ESML vs. IWR ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to iShares Russell Mid-Cap ETF (IWR)

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

$44.63

Average Daily Volume

103,233

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

IWR

iShares Russell Mid-Cap ETF

IWR Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities. 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. The underlying index measures the performance of the mid-capitalization sector of the U.S. equity market. The underlying index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000Â® Index.

Grade (RS Rating)

Last Trade

$92.81

Average Daily Volume

1,400,234

Number of Holdings ^*

802

* may have additional holdings in another (foreign) market

Performance

Period	ESML	IWR
30 Days	5.98%	4.45%
60 Days	9.94%	8.30%
90 Days	14.58%	12.51%
12 Months	39.54%	37.62%

330 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in IWR	Overlap
AA	C	0.21%	0.09%	0.09%
AAON	B	0.22%	0.08%	0.08%
AAP	D	0.05%	0.02%	0.02%
ACHC	F	0.11%	0.03%	0.03%
ADC	B	0.11%	0.06%	0.06%
ADT	B	0.12%	0.02%	0.02%
AFRM	A	0.2%	0.09%	0.09%
AGCO	F	0.13%	0.05%	0.05%
AGNC	D	0.12%	0.06%	0.06%
AGO	B	0.05%	0.04%	0.04%
AL	B	0.1%	0.04%	0.04%
ALK	A	0.22%	0.05%	0.05%
ALSN	B	0.25%	0.08%	0.08%
AM	B	0.15%	0.04%	0.04%
AMED	F	0.09%	0.03%	0.03%
AMG	C	0.18%	0.05%	0.05%
AN	D	0.07%	0.03%	0.03%
APG	B	0.06%	0.07%	0.06%
APLS	F	0.03%	0.03%	0.03%
APPF	B	0.11%	0.04%	0.04%
AR	B	0.2%	0.07%	0.07%
ARMK	C	0.24%	0.08%	0.08%
ARW	F	0.09%	0.05%	0.05%
ASH	F	0.05%	0.03%	0.03%
ATI	D	0.14%	0.06%	0.06%
ATR	A	0.25%	0.09%	0.09%
AVT	C	0.28%	0.04%	0.04%
AWI	A	0.23%	0.05%	0.05%
AXS	B	0.18%	0.05%	0.05%
AXTA	B	0.26%	0.07%	0.07%
AYI	A	0.33%	0.08%	0.08%
AZEK	B	0.13%	0.06%	0.06%
AZTA	D	0.08%	0.02%	0.02%
BC	D	0.08%	0.05%	0.05%
BERY	C	0.17%	0.06%	0.06%
BFAM	F	0.23%	0.05%	0.05%
BILL	A	0.1%	0.06%	0.06%
BJ	B	0.27%	0.1%	0.1%
BLD	F	0.28%	0.09%	0.09%
BPOP	C	0.07%	0.05%	0.05%
BRBR	A	0.09%	0.07%	0.07%
BRKR	F	0.15%	0.05%	0.05%
BROS	B	0.05%	0.04%	0.04%
BRX	B	0.16%	0.07%	0.07%
BWA	B	0.18%	0.06%	0.06%
BWXT	A	0.28%	0.09%	0.09%
BYD	A	0.06%	0.04%	0.04%
CACI	B	0.25%	0.1%	0.1%
CAR	C	0.05%	0.01%	0.01%
CART	B	0.07%	0.07%	0.07%
CASY	A	0.52%	0.12%	0.12%
CAVA	B	0.13%	0.09%	0.09%
CBSH	A	0.21%	0.07%	0.07%
CC	D	0.06%	0.02%	0.02%
CCCS	B	0.07%	0.04%	0.04%
CFLT	B	0.14%	0.05%	0.05%
CFR	B	0.09%	0.07%	0.07%
CGNX	B	0.11%	0.06%	0.06%
CHDN	C	0.14%	0.08%	0.08%
CHE	D	0.13%	0.07%	0.07%
CHH	B	0.06%	0.03%	0.03%
CIEN	B	0.18%	0.08%	0.08%
CIVI	F	0.06%	0.04%	0.04%
CLF	D	0.07%	0.05%	0.05%
CLH	B	0.06%	0.11%	0.06%
CLVT	F	0.07%	0.02%	0.02%
CMA	B	0.19%	0.07%	0.07%
CNM	D	0.24%	0.07%	0.07%
CNXC	F	0.03%	0.02%	0.02%
COHR	B	0.27%	0.12%	0.12%
COKE	D	0.06%	0.06%	0.06%
COLB	B	0.12%	0.05%	0.05%
COLD	F	0.07%	0.05%	0.05%
COLM	B	0.07%	0.02%	0.02%
CPRI	F	0.03%	0.02%	0.02%
CR	B	0.19%	0.07%	0.07%
CRI	F	0.04%	0.01%	0.01%
CROX	F	0.16%	0.05%	0.05%
CRUS	F	0.15%	0.05%	0.05%
CUBE	D	0.21%	0.09%	0.09%
CUZ	C	0.22%	0.04%	0.04%
CVNA	B	0.48%	0.21%	0.21%
CW	B	0.24%	0.12%	0.12%
CWEN	D	0.06%	0.01%	0.01%
CWEN	D	0.07%	0.01%	0.01%
CWEN	D	0.06%	0.02%	0.02%
CWEN	D	0.07%	0.02%	0.02%
CZR	D	0.15%	0.07%	0.07%
DAR	B	0.19%	0.05%	0.05%
DBX	B	0.16%	0.05%	0.05%
DCI	A	0.25%	0.08%	0.08%
DLB	C	0.16%	0.04%	0.04%
DOCS	B	0.07%	0.06%	0.06%
DTM	A	0.27%	0.08%	0.08%
DUOL	B	0.18%	0.1%	0.1%
DV	C	0.09%	0.02%	0.02%
DXC	B	0.11%	0.03%	0.03%
ECG	C	0.14%	0.03%	0.03%
EGP	D	0.21%	0.07%	0.07%
EHC	B	0.3%	0.08%	0.08%
ELAN	D	0.15%	0.06%	0.06%
ELF	C	0.12%	0.05%	0.05%
ENOV	C	0.08%	0.02%	0.02%
EPR	D	0.06%	0.03%	0.03%
ESI	B	0.14%	0.05%	0.05%
ESTC	C	0.16%	0.06%	0.06%
ETSY	C	0.11%	0.05%	0.05%
EVR	B	0.11%	0.09%	0.09%
EWBC	A	0.39%	0.11%	0.11%
EXP	B	0.06%	0.08%	0.06%
FAF	D	0.16%	0.05%	0.05%
FCN	D	0.2%	0.06%	0.06%
FHN	B	0.21%	0.09%	0.09%
FIVE	F	0.11%	0.04%	0.04%
FIVN	C	0.06%	0.02%	0.02%
FIX	B	0.37%	0.13%	0.13%
FLO	F	0.05%	0.03%	0.03%
FLS	B	0.16%	0.06%	0.06%
FMC	F	0.17%	0.06%	0.06%
FND	F	0.22%	0.09%	0.09%
FOUR	B	0.06%	0.05%	0.05%
FR	D	0.09%	0.06%	0.06%
FRPT	B	0.2%	0.06%	0.06%
FRT	C	0.32%	0.08%	0.08%
FTI	B	0.34%	0.1%	0.1%
FTRE	D	0.04%	0.02%	0.02%
FYBR	D	0.13%	0.07%	0.07%
GAP	C	0.12%	0.04%	0.04%
GL	B	0.12%	0.08%	0.08%
GME	C	0.19%	0.08%	0.08%
GMED	B	0.1%	0.07%	0.07%
GNRC	B	0.22%	0.09%	0.09%
GO	D	0.04%	0.01%	0.01%
GPK	D	0.27%	0.07%	0.07%
GTES	B	0.07%	0.03%	0.03%
GTLB	C	0.15%	0.06%	0.06%
GWRE	A	0.43%	0.13%	0.13%
GXO	B	0.16%	0.06%	0.06%
HAS	D	0.21%	0.07%	0.07%
HAYW	C	0.05%	0.02%	0.02%
HCP	A	0.1%	0.04%	0.04%
HHH	B	0.21%	0.02%	0.02%
HIW	D	0.14%	0.03%	0.03%
HOG	F	0.2%	0.03%	0.03%
HR	C	0.09%	0.05%	0.05%
HRB	D	0.2%	0.07%	0.07%
HXL	D	0.14%	0.04%	0.04%
IBKR	A	0.29%	0.15%	0.15%
INFA	D	0.05%	0.01%	0.01%
INGR	B	0.45%	0.08%	0.08%
INSP	D	0.1%	0.05%	0.05%
IONS	F	0.05%	0.05%	0.05%
IRDM	C	0.12%	0.03%	0.03%
ITCI	B	0.16%	0.08%	0.08%
ITT	A	0.28%	0.1%	0.1%
IVZ	C	0.25%	0.05%	0.05%
JAZZ	B	0.15%	0.06%	0.06%
JEF	B	0.1%	0.1%	0.1%
JHG	B	0.49%	0.05%	0.05%
JLL	C	0.38%	0.1%	0.1%
JWN	B	0.06%	0.02%	0.02%
KBR	B	0.41%	0.08%	0.08%
KD	B	0.09%	0.05%	0.05%
KMPR	A	0.05%	0.03%	0.03%
KNSL	C	0.18%	0.08%	0.08%
KRC	C	0.11%	0.04%	0.04%
KSS	F	0.05%	0.02%	0.02%
LAD	B	0.21%	0.08%	0.08%
LAZ	B	0.16%	0.05%	0.05%
LBRDA	B	0.12%	0.01%	0.01%
LBRDK	B	0.07%	0.09%	0.07%
LCID	F	0.06%	0.02%	0.02%
LEA	F	0.11%	0.04%	0.04%
LECO	B	0.2%	0.1%	0.1%
LEG	F	0.06%	0.01%	0.01%
LFUS	D	0.14%	0.05%	0.05%
LITE	B	0.08%	0.05%	0.05%
LNC	B	0.09%	0.04%	0.04%
LNW	C	0.2%	0.08%	0.08%
LOPE	B	0.05%	0.04%	0.04%
LPX	A	0.17%	0.06%	0.06%
LSCC	C	0.16%	0.06%	0.06%
LSTR	B	0.21%	0.06%	0.06%
LYFT	B	0.09%	0.05%	0.05%
M	D	0.13%	0.03%	0.03%
MAN	F	0.07%	0.02%	0.02%
MASI	B	0.06%	0.06%	0.06%
MAT	C	0.14%	0.05%	0.05%
MDU	F	0.17%	0.03%	0.03%
MEDP	D	0.15%	0.07%	0.07%
MHK	D	0.07%	0.06%	0.06%
MKSI	D	0.13%	0.06%	0.06%
MORN	A	0.18%	0.08%	0.08%
MPW	F	0.05%	0.02%	0.02%
MSA	D	0.17%	0.05%	0.05%
MTG	D	0.23%	0.05%	0.05%
MTN	D	0.2%	0.05%	0.05%
MTSI	B	0.08%	0.06%	0.06%
MTZ	B	0.18%	0.07%	0.07%
MUSA	B	0.33%	0.08%	0.08%
NCLH	A	0.24%	0.09%	0.09%
NCNO	B	0.05%	0.03%	0.03%
NFG	C	0.21%	0.04%	0.04%
NOV	D	0.15%	0.05%	0.05%
NTNX	B	0.34%	0.14%	0.14%
NTRA	B	0.26%	0.12%	0.12%
NVST	C	0.06%	0.03%	0.03%
NVT	B	0.19%	0.1%	0.1%
NWL	B	0.1%	0.03%	0.03%
NXST	C	0.1%	0.04%	0.04%
NYT	C	0.18%	0.07%	0.07%
OGN	F	0.09%	0.03%	0.03%
OHI	B	0.2%	0.08%	0.08%
OLED	F	0.09%	0.07%	0.07%
OLLI	D	0.12%	0.05%	0.05%
OMF	B	0.19%	0.05%	0.05%
ONTO	F	0.23%	0.07%	0.07%
ORI	A	0.13%	0.07%	0.07%
OSK	B	0.29%	0.06%	0.06%
OWL	B	0.06%	0.09%	0.06%
OZK	B	0.13%	0.04%	0.04%
PATH	C	0.11%	0.05%	0.05%
PCOR	B	0.16%	0.06%	0.06%
PCTY	A	0.2%	0.08%	0.08%
PEGA	A	0.1%	0.03%	0.03%
PEN	B	0.17%	0.07%	0.07%
PENN	B	0.04%	0.03%	0.03%
PINC	B	0.14%	0.02%	0.02%
PK	B	0.06%	0.02%	0.02%
PLNT	B	0.17%	0.07%	0.07%
PNFP	B	0.27%	0.07%	0.07%
POST	D	0.09%	0.04%	0.04%
PR	B	0.18%	0.08%	0.08%
PRGO	C	0.07%	0.03%	0.03%
PRI	A	0.22%	0.08%	0.08%
PSN	A	0.12%	0.04%	0.04%
PVH	C	0.16%	0.05%	0.05%
PYCR	C	0.06%	0.01%	0.01%
QDEL	F	0.04%	0.02%	0.02%
QS	F	0.04%	0.01%	0.01%
R	B	0.28%	0.06%	0.06%
RARE	F	0.07%	0.04%	0.04%
RCM	B	0.06%	0.02%	0.02%
REXR	F	0.33%	0.08%	0.08%
RGA	A	0.29%	0.12%	0.12%
RGEN	D	0.17%	0.06%	0.06%
RGLD	C	0.32%	0.08%	0.08%
RH	B	0.07%	0.04%	0.04%
RHI	B	0.2%	0.06%	0.06%
RKT	D	0.05%	0.02%	0.02%
RL	B	0.09%	0.07%	0.07%
RLI	A	0.19%	0.06%	0.06%
RNG	C	0.06%	0.03%	0.03%
RNR	D	0.26%	0.11%	0.11%
ROIV	D	0.06%	0.04%	0.04%
RRC	B	0.24%	0.06%	0.06%
RRX	C	0.15%	0.09%	0.09%
RYAN	B	0.14%	0.06%	0.06%
RYN	F	0.05%	0.04%	0.04%
S	B	0.12%	0.06%	0.06%
SAIA	B	0.27%	0.12%	0.12%
SCI	B	0.27%	0.1%	0.1%
SEE	C	0.07%	0.04%	0.04%
SF	A	0.16%	0.09%	0.09%
SHC	D	0.05%	0.02%	0.02%
SITE	C	0.17%	0.05%	0.05%
SLM	B	0.15%	0.04%	0.04%
SMAR	B	0.14%	0.06%	0.06%
SNDR	A	0.19%	0.01%	0.01%
SNV	B	0.28%	0.07%	0.07%
SNX	C	0.08%	0.08%	0.08%
SOFI	B	0.18%	0.11%	0.11%
SON	F	0.12%	0.04%	0.04%
SPB	A	0.08%	0.02%	0.02%
SPR	F	0.06%	0.03%	0.03%
SRPT	F	0.21%	0.09%	0.09%
SSD	D	0.1%	0.07%	0.07%
ST	F	0.08%	0.04%	0.04%
STWD	D	0.1%	0.05%	0.05%
TDC	D	0.1%	0.02%	0.02%
THC	B	0.25%	0.13%	0.13%
THG	A	0.17%	0.05%	0.05%
THO	B	0.13%	0.05%	0.05%
TKO	D	0.17%	0.08%	0.08%
TNL	A	0.15%	0.03%	0.03%
TOL	B	0.27%	0.13%	0.13%
TPR	B	0.25%	0.1%	0.1%
TPX	C	0.13%	0.07%	0.07%
TREX	C	0.07%	0.06%	0.06%
TTEK	C	0.2%	0.1%	0.1%
TXG	F	0.04%	0.01%	0.01%
TXRH	B	0.1%	0.11%	0.1%
U	D	0.1%	0.05%	0.05%
UAA	B	0.05%	0.01%	0.01%
UGI	D	0.25%	0.04%	0.04%
UNM	A	0.23%	0.09%	0.09%
USFD	A	0.48%	0.12%	0.12%
VAC	B	0.07%	0.03%	0.03%
VFC	C	0.2%	0.06%	0.06%
VKTX	D	0.14%	0.06%	0.06%
VMI	B	0.13%	0.06%	0.06%
VNO	C	0.09%	0.07%	0.07%
VNOM	C	0.07%	0.04%	0.04%
VNT	B	0.15%	0.05%	0.05%
VOYA	A	0.16%	0.07%	0.07%
VSTS	D	0.05%	0.02%	0.02%
VVV	B	0.17%	0.05%	0.05%
W	F	0.07%	0.03%	0.03%
WAL	B	0.21%	0.08%	0.08%
WBS	B	0.24%	0.08%	0.08%
WCC	B	0.22%	0.07%	0.07%
WEN	C	0.1%	0.03%	0.03%
WEX	D	0.24%	0.06%	0.06%
WFRD	D	0.16%	0.05%	0.05%
WH	A	0.14%	0.06%	0.06%
WHR	B	0.19%	0.05%	0.05%
WING	D	0.18%	0.08%	0.08%
WMS	F	0.26%	0.08%	0.08%
WOLF	F	0.05%	0.01%	0.01%
WSC	F	0.19%	0.06%	0.06%
WTFC	A	0.07%	0.07%	0.07%
WTM	A	0.13%	0.04%	0.04%
WU	F	0.07%	0.02%	0.02%
WWD	B	0.19%	0.09%	0.09%
X	B	0.15%	0.07%	0.07%
XPO	B	0.32%	0.14%	0.14%
XRAY	F	0.07%	0.03%	0.03%
YETI	C	0.12%	0.03%	0.03%
ZI	C	0.1%	0.03%	0.03%
ZION	B	0.18%	0.07%	0.07%

ESML Overweight 576 Positions Relative to IWR

Symbol	Grade	Weight
SFM	B	0.43%
FLEX	B	0.33%
OGS	B	0.31%
BMI	B	0.29%
SUM	B	0.28%
GBCI	B	0.28%
CNX	B	0.27%
SIGI	B	0.27%
SSB	B	0.26%
HRI	B	0.25%
UMBF	B	0.25%
PCVX	D	0.25%
MWA	B	0.24%
EXLS	A	0.23%
MOG.A	B	0.23%
CDP	C	0.23%
PRGS	A	0.23%
KBH	D	0.22%
FTAI	B	0.22%
FTDR	B	0.22%
ENSG	C	0.22%
ZWS	B	0.21%
INSM	D	0.21%
CMC	B	0.21%
CVLT	B	0.21%
FELE	B	0.21%
NJR	B	0.21%
BDC	B	0.2%
ITRI	B	0.2%
WTS	B	0.2%
CNO	B	0.19%
WK	B	0.19%
BHLB	B	0.19%
REZI	A	0.19%
ENLC	B	0.19%
FBP	B	0.19%
AVA	D	0.19%
RHP	B	0.19%
NOVT	C	0.19%
PCH	F	0.18%
TMHC	C	0.18%
MTH	D	0.18%
GPI	B	0.18%
EPRT	C	0.18%
TGNA	B	0.18%
GATX	B	0.17%
AEIS	B	0.17%
ONB	A	0.17%
LUMN	B	0.17%
GKOS	A	0.17%
PLXS	B	0.17%
SPXC	B	0.17%
SPSC	D	0.16%
UBSI	B	0.16%
FN	B	0.16%
CHX	D	0.16%
BANR	B	0.16%
BHE	B	0.16%
KNTK	B	0.16%
BCC	B	0.16%
ASB	B	0.16%
ALTR	C	0.15%
CRS	B	0.15%
ANF	D	0.15%
HNI	B	0.15%
JXN	B	0.15%
ASGN	B	0.15%
MYRG	B	0.15%
MMSI	A	0.15%
MOD	C	0.15%
KTB	B	0.15%
HQY	A	0.15%
LNTH	F	0.15%
EAT	A	0.15%
ACIW	B	0.15%
SR	C	0.14%
BCPC	B	0.14%
RMBS	C	0.14%
ACA	B	0.14%
IDCC	A	0.14%
KLIC	B	0.14%
AVAV	C	0.14%
VLY	B	0.14%
FIBK	B	0.14%
TPH	D	0.14%
FSS	C	0.14%
NSIT	F	0.14%
PDCO	D	0.14%
CRDO	B	0.13%
CABO	C	0.13%
HALO	B	0.13%
HASI	F	0.13%
EPAC	B	0.13%
LRN	B	0.13%
MUR	F	0.13%
IBCP	B	0.13%
ITGR	B	0.13%
HESM	D	0.13%
CPK	B	0.13%
CYTK	C	0.13%
SWX	B	0.13%
KNF	C	0.13%
BOX	B	0.13%
CPF	B	0.13%
BECN	B	0.13%
CBT	B	0.13%
CADE	B	0.13%
PRIM	B	0.13%
NXT	D	0.12%
BLKB	C	0.12%
AIT	A	0.12%
ABG	B	0.12%
WHD	B	0.12%
WGO	B	0.12%
XENE	B	0.12%
SHOO	D	0.12%
MTX	B	0.12%
WERN	B	0.12%
NPO	B	0.12%
GTLS	A	0.12%
HAE	B	0.11%
TRNO	D	0.11%
SLG	C	0.11%
PFSI	D	0.11%
QTWO	B	0.11%
IBP	F	0.11%
LCII	D	0.11%
BHVN	C	0.11%
KOS	F	0.11%
VECO	F	0.11%
WDFC	A	0.11%
CRNX	B	0.11%
CCOI	C	0.11%
ALTM	C	0.11%
FULT	B	0.11%
ORA	C	0.11%
ECPG	B	0.11%
FLR	C	0.11%
DFIN	D	0.11%
STRL	B	0.11%
IMAX	B	0.1%
POWL	B	0.1%
PRCT	B	0.1%
VC	D	0.1%
CSGS	B	0.1%
MRCY	B	0.1%
SJW	D	0.1%
CRC	B	0.1%
AMAL	B	0.1%
SCL	C	0.1%
KAR	A	0.1%
FA	D	0.1%
ERII	B	0.1%
AUB	B	0.1%
RVMD	B	0.1%
SIG	B	0.1%
APAM	B	0.1%
ABCB	B	0.1%
RXO	C	0.1%
CVBF	B	0.1%
ALKS	B	0.1%
DNLI	B	0.1%
DRS	B	0.1%
FUL	F	0.1%
DY	C	0.1%
RDUS	C	0.1%
EFSC	B	0.1%
RDN	C	0.09%
MIR	C	0.09%
CRSP	C	0.09%
KFY	B	0.09%
EWTX	B	0.09%
UNIT	B	0.09%
CRVL	B	0.09%
ESE	B	0.09%
ABM	B	0.09%
ICFI	C	0.09%
AEO	F	0.09%
PJT	B	0.09%
MGRC	B	0.09%
AROC	B	0.09%
NMIH	D	0.09%
RDNT	B	0.09%
CURB	C	0.09%
SLAB	F	0.09%
SHAK	B	0.09%
TRN	A	0.09%
BRC	B	0.09%
OPCH	F	0.09%
CAC	B	0.09%
ATKR	C	0.09%
TENB	D	0.09%
UNFI	B	0.08%
TILE	B	0.08%
CWK	B	0.08%
PLMR	C	0.08%
PRKS	B	0.08%
AUR	C	0.08%
BWIN	D	0.08%
EVRI	A	0.08%
TDS	B	0.08%
ALG	B	0.08%
BXMT	C	0.08%
ICUI	C	0.08%
RUN	F	0.08%
RNA	B	0.08%
SBRA	B	0.08%
BOH	B	0.08%
BPMC	B	0.08%
NTGR	B	0.08%
STC	C	0.08%
RNST	B	0.08%
TEX	C	0.08%
LBPH	A	0.08%
TARS	B	0.08%
PI	D	0.08%
CNK	A	0.08%
GVA	B	0.08%
RKLB	B	0.08%
LNN	B	0.08%
HWC	B	0.08%
MAC	B	0.08%
JBT	C	0.08%
MNKD	C	0.07%
VITL	F	0.07%
PAYO	B	0.07%
PAR	A	0.07%
CCS	F	0.07%
SG	C	0.07%
UPST	B	0.07%
KREF	D	0.07%
AVNT	B	0.07%
UEC	B	0.07%
MRUS	C	0.07%
CALX	F	0.07%
WD	C	0.07%
NARI	C	0.07%
AAT	C	0.07%
HBI	B	0.07%
ESNT	D	0.07%
PHAT	F	0.07%
PDM	C	0.07%
HAIN	F	0.07%
GT	C	0.07%
PLUS	D	0.07%
COMP	B	0.07%
ENR	B	0.07%
PECO	B	0.07%
EYE	D	0.07%
VRDN	C	0.07%
XHR	B	0.07%
AMN	F	0.07%
SONO	C	0.07%
VCTR	B	0.07%
BDN	D	0.07%
TNET	D	0.07%
ROG	D	0.07%
INTA	B	0.07%
SASR	B	0.07%
HIMS	B	0.07%
ESRT	D	0.07%
SEM	B	0.07%
DEA	D	0.07%
KTOS	B	0.07%
ZD	B	0.07%
CTS	B	0.07%
VSEC	A	0.07%
AZZ	B	0.07%
IOSP	B	0.07%
TBBK	B	0.07%
INDB	B	0.07%
PRVA	B	0.07%
ACLX	B	0.07%
BL	B	0.07%
NWN	B	0.07%
IESC	B	0.07%
KOP	D	0.07%
PIPR	B	0.07%
MARA	C	0.07%
PLYA	B	0.07%
ATRC	B	0.07%
ALHC	C	0.07%
OUT	C	0.07%
SXT	B	0.07%
VVX	B	0.07%
CHWY	B	0.07%
AMWD	B	0.07%
SFBS	B	0.06%
RBBN	B	0.06%
NRIX	B	0.06%
ADUS	D	0.06%
VBTX	B	0.06%
SLVM	C	0.06%
ANDE	D	0.06%
PTCT	B	0.06%
PLUG	D	0.06%
VERA	B	0.06%
PPBI	B	0.06%
MHO	D	0.06%
GERN	D	0.06%
CRAI	B	0.06%
AORT	C	0.06%
VRRM	F	0.06%
GH	B	0.06%
APGE	B	0.06%
PLAY	C	0.06%
NUVL	D	0.06%
ROCK	B	0.06%
OMCL	C	0.06%
PTGX	C	0.06%
RUSHB	B	0.06%
ALKT	C	0.06%
IBOC	B	0.06%
SM	C	0.06%
VERX	B	0.06%
MOV	C	0.06%
VVI	B	0.06%
EXPO	D	0.06%
CAKE	B	0.06%
IART	C	0.06%
JANX	C	0.06%
FROG	C	0.06%
ADMA	B	0.06%
LXP	D	0.06%
EWCZ	C	0.06%
FFIN	B	0.06%
HI	C	0.06%
KVYO	C	0.06%
FUN	C	0.06%
TALO	B	0.06%
UFPT	B	0.06%
PNTG	D	0.06%
ELVN	C	0.06%
PAHC	B	0.06%
VREX	C	0.06%
TDOC	C	0.06%
BOOT	D	0.06%
CBU	B	0.06%
PEB	D	0.06%
HELE	C	0.06%
MODG	F	0.06%
EE	B	0.06%
POWI	C	0.06%
HGV	B	0.06%
MBUU	C	0.06%
SMTC	B	0.06%
MDGL	B	0.06%
AVPT	A	0.06%
IRON	B	0.06%
HURN	B	0.06%
CLB	B	0.06%
OII	B	0.06%
JBGS	F	0.06%
FL	D	0.06%
BANC	B	0.06%
UPBD	B	0.06%
KROS	B	0.06%
IDYA	D	0.06%
VRNS	D	0.06%
VSCO	B	0.06%
HWKN	C	0.06%
CMP	D	0.06%
HAFC	B	0.06%
SKT	A	0.06%
KE	C	0.06%
GBX	A	0.06%
ENV	B	0.06%
CALM	A	0.06%
ZYME	A	0.06%
CLNE	C	0.06%
WRBY	A	0.06%
SATS	C	0.06%
ALEC	C	0.05%
JAMF	F	0.05%
HZO	D	0.05%
KLG	D	0.05%
MLTX	C	0.05%
IMVT	D	0.05%
PFS	B	0.05%
DOCN	D	0.05%
ZEUS	C	0.05%
INVX	D	0.05%
ASAN	C	0.05%
PLOW	D	0.05%
CWT	D	0.05%
CUBI	B	0.05%
DNOW	B	0.05%
BEAM	C	0.05%
ARCB	C	0.05%
MMS	C	0.05%
LESL	D	0.05%
LGF.A	C	0.05%
WNC	C	0.05%
BBIO	F	0.05%
BE	C	0.05%
DLX	B	0.05%
AHH	D	0.05%
NEP	F	0.05%
ACEL	C	0.05%
EPC	F	0.05%
RAMP	C	0.05%
GRBK	D	0.05%
TNDM	F	0.05%
AMBC	C	0.05%
NEOG	D	0.05%
COGT	D	0.05%
DGII	B	0.05%
FLGT	F	0.05%
REVG	B	0.05%
FFBC	B	0.05%
FLG	C	0.05%
CDE	D	0.05%
THRM	D	0.05%
PBI	B	0.05%
MRC	B	0.05%
AGYS	B	0.05%
ICHR	C	0.05%
KELYA	F	0.05%
FRSH	C	0.05%
BNL	D	0.05%
SIBN	C	0.05%
NABL	F	0.05%
SNDX	D	0.05%
ASTE	B	0.05%
MNRO	B	0.05%
AGIO	B	0.05%
TGTX	B	0.05%
PSMT	D	0.05%
LEVI	F	0.05%
HL	D	0.05%
VYX	B	0.05%
MTTR	B	0.05%
CPRX	B	0.05%
ETNB	D	0.05%
AVDX	C	0.05%
NEO	C	0.05%
TGI	B	0.05%
WKC	D	0.05%
THS	F	0.05%
MXL	C	0.05%
PGRE	B	0.05%
OSCR	F	0.05%
ARVN	D	0.05%
TROX	F	0.05%
PLRX	C	0.05%
WT	B	0.05%
SMPL	B	0.05%
FLYW	C	0.05%
ARKO	B	0.05%
TMDX	F	0.05%
ESTA	D	0.05%
AI	C	0.05%
PDFS	B	0.05%
SBH	C	0.05%
SKY	C	0.05%
GEF	A	0.05%
MLNK	B	0.05%
CNMD	C	0.05%
MMI	B	0.05%
EDR	C	0.05%
XPRO	F	0.05%
TWST	C	0.05%
AWR	B	0.05%
LIVN	D	0.05%
GEF	A	0.05%
SMP	B	0.05%
PRG	C	0.05%
HLIT	D	0.05%
ARQT	C	0.05%
VRTS	B	0.05%
CWAN	B	0.05%
SLNO	B	0.05%
DCO	C	0.05%
VRNT	D	0.05%
NBHC	B	0.05%
ATEN	A	0.05%
PRO	C	0.05%
INFN	C	0.05%
CMCO	C	0.05%
EMBC	B	0.05%
MTRN	B	0.05%
ARWR	C	0.05%
CBZ	B	0.05%
AIR	C	0.05%
GOGO	C	0.05%
ZUO	C	0.05%
AXSM	B	0.05%
YELP	C	0.05%
PBF	F	0.05%
COOP	B	0.05%
PRAA	C	0.05%
NBTB	B	0.05%
RUSHA	B	0.05%
ATGE	B	0.05%
TNC	F	0.05%
RXST	F	0.05%
CSTL	C	0.05%
ACVA	C	0.05%
BGC	B	0.05%
BKU	B	0.05%
HCC	C	0.05%
PD	C	0.05%
KYMR	B	0.05%
ETWO	D	0.04%
OMI	F	0.04%
CAL	D	0.04%
FNA	C	0.04%
DK	D	0.04%
FORM	D	0.04%
CXM	C	0.04%
SAVA	D	0.04%
SVRA	D	0.04%
NUVB	C	0.04%
MEG	F	0.04%
MYGN	F	0.04%
SPT	D	0.04%
CCRN	F	0.04%
HOUS	F	0.04%
STAA	F	0.04%
XRX	F	0.04%
CLDX	F	0.04%
FOXF	F	0.04%
UCB	B	0.04%
BRZE	C	0.04%
SWTX	D	0.04%
NTLA	F	0.04%
EGY	F	0.04%
ARCT	F	0.04%
MLKN	D	0.04%
RCUS	C	0.04%
KURA	D	0.04%
PRTA	F	0.04%
BRY	F	0.04%
CLW	F	0.04%
DYN	D	0.04%
PTEN	D	0.04%
HPP	F	0.04%
COUR	F	0.04%
AMC	C	0.04%
RCKT	F	0.04%
MTUS	C	0.04%
MEI	F	0.04%
CECO	D	0.04%
CGEM	F	0.04%
CLSK	C	0.04%
TMCI	C	0.04%
HLX	D	0.04%
ARLO	D	0.04%
BASE	C	0.04%
AXL	C	0.04%
GPRE	F	0.04%
BKD	F	0.04%
MGNI	A	0.04%
IVR	D	0.04%
KRYS	B	0.04%
PGNY	F	0.04%
NVCR	C	0.04%
XPEL	C	0.04%
ALRM	C	0.04%
RXRX	C	0.04%
ANAB	F	0.03%
AGL	F	0.03%
VSAT	F	0.03%
ASPN	F	0.03%
MQ	F	0.03%
SITC	D	0.03%
CRMT	F	0.03%
CDNA	D	0.03%
SEDG	F	0.03%
NVAX	F	0.03%
JELD	F	0.03%
NOVA	F	0.03%
MAGN	F	0.02%
MC	B	0.02%
DEI	C	0.02%
GDOT	C	0.01%

ESML Underweight 474 Positions Relative to IWR

Symbol	Grade	Weight
PLTR	B	-0.95%
APP	A	-0.62%
WMB	A	-0.56%
AJG	B	-0.52%
OKE	A	-0.51%
AFL	C	-0.49%
HLT	A	-0.49%
DLR	B	-0.48%
SPG	B	-0.47%
URI	B	-0.47%
BK	B	-0.46%
TTD	A	-0.45%
AMP	A	-0.45%
FICO	A	-0.45%
RCL	A	-0.43%
COIN	B	-0.43%
ALL	A	-0.42%
KMI	A	-0.42%
GWW	B	-0.42%
O	D	-0.41%
DHI	D	-0.41%
VST	B	-0.4%
LHX	B	-0.4%
FIS	C	-0.4%
FAST	B	-0.39%
PAYX	B	-0.39%
PWR	B	-0.39%
CMI	B	-0.39%
LNG	B	-0.38%
ROST	F	-0.38%
KVUE	A	-0.37%
MSCI	B	-0.37%
CCI	F	-0.37%
HWM	B	-0.37%
PCG	A	-0.36%
AME	A	-0.36%
ODFL	B	-0.36%
VRT	B	-0.36%
PEG	D	-0.35%
BKR	B	-0.35%
AXON	B	-0.35%
DFS	B	-0.35%
PRU	B	-0.35%
IR	A	-0.34%
SQ	A	-0.34%
CBRE	B	-0.34%
FERG	B	-0.34%
EA	A	-0.34%
TRGP	A	-0.34%
MSTR	A	-0.34%
OTIS	D	-0.33%
VRSK	A	-0.33%
CTVA	C	-0.33%
LEN	D	-0.33%
IT	A	-0.33%
COR	A	-0.33%
DAL	A	-0.32%
IQV	F	-0.32%
HES	C	-0.32%
KR	A	-0.32%
CTSH	A	-0.32%
A	F	-0.32%
GEHC	D	-0.31%
MLM	B	-0.31%
NUE	C	-0.31%
EXC	D	-0.31%
SYY	B	-0.31%
MCHP	F	-0.31%
YUM	B	-0.31%
VMC	B	-0.31%
GIS	F	-0.3%
RMD	B	-0.3%
ACGL	D	-0.3%
CHTR	B	-0.3%
DDOG	C	-0.3%
GLW	B	-0.3%
XEL	A	-0.3%
DD	D	-0.29%
IDXX	D	-0.29%
MPWR	F	-0.29%
HPQ	B	-0.29%
ED	D	-0.28%
FANG	D	-0.28%
HIG	C	-0.28%
VEEV	B	-0.28%
HUM	F	-0.28%
MTB	B	-0.28%
IRM	C	-0.28%
ALNY	D	-0.28%
EXR	D	-0.28%
WAB	B	-0.28%
VICI	D	-0.27%
GRMN	A	-0.27%
AVB	B	-0.27%
EFX	D	-0.27%
FITB	A	-0.26%
CNC	F	-0.26%
EIX	D	-0.26%
ETR	B	-0.26%
HUBS	A	-0.26%
WTW	A	-0.26%
NDAQ	B	-0.26%
DOW	F	-0.26%
TTWO	A	-0.25%
WEC	B	-0.25%
TSCO	D	-0.25%
ARES	B	-0.25%
ROK	B	-0.25%
EBAY	D	-0.25%
CSGP	D	-0.25%
PPG	F	-0.24%
CAH	B	-0.24%
ANSS	B	-0.24%
RJF	A	-0.24%
XYL	D	-0.24%
ON	D	-0.24%
EQR	D	-0.23%
CPNG	C	-0.23%
DXCM	C	-0.23%
GPN	B	-0.23%
STT	B	-0.23%
HPE	B	-0.23%
UAL	A	-0.23%
KEYS	B	-0.23%
AWK	D	-0.22%
DECK	B	-0.22%
LDOS	A	-0.22%
NVR	D	-0.22%
RBLX	A	-0.22%
CDW	F	-0.22%
BRO	A	-0.22%
SW	C	-0.22%
NET	C	-0.22%
PHM	D	-0.22%
DOV	A	-0.22%
MTD	F	-0.22%
NTAP	C	-0.21%
HSY	D	-0.21%
TROW	B	-0.21%
HAL	D	-0.21%
TPL	A	-0.21%
FCNCA	B	-0.21%
CHD	B	-0.21%
VLTO	D	-0.21%
VTR	C	-0.21%
BR	A	-0.21%
TYL	B	-0.21%
FTV	D	-0.21%
EQT	A	-0.2%
DTE	D	-0.2%
PPL	A	-0.2%
DVN	F	-0.2%
ADM	F	-0.2%
HBAN	A	-0.2%
CPAY	A	-0.2%
HUBB	B	-0.2%
BIIB	F	-0.2%
GDDY	A	-0.2%
SYF	B	-0.2%
PTC	B	-0.19%
EXPE	B	-0.19%
LPLA	A	-0.19%
WY	F	-0.19%
BAH	C	-0.19%
WST	C	-0.19%
RF	A	-0.19%
IFF	F	-0.19%
EME	B	-0.19%
FE	D	-0.19%
AEE	A	-0.19%
CCL	A	-0.19%
SBAC	D	-0.19%
ILMN	C	-0.19%
ATO	A	-0.18%
STLD	B	-0.18%
ZBH	C	-0.18%
LYB	F	-0.18%
WBD	C	-0.18%
TDY	A	-0.18%
WAT	B	-0.18%
WDC	D	-0.18%
CINF	A	-0.18%
LH	B	-0.17%
ZBRA	A	-0.17%
MDB	C	-0.17%
CLX	B	-0.17%
INVH	D	-0.17%
FSLR	F	-0.17%
TRU	D	-0.17%
CBOE	D	-0.17%
CFG	B	-0.17%
CSL	C	-0.17%
NTRS	A	-0.17%
EXE	A	-0.17%
MKL	A	-0.17%
K	A	-0.17%
PKG	B	-0.17%
ZM	A	-0.17%
BLDR	D	-0.17%
STE	F	-0.17%
ES	F	-0.17%
BBY	D	-0.16%
CNP	B	-0.16%
ESS	C	-0.16%
LYV	A	-0.16%
MKC	D	-0.16%
PFG	C	-0.16%
ARE	F	-0.16%
IP	B	-0.16%
NRG	B	-0.16%
DRI	B	-0.16%
CMS	D	-0.16%
LII	B	-0.16%
COO	D	-0.16%
HOOD	B	-0.16%
OMC	B	-0.16%
UTHR	B	-0.15%
ZS	B	-0.15%
HOLX	D	-0.15%
FDS	A	-0.15%
DKNG	B	-0.15%
J	B	-0.15%
CTRA	C	-0.15%
WSO	A	-0.15%
RS	B	-0.15%
ULTA	C	-0.15%
MAA	C	-0.15%
BALL	D	-0.15%
SNA	A	-0.15%
PODD	B	-0.15%
LUV	B	-0.15%
MOH	F	-0.15%
TOST	A	-0.14%
BURL	C	-0.14%
TSN	C	-0.14%
FWONK	C	-0.14%
DG	F	-0.14%
EXPD	F	-0.14%
GPC	D	-0.14%
RPM	B	-0.14%
PNR	B	-0.14%
IEX	B	-0.14%
TER	D	-0.14%
MANH	C	-0.14%
PINS	D	-0.14%
KEY	B	-0.14%
BAX	F	-0.14%
TRMB	B	-0.14%
DGX	A	-0.14%
WRB	B	-0.14%
MAS	D	-0.14%
LVS	C	-0.14%
SUI	F	-0.13%
VRSN	C	-0.13%
DT	C	-0.13%
TWLO	B	-0.13%
JBHT	B	-0.13%
ENTG	D	-0.13%
EG	D	-0.13%
DOC	C	-0.13%
DPZ	C	-0.13%
MRO	B	-0.13%
GEN	A	-0.13%
SSNC	C	-0.13%
DOCU	A	-0.13%
NI	A	-0.13%
PSTG	D	-0.13%
TXT	D	-0.13%
AVY	F	-0.13%
KIM	B	-0.13%
OC	B	-0.13%
WSM	F	-0.13%
HEI	C	-0.13%
ALGN	D	-0.13%
EQH	B	-0.12%
SWKS	F	-0.12%
UDR	D	-0.12%
AMCR	D	-0.12%
GGG	B	-0.12%
LNT	C	-0.12%
NDSN	B	-0.12%
L	B	-0.12%
ACM	B	-0.12%
JBL	B	-0.12%
RVTY	C	-0.12%
FNF	C	-0.12%
CF	B	-0.12%
VTRS	B	-0.12%
TW	B	-0.12%
APTV	F	-0.12%
AVTR	F	-0.12%
BXP	D	-0.11%
GLPI	D	-0.11%
JKHY	C	-0.11%
PFGC	B	-0.11%
ELS	C	-0.11%
INCY	B	-0.11%
AKAM	F	-0.11%
CAG	F	-0.11%
REG	B	-0.11%
SWK	F	-0.11%
POOL	D	-0.11%
EVRG	A	-0.11%
ROL	B	-0.11%
FFIV	B	-0.11%
TECH	C	-0.1%
ALB	C	-0.1%
EMN	D	-0.1%
SJM	F	-0.1%
KMX	C	-0.1%
UHS	D	-0.1%
SMCI	F	-0.1%
BG	D	-0.1%
DAY	B	-0.1%
OKTA	C	-0.1%
WPC	F	-0.1%
DLTR	F	-0.1%
AMH	D	-0.1%
CPT	D	-0.1%
NBIX	C	-0.1%
HST	C	-0.1%
ALLE	D	-0.1%
CHRW	B	-0.1%
BMRN	F	-0.1%
JNPR	C	-0.1%
EPAM	C	-0.1%
DOX	A	-0.09%
CTLT	C	-0.09%
AIZ	A	-0.09%
CCK	B	-0.09%
CRL	C	-0.09%
LAMR	D	-0.09%
IPG	F	-0.09%
NWSA	B	-0.09%
DKS	D	-0.09%
OVV	C	-0.09%
CG	B	-0.09%
HEI	C	-0.09%
PAYC	B	-0.09%
LW	C	-0.09%
Z	B	-0.09%
CE	F	-0.08%
TFX	F	-0.08%
ROKU	C	-0.08%
EXAS	F	-0.08%
CNH	D	-0.08%
KNX	B	-0.08%
AES	F	-0.08%
GLOB	B	-0.08%
FBIN	F	-0.08%
HLI	B	-0.08%
NLY	D	-0.08%
AFG	B	-0.08%
WTRG	B	-0.08%
SOLV	C	-0.08%
LKQ	D	-0.08%
MKTX	C	-0.08%
FOXA	A	-0.08%
RPRX	F	-0.08%
ALLY	C	-0.08%
PNW	B	-0.08%
EXEL	B	-0.08%
TAP	B	-0.08%
HII	D	-0.07%
G	B	-0.07%
ACI	C	-0.07%
CHRD	F	-0.07%
SKX	F	-0.07%
MGM	F	-0.07%
OGE	B	-0.07%
WYNN	F	-0.07%
HSIC	F	-0.07%
RIVN	F	-0.07%
CPB	F	-0.07%
HRL	F	-0.07%
ENPH	F	-0.07%
MOS	D	-0.07%
TTC	D	-0.07%
AOS	F	-0.07%
AAL	B	-0.07%
RBC	B	-0.07%
H	C	-0.06%
SN	D	-0.06%
GNTX	C	-0.06%
BIO	C	-0.06%
PB	A	-0.06%
KEX	A	-0.06%
ESAB	B	-0.06%
MIDD	C	-0.06%
DVA	C	-0.06%
NNN	F	-0.06%
SAIC	B	-0.06%
MTCH	F	-0.06%
APA	F	-0.06%
SEIC	A	-0.06%
FNB	A	-0.05%
IDA	A	-0.05%
BEN	C	-0.05%
SIRI	C	-0.05%
WBA	D	-0.05%
PARA	C	-0.05%
DINO	D	-0.05%
AZPN	B	-0.05%
MTDR	C	-0.05%
QRVO	F	-0.05%
UHAL	C	-0.05%
STAG	F	-0.05%
BBWI	C	-0.05%
BSY	D	-0.05%
GFS	C	-0.04%
WLK	F	-0.04%
EEFT	C	-0.04%
SLGN	A	-0.04%
TKR	F	-0.04%
CELH	F	-0.04%
OLN	D	-0.04%
FOX	A	-0.04%
RITM	D	-0.04%
TPG	B	-0.04%
AMKR	F	-0.03%
BHF	B	-0.03%
LBTYA	C	-0.03%
LBTYK	D	-0.03%
HUN	F	-0.03%
ZG	B	-0.03%
FHB	B	-0.03%
PII	F	-0.03%
NWS	B	-0.03%
DNB	B	-0.03%
NEU	C	-0.03%
IAC	F	-0.03%
MSM	B	-0.03%
LINE	F	-0.03%
AMTM	C	-0.03%
MSGS	B	-0.03%
ALAB	B	-0.02%
PPC	B	-0.02%
IPGP	C	-0.02%
AGR	C	-0.02%
MP	B	-0.02%
BOKF	B	-0.02%
ALGM	F	-0.02%
SAM	B	-0.02%
COTY	F	-0.02%
CXT	D	-0.02%
VIRT	B	-0.02%
CACC	F	-0.02%
LLYVK	B	-0.02%
PAG	C	-0.02%
NSA	D	-0.02%
SMG	C	-0.02%
UWMC	F	-0.01%
SEB	F	-0.01%
TFSL	A	-0.01%
LOAR	B	-0.01%
CNA	D	-0.01%
AS	B	-0.01%
DDS	C	-0.01%
LLYVA	A	-0.01%
UI	A	-0.01%
CERT	F	-0.01%
REYN	D	-0.01%
TRIP	D	-0.01%
UA	B	-0.01%
FWONA	B	-0.01%
BIRK	F	-0.01%
LEN	D	-0.01%
DJT	D	-0.01%
PARAA	B	-0.0%
SEG	C	-0.0%
GRAL	C	-0.0%
UHAL	C	-0.0%
NFE	F	-0.0%
PLTK	B	-0.0%