ESML vs. SMLF ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to iShares FactorSelect MSCI USA Small-Cap ETF (SMLF)

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

$40.98

Average Daily Volume

116,531

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

SMLF

iShares FactorSelect MSCI USA Small-Cap ETF

SMLF Description

The investment seeks to track the investment results of the MSCI USA Small Cap Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The underlying index is designed to select equity securities from MSCI USA Small Cap Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.33

Average Daily Volume

77,865

Number of Holdings ^*

815

* may have additional holdings in another (foreign) market

Performance

Period	ESML	SMLF
30 Days	0.19%	1.12%
60 Days	0.40%	6.77%
90 Days	8.24%	8.22%
12 Months	28.55%	32.20%

488 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in SMLF	Overlap
AA	B	0.19%	0.13%	0.13%
ABG	D	0.12%	0.15%	0.12%
ACA	C	0.13%	0.09%	0.09%
ACHC	F	0.19%	0.07%	0.07%
ACLX	C	0.07%	0.15%	0.07%
ADMA	C	0.06%	0.06%	0.06%
ADT	D	0.13%	0.03%	0.03%
AEIS	F	0.16%	0.01%	0.01%
AEO	B	0.1%	0.06%	0.06%
AFRM	C	0.19%	0.05%	0.05%
AGCO	D	0.15%	0.22%	0.15%
AGNC	C	0.13%	0.19%	0.13%
AGO	B	0.05%	0.24%	0.05%
AGYS	D	0.05%	0.04%	0.04%
AIT	B	0.11%	0.11%	0.11%
ALHC	B	0.06%	0.02%	0.02%
ALKS	B	0.1%	0.3%	0.1%
ALRM	F	0.04%	0.03%	0.03%
ALSN	A	0.22%	0.48%	0.22%
AM	A	0.16%	0.39%	0.16%
AMBC	F	0.05%	0.05%	0.05%
AMG	B	0.18%	0.23%	0.18%
AMN	F	0.08%	0.06%	0.06%
AN	C	0.08%	0.27%	0.08%
ANAB	D	0.04%	0.07%	0.04%
ANF	F	0.15%	0.32%	0.15%
APG	F	0.06%	0.09%	0.06%
APLS	F	0.04%	0.06%	0.04%
APPF	C	0.12%	0.07%	0.07%
AR	B	0.21%	0.21%	0.21%
ARCB	D	0.05%	0.03%	0.03%
ARCT	D	0.05%	0.02%	0.02%
AROC	B	0.09%	0.11%	0.09%
ARW	C	0.11%	0.22%	0.11%
ARWR	F	0.05%	0.03%	0.03%
ASAN	F	0.04%	0.05%	0.04%
ASB	F	0.15%	0.08%	0.08%
ASGN	D	0.15%	0.01%	0.01%
ASH	F	0.05%	0.08%	0.05%
ATEN	B	0.05%	0.08%	0.05%
ATI	B	0.18%	0.17%	0.17%
ATKR	F	0.09%	0.2%	0.09%
ATRC	C	0.06%	0.03%	0.03%
AVAV	B	0.13%	0.05%	0.05%
AVDX	F	0.05%	0.05%	0.05%
AVNT	C	0.07%	0.19%	0.07%
AWR	A	0.05%	0.12%	0.05%
AXS	A	0.18%	0.01%	0.01%
AXSM	B	0.05%	0.22%	0.05%
AXTA	C	0.26%	0.02%	0.02%
AYI	A	0.29%	0.31%	0.29%
AZEK	C	0.14%	0.07%	0.07%
BASE	F	0.04%	0.1%	0.04%
BBIO	F	0.05%	0.03%	0.03%
BC	D	0.08%	0.1%	0.08%
BCC	C	0.17%	0.23%	0.17%
BCPC	C	0.14%	0.05%	0.05%
BDC	B	0.2%	0.09%	0.09%
BDN	A	0.06%	0.0%	0.0%
BEAM	F	0.05%	0.05%	0.05%
BECN	F	0.12%	0.09%	0.09%
BERY	C	0.18%	0.11%	0.11%
BILL	D	0.09%	0.03%	0.03%
BJ	D	0.25%	0.16%	0.16%
BKD	D	0.05%	0.05%	0.05%
BKU	D	0.06%	0.0%	0.0%
BL	D	0.07%	0.14%	0.07%
BLD	C	0.3%	0.25%	0.25%
BLKB	C	0.13%	0.13%	0.13%
BMI	A	0.31%	0.16%	0.16%
BOH	D	0.07%	0.0%	0.0%
BOX	C	0.13%	0.08%	0.08%
BPMC	F	0.08%	0.13%	0.08%
BPOP	D	0.08%	0.57%	0.08%
BRBR	C	0.09%	0.05%	0.05%
BRC	C	0.1%	0.18%	0.1%
BRKR	D	0.17%	0.19%	0.17%
BRX	C	0.16%	0.37%	0.16%
BRY	F	0.04%	0.02%	0.02%
BRZE	F	0.04%	0.13%	0.04%
BWXT	A	0.26%	0.12%	0.12%
BYD	C	0.06%	0.01%	0.01%
CACI	A	0.22%	0.02%	0.02%
CAKE	A	0.05%	0.01%	0.01%
CAL	F	0.04%	0.09%	0.04%
CALX	C	0.07%	0.03%	0.03%
CAR	D	0.05%	0.08%	0.05%
CASY	D	0.5%	0.06%	0.06%
CAVA	C	0.12%	0.32%	0.12%
CBSH	D	0.2%	0.21%	0.2%
CBT	B	0.14%	0.13%	0.13%
CC	D	0.06%	0.06%	0.06%
CDP	A	0.22%	0.03%	0.03%
CFR	D	0.08%	0.21%	0.08%
CGEM	F	0.05%	0.04%	0.04%
CHDN	D	0.13%	0.09%	0.09%
CHE	C	0.15%	0.34%	0.15%
CHWY	C	0.08%	0.03%	0.03%
CHX	D	0.17%	0.12%	0.12%
CIEN	A	0.18%	0.03%	0.03%
CLH	C	0.06%	0.07%	0.06%
CLVT	D	0.08%	0.04%	0.04%
CMA	C	0.19%	0.0%	0.0%
CMC	D	0.21%	0.14%	0.14%
CNM	F	0.25%	0.41%	0.25%
CNMD	D	0.05%	0.07%	0.05%
CNO	C	0.18%	0.15%	0.15%
CNX	A	0.23%	0.05%	0.05%
COKE	B	0.06%	0.25%	0.06%
COOP	B	0.05%	0.4%	0.05%
COUR	F	0.05%	0.11%	0.05%
CPRX	C	0.05%	0.22%	0.05%
CR	B	0.19%	0.34%	0.19%
CRAI	C	0.05%	0.01%	0.01%
CRC	B	0.09%	0.09%	0.09%
CRDO	B	0.1%	0.08%	0.08%
CROX	C	0.23%	0.29%	0.23%
CRS	C	0.14%	0.09%	0.09%
CRSP	F	0.08%	0.02%	0.02%
CRUS	D	0.18%	0.14%	0.14%
CUBE	C	0.23%	0.13%	0.13%
CUBI	F	0.05%	0.08%	0.05%
CUZ	C	0.22%	0.08%	0.08%
CVBF	B	0.09%	0.0%	0.0%
CVLT	C	0.21%	0.07%	0.07%
CVNA	A	0.36%	0.34%	0.34%
CW	A	0.22%	0.21%	0.21%
CWEN	C	0.06%	0.18%	0.06%
CWEN	C	0.08%	0.18%	0.08%
CWK	C	0.07%	0.01%	0.01%
CYTK	F	0.13%	0.11%	0.11%
DCI	B	0.25%	0.18%	0.18%
DEI	A	0.02%	0.0%	0.0%
DFIN	C	0.13%	0.12%	0.12%
DLX	F	0.05%	0.07%	0.05%
DNLI	C	0.11%	0.22%	0.11%
DNOW	F	0.05%	0.09%	0.05%
DOCN	C	0.05%	0.02%	0.02%
DOCS	A	0.07%	0.13%	0.07%
DTM	A	0.23%	0.16%	0.16%
DUOL	B	0.16%	0.4%	0.16%
DY	C	0.11%	0.02%	0.02%
DYN	D	0.05%	0.02%	0.02%
EDR	A	0.05%	0.02%	0.02%
EGP	D	0.23%	0.1%	0.1%
EHC	B	0.29%	0.05%	0.05%
ELAN	D	0.17%	0.08%	0.08%
ELF	F	0.13%	0.19%	0.13%
EMBC	F	0.05%	0.03%	0.03%
ENR	B	0.07%	0.01%	0.01%
ENSG	D	0.21%	0.14%	0.14%
EPAC	C	0.12%	0.06%	0.06%
EPC	F	0.05%	0.01%	0.01%
EPR	C	0.06%	0.02%	0.02%
ESI	B	0.14%	0.15%	0.14%
ESTC	F	0.16%	0.23%	0.16%
ETSY	F	0.11%	0.23%	0.11%
EVR	C	0.1%	0.72%	0.1%
EVRI	A	0.08%	0.02%	0.02%
EWBC	D	0.33%	0.32%	0.32%
EXLS	A	0.2%	0.2%	0.2%
EXPO	A	0.07%	0.11%	0.07%
FAF	B	0.17%	0.17%	0.17%
FBP	D	0.2%	0.21%	0.2%
FCN	C	0.23%	0.04%	0.04%
FFIN	D	0.06%	0.04%	0.04%
FHN	D	0.19%	0.04%	0.04%
FIVN	F	0.05%	0.06%	0.05%
FIX	A	0.36%	0.41%	0.36%
FL	F	0.07%	0.03%	0.03%
FLEX	C	0.31%	0.29%	0.29%
FLO	D	0.05%	0.07%	0.05%
FLR	D	0.1%	0.08%	0.08%
FLYW	F	0.05%	0.03%	0.03%
FN	B	0.17%	0.06%	0.06%
FR	C	0.1%	0.35%	0.1%
FROG	F	0.06%	0.18%	0.06%
FSS	B	0.16%	0.02%	0.02%
FTAI	A	0.2%	0.13%	0.13%
FULT	D	0.11%	0.0%	0.0%
FUN	F	0.06%	0.05%	0.05%
FYBR	C	0.14%	0.14%	0.14%
GAP	F	0.12%	0.23%	0.12%
GATX	F	0.16%	0.13%	0.13%
GDOT	C	0.01%	0.0%	0.0%
GEF	D	0.05%	0.01%	0.01%
GEF	D	0.05%	0.01%	0.01%
GH	F	0.06%	0.15%	0.06%
GKOS	B	0.17%	0.07%	0.07%
GME	F	0.18%	0.14%	0.14%
GMED	D	0.1%	0.02%	0.02%
GNRC	B	0.19%	0.13%	0.13%
GO	F	0.05%	0.01%	0.01%
GPI	C	0.19%	0.21%	0.19%
GPK	C	0.29%	0.28%	0.28%
GTLB	D	0.14%	0.34%	0.14%
GWRE	A	0.41%	0.01%	0.01%
HAE	D	0.11%	0.19%	0.11%
HAIN	B	0.06%	0.02%	0.02%
HALO	D	0.12%	0.27%	0.12%
HAS	A	0.22%	0.23%	0.22%
HASI	C	0.12%	0.09%	0.09%
HCC	B	0.05%	0.06%	0.05%
HELE	D	0.06%	0.04%	0.04%
HI	F	0.06%	0.08%	0.06%
HIMS	B	0.06%	0.09%	0.06%
HIW	C	0.15%	0.2%	0.15%
HNI	B	0.15%	0.03%	0.03%
HOG	D	0.24%	0.19%	0.19%
HOUS	D	0.05%	0.07%	0.05%
HPP	F	0.05%	0.0%	0.0%
HQY	C	0.14%	0.01%	0.01%
HRB	C	0.21%	0.45%	0.21%
HURN	D	0.06%	0.24%	0.06%
HWC	D	0.08%	0.07%	0.07%
HWKN	A	0.07%	0.06%	0.06%
HXL	F	0.15%	0.01%	0.01%
IBKR	A	0.26%	0.37%	0.26%
IBOC	D	0.06%	0.09%	0.06%
IBP	B	0.12%	0.05%	0.05%
ICFI	C	0.09%	0.11%	0.09%
IDCC	A	0.11%	0.07%	0.07%
IESC	B	0.06%	0.02%	0.02%
INSM	D	0.23%	0.11%	0.11%
INSP	B	0.1%	0.14%	0.1%
INTA	C	0.07%	0.23%	0.07%
IONS	F	0.05%	0.16%	0.05%
IOSP	F	0.08%	0.04%	0.04%
ITCI	D	0.14%	0.05%	0.05%
ITGR	C	0.13%	0.05%	0.05%
ITRI	C	0.18%	0.05%	0.05%
ITT	B	0.3%	0.32%	0.3%
IVR	C	0.05%	0.04%	0.04%
IVZ	A	0.25%	0.1%	0.1%
JAMF	F	0.05%	0.01%	0.01%
JANX	D	0.05%	0.02%	0.02%
JEF	A	0.09%	0.34%	0.09%
JELD	D	0.05%	0.03%	0.03%
JHG	C	0.45%	0.27%	0.27%
JXN	A	0.14%	0.0%	0.0%
KBR	C	0.4%	0.13%	0.13%
KD	F	0.09%	0.05%	0.05%
KFY	C	0.09%	0.02%	0.02%
KLG	D	0.05%	0.04%	0.04%
KLIC	D	0.13%	0.11%	0.11%
KNF	C	0.13%	0.07%	0.07%
KNSL	D	0.2%	0.18%	0.18%
KOS	F	0.11%	0.05%	0.05%
KRC	C	0.11%	0.13%	0.11%
KREF	C	0.07%	0.04%	0.04%
KSS	D	0.06%	0.1%	0.06%
KVYO	B	0.05%	0.02%	0.02%
LAZ	C	0.16%	0.1%	0.1%
LBRDA	B	0.1%	0.37%	0.1%
LECO	D	0.19%	0.05%	0.05%
LFUS	C	0.15%	0.06%	0.06%
LIVN	B	0.05%	0.21%	0.05%
LNTH	C	0.14%	0.24%	0.14%
LNW	F	0.2%	0.18%	0.18%
LPX	A	0.17%	0.41%	0.17%
LRN	C	0.11%	0.14%	0.11%
LSCC	D	0.17%	0.25%	0.17%
LSTR	D	0.22%	0.1%	0.1%
LUMN	C	0.16%	0.18%	0.16%
LXP	D	0.07%	0.08%	0.07%
LYFT	D	0.09%	0.08%	0.08%
M	F	0.13%	0.19%	0.13%
MAC	C	0.08%	0.31%	0.08%
MAN	D	0.08%	0.05%	0.05%
MASI	B	0.05%	0.07%	0.05%
MAT	D	0.13%	0.12%	0.12%
MC	C	0.02%	0.0%	0.0%
MDGL	F	0.04%	0.08%	0.04%
MDU	C	0.3%	0.06%	0.06%
MEDP	F	0.15%	0.4%	0.15%
MGNI	D	0.05%	0.03%	0.03%
MKSI	F	0.15%	0.08%	0.08%
MMS	B	0.05%	0.05%	0.05%
MMSI	C	0.15%	0.14%	0.14%
MOD	B	0.18%	0.29%	0.18%
MOG.A	A	0.23%	0.03%	0.03%
MPW	C	0.07%	0.09%	0.07%
MRC	D	0.05%	0.08%	0.05%
MSA	F	0.19%	0.02%	0.02%
MTG	B	0.25%	0.1%	0.1%
MTN	D	0.22%	0.09%	0.09%
MTRN	F	0.06%	0.1%	0.06%
MTSI	B	0.08%	0.08%	0.08%
MUR	F	0.14%	0.2%	0.14%
NARI	F	0.06%	0.06%	0.06%
NBTB	D	0.05%	0.0%	0.0%
NFG	A	0.21%	0.13%	0.13%
NJR	C	0.22%	0.15%	0.15%
NOV	F	0.16%	0.13%	0.13%
NOVT	C	0.21%	0.15%	0.15%
NSIT	B	0.18%	0.09%	0.09%
NTLA	F	0.05%	0.02%	0.02%
NTNX	C	0.33%	0.5%	0.33%
NTRA	A	0.26%	0.35%	0.26%
NUVL	B	0.06%	0.15%	0.06%
NVST	D	0.06%	0.06%	0.06%
NVT	D	0.2%	0.5%	0.2%
NWL	D	0.08%	0.02%	0.02%
NWN	C	0.08%	0.01%	0.01%
NXST	D	0.09%	0.08%	0.08%
NXT	F	0.1%	0.06%	0.06%
NYCB	D	0.05%	0.1%	0.05%
NYT	A	0.19%	0.13%	0.13%
OGS	C	0.33%	0.14%	0.14%
OHI	C	0.2%	0.1%	0.1%
OII	D	0.06%	0.1%	0.06%
OLED	C	0.1%	0.05%	0.05%
OMF	F	0.18%	0.15%	0.15%
OMI	F	0.05%	0.06%	0.05%
ONTO	B	0.3%	0.21%	0.21%
OPCH	F	0.13%	0.11%	0.11%
ORI	B	0.13%	0.41%	0.13%
OSCR	C	0.06%	0.11%	0.06%
OUT	C	0.08%	0.04%	0.04%
OZK	F	0.12%	0.07%	0.07%
PATH	D	0.11%	0.05%	0.05%
PBF	F	0.06%	0.02%	0.02%
PCH	C	0.19%	0.01%	0.01%
PCOR	D	0.15%	0.38%	0.15%
PCTY	B	0.17%	0.12%	0.12%
PCVX	B	0.27%	0.11%	0.11%
PD	F	0.05%	0.08%	0.05%
PDCO	F	0.15%	0.03%	0.03%
PDM	C	0.07%	0.18%	0.07%
PEB	D	0.07%	0.01%	0.01%
PEGA	B	0.09%	0.07%	0.07%
PEN	D	0.15%	0.06%	0.06%
PFSI	C	0.12%	0.05%	0.05%
PGRE	D	0.05%	0.17%	0.05%
PI	B	0.09%	0.17%	0.09%
PIPR	B	0.07%	0.3%	0.07%
PK	D	0.06%	0.06%	0.06%
PLNT	B	0.18%	0.08%	0.08%
PLUS	C	0.08%	0.09%	0.08%
PNFP	D	0.25%	0.08%	0.08%
POWI	F	0.06%	0.01%	0.01%
POWL	A	0.07%	0.29%	0.07%
PR	F	0.17%	0.02%	0.02%
PRG	C	0.06%	0.18%	0.06%
PRGO	F	0.07%	0.04%	0.04%
PRGS	B	0.24%	0.18%	0.18%
PRI	A	0.22%	0.26%	0.22%
PRKS	D	0.07%	0.16%	0.07%
PRO	F	0.05%	0.02%	0.02%
PTCT	C	0.05%	0.02%	0.02%
PTEN	F	0.04%	0.11%	0.04%
PVH	F	0.16%	0.17%	0.16%
PYCR	D	0.05%	0.01%	0.01%
QDEL	D	0.05%	0.04%	0.04%
R	C	0.27%	0.26%	0.26%
RAMP	F	0.05%	0.02%	0.02%
RCUS	F	0.04%	0.05%	0.04%
RDN	D	0.09%	0.0%	0.0%
REVG	D	0.05%	0.03%	0.03%
RGEN	F	0.17%	0.08%	0.08%
RGLD	C	0.32%	0.14%	0.14%
RHI	D	0.2%	0.16%	0.16%
RHP	C	0.2%	0.01%	0.01%
RKT	C	0.06%	0.05%	0.05%
RL	B	0.09%	0.15%	0.09%
RLI	A	0.19%	0.03%	0.03%
RMBS	F	0.12%	0.2%	0.12%
RNG	F	0.05%	0.17%	0.05%
RNR	A	0.26%	0.23%	0.23%
ROIV	D	0.06%	0.01%	0.01%
RRC	D	0.24%	0.19%	0.19%
RRX	C	0.16%	0.2%	0.16%
RUSHA	D	0.05%	0.05%	0.05%
RVMD	B	0.08%	0.03%	0.03%
RYAN	A	0.13%	0.13%	0.13%
RYN	C	0.05%	0.07%	0.05%
S	C	0.11%	0.05%	0.05%
SAIA	D	0.24%	0.1%	0.1%
SATS	C	0.07%	0.16%	0.07%
SCI	C	0.26%	0.14%	0.14%
SEE	C	0.07%	0.0%	0.0%
SF	A	0.15%	0.15%	0.15%
SFBS	D	0.05%	0.12%	0.05%
SFM	A	0.35%	0.48%	0.35%
SGH	D	0.05%	0.03%	0.03%
SIG	C	0.11%	0.28%	0.11%
SITC	F	0.12%	0.09%	0.09%
SITE	D	0.18%	0.05%	0.05%
SKT	A	0.06%	0.23%	0.06%
SKY	B	0.05%	0.16%	0.05%
SLAB	D	0.1%	0.04%	0.04%
SLG	C	0.1%	0.46%	0.1%
SLM	C	0.16%	0.16%	0.16%
SLVM	C	0.05%	0.02%	0.02%
SM	F	0.05%	0.07%	0.05%
SMAR	A	0.14%	0.27%	0.14%
SMTC	C	0.06%	0.05%	0.05%
SNDX	F	0.05%	0.03%	0.03%
SNV	D	0.25%	0.04%	0.04%
SOFI	C	0.13%	0.04%	0.04%
SON	D	0.13%	0.11%	0.11%
SONO	D	0.06%	0.04%	0.04%
SPB	C	0.08%	0.16%	0.08%
SPSC	D	0.18%	0.13%	0.13%
SPT	F	0.04%	0.15%	0.04%
SPXC	C	0.18%	0.3%	0.18%
SQSP	A	0.06%	0.16%	0.06%
SR	C	0.15%	0.12%	0.12%
SRPT	F	0.21%	0.23%	0.21%
SSB	C	0.25%	0.01%	0.01%
SSD	B	0.11%	0.16%	0.11%
STRL	B	0.11%	0.24%	0.11%
STWD	C	0.11%	0.06%	0.06%
SWN	D	0.24%	0.1%	0.1%
SWTX	F	0.04%	0.01%	0.01%
SWX	C	0.13%	0.01%	0.01%
TARS	C	0.06%	0.04%	0.04%
TBBK	C	0.08%	0.0%	0.0%
TDC	D	0.1%	0.01%	0.01%
TDOC	D	0.06%	0.18%	0.06%
TDS	B	0.07%	0.04%	0.04%
TENB	F	0.1%	0.08%	0.08%
TEX	F	0.08%	0.19%	0.08%
TGNA	B	0.18%	0.08%	0.08%
TGTX	C	0.05%	0.02%	0.02%
THC	C	0.25%	0.33%	0.25%
THO	B	0.13%	0.13%	0.13%
TILE	C	0.06%	0.04%	0.04%
TMHC	C	0.17%	0.1%	0.1%
TNC	F	0.06%	0.07%	0.06%
TNET	F	0.08%	0.14%	0.08%
TNL	B	0.14%	0.15%	0.14%
TOL	A	0.27%	0.17%	0.17%
TPH	C	0.15%	0.16%	0.15%
TPR	B	0.25%	0.26%	0.25%
TPX	C	0.15%	0.25%	0.15%
TREX	D	0.07%	0.24%	0.07%
TRN	C	0.09%	0.06%	0.06%
TTEK	B	0.19%	0.34%	0.19%
TXRH	A	0.1%	0.07%	0.07%
UGI	C	0.27%	0.11%	0.11%
UMBF	C	0.24%	0.12%	0.12%
UNFI	B	0.06%	0.01%	0.01%
UNIT	B	0.09%	0.07%	0.07%
UNM	A	0.21%	0.0%	0.0%
UPBD	F	0.07%	0.1%	0.07%
USFD	C	0.49%	0.17%	0.17%
VAC	D	0.07%	0.06%	0.06%
VC	F	0.1%	0.08%	0.08%
VECO	F	0.13%	0.13%	0.13%
VERA	C	0.05%	0.08%	0.05%
VFC	B	0.18%	0.08%	0.08%
VITL	B	0.07%	0.04%	0.04%
VKTX	C	0.13%	0.07%	0.07%
VMI	B	0.12%	0.13%	0.12%
VNO	A	0.08%	0.4%	0.08%
VNT	F	0.14%	0.05%	0.05%
VOYA	A	0.17%	0.17%	0.17%
VRNS	C	0.07%	0.12%	0.07%
VSTS	D	0.05%	0.02%	0.02%
W	D	0.08%	0.23%	0.08%
WAL	C	0.21%	0.1%	0.1%
WBS	D	0.22%	0.04%	0.04%
WCC	C	0.21%	0.17%	0.17%
WD	C	0.07%	0.03%	0.03%
WEN	D	0.09%	0.12%	0.09%
WEX	C	0.3%	0.11%	0.11%
WFRD	F	0.16%	0.37%	0.16%
WGO	D	0.12%	0.05%	0.05%
WH	C	0.13%	0.11%	0.11%
WING	B	0.25%	0.47%	0.25%
WK	D	0.18%	0.31%	0.18%
WMS	D	0.27%	0.13%	0.13%
WNC	F	0.05%	0.08%	0.05%
WSC	D	0.2%	0.1%	0.1%
WTFC	D	0.06%	0.02%	0.02%
WTM	D	0.12%	0.15%	0.12%
WTS	C	0.21%	0.13%	0.13%
X	F	0.14%	0.1%	0.1%
XHR	B	0.08%	0.03%	0.03%
XPO	F	0.26%	0.13%	0.13%
XPRO	F	0.07%	0.01%	0.01%
XRAY	D	0.07%	0.31%	0.07%
XRX	D	0.05%	0.23%	0.05%
YELP	D	0.05%	0.06%	0.05%
YETI	B	0.13%	0.09%	0.09%
ZION	D	0.17%	0.2%	0.17%
ZUO	F	0.05%	0.01%	0.01%

ESML Overweight 416 Positions Relative to SMLF

Symbol	Grade	Weight
INGR	A	0.41%
REXR	D	0.39%
JLL	B	0.38%
MUSA	D	0.34%
FTI	B	0.33%
FRT	D	0.32%
RGA	C	0.3%
AVT	C	0.29%
OSK	F	0.28%
SIGI	D	0.28%
BFAM	C	0.28%
COHR	B	0.27%
GBCI	C	0.25%
ARMK	A	0.24%
FND	C	0.24%
FELE	C	0.23%
MWA	A	0.23%
KBH	C	0.23%
ATR	A	0.23%
SUM	D	0.23%
ALK	B	0.21%
AWI	A	0.21%
AAON	A	0.21%
WHR	B	0.2%
FTDR	C	0.2%
EPRT	C	0.2%
WWD	B	0.2%
AVA	D	0.2%
NCLH	C	0.2%
HHH	C	0.2%
MTH	C	0.19%
BWA	B	0.19%
LAD	C	0.19%
ZWS	A	0.19%
MORN	C	0.18%
TKO	A	0.18%
DAR	F	0.18%
VVV	D	0.18%
BHLB	D	0.18%
FMC	B	0.18%
FRPT	C	0.18%
ENLC	A	0.18%
SNDR	C	0.18%
REZI	D	0.18%
HRI	C	0.18%
ONB	D	0.17%
DLB	D	0.17%
THG	C	0.17%
UBSI	D	0.16%
CZR	B	0.16%
PLXS	B	0.16%
BHE	C	0.16%
MTZ	B	0.16%
BANR	C	0.15%
KTB	B	0.15%
GXO	D	0.15%
JAZZ	F	0.15%
KNTK	B	0.15%
DBX	B	0.15%
ACIW	B	0.15%
FLS	A	0.15%
ALTR	B	0.14%
NPO	C	0.14%
FIBK	D	0.14%
IRDM	B	0.13%
LEA	F	0.13%
IBCP	D	0.13%
CADE	D	0.13%
SHOO	A	0.13%
GL	C	0.13%
OLLI	C	0.13%
HESM	D	0.13%
CPF	C	0.13%
CPK	C	0.13%
VLY	C	0.13%
FA	A	0.12%
ECPG	F	0.12%
ADC	B	0.12%
COLB	C	0.12%
FIVE	D	0.12%
CABO	F	0.12%
TRNO	D	0.12%
WERN	D	0.12%
MTX	B	0.12%
RDUS	D	0.12%
PINC	F	0.12%
WDFC	B	0.11%
GTLS	F	0.11%
XENE	D	0.11%
SCL	D	0.11%
CFLT	F	0.11%
ORA	C	0.11%
PRIM	C	0.11%
U	D	0.11%
MRCY	B	0.11%
CGNX	F	0.11%
WHD	B	0.11%
EAT	A	0.11%
FUL	F	0.11%
MYRG	F	0.11%
BHVN	B	0.11%
OGN	F	0.11%
PSN	A	0.11%
LCII	B	0.11%
AMED	D	0.1%
POST	C	0.1%
BWIN	B	0.1%
CSGS	C	0.1%
QTWO	C	0.1%
NMIH	C	0.1%
RXO	D	0.1%
CRNX	C	0.1%
AUB	D	0.1%
AL	D	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%
MGRC	D	0.09%
PJT	C	0.09%
ESE	B	0.09%
LNN	C	0.09%
BXMT	C	0.09%
AUR	C	0.09%
STC	C	0.09%
CRVL	C	0.09%
CAC	C	0.09%
RUN	D	0.09%
LNC	D	0.09%
HR	D	0.09%
APAM	C	0.09%
DV	F	0.09%
TMDX	D	0.09%
LCID	D	0.09%
ZI	F	0.09%
ERII	B	0.09%
ST	F	0.09%
RDNT	C	0.09%
AMAL	D	0.09%
ROG	D	0.08%
RNA	B	0.08%
AZZ	C	0.08%
ALG	D	0.08%
RNST	D	0.08%
CNK	C	0.08%
SHAK	C	0.08%
SXT	C	0.08%
KOP	F	0.08%
BOOT	A	0.08%
RARE	C	0.08%
SBRA	C	0.08%
ENOV	F	0.08%
IMAX	D	0.08%
PRCT	C	0.08%
ICUI	B	0.08%
PLMR	C	0.08%
MARA	F	0.08%
WU	D	0.08%
ESNT	C	0.08%
LITE	A	0.08%
MHK	B	0.08%
SNX	C	0.08%
ABM	D	0.08%
AZTA	F	0.08%
ENV	C	0.07%
ACVA	C	0.07%
ANDE	D	0.07%
PNTG	C	0.07%
LEG	D	0.07%
JBGS	C	0.07%
CPRI	B	0.07%
VCTR	B	0.07%
HLIT	C	0.07%
COLM	B	0.07%
VVX	A	0.07%
SEM	D	0.07%
AAT	C	0.07%
PHAT	C	0.07%
PECO	C	0.07%
CTS	B	0.07%
SASR	C	0.07%
VRRM	D	0.07%
HBI	B	0.07%
PLYA	D	0.07%
PRVA	F	0.07%
RH	C	0.07%
INDB	D	0.07%
VRDN	A	0.07%
NTGR	C	0.07%
JBT	B	0.07%
DRS	A	0.07%
CCCS	D	0.07%
CLF	D	0.07%
GVA	A	0.07%
KTOS	A	0.07%
AMWD	B	0.07%
DEA	D	0.07%
ESRT	C	0.07%
CCS	C	0.07%
ZD	D	0.07%
COLD	D	0.07%
HZO	D	0.06%
TALO	F	0.06%
CIVI	F	0.06%
EXP	C	0.06%
DCO	A	0.06%
LBRDK	B	0.06%
PPBI	F	0.06%
CMCO	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%
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%
KROS	B	0.06%
ROCK	D	0.06%
PAR	D	0.06%
KYMR	D	0.06%
JWN	D	0.06%
MYGN	D	0.06%
SPR	D	0.06%
WKC	A	0.06%
MHO	C	0.06%
UFPT	D	0.06%
MXL	F	0.06%
AVPT	C	0.06%
ADUS	D	0.06%
KE	F	0.06%
ALTM	D	0.06%
GERN	D	0.06%
PAHC	C	0.06%
SG	C	0.06%
UEC	B	0.06%
CDE	C	0.06%
VRNT	F	0.06%
HGV	F	0.06%
BANC	D	0.06%
RCM	B	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%
EYE	F	0.06%
GT	F	0.06%
EWTX	B	0.06%
NEP	D	0.06%
MIR	B	0.06%
LEVI	B	0.06%
TNDM	D	0.06%
MODG	F	0.06%
IDYA	F	0.06%
FLGT	F	0.05%
MQ	F	0.05%
SVRA	F	0.05%
TGI	F	0.05%
FORM	F	0.05%
SLNO	B	0.05%
GPRE	F	0.05%
IRON	C	0.05%
PENN	D	0.05%
PLUG	D	0.05%
KRYS	D	0.05%
AHH	F	0.05%
KURA	F	0.05%
ARVN	F	0.05%
AXL	F	0.05%
ASTE	F	0.05%
LGF.A	F	0.05%
PBI	C	0.05%
SIBN	F	0.05%
CWT	D	0.05%
PGNY	F	0.05%
FFBC	D	0.05%
ARLO	F	0.05%
RBBN	B	0.05%
LOPE	D	0.05%
INVX	F	0.05%
QS	F	0.05%
AI	F	0.05%
NBHC	D	0.05%
ALKT	D	0.05%
TXG	F	0.05%
RXRX	F	0.05%
ZEUS	F	0.05%
HLX	D	0.05%
KMPR	D	0.05%
CCRN	F	0.05%
PAYO	B	0.05%
CBZ	F	0.05%
ACEL	C	0.05%
XPEL	D	0.05%
VYX	B	0.05%
BGC	C	0.05%
FOXF	F	0.05%
PRTA	F	0.05%
NEO	F	0.05%
FTRE	F	0.05%
ETWO	F	0.05%
OMCL	C	0.05%
VERX	A	0.05%
MLTX	C	0.05%
CRI	D	0.05%
PLAY	D	0.05%
CWAN	C	0.05%
CSTL	C	0.05%
ICHR	D	0.05%
PETQ	A	0.05%
SMPL	D	0.05%
VSCO	C	0.05%
VRTS	F	0.05%
MTTR	C	0.05%
INFA	D	0.05%
UAA	B	0.05%
ATGE	D	0.05%
PSMT	B	0.05%
HAYW	B	0.05%
BROS	F	0.05%
WT	D	0.05%
KELYA	D	0.05%
MNRO	B	0.05%
HAFC	D	0.05%
NRIX	D	0.05%
SAVA	D	0.05%
VVI	B	0.05%
AGIO	D	0.05%
MLNK	F	0.05%
NABL	F	0.05%
CLDX	F	0.05%
ELVN	B	0.05%
CHH	B	0.05%
GBX	C	0.05%
ARQT	D	0.05%
OWL	A	0.05%
NOVA	D	0.05%
SMP	D	0.05%
GRBK	C	0.05%
RXST	F	0.05%
BNL	C	0.05%
COGT	C	0.05%
THRM	F	0.05%
VREX	F	0.05%
AORT	B	0.05%
PRAA	F	0.05%
EE	A	0.05%
MMI	C	0.05%
NEOG	D	0.05%
RUSHB	D	0.05%
EWCZ	F	0.05%
SBH	C	0.05%
CALM	B	0.05%
ARKO	C	0.05%
PLOW	C	0.05%
SHC	C	0.05%
INFN	C	0.05%
MBUU	D	0.05%
CECO	D	0.05%
VNOM	B	0.05%
VBTX	C	0.05%
ZYME	C	0.05%
UPST	C	0.05%
CRMT	F	0.04%
FNA	F	0.04%
AGL	F	0.04%
PLRX	F	0.04%
SEDG	F	0.04%
MEG	F	0.04%
CNXC	F	0.04%
ETNB	F	0.04%
CXM	F	0.04%
NUVB	F	0.04%
IART	F	0.04%
CLSK	F	0.04%
EGY	D	0.04%
GOGO	F	0.04%
ASPN	D	0.04%
NVCR	F	0.04%
MTUS	F	0.04%
CLW	F	0.04%
IMVT	F	0.04%
NCNO	F	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	B	0.04%
MLKN	F	0.04%
ALEC	F	0.04%
TMCI	F	0.04%
PFS	D	0.04%
CDNA	B	0.04%
DK	F	0.04%
NVAX	C	0.04%
STAA	D	0.04%
ESTA	D	0.04%
VSAT	F	0.03%
WOLF	F	0.03%

ESML Underweight 329 Positions Relative to SMLF

Symbol	Grade	Weight
EME	C	-0.84%
APP	A	-0.7%
DECK	B	-0.68%
JBL	D	-0.55%
MANH	C	-0.53%
WSM	B	-0.52%
RS	D	-0.48%
AXON	A	-0.45%
IDA	C	-0.43%
CSL	A	-0.42%
DKS	D	-0.42%
MLI	C	-0.41%
MSTR	B	-0.41%
IOT	C	-0.4%
COCO	C	-0.39%
UTHR	C	-0.37%
LAMR	C	-0.36%
VGR	B	-0.33%
SOLV	C	-0.33%
WSO	C	-0.31%
GGG	B	-0.31%
SN	B	-0.3%
DDS	D	-0.3%
PSTG	F	-0.3%
OFG	D	-0.29%
YOU	C	-0.29%
ENTG	D	-0.27%
IMKTA	F	-0.26%
CHK	D	-0.26%
HSII	C	-0.26%
AMH	D	-0.26%
LBTYA	A	-0.26%
FCNCA	D	-0.25%
APA	F	-0.25%
CORT	B	-0.25%
UFPI	C	-0.24%
SMG	A	-0.23%
JOE	D	-0.23%
AZPN	C	-0.22%
BBWI	F	-0.22%
OVV	F	-0.22%
JBSS	F	-0.21%
RPM	A	-0.21%
GLPI	A	-0.2%
TKR	D	-0.2%
SANM	D	-0.2%
NAVI	D	-0.2%
GES	F	-0.19%
TPG	B	-0.19%
EXEL	B	-0.19%
MATX	C	-0.19%
NDSN	B	-0.19%
ACM	C	-0.19%
WS	D	-0.18%
KFRC	F	-0.18%
ALLE	A	-0.17%
AIZ	A	-0.17%
OC	C	-0.17%
VCYT	C	-0.17%
EXTR	C	-0.17%
ACLS	F	-0.17%
KRG	C	-0.17%
TTC	D	-0.16%
CVCO	B	-0.16%
TOST	C	-0.16%
IGT	F	-0.16%
ESAB	C	-0.16%
HLI	C	-0.16%
MMYT	D	-0.16%
AMR	F	-0.15%
AY	C	-0.15%
ONON	C	-0.15%
KIM	C	-0.15%
IVT	C	-0.15%
ODP	F	-0.14%
BSY	D	-0.14%
NSP	F	-0.14%
UA	B	-0.14%
SBGI	B	-0.14%
SRCE	D	-0.14%
OGE	A	-0.13%
HOV	D	-0.13%
YEXT	B	-0.13%
VSTO	D	-0.13%
GOLF	F	-0.13%
SSTK	F	-0.13%
IPAR	D	-0.13%
HUN	B	-0.13%
MFA	C	-0.13%
XNCR	D	-0.13%
GFF	C	-0.12%
OLN	D	-0.12%
BKE	D	-0.12%
ALX	C	-0.12%
KAI	C	-0.12%
NNN	A	-0.12%
QLYS	F	-0.12%
LILA	B	-0.12%
BANF	D	-0.12%
BCRX	D	-0.12%
ACCO	C	-0.12%
WAFD	D	-0.12%
NTCT	B	-0.11%
VSH	F	-0.11%
ACAD	F	-0.11%
EXPI	C	-0.11%
PNM	B	-0.11%
CMPR	F	-0.11%
BAND	D	-0.11%
SYNA	D	-0.11%
PARA	F	-0.11%
HTH	D	-0.11%
NSSC	F	-0.1%
AAN	C	-0.1%
CARG	C	-0.1%
INVA	B	-0.1%
FHI	C	-0.1%
APOG	B	-0.1%
KW	B	-0.1%
MATV	F	-0.1%
VMEO	C	-0.1%
RDDT	B	-0.1%
LOVE	C	-0.1%
CACC	F	-0.09%
LBTYK	A	-0.09%
EEFT	F	-0.09%
ALIT	D	-0.09%
JACK	F	-0.09%
HP	F	-0.09%
CXT	F	-0.09%
MIDD	D	-0.09%
MCB	B	-0.09%
AGM	F	-0.09%
ASO	D	-0.08%
AMPH	C	-0.08%
LZ	F	-0.08%
GMS	C	-0.08%
CARS	F	-0.08%
BCO	C	-0.08%
FLNC	C	-0.08%
LGND	D	-0.08%
PBH	D	-0.08%
ILPT	D	-0.08%
CSWI	B	-0.08%
DVAX	D	-0.08%
PHIN	C	-0.08%
SCS	D	-0.08%
KN	C	-0.08%
WOR	F	-0.08%
ALV	F	-0.08%
ADEA	C	-0.07%
CEIX	B	-0.07%
OXM	F	-0.07%
SNEX	C	-0.07%
BLMN	F	-0.07%
OTTR	F	-0.07%
GCO	F	-0.07%
UVV	D	-0.07%
EIG	B	-0.07%
WLY	A	-0.07%
SANA	F	-0.07%
ANGI	D	-0.07%
HE	F	-0.07%
EQC	D	-0.07%
DH	F	-0.07%
FHB	D	-0.07%
RIG	F	-0.07%
CXW	F	-0.07%
AIV	C	-0.07%
VIR	F	-0.07%
SFL	D	-0.07%
NTB	D	-0.07%
MED	F	-0.07%
WYNN	B	-0.07%
COTY	F	-0.07%
POR	C	-0.07%
HEES	D	-0.07%
GPMT	D	-0.06%
MERC	D	-0.06%
WBA	F	-0.06%
CENTA	F	-0.06%
AGX	A	-0.06%
AMLX	D	-0.06%
GEO	F	-0.06%
NBR	F	-0.06%
LADR	D	-0.06%
DOMO	F	-0.06%
AMRX	B	-0.06%
AMPL	D	-0.06%
ACI	F	-0.05%
CTBI	D	-0.05%
CERS	F	-0.05%
NHI	C	-0.05%
WTTR	C	-0.05%
FOLD	F	-0.05%
LPG	F	-0.05%
ZIP	D	-0.05%
MCY	B	-0.05%
EYPT	F	-0.05%
CELH	F	-0.05%
THR	F	-0.05%
PZZA	D	-0.05%
IRTC	F	-0.05%
MDXG	F	-0.04%
OI	D	-0.04%
SPRY	B	-0.04%
ACCD	F	-0.04%
OPI	F	-0.04%
DIN	D	-0.04%
SAH	D	-0.04%
ARRY	F	-0.04%
CFFN	D	-0.04%
DAWN	D	-0.04%
RDFN	C	-0.04%
AGS	B	-0.04%
HSTM	B	-0.04%
NATL	D	-0.04%
SNBR	C	-0.04%
EVH	D	-0.04%
SVC	F	-0.04%
AVXL	D	-0.04%
NRC	F	-0.04%
HLF	F	-0.04%
STAG	D	-0.04%
ENS	D	-0.04%
ROKU	C	-0.04%
CVI	F	-0.04%
GIII	C	-0.03%
QRTEA	F	-0.03%
RYI	F	-0.03%
TSE	B	-0.03%
DAN	D	-0.03%
VNDA	F	-0.03%
TCBI	C	-0.03%
OFIX	D	-0.03%
NX	F	-0.03%
DNB	D	-0.03%
VIRT	B	-0.03%
ARCH	D	-0.03%
OPEN	F	-0.03%
EVTC	D	-0.03%
CHRD	F	-0.03%
LTH	C	-0.03%
RGNX	F	-0.03%
TWO	D	-0.03%
SWIM	B	-0.03%
BRSP	D	-0.03%
UDMY	F	-0.03%
TLRY	F	-0.03%
TPB	A	-0.03%
DBI	F	-0.03%
IDT	C	-0.03%
QXO	F	-0.03%
CORZ	C	-0.03%
RPD	D	-0.03%
CNS	C	-0.03%
UVE	C	-0.03%
ERAS	D	-0.02%
OSUR	F	-0.02%
OSIS	B	-0.02%
SHO	D	-0.02%
MSM	D	-0.02%
KRNY	C	-0.02%
BMBL	F	-0.02%
WOOF	A	-0.02%
HMST	B	-0.02%
OLPX	C	-0.02%
PII	D	-0.02%
MTW	F	-0.02%
LMAT	B	-0.02%
GPRO	D	-0.02%
NUS	F	-0.02%
IRWD	F	-0.02%
RLJ	D	-0.02%
AKRO	C	-0.02%
CNDT	B	-0.02%
SUPN	D	-0.02%
LANC	F	-0.02%
VCEL	F	-0.02%
VIAV	B	-0.02%
SAFE	C	-0.02%
USNA	F	-0.02%
AMCX	F	-0.02%
SFIX	F	-0.01%
RBRK	F	-0.01%
JOBY	D	-0.01%
DINO	F	-0.01%
MITK	F	-0.01%
VAL	F	-0.01%
PGEN	F	-0.01%
AIN	F	-0.01%
TTGT	F	-0.01%
SWI	C	-0.01%
ARR	D	-0.01%
OMER	D	-0.01%
BIGC	F	-0.01%
FLWS	F	-0.01%
OIS	F	-0.01%
ALGM	F	-0.01%
ENVA	D	-0.01%
UTL	C	-0.01%
UPWK	D	-0.01%
WTI	D	-0.01%
BKH	C	-0.01%
MBC	C	-0.01%
VRE	C	-0.01%
TR	D	-0.01%
NGVT	D	-0.01%
HTZ	F	-0.01%
BSIG	D	-0.01%
HCAT	C	-0.01%
STGW	B	-0.01%
MLAB	B	-0.01%
ALAB	D	-0.01%
NFBK	D	-0.01%
KALU	D	-0.01%
MBLY	F	-0.01%
NEXA	B	-0.01%
RXT	C	-0.01%
HYFM	D	-0.0%
CHCO	D	-0.0%
BFH	D	-0.0%
EGBN	B	-0.0%
TRMK	D	-0.0%
GNW	C	-0.0%
PFBC	D	-0.0%
CASH	D	-0.0%
AX	D	-0.0%
PRDO	D	-0.0%