ESML vs. RNSC ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to First Trust Small Cap US Equity Select ETF (RNSC)

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

$45.22

Average Daily Volume

89,295

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

RNSC

First Trust Small Cap US Equity Select ETF

RNSC Description

The Small Cap US Equity Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze Small Cap US Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$32.19

Average Daily Volume

3,054

Number of Holdings ^*

302

* may have additional holdings in another (foreign) market

Performance

Period	ESML	RNSC
30 Days	8.75%	8.93%
60 Days	8.59%	6.65%
90 Days	9.69%	6.86%
12 Months	34.45%	24.26%

140 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in RNSC	Overlap
AAT	B	0.07%	0.18%	0.07%
ABM	B	0.09%	0.28%	0.09%
ALG	B	0.08%	0.29%	0.08%
ANDE	D	0.06%	0.18%	0.06%
APAM	B	0.1%	0.2%	0.1%
ARCB	C	0.05%	0.27%	0.05%
AROC	B	0.1%	0.3%	0.1%
ASB	B	0.17%	0.23%	0.17%
AVA	A	0.19%	0.19%	0.19%
AWR	B	0.05%	0.19%	0.05%
AZZ	B	0.07%	0.28%	0.07%
BANC	A	0.06%	0.2%	0.06%
BANR	B	0.18%	0.23%	0.18%
BGC	C	0.05%	0.22%	0.05%
BHE	B	0.16%	1.18%	0.16%
BHLB	B	0.2%	0.21%	0.2%
BKU	A	0.06%	0.21%	0.06%
BNL	D	0.05%	0.16%	0.05%
BOH	B	0.08%	0.23%	0.08%
BRC	D	0.09%	0.25%	0.09%
BXMT	C	0.08%	0.18%	0.08%
CABO	C	0.13%	0.63%	0.13%
CAKE	C	0.06%	0.37%	0.06%
CAL	D	0.04%	0.29%	0.04%
CALM	A	0.06%	0.24%	0.06%
CBU	B	0.06%	0.22%	0.06%
CC	C	0.05%	0.24%	0.05%
CCOI	B	0.1%	0.59%	0.1%
CCS	D	0.06%	0.27%	0.06%
CDP	C	0.21%	0.17%	0.17%
CLB	B	0.06%	0.26%	0.06%
CMCO	B	0.06%	0.28%	0.06%
CNMD	C	0.05%	2.66%	0.05%
CPK	A	0.13%	0.2%	0.13%
CRAI	B	0.05%	0.29%	0.05%
CRI	D	0.04%	0.26%	0.04%
CSGS	B	0.11%	1.24%	0.11%
CTS	C	0.07%	1.24%	0.07%
CVBF	A	0.12%	0.24%	0.12%
CWEN	C	0.07%	0.17%	0.07%
CWEN	C	0.05%	0.17%	0.05%
CWT	D	0.04%	0.18%	0.04%
DEA	D	0.07%	0.15%	0.07%
DEI	B	0.02%	0.18%	0.02%
DK	C	0.04%	0.25%	0.04%
EFSC	B	0.11%	0.21%	0.11%
ENR	B	0.07%	0.2%	0.07%
EPAC	B	0.13%	0.31%	0.13%
EPC	D	0.04%	0.18%	0.04%
EPR	D	0.05%	0.16%	0.05%
ESE	B	0.09%	0.31%	0.09%
ESRT	C	0.07%	0.17%	0.07%
FBP	B	0.2%	0.18%	0.18%
FFBC	A	0.05%	0.21%	0.05%
FIBK	A	0.15%	0.2%	0.15%
FL	F	0.06%	0.28%	0.06%
FULT	A	0.12%	0.22%	0.12%
GBX	A	0.07%	0.35%	0.07%
GEF	A	0.05%	0.29%	0.05%
GEF	A	0.05%	0.29%	0.05%
GVA	A	0.08%	0.33%	0.08%
HI	C	0.07%	0.32%	0.07%
HIW	D	0.13%	0.16%	0.13%
HNI	B	0.15%	0.33%	0.15%
HWKN	B	0.07%	0.25%	0.07%
ICFI	F	0.08%	0.22%	0.08%
IDCC	A	0.14%	0.72%	0.14%
INDB	B	0.08%	0.23%	0.08%
IOSP	B	0.08%	0.26%	0.08%
IRDM	D	0.12%	0.52%	0.12%
JBGS	D	0.05%	0.15%	0.05%
JBT	B	0.08%	0.32%	0.08%
KLG	C	0.05%	0.19%	0.05%
KNTK	B	0.18%	0.33%	0.18%
KSS	F	0.05%	0.26%	0.05%
LCII	C	0.1%	0.3%	0.1%
LEG	F	0.05%	0.28%	0.05%
LEVI	F	0.05%	0.24%	0.05%
LNN	B	0.08%	0.27%	0.08%
LXP	D	0.06%	0.16%	0.06%
MAC	B	0.08%	0.19%	0.08%
MLKN	D	0.04%	0.31%	0.04%
MMI	B	0.05%	0.18%	0.05%
MPW	F	0.05%	0.13%	0.05%
MTRN	C	0.06%	0.26%	0.06%
MTX	B	0.12%	0.26%	0.12%
MWA	B	0.25%	0.31%	0.25%
NBHC	B	0.05%	0.21%	0.05%
NBTB	B	0.06%	0.21%	0.06%
NPO	A	0.13%	0.29%	0.13%
NWL	B	0.1%	0.37%	0.1%
NWN	A	0.07%	0.19%	0.07%
OUT	A	0.07%	0.17%	0.07%
PBI	B	0.05%	0.28%	0.05%
PCH	D	0.17%	0.16%	0.16%
PDCO	D	0.13%	2.59%	0.13%
PEB	D	0.06%	0.16%	0.06%
PFS	B	0.05%	0.21%	0.05%
PGRE	F	0.05%	0.17%	0.05%
PINC	B	0.14%	3.03%	0.14%
PJT	A	0.1%	0.22%	0.1%
PK	B	0.06%	0.18%	0.06%
POWL	C	0.09%	0.35%	0.09%
PPBI	B	0.06%	0.21%	0.06%
PRG	C	0.05%	0.31%	0.05%
PRGS	A	0.24%	1.1%	0.24%
PRIM	A	0.14%	0.37%	0.14%
PSMT	C	0.05%	0.31%	0.05%
REVG	B	0.05%	0.29%	0.05%
RNST	B	0.08%	0.21%	0.08%
SASR	B	0.08%	0.22%	0.08%
SCL	C	0.1%	0.25%	0.1%
SHOO	D	0.11%	0.28%	0.11%
SJW	D	0.09%	0.18%	0.09%
SKT	B	0.07%	0.19%	0.07%
SLVM	B	0.05%	0.25%	0.05%
SNDR	B	0.19%	0.29%	0.19%
SPB	C	0.08%	0.18%	0.08%
STC	B	0.08%	0.18%	0.08%
SXT	B	0.07%	0.24%	0.07%
TDS	B	0.08%	0.75%	0.08%
TGNA	B	0.2%	0.36%	0.2%
TNC	D	0.05%	0.24%	0.05%
TNL	A	0.16%	0.37%	0.16%
TRN	C	0.1%	0.29%	0.1%
UPBD	B	0.06%	0.33%	0.06%
VAC	B	0.08%	0.39%	0.08%
VBTX	B	0.06%	0.21%	0.06%
VCTR	B	0.07%	0.22%	0.07%
VRTS	B	0.06%	0.21%	0.06%
VSEC	C	0.08%	0.38%	0.08%
VSTS	C	0.05%	0.25%	0.05%
WDFC	B	0.11%	0.2%	0.11%
WEN	D	0.09%	0.33%	0.09%
WERN	C	0.12%	0.28%	0.12%
WGO	C	0.12%	0.32%	0.12%
WKC	D	0.05%	0.22%	0.05%
WT	B	0.06%	0.22%	0.06%
XHR	B	0.07%	0.18%	0.07%
XRX	F	0.04%	0.9%	0.04%

ESML Overweight 764 Positions Relative to RNSC

Symbol	Grade	Weight
CASY	A	0.52%
JHG	A	0.51%
USFD	A	0.49%
CVNA	B	0.48%
SFM	A	0.43%
GWRE	A	0.43%
INGR	B	0.42%
EWBC	A	0.4%
FIX	A	0.38%
NTNX	A	0.36%
KBR	F	0.35%
FTI	A	0.35%
AYI	B	0.34%
JLL	D	0.34%
MUSA	A	0.34%
FLEX	A	0.33%
XPO	B	0.33%
IBKR	A	0.32%
FRT	B	0.31%
REXR	F	0.31%
NTRA	B	0.31%
OGS	A	0.31%
OSK	B	0.3%
GBCI	B	0.3%
BWXT	B	0.3%
BMI	B	0.3%
RGA	A	0.3%
PNFP	B	0.3%
SNV	B	0.3%
SIGI	C	0.29%
TPR	B	0.29%
EHC	B	0.29%
RGLD	C	0.29%
R	B	0.29%
SUM	B	0.28%
CNX	A	0.28%
DTM	B	0.28%
COHR	B	0.28%
SAIA	B	0.28%
ITT	A	0.28%
SCI	B	0.27%
TOL	B	0.27%
AVT	C	0.27%
UMBF	B	0.27%
WBS	A	0.27%
SSB	B	0.27%
AXTA	A	0.27%
BLD	D	0.26%
GPK	C	0.26%
ALSN	B	0.26%
WEX	D	0.25%
UNM	A	0.25%
DCI	B	0.25%
AAON	B	0.25%
RRC	B	0.25%
BJ	A	0.25%
WCC	B	0.24%
FTAI	B	0.24%
UGI	A	0.24%
RNR	C	0.24%
MOG.A	B	0.24%
IVZ	B	0.24%
ATR	B	0.24%
HRI	B	0.24%
NCLH	B	0.24%
REZI	A	0.23%
AFRM	B	0.23%
CBSH	A	0.23%
ARMK	B	0.23%
PRI	A	0.23%
AWI	A	0.23%
EXLS	B	0.23%
ALK	C	0.23%
CW	B	0.23%
FHN	A	0.23%
THC	D	0.23%
MTG	C	0.23%
SOFI	A	0.22%
FTDR	A	0.22%
CNM	D	0.22%
LAD	A	0.22%
GNRC	B	0.22%
FELE	B	0.22%
WAL	B	0.22%
CMC	B	0.22%
CVLT	B	0.22%
AR	B	0.22%
EGP	F	0.21%
CMA	A	0.21%
CACI	D	0.21%
WMS	D	0.21%
WTS	B	0.21%
INSM	C	0.21%
PCVX	D	0.21%
ONTO	D	0.21%
LSTR	D	0.21%
CUZ	B	0.21%
RHI	B	0.21%
GME	C	0.21%
NJR	A	0.21%
ITRI	B	0.2%
CNO	A	0.2%
HOG	D	0.2%
FND	C	0.2%
LECO	B	0.2%
BDC	B	0.2%
KNSL	B	0.2%
WHR	B	0.2%
PLNT	A	0.2%
KBH	D	0.2%
MTN	C	0.2%
CUBE	D	0.2%
OMF	A	0.2%
NFG	A	0.2%
PCTY	B	0.2%
ZION	B	0.2%
ENSG	D	0.2%
RLI	B	0.2%
HHH	B	0.2%
WK	B	0.2%
BFAM	D	0.2%
ZWS	B	0.2%
PR	B	0.19%
AMG	B	0.19%
WING	D	0.19%
CIEN	B	0.19%
FCN	D	0.19%
LUMN	C	0.19%
HAS	D	0.19%
ONB	B	0.19%
AXS	A	0.19%
HRB	D	0.19%
LNW	D	0.19%
OHI	C	0.19%
DAR	C	0.19%
FRPT	B	0.19%
GPI	A	0.19%
AA	B	0.19%
NOVT	D	0.19%
RHP	B	0.19%
WWD	B	0.19%
CR	A	0.19%
NVT	B	0.19%
SF	B	0.18%
SRPT	D	0.18%
NYT	C	0.18%
BWA	D	0.18%
SPXC	A	0.18%
THG	A	0.18%
GKOS	B	0.18%
MORN	B	0.18%
DUOL	A	0.18%
EPRT	B	0.18%
MDU	D	0.18%
VFC	C	0.18%
ENLC	A	0.18%
MTH	D	0.17%
AEIS	B	0.17%
LAZ	B	0.17%
CHX	C	0.17%
BERY	B	0.17%
FN	D	0.17%
TMHC	B	0.17%
PCOR	B	0.17%
PEN	B	0.17%
ESTC	C	0.17%
PLXS	B	0.17%
VVV	F	0.17%
LPX	B	0.17%
UBSI	B	0.17%
MSA	D	0.17%
GATX	A	0.17%
WSC	D	0.17%
MTZ	B	0.17%
KTB	B	0.16%
DLB	B	0.16%
RGEN	D	0.16%
BRX	A	0.16%
MYRG	B	0.16%
DBX	B	0.16%
TTEK	F	0.16%
FAF	A	0.16%
EAT	A	0.16%
HQY	B	0.16%
SPSC	C	0.16%
TKO	B	0.16%
ACIW	B	0.16%
SLM	A	0.16%
BCC	B	0.16%
JAZZ	B	0.16%
SITE	D	0.16%
FLS	B	0.16%
ELAN	D	0.16%
GXO	B	0.16%
VOYA	B	0.16%
PVH	C	0.16%
CFLT	B	0.15%
VLY	B	0.15%
ECG	C	0.15%
CADE	B	0.15%
WH	B	0.15%
MEDP	D	0.15%
CRUS	D	0.15%
CROX	D	0.15%
CPF	A	0.15%
MMSI	B	0.15%
FSS	B	0.15%
ANF	C	0.15%
AM	A	0.15%
VNT	B	0.15%
CRS	A	0.15%
NOV	C	0.15%
LSCC	D	0.15%
RRX	B	0.15%
ITCI	C	0.15%
MOD	A	0.15%
WFRD	D	0.15%
GTLB	B	0.15%
OZK	B	0.14%
HXL	D	0.14%
BECN	B	0.14%
X	C	0.14%
CHDN	B	0.14%
GTLS	B	0.14%
ESI	A	0.14%
LFUS	F	0.14%
CHE	D	0.14%
SR	A	0.14%
RYAN	B	0.14%
TPH	D	0.14%
SMAR	A	0.14%
ACA	A	0.14%
ALTR	B	0.14%
RMBS	C	0.14%
MKSI	C	0.14%
IBCP	B	0.14%
BILL	A	0.14%
ASGN	F	0.14%
TPX	B	0.14%
CZR	F	0.14%
ATI	D	0.14%
JXN	C	0.14%
FMC	D	0.14%
NSIT	F	0.13%
AVAV	D	0.13%
M	D	0.13%
HESM	B	0.13%
BRKR	D	0.13%
CAVA	B	0.13%
AIT	A	0.13%
MAT	D	0.13%
STRL	B	0.13%
CBT	C	0.13%
FYBR	D	0.13%
LRN	A	0.13%
ORI	A	0.13%
KNF	A	0.13%
KLIC	B	0.13%
SWX	B	0.13%
ITGR	B	0.13%
CYTK	F	0.13%
AZEK	A	0.13%
MUR	D	0.13%
BOX	B	0.13%
WTM	A	0.13%
BCPC	B	0.13%
VMI	B	0.13%
ELF	C	0.13%
COLB	A	0.13%
AGCO	D	0.13%
AGNC	D	0.12%
OLLI	D	0.12%
EVR	B	0.12%
DFIN	D	0.12%
YETI	C	0.12%
QTWO	A	0.12%
KOS	F	0.12%
RKLB	B	0.12%
WHD	B	0.12%
BLKB	B	0.12%
S	B	0.12%
GL	B	0.12%
ABG	B	0.12%
CRDO	B	0.12%
THO	B	0.12%
ADT	C	0.12%
GAP	C	0.12%
HAE	C	0.12%
PEGA	A	0.11%
PATH	C	0.11%
TXRH	C	0.11%
JEF	A	0.11%
DXC	B	0.11%
ORA	B	0.11%
KRC	C	0.11%
GMED	A	0.11%
ABCB	B	0.11%
AUB	B	0.11%
VKTX	F	0.11%
LYFT	C	0.11%
XENE	D	0.11%
CRNX	C	0.11%
APPF	B	0.11%
ECPG	B	0.11%
SON	D	0.11%
ADC	B	0.11%
MRCY	B	0.11%
HALO	F	0.11%
LBRDA	C	0.11%
KAR	B	0.11%
VC	D	0.1%
RXO	C	0.1%
CFR	B	0.1%
TDC	D	0.1%
HASI	D	0.1%
ERII	D	0.1%
RVMD	C	0.1%
HCP	B	0.1%
BRBR	A	0.1%
TENB	C	0.1%
ALKS	B	0.1%
FA	C	0.1%
SSD	D	0.1%
DV	C	0.1%
CAC	B	0.1%
STWD	C	0.1%
FUL	F	0.1%
VECO	F	0.1%
NXT	C	0.1%
SLG	B	0.1%
ETSY	D	0.1%
DY	D	0.1%
BHVN	D	0.1%
DNLI	D	0.1%
DRS	B	0.1%
CRC	B	0.1%
LITE	B	0.1%
PFSI	D	0.1%
FLR	B	0.1%
TRNO	F	0.1%
AL	B	0.1%
RDUS	C	0.1%
RDNT	B	0.1%
KD	B	0.1%
SIG	B	0.1%
AMAL	B	0.1%
CGNX	C	0.1%
ALTM	C	0.1%
PSN	D	0.1%
LNTH	D	0.1%
FIVE	F	0.1%
LEA	D	0.1%
VNO	B	0.09%
OGN	D	0.09%
AMED	F	0.09%
RNA	D	0.09%
NMIH	D	0.09%
UPST	B	0.09%
U	C	0.09%
ARW	D	0.09%
KFY	B	0.09%
CNK	B	0.09%
POST	C	0.09%
SHAK	C	0.09%
RDN	C	0.09%
MGRC	B	0.09%
FR	C	0.09%
CURB	D	0.09%
SLAB	D	0.09%
ZI	D	0.09%
MTSI	B	0.09%
OPCH	D	0.09%
NXST	C	0.09%
RL	B	0.09%
ATKR	C	0.09%
HWC	B	0.09%
MARA	C	0.09%
CRVL	A	0.09%
IMAX	B	0.09%
IBP	D	0.09%
LNC	B	0.09%
ACHC	F	0.09%
EVRI	A	0.08%
AVPT	A	0.08%
AMWD	C	0.08%
SBRA	C	0.08%
ICUI	D	0.08%
OLED	D	0.08%
KTOS	B	0.08%
KOP	C	0.08%
AUR	C	0.08%
EWTX	C	0.08%
BPMC	C	0.08%
IESC	B	0.08%
BL	B	0.08%
TILE	B	0.08%
TBBK	B	0.08%
ACLX	C	0.08%
SNX	C	0.08%
CRSP	D	0.08%
BPOP	B	0.08%
INTA	A	0.08%
ST	F	0.08%
TNET	D	0.08%
PLYA	B	0.08%
PRVA	B	0.08%
LBPH	A	0.08%
TEX	D	0.08%
CHWY	B	0.08%
INSP	D	0.08%
ENOV	C	0.08%
PIPR	B	0.08%
TARS	B	0.08%
PRKS	C	0.08%
BWIN	D	0.08%
AEO	F	0.08%
HR	C	0.08%
NTGR	B	0.08%
UNIT	B	0.08%
PRCT	B	0.08%
DOCS	C	0.08%
ZD	C	0.08%
PLMR	B	0.08%
MIR	A	0.08%
EE	A	0.07%
RARE	D	0.07%
LBRDK	C	0.07%
UEC	B	0.07%
WU	D	0.07%
GT	C	0.07%
HGV	B	0.07%
SEE	C	0.07%
PECO	A	0.07%
HAFC	A	0.07%
COLM	B	0.07%
VSCO	B	0.07%
TREX	C	0.07%
CWK	B	0.07%
GTES	A	0.07%
BDN	C	0.07%
ESNT	D	0.07%
VVX	C	0.07%
SONO	C	0.07%
AVNT	B	0.07%
PRGO	B	0.07%
ZYME	C	0.07%
ROG	D	0.07%
SEM	B	0.07%
ALHC	C	0.07%
AZTA	D	0.07%
HIMS	B	0.07%
MHK	D	0.07%
GH	B	0.07%
BROS	B	0.07%
FIVN	C	0.07%
ATRC	C	0.07%
HBI	B	0.07%
BC	C	0.07%
WTFC	A	0.07%
WRBY	B	0.07%
AN	C	0.07%
PI	D	0.07%
CCCS	B	0.07%
PAR	B	0.07%
UNFI	A	0.07%
ATGE	B	0.06%
CBZ	B	0.06%
VRRM	D	0.06%
CAR	C	0.06%
FNA	C	0.06%
SG	B	0.06%
AAP	C	0.06%
TMCI	D	0.06%
DLX	B	0.06%
CLSK	C	0.06%
IRON	B	0.06%
PRO	C	0.06%
DCO	C	0.06%
VERA	B	0.06%
RBBN	C	0.06%
PBF	D	0.06%
SATS	D	0.06%
W	F	0.06%
MBUU	C	0.06%
PTCT	B	0.06%
PLAY	D	0.06%
EXPO	D	0.06%
AXSM	B	0.06%
MOV	C	0.06%
AGIO	C	0.06%
NRIX	D	0.06%
VRNT	C	0.06%
COKE	C	0.06%
JWN	C	0.06%
POWI	D	0.06%
CHH	A	0.06%
TGTX	B	0.06%
CWAN	B	0.06%
TDOC	C	0.06%
EXP	A	0.06%
ATEN	B	0.06%
CLH	B	0.06%
ROCK	C	0.06%
PNTG	D	0.06%
AIR	B	0.06%
CLNE	D	0.06%
CMP	C	0.06%
MGNI	A	0.06%
AGO	B	0.06%
RUSHB	B	0.06%
KROS	D	0.06%
VREX	C	0.06%
FROG	C	0.06%
SFBS	B	0.06%
PYCR	C	0.06%
HELE	C	0.06%
CART	C	0.06%
BOOT	D	0.06%
SMTC	B	0.06%
PLUS	F	0.06%
OWL	A	0.06%
NVST	B	0.06%
ACVA	B	0.06%
SM	B	0.06%
RCM	F	0.06%
ROIV	C	0.06%
FLYW	C	0.06%
APG	B	0.06%
IDYA	F	0.06%
HURN	B	0.06%
EYE	C	0.06%
ADMA	B	0.06%
MNKD	C	0.06%
TALO	C	0.06%
TGI	B	0.06%
BYD	C	0.06%
AVDX	B	0.06%
VNOM	A	0.06%
FRSH	C	0.06%
KE	C	0.06%
ENV	B	0.06%
FUN	C	0.06%
KREF	D	0.06%
VRNS	D	0.06%
CLF	F	0.06%
MRUS	F	0.06%
FOUR	B	0.06%
MAN	D	0.06%
VRDN	D	0.06%
VERX	B	0.06%
PDM	D	0.06%
PAHC	C	0.06%
MASI	A	0.06%
IBOC	A	0.06%
WD	D	0.06%
RH	B	0.06%
VVI	C	0.06%
FFIN	B	0.06%
COMP	B	0.06%
OII	B	0.06%
PAYO	A	0.06%
NARI	C	0.06%
SWTX	C	0.05%
RXST	F	0.05%
EWCZ	F	0.05%
TWST	D	0.05%
HZO	D	0.05%
AXL	C	0.05%
ARVN	D	0.05%
NUVB	C	0.05%
THRM	D	0.05%
ZEUS	C	0.05%
ETNB	C	0.05%
HLX	B	0.05%
RYN	D	0.05%
ALRM	C	0.05%
IONS	F	0.05%
PLOW	D	0.05%
DOCN	D	0.05%
ARKO	C	0.05%
SHC	F	0.05%
CECO	A	0.05%
ICHR	C	0.05%
FTRE	D	0.05%
INFA	D	0.05%
CPRX	C	0.05%
GERN	D	0.05%
APGE	F	0.05%
FLG	C	0.05%
CDE	D	0.05%
CLVT	F	0.05%
XRAY	F	0.05%
GOGO	C	0.05%
ACEL	C	0.05%
BASE	C	0.05%
WNC	C	0.05%
MLTX	B	0.05%
SLNO	B	0.05%
INVX	C	0.05%
PENN	C	0.05%
ASAN	C	0.05%
MLNK	B	0.05%
MODG	F	0.05%
AI	B	0.05%
AMBC	C	0.05%
PTGX	C	0.05%
BEAM	D	0.05%
XPEL	C	0.05%
EDR	A	0.05%
RUN	F	0.05%
DGII	B	0.05%
PRAA	C	0.05%
HAIN	C	0.05%
INFN	C	0.05%
MRC	B	0.05%
SPR	D	0.05%
MNRO	D	0.05%
SMP	B	0.05%
VITL	D	0.05%
LCID	F	0.05%
ELVN	D	0.05%
MTTR	B	0.05%
GO	C	0.05%
KYMR	D	0.05%
HAYW	B	0.05%
EMBC	C	0.05%
NEO	C	0.05%
XPRO	F	0.05%
RAMP	C	0.05%
ZUO	B	0.05%
VYX	B	0.05%
OMCL	C	0.05%
HCC	B	0.05%
JANX	C	0.05%
PDFS	C	0.05%
CSTL	D	0.05%
IART	C	0.05%
MHO	D	0.05%
TMDX	F	0.05%
SKY	A	0.05%
BE	B	0.05%
ADUS	D	0.05%
LIVN	F	0.05%
AORT	B	0.05%
SMPL	B	0.05%
SBH	C	0.05%
KMPR	B	0.05%
MDGL	B	0.05%
ASTE	B	0.05%
CUBI	C	0.05%
ARWR	F	0.05%
KVYO	C	0.05%
LOPE	B	0.05%
UFPT	B	0.05%
RNG	B	0.05%
DNOW	B	0.05%
HLIT	D	0.05%
ARQT	C	0.05%
NUVL	D	0.05%
YELP	C	0.05%
UAA	C	0.05%
RUSHA	C	0.05%
MXL	C	0.05%
NCNO	B	0.05%
COOP	B	0.05%
COLD	D	0.05%
CALX	D	0.05%
AGYS	A	0.05%
ALKT	B	0.05%
PD	C	0.05%
CIVI	D	0.05%
RCKT	F	0.04%
OMI	F	0.04%
FOXF	F	0.04%
CLW	F	0.04%
HPP	F	0.04%
FORM	D	0.04%
BKD	D	0.04%
HOUS	D	0.04%
GPRE	F	0.04%
FLGT	F	0.04%
NEP	F	0.04%
KURA	F	0.04%
QS	F	0.04%
PRTA	F	0.04%
NTLA	F	0.04%
PGNY	F	0.04%
CLDX	F	0.04%
EGY	D	0.04%
ESTA	D	0.04%
SPT	C	0.04%
JAMF	F	0.04%
ARCT	F	0.04%
CXM	C	0.04%
TNDM	F	0.04%
CGEM	F	0.04%
COUR	F	0.04%
SAVA	D	0.04%
LESL	C	0.04%
SIBN	F	0.04%
SNDX	F	0.04%
IMVT	F	0.04%
RCUS	F	0.04%
NABL	F	0.04%
MTUS	C	0.04%
MMS	F	0.04%
AMN	F	0.04%
OSCR	D	0.04%
AMC	C	0.04%
ASH	D	0.04%
PLUG	F	0.04%
DYN	F	0.04%
PLRX	F	0.04%
HL	D	0.04%
BBIO	F	0.04%
QDEL	F	0.04%
ARLO	C	0.04%
ALEC	F	0.04%
FLO	D	0.04%
PTEN	C	0.04%
NVCR	C	0.04%
MEI	D	0.04%
IVR	F	0.04%
BRZE	C	0.04%
LGF.A	C	0.04%
THS	D	0.04%
UCB	A	0.04%
KRYS	B	0.04%
RXRX	F	0.04%
GRBK	D	0.04%
TROX	D	0.04%
COGT	D	0.04%
RKT	F	0.04%
AHH	D	0.04%
NEOG	F	0.04%
NVAX	F	0.03%
ANAB	F	0.03%
WOLF	F	0.03%
MEG	F	0.03%
TXG	F	0.03%
SITC	D	0.03%
CNXC	F	0.03%
CDNA	D	0.03%
SVRA	D	0.03%
PHAT	F	0.03%
CRMT	C	0.03%
APLS	D	0.03%
CCRN	F	0.03%
CPRI	F	0.03%
MYGN	F	0.03%
ETWO	F	0.03%
BRY	F	0.03%
MQ	F	0.03%
STAA	F	0.03%
JELD	F	0.03%
KELYA	F	0.03%
AGL	F	0.02%
MC	C	0.02%
NOVA	F	0.02%
VSAT	F	0.02%
SEDG	F	0.02%
ASPN	F	0.02%
GDOT	D	0.01%
MAGN	F	0.01%

ESML Underweight 164 Positions Relative to RNSC

Symbol	Grade	Weight
LMAT	A	-3.02%
USPH	B	-2.87%
NHC	C	-2.67%
CNXN	C	-1.03%
SSTK	F	-0.93%
VSH	D	-0.9%
YOU	D	-0.87%
SHEN	F	-0.51%
USLM	A	-0.4%
WWW	B	-0.4%
PRDO	B	-0.39%
PHIN	A	-0.37%
GHC	C	-0.36%
OSW	A	-0.36%
SAH	A	-0.35%
BKE	B	-0.35%
MCRI	A	-0.34%
STRA	C	-0.33%
WINA	B	-0.33%
APOG	B	-0.32%
LZB	B	-0.32%
JACK	D	-0.32%
DNUT	D	-0.32%
CRGY	B	-0.32%
HEES	B	-0.32%
BOWL	C	-0.32%
WS	B	-0.32%
ULH	B	-0.31%
WOR	F	-0.31%
CRK	B	-0.31%
WTTR	B	-0.31%
B	B	-0.31%
SCS	C	-0.31%
RRR	D	-0.3%
KMT	B	-0.3%
HUBG	A	-0.3%
CEIX	A	-0.3%
SXI	B	-0.3%
PZZA	D	-0.29%
HLIO	B	-0.29%
GFF	A	-0.29%
PTVE	B	-0.29%
TGLS	B	-0.29%
NX	C	-0.29%
EVTC	B	-0.28%
KALU	C	-0.28%
OXM	D	-0.28%
UNF	B	-0.27%
CXT	B	-0.27%
OEC	C	-0.26%
KFRC	D	-0.26%
GIC	D	-0.26%
GES	F	-0.26%
MRTN	C	-0.26%
BLMN	F	-0.25%
BTU	B	-0.25%
PATK	D	-0.25%
AIN	C	-0.25%
KWR	C	-0.25%
SCVL	F	-0.25%
NSSC	D	-0.24%
AESI	B	-0.24%
DAN	D	-0.24%
BFH	B	-0.23%
RES	D	-0.23%
HY	D	-0.23%
NIC	B	-0.22%
BY	B	-0.22%
MGEE	C	-0.22%
BANF	B	-0.22%
PFBC	B	-0.22%
HMN	B	-0.22%
FHB	A	-0.22%
PEBO	A	-0.22%
FRME	B	-0.22%
FBK	B	-0.22%
GABC	B	-0.22%
MCY	A	-0.22%
INSW	F	-0.22%
VIRT	B	-0.22%
SYBT	B	-0.22%
CDRE	D	-0.22%
TRMK	B	-0.22%
WSBC	A	-0.22%
CATY	B	-0.22%
CASH	A	-0.22%
QCRH	A	-0.22%
CHCO	B	-0.21%
SBCF	A	-0.21%
AGM	C	-0.21%
CVI	F	-0.21%
EIG	B	-0.21%
TCBK	B	-0.21%
LKFN	B	-0.21%
SFNC	B	-0.21%
EBC	B	-0.21%
PRK	B	-0.21%
WSFS	A	-0.21%
STEP	B	-0.21%
WABC	B	-0.21%
FDP	B	-0.21%
FHI	A	-0.21%
UVV	B	-0.2%
TR	B	-0.2%
TOWN	B	-0.2%
CNNE	B	-0.2%
HOPE	B	-0.2%
SRCE	B	-0.2%
FCF	A	-0.2%
NWBI	B	-0.2%
FBNC	A	-0.2%
HTH	B	-0.19%
ARI	C	-0.19%
AKR	B	-0.19%
LADR	B	-0.19%
STBA	B	-0.19%
IVT	B	-0.19%
UE	C	-0.19%
LOB	B	-0.19%
BUSE	B	-0.19%
MSEX	B	-0.19%
WMK	C	-0.19%
CODI	B	-0.19%
ROIC	A	-0.19%
WAFD	B	-0.19%
SAFT	C	-0.19%
IMKTA	C	-0.18%
ALEX	C	-0.18%
GTY	B	-0.18%
RC	D	-0.18%
NNI	D	-0.18%
NAVI	C	-0.18%
ABR	C	-0.18%
DRH	B	-0.18%
VRE	B	-0.18%
JJSF	B	-0.18%
NXRT	B	-0.18%
OFG	B	-0.18%
LTC	B	-0.18%
APLE	B	-0.18%
NWE	B	-0.18%
RLJ	C	-0.18%
FBRT	C	-0.18%
NTST	D	-0.17%
UMH	C	-0.17%
KW	B	-0.17%
SHO	C	-0.17%
FCPT	C	-0.17%
PMT	D	-0.17%
NMRK	B	-0.17%
UTZ	D	-0.17%
EXPI	C	-0.16%
DBRG	F	-0.16%
ALX	D	-0.16%
NSA	D	-0.16%
ELME	D	-0.16%
NHI	D	-0.16%
SEB	F	-0.16%
CMTG	F	-0.16%
MBIN	D	-0.16%
JOE	F	-0.15%
GNL	F	-0.15%
IIPR	D	-0.14%
MGPI	F	-0.11%