ESML vs. VB ETF Comparison

Comparison of iShares MSCI USA Small-Cap ESG Optimized ETF (ESML) to Vanguard Small-Cap ETF (VB)

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

$38.21

Average Daily Volume

139,945

Number of Holdings ^*

900

* may have additional holdings in another (foreign) market

VB

Vanguard Small-Cap ETF

VB Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Small Cap Index, a broadly diversified index of stocks of small U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$218.21

Average Daily Volume

518,650

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

Performance

Period	ESML	VB
30 Days	-2.75%	-2.50%
60 Days	2.10%	2.19%
90 Days	-2.57%	-2.58%
12 Months	11.61%	14.29%

318 Overlapping Holdings

Symbol	Grade	Weight in ESML	Weight in VB	Overlap
AA	B	0.17%	0.14%	0.14%
AAON	C	0.18%	0.09%	0.09%
AAP	C	0.09%	0.07%	0.07%
ABG	B	0.12%	0.09%	0.09%
ACA	B	0.13%	0.08%	0.08%
ACHC	D	0.2%	0.11%	0.11%
ADC	B	0.1%	0.11%	0.1%
AFRM	F	0.16%	0.11%	0.11%
AGCO	F	0.17%	0.12%	0.12%
AGNC	A	0.14%	0.12%	0.12%
AGO	C	0.05%	0.08%	0.05%
AIRC	A	0.06%	0.09%	0.06%
AIT	C	0.1%	0.13%	0.1%
AL	C	0.11%	0.09%	0.09%
ALK	C	0.2%	0.09%	0.09%
ALSN	C	0.19%	0.12%	0.12%
ALTR	B	0.15%	0.09%	0.09%
AM	B	0.16%	0.09%	0.09%
AMG	C	0.26%	0.09%	0.09%
AN	C	0.09%	0.1%	0.09%
ANF	B	0.22%	0.15%	0.15%
APG	B	0.07%	0.14%	0.07%
APPF	C	0.13%	0.08%	0.08%
AR	C	0.28%	0.17%	0.17%
ARMK	A	0.23%	0.15%	0.15%
ARW	C	0.1%	0.13%	0.1%
ASGN	D	0.18%	0.07%	0.07%
ASH	C	0.05%	0.08%	0.05%
ATI	D	0.17%	0.14%	0.14%
ATKR	F	0.16%	0.1%	0.1%
ATR	B	0.23%	0.17%	0.17%
AVAV	C	0.15%	0.1%	0.1%
AVNT	C	0.07%	0.07%	0.07%
AVT	B	0.31%	0.09%	0.09%
AWI	C	0.2%	0.09%	0.09%
AXS	B	0.17%	0.1%	0.1%
AXTA	B	0.29%	0.14%	0.14%
AYI	D	0.3%	0.14%	0.14%
AZEK	D	0.15%	0.12%	0.12%
BC	F	0.08%	0.1%	0.08%
BCC	D	0.17%	0.1%	0.1%
BCPC	B	0.13%	0.09%	0.09%
BECN	C	0.15%	0.11%	0.11%
BERY	B	0.18%	0.12%	0.12%
BFAM	D	0.23%	0.11%	0.11%
BILL	F	0.09%	0.09%	0.09%
BJ	B	0.29%	0.21%	0.21%
BLD	C	0.34%	0.24%	0.24%
BLKB	D	0.12%	0.07%	0.07%
BMI	B	0.29%	0.1%	0.1%
BPMC	B	0.1%	0.11%	0.1%
BPOP	C	0.08%	0.11%	0.08%
BRBR	D	0.08%	0.14%	0.08%
BRKR	D	0.17%	0.12%	0.12%
BRX	B	0.12%	0.12%	0.12%
BWA	F	0.19%	0.15%	0.15%
BWXT	C	0.25%	0.15%	0.15%
CACI	A	0.2%	0.17%	0.17%
CADE	C	0.13%	0.09%	0.09%
CASY	B	0.56%	0.22%	0.22%
CBSH	C	0.2%	0.12%	0.12%
CBT	C	0.13%	0.1%	0.1%
CFR	D	0.08%	0.1%	0.08%
CGNX	B	0.15%	0.14%	0.14%
CHDN	A	0.15%	0.15%	0.15%
CHE	D	0.13%	0.15%	0.13%
CHX	C	0.19%	0.11%	0.11%
CIEN	C	0.15%	0.12%	0.12%
CIVI	D	0.09%	0.13%	0.09%
CLH	A	0.06%	0.19%	0.06%
CMA	C	0.18%	0.12%	0.12%
CMC	C	0.21%	0.12%	0.12%
CNM	C	0.3%	0.19%	0.19%
COHR	B	0.23%	0.15%	0.15%
COKE	B	0.05%	0.09%	0.05%
COLD	C	0.07%	0.13%	0.07%
COOP	B	0.05%	0.09%	0.05%
CR	B	0.18%	0.13%	0.13%
CROX	B	0.26%	0.16%	0.16%
CRS	C	0.1%	0.09%	0.09%
CRUS	B	0.24%	0.11%	0.11%
CUBE	B	0.21%	0.17%	0.17%
CVLT	A	0.17%	0.08%	0.08%
CVNA	B	0.23%	0.19%	0.19%
CW	B	0.2%	0.19%	0.19%
CYTK	D	0.14%	0.1%	0.1%
DAR	F	0.19%	0.11%	0.11%
DBX	D	0.12%	0.1%	0.1%
DCI	D	0.27%	0.16%	0.16%
DLB	D	0.2%	0.09%	0.09%
DTM	A	0.22%	0.12%	0.12%
DUOL	C	0.09%	0.12%	0.09%
DY	B	0.1%	0.09%	0.09%
EGP	C	0.22%	0.14%	0.14%
EHC	B	0.27%	0.15%	0.15%
ELAN	B	0.24%	0.16%	0.16%
ELF	B	0.25%	0.18%	0.18%
ENSG	B	0.19%	0.12%	0.12%
EPRT	B	0.15%	0.08%	0.08%
ESI	B	0.15%	0.1%	0.1%
ESNT	B	0.09%	0.1%	0.09%
ESTC	C	0.24%	0.15%	0.15%
ETRN	C	0.16%	0.1%	0.1%
EVR	B	0.1%	0.12%	0.1%
EWBC	C	0.32%	0.19%	0.19%
EXLS	C	0.17%	0.08%	0.08%
EXPO	B	0.06%	0.09%	0.06%
FAF	D	0.15%	0.1%	0.1%
FCN	D	0.23%	0.14%	0.14%
FHN	C	0.2%	0.16%	0.16%
FIVE	F	0.15%	0.13%	0.13%
FIX	C	0.35%	0.21%	0.21%
FLR	A	0.1%	0.13%	0.1%
FLS	C	0.14%	0.12%	0.12%
FMC	D	0.17%	0.14%	0.14%
FN	B	0.19%	0.15%	0.15%
FNB	C	0.06%	0.09%	0.06%
FND	C	0.27%	0.21%	0.21%
FORM	B	0.05%	0.08%	0.05%
FR	D	0.09%	0.11%	0.09%
FRPT	A	0.18%	0.11%	0.11%
FRT	C	0.31%	0.15%	0.15%
FSS	D	0.16%	0.1%	0.1%
FTI	C	0.34%	0.19%	0.19%
FUL	C	0.12%	0.08%	0.08%
FYBR	B	0.11%	0.12%	0.11%
GATX	B	0.2%	0.09%	0.09%
GBCI	D	0.22%	0.07%	0.07%
GKOS	B	0.17%	0.09%	0.09%
GME	C	0.16%	0.11%	0.11%
GMED	B	0.1%	0.14%	0.1%
GNRC	D	0.18%	0.16%	0.16%
GPK	D	0.3%	0.15%	0.15%
GPS	C	0.16%	0.12%	0.12%
GTLB	F	0.13%	0.08%	0.08%
GTLS	F	0.16%	0.12%	0.12%
GWRE	A	0.35%	0.17%	0.17%
GXO	F	0.16%	0.11%	0.11%
HAE	D	0.13%	0.08%	0.08%
HALO	B	0.12%	0.1%	0.1%
HAS	B	0.26%	0.14%	0.14%
HOG	D	0.24%	0.08%	0.08%
HQY	B	0.15%	0.12%	0.12%
HRB	A	0.19%	0.12%	0.12%
HXL	D	0.16%	0.1%	0.1%
IBP	D	0.11%	0.09%	0.09%
INGR	C	0.37%	0.14%	0.14%
INSM	A	0.13%	0.16%	0.13%
INSP	F	0.09%	0.08%	0.08%
ITCI	B	0.14%	0.12%	0.12%
ITRI	C	0.2%	0.09%	0.09%
ITT	C	0.27%	0.19%	0.19%
IVZ	C	0.23%	0.12%	0.12%
JAZZ	F	0.16%	0.11%	0.11%
JEF	B	0.08%	0.12%	0.08%
JHG	B	0.43%	0.08%	0.08%
JLL	B	0.33%	0.17%	0.17%
JXN	B	0.12%	0.11%	0.11%
KBH	B	0.22%	0.09%	0.09%
KBR	C	0.42%	0.16%	0.16%
KD	B	0.1%	0.11%	0.1%
KNSL	D	0.19%	0.15%	0.15%
KTB	B	0.13%	0.07%	0.07%
LAD	F	0.18%	0.12%	0.12%
LEA	F	0.13%	0.13%	0.13%
LECO	D	0.23%	0.2%	0.2%
LFUS	B	0.18%	0.11%	0.11%
LNC	B	0.1%	0.1%	0.1%
LNTH	C	0.11%	0.1%	0.1%
LNW	B	0.21%	0.15%	0.15%
LOPE	D	0.07%	0.08%	0.07%
LPX	B	0.16%	0.11%	0.11%
LSTR	B	0.25%	0.12%	0.12%
LYFT	F	0.11%	0.09%	0.09%
M	D	0.17%	0.09%	0.09%
MARA	C	0.1%	0.07%	0.07%
MASI	B	0.06%	0.11%	0.06%
MAT	D	0.13%	0.11%	0.11%
MDU	B	0.29%	0.09%	0.09%
MEDP	B	0.18%	0.17%	0.17%
MHK	D	0.06%	0.12%	0.06%
MKSI	B	0.19%	0.15%	0.15%
MMSI	B	0.14%	0.08%	0.08%
MOG.A	C	0.21%	0.09%	0.09%
MORN	C	0.17%	0.13%	0.13%
MSA	C	0.2%	0.12%	0.12%
MTDR	D	0.05%	0.12%	0.05%
MTG	B	0.25%	0.1%	0.1%
MTH	D	0.17%	0.11%	0.11%
MTN	D	0.24%	0.13%	0.13%
MTSI	B	0.08%	0.1%	0.08%
MTZ	B	0.16%	0.13%	0.13%
MUR	D	0.17%	0.11%	0.11%
MUSA	A	0.34%	0.15%	0.15%
NCLH	C	0.19%	0.13%	0.13%
NFG	C	0.21%	0.09%	0.09%
NJR	D	0.24%	0.08%	0.08%
NNN	B	0.18%	0.14%	0.14%
NOV	D	0.2%	0.13%	0.13%
NOVT	B	0.21%	0.1%	0.1%
NSIT	B	0.19%	0.11%	0.11%
NTNX	D	0.31%	0.24%	0.24%
NTRA	B	0.23%	0.22%	0.22%
NVT	B	0.24%	0.24%	0.24%
NXST	C	0.09%	0.1%	0.09%
NYT	B	0.19%	0.14%	0.14%
OGN	B	0.13%	0.1%	0.1%
OHI	A	0.26%	0.14%	0.14%
OLED	A	0.11%	0.14%	0.11%
OLLI	B	0.07%	0.09%	0.07%
OMF	C	0.19%	0.1%	0.1%
ONB	C	0.16%	0.09%	0.09%
ONTO	B	0.32%	0.19%	0.19%
OPCH	D	0.13%	0.09%	0.09%
ORI	C	0.12%	0.14%	0.12%
OSK	C	0.32%	0.13%	0.13%
OZK	D	0.12%	0.08%	0.08%
PBF	F	0.1%	0.08%	0.08%
PCOR	D	0.16%	0.11%	0.11%
PCVX	B	0.19%	0.12%	0.12%
PEN	F	0.16%	0.12%	0.12%
PLNT	B	0.18%	0.1%	0.1%
PNFP	D	0.21%	0.1%	0.1%
POST	C	0.09%	0.09%	0.09%
POWI	D	0.1%	0.08%	0.08%
PR	D	0.21%	0.16%	0.16%
PRI	B	0.2%	0.14%	0.14%
PTEN	F	0.06%	0.08%	0.06%
PVH	C	0.21%	0.13%	0.13%
QLYS	D	0.05%	0.09%	0.05%
R	C	0.26%	0.09%	0.09%
RDN	C	0.09%	0.09%	0.09%
REXR	C	0.39%	0.17%	0.17%
RGA	B	0.3%	0.24%	0.24%
RGLD	C	0.28%	0.15%	0.15%
RHI	D	0.21%	0.11%	0.11%
RHP	D	0.19%	0.11%	0.11%
RIG	F	0.05%	0.08%	0.05%
RL	B	0.09%	0.12%	0.09%
RLI	C	0.18%	0.11%	0.11%
RMBS	F	0.17%	0.11%	0.11%
RNR	B	0.25%	0.21%	0.21%
RRC	D	0.31%	0.15%	0.15%
RRX	F	0.19%	0.18%	0.18%
RVMD	B	0.08%	0.11%	0.08%
RYAN	A	0.12%	0.09%	0.09%
RYN	C	0.05%	0.08%	0.05%
S	D	0.09%	0.07%	0.07%
SAIA	B	0.28%	0.19%	0.19%
SCI	B	0.27%	0.18%	0.18%
SEE	C	0.09%	0.1%	0.09%
SF	B	0.14%	0.14%	0.14%
SFM	B	0.31%	0.14%	0.14%
SIG	D	0.11%	0.08%	0.08%
SIGI	F	0.3%	0.11%	0.11%
SITE	F	0.19%	0.12%	0.12%
SLM	C	0.15%	0.08%	0.08%
SM	C	0.05%	0.1%	0.05%
SMAR	B	0.12%	0.09%	0.09%
SNV	C	0.23%	0.1%	0.1%
SOFI	F	0.12%	0.11%	0.11%
SON	D	0.15%	0.11%	0.11%
SPSC	B	0.19%	0.12%	0.12%
SRPT	C	0.23%	0.21%	0.21%
SSB	D	0.21%	0.1%	0.1%
SSD	D	0.1%	0.13%	0.1%
ST	D	0.11%	0.11%	0.11%
STWD	C	0.11%	0.1%	0.1%
SUM	D	0.24%	0.08%	0.08%
SWN	D	0.26%	0.15%	0.15%
SWX	D	0.14%	0.09%	0.09%
TENB	F	0.11%	0.09%	0.09%
THC	B	0.19%	0.24%	0.19%
THG	D	0.15%	0.08%	0.08%
THO	F	0.14%	0.09%	0.09%
TKR	D	0.06%	0.1%	0.06%
TMHC	D	0.15%	0.1%	0.1%
TOL	D	0.23%	0.23%	0.23%
TPR	C	0.24%	0.18%	0.18%
TPX	D	0.16%	0.15%	0.15%
TREX	F	0.13%	0.17%	0.13%
TRNO	C	0.11%	0.09%	0.09%
TTEK	B	0.18%	0.2%	0.18%
TXRH	A	0.1%	0.21%	0.1%
UBSI	D	0.14%	0.08%	0.08%
UGI	D	0.27%	0.09%	0.09%
UNM	C	0.2%	0.16%	0.16%
USFD	B	0.39%	0.22%	0.22%
VFC	C	0.16%	0.08%	0.08%
VMI	B	0.12%	0.09%	0.09%
VNO	C	0.06%	0.07%	0.06%
VNT	C	0.17%	0.11%	0.11%
VOYA	B	0.19%	0.14%	0.14%
VRNS	C	0.05%	0.08%	0.05%
VRRM	B	0.07%	0.07%	0.07%
VVV	C	0.19%	0.09%	0.09%
W	F	0.09%	0.1%	0.09%
WAL	D	0.17%	0.12%	0.12%
WBS	D	0.23%	0.14%	0.14%
WCC	D	0.22%	0.16%	0.16%
WEX	F	0.27%	0.14%	0.14%
WFRD	C	0.24%	0.15%	0.15%
WH	C	0.12%	0.1%	0.1%
WHR	D	0.2%	0.09%	0.09%
WING	B	0.26%	0.19%	0.19%
WMS	C	0.32%	0.24%	0.24%
WSC	C	0.22%	0.13%	0.13%
WTFC	C	0.06%	0.11%	0.06%
WTM	B	0.14%	0.08%	0.08%
WTS	D	0.21%	0.1%	0.1%
WU	C	0.09%	0.08%	0.08%
WWD	B	0.24%	0.2%	0.2%
X	F	0.16%	0.14%	0.14%
XPO	D	0.26%	0.21%	0.21%
XRAY	F	0.09%	0.11%	0.09%
ZI	F	0.12%	0.07%	0.07%
ZION	D	0.16%	0.11%	0.11%
ZWS	D	0.19%	0.08%	0.08%

ESML Overweight 582 Positions Relative to VB

Symbol	Grade	Weight
FLEX	B	0.35%
OGS	F	0.31%
IBKR	B	0.25%
SNDR	C	0.22%
FELE	C	0.22%
MWA	C	0.22%
UMBF	D	0.21%
CNX	C	0.21%
VECO	B	0.2%
BDC	B	0.2%
AVA	D	0.2%
PRGS	F	0.2%
FTDR	B	0.2%
GPI	C	0.2%
REZI	D	0.2%
PCH	F	0.19%
KLIC	C	0.19%
CDP	B	0.19%
HHH	D	0.19%
KOS	F	0.18%
CUZ	C	0.18%
AEIS	B	0.18%
WK	F	0.18%
ENLC	D	0.18%
TKO	B	0.17%
HRI	D	0.17%
MYRG	D	0.17%
SPXC	A	0.17%
PDCO	D	0.17%
BHE	B	0.17%
NXT	C	0.17%
TGNA	D	0.17%
CNO	C	0.16%
CABO	D	0.15%
IOSP	D	0.15%
TNL	C	0.15%
PLXS	C	0.15%
YETI	C	0.15%
ASB	D	0.15%
FIBK	C	0.14%
NPO	D	0.14%
SR	D	0.14%
MOD	D	0.14%
HNI	B	0.14%
TPH	D	0.14%
HESM	A	0.14%
MTX	B	0.14%
KNTK	B	0.14%
ITGR	C	0.14%
LCII	F	0.14%
CPK	D	0.13%
SCL	D	0.13%
SLAB	F	0.13%
VLY	F	0.13%
WERN	F	0.13%
BOX	D	0.13%
HASI	B	0.13%
BHLB	D	0.12%
IBCP	D	0.12%
EPAC	B	0.12%
ACIW	A	0.12%
PFSI	B	0.12%
VKTX	D	0.12%
BANR	B	0.12%
HIW	B	0.12%
DXC	D	0.12%
TDC	D	0.12%
IRDM	F	0.12%
EVRI	C	0.12%
VC	D	0.12%
CRSP	D	0.12%
SITC	B	0.12%
SHOO	B	0.12%
PINC	F	0.12%
DFIN	D	0.12%
WGO	F	0.12%
AMN	F	0.11%
FA	C	0.11%
IDCC	A	0.11%
AEO	F	0.11%
ADT	A	0.11%
KNF	D	0.11%
PRIM	B	0.11%
FTAI	A	0.11%
WHD	C	0.11%
KAR	D	0.11%
FLO	D	0.11%
ORA	C	0.11%
WOLF	D	0.11%
XENE	F	0.11%
FULT	C	0.11%
JBT	C	0.1%
CVBF	D	0.1%
AUB	D	0.1%
VRNT	C	0.1%
WEN	F	0.1%
CPF	C	0.1%
CRC	D	0.1%
KRC	F	0.1%
KOP	F	0.1%
ERII	F	0.1%
MODG	C	0.1%
MRCY	F	0.1%
AMED	F	0.1%
SJW	F	0.1%
LRN	B	0.1%
WDFC	D	0.1%
GL	C	0.1%
ECPG	D	0.1%
TNET	F	0.1%
ALKS	C	0.1%
DV	D	0.1%
EAT	B	0.1%
IART	C	0.09%
LXP	B	0.09%
VAC	F	0.09%
BXMT	C	0.09%
FIVN	F	0.09%
MGRC	D	0.09%
SLG	B	0.09%
ALTM	F	0.09%
LEG	F	0.09%
CSGS	D	0.09%
TRN	B	0.09%
XPRO	B	0.09%
ABCB	C	0.09%
LNN	D	0.09%
ABM	A	0.09%
PSN	C	0.09%
HR	C	0.09%
SONO	F	0.09%
AROC	D	0.09%
IDYA	D	0.09%
ENOV	F	0.09%
EFSC	D	0.09%
RXO	D	0.09%
KFY	B	0.09%
HWC	D	0.09%
HIMS	C	0.09%
COLB	F	0.09%
ROG	C	0.09%
APAM	D	0.09%
BRC	B	0.09%
TEX	D	0.09%
ZD	C	0.09%
TROX	C	0.09%
TMDX	B	0.09%
RDUS	F	0.09%
STRL	C	0.09%
HCP	A	0.09%
HI	D	0.09%
DNLI	B	0.09%
VREX	F	0.08%
LEVI	B	0.08%
MRUS	B	0.08%
CWEN	B	0.08%
WOOF	C	0.08%
RNA	B	0.08%
PLMR	C	0.08%
NTLA	C	0.08%
PRVA	F	0.08%
PEGA	C	0.08%
CRVL	C	0.08%
CCS	D	0.08%
CRNX	C	0.08%
FBP	C	0.08%
XHR	D	0.08%
VITL	B	0.08%
CRDO	B	0.08%
CAC	D	0.08%
BHVN	F	0.08%
ARWR	C	0.08%
TNDM	C	0.08%
KE	D	0.08%
PLYA	D	0.08%
ICFI	D	0.08%
CTS	B	0.08%
QTWO	C	0.08%
AZZ	C	0.08%
PRGO	F	0.08%
SXT	B	0.08%
KRYS	B	0.08%
AMAL	B	0.08%
CCCS	C	0.08%
AZTA	B	0.08%
CLNE	C	0.08%
CC	F	0.08%
EYE	F	0.08%
MAN	D	0.08%
HELE	F	0.08%
PRKS	C	0.08%
GH	C	0.08%
PGNY	F	0.08%
STC	C	0.08%
MOV	D	0.08%
RDNT	B	0.08%
SPB	B	0.08%
UNIT	F	0.08%
ALG	F	0.08%
GO	D	0.07%
IRON	C	0.07%
RXST	D	0.07%
LITE	B	0.07%
MODN	B	0.07%
NEOG	C	0.07%
MIR	C	0.07%
AIR	C	0.07%
WD	C	0.07%
HGV	D	0.07%
BE	C	0.07%
CLVT	D	0.07%
BOOT	B	0.07%
XRX	F	0.07%
PDFS	B	0.07%
ENR	C	0.07%
PD	C	0.07%
LCID	F	0.07%
KSS	D	0.07%
CERE	C	0.07%
TNC	C	0.07%
CPRI	F	0.07%
SBRA	A	0.07%
ANDE	D	0.07%
RARE	F	0.07%
ESRT	D	0.07%
TWST	B	0.07%
KTOS	B	0.07%
CHH	C	0.07%
MTRN	F	0.07%
FTRE	F	0.07%
RNST	D	0.07%
BL	F	0.07%
PRCT	C	0.07%
PI	D	0.07%
PK	D	0.07%
GERN	C	0.07%
FROG	D	0.07%
CAVA	B	0.07%
LBRDA	D	0.07%
AMWD	F	0.07%
ENV	C	0.07%
BOH	F	0.07%
RUN	C	0.07%
DRS	A	0.07%
NEP	F	0.07%
CLSK	C	0.07%
PJT	B	0.07%
COLM	B	0.07%
NWL	F	0.07%
MAC	D	0.07%
IMAX	C	0.07%
NWN	F	0.07%
DEA	B	0.07%
FL	B	0.07%
SHAK	D	0.07%
CALX	C	0.07%
NARI	C	0.07%
WT	B	0.06%
SWTX	F	0.06%
ARCT	F	0.06%
SHC	C	0.06%
CNXC	C	0.06%
CRI	D	0.06%
APLS	F	0.06%
SMPL	B	0.06%
WNC	D	0.06%
MLNK	B	0.06%
MBUU	D	0.06%
HWKN	B	0.06%
PETQ	B	0.06%
SPR	C	0.06%
EPC	B	0.06%
VERX	B	0.06%
EPR	C	0.06%
WKC	B	0.06%
PLAY	F	0.06%
MLTX	F	0.06%
ARKO	C	0.06%
RCM	B	0.06%
KROS	F	0.06%
SGH	B	0.06%
EWCZ	F	0.06%
SNDX	C	0.06%
ICUI	B	0.06%
SPT	F	0.06%
ACEL	D	0.06%
ALHC	C	0.06%
ADUS	A	0.06%
PTGX	B	0.06%
TBBK	C	0.06%
IBOC	C	0.06%
CAKE	B	0.06%
AMC	D	0.06%
SKT	D	0.06%
XPEL	F	0.06%
HIBB	A	0.06%
NUVL	B	0.06%
RAMP	D	0.06%
NVST	F	0.06%
HLIT	B	0.06%
VVX	C	0.06%
MDGL	B	0.06%
SQSP	A	0.06%
ASPN	C	0.06%
AAT	B	0.06%
CBZ	D	0.06%
RCKT	D	0.06%
JWN	B	0.06%
ARRY	D	0.06%
TDS	C	0.06%
SASR	B	0.06%
VSEC	B	0.06%
AI	C	0.06%
CWK	B	0.06%
TALO	D	0.06%
YELP	F	0.06%
SEDG	F	0.06%
AVDX	C	0.06%
SEM	B	0.06%
RKT	B	0.06%
THRM	D	0.06%
KREF	D	0.06%
RH	F	0.06%
PRTA	D	0.06%
NABL	A	0.06%
GTES	D	0.06%
NTGR	B	0.06%
PLUS	D	0.06%
ACVA	C	0.06%
TMCI	F	0.06%
CMCO	F	0.06%
CLDX	D	0.06%
INFA	C	0.06%
PECO	C	0.06%
ESE	D	0.06%
JBGS	C	0.06%
ROIV	D	0.06%
POWL	C	0.06%
GVA	B	0.06%
SG	C	0.06%
CLB	B	0.06%
OUT	D	0.06%
MPW	C	0.06%
INDB	F	0.06%
PIPR	B	0.06%
UNFI	C	0.06%
HZO	C	0.06%
BANC	D	0.06%
OII	D	0.06%
ZEUS	F	0.06%
ROCK	D	0.06%
AGL	D	0.06%
MGNI	C	0.06%
KLG	F	0.05%
OFIX	F	0.05%
LIVN	C	0.05%
APGE	D	0.05%
DAWN	D	0.05%
FFBC	D	0.05%
MTW	F	0.05%
IMVT	D	0.05%
PRAA	D	0.05%
NUVB	C	0.05%
DK	F	0.05%
UEC	D	0.05%
FRSH	D	0.05%
BRY	F	0.05%
MTUS	D	0.05%
CERT	F	0.05%
SAVA	D	0.05%
UPWK	D	0.05%
CWT	D	0.05%
JAMF	F	0.05%
MTTR	C	0.05%
AGYS	B	0.05%
ALV	D	0.05%
XNCR	F	0.05%
QDEL	F	0.05%
CMP	F	0.05%
JELD	F	0.05%
HAYW	D	0.05%
CDE	B	0.05%
CSTL	D	0.05%
SMP	D	0.05%
VBTX	C	0.05%
ARVN	F	0.05%
CCOI	F	0.05%
ALEC	D	0.05%
MEI	F	0.05%
SKY	C	0.05%
HLX	C	0.05%
SIBN	F	0.05%
OEC	D	0.05%
RBBN	C	0.05%
HPP	D	0.05%
CPRX	C	0.05%
RUSHB	F	0.05%
ATEN	D	0.05%
FLGT	D	0.05%
QS	F	0.05%
ASTE	F	0.05%
KVYO	F	0.05%
NBHC	B	0.05%
JANX	D	0.05%
MNRO	F	0.05%
AXSM	B	0.05%
MLKN	D	0.05%
DIN	D	0.05%
MRC	D	0.05%
NYCB	F	0.05%
RNG	F	0.05%
BRZE	F	0.05%
CUBI	D	0.05%
PSMT	D	0.05%
ATRC	D	0.05%
PLUG	F	0.05%
VERA	D	0.05%
AXL	F	0.05%
DOCN	C	0.05%
ETWO	D	0.05%
AWR	D	0.05%
MMI	D	0.05%
CGEM	D	0.05%
MORF	D	0.05%
NEO	F	0.05%
UPST	F	0.05%
SVRA	F	0.05%
LUMN	F	0.05%
GT	F	0.05%
VAL	B	0.05%
RUSHA	D	0.05%
LESL	F	0.05%
CBU	D	0.05%
PRO	D	0.05%
BGC	C	0.05%
NVCR	C	0.05%
MEG	B	0.05%
HAIN	C	0.05%
VSTS	D	0.05%
MYE	F	0.05%
NBTB	C	0.05%
EMBC	C	0.05%
WRBY	C	0.05%
VYX	F	0.05%
ZUO	D	0.05%
CECO	C	0.05%
BKD	D	0.05%
ELVN	C	0.05%
HCC	D	0.05%
B	B	0.05%
MYGN	B	0.05%
EE	B	0.05%
PNTG	B	0.05%
MXL	C	0.05%
DAN	F	0.05%
UFPT	B	0.05%
LBPH	C	0.05%
CAL	C	0.05%
KELYA	C	0.05%
KMPR	C	0.05%
MHO	C	0.05%
PAHC	B	0.05%
KURA	C	0.05%
CNMD	F	0.05%
STAA	D	0.05%
AIN	D	0.05%
PRG	C	0.05%
VCTR	D	0.05%
TILE	D	0.05%
ATGE	B	0.05%
ARQT	D	0.05%
REVG	B	0.05%
TGI	B	0.05%
CRMT	D	0.05%
GOGO	F	0.05%
GEF	F	0.05%
FLYW	F	0.05%
MQ	D	0.05%
UAA	C	0.05%
BYD	D	0.05%
PRLB	F	0.05%
KYMR	D	0.05%
VNOM	D	0.05%
SLVM	B	0.05%
EWTX	D	0.05%
HBI	C	0.05%
ATEC	F	0.05%
SFBS	D	0.05%
VVI	D	0.05%
AVPT	A	0.05%
GBX	D	0.05%
RCUS	C	0.05%
CALM	D	0.05%
RXRX	C	0.05%
EDR	A	0.05%
DNOW	D	0.05%
SATS	C	0.05%
BBIO	D	0.05%
AHH	C	0.05%
SBH	F	0.05%
GEF	F	0.05%
AORT	B	0.05%
THS	D	0.05%
BDN	D	0.05%
ARCB	F	0.05%
INFN	C	0.05%
PYCR	F	0.05%
AUR	F	0.05%
EVBG	C	0.05%
PLOW	F	0.05%
CLW	B	0.05%
PGRE	F	0.05%
LBTYK	C	0.05%
TARS	D	0.05%
CRAI	B	0.05%
DCO	B	0.05%
NVAX	C	0.05%
OMI	D	0.05%
BEAM	D	0.05%
DLX	B	0.05%
PHAT	C	0.05%
VRDN	D	0.05%
EGY	C	0.05%
CATC	D	0.05%
PDM	B	0.05%
FOXF	C	0.05%
CCRN	F	0.05%
ZYME	D	0.05%
CAR	D	0.05%
TDOC	F	0.05%
RKLB	B	0.05%
VRTS	C	0.05%
RIOT	D	0.05%
ETNB	F	0.05%
DRQ	D	0.05%
DYN	B	0.05%
CNK	B	0.05%
ACLX	B	0.05%
ICHR	D	0.05%
CWEN	B	0.05%
IVR	B	0.05%
PTCT	B	0.05%
DOCS	C	0.05%
NRIX	B	0.05%
INTA	C	0.05%
FOUR	C	0.05%
MNKD	B	0.05%
FFIN	D	0.05%
PAR	C	0.05%
GPRE	F	0.04%
PFS	D	0.04%
PBI	C	0.04%
CXM	F	0.04%
SMTC	D	0.04%
AMBC	F	0.04%
NFE	F	0.04%
CHGG	F	0.04%
ESTA	D	0.04%
HAFC	D	0.04%
XPER	D	0.04%
ASAN	D	0.04%
OSCR	D	0.04%
TXG	F	0.04%
PLRX	F	0.04%
HL	D	0.04%
LGF.A	D	0.04%
ARDX	F	0.04%
DGII	D	0.04%
FSLY	F	0.04%
SYM	F	0.04%
BKU	C	0.04%
FNA	F	0.04%
VSCO	F	0.04%
IESC	D	0.04%
OMCL	F	0.04%
SANA	F	0.04%
COMP	D	0.04%
CYRX	F	0.04%
BASE	F	0.03%
HOUS	F	0.03%
GDOT	C	0.01%
MC	D	0.01%

ESML Underweight 166 Positions Relative to VB

Symbol	Grade	Weight
DECK	B	-0.5%
TRGP	B	-0.47%
MSTR	C	-0.41%
CSL	B	-0.36%
PTC	C	-0.36%
AXON	C	-0.36%
BLDR	F	-0.35%
BAH	B	-0.35%
ENTG	B	-0.34%
EME	B	-0.33%
NRG	B	-0.33%
FCNCA	D	-0.33%
WSM	C	-0.33%
VST	C	-0.32%
VRT	D	-0.32%
PSTG	B	-0.32%
RS	D	-0.31%
ATO	B	-0.31%
WSO	B	-0.29%
LII	A	-0.29%
OC	B	-0.28%
IEX	D	-0.28%
DKNG	C	-0.27%
BG	C	-0.27%
JBL	F	-0.26%
RPM	B	-0.26%
WRK	C	-0.25%
EQH	A	-0.25%
CELH	F	-0.25%
OVV	D	-0.25%
RBA	B	-0.24%
PNR	C	-0.24%
NBIX	C	-0.24%
MANH	B	-0.24%
GGG	D	-0.24%
DT	F	-0.23%
UTHR	A	-0.23%
KIM	B	-0.23%
TECH	C	-0.22%
HOOD	B	-0.22%
DKS	B	-0.22%
BBWI	D	-0.21%
ACM	C	-0.21%
EMN	B	-0.21%
NDSN	D	-0.21%
CPT	A	-0.2%
UHS	A	-0.2%
AMH	C	-0.2%
DOCU	C	-0.2%
CHK	D	-0.2%
REG	B	-0.2%
GLPI	B	-0.2%
JNPR	B	-0.2%
HUBB	C	-0.19%
ELS	C	-0.19%
ALLY	B	-0.19%
ALLE	D	-0.19%
CRL	D	-0.19%
APA	F	-0.19%
PFGC	D	-0.19%
APP	B	-0.19%
FFIV	D	-0.18%
LDOS	B	-0.18%
HII	D	-0.18%
CG	C	-0.18%
AOS	C	-0.18%
CCK	D	-0.18%
LSCC	F	-0.18%
BRO	A	-0.18%
STLD	C	-0.18%
LAMR	B	-0.18%
WTRG	C	-0.17%
TOST	C	-0.17%
QRVO	B	-0.17%
SKX	B	-0.17%
CHRW	B	-0.17%
TFX	D	-0.17%
DINO	D	-0.16%
PNW	C	-0.16%
AIZ	D	-0.16%
EQT	D	-0.16%
HSIC	D	-0.16%
WYNN	D	-0.16%
ERIE	C	-0.16%
AFG	C	-0.16%
CTLT	B	-0.16%
OWL	C	-0.15%
SOLV	F	-0.15%
EXAS	D	-0.15%
MTCH	F	-0.15%
SNX	B	-0.15%
TTC	B	-0.15%
BXP	C	-0.15%
CLF	F	-0.15%
RBC	B	-0.15%
AES	C	-0.14%
RGEN	F	-0.14%
SEIC	C	-0.14%
EXP	D	-0.14%
GNTX	D	-0.14%
DOC	B	-0.13%
HLI	D	-0.13%
DVA	B	-0.13%
ROKU	F	-0.13%
CHRD	D	-0.13%
KEX	B	-0.13%
OGE	B	-0.13%
CZR	C	-0.13%
DAY	F	-0.13%
KNX	C	-0.13%
AAL	F	-0.13%
ETSY	F	-0.13%
MKTX	F	-0.13%
NI	B	-0.12%
POOL	D	-0.12%
MIDD	D	-0.12%
SAIC	D	-0.12%
UFPI	C	-0.12%
G	D	-0.11%
UHAL	D	-0.11%
IPG	F	-0.11%
JKHY	C	-0.11%
PCTY	F	-0.11%
PODD	B	-0.11%
H	C	-0.11%
PARA	F	-0.11%
EXEL	C	-0.11%
EVRG	D	-0.11%
HST	C	-0.11%
MLI	C	-0.11%
UDR	B	-0.11%
LW	C	-0.11%
STAG	C	-0.11%
OLN	D	-0.11%
KMX	C	-0.1%
PB	D	-0.1%
TPL	B	-0.1%
BIO	D	-0.1%
CWST	B	-0.1%
IOT	F	-0.1%
ESAB	C	-0.1%
KRG	B	-0.09%
HLNE	B	-0.09%
IDA	D	-0.09%
TAP	F	-0.09%
TDW	D	-0.09%
TWLO	F	-0.09%
MOS	F	-0.09%
CFLT	F	-0.09%
EEFT	C	-0.09%
MMS	B	-0.09%
MATX	B	-0.08%
HOMB	C	-0.08%
ASO	D	-0.08%
WIRE	B	-0.08%
ENS	B	-0.08%
BCO	A	-0.08%
PII	F	-0.08%
MGY	C	-0.08%
POR	D	-0.08%
IONS	C	-0.08%
PATH	F	-0.08%
SRCL	B	-0.08%
RIVN	C	-0.07%
COTY	D	-0.07%
HUN	D	-0.07%