ESML vs. IVOG ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to Vanguard S&P Mid-Cap 400 Growth ETF (IVOG)

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

$45.10

Average Daily Volume

88,928

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

IVOG

Vanguard S&P Mid-Cap 400 Growth ETF

IVOG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization growth stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P MidCap 400Â® Growth Index, which represents the growth companies of the S&P MidCap 400 Index. The index measures the performance of mid-capitalization growth stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$121.99

Average Daily Volume

26,407

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

Performance

Period	ESML	IVOG
30 Days	6.19%	4.26%
60 Days	6.82%	5.07%
90 Days	7.85%	5.10%
12 Months	32.19%	31.73%

176 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in IVOG	Overlap
AAON	B	0.25%	0.52%	0.25%
ACHC	F	0.09%	0.27%	0.09%
AIT	B	0.13%	0.6%	0.13%
ALTR	B	0.14%	0.42%	0.14%
AM	A	0.15%	0.19%	0.15%
AMED	F	0.09%	0.09%	0.09%
ANF	F	0.15%	0.45%	0.15%
APPF	B	0.11%	0.32%	0.11%
ARWR	D	0.05%	0.16%	0.05%
ATR	B	0.24%	0.44%	0.24%
AXTA	B	0.27%	0.56%	0.27%
AYI	B	0.34%	0.32%	0.32%
AZTA	D	0.07%	0.09%	0.07%
BC	C	0.07%	0.22%	0.07%
BLD	D	0.26%	0.71%	0.26%
BLKB	B	0.12%	0.13%	0.12%
BRBR	A	0.1%	0.3%	0.1%
BRKR	D	0.13%	0.25%	0.13%
BRX	A	0.16%	0.24%	0.16%
BWXT	B	0.3%	0.75%	0.3%
BYD	B	0.06%	0.32%	0.06%
CACI	D	0.21%	0.31%	0.21%
CAR	C	0.06%	0.1%	0.06%
CASY	A	0.52%	0.99%	0.52%
CBSH	B	0.23%	0.2%	0.2%
CBT	D	0.13%	0.27%	0.13%
CDP	C	0.21%	0.1%	0.1%
CFR	B	0.1%	0.23%	0.1%
CGNX	D	0.1%	0.2%	0.1%
CHDN	B	0.14%	0.69%	0.14%
CHE	D	0.14%	0.33%	0.14%
CHH	A	0.06%	0.1%	0.06%
CHX	C	0.17%	0.24%	0.17%
CIEN	C	0.19%	0.25%	0.19%
CIVI	D	0.05%	0.3%	0.05%
CLH	C	0.06%	0.79%	0.06%
CNM	D	0.22%	0.33%	0.22%
CNX	A	0.28%	0.35%	0.28%
COKE	C	0.06%	0.45%	0.06%
COLM	C	0.07%	0.09%	0.07%
CPRI	F	0.03%	0.08%	0.03%
CR	A	0.19%	0.52%	0.19%
CROX	D	0.15%	0.43%	0.15%
CRUS	D	0.15%	0.23%	0.15%
CUBE	C	0.2%	0.4%	0.2%
CVLT	B	0.22%	0.28%	0.22%
CW	C	0.23%	0.58%	0.23%
CYTK	F	0.13%	0.18%	0.13%
DBX	B	0.16%	0.41%	0.16%
DCI	B	0.25%	0.34%	0.25%
DLB	B	0.16%	0.17%	0.16%
DOCS	C	0.08%	0.18%	0.08%
DTM	A	0.28%	0.37%	0.28%
DUOL	A	0.18%	0.74%	0.18%
EGP	D	0.21%	0.35%	0.21%
EHC	B	0.29%	0.3%	0.29%
ELF	C	0.13%	0.4%	0.13%
ENSG	C	0.2%	0.59%	0.2%
EPR	C	0.05%	0.14%	0.05%
EVR	B	0.12%	0.44%	0.12%
EWBC	A	0.4%	0.49%	0.4%
EXLS	B	0.23%	0.26%	0.23%
EXP	B	0.06%	0.65%	0.06%
EXPO	D	0.06%	0.16%	0.06%
FCN	F	0.19%	0.46%	0.19%
FFIN	B	0.06%	0.13%	0.06%
FIVE	F	0.1%	0.35%	0.1%
FIX	A	0.38%	0.94%	0.38%
FLS	B	0.16%	0.21%	0.16%
FN	C	0.17%	0.59%	0.17%
FND	D	0.2%	0.74%	0.2%
FR	D	0.09%	0.22%	0.09%
GATX	A	0.17%	0.12%	0.12%
GTLS	A	0.14%	0.34%	0.14%
GXO	B	0.16%	0.3%	0.16%
HAE	C	0.12%	0.15%	0.12%
HALO	F	0.11%	0.43%	0.11%
HGV	C	0.07%	0.1%	0.07%
HQY	A	0.16%	0.25%	0.16%
HRB	D	0.19%	0.56%	0.19%
HWC	B	0.09%	0.16%	0.09%
HXL	F	0.14%	0.16%	0.14%
IBKR	A	0.32%	0.66%	0.32%
IBOC	B	0.06%	0.09%	0.06%
INGR	C	0.42%	0.21%	0.21%
IRDM	D	0.12%	0.12%	0.12%
ITT	A	0.28%	0.77%	0.28%
JAZZ	B	0.16%	0.19%	0.16%
KBH	D	0.2%	0.19%	0.19%
KBR	F	0.35%	0.28%	0.28%
KNF	B	0.13%	0.26%	0.13%
KNSL	B	0.2%	0.64%	0.2%
LECO	C	0.2%	0.74%	0.2%
LFUS	D	0.14%	0.29%	0.14%
LIVN	F	0.05%	0.07%	0.05%
LNTH	D	0.1%	0.51%	0.1%
LNW	F	0.19%	0.56%	0.19%
LOPE	C	0.05%	0.27%	0.05%
LPX	B	0.17%	0.27%	0.17%
LSCC	D	0.15%	0.47%	0.15%
LSTR	D	0.21%	0.29%	0.21%
MASI	B	0.06%	0.27%	0.06%
MAT	D	0.13%	0.21%	0.13%
MEDP	D	0.15%	0.54%	0.15%
MKSI	C	0.14%	0.22%	0.14%
MMS	F	0.04%	0.26%	0.04%
MORN	B	0.18%	0.6%	0.18%
MSA	F	0.17%	0.44%	0.17%
MTG	C	0.23%	0.17%	0.17%
MTN	C	0.2%	0.28%	0.2%
MTSI	B	0.09%	0.28%	0.09%
MUR	D	0.13%	0.13%	0.13%
MUSA	B	0.34%	0.61%	0.34%
NOVT	D	0.19%	0.24%	0.19%
NVT	B	0.19%	0.84%	0.19%
NYT	D	0.18%	0.62%	0.18%
OHI	C	0.19%	0.3%	0.19%
OLED	F	0.08%	0.54%	0.08%
OLLI	D	0.12%	0.38%	0.12%
ONTO	F	0.21%	0.66%	0.21%
OPCH	D	0.09%	0.15%	0.09%
OZK	B	0.14%	0.16%	0.14%
PCTY	C	0.2%	0.54%	0.2%
PEN	B	0.17%	0.6%	0.17%
PK	C	0.06%	0.2%	0.06%
PLNT	A	0.2%	0.45%	0.2%
PNFP	B	0.3%	0.22%	0.22%
POWI	F	0.06%	0.12%	0.06%
PR	B	0.19%	0.58%	0.19%
PRI	B	0.23%	0.63%	0.23%
PSN	D	0.1%	0.25%	0.1%
REXR	F	0.31%	0.25%	0.25%
RGEN	D	0.16%	0.47%	0.16%
RGLD	C	0.29%	0.34%	0.29%
RH	C	0.06%	0.14%	0.06%
RLI	A	0.2%	0.28%	0.2%
RMBS	B	0.14%	0.35%	0.14%
RNR	C	0.24%	0.51%	0.24%
ROIV	C	0.06%	0.21%	0.06%
RRC	B	0.25%	0.49%	0.25%
RYAN	A	0.14%	0.45%	0.14%
RYN	D	0.05%	0.11%	0.05%
SAIA	B	0.28%	0.88%	0.28%
SCI	B	0.27%	0.41%	0.27%
SFM	A	0.43%	0.36%	0.36%
SHC	F	0.05%	0.16%	0.05%
SIGI	C	0.29%	0.2%	0.2%
SLAB	F	0.09%	0.23%	0.09%
SLM	A	0.16%	0.13%	0.13%
SRPT	F	0.18%	0.65%	0.18%
SSD	F	0.1%	0.51%	0.1%
TDC	D	0.1%	0.21%	0.1%
TEX	F	0.08%	0.13%	0.08%
TKO	A	0.16%	0.22%	0.16%
TNL	A	0.16%	0.16%	0.16%
TOL	B	0.27%	1.01%	0.27%
TPX	B	0.14%	0.56%	0.14%
TREX	C	0.07%	0.52%	0.07%
TTEK	F	0.16%	0.88%	0.16%
TXRH	B	0.11%	0.86%	0.11%
VC	F	0.1%	0.08%	0.08%
VNT	C	0.15%	0.38%	0.15%
VOYA	B	0.16%	0.21%	0.16%
VVV	D	0.17%	0.35%	0.17%
WAL	B	0.22%	0.31%	0.22%
WEN	D	0.09%	0.12%	0.09%
WEX	D	0.25%	0.48%	0.25%
WFRD	D	0.15%	0.39%	0.15%
WH	B	0.15%	0.31%	0.15%
WING	D	0.19%	0.57%	0.19%
WMS	F	0.21%	0.71%	0.21%
WTS	B	0.21%	0.35%	0.21%
WWD	C	0.19%	0.66%	0.19%
XPO	B	0.33%	0.48%	0.33%
YETI	D	0.12%	0.13%	0.12%
ZI	D	0.09%	0.07%	0.07%

ESML Overweight 728 Positions Relative to IVOG

Symbol	Grade	Weight
JHG	B	0.51%
USFD	A	0.49%
CVNA	B	0.48%
GWRE	A	0.43%
NTNX	B	0.36%
FTI	A	0.35%
JLL	D	0.34%
FLEX	B	0.33%
FRT	B	0.31%
NTRA	A	0.31%
OGS	A	0.31%
OSK	C	0.3%
GBCI	B	0.3%
BMI	B	0.3%
RGA	A	0.3%
SNV	C	0.3%
TPR	B	0.29%
R	B	0.29%
SUM	B	0.28%
COHR	B	0.28%
AVT	C	0.27%
UMBF	B	0.27%
WBS	A	0.27%
SSB	B	0.27%
GPK	C	0.26%
ALSN	B	0.26%
MWA	B	0.25%
UNM	A	0.25%
BJ	A	0.25%
PRGS	A	0.24%
WCC	B	0.24%
FTAI	A	0.24%
UGI	C	0.24%
MOG.A	B	0.24%
IVZ	B	0.24%
HRI	C	0.24%
NCLH	B	0.24%
REZI	A	0.23%
AFRM	A	0.23%
ARMK	B	0.23%
AWI	A	0.23%
ALK	B	0.23%
FHN	A	0.23%
THC	D	0.23%
SOFI	B	0.22%
FTDR	B	0.22%
LAD	A	0.22%
GNRC	C	0.22%
FELE	B	0.22%
CMC	B	0.22%
AR	B	0.22%
CMA	B	0.21%
INSM	C	0.21%
PCVX	D	0.21%
CUZ	B	0.21%
RHI	C	0.21%
GME	C	0.21%
NJR	A	0.21%
ITRI	C	0.2%
CNO	B	0.2%
HOG	D	0.2%
BDC	C	0.2%
WHR	B	0.2%
FBP	C	0.2%
TGNA	B	0.2%
OMF	A	0.2%
NFG	A	0.2%
ZION	B	0.2%
BHLB	B	0.2%
HHH	B	0.2%
WK	B	0.2%
BFAM	D	0.2%
ZWS	B	0.2%
AVA	A	0.19%
AMG	B	0.19%
LUMN	C	0.19%
HAS	D	0.19%
ONB	C	0.19%
AXS	A	0.19%
SNDR	B	0.19%
DAR	C	0.19%
FRPT	A	0.19%
GPI	B	0.19%
AA	A	0.19%
RHP	B	0.19%
BANR	B	0.18%
SF	B	0.18%
BWA	D	0.18%
SPXC	A	0.18%
THG	A	0.18%
GKOS	B	0.18%
KNTK	A	0.18%
EPRT	B	0.18%
MDU	D	0.18%
VFC	C	0.18%
ENLC	A	0.18%
MTH	D	0.17%
AEIS	C	0.17%
LAZ	B	0.17%
BERY	C	0.17%
PCH	F	0.17%
TMHC	C	0.17%
PCOR	B	0.17%
ESTC	C	0.17%
PLXS	B	0.17%
ASB	B	0.17%
UBSI	B	0.17%
WSC	F	0.17%
MTZ	B	0.17%
KTB	B	0.16%
MYRG	B	0.16%
FAF	A	0.16%
EAT	A	0.16%
SPSC	D	0.16%
ACIW	B	0.16%
BCC	B	0.16%
BHE	C	0.16%
SITE	F	0.16%
ELAN	D	0.16%
PVH	C	0.16%
CFLT	B	0.15%
VLY	B	0.15%
ECG	C	0.15%
CADE	B	0.15%
CPF	B	0.15%
MMSI	A	0.15%
FSS	B	0.15%
FIBK	B	0.15%
CRS	B	0.15%
NOV	C	0.15%
RRX	B	0.15%
HNI	B	0.15%
ITCI	C	0.15%
MOD	A	0.15%
GTLB	B	0.15%
PINC	B	0.14%
BECN	B	0.14%
X	B	0.14%
ESI	B	0.14%
SR	A	0.14%
TPH	D	0.14%
SMAR	B	0.14%
PRIM	A	0.14%
ACA	A	0.14%
IBCP	B	0.14%
BILL	A	0.14%
IDCC	B	0.14%
ASGN	F	0.14%
CZR	F	0.14%
ATI	C	0.14%
JXN	C	0.14%
FMC	D	0.14%
NSIT	F	0.13%
AVAV	C	0.13%
M	F	0.13%
HESM	B	0.13%
EPAC	C	0.13%
CAVA	B	0.13%
STRL	A	0.13%
PDCO	F	0.13%
FYBR	C	0.13%
LRN	A	0.13%
ORI	A	0.13%
KLIC	B	0.13%
SWX	B	0.13%
ITGR	B	0.13%
AZEK	A	0.13%
CPK	A	0.13%
BOX	B	0.13%
NPO	A	0.13%
WTM	A	0.13%
BCPC	B	0.13%
VMI	B	0.13%
COLB	B	0.13%
CABO	B	0.13%
AGCO	D	0.13%
HIW	C	0.13%
CVBF	A	0.12%
AGNC	C	0.12%
DFIN	D	0.12%
QTWO	A	0.12%
KOS	D	0.12%
RKLB	A	0.12%
WGO	C	0.12%
WHD	B	0.12%
S	B	0.12%
GL	C	0.12%
ABG	C	0.12%
CRDO	B	0.12%
WERN	C	0.12%
THO	B	0.12%
MTX	B	0.12%
ADT	C	0.12%
GAP	C	0.12%
FULT	A	0.12%
CSGS	B	0.11%
PEGA	B	0.11%
PATH	C	0.11%
JEF	A	0.11%
DXC	B	0.11%
ORA	B	0.11%
KRC	B	0.11%
GMED	A	0.11%
ABCB	B	0.11%
AUB	B	0.11%
VKTX	F	0.11%
LYFT	C	0.11%
XENE	D	0.11%
WDFC	B	0.11%
SHOO	F	0.11%
CRNX	C	0.11%
ECPG	C	0.11%
EFSC	B	0.11%
SON	F	0.11%
ADC	A	0.11%
MRCY	C	0.11%
LBRDA	C	0.11%
KAR	B	0.11%
RXO	D	0.1%
NWL	C	0.1%
HASI	D	0.1%
ERII	D	0.1%
PJT	A	0.1%
AROC	A	0.1%
SCL	C	0.1%
RVMD	C	0.1%
HCP	B	0.1%
TENB	C	0.1%
ALKS	C	0.1%
TRN	B	0.1%
FA	C	0.1%
DV	C	0.1%
CAC	C	0.1%
STWD	C	0.1%
FUL	F	0.1%
VECO	F	0.1%
NXT	C	0.1%
SLG	B	0.1%
ETSY	D	0.1%
DY	D	0.1%
BHVN	D	0.1%
DNLI	D	0.1%
DRS	B	0.1%
APAM	B	0.1%
CRC	A	0.1%
LITE	B	0.1%
PFSI	C	0.1%
FLR	B	0.1%
TRNO	F	0.1%
AL	B	0.1%
RDUS	B	0.1%
CCOI	B	0.1%
RDNT	B	0.1%
KD	B	0.1%
SIG	B	0.1%
AMAL	B	0.1%
LCII	C	0.1%
ALTM	B	0.1%
LEA	F	0.1%
VNO	C	0.09%
OGN	F	0.09%
RNA	C	0.09%
ABM	B	0.09%
NMIH	C	0.09%
UPST	B	0.09%
U	C	0.09%
ARW	D	0.09%
KFY	B	0.09%
CNK	C	0.09%
POST	C	0.09%
SHAK	C	0.09%
RDN	D	0.09%
MGRC	B	0.09%
CURB	D	0.09%
ESE	B	0.09%
NXST	C	0.09%
RL	C	0.09%
SJW	F	0.09%
ATKR	D	0.09%
MARA	B	0.09%
CRVL	B	0.09%
BRC	D	0.09%
IMAX	B	0.09%
IBP	D	0.09%
LNC	C	0.09%
POWL	C	0.09%
EVRI	A	0.08%
AVPT	A	0.08%
AMWD	C	0.08%
SBRA	C	0.08%
BXMT	C	0.08%
ICUI	D	0.08%
KTOS	B	0.08%
KOP	C	0.08%
ICFI	F	0.08%
AUR	C	0.08%
EWTX	C	0.08%
BPMC	B	0.08%
IESC	C	0.08%
BL	B	0.08%
TILE	B	0.08%
TBBK	B	0.08%
SPB	C	0.08%
IOSP	C	0.08%
ACLX	C	0.08%
SNX	D	0.08%
CRSP	D	0.08%
VSEC	C	0.08%
BPOP	C	0.08%
INTA	B	0.08%
ST	F	0.08%
ALG	B	0.08%
SASR	B	0.08%
TNET	F	0.08%
PLYA	B	0.08%
PRVA	C	0.08%
LBPH	A	0.08%
INDB	B	0.08%
CHWY	B	0.08%
INSP	D	0.08%
ENOV	C	0.08%
VAC	C	0.08%
TDS	B	0.08%
PIPR	A	0.08%
TARS	C	0.08%
PRKS	B	0.08%
BWIN	C	0.08%
AEO	F	0.08%
HR	B	0.08%
NTGR	B	0.08%
UNIT	B	0.08%
BOH	B	0.08%
LNN	B	0.08%
STC	B	0.08%
MAC	B	0.08%
PRCT	B	0.08%
JBT	B	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	B	0.07%
SKT	A	0.07%
EE	A	0.07%
HI	C	0.07%
GBX	A	0.07%
RARE	F	0.07%
LBRDK	C	0.07%
UEC	B	0.07%
CWEN	C	0.07%
WU	F	0.07%
GT	C	0.07%
ESRT	C	0.07%
SEE	C	0.07%
PECO	A	0.07%
HAFC	B	0.07%
VSCO	C	0.07%
CWK	C	0.07%
GTES	A	0.07%
BDN	C	0.07%
ESNT	F	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%
HIMS	B	0.07%
MHK	D	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%
WTFC	A	0.07%
WRBY	A	0.07%
AN	C	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	A	0.07%
ATGE	B	0.06%
MTRN	C	0.06%
CBZ	B	0.06%
VRRM	F	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	B	0.06%
PRO	C	0.06%
DCO	C	0.06%
VERA	C	0.06%
RBBN	C	0.06%
VRTS	B	0.06%
PBF	D	0.06%
SATS	D	0.06%
W	D	0.06%
MBUU	B	0.06%
PTCT	B	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	C	0.06%
JWN	D	0.06%
CMCO	C	0.06%
TGTX	B	0.06%
CWAN	B	0.06%
TDOC	C	0.06%
ATEN	A	0.06%
ROCK	C	0.06%
PNTG	D	0.06%
AIR	B	0.06%
NBTB	B	0.06%
CLNE	F	0.06%
CMP	C	0.06%
MGNI	B	0.06%
AGO	B	0.06%
CAKE	C	0.06%
RUSHB	C	0.06%
KROS	D	0.06%
FL	F	0.06%
VREX	B	0.06%
ANDE	D	0.06%
FROG	C	0.06%
SFBS	C	0.06%
PYCR	B	0.06%
VBTX	B	0.06%
PEB	D	0.06%
HELE	C	0.06%
CART	C	0.06%
BOOT	C	0.06%
SMTC	B	0.06%
PLUS	F	0.06%
OWL	A	0.06%
NVST	B	0.06%
PPBI	C	0.06%
ACVA	B	0.06%
SM	B	0.06%
RCM	A	0.06%
FLYW	B	0.06%
APG	B	0.06%
IDYA	F	0.06%
HURN	C	0.06%
EYE	C	0.06%
ADMA	B	0.06%
CLB	B	0.06%
MNKD	C	0.06%
CCS	D	0.06%
TALO	C	0.06%
TGI	B	0.06%
BKU	A	0.06%
AVDX	B	0.06%
VNOM	A	0.06%
FRSH	B	0.06%
KE	C	0.06%
ENV	B	0.06%
FUN	C	0.06%
KREF	C	0.06%
VRNS	D	0.06%
CLF	F	0.06%
MRUS	F	0.06%
FOUR	A	0.06%
MAN	F	0.06%
VRDN	D	0.06%
VERX	A	0.06%
PDM	D	0.06%
PAHC	C	0.06%
UPBD	B	0.06%
CALM	A	0.06%
WD	D	0.06%
VVI	C	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	B	0.05%
RXST	F	0.05%
EWCZ	F	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	C	0.05%
HLX	B	0.05%
ALRM	C	0.05%
IONS	F	0.05%
PLOW	D	0.05%
DOCN	C	0.05%
ARKO	C	0.05%
CECO	B	0.05%
LEVI	F	0.05%
ICHR	C	0.05%
FTRE	D	0.05%
INFA	D	0.05%
CPRX	C	0.05%
GERN	D	0.05%
APGE	F	0.05%
CNMD	C	0.05%
VSTS	C	0.05%
FLG	D	0.05%
ARCB	C	0.05%
CDE	C	0.05%
CLVT	D	0.05%
XRAY	F	0.05%
GOGO	C	0.05%
PSMT	D	0.05%
ACEL	C	0.05%
BASE	B	0.05%
WNC	C	0.05%
MLTX	B	0.05%
SLNO	C	0.05%
INVX	C	0.05%
PENN	C	0.05%
ASAN	B	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	D	0.05%
AWR	B	0.05%
XPEL	B	0.05%
PFS	B	0.05%
PGRE	F	0.05%
EDR	A	0.05%
RUN	F	0.05%
DGII	C	0.05%
REVG	C	0.05%
PRAA	D	0.05%
HAIN	D	0.05%
INFN	D	0.05%
MRC	B	0.05%
SPR	D	0.05%
MNRO	D	0.05%
WKC	C	0.05%
SMP	C	0.05%
VITL	D	0.05%
LCID	F	0.05%
ELVN	D	0.05%
CWEN	C	0.05%
MTTR	B	0.05%
GO	C	0.05%
KYMR	D	0.05%
HAYW	B	0.05%
EMBC	C	0.05%
NEO	C	0.05%
SLVM	B	0.05%
XPRO	D	0.05%
RAMP	B	0.05%
ZUO	B	0.05%
VYX	B	0.05%
OMCL	C	0.05%
HCC	B	0.05%
MMI	C	0.05%
BGC	C	0.05%
JANX	C	0.05%
PDFS	C	0.05%
CSTL	D	0.05%
IART	C	0.05%
CC	C	0.05%
MHO	D	0.05%
PRG	C	0.05%
FFBC	B	0.05%
GEF	A	0.05%
TMDX	F	0.05%
SKY	A	0.05%
BE	B	0.05%
ADUS	D	0.05%
AORT	B	0.05%
SMPL	B	0.05%
SBH	C	0.05%
KMPR	A	0.05%
MDGL	B	0.05%
ASTE	C	0.05%
CUBI	B	0.05%
KVYO	C	0.05%
UFPT	C	0.05%
RNG	C	0.05%
DNOW	B	0.05%
HLIT	D	0.05%
TNC	D	0.05%
ARQT	B	0.05%
GEF	A	0.05%
NUVL	C	0.05%
LEG	F	0.05%
YELP	C	0.05%
JBGS	F	0.05%
UAA	C	0.05%
RUSHA	C	0.05%
MXL	C	0.05%
NCNO	C	0.05%
COOP	B	0.05%
COLD	D	0.05%
CALX	D	0.05%
NBHC	C	0.05%
AGYS	A	0.05%
ALKT	B	0.05%
PD	C	0.05%
CRAI	C	0.05%
RCKT	F	0.04%
OMI	F	0.04%
FOXF	F	0.04%
CLW	F	0.04%
HPP	F	0.04%
FORM	D	0.04%
BKD	F	0.04%
CAL	F	0.04%
HOUS	F	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	F	0.04%
PRTA	F	0.04%
NTLA	F	0.04%
PGNY	F	0.04%
CLDX	F	0.04%
EGY	D	0.04%
ESTA	D	0.04%
SPT	C	0.04%
JAMF	F	0.04%
ARCT	F	0.04%
CXM	C	0.04%
TNDM	D	0.04%
CGEM	F	0.04%
COUR	F	0.04%
SAVA	C	0.04%
LESL	D	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	C	0.04%
AMN	F	0.04%
OSCR	D	0.04%
AMC	C	0.04%
ASH	F	0.04%
PLUG	F	0.04%
DYN	F	0.04%
PLRX	D	0.04%
HL	D	0.04%
BBIO	F	0.04%
DK	C	0.04%
QDEL	F	0.04%
ARLO	C	0.04%
ALEC	F	0.04%
FLO	D	0.04%
PTEN	C	0.04%
NVCR	C	0.04%
MEI	F	0.04%
IVR	F	0.04%
BRZE	C	0.04%
LGF.A	C	0.04%
CWT	C	0.04%
THS	D	0.04%
UCB	A	0.04%
KRYS	C	0.04%
RXRX	F	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	F	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	D	0.03%
APLS	F	0.03%
CCRN	F	0.03%
MYGN	F	0.03%
ETWO	F	0.03%
BRY	F	0.03%
MQ	D	0.03%
STAA	F	0.03%
JELD	F	0.03%
KELYA	F	0.03%
AGL	F	0.02%
MC	C	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	D	0.01%

ESML Underweight 72 Positions Relative to IVOG

Symbol	Grade	Weight
EME	A	-1.4%
CSL	C	-1.31%
LII	A	-1.3%
WSM	C	-1.16%
WSO	A	-1.11%
MANH	D	-1.09%
DT	D	-1.08%
RS	B	-1.06%
RBA	A	-1.05%
OC	A	-1.04%
PSTG	D	-1.04%
TPL	A	-0.99%
GGG	B	-0.93%
NBIX	C	-0.82%
OVV	B	-0.7%
EXEL	B	-0.64%
BURL	B	-0.63%
HLI	A	-0.62%
RPM	A	-0.6%
ELS	C	-0.56%
SKX	D	-0.55%
RBC	A	-0.55%
EQH	C	-0.52%
CHRD	D	-0.52%
UFPI	C	-0.5%
UTHR	C	-0.5%
HLNE	B	-0.49%
ESAB	C	-0.47%
BMRN	F	-0.47%
AMH	C	-0.45%
LAMR	C	-0.45%
H	B	-0.44%
ACM	B	-0.44%
AVTR	F	-0.43%
MTDR	B	-0.41%
GLPI	C	-0.4%
DKS	D	-0.4%
CCK	D	-0.35%
CG	B	-0.34%
CELH	F	-0.32%
BCO	F	-0.31%
WTRG	B	-0.31%
QLYS	B	-0.3%
WLK	D	-0.3%
GNTX	C	-0.3%
FBIN	D	-0.28%
TTC	C	-0.27%
NEU	D	-0.27%
ALV	C	-0.27%
SEIC	B	-0.25%
MIDD	C	-0.24%
VAL	F	-0.23%
STAG	D	-0.23%
WMG	D	-0.23%
NNN	C	-0.2%
KEX	B	-0.19%
COTY	F	-0.18%
SAIC	F	-0.17%
EEFT	B	-0.15%
TKR	D	-0.14%
IDA	A	-0.14%
MSM	C	-0.13%
OLN	F	-0.13%
LANC	C	-0.11%
ENS	F	-0.11%
NSA	C	-0.1%
NSP	F	-0.09%
SMG	C	-0.09%
ALGM	D	-0.08%
SAM	C	-0.08%
IPGP	D	-0.07%
SYNA	C	-0.07%