ESML vs. MVV ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to ProShares Ultra MidCap400 (MVV)

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

MVV

ProShares Ultra MidCap400

MVV Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P MidCap 400®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of mid-size company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 400 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.98

Average Daily Volume

11,556

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

Performance

Period	ESML	MVV
30 Days	0.28%	-0.18%
60 Days	0.50%	9.10%
90 Days	8.35%	10.31%
12 Months	26.30%	46.69%

284 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in MVV	Overlap
AA	C	0.19%	0.26%	0.19%
AAON	B	0.21%	0.19%	0.19%
ACHC	F	0.19%	0.18%	0.18%
ADC	B	0.12%	0.2%	0.12%
AGCO	D	0.15%	0.16%	0.15%
AIT	A	0.11%	0.22%	0.11%
ALTR	C	0.14%	0.15%	0.14%
AM	A	0.16%	0.13%	0.13%
AMED	D	0.1%	0.08%	0.08%
AMG	C	0.18%	0.14%	0.14%
AN	B	0.08%	0.12%	0.08%
ANF	D	0.15%	0.18%	0.15%
APPF	C	0.12%	0.14%	0.12%
AR	C	0.21%	0.21%	0.21%
ARMK	B	0.24%	0.26%	0.24%
ARW	C	0.11%	0.19%	0.11%
ARWR	F	0.05%	0.06%	0.05%
ASB	F	0.15%	0.08%	0.08%
ASGN	D	0.15%	0.11%	0.11%
ASH	F	0.05%	0.11%	0.05%
ATR	A	0.23%	0.27%	0.23%
AVNT	B	0.07%	0.12%	0.07%
AVT	B	0.29%	0.13%	0.13%
AXTA	C	0.26%	0.21%	0.21%
AYI	A	0.29%	0.22%	0.22%
AZTA	F	0.08%	0.06%	0.06%
BC	C	0.08%	0.14%	0.08%
BDC	B	0.2%	0.12%	0.12%
BERY	C	0.18%	0.21%	0.18%
BJ	D	0.25%	0.28%	0.25%
BLD	C	0.3%	0.31%	0.3%
BLKB	C	0.13%	0.09%	0.09%
BRBR	B	0.09%	0.21%	0.09%
BRKR	D	0.17%	0.2%	0.17%
BRX	B	0.16%	0.22%	0.16%
BWXT	A	0.26%	0.26%	0.26%
BYD	C	0.06%	0.12%	0.06%
CACI	A	0.22%	0.29%	0.22%
CADE	D	0.13%	0.15%	0.13%
CAR	D	0.05%	0.04%	0.04%
CASY	D	0.5%	0.36%	0.36%
CBSH	D	0.2%	0.18%	0.18%
CBT	B	0.14%	0.16%	0.14%
CC	D	0.06%	0.08%	0.06%
CFR	D	0.08%	0.19%	0.08%
CGNX	F	0.11%	0.18%	0.11%
CHDN	D	0.13%	0.26%	0.13%
CHE	B	0.15%	0.24%	0.15%
CHH	C	0.05%	0.08%	0.05%
CHX	F	0.17%	0.15%	0.15%
CIEN	B	0.18%	0.23%	0.18%
CIVI	F	0.06%	0.12%	0.06%
CLF	D	0.07%	0.16%	0.07%
CLH	C	0.06%	0.32%	0.06%
CMC	C	0.21%	0.16%	0.16%
CNM	F	0.25%	0.23%	0.23%
CNO	C	0.18%	0.1%	0.1%
CNX	A	0.23%	0.12%	0.12%
CNXC	F	0.04%	0.06%	0.04%
COHR	B	0.27%	0.37%	0.27%
COKE	B	0.06%	0.2%	0.06%
COLB	C	0.12%	0.14%	0.12%
COLM	B	0.07%	0.07%	0.07%
CPRI	C	0.07%	0.12%	0.07%
CR	C	0.19%	0.2%	0.19%
CRI	D	0.05%	0.06%	0.05%
CROX	C	0.23%	0.23%	0.23%
CRUS	D	0.18%	0.17%	0.17%
CUBE	C	0.23%	0.31%	0.23%
CUZ	C	0.22%	0.12%	0.12%
CVLT	C	0.21%	0.17%	0.17%
CW	A	0.22%	0.33%	0.22%
CYTK	F	0.13%	0.16%	0.13%
DAR	F	0.18%	0.15%	0.15%
DBX	C	0.15%	0.15%	0.15%
DCI	B	0.25%	0.23%	0.23%
DLB	D	0.17%	0.12%	0.12%
DOCS	B	0.07%	0.14%	0.07%
DTM	A	0.23%	0.2%	0.2%
DUOL	B	0.16%	0.27%	0.16%
EGP	D	0.23%	0.24%	0.23%
EHC	B	0.29%	0.26%	0.26%
ELF	F	0.13%	0.16%	0.13%
ENOV	F	0.08%	0.06%	0.06%
EPR	C	0.06%	0.1%	0.06%
ESNT	C	0.08%	0.18%	0.08%
EVR	C	0.1%	0.24%	0.1%
EWBC	D	0.33%	0.29%	0.29%
EXLS	B	0.2%	0.16%	0.16%
EXP	C	0.06%	0.25%	0.06%
EXPO	B	0.07%	0.15%	0.07%
FAF	B	0.17%	0.17%	0.17%
FCN	B	0.23%	0.21%	0.21%
FFIN	D	0.06%	0.12%	0.06%
FHN	D	0.19%	0.22%	0.19%
FIVE	D	0.12%	0.14%	0.12%
FIX	B	0.36%	0.37%	0.36%
FLO	C	0.05%	0.12%	0.05%
FLR	D	0.1%	0.21%	0.1%
FLS	B	0.15%	0.18%	0.15%
FN	C	0.17%	0.22%	0.17%
FND	B	0.24%	0.34%	0.24%
FR	C	0.1%	0.19%	0.1%
FYBR	C	0.14%	0.21%	0.14%
GAP	F	0.12%	0.12%	0.12%
GATX	D	0.16%	0.12%	0.12%
GBCI	D	0.25%	0.13%	0.13%
GEF	C	0.05%	0.04%	0.04%
GEF	C	0.05%	0.04%	0.04%
GME	D	0.18%	0.23%	0.18%
GMED	D	0.1%	0.21%	0.1%
GPK	B	0.29%	0.23%	0.23%
GT	F	0.06%	0.06%	0.06%
GTLS	F	0.11%	0.14%	0.11%
GXO	D	0.15%	0.16%	0.15%
HAE	D	0.11%	0.1%	0.1%
HALO	D	0.12%	0.19%	0.12%
HGV	F	0.06%	0.06%	0.06%
HOG	C	0.24%	0.12%	0.12%
HQY	B	0.14%	0.18%	0.14%
HRB	C	0.21%	0.23%	0.21%
HWC	D	0.08%	0.12%	0.08%
HXL	F	0.15%	0.13%	0.13%
IBKR	A	0.26%	0.39%	0.26%
IBOC	D	0.06%	0.08%	0.06%
INGR	A	0.41%	0.23%	0.23%
IRDM	C	0.13%	0.09%	0.09%
ITT	B	0.3%	0.32%	0.3%
JAZZ	F	0.15%	0.18%	0.15%
JEF	B	0.09%	0.26%	0.09%
JHG	C	0.45%	0.13%	0.13%
JLL	B	0.38%	0.34%	0.34%
JWN	D	0.06%	0.06%	0.06%
KBH	C	0.23%	0.16%	0.16%
KBR	D	0.4%	0.22%	0.22%
KD	F	0.09%	0.14%	0.09%
KMPR	D	0.05%	0.1%	0.05%
KNF	C	0.13%	0.13%	0.13%
KNSL	D	0.2%	0.26%	0.2%
KRC	C	0.11%	0.11%	0.11%
LAD	B	0.19%	0.22%	0.19%
LEA	F	0.13%	0.16%	0.13%
LECO	F	0.19%	0.29%	0.19%
LFUS	C	0.15%	0.17%	0.15%
LITE	C	0.08%	0.11%	0.08%
LIVN	D	0.05%	0.07%	0.05%
LNTH	C	0.14%	0.19%	0.14%
LNW	F	0.2%	0.22%	0.2%
LOPE	D	0.05%	0.11%	0.05%
LPX	A	0.17%	0.17%	0.17%
LSCC	D	0.17%	0.2%	0.17%
LSTR	D	0.22%	0.17%	0.17%
M	F	0.13%	0.11%	0.11%
MAN	D	0.08%	0.09%	0.08%
MASI	C	0.05%	0.15%	0.05%
MAT	C	0.13%	0.17%	0.13%
MDU	C	0.3%	0.15%	0.15%
MEDP	F	0.15%	0.22%	0.15%
MKSI	F	0.15%	0.2%	0.15%
MMS	A	0.05%	0.14%	0.05%
MORN	C	0.18%	0.22%	0.18%
MSA	D	0.19%	0.18%	0.18%
MTG	B	0.25%	0.17%	0.17%
MTN	D	0.22%	0.18%	0.18%
MTSI	C	0.08%	0.17%	0.08%
MTZ	C	0.16%	0.2%	0.16%
MUR	F	0.14%	0.12%	0.12%
MUSA	D	0.34%	0.24%	0.24%
NEOG	D	0.05%	0.09%	0.05%
NFG	A	0.21%	0.14%	0.14%
NJR	C	0.22%	0.12%	0.12%
NOV	F	0.16%	0.16%	0.16%
NOVT	D	0.21%	0.17%	0.17%
NVST	D	0.06%	0.09%	0.06%
NVT	D	0.2%	0.31%	0.2%
NXST	D	0.09%	0.13%	0.09%
NYT	B	0.19%	0.24%	0.19%
OGS	A	0.33%	0.11%	0.11%
OHI	C	0.2%	0.27%	0.2%
OLED	C	0.1%	0.24%	0.1%
OLLI	C	0.13%	0.16%	0.13%
ONB	D	0.17%	0.15%	0.15%
ONTO	C	0.3%	0.29%	0.29%
OPCH	D	0.13%	0.14%	0.13%
ORA	B	0.11%	0.11%	0.11%
ORI	A	0.13%	0.22%	0.13%
OSK	F	0.28%	0.17%	0.17%
OZK	F	0.12%	0.11%	0.11%
PBF	F	0.06%	0.08%	0.06%
PCH	C	0.19%	0.08%	0.08%
PCTY	C	0.17%	0.18%	0.17%
PEN	D	0.15%	0.19%	0.15%
PK	D	0.06%	0.08%	0.06%
PLNT	C	0.18%	0.18%	0.18%
PNFP	D	0.25%	0.19%	0.19%
POST	B	0.1%	0.14%	0.1%
POWI	F	0.06%	0.09%	0.06%
PR	F	0.17%	0.22%	0.17%
PRGO	F	0.07%	0.09%	0.07%
PRI	A	0.22%	0.24%	0.22%
PSN	A	0.11%	0.13%	0.11%
PVH	F	0.16%	0.14%	0.14%
R	C	0.27%	0.16%	0.16%
RCM	B	0.06%	0.06%	0.06%
REXR	D	0.39%	0.29%	0.29%
RGA	C	0.3%	0.38%	0.3%
RGEN	F	0.17%	0.2%	0.17%
RGLD	C	0.32%	0.25%	0.25%
RH	C	0.07%	0.13%	0.07%
RLI	A	0.19%	0.17%	0.17%
RMBS	F	0.12%	0.12%	0.12%
RNR	A	0.26%	0.37%	0.26%
RRC	D	0.24%	0.19%	0.19%
RRX	C	0.16%	0.29%	0.16%
RYAN	A	0.13%	0.18%	0.13%
RYN	C	0.05%	0.11%	0.05%
SAIA	D	0.24%	0.3%	0.24%
SBRA	C	0.08%	0.11%	0.08%
SCI	C	0.26%	0.3%	0.26%
SF	A	0.15%	0.25%	0.15%
SFM	A	0.35%	0.28%	0.28%
SHC	C	0.05%	0.07%	0.05%
SIGI	D	0.28%	0.15%	0.15%
SLAB	D	0.1%	0.1%	0.1%
SLG	C	0.1%	0.0%	0.0%
SLM	C	0.16%	0.13%	0.13%
SNV	D	0.25%	0.16%	0.16%
SNX	C	0.08%	0.24%	0.08%
SON	D	0.13%	0.14%	0.13%
SR	A	0.15%	0.1%	0.1%
SRPT	F	0.21%	0.31%	0.21%
SSB	C	0.25%	0.19%	0.19%
SSD	C	0.11%	0.21%	0.11%
ST	F	0.09%	0.14%	0.09%
STWD	C	0.11%	0.17%	0.11%
SWN	C	0.24%	0.2%	0.2%
SWX	C	0.13%	0.12%	0.12%
TDC	D	0.1%	0.08%	0.08%
TEX	F	0.08%	0.09%	0.08%
THC	C	0.25%	0.41%	0.25%
THG	A	0.17%	0.14%	0.14%
THO	C	0.13%	0.15%	0.13%
TKO	C	0.18%	0.21%	0.18%
TMHC	B	0.17%	0.19%	0.17%
TNL	B	0.14%	0.08%	0.08%
TOL	A	0.27%	0.4%	0.27%
TPX	B	0.15%	0.25%	0.15%
TREX	D	0.07%	0.19%	0.07%
TTEK	B	0.19%	0.33%	0.19%
TXRH	B	0.1%	0.31%	0.1%
UAA	B	0.05%	0.04%	0.04%
UBSI	D	0.16%	0.13%	0.13%
UGI	C	0.27%	0.14%	0.14%
UMBF	C	0.24%	0.12%	0.12%
UNM	A	0.21%	0.26%	0.21%
USFD	C	0.49%	0.4%	0.4%
VAC	D	0.07%	0.06%	0.06%
VC	F	0.1%	0.07%	0.07%
VLY	C	0.13%	0.1%	0.1%
VMI	B	0.12%	0.15%	0.12%
VNO	B	0.08%	0.17%	0.08%
VNT	F	0.14%	0.13%	0.13%
VOYA	A	0.17%	0.2%	0.17%
VVV	D	0.18%	0.14%	0.14%
WAL	C	0.21%	0.24%	0.21%
WBS	D	0.22%	0.21%	0.21%
WCC	C	0.21%	0.2%	0.2%
WEN	C	0.09%	0.08%	0.08%
WEX	C	0.3%	0.22%	0.22%
WFRD	F	0.16%	0.16%	0.16%
WH	C	0.13%	0.17%	0.13%
WHR	C	0.2%	0.15%	0.15%
WING	B	0.25%	0.33%	0.25%
WMS	D	0.27%	0.29%	0.27%
WTFC	C	0.06%	0.19%	0.06%
WTS	B	0.21%	0.15%	0.15%
WU	D	0.08%	0.11%	0.08%
WWD	B	0.2%	0.27%	0.2%
X	F	0.14%	0.21%	0.14%
XPO	F	0.26%	0.34%	0.26%
XRAY	D	0.07%	0.14%	0.07%
YETI	D	0.13%	0.09%	0.09%
ZI	D	0.09%	0.08%	0.08%
ZION	D	0.17%	0.18%	0.17%

ESML Overweight 620 Positions Relative to MVV

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%
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%
TGNA	B	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%
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%
LRN	C	0.11%
LCII	B	0.11%
ETSY	F	0.11%
IDCC	A	0.11%
CRDO	C	0.1%
BWIN	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%
ZD	D	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%
HELE	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%
PGNY	F	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%
WOLF	F	0.03%
MC	C	0.02%
DEI	A	0.02%
GDOT	C	0.01%

ESML Underweight 108 Positions Relative to MVV

Symbol	Grade	Weight
ILMN	C	-0.55%
CSL	A	-0.54%
LII	C	-0.52%
EME	C	-0.52%
WSM	C	-0.51%
AVTR	D	-0.46%
BURL	D	-0.45%
MANH	C	-0.45%
WSO	B	-0.45%
TPL	B	-0.43%
UTHR	B	-0.42%
RS	D	-0.42%
RPM	C	-0.42%
PSTG	F	-0.41%
DT	C	-0.41%
FNF	A	-0.41%
OC	B	-0.4%
RBA	D	-0.39%
GGG	B	-0.38%
WPC	C	-0.36%
ACM	B	-0.36%
GLPI	B	-0.36%
ELS	D	-0.35%
BMRN	F	-0.35%
EQH	C	-0.35%
DKS	D	-0.33%
AMH	D	-0.32%
PFGC	B	-0.32%
NBIX	F	-0.31%
CCK	A	-0.3%
LAMR	C	-0.3%
OVV	F	-0.26%
AFG	B	-0.26%
CNH	C	-0.26%
ALLY	F	-0.25%
WTRG	D	-0.25%
SKX	C	-0.24%
RBC	B	-0.23%
NNN	A	-0.23%
CHK	C	-0.23%
CG	C	-0.23%
TTC	D	-0.23%
HLI	B	-0.22%
KNX	C	-0.22%
CHRD	F	-0.21%
UFPI	B	-0.21%
OGE	A	-0.21%
EXEL	C	-0.2%
MIDD	D	-0.2%
AAL	D	-0.2%
H	C	-0.19%
STAG	D	-0.19%
KEX	C	-0.19%
GNTX	F	-0.19%
DINO	F	-0.19%
ALV	F	-0.18%
HLNE	A	-0.18%
SEIC	B	-0.18%
PB	D	-0.18%
SAIC	B	-0.18%
BIO	B	-0.17%
G	A	-0.17%
ESAB	C	-0.16%
SRCL	B	-0.15%
OLN	D	-0.15%
KRG	C	-0.15%
TKR	B	-0.14%
IDA	B	-0.14%
MTDR	F	-0.14%
CELH	F	-0.13%
POR	B	-0.13%
HOMB	D	-0.13%
BCO	A	-0.13%
FNB	D	-0.13%
WLK	B	-0.13%
WMG	D	-0.12%
PII	D	-0.12%
IRT	C	-0.12%
QLYS	F	-0.12%
ENS	C	-0.11%
EEFT	F	-0.11%
SLGN	A	-0.11%
BKH	B	-0.11%
NEU	F	-0.11%
ALE	A	-0.1%
ALGM	F	-0.1%
MSM	D	-0.1%
PNM	B	-0.1%
TCBI	C	-0.09%
NSA	C	-0.09%
LANC	F	-0.09%
COTY	F	-0.09%
NWE	A	-0.09%
SMG	B	-0.09%
VAL	F	-0.09%
AMKR	F	-0.09%
FHI	C	-0.08%
PAG	D	-0.08%
NSP	F	-0.08%
SYNA	F	-0.08%
BHF	F	-0.07%
CXT	F	-0.07%
GHC	B	-0.07%
SAM	D	-0.06%
PPC	A	-0.05%
IPGP	D	-0.05%
VSH	F	-0.05%
UA	B	-0.03%