ESML vs. IWP ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to iShares Russell Midcap Growth ETF (IWP)

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

IWP

iShares Russell Midcap Growth ETF

IWP Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth 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 Russell Midcap Growth Index (the "underlying index"), which measures the performance of the mid-capitalization growth sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$134.36

Average Daily Volume

1,023,862

Number of Holdings ^*

286

* may have additional holdings in another (foreign) market

Performance

Period	ESML	IWP
30 Days	8.75%	12.16%
60 Days	8.59%	14.69%
90 Days	9.69%	17.57%
12 Months	34.45%	40.60%

123 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in IWP	Overlap
AAON	B	0.25%	0.3%	0.25%
AM	A	0.15%	0.06%	0.06%
APLS	D	0.03%	0.09%	0.03%
APPF	B	0.11%	0.17%	0.11%
AWI	A	0.23%	0.07%	0.07%
AZEK	A	0.14%	0.15%	0.14%
BFAM	D	0.21%	0.03%	0.03%
BILL	A	0.15%	0.07%	0.07%
BLD	D	0.25%	0.03%	0.03%
BPOP	B	0.08%	0.02%	0.02%
BRKR	D	0.13%	0.12%	0.12%
BROS	B	0.08%	0.07%	0.07%
BWXT	B	0.3%	0.08%	0.08%
CAR	C	0.05%	0.02%	0.02%
CASY	A	0.53%	0.08%	0.08%
CAVA	B	0.13%	0.35%	0.13%
CC	C	0.06%	0.01%	0.01%
CFLT	B	0.15%	0.22%	0.15%
CGNX	C	0.1%	0.01%	0.01%
CHDN	B	0.14%	0.32%	0.14%
CHE	D	0.14%	0.03%	0.03%
CHH	A	0.06%	0.11%	0.06%
CIVI	D	0.05%	0.05%	0.05%
CLF	F	0.06%	0.06%	0.06%
CNM	D	0.23%	0.17%	0.17%
CROX	D	0.15%	0.03%	0.03%
CVNA	B	0.48%	0.3%	0.3%
DBX	B	0.15%	0.06%	0.06%
DOCS	C	0.08%	0.01%	0.01%
DUOL	A	0.19%	0.37%	0.19%
DV	C	0.1%	0.05%	0.05%
ELF	C	0.13%	0.21%	0.13%
ESTC	C	0.18%	0.23%	0.18%
ETSY	D	0.1%	0.12%	0.1%
EXP	A	0.06%	0.25%	0.06%
FIVE	F	0.1%	0.12%	0.1%
FIVN	C	0.07%	0.09%	0.07%
FIX	A	0.42%	0.51%	0.42%
FND	C	0.2%	0.13%	0.13%
FOUR	B	0.07%	0.19%	0.07%
FRPT	B	0.2%	0.07%	0.07%
FTRE	D	0.05%	0.01%	0.01%
GNRC	B	0.21%	0.17%	0.17%
GTLB	B	0.16%	0.23%	0.16%
GWRE	A	0.44%	0.23%	0.23%
HAS	D	0.18%	0.25%	0.18%
HCP	B	0.1%	0.12%	0.1%
HRB	D	0.18%	0.05%	0.05%
INSP	D	0.09%	0.17%	0.09%
IONS	F	0.04%	0.16%	0.04%
IRDM	D	0.11%	0.01%	0.01%
ITCI	C	0.15%	0.28%	0.15%
JEF	A	0.11%	0.12%	0.11%
JLL	D	0.33%	0.13%	0.13%
KBR	F	0.35%	0.02%	0.02%
KNSL	B	0.2%	0.33%	0.2%
LAZ	B	0.17%	0.18%	0.17%
LBRDA	C	0.11%	0.01%	0.01%
LBRDK	C	0.06%	0.08%	0.06%
LECO	B	0.2%	0.1%	0.1%
LNW	D	0.19%	0.27%	0.19%
LOPE	B	0.05%	0.05%	0.05%
LPX	B	0.17%	0.16%	0.16%
LSCC	D	0.15%	0.19%	0.15%
LYFT	C	0.1%	0.15%	0.1%
MASI	A	0.07%	0.12%	0.07%
MEDP	D	0.15%	0.26%	0.15%
MKSI	C	0.14%	0.01%	0.01%
MORN	B	0.18%	0.29%	0.18%
MTN	C	0.2%	0.18%	0.18%
MUSA	A	0.34%	0.32%	0.32%
NCLH	B	0.24%	0.37%	0.24%
NCNO	B	0.05%	0.07%	0.05%
NTNX	A	0.36%	0.16%	0.16%
NTRA	B	0.34%	0.54%	0.34%
NXST	C	0.09%	0.06%	0.06%
OLED	D	0.08%	0.13%	0.08%
ONTO	D	0.21%	0.07%	0.07%
OWL	A	0.06%	0.37%	0.06%
PATH	C	0.11%	0.15%	0.11%
PCOR	B	0.18%	0.24%	0.18%
PCTY	B	0.2%	0.28%	0.2%
PEGA	A	0.1%	0.13%	0.1%
PEN	B	0.17%	0.29%	0.17%
PLNT	A	0.21%	0.15%	0.15%
PR	B	0.19%	0.07%	0.07%
PYCR	C	0.06%	0.0%	0.0%
RARE	D	0.06%	0.13%	0.06%
RGEN	D	0.15%	0.03%	0.03%
RH	B	0.07%	0.03%	0.03%
RLI	B	0.2%	0.01%	0.01%
RNG	B	0.05%	0.1%	0.05%
RYAN	B	0.14%	0.24%	0.14%
S	B	0.12%	0.04%	0.04%
SAIA	B	0.28%	0.26%	0.26%
SEE	C	0.07%	0.01%	0.01%
SITE	D	0.16%	0.08%	0.08%
SMAR	A	0.14%	0.24%	0.14%
SOFI	A	0.24%	0.07%	0.07%
SPR	D	0.05%	0.02%	0.02%
SRPT	D	0.18%	0.31%	0.18%
SSD	D	0.1%	0.02%	0.02%
TDC	D	0.1%	0.09%	0.09%
TKO	B	0.18%	0.04%	0.04%
TPX	B	0.14%	0.3%	0.14%
TREX	C	0.07%	0.24%	0.07%
TTEK	F	0.15%	0.08%	0.08%
TXG	F	0.03%	0.03%	0.03%
TXRH	C	0.1%	0.43%	0.1%
U	C	0.1%	0.08%	0.08%
VKTX	F	0.1%	0.17%	0.1%
VNOM	A	0.06%	0.05%	0.05%
VVV	F	0.15%	0.18%	0.15%
WEN	D	0.08%	0.05%	0.05%
WEX	D	0.24%	0.02%	0.02%
WFRD	D	0.16%	0.19%	0.16%
WH	B	0.14%	0.02%	0.02%
WING	D	0.19%	0.3%	0.19%
WMS	D	0.2%	0.11%	0.11%
WSC	D	0.17%	0.06%	0.06%
WU	D	0.07%	0.01%	0.01%
XPO	B	0.33%	0.55%	0.33%
YETI	C	0.12%	0.03%	0.03%

ESML Overweight 781 Positions Relative to IWP

Symbol	Grade	Weight
USFD	A	0.5%
JHG	A	0.5%
SFM	A	0.44%
INGR	B	0.4%
EWBC	A	0.4%
FTI	A	0.37%
FLEX	A	0.35%
IBKR	A	0.34%
OGS	A	0.32%
AYI	B	0.32%
GBCI	B	0.3%
SNV	B	0.3%
DTM	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%
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%
UNM	A	0.25%
IVZ	B	0.24%
PRGS	A	0.24%
ARMK	B	0.24%
MOG.A	B	0.24%
HRI	B	0.24%
AR	B	0.24%
DCI	B	0.24%
RNR	C	0.24%
ALK	C	0.23%
CBSH	A	0.23%
PRI	A	0.23%
FHN	A	0.23%
EXLS	B	0.23%
REZI	A	0.23%
WCC	B	0.23%
CW	B	0.23%
ATR	B	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%
WTS	B	0.21%
RHI	B	0.21%
NFG	A	0.21%
THC	D	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%
KBH	D	0.2%
BDC	B	0.2%
FBP	B	0.2%
PCVX	D	0.2%
BHLB	B	0.2%
ZION	B	0.2%
CACI	D	0.2%
EGP	F	0.2%
CMA	A	0.2%
LSTR	D	0.2%
CR	A	0.2%
CUBE	D	0.2%
OMF	A	0.2%
NVT	B	0.2%
TGNA	B	0.2%
ENSG	D	0.2%
HHH	B	0.2%
ZWS	B	0.2%
WK	B	0.2%
ENLC	A	0.19%
FCN	D	0.19%
GPI	A	0.19%
DAR	C	0.19%
OHI	C	0.19%
WWD	B	0.19%
WHR	B	0.19%
ITRI	B	0.19%
AXS	A	0.19%
AVA	A	0.19%
RHP	B	0.19%
SNDR	B	0.19%
KNTK	B	0.19%
CNO	A	0.19%
MDU	D	0.19%
BERY	B	0.18%
MOD	A	0.18%
THG	A	0.18%
GATX	A	0.18%
MTZ	B	0.18%
CIEN	B	0.18%
ONB	B	0.18%
GKOS	B	0.18%
AMG	B	0.18%
EPRT	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%
VFC	C	0.17%
MSA	D	0.17%
DLB	B	0.17%
LUMN	C	0.17%
ASB	B	0.17%
HQY	B	0.17%
BWA	D	0.17%
NYT	C	0.17%
BANR	B	0.17%
SF	B	0.17%
PLXS	B	0.17%
PVH	C	0.16%
CRS	A	0.16%
TNL	A	0.16%
BHE	B	0.16%
BCC	B	0.16%
FAF	A	0.16%
MTH	D	0.16%
ACIW	B	0.16%
BRX	A	0.16%
VOYA	B	0.16%
JAZZ	B	0.16%
GXO	B	0.16%
ECG	C	0.16%
SPSC	C	0.16%
FLS	B	0.16%
SLM	A	0.16%
AEIS	B	0.16%
EAT	A	0.16%
PRIM	A	0.15%
SR	A	0.15%
CRUS	D	0.15%
VNT	B	0.15%
ATI	D	0.15%
CPF	A	0.15%
KTB	B	0.15%
X	C	0.15%
FMC	D	0.15%
RKLB	B	0.15%
FIBK	A	0.15%
HNI	B	0.15%
RRX	B	0.15%
NOV	C	0.15%
MMSI	B	0.15%
FN	D	0.15%
MYRG	B	0.15%
FSS	B	0.15%
ELAN	D	0.15%
OZK	B	0.14%
KNF	A	0.14%
CZR	F	0.14%
KLIC	B	0.14%
TPH	D	0.14%
ESI	A	0.14%
STRL	B	0.14%
AGCO	D	0.14%
IBCP	B	0.14%
ALTR	B	0.14%
JXN	C	0.14%
GTLS	B	0.14%
RMBS	C	0.14%
IDCC	A	0.14%
CADE	B	0.14%
NPO	A	0.14%
BECN	B	0.14%
ACA	A	0.14%
ANF	C	0.14%
VLY	B	0.14%
QTWO	A	0.13%
AIT	A	0.13%
CBT	C	0.13%
BOX	B	0.13%
FYBR	D	0.13%
MUR	D	0.13%
COLB	A	0.13%
LFUS	F	0.13%
ITGR	B	0.13%
CABO	C	0.13%
ASGN	F	0.13%
HESM	B	0.13%
VMI	B	0.13%
SWX	B	0.13%
ORI	A	0.13%
PINC	B	0.13%
HIW	D	0.13%
PDCO	D	0.13%
HXL	D	0.13%
LRN	A	0.13%
CRDO	B	0.13%
BCPC	B	0.13%
CPK	A	0.13%
WTM	A	0.13%
HAE	C	0.12%
RDUS	C	0.12%
AGNC	D	0.12%
CVBF	A	0.12%
DFIN	D	0.12%
KD	B	0.12%
AVAV	D	0.12%
EVR	B	0.12%
WERN	C	0.12%
ABG	B	0.12%
M	D	0.12%
GL	B	0.12%
GAP	C	0.12%
BLKB	B	0.12%
NSIT	F	0.12%
ADT	C	0.12%
MTX	B	0.12%
THO	B	0.12%
WHD	B	0.12%
MAT	D	0.12%
FULT	A	0.12%
EPAC	B	0.12%
CSGS	B	0.11%
CRNX	C	0.11%
AUB	B	0.11%
MARA	C	0.11%
DXC	B	0.11%
ORA	B	0.11%
KRC	C	0.11%
AROC	B	0.11%
SHOO	D	0.11%
LCII	C	0.11%
ABCB	B	0.11%
WDFC	B	0.11%
MRCY	B	0.11%
FLR	B	0.11%
CCOI	B	0.11%
ECPG	B	0.11%
SON	D	0.11%
LNTH	D	0.11%
GMED	A	0.11%
OLLI	D	0.11%
EFSC	B	0.11%
CYTK	F	0.11%
WGO	C	0.11%
ADC	B	0.11%
KOS	F	0.11%
KAR	B	0.11%
RXO	C	0.1%
RVMD	C	0.1%
PJT	A	0.1%
VECO	F	0.1%
SCL	C	0.1%
TRN	C	0.1%
TENB	C	0.1%
CAC	B	0.1%
FUL	F	0.1%
HASI	D	0.1%
DY	D	0.1%
APAM	B	0.1%
TRNO	F	0.1%
STWD	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%
AL	B	0.1%
SLG	B	0.1%
XENE	D	0.1%
LEA	D	0.1%
ALTM	C	0.1%
PFSI	D	0.1%
SIG	B	0.1%
DRS	B	0.1%
DNLI	D	0.09%
GVA	A	0.09%
RDN	C	0.09%
KFY	B	0.09%
ABM	B	0.09%
LNN	B	0.09%
AVPT	A	0.09%
TDS	B	0.09%
CNK	B	0.09%
ZI	D	0.09%
MGRC	B	0.09%
ARW	D	0.09%
SLAB	D	0.09%
NMIH	D	0.09%
BRC	D	0.09%
PLMR	B	0.09%
UNIT	B	0.09%
RL	B	0.09%
CHWY	B	0.09%
FR	C	0.09%
CURB	D	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%
MTSI	B	0.09%
ACHC	F	0.09%
VC	D	0.09%
LNC	B	0.09%
SJW	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%
NWL	B	0.09%
CFR	B	0.09%
HALO	F	0.09%
CRVL	A	0.09%
ALKS	B	0.09%
TILE	B	0.08%
CRSP	D	0.08%
UEC	B	0.08%
KOP	C	0.08%
CCCS	B	0.08%
SASR	B	0.08%
PRVA	B	0.08%
AEO	F	0.08%
BPMC	C	0.08%
ENR	B	0.08%
VCTR	B	0.08%
SNX	C	0.08%
BXMT	C	0.08%
TBBK	B	0.08%
BL	B	0.08%
IESC	B	0.08%
NWN	A	0.08%
PRKS	C	0.08%
KTOS	B	0.08%
ERII	D	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%
INDB	B	0.08%
TEX	D	0.08%
TARS	B	0.08%
HIMS	B	0.08%
INTA	A	0.08%
NTGR	B	0.08%
ENOV	C	0.08%
UNFI	A	0.08%
BOH	B	0.08%
OGN	D	0.08%
PIPR	B	0.08%
HR	C	0.08%
STC	B	0.08%
AUR	C	0.08%
ZD	C	0.08%
AZZ	B	0.08%
MAC	B	0.08%
VNO	B	0.08%
JBT	B	0.08%
AMED	F	0.08%
ATKR	C	0.08%
BWIN	D	0.08%
SHAK	C	0.08%
RNST	B	0.08%
VSCO	B	0.07%
TDOC	C	0.07%
ICFI	F	0.07%
AAT	B	0.07%
OII	B	0.07%
GT	C	0.07%
CALM	A	0.07%
SKT	B	0.07%
SONO	C	0.07%
SG	B	0.07%
PECO	A	0.07%
CWK	B	0.07%
VERX	B	0.07%
ESNT	D	0.07%
HAFC	A	0.07%
MHK	D	0.07%
AVNT	B	0.07%
ESRT	C	0.07%
PRGO	B	0.07%
CWEN	C	0.07%
PAYO	A	0.07%
ROG	D	0.07%
GTES	A	0.07%
VVX	C	0.07%
VREX	C	0.07%
CMP	C	0.07%
ACLX	C	0.07%
XHR	B	0.07%
CTS	C	0.07%
GH	B	0.07%
HWKN	B	0.07%
BC	C	0.07%
BDN	C	0.07%
ATRC	C	0.07%
AMWD	C	0.07%
EE	A	0.07%
SXT	B	0.07%
RNA	D	0.07%
SEM	B	0.07%
ST	F	0.07%
WTFC	A	0.07%
SPB	C	0.07%
EWTX	C	0.07%
AZTA	D	0.07%
ICUI	D	0.07%
AN	C	0.07%
HBI	B	0.07%
IOSP	B	0.07%
EVRI	A	0.07%
OUT	A	0.07%
VSEC	C	0.07%
PI	D	0.07%
SBRA	C	0.07%
TNET	D	0.07%
MRUS	F	0.06%
LXP	D	0.06%
CBZ	B	0.06%
CMCO	B	0.06%
PRO	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%
NBTB	B	0.06%
CLH	B	0.06%
ATEN	B	0.06%
VRDN	D	0.06%
MGNI	A	0.06%
COLD	D	0.06%
ALKT	B	0.06%
ATGE	B	0.06%
SFBS	B	0.06%
MXL	C	0.06%
TMCI	D	0.06%
WT	B	0.06%
PBF	D	0.06%
MDGL	B	0.06%
RUSHB	B	0.06%
COKE	C	0.06%
AGO	B	0.06%
AIR	B	0.06%
ZYME	C	0.06%
CALX	D	0.06%
IRON	B	0.06%
VBTX	B	0.06%
HAIN	C	0.06%
FROG	C	0.06%
FNA	C	0.06%
ANDE	D	0.06%
CWAN	B	0.06%
PLUS	F	0.06%
AGYS	A	0.06%
CART	C	0.06%
MNKD	C	0.06%
VRNS	D	0.06%
SATS	D	0.06%
BYD	C	0.06%
PPBI	B	0.06%
HURN	B	0.06%
PAHC	C	0.06%
TALO	C	0.06%
PK	B	0.06%
MAN	D	0.06%
CCS	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%
ENV	B	0.06%
HELE	C	0.06%
AVDX	B	0.06%
PEB	D	0.06%
PDM	D	0.06%
FRSH	C	0.06%
BKU	A	0.06%
KREF	D	0.06%
WD	D	0.06%
IBOC	A	0.06%
FLYW	C	0.06%
NVST	B	0.06%
TGTX	B	0.06%
EYE	C	0.06%
FFIN	B	0.06%
ADMA	B	0.06%
SMTC	B	0.06%
CLB	B	0.06%
ACVA	B	0.06%
HI	C	0.06%
UPBD	B	0.06%
CBU	B	0.06%
BANC	A	0.06%
COLM	B	0.06%
DEA	D	0.06%
HGV	B	0.06%
NARI	C	0.06%
COMP	B	0.06%
AI	B	0.06%
TGI	B	0.06%
ALHC	C	0.06%
GBX	A	0.06%
LGF.A	C	0.05%
ARVN	D	0.05%
MNRO	D	0.05%
BNL	D	0.05%
RXST	F	0.05%
AXL	C	0.05%
PLOW	D	0.05%
THS	D	0.05%
CPRX	C	0.05%
RUN	F	0.05%
PGRE	F	0.05%
PENN	C	0.05%
NRIX	D	0.05%
ARCB	C	0.05%
RYN	D	0.05%
ALRM	C	0.05%
KLG	C	0.05%
ACEL	C	0.05%
TMDX	F	0.05%
WNC	C	0.05%
JANX	C	0.05%
EMBC	C	0.05%
DOCN	D	0.05%
MLTX	B	0.05%
FLG	C	0.05%
ZEUS	C	0.05%
MLNK	B	0.05%
SMP	B	0.05%
PBI	B	0.05%
PFS	B	0.05%
TWST	D	0.05%
CNMD	C	0.05%
PSMT	C	0.05%
KYMR	D	0.05%
ICHR	C	0.05%
MPW	F	0.05%
XPEL	C	0.05%
PLAY	D	0.05%
OMCL	C	0.05%
SLNO	B	0.05%
CSTL	D	0.05%
TROX	D	0.05%
SAVA	D	0.05%
DGII	B	0.05%
AWR	B	0.05%
ARKO	C	0.05%
REVG	B	0.05%
SBH	C	0.05%
GOGO	C	0.05%
INFA	D	0.05%
HLX	B	0.05%
MODG	F	0.05%
ASAN	C	0.05%
NEO	C	0.05%
PTGX	C	0.05%
INFN	C	0.05%
AMBC	C	0.05%
XRAY	F	0.05%
LCID	F	0.05%
UAA	C	0.05%
BGC	C	0.05%
EDR	A	0.05%
PRG	C	0.05%
WKC	D	0.05%
MMI	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%
IART	C	0.05%
AAP	C	0.05%
ELVN	D	0.05%
KROS	D	0.05%
HAYW	B	0.05%
LIVN	F	0.05%
ADUS	D	0.05%
MRC	B	0.05%
LEG	F	0.05%
RUSHA	C	0.05%
VYX	B	0.05%
GO	C	0.05%
ASTE	B	0.05%
YELP	C	0.05%
UFPT	B	0.05%
XPRO	F	0.05%
MHO	D	0.05%
FFBC	A	0.05%
INVX	C	0.05%
KVYO	C	0.05%
BASE	C	0.05%
VSTS	C	0.05%
CWEN	C	0.05%
CUBI	C	0.05%
MTRN	C	0.05%
DCO	C	0.05%
VERA	B	0.05%
HLIT	D	0.05%
EPR	D	0.05%
NBHC	B	0.05%
KMPR	B	0.05%
DNOW	B	0.05%
TNC	D	0.05%
SLVM	B	0.05%
GEF	A	0.05%
SKY	A	0.05%
DLX	B	0.05%
IDYA	F	0.05%
CLNE	D	0.05%
VRNT	C	0.05%
RBBN	C	0.05%
EXPO	D	0.05%
JBGS	D	0.05%
PNTG	D	0.05%
VRRM	D	0.05%
CECO	A	0.05%
AORT	B	0.05%
CRAI	B	0.05%
JWN	C	0.05%
CLVT	F	0.05%
RAMP	C	0.05%
FL	F	0.05%
COOP	B	0.05%
VRTS	B	0.05%
VITL	D	0.05%
MOV	C	0.05%
SMPL	B	0.05%
ROCK	C	0.05%
ARQT	C	0.05%
PD	C	0.05%
NUVL	D	0.05%
GEF	A	0.05%
CAKE	C	0.05%
FLGT	F	0.04%
OMI	F	0.04%
NEP	F	0.04%
FOXF	F	0.04%
BKD	D	0.04%
ARCT	F	0.04%
RXRX	F	0.04%
JAMF	F	0.04%
CAL	D	0.04%
GPRE	F	0.04%
RCUS	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%
NABL	F	0.04%
COUR	F	0.04%
SHC	F	0.04%
XRX	F	0.04%
CLDX	F	0.04%
EGY	D	0.04%
QS	F	0.04%
SIBN	F	0.04%
MLKN	D	0.04%
APGE	F	0.04%
HOUS	D	0.04%
PLUG	F	0.04%
CXM	C	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%
QDEL	F	0.04%
DYN	F	0.04%
MTUS	C	0.04%
ASH	D	0.04%
LESL	C	0.04%
PLRX	F	0.04%
TNDM	F	0.04%
NUVB	C	0.04%
IVR	F	0.04%
EWCZ	F	0.04%
MEI	D	0.04%
HL	D	0.04%
KSS	F	0.04%
GRBK	D	0.04%
PTEN	C	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%
AMN	F	0.04%
HZO	D	0.04%
NVCR	C	0.04%
NEOG	F	0.04%
CWT	D	0.04%
EPC	D	0.04%
AHH	D	0.04%
SWTX	C	0.04%
ARLO	C	0.04%
UCB	A	0.04%
THRM	D	0.04%
KRYS	B	0.04%
LEVI	F	0.04%
BRZE	C	0.04%
PRAA	C	0.04%
ARWR	F	0.04%
MEG	F	0.03%
ANAB	F	0.03%
HPP	F	0.03%
NVAX	F	0.03%
CNXC	F	0.03%
SITC	D	0.03%
RCKT	F	0.03%
CGEM	F	0.03%
CPRI	F	0.03%
MYGN	F	0.03%
CDNA	D	0.03%
BRY	F	0.03%
KELYA	F	0.03%
ETWO	F	0.03%
ALEC	F	0.03%
SVRA	D	0.03%
CRMT	C	0.03%
STAA	F	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%
MC	C	0.02%
SEDG	F	0.02%
NOVA	F	0.02%
ASPN	F	0.02%
VSAT	F	0.02%
DEI	B	0.02%
WOLF	F	0.02%
KURA	F	0.02%
GDOT	D	0.01%
MAGN	F	0.01%

ESML Underweight 163 Positions Relative to IWP

Symbol	Grade	Weight
PLTR	B	-4.32%
APP	B	-2.49%
TTD	B	-1.7%
AMP	A	-1.68%
COIN	C	-1.65%
VST	B	-1.6%
FICO	B	-1.48%
GWW	B	-1.45%
AXON	A	-1.41%
VRT	B	-1.41%
TRGP	B	-1.4%
ODFL	B	-1.38%
COR	B	-1.3%
VRSK	A	-1.3%
IT	C	-1.29%
FAST	B	-1.29%
DDOG	A	-1.23%
IDXX	F	-1.13%
HUBS	A	-1.08%
VEEV	C	-1.03%
HLT	A	-1.02%
ARES	A	-1.0%
DXCM	D	-0.99%
TSCO	D	-0.97%
CPNG	D	-0.93%
MPWR	F	-0.88%
NET	B	-0.88%
DECK	A	-0.87%
HES	B	-0.86%
ALNY	D	-0.86%
MSCI	C	-0.86%
RBLX	C	-0.85%
GDDY	A	-0.84%
TPL	A	-0.83%
CPAY	A	-0.81%
LNG	B	-0.81%
BR	A	-0.8%
SYY	B	-0.76%
LPLA	A	-0.76%
EXPE	B	-0.75%
TYL	B	-0.7%
CLX	B	-0.68%
LYV	A	-0.67%
LII	A	-0.64%
SQ	B	-0.64%
MDB	C	-0.64%
RCL	A	-0.62%
IRM	D	-0.62%
BAH	F	-0.62%
ZS	C	-0.6%
TOST	B	-0.59%
DKNG	B	-0.59%
PODD	C	-0.59%
BURL	A	-0.56%
CAH	B	-0.56%
LVS	C	-0.55%
HEI	B	-0.55%
PINS	D	-0.55%
PAYX	C	-0.54%
MANH	D	-0.54%
DOCU	A	-0.52%
DT	C	-0.5%
SPG	B	-0.49%
ULTA	F	-0.49%
TER	D	-0.48%
ENTG	D	-0.48%
PWR	A	-0.47%
YUM	B	-0.47%
PTC	A	-0.45%
WST	C	-0.45%
ROL	B	-0.45%
POOL	C	-0.44%
URI	B	-0.44%
WAT	B	-0.42%
PSTG	D	-0.42%
EQH	B	-0.41%
HEI	B	-0.39%
CDW	F	-0.39%
BRO	B	-0.38%
NBIX	C	-0.38%
VLTO	D	-0.37%
ROST	C	-0.35%
MOH	F	-0.35%
NTAP	C	-0.35%
DRI	B	-0.34%
ALGN	D	-0.32%
WSM	B	-0.32%
VMC	B	-0.31%
EME	C	-0.3%
SMCI	F	-0.3%
RMD	C	-0.3%
HPQ	B	-0.28%
EXEL	B	-0.27%
NRG	B	-0.26%
ENPH	F	-0.26%
ALL	A	-0.26%
DVA	B	-0.26%
PAYC	B	-0.23%
GLOB	B	-0.21%
FDS	B	-0.21%
BSY	D	-0.21%
AVY	D	-0.2%
FWONK	B	-0.2%
EFX	F	-0.2%
TW	A	-0.19%
MKL	A	-0.17%
DPZ	C	-0.17%
OKTA	C	-0.17%
CELH	F	-0.15%
ZBRA	B	-0.14%
AJG	B	-0.14%
RPM	A	-0.13%
IQV	D	-0.13%
EXAS	D	-0.12%
TWLO	A	-0.11%
MSTR	C	-0.11%
HSY	F	-0.11%
GEHC	F	-0.11%
LW	C	-0.11%
ROK	B	-0.1%
EG	C	-0.09%
UHAL	D	-0.09%
FERG	B	-0.09%
CSL	C	-0.09%
HWM	A	-0.09%
LAMR	D	-0.09%
EXPD	D	-0.09%
MLM	B	-0.07%
CE	F	-0.07%
CACC	D	-0.07%
PFGC	B	-0.06%
BLDR	D	-0.06%
EQT	B	-0.05%
JBL	B	-0.04%
DAY	B	-0.04%
ROKU	D	-0.04%
SN	D	-0.04%
TPG	A	-0.04%
ALLY	C	-0.04%
LOAR	A	-0.03%
EPAM	C	-0.03%
KMX	B	-0.03%
HLI	B	-0.03%
H	B	-0.03%
VRSN	F	-0.03%
DKS	C	-0.03%
DJT	C	-0.03%
TRU	D	-0.03%
MTDR	B	-0.02%
SAM	C	-0.02%
UI	A	-0.02%
FWONA	B	-0.02%
AAL	B	-0.02%
WYNN	D	-0.02%
SKX	D	-0.02%
INCY	C	-0.02%
PPC	C	-0.01%
UHAL	D	-0.01%
NFE	D	-0.01%
MSGS	A	-0.01%
UWMC	D	-0.01%
ALAB	B	-0.0%
TRIP	F	-0.0%