OPTZ vs. PHEQ ETF Comparison
Comparison of Optimize Strategy Index ETF (OPTZ) to Parametric Hedged Equity ETF (PHEQ)
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
PHEQ
Parametric Hedged Equity ETF
PHEQ Description
The fund seeks to provide capital appreciation by investing its net assets in equity securities of certain U.S. large capitalization companies that are constituents of the Solactive GBS US 500 at the time of purchase.Grade (RS Rating)
Last Trade
$29.49
Average Daily Volume
19,326
Number of Holdings
*
203
* may have additional holdings in another (foreign) market
Performance
| Period | OPTZ | PHEQ |
|---|---|---|
| 30 Days | 8.47% | 1.99% |
| 60 Days | 9.68% | 3.02% |
| 90 Days | 11.36% | 3.86% |
| 12 Months | 16.61% |
59 Overlapping Holdings
| Symbol | Grade | Weight in OPTZ | Weight in PHEQ | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 1.06% | 6.85% | 1.06% | |
| ADBE | C | 0.11% | 0.48% | 0.11% | |
| ALGN | D | 0.13% | 0.06% | 0.06% | |
| AMD | F | 1.03% | 0.51% | 0.51% | |
| AMZN | C | 0.38% | 4.1% | 0.38% | |
| APO | B | 0.31% | 0.3% | 0.3% | |
| APTV | D | 0.25% | 0.14% | 0.14% | |
| ARES | A | 0.24% | 0.25% | 0.24% | |
| AXP | A | 0.24% | 0.57% | 0.24% | |
| BA | F | 0.11% | 0.32% | 0.11% | |
| BAH | F | 1.02% | 0.12% | 0.12% | |
| BRO | B | 0.21% | 0.31% | 0.21% | |
| CAT | B | 0.14% | 0.55% | 0.14% | |
| CE | F | 0.09% | 0.05% | 0.05% | |
| COIN | C | 0.42% | 0.12% | 0.12% | |
| COR | B | 0.14% | 0.3% | 0.14% | |
| COST | B | 0.29% | 1.07% | 0.29% | |
| CRM | B | 1.37% | 0.63% | 0.63% | |
| CRWD | B | 1.37% | 0.17% | 0.17% | |
| DAL | C | 0.19% | 0.39% | 0.19% | |
| DELL | C | 1.29% | 0.14% | 0.14% | |
| DIS | B | 0.77% | 0.57% | 0.57% | |
| DTE | C | 0.05% | 0.31% | 0.05% | |
| ETR | B | 0.06% | 0.4% | 0.06% | |
| HIG | B | 0.2% | 0.33% | 0.2% | |
| HUBB | B | 0.15% | 0.13% | 0.13% | |
| IBM | C | 1.02% | 0.56% | 0.56% | |
| ISRG | A | 0.15% | 0.58% | 0.15% | |
| KKR | A | 0.25% | 0.46% | 0.25% | |
| LIN | D | 0.14% | 0.67% | 0.14% | |
| LOW | D | 0.35% | 0.57% | 0.35% | |
| LULU | C | 0.39% | 0.21% | 0.21% | |
| MELI | D | 0.27% | 0.25% | 0.25% | |
| META | D | 0.65% | 2.66% | 0.65% | |
| MOH | F | 0.12% | 0.14% | 0.12% | |
| NFLX | A | 0.73% | 0.8% | 0.73% | |
| NOW | A | 1.27% | 0.61% | 0.61% | |
| NVDA | C | 1.44% | 7.12% | 1.44% | |
| PEP | F | 0.26% | 0.72% | 0.26% | |
| PRU | A | 0.23% | 0.37% | 0.23% | |
| ROST | C | 0.29% | 0.32% | 0.29% | |
| RPRX | D | 0.12% | 0.04% | 0.04% | |
| RSG | A | 0.12% | 0.34% | 0.12% | |
| SQ | B | 0.27% | 0.12% | 0.12% | |
| T | A | 0.64% | 0.68% | 0.64% | |
| TMO | F | 0.11% | 0.59% | 0.11% | |
| TMUS | B | 0.72% | 0.51% | 0.51% | |
| TRGP | B | 0.07% | 0.46% | 0.07% | |
| TRV | B | 0.22% | 0.39% | 0.22% | |
| TSLA | B | 0.49% | 1.91% | 0.49% | |
| ULTA | F | 0.3% | 0.23% | 0.23% | |
| UNH | C | 0.13% | 1.37% | 0.13% | |
| URI | B | 0.15% | 0.24% | 0.15% | |
| V | A | 0.22% | 1.28% | 0.22% | |
| VRT | B | 0.21% | 0.1% | 0.1% | |
| VRTX | F | 0.13% | 0.36% | 0.13% | |
| WDAY | B | 0.13% | 0.13% | 0.13% | |
| ZBH | C | 0.14% | 0.14% | 0.14% | |
| ZM | B | 0.71% | 0.18% | 0.18% |
OPTZ Overweight 262 Positions Relative to PHEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | 2.03% | |
| TTMI | B | 1.36% | |
| INTC | D | 1.31% | |
| GDDY | A | 1.27% | |
| FFIV | B | 1.25% | |
| 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% | |
| VZIO | A | 1.04% | |
| VRSN | F | 1.03% | |
| AMAT | F | 1.0% | |
| 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% | |
| RNG | B | 0.72% | |
| EA | A | 0.66% | |
| CMCSA | B | 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% | |
| RCL | A | 0.47% | |
| HBI | B | 0.42% | |
| WOOF | D | 0.42% | |
| UNFI | A | 0.41% | |
| RL | B | 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% | |
| PCT | C | 0.34% | |
| FIVE | F | 0.34% | |
| DPZ | C | 0.34% | |
| PVH | C | 0.34% | |
| ORLY | B | 0.34% | |
| ALV | C | 0.33% | |
| BURL | A | 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% | |
| 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% | |
| WBA | F | 0.27% | |
| STZ | D | 0.27% | |
| ODP | F | 0.27% | |
| AX | A | 0.26% | |
| DAN | D | 0.26% | |
| CVS | D | 0.26% | |
| CL | D | 0.25% | |
| GS | A | 0.25% | |
| FI | A | 0.25% | |
| AMP | 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% | |
| 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% | |
| NATL | B | 0.21% | |
| GL | B | 0.21% | |
| PGR | A | 0.21% | |
| AXON | A | 0.21% | |
| AER | B | 0.21% | |
| BFH | B | 0.21% | |
| MSCI | C | 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% | |
| CRS | A | 0.2% | |
| MCO | B | 0.2% | |
| GATO | D | 0.2% | |
| RNR | C | 0.2% | |
| ZIM | C | 0.2% | |
| NAVI | C | 0.19% | |
| ACGL | D | 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% | |
| PAYC | 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% | |
| INCY | C | 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% | |
| 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% | |
| 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% | |
| 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% | |
| DVA | B | 0.14% | |
| SYK | C | 0.14% | |
| BV | B | 0.13% | |
| VRSK | A | 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% | |
| XYL | D | 0.12% | |
| STE | F | 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% | |
| 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% | |
| 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% | |
| SBAC | 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% | |
| AMT | D | 0.07% | |
| DTM | B | 0.07% | |
| ATO | A | 0.06% | |
| WKC | D | 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% | |
| EIX | B | 0.05% | |
| 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% | |
| AES | F | 0.04% | |
| NFE | D | 0.04% | |
| HE | C | 0.04% |
OPTZ Underweight 144 Positions Relative to PHEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | F | -6.55% | |
| GOOGL | C | -2.28% | |
| GOOG | C | -1.9% | |
| JPM | A | -1.73% | |
| AVGO | D | -1.71% | |
| BRK.A | B | -1.42% | |
| XOM | B | -1.4% | |
| LLY | F | -1.39% | |
| HD | A | -1.15% | |
| MA | C | -1.14% | |
| PG | A | -1.09% | |
| JNJ | D | -1.04% | |
| BAC | A | -0.98% | |
| WMT | A | -0.96% | |
| ABBV | D | -0.85% | |
| CVX | A | -0.84% | |
| CSCO | B | -0.79% | |
| KO | D | -0.77% | |
| ORCL | B | -0.73% | |
| MRK | F | -0.69% | |
| WFC | A | -0.67% | |
| ABT | B | -0.6% | |
| TXN | C | -0.59% | |
| LMT | D | -0.58% | |
| UNP | C | -0.52% | |
| MDT | D | -0.51% | |
| BMY | B | -0.48% | |
| AMGN | D | -0.45% | |
| DE | A | -0.44% | |
| WM | A | -0.44% | |
| MMM | D | -0.44% | |
| CTAS | B | -0.42% | |
| MS | A | -0.39% | |
| BKNG | A | -0.39% | |
| PLTR | B | -0.36% | |
| HWM | A | -0.36% | |
| AVB | B | -0.35% | |
| SCHW | B | -0.35% | |
| PPL | B | -0.34% | |
| KLAC | D | -0.34% | |
| K | A | -0.34% | |
| LNT | A | -0.33% | |
| DOV | A | -0.33% | |
| YUM | B | -0.33% | |
| QCOM | F | -0.33% | |
| KMB | D | -0.33% | |
| OTIS | C | -0.33% | |
| EQR | B | -0.32% | |
| EXR | D | -0.32% | |
| MU | D | -0.31% | |
| LH | C | -0.31% | |
| CMS | C | -0.31% | |
| HBAN | A | -0.31% | |
| PANW | C | -0.3% | |
| DRI | B | -0.3% | |
| AEE | A | -0.3% | |
| PHM | D | -0.3% | |
| UBER | D | -0.29% | |
| DOC | D | -0.29% | |
| LRCX | F | -0.29% | |
| CNP | B | -0.28% | |
| AME | A | -0.28% | |
| PYPL | B | -0.28% | |
| SYF | B | -0.27% | |
| MAA | B | -0.27% | |
| CFG | B | -0.26% | |
| MRVL | B | -0.25% | |
| LII | A | -0.25% | |
| GLW | B | -0.25% | |
| MRO | B | -0.24% | |
| L | A | -0.24% | |
| FE | C | -0.24% | |
| NDAQ | A | -0.24% | |
| JBHT | C | -0.24% | |
| RMD | C | -0.24% | |
| FANG | D | -0.24% | |
| MKL | A | -0.23% | |
| NEM | D | -0.23% | |
| EXPD | D | -0.23% | |
| LNG | B | -0.22% | |
| LYB | F | -0.22% | |
| HEI | B | -0.22% | |
| WRB | A | -0.21% | |
| SSNC | B | -0.21% | |
| REGN | F | -0.21% | |
| ARE | D | -0.21% | |
| AMCR | D | -0.21% | |
| PFG | D | -0.2% | |
| MSTR | C | -0.2% | |
| ESS | B | -0.19% | |
| SPOT | B | -0.19% | |
| TTD | B | -0.18% | |
| PPG | F | -0.18% | |
| WBD | C | -0.18% | |
| CPB | D | -0.18% | |
| CSL | C | -0.18% | |
| CAG | D | -0.17% | |
| DVN | F | -0.17% | |
| IFF | D | -0.16% | |
| AKAM | D | -0.16% | |
| HAL | C | -0.16% | |
| ABNB | C | -0.15% | |
| NDSN | B | -0.14% | |
| HEI | B | -0.14% | |
| ON | D | -0.14% | |
| HUBS | A | -0.14% | |
| MGM | D | -0.13% | |
| DASH | A | -0.13% | |
| DDOG | A | -0.13% | |
| ALNY | D | -0.13% | |
| FCNCA | A | -0.13% | |
| RBLX | C | -0.12% | |
| TW | A | -0.11% | |
| STLD | B | -0.11% | |
| IBKR | A | -0.11% | |
| VEEV | C | -0.1% | |
| SUI | D | -0.1% | |
| DOX | D | -0.09% | |
| TRU | D | -0.09% | |
| BLDR | D | -0.08% | |
| ZS | C | -0.08% | |
| NET | B | -0.07% | |
| SCCO | F | -0.07% | |
| AGR | B | -0.07% | |
| YUMC | C | -0.07% | |
| DKNG | B | -0.07% | |
| SNOW | C | -0.06% | |
| AVTR | F | -0.06% | |
| TEAM | A | -0.06% | |
| SNAP | C | -0.05% | |
| LPLA | A | -0.05% | |
| OWL | A | -0.05% | |
| ILMN | D | -0.05% | |
| OKTA | C | -0.04% | |
| WLK | D | -0.04% | |
| BSY | D | -0.04% | |
| CPNG | D | -0.03% | |
| PINS | D | -0.03% | |
| SIRI | C | -0.03% | |
| ENPH | F | -0.03% | |
| RKT | F | -0.03% | |
| WSM | B | -0.02% | |
| WMG | C | -0.02% | |
| MRNA | F | -0.01% |
OPTZ: Top Represented Industries & Keywords
Industries:
Biotechnology
Software - Application
Specialty Retail
Business Services
Oil & Gas Equipment & Services
Diagnostics & Research
Diversified Industrials
Medical Devices
Telecom Services
Asset Management
Engineering & Construction
Insurance - Property & Casualty
Aerospace & Defense
Auto Parts
Building Materials
Capital Markets
Credit Services
Utilities - Regulated Electric
Chemicals
Footwear & Accessories
PHEQ: Top Represented Industries & Keywords
Industries:
Software - Application
Software - Infrastructure
Semiconductors
Drug Manufacturers - Major
Internet Content & Information
Specialty Chemicals
Utilities - Regulated Electric
Biotechnology
Capital Markets
Credit Services
Diversified Industrials
REIT - Residential
Asset Management
Insurance - Property & Casualty
Medical Devices
Specialty Retail
Aerospace & Defense
Banks - Global
Banks - Regional - US
Business Services
Compare ETFs
