OPTZ vs. ONEV ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to SPDR Russell 1000 Low Volatility Focus ETF (ONEV)

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

ONEV

SPDR Russell 1000 Low Volatility Focus ETF

ONEV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Low Volatility Focused Factor Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising low volatility characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$133.75

Average Daily Volume

4,833

Number of Holdings ^*

415

* may have additional holdings in another (foreign) market

Performance

Period	OPTZ	ONEV
30 Days	8.47%	4.10%
60 Days	9.68%	4.09%
90 Days	11.36%	5.47%
12 Months		26.02%

85 Overlapping Holdings

Symbol	Grade	Weight in OPTZ	Weight in ONEV	Overlap
ACGL	D	0.19%	0.93%	0.19%
AES	F	0.04%	0.04%	0.04%
AGO	B	0.23%	0.09%	0.09%
AIZ	A	0.23%	0.18%	0.18%
AOS	F	0.12%	0.25%	0.12%
ASH	D	0.13%	0.07%	0.07%
ATO	A	0.06%	0.64%	0.06%
BAH	F	1.02%	0.22%	0.22%
BAX	D	0.11%	0.15%	0.11%
BG	F	0.25%	0.17%	0.17%
BR	A	0.22%	0.45%	0.22%
BRO	B	0.21%	0.33%	0.21%
CAH	B	0.14%	1.07%	0.14%
CBOE	B	0.19%	0.65%	0.19%
CBRE	B	0.1%	0.3%	0.1%
CE	F	0.09%	0.13%	0.09%
CHD	B	0.3%	0.21%	0.21%
CINF	A	0.23%	0.69%	0.23%
CL	D	0.25%	0.25%	0.25%
COR	B	0.14%	0.67%	0.14%
CPAY	A	0.23%	0.24%	0.23%
CPT	B	0.09%	0.22%	0.09%
CRUS	D	0.8%	0.16%	0.16%
CVS	D	0.26%	0.29%	0.26%
DGX	A	0.14%	0.39%	0.14%
DPZ	C	0.34%	0.18%	0.18%
DTE	C	0.05%	0.19%	0.05%
DTM	B	0.07%	0.21%	0.07%
DVA	B	0.14%	0.2%	0.14%
EA	A	0.66%	0.79%	0.66%
EGP	F	0.08%	0.12%	0.08%
EIX	B	0.05%	0.24%	0.05%
ELS	C	0.09%	0.22%	0.09%
EME	C	0.18%	0.32%	0.18%
EMN	D	0.16%	0.21%	0.16%
ETR	B	0.06%	0.52%	0.06%
EXP	A	0.18%	0.17%	0.17%
FDX	B	0.13%	0.27%	0.13%
FFIV	B	1.25%	0.51%	0.51%
FIVE	F	0.34%	0.04%	0.04%
FIX	A	0.18%	0.12%	0.12%
GDDY	A	1.27%	0.32%	0.32%
GL	B	0.21%	0.26%	0.21%
GPC	D	0.29%	0.54%	0.29%
GRMN	B	0.37%	0.51%	0.37%
HIG	B	0.2%	0.26%	0.2%
HII	D	0.09%	0.24%	0.09%
HUBB	B	0.15%	0.12%	0.12%
INCY	C	0.16%	0.41%	0.16%
JAZZ	B	0.15%	0.28%	0.15%
LAMR	D	0.09%	0.17%	0.09%
LEA	D	0.28%	0.14%	0.14%
LECO	B	0.14%	0.28%	0.14%
MKTX	D	0.2%	0.18%	0.18%
MOH	F	0.12%	0.32%	0.12%
MSCI	C	0.21%	0.32%	0.21%
NBIX	C	0.13%	0.11%	0.11%
NRG	B	0.06%	0.13%	0.06%
OGN	D	0.09%	0.07%	0.07%
ORLY	B	0.34%	0.73%	0.34%
OSK	B	0.13%	0.17%	0.13%
PCAR	B	0.15%	0.48%	0.15%
PNR	A	0.15%	0.14%	0.14%
RL	B	0.39%	0.24%	0.24%
RNR	C	0.2%	0.48%	0.2%
RPRX	D	0.12%	0.36%	0.12%
RSG	A	0.12%	0.18%	0.12%
SBAC	D	0.08%	0.24%	0.08%
STE	F	0.12%	0.19%	0.12%
TAP	C	0.32%	0.25%	0.25%
TGT	F	0.28%	0.47%	0.28%
TROW	B	0.24%	0.61%	0.24%
TRV	B	0.22%	0.36%	0.22%
UHS	D	0.11%	0.18%	0.11%
UTHR	C	0.14%	0.61%	0.14%
VMC	B	0.18%	0.14%	0.14%
VRSK	A	0.13%	0.26%	0.13%
VRSN	F	1.03%	0.58%	0.58%
WBA	F	0.27%	0.05%	0.05%
WHR	B	0.37%	0.15%	0.15%
WST	C	0.14%	0.29%	0.14%
WTW	B	0.22%	0.27%	0.22%
WWD	B	0.13%	0.04%	0.04%
WY	D	0.09%	0.2%	0.09%
ZBH	C	0.14%	0.23%	0.14%

OPTZ Overweight 236 Positions Relative to ONEV

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%
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%
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%
ZM	B	0.71%
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%
ANF	C	0.36%
SBH	C	0.36%
WYNN	D	0.36%
BZH	B	0.35%
LOW	D	0.35%
PCT	C	0.34%
PVH	C	0.34%
ALV	C	0.33%
BURL	A	0.33%
MCD	D	0.32%
CHDN	B	0.32%
APO	B	0.31%
YETI	C	0.31%
ENR	B	0.31%
ETSY	D	0.3%
ULTA	F	0.3%
ROST	C	0.29%
DKS	C	0.29%
COST	B	0.29%
LC	A	0.28%
LNW	D	0.28%
DOLE	D	0.27%
SQ	B	0.27%
MELI	D	0.27%
STZ	D	0.27%
ODP	F	0.27%
AX	A	0.26%
DAN	D	0.26%
PEP	F	0.26%
APTV	D	0.25%
GS	A	0.25%
KKR	A	0.25%
FI	A	0.25%
AMP	A	0.25%
CAL	D	0.25%
ARES	A	0.24%
AXP	A	0.24%
CROX	D	0.24%
BLK	C	0.24%
BHF	B	0.24%
PRU	A	0.23%
EWTX	C	0.23%
PRG	C	0.22%
SIGI	C	0.22%
GPN	B	0.22%
COOP	B	0.22%
LBPH	A	0.22%
V	A	0.22%
NATL	B	0.21%
PGR	A	0.21%
AXON	A	0.21%
VRT	B	0.21%
AER	B	0.21%
BFH	B	0.21%
ALL	A	0.21%
LDI	C	0.2%
ICE	C	0.2%
STRL	B	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%
DAL	C	0.19%
PMT	D	0.19%
CB	C	0.19%
APD	A	0.18%
GTLS	B	0.18%
PAYC	B	0.18%
XPO	B	0.18%
LPX	B	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%
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%
ESTC	C	0.15%
GFF	A	0.15%
ISRG	A	0.15%
TT	A	0.15%
ETN	A	0.15%
PEGA	A	0.15%
WAB	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%
PHIN	A	0.14%
THC	D	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%
WDAY	B	0.13%
BV	B	0.13%
ALGN	D	0.13%
VRTX	F	0.13%
SAVA	D	0.13%
PBI	B	0.13%
MANH	D	0.13%
AHCO	F	0.12%
SHC	F	0.12%
KRYS	B	0.12%
XYL	D	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%
DLR	B	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%
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%
LNTH	D	0.1%
EXPI	C	0.1%
OMI	F	0.1%
PEB	D	0.09%
NEXT	B	0.09%
PK	B	0.09%
SBRA	C	0.09%
NMRK	B	0.09%
REXR	F	0.08%
NVRI	F	0.08%
RDFN	D	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%
AMT	D	0.07%
TRGP	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%
APA	D	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 330 Positions Relative to ONEV

Symbol	Grade	Weight
CTSH	B	-1.46%
BMY	B	-1.44%
GILD	C	-0.88%
HUM	C	-0.75%
BBY	D	-0.72%
CMI	A	-0.71%
AZO	C	-0.7%
MCK	B	-0.7%
EBAY	D	-0.64%
RS	B	-0.64%
PSA	D	-0.64%
FAST	B	-0.63%
CNC	D	-0.63%
HPE	B	-0.59%
MO	A	-0.59%
KR	B	-0.57%
EG	C	-0.57%
KVUE	A	-0.57%
AON	A	-0.56%
LH	C	-0.55%
SNA	A	-0.55%
ADM	D	-0.55%
NTAP	C	-0.54%
CASY	A	-0.54%
CHTR	C	-0.54%
LDOS	C	-0.54%
XEL	A	-0.53%
OMC	C	-0.5%
FDS	B	-0.49%
GEHC	F	-0.49%
SWKS	F	-0.49%
TSCO	D	-0.49%
MKL	A	-0.47%
IP	B	-0.47%
JBL	B	-0.45%
GWW	B	-0.42%
A	D	-0.42%
KMB	D	-0.42%
NVR	D	-0.42%
JNPR	F	-0.41%
AEE	A	-0.39%
K	A	-0.39%
WRB	A	-0.38%
EXPD	D	-0.38%
PEG	A	-0.38%
SRE	A	-0.37%
LUV	C	-0.37%
POOL	C	-0.37%
ALSN	B	-0.37%
INGR	B	-0.36%
DOX	D	-0.36%
FOXA	B	-0.36%
KEYS	A	-0.35%
AMCR	D	-0.35%
EXC	C	-0.35%
GIS	D	-0.35%
WEC	A	-0.35%
SOLV	C	-0.34%
NUE	C	-0.34%
J	F	-0.34%
ITW	B	-0.34%
DG	F	-0.33%
MAS	D	-0.33%
YUM	B	-0.33%
PAYX	C	-0.33%
BJ	A	-0.33%
PKG	A	-0.32%
EVRG	A	-0.32%
DHI	D	-0.32%
CACI	D	-0.32%
ED	D	-0.31%
CTRA	B	-0.31%
MAA	B	-0.31%
D	C	-0.31%
SCI	B	-0.3%
HRB	D	-0.3%
SEIC	B	-0.3%
CUBE	D	-0.3%
CLX	B	-0.3%
HLI	B	-0.3%
CHE	D	-0.3%
GGG	B	-0.29%
ANSS	B	-0.29%
CMS	C	-0.29%
BWA	D	-0.29%
AKAM	D	-0.29%
VTRS	A	-0.29%
NI	A	-0.28%
PHM	D	-0.28%
AEP	D	-0.28%
OTIS	C	-0.28%
RHI	B	-0.28%
CSX	B	-0.27%
VICI	C	-0.27%
GEN	B	-0.27%
MUSA	A	-0.27%
HSY	F	-0.27%
NOC	D	-0.27%
GNTX	C	-0.26%
DCI	B	-0.26%
JBHT	C	-0.26%
G	B	-0.26%
OGE	B	-0.26%
RLI	B	-0.26%
EHC	B	-0.26%
AVB	B	-0.26%
CNP	B	-0.25%
PPL	B	-0.25%
DBX	B	-0.25%
ROK	B	-0.25%
IPG	D	-0.25%
EQR	B	-0.24%
WSO	A	-0.24%
LSTR	D	-0.24%
PNW	B	-0.24%
RPM	A	-0.24%
VST	B	-0.24%
SYY	B	-0.23%
STLD	B	-0.23%
ALLE	D	-0.23%
ATR	B	-0.23%
IEX	B	-0.23%
SJM	D	-0.23%
SAIC	F	-0.23%
PRI	A	-0.22%
L	A	-0.22%
AMG	B	-0.22%
OC	A	-0.21%
ROL	B	-0.21%
HOLX	D	-0.21%
PPG	F	-0.21%
SKX	D	-0.21%
JKHY	D	-0.21%
CPB	D	-0.2%
NFG	A	-0.2%
AME	A	-0.2%
LNT	A	-0.2%
CAG	D	-0.2%
WPC	D	-0.2%
TXT	D	-0.19%
FE	C	-0.19%
EXEL	B	-0.19%
FOX	A	-0.19%
MAT	D	-0.19%
ACI	C	-0.19%
NYT	C	-0.19%
CSL	C	-0.19%
CF	B	-0.19%
ACM	A	-0.19%
DLTR	F	-0.19%
ORI	A	-0.18%
CNM	D	-0.18%
SIRI	C	-0.18%
MNST	C	-0.18%
NDAQ	A	-0.18%
FTV	C	-0.18%
MTG	C	-0.18%
ODFL	B	-0.18%
VVV	F	-0.18%
DOV	A	-0.18%
UDR	B	-0.18%
MKC	D	-0.18%
LII	A	-0.17%
AYI	B	-0.17%
VFC	C	-0.17%
BWXT	B	-0.17%
KNSL	B	-0.17%
KNX	B	-0.17%
LPLA	A	-0.17%
ITT	A	-0.17%
AVY	D	-0.17%
SSNC	B	-0.17%
MTN	C	-0.17%
FR	C	-0.17%
LOPE	B	-0.17%
AWK	D	-0.16%
SSD	D	-0.16%
FCNCA	A	-0.16%
MTD	D	-0.16%
RGLD	C	-0.16%
TW	A	-0.16%
JHG	A	-0.16%
KHC	F	-0.16%
GPK	C	-0.16%
HST	C	-0.16%
PSN	D	-0.15%
CCK	C	-0.15%
SYF	B	-0.15%
QGEN	D	-0.15%
FCN	D	-0.15%
CTVA	C	-0.15%
TSN	B	-0.15%
DLB	B	-0.15%
CIEN	B	-0.14%
SON	D	-0.14%
IDA	A	-0.14%
AGCO	D	-0.14%
EVR	B	-0.14%
MSM	C	-0.14%
CW	B	-0.14%
POST	C	-0.13%
BERY	B	-0.13%
WU	D	-0.13%
ES	D	-0.13%
BALL	D	-0.13%
TTC	D	-0.13%
VMI	B	-0.13%
WTRG	B	-0.13%
NEU	C	-0.13%
ESS	B	-0.13%
LKQ	D	-0.13%
AAON	B	-0.12%
SNX	C	-0.12%
HRL	D	-0.12%
AMH	D	-0.12%
FLO	D	-0.12%
TXRH	C	-0.12%
COKE	C	-0.12%
NWSA	B	-0.12%
PII	D	-0.12%
CR	A	-0.12%
FYBR	D	-0.11%
MSGS	A	-0.11%
TFX	F	-0.11%
AWI	A	-0.11%
NNN	D	-0.11%
CHRW	C	-0.11%
LBRDK	C	-0.11%
IBKR	A	-0.11%
TECH	D	-0.1%
MAN	D	-0.1%
AXS	A	-0.1%
PINC	B	-0.1%
RYN	D	-0.1%
SLGN	A	-0.1%
COLM	B	-0.1%
VNT	B	-0.1%
TDY	B	-0.09%
GXO	B	-0.09%
QRVO	F	-0.09%
PRGO	B	-0.09%
UGI	A	-0.09%
ALK	C	-0.08%
NWL	B	-0.08%
UHAL	D	-0.08%
BRKR	D	-0.08%
STAG	F	-0.08%
NDSN	B	-0.08%
AFG	A	-0.08%
ARW	D	-0.08%
AXTA	A	-0.08%
FBIN	D	-0.08%
R	B	-0.08%
BRBR	A	-0.08%
IPGP	D	-0.07%
TTEK	F	-0.07%
HSIC	B	-0.07%
MDU	D	-0.07%
KEX	C	-0.07%
NXST	C	-0.07%
CRI	D	-0.07%
CBSH	A	-0.07%
CRL	C	-0.07%
CHH	A	-0.07%
VOYA	B	-0.07%
DNB	B	-0.06%
CXT	B	-0.06%
ESI	A	-0.06%
ESAB	B	-0.06%
XRAY	F	-0.06%
AAP	C	-0.06%
BC	C	-0.06%
PB	A	-0.06%
CNH	C	-0.06%
MORN	B	-0.06%
NSA	D	-0.06%
LFUS	F	-0.06%
SN	D	-0.06%
SITE	D	-0.06%
FLS	B	-0.06%
BEN	C	-0.06%
GO	C	-0.06%
ADC	B	-0.06%
VSTS	C	-0.06%
WH	B	-0.05%
TKR	D	-0.05%
FTRE	D	-0.05%
OZK	B	-0.05%
MSA	D	-0.05%
DINO	D	-0.05%
SNDR	B	-0.05%
REYN	D	-0.05%
KRC	C	-0.05%
CWEN	C	-0.04%
CGNX	C	-0.04%
SAM	C	-0.04%
AGR	B	-0.04%
WSC	D	-0.04%
AMED	F	-0.04%
IRDM	D	-0.04%
BFAM	D	-0.04%
NWS	B	-0.04%
THG	A	-0.04%
FAF	A	-0.04%
MIDD	C	-0.04%
FMC	D	-0.04%
LEG	F	-0.04%
HIW	D	-0.04%
EEFT	B	-0.04%
HUN	F	-0.04%
PAG	B	-0.03%
WLK	D	-0.03%
VIRT	B	-0.03%
HOG	D	-0.03%
GTES	A	-0.03%
OLLI	D	-0.03%
NVST	B	-0.03%
CWEN	C	-0.02%
LBRDA	C	-0.02%
ST	F	-0.02%
CNA	B	-0.02%
SEE	C	-0.02%
FHB	A	-0.02%
PPC	C	-0.02%
CACC	D	-0.02%
TNL	A	-0.02%
SEB	F	-0.02%
UAA	C	-0.01%
UHAL	D	-0.01%
UA	C	-0.01%