ESML vs. MDY ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to SPDR MidCap Trust Series I (MDY)

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

$41.37

Average Daily Volume

116,212

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

MDY

SPDR MidCap Trust Series I

MDY Description

The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P MidCap 400 Index. The Trust holds the Portfolio and cash and is not actively "managed" by traditional methods. To maintain the correspondence between the composition and weightings of Portfolio Securities and component stocks of the S&P MidCap 400 Index, the Trustee adjusts the Portfolio from time to time to conform to periodic changes in the identity and/or relative weightings of Index Securities.

Grade (RS Rating)

Last Trade

$564.99

Average Daily Volume

724,660

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

Performance

Period	ESML	MDY
30 Days	0.28%	0.23%
60 Days	0.50%	5.36%
90 Days	8.35%	6.33%
12 Months	26.30%	26.93%

285 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in MDY	Overlap
AA	C	0.19%	0.28%	0.19%
AAON	B	0.21%	0.23%	0.21%
ACHC	F	0.19%	0.27%	0.19%
ADC	B	0.12%	0.26%	0.12%
AGCO	D	0.15%	0.2%	0.15%
AIT	A	0.11%	0.28%	0.11%
ALTR	C	0.14%	0.18%	0.14%
AM	A	0.16%	0.18%	0.16%
AMED	D	0.1%	0.11%	0.1%
AMG	C	0.18%	0.2%	0.18%
AN	B	0.08%	0.15%	0.08%
ANF	D	0.15%	0.27%	0.15%
APPF	C	0.12%	0.17%	0.12%
AR	C	0.21%	0.28%	0.21%
ARMK	B	0.24%	0.34%	0.24%
ARW	C	0.11%	0.25%	0.11%
ARWR	F	0.05%	0.1%	0.05%
ASB	F	0.15%	0.12%	0.12%
ASGN	D	0.15%	0.16%	0.15%
ASH	F	0.05%	0.16%	0.05%
ATR	A	0.23%	0.36%	0.23%
AVNT	B	0.07%	0.16%	0.07%
AVT	B	0.29%	0.18%	0.18%
AXTA	C	0.26%	0.28%	0.26%
AYI	A	0.29%	0.27%	0.27%
AZTA	F	0.08%	0.09%	0.08%
BC	C	0.08%	0.19%	0.08%
BDC	B	0.2%	0.15%	0.15%
BERY	C	0.18%	0.28%	0.18%
BJ	D	0.25%	0.38%	0.25%
BLD	C	0.3%	0.44%	0.3%
BLKB	C	0.13%	0.12%	0.12%
BRBR	B	0.09%	0.26%	0.09%
BRKR	D	0.17%	0.23%	0.17%
BRX	B	0.16%	0.29%	0.16%
BWXT	A	0.26%	0.33%	0.26%
BYD	C	0.06%	0.14%	0.06%
CACI	A	0.22%	0.38%	0.22%
CADE	D	0.13%	0.21%	0.13%
CAR	D	0.05%	0.05%	0.05%
CASY	D	0.5%	0.47%	0.47%
CBSH	D	0.2%	0.27%	0.2%
CBT	B	0.14%	0.21%	0.14%
CC	D	0.06%	0.1%	0.06%
CFR	D	0.08%	0.26%	0.08%
CGNX	F	0.11%	0.25%	0.11%
CHDN	D	0.13%	0.33%	0.13%
CHE	B	0.15%	0.31%	0.15%
CHH	C	0.05%	0.11%	0.05%
CHX	F	0.17%	0.21%	0.17%
CIEN	B	0.18%	0.29%	0.18%
CIVI	F	0.06%	0.2%	0.06%
CLF	D	0.07%	0.22%	0.07%
CLH	C	0.06%	0.44%	0.06%
CMC	C	0.21%	0.22%	0.21%
CNM	F	0.25%	0.29%	0.25%
CNO	C	0.18%	0.13%	0.13%
CNX	A	0.23%	0.15%	0.15%
CNXC	F	0.04%	0.12%	0.04%
COHR	B	0.27%	0.37%	0.27%
COKE	B	0.06%	0.22%	0.06%
COLB	C	0.12%	0.19%	0.12%
COLM	B	0.07%	0.1%	0.07%
CPRI	C	0.07%	0.15%	0.07%
CR	C	0.19%	0.28%	0.19%
CRI	D	0.05%	0.09%	0.05%
CROX	C	0.23%	0.31%	0.23%
CRUS	D	0.18%	0.28%	0.18%
CUBE	C	0.23%	0.41%	0.23%
CUZ	C	0.22%	0.15%	0.15%
CVLT	C	0.21%	0.24%	0.21%
CW	A	0.22%	0.43%	0.22%
CYTK	F	0.13%	0.23%	0.13%
DAR	F	0.18%	0.24%	0.18%
DBX	C	0.15%	0.21%	0.15%
DCI	B	0.25%	0.31%	0.25%
DLB	D	0.17%	0.15%	0.15%
DOCS	B	0.07%	0.16%	0.07%
DTM	A	0.23%	0.27%	0.23%
DUOL	B	0.16%	0.28%	0.16%
EGP	D	0.23%	0.32%	0.23%
EHC	B	0.29%	0.33%	0.29%
ELF	F	0.13%	0.29%	0.13%
ENOV	F	0.08%	0.08%	0.08%
EPR	C	0.06%	0.13%	0.06%
ESNT	C	0.08%	0.24%	0.08%
EVR	C	0.1%	0.31%	0.1%
EWBC	D	0.33%	0.41%	0.33%
EXLS	B	0.2%	0.21%	0.2%
EXP	C	0.06%	0.31%	0.06%
EXPO	B	0.07%	0.19%	0.07%
FAF	B	0.17%	0.23%	0.17%
FCN	B	0.23%	0.28%	0.23%
FFIN	D	0.06%	0.17%	0.06%
FHN	D	0.19%	0.32%	0.19%
FIVE	D	0.12%	0.15%	0.12%
FIX	B	0.36%	0.45%	0.36%
FLO	C	0.05%	0.16%	0.05%
FLR	D	0.1%	0.3%	0.1%
FLS	B	0.15%	0.23%	0.15%
FND	B	0.24%	0.43%	0.24%
FR	C	0.1%	0.27%	0.1%
FYBR	C	0.14%	0.23%	0.14%
GAP	F	0.12%	0.17%	0.12%
GATX	D	0.16%	0.18%	0.16%
GBCI	D	0.25%	0.19%	0.19%
GEF	C	0.05%	0.06%	0.05%
GEF	C	0.05%	0.06%	0.05%
GME	D	0.18%	0.22%	0.18%
GMED	D	0.1%	0.29%	0.1%
GPK	B	0.29%	0.33%	0.29%
GT	F	0.06%	0.09%	0.06%
GTLS	F	0.11%	0.18%	0.11%
GXO	D	0.15%	0.21%	0.15%
HAE	D	0.11%	0.14%	0.11%
HALO	D	0.12%	0.29%	0.12%
HELE	D	0.06%	0.04%	0.04%
HGV	F	0.06%	0.09%	0.06%
HOG	C	0.24%	0.16%	0.16%
HQY	B	0.14%	0.24%	0.14%
HRB	C	0.21%	0.31%	0.21%
HWC	D	0.08%	0.16%	0.08%
HXL	F	0.15%	0.19%	0.15%
IBKR	A	0.26%	0.49%	0.26%
IBOC	D	0.06%	0.12%	0.06%
INGR	A	0.41%	0.31%	0.31%
IRDM	C	0.13%	0.11%	0.11%
ITT	B	0.3%	0.41%	0.3%
JAZZ	F	0.15%	0.26%	0.15%
JEF	B	0.09%	0.36%	0.09%
JHG	C	0.45%	0.17%	0.17%
JLL	B	0.38%	0.43%	0.38%
JWN	D	0.06%	0.08%	0.06%
KBH	C	0.23%	0.22%	0.22%
KBR	D	0.4%	0.33%	0.33%
KD	F	0.09%	0.19%	0.09%
KMPR	D	0.05%	0.13%	0.05%
KNF	C	0.13%	0.16%	0.13%
KNSL	D	0.2%	0.38%	0.2%
KRC	C	0.11%	0.14%	0.11%
LAD	B	0.19%	0.29%	0.19%
LEA	F	0.13%	0.23%	0.13%
LECO	F	0.19%	0.39%	0.19%
LFUS	C	0.15%	0.24%	0.15%
LITE	C	0.08%	0.14%	0.08%
LIVN	D	0.05%	0.1%	0.05%
LNTH	C	0.14%	0.26%	0.14%
LNW	F	0.2%	0.35%	0.2%
LOPE	D	0.05%	0.15%	0.05%
LPX	A	0.17%	0.22%	0.17%
LSCC	D	0.17%	0.23%	0.17%
LSTR	D	0.22%	0.23%	0.22%
M	F	0.13%	0.15%	0.13%
MAN	D	0.08%	0.12%	0.08%
MASI	C	0.05%	0.19%	0.05%
MAT	C	0.13%	0.23%	0.13%
MDU	C	0.3%	0.19%	0.19%
MEDP	F	0.15%	0.3%	0.15%
MKSI	F	0.15%	0.27%	0.15%
MMS	A	0.05%	0.2%	0.05%
MORN	C	0.18%	0.29%	0.18%
MSA	D	0.19%	0.24%	0.19%
MTG	B	0.25%	0.24%	0.24%
MTN	D	0.22%	0.24%	0.22%
MTSI	C	0.08%	0.21%	0.08%
MTZ	C	0.16%	0.24%	0.16%
MUR	F	0.14%	0.19%	0.14%
MUSA	D	0.34%	0.35%	0.34%
NEOG	D	0.05%	0.12%	0.05%
NFG	A	0.21%	0.19%	0.19%
NJR	C	0.22%	0.16%	0.16%
NOV	F	0.16%	0.25%	0.16%
NOVT	D	0.21%	0.23%	0.21%
NVST	D	0.06%	0.11%	0.06%
NVT	D	0.2%	0.4%	0.2%
NXST	D	0.09%	0.19%	0.09%
NYT	B	0.19%	0.32%	0.19%
OGS	A	0.33%	0.14%	0.14%
OHI	C	0.2%	0.35%	0.2%
OLED	C	0.1%	0.3%	0.1%
OLLI	C	0.13%	0.19%	0.13%
ONB	D	0.17%	0.22%	0.17%
ONTO	C	0.3%	0.37%	0.3%
OPCH	D	0.13%	0.2%	0.13%
ORA	B	0.11%	0.14%	0.11%
ORI	A	0.13%	0.32%	0.13%
OSK	F	0.28%	0.25%	0.25%
OZK	F	0.12%	0.16%	0.12%
PBF	F	0.06%	0.13%	0.06%
PCH	C	0.19%	0.12%	0.12%
PCTY	C	0.17%	0.25%	0.17%
PEN	D	0.15%	0.28%	0.15%
PGNY	F	0.05%	0.07%	0.05%
PK	D	0.06%	0.11%	0.06%
PLNT	C	0.18%	0.25%	0.18%
PNFP	D	0.25%	0.27%	0.25%
POST	B	0.1%	0.21%	0.1%
POWI	F	0.06%	0.13%	0.06%
PR	F	0.17%	0.26%	0.17%
PRGO	F	0.07%	0.14%	0.07%
PRI	A	0.22%	0.32%	0.22%
PVH	F	0.16%	0.2%	0.16%
R	C	0.27%	0.23%	0.23%
RCM	B	0.06%	0.1%	0.06%
REXR	D	0.39%	0.39%	0.39%
RGA	C	0.3%	0.51%	0.3%
RGEN	F	0.17%	0.28%	0.17%
RGLD	C	0.32%	0.33%	0.32%
RH	C	0.07%	0.14%	0.07%
RLI	A	0.19%	0.22%	0.19%
RMBS	F	0.12%	0.17%	0.12%
RNR	A	0.26%	0.48%	0.26%
RRC	D	0.24%	0.26%	0.24%
RRX	C	0.16%	0.39%	0.16%
RYAN	A	0.13%	0.23%	0.13%
RYN	C	0.05%	0.15%	0.05%
SAIA	D	0.24%	0.35%	0.24%
SBRA	C	0.08%	0.14%	0.08%
SCI	C	0.26%	0.4%	0.26%
SF	A	0.15%	0.32%	0.15%
SFM	A	0.35%	0.37%	0.35%
SHC	C	0.05%	0.07%	0.05%
SIGI	D	0.28%	0.2%	0.2%
SLAB	D	0.1%	0.13%	0.1%
SLM	C	0.16%	0.17%	0.16%
SNV	D	0.25%	0.24%	0.24%
SNX	C	0.08%	0.33%	0.08%
SON	D	0.13%	0.2%	0.13%
SR	A	0.15%	0.13%	0.13%
SRPT	F	0.21%	0.45%	0.21%
SSB	C	0.25%	0.26%	0.25%
SSD	C	0.11%	0.27%	0.11%
ST	F	0.09%	0.21%	0.09%
STWD	C	0.11%	0.22%	0.11%
SWN	C	0.24%	0.25%	0.24%
SWX	C	0.13%	0.15%	0.13%
TDC	D	0.1%	0.1%	0.1%
TEX	F	0.08%	0.14%	0.08%
TGNA	B	0.18%	0.08%	0.08%
THC	C	0.25%	0.57%	0.25%
THG	A	0.17%	0.19%	0.17%
THO	C	0.13%	0.2%	0.13%
TKO	C	0.18%	0.25%	0.18%
TMHC	B	0.17%	0.25%	0.17%
TNL	B	0.14%	0.11%	0.11%
TOL	A	0.27%	0.53%	0.27%
TPX	B	0.15%	0.32%	0.15%
TREX	D	0.07%	0.25%	0.07%
TTEK	B	0.19%	0.45%	0.19%
TXRH	B	0.1%	0.4%	0.1%
UAA	B	0.05%	0.05%	0.05%
UBSI	D	0.16%	0.19%	0.16%
UGI	C	0.27%	0.18%	0.18%
UMBF	C	0.24%	0.16%	0.16%
UNM	A	0.21%	0.35%	0.21%
USFD	C	0.49%	0.47%	0.47%
VAC	D	0.07%	0.09%	0.07%
VC	F	0.1%	0.1%	0.1%
VLY	C	0.13%	0.13%	0.13%
VMI	B	0.12%	0.2%	0.12%
VNO	B	0.08%	0.19%	0.08%
VNT	F	0.14%	0.19%	0.14%
VOYA	A	0.17%	0.25%	0.17%
VVV	D	0.18%	0.19%	0.18%
WBS	D	0.22%	0.29%	0.22%
WCC	C	0.21%	0.26%	0.21%
WEN	C	0.09%	0.1%	0.09%
WEX	C	0.3%	0.28%	0.28%
WFRD	F	0.16%	0.27%	0.16%
WH	C	0.13%	0.22%	0.13%
WHR	C	0.2%	0.19%	0.19%
WING	B	0.25%	0.4%	0.25%
WMS	D	0.27%	0.38%	0.27%
WOLF	F	0.03%	0.04%	0.03%
WTFC	C	0.06%	0.25%	0.06%
WTS	B	0.21%	0.19%	0.19%
WU	D	0.08%	0.15%	0.08%
WWD	B	0.2%	0.36%	0.2%
X	F	0.14%	0.3%	0.14%
XPO	F	0.26%	0.47%	0.26%
XRAY	D	0.07%	0.19%	0.07%
YETI	D	0.13%	0.12%	0.12%
ZD	D	0.07%	0.08%	0.07%
ZI	D	0.09%	0.1%	0.09%
ZION	D	0.17%	0.26%	0.17%

ESML Overweight 619 Positions Relative to MDY

Symbol	Grade	Weight
GWRE	A	0.41%
CVNA	A	0.36%
NTNX	D	0.33%
FTI	B	0.33%
FRT	B	0.32%
BMI	A	0.31%
FLEX	B	0.31%
BFAM	C	0.28%
PCVX	B	0.27%
NTRA	B	0.26%
TPR	B	0.25%
IVZ	C	0.25%
PRGS	B	0.24%
FELE	B	0.23%
MWA	B	0.23%
INSM	D	0.23%
MOG.A	B	0.23%
SUM	D	0.23%
CDP	A	0.22%
HAS	A	0.22%
ALSN	A	0.22%
ALK	B	0.21%
AWI	A	0.21%
WAL	C	0.21%
ENSG	D	0.21%
FTDR	C	0.2%
RHP	C	0.2%
FBP	D	0.2%
EPRT	C	0.2%
FTAI	B	0.2%
RHI	D	0.2%
AVA	B	0.2%
WSC	D	0.2%
NCLH	C	0.2%
HHH	B	0.2%
CMA	C	0.19%
AFRM	C	0.19%
GPI	C	0.19%
GNRC	B	0.19%
MTH	B	0.19%
BWA	C	0.19%
ZWS	A	0.19%
ATI	B	0.18%
MOD	C	0.18%
SPSC	D	0.18%
SITE	D	0.18%
BHLB	D	0.18%
SPXC	C	0.18%
ITRI	C	0.18%
OMF	D	0.18%
FMC	B	0.18%
FRPT	C	0.18%
WK	D	0.18%
ENLC	A	0.18%
NSIT	C	0.18%
VFC	B	0.18%
SNDR	C	0.18%
REZI	F	0.18%
HRI	B	0.18%
AXS	A	0.18%
FN	C	0.17%
ELAN	D	0.17%
BCC	B	0.17%
GKOS	C	0.17%
ESTC	F	0.16%
CZR	C	0.16%
LAZ	C	0.16%
LUMN	C	0.16%
FSS	B	0.16%
PLXS	B	0.16%
BHE	C	0.16%
AEIS	D	0.16%
HIW	C	0.15%
BANR	C	0.15%
KTB	B	0.15%
MMSI	C	0.15%
KNTK	C	0.15%
PDCO	F	0.15%
TPH	B	0.15%
ACIW	A	0.15%
HNI	B	0.15%
PCOR	D	0.15%
AZEK	B	0.14%
ITCI	D	0.14%
BCPC	C	0.14%
NPO	C	0.14%
JXN	B	0.14%
GTLB	D	0.14%
ESI	B	0.14%
FIBK	D	0.14%
CRS	B	0.14%
SMAR	A	0.14%
AVAV	B	0.13%
SOFI	C	0.13%
ADT	D	0.13%
IBCP	D	0.13%
SHOO	A	0.13%
GL	C	0.13%
ITGR	C	0.13%
BOX	C	0.13%
VECO	F	0.13%
HESM	D	0.13%
AGNC	C	0.13%
CPF	C	0.13%
DFIN	D	0.13%
VKTX	D	0.13%
CPK	B	0.13%
ACA	C	0.13%
KLIC	D	0.13%
FA	A	0.12%
ECPG	F	0.12%
ABG	D	0.12%
EPAC	C	0.12%
SITC	F	0.12%
IBP	C	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	C	0.12%
WTM	D	0.12%
BECN	F	0.12%
PINC	F	0.12%
WDFC	C	0.11%
XENE	F	0.11%
SCL	D	0.11%
CFLT	F	0.11%
PRIM	C	0.11%
U	D	0.11%
STRL	C	0.11%
MRCY	C	0.11%
WHD	B	0.11%
DNLI	C	0.11%
EAT	A	0.11%
SIG	C	0.11%
DY	C	0.11%
PATH	D	0.11%
FUL	F	0.11%
MYRG	F	0.11%
BHVN	C	0.11%
S	D	0.11%
KOS	F	0.11%
OGN	D	0.11%
FULT	D	0.11%
PSN	A	0.11%
LRN	C	0.11%
LCII	B	0.11%
ETSY	F	0.11%
IDCC	A	0.11%
CRDO	C	0.1%
BWIN	C	0.1%
SLG	C	0.1%
CSGS	C	0.1%
ALKS	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	D	0.1%
AEO	C	0.1%
AUB	D	0.1%
AL	D	0.1%
INSP	C	0.1%
LBRDA	C	0.1%
SJW	D	0.1%
ABCB	C	0.1%
EFSC	D	0.1%
KAR	D	0.1%
HCP	B	0.1%
CCOI	B	0.1%
DXC	D	0.1%
LYFT	D	0.09%
MGRC	D	0.09%
ICFI	C	0.09%
PJT	C	0.09%
ESE	B	0.09%
UNIT	C	0.09%
LNN	B	0.09%
BXMT	C	0.09%
AUR	C	0.09%
KFY	C	0.09%
STC	C	0.09%
RDN	D	0.09%
CRVL	C	0.09%
CAC	C	0.09%
AROC	C	0.09%
RUN	D	0.09%
RL	B	0.09%
LNC	D	0.09%
HR	C	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%
ERII	C	0.09%
BILL	D	0.09%
CRC	B	0.09%
PI	B	0.09%
RDNT	C	0.09%
AMAL	D	0.09%
TRN	C	0.09%
CVBF	D	0.09%
XHR	C	0.08%
BPMC	F	0.08%
TBBK	C	0.08%
IOSP	F	0.08%
ROG	D	0.08%
RNA	A	0.08%
PLUS	C	0.08%
AZZ	C	0.08%
OUT	C	0.08%
NWN	B	0.08%
ALG	D	0.08%
CHWY	C	0.08%
EVRI	B	0.08%
CWEN	A	0.08%
CLVT	D	0.08%
AMN	F	0.08%
RNST	D	0.08%
CNK	C	0.08%
SHAK	C	0.08%
RVMD	B	0.08%
SXT	C	0.08%
KOP	F	0.08%
MAC	B	0.08%
BOOT	B	0.08%
RARE	C	0.08%
SPB	B	0.08%
CRSP	F	0.08%
IMAX	D	0.08%
PRCT	C	0.08%
ICUI	B	0.08%
PLMR	D	0.08%
MARA	F	0.08%
W	D	0.08%
MHK	B	0.08%
TNET	F	0.08%
ABM	D	0.08%
NWL	D	0.08%
BPOP	D	0.08%
ENR	B	0.07%
UPBD	F	0.07%
LXP	D	0.07%
ENV	C	0.07%
ACVA	C	0.07%
VITL	C	0.07%
ANDE	D	0.07%
TDS	B	0.07%
PNTG	C	0.07%
LEG	D	0.07%
JBGS	C	0.07%
VCTR	C	0.07%
HLIT	C	0.07%
VVX	B	0.07%
SEM	D	0.07%
AAT	C	0.07%
PHAT	C	0.07%
PECO	C	0.07%
XPRO	F	0.07%
CTS	D	0.07%
SASR	C	0.07%
FL	F	0.07%
VRRM	D	0.07%
PEB	D	0.07%
HBI	B	0.07%
PLYA	D	0.07%
SATS	C	0.07%
PRVA	F	0.07%
INTA	C	0.07%
INDB	D	0.07%
PDM	C	0.07%
BL	D	0.07%
CWK	C	0.07%
BOH	F	0.07%
WD	C	0.07%
VRDN	B	0.07%
NTGR	C	0.07%
POWL	A	0.07%
MPW	C	0.07%
KREF	C	0.07%
JBT	B	0.07%
VRNS	C	0.07%
ACLX	C	0.07%
DRS	A	0.07%
CCCS	D	0.07%
PIPR	C	0.07%
SEE	B	0.07%
GVA	B	0.07%
KTOS	A	0.07%
AMWD	C	0.07%
HWKN	A	0.07%
DEA	D	0.07%
ESRT	C	0.07%
CALX	C	0.07%
CCS	C	0.07%
COLD	D	0.07%
PRKS	D	0.07%
MTRN	F	0.06%
HURN	C	0.06%
HZO	C	0.06%
TALO	F	0.06%
FROG	F	0.06%
GH	F	0.06%
PRG	C	0.06%
DCO	B	0.06%
NARI	F	0.06%
HI	F	0.06%
LBRDK	C	0.06%
PPBI	D	0.06%
CMCO	D	0.06%
KSS	D	0.06%
TDOC	D	0.06%
APGE	C	0.06%
THS	C	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	C	0.06%
CLB	D	0.06%
MEI	D	0.06%
VSEC	D	0.06%
CART	C	0.06%
HL	C	0.06%
TWST	D	0.06%
AIR	D	0.06%
WRBY	C	0.06%
FOUR	B	0.06%
OSCR	C	0.06%
FUN	F	0.06%
KROS	C	0.06%
ROCK	D	0.06%
PAR	D	0.06%
KYMR	C	0.06%
MYGN	D	0.06%
SPR	D	0.06%
APG	F	0.06%
WKC	B	0.06%
CWEN	A	0.06%
TILE	B	0.06%
OII	D	0.06%
MHO	A	0.06%
UFPT	D	0.06%
MXL	F	0.06%
AVPT	C	0.06%
IESC	B	0.06%
ADUS	C	0.06%
KE	F	0.06%
SQSP	A	0.06%
ALTM	D	0.06%
GERN	D	0.06%
PAHC	C	0.06%
SG	C	0.06%
ATRC	D	0.06%
TARS	C	0.06%
UEC	C	0.06%
CDE	C	0.06%
VRNT	F	0.06%
UNFI	B	0.06%
ADMA	B	0.06%
HIMS	C	0.06%
BANC	C	0.06%
ROIV	D	0.06%
BDN	A	0.06%
CMP	D	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%
EWTX	B	0.06%
ALHC	C	0.06%
NEP	D	0.06%
NUVL	B	0.06%
HAIN	C	0.06%
MIR	B	0.06%
LEVI	B	0.06%
TNDM	D	0.06%
RKT	B	0.06%
MODG	F	0.06%
IDYA	F	0.06%
FLGT	F	0.05%
MQ	F	0.05%
TGTX	C	0.05%
CUBI	F	0.05%
SVRA	D	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	C	0.05%
PENN	D	0.05%
PLUG	F	0.05%
KRYS	D	0.05%
AHH	F	0.05%
KURA	D	0.05%
REVG	D	0.05%
ARVN	F	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	D	0.05%
FFBC	D	0.05%
ARLO	F	0.05%
MGNI	D	0.05%
RAMP	F	0.05%
RBBN	D	0.05%
ZUO	F	0.05%
INVX	F	0.05%
RNG	F	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	C	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	D	0.05%
CCRN	F	0.05%
OMI	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	D	0.05%
ARCB	D	0.05%
BGC	B	0.05%
FOXF	F	0.05%
MRC	D	0.05%
FLYW	F	0.05%
SGH	F	0.05%
PRTA	F	0.05%
ARCT	D	0.05%
NEO	F	0.05%
XRX	F	0.05%
FTRE	F	0.05%
ETWO	D	0.05%
OMCL	C	0.05%
AWR	B	0.05%
WNC	F	0.05%
VERX	B	0.05%
MLTX	C	0.05%
PLAY	D	0.05%
JANX	D	0.05%
CWAN	C	0.05%
CSTL	C	0.05%
ICHR	F	0.05%
PETQ	A	0.05%
SMPL	D	0.05%
HOUS	C	0.05%
VSCO	C	0.05%
VRTS	F	0.05%
MTTR	C	0.05%
EDR	A	0.05%
INFA	D	0.05%
ATGE	C	0.05%
PYCR	D	0.05%
PSMT	B	0.05%
HAYW	B	0.05%
BROS	D	0.05%
GO	F	0.05%
WT	D	0.05%
KELYA	D	0.05%
ATEN	C	0.05%
MNRO	C	0.05%
QDEL	D	0.05%
EMBC	D	0.05%
DYN	D	0.05%
SFBS	D	0.05%
HAFC	D	0.05%
NRIX	D	0.05%
SAVA	D	0.05%
IVR	C	0.05%
VVI	C	0.05%
HCC	D	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%
CAKE	B	0.05%
GBX	C	0.05%
ARQT	D	0.05%
AGYS	D	0.05%
OWL	B	0.05%
PTCT	C	0.05%
CNMD	D	0.05%
NOVA	D	0.05%
SMP	D	0.05%
GRBK	B	0.05%
RXST	F	0.05%
SKY	A	0.05%
BNL	B	0.05%
COGT	C	0.05%
YELP	F	0.05%
THRM	F	0.05%
IONS	F	0.05%
VREX	F	0.05%
AORT	D	0.05%
SLVM	C	0.05%
COOP	C	0.05%
PRAA	F	0.05%
EE	A	0.05%
AGO	D	0.05%
MMI	C	0.05%
PD	F	0.05%
NYCB	D	0.05%
NBTB	D	0.05%
KVYO	B	0.05%
RUSHB	C	0.05%
EWCZ	F	0.05%
SBH	B	0.05%
CALM	A	0.05%
ARKO	C	0.05%
PLOW	C	0.05%
DOCN	C	0.05%
SM	F	0.05%
INFN	C	0.05%
MBUU	D	0.05%
AXSM	C	0.05%
FIVN	F	0.05%
VERA	C	0.05%
CECO	D	0.05%
VNOM	B	0.05%
VBTX	C	0.05%
ZYME	C	0.05%
VSTS	D	0.05%
NTLA	F	0.05%
JELD	D	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%
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	D	0.04%
CAL	F	0.04%
GOGO	F	0.04%
ASPN	C	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	D	0.04%
RCKT	F	0.04%
LESL	F	0.04%
AMC	F	0.04%
FRSH	F	0.04%
DGII	D	0.04%
MLKN	F	0.04%
ALRM	F	0.04%
ALEC	F	0.04%
TMCI	F	0.04%
PFS	D	0.04%
CDNA	C	0.04%
DK	F	0.04%
NVAX	D	0.04%
STAA	D	0.04%
ESTA	F	0.04%
VSAT	F	0.03%
MC	C	0.02%
DEI	A	0.02%
GDOT	C	0.01%

ESML Underweight 107 Positions Relative to MDY

Symbol	Grade	Weight
ILMN	C	-0.74%
CSL	A	-0.71%
LII	C	-0.67%
EME	C	-0.65%
AVTR	D	-0.62%
BURL	D	-0.61%
WSM	C	-0.61%
BMRN	F	-0.61%
MANH	C	-0.58%
RS	D	-0.58%
UTHR	B	-0.57%
TPL	B	-0.57%
RBA	D	-0.56%
PSTG	F	-0.55%
WSO	B	-0.54%
FNF	A	-0.54%
RPM	C	-0.53%
OC	B	-0.52%
GGG	B	-0.5%
GLPI	B	-0.5%
DKS	D	-0.49%
ELS	D	-0.48%
ACM	B	-0.48%
EQH	C	-0.46%
WPC	C	-0.46%
ERIE	A	-0.45%
NBIX	F	-0.45%
AMH	D	-0.45%
DT	C	-0.43%
ALLY	F	-0.42%
PFGC	B	-0.41%
LAMR	C	-0.39%
OVV	F	-0.38%
CCK	A	-0.38%
WTRG	D	-0.35%
TTC	D	-0.34%
CHRD	F	-0.33%
SKX	C	-0.32%
RBC	B	-0.31%
CG	C	-0.31%
AFG	B	-0.31%
KNX	C	-0.3%
NNN	A	-0.3%
HLI	B	-0.29%
CHK	C	-0.29%
OGE	A	-0.28%
UFPI	B	-0.27%
MIDD	D	-0.27%
EXEL	C	-0.27%
GNTX	F	-0.26%
DINO	F	-0.26%
STAG	D	-0.26%
ALV	F	-0.26%
KEX	C	-0.25%
PB	D	-0.25%
SAIC	B	-0.24%
SEIC	B	-0.24%
H	C	-0.24%
G	A	-0.23%
MTDR	F	-0.23%
ESAB	C	-0.21%
CELH	F	-0.2%
KRG	C	-0.2%
FNB	D	-0.19%
TKR	B	-0.19%
SRCL	B	-0.19%
POR	B	-0.18%
IDA	B	-0.18%
HOMB	D	-0.18%
OLN	D	-0.18%
IRT	C	-0.17%
WLK	B	-0.17%
EEFT	F	-0.17%
BCO	A	-0.17%
PII	D	-0.16%
QLYS	F	-0.16%
SLGN	A	-0.15%
NEU	F	-0.14%
WMG	D	-0.14%
BKH	B	-0.14%
ENS	C	-0.14%
ALE	A	-0.13%
PNM	B	-0.13%
MSM	D	-0.13%
VAL	F	-0.13%
NSA	C	-0.12%
PAG	D	-0.12%
NWE	A	-0.12%
NSP	F	-0.12%
AMKR	F	-0.12%
COTY	F	-0.12%
LANC	F	-0.12%
SMG	B	-0.11%
TCBI	C	-0.11%
SYNA	F	-0.11%
FHI	C	-0.1%
GHC	B	-0.1%
BHF	F	-0.1%
CACC	F	-0.1%
SAM	D	-0.09%
VSH	F	-0.09%
ALGM	F	-0.08%
PPC	A	-0.07%
IPGP	D	-0.07%
ADNT	D	-0.07%
MP	C	-0.06%
UA	B	-0.05%