PIMCO RAFI Dynamic Multi-Factor International Equity ETF

Shareclass

PIMCO RAFI Dyn Multi-Factor Intl Eq ETF (MFDX)

Type

Exchange-traded fund

Manager

Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments

10.84%

INVESTED IN DEFORESTATION-RISK COMPANIES

AGRIBUSINESS

deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy

BANKS AND LENDERS

that finance deforestation-risk agribusiness producers via lending and underwriting

MAJOR CONSUMER BRANDS

that use deforestation-risk agribusiness commodities in products

holdings flagged

11%

of assets flagged

This fund contains

$42.54 MILLION invested

in holdings flagged for deforestation risk

Take action

Commodity producers

12 holdings

0.74% of assets

$2.92 MILLION invested

Banks and lenders

13 holdings

4.19% of assets

$16.45 MILLION invested

Major consumer brands

53 holdings

6.02% of assets

$23.65 MILLION invested

Commodity producers

12 HOLDINGS

Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.

12 HOLDINGS

% of portfolio
$ invested
1. Marubeni Corp
0.22%0.22% of portfolio
$863,328$863,328 invested
2. Glencore PLC
0.13%0.13% of portfolio
$503,718$503,718 invested
3. WH Group Ltd Shs Unitary 144A/Reg S
0.07%0.07% of portfolio
$277,391$277,391 invested
4. Wilmar International Ltd
0.06%0.06% of portfolio
$243,146$243,146 invested
5. Mondi PLC
0.04%0.04% of portfolio
$171,755$171,755 invested

View next 5

Banks and lenders

13 HOLDINGS

Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).

13 HOLDINGS

% of portfolio
$ invested
1. HSBC Holdings PLC
0.7%0.7% of portfolio
$2.76M$2.76M invested
2. Mizuho Financial Group Inc
0.52%0.52% of portfolio
$2.03M$2.03M invested
3. DBS Group Holdings Ltd
0.46%0.46% of portfolio
$1.82M$1.82M invested
4. Commerzbank AG
0.44%0.44% of portfolio
$1.74M$1.74M invested
5. Barclays PLC
0.38%0.38% of portfolio
$1.49M$1.49M invested

View next 5

Major consumer brands

53 HOLDINGS

Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).

53 HOLDINGS

% of portfolio
$ invested
1. Unilever PLC
0.72%0.72% of portfolio
$2.84M$2.84M invested
2. Koninklijke Ahold Delhaize NV
0.57%0.57% of portfolio
$2.26M$2.26M invested
3. Tesco PLC
0.56%0.56% of portfolio
$2.2M$2.2M invested
4. Reckitt Benckiser Group PLC
0.41%0.41% of portfolio
$1.61M$1.61M invested
5. AEON Co Ltd
0.27%0.27% of portfolio
$1.05M$1.05M invested

View next 5

View more info

DATA AS OF 31 Oct 2025

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PIMCO RAFI Dynamic Multi-Factor International Equity ETF MFDX

Environment

Fossil fuels

Coal/oil/gas energy, fossil-fired utilities, related financial companies

Deforestation

Deforestation-risk agriculture, related financial companies, consumer brands

Social

Gender equality

Gender equality scorecard group ranking

Diversity disclosures

Diversity disclosures scorecard group ranking

N/A

Racial justice

Racial justice scorecard group ranking

N/A

LGBTQ+ equity

LGBTQ+ equity scorecard group ranking

N/A

Civilian firearms

Civilian firearms manufacturers, related gun retailers

Prison industrial complex

Prisons and borders industry, including private prison operators

Military weapons

Military arms manufacturers, including nuclear weapons, controversial weapons

Tobacco

Tobacco companies, and tobacco-promoting entertainment companies

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Financial performance

Performance data provided by

Find more financial data on MFDX at Morningstar.com

Current fund

MFDX

PIMCO RAFI Dynamic Multi-Factor International Equity ETF

Family

PIMCO

Category

Foreign Large Blend

Find another fund

vs.

Benchmark

ACWX

iShares MSCI ACWI ex U.S. ETF

Family

iShares from BlackRock

Category

Foreign Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 10/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: MSCI ACWI Ex USA

Fund comparison results

Compared to the benchmark, this fund has:

Higher 5-yr returns

2.16% more in annualized returns

Less invested in commodity producers

0.47% less invested

Less invested in banks and lenders

1.7% less invested

Less invested in major consumer brands

0.4% less invested

Current fund

MFDX

PIMCO RAFI Dynamic Multi-Factor International Equity ETF

Family

PIMCO

Category

Foreign Large Blend

Find another fund

vs.

Benchmark

ACWX

iShares MSCI ACWI ex U.S. ETF

Family

iShares from BlackRock

Category

Foreign Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 10/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: MSCI ACWI Ex USA

Fund comparison results

Compared to the benchmark, this fund has:

Higher 5-yr returns

2.16% more in annualized returns

Less invested in commodity producers

0.47% less invested

Less invested in banks and lenders

1.7% less invested

Less invested in major consumer brands

0.4% less invested

Current fund

MFDX

PIMCO RAFI Dynamic Multi-Factor International Equity ETF

Family

PIMCO

Category

Foreign Large Blend

Find another fund

vs.

Benchmark

ACWX

iShares MSCI ACWI ex U.S. ETF

Family

iShares from BlackRock

Category

Foreign Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 10/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: MSCI ACWI Ex USA

Fund comparison results

Compared to the benchmark, this fund has:

Higher 5-yr returns

2.16% more in annualized returns

Less invested in commodity producers

0.47% less invested

Less invested in banks and lenders

1.7% less invested

Less invested in major consumer brands

0.4% less invested

Month-end trailing returns

Performance as of date: 10/31/25

Morningstar suggested benchmark: MSCI ACWI Ex USA NR USD

Annualized returns

Deforestation analysis

1-yr

3-yr

5-yr

10-yr

This fund
MFDX - PIMCO RAFI Dynamic Multi-Factor International Equity ETF

25%

20%

13%

0.74%

Benchmark

25%

20%

11%

7.54%

1.21%

Fund compared to benchmark

-0.01%

2.16%

0.47% lower

Find more financial data on MFDX at Morningstar.com

Take Action

Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.

SUPPORT THE PETITION

Find top-graded funds that avoid deforestation-risk investments.

FIND TOP-SCORING FUNDS

Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.

CHECK FOR FOSSIL FUELS

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