---
ticker: "MFDX"
name: "PIMCO RAFI Dynamic Multi-Factor International Equity ETF"
url: "https://etf.net/etf/MFDX"
grade: "C"
score: 48
graded_at: "2026-10-12"
category: "International Multifactor"
category_rank: "16 of 30"
methodology: "https://etf.net/methodology"
---

# MFDX: PIMCO RAFI Dynamic Multi-Factor International Equity ETF

Grade **C**, Score 48 of 100. Rank 16 of 30 in International Multifactor.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 38 | 18 of 30 |
| Mission | Not scored | — |
| Risk | 53 | 13 of 30 |
| Tradability | 31 | 24 of 30 |
| Holdings | 100 | 1 of 30 |
| Durability | 57 | 16 of 30 |

## Top holdings

The fund holds 1302 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Asml Holding NV Common Stock EUR.09 | 1.03% |
| 2 | — | Novartis AG Reg Common Stock CHF.49 | 0.91% |
| 3 | — | Advantest Corp Common Stock | 0.90% |
| 4 | — | Tokyo Electron Ltd Common Stock | 0.90% |
| 5 | — | Glencore PLC Common Stock USD.01 | 0.87% |
| 6 | — | Banco Santander SA Common Stock EUR.5 | 0.83% |
| 7 | — | Nestle SA Reg Common Stock CHF.1 | 0.80% |
| 8 | — | Bp PLC Common Stock USD.25 | 0.75% |
| 9 | — | Roche Holding AG Common Stock CHF.001 | 0.73% |
| 10 | — | Abb Ltd Reg Common Stock CHF.12 | 0.72% |
| 11 | — | Zurich Insurance Group AG Common Stock CHF.1 | 0.67% |
| 12 | — | Iberdrola SA Common Stock EUR.75 | 0.67% |
| 13 | — | Rio Tinto PLC Common Stock GBP.1 | 0.66% |
| 14 | — | Shell PLC Common Stock EUR.07 | 0.65% |
| 15 | — | Murata Manufacturing Co Ltd Common Stock | 0.64% |
| 16 | — | Eni Spa Common Stock | 0.63% |
| 17 | — | Repsol SA Common Stock EUR1.0 | 0.61% |
| 18 | — | Equinor Asa Common Stock NOK2.5 | 0.60% |
| 19 | — | Recruit Holdings Co Ltd Common Stock | 0.59% |
| 20 | — | Unilever PLC Common Stock GBP.00031111 | 0.59% |
| 21 | — | Mizuho Financial Group Inc Common Stock | 0.57% |
| 22 | — | Enel Spa Common Stock EUR1.0 | 0.57% |
| 23 | — | Koninklijke Ahold Delhaize N Common Stock EUR.01 | 0.54% |
| 24 | — | Totalenergies SE Common Stock EUR2.5 | 0.53% |
| 25 | — | Gsk PLC Common Stock | 0.52% |
| 26 | — | Engie Common Stock EUR1.0 | 0.52% |
| 27 | — | Net Other Assets | 0.52% |
| 28 | — | Vodafone Group PLC Common Stock USD.2095238 | 0.51% |
| 29 | — | Arcelormittal Common Stock | 0.48% |
| 30 | — | Fujikura Ltd Common Stock | 0.46% |

Source: etf.net, https://etf.net/etf/MFDX. Please cite the page URL.