NUSC vs. ESML ETF Comparison

Comparison of NuShares ESG Small-Cap ETF (NUSC) to iShares MSCI USA Small-Cap ESG Optimized ETF (ESML)

NUSC

NuShares ESG Small-Cap ETF

NUSC Description

Fund seeks to track the investments results, before fees and expenses, of the TIAA ESG Small-Cap Index.

Grade (RS Rating)

Last Trade

$43.71

Average Daily Volume

77,327

Number of Holdings ^*

480

* may have additional holdings in another (foreign) market

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

$43.58

Average Daily Volume

104,060

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

Performance

Period	NUSC	ESML
30 Days	0.92%	1.54%
60 Days	1.89%	3.53%
90 Days	6.42%	8.70%
12 Months	24.52%	29.26%

424 Overlapping Holdings

	Symbol	Grade	Weight in NUSC	Weight in ESML	Overlap
	AAON	B	0.56%	0.25%	0.25%
	AAP	C	0.15%	0.06%	0.06%
	ABG	B	0.06%	0.12%	0.06%
	ACA	A	0.03%	0.14%	0.03%
	ACHC	F	0.02%	0.09%	0.02%
	ACIW	B	0.56%	0.16%	0.16%
	ADC	A	0.09%	0.11%	0.09%
	AEO	F	0.03%	0.08%	0.03%
	AGCO	D	0.03%	0.13%	0.03%
	AGNC	C	0.54%	0.12%	0.12%
	AHH	C	0.02%	0.04%	0.02%
	AIR	B	0.1%	0.06%	0.06%
	AL	A	0.5%	0.1%	0.1%
	ALEC	F	0.02%	0.04%	0.02%
	ALKS	C	0.44%	0.1%	0.1%
	ALTR	B	0.04%	0.14%	0.04%
	AMAL	B	0.06%	0.1%	0.06%
	AMBC	C	0.05%	0.05%	0.05%
	AMG	A	0.58%	0.19%	0.19%
	AMN	F	0.09%	0.04%	0.04%
	ANDE	C	0.15%	0.06%	0.06%
	APAM	A	0.02%	0.1%	0.02%
	ARCT	F	0.04%	0.04%	0.04%
	ARKO	D	0.04%	0.05%	0.04%
	ARMK	C	0.57%	0.23%	0.23%
	AROC	A	0.34%	0.1%	0.1%
	ARQT	C	0.1%	0.05%	0.05%
	ARVN	D	0.11%	0.05%	0.05%
	ASGN	F	0.24%	0.14%	0.14%
	ATKR	C	0.32%	0.09%	0.09%
	ATR	B	0.04%	0.24%	0.04%
	AUB	A	0.01%	0.11%	0.01%
	AVNT	B	0.32%	0.07%	0.07%
	AXTA	A	0.55%	0.27%	0.27%
	AYI	B	0.16%	0.34%	0.16%
	AZEK	B	0.29%	0.13%	0.13%
	AZTA	F	0.11%	0.07%	0.07%
	BANC	B	0.02%	0.06%	0.02%
	BANR	A	0.03%	0.18%	0.03%
	BCC	A	0.54%	0.16%	0.16%
	BCPC	B	0.56%	0.13%	0.13%
	BDC	B	0.21%	0.2%	0.2%
	BECN	A	0.32%	0.14%	0.14%
	BERY	C	0.59%	0.17%	0.17%
	BFAM	F	0.47%	0.2%	0.2%
	BHE	B	0.06%	0.16%	0.06%
	BHLB	B	0.08%	0.2%	0.08%
	BKD	F	0.09%	0.04%	0.04%
	BLD	F	0.37%	0.26%	0.26%
	BLKB	C	0.26%	0.12%	0.12%
	BMI	C	0.63%	0.3%	0.3%
	BOX	B	0.04%	0.13%	0.04%
	BRC	C	0.32%	0.09%	0.09%
	BRKR	F	0.1%	0.13%	0.1%
	BXMT	D	0.25%	0.08%	0.08%
	CADE	B	0.03%	0.15%	0.03%
	CALX	F	0.17%	0.05%	0.05%
	CASY	B	0.76%	0.52%	0.52%
	CBSH	A	0.64%	0.23%	0.23%
	CCRN	F	0.03%	0.03%	0.03%
	CECO	C	0.07%	0.05%	0.05%
	CFLT	B	0.1%	0.15%	0.1%
	CGEM	F	0.06%	0.04%	0.04%
	CHX	C	0.57%	0.17%	0.17%
	CLVT	F	0.13%	0.05%	0.05%
	CMP	B	0.04%	0.06%	0.04%
	CNK	A	0.22%	0.09%	0.09%
	CNM	C	0.73%	0.22%	0.22%
	CNMD	C	0.02%	0.05%	0.02%
	COGT	D	0.06%	0.04%	0.04%
	COLM	B	0.07%	0.07%	0.07%
	COMP	B	0.24%	0.06%	0.06%
	COUR	F	0.09%	0.04%	0.04%
	CPK	A	0.27%	0.13%	0.13%
	CR	B	0.82%	0.19%	0.19%
	CRMT	F	0.02%	0.03%	0.02%
	CRNX	C	0.22%	0.11%	0.11%
	CROX	F	0.53%	0.15%	0.15%
	CRSP	D	0.08%	0.08%	0.08%
	CRUS	F	0.47%	0.15%	0.15%
	CRVL	A	0.28%	0.09%	0.09%
	CSGS	B	0.15%	0.11%	0.11%
	CSTL	C	0.08%	0.05%	0.05%
	CTS	B	0.02%	0.07%	0.02%
	CUBE	C	0.11%	0.2%	0.11%
	CVLT	B	0.73%	0.22%	0.22%
	CWEN	C	0.09%	0.07%	0.07%
	CWEN	C	0.22%	0.05%	0.05%
	CWEN	C	0.22%	0.07%	0.07%
	CWEN	C	0.09%	0.05%	0.05%
	CWK	B	0.02%	0.07%	0.02%
	CYTK	D	0.24%	0.13%	0.13%
	DAR	B	0.64%	0.19%	0.19%
	DBX	C	0.03%	0.16%	0.03%
	DEA	D	0.03%	0.07%	0.03%
	DFIN	D	0.16%	0.12%	0.12%
	DGII	B	0.11%	0.05%	0.05%
	DLB	D	0.42%	0.16%	0.16%
	DNLI	C	0.12%	0.1%	0.1%
	DNOW	B	0.15%	0.05%	0.05%
	DV	C	0.18%	0.1%	0.1%
	DXC	D	0.38%	0.11%	0.11%
	DYN	F	0.12%	0.04%	0.04%
	EAT	A	0.31%	0.16%	0.16%
	EE	A	0.05%	0.07%	0.05%
	EFSC	B	0.21%	0.11%	0.11%
	EGP	D	0.38%	0.21%	0.21%
	ELAN	D	0.23%	0.16%	0.16%
	ELVN	C	0.05%	0.05%	0.05%
	EMBC	C	0.07%	0.05%	0.05%
	ENSG	D	0.31%	0.2%	0.2%
	ENV	B	0.26%	0.06%	0.06%
	EPAC	B	0.26%	0.13%	0.13%
	EPRT	C	0.28%	0.18%	0.18%
	ERII	D	0.1%	0.1%	0.1%
	ESI	B	0.63%	0.14%	0.14%
	ESNT	D	0.06%	0.07%	0.06%
	ESRT	D	0.14%	0.07%	0.07%
	ESTA	D	0.01%	0.04%	0.01%
	ESTC	C	0.12%	0.17%	0.12%
	ETNB	D	0.06%	0.05%	0.05%
	ETSY	D	0.03%	0.1%	0.03%
	ETWO	F	0.05%	0.03%	0.03%
	EWBC	A	1.01%	0.4%	0.4%
	EWCZ	D	0.02%	0.05%	0.02%
	EWTX	C	0.12%	0.08%	0.08%
	EXLS	B	0.72%	0.23%	0.23%
	EYE	C	0.08%	0.06%	0.06%
	FA	D	0.09%	0.1%	0.09%
	FAF	C	0.65%	0.16%	0.16%
	FBP	B	0.34%	0.2%	0.2%
	FCN	F	0.54%	0.19%	0.19%
	FFBC	A	0.06%	0.05%	0.05%
	FHN	A	0.66%	0.23%	0.23%
	FIBK	A	0.02%	0.15%	0.02%
	FIVE	F	0.05%	0.1%	0.05%
	FIX	A	0.6%	0.38%	0.38%
	FL	F	0.03%	0.06%	0.03%
	FLEX	B	0.48%	0.33%	0.33%
	FLGT	F	0.02%	0.04%	0.02%
	FMC	F	0.57%	0.14%	0.14%
	FNA	B	0.04%	0.06%	0.04%
	FRPT	B	0.67%	0.19%	0.19%
	FRT	C	0.02%	0.31%	0.02%
	FTDR	B	0.42%	0.22%	0.22%
	FTI	A	0.72%	0.35%	0.35%
	FTRE	D	0.17%	0.05%	0.05%
	FUL	F	0.03%	0.1%	0.03%
	FYBR	C	0.23%	0.13%	0.13%
	GAP	C	0.16%	0.12%	0.12%
	GBCI	A	0.1%	0.3%	0.1%
	GBX	A	0.16%	0.07%	0.07%
	GERN	F	0.14%	0.05%	0.05%
	GH	B	0.14%	0.07%	0.07%
	GKOS	B	0.18%	0.18%	0.18%
	GME	C	0.36%	0.21%	0.21%
	GNRC	B	0.48%	0.22%	0.22%
	GOGO	C	0.05%	0.05%	0.05%
	GPI	B	0.43%	0.19%	0.19%
	GTLB	C	0.16%	0.15%	0.15%
	HAE	B	0.3%	0.12%	0.12%
	HAFC	A	0.04%	0.07%	0.04%
	HAIN	F	0.06%	0.05%	0.05%
	HAS	D	0.32%	0.19%	0.19%
	HASI	F	0.15%	0.1%	0.1%
	HBI	A	0.02%	0.07%	0.02%
	HCP	B	0.16%	0.1%	0.1%
	HELE	C	0.14%	0.06%	0.06%
	HGV	C	0.02%	0.07%	0.02%
	HIMS	C	0.29%	0.07%	0.07%
	HLIT	F	0.13%	0.05%	0.05%
	HNI	B	0.25%	0.15%	0.15%
	HOG	D	0.33%	0.2%	0.2%
	HPP	F	0.05%	0.04%	0.04%
	HQY	A	0.18%	0.16%	0.16%
	HRB	D	0.78%	0.19%	0.19%
	HURN	B	0.12%	0.06%	0.06%
	HWC	B	0.23%	0.09%	0.09%
	HXL	F	0.29%	0.14%	0.14%
	HZO	F	0.06%	0.05%	0.05%
	IART	C	0.06%	0.05%	0.05%
	IBCP	B	0.07%	0.14%	0.07%
	ICUI	D	0.32%	0.08%	0.08%
	IDCC	A	0.45%	0.14%	0.14%
	IDYA	F	0.14%	0.06%	0.06%
	IMAX	B	0.02%	0.09%	0.02%
	INDB	A	0.15%	0.08%	0.08%
	INFA	D	0.02%	0.05%	0.02%
	INFN	D	0.06%	0.05%	0.05%
	INTA	B	0.13%	0.08%	0.08%
	IRDM	D	0.12%	0.12%	0.12%
	IRON	C	0.1%	0.06%	0.06%
	ITGR	B	0.17%	0.13%	0.13%
	ITRI	B	0.5%	0.2%	0.2%
	IVZ	B	0.31%	0.24%	0.24%
	JAMF	F	0.01%	0.04%	0.01%
	JAZZ	B	0.15%	0.16%	0.15%
	JBT	A	0.23%	0.08%	0.08%
	JLL	C	0.37%	0.34%	0.34%
	JWN	C	0.1%	0.06%	0.06%
	JXN	B	0.74%	0.14%	0.14%
	KBH	D	0.08%	0.2%	0.08%
	KBR	D	0.69%	0.35%	0.35%
	KE	C	0.03%	0.06%	0.03%
	KLIC	C	0.14%	0.13%	0.13%
	KNF	B	0.26%	0.13%	0.13%
	KOP	C	0.08%	0.08%	0.08%
	KRC	C	0.41%	0.11%	0.11%
	KREF	D	0.06%	0.06%	0.06%
	KTB	A	0.14%	0.16%	0.14%
	KTOS	C	0.05%	0.08%	0.05%
	KURA	F	0.07%	0.04%	0.04%
	KYMR	C	0.09%	0.05%	0.05%
	LAD	A	0.75%	0.22%	0.22%
	LBPH	A	0.19%	0.08%	0.08%
	LCID	F	0.07%	0.05%	0.05%
	LCII	D	0.18%	0.1%	0.1%
	LESL	C	0.05%	0.04%	0.04%
	LEVI	F	0.15%	0.05%	0.05%
	LFUS	D	0.09%	0.14%	0.09%
	LGF.A	F	0.01%	0.04%	0.01%
	LNC	B	0.11%	0.09%	0.09%
	LNN	B	0.13%	0.08%	0.08%
	LPX	A	0.51%	0.17%	0.17%
	LRN	A	0.4%	0.13%	0.13%
	LSCC	D	0.31%	0.15%	0.15%
	LUMN	C	0.21%	0.19%	0.19%
	M	D	0.16%	0.13%	0.13%
	MAT	D	0.56%	0.13%	0.13%
	MBUU	C	0.08%	0.06%	0.06%
	MEI	F	0.03%	0.04%	0.03%
	MGNI	B	0.2%	0.06%	0.06%
	MGRC	B	0.03%	0.09%	0.03%
	MIR	A	0.29%	0.08%	0.08%
	MLNK	C	0.05%	0.05%	0.05%
	MNRO	B	0.08%	0.05%	0.05%
	MOD	C	0.55%	0.15%	0.15%
	MODG	F	0.12%	0.05%	0.05%
	MOG.A	B	0.6%	0.24%	0.24%
	MOV	C	0.03%	0.06%	0.03%
	MRC	B	0.11%	0.05%	0.05%
	MRCY	B	0.2%	0.11%	0.11%
	MRUS	D	0.15%	0.06%	0.06%
	MSA	D	0.39%	0.17%	0.17%
	MTG	C	0.06%	0.23%	0.06%
	MTH	D	0.02%	0.17%	0.02%
	MTN	C	0.37%	0.2%	0.2%
	MTX	B	0.26%	0.12%	0.12%
	MUSA	A	0.93%	0.34%	0.34%
	MWA	B	0.02%	0.25%	0.02%
	MYGN	F	0.07%	0.03%	0.03%
	MYRG	C	0.15%	0.16%	0.15%
	NABL	F	0.03%	0.04%	0.03%
	NARI	B	0.25%	0.06%	0.06%
	NBTB	B	0.02%	0.06%	0.02%
	NEO	C	0.13%	0.05%	0.05%
	NJR	A	0.45%	0.21%	0.21%
	NMIH	D	0.02%	0.09%	0.02%
	NOV	D	0.27%	0.15%	0.15%
	NOVA	F	0.04%	0.02%	0.02%
	NOVT	D	0.3%	0.19%	0.19%
	NRIX	C	0.04%	0.06%	0.04%
	NSIT	F	0.26%	0.13%	0.13%
	NTNX	B	0.89%	0.36%	0.36%
	NUVB	C	0.02%	0.05%	0.02%
	NVCR	D	0.08%	0.04%	0.04%
	NVST	C	0.08%	0.06%	0.06%
	NWL	B	0.32%	0.1%	0.1%
	NYT	D	0.39%	0.18%	0.18%
	OGS	A	0.41%	0.31%	0.31%
	OHI	C	0.46%	0.19%	0.19%
	OMCL	C	0.21%	0.05%	0.05%
	OMI	F	0.09%	0.04%	0.04%
	ONB	B	0.13%	0.19%	0.13%
	ONTO	F	0.33%	0.21%	0.21%
	ORI	A	0.02%	0.13%	0.02%
	OUT	A	0.17%	0.07%	0.07%
	OZK	A	0.32%	0.14%	0.14%
	PAHC	B	0.05%	0.06%	0.05%
	PAR	A	0.24%	0.07%	0.07%
	PBI	C	0.12%	0.05%	0.05%
	PCH	D	0.32%	0.17%	0.17%
	PCOR	C	0.71%	0.17%	0.17%
	PCVX	D	0.21%	0.21%	0.21%
	PDCO	D	0.08%	0.13%	0.08%
	PDFS	D	0.09%	0.05%	0.05%
	PDM	D	0.02%	0.06%	0.02%
	PEB	F	0.14%	0.06%	0.06%
	PEN	B	0.1%	0.17%	0.1%
	PFSI	D	0.36%	0.1%	0.1%
	PHAT	F	0.03%	0.03%	0.03%
	PJT	B	0.35%	0.1%	0.1%
	PLAY	C	0.13%	0.06%	0.06%
	PLMR	A	0.25%	0.08%	0.08%
	PLNT	A	0.39%	0.2%	0.2%
	PLOW	D	0.02%	0.05%	0.02%
	PLRX	D	0.04%	0.04%	0.04%
	PLUG	F	0.15%	0.04%	0.04%
	PLYA	B	0.09%	0.08%	0.08%
	PNFP	A	0.08%	0.3%	0.08%
	PNTG	D	0.05%	0.06%	0.05%
	POWL	C	0.28%	0.09%	0.09%
	PRAA	C	0.03%	0.05%	0.03%
	PRCT	B	0.21%	0.08%	0.08%
	PRG	B	0.15%	0.05%	0.05%
	PRGO	C	0.03%	0.07%	0.03%
	PRGS	B	0.2%	0.24%	0.2%
	PRI	A	0.54%	0.23%	0.23%
	PRIM	A	0.26%	0.14%	0.14%
	PRTA	F	0.05%	0.04%	0.04%
	PVH	C	0.27%	0.16%	0.16%
	PYCR	C	0.1%	0.06%	0.06%
	R	B	0.62%	0.29%	0.29%
	RAMP	C	0.02%	0.05%	0.02%
	RBBN	B	0.04%	0.06%	0.04%
	RCM	A	0.24%	0.06%	0.06%
	RCUS	F	0.05%	0.04%	0.04%
	RDNT	B	0.16%	0.1%	0.1%
	RDUS	C	0.04%	0.1%	0.04%
	REXR	F	0.55%	0.31%	0.31%
	REZI	A	0.35%	0.23%	0.23%
	RGA	A	0.63%	0.3%	0.3%
	RGLD	A	0.38%	0.29%	0.29%
	RHI	C	0.5%	0.21%	0.21%
	RHP	B	0.62%	0.19%	0.19%
	RNA	C	0.29%	0.09%	0.09%
	RNST	B	0.02%	0.08%	0.02%
	ROG	D	0.15%	0.07%	0.07%
	RUN	F	0.17%	0.05%	0.05%
	RUSHA	B	0.14%	0.05%	0.05%
	RUSHB	B	0.04%	0.06%	0.04%
	RXRX	F	0.12%	0.04%	0.04%
	RXST	F	0.14%	0.05%	0.05%
	RYAN	B	0.2%	0.14%	0.14%
	SAIA	C	0.55%	0.28%	0.28%
	SAVA	C	0.12%	0.04%	0.04%
	SBH	A	0.02%	0.05%	0.02%
	SBRA	C	0.02%	0.08%	0.02%
	SCI	A	1.02%	0.27%	0.27%
	SCL	D	0.16%	0.1%	0.1%
	SFM	B	0.22%	0.43%	0.22%
	SHC	D	0.17%	0.05%	0.05%
	SIG	C	0.07%	0.1%	0.07%
	SIGI	B	0.02%	0.29%	0.02%
	SITE	D	0.39%	0.16%	0.16%
	SJW	F	0.14%	0.09%	0.09%
	SLAB	F	0.15%	0.09%	0.09%
	SMP	C	0.07%	0.05%	0.05%
	SNDX	F	0.05%	0.04%	0.04%
	SNV	B	0.37%	0.3%	0.3%
	SON	D	0.01%	0.11%	0.01%
	SONO	C	0.16%	0.07%	0.07%
	SPB	C	0.25%	0.08%	0.08%
	SPSC	F	0.33%	0.16%	0.16%
	SR	A	0.03%	0.14%	0.03%
	SSB	B	0.4%	0.27%	0.27%
	ST	F	0.02%	0.08%	0.02%
	STAA	F	0.04%	0.03%	0.03%
	STC	A	0.19%	0.08%	0.08%
	STWD	C	0.32%	0.1%	0.1%
	SVRA	F	0.03%	0.03%	0.03%
	SWX	A	0.16%	0.13%	0.13%
	SXT	C	0.27%	0.07%	0.07%
	TARS	C	0.12%	0.08%	0.08%
	TBBK	A	0.26%	0.08%	0.08%
	TDC	F	0.11%	0.1%	0.1%
	TDOC	C	0.02%	0.06%	0.02%
	TGI	A	0.05%	0.06%	0.05%
	TGNA	B	0.25%	0.2%	0.2%
	THG	A	0.05%	0.18%	0.05%
	THO	B	0.33%	0.12%	0.12%
	TILE	B	0.14%	0.08%	0.08%
	TMCI	C	0.02%	0.06%	0.02%
	TMHC	B	0.15%	0.17%	0.15%
	TNET	F	0.21%	0.08%	0.08%
	TPH	D	0.03%	0.14%	0.03%
	TPR	A	0.36%	0.29%	0.29%
	TRNO	D	0.56%	0.1%	0.1%
	UGI	C	0.47%	0.24%	0.24%
	UMBF	B	0.02%	0.27%	0.02%
	UNIT	B	0.13%	0.08%	0.08%
	UNM	A	0.15%	0.25%	0.15%
	USFD	B	0.73%	0.49%	0.49%
	VAC	C	0.06%	0.08%	0.06%
	VCTR	B	0.26%	0.07%	0.07%
	VECO	F	0.06%	0.1%	0.06%
	VERA	B	0.17%	0.06%	0.06%
	VFC	C	0.04%	0.18%	0.04%
	VITL	F	0.08%	0.05%	0.05%
	VKTX	F	0.19%	0.11%	0.11%
	VLY	A	0.35%	0.15%	0.15%
	VNT	C	0.15%	0.15%	0.15%
	VOYA	A	0.12%	0.16%	0.12%
	VRDN	C	0.09%	0.06%	0.06%
	VREX	C	0.05%	0.06%	0.05%
	VSEC	B	0.17%	0.08%	0.08%
	VVI	B	0.09%	0.06%	0.06%
	VVV	B	0.49%	0.17%	0.17%
	VYX	C	0.19%	0.05%	0.05%
	WAL	B	0.63%	0.22%	0.22%
	WBS	A	0.43%	0.27%	0.27%
	WCC	B	0.2%	0.24%	0.2%
	WD	D	0.35%	0.06%	0.06%
	WDFC	B	0.22%	0.11%	0.11%
	WEX	F	0.47%	0.25%	0.25%
	WFRD	F	0.41%	0.15%	0.15%
	WGO	C	0.17%	0.12%	0.12%
	WHD	B	0.34%	0.12%	0.12%
	WHR	A	0.16%	0.2%	0.16%
	WMS	F	0.48%	0.21%	0.21%
	WNC	C	0.08%	0.05%	0.05%
	WOLF	F	0.09%	0.03%	0.03%
	WRBY	A	0.17%	0.07%	0.07%
	WSC	F	0.18%	0.17%	0.17%
	WT	A	0.13%	0.06%	0.06%
	WTM	A	0.48%	0.13%	0.13%
	XHR	B	0.15%	0.07%	0.07%
	XPO	B	0.31%	0.33%	0.31%
	XPRO	F	0.11%	0.05%	0.05%
	XRX	F	0.04%	0.04%	0.04%
	YETI	F	0.19%	0.12%	0.12%
	ZD	B	0.25%	0.08%	0.08%
	ZEUS	C	0.04%	0.05%	0.04%
	ZION	A	0.31%	0.2%	0.2%

NUSC Overweight 58 Positions Relative to ESML

	Symbol	Grade	Weight
	BFH	B	0.23%
	ADTN	A	0.22%
	EVTC	C	0.21%
	CASH	B	0.2%
	EQC	A	0.19%
	TRIP	D	0.14%
	STBA	B	0.14%
	WVE	C	0.12%
	QNST	C	0.11%
	PEBO	A	0.11%
	ARRY	D	0.11%
	ARI	C	0.11%
	CARS	B	0.11%
	BZH	C	0.1%
	EXPI	C	0.1%
	JOE	F	0.08%
	PRA	B	0.08%
	SRRK	C	0.07%
	CDMO	A	0.07%
	CWH	C	0.06%
	SCHL	F	0.06%
	LPRO	C	0.06%
	RPAY	D	0.06%
	STGW	B	0.06%
	WEAV	B	0.05%
	BHB	B	0.05%
	VMEO	B	0.05%
	MNMD	C	0.05%
	MCS	B	0.05%
	CTLP	B	0.05%
	EYPT	D	0.05%
	ADV	F	0.04%
	XPOF	B	0.04%
	WOOF	D	0.04%
	CCO	D	0.04%
	KW	C	0.04%
	HUMA	F	0.04%
	MAX	F	0.04%
	RVNC	F	0.04%
	IMNM	F	0.04%
	DMRC	D	0.03%
	OFIX	B	0.03%
	TITN	C	0.03%
	VERV	F	0.03%
	PACK	C	0.03%
	LAZR	D	0.03%
	PFGC	B	0.03%
	ZIP	D	0.03%
	TRDA	C	0.03%
	TBPH	B	0.03%
	CBL	A	0.03%
	GTN	F	0.03%
	CYRX	D	0.03%
	LILA	F	0.02%
	NNI	C	0.02%
	EB	C	0.02%
	ATEX	F	0.02%
	LYEL	F	0.01%

NUSC Underweight 482 Positions Relative to ESML

	Symbol	Grade	Weight
	JHG	A	-0.51%
	CVNA	A	-0.48%
	GWRE	A	-0.43%
	INGR	B	-0.42%
	IBKR	A	-0.32%
	NTRA	B	-0.31%
	OSK	B	-0.3%
	BWXT	A	-0.3%
	EHC	B	-0.29%
	SUM	B	-0.28%
	CNX	A	-0.28%
	DTM	A	-0.28%
	COHR	C	-0.28%
	ITT	A	-0.28%
	TOL	B	-0.27%
	AVT	C	-0.27%
	GPK	D	-0.26%
	ALSN	A	-0.26%
	DCI	B	-0.25%
	RRC	B	-0.25%
	BJ	B	-0.25%
	FTAI	A	-0.24%
	RNR	D	-0.24%
	HRI	B	-0.24%
	NCLH	B	-0.24%
	AFRM	A	-0.23%
	AWI	B	-0.23%
	ALK	A	-0.23%
	CW	B	-0.23%
	THC	C	-0.23%
	SOFI	A	-0.22%
	FELE	B	-0.22%
	CMC	B	-0.22%
	AR	B	-0.22%
	CDP	C	-0.21%
	CMA	B	-0.21%
	CACI	C	-0.21%
	WTS	A	-0.21%
	INSM	D	-0.21%
	LSTR	D	-0.21%
	CUZ	B	-0.21%
	CNO	A	-0.2%
	FND	F	-0.2%
	LECO	C	-0.2%
	KNSL	B	-0.2%
	OMF	A	-0.2%
	NFG	A	-0.2%
	PCTY	B	-0.2%
	RLI	A	-0.2%
	HHH	B	-0.2%
	WK	B	-0.2%
	ZWS	B	-0.2%
	AVA	C	-0.19%
	PR	B	-0.19%
	WING	F	-0.19%
	CIEN	B	-0.19%
	AXS	A	-0.19%
	LNW	F	-0.19%
	SNDR	B	-0.19%
	AA	A	-0.19%
	WWD	B	-0.19%
	NVT	C	-0.19%
	SF	A	-0.18%
	SRPT	F	-0.18%
	BWA	B	-0.18%
	SPXC	B	-0.18%
	KNTK	A	-0.18%
	MORN	B	-0.18%
	DUOL	B	-0.18%
	MDU	D	-0.18%
	ENLC	A	-0.18%
	AEIS	B	-0.17%
	LAZ	B	-0.17%
	FN	C	-0.17%
	PLXS	B	-0.17%
	ASB	B	-0.17%
	UBSI	A	-0.17%
	GATX	A	-0.17%
	MTZ	B	-0.17%
	RGEN	F	-0.16%
	BRX	A	-0.16%
	TTEK	F	-0.16%
	TNL	A	-0.16%
	TKO	C	-0.16%
	SLM	A	-0.16%
	FLS	A	-0.16%
	GXO	B	-0.16%
	ECG	C	-0.15%
	WH	B	-0.15%
	MEDP	D	-0.15%
	CPF	A	-0.15%
	MMSI	A	-0.15%
	FSS	B	-0.15%
	ANF	C	-0.15%
	AM	A	-0.15%
	CRS	A	-0.15%
	RRX	B	-0.15%
	ITCI	B	-0.15%
	PINC	B	-0.14%
	X	C	-0.14%
	CHDN	C	-0.14%
	GTLS	A	-0.14%
	CHE	D	-0.14%
	SMAR	A	-0.14%
	RMBS	C	-0.14%
	MKSI	C	-0.14%
	BILL	A	-0.14%
	TPX	A	-0.14%
	CZR	F	-0.14%
	ATI	D	-0.14%
	AVAV	C	-0.13%
	HESM	A	-0.13%
	CAVA	C	-0.13%
	AIT	A	-0.13%
	STRL	B	-0.13%
	CBT	C	-0.13%
	MUR	D	-0.13%
	NPO	A	-0.13%
	VMI	B	-0.13%
	ELF	C	-0.13%
	COLB	B	-0.13%
	CABO	C	-0.13%
	HIW	D	-0.13%
	CVBF	A	-0.12%
	OLLI	D	-0.12%
	EVR	B	-0.12%
	QTWO	B	-0.12%
	KOS	D	-0.12%
	RKLB	B	-0.12%
	S	C	-0.12%
	GL	B	-0.12%
	CRDO	C	-0.12%
	WERN	B	-0.12%
	ADT	B	-0.12%
	FULT	A	-0.12%
	PEGA	B	-0.11%
	PATH	D	-0.11%
	TXRH	B	-0.11%
	JEF	A	-0.11%
	ORA	B	-0.11%
	GMED	A	-0.11%
	ABCB	B	-0.11%
	LYFT	B	-0.11%
	XENE	D	-0.11%
	SHOO	D	-0.11%
	APPF	C	-0.11%
	ECPG	B	-0.11%
	HALO	D	-0.11%
	LBRDA	C	-0.11%
	KAR	A	-0.11%
	VC	F	-0.1%
	RXO	C	-0.1%
	CFR	B	-0.1%
	RVMD	B	-0.1%
	BRBR	A	-0.1%
	TENB	D	-0.1%
	TRN	A	-0.1%
	SSD	D	-0.1%
	CAC	B	-0.1%
	NXT	C	-0.1%
	SLG	B	-0.1%
	DY	C	-0.1%
	BHVN	C	-0.1%
	DRS	B	-0.1%
	CRC	A	-0.1%
	LITE	B	-0.1%
	FLR	B	-0.1%
	CCOI	B	-0.1%
	KD	A	-0.1%
	CGNX	D	-0.1%
	ALTM	C	-0.1%
	PSN	C	-0.1%
	LNTH	F	-0.1%
	LEA	F	-0.1%
	VNO	C	-0.09%
	OGN	F	-0.09%
	AMED	F	-0.09%
	ABM	B	-0.09%
	UPST	B	-0.09%
	U	F	-0.09%
	ARW	D	-0.09%
	KFY	B	-0.09%
	WEN	C	-0.09%
	POST	D	-0.09%
	SHAK	B	-0.09%
	RDN	D	-0.09%
	FR	D	-0.09%
	CURB	D	-0.09%
	ZI	D	-0.09%
	MTSI	B	-0.09%
	OPCH	F	-0.09%
	ESE	A	-0.09%
	NXST	D	-0.09%
	RL	B	-0.09%
	MARA	C	-0.09%
	IBP	F	-0.09%
	EVRI	A	-0.08%
	AVPT	A	-0.08%
	AMWD	B	-0.08%
	OLED	F	-0.08%
	ICFI	F	-0.08%
	AUR	C	-0.08%
	BPMC	C	-0.08%
	IESC	B	-0.08%
	BL	C	-0.08%
	IOSP	C	-0.08%
	ACLX	C	-0.08%
	SNX	C	-0.08%
	BPOP	D	-0.08%
	ALG	C	-0.08%
	SASR	A	-0.08%
	PRVA	B	-0.08%
	TEX	D	-0.08%
	CHWY	B	-0.08%
	INSP	F	-0.08%
	ENOV	C	-0.08%
	TDS	B	-0.08%
	PIPR	A	-0.08%
	PRKS	B	-0.08%
	BWIN	D	-0.08%
	HR	C	-0.08%
	NTGR	A	-0.08%
	BOH	B	-0.08%
	MAC	A	-0.08%
	DOCS	B	-0.08%
	GVA	A	-0.08%
	AAT	C	-0.07%
	SKT	A	-0.07%
	HI	C	-0.07%
	RARE	F	-0.07%
	LBRDK	C	-0.07%
	UEC	A	-0.07%
	WU	F	-0.07%
	GT	C	-0.07%
	SEE	D	-0.07%
	PECO	A	-0.07%
	VSCO	A	-0.07%
	TREX	C	-0.07%
	GTES	A	-0.07%
	BDN	D	-0.07%
	VVX	C	-0.07%
	ENR	A	-0.07%
	ZYME	C	-0.07%
	SEM	B	-0.07%
	ALHC	C	-0.07%
	MHK	D	-0.07%
	HWKN	B	-0.07%
	BROS	A	-0.07%
	FIVN	C	-0.07%
	ATRC	C	-0.07%
	BC	D	-0.07%
	WTFC	A	-0.07%
	AN	D	-0.07%
	PI	D	-0.07%
	CCCS	B	-0.07%
	NWN	A	-0.07%
	AZZ	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%
	SG	C	-0.06%
	DLX	A	-0.06%
	CLSK	C	-0.06%
	PRO	C	-0.06%
	DCO	B	-0.06%
	VRTS	B	-0.06%
	PBF	D	-0.06%
	SATS	D	-0.06%
	W	D	-0.06%
	PTCT	C	-0.06%
	EXPO	D	-0.06%
	AXSM	B	-0.06%
	AGIO	C	-0.06%
	LXP	D	-0.06%
	VRNT	D	-0.06%
	COKE	D	-0.06%
	POWI	D	-0.06%
	CMCO	C	-0.06%
	CHH	A	-0.06%
	TGTX	C	-0.06%
	CWAN	C	-0.06%
	EXP	B	-0.06%
	ATEN	A	-0.06%
	CLH	C	-0.06%
	ROCK	C	-0.06%
	CLNE	D	-0.06%
	AGO	A	-0.06%
	CAKE	B	-0.06%
	KROS	D	-0.06%
	FROG	C	-0.06%
	SFBS	B	-0.06%
	VBTX	B	-0.06%
	CART	C	-0.06%
	BOOT	C	-0.06%
	SMTC	C	-0.06%
	PLUS	F	-0.06%
	OWL	A	-0.06%
	PPBI	B	-0.06%
	ACVA	A	-0.06%
	SM	C	-0.06%
	ROIV	D	-0.06%
	FLYW	B	-0.06%
	APG	C	-0.06%
	PK	D	-0.06%
	ADMA	C	-0.06%
	CLB	C	-0.06%
	MNKD	B	-0.06%
	CCS	F	-0.06%
	TALO	C	-0.06%
	BYD	B	-0.06%
	BKU	A	-0.06%
	AVDX	B	-0.06%
	VNOM	B	-0.06%
	FRSH	C	-0.06%
	FUN	B	-0.06%
	VRNS	F	-0.06%
	CLF	F	-0.06%
	FOUR	A	-0.06%
	MAN	F	-0.06%
	VERX	B	-0.06%
	MASI	B	-0.06%
	UPBD	C	-0.06%
	CALM	A	-0.06%
	IBOC	A	-0.06%
	RH	C	-0.06%
	FFIN	A	-0.06%
	OII	B	-0.06%
	PAYO	A	-0.06%
	CBU	B	-0.06%
	SWTX	C	-0.05%
	KLG	D	-0.05%
	TWST	F	-0.05%
	BNL	D	-0.05%
	AXL	C	-0.05%
	THRM	F	-0.05%
	HLX	C	-0.05%
	RYN	D	-0.05%
	ALRM	C	-0.05%
	IONS	F	-0.05%
	DOCN	F	-0.05%
	ICHR	C	-0.05%
	CPRX	C	-0.05%
	APGE	D	-0.05%
	VSTS	F	-0.05%
	FLG	D	-0.05%
	ARCB	C	-0.05%
	CDE	C	-0.05%
	XRAY	F	-0.05%
	PSMT	D	-0.05%
	ACEL	C	-0.05%
	BASE	C	-0.05%
	MLTX	C	-0.05%
	SLNO	C	-0.05%
	INVX	C	-0.05%
	PENN	C	-0.05%
	ASAN	C	-0.05%
	MPW	F	-0.05%
	AI	C	-0.05%
	KSS	F	-0.05%
	PTGX	D	-0.05%
	BEAM	D	-0.05%
	AWR	A	-0.05%
	XPEL	C	-0.05%
	PFS	A	-0.05%
	PGRE	D	-0.05%
	EDR	A	-0.05%
	REVG	B	-0.05%
	SPR	D	-0.05%
	WKC	D	-0.05%
	MTTR	B	-0.05%
	GO	C	-0.05%
	HAYW	A	-0.05%
	SLVM	B	-0.05%
	ZUO	B	-0.05%
	HCC	B	-0.05%
	MMI	B	-0.05%
	BGC	B	-0.05%
	JANX	C	-0.05%
	CC	C	-0.05%
	MHO	D	-0.05%
	GEF	B	-0.05%
	TMDX	F	-0.05%
	SKY	A	-0.05%
	BE	B	-0.05%
	ADUS	D	-0.05%
	LIVN	C	-0.05%
	AORT	B	-0.05%
	SMPL	B	-0.05%
	KMPR	A	-0.05%
	EPR	D	-0.05%
	MDGL	C	-0.05%
	ASTE	C	-0.05%
	CUBI	B	-0.05%
	ARWR	D	-0.05%
	KVYO	C	-0.05%
	LOPE	B	-0.05%
	UFPT	C	-0.05%
	RNG	C	-0.05%
	TNC	F	-0.05%
	GEF	B	-0.05%
	NUVL	D	-0.05%
	LEG	F	-0.05%
	YELP	C	-0.05%
	JBGS	F	-0.05%
	UAA	B	-0.05%
	MXL	D	-0.05%
	NCNO	B	-0.05%
	COOP	B	-0.05%
	COLD	F	-0.05%
	NBHC	B	-0.05%
	AGYS	A	-0.05%
	ALKT	B	-0.05%
	PD	C	-0.05%
	CIVI	C	-0.05%
	CRAI	B	-0.05%
	RCKT	F	-0.04%
	FOXF	F	-0.04%
	CLW	F	-0.04%
	FORM	F	-0.04%
	CAL	F	-0.04%
	HOUS	D	-0.04%
	GPRE	F	-0.04%
	NEP	F	-0.04%
	CRI	F	-0.04%
	QS	F	-0.04%
	NTLA	F	-0.04%
	PGNY	F	-0.04%
	CLDX	F	-0.04%
	EGY	F	-0.04%
	SPT	C	-0.04%
	CXM	C	-0.04%
	TNDM	F	-0.04%
	SIBN	D	-0.04%
	MLKN	F	-0.04%
	IMVT	F	-0.04%
	MTUS	F	-0.04%
	MMS	D	-0.04%
	OSCR	D	-0.04%
	AMC	F	-0.04%
	ASH	F	-0.04%
	HL	D	-0.04%
	BBIO	F	-0.04%
	DK	D	-0.04%
	QDEL	F	-0.04%
	ARLO	D	-0.04%
	FLO	D	-0.04%
	PTEN	C	-0.04%
	IVR	D	-0.04%
	BRZE	C	-0.04%
	CWT	D	-0.04%
	THS	F	-0.04%
	UCB	A	-0.04%
	KRYS	C	-0.04%
	GRBK	D	-0.04%
	TROX	F	-0.04%
	RKT	F	-0.04%
	EPC	D	-0.04%
	NEOG	D	-0.04%
	NVAX	F	-0.03%
	ANAB	F	-0.03%
	MEG	F	-0.03%
	TXG	F	-0.03%
	SITC	D	-0.03%
	CNXC	F	-0.03%
	CDNA	D	-0.03%
	APLS	F	-0.03%
	CPRI	F	-0.03%
	BRY	F	-0.03%
	MQ	D	-0.03%
	JELD	F	-0.03%
	KELYA	F	-0.03%
	AGL	F	-0.02%
	MC	B	-0.02%
	VSAT	F	-0.02%
	DEI	B	-0.02%
	SEDG	F	-0.02%
	ASPN	F	-0.02%
	GDOT	D	-0.01%
	MAGN	F	-0.01%

NUSC: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Software - Application Software - Infrastructure Medical Devices Diagnostics & Research Oil & Gas Equipment & Services REIT - Diversified Specialty Chemicals Specialty Retail Electronic Components Asset Management Auto & Truck Dealerships Business Services Diversified Industrials Information Technology Services Insurance - Property & Casualty Medical Instruments & Supplies Telecom Services Apparel Manufacturing

Keywords: Banking Medicine Bank Biopharmaceutical Biotechnology Deposit Products Computing Real Estate Investment Trust Cancer Insurance Chemical Telecommunications Commercial Banking Disease Electronics Real Estate Loans Supply Chain Management Clinical Medicine Construction Natural Gas

ESML: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Software - Application Software - Infrastructure Diversified Industrials Business Services Diagnostics & Research Medical Devices Asset Management Building Materials Engineering & Construction Specialty Chemicals Specialty Retail Information Technology Services Oil & Gas E&P Oil & Gas Equipment & Services REIT - Diversified Auto Parts Electronic Components Aerospace & Defense

Keywords: Medicine Banking Bank Biopharmaceutical Real Estate Investment Trust Computing Chemical Natural Gas Biotechnology Cancer Deposit Products Mining Insurance Construction Telecommunications Aerospace Commercial Banking Electronics Real Estate Loans Transport