SPUS vs. OPTZ ETF Comparison

Comparison of SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) to Optimize Strategy Index ETF (OPTZ)

SPUS

SP Funds S&P 500 Sharia Industry Exclusions ETF

SPUS Description

The investment seeks to track the performance, before fees and expenses, of the S&P 500 Shariah Industry Exclusions Index. The index is composed of the constituents of the S&P 500® Shariah Index other than those from the following sub-industries: Aerospace & Defense, Financial Exchanges & Data, and Data Processing & Outsourced Services. The manager attempts to invest all, or substantially all, of its assets in the component securities that make up the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$42.49

Average Daily Volume

187,591

Number of Holdings ^*

223

* 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

$31.04

Average Daily Volume

7,221

Number of Holdings ^*

321

* may have additional holdings in another (foreign) market

Performance

Period	SPUS	OPTZ
30 Days	1.91%	8.47%
60 Days	2.94%	9.68%
90 Days	3.81%	11.36%
12 Months	29.89%

71 Overlapping Holdings

Symbol	Grade	Weight in SPUS	Weight in OPTZ	Overlap
AAPL	C	11.07%	1.06%	1.06%
ADBE	C	0.7%	0.11%	0.11%
ALGN	D	0.05%	0.13%	0.05%
AMAT	F	0.45%	1.0%	0.45%
AMD	F	0.71%	1.03%	0.71%
AMZN	C	6.03%	0.38%	0.38%
ANET	C	0.31%	1.24%	0.31%
AOS	F	0.03%	0.12%	0.03%
APD	A	0.23%	0.18%	0.18%
APTV	D	0.04%	0.25%	0.04%
BKR	B	0.14%	0.07%	0.07%
CAH	B	0.09%	0.14%	0.09%
CDNS	B	0.26%	1.21%	0.26%
CEG	D	0.23%	0.07%	0.07%
CHD	B	0.09%	0.3%	0.09%
CL	D	0.24%	0.25%	0.24%
COR	B	0.14%	0.14%	0.14%
CPT	B	0.04%	0.09%	0.04%
CRM	B	1.0%	1.37%	1.0%
DECK	A	0.09%	0.39%	0.09%
ECL	D	0.19%	0.15%	0.15%
EFX	F	0.1%	0.11%	0.1%
EQIX	A	0.28%	0.1%	0.1%
ETN	A	0.46%	0.15%	0.15%
FFIV	B	0.04%	1.25%	0.04%
FSLR	F	0.06%	0.96%	0.06%
GNRC	B	0.03%	0.16%	0.03%
GPC	D	0.05%	0.29%	0.05%
GRMN	B	0.1%	0.37%	0.1%
HON	B	0.47%	0.15%	0.15%
HUBB	B	0.08%	0.15%	0.08%
IDXX	F	0.11%	0.11%	0.11%
INCY	C	0.04%	0.16%	0.04%
ISRG	A	0.61%	0.15%	0.15%
LIN	D	0.69%	0.14%	0.14%
LOW	D	0.48%	0.35%	0.35%
LULU	C	0.11%	0.39%	0.11%
META	D	3.93%	0.65%	0.65%
MLM	B	0.11%	0.17%	0.11%
MOH	F	0.05%	0.12%	0.05%
MSI	B	0.26%	1.18%	0.26%
NOW	A	0.67%	1.27%	0.67%
NVDA	C	11.41%	1.44%	1.44%
ORLY	B	0.22%	0.34%	0.22%
PAYC	B	0.03%	0.18%	0.03%
PEP	F	0.69%	0.26%	0.26%
PH	A	0.28%	0.15%	0.15%
PNR	A	0.05%	0.15%	0.05%
PODD	C	0.06%	0.15%	0.06%
PWR	A	0.16%	0.16%	0.16%
RL	B	0.03%	0.39%	0.03%
ROP	B	0.19%	1.0%	0.19%
ROST	C	0.15%	0.29%	0.15%
RSG	A	0.14%	0.12%	0.12%
SHW	A	0.27%	0.16%	0.16%
SLB	C	0.2%	0.06%	0.06%
SNPS	B	0.26%	1.16%	0.26%
STE	F	0.07%	0.12%	0.07%
SYK	C	0.42%	0.14%	0.14%
TGT	F	0.18%	0.28%	0.18%
TMO	F	0.62%	0.11%	0.11%
TSLA	B	3.02%	0.49%	0.49%
TT	A	0.3%	0.15%	0.15%
ULTA	F	0.05%	0.3%	0.05%
VMC	B	0.12%	0.18%	0.12%
VRSN	F	0.05%	1.03%	0.05%
WAB	B	0.11%	0.15%	0.11%
WST	C	0.07%	0.14%	0.07%
WY	D	0.07%	0.09%	0.07%
XYL	D	0.09%	0.12%	0.09%
ZBH	C	0.07%	0.14%	0.07%

SPUS Overweight 152 Positions Relative to OPTZ

Symbol	Grade	Weight
MSFT	F	9.82%
GOOGL	C	3.28%
GOOG	C	2.71%
AVGO	D	2.42%
LLY	F	1.89%
XOM	B	1.7%
PG	A	1.28%
HD	A	1.26%
JNJ	D	1.17%
ABBV	D	0.94%
MRK	F	0.79%
CSCO	B	0.74%
ACN	C	0.71%
ABT	B	0.64%
TXN	C	0.58%
QCOM	F	0.55%
BKNG	A	0.53%
DHR	F	0.48%
UBER	D	0.46%
UNP	C	0.45%
TJX	A	0.43%
COP	C	0.42%
BSX	B	0.42%
PANW	C	0.4%
MU	D	0.35%
GILD	C	0.35%
PLD	D	0.34%
MDT	D	0.34%
ADI	D	0.33%
UPS	C	0.31%
LRCX	F	0.29%
NKE	D	0.28%
APH	A	0.27%
MDLZ	F	0.27%
MCK	B	0.26%
KLAC	D	0.26%
EOG	A	0.25%
REGN	F	0.25%
WM	A	0.25%
EMR	A	0.24%
CTAS	B	0.24%
ITW	B	0.23%
MMM	D	0.22%
ADSK	A	0.21%
CSX	B	0.21%
FCX	D	0.2%
BDX	F	0.2%
NSC	B	0.19%
FTNT	C	0.19%
JCI	C	0.18%
NXPI	D	0.18%
FICO	B	0.18%
AZO	C	0.17%
GWW	B	0.17%
NEM	D	0.16%
CMI	A	0.16%
KMB	D	0.15%
FAST	B	0.15%
DHI	D	0.15%
CPRT	A	0.15%
AME	A	0.14%
VLO	C	0.14%
KVUE	A	0.14%
IT	C	0.13%
OTIS	C	0.13%
ODFL	B	0.13%
CTVA	C	0.13%
HES	B	0.13%
IR	B	0.13%
EW	C	0.13%
GLW	B	0.12%
A	D	0.12%
MNST	C	0.12%
CTSH	B	0.12%
GEHC	F	0.12%
DD	D	0.11%
MCHP	D	0.11%
NUE	C	0.11%
RMD	C	0.11%
GIS	D	0.11%
HPQ	B	0.11%
KDP	D	0.11%
ANSS	B	0.1%
DXCM	D	0.1%
ROK	B	0.1%
AVB	B	0.1%
DOV	A	0.09%
MPWR	F	0.09%
HAL	C	0.09%
PPG	F	0.09%
ON	D	0.09%
KEYS	A	0.09%
TSCO	D	0.09%
EBAY	D	0.09%
DVN	F	0.08%
MTD	D	0.08%
EQR	B	0.08%
NTAP	C	0.08%
ADM	D	0.08%
TYL	B	0.08%
HSY	F	0.08%
VLTO	D	0.08%
FTV	C	0.08%
PHM	D	0.08%
STLD	B	0.07%
CLX	B	0.07%
WAT	B	0.07%
K	A	0.07%
PKG	A	0.07%
PTC	A	0.07%
BIIB	F	0.07%
CDW	F	0.07%
HOLX	D	0.06%
MAA	B	0.06%
MKC	D	0.06%
ZBRA	B	0.06%
CTRA	B	0.06%
LH	C	0.06%
BLDR	D	0.06%
JBL	B	0.05%
JBHT	C	0.05%
EL	F	0.05%
AVY	D	0.05%
CF	B	0.05%
J	F	0.05%
EXPD	D	0.05%
MAS	D	0.05%
IEX	B	0.05%
TER	D	0.05%
BBY	D	0.05%
TRMB	B	0.05%
JNPR	F	0.04%
ALLE	D	0.04%
CHRW	C	0.04%
ALB	C	0.04%
SMCI	F	0.04%
SWKS	F	0.04%
AKAM	D	0.04%
EPAM	C	0.04%
NDSN	B	0.04%
POOL	C	0.04%
ROL	B	0.04%
MOS	F	0.03%
ENPH	F	0.03%
TFX	F	0.03%
HSIC	B	0.03%
CRL	C	0.03%
LKQ	D	0.03%
TECH	D	0.03%
LW	C	0.03%
QRVO	F	0.02%
MHK	D	0.02%

SPUS Underweight 250 Positions Relative to OPTZ

Symbol	Grade	Weight
APP	B	-2.03%
CRWD	B	-1.37%
TTMI	B	-1.36%
INTC	D	-1.31%
DELL	C	-1.29%
GDDY	A	-1.27%
QLYS	C	-1.22%
BHE	B	-1.2%
ITRI	B	-1.19%
WIX	B	-1.15%
INFN	C	-1.11%
VZIO	A	-1.04%
BAH	F	-1.02%
IBM	C	-1.02%
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%
CMCSA	B	-0.64%
T	A	-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%
COIN	C	-0.42%
HBI	B	-0.42%
WOOF	D	-0.42%
UNFI	A	-0.41%
SIG	B	-0.39%
MAR	B	-0.39%
LVS	C	-0.38%
WHR	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%
DKS	C	-0.29%
COST	B	-0.29%
LC	A	-0.28%
LEA	D	-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%
CVS	D	-0.26%
GS	A	-0.25%
KKR	A	-0.25%
FI	A	-0.25%
AMP	A	-0.25%
CAL	D	-0.25%
BG	F	-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%
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	B	-0.21%
PGR	A	-0.21%
AXON	A	-0.21%
VRT	B	-0.21%
AER	B	-0.21%
BFH	B	-0.21%
MSCI	C	-0.21%
BRO	B	-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%
HIG	B	-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%
DAL	C	-0.19%
PMT	D	-0.19%
CBOE	B	-0.19%
CB	C	-0.19%
FIX	A	-0.18%
EME	C	-0.18%
GTLS	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%
HASI	D	-0.17%
PEN	B	-0.16%
EMN	D	-0.16%
DOCU	A	-0.16%
PCTY	B	-0.16%
AIT	A	-0.16%
ACHR	B	-0.16%
VERA	B	-0.16%
ESTC	C	-0.15%
GFF	A	-0.15%
PCAR	B	-0.15%
PEGA	A	-0.15%
JAZZ	B	-0.15%
URI	B	-0.15%
TPC	C	-0.15%
SAIA	B	-0.15%
CLOV	D	-0.15%
PHIN	A	-0.14%
THC	D	-0.14%
STGW	B	-0.14%
MRC	B	-0.14%
DGX	A	-0.14%
LECO	B	-0.14%
UTHR	C	-0.14%
LIVN	F	-0.14%
AKRO	B	-0.14%
REVG	B	-0.14%
DVA	B	-0.14%
CAT	B	-0.14%
UNH	C	-0.13%
WDAY	B	-0.13%
BV	B	-0.13%
VRSK	A	-0.13%
FDX	B	-0.13%
NBIX	C	-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%
MANH	D	-0.13%
AHCO	F	-0.12%
SHC	F	-0.12%
KRYS	B	-0.12%
RPRX	D	-0.12%
ETNB	C	-0.12%
DAWN	F	-0.12%
IQV	D	-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%
BA	F	-0.11%
UHS	D	-0.11%
DYN	F	-0.11%
UNIT	B	-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%
PEB	D	-0.09%
NEXT	B	-0.09%
ELS	C	-0.09%
PK	B	-0.09%
CE	F	-0.09%
LAMR	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%
KNTK	B	-0.07%
WMB	A	-0.07%
BKD	D	-0.07%
AMT	D	-0.07%
TRGP	B	-0.07%
DTM	B	-0.07%
ATO	A	-0.06%
WKC	D	-0.06%
ETR	B	-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%
DTE	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%