0.11%
	JKHY	C	0.11%
	EXR	D	0.11%
	EFX	D	0.11%
	SBUX	B	0.1%
	DG	F	0.1%
	PSA	D	0.1%
	TRGP	A	0.1%
	WMB	A	0.1%
	AVY	F	0.1%
	CRS	B	0.1%
	KMI	A	0.1%
	JXN	B	0.1%
	DASH	A	0.1%
	DD	D	0.1%
	ITW	B	0.1%
	USB	B	0.1%
	ARES	B	0.09%
	GPI	B	0.09%
	IEX	B	0.09%
	LSTR	B	0.09%
	ADSK	B	0.09%
	DGX	A	0.09%
	OKE	A	0.09%
	CALM	A	0.09%
	URI	B	0.09%
	DLR	B	0.09%
	DFS	B	0.09%
	IP	B	0.09%
	EHC	B	0.09%
	RCL	A	0.09%
	TMHC	C	0.09%
	ABG	B	0.08%
	HCC	C	0.08%
	GEHC	D	0.08%
	EMR	A	0.08%
	STE	F	0.08%
	FIS	C	0.08%
	HLI	B	0.08%
	AEO	F	0.08%
	TFC	A	0.08%
	MPWR	F	0.08%
	ITT	A	0.08%
	SMCI	F	0.08%
	CPRT	B	0.08%
	ATR	A	0.08%
	EQH	B	0.08%
	GPK	D	0.08%
	ECL	D	0.08%
	MLI	B	0.08%
	TYL	B	0.08%
	SLG	C	0.08%
	WDC	D	0.08%
	AEP	D	0.08%
	IR	A	0.08%
	CNX	B	0.07%
	MSCI	B	0.07%
	COIN	B	0.07%
	CHD	B	0.07%
	NSC	B	0.07%
	SCI	B	0.07%
	BCC	B	0.07%
	COP	C	0.07%
	TTWO	A	0.07%
	BKR	B	0.07%
	MLM	B	0.07%
	NRG	B	0.07%
	POOL	D	0.07%
	BALL	D	0.07%
	D	D	0.07%
	MNST	B	0.07%
	CCI	F	0.07%
	KDP	D	0.07%
	SRE	A	0.07%
	VNO	C	0.07%
	BTU	C	0.06%
	HSY	D	0.06%
	ATGE	B	0.06%
	CMC	B	0.06%
	NXST	C	0.06%
	FCN	D	0.06%
	KTB	B	0.06%
	STZ	D	0.06%
	CHE	D	0.06%
	TPH	D	0.06%
	TW	B	0.06%
	BC	D	0.06%
	HIG	C	0.06%
	WAT	B	0.06%
	CPT	C	0.06%
	PEG	D	0.06%
	WEN	C	0.06%
	SEE	C	0.06%
	ED	D	0.06%
	MKC	D	0.06%
	MMS	C	0.06%
	TXRH	B	0.06%
	O	D	0.06%
	LPLA	A	0.06%
	NKE	F	0.06%
	JCI	B	0.06%
	AN	D	0.06%
	MSM	B	0.06%
	CCK	B	0.06%
	MTH	D	0.06%
	TTC	D	0.06%
	ROP	B	0.06%
	UHS	D	0.06%
	OMC	B	0.06%
	BERY	C	0.06%
	APP	A	0.06%
	ROL	B	0.06%
	UFPI	B	0.06%
	SKYW	B	0.06%
	CPB	F	0.05%
	URBN	C	0.05%
	ERIE	F	0.05%
	SCHW	A	0.05%
	NFG	C	0.05%
	WST	C	0.05%
	MTN	D	0.05%
	USFD	A	0.05%
	NDAQ	B	0.05%
	COOP	B	0.05%
	GVA	B	0.05%
	HBI	B	0.05%
	CARR	D	0.05%
	GNTX	C	0.05%
	SLGN	A	0.05%
	CBRE	B	0.05%
	TEX	C	0.05%
	ANSS	B	0.05%
	IDXX	D	0.05%
	ALLY	C	0.05%
	POST	D	0.05%
	SUI	F	0.05%
	ZTS	F	0.05%
	BFH	B	0.05%
	CBT	B	0.05%
	A	F	0.05%
	IBKR	A	0.05%
	LUMN	B	0.05%
	LAMR	D	0.05%
	NSIT	F	0.05%
	SQ	A	0.05%
	FIX	B	0.05%
	MTB	B	0.04%
	ESS	C	0.04%
	DOX	A	0.04%
	ADBE	C	0.04%
	EQR	D	0.04%
	CFG	B	0.04%
	TRN	A	0.04%
	BJ	B	0.04%
	CDP	C	0.04%
	PPL	A	0.04%
	ES	F	0.04%
	SEM	B	0.04%
	CLH	B	0.04%
	AVT	C	0.04%
	BDC	B	0.04%
	LANC	B	0.04%
	ELS	C	0.04%
	AGNC	D	0.04%
	CVLT	B	0.04%
	JWN	B	0.04%
	SANM	B	0.04%
	RUSHA	B	0.04%
	HUBG	B	0.04%
	PRIM	B	0.04%
	FDS	A	0.04%
	WTM	A	0.04%
	GBX	A	0.04%
	SLVM	C	0.04%
	HEI	C	0.04%
	EMN	D	0.04%
	BHF	B	0.04%
	ULTA	C	0.04%
	AROC	B	0.04%
	FLO	F	0.04%
	GEO	B	0.04%
	FL	D	0.04%
	CMA	B	0.04%
	ATI	D	0.04%
	LOPE	B	0.04%
	NBIX	C	0.04%
	CPNG	C	0.04%
	CTVA	C	0.04%
	GATX	B	0.04%
	TKR	F	0.04%
	SIG	B	0.04%
	PTC	B	0.04%
	VTR	C	0.04%
	ARW	F	0.04%
	MAC	B	0.04%
	CUBE	D	0.04%
	AR	B	0.04%
	MAR	A	0.04%
	ZBRA	A	0.04%
	KD	B	0.04%
	TDS	B	0.04%
	RGLD	C	0.04%
	SJM	F	0.04%
	IPG	F	0.04%
	CNO	B	0.04%
	THG	A	0.04%
	VLTO	D	0.04%
	SRCL	B	0.04%
	TGNA	B	0.04%
	MHO	D	0.04%
	MOG.A	B	0.04%
	NDSN	B	0.04%
	ABM	B	0.04%
	FLEX	B	0.04%
	UNF	B	0.03%
	DRH	B	0.03%
	HXL	D	0.03%
	ORA	C	0.03%
	BKE	A	0.03%
	APAM	B	0.03%
	OI	D	0.03%
	DLTR	F	0.03%
	OMF	B	0.03%
	BURL	C	0.03%
	FNF	C	0.03%
	TFX	F	0.03%
	DRI	B	0.03%
	WHR	B	0.03%
	VC	D	0.03%
	FHI	A	0.03%
	BKU	B	0.03%
	NTRS	A	0.03%
	AKAM	F	0.03%
	UDR	D	0.03%
	MAN	F	0.03%
	PRG	C	0.03%
	CG	B	0.03%
	PLXS	B	0.03%
	APLE	B	0.03%
	COHR	B	0.03%
	LBRDK	B	0.03%
	MC	B	0.03%
	BFAM	F	0.03%
	RLI	A	0.03%
	HBAN	A	0.03%
	GMS	B	0.03%
	GNW	A	0.03%
	AVB	B	0.03%
	CPAY	A	0.03%
	TPX	C	0.03%
	LW	C	0.03%
	GGG	B	0.03%
	AVA	C	0.03%
	JBL	B	0.03%
	X	B	0.03%
	SM	C	0.03%
	CDW	F	0.03%
	MASI	B	0.03%
	DBRG	F	0.03%
	SHOO	D	0.03%
	CMS	D	0.03%
	MATX	B	0.03%
	XPO	B	0.03%
	HUBB	B	0.03%
	FE	D	0.03%
	ASO	F	0.03%
	OSK	B	0.03%
	IVZ	C	0.03%
	HOOD	B	0.03%
	KBH	D	0.03%
	MANH	C	0.03%
	MORN	A	0.03%
	IFF	F	0.03%
	COLD	F	0.03%
	AWI	A	0.03%
	HSIC	F	0.03%
	PHIN	B	0.02%
	REZI	A	0.02%
	HE	F	0.02%
	TTMI	A	0.02%
	DNOW	B	0.02%
	RF	A	0.02%
	LAUR	B	0.02%
	WAL	B	0.02%
	LXP	D	0.02%
	SNV	B	0.02%
	BHE	B	0.02%
	UHAL	C	0.02%
	SATS	C	0.02%
	KIM	B	0.02%
	ATO	A	0.02%
	AA	C	0.02%
	AXTA	B	0.02%
	JBLU	D	0.02%
	LEG	F	0.02%
	TTEK	C	0.02%
	ODFL	B	0.02%
	OSIS	C	0.02%
	VSH	F	0.02%
	ANDE	D	0.02%
	TDC	D	0.02%
	LAD	B	0.02%
	HNI	B	0.02%
	APG	B	0.02%
	HP	C	0.02%
	BXP	D	0.02%
	WKC	D	0.02%
	SNDR	A	0.02%
	NSP	F	0.02%
	BRKR	F	0.02%
	NAVI	C	0.02%
	MDU	F	0.02%
	PNR	B	0.02%
	ODP	F	0.02%
	RHI	B	0.02%
	HRL	F	0.02%
	DOW	F	0.02%
	PMT	F	0.02%
	MAA	C	0.02%
	VFC	C	0.02%
	LNT	C	0.02%
	VVV	B	0.02%
	RLJ	C	0.02%
	EPC	F	0.02%
	LNW	C	0.02%
	APOG	B	0.02%
	DOV	A	0.02%
	PFSI	D	0.02%
	YELP	C	0.02%
	PBF	F	0.02%
	NWL	B	0.02%
	AIR	C	0.02%
	SXT	B	0.02%
	NTCT	B	0.02%
	VSCO	B	0.02%
	GWRE	A	0.02%
	CINF	A	0.02%
	MCY	B	0.02%
	XHR	B	0.02%
	DLB	C	0.02%
	OHI	B	0.02%
	DORM	B	0.02%
	AGCO	F	0.02%
	HAE	B	0.02%
	CTLT	C	0.02%
	PAG	C	0.02%
	SBH	C	0.02%
	CC	D	0.02%
	GHC	B	0.02%
	FAF	D	0.02%
	HOG	F	0.02%
	CXW	B	0.02%
	KBR	B	0.02%
	GEF	A	0.02%
	WMS	F	0.02%
	RRC	B	0.02%
	HII	D	0.02%
	KSS	F	0.02%
	KMPR	A	0.02%
	DK	D	0.02%
	THS	F	0.02%
	STC	C	0.02%
	VSTO	A	0.02%
	GMED	B	0.02%
	KEY	B	0.02%
	ADNT	F	0.02%
	PDCO	D	0.02%
	WRB	B	0.02%
	LZB	C	0.02%
	PSN	A	0.02%
	PNM	B	0.02%
	ACA	B	0.02%
	JBHT	B	0.02%
	MKTX	C	0.02%
	WERN	B	0.02%
	JEF	B	0.02%
	AAP	D	0.01%
	SVC	F	0.01%
	NOV	D	0.01%
	KNX	B	0.01%
	CPRI	F	0.01%
	SCL	C	0.01%
	UHAL	C	0.01%
	RKT	D	0.01%
	ELAN	D	0.01%
	MLKN	D	0.01%
	MKSI	D	0.01%
	PARA	C	0.01%
	CACC	F	0.01%
	IMKTA	C	0.01%
	CNXN	C	0.01%
	WOR	D	0.01%
	ECPG	B	0.01%
	ARI	D	0.01%
	IGT	D	0.01%
	RDN	C	0.01%
	HTH	B	0.01%
	GIII	C	0.01%
	UVV	B	0.01%
	SR	C	0.01%
	WGO	B	0.01%
	SSB	B	0.01%
	ARCH	B	0.01%
	CVI	F	0.01%
	ALEX	B	0.01%
	PNW	B	0.01%
	OUT	C	0.01%
	RVTY	C	0.01%
	PB	A	0.01%
	XRX	F	0.01%
	SWX	B	0.01%
	KALU	B	0.01%
	CNS	B	0.01%
	CENTA	C	0.01%
	ESI	B	0.01%
	SHO	B	0.01%
	SPR	F	0.01%
	WAFD	B	0.01%
	JELD	F	0.01%
	JBGS	F	0.01%
	SIGI	B	0.01%
	PECO	B	0.01%
	PFG	C	0.01%
	AMED	F	0.01%
	WMK	B	0.01%
	CFR	B	0.01%
	OMI	F	0.01%
	BRC	B	0.01%
	DY	C	0.01%
	FDP	B	0.01%
	STRA	C	0.01%
	DAN	F	0.01%
	FELE	B	0.01%
	SPB	A	0.01%
	KN	B	0.01%
	ONB	A	0.01%
	CBSH	A	0.01%
	IDCC	A	0.01%
	TNET	D	0.01%
	DXC	B	0.01%
	CSGS	B	0.01%
	CADE	B	0.01%
	ESNT	D	0.01%
	BBWI	C	0.01%
	LADR	B	0.01%
	CR	B	0.01%
	FLR	C	0.01%
	WWD	B	0.01%
	H	C	0.01%
	MUR	F	0.01%
	RBC	B	0.01%
	DTM	A	0.01%
	GOLF	B	0.01%
	GES	F	0.01%
	SLB	D	0.01%
	ALGN	D	0.01%
	IOSP	B	0.01%
	GME	C	0.01%
	PTEN	D	0.01%
	SCS	C	0.01%
	NNI	C	0.01%
	SAH	B	0.01%
	PSMT	D	0.01%
	AMWD	B	0.01%
	ICUI	C	0.01%
	ADC	B	0.01%
	BWA	B	0.01%
	VNT	B	0.01%
	WBS	B	0.01%
	FYBR	D	0.01%
	DEI	C	0.01%
	GT	C	0.01%
	FR	D	0.01%
	SCCO	D	0.0%
	NOMD	F	0.0%
	WOLF	F	0.0%
	HUN	F	0.0%

MFUS Underweight 84 Positions Relative to REVS

	Symbol	Grade	Weight
	MDT	D	-1.45%
	DIS	C	-1.21%
	EQIX	C	-1.09%
	PCG	A	-0.74%
	FDX	B	-0.69%
	TT	A	-0.65%
	CRM	B	-0.64%
	XEL	A	-0.63%
	PCAR	B	-0.62%
	ROST	F	-0.43%
	DAL	A	-0.42%
	EOG	B	-0.41%
	SW	C	-0.4%
	AEE	A	-0.4%
	CSGP	D	-0.4%
	WY	F	-0.31%
	ZM	A	-0.31%
	FTV	D	-0.28%
	STT	B	-0.27%
	GPN	B	-0.26%
	RJF	A	-0.26%
	ARE	F	-0.26%
	CF	B	-0.23%
	CBOE	D	-0.21%
	SWKS	F	-0.21%
	OXY	F	-0.2%
	SNA	A	-0.19%
	CVNA	B	-0.19%
	TWLO	B	-0.18%
	NTNX	B	-0.17%
	SWK	F	-0.16%
	EPAM	C	-0.15%
	SNX	C	-0.14%
	CIEN	B	-0.14%
	BG	D	-0.14%
	SOLV	C	-0.13%
	EG	D	-0.12%
	BRBR	A	-0.11%
	BRX	B	-0.11%
	WYNN	F	-0.1%
	OKTA	C	-0.1%
	MGM	F	-0.1%
	CTRA	C	-0.1%
	GL	B	-0.09%
	JAZZ	B	-0.09%
	STAG	F	-0.09%
	FLS	B	-0.08%
	MIDD	C	-0.08%
	MRNA	F	-0.07%
	BILL	A	-0.07%
	COLB	B	-0.06%
	AXS	B	-0.06%
	ASH	F	-0.06%
	KRC	C	-0.06%
	OLED	F	-0.06%
	XP	F	-0.06%
	MTCH	F	-0.06%
	DBX	B	-0.06%
	WLK	F	-0.06%
	OZK	B	-0.05%
	EPR	D	-0.05%
	GTES	B	-0.05%
	HIW	D	-0.05%
	ROKU	C	-0.05%
	FOX	A	-0.04%
	ALGM	F	-0.04%
	TNL	A	-0.04%
	EEFT	C	-0.04%
	SIRI	C	-0.04%
	PRGO	C	-0.04%
	EXAS	F	-0.03%
	AZTA	D	-0.03%
	COLM	B	-0.03%
	REYN	D	-0.02%
	ROIV	D	-0.02%
	CIVI	F	-0.02%
	NWS	B	-0.02%
	ADTN	B	-0.02%
	INFA	D	-0.02%
	CNA	D	-0.01%
	PATH	C	-0.01%
	LSCC	C	-0.01%
	IONS	F	-0.0%
	PLTK	B	-0.0%

MFUS: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Asset Management Business Services Packaged Foods Software - Application Specialty Chemicals Specialty Retail Utilities - Regulated Electric Capital Markets Credit Services Aerospace & Defense Insurance - Property & Casualty REIT - Diversified Building Materials Engineering & Construction Medical Instruments & Supplies Packaging & Containers Information Technology Services REIT - Residential

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Chemical Real Estate Investment Trust Aerospace Banking Bank Computing Mining Electricity Electronics Telecommunications Transport Beverage Clothing Dow Jones Component Retail Store Retailing

REVS: Top Represented Industries & Keywords

Industries: Biotechnology Diversified Industrials Asset Management Business Services Banks - Regional - US Packaged Foods Semiconductors Software - Infrastructure Specialty Chemicals Utilities - Regulated Electric Building Materials Communication Equipment Drug Manufacturers - Major Oil & Gas E&P Banks - Global Insurance - Life Residential Construction Software - Application Specialty Retail Apparel Manufacturing

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Bank Insurance Banking Electricity Mining Biotechnology Electronics Real Estate Investment Trust Telecommunications Chemical Clothing Life Insurance Medicine Building Materials Plastic Aerospace