PIMCO RAFI Dynamic Multi-Factor International Equity ETF
$41.01−0.07 (−0.16%)
- 0.40%
- $454M
- +16.6%
- 2.99%
- 0M sh
- $40.91
- low $36.33high $43.40
The ETF.net MFDX Grade
C
Score 48 out of 100
- 16 of 30
Score 48 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D38 out of 100Rank 18 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C53 out of 100Rank 13 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D31 out of 100Rank 24 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A100 out of 100Rank 1 of 30Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B57 out of 100Rank 16 of 30
Our read on MFDX
CPIMCO's answer to the plain international index fund: one Research Affiliates multi-factor benchmark covering roughly 1,200 developed-market stocks outside the US, in a single ticker instead of four style funds bolted together.
The Fund seeks to track the investment results of the RAFI Dynamic Multi-Factor Developed Ex-U.S. Index.
Why people hold it
- Breadth is the standout. Roughly 1,200 developed-market names outside the US, one of the most broadly diversified portfolios in its multi-factor peer group.
- One wrapper, several factors. The RAFI Dynamic Multi-Factor Developed Ex-U.S. Index is the only benchmark, so the factor mix arrives without stacking separate style ETFs.
- Live since 2017, giving it a real multi-year record through several market moods rather than a backtest and a launch party.
- Distributions land quarterly, the standard rhythm for developed-market equity funds.
Worth knowing
- At 0.40% a year it runs slightly above the typical fund in this cohort, and noticeably above cheaper rivals like INTF at 0.16% and GSIE at 0.25%.
- It trades thinly next to the category's household names, which is where limit orders and avoiding the opening bell earn their keep.
- Factor tilts mean the portfolio can look and behave differently from a plain developed-markets tracker, in either direction.
MFDX Holdings
- Stocks
- 1,302
- 8%
- Asml Holding NV Common Stock EUR.09
Sectors
- Industrials17.9%
- Financials17.7%
- Materials9.6%
- Technology9.4%
- Consumer Staples8.8%
- Consumer Discretionary8.2%
- Energy7.4%
- Health Care6.8%
- Communication6.3%
- Utilities5.8%
- Real Estate2.1%
Geography
- Japan28.60%
- United Kingdom12.36%
- Switzerland8.14%
- Canada8.11%
- Germany5.77%
- France5.39%
- Spain4.72%
- Netherlands4.34%
- 22.58%
Developed 98% · Emerging 2%
MFDX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
MFDX$11,658
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MFDX |
|---|---|
| Year to date | +9.3% |
| 1 month | −3.1% |
| 3 months | −0.4% |
| 1 year | +16.6% |
| 3 years | +19.0% |
| 5 years | +10.5% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MFDX |
|---|---|---|
| 2026 YTD | +9.3% | |
| 2025 | +34.3% | |
| 2024 | +4.4% | |
| 2023 | +17.5% | |
| 2022 | −10.3% | |
| 2021 | +11.1% | |
| 2020 | +6.9% |
MFDX in the news
First-Year Review
Hartford Dynamic Bond ETF's first year: coupons covered a 3.9% slide
MFDX Dividends
- 2.99%
- $1.23
- $0.23 per share
- Quarterly
Distribution history
MFDX Risk
- 11.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.14
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.81
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MFDX Cost
0.40%
MFDX0.40%
- The middle half of International Multifactor funds
- Median 0.35%
19 of the 30 International Multifactor funds charge less.
Other funds in International Multifactor
- CGSEUGoldman Sachs ActiveBeta Europe Equity ETFExpense ratio 0.25%1 year return +12.4%
- CJPINJPMorgan Diversified Return International Equity ETFExpense ratio 0.37%1 year return +17.5%
- CIMFLInvesco International Developed Dynamic Multifactor ETFExpense ratio 0.34%1 year return +24.4%
- CJHMDJohn Hancock Investments - Multifactor Developed International ETFExpense ratio 0.39%1 year return +15.3%
- CDXIVDimensional - International Vector Equity ETFExpense ratio 0.53%1 year return +21.3%