ESML vs. BBSC ETF Comparison

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

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

$41.76

Average Daily Volume

115,886

Number of Holdings ^*

903

* may have additional holdings in another (foreign) market

BBSC

JPMorgan BetaBuilders U.S. Small Cap Equity ETF

BBSC Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar ®US Small Cap Target Market Exposure Extended IndexSM. The fund will invest at least 80% of its assets in securities included in the index and at least 80% of its assets in the securities of small-capitalization companies. The index consists of equity securities primarily traded in the United States and targets those securities that fall between the 95th and 99th percentiles in market capitalization of the free float adjusted investable universe.

Grade (RS Rating)

Last Trade

$67.40

Average Daily Volume

19,760

Number of Holdings ^*

723

* may have additional holdings in another (foreign) market

Performance

Period	ESML	BBSC
30 Days	2.83%	3.34%
60 Days	2.26%	1.72%
90 Days	9.29%	12.06%
12 Months	25.12%	27.16%

356 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in BBSC	Overlap
AAT	B	1.0%	0.09%	0.09%
ABCB	B	1.0%	0.27%	0.27%
ABM	D	1.0%	0.22%	0.22%
ACIW	A	1.0%	0.35%	0.35%
ACLX	B	1.0%	0.2%	0.2%
ACVA	B	1.0%	0.2%	0.2%
ADUS	C	1.0%	0.16%	0.16%
AEO	D	1.0%	0.24%	0.24%
AGIO	D	1.0%	0.18%	0.18%
AGL	F	1.0%	0.07%	0.07%
AGYS	D	1.0%	0.16%	0.16%
AI	F	1.0%	0.18%	0.18%
AIR	C	1.0%	0.16%	0.16%
ALG	D	1.0%	0.12%	0.12%
ALHC	C	1.0%	0.08%	0.08%
ALKT	D	1.0%	0.09%	0.09%
ALRM	F	1.0%	0.19%	0.19%
AMAL	C	1.0%	0.03%	0.03%
AMC	F	1.0%	0.09%	0.09%
AMED	C	1.0%	0.22%	0.22%
AMN	F	1.0%	0.11%	0.11%
AMWD	D	1.0%	0.09%	0.09%
ANDE	D	1.0%	0.11%	0.11%
APAM	C	1.0%	0.2%	0.2%
APPF	D	1.0%	0.34%	0.34%
ARCB	F	1.0%	0.16%	0.16%
AROC	D	1.0%	0.2%	0.2%
ARVN	F	1.0%	0.08%	0.08%
ASAN	F	1.0%	0.07%	0.07%
ASB	D	1.0%	0.21%	0.21%
ASTE	F	1.0%	0.05%	0.05%
ATEN	C	1.0%	0.06%	0.06%
ATGE	C	1.0%	0.19%	0.19%
ATRC	C	1.0%	0.09%	0.09%
AUB	D	1.0%	0.23%	0.23%
AUR	C	1.0%	0.3%	0.3%
AVAV	C	1.0%	0.36%	0.36%
AXL	F	1.0%	0.04%	0.04%
AZZ	D	1.0%	0.15%	0.15%
BANC	B	1.0%	0.14%	0.14%
BANR	A	1.0%	0.13%	0.13%
BBIO	D	1.0%	0.23%	0.23%
BCC	C	1.0%	0.35%	0.35%
BDN	C	1.0%	0.06%	0.06%
BEAM	F	1.0%	0.12%	0.12%
BGC	B	1.0%	0.24%	0.24%
BHE	C	1.0%	0.1%	0.1%
BHLB	C	1.0%	0.08%	0.08%
BKD	D	1.0%	0.08%	0.08%
BKU	D	1.0%	0.18%	0.18%
BNL	B	1.0%	0.22%	0.22%
BOH	D	1.0%	0.17%	0.17%
BOOT	A	1.0%	0.32%	0.32%
BRC	B	1.0%	0.22%	0.22%
BROS	D	1.0%	0.19%	0.19%
BRZE	F	1.0%	0.13%	0.13%
CABO	F	1.0%	0.1%	0.1%
CAKE	C	1.0%	0.12%	0.12%
CAL	F	1.0%	0.07%	0.07%
CALM	A	1.0%	0.2%	0.2%
CALX	D	1.0%	0.15%	0.15%
CBU	D	1.0%	0.21%	0.21%
CBZ	D	1.0%	0.22%	0.22%
CCS	C	1.0%	0.2%	0.2%
CDE	C	1.0%	0.19%	0.19%
CHWY	C	1.0%	0.29%	0.29%
CLB	D	1.0%	0.05%	0.05%
CLDX	C	1.0%	0.17%	0.17%
CLSK	F	1.0%	0.14%	0.14%
CNK	C	1.0%	0.22%	0.22%
CNMD	D	1.0%	0.16%	0.16%
CNO	A	1.0%	0.24%	0.24%
CNX	A	1.0%	0.29%	0.29%
COMP	C	1.0%	0.15%	0.15%
COUR	D	1.0%	0.06%	0.06%
CPK	B	1.0%	0.18%	0.18%
CPRX	B	1.0%	0.14%	0.14%
CRDO	D	1.0%	0.26%	0.26%
CRI	D	1.0%	0.18%	0.18%
CRNX	C	1.0%	0.23%	0.23%
CRS	A	1.0%	0.48%	0.48%
CSGS	C	1.0%	0.09%	0.09%
CTS	D	1.0%	0.1%	0.1%
CUBI	F	1.0%	0.1%	0.1%
CVBF	D	1.0%	0.16%	0.16%
CVLT	B	1.0%	0.45%	0.45%
CWAN	B	1.0%	0.24%	0.24%
CWK	C	1.0%	0.19%	0.19%
CXM	F	1.0%	0.06%	0.06%
DEA	B	1.0%	0.09%	0.09%
DEI	B	1.0%	0.18%	0.18%
DFIN	C	1.0%	0.12%	0.12%
DGII	D	1.0%	0.06%	0.06%
DK	F	1.0%	0.08%	0.08%
DLX	F	1.0%	0.05%	0.05%
DNLI	C	1.0%	0.24%	0.24%
DNOW	D	1.0%	0.09%	0.09%
DOCN	B	1.0%	0.15%	0.15%
DY	B	1.0%	0.38%	0.38%
DYN	D	1.0%	0.15%	0.15%
EAT	B	1.0%	0.21%	0.21%
ECPG	D	1.0%	0.07%	0.07%
EFSC	C	1.0%	0.13%	0.13%
ENR	D	1.0%	0.13%	0.13%
EPAC	B	1.0%	0.15%	0.15%
EPC	F	1.0%	0.13%	0.13%
ERII	C	1.0%	0.06%	0.06%
ESE	B	1.0%	0.21%	0.21%
ESRT	B	1.0%	0.1%	0.1%
ESTA	F	1.0%	0.07%	0.07%
ETWO	C	1.0%	0.05%	0.05%
EVRI	C	1.0%	0.07%	0.07%
EWTX	C	1.0%	0.07%	0.07%
EYE	F	1.0%	0.06%	0.06%
FA	B	1.0%	0.07%	0.07%
FBP	C	1.0%	0.23%	0.23%
FFBC	D	1.0%	0.16%	0.16%
FIBK	B	1.0%	0.19%	0.19%
FL	D	1.0%	0.15%	0.15%
FNA	F	1.0%	0.02%	0.02%
FORM	F	1.0%	0.23%	0.23%
FOXF	D	1.0%	0.11%	0.11%
FROG	F	1.0%	0.15%	0.15%
FRSH	F	1.0%	0.14%	0.14%
FTDR	B	1.0%	0.26%	0.26%
FTRE	D	1.0%	0.12%	0.12%
FULT	D	1.0%	0.22%	0.22%
GBX	C	1.0%	0.1%	0.1%
GERN	D	1.0%	0.15%	0.15%
GH	D	1.0%	0.21%	0.21%
GKOS	C	1.0%	0.44%	0.44%
GO	F	1.0%	0.11%	0.11%
GOGO	F	1.0%	0.04%	0.04%
GPRE	F	1.0%	0.05%	0.05%
GRBK	B	1.0%	0.17%	0.17%
GVA	B	1.0%	0.23%	0.23%
HASI	C	1.0%	0.27%	0.27%
HAYW	C	1.0%	0.13%	0.13%
HBI	B	1.0%	0.16%	0.16%
HCC	F	1.0%	0.19%	0.19%
HCP	A	1.0%	0.31%	0.31%
HELE	D	1.0%	0.09%	0.09%
HIMS	D	1.0%	0.17%	0.17%
HIW	B	1.0%	0.24%	0.24%
HLIT	C	1.0%	0.1%	0.1%
HLX	D	1.0%	0.1%	0.1%
HNI	C	1.0%	0.17%	0.17%
HPP	D	1.0%	0.04%	0.04%
HURN	C	1.0%	0.13%	0.13%
HWKN	C	1.0%	0.16%	0.16%
IART	F	1.0%	0.08%	0.08%
IBOC	D	1.0%	0.22%	0.22%
ICFI	B	1.0%	0.22%	0.22%
ICHR	F	1.0%	0.06%	0.06%
ICUI	B	1.0%	0.26%	0.26%
IDCC	B	1.0%	0.23%	0.23%
IDYA	F	1.0%	0.18%	0.18%
IESC	C	1.0%	0.1%	0.1%
IMAX	C	1.0%	0.06%	0.06%
INDB	C	1.0%	0.17%	0.17%
INFN	B	1.0%	0.09%	0.09%
INSM	D	1.0%	0.83%	0.83%
INTA	B	1.0%	0.13%	0.13%
IOSP	D	1.0%	0.18%	0.18%
IRON	D	1.0%	0.04%	0.04%
ITGR	B	1.0%	0.29%	0.29%
ITRI	C	1.0%	0.31%	0.31%
JAMF	D	1.0%	0.07%	0.07%
JBGS	C	1.0%	0.1%	0.1%
JELD	D	1.0%	0.08%	0.08%
JWN	B	1.0%	0.17%	0.17%
KAR	D	1.0%	0.12%	0.12%
KELYA	D	1.0%	0.05%	0.05%
KFY	B	1.0%	0.24%	0.24%
KLG	C	1.0%	0.08%	0.08%
KLIC	F	1.0%	0.14%	0.14%
KNF	B	1.0%	0.29%	0.29%
KNTK	B	1.0%	0.06%	0.06%
KOS	F	1.0%	0.13%	0.13%
KROS	C	1.0%	0.11%	0.11%
KRYS	D	1.0%	0.34%	0.34%
KSS	F	1.0%	0.15%	0.15%
KTB	A	1.0%	0.28%	0.28%
KTOS	C	1.0%	0.22%	0.22%
KURA	C	1.0%	0.07%	0.07%
KYMR	C	1.0%	0.13%	0.13%
LCII	C	1.0%	0.2%	0.2%
LEG	D	1.0%	0.11%	0.11%
LESL	F	1.0%	0.04%	0.04%
LEVI	C	1.0%	0.13%	0.13%
LGF.A	F	1.0%	0.02%	0.02%
LGF.A	F	1.0%	0.06%	0.06%
LIVN	D	1.0%	0.18%	0.18%
LNN	D	1.0%	0.09%	0.09%
LRN	A	1.0%	0.24%	0.24%
LUMN	C	1.0%	0.41%	0.41%
LXP	C	1.0%	0.2%	0.2%
MAC	A	1.0%	0.24%	0.24%
MARA	F	1.0%	0.29%	0.29%
MBUU	D	1.0%	0.05%	0.05%
MC	B	1.0%	0.31%	0.31%
MEG	F	1.0%	0.06%	0.06%
MGNI	D	1.0%	0.12%	0.12%
MGRC	F	1.0%	0.18%	0.18%
MHO	B	1.0%	0.31%	0.31%
MIR	D	1.0%	0.14%	0.14%
MLKN	F	1.0%	0.13%	0.13%
MLNK	C	1.0%	0.04%	0.04%
MMI	C	1.0%	0.06%	0.06%
MNRO	D	1.0%	0.05%	0.05%
MOD	B	1.0%	0.38%	0.38%
MOG.A	B	1.0%	0.38%	0.38%
MQ	F	1.0%	0.14%	0.14%
MRCY	D	1.0%	0.14%	0.14%
MTRN	F	1.0%	0.15%	0.15%
MTX	D	1.0%	0.16%	0.16%
MWA	B	1.0%	0.22%	0.22%
MXL	F	1.0%	0.08%	0.08%
MYGN	D	1.0%	0.16%	0.16%
MYRG	F	1.0%	0.11%	0.11%
NABL	D	1.0%	0.06%	0.06%
NARI	F	1.0%	0.16%	0.16%
NBHC	D	1.0%	0.11%	0.11%
NBTB	D	1.0%	0.14%	0.14%
NCNO	D	1.0%	0.15%	0.15%
NEO	C	1.0%	0.14%	0.14%
NMIH	C	1.0%	0.21%	0.21%
NPO	D	1.0%	0.22%	0.22%
NTLA	F	1.0%	0.14%	0.14%
NUVL	C	1.0%	0.17%	0.17%
NVCR	D	1.0%	0.12%	0.12%
NWN	C	1.0%	0.1%	0.1%
OII	D	1.0%	0.16%	0.16%
OMCL	C	1.0%	0.14%	0.14%
OMI	D	1.0%	0.07%	0.07%
OSCR	C	1.0%	0.24%	0.24%
OUT	B	1.0%	0.16%	0.16%
PAR	C	1.0%	0.13%	0.13%
PBI	C	1.0%	0.07%	0.07%
PDCO	F	1.0%	0.12%	0.12%
PDFS	F	1.0%	0.06%	0.06%
PDFS	F	1.0%	0.11%	0.11%
PDM	C	1.0%	0.08%	0.08%
PEB	D	1.0%	0.11%	0.11%
PFS	C	1.0%	0.15%	0.15%
PGRE	C	1.0%	0.06%	0.06%
PI	B	1.0%	0.29%	0.29%
PIPR	A	1.0%	0.26%	0.26%
PJT	B	1.0%	0.19%	0.19%
PK	D	1.0%	0.2%	0.2%
PLAY	F	1.0%	0.07%	0.07%
PLMR	C	1.0%	0.15%	0.15%
PLRX	F	1.0%	0.04%	0.04%
PLUG	F	1.0%	0.09%	0.09%
PLUS	B	1.0%	0.16%	0.16%
PLXS	B	1.0%	0.24%	0.24%
POWL	B	1.0%	0.11%	0.11%
PPBI	D	1.0%	0.16%	0.16%
PRCT	B	1.0%	0.26%	0.26%
PRG	A	1.0%	0.14%	0.14%
PRGS	C	1.0%	0.17%	0.17%
PRIM	B	1.0%	0.2%	0.2%
PRO	F	1.0%	0.05%	0.05%
PRTA	F	1.0%	0.05%	0.05%
PRVA	F	1.0%	0.14%	0.14%
PSMT	B	1.0%	0.15%	0.15%
PTCT	C	1.0%	0.17%	0.17%
PTGX	B	1.0%	0.18%	0.18%
QS	F	1.0%	0.14%	0.14%
QTWO	B	1.0%	0.29%	0.29%
RAMP	F	1.0%	0.12%	0.12%
RCKT	F	1.0%	0.09%	0.09%
RCUS	D	1.0%	0.06%	0.06%
RDNT	B	1.0%	0.31%	0.31%
REZI	D	1.0%	0.19%	0.19%
RKLB	B	1.0%	0.13%	0.13%
RKT	C	1.0%	0.17%	0.17%
RNG	D	1.0%	0.15%	0.15%
RNST	D	1.0%	0.14%	0.14%
ROCK	D	1.0%	0.14%	0.14%
ROG	F	1.0%	0.12%	0.12%
RUN	C	1.0%	0.29%	0.29%
RXO	D	1.0%	0.21%	0.21%
RXRX	F	1.0%	0.09%	0.09%
RXST	C	1.0%	0.12%	0.12%
SASR	C	1.0%	0.1%	0.1%
SAVA	C	1.0%	0.08%	0.08%
SBH	B	1.0%	0.09%	0.09%
SBRA	C	1.0%	0.27%	0.27%
SCL	D	1.0%	0.11%	0.11%
SFBS	B	1.0%	0.29%	0.29%
SHAK	C	1.0%	0.27%	0.27%
SHOO	B	1.0%	0.22%	0.22%
SJW	D	1.0%	0.12%	0.12%
SKT	A	1.0%	0.24%	0.24%
SLG	B	1.0%	0.31%	0.31%
SLVM	A	1.0%	0.18%	0.18%
SMP	C	1.0%	0.05%	0.05%
SMTC	B	1.0%	0.18%	0.18%
SNDR	C	1.0%	0.1%	0.1%
SNDX	F	1.0%	0.11%	0.11%
SONO	D	1.0%	0.09%	0.09%
SPB	B	1.0%	0.18%	0.18%
SPT	F	1.0%	0.09%	0.09%
SQSP	A	1.0%	0.2%	0.2%
STAA	F	1.0%	0.08%	0.08%
STC	B	1.0%	0.14%	0.14%
STRL	B	1.0%	0.27%	0.27%
SWTX	F	1.0%	0.14%	0.14%
TALO	D	1.0%	0.09%	0.09%
TBBK	B	1.0%	0.17%	0.17%
TDOC	D	1.0%	0.09%	0.09%
TDS	C	1.0%	0.16%	0.16%
TGNA	C	1.0%	0.16%	0.16%
TGTX	C	1.0%	0.23%	0.23%
THRM	D	1.0%	0.1%	0.1%
THS	C	1.0%	0.14%	0.14%
TMDX	C	1.0%	0.34%	0.34%
TNC	F	1.0%	0.12%	0.12%
TNDM	C	1.0%	0.2%	0.2%
TPH	C	1.0%	0.28%	0.28%
TRN	C	1.0%	0.17%	0.17%
TROX	F	1.0%	0.1%	0.1%
TWST	D	1.0%	0.17%	0.17%
UEC	D	1.0%	0.14%	0.14%
UFPT	A	1.0%	0.15%	0.15%
UNIT	C	1.0%	0.09%	0.09%
UPST	C	1.0%	0.19%	0.19%
VBTX	B	1.0%	0.09%	0.09%
VCTR	B	1.0%	0.15%	0.15%
VECO	F	1.0%	0.12%	0.12%
VERA	C	1.0%	0.09%	0.09%
VERX	C	1.0%	0.12%	0.12%
VNO	B	1.0%	0.43%	0.43%
VRDN	C	1.0%	0.07%	0.07%
VRNS	C	1.0%	0.41%	0.41%
VRNT	F	1.0%	0.11%	0.11%
VRRM	D	1.0%	0.31%	0.31%
VRTS	D	1.0%	0.09%	0.09%
VSAT	F	1.0%	0.08%	0.08%
VSCO	C	1.0%	0.11%	0.11%
VSTS	D	1.0%	0.13%	0.13%
W	D	1.0%	0.3%	0.3%
WD	B	1.0%	0.24%	0.24%
WDFC	C	1.0%	0.24%	0.24%
WERN	D	1.0%	0.16%	0.16%
WGO	D	1.0%	0.11%	0.11%
WHD	C	1.0%	0.25%	0.25%
WNC	F	1.0%	0.06%	0.06%
WRBY	D	1.0%	0.06%	0.06%
XHR	B	1.0%	0.1%	0.1%
XPEL	D	1.0%	0.06%	0.06%
XRX	F	1.0%	0.08%	0.08%
YELP	F	1.0%	0.16%	0.16%
ZD	D	1.0%	0.15%	0.15%
ZUO	F	1.0%	0.08%	0.08%

ESML Overweight 549 Positions Relative to BBSC

Symbol	Grade	Weight
GDOT	C	1.0%
WOLF	F	1.0%
SEDG	F	1.0%
ASPN	C	1.0%
CAR	F	1.0%
CMP	D	1.0%
UAA	C	1.0%
BASE	F	1.0%
TMCI	F	1.0%
CRMT	F	1.0%
EGY	D	1.0%
BRY	F	1.0%
MTUS	F	1.0%
BE	F	1.0%
PENN	C	1.0%
CDNA	C	1.0%
SGH	F	1.0%
RBBN	D	1.0%
RUSHA	C	1.0%
PTEN	F	1.0%
MDGL	F	1.0%
CLW	F	1.0%
MMS	C	1.0%
LBRDK	F	1.0%
ARLO	D	1.0%
ZEUS	F	1.0%
ARCT	F	1.0%
EE	B	1.0%
PAYO	B	1.0%
MLTX	C	1.0%
VYX	D	1.0%
ARKO	C	1.0%
IMVT	F	1.0%
KVYO	C	1.0%
HL	B	1.0%
AMBC	F	1.0%
MEI	D	1.0%
MRC	D	1.0%
ETNB	F	1.0%
LOPE	D	1.0%
TGI	F	1.0%
OWL	C	1.0%
TXG	D	1.0%
REVG	D	1.0%
PRAA	F	1.0%
SLNO	C	1.0%
AVDX	F	1.0%
ANAB	C	1.0%
NVAX	D	1.0%
NYCB	D	1.0%
ASH	D	1.0%
MASI	D	1.0%
HZO	C	1.0%
HOUS	C	1.0%
SVRA	D	1.0%
VVI	D	1.0%
WT	D	1.0%
ALTM	F	1.0%
FLO	C	1.0%
KMPR	D	1.0%
CHH	C	1.0%
FLGT	F	1.0%
CCRN	F	1.0%
CC	F	1.0%
APLS	F	1.0%
MTTR	C	1.0%
INFA	D	1.0%
CRAI	D	1.0%
CGEM	D	1.0%
CMCO	F	1.0%
JANX	C	1.0%
ACEL	C	1.0%
SKY	B	1.0%
APGE	C	1.0%
EDR	A	1.0%
SMPL	D	1.0%
NUVB	D	1.0%
EXP	B	1.0%
CWT	C	1.0%
LBPH	D	1.0%
CECO	D	1.0%
NEOG	D	1.0%
GEF	D	1.0%
RH	B	1.0%
PETQ	A	1.0%
IVR	C	1.0%
ELVN	D	1.0%
GEF	D	1.0%
RUSHB	C	1.0%
AORT	D	1.0%
RYN	C	1.0%
FLYW	F	1.0%
EWCZ	F	1.0%
AHH	B	1.0%
FOUR	C	1.0%
AGO	C	1.0%
QDEL	D	1.0%
VREX	F	1.0%
AWR	B	1.0%
CART	B	1.0%
COOP	C	1.0%
BYD	C	1.0%
PYCR	D	1.0%
COGT	C	1.0%
FIVN	F	1.0%
PD	F	1.0%
CSTL	C	1.0%
SG	C	1.0%
HAFC	C	1.0%
NOVA	C	1.0%
UNFI	C	1.0%
SHC	C	1.0%
PLOW	C	1.0%
ALEC	D	1.0%
CWEN	B	1.0%
SIBN	D	1.0%
ZYME	B	1.0%
NRIX	C	1.0%
HI	F	1.0%
NVST	D	1.0%
CNXC	F	1.0%
AAP	F	1.0%
ADMA	B	1.0%
IONS	D	1.0%
POWI	F	1.0%
DCO	B	1.0%
MNKD	C	1.0%
EMBC	C	1.0%
SM	D	1.0%
PAHC	B	1.0%
FUN	F	1.0%
ARWR	F	1.0%
APG	D	1.0%
AXSM	B	1.0%
TILE	B	1.0%
VNOM	C	1.0%
HGV	F	1.0%
MODG	F	1.0%
KE	F	1.0%
CLH	A	1.0%
MOV	F	1.0%
SATS	C	1.0%
WKC	B	1.0%
TARS	C	1.0%
NTGR	C	1.0%
CLNE	C	1.0%
GT	F	1.0%
NEP	C	1.0%
GTES	C	1.0%
VSEC	D	1.0%
MPW	C	1.0%
VITL	D	1.0%
AVPT	B	1.0%
SPR	D	1.0%
VVX	C	1.0%
CIVI	F	1.0%
FFIN	B	1.0%
HAIN	D	1.0%
PNTG	B	1.0%
EPR	B	1.0%
PBF	F	1.0%
RCM	C	1.0%
EXPO	B	1.0%
UPBD	F	1.0%
ARQT	C	1.0%
DOCS	A	1.0%
CLF	F	1.0%
WTFC	C	1.0%
COKE	C	1.0%
VAC	F	1.0%
JBT	D	1.0%
CPRI	D	1.0%
BL	D	1.0%
TREX	D	1.0%
LITE	B	1.0%
AVNT	B	1.0%
SEM	D	1.0%
PLYA	D	1.0%
PGNY	F	1.0%
ENV	C	1.0%
COLM	C	1.0%
MRUS	D	1.0%
SEE	D	1.0%
ROIV	C	1.0%
PHAT	C	1.0%
PECO	B	1.0%
CCCS	D	1.0%
KREF	B	1.0%
DRS	C	1.0%
XRAY	D	1.0%
BC	C	1.0%
MTSI	D	1.0%
CWEN	B	1.0%
LYFT	D	1.0%
XPRO	F	1.0%
BPMC	F	1.0%
PRKS	D	1.0%
PRGO	F	1.0%
AN	D	1.0%
RNA	D	1.0%
SXT	C	1.0%
MAN	C	1.0%
CLVT	D	1.0%
RVMD	C	1.0%
COLD	D	1.0%
SNX	D	1.0%
KOP	F	1.0%
RL	B	1.0%
CFR	C	1.0%
LBRDA	F	1.0%
BHVN	D	1.0%
MHK	C	1.0%
AZTA	F	1.0%
CRSP	F	1.0%
NWL	D	1.0%
TEX	F	1.0%
WU	F	1.0%
BRBR	C	1.0%
HWC	D	1.0%
BXMT	C	1.0%
PEGA	C	1.0%
ENOV	F	1.0%
U	D	1.0%
RARE	B	1.0%
TNET	F	1.0%
LNC	D	1.0%
WEN	D	1.0%
BPOP	C	1.0%
ESNT	B	1.0%
CRVL	B	1.0%
CAC	C	1.0%
SIG	C	1.0%
JEF	B	1.0%
ZI	D	1.0%
ST	D	1.0%
NXT	F	1.0%
BWIN	C	1.0%
ATKR	F	1.0%
TXRH	C	1.0%
CRC	C	1.0%
RDN	C	1.0%
KD	D	1.0%
HR	C	1.0%
GTLS	F	1.0%
LCID	D	1.0%
NXST	D	1.0%
AL	D	1.0%
RDUS	D	1.0%
BILL	D	1.0%
DV	F	1.0%
OLED	C	1.0%
TDC	F	1.0%
FLR	D	1.0%
SLAB	D	1.0%
EVR	A	1.0%
POST	C	1.0%
GMED	D	1.0%
TENB	F	1.0%
AIT	B	1.0%
ALKS	C	1.0%
ARW	C	1.0%
IBP	D	1.0%
SSD	C	1.0%
KRC	B	1.0%
FR	C	1.0%
CCOI	C	1.0%
ORA	C	1.0%
CGNX	F	1.0%
VC	F	1.0%
S	C	1.0%
INSP	C	1.0%
CFLT	F	1.0%
FIVE	D	1.0%
PSN	A	1.0%
STWD	B	1.0%
HAE	D	1.0%
ABG	D	1.0%
PATH	D	1.0%
COLB	B	1.0%
DXC	C	1.0%
XENE	D	1.0%
ETSY	F	1.0%
RMBS	F	1.0%
VMI	D	1.0%
FUL	D	1.0%
IRDM	D	1.0%
SITC	D	1.0%
BECN	D	1.0%
GAP	F	1.0%
YETI	D	1.0%
CAVA	A	1.0%
THO	D	1.0%
SOFI	C	1.0%
VKTX	C	1.0%
ACA	B	1.0%
PFSI	C	1.0%
OGN	D	1.0%
ADC	C	1.0%
OZK	D	1.0%
JXN	B	1.0%
LEA	F	1.0%
GL	C	1.0%
WH	B	1.0%
M	F	1.0%
ADT	D	1.0%
TRNO	C	1.0%
CADE	C	1.0%
ALTR	C	1.0%
OLLI	C	1.0%
X	D	1.0%
AZEK	C	1.0%
BLKB	C	1.0%
PINC	D	1.0%
VLY	C	1.0%
CPF	C	1.0%
ELF	F	1.0%
CBT	B	1.0%
WTM	D	1.0%
SWX	C	1.0%
ESI	D	1.0%
SON	D	1.0%
ORI	B	1.0%
TNL	D	1.0%
DUOL	A	1.0%
AGNC	B	1.0%
HALO	C	1.0%
HQY	C	1.0%
VNT	F	1.0%
BCPC	C	1.0%
RYAN	C	1.0%
FLS	D	1.0%
MAT	C	1.0%
TPX	C	1.0%
BOX	C	1.0%
IBCP	B	1.0%
PCOR	F	1.0%
AGCO	D	1.0%
SMAR	C	1.0%
LNTH	D	1.0%
LSCC	D	1.0%
HESM	D	1.0%
SF	A	1.0%
CYTK	F	1.0%
ITCI	D	1.0%
RRX	C	1.0%
OPCH	C	1.0%
MTZ	B	1.0%
MKSI	F	1.0%
AA	D	1.0%
CZR	C	1.0%
DBX	D	1.0%
FYBR	C	1.0%
GXO	D	1.0%
ANF	D	1.0%
CHDN	D	1.0%
MUR	F	1.0%
LFUS	C	1.0%
FSS	D	1.0%
SLM	D	1.0%
CHE	C	1.0%
ESTC	F	1.0%
JAZZ	D	1.0%
HXL	F	1.0%
FN	D	1.0%
AEIS	D	1.0%
LAZ	A	1.0%
SR	C	1.0%
MMSI	B	1.0%
CIEN	C	1.0%
AM	B	1.0%
ASGN	D	1.0%
MEDP	D	1.0%
GTLB	D	1.0%
LPX	B	1.0%
VOYA	B	1.0%
BRKR	D	1.0%
DLB	D	1.0%
PVH	F	1.0%
PEN	D	1.0%
UBSI	C	1.0%
NOV	D	1.0%
BRX	B	1.0%
GATX	D	1.0%
SITE	D	1.0%
HRI	C	1.0%
ATI	C	1.0%
CHX	D	1.0%
LAD	C	1.0%
SPXC	B	1.0%
TKO	B	1.0%
TMHC	B	1.0%
VVV	D	1.0%
WK	D	1.0%
PCTY	C	1.0%
ZION	D	1.0%
PR	D	1.0%
FAF	C	1.0%
DAR	F	1.0%
FMC	C	1.0%
VFC	C	1.0%
ONB	C	1.0%
RGEN	F	1.0%
AFRM	C	1.0%
OMF	D	1.0%
BWA	D	1.0%
CR	C	1.0%
WFRD	F	1.0%
MORN	B	1.0%
GPI	B	1.0%
THG	C	1.0%
NCLH	C	1.0%
AMG	C	1.0%
NSIT	C	1.0%
BDC	A	1.0%
LECO	F	1.0%
NVT	D	1.0%
SPSC	D	1.0%
GNRC	D	1.0%
AAON	A	1.0%
BERY	C	1.0%
PLNT	B	1.0%
ELAN	D	1.0%
WHR	C	1.0%
MSA	D	1.0%
AXS	B	1.0%
NYT	C	1.0%
FRPT	B	1.0%
FTAI	B	1.0%
RHP	C	1.0%
ZWS	B	1.0%
MTH	B	1.0%
PCH	C	1.0%
CMA	A	1.0%
ENLC	B	1.0%
WCC	D	1.0%
ALK	C	1.0%
RLI	B	1.0%
TTEK	C	1.0%
RHI	D	1.0%
EPRT	A	1.0%
FHN	D	1.0%
CMC	D	1.0%
WWD	C	1.0%
ACHC	C	1.0%
CROX	D	1.0%
GME	D	1.0%
HHH	C	1.0%
AWI	B	1.0%
EXLS	B	1.0%
UNM	B	1.0%
WSC	D	1.0%
AR	F	1.0%
WTS	C	1.0%
CRUS	D	1.0%
NOVT	D	1.0%
CW	A	1.0%
WAL	B	1.0%
OHI	C	1.0%
KNSL	C	1.0%
AVA	C	1.0%
ALSN	B	1.0%
FELE	C	1.0%
SWN	D	1.0%
CNM	F	1.0%
PRI	B	1.0%
CBSH	D	1.0%
COHR	B	1.0%
CACI	B	1.0%
CUZ	B	1.0%
HRB	C	1.0%
HAS	B	1.0%
NFG	B	1.0%
MTN	D	1.0%
CDP	B	1.0%
LSTR	F	1.0%
WBS	D	1.0%
SRPT	D	1.0%
FND	C	1.0%
TPR	C	1.0%
KBH	B	1.0%
SUM	D	1.0%
DTM	A	1.0%
FCN	C	1.0%
ENSG	C	1.0%
HOG	C	1.0%
RRC	D	1.0%
NJR	B	1.0%
ATR	B	1.0%
WING	B	1.0%
SAIA	D	1.0%
LNW	B	1.0%
IVZ	B	1.0%
EGP	C	1.0%
UMBF	B	1.0%
BWXT	C	1.0%
IBKR	A	1.0%
THC	B	1.0%
GBCI	B	1.0%
CUBE	B	1.0%
DCI	D	1.0%
AXTA	C	1.0%
PNFP	A	1.0%
XPO	D	1.0%
ARMK	C	1.0%
WMS	D	1.0%
BJ	D	1.0%
ONTO	D	1.0%
R	B	1.0%
SNV	C	1.0%
SSB	B	1.0%
RNR	B	1.0%
MTG	B	1.0%
TOL	B	1.0%
NTRA	B	1.0%
ITT	B	1.0%
UGI	C	1.0%
SCI	C	1.0%
FLEX	C	1.0%
AVT	C	1.0%
MDU	B	1.0%
SIGI	D	1.0%
BLD	D	1.0%
OSK	D	1.0%
AYI	A	1.0%
CVNA	B	1.0%
EHC	B	1.0%
PCVX	B	1.0%
BMI	B	1.0%
BFAM	B	1.0%
WEX	C	1.0%
GPK	B	1.0%
RGA	B	1.0%
FIX	A	1.0%
RGLD	B	1.0%
FTI	D	1.0%
OGS	B	1.0%
EWBC	D	1.0%
NTNX	C	1.0%
SFM	B	1.0%
FRT	C	1.0%
JLL	B	1.0%
MUSA	D	1.0%
KBR	D	1.0%
REXR	C	1.0%
GWRE	A	1.0%
INGR	B	1.0%
JHG	B	1.0%
USFD	B	1.0%
CASY	D	1.0%

ESML Underweight 367 Positions Relative to BBSC

Symbol	Grade	Weight
HLNE	A	-0.41%
CSWI	B	-0.35%
BCO	A	-0.33%
TPG	B	-0.32%
ZETA	B	-0.32%
MATX	C	-0.31%
CTRE	C	-0.3%
IIPR	B	-0.25%
NHI	C	-0.25%
KAI	C	-0.25%
UCBI	B	-0.24%
TDW	F	-0.24%
AXNX	A	-0.24%
CORT	B	-0.24%
CACC	F	-0.23%
AX	D	-0.23%
CVCO	A	-0.23%
EBC	B	-0.22%
MGEE	B	-0.22%
TCBI	B	-0.22%
NOG	D	-0.22%
GMS	D	-0.22%
SKYW	C	-0.21%
WSFS	D	-0.21%
LBRT	D	-0.21%
WAFD	C	-0.2%
SGBX	F	-0.2%
GNW	B	-0.2%
FHB	D	-0.2%
PATK	A	-0.2%
CATY	C	-0.2%
DORM	B	-0.2%
STEP	B	-0.2%
RRR	F	-0.19%
UNF	C	-0.19%
HUBG	C	-0.19%
FCPT	C	-0.19%
ROAD	C	-0.19%
SFNC	C	-0.18%
CEIX	D	-0.18%
GHC	B	-0.18%
SITM	C	-0.18%
PRFT	A	-0.18%
VIRT	C	-0.18%
AIN	D	-0.18%
ABR	B	-0.17%
UE	B	-0.17%
CARG	B	-0.17%
GFF	D	-0.17%
RYTM	C	-0.17%
SBCF	C	-0.16%
SMMT	C	-0.16%
LGIH	C	-0.16%
JOBY	F	-0.16%
TOWN	B	-0.16%
HTLF	B	-0.16%
YOU	B	-0.16%
VCYT	B	-0.16%
AKR	B	-0.16%
OSIS	D	-0.16%
PRK	C	-0.16%
VSTO	C	-0.15%
BANF	B	-0.15%
SNEX	A	-0.15%
AMBA	C	-0.15%
VCEL	D	-0.15%
EQC	D	-0.15%
DBRG	D	-0.15%
ARCH	F	-0.15%
AMR	F	-0.15%
JOE	C	-0.15%
IBTX	C	-0.14%
SXI	C	-0.14%
ENVA	C	-0.14%
GSHD	C	-0.14%
IVT	B	-0.14%
EVTC	F	-0.14%
RIOT	F	-0.14%
OFG	C	-0.14%
VGR	B	-0.14%
PHIN	C	-0.14%
LAUR	C	-0.14%
ASTH	B	-0.14%
SHO	C	-0.14%
VSH	F	-0.14%
IOVA	D	-0.14%
RPD	F	-0.14%
NMRK	B	-0.14%
STRA	F	-0.14%
FRME	D	-0.14%
NHC	D	-0.13%
GPOR	D	-0.13%
LGND	C	-0.13%
TTMI	D	-0.13%
OI	D	-0.13%
VIAV	D	-0.13%
KMT	B	-0.13%
URBN	F	-0.13%
JBLU	D	-0.13%
EXTR	C	-0.13%
NATL	D	-0.13%
ROIC	B	-0.13%
FBNC	C	-0.12%
FCF	C	-0.12%
CENTA	D	-0.12%
CHCO	C	-0.12%
AGM	D	-0.12%
LZB	B	-0.12%
INSW	D	-0.12%
DRH	C	-0.12%
GNL	C	-0.12%
B	D	-0.12%
WSBC	D	-0.12%
LMAT	B	-0.12%
TRMK	D	-0.12%
AMPH	C	-0.12%
RDDT	C	-0.11%
KN	D	-0.11%
NNI	B	-0.11%
GEO	F	-0.11%
MCY	D	-0.11%
STBA	C	-0.11%
SYBT	B	-0.11%
LKFN	C	-0.11%
BCRX	C	-0.11%
NWBI	C	-0.11%
PZZA	D	-0.11%
FBK	C	-0.11%
GTY	C	-0.11%
LTC	D	-0.11%
SUPN	D	-0.11%
CASH	B	-0.11%
SPNT	C	-0.1%
HMN	D	-0.1%
SOUN	D	-0.1%
APOG	C	-0.1%
HOPE	C	-0.1%
CHEF	D	-0.1%
CXW	F	-0.1%
ALEX	B	-0.1%
LADR	C	-0.1%
DVAX	D	-0.1%
AKRO	C	-0.1%
TRIP	F	-0.1%
BUSE	C	-0.1%
HTH	C	-0.1%
HEES	D	-0.1%
TGLS	B	-0.1%
PTON	C	-0.1%
OSW	B	-0.1%
LOB	B	-0.1%
TRUP	C	-0.1%
UCTT	F	-0.1%
HE	F	-0.09%
RC	F	-0.09%
MGPI	D	-0.09%
USPH	F	-0.09%
WABC	D	-0.09%
UVV	D	-0.09%
ARI	F	-0.09%
NAVI	C	-0.09%
CODI	D	-0.09%
OPEN	D	-0.09%
BLMN	F	-0.09%
XNCR	C	-0.09%
CMPR	D	-0.09%
NVEE	F	-0.09%
PHR	D	-0.09%
LPG	F	-0.09%
OXM	D	-0.09%
FLNC	C	-0.09%
NSSC	F	-0.09%
TLRY	F	-0.09%
NIC	C	-0.09%
BKE	C	-0.09%
HLIO	D	-0.09%
NTCT	C	-0.09%
TCBK	D	-0.09%
ARDX	D	-0.09%
PLAB	F	-0.09%
ENVX	F	-0.09%
RLJ	D	-0.09%
WWW	A	-0.08%
AVNS	C	-0.08%
PARR	F	-0.08%
CNNE	D	-0.08%
KALU	F	-0.08%
AIV	B	-0.08%
SHLS	D	-0.08%
JBI	F	-0.08%
WMK	C	-0.08%
CSR	C	-0.08%
MSGE	B	-0.08%
SCSC	D	-0.08%
MSEX	C	-0.08%
COHU	F	-0.08%
SABR	C	-0.08%
SDGR	F	-0.08%
UPWK	D	-0.08%
GABC	C	-0.08%
KFRC	D	-0.08%
CERT	F	-0.08%
SCS	D	-0.08%
SKWD	C	-0.08%
KW	C	-0.08%
LC	D	-0.08%
NX	F	-0.08%
NGVT	D	-0.08%
SAFT	D	-0.08%
UTZ	C	-0.08%
EIG	C	-0.08%
PMT	C	-0.08%
GIII	C	-0.08%
DAN	F	-0.08%
HRMY	B	-0.08%
CWH	C	-0.07%
LMND	D	-0.07%
MRVI	D	-0.07%
DCOM	C	-0.07%
GTX	D	-0.07%
ARRY	F	-0.07%
MATV	C	-0.07%
SBSI	C	-0.07%
MRTN	D	-0.07%
PFBC	D	-0.07%
MCRI	C	-0.07%
ODP	F	-0.07%
OCFC	B	-0.07%
NXRT	C	-0.07%
ANIP	D	-0.07%
WINA	D	-0.07%
TRS	C	-0.07%
RWT	B	-0.07%
WS	D	-0.07%
IMKTA	D	-0.07%
EXPI	C	-0.07%
SRCE	D	-0.07%
CARS	D	-0.07%
AMRC	C	-0.07%
FDP	C	-0.07%
AMRX	B	-0.07%
APPN	D	-0.07%
LILAK	D	-0.07%
INVA	C	-0.07%
SSTK	F	-0.06%
AHCO	C	-0.06%
DAWN	D	-0.06%
CGON	C	-0.06%
CBRL	D	-0.06%
CMTG	F	-0.06%
GDYN	C	-0.06%
JACK	F	-0.06%
USM	C	-0.06%
PFC	C	-0.06%
VICR	F	-0.06%
CNXN	B	-0.06%
DRVN	C	-0.06%
BRKL	C	-0.06%
USLM	B	-0.06%
AUPH	C	-0.06%
GSAT	F	-0.06%
MD	C	-0.06%
DNUT	D	-0.06%
OBK	D	-0.06%
RVLV	B	-0.06%
OEC	F	-0.06%
AMSF	C	-0.06%
IBUY	B	-0.05%
PRA	C	-0.05%
FIGS	F	-0.05%
ALGT	D	-0.05%
CENX	D	-0.05%
BGS	D	-0.05%
BSIG	C	-0.05%
ECVT	F	-0.05%
FG	D	-0.05%
PTLO	C	-0.05%
PRLB	F	-0.05%
HSTM	D	-0.05%
RLAY	D	-0.05%
HLF	F	-0.05%
RGR	F	-0.05%
MATW	F	-0.05%
ASIX	C	-0.05%
GDEN	D	-0.05%
SCHL	D	-0.05%
CVI	F	-0.05%
UDMY	D	-0.05%
VIR	F	-0.05%
XMTR	D	-0.05%
MBIN	D	-0.05%
BRSP	D	-0.05%
CTBI	C	-0.05%
SVC	F	-0.05%
ATSG	D	-0.05%
VZIO	A	-0.05%
GRC	D	-0.05%
PCT	C	-0.05%
SHEN	F	-0.05%
IAS	D	-0.05%
HCSG	C	-0.05%
SAH	D	-0.05%
FSLY	D	-0.05%
CDRE	C	-0.05%
ALX	B	-0.04%
CTKB	F	-0.04%
KIDS	F	-0.04%
RYI	F	-0.04%
PUMP	D	-0.04%
BMBL	F	-0.04%
SANA	F	-0.04%
GES	F	-0.04%
INDI	F	-0.04%
CIFR	F	-0.04%
RES	D	-0.04%
FOR	C	-0.04%
BJRI	D	-0.04%
ATEC	F	-0.04%
THRY	D	-0.04%
AVO	B	-0.04%
NBR	F	-0.04%
RBCAA	C	-0.04%
SWBI	D	-0.04%
PCRX	F	-0.04%
SWI	B	-0.04%
MCW	F	-0.04%
IE	F	-0.04%
LFST	C	-0.04%
HTLD	F	-0.04%
ZIP	D	-0.04%
TTGT	F	-0.04%
IRWD	F	-0.04%
BV	B	-0.04%
RPAY	D	-0.04%
DSGR	B	-0.03%
NAPA	F	-0.03%
IBTA	D	-0.03%
GRNT	D	-0.03%
NEXT	F	-0.03%
DIN	F	-0.03%
USNA	F	-0.03%
WRLD	D	-0.03%
GIC	D	-0.03%
PTVE	D	-0.03%
MYE	F	-0.03%
SNCY	D	-0.03%
TR	C	-0.03%
FWRG	F	-0.03%
SRCL	B	-0.03%
CLBK	C	-0.03%
OPK	D	-0.03%
RGNX	F	-0.03%
AMTB	D	-0.03%
BFS	C	-0.03%
CTOS	F	-0.02%
BOWL	F	-0.02%
CRSR	F	-0.02%
LILA	D	-0.02%
SAGE	F	-0.02%
NRC	F	-0.02%
CENT	F	-0.02%
CBL	D	-0.02%
HTZ	F	-0.02%
TH	D	-0.02%
RILY	F	-0.01%
ZNTL	D	-0.01%
DH	F	-0.01%