ESML vs. ROUS ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to Lattice U.S. Equity Strategy ETF (ROUS)

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

ROUS

Lattice U.S. Equity Strategy ETF

ROUS Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Lattice Risk-Optimized US Large Cap Equity Strategy Index (LROUSLX). The fund generally invests at least 80 percent of its assets in securities of the index and in depositary receipts representing securities of the index. The index seeks to improve returns through a market cycle relative to traditional cap-weighted U.S. equity market indices and active U.S. equity market strategies.

Grade (RS Rating)

Last Trade

$53.83

Average Daily Volume

59,393

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	ESML	ROUS
30 Days	8.75%	4.24%
60 Days	8.59%	4.66%
90 Days	9.69%	6.25%
12 Months	34.45%	30.06%

84 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in ROUS	Overlap
AAON	B	0.25%	0.02%	0.02%
ACIW	B	0.16%	0.08%	0.08%
ADC	B	0.11%	0.17%	0.11%
AIT	A	0.13%	0.23%	0.13%
ALKS	B	0.09%	0.27%	0.09%
ALSN	B	0.26%	0.49%	0.26%
AN	C	0.07%	0.22%	0.07%
ANF	C	0.14%	0.05%	0.05%
APPF	B	0.11%	0.07%	0.07%
ARW	D	0.09%	0.19%	0.09%
ASGN	F	0.13%	0.17%	0.13%
ATR	B	0.23%	0.08%	0.08%
AVT	C	0.27%	0.69%	0.27%
AWI	A	0.23%	0.05%	0.05%
AXS	A	0.19%	0.37%	0.19%
AYI	B	0.32%	0.22%	0.22%
BJ	A	0.27%	0.09%	0.09%
BMI	B	0.29%	0.32%	0.29%
BPOP	B	0.08%	0.14%	0.08%
CACI	D	0.2%	0.24%	0.2%
CASY	A	0.53%	0.26%	0.26%
CBT	C	0.13%	0.16%	0.13%
CHE	D	0.14%	0.13%	0.13%
CIEN	B	0.18%	0.02%	0.02%
CMC	B	0.22%	0.14%	0.14%
COKE	C	0.06%	0.13%	0.06%
CRUS	D	0.15%	0.32%	0.15%
CVLT	B	0.22%	0.78%	0.22%
DBX	B	0.15%	0.43%	0.15%
DCI	B	0.24%	0.24%	0.24%
DLB	B	0.17%	0.25%	0.17%
DY	D	0.1%	0.18%	0.1%
EHC	B	0.28%	0.02%	0.02%
EPRT	B	0.18%	0.04%	0.04%
FCN	D	0.19%	0.14%	0.14%
FELE	B	0.21%	0.04%	0.04%
FHN	A	0.23%	0.02%	0.02%
FLEX	A	0.35%	0.14%	0.14%
FLO	D	0.04%	0.19%	0.04%
FSS	B	0.15%	0.1%	0.1%
GPI	A	0.19%	0.29%	0.19%
GPK	C	0.26%	0.23%	0.23%
GWRE	A	0.44%	0.07%	0.07%
HRB	D	0.18%	0.49%	0.18%
INGR	B	0.4%	0.08%	0.08%
ITCI	C	0.15%	0.04%	0.04%
ITRI	B	0.19%	0.02%	0.02%
JHG	A	0.5%	0.08%	0.08%
KD	B	0.12%	0.22%	0.12%
KNF	A	0.14%	0.07%	0.07%
LFUS	F	0.13%	0.04%	0.04%
LNC	B	0.09%	0.06%	0.06%
LOPE	B	0.05%	0.25%	0.05%
LSTR	D	0.2%	0.23%	0.2%
MMS	F	0.04%	0.08%	0.04%
MOG.A	B	0.24%	0.05%	0.05%
MSA	D	0.17%	0.02%	0.02%
MTG	C	0.23%	0.14%	0.14%
MTH	D	0.16%	0.01%	0.01%
MUSA	A	0.34%	0.64%	0.34%
NFG	A	0.21%	0.24%	0.21%
NSIT	F	0.12%	0.32%	0.12%
NXST	C	0.09%	0.04%	0.04%
NYT	C	0.17%	0.35%	0.17%
OGN	D	0.08%	0.2%	0.08%
OHI	C	0.19%	0.02%	0.02%
ONB	B	0.18%	0.01%	0.01%
ORI	A	0.13%	0.31%	0.13%
R	B	0.28%	0.23%	0.23%
RDN	C	0.09%	0.19%	0.09%
RGA	A	0.29%	0.14%	0.14%
RHI	B	0.21%	0.29%	0.21%
RL	B	0.09%	0.14%	0.09%
RNR	C	0.24%	0.16%	0.16%
SEE	C	0.07%	0.02%	0.02%
SFM	A	0.44%	0.14%	0.14%
SNX	C	0.08%	0.25%	0.08%
SON	D	0.11%	0.2%	0.11%
SPSC	C	0.16%	0.06%	0.06%
UMBF	B	0.26%	0.1%	0.1%
UNM	A	0.25%	0.41%	0.25%
VMI	B	0.13%	0.1%	0.1%
VNT	B	0.15%	0.36%	0.15%
WTM	A	0.13%	0.29%	0.13%

ESML Overweight 820 Positions Relative to ROUS

Symbol	Grade	Weight
USFD	A	0.5%
CVNA	B	0.48%
FIX	A	0.42%
EWBC	A	0.4%
FTI	A	0.37%
NTNX	A	0.36%
KBR	F	0.35%
NTRA	B	0.34%
IBKR	A	0.34%
XPO	B	0.33%
JLL	D	0.33%
OGS	A	0.32%
GBCI	B	0.3%
SNV	B	0.3%
DTM	B	0.3%
BWXT	B	0.3%
RGLD	C	0.3%
REXR	F	0.3%
FRT	B	0.3%
OSK	B	0.29%
ITT	A	0.29%
SUM	B	0.29%
CNX	A	0.29%
COHR	B	0.29%
PNFP	B	0.29%
AFRM	B	0.28%
TPR	B	0.28%
SAIA	B	0.28%
SSB	B	0.27%
WBS	A	0.27%
SCI	B	0.27%
SIGI	C	0.27%
FTAI	B	0.26%
TOL	B	0.26%
AXTA	A	0.26%
RRC	B	0.26%
MWA	B	0.25%
UGI	A	0.25%
BLD	D	0.25%
IVZ	B	0.24%
PRGS	A	0.24%
ARMK	B	0.24%
SOFI	A	0.24%
HRI	B	0.24%
AR	B	0.24%
NCLH	B	0.24%
WEX	D	0.24%
ALK	C	0.23%
CBSH	A	0.23%
CNM	D	0.23%
PRI	A	0.23%
EXLS	B	0.23%
REZI	A	0.23%
WCC	B	0.23%
CW	B	0.23%
CUZ	B	0.22%
LAD	A	0.22%
FTDR	A	0.22%
NJR	A	0.22%
PLNT	A	0.21%
WTS	B	0.21%
BFAM	D	0.21%
ONTO	D	0.21%
THC	D	0.21%
GNRC	B	0.21%
CDP	C	0.21%
AA	B	0.21%
GME	C	0.21%
INSM	C	0.21%
WAL	B	0.21%
HOG	D	0.2%
LECO	B	0.2%
KBH	D	0.2%
FRPT	B	0.2%
BDC	B	0.2%
PCTY	B	0.2%
FBP	B	0.2%
PCVX	D	0.2%
BHLB	B	0.2%
ZION	B	0.2%
EGP	F	0.2%
CMA	A	0.2%
CR	A	0.2%
KNSL	B	0.2%
CUBE	D	0.2%
MTN	C	0.2%
OMF	A	0.2%
NVT	B	0.2%
TGNA	B	0.2%
ENSG	D	0.2%
FND	C	0.2%
WMS	D	0.2%
HHH	B	0.2%
ZWS	B	0.2%
RLI	B	0.2%
WK	B	0.2%
ENLC	A	0.19%
WING	D	0.19%
DAR	C	0.19%
LNW	D	0.19%
DUOL	A	0.19%
WWD	B	0.19%
WHR	B	0.19%
AVA	A	0.19%
RHP	B	0.19%
SNDR	B	0.19%
PR	B	0.19%
KNTK	B	0.19%
CNO	A	0.19%
MDU	D	0.19%
PCOR	B	0.18%
SRPT	D	0.18%
ESTC	C	0.18%
MORN	B	0.18%
BERY	B	0.18%
MOD	A	0.18%
THG	A	0.18%
GATX	A	0.18%
MTZ	B	0.18%
GKOS	B	0.18%
HAS	D	0.18%
AMG	B	0.18%
TKO	B	0.18%
NOVT	D	0.18%
SPXC	A	0.18%
TMHC	B	0.17%
PCH	D	0.17%
UBSI	B	0.17%
CHX	C	0.17%
LAZ	B	0.17%
VFC	C	0.17%
LUMN	C	0.17%
ASB	B	0.17%
HQY	B	0.17%
BWA	D	0.17%
LPX	B	0.17%
WSC	D	0.17%
BANR	B	0.17%
PEN	B	0.17%
SF	B	0.17%
PLXS	B	0.17%
PVH	C	0.16%
WFRD	D	0.16%
CRS	A	0.16%
TNL	A	0.16%
BHE	B	0.16%
BCC	B	0.16%
FAF	A	0.16%
SITE	D	0.16%
BRX	A	0.16%
VOYA	B	0.16%
JAZZ	B	0.16%
GXO	B	0.16%
GTLB	B	0.16%
ECG	C	0.16%
FLS	B	0.16%
SLM	A	0.16%
AEIS	B	0.16%
EAT	A	0.16%
PRIM	A	0.15%
SR	A	0.15%
BILL	A	0.15%
ATI	D	0.15%
CPF	A	0.15%
MEDP	D	0.15%
CROX	D	0.15%
KTB	B	0.15%
X	C	0.15%
FMC	D	0.15%
RKLB	B	0.15%
FIBK	A	0.15%
HNI	B	0.15%
RRX	B	0.15%
NOV	C	0.15%
MMSI	B	0.15%
VVV	F	0.15%
FN	D	0.15%
MYRG	B	0.15%
RGEN	D	0.15%
ELAN	D	0.15%
CFLT	B	0.15%
AM	A	0.15%
TTEK	F	0.15%
LSCC	D	0.15%
OZK	B	0.14%
CHDN	B	0.14%
CZR	F	0.14%
KLIC	B	0.14%
TPH	D	0.14%
ESI	A	0.14%
AZEK	A	0.14%
SMAR	A	0.14%
STRL	B	0.14%
RYAN	B	0.14%
AGCO	D	0.14%
IBCP	B	0.14%
ALTR	B	0.14%
JXN	C	0.14%
TPX	B	0.14%
GTLS	B	0.14%
MKSI	C	0.14%
RMBS	C	0.14%
IDCC	A	0.14%
CADE	B	0.14%
NPO	A	0.14%
WH	B	0.14%
BECN	B	0.14%
ACA	A	0.14%
VLY	B	0.14%
QTWO	A	0.13%
BOX	B	0.13%
FYBR	D	0.13%
BRKR	D	0.13%
MUR	D	0.13%
COLB	A	0.13%
ITGR	B	0.13%
CABO	C	0.13%
HESM	B	0.13%
ELF	C	0.13%
SWX	B	0.13%
CAVA	B	0.13%
PINC	B	0.13%
HIW	D	0.13%
PDCO	D	0.13%
HXL	D	0.13%
LRN	A	0.13%
CRDO	B	0.13%
BCPC	B	0.13%
CPK	A	0.13%
YETI	C	0.12%
HAE	C	0.12%
RDUS	C	0.12%
AGNC	D	0.12%
CVBF	A	0.12%
DFIN	D	0.12%
AVAV	D	0.12%
EVR	B	0.12%
WERN	C	0.12%
ABG	B	0.12%
M	D	0.12%
GL	B	0.12%
GAP	C	0.12%
BLKB	B	0.12%
ADT	C	0.12%
MTX	B	0.12%
THO	B	0.12%
WHD	B	0.12%
S	B	0.12%
MAT	D	0.12%
FULT	A	0.12%
EPAC	B	0.12%
CSGS	B	0.11%
CRNX	C	0.11%
AUB	B	0.11%
MARA	C	0.11%
DXC	B	0.11%
ORA	B	0.11%
KRC	C	0.11%
AROC	B	0.11%
SHOO	D	0.11%
LCII	C	0.11%
ABCB	B	0.11%
LBRDA	C	0.11%
WDFC	B	0.11%
JEF	A	0.11%
MRCY	B	0.11%
FLR	B	0.11%
CCOI	B	0.11%
ECPG	B	0.11%
LNTH	D	0.11%
IRDM	D	0.11%
GMED	A	0.11%
OLLI	D	0.11%
EFSC	B	0.11%
CYTK	F	0.11%
PATH	C	0.11%
WGO	C	0.11%
KOS	F	0.11%
KAR	B	0.11%
RXO	C	0.1%
RVMD	C	0.1%
PJT	A	0.1%
VECO	F	0.1%
SCL	C	0.1%
HCP	B	0.1%
TRN	C	0.1%
TDC	D	0.1%
TENB	C	0.1%
CAC	B	0.1%
FIVE	F	0.1%
FUL	F	0.1%
LYFT	C	0.1%
SSD	D	0.1%
HASI	D	0.1%
DV	C	0.1%
CGNX	C	0.1%
APAM	B	0.1%
TRNO	F	0.1%
STWD	C	0.1%
TXRH	C	0.1%
U	C	0.1%
AMAL	B	0.1%
ETSY	D	0.1%
LITE	B	0.1%
PSN	D	0.1%
FA	C	0.1%
RDNT	B	0.1%
BRBR	A	0.1%
CRC	B	0.1%
AL	B	0.1%
SLG	B	0.1%
XENE	D	0.1%
LEA	D	0.1%
VKTX	F	0.1%
ALTM	C	0.1%
PFSI	D	0.1%
SIG	B	0.1%
DRS	B	0.1%
PEGA	A	0.1%
DNLI	D	0.09%
INSP	D	0.09%
GVA	A	0.09%
KFY	B	0.09%
ABM	B	0.09%
LNN	B	0.09%
AVPT	A	0.09%
TDS	B	0.09%
CNK	B	0.09%
ZI	D	0.09%
MGRC	B	0.09%
SLAB	D	0.09%
NMIH	D	0.09%
BRC	D	0.09%
PLMR	B	0.09%
UNIT	B	0.09%
CHWY	B	0.09%
FR	C	0.09%
CURB	D	0.09%
HWC	B	0.09%
MIR	A	0.09%
POWL	C	0.09%
OPCH	D	0.09%
POST	C	0.09%
UPST	B	0.09%
PRCT	B	0.09%
MTSI	B	0.09%
ACHC	F	0.09%
VC	D	0.09%
SJW	D	0.09%
BHVN	D	0.09%
IMAX	B	0.09%
NXT	C	0.09%
BE	B	0.09%
IBP	D	0.09%
ESE	B	0.09%
NWL	B	0.09%
CFR	B	0.09%
HALO	F	0.09%
CRVL	A	0.09%
TILE	B	0.08%
OLED	D	0.08%
CRSP	D	0.08%
UEC	B	0.08%
KOP	C	0.08%
CCCS	B	0.08%
SASR	B	0.08%
PRVA	B	0.08%
AEO	F	0.08%
BPMC	C	0.08%
ENR	B	0.08%
VCTR	B	0.08%
DOCS	C	0.08%
BXMT	C	0.08%
TBBK	B	0.08%
BL	B	0.08%
IESC	B	0.08%
BROS	B	0.08%
NWN	A	0.08%
PRKS	C	0.08%
KTOS	B	0.08%
ERII	D	0.08%
WRBY	B	0.08%
PAR	B	0.08%
VAC	B	0.08%
ALG	B	0.08%
LBPH	A	0.08%
PLYA	B	0.08%
INDB	B	0.08%
TEX	D	0.08%
TARS	B	0.08%
HIMS	B	0.08%
INTA	A	0.08%
NTGR	B	0.08%
ENOV	C	0.08%
UNFI	A	0.08%
BOH	B	0.08%
PIPR	B	0.08%
HR	C	0.08%
STC	B	0.08%
AUR	C	0.08%
ZD	C	0.08%
AZZ	B	0.08%
MAC	B	0.08%
VNO	B	0.08%
JBT	B	0.08%
WEN	D	0.08%
AMED	F	0.08%
ATKR	C	0.08%
BWIN	D	0.08%
SHAK	C	0.08%
RNST	B	0.08%
VSCO	B	0.07%
TDOC	C	0.07%
ICFI	F	0.07%
AAT	B	0.07%
OII	B	0.07%
GT	C	0.07%
MASI	A	0.07%
CALM	A	0.07%
SKT	B	0.07%
SONO	C	0.07%
TREX	C	0.07%
SG	B	0.07%
RH	B	0.07%
PECO	A	0.07%
CWK	B	0.07%
VERX	B	0.07%
ESNT	D	0.07%
HAFC	A	0.07%
MHK	D	0.07%
AVNT	B	0.07%
WU	D	0.07%
ESRT	C	0.07%
PRGO	B	0.07%
CWEN	C	0.07%
PAYO	A	0.07%
FOUR	B	0.07%
ROG	D	0.07%
GTES	A	0.07%
VVX	C	0.07%
FIVN	C	0.07%
VREX	C	0.07%
CMP	C	0.07%
ACLX	C	0.07%
XHR	B	0.07%
CTS	C	0.07%
GH	B	0.07%
HWKN	B	0.07%
BC	C	0.07%
BDN	C	0.07%
ATRC	C	0.07%
AMWD	C	0.07%
EE	A	0.07%
SXT	B	0.07%
RNA	D	0.07%
SEM	B	0.07%
ST	F	0.07%
WTFC	A	0.07%
SPB	C	0.07%
EWTX	C	0.07%
AZTA	D	0.07%
ICUI	D	0.07%
HBI	B	0.07%
IOSP	B	0.07%
EVRI	A	0.07%
OUT	A	0.07%
VSEC	C	0.07%
PI	D	0.07%
SBRA	C	0.07%
TNET	D	0.07%
MRUS	F	0.06%
LXP	D	0.06%
CBZ	B	0.06%
CMCO	B	0.06%
PRO	C	0.06%
CC	C	0.06%
AGIO	C	0.06%
AXSM	B	0.06%
PTCT	B	0.06%
MBUU	C	0.06%
HCC	B	0.06%
POWI	D	0.06%
NBTB	B	0.06%
CLH	B	0.06%
ATEN	B	0.06%
VRDN	D	0.06%
MGNI	A	0.06%
COLD	D	0.06%
ALKT	B	0.06%
ATGE	B	0.06%
SFBS	B	0.06%
MXL	C	0.06%
TMCI	D	0.06%
WT	B	0.06%
PBF	D	0.06%
MDGL	B	0.06%
EXP	A	0.06%
RUSHB	B	0.06%
AGO	B	0.06%
AIR	B	0.06%
ZYME	C	0.06%
CALX	D	0.06%
IRON	B	0.06%
VBTX	B	0.06%
CHH	A	0.06%
PYCR	C	0.06%
HAIN	C	0.06%
FROG	C	0.06%
FNA	C	0.06%
ANDE	D	0.06%
CWAN	B	0.06%
PLUS	F	0.06%
AGYS	A	0.06%
CART	C	0.06%
MNKD	C	0.06%
VRNS	D	0.06%
SATS	D	0.06%
BYD	C	0.06%
PPBI	B	0.06%
HURN	B	0.06%
PAHC	C	0.06%
TALO	C	0.06%
PK	B	0.06%
MAN	D	0.06%
CCS	D	0.06%
FUN	C	0.06%
ROIV	C	0.06%
BOOT	D	0.06%
VVI	C	0.06%
SM	B	0.06%
W	F	0.06%
KE	C	0.06%
APG	B	0.06%
ENV	B	0.06%
HELE	C	0.06%
AVDX	B	0.06%
PEB	D	0.06%
PDM	D	0.06%
FRSH	C	0.06%
BKU	A	0.06%
KREF	D	0.06%
WD	D	0.06%
IBOC	A	0.06%
FLYW	C	0.06%
NVST	B	0.06%
TGTX	B	0.06%
RARE	D	0.06%
EYE	C	0.06%
FFIN	B	0.06%
OWL	A	0.06%
ADMA	B	0.06%
LBRDK	C	0.06%
SMTC	B	0.06%
CLB	B	0.06%
ACVA	B	0.06%
HI	C	0.06%
UPBD	B	0.06%
CBU	B	0.06%
BANC	A	0.06%
CLF	F	0.06%
COLM	B	0.06%
DEA	D	0.06%
HGV	B	0.06%
NARI	C	0.06%
COMP	B	0.06%
AI	B	0.06%
TGI	B	0.06%
ALHC	C	0.06%
GBX	A	0.06%
VNOM	A	0.06%
LGF.A	C	0.05%
ARVN	D	0.05%
MNRO	D	0.05%
FTRE	D	0.05%
BNL	D	0.05%
RXST	F	0.05%
AXL	C	0.05%
PLOW	D	0.05%
THS	D	0.05%
CPRX	C	0.05%
RUN	F	0.05%
PGRE	F	0.05%
PENN	C	0.05%
NRIX	D	0.05%
ARCB	C	0.05%
RYN	D	0.05%
ALRM	C	0.05%
KLG	C	0.05%
ACEL	C	0.05%
TMDX	F	0.05%
WNC	C	0.05%
JANX	C	0.05%
EMBC	C	0.05%
DOCN	D	0.05%
MLTX	B	0.05%
FLG	C	0.05%
ZEUS	C	0.05%
MLNK	B	0.05%
SMP	B	0.05%
PBI	B	0.05%
PFS	B	0.05%
TWST	D	0.05%
CNMD	C	0.05%
PSMT	C	0.05%
KYMR	D	0.05%
ICHR	C	0.05%
MPW	F	0.05%
XPEL	C	0.05%
PLAY	D	0.05%
OMCL	C	0.05%
SLNO	B	0.05%
CSTL	D	0.05%
TROX	D	0.05%
SAVA	D	0.05%
DGII	B	0.05%
AWR	B	0.05%
ARKO	C	0.05%
REVG	B	0.05%
SBH	C	0.05%
GOGO	C	0.05%
INFA	D	0.05%
HLX	B	0.05%
MODG	F	0.05%
ASAN	C	0.05%
NEO	C	0.05%
PTGX	C	0.05%
INFN	C	0.05%
AMBC	C	0.05%
XRAY	F	0.05%
LCID	F	0.05%
UAA	C	0.05%
BGC	C	0.05%
EDR	A	0.05%
PRG	C	0.05%
RNG	B	0.05%
WKC	D	0.05%
MMI	B	0.05%
MTTR	B	0.05%
CDE	D	0.05%
CLSK	C	0.05%
ZUO	B	0.05%
GERN	D	0.05%
PDFS	C	0.05%
IART	C	0.05%
AAP	C	0.05%
ELVN	D	0.05%
KROS	D	0.05%
HAYW	B	0.05%
LIVN	F	0.05%
ADUS	D	0.05%
MRC	B	0.05%
LEG	F	0.05%
RUSHA	C	0.05%
VYX	B	0.05%
SPR	D	0.05%
CAR	C	0.05%
GO	C	0.05%
ASTE	B	0.05%
YELP	C	0.05%
UFPT	B	0.05%
XPRO	F	0.05%
MHO	D	0.05%
FFBC	A	0.05%
INVX	C	0.05%
KVYO	C	0.05%
BASE	C	0.05%
VSTS	C	0.05%
CWEN	C	0.05%
CUBI	C	0.05%
MTRN	C	0.05%
DCO	C	0.05%
VERA	B	0.05%
HLIT	D	0.05%
EPR	D	0.05%
NBHC	B	0.05%
NCNO	B	0.05%
KMPR	B	0.05%
DNOW	B	0.05%
TNC	D	0.05%
SLVM	B	0.05%
GEF	A	0.05%
SKY	A	0.05%
DLX	B	0.05%
IDYA	F	0.05%
CLNE	D	0.05%
VRNT	C	0.05%
RBBN	C	0.05%
EXPO	D	0.05%
JBGS	D	0.05%
PNTG	D	0.05%
VRRM	D	0.05%
CECO	A	0.05%
AORT	B	0.05%
CRAI	B	0.05%
JWN	C	0.05%
CLVT	F	0.05%
RAMP	C	0.05%
FL	F	0.05%
COOP	B	0.05%
VRTS	B	0.05%
VITL	D	0.05%
MOV	C	0.05%
SMPL	B	0.05%
ROCK	C	0.05%
ARQT	C	0.05%
PD	C	0.05%
CIVI	D	0.05%
NUVL	D	0.05%
GEF	A	0.05%
CAKE	C	0.05%
FLGT	F	0.04%
OMI	F	0.04%
NEP	F	0.04%
FOXF	F	0.04%
BKD	D	0.04%
ARCT	F	0.04%
RXRX	F	0.04%
JAMF	F	0.04%
CAL	D	0.04%
GPRE	F	0.04%
RCUS	F	0.04%
CRI	D	0.04%
SNDX	F	0.04%
FORM	D	0.04%
CLW	F	0.04%
PENG	D	0.04%
IMVT	F	0.04%
NABL	F	0.04%
COUR	F	0.04%
SHC	F	0.04%
XRX	F	0.04%
CLDX	F	0.04%
EGY	D	0.04%
QS	F	0.04%
SIBN	F	0.04%
MLKN	D	0.04%
APGE	F	0.04%
HOUS	D	0.04%
PLUG	F	0.04%
CXM	C	0.04%
SPT	C	0.04%
PGNY	F	0.04%
BBIO	F	0.04%
DK	C	0.04%
AMC	C	0.04%
COGT	D	0.04%
QDEL	F	0.04%
DYN	F	0.04%
MTUS	C	0.04%
ASH	D	0.04%
LESL	C	0.04%
IONS	F	0.04%
PLRX	F	0.04%
TNDM	F	0.04%
NUVB	C	0.04%
IVR	F	0.04%
EWCZ	F	0.04%
MEI	D	0.04%
HL	D	0.04%
KSS	F	0.04%
GRBK	D	0.04%
PTEN	C	0.04%
OSCR	D	0.04%
ETNB	C	0.04%
ESTA	D	0.04%
BEAM	D	0.04%
RKT	F	0.04%
AMN	F	0.04%
HZO	D	0.04%
NVCR	C	0.04%
NEOG	F	0.04%
CWT	D	0.04%
EPC	D	0.04%
AHH	D	0.04%
SWTX	C	0.04%
ARLO	C	0.04%
UCB	A	0.04%
THRM	D	0.04%
KRYS	B	0.04%
LEVI	F	0.04%
BRZE	C	0.04%
PRAA	C	0.04%
ARWR	F	0.04%
MEG	F	0.03%
ANAB	F	0.03%
TXG	F	0.03%
HPP	F	0.03%
NVAX	F	0.03%
CNXC	F	0.03%
SITC	D	0.03%
RCKT	F	0.03%
CGEM	F	0.03%
CPRI	F	0.03%
MYGN	F	0.03%
CDNA	D	0.03%
BRY	F	0.03%
KELYA	F	0.03%
APLS	D	0.03%
ETWO	F	0.03%
ALEC	F	0.03%
SVRA	D	0.03%
CRMT	C	0.03%
STAA	F	0.03%
PHAT	F	0.03%
CCRN	F	0.03%
PRTA	F	0.03%
MQ	F	0.03%
NTLA	F	0.03%
JELD	F	0.03%
AGL	F	0.02%
MC	C	0.02%
SEDG	F	0.02%
NOVA	F	0.02%
ASPN	F	0.02%
VSAT	F	0.02%
DEI	B	0.02%
WOLF	F	0.02%
KURA	F	0.02%
GDOT	D	0.01%
MAGN	F	0.01%

ESML Underweight 261 Positions Relative to ROUS

Symbol	Grade	Weight
GOOGL	C	-1.26%
AAPL	C	-1.22%
MSFT	F	-1.14%
WMT	A	-1.09%
JNJ	D	-1.08%
HPQ	B	-1.07%
UNH	C	-1.02%
NTAP	C	-1.0%
NVDA	C	-0.99%
T	A	-0.89%
DELL	C	-0.88%
HPE	B	-0.86%
ABBV	D	-0.85%
VZ	C	-0.84%
KR	B	-0.84%
MRK	F	-0.84%
IBM	C	-0.83%
CSCO	B	-0.83%
XOM	B	-0.82%
MSI	B	-0.82%
JPM	A	-0.81%
HD	A	-0.81%
META	D	-0.78%
EA	A	-0.77%
TMUS	B	-0.76%
CTSH	B	-0.75%
LLY	F	-0.75%
BRK.A	B	-0.72%
GILD	C	-0.7%
FICO	B	-0.67%
TXN	C	-0.65%
PG	A	-0.64%
ORCL	B	-0.64%
EOG	A	-0.63%
AVGO	D	-0.63%
MTB	A	-0.62%
MO	A	-0.6%
APH	A	-0.58%
FOXA	B	-0.58%
GWW	B	-0.58%
IT	C	-0.56%
COST	B	-0.56%
GLW	B	-0.54%
MCK	B	-0.54%
HUM	C	-0.53%
QCOM	F	-0.52%
GDDY	A	-0.52%
AMZN	C	-0.52%
NRG	B	-0.51%
SHW	A	-0.51%
CINF	A	-0.5%
FAST	B	-0.49%
BK	A	-0.48%
CMI	A	-0.48%
VLO	C	-0.47%
INCY	C	-0.44%
RPM	A	-0.44%
ACN	C	-0.44%
CVS	D	-0.44%
CL	D	-0.43%
CTAS	B	-0.43%
ELV	F	-0.42%
FFIV	B	-0.42%
UTHR	C	-0.42%
ACI	C	-0.41%
JNPR	F	-0.4%
V	A	-0.4%
MLI	C	-0.4%
TRV	B	-0.39%
MA	C	-0.39%
EME	C	-0.39%
RS	B	-0.39%
NXPI	D	-0.38%
SW	A	-0.38%
LMT	D	-0.38%
KMB	D	-0.38%
CHRW	C	-0.38%
ETR	B	-0.37%
CMCSA	B	-0.37%
SANM	B	-0.37%
ORLY	B	-0.37%
FDX	B	-0.36%
VRTX	F	-0.36%
AMGN	D	-0.36%
VRSN	F	-0.36%
BBY	D	-0.35%
C	A	-0.34%
PM	B	-0.34%
MKL	A	-0.33%
EBAY	D	-0.33%
CB	C	-0.33%
GPC	D	-0.33%
CDW	F	-0.33%
TER	D	-0.33%
LNG	B	-0.33%
AZO	C	-0.32%
AFL	B	-0.32%
TSCO	D	-0.32%
BMY	B	-0.32%
PCAR	B	-0.31%
ANET	C	-0.31%
SYF	B	-0.31%
WM	A	-0.31%
VICI	C	-0.31%
LOW	D	-0.31%
STLD	B	-0.3%
YUM	B	-0.3%
GRMN	B	-0.3%
RMD	C	-0.3%
AMAT	F	-0.29%
PHM	D	-0.29%
DUK	C	-0.29%
EXEL	B	-0.29%
CDNS	B	-0.29%
PEP	F	-0.28%
KLAC	D	-0.28%
TJX	A	-0.28%
OTIS	C	-0.28%
HSY	F	-0.27%
RF	A	-0.27%
XEL	A	-0.27%
DGX	A	-0.27%
COR	B	-0.27%
EG	C	-0.26%
SYY	B	-0.26%
SO	D	-0.26%
MPC	D	-0.26%
MAS	D	-0.26%
ITW	B	-0.26%
PRU	A	-0.25%
STT	A	-0.25%
KEYS	A	-0.25%
SNA	A	-0.25%
CI	F	-0.24%
PEG	A	-0.24%
MANH	D	-0.24%
NVR	D	-0.24%
ACGL	D	-0.24%
PKG	A	-0.23%
PGR	A	-0.23%
BKNG	A	-0.23%
CRBG	B	-0.23%
DTE	C	-0.23%
TT	A	-0.23%
ED	D	-0.23%
HBAN	A	-0.23%
WFC	A	-0.22%
WSM	B	-0.22%
AEP	D	-0.22%
DKS	C	-0.21%
GEN	B	-0.21%
PNC	B	-0.21%
MCHP	D	-0.21%
CVX	A	-0.21%
OC	A	-0.2%
HCA	F	-0.2%
ROP	B	-0.2%
RSG	A	-0.2%
PPL	B	-0.19%
SNPS	B	-0.19%
DHI	D	-0.19%
VRSK	A	-0.19%
WSO	A	-0.19%
CAT	B	-0.19%
IRM	D	-0.18%
ECL	D	-0.18%
REGN	F	-0.17%
FE	C	-0.17%
MDT	D	-0.17%
LRCX	F	-0.17%
CAH	B	-0.17%
UFPI	B	-0.17%
BAH	F	-0.17%
FITB	A	-0.17%
LYB	F	-0.17%
STX	D	-0.16%
JBL	B	-0.16%
ADBE	C	-0.16%
VST	B	-0.16%
SKX	D	-0.16%
PPG	F	-0.16%
OMC	C	-0.15%
SWKS	F	-0.15%
MMM	D	-0.15%
ABT	B	-0.14%
ALL	A	-0.14%
O	D	-0.14%
BSX	B	-0.14%
ROL	B	-0.14%
MCD	D	-0.14%
GIS	D	-0.14%
LAMR	D	-0.13%
USB	A	-0.13%
PANW	C	-0.13%
DOV	A	-0.13%
WEC	A	-0.13%
AEE	A	-0.13%
EIX	B	-0.12%
BLDR	D	-0.12%
POR	C	-0.12%
LII	A	-0.12%
PSTG	D	-0.12%
AVB	B	-0.12%
FANG	D	-0.12%
EQR	B	-0.12%
LDOS	C	-0.11%
BAC	A	-0.11%
MTD	D	-0.11%
INTU	C	-0.11%
TGT	F	-0.11%
CNC	D	-0.1%
AMCR	D	-0.1%
L	A	-0.1%
DVN	F	-0.1%
NEE	D	-0.09%
HUBB	B	-0.09%
AIZ	A	-0.09%
KO	D	-0.09%
WELL	A	-0.09%
ADI	D	-0.09%
CHRD	D	-0.09%
CBOE	B	-0.09%
OGE	B	-0.08%
GLPI	C	-0.08%
EXC	C	-0.08%
NOC	D	-0.08%
COP	C	-0.08%
SPG	B	-0.07%
PSA	D	-0.07%
GD	F	-0.07%
SRE	A	-0.07%
NNN	D	-0.07%
FTNT	C	-0.07%
PTC	A	-0.06%
CSWI	A	-0.06%
NOW	A	-0.05%
ADSK	A	-0.05%
BR	A	-0.05%
HON	B	-0.05%
CCI	D	-0.04%
COF	B	-0.04%
BCO	D	-0.04%
IP	B	-0.04%
D	C	-0.04%
AKAM	D	-0.04%
ADM	D	-0.03%
CF	B	-0.03%
NWSA	B	-0.03%
JCI	C	-0.03%
SYK	C	-0.02%
PAYX	C	-0.02%
CHTR	C	-0.02%
VTR	C	-0.02%
LIN	D	-0.02%
PSX	C	-0.02%
SLGN	A	-0.02%
AIG	B	-0.02%
AVY	D	-0.01%
MPWR	F	-0.01%
AOS	F	-0.01%
WPC	D	-0.01%