ESML vs. STXM ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to Strive Mid-Cap ETF (STXM)

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

$44.46

Average Daily Volume

88,928

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

STXM

Strive Mid-Cap ETF

STXM Description

STXM provides exposure to the US mid-cap space. Starting with a broad, total market universe of 1500 US stocks, the index selects securities ranked 501 to 900 by market capitalization. Eligible securities must be listed on a US exchange and have a free float of at least 10% of its total shares outstanding. The index includes common stock and real estate investment trusts. Selected securities are weighted by market capitalization. The fund intends to utilize a replication strategy, which means it will invest all of its assets in the securities comprising the index. However, the adviser may use a sampling strategy if it is determined to be in the best interest of shareholders. The index rebalances semi-annually in January and July.

Grade (RS Rating)

Last Trade

$27.58

Average Daily Volume

3,814

Number of Holdings ^*

377

* may have additional holdings in another (foreign) market

Performance

Period	ESML	STXM
30 Days	6.19%	5.34%
60 Days	6.82%	7.07%
90 Days	7.85%	8.44%
12 Months	32.19%

234 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in STXM	Overlap
AA	A	0.19%	0.3%	0.19%
AAON	B	0.25%	0.25%	0.25%
ADC	A	0.11%	0.2%	0.11%
AFRM	A	0.23%	0.34%	0.23%
AGCO	D	0.13%	0.15%	0.13%
AGNC	C	0.12%	0.18%	0.12%
AIT	B	0.13%	0.28%	0.13%
ALSN	B	0.26%	0.28%	0.26%
ALTR	B	0.14%	0.15%	0.14%
AM	A	0.15%	0.14%	0.14%
AN	C	0.07%	0.15%	0.07%
ANF	F	0.15%	0.19%	0.15%
APG	B	0.06%	0.24%	0.06%
APPF	B	0.11%	0.13%	0.11%
AR	B	0.22%	0.24%	0.22%
ARMK	B	0.23%	0.27%	0.23%
ARW	D	0.09%	0.17%	0.09%
ATI	C	0.14%	0.19%	0.14%
ATR	B	0.24%	0.31%	0.24%
AUR	C	0.08%	0.12%	0.08%
AXTA	B	0.27%	0.24%	0.24%
AYI	B	0.34%	0.27%	0.27%
AZEK	A	0.13%	0.18%	0.13%
BECN	B	0.14%	0.17%	0.14%
BERY	C	0.17%	0.2%	0.17%
BFAM	D	0.2%	0.16%	0.16%
BJ	A	0.25%	0.32%	0.25%
BLD	D	0.26%	0.33%	0.26%
BPMC	B	0.08%	0.16%	0.08%
BPOP	C	0.08%	0.18%	0.08%
BRBR	A	0.1%	0.25%	0.1%
BRKR	D	0.13%	0.16%	0.13%
BROS	A	0.07%	0.11%	0.07%
BRX	A	0.16%	0.23%	0.16%
BWA	D	0.18%	0.22%	0.18%
BWXT	B	0.3%	0.31%	0.3%
CACI	D	0.21%	0.29%	0.21%
CASY	A	0.52%	0.41%	0.41%
CBSH	B	0.23%	0.23%	0.23%
CFLT	B	0.15%	0.17%	0.15%
CFR	B	0.1%	0.22%	0.1%
CGNX	D	0.1%	0.19%	0.1%
CHDN	B	0.14%	0.26%	0.14%
CHE	D	0.14%	0.22%	0.14%
CHWY	B	0.08%	0.1%	0.08%
CHX	C	0.17%	0.16%	0.16%
CIEN	C	0.19%	0.27%	0.19%
CIVI	D	0.05%	0.14%	0.05%
CLF	F	0.06%	0.15%	0.06%
CLH	C	0.06%	0.34%	0.06%
CMA	B	0.21%	0.27%	0.21%
CMC	B	0.22%	0.18%	0.18%
CNM	D	0.22%	0.22%	0.22%
COHR	B	0.28%	0.42%	0.28%
COKE	C	0.06%	0.16%	0.06%
COLD	D	0.05%	0.17%	0.05%
CR	A	0.19%	0.22%	0.19%
CROX	D	0.15%	0.16%	0.15%
CRS	B	0.15%	0.23%	0.15%
CRUS	D	0.15%	0.14%	0.14%
CUBE	C	0.2%	0.3%	0.2%
CW	C	0.23%	0.36%	0.23%
CYTK	F	0.13%	0.17%	0.13%
CZR	F	0.14%	0.22%	0.14%
DBX	B	0.16%	0.19%	0.16%
DCI	B	0.25%	0.24%	0.24%
DLB	B	0.16%	0.11%	0.11%
DTM	A	0.28%	0.26%	0.26%
DUOL	A	0.18%	0.31%	0.18%
EDR	A	0.05%	0.11%	0.05%
EGP	D	0.21%	0.23%	0.21%
EHC	B	0.29%	0.27%	0.27%
ELAN	D	0.16%	0.19%	0.16%
ELF	C	0.13%	0.18%	0.13%
ENSG	C	0.2%	0.22%	0.2%
ESI	B	0.14%	0.17%	0.14%
ESNT	F	0.07%	0.15%	0.07%
ESTC	C	0.17%	0.2%	0.17%
ETSY	D	0.1%	0.16%	0.1%
EVR	B	0.12%	0.29%	0.12%
EWBC	A	0.4%	0.39%	0.39%
EXP	B	0.06%	0.3%	0.06%
FCN	F	0.19%	0.19%	0.19%
FHN	A	0.23%	0.3%	0.23%
FIX	A	0.38%	0.41%	0.38%
FLEX	B	0.33%	0.4%	0.33%
FLR	B	0.1%	0.23%	0.1%
FLS	B	0.16%	0.22%	0.16%
FMC	D	0.14%	0.2%	0.14%
FND	D	0.2%	0.28%	0.2%
FR	D	0.09%	0.18%	0.09%
FRT	B	0.31%	0.26%	0.26%
FYBR	C	0.13%	0.23%	0.13%
GAP	C	0.12%	0.15%	0.12%
GL	C	0.12%	0.27%	0.12%
GME	C	0.21%	0.29%	0.21%
GMED	A	0.11%	0.25%	0.11%
GNRC	C	0.22%	0.31%	0.22%
GPK	C	0.26%	0.24%	0.24%
GTLB	B	0.15%	0.18%	0.15%
GTLS	A	0.14%	0.2%	0.14%
GWRE	A	0.43%	0.44%	0.43%
GXO	B	0.16%	0.19%	0.16%
HALO	F	0.11%	0.19%	0.11%
HAS	D	0.19%	0.22%	0.19%
HCP	B	0.1%	0.14%	0.1%
HESM	B	0.13%	0.07%	0.07%
HQY	A	0.16%	0.22%	0.16%
HRB	D	0.19%	0.22%	0.19%
IBP	D	0.09%	0.13%	0.09%
INFA	D	0.05%	0.05%	0.05%
INGR	C	0.42%	0.26%	0.26%
INSM	C	0.21%	0.32%	0.21%
IONS	F	0.05%	0.13%	0.05%
ITCI	C	0.15%	0.23%	0.15%
ITT	A	0.28%	0.34%	0.28%
IVZ	B	0.24%	0.22%	0.22%
JAZZ	B	0.16%	0.2%	0.16%
JEF	A	0.11%	0.3%	0.11%
JLL	D	0.34%	0.34%	0.34%
JXN	C	0.14%	0.2%	0.14%
KBH	D	0.2%	0.14%	0.14%
KBR	F	0.35%	0.22%	0.22%
KNSL	B	0.2%	0.28%	0.2%
KNTK	A	0.18%	0.06%	0.06%
LAD	A	0.22%	0.28%	0.22%
LBRDA	C	0.11%	0.04%	0.04%
LBRDK	C	0.07%	0.28%	0.07%
LCID	F	0.05%	0.05%	0.05%
LEA	F	0.1%	0.15%	0.1%
LECO	C	0.2%	0.32%	0.2%
LEVI	F	0.05%	0.04%	0.04%
LFUS	D	0.14%	0.16%	0.14%
LNTH	D	0.1%	0.15%	0.1%
LNW	F	0.19%	0.23%	0.19%
LPX	B	0.17%	0.2%	0.17%
LSCC	D	0.15%	0.19%	0.15%
LSTR	D	0.21%	0.17%	0.17%
MAT	D	0.13%	0.18%	0.13%
MEDP	D	0.15%	0.23%	0.15%
MHK	D	0.07%	0.21%	0.07%
MKSI	C	0.14%	0.21%	0.14%
MORN	B	0.18%	0.25%	0.18%
MSA	F	0.17%	0.18%	0.17%
MTG	C	0.23%	0.17%	0.17%
MTH	D	0.17%	0.18%	0.17%
MTN	C	0.2%	0.2%	0.2%
MTSI	B	0.09%	0.19%	0.09%
MTZ	B	0.17%	0.24%	0.17%
MUSA	B	0.34%	0.27%	0.27%
NCLH	B	0.24%	0.31%	0.24%
NOV	C	0.15%	0.17%	0.15%
NOVT	D	0.19%	0.17%	0.17%
NSIT	F	0.13%	0.13%	0.13%
NTNX	B	0.36%	0.47%	0.36%
NTRA	A	0.31%	0.48%	0.31%
NVT	B	0.19%	0.33%	0.19%
NYT	D	0.18%	0.23%	0.18%
OHI	C	0.19%	0.26%	0.19%
OLED	F	0.08%	0.2%	0.08%
ONB	C	0.19%	0.19%	0.19%
ONTO	F	0.21%	0.21%	0.21%
ORI	A	0.13%	0.26%	0.13%
OSK	C	0.3%	0.19%	0.19%
PATH	C	0.11%	0.14%	0.11%
PCOR	B	0.17%	0.21%	0.17%
PCTY	C	0.2%	0.24%	0.2%
PCVX	D	0.21%	0.25%	0.21%
PEN	B	0.17%	0.23%	0.17%
PLNT	A	0.2%	0.22%	0.2%
PNFP	B	0.3%	0.27%	0.27%
POST	C	0.09%	0.14%	0.09%
PR	B	0.19%	0.26%	0.19%
PRI	B	0.23%	0.28%	0.23%
PSN	D	0.1%	0.15%	0.1%
REXR	F	0.31%	0.25%	0.25%
RGA	A	0.3%	0.41%	0.3%
RGEN	D	0.16%	0.21%	0.16%
RGLD	C	0.29%	0.26%	0.26%
RHI	C	0.21%	0.21%	0.21%
RL	C	0.09%	0.21%	0.09%
RLI	A	0.2%	0.21%	0.2%
RNR	C	0.24%	0.35%	0.24%
ROIV	C	0.06%	0.14%	0.06%
RRC	B	0.25%	0.21%	0.21%
RRX	B	0.15%	0.32%	0.15%
RVMD	C	0.1%	0.24%	0.1%
RYAN	A	0.14%	0.19%	0.14%
S	B	0.12%	0.22%	0.12%
SAIA	B	0.28%	0.41%	0.28%
SCI	B	0.27%	0.32%	0.27%
SF	B	0.18%	0.3%	0.18%
SFM	A	0.43%	0.38%	0.38%
SITE	F	0.16%	0.17%	0.16%
SMAR	B	0.14%	0.21%	0.14%
SNV	C	0.3%	0.22%	0.22%
SNX	D	0.08%	0.21%	0.08%
SOFI	B	0.22%	0.35%	0.22%
SPSC	D	0.16%	0.18%	0.16%
SRPT	F	0.18%	0.27%	0.18%
SSB	B	0.27%	0.21%	0.21%
SSD	F	0.1%	0.21%	0.1%
SUM	B	0.28%	0.16%	0.16%
THC	D	0.23%	0.43%	0.23%
TKO	A	0.16%	0.22%	0.16%
TMHC	C	0.17%	0.19%	0.17%
TOL	B	0.27%	0.42%	0.27%
TPR	B	0.29%	0.36%	0.29%
TPX	B	0.14%	0.25%	0.14%
TREX	C	0.07%	0.21%	0.07%
TRNO	F	0.1%	0.16%	0.1%
TTEK	F	0.16%	0.3%	0.16%
TXRH	B	0.11%	0.35%	0.11%
U	C	0.09%	0.14%	0.09%
UNM	A	0.25%	0.33%	0.25%
USFD	A	0.49%	0.45%	0.45%
VFC	C	0.18%	0.2%	0.18%
VKTX	F	0.11%	0.15%	0.11%
VOYA	B	0.16%	0.22%	0.16%
W	D	0.06%	0.09%	0.06%
WAL	B	0.22%	0.25%	0.22%
WBS	A	0.27%	0.27%	0.27%
WCC	B	0.24%	0.29%	0.24%
WEX	D	0.25%	0.2%	0.2%
WFRD	D	0.15%	0.16%	0.15%
WING	D	0.19%	0.26%	0.19%
WMS	F	0.21%	0.27%	0.21%
WSC	F	0.17%	0.17%	0.17%
WTFC	A	0.07%	0.23%	0.07%
WTS	B	0.21%	0.16%	0.16%
WWD	C	0.19%	0.28%	0.19%
X	B	0.14%	0.2%	0.14%
XPO	B	0.33%	0.45%	0.33%
ZION	B	0.2%	0.24%	0.2%

ESML Overweight 670 Positions Relative to STXM

Symbol	Grade	Weight
JHG	B	0.51%
CVNA	B	0.48%
FTI	A	0.35%
IBKR	A	0.32%
OGS	A	0.31%
GBCI	B	0.3%
BMI	B	0.3%
SIGI	C	0.29%
R	B	0.29%
CNX	A	0.28%
AVT	C	0.27%
UMBF	B	0.27%
MWA	B	0.25%
PRGS	A	0.24%
FTAI	A	0.24%
UGI	C	0.24%
MOG.A	B	0.24%
HRI	C	0.24%
REZI	A	0.23%
AWI	A	0.23%
EXLS	B	0.23%
ALK	B	0.23%
FTDR	B	0.22%
FELE	B	0.22%
CVLT	B	0.22%
CDP	C	0.21%
CUZ	B	0.21%
NJR	A	0.21%
ITRI	C	0.2%
CNO	B	0.2%
HOG	D	0.2%
BDC	C	0.2%
WHR	B	0.2%
FBP	C	0.2%
TGNA	B	0.2%
OMF	A	0.2%
NFG	A	0.2%
BHLB	B	0.2%
HHH	B	0.2%
WK	B	0.2%
ZWS	B	0.2%
AVA	A	0.19%
AMG	B	0.19%
LUMN	C	0.19%
AXS	A	0.19%
SNDR	B	0.19%
DAR	C	0.19%
FRPT	A	0.19%
GPI	B	0.19%
RHP	B	0.19%
BANR	B	0.18%
SPXC	A	0.18%
THG	A	0.18%
GKOS	B	0.18%
EPRT	B	0.18%
MDU	D	0.18%
ENLC	A	0.18%
AEIS	C	0.17%
LAZ	B	0.17%
FN	C	0.17%
PCH	F	0.17%
PLXS	B	0.17%
ASB	B	0.17%
VVV	D	0.17%
UBSI	B	0.17%
GATX	A	0.17%
KTB	B	0.16%
MYRG	B	0.16%
FAF	A	0.16%
EAT	A	0.16%
TNL	A	0.16%
ACIW	B	0.16%
SLM	A	0.16%
BCC	B	0.16%
BHE	C	0.16%
PVH	C	0.16%
VLY	B	0.15%
ECG	C	0.15%
CADE	B	0.15%
WH	B	0.15%
CPF	B	0.15%
MMSI	A	0.15%
FSS	B	0.15%
VNT	C	0.15%
FIBK	B	0.15%
HNI	B	0.15%
MOD	A	0.15%
PINC	B	0.14%
OZK	B	0.14%
HXL	F	0.14%
SR	A	0.14%
TPH	D	0.14%
PRIM	A	0.14%
ACA	A	0.14%
RMBS	B	0.14%
IBCP	B	0.14%
BILL	A	0.14%
IDCC	B	0.14%
ASGN	F	0.14%
AVAV	C	0.13%
M	F	0.13%
EPAC	C	0.13%
CAVA	B	0.13%
STRL	A	0.13%
CBT	D	0.13%
PDCO	F	0.13%
LRN	A	0.13%
KNF	B	0.13%
KLIC	B	0.13%
SWX	B	0.13%
ITGR	B	0.13%
CPK	A	0.13%
MUR	D	0.13%
BOX	B	0.13%
NPO	A	0.13%
WTM	A	0.13%
BCPC	B	0.13%
VMI	B	0.13%
COLB	B	0.13%
CABO	B	0.13%
HIW	C	0.13%
CVBF	A	0.12%
OLLI	D	0.12%
DFIN	D	0.12%
YETI	D	0.12%
IRDM	D	0.12%
QTWO	A	0.12%
KOS	D	0.12%
RKLB	A	0.12%
WGO	C	0.12%
WHD	B	0.12%
BLKB	B	0.12%
ABG	C	0.12%
CRDO	B	0.12%
WERN	C	0.12%
THO	B	0.12%
MTX	B	0.12%
ADT	C	0.12%
HAE	C	0.12%
FULT	A	0.12%
CSGS	B	0.11%
PEGA	B	0.11%
DXC	B	0.11%
ORA	B	0.11%
KRC	B	0.11%
ABCB	B	0.11%
AUB	B	0.11%
LYFT	C	0.11%
XENE	D	0.11%
WDFC	B	0.11%
SHOO	F	0.11%
CRNX	C	0.11%
ECPG	C	0.11%
EFSC	B	0.11%
SON	F	0.11%
MRCY	C	0.11%
KAR	B	0.11%
VC	F	0.1%
RXO	D	0.1%
NWL	C	0.1%
TDC	D	0.1%
HASI	D	0.1%
ERII	D	0.1%
PJT	A	0.1%
AROC	A	0.1%
SCL	C	0.1%
TENB	C	0.1%
ALKS	C	0.1%
TRN	B	0.1%
FA	C	0.1%
DV	C	0.1%
CAC	C	0.1%
STWD	C	0.1%
FUL	F	0.1%
VECO	F	0.1%
NXT	C	0.1%
SLG	B	0.1%
DY	D	0.1%
BHVN	D	0.1%
DNLI	D	0.1%
DRS	B	0.1%
APAM	B	0.1%
CRC	A	0.1%
LITE	B	0.1%
PFSI	C	0.1%
AL	B	0.1%
RDUS	B	0.1%
CCOI	B	0.1%
RDNT	B	0.1%
KD	B	0.1%
SIG	B	0.1%
AMAL	B	0.1%
LCII	C	0.1%
ALTM	B	0.1%
FIVE	F	0.1%
VNO	C	0.09%
OGN	F	0.09%
AMED	F	0.09%
RNA	C	0.09%
ABM	B	0.09%
NMIH	C	0.09%
UPST	B	0.09%
KFY	B	0.09%
CNK	C	0.09%
WEN	D	0.09%
SHAK	C	0.09%
RDN	D	0.09%
MGRC	B	0.09%
CURB	D	0.09%
SLAB	F	0.09%
ZI	D	0.09%
OPCH	D	0.09%
ESE	B	0.09%
NXST	C	0.09%
SJW	F	0.09%
ATKR	D	0.09%
HWC	B	0.09%
MARA	B	0.09%
CRVL	B	0.09%
BRC	D	0.09%
IMAX	B	0.09%
LNC	C	0.09%
POWL	C	0.09%
ACHC	F	0.09%
EVRI	A	0.08%
AVPT	A	0.08%
AMWD	C	0.08%
SBRA	C	0.08%
BXMT	C	0.08%
ICUI	D	0.08%
KTOS	B	0.08%
KOP	C	0.08%
ICFI	F	0.08%
EWTX	C	0.08%
IESC	C	0.08%
BL	B	0.08%
TILE	B	0.08%
TBBK	B	0.08%
SPB	C	0.08%
IOSP	C	0.08%
ACLX	C	0.08%
CRSP	D	0.08%
VSEC	C	0.08%
INTA	B	0.08%
ST	F	0.08%
ALG	B	0.08%
SASR	B	0.08%
TNET	F	0.08%
PLYA	B	0.08%
PRVA	C	0.08%
LBPH	A	0.08%
TEX	F	0.08%
INDB	B	0.08%
INSP	D	0.08%
ENOV	C	0.08%
VAC	C	0.08%
TDS	B	0.08%
PIPR	A	0.08%
TARS	C	0.08%
PRKS	B	0.08%
BWIN	C	0.08%
AEO	F	0.08%
HR	B	0.08%
NTGR	B	0.08%
UNIT	B	0.08%
BOH	B	0.08%
LNN	B	0.08%
STC	B	0.08%
MAC	B	0.08%
PRCT	B	0.08%
JBT	B	0.08%
DOCS	C	0.08%
GVA	A	0.08%
ZD	B	0.08%
PLMR	A	0.08%
MIR	A	0.08%
RNST	B	0.08%
DEA	D	0.07%
AAT	B	0.07%
SKT	A	0.07%
EE	A	0.07%
HI	C	0.07%
GBX	A	0.07%
RARE	F	0.07%
UEC	B	0.07%
CWEN	C	0.07%
WU	F	0.07%
GT	C	0.07%
HGV	C	0.07%
ESRT	C	0.07%
SEE	C	0.07%
PECO	A	0.07%
HAFC	B	0.07%
COLM	C	0.07%
VSCO	C	0.07%
CWK	C	0.07%
GTES	A	0.07%
BDN	C	0.07%
VVX	C	0.07%
ENR	B	0.07%
SONO	C	0.07%
AVNT	B	0.07%
PRGO	C	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%
HWKN	B	0.07%
GH	B	0.07%
XHR	B	0.07%
FIVN	C	0.07%
ATRC	C	0.07%
VCTR	B	0.07%
HBI	B	0.07%
BC	C	0.07%
CTS	C	0.07%
WRBY	A	0.07%
PI	D	0.07%
SXT	C	0.07%
CCCS	B	0.07%
NWN	A	0.07%
AZZ	A	0.07%
OUT	A	0.07%
PAR	A	0.07%
UNFI	A	0.07%
ATGE	B	0.06%
MTRN	C	0.06%
CBZ	B	0.06%
VRRM	F	0.06%
CAR	C	0.06%
FNA	B	0.06%
WT	A	0.06%
SG	B	0.06%
AAP	D	0.06%
TMCI	C	0.06%
DLX	B	0.06%
CLSK	C	0.06%
IRON	B	0.06%
PRO	C	0.06%
DCO	C	0.06%
VERA	C	0.06%
RBBN	C	0.06%
VRTS	B	0.06%
PBF	D	0.06%
SATS	D	0.06%
MBUU	B	0.06%
PTCT	B	0.06%
PLAY	D	0.06%
EXPO	D	0.06%
AXSM	B	0.06%
MOV	D	0.06%
AGIO	C	0.06%
NRIX	C	0.06%
LXP	D	0.06%
VRNT	C	0.06%
JWN	D	0.06%
POWI	F	0.06%
CMCO	C	0.06%
CHH	A	0.06%
TGTX	B	0.06%
CWAN	B	0.06%
TDOC	C	0.06%
ATEN	A	0.06%
ROCK	C	0.06%
PNTG	D	0.06%
AIR	B	0.06%
NBTB	B	0.06%
CLNE	F	0.06%
CMP	C	0.06%
MGNI	B	0.06%
AGO	B	0.06%
CAKE	C	0.06%
RUSHB	C	0.06%
KROS	D	0.06%
FL	F	0.06%
VREX	B	0.06%
ANDE	D	0.06%
FROG	C	0.06%
SFBS	C	0.06%
PYCR	B	0.06%
VBTX	B	0.06%
PEB	D	0.06%
HELE	C	0.06%
CART	C	0.06%
BOOT	C	0.06%
SMTC	B	0.06%
PLUS	F	0.06%
OWL	A	0.06%
NVST	B	0.06%
PPBI	C	0.06%
ACVA	B	0.06%
SM	B	0.06%
RCM	A	0.06%
FLYW	B	0.06%
IDYA	F	0.06%
HURN	C	0.06%
EYE	C	0.06%
PK	C	0.06%
ADMA	B	0.06%
CLB	B	0.06%
MNKD	C	0.06%
CCS	D	0.06%
TALO	C	0.06%
TGI	B	0.06%
BYD	B	0.06%
BKU	A	0.06%
AVDX	B	0.06%
VNOM	A	0.06%
FRSH	B	0.06%
KE	C	0.06%
ENV	B	0.06%
FUN	C	0.06%
KREF	C	0.06%
VRNS	D	0.06%
MRUS	F	0.06%
FOUR	A	0.06%
MAN	F	0.06%
VRDN	D	0.06%
VERX	A	0.06%
PDM	D	0.06%
PAHC	C	0.06%
MASI	B	0.06%
UPBD	B	0.06%
CALM	A	0.06%
IBOC	B	0.06%
WD	D	0.06%
RH	C	0.06%
VVI	C	0.06%
FFIN	B	0.06%
COMP	B	0.06%
OII	B	0.06%
PAYO	A	0.06%
BANC	B	0.06%
CBU	B	0.06%
NARI	C	0.06%
SWTX	C	0.05%
KLG	B	0.05%
RXST	F	0.05%
EWCZ	F	0.05%
TWST	F	0.05%
HZO	F	0.05%
BNL	D	0.05%
AXL	C	0.05%
ARVN	F	0.05%
PBI	B	0.05%
NUVB	C	0.05%
THRM	F	0.05%
ZEUS	C	0.05%
ETNB	C	0.05%
HLX	B	0.05%
RYN	D	0.05%
ALRM	C	0.05%
PLOW	D	0.05%
DOCN	C	0.05%
ARKO	C	0.05%
SHC	F	0.05%
CECO	B	0.05%
ICHR	C	0.05%
FTRE	D	0.05%
CPRX	C	0.05%
GERN	D	0.05%
APGE	F	0.05%
CNMD	C	0.05%
VSTS	C	0.05%
FLG	D	0.05%
ARCB	C	0.05%
CDE	C	0.05%
CLVT	D	0.05%
XRAY	F	0.05%
GOGO	C	0.05%
PSMT	D	0.05%
ACEL	C	0.05%
BASE	B	0.05%
WNC	C	0.05%
MLTX	B	0.05%
SLNO	C	0.05%
INVX	C	0.05%
PENN	C	0.05%
ASAN	B	0.05%
MLNK	C	0.05%
MODG	F	0.05%
MPW	F	0.05%
AI	B	0.05%
KSS	F	0.05%
AMBC	C	0.05%
PTGX	D	0.05%
BEAM	D	0.05%
AWR	B	0.05%
XPEL	B	0.05%
PFS	B	0.05%
PGRE	F	0.05%
RUN	F	0.05%
DGII	C	0.05%
REVG	C	0.05%
PRAA	D	0.05%
HAIN	D	0.05%
INFN	D	0.05%
MRC	B	0.05%
SPR	D	0.05%
MNRO	D	0.05%
WKC	C	0.05%
SMP	C	0.05%
VITL	D	0.05%
ELVN	D	0.05%
CWEN	C	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%
SLVM	B	0.05%
XPRO	D	0.05%
RAMP	B	0.05%
ZUO	B	0.05%
VYX	B	0.05%
OMCL	C	0.05%
HCC	B	0.05%
MMI	C	0.05%
BGC	C	0.05%
JANX	C	0.05%
PDFS	C	0.05%
CSTL	D	0.05%
IART	C	0.05%
CC	C	0.05%
MHO	D	0.05%
PRG	C	0.05%
FFBC	B	0.05%
GEF	A	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	A	0.05%
EPR	C	0.05%
MDGL	B	0.05%
ASTE	C	0.05%
CUBI	B	0.05%
ARWR	D	0.05%
KVYO	C	0.05%
LOPE	C	0.05%
UFPT	C	0.05%
RNG	C	0.05%
DNOW	B	0.05%
HLIT	D	0.05%
TNC	D	0.05%
ARQT	B	0.05%
GEF	A	0.05%
NUVL	C	0.05%
LEG	F	0.05%
YELP	C	0.05%
JBGS	F	0.05%
UAA	C	0.05%
RUSHA	C	0.05%
MXL	C	0.05%
NCNO	C	0.05%
COOP	B	0.05%
CALX	D	0.05%
NBHC	C	0.05%
AGYS	A	0.05%
ALKT	B	0.05%
PD	C	0.05%
CRAI	C	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	F	0.04%
CAL	F	0.04%
HOUS	F	0.04%
GPRE	F	0.04%
FLGT	F	0.04%
NEP	F	0.04%
KURA	F	0.04%
XRX	F	0.04%
CRI	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	D	0.04%
CGEM	F	0.04%
COUR	F	0.04%
SAVA	C	0.04%
LESL	D	0.04%
SIBN	F	0.04%
SNDX	F	0.04%
MLKN	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	F	0.04%
PLUG	F	0.04%
DYN	F	0.04%
PLRX	D	0.04%
HL	D	0.04%
BBIO	F	0.04%
DK	C	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	F	0.04%
IVR	F	0.04%
BRZE	C	0.04%
LGF.A	C	0.04%
CWT	C	0.04%
THS	D	0.04%
UCB	A	0.04%
KRYS	C	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%
EPC	F	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	F	0.03%
PHAT	F	0.03%
CRMT	D	0.03%
APLS	F	0.03%
CCRN	F	0.03%
CPRI	F	0.03%
MYGN	F	0.03%
ETWO	F	0.03%
BRY	F	0.03%
MQ	D	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%
DEI	B	0.02%
SEDG	F	0.02%
ASPN	F	0.02%
GDOT	D	0.01%
MAGN	D	0.01%

ESML Underweight 143 Positions Relative to STXM

Symbol	Grade	Weight
TPL	A	-0.7%
EME	A	-0.62%
HOOD	B	-0.59%
PKG	A	-0.57%
CSL	C	-0.56%
IP	A	-0.53%
SNA	A	-0.52%
AER	A	-0.51%
NRG	B	-0.51%
KEY	B	-0.49%
RPM	A	-0.49%
PNR	A	-0.48%
WSM	C	-0.48%
RS	B	-0.48%
BURL	B	-0.47%
MANH	D	-0.46%
TOST	B	-0.46%
DOCU	B	-0.45%
AVY	F	-0.45%
KIM	A	-0.45%
EG	C	-0.45%
OC	A	-0.45%
GEN	B	-0.44%
FNF	B	-0.44%
NI	A	-0.44%
TXT	D	-0.44%
DT	D	-0.43%
EQH	C	-0.42%
DOC	C	-0.41%
FFIV	B	-0.41%
VTRS	A	-0.41%
PSTG	D	-0.41%
TWLO	A	-0.41%
ACM	B	-0.4%
GGG	B	-0.4%
POOL	C	-0.38%
JBL	C	-0.38%
CHRW	B	-0.37%
PFGC	B	-0.36%
NDSN	B	-0.36%
REG	A	-0.36%
JKHY	D	-0.35%
JNPR	D	-0.35%
GLPI	C	-0.35%
DAY	B	-0.34%
CG	B	-0.34%
NBIX	C	-0.34%
ALLE	C	-0.34%
CPT	B	-0.34%
CYBR	A	-0.34%
ONON	A	-0.33%
KMX	B	-0.33%
HST	C	-0.33%
OVV	B	-0.33%
BXP	C	-0.33%
BG	D	-0.33%
AMH	C	-0.32%
ELS	C	-0.32%
ALB	B	-0.32%
TAP	C	-0.31%
UHS	D	-0.31%
LW	C	-0.31%
LAMR	C	-0.31%
Z	A	-0.31%
PAYC	B	-0.31%
EMN	C	-0.31%
AIZ	A	-0.3%
NWSA	A	-0.3%
IPG	D	-0.3%
CCK	D	-0.3%
DKS	D	-0.3%
TECH	F	-0.3%
MNDY	C	-0.29%
PNW	A	-0.28%
LKQ	F	-0.28%
CTLT	C	-0.28%
AFG	A	-0.28%
DOX	D	-0.27%
ALLY	C	-0.27%
MKTX	D	-0.27%
CRL	D	-0.27%
SEIC	B	-0.27%
MLI	B	-0.27%
HLI	A	-0.27%
EXEL	B	-0.27%
GLOB	B	-0.26%
WTRG	B	-0.26%
SOLV	D	-0.26%
ROKU	D	-0.25%
EXAS	D	-0.25%
FBIN	D	-0.25%
RBC	A	-0.24%
WYNN	C	-0.24%
AOS	F	-0.24%
TFX	F	-0.24%
APA	D	-0.23%
TTC	C	-0.23%
HSIC	C	-0.23%
SKX	D	-0.23%
CNH	C	-0.23%
MTCH	D	-0.23%
OGE	A	-0.23%
MOS	F	-0.23%
KNX	C	-0.23%
CHRD	D	-0.22%
UFPI	C	-0.22%
NNN	C	-0.21%
KEX	B	-0.21%
PB	B	-0.2%
HII	F	-0.2%
MIDD	C	-0.2%
BIO	C	-0.19%
BBWI	C	-0.19%
GNTX	C	-0.19%
DVA	C	-0.19%
DINO	D	-0.19%
ACI	C	-0.18%
STAG	D	-0.18%
MTDR	B	-0.18%
H	B	-0.18%
BEN	C	-0.18%
UHAL	D	-0.17%
SN	D	-0.17%
WBA	F	-0.17%
QRVO	F	-0.17%
PARA	C	-0.16%
HLNE	B	-0.14%
TPG	A	-0.13%
CELH	F	-0.12%
NWS	A	-0.11%
RDDT	A	-0.11%
AMKR	D	-0.09%
PAG	B	-0.08%
ZG	A	-0.08%
ADTN	A	-0.08%
COTY	F	-0.08%
PPC	C	-0.06%
CACC	D	-0.06%
AAL	B	-0.06%
BOKF	B	-0.06%
SMMT	D	-0.05%
UHAL	D	-0.01%
UWMC	D	-0.01%