ESML vs. PTMC ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to Pacer Trendpilot 450 ETF (PTMC)

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

$38.10

Average Daily Volume

137,210

Number of Holdings ^*

901

* may have additional holdings in another (foreign) market

PTMC

Pacer Trendpilot 450 ETF

PTMC Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer Wilshire US Mid-Cap Trendpilot Index (the "index"). Under normal circumstances, at least 80% of the fund&#39;s total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. It may also invest up to 20% of its assets in cash and cash equivalents, other investment companies, as well as securities and other instruments not included in the index but which the Adviser believes will help the fund track the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.58

Average Daily Volume

29,895

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

Performance

Period	ESML	PTMC
30 Days	-2.46%	-2.04%
60 Days	0.34%	0.96%
90 Days	-5.08%	-4.02%
12 Months	10.68%	7.09%

288 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in PTMC	Overlap
AA	C	0.18%	0.26%	0.18%
AAON	C	0.19%	0.21%	0.19%
ACHC	F	0.2%	0.23%	0.2%
ADC	B	0.1%	0.24%	0.1%
AGCO	F	0.16%	0.24%	0.16%
AIRC	A	0.06%	0.22%	0.06%
AIT	C	0.1%	0.27%	0.1%
ALV	D	0.04%	0.32%	0.04%
AM	A	0.16%	0.19%	0.16%
AMED	F	0.1%	0.11%	0.1%
AMG	C	0.27%	0.2%	0.2%
AN	D	0.09%	0.17%	0.09%
APPF	B	0.13%	0.18%	0.13%
AR	D	0.27%	0.35%	0.27%
ARMK	A	0.23%	0.34%	0.23%
ARW	D	0.09%	0.27%	0.09%
ARWR	C	0.08%	0.12%	0.08%
ASB	D	0.15%	0.12%	0.12%
ASGN	D	0.18%	0.16%	0.16%
ASH	D	0.05%	0.19%	0.05%
ATR	C	0.23%	0.37%	0.23%
AVNT	D	0.07%	0.15%	0.07%
AVT	B	0.3%	0.18%	0.18%
AXTA	C	0.28%	0.29%	0.28%
AYI	D	0.28%	0.3%	0.28%
AZTA	C	0.09%	0.12%	0.09%
BC	F	0.08%	0.2%	0.08%
BDC	B	0.19%	0.15%	0.15%
BERY	B	0.18%	0.27%	0.18%
BJ	B	0.29%	0.46%	0.29%
BLD	D	0.32%	0.5%	0.32%
BLKB	D	0.12%	0.12%	0.12%
BRBR	C	0.08%	0.27%	0.08%
BRKR	F	0.17%	0.23%	0.17%
BRX	B	0.12%	0.26%	0.12%
BWXT	B	0.27%	0.32%	0.27%
BYD	D	0.05%	0.14%	0.05%
CACI	A	0.21%	0.37%	0.21%
CADE	C	0.13%	0.19%	0.13%
CAR	F	0.06%	0.07%	0.06%
CASY	A	0.56%	0.54%	0.54%
CBSH	C	0.2%	0.24%	0.2%
CBT	D	0.13%	0.21%	0.13%
CC	F	0.07%	0.14%	0.07%
CFR	D	0.08%	0.24%	0.08%
CGNX	C	0.15%	0.31%	0.15%
CHDN	A	0.15%	0.36%	0.15%
CHE	D	0.13%	0.31%	0.13%
CHH	B	0.07%	0.11%	0.07%
CHX	C	0.2%	0.22%	0.2%
CIEN	C	0.15%	0.26%	0.15%
CIVI	D	0.1%	0.22%	0.1%
CLH	A	0.06%	0.44%	0.06%
CMC	C	0.23%	0.23%	0.23%
CNM	D	0.3%	0.33%	0.3%
CNO	C	0.16%	0.12%	0.12%
CNX	C	0.2%	0.14%	0.14%
CNXC	F	0.06%	0.11%	0.06%
COHR	B	0.23%	0.37%	0.23%
COKE	A	0.05%	0.18%	0.05%
COLB	D	0.09%	0.15%	0.09%
COLM	C	0.07%	0.11%	0.07%
CPRI	F	0.07%	0.14%	0.07%
CR	B	0.18%	0.26%	0.18%
CRI	F	0.06%	0.09%	0.06%
CROX	B	0.26%	0.37%	0.26%
CRUS	A	0.25%	0.26%	0.25%
CUBE	B	0.22%	0.38%	0.22%
CUZ	D	0.18%	0.13%	0.13%
CVLT	B	0.17%	0.2%	0.17%
CW	B	0.2%	0.4%	0.2%
CYTK	F	0.14%	0.2%	0.14%
DAR	D	0.19%	0.21%	0.19%
DBX	D	0.13%	0.2%	0.13%
DCI	D	0.27%	0.33%	0.27%
DLB	F	0.2%	0.18%	0.18%
DOCS	C	0.05%	0.13%	0.05%
DTM	A	0.22%	0.25%	0.22%
DUOL	C	0.1%	0.29%	0.1%
EGP	C	0.23%	0.3%	0.23%
EHC	B	0.27%	0.33%	0.27%
ELF	B	0.25%	0.42%	0.25%
ENOV	F	0.09%	0.09%	0.09%
EPR	C	0.06%	0.12%	0.06%
ESNT	B	0.09%	0.23%	0.09%
ETRN	D	0.15%	0.22%	0.15%
EVR	B	0.1%	0.27%	0.1%
EWBC	C	0.33%	0.38%	0.33%
EXLS	C	0.18%	0.18%	0.18%
EXPO	B	0.06%	0.19%	0.06%
FAF	D	0.15%	0.21%	0.15%
FCN	C	0.23%	0.28%	0.23%
FFIN	C	0.05%	0.14%	0.05%
FHN	C	0.2%	0.31%	0.2%
FIVE	F	0.15%	0.24%	0.15%
FIX	C	0.34%	0.44%	0.34%
FLO	D	0.11%	0.17%	0.11%
FLR	B	0.1%	0.29%	0.1%
FLS	D	0.14%	0.24%	0.14%
FNB	C	0.06%	0.18%	0.06%
FND	D	0.25%	0.48%	0.25%
FR	D	0.09%	0.24%	0.09%
FYBR	B	0.11%	0.21%	0.11%
GATX	C	0.2%	0.18%	0.18%
GBCI	C	0.21%	0.15%	0.15%
GEF	F	0.05%	0.06%	0.05%
GEF	F	0.05%	0.06%	0.05%
GME	C	0.14%	0.26%	0.14%
GMED	A	0.1%	0.29%	0.1%
GO	D	0.07%	0.08%	0.07%
GPK	D	0.3%	0.32%	0.3%
GPS	C	0.16%	0.21%	0.16%
GT	F	0.05%	0.13%	0.05%
GTLS	F	0.16%	0.23%	0.16%
GXO	D	0.15%	0.22%	0.15%
HAE	D	0.13%	0.17%	0.13%
HALO	A	0.12%	0.25%	0.12%
HELE	F	0.08%	0.09%	0.08%
HGV	D	0.07%	0.11%	0.07%
HOG	D	0.24%	0.16%	0.16%
HQY	B	0.16%	0.28%	0.16%
HRB	A	0.2%	0.28%	0.2%
HWC	C	0.09%	0.15%	0.09%
HXL	D	0.17%	0.21%	0.17%
IART	D	0.09%	0.07%	0.07%
IBKR	B	0.25%	0.5%	0.25%
IBOC	C	0.06%	0.11%	0.06%
INGR	D	0.37%	0.29%	0.29%
IRDM	F	0.11%	0.12%	0.11%
ITT	D	0.28%	0.4%	0.28%
JAZZ	F	0.16%	0.28%	0.16%
JEF	B	0.08%	0.29%	0.08%
JHG	B	0.44%	0.17%	0.17%
JLL	B	0.34%	0.38%	0.34%
JWN	B	0.06%	0.08%	0.06%
KBH	B	0.22%	0.2%	0.2%
KBR	D	0.42%	0.33%	0.33%
KD	B	0.11%	0.22%	0.11%
KMPR	D	0.05%	0.13%	0.05%
KNF	C	0.11%	0.15%	0.11%
KNSL	F	0.19%	0.33%	0.19%
KRC	F	0.1%	0.13%	0.1%
LAD	F	0.17%	0.27%	0.17%
LEA	F	0.13%	0.25%	0.13%
LECO	D	0.23%	0.4%	0.23%
LEG	F	0.09%	0.06%	0.06%
LFUS	C	0.19%	0.25%	0.19%
LITE	B	0.07%	0.13%	0.07%
LIVN	C	0.05%	0.11%	0.05%
LNTH	B	0.11%	0.22%	0.11%
LNW	B	0.24%	0.32%	0.24%
LOPE	D	0.07%	0.16%	0.07%
LPX	C	0.15%	0.22%	0.15%
LSTR	B	0.25%	0.25%	0.25%
M	C	0.17%	0.19%	0.17%
MAN	D	0.08%	0.13%	0.08%
MASI	C	0.05%	0.23%	0.05%
MAT	F	0.14%	0.23%	0.14%
MDU	B	0.3%	0.19%	0.19%
MEDP	B	0.18%	0.35%	0.18%
MKSI	B	0.19%	0.33%	0.19%
MORN	C	0.17%	0.29%	0.17%
MSA	C	0.21%	0.26%	0.21%
MTDR	D	0.05%	0.24%	0.05%
MTG	B	0.25%	0.22%	0.22%
MTN	D	0.24%	0.26%	0.24%
MTSI	A	0.08%	0.22%	0.08%
MTZ	B	0.16%	0.25%	0.16%
MUR	D	0.18%	0.22%	0.18%
MUSA	B	0.34%	0.35%	0.34%
NEOG	C	0.06%	0.13%	0.06%
NFG	C	0.21%	0.19%	0.19%
NJR	C	0.25%	0.16%	0.16%
NNN	B	0.19%	0.29%	0.19%
NOV	C	0.21%	0.27%	0.21%
NOVT	C	0.21%	0.23%	0.21%
NVST	F	0.06%	0.11%	0.06%
NVT	C	0.24%	0.5%	0.24%
NXST	C	0.1%	0.19%	0.1%
NYCB	F	0.05%	0.09%	0.05%
NYT	B	0.19%	0.31%	0.19%
OGS	D	0.31%	0.13%	0.13%
OHI	A	0.27%	0.3%	0.27%
OLED	B	0.11%	0.35%	0.11%
OLLI	A	0.08%	0.23%	0.08%
ONB	C	0.16%	0.19%	0.16%
ONTO	B	0.31%	0.42%	0.31%
OPCH	D	0.13%	0.19%	0.13%
ORA	B	0.11%	0.15%	0.11%
ORI	C	0.12%	0.3%	0.12%
OSK	D	0.32%	0.27%	0.27%
OZK	D	0.13%	0.16%	0.13%
PBF	D	0.1%	0.18%	0.1%
PCH	F	0.18%	0.12%	0.12%
PEN	F	0.15%	0.28%	0.15%
PGNY	D	0.08%	0.09%	0.08%
PK	D	0.07%	0.12%	0.07%
PLNT	A	0.18%	0.24%	0.18%
PNFP	D	0.22%	0.22%	0.22%
POST	C	0.09%	0.2%	0.09%
POWI	D	0.09%	0.16%	0.09%
PR	C	0.21%	0.27%	0.21%
PRGO	F	0.08%	0.14%	0.08%
PRI	B	0.22%	0.31%	0.22%
PVH	D	0.21%	0.26%	0.21%
QLYS	D	0.05%	0.19%	0.05%
R	B	0.26%	0.2%	0.2%
RCM	B	0.06%	0.09%	0.06%
REXR	D	0.39%	0.36%	0.36%
RGA	B	0.31%	0.51%	0.31%
RGLD	C	0.29%	0.31%	0.29%
RH	F	0.05%	0.14%	0.05%
RLI	D	0.19%	0.22%	0.19%
RMBS	D	0.17%	0.23%	0.17%
RNR	B	0.25%	0.45%	0.25%
RRC	D	0.29%	0.32%	0.29%
RRX	F	0.19%	0.35%	0.19%
RYN	D	0.05%	0.16%	0.05%
SAIA	B	0.29%	0.45%	0.29%
SBRA	A	0.07%	0.13%	0.07%
SCI	B	0.27%	0.41%	0.27%
SF	B	0.14%	0.31%	0.14%
SFM	A	0.32%	0.3%	0.3%
SHC	C	0.06%	0.05%	0.05%
SIGI	F	0.3%	0.21%	0.21%
SLAB	F	0.12%	0.15%	0.12%
SLM	D	0.15%	0.17%	0.15%
SNV	C	0.24%	0.21%	0.21%
SON	D	0.14%	0.22%	0.14%
SR	C	0.14%	0.12%	0.12%
SRPT	B	0.29%	0.39%	0.29%
SSB	D	0.22%	0.21%	0.21%
SSD	D	0.11%	0.28%	0.11%
ST	D	0.1%	0.22%	0.1%
STWD	D	0.11%	0.22%	0.11%
SWN	D	0.24%	0.29%	0.24%
SWX	C	0.14%	0.17%	0.14%
TDC	D	0.13%	0.12%	0.12%
TEX	D	0.09%	0.14%	0.09%
TGNA	D	0.18%	0.1%	0.1%
THC	B	0.18%	0.53%	0.18%
THG	D	0.16%	0.17%	0.16%
THO	F	0.13%	0.19%	0.13%
TKR	D	0.06%	0.2%	0.06%
TMHC	D	0.15%	0.23%	0.15%
TNL	C	0.15%	0.12%	0.12%
TOL	D	0.23%	0.48%	0.23%
TPX	D	0.16%	0.32%	0.16%
TREX	F	0.12%	0.35%	0.12%
TTEK	B	0.18%	0.43%	0.18%
TXRH	A	0.1%	0.44%	0.1%
UAA	C	0.05%	0.05%	0.05%
UBSI	D	0.14%	0.16%	0.14%
UGI	C	0.28%	0.18%	0.18%
UMBF	C	0.21%	0.13%	0.13%
UNM	C	0.21%	0.34%	0.21%
USFD	B	0.4%	0.46%	0.4%
VAC	F	0.08%	0.11%	0.08%
VAL	C	0.05%	0.17%	0.05%
VC	F	0.12%	0.11%	0.11%
VLY	F	0.13%	0.11%	0.11%
VMI	B	0.12%	0.22%	0.12%
VNO	D	0.06%	0.16%	0.06%
VNT	D	0.18%	0.23%	0.18%
VOYA	C	0.19%	0.28%	0.19%
VVV	B	0.19%	0.21%	0.19%
WBS	D	0.23%	0.27%	0.23%
WCC	D	0.21%	0.28%	0.21%
WEN	F	0.1%	0.11%	0.1%
WERN	F	0.13%	0.09%	0.09%
WEX	D	0.27%	0.28%	0.27%
WFRD	C	0.24%	0.31%	0.24%
WH	C	0.13%	0.23%	0.13%
WHR	C	0.2%	0.19%	0.19%
WING	A	0.26%	0.47%	0.26%
WMS	C	0.3%	0.46%	0.3%
WOLF	F	0.09%	0.13%	0.09%
WTFC	C	0.06%	0.22%	0.06%
WTS	D	0.21%	0.2%	0.2%
WU	D	0.09%	0.16%	0.09%
WWD	B	0.23%	0.43%	0.23%
X	D	0.16%	0.31%	0.16%
XPO	C	0.27%	0.47%	0.27%
XRAY	F	0.08%	0.21%	0.08%
YETI	C	0.15%	0.14%	0.14%
ZD	C	0.09%	0.1%	0.09%
ZI	F	0.12%	0.14%	0.12%
ZION	C	0.16%	0.23%	0.16%

ESML Overweight 613 Positions Relative to PTMC

Symbol	Grade	Weight
GWRE	B	0.36%
FTI	C	0.35%
FLEX	B	0.34%
FRT	D	0.31%
NTNX	C	0.31%
BMI	D	0.29%
HAS	C	0.28%
IVZ	C	0.24%
TPR	B	0.24%
ELAN	B	0.24%
CVNA	B	0.24%
SUM	D	0.23%
BFAM	C	0.23%
ESTC	C	0.23%
RHI	F	0.22%
MWA	D	0.22%
WSC	F	0.22%
FELE	D	0.22%
NTRA	B	0.22%
SNDR	C	0.22%
FTDR	C	0.21%
ALK	D	0.21%
MOG.A	C	0.21%
PRGS	C	0.2%
GPI	C	0.2%
CDP	B	0.2%
AWI	D	0.2%
VECO	B	0.2%
OMF	D	0.2%
NSIT	B	0.2%
REZI	D	0.2%
ANF	B	0.2%
HHH	D	0.19%
ITRI	D	0.19%
FN	B	0.19%
ALSN	D	0.19%
FRPT	B	0.19%
SPSC	C	0.19%
ENSG	B	0.19%
KLIC	C	0.19%
AVA	D	0.19%
BWA	F	0.19%
SITE	F	0.19%
PCVX	B	0.19%
RHP	D	0.19%
FMC	D	0.18%
CMA	C	0.18%
AXS	B	0.18%
SPXC	B	0.18%
NCLH	B	0.18%
WK	D	0.18%
GNRC	D	0.18%
ZWS	D	0.18%
PDCO	D	0.18%
ENLC	B	0.18%
AEIS	B	0.18%
TKO	B	0.17%
VFC	C	0.17%
MYRG	F	0.17%
GKOS	A	0.17%
MTH	D	0.17%
BHE	B	0.17%
HRI	D	0.17%
KOS	D	0.17%
FSS	D	0.16%
ATI	C	0.16%
NXT	D	0.16%
BCC	F	0.16%
WAL	C	0.16%
AFRM	D	0.15%
HESM	A	0.15%
IOSP	D	0.15%
ALTR	B	0.15%
INSM	B	0.15%
ESI	B	0.15%
PLXS	D	0.15%
PCOR	F	0.15%
CABO	F	0.15%
ATKR	F	0.15%
ITCI	C	0.15%
MMSI	B	0.14%
FIBK	C	0.14%
MOD	C	0.14%
TPH	D	0.14%
HNI	C	0.14%
WTM	C	0.14%
LCII	F	0.14%
AZEK	D	0.14%
BECN	D	0.14%
KNTK	B	0.14%
ITGR	D	0.14%
EPRT	B	0.14%
MTX	B	0.14%
ACA	C	0.13%
PINC	F	0.13%
SHOO	B	0.13%
DFIN	D	0.13%
GTLB	D	0.13%
HASI	B	0.13%
BCPC	B	0.13%
BOX	D	0.13%
KTB	C	0.13%
RYAN	B	0.13%
OGN	B	0.13%
AVAV	B	0.13%
NPO	D	0.13%
AGNC	B	0.13%
FULT	C	0.12%
EPAC	B	0.12%
FTAI	A	0.12%
FUL	C	0.12%
PFSI	B	0.12%
WGO	F	0.12%
ABG	C	0.12%
BANR	B	0.12%
SMAR	B	0.12%
SITC	B	0.12%
VKTX	D	0.12%
EVRI	C	0.12%
SCL	D	0.12%
DXC	C	0.12%
HIW	C	0.12%
CPK	D	0.12%
ACIW	A	0.12%
JXN	B	0.12%
GL	C	0.11%
ECPG	F	0.11%
IDCC	B	0.11%
CRSP	D	0.11%
KAR	C	0.11%
PRIM	B	0.11%
TENB	D	0.11%
SIG	D	0.11%
EAT	B	0.11%
TRNO	C	0.11%
AL	C	0.11%
DV	D	0.11%
SOFI	F	0.11%
XENE	F	0.11%
ADT	B	0.11%
IBCP	C	0.11%
BHLB	C	0.11%
BPMC	B	0.1%
MARA	C	0.1%
JBT	C	0.1%
CRC	B	0.1%
CVBF	D	0.1%
MRCY	F	0.1%
AAP	F	0.1%
XPRO	B	0.1%
CPF	B	0.1%
DY	B	0.1%
DNLI	B	0.1%
MODG	C	0.1%
WDFC	D	0.1%
LYFT	F	0.1%
IBP	D	0.1%
SJW	F	0.1%
LNC	B	0.1%
LRN	B	0.1%
FA	D	0.1%
AEO	D	0.1%
AMN	F	0.1%
WHD	B	0.1%
ALKS	C	0.1%
TNET	F	0.1%
SONO	F	0.09%
INSP	F	0.09%
FIVN	F	0.09%
IDYA	F	0.09%
LNN	D	0.09%
LXP	B	0.09%
HR	B	0.09%
RXO	A	0.09%
KFY	B	0.09%
ABCB	C	0.09%
MGRC	D	0.09%
BXMT	C	0.09%
RDUS	F	0.09%
RDN	C	0.09%
W	F	0.09%
CSGS	F	0.09%
BILL	F	0.09%
ERII	F	0.09%
EFSC	D	0.09%
AROC	C	0.09%
PSN	B	0.09%
TMDX	B	0.09%
CRS	B	0.09%
ROG	C	0.09%
HI	D	0.09%
VRNT	C	0.09%
ABM	B	0.09%
S	D	0.09%
STRL	B	0.09%
KOP	F	0.09%
TRN	B	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%
CCS	D	0.08%
CRNX	D	0.08%
FL	B	0.08%
DRS	B	0.08%
PJT	B	0.08%
XHR	D	0.08%
KE	F	0.08%
CAC	D	0.08%
PLYA	D	0.08%
CRVL	C	0.08%
UNIT	F	0.08%
KRYS	B	0.08%
FBP	B	0.08%
ALTM	F	0.08%
CTS	C	0.08%
GH	C	0.08%
EYE	F	0.08%
QTWO	C	0.08%
PEGA	C	0.08%
SXT	C	0.08%
BHVN	D	0.08%
BPOP	C	0.08%
VITL	A	0.08%
ICFI	C	0.08%
AZZ	C	0.08%
CLNE	C	0.08%
IMAX	C	0.08%
SEE	C	0.08%
CCCS	C	0.08%
AMAL	B	0.08%
PRKS	C	0.08%
HIMS	C	0.08%
STC	D	0.08%
SPB	C	0.08%
ALG	F	0.08%
MOV	D	0.08%
TROX	D	0.08%
RL	B	0.08%
SLG	B	0.08%
RDNT	B	0.08%
HZO	C	0.07%
PIPR	A	0.07%
WD	C	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%
ESRT	D	0.07%
GERN	C	0.07%
TWST	C	0.07%
CERE	D	0.07%
PI	C	0.07%
MIR	B	0.07%
RUN	C	0.07%
MTRN	D	0.07%
TNC	D	0.07%
PD	B	0.07%
AMWD	F	0.07%
ENR	C	0.07%
RNST	C	0.07%
KSS	D	0.07%
VREX	F	0.07%
CLVT	D	0.07%
NWL	F	0.07%
AIR	A	0.07%
ANDE	D	0.07%
APG	B	0.07%
NRIX	B	0.07%
CLSK	C	0.07%
PDFS	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%
PLMR	D	0.07%
MRUS	B	0.07%
VRRM	B	0.07%
MAC	C	0.07%
NWN	F	0.07%
COLD	C	0.07%
PRVA	F	0.07%
LBRDA	D	0.07%
ENV	C	0.07%
CWEN	B	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	B	0.07%
SG	C	0.06%
PDM	B	0.06%
POWL	D	0.06%
WT	B	0.06%
SPT	F	0.06%
SNDX	C	0.06%
VRTS	C	0.06%
SKT	D	0.06%
IVR	B	0.06%
BWIN	B	0.06%
AGO	D	0.06%
MNKD	B	0.06%
WNC	D	0.06%
VERX	B	0.06%
DYN	B	0.06%
WKC	A	0.06%
MXL	B	0.06%
SMPL	D	0.06%
PETQ	B	0.06%
BE	C	0.06%
HWKN	A	0.06%
SGH	B	0.06%
ARKO	C	0.06%
TDS	B	0.06%
CAKE	B	0.06%
AVPT	B	0.06%
ACEL	D	0.06%
FOXF	C	0.06%
PTEN	F	0.06%
EPC	B	0.06%
ICUI	B	0.06%
HIBB	A	0.06%
ADUS	A	0.06%
NUVL	B	0.06%
RKT	B	0.06%
CNK	A	0.06%
AAT	B	0.06%
RCKT	F	0.06%
RKLB	B	0.06%
SQSP	A	0.06%
MHK	D	0.06%
MDGL	B	0.06%
CBZ	D	0.06%
RAMP	D	0.06%
MLNK	B	0.06%
NTGR	B	0.06%
TBBK	C	0.06%
YELP	F	0.06%
HLIT	B	0.06%
CLDX	C	0.06%
ESE	C	0.06%
GTES	D	0.06%
ACVA	B	0.06%
CMCO	F	0.06%
SASR	B	0.06%
MGNI	C	0.06%
AGL	C	0.06%
INDB	D	0.06%
TMCI	F	0.06%
THRM	F	0.06%
OUT	D	0.06%
SEM	B	0.06%
KREF	F	0.06%
ROIV	D	0.06%
PLUS	D	0.06%
PRTA	F	0.06%
VSEC	B	0.06%
AVDX	C	0.06%
CWK	C	0.06%
BANC	D	0.06%
RXST	C	0.06%
JBGS	C	0.06%
ZEUS	F	0.06%
PECO	F	0.06%
RARE	D	0.06%
UNFI	C	0.06%
GVA	B	0.06%
MPW	D	0.06%
ROCK	D	0.06%
NABL	A	0.06%
SPR	C	0.06%
VVX	C	0.06%
XRX	F	0.06%
CLB	B	0.06%
INFA	D	0.06%
VSCO	D	0.05%
OMCL	F	0.05%
SIBN	D	0.05%
JAMF	F	0.05%
BRY	D	0.05%
ASAN	D	0.05%
ARVN	D	0.05%
FFBC	C	0.05%
QS	F	0.05%
OEC	D	0.05%
DOCN	D	0.05%
MNRO	F	0.05%
CMP	F	0.05%
LESL	F	0.05%
MTUS	D	0.05%
OFIX	D	0.05%
LGF.A	D	0.05%
DK	D	0.05%
UPST	F	0.05%
MYE	F	0.05%
ARQT	B	0.05%
ASTE	F	0.05%
SEDG	F	0.05%
JANX	D	0.05%
NUVB	C	0.05%
CWT	D	0.05%
RNG	F	0.05%
VERA	D	0.05%
SAVA	F	0.05%
SKY	D	0.05%
UPWK	D	0.05%
RIOT	F	0.05%
IMVT	F	0.05%
SVRA	F	0.05%
CNMD	F	0.05%
AXL	F	0.05%
FRSH	F	0.05%
MRC	C	0.05%
HAYW	F	0.05%
KYMR	D	0.05%
KVYO	C	0.05%
MTTR	D	0.05%
UEC	F	0.05%
CCOI	F	0.05%
VBTX	C	0.05%
HCC	D	0.05%
ZUO	D	0.05%
ETWO	D	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%
DAWN	D	0.05%
NEO	D	0.05%
VYX	D	0.05%
ATEN	D	0.05%
BEAM	C	0.05%
BKD	D	0.05%
DAN	F	0.05%
WRBY	B	0.05%
RUSHB	F	0.05%
MHO	D	0.05%
HPP	F	0.05%
RBBN	C	0.05%
ATEC	D	0.05%
DIN	F	0.05%
RXRX	C	0.05%
MEG	B	0.05%
MLKN	C	0.05%
NBHC	B	0.05%
SLVM	B	0.05%
CPRX	D	0.05%
AUR	D	0.05%
ELVN	C	0.05%
CBU	C	0.05%
EWTX	C	0.05%
AWR	D	0.05%
ASPN	C	0.05%
SATS	B	0.05%
RUSHA	D	0.05%
BBIO	F	0.05%
NVAX	C	0.05%
MEI	F	0.05%
CRMT	F	0.05%
PRLB	F	0.05%
PSMT	C	0.05%
GOGO	F	0.05%
VNOM	C	0.05%
BGC	D	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%
RCUS	D	0.05%
PNTG	B	0.05%
NBTB	B	0.05%
HAIN	D	0.05%
PLOW	F	0.05%
PAR	B	0.05%
VSTS	D	0.05%
B	B	0.05%
CAL	D	0.05%
FLGT	D	0.05%
MORF	C	0.05%
VVI	D	0.05%
PAHC	B	0.05%
CLW	B	0.05%
REVG	B	0.05%
SFBS	D	0.05%
FLYW	F	0.05%
VCTR	C	0.05%
TILE	D	0.05%
CCRN	F	0.05%
PGRE	D	0.05%
AMC	D	0.05%
CDE	B	0.05%
AXSM	B	0.05%
AGYS	B	0.05%
VRDN	F	0.05%
SWTX	F	0.05%
EE	B	0.05%
MMI	F	0.05%
MLTX	F	0.05%
ALHC	C	0.05%
DNOW	C	0.05%
CALM	B	0.05%
ARCB	F	0.05%
LBTYK	C	0.05%
AIN	D	0.05%
BDN	D	0.05%
PRG	C	0.05%
INFN	D	0.05%
FORM	B	0.05%
AHH	B	0.05%
PLAY	F	0.05%
HBI	C	0.05%
CECO	A	0.05%
EDR	A	0.05%
GBX	D	0.05%
UFPT	B	0.05%
MQ	D	0.05%
SM	C	0.05%
ICHR	C	0.05%
AORT	B	0.05%
ATGE	B	0.05%
EVBG	C	0.05%
MYGN	B	0.05%
TDOC	F	0.05%
EGY	B	0.05%
KELYA	D	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	D	0.05%
CWEN	B	0.05%
KROS	F	0.05%
ATRC	D	0.05%
COOP	C	0.05%
CRAI	B	0.05%
VRNS	C	0.05%
DCO	B	0.05%
INTA	C	0.05%
MBUU	D	0.05%
PHAT	C	0.05%
THS	C	0.05%
OMI	F	0.05%
PTGX	B	0.05%
PTCT	C	0.05%
XPEL	F	0.05%
DRQ	D	0.05%
AI	C	0.05%
FOUR	B	0.05%
ACLX	C	0.05%
CXM	D	0.04%
PFS	F	0.04%
AMBC	F	0.04%
SMTC	D	0.04%
SYM	F	0.04%
CHGG	F	0.04%
CGEM	D	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%
TARS	F	0.04%
ARDX	F	0.04%
HAFC	C	0.04%
CYRX	F	0.04%
TXG	F	0.04%
KLG	F	0.04%
IESC	C	0.04%
MTW	F	0.04%
CERT	F	0.04%
HL	D	0.04%
XNCR	F	0.04%
COMP	D	0.04%
RIG	F	0.04%
NVCR	C	0.04%
FSLY	F	0.04%
ALEC	F	0.04%
LUMN	F	0.04%
BKU	D	0.04%
QDEL	F	0.04%
JELD	F	0.04%
XPER	D	0.04%
CSTL	D	0.04%
DGII	F	0.04%
BASE	D	0.03%
HOUS	F	0.03%
GPRE	D	0.03%
SANA	F	0.03%
PBI	C	0.03%
GDOT	C	0.01%
MC	C	0.01%

ESML Underweight 104 Positions Relative to PTMC

Symbol	Grade	Weight
PSTG	B	-0.77%
CSL	B	-0.77%
WSM	C	-0.75%
GDDY	B	-0.74%
EME	C	-0.69%
LII	B	-0.66%
RS	D	-0.63%
OC	C	-0.6%
WSO	B	-0.58%
BURL	B	-0.57%
MANH	B	-0.55%
RPM	C	-0.55%
UTHR	A	-0.53%
NBIX	C	-0.52%
GGG	D	-0.52%
DKS	B	-0.5%
EQH	B	-0.48%
FNF	D	-0.48%
ACM	D	-0.46%
WPC	D	-0.46%
ELS	C	-0.45%
GLPI	C	-0.45%
OVV	D	-0.44%
AMH	B	-0.43%
DT	F	-0.42%
PFGC	D	-0.41%
ALLY	B	-0.41%
TTC	B	-0.39%
SNX	C	-0.39%
LAMR	B	-0.38%
SKX	B	-0.37%
CHRD	D	-0.36%
WTRG	C	-0.36%
CCK	D	-0.36%
CHK	D	-0.36%
ERIE	C	-0.34%
CG	D	-0.33%
CELH	F	-0.33%
LSCC	F	-0.32%
AFG	D	-0.31%
DINO	D	-0.31%
RBC	C	-0.3%
EXP	D	-0.3%
GNTX	D	-0.3%
KNX	C	-0.29%
CLF	D	-0.28%
KEX	B	-0.27%
OGE	D	-0.27%
UFPI	D	-0.27%
MIDD	F	-0.26%
HLI	C	-0.26%
STAG	D	-0.25%
SEIC	D	-0.25%
RGEN	D	-0.25%
EXEL	B	-0.25%
H	B	-0.25%
OLN	D	-0.23%
PCTY	F	-0.23%
SAIC	D	-0.23%
SRCL	B	-0.21%
PB	D	-0.21%
G	D	-0.2%
MMS	B	-0.2%
ESAB	D	-0.2%
IDA	D	-0.18%
EEFT	D	-0.18%
KRG	B	-0.18%
WLK	D	-0.18%
HOMB	C	-0.17%
POR	C	-0.17%
BCO	B	-0.17%
IRT	A	-0.16%
ENS	B	-0.16%
PII	F	-0.16%
LANC	D	-0.15%
SLGN	D	-0.14%
BKH	C	-0.14%
MSM	F	-0.14%
NEU	D	-0.14%
SYNA	D	-0.14%
ALE	B	-0.14%
COTY	D	-0.14%
AMKR	B	-0.14%
NSP	F	-0.13%
NWE	D	-0.12%
PNM	D	-0.12%
NSA	B	-0.12%
SAM	C	-0.11%
PENN	C	-0.11%
VSH	F	-0.11%
PAG	D	-0.11%
CACC	D	-0.11%
GHC	D	-0.1%
IPGP	F	-0.1%
FHI	C	-0.1%
BHF	D	-0.1%
SMG	C	-0.1%
TCBI	D	-0.1%
ADNT	F	-0.09%
ALGM	D	-0.08%
MP	F	-0.07%
UA	C	-0.05%
PPC	B	-0.05%
HTZ	F	-0.02%