ESML vs. CVMC ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to Calvert US Mid-Cap Core Responsible Index ETF (CVMC)

ESML

iShares MSCI USA Small-Cap ESG Optimized ETF

ESML Description

The investment seeks to track the investment results of the MSCI USA Small Cap Extended ESG Focus Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index is an optimized equity index designed to produce investment results comparable to the MSCI USA Small Cap Index (the "parent index"), while reflecting a higher allocation than that of the parent index to U.S. small-capitalization companies with favorable ESG profiles. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.58

Average Daily Volume

90,661

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

CVMC

Calvert US Mid-Cap Core Responsible Index ETF

CVMC Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of mid-size companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment.

Grade (RS Rating)

Last Trade

$61.39

Average Daily Volume

2,249

Number of Holdings ^*

606

* may have additional holdings in another (foreign) market

Performance

Period	ESML	CVMC
30 Days	1.97%	0.42%
60 Days	4.70%	3.40%
90 Days	7.67%	5.92%
12 Months	29.08%	27.77%

270 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in CVMC	Overlap
AAON	B	0.25%	0.1%	0.1%
ABG	B	0.12%	0.05%	0.05%
AFRM	A	0.23%	0.14%	0.14%
AGCO	F	0.13%	0.07%	0.07%
AGNC	C	0.12%	0.07%	0.07%
AIT	B	0.13%	0.12%	0.12%
AL	B	0.1%	0.06%	0.06%
ALK	A	0.23%	0.09%	0.09%
ALSN	B	0.26%	0.12%	0.12%
ALTR	B	0.14%	0.06%	0.06%
AMG	C	0.19%	0.05%	0.05%
AN	D	0.07%	0.04%	0.04%
ANF	C	0.15%	0.07%	0.07%
APG	C	0.06%	0.1%	0.06%
APLS	F	0.03%	0.03%	0.03%
APPF	C	0.11%	0.05%	0.05%
ARMK	C	0.23%	0.11%	0.11%
ARW	F	0.09%	0.06%	0.06%
ASH	F	0.04%	0.04%	0.04%
ATI	C	0.14%	0.12%	0.12%
ATKR	D	0.09%	0.04%	0.04%
ATR	B	0.24%	0.13%	0.13%
AVT	C	0.27%	0.04%	0.04%
AWI	B	0.23%	0.06%	0.06%
AXS	A	0.19%	0.06%	0.06%
AXTA	B	0.27%	0.1%	0.1%
AYI	B	0.34%	0.12%	0.12%
AZEK	B	0.13%	0.06%	0.06%
BBIO	F	0.04%	0.04%	0.04%
BC	D	0.07%	0.06%	0.06%
BCC	C	0.16%	0.05%	0.05%
BCPC	B	0.13%	0.07%	0.07%
BECN	B	0.14%	0.06%	0.06%
BERY	D	0.17%	0.09%	0.09%
BFAM	F	0.2%	0.07%	0.07%
BILL	B	0.14%	0.09%	0.09%
BJ	B	0.25%	0.11%	0.11%
BLD	F	0.26%	0.12%	0.12%
BMI	C	0.3%	0.07%	0.07%
BPMC	C	0.08%	0.07%	0.07%
BPOP	C	0.08%	0.07%	0.07%
BRBR	A	0.1%	0.09%	0.09%
BRKR	F	0.13%	0.06%	0.06%
BRX	A	0.16%	0.1%	0.1%
BWA	D	0.18%	0.11%	0.11%
CADE	B	0.15%	0.07%	0.07%
CASY	A	0.52%	0.16%	0.16%
CBSH	A	0.23%	0.09%	0.09%
CBT	C	0.13%	0.07%	0.07%
CDP	C	0.21%	0.04%	0.04%
CFLT	B	0.15%	0.07%	0.07%
CFR	B	0.1%	0.08%	0.08%
CGNX	D	0.1%	0.08%	0.08%
CHE	F	0.14%	0.09%	0.09%
CHH	A	0.06%	0.04%	0.04%
CHWY	B	0.08%	0.04%	0.04%
CIEN	B	0.19%	0.1%	0.1%
CLH	C	0.06%	0.14%	0.06%
CMA	B	0.21%	0.09%	0.09%
CMC	B	0.22%	0.14%	0.14%
CNM	C	0.22%	0.08%	0.08%
COHR	B	0.28%	0.15%	0.15%
COKE	C	0.06%	0.07%	0.06%
COLD	F	0.05%	0.07%	0.05%
COLM	B	0.07%	0.03%	0.03%
COOP	B	0.05%	0.06%	0.05%
CROX	F	0.15%	0.05%	0.05%
CRUS	F	0.15%	0.06%	0.06%
CUBE	C	0.2%	0.12%	0.12%
CVLT	B	0.22%	0.08%	0.08%
CVNA	A	0.48%	0.25%	0.25%
CW	B	0.23%	0.16%	0.16%
CWAN	B	0.06%	0.04%	0.04%
CWEN	C	0.07%	0.03%	0.03%
CWEN	C	0.05%	0.03%	0.03%
DAR	B	0.19%	0.07%	0.07%
DBX	C	0.16%	0.07%	0.07%
DCI	B	0.25%	0.11%	0.11%
DLB	F	0.16%	0.04%	0.04%
DOCS	C	0.08%	0.06%	0.06%
DUOL	A	0.18%	0.13%	0.13%
DY	C	0.1%	0.06%	0.06%
EHC	B	0.29%	0.11%	0.11%
ELAN	D	0.16%	0.07%	0.07%
ELF	C	0.13%	0.06%	0.06%
ENSG	D	0.2%	0.09%	0.09%
EPRT	A	0.18%	0.06%	0.06%
ESI	B	0.14%	0.07%	0.07%
ESNT	D	0.07%	0.06%	0.06%
ESTC	C	0.17%	0.08%	0.08%
ETSY	D	0.1%	0.06%	0.06%
EVR	B	0.12%	0.1%	0.1%
EWBC	A	0.4%	0.14%	0.14%
EXLS	B	0.23%	0.07%	0.07%
EXPO	D	0.06%	0.06%	0.06%
FAF	C	0.16%	0.07%	0.07%
FCN	F	0.19%	0.08%	0.08%
FELE	B	0.22%	0.05%	0.05%
FHN	A	0.23%	0.1%	0.1%
FIVE	F	0.1%	0.04%	0.04%
FIX	A	0.38%	0.17%	0.17%
FLO	D	0.04%	0.05%	0.04%
FLS	A	0.16%	0.09%	0.09%
FMC	D	0.14%	0.08%	0.08%
FND	F	0.2%	0.1%	0.1%
FOUR	A	0.06%	0.06%	0.06%
FR	C	0.09%	0.08%	0.08%
FRPT	A	0.19%	0.08%	0.08%
FRT	B	0.31%	0.11%	0.11%
FSS	B	0.15%	0.06%	0.06%
GAP	D	0.12%	0.05%	0.05%
GATX	B	0.17%	0.06%	0.06%
GKOS	A	0.18%	0.08%	0.08%
GL	C	0.12%	0.09%	0.09%
GME	C	0.21%	0.07%	0.07%
GMED	A	0.11%	0.1%	0.1%
GPK	D	0.26%	0.1%	0.1%
GTLS	A	0.14%	0.08%	0.08%
GWRE	A	0.43%	0.16%	0.16%
GXO	B	0.16%	0.08%	0.08%
HALO	F	0.11%	0.07%	0.07%
HAS	D	0.19%	0.08%	0.08%
HCP	B	0.1%	0.05%	0.05%
HOG	F	0.2%	0.06%	0.06%
HQY	A	0.16%	0.08%	0.08%
HRB	D	0.19%	0.09%	0.09%
HXL	F	0.14%	0.06%	0.06%
IBP	F	0.09%	0.06%	0.06%
INGR	B	0.42%	0.1%	0.1%
INSP	F	0.08%	0.06%	0.06%
IONS	F	0.05%	0.05%	0.05%
ITRI	B	0.2%	0.06%	0.06%
ITT	A	0.28%	0.14%	0.14%
IVZ	C	0.24%	0.08%	0.08%
JAZZ	C	0.16%	0.08%	0.08%
JEF	A	0.11%	0.12%	0.11%
JHG	B	0.51%	0.06%	0.06%
JLL	D	0.34%	0.14%	0.14%
JXN	C	0.14%	0.07%	0.07%
KBH	D	0.2%	0.06%	0.06%
KD	A	0.1%	0.07%	0.07%
KNSL	B	0.2%	0.1%	0.1%
LAD	B	0.22%	0.09%	0.09%
LBRDK	C	0.07%	0.12%	0.07%
LEA	F	0.1%	0.08%	0.08%
LECO	C	0.2%	0.13%	0.13%
LEVI	F	0.05%	0.02%	0.02%
LFUS	D	0.14%	0.07%	0.07%
LNC	B	0.09%	0.06%	0.06%
LPX	B	0.17%	0.07%	0.07%
LSCC	D	0.15%	0.07%	0.07%
LSTR	D	0.21%	0.09%	0.09%
LYFT	C	0.11%	0.06%	0.06%
M	D	0.13%	0.04%	0.04%
MAT	D	0.13%	0.06%	0.06%
MEDP	D	0.15%	0.09%	0.09%
MHK	D	0.07%	0.07%	0.07%
MKSI	C	0.14%	0.09%	0.09%
MMS	D	0.04%	0.05%	0.04%
MMSI	A	0.15%	0.06%	0.06%
MOD	A	0.15%	0.09%	0.09%
MOG.A	B	0.24%	0.07%	0.07%
MORN	B	0.18%	0.11%	0.11%
MSA	D	0.17%	0.07%	0.07%
MTG	D	0.23%	0.06%	0.06%
MTH	D	0.17%	0.07%	0.07%
MTN	C	0.2%	0.07%	0.07%
MTZ	A	0.17%	0.09%	0.09%
NFG	A	0.2%	0.06%	0.06%
NOVT	D	0.19%	0.07%	0.07%
NSIT	F	0.13%	0.04%	0.04%
NTNX	B	0.36%	0.17%	0.17%
NVT	C	0.19%	0.14%	0.14%
NXST	C	0.09%	0.06%	0.06%
NYT	D	0.18%	0.1%	0.1%
OGN	F	0.09%	0.04%	0.04%
OHI	B	0.19%	0.12%	0.12%
OLED	F	0.08%	0.07%	0.07%
OLLI	D	0.12%	0.05%	0.05%
OMF	A	0.2%	0.06%	0.06%
ONB	B	0.19%	0.07%	0.07%
ONTO	F	0.21%	0.08%	0.08%
OPCH	F	0.09%	0.04%	0.04%
ORI	A	0.13%	0.09%	0.09%
OSK	C	0.3%	0.08%	0.08%
OWL	A	0.06%	0.12%	0.06%
OZK	B	0.14%	0.05%	0.05%
PCTY	B	0.2%	0.09%	0.09%
PEN	B	0.17%	0.1%	0.1%
PFSI	C	0.1%	0.03%	0.03%
PLNT	A	0.2%	0.09%	0.09%
PNFP	B	0.3%	0.09%	0.09%
PRI	A	0.23%	0.1%	0.1%
PSN	C	0.1%	0.05%	0.05%
PVH	C	0.16%	0.05%	0.05%
R	B	0.29%	0.1%	0.1%
RDN	D	0.09%	0.05%	0.05%
REXR	F	0.31%	0.1%	0.1%
RGA	B	0.3%	0.15%	0.15%
RGEN	F	0.16%	0.08%	0.08%
RH	D	0.06%	0.05%	0.05%
RHI	C	0.21%	0.09%	0.09%
RHP	B	0.19%	0.07%	0.07%
RL	C	0.09%	0.08%	0.08%
RMBS	C	0.14%	0.06%	0.06%
RNR	C	0.24%	0.12%	0.12%
RRX	B	0.15%	0.13%	0.13%
RYAN	B	0.14%	0.07%	0.07%
S	B	0.12%	0.08%	0.08%
SAIA	C	0.28%	0.2%	0.2%
SCI	A	0.27%	0.13%	0.13%
SEE	D	0.07%	0.06%	0.06%
SF	B	0.18%	0.11%	0.11%
SFM	A	0.43%	0.15%	0.15%
SIG	C	0.1%	0.04%	0.04%
SIGI	B	0.29%	0.06%	0.06%
SITE	D	0.16%	0.06%	0.06%
SLM	B	0.16%	0.05%	0.05%
SMAR	A	0.14%	0.07%	0.07%
SNV	B	0.3%	0.08%	0.08%
SNX	D	0.08%	0.08%	0.08%
SOFI	A	0.22%	0.14%	0.14%
SON	F	0.11%	0.06%	0.06%
SPSC	F	0.16%	0.07%	0.07%
SRPT	F	0.18%	0.11%	0.11%
SSB	B	0.27%	0.08%	0.08%
SSD	D	0.1%	0.09%	0.09%
ST	F	0.08%	0.06%	0.06%
STWD	C	0.1%	0.06%	0.06%
SUM	B	0.28%	0.13%	0.13%
SWX	A	0.13%	0.05%	0.05%
TENB	D	0.1%	0.05%	0.05%
THG	A	0.18%	0.06%	0.06%
THO	C	0.12%	0.08%	0.08%
TMHC	B	0.17%	0.08%	0.08%
TNET	F	0.08%	0.04%	0.04%
TOL	B	0.27%	0.17%	0.17%
TPR	B	0.29%	0.13%	0.13%
TPX	B	0.14%	0.09%	0.09%
TREX	D	0.07%	0.07%	0.07%
TRNO	D	0.1%	0.06%	0.06%
TTEK	F	0.16%	0.12%	0.12%
TXRH	B	0.11%	0.14%	0.11%
UGI	C	0.24%	0.06%	0.06%
UNM	A	0.25%	0.13%	0.13%
USFD	A	0.49%	0.17%	0.17%
VFC	C	0.18%	0.07%	0.07%
VMI	B	0.13%	0.08%	0.08%
VNO	C	0.09%	0.08%	0.08%
VNT	C	0.15%	0.06%	0.06%
VOYA	B	0.16%	0.08%	0.08%
VRNS	D	0.06%	0.06%	0.06%
WAL	B	0.22%	0.1%	0.1%
WBS	A	0.27%	0.1%	0.1%
WCC	B	0.24%	0.09%	0.09%
WEX	F	0.25%	0.08%	0.08%
WH	B	0.15%	0.08%	0.08%
WHR	B	0.2%	0.06%	0.06%
WING	D	0.19%	0.11%	0.11%
WMS	F	0.21%	0.1%	0.1%
WSC	F	0.17%	0.07%	0.07%
WTFC	B	0.07%	0.08%	0.07%
WTM	A	0.13%	0.05%	0.05%
WTS	B	0.21%	0.07%	0.07%
WWD	B	0.19%	0.11%	0.11%
XPO	B	0.33%	0.24%	0.24%
XRAY	D	0.05%	0.04%	0.04%
ZI	D	0.09%	0.03%	0.03%
ZION	B	0.2%	0.08%	0.08%
ZWS	B	0.2%	0.05%	0.05%

ESML Overweight 634 Positions Relative to CVMC

Symbol	Grade	Weight
KBR	F	0.35%
FTI	A	0.35%
MUSA	B	0.34%
FLEX	B	0.33%
IBKR	A	0.32%
NTRA	A	0.31%
OGS	A	0.31%
GBCI	B	0.3%
BWXT	A	0.3%
RGLD	C	0.29%
CNX	A	0.28%
DTM	A	0.28%
UMBF	B	0.27%
MWA	B	0.25%
RRC	B	0.25%
PRGS	B	0.24%
FTAI	A	0.24%
HRI	C	0.24%
NCLH	B	0.24%
REZI	A	0.23%
THC	C	0.23%
FTDR	B	0.22%
GNRC	B	0.22%
AR	B	0.22%
EGP	D	0.21%
CACI	C	0.21%
INSM	C	0.21%
PCVX	D	0.21%
CUZ	B	0.21%
NJR	A	0.21%
CNO	B	0.2%
BDC	B	0.2%
FBP	B	0.2%
TGNA	B	0.2%
BHLB	B	0.2%
RLI	A	0.2%
HHH	B	0.2%
WK	C	0.2%
AVA	C	0.19%
PR	B	0.19%
LUMN	C	0.19%
LNW	F	0.19%
SNDR	B	0.19%
GPI	B	0.19%
AA	A	0.19%
CR	A	0.19%
BANR	B	0.18%
SPXC	A	0.18%
KNTK	A	0.18%
MDU	D	0.18%
ENLC	A	0.18%
AEIS	B	0.17%
LAZ	B	0.17%
CHX	C	0.17%
FN	B	0.17%
PCH	D	0.17%
PCOR	C	0.17%
PLXS	B	0.17%
ASB	B	0.17%
VVV	D	0.17%
UBSI	B	0.17%
KTB	A	0.16%
MYRG	C	0.16%
EAT	A	0.16%
TNL	B	0.16%
TKO	A	0.16%
ACIW	B	0.16%
BHE	B	0.16%
VLY	B	0.15%
ECG	C	0.15%
CPF	B	0.15%
AM	A	0.15%
FIBK	B	0.15%
CRS	A	0.15%
NOV	D	0.15%
HNI	B	0.15%
ITCI	B	0.15%
WFRD	F	0.15%
GTLB	B	0.15%
PINC	B	0.14%
X	C	0.14%
CHDN	C	0.14%
SR	A	0.14%
TPH	D	0.14%
PRIM	A	0.14%
ACA	A	0.14%
IBCP	B	0.14%
IDCC	B	0.14%
ASGN	F	0.14%
CZR	F	0.14%
AVAV	C	0.13%
HESM	A	0.13%
EPAC	B	0.13%
CAVA	C	0.13%
STRL	A	0.13%
PDCO	F	0.13%
FYBR	C	0.13%
LRN	A	0.13%
KNF	B	0.13%
KLIC	C	0.13%
ITGR	B	0.13%
CYTK	D	0.13%
CPK	A	0.13%
MUR	F	0.13%
BOX	B	0.13%
NPO	A	0.13%
COLB	B	0.13%
CABO	C	0.13%
HIW	D	0.13%
CVBF	B	0.12%
DFIN	D	0.12%
YETI	D	0.12%
IRDM	F	0.12%
QTWO	B	0.12%
KOS	D	0.12%
RKLB	B	0.12%
WGO	D	0.12%
WHD	B	0.12%
BLKB	B	0.12%
CRDO	B	0.12%
WERN	B	0.12%
MTX	C	0.12%
ADT	B	0.12%
HAE	C	0.12%
FULT	B	0.12%
CSGS	B	0.11%
PEGA	B	0.11%
PATH	C	0.11%
DXC	D	0.11%
ORA	B	0.11%
KRC	C	0.11%
ABCB	B	0.11%
AUB	B	0.11%
VKTX	F	0.11%
XENE	D	0.11%
WDFC	B	0.11%
SHOO	D	0.11%
CRNX	C	0.11%
ECPG	C	0.11%
EFSC	B	0.11%
ADC	A	0.11%
MRCY	C	0.11%
LBRDA	C	0.11%
KAR	A	0.11%
VC	F	0.1%
RXO	C	0.1%
NWL	B	0.1%
TDC	D	0.1%
HASI	F	0.1%
ERII	D	0.1%
PJT	B	0.1%
AROC	A	0.1%
SCL	D	0.1%
RVMD	B	0.1%
ALKS	C	0.1%
TRN	A	0.1%
FA	D	0.1%
DV	C	0.1%
CAC	B	0.1%
FUL	F	0.1%
VECO	F	0.1%
NXT	D	0.1%
SLG	B	0.1%
BHVN	C	0.1%
DNLI	C	0.1%
DRS	B	0.1%
APAM	B	0.1%
CRC	A	0.1%
LITE	B	0.1%
FLR	B	0.1%
RDUS	C	0.1%
CCOI	B	0.1%
RDNT	B	0.1%
AMAL	B	0.1%
LCII	D	0.1%
ALTM	C	0.1%
LNTH	F	0.1%
AMED	F	0.09%
RNA	C	0.09%
ABM	B	0.09%
NMIH	D	0.09%
UPST	B	0.09%
U	F	0.09%
KFY	B	0.09%
CNK	A	0.09%
WEN	C	0.09%
POST	C	0.09%
SHAK	C	0.09%
MGRC	B	0.09%
CURB	D	0.09%
SLAB	F	0.09%
MTSI	B	0.09%
ESE	B	0.09%
SJW	F	0.09%
HWC	B	0.09%
MARA	C	0.09%
CRVL	A	0.09%
BRC	C	0.09%
IMAX	A	0.09%
POWL	C	0.09%
ACHC	F	0.09%
EVRI	A	0.08%
AVPT	A	0.08%
AMWD	C	0.08%
SBRA	B	0.08%
BXMT	C	0.08%
ICUI	D	0.08%
KTOS	C	0.08%
KOP	C	0.08%
ICFI	F	0.08%
AUR	C	0.08%
EWTX	C	0.08%
IESC	A	0.08%
BL	C	0.08%
TILE	B	0.08%
TBBK	B	0.08%
SPB	C	0.08%
IOSP	C	0.08%
ACLX	C	0.08%
CRSP	D	0.08%
VSEC	B	0.08%
INTA	B	0.08%
ALG	C	0.08%
SASR	B	0.08%
PLYA	B	0.08%
PRVA	C	0.08%
LBPH	A	0.08%
TEX	D	0.08%
INDB	B	0.08%
ENOV	C	0.08%
VAC	C	0.08%
TDS	B	0.08%
PIPR	B	0.08%
TARS	C	0.08%
PRKS	B	0.08%
BWIN	D	0.08%
AEO	F	0.08%
HR	C	0.08%
NTGR	A	0.08%
UNIT	B	0.08%
BOH	B	0.08%
LNN	B	0.08%
STC	B	0.08%
MAC	A	0.08%
PRCT	B	0.08%
JBT	A	0.08%
GVA	A	0.08%
ZD	B	0.08%
PLMR	A	0.08%
MIR	A	0.08%
RNST	B	0.08%
DEA	D	0.07%
AAT	A	0.07%
SKT	A	0.07%
EE	A	0.07%
HI	C	0.07%
GBX	B	0.07%
RARE	F	0.07%
UEC	A	0.07%
WU	F	0.07%
GT	C	0.07%
HGV	C	0.07%
ESRT	C	0.07%
PECO	A	0.07%
HAFC	B	0.07%
VSCO	A	0.07%
CWK	C	0.07%
GTES	A	0.07%
BDN	C	0.07%
VVX	C	0.07%
ENR	B	0.07%
SONO	C	0.07%
AVNT	B	0.07%
PRGO	C	0.07%
ZYME	C	0.07%
ROG	D	0.07%
SEM	B	0.07%
ALHC	C	0.07%
AZTA	F	0.07%
HIMS	C	0.07%
HWKN	B	0.07%
GH	B	0.07%
BROS	A	0.07%
XHR	B	0.07%
FIVN	C	0.07%
ATRC	C	0.07%
VCTR	B	0.07%
HBI	B	0.07%
CTS	C	0.07%
WRBY	A	0.07%
PI	D	0.07%
SXT	C	0.07%
CCCS	B	0.07%
NWN	A	0.07%
AZZ	A	0.07%
OUT	A	0.07%
PAR	A	0.07%
UNFI	B	0.07%
ATGE	B	0.06%
MTRN	C	0.06%
CBZ	B	0.06%
VRRM	F	0.06%
CAR	C	0.06%
FNA	B	0.06%
WT	A	0.06%
SG	B	0.06%
AAP	D	0.06%
TMCI	C	0.06%
DLX	B	0.06%
CLSK	C	0.06%
IRON	C	0.06%
PRO	C	0.06%
DCO	B	0.06%
VERA	C	0.06%
RBBN	B	0.06%
VRTS	B	0.06%
PBF	D	0.06%
SATS	C	0.06%
W	D	0.06%
MBUU	C	0.06%
PTCT	C	0.06%
PLAY	D	0.06%
AXSM	B	0.06%
MOV	D	0.06%
AGIO	C	0.06%
NRIX	C	0.06%
LXP	D	0.06%
VRNT	D	0.06%
JWN	C	0.06%
POWI	D	0.06%
CMCO	C	0.06%
TGTX	B	0.06%
TDOC	D	0.06%
EXP	B	0.06%
ATEN	A	0.06%
ROCK	D	0.06%
PNTG	D	0.06%
AIR	B	0.06%
NBTB	B	0.06%
CLNE	F	0.06%
CMP	C	0.06%
MGNI	A	0.06%
AGO	A	0.06%
CAKE	B	0.06%
RUSHB	B	0.06%
KROS	D	0.06%
FL	F	0.06%
VREX	C	0.06%
ANDE	F	0.06%
FROG	C	0.06%
SFBS	B	0.06%
PYCR	C	0.06%
VBTX	B	0.06%
PEB	F	0.06%
HELE	C	0.06%
CART	C	0.06%
BOOT	D	0.06%
SMTC	C	0.06%
PLUS	F	0.06%
NVST	C	0.06%
PPBI	B	0.06%
ACVA	A	0.06%
SM	C	0.06%
RCM	A	0.06%
ROIV	D	0.06%
FLYW	B	0.06%
IDYA	F	0.06%
HURN	B	0.06%
EYE	C	0.06%
PK	D	0.06%
ADMA	C	0.06%
CLB	C	0.06%
MNKD	B	0.06%
CCS	F	0.06%
TALO	C	0.06%
TGI	A	0.06%
BYD	B	0.06%
BKU	A	0.06%
AVDX	B	0.06%
VNOM	A	0.06%
FRSH	C	0.06%
KE	C	0.06%
ENV	B	0.06%
FUN	C	0.06%
KREF	D	0.06%
CLF	F	0.06%
MRUS	F	0.06%
MAN	F	0.06%
VRDN	D	0.06%
VERX	A	0.06%
PDM	D	0.06%
PAHC	B	0.06%
MASI	B	0.06%
UPBD	C	0.06%
CALM	A	0.06%
IBOC	B	0.06%
WD	D	0.06%
VVI	B	0.06%
FFIN	B	0.06%
COMP	B	0.06%
OII	B	0.06%
PAYO	A	0.06%
BANC	B	0.06%
CBU	B	0.06%
NARI	C	0.06%
SWTX	C	0.05%
KLG	D	0.05%
RXST	F	0.05%
EWCZ	D	0.05%
TWST	F	0.05%
HZO	F	0.05%
BNL	D	0.05%
AXL	C	0.05%
ARVN	F	0.05%
PBI	B	0.05%
NUVB	C	0.05%
THRM	F	0.05%
ZEUS	C	0.05%
ETNB	D	0.05%
HLX	C	0.05%
RYN	D	0.05%
ALRM	C	0.05%
PLOW	D	0.05%
DOCN	D	0.05%
ARKO	D	0.05%
SHC	F	0.05%
CECO	C	0.05%
ICHR	C	0.05%
FTRE	D	0.05%
INFA	D	0.05%
CPRX	C	0.05%
GERN	F	0.05%
APGE	F	0.05%
CNMD	C	0.05%
VSTS	F	0.05%
FLG	D	0.05%
ARCB	C	0.05%
CDE	C	0.05%
CLVT	D	0.05%
GOGO	C	0.05%
PSMT	D	0.05%
ACEL	C	0.05%
BASE	C	0.05%
WNC	D	0.05%
MLTX	C	0.05%
SLNO	C	0.05%
INVX	C	0.05%
PENN	C	0.05%
ASAN	C	0.05%
MLNK	C	0.05%
MODG	F	0.05%
MPW	F	0.05%
AI	B	0.05%
KSS	F	0.05%
AMBC	C	0.05%
PTGX	D	0.05%
BEAM	C	0.05%
AWR	A	0.05%
XPEL	C	0.05%
PFS	B	0.05%
PGRE	D	0.05%
EDR	A	0.05%
RUN	F	0.05%
DGII	B	0.05%
REVG	B	0.05%
PRAA	C	0.05%
HAIN	D	0.05%
INFN	D	0.05%
MRC	B	0.05%
SPR	D	0.05%
MNRO	C	0.05%
WKC	D	0.05%
SMP	C	0.05%
VITL	D	0.05%
LCID	F	0.05%
ELVN	C	0.05%
MTTR	B	0.05%
GO	C	0.05%
KYMR	C	0.05%
HAYW	B	0.05%
EMBC	D	0.05%
NEO	C	0.05%
SLVM	C	0.05%
XPRO	F	0.05%
RAMP	C	0.05%
ZUO	B	0.05%
VYX	C	0.05%
OMCL	C	0.05%
HCC	B	0.05%
MMI	B	0.05%
BGC	C	0.05%
JANX	C	0.05%
PDFS	D	0.05%
CSTL	C	0.05%
IART	C	0.05%
CC	D	0.05%
MHO	D	0.05%
PRG	C	0.05%
FFBC	B	0.05%
GEF	B	0.05%
TMDX	F	0.05%
SKY	A	0.05%
BE	A	0.05%
ADUS	D	0.05%
LIVN	D	0.05%
AORT	B	0.05%
SMPL	B	0.05%
SBH	B	0.05%
KMPR	A	0.05%
EPR	D	0.05%
MDGL	C	0.05%
ASTE	C	0.05%
CUBI	C	0.05%
ARWR	D	0.05%
KVYO	D	0.05%
LOPE	B	0.05%
UFPT	C	0.05%
RNG	C	0.05%
DNOW	B	0.05%
HLIT	D	0.05%
TNC	F	0.05%
ARQT	C	0.05%
GEF	B	0.05%
NUVL	D	0.05%
LEG	F	0.05%
YELP	C	0.05%
JBGS	F	0.05%
UAA	C	0.05%
RUSHA	B	0.05%
MXL	C	0.05%
NCNO	B	0.05%
CALX	D	0.05%
NBHC	B	0.05%
AGYS	A	0.05%
ALKT	B	0.05%
PD	C	0.05%
CIVI	D	0.05%
CRAI	B	0.05%
RCKT	F	0.04%
OMI	F	0.04%
FOXF	F	0.04%
CLW	F	0.04%
HPP	F	0.04%
FORM	F	0.04%
BKD	F	0.04%
CAL	F	0.04%
HOUS	D	0.04%
GPRE	F	0.04%
FLGT	F	0.04%
NEP	F	0.04%
KURA	F	0.04%
XRX	F	0.04%
CRI	F	0.04%
QS	D	0.04%
PRTA	F	0.04%
NTLA	F	0.04%
PGNY	F	0.04%
CLDX	F	0.04%
EGY	F	0.04%
ESTA	F	0.04%
SPT	C	0.04%
JAMF	F	0.04%
ARCT	F	0.04%
CXM	C	0.04%
TNDM	F	0.04%
CGEM	F	0.04%
COUR	F	0.04%
SAVA	C	0.04%
LESL	C	0.04%
SIBN	F	0.04%
SNDX	F	0.04%
MLKN	F	0.04%
IMVT	F	0.04%
RCUS	F	0.04%
NABL	F	0.04%
MTUS	D	0.04%
AMN	F	0.04%
OSCR	C	0.04%
AMC	D	0.04%
PLUG	F	0.04%
DYN	F	0.04%
PLRX	D	0.04%
HL	C	0.04%
DK	D	0.04%
QDEL	F	0.04%
ARLO	C	0.04%
ALEC	F	0.04%
PTEN	C	0.04%
NVCR	D	0.04%
MEI	F	0.04%
IVR	D	0.04%
BRZE	C	0.04%
LGF.A	F	0.04%
CWT	C	0.04%
THS	F	0.04%
UCB	A	0.04%
KRYS	C	0.04%
RXRX	D	0.04%
GRBK	D	0.04%
TROX	D	0.04%
COGT	D	0.04%
RKT	F	0.04%
AHH	D	0.04%
EPC	F	0.04%
NEOG	D	0.04%
NVAX	F	0.03%
ANAB	F	0.03%
WOLF	F	0.03%
MEG	F	0.03%
TXG	F	0.03%
SITC	D	0.03%
CNXC	F	0.03%
CDNA	D	0.03%
SVRA	F	0.03%
PHAT	F	0.03%
CRMT	F	0.03%
CCRN	F	0.03%
CPRI	F	0.03%
MYGN	F	0.03%
ETWO	F	0.03%
BRY	F	0.03%
MQ	F	0.03%
STAA	F	0.03%
JELD	F	0.03%
KELYA	F	0.03%
AGL	F	0.02%
MC	B	0.02%
NOVA	F	0.02%
VSAT	F	0.02%
DEI	B	0.02%
SEDG	F	0.02%
ASPN	F	0.02%
GDOT	D	0.01%
MAGN	F	0.01%

ESML Underweight 337 Positions Relative to CVMC

Symbol	Grade	Weight
ADSK	B	-0.64%
FTNT	B	-0.59%
FICO	B	-0.57%
APP	A	-0.55%
URI	B	-0.55%
TTD	B	-0.55%
BK	B	-0.55%
AMP	A	-0.54%
CMI	A	-0.5%
GWW	B	-0.5%
ALL	A	-0.5%
VRT	A	-0.48%
PWR	A	-0.48%
AXON	A	-0.48%
FIS	C	-0.48%
SQ	A	-0.47%
D	C	-0.47%
PAYX	B	-0.47%
AME	A	-0.46%
DAL	A	-0.46%
MSCI	B	-0.46%
FAST	B	-0.45%
BKR	B	-0.45%
PRU	B	-0.44%
KR	B	-0.44%
CCI	C	-0.44%
PEG	C	-0.44%
IR	B	-0.43%
KVUE	A	-0.43%
ODFL	B	-0.43%
LEN	D	-0.42%
IT	C	-0.42%
VRSK	B	-0.42%
CBRE	B	-0.42%
DFS	B	-0.42%
KMB	C	-0.42%
CTSH	C	-0.41%
OTIS	C	-0.41%
SNOW	C	-0.41%
YUM	D	-0.4%
VMC	B	-0.4%
DDOG	A	-0.4%
TEAM	A	-0.4%
XEL	A	-0.4%
EA	A	-0.4%
CHTR	B	-0.39%
EXC	C	-0.39%
GLW	B	-0.38%
SYY	D	-0.38%
A	F	-0.38%
IQV	F	-0.37%
GEHC	D	-0.37%
GIS	F	-0.37%
WAB	B	-0.37%
NUE	D	-0.36%
HPQ	B	-0.36%
ALNY	D	-0.35%
VEEV	C	-0.35%
ROK	B	-0.35%
RMD	C	-0.35%
HUBS	B	-0.35%
IDXX	F	-0.35%
ACGL	D	-0.35%
EXR	C	-0.35%
LULU	C	-0.34%
IRM	C	-0.34%
HUM	D	-0.34%
AVB	B	-0.34%
ED	C	-0.34%
MTB	A	-0.34%
CSGP	F	-0.33%
WEC	A	-0.33%
HIG	B	-0.33%
EFX	F	-0.33%
FITB	B	-0.31%
WTW	B	-0.31%
PPG	F	-0.31%
CNC	F	-0.31%
DOV	B	-0.31%
XYL	D	-0.31%
NVR	D	-0.31%
NDAQ	A	-0.31%
HEI	A	-0.31%
EQR	C	-0.3%
TTWO	A	-0.3%
KHC	F	-0.3%
ARES	A	-0.3%
ANSS	B	-0.3%
HSY	F	-0.29%
RJF	A	-0.29%
EBAY	D	-0.29%
SW	A	-0.29%
BRO	B	-0.29%
VTR	B	-0.29%
ON	F	-0.29%
KEYS	C	-0.29%
PHM	D	-0.29%
FTV	D	-0.29%
DTE	C	-0.28%
MTD	F	-0.28%
NET	B	-0.28%
AWK	C	-0.28%
HPE	B	-0.28%
TSCO	D	-0.28%
WST	D	-0.27%
TYL	B	-0.27%
AEE	A	-0.27%
HUBB	B	-0.27%
MPWR	F	-0.27%
BR	B	-0.27%
STT	B	-0.27%
RBLX	B	-0.27%
DECK	A	-0.26%
EME	A	-0.26%
BIIB	F	-0.26%
SBAC	D	-0.26%
WBD	B	-0.26%
ILMN	C	-0.25%
ES	C	-0.25%
CDW	F	-0.25%
SYF	B	-0.25%
NTAP	C	-0.25%
CSL	C	-0.25%
STLD	B	-0.25%
VLTO	C	-0.25%
CHD	A	-0.25%
FCNCA	A	-0.25%
TDY	B	-0.25%
TROW	B	-0.25%
STE	D	-0.24%
PKG	B	-0.24%
ZBH	C	-0.24%
WAT	C	-0.24%
HBAN	B	-0.24%
CMS	C	-0.23%
LYV	A	-0.23%
LII	A	-0.23%
LPLA	A	-0.23%
OMC	C	-0.23%
K	B	-0.23%
RF	A	-0.23%
PTC	B	-0.23%
IFF	D	-0.23%
DRI	C	-0.22%
ESS	A	-0.22%
TRU	D	-0.22%
LH	B	-0.22%
MKC	D	-0.22%
RS	B	-0.22%
WDC	F	-0.22%
ZM	B	-0.22%
CINF	A	-0.22%
BAH	D	-0.22%
OC	A	-0.22%
MAA	A	-0.21%
ZBRA	B	-0.21%
NRG	B	-0.21%
STX	D	-0.21%
ARE	F	-0.21%
WSO	A	-0.21%
EXPD	D	-0.21%
FDS	B	-0.21%
MDB	C	-0.21%
SNA	B	-0.21%
BALL	D	-0.21%
CLX	A	-0.2%
TRMB	B	-0.2%
PODD	B	-0.2%
ZS	B	-0.2%
IEX	B	-0.2%
WY	D	-0.2%
PNR	B	-0.2%
CBOE	C	-0.2%
CFG	B	-0.2%
JBHT	C	-0.2%
NTRS	A	-0.2%
DGX	A	-0.19%
PFG	C	-0.19%
MOH	F	-0.19%
HOLX	D	-0.19%
BAX	F	-0.18%
TER	F	-0.18%
FSLR	F	-0.18%
PINS	F	-0.18%
CHRW	B	-0.18%
NI	A	-0.18%
AVY	D	-0.18%
KIM	A	-0.18%
UTHR	C	-0.18%
DPZ	C	-0.17%
DOC	D	-0.17%
DOCU	B	-0.17%
AMCR	D	-0.17%
ALGN	D	-0.17%
GGG	B	-0.17%
LNT	A	-0.17%
SUI	C	-0.17%
ULTA	F	-0.17%
GEN	B	-0.17%
WRB	B	-0.17%
BBY	D	-0.17%
TWLO	A	-0.17%
APTV	F	-0.17%
MANH	D	-0.17%
KEY	B	-0.17%
RVTY	D	-0.16%
ENTG	F	-0.16%
PSTG	F	-0.16%
NDSN	D	-0.16%
EVRG	A	-0.16%
ACM	B	-0.16%
DG	F	-0.16%
INCY	C	-0.16%
TOST	A	-0.16%
SSNC	C	-0.16%
BURL	A	-0.16%
GPC	F	-0.16%
VRSN	F	-0.16%
MAS	D	-0.16%
UDR	C	-0.16%
ROL	B	-0.16%
EQH	B	-0.15%
REG	A	-0.15%
SWK	F	-0.15%
WSM	D	-0.15%
EG	D	-0.15%
AVTR	F	-0.15%
Z	A	-0.15%
AKAM	F	-0.14%
HST	D	-0.14%
SWKS	F	-0.14%
EPAM	C	-0.14%
BXP	D	-0.14%
ALLE	D	-0.14%
PFGC	B	-0.14%
CPT	C	-0.14%
CAG	F	-0.14%
EL	F	-0.14%
ELS	B	-0.14%
DT	C	-0.14%
FFIV	B	-0.14%
TW	A	-0.14%
JBL	C	-0.14%
SJM	D	-0.13%
AAL	B	-0.13%
POOL	D	-0.13%
OKTA	D	-0.13%
JNPR	D	-0.13%
JKHY	D	-0.13%
NBIX	C	-0.13%
WPC	C	-0.13%
EMN	D	-0.13%
BG	D	-0.13%
DLTR	F	-0.13%
BMRN	F	-0.13%
KMX	C	-0.12%
PAYC	B	-0.12%
WTRG	B	-0.12%
DAY	B	-0.12%
KNX	B	-0.12%
LW	C	-0.12%
CCK	D	-0.12%
IPG	F	-0.12%
TECH	F	-0.12%
LAMR	D	-0.12%
DKS	D	-0.11%
EXEL	B	-0.11%
RPRX	F	-0.11%
ALV	C	-0.11%
CRL	D	-0.11%
MKTX	D	-0.11%
AES	F	-0.11%
MLI	B	-0.11%
CTLT	D	-0.11%
SNAP	D	-0.11%
CPB	D	-0.1%
MOS	D	-0.1%
HRL	D	-0.1%
TTC	F	-0.1%
ALLY	C	-0.1%
LKQ	F	-0.1%
ROKU	D	-0.1%
TFX	F	-0.1%
CNH	C	-0.1%
DOX	D	-0.1%
AFG	A	-0.1%
AOS	F	-0.1%
EXAS	D	-0.1%
CG	B	-0.1%
RIVN	F	-0.1%
NNN	C	-0.09%
FBIN	F	-0.09%
HSIC	C	-0.09%
CE	F	-0.09%
SMCI	F	-0.09%
HLI	B	-0.09%
UFPI	C	-0.08%
G	B	-0.08%
SKX	F	-0.08%
H	B	-0.08%
PARA	D	-0.08%
HLNE	A	-0.08%
ESAB	C	-0.08%
MIDD	D	-0.08%
SEIC	B	-0.08%
ACI	C	-0.08%
DVA	C	-0.08%
SAIC	F	-0.07%
KRG	A	-0.07%
CWST	A	-0.07%
IDA	A	-0.07%
PB	A	-0.07%
STAG	D	-0.07%
ENPH	F	-0.07%
BIO	C	-0.07%
HOMB	A	-0.06%
QLYS	C	-0.06%
FNB	B	-0.06%
BEN	C	-0.06%
QRVO	F	-0.06%
BBWI	C	-0.06%
BCO	F	-0.05%
CELH	F	-0.05%
WMG	C	-0.05%
SLGN	A	-0.05%
POR	C	-0.05%
TPG	A	-0.05%
TKR	F	-0.05%
MSM	D	-0.04%
LANC	D	-0.04%
EEFT	C	-0.04%
COTY	F	-0.03%
ALGM	F	-0.03%
CACC	F	-0.03%
AGR	A	-0.03%
BOKF	B	-0.03%
PAG	B	-0.03%