OPTZ vs. FLCC ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to Federated Hermes MDT Large Cap Core ETF (FLCC)

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

7,221

Number of Holdings ^*

321

* may have additional holdings in another (foreign) market

FLCC

Federated Hermes MDT Large Cap Core ETF

FLCC Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in large-cap companies. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.79

Average Daily Volume

1,206

Number of Holdings ^*

141

* may have additional holdings in another (foreign) market

Performance

Period	OPTZ	FLCC
30 Days	8.47%	5.96%
60 Days	9.68%	7.71%
90 Days	11.36%	11.16%
12 Months

50 Overlapping Holdings

Symbol	Grade	Weight in OPTZ	Weight in FLCC	Overlap
AAPL	C	1.06%	5.33%	1.06%
ACGL	D	0.19%	0.29%	0.19%
ADBE	C	0.11%	0.22%	0.11%
ALGN	D	0.13%	0.07%	0.07%
AMAT	F	1.0%	0.51%	0.51%
AMP	A	0.25%	2.16%	0.25%
AMT	D	0.07%	0.03%	0.03%
AMZN	C	0.38%	1.6%	0.38%
ANET	C	1.24%	1.45%	1.24%
APP	B	2.03%	1.57%	1.57%
BAH	F	1.02%	0.52%	0.52%
CAH	B	0.14%	0.21%	0.14%
CBOE	B	0.19%	0.18%	0.18%
CBRE	B	0.1%	0.1%	0.1%
CEG	D	0.07%	0.47%	0.07%
CL	D	0.25%	0.74%	0.25%
COR	B	0.14%	0.61%	0.14%
COST	B	0.29%	1.48%	0.29%
CRM	B	1.37%	0.16%	0.16%
CRUS	D	0.8%	0.39%	0.39%
DELL	C	1.29%	0.24%	0.24%
EIX	B	0.05%	0.38%	0.05%
GDDY	A	1.27%	2.53%	1.27%
HIG	B	0.2%	0.25%	0.2%
ICE	C	0.2%	0.21%	0.2%
INCY	C	0.16%	0.59%	0.16%
META	D	0.65%	2.49%	0.65%
MSCI	C	0.21%	0.12%	0.12%
NOW	A	1.27%	0.12%	0.12%
NVDA	C	1.44%	3.9%	1.44%
ORLY	B	0.34%	0.36%	0.34%
PAYC	B	0.18%	0.66%	0.18%
PEGA	A	0.15%	0.57%	0.15%
PEP	F	0.26%	0.45%	0.26%
PGR	A	0.21%	0.79%	0.21%
PRU	A	0.23%	1.92%	0.23%
PVH	C	0.34%	0.32%	0.32%
RCL	A	0.47%	0.63%	0.47%
SBAC	D	0.08%	0.05%	0.05%
SPG	B	0.1%	0.06%	0.06%
TRGP	B	0.07%	0.47%	0.07%
TRV	B	0.22%	1.05%	0.22%
TSLA	B	0.49%	0.28%	0.28%
TT	A	0.15%	0.44%	0.15%
UNH	C	0.13%	0.09%	0.09%
UTHR	C	0.14%	0.08%	0.08%
VRSK	A	0.13%	0.53%	0.13%
VRT	B	0.21%	0.54%	0.21%
VRTX	F	0.13%	0.33%	0.13%
ZM	B	0.71%	0.59%	0.59%

OPTZ Overweight 271 Positions Relative to FLCC

Symbol	Grade	Weight
CRWD	B	1.37%
TTMI	B	1.36%
INTC	D	1.31%
FFIV	B	1.25%
QLYS	C	1.22%
CDNS	B	1.21%
BHE	B	1.2%
ITRI	B	1.19%
MSI	B	1.18%
SNPS	B	1.16%
WIX	B	1.15%
INFN	C	1.11%
VZIO	A	1.04%
AMD	F	1.03%
VRSN	F	1.03%
IBM	C	1.02%
ROP	B	1.0%
FSLR	F	0.96%
DJT	C	0.93%
LUMN	C	0.83%
IDCC	A	0.78%
ACLS	F	0.78%
DIS	B	0.77%
NFLX	A	0.73%
TMUS	B	0.72%
RNG	B	0.72%
EA	A	0.66%
CMCSA	B	0.64%
T	A	0.64%
EAT	A	0.55%
CVNA	B	0.55%
AMC	C	0.54%
NPAB	B	0.52%
WWW	B	0.48%
NCLH	B	0.48%
COIN	C	0.42%
HBI	B	0.42%
WOOF	D	0.42%
UNFI	A	0.41%
RL	B	0.39%
LULU	C	0.39%
SIG	B	0.39%
MAR	B	0.39%
DECK	A	0.39%
LVS	C	0.38%
WHR	B	0.37%
GRMN	B	0.37%
ANF	C	0.36%
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%
ALV	C	0.33%
BURL	A	0.33%
TAP	C	0.32%
MCD	D	0.32%
CHDN	B	0.32%
APO	B	0.31%
YETI	C	0.31%
ENR	B	0.31%
ETSY	D	0.3%
CHD	B	0.3%
ULTA	F	0.3%
ROST	C	0.29%
DKS	C	0.29%
GPC	D	0.29%
LC	A	0.28%
LEA	D	0.28%
TGT	F	0.28%
LNW	D	0.28%
DOLE	D	0.27%
SQ	B	0.27%
MELI	D	0.27%
WBA	F	0.27%
STZ	D	0.27%
ODP	F	0.27%
AX	A	0.26%
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%
AXP	A	0.24%
CROX	D	0.24%
BLK	C	0.24%
BHF	B	0.24%
CINF	A	0.23%
AGO	B	0.23%
EWTX	C	0.23%
AIZ	A	0.23%
CPAY	A	0.23%
PRG	C	0.22%
SIGI	C	0.22%
GPN	B	0.22%
WTW	B	0.22%
COOP	B	0.22%
LBPH	A	0.22%
BR	A	0.22%
V	A	0.22%
NATL	B	0.21%
GL	B	0.21%
AXON	A	0.21%
AER	B	0.21%
BFH	B	0.21%
BRO	B	0.21%
ALL	A	0.21%
LDI	C	0.2%
STRL	B	0.2%
MKTX	D	0.2%
CME	A	0.2%
SPGI	C	0.2%
CRS	A	0.2%
MCO	B	0.2%
GATO	D	0.2%
RNR	C	0.2%
ZIM	C	0.2%
NAVI	C	0.19%
DAL	C	0.19%
PMT	D	0.19%
CB	C	0.19%
FIX	A	0.18%
APD	A	0.18%
VMC	B	0.18%
EME	C	0.18%
GTLS	B	0.18%
XPO	B	0.18%
LPX	B	0.18%
EXP	A	0.18%
SKYW	B	0.18%
HQY	B	0.17%
JBLU	F	0.17%
AVNT	B	0.17%
MLM	B	0.17%
HASI	D	0.17%
PEN	B	0.16%
EMN	D	0.16%
SHW	A	0.16%
DOCU	A	0.16%
PCTY	B	0.16%
PWR	A	0.16%
AIT	A	0.16%
ACHR	B	0.16%
VERA	B	0.16%
GNRC	B	0.16%
HON	B	0.15%
ECL	D	0.15%
HUBB	B	0.15%
ESTC	C	0.15%
GFF	A	0.15%
ISRG	A	0.15%
ETN	A	0.15%
PCAR	B	0.15%
WAB	B	0.15%
JAZZ	B	0.15%
PH	A	0.15%
URI	B	0.15%
TPC	C	0.15%
SAIA	B	0.15%
PODD	C	0.15%
CLOV	D	0.15%
PNR	A	0.15%
PHIN	A	0.14%
THC	D	0.14%
STGW	B	0.14%
ZBH	C	0.14%
MRC	B	0.14%
DGX	A	0.14%
WST	C	0.14%
LECO	B	0.14%
LIVN	F	0.14%
AKRO	B	0.14%
REVG	B	0.14%
LIN	D	0.14%
DVA	B	0.14%
SYK	C	0.14%
CAT	B	0.14%
WDAY	B	0.13%
BV	B	0.13%
FDX	B	0.13%
NBIX	C	0.13%
SAVA	D	0.13%
OSK	B	0.13%
PBI	B	0.13%
WWD	B	0.13%
ASH	D	0.13%
MANH	D	0.13%
AHCO	F	0.12%
SHC	F	0.12%
AOS	F	0.12%
KRYS	B	0.12%
MOH	F	0.12%
RPRX	D	0.12%
XYL	D	0.12%
STE	F	0.12%
RSG	A	0.12%
ETNB	C	0.12%
DAWN	F	0.12%
IQV	D	0.11%
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%
UHS	D	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%
LNTH	D	0.1%
EXPI	C	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%
EGP	F	0.08%
TDW	F	0.08%
ICLR	D	0.08%
PRIM	A	0.08%
KNTK	B	0.07%
BKR	B	0.07%
WMB	A	0.07%
BKD	D	0.07%
DTM	B	0.07%
ATO	A	0.06%
WKC	D	0.06%
ETR	B	0.06%
SLB	C	0.06%
OII	B	0.06%
WHD	B	0.06%
FTI	A	0.06%
SANA	F	0.06%
NRG	B	0.06%
VAL	D	0.05%
DUK	C	0.05%
DTE	C	0.05%
APA	D	0.05%
SO	D	0.05%
WFRD	D	0.05%
DK	C	0.05%
SWX	B	0.05%
AES	F	0.04%
NFE	D	0.04%
HE	C	0.04%

OPTZ Underweight 91 Positions Relative to FLCC

Symbol	Grade	Weight
MSFT	F	-5.55%
GOOGL	C	-4.82%
VLTO	D	-2.38%
GEV	B	-2.21%
SPOT	B	-2.21%
ABBV	D	-1.98%
NTNX	A	-1.68%
PM	B	-1.61%
FTNT	C	-1.58%
STT	A	-1.5%
BK	A	-1.49%
QCOM	F	-1.42%
IBKR	A	-1.23%
JNJ	D	-1.15%
NTRS	A	-1.05%
KRC	C	-1.03%
EXPE	B	-0.99%
GILD	C	-0.96%
SN	D	-0.96%
WING	D	-0.93%
KMB	D	-0.9%
GAP	C	-0.84%
LNG	B	-0.84%
MRK	F	-0.76%
PPG	F	-0.71%
ALSN	B	-0.71%
AMGN	D	-0.63%
MA	C	-0.56%
EOG	A	-0.56%
KR	B	-0.51%
AAP	C	-0.5%
ELAN	D	-0.5%
MPC	D	-0.48%
MUSA	A	-0.47%
ZTS	D	-0.46%
EBAY	D	-0.44%
LII	A	-0.42%
ORCL	B	-0.38%
CRBG	B	-0.38%
PLTR	B	-0.36%
FMC	D	-0.36%
MU	D	-0.33%
NEM	D	-0.32%
TJX	A	-0.3%
ILMN	D	-0.3%
REGN	F	-0.29%
MAS	D	-0.28%
WM	A	-0.28%
UNP	C	-0.28%
LLY	F	-0.27%
BIIB	F	-0.27%
DXC	B	-0.27%
OTIS	C	-0.27%
ELV	F	-0.27%
DASH	A	-0.26%
HUM	C	-0.25%
DDOG	A	-0.25%
VIRT	B	-0.25%
RBLX	C	-0.24%
CI	F	-0.23%
AXTA	A	-0.23%
WEC	A	-0.23%
ALLE	D	-0.22%
HPE	B	-0.22%
RYAN	B	-0.2%
NTAP	C	-0.2%
CNC	D	-0.18%
CW	B	-0.18%
STLD	B	-0.16%
WU	D	-0.16%
R	B	-0.15%
TFX	F	-0.14%
ZI	D	-0.14%
DVN	F	-0.14%
GEHC	F	-0.14%
ROK	B	-0.14%
MAN	D	-0.13%
QRVO	F	-0.12%
MOS	F	-0.12%
PSX	C	-0.11%
HUBS	A	-0.1%
XEL	A	-0.09%
ESS	B	-0.09%
EXC	C	-0.07%
BERY	B	-0.07%
ALNY	D	-0.05%
AA	B	-0.05%
LRCX	F	-0.05%
CCI	D	-0.05%
F	C	-0.04%
TER	D	-0.03%