ESML vs. IJS ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to iShares S&P SmallCap 600 Value ETF (IJS)

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

$45.22

Average Daily Volume

89,295

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

IJS

iShares S&P SmallCap 600 Value ETF

IJS Description

The investment seeks to track the investment results of an index composed of small-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P SmallCap 600Â® Value Index (the "underlying index"), which measures the performance of the small-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$115.66

Average Daily Volume

239,551

Number of Holdings ^*

459

* may have additional holdings in another (foreign) market

Performance

Period	ESML	IJS
30 Days	8.75%	9.12%
60 Days	8.59%	8.01%
90 Days	9.69%	8.44%
12 Months	34.45%	29.93%

241 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in IJS	Overlap
AAP	C	0.05%	0.31%	0.05%
AAT	B	0.07%	0.18%	0.07%
ABCB	B	0.11%	0.63%	0.11%
ABG	B	0.12%	0.37%	0.12%
ABM	B	0.09%	0.48%	0.09%
ACA	A	0.14%	0.28%	0.14%
ACIW	B	0.16%	0.29%	0.16%
ADUS	D	0.05%	0.17%	0.05%
AEIS	B	0.16%	0.22%	0.16%
AGO	B	0.06%	0.25%	0.06%
AHH	D	0.04%	0.06%	0.04%
AIR	B	0.06%	0.09%	0.06%
AL	B	0.1%	0.55%	0.1%
ALK	C	0.23%	0.95%	0.23%
ALKS	B	0.09%	0.23%	0.09%
AMN	F	0.04%	0.06%	0.04%
AMWD	C	0.07%	0.09%	0.07%
ANDE	D	0.06%	0.1%	0.06%
AORT	B	0.05%	0.06%	0.05%
APAM	B	0.1%	0.2%	0.1%
ASTE	B	0.05%	0.12%	0.05%
ATEN	B	0.06%	0.09%	0.06%
AUB	B	0.11%	0.53%	0.11%
AVA	A	0.19%	0.41%	0.19%
AWR	B	0.05%	0.21%	0.05%
AXL	C	0.05%	0.1%	0.05%
BANC	A	0.06%	0.31%	0.06%
BANR	B	0.17%	0.36%	0.17%
BCPC	B	0.13%	0.35%	0.13%
BDN	C	0.07%	0.12%	0.07%
BGC	C	0.05%	0.2%	0.05%
BHE	B	0.16%	0.24%	0.16%
BHLB	B	0.2%	0.0%	0.0%
BKU	A	0.06%	0.43%	0.06%
BL	B	0.08%	0.14%	0.08%
BOH	B	0.08%	0.26%	0.08%
BOX	B	0.13%	0.26%	0.13%
BRC	D	0.09%	0.16%	0.09%
BXMT	C	0.08%	0.43%	0.08%
CABO	C	0.13%	0.25%	0.13%
CAKE	C	0.05%	0.17%	0.05%
CAL	D	0.04%	0.15%	0.04%
CALX	D	0.06%	0.12%	0.06%
CBU	B	0.06%	0.51%	0.06%
CCS	D	0.06%	0.16%	0.06%
CLB	B	0.06%	0.07%	0.06%
CMA	A	0.2%	1.27%	0.2%
COOP	B	0.05%	0.86%	0.05%
CPF	A	0.15%	0.12%	0.12%
CPK	A	0.13%	0.22%	0.13%
CSGS	B	0.11%	0.11%	0.11%
CTS	C	0.07%	0.1%	0.07%
CURB	D	0.09%	0.16%	0.09%
CVBF	A	0.12%	0.41%	0.12%
CWEN	C	0.05%	0.32%	0.05%
CWEN	C	0.05%	0.12%	0.05%
CWEN	C	0.07%	0.12%	0.07%
CWEN	C	0.07%	0.32%	0.07%
CWK	B	0.07%	0.38%	0.07%
CWT	D	0.04%	0.25%	0.04%
CXM	C	0.04%	0.13%	0.04%
DEA	D	0.06%	0.16%	0.06%
DEI	B	0.02%	0.43%	0.02%
DGII	B	0.05%	0.16%	0.05%
DLX	B	0.05%	0.14%	0.05%
DNOW	B	0.05%	0.21%	0.05%
DOCN	D	0.05%	0.14%	0.05%
DXC	B	0.11%	0.52%	0.11%
DY	D	0.1%	0.76%	0.1%
EAT	A	0.16%	0.42%	0.16%
ECG	C	0.16%	0.4%	0.16%
ECPG	B	0.11%	0.16%	0.11%
EMBC	C	0.05%	0.12%	0.05%
ENR	B	0.08%	0.17%	0.08%
ENV	B	0.06%	0.0%	0.0%
EPAC	B	0.12%	0.12%	0.12%
EPC	D	0.04%	0.24%	0.04%
EPRT	B	0.18%	0.38%	0.18%
ETSY	D	0.1%	0.44%	0.1%
EYE	C	0.06%	0.12%	0.06%
FFBC	A	0.05%	0.39%	0.05%
FL	F	0.05%	0.27%	0.05%
FLGT	F	0.04%	0.05%	0.04%
FOXF	F	0.04%	0.12%	0.04%
FTRE	D	0.05%	0.24%	0.05%
FUL	F	0.1%	0.29%	0.1%
FULT	A	0.12%	0.54%	0.12%
GBX	A	0.06%	0.28%	0.06%
GDOT	D	0.01%	0.0%	0.0%
GO	C	0.05%	0.24%	0.05%
GOGO	C	0.05%	0.03%	0.03%
GPRE	F	0.04%	0.1%	0.04%
GTES	A	0.07%	0.0%	0.0%
GVA	A	0.09%	0.28%	0.09%
HAFC	A	0.07%	0.11%	0.07%
HAIN	C	0.06%	0.09%	0.06%
HASI	D	0.1%	0.44%	0.1%
HAYW	B	0.05%	0.32%	0.05%
HBI	B	0.07%	0.4%	0.07%
HELE	C	0.06%	0.21%	0.06%
HI	C	0.06%	0.32%	0.06%
HIMS	B	0.08%	0.51%	0.08%
HIW	D	0.13%	0.47%	0.13%
HLIT	D	0.05%	0.09%	0.05%
HNI	B	0.15%	0.14%	0.14%
HPP	F	0.03%	0.07%	0.03%
HZO	D	0.04%	0.08%	0.04%
IART	C	0.05%	0.21%	0.05%
ICHR	C	0.05%	0.14%	0.05%
ICUI	D	0.07%	0.57%	0.07%
INDB	B	0.08%	0.43%	0.08%
INSP	D	0.09%	0.18%	0.09%
INVX	C	0.05%	0.08%	0.05%
IOSP	B	0.07%	0.15%	0.07%
ITRI	B	0.19%	0.37%	0.19%
JBGS	D	0.05%	0.18%	0.05%
JBT	B	0.08%	0.21%	0.08%
JXN	C	0.14%	0.0%	0.0%
KAR	B	0.11%	0.3%	0.11%
KELYA	F	0.03%	0.06%	0.03%
KFY	B	0.09%	0.23%	0.09%
KLG	C	0.05%	0.16%	0.05%
KLIC	B	0.14%	0.13%	0.13%
KOP	C	0.08%	0.05%	0.05%
KREF	D	0.06%	0.09%	0.06%
KRYS	B	0.04%	0.2%	0.04%
KSS	F	0.04%	0.28%	0.04%
LCII	C	0.11%	0.15%	0.11%
LEG	F	0.05%	0.22%	0.05%
LESL	C	0.04%	0.08%	0.04%
LNC	B	0.09%	0.84%	0.09%
LNN	B	0.09%	0.1%	0.09%
LUMN	C	0.17%	1.21%	0.17%
LXP	D	0.06%	0.38%	0.06%
MAC	B	0.08%	0.58%	0.08%
MC	C	0.02%	0.0%	0.0%
MDU	D	0.19%	0.52%	0.19%
MLKN	D	0.04%	0.23%	0.04%
MMI	B	0.05%	0.08%	0.05%
MMSI	B	0.15%	0.34%	0.15%
MNRO	D	0.05%	0.12%	0.05%
MODG	F	0.05%	0.17%	0.05%
MPW	F	0.05%	0.36%	0.05%
MRCY	B	0.11%	0.27%	0.11%
MTUS	C	0.04%	0.03%	0.03%
MTX	B	0.12%	0.18%	0.12%
MXL	C	0.06%	0.06%	0.06%
MYGN	F	0.03%	0.1%	0.03%
NABL	F	0.04%	0.04%	0.04%
NARI	C	0.06%	0.15%	0.06%
NBHC	B	0.05%	0.26%	0.05%
NBTB	B	0.06%	0.33%	0.06%
NMIH	D	0.09%	0.14%	0.09%
NPO	A	0.14%	0.26%	0.14%
NSIT	F	0.12%	0.21%	0.12%
NWL	B	0.09%	0.51%	0.09%
NWN	A	0.08%	0.22%	0.08%
OGN	D	0.08%	0.54%	0.08%
OMCL	C	0.05%	0.29%	0.05%
OMI	F	0.04%	0.13%	0.04%
OUT	A	0.07%	0.2%	0.07%
PAHC	C	0.06%	0.07%	0.06%
PAYO	A	0.07%	0.22%	0.07%
PBI	B	0.05%	0.0%	0.0%
PDCO	D	0.13%	0.22%	0.13%
PEB	D	0.06%	0.2%	0.06%
PECO	A	0.07%	0.33%	0.07%
PENN	C	0.05%	0.43%	0.05%
PFS	B	0.05%	0.0%	0.0%
PI	D	0.07%	0.17%	0.07%
PINC	B	0.13%	0.33%	0.13%
PIPR	B	0.08%	0.38%	0.08%
PJT	A	0.1%	0.22%	0.1%
PLUS	F	0.06%	0.11%	0.06%
PLXS	B	0.17%	0.33%	0.17%
PPBI	B	0.06%	0.37%	0.06%
PRAA	C	0.04%	0.13%	0.04%
PSMT	C	0.05%	0.3%	0.05%
PTEN	C	0.04%	0.18%	0.04%
PTGX	C	0.05%	0.1%	0.05%
QDEL	F	0.04%	0.29%	0.04%
RCUS	F	0.04%	0.07%	0.04%
RDN	C	0.09%	0.33%	0.09%
REZI	A	0.23%	0.53%	0.23%
RHI	B	0.21%	1.04%	0.21%
RNST	B	0.08%	0.33%	0.08%
ROG	D	0.07%	0.08%	0.07%
RUN	F	0.05%	0.31%	0.05%
RUSHA	C	0.05%	0.29%	0.05%
RXO	C	0.1%	0.28%	0.1%
SATS	D	0.06%	0.38%	0.06%
SBH	C	0.05%	0.19%	0.05%
SCL	C	0.1%	0.22%	0.1%
SEDG	F	0.02%	0.05%	0.02%
SEE	C	0.07%	0.0%	0.0%
SEM	B	0.07%	0.55%	0.07%
SFBS	B	0.06%	0.35%	0.06%
SITC	D	0.03%	0.05%	0.03%
SJW	D	0.09%	0.13%	0.09%
SLG	B	0.1%	0.68%	0.1%
SLVM	B	0.05%	0.4%	0.05%
SMP	B	0.05%	0.09%	0.05%
SMPL	B	0.05%	0.17%	0.05%
SMTC	B	0.06%	0.25%	0.06%
SNDR	B	0.19%	0.2%	0.19%
SONO	C	0.07%	0.22%	0.07%
STAA	F	0.03%	0.07%	0.03%
STC	B	0.08%	0.29%	0.08%
SXT	B	0.07%	0.26%	0.07%
TALO	C	0.06%	0.19%	0.06%
TDS	B	0.09%	0.21%	0.09%
TGI	B	0.06%	0.19%	0.06%
TGNA	B	0.2%	0.41%	0.2%
THRM	D	0.04%	0.1%	0.04%
THS	D	0.05%	0.21%	0.05%
TILE	B	0.08%	0.2%	0.08%
TNDM	F	0.04%	0.13%	0.04%
TPH	D	0.14%	0.21%	0.14%
TRN	C	0.1%	0.21%	0.1%
UCB	A	0.04%	0.54%	0.04%
UNFI	A	0.08%	0.18%	0.08%
UNIT	B	0.09%	0.09%	0.09%
UPBD	B	0.06%	0.09%	0.06%
VBTX	B	0.06%	0.22%	0.06%
VFC	C	0.17%	0.93%	0.17%
VRTS	B	0.05%	0.08%	0.05%
VSAT	F	0.02%	0.09%	0.02%
VSCO	B	0.07%	0.4%	0.07%
VSTS	C	0.05%	0.1%	0.05%
VYX	B	0.05%	0.28%	0.05%
WD	D	0.06%	0.27%	0.06%
WERN	C	0.12%	0.34%	0.12%
WGO	C	0.11%	0.11%	0.11%
WHD	B	0.12%	0.23%	0.12%
WKC	D	0.05%	0.23%	0.05%
WNC	C	0.05%	0.12%	0.05%
WOLF	F	0.02%	0.06%	0.02%
XHR	B	0.07%	0.09%	0.07%
XRX	F	0.04%	0.13%	0.04%
ZD	C	0.08%	0.34%	0.08%
ZWS	B	0.2%	0.45%	0.2%

ESML Overweight 665 Positions Relative to IJS

Symbol	Grade	Weight
CASY	A	0.53%
USFD	A	0.5%
JHG	A	0.5%
CVNA	B	0.48%
SFM	A	0.44%
GWRE	A	0.44%
FIX	A	0.42%
INGR	B	0.4%
EWBC	A	0.4%
FTI	A	0.37%
NTNX	A	0.36%
KBR	F	0.35%
FLEX	A	0.35%
NTRA	B	0.34%
MUSA	A	0.34%
IBKR	A	0.34%
XPO	B	0.33%
JLL	D	0.33%
OGS	A	0.32%
AYI	B	0.32%
GBCI	B	0.3%
SNV	B	0.3%
DTM	B	0.3%
BWXT	B	0.3%
RGLD	C	0.3%
REXR	F	0.3%
FRT	B	0.3%
OSK	B	0.29%
ITT	A	0.29%
SUM	B	0.29%
CNX	A	0.29%
COHR	B	0.29%
BMI	B	0.29%
RGA	A	0.29%
PNFP	B	0.29%
AFRM	B	0.28%
TPR	B	0.28%
EHC	B	0.28%
SAIA	B	0.28%
R	B	0.28%
AVT	C	0.27%
SSB	B	0.27%
BJ	A	0.27%
WBS	A	0.27%
SCI	B	0.27%
SIGI	C	0.27%
FTAI	B	0.26%
TOL	B	0.26%
AXTA	A	0.26%
ALSN	B	0.26%
GPK	C	0.26%
UMBF	B	0.26%
RRC	B	0.26%
MWA	B	0.25%
UGI	A	0.25%
AAON	B	0.25%
BLD	D	0.25%
UNM	A	0.25%
IVZ	B	0.24%
PRGS	A	0.24%
ARMK	B	0.24%
SOFI	A	0.24%
MOG.A	B	0.24%
HRI	B	0.24%
AR	B	0.24%
NCLH	B	0.24%
DCI	B	0.24%
RNR	C	0.24%
WEX	D	0.24%
CBSH	A	0.23%
CNM	D	0.23%
PRI	A	0.23%
FHN	A	0.23%
EXLS	B	0.23%
WCC	B	0.23%
CW	B	0.23%
ATR	B	0.23%
AWI	A	0.23%
MTG	C	0.23%
CUZ	B	0.22%
CVLT	B	0.22%
LAD	A	0.22%
FTDR	A	0.22%
CMC	B	0.22%
NJR	A	0.22%
PLNT	A	0.21%
WTS	B	0.21%
BFAM	D	0.21%
NFG	A	0.21%
ONTO	D	0.21%
THC	D	0.21%
GNRC	B	0.21%
CDP	C	0.21%
AA	B	0.21%
GME	C	0.21%
INSM	C	0.21%
WAL	B	0.21%
FELE	B	0.21%
HOG	D	0.2%
LECO	B	0.2%
KBH	D	0.2%
FRPT	B	0.2%
BDC	B	0.2%
PCTY	B	0.2%
FBP	B	0.2%
PCVX	D	0.2%
ZION	B	0.2%
CACI	D	0.2%
EGP	F	0.2%
LSTR	D	0.2%
CR	A	0.2%
KNSL	B	0.2%
CUBE	D	0.2%
MTN	C	0.2%
OMF	A	0.2%
NVT	B	0.2%
ENSG	D	0.2%
FND	C	0.2%
WMS	D	0.2%
HHH	B	0.2%
RLI	B	0.2%
WK	B	0.2%
ENLC	A	0.19%
FCN	D	0.19%
WING	D	0.19%
GPI	A	0.19%
DAR	C	0.19%
LNW	D	0.19%
DUOL	A	0.19%
OHI	C	0.19%
WWD	B	0.19%
WHR	B	0.19%
AXS	A	0.19%
RHP	B	0.19%
PR	B	0.19%
KNTK	B	0.19%
CNO	A	0.19%
PCOR	B	0.18%
SRPT	D	0.18%
ESTC	C	0.18%
MORN	B	0.18%
BERY	B	0.18%
MOD	A	0.18%
THG	A	0.18%
GATX	A	0.18%
MTZ	B	0.18%
HRB	D	0.18%
CIEN	B	0.18%
ONB	B	0.18%
GKOS	B	0.18%
HAS	D	0.18%
AMG	B	0.18%
TKO	B	0.18%
NOVT	D	0.18%
SPXC	A	0.18%
TMHC	B	0.17%
PCH	D	0.17%
UBSI	B	0.17%
CHX	C	0.17%
LAZ	B	0.17%
MSA	D	0.17%
DLB	B	0.17%
ASB	B	0.17%
HQY	B	0.17%
BWA	D	0.17%
NYT	C	0.17%
LPX	B	0.17%
WSC	D	0.17%
PEN	B	0.17%
SF	B	0.17%
PVH	C	0.16%
WFRD	D	0.16%
CRS	A	0.16%
TNL	A	0.16%
BCC	B	0.16%
FAF	A	0.16%
MTH	D	0.16%
SITE	D	0.16%
BRX	A	0.16%
VOYA	B	0.16%
JAZZ	B	0.16%
GXO	B	0.16%
GTLB	B	0.16%
SPSC	C	0.16%
FLS	B	0.16%
SLM	A	0.16%
PRIM	A	0.15%
SR	A	0.15%
BILL	A	0.15%
CRUS	D	0.15%
VNT	B	0.15%
ATI	D	0.15%
MEDP	D	0.15%
CROX	D	0.15%
ITCI	C	0.15%
KTB	B	0.15%
X	C	0.15%
FMC	D	0.15%
RKLB	B	0.15%
FIBK	A	0.15%
RRX	B	0.15%
NOV	C	0.15%
VVV	F	0.15%
FN	D	0.15%
MYRG	B	0.15%
FSS	B	0.15%
RGEN	D	0.15%
ELAN	D	0.15%
CFLT	B	0.15%
AM	A	0.15%
TTEK	F	0.15%
DBX	B	0.15%
LSCC	D	0.15%
OZK	B	0.14%
CHE	D	0.14%
CHDN	B	0.14%
KNF	A	0.14%
CZR	F	0.14%
ESI	A	0.14%
AZEK	A	0.14%
SMAR	A	0.14%
STRL	B	0.14%
RYAN	B	0.14%
AGCO	D	0.14%
IBCP	B	0.14%
ALTR	B	0.14%
TPX	B	0.14%
GTLS	B	0.14%
MKSI	C	0.14%
RMBS	C	0.14%
IDCC	A	0.14%
CADE	B	0.14%
WH	B	0.14%
BECN	B	0.14%
ANF	C	0.14%
VLY	B	0.14%
QTWO	A	0.13%
AIT	A	0.13%
CBT	C	0.13%
FYBR	D	0.13%
BRKR	D	0.13%
MUR	D	0.13%
COLB	A	0.13%
LFUS	F	0.13%
ITGR	B	0.13%
ASGN	F	0.13%
HESM	B	0.13%
ELF	C	0.13%
VMI	B	0.13%
SWX	B	0.13%
ORI	A	0.13%
CAVA	B	0.13%
HXL	D	0.13%
LRN	A	0.13%
CRDO	B	0.13%
WTM	A	0.13%
YETI	C	0.12%
HAE	C	0.12%
RDUS	C	0.12%
AGNC	D	0.12%
DFIN	D	0.12%
KD	B	0.12%
AVAV	D	0.12%
EVR	B	0.12%
M	D	0.12%
GL	B	0.12%
GAP	C	0.12%
BLKB	B	0.12%
ADT	C	0.12%
THO	B	0.12%
S	B	0.12%
MAT	D	0.12%
CRNX	C	0.11%
MARA	C	0.11%
ORA	B	0.11%
KRC	C	0.11%
AROC	B	0.11%
SHOO	D	0.11%
LBRDA	C	0.11%
WDFC	B	0.11%
JEF	A	0.11%
FLR	B	0.11%
CCOI	B	0.11%
SON	D	0.11%
LNTH	D	0.11%
IRDM	D	0.11%
GMED	A	0.11%
OLLI	D	0.11%
APPF	B	0.11%
EFSC	B	0.11%
CYTK	F	0.11%
PATH	C	0.11%
ADC	B	0.11%
KOS	F	0.11%
RVMD	C	0.1%
VECO	F	0.1%
HCP	B	0.1%
TDC	D	0.1%
TENB	C	0.1%
CAC	B	0.1%
FIVE	F	0.1%
LYFT	C	0.1%
SSD	D	0.1%
DV	C	0.1%
CGNX	C	0.1%
TRNO	F	0.1%
STWD	C	0.1%
TXRH	C	0.1%
U	C	0.1%
AMAL	B	0.1%
LITE	B	0.1%
PSN	D	0.1%
FA	C	0.1%
RDNT	B	0.1%
BRBR	A	0.1%
CRC	B	0.1%
XENE	D	0.1%
LEA	D	0.1%
VKTX	F	0.1%
ALTM	C	0.1%
PFSI	D	0.1%
SIG	B	0.1%
DRS	B	0.1%
PEGA	A	0.1%
DNLI	D	0.09%
AVPT	A	0.09%
CNK	B	0.09%
ZI	D	0.09%
MGRC	B	0.09%
ARW	D	0.09%
SLAB	D	0.09%
PLMR	B	0.09%
RL	B	0.09%
CHWY	B	0.09%
FR	C	0.09%
HWC	B	0.09%
MIR	A	0.09%
POWL	C	0.09%
OPCH	D	0.09%
POST	C	0.09%
UPST	B	0.09%
PRCT	B	0.09%
NXST	C	0.09%
MTSI	B	0.09%
ACHC	F	0.09%
VC	D	0.09%
BHVN	D	0.09%
IMAX	B	0.09%
NXT	C	0.09%
BE	B	0.09%
IBP	D	0.09%
ESE	B	0.09%
CFR	B	0.09%
HALO	F	0.09%
CRVL	A	0.09%
OLED	D	0.08%
CRSP	D	0.08%
UEC	B	0.08%
CCCS	B	0.08%
SASR	B	0.08%
PRVA	B	0.08%
AEO	F	0.08%
BPMC	C	0.08%
VCTR	B	0.08%
DOCS	C	0.08%
SNX	C	0.08%
TBBK	B	0.08%
IESC	B	0.08%
BROS	B	0.08%
PRKS	C	0.08%
KTOS	B	0.08%
ERII	D	0.08%
BPOP	B	0.08%
WRBY	B	0.08%
PAR	B	0.08%
VAC	B	0.08%
ALG	B	0.08%
LBPH	A	0.08%
PLYA	B	0.08%
TEX	D	0.08%
TARS	B	0.08%
INTA	A	0.08%
NTGR	B	0.08%
ENOV	C	0.08%
HR	C	0.08%
AUR	C	0.08%
AZZ	B	0.08%
VNO	B	0.08%
WEN	D	0.08%
AMED	F	0.08%
ATKR	C	0.08%
BWIN	D	0.08%
SHAK	C	0.08%
TDOC	C	0.07%
ICFI	F	0.07%
OII	B	0.07%
GT	C	0.07%
MASI	A	0.07%
CALM	A	0.07%
SKT	B	0.07%
TREX	C	0.07%
SG	B	0.07%
RH	B	0.07%
VERX	B	0.07%
ESNT	D	0.07%
MHK	D	0.07%
AVNT	B	0.07%
WU	D	0.07%
ESRT	C	0.07%
PRGO	B	0.07%
FOUR	B	0.07%
VVX	C	0.07%
FIVN	C	0.07%
VREX	C	0.07%
CMP	C	0.07%
ACLX	C	0.07%
GH	B	0.07%
HWKN	B	0.07%
BC	C	0.07%
ATRC	C	0.07%
EE	A	0.07%
RNA	D	0.07%
ST	F	0.07%
WTFC	A	0.07%
SPB	C	0.07%
EWTX	C	0.07%
AZTA	D	0.07%
AN	C	0.07%
EVRI	A	0.07%
VSEC	C	0.07%
SBRA	C	0.07%
TNET	D	0.07%
MRUS	F	0.06%
CBZ	B	0.06%
CMCO	B	0.06%
PRO	C	0.06%
CC	C	0.06%
AGIO	C	0.06%
AXSM	B	0.06%
PTCT	B	0.06%
MBUU	C	0.06%
HCC	B	0.06%
POWI	D	0.06%
CLH	B	0.06%
VRDN	D	0.06%
MGNI	A	0.06%
COLD	D	0.06%
ALKT	B	0.06%
ATGE	B	0.06%
TMCI	D	0.06%
WT	B	0.06%
PBF	D	0.06%
MDGL	B	0.06%
EXP	A	0.06%
RUSHB	B	0.06%
COKE	C	0.06%
ZYME	C	0.06%
IRON	B	0.06%
CHH	A	0.06%
PYCR	C	0.06%
FROG	C	0.06%
FNA	C	0.06%
CWAN	B	0.06%
AGYS	A	0.06%
CART	C	0.06%
MNKD	C	0.06%
VRNS	D	0.06%
BYD	C	0.06%
HURN	B	0.06%
PK	B	0.06%
MAN	D	0.06%
FUN	C	0.06%
ROIV	C	0.06%
BOOT	D	0.06%
VVI	C	0.06%
SM	B	0.06%
W	F	0.06%
KE	C	0.06%
APG	B	0.06%
AVDX	B	0.06%
PDM	D	0.06%
FRSH	C	0.06%
IBOC	A	0.06%
FLYW	C	0.06%
NVST	B	0.06%
TGTX	B	0.06%
RARE	D	0.06%
FFIN	B	0.06%
OWL	A	0.06%
ADMA	B	0.06%
LBRDK	C	0.06%
ACVA	B	0.06%
CLF	F	0.06%
COLM	B	0.06%
HGV	B	0.06%
COMP	B	0.06%
AI	B	0.06%
ALHC	C	0.06%
VNOM	A	0.06%
LGF.A	C	0.05%
ARVN	D	0.05%
BNL	D	0.05%
RXST	F	0.05%
PLOW	D	0.05%
CPRX	C	0.05%
PGRE	F	0.05%
NRIX	D	0.05%
ARCB	C	0.05%
RYN	D	0.05%
ALRM	C	0.05%
ACEL	C	0.05%
TMDX	F	0.05%
JANX	C	0.05%
MLTX	B	0.05%
FLG	C	0.05%
ZEUS	C	0.05%
MLNK	B	0.05%
TWST	D	0.05%
CNMD	C	0.05%
KYMR	D	0.05%
XPEL	C	0.05%
PLAY	D	0.05%
SLNO	B	0.05%
CSTL	D	0.05%
TROX	D	0.05%
SAVA	D	0.05%
ARKO	C	0.05%
REVG	B	0.05%
INFA	D	0.05%
HLX	B	0.05%
ASAN	C	0.05%
NEO	C	0.05%
INFN	C	0.05%
AMBC	C	0.05%
XRAY	F	0.05%
LCID	F	0.05%
UAA	C	0.05%
EDR	A	0.05%
PRG	C	0.05%
RNG	B	0.05%
MTTR	B	0.05%
CDE	D	0.05%
CLSK	C	0.05%
ZUO	B	0.05%
GERN	D	0.05%
PDFS	C	0.05%
ELVN	D	0.05%
KROS	D	0.05%
LIVN	F	0.05%
MRC	B	0.05%
SPR	D	0.05%
CAR	C	0.05%
LOPE	B	0.05%
YELP	C	0.05%
UFPT	B	0.05%
XPRO	F	0.05%
MHO	D	0.05%
KVYO	C	0.05%
BASE	C	0.05%
CUBI	C	0.05%
MTRN	C	0.05%
DCO	C	0.05%
VERA	B	0.05%
EPR	D	0.05%
NCNO	B	0.05%
KMPR	B	0.05%
TNC	D	0.05%
GEF	A	0.05%
SKY	A	0.05%
IDYA	F	0.05%
CLNE	D	0.05%
VRNT	C	0.05%
RBBN	C	0.05%
EXPO	D	0.05%
PNTG	D	0.05%
VRRM	D	0.05%
CECO	A	0.05%
CRAI	B	0.05%
JWN	C	0.05%
CLVT	F	0.05%
RAMP	C	0.05%
VITL	D	0.05%
MOV	C	0.05%
ROCK	C	0.05%
ARQT	C	0.05%
PD	C	0.05%
CIVI	D	0.05%
NUVL	D	0.05%
GEF	A	0.05%
NEP	F	0.04%
BKD	D	0.04%
ARCT	F	0.04%
RXRX	F	0.04%
JAMF	F	0.04%
CRI	D	0.04%
SNDX	F	0.04%
FORM	D	0.04%
MMS	F	0.04%
CLW	F	0.04%
PENG	D	0.04%
IMVT	F	0.04%
COUR	F	0.04%
SHC	F	0.04%
CLDX	F	0.04%
EGY	D	0.04%
QS	F	0.04%
SIBN	F	0.04%
APGE	F	0.04%
HOUS	D	0.04%
PLUG	F	0.04%
SPT	C	0.04%
PGNY	F	0.04%
BBIO	F	0.04%
DK	C	0.04%
AMC	C	0.04%
COGT	D	0.04%
DYN	F	0.04%
ASH	D	0.04%
IONS	F	0.04%
PLRX	F	0.04%
NUVB	C	0.04%
IVR	F	0.04%
EWCZ	F	0.04%
MEI	D	0.04%
HL	D	0.04%
GRBK	D	0.04%
OSCR	D	0.04%
FLO	D	0.04%
ETNB	C	0.04%
ESTA	D	0.04%
BEAM	D	0.04%
RKT	F	0.04%
NVCR	C	0.04%
NEOG	F	0.04%
SWTX	C	0.04%
ARLO	C	0.04%
LEVI	F	0.04%
BRZE	C	0.04%
ARWR	F	0.04%
MEG	F	0.03%
ANAB	F	0.03%
TXG	F	0.03%
NVAX	F	0.03%
CNXC	F	0.03%
RCKT	F	0.03%
CGEM	F	0.03%
CPRI	F	0.03%
CDNA	D	0.03%
BRY	F	0.03%
APLS	D	0.03%
ETWO	F	0.03%
ALEC	F	0.03%
SVRA	D	0.03%
CRMT	C	0.03%
PHAT	F	0.03%
CCRN	F	0.03%
PRTA	F	0.03%
MQ	F	0.03%
NTLA	F	0.03%
JELD	F	0.03%
AGL	F	0.02%
NOVA	F	0.02%
ASPN	F	0.02%
KURA	F	0.02%
MAGN	F	0.01%

ESML Underweight 220 Positions Relative to IJS

Symbol	Grade	Weight
BBWI	D	-0.98%
SANM	B	-0.58%
GEO	B	-0.5%
ASO	F	-0.48%
FHB	A	-0.48%
GNW	A	-0.44%
HUBG	A	-0.43%
SFNC	B	-0.43%
WAFD	B	-0.42%
STEP	B	-0.4%
VIRT	B	-0.4%
SNEX	B	-0.38%
ABR	C	-0.38%
ENVA	B	-0.37%
VSTO	A	-0.36%
AKR	B	-0.36%
SBCF	A	-0.35%
CXW	B	-0.33%
TRMK	B	-0.33%
TTMI	B	-0.33%
PHIN	A	-0.32%
IBTX	B	-0.32%
KMT	B	-0.31%
ROIC	A	-0.31%
B	B	-0.3%
NATL	B	-0.3%
MBC	D	-0.3%
VIAV	B	-0.3%
SKYW	B	-0.29%
JBLU	F	-0.29%
CRGY	B	-0.29%
WLY	B	-0.29%
PBH	A	-0.29%
IAC	D	-0.28%
OI	C	-0.28%
LGND	B	-0.28%
MCY	A	-0.27%
FBK	B	-0.27%
BTU	B	-0.26%
WSFS	A	-0.26%
CTRE	D	-0.26%
FBNC	A	-0.26%
HMN	B	-0.24%
MGEE	C	-0.24%
ADNT	F	-0.24%
WWW	B	-0.24%
UNF	B	-0.24%
HOPE	B	-0.23%
CENTA	C	-0.23%
PRK	B	-0.23%
NGVT	B	-0.23%
CORT	B	-0.23%
NTCT	C	-0.22%
AX	A	-0.22%
SITM	B	-0.21%
UCTT	D	-0.21%
HP	B	-0.21%
STEL	A	-0.2%
CHEF	A	-0.2%
ELME	D	-0.2%
GNL	F	-0.2%
FCPT	C	-0.2%
HTH	B	-0.2%
UVV	B	-0.19%
EIG	B	-0.19%
MP	B	-0.19%
CNS	B	-0.19%
STRA	C	-0.19%
ALEX	C	-0.19%
SAFT	C	-0.18%
KW	B	-0.18%
KALU	C	-0.18%
AIN	C	-0.18%
IIPR	D	-0.18%
GIII	D	-0.17%
MD	B	-0.17%
QNST	B	-0.16%
FDP	B	-0.16%
PMT	D	-0.16%
ALGT	B	-0.16%
UE	C	-0.16%
DORM	B	-0.16%
NVEE	F	-0.16%
SUPN	C	-0.16%
RC	D	-0.16%
CENX	B	-0.16%
NAVI	C	-0.16%
DCOM	A	-0.16%
FBRT	C	-0.15%
DAN	D	-0.15%
CBRL	C	-0.15%
BRKL	B	-0.15%
SCSC	B	-0.15%
KWR	C	-0.15%
CSR	B	-0.15%
APOG	B	-0.14%
LKFN	B	-0.14%
NXRT	B	-0.14%
AHCO	F	-0.14%
SXC	A	-0.14%
FCF	A	-0.14%
HFWA	B	-0.13%
BANF	B	-0.13%
HSII	B	-0.13%
TRUP	B	-0.13%
SAFE	D	-0.13%
ARCH	B	-0.13%
SAH	A	-0.13%
TMP	B	-0.13%
KN	B	-0.13%
LTC	B	-0.13%
DIOD	D	-0.13%
GFF	A	-0.13%
LZB	B	-0.12%
BJRI	B	-0.12%
HCSG	C	-0.12%
ODP	F	-0.12%
LGIH	D	-0.12%
AVNS	F	-0.12%
CNXN	C	-0.12%
EGBN	B	-0.12%
PRA	C	-0.12%
VRE	B	-0.12%
DXPE	B	-0.12%
GTY	B	-0.12%
VTOL	B	-0.12%
ADEA	D	-0.11%
PCRX	C	-0.11%
YOU	D	-0.11%
ASIX	A	-0.11%
EXTR	B	-0.11%
PZZA	D	-0.11%
NHC	C	-0.11%
CFFN	B	-0.11%
SABR	C	-0.1%
COHU	C	-0.1%
XNCR	B	-0.1%
TRST	A	-0.1%
HRMY	D	-0.1%
VIR	D	-0.1%
SPTN	D	-0.09%
USPH	B	-0.09%
SBSI	B	-0.09%
SCHL	D	-0.09%
EZPW	A	-0.09%
SCVL	F	-0.09%
AMSF	B	-0.09%
CTKB	C	-0.09%
MSEX	B	-0.09%
MATV	D	-0.09%
RGR	F	-0.09%
NBR	C	-0.09%
FWRD	D	-0.09%
AOSL	C	-0.09%
UFCS	B	-0.08%
NVRI	F	-0.08%
BKE	B	-0.08%
MLAB	D	-0.08%
VICR	B	-0.08%
WABC	B	-0.08%
CRK	B	-0.08%
PUMP	B	-0.08%
THRY	F	-0.07%
BGS	F	-0.07%
HTZ	C	-0.07%
BLMN	F	-0.07%
FIZZ	C	-0.07%
MRTN	C	-0.07%
INVA	D	-0.07%
UTL	B	-0.07%
SWI	B	-0.06%
MCW	B	-0.06%
VTLE	C	-0.06%
NX	C	-0.06%
ARI	C	-0.06%
USNA	C	-0.06%
PLAB	C	-0.06%
SVC	F	-0.06%
SDGR	C	-0.06%
CERT	F	-0.06%
WS	B	-0.06%
BSIG	A	-0.05%
PRLB	A	-0.05%
INN	D	-0.05%
HAYN	C	-0.05%
TWI	F	-0.05%
CNSL	C	-0.05%
CENT	C	-0.05%
JBSS	D	-0.05%
HSTM	B	-0.05%
CEVA	B	-0.05%
SSTK	F	-0.05%
ETD	C	-0.05%
WOR	F	-0.05%
IRWD	F	-0.04%
MATW	C	-0.04%
UHT	D	-0.04%
GDEN	B	-0.04%
ARR	D	-0.04%
CVI	F	-0.04%
MGPI	F	-0.04%
CRSR	C	-0.04%
BLFS	C	-0.04%
TTGT	C	-0.04%
SNCY	C	-0.04%
WSR	A	-0.04%
SLP	D	-0.03%
TR	B	-0.03%
IIIN	C	-0.03%
NPK	B	-0.03%
MYE	F	-0.03%
HTLD	B	-0.03%
BFS	C	-0.03%
RGNX	F	-0.03%
PRDO	B	-0.0%
STBA	B	-0.0%
CHCO	B	-0.0%
NWBI	B	-0.0%
CATY	B	-0.0%
BFH	B	-0.0%