ESML vs. CSF ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to Compass EMP U.S. Discovery 500 Enhanced Volatility Weighted Fund (CSF)

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

$45.18

Average Daily Volume

88,928

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

CSF

Compass EMP U.S. Discovery 500 Enhanced Volatility Weighted Fund

CSF Description

The investment seeks investment results that match the performance of the CEMP U.S. Small Cap 500 Long/Cash Volatility Weighted Index before fees and expenses. The index was created by the fund's investment advisor and consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S., market capitalizations of less than $3 billion, and the stock of which trades on a U.S. exchange. It includes only companies with consistent positive earnings and is weighted based on the volatility of each stock. The fund invests at least 80% of its assets in securities of U.S. issuers included in the index.

Grade (RS Rating)

Last Trade

$58.92

Average Daily Volume

2,697

Number of Holdings ^*

487

* may have additional holdings in another (foreign) market

Performance

Period	ESML	CSF
30 Days	6.19%	7.73%
60 Days	6.82%	7.53%
90 Days	7.85%	8.18%
12 Months	32.19%	23.32%

317 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in CSF	Overlap
AAP	D	0.06%	0.12%	0.06%
ABCB	B	0.11%	0.22%	0.11%
ABG	C	0.12%	0.18%	0.12%
ABM	B	0.09%	0.18%	0.09%
ACA	A	0.14%	0.21%	0.14%
ACIW	B	0.16%	0.25%	0.16%
ADMA	B	0.06%	0.11%	0.06%
ADUS	D	0.05%	0.19%	0.05%
AEIS	C	0.17%	0.18%	0.17%
AEO	F	0.08%	0.15%	0.08%
AGO	B	0.06%	0.29%	0.06%
AGYS	A	0.05%	0.17%	0.05%
AIR	B	0.06%	0.19%	0.06%
AL	B	0.1%	0.2%	0.1%
ALG	B	0.08%	0.23%	0.08%
ALK	B	0.23%	0.28%	0.23%
ALKS	C	0.1%	0.17%	0.1%
ALRM	C	0.05%	0.23%	0.05%
ALSN	B	0.26%	0.27%	0.26%
ALTR	B	0.14%	0.2%	0.14%
AMG	B	0.19%	0.28%	0.19%
AMN	F	0.04%	0.06%	0.04%
ANDE	D	0.06%	0.19%	0.06%
ANF	F	0.15%	0.1%	0.1%
APAM	B	0.1%	0.23%	0.1%
APPF	B	0.11%	0.13%	0.11%
ARCB	C	0.05%	0.14%	0.05%
AROC	A	0.1%	0.22%	0.1%
ASB	B	0.17%	0.25%	0.17%
ASGN	F	0.14%	0.19%	0.14%
ASH	F	0.04%	0.18%	0.04%
ATGE	B	0.06%	0.17%	0.06%
ATI	C	0.14%	0.14%	0.14%
AUB	B	0.11%	0.21%	0.11%
AVA	A	0.19%	0.28%	0.19%
AVAV	C	0.13%	0.12%	0.12%
AVNT	B	0.07%	0.21%	0.07%
AVT	C	0.27%	0.25%	0.25%
AWI	A	0.23%	0.29%	0.23%
AWR	B	0.05%	0.3%	0.05%
AXS	A	0.19%	0.31%	0.19%
AZZ	A	0.07%	0.18%	0.07%
BANR	B	0.18%	0.24%	0.18%
BC	C	0.07%	0.18%	0.07%
BCC	B	0.16%	0.16%	0.16%
BCPC	B	0.13%	0.26%	0.13%
BDC	C	0.2%	0.2%	0.2%
BGC	C	0.05%	0.18%	0.05%
BKU	A	0.06%	0.17%	0.06%
BL	B	0.08%	0.18%	0.08%
BLKB	B	0.12%	0.21%	0.12%
BMI	B	0.3%	0.2%	0.2%
BOH	B	0.08%	0.23%	0.08%
BOOT	C	0.06%	0.14%	0.06%
BOX	B	0.13%	0.21%	0.13%
BRC	D	0.09%	0.26%	0.09%
BROS	A	0.07%	0.19%	0.07%
CABO	B	0.13%	0.16%	0.13%
CADE	B	0.15%	0.22%	0.15%
CAKE	C	0.06%	0.22%	0.06%
CALM	A	0.06%	0.3%	0.06%
CALX	D	0.05%	0.11%	0.05%
CBT	D	0.13%	0.19%	0.13%
CBU	B	0.06%	0.22%	0.06%
CBZ	B	0.06%	0.19%	0.06%
CC	C	0.05%	0.1%	0.05%
CCOI	B	0.1%	0.2%	0.1%
CCS	D	0.06%	0.13%	0.06%
CHWY	B	0.08%	0.1%	0.08%
CNK	C	0.09%	0.21%	0.09%
CNMD	C	0.05%	0.14%	0.05%
CNO	B	0.2%	0.27%	0.2%
CNX	A	0.28%	0.34%	0.28%
COLB	B	0.13%	0.17%	0.13%
COLM	C	0.07%	0.27%	0.07%
COOP	B	0.05%	0.24%	0.05%
CPK	A	0.13%	0.3%	0.13%
CPRX	C	0.05%	0.14%	0.05%
CRC	A	0.1%	0.17%	0.1%
CRI	F	0.04%	0.19%	0.04%
CRS	B	0.15%	0.18%	0.15%
CRUS	D	0.15%	0.11%	0.11%
CRVL	B	0.09%	0.23%	0.09%
CVBF	A	0.12%	0.22%	0.12%
CVLT	B	0.22%	0.17%	0.17%
CVNA	B	0.48%	0.11%	0.11%
CWEN	C	0.05%	0.19%	0.05%
CWEN	C	0.07%	0.19%	0.07%
CWT	C	0.04%	0.25%	0.04%
CXM	C	0.04%	0.15%	0.04%
DFIN	D	0.12%	0.2%	0.12%
DLB	B	0.16%	0.31%	0.16%
DOCN	C	0.05%	0.12%	0.05%
DOCS	C	0.08%	0.15%	0.08%
DTM	A	0.28%	0.47%	0.28%
DXC	B	0.11%	0.14%	0.11%
DY	D	0.1%	0.21%	0.1%
EAT	A	0.16%	0.26%	0.16%
EE	A	0.07%	0.24%	0.07%
EFSC	B	0.11%	0.21%	0.11%
ENR	B	0.07%	0.27%	0.07%
EPAC	C	0.13%	0.32%	0.13%
EPC	F	0.04%	0.23%	0.04%
ESE	B	0.09%	0.27%	0.09%
ESI	B	0.14%	0.22%	0.14%
EXLS	B	0.23%	0.28%	0.23%
EXPO	D	0.06%	0.15%	0.06%
FA	C	0.1%	0.23%	0.1%
FBP	C	0.2%	0.23%	0.2%
FELE	B	0.22%	0.27%	0.22%
FFBC	B	0.05%	0.24%	0.05%
FFIN	B	0.06%	0.21%	0.06%
FIBK	B	0.15%	0.19%	0.15%
FLO	D	0.04%	0.3%	0.04%
FLS	B	0.16%	0.33%	0.16%
FORM	D	0.04%	0.09%	0.04%
FOUR	A	0.06%	0.16%	0.06%
FOXF	F	0.04%	0.08%	0.04%
FRPT	A	0.19%	0.18%	0.18%
FSS	B	0.15%	0.21%	0.15%
FTDR	B	0.22%	0.22%	0.22%
FUL	F	0.1%	0.25%	0.1%
FULT	A	0.12%	0.22%	0.12%
GATX	A	0.17%	0.28%	0.17%
GBCI	B	0.3%	0.19%	0.19%
GEF	A	0.05%	0.27%	0.05%
GEF	A	0.05%	0.27%	0.05%
GME	C	0.21%	0.04%	0.04%
GO	C	0.05%	0.14%	0.05%
GPI	B	0.19%	0.21%	0.19%
GRBK	D	0.04%	0.15%	0.04%
GTLS	A	0.14%	0.16%	0.14%
GVA	A	0.08%	0.33%	0.08%
HAE	C	0.12%	0.24%	0.12%
HALO	F	0.11%	0.12%	0.11%
HAYW	B	0.05%	0.17%	0.05%
HCC	B	0.05%	0.14%	0.05%
HGV	C	0.07%	0.2%	0.07%
HIMS	B	0.07%	0.11%	0.07%
HLIT	D	0.05%	0.1%	0.05%
HNI	B	0.15%	0.24%	0.15%
HOG	D	0.2%	0.14%	0.14%
HRI	C	0.24%	0.23%	0.23%
HURN	C	0.06%	0.23%	0.06%
HWC	B	0.09%	0.21%	0.09%
HWKN	B	0.07%	0.15%	0.07%
IBOC	B	0.06%	0.25%	0.06%
IBP	D	0.09%	0.12%	0.09%
ICFI	F	0.08%	0.19%	0.08%
IDCC	B	0.14%	0.3%	0.14%
IESC	C	0.08%	0.15%	0.08%
INDB	B	0.08%	0.2%	0.08%
IOSP	C	0.08%	0.23%	0.08%
IRDM	D	0.12%	0.19%	0.12%
ITGR	B	0.13%	0.22%	0.13%
ITRI	C	0.2%	0.16%	0.16%
JBT	B	0.08%	0.25%	0.08%
JWN	D	0.06%	0.13%	0.06%
JXN	C	0.14%	0.19%	0.14%
KAR	B	0.11%	0.29%	0.11%
KBH	D	0.2%	0.16%	0.16%
KFY	B	0.09%	0.23%	0.09%
KMPR	A	0.05%	0.23%	0.05%
KNF	B	0.13%	0.23%	0.13%
KNTK	A	0.18%	0.32%	0.18%
KOS	D	0.12%	0.12%	0.12%
KRYS	C	0.04%	0.09%	0.04%
KSS	F	0.05%	0.1%	0.05%
KTB	B	0.16%	0.23%	0.16%
KTOS	B	0.08%	0.17%	0.08%
LCII	C	0.1%	0.15%	0.1%
LEVI	F	0.05%	0.13%	0.05%
LNC	C	0.09%	0.2%	0.09%
LNTH	D	0.1%	0.06%	0.06%
LOPE	C	0.05%	0.32%	0.05%
LPX	B	0.17%	0.19%	0.17%
LRN	A	0.13%	0.27%	0.13%
M	F	0.13%	0.13%	0.13%
MAN	F	0.06%	0.2%	0.06%
MARA	B	0.09%	0.06%	0.06%
MC	C	0.02%	0.21%	0.02%
MDU	D	0.18%	0.23%	0.18%
MHO	D	0.05%	0.14%	0.05%
MLKN	F	0.04%	0.12%	0.04%
MMS	F	0.04%	0.24%	0.04%
MMSI	A	0.15%	0.3%	0.15%
MNKD	C	0.06%	0.12%	0.06%
MOD	A	0.15%	0.11%	0.11%
MODG	F	0.05%	0.11%	0.05%
MOG.A	B	0.24%	0.23%	0.23%
MTG	C	0.23%	0.26%	0.23%
MTRN	C	0.06%	0.16%	0.06%
MTX	B	0.12%	0.25%	0.12%
MTZ	B	0.17%	0.18%	0.17%
MWA	B	0.25%	0.23%	0.23%
MYRG	B	0.16%	0.19%	0.16%
NABL	F	0.04%	0.2%	0.04%
NBHC	C	0.05%	0.24%	0.05%
NBTB	B	0.06%	0.19%	0.06%
NFG	A	0.2%	0.32%	0.2%
NJR	A	0.21%	0.33%	0.21%
NMIH	C	0.09%	0.25%	0.09%
NPO	A	0.13%	0.19%	0.13%
OGN	F	0.09%	0.1%	0.09%
OGS	A	0.31%	0.3%	0.3%
OII	B	0.06%	0.16%	0.06%
OLLI	D	0.12%	0.16%	0.12%
ONB	C	0.19%	0.24%	0.19%
OPCH	D	0.09%	0.15%	0.09%
ORA	B	0.11%	0.23%	0.11%
OZK	B	0.14%	0.18%	0.14%
PAYO	A	0.06%	0.18%	0.06%
PDCO	F	0.13%	0.18%	0.13%
PEGA	B	0.11%	0.14%	0.11%
PFS	B	0.05%	0.19%	0.05%
PFSI	C	0.1%	0.19%	0.1%
PGNY	F	0.04%	0.08%	0.04%
PI	D	0.07%	0.11%	0.07%
PINC	B	0.14%	0.29%	0.14%
PIPR	A	0.08%	0.26%	0.08%
PJT	A	0.1%	0.3%	0.1%
PLMR	A	0.08%	0.17%	0.08%
PLUS	F	0.06%	0.14%	0.06%
PLXS	B	0.17%	0.24%	0.17%
POWI	F	0.06%	0.14%	0.06%
POWL	C	0.09%	0.11%	0.09%
PRG	C	0.05%	0.14%	0.05%
PRGS	A	0.24%	0.28%	0.24%
PRIM	A	0.14%	0.24%	0.14%
PRVA	C	0.08%	0.14%	0.08%
PSMT	D	0.05%	0.25%	0.05%
PTEN	C	0.04%	0.14%	0.04%
PTGX	D	0.05%	0.11%	0.05%
R	B	0.29%	0.24%	0.24%
RAMP	B	0.05%	0.16%	0.05%
RDN	D	0.09%	0.23%	0.09%
RDNT	B	0.1%	0.18%	0.1%
REVG	C	0.05%	0.12%	0.05%
REZI	A	0.23%	0.19%	0.19%
RH	C	0.06%	0.12%	0.06%
RKT	F	0.04%	0.08%	0.04%
RNST	B	0.08%	0.21%	0.08%
ROCK	C	0.06%	0.17%	0.06%
ROG	D	0.07%	0.19%	0.07%
RUSHA	C	0.05%	0.22%	0.05%
RYAN	A	0.14%	0.24%	0.14%
SCL	C	0.1%	0.21%	0.1%
SEE	C	0.07%	0.2%	0.07%
SEM	B	0.07%	0.17%	0.07%
SFBS	C	0.06%	0.17%	0.06%
SFM	A	0.43%	0.25%	0.25%
SHAK	C	0.09%	0.14%	0.09%
SHC	F	0.05%	0.14%	0.05%
SHOO	F	0.11%	0.23%	0.11%
SIG	B	0.1%	0.17%	0.1%
SJW	F	0.09%	0.25%	0.09%
SKY	A	0.05%	0.15%	0.05%
SLM	A	0.16%	0.26%	0.16%
SLVM	B	0.05%	0.15%	0.05%
SM	B	0.06%	0.16%	0.06%
SMPL	B	0.05%	0.27%	0.05%
SNDR	B	0.19%	0.27%	0.19%
SNV	C	0.3%	0.22%	0.22%
SON	F	0.11%	0.27%	0.11%
SPB	C	0.08%	0.2%	0.08%
SR	A	0.14%	0.34%	0.14%
STC	B	0.08%	0.23%	0.08%
STRL	A	0.13%	0.18%	0.13%
SUM	B	0.28%	0.24%	0.24%
SWX	B	0.13%	0.27%	0.13%
SXT	C	0.07%	0.25%	0.07%
TALO	C	0.06%	0.15%	0.06%
TBBK	B	0.08%	0.16%	0.08%
TDC	D	0.1%	0.15%	0.1%
TEX	F	0.08%	0.14%	0.08%
TGNA	B	0.2%	0.27%	0.2%
TGTX	B	0.06%	0.11%	0.06%
THG	A	0.18%	0.34%	0.18%
TMDX	F	0.05%	0.05%	0.05%
TNC	D	0.05%	0.21%	0.05%
TNL	A	0.16%	0.23%	0.16%
TPH	D	0.14%	0.17%	0.14%
TRN	B	0.1%	0.19%	0.1%
UBSI	B	0.17%	0.23%	0.17%
UCB	A	0.04%	0.22%	0.04%
UFPT	C	0.05%	0.1%	0.05%
UGI	C	0.24%	0.19%	0.19%
UMBF	B	0.27%	0.24%	0.24%
UPBD	B	0.06%	0.19%	0.06%
VAC	C	0.08%	0.19%	0.08%
VC	F	0.1%	0.18%	0.1%
VCTR	B	0.07%	0.24%	0.07%
VECO	F	0.1%	0.11%	0.1%
VERX	A	0.06%	0.15%	0.06%
VLY	B	0.15%	0.16%	0.15%
VMI	B	0.13%	0.23%	0.13%
VNT	C	0.15%	0.24%	0.15%
VRNT	C	0.06%	0.1%	0.06%
VRRM	F	0.06%	0.18%	0.06%
VSCO	C	0.07%	0.14%	0.07%
VSEC	C	0.08%	0.22%	0.08%
VSTS	C	0.05%	0.09%	0.05%
VVV	D	0.17%	0.23%	0.17%
WD	D	0.06%	0.19%	0.06%
WDFC	B	0.11%	0.21%	0.11%
WEN	D	0.09%	0.28%	0.09%
WERN	C	0.12%	0.26%	0.12%
WGO	C	0.12%	0.18%	0.12%
WHD	B	0.12%	0.19%	0.12%
WKC	C	0.05%	0.22%	0.05%
WTM	A	0.13%	0.26%	0.13%
WTS	B	0.21%	0.27%	0.21%
WU	F	0.07%	0.24%	0.07%
YELP	C	0.05%	0.21%	0.05%
YETI	D	0.12%	0.12%	0.12%
ZD	B	0.08%	0.2%	0.08%
ZWS	B	0.2%	0.3%	0.2%

ESML Overweight 587 Positions Relative to CSF

Symbol	Grade	Weight
CASY	A	0.52%
JHG	B	0.51%
USFD	A	0.49%
GWRE	A	0.43%
INGR	C	0.42%
EWBC	A	0.4%
FIX	A	0.38%
NTNX	B	0.36%
KBR	F	0.35%
FTI	A	0.35%
AYI	B	0.34%
JLL	D	0.34%
MUSA	B	0.34%
FLEX	B	0.33%
XPO	B	0.33%
IBKR	A	0.32%
FRT	B	0.31%
REXR	F	0.31%
NTRA	A	0.31%
OSK	C	0.3%
BWXT	B	0.3%
RGA	A	0.3%
PNFP	B	0.3%
SIGI	C	0.29%
TPR	B	0.29%
EHC	B	0.29%
RGLD	C	0.29%
COHR	B	0.28%
SAIA	B	0.28%
ITT	A	0.28%
SCI	B	0.27%
TOL	B	0.27%
WBS	A	0.27%
SSB	B	0.27%
AXTA	B	0.27%
BLD	D	0.26%
GPK	C	0.26%
WEX	D	0.25%
UNM	A	0.25%
DCI	B	0.25%
AAON	B	0.25%
RRC	B	0.25%
BJ	A	0.25%
WCC	B	0.24%
FTAI	A	0.24%
RNR	C	0.24%
IVZ	B	0.24%
ATR	B	0.24%
NCLH	B	0.24%
AFRM	A	0.23%
CBSH	B	0.23%
ARMK	B	0.23%
PRI	B	0.23%
CW	C	0.23%
FHN	A	0.23%
THC	D	0.23%
SOFI	B	0.22%
CNM	D	0.22%
LAD	A	0.22%
GNRC	C	0.22%
WAL	B	0.22%
CMC	B	0.22%
AR	B	0.22%
EGP	D	0.21%
CDP	C	0.21%
CMA	B	0.21%
CACI	D	0.21%
WMS	F	0.21%
INSM	C	0.21%
PCVX	D	0.21%
ONTO	F	0.21%
LSTR	D	0.21%
CUZ	B	0.21%
RHI	C	0.21%
FND	D	0.2%
LECO	C	0.2%
KNSL	B	0.2%
WHR	B	0.2%
PLNT	A	0.2%
MTN	C	0.2%
CUBE	C	0.2%
OMF	A	0.2%
PCTY	C	0.2%
ZION	B	0.2%
BHLB	B	0.2%
ENSG	C	0.2%
RLI	A	0.2%
HHH	B	0.2%
WK	B	0.2%
BFAM	D	0.2%
PR	B	0.19%
WING	D	0.19%
CIEN	C	0.19%
FCN	F	0.19%
LUMN	C	0.19%
HAS	D	0.19%
HRB	D	0.19%
LNW	F	0.19%
OHI	C	0.19%
DAR	C	0.19%
AA	A	0.19%
NOVT	D	0.19%
RHP	B	0.19%
WWD	C	0.19%
CR	A	0.19%
NVT	B	0.19%
SF	B	0.18%
SRPT	F	0.18%
NYT	D	0.18%
BWA	D	0.18%
SPXC	A	0.18%
GKOS	B	0.18%
MORN	B	0.18%
DUOL	A	0.18%
EPRT	B	0.18%
VFC	C	0.18%
ENLC	A	0.18%
MTH	D	0.17%
LAZ	B	0.17%
CHX	C	0.17%
BERY	C	0.17%
FN	C	0.17%
PCH	F	0.17%
TMHC	C	0.17%
PCOR	B	0.17%
PEN	B	0.17%
ESTC	C	0.17%
MSA	F	0.17%
WSC	F	0.17%
RGEN	D	0.16%
BRX	A	0.16%
DBX	B	0.16%
TTEK	F	0.16%
FAF	A	0.16%
HQY	A	0.16%
SPSC	D	0.16%
TKO	A	0.16%
BHE	C	0.16%
JAZZ	B	0.16%
SITE	F	0.16%
ELAN	D	0.16%
GXO	B	0.16%
VOYA	B	0.16%
PVH	C	0.16%
CFLT	B	0.15%
ECG	C	0.15%
WH	B	0.15%
MEDP	D	0.15%
CROX	D	0.15%
CPF	B	0.15%
AM	A	0.15%
NOV	C	0.15%
LSCC	D	0.15%
RRX	B	0.15%
ITCI	C	0.15%
WFRD	D	0.15%
GTLB	B	0.15%
HXL	F	0.14%
BECN	B	0.14%
X	B	0.14%
CHDN	B	0.14%
LFUS	D	0.14%
CHE	D	0.14%
SMAR	B	0.14%
RMBS	B	0.14%
MKSI	C	0.14%
IBCP	B	0.14%
BILL	A	0.14%
TPX	B	0.14%
CZR	F	0.14%
FMC	D	0.14%
NSIT	F	0.13%
HESM	B	0.13%
BRKR	D	0.13%
CAVA	B	0.13%
AIT	B	0.13%
MAT	D	0.13%
FYBR	C	0.13%
ORI	A	0.13%
KLIC	B	0.13%
CYTK	F	0.13%
AZEK	A	0.13%
MUR	D	0.13%
ELF	C	0.13%
AGCO	D	0.13%
HIW	C	0.13%
AGNC	C	0.12%
EVR	B	0.12%
QTWO	A	0.12%
RKLB	A	0.12%
S	B	0.12%
GL	C	0.12%
CRDO	B	0.12%
THO	B	0.12%
ADT	C	0.12%
GAP	C	0.12%
CSGS	B	0.11%
PATH	C	0.11%
TXRH	B	0.11%
JEF	A	0.11%
KRC	B	0.11%
GMED	A	0.11%
VKTX	F	0.11%
LYFT	C	0.11%
XENE	D	0.11%
CRNX	C	0.11%
ECPG	C	0.11%
ADC	A	0.11%
MRCY	C	0.11%
LBRDA	C	0.11%
RXO	D	0.1%
CFR	B	0.1%
NWL	C	0.1%
HASI	D	0.1%
ERII	D	0.1%
RVMD	C	0.1%
HCP	B	0.1%
BRBR	A	0.1%
TENB	C	0.1%
SSD	F	0.1%
DV	C	0.1%
CAC	C	0.1%
STWD	C	0.1%
NXT	C	0.1%
SLG	B	0.1%
ETSY	D	0.1%
BHVN	D	0.1%
DNLI	D	0.1%
DRS	B	0.1%
LITE	B	0.1%
FLR	B	0.1%
TRNO	F	0.1%
RDUS	B	0.1%
KD	B	0.1%
AMAL	B	0.1%
CGNX	D	0.1%
ALTM	B	0.1%
PSN	D	0.1%
FIVE	F	0.1%
LEA	F	0.1%
VNO	C	0.09%
AMED	F	0.09%
RNA	C	0.09%
UPST	B	0.09%
U	C	0.09%
ARW	D	0.09%
POST	C	0.09%
MGRC	B	0.09%
FR	D	0.09%
CURB	D	0.09%
SLAB	F	0.09%
ZI	D	0.09%
MTSI	B	0.09%
NXST	C	0.09%
RL	C	0.09%
ATKR	D	0.09%
IMAX	B	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%
OLED	F	0.08%
KOP	C	0.08%
AUR	C	0.08%
EWTX	C	0.08%
BPMC	B	0.08%
TILE	B	0.08%
ACLX	C	0.08%
SNX	D	0.08%
CRSP	D	0.08%
BPOP	C	0.08%
INTA	B	0.08%
ST	F	0.08%
SASR	B	0.08%
TNET	F	0.08%
PLYA	B	0.08%
LBPH	A	0.08%
INSP	D	0.08%
ENOV	C	0.08%
TDS	B	0.08%
TARS	C	0.08%
PRKS	B	0.08%
BWIN	C	0.08%
HR	B	0.08%
NTGR	B	0.08%
UNIT	B	0.08%
LNN	B	0.08%
MAC	B	0.08%
PRCT	B	0.08%
MIR	A	0.08%
DEA	D	0.07%
AAT	B	0.07%
SKT	A	0.07%
HI	C	0.07%
GBX	A	0.07%
RARE	F	0.07%
LBRDK	C	0.07%
UEC	B	0.07%
GT	C	0.07%
ESRT	C	0.07%
PECO	A	0.07%
HAFC	B	0.07%
TREX	C	0.07%
CWK	C	0.07%
GTES	A	0.07%
BDN	C	0.07%
ESNT	F	0.07%
VVX	C	0.07%
SONO	C	0.07%
PRGO	C	0.07%
ZYME	C	0.07%
ALHC	C	0.07%
AZTA	D	0.07%
MHK	D	0.07%
GH	B	0.07%
XHR	B	0.07%
FIVN	C	0.07%
ATRC	C	0.07%
HBI	B	0.07%
CTS	C	0.07%
WTFC	A	0.07%
WRBY	A	0.07%
AN	C	0.07%
CCCS	B	0.07%
NWN	A	0.07%
OUT	A	0.07%
PAR	A	0.07%
UNFI	A	0.07%
CAR	C	0.06%
FNA	B	0.06%
WT	A	0.06%
SG	B	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%
W	D	0.06%
MBUU	B	0.06%
PTCT	B	0.06%
PLAY	D	0.06%
AXSM	B	0.06%
MOV	D	0.06%
AGIO	C	0.06%
NRIX	C	0.06%
LXP	D	0.06%
COKE	C	0.06%
CMCO	C	0.06%
CHH	A	0.06%
CWAN	B	0.06%
TDOC	C	0.06%
EXP	B	0.06%
ATEN	A	0.06%
CLH	C	0.06%
PNTG	D	0.06%
CLNE	F	0.06%
CMP	C	0.06%
MGNI	B	0.06%
RUSHB	C	0.06%
KROS	D	0.06%
FL	F	0.06%
VREX	B	0.06%
FROG	C	0.06%
PYCR	B	0.06%
VBTX	B	0.06%
PEB	D	0.06%
HELE	C	0.06%
CART	C	0.06%
SMTC	B	0.06%
OWL	A	0.06%
NVST	B	0.06%
PPBI	C	0.06%
ACVA	B	0.06%
RCM	A	0.06%
ROIV	C	0.06%
FLYW	B	0.06%
APG	B	0.06%
IDYA	F	0.06%
EYE	C	0.06%
PK	C	0.06%
CLB	B	0.06%
TGI	B	0.06%
BYD	B	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%
CLF	F	0.06%
MRUS	F	0.06%
VRDN	D	0.06%
PDM	D	0.06%
PAHC	C	0.06%
MASI	B	0.06%
VVI	C	0.06%
COMP	B	0.06%
BANC	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%
IONS	F	0.05%
PLOW	D	0.05%
ARKO	C	0.05%
CECO	B	0.05%
ICHR	C	0.05%
FTRE	D	0.05%
INFA	D	0.05%
GERN	D	0.05%
APGE	F	0.05%
FLG	D	0.05%
CDE	C	0.05%
CLVT	D	0.05%
XRAY	F	0.05%
GOGO	C	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%
MPW	F	0.05%
AI	B	0.05%
AMBC	C	0.05%
BEAM	D	0.05%
XPEL	B	0.05%
PGRE	F	0.05%
EDR	A	0.05%
RUN	F	0.05%
DGII	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%
SMP	C	0.05%
VITL	D	0.05%
LCID	F	0.05%
ELVN	D	0.05%
MTTR	B	0.05%
KYMR	D	0.05%
EMBC	C	0.05%
NEO	C	0.05%
XPRO	D	0.05%
ZUO	B	0.05%
VYX	B	0.05%
OMCL	C	0.05%
MMI	C	0.05%
JANX	C	0.05%
PDFS	C	0.05%
CSTL	D	0.05%
IART	C	0.05%
BE	B	0.05%
LIVN	F	0.05%
AORT	B	0.05%
SBH	C	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%
RNG	C	0.05%
DNOW	B	0.05%
ARQT	B	0.05%
NUVL	C	0.05%
LEG	F	0.05%
JBGS	F	0.05%
UAA	C	0.05%
MXL	C	0.05%
NCNO	C	0.05%
COLD	D	0.05%
ALKT	B	0.05%
PD	C	0.05%
CIVI	D	0.05%
CRAI	C	0.05%
RCKT	F	0.04%
OMI	F	0.04%
CLW	F	0.04%
HPP	F	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%
QS	F	0.04%
PRTA	F	0.04%
NTLA	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%
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%
IMVT	F	0.04%
RCUS	F	0.04%
MTUS	C	0.04%
OSCR	D	0.04%
AMC	C	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%
NVCR	C	0.04%
MEI	F	0.04%
IVR	F	0.04%
BRZE	C	0.04%
LGF.A	C	0.04%
THS	D	0.04%
RXRX	F	0.04%
TROX	D	0.04%
COGT	D	0.04%
AHH	D	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%
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 172 Positions Relative to CSF

Symbol	Grade	Weight
IDA	A	-0.39%
FHI	B	-0.38%
PNM	B	-0.33%
MSGS	A	-0.33%
POR	C	-0.31%
BKH	A	-0.31%
NWE	B	-0.31%
SLGN	A	-0.29%
CWST	A	-0.29%
USLM	A	-0.29%
CHCO	B	-0.28%
LAUR	A	-0.28%
ESAB	C	-0.28%
PBH	A	-0.28%
CASH	B	-0.28%
NEU	D	-0.27%
GNW	A	-0.27%
MLI	B	-0.27%
GHC	B	-0.27%
FHB	B	-0.27%
SNEX	B	-0.27%
CSWI	B	-0.27%
WMK	C	-0.26%
HLNE	B	-0.26%
HOMB	A	-0.26%
FNB	A	-0.26%
TCBI	C	-0.25%
NWBI	B	-0.25%
WMG	D	-0.25%
SKYW	C	-0.25%
GPOR	B	-0.25%
KMT	B	-0.25%
MGY	A	-0.25%
BOKF	B	-0.25%
LANC	C	-0.24%
KEX	B	-0.24%
MATX	C	-0.24%
MGEE	B	-0.24%
HUBG	A	-0.24%
MSM	C	-0.24%
FCF	B	-0.23%
OSW	B	-0.23%
TOWN	B	-0.23%
KWR	C	-0.23%
SEB	F	-0.23%
EEFT	B	-0.23%
ENVA	B	-0.23%
SPNT	B	-0.23%
SXI	B	-0.23%
GMS	B	-0.23%
CATY	B	-0.23%
KAI	B	-0.23%
NNI	D	-0.23%
BANF	B	-0.23%
OSIS	A	-0.22%
WSBC	B	-0.22%
OFG	B	-0.22%
HTH	C	-0.22%
GOLF	B	-0.22%
DORM	B	-0.22%
ROAD	B	-0.22%
FRME	B	-0.22%
MCY	A	-0.22%
SYBT	B	-0.21%
ENS	F	-0.21%
CXT	C	-0.21%
BKE	B	-0.21%
NOG	B	-0.21%
SFNC	C	-0.21%
EVTC	B	-0.21%
NHC	C	-0.21%
BTU	B	-0.21%
UNF	B	-0.21%
CNXN	C	-0.21%
FBK	C	-0.21%
PRK	B	-0.21%
LKFN	C	-0.2%
FIZZ	C	-0.2%
TTMI	C	-0.2%
CNS	B	-0.2%
EBC	B	-0.2%
LMAT	A	-0.2%
WSFS	B	-0.2%
PATK	C	-0.2%
SBCF	B	-0.2%
AGM	B	-0.2%
JJSF	C	-0.2%
OTTR	C	-0.2%
STEP	C	-0.2%
BCO	F	-0.2%
STBA	B	-0.19%
TFIN	B	-0.19%
CEIX	A	-0.19%
VIRT	A	-0.19%
IPGP	D	-0.19%
UTZ	D	-0.19%
CENTA	C	-0.19%
WAFD	B	-0.19%
AX	B	-0.19%
CVCO	A	-0.19%
AIN	C	-0.19%
NAVI	F	-0.19%
DDS	B	-0.19%
PHIN	A	-0.19%
HP	C	-0.18%
LZB	B	-0.18%
PAY	A	-0.18%
FBNC	B	-0.18%
NMRK	C	-0.18%
MCW	C	-0.18%
JOE	F	-0.18%
SWI	C	-0.18%
CRGY	B	-0.18%
SUPN	C	-0.17%
HEES	C	-0.17%
INSW	F	-0.17%
CHEF	A	-0.17%
SAM	C	-0.17%
IPAR	B	-0.17%
VSH	F	-0.16%
VICR	C	-0.16%
GTX	C	-0.16%
GFF	A	-0.16%
CORT	B	-0.16%
STRA	C	-0.16%
AESI	B	-0.16%
SAH	C	-0.16%
WOR	F	-0.16%
URBN	C	-0.16%
PTVE	B	-0.15%
SANM	B	-0.15%
ADNT	F	-0.15%
TGLS	B	-0.15%
LTH	C	-0.15%
GSHD	A	-0.15%
VCEL	B	-0.15%
LOB	C	-0.15%
NSP	F	-0.15%
RRR	F	-0.15%
SYNA	C	-0.14%
AMPH	F	-0.14%
BFH	C	-0.14%
LBRT	D	-0.14%
LGND	C	-0.14%
ASO	F	-0.14%
HRMY	D	-0.14%
PII	F	-0.14%
VAL	F	-0.13%
BOWL	C	-0.13%
MBIN	F	-0.13%
CVI	F	-0.13%
WS	C	-0.13%
USM	B	-0.12%
LGIH	F	-0.12%
ASTH	F	-0.12%
CMPR	D	-0.11%
TRIP	F	-0.11%
RIOT	C	-0.11%
AMR	C	-0.11%
YOU	D	-0.11%
DIOD	D	-0.11%
ALGM	D	-0.1%
ACAD	C	-0.1%
NSSC	D	-0.1%
LPG	F	-0.1%
MGPI	F	-0.09%
ACLS	F	-0.08%
ARHS	F	-0.08%
DFH	D	-0.08%
IAS	C	-0.08%
BLBD	D	-0.08%
TDW	F	-0.07%