MFUS vs. ROUS ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to Lattice U.S. Equity Strategy ETF (ROUS)

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

$49.94

Average Daily Volume

7,919

Number of Holdings ^*

809

* may have additional holdings in another (foreign) market

ROUS

Lattice U.S. Equity Strategy ETF

ROUS Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Lattice Risk-Optimized US Large Cap Equity Strategy Index (LROUSLX). The fund generally invests at least 80 percent of its assets in securities of the index and in depositary receipts representing securities of the index. The index seeks to improve returns through a market cycle relative to traditional cap-weighted U.S. equity market indices and active U.S. equity market strategies.

Grade (RS Rating)

Last Trade

$51.31

Average Daily Volume

24,260

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	ROUS
30 Days	0.78%	1.27%
60 Days	6.77%	5.89%
90 Days	5.67%	6.90%
12 Months	34.60%	30.74%

276 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in ROUS	Overlap
AAPL	C	0.97%	1.24%	0.97%
ABBV	B	1.56%	0.98%	0.98%
ACI	F	0.01%	0.41%	0.01%
ACN	B	0.23%	0.44%	0.23%
ADBE	F	0.04%	0.16%	0.04%
ADC	B	0.01%	0.17%	0.01%
ADM	F	0.25%	0.03%	0.03%
ADSK	C	0.08%	0.04%	0.04%
AEP	C	0.09%	0.24%	0.09%
AFL	A	0.22%	0.33%	0.22%
AIG	F	0.34%	0.02%	0.02%
AIZ	B	0.08%	0.08%	0.08%
AKAM	D	0.03%	0.05%	0.03%
ALL	C	0.26%	0.13%	0.13%
ALSN	A	0.09%	0.4%	0.09%
AMAT	B	0.59%	0.33%	0.33%
AMGN	D	1.01%	0.39%	0.39%
AMZN	C	1.6%	0.48%	0.48%
AN	D	0.07%	0.24%	0.07%
ANET	A	0.14%	0.32%	0.14%
ANF	F	0.24%	0.04%	0.04%
AOS	B	0.1%	0.02%	0.02%
APH	D	0.11%	0.53%	0.11%
ARW	C	0.05%	0.22%	0.05%
ATR	A	0.08%	0.07%	0.07%
AVB	C	0.03%	0.12%	0.03%
AVGO	C	1.68%	0.67%	0.67%
AVT	C	0.04%	0.72%	0.04%
AVY	D	0.1%	0.01%	0.01%
AWI	A	0.03%	0.04%	0.03%
AYI	A	0.08%	0.19%	0.08%
AZO	D	0.29%	0.32%	0.29%
BAC	D	0.39%	0.1%	0.1%
BAH	A	0.15%	0.18%	0.15%
BBY	C	0.23%	0.39%	0.23%
BJ	C	0.03%	0.09%	0.03%
BK	C	0.17%	0.45%	0.17%
BKNG	C	0.36%	0.22%	0.22%
BLDR	B	0.04%	0.13%	0.04%
BMY	B	0.36%	0.26%	0.26%
BR	B	0.16%	0.05%	0.05%
BRK.A	C	2.37%	0.71%	0.71%
BSX	A	0.2%	0.14%	0.14%
C	C	0.63%	0.31%	0.31%
CACI	A	0.09%	0.25%	0.09%
CAH	B	0.24%	0.16%	0.16%
CASY	D	0.15%	0.24%	0.15%
CAT	A	0.2%	0.2%	0.2%
CB	B	0.17%	0.34%	0.17%
CBT	C	0.05%	0.17%	0.05%
CCI	C	0.08%	0.04%	0.04%
CDW	D	0.04%	0.43%	0.04%
CHE	C	0.06%	0.14%	0.06%
CHRW	C	0.14%	0.38%	0.14%
CHTR	D	0.25%	0.02%	0.02%
CI	D	0.15%	0.26%	0.15%
CINF	B	0.02%	0.46%	0.02%
CL	D	0.41%	0.49%	0.41%
CMC	D	0.05%	0.14%	0.05%
CMCSA	C	0.16%	0.35%	0.16%
CMI	A	0.13%	0.43%	0.13%
CNC	F	0.06%	0.12%	0.06%
COF	C	0.24%	0.03%	0.03%
COKE	C	0.03%	0.13%	0.03%
COP	D	0.07%	0.08%	0.07%
COST	C	1.36%	0.56%	0.56%
CRBG	B	0.04%	0.22%	0.04%
CRUS	D	0.04%	0.39%	0.04%
CSCO	A	0.61%	0.78%	0.61%
CTAS	C	0.19%	0.42%	0.19%
CVLT	C	0.04%	0.71%	0.04%
CVS	C	0.71%	0.49%	0.49%
CVX	B	0.36%	0.19%	0.19%
D	A	0.07%	0.04%	0.04%
DCI	C	0.04%	0.23%	0.04%
DELL	C	0.03%	0.85%	0.03%
DGX	C	0.09%	0.27%	0.09%
DHI	C	0.07%	0.22%	0.07%
DKS	D	0.09%	0.24%	0.09%
DLB	C	0.02%	0.24%	0.02%
DOV	B	0.02%	0.13%	0.02%
DTE	A	0.02%	0.25%	0.02%
DUK	B	0.14%	0.31%	0.14%
DY	C	0.01%	0.19%	0.01%
EA	D	0.16%	0.68%	0.16%
EBAY	A	0.38%	0.34%	0.34%
ECL	B	0.08%	0.19%	0.08%
ED	A	0.06%	0.26%	0.06%
EHC	B	0.09%	0.02%	0.02%
EIX	B	0.05%	0.12%	0.05%
ELV	F	0.2%	0.54%	0.2%
EME	C	0.04%	0.35%	0.04%
EQR	C	0.04%	0.13%	0.04%
ETR	A	0.04%	0.33%	0.04%
EXC	A	0.07%	0.09%	0.07%
EXEL	B	0.04%	0.22%	0.04%
FANG	C	0.05%	0.11%	0.05%
FAST	C	0.11%	0.44%	0.11%
FCN	C	0.06%	0.17%	0.06%
FE	C	0.03%	0.18%	0.03%
FELE	C	0.01%	0.04%	0.01%
FFIV	B	0.06%	0.39%	0.06%
FHN	D	0.01%	0.02%	0.01%
FICO	A	0.21%	0.57%	0.21%
FITB	C	0.04%	0.16%	0.04%
FLEX	C	0.04%	0.13%	0.04%
FLO	D	0.04%	0.21%	0.04%
FOXA	A	0.1%	0.52%	0.1%
FTNT	B	0.06%	0.06%	0.06%
GD	C	0.24%	0.07%	0.07%
GDDY	D	0.1%	0.45%	0.1%
GILD	A	0.79%	0.64%	0.64%
GIS	C	0.2%	0.17%	0.17%
GLPI	A	0.07%	0.08%	0.07%
GLW	C	0.19%	0.53%	0.19%
GPI	C	0.09%	0.27%	0.09%
GPK	D	0.08%	0.25%	0.08%
GWRE	A	0.02%	0.06%	0.02%
GWW	B	0.19%	0.53%	0.19%
HBAN	D	0.03%	0.2%	0.03%
HCA	C	0.3%	0.23%	0.23%
HD	A	0.6%	0.81%	0.6%
HPE	B	0.1%	0.84%	0.1%
HPQ	B	0.29%	1.1%	0.29%
HRB	C	0.08%	0.54%	0.08%
HSY	F	0.06%	0.29%	0.06%
HUBB	B	0.03%	0.09%	0.03%
IBM	A	1.14%	0.9%	0.9%
INCY	B	0.01%	0.37%	0.01%
INGR	B	0.06%	0.08%	0.06%
IP	C	0.08%	0.04%	0.04%
IRM	A	0.12%	0.19%	0.12%
IT	B	0.14%	0.55%	0.14%
ITW	B	0.1%	0.26%	0.1%
JBL	C	0.03%	0.16%	0.03%
JCI	C	0.06%	0.03%	0.03%
JHG	B	0.04%	0.07%	0.04%
JNJ	D	1.28%	1.17%	1.17%
JNPR	B	0.13%	0.41%	0.13%
JPM	D	0.88%	0.71%	0.71%
KD	D	0.04%	0.18%	0.04%
KLAC	B	0.28%	0.35%	0.28%
KMB	D	0.18%	0.42%	0.18%
KO	C	1.16%	0.1%	0.1%
KR	C	0.37%	0.81%	0.37%
L	D	0.06%	0.1%	0.06%
LAMR	C	0.05%	0.14%	0.05%
LDOS	A	0.11%	0.1%	0.1%
LII	C	0.22%	0.12%	0.12%
LLY	D	2.87%	0.89%	0.89%
LMT	A	0.82%	0.41%	0.41%
LNC	D	0.03%	0.05%	0.03%
LOPE	D	0.04%	0.22%	0.04%
LOW	A	0.34%	0.31%	0.31%
LRCX	D	0.19%	0.2%	0.19%
LSTR	F	0.09%	0.23%	0.09%
LYB	F	0.18%	0.21%	0.18%
MA	A	0.27%	0.38%	0.27%
MANH	C	0.04%	0.25%	0.04%
MAS	A	0.06%	0.28%	0.06%
MCD	A	0.55%	0.15%	0.15%
MCK	F	0.5%	0.44%	0.44%
META	A	2.37%	0.78%	0.78%
MLI	C	0.07%	0.32%	0.07%
MMM	C	0.63%	0.16%	0.16%
MMS	C	0.06%	0.09%	0.06%
MO	D	0.66%	0.56%	0.56%
MOG.A	C	0.04%	0.04%	0.04%
MPC	C	0.36%	0.27%	0.27%
MPWR	B	0.1%	0.01%	0.01%
MRK	F	1.0%	0.99%	0.99%
MSA	F	0.03%	0.02%	0.02%
MSI	A	0.18%	0.76%	0.18%
MTB	C	0.03%	0.52%	0.03%
MTD	B	0.1%	0.13%	0.1%
MTG	B	0.03%	0.14%	0.03%
MTH	C	0.07%	0.01%	0.01%
MUSA	D	0.15%	0.61%	0.15%
NEE	A	0.25%	0.1%	0.1%
NFG	A	0.05%	0.24%	0.05%
NNN	A	0.01%	0.08%	0.01%
NOC	B	0.38%	0.09%	0.09%
NOW	C	0.31%	0.04%	0.04%
NRG	A	0.07%	0.51%	0.07%
NSIT	B	0.07%	0.45%	0.07%
NTAP	D	0.1%	1.07%	0.1%
NVDA	B	1.64%	0.86%	0.86%
NVR	B	0.1%	0.23%	0.1%
NWSA	D	0.04%	0.03%	0.03%
NXST	F	0.05%	0.05%	0.05%
NYT	C	0.04%	0.36%	0.04%
O	A	0.06%	0.15%	0.06%
OC	C	0.02%	0.18%	0.02%
OGN	F	0.05%	0.26%	0.05%
OHI	C	0.02%	0.02%	0.02%
OMC	C	0.06%	0.15%	0.06%
ONB	D	0.01%	0.01%	0.01%
ORCL	C	1.38%	0.59%	0.59%
ORLY	A	0.19%	0.36%	0.19%
OTIS	A	0.08%	0.3%	0.08%
PANW	D	0.22%	0.12%	0.12%
PAYX	A	0.04%	0.02%	0.02%
PEG	A	0.06%	0.25%	0.06%
PEP	F	0.77%	0.29%	0.29%
PG	D	1.04%	0.67%	0.67%
PGR	C	0.6%	0.23%	0.23%
PHM	A	0.11%	0.32%	0.11%
PKG	B	0.07%	0.21%	0.07%
PM	D	0.83%	0.32%	0.32%
PNC	C	0.11%	0.19%	0.11%
PPG	D	0.05%	0.18%	0.05%
PPL	B	0.04%	0.19%	0.04%
PRU	C	0.23%	0.24%	0.23%
PSA	C	0.1%	0.07%	0.07%
PSTG	F	0.04%	0.12%	0.04%
PSX	D	0.23%	0.03%	0.03%
PTC	D	0.04%	0.06%	0.04%
QCOM	C	0.8%	0.55%	0.55%
R	C	0.07%	0.21%	0.07%
RDN	D	0.01%	0.2%	0.01%
REGN	D	0.49%	0.23%	0.23%
RF	C	0.01%	0.24%	0.01%
RGA	C	0.06%	0.14%	0.06%
RHI	D	0.02%	0.26%	0.02%
RL	B	0.03%	0.13%	0.03%
RMD	C	0.17%	0.32%	0.17%
ROL	C	0.07%	0.14%	0.07%
ROP	C	0.06%	0.2%	0.06%
RPM	B	0.12%	0.41%	0.12%
RS	D	0.04%	0.38%	0.04%
RSG	C	0.13%	0.19%	0.13%
SANM	D	0.03%	0.33%	0.03%
SEE	D	0.06%	0.02%	0.02%
SFM	A	0.2%	0.11%	0.11%
SHW	C	0.22%	0.51%	0.22%
SKX	D	0.02%	0.19%	0.02%
SLGN	C	0.05%	0.02%	0.02%
SO	A	0.13%	0.27%	0.13%
SON	D	0.04%	0.22%	0.04%
SPG	A	0.16%	0.06%	0.06%
SRE	B	0.08%	0.06%	0.06%
STLD	B	0.04%	0.27%	0.04%
SYF	B	0.24%	0.24%	0.24%
SYY	D	0.13%	0.27%	0.13%
T	A	0.74%	0.88%	0.74%
TER	C	0.04%	0.44%	0.04%
TGT	D	0.77%	0.12%	0.12%
TJX	D	0.38%	0.28%	0.28%
TMUS	A	0.38%	0.66%	0.38%
TRV	C	0.2%	0.36%	0.2%
TSCO	B	0.12%	0.34%	0.12%
TXN	C	0.3%	0.67%	0.3%
UFPI	C	0.07%	0.17%	0.07%
UNH	B	0.79%	1.01%	0.79%
UNM	A	0.04%	0.34%	0.04%
USB	D	0.1%	0.12%	0.1%
UTHR	C	0.18%	0.4%	0.18%
V	C	0.28%	0.36%	0.28%
VLO	D	0.16%	0.47%	0.16%
VNT	F	0.01%	0.32%	0.01%
VRSK	C	0.17%	0.18%	0.17%
VRSN	B	0.04%	0.37%	0.04%
VRTX	D	0.22%	0.35%	0.22%
VST	B	0.21%	0.13%	0.13%
VTR	C	0.04%	0.02%	0.02%
VZ	B	1.11%	0.89%	0.89%
WELL	C	0.11%	0.09%	0.09%
WFC	F	0.73%	0.17%	0.17%
WM	B	0.26%	0.29%	0.26%
WMT	A	1.68%	1.05%	1.05%
WPC	C	0.03%	0.02%	0.02%
WSM	B	0.21%	0.26%	0.21%
WSO	C	0.2%	0.19%	0.19%
WTM	C	0.04%	0.26%	0.04%
XOM	A	0.42%	0.78%	0.42%
YUM	B	0.12%	0.31%	0.12%

MFUS Overweight 533 Positions Relative to ROUS

Symbol	Grade	Weight
PFE	D	0.64%
GE	C	0.61%
UNP	D	0.54%
NFLX	B	0.46%
GS	D	0.35%
TMO	D	0.33%
MET	B	0.32%
GM	D	0.32%
ICE	A	0.3%
THC	D	0.29%
DHR	D	0.28%
SPGI	B	0.27%
MDLZ	D	0.26%
UPS	D	0.25%
RTX	A	0.23%
UBER	C	0.23%
AON	B	0.23%
LHX	A	0.23%
ISRG	C	0.23%
NEM	C	0.22%
AXP	B	0.21%
CMG	C	0.2%
MMC	D	0.19%
INTC	D	0.19%
MS	B	0.18%
TDG	B	0.17%
BLK	A	0.17%
DVA	C	0.17%
KHC	F	0.16%
AMT	C	0.16%
TSN	D	0.16%
DECK	B	0.15%
HWM	A	0.15%
F	D	0.15%
K	A	0.15%
MU	D	0.15%
AJG	D	0.14%
KKR	C	0.14%
CME	A	0.14%
SMCI	F	0.14%
PLTR	A	0.14%
EXR	C	0.13%
EFX	C	0.13%
CEG	A	0.13%
DPZ	D	0.13%
VTRS	D	0.13%
PH	B	0.13%
XYL	C	0.12%
MCO	D	0.12%
BDX	C	0.12%
AMP	A	0.12%
CLX	C	0.12%
DD	C	0.11%
CSX	D	0.11%
BX	C	0.11%
EVR	C	0.11%
WBA	F	0.11%
PWR	B	0.11%
PYPL	C	0.11%
BRO	A	0.11%
CW	A	0.1%
DG	F	0.1%
WTW	C	0.1%
CRS	C	0.1%
JKHY	A	0.1%
ADP	A	0.1%
AEO	C	0.09%
OKE	A	0.09%
TRGP	A	0.09%
URI	C	0.09%
KMI	A	0.09%
HLT	B	0.09%
TMHC	C	0.09%
JXN	A	0.09%
EXPD	D	0.09%
DASH	B	0.09%
SBUX	C	0.09%
BWXT	A	0.09%
LPX	C	0.08%
EQH	C	0.08%
SLG	C	0.08%
BIIB	F	0.08%
TAP	D	0.08%
TFC	D	0.08%
TYL	B	0.08%
CPRT	C	0.08%
BALL	C	0.08%
RCL	C	0.08%
STE	D	0.08%
GEHC	C	0.08%
IEX	D	0.08%
TROW	D	0.08%
DFS	C	0.08%
WDC	C	0.08%
DLR	C	0.08%
ARES	A	0.08%
ITT	C	0.08%
IR	B	0.08%
WMB	A	0.08%
NUE	C	0.08%
KDP	C	0.08%
NSC	D	0.07%
MLM	F	0.07%
BKR	B	0.07%
CHD	D	0.07%
TTC	D	0.07%
NKE	D	0.07%
HCC	C	0.07%
VNO	A	0.07%
BCC	C	0.07%
WU	D	0.07%
ALNY	C	0.07%
MNST	D	0.07%
WCC	D	0.07%
FIS	B	0.07%
LEN	B	0.07%
THO	C	0.07%
EMR	B	0.07%
POOL	B	0.07%
UHS	D	0.07%
CALM	A	0.07%
SEIC	B	0.07%
HLI	B	0.07%
ABG	F	0.07%
ZTS	C	0.06%
TXRH	C	0.06%
BC	D	0.06%
CNX	A	0.06%
STZ	D	0.06%
COIN	F	0.06%
JLL	C	0.06%
HIG	B	0.06%
AMG	B	0.06%
ERIE	B	0.06%
TPH	C	0.06%
BERY	C	0.06%
IDXX	D	0.06%
PK	D	0.06%
CRI	D	0.06%
CPT	C	0.06%
MKC	C	0.06%
MSCI	B	0.06%
TTWO	F	0.06%
CCK	C	0.06%
SCI	D	0.06%
MSM	D	0.06%
EXP	B	0.06%
TOL	A	0.06%
MHO	C	0.05%
NDSN	C	0.05%
CBRE	B	0.05%
CUBE	C	0.05%
NDAQ	B	0.05%
URBN	F	0.05%
IBKR	A	0.05%
CAG	D	0.05%
VLTO	A	0.05%
HBI	C	0.05%
GNRC	B	0.05%
USFD	C	0.05%
CPB	D	0.05%
COOP	B	0.05%
G	A	0.05%
SQ	D	0.05%
ATI	C	0.05%
SEB	F	0.05%
GNTX	D	0.05%
VIRT	B	0.05%
ANSS	D	0.05%
WAT	B	0.05%
BAX	D	0.05%
LPLA	C	0.05%
WAB	B	0.05%
LUMN	C	0.05%
TEX	F	0.05%
WEN	D	0.05%
MTN	D	0.05%
ATGE	D	0.05%
ALLY	F	0.05%
BTU	B	0.05%
KTB	C	0.05%
FCNCA	D	0.05%
APP	A	0.05%
A	B	0.05%
LECO	F	0.05%
GAP	F	0.05%
SKYW	C	0.05%
CARR	B	0.05%
TW	A	0.05%
POST	D	0.05%
SUI	D	0.05%
FIX	B	0.05%
SLM	C	0.05%
LANC	F	0.04%
KBH	C	0.04%
TDS	B	0.04%
AVTR	D	0.04%
DBRG	D	0.04%
BHF	F	0.04%
IFF	C	0.04%
BLD	D	0.04%
TRN	C	0.04%
BDC	B	0.04%
ES	D	0.04%
JWN	D	0.04%
ASO	D	0.04%
CLH	C	0.04%
CMA	C	0.04%
CTVA	A	0.04%
FDS	C	0.04%
COLD	D	0.04%
SLVM	C	0.04%
NBIX	F	0.04%
ELS	D	0.04%
HUBG	D	0.04%
MAC	C	0.04%
AMH	D	0.04%
CPNG	C	0.04%
UHAL	B	0.04%
GATX	F	0.04%
INVH	F	0.04%
TKR	D	0.04%
MAR	B	0.04%
AROC	B	0.04%
TGNA	C	0.04%
FTI	B	0.04%
ULTA	D	0.04%
HEI	C	0.04%
SCHW	D	0.04%
SMG	B	0.04%
ABM	D	0.04%
CNO	C	0.04%
AGNC	C	0.04%
CE	C	0.04%
OLN	C	0.04%
RGLD	C	0.04%
FL	F	0.04%
EMN	C	0.04%
SRCL	A	0.04%
THG	C	0.04%
AR	B	0.04%
GVA	B	0.04%
WST	D	0.04%
SJM	D	0.04%
IPG	D	0.04%
SIG	C	0.04%
BKE	D	0.03%
APAM	C	0.03%
NTRS	C	0.03%
NEU	F	0.03%
FHI	C	0.03%
PLXS	B	0.03%
KSS	D	0.03%
THS	D	0.03%
DRH	D	0.03%
STC	C	0.03%
LW	D	0.03%
LZB	D	0.03%
HXL	F	0.03%
RYN	C	0.03%
UNF	A	0.03%
WHR	C	0.03%
ADNT	D	0.03%
MRO	C	0.03%
HOG	D	0.03%
XRAY	D	0.03%
XPO	F	0.03%
FNF	B	0.03%
DLTR	F	0.03%
DK	F	0.03%
SBAC	C	0.03%
CPAY	A	0.03%
BKU	D	0.03%
VC	F	0.03%
DDS	D	0.03%
MASI	B	0.03%
RLI	A	0.03%
OI	D	0.03%
DRI	C	0.03%
GMS	C	0.03%
COHR	A	0.03%
APLE	D	0.03%
MATX	C	0.03%
BURL	D	0.03%
UDR	C	0.03%
HOOD	C	0.03%
X	F	0.03%
PRG	C	0.03%
GNW	C	0.03%
BFAM	B	0.03%
MC	C	0.03%
HII	F	0.03%
WH	C	0.03%
GGG	C	0.03%
SM	C	0.03%
RPRX	D	0.03%
MAN	D	0.03%
TFX	C	0.03%
OSK	F	0.03%
GBX	C	0.03%
AVA	D	0.03%
MORN	C	0.03%
MDU	C	0.03%
CMS	A	0.03%
IVZ	B	0.03%
HOLX	D	0.03%
ACM	A	0.03%
HSIC	D	0.03%
AMKR	F	0.03%
CFG	D	0.03%
DOX	B	0.03%
TPX	C	0.03%
SHOO	C	0.03%
RUSHA	D	0.03%
GEO	C	0.03%
PRIM	C	0.03%
SEM	D	0.03%
KEX	C	0.02%
TDC	D	0.02%
GES	F	0.02%
BHE	C	0.02%
PHIN	D	0.02%
DAN	D	0.02%
CWEN	C	0.02%
AXTA	C	0.02%
LAD	C	0.02%
KIM	C	0.02%
FR	D	0.02%
ALGN	D	0.02%
DNOW	F	0.02%
EVRG	C	0.02%
WAL	C	0.02%
TTEK	A	0.02%
SSNC	C	0.02%
ATO	A	0.02%
APG	F	0.02%
BEN	F	0.02%
ODFL	F	0.02%
CROX	C	0.02%
NWL	F	0.02%
VSCO	C	0.02%
HP	D	0.02%
VFC	B	0.02%
AES	C	0.02%
SATS	C	0.02%
CSL	A	0.02%
LXP	D	0.02%
JBLU	B	0.02%
ODP	F	0.02%
EWBC	D	0.02%
HNI	C	0.02%
SNDR	C	0.02%
APOG	C	0.02%
LEG	D	0.02%
VSH	F	0.02%
PNR	B	0.02%
CCL	C	0.02%
BXP	C	0.02%
DORM	D	0.02%
ANDE	D	0.02%
OSIS	C	0.02%
ZBRA	C	0.02%
SAM	C	0.02%
ESS	D	0.02%
M	F	0.02%
HST	D	0.02%
NAVI	F	0.02%
LNW	F	0.02%
HRL	F	0.02%
VVV	F	0.02%
MCY	B	0.02%
LNT	A	0.02%
YELP	F	0.02%
PMT	C	0.02%
CC	D	0.02%
EPC	F	0.02%
MAA	D	0.02%
BRKR	D	0.02%
NSP	F	0.02%
AGCO	D	0.02%
NI	A	0.02%
VSTO	B	0.02%
NTCT	C	0.02%
DOW	B	0.02%
RLJ	D	0.02%
GHC	C	0.02%
SXT	C	0.02%
MKTX	B	0.02%
KBR	B	0.02%
XHR	C	0.02%
CXW	F	0.02%
PBF	F	0.02%
PVH	F	0.02%
AIR	D	0.02%
HAE	D	0.02%
SBH	C	0.02%
GMED	D	0.02%
CTLT	A	0.02%
KMPR	D	0.02%
PSN	A	0.02%
GEF	D	0.02%
PFSI	C	0.02%
JBHT	D	0.02%
KEY	C	0.02%
WMS	D	0.02%
PINC	F	0.02%
RRC	B	0.02%
FAF	C	0.02%
PAG	D	0.02%
WRB	C	0.02%
ACA	C	0.02%
LBRDK	B	0.02%
JEF	A	0.02%
ORA	C	0.02%
OMF	F	0.02%
PDCO	F	0.02%
WERN	D	0.02%
PNM	B	0.02%
CG	B	0.02%
HUN	C	0.01%
AAP	F	0.01%
KNX	D	0.01%
NOV	F	0.01%
SCL	D	0.01%
UHAL	B	0.01%
DINO	D	0.01%
PARA	F	0.01%
MLKN	F	0.01%
ARCH	C	0.01%
CACC	F	0.01%
KALU	D	0.01%
ECPG	F	0.01%
ELAN	C	0.01%
QRVO	F	0.01%
GIII	D	0.01%
SSB	C	0.01%
UVV	D	0.01%
MKSI	F	0.01%
ARI	F	0.01%
HTH	F	0.01%
IGT	F	0.01%
WGO	D	0.01%
PB	D	0.01%
ARMK	B	0.01%
ESI	C	0.01%
CFR	D	0.01%
UAL	B	0.01%
CNXN	C	0.01%
ALEX	D	0.01%
FDP	C	0.01%
OUT	C	0.01%
IMKTA	F	0.01%
CNS	C	0.01%
WOR	F	0.01%
SVC	F	0.01%
PNW	B	0.01%
IDCC	A	0.01%
SR	D	0.01%
PPC	D	0.01%
RKT	D	0.01%
UGI	C	0.01%
CLF	F	0.01%
TPR	C	0.01%
SPR	F	0.01%
SWX	C	0.01%
MOS	F	0.01%
SIGI	D	0.01%
WAFD	D	0.01%
SHO	D	0.01%
CENTA	F	0.01%
PECO	C	0.01%
AMED	D	0.01%
JBGS	C	0.01%
PFG	C	0.01%
FLR	C	0.01%
ESAB	C	0.01%
WMK	D	0.01%
SPB	C	0.01%
JELD	C	0.01%
CBSH	D	0.01%
WTFC	C	0.01%
CADE	D	0.01%
CNM	F	0.01%
BRC	C	0.01%
XRX	D	0.01%
DTM	A	0.01%
DXC	B	0.01%
STRA	F	0.01%
SAIC	A	0.01%
CSGS	C	0.01%
TTMI	D	0.01%
KN	D	0.01%
BBWI	F	0.01%
CPRI	B	0.01%
CR	C	0.01%
LEA	F	0.01%
WBS	D	0.01%
CVI	D	0.01%
OMI	F	0.01%
SF	A	0.01%
LADR	D	0.01%
NNI	C	0.01%
WWD	C	0.01%
ZION	D	0.01%
AMWD	C	0.01%
GME	D	0.01%
GOLF	F	0.01%
MHK	B	0.01%
RBC	C	0.01%
DEI	A	0.01%
SAH	D	0.01%
SNV	D	0.01%
IOSP	F	0.01%
TNET	F	0.01%
H	C	0.01%
REZI	D	0.01%
SLB	D	0.01%
PTEN	F	0.01%
ICUI	C	0.01%
MUR	F	0.01%
HE	F	0.01%
GT	F	0.01%
AA	B	0.01%
FYBR	C	0.01%
PSMT	C	0.01%
SCS	F	0.01%
ESNT	C	0.01%
BWA	C	0.01%
LAUR	C	0.01%
BMRN	F	0.01%
SCCO	B	0.0%
NOMD	D	0.0%
WOLF	F	0.0%

MFUS Underweight 68 Positions Relative to ROUS

Symbol	Grade	Weight
GOOGL	B	-1.19%
MSFT	D	-1.17%
CTSH	B	-0.73%
TEL	D	-0.59%
HUM	F	-0.59%
EOG	B	-0.57%
NXPI	F	-0.42%
DBX	B	-0.4%
SW	C	-0.38%
GPC	D	-0.38%
AXS	A	-0.35%
VICI	C	-0.34%
FDX	F	-0.33%
BMI	A	-0.32%
ORI	B	-0.3%
MKL	C	-0.3%
LNG	A	-0.29%
ACGL	B	-0.28%
MCHP	F	-0.27%
PCAR	C	-0.27%
CDNS	D	-0.27%
EG	B	-0.27%
GRMN	D	-0.26%
XEL	B	-0.26%
ALKS	B	-0.26%
SNX	D	-0.26%
KEYS	C	-0.26%
STT	C	-0.24%
TT	A	-0.22%
SNA	A	-0.21%
AIT	B	-0.19%
ASGN	D	-0.18%
SNPS	F	-0.18%
SWKS	F	-0.18%
MDT	C	-0.18%
STX	B	-0.18%
RNR	A	-0.17%
BPOP	D	-0.15%
ABT	C	-0.14%
AEE	A	-0.13%
WEC	A	-0.13%
POR	D	-0.12%
AMCR	C	-0.11%
CBOE	B	-0.1%
DVN	F	-0.1%
ADI	C	-0.1%
INTU	F	-0.1%
FSS	D	-0.1%
VMI	B	-0.09%
CHRD	F	-0.09%
OGE	A	-0.08%
UMBF	C	-0.08%
APPF	C	-0.07%
KNF	C	-0.07%
ACIW	B	-0.07%
CSWI	C	-0.06%
SPSC	F	-0.06%
BCO	C	-0.05%
HON	C	-0.05%
ITCI	D	-0.04%
LFUS	D	-0.04%
EPRT	C	-0.04%
LIN	B	-0.03%
CF	A	-0.03%
SYK	C	-0.02%
AAON	B	-0.02%
ITRI	C	-0.02%
CIEN	A	-0.01%