OPTZ vs. FSMD ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to Fidelity Small-Mid Factor ETF (FSMD)
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
FSMD

Fidelity Small-Mid Factor ETF

FSMD Description The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index℠, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index℠.

Grade (RS Rating)

Last Trade

$44.30

Average Daily Volume

86,159

Number of Holdings *

577

* may have additional holdings in another (foreign) market
Performance
Period OPTZ FSMD
30 Days 8.47% 7.37%
60 Days 9.68% 7.55%
90 Days 11.36% 9.10%
12 Months 35.46%
60 Overlapping Holdings
Symbol Grade Weight in OPTZ Weight in FSMD Overlap
AIT A 0.16% 0.24% 0.16%
AIZ A 0.23% 0.28% 0.23%
ALV C 0.33% 0.19% 0.19%
ANF C 0.36% 0.19% 0.19%
AOS F 0.12% 0.19% 0.12%
ASH D 0.13% 0.12% 0.12%
AX A 0.26% 0.15% 0.15%
BFH B 0.21% 0.13% 0.13%
BHE B 1.2% 0.11% 0.11%
CHDN B 0.32% 0.23% 0.23%
COOP B 0.22% 0.19% 0.19%
CPT B 0.09% 0.28% 0.09%
CROX D 0.24% 0.16% 0.16%
CRUS D 0.8% 0.15% 0.15%
DKS C 0.29% 0.25% 0.25%
DTM B 0.07% 0.3% 0.07%
DVA B 0.14% 0.23% 0.14%
ELS C 0.09% 0.28% 0.09%
EME C 0.18% 0.47% 0.18%
ESTC C 0.15% 0.18% 0.15%
EWTX C 0.23% 0.19% 0.19%
EXP A 0.18% 0.25% 0.18%
FIX A 0.18% 0.36% 0.18%
FTI A 0.06% 0.3% 0.06%
GL B 0.21% 0.24% 0.21%
HE C 0.04% 0.08% 0.04%
HII D 0.09% 0.16% 0.09%
IDCC A 0.78% 0.17% 0.17%
INCY C 0.16% 0.27% 0.16%
KRYS B 0.12% 0.14% 0.12%
KURA F 0.11% 0.08% 0.08%
LAMR D 0.09% 0.26% 0.09%
LECO B 0.14% 0.25% 0.14%
LNTH D 0.1% 0.17% 0.1%
MANH D 0.13% 0.35% 0.13%
NBIX C 0.13% 0.26% 0.13%
NRG B 0.06% 0.43% 0.06%
OGN D 0.09% 0.12% 0.09%
OSK B 0.13% 0.18% 0.13%
PEGA A 0.15% 0.16% 0.15%
PHIN A 0.14% 0.13% 0.13%
PNR A 0.15% 0.35% 0.15%
PRIM A 0.08% 0.16% 0.08%
QLYS C 1.22% 0.17% 0.17%
REXR F 0.08% 0.21% 0.08%
RL B 0.39% 0.22% 0.22%
RNR C 0.2% 0.31% 0.2%
SBH C 0.36% 0.12% 0.12%
SIGI C 0.22% 0.18% 0.18%
SKYW B 0.18% 0.16% 0.16%
SRPT D 0.11% 0.23% 0.11%
STRL B 0.2% 0.2% 0.2%
TAP C 0.32% 0.25% 0.25%
THC D 0.14% 0.32% 0.14%
TPC C 0.15% 0.1% 0.1%
UHS D 0.11% 0.26% 0.11%
UTHR C 0.14% 0.35% 0.14%
WFRD D 0.05% 0.17% 0.05%
WKC D 0.06% 0.13% 0.06%
WWD B 0.13% 0.24% 0.13%
OPTZ Overweight 261 Positions Relative to FSMD
Symbol Grade Weight
APP B 2.03%
NVDA C 1.44%
CRWD B 1.37%
CRM B 1.37%
TTMI B 1.36%
INTC D 1.31%
DELL C 1.29%
GDDY A 1.27%
NOW A 1.27%
FFIV B 1.25%
ANET C 1.24%
CDNS B 1.21%
ITRI B 1.19%
MSI B 1.18%
SNPS B 1.16%
WIX B 1.15%
INFN C 1.11%
AAPL C 1.06%
VZIO A 1.04%
AMD F 1.03%
VRSN F 1.03%
BAH F 1.02%
IBM C 1.02%
AMAT F 1.0%
ROP B 1.0%
FSLR F 0.96%
DJT C 0.93%
LUMN C 0.83%
ACLS F 0.78%
DIS B 0.77%
NFLX A 0.73%
TMUS B 0.72%
RNG B 0.72%
ZM B 0.71%
EA A 0.66%
META D 0.65%
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%
RCL A 0.47%
COIN C 0.42%
HBI B 0.42%
WOOF D 0.42%
UNFI A 0.41%
LULU C 0.39%
SIG B 0.39%
MAR B 0.39%
DECK A 0.39%
AMZN C 0.38%
LVS C 0.38%
WHR B 0.37%
GRMN B 0.37%
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%
BURL A 0.33%
MCD D 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%
GPC D 0.29%
COST B 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%
DAN D 0.26%
PEP F 0.26%
CVS D 0.26%
APTV D 0.25%
CL D 0.25%
GS A 0.25%
KKR A 0.25%
FI A 0.25%
AMP A 0.25%
CAL D 0.25%
BG F 0.25%
TROW B 0.24%
ARES A 0.24%
AXP A 0.24%
BLK C 0.24%
BHF B 0.24%
CINF A 0.23%
AGO B 0.23%
PRU A 0.23%
CPAY A 0.23%
PRG C 0.22%
GPN B 0.22%
WTW B 0.22%
LBPH A 0.22%
BR A 0.22%
V A 0.22%
TRV B 0.22%
NATL B 0.21%
PGR A 0.21%
AXON A 0.21%
VRT B 0.21%
AER B 0.21%
MSCI C 0.21%
BRO B 0.21%
ALL A 0.21%
LDI C 0.2%
ICE C 0.2%
MKTX D 0.2%
CME A 0.2%
SPGI C 0.2%
HIG B 0.2%
CRS A 0.2%
MCO B 0.2%
GATO D 0.2%
ZIM C 0.2%
NAVI C 0.19%
ACGL D 0.19%
DAL C 0.19%
PMT D 0.19%
CBOE B 0.19%
CB C 0.19%
APD A 0.18%
VMC B 0.18%
GTLS B 0.18%
PAYC B 0.18%
XPO B 0.18%
LPX 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%
ACHR B 0.16%
VERA B 0.16%
GNRC B 0.16%
HON B 0.15%
ECL D 0.15%
HUBB B 0.15%
GFF A 0.15%
ISRG A 0.15%
TT 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%
SAIA B 0.15%
PODD C 0.15%
CLOV D 0.15%
STGW B 0.14%
COR B 0.14%
ZBH C 0.14%
MRC B 0.14%
DGX A 0.14%
WST C 0.14%
CAH B 0.14%
LIVN F 0.14%
AKRO B 0.14%
REVG B 0.14%
LIN D 0.14%
SYK C 0.14%
CAT B 0.14%
UNH C 0.13%
WDAY B 0.13%
BV B 0.13%
VRSK A 0.13%
ALGN D 0.13%
FDX B 0.13%
VRTX F 0.13%
SAVA D 0.13%
PBI B 0.13%
AHCO F 0.12%
SHC F 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%
BAX D 0.11%
DLR B 0.11%
SNDX F 0.11%
VNO B 0.11%
BA F 0.11%
ADBE C 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%
PEB D 0.09%
NEXT B 0.09%
PK B 0.09%
CE F 0.09%
WY D 0.09%
SBRA C 0.09%
NMRK B 0.09%
NVRI F 0.08%
RDFN D 0.08%
SBAC D 0.08%
EGP F 0.08%
TDW F 0.08%
ICLR D 0.08%
CEG D 0.07%
KNTK B 0.07%
BKR B 0.07%
WMB A 0.07%
BKD D 0.07%
AMT D 0.07%
TRGP B 0.07%
ATO A 0.06%
ETR B 0.06%
SLB C 0.06%
OII B 0.06%
WHD B 0.06%
SANA F 0.06%
EIX B 0.05%
VAL D 0.05%
DUK C 0.05%
DTE C 0.05%
APA D 0.05%
SO D 0.05%
DK C 0.05%
SWX B 0.05%
AES F 0.04%
NFE D 0.04%
OPTZ Underweight 517 Positions Relative to FSMD
Symbol Grade Weight
TPL A -0.6%
LYV A -0.45%
NTRA B -0.44%
IBKR A -0.44%
LII A -0.39%
NTNX A -0.38%
SNA A -0.38%
RPM A -0.36%
GWRE A -0.36%
TW A -0.35%
DUOL A -0.35%
TOL B -0.34%
WSO A -0.34%
L A -0.33%
SFM A -0.33%
NWSA B -0.33%
EWBC A -0.33%
OC A -0.33%
RGA A -0.32%
EQH B -0.32%
SW A -0.32%
CASY A -0.32%
GGG B -0.31%
PSTG D -0.31%
TPR B -0.31%
ACM A -0.31%
CW B -0.3%
UNM A -0.3%
ROL B -0.29%
SCI B -0.29%
SF B -0.29%
TXRH C -0.29%
EXEL B -0.28%
REG B -0.28%
NDSN B -0.28%
ITT A -0.27%
AMH D -0.27%
EVR B -0.27%
FHN A -0.27%
JLL D -0.27%
CHRW C -0.27%
BWXT B -0.27%
OWL A -0.27%
BRBR A -0.26%
JNPR F -0.26%
ALLE D -0.26%
ATR B -0.26%
CLH B -0.26%
WBS A -0.26%
NVT B -0.26%
BXP D -0.26%
WAL B -0.25%
EHC B -0.25%
DOCS C -0.25%
SOLV C -0.25%
BSY D -0.25%
MLI C -0.25%
GMED A -0.25%
CIEN B -0.25%
BJ A -0.25%
CUBE D -0.25%
KNSL B -0.25%
PRI A -0.25%
HLI B -0.25%
AYI B -0.24%
ORI A -0.24%
MUSA A -0.24%
BLD D -0.24%
OGE B -0.24%
OHI C -0.24%
AAON B -0.24%
ERIE D -0.24%
PLNT A -0.24%
CMA A -0.24%
MASI A -0.24%
ALSN B -0.24%
CNX A -0.24%
WTFC A -0.23%
TTEK F -0.23%
PCVX D -0.23%
NYT C -0.23%
TPX B -0.23%
HLNE B -0.23%
BRX A -0.23%
AFG A -0.23%
ZION B -0.23%
DOX D -0.23%
RGLD C -0.23%
HSIC B -0.23%
INGR B -0.23%
ENSG D -0.22%
VOYA B -0.22%
ADMA B -0.22%
SNX C -0.22%
WH B -0.22%
ALLY C -0.22%
RBC A -0.22%
CBSH A -0.22%
SEIC B -0.22%
MORN B -0.22%
CACI D -0.22%
WING D -0.22%
SNV B -0.22%
TFX F -0.21%
HRL D -0.21%
RLI B -0.21%
CVLT B -0.21%
ADC B -0.21%
MTSI B -0.21%
CHRD D -0.21%
QTWO A -0.21%
GPK C -0.21%
FN D -0.21%
DCI B -0.21%
CHE D -0.21%
GKOS B -0.21%
AXTA A -0.21%
CR A -0.21%
FRT B -0.21%
BWA D -0.2%
KD B -0.2%
JXN C -0.2%
AXS A -0.2%
ONTO D -0.2%
SKX D -0.2%
TMHC B -0.2%
BERY B -0.2%
CRBG B -0.2%
G B -0.2%
MMSI B -0.2%
FLS B -0.2%
EXLS B -0.2%
CPB D -0.2%
MTCH D -0.2%
RDNT B -0.2%
HRB D -0.2%
CORT B -0.2%
NNN D -0.2%
WMG C -0.19%
AWI A -0.19%
THG A -0.19%
GEO B -0.19%
WMS D -0.19%
ALTR B -0.19%
BPOP B -0.19%
ESAB B -0.19%
MGY A -0.19%
NFG A -0.19%
PRCT B -0.19%
TDS B -0.19%
ACI C -0.19%
UFPI B -0.19%
DBX B -0.19%
RHI B -0.19%
ELAN D -0.19%
TTC D -0.19%
OMF A -0.19%
MEDP D -0.19%
MTH D -0.18%
CEIX A -0.18%
SUM B -0.18%
CNM D -0.18%
UMBF B -0.18%
KNF A -0.18%
EPRT B -0.18%
MHK D -0.18%
DINO D -0.18%
SSD D -0.18%
VMI B -0.18%
FR C -0.18%
PIPR B -0.18%
BMI B -0.18%
R B -0.18%
ACIW B -0.18%
MTN C -0.18%
CSWI A -0.18%
CMC B -0.18%
GNTX C -0.18%
RGEN D -0.18%
MTG C -0.18%
MIR A -0.17%
ITGR B -0.17%
PI D -0.17%
BKH A -0.17%
ESNT D -0.17%
DORM B -0.17%
SMLR B -0.17%
NOVT D -0.17%
FTDR A -0.17%
FCN D -0.17%
NXST C -0.17%
SLM A -0.17%
SN D -0.17%
UGI A -0.17%
ACLX C -0.17%
VNT B -0.17%
BPMC C -0.17%
MOG.A B -0.17%
BFAM D -0.17%
SPSC C -0.17%
TREX C -0.17%
LRN A -0.17%
GPI A -0.17%
BYD C -0.17%
STAG F -0.17%
ESI A -0.17%
OLED D -0.17%
AROC B -0.17%
AMG B -0.17%
CBT C -0.17%
CALM A -0.16%
ASB B -0.16%
CNO A -0.16%
CTRE D -0.16%
ZD C -0.16%
BTU B -0.16%
TGNA B -0.16%
MATX C -0.16%
APPF B -0.16%
LOPE B -0.16%
VIRT B -0.16%
ALE A -0.16%
DLB B -0.16%
MSA D -0.16%
VRNS D -0.16%
HALO F -0.16%
CUZ B -0.16%
ROAD A -0.16%
ALKS B -0.16%
SR A -0.16%
POST C -0.16%
OZK B -0.16%
LSTR D -0.16%
COKE C -0.16%
SAIC F -0.16%
PBH A -0.16%
ZWS B -0.16%
PLXS B -0.16%
KTB B -0.16%
BCPC B -0.16%
ARW D -0.16%
KBH D -0.16%
GHC C -0.15%
IBOC A -0.15%
KRC C -0.15%
HAE C -0.15%
SLGN A -0.15%
CHH A -0.15%
SON D -0.15%
FULT A -0.15%
BRKR D -0.15%
IBP D -0.15%
CRVL A -0.15%
FSS B -0.15%
HIMS B -0.15%
FHI A -0.15%
KAI A -0.15%
SANM B -0.15%
TENB C -0.15%
BGC C -0.15%
CRNX C -0.15%
NWE B -0.15%
CIVI D -0.15%
PJT A -0.15%
IESC B -0.15%
BCC B -0.15%
TNL A -0.15%
CVCO A -0.15%
AGX B -0.15%
CATY B -0.15%
AVT C -0.15%
EEFT B -0.15%
AGCO D -0.15%
ABG B -0.15%
RDN C -0.15%
WTS B -0.15%
OLLI D -0.15%
ACA A -0.15%
PRGS A -0.14%
HCC B -0.14%
EXPO D -0.14%
SLVM B -0.14%
GTES A -0.14%
ENVA B -0.14%
AVA A -0.14%
DEI B -0.14%
WDFC B -0.14%
TPH D -0.14%
FLO D -0.14%
AGR B -0.14%
PLMR B -0.14%
APAM B -0.14%
CXW B -0.14%
MWA B -0.14%
GNW A -0.14%
POWL C -0.14%
ATGE B -0.14%
DXC B -0.14%
CPRX C -0.14%
VCTR B -0.14%
USLM A -0.14%
VCEL B -0.14%
IDT B -0.14%
ESGR B -0.14%
SNEX B -0.14%
VVV F -0.14%
DY D -0.14%
MHO D -0.14%
GPOR B -0.14%
SEM B -0.14%
NSA D -0.13%
MCY A -0.13%
VSTO A -0.13%
NEU C -0.13%
NMIH D -0.13%
BNL D -0.13%
CASH A -0.13%
FUL F -0.13%
WEN D -0.13%
WLK D -0.13%
CBZ B -0.13%
KFY B -0.13%
WU D -0.13%
ZETA D -0.13%
OTTR C -0.13%
PBF D -0.13%
PSN D -0.13%
HIW D -0.13%
TKR D -0.13%
YELP C -0.13%
FBP B -0.13%
UE C -0.13%
FELE B -0.13%
ARCH B -0.13%
ASGN F -0.13%
SUPN C -0.13%
LMAT A -0.13%
HOG D -0.13%
AN C -0.13%
MMS F -0.13%
NHI D -0.13%
SKWD A -0.13%
TPB B -0.13%
ADTN A -0.12%
AEO F -0.12%
CXT B -0.12%
MTX B -0.12%
ATEN B -0.12%
BRC D -0.12%
ENS D -0.12%
LBRT D -0.12%
PLTK B -0.12%
HUBG A -0.12%
CHCO B -0.12%
ADUS D -0.12%
LGND B -0.12%
MSM C -0.12%
HMN B -0.12%
EPAC B -0.12%
PPC C -0.12%
QCRH A -0.12%
PAG B -0.12%
BCO D -0.12%
COLM B -0.12%
SHOO D -0.12%
USM B -0.12%
ASO F -0.12%
WSBC A -0.12%
AMED F -0.12%
OSIS B -0.12%
PINC B -0.12%
RUSHA C -0.12%
NSIT F -0.12%
SXT B -0.12%
LANC C -0.12%
PATK D -0.12%
UTL B -0.11%
HCI C -0.11%
MDU D -0.11%
APOG B -0.11%
PLUS F -0.11%
MCRI A -0.11%
AMKR D -0.11%
SPNT A -0.11%
LZB B -0.11%
CPF A -0.11%
SPOK C -0.11%
AMR C -0.11%
DDS B -0.11%
SHO C -0.11%
HNI B -0.11%
WABC B -0.11%
CTBI B -0.11%
VRRM D -0.11%
GOLF B -0.11%
STNG F -0.11%
PFBC B -0.11%
UNF B -0.11%
LTC B -0.11%
UFPT B -0.11%
CTS C -0.11%
STRA C -0.11%
EIG B -0.11%
OFG B -0.11%
AZZ B -0.11%
EQC B -0.11%
PAHC C -0.11%
AMRX C -0.11%
FORM D -0.11%
AMPH D -0.11%
BKE B -0.11%
PRDO B -0.11%
MCB B -0.11%
HWKN B -0.11%
IOSP B -0.11%
MGRC B -0.11%
ALRM C -0.11%
LEVI F -0.1%
SCSC B -0.1%
ICFI F -0.1%
THFF B -0.1%
UTI A -0.1%
INFA D -0.1%
ACT D -0.1%
PDM D -0.1%
URBN C -0.1%
SIRI C -0.1%
SRCE B -0.1%
UVE B -0.1%
WINA B -0.1%
HSTM B -0.1%
MSBI B -0.1%
REX D -0.1%
IBCP B -0.1%
INVA D -0.1%
INSW F -0.1%
CRAI B -0.1%
GIII D -0.1%
TWST D -0.1%
CSV B -0.1%
HCKT B -0.1%
AAT B -0.1%
PLAB C -0.1%
USPH B -0.1%
UVSP B -0.1%
XHR B -0.1%
SXC A -0.1%
NHC C -0.1%
AMAL B -0.1%
PEBO A -0.1%
SCHL D -0.09%
FIZZ C -0.09%
ANDE D -0.09%
HSII B -0.09%
KLG C -0.09%
CFB B -0.09%
AMCX C -0.09%
DEA D -0.09%
WSR A -0.09%
CASS B -0.09%
FF D -0.09%
ASTH D -0.09%
UPBD B -0.09%
ROCK C -0.09%
CWCO C -0.09%
GNE D -0.09%
REYN D -0.09%
CUBI C -0.09%
BBSI B -0.09%
OLP B -0.09%
STAA F -0.08%
SCVL F -0.08%
ALX D -0.08%
VNDA C -0.08%
LPG F -0.08%
MLR B -0.08%
SCS C -0.08%
IMKTA C -0.08%
HCSG C -0.08%
TNC D -0.08%
ZYXI D -0.08%
VSH D -0.08%
PGRE F -0.08%
COLL F -0.08%
CECO A -0.08%
ETD C -0.08%
SSTK F -0.08%
UTMD F -0.08%
EGY D -0.08%
SMP B -0.08%
CNXN C -0.08%
ANIP F -0.08%
ASC F -0.07%
KRT A -0.07%
BRY F -0.07%
CNXC F -0.07%
EBF F -0.07%
NSSC D -0.07%
JBSS D -0.07%
RMR F -0.07%
KFRC D -0.07%
NPK B -0.07%
TRNS D -0.07%
VECO F -0.07%
OSUR F -0.07%
METC C -0.07%
NVEC C -0.07%
IMMR C -0.06%
GIC D -0.06%
PANL F -0.06%
SIGA F -0.06%
SLP D -0.06%
AMN F -0.05%
KELYA F -0.05%
MRVI F -0.05%
CLW F -0.04%
JBI F -0.04%
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