ESML vs. CSML ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to IQ Chaikin U.S. Small Cap ETF (CSML)

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

$38.28

Average Daily Volume

137,822

Number of Holdings ^*

901

* may have additional holdings in another (foreign) market

CSML

IQ Chaikin U.S. Small Cap ETF

CSML Description

The investment seeks investment results that track (before fees and expenses) the price and yield performance of its underlying index, the Nasdaq Chaikin Power US Small Cap Index. The fund invests at least 80% of the value of its assets (net assets plus the amount of any borrowings for investment purposes) in securities of small-capitalization U.S. issuers. The underlying index applies the Chaikin Power Gauge®, a quantitative multi-factor model that seeks to identify securities that are expected to outperform peers, to select securities from the Nasdaq US 1500 Index. The underlying index is an equally weighted index of small-capitalization securities.

Grade (RS Rating)

Last Trade

$34.95

Average Daily Volume

38,231

Number of Holdings ^*

469

* may have additional holdings in another (foreign) market

Performance

Period	ESML	CSML
30 Days	-1.60%	-3.77%
60 Days	0.81%	-1.35%
90 Days	-4.63%	-1.21%
12 Months	10.92%	13.48%

207 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in CSML	Overlap
AAT	B	0.06%	0.21%	0.06%
ABG	C	0.12%	0.2%	0.12%
ABM	B	0.09%	0.21%	0.09%
ACA	C	0.13%	0.19%	0.13%
ACEL	D	0.06%	0.2%	0.06%
ACIW	A	0.12%	0.21%	0.12%
ADUS	B	0.06%	0.2%	0.06%
AEIS	C	0.18%	0.19%	0.18%
AGO	C	0.06%	0.19%	0.06%
AGYS	B	0.05%	0.21%	0.05%
AL	C	0.11%	0.2%	0.11%
ALEC	D	0.04%	0.18%	0.04%
ALG	F	0.08%	0.19%	0.08%
ALKS	C	0.1%	0.19%	0.1%
AMAL	B	0.08%	0.2%	0.08%
AMG	C	0.27%	0.2%	0.2%
AMWD	F	0.07%	0.19%	0.07%
ANDE	D	0.07%	0.22%	0.07%
APPF	B	0.13%	0.18%	0.13%
ARCB	F	0.05%	0.21%	0.05%
ARDX	D	0.04%	0.19%	0.04%
ARVN	D	0.05%	0.18%	0.05%
ASAN	D	0.05%	0.19%	0.05%
ASB	C	0.15%	0.21%	0.15%
ASGN	D	0.18%	0.2%	0.18%
ASH	D	0.05%	0.21%	0.05%
ASTE	F	0.05%	0.21%	0.05%
ATEC	D	0.05%	0.19%	0.05%
ATEN	C	0.05%	0.2%	0.05%
ATGE	B	0.05%	0.19%	0.05%
ATRC	D	0.05%	0.17%	0.05%
AVA	C	0.19%	0.22%	0.19%
AVNT	D	0.07%	0.21%	0.07%
AVT	C	0.3%	0.2%	0.2%
AWR	D	0.05%	0.21%	0.05%
AXS	B	0.18%	0.21%	0.18%
AZZ	C	0.08%	0.2%	0.08%
BCC	F	0.16%	0.19%	0.16%
BDC	B	0.19%	0.19%	0.19%
BEAM	C	0.05%	0.16%	0.05%
BHE	C	0.17%	0.21%	0.17%
BLKB	C	0.12%	0.22%	0.12%
BMI	D	0.29%	0.23%	0.23%
BOX	C	0.13%	0.2%	0.13%
CAC	C	0.08%	0.2%	0.08%
CADE	C	0.13%	0.21%	0.13%
CAKE	B	0.06%	0.21%	0.06%
CBT	D	0.13%	0.22%	0.13%
CBZ	D	0.06%	0.2%	0.06%
CCRN	F	0.05%	0.2%	0.05%
CCS	D	0.08%	0.18%	0.08%
CGEM	D	0.04%	0.19%	0.04%
CLW	B	0.05%	0.2%	0.05%
CMCO	F	0.06%	0.2%	0.06%
CNK	A	0.06%	0.22%	0.06%
CNO	C	0.16%	0.2%	0.16%
CNX	D	0.2%	0.22%	0.2%
CNXC	D	0.06%	0.19%	0.06%
COLM	D	0.07%	0.2%	0.07%
COOP	B	0.05%	0.21%	0.05%
CPF	B	0.1%	0.21%	0.1%
CPRX	D	0.05%	0.2%	0.05%
CRAI	B	0.05%	0.21%	0.05%
CRUS	A	0.25%	0.19%	0.19%
CSGS	F	0.09%	0.2%	0.09%
CSTL	D	0.04%	0.19%	0.04%
CWEN	B	0.07%	0.22%	0.07%
CWEN	B	0.05%	0.22%	0.05%
CXM	D	0.04%	0.2%	0.04%
DCO	B	0.05%	0.22%	0.05%
DNOW	C	0.05%	0.2%	0.05%
DY	B	0.1%	0.2%	0.1%
EE	B	0.05%	0.22%	0.05%
EGY	C	0.05%	0.21%	0.05%
ELVN	B	0.05%	0.2%	0.05%
ENOV	F	0.09%	0.19%	0.09%
ENR	C	0.07%	0.21%	0.07%
ENV	C	0.07%	0.24%	0.07%
EPC	B	0.06%	0.2%	0.06%
ESE	C	0.06%	0.2%	0.06%
ETWO	D	0.05%	0.2%	0.05%
EXLS	C	0.18%	0.2%	0.18%
FELE	D	0.22%	0.2%	0.2%
FFBC	C	0.05%	0.21%	0.05%
FLS	C	0.14%	0.21%	0.14%
FSS	D	0.16%	0.2%	0.16%
FTDR	C	0.21%	0.2%	0.2%
GATX	B	0.2%	0.2%	0.2%
GDOT	F	0.01%	0.2%	0.01%
GEF	F	0.05%	0.19%	0.05%
GEF	F	0.05%	0.19%	0.05%
GO	D	0.07%	0.2%	0.07%
GPI	C	0.2%	0.2%	0.2%
HAE	D	0.13%	0.21%	0.13%
HBI	C	0.05%	0.17%	0.05%
HI	F	0.09%	0.2%	0.09%
HLIT	B	0.06%	0.15%	0.06%
HNI	C	0.14%	0.2%	0.14%
HWKN	B	0.06%	0.2%	0.06%
IART	C	0.09%	0.18%	0.09%
IBOC	C	0.06%	0.21%	0.06%
ICFI	C	0.08%	0.19%	0.08%
ICUI	B	0.06%	0.2%	0.06%
IDCC	B	0.11%	0.19%	0.11%
IESC	C	0.04%	0.2%	0.04%
INDB	D	0.06%	0.21%	0.06%
INTA	C	0.05%	0.19%	0.05%
IOSP	D	0.15%	0.2%	0.15%
ITGR	D	0.14%	0.22%	0.14%
ITRI	D	0.19%	0.21%	0.19%
JAMF	D	0.05%	0.22%	0.05%
JXN	C	0.12%	0.21%	0.12%
KAR	C	0.11%	0.21%	0.11%
KBH	B	0.22%	0.19%	0.19%
KE	F	0.08%	0.21%	0.08%
KELYA	D	0.05%	0.2%	0.05%
KFY	B	0.09%	0.2%	0.09%
KNTK	A	0.14%	0.21%	0.14%
KOS	D	0.17%	0.22%	0.17%
KTB	C	0.13%	0.2%	0.13%
LOPE	D	0.07%	0.2%	0.07%
LRN	B	0.1%	0.19%	0.1%
MAN	D	0.08%	0.21%	0.08%
MBUU	D	0.05%	0.17%	0.05%
MDU	B	0.3%	0.21%	0.21%
MOG.A	C	0.21%	0.2%	0.2%
MTG	B	0.25%	0.19%	0.19%
MTSI	A	0.08%	0.2%	0.08%
MTX	B	0.14%	0.2%	0.14%
MWA	C	0.22%	0.21%	0.21%
MYE	F	0.05%	0.19%	0.05%
MYRG	F	0.17%	0.2%	0.17%
NABL	A	0.06%	0.2%	0.06%
NBHC	B	0.05%	0.2%	0.05%
NSIT	C	0.2%	0.21%	0.2%
NWL	F	0.07%	0.18%	0.07%
NWN	F	0.07%	0.22%	0.07%
OEC	F	0.05%	0.22%	0.05%
OFIX	D	0.05%	0.2%	0.05%
OMI	F	0.05%	0.19%	0.05%
OZK	D	0.13%	0.21%	0.13%
PCH	F	0.18%	0.19%	0.18%
PDM	B	0.06%	0.2%	0.06%
PEGA	C	0.08%	0.19%	0.08%
PFS	D	0.04%	0.22%	0.04%
PIPR	A	0.07%	0.2%	0.07%
PLMR	C	0.07%	0.2%	0.07%
PLOW	F	0.05%	0.2%	0.05%
PLUS	D	0.06%	0.2%	0.06%
PLXS	D	0.15%	0.21%	0.15%
PLYA	D	0.08%	0.2%	0.08%
POWL	D	0.06%	0.19%	0.06%
PRGO	F	0.08%	0.21%	0.08%
PRGS	C	0.2%	0.2%	0.2%
PRIM	B	0.11%	0.22%	0.11%
PRLB	D	0.05%	0.19%	0.05%
PRTA	F	0.06%	0.18%	0.06%
PTCT	C	0.05%	0.19%	0.05%
QLYS	D	0.05%	0.21%	0.05%
RAMP	D	0.06%	0.2%	0.06%
RCUS	D	0.05%	0.17%	0.05%
RNG	F	0.05%	0.18%	0.05%
RNST	C	0.07%	0.21%	0.07%
ROCK	F	0.06%	0.19%	0.06%
RUSHA	F	0.05%	0.19%	0.05%
RXO	A	0.09%	0.19%	0.09%
SASR	B	0.06%	0.2%	0.06%
SCL	D	0.12%	0.2%	0.12%
SITC	B	0.12%	0.2%	0.12%
SJW	F	0.1%	0.2%	0.1%
SLAB	F	0.12%	0.17%	0.12%
SLM	D	0.15%	0.21%	0.15%
SLVM	B	0.05%	0.2%	0.05%
SNDR	B	0.22%	0.2%	0.2%
STC	D	0.08%	0.21%	0.08%
STRL	B	0.09%	0.19%	0.09%
SUM	D	0.23%	0.18%	0.18%
SVRA	F	0.05%	0.2%	0.05%
SWTX	D	0.05%	0.17%	0.05%
SWX	D	0.14%	0.21%	0.14%
TARS	F	0.04%	0.19%	0.04%
TDOC	F	0.05%	0.18%	0.05%
TDS	B	0.06%	0.2%	0.06%
THG	D	0.16%	0.21%	0.16%
TNC	C	0.07%	0.2%	0.07%
TNL	C	0.15%	0.19%	0.15%
TPH	D	0.14%	0.2%	0.14%
TRN	B	0.09%	0.2%	0.09%
UMBF	C	0.21%	0.21%	0.21%
UNFI	C	0.06%	0.17%	0.06%
VAC	F	0.08%	0.2%	0.08%
VC	F	0.12%	0.2%	0.12%
VCTR	C	0.05%	0.24%	0.05%
VECO	B	0.2%	0.2%	0.2%
VNT	D	0.18%	0.19%	0.18%
VRNT	C	0.09%	0.2%	0.09%
WERN	D	0.13%	0.2%	0.13%
WING	A	0.26%	0.21%	0.21%
WNC	D	0.06%	0.19%	0.06%
WRBY	B	0.05%	0.2%	0.05%
WTM	C	0.14%	0.21%	0.14%
WTS	D	0.21%	0.2%	0.2%
WU	D	0.09%	0.2%	0.09%
XHR	D	0.08%	0.19%	0.08%
XNCR	F	0.04%	0.18%	0.04%
XRX	F	0.06%	0.19%	0.06%
YELP	F	0.06%	0.21%	0.06%

ESML Overweight 694 Positions Relative to CSML

Symbol	Grade	Weight
CASY	A	0.56%
JHG	B	0.44%
KBR	C	0.42%
USFD	B	0.4%
REXR	C	0.39%
INGR	D	0.37%
GWRE	A	0.36%
FTI	C	0.35%
FLEX	C	0.34%
FIX	C	0.34%
JLL	B	0.34%
MUSA	B	0.34%
EWBC	C	0.33%
BLD	D	0.32%
SFM	B	0.32%
OSK	D	0.32%
OGS	C	0.31%
FRT	C	0.31%
RGA	B	0.31%
NTNX	C	0.31%
ONTO	B	0.31%
GPK	D	0.3%
SIGI	F	0.3%
CNM	D	0.3%
WMS	C	0.3%
SAIA	C	0.29%
RRC	D	0.29%
BJ	B	0.29%
RGLD	C	0.29%
SRPT	B	0.29%
ITT	D	0.28%
HAS	C	0.28%
AXTA	C	0.28%
AYI	D	0.28%
UGI	D	0.28%
DCI	D	0.27%
XPO	D	0.27%
BWXT	B	0.27%
SCI	B	0.27%
OHI	A	0.27%
AR	D	0.27%
EHC	B	0.27%
WEX	D	0.27%
CROX	B	0.26%
R	B	0.26%
NJR	C	0.25%
LSTR	B	0.25%
IBKR	B	0.25%
RNR	B	0.25%
FND	F	0.25%
ELF	A	0.25%
NVT	C	0.24%
SNV	C	0.24%
MTN	D	0.24%
LNW	B	0.24%
IVZ	D	0.24%
TPR	C	0.24%
ELAN	C	0.24%
WFRD	C	0.24%
CVNA	A	0.24%
SWN	D	0.24%
HOG	F	0.24%
EGP	C	0.23%
CMC	C	0.23%
TOL	D	0.23%
BFAM	C	0.23%
COHR	B	0.23%
WBS	D	0.23%
FCN	C	0.23%
ATR	D	0.23%
LECO	D	0.23%
ESTC	B	0.23%
ARMK	A	0.23%
WWD	B	0.23%
RHI	F	0.22%
PNFP	D	0.22%
CUBE	B	0.22%
SSB	D	0.22%
PRI	B	0.22%
DTM	A	0.22%
WSC	F	0.22%
NTRA	B	0.22%
NFG	C	0.21%
ALK	D	0.21%
UNM	C	0.21%
NOV	C	0.21%
CACI	A	0.21%
PVH	F	0.21%
MSA	B	0.21%
WCC	D	0.21%
PR	C	0.21%
NOVT	C	0.21%
GBCI	C	0.21%
CDP	B	0.2%
AWI	D	0.2%
OMF	D	0.2%
WHR	D	0.2%
CHX	C	0.2%
REZI	D	0.2%
CBSH	C	0.2%
FHN	C	0.2%
CW	B	0.2%
ACHC	D	0.2%
DLB	D	0.2%
ANF	C	0.2%
HRB	A	0.2%
NNN	B	0.19%
HHH	F	0.19%
RLI	D	0.19%
MKSI	B	0.19%
DAR	D	0.19%
FN	B	0.19%
ALSN	D	0.19%
VVV	B	0.19%
LFUS	C	0.19%
FRPT	B	0.19%
SPSC	C	0.19%
ENSG	B	0.19%
KLIC	C	0.19%
NYT	B	0.19%
KNSL	F	0.19%
BWA	F	0.19%
RRX	F	0.19%
SITE	F	0.19%
AAON	B	0.19%
PCVX	B	0.19%
RHP	D	0.19%
VOYA	C	0.19%
MUR	D	0.18%
FMC	D	0.18%
CMA	C	0.18%
AA	D	0.18%
SPXC	B	0.18%
TGNA	D	0.18%
PLNT	B	0.18%
NCLH	B	0.18%
MEDP	A	0.18%
WK	D	0.18%
BERY	D	0.18%
GNRC	D	0.18%
CUZ	D	0.18%
ZWS	D	0.18%
THC	B	0.18%
PDCO	F	0.18%
ENLC	C	0.18%
TTEK	B	0.18%
CR	B	0.18%
TKO	B	0.17%
VFC	C	0.17%
GKOS	A	0.17%
MTH	D	0.17%
RMBS	C	0.17%
M	C	0.17%
HXL	D	0.17%
HRI	F	0.17%
BRKR	F	0.17%
LAD	F	0.17%
MORN	C	0.17%
CVLT	A	0.17%
HQY	B	0.16%
TPX	D	0.16%
X	D	0.16%
JAZZ	F	0.16%
ATI	C	0.16%
NXT	C	0.16%
GPS	C	0.16%
MTZ	C	0.16%
GTLS	C	0.16%
ZION	C	0.16%
WAL	C	0.16%
ONB	C	0.16%
AM	B	0.16%
AGCO	F	0.16%
AFRM	F	0.15%
HESM	A	0.15%
CIEN	C	0.15%
ALTR	B	0.15%
INSM	B	0.15%
PEN	F	0.15%
LPX	C	0.15%
ETRN	D	0.15%
ESI	B	0.15%
TMHC	D	0.15%
YETI	C	0.15%
PCOR	D	0.15%
CHDN	A	0.15%
CABO	F	0.15%
ATKR	F	0.15%
GXO	D	0.15%
ITCI	C	0.15%
FIVE	F	0.15%
CGNX	C	0.15%
FAF	D	0.15%
MMSI	B	0.14%
GME	C	0.14%
FIBK	C	0.14%
MOD	C	0.14%
SR	C	0.14%
MAT	F	0.14%
SF	B	0.14%
CYTK	D	0.14%
LCII	F	0.14%
AZEK	D	0.14%
BECN	D	0.14%
SON	D	0.14%
UBSI	D	0.14%
EPRT	B	0.14%
VLY	F	0.13%
PINC	F	0.13%
WH	C	0.13%
TDC	D	0.13%
SHOO	B	0.13%
DFIN	D	0.13%
GTLB	D	0.13%
HASI	C	0.13%
BCPC	B	0.13%
LEA	F	0.13%
DBX	D	0.13%
OPCH	F	0.13%
RYAN	B	0.13%
OGN	B	0.13%
AVAV	C	0.13%
NPO	D	0.13%
CHE	D	0.13%
AGNC	B	0.13%
THO	D	0.13%
FULT	C	0.12%
EPAC	B	0.12%
FTAI	A	0.12%
TREX	F	0.12%
FUL	D	0.12%
ZI	F	0.12%
PFSI	B	0.12%
BRX	B	0.12%
WGO	F	0.12%
BANR	B	0.12%
SMAR	B	0.12%
HALO	B	0.12%
VMI	B	0.12%
VKTX	D	0.12%
EVRI	C	0.12%
DXC	C	0.12%
ORI	C	0.12%
HIW	C	0.12%
CPK	C	0.12%
GL	C	0.11%
KNF	C	0.11%
ECPG	F	0.11%
KD	B	0.11%
SSD	C	0.11%
CRSP	D	0.11%
FYBR	B	0.11%
TENB	D	0.11%
SIG	F	0.11%
OLED	B	0.11%
ORA	B	0.11%
EAT	B	0.11%
TRNO	B	0.11%
DV	F	0.11%
SOFI	D	0.11%
STWD	D	0.11%
LNTH	B	0.11%
XENE	D	0.11%
FLO	D	0.11%
ADT	B	0.11%
IRDM	F	0.11%
IBCP	C	0.11%
BHLB	C	0.11%
CIVI	D	0.1%
BPMC	B	0.1%
WEN	F	0.1%
MARA	C	0.1%
NXST	C	0.1%
JBT	C	0.1%
CRC	B	0.1%
CVBF	C	0.1%
MRCY	F	0.1%
AAP	F	0.1%
XPRO	B	0.1%
DNLI	B	0.1%
KRC	F	0.1%
MODG	C	0.1%
EVR	B	0.1%
AMED	D	0.1%
DUOL	B	0.1%
GMED	A	0.1%
WDFC	F	0.1%
AIT	C	0.1%
LYFT	F	0.1%
PBF	D	0.1%
IBP	D	0.1%
TXRH	A	0.1%
ADC	B	0.1%
LNC	B	0.1%
FA	D	0.1%
AEO	F	0.1%
ST	D	0.1%
FLR	B	0.1%
AMN	F	0.1%
WHD	B	0.1%
TNET	F	0.1%
SONO	F	0.09%
INSP	F	0.09%
AZTA	D	0.09%
FIVN	F	0.09%
IDYA	F	0.09%
LNN	B	0.09%
AN	D	0.09%
LXP	B	0.09%
HR	B	0.09%
ABCB	C	0.09%
MGRC	F	0.09%
BXMT	C	0.09%
RDUS	F	0.09%
ESNT	B	0.09%
RDN	B	0.09%
W	D	0.09%
FR	C	0.09%
BILL	F	0.09%
ERII	F	0.09%
EFSC	C	0.09%
AROC	C	0.09%
COLB	D	0.09%
PSN	B	0.09%
HWC	C	0.09%
TMDX	A	0.09%
POST	C	0.09%
TEX	D	0.09%
CRS	B	0.09%
ROG	C	0.09%
S	D	0.09%
WOLF	F	0.09%
LEG	F	0.09%
ARW	D	0.09%
ZD	C	0.09%
KOP	F	0.09%
POWI	F	0.09%
APAM	D	0.09%
BRC	B	0.09%
HCP	A	0.09%
AUB	D	0.09%
TNDM	D	0.08%
NARI	C	0.08%
WOOF	C	0.08%
OLLI	B	0.08%
CRNX	D	0.08%
FL	B	0.08%
DRS	B	0.08%
PJT	A	0.08%
ARWR	C	0.08%
CRVL	C	0.08%
UNIT	F	0.08%
KRYS	B	0.08%
FBP	B	0.08%
CFR	D	0.08%
ALTM	F	0.08%
CTS	C	0.08%
GH	C	0.08%
EYE	F	0.08%
QTWO	C	0.08%
SXT	C	0.08%
BC	F	0.08%
PGNY	D	0.08%
BHVN	D	0.08%
BPOP	C	0.08%
VITL	B	0.08%
CLNE	C	0.08%
IMAX	C	0.08%
SEE	C	0.08%
CCCS	C	0.08%
JEF	A	0.08%
HELE	F	0.08%
PRKS	C	0.08%
XRAY	F	0.08%
HIMS	C	0.08%
SPB	C	0.08%
MOV	F	0.08%
TROX	D	0.08%
RL	B	0.08%
SLG	B	0.08%
BRBR	C	0.08%
RDNT	B	0.08%
HGV	F	0.07%
HZO	C	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%
CPRI	D	0.07%
ESRT	D	0.07%
LITE	B	0.07%
GERN	C	0.07%
TWST	C	0.07%
CERE	D	0.07%
PI	C	0.07%
MIR	B	0.07%
RUN	B	0.07%
MTRN	F	0.07%
PD	B	0.07%
KSS	D	0.07%
VREX	F	0.07%
CLVT	D	0.07%
AIR	B	0.07%
PK	C	0.07%
APG	B	0.07%
NRIX	B	0.07%
CLSK	C	0.07%
PDFS	B	0.07%
SBRA	A	0.07%
CHH	B	0.07%
FROG	C	0.07%
NEP	D	0.07%
BOH	D	0.07%
CAVA	B	0.07%
BL	D	0.07%
KTOS	C	0.07%
NTLA	D	0.07%
SHAK	D	0.07%
MRUS	B	0.07%
VRRM	B	0.07%
MAC	C	0.07%
COLD	C	0.07%
PRVA	D	0.07%
LBRDA	D	0.07%
CALX	C	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%
CC	F	0.07%
SG	C	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%
CAR	F	0.06%
VERX	A	0.06%
DYN	B	0.06%
WKC	B	0.06%
MXL	B	0.06%
SMPL	D	0.06%
PETQ	B	0.06%
BE	C	0.06%
EPR	C	0.06%
SHC	C	0.06%
SGH	C	0.06%
ARKO	C	0.06%
NVST	F	0.06%
AVPT	A	0.06%
FOXF	C	0.06%
PTEN	D	0.06%
CLH	A	0.06%
HIBB	A	0.06%
NUVL	C	0.06%
RKT	C	0.06%
RCKT	F	0.06%
RKLB	B	0.06%
RCM	B	0.06%
SQSP	A	0.06%
VNO	B	0.06%
MHK	D	0.06%
MDGL	B	0.06%
MLNK	B	0.06%
NTGR	B	0.06%
TBBK	C	0.06%
JWN	B	0.06%
CLDX	C	0.06%
GTES	D	0.06%
ACVA	C	0.06%
FNB	C	0.06%
EXPO	B	0.06%
MGNI	C	0.06%
AGL	D	0.06%
WTFC	C	0.06%
TMCI	F	0.06%
THRM	F	0.06%
OUT	C	0.06%
SEM	A	0.06%
KREF	F	0.06%
ROIV	D	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%
PECO	C	0.06%
RARE	D	0.06%
GVA	B	0.06%
MPW	D	0.06%
TKR	D	0.06%
AIRC	A	0.06%
NEOG	C	0.06%
SPR	B	0.06%
VVX	C	0.06%
CLB	B	0.06%
INFA	C	0.06%
VSCO	D	0.05%
OMCL	F	0.05%
SIBN	F	0.05%
BRY	D	0.05%
QS	F	0.05%
DOCN	D	0.05%
MNRO	F	0.05%
CMP	F	0.05%
MTDR	D	0.05%
LESL	F	0.05%
MTUS	D	0.05%
LGF.A	D	0.05%
DK	D	0.05%
UPST	F	0.05%
ARQT	B	0.05%
SEDG	F	0.05%
JANX	D	0.05%
NUVB	C	0.05%
CWT	C	0.05%
VERA	D	0.05%
SAVA	F	0.05%
SKY	F	0.05%
UPWK	D	0.05%
RIOT	F	0.05%
IMVT	F	0.05%
CNMD	F	0.05%
GT	F	0.05%
AXL	F	0.05%
FRSH	D	0.05%
MRC	C	0.05%
HAYW	F	0.05%
NYCB	F	0.05%
KYMR	D	0.05%
VAL	B	0.05%
KVYO	C	0.05%
MTTR	C	0.05%
UEC	F	0.05%
CCOI	D	0.05%
VBTX	C	0.05%
HCC	D	0.05%
ZUO	C	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%
RH	D	0.05%
DAWN	D	0.05%
NEO	D	0.05%
VYX	F	0.05%
BKD	C	0.05%
DAN	F	0.05%
RUSHB	F	0.05%
MHO	D	0.05%
HPP	F	0.05%
RBBN	C	0.05%
LIVN	C	0.05%
DIN	F	0.05%
RXRX	D	0.05%
MEG	B	0.05%
MLKN	C	0.05%
AUR	C	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%
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%
STAA	C	0.05%
CUBI	C	0.05%
SBH	D	0.05%
APLS	F	0.05%
PNTG	B	0.05%
NBTB	B	0.05%
HAIN	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%
REVG	C	0.05%
SFBS	C	0.05%
FLYW	F	0.05%
TILE	D	0.05%
PGRE	F	0.05%
AMC	D	0.05%
CDE	B	0.05%
BYD	C	0.05%
AXSM	B	0.05%
VRDN	D	0.05%
DOCS	C	0.05%
MMI	D	0.05%
MLTX	D	0.05%
ALHC	B	0.05%
CALM	B	0.05%
LBTYK	C	0.05%
RYN	D	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%
KMPR	D	0.05%
PLAY	F	0.05%
CECO	A	0.05%
EDR	A	0.05%
GBX	D	0.05%
UFPT	B	0.05%
MQ	D	0.05%
SM	D	0.05%
ICHR	C	0.05%
AORT	B	0.05%
COKE	A	0.05%
EVBG	D	0.05%
MYGN	B	0.05%
DLX	B	0.05%
ARRY	F	0.05%
CATC	C	0.05%
PRO	D	0.05%
EWCZ	F	0.05%
LBPH	B	0.05%
TGI	B	0.05%
PYCR	F	0.05%
UAA	C	0.05%
KROS	F	0.05%
VRNS	C	0.05%
PHAT	C	0.05%
THS	C	0.05%
PTGX	C	0.05%
FFIN	C	0.05%
XPEL	F	0.05%
DRQ	D	0.05%
MASI	C	0.05%
AI	B	0.05%
FOUR	B	0.05%
ACLX	C	0.05%
AMBC	D	0.04%
SMTC	D	0.04%
SYM	D	0.04%
CHGG	F	0.04%
PLRX	F	0.04%
ESTA	D	0.04%
FNA	F	0.04%
APGE	D	0.04%
NFE	F	0.04%
OSCR	D	0.04%
PLUG	F	0.04%
HAFC	C	0.04%
CYRX	F	0.04%
TXG	F	0.04%
KLG	F	0.04%
MTW	F	0.04%
CERT	F	0.04%
HL	D	0.04%
COMP	C	0.04%
RIG	D	0.04%
NVCR	C	0.04%
FSLY	F	0.04%
LUMN	F	0.04%
BKU	C	0.04%
QDEL	F	0.04%
JELD	F	0.04%
XPER	D	0.04%
ALV	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%
MC	C	0.01%

ESML Underweight 264 Positions Relative to CSML

Symbol	Grade	Weight
AMRK	D	-0.27%
AGX	B	-0.26%
WIRE	B	-0.24%
CSR	B	-0.24%
ZETA	B	-0.23%
MCY	C	-0.23%
GRNT	C	-0.23%
PRA	F	-0.23%
SLGN	D	-0.22%
LYEL	F	-0.22%
GHC	D	-0.22%
USLM	B	-0.22%
GNK	C	-0.22%
JRVR	F	-0.22%
THRY	F	-0.22%
VIRT	C	-0.22%
HTLF	B	-0.22%
CION	B	-0.22%
LILAK	B	-0.22%
ALE	B	-0.22%
PGC	D	-0.22%
ARCH	F	-0.22%
NXRT	B	-0.22%
KALU	D	-0.22%
AAN	B	-0.22%
LGND	B	-0.22%
CCB	B	-0.22%
GEO	C	-0.22%
CRK	C	-0.22%
HLIO	C	-0.22%
SAM	C	-0.21%
UVSP	B	-0.21%
BFST	C	-0.21%
DO	B	-0.21%
ROIC	C	-0.21%
NHC	A	-0.21%
APOG	C	-0.21%
UTL	C	-0.21%
ENVA	C	-0.21%
MMS	B	-0.21%
EVTC	F	-0.21%
REX	F	-0.21%
DIOD	F	-0.21%
VSTO	A	-0.21%
IRT	A	-0.21%
BBSI	B	-0.21%
FHI	C	-0.21%
HTBK	C	-0.21%
MSBI	D	-0.21%
FCF	C	-0.21%
MSM	F	-0.21%
DCPH	A	-0.21%
MLI	C	-0.21%
SXC	D	-0.21%
SPNT	D	-0.21%
CARG	B	-0.21%
JOUT	F	-0.21%
THFF	D	-0.21%
BRKL	D	-0.21%
WABC	D	-0.21%
QNST	D	-0.21%
SNEX	C	-0.21%
HFWA	D	-0.21%
SFNC	D	-0.21%
FMBH	C	-0.21%
EQC	B	-0.21%
HTH	D	-0.21%
SRCE	C	-0.21%
EIG	C	-0.21%
KRG	B	-0.21%
UVE	C	-0.21%
CNOB	D	-0.21%
IMKTA	F	-0.21%
ALKT	C	-0.21%
FBMS	C	-0.21%
HPK	D	-0.21%
USM	B	-0.21%
SBSI	D	-0.21%
QCRH	C	-0.21%
HE	F	-0.21%
KN	C	-0.21%
GSBC	B	-0.21%
MATV	D	-0.21%
SKWD	C	-0.21%
IDT	D	-0.21%
INSW	B	-0.21%
NPK	D	-0.21%
ALEX	B	-0.21%
WMG	D	-0.21%
EZPW	C	-0.21%
BY	B	-0.21%
DHIL	F	-0.21%
PEBO	C	-0.21%
AMTB	C	-0.21%
HP	D	-0.21%
IIIV	C	-0.21%
FBK	C	-0.21%
PRDO	C	-0.21%
WAFD	C	-0.21%
BSIG	D	-0.21%
NWE	C	-0.21%
FRME	C	-0.21%
UVV	D	-0.21%
CASH	B	-0.21%
WTTR	B	-0.21%
BKH	C	-0.21%
COGT	C	-0.21%
HSII	C	-0.2%
ATRI	B	-0.2%
LQDT	B	-0.2%
KRNY	D	-0.2%
DRH	D	-0.2%
TTMI	B	-0.2%
SCS	B	-0.2%
STRA	D	-0.2%
CLDT	F	-0.2%
VSH	F	-0.2%
AGM	C	-0.2%
AURA	D	-0.2%
HCKT	D	-0.2%
PX	C	-0.2%
THR	C	-0.2%
EB	F	-0.2%
JBSS	D	-0.2%
MLAB	F	-0.2%
HSTM	B	-0.2%
CFB	B	-0.2%
RLJ	F	-0.2%
DRVN	D	-0.2%
PEB	D	-0.2%
SANM	B	-0.2%
MIRM	B	-0.2%
TCBK	B	-0.2%
TPG	C	-0.2%
DVAX	F	-0.2%
BNL	B	-0.2%
IMXI	D	-0.2%
AVNS	C	-0.2%
MGPI	F	-0.2%
LEGH	C	-0.2%
GTX	D	-0.2%
LFST	F	-0.2%
HUBG	B	-0.2%
NIC	C	-0.2%
NMIH	B	-0.2%
DORM	C	-0.2%
GPOR	D	-0.2%
CENTA	F	-0.2%
OXM	D	-0.2%
MBIN	D	-0.2%
ENS	B	-0.2%
IPAR	D	-0.2%
ADMA	B	-0.2%
TPB	B	-0.2%
BCO	B	-0.2%
HURN	C	-0.2%
MATX	B	-0.2%
HONE	B	-0.2%
TWKS	C	-0.2%
EBF	B	-0.2%
CNXN	D	-0.2%
ESAB	D	-0.2%
SCSC	D	-0.2%
CODI	D	-0.2%
BFS	D	-0.2%
INN	D	-0.2%
SCHL	D	-0.2%
ODP	D	-0.2%
CXW	D	-0.2%
FMNB	D	-0.2%
TIPT	D	-0.2%
DXPE	D	-0.2%
BLMN	F	-0.2%
TRMK	C	-0.2%
EGBN	D	-0.2%
EQBK	C	-0.2%
ANIP	C	-0.2%
LAUR	C	-0.2%
MBWM	C	-0.2%
OFG	C	-0.2%
VPG	F	-0.2%
BV	B	-0.2%
ASIX	F	-0.2%
CBL	B	-0.2%
ARTNA	D	-0.2%
HCSG	D	-0.2%
BHF	D	-0.2%
AMK	B	-0.2%
SWI	B	-0.19%
ACCO	F	-0.19%
RGP	D	-0.19%
GSAT	D	-0.19%
CRSR	D	-0.19%
COHU	C	-0.19%
SSTK	F	-0.19%
MRTN	C	-0.19%
CHRS	F	-0.19%
GFF	D	-0.19%
SUPN	D	-0.19%
ALTG	F	-0.19%
CSV	C	-0.19%
CASS	F	-0.19%
IIIN	F	-0.19%
ACRE	F	-0.19%
ALRM	D	-0.19%
NX	F	-0.19%
HTLD	C	-0.19%
ATNI	D	-0.19%
HRMY	C	-0.19%
NAPA	F	-0.19%
LZB	C	-0.19%
SVC	F	-0.19%
DCGO	F	-0.19%
PCRX	F	-0.19%
PHR	D	-0.19%
MCRI	B	-0.19%
MITK	F	-0.19%
EVH	F	-0.19%
NEU	F	-0.19%
ECVT	F	-0.19%
PLYM	C	-0.19%
COLL	C	-0.19%
CORT	B	-0.19%
GMS	F	-0.19%
CVI	F	-0.19%
ALIT	F	-0.19%
ZIP	F	-0.19%
GIC	F	-0.19%
OI	F	-0.19%
EEFT	D	-0.19%
CTOS	F	-0.19%
RPD	D	-0.19%
SHO	C	-0.19%
GRC	B	-0.19%
SGBX	F	-0.18%
ZNTL	F	-0.18%
CEVA	F	-0.18%
YOU	B	-0.18%
URBN	B	-0.18%
OSPN	B	-0.18%
ASO	F	-0.18%
MRVI	F	-0.18%
TRDA	D	-0.18%
KNSA	C	-0.18%
GDYN	D	-0.18%
PATK	C	-0.18%
RPAY	B	-0.18%
VIR	F	-0.17%
ABOS	F	-0.17%
FOR	F	-0.17%
SES	F	-0.17%
FDMT	D	-0.17%
TTEC	F	-0.17%
CCSI	D	-0.17%
VTYX	F	-0.17%
OPEN	F	-0.16%
TVTX	C	-0.16%
SPWR	C	-0.16%
HLVX	D	-0.16%
PL	F	-0.15%
FF	C	-0.15%
SAGE	F	-0.15%
NRGV	F	-0.13%
SEB	D	-0.13%