OPTZ vs. FTLS ETF Comparison

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

$65.63

Average Daily Volume

127,223

Number of Holdings *

384

* may have additional holdings in another (foreign) market
Performance
Period OPTZ FTLS
30 Days 8.47% 2.15%
60 Days 9.68% 3.89%
90 Days 11.36% 3.71%
12 Months 20.58%
84 Overlapping Holdings
Symbol Grade Weight in OPTZ Weight in FTLS Overlap
AAPL C 1.06% 7.44% 1.06%
AER B 0.21% -0.02% -0.02%
AIZ A 0.23% 0.22% 0.22%
ALL A 0.21% 0.88% 0.21%
AMAT F 1.0% -0.04% -0.04%
AMD F 1.03% -0.03% -0.03%
AMZN C 0.38% 2.74% 0.38%
APD A 0.18% -0.7% -0.7%
APO B 0.31% -0.04% -0.04%
AVNT B 0.17% 0.07% 0.07%
BA F 0.11% -0.07% -0.07%
BFH B 0.21% 0.13% 0.13%
BKR B 0.07% -0.13% -0.13%
BURL A 0.33% -0.03% -0.03%
CDNS B 1.21% -0.69% -0.69%
CL D 0.25% 1.17% 0.25%
CMCSA B 0.64% -0.65% -0.65%
CME A 0.2% 1.57% 0.2%
CROX D 0.24% 0.44% 0.24%
CRS A 0.2% 0.34% 0.2%
DIS B 0.77% -0.73% -0.73%
EA A 0.66% -0.02% -0.02%
EAT A 0.55% 0.65% 0.55%
EFX F 0.11% -0.19% -0.19%
ENR B 0.31% -0.04% -0.04%
ETN A 0.15% -0.58% -0.58%
EXP A 0.18% 0.35% 0.18%
FDX B 0.13% 1.69% 0.13%
FFIV B 1.25% 0.4% 0.4%
FSLR F 0.96% -0.02% -0.02%
GFF A 0.15% 0.13% 0.13%
GL B 0.21% 0.41% 0.21%
GPC D 0.29% -0.1% -0.1%
HII D 0.09% -0.11% -0.11%
HON B 0.15% -0.02% -0.02%
HQY B 0.17% -0.13% -0.13%
IDCC A 0.78% -0.07% -0.07%
INTC D 1.31% -0.15% -0.15%
ISRG A 0.15% -0.32% -0.32%
JAZZ B 0.15% 0.31% 0.15%
LIN D 0.14% -0.59% -0.59%
LOW D 0.35% 2.16% 0.35%
LPX B 0.18% 0.31% 0.18%
MCD D 0.32% -0.41% -0.41%
META D 0.65% 1.77% 0.65%
MLM B 0.17% -0.46% -0.46%
MSI B 1.18% -0.43% -0.43%
NFLX A 0.73% -0.15% -0.15%
NOW A 1.27% -0.35% -0.35%
NVDA C 1.44% 4.84% 1.44%
OSK B 0.13% -0.03% -0.03%
PCAR B 0.15% -0.22% -0.22%
PEP F 0.26% -0.57% -0.57%
PH A 0.15% 1.64% 0.15%
PNR A 0.15% 0.56% 0.15%
RCL A 0.47% -0.04% -0.04%
RDFN D 0.08% 0.08% 0.08%
REVG B 0.14% 0.07% 0.07%
RL B 0.39% 0.67% 0.39%
RPRX D 0.12% 0.23% 0.12%
SAIA B 0.15% -0.02% -0.02%
SIGI C 0.22% 0.13% 0.13%
SKYW B 0.18% 0.15% 0.15%
SLB C 0.06% -0.12% -0.12%
SNPS B 1.16% -0.29% -0.29%
STE F 0.12% -0.13% -0.13%
STZ D 0.27% -0.04% -0.04%
SYK C 0.14% -0.17% -0.17%
TMO F 0.11% -0.03% -0.03%
TMUS B 0.72% 2.32% 0.72%
TRV B 0.22% 1.05% 0.22%
TSLA B 0.49% -0.32% -0.32%
UHS D 0.11% 0.19% 0.11%
UNH C 0.13% -0.4% -0.4%
URI B 0.15% -0.2% -0.2%
VAL D 0.05% -0.06% -0.06%
VMC B 0.18% -0.16% -0.16%
VRSK A 0.13% -0.55% -0.55%
VRSN F 1.03% 0.45% 0.45%
WHD B 0.06% 0.21% 0.06%
WMB A 0.07% 0.07% 0.07%
WST C 0.14% -0.06% -0.06%
ZBH C 0.14% -0.36% -0.36%
ZIM C 0.2% 0.44% 0.2%
OPTZ Overweight 237 Positions Relative to FTLS
Symbol Grade Weight
APP B 2.03%
CRWD B 1.37%
CRM B 1.37%
TTMI B 1.36%
DELL C 1.29%
GDDY A 1.27%
ANET C 1.24%
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%
ROP B 1.0%
DJT C 0.93%
LUMN C 0.83%
CRUS D 0.8%
ACLS F 0.78%
RNG B 0.72%
ZM B 0.71%
T A 0.64%
CVNA B 0.55%
AMC C 0.54%
NPAB B 0.52%
WWW B 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 B 0.39%
DECK A 0.39%
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%
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 C 0.31%
ETSY D 0.3%
CHD B 0.3%
ULTA F 0.3%
ROST C 0.29%
DKS C 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%
ODP F 0.27%
AX A 0.26%
DAN D 0.26%
CVS D 0.26%
APTV 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%
BLK C 0.24%
BHF B 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 B 0.2%
MKTX D 0.2%
SPGI C 0.2%
HIG B 0.2%
MCO B 0.2%
GATO D 0.2%
RNR 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%
PAYC B 0.18%
XPO B 0.18%
JBLU F 0.17%
HASI D 0.17%
PEN B 0.16%
EMN D 0.16%
SHW A 0.16%
DOCU 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%
ECL D 0.15%
HUBB B 0.15%
ESTC C 0.15%
TT A 0.15%
PEGA A 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 B 0.14%
COR B 0.14%
MRC B 0.14%
DGX A 0.14%
LECO B 0.14%
UTHR C 0.14%
CAH B 0.14%
LIVN F 0.14%
AKRO B 0.14%
DVA B 0.14%
CAT B 0.14%
WDAY B 0.13%
BV B 0.13%
ALGN D 0.13%
NBIX C 0.13%
VRTX F 0.13%
SAVA D 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%
AOS F 0.12%
KRYS B 0.12%
MOH F 0.12%
XYL D 0.12%
RSG A 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%
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 B 0.1%
LNTH D 0.1%
EXPI C 0.1%
CBRE B 0.1%
OMI F 0.1%
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%
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%
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%
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 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 300 Positions Relative to FTLS
Symbol Grade Weight
MSFT F -4.45%
SCHW B -2.26%
C A -2.18%
ACN C -2.11%
PM B -1.92%
QCOM F -1.88%
JNJ D -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 B -1.19%
GOOG C -1.17%
BRK.A B -1.13%
ILMN D -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 B -0.83%
FANG D -0.83%
SYF B -0.79%
NTAP C -0.75%
PBR C -0.73%
JBL B -0.73%
TWLO A -0.72%
AFL B -0.7%
TOL B -0.65%
CSL C -0.6%
CF B -0.55%
NVR D -0.55%
INSM C -0.54%
VLTO D -0.49%
BJ A -0.47%
MAS D -0.46%
GEN B -0.45%
OKTA C -0.45%
FLEX A -0.44%
NTRS A -0.42%
NVS D -0.41%
VICI C -0.4%
PENN C -0.4%
SWK D -0.4%
CAG D -0.38%
DBX B -0.36%
SNA A -0.33%
TKO B -0.32%
WRB A -0.32%
TTC D -0.31%
AYI B -0.29%
CCK C -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 B -0.24%
KNSL B -0.22%
SAM C -0.21%
ALSN B -0.2%
MGY A -0.2%
MSM C -0.2%
COLB A -0.19%
HRB D -0.19%
EXEL B -0.19%
THO B -0.18%
PNFP B -0.17%
ALKS B -0.17%
GLBE B -0.17%
ADMA B -0.17%
CALM A -0.16%
UMBF B -0.16%
STNG F -0.16%
TWST D -0.16%
SFM A -0.16%
ORI A -0.15%
MATX C -0.15%
PRI A -0.15%
CRC B -0.15%
GM B -0.14%
AXS A -0.14%
CSWI A -0.13%
PAA B -0.13%
GMS B -0.13%
CBSH A -0.13%
CBT C -0.13%
LEG F -0.13%
LOGI D -0.13%
FTDR A -0.12%
SMPL B -0.12%
ZWS B -0.12%
VRNA B -0.12%
MTG C -0.12%
TCBI B -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 B -0.1%
THG A -0.1%
MMS F -0.1%
ABM B -0.1%
NSA D -0.1%
ESNT D -0.09%
KFY B -0.09%
PRGS A -0.09%
DBRG F -0.09%
CARG C -0.09%
VCYT B -0.09%
CUBI C -0.09%
LCII C -0.09%
YOU D -0.09%
GRBK D -0.09%
EXTR B -0.09%
GBCI B -0.09%
LANC C -0.08%
UBSI B -0.08%
TXG F -0.08%
EPR D -0.08%
KMPR B -0.08%
BOH B -0.08%
FOLD F -0.08%
RLI B -0.08%
PAYO A -0.08%
NMIH D -0.07%
EBC B -0.07%
BCRX D -0.07%
FHB A -0.07%
PBH A -0.07%
PLXS B -0.07%
HAYW B -0.07%
AZZ B -0.07%
ICFI F -0.06%
ADUS D -0.06%
WFG D -0.06%
BRC D -0.06%
OTEX D -0.06%
PLMR B -0.06%
AUB B -0.06%
ROIC A -0.06%
SUPN C -0.06%
MQ F -0.06%
COLL F -0.05%
TRMD F -0.05%
GSL F -0.05%
AMPH D -0.05%
CDNA D -0.04%
MYGN F -0.04%
VSAT F --0.01%
VIST A --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 D --0.02%
KD B --0.02%
RIVN F --0.02%
FRO F --0.02%
LKFN B --0.02%
COHR B --0.02%
UWMC D --0.02%
WOLF F --0.02%
IBOC A --0.02%
NVEE F --0.02%
CVX A --0.02%
RUN F --0.02%
ENS D --0.02%
ARM D --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 B --0.03%
ICHR C --0.03%
CNNE B --0.03%
GE D --0.03%
GKOS B --0.03%
BVN F --0.03%
SDGR C --0.03%
NEOG F --0.03%
OSIS B --0.03%
NWSA B --0.03%
RDY F --0.03%
CLH B --0.03%
PSMT C --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 B --0.04%
FFIN B --0.04%
TFIN A --0.04%
MARA C --0.04%
IRTC D --0.04%
CRDO B --0.04%
APPN B --0.04%
RH B --0.04%
ALB C --0.04%
LMND B --0.05%
SOFI A --0.05%
AEO F --0.05%
ACVA B --0.05%
ACIW B --0.05%
VRRM D --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 C --0.06%
MSA D --0.06%
VNT B --0.07%
KTOS B --0.07%
MMYT B --0.07%
MUFG B --0.07%
SSB B --0.07%
SE B --0.07%
AVY D --0.07%
AVAV D --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 F --0.1%
ING F --0.1%
ARGX A --0.11%
HAE C --0.11%
KEYS A --0.12%
ABT B --0.14%
PKG A --0.15%
TM D --0.15%
ASX D --0.15%
IPG D --0.16%
MU D --0.16%
INFY B --0.16%
GSK F --0.16%
GWRE A --0.2%
BWXT B --0.2%
FMX F --0.2%
HSBC B --0.21%
DEO F --0.22%
CCEP C --0.23%
PANW C --0.25%
KR B --0.25%
TYL B --0.25%
GEHC F --0.26%
PG A --0.26%
SAP B --0.27%
OMC C --0.27%
NSC B --0.27%
BABA D --0.28%
MMM D --0.3%
WAT B --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 B --0.41%
XOM B --0.45%
WM A --0.47%
DE A --0.48%
PNC B --0.51%
GD F --0.52%
PAYX C --0.57%
Compare ETFs