ESML vs. BBMC ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC)

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

$38.61

Average Daily Volume

137,822

Number of Holdings ^*

901

* may have additional holdings in another (foreign) market

BBMC

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

BBMC Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the MorningstarÂ® US Mid Cap Target Market Exposure Extended IndexSM. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index consists of equity securities primarily traded in the United States and targets those securities that fall between the 85th and 95th percentiles in market capitalization of the free float adjusted investable universe.

Grade (RS Rating)

Last Trade

$87.62

Average Daily Volume

12,558

Number of Holdings ^*

577

* may have additional holdings in another (foreign) market

Performance

Period	ESML	BBMC
30 Days	-1.60%	-1.63%
60 Days	0.81%	0.24%
90 Days	-4.63%	-5.23%
12 Months	10.92%	12.64%

421 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in BBMC	Overlap
AA	D	0.18%	0.19%	0.18%
AAON	B	0.19%	0.16%	0.16%
AAP	F	0.1%	0.11%	0.1%
ABG	C	0.12%	0.14%	0.12%
ACA	C	0.13%	0.12%	0.12%
ACHC	D	0.2%	0.17%	0.17%
ADC	B	0.1%	0.17%	0.1%
AEIS	C	0.18%	0.12%	0.12%
AGCO	F	0.16%	0.19%	0.16%
AGL	D	0.06%	0.06%	0.06%
AGNC	B	0.13%	0.19%	0.13%
AGO	C	0.06%	0.13%	0.06%
AIRC	A	0.06%	0.16%	0.06%
AIT	C	0.1%	0.21%	0.1%
AL	C	0.11%	0.14%	0.11%
ALK	D	0.21%	0.15%	0.15%
ALKS	C	0.1%	0.11%	0.1%
ALSN	D	0.19%	0.19%	0.19%
ALTR	B	0.15%	0.16%	0.15%
ALV	D	0.04%	0.23%	0.04%
AM	B	0.16%	0.13%	0.13%
AMG	C	0.27%	0.15%	0.15%
AMN	F	0.1%	0.06%	0.06%
AN	D	0.09%	0.14%	0.09%
APG	B	0.07%	0.24%	0.07%
APLS	F	0.05%	0.11%	0.05%
AR	D	0.27%	0.27%	0.27%
ARMK	A	0.23%	0.24%	0.23%
ARRY	F	0.05%	0.05%	0.05%
ARW	D	0.09%	0.2%	0.09%
ARWR	C	0.08%	0.09%	0.08%
ASGN	D	0.18%	0.12%	0.12%
ASH	D	0.05%	0.14%	0.05%
ATI	C	0.16%	0.2%	0.16%
ATKR	F	0.15%	0.15%	0.15%
ATR	D	0.23%	0.28%	0.23%
AVA	C	0.19%	0.08%	0.08%
AVNT	D	0.07%	0.11%	0.07%
AVT	C	0.3%	0.13%	0.13%
AWI	D	0.2%	0.15%	0.15%
AWR	D	0.05%	0.08%	0.05%
AXS	B	0.18%	0.15%	0.15%
AXSM	B	0.05%	0.08%	0.05%
AXTA	C	0.28%	0.21%	0.21%
AYI	D	0.28%	0.23%	0.23%
AZEK	D	0.14%	0.2%	0.14%
AZTA	D	0.09%	0.08%	0.08%
BC	F	0.08%	0.15%	0.08%
BCPC	B	0.13%	0.14%	0.13%
BDC	B	0.19%	0.12%	0.12%
BE	C	0.06%	0.08%	0.06%
BECN	D	0.14%	0.15%	0.14%
BERY	D	0.18%	0.2%	0.18%
BFAM	C	0.23%	0.16%	0.16%
BJ	B	0.29%	0.32%	0.29%
BL	D	0.07%	0.06%	0.06%
BLD	D	0.32%	0.38%	0.32%
BLKB	C	0.12%	0.1%	0.1%
BMI	D	0.29%	0.16%	0.16%
BOX	C	0.13%	0.11%	0.11%
BPMC	B	0.1%	0.17%	0.1%
BPOP	C	0.08%	0.16%	0.08%
BRBR	C	0.08%	0.21%	0.08%
BRKR	F	0.17%	0.18%	0.17%
BRX	B	0.12%	0.19%	0.12%
BWXT	B	0.27%	0.24%	0.24%
BXMT	C	0.09%	0.08%	0.08%
BYD	C	0.05%	0.11%	0.05%
CABO	F	0.15%	0.05%	0.05%
CACI	A	0.21%	0.28%	0.21%
CADE	C	0.13%	0.14%	0.13%
CALX	C	0.07%	0.06%	0.06%
CAR	F	0.06%	0.06%	0.06%
CASY	A	0.56%	0.41%	0.41%
CBSH	C	0.2%	0.2%	0.2%
CBT	D	0.13%	0.15%	0.13%
CC	F	0.07%	0.1%	0.07%
CCOI	D	0.05%	0.07%	0.05%
CERE	D	0.07%	0.09%	0.07%
CFR	D	0.08%	0.16%	0.08%
CGNX	C	0.15%	0.23%	0.15%
CHDN	A	0.15%	0.28%	0.15%
CHE	D	0.13%	0.24%	0.13%
CHH	B	0.07%	0.09%	0.07%
CHX	C	0.2%	0.17%	0.17%
CIEN	C	0.15%	0.2%	0.15%
CIVI	D	0.1%	0.13%	0.1%
CLH	A	0.06%	0.33%	0.06%
CLVT	D	0.07%	0.05%	0.05%
CMA	C	0.18%	0.18%	0.18%
CMC	C	0.23%	0.17%	0.17%
CNM	D	0.3%	0.27%	0.27%
CNMD	F	0.05%	0.06%	0.05%
CNXC	D	0.06%	0.07%	0.06%
COHR	B	0.23%	0.28%	0.23%
COKE	A	0.05%	0.14%	0.05%
COLD	C	0.07%	0.2%	0.07%
COLM	D	0.07%	0.08%	0.07%
COOP	B	0.05%	0.15%	0.05%
CPRI	D	0.07%	0.11%	0.07%
CR	B	0.18%	0.2%	0.18%
CRC	B	0.1%	0.1%	0.1%
CROX	B	0.26%	0.28%	0.26%
CRSP	D	0.11%	0.14%	0.11%
CRUS	A	0.25%	0.2%	0.2%
CRVL	C	0.08%	0.07%	0.07%
CUBE	B	0.22%	0.27%	0.22%
CUZ	D	0.18%	0.09%	0.09%
CW	B	0.2%	0.3%	0.2%
CWEN	B	0.07%	0.02%	0.02%
CWEN	B	0.05%	0.02%	0.02%
CWEN	B	0.07%	0.06%	0.06%
CWEN	B	0.05%	0.06%	0.05%
CWT	C	0.05%	0.08%	0.05%
CYTK	D	0.14%	0.16%	0.14%
DAR	D	0.19%	0.16%	0.16%
DBX	D	0.13%	0.15%	0.13%
DCI	D	0.27%	0.25%	0.25%
DLB	D	0.2%	0.14%	0.14%
DNLI	B	0.1%	0.07%	0.07%
DOCS	C	0.05%	0.1%	0.05%
DTM	A	0.22%	0.19%	0.19%
DUOL	B	0.1%	0.21%	0.1%
DV	F	0.11%	0.07%	0.07%
DXC	C	0.12%	0.09%	0.09%
EDR	A	0.05%	0.14%	0.05%
EGP	C	0.23%	0.22%	0.22%
EHC	B	0.27%	0.25%	0.25%
ELAN	C	0.24%	0.25%	0.24%
ELF	A	0.25%	0.29%	0.25%
ENOV	F	0.09%	0.07%	0.07%
ENSG	B	0.19%	0.2%	0.19%
ENV	C	0.07%	0.09%	0.07%
EPR	C	0.06%	0.08%	0.06%
EPRT	B	0.14%	0.13%	0.13%
ESI	B	0.15%	0.18%	0.15%
ESNT	B	0.09%	0.17%	0.09%
ESTC	B	0.23%	0.26%	0.23%
EVR	B	0.1%	0.21%	0.1%
EXLS	C	0.18%	0.14%	0.14%
EXPO	B	0.06%	0.14%	0.06%
FAF	D	0.15%	0.16%	0.15%
FCN	C	0.23%	0.22%	0.22%
FELE	D	0.22%	0.11%	0.11%
FFIN	C	0.05%	0.12%	0.05%
FHN	C	0.2%	0.23%	0.2%
FIVE	F	0.15%	0.17%	0.15%
FIVN	F	0.09%	0.09%	0.09%
FIX	C	0.34%	0.33%	0.33%
FLO	D	0.11%	0.12%	0.11%
FLR	B	0.1%	0.22%	0.1%
FLS	C	0.14%	0.18%	0.14%
FLYW	F	0.05%	0.04%	0.04%
FMC	D	0.18%	0.2%	0.18%
FN	B	0.19%	0.26%	0.19%
FNB	C	0.06%	0.13%	0.06%
FND	F	0.25%	0.37%	0.25%
FOUR	B	0.05%	0.12%	0.05%
FOXF	C	0.06%	0.06%	0.06%
FR	C	0.09%	0.17%	0.09%
FRPT	B	0.19%	0.18%	0.18%
FSS	D	0.16%	0.15%	0.15%
FUL	D	0.12%	0.12%	0.12%
FYBR	B	0.11%	0.16%	0.11%
GATX	B	0.2%	0.13%	0.13%
GBCI	C	0.21%	0.12%	0.12%
GEF	F	0.05%	0.05%	0.05%
GEF	F	0.05%	0.05%	0.05%
GME	C	0.14%	0.22%	0.14%
GMED	A	0.1%	0.22%	0.1%
GNRC	D	0.18%	0.24%	0.18%
GPI	C	0.2%	0.12%	0.12%
GPK	D	0.3%	0.24%	0.24%
GPS	C	0.16%	0.16%	0.16%
GT	F	0.05%	0.09%	0.05%
GTES	D	0.06%	0.07%	0.06%
GTLS	C	0.16%	0.18%	0.16%
GWRE	A	0.36%	0.32%	0.32%
GXO	D	0.15%	0.17%	0.15%
HAE	D	0.13%	0.13%	0.13%
HALO	B	0.12%	0.19%	0.12%
HAS	C	0.28%	0.23%	0.23%
HGV	F	0.07%	0.09%	0.07%
HI	F	0.09%	0.09%	0.09%
HL	D	0.04%	0.09%	0.04%
HOG	F	0.24%	0.14%	0.14%
HQY	B	0.16%	0.21%	0.16%
HRB	A	0.2%	0.22%	0.2%
HRI	F	0.17%	0.09%	0.09%
HWC	C	0.09%	0.11%	0.09%
HXL	D	0.17%	0.16%	0.16%
IART	C	0.09%	0.06%	0.06%
IBKR	B	0.25%	0.37%	0.25%
IBP	D	0.1%	0.15%	0.1%
ICUI	B	0.06%	0.07%	0.06%
IMVT	F	0.05%	0.05%	0.05%
INFA	C	0.06%	0.03%	0.03%
INGR	D	0.37%	0.22%	0.22%
INSP	F	0.09%	0.14%	0.09%
IRDM	F	0.11%	0.08%	0.08%
ITCI	C	0.15%	0.21%	0.15%
ITT	D	0.28%	0.31%	0.28%
IVZ	D	0.24%	0.14%	0.14%
JBT	C	0.1%	0.09%	0.09%
JEF	A	0.08%	0.21%	0.08%
JHG	B	0.44%	0.13%	0.13%
JLL	B	0.34%	0.29%	0.29%
JXN	C	0.12%	0.15%	0.12%
KBH	B	0.22%	0.14%	0.14%
KBR	C	0.42%	0.25%	0.25%
KD	B	0.11%	0.17%	0.11%
KMPR	D	0.05%	0.1%	0.05%
KNSL	F	0.19%	0.25%	0.19%
KRC	F	0.1%	0.1%	0.1%
LAD	F	0.17%	0.21%	0.17%
LECO	D	0.23%	0.31%	0.23%
LEG	F	0.09%	0.04%	0.04%
LFUS	C	0.19%	0.19%	0.19%
LITE	B	0.07%	0.1%	0.07%
LNC	B	0.1%	0.15%	0.1%
LNTH	B	0.11%	0.16%	0.11%
LNW	B	0.24%	0.25%	0.24%
LOPE	D	0.07%	0.11%	0.07%
LPX	C	0.15%	0.17%	0.15%
LSTR	B	0.25%	0.19%	0.19%
LYFT	F	0.1%	0.14%	0.1%
M	C	0.17%	0.15%	0.15%
MAN	D	0.08%	0.1%	0.08%
MASI	C	0.05%	0.19%	0.05%
MAT	F	0.14%	0.17%	0.14%
MDGL	B	0.06%	0.11%	0.06%
MDU	B	0.3%	0.14%	0.14%
MEDP	A	0.18%	0.27%	0.18%
MHK	D	0.06%	0.17%	0.06%
MKSI	B	0.19%	0.23%	0.19%
MMSI	B	0.14%	0.14%	0.14%
MODG	C	0.1%	0.06%	0.06%
MORN	C	0.17%	0.22%	0.17%
MPW	D	0.06%	0.08%	0.06%
MSA	B	0.21%	0.2%	0.2%
MTDR	D	0.05%	0.18%	0.05%
MTG	B	0.25%	0.17%	0.17%
MTH	D	0.17%	0.17%	0.17%
MTSI	A	0.08%	0.17%	0.08%
MTZ	B	0.16%	0.19%	0.16%
MUR	D	0.18%	0.17%	0.17%
MUSA	B	0.34%	0.29%	0.29%
NARI	C	0.08%	0.06%	0.06%
NCLH	B	0.18%	0.21%	0.18%
NEOG	C	0.06%	0.11%	0.06%
NFE	F	0.04%	0.05%	0.04%
NFG	C	0.21%	0.14%	0.14%
NJR	C	0.25%	0.12%	0.12%
NNN	B	0.19%	0.22%	0.19%
NOV	C	0.21%	0.21%	0.21%
NOVT	C	0.21%	0.17%	0.17%
NSIT	C	0.2%	0.16%	0.16%
NTLA	D	0.07%	0.06%	0.06%
NTNX	C	0.31%	0.39%	0.31%
NTRA	B	0.22%	0.39%	0.22%
NVST	F	0.06%	0.09%	0.06%
NVT	C	0.24%	0.38%	0.24%
NWL	F	0.07%	0.07%	0.07%
NXST	C	0.1%	0.14%	0.1%
NYCB	F	0.05%	0.07%	0.05%
NYT	B	0.19%	0.22%	0.19%
OGN	B	0.13%	0.15%	0.13%
OGS	C	0.31%	0.09%	0.09%
OHI	A	0.27%	0.23%	0.23%
OLED	B	0.11%	0.28%	0.11%
OLLI	B	0.08%	0.17%	0.08%
OMF	D	0.2%	0.16%	0.16%
ONB	C	0.16%	0.13%	0.13%
ONTO	B	0.31%	0.32%	0.31%
OPCH	F	0.13%	0.15%	0.13%
ORA	B	0.11%	0.11%	0.11%
ORI	C	0.12%	0.23%	0.12%
OSK	D	0.32%	0.19%	0.19%
OZK	D	0.13%	0.12%	0.12%
PBF	D	0.1%	0.14%	0.1%
PCH	F	0.18%	0.09%	0.09%
PCOR	D	0.15%	0.16%	0.15%
PCVX	B	0.19%	0.21%	0.19%
PECO	C	0.06%	0.11%	0.06%
PEGA	C	0.08%	0.07%	0.07%
PEN	F	0.15%	0.2%	0.15%
PFSI	B	0.12%	0.07%	0.07%
PGNY	D	0.08%	0.06%	0.06%
PINC	F	0.13%	0.06%	0.06%
PLNT	B	0.18%	0.18%	0.18%
PLUG	F	0.04%	0.05%	0.04%
PNFP	D	0.22%	0.17%	0.17%
POST	C	0.09%	0.15%	0.09%
POWI	F	0.09%	0.12%	0.09%
PR	C	0.21%	0.21%	0.21%
PRGO	F	0.08%	0.1%	0.08%
PRI	B	0.22%	0.23%	0.22%
PRVA	D	0.07%	0.05%	0.05%
PSN	B	0.09%	0.1%	0.09%
PTEN	D	0.06%	0.11%	0.06%
PVH	F	0.21%	0.2%	0.2%
PYCR	F	0.05%	0.02%	0.02%
QLYS	D	0.05%	0.15%	0.05%
R	B	0.26%	0.15%	0.15%
RARE	D	0.06%	0.09%	0.06%
RCM	B	0.06%	0.07%	0.06%
RDN	B	0.09%	0.14%	0.09%
REXR	C	0.39%	0.26%	0.26%
RGLD	C	0.29%	0.23%	0.23%
RH	D	0.05%	0.1%	0.05%
RHI	F	0.22%	0.19%	0.19%
RHP	D	0.19%	0.17%	0.17%
RIG	D	0.04%	0.11%	0.04%
RL	B	0.08%	0.2%	0.08%
RLI	D	0.19%	0.17%	0.17%
RMBS	C	0.17%	0.18%	0.17%
RNR	B	0.25%	0.31%	0.25%
ROG	C	0.09%	0.07%	0.07%
RRC	D	0.29%	0.24%	0.24%
RRX	F	0.19%	0.27%	0.19%
RUN	B	0.07%	0.08%	0.07%
RUSHA	F	0.05%	0.07%	0.05%
RUSHB	F	0.05%	0.01%	0.01%
RYAN	B	0.13%	0.15%	0.13%
RYN	D	0.05%	0.11%	0.05%
S	D	0.09%	0.13%	0.09%
SAIA	C	0.29%	0.34%	0.29%
SCI	B	0.27%	0.31%	0.27%
SEDG	F	0.05%	0.06%	0.05%
SEE	C	0.08%	0.15%	0.08%
SEM	A	0.06%	0.1%	0.06%
SF	B	0.14%	0.23%	0.14%
SFM	B	0.32%	0.23%	0.23%
SHC	C	0.06%	0.04%	0.04%
SIG	F	0.11%	0.12%	0.11%
SIGI	F	0.3%	0.16%	0.16%
SITE	F	0.19%	0.17%	0.17%
SKY	F	0.05%	0.11%	0.05%
SLAB	F	0.12%	0.11%	0.11%
SLM	D	0.15%	0.13%	0.13%
SM	D	0.05%	0.16%	0.05%
SMAR	B	0.12%	0.16%	0.12%
SMPL	D	0.06%	0.09%	0.06%
SNV	C	0.24%	0.15%	0.15%
SOFI	D	0.11%	0.17%	0.11%
SON	D	0.14%	0.16%	0.14%
SPR	B	0.06%	0.09%	0.06%
SPSC	C	0.19%	0.2%	0.19%
SR	C	0.14%	0.09%	0.09%
SRPT	B	0.29%	0.31%	0.29%
SSB	D	0.22%	0.15%	0.15%
SSD	C	0.11%	0.21%	0.11%
ST	D	0.1%	0.17%	0.1%
STAA	C	0.05%	0.06%	0.05%
STWD	D	0.11%	0.17%	0.11%
SUM	D	0.23%	0.13%	0.13%
SWN	D	0.24%	0.21%	0.21%
SWX	D	0.14%	0.11%	0.11%
SXT	C	0.08%	0.09%	0.08%
TDC	D	0.13%	0.09%	0.09%
TDOC	F	0.05%	0.05%	0.05%
TENB	D	0.11%	0.14%	0.11%
TEX	D	0.09%	0.1%	0.09%
TGNA	D	0.18%	0.07%	0.07%
THC	B	0.18%	0.4%	0.18%
THG	D	0.16%	0.13%	0.13%
THO	D	0.13%	0.14%	0.13%
THS	C	0.05%	0.05%	0.05%
TKR	D	0.06%	0.16%	0.06%
TMHC	D	0.15%	0.16%	0.15%
TNET	F	0.1%	0.09%	0.09%
TNL	C	0.15%	0.09%	0.09%
TOL	D	0.23%	0.38%	0.23%
TPR	C	0.24%	0.28%	0.24%
TPX	D	0.16%	0.24%	0.16%
TREX	F	0.12%	0.26%	0.12%
TRNO	B	0.11%	0.15%	0.11%
TTEK	B	0.18%	0.32%	0.18%
TXG	F	0.04%	0.06%	0.04%
TXRH	A	0.1%	0.33%	0.1%
UAA	C	0.05%	0.04%	0.04%
UBSI	D	0.14%	0.12%	0.12%
UGI	D	0.28%	0.14%	0.14%
UMBF	C	0.21%	0.1%	0.1%
UNM	C	0.21%	0.28%	0.21%
USFD	B	0.4%	0.38%	0.38%
VAC	F	0.08%	0.08%	0.08%
VAL	B	0.05%	0.12%	0.05%
VC	F	0.12%	0.08%	0.08%
VFC	C	0.17%	0.13%	0.13%
VLY	F	0.13%	0.09%	0.09%
VMI	B	0.12%	0.16%	0.12%
VNT	D	0.18%	0.17%	0.17%
VOYA	C	0.19%	0.22%	0.19%
VVV	B	0.19%	0.16%	0.16%
WAL	C	0.16%	0.18%	0.16%
WBS	D	0.23%	0.19%	0.19%
WCC	D	0.21%	0.21%	0.21%
WEN	F	0.1%	0.08%	0.08%
WEX	D	0.27%	0.21%	0.21%
WFRD	C	0.24%	0.24%	0.24%
WH	C	0.13%	0.17%	0.13%
WHR	D	0.2%	0.15%	0.15%
WING	A	0.26%	0.34%	0.26%
WK	D	0.18%	0.11%	0.11%
WMS	C	0.3%	0.35%	0.3%
WOLF	F	0.09%	0.1%	0.09%
WSC	F	0.22%	0.2%	0.2%
WTFC	C	0.06%	0.17%	0.06%
WTM	C	0.14%	0.13%	0.13%
WTS	D	0.21%	0.15%	0.15%
WU	D	0.09%	0.13%	0.09%
WWD	B	0.23%	0.3%	0.23%
X	D	0.16%	0.24%	0.16%
XPO	D	0.27%	0.35%	0.27%
XRAY	F	0.08%	0.15%	0.08%
YETI	C	0.15%	0.1%	0.1%
ZD	C	0.09%	0.07%	0.07%
ZI	F	0.12%	0.1%	0.1%
ZION	C	0.16%	0.18%	0.16%
ZWS	D	0.18%	0.13%	0.13%

ESML Overweight 482 Positions Relative to BBMC

Symbol	Grade	Weight
FTI	C	0.35%
FLEX	C	0.34%
EWBC	C	0.33%
FRT	C	0.31%
RGA	B	0.31%
MTN	D	0.24%
CVNA	A	0.24%
MWA	C	0.22%
SNDR	B	0.22%
FTDR	C	0.21%
MOG.A	C	0.21%
PRGS	C	0.2%
CDP	B	0.2%
VECO	B	0.2%
REZI	D	0.2%
CNX	D	0.2%
ANF	C	0.2%
HHH	F	0.19%
ITRI	D	0.19%
KLIC	C	0.19%
BWA	F	0.19%
SPXC	B	0.18%
PDCO	F	0.18%
ENLC	C	0.18%
TKO	B	0.17%
MYRG	F	0.17%
GKOS	A	0.17%
BHE	C	0.17%
KOS	D	0.17%
CVLT	A	0.17%
JAZZ	F	0.16%
NXT	C	0.16%
BCC	F	0.16%
CNO	C	0.16%
AFRM	F	0.15%
HESM	A	0.15%
IOSP	D	0.15%
INSM	B	0.15%
ETRN	D	0.15%
PLXS	D	0.15%
ASB	C	0.15%
FIBK	C	0.14%
MOD	C	0.14%
TPH	D	0.14%
HNI	C	0.14%
LCII	F	0.14%
KNTK	A	0.14%
ITGR	D	0.14%
MTX	B	0.14%
SHOO	B	0.13%
WERN	D	0.13%
DFIN	D	0.13%
GTLB	D	0.13%
HASI	C	0.13%
LEA	F	0.13%
KTB	C	0.13%
AVAV	C	0.13%
NPO	D	0.13%
APPF	B	0.13%
FULT	C	0.12%
EPAC	B	0.12%
FTAI	A	0.12%
WGO	F	0.12%
BANR	B	0.12%
SITC	B	0.12%
VKTX	D	0.12%
EVRI	C	0.12%
SCL	D	0.12%
HIW	C	0.12%
CPK	C	0.12%
ACIW	A	0.12%
GL	C	0.11%
KNF	C	0.11%
ECPG	F	0.11%
IDCC	B	0.11%
KAR	C	0.11%
PRIM	B	0.11%
EAT	B	0.11%
XENE	D	0.11%
ADT	B	0.11%
IBCP	C	0.11%
BHLB	C	0.11%
MARA	C	0.1%
CVBF	C	0.1%
MRCY	F	0.1%
XPRO	B	0.1%
CPF	B	0.1%
DY	B	0.1%
AMED	D	0.1%
WDFC	F	0.1%
SJW	F	0.1%
LRN	B	0.1%
FA	D	0.1%
AEO	F	0.1%
WHD	B	0.1%
SONO	F	0.09%
IDYA	F	0.09%
LNN	B	0.09%
LXP	B	0.09%
HR	B	0.09%
RXO	A	0.09%
KFY	B	0.09%
ABCB	C	0.09%
MGRC	F	0.09%
RDUS	F	0.09%
W	D	0.09%
CSGS	F	0.09%
BILL	F	0.09%
ERII	F	0.09%
EFSC	C	0.09%
AROC	C	0.09%
COLB	D	0.09%
TMDX	A	0.09%
CRS	B	0.09%
VRNT	C	0.09%
ABM	B	0.09%
STRL	B	0.09%
KOP	F	0.09%
TRN	B	0.09%
APAM	D	0.09%
BRC	B	0.09%
HCP	A	0.09%
AUB	D	0.09%
TNDM	D	0.08%
WOOF	C	0.08%
CCS	D	0.08%
CRNX	D	0.08%
FL	B	0.08%
DRS	B	0.08%
PJT	A	0.08%
XHR	D	0.08%
KE	F	0.08%
CAC	C	0.08%
PLYA	D	0.08%
UNIT	F	0.08%
KRYS	B	0.08%
FBP	B	0.08%
ALTM	F	0.08%
CTS	C	0.08%
GH	C	0.08%
EYE	F	0.08%
QTWO	C	0.08%
BHVN	D	0.08%
VITL	B	0.08%
ICFI	C	0.08%
AZZ	C	0.08%
CLNE	C	0.08%
IMAX	C	0.08%
CCCS	C	0.08%
AMAL	B	0.08%
HELE	F	0.08%
PRKS	C	0.08%
HIMS	C	0.08%
STC	D	0.08%
SPB	C	0.08%
ALG	F	0.08%
MOV	F	0.08%
TROX	D	0.08%
SLG	B	0.08%
RDNT	B	0.08%
HZO	C	0.07%
PIPR	A	0.07%
WD	B	0.07%
FTRE	F	0.07%
OII	C	0.07%
TALO	D	0.07%
MODN	B	0.07%
BOOT	B	0.07%
LCID	F	0.07%
PRCT	D	0.07%
ESRT	D	0.07%
GO	D	0.07%
GERN	C	0.07%
TWST	C	0.07%
PI	C	0.07%
MIR	B	0.07%
MTRN	F	0.07%
TNC	C	0.07%
PD	B	0.07%
AMWD	F	0.07%
ENR	C	0.07%
RNST	C	0.07%
KSS	D	0.07%
VREX	F	0.07%
AIR	B	0.07%
PK	C	0.07%
ANDE	D	0.07%
NRIX	B	0.07%
CLSK	C	0.07%
PDFS	B	0.07%
SBRA	A	0.07%
FROG	C	0.07%
NEP	D	0.07%
BOH	D	0.07%
CAVA	B	0.07%
KTOS	C	0.07%
SHAK	D	0.07%
PLMR	C	0.07%
MRUS	B	0.07%
VRRM	B	0.07%
MAC	C	0.07%
NWN	F	0.07%
LBRDA	D	0.07%
IRON	C	0.07%
CRDO	A	0.07%
RNA	B	0.07%
DEA	B	0.07%
RVMD	B	0.07%
LEVI	C	0.07%
SG	C	0.06%
PDM	B	0.06%
POWL	D	0.06%
WT	B	0.06%
SPT	D	0.06%
SNDX	C	0.06%
CRI	F	0.06%
VRTS	C	0.06%
SKT	C	0.06%
IVR	B	0.06%
BWIN	B	0.06%
MNKD	B	0.06%
WNC	D	0.06%
VERX	A	0.06%
DYN	B	0.06%
WKC	B	0.06%
MXL	B	0.06%
PETQ	B	0.06%
HWKN	B	0.06%
SGH	C	0.06%
ARKO	C	0.06%
TDS	B	0.06%
CAKE	B	0.06%
AVPT	A	0.06%
ACEL	D	0.06%
EPC	B	0.06%
IBOC	C	0.06%
HIBB	A	0.06%
ADUS	B	0.06%
NUVL	C	0.06%
RKT	C	0.06%
CNK	A	0.06%
AAT	B	0.06%
RCKT	F	0.06%
RKLB	B	0.06%
SQSP	A	0.06%
VNO	B	0.06%
CBZ	D	0.06%
RAMP	D	0.06%
MLNK	B	0.06%
NTGR	B	0.06%
TBBK	C	0.06%
JWN	B	0.06%
YELP	F	0.06%
HLIT	B	0.06%
CLDX	C	0.06%
ESE	C	0.06%
ACVA	C	0.06%
CMCO	F	0.06%
SASR	B	0.06%
MGNI	C	0.06%
INDB	D	0.06%
TMCI	F	0.06%
THRM	F	0.06%
OUT	C	0.06%
KREF	F	0.06%
ROIV	D	0.06%
PLUS	D	0.06%
PRTA	F	0.06%
VSEC	B	0.06%
AVDX	C	0.06%
CWK	C	0.06%
BANC	F	0.06%
RXST	C	0.06%
JBGS	B	0.06%
ZEUS	F	0.06%
UNFI	C	0.06%
GVA	B	0.06%
ROCK	F	0.06%
NABL	A	0.06%
VVX	C	0.06%
XRX	F	0.06%
CLB	B	0.06%
VSCO	D	0.05%
OMCL	F	0.05%
SIBN	F	0.05%
JAMF	D	0.05%
BRY	D	0.05%
ASAN	D	0.05%
ARVN	D	0.05%
FFBC	C	0.05%
QS	F	0.05%
OEC	F	0.05%
DOCN	D	0.05%
MNRO	F	0.05%
CMP	F	0.05%
LESL	F	0.05%
MTUS	D	0.05%
OFIX	D	0.05%
LGF.A	D	0.05%
DK	D	0.05%
UPST	F	0.05%
MYE	F	0.05%
ARQT	B	0.05%
ASTE	F	0.05%
JANX	D	0.05%
NUVB	C	0.05%
RNG	F	0.05%
VERA	D	0.05%
SAVA	F	0.05%
UPWK	D	0.05%
RIOT	F	0.05%
SVRA	F	0.05%
AXL	F	0.05%
FRSH	D	0.05%
MRC	C	0.05%
HAYW	F	0.05%
KYMR	D	0.05%
KVYO	C	0.05%
MTTR	C	0.05%
UEC	F	0.05%
VBTX	C	0.05%
HCC	D	0.05%
ZUO	C	0.05%
ETWO	D	0.05%
EMBC	C	0.05%
PRAA	F	0.05%
BRZE	D	0.05%
ARCT	F	0.05%
HLX	C	0.05%
SMP	F	0.05%
DAWN	D	0.05%
NEO	D	0.05%
VYX	F	0.05%
ATEN	C	0.05%
BEAM	C	0.05%
BKD	C	0.05%
DAN	F	0.05%
WRBY	B	0.05%
MHO	D	0.05%
HPP	F	0.05%
RBBN	C	0.05%
LIVN	C	0.05%
ATEC	D	0.05%
DIN	F	0.05%
RXRX	D	0.05%
MEG	B	0.05%
MLKN	C	0.05%
NBHC	B	0.05%
SLVM	B	0.05%
CPRX	D	0.05%
AUR	C	0.05%
ELVN	B	0.05%
CBU	C	0.05%
EWTX	C	0.05%
ASPN	C	0.05%
SATS	B	0.05%
BBIO	F	0.05%
NVAX	C	0.05%
MEI	F	0.05%
CRMT	F	0.05%
PRLB	D	0.05%
PSMT	C	0.05%
GOGO	D	0.05%
VNOM	C	0.05%
BGC	C	0.05%
KURA	C	0.05%
ETNB	F	0.05%
ZYME	F	0.05%
CUBI	C	0.05%
SBH	D	0.05%
RCUS	D	0.05%
PNTG	B	0.05%
NBTB	B	0.05%
HAIN	F	0.05%
PLOW	F	0.05%
PAR	B	0.05%
VSTS	D	0.05%
B	B	0.05%
CAL	D	0.05%
FLGT	F	0.05%
MORF	C	0.05%
VVI	D	0.05%
PAHC	B	0.05%
CLW	B	0.05%
REVG	C	0.05%
SFBS	C	0.05%
VCTR	C	0.05%
TILE	D	0.05%
CCRN	F	0.05%
PGRE	F	0.05%
AMC	D	0.05%
CDE	B	0.05%
AGYS	B	0.05%
VRDN	D	0.05%
SWTX	D	0.05%
EE	B	0.05%
MMI	D	0.05%
MLTX	D	0.05%
ALHC	B	0.05%
DNOW	C	0.05%
CALM	B	0.05%
ARCB	F	0.05%
LBTYK	C	0.05%
AIN	D	0.05%
BDN	D	0.05%
PRG	C	0.05%
INFN	C	0.05%
FORM	B	0.05%
AHH	C	0.05%
PLAY	F	0.05%
HBI	C	0.05%
CECO	A	0.05%
GBX	D	0.05%
UFPT	B	0.05%
MQ	D	0.05%
ICHR	C	0.05%
AORT	B	0.05%
ATGE	B	0.05%
EVBG	D	0.05%
MYGN	B	0.05%
EGY	C	0.05%
KELYA	D	0.05%
DLX	B	0.05%
CATC	C	0.05%
PRO	D	0.05%
EWCZ	F	0.05%
LBPH	B	0.05%
TGI	B	0.05%
KROS	F	0.05%
ATRC	D	0.05%
CRAI	B	0.05%
VRNS	C	0.05%
DCO	B	0.05%
INTA	C	0.05%
MBUU	D	0.05%
PHAT	C	0.05%
OMI	F	0.05%
PTGX	B	0.05%
PTCT	C	0.05%
XPEL	F	0.05%
DRQ	D	0.05%
AI	B	0.05%
ACLX	C	0.05%
CXM	D	0.04%
PFS	D	0.04%
AMBC	D	0.04%
SMTC	D	0.04%
SYM	D	0.04%
CHGG	F	0.04%
CGEM	D	0.04%
PLRX	F	0.04%
ESTA	D	0.04%
FNA	F	0.04%
APGE	D	0.04%
OSCR	D	0.04%
TARS	F	0.04%
ARDX	D	0.04%
HAFC	C	0.04%
CYRX	F	0.04%
KLG	F	0.04%
IESC	C	0.04%
MTW	F	0.04%
CERT	F	0.04%
XNCR	F	0.04%
COMP	C	0.04%
NVCR	C	0.04%
FSLY	F	0.04%
ALEC	D	0.04%
LUMN	F	0.04%
BKU	C	0.04%
QDEL	F	0.04%
JELD	F	0.04%
XPER	D	0.04%
CSTL	D	0.04%
DGII	D	0.04%
BASE	D	0.03%
HOUS	F	0.03%
GPRE	F	0.03%
SANA	F	0.03%
PBI	C	0.03%
GDOT	F	0.01%
MC	C	0.01%

ESML Underweight 159 Positions Relative to BBMC

Symbol	Grade	Weight
SMCI	B	-1.27%
VRT	D	-0.84%
DECK	B	-0.76%
MSTR	B	-0.63%
AXON	C	-0.62%
CSL	B	-0.59%
DKNG	F	-0.57%
PSTG	B	-0.55%
BLDR	F	-0.54%
WSM	C	-0.54%
EME	C	-0.52%
RS	D	-0.48%
JBL	F	-0.45%
UTHR	A	-0.41%
MANH	B	-0.41%
RPM	D	-0.4%
GGG	D	-0.39%
DKS	B	-0.38%
NDSN	D	-0.35%
ACM	C	-0.35%
OVV	D	-0.34%
TW	C	-0.33%
AMH	A	-0.33%
HOOD	B	-0.32%
PFGC	D	-0.31%
APP	B	-0.31%
ALLY	B	-0.31%
GLPI	B	-0.31%
AOS	D	-0.3%
CTLT	B	-0.29%
LAMR	A	-0.29%
CHRD	C	-0.29%
TTC	C	-0.28%
SKX	B	-0.28%
BBWI	F	-0.27%
WTRG	C	-0.27%
AIZ	D	-0.26%
CHK	D	-0.26%
ERIE	C	-0.26%
CELH	F	-0.25%
TOST	B	-0.25%
LSCC	F	-0.24%
DVA	B	-0.23%
DINO	D	-0.23%
GNTX	D	-0.23%
EXP	D	-0.23%
RBC	B	-0.22%
CLF	D	-0.22%
KNX	C	-0.21%
UFPI	D	-0.21%
EXEL	B	-0.2%
KEX	B	-0.2%
HLI	C	-0.2%
SNX	C	-0.2%
AAL	F	-0.2%
SEIC	D	-0.2%
OGE	C	-0.2%
ROKU	D	-0.19%
MIDD	F	-0.19%
STAG	C	-0.19%
RGEN	D	-0.18%
OLN	F	-0.18%
UHAL	D	-0.18%
MLI	C	-0.18%
OWL	C	-0.18%
CFLT	C	-0.17%
IONS	B	-0.17%
SAIC	D	-0.17%
H	B	-0.17%
PB	C	-0.16%
CWST	B	-0.16%
ESAB	D	-0.15%
PARA	D	-0.15%
SRCL	B	-0.15%
MMS	B	-0.15%
EEFT	D	-0.14%
KRG	B	-0.14%
G	D	-0.14%
PATH	F	-0.14%
POR	C	-0.13%
ACLS	B	-0.13%
HOMB	C	-0.13%
IDA	D	-0.13%
NEU	F	-0.12%
PII	F	-0.12%
MGY	C	-0.12%
IRT	A	-0.12%
WMG	D	-0.12%
ENS	B	-0.12%
AMKR	B	-0.12%
OTTR	C	-0.11%
SLGN	D	-0.11%
ALE	B	-0.11%
MSM	F	-0.11%
LANC	C	-0.11%
SANM	B	-0.11%
HUN	F	-0.11%
ASO	F	-0.11%
COTY	D	-0.1%
APLE	D	-0.1%
DIOD	F	-0.1%
IAC	F	-0.1%
ESGR	B	-0.1%
BKH	C	-0.1%
SYNA	F	-0.1%
MSGS	C	-0.09%
CACC	D	-0.09%
PNM	D	-0.09%
NSP	F	-0.09%
PBH	C	-0.09%
HP	D	-0.09%
NSA	B	-0.09%
SMG	C	-0.08%
FOLD	F	-0.08%
IPGP	F	-0.08%
ALIT	F	-0.08%
FHI	C	-0.08%
CHWY	B	-0.08%
PENN	C	-0.08%
SAM	C	-0.08%
NWE	C	-0.08%
IRTC	B	-0.08%
PAG	D	-0.08%
DNB	D	-0.07%
ADNT	F	-0.07%
KWR	D	-0.07%
EVH	F	-0.07%
BTU	F	-0.07%
JJSF	B	-0.07%
BHF	D	-0.07%
DDS	C	-0.06%
GOLF	B	-0.06%
IPAR	D	-0.06%
ALGM	D	-0.06%
BOKF	C	-0.06%
PWSC	B	-0.05%
ADTN	F	-0.05%
WOR	F	-0.05%
MP	F	-0.05%
SGRY	F	-0.05%
ACAD	D	-0.05%
CNS	B	-0.05%
OI	F	-0.05%
FIZZ	A	-0.04%
REYN	C	-0.04%
FRHC	C	-0.04%
PPC	A	-0.04%
ACT	C	-0.03%
CRK	C	-0.03%
LTH	B	-0.03%
UA	C	-0.03%
SHLS	F	-0.03%
TFSL	C	-0.02%
SEB	D	-0.02%
HTZ	F	-0.01%
PLTK	F	-0.01%
UHAL	D	-0.01%
INST	C	-0.01%
LFST	F	-0.01%