ESML vs. JPSE ETF Comparison

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

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

$45.22

Average Daily Volume

89,295

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

JPSE

JPMorgan Diversified Return U.S. Small Cap Equity ETF

JPSE Description

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 2000 Diversified Factor Index.

Grade (RS Rating)

Last Trade

$50.87

Average Daily Volume

33,516

Number of Holdings ^*

529

* may have additional holdings in another (foreign) market

Performance

Period	ESML	JPSE
30 Days	8.75%	7.82%
60 Days	8.59%	6.81%
90 Days	9.69%	7.98%
12 Months	34.45%	29.68%

246 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in JPSE	Overlap
AAT	B	0.07%	0.22%	0.07%
ABCB	B	0.11%	0.3%	0.11%
ABG	B	0.12%	0.13%	0.12%
ABM	B	0.09%	0.21%	0.09%
ACA	A	0.14%	0.35%	0.14%
ACLX	C	0.07%	0.32%	0.07%
ADUS	D	0.05%	0.21%	0.05%
AEIS	B	0.16%	0.28%	0.16%
AEO	F	0.08%	0.17%	0.08%
AGYS	A	0.06%	0.33%	0.06%
AIT	A	0.13%	0.39%	0.13%
ALKS	B	0.09%	0.17%	0.09%
ALRM	C	0.05%	0.13%	0.05%
AMWD	C	0.07%	0.06%	0.06%
ANDE	D	0.06%	0.25%	0.06%
ANF	C	0.14%	0.05%	0.05%
APAM	B	0.1%	0.17%	0.1%
ARCB	C	0.05%	0.21%	0.05%
ARCT	F	0.04%	0.07%	0.04%
AROC	B	0.11%	0.35%	0.11%
ASGN	F	0.13%	0.15%	0.13%
ATEN	B	0.06%	0.18%	0.06%
ATKR	C	0.08%	0.17%	0.08%
AUB	B	0.11%	0.13%	0.11%
AVA	A	0.19%	0.28%	0.19%
AVNT	B	0.07%	0.31%	0.07%
AWR	B	0.05%	0.2%	0.05%
AZZ	B	0.08%	0.18%	0.08%
BCC	B	0.16%	0.32%	0.16%
BCPC	B	0.13%	0.3%	0.13%
BDC	B	0.2%	0.23%	0.2%
BDN	C	0.07%	0.21%	0.07%
BHE	B	0.16%	0.26%	0.16%
BLKB	B	0.12%	0.1%	0.1%
BMI	B	0.29%	0.31%	0.29%
BNL	D	0.05%	0.26%	0.05%
BRY	F	0.03%	0.06%	0.03%
CABO	C	0.13%	0.23%	0.13%
CAL	D	0.04%	0.03%	0.03%
CALM	A	0.07%	0.38%	0.07%
CALX	D	0.06%	0.13%	0.06%
CBT	C	0.13%	0.31%	0.13%
CCOI	B	0.11%	0.29%	0.11%
CCRN	F	0.03%	0.04%	0.03%
CCS	D	0.06%	0.11%	0.06%
CDE	D	0.05%	0.23%	0.05%
CDP	C	0.21%	0.29%	0.21%
CHX	C	0.17%	0.23%	0.17%
CLW	F	0.04%	0.15%	0.04%
CMC	B	0.22%	0.34%	0.22%
CMCO	B	0.06%	0.09%	0.06%
CNMD	C	0.05%	0.15%	0.05%
CNO	A	0.19%	0.33%	0.19%
CNX	A	0.29%	0.4%	0.29%
COOP	B	0.05%	0.31%	0.05%
CPK	A	0.13%	0.3%	0.13%
CPRX	C	0.05%	0.3%	0.05%
CRAI	B	0.05%	0.24%	0.05%
CRC	B	0.1%	0.2%	0.1%
CRS	A	0.16%	0.38%	0.16%
CRVL	A	0.09%	0.33%	0.09%
CSGS	B	0.11%	0.15%	0.11%
CSTL	D	0.05%	0.08%	0.05%
CTS	C	0.07%	0.22%	0.07%
CVLT	B	0.22%	0.29%	0.22%
CWK	B	0.07%	0.07%	0.07%
CWT	D	0.04%	0.19%	0.04%
DEA	D	0.06%	0.17%	0.06%
DEI	B	0.02%	0.25%	0.02%
DFIN	D	0.12%	0.07%	0.07%
DGII	B	0.05%	0.23%	0.05%
DNOW	B	0.05%	0.17%	0.05%
EE	A	0.07%	0.15%	0.07%
EGY	D	0.04%	0.09%	0.04%
ENR	B	0.08%	0.28%	0.08%
ENSG	D	0.2%	0.28%	0.2%
EPC	D	0.04%	0.24%	0.04%
EPRT	B	0.18%	0.29%	0.18%
ESNT	D	0.07%	0.25%	0.07%
ESRT	C	0.07%	0.29%	0.07%
EXPO	D	0.05%	0.11%	0.05%
FBP	B	0.2%	0.16%	0.16%
FELE	B	0.21%	0.31%	0.21%
FFBC	A	0.05%	0.13%	0.05%
FLGT	F	0.04%	0.06%	0.04%
FN	D	0.15%	0.31%	0.15%
FORM	D	0.04%	0.2%	0.04%
FSS	B	0.15%	0.27%	0.15%
FUL	F	0.1%	0.26%	0.1%
FULT	A	0.12%	0.17%	0.12%
GATX	A	0.18%	0.26%	0.18%
GEF	A	0.05%	0.18%	0.05%
GEF	A	0.05%	0.18%	0.05%
GOGO	C	0.05%	0.15%	0.05%
GPI	A	0.19%	0.31%	0.19%
GRBK	D	0.04%	0.21%	0.04%
HAE	C	0.12%	0.21%	0.12%
HAIN	C	0.06%	0.1%	0.06%
HASI	D	0.1%	0.19%	0.1%
HCC	B	0.06%	0.32%	0.06%
HI	C	0.06%	0.06%	0.06%
HL	D	0.04%	0.2%	0.04%
HLIT	D	0.05%	0.25%	0.05%
HLX	B	0.05%	0.26%	0.05%
HNI	B	0.15%	0.26%	0.15%
HPP	F	0.03%	0.01%	0.01%
HQY	B	0.17%	0.29%	0.17%
HWC	B	0.09%	0.17%	0.09%
HWKN	B	0.07%	0.2%	0.07%
IBOC	A	0.06%	0.2%	0.06%
IBP	D	0.09%	0.24%	0.09%
ICHR	C	0.05%	0.09%	0.05%
IDCC	A	0.14%	0.39%	0.14%
INFN	C	0.05%	0.25%	0.05%
IOSP	B	0.07%	0.27%	0.07%
ITGR	B	0.13%	0.29%	0.13%
JXN	C	0.14%	0.35%	0.14%
KBH	D	0.2%	0.27%	0.2%
KFY	B	0.09%	0.16%	0.09%
KLG	C	0.05%	0.18%	0.05%
KLIC	B	0.14%	0.24%	0.14%
KNTK	B	0.19%	0.18%	0.18%
KOP	C	0.08%	0.21%	0.08%
KTB	B	0.15%	0.35%	0.15%
LCII	C	0.11%	0.14%	0.11%
LNTH	D	0.11%	0.21%	0.11%
LUMN	C	0.17%	0.39%	0.17%
LXP	D	0.06%	0.18%	0.06%
MAC	B	0.08%	0.33%	0.08%
MC	C	0.02%	0.31%	0.02%
MEI	D	0.04%	0.05%	0.04%
MGRC	B	0.09%	0.16%	0.09%
MHO	D	0.05%	0.28%	0.05%
MLKN	D	0.04%	0.13%	0.04%
MMI	B	0.05%	0.02%	0.02%
MMS	F	0.04%	0.25%	0.04%
MMSI	B	0.15%	0.3%	0.15%
MOG.A	B	0.24%	0.14%	0.14%
MOV	C	0.05%	0.09%	0.05%
MRC	B	0.05%	0.1%	0.05%
MTH	D	0.16%	0.26%	0.16%
MTRN	C	0.05%	0.26%	0.05%
MTUS	C	0.04%	0.17%	0.04%
MTX	B	0.12%	0.27%	0.12%
MUR	D	0.13%	0.18%	0.13%
MWA	B	0.25%	0.06%	0.06%
MXL	C	0.06%	0.03%	0.03%
MYGN	F	0.03%	0.05%	0.03%
NBTB	B	0.06%	0.17%	0.06%
NEO	C	0.05%	0.07%	0.05%
NJR	A	0.22%	0.29%	0.22%
NMIH	D	0.09%	0.23%	0.09%
NOVT	D	0.18%	0.28%	0.18%
NPO	A	0.14%	0.26%	0.14%
NSIT	F	0.12%	0.21%	0.12%
NTGR	B	0.08%	0.2%	0.08%
NWN	A	0.08%	0.25%	0.08%
OGS	A	0.32%	0.31%	0.31%
OMCL	C	0.05%	0.1%	0.05%
OMI	F	0.04%	0.1%	0.04%
ONB	B	0.18%	0.32%	0.18%
OPCH	D	0.09%	0.18%	0.09%
ORA	B	0.11%	0.21%	0.11%
OUT	A	0.07%	0.17%	0.07%
PBF	D	0.06%	0.17%	0.06%
PBI	B	0.05%	0.11%	0.05%
PCH	D	0.17%	0.24%	0.17%
PDCO	D	0.13%	0.04%	0.04%
PDM	D	0.06%	0.25%	0.06%
PEB	D	0.06%	0.15%	0.06%
PECO	A	0.07%	0.27%	0.07%
PFSI	D	0.1%	0.27%	0.1%
PGRE	F	0.05%	0.09%	0.05%
PI	D	0.07%	0.21%	0.07%
PLUS	F	0.06%	0.21%	0.06%
PLXS	B	0.17%	0.36%	0.17%
PNTG	D	0.05%	0.09%	0.05%
POWI	D	0.06%	0.2%	0.06%
PRG	C	0.05%	0.12%	0.05%
PRGS	A	0.24%	0.29%	0.24%
PSMT	C	0.05%	0.07%	0.05%
PTEN	C	0.04%	0.13%	0.04%
QTWO	A	0.13%	0.31%	0.13%
RBBN	C	0.05%	0.0%	0.0%
RDN	C	0.09%	0.27%	0.09%
RDNT	B	0.1%	0.26%	0.1%
RDUS	C	0.12%	0.1%	0.1%
RHP	B	0.19%	0.28%	0.19%
RMBS	C	0.14%	0.21%	0.14%
RNST	B	0.08%	0.14%	0.08%
RUN	F	0.05%	0.08%	0.05%
SATS	D	0.06%	0.29%	0.06%
SBRA	C	0.07%	0.29%	0.07%
SCL	C	0.1%	0.19%	0.1%
SEM	B	0.07%	0.3%	0.07%
SFM	A	0.44%	0.41%	0.41%
SHOO	D	0.11%	0.19%	0.11%
SIG	B	0.1%	0.31%	0.1%
SJW	D	0.09%	0.15%	0.09%
SKT	B	0.07%	0.32%	0.07%
SLG	B	0.1%	0.31%	0.1%
SLVM	B	0.05%	0.32%	0.05%
SM	B	0.06%	0.28%	0.06%
SMPL	B	0.05%	0.25%	0.05%
SPSC	C	0.16%	0.27%	0.16%
SR	A	0.15%	0.29%	0.15%
STAA	F	0.03%	0.03%	0.03%
STC	B	0.08%	0.28%	0.08%
STRL	B	0.14%	0.46%	0.14%
SWX	B	0.13%	0.26%	0.13%
SXT	B	0.07%	0.23%	0.07%
TDS	B	0.09%	0.38%	0.09%
TGNA	B	0.2%	0.32%	0.2%
THRM	D	0.04%	0.07%	0.04%
THS	D	0.05%	0.15%	0.05%
TILE	B	0.08%	0.31%	0.08%
TMHC	B	0.17%	0.31%	0.17%
TNC	D	0.05%	0.01%	0.01%
TNET	D	0.07%	0.18%	0.07%
TPH	D	0.14%	0.24%	0.14%
TRNO	F	0.1%	0.25%	0.1%
TROX	D	0.05%	0.17%	0.05%
UBSI	B	0.17%	0.3%	0.17%
UEC	B	0.08%	0.36%	0.08%
UFPT	B	0.05%	0.24%	0.05%
UMBF	B	0.26%	0.12%	0.12%
UNFI	A	0.08%	0.19%	0.08%
UNIT	B	0.09%	0.07%	0.07%
UPBD	B	0.06%	0.18%	0.06%
VCTR	B	0.08%	0.16%	0.08%
VITL	D	0.05%	0.18%	0.05%
VREX	C	0.07%	0.11%	0.07%
VRNT	C	0.05%	0.04%	0.04%
VRTS	B	0.05%	0.02%	0.02%
WDFC	B	0.11%	0.28%	0.11%
WGO	C	0.11%	0.17%	0.11%
WHD	B	0.12%	0.28%	0.12%
WK	B	0.2%	0.24%	0.2%
WKC	D	0.05%	0.19%	0.05%
WNC	C	0.05%	0.09%	0.05%
WT	B	0.06%	0.11%	0.06%
WTS	B	0.21%	0.3%	0.21%
XHR	B	0.07%	0.19%	0.07%
XRX	F	0.04%	0.09%	0.04%
YELP	C	0.05%	0.25%	0.05%
ZEUS	C	0.05%	0.12%	0.05%

ESML Overweight 658 Positions Relative to JPSE

Symbol	Grade	Weight
CASY	A	0.53%
USFD	A	0.5%
JHG	A	0.5%
CVNA	B	0.48%
GWRE	A	0.44%
FIX	A	0.42%
INGR	B	0.4%
EWBC	A	0.4%
FTI	A	0.37%
NTNX	A	0.36%
KBR	F	0.35%
FLEX	A	0.35%
NTRA	B	0.34%
MUSA	A	0.34%
IBKR	A	0.34%
XPO	B	0.33%
JLL	D	0.33%
AYI	B	0.32%
GBCI	B	0.3%
SNV	B	0.3%
DTM	B	0.3%
BWXT	B	0.3%
RGLD	C	0.3%
REXR	F	0.3%
FRT	B	0.3%
OSK	B	0.29%
ITT	A	0.29%
SUM	B	0.29%
COHR	B	0.29%
RGA	A	0.29%
PNFP	B	0.29%
AFRM	B	0.28%
TPR	B	0.28%
EHC	B	0.28%
SAIA	B	0.28%
R	B	0.28%
AVT	C	0.27%
SSB	B	0.27%
BJ	A	0.27%
WBS	A	0.27%
SCI	B	0.27%
SIGI	C	0.27%
FTAI	B	0.26%
TOL	B	0.26%
AXTA	A	0.26%
ALSN	B	0.26%
GPK	C	0.26%
RRC	B	0.26%
UGI	A	0.25%
AAON	B	0.25%
BLD	D	0.25%
UNM	A	0.25%
IVZ	B	0.24%
ARMK	B	0.24%
SOFI	A	0.24%
HRI	B	0.24%
AR	B	0.24%
NCLH	B	0.24%
DCI	B	0.24%
RNR	C	0.24%
WEX	D	0.24%
ALK	C	0.23%
CBSH	A	0.23%
CNM	D	0.23%
PRI	A	0.23%
FHN	A	0.23%
EXLS	B	0.23%
REZI	A	0.23%
WCC	B	0.23%
CW	B	0.23%
ATR	B	0.23%
AWI	A	0.23%
MTG	C	0.23%
CUZ	B	0.22%
LAD	A	0.22%
FTDR	A	0.22%
PLNT	A	0.21%
RHI	B	0.21%
BFAM	D	0.21%
NFG	A	0.21%
ONTO	D	0.21%
THC	D	0.21%
GNRC	B	0.21%
AA	B	0.21%
GME	C	0.21%
INSM	C	0.21%
WAL	B	0.21%
HOG	D	0.2%
LECO	B	0.2%
FRPT	B	0.2%
PCTY	B	0.2%
PCVX	D	0.2%
BHLB	B	0.2%
ZION	B	0.2%
CACI	D	0.2%
EGP	F	0.2%
CMA	A	0.2%
LSTR	D	0.2%
CR	A	0.2%
KNSL	B	0.2%
CUBE	D	0.2%
MTN	C	0.2%
OMF	A	0.2%
NVT	B	0.2%
FND	C	0.2%
WMS	D	0.2%
HHH	B	0.2%
ZWS	B	0.2%
RLI	B	0.2%
ENLC	A	0.19%
FCN	D	0.19%
WING	D	0.19%
DAR	C	0.19%
LNW	D	0.19%
DUOL	A	0.19%
OHI	C	0.19%
WWD	B	0.19%
WHR	B	0.19%
ITRI	B	0.19%
AXS	A	0.19%
SNDR	B	0.19%
PR	B	0.19%
MDU	D	0.19%
PCOR	B	0.18%
SRPT	D	0.18%
ESTC	C	0.18%
MORN	B	0.18%
BERY	B	0.18%
MOD	A	0.18%
THG	A	0.18%
MTZ	B	0.18%
HRB	D	0.18%
CIEN	B	0.18%
GKOS	B	0.18%
HAS	D	0.18%
AMG	B	0.18%
TKO	B	0.18%
SPXC	A	0.18%
LAZ	B	0.17%
VFC	C	0.17%
MSA	D	0.17%
DLB	B	0.17%
ASB	B	0.17%
BWA	D	0.17%
NYT	C	0.17%
LPX	B	0.17%
WSC	D	0.17%
BANR	B	0.17%
PEN	B	0.17%
SF	B	0.17%
PVH	C	0.16%
WFRD	D	0.16%
TNL	A	0.16%
FAF	A	0.16%
SITE	D	0.16%
ACIW	B	0.16%
BRX	A	0.16%
VOYA	B	0.16%
JAZZ	B	0.16%
GXO	B	0.16%
GTLB	B	0.16%
ECG	C	0.16%
FLS	B	0.16%
SLM	A	0.16%
EAT	A	0.16%
PRIM	A	0.15%
BILL	A	0.15%
CRUS	D	0.15%
VNT	B	0.15%
ATI	D	0.15%
CPF	A	0.15%
MEDP	D	0.15%
CROX	D	0.15%
ITCI	C	0.15%
X	C	0.15%
FMC	D	0.15%
RKLB	B	0.15%
FIBK	A	0.15%
RRX	B	0.15%
NOV	C	0.15%
VVV	F	0.15%
MYRG	B	0.15%
RGEN	D	0.15%
ELAN	D	0.15%
CFLT	B	0.15%
AM	A	0.15%
TTEK	F	0.15%
DBX	B	0.15%
LSCC	D	0.15%
OZK	B	0.14%
CHE	D	0.14%
CHDN	B	0.14%
KNF	A	0.14%
CZR	F	0.14%
ESI	A	0.14%
AZEK	A	0.14%
SMAR	A	0.14%
RYAN	B	0.14%
AGCO	D	0.14%
IBCP	B	0.14%
ALTR	B	0.14%
TPX	B	0.14%
GTLS	B	0.14%
MKSI	C	0.14%
CADE	B	0.14%
WH	B	0.14%
BECN	B	0.14%
VLY	B	0.14%
BOX	B	0.13%
FYBR	D	0.13%
BRKR	D	0.13%
COLB	A	0.13%
LFUS	F	0.13%
HESM	B	0.13%
ELF	C	0.13%
VMI	B	0.13%
ORI	A	0.13%
CAVA	B	0.13%
PINC	B	0.13%
HIW	D	0.13%
HXL	D	0.13%
LRN	A	0.13%
CRDO	B	0.13%
WTM	A	0.13%
YETI	C	0.12%
AGNC	D	0.12%
CVBF	A	0.12%
KD	B	0.12%
AVAV	D	0.12%
EVR	B	0.12%
WERN	C	0.12%
M	D	0.12%
GL	B	0.12%
GAP	C	0.12%
ADT	C	0.12%
THO	B	0.12%
S	B	0.12%
MAT	D	0.12%
EPAC	B	0.12%
CRNX	C	0.11%
MARA	C	0.11%
DXC	B	0.11%
KRC	C	0.11%
LBRDA	C	0.11%
JEF	A	0.11%
MRCY	B	0.11%
FLR	B	0.11%
ECPG	B	0.11%
SON	D	0.11%
IRDM	D	0.11%
GMED	A	0.11%
OLLI	D	0.11%
APPF	B	0.11%
EFSC	B	0.11%
CYTK	F	0.11%
PATH	C	0.11%
ADC	B	0.11%
KOS	F	0.11%
KAR	B	0.11%
RXO	C	0.1%
RVMD	C	0.1%
PJT	A	0.1%
VECO	F	0.1%
HCP	B	0.1%
TRN	C	0.1%
TDC	D	0.1%
TENB	C	0.1%
CAC	B	0.1%
FIVE	F	0.1%
LYFT	C	0.1%
SSD	D	0.1%
DV	C	0.1%
DY	D	0.1%
CGNX	C	0.1%
STWD	C	0.1%
TXRH	C	0.1%
U	C	0.1%
AMAL	B	0.1%
ETSY	D	0.1%
LITE	B	0.1%
PSN	D	0.1%
FA	C	0.1%
BRBR	A	0.1%
AL	B	0.1%
XENE	D	0.1%
LEA	D	0.1%
VKTX	F	0.1%
ALTM	C	0.1%
DRS	B	0.1%
PEGA	A	0.1%
DNLI	D	0.09%
INSP	D	0.09%
GVA	A	0.09%
LNN	B	0.09%
AVPT	A	0.09%
CNK	B	0.09%
ZI	D	0.09%
ARW	D	0.09%
SLAB	D	0.09%
BRC	D	0.09%
PLMR	B	0.09%
RL	B	0.09%
CHWY	B	0.09%
FR	C	0.09%
CURB	D	0.09%
MIR	A	0.09%
POWL	C	0.09%
POST	C	0.09%
UPST	B	0.09%
PRCT	B	0.09%
NXST	C	0.09%
MTSI	B	0.09%
ACHC	F	0.09%
VC	D	0.09%
LNC	B	0.09%
BHVN	D	0.09%
IMAX	B	0.09%
NXT	C	0.09%
BE	B	0.09%
ESE	B	0.09%
NWL	B	0.09%
CFR	B	0.09%
HALO	F	0.09%
OLED	D	0.08%
CRSP	D	0.08%
CCCS	B	0.08%
SASR	B	0.08%
PRVA	B	0.08%
BPMC	C	0.08%
DOCS	C	0.08%
SNX	C	0.08%
BXMT	C	0.08%
TBBK	B	0.08%
BL	B	0.08%
IESC	B	0.08%
BROS	B	0.08%
PRKS	C	0.08%
KTOS	B	0.08%
ERII	D	0.08%
BPOP	B	0.08%
WRBY	B	0.08%
PAR	B	0.08%
VAC	B	0.08%
ALG	B	0.08%
LBPH	A	0.08%
PLYA	B	0.08%
INDB	B	0.08%
TEX	D	0.08%
TARS	B	0.08%
HIMS	B	0.08%
INTA	A	0.08%
ENOV	C	0.08%
BOH	B	0.08%
OGN	D	0.08%
PIPR	B	0.08%
HR	C	0.08%
AUR	C	0.08%
ZD	C	0.08%
VNO	B	0.08%
JBT	B	0.08%
WEN	D	0.08%
AMED	F	0.08%
BWIN	D	0.08%
SHAK	C	0.08%
VSCO	B	0.07%
TDOC	C	0.07%
ICFI	F	0.07%
OII	B	0.07%
GT	C	0.07%
MASI	A	0.07%
SEE	C	0.07%
SONO	C	0.07%
TREX	C	0.07%
SG	B	0.07%
RH	B	0.07%
VERX	B	0.07%
HAFC	A	0.07%
MHK	D	0.07%
WU	D	0.07%
PRGO	B	0.07%
CWEN	C	0.07%
PAYO	A	0.07%
FOUR	B	0.07%
ROG	D	0.07%
GTES	A	0.07%
VVX	C	0.07%
FIVN	C	0.07%
CMP	C	0.07%
GH	B	0.07%
BC	C	0.07%
ATRC	C	0.07%
RNA	D	0.07%
ST	F	0.07%
WTFC	A	0.07%
SPB	C	0.07%
EWTX	C	0.07%
AZTA	D	0.07%
ICUI	D	0.07%
AN	C	0.07%
HBI	B	0.07%
EVRI	A	0.07%
VSEC	C	0.07%
MRUS	F	0.06%
CBZ	B	0.06%
PRO	C	0.06%
CC	C	0.06%
AGIO	C	0.06%
AXSM	B	0.06%
PTCT	B	0.06%
MBUU	C	0.06%
CLH	B	0.06%
VRDN	D	0.06%
MGNI	A	0.06%
COLD	D	0.06%
ALKT	B	0.06%
ATGE	B	0.06%
SFBS	B	0.06%
TMCI	D	0.06%
MDGL	B	0.06%
EXP	A	0.06%
RUSHB	B	0.06%
COKE	C	0.06%
AGO	B	0.06%
AIR	B	0.06%
ZYME	C	0.06%
IRON	B	0.06%
VBTX	B	0.06%
CHH	A	0.06%
PYCR	C	0.06%
FROG	C	0.06%
FNA	C	0.06%
CWAN	B	0.06%
CART	C	0.06%
MNKD	C	0.06%
VRNS	D	0.06%
BYD	C	0.06%
PPBI	B	0.06%
HURN	B	0.06%
PAHC	C	0.06%
TALO	C	0.06%
PK	B	0.06%
MAN	D	0.06%
FUN	C	0.06%
ROIV	C	0.06%
BOOT	D	0.06%
VVI	C	0.06%
W	F	0.06%
KE	C	0.06%
APG	B	0.06%
ENV	B	0.06%
HELE	C	0.06%
AVDX	B	0.06%
FRSH	C	0.06%
BKU	A	0.06%
KREF	D	0.06%
WD	D	0.06%
FLYW	C	0.06%
NVST	B	0.06%
TGTX	B	0.06%
RARE	D	0.06%
EYE	C	0.06%
FFIN	B	0.06%
OWL	A	0.06%
ADMA	B	0.06%
LBRDK	C	0.06%
SMTC	B	0.06%
CLB	B	0.06%
ACVA	B	0.06%
CBU	B	0.06%
BANC	A	0.06%
CLF	F	0.06%
COLM	B	0.06%
HGV	B	0.06%
NARI	C	0.06%
COMP	B	0.06%
AI	B	0.06%
TGI	B	0.06%
ALHC	C	0.06%
GBX	A	0.06%
VNOM	A	0.06%
LGF.A	C	0.05%
ARVN	D	0.05%
MNRO	D	0.05%
FTRE	D	0.05%
RXST	F	0.05%
AXL	C	0.05%
PLOW	D	0.05%
PENN	C	0.05%
NRIX	D	0.05%
RYN	D	0.05%
ACEL	C	0.05%
TMDX	F	0.05%
JANX	C	0.05%
EMBC	C	0.05%
DOCN	D	0.05%
MLTX	B	0.05%
FLG	C	0.05%
MLNK	B	0.05%
SMP	B	0.05%
PFS	B	0.05%
TWST	D	0.05%
KYMR	D	0.05%
MPW	F	0.05%
XPEL	C	0.05%
PLAY	D	0.05%
SLNO	B	0.05%
SAVA	D	0.05%
ARKO	C	0.05%
REVG	B	0.05%
SBH	C	0.05%
INFA	D	0.05%
MODG	F	0.05%
ASAN	C	0.05%
PTGX	C	0.05%
AMBC	C	0.05%
XRAY	F	0.05%
LCID	F	0.05%
UAA	C	0.05%
BGC	C	0.05%
EDR	A	0.05%
RNG	B	0.05%
MTTR	B	0.05%
CLSK	C	0.05%
ZUO	B	0.05%
GERN	D	0.05%
PDFS	C	0.05%
IART	C	0.05%
AAP	C	0.05%
ELVN	D	0.05%
KROS	D	0.05%
HAYW	B	0.05%
LIVN	F	0.05%
LEG	F	0.05%
RUSHA	C	0.05%
VYX	B	0.05%
SPR	D	0.05%
CAR	C	0.05%
LOPE	B	0.05%
GO	C	0.05%
ASTE	B	0.05%
XPRO	F	0.05%
INVX	C	0.05%
KVYO	C	0.05%
BASE	C	0.05%
VSTS	C	0.05%
CWEN	C	0.05%
CUBI	C	0.05%
DCO	C	0.05%
VERA	B	0.05%
EPR	D	0.05%
NBHC	B	0.05%
NCNO	B	0.05%
KMPR	B	0.05%
SKY	A	0.05%
DLX	B	0.05%
IDYA	F	0.05%
CLNE	D	0.05%
JBGS	D	0.05%
VRRM	D	0.05%
CECO	A	0.05%
AORT	B	0.05%
JWN	C	0.05%
CLVT	F	0.05%
RAMP	C	0.05%
FL	F	0.05%
ROCK	C	0.05%
ARQT	C	0.05%
PD	C	0.05%
CIVI	D	0.05%
NUVL	D	0.05%
CAKE	C	0.05%
NEP	F	0.04%
FOXF	F	0.04%
BKD	D	0.04%
RXRX	F	0.04%
JAMF	F	0.04%
GPRE	F	0.04%
RCUS	F	0.04%
CRI	D	0.04%
SNDX	F	0.04%
PENG	D	0.04%
IMVT	F	0.04%
NABL	F	0.04%
COUR	F	0.04%
SHC	F	0.04%
CLDX	F	0.04%
QS	F	0.04%
SIBN	F	0.04%
APGE	F	0.04%
HOUS	D	0.04%
PLUG	F	0.04%
CXM	C	0.04%
SPT	C	0.04%
PGNY	F	0.04%
BBIO	F	0.04%
DK	C	0.04%
AMC	C	0.04%
COGT	D	0.04%
QDEL	F	0.04%
DYN	F	0.04%
ASH	D	0.04%
LESL	C	0.04%
IONS	F	0.04%
PLRX	F	0.04%
TNDM	F	0.04%
NUVB	C	0.04%
IVR	F	0.04%
EWCZ	F	0.04%
KSS	F	0.04%
OSCR	D	0.04%
FLO	D	0.04%
ETNB	C	0.04%
ESTA	D	0.04%
BEAM	D	0.04%
RKT	F	0.04%
AMN	F	0.04%
HZO	D	0.04%
NVCR	C	0.04%
NEOG	F	0.04%
AHH	D	0.04%
SWTX	C	0.04%
ARLO	C	0.04%
UCB	A	0.04%
KRYS	B	0.04%
LEVI	F	0.04%
BRZE	C	0.04%
PRAA	C	0.04%
ARWR	F	0.04%
MEG	F	0.03%
ANAB	F	0.03%
TXG	F	0.03%
NVAX	F	0.03%
CNXC	F	0.03%
SITC	D	0.03%
RCKT	F	0.03%
CGEM	F	0.03%
CPRI	F	0.03%
CDNA	D	0.03%
KELYA	F	0.03%
APLS	D	0.03%
ETWO	F	0.03%
ALEC	F	0.03%
SVRA	D	0.03%
CRMT	C	0.03%
PHAT	F	0.03%
PRTA	F	0.03%
MQ	F	0.03%
NTLA	F	0.03%
JELD	F	0.03%
AGL	F	0.02%
SEDG	F	0.02%
NOVA	F	0.02%
ASPN	F	0.02%
VSAT	F	0.02%
WOLF	F	0.02%
KURA	F	0.02%
GDOT	D	0.01%
MAGN	F	0.01%

ESML Underweight 284 Positions Relative to JPSE

Symbol	Grade	Weight
SMR	B	-0.67%
GEO	B	-0.55%
CORT	B	-0.43%
IDT	B	-0.39%
MLI	C	-0.39%
CXW	B	-0.39%
TPB	B	-0.38%
ENVA	B	-0.36%
PRDO	B	-0.35%
LAUR	A	-0.35%
CENX	B	-0.34%
MATX	C	-0.34%
SKYW	B	-0.33%
CEIX	A	-0.32%
BKE	B	-0.32%
UFPI	B	-0.32%
CSWI	A	-0.32%
PBH	A	-0.31%
UE	C	-0.31%
AKR	B	-0.31%
TTMI	B	-0.31%
KRG	B	-0.3%
BKH	A	-0.3%
ANET	C	-0.3%
LGND	B	-0.3%
NMRK	B	-0.3%
CTRE	D	-0.29%
LTC	B	-0.29%
PATK	D	-0.29%
LZB	B	-0.29%
CWST	A	-0.29%
ALE	A	-0.28%
NWE	B	-0.28%
SXC	A	-0.28%
HLNE	B	-0.28%
MGY	A	-0.28%
OTTR	C	-0.27%
PLAB	C	-0.27%
AX	A	-0.27%
GMS	B	-0.27%
INVA	D	-0.27%
POR	C	-0.27%
FCPT	C	-0.26%
GSAT	C	-0.26%
ARCH	B	-0.26%
FDP	B	-0.26%
CARG	C	-0.26%
NHI	D	-0.26%
ROIC	A	-0.25%
VIAV	B	-0.25%
SXI	B	-0.25%
EXTR	B	-0.25%
SHO	C	-0.25%
JJSF	B	-0.25%
RYI	C	-0.25%
MGEE	C	-0.25%
DHT	F	-0.25%
BTU	B	-0.24%
SCVL	F	-0.24%
FIZZ	C	-0.24%
APOG	B	-0.24%
NGVT	B	-0.24%
IRT	A	-0.24%
HOMB	A	-0.24%
IIPR	D	-0.24%
SANM	B	-0.24%
WTTR	B	-0.24%
JOE	F	-0.24%
ECVT	C	-0.23%
EFC	C	-0.23%
SWBI	C	-0.23%
AMR	C	-0.23%
APLE	B	-0.23%
OFG	B	-0.23%
ETD	C	-0.23%
ESGR	B	-0.22%
UTZ	D	-0.22%
UVV	B	-0.22%
COLL	F	-0.22%
UCTT	D	-0.22%
KALU	C	-0.22%
SUPN	C	-0.22%
NTB	B	-0.22%
LANC	C	-0.22%
RLJ	C	-0.22%
GPOR	B	-0.22%
CRK	B	-0.21%
AMPH	D	-0.21%
SCSC	B	-0.21%
CATY	B	-0.21%
QLYS	C	-0.21%
WAFD	B	-0.21%
SCS	C	-0.2%
GNW	A	-0.2%
STNG	F	-0.2%
DBRG	F	-0.2%
OEC	C	-0.2%
DRH	B	-0.2%
LBRT	D	-0.19%
INSW	F	-0.19%
EQC	B	-0.19%
STRA	C	-0.19%
GFF	A	-0.19%
ASTH	D	-0.19%
REX	D	-0.19%
COHU	C	-0.19%
WOR	F	-0.19%
HLF	C	-0.19%
IMKTA	C	-0.19%
KWR	C	-0.19%
ASO	F	-0.18%
EAF	C	-0.18%
HAYN	C	-0.18%
LXU	B	-0.18%
HE	C	-0.18%
DVAX	C	-0.18%
LILAK	D	-0.17%
LPG	F	-0.17%
CNXN	C	-0.17%
HOPE	B	-0.17%
LADR	B	-0.17%
EGHT	C	-0.17%
NWBI	B	-0.17%
ANIP	F	-0.17%
DIOD	D	-0.17%
EIG	B	-0.17%
JBSS	D	-0.17%
AMSC	B	-0.17%
USPH	B	-0.17%
URBN	C	-0.17%
CSTM	F	-0.16%
NAVI	C	-0.16%
DOLE	D	-0.16%
RYAM	C	-0.16%
WMK	C	-0.16%
MED	F	-0.16%
NOG	A	-0.16%
NTCT	C	-0.16%
PMT	D	-0.16%
VSH	D	-0.16%
GTY	B	-0.16%
CMRE	C	-0.16%
MATV	D	-0.15%
WSR	A	-0.15%
ALEX	C	-0.15%
SGRY	F	-0.15%
ACRE	C	-0.15%
CENTA	C	-0.15%
CLFD	D	-0.15%
RGR	F	-0.14%
RDFN	D	-0.14%
SPTN	D	-0.14%
SFNC	B	-0.14%
WSBC	A	-0.14%
YOU	D	-0.14%
FUBO	F	-0.13%
SHEN	F	-0.13%
HTH	B	-0.13%
CHEF	A	-0.13%
PARR	D	-0.13%
BGS	F	-0.13%
METC	C	-0.13%
HVT	D	-0.13%
ASIX	A	-0.13%
INN	D	-0.12%
ACCO	C	-0.12%
EVTC	B	-0.12%
IVT	B	-0.12%
ENS	D	-0.12%
ACT	D	-0.12%
AIN	C	-0.12%
IPAR	B	-0.12%
BZH	B	-0.11%
ASC	F	-0.11%
SNEX	B	-0.11%
COMM	D	-0.11%
IGT	F	-0.11%
MGPI	F	-0.11%
CVI	F	-0.11%
EXPI	C	-0.11%
CNSL	C	-0.1%
ARI	C	-0.1%
SD	D	-0.1%
SSTK	F	-0.1%
HRMY	D	-0.1%
BXC	B	-0.1%
OXM	D	-0.1%
USNA	C	-0.1%
HOV	D	-0.1%
OCFC	B	-0.1%
NSP	D	-0.1%
GNK	D	-0.1%
BLMN	F	-0.1%
NUS	D	-0.09%
TRMK	B	-0.09%
IPI	B	-0.09%
MSEX	B	-0.09%
AGM	C	-0.09%
ACLS	F	-0.09%
PHIN	A	-0.09%
RES	D	-0.09%
CASH	A	-0.09%
HSII	B	-0.08%
PRM	C	-0.08%
FCF	A	-0.08%
SAFT	C	-0.08%
OSUR	F	-0.08%
SLP	D	-0.08%
CNS	B	-0.08%
DORM	B	-0.08%
CHCO	B	-0.07%
FRME	B	-0.07%
BSIG	A	-0.07%
FLNG	B	-0.07%
NHC	C	-0.07%
HUBG	A	-0.07%
TRST	A	-0.07%
SRCE	B	-0.07%
GIII	D	-0.07%
BUSE	B	-0.06%
CARS	B	-0.06%
AHCO	F	-0.06%
CHCT	C	-0.06%
RBCAA	B	-0.06%
ZUMZ	C	-0.06%
B	B	-0.06%
USAP	B	-0.06%
CTBI	B	-0.06%
SWI	B	-0.06%
RWT	D	-0.06%
CWCO	C	-0.06%
MITK	C	-0.05%
NAT	F	-0.05%
HCSG	C	-0.05%
SYNA	C	-0.05%
NX	C	-0.05%
ZYXI	D	-0.05%
AVNS	F	-0.05%
NPK	B	-0.05%
KRO	D	-0.05%
SVC	F	-0.05%
PLL	C	-0.05%
AVNW	F	-0.05%
SCHL	D	-0.04%
BANF	B	-0.04%
GTN	F	-0.04%
TH	C	-0.04%
NATR	C	-0.04%
WOW	B	-0.04%
NR	B	-0.04%
HMN	B	-0.04%
ATEX	D	-0.04%
RC	D	-0.03%
IRWD	F	-0.03%
AIV	C	-0.03%
OSPN	A	-0.03%
VNDA	C	-0.03%
CWH	B	-0.03%
THFF	B	-0.03%
DXPE	B	-0.03%
MYE	F	-0.03%
LFMD	D	-0.03%
CSV	B	-0.03%
GRWG	F	-0.03%
GIC	D	-0.02%
RGP	F	-0.02%
CCSI	C	-0.02%
LWLG	F	-0.02%
TG	D	-0.02%
SRDX	B	-0.02%
CIX	D	-0.02%
AVD	D	-0.02%
TRS	B	-0.02%
AAOI	B	-0.02%
PCRX	C	-0.02%
TRTX	B	-0.01%
TBI	F	-0.01%
BH	B	-0.01%
BOOM	F	-0.01%
AOSL	C	-0.01%
UNF	B	-0.01%
ANIK	F	-0.01%
ODP	F	-0.0%
STHO	F	-0.0%