PIMCO RAFI Multi-Factor International Equity ETF

MFDX is a Global Ex. US Equities ETF. PIMCO RAFI Dynamic Multi-Factor International Equity Exchange-Traded Fund is a smart beta strategy that seeks to track the investment results of the RAFI Dynamic Multi-Factor Developed Ex-U.S. Index. The fund is designed to provide investors with the benefits of dynamically-weighted exposure to multiple equity factors, including value, quality, low volatility, momentum and size an approach that can improve excess return potential. The RAFI Multi-Factor Developed ex-U.S index strategy is a broadly diversified equity strategy with equally weighted exposures to five return factors; value, low volatility, quality, momentum and size.

MFDX tracks the RAFI Dynamic Multi-Factor Developed ExUS Index.

No, MFDX is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, MFDX is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MFDX is 0.0084%. This is the percent change in the value of MFDX over the most recent 1-month period. The 3-month return on MFDX is 0.0042%. This is the percent change in the value of MFDX over the most recent 3-month period.

The standard deviation of MFDX for the past year is 0.1556%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MFDX include PBW, IGF, and ARKK.

ETFs correlated to MFDX include DFAI, AVDE, and DFIC.

ETFs that are inversely correlated to MFDX include EFZ, EPV, and SH.