MFUS vs. SMMD ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to iShares Russell 2500 ETF (SMMD)

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

$49.89

Average Daily Volume

7,858

Number of Holdings ^*

809

* may have additional holdings in another (foreign) market

SMMD

iShares Russell 2500 ETF

SMMD Description

The investment seeks to track the investment results of the Russell 2500TM Index. The fund generally will invest at least 90% of its assets in the component securities, including indirect investments through the underlying fund, of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index measures the performance of the small- to mid-capitalization sector of the U.S. equity market, as defined by FTSE Russell.

Grade (RS Rating)

Last Trade

$66.59

Average Daily Volume

76,910

Number of Holdings ^*

497

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	SMMD
30 Days	1.13%	0.12%
60 Days	7.14%	5.40%
90 Days	6.07%	7.72%
12 Months	35.58%	27.02%

265 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in SMMD	Overlap
AA	B	0.01%	0.16%	0.01%
AAP	F	0.01%	0.04%	0.01%
ACI	F	0.01%	0.12%	0.01%
ACM	C	0.03%	0.22%	0.03%
ADC	B	0.01%	0.12%	0.01%
AGCO	D	0.02%	0.1%	0.02%
AGNC	C	0.04%	0.12%	0.04%
AIZ	A	0.08%	0.16%	0.08%
ALLY	F	0.05%	0.15%	0.05%
ALSN	A	0.09%	0.13%	0.09%
AMED	D	0.01%	0.05%	0.01%
AMG	B	0.06%	0.09%	0.06%
AMH	D	0.04%	0.21%	0.04%
AMKR	F	0.03%	0.06%	0.03%
AN	C	0.07%	0.07%	0.07%
AOS	B	0.1%	0.17%	0.1%
APG	F	0.02%	0.12%	0.02%
AR	B	0.04%	0.13%	0.04%
ARMK	A	0.01%	0.16%	0.01%
ARW	C	0.05%	0.11%	0.05%
ATI	B	0.05%	0.13%	0.05%
ATR	A	0.08%	0.17%	0.08%
AVT	C	0.04%	0.08%	0.04%
AVY	C	0.1%	0.28%	0.1%
AWI	A	0.03%	0.09%	0.03%
AXTA	C	0.02%	0.13%	0.02%
AYI	A	0.08%	0.13%	0.08%
BBWI	F	0.01%	0.11%	0.01%
BC	D	0.06%	0.09%	0.06%
BERY	C	0.06%	0.13%	0.06%
BFAM	C	0.03%	0.13%	0.03%
BHF	F	0.04%	0.04%	0.04%
BJ	D	0.03%	0.17%	0.03%
BLD	C	0.04%	0.2%	0.04%
BRKR	D	0.02%	0.12%	0.02%
BWA	B	0.01%	0.13%	0.01%
BWXT	A	0.09%	0.16%	0.09%
BXP	C	0.02%	0.2%	0.02%
CACC	F	0.01%	0.04%	0.01%
CACI	A	0.09%	0.17%	0.09%
CASY	D	0.15%	0.22%	0.15%
CBSH	D	0.01%	0.11%	0.01%
CC	D	0.02%	0.05%	0.02%
CCK	C	0.06%	0.18%	0.06%
CFR	D	0.01%	0.11%	0.01%
CG	C	0.02%	0.15%	0.02%
CHE	C	0.06%	0.14%	0.06%
CHRW	A	0.14%	0.2%	0.14%
CLF	D	0.01%	0.09%	0.01%
CLH	C	0.04%	0.2%	0.04%
CMA	C	0.04%	0.12%	0.04%
CNM	F	0.01%	0.14%	0.01%
COHR	B	0.03%	0.19%	0.03%
COKE	B	0.03%	0.12%	0.03%
COLD	D	0.04%	0.13%	0.04%
CPRI	B	0.01%	0.07%	0.01%
CPT	C	0.06%	0.2%	0.06%
CR	B	0.01%	0.12%	0.01%
CRI	D	0.06%	0.04%	0.04%
CROX	C	0.02%	0.14%	0.02%
CRUS	D	0.04%	0.1%	0.04%
CTLT	A	0.02%	0.17%	0.02%
CUBE	C	0.05%	0.19%	0.05%
CW	A	0.1%	0.2%	0.1%
CWEN	C	0.02%	0.02%	0.02%
CWEN	C	0.02%	0.04%	0.02%
DCI	B	0.04%	0.14%	0.04%
DDS	D	0.03%	0.02%	0.02%
DINO	F	0.01%	0.11%	0.01%
DKS	D	0.09%	0.19%	0.09%
DLB	D	0.02%	0.07%	0.02%
DOX	B	0.03%	0.16%	0.03%
DTM	A	0.01%	0.12%	0.01%
DVA	C	0.17%	0.13%	0.13%
DXC	D	0.01%	0.06%	0.01%
EHC	B	0.09%	0.15%	0.09%
ELAN	D	0.01%	0.11%	0.01%
ELS	D	0.04%	0.21%	0.04%
EME	C	0.04%	0.32%	0.04%
EQH	C	0.08%	0.21%	0.08%
ESAB	C	0.01%	0.1%	0.01%
ESI	B	0.01%	0.1%	0.01%
EVR	C	0.11%	0.15%	0.11%
EWBC	D	0.02%	0.18%	0.02%
EXEL	B	0.04%	0.12%	0.04%
EXP	C	0.06%	0.15%	0.06%
FAF	B	0.02%	0.1%	0.02%
FCN	C	0.06%	0.13%	0.06%
FDS	C	0.04%	0.28%	0.04%
FFIV	B	0.06%	0.2%	0.06%
FHN	D	0.01%	0.13%	0.01%
FIX	A	0.05%	0.22%	0.05%
FLO	D	0.04%	0.07%	0.04%
FR	C	0.02%	0.12%	0.02%
FTI	B	0.04%	0.17%	0.04%
FYBR	C	0.01%	0.14%	0.01%
G	A	0.05%	0.11%	0.05%
GAP	F	0.05%	0.07%	0.05%
GGG	B	0.03%	0.23%	0.03%
GLPI	A	0.07%	0.21%	0.07%
GME	F	0.01%	0.13%	0.01%
GMED	D	0.02%	0.13%	0.02%
GNRC	B	0.05%	0.14%	0.05%
GNTX	D	0.05%	0.11%	0.05%
GPK	C	0.08%	0.14%	0.08%
GWRE	A	0.02%	0.23%	0.02%
H	C	0.01%	0.11%	0.01%
HII	F	0.03%	0.16%	0.03%
HLI	C	0.07%	0.13%	0.07%
HOG	D	0.03%	0.07%	0.03%
HOOD	C	0.03%	0.24%	0.03%
HRB	C	0.08%	0.14%	0.08%
HSIC	D	0.03%	0.14%	0.03%
HST	D	0.02%	0.2%	0.02%
HUN	B	0.01%	0.06%	0.01%
HXL	F	0.03%	0.08%	0.03%
INGR	A	0.06%	0.14%	0.06%
IPG	C	0.04%	0.19%	0.04%
ITT	B	0.08%	0.2%	0.08%
IVZ	A	0.03%	0.1%	0.03%
JBL	D	0.03%	0.22%	0.03%
JEF	A	0.02%	0.17%	0.02%
JHG	C	0.04%	0.08%	0.04%
JKHY	A	0.1%	0.2%	0.1%
JLL	B	0.06%	0.2%	0.06%
JNPR	B	0.13%	0.2%	0.13%
JWN	D	0.04%	0.04%	0.04%
KBR	C	0.02%	0.14%	0.02%
KD	F	0.04%	0.08%	0.04%
KEX	C	0.02%	0.11%	0.02%
KIM	C	0.02%	0.24%	0.02%
KMPR	D	0.02%	0.06%	0.02%
KNX	D	0.01%	0.13%	0.01%
KSS	D	0.03%	0.04%	0.03%
LAD	C	0.02%	0.14%	0.02%
LAMR	C	0.05%	0.18%	0.05%
LBRDK	B	0.02%	0.13%	0.02%
LEA	F	0.01%	0.1%	0.01%
LECO	D	0.05%	0.17%	0.05%
LEG	D	0.02%	0.03%	0.02%
LII	C	0.22%	0.31%	0.22%
LNC	D	0.03%	0.08%	0.03%
LNW	F	0.02%	0.13%	0.02%
LOPE	D	0.04%	0.07%	0.04%
LPX	A	0.08%	0.11%	0.08%
LSTR	D	0.09%	0.11%	0.09%
M	F	0.02%	0.07%	0.02%
MAN	D	0.03%	0.05%	0.03%
MANH	C	0.04%	0.28%	0.04%
MASI	B	0.03%	0.09%	0.03%
MDU	C	0.03%	0.09%	0.03%
MHK	B	0.01%	0.13%	0.01%
MKSI	F	0.01%	0.12%	0.01%
MKTX	C	0.02%	0.15%	0.02%
MORN	C	0.03%	0.13%	0.03%
MOS	D	0.01%	0.13%	0.01%
MSA	F	0.03%	0.11%	0.03%
MSM	D	0.06%	0.06%	0.06%
MTG	B	0.03%	0.11%	0.03%
MTN	D	0.05%	0.11%	0.05%
MUSA	D	0.15%	0.15%	0.15%
NBIX	F	0.04%	0.18%	0.04%
NDSN	B	0.05%	0.23%	0.05%
NEU	F	0.03%	0.06%	0.03%
NFG	A	0.05%	0.09%	0.05%
NI	A	0.02%	0.24%	0.02%
NNN	A	0.01%	0.14%	0.01%
NOV	F	0.01%	0.1%	0.01%
NRG	A	0.07%	0.3%	0.07%
NWL	D	0.02%	0.05%	0.02%
NWSA	D	0.04%	0.16%	0.04%
NXST	D	0.05%	0.08%	0.05%
NYT	A	0.04%	0.14%	0.04%
OC	C	0.02%	0.24%	0.02%
OGN	F	0.05%	0.08%	0.05%
OHI	C	0.02%	0.16%	0.02%
OLN	D	0.04%	0.09%	0.04%
OMF	F	0.02%	0.08%	0.02%
OSK	F	0.03%	0.1%	0.03%
PAG	D	0.02%	0.05%	0.02%
PARA	F	0.01%	0.1%	0.01%
PB	D	0.01%	0.1%	0.01%
PINC	F	0.02%	0.03%	0.02%
PK	D	0.06%	0.05%	0.05%
PKG	C	0.07%	0.3%	0.07%
PNR	C	0.02%	0.26%	0.02%
PNW	A	0.01%	0.16%	0.01%
POOL	B	0.07%	0.22%	0.07%
POST	C	0.05%	0.09%	0.05%
PPC	B	0.01%	0.03%	0.01%
PSN	A	0.02%	0.08%	0.02%
PSTG	F	0.04%	0.25%	0.04%
PVH	F	0.02%	0.09%	0.02%
QRVO	F	0.01%	0.16%	0.01%
R	C	0.07%	0.1%	0.07%
RBC	C	0.01%	0.14%	0.01%
RGA	C	0.06%	0.23%	0.06%
RGLD	C	0.04%	0.15%	0.04%
RHI	D	0.02%	0.11%	0.02%
RL	B	0.03%	0.13%	0.03%
RLI	A	0.03%	0.1%	0.03%
RPM	A	0.12%	0.25%	0.12%
RRC	D	0.02%	0.11%	0.02%
RS	D	0.04%	0.26%	0.04%
RYN	C	0.03%	0.07%	0.03%
SAIC	A	0.01%	0.11%	0.01%
SAM	D	0.02%	0.04%	0.02%
SCI	C	0.06%	0.18%	0.06%
SEB	D	0.05%	0.01%	0.01%
SEE	C	0.06%	0.08%	0.06%
SEIC	B	0.07%	0.11%	0.07%
SF	A	0.01%	0.15%	0.01%
SKX	B	0.02%	0.14%	0.02%
SLGN	C	0.05%	0.07%	0.05%
SLM	C	0.05%	0.08%	0.05%
SMG	A	0.04%	0.06%	0.04%
SNDR	C	0.02%	0.02%	0.02%
SNV	D	0.01%	0.1%	0.01%
SON	D	0.04%	0.09%	0.04%
SPB	C	0.01%	0.04%	0.01%
SPR	D	0.01%	0.06%	0.01%
SRCL	B	0.04%	0.09%	0.04%
TDC	D	0.02%	0.05%	0.02%
TFX	C	0.03%	0.18%	0.03%
THC	C	0.29%	0.25%	0.25%
THG	C	0.04%	0.08%	0.04%
THO	B	0.07%	0.09%	0.07%
TKR	D	0.04%	0.09%	0.04%
TOL	A	0.06%	0.24%	0.06%
TPR	B	0.01%	0.17%	0.01%
TPX	C	0.03%	0.14%	0.03%
TTC	D	0.07%	0.14%	0.07%
TTEK	B	0.02%	0.2%	0.02%
TXRH	A	0.06%	0.19%	0.06%
UGI	C	0.01%	0.08%	0.01%
UHAL	A	0.04%	0.01%	0.01%
UHAL	A	0.04%	0.11%	0.04%
UHAL	A	0.01%	0.11%	0.01%
UHAL	A	0.01%	0.01%	0.01%
UHS	D	0.07%	0.22%	0.07%
UNM	A	0.04%	0.16%	0.04%
USFD	C	0.05%	0.23%	0.05%
UTHR	C	0.18%	0.25%	0.18%
VFC	B	0.02%	0.11%	0.02%
VIRT	B	0.05%	0.04%	0.04%
VNO	A	0.07%	0.11%	0.07%
VNT	F	0.01%	0.08%	0.01%
VVV	D	0.02%	0.09%	0.02%
WAL	C	0.02%	0.15%	0.02%
WBS	D	0.01%	0.12%	0.01%
WCC	C	0.07%	0.12%	0.07%
WEN	D	0.05%	0.05%	0.05%
WH	C	0.03%	0.1%	0.03%
WHR	B	0.03%	0.09%	0.03%
WMS	D	0.02%	0.17%	0.02%
WOLF	F	0.0%	0.02%	0.0%
WSO	C	0.2%	0.27%	0.2%
WTFC	D	0.01%	0.11%	0.01%
WTM	D	0.04%	0.07%	0.04%
WU	D	0.07%	0.05%	0.05%
WWD	B	0.01%	0.16%	0.01%
X	F	0.03%	0.13%	0.03%
XPO	F	0.03%	0.2%	0.03%
XRAY	D	0.03%	0.08%	0.03%
ZION	D	0.01%	0.11%	0.01%

MFUS Overweight 547 Positions Relative to SMMD

Symbol	Grade	Weight
LLY	D	2.87%
META	A	2.37%
BRK.A	C	2.37%
AVGO	C	1.68%
WMT	A	1.68%
NVDA	C	1.64%
AMZN	C	1.6%
ABBV	A	1.56%
ORCL	B	1.38%
COST	C	1.36%
JNJ	D	1.28%
KO	C	1.16%
IBM	B	1.14%
VZ	A	1.11%
PG	C	1.04%
AMGN	D	1.01%
MRK	F	1.0%
AAPL	C	0.97%
JPM	D	0.88%
PM	C	0.83%
LMT	A	0.82%
QCOM	D	0.8%
UNH	B	0.79%
GILD	A	0.79%
TGT	C	0.77%
PEP	D	0.77%
T	A	0.74%
WFC	D	0.73%
CVS	D	0.71%
MO	D	0.66%
PFE	D	0.64%
C	B	0.63%
MMM	C	0.63%
GE	C	0.61%
CSCO	A	0.61%
HD	A	0.6%
PGR	C	0.6%
AMAT	B	0.59%
MCD	A	0.55%
UNP	D	0.54%
MCK	F	0.5%
REGN	D	0.49%
NFLX	A	0.46%
XOM	A	0.42%
CL	D	0.41%
BAC	D	0.39%
TJX	C	0.38%
TMUS	A	0.38%
EBAY	A	0.38%
NOC	B	0.38%
KR	C	0.37%
MPC	F	0.36%
CVX	B	0.36%
BMY	B	0.36%
BKNG	C	0.36%
GS	C	0.35%
LOW	A	0.34%
AIG	F	0.34%
TMO	C	0.33%
MET	A	0.32%
GM	D	0.32%
NOW	C	0.31%
TXN	C	0.3%
HCA	B	0.3%
ICE	A	0.3%
HPQ	C	0.29%
AZO	D	0.29%
DHR	C	0.28%
KLAC	B	0.28%
V	C	0.28%
MA	A	0.27%
SPGI	C	0.27%
ALL	B	0.26%
MDLZ	C	0.26%
WM	B	0.26%
CHTR	D	0.25%
UPS	D	0.25%
ADM	D	0.25%
NEE	A	0.25%
SYF	B	0.24%
GD	A	0.24%
COF	C	0.24%
ANF	F	0.24%
CAH	B	0.24%
PRU	C	0.23%
RTX	A	0.23%
UBER	C	0.23%
AON	A	0.23%
BBY	B	0.23%
PSX	D	0.23%
LHX	A	0.23%
ISRG	A	0.23%
ACN	B	0.23%
NEM	C	0.22%
AFL	A	0.22%
PANW	D	0.22%
VRTX	D	0.22%
SHW	B	0.22%
VST	A	0.21%
FICO	A	0.21%
WSM	B	0.21%
AXP	A	0.21%
BSX	A	0.2%
SFM	A	0.2%
TRV	C	0.2%
ELV	F	0.2%
CAT	A	0.2%
GIS	C	0.2%
CMG	C	0.2%
CTAS	B	0.19%
LRCX	D	0.19%
MMC	D	0.19%
INTC	D	0.19%
GWW	A	0.19%
GLW	B	0.19%
ORLY	A	0.19%
LYB	D	0.18%
MS	B	0.18%
KMB	B	0.18%
MSI	A	0.18%
CB	A	0.17%
TDG	A	0.17%
RMD	C	0.17%
BK	C	0.17%
BLK	A	0.17%
VRSK	D	0.17%
CMCSA	B	0.16%
VLO	F	0.16%
SPG	A	0.16%
BR	B	0.16%
EA	D	0.16%
KHC	D	0.16%
AMT	C	0.16%
TSN	D	0.16%
CI	D	0.15%
DECK	B	0.15%
HWM	A	0.15%
F	D	0.15%
K	B	0.15%
BAH	A	0.15%
MU	D	0.15%
AJG	D	0.14%
KKR	A	0.14%
CME	A	0.14%
DUK	A	0.14%
SMCI	F	0.14%
ANET	A	0.14%
IT	C	0.14%
PLTR	A	0.14%
CMI	B	0.13%
EXR	C	0.13%
EFX	C	0.13%
CEG	B	0.13%
SYY	B	0.13%
DPZ	D	0.13%
RSG	D	0.13%
VTRS	D	0.13%
PH	A	0.13%
SO	A	0.13%
TSCO	A	0.12%
XYL	C	0.12%
MCO	D	0.12%
YUM	A	0.12%
BDX	B	0.12%
AMP	A	0.12%
CLX	B	0.12%
IRM	A	0.12%
PNC	C	0.11%
PHM	A	0.11%
DD	B	0.11%
CSX	D	0.11%
LDOS	A	0.11%
BX	C	0.11%
WBA	F	0.11%
FAST	B	0.11%
PWR	B	0.11%
PYPL	C	0.11%
APH	D	0.11%
BRO	A	0.11%
WELL	C	0.11%
MPWR	B	0.1%
NVR	A	0.1%
MTD	B	0.1%
USB	C	0.1%
DG	F	0.1%
ITW	A	0.1%
WTW	B	0.1%
NTAP	D	0.1%
FOXA	A	0.1%
CRS	C	0.1%
HPE	B	0.1%
PSA	C	0.1%
ADP	A	0.1%
GDDY	D	0.1%
DGX	B	0.09%
AEO	B	0.09%
AEP	C	0.09%
OKE	B	0.09%
GPI	C	0.09%
TRGP	B	0.09%
URI	C	0.09%
KMI	A	0.09%
HLT	A	0.09%
TMHC	C	0.09%
JXN	A	0.09%
EXPD	C	0.09%
DASH	A	0.09%
SBUX	B	0.09%
OTIS	A	0.08%
SLG	C	0.08%
SRE	A	0.08%
BIIB	F	0.08%
TAP	D	0.08%
IP	C	0.08%
TFC	D	0.08%
TYL	B	0.08%
CCI	C	0.08%
CPRT	B	0.08%
BALL	C	0.08%
ADSK	B	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%
IR	A	0.08%
WMB	A	0.08%
NUE	D	0.08%
KDP	C	0.08%
ECL	B	0.08%
NSC	C	0.07%
NSIT	B	0.07%
MLM	D	0.07%
COP	D	0.07%
BKR	B	0.07%
CHD	C	0.07%
UFPI	C	0.07%
MTH	C	0.07%
ROL	B	0.07%
NKE	D	0.07%
HCC	B	0.07%
BCC	C	0.07%
MLI	C	0.07%
ALNY	C	0.07%
MNST	D	0.07%
FIS	C	0.07%
LEN	B	0.07%
EXC	A	0.07%
EMR	B	0.07%
D	A	0.07%
DHI	C	0.07%
CALM	B	0.07%
ABG	D	0.07%
CNC	F	0.06%
ZTS	C	0.06%
CNX	A	0.06%
HSY	D	0.06%
STZ	B	0.06%
L	D	0.06%
COIN	F	0.06%
HIG	A	0.06%
FTNT	A	0.06%
ERIE	A	0.06%
TPH	C	0.06%
ED	A	0.06%
IDXX	D	0.06%
JCI	B	0.06%
PEG	A	0.06%
OMC	C	0.06%
MKC	C	0.06%
MMS	B	0.06%
O	A	0.06%
MSCI	B	0.06%
TTWO	F	0.06%
ROP	C	0.06%
MAS	A	0.06%
MHO	C	0.05%
CBRE	A	0.05%
NDAQ	C	0.05%
URBN	F	0.05%
PPG	D	0.05%
FANG	D	0.05%
IBKR	A	0.05%
CAG	D	0.05%
VLTO	A	0.05%
HBI	B	0.05%
CPB	D	0.05%
COOP	B	0.05%
SQ	D	0.05%
ANSS	D	0.05%
WAT	B	0.05%
BAX	D	0.05%
LPLA	D	0.05%
WAB	A	0.05%
LUMN	C	0.05%
TEX	F	0.05%
ATGE	D	0.05%
CBT	B	0.05%
BTU	B	0.05%
KTB	B	0.05%
FCNCA	D	0.05%
APP	A	0.05%
A	B	0.05%
EIX	A	0.05%
SKYW	B	0.05%
CARR	A	0.05%
TW	A	0.05%
SUI	D	0.05%
CMC	D	0.05%
LANC	F	0.04%
KBH	C	0.04%
TDS	B	0.04%
AVTR	D	0.04%
DBRG	D	0.04%
PAYX	A	0.04%
IFF	C	0.04%
PPL	A	0.04%
TER	C	0.04%
CVLT	C	0.04%
TRN	C	0.04%
CDW	D	0.04%
BDC	B	0.04%
ES	C	0.04%
ASO	D	0.04%
EQR	C	0.04%
ADBE	F	0.04%
CTVA	A	0.04%
STLD	B	0.04%
SLVM	C	0.04%
PTC	D	0.04%
HUBG	D	0.04%
MAC	C	0.04%
CPNG	C	0.04%
FITB	C	0.04%
GATX	F	0.04%
FLEX	C	0.04%
INVH	D	0.04%
MAR	B	0.04%
AROC	B	0.04%
VRSN	B	0.04%
TGNA	B	0.04%
ULTA	D	0.04%
HEI	A	0.04%
CRBG	C	0.04%
SCHW	D	0.04%
VTR	C	0.04%
ABM	D	0.04%
CNO	C	0.04%
CE	D	0.04%
ETR	A	0.04%
FL	F	0.04%
EMN	C	0.04%
BLDR	B	0.04%
GVA	A	0.04%
WST	D	0.04%
SJM	C	0.04%
SIG	C	0.04%
MOG.A	A	0.04%
BKE	D	0.03%
APAM	C	0.03%
NTRS	C	0.03%
FHI	C	0.03%
PLXS	B	0.03%
THS	C	0.03%
DRH	C	0.03%
STC	C	0.03%
LW	D	0.03%
LZB	C	0.03%
UNF	A	0.03%
DELL	C	0.03%
ADNT	D	0.03%
MRO	D	0.03%
FNF	A	0.03%
DLTR	F	0.03%
AKAM	D	0.03%
HBAN	D	0.03%
DK	F	0.03%
SBAC	B	0.03%
CPAY	A	0.03%
BKU	D	0.03%
VC	F	0.03%
OI	D	0.03%
DRI	C	0.03%
GMS	C	0.03%
APLE	D	0.03%
MATX	C	0.03%
BURL	D	0.03%
UDR	C	0.03%
WPC	C	0.03%
PRG	C	0.03%
GNW	C	0.03%
MC	C	0.03%
MTB	C	0.03%
SM	F	0.03%
AVB	C	0.03%
RPRX	B	0.03%
GBX	C	0.03%
AVA	D	0.03%
HUBB	A	0.03%
CMS	A	0.03%
HOLX	D	0.03%
CFG	D	0.03%
SHOO	A	0.03%
RUSHA	D	0.03%
GEO	F	0.03%
PRIM	C	0.03%
SEM	D	0.03%
FE	B	0.03%
SANM	D	0.03%
GES	F	0.02%
BHE	C	0.02%
PHIN	C	0.02%
DAN	D	0.02%
ALGN	D	0.02%
DNOW	F	0.02%
EVRG	C	0.02%
SSNC	C	0.02%
ATO	A	0.02%
BEN	F	0.02%
ODFL	D	0.02%
VSCO	C	0.02%
HP	F	0.02%
AES	B	0.02%
SATS	C	0.02%
CSL	A	0.02%
LXP	D	0.02%
JBLU	B	0.02%
ODP	F	0.02%
HNI	B	0.02%
APOG	B	0.02%
VSH	F	0.02%
CCL	C	0.02%
DORM	C	0.02%
ANDE	D	0.02%
OSIS	B	0.02%
ZBRA	A	0.02%
ESS	C	0.02%
NAVI	D	0.02%
DTE	A	0.02%
HRL	F	0.02%
MCY	B	0.02%
LNT	A	0.02%
DOV	C	0.02%
YELP	D	0.02%
PMT	C	0.02%
CINF	A	0.02%
EPC	F	0.02%
MAA	C	0.02%
NSP	F	0.02%
VSTO	D	0.02%
NTCT	B	0.02%
DOW	B	0.02%
RLJ	D	0.02%
GHC	B	0.02%
SXT	C	0.02%
XHR	B	0.02%
CXW	F	0.02%
PBF	F	0.02%
AIR	D	0.02%
HAE	D	0.02%
SBH	C	0.02%
GEF	D	0.02%
PFSI	C	0.02%
JBHT	D	0.02%
KEY	C	0.02%
WRB	B	0.02%
ACA	C	0.02%
ORA	C	0.02%
PDCO	F	0.02%
WERN	D	0.02%
PNM	B	0.02%
SCL	D	0.01%
MLKN	F	0.01%
ARCH	D	0.01%
KALU	D	0.01%
ECPG	F	0.01%
GIII	C	0.01%
SSB	C	0.01%
UVV	D	0.01%
ARI	F	0.01%
HTH	D	0.01%
IGT	F	0.01%
WGO	D	0.01%
UAL	B	0.01%
CNXN	C	0.01%
ALEX	D	0.01%
RDN	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%
IDCC	A	0.01%
SR	C	0.01%
RKT	C	0.01%
SWX	C	0.01%
SIGI	D	0.01%
WAFD	D	0.01%
SHO	D	0.01%
CENTA	F	0.01%
PECO	C	0.01%
INCY	B	0.01%
JBGS	C	0.01%
PFG	C	0.01%
FLR	D	0.01%
WMK	D	0.01%
JELD	D	0.01%
CADE	D	0.01%
ONB	D	0.01%
BRC	C	0.01%
XRX	D	0.01%
FELE	C	0.01%
STRA	F	0.01%
CSGS	C	0.01%
TTMI	D	0.01%
KN	C	0.01%
DY	C	0.01%
CVI	F	0.01%
OMI	F	0.01%
LADR	D	0.01%
NNI	C	0.01%
AMWD	B	0.01%
GOLF	F	0.01%
DEI	A	0.01%
SAH	D	0.01%
IOSP	F	0.01%
TNET	F	0.01%
REZI	D	0.01%
SLB	D	0.01%
PTEN	F	0.01%
ICUI	B	0.01%
MUR	F	0.01%
HE	F	0.01%
GT	F	0.01%
PSMT	B	0.01%
SCS	D	0.01%
ESNT	C	0.01%
LAUR	C	0.01%
RF	C	0.01%
BMRN	F	0.01%
SCCO	B	0.0%
NOMD	D	0.0%

MFUS Underweight 234 Positions Relative to SMMD

Symbol	Grade	Weight
IWM	C	-41.59%
SW	C	-0.41%
EQT	B	-0.33%
CVNA	A	-0.29%
TXT	F	-0.26%
TPL	B	-0.26%
EG	B	-0.26%
DT	C	-0.25%
NTNX	C	-0.24%
SNA	A	-0.24%
GEN	B	-0.23%
RNR	A	-0.22%
NTRA	A	-0.22%
REG	C	-0.21%
EXAS	C	-0.2%
WING	B	-0.2%
ALLE	A	-0.2%
FND	C	-0.2%
NVT	D	-0.19%
PFGC	A	-0.19%
TECH	C	-0.19%
TOST	C	-0.19%
RRX	C	-0.18%
SRPT	F	-0.18%
SAIA	D	-0.18%
CHK	D	-0.17%
FBIN	C	-0.17%
REXR	D	-0.17%
ONTO	B	-0.17%
AFG	C	-0.16%
KNSL	D	-0.16%
HAS	A	-0.16%
CRL	F	-0.16%
DUOL	B	-0.16%
NLY	C	-0.16%
Z	C	-0.16%
RIVN	F	-0.15%
PRI	A	-0.15%
CHDN	D	-0.15%
WYNN	B	-0.15%
ROKU	C	-0.15%
FRT	D	-0.15%
MTCH	B	-0.15%
CAVA	C	-0.15%
WTRG	D	-0.15%
AFRM	C	-0.15%
OLED	C	-0.15%
GL	C	-0.15%
TKO	A	-0.15%
OVV	F	-0.15%
PR	F	-0.14%
ORI	B	-0.14%
CZR	B	-0.14%
DAY	B	-0.14%
SNX	C	-0.14%
CIEN	A	-0.14%
NCLH	C	-0.14%
EGP	D	-0.14%
BRBR	C	-0.13%
VOYA	A	-0.13%
SSD	B	-0.13%
SOFI	C	-0.13%
OGE	A	-0.13%
BRX	C	-0.13%
RGEN	F	-0.13%
FMC	B	-0.13%
MEDP	F	-0.13%
GLOB	B	-0.13%
WEX	C	-0.13%
APA	F	-0.13%
PLNT	B	-0.12%
WSC	D	-0.12%
PNFP	D	-0.12%
TREX	D	-0.12%
AAON	A	-0.12%
SMAR	A	-0.12%
LSCC	D	-0.12%
MIDD	D	-0.12%
ITCI	D	-0.12%
SWN	D	-0.12%
MTZ	B	-0.12%
AAL	D	-0.12%
CHRD	F	-0.12%
AZEK	C	-0.11%
U	D	-0.11%
RYAN	A	-0.11%
SITE	D	-0.11%
CART	C	-0.11%
JAZZ	F	-0.11%
HR	D	-0.11%
ACHC	F	-0.11%
FLS	A	-0.11%
CGNX	F	-0.11%
SN	B	-0.11%
PEN	D	-0.11%
BPOP	D	-0.11%
STAG	D	-0.11%
PCTY	B	-0.11%
BSY	D	-0.11%
ELF	F	-0.1%
DBX	B	-0.1%
INSP	B	-0.1%
OLLI	C	-0.1%
GXO	D	-0.1%
WFRD	F	-0.1%
GTLB	D	-0.1%
AXS	A	-0.1%
AZPN	C	-0.1%
ESTC	F	-0.1%
FRPT	C	-0.1%
MTSI	B	-0.1%
IONS	F	-0.1%
MAT	D	-0.1%
BIO	B	-0.1%
STWD	C	-0.1%
PCOR	D	-0.1%
ETSY	F	-0.1%
VKTX	C	-0.1%
LFUS	C	-0.1%
S	C	-0.1%
BILL	D	-0.09%
RITM	D	-0.09%
COLB	C	-0.09%
ST	F	-0.09%
LAZ	C	-0.09%
CELH	F	-0.09%
ALK	B	-0.09%
PATH	D	-0.09%
MTDR	F	-0.09%
VMI	B	-0.09%
DAR	F	-0.09%
LYFT	D	-0.08%
HCP	B	-0.08%
CFLT	F	-0.08%
TPG	B	-0.08%
ROIV	D	-0.08%
RARE	C	-0.08%
FNB	D	-0.08%
CCCS	D	-0.08%
CIVI	F	-0.08%
RH	C	-0.08%
W	D	-0.08%
AM	A	-0.08%
FIVE	D	-0.08%
DOCS	A	-0.08%
IDA	C	-0.08%
FOUR	B	-0.08%
APPF	C	-0.08%
AGO	B	-0.07%
EEFT	F	-0.07%
LITE	A	-0.07%
PII	D	-0.07%
ASH	F	-0.07%
BYD	C	-0.07%
VNOM	B	-0.07%
CUZ	C	-0.07%
OZK	F	-0.07%
KRC	C	-0.07%
AL	D	-0.07%
PRGO	F	-0.06%
LBTYK	A	-0.06%
MPW	C	-0.06%
IRDM	B	-0.06%
BROS	F	-0.06%
LBTYA	A	-0.06%
COTY	F	-0.06%
GTES	C	-0.06%
EPR	C	-0.06%
CHH	B	-0.06%
MSGS	A	-0.06%
IAC	C	-0.06%
PENN	D	-0.05%
ALGM	F	-0.05%
ZG	C	-0.05%
FHB	D	-0.05%
TNL	B	-0.05%
LCID	D	-0.05%
APLS	F	-0.05%
NWS	D	-0.05%
NSA	C	-0.05%
ZI	F	-0.05%
PEGA	B	-0.05%
NVST	D	-0.05%
DNB	D	-0.05%
YETI	B	-0.05%
HIW	C	-0.05%
MP	B	-0.04%
RCM	B	-0.04%
TXG	F	-0.04%
LLYVK	A	-0.04%
BOKF	D	-0.04%
QDEL	D	-0.04%
ENOV	F	-0.04%
HHH	C	-0.04%
CNXC	F	-0.04%
SHC	C	-0.04%
DV	F	-0.04%
NCNO	F	-0.04%
RNG	F	-0.04%
AZTA	F	-0.04%
VAC	D	-0.04%
CXT	F	-0.04%
COLM	B	-0.04%
CLVT	D	-0.04%
UA	B	-0.03%
UAA	B	-0.03%
GO	F	-0.03%
REYN	D	-0.03%
INFA	D	-0.03%
BIRK	F	-0.03%
VSTS	D	-0.03%
IPGP	D	-0.03%
FIVN	F	-0.03%
HAYW	B	-0.03%
QS	F	-0.03%
ADT	D	-0.03%
LLYVA	A	-0.02%
PYCR	D	-0.02%
ALAB	D	-0.02%
LBRDA	B	-0.02%
CERT	F	-0.02%
FTRE	F	-0.02%
CAR	D	-0.02%
TRIP	F	-0.02%
PLTK	C	-0.01%
NFE	F	-0.01%
TFSL	F	-0.01%
LOAR	C	-0.01%
DJT	F	-0.01%
UWMC	D	-0.01%
UI	A	-0.01%
AS	B	-0.01%
SEG	D	-0.0%
PARAA	D	-0.0%