OPTZ vs. PTL ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to Northern Lights Fund Trust IV Inspire 500 ETF (PTL)

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

PTL

Northern Lights Fund Trust IV Inspire 500 ETF

PTL Description

PTL is passively managed to invest in US large-cap stocks that align with the issuer's definition of biblical values and positive impact on the world, measured using various environmental, social, and governance criteria. The index provider analyzes publicly available and third-party data to assign a proprietary Impact Score to each eligible stock. The methodology excludes stocks with any degree of involvement in activities such as abortion, gambling, alcohol, tobacco, cannabis, stem cell research, in vitro fertilization, pornography, rights violations, and LGBT activism. The remaining stocks are scored based on how well they align with the issuer's values, considering factors including business ethics, employee wellbeing, customer welfare, product safety, ecological impact, and GHG emissions. The index selects the 500 highest-scoring stocks and weights them by market capitalization. Index components are reconstituted and rebalanced annually.

Grade (RS Rating)

Last Trade

$224.62

Average Daily Volume

7,636

Number of Holdings ^*

478

* may have additional holdings in another (foreign) market

Performance

Period	OPTZ	PTL
30 Days	8.47%	5.09%
60 Days	9.68%	5.71%
90 Days	11.36%	7.67%
12 Months

99 Overlapping Holdings

Symbol	Grade	Weight in OPTZ	Weight in PTL	Overlap
AIT	A	0.16%	0.07%	0.07%
ALGN	D	0.13%	0.12%	0.12%
ANET	C	1.24%	0.83%	0.83%
AOS	F	0.12%	0.07%	0.07%
APA	D	0.05%	0.06%	0.05%
APP	B	2.03%	0.76%	0.76%
ATO	A	0.06%	0.16%	0.06%
BAX	D	0.11%	0.12%	0.11%
BG	F	0.25%	0.09%	0.09%
BKR	B	0.07%	0.31%	0.07%
BRO	B	0.21%	0.22%	0.21%
CAT	B	0.14%	1.22%	0.14%
CBOE	B	0.19%	0.16%	0.16%
CEG	D	0.07%	0.41%	0.07%
CINF	A	0.23%	0.16%	0.16%
COIN	C	0.42%	0.54%	0.42%
COR	B	0.14%	0.34%	0.14%
CPAY	A	0.23%	0.18%	0.18%
CPT	B	0.09%	0.09%	0.09%
CRS	A	0.2%	0.06%	0.06%
CVNA	B	0.55%	0.33%	0.33%
DAL	C	0.19%	0.27%	0.19%
DECK	A	0.39%	0.19%	0.19%
DLR	B	0.11%	0.43%	0.11%
DOCU	A	0.16%	0.11%	0.11%
DTE	C	0.05%	0.17%	0.05%
DTM	B	0.07%	0.07%	0.07%
DVA	B	0.14%	0.09%	0.09%
EFX	F	0.11%	0.22%	0.11%
EGP	F	0.08%	0.06%	0.06%
ELS	C	0.09%	0.1%	0.09%
EME	C	0.18%	0.17%	0.17%
ESTC	C	0.15%	0.06%	0.06%
ETR	B	0.06%	0.22%	0.06%
EXP	A	0.18%	0.07%	0.07%
FDX	B	0.13%	0.55%	0.13%
FFIV	B	1.25%	0.1%	0.1%
FIX	A	0.18%	0.11%	0.11%
FSLR	F	0.96%	0.14%	0.14%
GL	B	0.21%	0.07%	0.07%
GNRC	B	0.16%	0.07%	0.07%
GPC	D	0.29%	0.12%	0.12%
HQY	B	0.17%	0.06%	0.06%
HUBB	B	0.15%	0.16%	0.15%
ICE	C	0.2%	0.62%	0.2%
IDXX	F	0.11%	0.25%	0.11%
INCY	C	0.16%	0.1%	0.1%
IQV	D	0.11%	0.26%	0.11%
ISRG	A	0.15%	1.34%	0.15%
JAZZ	B	0.15%	0.05%	0.05%
KNTK	B	0.07%	0.07%	0.07%
LAMR	D	0.09%	0.09%	0.09%
LECO	B	0.14%	0.08%	0.08%
LIN	D	0.14%	1.49%	0.14%
LNTH	D	0.1%	0.04%	0.04%
LOW	D	0.35%	1.01%	0.35%
LPX	B	0.18%	0.05%	0.05%
MANH	D	0.13%	0.11%	0.11%
MKTX	D	0.2%	0.07%	0.07%
MLM	B	0.17%	0.25%	0.17%
MOH	F	0.12%	0.12%	0.12%
MSCI	C	0.21%	0.31%	0.21%
NBIX	C	0.13%	0.09%	0.09%
NPAB	B	0.52%	0.05%	0.05%
NRG	B	0.06%	0.12%	0.06%
ORLY	B	0.34%	0.47%	0.34%
PAYC	B	0.18%	0.09%	0.09%
PCAR	B	0.15%	0.4%	0.15%
PCTY	B	0.16%	0.08%	0.08%
PEN	B	0.16%	0.07%	0.07%
PGR	A	0.21%	1.06%	0.21%
PH	A	0.15%	0.61%	0.15%
PODD	C	0.15%	0.13%	0.13%
PWR	A	0.16%	0.33%	0.16%
REXR	F	0.08%	0.07%	0.07%
ROP	B	1.0%	0.42%	0.42%
RPRX	D	0.12%	0.11%	0.11%
RSG	A	0.12%	0.46%	0.12%
SAIA	B	0.15%	0.1%	0.1%
SBAC	D	0.08%	0.16%	0.08%
SHW	A	0.16%	0.65%	0.16%
SLB	C	0.06%	0.44%	0.06%
SNPS	B	1.16%	0.6%	0.6%
SPG	B	0.1%	0.41%	0.1%
STE	F	0.12%	0.15%	0.12%
THC	D	0.14%	0.1%	0.1%
TRGP	B	0.07%	0.32%	0.07%
UHS	D	0.11%	0.1%	0.1%
URI	B	0.15%	0.37%	0.15%
UTHR	C	0.14%	0.11%	0.11%
VMC	B	0.18%	0.26%	0.18%
VNO	B	0.11%	0.05%	0.05%
VRSK	A	0.13%	0.28%	0.13%
VRT	B	0.21%	0.33%	0.21%
WELL	A	0.1%	0.58%	0.1%
WFRD	D	0.05%	0.05%	0.05%
WST	C	0.14%	0.16%	0.14%
WY	D	0.09%	0.16%	0.09%
XPO	B	0.18%	0.13%	0.13%

OPTZ Overweight 222 Positions Relative to PTL

Symbol	Grade	Weight
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%
QLYS	C	1.22%
CDNS	B	1.21%
BHE	B	1.2%
ITRI	B	1.19%
MSI	B	1.18%
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%
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%
ZM	B	0.71%
EA	A	0.66%
META	D	0.65%
CMCSA	B	0.64%
T	A	0.64%
EAT	A	0.55%
AMC	C	0.54%
TSLA	B	0.49%
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%
LULU	C	0.39%
SIG	B	0.39%
MAR	B	0.39%
AMZN	C	0.38%
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%
ALV	C	0.33%
BURL	A	0.33%
TAP	C	0.32%
MCD	D	0.32%
CHDN	B	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%
DKS	C	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%
AX	A	0.26%
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%
TROW	B	0.24%
ARES	A	0.24%
AXP	A	0.24%
CROX	D	0.24%
BLK	C	0.24%
BHF	B	0.24%
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%
V	A	0.22%
TRV	B	0.22%
NATL	B	0.21%
AXON	A	0.21%
AER	B	0.21%
BFH	B	0.21%
ALL	A	0.21%
LDI	C	0.2%
STRL	B	0.2%
CME	A	0.2%
SPGI	C	0.2%
HIG	B	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%
CB	C	0.19%
APD	A	0.18%
GTLS	B	0.18%
SKYW	B	0.18%
JBLU	F	0.17%
AVNT	B	0.17%
HASI	D	0.17%
EMN	D	0.16%
ACHR	B	0.16%
VERA	B	0.16%
HON	B	0.15%
ECL	D	0.15%
GFF	A	0.15%
TT	A	0.15%
ETN	A	0.15%
PEGA	A	0.15%
WAB	B	0.15%
TPC	C	0.15%
CLOV	D	0.15%
PNR	A	0.15%
PHIN	A	0.14%
STGW	B	0.14%
ZBH	C	0.14%
MRC	B	0.14%
DGX	A	0.14%
CAH	B	0.14%
LIVN	F	0.14%
AKRO	B	0.14%
REVG	B	0.14%
SYK	C	0.14%
UNH	C	0.13%
WDAY	B	0.13%
BV	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%
XYL	D	0.12%
ETNB	C	0.12%
DAWN	F	0.12%
COGT	D	0.11%
SRPT	D	0.11%
SNDX	F	0.11%
KURA	F	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%
EXPI	C	0.1%
CBRE	B	0.1%
OMI	F	0.1%
HII	D	0.09%
PEB	D	0.09%
NEXT	B	0.09%
PK	B	0.09%
CE	F	0.09%
SBRA	C	0.09%
OGN	D	0.09%
NMRK	B	0.09%
NVRI	F	0.08%
RDFN	D	0.08%
TDW	F	0.08%
ICLR	D	0.08%
PRIM	A	0.08%
WMB	A	0.07%
BKD	D	0.07%
AMT	D	0.07%
WKC	D	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%
SO	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 379 Positions Relative to PTL

Symbol	Grade	Weight
AVGO	D	-5.22%
XOM	B	-3.74%
HD	A	-2.69%
QCOM	F	-1.24%
NEE	D	-1.08%
PLTR	B	-0.98%
PANW	C	-0.89%
ADP	B	-0.86%
UPS	C	-0.77%
PLD	D	-0.76%
ELV	F	-0.67%
REGN	F	-0.63%
GEV	B	-0.62%
CTAS	B	-0.61%
WM	A	-0.6%
APH	A	-0.6%
KLAC	D	-0.58%
MSTR	C	-0.58%
MRVL	B	-0.57%
EOG	A	-0.56%
IBKR	A	-0.53%
SCCO	F	-0.52%
EMR	A	-0.5%
OKE	A	-0.48%
FTNT	C	-0.48%
CSX	B	-0.47%
KMI	A	-0.43%
TTD	B	-0.43%
NSC	B	-0.42%
AFL	B	-0.42%
FANG	D	-0.4%
FCX	D	-0.4%
PSA	D	-0.4%
DHI	D	-0.39%
FICO	B	-0.39%
MNST	C	-0.37%
CPRT	A	-0.37%
NEM	D	-0.35%
AZO	C	-0.35%
PAYX	C	-0.35%
LNG	B	-0.35%
AIG	B	-0.34%
FAST	B	-0.33%
VLO	C	-0.33%
LEN	D	-0.33%
OXY	D	-0.33%
ODFL	B	-0.33%
KVUE	A	-0.32%
DDOG	A	-0.32%
CCI	D	-0.31%
AME	A	-0.31%
PCG	A	-0.31%
PEG	A	-0.3%
SNOW	C	-0.3%
CPNG	D	-0.3%
EW	C	-0.3%
IR	B	-0.29%
VST	B	-0.29%
EXC	C	-0.26%
GEHC	F	-0.26%
YUM	B	-0.25%
EXR	D	-0.25%
VEEV	C	-0.25%
RMD	C	-0.25%
OTIS	C	-0.25%
SYY	B	-0.24%
FCNCA	A	-0.24%
TPL	A	-0.24%
NUE	C	-0.24%
MCHP	D	-0.24%
OWL	A	-0.23%
DXCM	D	-0.23%
ED	D	-0.23%
NET	B	-0.23%
CSGP	D	-0.23%
TTWO	A	-0.23%
WEC	A	-0.22%
ZS	C	-0.22%
IOT	A	-0.21%
ON	D	-0.21%
ANSS	B	-0.21%
KEYS	A	-0.2%
RKT	F	-0.2%
HAL	C	-0.2%
TW	A	-0.2%
EQR	B	-0.2%
LYB	F	-0.19%
NVR	D	-0.19%
MPWR	F	-0.19%
PHM	D	-0.19%
DOV	A	-0.19%
AWK	D	-0.19%
TSCO	D	-0.19%
DVN	F	-0.18%
VLTO	D	-0.18%
TYL	B	-0.18%
VTR	C	-0.18%
ADM	D	-0.18%
ROL	B	-0.17%
RF	A	-0.17%
MTD	D	-0.17%
NTAP	C	-0.17%
IFF	D	-0.16%
TKO	B	-0.16%
TOST	B	-0.16%
LII	A	-0.16%
AFRM	B	-0.16%
TSN	B	-0.16%
FE	C	-0.16%
GFS	C	-0.16%
AEE	A	-0.16%
WRB	A	-0.16%
CDW	F	-0.16%
BLDR	D	-0.15%
MKC	D	-0.15%
IP	B	-0.15%
STLD	B	-0.15%
WDC	D	-0.15%
INVH	D	-0.15%
WSM	B	-0.15%
ERIE	D	-0.15%
ES	D	-0.15%
PKG	A	-0.15%
WSO	A	-0.15%
MDB	C	-0.15%
MKL	A	-0.15%
CSL	C	-0.14%
CTRA	B	-0.14%
CNP	B	-0.14%
UI	A	-0.14%
CMS	C	-0.14%
LH	C	-0.14%
ESS	B	-0.14%
NTNX	A	-0.13%
HOLX	D	-0.13%
SSNC	B	-0.13%
SNA	A	-0.13%
L	A	-0.13%
JBHT	C	-0.13%
ARE	D	-0.13%
MAA	B	-0.13%
CHWY	B	-0.12%
USFD	A	-0.12%
IEX	B	-0.12%
DG	F	-0.12%
MAS	D	-0.12%
TRMB	B	-0.12%
SUI	D	-0.12%
NWSA	B	-0.12%
RS	B	-0.12%
MRO	B	-0.12%
TER	D	-0.12%
OC	A	-0.12%
CRBG	B	-0.12%
RYAN	B	-0.12%
RPM	A	-0.12%
GEN	B	-0.12%
CASY	A	-0.11%
RGA	A	-0.11%
FLEX	A	-0.11%
SMMT	D	-0.11%
TOL	B	-0.11%
COHR	B	-0.11%
ENTG	D	-0.11%
GWRE	A	-0.11%
BSY	D	-0.11%
JEF	A	-0.11%
CF	B	-0.11%
J	F	-0.11%
WLK	D	-0.11%
EXPD	D	-0.11%
SMCI	F	-0.11%
NI	A	-0.11%
CPB	D	-0.1%
CLH	B	-0.1%
POOL	C	-0.1%
SFM	A	-0.1%
RVTY	F	-0.1%
REG	B	-0.1%
AGR	B	-0.1%
DLTR	F	-0.1%
AMH	D	-0.1%
NDSN	B	-0.1%
GGG	B	-0.1%
DOC	D	-0.1%
EVRG	A	-0.1%
EWBC	A	-0.1%
UDR	B	-0.1%
DT	C	-0.1%
KMX	B	-0.09%
TXRH	C	-0.09%
JKHY	D	-0.09%
SOLV	C	-0.09%
SCI	B	-0.09%
WPC	D	-0.09%
PFGC	B	-0.09%
OVV	B	-0.09%
OKTA	C	-0.09%
HST	C	-0.09%
INSM	C	-0.09%
BXP	D	-0.09%
CAG	D	-0.09%
PR	B	-0.09%
SN	D	-0.09%
HLI	B	-0.09%
CW	B	-0.09%
EPAM	C	-0.09%
EDR	A	-0.09%
JBL	B	-0.09%
SWKS	F	-0.09%
MUSA	A	-0.08%
AA	B	-0.08%
FND	C	-0.08%
BLD	D	-0.08%
CUBE	D	-0.08%
KNSL	B	-0.08%
ATR	B	-0.08%
MTZ	B	-0.08%
PCVX	D	-0.08%
ACI	C	-0.08%
GMED	A	-0.08%
BJ	A	-0.08%
FHN	A	-0.08%
LW	C	-0.08%
MEDP	D	-0.08%
PPC	C	-0.08%
SF	B	-0.08%
EVR	B	-0.08%
JNPR	F	-0.08%
AFG	A	-0.08%
RRX	B	-0.08%
ITT	A	-0.08%
CHRW	C	-0.08%
UHAL	D	-0.08%
ALB	C	-0.08%
BIO	D	-0.07%
ITCI	C	-0.07%
LAD	A	-0.07%
BRBR	A	-0.07%
ALSN	B	-0.07%
RBC	A	-0.07%
FRT	B	-0.07%
EHC	B	-0.07%
PNFP	B	-0.07%
DOX	D	-0.07%
AYI	B	-0.07%
RVMD	C	-0.07%
RGLD	C	-0.07%
CACI	D	-0.07%
ORI	A	-0.07%
PRI	A	-0.07%
WING	D	-0.07%
WMS	D	-0.07%
AR	B	-0.07%
CFLT	B	-0.07%
UWMC	D	-0.07%
AAON	B	-0.07%
WAL	B	-0.07%
CR	A	-0.07%
HLNE	B	-0.07%
MLI	C	-0.07%
PCOR	B	-0.07%
LBRDA	C	-0.07%
EXEL	B	-0.07%
WCC	B	-0.07%
OHI	C	-0.07%
SEIC	B	-0.07%
PAG	B	-0.07%
COKE	C	-0.07%
PNW	B	-0.07%
GTLB	B	-0.07%
GME	C	-0.07%
WBS	A	-0.07%
TTEK	F	-0.07%
BWXT	B	-0.07%
WTRG	B	-0.07%
CCK	C	-0.07%
APG	B	-0.07%
TREX	C	-0.06%
NNN	D	-0.06%
ONTO	D	-0.06%
RLI	B	-0.06%
BRKR	D	-0.06%
BERY	B	-0.06%
OLED	D	-0.06%
PB	A	-0.06%
INFA	D	-0.06%
CHE	D	-0.06%
TTC	D	-0.06%
RRC	B	-0.06%
SSB	B	-0.06%
APPF	B	-0.06%
MHK	D	-0.06%
OGE	B	-0.06%
CHRD	D	-0.06%
AUR	C	-0.06%
FYBR	D	-0.06%
DINO	D	-0.06%
HESM	B	-0.06%
ENSG	D	-0.06%
MTSI	B	-0.06%
AXTA	A	-0.06%
PLNT	A	-0.06%
GPK	C	-0.06%
SUM	B	-0.06%
ALTR	B	-0.06%
WTFC	A	-0.06%
FLR	B	-0.06%
ROIV	C	-0.06%
ZION	B	-0.06%
DCI	B	-0.06%
KNX	B	-0.06%
FBIN	D	-0.06%
CIEN	B	-0.06%
FOUR	B	-0.06%
CFR	B	-0.06%
BRX	A	-0.06%
S	B	-0.06%
ENPH	F	-0.06%
TPX	B	-0.06%
CNM	D	-0.06%
SITE	D	-0.05%
AN	C	-0.05%
AMKR	D	-0.05%
COLD	D	-0.05%
CGNX	C	-0.05%
MTH	D	-0.05%
SATS	D	-0.05%
NUVL	D	-0.05%
AGCO	D	-0.05%
WSC	D	-0.05%
GNTX	C	-0.05%
STAG	F	-0.05%
SPSC	C	-0.05%
WTS	B	-0.05%
CELH	F	-0.05%
STWD	C	-0.05%
ATI	D	-0.05%
HCP	B	-0.05%
PATH	C	-0.05%
FCN	D	-0.05%
FR	C	-0.05%
MTN	C	-0.05%
MSA	D	-0.05%
BWA	D	-0.05%
LSCC	D	-0.05%
WEX	D	-0.05%
RHI	B	-0.05%
AM	A	-0.05%
GAP	C	-0.05%
DLB	B	-0.05%
TMHC	B	-0.05%
KBR	F	-0.05%
BOKF	B	-0.05%
MIDD	C	-0.05%
SSD	D	-0.05%
GKOS	B	-0.05%
MKSI	C	-0.05%
ADC	B	-0.05%
FRPT	B	-0.05%
AGNC	D	-0.05%
RGEN	D	-0.05%
G	B	-0.05%
KEX	C	-0.05%
U	C	-0.05%
UFPI	B	-0.05%
SAIC	F	-0.04%
IBP	D	-0.04%
ESNT	D	-0.04%
TRNO	F	-0.04%
ARW	D	-0.04%
VKTX	F	-0.04%
LSTR	D	-0.04%
ELAN	D	-0.04%
QRVO	F	-0.04%
BFAM	D	-0.04%
POST	C	-0.04%
ACHC	F	-0.03%
LCID	F	-0.03%