MFUS vs. ESML ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to iShares MSCI USA Small-Cap ESG Optimized ETF (ESML)
MFUS

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

MFUS Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor U.S. Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor U.S. Index. The underlying index is constructed by RAFI Indices, LLC (the index provider) using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of factor portfolios, each of which emphasizes one of the following factors: value, low volatility, quality, momentum and size.

Grade (RS Rating)

Last Trade

$51.89

Average Daily Volume

5,619

Number of Holdings *

815

* may have additional holdings in another (foreign) market
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
Performance
Period MFUS ESML
30 Days 2.73% 8.75%
60 Days 3.41% 8.59%
90 Days 5.38% 9.69%
12 Months 32.49% 34.45%
290 Overlapping Holdings
Symbol Grade Weight in MFUS Weight in ESML Overlap
AA B 0.02% 0.21% 0.02%
AAP C 0.01% 0.05% 0.01%
ABG B 0.08% 0.12% 0.08%
ABM B 0.04% 0.09% 0.04%
ACA A 0.03% 0.14% 0.03%
ADC B 0.01% 0.11% 0.01%
AEO F 0.07% 0.08% 0.07%
AGCO D 0.02% 0.14% 0.02%
AGNC D 0.04% 0.12% 0.04%
AIR B 0.02% 0.06% 0.02%
ALSN B 0.11% 0.26% 0.11%
AMED F 0.01% 0.08% 0.01%
AMG B 0.06% 0.18% 0.06%
AMWD C 0.01% 0.07% 0.01%
AN C 0.06% 0.07% 0.06%
ANDE D 0.02% 0.06% 0.02%
ANF C 0.24% 0.14% 0.14%
APAM B 0.03% 0.1% 0.03%
APG B 0.02% 0.06% 0.02%
AR B 0.05% 0.24% 0.05%
ARMK B 0.01% 0.24% 0.01%
AROC B 0.05% 0.11% 0.05%
ARW D 0.04% 0.09% 0.04%
ATGE B 0.06% 0.06% 0.06%
ATI D 0.04% 0.15% 0.04%
ATR B 0.08% 0.23% 0.08%
AVA A 0.03% 0.19% 0.03%
AVT C 0.04% 0.27% 0.04%
AWI A 0.04% 0.23% 0.04%
AXTA A 0.02% 0.26% 0.02%
AYI B 0.1% 0.32% 0.1%
BC C 0.05% 0.07% 0.05%
BCC B 0.07% 0.16% 0.07%
BDC B 0.04% 0.2% 0.04%
BERY B 0.06% 0.18% 0.06%
BFAM D 0.02% 0.21% 0.02%
BHE B 0.02% 0.16% 0.02%
BJ A 0.03% 0.27% 0.03%
BKU A 0.03% 0.06% 0.03%
BLD D 0.03% 0.25% 0.03%
BRC D 0.01% 0.09% 0.01%
BRKR D 0.02% 0.13% 0.02%
BWA D 0.01% 0.17% 0.01%
BWXT B 0.11% 0.3% 0.11%
CACI D 0.08% 0.2% 0.08%
CADE B 0.01% 0.14% 0.01%
CALM A 0.09% 0.07% 0.07%
CASY A 0.17% 0.53% 0.17%
CBSH A 0.01% 0.23% 0.01%
CBT C 0.05% 0.13% 0.05%
CC C 0.02% 0.06% 0.02%
CDP C 0.03% 0.21% 0.03%
CFR B 0.01% 0.09% 0.01%
CHE D 0.06% 0.14% 0.06%
CLF F 0.01% 0.06% 0.01%
CLH B 0.04% 0.06% 0.04%
CMA A 0.04% 0.2% 0.04%
CMC B 0.06% 0.22% 0.06%
CNM D 0.01% 0.23% 0.01%
CNO A 0.05% 0.19% 0.05%
CNX A 0.07% 0.29% 0.07%
COHR B 0.03% 0.29% 0.03%
COKE C 0.03% 0.06% 0.03%
COLD D 0.03% 0.06% 0.03%
COOP B 0.05% 0.05% 0.05%
CPRI F 0.01% 0.03% 0.01%
CR A 0.01% 0.2% 0.01%
CRI D 0.05% 0.04% 0.04%
CROX D 0.01% 0.15% 0.01%
CRS A 0.11% 0.16% 0.11%
CRUS D 0.04% 0.15% 0.04%
CSGS B 0.01% 0.11% 0.01%
CUBE D 0.04% 0.2% 0.04%
CVLT B 0.04% 0.22% 0.04%
CW B 0.11% 0.23% 0.11%
CWEN C 0.01% 0.05% 0.01%
CWEN C 0.01% 0.07% 0.01%
DCI B 0.04% 0.24% 0.04%
DEI B 0.01% 0.02% 0.01%
DK C 0.03% 0.04% 0.03%
DLB B 0.02% 0.17% 0.02%
DNOW B 0.02% 0.05% 0.02%
DTM B 0.02% 0.3% 0.02%
DXC B 0.01% 0.11% 0.01%
DY D 0.01% 0.1% 0.01%
ECPG B 0.01% 0.11% 0.01%
EHC B 0.09% 0.28% 0.09%
ELAN D 0.01% 0.15% 0.01%
EPC D 0.02% 0.04% 0.02%
ESI A 0.01% 0.14% 0.01%
ESNT D 0.01% 0.07% 0.01%
EVR B 0.13% 0.12% 0.12%
EWBC A 0.02% 0.4% 0.02%
EXP A 0.07% 0.06% 0.06%
FAF A 0.02% 0.16% 0.02%
FCN D 0.05% 0.19% 0.05%
FELE B 0.01% 0.21% 0.01%
FHN A 0.01% 0.23% 0.01%
FIX A 0.07% 0.42% 0.07%
FL F 0.04% 0.05% 0.04%
FLEX A 0.05% 0.35% 0.05%
FLO D 0.04% 0.04% 0.04%
FLR B 0.01% 0.11% 0.01%
FR C 0.01% 0.09% 0.01%
FTI A 0.04% 0.37% 0.04%
FYBR D 0.01% 0.13% 0.01%
GAP C 0.05% 0.12% 0.05%
GATX A 0.04% 0.18% 0.04%
GBX A 0.04% 0.06% 0.04%
GEF A 0.03% 0.05% 0.03%
GEF A 0.03% 0.05% 0.03%
GME C 0.02% 0.21% 0.02%
GMED A 0.03% 0.11% 0.03%
GNRC B 0.06% 0.21% 0.06%
GPI A 0.09% 0.19% 0.09%
GPK C 0.08% 0.26% 0.08%
GT C 0.02% 0.07% 0.02%
GVA A 0.05% 0.09% 0.05%
GWRE A 0.02% 0.44% 0.02%
HAE C 0.03% 0.12% 0.03%
HBI B 0.06% 0.07% 0.06%
HCC B 0.08% 0.06% 0.06%
HNI B 0.02% 0.15% 0.02%
HOG D 0.02% 0.2% 0.02%
HRB D 0.07% 0.18% 0.07%
HXL D 0.02% 0.13% 0.02%
IBKR A 0.06% 0.34% 0.06%
ICUI D 0.01% 0.07% 0.01%
IDCC A 0.01% 0.14% 0.01%
INGR B 0.07% 0.4% 0.07%
IOSP B 0.01% 0.07% 0.01%
ITT A 0.08% 0.29% 0.08%
IVZ B 0.03% 0.24% 0.03%
JBGS D 0.01% 0.05% 0.01%
JEF A 0.03% 0.11% 0.03%
JELD F 0.01% 0.03% 0.01%
JHG A 0.04% 0.5% 0.04%
JLL D 0.06% 0.33% 0.06%
JWN C 0.04% 0.05% 0.04%
JXN C 0.1% 0.14% 0.1%
KBH D 0.03% 0.2% 0.03%
KBR F 0.02% 0.35% 0.02%
KD B 0.05% 0.12% 0.05%
KMPR B 0.03% 0.05% 0.03%
KSS F 0.02% 0.04% 0.02%
KTB B 0.06% 0.15% 0.06%
LAD A 0.02% 0.22% 0.02%
LBRDK C 0.03% 0.06% 0.03%
LEA D 0.01% 0.1% 0.01%
LECO B 0.06% 0.2% 0.06%
LEG F 0.02% 0.05% 0.02%
LNC B 0.03% 0.09% 0.03%
LNW D 0.02% 0.19% 0.02%
LOPE B 0.05% 0.05% 0.05%
LPX B 0.08% 0.17% 0.08%
LSTR D 0.09% 0.2% 0.09%
LUMN C 0.05% 0.17% 0.05%
LXP D 0.02% 0.06% 0.02%
M D 0.02% 0.12% 0.02%
MAC B 0.04% 0.08% 0.04%
MAN D 0.03% 0.06% 0.03%
MASI A 0.03% 0.07% 0.03%
MC C 0.03% 0.02% 0.02%
MDU D 0.02% 0.19% 0.02%
MHK D 0.01% 0.07% 0.01%
MHO D 0.04% 0.05% 0.04%
MKSI C 0.01% 0.14% 0.01%
MLKN D 0.01% 0.04% 0.01%
MMS F 0.05% 0.04% 0.04%
MOG.A B 0.05% 0.24% 0.05%
MORN B 0.03% 0.18% 0.03%
MSA D 0.02% 0.17% 0.02%
MTG C 0.02% 0.23% 0.02%
MTH D 0.06% 0.16% 0.06%
MTN C 0.05% 0.2% 0.05%
MUR D 0.01% 0.13% 0.01%
MUSA A 0.16% 0.34% 0.16%
NFG A 0.05% 0.21% 0.05%
NOV C 0.01% 0.15% 0.01%
NSIT F 0.05% 0.12% 0.05%
NWL B 0.02% 0.09% 0.02%
NXST C 0.05% 0.09% 0.05%
NYT C 0.03% 0.17% 0.03%
OGN D 0.04% 0.08% 0.04%
OHI C 0.02% 0.19% 0.02%
OMF A 0.03% 0.2% 0.03%
OMI F 0.01% 0.04% 0.01%
ONB B 0.01% 0.18% 0.01%
ORA B 0.02% 0.11% 0.02%
OSK B 0.03% 0.29% 0.03%
OUT A 0.01% 0.07% 0.01%
PBF D 0.02% 0.06% 0.02%
PDCO D 0.02% 0.13% 0.02%
PECO A 0.01% 0.07% 0.01%
PFSI D 0.02% 0.1% 0.02%
PINC B 0.03% 0.13% 0.03%
PK B 0.06% 0.06% 0.06%
PLXS B 0.03% 0.17% 0.03%
POST C 0.05% 0.09% 0.05%
PRG C 0.03% 0.05% 0.03%
PRIM A 0.05% 0.15% 0.05%
PSMT C 0.01% 0.05% 0.01%
PSN D 0.02% 0.1% 0.02%
PTEN C 0.01% 0.04% 0.01%
PVH C 0.02% 0.16% 0.02%
R B 0.07% 0.28% 0.07%
RDN C 0.01% 0.09% 0.01%
REZI A 0.02% 0.23% 0.02%
RGA A 0.06% 0.29% 0.06%
RGLD C 0.04% 0.3% 0.04%
RHI B 0.02% 0.21% 0.02%
RKT F 0.01% 0.04% 0.01%
RL B 0.03% 0.09% 0.03%
RLI B 0.03% 0.2% 0.03%
RRC B 0.03% 0.26% 0.03%
RUSHA C 0.04% 0.05% 0.04%
RYN D 0.02% 0.05% 0.02%
SATS D 0.02% 0.06% 0.02%
SBH C 0.02% 0.05% 0.02%
SCI B 0.07% 0.27% 0.07%
SCL C 0.01% 0.1% 0.01%
SEE C 0.06% 0.07% 0.06%
SEM B 0.04% 0.07% 0.04%
SF B 0.02% 0.17% 0.02%
SFM A 0.25% 0.44% 0.25%
SHOO D 0.03% 0.11% 0.03%
SIG B 0.04% 0.1% 0.04%
SIGI C 0.01% 0.27% 0.01%
SLG B 0.08% 0.1% 0.08%
SLM A 0.06% 0.16% 0.06%
SLVM B 0.04% 0.05% 0.04%
SM B 0.03% 0.06% 0.03%
SNDR B 0.02% 0.19% 0.02%
SNV B 0.02% 0.3% 0.02%
SON D 0.04% 0.11% 0.04%
SPB C 0.01% 0.07% 0.01%
SPR D 0.01% 0.05% 0.01%
SR A 0.01% 0.15% 0.01%
SSB B 0.01% 0.27% 0.01%
STC B 0.03% 0.08% 0.03%
SWX B 0.01% 0.13% 0.01%
SXT B 0.02% 0.07% 0.02%
TDC D 0.02% 0.1% 0.02%
TDS B 0.05% 0.09% 0.05%
TEX D 0.05% 0.08% 0.05%
TGNA B 0.05% 0.2% 0.05%
THC D 0.26% 0.21% 0.21%
THG A 0.05% 0.18% 0.05%
THO B 0.07% 0.12% 0.07%
THS D 0.02% 0.05% 0.02%
TMHC B 0.09% 0.17% 0.09%
TNET D 0.01% 0.07% 0.01%
TOL B 0.06% 0.26% 0.06%
TPH D 0.06% 0.14% 0.06%
TPR B 0.01% 0.28% 0.01%
TPX B 0.03% 0.14% 0.03%
TRN C 0.04% 0.1% 0.04%
TTEK F 0.01% 0.15% 0.01%
TXRH C 0.06% 0.1% 0.06%
UGI A 0.01% 0.25% 0.01%
UNM A 0.04% 0.25% 0.04%
USFD A 0.05% 0.5% 0.05%
VC D 0.03% 0.09% 0.03%
VFC C 0.02% 0.17% 0.02%
VNO B 0.07% 0.08% 0.07%
VNT B 0.01% 0.15% 0.01%
VSCO B 0.02% 0.07% 0.02%
VVV F 0.02% 0.15% 0.02%
WAL B 0.02% 0.21% 0.02%
WBS A 0.02% 0.27% 0.02%
WCC B 0.09% 0.23% 0.09%
WEN D 0.05% 0.08% 0.05%
WERN C 0.04% 0.12% 0.04%
WGO C 0.01% 0.11% 0.01%
WH B 0.04% 0.14% 0.04%
WHR B 0.03% 0.19% 0.03%
WKC D 0.02% 0.05% 0.02%
WMS D 0.02% 0.2% 0.02%
WOLF F 0.0% 0.02% 0.0%
WTFC A 0.01% 0.07% 0.01%
WTM A 0.04% 0.13% 0.04%
WU D 0.06% 0.07% 0.06%
WWD B 0.01% 0.19% 0.01%
X C 0.03% 0.15% 0.03%
XHR B 0.02% 0.07% 0.02%
XPO B 0.04% 0.33% 0.04%
XRAY F 0.02% 0.05% 0.02%
XRX F 0.01% 0.04% 0.01%
YELP C 0.02% 0.05% 0.02%
ZION B 0.02% 0.2% 0.02%
MFUS Overweight 527 Positions Relative to ESML
Symbol Grade Weight
BRK.A B 2.44%
META D 2.32%
LLY F 2.3%
NVDA C 1.9%
WMT A 1.77%
AMZN C 1.65%
ORCL B 1.56%
AVGO D 1.54%
COST B 1.36%
ABBV D 1.35%
JNJ D 1.2%
IBM C 1.09%
PG A 1.04%
VZ C 1.03%
KO D 1.01%
WFC A 0.99%
JPM A 0.99%
AAPL C 0.97%
AMGN D 0.92%
PM B 0.89%
GILD C 0.84%
MRK F 0.83%
UNH C 0.81%
T A 0.75%
LMT D 0.75%
MO A 0.74%
QCOM F 0.73%
PEP F 0.71%
C A 0.7%
CSCO B 0.68%
CVS D 0.67%
MCK B 0.64%
HD A 0.62%
PGR A 0.59%
TGT F 0.59%
MMM D 0.58%
GE D 0.56%
PFE D 0.55%
NFLX A 0.55%
MCD D 0.52%
AMAT F 0.5%
UNP C 0.5%
BAC A 0.45%
XOM B 0.43%
TMUS B 0.43%
BKNG A 0.42%
BMY B 0.41%
GS A 0.4%
CVX A 0.39%
TJX A 0.38%
GM B 0.38%
KR B 0.37%
EBAY D 0.36%
CL D 0.36%
MPC D 0.35%
LOW D 0.35%
REGN F 0.35%
NOC D 0.35%
NOW A 0.35%
AIG B 0.34%
MET A 0.32%
V A 0.31%
SYF B 0.31%
CHTR C 0.3%
HPQ B 0.29%
ICE C 0.29%
ISRG A 0.29%
SPGI C 0.29%
COF B 0.29%
MA C 0.28%
AZO C 0.28%
TXN C 0.28%
CAH B 0.27%
WM A 0.27%
TMO F 0.27%
LHX C 0.26%
ALL A 0.26%
VST B 0.26%
FICO B 0.25%
AON A 0.25%
PANW C 0.25%
DHR F 0.24%
PLTR B 0.24%
HCA F 0.24%
UPS C 0.24%
WSM B 0.24%
ACN C 0.24%
AXP A 0.23%
NEE D 0.23%
ADM D 0.23%
PRU A 0.23%
PSX C 0.23%
GD F 0.23%
LII A 0.22%
AFL B 0.22%
KLAC D 0.22%
GWW B 0.22%
RTX C 0.22%
MDLZ F 0.22%
MS A 0.22%
BSX B 0.21%
VRTX F 0.21%
SHW A 0.21%
MSI B 0.2%
ORLY B 0.2%
MMC B 0.2%
GLW B 0.2%
BBY D 0.2%
CAT B 0.2%
TRV B 0.2%
CMG B 0.2%
UBER D 0.2%
EA A 0.19%
FI A 0.19%
INTC D 0.19%
CTAS B 0.19%
HWM A 0.18%
TSN B 0.18%
WSO A 0.18%
AMP A 0.18%
BK A 0.18%
UTHR C 0.18%
BLK C 0.18%
NEM D 0.17%
RMD C 0.17%
SPG B 0.17%
DECK A 0.17%
DVA B 0.17%
BR A 0.17%
KMB D 0.17%
COR B 0.17%
GIS D 0.17%
MU D 0.16%
AJG B 0.16%
CB C 0.16%
LRCX F 0.16%
CMCSA B 0.16%
VRSK A 0.16%
VLO C 0.16%
TDG D 0.15%
VTRS A 0.15%
K A 0.15%
LYB F 0.15%
ELV F 0.15%
F C 0.15%
KKR A 0.15%
CHRW C 0.14%
BAH F 0.14%
AMT D 0.14%
ANET C 0.14%
CMI A 0.14%
CME A 0.14%
KHC F 0.14%
MCO B 0.14%
PH A 0.14%
IT C 0.14%
CLX B 0.13%
APP B 0.13%
FAST B 0.13%
DPZ C 0.13%
SO D 0.13%
BX A 0.13%
RPM A 0.13%
YUM B 0.13%
CI F 0.13%
RSG A 0.13%
DUK C 0.13%
PNC B 0.12%
BRO B 0.12%
SYY B 0.12%
WELL A 0.12%
IRM D 0.12%
APH A 0.12%
JNPR F 0.12%
PYPL B 0.12%
GDDY A 0.12%
PWR A 0.12%
RCL A 0.11%
XYL D 0.11%
EXPD D 0.11%
WTW B 0.11%
WMB A 0.11%
LDOS C 0.11%
CSX B 0.11%
HPE B 0.11%
USB A 0.11%
TSCO D 0.11%
DASH A 0.11%
WBA F 0.11%
FOXA B 0.11%
CEG D 0.11%
ADP B 0.11%
COIN C 0.11%
EXR D 0.11%
KMI A 0.11%
BDX F 0.11%
TRGP B 0.11%
PHM D 0.1%
HLT A 0.1%
DD D 0.1%
ITW B 0.1%
OKE A 0.1%
NTAP C 0.1%
JKHY D 0.1%
DFS B 0.1%
GEN B 0.1%
PKG A 0.1%
EFX F 0.1%
IEX B 0.09%
TFC A 0.09%
AIZ A 0.09%
EMR A 0.09%
MLI C 0.09%
TROW B 0.09%
DGX A 0.09%
ARES A 0.09%
IR B 0.09%
URI B 0.09%
NVR D 0.09%
ADSK A 0.09%
AVY D 0.09%
IP B 0.09%
DLR B 0.09%
SBUX A 0.09%
PSA D 0.09%
NRG B 0.08%
GEO B 0.08%
TTWO A 0.08%
DKS C 0.08%
SMCI F 0.08%
MTD D 0.08%
AOS F 0.08%
ECL D 0.08%
WDC D 0.08%
BKR B 0.08%
TYL B 0.08%
AEP D 0.08%
NUE C 0.08%
EQH B 0.08%
DG F 0.08%
CPRT A 0.08%
SRE A 0.08%
SEIC B 0.08%
TAP C 0.08%
HLI B 0.08%
UFPI B 0.07%
SQ B 0.07%
JCI C 0.07%
EXC C 0.07%
LPLA A 0.07%
NSC B 0.07%
COP C 0.07%
GLPI C 0.07%
SKYW B 0.07%
CCI D 0.07%
MLM B 0.07%
POOL C 0.07%
CHD B 0.07%
KDP D 0.07%
STE F 0.07%
BALL D 0.07%
MNST C 0.07%
FTNT C 0.07%
D C 0.07%
FIS C 0.07%
GEHC F 0.07%
OTIS C 0.07%
NKE D 0.06%
O D 0.06%
ED D 0.06%
MKC D 0.06%
MPWR F 0.06%
BFH B 0.06%
VIRT B 0.06%
CPT B 0.06%
UHS D 0.06%
TW A 0.06%
MAS D 0.06%
HIG B 0.06%
CCK C 0.06%
OMC C 0.06%
MSM C 0.06%
BIIB F 0.06%
PEG A 0.06%
DHI D 0.06%
L A 0.06%
TTC D 0.06%
ROP B 0.06%
FCNCA A 0.06%
ALNY D 0.06%
FFIV B 0.06%
MSCI C 0.06%
LEN D 0.06%
ROL B 0.06%
EME C 0.05%
URBN C 0.05%
FANG D 0.05%
ERIE D 0.05%
GNTX C 0.05%
A D 0.05%
ETR B 0.05%
EXEL B 0.05%
SUI D 0.05%
HOOD B 0.05%
CARR D 0.05%
CBRE B 0.05%
NDAQ A 0.05%
SLGN A 0.05%
IDXX F 0.05%
SCHW B 0.05%
LAMR D 0.05%
ZTS D 0.05%
WAT B 0.05%
ALLY C 0.05%
EIX B 0.05%
ANSS B 0.05%
HSY F 0.05%
WAB B 0.05%
BTU B 0.05%
STZ D 0.05%
G B 0.05%
TKR D 0.04%
ACM A 0.04%
ADBE C 0.04%
EQR B 0.04%
ESS B 0.04%
AMH D 0.04%
CXW B 0.04%
CPNG D 0.04%
INVH D 0.04%
PPL B 0.04%
PSTG D 0.04%
ELS C 0.04%
PAYX C 0.04%
SMG D 0.04%
OLN D 0.04%
CTVA C 0.04%
CFG B 0.04%
MTB A 0.04%
BLDR D 0.04%
CAG D 0.04%
FDS B 0.04%
EMN D 0.04%
SANM B 0.04%
VRSN F 0.04%
VTR C 0.04%
BHF B 0.04%
IPG D 0.04%
PTC A 0.04%
NBIX C 0.04%
NWSA B 0.04%
SJM D 0.04%
CPB D 0.04%
BAX D 0.04%
ZBRA B 0.04%
HEI B 0.04%
HUBG A 0.04%
FITB A 0.04%
CNC D 0.04%
PPG F 0.04%
CRBG B 0.04%
VLTO D 0.04%
STLD B 0.04%
NDSN B 0.04%
DOV A 0.04%
RS B 0.04%
WST C 0.04%
MAR B 0.04%
WRB A 0.03%
SBAC D 0.03%
DRH B 0.03%
UNF B 0.03%
LZB B 0.03%
KEY B 0.03%
PNM F 0.03%
FNF B 0.03%
AMKR D 0.03%
DRI B 0.03%
AVTR F 0.03%
WPC D 0.03%
BKE B 0.03%
ASO F 0.03%
FHI A 0.03%
TER D 0.03%
OI C 0.03%
CDW F 0.03%
MRO B 0.03%
BURL A 0.03%
UDR B 0.03%
DELL C 0.03%
DBRG F 0.03%
CG A 0.03%
NTRS A 0.03%
RPRX D 0.03%
LW C 0.03%
APLE B 0.03%
IFF D 0.03%
JBL B 0.03%
AVB B 0.03%
MATX C 0.03%
DDS B 0.03%
GMS B 0.03%
CMS C 0.03%
HOLX D 0.03%
GGG B 0.03%
DOX D 0.03%
FE C 0.03%
HBAN A 0.03%
CPAY A 0.03%
HUBB B 0.03%
MANH D 0.03%
ES D 0.03%
GNW A 0.03%
ULTA F 0.03%
HSIC B 0.03%
LANC C 0.03%
TTMI B 0.02%
ODP F 0.02%
KEX C 0.02%
SSNC B 0.02%
EVRG A 0.02%
KIM A 0.02%
CSL C 0.02%
LAUR A 0.02%
UAL A 0.02%
RF A 0.02%
BEN C 0.02%
PHIN A 0.02%
JBLU F 0.02%
NSP D 0.02%
ATO A 0.02%
ODFL B 0.02%
DOW F 0.02%
BXP D 0.02%
HP B 0.02%
HST C 0.02%
PMT D 0.02%
HRL D 0.02%
DTE C 0.02%
NAVI C 0.02%
PNR A 0.02%
MAA B 0.02%
OSIS B 0.02%
SKX D 0.02%
LNT A 0.02%
SAM C 0.02%
APOG B 0.02%
OC A 0.02%
RLJ C 0.02%
DORM B 0.02%
NTCT C 0.02%
CTLT B 0.02%
MKTX D 0.02%
CINF A 0.02%
PAG B 0.02%
NI A 0.02%
HII D 0.02%
ADNT F 0.02%
CE F 0.02%
MCY A 0.02%
VSTO A 0.02%
JBHT C 0.02%
GHC C 0.02%
TFX F 0.02%
AKAM D 0.02%
DLTR F 0.02%
NEU C 0.02%
CCL B 0.02%
SVC F 0.01%
QRVO F 0.01%
KNX B 0.01%
UHAL D 0.01%
DINO D 0.01%
IGT F 0.01%
PARA C 0.01%
RVTY F 0.01%
GIII D 0.01%
WOR F 0.01%
CACC D 0.01%
ARI C 0.01%
CNXN C 0.01%
HTH B 0.01%
IMKTA C 0.01%
ACI C 0.01%
SEB F 0.01%
ALEX C 0.01%
UVV B 0.01%
SHO C 0.01%
PNW B 0.01%
CNS B 0.01%
KALU C 0.01%
MOS F 0.01%
CVI F 0.01%
CENTA C 0.01%
SAIC F 0.01%
PB A 0.01%
ARCH B 0.01%
PFG D 0.01%
WAFD B 0.01%
AES F 0.01%
FDP B 0.01%
WMK C 0.01%
DAN D 0.01%
INCY C 0.01%
PPC C 0.01%
BBWI D 0.01%
KN B 0.01%
STRA C 0.01%
NNN D 0.01%
NNI D 0.01%
GES F 0.01%
ESAB B 0.01%
LADR B 0.01%
BMRN D 0.01%
UHAL D 0.01%
H B 0.01%
ALGN D 0.01%
SLB C 0.01%
SCS C 0.01%
GOLF B 0.01%
SAH A 0.01%
RBC A 0.01%
HE C 0.01%
VSH D 0.01%
SCCO F 0.0%
NOMD D 0.0%
HUN F 0.0%
MFUS Underweight 614 Positions Relative to ESML
Symbol Grade Weight
CVNA B -0.48%
NTNX A -0.36%
NTRA B -0.34%
OGS A -0.32%
GBCI B -0.3%
REXR F -0.3%
FRT B -0.3%
SUM B -0.29%
BMI B -0.29%
PNFP B -0.29%
AFRM B -0.28%
SAIA B -0.28%
FTAI B -0.26%
UMBF B -0.26%
MWA B -0.25%
AAON B -0.25%
PRGS A -0.24%
SOFI A -0.24%
HRI B -0.24%
NCLH B -0.24%
RNR C -0.24%
WEX D -0.24%
ALK C -0.23%
PRI A -0.23%
EXLS B -0.23%
CUZ B -0.22%
FTDR A -0.22%
NJR A -0.22%
PLNT A -0.21%
WTS B -0.21%
ONTO D -0.21%
INSM C -0.21%
FRPT B -0.2%
PCTY B -0.2%
FBP B -0.2%
PCVX D -0.2%
BHLB B -0.2%
EGP F -0.2%
KNSL B -0.2%
NVT B -0.2%
ENSG D -0.2%
FND C -0.2%
HHH B -0.2%
ZWS B -0.2%
WK B -0.2%
ENLC A -0.19%
WING D -0.19%
DAR C -0.19%
DUOL A -0.19%
ITRI B -0.19%
AXS A -0.19%
RHP B -0.19%
PR B -0.19%
KNTK B -0.19%
PCOR B -0.18%
SRPT D -0.18%
ESTC C -0.18%
MOD A -0.18%
MTZ B -0.18%
CIEN B -0.18%
GKOS B -0.18%
HAS D -0.18%
EPRT B -0.18%
TKO B -0.18%
NOVT D -0.18%
SPXC A -0.18%
PCH D -0.17%
UBSI B -0.17%
CHX C -0.17%
LAZ B -0.17%
ASB B -0.17%
HQY B -0.17%
WSC D -0.17%
BANR B -0.17%
PEN B -0.17%
WFRD D -0.16%
TNL 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%
SPSC C -0.16%
FLS B -0.16%
AEIS B -0.16%
EAT A -0.16%
BILL A -0.15%
CPF A -0.15%
MEDP D -0.15%
ITCI C -0.15%
FMC D -0.15%
RKLB B -0.15%
FIBK A -0.15%
RRX B -0.15%
MMSI B -0.15%
FN D -0.15%
MYRG B -0.15%
FSS B -0.15%
RGEN D -0.15%
CFLT B -0.15%
AM A -0.15%
DBX B -0.15%
LSCC D -0.15%
OZK B -0.14%
CHDN B -0.14%
KNF A -0.14%
CZR F -0.14%
KLIC B -0.14%
AZEK A -0.14%
SMAR A -0.14%
STRL B -0.14%
RYAN B -0.14%
IBCP B -0.14%
ALTR B -0.14%
GTLS B -0.14%
RMBS C -0.14%
NPO A -0.14%
BECN B -0.14%
VLY B -0.14%
QTWO A -0.13%
AIT A -0.13%
BOX B -0.13%
COLB A -0.13%
LFUS F -0.13%
ITGR B -0.13%
CABO C -0.13%
ASGN F -0.13%
HESM B -0.13%
ELF C -0.13%
VMI B -0.13%
ORI A -0.13%
CAVA B -0.13%
HIW D -0.13%
LRN A -0.13%
CRDO B -0.13%
BCPC B -0.13%
CPK A -0.13%
YETI C -0.12%
RDUS C -0.12%
CVBF A -0.12%
DFIN D -0.12%
AVAV D -0.12%
GL B -0.12%
BLKB B -0.12%
ADT C -0.12%
MTX B -0.12%
WHD B -0.12%
S B -0.12%
MAT D -0.12%
FULT A -0.12%
EPAC B -0.12%
CRNX C -0.11%
AUB B -0.11%
MARA C -0.11%
KRC C -0.11%
LCII C -0.11%
ABCB B -0.11%
LBRDA C -0.11%
WDFC B -0.11%
MRCY B -0.11%
CCOI B -0.11%
LNTH D -0.11%
IRDM D -0.11%
OLLI D -0.11%
APPF B -0.11%
EFSC B -0.11%
CYTK F -0.11%
PATH C -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%
TENB C -0.1%
CAC B -0.1%
FIVE F -0.1%
FUL F -0.1%
LYFT C -0.1%
SSD D -0.1%
HASI D -0.1%
DV C -0.1%
CGNX C -0.1%
TRNO F -0.1%
STWD C -0.1%
U C -0.1%
AMAL B -0.1%
ETSY D -0.1%
LITE B -0.1%
FA C -0.1%
RDNT B -0.1%
BRBR A -0.1%
CRC B -0.1%
AL B -0.1%
XENE 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%
KFY B -0.09%
LNN B -0.09%
AVPT A -0.09%
CNK B -0.09%
ZI D -0.09%
MGRC B -0.09%
SLAB D -0.09%
NMIH D -0.09%
PLMR B -0.09%
UNIT B -0.09%
CHWY B -0.09%
CURB D -0.09%
HWC B -0.09%
MIR A -0.09%
POWL C -0.09%
OPCH D -0.09%
UPST B -0.09%
PRCT B -0.09%
MTSI B -0.09%
ACHC F -0.09%
SJW D -0.09%
BHVN D -0.09%
IMAX B -0.09%
NXT C -0.09%
BE B -0.09%
IBP D -0.09%
ESE B -0.09%
HALO F -0.09%
CRVL A -0.09%
ALKS B -0.09%
TILE B -0.08%
OLED D -0.08%
CRSP D -0.08%
UEC B -0.08%
KOP C -0.08%
CCCS B -0.08%
SASR B -0.08%
PRVA B -0.08%
BPMC C -0.08%
ENR B -0.08%
VCTR B -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%
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 B -0.08%
VAC B -0.08%
ALG B -0.08%
LBPH A -0.08%
PLYA B -0.08%
INDB B -0.08%
TARS B -0.08%
HIMS B -0.08%
INTA A -0.08%
NTGR B -0.08%
ENOV C -0.08%
UNFI A -0.08%
BOH B -0.08%
PIPR B -0.08%
HR C -0.08%
AUR C -0.08%
ZD C -0.08%
AZZ B -0.08%
JBT B -0.08%
ATKR C -0.08%
BWIN D -0.08%
SHAK C -0.08%
RNST B -0.08%
TDOC C -0.07%
ICFI F -0.07%
AAT B -0.07%
OII B -0.07%
SKT B -0.07%
SONO C -0.07%
TREX C -0.07%
SG B -0.07%
RH B -0.07%
CWK B -0.07%
VERX B -0.07%
HAFC A -0.07%
AVNT B -0.07%
ESRT C -0.07%
PRGO B -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%
VREX C -0.07%
CMP C -0.07%
ACLX C -0.07%
CTS C -0.07%
GH B -0.07%
HWKN B -0.07%
BDN C -0.07%
ATRC C -0.07%
EE A -0.07%
RNA D -0.07%
ST F -0.07%
EWTX C -0.07%
AZTA D -0.07%
EVRI A -0.07%
VSEC C -0.07%
PI D -0.07%
SBRA C -0.07%
MRUS F -0.06%
CBZ B -0.06%
CMCO B -0.06%
PRO C -0.06%
AGIO C -0.06%
AXSM B -0.06%
PTCT B -0.06%
MBUU C -0.06%
POWI D -0.06%
NBTB B -0.06%
ATEN B -0.06%
VRDN D -0.06%
MGNI A -0.06%
ALKT B -0.06%
SFBS B -0.06%
MXL C -0.06%
TMCI D -0.06%
WT B -0.06%
MDGL B -0.06%
RUSHB B -0.06%
AGO B -0.06%
ZYME C -0.06%
CALX D -0.06%
IRON B -0.06%
VBTX B -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%
PLUS F -0.06%
AGYS A -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%
CCS 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%
ENV B -0.06%
HELE C -0.06%
AVDX B -0.06%
PEB D -0.06%
PDM D -0.06%
FRSH C -0.06%
KREF D -0.06%
WD D -0.06%
IBOC A -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%
SMTC B -0.06%
CLB B -0.06%
ACVA B -0.06%
HI C -0.06%
UPBD B -0.06%
CBU B -0.06%
BANC A -0.06%
COLM B -0.06%
DEA D -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%
VNOM A -0.06%
LGF.A C -0.05%
ARVN D -0.05%
MNRO D -0.05%
FTRE D -0.05%
BNL D -0.05%
RXST F -0.05%
AXL C -0.05%
PLOW D -0.05%
CPRX C -0.05%
RUN F -0.05%
PGRE F -0.05%
PENN C -0.05%
NRIX D -0.05%
ARCB C -0.05%
ALRM C -0.05%
KLG C -0.05%
ACEL C -0.05%
TMDX F -0.05%
WNC C -0.05%
JANX C -0.05%
EMBC C -0.05%
DOCN D -0.05%
MLTX B -0.05%
FLG C -0.05%
ZEUS C -0.05%
MLNK B -0.05%
SMP B -0.05%
PBI B -0.05%
PFS B -0.05%
TWST D -0.05%
CNMD C -0.05%
KYMR D -0.05%
ICHR C -0.05%
MPW F -0.05%
XPEL C -0.05%
PLAY D -0.05%
OMCL C -0.05%
SLNO B -0.05%
CSTL D -0.05%
TROX D -0.05%
SAVA D -0.05%
DGII B -0.05%
AWR B -0.05%
ARKO C -0.05%
REVG B -0.05%
GOGO C -0.05%
INFA D -0.05%
HLX B -0.05%
MODG F -0.05%
ASAN C -0.05%
NEO C -0.05%
PTGX C -0.05%
INFN C -0.05%
AMBC C -0.05%
LCID F -0.05%
UAA C -0.05%
BGC C -0.05%
EDR A -0.05%
RNG B -0.05%
MMI B -0.05%
MTTR B -0.05%
CDE D -0.05%
CLSK C -0.05%
ZUO B -0.05%
GERN D -0.05%
PDFS C -0.05%
IART C -0.05%
ELVN D -0.05%
KROS D -0.05%
HAYW B -0.05%
LIVN F -0.05%
ADUS D -0.05%
MRC B -0.05%
VYX B -0.05%
CAR C -0.05%
GO C -0.05%
ASTE B -0.05%
UFPT B -0.05%
XPRO F -0.05%
FFBC A -0.05%
INVX C -0.05%
KVYO C -0.05%
BASE C -0.05%
VSTS C -0.05%
CUBI C -0.05%
MTRN C -0.05%
DCO C -0.05%
VERA B -0.05%
HLIT D -0.05%
EPR D -0.05%
NBHC B -0.05%
NCNO B -0.05%
TNC D -0.05%
SKY A -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%
PNTG D -0.05%
VRRM D -0.05%
CECO A -0.05%
AORT B -0.05%
CRAI B -0.05%
CLVT F -0.05%
RAMP C -0.05%
VRTS B -0.05%
VITL D -0.05%
MOV C -0.05%
SMPL B -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%
FLGT F -0.04%
NEP F -0.04%
FOXF F -0.04%
BKD D -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%
SNDX F -0.04%
FORM D -0.04%
CLW 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%
EGY D -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%
AMC C -0.04%
COGT D -0.04%
QDEL F -0.04%
DYN F -0.04%
MTUS C -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%
MEI D -0.04%
HL D -0.04%
GRBK D -0.04%
OSCR D -0.04%
ETNB C -0.04%
ESTA D -0.04%
BEAM D -0.04%
AMN F -0.04%
HZO D -0.04%
NVCR C -0.04%
NEOG F -0.04%
CWT D -0.04%
AHH D -0.04%
SWTX C -0.04%
ARLO C -0.04%
UCB A -0.04%
THRM D -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%
HPP F -0.03%
NVAX F -0.03%
CNXC F -0.03%
SITC D -0.03%
RCKT F -0.03%
CGEM F -0.03%
MYGN F -0.03%
CDNA D -0.03%
BRY F -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%
STAA F -0.03%
PHAT F -0.03%
CCRN F -0.03%
PRTA F -0.03%
MQ F -0.03%
NTLA F -0.03%
AGL F -0.02%
SEDG F -0.02%
NOVA F -0.02%
ASPN F -0.02%
VSAT F -0.02%
KURA F -0.02%
GDOT D -0.01%
MAGN F -0.01%
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