OPTZ vs. CCSO ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to Carbon Collective Climate Solutions U.S. Equity ETF (CCSO)

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

$30.04

Average Daily Volume

6,455

Number of Holdings ^*

320

* may have additional holdings in another (foreign) market

CCSO

Carbon Collective Climate Solutions U.S. Equity ETF

CCSO Description

Tidal ETF Trust II - Carbon Collective Climate Solutions U.S. Equity ETF is an exchange traded fund launched and managed by Toroso Investments, LLC. The fund is co-managed by Carbon Collective Investing, Llc. It invests in public equity markets. The fund invests in stocks of companies operating across industrials, capital goods, electrical equipment, electrical components and equipment, batteries, utilities, independent power and renewable electricity producers, renewable electricity, alternative energy resources, biofuels, water utilities, climate solution companies including alternative refrigerants, biomass power, building automation systems, green utility, waste management, carbon capture and sequestration, plant-based diet companies sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that directly promote environmental responsibility. Tidal ETF Trust II - Carbon Collective Climate Solutions U.S. Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$21.21

Average Daily Volume

2,870

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

Performance

Period	OPTZ	CCSO
30 Days	2.56%	1.78%
60 Days	6.52%	7.31%
90 Days	8.53%	11.33%
12 Months		18.74%

11 Overlapping Holdings

Symbol	Grade	Weight in OPTZ	Weight in CCSO	Overlap
ACHR	B	0.15%	0.15%	0.15%
DOCU	B	0.16%	1.91%	0.16%
FIX	A	0.18%	1.93%	0.18%
FSLR	F	0.95%	2.57%	0.95%
HASI	F	0.18%	0.46%	0.18%
ITRI	B	1.24%	0.67%	0.67%
NVRI	F	0.08%	0.07%	0.07%
PCT	C	0.35%	0.25%	0.25%
PWR	A	0.16%	5.51%	0.16%
TSLA	A	0.48%	5.9%	0.48%
ZM	B	0.69%	3.01%	0.69%

OPTZ Overweight 309 Positions Relative to CCSO

Symbol	Grade	Weight
APP	A	1.97%
NVDA	A	1.46%
TTMI	B	1.43%
INTC	C	1.37%
CRM	B	1.32%
CRWD	B	1.3%
BHE	B	1.29%
ANET	C	1.29%
DELL	B	1.28%
QLYS	C	1.26%
NOW	B	1.24%
FFIV	B	1.23%
BAH	D	1.22%
CDNS	B	1.22%
SNPS	C	1.21%
GDDY	A	1.2%
MSI	B	1.18%
AMD	F	1.1%
AMAT	F	1.1%
WIX	A	1.08%
INFN	D	1.08%
IBM	C	1.04%
AAPL	C	1.04%
DJT	C	1.03%
VZIO	A	1.02%
VRSN	F	1.02%
ROP	C	1.01%
LUMN	C	0.9%
ACLS	F	0.88%
CRUS	F	0.8%
IDCC	B	0.76%
RNG	C	0.74%
TMUS	B	0.7%
NFLX	A	0.68%
META	C	0.67%
DIS	B	0.64%
EA	A	0.63%
CMCSA	B	0.63%
T	A	0.61%
CVNA	A	0.55%
EAT	A	0.52%
AMC	D	0.5%
NCLH	B	0.48%
WWW	A	0.47%
NPAB	F	0.46%
RCL	A	0.45%
WOOF	D	0.44%
RL	C	0.4%
UNFI	B	0.39%
LVS	B	0.39%
HBI	B	0.39%
AMZN	B	0.38%
SIG	C	0.38%
MAR	B	0.38%
DECK	A	0.38%
GRMN	B	0.37%
COIN	A	0.36%
LULU	C	0.36%
DPZ	C	0.35%
WHR	B	0.35%
ORLY	B	0.34%
BZH	C	0.34%
PVH	C	0.34%
ANF	C	0.34%
LOW	C	0.34%
FIVE	F	0.33%
WYNN	D	0.33%
CHDN	C	0.33%
SBH	B	0.33%
BURL	A	0.32%
ALV	C	0.32%
MCD	D	0.32%
YETI	D	0.31%
ETSY	D	0.31%
ULTA	F	0.31%
ODP	F	0.3%
TAP	B	0.3%
COST	A	0.3%
ENR	B	0.3%
LNW	F	0.3%
DKS	D	0.29%
DOLE	D	0.29%
APO	A	0.29%
WBA	F	0.28%
CHD	A	0.28%
ROST	D	0.28%
GPC	F	0.28%
TGT	B	0.27%
CVS	F	0.27%
LEA	F	0.27%
LC	B	0.27%
APTV	F	0.26%
EWTX	C	0.26%
MELI	D	0.26%
DAN	F	0.26%
PEP	F	0.26%
STZ	D	0.26%
KKR	A	0.25%
AX	B	0.25%
BG	D	0.24%
CL	D	0.24%
CAL	F	0.24%
GS	B	0.24%
AMP	A	0.24%
FI	A	0.24%
CROX	F	0.24%
TROW	B	0.23%
CPAY	A	0.23%
SQ	A	0.23%
AXP	B	0.23%
ARES	A	0.23%
BHF	C	0.23%
TRV	A	0.22%
CINF	A	0.22%
V	A	0.22%
COOP	B	0.22%
STRL	A	0.21%
AXON	A	0.21%
PGR	B	0.21%
LDI	C	0.21%
MSCI	B	0.21%
ALL	A	0.21%
BFH	B	0.21%
PRG	C	0.21%
PRU	B	0.21%
SIGI	B	0.21%
AER	B	0.21%
AGO	A	0.21%
BR	B	0.21%
BRO	B	0.21%
LBPH	A	0.21%
AIZ	A	0.21%
WTW	B	0.21%
VRT	A	0.21%
MCO	D	0.2%
CRS	A	0.2%
GPN	C	0.2%
GL	C	0.2%
MKTX	D	0.2%
GATO	C	0.2%
RNR	C	0.2%
ZIM	A	0.19%
ICE	C	0.19%
PMT	D	0.19%
NATL	B	0.19%
CME	A	0.19%
SPGI	D	0.19%
HIG	B	0.19%
LPX	B	0.18%
INCY	C	0.18%
EME	A	0.18%
DAL	A	0.18%
PAYC	B	0.18%
VMC	B	0.18%
NAVI	F	0.18%
XPO	B	0.18%
SKYW	B	0.18%
ACGL	D	0.18%
CBOE	C	0.18%
EXP	B	0.18%
CB	C	0.18%
AVNT	B	0.17%
VERA	C	0.17%
GNRC	B	0.17%
PCTY	B	0.17%
APD	A	0.17%
AKRO	C	0.17%
CLOV	D	0.17%
GTLS	A	0.17%
MLM	B	0.17%
SHW	C	0.16%
SAIA	C	0.16%
ETNB	D	0.16%
AIT	B	0.16%
HQY	A	0.16%
TPC	C	0.16%
JBLU	F	0.15%
TT	A	0.15%
ISRG	A	0.15%
PH	B	0.15%
BV	C	0.15%
PEGA	B	0.15%
SNDX	F	0.15%
PNR	B	0.15%
PCAR	C	0.15%
ETN	B	0.15%
DAWN	D	0.15%
JAZZ	C	0.15%
PEN	B	0.15%
WAB	B	0.15%
EMN	D	0.15%
HUBB	B	0.15%
UTHR	C	0.15%
PODD	B	0.15%
URI	B	0.15%
DGX	A	0.14%
GFF	B	0.14%
SYK	A	0.14%
HON	B	0.14%
NBIX	C	0.14%
MANH	D	0.14%
LIVN	D	0.14%
PBI	B	0.14%
MRC	B	0.14%
WWD	B	0.14%
ASH	F	0.14%
COR	B	0.14%
REVG	B	0.14%
CAH	B	0.14%
THC	C	0.14%
WST	D	0.14%
LECO	C	0.14%
LIN	D	0.14%
STGW	B	0.14%
VRTX	D	0.14%
ESTC	C	0.14%
CAT	C	0.14%
ECL	D	0.14%
VRSK	B	0.13%
UNH	C	0.13%
SHC	F	0.13%
ZBH	C	0.13%
DVA	C	0.13%
SAVA	C	0.13%
MOH	F	0.13%
PHIN	B	0.13%
OSK	C	0.13%
KRYS	C	0.13%
BAX	F	0.12%
BA	D	0.12%
TMO	F	0.12%
IQV	F	0.12%
AHCO	D	0.12%
STE	D	0.12%
AOS	F	0.12%
RPRX	F	0.12%
KURA	F	0.12%
XYL	D	0.12%
RSG	A	0.12%
VNO	C	0.12%
COGT	D	0.12%
WDAY	C	0.12%
FDX	B	0.12%
SRPT	F	0.12%
ALGN	D	0.12%
CBRE	B	0.11%
ADBE	D	0.11%
EXPI	C	0.11%
OMI	F	0.11%
DLR	A	0.11%
CGEM	F	0.11%
LNTH	F	0.11%
EFX	F	0.11%
DYN	F	0.11%
UHS	D	0.11%
IDXX	F	0.11%
SPG	A	0.1%
RHP	B	0.1%
SBRA	B	0.1%
EQIX	A	0.1%
OGN	F	0.1%
WELL	A	0.1%
UNIT	B	0.1%
CE	F	0.1%
ELS	B	0.09%
PRIM	A	0.09%
HII	F	0.09%
TDW	F	0.09%
RDFN	D	0.09%
PK	D	0.09%
PEB	F	0.09%
LAMR	D	0.09%
WY	D	0.09%
ICLR	F	0.09%
NMRK	B	0.09%
SANA	F	0.08%
REXR	F	0.08%
SBAC	D	0.08%
EGP	D	0.08%
NEXT	B	0.08%
CPT	C	0.08%
KNTK	A	0.07%
BKR	B	0.07%
WMB	A	0.07%
CEG	C	0.07%
DTM	A	0.07%
TRGP	A	0.07%
BKD	F	0.07%
AMT	D	0.07%
ETR	A	0.06%
SLB	C	0.06%
OII	B	0.06%
FTI	A	0.06%
WHD	B	0.06%
NRG	B	0.06%
APA	F	0.05%
VAL	F	0.05%
DTE	C	0.05%
DUK	C	0.05%
SO	C	0.05%
DK	D	0.05%
SWX	A	0.05%
WFRD	F	0.05%
ATO	A	0.05%
WKC	D	0.05%
AES	F	0.04%
NFE	F	0.04%
EIX	C	0.04%
HE	C	0.04%

OPTZ Underweight 124 Positions Relative to CCSO

Symbol	Grade	Weight
SCCO	F	-5.15%
JCI	B	-5.13%
NUE	D	-4.66%
CARR	D	-4.56%
WM	B	-4.54%
WCN	A	-4.22%
LI	F	-3.39%
STLD	B	-2.78%
LII	A	-2.7%
OC	A	-1.99%
XPEV	C	-1.64%
BLD	F	-1.37%
NIO	F	-1.35%
LKQ	F	-1.23%
AYI	B	-1.22%
RIVN	F	-1.22%
AAON	B	-1.18%
ENPH	F	-1.18%
CMC	B	-0.86%
VMI	B	-0.84%
WTS	B	-0.84%
BMI	C	-0.8%
CSWI	A	-0.79%
BECN	B	-0.77%
IBP	F	-0.75%
CWEN	C	-0.67%
SMR	A	-0.66%
LCID	F	-0.63%
ORA	B	-0.61%
FLNC	C	-0.44%
JOBY	B	-0.44%
MP	C	-0.42%
UEC	A	-0.4%
TGLS	B	-0.4%
DNN	A	-0.32%
RUN	F	-0.32%
QS	D	-0.31%
AY	A	-0.31%
MYRG	C	-0.29%
RNW	D	-0.25%
PLUG	F	-0.22%
APOG	B	-0.22%
NEP	F	-0.21%
AMRC	F	-0.2%
NX	C	-0.18%
JKS	F	-0.18%
DQ	D	-0.18%
LEU	C	-0.17%
SHLS	F	-0.12%
CSIQ	F	-0.11%
ARRY	F	-0.11%
EVEX	F	-0.11%
MNTK	F	-0.1%
SEDG	F	-0.1%
CLNE	F	-0.09%
ADSE	B	-0.09%
LQDT	A	-0.09%
RDUS	C	-0.08%
MTUS	D	-0.08%
HAIN	D	-0.08%
PLPC	B	-0.08%
LYTS	A	-0.07%
WLDN	C	-0.07%
RERE	D	-0.07%
EOSE	D	-0.07%
NOVA	F	-0.06%
AMPS	C	-0.06%
EAF	B	-0.06%
CHPT	F	-0.06%
USAP	A	-0.05%
BYND	F	-0.05%
GEVO	D	-0.05%
OTLY	F	-0.05%
TMC	F	-0.04%
EGHT	C	-0.04%
FREY	B	-0.04%
NVX	B	-0.04%
LNZA	F	-0.04%
SCWO	F	-0.03%
KLTR	A	-0.03%
ALLG	C	-0.03%
AUDC	D	-0.03%
HDSN	F	-0.03%
NRGV	C	-0.03%
FF	F	-0.03%
LTBR	C	-0.02%
TPIC	F	-0.02%
SES	F	-0.02%
SOL	F	-0.02%
ULBI	F	-0.02%
QRHC	F	-0.02%
NIU	F	-0.02%
SLDP	F	-0.02%
ORGN	D	-0.02%
WBX	F	-0.02%
BLNK	F	-0.02%
PESI	C	-0.02%
FLUX	F	-0.01%
FSI	C	-0.01%
STEM	F	-0.01%
FTCI	F	-0.01%
LOOP	F	-0.01%
REFR	D	-0.01%
BEEM	F	-0.01%
LSF	C	-0.01%
LEV	F	-0.01%
CBAT	F	-0.01%
AMPX	C	-0.01%
VVPR	F	-0.0%
IDEX	F	-0.0%
LEDS	C	-0.0%
PEV	F	-0.0%
ADN	C	-0.0%
HTOO	F	-0.0%
SPI	F	-0.0%
CLRO	F	-0.0%
GOEV	F	-0.0%
WWR	C	-0.0%
OESX	D	-0.0%
WAVE	B	-0.0%
IPWR	F	-0.0%
LILM	F	-0.0%
BWEN	F	-0.0%
KULR	C	-0.0%