---
ticker: "MFEM"
name: "PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF"
url: "https://etf.net/etf/MFEM"
grade: "C"
score: 45
graded_at: "2026-10-12"
category: "Emerging Markets Multifactor"
category_rank: "11 of 20"
methodology: "https://etf.net/methodology"
---

# MFEM: PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

Grade **C**, Score 45 of 100. Rank 11 of 20 in Emerging Markets Multifactor.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 37 | 12 of 20 |
| Mission | Not scored | — |
| Risk | 39 | 15 of 19 |
| Tradability | 35 | 15 of 20 |
| Holdings | 100 | 1 of 20 |
| Durability | 37 | 17 of 20 |

## Top holdings

The fund holds 686 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Yuan Renminbi Offshore | 2.90% |
| 2 | — | Ase Technology Holding Co Lt Common Stock TWD10.0 | 2.76% |
| 3 | — | Mediatek Inc Common Stock TWD10.0 | 2.74% |
| 4 | — | Delta Electronics Inc Common Stock TWD10.0 | 2.36% |
| 5 | — | Nan Ya Plastics Corp Common Stock TWD10.0 | 2.24% |
| 6 | — | Samsung Electro Mechanics Co Common Stock KRW5000.0 | 1.91% |
| 7 | — | Hyundai Motor Co Common Stock KRW5000.0 | 1.71% |
| 8 | — | Lenovo Group Ltd Common Stock | 1.61% |
| 9 | — | Petrobras Petroleo Bras Pr Preference | 1.60% |
| 10 | — | United Microelectronics Corp Common Stock TWD10.0 | 1.44% |
| 11 | — | Unimicron Technology Corp Common Stock TWD10.0 | 1.38% |
| 12 | — | Sk Hynix Inc Common Stock KRW5000.0 | 1.30% |
| 13 | — | Taiwan Semiconductor Manufac Common Stock TWD10.0 | 1.29% |
| 14 | — | Lg Electronics Inc Common Stock KRW5000.0 | 1.27% |
| 15 | — | Samsung Electronics Co Ltd Common Stock KRW100.0 | 1.19% |
| 16 | — | Hon Hai Precision Industry Common Stock TWD10.0 | 1.19% |
| 17 | — | Ptt Pcl/Foreign Foreign Sh. THB1.0 A | 1.06% |
| 18 | — | China Construction Bank H Common Stock CNY1.0 | 1.03% |
| 19 | — | Ind & Comm Bk of China H Common Stock CNY1.0 | 0.97% |
| 20 | — | Yageo Corporation Common Stock TWD2.5 | 0.89% |
| 21 | — | Innolux Corp Common Stock TWD10.0 | 0.88% |
| 22 | — | Ping An Insurance Group Co H Common Stock CNY1.0 | 0.85% |
| 23 | — | Bank of China Ltd H Common Stock CNY1.0 | 0.85% |
| 24 | — | Zhen Ding Technology Holding Common Stock TWD10.0 | 0.84% |
| 25 | — | Vale SA Common Stock | 0.82% |
| 26 | — | Elite Material Co Ltd Common Stock TWD10.0 | 0.82% |
| 27 | — | Petrochina Co Ltd H Common Stock CNY1.0 | 0.81% |
| 28 | — | Posco Holdings Inc Common Stock KRW5000.0 | 0.68% |
| 29 | — | Netease Inc Common Stock USD.0001 | 0.65% |
| 30 | — | Accton Technology Corp Common Stock TWD10.0 | 0.65% |

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