FTLS vs. OPTZ ETF Comparison

Comparison of First Trust Long/Short Equity (FTLS) to Optimize Strategy Index ETF (OPTZ)
FTLS

First Trust Long/Short Equity

FTLS Description

The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$65.59

Average Daily Volume

128,344

Number of Holdings *

384

* 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

$30.63

Average Daily Volume

6,418

Number of Holdings *

321

* may have additional holdings in another (foreign) market
Performance
Period FTLS OPTZ
30 Days 1.17% 5.82%
60 Days 4.53% 8.59%
90 Days 3.65% 9.87%
12 Months 20.51%
84 Overlapping Holdings
Symbol Grade Weight in FTLS Weight in OPTZ Overlap
AAPL C 7.44% 1.06% 1.06%
AER A -0.02% 0.21% -0.02%
AIZ A 0.22% 0.23% 0.22%
ALL A 0.88% 0.21% 0.21%
AMAT F -0.04% 1.0% -0.04%
AMD F -0.03% 1.03% -0.03%
AMZN C 2.74% 0.38% 0.38%
APD A -0.7% 0.18% -0.7%
APO B -0.04% 0.31% -0.04%
AVNT B 0.07% 0.17% 0.07%
BA F -0.07% 0.11% -0.07%
BFH C 0.13% 0.21% 0.13%
BKR A -0.13% 0.07% -0.13%
BURL B -0.03% 0.33% -0.03%
CDNS B -0.69% 1.21% -0.69%
CL D 1.17% 0.25% 0.25%
CMCSA B -0.65% 0.64% -0.65%
CME B 1.57% 0.2% 0.2%
CROX D 0.44% 0.24% 0.24%
CRS B 0.34% 0.2% 0.2%
DIS B -0.73% 0.77% -0.73%
EA A -0.02% 0.66% -0.02%
EAT A 0.65% 0.55% 0.55%
EFX F -0.19% 0.11% -0.19%
ENR B -0.04% 0.31% -0.04%
ETN A -0.58% 0.15% -0.58%
EXP B 0.35% 0.18% 0.18%
FDX B 1.69% 0.13% 0.13%
FFIV B 0.4% 1.25% 0.4%
FSLR F -0.02% 0.96% -0.02%
GFF A 0.13% 0.15% 0.13%
GL C 0.41% 0.21% 0.21%
GPC D -0.1% 0.29% -0.1%
HII F -0.11% 0.09% -0.11%
HON C -0.02% 0.15% -0.02%
HQY A -0.13% 0.17% -0.13%
IDCC B -0.07% 0.78% -0.07%
INTC C -0.15% 1.31% -0.15%
ISRG A -0.32% 0.15% -0.32%
JAZZ B 0.31% 0.15% 0.15%
LIN C -0.59% 0.14% -0.59%
LOW C 2.16% 0.35% 0.35%
LPX B 0.31% 0.18% 0.18%
MCD D -0.41% 0.32% -0.41%
META D 1.77% 0.65% 0.65%
MLM C -0.46% 0.17% -0.46%
MSI B -0.43% 1.18% -0.43%
NFLX A -0.15% 0.73% -0.15%
NOW A -0.35% 1.27% -0.35%
NVDA B 4.84% 1.44% 1.44%
OSK C -0.03% 0.13% -0.03%
PCAR B -0.22% 0.15% -0.22%
PEP F -0.57% 0.26% -0.57%
PH A 1.64% 0.15% 0.15%
PNR A 0.56% 0.15% 0.15%
RCL A -0.04% 0.47% -0.04%
RDFN D 0.08% 0.08% 0.08%
REVG C 0.07% 0.14% 0.07%
RL C 0.67% 0.39% 0.39%
RPRX D 0.23% 0.12% 0.12%
SAIA B -0.02% 0.15% -0.02%
SIGI C 0.13% 0.22% 0.13%
SKYW C 0.15% 0.18% 0.15%
SLB C -0.12% 0.06% -0.12%
SNPS B -0.29% 1.16% -0.29%
STE D -0.13% 0.12% -0.13%
STZ D -0.04% 0.27% -0.04%
SYK B -0.17% 0.14% -0.17%
TMO F -0.03% 0.11% -0.03%
TMUS B 2.32% 0.72% 0.72%
TRV B 1.05% 0.22% 0.22%
TSLA B -0.32% 0.49% -0.32%
UHS D 0.19% 0.11% 0.11%
UNH B -0.4% 0.13% -0.4%
URI C -0.2% 0.15% -0.2%
VAL F -0.06% 0.05% -0.06%
VMC B -0.16% 0.18% -0.16%
VRSK A -0.55% 0.13% -0.55%
VRSN C 0.45% 1.03% 0.45%
WHD B 0.21% 0.06% 0.06%
WMB A 0.07% 0.07% 0.07%
WST C -0.06% 0.14% -0.06%
ZBH C -0.36% 0.14% -0.36%
ZIM C 0.44% 0.2% 0.2%
FTLS Overweight 300 Positions Relative to OPTZ
Symbol Grade Weight
MSFT D 4.45%
SCHW B 2.26%
C A 2.18%
ACN B 2.11%
PM B 1.92%
QCOM F 1.88%
JNJ C 1.85%
MO A 1.51%
VLO C 1.43%
GOOGL C 1.4%
MPC D 1.37%
USB A 1.35%
KMI A 1.23%
LNG A 1.19%
GOOG C 1.17%
BRK.A B 1.13%
ILMN C 1.13%
CTAS B 1.09%
AVGO D 1.06%
TFC A 1.02%
FIS C 1.0%
HPQ B 1.0%
HWM A 0.97%
JPM A 0.93%
LLY F 0.84%
SYY D 0.83%
FANG C 0.83%
SYF B 0.79%
NTAP C 0.75%
PBR D 0.73%
JBL C 0.73%
TWLO A 0.72%
AFL B 0.7%
TOL B 0.65%
CSL C 0.6%
CF A 0.55%
NVR D 0.55%
INSM C 0.54%
VLTO C 0.49%
BJ A 0.47%
MAS D 0.46%
GEN B 0.45%
OKTA C 0.45%
FLEX B 0.44%
NTRS A 0.42%
NVS F 0.41%
VICI C 0.4%
PENN C 0.4%
SWK D 0.4%
CAG F 0.38%
DBX B 0.36%
SNA A 0.33%
TKO A 0.32%
WRB A 0.32%
TTC C 0.31%
AYI B 0.29%
CCK D 0.29%
ALLY C 0.29%
PI D 0.27%
ASO F 0.27%
SPYV A 0.26%
SCHV A 0.26%
IWD A 0.26%
EWBC A 0.25%
CNK C 0.24%
KNSL B 0.22%
SAM C 0.21%
ALSN B 0.2%
MGY A 0.2%
MSM C 0.2%
COLB B 0.19%
HRB D 0.19%
EXEL B 0.19%
THO B 0.18%
PNFP B 0.17%
ALKS C 0.17%
GLBE B 0.17%
ADMA B 0.17%
CALM A 0.16%
UMBF B 0.16%
STNG F 0.16%
TWST F 0.16%
SFM A 0.16%
ORI A 0.15%
MATX C 0.15%
PRI B 0.15%
CRC A 0.15%
GM C 0.14%
AXS A 0.14%
CSWI B 0.13%
PAA B 0.13%
GMS B 0.13%
CBSH B 0.13%
CBT D 0.13%
LEG F 0.13%
LOGI D 0.13%
FTDR B 0.12%
SMPL B 0.12%
ZWS B 0.12%
VRNA B 0.12%
MTG C 0.12%
TCBI C 0.11%
AM A 0.11%
ENLC A 0.11%
HESM B 0.11%
OPCH D 0.11%
PPC C 0.11%
BFAM D 0.11%
WGO C 0.11%
KRG B 0.11%
TBBK B 0.1%
LOPE C 0.1%
THG A 0.1%
MMS F 0.1%
ABM B 0.1%
NSA C 0.1%
ESNT F 0.09%
KFY B 0.09%
PRGS A 0.09%
DBRG F 0.09%
CARG B 0.09%
VCYT B 0.09%
CUBI B 0.09%
LCII C 0.09%
YOU D 0.09%
GRBK D 0.09%
EXTR C 0.09%
GBCI B 0.09%
LANC C 0.08%
UBSI B 0.08%
TXG F 0.08%
EPR C 0.08%
KMPR A 0.08%
BOH B 0.08%
FOLD F 0.08%
RLI A 0.08%
PAYO A 0.08%
NMIH C 0.07%
EBC B 0.07%
BCRX D 0.07%
FHB B 0.07%
PBH A 0.07%
PLXS B 0.07%
HAYW B 0.07%
AZZ A 0.07%
ICFI F 0.06%
ADUS D 0.06%
WFG C 0.06%
BRC D 0.06%
OTEX F 0.06%
PLMR A 0.06%
AUB B 0.06%
ROIC A 0.06%
SUPN C 0.06%
MQ D 0.06%
COLL F 0.05%
TRMD F 0.05%
GSL F 0.05%
AMPH F 0.05%
CDNA D 0.04%
MYGN F 0.04%
VSAT F -0.01%
VIST B -0.02%
CBU B -0.02%
AMRK F -0.02%
GPRE F -0.02%
RXST F -0.02%
DNB B -0.02%
COTY F -0.02%
HLN C -0.02%
KD B -0.02%
RIVN F -0.02%
FRO D -0.02%
LKFN C -0.02%
COHR B -0.02%
UWMC D -0.02%
WOLF F -0.02%
IBOC B -0.02%
NVEE F -0.02%
CVX A -0.02%
RUN F -0.02%
ENS F -0.02%
ARM F -0.02%
ASPN F -0.02%
BE B -0.03%
UTZ D -0.03%
HHH B -0.03%
PRCT B -0.03%
WMT A -0.03%
PAR A -0.03%
ICHR C -0.03%
CNNE B -0.03%
GE D -0.03%
GKOS B -0.03%
BVN D -0.03%
SDGR C -0.03%
NEOG F -0.03%
OSIS A -0.03%
NWSA A -0.03%
RDY F -0.03%
CLH C -0.03%
PSMT D -0.03%
ARLO C -0.03%
AMRC F -0.03%
AZTA D -0.03%
DIOD D -0.03%
SLGN A -0.03%
FAST B -0.03%
BIRK D -0.03%
CTRA B -0.04%
GATX A -0.04%
ATEC C -0.04%
CFLT B -0.04%
EQT B -0.04%
ERJ A -0.04%
FFIN B -0.04%
TFIN B -0.04%
MARA B -0.04%
IRTC C -0.04%
CRDO B -0.04%
APPN B -0.04%
RH C -0.04%
ALB B -0.04%
LMND B -0.05%
SOFI B -0.05%
AEO F -0.05%
ACVA B -0.05%
ACIW B -0.05%
VRRM F -0.05%
UPST B -0.05%
LYFT C -0.05%
DLB B -0.06%
CDW F -0.06%
COP C -0.06%
TTD B -0.06%
ZD B -0.06%
MSA F -0.06%
VNT C -0.07%
KTOS B -0.07%
MMYT B -0.07%
MUFG B -0.07%
SSB B -0.07%
SE A -0.07%
AVY F -0.07%
AVAV C -0.07%
HCA F -0.07%
MAT D -0.08%
CCOI B -0.08%
NSIT F -0.08%
NXPI D -0.08%
R B -0.09%
TRMB B -0.09%
DY D -0.09%
STM F -0.1%
VVV D -0.1%
ING F -0.1%
ARGX B -0.11%
HAE C -0.11%
KEYS A -0.12%
ABT B -0.14%
PKG A -0.15%
TM F -0.15%
ASX D -0.15%
IPG D -0.16%
MU D -0.16%
INFY C -0.16%
GSK F -0.16%
GWRE A -0.2%
BWXT B -0.2%
FMX F -0.2%
HSBC A -0.21%
DEO F -0.22%
CCEP C -0.23%
PANW B -0.25%
KR B -0.25%
TYL B -0.25%
GEHC D -0.26%
PG C -0.26%
SAP B -0.27%
OMC C -0.27%
NSC B -0.27%
BABA D -0.28%
MMM D -0.3%
WAT C -0.3%
UL D -0.3%
LMT D -0.32%
MDLZ F -0.33%
TTWO A -0.33%
CMI A -0.36%
TXN C -0.36%
BK A -0.37%
HDB C -0.38%
ASML F -0.41%
ORCL A -0.41%
XOM B -0.45%
WM B -0.47%
DE B -0.48%
PNC B -0.51%
GD D -0.52%
PAYX B -0.57%
FTLS Underweight 237 Positions Relative to OPTZ
Symbol Grade Weight
APP B -2.03%
CRWD B -1.37%
CRM B -1.37%
TTMI C -1.36%
DELL B -1.29%
GDDY A -1.27%
ANET C -1.24%
QLYS B -1.22%
BHE C -1.2%
ITRI C -1.19%
WIX A -1.15%
INFN D -1.11%
VZIO A -1.04%
BAH F -1.02%
IBM C -1.02%
ROP B -1.0%
DJT C -0.93%
LUMN C -0.83%
CRUS D -0.8%
ACLS F -0.78%
RNG C -0.72%
ZM C -0.71%
T A -0.64%
CVNA B -0.55%
AMC C -0.54%
NPAB F -0.52%
WWW A -0.48%
NCLH B -0.48%
COIN C -0.42%
HBI B -0.42%
WOOF D -0.42%
UNFI A -0.41%
LULU C -0.39%
SIG B -0.39%
MAR A -0.39%
DECK 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%
PCT C -0.34%
FIVE F -0.34%
DPZ C -0.34%
PVH C -0.34%
ORLY B -0.34%
ALV C -0.33%
TAP C -0.32%
CHDN B -0.32%
YETI D -0.31%
ETSY D -0.3%
CHD A -0.3%
ULTA F -0.3%
ROST D -0.29%
DKS 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%
ODP F -0.27%
AX B -0.26%
DAN D -0.26%
CVS D -0.26%
APTV F -0.25%
GS A -0.25%
KKR A -0.25%
FI A -0.25%
AMP A -0.25%
CAL F -0.25%
BG D -0.25%
TROW B -0.24%
ARES A -0.24%
AXP A -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%
CPAY A -0.23%
PRG 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%
NATL B -0.21%
PGR A -0.21%
AXON A -0.21%
VRT B -0.21%
MSCI C -0.21%
BRO B -0.21%
LDI C -0.2%
ICE C -0.2%
STRL A -0.2%
MKTX D -0.2%
SPGI C -0.2%
HIG B -0.2%
MCO B -0.2%
GATO C -0.2%
RNR 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%
EME A -0.18%
GTLS A -0.18%
PAYC B -0.18%
XPO B -0.18%
JBLU F -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%
PWR A -0.16%
AIT B -0.16%
ACHR B -0.16%
INCY C -0.16%
VERA C -0.16%
GNRC C -0.16%
ECL D -0.15%
HUBB B -0.15%
ESTC C -0.15%
TT A -0.15%
PEGA B -0.15%
WAB B -0.15%
TPC C -0.15%
PODD C -0.15%
CLOV D -0.15%
PHIN A -0.14%
THC D -0.14%
STGW A -0.14%
COR B -0.14%
MRC B -0.14%
DGX A -0.14%
LECO C -0.14%
UTHR C -0.14%
CAH B -0.14%
LIVN F -0.14%
AKRO B -0.14%
DVA C -0.14%
CAT B -0.14%
WDAY B -0.13%
BV C -0.13%
ALGN D -0.13%
NBIX C -0.13%
VRTX D -0.13%
SAVA 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%
XYL D -0.12%
RSG A -0.12%
ETNB C -0.12%
DAWN D -0.12%
IQV F -0.11%
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%
ADBE C -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 A -0.1%
LNTH D -0.1%
EXPI D -0.1%
CBRE B -0.1%
OMI F -0.1%
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%
SBAC D -0.08%
EGP D -0.08%
TDW F -0.08%
ICLR D -0.08%
PRIM A -0.08%
CEG C -0.07%
KNTK 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%
OII B -0.06%
FTI A -0.06%
SANA F -0.06%
NRG B -0.06%
EIX B -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%
AES F -0.04%
NFE D -0.04%
HE C -0.04%
Compare ETFs