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
321
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
275
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% |
OPTZ: Top Represented Industries & Keywords
FTEC: Top Represented Industries & Keywords