ESML vs. IYJ ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to iShares U.S. Industrials ETF (IYJ)

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

$44.57

Average Daily Volume

91,296

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

IYJ

iShares U.S. Industrials ETF

IYJ Description

The investment seeks to track the investment results of an index composed of U.S. equities in the industrials sector. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Industrials Index (the "underlying index"), which measures the performance of the industrials sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$141.20

Average Daily Volume

38,345

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

Performance

Period	ESML	IYJ
30 Days	3.80%	1.46%
60 Days	5.02%	5.33%
90 Days	8.82%	10.03%
12 Months	30.84%	33.21%

69 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in IYJ	Overlap
AAON	B	0.25%	0.13%	0.13%
ADT	B	0.12%	0.03%	0.03%
AFRM	A	0.23%	0.19%	0.19%
AGCO	F	0.13%	0.08%	0.08%
AL	B	0.1%	0.07%	0.07%
ALSN	B	0.26%	0.15%	0.15%
APG	C	0.06%	0.12%	0.06%
ATI	C	0.14%	0.1%	0.1%
ATR	B	0.24%	0.16%	0.16%
AWI	A	0.23%	0.1%	0.1%
AXTA	B	0.27%	0.13%	0.13%
AYI	B	0.34%	0.14%	0.14%
AZEK	B	0.13%	0.09%	0.09%
BC	F	0.07%	0.08%	0.07%
BERY	C	0.17%	0.11%	0.11%
BILL	A	0.14%	0.12%	0.12%
BLD	F	0.26%	0.16%	0.16%
BWXT	B	0.3%	0.17%	0.17%
CGNX	D	0.1%	0.1%	0.1%
CNM	C	0.22%	0.12%	0.12%
CR	A	0.19%	0.12%	0.12%
CW	B	0.23%	0.2%	0.2%
DCI	B	0.25%	0.13%	0.13%
ECG	D	0.15%	0.04%	0.04%
EXP	B	0.06%	0.14%	0.06%
FCN	D	0.19%	0.1%	0.1%
FIX	A	0.38%	0.22%	0.22%
FLS	A	0.16%	0.11%	0.11%
FOUR	A	0.06%	0.09%	0.06%
GNRC	B	0.22%	0.15%	0.15%
GPK	D	0.26%	0.12%	0.12%
GTES	A	0.07%	0.06%	0.06%
GXO	B	0.16%	0.1%	0.1%
HAYW	B	0.05%	0.03%	0.03%
ITT	B	0.28%	0.18%	0.18%
LECO	C	0.2%	0.16%	0.16%
LFUS	D	0.14%	0.09%	0.09%
LPX	B	0.17%	0.1%	0.1%
LSTR	D	0.21%	0.09%	0.09%
MAN	F	0.06%	0.04%	0.04%
MHK	D	0.07%	0.11%	0.07%
MKSI	C	0.14%	0.1%	0.1%
MSA	D	0.17%	0.09%	0.09%
MTZ	A	0.17%	0.12%	0.12%
NVT	C	0.19%	0.17%	0.17%
OSK	C	0.3%	0.1%	0.1%
PCTY	B	0.2%	0.12%	0.12%
R	B	0.29%	0.1%	0.1%
RHI	C	0.21%	0.11%	0.11%
RRX	B	0.15%	0.16%	0.15%
SAIA	C	0.28%	0.2%	0.2%
SEE	D	0.07%	0.07%	0.07%
SNDR	A	0.19%	0.02%	0.02%
SON	D	0.11%	0.07%	0.07%
SPR	D	0.05%	0.05%	0.05%
SSD	D	0.1%	0.11%	0.1%
ST	F	0.08%	0.07%	0.07%
TREX	C	0.07%	0.11%	0.07%
TTEK	F	0.16%	0.16%	0.16%
VMI	B	0.13%	0.1%	0.1%
VNT	C	0.15%	0.08%	0.08%
VSTS	F	0.05%	0.03%	0.03%
WCC	B	0.24%	0.13%	0.13%
WEX	F	0.25%	0.11%	0.11%
WMS	F	0.21%	0.13%	0.13%
WSC	F	0.17%	0.09%	0.09%
WU	F	0.07%	0.04%	0.04%
WWD	B	0.19%	0.15%	0.15%
XPO	B	0.33%	0.24%	0.24%

ESML Overweight 835 Positions Relative to IYJ

Symbol	Grade	Weight
CASY	A	0.52%
JHG	B	0.51%
USFD	A	0.49%
CVNA	B	0.48%
SFM	B	0.43%
GWRE	A	0.43%
INGR	B	0.42%
EWBC	A	0.4%
NTNX	B	0.36%
KBR	F	0.35%
FTI	A	0.35%
JLL	D	0.34%
MUSA	B	0.34%
FLEX	A	0.33%
IBKR	A	0.32%
FRT	B	0.31%
REXR	F	0.31%
NTRA	A	0.31%
OGS	A	0.31%
GBCI	B	0.3%
BMI	B	0.3%
RGA	B	0.3%
PNFP	B	0.3%
SNV	B	0.3%
SIGI	C	0.29%
TPR	B	0.29%
EHC	B	0.29%
RGLD	C	0.29%
SUM	B	0.28%
CNX	A	0.28%
DTM	A	0.28%
COHR	B	0.28%
SCI	B	0.27%
TOL	B	0.27%
AVT	C	0.27%
UMBF	B	0.27%
WBS	A	0.27%
SSB	B	0.27%
MWA	B	0.25%
UNM	A	0.25%
RRC	B	0.25%
BJ	B	0.25%
PRGS	B	0.24%
FTAI	A	0.24%
UGI	C	0.24%
RNR	C	0.24%
MOG.A	B	0.24%
IVZ	B	0.24%
HRI	C	0.24%
NCLH	B	0.24%
REZI	A	0.23%
CBSH	B	0.23%
ARMK	B	0.23%
PRI	B	0.23%
EXLS	B	0.23%
ALK	A	0.23%
FHN	B	0.23%
THC	C	0.23%
MTG	C	0.23%
SOFI	A	0.22%
FTDR	A	0.22%
LAD	B	0.22%
FELE	B	0.22%
WAL	B	0.22%
CMC	B	0.22%
CVLT	A	0.22%
AR	B	0.22%
EGP	D	0.21%
CDP	D	0.21%
CMA	B	0.21%
CACI	D	0.21%
WTS	B	0.21%
INSM	C	0.21%
PCVX	D	0.21%
ONTO	F	0.21%
CUZ	B	0.21%
GME	C	0.21%
NJR	A	0.21%
ITRI	B	0.2%
CNO	B	0.2%
HOG	F	0.2%
FND	D	0.2%
BDC	B	0.2%
KNSL	B	0.2%
WHR	B	0.2%
FBP	B	0.2%
PLNT	A	0.2%
KBH	D	0.2%
TGNA	B	0.2%
MTN	C	0.2%
CUBE	D	0.2%
OMF	A	0.2%
NFG	A	0.2%
ZION	B	0.2%
BHLB	B	0.2%
ENSG	D	0.2%
RLI	A	0.2%
HHH	B	0.2%
WK	C	0.2%
BFAM	F	0.2%
ZWS	B	0.2%
AVA	C	0.19%
PR	B	0.19%
AMG	B	0.19%
WING	F	0.19%
CIEN	B	0.19%
LUMN	C	0.19%
HAS	D	0.19%
ONB	B	0.19%
AXS	A	0.19%
HRB	D	0.19%
LNW	F	0.19%
OHI	C	0.19%
DAR	C	0.19%
FRPT	B	0.19%
GPI	B	0.19%
AA	A	0.19%
NOVT	D	0.19%
RHP	B	0.19%
BANR	B	0.18%
SF	B	0.18%
SRPT	F	0.18%
NYT	D	0.18%
BWA	D	0.18%
SPXC	A	0.18%
THG	A	0.18%
GKOS	A	0.18%
KNTK	A	0.18%
MORN	B	0.18%
DUOL	A	0.18%
EPRT	A	0.18%
MDU	D	0.18%
VFC	C	0.18%
ENLC	A	0.18%
MTH	D	0.17%
AEIS	B	0.17%
LAZ	B	0.17%
CHX	C	0.17%
FN	C	0.17%
PCH	D	0.17%
TMHC	C	0.17%
PCOR	C	0.17%
PEN	B	0.17%
ESTC	C	0.17%
PLXS	B	0.17%
ASB	B	0.17%
VVV	D	0.17%
UBSI	B	0.17%
GATX	A	0.17%
KTB	B	0.16%
DLB	B	0.16%
RGEN	D	0.16%
BRX	A	0.16%
MYRG	C	0.16%
DBX	C	0.16%
FAF	A	0.16%
EAT	A	0.16%
HQY	A	0.16%
TNL	B	0.16%
SPSC	D	0.16%
TKO	A	0.16%
ACIW	B	0.16%
SLM	A	0.16%
BCC	C	0.16%
BHE	B	0.16%
JAZZ	B	0.16%
SITE	F	0.16%
ELAN	D	0.16%
VOYA	B	0.16%
PVH	D	0.16%
CFLT	B	0.15%
VLY	B	0.15%
CADE	B	0.15%
WH	B	0.15%
MEDP	F	0.15%
CRUS	F	0.15%
CROX	F	0.15%
CPF	B	0.15%
MMSI	A	0.15%
FSS	B	0.15%
ANF	F	0.15%
AM	A	0.15%
FIBK	A	0.15%
CRS	A	0.15%
NOV	C	0.15%
LSCC	F	0.15%
HNI	A	0.15%
ITCI	B	0.15%
MOD	B	0.15%
WFRD	F	0.15%
GTLB	B	0.15%
PINC	B	0.14%
OZK	B	0.14%
HXL	F	0.14%
BECN	B	0.14%
X	C	0.14%
CHDN	B	0.14%
GTLS	A	0.14%
ESI	B	0.14%
CHE	D	0.14%
SR	A	0.14%
RYAN	B	0.14%
TPH	D	0.14%
SMAR	A	0.14%
PRIM	A	0.14%
ACA	A	0.14%
ALTR	B	0.14%
RMBS	C	0.14%
IBCP	B	0.14%
IDCC	B	0.14%
ASGN	F	0.14%
TPX	B	0.14%
CZR	F	0.14%
JXN	C	0.14%
FMC	D	0.14%
NSIT	F	0.13%
AVAV	C	0.13%
M	F	0.13%
HESM	A	0.13%
BRKR	F	0.13%
EPAC	B	0.13%
CAVA	C	0.13%
AIT	B	0.13%
MAT	D	0.13%
STRL	B	0.13%
CBT	C	0.13%
PDCO	F	0.13%
FYBR	C	0.13%
LRN	A	0.13%
ORI	A	0.13%
KNF	B	0.13%
KLIC	C	0.13%
SWX	A	0.13%
ITGR	B	0.13%
CYTK	D	0.13%
CPK	A	0.13%
MUR	D	0.13%
BOX	B	0.13%
NPO	A	0.13%
WTM	A	0.13%
BCPC	B	0.13%
ELF	C	0.13%
COLB	B	0.13%
CABO	B	0.13%
HIW	D	0.13%
CVBF	A	0.12%
AGNC	C	0.12%
OLLI	D	0.12%
EVR	B	0.12%
DFIN	D	0.12%
YETI	D	0.12%
IRDM	F	0.12%
QTWO	A	0.12%
KOS	D	0.12%
RKLB	B	0.12%
WGO	D	0.12%
WHD	B	0.12%
BLKB	C	0.12%
S	C	0.12%
GL	C	0.12%
ABG	B	0.12%
CRDO	C	0.12%
WERN	B	0.12%
THO	C	0.12%
MTX	C	0.12%
GAP	D	0.12%
HAE	C	0.12%
FULT	B	0.12%
CSGS	B	0.11%
PEGA	B	0.11%
PATH	C	0.11%
TXRH	B	0.11%
JEF	A	0.11%
DXC	C	0.11%
ORA	B	0.11%
KRC	C	0.11%
GMED	A	0.11%
ABCB	B	0.11%
AUB	B	0.11%
VKTX	F	0.11%
LYFT	C	0.11%
XENE	D	0.11%
WDFC	B	0.11%
SHOO	D	0.11%
CRNX	B	0.11%
APPF	C	0.11%
ECPG	C	0.11%
EFSC	B	0.11%
ADC	A	0.11%
MRCY	C	0.11%
HALO	F	0.11%
LBRDA	C	0.11%
KAR	B	0.11%
VC	F	0.1%
RXO	C	0.1%
CFR	B	0.1%
NWL	B	0.1%
TDC	D	0.1%
HASI	F	0.1%
ERII	D	0.1%
PJT	B	0.1%
AROC	A	0.1%
SCL	D	0.1%
RVMD	B	0.1%
HCP	B	0.1%
BRBR	A	0.1%
TENB	D	0.1%
ALKS	C	0.1%
TRN	B	0.1%
FA	C	0.1%
DV	C	0.1%
CAC	B	0.1%
STWD	C	0.1%
FUL	F	0.1%
VECO	F	0.1%
NXT	C	0.1%
SLG	B	0.1%
ETSY	D	0.1%
DY	D	0.1%
BHVN	C	0.1%
DNLI	D	0.1%
DRS	B	0.1%
APAM	B	0.1%
CRC	A	0.1%
LITE	B	0.1%
PFSI	D	0.1%
FLR	B	0.1%
TRNO	D	0.1%
RDUS	C	0.1%
CCOI	B	0.1%
RDNT	B	0.1%
KD	A	0.1%
SIG	C	0.1%
AMAL	B	0.1%
LCII	C	0.1%
ALTM	C	0.1%
PSN	D	0.1%
LNTH	C	0.1%
FIVE	F	0.1%
LEA	F	0.1%
VNO	C	0.09%
OGN	F	0.09%
AMED	F	0.09%
RNA	C	0.09%
ABM	B	0.09%
NMIH	C	0.09%
UPST	B	0.09%
U	C	0.09%
ARW	D	0.09%
KFY	B	0.09%
CNK	A	0.09%
WEN	D	0.09%
POST	C	0.09%
SHAK	C	0.09%
RDN	D	0.09%
MGRC	B	0.09%
FR	D	0.09%
CURB	D	0.09%
SLAB	F	0.09%
ZI	C	0.09%
MTSI	B	0.09%
OPCH	F	0.09%
ESE	B	0.09%
NXST	D	0.09%
RL	C	0.09%
SJW	F	0.09%
ATKR	D	0.09%
HWC	B	0.09%
MARA	B	0.09%
CRVL	A	0.09%
BRC	C	0.09%
IMAX	A	0.09%
IBP	D	0.09%
LNC	B	0.09%
POWL	C	0.09%
ACHC	F	0.09%
EVRI	A	0.08%
AVPT	A	0.08%
AMWD	B	0.08%
SBRA	B	0.08%
BXMT	C	0.08%
ICUI	D	0.08%
OLED	F	0.08%
KTOS	C	0.08%
KOP	C	0.08%
ICFI	F	0.08%
AUR	C	0.08%
EWTX	C	0.08%
BPMC	C	0.08%
IESC	B	0.08%
BL	C	0.08%
TILE	A	0.08%
TBBK	B	0.08%
SPB	C	0.08%
IOSP	C	0.08%
ACLX	C	0.08%
SNX	C	0.08%
CRSP	D	0.08%
VSEC	B	0.08%
BPOP	C	0.08%
INTA	A	0.08%
ALG	C	0.08%
SASR	B	0.08%
TNET	C	0.08%
PLYA	B	0.08%
PRVA	C	0.08%
LBPH	A	0.08%
TEX	D	0.08%
INDB	B	0.08%
CHWY	B	0.08%
INSP	F	0.08%
ENOV	C	0.08%
VAC	C	0.08%
TDS	B	0.08%
PIPR	B	0.08%
TARS	C	0.08%
PRKS	B	0.08%
BWIN	C	0.08%
AEO	F	0.08%
HR	C	0.08%
NTGR	B	0.08%
UNIT	B	0.08%
BOH	B	0.08%
LNN	B	0.08%
STC	B	0.08%
MAC	A	0.08%
PRCT	B	0.08%
JBT	A	0.08%
DOCS	C	0.08%
GVA	A	0.08%
ZD	B	0.08%
PLMR	A	0.08%
MIR	A	0.08%
RNST	B	0.08%
DEA	D	0.07%
AAT	A	0.07%
SKT	A	0.07%
EE	A	0.07%
HI	C	0.07%
GBX	B	0.07%
RARE	F	0.07%
LBRDK	C	0.07%
UEC	B	0.07%
CWEN	C	0.07%
GT	C	0.07%
HGV	C	0.07%
ESRT	C	0.07%
PECO	B	0.07%
HAFC	B	0.07%
COLM	C	0.07%
VSCO	A	0.07%
CWK	C	0.07%
BDN	C	0.07%
ESNT	D	0.07%
VVX	C	0.07%
ENR	A	0.07%
SONO	C	0.07%
AVNT	B	0.07%
PRGO	C	0.07%
ZYME	C	0.07%
ROG	D	0.07%
SEM	B	0.07%
ALHC	C	0.07%
AZTA	D	0.07%
HIMS	C	0.07%
HWKN	B	0.07%
GH	B	0.07%
BROS	A	0.07%
XHR	B	0.07%
FIVN	C	0.07%
ATRC	C	0.07%
VCTR	B	0.07%
HBI	A	0.07%
CTS	C	0.07%
WTFC	B	0.07%
WRBY	A	0.07%
AN	D	0.07%
PI	D	0.07%
SXT	C	0.07%
CCCS	B	0.07%
NWN	A	0.07%
AZZ	A	0.07%
OUT	A	0.07%
PAR	A	0.07%
UNFI	A	0.07%
ATGE	B	0.06%
MTRN	C	0.06%
CBZ	B	0.06%
VRRM	F	0.06%
CAR	C	0.06%
FNA	B	0.06%
WT	A	0.06%
SG	B	0.06%
AAP	D	0.06%
TMCI	C	0.06%
DLX	B	0.06%
CLSK	C	0.06%
IRON	B	0.06%
PRO	C	0.06%
DCO	B	0.06%
VERA	C	0.06%
RBBN	B	0.06%
VRTS	B	0.06%
PBF	D	0.06%
SATS	D	0.06%
W	D	0.06%
MBUU	C	0.06%
PTCT	B	0.06%
PLAY	D	0.06%
EXPO	D	0.06%
AXSM	B	0.06%
MOV	D	0.06%
AGIO	C	0.06%
NRIX	C	0.06%
LXP	D	0.06%
VRNT	D	0.06%
COKE	C	0.06%
JWN	D	0.06%
POWI	D	0.06%
CMCO	C	0.06%
CHH	A	0.06%
TGTX	B	0.06%
CWAN	B	0.06%
TDOC	C	0.06%
ATEN	A	0.06%
CLH	C	0.06%
ROCK	D	0.06%
PNTG	D	0.06%
AIR	B	0.06%
NBTB	B	0.06%
CLNE	F	0.06%
CMP	C	0.06%
MGNI	B	0.06%
AGO	A	0.06%
CAKE	B	0.06%
RUSHB	B	0.06%
KROS	D	0.06%
FL	F	0.06%
VREX	B	0.06%
ANDE	F	0.06%
FROG	C	0.06%
SFBS	B	0.06%
PYCR	C	0.06%
VBTX	B	0.06%
PEB	F	0.06%
HELE	C	0.06%
CART	C	0.06%
BOOT	D	0.06%
SMTC	B	0.06%
PLUS	F	0.06%
OWL	A	0.06%
NVST	C	0.06%
PPBI	B	0.06%
ACVA	A	0.06%
SM	C	0.06%
RCM	A	0.06%
ROIV	D	0.06%
FLYW	B	0.06%
IDYA	F	0.06%
HURN	B	0.06%
EYE	C	0.06%
PK	D	0.06%
ADMA	B	0.06%
CLB	B	0.06%
MNKD	B	0.06%
CCS	F	0.06%
TALO	C	0.06%
TGI	A	0.06%
BYD	B	0.06%
BKU	A	0.06%
AVDX	B	0.06%
VNOM	A	0.06%
FRSH	C	0.06%
KE	C	0.06%
ENV	B	0.06%
FUN	B	0.06%
KREF	D	0.06%
VRNS	D	0.06%
CLF	F	0.06%
MRUS	F	0.06%
VRDN	D	0.06%
VERX	A	0.06%
PDM	D	0.06%
PAHC	B	0.06%
MASI	B	0.06%
UPBD	C	0.06%
CALM	A	0.06%
IBOC	B	0.06%
WD	D	0.06%
RH	C	0.06%
VVI	B	0.06%
FFIN	B	0.06%
COMP	B	0.06%
OII	B	0.06%
PAYO	A	0.06%
BANC	B	0.06%
CBU	B	0.06%
NARI	C	0.06%
SWTX	C	0.05%
KLG	D	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	C	0.05%
NUVB	C	0.05%
THRM	F	0.05%
ZEUS	C	0.05%
ETNB	D	0.05%
HLX	B	0.05%
RYN	D	0.05%
ALRM	C	0.05%
IONS	F	0.05%
PLOW	F	0.05%
DOCN	D	0.05%
ARKO	D	0.05%
SHC	F	0.05%
CECO	B	0.05%
LEVI	F	0.05%
ICHR	C	0.05%
FTRE	D	0.05%
INFA	C	0.05%
CPRX	C	0.05%
GERN	C	0.05%
APGE	F	0.05%
CNMD	C	0.05%
FLG	D	0.05%
ARCB	C	0.05%
CDE	C	0.05%
CLVT	D	0.05%
XRAY	D	0.05%
GOGO	C	0.05%
PSMT	D	0.05%
ACEL	C	0.05%
BASE	C	0.05%
WNC	D	0.05%
MLTX	C	0.05%
SLNO	B	0.05%
INVX	C	0.05%
PENN	C	0.05%
ASAN	C	0.05%
MLNK	C	0.05%
MODG	F	0.05%
MPW	F	0.05%
AI	B	0.05%
KSS	F	0.05%
AMBC	C	0.05%
PTGX	D	0.05%
BEAM	D	0.05%
AWR	B	0.05%
XPEL	C	0.05%
PFS	B	0.05%
PGRE	F	0.05%
EDR	A	0.05%
RUN	F	0.05%
DGII	B	0.05%
REVG	B	0.05%
PRAA	D	0.05%
HAIN	D	0.05%
INFN	D	0.05%
MRC	B	0.05%
MNRO	D	0.05%
WKC	C	0.05%
SMP	C	0.05%
VITL	D	0.05%
LCID	F	0.05%
ELVN	C	0.05%
CWEN	C	0.05%
MTTR	B	0.05%
GO	C	0.05%
KYMR	D	0.05%
EMBC	C	0.05%
NEO	C	0.05%
SLVM	B	0.05%
XPRO	F	0.05%
RAMP	C	0.05%
ZUO	B	0.05%
VYX	B	0.05%
OMCL	C	0.05%
HCC	B	0.05%
MMI	B	0.05%
BGC	C	0.05%
JANX	C	0.05%
PDFS	D	0.05%
CSTL	D	0.05%
IART	C	0.05%
CC	C	0.05%
MHO	D	0.05%
PRG	B	0.05%
FFBC	B	0.05%
GEF	A	0.05%
TMDX	F	0.05%
SKY	A	0.05%
BE	A	0.05%
ADUS	D	0.05%
LIVN	D	0.05%
AORT	B	0.05%
SMPL	B	0.05%
SBH	B	0.05%
KMPR	A	0.05%
EPR	D	0.05%
MDGL	C	0.05%
ASTE	C	0.05%
CUBI	C	0.05%
ARWR	D	0.05%
KVYO	D	0.05%
LOPE	B	0.05%
UFPT	C	0.05%
RNG	C	0.05%
DNOW	B	0.05%
HLIT	F	0.05%
TNC	F	0.05%
ARQT	B	0.05%
GEF	A	0.05%
NUVL	D	0.05%
LEG	F	0.05%
YELP	C	0.05%
JBGS	D	0.05%
UAA	C	0.05%
RUSHA	B	0.05%
MXL	C	0.05%
NCNO	B	0.05%
COOP	B	0.05%
COLD	D	0.05%
CALX	F	0.05%
NBHC	B	0.05%
AGYS	A	0.05%
ALKT	B	0.05%
PD	C	0.05%
CIVI	F	0.05%
CRAI	B	0.05%
RCKT	F	0.04%
OMI	F	0.04%
FOXF	F	0.04%
CLW	F	0.04%
HPP	F	0.04%
FORM	F	0.04%
BKD	F	0.04%
CAL	F	0.04%
HOUS	D	0.04%
GPRE	F	0.04%
FLGT	F	0.04%
NEP	F	0.04%
KURA	F	0.04%
XRX	F	0.04%
CRI	F	0.04%
QS	D	0.04%
PRTA	F	0.04%
NTLA	F	0.04%
PGNY	F	0.04%
CLDX	D	0.04%
EGY	F	0.04%
ESTA	D	0.04%
SPT	C	0.04%
JAMF	F	0.04%
ARCT	F	0.04%
CXM	C	0.04%
TNDM	D	0.04%
CGEM	F	0.04%
COUR	F	0.04%
SAVA	D	0.04%
LESL	D	0.04%
SIBN	F	0.04%
SNDX	F	0.04%
MLKN	F	0.04%
IMVT	F	0.04%
RCUS	F	0.04%
NABL	F	0.04%
MTUS	D	0.04%
MMS	D	0.04%
AMN	F	0.04%
OSCR	D	0.04%
AMC	D	0.04%
ASH	F	0.04%
PLUG	F	0.04%
DYN	D	0.04%
PLRX	D	0.04%
HL	C	0.04%
BBIO	F	0.04%
DK	D	0.04%
QDEL	F	0.04%
ARLO	C	0.04%
ALEC	F	0.04%
FLO	D	0.04%
PTEN	C	0.04%
NVCR	C	0.04%
MEI	F	0.04%
IVR	D	0.04%
BRZE	C	0.04%
LGF.A	C	0.04%
CWT	C	0.04%
THS	F	0.04%
UCB	A	0.04%
KRYS	C	0.04%
RXRX	D	0.04%
GRBK	D	0.04%
TROX	D	0.04%
COGT	D	0.04%
RKT	F	0.04%
AHH	D	0.04%
EPC	F	0.04%
NEOG	D	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	F	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	F	0.03%
STAA	F	0.03%
JELD	F	0.03%
KELYA	F	0.03%
AGL	F	0.02%
MC	B	0.02%
NOVA	F	0.02%
VSAT	F	0.02%
DEI	A	0.02%
SEDG	F	0.02%
ASPN	F	0.02%
GDOT	D	0.01%
MAGN	F	0.01%

ESML Underweight 121 Positions Relative to IYJ

Symbol	Grade	Weight
V	A	-7.02%
MA	B	-6.2%
ACN	B	-3.19%
GE	D	-2.77%
CAT	C	-2.7%
AXP	B	-2.32%
RTX	D	-2.27%
HON	B	-2.15%
UNP	D	-2.07%
ETN	B	-2.06%
ADP	B	-1.76%
FI	A	-1.74%
LMT	D	-1.64%
DE	C	-1.45%
UPS	C	-1.41%
BA	D	-1.39%
TT	A	-1.33%
PH	B	-1.29%
GEV	A	-1.29%
SHW	C	-1.28%
PYPL	B	-1.26%
ITW	B	-1.15%
GD	D	-1.13%
CTAS	B	-1.07%
EMR	A	-1.04%
MMM	D	-1.03%
COF	B	-1.01%
CSX	C	-0.99%
NOC	D	-0.98%
TDG	D	-0.98%
CRH	A	-0.97%
FDX	B	-0.96%
CARR	D	-0.9%
NSC	B	-0.85%
PCAR	C	-0.83%
JCI	B	-0.81%
URI	B	-0.8%
FICO	A	-0.77%
GWW	B	-0.74%
FIS	C	-0.71%
CMI	A	-0.71%
PWR	A	-0.68%
LHX	B	-0.67%
SQ	A	-0.67%
PAYX	B	-0.66%
HWM	A	-0.65%
AME	A	-0.64%
AXON	A	-0.62%
ODFL	B	-0.61%
IR	B	-0.59%
VRSK	A	-0.58%
OTIS	D	-0.58%
FERG	C	-0.58%
VMC	B	-0.53%
MLM	B	-0.51%
WAB	B	-0.49%
DD	D	-0.49%
ROK	B	-0.47%
DOW	F	-0.45%
EFX	F	-0.44%
XYL	D	-0.42%
GPN	C	-0.42%
PPG	F	-0.41%
DOV	B	-0.4%
FTV	C	-0.38%
SW	A	-0.38%
VLTO	C	-0.37%
SYF	B	-0.37%
KEYS	A	-0.37%
CPAY	A	-0.36%
MTD	F	-0.36%
HUBB	B	-0.34%
EME	A	-0.33%
TDY	B	-0.31%
PKG	A	-0.3%
BLDR	F	-0.3%
CSL	C	-0.29%
BAH	F	-0.28%
LII	A	-0.28%
ZBRA	B	-0.28%
SNA	B	-0.27%
TRU	D	-0.27%
BALL	D	-0.27%
WSO	A	-0.26%
RPM	B	-0.25%
TRMB	B	-0.25%
IEX	B	-0.25%
MAS	D	-0.25%
J	D	-0.25%
PNR	B	-0.25%
OC	A	-0.24%
EXPD	D	-0.24%
HEI	A	-0.24%
TXT	D	-0.23%
GGG	B	-0.22%
NDSN	C	-0.21%
ACM	B	-0.21%
AMCR	C	-0.21%
JBHT	C	-0.21%
SWK	F	-0.19%
ALLE	D	-0.18%
JKHY	D	-0.18%
CHRW	B	-0.18%
HEI	A	-0.17%
CCK	D	-0.15%
CNH	C	-0.14%
FBIN	D	-0.13%
TTC	F	-0.12%
AOS	F	-0.12%
KNX	B	-0.12%
KEX	A	-0.11%
HII	F	-0.11%
G	B	-0.11%
ESAB	B	-0.1%
MIDD	D	-0.1%
SLGN	A	-0.06%
EEFT	C	-0.06%
AMTM	D	-0.05%
MSM	D	-0.05%
CXT	C	-0.04%
LOAR	B	-0.01%