MFUS vs. USSG ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to Xtrackers MSCI USA ESG Leaders Equity ETF (USSG)

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

$52.01

Average Daily Volume

5,505

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

USSG

Xtrackers MSCI USA ESG Leaders Equity ETF

USSG Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI USA ESG Leaders Index (the underlying index). The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index, which is a capitalization weighted index that provides exposure to companies with high ESG performance relative to their sector peers. The fund uses a full replication indexing strategy to seek to track the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$55.76

Average Daily Volume

101,221

Number of Holdings ^*

288

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	USSG
30 Days	2.57%	4.21%
60 Days	8.30%	11.05%
90 Days	10.72%	13.25%
12 Months	38.91%	40.32%

219 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in USSG	Overlap
A	D	0.05%	0.15%	0.05%
ACI	C	0.01%	0.02%	0.01%
ACN	C	0.24%	0.81%	0.24%
ADBE	F	0.04%	0.8%	0.04%
ADP	A	0.11%	0.45%	0.11%
ADSK	A	0.09%	0.23%	0.09%
AFL	D	0.21%	0.21%	0.21%
AIZ	A	0.08%	0.04%	0.04%
AKAM	F	0.03%	0.06%	0.03%
ALGN	F	0.01%	0.06%	0.01%
ALL	B	0.25%	0.18%	0.18%
ALLY	C	0.05%	0.04%	0.04%
AMAT	D	0.55%	0.57%	0.55%
AMGN	C	1.03%	0.64%	0.64%
AMP	B	0.17%	0.2%	0.17%
AMT	F	0.15%	0.37%	0.15%
ANSS	B	0.05%	0.11%	0.05%
ATO	A	0.02%	0.08%	0.02%
AVTR	F	0.03%	0.06%	0.03%
AVY	F	0.1%	0.06%	0.06%
AXP	B	0.22%	0.58%	0.22%
AZO	D	0.28%	0.2%	0.2%
BALL	F	0.07%	0.07%	0.07%
BBWI	D	0.01%	0.02%	0.01%
BBY	D	0.22%	0.07%	0.07%
BEN	C	0.02%	0.02%	0.02%
BIIB	F	0.07%	0.09%	0.07%
BK	B	0.18%	0.21%	0.18%
BKNG	B	0.41%	0.62%	0.41%
BKR	B	0.07%	0.14%	0.07%
BMY	C	0.4%	0.42%	0.4%
BR	A	0.16%	0.09%	0.09%
BURL	C	0.03%	0.06%	0.03%
BXP	B	0.02%	0.04%	0.02%
CAG	F	0.04%	0.05%	0.04%
CARR	D	0.05%	0.23%	0.05%
CAT	B	0.2%	0.69%	0.2%
CBRE	A	0.05%	0.15%	0.05%
CCI	D	0.07%	0.17%	0.07%
CFG	B	0.04%	0.08%	0.04%
CHD	C	0.07%	0.09%	0.07%
CHRW	B	0.13%	0.04%	0.04%
CHTR	B	0.3%	0.13%	0.13%
CI	F	0.13%	0.33%	0.13%
CL	F	0.37%	0.27%	0.27%
CLX	B	0.13%	0.07%	0.07%
CMCSA	B	0.16%	0.63%	0.16%
CMI	B	0.13%	0.17%	0.13%
CMS	D	0.03%	0.08%	0.03%
COF	B	0.27%	0.23%	0.23%
COR	B	0.17%	0.16%	0.16%
CPB	D	0.05%	0.03%	0.03%
CSX	B	0.11%	0.24%	0.11%
CTAS	A	0.19%	0.28%	0.19%
CTLT	D	0.02%	0.04%	0.02%
DASH	A	0.1%	0.18%	0.1%
DECK	B	0.16%	0.09%	0.09%
DFS	B	0.09%	0.14%	0.09%
DGX	B	0.09%	0.06%	0.06%
DHI	D	0.07%	0.19%	0.07%
DHR	F	0.26%	0.62%	0.26%
DINO	F	0.01%	0.02%	0.01%
DKS	D	0.08%	0.04%	0.04%
DLR	B	0.09%	0.22%	0.09%
DOV	B	0.02%	0.1%	0.02%
DPZ	C	0.13%	0.06%	0.06%
DRI	B	0.03%	0.07%	0.03%
DVA	D	0.15%	0.03%	0.03%
EA	B	0.17%	0.15%	0.15%
EBAY	D	0.36%	0.12%	0.12%
ECL	D	0.08%	0.24%	0.08%
ED	D	0.06%	0.13%	0.06%
EIX	D	0.05%	0.12%	0.05%
ELV	F	0.16%	0.36%	0.16%
EME	B	0.04%	0.08%	0.04%
EQH	B	0.08%	0.05%	0.05%
ES	D	0.04%	0.08%	0.04%
EXC	D	0.07%	0.14%	0.07%
EXPD	D	0.11%	0.06%	0.06%
FDS	B	0.04%	0.06%	0.04%
FI	B	0.18%	0.45%	0.18%
FICO	B	0.22%	0.19%	0.19%
FIS	C	0.08%	0.19%	0.08%
FOXA	B	0.11%	0.04%	0.04%
GE	C	0.56%	0.71%	0.56%
GEHC	D	0.08%	0.14%	0.08%
GEN	B	0.1%	0.06%	0.06%
GGG	C	0.03%	0.05%	0.03%
GILD	B	0.87%	0.42%	0.42%
GIS	F	0.19%	0.14%	0.14%
GWW	A	0.21%	0.18%	0.18%
HBAN	B	0.03%	0.08%	0.03%
HCA	D	0.27%	0.27%	0.27%
HD	B	0.62%	1.47%	0.62%
HIG	C	0.06%	0.12%	0.06%
HLT	A	0.09%	0.22%	0.09%
HOLX	D	0.04%	0.07%	0.04%
HPE	B	0.11%	0.1%	0.1%
HPQ	B	0.29%	0.14%	0.14%
HRL	F	0.02%	0.03%	0.02%
HSIC	F	0.03%	0.03%	0.03%
IBM	D	1.07%	0.71%	0.71%
ICE	D	0.29%	0.33%	0.29%
IDXX	F	0.05%	0.13%	0.05%
IEX	B	0.09%	0.06%	0.06%
IFF	F	0.03%	0.1%	0.03%
INTC	C	0.19%	0.36%	0.19%
IP	B	0.09%	0.07%	0.07%
IPG	F	0.04%	0.04%	0.04%
IR	B	0.08%	0.15%	0.08%
IRM	C	0.13%	0.14%	0.13%
IT	B	0.14%	0.15%	0.14%
ITW	B	0.1%	0.3%	0.1%
JBHT	B	0.02%	0.06%	0.02%
JCI	A	0.06%	0.19%	0.06%
JNJ	D	1.27%	1.43%	1.27%
JNPR	C	0.14%	0.05%	0.05%
K	A	0.15%	0.08%	0.08%
KDP	F	0.07%	0.13%	0.07%
KEY	B	0.02%	0.06%	0.02%
KMB	D	0.17%	0.17%	0.17%
KNX	B	0.01%	0.03%	0.01%
KO	D	1.07%	1.0%	1.0%
KR	A	0.37%	0.14%	0.14%
LII	A	0.21%	0.07%	0.07%
LLY	D	2.52%	2.45%	2.45%
LOW	B	0.36%	0.57%	0.36%
LPLA	A	0.06%	0.08%	0.06%
LRCX	D	0.18%	0.36%	0.18%
LW	C	0.03%	0.04%	0.03%
LYB	F	0.16%	0.08%	0.08%
MA	A	0.28%	1.58%	0.28%
MANH	C	0.03%	0.06%	0.03%
MCD	D	0.54%	0.79%	0.54%
MCO	C	0.14%	0.29%	0.14%
MKC	D	0.06%	0.08%	0.06%
MKTX	C	0.02%	0.04%	0.02%
MLM	B	0.07%	0.13%	0.07%
MMC	C	0.2%	0.41%	0.2%
MMM	C	0.58%	0.26%	0.26%
MPC	F	0.32%	0.2%	0.2%
MRK	F	0.89%	0.97%	0.89%
MS	B	0.2%	0.54%	0.2%
MTD	F	0.09%	0.11%	0.09%
NBIX	C	0.04%	0.04%	0.04%
NDAQ	B	0.05%	0.12%	0.05%
NEM	D	0.18%	0.2%	0.18%
NI	A	0.02%	0.06%	0.02%
NKE	F	0.06%	0.35%	0.06%
NOW	B	0.34%	0.73%	0.34%
NRG	B	0.07%	0.07%	0.07%
NTAP	C	0.1%	0.09%	0.09%
NTRS	B	0.03%	0.07%	0.03%
NUE	C	0.08%	0.13%	0.08%
NVDA	B	1.82%	12.59%	1.82%
NVR	D	0.1%	0.12%	0.1%
OC	B	0.02%	0.06%	0.02%
ODFL	B	0.02%	0.15%	0.02%
OKE	A	0.09%	0.21%	0.09%
OMC	B	0.06%	0.07%	0.06%
ORLY	B	0.2%	0.26%	0.2%
PANW	A	0.23%	0.44%	0.23%
PAYX	A	0.04%	0.17%	0.04%
PEP	F	0.76%	0.86%	0.76%
PFG	C	0.01%	0.07%	0.01%
PG	D	1.03%	1.47%	1.03%
PGR	B	0.57%	0.53%	0.53%
PHM	D	0.1%	0.11%	0.1%
PNC	A	0.11%	0.28%	0.11%
PNR	B	0.02%	0.06%	0.02%
POOL	B	0.07%	0.05%	0.05%
PPG	F	0.05%	0.11%	0.05%
PRU	C	0.23%	0.16%	0.16%
PSX	F	0.22%	0.2%	0.2%
PTC	B	0.04%	0.09%	0.04%
PWR	A	0.12%	0.17%	0.12%
PYPL	A	0.12%	0.29%	0.12%
RCL	B	0.09%	0.18%	0.09%
RF	B	0.02%	0.08%	0.02%
SBAC	D	0.03%	0.09%	0.03%
SCHW	B	0.05%	0.4%	0.05%
SJM	D	0.04%	0.05%	0.04%
SLB	D	0.01%	0.22%	0.01%
SPGI	D	0.29%	0.58%	0.29%
SRE	A	0.07%	0.19%	0.07%
STE	F	0.08%	0.08%	0.08%
STLD	B	0.04%	0.08%	0.04%
SYF	B	0.27%	0.08%	0.08%
TFC	B	0.08%	0.21%	0.08%
TFX	F	0.03%	0.03%	0.03%
TGT	F	0.75%	0.26%	0.26%
TJX	C	0.36%	0.48%	0.36%
TRGP	A	0.1%	0.13%	0.1%
TROW	B	0.09%	0.09%	0.09%
TRV	B	0.2%	0.21%	0.2%
TSCO	C	0.11%	0.11%	0.11%
TTC	D	0.06%	0.03%	0.03%
TTWO	B	0.07%	0.1%	0.07%
TXN	A	0.3%	0.7%	0.3%
ULTA	C	0.04%	0.07%	0.04%
UNP	D	0.51%	0.53%	0.51%
UPS	D	0.25%	0.36%	0.25%
URI	B	0.09%	0.2%	0.09%
USB	B	0.1%	0.28%	0.1%
V	B	0.3%	1.73%	0.3%
VLO	D	0.16%	0.16%	0.16%
VLTO	D	0.04%	0.09%	0.04%
VZ	D	1.03%	0.65%	0.65%
WAT	B	0.06%	0.09%	0.06%
WBA	F	0.13%	0.02%	0.02%
WDC	C	0.08%	0.08%	0.08%
WELL	B	0.12%	0.3%	0.12%
WMB	B	0.1%	0.24%	0.1%
WSM	F	0.19%	0.07%	0.07%
WST	C	0.05%	0.09%	0.05%
WTW	B	0.11%	0.12%	0.11%
XYL	F	0.11%	0.11%	0.11%
YUM	C	0.14%	0.14%	0.14%
ZTS	F	0.05%	0.3%	0.05%

MFUS Overweight 596 Positions Relative to USSG

Symbol	Grade	Weight
META	B	2.36%
BRK.A	C	2.36%
WMT	A	1.72%
ABBV	B	1.65%
AMZN	B	1.64%
AVGO	B	1.63%
ORCL	A	1.42%
COST	B	1.33%
AAPL	B	0.96%
JPM	B	0.93%
PM	C	0.92%
WFC	B	0.87%
QCOM	C	0.8%
LMT	D	0.78%
UNH	B	0.77%
T	B	0.74%
MO	B	0.73%
CVS	F	0.66%
C	B	0.65%
CSCO	A	0.65%
PFE	F	0.62%
MCK	B	0.56%
NFLX	A	0.48%
XOM	B	0.44%
BAC	B	0.42%
TMUS	A	0.42%
REGN	F	0.4%
CVX	B	0.39%
GM	B	0.37%
NOC	C	0.37%
AIG	C	0.36%
GS	B	0.36%
MET	C	0.32%
TMO	F	0.3%
WM	B	0.28%
ISRG	A	0.28%
THC	B	0.28%
LHX	A	0.27%
AON	B	0.25%
ANF	C	0.25%
GD	B	0.25%
CAH	B	0.25%
NEE	D	0.24%
KLAC	F	0.24%
SFM	A	0.24%
ADM	F	0.24%
MDLZ	F	0.24%
VRTX	A	0.23%
SHW	B	0.22%
UBER	F	0.22%
RTX	C	0.22%
GLW	B	0.21%
CMG	C	0.2%
BSX	A	0.2%
VST	B	0.2%
MSI	A	0.19%
UTHR	B	0.19%
BAH	B	0.18%
MU	C	0.17%
TSN	D	0.17%
RMD	B	0.17%
KHC	F	0.16%
CASY	B	0.16%
CB	D	0.16%
SPG	A	0.16%
PLTR	A	0.16%
WSO	B	0.16%
VRSK	A	0.16%
ANET	C	0.15%
HWM	B	0.15%
MUSA	C	0.15%
F	D	0.15%
AJG	C	0.15%
TDG	C	0.15%
PH	B	0.14%
DUK	D	0.14%
CME	B	0.14%
KKR	B	0.14%
FAST	B	0.13%
SYY	C	0.13%
RPM	B	0.13%
LDOS	A	0.13%
RSG	B	0.13%
SO	D	0.13%
VTRS	B	0.13%
EVR	B	0.12%
BRO	B	0.12%
BX	A	0.12%
APH	B	0.12%
BDX	F	0.12%
CW	A	0.11%
CACI	B	0.11%
BWXT	B	0.11%
CEG	D	0.11%
GDDY	A	0.11%
JKHY	C	0.11%
EXR	D	0.11%
EFX	D	0.11%
SBUX	B	0.1%
AYI	A	0.1%
DG	F	0.1%
PSA	D	0.1%
CRS	B	0.1%
KMI	A	0.1%
PKG	B	0.1%
JXN	B	0.1%
DD	D	0.1%
ALSN	A	0.1%
AOS	F	0.09%
ARES	B	0.09%
GPI	B	0.09%
LSTR	C	0.09%
CALM	B	0.09%
EHC	B	0.09%
TMHC	A	0.09%
OTIS	B	0.08%
ABG	B	0.08%
HCC	A	0.08%
EMR	B	0.08%
HRB	D	0.08%
HLI	B	0.08%
TAP	C	0.08%
AEO	F	0.08%
WCC	B	0.08%
MPWR	F	0.08%
ITT	A	0.08%
SMCI	F	0.08%
CPRT	B	0.08%
ATR	B	0.08%
SEIC	B	0.08%
GPK	C	0.08%
MLI	B	0.08%
TYL	B	0.08%
SLG	B	0.08%
AEP	D	0.08%
CNX	B	0.07%
EXP	B	0.07%
MSCI	B	0.07%
COIN	B	0.07%
R	A	0.07%
NSC	B	0.07%
SCI	A	0.07%
BCC	B	0.07%
COP	C	0.07%
LEN	D	0.07%
ALNY	B	0.07%
GLPI	D	0.07%
THO	C	0.07%
LPX	B	0.07%
D	C	0.07%
MNST	B	0.07%
VNO	A	0.07%
BTU	B	0.06%
HSY	F	0.06%
ATGE	B	0.06%
CMC	B	0.06%
NXST	C	0.06%
FCN	F	0.06%
KTB	A	0.06%
STZ	F	0.06%
LECO	C	0.06%
CHE	F	0.06%
GAP	C	0.06%
TPH	D	0.06%
TW	B	0.06%
BC	C	0.06%
CPT	C	0.06%
PEG	D	0.06%
L	A	0.06%
WEN	C	0.06%
SEE	C	0.06%
MMS	C	0.06%
TXRH	B	0.06%
O	D	0.06%
JLL	C	0.06%
RGA	B	0.06%
PK	C	0.06%
AMG	C	0.06%
AN	D	0.06%
FFIV	B	0.06%
MSM	C	0.06%
CCK	C	0.06%
FTNT	A	0.06%
MTH	D	0.06%
ROP	B	0.06%
MAS	D	0.06%
UHS	D	0.06%
TOL	B	0.06%
INGR	B	0.06%
BERY	C	0.06%
APP	B	0.06%
WU	F	0.06%
ROL	C	0.06%
UFPI	C	0.06%
SKYW	B	0.06%
URBN	D	0.05%
ERIE	D	0.05%
CRBG	C	0.05%
NFG	C	0.05%
OGN	F	0.05%
ETR	B	0.05%
FANG	D	0.05%
MTN	D	0.05%
SMG	D	0.05%
BAX	F	0.05%
USFD	B	0.05%
CNC	F	0.05%
COOP	A	0.05%
GVA	A	0.05%
HBI	B	0.05%
G	B	0.05%
EXEL	B	0.05%
GNTX	D	0.05%
SLGN	B	0.05%
TEX	C	0.05%
VIRT	A	0.05%
CRI	F	0.05%
POST	D	0.05%
SUI	F	0.05%
BFH	B	0.05%
WAB	A	0.05%
CBT	B	0.05%
IBKR	B	0.05%
LUMN	B	0.05%
LAMR	C	0.05%
NSIT	F	0.05%
SLM	B	0.05%
FCNCA	B	0.05%
SQ	C	0.05%
FIX	A	0.05%
GNRC	A	0.05%
MTB	B	0.04%
ESS	C	0.04%
DOX	A	0.04%
AMH	D	0.04%
EQR	D	0.04%
TRN	B	0.04%
BJ	B	0.04%
CDP	C	0.04%
PPL	B	0.04%
WH	A	0.04%
INVH	D	0.04%
ACM	B	0.04%
SEM	B	0.04%
SON	F	0.04%
CLH	B	0.04%
AVT	B	0.04%
BDC	B	0.04%
LANC	B	0.04%
ELS	C	0.04%
AGNC	D	0.04%
CVLT	A	0.04%
JWN	C	0.04%
SANM	B	0.04%
RUSHA	B	0.04%
PSTG	C	0.04%
HUBG	B	0.04%
PRIM	A	0.04%
WTM	B	0.04%
GBX	B	0.04%
BLDR	D	0.04%
SLVM	A	0.04%
HEI	C	0.04%
EMN	D	0.04%
BHF	B	0.04%
NWSA	B	0.04%
AROC	B	0.04%
FLO	F	0.04%
GEO	B	0.04%
OLN	F	0.04%
CE	F	0.04%
VRSN	D	0.04%
UNM	B	0.04%
FL	F	0.04%
CMA	B	0.04%
ATI	D	0.04%
FITB	B	0.04%
LOPE	A	0.04%
FTI	B	0.04%
CPNG	C	0.04%
CTVA	C	0.04%
GATX	B	0.04%
TKR	F	0.04%
JHG	A	0.04%
SIG	C	0.04%
CRUS	F	0.04%
VTR	B	0.04%
ARW	F	0.04%
MAC	B	0.04%
CUBE	D	0.04%
AR	C	0.04%
MAR	A	0.04%
RS	B	0.04%
ZBRA	B	0.04%
KD	B	0.04%
TDS	B	0.04%
RGLD	B	0.04%
CNO	B	0.04%
THG	A	0.04%
SRCL	A	0.04%
TGNA	B	0.04%
MHO	C	0.04%
MOG.A	B	0.04%
NDSN	C	0.04%
ABM	B	0.04%
FLEX	A	0.04%
DCI	A	0.04%
UNF	B	0.03%
XRAY	F	0.03%
DRH	B	0.03%
HXL	D	0.03%
ORA	B	0.03%
BKE	B	0.03%
RYN	D	0.03%
APAM	B	0.03%
OI	D	0.03%
DLTR	F	0.03%
OMF	A	0.03%
FNF	C	0.03%
WPC	D	0.03%
WHR	B	0.03%
LNC	B	0.03%
VC	F	0.03%
FHI	B	0.03%
MRO	B	0.03%
BKU	B	0.03%
UDR	C	0.03%
MAN	F	0.03%
AMKR	F	0.03%
PRG	C	0.03%
CG	B	0.03%
PLXS	B	0.03%
DELL	C	0.03%
TER	F	0.03%
DDS	C	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%
GMS	B	0.03%
GNW	C	0.03%
AVB	A	0.03%
CPAY	B	0.03%
RL	B	0.03%
TPX	C	0.03%
AVA	D	0.03%
JBL	C	0.03%
X	C	0.03%
RPRX	F	0.03%
SM	C	0.03%
CDW	F	0.03%
MASI	B	0.03%
DBRG	F	0.03%
SHOO	D	0.03%
MATX	B	0.03%
XPO	B	0.03%
BLD	F	0.03%
HUBB	B	0.03%
FE	D	0.03%
ASO	F	0.03%
OSK	B	0.03%
IVZ	B	0.03%
HOOD	A	0.03%
NYT	B	0.03%
KBH	C	0.03%
MORN	A	0.03%
COLD	F	0.03%
AWI	A	0.03%
PHIN	B	0.02%
REZI	A	0.02%
HE	D	0.02%
TTMI	A	0.02%
DNOW	C	0.02%
ZION	B	0.02%
SSNC	C	0.02%
LAUR	B	0.02%
EVRG	B	0.02%
WAL	B	0.02%
LXP	D	0.02%
SNV	B	0.02%
BHE	B	0.02%
UHAL	B	0.02%
SATS	C	0.02%
KIM	A	0.02%
AA	B	0.02%
AXTA	A	0.02%
JBLU	C	0.02%
CSL	C	0.02%
LEG	F	0.02%
TTEK	C	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%
WKC	D	0.02%
SNDR	A	0.02%
NSP	F	0.02%
BRKR	F	0.02%
NAVI	F	0.02%
MDU	F	0.02%
HST	C	0.02%
ODP	F	0.02%
DTE	D	0.02%
RHI	C	0.02%
DOW	F	0.02%
PMT	D	0.02%
MAA	C	0.02%
VFC	B	0.02%
LNT	D	0.02%
VVV	B	0.02%
M	C	0.02%
RLJ	D	0.02%
EPC	D	0.02%
LNW	C	0.02%
APOG	A	0.02%
PFSI	D	0.02%
SAM	C	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	B	0.02%
CINF	B	0.02%
MCY	A	0.02%
XHR	B	0.02%
DLB	C	0.02%
SKX	F	0.02%
EWBC	B	0.02%
OHI	B	0.02%
DORM	B	0.02%
AGCO	D	0.02%
CCL	B	0.02%
HAE	B	0.02%
PAG	C	0.02%
SBH	C	0.02%
CC	C	0.02%
GHC	A	0.02%
FAF	D	0.02%
HOG	F	0.02%
CXW	B	0.02%
KBR	A	0.02%
GEF	B	0.02%
WMS	D	0.02%
RRC	C	0.02%
HII	F	0.02%
KSS	F	0.02%
KMPR	A	0.02%
DK	F	0.02%
PVH	C	0.02%
THS	F	0.02%
MSA	D	0.02%
STC	C	0.02%
MTG	D	0.02%
VSTO	B	0.02%
GMED	B	0.02%
COKE	D	0.02%
ADNT	F	0.02%
PDCO	D	0.02%
WRB	B	0.02%
LZB	C	0.02%
PINC	B	0.02%
NEU	D	0.02%
PSN	B	0.02%
PNM	B	0.02%
ACA	B	0.02%
WERN	B	0.02%
JEF	B	0.02%
AAP	F	0.01%
SVC	F	0.01%
QRVO	F	0.01%
NOV	D	0.01%
CPRI	F	0.01%
SCL	C	0.01%
UHAL	B	0.01%
RKT	D	0.01%
ELAN	D	0.01%
MLKN	F	0.01%
MKSI	D	0.01%
PARA	C	0.01%
CACC	F	0.01%
IMKTA	D	0.01%
CNXN	C	0.01%
WOR	D	0.01%
ECPG	B	0.01%
ARI	D	0.01%
IGT	D	0.01%
RDN	D	0.01%
HTH	C	0.01%
GIII	C	0.01%
UVV	C	0.01%
SR	D	0.01%
WGO	C	0.01%
SSB	B	0.01%
ARCH	B	0.01%
CVI	F	0.01%
ALEX	B	0.01%
PNW	B	0.01%
UGI	D	0.01%
SEB	F	0.01%
OUT	C	0.01%
RVTY	B	0.01%
PB	B	0.01%
XRX	F	0.01%
SWX	B	0.01%
ARMK	B	0.01%
KALU	C	0.01%
CNS	B	0.01%
CENTA	D	0.01%
ESI	B	0.01%
SHO	B	0.01%
SPR	F	0.01%
WAFD	C	0.01%
JELD	F	0.01%
JBGS	D	0.01%
SIGI	B	0.01%
PECO	B	0.01%
AMED	C	0.01%
WMK	B	0.01%
CLF	D	0.01%
TPR	A	0.01%
CFR	B	0.01%
OMI	F	0.01%
BRC	B	0.01%
DY	C	0.01%
FDP	B	0.01%
STRA	D	0.01%
DAN	F	0.01%
FELE	C	0.01%
SPB	C	0.01%
LEA	F	0.01%
CNM	D	0.01%
MOS	C	0.01%
KN	B	0.01%
ONB	B	0.01%
PPC	B	0.01%
CBSH	A	0.01%
IDCC	A	0.01%
TNET	F	0.01%
FHN	B	0.01%
MHK	D	0.01%
DXC	C	0.01%
CROX	F	0.01%
CSGS	B	0.01%
WTFC	B	0.01%
CADE	B	0.01%
NNN	D	0.01%
ESNT	F	0.01%
LADR	C	0.01%
INCY	A	0.01%
CR	A	0.01%
SAIC	B	0.01%
FLR	C	0.01%
AES	F	0.01%
WWD	B	0.01%
H	C	0.01%
ESAB	B	0.01%
MUR	F	0.01%
RBC	A	0.01%
DTM	A	0.01%
GOLF	B	0.01%
GES	F	0.01%
IOSP	B	0.01%
GME	C	0.01%
PTEN	D	0.01%
UAL	A	0.01%
SCS	C	0.01%
NNI	C	0.01%
SAH	B	0.01%
PSMT	C	0.01%
KEX	C	0.01%
AMWD	B	0.01%
ICUI	C	0.01%
ADC	B	0.01%
CWEN	D	0.01%
BWA	D	0.01%
BMRN	F	0.01%
VNT	B	0.01%
WBS	B	0.01%
FYBR	C	0.01%
DEI	B	0.01%
SF	B	0.01%
GT	C	0.01%
FR	D	0.01%
SCCO	D	0.0%
NOMD	D	0.0%
WOLF	F	0.0%
HUN	F	0.0%

MFUS Underweight 69 Positions Relative to USSG

Symbol	Grade	Weight
MSFT	C	-10.85%
GOOGL	B	-3.74%
GOOG	B	-3.25%
TSLA	B	-2.62%
CRM	A	-1.09%
AMD	F	-0.86%
LIN	D	-0.83%
DIS	C	-0.66%
INTU	A	-0.65%
ETN	A	-0.5%
DE	C	-0.4%
PLD	F	-0.39%
MELI	D	-0.35%
EQIX	B	-0.32%
TT	A	-0.32%
CDNS	B	-0.3%
SNPS	B	-0.3%
MRVL	B	-0.27%
APD	B	-0.26%
NXPI	D	-0.23%
WDAY	C	-0.19%
LNG	A	-0.16%
EW	F	-0.15%
LULU	D	-0.14%
IQV	F	-0.14%
TEAM	B	-0.13%
ACGL	D	-0.13%
ROK	B	-0.12%
AXON	B	-0.12%
RJF	B	-0.11%
HUM	F	-0.11%
AWK	D	-0.1%
KEYS	A	-0.1%
SW	B	-0.1%
STT	B	-0.1%
DXCM	D	-0.1%
HUBS	B	-0.1%
FTV	F	-0.09%
HAL	D	-0.09%
STX	D	-0.08%
FSLR	F	-0.08%
CBOE	D	-0.08%
ZBH	C	-0.08%
WY	D	-0.08%
LH	A	-0.07%
TRU	C	-0.07%
MOH	F	-0.07%
DOC	B	-0.06%
DOCU	A	-0.06%
TRMB	A	-0.06%
APTV	F	-0.06%
TWLO	A	-0.06%
GPC	F	-0.06%
PODD	B	-0.06%
ZS	C	-0.06%
ALLE	C	-0.05%
CNH	D	-0.04%
FBIN	D	-0.04%
SOLV	C	-0.04%
LKQ	F	-0.04%
WTRG	B	-0.04%
KMX	F	-0.04%
DAY	A	-0.04%
ENPH	F	-0.04%
BG	F	-0.04%
TECH	B	-0.04%
RIVN	F	-0.03%
DAL	B	-0.03%
FOX	B	-0.02%