MFUS vs. SCHJ ETF Comparison

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

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

$50.86

Average Daily Volume

5,340

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

SCHJ

HCM Defender 500 Index ETF

SCHJ Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 1-5 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to one year and less than five years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$24.45

Average Daily Volume

90,843

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	SCHJ
30 Days	-1.04%	-0.40%
60 Days	1.72%	-0.83%
90 Days	4.04%	0.38%
12 Months	30.11%	7.03%

309 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in SCHJ	Overlap
A	F	0.05%	0.02%	0.02%
AAPL	C	0.96%	0.04%	0.04%
ABBV	F	1.36%	0.03%	0.03%
ADBE	D	0.04%	0.01%	0.01%
ADM	D	0.22%	0.02%	0.02%
ADP	B	0.11%	0.05%	0.05%
ADSK	B	0.09%	0.02%	0.02%
AEP	C	0.08%	0.01%	0.01%
AES	F	0.01%	0.0%	0.0%
AFL	C	0.21%	0.01%	0.01%
AIG	C	0.34%	0.04%	0.04%
AIZ	A	0.09%	0.02%	0.02%
ALL	A	0.26%	0.03%	0.03%
ALLY	C	0.05%	0.03%	0.03%
AMAT	F	0.55%	0.04%	0.04%
AMG	C	0.06%	0.01%	0.01%
AMGN	D	0.94%	0.01%	0.01%
AMP	A	0.18%	0.02%	0.02%
AMT	D	0.13%	0.01%	0.01%
AMZN	B	1.71%	0.04%	0.04%
AN	D	0.06%	0.03%	0.03%
AON	B	0.24%	0.02%	0.02%
APH	B	0.12%	0.0%	0.0%
ARW	F	0.04%	0.01%	0.01%
ATO	A	0.02%	0.05%	0.02%
AVB	B	0.03%	0.01%	0.01%
AVGO	C	1.59%	0.02%	0.02%
AVT	C	0.04%	0.03%	0.03%
AXP	B	0.23%	0.04%	0.04%
AZO	C	0.28%	0.0%	0.0%
BAC	A	0.45%	0.03%	0.03%
BAX	F	0.04%	0.03%	0.03%
BC	D	0.06%	0.03%	0.03%
BDX	F	0.11%	0.05%	0.05%
BEN	C	0.02%	0.01%	0.01%
BERY	D	0.06%	0.05%	0.05%
BIIB	F	0.07%	0.1%	0.07%
BK	B	0.18%	0.01%	0.01%
BKNG	A	0.42%	0.02%	0.02%
BKU	A	0.03%	0.03%	0.03%
BLK	B	0.19%	0.07%	0.07%
BMY	A	0.41%	0.02%	0.02%
BR	B	0.17%	0.02%	0.02%
BRO	B	0.12%	0.01%	0.01%
BSX	A	0.2%	0.0%	0.0%
BWA	D	0.01%	0.03%	0.01%
BXP	D	0.02%	0.02%	0.02%
C	B	0.69%	0.03%	0.03%
CAG	F	0.04%	0.01%	0.01%
CAH	B	0.27%	0.02%	0.02%
CARR	D	0.05%	0.1%	0.05%
CAT	C	0.2%	0.02%	0.02%
CB	C	0.16%	0.02%	0.02%
CCI	C	0.07%	0.01%	0.01%
CE	F	0.02%	0.03%	0.02%
CFG	B	0.04%	0.02%	0.02%
CHD	A	0.07%	0.01%	0.01%
CHTR	B	0.3%	0.06%	0.06%
CI	D	0.13%	0.02%	0.02%
CL	D	0.35%	0.0%	0.0%
CLX	A	0.12%	0.03%	0.03%
CMA	B	0.04%	0.04%	0.04%
CMCSA	B	0.16%	0.01%	0.01%
CME	A	0.14%	0.07%	0.07%
CMI	A	0.14%	0.0%	0.0%
CMS	C	0.03%	0.0%	0.0%
CNO	B	0.05%	0.03%	0.03%
COF	B	0.29%	0.01%	0.01%
COP	B	0.07%	0.09%	0.07%
COST	A	1.35%	0.0%	0.0%
CPB	D	0.04%	0.01%	0.01%
CSCO	B	0.68%	0.03%	0.03%
CSL	C	0.02%	0.01%	0.01%
CSX	C	0.11%	0.01%	0.01%
CTVA	C	0.04%	0.02%	0.02%
CUBE	C	0.04%	0.0%	0.0%
CVS	F	0.65%	0.01%	0.01%
CVX	A	0.39%	0.02%	0.02%
D	C	0.07%	0.02%	0.02%
DD	D	0.1%	0.09%	0.09%
DELL	B	0.03%	0.04%	0.03%
DFS	B	0.1%	0.02%	0.02%
DG	F	0.09%	0.03%	0.03%
DGX	A	0.09%	0.03%	0.03%
DHI	D	0.06%	0.02%	0.02%
DHR	D	0.24%	0.01%	0.01%
DLR	A	0.09%	0.03%	0.03%
DLTR	F	0.03%	0.05%	0.03%
DOV	B	0.04%	0.02%	0.02%
DOW	F	0.02%	0.04%	0.02%
DTE	C	0.02%	0.01%	0.01%
DUK	C	0.13%	0.02%	0.02%
DXC	D	0.01%	0.04%	0.01%
EA	A	0.18%	0.03%	0.03%
EBAY	D	0.36%	0.03%	0.03%
ED	C	0.05%	0.03%	0.03%
EFX	F	0.11%	0.01%	0.01%
EIX	C	0.05%	0.0%	0.0%
EMN	D	0.04%	0.05%	0.04%
EMR	A	0.09%	0.03%	0.03%
EQH	B	0.08%	0.02%	0.02%
EQR	C	0.04%	0.03%	0.03%
ES	C	0.03%	0.01%	0.01%
ESS	A	0.04%	0.0%	0.0%
ETR	A	0.05%	0.02%	0.02%
EVRG	A	0.02%	0.03%	0.02%
EXC	C	0.07%	0.03%	0.03%
FAF	C	0.02%	0.03%	0.02%
FANG	D	0.05%	0.03%	0.03%
FCNCA	A	0.06%	0.0%	0.0%
FE	C	0.03%	0.01%	0.01%
FHN	A	0.01%	0.02%	0.01%
FIS	C	0.07%	0.03%	0.03%
FITB	B	0.04%	0.01%	0.01%
FLEX	B	0.05%	0.0%	0.0%
FOXA	B	0.11%	0.04%	0.04%
FTNT	B	0.07%	0.03%	0.03%
G	B	0.06%	0.02%	0.02%
GD	D	0.24%	0.02%	0.02%
GE	D	0.56%	0.03%	0.03%
GILD	C	0.87%	0.07%	0.07%
GIS	F	0.17%	0.01%	0.01%
GLPI	C	0.07%	0.02%	0.02%
GM	B	0.4%	0.01%	0.01%
GS	B	0.41%	0.05%	0.05%
GWW	B	0.21%	0.03%	0.03%
H	B	0.01%	0.02%	0.01%
HBAN	B	0.03%	0.02%	0.02%
HCA	F	0.25%	0.04%	0.04%
HD	A	0.62%	0.01%	0.01%
HII	F	0.02%	0.02%	0.02%
HOG	F	0.02%	0.02%	0.02%
HP	C	0.02%	0.03%	0.02%
HPE	B	0.11%	0.03%	0.03%
HPQ	B	0.28%	0.1%	0.1%
HRB	D	0.08%	0.02%	0.02%
HRL	D	0.02%	0.05%	0.02%
HST	D	0.02%	0.02%	0.02%
HSY	F	0.05%	0.01%	0.01%
HUBB	B	0.03%	0.02%	0.02%
IBM	C	1.05%	0.03%	0.03%
ICE	C	0.29%	0.02%	0.02%
IFF	D	0.03%	0.03%	0.03%
INTC	C	0.2%	0.02%	0.02%
IP	A	0.09%	0.03%	0.03%
ITW	B	0.1%	0.04%	0.04%
IVZ	C	0.03%	0.0%	0.0%
JBHT	C	0.02%	0.04%	0.02%
JBL	C	0.03%	0.03%	0.03%
JCI	B	0.07%	0.03%	0.03%
JEF	A	0.03%	0.04%	0.03%
JHG	B	0.04%	0.03%	0.03%
JNJ	D	1.18%	0.02%	0.02%
JNPR	D	0.13%	0.02%	0.02%
JPM	A	0.99%	0.02%	0.02%
K	B	0.15%	0.02%	0.02%
KDP	D	0.07%	0.02%	0.02%
KEY	B	0.03%	0.03%	0.03%
KIM	A	0.02%	0.0%	0.0%
KLAC	F	0.23%	0.07%	0.07%
KMB	C	0.16%	0.02%	0.02%
KMI	A	0.11%	0.01%	0.01%
KMPR	A	0.03%	0.03%	0.03%
KO	D	1.0%	0.05%	0.05%
KR	B	0.38%	0.02%	0.02%
KSS	F	0.02%	0.02%	0.02%
L	A	0.06%	0.02%	0.02%
LDOS	C	0.11%	0.03%	0.03%
LEG	F	0.02%	0.02%	0.02%
LEN	D	0.06%	0.02%	0.02%
LHX	B	0.26%	0.03%	0.03%
LII	A	0.21%	0.03%	0.03%
LLY	F	2.39%	0.02%	0.02%
LMT	D	0.75%	0.02%	0.02%
LNC	B	0.03%	0.02%	0.02%
LNT	A	0.02%	0.02%	0.02%
LOW	C	0.35%	0.01%	0.01%
LRCX	F	0.17%	0.01%	0.01%
LYB	F	0.15%	0.02%	0.02%
MA	B	0.28%	0.04%	0.04%
MAA	A	0.02%	0.01%	0.01%
MAR	B	0.04%	0.02%	0.02%
MCD	D	0.53%	0.01%	0.01%
MCK	A	0.63%	0.01%	0.01%
MCO	D	0.15%	0.02%	0.02%
MDLZ	F	0.23%	0.03%	0.03%
MET	A	0.32%	0.02%	0.02%
MHK	D	0.01%	0.03%	0.01%
MKC	D	0.05%	0.03%	0.03%
MLM	B	0.07%	0.04%	0.04%
MMC	D	0.2%	0.02%	0.02%
MMM	D	0.6%	0.02%	0.02%
MO	A	0.73%	0.02%	0.02%
MOS	D	0.01%	0.04%	0.01%
MPC	D	0.34%	0.03%	0.03%
MRK	F	0.84%	0.05%	0.05%
MS	A	0.22%	0.03%	0.03%
MSI	B	0.2%	0.03%	0.03%
MTB	A	0.04%	0.01%	0.01%
MU	D	0.16%	0.03%	0.03%
NDAQ	A	0.05%	0.02%	0.02%
NEE	C	0.22%	0.0%	0.0%
NEM	D	0.16%	0.01%	0.01%
NEU	D	0.02%	0.02%	0.02%
NFG	A	0.05%	0.01%	0.01%
NI	A	0.02%	0.06%	0.02%
NKE	F	0.06%	0.01%	0.01%
NNN	C	0.01%	0.02%	0.01%
NOC	D	0.35%	0.04%	0.04%
NSC	B	0.07%	0.0%	0.0%
NTAP	C	0.1%	0.02%	0.02%
NTRS	A	0.03%	0.04%	0.03%
NUE	D	0.08%	0.02%	0.02%
NVDA	A	1.9%	0.03%	0.03%
O	C	0.05%	0.01%	0.01%
OC	A	0.02%	0.02%	0.02%
OHI	B	0.02%	0.01%	0.01%
OKE	A	0.1%	0.0%	0.0%
OMC	C	0.06%	0.02%	0.02%
ORCL	A	1.52%	0.06%	0.06%
ORLY	B	0.2%	0.02%	0.02%
OTIS	C	0.07%	0.07%	0.07%
PEG	C	0.06%	0.02%	0.02%
PEP	F	0.74%	0.02%	0.02%
PFE	F	0.57%	0.03%	0.03%
PFG	C	0.01%	0.02%	0.01%
PG	C	1.01%	0.02%	0.02%
PH	B	0.14%	0.04%	0.04%
PHM	D	0.1%	0.03%	0.03%
PKG	B	0.1%	0.02%	0.02%
PM	A	0.87%	0.02%	0.02%
PNC	B	0.12%	0.02%	0.02%
PNW	B	0.01%	0.02%	0.01%
PPG	F	0.04%	0.01%	0.01%
PPL	A	0.04%	0.04%	0.04%
PRU	B	0.23%	0.01%	0.01%
PSA	C	0.09%	0.01%	0.01%
PSX	C	0.23%	0.01%	0.01%
PVH	C	0.02%	0.03%	0.02%
PYPL	B	0.12%	0.03%	0.03%
QCOM	F	0.77%	0.02%	0.02%
R	B	0.07%	0.02%	0.02%
RF	A	0.02%	0.05%	0.02%
RGA	B	0.06%	0.02%	0.02%
RL	C	0.03%	0.03%	0.03%
ROP	C	0.06%	0.01%	0.01%
RPM	B	0.13%	0.02%	0.02%
RPRX	F	0.03%	0.04%	0.03%
RS	B	0.04%	0.02%	0.02%
RSG	A	0.13%	0.01%	0.01%
RTX	D	0.22%	0.02%	0.02%
SBUX	A	0.09%	0.04%	0.04%
SCCO	F	0.0%	0.0%	0.0%
SCHW	A	0.05%	0.01%	0.01%
SF	B	0.02%	0.05%	0.02%
SHW	C	0.22%	0.02%	0.02%
SJM	D	0.04%	0.05%	0.04%
SLB	C	0.01%	0.02%	0.01%
SLG	B	0.08%	0.02%	0.02%
SNV	B	0.02%	0.02%	0.02%
SO	C	0.13%	0.0%	0.0%
SPG	A	0.16%	0.02%	0.02%
SPGI	D	0.29%	0.04%	0.04%
SRE	A	0.08%	0.02%	0.02%
STLD	B	0.04%	0.02%	0.02%
STZ	D	0.06%	0.02%	0.02%
SYF	B	0.31%	0.05%	0.05%
SYY	D	0.12%	0.02%	0.02%
T	A	0.73%	0.01%	0.01%
TAP	B	0.09%	0.08%	0.08%
TFC	A	0.09%	0.02%	0.02%
TGT	B	0.74%	0.05%	0.05%
THG	A	0.05%	0.03%	0.03%
TJX	A	0.37%	0.02%	0.02%
TKR	F	0.04%	0.02%	0.02%
TMO	F	0.28%	0.03%	0.03%
TMUS	B	0.43%	0.06%	0.06%
TPR	B	0.01%	0.03%	0.01%
TSN	B	0.18%	0.02%	0.02%
TXN	C	0.29%	0.0%	0.0%
UAL	A	0.02%	0.02%	0.02%
UHS	D	0.06%	0.04%	0.04%
UNH	C	0.79%	0.01%	0.01%
UNM	A	0.04%	0.02%	0.02%
UNP	D	0.51%	0.0%	0.0%
UPS	C	0.24%	0.02%	0.02%
USB	B	0.11%	0.03%	0.03%
V	A	0.31%	0.09%	0.09%
VFC	C	0.02%	0.04%	0.02%
VLO	C	0.16%	0.03%	0.03%
VNO	C	0.07%	0.01%	0.01%
VNT	C	0.01%	0.03%	0.01%
VRSK	B	0.16%	0.05%	0.05%
VRSN	F	0.04%	0.03%	0.03%
VTR	B	0.04%	0.01%	0.01%
VZ	C	1.0%	0.02%	0.02%
WAB	B	0.05%	0.02%	0.02%
WAL	B	0.02%	0.02%	0.02%
WBA	F	0.12%	0.06%	0.06%
WELL	A	0.12%	0.0%	0.0%
WFC	A	0.97%	0.02%	0.02%
WHR	B	0.03%	0.0%	0.0%
WM	B	0.28%	0.02%	0.02%
WMB	A	0.1%	0.03%	0.03%
WMT	A	1.71%	0.03%	0.03%
WPC	C	0.03%	0.02%	0.02%
WU	F	0.06%	0.0%	0.0%
XOM	B	0.43%	0.03%	0.03%
ZTS	D	0.05%	0.02%	0.02%

MFUS Overweight 506 Positions Relative to SCHJ

Symbol	Grade	Weight
BRK.A	B	2.42%
META	C	2.35%
PGR	B	0.59%
NFLX	A	0.52%
NOW	B	0.36%
REGN	F	0.36%
ISRG	A	0.29%
THC	C	0.28%
FICO	B	0.25%
ACN	C	0.25%
PANW	B	0.25%
SFM	A	0.25%
ANF	C	0.25%
PLTR	A	0.23%
VST	A	0.23%
VRTX	D	0.22%
UBER	F	0.21%
BBY	D	0.21%
GLW	B	0.2%
TRV	A	0.2%
CMG	C	0.2%
FI	A	0.19%
UTHR	C	0.19%
CTAS	B	0.19%
WSM	D	0.18%
DECK	A	0.17%
HWM	A	0.17%
COR	B	0.17%
WSO	A	0.17%
ELV	F	0.16%
AJG	B	0.16%
RMD	C	0.16%
F	C	0.16%
DVA	C	0.16%
MUSA	B	0.16%
CASY	A	0.16%
TDG	D	0.15%
BAH	D	0.15%
KHC	F	0.15%
IT	C	0.15%
KKR	A	0.15%
CHRW	B	0.14%
ANET	C	0.14%
VTRS	A	0.14%
BX	A	0.13%
DPZ	C	0.13%
EVR	B	0.13%
FAST	B	0.13%
YUM	D	0.13%
IRM	C	0.12%
GDDY	A	0.12%
PWR	A	0.12%
CW	B	0.11%
GEN	B	0.11%
CEG	C	0.11%
TRGP	A	0.11%
EXPD	D	0.11%
CRS	A	0.11%
WTW	B	0.11%
DASH	A	0.11%
ALSN	B	0.11%
EXR	C	0.11%
BWXT	A	0.11%
TSCO	D	0.11%
APP	A	0.11%
COIN	A	0.1%
HLT	A	0.1%
AYI	B	0.1%
JXN	C	0.1%
JKHY	D	0.1%
RCL	A	0.1%
XYL	D	0.1%
SEIC	B	0.09%
CPRT	B	0.09%
MLI	B	0.09%
IEX	B	0.09%
ARES	A	0.09%
WCC	B	0.09%
CALM	A	0.09%
LSTR	D	0.09%
IR	B	0.09%
TROW	B	0.09%
EHC	B	0.09%
CACI	C	0.09%
TMHC	B	0.09%
NVR	D	0.09%
URI	B	0.09%
AVY	D	0.09%
GPI	B	0.09%
BKR	B	0.08%
LPX	B	0.08%
WDC	F	0.08%
DKS	D	0.08%
AOS	F	0.08%
ECL	D	0.08%
GPK	D	0.08%
ABG	B	0.08%
ATR	B	0.08%
TYL	B	0.08%
MTD	F	0.08%
HLI	B	0.08%
ITT	A	0.08%
ROL	B	0.07%
MSCI	B	0.07%
SCI	A	0.07%
LPLA	A	0.07%
UFPI	C	0.07%
EXP	B	0.07%
BCC	C	0.07%
INGR	B	0.07%
POOL	D	0.07%
SKYW	B	0.07%
GEHC	D	0.07%
GEO	A	0.07%
CNX	A	0.07%
THO	C	0.07%
NRG	B	0.07%
BALL	D	0.07%
AEO	F	0.07%
STE	D	0.07%
TTWO	A	0.07%
MNST	C	0.07%
HCC	B	0.07%
VIRT	A	0.06%
TW	A	0.06%
GAP	D	0.06%
SEE	D	0.06%
ATGE	B	0.06%
TPH	D	0.06%
BFH	B	0.06%
LECO	C	0.06%
JLL	D	0.06%
HIG	B	0.06%
GNRC	B	0.06%
CPT	C	0.06%
KTB	A	0.06%
CHE	F	0.06%
MPWR	F	0.06%
CCK	D	0.06%
SLM	B	0.06%
CMC	B	0.06%
MTH	D	0.06%
FIX	A	0.06%
IBKR	A	0.06%
LUMN	C	0.06%
MAS	D	0.06%
SQ	A	0.06%
PK	D	0.06%
TXRH	B	0.06%
TTC	F	0.06%
FFIV	B	0.06%
MSM	D	0.06%
TOL	B	0.06%
ALNY	D	0.06%
TDS	B	0.05%
PRIM	A	0.05%
AR	B	0.05%
NSIT	F	0.05%
LOPE	B	0.05%
URBN	C	0.05%
MOG.A	B	0.05%
SUI	C	0.05%
TGNA	B	0.05%
WST	D	0.05%
GNTX	F	0.05%
MTN	C	0.05%
CBRE	B	0.05%
EXEL	B	0.05%
CRI	F	0.05%
USFD	A	0.05%
SLGN	A	0.05%
POST	C	0.05%
COOP	B	0.05%
TEX	D	0.05%
LAMR	D	0.05%
KD	A	0.05%
IDXX	F	0.05%
CBT	C	0.05%
GVA	A	0.05%
NXST	C	0.05%
ANSS	B	0.05%
HBI	B	0.05%
WEN	C	0.05%
FCN	F	0.05%
MMS	D	0.05%
WAT	C	0.05%
SMCI	F	0.05%
BTU	C	0.05%
SON	F	0.04%
OSK	C	0.04%
XPO	B	0.04%
LANC	D	0.04%
AWI	B	0.04%
SEM	B	0.04%
AMH	C	0.04%
CRUS	F	0.04%
CXW	B	0.04%
INVH	D	0.04%
SMG	C	0.04%
JWN	C	0.04%
PSTG	F	0.04%
AGNC	C	0.04%
BDC	B	0.04%
SLVM	C	0.04%
CLH	C	0.04%
FLO	D	0.04%
WH	B	0.04%
ELS	B	0.04%
FL	F	0.04%
ULTA	F	0.04%
OLN	F	0.04%
PAYX	B	0.04%
CPNG	D	0.04%
RUSHA	B	0.04%
TRN	A	0.04%
SANM	B	0.04%
BLDR	D	0.04%
RGLD	C	0.04%
CVLT	B	0.04%
FDS	B	0.04%
NBIX	C	0.04%
NWSA	B	0.04%
WTM	A	0.04%
PTC	B	0.04%
OGN	F	0.04%
BHF	C	0.04%
ATI	C	0.04%
IPG	F	0.04%
MAC	A	0.04%
GBX	B	0.04%
HUBG	A	0.04%
HEI	A	0.04%
FTI	A	0.04%
VLTO	C	0.04%
SIG	C	0.04%
MHO	D	0.04%
CNC	F	0.04%
ZBRA	B	0.04%
GATX	B	0.04%
CRBG	B	0.04%
EME	A	0.04%
HOOD	A	0.04%
AROC	A	0.04%
ABM	B	0.04%
NDSN	D	0.04%
ERIE	F	0.04%
DCI	B	0.04%
WERN	B	0.04%
COKE	C	0.03%
RRC	B	0.03%
HXL	F	0.03%
SBAC	D	0.03%
GMED	A	0.03%
DRH	B	0.03%
PNM	B	0.03%
ACA	A	0.03%
LZB	B	0.03%
HAE	C	0.03%
UNF	B	0.03%
PINC	B	0.03%
APAM	B	0.03%
FNF	A	0.03%
VC	F	0.03%
MAN	F	0.03%
DK	D	0.03%
AMKR	F	0.03%
COLD	F	0.03%
LBRDK	C	0.03%
DRI	C	0.03%
BKE	B	0.03%
FHI	B	0.03%
MRO	A	0.03%
AVTR	F	0.03%
OMF	A	0.03%
BURL	A	0.03%
X	C	0.03%
TER	F	0.03%
UDR	C	0.03%
PLXS	B	0.03%
CDW	F	0.03%
CG	B	0.03%
OI	D	0.03%
PRG	C	0.03%
APLE	B	0.03%
ASO	F	0.03%
SHOO	D	0.03%
AVA	C	0.03%
DBRG	F	0.03%
LW	C	0.03%
HSIC	C	0.03%
HOLX	D	0.03%
COHR	B	0.03%
GMS	B	0.03%
CDP	C	0.03%
RLI	A	0.03%
BLD	F	0.03%
DDS	B	0.03%
GGG	B	0.03%
KBH	D	0.03%
GNW	A	0.03%
DOX	D	0.03%
SM	C	0.03%
CPAY	A	0.03%
MC	B	0.03%
MATX	B	0.03%
MASI	B	0.03%
TPX	B	0.03%
NYT	D	0.03%
BJ	B	0.03%
ACM	B	0.03%
MORN	B	0.03%
MANH	D	0.03%
ODP	F	0.02%
IOSP	C	0.02%
LXP	D	0.02%
SAH	B	0.02%
KEX	B	0.02%
TTMI	B	0.02%
VSH	F	0.02%
SSNC	C	0.02%
LAUR	A	0.02%
AA	A	0.02%
BHE	B	0.02%
BRKR	F	0.02%
GT	C	0.02%
GME	C	0.02%
WBS	A	0.02%
PHIN	B	0.02%
AXTA	B	0.02%
ANDE	F	0.02%
ZION	B	0.02%
APG	C	0.02%
NSP	F	0.02%
ODFL	B	0.02%
DNOW	B	0.02%
LAD	B	0.02%
REZI	A	0.02%
PMT	D	0.02%
HNI	B	0.02%
XRAY	D	0.02%
WKC	D	0.02%
SNDR	B	0.02%
OSIS	A	0.02%
NAVI	F	0.02%
WMS	F	0.02%
LNW	F	0.02%
PNR	B	0.02%
EPC	F	0.02%
M	D	0.02%
AGCO	F	0.02%
KBR	F	0.02%
JBLU	F	0.02%
PFSI	C	0.02%
VVV	D	0.02%
THS	F	0.02%
RHI	C	0.02%
SKX	F	0.02%
CC	D	0.02%
DLB	F	0.02%
NWL	B	0.02%
MDU	D	0.02%
SXT	C	0.02%
RLJ	C	0.02%
YELP	C	0.02%
DORM	B	0.02%
APOG	B	0.02%
GWRE	A	0.02%
SAM	C	0.02%
CTLT	D	0.02%
PSN	C	0.02%
XHR	B	0.02%
PDCO	F	0.02%
PBF	D	0.02%
MKTX	D	0.02%
CINF	A	0.02%
EWBC	A	0.02%
NTCT	C	0.02%
VSCO	A	0.02%
MCY	B	0.02%
AIR	B	0.02%
SBH	B	0.02%
PAG	B	0.02%
BFAM	F	0.02%
VSTO	A	0.02%
CCL	A	0.02%
RYN	D	0.02%
AKAM	F	0.02%
ADNT	F	0.02%
ORA	B	0.02%
MTG	D	0.02%
TFX	F	0.02%
GEF	B	0.02%
MSA	D	0.02%
WRB	B	0.02%
GHC	B	0.02%
STC	B	0.02%
SVC	F	0.01%
QRVO	F	0.01%
AAP	D	0.01%
CPRI	F	0.01%
NOV	D	0.01%
KNX	B	0.01%
RKT	F	0.01%
UHAL	D	0.01%
JELD	F	0.01%
DINO	D	0.01%
SCL	D	0.01%
MLKN	F	0.01%
IGT	F	0.01%
CACC	F	0.01%
PARA	D	0.01%
RVTY	D	0.01%
ARI	C	0.01%
WOR	F	0.01%
ELAN	D	0.01%
CNXN	D	0.01%
SPR	D	0.01%
CLF	F	0.01%
ACI	C	0.01%
GIII	D	0.01%
UGI	C	0.01%
ECPG	C	0.01%
ALEX	B	0.01%
UVV	B	0.01%
JBGS	F	0.01%
HTH	B	0.01%
SEB	F	0.01%
MKSI	C	0.01%
RDN	D	0.01%
IMKTA	C	0.01%
XRX	F	0.01%
SR	A	0.01%
ARMK	C	0.01%
OUT	A	0.01%
SHO	D	0.01%
WGO	D	0.01%
AMED	F	0.01%
CNS	B	0.01%
SSB	B	0.01%
SWX	A	0.01%
KALU	C	0.01%
ESI	B	0.01%
CENTA	C	0.01%
CVI	D	0.01%
ARCH	B	0.01%
PECO	A	0.01%
PB	A	0.01%
CNM	C	0.01%
SAIC	F	0.01%
OMI	F	0.01%
FDP	B	0.01%
SIGI	B	0.01%
LEA	F	0.01%
WAFD	B	0.01%
CROX	F	0.01%
BRC	C	0.01%
DY	C	0.01%
SPB	C	0.01%
PPC	B	0.01%
CFR	B	0.01%
FELE	B	0.01%
DAN	F	0.01%
WMK	B	0.01%
FLR	B	0.01%
KN	B	0.01%
STRA	C	0.01%
BBWI	C	0.01%
ESNT	D	0.01%
IDCC	B	0.01%
LADR	B	0.01%
INCY	C	0.01%
NNI	D	0.01%
GES	F	0.01%
ESAB	C	0.01%
CWEN	C	0.01%
ONB	B	0.01%
CBSH	A	0.01%
WWD	B	0.01%
TTEK	F	0.01%
MUR	F	0.01%
CR	A	0.01%
ICUI	D	0.01%
CSGS	B	0.01%
BMRN	F	0.01%
TNET	F	0.01%
FYBR	C	0.01%
HE	C	0.01%
CADE	B	0.01%
WTFC	B	0.01%
PSMT	D	0.01%
ALGN	D	0.01%
ADC	A	0.01%
SATS	C	0.01%
RBC	A	0.01%
UHAL	D	0.01%
GOLF	B	0.01%
FR	C	0.01%
DTM	A	0.01%
DEI	B	0.01%
AMWD	C	0.01%
PTEN	C	0.01%
SCS	B	0.01%
TDC	D	0.01%
NOMD	D	0.0%
WOLF	F	0.0%
HUN	F	0.0%

MFUS Underweight 127 Positions Relative to SCHJ

Symbol	Grade	Weight
MDT	D	-0.1%
BABA	D	-0.09%
STLA	F	-0.07%
ETN	B	-0.05%
MCHP	F	-0.05%
MSFT	D	-0.05%
BHP	F	-0.04%
FDX	B	-0.04%
WLK	F	-0.04%
HON	B	-0.04%
GSK	F	-0.04%
LUV	B	-0.04%
DIS	B	-0.04%
AMCR	D	-0.03%
KEYS	C	-0.03%
VMC	B	-0.03%
SWKS	F	-0.03%
HAS	D	-0.03%
MAIN	A	-0.03%
TEL	C	-0.03%
GP	F	-0.03%
ORI	A	-0.03%
TME	F	-0.03%
SNX	D	-0.03%
WB	C	-0.03%
FRT	B	-0.03%
OPI	F	-0.03%
FTV	D	-0.03%
JD	D	-0.03%
AWH	F	-0.03%
SWK	F	-0.03%
HAL	C	-0.03%
TT	A	-0.03%
LVS	B	-0.03%
EPD	A	-0.03%
GOOGL	B	-0.03%
ARCC	A	-0.03%
BIDU	F	-0.03%
HSBC	A	-0.03%
TSLX	C	-0.02%
TCPC	C	-0.02%
FNB	B	-0.02%
VLY	B	-0.02%
ALLE	D	-0.02%
ADI	D	-0.02%
APD	A	-0.02%
SBRA	B	-0.02%
OCSL	F	-0.02%
GXO	B	-0.02%
HTGC	D	-0.02%
BCSF	A	-0.02%
PSEC	D	-0.02%
AGO	A	-0.02%
RNR	C	-0.02%
HES	B	-0.02%
TRMB	B	-0.02%
KRC	C	-0.02%
ILMN	C	-0.02%
EL	F	-0.02%
GBDC	B	-0.02%
CF	A	-0.02%
DAL	A	-0.02%
LAZ	B	-0.02%
GSBD	F	-0.02%
TDY	B	-0.02%
BKH	A	-0.02%
VOYA	B	-0.02%
MRVL	B	-0.02%
ROK	B	-0.02%
INTU	B	-0.02%
BG	D	-0.02%
ARE	F	-0.02%
CNP	A	-0.02%
CNA	C	-0.02%
EQIX	A	-0.02%
WEC	A	-0.02%
AWK	C	-0.02%
DVN	F	-0.02%
XEL	A	-0.02%
SITC	D	-0.02%
EXPE	B	-0.02%
ABT	A	-0.02%
LH	B	-0.02%
SYK	A	-0.02%
ROST	D	-0.02%
AGR	A	-0.02%
CNH	C	-0.02%
NXPI	F	-0.02%
CRM	B	-0.02%
GPN	C	-0.02%
CM	A	-0.02%
AL	B	-0.02%
VOD	D	-0.02%
EOG	A	-0.02%
AER	B	-0.02%
BNS	A	-0.02%
DB	D	-0.02%
PCG	A	-0.02%
RY	B	-0.02%
MUFG	A	-0.02%
NWG	B	-0.02%
ALB	B	-0.01%
PDM	D	-0.01%
OGE	A	-0.01%
CP	F	-0.01%
WEST	C	-0.01%
OGS	A	-0.01%
PAA	B	-0.01%
APTV	F	-0.01%
HUM	D	-0.01%
STT	B	-0.01%
BMO	A	-0.01%
TD	D	-0.01%
AZN	F	-0.01%
ZBH	C	-0.01%
BA	D	-0.01%
CTRA	B	-0.0%
AEE	A	-0.0%
PCAR	C	-0.0%
BDN	C	-0.0%
BRX	A	-0.0%
TXT	D	-0.0%
LIN	D	-0.0%
DOC	D	-0.0%
FSK	A	-0.0%
MPLX	A	-0.0%
DE	C	-0.0%