MFUS vs. XRMI ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to Global X S&P 500 (XRMI)

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

$50.17

Average Daily Volume

7,445

Number of Holdings ^*

780

* may have additional holdings in another (foreign) market

XRMI

Global X S&P 500

XRMI Description

Global X Funds - Global X S&P 500 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Cboe S&P 500 Risk Managed Income Index, by using full replication technique. Global X Funds - Global X S&P 500 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$19.14

Average Daily Volume

12,490

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	XRMI
30 Days	2.28%	1.04%
60 Days	3.87%	1.74%
90 Days	5.63%	1.96%
12 Months	30.76%	7.67%

347 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in XRMI	Overlap
A	C	0.05%	0.09%	0.05%
AAPL	C	0.67%	6.96%	0.67%
ABBV	C	1.34%	0.74%	0.74%
ACN	C	0.19%	0.48%	0.19%
ADBE	F	0.04%	0.57%	0.04%
ADM	D	0.32%	0.06%	0.06%
ADP	B	0.09%	0.25%	0.09%
ADSK	C	0.09%	0.12%	0.09%
AES	C	0.03%	0.03%	0.03%
AFL	C	0.19%	0.12%	0.12%
AIG	D	0.42%	0.1%	0.1%
AIZ	B	0.07%	0.02%	0.02%
AJG	D	0.09%	0.14%	0.09%
AKAM	D	0.03%	0.03%	0.03%
ALGN	D	0.02%	0.03%	0.02%
ALL	B	0.36%	0.11%	0.11%
AMAT	D	0.44%	0.33%	0.33%
AMGN	B	1.03%	0.38%	0.38%
AMP	B	0.08%	0.09%	0.08%
AMZN	C	1.27%	3.67%	1.27%
ANET	A	0.12%	0.19%	0.12%
ANSS	D	0.05%	0.06%	0.05%
AON	B	0.19%	0.17%	0.17%
AOS	D	0.11%	0.02%	0.02%
APH	C	0.1%	0.16%	0.1%
AVGO	C	1.34%	1.5%	1.34%
AVY	D	0.1%	0.04%	0.04%
AXP	B	0.19%	0.31%	0.19%
AZO	D	0.3%	0.12%	0.12%
BAC	D	0.39%	0.57%	0.39%
BALL	C	0.07%	0.04%	0.04%
BAX	C	0.04%	0.04%	0.04%
BBWI	F	0.02%	0.01%	0.01%
BBY	C	0.24%	0.04%	0.04%
BDX	F	0.09%	0.14%	0.09%
BEN	F	0.04%	0.01%	0.01%
BIIB	F	0.08%	0.07%	0.07%
BK	A	0.27%	0.11%	0.11%
BKNG	B	0.47%	0.29%	0.29%
BKR	C	0.16%	0.07%	0.07%
BLDR	C	0.04%	0.04%	0.04%
BMY	C	0.28%	0.21%	0.21%
BR	D	0.16%	0.05%	0.05%
BRK.A	C	2.01%	1.78%	1.78%
BRO	C	0.13%	0.05%	0.05%
BSX	B	0.19%	0.26%	0.19%
BWA	D	0.05%	0.02%	0.02%
BX	B	0.23%	0.22%	0.22%
BXP	B	0.02%	0.02%	0.02%
C	D	1.22%	0.24%	0.24%
CAG	C	0.05%	0.03%	0.03%
CAH	C	0.35%	0.06%	0.06%
CARR	B	0.12%	0.13%	0.12%
CAT	B	0.41%	0.35%	0.35%
CB	B	0.16%	0.25%	0.16%
CCL	C	0.05%	0.03%	0.03%
CDW	D	0.05%	0.07%	0.05%
CE	F	0.07%	0.03%	0.03%
CEG	A	0.09%	0.12%	0.09%
CFG	C	0.06%	0.04%	0.04%
CHD	C	0.07%	0.06%	0.06%
CHRW	A	0.09%	0.02%	0.02%
CHTR	D	0.24%	0.07%	0.07%
CI	C	0.14%	0.22%	0.14%
CINF	C	0.02%	0.05%	0.02%
CL	C	0.33%	0.19%	0.19%
CLX	C	0.15%	0.04%	0.04%
CMCSA	D	0.24%	0.33%	0.24%
CME	C	0.2%	0.17%	0.17%
CMG	C	0.22%	0.16%	0.16%
CMI	C	0.11%	0.09%	0.09%
COF	A	0.42%	0.12%	0.12%
COP	D	0.3%	0.26%	0.26%
COST	B	1.21%	0.86%	0.86%
CPAY	C	0.05%	0.04%	0.04%
CPB	B	0.01%	0.02%	0.01%
CPRT	D	0.19%	0.09%	0.09%
CPT	B	0.06%	0.03%	0.03%
CRM	D	0.35%	0.53%	0.35%
CSCO	B	0.42%	0.43%	0.42%
CSX	D	0.08%	0.14%	0.08%
CTAS	C	0.18%	0.16%	0.16%
CTLT	B	0.02%	0.02%	0.02%
CTRA	D	0.02%	0.03%	0.02%
CTVA	B	0.03%	0.08%	0.03%
CVS	F	0.8%	0.15%	0.15%
CVX	D	0.79%	0.51%	0.51%
DD	B	0.21%	0.07%	0.07%
DECK	D	0.17%	0.05%	0.05%
DFS	B	0.08%	0.07%	0.07%
DG	F	0.05%	0.04%	0.04%
DGX	C	0.06%	0.04%	0.04%
DHR	C	0.27%	0.39%	0.27%
DLR	B	0.08%	0.11%	0.08%
DLTR	F	0.02%	0.03%	0.02%
DOV	B	0.02%	0.06%	0.02%
DOW	D	0.04%	0.08%	0.04%
DPZ	D	0.18%	0.03%	0.03%
DRI	B	0.03%	0.04%	0.03%
DUK	B	0.13%	0.19%	0.13%
DVA	B	0.18%	0.02%	0.02%
EA	D	0.09%	0.08%	0.08%
EBAY	B	0.34%	0.07%	0.07%
ECL	A	0.08%	0.13%	0.08%
EFX	C	0.09%	0.08%	0.08%
ELV	C	0.08%	0.27%	0.08%
EMN	B	0.06%	0.02%	0.02%
EMR	D	0.15%	0.13%	0.13%
EOG	D	0.11%	0.14%	0.11%
EQIX	B	0.03%	0.18%	0.03%
ETN	C	0.18%	0.26%	0.18%
EVRG	B	0.01%	0.03%	0.01%
EXC	B	0.12%	0.08%	0.08%
EXPD	C	0.07%	0.04%	0.04%
EXR	B	0.07%	0.08%	0.07%
F	F	0.33%	0.09%	0.09%
FANG	D	0.04%	0.07%	0.04%
FAST	C	0.1%	0.08%	0.08%
FCX	D	0.09%	0.13%	0.09%
FDS	C	0.05%	0.03%	0.03%
FFIV	B	0.04%	0.02%	0.02%
FICO	B	0.22%	0.1%	0.1%
FIS	B	0.08%	0.1%	0.08%
FITB	B	0.05%	0.06%	0.05%
FOXA	B	0.08%	0.02%	0.02%
FTNT	B	0.06%	0.1%	0.06%
GD	B	0.17%	0.15%	0.15%
GDDY	C	0.09%	0.04%	0.04%
GE	A	1.09%	0.39%	0.39%
GEHC	C	0.02%	0.08%	0.02%
GILD	B	0.78%	0.22%	0.22%
GIS	B	0.11%	0.09%	0.09%
GLW	B	0.2%	0.07%	0.07%
GM	B	0.56%	0.11%	0.11%
GNRC	D	0.04%	0.02%	0.02%
GOOGL	D	1.17%	1.93%	1.17%
GPC	D	0.02%	0.04%	0.02%
GS	C	0.45%	0.33%	0.33%
GWW	A	0.17%	0.1%	0.1%
HAL	F	0.04%	0.05%	0.04%
HBAN	B	0.03%	0.04%	0.03%
HCA	A	0.13%	0.16%	0.13%
HD	A	0.39%	0.8%	0.39%
HIG	B	0.06%	0.07%	0.06%
HII	D	0.02%	0.02%	0.02%
HLT	B	0.08%	0.11%	0.08%
HOLX	C	0.03%	0.04%	0.03%
HPE	D	0.2%	0.05%	0.05%
HPQ	D	0.27%	0.06%	0.06%
HRL	D	0.01%	0.02%	0.01%
HSIC	D	0.03%	0.02%	0.02%
HST	C	0.02%	0.03%	0.02%
HSY	D	0.06%	0.06%	0.06%
HUBB	A	0.08%	0.04%	0.04%
HWM	B	0.12%	0.08%	0.08%
IBM	A	1.32%	0.42%	0.42%
ICE	C	0.29%	0.2%	0.2%
IDXX	D	0.06%	0.09%	0.06%
IEX	D	0.08%	0.03%	0.03%
IFF	C	0.03%	0.06%	0.03%
INCY	C	0.01%	0.02%	0.01%
INTC	F	0.36%	0.18%	0.18%
INTU	C	0.26%	0.39%	0.26%
INVH	C	0.06%	0.05%	0.05%
IP	C	0.12%	0.03%	0.03%
IPG	C	0.07%	0.02%	0.02%
IR	C	0.09%	0.08%	0.08%
IRM	B	0.11%	0.07%	0.07%
IT	A	0.16%	0.09%	0.09%
ITW	C	0.08%	0.14%	0.08%
IVZ	B	0.05%	0.01%	0.01%
JBHT	D	0.02%	0.03%	0.02%
JBL	D	0.07%	0.02%	0.02%
JKHY	C	0.1%	0.02%	0.02%
JNJ	C	1.03%	0.87%	0.87%
JNPR	A	0.13%	0.03%	0.03%
JPM	D	0.9%	1.29%	0.9%
K	A	0.1%	0.04%	0.04%
KDP	B	0.06%	0.08%	0.06%
KEY	B	0.02%	0.03%	0.02%
KHC	C	0.16%	0.06%	0.06%
KKR	A	0.13%	0.17%	0.13%
KLAC	D	0.23%	0.22%	0.22%
KMB	D	0.16%	0.11%	0.11%
KMI	A	0.08%	0.08%	0.08%
KO	B	0.6%	0.59%	0.59%
KR	C	0.34%	0.08%	0.08%
L	D	0.08%	0.03%	0.03%
LDOS	B	0.08%	0.04%	0.04%
LEN	C	0.08%	0.09%	0.08%
LHX	C	0.19%	0.09%	0.09%
LLY	C	2.48%	1.6%	1.6%
LMT	B	0.52%	0.26%	0.26%
LOW	A	0.23%	0.3%	0.23%
LRCX	F	0.27%	0.22%	0.22%
LVS	D	0.01%	0.03%	0.01%
LW	D	0.04%	0.02%	0.02%
LYB	F	0.21%	0.05%	0.05%
MA	B	0.79%	0.87%	0.79%
MAR	C	0.11%	0.12%	0.11%
MAS	B	0.06%	0.04%	0.04%
MCD	B	0.4%	0.45%	0.4%
MCK	F	0.51%	0.15%	0.15%
MCO	A	0.03%	0.16%	0.03%
MDLZ	C	0.22%	0.21%	0.21%
MET	A	0.36%	0.09%	0.09%
META	A	2.02%	2.44%	2.02%
MHK	C	0.01%	0.02%	0.01%
MKC	C	0.08%	0.04%	0.04%
MKTX	C	0.02%	0.02%	0.02%
MLM	D	0.06%	0.07%	0.06%
MMC	C	0.19%	0.24%	0.19%
MMM	A	0.41%	0.15%	0.15%
MNST	D	0.06%	0.07%	0.06%
MO	C	0.52%	0.2%	0.2%
MOH	D	0.03%	0.04%	0.03%
MOS	F	0.04%	0.02%	0.02%
MPC	D	0.64%	0.12%	0.12%
MPWR	C	0.08%	0.1%	0.08%
MRK	D	0.87%	0.63%	0.63%
MRO	C	0.1%	0.03%	0.03%
MSCI	C	0.07%	0.1%	0.07%
MSI	B	0.15%	0.16%	0.15%
MTB	A	0.03%	0.06%	0.03%
MTD	D	0.08%	0.06%	0.06%
MU	F	0.15%	0.22%	0.15%
NDAQ	A	0.02%	0.07%	0.02%
NDSN	C	0.04%	0.04%	0.04%
NEM	B	0.09%	0.13%	0.09%
NFLX	B	0.44%	0.64%	0.44%
NKE	D	0.04%	0.2%	0.04%
NOC	A	0.23%	0.16%	0.16%
NOW	A	0.37%	0.39%	0.37%
NRG	A	0.07%	0.03%	0.03%
NTAP	D	0.08%	0.05%	0.05%
NTRS	B	0.02%	0.04%	0.02%
NUE	F	0.08%	0.07%	0.07%
NVDA	D	1.6%	6.24%	1.6%
NVR	B	0.07%	0.07%	0.07%
NWSA	D	0.06%	0.02%	0.02%
ODFL	D	0.02%	0.07%	0.02%
OKE	B	0.08%	0.11%	0.08%
OMC	B	0.06%	0.04%	0.04%
ORCL	B	1.13%	0.54%	0.54%
ORLY	D	0.18%	0.15%	0.15%
OTIS	C	0.07%	0.08%	0.07%
PANW	C	0.25%	0.24%	0.24%
PARA	F	0.02%	0.01%	0.01%
PAYX	C	0.03%	0.1%	0.03%
PCAR	D	0.08%	0.1%	0.08%
PEG	A	0.05%	0.09%	0.05%
PEP	D	0.62%	0.52%	0.52%
PFE	C	0.53%	0.36%	0.36%
PFG	B	0.01%	0.04%	0.01%
PG	C	0.88%	0.9%	0.88%
PGR	A	0.5%	0.31%	0.31%
PH	A	0.13%	0.17%	0.13%
PHM	B	0.17%	0.06%	0.06%
PKG	B	0.05%	0.04%	0.04%
PM	C	0.56%	0.42%	0.42%
PNC	A	0.1%	0.15%	0.1%
PNR	B	0.08%	0.03%	0.03%
POOL	D	0.07%	0.03%	0.03%
PPG	D	0.04%	0.07%	0.04%
PRU	C	0.25%	0.09%	0.09%
PSA	B	0.03%	0.13%	0.03%
PSX	D	0.54%	0.11%	0.11%
PTC	D	0.05%	0.05%	0.05%
PWR	B	0.13%	0.09%	0.09%
QCOM	F	0.62%	0.41%	0.41%
QRVO	F	0.01%	0.02%	0.01%
RCL	A	0.08%	0.08%	0.08%
REGN	C	0.45%	0.27%	0.27%
RJF	C	0.01%	0.05%	0.01%
RL	B	0.04%	0.01%	0.01%
RMD	C	0.13%	0.08%	0.08%
ROL	C	0.05%	0.03%	0.03%
ROP	C	0.06%	0.13%	0.06%
ROST	C	0.07%	0.11%	0.07%
RSG	D	0.13%	0.09%	0.09%
SBAC	C	0.03%	0.06%	0.03%
SBUX	C	0.06%	0.24%	0.06%
SCHW	D	0.16%	0.2%	0.16%
SHW	B	0.21%	0.19%	0.19%
SJM	C	0.03%	0.03%	0.03%
SLB	F	0.09%	0.12%	0.09%
SMCI	F	0.14%	0.05%	0.05%
SPG	A	0.15%	0.11%	0.11%
SPGI	A	0.06%	0.36%	0.06%
STE	C	0.12%	0.05%	0.05%
STLD	D	0.04%	0.04%	0.04%
STZ	D	0.04%	0.09%	0.04%
SYF	C	0.29%	0.04%	0.04%
SYY	D	0.07%	0.08%	0.07%
T	C	1.23%	0.33%	0.33%
TAP	D	0.08%	0.02%	0.02%
TDG	B	0.15%	0.16%	0.15%
TER	D	0.03%	0.05%	0.03%
TFC	D	0.09%	0.12%	0.09%
TFX	C	0.03%	0.02%	0.02%
TGT	C	0.68%	0.15%	0.15%
TJX	C	0.34%	0.29%	0.29%
TMUS	C	0.31%	0.22%	0.22%
TPR	C	0.01%	0.02%	0.01%
TRGP	B	0.13%	0.07%	0.07%
TROW	D	0.08%	0.05%	0.05%
TRV	B	0.32%	0.12%	0.12%
TSCO	C	0.07%	0.06%	0.06%
TSN	D	0.22%	0.04%	0.04%
TTWO	D	0.07%	0.05%	0.05%
TXN	C	0.21%	0.4%	0.21%
TXT	D	0.03%	0.03%	0.03%
TYL	C	0.08%	0.06%	0.06%
UAL	C	0.01%	0.03%	0.01%
UBER	C	0.21%	0.32%	0.21%
UDR	C	0.03%	0.03%	0.03%
UHS	B	0.09%	0.03%	0.03%
ULTA	D	0.04%	0.04%	0.04%
UNP	C	0.48%	0.32%	0.32%
UPS	F	0.19%	0.2%	0.19%
URI	B	0.09%	0.11%	0.09%
USB	B	0.11%	0.15%	0.11%
V	C	0.86%	0.97%	0.86%
VLO	F	0.54%	0.09%	0.09%
VMC	D	0.06%	0.07%	0.06%
VRSK	D	0.2%	0.09%	0.09%
VRSN	D	0.04%	0.03%	0.03%
VRTX	D	0.21%	0.26%	0.21%
VST	A	0.26%	0.05%	0.05%
VTRS	D	0.13%	0.03%	0.03%
VZ	B	1.01%	0.4%	0.4%
WAB	A	0.04%	0.07%	0.04%
WAT	C	0.05%	0.04%	0.04%
WBA	F	0.14%	0.01%	0.01%
WDC	D	0.15%	0.04%	0.04%
WELL	C	0.12%	0.16%	0.12%
WFC	D	1.4%	0.41%	0.41%
WM	D	0.23%	0.16%	0.16%
WMB	B	0.08%	0.12%	0.08%
WMT	B	1.87%	0.73%	0.73%
WRB	C	0.02%	0.03%	0.02%
WST	D	0.04%	0.05%	0.04%
WTW	C	0.05%	0.07%	0.05%
XOM	D	0.99%	1.07%	0.99%
XYL	D	0.11%	0.07%	0.07%
YUM	F	0.1%	0.08%	0.08%
ZTS	C	0.04%	0.19%	0.04%

MFUS Overweight 433 Positions Relative to XRMI

Symbol	Grade	Weight
THC	B	0.27%
ANF	D	0.26%
LII	B	0.23%
WSM	D	0.21%
WSO	C	0.2%
SFM	B	0.19%
MUSA	D	0.17%
UTHR	C	0.16%
CASY	D	0.15%
BAH	B	0.14%
EVR	A	0.12%
RPM	B	0.11%
GPK	B	0.1%
TOL	B	0.1%
APO	B	0.1%
FTI	D	0.1%
ALLY	D	0.1%
UNM	B	0.1%
CRS	A	0.1%
GPI	B	0.09%
ERIE	B	0.09%
USFD	B	0.09%
AEO	D	0.09%
JXN	B	0.09%
DASH	B	0.09%
HRB	C	0.09%
ARES	A	0.09%
DKS	D	0.09%
CACI	B	0.09%
WCC	D	0.08%
OGN	D	0.08%
LECO	F	0.08%
WU	D	0.08%
HLI	A	0.08%
MTH	C	0.08%
ALSN	B	0.08%
ITT	B	0.08%
EHC	B	0.08%
RS	D	0.08%
LUMN	C	0.08%
BWXT	C	0.08%
TMHC	B	0.08%
AN	D	0.08%
CW	A	0.08%
LSTR	F	0.08%
ABG	D	0.07%
ARW	C	0.07%
CMC	D	0.07%
CALM	A	0.07%
SLG	B	0.07%
CCK	A	0.07%
OSK	D	0.07%
FCN	C	0.07%
EQH	C	0.07%
OC	D	0.07%
SEIC	C	0.07%
GAP	F	0.07%
LPLA	F	0.07%
ATR	B	0.07%
GLPI	C	0.07%
TTC	D	0.07%
AYI	A	0.07%
MMS	C	0.06%
TPX	C	0.06%
PK	D	0.06%
BERY	C	0.06%
KD	D	0.06%
R	B	0.06%
VNO	B	0.06%
MSM	D	0.06%
HCC	F	0.06%
KSS	F	0.06%
CHE	C	0.06%
BCC	C	0.06%
BC	C	0.06%
TEX	F	0.06%
NSIT	C	0.06%
X	D	0.06%
SLM	D	0.06%
INGR	B	0.06%
SCI	C	0.06%
SEE	D	0.06%
GNTX	D	0.06%
PBF	F	0.06%
CRI	D	0.06%
COIN	F	0.06%
MLI	B	0.06%
THO	D	0.06%
CNX	A	0.06%
LPX	B	0.06%
UFPI	C	0.06%
AMG	C	0.05%
ATGE	C	0.05%
CBT	B	0.05%
CRUS	D	0.05%
SKYW	C	0.05%
ATI	D	0.05%
WEN	D	0.05%
TKR	D	0.05%
MUR	F	0.05%
RGA	B	0.05%
LNC	D	0.05%
LAMR	A	0.05%
LOPE	D	0.05%
MTN	D	0.05%
VIRT	C	0.05%
TW	B	0.05%
TXRH	C	0.05%
NYT	C	0.05%
NXST	D	0.05%
FCNCA	D	0.05%
DELL	C	0.05%
IBKR	A	0.05%
SANM	D	0.05%
FL	D	0.05%
WPC	C	0.05%
POST	C	0.05%
FIX	A	0.05%
URBN	D	0.05%
G	C	0.05%
SUI	C	0.05%
FLEX	C	0.05%
JLL	B	0.05%
EXP	B	0.05%
MHO	B	0.05%
KTB	A	0.05%
TPH	C	0.05%
CMA	A	0.04%
APLE	C	0.04%
GEO	F	0.04%
SAIA	D	0.04%
OLN	D	0.04%
HUBG	C	0.04%
WTM	D	0.04%
FHI	B	0.04%
TGNA	C	0.04%
CRBG	D	0.04%
COLD	D	0.04%
GATX	D	0.04%
VC	F	0.04%
CNO	A	0.04%
SON	D	0.04%
AR	D	0.04%
XRAY	D	0.04%
PR	D	0.04%
AMH	C	0.04%
HEI	A	0.04%
RGLD	B	0.04%
GVA	B	0.04%
RRC	D	0.04%
NBIX	F	0.04%
ENTG	D	0.04%
PVH	F	0.04%
GNW	B	0.04%
PINS	F	0.04%
ELS	C	0.04%
MAN	C	0.04%
SEB	C	0.04%
ABM	D	0.04%
AGNC	B	0.04%
FLO	C	0.04%
MOG.A	B	0.04%
DCI	D	0.04%
MTG	B	0.04%
BTU	D	0.04%
HXL	F	0.04%
THG	C	0.04%
GGG	C	0.04%
SRCL	B	0.04%
KBH	B	0.04%
ACM	B	0.04%
WHR	C	0.04%
BDC	A	0.04%
LANC	D	0.04%
SIG	C	0.04%
SMG	C	0.04%
NOV	D	0.04%
AVT	C	0.04%
M	F	0.04%
COOP	C	0.04%
NFG	B	0.04%
PAG	D	0.04%
CLH	A	0.04%
CUBE	B	0.04%
SLGN	B	0.04%
MAC	A	0.04%
NEU	D	0.03%
SSD	C	0.03%
OKTA	F	0.03%
ZION	D	0.03%
COKE	C	0.03%
FNF	B	0.03%
HOOD	C	0.03%
VVV	D	0.03%
FR	C	0.03%
PRG	B	0.03%
NAVI	C	0.03%
MC	B	0.03%
RLI	B	0.03%
DK	F	0.03%
BKU	D	0.03%
BRKR	D	0.03%
BURL	C	0.03%
AWI	B	0.03%
PRIM	B	0.03%
YELP	F	0.03%
GBX	C	0.03%
SM	D	0.03%
MDU	B	0.03%
WH	B	0.03%
HP	D	0.03%
SHOO	B	0.03%
DBRG	D	0.03%
BFAM	B	0.03%
RUSHA	C	0.03%
AMKR	F	0.03%
MORN	B	0.03%
BJ	D	0.03%
WTS	C	0.03%
SBH	B	0.03%
DLB	D	0.03%
RPRX	D	0.03%
HBI	B	0.03%
LEA	F	0.03%
TRN	D	0.03%
AVA	C	0.03%
PDCO	F	0.03%
GT	F	0.03%
MKL	C	0.03%
BLD	D	0.03%
MANH	A	0.03%
EME	A	0.03%
SEM	D	0.03%
SLVM	A	0.03%
TDS	C	0.03%
ACA	B	0.03%
JEF	B	0.03%
FND	C	0.03%
DINO	F	0.03%
DOX	C	0.03%
BHF	D	0.03%
MSA	D	0.03%
XPO	D	0.03%
CVLT	B	0.03%
VSH	F	0.03%
APP	B	0.03%
JHG	B	0.03%
ASO	C	0.03%
OMF	D	0.03%
APG	D	0.03%
UHAL	B	0.03%
PSTG	F	0.03%
GMS	D	0.03%
AROC	D	0.03%
CPNG	A	0.03%
DDS	D	0.03%
JWN	B	0.03%
OI	D	0.03%
AVTR	C	0.03%
LEG	D	0.02%
TTEK	C	0.02%
VFC	C	0.02%
APOG	C	0.02%
NWL	D	0.02%
HNI	C	0.02%
LXP	C	0.02%
SNDR	C	0.02%
ODP	F	0.02%
ANDE	D	0.02%
RHI	D	0.02%
DORM	B	0.02%
CHDN	D	0.02%
EWBC	D	0.02%
OSIS	D	0.02%
SNAP	F	0.02%
GES	F	0.02%
XRX	F	0.02%
BMRN	F	0.02%
CC	F	0.02%
IGT	D	0.02%
SAM	F	0.02%
MCY	D	0.02%
GWRE	A	0.02%
LBRDK	F	0.02%
XHR	B	0.02%
AIT	B	0.02%
AGCO	D	0.02%
NTCT	C	0.02%
AA	D	0.02%
PMT	C	0.02%
DXC	C	0.02%
SXT	C	0.02%
GHC	B	0.02%
EPC	F	0.02%
REZI	D	0.02%
KBR	D	0.02%
NSP	D	0.02%
VSTO	C	0.02%
PSN	B	0.02%
WMS	D	0.02%
FLS	D	0.02%
RLJ	D	0.02%
PFSI	C	0.02%
CG	D	0.02%
GEF	D	0.02%
HAE	D	0.02%
GMED	D	0.02%
SKX	D	0.02%
AIR	C	0.02%
KMPR	D	0.02%
LNW	B	0.02%
ORA	C	0.02%
COHR	B	0.02%
CXW	F	0.02%
PLXS	B	0.02%
APAM	C	0.02%
CHRD	F	0.02%
AXTA	C	0.02%
TDC	F	0.02%
PNM	B	0.02%
FAF	C	0.02%
WERN	D	0.02%
EXEL	C	0.02%
DRH	C	0.02%
PINC	D	0.02%
LZB	B	0.02%
MASI	D	0.02%
VNT	F	0.02%
SHO	C	0.02%
STC	B	0.02%
HOG	C	0.02%
BKE	C	0.02%
ADNT	F	0.02%
UNF	C	0.02%
RYN	C	0.02%
NVT	D	0.02%
THS	C	0.02%
MATX	C	0.02%
AAP	F	0.01%
KNX	D	0.01%
SCHL	D	0.01%
UHAL	B	0.01%
SCL	D	0.01%
ARCH	F	0.01%
JAZZ	D	0.01%
LYFT	D	0.01%
CACC	F	0.01%
KALU	F	0.01%
SCCO	D	0.01%
ACI	F	0.01%
SWN	D	0.01%
ECPG	D	0.01%
MKSI	F	0.01%
WGO	D	0.01%
UVV	D	0.01%
ESI	D	0.01%
HELE	D	0.01%
HPP	F	0.01%
HUN	D	0.01%
MTDR	F	0.01%
MLKN	F	0.01%
SWX	C	0.01%
ELAN	D	0.01%
WOR	F	0.01%
BECN	D	0.01%
JELD	D	0.01%
CNM	F	0.01%
SYNA	F	0.01%
ESAB	C	0.01%
SIGI	D	0.01%
ARCB	F	0.01%
CENTA	D	0.01%
JBGS	C	0.01%
FLR	D	0.01%
AMED	C	0.01%
FHN	D	0.01%
AFG	B	0.01%
FELE	C	0.01%
DTM	A	0.01%
WAFD	C	0.01%
SPB	B	0.01%
WMK	C	0.01%
BRC	B	0.01%
DY	B	0.01%
CADE	C	0.01%
WTFC	C	0.01%
KN	D	0.01%
PECO	B	0.01%
CR	C	0.01%
ONB	C	0.01%
CBSH	D	0.01%
CBRL	D	0.01%
CSGS	C	0.01%
SAIC	C	0.01%
STRA	F	0.01%
SF	A	0.01%
TTMI	D	0.01%
CPRI	D	0.01%
CVI	F	0.01%
DEI	B	0.01%
AMWD	D	0.01%
WBS	D	0.01%
TREX	F	0.01%
WWD	C	0.01%
LAUR	C	0.01%
OMI	D	0.01%
SAH	D	0.01%
NNI	B	0.01%
H	C	0.01%
RBC	C	0.01%
LAD	C	0.01%
IOSP	D	0.01%
LADR	C	0.01%
GOLF	F	0.01%
KEX	C	0.01%
PSMT	B	0.01%
TNET	F	0.01%
CWEN	B	0.01%
SNV	C	0.01%
BHE	C	0.01%
DAN	F	0.01%
OLLI	C	0.01%
PTEN	F	0.01%
ESNT	B	0.01%
FYBR	C	0.01%
PHIN	C	0.01%
SCS	D	0.01%
DNOW	D	0.01%
WAL	B	0.01%
CSL	B	0.01%
SATS	C	0.01%
NOMD	B	0.0%
WOLF	F	0.0%

MFUS Underweight 149 Positions Relative to XRMI

Symbol	Grade	Weight
MSFT	C	-6.82%
GOOG	D	-1.62%
TSLA	C	-1.38%
UNH	C	-1.18%
AMD	D	-0.53%
TMO	C	-0.52%
LIN	B	-0.48%
ABT	C	-0.44%
ISRG	C	-0.38%
NEE	C	-0.37%
DIS	D	-0.35%
RTX	C	-0.34%
HON	D	-0.29%
SYK	C	-0.28%
BLK	B	-0.27%
MDT	C	-0.26%
PLD	C	-0.26%
MS	C	-0.26%
ADI	C	-0.24%
AMT	C	-0.24%
DE	B	-0.22%
SO	A	-0.21%
BA	F	-0.2%
TT	A	-0.17%
SNPS	D	-0.16%
CDNS	D	-0.15%
PYPL	B	-0.15%
APD	B	-0.14%
FDX	F	-0.14%
CRWD	D	-0.13%
NXPI	D	-0.13%
GEV	B	-0.13%
NSC	C	-0.13%
O	C	-0.12%
DHI	C	-0.12%
SRE	B	-0.11%
CCI	C	-0.11%
ABNB	D	-0.11%
AEP	C	-0.11%
IQV	D	-0.1%
D	B	-0.1%
JCI	B	-0.1%
EW	F	-0.09%
MCHP	D	-0.09%
PCG	B	-0.09%
HUM	F	-0.09%
ACGL	B	-0.09%
TEL	D	-0.09%
KVUE	C	-0.09%
VICI	C	-0.08%
CBRE	A	-0.08%
XEL	B	-0.08%
HES	D	-0.08%
ED	C	-0.08%
AME	C	-0.08%
CTSH	C	-0.08%
CNC	C	-0.08%
ON	F	-0.07%
WEC	B	-0.07%
CSGP	D	-0.07%
AVB	C	-0.07%
EIX	C	-0.07%
OXY	F	-0.07%
FSLR	C	-0.06%
DTE	B	-0.06%
ETR	A	-0.06%
EQR	C	-0.06%
VTR	C	-0.06%
KEYS	C	-0.06%
MRNA	F	-0.06%
DXCM	F	-0.06%
AXON	A	-0.06%
ROK	F	-0.06%
LULU	D	-0.06%
GPN	D	-0.06%
DAL	C	-0.06%
GRMN	D	-0.06%
AWK	C	-0.06%
ATO	B	-0.05%
EQT	D	-0.05%
AEE	A	-0.05%
SW	C	-0.05%
FE	C	-0.05%
ZBH	F	-0.05%
CBOE	C	-0.05%
WY	C	-0.05%
ES	C	-0.05%
STT	B	-0.05%
PPL	B	-0.05%
FTV	C	-0.05%
VLTO	B	-0.05%
DVN	D	-0.05%
APTV	D	-0.04%
LUV	C	-0.04%
SWKS	F	-0.04%
CNP	D	-0.04%
ENPH	D	-0.04%
MAA	C	-0.04%
TDY	C	-0.04%
EXPE	C	-0.04%
RF	B	-0.04%
J	C	-0.04%
STX	C	-0.04%
ESS	C	-0.04%
ARE	C	-0.04%
CMS	B	-0.04%
EL	F	-0.04%
TECH	D	-0.03%
REG	C	-0.03%
KMX	D	-0.03%
SNA	C	-0.03%
CF	C	-0.03%
TRMB	C	-0.03%
BG	D	-0.03%
NI	B	-0.03%
LNT	B	-0.03%
LYV	B	-0.03%
EG	C	-0.03%
ZBRA	B	-0.03%
WBD	D	-0.03%
DOC	C	-0.03%
PODD	B	-0.03%
KIM	C	-0.03%
AMCR	C	-0.03%
SWK	B	-0.03%
WYNN	D	-0.02%
FRT	C	-0.02%
GL	C	-0.02%
CZR	C	-0.02%
FMC	C	-0.02%
NCLH	C	-0.02%
PAYC	D	-0.02%
CRL	F	-0.02%
APA	F	-0.02%
MGM	D	-0.02%
HAS	B	-0.02%
DAY	D	-0.02%
MTCH	C	-0.02%
PNW	B	-0.02%
ALLE	C	-0.02%
ALB	F	-0.02%
LKQ	F	-0.02%
SOLV	C	-0.02%
EPAM	F	-0.02%
NWS	D	-0.01%
FOX	B	-0.01%
ETSY	F	-0.01%
BIO	C	-0.01%
AAL	D	-0.01%