OPTZ vs. IMCB ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to iShares Morningstar Mid-Cap ETF (IMCB)

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

IMCB

iShares Morningstar Mid-Cap ETF

IMCB Description

IMCB is a passively-managed portfolio that offers exposure to a blend of growth and value stocks in the US mid-cap space. Stocks are selected based on Morningstars index methodology that uses fundamental factors. This methodology identifies growth securities as those with relatively above-average historical and forecasted earnings, sales, equity, and cash flow growth, while value securities as those with relatively low valuations based on price-to-book ratios, price-to-earnings ratios and other factors. The underlying index is reconstituted twice annually and rebalanced quarterly. Prior to March 19, 2021, the fund tracked the Morningstar US Mid Core Index under the ticker JKG.

Grade (RS Rating)

Last Trade

$81.50

Average Daily Volume

28,342

Number of Holdings ^*

447

* may have additional holdings in another (foreign) market

Performance

Period	OPTZ	IMCB
30 Days	8.47%	6.60%
60 Days	9.68%	7.43%
90 Days	11.36%	9.78%
12 Months		32.75%

110 Overlapping Holdings

Symbol	Grade	Weight in OPTZ	Weight in IMCB	Overlap
ACGL	D	0.19%	0.33%	0.19%
AES	F	0.04%	0.09%	0.04%
ALGN	D	0.13%	0.15%	0.13%
ALL	A	0.21%	0.45%	0.21%
AMP	A	0.25%	0.49%	0.25%
AOS	F	0.12%	0.08%	0.08%
APA	D	0.05%	0.07%	0.05%
APP	B	2.03%	0.52%	0.52%
APTV	D	0.25%	0.11%	0.11%
ARES	A	0.24%	0.28%	0.24%
ATO	A	0.06%	0.19%	0.06%
AXON	A	0.21%	0.38%	0.21%
BAH	F	1.02%	0.17%	0.17%
BAX	D	0.11%	0.14%	0.11%
BG	F	0.25%	0.11%	0.11%
BKR	B	0.07%	0.38%	0.07%
BR	A	0.22%	0.23%	0.22%
BRO	B	0.21%	0.24%	0.21%
BURL	A	0.33%	0.15%	0.15%
CAH	B	0.14%	0.26%	0.14%
CBRE	B	0.1%	0.35%	0.1%
CE	F	0.09%	0.07%	0.07%
CHD	B	0.3%	0.23%	0.23%
CHDN	B	0.32%	0.09%	0.09%
CINF	A	0.23%	0.2%	0.2%
COIN	C	0.42%	0.48%	0.42%
COR	B	0.14%	0.37%	0.14%
CPAY	A	0.23%	0.23%	0.23%
CPT	B	0.09%	0.11%	0.09%
DAL	C	0.19%	0.37%	0.19%
DECK	A	0.39%	0.24%	0.24%
DELL	C	1.29%	0.31%	0.31%
DGX	A	0.14%	0.15%	0.14%
DKS	C	0.29%	0.1%	0.1%
DLR	B	0.11%	0.51%	0.11%
DOCU	A	0.16%	0.14%	0.14%
DPZ	C	0.34%	0.13%	0.13%
DTE	C	0.05%	0.22%	0.05%
DVA	B	0.14%	0.07%	0.07%
EA	A	0.66%	0.35%	0.35%
EFX	F	0.11%	0.28%	0.11%
EIX	B	0.05%	0.28%	0.05%
ELS	C	0.09%	0.11%	0.09%
EME	C	0.18%	0.21%	0.18%
EMN	D	0.16%	0.11%	0.11%
ETR	B	0.06%	0.27%	0.06%
FFIV	B	1.25%	0.13%	0.13%
FIX	A	0.18%	0.14%	0.14%
FSLR	F	0.96%	0.17%	0.17%
GDDY	A	1.27%	0.22%	0.22%
GPC	D	0.29%	0.15%	0.15%
GPN	B	0.22%	0.26%	0.22%
GRMN	B	0.37%	0.29%	0.29%
HIG	B	0.2%	0.3%	0.2%
HII	D	0.09%	0.07%	0.07%
HUBB	B	0.15%	0.21%	0.15%
IDXX	F	0.11%	0.31%	0.11%
INCY	C	0.16%	0.11%	0.11%
IQV	D	0.11%	0.33%	0.11%
LECO	B	0.14%	0.11%	0.11%
LULU	C	0.39%	0.32%	0.32%
LVS	C	0.38%	0.17%	0.17%
MANH	D	0.13%	0.15%	0.13%
MLM	B	0.17%	0.32%	0.17%
MOH	F	0.12%	0.16%	0.12%
MSCI	C	0.21%	0.42%	0.21%
NBIX	C	0.13%	0.11%	0.11%
NRG	B	0.06%	0.17%	0.06%
PAYC	B	0.18%	0.1%	0.1%
PCAR	B	0.15%	0.52%	0.15%
PNR	A	0.15%	0.15%	0.15%
PODD	C	0.15%	0.16%	0.15%
PRU	A	0.23%	0.4%	0.23%
PWR	A	0.16%	0.42%	0.16%
RCL	A	0.47%	0.48%	0.47%
RNR	C	0.2%	0.12%	0.12%
ROST	C	0.29%	0.41%	0.29%
RPRX	D	0.12%	0.09%	0.09%
SAIA	B	0.15%	0.13%	0.13%
SBAC	D	0.08%	0.21%	0.08%
SPG	B	0.1%	0.48%	0.1%
SQ	B	0.27%	0.41%	0.27%
SRPT	D	0.11%	0.09%	0.09%
STE	F	0.12%	0.19%	0.12%
STZ	D	0.27%	0.35%	0.27%
TAP	C	0.32%	0.1%	0.1%
THC	D	0.14%	0.14%	0.14%
TRGP	B	0.07%	0.37%	0.07%
TROW	B	0.24%	0.23%	0.23%
TRV	B	0.22%	0.52%	0.22%
UHS	D	0.11%	0.11%	0.11%
ULTA	F	0.3%	0.16%	0.16%
URI	B	0.15%	0.5%	0.15%
UTHR	C	0.14%	0.13%	0.13%
VMC	B	0.18%	0.33%	0.18%
VRSK	A	0.13%	0.36%	0.13%
VRSN	F	1.03%	0.14%	0.14%
VRT	B	0.21%	0.39%	0.21%
WAB	B	0.15%	0.3%	0.15%
WBA	F	0.27%	0.06%	0.06%
WDAY	B	0.13%	0.51%	0.13%
WMB	A	0.07%	0.59%	0.07%
WST	C	0.14%	0.22%	0.14%
WTW	B	0.22%	0.29%	0.22%
WY	D	0.09%	0.2%	0.09%
WYNN	D	0.36%	0.08%	0.08%
XPO	B	0.18%	0.15%	0.15%
XYL	D	0.12%	0.26%	0.12%
ZBH	C	0.14%	0.2%	0.14%
ZM	B	0.71%	0.17%	0.17%

OPTZ Overweight 211 Positions Relative to IMCB

Symbol	Grade	Weight
NVDA	C	1.44%
CRWD	B	1.37%
CRM	B	1.37%
TTMI	B	1.36%
INTC	D	1.31%
NOW	A	1.27%
ANET	C	1.24%
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%
AAPL	C	1.06%
VZIO	A	1.04%
AMD	F	1.03%
IBM	C	1.02%
AMAT	F	1.0%
ROP	B	1.0%
DJT	C	0.93%
LUMN	C	0.83%
CRUS	D	0.8%
IDCC	A	0.78%
ACLS	F	0.78%
DIS	B	0.77%
NFLX	A	0.73%
TMUS	B	0.72%
RNG	B	0.72%
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%
HBI	B	0.42%
WOOF	D	0.42%
UNFI	A	0.41%
RL	B	0.39%
SIG	B	0.39%
MAR	B	0.39%
AMZN	C	0.38%
WHR	B	0.37%
ANF	C	0.36%
SBH	C	0.36%
BZH	B	0.35%
LOW	D	0.35%
PCT	C	0.34%
FIVE	F	0.34%
PVH	C	0.34%
ORLY	B	0.34%
ALV	C	0.33%
MCD	D	0.32%
APO	B	0.31%
YETI	C	0.31%
ENR	B	0.31%
ETSY	D	0.3%
COST	B	0.29%
LC	A	0.28%
LEA	D	0.28%
TGT	F	0.28%
LNW	D	0.28%
DOLE	D	0.27%
MELI	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%
GS	A	0.25%
KKR	A	0.25%
FI	A	0.25%
CAL	D	0.25%
AXP	A	0.24%
CROX	D	0.24%
BLK	C	0.24%
BHF	B	0.24%
AGO	B	0.23%
EWTX	C	0.23%
AIZ	A	0.23%
PRG	C	0.22%
SIGI	C	0.22%
COOP	B	0.22%
LBPH	A	0.22%
V	A	0.22%
NATL	B	0.21%
GL	B	0.21%
PGR	A	0.21%
AER	B	0.21%
BFH	B	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%
CRS	A	0.2%
MCO	B	0.2%
GATO	D	0.2%
ZIM	C	0.2%
NAVI	C	0.19%
PMT	D	0.19%
CBOE	B	0.19%
CB	C	0.19%
APD	A	0.18%
GTLS	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%
HASI	D	0.17%
PEN	B	0.16%
SHW	A	0.16%
PCTY	B	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%
ESTC	C	0.15%
GFF	A	0.15%
ISRG	A	0.15%
TT	A	0.15%
ETN	A	0.15%
PEGA	A	0.15%
JAZZ	B	0.15%
PH	A	0.15%
TPC	C	0.15%
CLOV	D	0.15%
PHIN	A	0.14%
STGW	B	0.14%
MRC	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%
FDX	B	0.13%
VRTX	F	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%
KRYS	B	0.12%
RSG	A	0.12%
ETNB	C	0.12%
DAWN	F	0.12%
COGT	D	0.11%
SNDX	F	0.11%
KURA	F	0.11%
VNO	B	0.11%
BA	F	0.11%
ADBE	C	0.11%
TMO	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%
PEB	D	0.09%
NEXT	B	0.09%
PK	B	0.09%
LAMR	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%
BKD	D	0.07%
AMT	D	0.07%
DTM	B	0.07%
WKC	D	0.06%
SLB	C	0.06%
OII	B	0.06%
WHD	B	0.06%
FTI	A	0.06%
SANA	F	0.06%
VAL	D	0.05%
DUK	C	0.05%
SO	D	0.05%
WFRD	D	0.05%
DK	C	0.05%
SWX	B	0.05%
NFE	D	0.04%
HE	C	0.04%

OPTZ Underweight 337 Positions Relative to IMCB

Symbol	Grade	Weight
PLTR	B	-1.04%
GEV	B	-0.79%
COF	B	-0.61%
ADSK	A	-0.58%
GM	B	-0.57%
OKE	A	-0.55%
CARR	D	-0.55%
HLT	A	-0.54%
FTNT	C	-0.54%
TFC	A	-0.54%
NSC	B	-0.53%
JCI	C	-0.5%
SRE	A	-0.5%
FICO	B	-0.5%
BK	A	-0.5%
MSTR	C	-0.5%
AFL	B	-0.49%
TTD	B	-0.49%
DASH	A	-0.47%
AZO	C	-0.47%
GWW	B	-0.46%
PSA	D	-0.46%
KMI	A	-0.46%
CMI	A	-0.44%
FIS	C	-0.44%
AEP	D	-0.44%
CPRT	A	-0.44%
DHI	D	-0.43%
O	D	-0.43%
AIG	B	-0.43%
PAYX	C	-0.42%
LNG	B	-0.42%
HWM	A	-0.41%
NEM	D	-0.41%
TEL	B	-0.41%
LHX	C	-0.41%
FAST	B	-0.41%
D	C	-0.41%
VST	B	-0.4%
KMB	D	-0.39%
CCI	D	-0.39%
AME	A	-0.39%
VLO	C	-0.39%
PCG	A	-0.39%
PEG	A	-0.38%
DFS	B	-0.38%
F	C	-0.38%
IR	B	-0.37%
ODFL	B	-0.37%
OTIS	C	-0.36%
HES	B	-0.36%
CTSH	B	-0.36%
KVUE	A	-0.36%
IT	C	-0.36%
FERG	B	-0.36%
TEAM	A	-0.35%
EW	C	-0.35%
KR	B	-0.35%
CTVA	C	-0.35%
LEN	D	-0.35%
XEL	A	-0.34%
A	D	-0.34%
YUM	B	-0.34%
DDOG	A	-0.34%
CHTR	C	-0.34%
SYY	B	-0.33%
EXC	C	-0.33%
GIS	D	-0.32%
HPQ	B	-0.32%
KDP	D	-0.32%
GLW	B	-0.32%
DD	D	-0.31%
MCHP	D	-0.31%
NUE	C	-0.31%
MTB	A	-0.31%
HUBS	A	-0.31%
VEEV	C	-0.3%
HUM	C	-0.3%
RMD	C	-0.3%
EXR	D	-0.3%
VICI	C	-0.29%
GEHC	F	-0.29%
ROK	B	-0.29%
ED	D	-0.29%
IRM	D	-0.29%
DOW	F	-0.28%
FANG	D	-0.28%
EBAY	D	-0.28%
FITB	A	-0.28%
ALNY	D	-0.28%
AVB	B	-0.28%
NDAQ	A	-0.27%
RJF	A	-0.27%
WEC	A	-0.27%
CPNG	D	-0.27%
CSGP	D	-0.27%
CNC	D	-0.27%
PPG	F	-0.26%
ANSS	B	-0.26%
TTWO	A	-0.26%
DXCM	D	-0.26%
UAL	A	-0.26%
TSCO	D	-0.26%
KHC	F	-0.25%
STT	A	-0.25%
ON	D	-0.25%
KEYS	A	-0.24%
MPWR	F	-0.24%
FCNCA	A	-0.24%
PHM	D	-0.24%
RBLX	C	-0.24%
NET	B	-0.24%
NVR	D	-0.24%
HPE	B	-0.24%
DOV	A	-0.24%
VTR	C	-0.23%
AWK	D	-0.23%
TYL	B	-0.23%
SYF	B	-0.23%
TPL	A	-0.23%
HSY	F	-0.23%
MTD	D	-0.23%
FTV	C	-0.23%
HAL	C	-0.23%
PPL	B	-0.22%
DVN	F	-0.22%
ADM	D	-0.22%
EQR	B	-0.22%
SW	A	-0.22%
HBAN	A	-0.22%
LPLA	A	-0.21%
BIIB	F	-0.21%
AEE	A	-0.21%
RF	A	-0.21%
EQT	B	-0.21%
CDW	F	-0.21%
CCL	B	-0.21%
NTAP	C	-0.21%
VLTO	D	-0.21%
WAT	B	-0.2%
TDY	B	-0.2%
ILMN	D	-0.2%
LDOS	C	-0.2%
PTC	A	-0.2%
IFF	D	-0.2%
EXPE	B	-0.2%
PKG	A	-0.19%
CFG	B	-0.19%
K	A	-0.19%
LYB	F	-0.19%
ES	D	-0.19%
NTRS	A	-0.19%
MKL	A	-0.19%
BLDR	D	-0.19%
WBD	C	-0.19%
CMS	C	-0.18%
ZBRA	B	-0.18%
PFG	D	-0.18%
LH	C	-0.18%
STLD	B	-0.18%
DRI	B	-0.18%
WDC	D	-0.18%
CLX	B	-0.18%
OMC	C	-0.18%
MDB	C	-0.18%
FE	C	-0.18%
CSL	C	-0.18%
SNA	A	-0.17%
MKC	D	-0.17%
FDS	B	-0.17%
IBKR	A	-0.17%
CTRA	B	-0.17%
EXE	B	-0.17%
ZS	C	-0.17%
LYV	A	-0.17%
INVH	D	-0.17%
CNP	B	-0.17%
LUV	C	-0.17%
TRU	D	-0.17%
ESS	B	-0.17%
IP	B	-0.17%
BALL	D	-0.17%
DKNG	B	-0.17%
STX	D	-0.17%
LII	A	-0.17%
COO	D	-0.17%
J	F	-0.16%
FWONK	B	-0.16%
BBY	D	-0.16%
KEY	B	-0.16%
TSN	B	-0.16%
HOLX	D	-0.16%
WSO	A	-0.16%
MAA	B	-0.16%
WRB	A	-0.16%
NTRA	B	-0.16%
HOOD	B	-0.15%
HEI	B	-0.15%
KIM	A	-0.15%
TER	D	-0.15%
OC	A	-0.15%
DG	F	-0.15%
ARE	D	-0.15%
EXPD	D	-0.15%
TRMB	B	-0.15%
GEN	B	-0.15%
RS	B	-0.15%
NTNX	A	-0.15%
IEX	B	-0.15%
MAS	D	-0.15%
PINS	D	-0.15%
RPM	A	-0.15%
JBHT	C	-0.14%
FLEX	A	-0.14%
SUI	D	-0.14%
L	A	-0.14%
CF	B	-0.14%
FNF	B	-0.14%
TOL	B	-0.14%
WSM	B	-0.14%
EG	C	-0.14%
AVY	D	-0.14%
SSNC	B	-0.14%
NI	A	-0.14%
MRO	B	-0.14%
TXT	D	-0.14%
TWLO	A	-0.14%
JBL	B	-0.13%
AVTR	F	-0.13%
RVTY	F	-0.13%
EVRG	A	-0.13%
AMCR	D	-0.13%
ACM	A	-0.13%
ROL	B	-0.13%
DT	C	-0.13%
TW	A	-0.13%
EL	F	-0.13%
DOC	D	-0.13%
GGG	B	-0.13%
USFD	A	-0.13%
CASY	A	-0.13%
RGA	A	-0.13%
LNT	A	-0.13%
VTRS	A	-0.13%
ENTG	D	-0.13%
PSTG	D	-0.13%
SWK	D	-0.12%
CAG	D	-0.12%
NDSN	B	-0.12%
PFGC	B	-0.12%
MRNA	F	-0.12%
UDR	B	-0.12%
SWKS	F	-0.12%
AKAM	D	-0.12%
DLTR	F	-0.12%
POOL	C	-0.12%
EPAM	C	-0.12%
EQH	B	-0.12%
OVV	B	-0.11%
DAY	B	-0.11%
UNM	A	-0.11%
ALB	C	-0.11%
AMH	D	-0.11%
HST	C	-0.11%
SCI	B	-0.11%
NVT	B	-0.11%
BMRN	D	-0.11%
REG	B	-0.11%
BXP	D	-0.11%
KMX	B	-0.11%
JNPR	F	-0.11%
OKTA	C	-0.11%
ALLE	D	-0.11%
JKHY	D	-0.11%
GLPI	C	-0.11%
CLH	B	-0.11%
TTEK	F	-0.1%
CCK	C	-0.1%
FND	C	-0.1%
IPG	D	-0.1%
NWSA	B	-0.1%
FOXA	B	-0.1%
CG	A	-0.1%
BLD	D	-0.1%
RRX	B	-0.1%
TECH	D	-0.1%
SNAP	C	-0.1%
LW	C	-0.1%
SJM	D	-0.1%
HEI	B	-0.1%
WPC	D	-0.1%
CNH	C	-0.09%
WING	D	-0.09%
ALLY	C	-0.09%
CRL	C	-0.09%
ERIE	D	-0.09%
LKQ	D	-0.09%
AFG	A	-0.09%
BJ	A	-0.09%
MOS	F	-0.08%
ENPH	F	-0.08%
CPB	D	-0.08%
HRL	D	-0.08%
TFX	F	-0.08%
SMCI	F	-0.08%
AR	B	-0.08%
MGM	D	-0.08%
WMS	D	-0.08%
MORN	B	-0.08%
EXAS	D	-0.08%
SOLV	C	-0.08%
WTRG	B	-0.08%
ACI	C	-0.07%
CNM	D	-0.07%
MEDP	D	-0.07%
PCOR	B	-0.06%
UHAL	D	-0.06%
QRVO	F	-0.06%
BSY	D	-0.06%
SIRI	C	-0.06%
AZPN	A	-0.06%
DINO	D	-0.06%
BRKR	D	-0.05%
U	C	-0.05%
SNX	C	-0.05%
FOX	A	-0.05%
BEN	C	-0.05%
CELH	F	-0.04%
WLK	D	-0.04%
COTY	F	-0.03%
NWS	B	-0.03%
PAG	B	-0.03%
FWONA	B	-0.02%
ALAB	B	-0.02%
AGR	B	-0.02%
LEN	D	-0.01%
UHAL	D	-0.0%