OPTZ vs. BFOR ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to Barron's 400 (BFOR)

OPTZ

Optimize Strategy Index ETF

OPTZ Description

OPTZ seeks to track a broad market index consisting of US-listed equities that meet certain market-cap threshold and liquidity requirements. To be included in the fund, eligible large-cap and small-cap companies are evaluated and ranked within their own sector. Large cap companies are ranked based on the ratio of current EPS over the trailing 10-year average EPS, the current P/E ratio, and the 2-year forward EPS growth estimate. Small-cap companies are ranked solely on their P/S ratio. Within these two groups, the top 20% are selected from each sector. The index weights the sectors using the sum of the market capitalization of all constituents in each sector and within each sector each constituent is equally weighted. Reconstitution and rebalancing are done semi-annually.

Grade (RS Rating)

Last Trade

$31.04

Average Daily Volume

7,217

Number of Holdings ^*

321

* may have additional holdings in another (foreign) market

BFOR

Barron's 400

BFOR Description

The investment seeks investment results that correspond generally, before fees and expenses, to the performance of the Barron's 400 Index (the "underlying index"). The underlying index is a rules-based index intended to give investors a means of tracking the overall performance of high performing equity securities of U.S. companies. The fund will invest at least 80% of its total assets in the equity securities which comprise the index. The underlying index's stocks are constituents of the MarketGrader U.S. Coverage Universe.

Grade (RS Rating)

Last Trade

$78.31

Average Daily Volume

4,014

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

Performance

Period	OPTZ	BFOR
30 Days	8.47%	8.66%
60 Days	9.68%	9.45%
90 Days	11.36%	10.97%
12 Months		37.23%

111 Overlapping Holdings

Symbol	Grade	Weight in OPTZ	Weight in BFOR	Overlap
AAPL	C	1.06%	0.24%	0.24%
ACGL	D	0.19%	0.2%	0.19%
ADBE	C	0.11%	0.23%	0.11%
AIT	A	0.16%	0.3%	0.16%
AIZ	A	0.23%	0.25%	0.23%
ALL	A	0.21%	0.24%	0.21%
AMAT	F	1.0%	0.22%	0.22%
AMP	A	0.25%	0.29%	0.25%
AMZN	C	0.38%	0.26%	0.26%
ANET	C	1.24%	0.25%	0.25%
ANF	C	0.36%	0.25%	0.25%
AOS	F	0.12%	0.2%	0.12%
APA	D	0.05%	0.21%	0.05%
APD	A	0.18%	0.25%	0.18%
APO	B	0.31%	0.32%	0.31%
APP	B	2.03%	0.56%	0.56%
AX	A	0.26%	0.28%	0.26%
AXON	A	0.21%	0.36%	0.21%
AXP	A	0.24%	0.25%	0.24%
BKR	B	0.07%	0.29%	0.07%
BR	A	0.22%	0.25%	0.22%
BRO	B	0.21%	0.24%	0.21%
BURL	A	0.33%	0.22%	0.22%
CAT	B	0.14%	0.25%	0.14%
CBOE	B	0.19%	0.22%	0.19%
CEG	D	0.07%	0.26%	0.07%
CHD	B	0.3%	0.23%	0.23%
CHDN	B	0.32%	0.23%	0.23%
CINF	A	0.23%	0.25%	0.23%
CL	D	0.25%	0.2%	0.2%
CME	A	0.2%	0.24%	0.2%
COOP	B	0.22%	0.23%	0.22%
COR	B	0.14%	0.23%	0.14%
COST	B	0.29%	0.23%	0.23%
CPAY	A	0.23%	0.27%	0.23%
CROX	D	0.24%	0.17%	0.17%
CRS	A	0.2%	0.28%	0.2%
CRUS	D	0.8%	0.18%	0.18%
DECK	A	0.39%	0.26%	0.26%
DKS	C	0.29%	0.21%	0.21%
DVA	B	0.14%	0.21%	0.14%
EA	A	0.66%	0.26%	0.26%
ECL	D	0.15%	0.22%	0.15%
EME	C	0.18%	0.28%	0.18%
EXP	A	0.18%	0.25%	0.18%
FDX	B	0.13%	0.22%	0.13%
FFIV	B	1.25%	0.26%	0.26%
FIX	A	0.18%	0.29%	0.18%
FSLR	F	0.96%	0.19%	0.19%
FTI	A	0.06%	0.26%	0.06%
GDDY	A	1.27%	0.28%	0.28%
GL	B	0.21%	0.23%	0.21%
HIG	B	0.2%	0.23%	0.2%
HUBB	B	0.15%	0.25%	0.15%
IBM	C	1.02%	0.22%	0.22%
IDCC	B	0.78%	0.31%	0.31%
IQV	D	0.11%	0.2%	0.11%
ISRG	A	0.15%	0.25%	0.15%
LNTH	D	0.1%	0.17%	0.1%
LNW	D	0.28%	0.19%	0.19%
LPX	B	0.18%	0.26%	0.18%
MANH	D	0.13%	0.24%	0.13%
MCO	B	0.2%	0.23%	0.2%
META	D	0.65%	0.24%	0.24%
MLM	B	0.17%	0.25%	0.17%
MOH	F	0.12%	0.2%	0.12%
MSI	B	1.18%	0.26%	0.26%
NBIX	C	0.13%	0.23%	0.13%
NFLX	A	0.73%	0.28%	0.28%
NRG	B	0.06%	0.26%	0.06%
NVDA	C	1.44%	0.29%	0.29%
OII	B	0.06%	0.26%	0.06%
PAYC	B	0.18%	0.3%	0.18%
PCTY	B	0.16%	0.3%	0.16%
PEGA	A	0.15%	0.3%	0.15%
PEP	F	0.26%	0.21%	0.21%
PGR	A	0.21%	0.23%	0.21%
PH	A	0.15%	0.26%	0.15%
PODD	C	0.15%	0.26%	0.15%
QLYS	C	1.22%	0.27%	0.27%
RCL	A	0.47%	0.32%	0.32%
REVG	B	0.14%	0.25%	0.14%
RL	B	0.39%	0.26%	0.26%
RNR	C	0.2%	0.22%	0.2%
ROST	C	0.29%	0.21%	0.21%
SIG	B	0.39%	0.24%	0.24%
SO	D	0.05%	0.22%	0.05%
SPGI	C	0.2%	0.22%	0.2%
STRL	B	0.2%	0.33%	0.2%
SYK	C	0.14%	0.23%	0.14%
TDW	F	0.08%	0.16%	0.08%
TGT	F	0.28%	0.23%	0.23%
THC	D	0.14%	0.23%	0.14%
TMUS	B	0.72%	0.27%	0.27%
TRGP	B	0.07%	0.29%	0.07%
UHS	D	0.11%	0.19%	0.11%
URI	B	0.15%	0.26%	0.15%
UTHR	C	0.14%	0.25%	0.14%
V	A	0.22%	0.24%	0.22%
VAL	D	0.05%	0.21%	0.05%
VRSN	F	1.03%	0.23%	0.23%
VRT	B	0.21%	0.32%	0.21%
WDAY	B	0.13%	0.25%	0.13%
WFRD	D	0.05%	0.21%	0.05%
WHD	B	0.06%	0.26%	0.06%
WMB	A	0.07%	0.28%	0.07%
WWD	B	0.13%	0.24%	0.13%
XYL	D	0.12%	0.21%	0.12%
YETI	C	0.31%	0.22%	0.22%
ZBH	C	0.14%	0.23%	0.14%
ZM	B	0.71%	0.28%	0.28%

OPTZ Overweight 210 Positions Relative to BFOR

Symbol	Grade	Weight
CRWD	B	1.37%
CRM	B	1.37%
TTMI	B	1.36%
INTC	D	1.31%
DELL	C	1.29%
NOW	A	1.27%
CDNS	B	1.21%
BHE	B	1.2%
ITRI	B	1.19%
SNPS	B	1.16%
WIX	B	1.15%
INFN	C	1.11%
VZIO	A	1.04%
AMD	F	1.03%
BAH	F	1.02%
ROP	B	1.0%
DJT	C	0.93%
LUMN	C	0.83%
ACLS	F	0.78%
DIS	B	0.77%
RNG	B	0.72%
CMCSA	B	0.64%
T	A	0.64%
EAT	A	0.55%
CVNA	B	0.55%
AMC	C	0.54%
NPAB	B	0.52%
TSLA	B	0.49%
WWW	B	0.48%
NCLH	B	0.48%
COIN	C	0.42%
HBI	B	0.42%
WOOF	D	0.42%
UNFI	A	0.41%
LULU	C	0.39%
MAR	B	0.39%
LVS	C	0.38%
WHR	B	0.37%
GRMN	B	0.37%
SBH	C	0.36%
WYNN	D	0.36%
BZH	B	0.35%
LOW	D	0.35%
PCT	C	0.34%
FIVE	F	0.34%
DPZ	C	0.34%
PVH	C	0.34%
ORLY	B	0.34%
ALV	C	0.33%
TAP	C	0.32%
MCD	D	0.32%
ENR	B	0.31%
ETSY	D	0.3%
ULTA	F	0.3%
GPC	D	0.29%
LC	A	0.28%
LEA	D	0.28%
DOLE	D	0.27%
SQ	A	0.27%
MELI	D	0.27%
WBA	F	0.27%
STZ	D	0.27%
ODP	F	0.27%
DAN	D	0.26%
CVS	D	0.26%
APTV	D	0.25%
GS	A	0.25%
KKR	A	0.25%
FI	A	0.25%
CAL	D	0.25%
BG	F	0.25%
TROW	B	0.24%
ARES	A	0.24%
BLK	C	0.24%
BHF	B	0.24%
AGO	B	0.23%
PRU	A	0.23%
EWTX	C	0.23%
PRG	C	0.22%
SIGI	C	0.22%
GPN	B	0.22%
WTW	B	0.22%
LBPH	A	0.22%
TRV	B	0.22%
NATL	B	0.21%
AER	B	0.21%
BFH	B	0.21%
MSCI	C	0.21%
LDI	C	0.2%
ICE	C	0.2%
MKTX	D	0.2%
GATO	D	0.2%
ZIM	C	0.2%
NAVI	C	0.19%
DAL	C	0.19%
PMT	D	0.19%
CB	C	0.19%
VMC	B	0.18%
GTLS	B	0.18%
XPO	B	0.18%
SKYW	B	0.18%
HQY	B	0.17%
JBLU	F	0.17%
AVNT	B	0.17%
HASI	D	0.17%
PEN	B	0.16%
EMN	D	0.16%
SHW	A	0.16%
DOCU	A	0.16%
PWR	A	0.16%
ACHR	B	0.16%
INCY	C	0.16%
VERA	B	0.16%
GNRC	B	0.16%
HON	B	0.15%
ESTC	C	0.15%
GFF	A	0.15%
TT	A	0.15%
ETN	A	0.15%
PCAR	B	0.15%
WAB	B	0.15%
JAZZ	B	0.15%
TPC	C	0.15%
SAIA	B	0.15%
CLOV	D	0.15%
PNR	A	0.15%
PHIN	A	0.14%
STGW	B	0.14%
MRC	B	0.14%
DGX	A	0.14%
WST	C	0.14%
LECO	B	0.14%
CAH	B	0.14%
LIVN	F	0.14%
AKRO	B	0.14%
LIN	D	0.14%
UNH	C	0.13%
BV	B	0.13%
VRSK	A	0.13%
ALGN	F	0.13%
VRTX	F	0.13%
SAVA	D	0.13%
OSK	B	0.13%
PBI	B	0.13%
ASH	D	0.13%
AHCO	F	0.12%
SHC	F	0.12%
KRYS	B	0.12%
RPRX	D	0.12%
STE	F	0.12%
RSG	A	0.12%
ETNB	C	0.12%
DAWN	F	0.12%
EFX	F	0.11%
COGT	D	0.11%
SRPT	D	0.11%
BAX	D	0.11%
DLR	B	0.11%
SNDX	F	0.11%
KURA	F	0.11%
VNO	B	0.11%
BA	F	0.11%
TMO	F	0.11%
IDXX	F	0.11%
DYN	F	0.11%
UNIT	B	0.1%
EQIX	A	0.1%
RHP	B	0.1%
CGEM	F	0.1%
WELL	A	0.1%
SPG	B	0.1%
EXPI	C	0.1%
CBRE	B	0.1%
OMI	F	0.1%
HII	D	0.09%
CPT	B	0.09%
PEB	D	0.09%
NEXT	B	0.09%
ELS	C	0.09%
PK	B	0.09%
CE	F	0.09%
LAMR	D	0.09%
WY	D	0.09%
SBRA	C	0.09%
OGN	D	0.09%
NMRK	B	0.09%
REXR	F	0.08%
NVRI	F	0.08%
RDFN	D	0.08%
SBAC	D	0.08%
EGP	F	0.08%
ICLR	D	0.08%
PRIM	A	0.08%
KNTK	B	0.07%
BKD	D	0.07%
AMT	D	0.07%
DTM	B	0.07%
ATO	A	0.06%
WKC	D	0.06%
ETR	B	0.06%
SLB	C	0.06%
SANA	F	0.06%
EIX	B	0.05%
DUK	C	0.05%
DTE	C	0.05%
DK	C	0.05%
SWX	B	0.05%
AES	F	0.04%
NFE	D	0.04%
HE	C	0.04%

OPTZ Underweight 277 Positions Relative to BFOR

Symbol	Grade	Weight
LEU	C	-0.45%
UAL	A	-0.41%
POWL	C	-0.4%
IESC	B	-0.38%
AGX	B	-0.38%
USLM	A	-0.38%
TPL	A	-0.37%
PLTR	B	-0.37%
UPWK	B	-0.34%
PAY	B	-0.34%
AAON	B	-0.32%
PAYO	A	-0.32%
CORT	B	-0.32%
RMBS	C	-0.31%
ALSN	B	-0.31%
RJF	A	-0.31%
WFC	A	-0.31%
EXPE	B	-0.31%
CCL	B	-0.31%
SYF	B	-0.31%
IBKR	A	-0.31%
DOCS	C	-0.3%
SFM	A	-0.3%
TILE	B	-0.3%
FLEX	A	-0.29%
NEWT	B	-0.29%
SUM	B	-0.29%
SNA	A	-0.29%
HLNE	B	-0.29%
MCB	B	-0.29%
SKWD	A	-0.29%
EXEL	B	-0.29%
MLI	C	-0.29%
CEIX	A	-0.29%
UNM	A	-0.29%
EWBC	A	-0.29%
LRN	A	-0.28%
PYPL	B	-0.28%
BBW	B	-0.28%
BL	B	-0.28%
QCRH	A	-0.28%
TXRH	C	-0.28%
PPC	C	-0.28%
FTNT	C	-0.28%
BKNG	A	-0.28%
TGTX	B	-0.28%
APOG	B	-0.28%
MTB	A	-0.28%
CW	B	-0.27%
PANW	C	-0.27%
DAKT	B	-0.27%
IBOC	A	-0.27%
UTI	A	-0.27%
ODFL	B	-0.27%
FAST	B	-0.27%
MTDR	B	-0.27%
PFBC	B	-0.27%
NOG	A	-0.27%
BY	B	-0.27%
CASH	A	-0.27%
NTRS	A	-0.27%
WT	B	-0.27%
FOUR	B	-0.27%
NRP	B	-0.27%
HWM	A	-0.27%
ERII	D	-0.27%
HCKT	B	-0.27%
USAP	B	-0.27%
CSWI	A	-0.27%
MWA	B	-0.27%
FOX	A	-0.27%
AWI	A	-0.27%
FITB	A	-0.26%
IBCP	B	-0.26%
GOOGL	C	-0.26%
BFC	B	-0.26%
WABC	B	-0.26%
ACIW	B	-0.26%
ITT	A	-0.26%
HCI	C	-0.26%
MGY	A	-0.26%
FN	D	-0.26%
CMPO	A	-0.26%
TDY	B	-0.26%
ADSK	A	-0.26%
LOPE	B	-0.26%
OZK	B	-0.26%
CUBI	B	-0.26%
PEBO	A	-0.26%
NIC	B	-0.26%
ATR	B	-0.26%
ACMR	F	-0.26%
OKE	A	-0.26%
ARLP	A	-0.26%
AMAL	B	-0.26%
CVLT	B	-0.26%
FTDR	A	-0.26%
APH	A	-0.26%
TRN	B	-0.26%
FULT	A	-0.26%
CNO	A	-0.26%
FCNCA	A	-0.26%
CPRT	A	-0.26%
G	B	-0.26%
CHTR	C	-0.26%
JPM	A	-0.26%
MLR	B	-0.26%
ORRF	B	-0.26%
XOM	B	-0.25%
DCI	B	-0.25%
SLVM	B	-0.25%
MRO	B	-0.25%
TW	A	-0.25%
PAYX	C	-0.25%
RBA	A	-0.25%
VIRT	B	-0.25%
WLDN	D	-0.25%
YELP	C	-0.25%
FIZZ	C	-0.25%
PLMR	B	-0.25%
ADP	B	-0.25%
WTS	B	-0.25%
IPAR	B	-0.25%
BELFB	D	-0.25%
SRCE	B	-0.25%
LAUR	A	-0.25%
ORCL	B	-0.25%
IRMD	C	-0.25%
FDS	B	-0.25%
FCF	A	-0.25%
INGR	B	-0.25%
MCRI	A	-0.25%
ADMA	B	-0.25%
MBWM	B	-0.25%
DBX	B	-0.25%
SM	B	-0.25%
OSBC	A	-0.25%
LKFN	B	-0.25%
EOG	A	-0.25%
HES	B	-0.25%
TCMD	A	-0.25%
CBT	C	-0.24%
XPEL	C	-0.24%
FBP	B	-0.24%
RGA	A	-0.24%
CTSH	B	-0.24%
EPD	A	-0.24%
CMG	B	-0.24%
FMBH	B	-0.24%
DT	C	-0.24%
FANG	D	-0.24%
HEI	B	-0.24%
TBBK	B	-0.24%
AMPY	B	-0.24%
FSS	B	-0.24%
IT	C	-0.24%
DRI	B	-0.24%
CTAS	B	-0.24%
VEEV	C	-0.24%
PLAB	C	-0.24%
OSIS	B	-0.24%
HNI	B	-0.24%
MOD	A	-0.24%
MPLX	A	-0.24%
ET	A	-0.24%
MA	C	-0.24%
HWKN	B	-0.24%
CPRX	C	-0.24%
GGG	B	-0.24%
CQP	B	-0.24%
CASY	A	-0.24%
CF	B	-0.24%
CSL	C	-0.24%
DOV	A	-0.24%
TSCO	D	-0.23%
SSNC	B	-0.23%
MSFT	F	-0.23%
MPC	D	-0.23%
STBA	B	-0.23%
CACI	D	-0.23%
DVN	F	-0.23%
TEX	D	-0.23%
DY	D	-0.23%
CHWY	B	-0.23%
NYT	C	-0.23%
WEC	A	-0.23%
AFL	B	-0.23%
NTAP	C	-0.23%
OFG	B	-0.23%
BRC	D	-0.23%
OTTR	C	-0.23%
TJX	A	-0.23%
NOV	C	-0.23%
LNN	B	-0.23%
LII	A	-0.23%
TRIN	A	-0.23%
WRB	A	-0.23%
SCCO	F	-0.23%
TOL	B	-0.23%
JWN	C	-0.23%
THR	B	-0.23%
BMI	B	-0.23%
KNSL	B	-0.23%
SBR	B	-0.23%
CWCO	C	-0.22%
HESM	B	-0.22%
TPH	D	-0.22%
ON	D	-0.22%
WES	C	-0.22%
SHOO	D	-0.22%
CNA	B	-0.22%
IMMR	C	-0.22%
UFPT	B	-0.22%
MSA	D	-0.22%
NEU	C	-0.22%
JKHY	D	-0.22%
BLDR	D	-0.22%
EBAY	D	-0.22%
SYY	B	-0.22%
NVR	D	-0.22%
KOS	F	-0.22%
MMM	D	-0.22%
ROL	B	-0.22%
QCOM	F	-0.22%
MBIN	D	-0.21%
SKX	D	-0.21%
RMD	C	-0.21%
ZTS	D	-0.21%
VITL	D	-0.21%
WSM	B	-0.21%
JNJ	D	-0.21%
PHM	D	-0.21%
HRB	D	-0.21%
KMB	D	-0.21%
IBP	D	-0.21%
TH	C	-0.21%
EGY	D	-0.21%
FC	F	-0.21%
COKE	C	-0.21%
MHO	D	-0.21%
AMPH	D	-0.21%
HOLX	D	-0.21%
MEDP	D	-0.21%
NSSC	D	-0.21%
BMRN	D	-0.21%
VLTO	D	-0.21%
IPG	D	-0.21%
LEN	D	-0.21%
EG	C	-0.21%
HALO	F	-0.2%
HOG	D	-0.2%
FCN	D	-0.2%
YOU	D	-0.2%
KLAC	D	-0.2%
BOOT	D	-0.2%
GRBK	D	-0.2%
ONTO	D	-0.2%
FMC	D	-0.2%
DFIN	D	-0.2%
WMS	D	-0.2%
HSY	F	-0.2%
HY	D	-0.2%
PTGX	C	-0.2%
AKAM	D	-0.2%
WING	D	-0.19%
COLL	F	-0.19%
DFH	D	-0.19%
LLY	F	-0.19%
DHI	D	-0.19%
INSW	F	-0.19%
HRMY	D	-0.19%
HRTG	C	-0.18%
SIGA	F	-0.18%
BLBD	D	-0.17%
MPWR	F	-0.15%
ASC	F	-0.15%
REGN	F	-0.15%