ESML vs. JVAL ETF Comparison

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

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

$44.33

Average Daily Volume

103,044

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

JVAL

JPMorgan U.S. Value Factor ETF

JVAL Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value 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 value factor characteristics.

Grade (RS Rating)

Last Trade

$44.83

Average Daily Volume

62,600

Number of Holdings ^*

362

* may have additional holdings in another (foreign) market

Performance

Period	ESML	JVAL
30 Days	4.67%	1.70%
60 Days	9.27%	6.00%
90 Days	13.89%	7.83%
12 Months	32.28%	29.70%

126 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in JVAL	Overlap
AAP	D	0.05%	0.1%	0.05%
AGCO	F	0.13%	0.18%	0.13%
AGNC	C	0.12%	0.11%	0.11%
AGO	B	0.05%	0.19%	0.05%
AL	B	0.1%	0.05%	0.05%
ALSN	A	0.25%	0.27%	0.25%
AN	C	0.07%	0.2%	0.07%
ARMK	B	0.24%	0.13%	0.13%
ARW	F	0.09%	0.2%	0.09%
AVT	C	0.28%	0.22%	0.22%
AXS	A	0.18%	0.15%	0.15%
AYI	B	0.33%	0.2%	0.2%
BC	C	0.08%	0.21%	0.08%
BERY	C	0.17%	0.19%	0.17%
BPOP	C	0.07%	0.2%	0.07%
BRX	A	0.16%	0.01%	0.01%
BWA	B	0.18%	0.16%	0.16%
BYD	A	0.06%	0.17%	0.06%
CACI	C	0.25%	0.27%	0.25%
CIVI	F	0.06%	0.1%	0.06%
CLF	D	0.07%	0.02%	0.02%
CLVT	F	0.07%	0.2%	0.07%
CMA	A	0.19%	0.21%	0.19%
CNXC	F	0.03%	0.11%	0.03%
COLB	B	0.12%	0.18%	0.12%
COLM	B	0.07%	0.1%	0.07%
CPRI	F	0.03%	0.01%	0.01%
CRI	D	0.04%	0.16%	0.04%
CROX	F	0.16%	0.12%	0.12%
CRUS	F	0.15%	0.17%	0.15%
CUZ	C	0.22%	0.12%	0.12%
CWEN	D	0.06%	0.11%	0.06%
CWEN	D	0.07%	0.11%	0.07%
DBX	B	0.16%	0.24%	0.16%
DLB	C	0.16%	0.22%	0.16%
DV	C	0.09%	0.16%	0.09%
DXC	B	0.11%	0.16%	0.11%
EHC	A	0.3%	0.16%	0.16%
EPR	D	0.06%	0.19%	0.06%
FAF	C	0.16%	0.19%	0.16%
FHN	A	0.21%	0.17%	0.17%
FMC	F	0.17%	0.14%	0.14%
FTRE	D	0.04%	0.06%	0.04%
GAP	B	0.12%	0.19%	0.12%
GPK	D	0.27%	0.21%	0.21%
GTES	B	0.07%	0.13%	0.07%
HIW	D	0.14%	0.21%	0.14%
HOG	F	0.2%	0.18%	0.18%
HRB	D	0.2%	0.21%	0.2%
INFA	D	0.05%	0.12%	0.05%
INGR	B	0.45%	0.16%	0.16%
IVZ	C	0.25%	0.19%	0.19%
JAZZ	B	0.15%	0.12%	0.12%
JEF	A	0.1%	0.25%	0.1%
JHG	B	0.49%	0.19%	0.19%
JWN	B	0.06%	0.16%	0.06%
KBR	B	0.41%	0.24%	0.24%
KRC	C	0.11%	0.15%	0.11%
KSS	F	0.05%	0.18%	0.05%
LAD	B	0.21%	0.23%	0.21%
LEA	F	0.11%	0.13%	0.11%
LEG	F	0.06%	0.11%	0.06%
LNC	B	0.09%	0.08%	0.08%
LOPE	B	0.05%	0.0%	0.0%
LPX	B	0.17%	0.12%	0.12%
M	D	0.13%	0.19%	0.13%
MAN	F	0.07%	0.18%	0.07%
MDU	F	0.17%	0.12%	0.12%
MPW	F	0.05%	0.1%	0.05%
MTG	C	0.23%	0.2%	0.2%
MTN	D	0.2%	0.08%	0.08%
MUSA	B	0.33%	0.16%	0.16%
NFG	C	0.21%	0.2%	0.2%
NVT	B	0.19%	0.04%	0.04%
NWL	B	0.1%	0.12%	0.1%
NXST	C	0.1%	0.22%	0.1%
OGN	F	0.09%	0.06%	0.06%
OHI	C	0.2%	0.23%	0.2%
OLED	F	0.09%	0.21%	0.09%
OMF	A	0.19%	0.21%	0.19%
ORI	A	0.13%	0.22%	0.13%
OSK	B	0.29%	0.22%	0.22%
OZK	B	0.13%	0.13%	0.13%
PATH	C	0.11%	0.12%	0.11%
PEGA	A	0.1%	0.24%	0.1%
PINC	A	0.14%	0.11%	0.11%
PK	B	0.06%	0.14%	0.06%
POST	D	0.09%	0.13%	0.09%
PR	C	0.18%	0.13%	0.13%
PRGO	C	0.07%	0.1%	0.07%
PSN	B	0.12%	0.15%	0.12%
PVH	C	0.16%	0.16%	0.16%
R	A	0.28%	0.24%	0.24%
RGA	A	0.29%	0.09%	0.09%
RHI	B	0.2%	0.18%	0.18%
RL	B	0.09%	0.22%	0.09%
SCI	B	0.27%	0.24%	0.24%
SEE	C	0.07%	0.1%	0.07%
SNDR	B	0.19%	0.1%	0.1%
SNV	B	0.28%	0.21%	0.21%
SNX	C	0.08%	0.23%	0.08%
SON	D	0.12%	0.13%	0.12%
SPB	B	0.08%	0.1%	0.08%
ST	F	0.08%	0.18%	0.08%
STWD	D	0.1%	0.18%	0.1%
TDC	D	0.1%	0.11%	0.1%
THC	B	0.25%	0.22%	0.22%
THO	B	0.13%	0.19%	0.13%
TNL	A	0.15%	0.18%	0.15%
TOL	C	0.27%	0.26%	0.26%
TPR	B	0.25%	0.23%	0.23%
U	F	0.1%	0.14%	0.1%
UGI	D	0.25%	0.2%	0.2%
UNM	A	0.23%	0.27%	0.23%
VAC	B	0.07%	0.17%	0.07%
VFC	C	0.2%	0.09%	0.09%
VOYA	B	0.16%	0.09%	0.09%
WAL	B	0.21%	0.21%	0.21%
WBS	A	0.24%	0.15%	0.15%
WCC	B	0.22%	0.25%	0.22%
WEN	C	0.1%	0.15%	0.1%
WH	A	0.14%	0.13%	0.13%
WHR	B	0.19%	0.19%	0.19%
WU	F	0.07%	0.17%	0.07%
ZI	D	0.1%	0.23%	0.1%
ZION	B	0.18%	0.17%	0.17%

ESML Overweight 778 Positions Relative to JVAL

Symbol	Grade	Weight
CASY	B	0.52%
CVNA	B	0.48%
USFD	A	0.48%
SFM	B	0.43%
GWRE	A	0.43%
EWBC	B	0.39%
JLL	C	0.38%
FIX	B	0.37%
NTNX	B	0.34%
FTI	B	0.34%
FLEX	B	0.33%
REXR	F	0.33%
FRT	C	0.32%
XPO	B	0.32%
RGLD	C	0.32%
OGS	A	0.31%
BMI	B	0.29%
IBKR	A	0.29%
BLD	F	0.28%
SUM	C	0.28%
BWXT	A	0.28%
ITT	A	0.28%
GBCI	B	0.28%
CNX	B	0.27%
BJ	B	0.27%
DTM	B	0.27%
PNFP	B	0.27%
SAIA	B	0.27%
COHR	B	0.27%
SIGI	B	0.27%
SSB	B	0.26%
WMS	F	0.26%
RNR	D	0.26%
NTRA	B	0.26%
AXTA	A	0.26%
ATR	A	0.25%
HRI	B	0.25%
UMBF	B	0.25%
PCVX	D	0.25%
DCI	A	0.25%
MWA	B	0.24%
CNM	D	0.24%
RRC	B	0.24%
CW	B	0.24%
WEX	D	0.24%
NCLH	B	0.24%
EXLS	B	0.23%
BFAM	F	0.23%
MOG.A	B	0.23%
ONTO	F	0.23%
CDP	C	0.23%
AWI	B	0.23%
PRGS	A	0.23%
KBH	D	0.22%
FND	F	0.22%
FTAI	B	0.22%
GNRC	B	0.22%
FTDR	B	0.22%
ALK	A	0.22%
AAON	B	0.22%
ENSG	C	0.22%
PRI	A	0.22%
AA	C	0.21%
HAS	D	0.21%
SRPT	F	0.21%
ZWS	B	0.21%
CBSH	A	0.21%
HHH	B	0.21%
INSM	D	0.21%
CMC	B	0.21%
LSTR	B	0.21%
CVLT	A	0.21%
FELE	A	0.21%
CUBE	D	0.21%
EGP	C	0.21%
NJR	A	0.21%
FCN	F	0.2%
FRPT	B	0.2%
TTEK	C	0.2%
LECO	C	0.2%
AFRM	B	0.2%
PCTY	A	0.2%
LNW	F	0.2%
BDC	C	0.2%
AR	B	0.2%
ITRI	B	0.2%
WTS	B	0.2%
GME	C	0.19%
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	C	0.19%
WWD	B	0.19%
RHP	B	0.19%
WSC	F	0.19%
RLI	A	0.19%
DAR	B	0.19%
NOVT	C	0.19%
CR	B	0.19%
DUOL	B	0.18%
PCH	F	0.18%
TMHC	C	0.18%
NYT	C	0.18%
MTZ	B	0.18%
MTH	D	0.18%
WING	D	0.18%
GPI	A	0.18%
CIEN	B	0.18%
EPRT	C	0.18%
AMG	B	0.18%
SOFI	B	0.18%
MORN	B	0.18%
TGNA	B	0.18%
KNSL	C	0.18%
RGEN	C	0.17%
TKO	D	0.17%
GATX	A	0.17%
VVV	B	0.17%
AEIS	C	0.17%
ONB	B	0.17%
LUMN	B	0.17%
GKOS	A	0.17%
PLNT	A	0.17%
THG	A	0.17%
MSA	D	0.17%
SITE	D	0.17%
PLXS	C	0.17%
SPXC	B	0.17%
PEN	B	0.17%
WFRD	D	0.16%
SPSC	D	0.16%
FLS	B	0.16%
UBSI	B	0.16%
LSCC	D	0.16%
FN	B	0.16%
CHX	D	0.16%
BANR	B	0.16%
SF	B	0.16%
ITCI	C	0.16%
BHE	C	0.16%
ESTC	C	0.16%
GXO	B	0.16%
KNTK	B	0.16%
LAZ	C	0.16%
PCOR	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%
BRKR	F	0.15%
CZR	F	0.15%
GTLB	B	0.15%
MEDP	C	0.15%
JXN	B	0.15%
NOV	C	0.15%
ASGN	C	0.15%
MYRG	B	0.15%
MMSI	B	0.15%
MOD	C	0.15%
AM	B	0.15%
KTB	B	0.15%
X	C	0.15%
SLM	B	0.15%
VNT	B	0.15%
ELAN	D	0.15%
HQY	B	0.15%
LNTH	F	0.15%
EAT	B	0.15%
RRX	C	0.15%
ACIW	B	0.15%
SR	C	0.14%
BCPC	B	0.14%
VKTX	D	0.14%
ECG	C	0.14%
RMBS	B	0.14%
CHDN	C	0.14%
ACA	B	0.14%
IDCC	B	0.14%
KLIC	C	0.14%
CFLT	B	0.14%
AVAV	C	0.14%
RYAN	A	0.14%
ESI	B	0.14%
HXL	D	0.14%
VLY	B	0.14%
LFUS	D	0.14%
MAT	C	0.14%
FIBK	B	0.14%
TPH	D	0.14%
ATI	D	0.14%
FSS	C	0.14%
SMAR	A	0.14%
NSIT	F	0.14%
PDCO	F	0.14%
CAVA	B	0.13%
CRDO	B	0.13%
WTM	A	0.13%
CABO	B	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	A	0.13%
CYTK	C	0.13%
SWX	B	0.13%
KNF	C	0.13%
BOX	A	0.13%
MKSI	C	0.13%
AZEK	B	0.13%
CPF	B	0.13%
VMI	B	0.13%
BECN	B	0.13%
CBT	C	0.13%
CADE	B	0.13%
TPX	B	0.13%
CHE	D	0.13%
FYBR	D	0.13%
PRIM	B	0.13%
NXT	C	0.12%
BLKB	C	0.12%
AIT	A	0.12%
ABG	B	0.12%
YETI	C	0.12%
WHD	B	0.12%
WGO	B	0.12%
XENE	C	0.12%
S	B	0.12%
SHOO	D	0.12%
ELF	C	0.12%
MTX	B	0.12%
WERN	B	0.12%
GL	B	0.12%
LBRDA	C	0.12%
IRDM	C	0.12%
OLLI	C	0.12%
NPO	B	0.12%
GTLS	A	0.12%
ADT	B	0.12%
CGNX	C	0.11%
ACHC	F	0.11%
HAE	B	0.11%
TRNO	D	0.11%
SLG	C	0.11%
APPF	B	0.11%
PFSI	D	0.11%
ETSY	C	0.11%
QTWO	A	0.11%
EVR	B	0.11%
IBP	F	0.11%
LCII	C	0.11%
BHVN	C	0.11%
KOS	F	0.11%
VECO	F	0.11%
WDFC	B	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%
ADC	A	0.11%
FLR	C	0.11%
DFIN	D	0.11%
STRL	B	0.11%
FIVE	F	0.11%
IMAX	C	0.1%
INSP	F	0.1%
POWL	B	0.1%
PRCT	C	0.1%
VC	D	0.1%
CSGS	B	0.1%
MRCY	B	0.1%
SJW	F	0.1%
CRC	B	0.1%
AMAL	B	0.1%
SCL	C	0.1%
KAR	B	0.1%
FA	D	0.1%
ERII	B	0.1%
AUB	B	0.1%
RVMD	B	0.1%
SIG	B	0.1%
BILL	A	0.1%
APAM	B	0.1%
ABCB	B	0.1%
RXO	C	0.1%
HCP	A	0.1%
CVBF	B	0.1%
ALKS	B	0.1%
DNLI	B	0.1%
DRS	B	0.1%
FUL	F	0.1%
SSD	D	0.1%
TXRH	A	0.1%
DY	C	0.1%
GMED	B	0.1%
RDUS	C	0.1%
EFSC	B	0.1%
HR	C	0.09%
RDN	C	0.09%
MIR	C	0.09%
CRSP	D	0.09%
KFY	B	0.09%
EWTX	C	0.09%
UNIT	C	0.09%
KD	A	0.09%
CRVL	B	0.09%
ESE	B	0.09%
ABM	B	0.09%
LYFT	B	0.09%
ICFI	C	0.09%
AEO	F	0.09%
PJT	B	0.09%
MGRC	B	0.09%
AROC	B	0.09%
NMIH	C	0.09%
RDNT	B	0.09%
CFR	B	0.09%
VNO	C	0.09%
CURB	C	0.09%
SLAB	F	0.09%
SHAK	C	0.09%
TRN	B	0.09%
FR	C	0.09%
BRC	A	0.09%
OPCH	F	0.09%
AMED	F	0.09%
CAC	B	0.09%
ATKR	D	0.09%
BRBR	A	0.09%
TENB	C	0.09%
UNFI	C	0.08%
TILE	B	0.08%
CWK	B	0.08%
PLMR	C	0.08%
PRKS	B	0.08%
AUR	D	0.08%
BWIN	D	0.08%
EVRI	A	0.08%
TDS	B	0.08%
AZTA	F	0.08%
ALG	B	0.08%
BXMT	D	0.08%
ENOV	C	0.08%
ICUI	D	0.08%
RUN	F	0.08%
RNA	B	0.08%
SBRA	C	0.08%
BOH	B	0.08%
BPMC	B	0.08%
NTGR	B	0.08%
STC	C	0.08%
RNST	B	0.08%
TEX	D	0.08%
LBPH	A	0.08%
TARS	C	0.08%
PI	D	0.08%
LITE	A	0.08%
CNK	B	0.08%
GVA	B	0.08%
RKLB	B	0.08%
LNN	C	0.08%
HWC	B	0.08%
MAC	B	0.08%
MTSI	B	0.08%
JBT	A	0.08%
MNKD	C	0.07%
CART	C	0.07%
XRAY	F	0.07%
VITL	F	0.07%
VNOM	C	0.07%
PAYO	B	0.07%
WTFC	B	0.07%
W	F	0.07%
PAR	B	0.07%
CCS	F	0.07%
SG	C	0.07%
UPST	B	0.07%
KREF	D	0.07%
AVNT	B	0.07%
UEC	C	0.07%
MRUS	C	0.07%
CALX	F	0.07%
RH	C	0.07%
WD	D	0.07%
NARI	C	0.07%
AAT	C	0.07%
COLD	F	0.07%
HBI	B	0.07%
ESNT	D	0.07%
PHAT	F	0.07%
PDM	D	0.07%
HAIN	F	0.07%
GT	C	0.07%
PLUS	F	0.07%
COMP	B	0.07%
CCCS	B	0.07%
ENR	B	0.07%
PECO	A	0.07%
EYE	D	0.07%
DOCS	B	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%
LBRDK	C	0.07%
ROG	D	0.07%
INTA	B	0.07%
SASR	A	0.07%
HIMS	B	0.07%
ESRT	D	0.07%
TREX	C	0.07%
SEM	B	0.07%
DEA	D	0.07%
KTOS	B	0.07%
ZD	B	0.07%
CTS	B	0.07%
MHK	D	0.07%
VSEC	B	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	C	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	C	0.07%
CHWY	B	0.07%
AMWD	B	0.07%
RARE	D	0.07%
SFBS	B	0.06%
RBBN	B	0.06%
NRIX	B	0.06%
RNG	B	0.06%
ADUS	D	0.06%
VBTX	B	0.06%
SLVM	C	0.06%
ANDE	D	0.06%
CC	C	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	C	0.06%
SPR	F	0.06%
CHH	B	0.06%
COKE	C	0.06%
LCID	F	0.06%
PLAY	C	0.06%
NUVL	D	0.06%
CLH	B	0.06%
ROCK	C	0.06%
OMCL	C	0.06%
PTGX	C	0.06%
EXP	B	0.06%
RUSHB	B	0.06%
ALKT	B	0.06%
IBOC	B	0.06%
SM	C	0.06%
PYCR	B	0.06%
VERX	B	0.06%
MOV	C	0.06%
VVI	B	0.06%
EXPO	D	0.06%
OWL	B	0.06%
CAKE	B	0.06%
IART	D	0.06%
FIVN	C	0.06%
JANX	C	0.06%
FROG	C	0.06%
ADMA	B	0.06%
LXP	C	0.06%
EWCZ	C	0.06%
FFIN	B	0.06%
HI	C	0.06%
KVYO	C	0.06%
FUN	B	0.06%
TALO	C	0.06%
UFPT	C	0.06%
PNTG	D	0.06%
ELVN	C	0.06%
FOUR	B	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%
APG	B	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	C	0.06%
AVPT	B	0.06%
IRON	B	0.06%
HURN	B	0.06%
CLB	C	0.06%
OII	B	0.06%
RCM	B	0.06%
MASI	B	0.06%
JBGS	F	0.06%
FL	F	0.06%
ROIV	C	0.06%
BANC	B	0.06%
UPBD	B	0.06%
KROS	C	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	B	0.06%
KE	C	0.06%
GBX	A	0.06%
ENV	B	0.06%
CALM	B	0.06%
ZYME	B	0.06%
CLNE	C	0.06%
WRBY	B	0.06%
SATS	C	0.06%
NVST	C	0.06%
ALEC	C	0.05%
JAMF	F	0.05%
HZO	F	0.05%
KLG	D	0.05%
MLTX	B	0.05%
IMVT	D	0.05%
PFS	B	0.05%
DOCN	D	0.05%
ZEUS	C	0.05%
FLO	F	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%
WOLF	F	0.05%
BEAM	C	0.05%
ARCB	C	0.05%
MMS	D	0.05%
LESL	D	0.05%
LGF.A	F	0.05%
WNC	C	0.05%
BBIO	F	0.05%
BE	B	0.05%
DLX	A	0.05%
AHH	D	0.05%
NEP	F	0.05%
ACEL	B	0.05%
EPC	F	0.05%
RAMP	C	0.05%
GRBK	D	0.05%
ASH	F	0.05%
TNDM	F	0.05%
CAR	C	0.05%
VSTS	D	0.05%
AMBC	C	0.05%
NEOG	F	0.05%
COGT	D	0.05%
DGII	B	0.05%
FLGT	F	0.05%
REVG	B	0.05%
FFBC	B	0.05%
FLG	D	0.05%
CDE	D	0.05%
THRM	F	0.05%
PBI	C	0.05%
MRC	B	0.05%
AGYS	B	0.05%
ICHR	C	0.05%
KELYA	F	0.05%
FRSH	B	0.05%
BNL	D	0.05%
SIBN	D	0.05%
NABL	F	0.05%
SNDX	D	0.05%
ASTE	B	0.05%
MNRO	B	0.05%
AGIO	B	0.05%
KMPR	A	0.05%
TGTX	B	0.05%
PSMT	C	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%
IONS	F	0.05%
AVDX	B	0.05%
NEO	B	0.05%
UAA	B	0.05%
TGI	B	0.05%
WKC	D	0.05%
THS	F	0.05%
SHC	D	0.05%
MXL	C	0.05%
PGRE	B	0.05%
OSCR	F	0.05%
ARVN	D	0.05%
RYN	F	0.05%
TROX	F	0.05%
PLRX	C	0.05%
WT	B	0.05%
SMPL	B	0.05%
FLYW	B	0.05%
ARKO	C	0.05%
TMDX	F	0.05%
ESTA	D	0.05%
AI	B	0.05%
PDFS	C	0.05%
SBH	C	0.05%
SKY	B	0.05%
GEF	A	0.05%
MLNK	C	0.05%
CNMD	C	0.05%
MMI	B	0.05%
EDR	C	0.05%
XPRO	F	0.05%
TWST	F	0.05%
AWR	B	0.05%
LIVN	C	0.05%
GEF	A	0.05%
NCNO	B	0.05%
SMP	B	0.05%
PRG	B	0.05%
HLIT	D	0.05%
ARQT	B	0.05%
VRTS	B	0.05%
CWAN	B	0.05%
SLNO	C	0.05%
BROS	B	0.05%
DCO	B	0.05%
VRNT	D	0.05%
NBHC	B	0.05%
ATEN	B	0.05%
PRO	C	0.05%
INFN	C	0.05%
CMCO	B	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	B	0.05%
AXSM	B	0.05%
YELP	C	0.05%
PBF	F	0.05%
COOP	B	0.05%
PRAA	B	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	C	0.05%
BKU	B	0.05%
HAYW	C	0.05%
HCC	C	0.05%
RKT	F	0.05%
PD	C	0.05%
KYMR	C	0.05%
ETWO	D	0.04%
OMI	F	0.04%
CAL	D	0.04%
TXG	F	0.04%
FNA	B	0.04%
DK	D	0.04%
FORM	F	0.04%
CXM	C	0.04%
SAVA	D	0.04%
SVRA	F	0.04%
NUVB	B	0.04%
MEG	F	0.04%
MYGN	F	0.04%
SPT	C	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	D	0.04%
KURA	D	0.04%
PRTA	F	0.04%
BRY	F	0.04%
CLW	F	0.04%
DYN	C	0.04%
PTEN	C	0.04%
HPP	F	0.04%
COUR	F	0.04%
AMC	C	0.04%
RCKT	F	0.04%
QS	F	0.04%
MTUS	C	0.04%
GO	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%
PENN	B	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	B	0.04%
XPEL	C	0.04%
ALRM	C	0.04%
QDEL	F	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	F	0.03%
CRMT	F	0.03%
CDNA	D	0.03%
SEDG	F	0.03%
APLS	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 237 Positions Relative to JVAL

Symbol	Grade	Weight
META	B	-2.16%
GOOGL	B	-2.13%
AVGO	C	-1.99%
AAPL	C	-1.91%
MSFT	C	-1.77%
UNH	B	-1.71%
JNJ	D	-1.3%
CRM	B	-1.19%
ORCL	A	-1.16%
CAT	C	-0.87%
IBM	C	-0.85%
QCOM	F	-0.84%
HD	B	-0.83%
TXN	C	-0.83%
CSCO	A	-0.75%
CVX	B	-0.74%
AMAT	F	-0.74%
INTU	A	-0.73%
PFE	F	-0.71%
AMGN	F	-0.71%
MRK	F	-0.7%
T	A	-0.67%
C	A	-0.62%
INTC	C	-0.58%
PM	C	-0.57%
ADI	F	-0.57%
LRCX	F	-0.54%
MDT	D	-0.54%
GILD	C	-0.52%
APP	B	-0.52%
MO	A	-0.51%
BMY	B	-0.5%
APH	B	-0.5%
CMCSA	B	-0.49%
KLAC	F	-0.49%
MRVL	B	-0.48%
CI	D	-0.47%
ELV	F	-0.47%
RTX	C	-0.47%
MU	D	-0.46%
COF	B	-0.44%
BAC	A	-0.43%
CVS	F	-0.42%
GM	A	-0.42%
BK	B	-0.41%
USB	A	-0.4%
FDX	B	-0.4%
VRT	B	-0.4%
ROP	A	-0.39%
CMI	A	-0.39%
GD	A	-0.38%
JCI	A	-0.38%
TFC	B	-0.38%
PCAR	B	-0.37%
AIG	B	-0.37%
DELL	B	-0.37%
KMI	B	-0.37%
MPC	D	-0.35%
PRU	B	-0.35%
DHI	F	-0.35%
PSX	D	-0.35%
TWLO	A	-0.34%
TGT	C	-0.34%
GLW	C	-0.34%
DD	D	-0.33%
HPQ	B	-0.33%
MCHP	F	-0.33%
LEN	D	-0.33%
F	C	-0.33%
ETR	B	-0.33%
CTSH	A	-0.32%
KR	A	-0.32%
SPG	B	-0.32%
GRMN	A	-0.32%
LDOS	B	-0.32%
LHX	A	-0.31%
STT	B	-0.3%
ON	F	-0.3%
FITB	A	-0.3%
ED	D	-0.3%
NUE	C	-0.3%
EBAY	C	-0.3%
SYF	B	-0.3%
PAYC	B	-0.3%
HPE	B	-0.3%
PHM	D	-0.29%
PKG	B	-0.29%
DOV	A	-0.29%
JBL	C	-0.29%
VICI	D	-0.29%
GDDY	A	-0.29%
ZM	B	-0.29%
SNA	A	-0.29%
KHC	F	-0.28%
GIS	F	-0.28%
PNR	A	-0.28%
GEN	A	-0.27%
FFIV	A	-0.27%
IP	C	-0.27%
HBAN	B	-0.27%
PPL	A	-0.27%
NTAP	D	-0.27%
DAL	A	-0.26%
BLDR	D	-0.26%
OMC	B	-0.26%
CDW	F	-0.26%
WDAY	B	-0.26%
CFG	B	-0.26%
RS	B	-0.25%
LYB	F	-0.25%
MRO	B	-0.25%
BBY	D	-0.25%
RF	B	-0.25%
DGX	A	-0.25%
AKAM	F	-0.25%
ADM	F	-0.25%
OC	A	-0.25%
UAL	B	-0.25%
UTHR	B	-0.25%
MTB	B	-0.25%
MOS	D	-0.24%
SAIC	C	-0.24%
FOXA	A	-0.24%
EVRG	A	-0.24%
SSNC	C	-0.24%
PFG	C	-0.24%
DOW	F	-0.24%
AMCR	D	-0.23%
MTCH	F	-0.23%
VLO	D	-0.23%
CNC	F	-0.23%
NWSA	B	-0.23%
CCK	D	-0.23%
KIM	A	-0.23%
DOX	C	-0.23%
EXC	C	-0.22%
UHS	D	-0.22%
DKS	F	-0.22%
SWKS	F	-0.22%
PNW	B	-0.22%
TER	F	-0.22%
CTRA	B	-0.22%
TAP	B	-0.22%
WSM	F	-0.22%
OGE	B	-0.22%
VTRS	B	-0.22%
DRI	B	-0.22%
CNH	D	-0.21%
DNB	B	-0.21%
KEY	B	-0.21%
GFS	C	-0.21%
NVR	D	-0.21%
SLGN	A	-0.21%
EPAM	B	-0.21%
CAG	F	-0.21%
VZ	C	-0.2%
ALLY	C	-0.2%
CPB	F	-0.19%
MSM	B	-0.19%
FNB	A	-0.19%
MGM	D	-0.18%
PTC	B	-0.18%
CRBG	C	-0.18%
PAG	B	-0.18%
IPG	F	-0.18%
GPN	B	-0.18%
HUM	D	-0.18%
GNTX	C	-0.18%
TXT	C	-0.18%
GPC	D	-0.18%
OVV	C	-0.18%
ANSS	B	-0.18%
ACI	C	-0.17%
DOCU	B	-0.17%
ZBH	C	-0.17%
DINO	D	-0.16%
LH	A	-0.16%
HII	D	-0.16%
LKQ	D	-0.16%
BAX	F	-0.15%
DG	F	-0.15%
RVTY	C	-0.15%
GLOB	B	-0.15%
SJM	F	-0.15%
QRVO	F	-0.15%
LVS	C	-0.15%
IPGP	C	-0.15%
VRSN	C	-0.14%
CXT	D	-0.14%
FIS	B	-0.14%
BG	D	-0.14%
HST	C	-0.14%
POOL	D	-0.14%
FBIN	F	-0.14%
SWK	F	-0.14%
PB	B	-0.14%
PH	A	-0.14%
BEN	C	-0.14%
PARA	C	-0.13%
OKTA	C	-0.13%
REG	A	-0.13%
BBWI	C	-0.13%
FHB	B	-0.13%
DVN	F	-0.13%
GLPI	D	-0.13%
PNC	B	-0.12%
BSY	F	-0.12%
G	B	-0.12%
ENTG	D	-0.12%
WPC	F	-0.12%
RPRX	F	-0.12%
APTV	D	-0.12%
AGR	C	-0.11%
DDS	C	-0.11%
HRL	F	-0.11%
NNN	F	-0.11%
ADTN	B	-0.11%
IAC	F	-0.11%
D	D	-0.1%
PII	F	-0.1%
SIRI	D	-0.1%
BOKF	B	-0.09%
PPC	B	-0.09%
TSN	C	-0.09%
HSIC	F	-0.07%
AMKR	F	-0.07%
TFX	F	-0.07%
DT	C	-0.06%
CF	B	-0.06%
FANG	D	-0.06%
BDX	D	-0.06%
UHAL	C	-0.05%
CE	F	-0.05%
SOLV	D	-0.05%
EQR	C	-0.04%
HUN	F	-0.03%
ALGM	F	-0.0%