RVRB vs. OPTZ ETF Comparison

Comparison of Reverb ETF (RVRB) to Optimize Strategy Index ETF (OPTZ)

RVRB

Reverb ETF

RVRB Description

The fund will invest in equity securities of companies that are publicly listed on one or more major U.S. national securities exchanges and which are among the largest approximately 500 domestic equity companies as determined by the Adviser on the basis of their free float market capitalization (the "Investable Universe"). In managing the fund, the Adviser employs a market "sentiment" based investment strategy, determined in accordance with its own proprietary web-based algorithm (the "Reverberate App" or the "App"), to adjust the weightings of positions in the fund"s portfolio.

Grade (RS Rating)

Last Trade

$31.65

Average Daily Volume

214

Number of Holdings ^*

510

* may have additional holdings in another (foreign) market

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

$31.20

Average Daily Volume

7,240

Number of Holdings ^*

321

* may have additional holdings in another (foreign) market

Performance

Period	RVRB	OPTZ
30 Days	4.31%	8.16%
60 Days	5.57%	9.18%
90 Days	8.77%	13.26%
12 Months	32.69%

153 Overlapping Holdings

Symbol	Grade	Weight in RVRB	Weight in OPTZ	Overlap
AAPL	A	5.69%	1.06%	1.06%
ADBE	C	0.39%	0.11%	0.11%
AER	A	0.04%	0.21%	0.04%
AES	F	0.01%	0.04%	0.01%
ALGN	D	0.03%	0.13%	0.03%
ALL	A	0.09%	0.21%	0.09%
AMAT	F	0.25%	1.0%	0.25%
AMD	F	0.39%	1.03%	0.39%
AMP	A	0.11%	0.25%	0.11%
AMT	D	0.17%	0.07%	0.07%
AMZN	B	4.24%	0.38%	0.38%
ANET	C	0.22%	1.24%	0.22%
APD	A	0.13%	0.18%	0.13%
APO	A	0.17%	0.31%	0.17%
APP	B	0.19%	2.03%	0.19%
APTV	F	0.02%	0.25%	0.02%
ARES	A	0.06%	0.24%	0.06%
ATO	A	0.04%	0.06%	0.04%
AXON	A	0.04%	0.21%	0.04%
AXP	A	0.37%	0.24%	0.24%
BA	F	0.15%	0.11%	0.11%
BAH	F	0.04%	1.02%	0.04%
BAX	F	0.03%	0.11%	0.03%
BG	D	0.01%	0.25%	0.01%
BKR	C	0.08%	0.07%	0.07%
BLK	C	0.26%	0.24%	0.24%
BR	A	0.04%	0.22%	0.04%
BRO	A	0.06%	0.21%	0.06%
BURL	B	0.02%	0.33%	0.02%
CAH	B	0.05%	0.14%	0.05%
CAT	B	0.34%	0.14%	0.14%
CB	C	0.2%	0.19%	0.19%
CBRE	A	0.07%	0.1%	0.07%
CDNS	B	0.16%	1.21%	0.16%
CE	F	0.01%	0.09%	0.01%
CEG	C	0.14%	0.07%	0.07%
CHD	B	0.05%	0.3%	0.05%
CINF	A	0.04%	0.23%	0.04%
CL	D	0.13%	0.25%	0.13%
CMCSA	C	0.3%	0.64%	0.3%
COIN	C	0.14%	0.42%	0.14%
COR	A	0.08%	0.14%	0.08%
COST	A	0.78%	0.29%	0.29%
CPAY	A	0.05%	0.23%	0.05%
CRM	B	0.55%	1.37%	0.55%
CRWD	B	0.16%	1.37%	0.16%
CVNA	B	0.03%	0.55%	0.03%
CVS	D	0.12%	0.26%	0.12%
DAL	B	0.07%	0.19%	0.07%
DELL	C	0.16%	1.29%	0.16%
DGX	B	0.03%	0.14%	0.03%
DIS	B	0.36%	0.77%	0.36%
DKS	C	0.02%	0.29%	0.02%
DLR	A	0.11%	0.11%	0.11%
DTE	C	0.05%	0.05%	0.05%
DUK	C	0.15%	0.05%	0.05%
EA	B	0.08%	0.66%	0.08%
ECL	D	0.12%	0.15%	0.12%
EFX	D	0.05%	0.11%	0.05%
EQIX	A	0.18%	0.1%	0.1%
ETN	A	0.26%	0.15%	0.15%
ETR	A	0.06%	0.06%	0.06%
ETSY	C	0.01%	0.3%	0.01%
FDX	B	0.13%	0.13%	0.13%
FI	A	0.24%	0.25%	0.24%
FSLR	F	0.04%	0.96%	0.04%
GDDY	A	0.05%	1.27%	0.05%
GPC	D	0.03%	0.29%	0.03%
GPN	C	0.05%	0.22%	0.05%
GRMN	B	0.07%	0.37%	0.07%
GS	A	0.34%	0.25%	0.25%
HIG	A	0.06%	0.2%	0.06%
HON	B	0.2%	0.15%	0.15%
HUBB	B	0.03%	0.15%	0.03%
IBM	C	0.35%	1.02%	0.35%
ICE	D	0.16%	0.2%	0.16%
ICLR	F	0.03%	0.08%	0.03%
IDXX	F	0.05%	0.11%	0.05%
INCY	B	0.01%	0.16%	0.01%
INTC	D	0.18%	1.31%	0.18%
IQV	D	0.06%	0.11%	0.06%
ISRG	B	0.35%	0.15%	0.15%
KKR	A	0.24%	0.25%	0.24%
LIN	D	0.38%	0.14%	0.14%
LOW	C	0.27%	0.35%	0.27%
LULU	C	0.06%	0.39%	0.06%
LVS	C	0.07%	0.38%	0.07%
MAR	A	0.14%	0.39%	0.14%
MCD	D	0.36%	0.32%	0.32%
MCO	A	0.15%	0.2%	0.15%
MELI	C	0.12%	0.27%	0.12%
META	D	2.37%	0.65%	0.65%
MLM	B	0.08%	0.17%	0.08%
MOH	D	0.04%	0.12%	0.04%
MSCI	B	0.07%	0.21%	0.07%
MSI	B	0.16%	1.18%	0.16%
NFLX	B	0.68%	0.73%	0.68%
NOW	A	0.4%	1.27%	0.4%
NRG	B	0.02%	0.06%	0.02%
NVDA	C	6.14%	1.44%	1.44%
ORLY	A	0.15%	0.34%	0.15%
PAYC	A	0.01%	0.18%	0.01%
PCAR	B	0.11%	0.15%	0.11%
PEP	F	0.38%	0.26%	0.26%
PGR	A	0.26%	0.21%	0.21%
PH	A	0.18%	0.15%	0.15%
PODD	B	0.02%	0.15%	0.02%
PRU	A	0.08%	0.23%	0.08%
PWR	A	0.09%	0.16%	0.09%
RCL	A	0.11%	0.47%	0.11%
ROP	B	0.11%	1.0%	0.11%
ROST	C	0.08%	0.29%	0.08%
RPRX	D	0.01%	0.12%	0.01%
RSG	A	0.12%	0.12%	0.12%
SBAC	D	0.04%	0.08%	0.04%
SHW	A	0.17%	0.16%	0.16%
SNPS	B	0.14%	1.16%	0.14%
SO	C	0.18%	0.05%	0.05%
SPG	A	0.1%	0.1%	0.1%
SPGI	B	0.29%	0.2%	0.2%
SQ	C	0.1%	0.27%	0.1%
STE	F	0.04%	0.12%	0.04%
STZ	F	0.08%	0.27%	0.08%
SYK	B	0.25%	0.14%	0.14%
T	A	0.28%	0.64%	0.28%
TGT	F	0.1%	0.28%	0.1%
TMO	F	0.33%	0.11%	0.11%
TMUS	A	0.45%	0.72%	0.45%
TRGP	B	0.08%	0.07%	0.07%
TROW	A	0.05%	0.24%	0.05%
TRV	B	0.1%	0.22%	0.1%
TSLA	B	1.78%	0.49%	0.49%
TT	A	0.16%	0.15%	0.15%
ULTA	F	0.02%	0.3%	0.02%
UNH	B	0.97%	0.13%	0.13%
URI	B	0.11%	0.15%	0.11%
V	A	1.19%	0.22%	0.22%
VMC	B	0.07%	0.18%	0.07%
VRSK	A	0.07%	0.13%	0.07%
VRSN	C	0.04%	1.03%	0.04%
VRT	B	0.09%	0.21%	0.09%
VRTX	D	0.2%	0.13%	0.13%
WAB	A	0.06%	0.15%	0.06%
WBA	F	0.01%	0.27%	0.01%
WDAY	C	0.12%	0.13%	0.12%
WELL	A	0.15%	0.1%	0.1%
WMB	B	0.13%	0.07%	0.07%
WST	C	0.04%	0.14%	0.04%
WTW	A	0.06%	0.22%	0.06%
WY	D	0.04%	0.09%	0.04%
XYL	D	0.06%	0.12%	0.06%
ZBH	C	0.04%	0.14%	0.04%
ZM	B	0.05%	0.71%	0.05%

RVRB Overweight 357 Positions Relative to OPTZ

Symbol	Grade	Weight
MSFT	C	6.15%
GOOGL	C	4.08%
BRK.A	B	1.66%
AVGO	D	1.27%
WMT	A	1.27%
LLY	D	1.26%
JPM	B	1.18%
ORCL	B	0.92%
XOM	C	0.91%
MA	A	0.86%
HD	B	0.75%
PG	A	0.7%
BAC	A	0.6%
ABBV	D	0.52%
CVX	A	0.52%
KO	D	0.51%
JNJ	D	0.46%
WFC	A	0.45%
CSCO	A	0.41%
ACN	B	0.39%
MS	C	0.38%
ABT	B	0.35%
PM	A	0.35%
GE	C	0.34%
MRK	D	0.34%
INTU	C	0.33%
TXN	D	0.32%
BKNG	A	0.32%
QCOM	F	0.3%
DHR	D	0.3%
VZ	B	0.3%
RTX	D	0.28%
AMGN	F	0.28%
NEE	D	0.27%
UBER	D	0.26%
UNP	C	0.26%
TJX	A	0.25%
PLTR	B	0.25%
BX	B	0.24%
LMT	D	0.24%
BSX	B	0.24%
PFE	D	0.24%
PANW	B	0.23%
C	B	0.23%
COP	D	0.23%
SHOP	B	0.23%
NKE	F	0.21%
DE	B	0.21%
ADP	A	0.21%
UPS	C	0.2%
MU	D	0.2%
MMC	A	0.2%
SCHW	A	0.2%
BMY	B	0.2%
SBUX	B	0.19%
ADI	D	0.19%
GILD	B	0.19%
MDT	D	0.19%
GEV	B	0.18%
LRCX	D	0.18%
PLD	D	0.18%
TDG	D	0.17%
CI	D	0.17%
CTAS	A	0.17%
TD	F	0.17%
MO	A	0.17%
APH	B	0.16%
MDLZ	F	0.16%
PYPL	B	0.16%
KLAC	D	0.16%
CMG	B	0.16%
MCK	B	0.16%
SCCO	F	0.15%
AON	A	0.15%
ZTS	F	0.15%
ABNB	C	0.15%
FICO	A	0.15%
HCA	F	0.15%
SPOT	B	0.15%
ELV	F	0.15%
WM	A	0.15%
USB	A	0.14%
ITW	A	0.14%
MRVL	B	0.14%
EOG	C	0.14%
REGN	F	0.14%
PNC	A	0.14%
NOC	D	0.13%
FTNT	B	0.13%
EMR	A	0.13%
FCX	F	0.12%
NU	D	0.12%
COF	B	0.12%
ADSK	B	0.12%
CARR	D	0.12%
DASH	A	0.12%
CSX	B	0.12%
MMM	C	0.12%
EPD	A	0.12%
BK	A	0.11%
MET	A	0.11%
TFC	B	0.11%
PSA	C	0.11%
SRE	B	0.11%
GM	C	0.11%
TEAM	B	0.11%
ET	A	0.11%
HLT	A	0.11%
KMI	B	0.11%
AFL	A	0.11%
AJG	A	0.11%
BDX	F	0.11%
CPRT	A	0.1%
MNST	B	0.1%
NXPI	D	0.1%
VST	B	0.1%
NSC	A	0.1%
CHTR	B	0.1%
PCG	A	0.1%
JCI	C	0.1%
PSX	C	0.1%
TTD	B	0.1%
OXY	F	0.09%
LNG	A	0.09%
HES	B	0.09%
D	C	0.09%
AIG	B	0.09%
AME	A	0.09%
DDOG	B	0.09%
KMB	C	0.09%
NEM	F	0.09%
MPLX	A	0.09%
PAYX	B	0.09%
O	D	0.09%
MPC	D	0.09%
CMI	A	0.09%
AEP	C	0.09%
DHI	D	0.09%
MTD	D	0.08%
CPNG	C	0.08%
GWW	A	0.08%
F	C	0.08%
EW	C	0.08%
KDP	D	0.08%
DFS	B	0.08%
LHX	C	0.08%
CCI	D	0.08%
PEG	A	0.08%
LEN	D	0.08%
VLO	C	0.08%
NDAQ	A	0.08%
KVUE	A	0.08%
ODFL	B	0.08%
FIS	D	0.08%
HWM	B	0.08%
WCN	A	0.08%
FAST	A	0.08%
FLUT	A	0.08%
KHC	D	0.07%
A	D	0.07%
SYY	C	0.07%
IT	C	0.07%
NUE	D	0.07%
HSY	F	0.07%
STLA	F	0.07%
YUM	B	0.07%
MTB	B	0.07%
EXC	C	0.07%
CTSH	A	0.07%
OTIS	C	0.07%
GEHC	F	0.07%
CTVA	A	0.07%
XEL	A	0.07%
IR	A	0.07%
GLW	B	0.07%
KR	A	0.07%
SNOW	C	0.07%
HEI	B	0.06%
GOLD	D	0.06%
DOW	F	0.06%
HUM	C	0.06%
CNC	F	0.06%
WEC	A	0.06%
CCL	B	0.06%
FANG	F	0.06%
AVB	A	0.06%
TTWO	A	0.06%
RBLX	C	0.06%
IRM	C	0.06%
VICI	C	0.06%
LYV	B	0.06%
GIS	D	0.06%
NET	B	0.06%
RMD	C	0.06%
RJF	A	0.06%
MCHP	D	0.06%
ED	C	0.06%
DD	D	0.06%
CCEP	B	0.06%
EXR	C	0.06%
HPQ	B	0.06%
ALNY	D	0.06%
CDW	F	0.05%
VTR	C	0.05%
WAT	A	0.05%
EXPE	B	0.05%
PPL	A	0.05%
K	A	0.05%
VLTO	D	0.05%
AEE	A	0.05%
EQR	A	0.05%
NTAP	B	0.05%
LYB	F	0.05%
FTV	B	0.05%
STT	A	0.05%
PHM	D	0.05%
HAL	C	0.05%
HPE	B	0.05%
DOV	A	0.05%
ZS	C	0.05%
ON	D	0.05%
TSCO	D	0.05%
TW	A	0.05%
KEYS	B	0.05%
DXCM	C	0.05%
CSGP	C	0.05%
ROK	B	0.05%
IOT	B	0.05%
VEEV	B	0.05%
PPG	D	0.05%
EBAY	C	0.05%
JBHT	B	0.04%
HOLX	D	0.04%
CMS	B	0.04%
MT	D	0.04%
CFG	B	0.04%
MPWR	F	0.04%
CTRA	B	0.04%
FOX	B	0.04%
MDB	C	0.04%
PTC	A	0.04%
CNP	A	0.04%
DKNG	C	0.04%
INVH	D	0.04%
WDC	C	0.04%
STLD	B	0.04%
STX	D	0.04%
PFG	C	0.04%
TYL	A	0.04%
STM	F	0.04%
ES	D	0.04%
MKC	D	0.04%
IFF	D	0.04%
BIIB	F	0.04%
GFS	C	0.04%
TSN	B	0.04%
NTRS	A	0.04%
LDOS	D	0.04%
EL	F	0.04%
FE	D	0.04%
RF	B	0.04%
PHG	D	0.04%
ANSS	B	0.04%
WBD	C	0.04%
DVN	F	0.04%
AWK	D	0.04%
ROL	A	0.04%
CQP	B	0.04%
HUBS	B	0.04%
ADM	D	0.04%
HBAN	B	0.04%
SW	B	0.03%
AVY	D	0.03%
TXT	D	0.03%
ERIE	D	0.03%
CSL	B	0.03%
HOOD	B	0.03%
DG	F	0.03%
HRL	D	0.03%
MAS	D	0.03%
TDY	B	0.03%
UAL	B	0.03%
MAA	B	0.03%
FDS	B	0.03%
DRI	B	0.03%
CRBG	B	0.03%
OMC	C	0.03%
CLX	C	0.03%
L	A	0.03%
WLK	F	0.03%
SMCI	F	0.03%
TER	D	0.03%
BBY	D	0.03%
ARE	D	0.03%
BLDR	D	0.03%
PINS	D	0.03%
ILMN	C	0.03%
J	D	0.03%
CHKP	D	0.03%
WSO	B	0.03%
LUV	C	0.03%
BALL	D	0.03%
WMG	C	0.02%
YUMC	C	0.02%
LH	B	0.02%
SNAP	C	0.02%
WRB	A	0.02%
PKG	A	0.02%
KEY	B	0.02%
JBL	C	0.02%
CF	B	0.02%
CHWY	C	0.02%
EQT	B	0.02%
IP	B	0.02%
ESS	B	0.02%
RS	B	0.02%
DLTR	D	0.02%
LPLA	A	0.02%
WSM	B	0.02%
EXPD	D	0.02%
MRNA	F	0.02%
EG	C	0.02%
SUI	D	0.02%
AMCR	D	0.02%
AVTR	D	0.02%
CELH	F	0.01%
IEP	F	0.01%
MOS	F	0.01%
SJM	C	0.01%
FMC	D	0.01%
ENPH	F	0.01%
U	C	0.01%
AAL	B	0.01%
SIRI	C	0.01%
RIVN	D	0.01%
OKTA	C	0.01%
LKQ	D	0.01%
MGM	F	0.01%
LW	C	0.01%
EXAS	D	0.01%
SWKS	D	0.01%
WPC	D	0.01%
CPB	D	0.01%
AKAM	D	0.01%
AGR	B	0.01%
BSY	D	0.01%
BMRN	D	0.01%
CAG	D	0.01%
DT	C	0.01%
CNH	B	0.01%
TRMB	B	0.01%
ALB	C	0.01%
RVTY	D	0.01%
IEX	B	0.01%
MRO	B	0.01%
FTRE	C	0.0%
LCID	F	0.0%

RVRB Underweight 168 Positions Relative to OPTZ

Symbol	Grade	Weight
TTMI	B	-1.36%
FFIV	A	-1.25%
QLYS	C	-1.22%
BHE	B	-1.2%
ITRI	B	-1.19%
WIX	A	-1.15%
INFN	D	-1.11%
VZIO	A	-1.04%
DJT	C	-0.93%
LUMN	C	-0.83%
CRUS	D	-0.8%
IDCC	A	-0.78%
ACLS	F	-0.78%
RNG	B	-0.72%
EAT	A	-0.55%
AMC	C	-0.54%
NPAB	B	-0.52%
WWW	B	-0.48%
NCLH	B	-0.48%
HBI	B	-0.42%
WOOF	D	-0.42%
UNFI	B	-0.41%
RL	B	-0.39%
SIG	B	-0.39%
DECK	B	-0.39%
WHR	B	-0.37%
ANF	C	-0.36%
SBH	B	-0.36%
WYNN	D	-0.36%
BZH	B	-0.35%
PCT	C	-0.34%
FIVE	F	-0.34%
DPZ	B	-0.34%
PVH	C	-0.34%
ALV	C	-0.33%
TAP	C	-0.32%
CHDN	C	-0.32%
YETI	C	-0.31%
ENR	B	-0.31%
LC	B	-0.28%
LEA	D	-0.28%
LNW	D	-0.28%
DOLE	D	-0.27%
ODP	F	-0.27%
AX	B	-0.26%
DAN	D	-0.26%
CAL	D	-0.25%
CROX	F	-0.24%
BHF	B	-0.24%
AGO	B	-0.23%
EWTX	C	-0.23%
AIZ	A	-0.23%
PRG	B	-0.22%
SIGI	B	-0.22%
COOP	B	-0.22%
LBPH	A	-0.22%
NATL	B	-0.21%
GL	C	-0.21%
BFH	B	-0.21%
LDI	D	-0.2%
STRL	B	-0.2%
MKTX	D	-0.2%
CME	A	-0.2%
CRS	A	-0.2%
GATO	D	-0.2%
RNR	C	-0.2%
ZIM	C	-0.2%
NAVI	D	-0.19%
ACGL	D	-0.19%
PMT	D	-0.19%
CBOE	B	-0.19%
FIX	A	-0.18%
EME	B	-0.18%
GTLS	A	-0.18%
XPO	B	-0.18%
LPX	B	-0.18%
EXP	B	-0.18%
SKYW	A	-0.18%
HQY	B	-0.17%
JBLU	F	-0.17%
AVNT	B	-0.17%
HASI	D	-0.17%
PEN	B	-0.16%
EMN	D	-0.16%
DOCU	B	-0.16%
PCTY	B	-0.16%
AIT	A	-0.16%
ACHR	B	-0.16%
VERA	B	-0.16%
GNRC	B	-0.16%
ESTC	C	-0.15%
GFF	B	-0.15%
PEGA	A	-0.15%
JAZZ	B	-0.15%
TPC	C	-0.15%
SAIA	B	-0.15%
CLOV	D	-0.15%
PNR	A	-0.15%
PHIN	B	-0.14%
THC	D	-0.14%
STGW	A	-0.14%
MRC	B	-0.14%
LECO	C	-0.14%
UTHR	B	-0.14%
LIVN	F	-0.14%
AKRO	C	-0.14%
REVG	B	-0.14%
DVA	A	-0.14%
BV	B	-0.13%
NBIX	C	-0.13%
SAVA	F	-0.13%
OSK	B	-0.13%
PBI	B	-0.13%
WWD	B	-0.13%
ASH	F	-0.13%
MANH	C	-0.13%
AHCO	D	-0.12%
SHC	F	-0.12%
AOS	F	-0.12%
KRYS	B	-0.12%
ETNB	C	-0.12%
DAWN	F	-0.12%
COGT	D	-0.11%
SRPT	C	-0.11%
SNDX	D	-0.11%
KURA	F	-0.11%
VNO	B	-0.11%
UHS	D	-0.11%
DYN	F	-0.11%
UNIT	B	-0.1%
RHP	B	-0.1%
CGEM	F	-0.1%
LNTH	D	-0.1%
EXPI	C	-0.1%
OMI	F	-0.1%
HII	D	-0.09%
CPT	A	-0.09%
PEB	D	-0.09%
NEXT	C	-0.09%
ELS	B	-0.09%
PK	B	-0.09%
LAMR	C	-0.09%
SBRA	B	-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%
PRIM	B	-0.08%
KNTK	C	-0.07%
BKD	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%
EIX	A	-0.05%
VAL	F	-0.05%
APA	F	-0.05%
WFRD	F	-0.05%
DK	C	-0.05%
SWX	B	-0.05%
NFE	D	-0.04%
HE	C	-0.04%