OPTZ vs. FTEC ETF Comparison

Comparison of Optimize Strategy Index ETF (OPTZ) to Fidelity MSCI Information Technology Index ETF (FTEC)
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
FTEC

Fidelity MSCI Information Technology Index ETF

FTEC Description The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$184.90

Average Daily Volume

212,411

Number of Holdings *

275

* may have additional holdings in another (foreign) market
Performance
Period OPTZ FTEC
30 Days 8.47% 4.14%
60 Days 9.68% 7.90%
90 Days 11.36% 7.31%
12 Months 36.13%
36 Overlapping Holdings
Symbol Grade Weight in OPTZ Weight in FTEC Overlap
AAPL C 1.06% 15.03% 1.06%
ACLS F 0.78% 0.06% 0.06%
ADBE C 0.11% 1.51% 0.11%
AMAT F 1.0% 0.98% 0.98%
AMD F 1.03% 1.39% 1.03%
ANET C 1.24% 0.66% 0.66%
APP B 2.03% 0.55% 0.55%
BHE B 1.2% 0.04% 0.04%
CDNS B 1.21% 0.55% 0.55%
CRM B 1.37% 2.04% 1.37%
CRUS D 0.8% 0.07% 0.07%
CRWD B 1.37% 0.54% 0.54%
DELL C 1.29% 0.29% 0.29%
DOCU A 0.16% 0.18% 0.16%
ESTC C 0.15% 0.09% 0.09%
FFIV B 1.25% 0.16% 0.16%
FSLR F 0.96% 0.17% 0.17%
GDDY A 1.27% 0.22% 0.22%
IBM C 1.02% 1.18% 1.02%
IDCC A 0.78% 0.11% 0.11%
INFN C 1.11% 0.03% 0.03%
INTC D 1.31% 0.69% 0.69%
ITRI B 1.19% 0.1% 0.1%
MANH D 0.13% 0.17% 0.13%
MSI B 1.18% 0.55% 0.55%
NOW A 1.27% 1.33% 1.27%
NVDA C 1.44% 16.06% 1.44%
PEGA A 0.15% 0.09% 0.09%
QLYS C 1.22% 0.1% 0.1%
RNG B 0.72% 0.06% 0.06%
ROP B 1.0% 0.41% 0.41%
SNPS B 1.16% 0.55% 0.55%
TTMI B 1.36% 0.06% 0.06%
VRSN F 1.03% 0.16% 0.16%
WDAY B 0.13% 0.41% 0.13%
ZM B 0.71% 0.2% 0.2%
OPTZ Overweight 285 Positions Relative to FTEC
Symbol Grade Weight
WIX B 1.15%
VZIO A 1.04%
BAH F 1.02%
DJT C 0.93%
LUMN C 0.83%
DIS B 0.77%
NFLX A 0.73%
TMUS B 0.72%
EA A 0.66%
META D 0.65%
CMCSA B 0.64%
T A 0.64%
EAT A 0.55%
CVNA B 0.55%
AMC C 0.54%
NPAB B 0.52%
TSLA B 0.49%
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%
RL B 0.39%
LULU C 0.39%
SIG B 0.39%
MAR B 0.39%
DECK A 0.39%
AMZN C 0.38%
LVS C 0.38%
WHR B 0.37%
GRMN B 0.37%
ANF C 0.36%
SBH C 0.36%
WYNN D 0.36%
BZH B 0.35%
LOW D 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 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%
CHD B 0.3%
ULTA F 0.3%
ROST C 0.29%
DKS C 0.29%
GPC D 0.29%
COST B 0.29%
LC A 0.28%
LEA D 0.28%
TGT F 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%
PEP F 0.26%
CVS D 0.26%
APTV D 0.25%
CL D 0.25%
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%
APD A 0.18%
VMC B 0.18%
EME C 0.18%
GTLS B 0.18%
PAYC 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%
MLM B 0.17%
HASI D 0.17%
PEN B 0.16%
EMN D 0.16%
SHW A 0.16%
PCTY B 0.16%
PWR A 0.16%
AIT A 0.16%
ACHR B 0.16%
INCY C 0.16%
VERA B 0.16%
GNRC B 0.16%
HON B 0.15%
ECL D 0.15%
HUBB B 0.15%
GFF A 0.15%
ISRG A 0.15%
TT A 0.15%
ETN A 0.15%
PCAR B 0.15%
WAB B 0.15%
JAZZ B 0.15%
PH A 0.15%
URI B 0.15%
TPC C 0.15%
SAIA B 0.15%
PODD C 0.15%
CLOV D 0.15%
PNR A 0.15%
PHIN A 0.14%
THC D 0.14%
STGW B 0.14%
COR B 0.14%
ZBH C 0.14%
MRC B 0.14%
DGX A 0.14%
WST C 0.14%
LECO B 0.14%
UTHR C 0.14%
CAH B 0.14%
LIVN F 0.14%
AKRO B 0.14%
REVG B 0.14%
LIN D 0.14%
DVA B 0.14%
SYK C 0.14%
CAT B 0.14%
UNH C 0.13%
BV B 0.13%
VRSK A 0.13%
ALGN D 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%
AHCO F 0.12%
SHC F 0.12%
AOS F 0.12%
KRYS B 0.12%
MOH F 0.12%
RPRX D 0.12%
XYL D 0.12%
STE F 0.12%
RSG A 0.12%
ETNB C 0.12%
DAWN F 0.12%
IQV D 0.11%
EFX F 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%
TMO F 0.11%
UHS D 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 B 0.1%
LNTH D 0.1%
EXPI C 0.1%
CBRE B 0.1%
OMI F 0.1%
HII D 0.09%
CPT B 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%
WY 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%
CEG D 0.07%
KNTK B 0.07%
BKR 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%
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 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%
OPTZ Underweight 239 Positions Relative to FTEC
Symbol Grade Weight
MSFT F -13.23%
AVGO D -4.31%
ORCL B -1.9%
CSCO B -1.47%
ACN C -1.42%
INTU C -1.23%
TXN C -1.16%
QCOM F -1.14%
PLTR B -0.81%
PANW C -0.81%
MU D -0.7%
ADI D -0.67%
LRCX F -0.64%
KLAC D -0.57%
APH A -0.57%
MRVL B -0.54%
ADSK A -0.46%
MSTR C -0.45%
FTNT C -0.43%
FICO B -0.41%
NXPI D -0.39%
TEAM A -0.33%
IT C -0.31%
CTSH B -0.3%
SNOW C -0.29%
GLW B -0.29%
DDOG A -0.28%
HUBS A -0.28%
HPQ B -0.27%
MCHP D -0.25%
ANSS B -0.24%
NET B -0.23%
HPE B -0.23%
TYL B -0.22%
ON D -0.22%
KEYS A -0.22%
PTC A -0.2%
TDY B -0.2%
MPWR F -0.2%
ZBRA B -0.19%
TWLO A -0.19%
CDW F -0.19%
MDB C -0.19%
NTAP C -0.19%
TRMB B -0.18%
WDC D -0.18%
NTNX A -0.18%
STX D -0.17%
GWRE A -0.17%
GEN B -0.17%
ZS C -0.17%
EPAM C -0.16%
JBL B -0.16%
FLEX A -0.16%
COHR B -0.16%
BILL A -0.15%
DT C -0.15%
IOT A -0.14%
PSTG D -0.14%
ENTG D -0.14%
TER D -0.14%
SWKS F -0.13%
AKAM D -0.13%
JNPR F -0.13%
CIEN B -0.13%
QTWO A -0.12%
PCOR B -0.12%
GTLB B -0.12%
CFLT B -0.12%
OKTA C -0.12%
LITE B -0.12%
ALTR B -0.11%
FN D -0.11%
DBX B -0.11%
SMAR A -0.11%
KD B -0.11%
SNX C -0.11%
MARA C -0.11%
S B -0.11%
CVLT B -0.11%
CRDO B -0.11%
MTSI B -0.11%
PATH C -0.1%
U C -0.1%
OLED D -0.1%
AUR C -0.1%
WK B -0.1%
BDC B -0.1%
PLXS B -0.1%
MKSI C -0.1%
RMBS C -0.1%
CGNX C -0.1%
BSY D -0.1%
BOX B -0.1%
BMI B -0.1%
VNT B -0.1%
LSCC D -0.1%
ACIW B -0.1%
CWAN B -0.1%
DLB B -0.09%
AVT C -0.09%
SITM B -0.09%
AEIS B -0.09%
TENB C -0.09%
HCP B -0.09%
DXC B -0.09%
ARW D -0.09%
VRNS D -0.09%
APPF B -0.09%
LFUS F -0.09%
SANM B -0.09%
NOVT D -0.09%
ONTO D -0.09%
PI D -0.09%
SPSC C -0.09%
CLSK C -0.08%
SLAB D -0.08%
POWI D -0.08%
RIOT C -0.08%
BLKB B -0.08%
NCNO B -0.08%
ENPH F -0.08%
ASGN F -0.08%
FORM D -0.07%
ALRM C -0.07%
TDC D -0.07%
FRSH C -0.07%
PRGS A -0.07%
FIVN C -0.07%
AI B -0.07%
FROG C -0.07%
INTA A -0.07%
DV C -0.07%
MIR A -0.07%
NSIT F -0.07%
SYNA C -0.07%
AGYS A -0.07%
SMTC B -0.07%
QRVO F -0.07%
SMCI F -0.07%
BL B -0.07%
ALGM D -0.06%
OSIS B -0.06%
PAR B -0.06%
KLIC B -0.06%
DIOD D -0.06%
RPD C -0.06%
CXT B -0.06%
VERX B -0.06%
AMKR D -0.06%
ZETA D -0.06%
VYX B -0.05%
EXTR B -0.05%
BRZE C -0.05%
ALKT B -0.05%
PLUS F -0.05%
IPGP D -0.05%
YOU D -0.05%
DOCN D -0.05%
VIAV B -0.05%
AMBA B -0.05%
RBRK A -0.05%
VRNT C -0.04%
VECO F -0.04%
UCTT D -0.04%
PLAB C -0.04%
CTS C -0.04%
NTCT C -0.04%
INFA D -0.04%
KN B -0.04%
WULF C -0.04%
ROG D -0.04%
PD C -0.04%
CALX D -0.04%
VSH D -0.04%
SOUN C -0.04%
RAMP C -0.04%
ICHR C -0.03%
ARLO C -0.03%
SCSC B -0.03%
ENV B -0.03%
MXL C -0.03%
DGII B -0.03%
APPN B -0.03%
COHU C -0.03%
ASAN C -0.03%
ATEN B -0.03%
CIFR B -0.03%
ZUO B -0.03%
NSSC D -0.03%
HLIT D -0.03%
SPT C -0.03%
CEVA B -0.02%
OLO B -0.02%
SWI B -0.02%
NTGR B -0.02%
AOSL C -0.02%
SEDG F -0.02%
DJCO B -0.02%
INDI C -0.02%
IBUY A -0.02%
HCKT B -0.02%
BASE C -0.02%
NABL F -0.02%
BELFB C -0.02%
BLND B -0.02%
YEXT A -0.02%
ACMR F -0.02%
CXM C -0.02%
APLD A -0.02%
CNXN C -0.02%
PRO C -0.02%
WOLF F -0.02%
FSLY D -0.02%
PDFS C -0.02%
JAMF F -0.02%
XRX F -0.02%
GDYN B -0.02%
AAOI B -0.02%
VPG D -0.01%
CRSR C -0.01%
MEI D -0.01%
CLFD D -0.01%
LWLG F -0.01%
RBBN C -0.01%
SEMR B -0.01%
ENFN A -0.01%
BIGC C -0.01%
MITK C -0.01%
ETWO F -0.01%
WEAV B -0.01%
DMRC C -0.01%
LASR D -0.01%
KE C -0.01%
MLNK B -0.01%
NNBR C -0.01%
DAKT B -0.01%
VSAT F -0.01%
OSPN A -0.01%
Compare ETFs