ESML vs. QSML ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to WisdomTree U.S. SmallCap Quality Growth Fund (QSML)

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

$45.94

Average Daily Volume

90,317

Number of Holdings ^*

904

* may have additional holdings in another (foreign) market

QSML

WisdomTree U.S. SmallCap Quality Growth Fund

QSML Description

Under normal circumstances, the fund invests at least 80% of its net assets in the constituent securities of the index, each of which is a security issued by a small-cap company, identified in accordance with the index provider"s market-capitalization selection parameters, that is incorporated and headquartered in the United States.

Grade (RS Rating)

Last Trade

$29.86

Average Daily Volume

2,012

Number of Holdings ^*

331

* may have additional holdings in another (foreign) market

Performance

Period	ESML	QSML
30 Days	10.65%	11.84%
60 Days	10.49%	11.24%
90 Days	12.20%	12.50%
12 Months	35.83%

135 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in QSML	Overlap
ACA	B	0.14%	0.72%	0.14%
ACEL	B	0.05%	0.14%	0.05%
ADUS	D	0.05%	0.27%	0.05%
AEIS	B	0.16%	0.58%	0.16%
AGYS	B	0.06%	0.47%	0.06%
ALG	C	0.08%	0.32%	0.08%
ALKT	A	0.06%	0.54%	0.06%
ALRM	C	0.05%	0.43%	0.05%
AMN	F	0.04%	0.13%	0.04%
ANDE	D	0.06%	0.23%	0.06%
ARCB	C	0.05%	0.36%	0.05%
ARKO	C	0.05%	0.11%	0.05%
ASGN	D	0.13%	0.54%	0.13%
ATRC	B	0.07%	0.25%	0.07%
AZZ	B	0.08%	0.38%	0.08%
BASE	C	0.05%	0.15%	0.05%
BL	B	0.08%	0.49%	0.08%
BOOT	D	0.06%	0.54%	0.06%
BOX	A	0.13%	0.7%	0.13%
BRY	F	0.03%	0.05%	0.03%
CABO	C	0.13%	0.33%	0.13%
CAKE	B	0.05%	0.34%	0.05%
CALM	B	0.07%	0.7%	0.07%
CALX	F	0.06%	0.3%	0.06%
CAR	C	0.05%	0.52%	0.05%
CBZ	B	0.06%	0.55%	0.06%
CCOI	B	0.11%	0.57%	0.11%
CCRN	F	0.03%	0.05%	0.03%
CCS	D	0.06%	0.4%	0.06%
CLW	D	0.04%	0.04%	0.04%
COUR	D	0.04%	0.16%	0.04%
CPRX	C	0.05%	0.35%	0.05%
CRAI	B	0.05%	0.18%	0.05%
CRMT	C	0.03%	0.03%	0.03%
CRVL	B	0.09%	0.87%	0.09%
DFIN	D	0.12%	0.24%	0.12%
DOCN	D	0.05%	0.48%	0.05%
DV	C	0.1%	0.47%	0.1%
EGY	F	0.04%	0.08%	0.04%
EVRI	A	0.07%	0.16%	0.07%
EWCZ	F	0.04%	0.04%	0.04%
EYE	C	0.06%	0.1%	0.06%
FELE	B	0.21%	0.68%	0.21%
FLGT	F	0.04%	0.08%	0.04%
FLYW	C	0.06%	0.4%	0.06%
FOUR	B	0.07%	0.91%	0.07%
FOXF	F	0.04%	0.2%	0.04%
FTDR	B	0.22%	0.56%	0.22%
GEF	B	0.05%	0.57%	0.05%
GEF	B	0.05%	0.57%	0.05%
GO	C	0.05%	0.26%	0.05%
GPI	B	0.19%	0.79%	0.19%
GRBK	D	0.04%	0.43%	0.04%
HAYW	B	0.05%	0.5%	0.05%
HCC	B	0.06%	0.54%	0.06%
HGV	B	0.06%	0.6%	0.06%
HIMS	A	0.08%	0.67%	0.08%
HRI	B	0.24%	0.87%	0.24%
HURN	B	0.06%	0.29%	0.06%
HWKN	A	0.07%	0.37%	0.07%
HZO	C	0.04%	0.1%	0.04%
IDCC	A	0.14%	0.64%	0.14%
IESC	B	0.08%	0.87%	0.08%
INSP	D	0.09%	0.72%	0.09%
INTA	B	0.08%	0.59%	0.08%
IOSP	B	0.07%	0.4%	0.07%
KE	C	0.06%	0.07%	0.06%
KFY	B	0.09%	0.57%	0.09%
KLIC	B	0.14%	0.35%	0.14%
KNTK	B	0.19%	0.51%	0.19%
KOP	C	0.08%	0.11%	0.08%
KOS	F	0.11%	0.29%	0.11%
KTB	A	0.15%	0.71%	0.15%
LCII	C	0.11%	0.42%	0.11%
LESL	C	0.04%	0.07%	0.04%
LNN	B	0.09%	0.21%	0.09%
LOPE	B	0.05%	0.67%	0.05%
LRN	B	0.13%	0.62%	0.13%
MBUU	C	0.06%	0.12%	0.06%
MC	B	0.02%	0.74%	0.02%
MGRC	B	0.09%	0.41%	0.09%
MHO	C	0.05%	0.61%	0.05%
MODG	F	0.05%	0.23%	0.05%
MTRN	C	0.05%	0.33%	0.05%
MWA	B	0.25%	0.54%	0.25%
MYRG	C	0.15%	0.35%	0.15%
NABL	F	0.04%	0.25%	0.04%
NARI	C	0.06%	0.42%	0.06%
NMIH	C	0.09%	0.44%	0.09%
PDFS	C	0.05%	0.16%	0.05%
PGNY	F	0.04%	0.15%	0.04%
PIPR	A	0.08%	0.84%	0.08%
PJT	B	0.1%	0.53%	0.1%
PLAY	D	0.05%	0.21%	0.05%
PLMR	B	0.09%	0.38%	0.09%
PLUS	F	0.06%	0.3%	0.06%
POWI	D	0.06%	0.48%	0.06%
POWL	C	0.09%	0.56%	0.09%
PRGS	A	0.24%	0.4%	0.24%
PRIM	A	0.15%	0.62%	0.15%
PSMT	C	0.05%	0.38%	0.05%
PTGX	C	0.05%	0.28%	0.05%
REVG	B	0.05%	0.2%	0.05%
ROCK	C	0.05%	0.3%	0.05%
RUSHA	B	0.05%	0.65%	0.05%
SEM	B	0.07%	0.68%	0.07%
SHOO	D	0.11%	0.45%	0.11%
SKY	B	0.05%	0.81%	0.05%
SMPL	B	0.05%	0.54%	0.05%
SNDR	B	0.19%	0.76%	0.19%
SONO	C	0.07%	0.22%	0.07%
SPT	C	0.04%	0.18%	0.04%
STAA	F	0.03%	0.18%	0.03%
STRL	B	0.14%	0.85%	0.14%
TEX	D	0.08%	0.49%	0.08%
TMDX	F	0.05%	0.38%	0.05%
TPH	C	0.14%	0.56%	0.14%
UAA	C	0.05%	0.59%	0.05%
UFPT	C	0.05%	0.32%	0.05%
UNFI	A	0.08%	0.17%	0.08%
UPST	B	0.09%	0.81%	0.09%
VC	D	0.09%	0.36%	0.09%
VCTR	B	0.08%	0.61%	0.08%
VITL	F	0.05%	0.17%	0.05%
VRRM	F	0.05%	0.55%	0.05%
VRTS	B	0.05%	0.24%	0.05%
VSCO	B	0.07%	0.41%	0.07%
WDFC	B	0.11%	0.53%	0.11%
WGO	C	0.11%	0.26%	0.11%
WHD	A	0.12%	0.62%	0.12%
WNC	C	0.05%	0.12%	0.05%
XPEL	C	0.05%	0.16%	0.05%
YELP	C	0.05%	0.35%	0.05%
YETI	C	0.12%	0.44%	0.12%
ZEUS	C	0.05%	0.04%	0.04%

ESML Overweight 769 Positions Relative to QSML

Symbol	Grade	Weight
CASY	B	0.53%
USFD	A	0.5%
JHG	A	0.5%
CVNA	B	0.48%
SFM	B	0.44%
GWRE	B	0.44%
FIX	A	0.42%
INGR	B	0.4%
EWBC	B	0.4%
FTI	A	0.37%
NTNX	B	0.36%
KBR	F	0.35%
FLEX	B	0.35%
NTRA	B	0.34%
MUSA	B	0.34%
IBKR	B	0.34%
XPO	B	0.33%
JLL	B	0.33%
OGS	A	0.32%
AYI	B	0.32%
GBCI	B	0.3%
SNV	B	0.3%
DTM	B	0.3%
BWXT	B	0.3%
RGLD	D	0.3%
REXR	F	0.3%
FRT	A	0.3%
OSK	B	0.29%
ITT	A	0.29%
SUM	B	0.29%
CNX	B	0.29%
COHR	C	0.29%
BMI	B	0.29%
RGA	A	0.29%
PNFP	B	0.29%
AFRM	B	0.28%
TPR	A	0.28%
EHC	B	0.28%
SAIA	C	0.28%
R	B	0.28%
AVT	C	0.27%
SSB	B	0.27%
BJ	B	0.27%
WBS	B	0.27%
SCI	A	0.27%
SIGI	B	0.27%
FTAI	B	0.26%
TOL	A	0.26%
AXTA	A	0.26%
ALSN	B	0.26%
GPK	C	0.26%
UMBF	B	0.26%
RRC	B	0.26%
UGI	A	0.25%
AAON	B	0.25%
BLD	C	0.25%
UNM	A	0.25%
IVZ	B	0.24%
ARMK	A	0.24%
SOFI	B	0.24%
MOG.A	B	0.24%
AR	B	0.24%
NCLH	B	0.24%
DCI	A	0.24%
RNR	C	0.24%
WEX	F	0.24%
ALK	A	0.23%
CBSH	B	0.23%
CNM	D	0.23%
PRI	A	0.23%
FHN	B	0.23%
EXLS	A	0.23%
REZI	B	0.23%
WCC	B	0.23%
CW	B	0.23%
ATR	B	0.23%
AWI	B	0.23%
MTG	B	0.23%
CUZ	B	0.22%
CVLT	B	0.22%
LAD	B	0.22%
CMC	B	0.22%
NJR	A	0.22%
PLNT	B	0.21%
WTS	B	0.21%
RHI	C	0.21%
BFAM	F	0.21%
NFG	B	0.21%
ONTO	F	0.21%
THC	D	0.21%
GNRC	B	0.21%
CDP	C	0.21%
AA	A	0.21%
GME	C	0.21%
INSM	C	0.21%
WAL	B	0.21%
HOG	F	0.2%
LECO	C	0.2%
KBH	C	0.2%
FRPT	B	0.2%
BDC	B	0.2%
PCTY	B	0.2%
FBP	B	0.2%
PCVX	D	0.2%
BHLB	B	0.2%
ZION	B	0.2%
CACI	D	0.2%
EGP	D	0.2%
CMA	A	0.2%
LSTR	B	0.2%
CR	B	0.2%
KNSL	B	0.2%
CUBE	D	0.2%
MTN	C	0.2%
OMF	A	0.2%
NVT	B	0.2%
TGNA	B	0.2%
ENSG	D	0.2%
FND	C	0.2%
WMS	F	0.2%
HHH	B	0.2%
ZWS	A	0.2%
RLI	A	0.2%
WK	B	0.2%
ENLC	B	0.19%
FCN	D	0.19%
WING	F	0.19%
DAR	C	0.19%
LNW	D	0.19%
DUOL	B	0.19%
OHI	D	0.19%
WWD	B	0.19%
WHR	B	0.19%
ITRI	B	0.19%
AXS	A	0.19%
AVA	B	0.19%
RHP	B	0.19%
PR	C	0.19%
CNO	A	0.19%
MDU	F	0.19%
PCOR	B	0.18%
SRPT	F	0.18%
ESTC	C	0.18%
MORN	A	0.18%
BERY	B	0.18%
MOD	B	0.18%
THG	C	0.18%
GATX	A	0.18%
MTZ	B	0.18%
HRB	D	0.18%
CIEN	B	0.18%
ONB	B	0.18%
GKOS	B	0.18%
HAS	D	0.18%
AMG	B	0.18%
EPRT	B	0.18%
TKO	B	0.18%
NOVT	D	0.18%
SPXC	B	0.18%
TMHC	A	0.17%
PCH	C	0.17%
UBSI	B	0.17%
CHX	C	0.17%
LAZ	B	0.17%
VFC	C	0.17%
MSA	C	0.17%
DLB	B	0.17%
LUMN	C	0.17%
ASB	B	0.17%
HQY	B	0.17%
BWA	C	0.17%
NYT	C	0.17%
LPX	B	0.17%
WSC	D	0.17%
BANR	B	0.17%
PEN	C	0.17%
SF	B	0.17%
PLXS	B	0.17%
PVH	C	0.16%
WFRD	F	0.16%
CRS	B	0.16%
TNL	A	0.16%
BHE	B	0.16%
BCC	B	0.16%
FAF	B	0.16%
MTH	C	0.16%
SITE	C	0.16%
ACIW	B	0.16%
BRX	A	0.16%
VOYA	B	0.16%
JAZZ	B	0.16%
GXO	B	0.16%
GTLB	C	0.16%
ECG	C	0.16%
SPSC	C	0.16%
FLS	A	0.16%
SLM	B	0.16%
EAT	A	0.16%
SR	A	0.15%
BILL	A	0.15%
CRUS	F	0.15%
VNT	C	0.15%
ATI	D	0.15%
CPF	B	0.15%
MEDP	F	0.15%
CROX	F	0.15%
ITCI	C	0.15%
X	C	0.15%
FMC	D	0.15%
RKLB	B	0.15%
FIBK	B	0.15%
HNI	B	0.15%
RRX	A	0.15%
NOV	C	0.15%
MMSI	B	0.15%
VVV	F	0.15%
FN	D	0.15%
FSS	B	0.15%
RGEN	D	0.15%
ELAN	F	0.15%
CFLT	B	0.15%
AM	B	0.15%
TTEK	F	0.15%
DBX	C	0.15%
LSCC	D	0.15%
OZK	B	0.14%
CHE	D	0.14%
CHDN	B	0.14%
KNF	B	0.14%
CZR	D	0.14%
ESI	B	0.14%
AZEK	B	0.14%
SMAR	A	0.14%
RYAN	A	0.14%
AGCO	D	0.14%
IBCP	B	0.14%
ALTR	B	0.14%
JXN	B	0.14%
TPX	A	0.14%
GTLS	B	0.14%
MKSI	C	0.14%
RMBS	C	0.14%
CADE	B	0.14%
NPO	A	0.14%
WH	A	0.14%
BECN	B	0.14%
ANF	C	0.14%
VLY	B	0.14%
QTWO	A	0.13%
AIT	B	0.13%
CBT	C	0.13%
FYBR	D	0.13%
BRKR	F	0.13%
MUR	F	0.13%
COLB	B	0.13%
LFUS	D	0.13%
ITGR	A	0.13%
HESM	B	0.13%
ELF	C	0.13%
VMI	A	0.13%
SWX	B	0.13%
ORI	A	0.13%
CAVA	C	0.13%
PINC	B	0.13%
HIW	D	0.13%
PDCO	D	0.13%
HXL	D	0.13%
CRDO	B	0.13%
BCPC	B	0.13%
CPK	A	0.13%
WTM	A	0.13%
HAE	B	0.12%
RDUS	C	0.12%
AGNC	D	0.12%
CVBF	B	0.12%
KD	B	0.12%
AVAV	D	0.12%
EVR	B	0.12%
WERN	B	0.12%
ABG	B	0.12%
M	D	0.12%
GL	C	0.12%
GAP	C	0.12%
BLKB	B	0.12%
NSIT	F	0.12%
ADT	B	0.12%
MTX	B	0.12%
THO	B	0.12%
S	B	0.12%
MAT	D	0.12%
FULT	B	0.12%
EPAC	B	0.12%
CSGS	B	0.11%
CRNX	C	0.11%
AUB	B	0.11%
MARA	C	0.11%
DXC	B	0.11%
ORA	B	0.11%
KRC	C	0.11%
AROC	B	0.11%
ABCB	B	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%
LNTH	D	0.11%
IRDM	C	0.11%
GMED	A	0.11%
OLLI	C	0.11%
APPF	B	0.11%
EFSC	B	0.11%
CYTK	F	0.11%
PATH	C	0.11%
ADC	B	0.11%
KAR	B	0.11%
RXO	C	0.1%
RVMD	B	0.1%
VECO	F	0.1%
SCL	C	0.1%
HCP	B	0.1%
TRN	B	0.1%
TDC	D	0.1%
TENB	C	0.1%
CAC	B	0.1%
FIVE	D	0.1%
FUL	D	0.1%
LYFT	C	0.1%
SSD	C	0.1%
HASI	D	0.1%
DY	D	0.1%
CGNX	C	0.1%
APAM	B	0.1%
TRNO	D	0.1%
STWD	C	0.1%
TXRH	A	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%
RDNT	C	0.1%
BRBR	B	0.1%
CRC	C	0.1%
AL	A	0.1%
SLG	B	0.1%
XENE	C	0.1%
LEA	F	0.1%
VKTX	F	0.1%
ALTM	C	0.1%
PFSI	C	0.1%
SIG	B	0.1%
DRS	B	0.1%
PEGA	A	0.1%
DNLI	D	0.09%
GVA	B	0.09%
RDN	C	0.09%
ABM	B	0.09%
AVPT	B	0.09%
TDS	B	0.09%
CNK	B	0.09%
ZI	C	0.09%
ARW	D	0.09%
SLAB	D	0.09%
BRC	C	0.09%
UNIT	B	0.09%
RL	B	0.09%
CHWY	C	0.09%
FR	C	0.09%
CURB	C	0.09%
HWC	B	0.09%
MIR	B	0.09%
OPCH	F	0.09%
POST	B	0.09%
PRCT	B	0.09%
NXST	C	0.09%
MTSI	B	0.09%
ACHC	F	0.09%
LNC	B	0.09%
SJW	D	0.09%
BHVN	D	0.09%
IMAX	B	0.09%
NXT	C	0.09%
BE	B	0.09%
IBP	C	0.09%
ESE	B	0.09%
NWL	A	0.09%
CFR	B	0.09%
HALO	F	0.09%
ALKS	B	0.09%
TILE	A	0.08%
OLED	F	0.08%
CRSP	C	0.08%
UEC	B	0.08%
CCCS	A	0.08%
SASR	B	0.08%
PRVA	B	0.08%
AEO	F	0.08%
BPMC	C	0.08%
ENR	A	0.08%
DOCS	C	0.08%
SNX	C	0.08%
BXMT	C	0.08%
TBBK	B	0.08%
BROS	B	0.08%
NWN	A	0.08%
PRKS	C	0.08%
KTOS	B	0.08%
ERII	D	0.08%
BPOP	B	0.08%
WRBY	B	0.08%
PAR	A	0.08%
VAC	B	0.08%
LBPH	A	0.08%
PLYA	B	0.08%
INDB	B	0.08%
TARS	B	0.08%
NTGR	B	0.08%
ENOV	C	0.08%
BOH	B	0.08%
OGN	F	0.08%
HR	B	0.08%
STC	A	0.08%
AUR	B	0.08%
ZD	C	0.08%
MAC	A	0.08%
VNO	B	0.08%
JBT	B	0.08%
WEN	D	0.08%
AMED	F	0.08%
ATKR	C	0.08%
BWIN	D	0.08%
SHAK	B	0.08%
RNST	B	0.08%
TDOC	C	0.07%
ICFI	F	0.07%
AAT	B	0.07%
OII	B	0.07%
GT	C	0.07%
MASI	A	0.07%
SEE	C	0.07%
SKT	A	0.07%
TREX	C	0.07%
SG	B	0.07%
RH	B	0.07%
PECO	B	0.07%
CWK	B	0.07%
VERX	A	0.07%
ESNT	D	0.07%
HAFC	B	0.07%
MHK	D	0.07%
AVNT	B	0.07%
WU	D	0.07%
ESRT	C	0.07%
PRGO	C	0.07%
CWEN	C	0.07%
PAYO	B	0.07%
ROG	D	0.07%
GTES	A	0.07%
VVX	C	0.07%
FIVN	C	0.07%
VREX	C	0.07%
CMP	C	0.07%
ACLX	C	0.07%
XHR	A	0.07%
CTS	B	0.07%
GH	B	0.07%
BC	C	0.07%
BDN	C	0.07%
AMWD	B	0.07%
EE	B	0.07%
SXT	B	0.07%
RNA	D	0.07%
ST	F	0.07%
WTFC	B	0.07%
SPB	C	0.07%
EWTX	C	0.07%
AZTA	D	0.07%
ICUI	D	0.07%
AN	B	0.07%
HBI	B	0.07%
OUT	A	0.07%
VSEC	C	0.07%
PI	D	0.07%
SBRA	B	0.07%
TNET	D	0.07%
MRUS	F	0.06%
LXP	D	0.06%
CMCO	C	0.06%
PRO	C	0.06%
CC	C	0.06%
AGIO	B	0.06%
AXSM	B	0.06%
PTCT	B	0.06%
NBTB	B	0.06%
CLH	B	0.06%
ATEN	B	0.06%
VRDN	D	0.06%
MGNI	B	0.06%
COLD	F	0.06%
ATGE	B	0.06%
SFBS	B	0.06%
MXL	C	0.06%
TMCI	C	0.06%
WT	B	0.06%
PBF	D	0.06%
MDGL	B	0.06%
EXP	B	0.06%
RUSHB	B	0.06%
COKE	C	0.06%
AGO	A	0.06%
AIR	B	0.06%
ZYME	C	0.06%
IRON	C	0.06%
VBTX	A	0.06%
CHH	A	0.06%
PYCR	C	0.06%
HAIN	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%
SATS	D	0.06%
BYD	B	0.06%
PPBI	B	0.06%
PAHC	C	0.06%
TALO	C	0.06%
PK	B	0.06%
MAN	D	0.06%
FUN	C	0.06%
ROIV	B	0.06%
VVI	B	0.06%
SM	C	0.06%
W	D	0.06%
APG	B	0.06%
ENV	B	0.06%
HELE	C	0.06%
AVDX	C	0.06%
PEB	D	0.06%
PDM	D	0.06%
FRSH	C	0.06%
BKU	B	0.06%
KREF	D	0.06%
WD	C	0.06%
IBOC	B	0.06%
NVST	C	0.06%
TGTX	B	0.06%
RARE	F	0.06%
FFIN	B	0.06%
OWL	B	0.06%
ADMA	B	0.06%
LBRDK	C	0.06%
SMTC	A	0.06%
CLB	C	0.06%
ACVA	B	0.06%
HI	C	0.06%
UPBD	B	0.06%
CBU	B	0.06%
BANC	B	0.06%
CLF	F	0.06%
COLM	A	0.06%
DEA	D	0.06%
COMP	A	0.06%
AI	B	0.06%
TGI	B	0.06%
ALHC	C	0.06%
GBX	A	0.06%
VNOM	B	0.06%
LGF.A	C	0.05%
ARVN	F	0.05%
MNRO	C	0.05%
FTRE	C	0.05%
BNL	D	0.05%
RXST	F	0.05%
AXL	C	0.05%
PLOW	D	0.05%
THS	F	0.05%
RUN	F	0.05%
PGRE	D	0.05%
PENN	C	0.05%
NRIX	D	0.05%
RYN	C	0.05%
KLG	C	0.05%
JANX	D	0.05%
EMBC	C	0.05%
MLTX	C	0.05%
FLG	C	0.05%
MLNK	C	0.05%
SMP	C	0.05%
PBI	B	0.05%
PFS	B	0.05%
TWST	C	0.05%
CNMD	C	0.05%
KYMR	C	0.05%
ICHR	C	0.05%
MPW	F	0.05%
OMCL	C	0.05%
SLNO	B	0.05%
CSTL	D	0.05%
TROX	F	0.05%
SAVA	F	0.05%
DGII	B	0.05%
AWR	B	0.05%
SBH	B	0.05%
GOGO	C	0.05%
INFA	D	0.05%
HLX	C	0.05%
ASAN	C	0.05%
NEO	C	0.05%
INFN	D	0.05%
AMBC	C	0.05%
XRAY	F	0.05%
LCID	F	0.05%
BGC	C	0.05%
EDR	A	0.05%
PRG	B	0.05%
RNG	B	0.05%
WKC	D	0.05%
MMI	B	0.05%
MTTR	B	0.05%
CDE	D	0.05%
CLSK	C	0.05%
ZUO	C	0.05%
GERN	D	0.05%
IART	C	0.05%
AAP	C	0.05%
ELVN	D	0.05%
KROS	D	0.05%
LIVN	F	0.05%
MRC	B	0.05%
LEG	D	0.05%
VYX	C	0.05%
SPR	D	0.05%
ASTE	C	0.05%
XPRO	F	0.05%
FFBC	B	0.05%
INVX	C	0.05%
KVYO	C	0.05%
VSTS	C	0.05%
CWEN	C	0.05%
CUBI	C	0.05%
DCO	B	0.05%
VERA	B	0.05%
HLIT	F	0.05%
EPR	D	0.05%
NBHC	B	0.05%
NCNO	B	0.05%
KMPR	B	0.05%
DNOW	B	0.05%
TNC	D	0.05%
SLVM	B	0.05%
DLX	B	0.05%
IDYA	F	0.05%
CLNE	D	0.05%
VRNT	C	0.05%
RBBN	C	0.05%
EXPO	D	0.05%
JBGS	D	0.05%
PNTG	D	0.05%
CECO	B	0.05%
AORT	B	0.05%
JWN	A	0.05%
CLVT	F	0.05%
RAMP	C	0.05%
FL	D	0.05%
COOP	B	0.05%
MOV	C	0.05%
ARQT	C	0.05%
PD	C	0.05%
CIVI	D	0.05%
NUVL	D	0.05%
OMI	F	0.04%
NEP	F	0.04%
BKD	F	0.04%
ARCT	F	0.04%
RXRX	F	0.04%
JAMF	F	0.04%
CAL	D	0.04%
GPRE	F	0.04%
RCUS	F	0.04%
CRI	F	0.04%
SNDX	F	0.04%
FORM	F	0.04%
MMS	F	0.04%
PENG	F	0.04%
IMVT	F	0.04%
SHC	F	0.04%
XRX	F	0.04%
CLDX	F	0.04%
QS	F	0.04%
SIBN	F	0.04%
MLKN	D	0.04%
APGE	F	0.04%
HOUS	C	0.04%
PLUG	D	0.04%
CXM	C	0.04%
BBIO	D	0.04%
DK	C	0.04%
AMC	C	0.04%
COGT	D	0.04%
QDEL	F	0.04%
DYN	F	0.04%
MTUS	C	0.04%
ASH	F	0.04%
IONS	F	0.04%
PLRX	C	0.04%
TNDM	F	0.04%
NUVB	C	0.04%
IVR	D	0.04%
MEI	D	0.04%
HL	F	0.04%
KSS	F	0.04%
PTEN	C	0.04%
OSCR	F	0.04%
FLO	C	0.04%
ETNB	C	0.04%
ESTA	D	0.04%
BEAM	C	0.04%
RKT	F	0.04%
NVCR	C	0.04%
NEOG	C	0.04%
CWT	D	0.04%
EPC	D	0.04%
AHH	D	0.04%
SWTX	C	0.04%
ARLO	C	0.04%
UCB	B	0.04%
THRM	D	0.04%
KRYS	C	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%
HPP	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%
MYGN	F	0.03%
CDNA	D	0.03%
KELYA	F	0.03%
APLS	D	0.03%
ETWO	F	0.03%
ALEC	F	0.03%
SVRA	F	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%
DEI	A	0.02%
WOLF	F	0.02%
KURA	F	0.02%
GDOT	D	0.01%
MAGN	F	0.01%

ESML Underweight 197 Positions Relative to QSML

Symbol	Grade	Weight
CSWI	A	-0.91%
MATX	C	-0.74%
CORT	B	-0.73%
CNS	B	-0.72%
ROAD	B	-0.7%
KAI	B	-0.66%
FIZZ	B	-0.62%
GOLF	B	-0.62%
STEP	B	-0.62%
NOG	A	-0.61%
DORM	B	-0.6%
CRK	B	-0.58%
USLM	B	-0.58%
CEIX	A	-0.57%
IPAR	B	-0.57%
GMS	B	-0.56%
CVCO	B	-0.55%
SAM	C	-0.53%
ENS	D	-0.53%
BTU	C	-0.51%
CARG	C	-0.5%
ASO	F	-0.49%
FHI	A	-0.49%
ARCH	B	-0.46%
AMR	C	-0.44%
SNEX	A	-0.44%
RRR	F	-0.43%
LBRT	F	-0.43%
GSHD	B	-0.43%
HUBG	A	-0.43%
PATK	C	-0.42%
KWR	D	-0.41%
ENVA	B	-0.4%
NSP	F	-0.39%
DRVN	B	-0.38%
VCEL	B	-0.38%
ACAD	D	-0.38%
DIOD	D	-0.36%
MCW	C	-0.36%
DFH	C	-0.36%
VSTO	A	-0.36%
LGIH	C	-0.35%
RVLV	B	-0.35%
BKE	B	-0.34%
VICR	B	-0.34%
STRA	C	-0.33%
EVTC	C	-0.33%
TR	B	-0.33%
LMAT	B	-0.32%
VZIO	A	-0.31%
VSH	F	-0.3%
SAH	B	-0.3%
AMPH	F	-0.3%
SEMR	C	-0.29%
ASTH	F	-0.29%
EVCM	B	-0.29%
HEES	B	-0.29%
ACLS	F	-0.29%
UPWK	B	-0.28%
WOR	D	-0.28%
CVI	F	-0.28%
SUPN	C	-0.27%
HRMY	D	-0.26%
DSGR	C	-0.25%
MBIN	F	-0.25%
DVAX	C	-0.23%
MCRI	A	-0.23%
CHEF	B	-0.23%
WINA	B	-0.22%
PLAB	C	-0.22%
PZZA	F	-0.22%
UCTT	D	-0.22%
ATSG	B	-0.22%
NVEE	F	-0.21%
GDRX	F	-0.21%
AMRC	F	-0.2%
UTZ	D	-0.19%
IMKTA	C	-0.19%
ULH	B	-0.19%
MRTN	C	-0.19%
GDYN	B	-0.18%
COHU	C	-0.18%
NSSC	D	-0.18%
IDT	B	-0.18%
RES	D	-0.18%
HCI	B	-0.17%
CARS	B	-0.17%
OXM	D	-0.17%
LMB	B	-0.16%
CWH	C	-0.16%
SSTK	F	-0.16%
VMEO	B	-0.16%
BBSI	A	-0.16%
GIC	F	-0.15%
VTOL	B	-0.15%
CRCT	F	-0.15%
HOV	C	-0.15%
JBI	F	-0.15%
UTI	A	-0.15%
TPB	B	-0.15%
BXC	B	-0.15%
ACMR	F	-0.15%
BELFB	C	-0.14%
HTLD	C	-0.14%
JBSS	F	-0.14%
MGPI	F	-0.14%
COLL	F	-0.14%
VTLE	C	-0.14%
SCVL	F	-0.14%
NX	C	-0.14%
BLMN	F	-0.14%
RSI	B	-0.13%
TRNS	F	-0.13%
KRUS	C	-0.13%
RYI	C	-0.12%
CTKB	C	-0.12%
HCKT	B	-0.12%
FIGS	F	-0.12%
FWRD	D	-0.12%
TH	C	-0.12%
ARRY	C	-0.11%
REPX	B	-0.11%
LPRO	C	-0.11%
PARR	D	-0.11%
HAYN	C	-0.11%
REX	F	-0.11%
LQDT	B	-0.11%
VIR	F	-0.11%
MLR	B	-0.11%
IMXI	B	-0.1%
RGR	F	-0.1%
WRLD	C	-0.1%
PCRX	C	-0.1%
AMRK	F	-0.1%
PUBM	C	-0.1%
SNCY	C	-0.1%
CDMO	B	-0.1%
METC	C	-0.1%
SHLS	F	-0.1%
LEGH	C	-0.09%
EVER	F	-0.09%
SWBI	C	-0.09%
MRVI	F	-0.09%
LXU	C	-0.09%
PLPC	B	-0.09%
IRMD	B	-0.09%
CTLP	B	-0.09%
RICK	C	-0.08%
CSV	A	-0.08%
ORGO	C	-0.08%
GCMG	B	-0.08%
IIIV	C	-0.08%
UWMC	F	-0.08%
IIIN	C	-0.08%
SD	D	-0.07%
ODC	C	-0.07%
CRSR	C	-0.07%
THRY	F	-0.07%
DHIL	B	-0.07%
BAND	C	-0.07%
HNRG	B	-0.07%
SLP	D	-0.07%
HUMA	F	-0.07%
BBW	B	-0.07%
LOVE	B	-0.07%
TCMD	B	-0.06%
CLFD	F	-0.06%
MCFT	B	-0.06%
ONEW	D	-0.05%
SMLR	C	-0.05%
DSP	B	-0.05%
REI	F	-0.05%
LAW	D	-0.05%
RNGR	B	-0.05%
MITK	C	-0.05%
NEWT	B	-0.05%
MYE	F	-0.05%
LSEA	C	-0.05%
IPI	B	-0.05%
HVT	F	-0.05%
TITN	C	-0.05%
ZYXI	D	-0.04%
UTMD	D	-0.04%
AMPY	C	-0.04%
HDSN	F	-0.04%
NRC	F	-0.04%
VYGR	F	-0.04%
AEHR	F	-0.04%
OSUR	F	-0.04%
MED	D	-0.03%
TTEC	D	-0.03%
EVC	C	-0.03%
EPM	C	-0.03%
INTT	C	-0.02%
RCMT	C	-0.02%
NRDY	C	-0.01%
LUNA	D	-0.0%