ESML vs. JMOM ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to JPMorgan U.S. Momentum Factor ETF (JMOM)

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

$41.09

Average Daily Volume

110,457

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

JMOM

JPMorgan U.S. Momentum Factor ETF

JMOM Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Momentum Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent positive momentum factor characteristics.

Grade (RS Rating)

Last Trade

$56.83

Average Daily Volume

51,160

Number of Holdings ^*

267

* may have additional holdings in another (foreign) market

Performance

Period	ESML	JMOM
30 Days	1.24%	2.15%
60 Days	-0.18%	9.63%
90 Days	8.35%	5.35%
12 Months	27.41%	41.31%

70 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in JMOM	Overlap
AGO	B	0.05%	0.06%	0.05%
ALSN	A	0.22%	0.23%	0.22%
AM	A	0.16%	0.2%	0.16%
AN	D	0.08%	0.21%	0.08%
APPF	C	0.12%	0.09%	0.09%
ARMK	B	0.24%	0.14%	0.14%
AVT	C	0.29%	0.14%	0.14%
AWI	A	0.21%	0.06%	0.06%
AYI	A	0.29%	0.06%	0.06%
AZEK	C	0.14%	0.16%	0.14%
BLD	D	0.3%	0.18%	0.18%
BRBR	A	0.09%	0.11%	0.09%
BWXT	A	0.26%	0.2%	0.2%
CACI	A	0.22%	0.23%	0.22%
CASY	D	0.5%	0.21%	0.21%
CNM	F	0.25%	0.23%	0.23%
COHR	A	0.27%	0.29%	0.27%
COKE	C	0.06%	0.09%	0.06%
CRUS	D	0.18%	0.19%	0.18%
CVNA	A	0.36%	0.3%	0.3%
CW	A	0.22%	0.25%	0.22%
DTM	A	0.23%	0.22%	0.22%
EHC	B	0.29%	0.13%	0.13%
ESTC	F	0.16%	0.02%	0.02%
EVR	C	0.1%	0.21%	0.1%
EXP	B	0.06%	0.25%	0.06%
FRPT	C	0.18%	0.21%	0.18%
FTI	B	0.33%	0.23%	0.23%
FYBR	C	0.14%	0.07%	0.07%
GAP	F	0.12%	0.18%	0.12%
GWRE	A	0.41%	0.25%	0.25%
HRB	C	0.21%	0.11%	0.11%
IBKR	A	0.26%	0.2%	0.2%
INFA	D	0.05%	0.08%	0.05%
INGR	B	0.41%	0.2%	0.2%
JEF	A	0.09%	0.24%	0.09%
JLL	C	0.38%	0.13%	0.13%
KD	D	0.09%	0.16%	0.09%
LOPE	D	0.05%	0.13%	0.05%
LPX	C	0.17%	0.11%	0.11%
MEDP	F	0.15%	0.17%	0.15%
MORN	C	0.18%	0.0%	0.0%
MTG	B	0.25%	0.1%	0.1%
MTSI	C	0.08%	0.13%	0.08%
NTNX	C	0.33%	0.24%	0.24%
NVT	D	0.2%	0.22%	0.2%
OHI	C	0.2%	0.13%	0.13%
OLED	C	0.1%	0.09%	0.09%
ONTO	C	0.3%	0.27%	0.27%
ORI	B	0.13%	0.13%	0.13%
POST	D	0.1%	0.2%	0.1%
PRI	A	0.22%	0.08%	0.08%
PSN	A	0.11%	0.22%	0.11%
R	C	0.27%	0.18%	0.18%
RGA	C	0.3%	0.24%	0.24%
RYAN	A	0.13%	0.04%	0.04%
SLM	C	0.16%	0.03%	0.03%
SNX	D	0.08%	0.14%	0.08%
SPB	C	0.08%	0.12%	0.08%
THC	D	0.25%	0.25%	0.25%
TOL	A	0.27%	0.25%	0.25%
TPR	C	0.25%	0.19%	0.19%
TPX	C	0.15%	0.22%	0.15%
UNM	A	0.21%	0.15%	0.15%
USFD	C	0.49%	0.25%	0.25%
VKTX	B	0.13%	0.12%	0.12%
VVV	F	0.18%	0.09%	0.09%
WFRD	F	0.16%	0.11%	0.11%
WING	C	0.25%	0.24%	0.24%
XPO	F	0.26%	0.24%	0.24%

ESML Overweight 834 Positions Relative to JMOM

Symbol	Grade	Weight
JHG	B	0.45%
KBR	B	0.4%
REXR	D	0.39%
FIX	B	0.36%
SFM	A	0.35%
MUSA	D	0.34%
OGS	C	0.33%
EWBC	D	0.33%
RGLD	C	0.32%
FRT	D	0.32%
BMI	A	0.31%
FLEX	C	0.31%
ITT	C	0.3%
WEX	C	0.3%
MDU	C	0.3%
GPK	D	0.29%
OSK	F	0.28%
SIGI	D	0.28%
BFAM	B	0.28%
WMS	D	0.27%
PCVX	C	0.27%
UGI	C	0.27%
AXTA	C	0.26%
SCI	D	0.26%
NTRA	B	0.26%
RNR	A	0.26%
PNFP	D	0.25%
GBCI	C	0.25%
DCI	C	0.25%
SNV	D	0.25%
BJ	C	0.25%
IVZ	B	0.25%
SSB	C	0.25%
SWN	D	0.24%
SAIA	D	0.24%
UMBF	C	0.24%
RRC	B	0.24%
PRGS	B	0.24%
HOG	D	0.24%
FND	C	0.24%
FELE	C	0.23%
MWA	A	0.23%
INSM	D	0.23%
KBH	C	0.23%
CROX	C	0.23%
FCN	C	0.23%
CNX	A	0.23%
MOG.A	C	0.23%
ATR	A	0.23%
SUM	F	0.23%
EGP	D	0.23%
CUBE	C	0.23%
LSTR	F	0.22%
CUZ	C	0.22%
WBS	D	0.22%
NJR	C	0.22%
CDP	A	0.22%
MTN	D	0.22%
HAS	B	0.22%
WCC	D	0.21%
ALK	C	0.21%
CVLT	C	0.21%
NFG	A	0.21%
NOVT	D	0.21%
SRPT	F	0.21%
AAON	B	0.21%
CMC	D	0.21%
AR	B	0.21%
WAL	C	0.21%
WTS	C	0.21%
ENSG	D	0.21%
WHR	C	0.2%
KNSL	C	0.2%
FTDR	C	0.2%
RHP	C	0.2%
LNW	F	0.2%
FBP	D	0.2%
EPRT	C	0.2%
FTAI	B	0.2%
RHI	D	0.2%
WWD	C	0.2%
AVA	D	0.2%
WSC	D	0.2%
BDC	B	0.2%
NCLH	C	0.2%
HHH	C	0.2%
CBSH	D	0.2%
EXLS	A	0.2%
CMA	C	0.19%
MSA	F	0.19%
CR	C	0.19%
RLI	A	0.19%
TTEK	A	0.19%
AFRM	C	0.19%
GPI	C	0.19%
GNRC	B	0.19%
FHN	D	0.19%
NYT	C	0.19%
ACHC	F	0.19%
MTH	C	0.19%
PCH	C	0.19%
BWA	C	0.19%
LAD	C	0.19%
LECO	F	0.19%
AA	B	0.19%
ZWS	A	0.19%
CIEN	A	0.18%
ATI	C	0.18%
MOD	B	0.18%
TKO	A	0.18%
SPSC	F	0.18%
DAR	F	0.18%
SITE	D	0.18%
BHLB	D	0.18%
PLNT	B	0.18%
SPXC	C	0.18%
ITRI	C	0.18%
OMF	F	0.18%
TGNA	C	0.18%
FMC	C	0.18%
WK	D	0.18%
ENLC	A	0.18%
CNO	C	0.18%
NSIT	B	0.18%
VFC	B	0.18%
AMG	B	0.18%
GME	D	0.18%
SNDR	C	0.18%
BERY	C	0.18%
REZI	D	0.18%
HRI	C	0.18%
AXS	A	0.18%
FAF	C	0.17%
ZION	D	0.17%
FN	B	0.17%
CHX	C	0.17%
ELAN	C	0.17%
VOYA	A	0.17%
PR	D	0.17%
PCTY	B	0.17%
ONB	D	0.17%
BCC	C	0.17%
DLB	C	0.17%
RGEN	F	0.17%
BRKR	D	0.17%
LSCC	D	0.17%
THG	C	0.17%
TMHC	C	0.17%
GKOS	C	0.17%
NOV	F	0.16%
RRX	C	0.16%
UBSI	D	0.16%
BRX	C	0.16%
CZR	B	0.16%
LAZ	C	0.16%
LUMN	C	0.16%
FSS	D	0.16%
PLXS	B	0.16%
GATX	F	0.16%
BHE	C	0.16%
AEIS	D	0.16%
PVH	F	0.16%
DUOL	B	0.16%
MTZ	A	0.16%
PEN	D	0.15%
HIW	C	0.15%
SR	D	0.15%
AGCO	D	0.15%
HXL	F	0.15%
BANR	C	0.15%
KTB	C	0.15%
GXO	D	0.15%
MKSI	F	0.15%
JAZZ	F	0.15%
MMSI	C	0.15%
ANF	F	0.15%
KNTK	A	0.15%
SF	A	0.15%
DBX	B	0.15%
PDCO	F	0.15%
ASB	F	0.15%
TPH	C	0.15%
CHE	C	0.15%
ACIW	B	0.15%
FLS	B	0.15%
HNI	C	0.15%
LFUS	D	0.15%
PCOR	D	0.15%
ASGN	D	0.15%
ALTR	C	0.14%
VNT	F	0.14%
ITCI	D	0.14%
MUR	F	0.14%
BCPC	D	0.14%
NPO	C	0.14%
HQY	C	0.14%
JXN	A	0.14%
GTLB	D	0.14%
ESI	C	0.14%
CBT	C	0.14%
LNTH	C	0.14%
X	F	0.14%
TNL	C	0.14%
FIBK	D	0.14%
CRS	C	0.14%
SMAR	A	0.14%
IRDM	B	0.13%
AVAV	B	0.13%
ELF	F	0.13%
SOFI	C	0.13%
LEA	F	0.13%
ADT	D	0.13%
WH	C	0.13%
BLKB	C	0.13%
IBCP	D	0.13%
SON	D	0.13%
YETI	C	0.13%
CADE	D	0.13%
THO	C	0.13%
KNF	C	0.13%
SHOO	C	0.13%
GL	C	0.13%
M	F	0.13%
ITGR	C	0.13%
OLLI	C	0.13%
BOX	C	0.13%
VECO	F	0.13%
HESM	C	0.13%
AGNC	C	0.13%
CPF	C	0.13%
OPCH	F	0.13%
CYTK	D	0.13%
DFIN	D	0.13%
CPK	C	0.13%
SWX	C	0.13%
VLY	C	0.13%
ACA	C	0.13%
CHDN	D	0.13%
KLIC	C	0.13%
MAT	D	0.13%
FA	A	0.12%
ECPG	F	0.12%
ABG	F	0.12%
EPAC	C	0.12%
SITC	D	0.12%
ADC	B	0.12%
IBP	C	0.12%
RMBS	F	0.12%
COLB	C	0.12%
FIVE	D	0.12%
VMI	B	0.12%
WGO	D	0.12%
CABO	F	0.12%
TRNO	D	0.12%
WERN	D	0.12%
MTX	D	0.12%
PFSI	C	0.12%
RDUS	D	0.12%
CAVA	C	0.12%
HASI	B	0.12%
WTM	C	0.12%
BECN	D	0.12%
PINC	F	0.12%
HALO	C	0.12%
OZK	D	0.12%
ARW	C	0.11%
WDFC	D	0.11%
GTLS	F	0.11%
XENE	D	0.11%
SCL	D	0.11%
CFLT	F	0.11%
ORA	C	0.11%
PRIM	C	0.11%
U	D	0.11%
STRL	C	0.11%
MRCY	B	0.11%
CGNX	F	0.11%
WHD	B	0.11%
SSD	B	0.11%
DNLI	C	0.11%
HAE	D	0.11%
EAT	A	0.11%
AIT	B	0.11%
SIG	C	0.11%
DY	C	0.11%
STWD	C	0.11%
PATH	F	0.11%
KRC	C	0.11%
FUL	F	0.11%
MYRG	F	0.11%
BHVN	C	0.11%
S	D	0.11%
KOS	F	0.11%
OGN	F	0.11%
FULT	D	0.11%
LRN	C	0.11%
LCII	C	0.11%
ETSY	F	0.11%
IDCC	A	0.11%
AMED	D	0.1%
CRDO	B	0.1%
BWIN	B	0.1%
SLG	C	0.1%
FR	D	0.1%
CSGS	C	0.1%
GMED	D	0.1%
ALKS	B	0.1%
TXRH	C	0.1%
QTWO	C	0.1%
NMIH	C	0.1%
NXT	F	0.1%
TENB	F	0.1%
RXO	D	0.1%
BRC	C	0.1%
CRNX	C	0.1%
AEO	C	0.1%
AUB	D	0.1%
AL	D	0.1%
INSP	C	0.1%
LBRDA	B	0.1%
FLR	C	0.1%
SJW	F	0.1%
ABCB	C	0.1%
EFSC	D	0.1%
TDC	D	0.1%
KAR	F	0.1%
HCP	A	0.1%
VC	F	0.1%
CCOI	B	0.1%
SLAB	D	0.1%
DXC	B	0.1%
LYFT	D	0.09%
MGRC	D	0.09%
ICFI	C	0.09%
PJT	C	0.09%
ESE	C	0.09%
UNIT	B	0.09%
LNN	C	0.09%
BXMT	C	0.09%
AUR	C	0.09%
KFY	C	0.09%
WEN	D	0.09%
STC	C	0.09%
RDN	D	0.09%
CRVL	C	0.09%
CAC	C	0.09%
AROC	B	0.09%
RUN	D	0.09%
RL	B	0.09%
LNC	D	0.09%
HR	D	0.09%
APAM	C	0.09%
ATKR	F	0.09%
PEGA	C	0.09%
DV	F	0.09%
TMDX	D	0.09%
LCID	D	0.09%
ZI	D	0.09%
ERII	C	0.09%
ST	F	0.09%
BILL	D	0.09%
CRC	B	0.09%
PI	B	0.09%
RDNT	C	0.09%
AMAL	D	0.09%
NXST	F	0.09%
TRN	C	0.09%
CVBF	B	0.09%
XHR	C	0.08%
BPMC	F	0.08%
TBBK	B	0.08%
IOSP	F	0.08%
ROG	F	0.08%
RNA	B	0.08%
PLUS	C	0.08%
AZZ	C	0.08%
OUT	C	0.08%
NWN	D	0.08%
MAN	D	0.08%
ALG	F	0.08%
CHWY	C	0.08%
EVRI	A	0.08%
CWEN	C	0.08%
CLVT	D	0.08%
AMN	F	0.08%
BC	D	0.08%
RNST	D	0.08%
CNK	D	0.08%
SHAK	C	0.08%
RVMD	B	0.08%
SXT	C	0.08%
KOP	F	0.08%
MAC	C	0.08%
BOOT	C	0.08%
RARE	D	0.08%
SBRA	C	0.08%
ENOV	F	0.08%
CFR	D	0.08%
CRSP	F	0.08%
IMAX	D	0.08%
PRCT	C	0.08%
ICUI	C	0.08%
PLMR	B	0.08%
MARA	F	0.08%
WU	D	0.08%
ESNT	C	0.08%
LITE	A	0.08%
W	D	0.08%
MHK	B	0.08%
TNET	F	0.08%
TEX	F	0.08%
HWC	D	0.08%
VNO	A	0.08%
ABM	D	0.08%
NWL	F	0.08%
BPOP	D	0.08%
AZTA	F	0.08%
ENR	B	0.07%
UPBD	F	0.07%
LXP	D	0.07%
ENV	B	0.07%
ACVA	C	0.07%
VITL	B	0.07%
ANDE	D	0.07%
TDS	B	0.07%
PNTG	C	0.07%
LEG	D	0.07%
JBGS	C	0.07%
CPRI	B	0.07%
VCTR	A	0.07%
HLIT	D	0.07%
EXPO	A	0.07%
COLM	D	0.07%
VVX	A	0.07%
SEM	D	0.07%
AAT	C	0.07%
PHAT	B	0.07%
PECO	C	0.07%
XPRO	F	0.07%
TREX	D	0.07%
CTS	D	0.07%
SASR	C	0.07%
FL	F	0.07%
VRRM	D	0.07%
PEB	D	0.07%
HBI	C	0.07%
PLYA	D	0.07%
VAC	D	0.07%
SATS	C	0.07%
PRGO	F	0.07%
PRVA	F	0.07%
INTA	C	0.07%
RH	C	0.07%
INDB	D	0.07%
PDM	C	0.07%
BL	C	0.07%
CWK	C	0.07%
BOH	D	0.07%
WD	C	0.07%
VRDN	B	0.07%
NTGR	C	0.07%
POWL	B	0.07%
MPW	C	0.07%
KREF	C	0.07%
JBT	B	0.07%
VRNS	C	0.07%
ACLX	C	0.07%
AVNT	C	0.07%
DRS	B	0.07%
CCCS	D	0.07%
PIPR	B	0.07%
DOCS	A	0.07%
CLF	F	0.07%
SEE	D	0.07%
GVA	B	0.07%
KTOS	A	0.07%
AMWD	C	0.07%
HWKN	C	0.07%
DEA	D	0.07%
ESRT	C	0.07%
CALX	D	0.07%
CCS	C	0.07%
XRAY	D	0.07%
ZD	D	0.07%
COLD	D	0.07%
PRKS	D	0.07%
MTRN	F	0.06%
HURN	D	0.06%
HZO	D	0.06%
IBOC	D	0.06%
TALO	F	0.06%
CIVI	F	0.06%
FROG	F	0.06%
GH	F	0.06%
PRG	C	0.06%
DCO	C	0.06%
NARI	F	0.06%
HI	F	0.06%
LBRDK	B	0.06%
PPBI	D	0.06%
CMCO	C	0.06%
KSS	D	0.06%
TDOC	D	0.06%
BYD	C	0.06%
HELE	D	0.06%
APGE	C	0.06%
THS	D	0.06%
PDFS	F	0.06%
CBU	D	0.06%
AAP	F	0.06%
MOV	F	0.06%
BKU	D	0.06%
PTGX	C	0.06%
MNKD	B	0.06%
CLB	C	0.06%
MEI	F	0.06%
VSEC	D	0.06%
CART	C	0.06%
HL	C	0.06%
TWST	D	0.06%
AIR	D	0.06%
WRBY	B	0.06%
FOUR	B	0.06%
OSCR	C	0.06%
FUN	F	0.06%
KROS	B	0.06%
ROCK	D	0.06%
PAR	D	0.06%
KYMR	D	0.06%
JWN	D	0.06%
MYGN	D	0.06%
SPR	F	0.06%
APG	F	0.06%
CLH	C	0.06%
WKC	B	0.06%
CWEN	C	0.06%
TILE	D	0.06%
OII	C	0.06%
MHO	C	0.06%
UFPT	D	0.06%
MXL	D	0.06%
AVPT	C	0.06%
IESC	A	0.06%
ADUS	D	0.06%
KE	F	0.06%
SQSP	A	0.06%
ALTM	D	0.06%
GERN	D	0.06%
PAHC	C	0.06%
PBF	F	0.06%
NVST	D	0.06%
CC	D	0.06%
POWI	F	0.06%
FFIN	D	0.06%
SG	C	0.06%
ATRC	C	0.06%
TARS	C	0.06%
UEC	B	0.06%
CDE	C	0.06%
VRNT	F	0.06%
EPR	C	0.06%
UNFI	B	0.06%
ADMA	C	0.06%
HIMS	C	0.06%
HGV	F	0.06%
BANC	D	0.06%
RCM	B	0.06%
ROIV	D	0.06%
BDN	A	0.06%
CMP	D	0.06%
WTFC	C	0.06%
COMP	C	0.06%
CLNE	C	0.06%
TROX	D	0.06%
RKLB	B	0.06%
MRUS	D	0.06%
GTES	C	0.06%
TNC	F	0.06%
SMTC	C	0.06%
SKT	A	0.06%
EYE	F	0.06%
SONO	D	0.06%
GT	F	0.06%
EWTX	C	0.06%
ALHC	C	0.06%
NEP	D	0.06%
NUVL	B	0.06%
HAIN	B	0.06%
MIR	B	0.06%
LEVI	C	0.06%
PK	D	0.06%
TNDM	D	0.06%
RKT	D	0.06%
MODG	F	0.06%
IDYA	F	0.06%
FLGT	F	0.05%
MQ	F	0.05%
TGTX	D	0.05%
CUBI	F	0.05%
SVRA	F	0.05%
TGI	F	0.05%
FORM	F	0.05%
BBIO	F	0.05%
SLNO	C	0.05%
SNDX	F	0.05%
HPP	F	0.05%
CPRX	C	0.05%
GPRE	F	0.05%
IRON	B	0.05%
PENN	D	0.05%
PLUG	F	0.05%
KRYS	D	0.05%
AHH	F	0.05%
CAR	F	0.05%
KURA	F	0.05%
REVG	D	0.05%
ARVN	F	0.05%
FLO	D	0.05%
MMS	C	0.05%
AXL	F	0.05%
JAMF	F	0.05%
ASTE	F	0.05%
COUR	F	0.05%
LGF.A	F	0.05%
PBI	C	0.05%
SIBN	F	0.05%
CWT	D	0.05%
CGEM	F	0.05%
BKD	F	0.05%
PGNY	F	0.05%
FFBC	D	0.05%
ARLO	F	0.05%
MGNI	D	0.05%
RAMP	F	0.05%
RBBN	C	0.05%
ZUO	F	0.05%
INVX	F	0.05%
RNG	D	0.05%
QS	F	0.05%
AI	F	0.05%
NBHC	D	0.05%
DLX	F	0.05%
ALKT	D	0.05%
TXG	F	0.05%
RUSHA	D	0.05%
PRO	F	0.05%
DNOW	F	0.05%
AMBC	F	0.05%
KLG	D	0.05%
RXRX	F	0.05%
ZEUS	F	0.05%
HLX	B	0.05%
KMPR	D	0.05%
CCRN	F	0.05%
OMI	F	0.05%
ASH	F	0.05%
PAYO	A	0.05%
BEAM	F	0.05%
AVDX	F	0.05%
CBZ	F	0.05%
EPC	F	0.05%
ACEL	C	0.05%
XPEL	D	0.05%
VYX	B	0.05%
ARCB	F	0.05%
BGC	B	0.05%
FOXF	F	0.05%
MRC	D	0.05%
FLYW	F	0.05%
SGH	D	0.05%
PRTA	F	0.05%
ARCT	D	0.05%
NEO	F	0.05%
XRX	D	0.05%
FTRE	F	0.05%
ETWO	F	0.05%
OMCL	C	0.05%
AWR	B	0.05%
WNC	F	0.05%
VERX	A	0.05%
MLTX	C	0.05%
CRI	D	0.05%
PLAY	D	0.05%
JANX	C	0.05%
CWAN	C	0.05%
CSTL	C	0.05%
ICHR	D	0.05%
PETQ	A	0.05%
SMPL	D	0.05%
HOUS	D	0.05%
VSCO	C	0.05%
VRTS	F	0.05%
MTTR	B	0.05%
EDR	A	0.05%
UAA	B	0.05%
ATGE	D	0.05%
PYCR	D	0.05%
PSMT	C	0.05%
HAYW	C	0.05%
BROS	F	0.05%
GO	F	0.05%
WT	D	0.05%
KELYA	D	0.05%
ATEN	B	0.05%
MNRO	C	0.05%
QDEL	D	0.05%
EMBC	F	0.05%
DYN	D	0.05%
SFBS	D	0.05%
HAFC	D	0.05%
NRIX	D	0.05%
ARWR	F	0.05%
SAVA	D	0.05%
IVR	C	0.05%
VVI	B	0.05%
HCC	C	0.05%
AGIO	D	0.05%
PGRE	D	0.05%
MLNK	F	0.05%
CRAI	B	0.05%
NABL	F	0.05%
CLDX	F	0.05%
ELVN	B	0.05%
RYN	C	0.05%
CHH	C	0.05%
CAKE	B	0.05%
GBX	C	0.05%
ARQT	C	0.05%
AGYS	D	0.05%
OWL	A	0.05%
PTCT	C	0.05%
CNMD	D	0.05%
NOVA	D	0.05%
SMP	D	0.05%
GRBK	C	0.05%
RXST	F	0.05%
SKY	B	0.05%
BNL	C	0.05%
COGT	C	0.05%
YELP	F	0.05%
THRM	F	0.05%
GEF	D	0.05%
IONS	F	0.05%
VREX	F	0.05%
AORT	B	0.05%
SLVM	C	0.05%
COOP	B	0.05%
PRAA	F	0.05%
EE	A	0.05%
MMI	D	0.05%
PD	F	0.05%
NYCB	D	0.05%
NBTB	D	0.05%
KVYO	B	0.05%
NEOG	F	0.05%
RUSHB	D	0.05%
EWCZ	F	0.05%
SBH	C	0.05%
CALM	A	0.05%
ARKO	C	0.05%
PLOW	D	0.05%
DOCN	C	0.05%
SHC	C	0.05%
SM	C	0.05%
INFN	A	0.05%
GEF	D	0.05%
MASI	B	0.05%
MBUU	C	0.05%
LIVN	B	0.05%
AXSM	C	0.05%
FIVN	F	0.05%
VERA	C	0.05%
CECO	D	0.05%
VNOM	A	0.05%
VBTX	C	0.05%
ZYME	C	0.05%
VSTS	D	0.05%
NTLA	F	0.05%
JELD	C	0.05%
UPST	C	0.05%
CRMT	F	0.04%
APLS	F	0.04%
BRY	F	0.04%
FNA	F	0.04%
AGL	F	0.04%
PLRX	F	0.04%
SEDG	F	0.04%
MDGL	F	0.04%
BASE	F	0.04%
MEG	F	0.04%
CNXC	F	0.04%
ETNB	F	0.04%
CXM	F	0.04%
RCUS	F	0.04%
BRZE	F	0.04%
PTEN	F	0.04%
NUVB	F	0.04%
IART	F	0.04%
SPT	F	0.04%
SWTX	F	0.04%
CLSK	F	0.04%
ASAN	F	0.04%
EGY	C	0.04%
CAL	F	0.04%
GOGO	F	0.04%
ASPN	D	0.04%
NVCR	F	0.04%
MTUS	F	0.04%
CLW	F	0.04%
IMVT	F	0.04%
ANAB	D	0.04%
NCNO	D	0.04%
BE	F	0.04%
LBPH	C	0.04%
RCKT	F	0.04%
LESL	F	0.04%
AMC	F	0.04%
FRSH	F	0.04%
DGII	B	0.04%
MLKN	F	0.04%
ALRM	F	0.04%
ALEC	F	0.04%
TMCI	F	0.04%
PFS	D	0.04%
CDNA	B	0.04%
DK	F	0.04%
NVAX	C	0.04%
STAA	F	0.04%
ESTA	F	0.04%
VSAT	F	0.03%
WOLF	F	0.03%
MC	C	0.02%
DEI	A	0.02%
GDOT	D	0.01%

ESML Underweight 197 Positions Relative to JMOM

Symbol	Grade	Weight
AVGO	C	-2.4%
NVDA	B	-2.23%
META	A	-2.1%
MSFT	D	-1.98%
AAPL	C	-1.87%
LLY	D	-1.86%
BRK.A	C	-1.82%
GOOGL	B	-1.76%
COST	C	-1.49%
HD	A	-1.42%
UNH	B	-1.34%
ABBV	B	-1.25%
CRM	B	-1.07%
AMD	B	-0.98%
TMO	D	-0.95%
IBM	A	-0.9%
ORCL	C	-0.89%
GE	C	-0.89%
CAT	A	-0.86%
QCOM	C	-0.85%
TXN	C	-0.84%
AMAT	B	-0.81%
NOW	C	-0.81%
PM	D	-0.81%
ISRG	C	-0.77%
NFLX	B	-0.76%
INTU	F	-0.75%
DHR	D	-0.75%
AXP	B	-0.71%
PGR	C	-0.68%
ETN	C	-0.66%
BKNG	C	-0.65%
UBER	C	-0.65%
TJX	D	-0.62%
SYK	C	-0.61%
BSX	A	-0.6%
AMZN	C	-0.6%
MU	D	-0.59%
VRTX	D	-0.59%
ADI	C	-0.59%
KLAC	B	-0.58%
CB	B	-0.57%
COP	D	-0.57%
ANET	A	-0.56%
PANW	D	-0.54%
TMUS	A	-0.53%
LRCX	D	-0.53%
KKR	C	-0.51%
CEG	A	-0.5%
TT	A	-0.5%
PH	B	-0.48%
PLTR	A	-0.48%
GS	D	-0.48%
WM	B	-0.46%
TDG	B	-0.46%
CL	D	-0.46%
APH	D	-0.46%
CTAS	C	-0.44%
MSI	A	-0.44%
GD	C	-0.44%
WELL	C	-0.44%
CRWD	D	-0.43%
CMG	C	-0.43%
VST	B	-0.42%
ECL	B	-0.41%
MRVL	B	-0.41%
URI	C	-0.4%
SPOT	C	-0.4%
HLT	B	-0.39%
ORLY	A	-0.39%
APP	A	-0.39%
AFL	A	-0.38%
MPC	C	-0.38%
BK	C	-0.38%
DLR	C	-0.38%
DASH	B	-0.38%
VRT	B	-0.38%
MCK	F	-0.38%
MPWR	B	-0.37%
PWR	B	-0.37%
AZO	D	-0.37%
ROP	C	-0.37%
SPG	A	-0.37%
WMB	A	-0.37%
PSX	D	-0.37%
MSTR	B	-0.36%
GWW	B	-0.36%
AMP	A	-0.36%
FICO	A	-0.36%
RCL	C	-0.36%
TTD	A	-0.36%
LOW	A	-0.35%
AJG	D	-0.35%
ALL	C	-0.35%
NU	D	-0.34%
HWM	A	-0.34%
DELL	C	-0.34%
ACGL	B	-0.33%
CBRE	B	-0.33%
IT	B	-0.33%
PCAR	C	-0.33%
RSG	C	-0.32%
GLW	C	-0.32%
CPRT	C	-0.32%
ARES	A	-0.31%
GEV	A	-0.31%
IRM	A	-0.31%
PHM	A	-0.3%
COIN	F	-0.3%
IQV	F	-0.3%
AXON	A	-0.3%
ICE	A	-0.3%
NTAP	D	-0.29%
HUBB	B	-0.29%
TRGP	A	-0.29%
WDC	C	-0.29%
EME	C	-0.29%
NRG	A	-0.28%
HIG	B	-0.28%
DECK	B	-0.27%
GDDY	D	-0.27%
TYL	B	-0.27%
LII	C	-0.27%
PTC	D	-0.27%
VTR	C	-0.27%
FANG	C	-0.27%
KR	C	-0.26%
MANH	C	-0.26%
CAH	B	-0.26%
VLO	D	-0.26%
BAH	A	-0.26%
LDOS	A	-0.26%
BRO	A	-0.26%
FFIV	B	-0.25%
CBOE	B	-0.25%
SCCO	B	-0.25%
CHD	D	-0.24%
UHS	D	-0.24%
HCA	C	-0.24%
MOH	D	-0.24%
SSNC	C	-0.24%
T	A	-0.23%
STLD	B	-0.23%
HEI	C	-0.23%
DKS	D	-0.23%
ED	A	-0.23%
IFF	C	-0.23%
JNPR	B	-0.22%
ZS	F	-0.22%
LIN	B	-0.22%
PG	D	-0.21%
HPQ	B	-0.21%
MRK	F	-0.21%
SAIC	A	-0.21%
NI	A	-0.21%
SN	A	-0.21%
SO	A	-0.2%
PSTG	F	-0.2%
DHI	C	-0.2%
KO	C	-0.2%
WSO	C	-0.19%
DKNG	D	-0.19%
TXT	F	-0.19%
WLK	C	-0.19%
HPE	B	-0.18%
SMCI	F	-0.17%
H	C	-0.17%
TSCO	B	-0.16%
TER	C	-0.16%
CRBG	B	-0.15%
ROL	C	-0.15%
TW	A	-0.14%
PAG	D	-0.13%
RPM	B	-0.12%
SNPS	F	-0.11%
FE	C	-0.11%
ESS	D	-0.1%
LAMR	C	-0.1%
VLTO	A	-0.1%
HII	F	-0.1%
WSM	B	-0.09%
PPC	D	-0.09%
VRSK	C	-0.09%
TPG	B	-0.08%
SRE	B	-0.07%
RS	D	-0.07%
BSY	D	-0.06%
PEG	A	-0.06%
PNR	B	-0.06%
FCNCA	D	-0.05%
NSA	C	-0.05%
INVH	F	-0.04%
CACC	F	-0.04%
BR	B	-0.02%
STAG	D	-0.01%
TKR	D	-0.01%
EQIX	C	-0.0%