OPTZ vs. GARP ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to iShares MSCI USA Quality GARP ETF (GARP)

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

GARP

iShares MSCI USA Quality GARP ETF

GARP Description

Grade (RS Rating)

Last Trade

$55.77

Average Daily Volume

45,422

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

Performance

Period	OPTZ	GARP
30 Days	8.47%	6.13%
60 Days	9.68%	5.15%
90 Days	11.36%	6.86%
12 Months		42.31%

62 Overlapping Holdings

Symbol	Grade	Weight in OPTZ	Weight in GARP	Overlap
AAPL	C	1.06%	4.72%	1.06%
ACGL	D	0.19%	0.32%	0.19%
ADBE	C	0.11%	4.42%	0.11%
AMAT	F	1.0%	2.92%	1.0%
AMD	F	1.03%	1.42%	1.03%
AMP	A	0.25%	0.78%	0.25%
AMT	D	0.07%	0.13%	0.07%
AMZN	C	0.38%	1.38%	0.38%
ANET	C	1.24%	0.32%	0.32%
APA	D	0.05%	0.16%	0.05%
APO	B	0.31%	0.56%	0.31%
APP	B	2.03%	0.37%	0.37%
APTV	D	0.25%	0.29%	0.25%
ARES	A	0.24%	0.05%	0.05%
AXON	A	0.21%	0.06%	0.06%
AXP	A	0.24%	0.47%	0.24%
BURL	A	0.33%	0.12%	0.12%
CDNS	B	1.21%	0.26%	0.26%
CE	F	0.09%	0.07%	0.07%
COIN	C	0.42%	0.07%	0.07%
CPAY	A	0.23%	0.21%	0.21%
CRM	B	1.37%	2.03%	1.37%
CRWD	B	1.37%	0.25%	0.25%
DAL	C	0.19%	0.09%	0.09%
DECK	A	0.39%	0.53%	0.39%
DELL	C	1.29%	0.24%	0.24%
DOCU	A	0.16%	0.1%	0.1%
DVA	B	0.14%	0.02%	0.02%
GDDY	A	1.27%	0.17%	0.17%
GS	A	0.25%	0.55%	0.25%
IDXX	F	0.11%	0.68%	0.11%
INCY	C	0.16%	0.04%	0.04%
IQV	D	0.11%	0.1%	0.1%
KKR	A	0.25%	0.26%	0.25%
LULU	C	0.39%	0.74%	0.39%
MANH	D	0.13%	0.38%	0.13%
MELI	D	0.27%	0.6%	0.27%
META	D	0.65%	4.29%	0.65%
MOH	F	0.12%	0.05%	0.05%
NBIX	C	0.13%	0.04%	0.04%
NFLX	A	0.73%	0.52%	0.52%
NOW	A	1.27%	0.67%	0.67%
NRG	B	0.06%	0.03%	0.03%
NVDA	C	1.44%	5.41%	1.44%
ORLY	B	0.34%	0.1%	0.1%
PAYC	B	0.18%	0.22%	0.18%
PGR	A	0.21%	1.26%	0.21%
PODD	C	0.15%	0.05%	0.05%
RCL	A	0.47%	0.8%	0.47%
SBAC	D	0.08%	0.06%	0.06%
SHW	A	0.16%	0.65%	0.16%
SLB	C	0.06%	0.43%	0.06%
SNPS	B	1.16%	0.26%	0.26%
SQ	B	0.27%	0.13%	0.13%
TMUS	B	0.72%	0.36%	0.36%
TRGP	B	0.07%	0.06%	0.06%
TSLA	B	0.49%	6.23%	0.49%
ULTA	F	0.3%	0.36%	0.3%
V	A	0.22%	2.04%	0.22%
VRT	B	0.21%	0.36%	0.21%
VRTX	F	0.13%	0.35%	0.13%
WDAY	B	0.13%	0.36%	0.13%

OPTZ Overweight 259 Positions Relative to GARP

Symbol	Grade	Weight
TTMI	B	1.36%
INTC	D	1.31%
FFIV	B	1.25%
QLYS	C	1.22%
BHE	B	1.2%
ITRI	B	1.19%
MSI	B	1.18%
WIX	B	1.15%
INFN	C	1.11%
VZIO	A	1.04%
VRSN	F	1.03%
BAH	F	1.02%
IBM	C	1.02%
ROP	B	1.0%
FSLR	F	0.96%
DJT	C	0.93%
LUMN	C	0.83%
CRUS	D	0.8%
IDCC	A	0.78%
ACLS	F	0.78%
DIS	B	0.77%
RNG	B	0.72%
ZM	B	0.71%
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%
HBI	B	0.42%
WOOF	D	0.42%
UNFI	A	0.41%
RL	B	0.39%
SIG	B	0.39%
MAR	B	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%
PVH	C	0.34%
ALV	C	0.33%
TAP	C	0.32%
MCD	D	0.32%
CHDN	B	0.32%
YETI	C	0.31%
ENR	B	0.31%
ETSY	D	0.3%
CHD	B	0.3%
ROST	C	0.29%
DKS	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%
WBA	F	0.27%
STZ	D	0.27%
ODP	F	0.27%
AX	A	0.26%
DAN	D	0.26%
PEP	F	0.26%
CVS	D	0.26%
CL	D	0.25%
FI	A	0.25%
CAL	D	0.25%
BG	F	0.25%
TROW	B	0.24%
CROX	D	0.24%
BLK	C	0.24%
BHF	B	0.24%
CINF	A	0.23%
AGO	B	0.23%
PRU	A	0.23%
EWTX	C	0.23%
AIZ	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%
TRV	B	0.22%
NATL	B	0.21%
GL	B	0.21%
AER	B	0.21%
BFH	B	0.21%
MSCI	C	0.21%
BRO	B	0.21%
ALL	A	0.21%
LDI	C	0.2%
ICE	C	0.2%
STRL	B	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%
RNR	C	0.2%
ZIM	C	0.2%
NAVI	C	0.19%
PMT	D	0.19%
CBOE	B	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%
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%
TT	A	0.15%
ETN	A	0.15%
PCAR	B	0.15%
PEGA	A	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%
CLOV	D	0.15%
PNR	A	0.15%
PHIN	A	0.14%
THC	D	0.14%
STGW	B	0.14%
COR	B	0.14%
ZBH	C	0.14%
MRC	B	0.14%
DGX	A	0.14%
WST	C	0.14%
LECO	B	0.14%
UTHR	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%
BV	B	0.13%
VRSK	A	0.13%
ALGN	D	0.13%
FDX	B	0.13%
SAVA	D	0.13%
OSK	B	0.13%
PBI	B	0.13%
WWD	B	0.13%
ASH	D	0.13%
AHCO	F	0.12%
SHC	F	0.12%
AOS	F	0.12%
KRYS	B	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%
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%
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%
LNTH	D	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%
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%
CEG	D	0.07%
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%
OII	B	0.06%
WHD	B	0.06%
FTI	A	0.06%
SANA	F	0.06%
EIX	B	0.05%
VAL	D	0.05%
DUK	C	0.05%
DTE	C	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 83 Positions Relative to GARP

Symbol	Grade	Weight
AVGO	D	-4.77%
MSFT	F	-4.71%
MA	C	-4.23%
KLAC	D	-3.73%
GOOGL	C	-3.1%
LLY	F	-2.66%
MRK	F	-2.09%
ORCL	B	-1.96%
LRCX	F	-1.85%
GE	D	-1.64%
INTU	C	-1.24%
QCOM	F	-1.16%
GWW	B	-1.02%
GOOG	C	-0.92%
ODFL	B	-0.85%
ABNB	C	-0.83%
CMG	B	-0.8%
FLUT	A	-0.66%
BKNG	A	-0.49%
CPRT	A	-0.48%
HWM	A	-0.43%
PANW	C	-0.4%
PLTR	B	-0.38%
GEV	B	-0.37%
DASH	A	-0.37%
HAL	C	-0.37%
NXPI	D	-0.36%
EQT	B	-0.34%
WSM	B	-0.33%
EXPE	B	-0.32%
STLD	B	-0.29%
NUE	C	-0.29%
LII	A	-0.27%
TPL	A	-0.26%
CTRA	B	-0.26%
MCK	B	-0.22%
DVN	F	-0.21%
ADSK	A	-0.21%
LPLA	A	-0.2%
UBER	D	-0.19%
FTNT	C	-0.19%
FICO	B	-0.18%
HES	B	-0.17%
PTC	A	-0.15%
MRO	B	-0.14%
AZO	C	-0.14%
DKNG	B	-0.13%
TEAM	A	-0.13%
KNX	B	-0.13%
IT	C	-0.13%
DDOG	A	-0.12%
DT	C	-0.1%
PSTG	D	-0.1%
ENTG	D	-0.1%
VEEV	C	-0.1%
TDG	D	-0.1%
H	B	-0.1%
FCX	D	-0.09%
MPWR	F	-0.09%
HLT	A	-0.09%
DOW	F	-0.09%
FANG	D	-0.09%
JBL	B	-0.09%
DXCM	D	-0.08%
WBD	C	-0.07%
LNG	B	-0.07%
SMCI	F	-0.06%
ZS	C	-0.06%
MKL	A	-0.06%
ALNY	D	-0.05%
LW	C	-0.05%
ENPH	F	-0.05%
OVV	B	-0.04%
FWONK	B	-0.03%
PINS	D	-0.03%
MGM	D	-0.03%
ALLY	C	-0.03%
CTLT	B	-0.03%
LYV	A	-0.03%
IOT	A	-0.03%
SNAP	C	-0.02%
MRNA	F	-0.02%
CELH	F	-0.01%