ESML vs. FYX ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to First Trust Small Cap Core AlphaDEX (FYX)

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

$38.25

Average Daily Volume

136,073

Number of Holdings ^*

899

* may have additional holdings in another (foreign) market

FYX

First Trust Small Cap Core AlphaDEX

FYX Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Small Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P SmallCap 600(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$89.99

Average Daily Volume

21,710

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	ESML	FYX
30 Days	-2.27%	-2.36%
60 Days	-0.40%	-0.67%
90 Days	-2.65%	-1.03%
12 Months	8.53%	9.91%

250 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in FYX	Overlap
AAT	B	0.06%	0.26%	0.06%
ABM	B	0.09%	0.37%	0.09%
ACIW	A	0.13%	0.23%	0.13%
ACVA	C	0.06%	0.19%	0.06%
ADUS	B	0.06%	0.15%	0.06%
AGYS	A	0.05%	0.08%	0.05%
AIN	D	0.05%	0.12%	0.05%
AIR	B	0.07%	0.16%	0.07%
ALG	F	0.08%	0.2%	0.08%
AMN	F	0.1%	0.22%	0.1%
AMWD	D	0.07%	0.2%	0.07%
ANDE	D	0.07%	0.23%	0.07%
APAM	D	0.09%	0.06%	0.06%
ARCB	D	0.05%	0.1%	0.05%
ARDX	F	0.05%	0.29%	0.05%
AROC	C	0.1%	0.34%	0.1%
ARVN	F	0.05%	0.04%	0.04%
ASB	C	0.16%	0.12%	0.12%
ATGE	A	0.05%	0.25%	0.05%
AUB	C	0.1%	0.18%	0.1%
AVA	D	0.19%	0.32%	0.19%
AZZ	D	0.08%	0.33%	0.08%
B	B	0.05%	0.15%	0.05%
BANC	C	0.06%	0.05%	0.05%
BANR	B	0.13%	0.26%	0.13%
BASE	D	0.03%	0.19%	0.03%
BDC	C	0.19%	0.2%	0.19%
BEAM	F	0.05%	0.19%	0.05%
BHLB	C	0.12%	0.19%	0.12%
BKD	C	0.05%	0.33%	0.05%
BKU	B	0.05%	0.27%	0.05%
BOH	C	0.07%	0.06%	0.06%
BOOT	B	0.07%	0.27%	0.07%
BRC	B	0.09%	0.07%	0.07%
CABO	F	0.15%	0.27%	0.15%
CAKE	B	0.06%	0.07%	0.06%
CAL	D	0.05%	0.27%	0.05%
CALM	B	0.05%	0.34%	0.05%
CALX	C	0.07%	0.07%	0.07%
CBU	B	0.05%	0.13%	0.05%
CBZ	D	0.06%	0.31%	0.06%
CCS	D	0.08%	0.22%	0.08%
CHGG	F	0.04%	0.13%	0.04%
CLDX	C	0.06%	0.18%	0.06%
CLSK	C	0.06%	0.2%	0.06%
CMCO	F	0.06%	0.15%	0.06%
CNK	B	0.07%	0.31%	0.07%
CNO	B	0.16%	0.27%	0.16%
CNX	C	0.2%	0.34%	0.2%
CPK	C	0.12%	0.13%	0.12%
CPRX	C	0.05%	0.12%	0.05%
CRC	B	0.11%	0.32%	0.11%
CRDO	B	0.09%	0.2%	0.09%
CRI	F	0.05%	0.15%	0.05%
CRNX	C	0.07%	0.18%	0.07%
CRS	B	0.1%	0.2%	0.1%
CSGS	F	0.09%	0.05%	0.05%
CTS	D	0.08%	0.14%	0.08%
CUBI	B	0.05%	0.23%	0.05%
CVBF	B	0.1%	0.19%	0.1%
CWEN	D	0.05%	0.15%	0.05%
CWEN	D	0.07%	0.15%	0.07%
CWT	C	0.05%	0.07%	0.05%
DAN	F	0.05%	0.25%	0.05%
DEA	B	0.08%	0.21%	0.08%
DFIN	C	0.13%	0.12%	0.12%
DK	D	0.05%	0.11%	0.05%
DNOW	D	0.05%	0.29%	0.05%
DOCN	C	0.05%	0.18%	0.05%
DOCS	C	0.05%	0.07%	0.05%
DY	B	0.1%	0.39%	0.1%
EAT	B	0.11%	0.2%	0.11%
EFSC	B	0.1%	0.25%	0.1%
ENOV	F	0.09%	0.05%	0.05%
ENR	C	0.07%	0.07%	0.07%
ENV	D	0.07%	0.14%	0.07%
EPAC	B	0.11%	0.28%	0.11%
EPC	B	0.06%	0.28%	0.06%
ESE	D	0.06%	0.06%	0.06%
ESRT	C	0.07%	0.18%	0.07%
FA	C	0.1%	0.06%	0.06%
FBP	A	0.08%	0.2%	0.08%
FFBC	C	0.05%	0.32%	0.05%
FIBK	C	0.14%	0.26%	0.14%
FORM	B	0.05%	0.17%	0.05%
FOXF	C	0.05%	0.18%	0.05%
FTDR	D	0.19%	0.14%	0.14%
FULT	C	0.12%	0.28%	0.12%
GBX	D	0.05%	0.32%	0.05%
GEF	F	0.05%	0.28%	0.05%
GEF	F	0.05%	0.28%	0.05%
GERN	C	0.06%	0.18%	0.06%
GO	D	0.07%	0.05%	0.05%
GOGO	C	0.05%	0.22%	0.05%
GVA	B	0.06%	0.36%	0.06%
HASI	D	0.12%	0.07%	0.07%
HAYW	F	0.04%	0.05%	0.04%
HCP	A	0.09%	0.08%	0.08%
HELE	F	0.08%	0.16%	0.08%
HI	F	0.09%	0.11%	0.09%
HIMS	C	0.08%	0.43%	0.08%
HIW	B	0.12%	0.32%	0.12%
HLIT	B	0.06%	0.06%	0.06%
HLX	A	0.05%	0.28%	0.05%
HNI	C	0.14%	0.07%	0.07%
HPP	D	0.05%	0.2%	0.05%
HWKN	B	0.06%	0.3%	0.06%
IART	C	0.09%	0.11%	0.09%
IBOC	C	0.06%	0.26%	0.06%
ICFI	D	0.08%	0.27%	0.08%
ICUI	B	0.06%	0.22%	0.06%
IDCC	A	0.1%	0.22%	0.1%
IDYA	F	0.08%	0.16%	0.08%
IESC	C	0.05%	0.37%	0.05%
INDB	D	0.07%	0.24%	0.07%
IOSP	D	0.15%	0.13%	0.13%
ITRI	D	0.19%	0.35%	0.19%
JAMF	D	0.05%	0.06%	0.05%
JBGS	B	0.06%	0.12%	0.06%
JBT	F	0.09%	0.31%	0.09%
JELD	F	0.04%	0.12%	0.04%
JWN	B	0.06%	0.28%	0.06%
KFY	B	0.09%	0.13%	0.09%
KLG	F	0.04%	0.12%	0.04%
KNTK	A	0.15%	0.07%	0.07%
KOP	F	0.09%	0.13%	0.09%
KOS	D	0.18%	0.25%	0.18%
KSS	F	0.07%	0.26%	0.07%
KTOS	B	0.07%	0.14%	0.07%
KYMR	D	0.04%	0.25%	0.04%
LCII	F	0.14%	0.05%	0.05%
LEVI	D	0.06%	0.06%	0.06%
LNN	D	0.09%	0.15%	0.09%
LRN	C	0.1%	0.29%	0.1%
LXP	B	0.09%	0.13%	0.09%
MGNI	B	0.06%	0.24%	0.06%
MIR	B	0.07%	0.19%	0.07%
MLKN	C	0.05%	0.28%	0.05%
MODG	D	0.1%	0.25%	0.1%
MORF	C	0.06%	0.06%	0.06%
MPW	F	0.06%	0.07%	0.06%
MRCY	D	0.09%	0.06%	0.06%
MRUS	B	0.08%	0.26%	0.08%
MTRN	F	0.07%	0.11%	0.07%
MTX	B	0.14%	0.22%	0.14%
MWA	C	0.22%	0.07%	0.07%
MYGN	B	0.05%	0.15%	0.05%
MYRG	F	0.16%	0.26%	0.16%
NBHC	A	0.05%	0.27%	0.05%
NBTB	B	0.05%	0.14%	0.05%
NEO	D	0.05%	0.06%	0.05%
NWN	F	0.07%	0.32%	0.07%
OEC	F	0.04%	0.25%	0.04%
OII	C	0.07%	0.13%	0.07%
OMCL	F	0.04%	0.12%	0.04%
OMI	F	0.04%	0.03%	0.03%
OSCR	D	0.04%	0.39%	0.04%
OUT	C	0.06%	0.22%	0.06%
PAR	B	0.05%	0.14%	0.05%
PDCO	F	0.18%	0.17%	0.17%
PFS	D	0.04%	0.25%	0.04%
PGRE	C	0.05%	0.06%	0.05%
PI	C	0.07%	0.24%	0.07%
PINC	F	0.13%	0.27%	0.13%
PIPR	A	0.07%	0.07%	0.07%
PJT	A	0.08%	0.15%	0.08%
PK	C	0.07%	0.28%	0.07%
PLAY	F	0.05%	0.21%	0.05%
PLMR	C	0.07%	0.32%	0.07%
PLUS	C	0.06%	0.18%	0.06%
PLXS	C	0.15%	0.14%	0.14%
POWL	D	0.05%	0.33%	0.05%
PRCT	C	0.07%	0.4%	0.07%
PRG	D	0.05%	0.33%	0.05%
PRIM	C	0.1%	0.24%	0.1%
PRO	F	0.05%	0.05%	0.05%
PSMT	D	0.05%	0.13%	0.05%
PTCT	D	0.05%	0.16%	0.05%
PTGX	B	0.06%	0.29%	0.06%
QTWO	C	0.08%	0.3%	0.08%
RAMP	C	0.06%	0.12%	0.06%
RDNT	B	0.08%	0.32%	0.08%
REVG	C	0.05%	0.37%	0.05%
REZI	D	0.2%	0.23%	0.2%
RKT	C	0.06%	0.13%	0.06%
RNG	D	0.05%	0.16%	0.05%
RNST	C	0.07%	0.25%	0.07%
ROCK	D	0.06%	0.17%	0.06%
ROG	C	0.09%	0.13%	0.09%
RXRX	F	0.04%	0.05%	0.04%
RXST	D	0.07%	0.38%	0.07%
SASR	B	0.06%	0.27%	0.06%
SATS	B	0.05%	0.08%	0.05%
SBH	C	0.05%	0.23%	0.05%
SBRA	A	0.07%	0.07%	0.07%
SCL	D	0.12%	0.12%	0.12%
SHAK	D	0.07%	0.28%	0.07%
SHOO	C	0.12%	0.13%	0.12%
SITC	B	0.12%	0.06%	0.06%
SJW	D	0.1%	0.19%	0.1%
SKT	D	0.06%	0.12%	0.06%
SLG	B	0.09%	0.27%	0.09%
SLVM	C	0.05%	0.29%	0.05%
SMTC	C	0.04%	0.21%	0.04%
SNDR	B	0.24%	0.35%	0.24%
SPB	D	0.08%	0.32%	0.08%
SPR	B	0.06%	0.3%	0.06%
SPT	D	0.06%	0.04%	0.04%
SQSP	A	0.06%	0.16%	0.06%
SR	C	0.14%	0.26%	0.14%
STC	C	0.08%	0.12%	0.08%
STRL	C	0.09%	0.36%	0.09%
SXT	D	0.08%	0.07%	0.07%
TALO	D	0.07%	0.29%	0.07%
TBBK	B	0.06%	0.07%	0.06%
TDOC	F	0.05%	0.04%	0.04%
TDS	B	0.06%	0.08%	0.06%
TGI	B	0.05%	0.2%	0.05%
TGNA	D	0.18%	0.3%	0.18%
THRM	D	0.06%	0.06%	0.06%
THS	C	0.05%	0.19%	0.05%
TMDX	B	0.1%	0.26%	0.1%
TNC	C	0.07%	0.27%	0.07%
TNDM	D	0.07%	0.15%	0.07%
TNL	D	0.15%	0.3%	0.15%
TRN	C	0.09%	0.28%	0.09%
TWST	B	0.07%	0.27%	0.07%
UAA	F	0.05%	0.31%	0.05%
UEC	F	0.05%	0.06%	0.05%
UFPT	B	0.05%	0.34%	0.05%
UNIT	F	0.08%	0.09%	0.08%
VAC	F	0.08%	0.15%	0.08%
VBTX	B	0.05%	0.27%	0.05%
VCTR	D	0.05%	0.23%	0.05%
VECO	B	0.2%	0.26%	0.2%
VERX	A	0.06%	0.3%	0.06%
VRNT	C	0.09%	0.07%	0.07%
VRTS	C	0.06%	0.18%	0.06%
VSCO	F	0.04%	0.19%	0.04%
WD	B	0.07%	0.19%	0.07%
WERN	D	0.13%	0.24%	0.13%
WGO	F	0.12%	0.14%	0.12%
WHD	B	0.11%	0.14%	0.11%
WNC	D	0.06%	0.24%	0.06%
WRBY	B	0.05%	0.08%	0.05%
XHR	D	0.08%	0.18%	0.08%
XPRO	B	0.1%	0.08%	0.08%
XRX	F	0.06%	0.14%	0.06%
YELP	F	0.06%	0.06%	0.06%
ZD	F	0.09%	0.17%	0.09%

ESML Overweight 649 Positions Relative to FYX

Symbol	Grade	Weight
CASY	B	0.57%
JHG	A	0.44%
KBR	D	0.42%
USFD	C	0.4%
REXR	C	0.38%
INGR	D	0.37%
FTI	C	0.37%
GWRE	A	0.36%
EWBC	C	0.34%
SFM	A	0.34%
NTNX	C	0.33%
MUSA	B	0.33%
JLL	B	0.33%
ONTO	B	0.32%
FLEX	D	0.32%
OGS	C	0.32%
FIX	D	0.32%
OSK	D	0.32%
FRT	C	0.31%
BLD	D	0.31%
RGA	B	0.3%
SIGI	F	0.3%
RRC	C	0.29%
GPK	D	0.29%
SRPT	B	0.29%
BJ	B	0.29%
MDU	C	0.29%
SAIA	B	0.29%
WMS	D	0.29%
RGLD	C	0.29%
AVT	D	0.29%
CVNA	B	0.28%
WEX	D	0.28%
OHI	A	0.28%
UGI	D	0.28%
AYI	C	0.28%
CNM	D	0.28%
BMI	C	0.28%
AMG	C	0.27%
XPO	C	0.27%
WING	B	0.27%
AR	C	0.27%
BWXT	B	0.27%
ITT	D	0.27%
AXTA	D	0.27%
EHC	B	0.27%
ELF	B	0.26%
HAS	D	0.26%
SCI	C	0.26%
DCI	D	0.26%
R	B	0.26%
BFAM	C	0.25%
NJR	C	0.25%
RNR	D	0.25%
CRUS	A	0.25%
LSTR	B	0.25%
SNV	A	0.25%
IBKR	A	0.25%
MTG	B	0.25%
WFRD	B	0.25%
FCN	C	0.24%
LNW	B	0.24%
CROX	B	0.24%
ESTC	B	0.24%
HOG	F	0.24%
TPR	C	0.24%
SWN	D	0.24%
WBS	C	0.24%
SSB	C	0.23%
CMC	D	0.23%
EGP	B	0.23%
NVT	D	0.23%
COHR	B	0.23%
LECO	F	0.23%
IVZ	C	0.23%
SUM	D	0.23%
ARMK	B	0.23%
MTN	F	0.23%
PRGS	B	0.22%
FHN	B	0.22%
NOV	C	0.22%
PRI	B	0.22%
FND	F	0.22%
FELE	D	0.22%
ATR	D	0.22%
KBH	C	0.22%
WWD	C	0.22%
WHR	C	0.22%
PR	C	0.22%
TOL	D	0.22%
GBCI	C	0.22%
PNFP	C	0.22%
DTM	B	0.22%
NTRA	B	0.22%
ANF	B	0.21%
HRB	A	0.21%
NOVT	C	0.21%
MSA	B	0.21%
WSC	F	0.21%
MOG.A	C	0.21%
RHI	F	0.21%
AAON	B	0.21%
CUBE	B	0.21%
UMBF	C	0.21%
KLIC	B	0.2%
GATX	B	0.2%
CDP	A	0.2%
ACHC	F	0.2%
CW	B	0.2%
DLB	C	0.2%
ALK	D	0.2%
NFG	C	0.2%
WTS	D	0.2%
WCC	D	0.2%
UNM	C	0.2%
CHX	C	0.2%
CACI	B	0.2%
CBSH	C	0.2%
NNN	B	0.19%
CMA	C	0.19%
FRPT	A	0.19%
BWA	F	0.19%
KNSL	F	0.19%
VOYA	D	0.19%
NYT	A	0.19%
SPSC	C	0.19%
ALSN	C	0.19%
ENLC	B	0.19%
ELAN	D	0.19%
DAR	D	0.19%
ENSG	A	0.19%
AWI	D	0.19%
NSIT	B	0.19%
PVH	F	0.19%
VVV	B	0.19%
RHP	D	0.19%
OMF	C	0.19%
GPI	D	0.19%
PCVX	B	0.19%
NCLH	C	0.19%
M	D	0.18%
MORN	B	0.18%
ZWS	D	0.18%
AXS	B	0.18%
CVLT	A	0.18%
TTEK	C	0.18%
SITE	F	0.18%
FMC	F	0.18%
RMBS	C	0.18%
LFUS	C	0.18%
PLNT	B	0.18%
WK	F	0.18%
THC	B	0.18%
PCH	F	0.18%
CUZ	C	0.18%
MUR	D	0.18%
AEIS	B	0.18%
CR	C	0.18%
RLI	C	0.18%
MEDP	B	0.18%
RRX	F	0.18%
MKSI	B	0.18%
HHH	F	0.18%
EXLS	B	0.18%
FN	B	0.18%
BRKR	F	0.17%
TKO	B	0.17%
AM	B	0.17%
HRI	D	0.17%
MTH	D	0.17%
ONB	B	0.17%
ZION	C	0.17%
VNT	D	0.17%
AA	B	0.17%
WAL	B	0.17%
GKOS	A	0.17%
SPXC	B	0.17%
ASGN	D	0.17%
BERY	D	0.17%
LAD	D	0.17%
GNRC	C	0.17%
THG	C	0.16%
AGCO	F	0.16%
HQY	B	0.16%
X	C	0.16%
ATI	C	0.16%
GXO	D	0.16%
HXL	D	0.16%
GTLS	D	0.16%
BHE	B	0.16%
SF	B	0.15%
AFRM	F	0.15%
HESM	A	0.15%
EPRT	A	0.15%
UBSI	C	0.15%
ESI	B	0.15%
SLM	C	0.15%
ETRN	D	0.15%
PEN	F	0.15%
TMHC	D	0.15%
CGNX	B	0.15%
ALTR	B	0.15%
TPX	C	0.15%
GPS	C	0.15%
CHDN	B	0.15%
ATKR	F	0.15%
JAZZ	F	0.15%
BCC	F	0.15%
MTZ	C	0.15%
FSS	D	0.15%
FAF	D	0.15%
PCOR	C	0.15%
VFC	D	0.15%
ITCI	C	0.14%
BECN	D	0.14%
TPH	D	0.14%
THO	D	0.14%
GME	C	0.14%
WTM	C	0.14%
YETI	D	0.14%
APPF	B	0.14%
MMSI	A	0.14%
CYTK	D	0.14%
LPX	D	0.14%
FLS	D	0.14%
ITGR	C	0.14%
GTLB	C	0.14%
INSM	B	0.14%
FIVE	F	0.14%
CIEN	F	0.14%
MOD	B	0.14%
JXN	B	0.13%
WH	C	0.13%
TDC	C	0.13%
MAT	F	0.13%
LEA	F	0.13%
AVAV	C	0.13%
EVRI	C	0.13%
HAE	D	0.13%
RYAN	B	0.13%
CADE	C	0.13%
KTB	D	0.13%
OPCH	D	0.13%
IBCP	B	0.13%
FTAI	A	0.13%
BCPC	A	0.13%
SON	F	0.13%
OGN	C	0.13%
AGNC	A	0.13%
BOX	C	0.13%
VLY	D	0.13%
DBX	D	0.13%
OZK	D	0.13%
NPO	D	0.13%
CHE	D	0.13%
AZEK	D	0.13%
NXT	D	0.13%
SWX	D	0.13%
FUL	D	0.12%
TENB	C	0.12%
XENE	F	0.12%
ABG	D	0.12%
IRDM	D	0.12%
PFSI	B	0.12%
VMI	B	0.12%
BRX	B	0.12%
ZI	F	0.12%
VKTX	D	0.12%
ORI	C	0.12%
HALO	B	0.12%
CBT	D	0.12%
ACA	D	0.12%
VC	D	0.12%
DXC	C	0.12%
BLKB	D	0.12%
SMAR	B	0.12%
EVR	A	0.11%
PBF	D	0.11%
S	C	0.11%
SIG	D	0.11%
KNF	D	0.11%
ORA	C	0.11%
OLED	A	0.11%
STWD	C	0.11%
KD	B	0.11%
ADT	B	0.11%
DV	D	0.11%
FLO	D	0.11%
FYBR	B	0.11%
KAR	C	0.11%
TREX	F	0.11%
AL	D	0.11%
TRNO	B	0.11%
LNTH	B	0.11%
RXO	B	0.11%
SLAB	F	0.11%
SOFI	F	0.11%
PSN	B	0.1%
KRC	D	0.1%
HWC	C	0.1%
ERII	F	0.1%
WEN	F	0.1%
CIVI	C	0.1%
COLB	C	0.1%
BILL	F	0.1%
BPMC	A	0.1%
WDFC	D	0.1%
LNC	B	0.1%
AMED	B	0.1%
MARA	B	0.1%
DNLI	C	0.1%
FLR	B	0.1%
DUOL	D	0.1%
ALKS	D	0.1%
TNET	F	0.1%
AEO	F	0.1%
ST	D	0.1%
CPF	A	0.1%
NXST	C	0.1%
CRSP	F	0.1%
TXRH	B	0.1%
GMED	B	0.1%
AIT	B	0.1%
ADC	B	0.1%
GL	C	0.1%
ECPG	D	0.1%
IBP	D	0.1%
SSD	F	0.1%
LYFT	F	0.1%
AN	C	0.09%
BXMT	C	0.09%
BRBR	C	0.09%
MTSI	A	0.09%
PGNY	D	0.09%
MGRC	D	0.09%
VITL	B	0.09%
ESNT	B	0.09%
PRKS	B	0.09%
LEG	F	0.09%
ARW	D	0.09%
RDN	B	0.09%
JEF	A	0.09%
HR	B	0.09%
WOLF	F	0.09%
W	D	0.09%
AMAL	B	0.09%
FR	C	0.09%
FIVN	D	0.09%
POST	C	0.09%
WU	C	0.09%
POWI	F	0.09%
ABCB	B	0.09%
RDUS	F	0.09%
AAP	F	0.09%
TEX	D	0.09%
RVMD	D	0.08%
MAC	D	0.08%
PRGO	F	0.08%
LBRDA	C	0.08%
GH	C	0.08%
CLNE	D	0.08%
RNA	B	0.08%
SEE	F	0.08%
BC	F	0.08%
KE	F	0.08%
ARWR	C	0.08%
FROG	C	0.08%
NARI	C	0.08%
PLYA	D	0.08%
CCCS	D	0.08%
AZTA	D	0.08%
EYE	F	0.08%
MAN	D	0.08%
WOOF	C	0.08%
IMAX	B	0.08%
RL	C	0.08%
CRVL	B	0.08%
CFR	C	0.08%
CAC	B	0.08%
ALTM	F	0.08%
PEGA	D	0.08%
XRAY	F	0.08%
KRYS	B	0.08%
BHVN	F	0.08%
BPOP	C	0.08%
MOV	D	0.08%
SONO	F	0.08%
INFA	B	0.07%
FTRE	D	0.07%
HGV	D	0.07%
VSEC	B	0.07%
NTLA	F	0.07%
NABL	B	0.07%
AVNT	D	0.07%
NWL	F	0.07%
CERE	C	0.07%
AVDX	B	0.07%
NRIX	C	0.07%
APG	C	0.07%
LBPH	B	0.07%
TMCI	F	0.07%
LCID	D	0.07%
NEP	F	0.07%
INSP	F	0.07%
LITE	B	0.07%
CPRI	D	0.07%
COLM	D	0.07%
CLB	B	0.07%
VREX	F	0.07%
CHH	B	0.07%
CLVT	F	0.07%
CAVA	B	0.07%
PDFS	B	0.07%
VRRM	B	0.07%
COLD	C	0.07%
PD	B	0.07%
CC	F	0.07%
TROX	D	0.07%
DRS	B	0.07%
LOPE	C	0.07%
FL	D	0.07%
PRVA	D	0.07%
BL	D	0.07%
IRON	C	0.07%
OLLI	B	0.07%
PDM	B	0.06%
AMC	C	0.06%
DRQ	F	0.06%
AGO	B	0.06%
IVR	B	0.06%
PYCR	D	0.06%
MXL	B	0.06%
SHC	C	0.06%
FOUR	B	0.06%
NUVL	C	0.06%
WT	B	0.06%
SNDX	C	0.06%
DYN	B	0.06%
CATC	B	0.06%
SG	C	0.06%
WKC	B	0.06%
RCKT	F	0.06%
RKLB	C	0.06%
MNKD	B	0.06%
COKE	B	0.06%
PETQ	A	0.06%
FFIN	C	0.06%
INTA	B	0.06%
AORT	B	0.06%
SGH	B	0.06%
AI	B	0.06%
VRNS	B	0.06%
STAA	B	0.06%
AUR	C	0.06%
CLH	B	0.06%
ACEL	D	0.06%
MLTX	F	0.06%
EPR	C	0.06%
ARKO	C	0.06%
HIBB	A	0.06%
GTES	D	0.06%
CWK	D	0.06%
MLNK	B	0.06%
RCM	F	0.06%
PTEN	F	0.06%
KREF	F	0.06%
AVPT	A	0.06%
PRTA	F	0.06%
CNXC	C	0.06%
MHK	D	0.06%
MDGL	B	0.06%
CECO	B	0.06%
BWIN	A	0.06%
VNO	B	0.06%
NEOG	C	0.06%
INFN	B	0.06%
EXPO	B	0.06%
ROIV	D	0.06%
UNFI	C	0.06%
AGL	D	0.06%
ZEUS	F	0.06%
RUN	D	0.06%
TKR	D	0.06%
VVX	D	0.06%
PECO	C	0.06%
HZO	C	0.06%
NTGR	B	0.06%
FNB	C	0.06%
SEM	A	0.06%
WTFC	C	0.06%
RARE	D	0.06%
IMVT	F	0.05%
PRAA	F	0.05%
RIG	F	0.05%
LUMN	D	0.05%
QS	F	0.05%
CSTL	D	0.05%
BBIO	F	0.05%
HAFC	B	0.05%
ASTE	F	0.05%
XPER	D	0.05%
DIN	F	0.05%
ASPN	D	0.05%
SMP	F	0.05%
RCUS	F	0.05%
ETNB	F	0.05%
MTW	F	0.05%
MEG	C	0.05%
SM	D	0.05%
MNRO	F	0.05%
VERA	D	0.05%
FNA	F	0.05%
GT	F	0.05%
LIVN	D	0.05%
AXL	F	0.05%
MTDR	C	0.05%
JANX	D	0.05%
FRSH	D	0.05%
EMBC	D	0.05%
ARRY	F	0.05%
BRY	D	0.05%
OFIX	D	0.05%
PAHC	C	0.05%
SIBN	D	0.05%
RUSHB	F	0.05%
VYX	C	0.05%
UPWK	D	0.05%
RUSHA	D	0.05%
ATEN	C	0.05%
ASAN	D	0.05%
VAL	B	0.05%
DAWN	F	0.05%
CNMD	F	0.05%
KURA	D	0.05%
FLGT	F	0.05%
HCC	C	0.05%
SVRA	D	0.05%
ETWO	D	0.05%
ASH	D	0.05%
EWCZ	F	0.05%
HAIN	D	0.05%
MHO	D	0.05%
CLW	C	0.05%
RYN	D	0.05%
CDE	B	0.05%
NYCB	D	0.05%
QLYS	D	0.05%
MEI	F	0.05%
PHAT	C	0.05%
MRC	C	0.05%
BGC	C	0.05%
ZYME	F	0.05%
VVI	D	0.05%
APLS	F	0.05%
UPST	F	0.05%
CCRN	F	0.05%
LGF.A	D	0.05%
ATEC	F	0.05%
MMI	F	0.05%
CRMT	D	0.05%
AWR	D	0.05%
TILE	C	0.05%
PRLB	F	0.05%
BDN	C	0.05%
ZUO	C	0.05%
VSTS	F	0.05%
ARQT	B	0.05%
FLYW	F	0.05%
PLOW	F	0.05%
KELYA	D	0.05%
PNTG	A	0.05%
HBI	C	0.05%
VNOM	C	0.05%
EWTX	C	0.05%
CCOI	D	0.05%
CAR	F	0.05%
LBTYK	B	0.05%
KMPR	C	0.05%
BYD	F	0.05%
AHH	C	0.05%
MASI	F	0.05%
EGY	C	0.05%
EDR	A	0.05%
KROS	F	0.05%
BRZE	D	0.05%
MTTR	C	0.05%
VRDN	F	0.05%
RBBN	B	0.05%
EVBG	B	0.05%
EE	B	0.05%
KVYO	B	0.05%
CRAI	B	0.05%
ATRC	C	0.05%
MBUU	F	0.05%
COOP	D	0.05%
SWTX	D	0.05%
ELVN	C	0.05%
XPEL	F	0.05%
DCO	B	0.05%
AXSM	B	0.05%
ACLX	C	0.05%
BE	F	0.05%
MQ	C	0.05%
RH	D	0.05%
SFBS	C	0.05%
DLX	B	0.05%
ICHR	C	0.05%
NVST	F	0.05%
SMPL	D	0.05%
ALHC	B	0.05%
GPRE	F	0.04%
SEDG	F	0.04%
PBI	A	0.04%
AMBC	F	0.04%
PLRX	F	0.04%
CGEM	D	0.04%
NVCR	D	0.04%
PLUG	F	0.04%
CMP	F	0.04%
CXM	D	0.04%
HL	D	0.04%
APGE	D	0.04%
NFE	F	0.04%
XNCR	F	0.04%
QDEL	F	0.04%
SYM	D	0.04%
TXG	F	0.04%
ARCT	F	0.04%
TARS	D	0.04%
ESTA	D	0.04%
LESL	F	0.04%
ALEC	F	0.04%
MYE	F	0.04%
CERT	D	0.04%
ALV	D	0.04%
COMP	D	0.04%
MTUS	D	0.04%
NVAX	C	0.04%
SKY	F	0.04%
FSLY	F	0.04%
NUVB	D	0.04%
RIOT	D	0.04%
DGII	D	0.04%
SAVA	F	0.03%
CYRX	F	0.03%
HOUS	F	0.03%
SANA	F	0.03%
MC	A	0.02%
GDOT	D	0.01%

ESML Underweight 247 Positions Relative to FYX

Symbol	Grade	Weight
ADMA	B	-0.55%
USM	B	-0.51%
USLM	B	-0.4%
SGBX	F	-0.39%
SKYW	B	-0.39%
AGIO	B	-0.39%
PRDO	C	-0.39%
CRK	D	-0.38%
SMMT	C	-0.38%
LILAK	B	-0.36%
INVA	B	-0.35%
ABR	B	-0.35%
NMIH	A	-0.34%
ATSG	D	-0.33%
DIOD	C	-0.33%
PHIN	D	-0.33%
LZB	B	-0.32%
SKWD	C	-0.32%
SPNT	D	-0.32%
WMK	D	-0.32%
VSH	F	-0.32%
CMPR	B	-0.32%
ROAD	C	-0.32%
ARCH	C	-0.31%
SCHL	D	-0.31%
EIG	B	-0.31%
GRBK	C	-0.31%
ZETA	B	-0.31%
VCEL	D	-0.3%
GHC	D	-0.3%
MBIN	C	-0.3%
RC	C	-0.3%
UVV	D	-0.3%
APOG	C	-0.29%
GFF	C	-0.29%
CASH	B	-0.29%
LPG	D	-0.29%
INSW	B	-0.29%
IMKTA	F	-0.29%
TRMK	C	-0.28%
KN	C	-0.28%
BZH	F	-0.28%
COLL	C	-0.28%
AMRX	C	-0.28%
DSGR	D	-0.28%
LMND	D	-0.27%
RLJ	D	-0.27%
BNL	B	-0.27%
HTLD	C	-0.27%
STBA	B	-0.27%
WSFS	A	-0.27%
AX	C	-0.27%
GDEN	F	-0.27%
TCBK	B	-0.27%
NSSC	A	-0.26%
FCF	C	-0.26%
EBC	B	-0.26%
FOR	F	-0.26%
OSIS	C	-0.26%
NWE	D	-0.26%
CATY	C	-0.26%
MRTN	C	-0.26%
HUBG	B	-0.26%
PEBO	C	-0.26%
HE	F	-0.26%
KMT	D	-0.25%
LMAT	B	-0.25%
FHI	C	-0.25%
ADNT	F	-0.25%
SAH	D	-0.25%
TGLS	C	-0.25%
GEO	C	-0.25%
ENVA	B	-0.25%
PFBC	C	-0.25%
FWRG	F	-0.24%
KRUS	F	-0.24%
MSGE	D	-0.24%
HOPE	C	-0.24%
AGM	C	-0.24%
WSBC	C	-0.24%
CDRE	C	-0.24%
ANIP	C	-0.24%
LTH	B	-0.24%
RYTM	B	-0.24%
FRME	C	-0.24%
OCFC	B	-0.24%
NHC	A	-0.23%
HEES	F	-0.23%
GIC	F	-0.23%
CENTA	D	-0.23%
NAVI	D	-0.22%
PARR	D	-0.22%
SSTK	F	-0.22%
ALGT	F	-0.22%
LGND	B	-0.22%
CSWI	B	-0.22%
ALKT	A	-0.22%
JBI	D	-0.22%
CXW	D	-0.21%
SNEX	C	-0.21%
TRIP	D	-0.21%
ECVT	F	-0.21%
BOWL	B	-0.21%
UNF	B	-0.2%
SCS	B	-0.2%
SRCE	B	-0.2%
ODP	D	-0.2%
CTOS	F	-0.2%
OFG	A	-0.2%
LGIH	F	-0.2%
EQC	B	-0.2%
GES	F	-0.19%
TPG	D	-0.19%
TRS	D	-0.19%
WAFD	C	-0.19%
PCRX	F	-0.19%
RYI	F	-0.19%
GPOR	C	-0.19%
DEI	C	-0.19%
TOWN	C	-0.19%
GTY	D	-0.19%
NWBI	B	-0.19%
BUSE	B	-0.19%
DFH	F	-0.19%
AMK	B	-0.19%
GBDC	C	-0.19%
NX	F	-0.19%
LAUR	C	-0.19%
PNM	D	-0.19%
SMG	D	-0.18%
PATK	D	-0.18%
LKFN	C	-0.18%
BKE	D	-0.18%
NMRK	C	-0.18%
MCRI	D	-0.18%
RRR	B	-0.18%
THR	D	-0.18%
FHB	C	-0.18%
DBRG	D	-0.18%
GTX	C	-0.17%
FBNC	C	-0.17%
PLAB	D	-0.17%
SFNC	C	-0.17%
SXI	D	-0.17%
TGTX	B	-0.16%
JBLU	B	-0.16%
MATW	F	-0.16%
OLPX	D	-0.16%
TTMI	B	-0.16%
HTLF	B	-0.16%
HTZ	F	-0.15%
WOR	F	-0.15%
DO	B	-0.15%
OSW	B	-0.15%
CEIX	B	-0.15%
DRVN	C	-0.15%
STRA	D	-0.14%
HLF	C	-0.14%
NNI	C	-0.14%
IIPR	B	-0.14%
NHI	A	-0.14%
HLIO	D	-0.14%
NVEE	F	-0.13%
UCBI	C	-0.13%
COHU	B	-0.13%
FWRD	D	-0.13%
KALU	C	-0.13%
HTH	C	-0.13%
CNXN	D	-0.13%
TCBI	C	-0.13%
IBTX	B	-0.13%
BLMN	F	-0.13%
FBK	B	-0.13%
SYBT	B	-0.13%
HURN	B	-0.13%
CHCO	B	-0.13%
ALEX	B	-0.13%
OXM	D	-0.12%
PEB	D	-0.12%
VICR	F	-0.12%
PHR	F	-0.12%
ARI	D	-0.12%
SBCF	C	-0.12%
SHEN	C	-0.12%
GIII	F	-0.12%
SHO	D	-0.12%
JOE	D	-0.12%
NIC	C	-0.12%
HRMY	C	-0.12%
DORM	C	-0.12%
SWI	B	-0.12%
FDP	D	-0.11%
CVCO	D	-0.11%
DRH	D	-0.11%
ALRM	D	-0.11%
ADV	D	-0.1%
PTVE	D	-0.1%
OI	F	-0.09%
BXC	F	-0.09%
CBRL	F	-0.08%
BROS	B	-0.08%
AIV	B	-0.07%
PRK	A	-0.07%
LADR	A	-0.07%
MCY	C	-0.07%
ALX	B	-0.07%
CTRE	C	-0.07%
CHEF	A	-0.07%
AKR	A	-0.07%
NSA	B	-0.07%
VIRT	C	-0.07%
CARG	B	-0.07%
EVTC	D	-0.06%
NTCT	D	-0.06%
CLBK	D	-0.06%
KFRC	D	-0.06%
NTST	D	-0.06%
YOU	B	-0.06%
HMN	D	-0.06%
MP	D	-0.06%
BMBL	F	-0.06%
SAFT	D	-0.06%
CRSR	F	-0.06%
MCW	F	-0.06%
NGVT	F	-0.06%
PPBI	C	-0.06%
PMT	C	-0.06%
GNW	D	-0.06%
VGR	B	-0.06%
UMH	A	-0.06%
MGEE	D	-0.06%
IVT	C	-0.06%
WABC	C	-0.06%
TR	C	-0.06%
ROIC	B	-0.06%
ASTH	B	-0.06%
BANF	C	-0.06%
XMTR	F	-0.05%
GSAT	D	-0.05%
UDMY	D	-0.05%
SUPN	F	-0.05%
ATUS	F	-0.05%
RES	F	-0.05%
LOB	C	-0.05%
CMTG	D	-0.05%
OPEN	F	-0.04%
SRRK	F	-0.03%