OPTZ vs. SPHB ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to PowerShares S&P 500 High Beta Portfolio (SPHB)

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

$30.63

Average Daily Volume

6,418

Number of Holdings ^*

321

* may have additional holdings in another (foreign) market

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$92.65

Average Daily Volume

223,915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	OPTZ	SPHB
30 Days	5.82%	2.29%
60 Days	8.59%	4.40%
90 Days	9.87%	5.67%
12 Months		28.40%

37 Overlapping Holdings

Symbol	Grade	Weight in OPTZ	Weight in SPHB	Overlap
ADBE	C	0.11%	0.8%	0.11%
AES	F	0.04%	0.61%	0.04%
ALGN	D	0.13%	1.03%	0.13%
AMAT	F	1.0%	1.22%	1.0%
AMD	F	1.03%	1.52%	1.03%
AMZN	C	0.38%	1.09%	0.38%
ANET	C	1.24%	1.36%	1.24%
APTV	F	0.25%	0.58%	0.25%
CDNS	B	1.21%	1.18%	1.18%
CEG	C	0.07%	1.01%	0.07%
CRM	B	1.37%	1.1%	1.1%
CRWD	B	1.37%	1.6%	1.37%
DECK	A	0.39%	0.92%	0.39%
EFX	F	0.11%	0.73%	0.11%
ETN	A	0.15%	1.07%	0.15%
FSLR	F	0.96%	0.83%	0.83%
GNRC	C	0.16%	1.37%	0.16%
HUBB	B	0.15%	0.97%	0.15%
IDXX	F	0.11%	0.69%	0.11%
INTC	C	1.31%	0.99%	0.99%
IQV	F	0.11%	0.62%	0.11%
ISRG	A	0.15%	0.89%	0.15%
KKR	A	0.25%	1.17%	0.25%
LULU	C	0.39%	0.96%	0.39%
META	D	0.65%	1.21%	0.65%
MLM	C	0.17%	0.73%	0.17%
NCLH	B	0.48%	1.63%	0.48%
NOW	A	1.27%	1.12%	1.12%
NVDA	B	1.44%	2.08%	1.44%
PH	A	0.15%	0.99%	0.15%
PODD	C	0.15%	1.02%	0.15%
PWR	A	0.16%	1.16%	0.16%
RCL	A	0.47%	1.25%	0.47%
SNPS	B	1.16%	1.11%	1.11%
TROW	B	0.24%	0.82%	0.24%
TSLA	B	0.49%	1.93%	0.49%
URI	C	0.15%	1.25%	0.15%

OPTZ Overweight 284 Positions Relative to SPHB

Symbol	Grade	Weight
APP	B	2.03%
TTMI	C	1.36%
DELL	B	1.29%
GDDY	A	1.27%
FFIV	B	1.25%
QLYS	B	1.22%
BHE	C	1.2%
ITRI	C	1.19%
MSI	B	1.18%
WIX	A	1.15%
INFN	D	1.11%
AAPL	C	1.06%
VZIO	A	1.04%
VRSN	C	1.03%
BAH	F	1.02%
IBM	C	1.02%
ROP	B	1.0%
DJT	C	0.93%
LUMN	C	0.83%
CRUS	D	0.8%
IDCC	B	0.78%
ACLS	F	0.78%
DIS	B	0.77%
NFLX	A	0.73%
TMUS	B	0.72%
RNG	C	0.72%
ZM	C	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	F	0.52%
WWW	A	0.48%
COIN	C	0.42%
HBI	B	0.42%
WOOF	D	0.42%
UNFI	A	0.41%
RL	C	0.39%
SIG	B	0.39%
MAR	A	0.39%
LVS	B	0.38%
WHR	B	0.37%
GRMN	B	0.37%
ANF	F	0.36%
SBH	C	0.36%
WYNN	C	0.36%
BZH	C	0.35%
LOW	C	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	B	0.33%
TAP	C	0.32%
MCD	D	0.32%
CHDN	B	0.32%
APO	B	0.31%
YETI	D	0.31%
ENR	B	0.31%
ETSY	D	0.3%
CHD	A	0.3%
ULTA	F	0.3%
ROST	D	0.29%
DKS	D	0.29%
GPC	D	0.29%
COST	A	0.29%
LC	A	0.28%
LEA	F	0.28%
TGT	F	0.28%
LNW	F	0.28%
DOLE	D	0.27%
SQ	A	0.27%
MELI	C	0.27%
WBA	F	0.27%
STZ	D	0.27%
ODP	F	0.27%
AX	B	0.26%
DAN	D	0.26%
PEP	F	0.26%
CVS	D	0.26%
CL	D	0.25%
GS	A	0.25%
FI	A	0.25%
AMP	A	0.25%
CAL	F	0.25%
BG	D	0.25%
ARES	A	0.24%
AXP	A	0.24%
CROX	D	0.24%
BLK	B	0.24%
BHF	C	0.24%
CINF	A	0.23%
AGO	B	0.23%
PRU	A	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%
V	A	0.22%
TRV	B	0.22%
NATL	B	0.21%
GL	C	0.21%
PGR	A	0.21%
AXON	A	0.21%
VRT	B	0.21%
AER	A	0.21%
BFH	C	0.21%
MSCI	C	0.21%
BRO	B	0.21%
ALL	A	0.21%
LDI	C	0.2%
ICE	C	0.2%
STRL	A	0.2%
MKTX	D	0.2%
CME	B	0.2%
SPGI	C	0.2%
HIG	B	0.2%
CRS	B	0.2%
MCO	B	0.2%
GATO	C	0.2%
RNR	C	0.2%
ZIM	C	0.2%
NAVI	F	0.19%
ACGL	C	0.19%
DAL	B	0.19%
PMT	C	0.19%
CBOE	C	0.19%
CB	C	0.19%
FIX	A	0.18%
APD	A	0.18%
VMC	B	0.18%
EME	A	0.18%
GTLS	A	0.18%
PAYC	B	0.18%
XPO	B	0.18%
LPX	B	0.18%
EXP	B	0.18%
SKYW	C	0.18%
HQY	A	0.17%
JBLU	F	0.17%
AVNT	B	0.17%
HASI	D	0.17%
PEN	B	0.16%
EMN	C	0.16%
SHW	B	0.16%
DOCU	B	0.16%
PCTY	C	0.16%
AIT	B	0.16%
ACHR	B	0.16%
INCY	C	0.16%
VERA	C	0.16%
HON	C	0.15%
ECL	D	0.15%
ESTC	C	0.15%
GFF	A	0.15%
TT	A	0.15%
PCAR	B	0.15%
PEGA	B	0.15%
WAB	B	0.15%
JAZZ	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	A	0.14%
COR	B	0.14%
ZBH	C	0.14%
MRC	B	0.14%
DGX	A	0.14%
WST	C	0.14%
LECO	C	0.14%
UTHR	C	0.14%
CAH	B	0.14%
LIVN	F	0.14%
AKRO	B	0.14%
REVG	C	0.14%
LIN	C	0.14%
DVA	C	0.14%
SYK	B	0.14%
CAT	B	0.14%
UNH	B	0.13%
WDAY	B	0.13%
BV	C	0.13%
VRSK	A	0.13%
FDX	B	0.13%
NBIX	C	0.13%
VRTX	D	0.13%
SAVA	C	0.13%
OSK	C	0.13%
PBI	B	0.13%
WWD	C	0.13%
ASH	F	0.13%
MANH	D	0.13%
AHCO	F	0.12%
SHC	F	0.12%
AOS	F	0.12%
KRYS	C	0.12%
MOH	F	0.12%
RPRX	D	0.12%
XYL	D	0.12%
STE	D	0.12%
RSG	A	0.12%
ETNB	C	0.12%
DAWN	D	0.12%
COGT	D	0.11%
SRPT	F	0.11%
BAX	F	0.11%
DLR	B	0.11%
SNDX	F	0.11%
KURA	F	0.11%
VNO	C	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	A	0.1%
LNTH	D	0.1%
EXPI	D	0.1%
CBRE	B	0.1%
OMI	F	0.1%
HII	F	0.09%
CPT	B	0.09%
PEB	D	0.09%
NEXT	C	0.09%
ELS	C	0.09%
PK	C	0.09%
CE	F	0.09%
LAMR	C	0.09%
WY	F	0.09%
SBRA	C	0.09%
OGN	F	0.09%
NMRK	C	0.09%
REXR	F	0.08%
NVRI	D	0.08%
RDFN	D	0.08%
SBAC	D	0.08%
EGP	D	0.08%
TDW	F	0.08%
ICLR	D	0.08%
PRIM	A	0.08%
KNTK	A	0.07%
BKR	A	0.07%
WMB	A	0.07%
BKD	F	0.07%
AMT	C	0.07%
TRGP	A	0.07%
DTM	A	0.07%
ATO	A	0.06%
WKC	C	0.06%
ETR	B	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	F	0.05%
DUK	C	0.05%
DTE	C	0.05%
APA	D	0.05%
SO	C	0.05%
WFRD	D	0.05%
DK	C	0.05%
SWX	B	0.05%
NFE	D	0.04%
HE	C	0.04%

OPTZ Underweight 60 Positions Relative to SPHB

Symbol	Grade	Weight
CCL	A	-1.63%
UAL	A	-1.57%
AVGO	D	-1.56%
ALB	B	-1.51%
VST	A	-1.4%
BLDR	D	-1.39%
CZR	F	-1.25%
BX	A	-1.22%
LRCX	F	-1.21%
MU	D	-1.2%
TER	F	-1.18%
ORCL	A	-1.17%
DAY	B	-1.16%
ON	D	-1.15%
MPWR	F	-1.1%
KLAC	F	-1.09%
JBL	C	-1.09%
QCOM	F	-1.07%
PYPL	B	-1.07%
ADSK	A	-1.06%
PANW	B	-1.04%
WDC	D	-1.03%
BKNG	A	-1.02%
ABNB	C	-1.02%
FICO	B	-1.0%
BXP	C	-1.0%
LW	C	-0.99%
NXPI	D	-0.98%
ZBRA	B	-0.97%
UBER	F	-0.95%
CARR	C	-0.95%
MCHP	F	-0.93%
KEYS	A	-0.92%
KEY	B	-0.92%
INTU	B	-0.92%
WBD	B	-0.88%
ROK	C	-0.86%
PHM	D	-0.85%
APH	A	-0.85%
ADI	D	-0.85%
ANSS	B	-0.84%
GOOG	C	-0.84%
FCX	F	-0.81%
SMCI	F	-0.81%
EPAM	B	-0.8%
IVZ	B	-0.8%
CPRT	B	-0.79%
KMX	B	-0.79%
GE	D	-0.78%
CRL	D	-0.77%
RMD	C	-0.76%
MHK	D	-0.76%
SWKS	F	-0.76%
TXN	C	-0.76%
ARE	F	-0.75%
MGM	D	-0.75%
LEN	D	-0.75%
DHI	F	-0.71%
ENPH	F	-0.69%
QRVO	F	-0.56%